/biz/ - Business & Finance

Where did it all go so wrong?

shut up bitch we are opening green tomorrow screen cap this im gonna squeeze your overleveraged shorts tomorrow I fucking swear man

Bad day overall, but told my girlfriend I'd take her to dinner regardless so feeling pretty content. Hows my boys at /smg/ today?

Fuck you

These threads are so funny

Reposting for interested parties
>Spartan Buys Fisker for $2.9 Billion. What It Says About Hot Electric-Vehicle Stocks.

https://www.marketwatch.com/articles/spartan-fisker-spac-electric-vehicle-stocks-51594646511?mod=mw_quote_news

Now that it's official, let me be one of the first to shill SPAQ. Outside of Tesla and Chinese companies, Fisker is the only pure play public EV company that actually has experience producing cars instead of cuckmobiles and vaporware trucks. Because of the SPAC is structured, it's very unlikely for it to drop below $10 before the IPO since that's the true value so you get a rock solid base for your new meme stock to launch from.

Disclosure:
I have 200 shares, some of which I'll sell if it pumps. It's probably not the next TSLA but nothing is.

Oh dear stock gods take us back to March lows. I promise to buy the bottom this time. Plox

Signs of being a retard that will never make it:
>Dividends
>Oil stocks/companies, Tankers
>Gold
>Still not having beaten s&p this year
>Absolute garbage like RTX (where did you even find out about that from, honestly?)
If you fit one or more of these, you should seriously consider giving up, and just buy 50/50 QQQ and SPY ETFs. Or TQQQ and SOXL if you want it slightly riskier.

>>20336280
>Where did it all go so wrong?
boomers

pizza and burgs

>>20336287
internet toughguy grrrrrrrrrrrrrrrrr
come beat me up grrrrrrrrrrrrrrrr im an internet toughguy

>>20336311
based

Tell me what to do. I'm about to liquidate everything and I'll go all in on a stock

>>20336289
>Seems reasonable
How is it reasonable? Why are you defending trampling tens of millions of peoples' rights so hard? Where is the evidence that suspending the Constitution results in a society rescue so necessary that it outweighs being a total slave to the state who can starve you out whenever they feel like?

Muh cases are not translating into field hospital tents in the middle of parking lots with mass grave pits. No matter how many weeks we wait it has yet to happen. All that anyone ever gets in response is "two more weeks you'll see".

The average age of a death attributed to Covid is 82 fucking years old. How is ending tens of thousands of restaurant businesses and hundreds of thousands of financial lives rescuing 82 year olds to such a degree as to be "worth it"?

Are futures buyers taking a fucking piss? Who the fuck is still bullish? Oil, Dollar, Earnings, Lockdowns v2, ATH. They are betting on the fed buying stocks, I'm going to get fucked in the ass by the fed again aren't I? Not only will the country dissolve but so will my fucking portfolio. Fuck america

Tesla is the next Enron. It's a fraudulent company on the edge of crumbling. Tesla will be $200 in 2021. Screen cap this.

Now that QQQ and TQQQ is the last thing being shilled here, I hope I can add it to this image someday.

>>20336392
you need to add tankers to that

>>20336404
Ok

>>20336357
Looks like you're doing just fine. Just remember to sell meme stocks when the time is right.

>>20336392
you forgot SHIP

>>20336357
TSM

>>20336392
You will never. TQQQ, SOXL, TECL, SPXL are eternal and will always rise from the ashes to post new 400% returns from no matter what depths. 3x leveraged index ETFs are eternal

>>20336357
EVRI

>>20336361
It's an election year

>>20336387
>Fuck america
Uncle Sam will remember this.

Biden wants 2 tr on green energy.over 4 years and people think market.will tank on biden win

Biden will print trillioms.more and fuck the debt forever

>>20336392
WKHS up 700% since shilled on here,
SOLO 250%
Try harder, there is dumber shit you can add there that retards on here shilled and lost on

>>20336468
>Uncle Sam
Go outside and see the new face of america

>>20336480
Yea but at least when dems print money they have the common decency to fuck you with taxes, too.

>>20336517
Uncle Sam will not forget.

>>20336480
lmao biden cant afford english first language shills

>NASDAQ futures green
Will we retest the all time highs set ten hours ago?

>>20336480
Good for gold, you think we don’t have another 70s gold run with this fuckery.

>>20336538
is this guy supposed to be a faggot hippie phish fan or something?

Read where some annalist has a 29 target on WFC even after the earnings come out. Which is great if you bought at lows (22 - 25).

>>20336538
Depends on what happens with bank earnings tomorrow.

>>20336421
Is the time right for nio? The average price target is 38

Should I sell mark? Fuck i cant time shit

>>20336357
DLPN

>>20336555
You have much to learn, child.

>>20336404
>>20336422

>>20336311
i have:
10% divvy stock (coke)
10% gold mines

T_T

Anyone here own VXRT ? I was watching INO for the longest time about 3 months ago when it was crabbing in the $15 dollar range and beat myself up for not ever pulling the trigger and buying when i saw it ran up to ~$30. I think VXRT can be the next biotech to do something similar. They've got a different approach than other vaccine speculation plays in that Vaxart is creating a unprecedented form of vaccine not seen like forms from INO, SRNE, and NVAX. Could be a real game changer for vaccines of other viruses in the future as well, don't want to go too far into the details, do the DD yourself if you're interested just wanted to explain my two cents on it.

>>20336598

>>20336480
Imagine TSLA with a green new deal.

>>20336585
oh lmao it's eddie vedder. damn i hated pearl jam growing up but now its fun to sing their songs in a joking way. everyone knows smashing pumpkins was the best band of the 90's tho

>>20336565
Only sell if you feel like you can put the cash to better use elsewhere. As for NIO, I get suspicious if /biz/ can't stop talking about something, and a 50% gain is insanely good. I've been burned too many times trying to get that perfect price point sell, and then end up only getting half or less of that target because I sell during the dump instead of just before it.

Can my WKHS bros tell me why after two pieces of great news we still tanked at the end of the day ? Are the Jews still manipulating us ?

fuck gavin jewsom

>>20336562
>better than expected
>DOW +1200
>NASDAQ +125

>>20336480
>Biden will print trillioms.more and fuck the debt forever
>t. haven't been paying attention to the tax cuts and spending increases
This is a bipartisan issue. Both parties agree that fucking 99.9999% of the US is absolutely fine, building up as much leverage as possible is important to support the boomers in their retirements, and fuck you to whoever has to deal with the consequences.

>>20336320
glad SOMEONE else liked that doujin
I don't think it got any replies

>>20336614
Image paying neets 1000/week to sit on their ass indefinitely.

>>20336633
everyone tanked bro you guys made out well

>>20336599
it means 100% dividend chasing shitfolio

>>20336633
Even top analysts say lol idk
Dont trust this clown market

>>20336696
a pittance compared to what the CEO's and politicians are printing into their own pockets

dubs tesla 2000 eow

Just injected heroin AMA

>>20336248
Its ogre. This case is about to be tossed out, the Dakota pipeline is coming back and ET is going to get a nice bump.

>>20336732
trips 3000
dubs 1000

>>20336291
Already recouped a quarter of what I lost AH. Felt like another shakeout day, tomorrow's gonna be green as fuck.

>>20336311
>not making enough in divvies to gamble and grow gainz with them
>not having a diversified portfolio with some energy sector stocks
>keeping all your funds in fake internet tokens or fake paper credits
Ngmi though yeah meme stocks are shitty

I bought TSLA at $1772 :*)

>>20336774
rekt

>>20336774
*inhales*

>>20336562
Here's my expectation for price movements:
Scenario 1 - We priced in bad bank earnings today. If they are bad tomorrow, we still go up.
Scenario 2 - Banks do well tomorrow and we shoot up like a rocket.
Either way tomorrow should be an okay to amazing day.

When SpaceX starts a colony on mars, will planets be run by governments or corporations?

>>20336311
>Not taking advantage of sweet divvy gibs to beef up his portfolio

ngmi

>>20336774
join the club.. took all my profits from EVRI and was gonna sit in TSLA because why not until the next PnD and oof.. i knew i shoulda waited until end of day

>>20336814
Corporations most likely until the population becomes large and sustainable enough to cause human nature to encroach and cause revolution and all the consequences from that.

>>20336463
This. The day after the election you'll never hear the word covid uttered on tv ever again.

>>20336861
>i knew i shoulda waited until end of day
no you didnt, hidnsight is 20/20

>>20336774
>>20336861
How the fuck did you think this was a good idea

>>20336861
It sounded like a good idea at the time

Nasdaq gonna break-out

hey /biz/

is diamond hands a meme

https://youtu.be/AOUnO0cbhTA
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

I’m curious do any of the people who post here buy stocks on margin? I’m considering open up an interactive brokers account so i can buy some safe dividend stocks or something with borrowed money. The interest is so low I’d come out ahead and if I only use like 20% margin I’ll be safe from being liquidated. Makes sense to me.

>>20336311
I’m in all of these desu

>>20336287
It all depends on the eating reports of the banks. Everything will be decided in premarket

>>20336903
Really nigger?

>>20336480
Looks like civil war 2 is on the menu lads based

>>20336963
cope

>>20336963
Oh boy

>>20336692
Yeah man complete open borders, getting rid of the oil and gas industry and massive tax increases proposed by Biden are exactly like Trump policies

My stocks are always too volatile to buy on margin. It's just helpful for immediate settling of funds.

>>20336956
I'm starting to think so

Frankly long as I get my 2nd govt check I could care less what those crooks in Congress do. Everyone bitches about the "debt". If those fucks actually did what they were elected to do and leave out all the little "pork" projects then they could pay the debt off in no time flat without cutting the essential shit the govt does. But then again why even bother when hey all they gotta do is turn to the computer at the Fed and say "create another 2 trillion dollars". The first thing is a joke. it'd never happen. The 2nd thing (fed creating money) will happen. They've already done it several times. What's one more to them.

big fat ass

>>20336963
You can't "use 20% margin" because you can't choose what's on borrowed money and what's not. You would have to put 120% of your stuff into stocks (dividend or not). IBKR also doesn't do margin calls at all, they randomly liquidate your stocks and you can't decide what gets liquidated (it's random). If there's a march-like crash, dividend will liquidate you.

>>20336462
based evri bagholder
you realize just based on the fact that there were 100 EVRI posts in the first thread today and one in this thread, you're absolutely fucked, right?
you literally got played by a satsgang tier pnd

So was everi a scam?

>>20336774
I'm about there too anon don't worry
>>20336919
>How the fuck did you think this was a good idea
Frankly you probably said this at 500, 800, 1100, 1400, and early this morning. So did a lot of us. Also, like it won't be over that again soon.

>>20336480
Yeah but trump supports Israel. We just cant win. The american people are fucked one way or another. Although trump does like the stock market so I'll be a jew and prefer the kike lover

>>20336903
Yea the whole worlds making it up for your shitty President...

>>20337065
>babbies first pnd
lurk more

>>20337022
Come on man that is just the fear talking. Turn off fox

NO NO NO NO!! I FUCKING BOUGHT TSLA AT THE TOP!!! NO!! NONONONO!!!

>>20337022
No strawman here

>>20336963
I do. I always have stocks with all the cash I have on hand and write puts for ~20% of my money. Then I write covered calls when assigned and start again.
So Im always fluctuating between 0 and 20% margin. Never more.

IBRK is shit btw. Their margin policy is to just sell your stuff if they feel like it I heard.

>>20337047
>You can't "use 20% margin" because you can't choose what's on borrowed money and what's not. You would have to put 120% of your stuff into stocks (dividend or not).
But thats exactly what he means, isnt it?

>>20336963
the only time you should actually use margin is when your 9-5 cash flow is greatly exceeding your expenses AND the market is in the middle of a depression/recession

and even then you should only do it until you see a substantial recovery.

in case you retards really don't get it: you will get sick, injured, laid off, etc. in your 20s or 30s and you will absolutely fuck yourself in the ass for decades if you have outstanding net debt during this time

>>20336742
ET's divvies are so fucking comfy I almost don't care. It's been good to me.

>>20336903
The world doesnt revolve around us you dumb fuck

>>20336774
I did the same thing but didnt go all in
If it keeps dropping I will keep buying and holding until the elections

>>20336558
I know a few bankers and they are laying low with mortgages coming due but most people, including myself, skipped May, June, and July payments not sure why people think they will know more about missed payments tomorrow. The bankers I know have been making piles of cash over the past 3 months.

>>20337067
As a white man in America you just gotta take everything you can get, nobody will ever care about you but if you can make it, get some allies (you may never get actual friends again) and get land and gold, you can have enough material goods to have a happy life.

>lost 100 dollars today

FINANCIALLY RUINED

>>20337128
lol, just look at the state of layoffs in fintech if you want to see how the banks are actually doing

they might pull some housing crisis-tier fuckery to hide it, but their books are burning, i guaran-fucking-tee it.

t. banker

>>20336633
The whole market tanked and WKHS actually did well. The only EV company to finish green today.

>>20337102
>But thats exactly what he means, isnt it?
Depends, he didn't exactly strike me as particularly knowledgeable given that he wants to invest into dividend.

>>20336742
How does this help ET?

>>20337095
Problem is it looks like Biden might have some scary tax ideas. Yet, I can’t find out any information on if this is true or if the person talking is some nationalist cultist talking with Trumps cock in their mouth.

Any non poltards have input on Biden’s tax plans?

>>20337144
>as a white man in America
>as a black man in America
You have the same mentality that a nigger has. Your race faces problems but stop acting like a little bitch

>>20337184
Kek
Fair enough

>>20336565
In the future people will refer to "price-target micro bubbles" when they talk about the RH effect.

These are (99.9%) 12-month targets, and they seldom generated this insane level of action before RH/WSB autists misinterpreted them as "the price the stock should be at today."

>>20337166
Same thing is happening in the Law profession. The non-elite bourgeois is crumbling, and it will be very fun to watch happen. They've been insulated from the real world for so long.

>>20337065
>gambling machine company in the middle of a pandemic
>Surge in corvid cases reported in the media
>Some dude in this general with a hassidic jew on his shill account doing his best to jew the retards on stocktwats into buying evri
>is it a scam?
Caw caw retard, pay more attention.

REEEEEEE
I'M NEVER GOING TO SEE THE GYM QTS AGAIN!!!

>>20336774
How come no one invites me to lead their sex cults?

>>20337022
He specifically mentioned printing money and the debt. No one mentioned anything you're talking about.

Please reread my post and assess what I said was bipartisan. Notice that nothing about energy or immigration was on there.

>>20337166
Who's going to stop them from cooking the books? as long as the fed is going to keep doing this for years, they might even be able to hide it and deal with it before anyone notices.

The more I analyze my options buys the less I understand it.

>>20337194
The left are so bad at meming Jesus christ

>>20337194
I always thought I was a conservative but even I am seeing a case for higher taxes at this point. The debt just too much

line goes up tomorrow r-right guys?

>>20337196
>telling anon to work and grab any opportunities along the way is the equivalent of being a nigger

>>20336960
/our jew/

>>20337044
The fed CANNOT CREATE MONEY you financial brainlet. They are borrowing money that has to be paid back within a certain timeframe.

>>20337212
Well then I can just hold everything for 12 months and diamond hands and it will go up. Apparently I just need to sell my cpe and kos

>>20337225
It's not really funny if you know these people though man. I know good, (narrowly) talented people who are going to be collecting unemployment or working retail for 6+ months and basically ruining the entirety of their young adulthood because of this shit.

I get that this is 4chan and we're all sociopaths here but it's really not as fun as you think it is. Besides, in the end, the Bolshevik's even killed some of the farmers, you shouldn't forget that. Someone's right behind you waiting for it to happen to you.

>>20337226
That was me. I am that anon. The market will rebound. Everything took a dip. I used a hasidic jew as a joke. Some guy on stocktwits asked me if I was amish, no joke. Keep diamond hands, everything is going to rebound. On a side note, somehow my UAVS stock survived.

>I always thought I was a conservative but even I am seeing a case for higher taxes at this point. The debt just too much

ITS FUCKING OVER GUYS THE BANKS ARE GOING TO TANK THE MARKET BECAUSE UH OH NO MORE MONEY TO PAY FOR EXPENSES BECAUSE ALL THOSE UNSECURED LOANS WE GAVE OUT TO UNRELIABLE CONSUMERS ARE GOING TO DEFAULT FUCKING SAVE ALL OF US

>>20337232
Logging your trades is a good way to improve your overall strategy.

>>20336774
1755 gang. Got me two shares, for twice the pain.

>>20336774
it will probably go up i dont hold telsa though

>>20337166
But you aren't a banker in a white country so it doesn't matter. And if you are, being a fucking teller isn't what I mean by banking.

Look at housing and come back to me boy. They laid off some neets who couldn't hack it and collected PPE money on top of the massive amount of SBA loans the Gov told them loan. How the fuck can you get a pulse on defaults when they didn't even start pushing mortgages off for 3 months until May?

>>20337232
ok, 2nd time now:
DO NOT buy options before earnings. Do the opposite. IV is highest before earnings.

>>20337299
>consumers
buzzer.mp3

It's small to medium business owners and shyster fintech bank startups riding cheap, diversified debt and VC respectively into the sunset this time.

Oh no bvll-bros, we got too cocky!

whats the nio and DAL news?

>>20337299
could you repost this with an anime picture?

>>20337233
Well yea, it’s not a meme. It’s a informative humorous point on why the every alt right I know is miserable and angry.

Even Alex Jones is trying to bring awareness to how Trump supporters are killing themselves at record numbers.

I feel sorry for you ignorant lads, but definitely don’t want you to harm yourselves. I hope everyone here transcends the capitalist work trap and makes it.

>>20336956
Yes unless your whole strategy is based on the cost average long hodl. If that is the case, you better be very confident in your FA or be only in index funds. People talking about the strength of hands are most frequently coping bagholders of meme stocks they failed to exit when the winds changed direction.

>>20337255
It's not. I was calling him a nigger for having a victim mentality because of his skin color. Fuck what others think and fuck skin color. If you live in the u.s we all have the opportunity to make it. I dont want to be hearing that race bullshit

>>20337319
I do using a spreadsheet. But this one is really complicated. I did it on paper from a 1 to 10% earnings move in either direction.

>>20337343
You're wrong on both counts of your first point. I work at a level you will probably never even sniff.

I don't need a pulse on defaults if I have a pulse on the industry upstream. You don't know how fintech services startups' sales trajectories work, so I don't feel the need to explain to you the incredibly obvious point that layoffs in fintech lending contribute to a bleaker picture for entrenched institutions.

>>20337119
Really? If the US didn’t exist Russia would be in Europe, China would be all over the South Pacific/ japan conquered and turned into a puppet state (not to mention Taiwan), South Korea would be curtains an shariah law would rule over the Middle East. All that and Eurofags can’t keep America’s name out of their mouths when talking politics stfu the world does revolve around us

>>20337245
>conservative
that doesn't mean what it used to mean, or at least isn't what republicans stand for. Fiscal conservatism, what you're describing, has been dead for decades. Except for a brief period when the Tea Party was a thing.

>>20337293
fuck you boomer
we can't increase spending and cut taxes forever

you /pol/ idiots are so fucking stupid sometimes

>>20336956
only if you're wrong

>>20337254
I expect green close. There may be some wiggling during late night futures, premarket, and opening stupidity hour before that.

>>20337299
Imagine big tech without access to credit lol.

>>20337358
This generic advice isn't true if the person is doing arbitrage. They put has a 58 cent value to me if I execute it.

>>20337437
>If the US didn’t exist Russia would be in Europe
Germany would have won the war. WW1.

>>20337374
Imagine

https://twitter.com/economics/status/1282834051154554881

Singapore gdp down -41.2 percent, what to expect from the US and western countries? How will stonks react?

>>20337437
retard

>wealthsimple trade is about to let cucknadians trade cryptos
Looks like cucknadians will finally vanish from these threads. Good riddance.

>fuck you boomer
>we can't increase spending and cut taxes forever

>you /pol/ idiots are so fucking stupid sometimes

>>20337184
90% of my money is in 401k and Roth IRA which don’t allow margin. I’m thinking of doing the margin + dividend yield ETFs in a taxable account I’m using to save up a down payment for one or two multi family housing units. It’s just to help it grow a bit faster as I build it up.

>>20337245
Only those taxes never go towards reducing the debt. It’s always useless welfare programs and government subsidies that the average American will never benefit from.

>>20337465
>Germany would have won the war. WW1. And WW2, which would be a massive improvement for europoors.

>>20336633
yea homie, we did well. Just hold strong.

>>20337194
1. The legislature makes tax laws. The president doesn’t make tax laws, they can direct the Treasury to issue regulations interpreting law which they would defend in court and use for day to day administration.

2. Biden is largely Obama 2.0. He is from Delaware so he’s beholden to several corporate and financial lobbies.

>>20337472
Where was the chart that showed which side of the political spectrum had more mental illnesses again?

Serious question Bobros, if you could short air. Would you?

>>20337465
>Germany would have won the war. WW1.
And WW2, which would be a massive improvement for europoors.

>>20337496
you know there are leaf crypto exchanges, right?

>>20337520
And pockets of Jews, but otherwise entirely correct.

>>20337489
Great argument. Now try refuting it.

>>20337558
bobros don't just short stocks, they long gold.

>>20337528
Why would there be a second world war if the germans won the 1st?

>>20337586
delusional amerimutts aren't worth more than insults

>>20336392
MVIS is still running higher idiot

>>20337508
you can still trade options in your 401k and roth ira cash covered puts and covered calls

>>20337245
Debt is a meme when you have the worlds best military and nukes.

Besides, the only way to reduce debt is to reduce social spending. Which any universal anything for 350M people is unlikely to do

>>20337558
If air was listed in the Nasdaq 100 you fucking bet your ass I'd short it

>>20337618
the europoor envy is getting old, I usually just ignore it but I thought you should know.

>>20337551
>what side did the biases go against again?
You’re not making yourself seem smarter and you seem in way to deep. I’m a centrist, but you’re so conditioned to believe any one against you is some incel or redneck. Even now after reading this you won’t take even a second to consider wether you may have been led astray and the truth is you’re just as pathetic as the people you see as your opposite. ngmi 0/10

>>20336308
>>
>Employees: 2
Not even joking.

>>20337642
msft buyout mvis soon bros

>>20337651
aw, he thinks he's in control of the military and nukes. that collateral was spent long ago.

>>20337566
There are 2 levels of scams: first is the $ <-> crypto part. See Quadriga for example. Second and far more important is the crypto <-> crypto part. Many exchanges let you put your coins in, and then want you to sing and dance while showing your passport to get the coins out, then suddenly refuse the transfer, then disappear with the money.

>>20337592
I long cash. Gold proved itself an unworthy hedge in March, if you use gold as a hedge you're an idiot. Same with crypto. Cash itself is a bad hedge - it's not free to hold it - but at least it's stable.

I'm waiting for under 310 and will begin DCAing into TQQQ at that time.

>>20337597
I mean, his statement was retarded on so many levels. I wouldn’t pick at just this thread.

It made more of a point on the state of Dixies education system then anything else.

I wish the poltards left and we had more people that cared about there stock returns colour and not people’s skin colour. Those people aren’t going to make it and drag us down with them.

>>20337717
america is pulling a ponozi scheme on the world with the dollar, trade and oil is all done in dollars, so is the 'debt' you think you will get payed back on is just a sham.

>>20337729
my gold stocks are up about 100% since march?

>>20337670
I can’t understand this mindset of trying to ruin everyone’s party. I do appreciate your commitment.

>>20337437
>if the us doesnt exist then Russia/China will take over
Thanks for proving my point retard. We dint matter the world doesnt give af about us. They only care about the number 1 economy. Even then why would they tank their economy just to fuck us over? Seriously I understand we are influential but the world does not revolve around us

I only respect people who bet against America with TQQQ and gold or only play options.

>>20337731
The state of America's education system is so shit that homeschooling outperforms public education.

>>20337797

I only play options and today I wiped out my gains from the last two weeks

>>20336809
Imagine coping this much

can someone explain to me why i went from being up 1 percent all moening to being down 3 percent eod

>>20337731
the post was this >>20337559, it was just formatted incorrectly so it was reposted.

>>20337775
nobody cared who I was until I put on the mask

>>20337775
The market is a zero-sum game, regardless of direction someone is getting fucked in one way or another. There's no point getting on the high horse with morals.

>>20337065
I mean they're a real company. The casino I work at has machines made by them. Was it overvalued? I don't think so. they were worth $14 a share before the shutdown. If they make a proper recovery they could be worth that much again.

>>20337849
Stocks lost some value today bro

>>20337728
It's so much worse than this. Even if they don't, there are so many hidden fees in crypto for every entrant that the market is scalping coins and tokens from retail by design. The average normie's journey into any non-Bitcoin currency is:
>Buy BTC
>Read about x Coin
>Try to buy x Coin on Coinbase, can't
>Find exchange for x Coin, can't buy directly in for KYC or UX reasons
>Buy BTC, transfer BTC to exchange, buy x Coin, transfer x Coin back to preferred wallet
>x Coin now has to gain 20% just to cover exchange fees and gas on the way into your investment, 40% to make its way back out
>normie ends up holding x Coin simply because of the time cost to convert it

The whole industry is a complete scam. Unless you spend most of your time managing your crypto, or are willing to re-learn a complex process again 6-12 months later, it's a money trap.

I know you 4chan retards love to get it mixed up, so let me be clear that I've 6x'd on Ferrum alone this season. I get it, it's a lucrative area for investment, but for nomies and low IQs it's a complete minefield.

>>20337796
>American nigger dies
>results in world wide protests against police
>faggots still don’t think the world revolves around America
Some people really are hopelessly brain dead

>>20337836

>>20337889
But dividends aren’t part of the zero sum. They are money paid out.

>>20337940
which the nasdaq 100 don't pay, even more reason to cheer for its destruction

>>20337940
Why yes, companies just shit out money to pay money to their stakeholders.

>>20337940
There is a primitive boomer part of the brain for some people that will look at all evidence of dividends as sunk cost and refuse to ever accept it.

>>20337889
Wealth and markets are not zero sum

>>20337731
The German nat soc army was unironically multicultural, while there was still segregation in the US armed forces forces. Not from /pol/ just like to study market cycles and social trends, censorship must be a bitch europoor.

>>20337889
imagine being a mid-IQ the only fate worse than being a low IQ

>>20337889
That's not wrong, but you're ignoring situations where people need liquidity, for whatever reason, like retirees selling a bit of stock. And you're not including appreciation of equity over time for growth and inflation.

If you bought microsoft or even just SPY 10 years ago and were holding it now, would you say either you or the person who sold it to you was "getting fucked"?

>>20337940
dividends don't come from the person who sold you the stock, they come from the company the stock is a share in.

>>20336960
That was an EPIC rant

>>20337849
It was so obvious bro. Gap up when tech stocks like aapl and msft haven’t consolidated for months plus rising covid deaths and cities threatening to close again. Plus banks start reporting earnings. Learn some ta bruh.

>>20337889
There's also new money coming in + yearly asset inflation into stocks. It's more like +11%, and to go any higher other people have to lose money

>>20336809
>Either way tomorrow should be an okay to amazing day.

>>20338015
Source?

So what time are the earnings reports tomorrow? Do they happen in the morning? Throughout the day? After hours?

I lost to corona, bros.

What stocks do I buy tomorrow with the money I'll be saving on my gym membership?

UH OH FUTURES ARE GOING RED THIS IS NOT A DRILL THERE WILL BE BLOOD WELLS FARGO IS GOING UNDER DAL IS BANKRUPT AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>20337752
What gold stocks do you suggest?

>>20338015
>like to study market cycles and social trends
So anon, would you be kind enough to give the odds of the U.S.
>1. Not changing
>2. Going further in social justice
>3. Backtracking social justice
>4. Balkanization
>5. Option that I'm missing

I'm fucking getting out of all my positions tomorrow.

Fuck all of this
Fuck cpe
Fuck kos
Fuck eman
Fuck bioc
Fuck nio

Denny’s has a shitload of California locations. Will this fall be apocalyptic or should I hold what I have?

I've been waiting for this! the time to buy has finally come

>>20338182
just buy tsla, we are going to 2k

>>20338182
What about TSM anon? Shit still held up during the dip and pumped AH.

>>20338153
>90%
>0%
>100%
>2% but unironically dream scenario
>3 gorges dam collapses, china btfo USA confirmed #1 for the next 200 years

>>20338182
>he has kos
Ngmi

MVIS - the hype over the so called "buy out" has been going on for months right? Well why would any company wait till now to bag them when they could've done it in march when everything tanked and paid out fucking pennies per share. Saved a shit load of money.

>>20338232
It was all suppose to go up.

OH AND MOST OF ALL FUCK MARKKKKK

>>20337644
Yep I do, I sell covered calls on my long term holds and use the money to buy puts on whatever you guys shilled a week ago

does the federal reserve not act in the united states best interest?

why is "the fed" such a boogieman?

i hold apple and tesla stock and they're both -9% how fucked am i tomorrow

>>20338279
tesla will be back to 1k by eow

>>20338279
unironically would

>>20338275
The Fed has been acting like a drug dealer to Wall St., to the detriment of Main St., since the 90s.

>>20338245
AHHHHH

>>20338208
MFW I was eyeing up Tesla at $800 a few months ago but didn’t pull the trigger on it.

>>20338279
apple's gone back up in after hours

>>20338227
Seems reasonable.
You don't think it's possible that it would go further though? What makes you think there would be a retraction?

>>20338208
Yup, what I did on Friday and I’m still up on Tesla.

>>20338192
they also have takeout 24/7
If all restaurants are closed, they could do okay.

>>20338275
This is a flawed question. The government does not act in the interest of its people, it acts in the interest of the people in the government, which sometimes does mean assisting the people. The fed is a quasi-government agency. It acts in the interest of the people in government as well.

>>20336599
lmao

>>20338093
have this, they were always willing to take in volunteers from locals that wanted to help, especially in areas riddled with communism. I don't really like speaking on nat soc Germany though since it can be very polarizing and no gain to be had by doing so.

Here is an interesting quote from Jesse Owens:
"Hitler didn't snub me—it was our president who snubbed me. The president didn't even send me a telegram."

>>20338312
I just have a feeling that there is a breaking point coming if it hasn't already happened. I guess it's possible it could continue but after number 5 happens and 100 million people die there is no more room for bullshit in the news cycle

>>20336392
ivr gang never died, there just isn't much to talk about with it lately

I bought TQQQ shares and calls at 125.50, anyone know if McDonald’s hiring? How’s the work life balance? How much do they pay? Maybe I can be promoted to manager in a couple of years and open up my own franchise

>>20338031
>>20338031

Germany getting reinfected... bullshit.

Even during this
>EPIC rant
the dude cannot stop lying.. he is just seeking attention and nothing what he says has any substance

>>20338364
>the dude cannot stop lying
It's his nature.

>>20338322
>This is a flawed question. The government does not act in the interest of its people, it acts in the interest of the people in the government, which sometimes does mean assisting the people. The fed is a quasi-government agency. It acts in the interest of the people in government as well.
I'm not talking about people, I'm talking about the state itself. Does the fed not act in the state's best interest?

>>20338354
I guess only time will tell what happens, thanks for bothering to answer anon.

>>20338360
Lmao it requires about 1 million to open a franchise plus you need 3-6 mths cash just in case. Best case scenario is you get an investor who provides capital while you manage it so he can spot check the business once a week but it doesn’t even seem like your reliable. I bet you can’t even cook the burgers like the nuggets can so just work the fries ya bitch and practice saying “order out”.

>>20338153
I will make a bobo a few weeks into the crash to discuss it, image will be of the 2000, 2008, and 2020 crashes.

>>20338427
No, the government does not act in the interest of the state. It acts in the interest of the people in government.

>>20337642
>>20338358
Don't worry. They're undead.

>>20338227
>USA confirmed #1 for the next 200 years
No need to confirm it, brother

>>20338449
so we're in deep shit?

Hey all,

Which of these would you recommend purchasing? Let's pretend there is 10k that could be distributed how would you disperse it between some of these companies?

Thanks!

at least $20 by end of August?

>>20338481
TNA if small caps weren't being endlessly scalped for more tech shares

>>20338438
At least more OC will be created, which is technically priceless.

>>20337889
shorts provide liquidity. shorting is contributing to the benefit of the market.

Fucking Singapore just entered a recession right now due to earnings, that's it boys pack it up.

There could be 450 foot tall demons destroying the planet with eternal he'll fire, and /smg/ zoomers would tell you it's priced in and to buy the dip. GET THE FUCK OUT NOW

>>20338471
maybe?
I think what I said was true of all governments throughout human history.

>>20336361
Permanent organ damage.

>>20338530
>There could be 450 foot tall demons destroying the planet with eternal he'll fire
yes the reserve has been mentioned many times in this thread

>>20338530
Dunno bro, playing on fundamentals and making logical decisions has only resulted in massive losses so far. Betting on green line go up weeee has only achieved massive success.

>>20338553
I remember you. You're the one convinced that a corona virus somehow permanently taints your CSF and results in "permanent organ damage" at an indeterminate point in the future. How have the last 6 weeks been bud?

>>20338530
They got assfucked by a fat ojisan

>>20336480
Microgrids like CLSK are the future. Imagine buying TSLA for <$5

>>20338530
>Demon wars
>Not going all in on DFEN

>>20338354
breaking point hasn't happened, market physiology stimulates a bull trap.

>>20338571
Betting on a crash isn't necessarily "trading on fundamentals." The market will crash just as quickly and irrationally as it has pumped back up. Imagine what will happen when the retail traders feel some real fear and start dumping their positions with the same fervor that they bought in. This is why it's called a panic.

Can you feel the fear? I can. This thread is filled with it.

Apple @ 400 soon. It got damn close today (399 something).

>>20338530
JPOW will log on through his Robinhood account and start buying up Singapore equities.
The hero of helicopter money is not stopped by borders.

>>20338123
That's terrible plank form. You wanna trade PALL with me? We can be PALL pals.

>>20338530
I will buy the tanker, uranium, gold and silver miner dip through all of this hell. Nearly all of my hedges and cash positions will be converted into these positions over the next few months.

>>20338664

Maybe by end of week, but probably not tomorrow. I expect a red or crab day tomorrow.

>>20338652
Problem is I’m always greedy.

>>20338709
>gold and silver miner
Based. What are you looking at for both? I am PGM and AG myself.
>uranium
I have no idea how to make sense of that commodity.

so.. who's excited for bank earnings?

>>20338744
NLR will take forever to get back up to $50+
Nuclear isn’t something you invest for quick cash. Many better options.

>>20338721
It will be a good learning experience for you if you stick around. Learned a lot from the bitcoin bubble.

>>20338759
Both excited and terrified. My TSM is holding through but I'm worried about my MSFT shares dipping further.

>>20336774

I bought BTC at $20k :*)

H-HODL

I wish I never got into stonks. Now, I'm a degenerate gambler who chases a high by swing trading his entire life savings. I never know when to take profits. That's the hardest part. I will never become a day trader. Feels bad, man. I literally almost went all in on $EQ today around lunch, but instead I went in on $FSLY. It hurts, bros.

>>20338744
I'm shooting for GOLD, GDX, and GDXJ.
SILJ is very nice imo, and I'm getting TECK as a half and half kind of position for industrial metals and silver. Too bad I don't know jack about copper, the commodity price has been wild.
>Uranium
I'm starting off by paging through the ETFs. I think uranium will not see the huge spring that PM and PM Miners might see in the near term, so they're the furthest back on my burners. I'm paging through the holdings of URNM and URA, picking up bits and pieces here and there like URC/URCCF.

>>20338652
>Betting on a crash isn't necessarily "trading on fundamentals."
That's exactly what it is though, it's betting on actual well-thought-out implications of realized indicators pointing to a specific scenario (that, even worse, has already been verified and concerned). That hasn't made me a penny.

>>20338516
You did not answer what I asked. Thanks though.

>>20338805
Just buy calls on spy

>>20338709
>>20338744
>>20338781
>>20338821
I've been watching a Uranium ETF for a while but anti-nuclear movements are making gains around the world. Germany will get rid of their nuclear plants. It's stupid but what can I do about it.

>>20338759
canadian bank earnings were saved by the fact that the best performer (BNS) was the one that reported first. Everything else pumped afterwards even if their earnings were more worse than the already abysmal expectations.

Are any of JPM, WFC, or C competent at all? Please tell me yes because our canadian financials will also pump or dump along with your shit

>>20338805
>entire life savings
yeah you'll make it just keep fighting the good fight anon

>>20338805
forget EQ, get in on VXRT tomorrow

Where’s that ‘last day to buy Ktov under $1’ guy lmao

>>20336814
Trannies

>>20336248
REASONS TO GO 100% CASH THIS WEEK AT LEAST:
>EVERYTHING IS EXPENSIVE (FUNDAMENTALS) AND STRETCHED (TECHNICALS)
>CHINA V USA TENSIONS KEEP RISING
>COVID KEEPS BREAKING RECORDS AND THEY ARE NOT PREDICTING A DECREASE ANYMORE, THEY ARE NOR PROJECTING THE SECOND WAVE PEAK TO NOVEMBER/DECEMBER
>Q2 EARNINGS ABOUT TO START

Wait at least for the banks' earnings as they are usually seen as a good indicator for the rest of the earnings season and the economy
Jerome's liquidity plan will stop working given that liquidity and money printing only solves very short term problems and the economy has now been closed for way too long. There will be structural issues, insolvencies, and ultimately changes in consumer preferences which ultimately will change the economy.

We're at that first +48% point at the end of 1929. It's all down hill now.

>>20338825

The market is part fundamental and part psychological. It reflects buyer/seller sentiment, which can be detached from economic reality.

>>20338530
>Singapore just entered a recession right now due to earnings, that's it boys pack it up.
>nearly every country on earth is in a recession
>singapore avoided it until JUST NOW
>This is an unexpected blow to the recovery in the US, it's over now

>>20338670
yeah she's a little bit rounded, should work on that but she's a genki ganbaru so I'm ok with it

I would like to be PALLs!
Why PALL and not platinum? I lost track of palladium, it was too connected to EU regulations and autos for me to feel like I had a good feel on it.

>>20338843
>VXRT

Okay. But can I have a quick rundown?

>>20338875
The market is 0% fundamental and 0% psychological. It is 100% psychedelic. The faster you recognize that, the faster you'll stop losing all your money anon.

>>20338883
Rona vaccine.

>>20338883
>buying a stock that rose 51% yesterday
Man...I mean yeah you could make a lot of money.
But, I lost a loooooooooooooooot of money doing stupid shit like that.

>>20338883
Some mouth vaccine for covid

>>20336732
it will crab for two weeks just to agonize anyone who wants in or out

>>20338834
>Germany will get rid of their nuclear plants. It's stupid but what can I do about it.
don't you get cheaper nuclear energy from Russia anyways?
they're just framing it as a green energy move when in reality it's probably just not worth operating those power plants. not like Germany gives a shit about national security anyways

>>20338835
I dumped Canadian financials after the last pump and now I'm accumulating HFU.

>>20338893
Go on.....

>>20338893

No, it's partially correlated with the economy and partially correlated with buyers' and sellers' perception of the market, in a circular manner. It's like a chess AI playing itself, or a distributed intelligence/collective organism looking at itself in the mirror. With the news playing on the TV in the other room.

>>20338834
ticker? I'm figuring that we'll have a correction in thought eventually. The future has to come eventually.

>>20338877
>tfw no idea at all on Palladium
>tfw will not be confident enough to invest in palladium until maybe next cycle
damn.

>>20338924
Germany gets most of its "green energy" from French nuclear power plants

>>20338905
>>20338906
>>20338910
I'm already at three day trades. I better not get left holdings bags.

>>20338931
It's simple. Every day you wake up, buy tech calls, and take a hit so you forget you've done any of that. In 2022 you look at your account and notice it's up $1b. Easy peasy.
>>20338934
L-lol? Please tell me you're just trolling at this point.

>>20338834
Why do these retards think we can sustain energy demand on fucking inefficient windmills and also think nuclear tech is still at Chernobyl levels?

>one red day and you all start crying
Weak hands.

>>20337559
>And WW2, which would be a massive improvement for europoors
Which is why Hitler is one of the most overrated persons in human history. He ruined his people for eternity.

>>20338945
I only said what it was. I don’t have any or want any. I have to make up for EVRI and SOLO. I hope this shit rebounds.

>>20338984
eat a donut stupid fucking nigger

>>20338924
> not worth operating those power plants
Anon, shutting down nuclear powerplants early before their lifespan is up is one of the main reasons nuclear is expensive. This whole shit is almost more of a meme than the market.

I don't know what scares me more. Losing and having to wage slave for 40yrs or winning money for absolutely no reason at all while people work their fingers to the bone.

>>20338877
>Why PALL and not platinum?
Like like palladium chart right now. That's pretty much it.

>>20339010
ouch
well honestly my impression of Germany that it is self-flagellating all the time so this comes as no surprise to me

>Put an additional 25k in some stocks a week ago
>Now at 15k
Where did I go wrong and how can I fix it, I just want my 10k back

>>20339022
wait until you lose what took you like 5 years to save up.
You'll be very aware that losing money and having absolutely nothing to show for it is a nightmare.

>>20338938
>ticker?
HURA on TSX. Its holdings are Uranium producers and things like URANIUM PARTICIPATION CORP and YELLOW CAKE PLC which expose the ETF to the spot price.

>>20339071
>Where did I go wrong and how can I fix it, I just want my 10k back
I put in 41k and now I have 13k.
I lost 28k.
I have no hope.

BAKING

>>20339048
hmmmm better than the silver chart?
I think you're pretty good at your charting if my memory serves

>>20338965
>L-lol? Please tell me you're just trolling at this point.

No. It's a cyclical, feedback-driven system. Buyer and seller sentiment largely influences that cycle. Algos also drive a significant portion of it, but investor/speculator sentiment factors heavily into the movement of the market. Economic fundamentals have some influence, but mostly insofar as they affect investor psychology.

Anybody in XRX?

>PAIN

>>20339075
Thanks. I'll add this to my study list.

Also, looks like we've given up our futures gains for the evening. We've just been crabbing for the last 5 hours anyway.

>>20338988
nat soc was the peak of German civility, they haven't been respected/seen as a threat ever since. All of Europe is a joke and irrelevant today. Imagine when Germany's auto makers fail to adapt to EV and self driving - jobs will be lost, and their exports will drop dramatically.

>>20339172
>>20339172
>>20339172
>>20339172
>>20339172

>>20339089
What are you in now?

>>20338832
>just buy puts on SPY

fixed that for you

>>20339110
>better than the silver chart?
No I'm still heavily in on a leveraged silver long. Palladium is different trade with different money.

>>20339189
QQQ and Microsoft and SOXL
A little bit in basically the big boys from each sector. Companies that aren't going to go bankrupt any time soon and that slowly but surely go up.
Stuff that you have to wait years to see any noticeable gain.

Really I'm just waiting until after the election or when oil looks like it is done being a shit.

>>20338893
t. W.D. Gann

>>20339071
Listen, the 10k is gone. Cut your losses and move on. Don't gamble away the rest of the 15k. Amateur traders get hammered 90% of the time, the odds of you picking it up from here are slim to none.

Now, if only I could believe this myself.

poorfags here lol. just get a decent job and throw your excess wages into dips. why are you people so retarded or make this complicated? I've done this for like 5 yrs and I'm at 100k, most of it tax free gainz. also fuck coins

>>20339374
I had a decent paying job before covid, and can get lined up with some other pretty decent ones. Also have some spare cash on the side just in case. The goal isn't to work for more cash, it's to generate passive income or just make fuck you levels of money so that I'd never have to work again

>>20338945
I would suggest to do some DD on the company. Analysts have price targets over $20 and their oral vaccines have shown to be more effective than injections with other viruses like the flu. They have good potential and their balance sheet looks good, plenty of cash on hand and low operating costs.

>>20339465
What's the price target for tomorrow?

>>20339533
Idk, maybe $14

>>20339415
agreed, but i think a lot of poorfags here have maybe 1-3k in savings and buy ICO's hoping for their big break or shit tier stocks that someones pumping.

might sound boomer but like, just buy visa or companies that are off ATHs and wait.

>>20336555
Yes

>>20339374
you're so retarded if you don't buy every major (btc, eth, link, bsv) crypto dip. its easy 5x's if you wait for 2-3x+ retractions. admittedly bsv is riskier since it's a total con job.

other than that, yes, this. you're an idiot if you're focusing on this instead of your job / career development.