/biz/ - Business & Finance

St. Ignatius of Laconi, the patron saint of beggars, blesses (You) and blesses the global financial market.

finna buy that NET dip

>>21239573
NACP is not doing poorly though. It has a bunch of tech as it's top holdings.

Which one of you fuckers told me to buy RKT calls

Hoping for more Microsoft cheapies tomorrow before I add to my position.

yo can anyone give me that sinking ship crash pasta reference ? i tried to search it, but cant remember who said that about markets, it was a pasta on chan

Cheap apple is gonna be bagged on 8/31.. I would add to it now but it'd fuck my avg up. Ride the rebound from 125 back to 300. Won't have to do nothing but wait and let our virus buddy do his thing come fall/winter.

So is there going to be another crash when corona ramps up? Nov?

>>21242806
Kiddies + regular flu + cold weather + virus pal = cheap stocks.

>>21242602
Got a target price?

How much stonks do I have to accumulate to make a robo girlfriend?

>>21242573
That gamblers high on options is insane I can feel my hearth beating hard

Imagine it if Apple goes from 125 back to 400+ by winter this year once our virus buddy strikes again and sends investors back into tech stocks biggly.. Epic green.

>futures

>>21242879
1000 shares of ARKG

>>21242573
>zesty
is it though?
You know what's quite zesty?
>>21242879
only the good ones

>>21242806
DEAD CHILDREN THE DEMOCRATS AND BILL GATES ARE WORKING ON DEAD CHILDREN DEAD CHILDREN

SOON WILL BE THE YEAR OF THE DEAD CHILDREN

>>21242806
Yes retards can crash the market all we need is a crying Karen on tv to make the markets crash

Put $1500 in SLV calls expiring on the 21st. Am I fucked if theres no stimulus deal?

>>21243001
based schitzo

>>21242873
yea, whatever price it is at 4am tomorrow

im an idiot, apparently my bank actually lets me trade afterhours this entire time if just check off a box and click i accept in account settings

what do i do with this extra power

>>21242959
i see you in every thread schizo-posting about the meme virus. you know how i know its you? You always refer to it as "our virus buddy/pal/friend"

get a fucking life

>>21242573
>spread the spirit of fatness
The utter state of nu-anime. How do you waifufags stand this shit?

>>21243105
I'd imagine you're fucked if there IS a relief bill.

It's going to be disappointing, it's not going to be fucking 3 trillion USD. Not yet at least. The government wants the people to suffer a little before it throws them a bone, that way we'll be more appreciative.

>>21243136
Dump the pumps. Pump the dumps.

>>21243234
WHAT DO YOU MEAN YOU DONT WANT TO FUCK THE MICHILEN MAN!?!?

>portfolio is about 35% ETFs and 50% big tech
>scared of tech bubble
Should I just slowly pull out of my positions and reinvest it in boomer stocks like KO JPM and BRKB for now

>>21243378
Never hurts to diversify. Boomers made out well today, zoomers didn't. It would help to have at least a couple toes in the DOW pond...

>>21243244
Interesting. Most people think any kind of stimulus would make boomers go into overdrive and buy Silver/Gold because they're scared of the dollar devaluing.

So do you think I'll be fine, anon?

>>21243376
No I DONT want to fuck you, in fact, I find you DISGUSTING and view you as an ABOMINABLE BEAST

>>21243401
relief bill = better for stock wrt pms
the money printing will (probably) happen either way, it's a question of where it goes
if the money goes into consumers' pockets they will buy crap on amazon and stock indices will go up
if not, then there will be more marginal demand for PMs in comparison
either way, we end up in the same place

my mom just told me fedex went up a lot (she works at fedex and gets stocks or something so she's happy)

even i want to rotate out of tech now.

>>21243401
>>21243518

Don't know.
I believe the consensus view is that there's a massive stimulus bill on the way. But I don't truly know since I don't have any connections to anyone in finance or government or anything.

I just think, in the short term, the spending won't be as dramatic as is expected.

>>21243378
take the warpill and go all in on defense - NOC, LMT, GD, RTX

I got sick of losing so I capitulated and bought QQQ calls. This means the tech bubble will pop now. You have been warned.

>>21243572
>>21243614
If tech actually dumps for a couple of weeks or months instead of couple of days like it does once in a while I think will actually buy the dip.

>>21243491
>>21243376

>>21243001
Post more I’m in a schizo type of mood tonight

'ate tech
'ate growth
'ate gains
'ate china
'ate nothingburgers
'uv burgers
'uv me oil
'uv me divvies
I can wait 20 years.
When I see big gains, I say to meself "WHOA NELLY, SLOW DOWN NOW"
Always a special place in me heart for the king of beverages
*sips*
SIMPLE AS
___________________________________
Proud supporter of YOU'RE 45th President
USMC 1981-1981
Mall Security 1981-
All I need in my life is my hog, my dog, and my beer
-Sent from my iPhone

>>21243683
absolutely based

>>21243683
Beautiful

Did you buy today so you could sell covered calls tomorrow?

>>21243572
>bubble
Meh. Tech is just due for some snibby consolidation.

I just put 10k into SOXX today did I fuck up

Certainty not a bad day today, I knew putting 100% portfolio into DAL would get me somewhere!

Should I cash out my 401k tech growth fund which has been at all time highs and move into bonds or something to ride out inevitable crash. (timing the market)

Market cap to GDP ratio is ridiculous. 177% (dipped to 140 for rona).

>Nikkei right now

HOLY FUCK

Sad day to be a FAGMAN, unless you are overweight Apple. We get um back tomorrow boys

>>21243926
>401k
How much control do you have over your 401k? Usually they just offer a small list of funds to choose from.

>>21243926
You can just rebalance to get back to your original ratios

>>21243975
>tfw 30 AAPL and 4 (four) MSFT
lel

Pick a team, /fit/

>>21242573
I see a crabs tomorrow

>>21243810
> 6am (West Coast lel)
> Open broker, go to CLSK
> "I'm going to buy 100 to start writing covered calls for practice."
> Hover over the buy button
> "Hmmm... CLSK did just pump Friday, and it's always bad to buy at open..."
> "I'll just wait and buy after the lunch dip"
> Get in shower, go about morning routine
> Get to work, open broker
> CLSK +23% and climbing
See what happens when you do the right thing? This is going to infuriate me for the rest of the year.

>>21243975
rotation was a meme, back to ath tomorrow.

>>21244006
>/fit/

>>21243995
Based. I was in similar territory until I rebalanced last week like an idiot. I just need to let the winners run.

Time to start rotating out of tech and into banks, oil and retail

>>21244006
Red

>>21243674
>I’m in a schizo type of mood
ngmi, humanity has given the devil more control than ever before in human history, this is fall from grace levels of betrayal against God

YOU ARE LIVING THROUGH ARMAGEDDON

THE BOUNDARY BETWEEN EARTH AND HELL HAS BEEN OPENED BY THE FREEMASONS, THE DEVIL WILL BANG ON THE GATES OF HEAVEN

THE EXILES WALK AMONG US

>call female broker
>yeah gimme 250 more shares of NKLA at market price
>hang up

Why do so many people do ARKK and not diversify with the other arks?

I think green as a colour suits me.

>>21244006
I’m only 30 and just started my poorfolio. I’m team blue. even if i’m wrong what am I gonna bitch about? That I STILL can’t buy a house?

>>21243810
Bought 300 WKHS today, plan to practice

>>21244069

https://m1.finance/n-2SvZB8OIf_

Nahh I'm good

>>21244091
FFFFF-FF-FUCK YOU CHAD STOP, ITS A SCAM READ THESE DOCUMENTS THE FACTS ARE ALL THERE AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>21244210
t.

SEMICONDUCTOR BROS:
here's a thing
https://www.cnbc.com/2020/08/11/china-policies-to-boost-chipmakers-as-tensions-with-us-rise.html
>China has unveiled a slew of policies to help boost its domestic semiconductor industry as tensions with the U.S. continue to rise.
>A large part of the incentives from China’s State Council focus on tax relief.
>Analysts have cast doubt over whether the policies will have a major impact in helping China’s chip industry.

Almost makes me want to get back in SMIC...

>>21243572
>>21244069
yeah maybe... maybe not

>>21244036
>CLSK
Stop falling for pump and dumps. Stop trying to chase +30% daily gains. Just ignore them. You are only harming yourself with this kind of thinking.

>>21244247

Oil -> replaced by sustainable energy per government decrees
Banks -> replaced by blockchain and automation for increased efficiency
Retail -> replaced by online shopping and automated distribution networks

What do all of these things have in common? Tech. The power structure wants tech to continue growing in power until there are a handful of companies standing which dictate our every thought and action.

>>21244247
Lol sounds similar to what I did with Tesla. Bought at $400 sold at $1590, read some shit about mars and bought back in the next day at >$1600. Sold for $1400

>>21244320
But anon, not chasing the pump and dump and making a sensible decision is what caused me to miss +30% gains.

>>21244247
He bought

>>21244006
The virgin Stanley vs the chad strategist

>>21243606
BA?
Pls frien my 401k

>>21243572
the fucking schnozz on this one holy shit

>>21244359
Lmao, he thinks oil will be replaced. Clearly a zoomer

Sold my CLSK at peak today. Bought in at around 6.50. Might not have been the best mood, but felt good to secure profits

>>21244021

>>21244104
till thursday

>>21244462

Clearly a clueless moron who isn't aware of what decisions (((they))) are making without his permission.

>>21244538
Look dude I hate international jewery as much as anyone but oil is here to stay.

>>21244494
that's fucked up

>>21244391
Someone, somewhere, made 1000% gains today. Did you miss out on 1000% gains? No. You didn't miss any gains. You still have all your money. You are thinking wrong.

>>21244538
Plastic is made of oil.

>>21244616
Pic related is the correct thinking.

whats up with the stocks that only have 1000 volume and stay the same the wole day. maybe bump up one or two cents

>>21244210
>tech creme
>Invest in this Pie
Your investment is a creme pie?

Is this just a hypothetical allocation, or is that how m1 works? You just design an ETF and throw money at it?

>>21242908

Playing with options is like playing with stocks x100 literally. Higher highs lower lows laughs tears this and mountain biking are the only things that make me feel anything anymore.

you guys are stupid as hell if you really think tech is going to pop in the near future. the entire market draws back, yes, the growth slows compared to the rest of the market, maybe, but tech ever dropping out of the race compared to other shit? youre fucking insane to think this, much less to BET YOUR MONEY ON IT.

This v shaped recovery is the biggest bull trap in history

>>21244626
Supermarkets have been pushing for replacing plastic bags by paperbags, and there are many groups trying to reduce or eliminate plastic wrappings altogether. Not too long ago they started using palmleaves instead.

i wanna put $10k in aapl. someone talk me out of it.

>>21244669
It's not that simple dog. That being said I wish smg did options

>>21244291
Who would trust a Chinese CPU though?

>>21244692
Tech gizmos and other toys are made of plastic. Power tools are covered in plastic. Etc.

Any other anons holding $CLSK? This fucker has been on fire lately!$$$

>>21244671
it's more that it's about to take a back seat, and probably give back a few %

>>21244692
I hope this catches on, microplastics in the water supply may very well be a cause of bitchtits and transfags or something. It's probably not good for proper human hormones.

>>21244705
Who cares about the CPU, I just want to profit from the money the CCP sinks into it.

>>21244696
aapl is going to ~100 in a month, you should wait for cheapies

Guys no bullshit do I put 3k into UDOW at open tomorrow? Anyone here think its Rise of the living Dow week?

>>21244006
face of the guy on the right is killing me. the chad smirk, he knows the fed will pump the market indefinitely

>>21244717
Metal can be used for everything.
ps.: I'm not saying oil is going away, I'm just pointing out that many groups have been trying hard to kill oil altogether by attacking these fronts far before we have things like cars and heating oil-free.

>>21244739
Haha yeah bro, we're going to the m o o n
$$$$$
(fire emoji)

>>21244741
CCP money will be monopoly money soon enough, I'll stay far away from the Chinese market.

>>21244717
jesus why does she look like that

>>21244684
Everyone talks about a bull trap or dead cap bounce. But what time span does this apply to? Can this only be applied to really short term like within a day? Or the dip we saw at the end of 2019? Or is it much longer term like months or years?

>>21244826

No one actually knows it’s all hindsight it’s super easy to make calls and call a spade a spade after a fact the stock guru talking heads are hacks

>>21244754
but isn't it the same thing? if i get $10k now, i still get the same amount of shares if i get $10k later

>>21244787
>Metal can be used for everything.
Power tools haven't been cased in metal in decades. Encasing an electric device in an electric conductor is not always the best practice.

>>21244717
Imagine being held at gunpoint to eat her out. Holy fuck I dunno bros it would suck big time.

>>21244822
bad genes & photoshop
>>21244807
I don't think you're right, as much as I'd like that to be the case.

>>21244801
Hell ya! ^^^^^^$$$$$$$$$

>>21244692
God. I fucking hate the amount of plastic that needlessly exists. There's some fresh produce that can't even be bought without there being plastic wrapping it for no goddam reason. I don't want to pay for plastic I throw out.

>>21244867
Paper bags haven't been used in decades either. Paper bags aren't the best thing ever.

>>21244894

Glass is worse. I hate going to the lake and seeing broken glass everywhere from niggers and teens thinking it’s cool to break shit

>>21244320
The last 3 months have been nothing but pump, mad you didn’t get in? Bears need not apply. CLSK $18 eow

>>21244927
At least it's not full of estrogen. Glass is far better than plastic. Just because you don't see the plastic nigging around doesn't mean it's not there and far more harmful.

>>21244927
At least glass doesn't poison the Earth, plastic should go the way of CFCs

>>21244915
Your plumbing is made of plastic.

>>21244961
>Not having copper pipes
ngmi

>>21244696
I cant because thats what I did.

>At least glass doesn't poison the Earth

>>21244822
different species maybe?

two better questions are why is she refusing Trump's offers to help with the unrest and why is she just okay with releasing criminals as soon as they are arrested?

https://www.foxnews.com/us/chicago-mayor-lightfoot-reporter-rioters-encouraged-consequences

>>21244882
if Trump wins i'll be right, if whoever controls Biden wins Chinese relations will revert to pre-2016 (which is a terrible thing to wish for, China is running concentration camps where they harvest organs and force-sterilize men, if they aren't taken down multiple pegs who knows how powerful they will be in 50 years)

Which one for 401k 50% weight, lads?

>>21244861
damn you're onto me

>>21244981
>copper drainage pipes
>2020

>>21244984
Enjoy your gay frogs

>>21245017
Nuke the frogs

>>21245009
get that image out of my face, jesus lol

What happened today NET bro’s? Was this further fallout from fastly tanking? Or was the stock that much overvalued?

>>21244961
Actually it's made of copper, but especially it's made of lead. Lots and lots of lead.

>>21244943
I got in @5.88 and a second lot @7.14$$$$$ :D

>>21244654
Kino documentary

>>21245039
finna pick up some cheapies tomorrow

>>21245050
How old is your house?

>>21244807
People here don't seem to realize that investing in foreign markets carries all the same risks as investing domestically, except you pay more taxe son realized gains, and you take on additional risk that the exchange rate of the currencies will change. It's so much more riskier to invest in foreign markets, that unless you are looking at a huge gain, you are better off looking harder for better plays domestically

>>21245005

Growth etf if you’re young something safer if you’re old

>>21245002
>Javascript isn't an obese disgusting mess
>Rust doesn't have a cock
Not accurate. At least C is a big tiddy milf.

>Nikkei
>Dow
>S&P

WYY looks interesting, they have a conference call on Thursday, penny stock with federal contracts, potential for a moon.
http://irdirect.net/WYY/press_releases

>>21245092
Thanks anon

>>21245081
It's not the house, it's cucknada. Almost the entire country has that problem. It was revealed just last year that in my city, virtually every single house was leaded to dangerous levels. Thankfully I'm not enough of a cuck to have ever drank tap water. Unfortunately, there is no way to get a real supply of water in non-plastic containers.

>>21245087
Most people here that invest internationally are doing it through some US-based fund or ADRs.

>>21244984
nah it's right
look into endocrine disrupters
And when your wife is pregnant, don't let her near any of that shit.

>>21245002
>Biden wins Chinese relations will revert to pre-2016
that's not happening
this was the road we were headed down regardless of who is/was in the white house. The powers that be don't leave things like that up to chance.

>>21245087
>Last Action Hero
>God Tier
I loved it when I was younger but I wouldn't rank it with his best. No way it's as good as I remember Eraser and Running Man to be.

But yes, we do mostly realize those things. Part of the reason TSM is appealing is that Taiwan isn't dependent on the dollar, so it adds that bit of diversification against a USD currency crisis.

>>21244927
Yeah. maybe less things should be individually packaged.

>>21245138
>Perl a tomboy
And prob listening to Rush. 100% accurate there

>>21245180
Another trick if your wife is pregnant: get her the fuck away from anything petrolatum (including virtually all makeup, and vaseline). It literally poisons the milk and fucks the developing baby before that.

>>21245071
3.80
Some anon said its a play so I bought some on a whim. Should have DD and gone all in

>>21245164
>Canada
Yeah I live there and I've done plumbing there.
Drainage pipes in Canada are ABS. Go to your local Home Depot, Lowes or Rona and try looking for drainage pipes that aren't ABS or PVC.

>>21244684
First selloff
(you are here)
Media attention

>>21244291
go back to reconsider fundamentals.
Tell me how you expect SMIC to actually reach the bleeding edge competition? Less and less people want to deal with China because they blatantly steal IPs, they've ended up isolating themselves from the west. ASML does not want to deal with China (not Taiwan). Semiconductors is much more complicated than you think that TSMC does not give a shit about China trying to copy their tech (how do you think you can copy semiconductors lol), never mind even obtaining the EUVL equipment from the west in the first place.
SMIC's only option right now is immersion lithography, which Intel has been doing. It has *inherent* flaws and Intel insisting on immersion lithography instead of moving on to EUVL (which they have no problems obtaining actually, pretty sure they already got some equipment from ASML) is exactly what caused intel to lose to AMD and have to outsource to TSM now to at least get a stalemate with AMD and stop bleeding too much market share.

TSM doesn't have a lot of upside since it's a manufacturer, and increases in production takes years to build, but it's still your best (along with ASML) if you want to increase your position in semiconductors. It'll probably just crab 90% of the time though.

mind you this isn't something you can just dump money in, competition at the very top with this semiconductor shit can easily can turn billions of dollars to waste if you mess up. It's why GlobalFoundries dropped out of the race. TSM is amazing at it because the Taiwan government has basically turned their entire country into the semiconductor industry. TSM gets massive support. Sure you could argue the CCP is trying to the same with SMIC, but they are lacking the western connections (e.g. EUVL equipment) that Taiwan has.

what else am i forgetting?

>>21244359
He thinks banks will simply give up their multi-billion dollar empires to the cryptokiddies. Oh, dear lord, I hope you are larping, faggot

>>21245223
I know the feeling. At least we get a piece of the action

>>21243393
>boomers made out well today
>zoomers didn't
Zoomers who vote Trump made out well today

>>21242802
Why would the virus getting worse help? When the virus was at its worst and Apple stores were closing the stock took a shit

>>21245229
>drainage pipes
sure, but that's moving the goalposts.

>>21243393
>Boomers made out well today, zoomers didn't
Zoomers have been eating boomer lunches since April
Unless they were midwits and went in on airlines, cruiselines, or casinos

>>21245417
It's half your plumbing. Also fresh water supply is moving towards PEX pipes which are also plastic.

>>21244291
>>21245284
i should add though, not a bad idea to diversify into SMIC if it gets cheaper. Personally I was turned off by the fact that it was OTC (not eligible in a TFSA, and I dont wanna pay taxes on my stocks) that I didn't even bother to play it, and i certainly didn't think it would pump like +100% (well it dumped a lot now though).

really risky though given the geopolitics shit right now. TSM meanwhile thrives with the US-China tensions (unless of course China goes apeshit and actually attempts to invades Taiwan), after all, I think it would have been less likely for TSM to get a US subsidy if not for the tensions.

>>21245430
>moving
Maybe in a thousand years at this rate. Lead forever. Oh cucknada!

>>21245284
>how do you think you can copy semiconductors lol
You're a fucking retard. China commits corporate espionage on the daily and has stolen an incomprehensible amount of IP and is able to reverse engineer anything eventually when enough information has been stolen and enough time has passed

Every industry that doesn't have China as a competitor right now and has a massive amount of intellectual property (re semiconductors) are prepping for China to enter the market place X years down the line because they have stolen so much shit they have everything.

>>21245464
PEX pipes are cheaper and faster to install. They're everywhere.

>>21244006
Chad strategist will beat virgin fear seller and cash holder most of the time short term and every time long term. I don't trade like either of these though.

>>21245087
china isn't a "foreign market", it's the "chinese mega-manipulated list of numbers next to names of companies controlled by CCP". i wouldn't touch any Chinese company but would have no problems investing in foreign markets (the majority of my investments are non-domestic in fact)

>>21245180
>The powers that be don't leave things like that up to chance.
the powers that be wants nothing more than the wealth brought by exploiting cheap chinese workers. trump was never supposed to win 2016, the powers that be fucked up, and he is causing many rich people to lose a lot of money in his effort to bring back manufacturing to the US.

trump's been under fire by a lot of powerful people since day one if you hadn't noticed and this year they've stepped it up with impeachment, complete lies in the media, censorship and riots that they don't want to end. with all the shit he has been forced to deal with it's surprising that trump has achieved all the things he has while in office, and more surprising he still has the morale to run for another 4 years. i think he really wants to help the country he loves, if he wanted to he could be living out his last years in peace on some beautiful island somewhere.

Should I liquidate my AMD holdings now? I'm up 120% since I bought it.

>>21244665

>>21245495
That requires actually installing them in the first place, a thing that doesn't happen in cucknada.

>>21242573
>>21243234

Why are 99% of all new anime complete trash?

>>21245284
>it’s complicated how can they copy?
They have literally thousands of PhD scientists and engineers embedded deep in every university and major corporation in the US. God you’re dense.

I'm going to kill myself if my stocks are red tomorrow

>>21243606
>RTX
Is it undervalued since April?

>>21245492
dude lol, you didn't actually say anything about semiconductors and just said a blanket statement about chinese espionage, which btw is exactly why china is getting isolated and fucking itself over.

there are two major processes to making semiconductors. Immersion lithography and EUVL. China would be bringing a miracle to the world if SMIC really found out how to make it 7 nm (as they've claimed to have) work without EUVL.

Or are you telling me that China somehow has their hands on EUVL equipment AND they will be able to reverse engineer this fast enough to be worthwhile? What do you think these EUVL shit even is? Do you understand how many ASML even makes per year and to what customers?

>>21245630
futures look bright right now. But don't kill yourself either way. Dust yourself off after a red day, and come back the next. It's alright, fren

>>21245630
Whatchu holding there?

Is all in on a cruise line a big dick play

Gonna load the fuck up on BA & UDOW this week,
Can anyone recommend me growing defense stock?

>>21245680
bags

>>21245694

If you’ve got another year to watch it not do shit til next summer sure

>>21245653
Based fren poster

>>21244692
The more tree huggy grocery stores in my area have switched to some kind of compostable. These are usually polylactic acid material, polybutylene succinate, and a certain type of cellulose. They may or may not require oils, solvents, etc directly in manufacturing (however manufacturing itself always requires oil in some capacity no matter what the product is). I looked in to investing in these compostable plastics when local grocery store started using them. There didn't seem to be a particular publicly traded company for it at the time. I should check again.

All that ramble aside, oil is never going away. Demand will always be high. You need it for EVERYTHING. Talking about EVs, you wanna build an EV? You need a bunch of stuff that uses oil to make that happen.

>>21245589
The pic I posted is from Saskatoon. I've also installed them. Every hardware store has pex fittings and pipes including Home Hardware.

>>21245613
ultimately you're just speculating because you have no idea how semiconductors are actually fabricated, otherwise you'd know it isn't as simple as that.
but sure, go all-in on a bet in china. The west isn't ignorant to what china is doing and they are becoming increasingly isolated over time.

>>21245694
i dont think so no. its a desperate play.

>>21245694
It's a early June peak Robinkiddie play. The play is played out.
Now obscure industrials are vogue.

>>21245601
Check out Deca-Dence, 5 episodes out so far.

>>21245694
Ahh yes another midwit to toss on the fire

So all i really know about after hours is that its apparently super volatile, but holy shit did anyone else see BA jump from 178 to 301 for like 2 mins? Why does that happen?

Tech is pumping tomorrow and taking RKT to the moon!

>>21245792
Google glitch

>>21245630
The fuck did you do sir

>>21245792
They used quantum theory to shift this timeline into another one where the 737 max isn’t a flying coffin for about 2 minutes

>>21245792
did it ever occur to you that maybe google's charts are just really glitchy?
use tradingview instead

>>21245601
>Implying Space Dandy was bad
Shiggy

>>21245873
It was horrible. Only a 5 years old whose only anime exposure is dragon ball super could possibly like it.

>>21245792
Most likely a glitch but it could happen if someone places a big market order and briefly clears out the order book. That would have to be a big ass order, it would never happen in normal hours to a stock like Boeing but in AH it might be possible. I feel like most brokers would deliberately break up an order like that though, most market orders are not handled like pure market orders behind the scenes because of shit like the flash crash.

>>21245862
Then why did my AH trade at 150 execute for 50 shares?

>>21245758
You do you kid, here we wait 4 months to be allowed to do anything, another 6 to get the crew together (because oy vey shekels for free, always good), and then 2 years to open a hole and another 4 to close it.

>>21245923
kek

>>21245923
post proof lad

Who here PSTH ? And when will the common/warrant split happen ?

>>21245923
proof, i want MSFT cheapies too

>>21244494
i-is he ok?

>>21245941
I can't because I'm lying lol

>>21245975
BASED

>>21245975

>>21245996

>>21246018
kek

>>21245975
nice
same

>>21245949
Here. Spreading my asscheeks for when Ackman pulls a miracle and acquires Palantir.

>>21245643
Hey retard I would tell you but I signed an NDA. Take it from an insider - China is coming and in 5 years you will see what I meant. Semiconductor companies that do not have China as a competitor will all get the rope

>>21242879
shit taste

>futures up less than 1%

This is what is considering winning now in boboland

WHAT THE FUCK

>>21245936
You have no idea what you're talking about.

>>21245873
>Space Dandy
Based.
It was pretty good.

>>21246095
read the fucking article the original poster posted, it even alludes to some of the points i made. The tensions are real and even the article alludes to the fact that EUVL equipment is being denied to China. Everyone is tired of China's bullshit. These EUVL equipment aren't some tiny pieces of shit, they're worth like quarter billion each and ASML selling a dozen of them was a record sale.

it's amazing how little you guys actually understand about semiconductors despite how fucking memed TSM is around here. Here i thought i might get some useful thoughts from you, but it turns out i was talking to clueless bandwagoners all along. im fucking done lol, go ahead and gamble your money in CCP semiconductors to prove me wrong.

Two and a half noob questions.
1. Using one of the 0 fee trading brokers (Fidelity), is there *any* downside to buying and selling frequently/rapidly, other than the risk of selling lower than you bought?
For instance, if I buy 5 shares of something, and it goes up by $1 30 minutes later, and I sell 5 shares right then, did I make a pure profit of $5? Or is there some downside to this, like extra taxes or some shit?
I've only done long-term investing in mutual funds and stuff where there's less risk of small incremental fees and stuff because there's not a lot of transactions. But I just got a bunch of extra cash that I want to play with as a hobby, so I'm trying to do so in a way that won't completely burn myself.
2. Is there a way to short sell on an online trader?
2b. Assuming a stock that moves up and down over time but remaining generally flat, is it possible to ride the waves by simultaneously buying and short selling -- relinquishing each when its advantageous? I did this in an intro to finance class and the professor thought I was weird.

>>21245975
Based as fuck

>>21246220
What actually happened with the fisker spac?

>>21246329
t. american

>>21245492
A key thing you're missing is this - the semi industry already moves fast. China can copy schematics, they can copy layouts, they can copy fab recipes, they can copy test routines & firmware, but they CAN'T copy understanding, and that is crucial to being able to actually do useful things for customers. Semiconductor companies ALREADY account for their competitors trying to out-engineer or out-price them, China is just a more unscrupulous competitor that isn't bound by the law.

I don't doubt China will gain further expertise, but it's not like other manufacturing fields where they can just quickly grok some boomer process that hasn't changed in 50 years, pay former subsistence farmers like $1 a month to do the same thing but cheaper, and drive everyone else out of business. They'll have to actually learn what they're doing, and that takes a lot more time than CTRL+C/CTRL+V.

>>21246148
I got fucked today from Horse. Horse is like 45% of my stack

>>21245846
dang
https://www.telegraph.co.uk/news/worldnews/northamerica/usa/8770918/Vintage-plane-crash-stunt-pilot-wrestled-with-controls-to-try-to-save-lives.html

What’s the best forex brokerage for that you can use in USA?

>>21246442
Where can I find a cutie office girl

>>21246354
>For instance, if I buy 5 shares of something, and it goes up by $1 30 minutes later, and I sell 5 shares right then, did I make a pure profit of $5?
Short term cap gains equal to your income bracket. Day trader rules

>>21246453
Coffee shops

>>21246442
I don't know that there's any brokerage known for being good specifically for forex. You can trade forex on any of them, just open an account for it. I guess TD Ameritrade if you're a burger, IB if you live anywhere else.

>>21246458
>Short term cap gains
Ok, so I'd make a profit of $5 - (5 * 0.15)
(Assuming I'm in the >40k, <441k tax bracket, which I am). That correct? Just taxed on the *difference*, not the *total*, presuming I file taxes properly.
I'm just trying to avoid losing money by making money. I dont mind paying a percentage of what I gain, but I only want to be taxed on what I gain.
Thanks mate

>>21245694
Have fun bag holding till 2022
Big dick plays are all in apple

>>21243810
Covered calls bro.
What's your opinion on writing puts to use as a limit buy? Similar to using covered calls as a limit sell?

>>21246066
Ya I’m hoping for Palantir too

>>21246593
Only cucknadians should use ibkr, it's pure aids. Yuros have alternatives.

>>21243401
>boomers go into overdrive and buy Silver/Gold because they're scared of the dollar devaluing.
No, the real answer is real rates of return on T-Bills near zero or NIRP will face real ZIRP. Daddy powell said so. Yeilds are going to be pushed down by banks and insurance corps while kosher inflation grows over target. Where do you go? Reits (risky in this contraction), corp bonds (rates still pathetic for risk), undervalued equities, Gold, Silver, commodities, and finally over valued equities. And likely in that order.

>>21246684
IB sucks? I've never used it. People usually say they like it. Search says forex.com is supposedly decent.

>>21243683
It’s... beautiful...

>>21246755
Nobody says they like it lmao. Everything about it is wrong, from the nickel and diming to the constant bugs to the broken/missing features. The people who seriously use it all use a 3rd party tool for which the lowest tier cost is $500/mo, that gives you an idea of how crappy ibkr's native tools are.

>>21246609
So I'm actually a tax accountant but I'm not an income tax accountant, so I don't know a true answer as your income rate. What i can factually tell you is that if you hold long term 366 days or more you'll pay the 15% cap gains rate, whereas if you trade in time less than that you will be subject to the federal and state rates of your bracket. A cursory Google search tells me that slightly over 40k is 22% in USA. That answers your tax specific part of the question. To further advise you though you should really look up the rules for PDT. Pattern day trading classification is a big limiter. You must maintain 25k or more in order to freely day trade without penalty otherwise you're allowed 3 day trades (opening AND closing a position) in a rolling 5 day period. When you hit 4+ you get classified as PDT

>>21246609
Dude if you want to fuck around with buying and selling and you're young, just max out your Roth IRA and actively trade it and you will never see a single tax document.
Trash Fidelity and move to TD and get options approved on your Roth IRA - I used Fidelity at first and they denied options on my Roth IRA 12x times before I opened a TD account and got options approved in 15 minutes.
>tfw up 7%+ today
>tfw all tax free

+5.97% since July 1st
Slow and steady bros
We'll make it eventually

>>21246713
>(rates still pathetic for risk)
Risk? Don't worry about that one kid, it's all on me and the balance sheet.

>>21246664
not him but i was always under the impression it's a neat idea to do naked puts on something you expect to go up long-term, precisely with that intention of using it like a limit buy.
so in case it doesn't work out perfectly, you wanted to get a position anyways.

>>21246835

>>21245002
Where is Terry A. Davis' HolyC? This image is blasphemy.

You know who helps deliver gains? The ghost of the only man who battled the CIAfricanamericans with his car... and won

>>21246852
>oh look, I got zero real returns
Neato

>>21243810
Also. When you're writing your covered calls, do you do them as early and near as possible to your suspected strike, or do you write them once you're already itm?

Ie, do you write your call ITM and get a big premium once you're ready to sell?

>>21246832
>risking your retirement fund on gambling

What's the catalyst for GAXY, why it's been mooning since Friday?

>>21246609
sorry, to answer your other question, yes you're only taxed on gains. To truly understand your risk of taxability you also need to understand the "wash rule". So for instance I would like to provide an example, you enter a position in AAPL. You purchase 1000 dollars worth of AAPL, and you decide to sell it at any point during the future. Let's say you make a nice 20% and sell for 1200. If you re enter AAPL or any other company substantially deemed to be the same business as AAPL within 30 days and take a loss, those losses may not be deductible under the wash rule. Sorry I know I'm inundating you with shit but its really surprising the amount of people that don't know that rule and swing trade

>>21242573
Which one of my fellow jews has the earnings for this week??

>>21246907
Yea. My primary swing trade strat is on well defined support / resistance lines. I'm thinking I'm just going to start buying a put at the resistance and exercising it as soon as it's itm. Then I guess hold it until I'm ready to sell and write the covered call ITM.

>>21246824
Look up Megabackdoor Roth IRA. Also Google search how much Peter Thiel has in his Roth IRA
>314 Americans with Roth IRA balances > $25MM

>>21247028
Sorry but put at support, write call ITM at resistance**

>>21246593
>>21246755
I opened a forex account on IG. Thinking I should of uses Forex.com but I’m going to try IG out now that I have an account.

>>21246824
Oh, 22%? Yikes. Ok, I'll look into PDT so I know what I'm getting into. I'll try to go slower than 5 days to avoid any issues here. Appreciate the help.

>>21246832
That's just for money I want after I retire, right? This is probably smart, but I'm already doing a lot of retirement investing, was looking to do some young-and-dumb investing that I can use to make some money to spend on travel and etc.
Maybe it's worth looking into this anyway, I suppose I shouldn't limit my options. Thanks!

>>21246430
well you are playing with shit meme stocks anon, comes with the territory

>>21246118
How dare you insult propane and propane products!

>>21247007
So you're saying, if I buy into companyA in an industry, shortly after selling out of companyB in that industry; then companyA goes down and I take a loss, it's not deductible? Deductible for what -- why would I be taxed on a loss?
Fucking IRS

>>21246996
>having the risk tolerance of a boomer in your 20's
Never going to make it

>>21247124
For the ease of the example let's use Ford and Chevy. I will call Ford F and Chevy C.
Buy 100 shares of F for 600
Sell 100 shares of F for 650
Buy 20 shares of C for 600
Sell 20 shar3s of C for 550
That 50 dollar loss is usually deductible from your gains. However if you buy substantially the "same industry" you can lose a loss deduction. You'll lose some with rapid trading so you want to deduct. If anyone can correct fit understanding of the wash rule I'd be happy to learn more but thats how I understand it.
>>21247029
Alright, why?

>>21246965
the CIAfricans came back with a train and got their vengeance

>>21242678
>buying in on an ipo of a reddit/robintard meme stock
>with call options no less
Anon, just accept it, you didn't deserve that money in the first place.

>>21247266
Ok, interesting. That makes sense. I'll do some more reading on it (and search for any other "gotchas" with day trading). Thanks for the heads up.
I'm not too concerned if I lose a lot of this, it's not my primary (or secondary, or tertiary) investment avenue, so if I screw it up it's not a huge deal. These volatile times seem like a funny time to try it out anyway.

>>21247354
These volatile times are the best time to test it imo. I'm a new investor as of this year I've just done a lot of rule research to avoid getting ass fucked. But I've had a 70% year so its out there for sure

>>21247448
Good luck, accountant-kun

Which day this week are we breaking ATH on SPX?

>>21242573
>>21242573
REEEEEE who has the earings calander for this week

>>21247520
Thanks bud. Wish I'd done finance lol

What’s the move if I want to completely change my Roth IRA. I only have about 25% ETFs in it right now and the rest is individual stocks, mostly big tech other than Disney and Berkshire. Should I just dump my stocks and go all in on a etf portfolio

>>21247067
Id also just like to clarify that you have to open and close the position in the same day for it to be a day trade. You get 3 of those in a rolling 5 day period. I realized I forgot to include "in the same day" which makes it clear

>>21247124
No. Generally the wash rule applies only to the individual security, though there's some issues with preferred versus common stocks. That other guy is getting confused with the substantially similar rule, which just states you can't buy a security that's basically the same as what you sold.
So yes, if you bought and sold Ford at a loss and bought Chevy instead, it's not considered a wash sale. On the other hand, if you bought Ford and sold for a loss, then bought Ford again within 30 days then that's a wash sale and you can't claim that loss on your taxes. Alternatively, if you sold Ford at a loss and bought Ford preferred stocks instead or if Ford reorganized under another ticker despite basically being the same company and you bought those stocks, then that'd be a wash sale. That's what that ot
Basically, as long as it's not fundamentally the same corporation, you can buy any stock you want after selling for a loss.
Actually, the very idea is kinda ridiculous, as at that point you would literally be locked out of entire market sectors for up to 60 days anytime you sold at a loss. Imagine selling at a loss on a tech stock and being told you couldn't buy literally anything else in tech for 30 days. Ridiculous.

>>21247727
Thanks for the correction

>>21247124
>>21247727
And to further clarify, selling something like an ETF at a loss and buying one that's covering the same sector is not currently considered a wash sale.

>>21247677
Yeah, I put that together after reading some articles. I'll probably just avoid day trading to make it simpler for now.
>>21247727
Ok, that makes more sense. It did seem a little strange, like I'm not allowed to sell a company to buy its competitor? But I wouldnt put it passed the system to have weird rules like that.

>>21247783
Genuinely appreciate that clarification as I've done mostly my own research and asked here multiple times about the wash and substantially similar rules and haven't received good info in months prior to tonight, so thanks amigo

/smg/ don't like it but that TQQQ boutta pump mañana, mios negros

>>21247905
No mms chupa mi verga fucking mayate

>>21242573
Which anime is this? I need to know.

>>21248026
Naruto

Where is everyone

>>21248515
I'm right here, friend.

>>21248515
Cant type, I'm using all my strength to hold these RKT bags. Theyre so heavy bros...

>>21248515
Spirits crushed

>>21244473
did the exact same, didn't sell at quite peak, only 12.65, but bought in at 7.20.

>>21248625
you forgot to update this anon, the redline should have gone up even more since then
faggot

what are you guys gonna do when the big collapse comes?
it can't be far off...

>>21248693
Stop yelling and panicking lol

>>21248693
My stop losses execute and I sit on 100% cash until I see a dip buying opportunity.

Anyone have the picture of the 4 qt-pies that have been posted here so much lately? I miss them

>>21243683
perfection

BAKING

I want this to be at least 50k by Christmas. Will I make it?

NEW

>>21249014
>>21249014
>>21249014
>>21249014

>has nasdaq heavy portfolio
tomorrow has to be green...right? i'm scared bros i lost 3% of my gains today

>>21248706
No.