/biz/ - Business & Finance

First

Nothing disastrous so far

maxine waters looks like a living cartoon of a NIGGER

>>19774107
FOR CUNNY

>>19774107
fuck you

>>19774090
nth for fuck niggers and fuck jannies

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

Hello /biz/

Buy up ZOM and BYFC

These two are going to blow up for no reason by the eow

Thank me later

-Jew Insider

>>19774132
t. moron from the other thread with a dividend portfolio with around a 3% yield

What's the take on AMD? Overbought or worth it?

>market is green but I'm still blood red

I'm outta here, today is boring. Later losers!

>>19774132
Shill me some good dividend shit fren.

Press F to pay respects

Probably some retards here that got stuck with GNUS bags. Hope you didn't "average down" which is the worst possible strategy.

>>19774157
no way you go 700k in debt by accident
that was a suicide play

>>19774152
let me guess oil and airline right?

>>19774132
why would I care about dividends while I still have a job?
attain as much wealth as possible, THEN make it generate dividends.

>>19774157
Do these dumb faggots not understand you can just declare bankruptcy and lol @ Robinhood for being dumb enough to extend your retarded ass credit?

buy NRGU that is all

>>19774157
he coulda just started a rap game from the grave

>>19774157
Is the powell speech on ? link pls

BIG CRAB ENERGY

When is the oil recovery bros
Where's the war with India and China
My XOM holds needs pumping

COMING CATACLYSM

>>19774157
rest in peace young rockstar
he just wanted to make it...........

>>19774176
yeah and tech

>>19774157
ive seen this a couple of times, how the fuck did that happen? can someone give me rundown?

Guys, I'm thinking of getting the motley fool subscription, should I go for it or is it just a scam?

it appears markets don't care about poo vs pooh ww3 poohgaloo

>>19774157
The note found on his computer by his parents on June 12th asked a simple question. “How was a 20 year old with no income able to get assigned almost a million dollars worth of leverage?” The tragic message was written by Alexander E. Kearns, a 20-year-old student at University of Nebraska, home from college and living with his parents in Naperville, Illinois. Earlier that day, Kearns was struck by an oncoming train.

Like so many others, Kearns took up stock investing during the pandemic, signing up with Millennial-focused brokerage firm Robinhood.

As the Covid-19 stock market swung wildly, Kearns had begun experimenting trading options. His final note, filled with anger toward Robinhood, says that he had “no clue” what he was doing.

In fact a screenshot from Kearn’s mobile phone reveals that while his account had a negative $730,165 cash balance displayed in red, it may not have represented uncollateralized indebtedness at all, but rather his temporary balance until the stocks underlying his assigned options actually settled to his account.

>>19774157
How do people actually do this? I don't understand.

>>19774178
>>19774157
Dude was gonna kill himself anyway and decided to YOLO one last time.

why does this faggot have the peurto rican flag in his office?

>>19774157
He would have just had to spend $2k on 700k RSR and hold for 2 years and he could have paid it off.

WFC bros where you at? Too big to fail

>>19774152
tell me about it

>>19774178
Is it really that simple? You've sparked my interest.

What prohibits one from going all-in and just declaring bankrupty if it doesn't work out?

>>19774175
>>19774157
To all the guys replying: apparently it is some sort of bug in RH, which could display weird negative numbers when you had options during the weekends. Some article explained it but I can't remember the details.

The guy wasn't even 700k in debt holy shit.

Alright guys I have $1500 to spend, what’s an overvalued meme stock I should buy a put on?

>>19774220

>>19774227
Absolutely nothing at all. If you don't have any assets like a house or a car they can't do shit about it friend

>>19774204
>>19774175
>>19774223

>Kearns apparently fell into despair late Thursday night after looking at his Robinhood account, which appeared to have $16,000 in it but also showed a cash balance of negative $730,165.

>In his final note, Kearns insisted that he never authorized margin trading and was shocked to find his small account could rack up such an apparent loss.

>“When he saw that $730,000 number as a negative, he thought that he had blown up his entire future,” says Brewster. “I mean this is a kid that when he was younger was so conscious about savings.”

criticize this plz, need counter point.

Why do some options have to trade in increments of $0.05 and others don't?

Who's holding XOM?

>>19774154
MO and OXY

>>19774227
years of misery as all your finances are fucked, enjoy not having a bank account in the 21st century

>>19774244
THIS IS WHY YOU DON'T WRITE PUTS

>>19774225
gnus?

>>19774234
ZM is the king of over valued meme stocks

>>19774234
wendies options

>>19774249

i got a small size of 40 shares not willing to pick up any more today incase tomorrow looks shitty

What do I throw $300 into right now

>>19774229
I figured it was something like this. Robinhood doesn't allow the sort of options in which you can lose more than your initial premium, like naked puts and such things. Kid just needed to relax

>>19774207
Right now the only things the market cares about is if the printer is on and is it printing. There could be nuclear war and as long as there is still residual energy in the grid to keep the printers running the market can moon.

>>19774107
Congratulations!

well, it was fun while it lasted...

>>19774229
saw this too

wasnt a real debt, just a bad UI

even if it was real thats what bankruptcy is for

>>19774180
Made money day trading oil.
It’s comfy.

>>19774148
i made $21K in passive income last year. How much new capital did you invest total? My guess is less than that.

>>19774154
Top 12: AAPL, ITW, JNJ, JPM, KO, LOW, MCD, MSFT, O, PG, SBUX, V

>>19774234
Get exactly one GOOGL stock

>>19774255
That's why bankrupcy exists* retard.

>>19774245
TA beyond 2 EMA windows of various periods is absolute trash

>>19774274
i was joking, i know we don't have "markets" anymore.

>>19774157
Just another covid death
Also, with that face he probably posted here

>>19774271
>>19774154
XOM

>>19774244
If you honestly thought you fucked up your future because of this, why would you kill yourself? I would flee to some tropical island and open a dive shop or go be a bartender.

>>19774157
Oh no, we lost another white supremacist!

>>19774209
Kek. What a dummy.

>>19774264
OTM January puts, top one was up 236% on Friday. Down 10% YTD if you count current unrealized losses.

>>19774209
why are most University students like this? i spoken to so many before and they cant fucking take 1 hour of their day to learn how the fuck anything works? like they cant fix the simplest shit in a car yet they have the web to search the answer but refuse to do it.

>>19774288
>no MO
Not going to make it, retard.

>>19774229
>r*binhood claims another life
they need to be stopped

CNBC says we are all going to die for the 15th time this month.

>>19774303
Why

>>19774180
Investment banks will cease to exist in 5 years. Hedge and index funds are literally eating everything that was their bread and butter

>>19774288
>AAPL for dividends
You're trolling at this point.

>>19774157

God damn is this guy doing zoom conference with the fed chair JP from the shower, or did he fill his office with marijuanna smoke?

>NOOOOOO I DON'T WANT TO BE BAKED INTO A LOAF OF BREAD

>>19774313
I own MO, its just not in my top 12 dividend stocks in terms of quality

Whatcha think. Sell soxl today or hold try to get 195-200 out of it. Trying to swing got in the other day 176

mans is in silent hill wtf

>oil (again)

GOOD LORD AM I BORED
WHERE THE HOES AT

>>19774209
That sounds like he was trading low liquidity options. He probably wrote them rather than buying to. At the end of the day the balance shows the last price rather than the value with implied volatility

>>19774343
I'm watching the 200 level.

>>19774304
How would becoming a bartender help??

>>19774331
>>19774337
>>19774350

kek wtf

wheres dividend fren?

>>19774318
we're not ALL gonna die, just 0.06% of us

who TSM here?
how confident you guys in getting more gains after it's almost back at its ATH again?

I bought in with a 3 year outlook since it is still growing rapidly, but I'm worried in the case that I might have to liquidate the stock after just 1 year.

>>19774324
>he chases yield instead of dividend growth

sorry m8, my dividend will outlast and outgrow yours

>>19774311
Because all their authoritative figures are doormats nowadays. Parents are either absent or pushovers and teachers are afraid to fail students even when they're retards.

These people grow up coasting on life getting coddled by everyone around them. This breeds lazy, weak, and easily manipulated sheep.

>>19774331
lmfao ahahahahaha

>>19774385
Bonds would outperform all of your dividend stocks anyway.

>tfw tried to buy KOS
>shitty broker auto filled to KOSS and I didn’t notice
>now stuck with 500 shares of a literal who company

What do I do

>>19774337
being bread isn't that bad.

>>19774229
>apparently it is some sort of bug
oof. imagine you left your parents grieving because of a computer bug that you couldn't wait through the weekend for it to fix itself...

Well, he was unfortunate looking, the world wasn't kind to him, I'm sure.

>>19774379
sell MGM and invest it a better company if you're looking for dividends. JNJ hiked their dividend 6% in the middle of the pandemic

>>19774254
My mother lived like this for 50 years after my father fucked up our finances for good. It wasn't a fun life I'll tell you that.

The government made her do payments on it every month for those 50 years.

I saw someone in the last thread bashing the so called “wells Fargo call anon”

THREE quick points
1. I recommended taking a position in Wells Fargo when it was at 23 dollars a share, about a month ago, and it has gone up CONSIDERABLY since then.
2. I never said calls, I literally just said buy wells. I explicitly said it was a long term bet.
3. Eat shit for lying faggot or being retarded

>>19774364
I like. That's what I'm hoping too

>>19774395
sell it back immediately ya dummy

>>19774317
Robinhoodies
Lives
Matters

>>19774395
hold. koss is actually a good cheap audio company. For more information look at /g/ and /mu/.

>>19774398
I didn't even know they paid one desu - they're part of my corona meme collection.... and like everything else in it are doing terribly the last week

>>19774403
Wells Fargo is both mismanaged and behind the rest of the sector in terms of forward direction and revenue streams.
Why would you long hold the retard of the group?

>>19774379
Takagi?

>>19774407
The best thing about leveraged ETFs right now is the pump/dump schedules are more pronounced.

hey Guys I just wanna remind everyone that ANDYS WIFE KILLED HERSELF TO GET AWAY FROM HIM

>>19774157
He was trading put credit spreads. From the article:

>Here’s an example of how a bull put spread could produce an unexpectedly large stock position in your portfolio. On June 16, Amazon (AMZN) trades at $2,615 per share. If you’re neutral to bullish on Amazon, you could sell put options that expire on July 17 with a $2,615 strike price for $28 per option. To limit your risk, the other leg of the trade is to purchase puts at a lower strike price, $2,610, for a cost of $26. That two-dollar differential (multiplied by 100) generates $200 for every contract you sell. Do three contracts and you generate $600. If Amazon closes on July 17 above $2615, you’re in the clear and keep all of the proceeds, as both puts expire worthless. If the stock closes below $2610, you will encounter your maximum loss of $900: $5.00 (difference between strike prices) minus $2.00 (proceeds earned up front) times three contracts.

>When the stock closes between the two strike prices, the put you bought at the lower strike price expires worthless, but the one you sold is in the money and legally binds you to buy the stock at the strike price. In the case of three contracts of $2,615 Amazon puts, that would be $784,500 to purchase 300 shares. Over a weekend say, you may see a -$784,500 debit to buy the stock, but you would not see the stock among your holdings until Monday.

>Kearns may not have realized that his negative cash balance displaying on his Robinhood homescreen was only temporary and would be corrected once the underlying stock was credited to his account.

>>19774431
Because their assets under management is absolutely massive compared to their market cap. And for a bank assets under management is basically the only thing that matters.

>>19774394
u wot m8?

>>19774146
Fucking Jew I'll buy 1000 shares of you penny stocks scam

>>19774395
Shill it on /psg/

>>19774441
No 39 year old is found dead at home unless it's murder, drugs or suicide.

>>19774229
Holy shit,

>>19774454
He's made me 9 cents so far. Seems legit.

>>19774398

>>19774427
reopening trade is still somewhat hot...

BUT THEY KEEP SELLING DENNY'S
STOP SELLING REEEEEE!!!!

Also, JNJ and MRK and the like are probably conidered the "bond proxy" stocks. Morgan Stanley's head equities guy says those are not where you want to be, because he is all in on V-recovery with this much stimulus on the table.

I really fucking like JNJ and MRK though...

>>19774229
>stupid dead zoomer
whogivesafuck

So mates, I got a small question I'm not entirely sure about after doing my own research already. Just need some clarification about cash accounts.

I can daytrade as much as I want with a cash account as long as I make sure I only make trades using settled funds right?

For example, I have $5000. I buy 100 shares of $ABC which costed me $1000. Then later in the same day I sell $ABC and profited $1000. My account total is now $6000, but the $2000 from $ABC will be unsettled, but I can continue day trading with the other $4k. Is that right?

>>19774467
what are the chances that kid was here

>>19774394
I don't like bonds in what will potentially be an inflationary environment.

>>19774437
Seriously. Left NAIL after 15% and it lined up perfectly with a dip in SOXL. But am poor fag sooooo can't get as many shares of soxl as nail

>>19774442
>once the underlying stock was credited to his account

Wouldn't he still be obligated to pay for the purchase of 300 shares, in this example? Those shares don't just materialize out of thin air, and we can assume they aren't covered.

>>19774288
Your words don't mean anything

Dividends are only good if you are already rich

>>19774494
that's what I was thinking to

>set limit order
>It immediately starts pumping
WHAT THE FUCK

>>19774305
kys niggerino

>>19774482
wait why is that exactly?

how about TIPS?

Why does Jerome have cat lady glasses>?

just die ENPH

GOD DAMN IT I ONLY HAVE FUCKING 40 MINUTES LEFT ON MY SPY PUTS!!! PUT AOC ON FOR 5 FUCKING MINUTES ALREADY

>>19774319
Safest long bet, unless you wanna gamble your money, then pick something else

>>19774500
>Dividends are only good if the stock that pays them is good
ftfy

>>19774520
a lot of insider selling yesterday

>>19774478
In America, by law, you need 25K portfolio value at the start of the day to day trade.

>>19774453
No, U WOT M8?

>>19774530
I thought that only applied to margin accounts?

>>19774524
>couldn't pay their divvy
CVX for top quality

>>19774243
If I do eventually fix my shit up and start gaining some money, will I have to pay back?

>>19774478
>I can daytrade as much as I want with a cash account as long as I make sure I only make trades using settled funds right
ANON

>>19774530
>>19774543
I've confirmed. The PDT(25k min) only applies to margin accounts.

Any WLL chads here today ?

>>19774543
I'm pretty sure you are right. Cash accounts can. But you have to use settled funds so it's hard if you're poor fag either way

I wonder how long the millenials who shoved all their money into robinhood can stomach these spooky scary days before the mass exodus.

>>19774565
yes

>>19774548
tfw you can't have a second wave if you never finish the first

>>19774548
reading pretty much any news outlet for actual information is an exercise in futility

>>19774563
Man I don't fucking know why are you asking me I've been holding TVIX for like a week I'm completely retarded

>>19774565
Yes?

>>19774521
what strike

Today is so fucking boring.
>>19774521
??? You have 1 hour and 40 minutes left, and AOC is not appearing

>>19774157
sleep tight zoomer

>>19774570
nope

>>19774577
didnt most of them leave last week? that 15% red week was mostly sale offs from robinhood.

>>19774596
$313 picked them up this morning for like $1.40 a piece but it's looking bad.

>>19774234
ZM, TSLA, AMD, BA
But they all have retard strength protection from index ETFs

>>19774577
I am a millennial who deposited a lot of money into robinhood in march. I stomach it because ive made 65 percent returns on my 80k dollar investment and these spoopy days dont even touch that. Also 80k isnt even a fraction of my savings

>>19774441
cute

Why the fuck is $CARR dumping?

I got marked as a pattern day trader and I've lost so much money in the past three days my account is now under 25k. How fucked am I?

>>19774577
So far up 45% and had two spooky stretches. Also stuck to my hundred dollars a week into my account plan. You faggots are stuck with me now

>>19774494
In the put spread you sell a put and buy a put for the collateral. So if the stock goes down and the put you sold gets executed, the put you bought would also get executed. The max loss is the difference between strike prices.

>>19774613
why not just play with the 50k

>>19774618
Depends on how good you are at learning how to do things like a non-retard.

What's scheduled for the moon guys?

>>19774618
They're going to get you.

>>19774505
If inflation is high and interest rates are low, gold and equities will outperform bonds. Deflation can not occur because it would destroy the economy given our debt obligations - the Fed would simply be more aggressive and print more. Interest rates can not rise - without easy money corporations and markets would collapse and destroy the economy. Bonds were great for the past 40 years, but no longer.

TIPS are adjusted based on CPI if I recall, which underestimates actual inflation.

>>19774577
Aren’t millennials all grown up? I think I qualify as one and I make $90k a year and have a mortgage.

>>19774618
You're going to BUFU prison. Be sure to smuggle in some lube.

>>19774370
I want 3.

>>19774618
https://www.youtube.com/watch?v=WChTqYlDjtI

Who else is all in on options every day for the last few years but hasnt gone broke or made it yet?

>>19774607
oof that's a pretty high premium for such a close expiry.

>>19774602
Actually yes

>>19774625
Wait wasn't there some dude in here freaking out last week about options? I am vaguely remembering...

Not a larp. Anybody else remembering that?

Is the stream even worth watching anymore? Feels like crab day

>>19774664
SPY was much lower this morning.

>>19774625
>The max loss is the difference between strike prices.

I'll ask again. If the put you bought expires worthless, and the put you wrote is ITM, you're obligated to pay for and supply 100 shares of the underlying to the owner of the contract, yes? So you need enough money to purchase 100 shares of the underlying x however money puts you wrote. So whichever way you spin it, in that example, the user still owes over 700K.

>>19774146
k I'll throw some fun money at it. What is this?

When will that piece of shit HTZ resume bros?

>>19774675
I've got it running just in case but it's been pretty much nothing since the beginning with the BLM nonsense and I am sure waters will end on that note as well.

>>19774667
actually no

>>19774671
oooooh nooo....

>>19774543
Mong here.
Robin hood's account statement lists my account/portfolio as margin. Is this something I should be concerned? I don't trade options, don't have time to do proper research on how to do it properly, but that listing as margin as opposed to cash I find it confusing.

>>19774686
um
you may want to contact mr. portnoy to see if you can get reimbursed

>>19774254
I have double citizenship and most of my family resides in the EU. Getting a bank account there is no big deal.

This has really sparked my interest kek.

>>19774657
I started options a few weeks ago. Definitely more exhilarating

>>19774643
>Deflation can not occur because it would destroy the economy given our debt obligations - the Fed would simply be more aggressive and print more.
I don't see any guarantee of that.
the counter example that comes to mind is japan

Where did Korean girl poster go?

Mall of America just missed ANOTHER payment on their $1.4 billion mortgage. They are now more than 60 days delinquent... Similar stories with commercial real estate everywhere...

The real crash hasn't even begun

is there a discord for /biz/ stonk heads
or is everybody just in the wallstreetbets one

Powell is talking to the senate tomorrow again right?

>>19774704
I have puts, if you couldn't tell from pic related

>>19774679
been seeing the same pattern for past few weeks now, open green, dip into red, then pomp starts mid-day around 11:45am all the way into close. dontcha know not to bet against the PPT. jerome probably instructed them to be extra aggressive with buys to off-set any downward moves from these hearings. basically he wanted to avoid what happened last time.

>>19774707
Your account looks exactly like mine except I stopped being retarded and got away from options.

>there will be losses
JEROME. NO.

>>19774716
hola amigo
im probably gonna go get a hair cut

today is boring for stonks

>>19774716
Someone, im not naming any names, might have reported him for posting with an avatar. It wasnt me

>>19774581
Wasn't Fauchi quoted as pushing for the reopening of the country as covid had pretty much been dealt with? https://www.cnbc.com/2020/05/22/dr-anthony-fauci-says-staying-closed-for-too-long-could-cause-irreparable-damage.html

>>19774719
Nothing to worry about, fed will pay the mortgages

Jpow just admitted the CLOs the feds are buying are worthless LMAO

>>19774700
They gave you margin privilege right off the bat i guess? On Ameritrade I had to apply for it

>>19774683
You buy below the one you sell so that's not possible.

>>19774747
eli5

>>19774736
Just yolo some earnings calls like Kroger, today won’t be boring anymore

>>19774755
Go back to r*ddit nigger

>>19774743
>MEDIAN ESTIMATE: 0 INTEREST RATES UNTIL 2022
AAAAAAAAAAAAAAAAAAAAAA JEEERRROOOOMEEEEEEE. STOP SAYING IT'S A RECESSION.

>>19774739
he's generally much more cautious with his words than headlines indicate. Talks about possibilities and probabilities.

>>19774645
Yeah we are, but plenty aren't as well off as you.
t. '87

>>19774774
>possibilities and probabilities
normies never ever get this. kek

Jerome's making congress so much money.

>>19774762

>>19774750

Even if you are buying below, it can still cost a significant amount to buy 100 shares of the underlying. The forbes article casually refers to the shares being "credited to his account", but like I said, those shares don't just materialize. You need the spending power to purchase them, and if you don't have that spending power, you are fucked. People are talking about this like it's a "UI bug". It's not. That money is still owed.

Dot nearing red.
Time to buy.

>>19774454
Shit I lost 5$

>>19774712
It might be possible, but Japanese citizens weren't heavily indebted and are net savers. Deflation when the average american has outstanding car, house, credit card, and auto debt to the levels we do is unsustainable.

If not the whole economy, the real economy would be in shambles.

>>19774790
You would still only owe the difference.

>>19774719
so does US not get subsidies for commercial shit?
Canada has been giving rent and wage subsidies to businesses since April or something. Feds have also shown the attitutde of being open to extending subsidies for longer since economy hasn't been allowed to reopen completely yet. We just had our CERB (corona neetbux) extended for another 8 weeks on top of the 16 weeks maximum people were going to get

>>19774473
I lost 5$ fu7uuuuuckkk selling

jerome will end the conference by mentioning, you guessed it.........african americans. dump commences in the final 30 mins. hold on to your puts. selling for a loss is pointless now.

>>19774657
I got a loan worth several times my networth and bought put 50-70% of it into options + another 15% into QQQ

I did this two months ago and I'm up around 25%
When calculated against my networth I am up 70% or so

Well fuck I’d rather it of crashed and been exciting and have cheapies to buy than this boring sideways shit fuck this

>>19774764
I work in finance, this is absolutely terrible actually, we make all our money off of net interest income. Time to go back to college for a masters and find a new field

Why DENN, why? I had faith in you.

>>19774755
See >>19774762

>>19774829
patience...tomorrow.

>>19774205
Why get the mere fool when you can get the absolutely top tier, grade A complete fucking morons of /biz/?

>>19774849
Anon don't tell me more lies :(
I've heard "tomorrow" since Monday

>>19774859
lold

>>19774790
You get the shares from the person you bought the put from. When you execute the put you bought, you sell those shares at the strike price. He looked at the value of the account in the middle of these options being executed.

>>19774833
isn't it really good for REITs though

>>19774205

Everything that costs you money is a scam of some sort.

>>19774849
We've had too many red days now. Green days are coming.

why is TVIX and VIX up with the market being so high??? Are people preparing for a crash?

tomorrow will be green, right?
no more crab or bobo?
potential vaccine news in Afterhours?
robin hood pump tomorrow morning?
pls

>>19774774
I wasn't talking about fauchi, but rather the media. If you read the article, they both quote him as saying saying wildly different things, but that's only media wildly emphasizing cherry picked aspects of the things he said. Fauchi ultimately says the same thing in both articles, the media twists it into different things.

>>19774834
You’re not losing faith on me, are you?

>>19774894
I hope so fren, I need a big green day after last week

>>19774834
DENN is going to double from where it's at if you're patient.

I'm starting to get bored of my cruise and airlines stocks. Are the pinstripes trying to wait me out so they can pick up my cheapies or should I sell?

>>19774833
I'm in insurance. we're gonna need to be really competitive and have profitable risks to make up for the loss of investment income. It's why I haven't touched banks lately, even though the prices have been so juicy.

>>19774880
It depends.

>>19774889
VIX is calculated through near term options IV sort of. It means that options around 30 days out or so haven't budged.

>>19774641
Who is gonna get me? How concerned should I be?

>>19774477
>whogivesafuck
Adults.

>>19774894
Maybe, I just deal with here and now.

>>19774889
maybe you should learn what VIX even is instead of assuming it's an inverse ETF

fuck this shit i'm gonna wagie and eat/drink me own poopoo peepee, only way to get ahead in this world

>>19774940

Probably yeah and there’s more bad news on the way with the earnings report soonish. I’m looking to get one more decent pump out of them and sell before earnings. Wish I’d of sold a week or whatever ago but I bought at March lows so I’m still like +60-100% across the board.

>>19774914
>>19774936
I hope so, but seeing it decline since buying hurts, even if theres upside long term

should have waited but I was impatient and bought when it was too hot

ALL AHEAD FLANK

>>19774894
>>19774916

Alright lads. I got fucked on crab-day. Let’s hope this turns around in our favor tomorrow

fuck you maxine put the fucking kid on already

POWER HOUR GET REKT BOBO

>>19774829
yes, but how many small specs went long volatility

>>19774833
>this is absolutely terrible actually
...for banks, particularly banks that don't have good sources of revenue other the net interest margin, like investment banking services or credit card services. So, all the small regional banks are maybe gonna get gobbled up or replaced by the big 4?

>>19774834
it hurts... but there will be a reopening!

>>19774898
indeed. You can't get people to click articles or subscribe to your paper with headlines like: "FAUCI ADVISES CAUTIOUS OPTIMISM: TOP DOC MAKES INCONCLUSIVE STATEMENT"
It's all pretty funny watching poltypes get so upset conventions that have been part of news for decades.

Alright boys, time to buy. Buy the dips on your Longs

>>19774955
ORANGE DOT BAD

reminder to never go short
reminder to never use leverage
reminder to never sell at loss without fundamental reasons to do so

>>19774968
What are we watching

>>19774700
It just means you can use borrowed money to buy stocks on your account. Just watch out for being flagged as a pattern day trader, look up the pdt rule.

Holy shit Brad, fuck you.

You're letting the normies in on the game!

>>19774997
https://www.youtube.com/watch?v=NdoUUemsZo8&feature=emb_logo

>>19774898
Jesus christ, did I have a stroke?

what the fuck is the dot doing?

>>19774992

>>19774961
You and me are in the same boat. I don't think earnings are going to change anything since everyone expects them to be shit, but I'd bet we have at least one or two more pumps left. There's always the upside possibility of a breakthrough treatment, but there's a huge political incentive to keep the economy as shit as possible until the election is over. I'm looking at election night and on to be when things really start exploding.

>>19774994
Wrong red hot, buy.
Blue icey cold.

If you’re so confident stocks only go up, why aren’t you all in you faggots?

I set a limit buy order for XOL at 4
$47.00.

It literally just flirted around the single cent margin, even going as low as 47.00X, before it started going back up. I could have just bought, but I wanted the satisfaction of getting at least one tonight today. I fucking hate this week so far.

>>19774962
buying green results in pain 99.999% of the time
the remaining .0001% of the time it results in crabbing

>>19775010
taking us to the moon

>>19774968
AOC vs. JPow would be kino, like those pictures showing Marilyn Monroe meeting Einstein, except now it's a horse-faced goblina.

HAHAHAHAHAHA THIS FUCKER UNMUTED FOR A PERSONAL PHONE CALL

>>19774992
>>19775010
fuck

>>19774992
What the fuck is this? I don't get it

>>19775016
what, blue dot is bad?

>>19775016
>>19775032
wrong, red dot is lack of consensus.

>>19775048
No one tell him how to use the dot

>>19775048
Don't worry about it it's bullshit

>>19774090
I just bought defense contract stocks. Is WW3 happening soon?

>The Global Consciousness Project is a parapsychology experiment begun in 1998 as an attempt to detect possible interactions of "global consciousness" with physical systems

>>>/x/ fuck off

>>19775048
some meaningless bullshit

>>19775035
AOC is annoying but I want to tongue her anus

>>19775000
I'm well aware, but I'm not buying and selling on the same day. Right now I'm more interested in learning more as well as moving to a different broker, hopefully I can figure out how to transfer things without having to sell and rebuy.

>>19774645
Millenials typically (and rightfully should be) more cautious with dumping their money into stonks because we aren't going to have social welfare bailing is our later in life. Social security, Medicare, and other programs will all be bankrupt by then.

>>19775070
Tomorrow for sure

Bought HZT for $1.84 right before they halted trading. Did I fuck up?

>>19775019
XOL or XOM?

Lol 47 would’ve been a nice entry

>>19774157
Robinhood is the zoomer remover.

>>19774227
Can you just move to Thailand, bang trannies, and tell RH to fuck off? Will Pajeet CEO send a RH Hitsquad to kill you?

>>19774370
Free alcohol and women?

>>19775090
FUCKING SERIOUSLY

>>19775048
literal RNG

>>19775085
lol retirement is a bullet to the head and I can't wait

>>19775090
no enjoy your moon mission

>>19775078
I bet she doesn't even wipe her ass.

>>19775048
It's literally just some made-up random indicator.

NEW
>>19775126
>>19775126
>>19775126
>>19775126

>>19775070
You’re gonna need some oil with those defense stocks. You can’t man the gunships without oil

>>19775090
You bought into a dead company after it's final pump and dump. Can't tell if serious or not.

>>19775085
>Social security, Medicare, and other programs will all be bankrupt by then.
They better be. The sooner this socialist nonsense is removed the better.
There should be a 2% flat tax state. Everyone who wants to become rich would move there. I wouldn't need any government assistance if the government wouldn't rob half my paycheck.

>>19775048
don't tell him

>>19775090
there are MILLIONS of dollars of HTZ asks in the order book
every single one of them are fucked

>>19774995
I really, really like this image
(and leverage in the form of KO calls... and I'm buying some SOXL and looking to buy a dip in TMF if it really starts tanking)

>>19774157
>killing yourself instead of just filing for bankruptcy

What an idiot

>>19775082
It'll depend on your broker, some will let you transfer for a fee

>>19774380
> 0.06%
lol no, more like about 1% of us.
https://www.worldometers.info/coronavirus/coronavirus-death-rate/
IFR is above 1% but presumably only about 80-90% of the whole population will become infected, so about 1% of the population in every country will die.
Do the goddamn fucking math people, it's not even hard. In the link supplied they show you every step of how to do the math yourself to verify.
Some complete shit-for-brains will take issue with how they included deaths that were only presumed to be from Covid. All the numbers in the link are clearly labeled, redo the calculation without the deaths you want to exclude. You will notice the IFR is still rather higher than anybody in this dumb fucking board will claim. Then you put on your big boy pants and do the math for a few more countries that, unlike NYC, did not lose track of their dead so there are no question marks around which dead should be counted, and you recall that IFR should be about the same in every country (same virus, no cures). And finally you realize by including the deaths in NYC that you probably wanted to exclude the IFR lines up with that of other countries, indicating at least most of them should in fact be included.
For someone who hasn't gone all in on the market and isn't high on wishful thinking, the numbers are very clear.

>Muh black welfare
Doesn't even ask for jobs, just gibs, lol. The dollar is fuded:DDDDDDDDDDDDDDDDDDD

>>19774700

>Mong here.
>Robin hood account
>i don't have time to do proper research on how to do it properly
>being this much of a lazy nigger

Robin niggers just can't blow through their savings fast enough. It's like they hate money. Lol

>>19774288
lol that's legit like a <3% yield at best. O is your highest divvy on that list.
If you made 21k in passive income then you have at least a million invested.

>>19774943
>>19774959
From what I read I assumed it was sort of an inverse as it was described as "fear index"? But thanks for clearing that up fren!

The bears got me... so long guys... just another robinhood zoomer casualty here

I just spent $1k on XOM @$47.02 I really couldn't couldn't help myself. I would have bought more but oil is so volatile there's a chance it dips even further.

>>19775530
oh its at 46 and change right now

>>19775574
lmao. Im incredibly bad at timing.

>>19774442
So the dumbass killed himself even when he didn't really lose that much money?
How is his parents supposed to feel about that?

>>19774876
So he was a dumbass that killed himself for no reason?
These robinhood traders, they're really something.