/biz/ - Business & Finance

"Learn to play stonks" is the new "learn to code."

First for I hate niggers.

>>20707149

Reminder that no employer will ever pay your more than just enough to keep you from quitting. Make your own income and keep it all

>>20707149
coding is an valuable skill though, trading is parasitic, you produce nothing

What’s the sell price target for INTC next week? 51.5?

How long are you negroes holding your SLV and INTC calls for?

you'd have to be one to hold and INTC call

If I'm expecting a recession and/or crash and want to buy into gold, which is better? An ETF or gold mining stocks?

please go up msft

>>20707296
Have a 49p this friday

>>20707299
I am thought about going in gold ETFs but it seems way to overprized now.

>>20707172
The thing with automation is the parts needs to be designed for assembly in an automated fashion, so parts will likely have a higher cost, after that the costs are nil - maintenance, QC, feeding(filling hoppers and whatnot), and energy. I am surprised that Amazon still packs boxes by hand, the amount of human labor is insane. Remember that if we go to automation, the people working these jobs will do the following as stated: maintenance, and feeding/upkeep, it will free up human resource for greater endeavors such as space exploration. Farming needs automation, indoor farming needs to become a reality, energy/land costs are the issue. Also automated [electric] trucking as well.

>>20707254
No, coding was a valuable skill, now most of the basic work can be automated and the rest is getting replaced by Indians working for dirt cheap. Save the cope about how terrible they are at coding and how it led to the Boeing Max problem.
> trading is parasitic
Trading adds liquidity to the market. If you ever bought or sold a stock or exchanged currency, you benefited from this.

>>20707254
You allocate capital, investing has purpose, scalping does not.

>>20707364
SSR is about to merge with ASR.TO though which might boost it, but BAR (etf) has been climbing for years and seems like a good pick if and when things go south soon.

can trump tweet about wkhs again please dear lord

>>20707407
and this also includes shorting.

I don't work at Taco Bell.

>>20707490
cope

>>20707400
>now most of the basic work can be automated
You have to code the automation. GUI-based automation is young, imperfect, and way too limited in functionality while taking up way too much computational resources.
>the rest is getting replaced by Indians working for dirt cheap
Not in Defense/national security lmao >how it led to the Boeing Max problem
Do you have evidence that rajesh was working in the Boeing max? I would be surprised if you had a roster of the project team. Must mean you either work at Boeing or you’re full of shit.

DENN

>>20707511
https://www.bloomberg.com/news/articles/2019-06-28/boeing-s-737-max-software-outsourced-to-9-an-hour-engineers

Why are normies so financially illiterate? Is it that hard to Google why something like implementing a 90% tax on income over X amount is a retarded idea?

what does /smg/ do for work?

I'm a stock trader

>>20707445
Well even BAR took 2 years to recover its high in 2017

>>20707254
We reallocate resources.from.bad.to good allocaters. Thats a useful service and if done in the long run leads to more and more capital to allocate correctly

What’s this pattern called?

What are the best REITs?

>>20707622
I have to talk smooth, look good, and hit things with wrenches sometimes
it pays the bills

>>20707646
Forgot file.

what would you do with 500k~
>take it all out into 100% cash, do minimum one guaranteed profitable trade a year all in on a stock for a few % or more
>put it all in bluechips and tech and just stop looking forever

>>20707622
Corporate tax analyst.

>>20707610
it's not as if this shit is taught in school. Normies might learn a skill that they could use to make themselves more secure and less dependent on mr nosenberg

>>20707680
Tech

>>20707685

>>20707680
CLSK

>>20707622
Part time + stocks.

>>20707622
Sales and Operations Manager at an asset management company specializing in the vacation rental industry.

Anyone in on PLUG or other hydrogen stocks?

>>20707607
Damn, BAnon got bodied.

Hey frens. Trying to get into stock market trading. Is there a site I can use thats play money stock trading so I can practice, like how poker sites have play money?

>>20707511
If you think humans will forever write basic code and that computational power won't increase, I don't know what to tell you. It's a supply and demand issue, soon there will be an oversupply of coders that will suppress wages even more than they are suppressed right now through the 3rd world labor pool.

I brought up Boeing Max to specifically counter the defense industry coping argument that is constantly brought up by people like you. Even if the industry only allowed for US citizens, there wouldn't be enough jobs in it to justify all the learn to code shilling. In reality, you don't need to be a citizen, you only have to have a green card and I'm there are various loopholes with subcontractors.

>>20707777
Yes but play money trading will teach you nearly nothing

>>20707724
Not as bad as morons make it out to be. Pretty well paying too.

>>20707790
Software is useful just to develop thought patterns even if not a coder

>>20707760
any interesting stories?

>>20707296

SLV will go to zero when it gets delisted soon. Don't know why you wouldn't just buy SILJ if you want leverage to the price of silver.

https://www.youtube.com/watch?v=XliHE6QgljY

>>20707777
Most companies offer practice accounts but they generally suck. You will take risks you wouldn’t normally take and make millions thinking your the greatest trader ever

>rubs hands gleefully

>>20707622
>construction
Canada depends on this goddamn industry so much Toronto just straight up gave every construction firm a pass on the shutdown protocol. There's so much work available in construction rn its mind boggling.

>>20707774
i have never seen an image i agree with more

>>20707822
Daily. It's amazing how dumb people can be despite having money.

I tried to make running a vacation rental company sound posh. We manage about $250 million in property, do about $17 million in rental sales a year, and then $20 million in RE sales. I bitch about my jobs sometimes but could never see myself doing anything else. I need to find a way to get some ownership %. Have ran shit for the owners for 10 years and they are making bank ($2 - 3 mil a year). Have a family friend wanting to sell their company with 80 luxury condos doing the same thing next year and I'm just going to have to sack up, ask bossman, and say it's either cut me in or leaving. Those 80 condos would add another $6 million in sales so it should add another $1 - $1.2 million in commission to the company a year.

Funny story - we are in Alabama so it's pretty red. Last week we had a tranny rent a condo. He left a blow up doll when he left and called back for it Thursday to see if we could shit it back. Deal with weird shit like that almost daily.

>>20707254
The people who make it out of the 2020s alive without being eternal debt slaves will have combined skills in computer science, mathematics, and finance. The new "side hustle" will be programming a trading bot.

>>20707774
so close to lucky 7s btw
cheks for posterities sake

>>20707622
I used to be a nuclear power plant operator but now I'm going through some medical issues.

>>20707831
Do you really think they'll all be dumb enough to totally fail on passing another stimulus bill before recess? Honestly curious, because that seems like they're just willfully walking into a shitstorm. Who would want to vote these people back into office after that? Also what the fuck is up with them even going on recess in the middle of a pandemic? Party aside that's some abhorrent shit

>>20707607
>In one post, an HCL employee summarized his duties with a reference to the now-infamous model, which started flight tests in January 2016: “Provided quick workaround to resolve production issue which resulted in not delaying flight test of 737-Max (delay in each flight test will cost very big amount for Boeing"

Kek.

>>20708005
>nuclear power plant operator
ever saw the German TV-series Dark?

>>20707622
my wife has a massive social media following and i just live off her megaincome and play with paper and options all day

RENTS DUE MOTHERFUCKER
E
N
T
S

D
U
E

M
O
T
H
E
R
F
U
C
K
E
R

>>20707774
I have no idea what he was thinking. It's not even a year since it happened.

>>20708089
>>20707831
can't wait for clueless late fucks like you be destroyed by the mm and hedgies

>>20708089
ehem *actually* theres another extension

>>20708057
Yeah, it was okay. I wouldn't say it's an accurate representation of a nuclear plant at all though. Honestly I thought season one was great, then it declined from there.

>>20708047
McConnell is a psychopath and has been known to use liberals' empathy against them and hold the poors hostage. "Well, well, well, if we can't pass this bill then all those poor families will suffer. Wouldn't that be a shame. Oh well."

>>20708144
I remember one guy on /int/ saying a friend of his was a nuclear power plant manager at Germany earning €250K a year

>>20708078
Absolutely based.

>>20708089
EVICTION PROTECTION PROGRAM EXTENDED

>https://www.tickerreport.com/banking-finance/6011200/advisor-group-holdings-inc-makes-new-investment-in-workhorse-group-inc-nasdaqwkhs.html
holee fuck

>>20708180
Dems are 10 times more schizophrenic. All of the people rioting on TV - they are getting $900 a week in unemployment plus $200 a day via Visa prepaids by Soros. Liberal states are literally refusing to open. Fuck them. If it was just $600, the GOP would be on board. The problem is (((Pelosi))) adds earmarks such as "getting off fossil fuels completely by 2025“, etc. Her father helped form Israel yet you are here thinking it's about a few unemployment pennies.

Fuck reddit fags, go back.

>>20707296
Why wouldn't you hold an INTC call at least short term? The dump due to the tech bubble crack and earnings tanked the price super low, there's bound to be a correction on Monday. Intel is still a good company to hold long term, even if AMD is doing well right now.

>>20707296
why would you buy intc calls?

>>20708270
and ARK has 500,000 shares

>>20708204
Not for long.

>>20707842
Also Canadian and also construction. Although road construction. $32.50 an hour with overtime after 9 hours per day.

>>20708281
>>20708278
I don't hold any INTC it was a joke

>>20708316
>September SLV call bro
BASED

>>20708302
energie schafft gemeinschaft

>>20708204
Yeah, it's pretty easy to get a six figure salary. I wouldn't be surprised to learn that a manager makes that much.

>>20707490
Imagine coping this hard...

>>20708270
I fucked up so bad in WKHS. How bad? Pic related.

>>20708411
Stop being greedy and take some fucking profits.

I'm not planning to hold those SLV calls and pray silver goes to $40. I'm gonna sells a little bit every day as long as I think it's likely to keep going up

>>20707622
A parts guy at a car dealership. Please, end it.

>>20708461
he implied that he didn't buy wkhs at $0.5

>>20707407
wrong
daytraders provide liquidity to the markets

youre welcome

G-guys?

>>20708506
>daytraders provide liquidity to the markets
wrong

>>20708476
Why did Beethoven go to the car dealership?

Fur a lease

>>20708527
>wrong

wrong

>>20708511
wow it's literally nothing

>>20708538
>wrong

>wong

>wrog

wog

>>20708511
>61k shares
Thats like nothing and a half.
I also remember all the institutional investors that bought LK. The day before it dumped.

>>20708511
>buying mastercard/visa stocks
you might as well just buy index ETFs

>>20708461
>Stop being greedy and take some fucking profits
I didn't put anything in it. Would have been a millionaire (barely) if I would have done nothing but go all in when someone recommended it.

>>20708583
I'm just worried that jews might rug pull my sweet sweet NVDA gains, don't be angry at me

>>20708583
Its like a better QQQ
I dont mind

>>20708278
It's going down even more this week

>>20707636
>We reallocate resources.from.bad.to good allocaters.

that's true if you're making a long-term investment, not true if you're trying to live off trading aka gambling. In the long-term, prices follow profit, in short-term prices are irrational and vary randomly.

>>20708624
hindsight 20/20 yadayada, do you hurt yourself for missing out on NVAX too

>>20707649
YouTube it fag

>>20708275
>getting off fossil fuels completely by 2025
Is that really in the fucking stimulus bill or are you just hating on libs in general? I hate Nancy with a passion so I'd love some more fuel but let's at least be accurate

>>20707622
State Govt worker. Thanks to our virus friend you could say I'm semi retired. I'm still getting paid in full but I go in on an as needed basis. Been like this going on 3 months now... God I hope it stays like this the rest of the year. The whole thing is informal as hell. No real time tracking, I just submit my time from home. They need me, I get a call from my boss. I go in, do whatever, then most time I'm back home by 12 - 1 in the afternoon. I'm loving this to be honest.

>>20707254
that way of reasoning went away with the industrial revolution you got people spending life and limb just to simp for ethots and vtubers basement dwellers who make it big off of monkeycoded flash games. At least with trading value can be used by a corp with productive motives

>>20707842
That awesome wow, good job!

Leaf here as well management for a large property manager. Only $26.50, however my work is super easy. Isn’t what you guys do pretty rough?

>>20708757
Depends. If you predict covid and mega short very early you are sending signals. If you go mega long in late march you send signals.

The larger your capital and correct record the more others care.

So there is some real usefulness in the long run. Also you have to imagine what one might do with a lot of capital. Stock trading might be the best way for some to get wealthy and have the stability to go all in on some useful pursuit.

>>20708783
Nah, I'm 50,000 shares deep in ATNM. My time will come.

>>20707970
Sounds pretty fun honestly. You probably have to deal with nasty shit sometimes though

>>20708511
>Banga Ajay
I bet this is how corporations get around the People of Colour quotas by hiring off-white pajeets who aren't as retarded as niggers.

>Kudlow says coronavirus relief will include $1,200 checks and extension of eviction moratorium

Futures are gonna rip green my niggas.

https://www.cnbc.com/2020/07/26/kudlow-says-coronavirus-relief-will-include-1200-checks-and-extension-of-eviction-moratorium.html

>>20708965
When will results be out?

>>20708738
doubt it desu

>>20707254
>muh gdp
All I care about is adding zeroes to my bank account.

>>20708906
>G
Any advice for getting a good govt job?

Anyone into BOIL or GSAT?

>>20708931
That’s about $14 American bucks right?

>>20707254
True. But vacation landlords are the uberparasites. So there is that...maybe?

>>20709073
Futures will be green anyways
We all know if monday is red shits on fire. No way the big bois will let this market drop.

>>20709073
Not what I was hoping for....

But I guess that’s why bitcoin has ripped to 10k. Always hedge your bets

>>20707490
Have you considered working at taco bell though?

>>20709129
$19.77
I think that’s a good wage in burger land right?

>>20707777
lvl 100? Fuck now I'm gonna die and have to refarm these mythryl ingots. Fucking game

>>20708270
I have 170 shares with a shitty $13.7 entry.

>>20709176
>Always hedge your bets
I wish I had the IQ to do this but I'm a retard all-in kind of guy. At least this time I think I called it right, SPY 340C 8/7

>>20708965
>Phase 1
i sure hope you know something else about that company because the success rates for approval from phase 1 (never mind preclinical) is much lower than a coinflip. That image tells me nothing, never mind if a drug actually has prospects to be a breakthrough drug or just another copycat drug.

but honestly, you'll probably win out in the end so long as you take your profits on time. I really doubt the market cares about the actual risks with pharmaceutical companies. It looks like they just pump brainlessly on any news.

>>20709172
There has been a red Monday since May.

>>20709198
Solid middle class making it wage

>>20708270
>>20708411
What do all these mean? Bullish or?

>>20709219
You’ll probably be safe with that bet, I wouldn’t worry that much

when does pre market open?

Hello anons. Have a nice day

>>20709266
Right after I fuck your mother

>>20709073
Good news is now bad news
Amazon will post record profits on the 30th and then tank right after dragging that nasdaq with it

>>20709274
It's already night where I'm from, but have a nice day too anon

>>20709116
Well you gotta scan the job openings and go from there. A lot of jobs let you substitute exp for edu. So you could get a entry level job with nothing but an H.S degree and work up the ladder. Via promotions or just a straight up transfer into a different job. The only catch is the 6 month probation period. New hires go on this for 6 months. You gotta watch your back. Toe the line and you'll be ok. After your past 6 months your untouchable unless you actively try to get fired.

Is based Killa Cam a /biz/ness man?

>>20709249
Nice

Now if the USD dollar can crash and the price of oil goes up my dollar will be on par again. O man were in business!

>>20709285
Whens that?

>>20708845
I haven't read complete current bill. In previous bill, dem counter proposal to the first one back in spring, they did include similar things; going after the airlines about muh co2 emissions, affirmative action quotas for corporate board of governors, etc.

>>20709073
Not sure how much fuel is left in pumping stocks but this is igniting some serious rocket ships for commodities.
Dollar slips much more the economy will be moving back towards bartering.

>>20709227
No, I mean this monday is very important. We had two red days and we all hodl and hoped for a good weekend. If monday is red as well there will be a flight from the markets.
>>20709274
Thanks. Its already 8pm here but I had a great gym session. Felt like puking but did a new PR with a lot of screaming. Finally got back to 85kg on the bench for 5x5.
Thats was nice

>>20708078
easy rider

>>20709274
I appreciate that. You too cutty

>>20709301
Thanks for the heads up. I graduated this May and its been an absolute shit show trying to get work

>>20709316
Forgot pic.

>>20709287
My prediction is oil and other industry stocks will rise while tech dips. Basically making a very small net gain for the Dow etc.

Screencap this

>>20709335
Just hodl more. This week will be volatile

>>20709335
>Hoping for flight so I can buy more cheap shit. Green or Red doesn’t matter much for me
But I hope the best for you. Big green day so you can unload those bags

>>20709377
What is your basic diagnosis for the coming week or so???

>>20709335
Seriously I remember endless bears and doomers during the beginning stimulus debates and delays. Are the people who sold on.a day delay in. Stimulus happy now?

Just look out further than the daily shit and play the trend

I bought Intel after the 18% dip

This was just too much imo. The question is, sell after a rebound or hodl longterm.

>>20709377
Im a pro hodler
I never sell. My last bigger sale was 30 ounces of gold for 100 MA and some 100 more QQQ back in... June I think.
>>20709393
I dont know. I also write options so market green or market crash, i dont mind. If we crash I will sell some more gold.
>>20709431
>Are the people who sold on.a day delay in. Stimulus happy now?
...
What?

>got text from part-time job (im a student) they might need me until September because someone is on corona LOA
>no update for over a week
thank god, i wanted to keep collecting corona NEET bux for a while longer.

Reminder that the DXY is sliding at a rate that you need 0.5% gains per day to beat inflation.

>>20709400
Enough mix of news anyone can take control of market. I only expect volatility.

I am guided by 40+ day eventualities right now and just holding long because end of aug will be a big decrease in vix with antibody cures and stimulus passed.

>>20709467
DXY doesn't measure inflation

You think REITs are good to buy right now? I'm trying to be cautious because I think we're going to crash in August. Evictions and foreclosures are going to start piling up. Maybe I'll just hold out until then.

>>20709460
Last stimulus passing we had red days on fear of no deal.

210 MINUTES LEFT

>>20709502
It's the measure of inflation for anyone in the world not living in the US and trading US equities.

>>20709363
This general is severely lacking in cat gifs

>>20709438
sell after a rebound and put the money into TSM when it gets a pullback
can you seriously hold INTC confidently for 3 years when they just announced they're be even further behind AMD/TSM? This isn't the first time and it won't be the last unless there's actual changes in intel's stubborn leadership/mentality.

Intel had one hope (Keller) and he already left this year.

>>20709510
Too bad futures.open means nothing

I want to see what china leadership does
-5% friday after trying to pump retail traders into the.market via state news

>>20709467
>Dollar basket equals inflation
The Euro went from 0.8 dollars to 1.5 dollars to 1.1.
Did you notice any inflation or deflation?
>>20709510
Already doing some fake -3% Futures pics as we speak.

>>20709438
sell rebound, AMD is going to take over long term unless something at Intel changes ASAP

>>20709560
>-5% friday after trying to pump retail traders into the.market via state news
Rich Chinese are smart enough to understand that the situation is dire when the gouvernment tells people the situation is fine.

>>20709335
Man I wish that I could bench. Got a chest injury from doing pull-ups and it's taking months to heal:(

Xi jinpimg inversed all of sun tzus lessons.

>>20709600
>Got a chest injury from doing pull-ups
what how

>>20709593
No I meant earlier in the.month they state news pumped stocks.on retail investors

Then they tried to slow it down

Now it took a big hit on usa tensions

Wanna see what they do on mon

>not just taking 1-2 hour bike rides every day
You're doing it wrong. It feels very good, and it's not even boring, if you live in a big city with lots of things to see.

>>20709508
no
i shill canadian REITs here often and the consensus is im a retard underestimating the risk of a real estate crash

>>20709627
You can easily pull muscles. Or just bruise the flesh or tissue. Not hard really

>>20709572
this. as long as the current CEO stays, intel will be falling off a cliff and lose the race against AMD.

Cant decide if I should sell 5 puts 175 soxl, or buy 500 shares and sell 5 covered calls for next month... I could do something similar with TSM except weekly

>>20709638
i do it in my MTB but I have to take a shower after everytime

>>20707622
Pilot, sucks to be me now

>>20709656
Its not worth it imo. Would pay the premium for a better executing tech company than one floundering for 5+ years.

>>20709600
I once hurt my shoulders because I went to a gym during vacation. Was not used to their weird equipment and had a whole month without workouts.
It was just a month but being able to train chest and back again felt so good.

I feel your pain.
>>20709627
I once damaged my hip flexor from chin ups.
Landed like a tard and couldnt squat for three weeks.
I dont mind as I started stretching properly before squats from then on and its amazing. No more stiffness or aching anywhere.

if that dam does break, what will they use for electricity?

>>20709486
Thanks. Last question. You mentioned Antibody cures. What do you mean by that? You believe we are on the verge of a breakthrough with medication?

>>20709678
Can you pick me up and fly me to the Rocky Mountains? I need a break.

>>20709707
Eli lily and regeneron both have antibody trials ongoing with 100,000+doses in august ready if emergency authorized

>>20709743
Is that for people who are very ill? Or for preventative medicine?

How do I buy TAAS? It's not listed with my current broker.

>>20709805
Who do you use anon?

>>20709707
https://clinicaltrials.gov/ct2/show/NCT04452318?term=Regeneron&cond=Covid-19&draw=2&rank=4

Here is one of the frontrunners in phase 3

>>20709803short term prevention probably 5 months and cures existing if before major damage obviously.

>>20709825
TD

>>20709861
But vaccine wise its too expensive and supply limited. If done smart only used on old high risk doctors and then given to anyone who has risk symptoms

>>20709678
Which airline?

>>20707622
I am a technical writer for an E-commerce company

>>20707622
military. everyday im trying to do as little as possible and collect.

>>20709508
I want to buy too but i'm trying to wait until autumn.

>>20709999
Based and checked. I was an airman for 4 years and just floated by lazily and unnoticed

>>20709549
>can you seriously hold INTC confidently for 3 years
Yeah, i tend to agree. Might collect some AMD. What about their earnings next week? Beat?
>>20709572

The other big therapy is eid-2801 which is an oral pill and in phase 2. Its very effective maybe 10x remdesivir.

Who's ready for yellowstone to erupt next week?

>>20710053
Doubt it. AMD never met earning expectations

>>20709508
No, you're buying the top. The FED bought all of the dip weeks ago and literally everyone I've talked to is feeling the city ASAP.

>>20710188
Fuck real estate

>>20707622
Look at paperwork all day for a retail bank. It’s the most mundane middle office shit ever but at least there’s steady income for me to lose in the stock market.

>>20709274
thanks anime girl
I'll join you for my first cuppa, just dragging myself outta bed at noon kek

>>20707823
> Alasdair Macleod says, “I think the problems with the currency are going to happen by the end of this year. I think the problems of the COMEX are going to happen considerably before that. I think they are going to be tied into a wider banking crisis. A banking crisis is certain. I cannot see how it can be avoided. . . . If our end point is the purchasing power of the dollar goes to zero, then you can see $1,800 for the price of gold and $19 for the price of silver is chicken crap compared to where it’s going to go. So, this is a major, major move that is happening, not because they are buying gold and silver so much, but because people are beginning to realize what is happening to the purchasing power of the dollar, pound, euro and so on and so forth. That is the thing to keep in mind. . . . I think the dollar will be destroyed by year end, and the price of gold and silver is infinity. . . . I think the banking crisis could start in a month. Look what’s happening to their balance sheets. . . . I think the collapse is likely to be so rapid that in the absence of any other information, the best thing to do is to hold on to gold and silver as an insurance policy just in case I am right.”

All this guessing a speculating...

>>20707622
CPA lul

>>20710235
Steady income is important, even if you aren’t making buckets of cash. A decent job with decent income is a giant plus in a recession.

Boring aside. Being employed is a giant plus

>>20710188
>is feeling the city
what does this mean? Fleeing and exiting the market?

Serious question. Who thinks we’re going to crash in August?

>>20710465
I think that we will crash in November/December around the election and it's aftermath

>>20707288
Think bigger. $60 eow.

>>20710457
Considering the cities have no laws and have been taken over by socialists and literal BLM communists, I think you know what it means. People are GTFO of the cities man, the writing is on the wall

We pump DJI until 30,000 before the crash

mark my words

>>20710465
>>20710494
The fact that we expect a crash means we wont.
Worst case a slow crab down while the dollar devalues.

>>20710550
>slow crab down while the dollar devalues
if gold/silver and oil/gas pump then stonks will also pump

>>20707671
Bankrun.jpg

>>20710526
I'm from euroland, so I didn't realize it was that bad.

>>20710597
Gold can pump randomly if people fear inflation or some central bank starts buying. Meanwhile stocks can dump if anything comes up that we didnt expect. Or if the dollar gains value or we see deflation in the US.
I talked to my bank and they expect a price of 2100 USD before the boomers stop panicking and the price will see a 2008 reversal. Meanwhile gold shops here (in Germany) are empty. They have problems with all the demand.
>>20710622
Poor douki
>>20710597
Drunk douki

>>20710550
the fact that you're not expecting a crash means there will be one

>>20708089
No more $600 a week bitches

This thread makes me sick

Guys I'm scared. What happens when they can no longer prolong eviction protection?

>>20710697
Seethe, faggot

>>20710550
>>20710691
WHICH ONE?

>>20710752
>1 post by this ID

>>20710697
Homo erectus and neanderthals were kinder and more compassionate than us given evidence and we think god's taking us to heaven but he left us down here to claw at eachother for resources. Like we did to blacks when they were slaves just 150 years ago kek people as a species are interesting

Oh well if there's another epic dip this fall in the S&P I'll bag it to. Add even more to my SWTSX fund. Added to it Friday and really added to it in march. Thanks to our virus friend and all that free govt money (and pending 2400 bucks) I'm swimming in excess green after paying expenses. Honestly I haven't seen this much surplus green left in my checking account since 2008. Gotta enjoy it while I can.

>>20710768
Cope

>>20710691
Who are we to foretell the way of the Bogs?

Fresh post from /r/latestagecapitalism. Refute this. I DARE you.

>>20710810
Shitty zingers are for brainlets

>>20710622
it's not, that's just specific areas, seattle and Portland mainly right now

>>20707790
>coding is an outsourcing job that hindi niggas and beaners do for about $1300 a month, compete against that you priviledge salty mf

>>20710810
>shitty government housing/banking policy causes a crash
Haha capitalism has failed!
>retarded government forces all businesses to shut down over fake pandemic causing a crash
Haha capitalism has failed! Doesnt get any dumber. They are literally making the opposite case they intend to

>>20710810
Wow, so companies pay taxes and then ask for a portion of that money back from the government to keep them afloat. What an outrage.
Reddit 15 year old socialists act as if the government produces its own wealth through a competitive enterprise and then evil capitalists beg for some of that dough. It was never the government's money to begin with.

>>20710862
New jersey is absolutely pouring their rude shitheads into the south at breakneck pace.

>>20710951
it was also the government that caused the crash, thats the best part

>>20710968
kek the great New Jersey Exodus is ruining the good parts of the south? That kinda sucks if true.

>>20710951
>companies pay taxes
>big companys that are owned by rich people get it back
>small companies get fucked double

I thought my new Stanley Black and Decker air conditioner was broken, but it turned out to be just unplugged. Now that it is fixed, I will review that this is an amazing air conditioner, twice as good as a generic ac available in hotel rooms worldwide, you can really feel the cool air smack you in the face. My stanley black and decker toaster and Trash Compacter have also survived decades without breaking, its no surprise SWK remains one of the greatest stocks of all time

150 minutes

>>20710810
No one gives a shit. We're not here to defend capitalism, we're here to make money.

>>20710810
Usually a company can fail and Id be right with that guy and say "Fuck them". True capitalism lets companies fail if they are too retarded to have reserves or have shitty business model.
In this case its the gouvernment that caused the shutdown. Its not like Lufthansa or Delta could have known about corona or prepared for the gouvernment to tell them not to do business anymore.

The gouvernment made these companies have troubles, it should pay for it too.

>>20710771
Educate yourself, you fool. More slavery has gone on within Africa than outside of it. Millions of Europeans were enslaved by Africans. The vast majority of white people during that time never owned slaves and the majority of the Atlantic slave trade was done by Jewish people.

https://en.wikipedia.org/wiki/Barbary_slave_trade
>>20710881
Corporations import third world labor so they can suppress the wages here and pay them a fraction of the amount. This brings down the quality of life of everyone in the country. I can't tell if your post is satire or not but seeing as you're struggling to write coherently, I'm going to assume you're Indian.

I have $80000 to invest.
I already put 40000$ into Vanguard ETFs.
What should I do with the rest?

Should I be looking to change my strategy around after experiencing some failures this and last week, or should I be regarding earnings season as an anomaly, and learn next time to just sit on cash through the duration?

>>20710754
neither. It'll be a batshit random month with no meaning like febuary 2021, for some dumb reason like Xi Jinping dying or some shit

>>20711116
How do I get 80k? I’m poor and dumb

>>20711116
QQQ

>>20711005
It is not a meme. I work in the new home industry in the south. Literally 50% of our clients are rude assholes from jersey. Coming here to vote blue and ruin us too

>>20711116
SILJ

>>20711116
do you want long term hold and forget about it? Or do you want to actively trade?

if MSFT goes up this week I promise I will only do 1 put/call on a specific stock at a time I won't go all in I PROMISE PLEASE GOD JUST DONT MAKE ME START FROM ZERO AGAIN AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>20711188
Checked.
Just great. By the time I make money, there will be nowhere decent to move to. I knew it was going too well.

>>20711156
Holy shit dude WHY would you buy oil and airlines??

>>20710951
anon if you don't think events of 2020 and 2008 were failures of capitalism and showed how kleptocratic our system is, I think you need to do some more research.

It may be the best option, and it has a lot going for it, but capitalism is obviously flawed. And the version of it we have in the US at present is deeply flawed.

>>20711252
Texas getting flooded by CA. The south flooded by yanks.... maybe Oklahoma? Arent they pretty based?

>>20711216
Long term

>>20711321
All about Georgia bro’s.

>>20710746

>>20711317
Imagine being this much of a brainlet

>>20711156
where the fuck is your tech exposure you humongous retard

>>20711156
>>20711304
XOM will rebound, 45 is good price
DAL will just take longer
you should get some solid growth stocks too tho

>>20711330
Make a solid DRIP portfolio. Blue chips with big dividends set to dividend reinvest. Maybe throw in a big growth stock or 2.

>>20711355
I'll check your dubs but just calling people names without making an argument is fucking dumb.

the protests are already flaring in Seattle and Portland. it's time, ACTIVATE IT

>>20711417
Both of those crashes were caused by the government. Some argument can be made on 2008, but blaming 2020 on anything else is the height of retardation

>>20711417
What do you expect when you say 'capitalism bad' but don't actually post anything beyond that?

>>20711481
We’re literally in this predicament BECAUSE of a VIRUS

Capitalism good.

>>20711317
Calling capitalism flawed is a worthless point. Of course it's flawed, there will never be an economic and political system that is perfect in every way. But it's the best we have.
Ironically, if we had wanted to address what people claim to be the most pressing issue, which is government-sponsored corporations with people's tax money, and too-big-to-fail monopolies, the better solution would be to decrease governmental authority and its power to regulate the market, NOT increase it.

>>20711501
Not that anon but its a virus thats been to really be less deadly than the flu, yet the Federal and state governments have been milking it for all its worth.

>>20711525
another bit of truth the commies cant seem to grasp

>>20711387
Thanks anon.
Are ETFs a worse play?
I only pay 0,22% pa for them

>>20711501
No, we are in this situation because of the government's reaction to the virus

>>20711530
I know that
Everyone knows that
Nobody fucking cares about the virus and would rather live normally. The fact is, we can’t because some fucking idiot thousands of miles away decided to eat a fucking bat.

>>20707622
I am a developer for a shitty vitamin company. It's ok though, I get away with doing little work. And it's good security if I fuck up trading.

>>20711083
it's an intended satire... my point was that, learning how to code will not assure you will get a stable or half time job.

Please don't insult me, I know what toilet paper is, so Im a beaner

>>20711549
Personally I'd swap the ETFs to a good mutual fund, which can also reinvest on dispersement. A good mutual fund, handful of DRIP stocks, and a microsoft/amazon type big growth stock or 2 imo. Whatever you do, dont listen to the gold/silver fags

>>20711577
actually, because of that nigger killed by a cop

>>20711525
>Calling capitalism flawed is a worthless point. Of course it's flawed, there will never be an economic and political system that is perfect in every way. But it's the best we have.
That's basically my point
>>20711525
>the better solution would be to decrease governmental authority and its power to regulate the market, NOT increase it.
wasn't a big part of what precipitated the GFC the loosening of financial regulations under Clinton and Bush?

I'm well aware that regulations can often cause problems, like the regulations since 2008 causing an increase in dangers from the shadowbanking industry, but I don't trust the free market or the industries to regulate effectively on their own.

>>20711577
and the government/fed actions leading up to the virus made it so any crisis would be a massive crisis.

>>20711653
That didnt cause an economic crash. That caused a moral crash

>>20711317
>chicago school economist proposed narrow banking years ago
>Clinton deleting glass-steagall act
>C-capitalism is bad!!!!

good time to buy the dip on INTC or better to wait?

>>20711668
> That didnt cause an economic crash. That caused a moral crash

>>20711653
I think BLM is a red herring, the riots were inevitable with unemployment at all time highs and people being scared and angry and legally prohibited from leaving their homes.

>>20711675
>>C-capitalism is bad!!!!
where did I say anything like that?
has anyone said anything like that besides that one reddit screencap?

I said it's the best we've got but it's deeply flawed and we shouldn't ignore that.

>>20711587
No, you can eat a bat or a pangolin without causing a pandemic, this happened because the Chinese insist on keeping wet markets and they consider it a part of their culture. They're clearly at fault in this situation, we've known for decades now that viruses are spread from the these conditions.
>>20711619
My mistake.

>>20711642
>Whatever you do, dont listen to the gold/silver fags

Keked
Thank you very much anon I will keep that in mind

>>20711156
>Airlines, meme stocks, and oil
What did you think was going to happen? (PS - I personally disagree with e.g. Cramer on oil but airlines are just indefensible right now, seriously why TF would you buy any airline stock especially now?)

>>20711587
Either way, the globohomo elite see an opportunity out of this crisis. The number of CEO step-downs before the crash, INFINITE QE, consolidation of corporate influence, vaccines, and social compliance (riots right before a Trump second term, 'wear the fucking mask!') is no mistake or panic response.

>>20711708
Exaxtly lol

>>20711754
kek based BOOYAH shoop

I think he's been right about CVX being the safest oil play and not taking too much risk.

Reminder that oil stocks are the boomer equivalent of "MUH AIRLINES AND MUH CRUISELINES"

>>20711818
Except they are actually going to recover

FOMC meeting Tuesday and Wednesday. Will we tank again like the last FOMC?

Bought msft at 200 gang.report.in

>>20711726
Capitalism is just people using what they have to produce stuff and sell them and it's only based on rules and private property, it can't "be a failure", what can fail is the regulator to do his job.

Wheres the July 27 earnings png

>>20711818
airlines and cruiselines are peak boomer
oil is just a close second

>>20711843
Bought MSFT at 200....on June 23rd

>>20711818
And what is the alternative to oil? And do you think that countries like india givea single fuck about the evnironment?

>>20711321
Yes. The fact that literally everyone hates on Oklahoma makes it a good bet, too.

>>20711851
no way man, everyone should get stuff for free man, there shouldn't be any property, if someone needs something they should just get it

>>20711685
PLEASE RESPOND~

>>20711830
>t. boomer
Play the oil contracts. They will recover months if not years before meme oil "HODL"s
>>20711911
See above

>>20712085
>Play the oil contracts
Don't tell them. They will seethe and cope even harder if they will know they missed out on +400% gains.
Let them baghold shitty tankers and oil stocks and be beaten by s&p.

>>20711911
>And what is the alternative to oil?
70% of oil production is used for transportation. The only thing in that sector that can't be readily replaced by battery electric are container ships and jets, everything else is on the way out and demand for oil will collapse. Keep in mind that it costs more to produce oil in western countries than countries where the oil is more easily extracted like Saudi Arabia. The Canadian and US oil industry will collapse long before they do.
>And do you think that countries like india givea single fuck about the evnironment?
EVs have fallen to prices where they are cheaper than ICE, so there's no issue there, but they do have some environmental policies that favor EVs. China for example charges much more to register an ICE vehicle than electric and in some places you're not even able to own one. This helps them cut down on the amount of smog.

>>20711156
I gambled my 40k on a biotech stock I did my research on and made it to 550k. Then the fucking crash came and now I have 140k left.
I could have been a millionaire by now

>>20711983
wait
intel will go down because it will lose marketshares until they are no longer lagging behind

>>20711796
lol thanks

Forgot about his CVX recommendation - I was referring to his thesis that oil as an industry is no longer investable and should be dumped (i.e. that EV takeover in 5-10yr timeframe is guaranteed). Given the current flight to the suburbs, I suspect demand will go up in the medium term. EV's are at least viable now but still not ready for prime time, and I suspect that the kind of people who think that everyone will have one don't fully comprehend the barriers to getting EVs into the hands of the 3K Civic crowd or even the 10K Civic crowd (and of course especially not the 60K F-150 crowd).

>>20707382
>it will free up human resource for greater endeavors such as space exploration
imagine believing that capitalists give a shit about the potential "endeavors" of plebs. no, it will free up people for culling via homelessness/drugs/starvation.
you better start believing in death cults because you're in one

When do futures open?

SNSS chads gonna rise up on monday. buy in before the normie pump

>>20712173
how about for a long-term hold? INTC is still a great company isn't it? what if you were willing to hold it for a year lets say?

my brother is considering as he says "loading up" right now and im trying to advise him. personally i don't like making plays like this, but then again im also a day trader who plays on technicals. looking at the chart >>20711685 it's around a level of resistance, to be fair. if anything i'd at least see if it breaks the high of that huge dropped candle is what i want to say. ideally i want to say that i'd wait to see if it gets to that strong support at $44, but i can understand that if you don't get in now and it starts recovering you might miss the boat.

so what do you think about DCA'ing in? i at least want to tell him to buy some on monday sure, but just a half or even third of a position. be able to buy more at 44 and maybe half way inbetween too, thoughts?

>>20711685
>>20711983

yes buy INTC
it will for sure be higher in the coming weeks
maybe not monday idk
swing trade it

>>20708275
This is smg, you want pmg

>>20712227
His thesis is more about what investors are willing to pay up for than what is profitable.

ESG ETFs are growing explosively and money managers are always trying to show their clients that they’re forward thinking. That’s why money managers are bidding up stocks like zoom, Shopify, chipotle, etc.

Focusing on the fundamentals like the use case for oil misses what he always talks about as the “Wall Street fashion show”. Usually the time for value and fundamentals to shine is during a recession when there isn’t enough cash to hide shitty fundamentals and companies start defaulting. But the fed has made that much less relevant.

you better went long on friday

NEW
>>20712419
>>20712419
>>20712419
>>20712419

>>20712319
>INTC is still a great company isn't it?
not really, but it has the potential to become a great company again
they are at a point where amd was some years ago, they are lagging behind technologically in a market where producing the newest bestest shit is everything
they could keep up again, and have far better chances of doing so than a startup but if they do is still in the stars
better wait for them to drop further and then invest when there is a light to be seen

>>20711787
Go back to pol you insufferable faggot. I cringe thinking of your net worth, or your stupidity in thinking you have anything to add of substance to this board.

>>20712361
I get that ESG investing is becoming popular (and while I think ESG ETFs are a big meme I can't ignore the effect they could have on the markets), but oil stocks largely return value in the form of dividends so that shouldn't matter, right? You don't need share prices to track book value / earnings if you're just getting a cut of those earnings directly.

Also, it's true that growth has beaten value soundly regardless, but I want some exposure to value in case the music stops.

>>20708275
>Visa prepaids by Soros
take your meds faggot