/biz/ - Business & Finance

fuck u

>>19743080
incredibly, insanely, unequivocally, unYIELDINGLY, SAVAGELY, UPROARIOUSLY based

Uhhhhhhhhh...
I think I just became rich????
Wtf was it really this easy?
I didn't check my portfolio for a fucking week because I can't trust myself to not trade on emotion. I quit my job this morning and cashed out. Holy shit.

Why did I listen to the "sky is falling" bears tell me the Fed is out of ammo? If it's out of ammo why am I ruined? Do any of them ever place puts or just type all that shit?? WHAT THE FUCK

>>19743080

>>19743091
poast screencap McNigger Fagboi.

Here's your diddly bro strap into the meme rocket we're all systems go FMCI

Wall Street doesn't care about N*****s

>>19743098
If they are long term then hold(oct+)

sell my +220% wti x15 contracts worth 22k now or keep holding?
fucking oil is such a rollercoaster

>>19743098

this was the fed's last sell signal to investors. this was the last pump before the whales take profits.

>>19743098
what bobo shit did you specifically listen to? that futures were blood red? we say that every night. no one said Fed is out of ammo. Fed has infinite ammo. you made a choice to listen to someone's shitpoast and you lost money today, simple as.
https://www.youtube.com/watch?v=596vi4HLNj4

Buy my INUV bags

>>19743020
I was thinking VOOG + QQQ.

>>19743134
Nah you're good man. People won't irrationally sell off when things start turning a little green after doomsday posting all weekend.

Go to sleep

Who here is still holding some green IVR and SSL bags? Fuck you dumbass bears

My predictions for tomorrow:
>Papa Powell say bad thing
Line go way down
>Papa Powell say good thing
Line go slightly down
>Papa Powell say OK thing
Line crabs
Or PPT wakes up early and line go up

I have everything in oil, should I get out before the speech?

Jerome is going to tank the market tomorrow. I have about 8k each in SPXL and SOXL but I know it to be true.

>>19743098
i'm one of the bobos here every day and night. i specifically said futures are meaningless now because of QEinfinity and that we'll probably see green at open. which is what happened...

>just found out the only penalty for overcontributing to TFSA is 1% of overcontribution per month
>that's less than the lowest tax bracket for capital gains
>even if invested in SPY during pre-corona bullrun, compounding beats the tax
>literally no reason to not overcontribute at all times, triply so if invested in a 3x leveraged ETF
Time to GIT RIIIIICH

>>19743135
Wasn't that friday?

>>19743148
Why would you want to get 10% cagr when you could get 50% cagr?

>>19743080
Why would you say something so crass, boorish, and rude? I did nothing to provoke this uncalled for hostility. My sadness is immeasurable and my day has been ruined. I hope you're happy.

Bears eternally getting fucked lmao

Post your last words to honor bearbros ruined anus

>>19743170
I had no idea this was coming, honestly. I was up 75% on TVIX this morning and am just shocked. Not mad really, not worried really, just shocked. It's insane.

>he holds 3x leveraged treasury ETF
OH NO NO NO

>>19743169
I'm a long-term bear but even I don't believe that. Jerome will be downbeat and subtly pessimistic on the economy and will use the word "uncertainty" 37 times tomorrow. And that will be bullish because it means Congress will pass more stimulus.

>>19743080
What the fuck did you say to me.

>>19743169
Seriously what can Jerome say that will moon the markets any further, we were already anticipating QE Infinity, buying corporate debt was not a surprise. Democrats are going to tear him a new anus tomorrow.

>>19743098
Hint:

>The Bobos are speculative Redditors who have like $400 in their Robinhood account and just LARP about the sky falling 7 days a week while they live off unemployment benefits

I know plenty of people like this. They LARP about the sky falling because they're too afraid/poor to put their money where their mouth is (also, they don't have any money, because they're fucking retarded)

I have nothing but disdain for poorfag bobo redditors LARPing about the next happening.
>muh memevirus!
>muh nigger riots!
>muh print money brrr haha lol!

fucking die already

>>19743205
The clowns in Congress will use this as a political stunt to fearmonger and dump the markets since they don't want Trump re-elected.

STONKCHADS RISE UP

Should I sell my 10 shares of FRT I bought at 68? They're all I could afford at the time, and theyre up about 50%.Im about to add another 3k though, so was debating my split between TQQQ, TSM, and WKHS. Maybe some cash for the CHK meme. If you're going to ask if I'm easily influenced by random posters, the answer is very much yes.

Hello I'm a europeon retard and I made up this cookie cutter portfolio to get started with investing

75% MSCI World, 10% MSCI Emerging Markets and 15% MSCI World Small Cap.

Is it a good idea if I dont want huge returns in exchange for some resilience? Looking to cash out in around 15-20 years

>>19743195
You and me both buddy. I hasd some nice gains going with TVIX. But I think we'll see a reversal after Powell talks and they'll come back..

I'm a bobo and I approve this message.

>>19743169
My entire life is riding on this now. He MUST tank the market. Even if just for an hour. Even if just for ten minutes. I'll be ready. Everything I've ever done is coming to a head. Holy shit what the fuck do i do i gotta get out of here

>>19743080
rude!

Money printer go brrrrrrrrrrrrrrrrr

holy shit I made more in after hours than I did during the day. Imagine being a bear during this shit lol

>>19743231
im matt stonie and this is the 50 big mac challenge

white house edition

>>19743213
He will kneel to BLM when the first demonrat gets a turn. Sell off will begin at this moment.

>>19743062
fuck OP why do you have to go out and target me so.

>>19743238
That’s fine for long term holding yep. Good job. Don’t listen to these gambling addicts.

>>19743238
World/EM is meme tier. Just buy US megacap growth and skip the pretense.

26090... destroyed that ceiling. fuck me, idk what's next

>>19743244
I closed my short last week and lost $17,000 during a generational dip where fortunes were made.

I guess someone’s gotta lose.

>>19743221
your portfolio is going to get curbstomped starting next week

TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG
>TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG
TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG
>TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG
TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG
>TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG
TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG
>TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG
TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG
>TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG
TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG
>TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG
TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG
>TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG
TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG
>TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY - BBG

Limit up incoming?

Do you guys think it was good move for me to put a few hundred each in tvix and spxs on friday?

>>19743278
Yikes cope harder

>>19743149
my only retarded defense for still holding is i unironically believe jewman sachs intentionally crashed it because they missed the dip

>>19743270
It's just for diversification, I understand that based on past returns USA is overperforming everything else but will that be the case in 10 years?

MLM calls

>>19743285
no tvix is mentally ill unless you knew about coronavirus in february

and those people are going to be living in total sorrow for the rest of their life who are heavily in tvix

>>19743281
oh fug, see you guys at S&P 5000 (by next week)

TYBT

Imagine being a bear LOLOLOLOLOLOL

>>19743080
How can one man be so based?

>>19743281
I saw something about the government trying to encourage manufacturing jobs to help make up for the totally decimated entertainment/hospitality sectors. I highly fucking doubt a bunch of bartenders and line cooks are going to jump at the opportunity to sit on an assembly line

>>19743231
YEA

>>19743277
can't compare yourself to Portnoy, just look at the size of his nose. pic rel.

>>19743292
lol ok if you want to invest in pajeets and brasiliano cell phone providers go ahead ill be getting rich the easy way

>>19743329
/ourjew/

>>19743309
>futures matter except when it's not in my favor

>>19743329
Portnoy is pretty based for being a jew desu

>>19743317
Line cooks basically are an assembly line but bartenders are prissy little bitches usually.

t. restaurant manager

>>19743350
t. R*ddit.com

>>19743250
Because I knew you held when you should have sold, and I know that because you are me.
>>19743275
The gap up tomorrow is gonna kill me.

>>19743281
means nothing, he's floated this for his whole presidency. And right now the atmosphere is so polarized that that bill would be amended a crazy amount of times before it passed and would take an equally long amount of time to impact the economy.

>>19743281
link?

I'm fucking pissed

I bought gold on Thursday at opening. It fell all the way down until this morning where I couldn't take it anymore. Less than 5 min after it starts pumping. Had I hold it I'd get back that money I lost. I feel like I'm destined to misery only

fellas are the timelines merging again?

>>19743358
100%

>>19743350
Cope

Who /vanguard total world bond fund/ here

>he didn’t buy SPY calls when it dropped to 296 this morning

ngmi

Bobo here I’m not feeling so good just gonna close my laptop and lay in bed see you guys in the morning ughhhh why did I have to go short with this kind of momentum and the fed printing money ad nauseam why am I so fucking stupid I read 4 books on investing and watched hundreds of hours worth of YouTube videos why am I so dumb I hate myself I’m a stain on my family legacy my poor mother fucking god damn it piece of shit stock market if I did literally nothing for the last 3 months I would have more money than I do now fucking god damn it

>>19743177
Thats the penalty, on top of income tax which they will charge.

>>19743399
ATH here we come. Futures already 3100, 9900 +

>>19743377
?

>>19743234
Respond to me, niggers.

WKHS Anon, does the fact that workhorse's partner for the USPS truck contact dropped out spook you?

>>19743400
kek, that's what you get you dumb communist bear.

NO MORE BULLS
NO MORE BEARS
NO MORE CRABS

WE KANGAROO MARKET NOW

>>19743358
>>19743381
Either way, you think they're going to love working at the bolt factory? Sounds like a lamebrain politician idea, they could just keep literally tossing money into our pockets

>>19743414
No.

>>19743091
How much?!

I hit 1.2 cdn but I figure I need 3.2 to retire.

>>19743400
yeah being a bobo sucks. join us on team crab...
https://www.youtube.com/watch?v=cE0wfjsybIQ

Gentlemen.. I do believe we are pumping.

>>19743400
christ anon you gotta stop telling the market what to do and go with the flow

>>19743414
not your personal financial advisor niggercunt

>>19743417
Why did he do it, bros?

>>19743400

as weak as the fundamentals of the economy are, i'm becoming a bull. there's literally no way the average person could fight the fed. this system is so fucked and disconnected.

NBEV / U.S securities and exchange Commission contacted me regarding voting. What do?

>60 points in the last 5 minutes

WHAT THE FUCK IS HAPPENING

I've noticed that KR tends to go up when SPY goes down, which is weird since it's part of SPY.

Grocery stores are immune to recessions. When people don't have an income, pretty much the *one* thing they *have* to spend money on is food.
Grocery stores are immune to COVID. They're essential businesses.
Grocery stores are immune to China trade wars. They sell perishable food mostly sourced locally.

Look up the CEO Rodney McMullen. He started at the bottom. This is company has good leadership.
KR's PE is 15.73, not a meme stock and not yet inflated from Jerome's green dildo.
KR has consistently has increasing dividends per share quarter over quarter.

http://ir.kroger.com/quarterly-results
>Kroger's fourth quarter 2019 ended on February 1, 2020.
Holy fucking shit this is RIGHT before all the hoarding began. These next earnings FULLY ENCAPSULATE all of this year's madness.
I'm scaling back my own shopping so I'm buying cheaper stuff at Kroger. What do I see in the aisles? "Due to heavy demand we are low on stock on this item. We are in talks with our suppliers" Blah blah.

I'm telling you KR has been a huge sleeper while everyone plays with meme stocks. These earnings the day before the quad witching are going to be epic.

Lmao the fed has an endless bag of tricks ready to keep the sugar high going all year don’t they

>OIL
YESSSSSS

>>19743459
Golden bull

>>19743459
>what is happening
I sold

>>19743291
You've got a great return right now that could be utilized further if you actualize it. Do what you will, but I know what I would do when up that much.

>>19743436
Yes you are, so dance, monkey.
>>19743421
Yes.

>>19743459
bears got too cocky on a dead cat dip

>>19743484
>he sold the bottom

>>19743473
just go long already you fucking desperate bears
hedge with vix or something

>>19743453
Isn't a 10k just a report? I don't think you have to respond. It's the more official and boring version of an annual shareholder's report that the company has to file with the SEC directly.

>>19743281
I really hope so. Might be one of the few long term benefits of this dumpster fire presidency.

>>19743468
i live near a food4less which is owned by kroger and it was packed today. kroger also owns ralphs which is one of the largest chains in socal. but lately a lot of people also shop at more convenient places like costco and walmart because they think they can save money. i don't have a ralphs near me. personally i prefer aldi or trader joes! kroger looks like a buy though...

>>19743400
I have 5k in puts, would be stupid profits if DJI went to 18k agin though down 1k ATM. I don't care if I lose it all, I rode Bitcoin to the moon in 2017, Bought the market in 2016 when Trump was elected, and shorted in march(cash ever since). If the market reaches an ATH I'll take the complete loss and could care less, i'm that confident in my position. In the end, Nature shall prevail, i'm convinced.

>>19743468
I was initially cheap and got 7/17 $40-45 calls for max gambling degeneracy but I've since paper hands'd those because KR is crab walky as fuck and bought back in with $35 7/17 calls and doubled down with some more $32 7/17 calls during today's dip.

Too good to be true, feels like a set up to me

>>19743405
There's no tax in a TFSA, just before it's put into it. If you were on a non-registered account, you'd pay minimum 15% on capital gains (up to >26% in the top tax bracket). If you invest into a leveraged ETF at the current moment, shit's guaranteed to go up at least 100% over capital by end of year. What's a 6% penalty on the overcontribution compared to that? Then you can sell anytime, completely tax-free.

>>19743062
Profitable trading on a small portfolio is getting lame. Up another 100 dollars on portfolio, and 120$ today with Uber.
Need more. $100,000 portfolio is going to take a lot of work, but I can do it I bet within 5 years.

Here is to anon who needed dow to drop to 24500 by tomorrow or his portfolio would catch fire
We hardly knew ye

>>19743432
I do believe you are correct sir

>>19743520
your fortune awaits you.

Why oh why did I sell my SPY calls

>>19743537
Nah the markets are skyrocketing. My Swing trade that I setup is based on re-openings. I legit might make another 3 grand off this trade.
It isn't much, my portfolio is still small.
Market is safe for the summer, that is my honest opinion.

>>19743551
kek is there a screenshot?

>>19743499
This is the additional letter they sent me.
After reviewing these papers, I'm not legally required to respond.

>>19743432
We are safe until the fall. I am telling you that I am opening up so many shorts at the end of Summer and just waiting patiently. It is going to peak this winter.

>futures

>>19743551
May he rest in tattered pieces

Honest thoughts?

>>19743588
I bet we are green until Thursday. I am not selling my play. Iron fucking hands.

>>19743414
Any position you exit in the money is a win

WE AINT GOT NO TIME FOR LIQUIDITY TRAPS

When markets are greedy, be fearful. When markets are fearful, be greedy. Which one applies right now?

>>19743098
>Why did I listen to the "sky is falling" bears tell me the Fed is out of ammo?
It's academic. You would not have sold anyway before the inevitable crash.
> do u even put?
No. Cashgang. It's the only way to survive the wait for the crash. Gambling is what got the market into this mess in the first place.

>>19743622
It means shut the fuck up weeb

>>19743234

If you’re green you’re gold homie. You can’t think in min/max autistic video game stat terms with the market because potential loss is infinite and potential gain is infinite. You’ll drive yourself crazy with what if scenarios about leaving money on or off the table. If you’re making profit you’re making it.

>>19743594
>>19743567
Here from last thread
>>19742953
>>19742991

>>19743601
AGRX is an interesting play. Call on SPY is really bullish, but it isn't impossible.

R.I.P /NBEV/

>>19743622

When markets are greedy, stocks go up. When markets are fearful, stocks go up. Which one applies right now?

>>19743636
How is this post made two hours in the future?

>>19743622
Faggot

>>19743628
Ironically I actually don't like asian girls that much but I constantly post them in biz threads because I know everyone here is a fucking weeb

Also; markets are greedy af right now, you guys should be ashamed of yourselves

>>19743659
Shut the fuck up weeb

>>19743141
>no one said Fed is out of ammo
I recall the conversation and while no one said the fed was out of ammo, it was observed that they are out of new weapons. They try to insinuate they have more tricks in their bag, but they don't, only negative interest remains and if they go there that might well backfire.

>>19743642
Nah he is right, market is about to get fucking reemed in like 4 months. For a 100 billion dollar portfolio, he can't just sell a month out.
That motherfucker is about to double his money and dunk on Bezos/Bill gates.

>>19743666
No u

>>19743666
Based

>>19743278
Any day now says increasingly nervous man for third time this week

>>19743659
How do you know what kind of girls you like if you never fucked one?

Whered all the loud mouth bears go?? They made it sound like I’d be dieing from some made up flu and niggers would be burning my house down tonight

Im a simple man
If an anime/asian poster tells me to buy a stock I do it

>>19743610
same. something bad happened to Jerome. noticed a big difference. there was one speech where he commanded respect and authority. then the recent one, from the tone of his voice, his body language, it was like he just walked in on his wife getting creampied by a 250 lb. ghetto dindu, and now he's completely lost his confidence. we all picked up on it.

green futures or red futures, it's all BS anyway. but if he gives another "black lives matters" speech it's going to tank the marke like last time. holy shit are we all so tired of hearing about niggers. i actually laugh out loud and clap when i open a news site and hear about another dead negroid.

>>19743645
I cant speak for everyone here but im feeling greedy as fuck

>>19743234

>>19743673
No we are in a bull market now for years

>>19743697
I think you can speak for everyone here, anon

>>19743240
Your going to make it anon, I Promise

>>19743694
I think that the selloff was totally unrelated to the FED. He said bullish news. We just had a week long bull run, that is pretty impressive.
Basically look at corporate debt levels of now vs. 2008, 1944 (post ww2).
When the market actually falls due to systemic problems and not Corona, that is when we will be in for the two year recession, which will suck.
I see a 15,000 DOW, I think that is the fair fucking value, it only hit 17,500 during Corona fall.
I am extremely confident in what I am saying, but do your own research. We are going to close again this fall. Look at the projections/models of virus from Swiss and Bejing institute. Both are calling that if the virus didn't recede completely in early May, then we are statistically due for another due to the biology of the Virus.

>>19743687
Based

DOW IS CRASHING IT COULDN'T HOLD 26,200 THIS IS IT BOYS COME ON BACK DOWN DOWN THIS IS IT BOYS

>>19743688

I've never fucked an asian girl, true. Only white girls and a jewess with big khazar milkers

>>19743710
this but unironically

fundamentals don't matter anymore bears, only sentiment. fundamentals didn't cause the crash, the memevirus did, so it's back to normal. as irrational as it might seem to you, it's back to business as usual. stop trying to fight it.

as a reformed bobo i'm just telling you this for your own good.

>>19743722
Yeah agreed

>>19743735
HOW DO YOU KNOW!?!?!?!

>>19743240
Then i wish you luck fren, hope you make it

we did it, bros

>>19743687
j-just 2 more weeks...y-you'll see...

>>19743671
well today they rehashed news that fed is buying corp bonds which we already knew, didn't we, and they spun it as new news. then let's look at the past 2 times we heard from jpow, he says the same thing about the fed having various "tools" still at his disposal. it's just more jibber-jabber. instead of weekly covid-19 briefings we're now getting more frequent memos and speechs from jpow.

remember just 1-2 months ago they had "White House Coronavirus Task Force" briefings and now we're hearing from jpowell almost every week, but it's lame because he just says the same shit.

>>19743710
Been late stage bull market for about three years.
Or did they just run quantative tightening for shits and giggles?

>>19743281
You know what is funny is that this original proposal is from 2017.

>>19743775
There's only 1 tool, and it goes Brrrrrrrrrrrrrrrrrrrrr

>>19743748
>t. altright turned liberal

>>19743786
The tightening was mistake though

>>19743740
that's only assuming the virus is real. why didn't japan close? why didn't sweden? those are just two countries. why wasn't there a huge death toll in places with lots of chinks, like sf bay area and san jose, but there was a suspiciously high death and case number in nyc. then nyc miraculously recovers to low numbers in the past month. this all sounds extremely inconsistent and thus fake.

>>19743221
PREACH

>>19743622
fherry bome? Cherry bomb?

https://en.wikipedia.org/wiki/Credit_Acceptance

This would be a good company to buy long-dated puts on if the volume/IV weren't so terrible.

>>19743748
>as irrational as it might seem to you, it's back to business as usual
Would you say that there has been a return to normalcy? Perhaps even the establishment of a new normal that is different from all previous iterations of the market?

im a dead man

>keep buying GAIN
>keep getting gains
It really just feeds itself at this point.

>>19743238
You're not resilient in the slightest. The portfolio you've outlined is problematic.

The theory behind your portfolio is that our unprecedented long equity rally (at least for the US which is ~50% of total markets) continues for or for most of the next 15-20 years. If it doesn't, you're fucked or your returns are negligible.

You either need to seriously diversify (bonds, gold, commodities) or you need to approach your full-equity focus with good performers or leverage. Right now, you're trying to derisk a full-risk portfolio by making it exposed to different types of equities and you're just holding it back.

I think this bar should be a green bar...
with a *bonk*!

>>19743281
>infrastructure bill
never gonna happen, too many hands, not enough pork in the barrel.

>>19743622
who is this semen demon fren

>>19743622
the longer you lurk these markets, the less you'll use such idioms for your decision making

>>19743240
>My entire life is riding on this now. He MUST tank the market.
futures are ripping ass. energy after hours was pretty big today. nigga tomorrow is a green day.

>>19743748
Who... are you people?

>>19743633
>>19743633
Thanks pal. I'm still rather new and am still overwhelmed with the myriad of strategies, stocks, and potentials. I think I'm still mad at myself I didn't grab Boeing at the time and really make a killing. I'll go to sleep and think it over more levelheadedly though, the market will always be there.

Why the fuck are futures through the roof?

>>19743281
>TRUMP WEIGHS $1 TRILLION FOR INFRASTRUCTURE TO SPUR ECONOMY -
https://www.bloomberg.com/news/articles/2020-06-16/trump-team-weighs-1-trillion-for-infrastructure-to-spur-economy

>what can he say to make the markets moon further
he is going to say that they will print more for something else and everything is going to be ok.

>>19743874
Powell created a new ETF out of thin air with nothing but junk bonds from shitty zombie companies and now the Fed is gonna be buying them up

BVLL! BVLL! BVLL! BVLL! SVRGE! BVVVVVVVVVVVVLL!

>>19743748
Sentiment doesn't matter. There was like a whole doom-and-gloom psyops campaign on /smg/ and /wsb/ that Monday was going to be red. Bots try to manipulate public opinion to get more sellers.

A lot of people thought this virus was pure BS, others were more cautious and thought that business would have to suffer for public health's sake. It took these BLM protests to show that public health figures and politicians were full of shit. The market knows it now

>>19743874
now that is twerking

>>19743281

>>19743193
I'm just picturing the retard that actually say there and drew that up

>>19743399
>tfw bought a couple spy calls this afternoon

>>19743874

The jews that secretly own the fed and country found a new way to get their hands on more money

>>19743900
A toast to niggers!

>>19743815
Santander and Ally are prime candidates too you can look into.

>>19743896

there's sentiment outside of /biz/ in case you didn't know

>>19743900
Everyone knows it's bs and that it's pure manipulation. Markets reflect that

>>19743432

if I get dubs I'm gonna drink whiskey tonight
if not, tonight will be the 2nd in a row with no drink

honest thoughts on my portfolio? also holding 100 rtx and 100 unh in robinhood. i was up $6k before last week and should've sold. i think by tomorrow i'll finally break even, i was down $2k a couple days ago.

i have no idea what i'm doing.

>>19743959
If I get dubs you drink yourself retarded

It's not fair
Today was supposed to be red

>>19743951
>After three months of slow but consistent improvement in restaurant dining data in the US and across the globe, in its latest update on "the state of the restaurant industry", OpenTable today reported the biggest drop in seated restaurant diners (from online, phone and walk-in reservations) since the depth of the global shutdown in March.
>https://www.zerohedge.com/economics/us-restaurant-traffic-suddenly-craters-amid-second-wave-fears

>>19743967
I cant tell what your aim was here, some trash stocks that you only buy for dividends. You're not rich enough to care about divies

>>19743968
lame

>>19743975
It was TOO red, you have to know not to get too cocky...

>>19743475
>tfw bought CEQP HLX SSL OIS NBLX TODAY
feels good. on top of that I caught CATM this morning at 23.70

>>19743975
It's all my fault, bobro. I take full responsibility. Here's what happened:
1. a couple weeks ago I started making poasts and threads which mocked the Mnuchin's wife as being a whore for niggers. I pointed out that she spent a "gap year" in africa and even wrote a book about her "life changing experience". I basically called Mnuchin a cuck.
2. he saw it, got his people, his team, to trace my IP address, find out my identity, and then look into what trades I was making in my brokerage account.
3. From there he just kept pumping the market to make me lose money.

How many people with spy puts are an hero now ?

>>19743622
Always be brave.

>>19743740
i agree with all your analysis
its a shame most people here either believe in bull utopia 100 years of sunshine or complete societal collapse. the middleground - a 1 to 3 year bear market - is what'll actually happen

>>19743520
>if DJI went to 18k agin
keep wishing

>>19743991
yeah i started buying some stuff that the dividend guy was shilling. i dont' really have a plan. am i the kind of idiot who should just be buying index funds?

>>19744027
Tis I

Since the Fed buying corporate bonds directly is technically illegal, will congress rip Powell a new one tomorrow and throw the markets into disarray?

Or will they give 0 fucks because it benefits themselves and their corporate butt buddies?

>>19744053
Don’t do it sir we all make mistakes

>>19744027
>>19743895
you fags mock the overconfident bobos who were calling for a red monday last night due to futures, but you're behaving exactly the same. i'm going to laugh so fucking hard if it reverses after market open. holy shit. everyone is too cocky for their own good. just take some positions and relax. there was one anon last night bitching in every thread about how his XOM position was going to lose him money. oh god. turns out XOM was only down at most -2% today and recovered to flat by close. /smg/ is filled with lil twats.

>>19744057
Neither, they'll ask how many black people work for the FOMC and what they're doing to expand diversity

>>19744057
>technically illegal
sez who

Anyone see Paycheck with Ben Affleck?

In the beginning of the movie he makes this holographic monitor like basically the Star Wars style one with Princess Leia. One of company guys so this: "Who said 100% market share wasn't possible?"

That's how I feel now. Like it didn't matter how I struggled before. That this is it. This is how I get, maybe not rich, but a hell of a good nudge in that direction. I started with 20k and I'm at 50k. This should throw me to 75k!

>>19743239
JFC! What the shit did you do?

>>19744049
dividend bro is autistic and no one here respects his positions, I dont hate all your positions its just a blah portfolio totally devoid of any possibility of measurable growth

Going to make so much money tomorrow

>>19743967
This is dividend trap and covered calls the portfolio. If that was your intention, you did it.

Same thing as I said here to this guy >>19743833. You're incredibly vulnerable if things go wrong and if things go right you're underperforming. You can own dividend stocks and write options on them without it being your entire portfolio.

How do I transition from trading index funds to actual stocks? My broker is Interactive Brokers.

are there penny stocks that moon in a normal market too, or just in a meme market like this one?

>>19744073

it might be somewhere in the federal reserve act idk tho

>>19744085
This all feels like a giant bull trap, but a trap with federal support behind it!

>>19744094
It takes decades of experience to get good trading stocks. Just don't risk more than 10% of your stack on speculative investments.

>>19744070
t. Seething bobo

Would love to see a 6% gain on the market tomorrow and just completely wipe out all the losses from last week. Especially since I added even more to my position on Friday.

>>19744133
how could you be dumb enough to be a bear in a federally funded bull market

ever since I joined /smg/ my loli doujin consumption has increased tenfold

>>19744027
I bought 306 puts at the close knowing it was probably going to 3100ish and expecting a retrace to 3000-2960 by open. I hate PDT. You have to leave so many points on the table and instead guess a day ahead of where the market will be.

>>19743169
I cant get this thotty's wildly gyrating hips out of my mind. (Stupid sexy Flanders) God, I bet you she's a dynamite lay.

>>19744070

>>19744057

I thought it was written into the cares act that they could do exactly this, and now they’re about to do it. I know /pol/ was crying foul about something along those lines at the time

>>19743888
>https://www.bloomberg.com/news/articles/2020-06-16/trump-team-weighs-1-trillion-for-infrastructure-to-spur-economy

ALL IN NAIL

>>19743415
I need WKHS answers as well. They sold the IP for their EV pickup to Lordstown Motors for 1% stake in sales and equity. UPS workers have reported not receiving a truck from workhorse or failed trucks over the years. Trumps tweet was in regards to Lordstown Motors purchasing the GE plant which was founded by the former CEO of Workhorse.

>>19744089
what should someone do if they only have like 2k to invest with right now? And about 500 a month to keep throwing in?

>>19744156
UHHHH HELLO
BASED DEPARTMENT

>futures red
>it's a fakeout, green day

>futures green
>...green day

I hope they push this fake pump back up to spy 3200 so we can have an even steeper crash. I feel like we'll see a reversal tomorrow of tonight's futures.

>>19744187

What should I counterbalance TQQQ with? I fear that TMF can't realistically be used anymore, while it has performed marvelously over the last decade, this performance has in no small part been due to the tailwind of declining long term interest rates. An anon suggested TVIX, but the decay over a year+ time scale is simply untenable. Gold neither has a negative correlation with the market nor has leveraged funds that return something approximating x the returns of the underlying in-the-limit. I am at a loss, /smg/ lend me your wisdom

>>19744185
all in on 1dte spy calls tomorrow at open
4x your money or lose it all
i bet you don't even smoke crack, coward

>>19744187

There’ll likely be a dip from heavy profit taking but itll finish green

>>19744196
TQQQ will not exist in a few years. You haven't even looked at their financials, have you anon. You're fucked.

>>19744191

back to the cuck cave bobo, this is bullgang territory

>Buy stocks yesterday
>Write my usual covered calls
>Fed starts buying corporate bonds
>All calls will be deep ITM tomorrow
Fucking hell. Soon we will go full Japan

>>19744071
Kek based

>>19744073
The Fed can't buy assets directly, which is why SPV's were created in the first round of stimulus. The Treasury owns all the assets in the created SPVs and is responsible for them in a first loss basis, but the Fed finances them as a loan to the Treasury. AFAIK Congress has to okay the Fed lending for the creation of these SPVs since they require additional funding that gets added to the national debt.

>>19744089
>>19744083
thanks guys this really helps. any thoughts on NOK? i know 5g is going to be a big part of trumps infrastructure plan and figure huawei won't get the contract.

>>19744214
Fight me bitch

>>19744219
What did you buy for covered calls? also deep itm is ok, profit is good and you limited downside risk

>>19744219
why write calls in this market ?

>>19744233
Ahhhh! It’s Lain!

>>19744186
>>19744156
superb

>>19743223
>The clowns in Congress will use this as a political stunt to fearmonger and dump the markets since they don't want Trump re-elected.
atrocious
No one cares, Biden and Trump are in the pockets of the same people more or less. But congress is so incompetent and disagreeable (or wants to maintain that appearance) that the bill will never happen on a large scale like we hope (according to cramer from months ago, and I think he actually does have a good handle on washington)

>>19743468
KR is a stay-at-home play, it get's a boost in the risk off mood of "second spike" type virus fears.

>>19744206
Do explain for me and my fellow tards.

>>19744156
Based and animepilled
>>19744094
Just buy stocks lmao
I mean stuff like MSFT is in itself a Tech ETF. BRK is a no-tech ETF. GOOG is an internet ETF.
AMZN is so diversified you might as well just call it an economy-ETF.

>>19744027
Not me, because I also bought SPY calls.

>oil dumping again
:(

>>19744133
Ok so what do I put 90% of my stack in?

>>19744262
I've thought about this, buy both and sell either when profitable

>>19744262
>pic
I think that's how that one dude from reddit single-handedly got robinhood to ban box spreads.

>>19744198
What is this

anons where can i watch the most recent mad money

>>19744298
Why would you watch (Cramer)

>>19744027
Reddit has a bunch of niggers committing sudoku tonight

I need airlines to go to the moon tomorrow. I’ve got a new pc that’s 4,500 bucks I wanna buy.

What do i do bros? I'm retarded and got lucky on the March dip. Should i be swinging, take profits, or just LTH? I'm up 75% btw

I don't understand what happened yesterday. I sold everything on Friday and it should have crashed. What Jerome is doing should be terrifying the market, not helping it. The FED is admitting that the CLO market is essentially junk money that will NEVER be paid back, and that American taxpayers need to buy this worthless debt from the market otherwise the entire economy will crash. The FED is admitting that huge, huge public companies are close to collapse, and they're trying to soften the resulting collapse by taking away some of the dominos. They're going to impoverish the poor via inflation just so green line can go up.

Why are people not furious about this? It seems worse than the 2008 bailouts.

>>19744265
consolidation. danger of triple top formation though.

>>19744298
https://www.youtube.com/watch?v=oWuyrlXI7nA
Here's the link to the most recent episode

>>19744235
One V, and some TSMC.
Also TSMC has divvy day soon
>also deep itm is ok, profit is good and you limited downside risk
Im just complaining about missed out profits like a fag

>>19744237
Because an ATM V call yesterday was 2.5
We are crabbing and kangarooing (?) around so Im actually making bank. Vola is high and writing options is essentially printing money right now.

My prediction for tomorrow
>big fucking green day
>then Powell will tatdtalk to Congress and everything tanks
>everyone from here to stocktwits will become Pic related

>>19744298
Do you need to watch it, or just listen?
The podcast contains the full show and you can easily skip past the segments you don't care about.

If you want to WATCH it with your eyes, you can use a cable provider to watch in on cnbc on demannd or somethinng.

>>19744316
based.

>>19744309
>dummytard
he's got good info if you know what to disregard

>>19744318
>buying things that aren't stocks and have depreciating value
ngmi

>>19744323
Haha green line go up
Brrr

Rambo Bullrun edition

>>19744335
open at +1.5%, then end day at -0.75%
retail sales will be shit
look at how COST traded today. and they were the golden boy during covid.

>>19744329
I bought based TSMC last week like an idiot, before this week's prime dip.

Oh well, I'll hodl, it's a winner.

>>19744079
Good on you m8

I myself aren’t retiring at 20, but I’ve made a pretty penny quietly trading. No I haven’t turned 3k into 130 k in 3 months, but it works for me

A lot of REITs are priced like we just went through a real estate crash (2008 levels) but the actual numbers will likely not be as devastating because businesses are still staying afloat indefinitely with government subsidies. Interest rates are much lower compared to 2008 so it's even easier for these REITs to stay ahead of their debt. I think people also overreacted in thinking that office real estate will be obsolete.
Pic related is still giving out full dividends too.

what am I forgetting to consider?

>>19744323
Hey man my dad made like 7,000 grand today form this.

>>19744323
>Applying sense
>2020
The stock market is a boomer scam to save the retirement and system for another 10 years.
Just go along with it. The attention span of a politician is 4 years but the bigger guys wont let the system collapse right now.

>>19744363
low retail sales is expected. all that needs to happen is the actual be less negative than the forecast and thats bullish as fuck

>>19744309
for the entertainment. i dont make my decisions off of it

>>19744326
AAAAAAH IT'S FUCKING OVER

>>19744392
This, ((((analysts)))) give lowball estimates so when shitty numbers come out it's a "huge beat"

>>19744392
Kek. Can't justify spy 3100 with "well... they're horrible, but not as bad as the worst prediction". Maybe spy 2800, but certainly not anything above that.

>>19744347
thats cool ty. although i do enjoy watching

>>19744323
Trust me. I’m pretty fucking furious. But there are nothing but shills and degenerates on 4chan, so don’t expect to get a normal reaction from anyone here.

>>19744366
You know Moores second law?
"Every four years the cost for a semiconductor fab doubles."

TSMC, Samsung, Intel, Amat and the four/five other guys are the giants of the future.
>>19744079
Just stick to your strategy and dont be greedy. And never invest in something you do not see yourself owning in 10 years.

Thats what I found to be the way to gains.

>>19743191
Well I mean it's volatile?

>>19744323
>sold everything

Why ?

>>19744392
true. same as jobs report. still a potential catalyst. remember...THEY want to drop the market to make trump look bad. i had a feeling about that around start of this year but got distracted by other shit and didn't make any moves. probably still would've gotten rekt by shorting too early since the big drop didn't happen until 3rd week of feb.

>>19744185
The size won't make a difference.

>>19744196
TVIX is probably the only passive option. Leveraged commodity funds are terrible and don't do the job, and anything non-leveraged would make you have to do 20/80 or something which cuts into the performance too much.
But in reality if bond bullrun is over, the equity bullrun will likely be too (if the 10 year yield went to 3% right now what would happen?). At that point the whole TQQQ/X is out the window.

>>19744442
>>19744323
You guys should try reddit. You’d fit right in.

>>19744363
>look at how COST traded today. and they were the golden boy during covid.
Sell the open, buy the close, Got it!

I'm not sure of their golden boy status, people believe the mask requirement will deter shoppers because 'muh freedumbs are prime, your freedums are not my responsibility" shit. And they think the stockpiling seen at the beginning of COVID was short lived and mostly just brought a lot of shopping forward.

>>19744418
>it's the analysts lowballing, not the companies fudging the numbers
nope
Because free money cheat, now we don't get to find out whose accounting was bunko.

>>19744446
Also got some AMAT, but have 0 faith in Intel.
You understand that Nokia is bringing on Broadcom for 5G because Intel couldn't handle the contract?

(Sidebar: Moore's law is basically a marketing campaign though, there are limits of what enginneering can accomplish without massive advances in physical understanding.)

I like money

>>19744498
I get money

>>19744446
AMAT SUN leading me to early retirement

>>19744498
Put all your money on SPY and watch it soar

>>19744468
4chan has better anime porn.

>>19744323
Cope

>>19744523
4chan doesn’t have a dedicated Beastars board. The best anime of the current year.

>>19744505
https://www.youtube.com/watch?v=GO22Z0T3qPE

>>19744487
We are only now hitting the limits of law 1 desu.
Until we develop new ways to process ("quantum computing") or find a way to enhance or replace silicon with a good alternative.

>Intel
I dont own it really because I dislike the company. But I can see them catching up again. They are a giant after all and that office computer will still be bought with a pentium.

They are certainly not a bad investment for the future, but maybe not the best right now.

>>19744447
And? So long as it stays above 0 (even by a fraction of a dollar) you're going to be getting extremely better returns overall. You can control for volatility by adding some TMF in there and still achieve nearly as good returns while keeping volatility close to what you'd get on boomer grampa-tier SPY version 1 + SPY version 2. As a bonus you can control more exactly for your risk level by swapping between more TQQQ-heavy and more TMF-heavy (for example) depending on current acceptable risk level. 50% TMF is about 2x SPY stdev. Max drawdown is 25% vs SPY's 20% for the same period of 2012-2020, and drawdown is a much better risk metric than "volatility" or stdev (which is not directional).

>>19743062
This kangroo market really is something else goys

Anyone else gonna try to gamble on their earnings report tomorrow?

>>19744530
When Powell speaks you mumus will be shitting blood.

>>19744523
it has better everything
(you just have deal with /pol/ schizos)
>>19744535
is it REALLY? Or are you just a furry fetishist?

>>19743601
what app is that?

Tomorrow, Jerome will step out in a purple suit and cornrows. He'll snap his fingers and this song will play: https://www.youtube.com/watch?v=45_vgTv7_xE

>>19744581
Chegg

>>19743622

>>19744581
RobinPood

GREEN DAY TODAY

>>19744589
I don’t think things are gonna end well for this guy if the market ranks. Call it a hunch.

>>19744455
It actually makes sense that it's two factions of jews fighting it out. Trump obviously has Jewish cock in his ass, but he also makes kikes seethe. Idk who's jewing who anymore

>>19744604
for me or for Jerome? he's untouchable. can't be fired. like a tenured professor. in his defense it's not just him, it's the whole Fed Reserve and "whoever" owns them.

>>19743622
Repulsive. Negative tits. Not even her armpits are cute.

>>19744498
>Earn $2000 in a single day
>Still spend 15 minutes comparing delivery pizzas for best price ratio
Last thing I splurged on were flowers for my grandmother.
Shes 92 and was really happy
>>19744573
Im still suprised the actually fugged

>>19744556

>>19744617
Tenure is dead in the USA. It doesn't protect shit. Say you don't think some #metoo'd proven innocent person should be murdered by a mob and you can kiss your tenured position goodbye, doesn't even matter that you're a world-renown icon of your field.

>>19744599
thanks.. didnt know since im canadashit

>>19744573
Don't listen to him, it was fine, not amazing or anything. Real AOTY so far is ID: Invaded. Plus Beastars was last year anyway, not this year.

If you are a coomer watch Ishuzoku Reviewers

If you want something /biz/ oriented watch Eizouken

If you're from Reddit you don't need advice because you're already watching Kaguya-sama

>>19744556
>+0.69%

>>19744601
>he counts his green days before they hatch
>he doesn't even poast a video for us to listen to the music referenced
cringe

newt newt
>>19744683
>>19744683
>>19744683

>>19744556
kek

>>19744615
same. it's hard to say. in certain photos, trump looks jewish. some of his kids look a little heeb too. his father Fred was a big supporter of israel, it says it right in his wiki
https://en.wikipedia.org/wiki/Fred_Trump

we're seeing some very complex shit play out and only those on the inside know more details. notice how the news cycle is shifting a lot faster now.

>>19744641
Bears could learn a thing or two watching ID:I

Broke ass bears, come on in!

10k into ASX:QAN

You fucking cunts better pump tomorrow or I'll be MAD

>>19743671
YCC, direct purchase of equities, open season on bears.