/biz/ - Business & Finance

Red day tomorrow

>>20759853
Silver bro’s, tell me it will turn around, please.

Whats the difference between tsm and tsmc?

>>20759897
>Silver
kek

Silver bros calm down, i thought you all knew a bit of a correction was necessary before we shoot higher ? It doesn't just go straight up you know

>>20759888
nice numbers. bunch of earnings before open so we'll see.
https://www.earningswhispers.com/calendar

>>20759897
You didn't buy today did you? That was the decade high, TGD is about to burst and the USD will be the reassured safe-haven. Screen-cap this.

>he boughtdumpit.jpg

I wet the bed again /smg/
I think it's time to join the diaperchads, no meme.

>>20759897
IT'S BEING MANIPULATED FOR DELIVERIES & THE END OF THE CONTRACT. THIS IS THE LAST STOP BEFORE GOLD FALLS UP LIKE SILVER DID AT $20.

>>20759897
Why is China stopping their investors from selling PMs?
https://mobile.twitter.com/CN_wire/status/1287968698548940800
What do they know we don't?

>>20760017
That all the CCP gold is fake

>>20759992
No I bought Thursday. I just wanted those gains.

first for mia from everglow

Whats going on with ISE National 100?

First for Opko Health

>>20760045
>That all the CCP gold is fake
doesnt this kind of practice lead to a huge economic crisis some decades ago?

>>20760045
>That all the CCP gold is fake
That's not entirely out of the realm of possible. There was story recently about some bank's holdings turning out to be fake.

>>20759897
>Silver bro’s, tell me it will turn around, please.
First time you've had the bullion banks paint the tape against you?

>>20760049
Literally who? Go post somewhere else faggot.

TQQQ will reach 130 dollars this week once it does. Sell screenshot this

does anyone use eToro?

>>20760132
nah im good i got like 10 tabs open already dude

>>20760183
I like how they don't even look good.

who nak here? we will be posting for the next 3-5 years. how you feeling? i'm alright.

>>20760146
This is going to be a wild week for tqqq. I'm buying back in on Monday, not chancing it

>>20760223
meh, I make money or I don't

>he didn’t buy slv for an avg price of $11.68

>>20760223
>>20760243


You should both seriously consider switching your positions to OPK.

NAK is not going to get the Alaskan mine started.

half my portfolio is in MYT hoping for a boost because new store opens on august 1

I hope you didn't buy TSM after it went up 20% in 2 days. Wait until it cools down before buying in.

>Gold and silver in free fall
Welp... I guess this is it. Time to die I guess. Can't believe I got ruined by shiny rocks. I'm actually astounded by my own stupidity right now.

>>20760284
I didn't go too far in, you think it's a pure scam? I'll take a look at OPK but I kind of like being an NAK holdout. It gives me a sense of identity I've been sorely lacking lately.

FUTURES ARE RED

I REPEAT

FUTURES ARE RED

>>20760017
>>20760045
>>20760090
>>20760095
HOLY FUCK.

>mfw hodling physical gold
Now if only my biomemes shot the fuck up

>>20760233
>i'm buying back in on monday
...monday was yesterday

>>20759993
Probably nerve damage causing it. Usually a fixable problem if you find a good doctor. Or stop drinking you crazy alcoholic

>>20760361
I wanna see the golds fren

Is BKYIthe next meme? I'm thinking of selling my garbage SILJ bags (pathetic 4% growth sincr yesterday when SLV pumped over 10%) and buying $400 worth of BKYI.

>>20760327
I don't think it is a pure scam but I think it's main prospect has a very low chance of seeing development. If it was still under a dollar I wouldn't be so adimant on telling people to not go for it. OPK would be a great thing to nibble into especially if there is a pullback this week. People might be taking profits tomorrow but I'm pretty certain this company will see continued revenue oppurtunities.

>>20760361
if you bought vaaxart an investors law firm is doing an investigation to sue them so if we win we get our money back and then some

>>20760295
>he didn't buy $50 "over bought" TSM cheapies 2 weeks ago.

>>20760393
No they're not, it's just ambulance chasers hoping for easy buck. Same thing happened with INO.

>>20760389
I think it's slim right now, but then I see this....>>20760356
and if the USA gets an isolationist push it might get fast tracked. I'll hold for now but also look into OPK.

>>20760336
Futures are red
Violets are blue
Nobody cares about rocks
You stupid jigaboo

Daily reminder that ktov is a cheap grab now and forever.

Shill me your latest pump and dump scam

If metals and energy + oils futures looks bleak invest in the bear stocks: DUST, JDST, DRIP, ERY. They go inverse. During the March black swan they turned mega profits instantly.

>>20760426
to a complete retard what the fuck is ambulance chasers

>>20760447
Get your own gf

>>20760324

>>20760453
Usually injury lawyers will literally follow ambulances to get clients. Meaning anyone who is an ambulance chaser is just an opportunist.

>>20760361
>keep hearing that shiny rocks are mooning
>okay I’ll finally check the prices
>gold and silver only up like 30% ytd
Is this what rockfags think mooning is?

>>20760411
I bought in for earnings, which were pretty flat, but I made money on covered calls. Also everyone totally knew Intel was going to shoot itself in the head, right?

>>20760474
oh also silver is back in the green again since this afternoon.

CAPR chads?

>>20760517
>Also everyone totally knew Intel was going to shoot itself in the head, right?
That came as big surprise to me.

DXY going up a bit tonight bro’s, does that mean it’s time to hope off the PM train?

I currently hold puts on a chink company that has pretty fucking good fundamentals purely on speculation that US-China relations will deteriorate further. How stupid is this?

>>20760517
I didn't really see that coming, really glad I only had AMD and TSM in tech at the time, been collecting cheapies as it kept dropping though. How could you tell Intel was gonna shit the bed?

>>20760517
Yeah, why didn't they just do the i9 1337X OC edition with 6GHz. Would save on heating

>>20760383
Only if u want free money. These other fags are too stupid to realize a 3 bagger is being shipped to them. Dumb fucks

>>20760356
>>20760433
Fake and gay. Check out the building to the right on the second image. The building is warped in the same way the dam is. The dam is definitely warped (and the government is admitting as much), but that image has been altered, very shittily. Still, let's pray for more rain for China. Wash the bugs away!

>>20760474
We're all gonna make it... r-right?

>>20760621
sure

>>20760527
dont fucking remind me i fucking sold that shit at 5.18 and that's why I'm still bagholding nak and sunw now kill me kill me aaaaaaaaaaaaaa

>>20760324
>>20760525
>>20760621
you hold that fucking metal close your chest weeaboo faggot. THE PM RUN HAS NOT EVEN STARTED. CONTRACT CLOSES FRIDAY. WHAT HAPPENED WHEN THE LAST SILVER CONTRACT CLOSED? HMMMMMMMMM.

>>20760620
yeah i don't know about the 3 gorges crap, i was just talking about the fake chinese stocks and the way the usa and china are butting heads

>>20760643
Idk tell me hmmmmmmmm

>>20760593
Shorting the dollar was getting too easy, it was due for a bounce at some point

Fundamentals haven't changed though, until Jerome stops printing I expect the decline to continue

>>20760295
im making it on TSM calls

>>20760324
>that
>free fall
This is the first time I pop into /smg/ after hours and you fucks are losing your minds over a 5% drop that then corrects to a +1% over all. You fucks need to calm your tits

>>20760566
>>20760601
>>20760604
Yes, I think everyone was extremely surprised considering every other tech was doing amazing. Explains the violent drop to near Corona panic levels.
Also: https://www.theverge.com/2020/7/27/21340993/intel-hardware-chief-venkata-murthy-renduchintala-leaving
However I think this is a really good chance to pick up Intel. Their server domination isn't going away over night, and just like Boeing, Intel is an important US company.

>>20760682
Good for you, remember to sell. Don't be greedy.

>>20760673
IT RIPPED 26% FROM $19 to $24.

>>20760679
Do you expect PM to continue to rise as the dollar falls?

>>20760704
thank you anon ill take profit in your honor

>>20760371
Yes. Yes, it was anon. Very good.

>>20760704
>Their server domination isn't going away over night
Reason I got some for cheap, they will be there for some years to come

Thinking of buying JPM 2022 leaps as it sits sub 100. Do you see it going to 2016/2017 levels or popping 140+ by 2022?
I bought 5 shares of APPL at the absolute top - thinking about selling and buying 5 JPM Jan 21 2022 140 C for 3.00 a share

>>20760723
You're gunna make it, pal!

>>20760742
You are betting on there being no 2nd crash or that we recover from the 2nd crash by then if it happens. That's a very dangerous game you're playing.

>>20760742
I'd hold the AAPL, desu

>>20760715
No way to know for certain, the money has to go somewhere but it could be equities, other currencies, etc. Though with bond yields completely destroyed it may be seen as a better inflation hedge than it was historically

>>20760742
dude you better fucken do it. dont be a pussy

>>20760775
I used to tout bonds, but with the yields where they are and the credit rating bubble, I'm going to vote cash with light equity exposure over bonds.

>>20760501
so will this investigation be a nothing burger?

This fucking market better be bloody red tomorrow or I'm gona REEEE like you have no idea.

Sleep tight, /smg/

>>20760767
I just think theta decay on these guys would be low and even if JPM goes back to 115 like it was in June these would be worth $7+
Short interest looks low and institutional ownership still seems bullish to me. I wouldn't necessarily hold until 2022 but I would put stop losses on any rise above 115 on JPM
I don't see another March crash happening in my honest opinion. Energy and Financials is undervalued compared to tech I see huge upside personally

>>20760742
I don't have the patience to buy calls more than 2 months away

>>20760742
Who is selling those? Pretty interesting bet. Goes down 1.5% each day (Theta), but tracks at 50% the movement (Delta).

>>20760808
I'm already balls deep on oil stock and LEAPS
Dubs and I'll post tomorrow with proof I do this

>>20760872
I hope a vein in your brain gets bloddy red and gives you an aneurysm mid sleep. Don't you dare touch my bags, I already almost committed not alive last week. I don't need any more stress

BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI BKYI

We're all going to be financially ruined. Should of never bet against America!!!!!

>>20760916
>Oil leaps
Bruh. The value of oil stocks is in their distributions, not their price.

>>20760914
Nah theta on these guys is -0.01 which is like -0.033% a day
Delta is 0.18 but gamma is 0.1 so a movement to 115 would probably be like ~0.25*20 increase in price

>>20760966
Ford better go above 7 USD motherfuckers YOU HEAR ME FORD!

Sorrow. That's what I keep feeling a lot lately. I should've never introduced my sibling to options. He has likely lost a lot of money which has likely furthered the depression I suspect he has been suffering. Can't stop feeling this sorrow either. I need to financially make it, not just for my own sake. I failed him and the rest of my family. How do I achieve this anon's?

>>20760978
Most oil companies suspended their dividends. I bought a lot of these shortly before/after when oil hit negative prices per barrel.
The economy will begin to significantly open back up after the election in November
Biden says he will gut American oil&gas if elected but I unironically think Trump will win 2020.
Even if we get a Biden presidency I think the damage done to American Oil&Gas will be offset by industrial activity in China and around the globe ramping back up 100%

>>20761041
Bro why don't you just start winning? It's the opposite of losing.

shit's so cash

>>20761041
buy KTOV

>>20761041
Go all in on /leanhogs/

Tech gonna crash. All you faggots gonna be bag holders. It’s the age of bobo.

>>20761149
post the youarehere.jpg for the 500th time

>>20761149
TSLA at 3 USD by August

>>20760983
Whoops, I had the wrong strike, I thought the delta was a bit high. Delta 19% and Theta 1%. Those greeks are already in percentages, so you mean -$0.03/day from theta?

>>20761045
Even if production goes back to 100%, they will just re-instate dividends, the stock wont go up. The problem with oil is there is finite and predictable demand and a global cartel. There is virtually no possibility of growth in the oil sector. It cannot recover like other stocks because people held them for dividends, not for growth. You would be better off getting leaps on manufacturing, finance, and tech.

>>20761220
>>20761213
No but Facebook at 110 by EOW

>>20761041
Options on Avis. They will fail. PUTS BITCHES.

What the heckies did gold just blow off top by hitting 2000? That shouldn't fuggin matter wtf
>>20760872
If we break belo 3229 for more than like 5 minutes it could go red fast, still bullish unless the fed does something in response to DXY

>>20761252
see >>20760643
This isn't even parabolic.

>>20761237
i believe it, and doge is going to moon

>>20761265
I didn't mean long term lol, I'm severely bulle precious metals over the next couple years. I'm just wondering what fuggin institution had their limit sell set to 2k exactly

>>20761058
>>20761137
>>20761139
Just leave me alone.

>>20761246
Idk anon.

>>20761283
could be anyone. I think they are protecting 2k contracts.

>>20761229
Nah those Greeks can't be percentages
Delta is between -1.0 and +1.0, a deep ITM put doesn't double in price for every $1 increase in price lmao

>>20761229
>unironically believes oil stays low forever

Anyone old enough to have dick hair has lived through endless periods of "oil is running out" arcs. Its the whole drive for alternative fuels.

Last time someone made a car that drove on water instead of gas they got killed. This still remains to this day with the oil cartel and the reason why the tesla meme will ultimately fail.

He can't fight an industry that is over 100 years old.

Oil is a finite resource. It will always go up.

>>20761321
of course prices fluctuate over time but in the near future its an industry where supply is greater than demand which means prices are low

>>20761321
Only difference this time is that ((they)) will have trouble getting rid of people like Elon. Hell even the chinks are getting into ev and the zoomers are willing to buy an ev. Oil isn't gonna die but it will not longer have a presence in commercial vehicles

Just listen to "old" Buffett

https://www.youtube.com/watch?v=j8s7pNuiINM

>>20761311
Delta 1.0 = 100% meaning the option price will move 1 point for every 1 point of the underlying. IE if the stock goes up $1, the option will go up $1. If delta were .5 (50%) then a move of $1 of the stock moves the option price $0.50
Theta -0.01 = -1%, meaning the value of the option decreases by 1% per day, So 1% of $3 is $0.03

>>20761321
Not what I said. The price is controlled and the usage is known. The economic systems behind oil inherently prevent growth. Thats the whole reason they pay dividends, its predictable.

>>20761321
>He can't fight an industry that is over 100 years old.
isn't that what oil did though?

>>20761375
How is the electricity that charges EVs generated in China?

>>20761321
>he still believes the finite resource meme after negative oil rates and shale


Boomer confirmed. Enjoy your -10%/yr Slow bleed.

>b-b-but muh 8% dividends!!!


Lmao

>>20761435
Three gorges dam

>>20761435
Coal, nat gas, nuke, hydro...

>>20761417
Thanks anon

>>20761417
Nah that's not how theta or any of the other derivates work dude - they aren't percentages. Theta differential numerator is the same as Delta the difference is a one until change in time vs a one until change in $

>>20761588
Ah fuck time to relearn it

>>20761588
>>20761417
I don't have a good way to show you because I'm phone posting.
Theta behaves the same way as Delta if you swapped a one unit change in price ($1) with a one unit change in time (one day)

Interesting video about Intel
https://www.youtube.com/watch?v=1nsX9nUFIBc

Then just today, Murphy was fired. It seems Intel was fucked hard by this dude and they finally got rid of him.
https://bestgamingpro.com/intel-top-exec-out-announces-major-reorg-following-disastrous-7nm-delay/

>>20761588
I literally just gave you the definition, thats what your picture fucking says. Theta and delta are completely separate measurements. You are fundamentally misunderstanding their use.

>>20761714
I have an EE degree dude I crushed differential equations with flying colors
Theta is not a %
The numerator is dV for both Theta and Delta you mong

>>20761787
>>20761714


Moooooorrrrttalllllll kommmmmmmbaaaaatttttt!!!!!!!

Is SLV done pump?

>>20761041
Go for the long term anon not the short term. Buy things that will keep your portfolio up and will keep on rising. Then leave a small portion for more risky things you can manage daily. This is how you make it anon. I may not have taken my advice yet but i've learned this the hard way. to start you off go into AMD and TSM and just let it sit.

>>20761806
https://www.investopedia.com/terms/t/theta.asp

Take 2 minutes out of your day to prove to yourself that you're retarded because you've already proved you're retarded to everyone else on this board
Watch the video on investopedia for Theta the example they use contradicts everything you're saying

>>20761041

Wipe thjose tears with the OPK coroana tests.

>>20761375
just invest in whatever they are using to power the electricity bro

i got energy etf :] i win

because now elon needs me still

and how are they powering the electric vehicles
???

IN UR FACE WOMBAT. KILLER

what's this pattern called

>>20761923
Expected

>>20761923
kek

>>20761923
just buy the dip bro

buy every dip

yup, its science.

Silvercucked.

>>20761923
Look at the CFD chart. It has... progressed.

it's getting worse

>>20761881
>>20761787
Oh yes, I misspoke about the theta, thats a raw amount. Delta is tracking the relative change which can be represented as a percentage between 0 to 1 (or -1). No autism on "percentage" please, yes its also ratio.

>gold
>silver
OH NO OH NO OH NO OH NO OH NO

>>20761285
How much did your bro lose

>>20761992
Silver fags BTFO as usual.

>$25 to $22 in 10 minutes

rip anons who longed silver on leveraged CFDs

>>20762021
Ehhh I think that's about it. Let's see how much more time we get to buy.

>BOGGED

any other east coast insomniacs here

IT’S FUCKING HAPPENING. BUY SQQQ

>>20761996
No they both track the change in option value V in the same way - none of the Greeks are %'s
>DELTA
>change in option value V which would be the derivative dV
>with respect to
>1 unit change in security price S which would be the derivative dS
>Delta is NOT a percentage
>One share of stock has a Delta of 1.00

>THETA
>change in option value V (dV)
>with respect to
>1 unit change in time t (one day) which would be the derivative dt
>Theta is NOT a percentage
>One share of stock has a Theta of 0.00

I'll be buying some metals and some miners tomorrow of they stay cheap
yup

>>20762109
Midwest mode, I'm working night shift

hmm, excellent

>>20762111
Why would Twitter delete a post about that?

>>20762147
Twitter is having fun playing the Rebellion to Donald Trump's Empire

>>20762162
Because their fact checkers are libtards who suffer from TDS

>>20762150
tough shit bro

BIG TECH

IT’S GOING TO ZERO

>>20762162
No cure for Chinese Flu = endless shutdowns and closed schools. Destroyed economy.

>>20762129
https://www.investopedia.com/terms/d/delta.asp
>What Is Delta?
>Delta is the ratio that compares the change in the price of an asset, usually marketable securities, to the corresponding change in the price of its derivative. For example, if a stock option has a delta value of 0.65, this means that if the underlying stock increases in price by $1 per share, the option on it will rise by $0.65 per share, all else being equal.

>>20762189
oh noooooooooo not kikebart!!! must break up facebook!!!!

>>20762215
It’s the Doctor’s story that was deleted. It really doesn’t have anything to do with the media outlet. Look further

>ahhhhhh that first coffee of the morning

Feels so good man. But where is my /coffeegang/ !?????

>>20762224
spastic evening for forex and commodities. all over the place.

>>20762224
Aloha coffee man, I’m jelly. 8 hours until my first cup.

>>20762210
Yeah exactly Delta isn't a percentage, a call option Delta can never exceed 1.00
Regular shares have a Delta of 1.00

The whole point is this dude keeps saying that either Delta or Theta is a % change in price when it's an arithmetic change +/- 0.0 to 1.0.
Your example shows the option price increasing by a flat $0.65 because the Delta is 0.65
Similarly, a theta of -0.01 would result in the option price decreasing by $0.01 for a one unit change in time (one day)

KLANG KLANG KLANG KLANG KLANG

Premarket open. No volume spikes on anything in the big cap list so far.
https://www.marketwatch.com/tools/screener/premarket
https://www.youtube.com/watch?v=9ATAR1OQBi4

>>20762223
conservacucks have been attempting to fight media outlets for decades and its been completely impotent, nothing will happen to facebook

>>20762300
>conservacucks
scoot

>>20762288
Ah here comes the volume. Norwegian and Carnival cruise going green. AAL as well. Tesla mild red.

Also a hearty welcome and slap on the back for those of you new to trading commodities, shiny variety. This shit is what these things do. Sit tight and get comfy.

>>20762288
Good morning premarket anon. Gotta go fast. The world needs me.

youtube.com/watch?v=E9oKEJ1pXPw

>>20762309
if you think trump won because he was a "conservative" then you're just as out of touch as the retards that think they can force the left to play by their own rules

>>20762350
flat earthers btfo

>TSM is down pre market
Should i sell my BLNK and CLSK to buy AMD and TSM

Holy shit NAK bagholders

go ahead and call J-Pow

he can't unrape you

Good morning, anons. I hope we all make it today!

>>20762346
God cruise stocks are shitcoin. They manage to crab with big spikes. I swear selling iron condors are actually profitable despite high volatility.

>>20762224
I could only sleep a few hours :/

>miners getting destroyed premarket
What’s going on AAAAAAAAAAAAAAAAAAHHH

>Silver getting fucked
Thank god I sold most of my calls yesterday.

>>20762479
>>20762495
weird. rocketship to ATH and suddenly it ... reverses.

Lol get rekt SLV hope u bought my puts suggestion

>>20762346
Fuck me can AAL just stop going up when I need it to go down?

how do i stop?

>Nasdaq below 10650 again
good that I dropped my calls yesterday on a hunch

Is NET worth a buy? Cloudflare seems like it will report profit for the first time so I might enter, yet I have little idea of the technical side of things. Anyone able to help?

>>20762530
YOU DONT!
AAAAAAAAAAAAHHHHHHHHHHHH

>>20762564
no its not a buy, its at an ath driven by a temporary pandemic

>>20762157
U called the bba2, I'm really thinkin this is gonna lead to a longer uptrend tho? Why do you hate precies so :<
>>20762288
>>20762346
Good morning! Did you see the robintrack data for SLV and GLD kekkies?

Any ausfags here.

What broker you use for US stocks?

>>20762564
When are the earnings?

>>20762590
Well, ok then.
>>20762609
6th August

Not even TSM will be able to save me tomorrow

So um.. did you guys at least remember to take profits yesterday.. or..? If you're not trading futures, you might need to take profits.

>>20762617
Why?
Pre market is a low volume crab. Some CCL boost here and TSLA down a bit.
Nothing too spectacular before MCD earnings come in

WHAT THE FUCK IS GOING ON WITH FUTURES PLEASE TELL ME PLEASE TELL ME TODAY IS A RED DAY TODAY WAS SUPPOSED TO BE GREEN I DON'T WANT TO GO INTO THE RED AGAIN

Fuck these fucking boomer stonks. I just want to drop a sell order and forget about it, like I do in crypto. Noooooo, I've got to check the market every day like a wagie. What's the point? I'm out

Wait? Is that people... buying dollars?
I wonder what caused the reversal tonight

Surely you didn't think that gold and silver, both of which are known for their infamous years-long crabs, would suddenly go parabolic and not have a correction?

/smg/ you did buy stock in valuable blue-chip companies and not calls and puts, right?
just imagine buying options and losing everything, despite calling market trends correctly simply because your timing was a little off

>>20761787
A partial derivative is an infinitesimal ratio, you fucking idiot.

t. risk quant with physics degree

Buy AUY?
Sell TSLA?

Reminder to buy NIO before August 3rd

>>20762910
bagholder here whats going on august 3rd

>>20762837
How can I lose everything if the market trends the way I bet and I got paid up front to write these spreads?

Nooooooo why is silver recovering

>>20763002

>>20763028
I had puts and it started out nice....

>>20763040
you just missed the huge dump (and pump) as you posted this post

Did you take profits yesterday? Or..?

>gold recovering
Heh.. wasn’t even worried

>>20759853

Oilbros REPORT IN!

XOM WILL BEAT EARNINGS AGAIN ON FRIDAY
FKING TESLAKEKS WONT GET US DOWN.
THEIR TESLA STILL NEEDS OIL IN MASS PRODUCTION AND MAINTENANCE.

OIL 100$ EONY

>>20763040
Shit
I’m gonna buy some

>>20761321
All in Ford today then?

Reminder to accumulate KTOV today

>>20759993
Could be diabetes

Wtf

>silver cummed down from $24 to $22 and back again in 2,5 hours
HOLY SHIT

>>20763059
So annoyed desu I bet it goes to 25$ now baka

>>20763179
How and why the fuck is it recovering already these were ATHs ffs about to just quit stocks

>>20763002
>Nooooooo why is silver recovering
Look at metal charts during volatile periods in the past. Not zoomed way out. 1day candles. You will see. I realize it looks unsettling if you're not familiar but this is what they do, always, forever.

So the question: how know when drawdown is typical within existing trend or indicative of a reversal? To determine that you watch the bounce and judge the volume behind the price action. Personally I like to put a stop loss just below the initial big red candle while I wait to see how things settle out. Usually that first red candle is the deepest low the thing will hit for a couple days thereafter. If it's the ^ shaped reversal, bane of my trading existence, I get stopped out the following day, hopefully not on a massive gap down.

>>20763193
everyone's scared and buying gold/silver as hedge
probably

>>20763179
FUN

Just wanted to say your all done for. Nobody here wanted to help me learn stocks so I got pic related. I'm gonna be rich and all of you are gonna be eating crow mark my words.

>26
>ath

>>20763214
sweet

>>20762963
Tbf. he was talking about buying options, not writing them as well
>>20762837
Shes fat now
Sadly she really aged like milk

>>20763193
>ATHs
dollar has never been more worthless (dxy will continue to dump until war with china or tgd), thats a double boost for these jew dragons

SP500 dumping
it's over

>>20763214
Look it even has arrows telling you where to buy or sell at. Its telling you buy high sell low

>>20763214
All the info is in the sticky you illiterate nigger

Baggie post your face when NAK dumps below $1.00 today

>>20763268
Why not finally retire the sticky? Nobody reads it anyways. Maybe ask the mods if we can have a /fit/ like sticky added to the board.

>>20763127
these SSL bags are getting heavy fuck oil the future is electric and it's clean unlike stinky oil

How do I do an inverse short?

Are people seriously going to keep buying silver?

>>20763358
A bunch of schizos scared the shit out of me tonight predicting that silver prices will keep growing ad may reach a few hundred. The worst thing is that they sounded very serious and assuring.

>>20763312
Why not just don't be a lazy nigger?

>>20763373
maybe they are right. So many idiots I know online been talking about buying up silver calls

>>20763358
Like moths to a fire

>>20761406
4:30

If Ben Graham's game doesn't work anymore, what does work?

>>20762616
I'd sell a wide strangle for earnings week

>>20762605
InteractiveBrokers

>>20763358
Do you think the reason for buying it earlier on the run has suddenly been invalidated? If so, why?

>>20763233
Hs forming in hourly

>>20763373
>>20763395
Once you see it on the main news and /wsb/ talking about it every 3 threads, you know it's probably too late to get in on it.

If you get in on it after it already mooned 40%, you're better off looking for something else to cash in on an initial 40% moon, rather than hoping the thing you got into moons 40% AFTER it already mooned 40%. That means if something was $10, and you bought in at $14, it would have to go to $19.6 for YOU to make 40%, while for the others it would be a 96% moon.

Don't FOMO, and probably get some 1-2 month dated puts while it's cheap.

>>20763436
I just felt like it’s a pump and dump but I’m usually wrong above stuff

>>20763467
You’re right, I’ve been considering FOMO into SLV this morning but now it could be risky yes

>>20762605
I'm a eurocuck and I still use Interactive Brokers.
It's fine.

>silver bounced off $24 like a rubber ball
WHAT'S HAPPENING? WHAT THE HELL IS HAPPENING TODAY?

>>20762921
july sales figures. It's beaten june sales in 18 days but when the news hit i expect a pump.

It's a painful wait since this week is going to be red

>>20763467
You sound very legit. Wanted to FOMO into silver companies. Good thing /biz/ was wrong so many times I learnt from my mistakes about quick decisions.

>>20763517
>caring about shiny rocks
ngmi

>>20763389
>Why not just don't be a lazy nigger?
Never!
>>20763358
I understand gold, you know. Even banks store it as a safety measure.
But silver? Lmao. Its needed for industrial production. You might as well stock up on iron and talk to others how you will smith swords. Just like silver people talk about a 17th century sailors daily wage.

>>20763517
Idk but I’m considering FOMOing in as I’m sure many else are

>>20763471
Okay. Have a look at the USDEUR or DXY charts. Part of the earlier selling on shinies was about the dollar showing some kind of reluctance to lose further value for the moment. Now things have again become cloudy. Have look here at hourly candles. Does that look like the start of a bullish reversal? Because it doesn't (for now) to me.

>>20763535
>FOMOing
longs or shorts?

>>20763534
I agree with that but it’s hard not to want to chase the wave even if it’s fools buying

>>20763517
I assume range bound again for another couple days at least.

>>20763548
Both

>>20763535
Buying the ATH in a precious metal? Classic /smg/

>silver is above $24
>silver is below $24
>silver is above $24
>silver is below $24
>silver is above $24
>silver is below $24
YOU ARE HERE
>silver is above $24
>silver is below $24
>silver is above $24
>silver is below $24
>silver is above $24
>silver is below $24

>>20763576
Doesn’t matter if retards keep buying and driving the price to new heights

>>20763576
silver will unironically go to 200/oz in the coming years, the question is whether we will have a pullback soon.

>>20763588
Says it’s at 22.34 here

Is UUP, FXE, FXY, FXB a decent way to short gold?

AHHHH WTF IS HAPPENING WITH TSM!?

You guys tell me if this is where you want to buy in for a 40% gain from the current point.

>>20763588
yo

Guys I have a little GI Bill left I could use for a graduate degree. I got a worthless undergrad degree and am considering going back for an MBA focused on entrepreneurship online during this covid shit. Am I buying into a meme? Anything else I should look into?

>>20763655
Coding.

WHY THE FUCK DID TSM DROP $4 IN AN HOUR?

>>20763676
I am atrocious at more difficult math my dude or I would. I'm a smoothbrain when it comes to that stuff.

>>20763676
>Coding.
This.
>WHY THE FUCK DID TSM DROP $4 IN AN HOUR?
Do you expect +15% in one day not to drop the very next day, silly? Hold your bags and be patient. It may go -5% today. Just hold.

>>20763676
S&P 500 and NASDAQ futures, might want to check those out..

>>20763699
That depends on your age. If you are not >28 then it's not too late. Even a monkey can code.

>>20763721
Im 32, I have about 200k of liquid cash I could use towards a business in the future. I am thinking about doing the MBA and then using those funds towards a business.

>>20763705
how bad a loss you think this is gonna go? TSM is my last big player, think I should cash out?

>>20763741
Then screw coding bro. I'd kill myself if I were to study all that shit at the age of 30>.

>>20763750
Too much crystallization after 30 for you to learn math again, you're better off going into the manipulating people jobs

>>20763705
>NASDAQ futures

Oh shit, I'm scared.

>>20763741
MBA is a meme, just read a few books and start a business.

>>20763746
TSM is pretty solid but it's not an unreasonable move to cash out right now to lock in gains & re-enter your position after a correction. For all you know, TSM could be dragged down with AMD even if they beat earnings but not meet expectations.

>>20763809
If it's still -0.5% in 2 hours I'd be pretty scared for tech today.

Futures Red ->Midday pump to oblivion
>Green EOD

AUDC beats but earnings tanks

>>20763746
Ok, it's -4% prehour. Sell it while you can. Get in later.

>>20763828
The MBA would be free for me.

>>20763874
'My name is the eternal crab, snibber of snabs:
Look on my works, ye Mighty, and despair!'
Nothing beside remains. Round the decay
Of that colossal market, boundless and bare
The lone and level candles stretch far away.

>>20763849
I just got on the train yesterday, so my gains were slim. I'm negative this morning thanks to the sudden drop...

>>20763953

Hi Biz, I was hoping you fellas could help me out with something. My dad lent me 30k to invest for him in the stock market, he wants the best returns he can get within a year. What would you do with that money bros? I don't want to fuck up and disappoint him

>>20763915
>free
still costs you time, but might be worth it for you if that's the case

>>20763994
Just do the opposite of /smg/ and you will be fine

>>20763994
Buy 100 Mastercard and write covered calls.

new

>>20764011
>>20764011
>>20764011

>>20763994
Tesla calls

>>20760183
ten pounds of makeup
>still not attractive

>>20763954
Then probably just hold until you're comfortable with the green. TSM is not a random penny stock you FOMO'd into, it just had a bigger-than-expected upswing based off of bad news from Intel. Very solid outlook on that company, no bad news in sight.

NEW
>>20764062
>>20764062
>>20764062
>>20764062
>>20764062

>>20764075
embrassing mate

>>20763721
There's an entire country of them in India.