/biz/ - Business & Finance

First for anime

FIRST FOR CLSK CHADS! Hope you bros bought the dip

SQQQuids how high will we rise tomorrow?

Today I will remind them

is there any scenario in which a managed fund is better than an index fund if the intent is to set it and forget it? I obviously dont have access to the millennium group. no, right?

welp, bought some kratos

4ourth for fuck anime

if NAK skyrockets for I could have got it before close, I’ll be pissed. I was going to get 200 stocks in that meme.

>>20631531
Certain select funds over short periods.

>>20631540
Anime imageboard tho.

>>20631534
I bought some this morning. Pumped hard today but dipped with the market crash.

>>20631553

Information about NAK from last thread:

*

For those who don't know what the potential of NAK is:

"We're talking about 71m ounces of gold, 57 billion pounds of copper and 340 million ounces of silver - in a conventional open-pit mine that remains open at depth and at least one other direction. In fact, a drill result outside of the defined resource returned 260 meters of 1.36% CU and 1.26 g/t AU!"

Pebble Mine is larger than every single mine which Newmont Mining owns combined. Newmont Mining is the only mining company in the S&P 500.

*

Bear in mind that the stock is extremely speculative. It all depends on whether Pebble Mine gets approved. If it does, it soars to unprecedented heights. If it doesn't, it crashes. Weigh the risk versus the reward in considering how much to put into it.

*

@mackvorkian, who got into Spanish Mountain Gold and Blackrock Gold before they soared 5x, said this about NAK a few hours ago:

"Plus the financing. Who does a multi million dollar financing just before a critical decision if they had significant doubts? And Alaska needs the jobs and taxes. And the Governor wants it. And the USA needs it for the Copper, Gold, Moly, Silver. It is way too big to leave in the ground. And a $150 Million Dollar NDM spent on enviro showed that it wouldn't hurt the fish. And $850 Mill plus!! I don't see how they can't give us a positive verdict tomorrow. Times up."

*

>>20631570
NOT WHEN I BUY 4CHANG AND BAN ANIME

>>20631567
but never for 30+ years? i plan on having active money too but for passive money, it just makes no sense

>>20631492
redpill me on CLSK. Why have they been up lately? I couldn't find much information on them.

>>20631492
reeks of poo

>>20631531
Something like 95%+ of actively managed mutual funds lose to passively managed index funds. Index funds are the set it and forget it investment vehicles now and for the future. Again, the index will be a choice but generally the big boys such as those that follow the SP500, NASDAQ, or DOW. You can also find total market index funds. Then there is no worry about picking wrong there you literally just average everything.

>>20631553
What the fuck stopped you? I mean I put all my volatility gains specifically into that shit with like 5 minutes to go before the bell. Even got some option contracts to buy more shares if I want.

>>20631617
Doesn't look like a sensible financial decision but it would be epic.

>>20631613

*

>>20630509

If the stock may go 10x, 50x, 100x, should the mine be approved, there is always time to buy. Look at this person on /pmg/ a few days ago for example, asking if he ought to buy at 1.40 or "wait for a dip": 19781320. Stock is now 2.23 and growing. Simply jump in the water and swim. You are either going to make an enormous amount of money, or lose it all, no matter what price you buy at. I already have a large position which I am up on substantially, (you can see I recommended it to /smg/ a couple of days ago as an "extremely speculative" choice >>20565719) and even I am going to add to it tomorrow. It may turn out to be an utter disaster, but I am willing to take the risk. Make sure you only buy whatever you are willing to lose.

*

https://www.doi.gov/pressreleases/trump-administration-supports-alaskan-infrastructure-development-mine-critical

>phone broke and I lost all my SMG lewds

>>20631644
Thank you for your support

>>20631531
no just buy spy and qqq

>>20631553
I got 100 shares during the markets suicide dip earlier.

I'll get another 100 or 900 before after hours shutdown. Haven't decided yet but I'm sure it'll sky rocket overnight.

Doubt anyone is stupid enough to sell before the army corps decision with the possibility of making 10× their investment

Should I buy NAK tomorrow?

>>20631613

*

>>20630509

If the stock may go 10x, 50x, 100x, should the mine be approved, there is always time to buy. Look at this person on /pmg/ a few days ago for example, asking if he ought to buy at 1.40 or "wait for a dip": 19781320. Stock is now 2.23 and growing. Simply jump in the water and swim. You are either going to make an enormous amount of money, or lose it all, no matter what price you buy at. I already have a large position which I am up on substantially, (you can see I recommended it to /smg/ a couple of days ago as an "extremely speculative" choice >>20565719) and even I am going to add to it tomorrow. It may turn out to be an utter disaster, but I am willing to take the risk. Make sure you only buy whatever you are willing to lose.

*

https://www.doi.gov/pressreleases/trump-administration-supports-alaskan-infrastructure-development-mine-critical

>>20631666
I mean it's not like I support it but I can recognise epicness when I see it.

>>20631650
We got you senpai

>>20631635
Energygrid hardware and software designed to be integrated into modern forms of energy like electric and solar. They have contracts with cities, ag, and the military.

>>20631720

See these two posts. >>20631613 >>20631724
NAK is either going to soar, or utterly crash. You have to decide what level of risk you are willing to take.

>>20631720
No. It’s a PnD and you’re working with other poos to promote it. It already pumped, it will dump tomorrow, and it will never be mentioned again.

>>20631531
Your best bet is a 2x or 3x ETF after a massive dump or bottom of a bear market.

>>20631540
BASED

>>20631650
that's too bad, anon!

>>20631777
NAK is an old school /smg/ meme

I have about 800 shares of NAK, someone was talking about a possible 100x, is this feasible or a pipe dream? I know it will rocket but are any of you actually expecting gains that large??

>>20631777

Every single statement which you just made is demonstrably false.

>>20631780
I just took a massive dump
is it time to buy?

>>20631605
I wanna buy some but I'm pretty sure it's past the buying window. Unless I'm retarded, I'm using Robin hood and am still kinda new to stocks

>NAK doubters
if you spend literally 100 dollars there is potential for you to make 10,000. literally why would you not risk almost nothing for massive returns?

>>20631797

If Pebble Mine gets approved, yes, 100x is possible in a real gold and silver bull market. Some people think that Newmont, currently $60 a share, might go 2x or 3x, and, if Pebble is as good as all Newmont's mines, then 100x is not an unreasonable speculation ($2 > $200.) But NAK may also crash to zero if the permit gets denied. It may do exactly what it did in 2011 (see picture).

>>20631794
>>20631801
I’m not going to argue. I’ll just be sure to mention it once every thread it gets shilled. If some stupid bagholder falls for your scam after seeing the warnings then they deserve it.

>>20631852
This really. The 10k is a bit exaggerated but you get the point.

>>20631531
There are some cases where an actively managed fund is required. Commodity, corporate debt, and IPO/SPAC funds all need someone babying them to perform.
In these cases, an index fund equivalent doesn't exist.

reminder the INTC numbers were good and the stock will surely bounce back tomorrow

>>20631860
NAK is a high spec miner in development phase with a good story, why don't you do some research nerd

>>20631777
I dunno, man. I thought the same for days and just googled info on it.

Trump is backing it up and we are in the shitter. Even if the army Corps says no, he can do an executive order to make it possible.

Killing a few fish would be worth saving the U.S. economy or at the very least Alaska.

>>20631424
FIRST FOR EVERY SINGLE BULL FAGGOT WHO BOUGHT TQQQ

NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER
NIGGER
I
G
G
E
R

So is there a date on the pebble mine decision? How long do I have to buy?

>>20631860

I didn't even bring up NAK in the last thread, somebody else did, and I joined in the discussion. I have mentioned it once or twice as a "dangerously speculative" choice, and, as you can see from my posts in this thread, I have repeatedly stated that it may crash to zero if the permit for Pebble is disapproved. I am making sure that people know exactly what it is that they are buying.

>>20631921

theyve been shilling this story for 2 years here

>>20631898
>just a hint of pit
I love it

>>20631907
can't they just move the fish somewhere else?
like just swim away nigga haha

>>20631921
you have 25 minutes

>>20631921

The decision may be given tomorrow, so it is now or never.

>>20631912
holding

Reminder the most patrician /smg/ portfolio imaginable is 30% DENN, 10% NAK, 30% TSLA calls, and 30% AMD

>>20631912
I bought SQQQ this morning at open, sold it at the bottom of the crash and went all in on TQQQ. I’m expecting it to open green and then crab down all day. I’ll sell it at open, but SQQQ and repeat.

>>20631912
this post is based too

>>20631811
I bought a few HXU and HFU shares at the end of the day with my loonies. TSX is far from being in bubble stage, except for SHOP.

>>20631973
LITERALLY ME TOO DUDE WOW HOLY SHIT

Reminder that nobody aggressively shills you to fomo buy something unless they’re trying to scam you.

>>20631972
Where'd this DENN autism come from?
Looks like it performs better than the /biz/dex but that isn't hard to do.

>>20632020
>>20631530

>>20632037
>/biz/dex
It's a graveyard.

>>20632037
Some kid made some DENN memes good enough for me

PLEASE STOP, BOBO!

Every time I look at Wayfair. Look at their financials and forecast their earnings, it seems like the most obvious shorting target ever. But this has been true since June and they are up like 40% YTD. This is a company with TWO stores that is directly competing now with Amazon, Walmart, and Home Depot.

>>20631424
Hmm..

So 3232 was a particularly strong resistance line we've fought for like the past two weeks and only broke it 3 days ago. Today's pullback seems like a healthy test of support. If futures and tomorrow morning confirm 3232 as support, it would be a good time to jump into SPY and QQQ. You can say meme lines are just meme lines but they've done nothing but help me win so far. I'm inclined to think that 3232 is rock fucking solid support and we will resume up next week. We'll see how it plays out though.

What do you guys think?

>>20632020
Please tell me you got a ticket on the NAKetship.

>>20631912
based. redpilled.

>>20631424
I bought 4 of NAK and 2 of KTOS, hopefully they'll do well when the market opens back up and I buy them.

>>20632099
OOH is it happening for real this time?? I think i might COOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM

Fuck it I'll get a memestack of NAK tomorrow then. Has anyone found a time for the Pebble decision? All I've seen is that it's Friday.

>>20632118
That looks like a developing Inverted Bart pattern

>>20632118
New guy, Can you explain how you determine these support lines?

>>20632082
>investing purely on memes and not FOMO
God speed.

AMD pumped the other day because someone had insider info on INTC delaying their 7nm, didn't they.

>TSM starting to touch towards $71
i cant believe half of /smg/ is going to be rich thanks to TSM shills

>>20631921
Army Corps rec tomorrow. Final permits 30 - 60 days

>>20632172
Memes have usually been successful for me, FOMO never so

>>20632163
https://www.investopedia.com/trading/support-and-resistance-basics/

>>20632120
>>20632136
>>20632149
O R G A N I C
R
G
A
N
I
C

Tech will dump again tomorrow And Monday before the big tech congress testify on Monday. Position yourself accordingly

All technical signals show a trace back is imminent. I’m glad you had your fun shorting for a hot minute there but it’s back on the gravy train/

>>20632214
wait what's this tech congress on monday?

>>20632197
I missed out on Workhorse so I don't wanna miss another one. And I'm going into the cyber field so I feel like the drone thing would workout. Plus the vertical assimilation is good for over all production.

>>20632221
>technical signals

into the trash it goes

>>20632214
Oh shit.
Who day milk truck?

NEE earnings tomorrow. Fully prepared to dump on a beat.

>>20632149
Nope. It'll b published in federal register is the best info I've seen

>>20632176
Half of my silver and TSM calls are going straight to buying more shares.

>>20632224
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKCN24O16K

>>20632239
Charts don’t lie, sugar.

>>20632224
Is this another crying session about how they censor conservatives and everyone denies it?
Data a nothing burger for their business.

>>20632274
spectacular TA anon!

>>20632276
This. If anything we will get some new memes. Maybe they will even discuss just how much cash on free margins tech makes so boomers will finally realize this computer business is here to stay.

I'm too impatient, am I going to make it with this shit? Typically after a day or 2 I'll just sell shit because I'm bored. How to stock trader?

>>20632163
Well.. if you zoom out (which I recommend all of you do so you don't base a trade off of a minute candle like an idiot) you can see for the past month that 3232 went from being a ceiling to being a floor. Now it is a matter of whether that floor can hold. If it does, then the crash is cancelled. If it doesn't, expect more downside all the way down to the red line

>>20632269
I own none of those 4.

>>20632149
Nope, just refresh this https://pebbleprojecteis.com page until you get something.

>>20632276
Ya probably.

>>20632269
I bet they're prerecorded.
It would be great if they played ads during the testimony.

how many months after the election crash will it be safe to go all in on long term ETFs?

>>20632320
They are a huge chunk of Nasdaq and TQQQ though

>>20632037
>snss not ontx

>>20632314
So if my dumb ass understands this right if it dips below the resistance line that's a signal for you to sell?

>>20632299
Markets are not rational. Trends exist. The rational markets model propaganda was just shilled by market makers selling ETFs and professors who got paid off with advising gigs worth deca millions to write books telling people to stop trading and just give their money to Blackrock/BlackStone.

So...
Copenhagen is not just a city in Denmark.

>>20632176
TSM is an absolutely based stock I'm so fucking glad I saw it mentioned in /smg/.
>>20632226
You missed out in the short term but if you want to play long and you think WKHS has good growth potential then $15 is pretty cheap anon.

>woke up to blood red pages
Damn wtf did I miss?

>>20632386
Massive market manipulation by whale bears who missed out on Tesla and are trying to make it cheaper before they buy in. Classic corruption.

>>20632354
I know. Retard strength TSM will carry me through though. I would diversify a little bit out of tech, but other than PM's, I'm not sure where else to park the cash.

>TSLA 1495
it’s overnino

Bros i can't decide what food should i eat. I'm thinking Chick fil a but i dunno if i wan't to get something else what do you think?

>>20632367
Trends might exist but you're not able to ride them and profit from them consistently.
That's why you don't beat dumb passive funds over the long term on a risk adjusted basis.

>>20632367
here's a trend:
congress suggests $200/week stimulus checks, down from $600
market dumps

fucking idiot, you meme lines don't mean shit

>>20632310
Research and know what you buy so you can conquer your FOMO and weak hands with knowledge.
And then ignore it and FOMO anyway.

>>20632393
Kinda sucks, I went to bed at noon while everything was green was on a solid portfolio of +6%, then everything tanked and I'm at a +.5%. No adrenaline for me this evening.

>>20632393
the signs were there, why didn't you see it coming

>>20632362
Yeah it's usually a signal of more pain ahead. Be careful though- sometimes, it dips below the line like today, claws its way back up and then hammers it down as support before violently swinging up. Should've sold while you were in the green though friend

>>20632420
There is so much options money all over the place on TSLA for Friday that expect it to have retard battles near even 50 points and nothing but air in between

>>20631923
Just put a like a 50% trailing stop


>>20632393

Either that or Tesla is a shit, over bloated stock. They can't even make payments on their showrooms.

Its going to be great to see the rug pull on that one. Lmao

>>20632444
Get a burger king bacon king, I guarantee it'll give you the meat sweats then a food coma

I started out in late 2018 with nothing but a bit of green and a dream. To make damn sure my retirement years were well covered and to leave a nice legacy after I kick. And cause being able to say I own part of these companies is fucking cool. My performance may not be top notch but at least I've not lost a penny since that day I got my start. Digging out of a hole is hard. Making green is easy.

You do know tomorrow is either the end of the road or the new beginning of a long long long fucking road for NAK. We still gotta get permits and funding to build the fucking mine, but this environmental impact statement is like the next step to something that could potentially make us a few extra shekels.

S&P is handling 3232 surprisingly well though. If this keeps going through tonight and tomorrow, we will be deep in the green by eod. Personally, I don't see this support caving.

>>20632453
Just because I research something and know it objectively is worth more doesn’t mean other investors will see the same thing. I could be bag holding for years until that moon mission occurs.

>>20632473
Anime faggot is anti Tesla. Color me surprised.

Go suck off Chanos and Spiegel. Those brainlets will bankrupt you before they admit they are wrong.

I need to except that I have no idea what I'm doing and am always busy with work most trading days, or sleeping in on my off days anyway. Should I just put everything in some decent dividend stuff and forget about it.

>>20632465
np, and so the floor dosen't even have to be established with a formula, just look over the past few months where the general celling was last time and using that to form your line?

anyone with TA skills, whats the support for WKHS right now? I'm interested in longing it

>>20632367

Correct. Copenhagen is also an ultimate move

>>20632451
Yeah funny how it works out to be consistent with the trend lines.
>>20632447
It’s only as good as your brain. Markets are discernible.

>>20632499
>doing this to cover your retirement years
ngmi

>>20632453
>research
But thats the whole reason I fuck around here all day

>>20632529
You could buy some cyber currency so you can have heart attacks all day long. Because what's better then falling asleep green and waking up red?

>>20632518
I just need spy to end the day above 324, hoping you're right anon

>>20632488
decided to get some shrimp from a restaurant been to in the past. shit was fire

>>20632524
>Making stocks an anti-X or pro-X thing like its internet politics
>>20632473
>Tesla is a shit, over bloated stock.
But hardly relevant. Like 2% of QQQ
>Its going to be great to see the rug pull on that one. Lmao
True

>>20632524
Get Elon's cock out of your mouth for a minute and look at the chart.

After that you can go back to sucking him off while paying him another $1500+ for it. Lmao

>>20632567
https://www.sec.gov/cgi-bin/viewer?action=view&cik=1126975&accession_number=0001126975-20-000083&xbrl_type=v#
Give me a rundown stat.

>>20632567
>relying on 3rd party information
ngmi

>>20632546
Yeah, it takes a little bit of eyeballing and fine-tuning. Patterns are everywhere and the markets follow trends. It's never always 100% but it sure is a hell of a lot better than trading blindly. Definitely worth learning.

>>20632553
Markets are people buying and selling. If you could discern it is going to go up so easily the demand for the stock would increase now, not tomorrow and your dumb trend prediction would be no more.
Therefore they can't be discernible.

>>20632593
The short thesis on Tesla is literally insane.

>>20632613
yes elon i will take one share in your company

when do they eliminate all boomers

this is ridiculous what theyre doing

>>20632639
Woah... wait for it... what if... not everyone is equally equipped to ascertain market trends (or any set of true facts about the world).

I guess it is hard for a commie like you to admit that.

>>20632509
you never learn do you?

>>20632631
Oh cool, I just assumed that all technical analysis required high level math skills, is some of it just visual pattern recognition?

>>20632618
Looks ship shape

>>20632682
>what if... not everyone is equally equipped to ascertain market trends
Then what’s the point of trying if I will never have what I need to ensure I profit? Seems like a waste of time and money.

>tfw tqqq went to 108 AH but i fell asleep thinking it would go lower but now it 109
Of course it did

>>20632548
$14 is your floor

Just ordered (way too much) NAK.

I need a play for the morning

>>20632682
You're right on that. They are many people far richer than you and far more intelligent on the market. And because of the nature of the market those people are the ones who stay and get richer and the retards exit broke. So it's a selective mechanism which just makes my thesis stronger.

>>20632721
You might have it or you might not. Not everyone has it to be a neurosurgeon or astronaut either. Instead of seething you could admit that you’re not smart enough. Instead you seethe and claim smart people don’t exist.

>>20632717
I agree =']

>>20632756
coom to anime feet

>>20632733
gracias. anyone think it will actually make it back there anytime soon? or better to get in now?

>>20632764
Big money and big movements can make up for being stupid but even small money can be smart and beat the big money. It’s a game. You can out think your opponent because you can anticipate your opponent.

>>20632756
anaheim electronics

>>20632613
Zoom out, but not too much

>>20632753
Congrats youre going to be (way too broke) to live.

>>20632769
I wasn’t the anon you were replying to. I just read your comment and found it flawed. I find this one flawed too. It seems like your justifying insider trading or protecting those with access to tools and info retail traders don’t have and saying they deserve to profit while we should just be happy with pennies or nothing.

>>20632832
All of those behaviors are what seething people do because they can’t cut it fairly.

>>20632702
It's easy to get intimidated by everything surrounding the markets but learning everything comes with time. Just read a book to two on investing and watch a few educational videos every night to really drive everything in. It also helps to reflect and ask yourself what you could do better and why a trade went right/wrong. You only get better the more you do it.

Give pic related a read

>>20632775
feet are for fags who subconsciously want to obsess over a phallic body part

>>20632845
Seething people defend the rich ppl who get to profit from insider trading while the rest of us just lose money?

>>20632548
When these things go parabolic accuracy goes right out the fucking window. If I had to guess I would say between $9.50 and $12, but it could just form a support above that and hold above $13. Thing is as good as anybody's guess, but this thing could just slowly bleed for weeks until support is formed and you can safely begin accumulating again.

msft 220c 8/21. enter ur prediction for TSLA eow, thanks

>>20632860
I defend reality. If you live in reality you can become rich.

>>20632756
keep a watch on intel. They're behind on node sizes but they're still ahead of everyone on transistor density which is why they're still sort of a match for AMD.
seriously why the fuck are they so behind though, i get being complacent in 2018 and maybe 2019, but Intel cannot afford to keep stagnating like this

>>20632789
Big money is big because it is smart or it was lucky.
Do you really think you can anticipate a lot of the smartest people with a ridiculous amount of money working full time on this with a stupid amount of data and complex models just by drawing some green lines over a screenshot?

>>20631627
For passive set it and forget it for 30 years, just buy a handful of bigdick dividend blue chips and put them on dividend reinvest.

>>20632702
Technical analysis is complete bullshit.

>>20632854
Thanks!

>>20632859
steamy 2d armpits then?

>>20632906
now youre talking my language

>>20632689
I believe NAK has potential to be the kind of stock you just retire on. The risk is there, but so is the reward.

>>20632644
There is a reason why the price target on that thing is 300 dollars.
Tesla is now worth more than VW and Toyota COMBINED.
Any rational thinking beyond memes makes it very clear that this company is extremely overvalued with a pb ratio 30 and a pe ratio of 900.

This company has a miniscule market share and there is no rational argument why it should be more valuable than even Daimler.
The only coherent reasoning is that fonds will have to buy it once it enters SPY. The second is the innovative software tech, with other companies ten times the size of Tesla already developing their own versions. But beyond that its backed by nothing but hot air.

Its like Spirit Airlines becoming more valuable than American Airlines and Lufthansa combined, based on a hype around "hydrogen planes".
Its a meme. Do not buy it.

Instead you can live in what you want reality to be, or in what reality is supposed to be. Many people do this/ and it leads to bad outcomes. Not surprising but bad regardless.

>>20632783
Who knows man. If you really believe in it, buying in at any price under $20 is a steal but it's a major speculative gamble. You can always just buy a small number of shares now and average down as it dips.

>>20632913
>immediately contradicts previous post
oh baggie, never change you filthy jew

>>20632702
Technical analysis doesn't work and never will.
Every pattern that exists, once it's know, stops existing because that's how the market operates.

>>20632896

>>20632913
I have 184 dollars in it. Can I retire from that?

>>20632914
>Tesla is now worth more than VW and Toyota COMBINED.
So?
>price target
Analysts are retarded. Intentionally so.
>PE
These are tools. They work in some contexts and not in others. They don’t work very well post 1978. Graham wrote his book in the 1930s.

>be me
>get product price matched or returned from a bigger order
>wonky math is used
>get a refund 1 penny off
>out of principle try to get that penny back cause some of these large corporations have screwed me over in the past
>fail even when I show them the math
>a screenshot of buying the product again and the new total price would be lower than what they gave me back wouldn't be proof...

It's a literal penny! Yet I'm pist as heck. How do I just get over this? Feels like each time I get screwed over my barometer is only willing to take less and less to the point that a penny loss pisses me off now.

Yet I lose and or gain more in stocks and dont get anywhere near as pist.

Aaaaaaaa what the heck anons how do i stop this!!!!!

>>20632878
You sound like a boot licker. But thanks for reminding me about reality. There’s always a way to get what you deserve.

>>20632896
>>20632934
Do you just sit there and trade on the minute candles with your dick in hand or what

>>20632935
Prove to me that technical analysis works 100% of the time. I'll wait.

What price would be a good sale for NAK based on the value of the mine?

>>20632963
Seroously i can lose 1k in stocks and not get anywhere near as pist but this somehow pisses me off!!!!! AAAAAAA MAKE THE MENTAL ANGUISH GO AWAYYYYYYYY!!!!

>>20632982
I trade off of instinct and price action.

>>20632983
It's never 100%. It's a metric fuckton better than trading blindly though

>>20632913
Yep but it will take some time

>>20632998

You almost never sell a mining stock until a PM bull market is over, and this bull market may last between 2-10 years. That's the main principle to keep in mind. Don't be like somebody who bought Amazon in 2007 and sold it in 2008.

>>20632983
>Prove to me that technical analysis works 100% of the time. I'll wait.

>>20632931
What are you talking about? you think they're going to start blasting and crushing ore tomorrow on the news? There's still a ton of room for failure even with a positive report. Think of this as like phase 2 trial data.

>>20633012
>technical analysis is bullshit
>I trade off of price action

>>20633020
If it doesn't work absolutely then your still trading blind. The only true edge than any investor can have over the market is insider information. Drawing lines and looking at moving averages can't predict future performance. Cut and dry.

>>20632982
I don't day trade.

>>20633012
the chad trader

>>20632913
Good take Bagster

>>20632948
>So?
Generally you should invest in companies because they have a good value and a low price, not because the price is high or because the price was rising over the last few months.
A high price doesnt mean less risk, it means more risk.
>These are tools. They work in some contexts and not in others. They don’t work very well post 1978. Graham wrote his book in the 1930s.
There is obviously nothing I could say to make you stop believing in Tesla, so I just used them as examples. Buy TSLA and hope for the best. Its not my money. God willing, you make profit.

>>20632891
No. It is powerful. Not the same thing as smart or lucky.

>>20632998
Tell me the price of gold, silver, copper and molly when they start actually mining them, and I can tell you

>>20633060
Price action=/ technical analysis.
Technical analysis is imposing a fiction ON price action. Price action is...... the action of the price of an equity. One is something that is ACTUALLY happening. The other is something that you WANT to happen. Wojaks and green text isn't a counter argument. You don't have one.

So let me get this straight... earnings week changed nothing and there is no crash or spike... Literally just another week

>>20633107
How does it prove that the company is overvalued just because they trade better and at a higher valuation than VW/Toyota?

I believe in Tesla like I would have believed in railroads in 1880.

>>20633074
I'd rather see blurry than be fully blind. Maybe give it an honest shot or something

>>20633116
It isn't powerful. You're talking as if they were a few giants in a world of dwarfs. They're giants in a world of giants. We are few uninvited dwarfs.

>>20632879
compared to AMD intel likes to make their silicone in house. The reason AMD is ahead is because they went to another company who had 7nm architecture. Intel hasn't figured out 7nm architecture yet keeping them behind. Expect intel to get 7nm by the time AMD has 3nm because we already know how to make 3nm chips. They'll go into consumer products in about 2022 from what i hear

>>20633041
Thanks, that's really saved me. I still worry about another president cancelling the project, but as long as it's Biden I don't see him doing that once the operation has started, so I guess that shouldn't be an actual concern.

>>20631668
doesn't voo have lower fee

>>20633162
The game is still fair because everything is on the table, including the existence of whales. The whales btw are often just people or institutions who have accumulated capital over decades and centuries. Not all of them are geniuses. Most have just inherited it or are managing it and trying not to fuck it up.

>>20633135
Okay so price action is studying the action of the price of an equity. So you are noticing a trend or a pattern that emerges from that price action happening in real-time. How is that not technical analysis?

>>20633149
Nah I'm good, you do you though.

So let’s say theoretically I wanted to use a Trojan or something in Minecraft to monitor someone’s email in order to benefit from the insider information they receive and trade on. Who would be a good target in Minecraft? Someone at JPM or whatever is obvious, but is there somewhere else that might have good Minecraft targets?

What if China sold all their US treasuries and pushed yields up to stupid levels?
Would we just instantly start YCC?

>>20632983
Who said it works "100% of the time"? Nothing works "100% of the time"

>>20633190
There are very tiny differences between SPY and VOO resulting in nearly identical return. Pick your poison here it does not matter.

>>20633184

You are welcome. It's a principle which I learned from Don Durrett, who is one of the best analysts in the business. He called Spanish Mountain Gold right just before it went 4x. I believe he says it in one or another of these interviews:

https://www.youtube.com/watch?v=n5xqFD1qVtE

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

How much is everyone up YTD? I'm about 7% in my boomer etfs

>>20633200
>Trend
>Pattern
Imposed fiction.

>>20632783
if you are in it for the long haul then now is a fine time. They have a good future ahead of them. Even just today they good news
>Workhorse Group Reports Purchase Order For 20 C-1000 All-electric Delivery Trucks From Cincinnati-Based eTrucks, No Terms Disclosed

Im going to start accumulating again on monday, going to buy another 250 shares regardless of what the price is and i wont be selling any of them until after 2022.

>>20633139
Idiots lost money gambling options.
>>20633147
>How does it prove that the company is overvalued just because they trade better and at a higher valuation than VW/Toyota?
What makes you think that Tesla, a company selling 300k cars a year worldwide, is worth the combined market cap of Toyota and VW? Who, together, are selling 700k cars. A quarter. In the US alone.

Again, there is nothing I can say to make you reconsider. This info is glaringly obvious.
>I believe in Tesla like I would have believed in railroads in 1880.
Then good luck. Im holding QQQ so if Tesla pumps Im happy . Im just not betting on it lmao

>>20633238
I'm a 0% investor
I never lose money or make money
it's all about optimal tax efficiency
it's not easy to balance a portfolio for sideways motion as well as I do it. but I do it

>>20633225
>treasury dumping
JPow would look Xi in the eye, take out a US mint approved pocket printer, and print a $1 trillion dollar bill to buy all of them.

>>20633190
SPLG is the .03 expense SPY equivalent. VOO/SPLG are same shit but SPLG is cheaper and easier to divide. It really doesn't matter though.

>>20633273
>What makes you think that Tesla, a company selling 300k cars a year worldwide, is worth the combined market cap of Toyota and VW? Who, together, are selling 700k cars. A quarter. In the US alone.
Newer better tech. Mostly their battery production capacity and software stack. Batteries aren’t easy. Toyota can’t produce a million batteries tomorrow even if they want to (and they don’t want to).

>>20632613
>The price of the stock matters and not performance
LMAO, you're such a retard. Go buy your penny stocks.

>>20633238
Down about 98% from initial investment. Doing okay.

>>20633238
100%

>>20633238
i'm up 7.5% since i started june 1st.

>>20633213
Really? No comments on a theoretical scenario in Minecraft?

I have consulted the geometrical oracles. Saturn is in the waning phase while jupiter rises. The trianglular sentiment reveals that NAK will be given the permission.

>>20633197
I never spoke about fairness. The whales you talk about first are not retarded enough to sell everything at once and second, if they do they have a lot of people (including institutions) bigger than them to profit over their dumb mistakes.
Picture this:
You have a lot of giants, some bigger than other, but giants nonetheless. If any of them does some dumb shit they will have to face all the giants in town at once and even some dwarfs at the first second. Everyone and they mother will try to be there as soon as possible before the party is over.
Do you think that one giant has any chance against the whole town?

>>20633341
Whales try to create trends because even they believe in trends/ that’s what they do. They can splash around a few hundred million or even billions and profit off the trends they kickstart.

Ultimately the whales believe in underlying trends and try to catch up to reality by using artificial trends.

It’s complex. It’s not that easy.

Like how physics is complex and looks like nonsense to untrained people, this looks like nonsense to untrained people.

>>20632725
TQQQ will be 105 tomorrow go back to sleep

>>20633238
~250% since Feb trading options. I have no idea what I'm doing but if I keep doing it I'll either make it and never have to work for bitter old men again or chug 12ga

>>20633107
You should invest in companies based on expected performance, dummy. If you want low PEs and good value, go buy oil stocks and watch as they go down.

>>20633237

Yes, just realized that he says it in the first video at about timestamp 4:30. Interesting also to see how right he was in this video about the imminent breakout of silver. It did soar above $20 exactly as he said it would.

>>20633339
So I should just sell everything and buy more nak at open?

>>20633407
bro what

It'll be green tomorrow right bros? The crash is just a meme right? It would've happened already right?

current portfolio:
MSFT 15%
NVDA 15%
TSM 10%
KO 10%
PYPL 10%
KL 10%
SOXL 15%
TQQQ 15%
meme-spark 0.3%

i try to swing soxl/tqqq, but i got hosed today.

i'm thinking of selling NVDA, at least some of it, to put more into TSM, but while i wait for a dip on that, should i average down TQQQ or spend the day in SQQQ then average down?

>>20633450
he's talking about quantum market trends. and how Jews have been using them to screw people like us out of our money for generations.

>>20633407
its time for you to stop posting

>>20633477
The crash is just starting. Good night, see you when we open red

>>20633477

Might see a rebound tomorrow, since Friday profit-taking usually happens after a green week. I still think there's ample opportunity for another downtrend before the election, and likely a short crash after Biden wins. We'll probably see SPY dip below 300 again before end of year.

>>20633238
+10% in SPY (includes heavy bags from last year)
+10% in INDA
+10% in RGLD
+30% in SIVR

Thinking about buying some oil stocks and maybe some base metal miners

be honest guys are we all getting scammed with nak tomorrow? is this a big joke being played on us?

>>20633504
>>20633450
I’ve said too much.

would it be dumb to put in a market buy order tomorrow morning for NAK? Might sink a grand or two in... bought just one share today

>>20633012
>>20632934
Price action is TA. Read the first paragraph of the Wikipedia article on it.

>It is a form of technical analysis
https://en.wikipedia.org/wiki/Price_action_trading

Ok I've been in the market a few months now and I didn't fuck it all up.

What do I keep 25% of my portfolio in longterm for the rest of my life? [spolier]I'm 31[/spoiler]

I'm currently leaning on going full ARK etf.

>>20633237
Thanks again! I skiped over them and they're really interesting. I'll need to work through them in greater detail tomorrow. Wish you luck!

Pussies

>>20633510
>after biden wins
Lol, log off twitter for a bit, kiddo

>>20633379
They can't because if you can see that trend everyone can including many more whales just like them and the trend is over before it even began.

>>20633510
>after Biden wins
lmao gets me every time

Are we going to get some vaccine hype tomorrow so I can triple my money again? I love those days.

>>20633548
>Price action trading can ( *can*) be included under the umbrella of technical analysis but is covered here in a separate article because it incorporates the behavioural analysis of market participants as a crowd from evidence displayed in price action - a type of analysis whose academic coverage isn't focused in any one area, rather is widely described and commented on in the literature on trading, speculation, gambling and competition generally. It includes a large part of the methodology employed by floor traders[5] and tape readers.[6] It can also optionally include analysis of volume and level 2 quotes.

>>20633548
Don't tell me I'm not the one advocating for it. I never even heard about it before.

Cold War II has begun

>>20633669
If you believe that then why even get out of bed in the morning?

buy nak after the sell off after the open. fuck the bears. we're gonna moon

SHORT EVERYTHING

>>20633627
republicans are doing everything in their power to hurt their chances at winning

>>20633728
AAAAAAAAAAAAAAAAAAAAAAA

>>20633728
Priced in.

>>20633722
I don't day trade. But if you are curious there are many interesting things you can do while awake and this comes from someone who loves to sleep.

>>20633669
They create it by selling. Then others sell. Then the media they control says its tome to sell. Then the brokerages who rely on their prime fees tell retail investors to sell. Then vice versa.

It’s discernible and therefore tradable.

>>20633728
OOOOOOOOOOOOOOOOOOOOOO

tomorrow

>>20633774
STOP HUNTING BEARSS NOOOO THEY'RE EXTINCT NOOOOOOOO

>>20633325
nigga....

>>20633510
>>20633627
>>20633679
biden winning would be a small dip before his team calls all the plutocrats to remind them he's still a neoliberal corporate hack.

trump winning will result in riots that make this summer look like a polite tea party protest from 2009, where they cleaned after themselves.
that might make a bigger dip, until the plutocrats remember that niggers and hippies burning down their own houses don't matter.

>>20633774
Shorting Missouri right now

>>20633743
Thats the democrats supporting anarchist criminals, i think you are confused

I took $24k (10000 shares) out of NAK. I still have $17k in it, but I was YOLOing before, and now I still have a decent position in it with 7000 shares, but it's not a suicidal play anymore if tomorrow is less than favorable.

>>20633761
The principle applies to everything. In your theoretical universe, there is perfect information and rational behavior but only whales have it. Ok so why even talk to a hot woman? There is Chad out there... or why even apply for a job... there is some Major LinkedIn hero out there.

Not to mention that perfect information is provably impossible. At best they can restrict access to imperfect information so that you have even more imperfect information.

>>20633795
>trump winning will result in riots
Yep, an admission that this was never about blm or any other bullshit cause, only about hating trump

>>20633812
I'll raise your children if you gib me some moneys

Or better yet, they bring out some retard talking head to hit emotional trigger points and crowd out your attention with useless information.

>>20633795
>that might make a bigger dip

The market didn't dip due to the original Joe Biden 2020 riots at all. Facebook took a temporary hit due to the little performance its advertisers put on but that ended quickly. Everybody already knows the protestors are ineffectual and powerless and the movement has already been castrated in the same fashion as OWS so no, another round of tantrums won't do anything.

>>20633812
dam bro i thought we'd be yachting together but i guess ur blowing it

Who bought the dip today?

>>20633887
only on precious metals

>>20633812
Well NAK is up over 12% once after hours hit. So I dunno maybe a good sign?

>>20633887
Awe hell yeah she looks like a freak if you know what I mean

>>20633871
trump winning won't be a few burnt nigger buildings.
trump winning will see blood in the streets like the end of the weimar.

>>20633887

I finally jumped on the TQQQ bandwagon at 109. Might be too late, actually, but I really don't think it's realistic to expect tech to just stall out for 5 years.

>>20633238
20%, and I've done nothing but buying boomer etfs on the dips

>>20633810
I don't think most of dem voters care about that at all
but the mail voting conspiracy the republicans are pushing will break their neck, because old people will not leave the house to vote during riots and a take a chance to catch corona, not everyone, but it'll hurt them bad

>>20633703
It's still technical analysis and what you posted only confirms it. Just admit you're wrong.

>>20633959
>mail in voting fraud is a conspiracy

>>20633190
I like VTI better

>>20633929
We can only hope those antifa faggots get tienanmen'd

>>20633887
Didnt. Already all in basically. Could have gotten some 100 AMD, but no reason to stretch my margin to 20% right now

>>20633774

>>20633774
> bears in Missouri
Fake news

>>20633976
huh.
votes being counted by all joggers seems to explain a lot about new york.

I would like to believe in NAK but if it actually is a non-trivial chance of a 100x upside like you anons say, wouldn't institutional investors have long since priced us out of it? Why aren't the whales rubbing their dicks all over it if it has the potential to be that profitable?

>>20634003
It’s an old meme. Don’t get scammed

>>20633765
So let's see. You are a whale and see other whale selling like crazy for no reason at all. It is obvious to all the whales that this is the case.
Do you sell too? Or do you fucking buy before its over because you know you can profit from this?

>>20633815
I don't get what is your point. If Chad could have hundreds thousands of woman at the same time and pay all of them enough attention you point would be correct. The same goes to the Linkedin hero. He might be the best but he can't do a thousand jobs at once.
That's the difference between your case and mine. That's also why the stock market works so efficiently compared to other markets and information is acted upon so quickly.

Perfect information is impossible but it tends to it and gets pretty damn close, specially for us.

Before buying a stock you should ask yourself: Do I know something the market doesn't?
99% of the time you won't and from the 1% left odds are you will be mistaken half the time.

>>20633959
it doesnt matter if dems care about it, they arent voting trump anyway. Who DOES care about it republicans, independents, and non-political types.... the demographics that are important to trump. And this rioting shit has turned a LOT of libs red, so i dont even agree with your initial point

>>20634003

You really think people would do that? Go on /smg/ and tell lies?

>>20634003

>>20634003
Waiting for ROD most likely.

>>20633996
based

>>20634033
>So let's see. You are a whale and see other whale selling like crazy for no reason at all
The whales talk to each other.

> Before buying a stock you should ask yourself: Do I know something the market doesn't?
99% of the time you won't and from the 1% left odds are you will be mistaken half the time.
1-D take.

>>20633716
latin america and the carribean already have a vaccine?

>>20634003

> if it actually is a non-trivial chance of a 100x upside like you anons say, wouldn't institutional investors have long since priced us out of it

If this were true, then they would have bought the mining stocks in general. SILJ would already be 5 or 10 or 20 times higher than it is right now. They are already demonstrably blind to the upside potential of precious metals.

>>20633959
On the contrary, the GOP is a death cult and their old people will happily march to the polls without masks and lick the pens in the voting booths to own the libs.

>>20633912
based

>>20633872
I'm just taking on less risk

>>20634099
death cults are cool
the republicans aren't cool, their whole existence is based on sucking Israels balls

>>20632116
It's the best place to launder cash or cp with $15K garbage utility cabinets or 10K pillows.

>>20633887
small nibbles
10000 DNR
100 AZUL

based snek

>>20633976
it kind of works in most places, but you're right, we're talking about america here
still I think that the republican demographic would prefer to not vote than to mail or actually go to the polling stations and the GOP apparently thinks the same

>>20633887
I bought tsm calls.

>>20632775
Based, I will be making this move myself

somebody make a new thread so I can make a funny panic post and make sure everyone sees it

new
>>20634365
>>20634365
>>20634365
>>20634365

>>20634099
ok, but there's still the chance, they'll do something stupid like this before election and die because of that, right?

>>20633434
Better get that shotgun ready fren, option noobies make early gains, but they never last long. Spare yourself the pain and put it all in January SLV calls tomorrow, hold em for a few months, thank me later

I'm worried that my precious NAK position I bought in April is going to become another victim in /smg/'s memestock graveyard.

>>20632037
Don't you like pancakes?

>>20634003
dude its going to 5 at most and may dump to 1.50, Im 90% it will go to 5 and tried to jump in at 2.13 today for 1000 shares but was too late with the market crashing and my FNGU raping me. its at 2.50 which makes me skeptical that it my sink lower then pump up 100% or dump back down, im not so sure I want to risk it

>>20634067
Mate there are thousands of whales. That's what I mean when I say we are in a world of giants. And rational profit maximizing giants not a family of gypsies.