/biz/ - Business & Finance

Come on baby. We need an oil pump

/smg/ is here

>>20494305
Link to previous thread for those interested
>>20487017

HOOOOO GOD OH GOD IM GONNA HUH HUH HUH IM GONNA (embed)

fuck tripfags

>>20494192
I've got my 401k contribution set at 23% so it's set and forget. my fun investing account has grown faster than my 401k though and I also put $200/mo in robinhood for playing around. the 401k provider my company picked blows so I can't do anything interesting with it aside from shove everything into admiral class vanguard funds

NIO green monday

Thoughts on NEE? Charts look great and FPL is an extremly profitable company

>>20494420
23% is really high

my match is 3%, i've got my 401k set to about 10%, split ROTH and traditional
once you hit the tax boundary, better to just have the money hit your bank account and flow into your broker normally, then you can use that money to buy properties etc.
IMO

I love stocks and anime and I hate women

>>20494454

>In a defensive sector
>Yet still grows like a growth stock

What's the catch?

>>20494494
ah, i see you are a gentleman of refined tastes as well

i hate stocks and anime but i love women.

some of u will never recover from this week

>>20494546
bro....?

>>20494465
My match is 0%. it's great. I max my 401k and IRA and put a little more than $24k/year in my other accounts. I'm considering getting my first investment property next year or the year after. Currently I rent out the extra bedrooms in my house. I've been playing catch up since I wasted most of my 20s but I've already passed where I ought to be just have nothing to spend the money on really. I'd rather keep piling it up honestly.

>>20494546
women are a waste of money

I bought cheap long holds for the past 3 months like XOM and KO, want to switch to something a little more risky with an upward trajectory. Been lurking /smg/ for a couple days, taking notes and after weeding out the more obvious scams I'm left with these four pumped up mega memes and can't decide:
ATOM
LVGO
CRWD
SRNE
Only buying one more stock this month, which should I get?

Moshi Moshi

Would it be dumb to get in cruises or airlines when the vaccine news comes tomorrow hoping for a rally? When will we get a May 29th - June 9th type of rally on NCLH?

>>20494569
it would be better if your match was anything but 0%.... that's free money (after tax !!)
Oh well, if your match is 0% and you can't get a better job with a higher match then you have to do what you have to do.
sounds like you are making the most of it

>>20494560
>muh market will crash
>every quarter same messages

CAPR chads wya?

>>20494608
* i meant (pre-tax !!)

>>20494454
Great swing trade stock, I'm holding 20% of my account in it right now

>>20494465
You will never be told "I like you" by an anime girl, why live?

>>20494533
It's just the standard of what it takes to post on /smg/
>>20494546
Faggot
>>20494560
I see /wsb/ getting destroyed, but we should be fine.
>>20494571
I don't know a single one of these.
I'd recommend you to buy a stable foundation before moving on to memes desu.
>>20494585
>Vaccine news
Happen every single day.
I might actually buy some tourism stuff soon but right now it's too early. Tourism is dead atm. and some companies will kick the bucket.

Where is this oil rally sentiment coming from?

Anyone have any predictions on AAL? I sold a few covered puts yet I am still apprehensive

>>20494664
I love you, Anon.

>>20494664
I have a 3d woman right now who is telling me "I like you" (for the first time in over a decade)

it isn't the same, but it still feels pretty good 2bh

if you can, try and be really attractive and get some 3d thot to tell you this, it helps build your self-esteem etc. it feels good in your soul

>>20494687
If the S&P pump then Oil will dump.
If oil pump then S&P will dump.

Simple has that

There's so much capital sitting on the sidelines right now because they fell for the "muh double top" and "L shaped recovery" meme. So many hedge funds losing clients right now because they didn't expect fed to commit to so much stimulus so fast (unlike 2008). I genuinely feel sorry for the people here who are "waiting for the next big dip". You had that chance 4 months ago. Even putting money in 1 month ago would have great returns. Until the fed starts talking about quantitative tightening and rate hikes, probably around late 2021 to 2022, no much is going to happen outside of the occasional 5-10% dips that give all the permabears a false vindication.

>>20494652
No reason for CAPR to rise anymore

How do i invest in cunny?

>>20494868
By going back to whatever shit board you came from

>>20494868
Easy:
W

>>20494868
Chest is too big.

>>20494726
Doesn't do anything for me anymore. After the last girl I fucked I was even depressed for a day because I just realized how meaningless and empty that whole thing was.

I just don't care about women anymore and I think I lost the ability to fall in love. Women bore me to death, I can't stand their attitude or opinions and most have nothing to offer but sex. Which is very very boring without love. And I don't need validation aside from the Strong.com app showing me I got a new bench PR.

Maybe some people are just meant to be alone.

>>20494868
B
A
S
E
D

>>20494915
Sorry sir please accept my apologies Master anon if you please i'll return back to my humble abode in r/hentai.

your sincerely Sir peepee poopoo

>The worse the infighting EU looks, the higher the chances of Italy or Greece leaving the Euro, the higher the value of the Euro pumps
A bit absurd, isn't it?

>>20494972
I thought like that too, in some ways I still do
I'm naturally a person who is OK with being alone, maybe most guys are, but especially for me I could live alone in the wilderness for the rest of my life with no issues
but then this girl kind of came on to me saying how much she likes me, how she finds me attractive, etc.
it feels pretty good, no lie

women are kind of meh overall, it's true

but some times there will be a woman or two (or three) who will be friendly and soft and they smell good and they will make your life better and not worse ; that kind of thing.
in those cases they are alright. but if they are trying to slide you some bad deal, tell them to fuck off
also I know that you are super cute and deserving of true love ~~

>>20494972
sounds to me like you fell for the american urban woman on birthcontrol meme
these creatures arent in tune with their natural biology which is something you notice on a base level and this is why your experience felt so hollow

>>20494507
FPL is set up to produce massive amounts of power for the hot Florida summer. However, in the winter it is 60 degrees and people use much less energy. FPL ships that power via high power tension lines to northern states to provide heat in the winter.

>>20495073
Well both Italy and Greece are dead weight.

>>20494804
My understanding is the majority of the stimulus ( printed credit ) is sitting in the stock market. Retail and institutional investors have nowhere to park the money. Even if a 5-10% dip happens, we'd see inflation up the wazzoo in day-to-day economy, ie consumer goods, wouldn't we? That'd lead to a riot in the market forcing more severe liquidation of stonks.

>>20495206
Italy is actually a net contributor anon.

>those two anons who were arguing over ETFs yesterday

>>20495147
I'm a Euro
Let me tell you I've been around enough to know that women are the same everywhere.
Iranian women cheat on their guys and they on them. Iraqi girls have 3 boyfriends, and they have 2 girlfriends.
It's not some US thing.
>>20495206
They are, but they keep the Euro low in value. If Germany would switch to a new DM the Euro would be Somalia tier garbage and you would need 10 USD to buy bread in Frankfurt.
The fewer southern European nations are in the Euro the more valuable the Euro gets. Which is not necessarily a good thing for export economies like the Netherlands or Germany.
>>20495135
Maybe some will show up. Maybe not.
Whatever will be, will be.

Where my nervous tqqq chads at

>>20495298
Which ETF?

>why yes, I'm pure cash waiting for some moderately big dumps this week, how could you tell?

>>20495337
>tfw jumped ship
feels brettygud, I'll hop back in the dip

>/biz thinks earnings are going to cause a dumo
this is unironically bullish

>>20494440
FALSE. NIO crashes down another 15% on Monday

>>20495254
Huh, you are right. Sorry to all tagliatelle eaters then, keep up the good work.

OILCHADS RISE THE H*CK UP

Why do I never see gold/silver mining stocks mentioned in /smg/?

>>20494546
>hate stocks
bluepilled and not based

>hate anime
extremely based

>love women
ok

>>20495433
They've spent the last 8 days constantly talking about them retard.

>second lockdown
>wear the mask
>get vaccinated

>>20495370
Please god no I don’t think I can handle that

>>20495433
this is not a boomer thread

>>20494804
“Waiting for the dip” is always a bad idea. otherwise smart boomers always fall into it.

>>20495463
Nah, I just buy guns and confederate flags and I don't even live in the south.

>>20495474
Should've sold already. This Chinese PnD scam stock is going to $7 and there's nothing you can do about it

>>20495486
welcome to the based club fren

>>20495416
Does this look stable to you?
The Italian central bank owes money worth 25% of the Italian GDP to the German CB.
Italy is financially a failed state.

>>20494833
option volume friday for CAPR was 5x the normal amount 95% of it was calls 5% puts

https://marketchameleon.com/Overview/CAPR/OptionChain

>>20495463
Weihenstephaner is based
Best wheat beer you can get really.

>>20495433
Go to /pmg/

>>20495517
The problem with Italy is all of the Italians that live there

/Tech heavy with a fat hedge in GDXJ and SILJ/ chad here

>>20495452
>>20495482
I don't visit this thread every day.
>boomer
kek. Yeah I'm definitely not a young millennial looking for opportunities to make life changing money. Fuck outa here with that shit. I'll just take my ideas and research somewhere they are welcome then.

>MSFT will beat earnings
Thoughts on TSLA beating earnings y/n?

>>20495616
>young millennial
Don't you have a highway to be blocking for George Foreman protesting?

>>20495616
I'm sure we will miss your life changing ideas and research

>>20495532
Remember a few months ago when a huge number of calls for ET was bought and everyone was claming this is an insider and it will pump.

Yeah it dumped down a lot the following weeks

>>20495433
That's like, sooo 3 months ago. Scam EV companies are the new hotness.

>>20493916
>>20494019
MSFT is safe and boring so it's good for long hodlers, bad for gamblers/daytraders. By the way, TSLA is still a good buy. Sure, it's a bit "expensive" but compared to gold and the future prospects of the company, I think it's worth the price it has now, in fact it's still cheap.

just woke up. Why are oilbros feeling bullish? AZN vaccine?

>>20495620
Just wait for AMD earning, literally free money

>>20495704
Elon's corporate NASA
cars

>Fed probably going to announce "why does inflation matter?" this week
>ECB trying to take the lead on the printer scoreboard
Unironically why shouldn't everyone be getting as many commodities as possible right now? Boomer rocks, copper, bushels of wheat, oil, whatever. We heading back to barter system with useless fiat paper.
>>20495590
Don't long hold those ETFs. All commodity ETFs will eat your gains because of expense ratios when the purpose of the commodities like silver and gold is to lock in purchasing power.
Trade the contracts, buy the miners, buy the royalty companies, and the metal yourself.

>>20495339
>>20471508
See for yourself
It all started with >>20480108

>>20495704
overall stupidity, Missed the realisation that oil won't recover immediatly

so do you guys think gold would be a good thing to go into before the next stimulus is announced? Or would there be larger returns in something else like oil.

>>20494617
Oh but he's right, the south and coasts are fucked, every country is on their second wave. Better get more stimulus cause unemployment going up still

>>20495818
>gold would be a good thing to go
Why would you think that?

>>20495872
The government and MSM are messaging for political purposes, not because anything is actually happening
Turns out a Florida hospital that was claiming 100% COVID positive ratings for its patient population "accidentally" overreported by 10x. And that's one hospital.

>>20495917
inflation caused by monetary printing has traditionally caused gold to go up

>>20495818
Commodities in general
>oil
On its own cycle that won't do anything until the Fall.

>>20495792

Appreciate the advice anon. I have been holding them for only about a month off compelling advice from this board and they've obviously done me well, I'm pretty clueless on how to DD miners so I'm thinking I'll just DIY follow the ETF allocations on the top holdings

>>20495938
>justthenews.org
Hahahahahahah

Do you know anyone who died of covid? I do. And youre a faggot

>>20495951
>inflation caused by monetary printing has traditionally caused gold to go up
That's not how it works anymore. It's like you married a traditional Christian girl not knowing her body count is 200 above.

>>20495988
Where do I apply and what's the salary at the FBI shitposting department?

>>20494560
any cute earning plays for this week?
so far im thinking cadence & maybe limelight for a short term hold

>>20495988
>Do you know anyone who died of covid?
I don't even know someone who knows someone who had it.
It's boomer flu.

>>20495988
>1 post by this ID
Here come the Branch Covidian shills. The average age of death of a covid patient is higher than the average life expectancy of an American.

>>20496017
>FBI
Wow the IQ on here really is luke warm. Must be nice being a complacent pig. Wish i could ignore science and facts. Oh well

I have 4k I want to park in a Covid stock until October. I've been looking at VXRT and think that's where I want to put it. Thoughts and suggestions?

>>20496058
Great fact and science based argument

>>20495330
you are german right
get strong (powerful) with some of the alpen lasses and see what happens
get them pregnant if they seem ok, you have to take a chance. there will be no 100% easy play, you have to find the best shot you have and take a risk
the mountain life is for the real men

>>20496021
My aunt caught it but lived, with treatment at home not in hospital, and she is an unhealthy American (ethnically mostly German)
so maybe 1/100 people I know caught it

>>20496021
>boomer flu
You sir are subhuman scum. Kys. And go back to grade school

>>20496025
He comes pol fags at age 21 thinking they’re enlightened.
>they are going to die anyway
That is such a weak bait argument everyone dies eventually . Its called ethics you fucking mongoloid

>>20496058
No seriously. Sounds so fucking easy, I mean clearly you don't have to even remotely try. Case in point. I would like free money, too. Share the love, bro!

>>20496090
diversify a bit, don't ever go 100% into anything

>>20496092
FBI bro, thats who astroturfs 4chan with psychops

FBI buehahahahahahah

>thread went to garbage literally 5 minutes after facebook boomers showed up and they restarted their covid-19 rambling
See you tomorrow, thread.

who else held over the weekend?

>>20496114
>You sir are subhuman scum
An honest to god twitter faggot/reddit nigger

>>20496186
Good one! Did your circle jerk fags approve this message? Go back to your boogaloo movement faggo

>COVID is boomer flu
Anyone who believes this deserves to have their family taken from them . Youve been warned

>>20496175
It's funny though. It's like ringing a dinner bell any time you make a post pointing out the hysteria surrounding a flu that isn't the plague we were promised they show up like moths to a flame.

>>20496211
Another amazing argument!

>>20496219
You are part of the facebook boomer rambling problem.
Peace.

>>20496277
I'm going to see how many times you claim you're leaving but still reply. It's like MySpace.

>PEP beat q2 earnings
>KO reports earnings before market Tuesday
I might actually go all in

Could people freak out over obesity like they do flu?

Would be helpful if.they had that capacity to connect various ideas in.a structurally sound way and realize the negative.impacts of obesity in usa.are.worse than covid.

>>20494305
What is happening in oil? Are we going somewhere?

Here's a list of this year's major retail bankruptcies, so bullish!
RTW Retailwinds (July 13)
Muji USA (July 10)
Sur La Table (July 8)
Brooks Brothers (July 8)
G-Straw Raw (July 3)
Lucky Brand (July 3)
GNC (June 23)
Tuesday Morning (May 27)
Centric Brands (May 18)
J.C. Penney (May 15)
Stage Stores (May 11)
Aldo (May 7)
Neiman Marcus (May 7)
J. Crew (May 4)
Roots USA (April 29)
True Religion (April 13)
Modell’s Sporting Goods (March 11)
Art Van Furniture (March 9)
Bluestem Brands (March 9)
Pier 1 (Feb 17).

>>20496399
Insulin resistance is the Voldemort of the west- he who must not be named.

>>20496307
I wouldn't expect much movement if any from KO after earnings. It already jumped 3% this week to finally go green for the month. I'd say the earnings are *mostly* priced in.

Tesla is going to rally past $2,000 next week. These guys beat expectations and surprised analysts with record deliveries in Q2. Hope none of you are trying to short this unstoppable behemoth.

>>20496250
Argue? dont need to argue son. Im adult i have conversations. Im not the one trying to discredit lawyers and doctors, people who are way more credible than you. I run a business and employee people unlike you altruistic keyboard warriors.

>boomer flu
If you believe this you deserve to lose someone you love

>>20496436
Looks like nothing but boomer stores to me.

>>20496483
Take your meds
>>>/x/
Or tell us where to get paid for these lowest quality shitposts.

>>20496483
People who believe it are not capable of love.

Should I be scared

/smg/ ...is this your life?

https://www.youtube.com/watch?v=FWAaSqJXa8w

>>20496533
I hate millennials.

>>20496578
Aren't the vast majority of people here millennials

>>20496515
Where is intel?

>>20495492
Chinese govt is literally backing nio. Tesla is making cars in chinese market now, what do you think will happen? They will copy it just like they do everything else and sell it for cheaper.

>>20495794
So many words over nothing

>>20496090
Do a mix of AZN and GSK, but do not buy the AZN tomorrow morning, unless the report that will be released is ambiguous somehow.
(I am already holding).

The new Operation Warp Speed boss is an old Glaxo employee, the new swamp is here and nobody gives a fk. Glaxo has a very good chance of coming up with a functioning vaccine anyway. Both of these investments should gain 20-30% until October and even with a catastrophic fail, you should get back your investment within a year. IMHO risk-free.

Or just do Amazon and gain 10 - 15 % until October.

>>20496436
I recognize 6 of those.

>>20496640
Thursday after close.

>>20496695
Wow I am blind, ty

BLOOD RED WEEK

>>20496533
I set a plan the day before about what companies I will invest in.

I wake up at 9:25--5 minutes before the opening bell. (Working from home because of Covid-19)

Have the chart open in 1 tab. (I have one monitor).

Buy the daily dip.

Never sell.

Go back to my real life.

Day trading is a meme. I just invest and make passive income while focusing on my actual career.

I can't fucking imagine waking up at 4am and watching charts all day. I respect her hustle though.

>>20496607
Yeah it's a pretty wide net, made wider by it's use as an insult. My take is basically if you were 10-20 in 99/00 you're a millennial.

>>20494804
>he doesn’t realize that easing is actually bearish short term
Oh no no no no nooooo

>>20496507
It does appear that way

>>20496533
VLogging to get money from simps? Sadly not.

I wake up whenever, LARP a bit as a person who isn't retarded and usually only write some options on Friday or Monday.
That's it.

>>20496644
>Chinese govt is literally backing nio.
Yeah I'm sure they are somewhat; but they haven't been able to stop the wave of selling so far. What makes you think they will be able to reverse the trend from last week?
>Tesla is making cars in chinese market now, what do you think will happen?
TSLA, having more time of development and evolution, will squash NIO like the bug it is.
>They will copy it just like they do everything else and sell it for cheaper.
They will try and they may succeed; but if they do, it won't be for a long time. I.E. in the time it will take them to reverse engineer a TSLA car, TSLA will gain market share and advantage. Also, NIO/TSLA are LUXURY cars in China meaning price point isn't *as* big of a factor in purchase decision. AI/ Autonomous Driving & Features are bigger factors.

>>20496803
I do this to. But I get up a bit earlier during the week. 6 - 6:30 a.m. Get cleaned up, fix some breakfast and drink my coffee. Then go about the rest of the day.

>>20494305
What stocks is everyone looking at for this week?

>>20495872
Doesn’t mean the market will crash.

Literally if trump is in the office you have to be a moron to bet against America. Shits price fixed it’s not going down

32 percent of Americans did not make a full on-time housing payment in July, up slightly from 30 percent in June.
Missed payments continue to concentrate among renters, young and low-income households, and residents of dense urban areas.

>over a third of households can't pay for housing
>meanwhile house prices continue to rise

>>20497052
Gonna probably buy back my HAL shares after earnings

>>20496090
I agree dont go all in on VXRT, but I've put a good amount into it and would recommend having some of your money in them as they are a dark horse in the vaccine race and has potential to multiply a lot if they can do well. I trust you have done DD on VXRT before considering buying into them as well.

>>20497102
Nice. I have $6k ready to hold Tesla this whole week

>>20497150
May Elon smile upon your capital

what about baba? is it a risk investing in them since they're chinese too?

>>20497325
yes
buy a little, not a lot

Is AMD going to drop to 51 next week before the earnings?

>>20497370
itll drop a week before earnings and recover and drop again right after earnings

>>20497098
Will the Fed start buying houses?

>>20497414
Is TSM on a slow, steady march to reach the heavens?

>>20496515
>Should I be scared
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>20496754
I'm excited to watch the capitulation, silver and gold can keep rising, gonna be fun

>>20497462
QCOM or TSM? Hmm

>I'm excited to watch the capitulation, silver and gold can keep rising, gonna be fun

>>20497492
Pretty sure gold gonna go down to February levels before going to 3k

>>20497462
Hilda best girl
Jim best boy

I don’t see any catalysts for it to rise to the heavens, but i think it’s solid and I’m comfortable leaving my money in it.

>>20497420
Don’t have to, foreign money is happy to keep values high.

I'd like your guys opinion on the viability of analyzing the Robintrack.com change data's second differences over time to get a robinhood user acceleration chart, in order to provide more accurate data ahead of time about daily upcoming pumps. Does a project like this exist already? Does this seem like it could provide some value?

debating running this weekly condor for msft desu

>>20494571
CDEV and CPE

>>20497753
You'd probably have to look at it over time to see if the data was really useful for predicting anything

>>20496533
God damn it.
I don’t know why but I hate her accent and her “oh look I’m a daytrader here’s my sexy pole dancing class!” Shit. Her friend from class looks cute though.

>>20495808
this guy definitely sucks big dick.

>>20496803
that sounds fucking retarded.

>>20497857
fair enough, well they've got an api and do a historical db dump every night, maybe I'll go make that and track its performance on paper for the week

>>20497662
Never liked the meek types myself.

>>20497824
>CDEV

My first free stock from WeBull lmfao

>>20497796
wouldn't run it for now since we're just past a pretty decent "speedbump" dump, which could result in a large correction (think MSFT to 250 in 1-2 weeks). Not to mention earnings are coming, which will move the stock too.

>>20497753
>Robintrack.com
Redirects to a buy page of 100k

>>20495988
my fathers mexican coworkers all tested positive. one of them has 4 brothers that died in mexico with corona like symptoms

watever im stacking cash witta that fed money

>>20497966
Melfina is the meek one.
Hilda is the outlaw who stole her and the ship and leaves them with gene.

Aicha is just too tsun, and overconfident despite being dumb.

>>20497994
Yea lots of institutional buyers in that stock. Could explode next year if oil rockets back or any kind of catalyst.

>>20497860
*Teleports behind you*

Hehe. Eat katana, kid.

*Slices you into 100 millions pieces in one swoop*

Nothing personal.

>>20497604
Not necessarily.
https://goldsilver.com/blog/how-would-gold-perform-in-a-second-stock-market-crash/
>>20497516
>Clear technical and Marco signals of soon to be historical highs
>Not Cashin in on this
Just burn your money man. You clearly don't care about it.

/smg what is your opinion on the Random Walk theory?

>>20494560
So my AAPL is safe this week

>>20496436
Ah yes, JCP. The “amazon acquisition” for the whole purpose of using their stores as storage space

>>20498120
Slapping myself for forgetting, now I need to figure out which unlabeled CDRs have my bootleg HK fansub on it.

>>20498044
whoops, sorry I meant robintrack.net

>OHIO HEADING IN WRONG DIRECTION AND 'COULD BECOME FLORIDA' AS CORONAVIRUS SURGES, GOVERNOR WARNS - CNBC

NFLX is going to moon tomorrow

>>20494305

Asia will estimated import over 31 milion barrels a day in 2025 becaus life standards is rising , take in addition the demand of west and south america. There is going to be huge spike in demand letting XOM become the #1 once again.
No tech , no fancy Musk but Oil industry will show huge gains after covid is over the next years.
Mark my words.

Oil at 200$ end of 2024

Why would the price of memetech stocks ever fall? Just buy AAPL/MSFT/AMZN and keep the ask price at least 1% above the open price at all times throughout the day. Refuse to sell at anything below the new ATH.
Track anyone who sells below that and shoot them in their beds

Are you guys expecting more or less volatility this week compared to last?

>>20498477
Finally watched this movie this weekend. Bretty gud.

NFLX is going to moon tomorrow

>>20498543
VERY based movie. Daniel Day Lewis is a boss.

>>20498477
Yep also india is now signing a contract to buy from the US and store its reserves in the US. Should be huge for Permian Basin producers

>>20498206
Not going to read a book for the 2 sentence strategy desu

Rundown?

Red day monday. Cause I want cheapies again. Lots of uncertainly with unemployment running out and stimulus check discussions and earnings all happening at once. Gonna be prepared at 9:30 to transfer some green and get my buy orders in.

>>20498669
There is no reason for following fundamental and technical analysis because everything is random and you can't win.
Markets are highly efficient and totally random, you are better off buying and holding and never doing anything.

>>20498764
what a bunch of typical academic none-applicable egg head bullshit.

>>20498797
agreed, if everything is random then it feels helpless

>>20498764
>Markets are highly efficient and totally random, you are better off buying and holding and never doing anything.

I strongly agree with this statement. Trying to time the market is futile.

>>20498764
It’s not as doom and gloom as all that, but it does make a compelling case for buying ETFs and not paying mutual fund managers their fees.
Which is one of the things that spooks me out of buying Kathy’s ark ETFs.

>>20498797
>non-applicable
Highly applicable
If nothing else you should learn not to pay for active management and not to expect to outperform the market consistent year over year. Which I apply by ALWAYS having at least 10k in VTSAX.

Basically you can expect to know a sector or two and a company or two very well. That might not outperform every year, but if you’re always watching it you should know when to buy more, and have confidence in your decisions.

Fisker the electric car company that went bankrupt back in 2012 is back on the market and will release an IPO at 10$ a share on August 17th to help fund its new car, Anyone else thinking of investing or has NIO and Workhouse burned you too hard?

>>20498206
>Random Walk theory
It's inapplicable to retail investors and you can beat the market long term. I'm not a hedge or prop fund, I don't have to own hundreds of stocks that dilute my performance to down to what you would get from a index ETF. I can take on as much risk as I want on whatever stock I think will have high performance. I can instantly enter and exit my positions at the market price. I'm invisible to market makers, no one is trading against me personally, just retail traders as a whole. My decisions are my own and I can act on them, they don't have to be approved by a greater organization that is at least partly full of idiots driving down performance.

Proponents of Random Walk always have the same advice, you won't beat the market so you shouldn't try instead of accepting that a vast number of people will beat the market long term and you should see if you have the ability to do it. Anyone can overweight their portfolio high performance stocks in the T. FAGMAN and beat the market. Of course Random Walk would discount it because they think there is more risk, but risk will always be subjective. I would rather own few solid tech companies than a whole index that that has much more exposure to greater market events. When the Nikkei crashed, I'm sure the people who made out the best and retained most of their money were people with a few solid companies. If you had the index, you would have been so fucked, plus you wouldn't have sold because "timing the market is impossible".

>>20498933
Let's try.. seemingly random. The assertion that markets are truly random is ridiculous and farcical. Market psychology suggests we're naturally shit at predicting it. Also to say not to purchase companies based off of fundementals is retarded. Just because in the short term markets seem detached doesn't mean itll be the case over the long term

Futures when

>>20499143
2.5 hours

>>20499095
>T. FAGMAN
Just accept that it’s FATMANN. Maybe A FATMANN if you want to include AMD.

AMD
FB
AMZN
TSLA
MSFT
AAPL
NFLX
NVDA

>>20498991
yes ok, buy and hold an ETF forever is great. but the idea that price movement is totally random is just garbage to me.

You are now aware of the tongue in your mouth.
How do you let it sit there? Against your teeth? Curled up? Wide? Small?

>>20499069
They are not the same company. Henrik Fisker's first auto company Fisker Automotive went bankrupt and sold off to a Chinese company. Henrik Fisker then created this one.
>IPO at 10$ a share on August 17th
It's technically a reverse IPO, they're joining SPAQ, but do you have a source for the date? I didn't think they had a set date yet and thought they were aiming for some time in the fourth quarter.

>>20499095
>solid tech companies than a whole index that that has much more exposure to greater market events
this just assumes there isnt a tech bubble and never will, because if so only holding a single market segment exposes you to much more risk than a broad index

>>20494560
What happens if NASDAQ itself is delisted

So the contribution limit for a TFSA is $6000 per year. If you have contribution room of say $40000, can you deposit the full $40000 in one year if your TFSA account is at $0? Or are you limited to $6000 every year?

>>20499223
pressed against the roof of my mouth like a chad

>>20499269
Yes, you can contribute the entire portion.
T. Puts in 10-15k annually

what time do futures start trading on weekends?

>>20499223
I’m mewing

Market gap down on Monday?
I'll probably try and get in some ROKU puts cause it has space to crash to $135.

>>20499221
It isn’t “really” random but mathematically it is convenient to treat it as such. Makes finance math possible.

>>20499341
6. Est

>>20499359
i have some huge puts for tomorrow it better crash like everyone has been telling me

>>20499249
QQQ is 100 companies, nasdaq is thousands. Even if Tesla and a few others are obvious bubbles that doesn’t mean the rest aren’t highly valuable. 100 tech companies = diversified portfolio.

>>20498764
Unironically, I agree with the "Stonks only go up" book to a degree.

There's no reason to sell at a loss unless theres a bankruptcy, which even then Hertz proved wrong. It will eventually all go up given enough time.

However, there's definitely money to be made day trading. You just have to be autistic and keep track of numbers non stop.

I think I've made 40% gains on same day trips/less than a week hold and 60% longer holds.

>>20499269
>>20499334
There is some kind of backward-facing acceptance for TFSAs, but you should look up the specifics. I know my advisor recommends I seek consultation before overstuffing my tfsa for a year. Don't forget, your limits are also the sum total of all contributions to all your open TFSAs.

>>20498389
>>20498557
Shut the fuck up

>>20496515
well, it depends on your positioning

>>20499442
he said "a few" though, missed that on my quote

But even 100, i wouldnt bet on that very long term with all my investment, currently with tech booming, sure

Guess what anon? You made it!

>>20499531
I would but NFLX is going to moon tomorrow, sooooooooo.....

>>20499442
>QQQ diversified
It's 11.5% apple, 10.5% Microsoft, 8% Google, 8% amazon, 40% of QQQ is 4 companies

>>20499578
sorry im retarded, what's the difference between QQQ and TQQQ?

Tell me SPCE is gonna drop $2-3 tomorrow

My positions are gonna tank tomorrow but that's okay because I sold overpriced calls NIGGA

>He bought at high volatility?
>Crush the IV

What does moon mean?

>>20499578
is there an ETF that just deals with apple, msft, google, and amazon then? fuck the other companies

>>20499770
finna drop deez nutz in your mouth

>>20499707
TQQQ is 3x QQQ.

>>20499707
TQQQ is triple leveraged index fund that aims to triple the returns of QQQ. TQQQ holds numerous different nasdaq100 etfs, contracts, and QQQs individual constituents

>>20498764
Fucking super kek if you believe this. Its.a.competitive game you have to be in the extreme top percentile thats all so for majority that is great advice.

>NO SIGN OF CONSENSUS AT EU LEADERS DINNER: OFFICIAL

>EU LEADERS NO CLOSER TO RECOVERY FUND DEAL: OFFICIAL

>>20499554
Holy crap!
Are they going to throw money at them like Debtor Donnie??

>>20499563
>>20498389
>>20498557

You bought your bags at the top, didn't you faggit? Lmao

NFLX will go down at least $100 -200 on this weeks earning reports. Prepare to get ass raped lmao

>>20499852
Just do it yourself.

>>20499927
if he shills it here non stop he might get back to break even in a few years

Majority of big tech are going to beat their earnings. The most important one to watch is going to be TSLA. Whether they beat their q2 earnings report or not is going to heavily impact how people see the company and whether it solidifies itself in the SP500

>>20499930
To wit

An etf is the opposite of "i want these companies" strategy. If you want x companies dont use an etf just buy the shares.

The point of etfs is because you want broad exposure and not.picks.

Conversely you can do % picks and % etf to weight your account how you want.

I thought futures were opening now? Is there some reason I can’t see any numbers changing?

>>20499978
Cum back in two hours

>>20496114
>NOT MY BASED BOOMERINOS! NOT MY HECKIN NONAGENARIANS!!1

>>20496515
Concerned but not scared
It’s easy to be bearish

>>20496436
True religion is on there, nice maybe I can go pick up some of their ugly jeans for cheap

>>20499554
It's really going to single handedly carry my portfolio, isn't it.

>>20499851
It means it follows the moon's cycle, it waxes and wanes

>>20499968
I believe so and even then whats nvda 370 vs 400 or google 1400 vs 1500.

The actual interesting earnings are in the boomerconomy

Even netflix which had a huge haircut is a laughable drop from how high it is and has gone.

>>20496211
Nigger, I had it, I've had more debilitating colds

N O T H I N G B U R G E R

>>20499905
they will split euro to north-central euro and southern euro or italy takes lira back. germany that virtually is debt free dont want to share debt
with indebted southern euro countries who have been counting on that they would share their debt at some point

>>20500042
So on tech its a nonsense quarter. At most you get a 2 week pullback which spring back in august fully

>>20500073
Yeah europe is... Not where id invest. Too much of an elite fuck up situation.

>>20499249
I wrote a long post but I accidentally deleted it. In summary, I don't think it's that useful to only consider risk, total risk reward is more appropriate. Holding a broad index gives you more exposure to market events but each event will be less damaging. Holding a few great companies will have lower exposure to greater market events but each event that does affect it will be more damaging. The risk reward ratio, if we could easily calculate it and we can't, for these two positions would be similar, if not better for the tech option.

We also want to consider that low performance in the equity market increases the time you are exposed to it and that comes at a higher risk. I've taken on more risk to 10x my account than someone holding index ETFs but once I reach enough money, I'm going to be much more diversified than them because I can focus on just retaining it.

>>20500055
dude my sister has it and she’s been horribly miserable for days

it’s real and it’s bad, only trumpfags deny it

>>20500055
If it was a nothing burger, the Army wouldn't ban people that had Coronita-chan from joining.

They'll let anyone in, even literal faggots.

>>20500117
Dude the prob with massive gains is you have to draw out selling for tax advantages. So the probabilities put you in states where you need multiyear great companies to hold as part of your 10x shaping.

The odds and moves you can make xhange substantially

>>20498477
I DRINK YOUR MILKSHAKE

>TFW no biru meido shogi ranker gf

>>20500073
Oh my what a comfy cutie anime girl! And a big tiddy peak at the pitty...
>germany that virtually is debt free dont want to share debt
Merckle and macron recently decided to loosen the purse strings! Agreeing to share the debt! This is big, germany finally trying to get over the scarring from Weimar hyperinflation.

Unironically I think the US riots were a big part of this. They saw how things could get if they stayed shutdown too long and if unemployment became too severe.

>>20499356
Based cope

>>20500123
I know people who had it and they said it was literally nothing, only doomerfags deny it

>>20499498
>I think

That's the thing bruh. If you put all that math on the paper, you probably didn't make more gains.

I'm a retard researching investing. Why isn't Vanguard one of the recommended brokers in the pastebin?

>>20500123
yes it's real. how often you hear a cruise ship that 12 people die on of a flu? altought all were elderly. but it's not a great plaque or anything that kills 40% of population that would warrant lock downs. lock downs cause more long term damage and deaths too. there wont be vaccine
for it outside of news headlines, that truly works.
then logically you just let it go cause there is nothing you can do to minmize damage.

>>20500223
Most probably dont realize

>>20500123
>>20500223
>muh one person I know had this experience so I’m basing my entire view of the virus on it
Maybe, just maybe, severity depends on a variety of factors some of which are completely random. The CDC must look into this shocking hypothesis

>>20499211
>no GOOG
>fagflix
>no TSM
t. fagman

TSM
Facebook
Apple
Google
Microsoft
Amazon
Nvidia

>>20500269
Etf holders aren't our demographic. /smg/ buys individual meme stocks. Recently reddit has invaded our board and now there's more talk of options. But super diversified Etf long holders? Disgusting.

Should I hold my 60 TSM 7/24 calls before earnings or just get out because the dip

>>20500162
I have an advantage here since I'm Canadian and most of my gains of been tax sheltered in a TFSA. I keep a margin account for short term trades and I move any profit into the tax sheltered one.

For Americans, wouldn't the higher performance be worth the extra taxes?

>>20500285
IT DOES WARRANT LOCKDOWNS

I guarantee you that several million dead americans by the end of the year. Trump and his maniacal supporters have prolonged and worsened a situation that was largely preventable.

>>20499868
>TQQQ holds numerous different nasdaq100 etfs, contracts, and QQQs individual constituents
Isn't it almost entirely NQ100 futures? Seems like there easiest/cheapest way to 3x QQQ

>>20500123
>my sister has it
>horribly miserable
>>20500413
>several million dead americans

you're glowing

>>20500123
Yes and I had it and recovered.

>>20500413
where were you during blm protestts then? where were media? oh i remember, gathering for rioting was ok

>>20500470
i’m glowing? because I’m not a backwards idiot that ignores science?

What is the new on the oil front guys? We mooning tomorrow?

>>20500123
Your sister has the immune system of a 90yr old GRID faggot

SPCE chads rise up. $30 tomorrow, $40 friday

>>20500503
the protests were largely peaceful and wore masks which is more than trump idiots can manage, don’t let the media magnify what few small riots there were

So what are you all doing with your 2nd Govt checks? Gotta make them count you know seeing as they're the final ones you'll get. McConnell has said 2 is enough.

>>20500399
gotta love the TFSA, I keep my meme tech growth stocks in it.

The RRSP gets American dividend growing blue chips like Johnson & Johnson

The non registered is income orientated

>>20500494
proof or stfu

>>20499224
no your right I crossed it with some other Article about fisker and August 17 2017

>>20500539
the point is, likes of you, hypocrisy is showing. then nobody truly believes anything because of people like you who have made it political

What are your predictions for TSM this week?

>>20500399
What do you use to trade in Canada? I have a $100k in cash and I want to start trading but we don't have a robinhood equivalent

>>20500539
Youre such a fucking moron dude. Just kys. I can tell you wear bigass rayban glasses and have a beard

>>20500573
where's the proof your sister has it?

god you are brain damaged kill yourself

>>20497420
they already are

https://nypost.com/2020/07/18/corporations-are-buying-houses-robbing-families-of-american-dream/

>>20500123
tell your fat sister to stop gangbanging strangers

https://newsdaemon.com/2020/07/17/lannett-company-inc-lci-14-day-atr-is-0-49-this-stock-is-set-to-soar-above-its-peers/

Is this bullshit? I bought this stock because it was shilled here and I am down .70$ a share, should I hold or try to break even a 6.60$.

>>20500581
>made it political
trump did that when he got millions infected by directly contradicting medical professional guidance on masks, if he came out in march and demanded people wear masks then we wouldn’t be having this conversation because you’d be fully supporting the reality of the situation

covid19 is bad
it has changed our lives permanently

>>20500648
>it has changed our lives permanently
Hm? How?

>>20500399
Yes ofc its worth it. Its just the math of having higher principal in existing positions vs moving them and eventually having to pay.

>>20500587
Ya, no real robinhood equivalent here yet.
Questrade has low commissions But I don’t like their platform personally.

I use investors edge I don’t trade I might make 2 to 3 moves in my portfolios a month and that’s a lot.

>>20500587
>>20500699
Wealthsimple is the closest we have to Robinhood

>>20500648
Does anyone know why he was so against masks? Was it because it smears his make up or something?

>>20500676
For the sick it has permanently damaged their bodies
For the healthy it had changed our routines and outlook on life

The economy has been hit like never before.

Once the era of Trump has ended then masks will become a permanent part of life because it will no longer be political.

>>20500750
He’s just an idiot that wants to do the opposite of democrats no matter what. His followers are blind cultists.

>>20500754
>>20500789
please kill yourself and go back wherever you came from

thanks

>>20500754
Wtf are you even on about? Maybe for the next few years, but eventually things will just go back to normal. It's not like Corona will still be around and just as "dangerous" as it is now in 5+ years kek'd

>>20500829
The market will rugpull on idiots like you when it realizes how much damage you’ve done by not cooperating.

>>20500327
>no GOOG
oops! I forgot Alphabet!

>TSM
not a meme, doesn't deserve to be in this category. netflix is a memestock, it belongs.

>>20500587
Wealth simple comes closer. But don't expect the quality of the platform to be anywhere near quest trade or a broker like TD. What make RH good is no options fees, and low margin requirements. No Canadian platform has this

>>20500857
It very likely could last for the rest of our lives, viruses of this magnitude don’t just disappear. That’s what the market hasn’t figured out yet.

>>20500908
10 years ago no one would have shut down.

>>20500249
For work, we always look at P&Ls and numbers tend to surprise us in unexpected ways so I like to record numbers.

I sort of thought the same as you, but I keep track of my transactions on excel to keep track.

May be it's the market volatility but in my case, I am up 40% in day trades 60% longs

>>20500950
>>20500950
>>20500950
>>20500950
new

>>20500587
Wealthsimple is probably your best bet, we don't got much else really, but I like using it.

>>20500903
I have a BMO InvestorLine account but their fees are crazy. It was $35 per trade like 5 years ago now I'm sure its more. I also tried to sign up for an Investment Brokers account but I don't really know how that will work out as a Canadian yet. Low fees but need like minimum $10k usd in there or something + minimum number of trades.

>>20500587
I use and recommend Questrade. If you're only trading Canadian stocks, Wealth Simple Trade would be better since they don't have any commissions, but you also can't hold USD so you're going to be paying them a exchange rate fee each time you buy anything US listed. Interactive Brokers is the better option for option trading as their options commissions are lower than Questrade. Those are the big three, most of the bank brokers aren't very good.
>>20500567
I have no real use for an RRSP since I don't invest in dividend stocks. I'm thinking of starting one anyway because apparently if you're sued in civil court here and lose, they can't take money from a RRSP but they can with a TFSA. It would be nice to have some money that couldn't be stolen from me.
>>20500699
I switched from Investors Edge to Questrade. Questrade is simpler to use, the commissions are lower, and my orders get filled faster at a better price. The only issue I have with it is that every time I log in I have to see this image of a pondering black guy, I'm sick of it.

Xi is playing 4D chess while the braindead orange clown ushers in the beginning of the end for the American empire

LONG BABA TCEHY

>>20500754
we’ve got a grandmaster retard over here folks

>>20500908
I personally don't believe that at all, all the scaremongering articles that spread when the world first entered shutdown-mode will be disproven (or simply ignored) within the next 2-3 years. If it comes back every year season wise then it will only be minimal like when Ebola came back in Africa, eventually it will just die down into nothing

>>20500573
Nigger I was sick in February and got to stay home since lockdown came days later

>>20501220
The stuff I used was damn near useless but it did the job. It was strange how it barely cleared the virus considering having used it before for similar stuff.

Do I buy $5K worth of Delta airlines stock or what boys

>>20500413
It burned through Sweden with no lockdowns with a death rate of ~550/1m pop, it's a nothingburger. Cry moar bobo

>>20500539
>Masks are effective, that's why we need lockdowns!

Tsla price predictions for end of the month?

>>20500648
>corona-chan is bad
Heretic. Killing boomers and nogs is good, it's a nothingburger for <60 & not fat

>>20501434
Sweden isn't Muttistan though. Swedes socially distance by instinct. Mutts lick doorknobs cause Jeezus saves and owns libz.

>SPCE