/biz/ - Business & Finance

>>20834908
Fuck white people

>>20834908
There's already a thread

WHAT CALLS DO I BUY

>>20835456
buy calls of FB, AAPL, AMZN, and GOOGL.

Big tech dump is over and tomorrow theyre mooning after earning. Screencap this.

>>20834908
>Intel is for intelligent people
>Steven Universe

It is too obvious you are being ironic OP. Fuck you.

>>20835565
OP here.

I bought Intel after earning and is considering buying more, as I know Intel will recover and AMD will crash hard after the hype dies down.

As for SU, I hate the Kim Possible spam in /smg/ thread. Its time for a new cartoon mascot form /smg/

>>20835767
>new cartoon mascot
From a show that supports sjw lgbt stuff...yeah no

>>20835767
If we are going to spam western wifu shit to counter the weebs, I would think we could manage to have the presence of mind to upgrade to the DC Animated Universe instead. You know, cartoons that actually have shading and curves and appendages and shit.

>>20835988
I was going more towards Lapis in particular being Intel mascot, to balance all the /biz/ people thinking AMD will go up forever. I dont want them to lose the farm investing in meme stock like AMD and TSM.

>>20835988
>to counter the weebs
no u

Fuck this degenerate gambling I’m better off going to a casino and risking it all on a round of roulette

>>20836745
All on red because you never bet on the blacks

>>20834973
Fuck niggas

>>20836745

Go ahead, you stupid fucking bitch

>>20836651
>IrfanView
why
>t. works with DICOM images

>>20836762
Blacks have been the worst investment in history

I WAS SO CLOSE TO BEING GREEN WHAT THE FUCK

ALL ABOARD THE SQQQ TRAIN!! IT IS LEAVING THE STATION SOON

>>20837182
No, black men and women who educate themselves and innovate and actually contribute to society have been a sound investment.

Niggers are the worst investment because they'll do that on thing crabs do.

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

Fuck the US dollar. The US has to start another war if they want to stay relevant.

PRPOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

and my PRPO orders were not filled. awesome

>>20837347
>halted instantly
oof

Why is amd green

Whatcu all think of Purple Innovation, Inc. (PRPL) ?

Seems like blueballs waiting to coom and moon.

lol was down $5000 today, now I'm only down $500, what happened?

>>20837373
Went up almost 7x in 1 second.

>>20837373
>>20837392
What is this nonsense? Why don’t they want my money?

>>20837347
>>20837373
>>20837392
I HAZ 200 SHARES AT 6.12 WOOOO

>>20837477
Probably going to make it. I wouldn't have gotten in at that price myself, should've bought when I did the analysis last month. Hindsight 20/20.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>20837419
Wondering if its worth to buy some more and bring my avarage up.

Currently ive got 100 at around $20 per share.

Buy XOM to get fat dividend cover it with deep ITM calls?

Im really looking forward to august 2nd NIO july sales

>finally get 2k in at 7.76
>within 1 (one) second drops to 6.50
>within 2 (two) seconds drops to 5.92
I hate, and I mean hate, the jews

>>20837564
What’s going to happen am I going to lose my shirt

>>20837545
We ain't here to make your decisions for you

>>20837564
pumping up chink shit for a moon shoot on earnings during a pandemic is a really great way to set up for disappointment and subsequent catastrophic crash
AND it will get you very few bagholders, as it is transparent as fuck

What the shit is PRPO doing? Is this some mind game?

https://www.marketwatch.com/story/chinese-electric-car-maker-li-auto-prices-ipo-at-1150-above-range-2020-07-30

>Li said it started volume production of its first model, an SUV called Li One, in November 2019, and that it has delivered more than 10,400 Li One vehicles as of June 30. Li said it focuses on SUVs costing between $21,000 and $70,000, seeking to offer customers "unparalleled value for money with the performance, functionality, and cabin-space of a large premium SUV but pricing close to a compact premium SUV," it said.

Actually has products unlike NKLA, is a new IPO - yes it's from China but look at NIO's runup after news hit main street. You guys still have time to get in. But don't forget to take some profits.

based mods removed the gay thread

>>20837676
>Chinese EV
>Chinese

I'm not participating in your chink PnD

Thank you mods!

>>20837654
Don't FOMO. You'll just lost your money

Anyone have any suggestions for what to do with my worst bags?

AMPY down 37%, -$117
IVR down 35%, -$79
KOS down 25%, -$24
EVRI down 14%, -$45

I know that's not a lot of cash to be down but I could probably make all of that back in a week with WKHS or something. I'm almost to the point where I would rather take the gamble on putting the money into other stuff

>>20837766
Respectable decision. It will 100% dump at some point. Just need to get out before then.

Big money discreetly selling blocks of tech shares without causing a massive dump

>>20834908
Tfw you sell a stock and your sale is more than 10% of the daily volume

Why do you shit on honest tips.
Is the board not gay enough for you that you have to sling shit like the filthy ape you are?

>>20837588
Why would you lose your shirt? The company si doing great if you are scared of it falling do more research or pull out?

>>20837639
This company isn't "Shit" it's going to be massive in China.

inb4 shill or whatever fuck chinks, fuck the ccp and etc i like money however and they have it. However i do think >>20837676 is a scam. Li Auto is the NKLA of china

I got bored and cancelled my PRPO 1000x 1.98 limit order. Looks like it got unhalted. None of your orders went through, right?

>>20837802
Sell all and don't ever bother investing in the stock market again. You clearly don't know what you're doing.

>>20837851
yes and it immediately went down

This price action is gay

>>20837576
Sorry man. I set a limit order that clearly got blown past. Luckily I dodged the Jew this time. Hope it goes back up for you.

>>20837851
nope, not until i rebought at market 5 seconds later at 7.76 before it dumped to 5,90!

>>20837832
If Li Auto is the NKLA of China, then it only makes sense to buy on IPO day and sell the next day when word hits main street.

>INTCels

where is the fucking rebound?

>Let's unhalt for LITERAL seconds so we can sell to all of the stupid gentiles who use limit orders
>Instant 150% gap down
>Halted again
for your safety

>bears trying their hardest to tank the economy, but the BVLLCHADS keep STRIKING and BREEDING
UNSTOPPABLE BVLL SVRGE! Enjoy yovr stinky -200 pointer today, we'll breed back HARDER and STRONGER tomorrow.

Bvll.
Fvcking.
Svrge.

>>20837545
XOM's ceo darren woods not going to be on the call...dude is fired

>>20837862
Oh fuck off. I'm just trying to make some money like the rest of the people on here and it's supremely unhelpful dickheads like you that make the whole process pretty unappetizing. I KNOW there is good advice to be found on here but the assholes are louder

>>20837924
couple months from now

>>20837832
best of luck to you

UBI fucking when?

>>20837825
Cheers to you Chauncey!
Have the poor person bring the celebratory Schnaps

>>20837957
Never you lazy commie scum

PRPO moving but my buy was never filled ffs

>>20837830
Yeah. This board is kind of shit. I contend there should be a containment board for the cryptofags. We could call it /cry/. That would at least make /biz/ more finance & business oriented.

DOLLAR CRASHING ANOTHER LEG DOWN

What a chad

anyone got Level 2 data on PRPO?

>>20837972
Schnaps!? My good sir! This is a house of refinement! We only drink the finest Champagne here!

SILVER PLEASE FUCKING GO UP

>>20837996
Thank god this is what we need it’s the only way to squeeze abit more juice into the economy

>>20837986
>hurr durr commie
Shut the fuck up, UBI is both socialist and capitalistic

>>20838026
Who tf here has level 2? I'm licensed and I don't have level 2

why does the mainstream media not talk about how the fed is printing away our purchasing power or the fact that prices are going up ? i go on twitter and the only things trending are how orange man bad he wants to delay election or hermain cain died. nothing about how we had the worst GDP contraction since the great depression or the money the fed is printing. normies and mainstream media are so fucking clueless to whats really happening.

>>20837950
Fuck off to Reddit and don't come back. You don't deserve our knowledge.

>>20837957
Pandemic shit actually helped, when not spending like a dumbass, it does change things for the better.

Soxl at post covid ath

>>20837851
2.30 order never filled. Too late to care about it now.

lads

>PRPO
jesus christ. i just got bogged

>>20835456
Anything in tech. Tech is going to race back to aths now.

>bobos and rat "prophet" in flames and on ghislaine-tier suicide watch AGAIN

I don't know shit about the stock market but i will still give my two cents. Your welcome.

>>20838075
DON'T JINX IT

imagine unironically being a bear

Midori
Green
Friday

>>20838096
WHAT ARE SOME CHEAPIE CALLS
I'm just a poor white lad in Missouri that needs to get out of the trailer park

I know there have to be some people on here holding IVR and EVRI bags. Are you holding for some reason or cutting your losses?

>>20838063
f u c k o f f

KODAK WORTH MINIMUM $40
>KODAK WORTH MINIMUM $40
KODAK WORTH MINIMUM $40
>KODAK WORTH MINIMUM $40
KODAK WORTH MINIMUM $40
>KODAK WORTH MINIMUM $40

How long until intel is undervalued

Ah yes, the standard “extreme global economic destruction” shaped recovery. It was obvious

>>20837950
If you don't know what you're doing, buy an index fund and deposit part of your paycheck every two weeks.

You'll make far more money than the average fag here does trying to play the market

It's ogre for PRPO. Don't get in.

3500 spy end of august
Tonight we listen to 80s japan bull run music and enjoy our own decade of it

>>20838126
Sold at $25 after making a 12k profit lmfao

>>20838130
Only if it goes negative

>>20838140
le clown market xD

>>20837802
the dump part is an extremely important part of the pump and dump strategy. If you mess it up get out and try again.

>>20838126
Can someone explain what the fuck is going on here? Does Kodak have some magical expertise available that will let the pivot into whatever this fucking scam of epic proportions is trying to do? Do they have doctors and scientists and engineers?

>>20838130
Just wait a couple months.
Intel is like water, it will always exist
AMD is like fire, it burns bright but gets extinguished to $2 soon.

P R P O
R
P
O

>>20838126
>Buying Kodak

The company is a piece of shit. Trump just resurrected one of the longest standing zombies in American business. They are not innovative and will shit the bed again within a few years.

>>20838223
The pause killed us

>>20838191
Mouth breathers holding on to penny stocks like they are the blue chips.

>>20838140
All the dollars out there dont wanna be dollars
They wanna trade that for what we have
So green line goes up
Soon it will be people fleeing bonds

We are just beginning the most insane multi year bull run ever seen.

>Zoom

HAHAHAHAHAHHAHAAHAHAHAHHAHAAHAHAHAHAHAHAH CHINKSHIT GO SPLAT

CLSK chads rise up

>>20838146
Okay, and what qualifies as "knowing what you're doing"? It's totally obvious to me that tens of thousands of complete morons make thousands of dollars just by making a lucky guess and throwing money into stocks that magically 10x. If people in /smg/ would actually have a genuinely productive conversation we could literally all be doing that but for some reason the dickheads control the dialogue

panic selling bobos sold the dip again lmao. stonks only go up. green line go up forever

>>20838229

...get on google images.com...
search latina boobs...
little meth.. some coke and coffee
gets me up
no need worry no politics or money , im a simple man..

I can't believe I ever doubted TQQQ

>>20838203
why would you need doctors and scientists to manufacture something that has already been invented
yes they have engineers

>mfw bought blnk at $4 and sold at $5.50 last month

>>20838238
If you cant see how insane it will get idk

This right here is going to look cheap and value.

We are entering true bull market era like never before. Mainly because of relativity to other investments.

>>20838251
Fuck off and don't come back. You just don't get it

If msft hits 206 I won’t have to kill myself!!

>>20838275
I had 100 to be filled at 1.60 and then the pause

>>20838286
<3

>>20838275
Your buy order actually got filled in the halt? That's amazing lol

Everyone, please gather round and welcome our three newest bagholder communities! Give it up for
>KNDI
>KODK
and last but not least...
>PRPO
Good job today!

>>20838301
For instance

+30% on tech by q1 2021 is a natural trajectory

Am I winning, dad?

>>20838312
Again thanks for absolutely no help and being a condescending prick when you had the opportunity to help someone. You are the problem here, not me

*goes up

Initiating positions in: Northrop Grumman. Denny's. That is all. Oh and i increased KO position by 10%.

Going back to bed. Silver people be careful. Dollar remains weak but silver has temporarily lost momentum. I sold remainder of my position at open. Good trade, +67% all told between yesterday's half profit take and today's sell signal liquidation. Will hop straight back in if it looks good for another move.

>NASDAQ pumps green by feasting on the dollar again
BASED

>>20838324

Probably a limit sell order on the other side

>stock is called TAOP
>bought it at the TOAP

What did I mean by this?

weeeeew

>$8 dividend from TWO landed this morning

>>20838324
No fucking clue how kek

>>20838338
Stocks or options?

>>20838277
is that the ok boomer bitch? does she have an onlyfans finally? Lol

>>20838352
based

>>20837802
Sell all then realize...
SOXL is the answer. Face it. Semiconductors are crack in all but name. The desire for newer, faster, more is insatiable. Computers, GPUs, self-driving electric cars, AI enhanced smartphones, medical devices, microcontrollers, networking gear, machine learning, surveillance, infrastructure, military, the list goes on. No matter how many cores, how fast or efficient, demand requires bigger, faster, cheaper, better. The clamor for fresh silicon gives nary shit for national identity, creed, hue, gender or other vain conceit. The multitude speaks in singular. The plea: semiconductor.
SOXL couples a single ETF entry point with the the best companies the space has to offer then pushes these already stellar returns to the limit with 3x leverage. With SOXL your economic interests are aligned with hardware powerhouses TSM, Nvidia, Qualcomm, Intel, Broadcom, AMD, Micron, Texas Instruments, Applied Materials, et al. Real tech companies with innovative products people want, not """tech""" """companies""" pushing shitty ads. And like all leveraged ETFs, SOXL is rebalanced daily, accelerating gains in an upmarket while mitigating margin risks in a down.
In the last 7 years, barring the coronavirus interruption, SOXL has exploded over 55x (not even counting dividends!) yet still we are early. Semiconductor growth will proceed exponentially until every viable space is saturated with it. This is a fait accompli; the sheer number of interested parties and compelling outcomes make it so. The injection of increasingly compact and efficient sensors, microcontrollers, information processing and storage into everywhere and everything will be this era's seminal revolution, a revolution with SOXL holders planted firmly at the receiving end.
Stop waiting for more "pullback". The crash was a gift and fretting over the exact bottom is meaningless. Waiting is a failure mode. Now. Buy it now.

Disclaimer: I am/We are long SOXL and several other leveraged ETFs.

>>20838230
>>20838343
Oh had to delete your garbage post I see. Maybe you'll have a change of heart and spill some of this "knowledge" you have

>>20838352
Yay.

>>20838336
Look at the money in bonds
Look at cash in system
Look at state of real estate and small biz

It is
Beyond
Clear

>>20838048
Lazy's get the rope.

PRPO keeps getting dumped by big money who actually got filled during the hault :(

>>20838338
You're doing great, son.

>>20834908
>TQQQ mooning
Honestly why is /smg/ always wrong? Do shills post here or is everyone just retarded prey for market jews?

>>20838382
Pic related
>>20838409
Holy fuck based. Holds?

It's probably time to get out BLNK soon, hey frens? Been in since $5.65, hoping it runs a little more in the next hour or two and then I will be taking profits

>>20838203
They have their own supply of weapons grade uranium, take a fucking guess

>>20838289
>bought at $6.51and panic sold at a loss when it dumped

Where my /NET/chads at?

>>20835988
Those are some shitty titties
Yuck
Post hatley or vixen, the usual.

How’s everyone doing today? I unironically expect a rug pull before 2

>>20838354
Probably one of the only legit people posting here.

>>20838370
>-0.19%
>OOOOOOOOOO AAAAAAH
You're such a useless shitposter and you should go back to /pmg/.

>>20838389
SOXL? More like suckslol

>>20835988
Don't forget where you are

>>20837263
what app is this?

Watch ONEM. Getting in before $31 is my entry.

A lot of screenshots showing unrealized gains, it will be unfortunate if you didn’t sell before the rug pull

>>20838480
I will never recover :(

Wow, that was easy. Looks I get to eat a decent meal today.

>>20838454
You're doing better than me. Down $50

My life is over

>>20838454
I’m a little bit scared of that. Wondering if I should just ride on or cash out. I erased 2 days of losses today.

>>20838453
My point was we can do better than bean mouth stuff. I don't exactly keep a folder full of toon picts so you can post these yourself.

>>20834908
post your pies!

https://m1.finance/b7cjArkHEZfo

>DIS
OH NO NO NO NO NO NO NO NO

>>20838251
>Why do you know what you're doing

I actually make a living managing money for other people.

The crazy gains posted here are rare in reality - I'd like to see how many thousands of dollars these people have lost in the process. I'd even doubt that some of them are happening - all it takes is inspect element to edit the page.

There are so many competing voices here you don't know who has legit ideas and who's being a faggot. If you really want to make money, do your own research. Go direct to the source. Don't believe what other people tell you unless you can verify it.

>>20838048
>UBI is both socialist and capitalistic
>capitalistic
Lmao how ? Because money = capitalism ? How is me paying for your shit, taletless life capitalism ? Can i choose whos UBI i pay into ?

>>20838537
PENT UP DEMAND

>>20838508
Thanks Dad!

AMAZON PLS PUMPU

>>20837832
I'm with this anon. I tried shorting NIO, spamming FUD on stocktwats... there's alot of dedicated bagholders. I think the dip to 10.50 two weeks ago was as low it will go from here on out (barring war with U.S.) so I bought some stock at 12 and started selling puts for strikes right above the puts I bought for 8/14. Been in the green ever since

>>20838390
I ain't telling you shit bitch. You're coming into this board crying like a fucking cunt that no ones helping you sounding like an entitled brat. We aren't your fucking mommy. Plenty of great information is posted here; it's ON YOU to decipher it.

>>20838389
Sincerely appreciate these posts, best indicator for when to sell. Going to buy back in after a minor correction of course though.

>>20838514
>market buy

>>20838421
QQQ/AMZN/MA folio, with some weekly spreads and meme shit thrown in sometimes. But it's like 85% AMZN from my RSUs that I got back in 2015 when I joined Amazon.

>>20838571
you're welcome to pump his bags for the "sure thing" on Monday

>>20838286
Just wish I had bought more

>>20838445
Buy high sell low. Never change

>>20838535
can you please explain why you chose slv and not silj or sil?
t. noob regarding PM

>>20838409
How do you not sperg out with so much money? I'd spill my spaghetti trying to invest that and end up sitting all in cash out of fear.

>>20838251
>Okay, and what qualifies as "knowing what you're doing"?

Not bagholding a bunch of pump and dump pennystocks, you fucking idiot. What the fuck? Do you think we're going to give you internet hugs and tell you everything's going to be all right and everyone makes mistakes? You're fucking terrible at this. Contrary to what you might think, investing is not for everybody, and it's definitely not for you.

If we allocated more votes to people who pay more in taxes would it eventually find a good equilibrium? Sure rich people would reduce their tax rates, but then they’d have less voting power in the future and it would go the other way.

You only make gains when you sell. Rarely does a stock moon for days

>Just to hammer home the point about how different these names are, Intel management has guided to free cash flow of $17 billion this year. That's nearly twice the amount of total revenue AMD is forecast to generate. In the first half of 2020, Intel generated more than $10.6 billion in free cash flow, which turns out to be more than $58 million per day. AMD in the entire six month period generated total free cash flow of $32 million.

AMDcultists refuse to acknowledge it

>>20838619
i just compared the etf's on some etf comparison website.

>>20838540
I guess what I'm getting at is "how does anyone make informed trades in this clown market?" because all precedent is out the window at this point. Stocks appear out of nowhere and moon on no news, tank on no news, then rinse and repeat. I really don't know how anyone without insider information is able to do anything other than completely guess at how a stock is going to do through the pandemic economy

>>20838542
because that's what the fucking "B" is for moron, it's a BASIC income which allows people to pursue other work and income which is CAPITALIST jesus christ

Reminder to realize your gains

>>20838048
Its capitalistic because it puts money in the hands of poor people that the rent-seekers and other classes can suck up. UBI is just more money for the rich and nothing else.

It will just cause inflation of essentials like housing and food and nothing positive will happen.

Dollar losing value is a good thing. It’s good for stocks good for metals good or industry good for the debt the world would be a better place with the DXY at 75

>>20838540
>>20838251

I like you both.

AZN is climbing after progress curing lung cancer. It's probably one of the only possible vaccine winners that won't fall even if it doesn't win the race because it has so much other stuff going on. AND it pays dividends!

gib yolo options play on earnings with at least minimal reasoning thx bb

guys how low can the dxy go

oh fuck I should have sold

>>20838656
When though (seriously)?

>>20838421
can you explain to me how those leveraged asset funds work?

SOMEONE GIVE ME THE LEVEL 2 DATA ON PRPO GODDAMMIT

>>20838642
Super wealthy are out of touch with reality.

Should be to mid to high income families that get extra votes if anyone

>>20838573
>wah wah wah I'm the smart one u just aren't listening!!! lol git back 2 reddit
I swear, there are so many shitforbrains motherfuckers on here that clearly got bullied in middle school and think coming to boards like this just to talk shit makes them cool

>>20838642
It should be based on owning real property. Any land, it doesn't matter (something would need to be worked out to prevent shills from like subdividing parcels into 1/10000 of an acre to meet the requirement though). But SOMETHING you own and are responsible for and have to see the property tax bill every month for.

>>20838535
>https://m1.finance/b7cjArkHEZfo

>AMZN 30%
>TSLA 30%
>QQQ 15%
>STOR 15%
>XOM 5%
>TQQQ 5%

>>20838684
At your target exit price (you have one, right?)

So DXY dumping means SPY just keeps inching upward for no reason right? Like this week's 330 might be last week's 320.

>>20838694
Read the prospectus of any etf be

BLNK BROS OOOOOOOOOOOOOOOOOOOOO

Thread theme
https://www.youtube.com/watch?v=sc5iTNVEOAg

>>20838679
Hahahahaha always sell when you're green

>>20838642
That would only work percentage wise. Even then, since it is a democracy, they can eventually find a way to overturn or change it to suit their interests since they would still have the most capital, like today.

>>20838631
I'm still positive on my portfolio you pretentious cocksucker, I'm just asking for some pretty basic recommendations from people ON A BOARD ABOUT TRADING STOCKS. Fuck my life you people are insufferable

>>20838651
thanks

>>20838627
I don't sperg out because a majority of the value comes from the AMZN stocks I got as RSUs (and fully vested in 2019). I will probably never sell them. I write one far OTM call on them every week and use that money to do stupid shit that /smg/ does. I'm actually well in the green from /smg/ though, thanks to everyone here!

If that $500k was cash though, I would probably sperg out and spend like $50k on NET LEAPs.

>>20837924
They love talking about pro sjw stuff and wasting money on it so I'm staying out. Dump to $35 and maybe I'll consider it.

>>20838737
i have, apparently you should only keep it for a short period of time? how short? when is best to use it? should i put 100% of my money into the fund when I use it? should I only use it when expecting a bull run?

>>20838723
I threw money at 200 PRPO @$1.60 and because of some meme it went through. I have no idea when to sell

>>20838698
It's fucked you don't want to see it

>>20838724
You can try SPY puts if you're so confident about that

>down 7.45% today
ngmi

>>20838774
Sell half now

Best security to park cash in to maximize interest/yield but minimize capital loss in downturns?

I have 40% of my net worth in MINT right now. Market scary.

>>20838724
Much more pronounced with the NASDAQ

>>20838788
>up 2.52%
>all but two positions are red
i am the crab

>>20838719
? that's my pie though.

are these what you're recommending?

>>20838784
show me goddammit

>>20838749
Some people are just not frenly, ignore those people.

>>20838749
>Fuck my life you people are insufferable

The go to wallstreetbets and joke about le epic tendies with the rest of the faggot gang. We're not here to make you feel better about your terrible investing decisions.

>>20838754
https://www.etf.com/etfanalytics/etf-comparison/SLV-vs-SLVO

what i used.

>>20838579
>>20838694
No problem man. It helps to consider the nature of leveraged ETFs to get an idea of how to time them best. To wit, a bet for SOXL is a bet against volatility since SOXL performs best in a low volatility environment. Incidentally low volatility usually means rising prices and high volatility usually means a crash like in March. A good way to visualize it is with a 200 day moving average. If the price is above the average, volatility is typically low and the environment is good for leverage. Below that average is bad and leverage works against you.
The answer is this: put a 200 day moving average on the underlying chart, namely SOXX, when SOXX is above the average, go all in SOXL as that's when you'll get the best results. When SOXX is below the 200 day moving average sell your SOXL until you're back above.
If you look at SOXX with the average, you'll see on March the 9th we went under the average. The SOXL price on that day was $172 and on April 14th we went back above when SOXL was $117. Had you bought and sold on those dates you would have missed the worst of the bottom and gained 30% more shares to boot. But look at the SOXX chart and notice the price was roughly $222 on both of those dates. So why was it better to sell on the SOXL chart and why did it gain 30% versus being flat on SOXX? Because volatility was increasing, working against SOXL when you sold but decreasing, working for SOXL when you bought.
>>20838584
Nice. Congrats

>>20838749
Look at you making enemies with the whole fucking board. We aren't the problem you entitled cunt.

>>20838740
WTF. I wish there was an easier way to predict this stuff

>>20838805
It's all over the place, kind of looks like it will go higher tho

>>20838810
We are only frenly to fellow aspies

Coronavirus: Senate fails to pass $200 extension of enhanced unemployment benefits

https://www.wpxi.com/news/trending/coronavirus-senate-fails-extend-enhanced-unemployment-benefits/UL2455TSZNCVLJIBVDX3OIUCFA/

BLNK AND CLSK BROS WHERE ARE YOU AT?!?!?!

TODAY IS A GOOD DAY

God damn, I lost $5,000 this past week trying to day trade. Should I just put all of my money in SPY?

>>20838537
>>20838560
>draconian COVID rules
>why is nobody coming?!?!

>>20838802
When you reply to someone but you copy their text it auto posts it and I forgot to delete. That’s the allocation I’m holding right now in my M1 account.

>>20838890
Uh oh.

>>20838904
No, make smarter plays. Hopefully you learned a $5,000 lesson.

Whew, bought 500 shares of PRPO at $6.19 through market order, sold at $6.25 with limit order, and trying to buy 100 back in around $5.8-6

I think this stock still can make some big gains, Robinhood has listed it as a top mover yet and I think they'll FOMO into it and boost it once it does.

>>20838537
I mean they probably have insane "muh for your safety" rules in place that make the experience absolutely miserable to be in so it's not surprising people aren't paying full price for that.

>dollar dropping further
>PMs just crab lower
what gives ?

>>20838904
How the fuck did you lose $5000? It's always better to just play one stock at a time if you're just beginning. Don't try to spread yourself thin. Look for the best possible setup then invest like $1000. Cutting your losses is important as well. It's better to lose 200 than 600

Went all in on PRPO. I told myself I would stop gambling, but I need to make back my lost gains.

>>20838904

You need to decide on exit points, and you MUST stick to them. It's absolutely crucial that you exit when you say you will. It's the "fuck...well maybe I'll just hold, this has to go back up" mentality that loses you thousands in a week.

>>20838389
Good luck with Moore's Law

>>20838654
You buy good companies and hold them. That's it anon. All the moon launches out there are noise.

The reality is crazy gains and losses happen, but the most successful investors understand that compounding is all that matters in the long run.

I used to be like you. I tried to make speculative bets and I got burned more times than I won. I've found the most success in buying high-quality companies at reasonable prices.

>>20838749

How much you bet this guy is that K-pop and Anime dude who used to bitch about everything, like healthy groceries being too expensive, that's why he is fat, like working out being too hard ...

Dude got banned and i bet it's him playing lowkey now

>>20838947
The jews are doing this

>>20838910
Doubt it.
PENT UP DEMAND was a few weeks ago.
Now its regular demand. PENT UP DEMAND memes is how boomers get stuck bagholding oil or zoomers get stuck bagholding cruises or airlines

>>20838953
entry?

>>20838910
Why would anyone ever go to that shithole is beyond my understanding

Why haven't you boughten NET yet, anon? Dost thou hatest money??

>>20838894
Missed blnk but got clsk a few days ago. Feels good

Looks like its rug pull time

>>20838953

God speed, but chasing losses or trying to make your money back is how you get totally fucked.

>>20838873
god help me. in at 7.76

>>20838694
A longer winded answer: leveraged ETFs are based on some underlying ETF and are rebalanced daily. UPRO for example is a 3x leveraged version of SPY. So if SPY goes up 1% in a day UPRO will go up 3% and vice versa if they go down. The practical result of the daily rebalance is when you start on day 1 with 3x leverage, as the price rises your principal appreciates. So if you had $100 and borrowed $200, the appreciation of the $300 worth of SPY would be added to the $100 so at the end of the day you have $103 of principle but still borrowed $200. With daily rebalancing, Instead of starting the next day with a total account of $303, you instead borrow a little more and have $103 principle and $206 of leverage putting you back to the 3x you wanted. So when times are good your account accelerates much faster than if you had borrowed the original money and then never rebalanced. In bad times it works the other way and instead of getting a margin call you just reduce the borrowed amount everyday.

>>20838961
Moore's Law has already failed

>>20838894
been bagholding clsk for a while feels nice

>>20838973
It most likely is. You can feel the sense of entitled just by reading his shit

>>20838914
why not diversify more, senpai?

Literally only in CLSK and BLNK

>>20838947
Deflation by way of inflation

>>20838947
I feel like there’s some kind of manipulation going on between one of the two assets. Not smart enough to know which or how though but it feels fucky

>>20838953
>but I need to make back my lost gains.
Yes, surely there is no other way to do that than buying the top of a pump and dump and losing even more money.

>>20838973

Kpop's writing style is unmistakable and he doesn't whine and throw tantrums whenever his stuff is down.

>>20838961
>Good luck with Moore's Law
Marketing takes care of that problem

>>20838966
Compounding seems like something that only matters once you've already made it. I have $2000 in my account right now, it's all I can afford. A 2% gain isn't even $100. I'd have to to do thousands of times to get even close to something substantial.

>>20838961
Harder it gets less fabs can compete creating monopolies and higher margins. The design gets more expensive too.

Soxx might benefit from the increase in difficulties

>>20838955
>>20838949
>>20838930
Thanks friends. I'm actually starting out, so I might just paper trade for a while. Also I might hold cash because I don't trust even SPY right now

Heres what i have so far am i making it biz?

>>20838791
Sweaty hands activate

Glad I got in when I could. Trying to squeeze out what I can out of this. Earnings are at 5pm EST

>>20838654
>because that's what the fucking "B" is for moron, it's a BASIC income which allows people to pursue other work and income which is CAPITALIST jesus christ
..You are legit a retard. No wonder you cant trade for shit.

I made 30k dollars by holding Euros

europoors are now eurorich

>>20838504
I'm in you can dump on me now

Should I take my loss with KNDI or is it the next TSLA?

I'll never understand why retarded leftypol commies come to /biz/ threads. Just to be annoying?

>>20839021
>>20838961
>>20838389

>Moore's law bounded by the laws of space and time
>Was right until it was wrong

What the fuck guys? Moore was a fucking retard his prediction was only right for the first 50 years but the next 50,000 its not even going to be close. What a hack

>>20839098
Paper trading for awhile is a great idea

>>20839148
Spillover from the dudeweed crypto crowd

Sold blink in the beginning of the month...
Sold clsk on the 14th...

Knew about them.

Meh, I'm still up

>>20839078
go all in on meme stocks when it's early. set a stop-loss of what you're comfortable gambling, eg. 5%. take profit at 15-20% or just ride it and set a tailing stop.

i made good gains on ktov, wkhs, and solo this way.

>>20839039
I have positions in JPM and PLAY, on my vanguard account. If I was going to diversify I’d just buy

>50% QQQ
>30% DOW
>20% REIT

As far as why I don’t, I just think most of the market is duds. I’d rather go big on good value and moon missions.

>>20838966
>buy good companies and hold them
Does anyone else have a mental block at this step? I get terrified of making 20+ years in the future bets. This is my retirement money, you know? Except for Microsoft I don't think I could trust myself to correctly make such conviction calls.

>>20839148

I still find /smg/ to be the best line of defense against them. In /v/ and /tv/ political threads shit up and derail everything they touch, but here, people only care about making money, and arguing about politics does not make anybody money.

Is IV30 < HV30 a good comparison to find lower IV options to play strangles on?

>>20839179
>>20838961
If I were to give a more serious answer I'd say we have at least a decade or 2 or process shrinks to go before it's truly over. TSM has 3 and 1nm on the drawing board now and there is a lot of juice to be rung from just tweaking what we have now with gated transistors to reduce leakage. Then there's the idea of using somehting other than silicon as a substrate. My thing is I don't really care about the details I just know we're good for a while longer and my SOXL will continue to moon. When the ride is over I'll move on

>>20839179
Then it's a theory, not a Law. What science committee decided it was a Law anyway?

>>20837064
It's the only image viewer I've got that minifies its UI down to nothing but the window border

>>20837347
>>20837373
Ok, where did the news drop? I need to start paying attention to that.

>>20839016
By SPY you mean SP500? For UPRO?

Since I'm already heavily invested in healthcare, I was thinking of this: https://dashboard.m1finance.com/d/research/funds/details/U0VDOjM5MjE%3D (stock ticker: CURE)

Should I go all in to maximize the 3x leverage?

btw thank you for explaining this.

>>20839241

>Except for Microsoft

>>20839268
Nah Im sure we have mastered computer chips for the rest of time, gonna buy dollar store.stocks now

>>20839078
>Compounding is only something that matters when you've made it

You're misinformed anon. Let's take your $2k and compound it at 7%. That will double every 10 years. If you're 20 now and retire at 70 (just making the numbers easy), that's 5 doubles. 2^5 power is 32. That means your $2,000 would become $64,000 when you retire. That's not bad.

Now let's say you start saving aggressively and save $10k by the end of this year. That $10k will be $320,000 by the time you retire (making the same assumptions). If you do that every year for your whole working life, you're going to have a pretty large amount of money to retire with.

The key to making it is to save aggressively and invest consistently to take advantage of compounding. That's it.

>>20839221
based. I had vanguard too and transferred everything to m1 finance for the cheap margin trading. however, m1 finance has a shit selection for the most part.

>>20839241
Then buy and hold the index anon. You don't have to buy individual stocks to be successful at investing.

>>20839273
I dont know i saw it being shilled and decided it'd be an interesting learning experience currently buying below 6 and selling above 6 multiple shares for a couple dollars to pass the time.

NEW:
>>20839339
>>20839339
>>20839339
NEW:
>>20839339
>>20839339
>>20839339
NEW:
>>20839339
>>20839339
>>20839339

NOK calls starting to print

>>20839312

lmao dis guy

inflation bout to bitch slap you my boi

>>20839270
He was just some guy who worked at Intel. Not even a real company like AMD or Nvidia

>+420% on BLNK calls
>+15% on INTC puts
>-4% on CLSK I bought at the top
>-$100 on PRPO dump
It's not a bad day but I did some stupid shit and I need to stop. Really though even the most stalwart minds couldn't resist the KODK FOMO, I couldn't just watch do nothing after missing that.

>>20839312
Someone cap this. It might just save you

PRPO still worth buying?

>>20839312
what if I'm dead by 40 tho?

>>20839312
The retirement age is what it is because you're not expected to live much longer after that. I don't consider being rich when I'm old "making it".

>>20839285
>By SPY you mean SP500? For UPRO?
Yep, you got it
>CURE
CURE is the 3x leveraged version of the S&P Biotechnology Select Industry Index (pic related). We only have data going back to 2015 but it's done reasonably. A bit of volatility and that can hurt but if you strategically buy and sell CURE based on volatility. Maybe put a 200 day moving average on the SPSIBI and when the price dips under sell your CURE then when the price is above the moving average buy back in. With that strategy I think you'll make big bucks with CURE going forward. Just make sure you don't hold to the bottom should things go south

>>20839439
Forgot pic of chart

>>20839342
Vanguard is pretty gay. They don’t charge for trades now but it’s a completely outdated infrastructure. You also can’t do options or buy leveraged ETFs. I used to just DCA into an index fund but now I just do my own thing which is bigger buys at once on vanguard with no fractional shares and then I DCA into my memefollio on M1.
Trying to get better but I really have no idea what I’m doing senpai

>>20839367
We've had bouts of inflation before. I'm not particularly worried. Most large companies have significant international exposure now which hedges them against declines in the dollar.

That said, I'm trying to get into real estate. I like that it can be stable, hedges against inflation, and can be purchased on leverage without getting margin calls. Plus there's a lot of tax benefits

Okay so anybody else here get hood rich off OSTK today?

>>20839520

you don't know what you're talking about friend

>>20839417
Very real possibility. My last boss dropped dead at 40. He was very successful but in the end, it didn't matter though. He's 6 feet under now like everyone else.

Buy term life insurance to protect your family against that possibility, spend time with those you love and live a good life. That's the best advice I can give you.

>>20839489
is M1 pretty easy on options? fidelity still wont approve me for level 2 (buying calls and puts)

>>20839544
Goldman Sachs seems to agree with me on inflation. I'm not worried.

>>20839241
https://investor.vanguard.com/mutual-funds/profile/VTSAX

>>20839434
I'm just doing some easy math. You could easily play with the numbers. If you want to go sit back on a beach at 60, you'll still have over $1 million to enjoy

Ben an insider, still buy the top

>tfw opened my brokerage app for the 600th time today

I need help.

>>20839784
makes me feel good

>>20839901
Me too

>>20837924
I wish I wasn't holding. The sjw agenda is strong with this one.

Real question is when do my planes come back!?

>>20839268
>1 nm process
Nigga, how the fuck do you not run into quantum tunneling with a 4 atom wide transistor?

Thoughts on IMGN? Earnings reported tomorrow morning.

>>20840211
I'm not a CPU engineer but I think they just make the traces taller. Like they turn them into valleys so the signal from one is gated by a wall from the next one over. Something like that. I know it works hence current 7 and soon to be released 5nm. Maybe look at some TSM whitepapers since they're the only ones who seem to be able to pull it off

>>20838850
I believe last night someone said 20 and 50 days work well, too.

Would this also work for buying the inverse?
Buy sqqq when you sell tqqq along this pattern, for example.

I just hate sitting on cash when it could be doing something.

I'm waiting for the next dip, so I can start this with SOXL and TQQQ, not sure soxl has an inverse.

>>20840316
>I believe last night someone said 20 and 50 days work well, too.
Yep, they work well. I prefer 200 to hopefully avoid over fitting and you don't have to trade as often
>Would this also work for buying the inverse?
>Buy sqqq when you sell tqqq along this pattern, for example.
Maybe not since those aren't really traded directly. They are more of a side effect of the actual buying and selling of the regular product. If you are looking a something that tends to go up when stocks go down I'd suggest TMF. That's the leveraged treasuries and they perform quite well in the long term as well as inversing stocks reliably. That's a much better bet than say SQQQ which pretty much only goes down and is very erratic to boot.
>I'm waiting for the next dip, so I can start this with SOXL and TQQQ, not sure soxl has an inverse.
Take a look at that TMF or maybe DCA into SOXL/TQQQ and see how it goes. I have an IRL buddy that's doing that as we speak