/biz/ - Business & Finance

First for being first

tomorrow must be green. The nasdaq must recover otherwise i'm fucked

>>21249014
We’re going to have a green day soo, right NET chads, heh?

>>21249061
>>21249101
I hope you guys aren't playing with money you can't afford to wait on. If it goes red that just means you buy more. :)

Post folio. R8 and h8

>>21249061
>>21249101
futures looking bright at the moment

>>21249131
i can afford to wait on it however i do want to exit some positions and rotate the money into long term holds so i can leave and forget about it when school starts any recommendations for picks?

I have August 21st Citi calls that became profitable today with the bank stocks going up I'm hoping the banks zoom this week. I make 14k for every dollar the stock moves.

Covered calls? Comfy calls!

To compare bottoms against the previous one on a chart, do you use the main body of the candle or use the tail/wick to compare bottoms?

guys i have this really bad feeling that when october hits the global markets are gonna crash
and if biden wins we will see a crash on the level of the 1920s

Is it time to start pulling out of big tech and rotating into boomer stocks?

>>21249168
No recommendations from me, I'm a moron. I'm currently gambling on the travel industry.
For longer term maybe look at industrial and manufacturing-related companies -- the kind of thing which are perpetually needed, and might be undervalued right now. Business-to-business, pharma, food, whatver.

>>21249369
I’m holding on to oil stocks. Maybe I might have to wait “too long.”

>>21249333
I’m waiting until election is over to go in desu

>>21249369
Currently i'm longing TSM but i feel like RKT is under valued to and the fact people may need to take a lot of loans in the coming times sounds promissing to so i'm longing that. Might get some AMD and defo gonna get some apple after the split

BKYI
TGB
LCA
CZR

all doing tremendous for me.

>>21249369
Travel is dead - not coming back.
Booomers don't want to travel anymore.

>>21249333
I been hedging my positions. It’s hurting my gains but will be worth it if a crash happens.

>>21249333
Not to worry anon, they'll just blame Trump for hte economy failing

"It's going down"
https://www.youtube.com/watch?v=hHUbLv4ThOo

>>21249487
I'm just a simple city-lad, but is this the kind of music that young rural babes listen to at one of two local taverns in their town?

>>21249428
How did you find these?

CLSK gains are so comfy... my whole portfolio is up 47% just because of this puppy.

>>21249437
Boomers don't, but dumbfuck young people will want to travel as soon as possible, regardless of the dangers. At least, that's what I'm banking on.

Silver calls up 1,500% from when I bought.

Was gonna sell but trump hinting at the capital gains tax break could cause wall street to lose their minds trying to pile into the top to get tax free gains this year.

Have a small 5% or so in active out of the money shorts - but at this point doubt it will crash in the next 30 days with the eviction notice being kicked out. Vix is still elevated.

VIX still hasn’t found a bottom. So I’m still bullish but I know there’s going to be a shakeup come election time.

>>21245284
>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.
You're really not making them sound too appealing here!

>>21245518
>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.
anon... you sure believe an awful lot in democracy and trump.
I can't understand people who buy into the system like that, the people who thought Obama was going to be a savior and the people who STILL think Trump is here to rescue them and fight the good fight.

The game was rigged from the start.

>>21249657
Dumb fuck young people didn't make up the majority of travel.

Business class and boomers did. Young people don't have the cash to float that industry for more than a month - let alone a quarter.

Looking at TMRC and LYSCF for rare earth minerals. Seem undervalued af, and they've gotta be about to pop w/ china tensions I'd assume

>>21249136
Good to hear!

>>21249734
Check more into that - yes they could go up but at the same time with the majority of manufacturing occurring in China - gotta check that the demand doesn't fall at the same rate as supply should tensions go up.

>>21249612
All of those I found on YouTube essentially. I know it’s silly, but there are so many youtubers creating content on stocks.
I did my own little DD before jumping in them.

BKYI & TGB was from a YouTuber called The Stock Watch.
ERI merger with CZR was something I came across online, similar to LCA potentially merging with an Online Gambling website.

>>21249014
Buying red Robin puts and loading up on Jewish tech stocks

Genuinely feels like tech and certain things like McDonald's are the only things that aren't mega fucked. Which makes it even more infuriating when tech dumps and there's nothing else to buy.

Saudi Arabia slowing the oil exports to the US.

https://www.bloomberg.com/opinion/articles/2020-08-09/coronavirus-glut-saudi-arabia-turns-off-the-u-s-oil-taps-again

GUSH stock going up nicely - but with demand so far down I'm not betting on the June 8th rally we had before. Old oil news seemed to correlate with the reopening talk.

>>21249584
No - but it's the kind of music you want to target to those young girls so they buy your album.

>>21249257
In either case you should do same to same. So wick to wick or body to body. Don't do wick to body or other way. Which you choose to draw lines off of depends on how you intend to use these trend lines and whether it makes sense for the chart you're drawing on. Trend lines are just guidelines to help you identify when the trend is in expected range or may have broken out of it (up or down).

Often when charting commodities I will set my line along a rough average of the tops and bottoms as commodities wig out above and below neatly drawn lines all the time. I do not use trend lines for buy/sell signals on any kind of stock or commodity or currency. I have different stuff for deciding exactly when to make moves.

>>21249807
Nice, I'll look into it (with a grain of salt as always)

>>21249926
>nothing else to buy.
Wildly incorrect.

>>21249688
What does the tax have to do with silver?

>>21249926
>tech and certain things like McDonald's are the only things that aren't mega fucked
were you not paying attention to the McD's news today? Sounded like they may have to clean house, get rid of some of the people who condoned easterbrook's behavior.

And tech, the high multiple stocks, those are the ones that should suffer in an inflationary environment. The rotation into cyclicals is here, I'm not sure if it will last, but it's happening.

>>21250126
well it's certainly tough to figure out what to buy. When RTX is the greenest stock on my watchlist, something is changing and it's worth paying attention.

>>21249932
Is GUSH worth getting into?

I read a lot of articles talking about it being a terrible long hold, but i can't really see why when oil is at its lowest point in decades

>>21250244
>The rotation into cyclicals is here, I'm not sure if it will last, but it's happening.
Hope so! It wasn't a conscious bet on my part but looking at my portfolio right now it seems I am betting pretty hard on it happening.

>>21249747
wayne == blessed forever

>>21250274
why her eyes do that?

Anyone else buy into VICI? Looking at more REITs like MFA. Adding dude weed like CGC and OPEC such as XOM. Am I retarded?

>tfw you type a post but then your conpiuta explode

>>21250318
What're you into besides airlines? I meant to get into AAL even though LUV is probably higher quality.

Only cyclicals I have are DD, WM, and BRKB I guess. MU and LMT don't really count.

>>21250415
>Looking at more REITs ... Am I retarded?
maybe
I've been kicking myself for not buying PMT and NRZ but I also think they could all implode.

>>21250063
Thanks sensei. Didn’t know if there was a proper way but have learned there is many ways and the important piece is the trend.

>>21249715
I think we’re 1 to 2 weeks away from a 5% dipper on SPX, maybe when the VIX touches 20. Will only happen if I hold my bags though, if I sell anything the bull train continues

>>21250589
Pmt looks like a nice cup and handle is forming for a buy in. I would check out NOA over nrt... from what I remember some billionaire bought a huge stake of noa when it dropped.... almost like he knew something. I bought in too if that helps.

GAXY
RNWF
BOXL
OPTI

Which is the best?

Futures algos are homosexual
Tech takes a dump at open, another round of rotation derisking into industrials going to take place.

My DRIPs are dripping like growth stocks.

(Btw FAGGOTMAN are fucking shit entities that won't exist in 20 years because of the societal shake going on with bust them apart)

Any of you folks listen to coverage of actual economists and big bank strategists?

JPM's David Kelly's weekly note was pretty good this week, lays out the "benign" path for the US economy, in case you were wondering if there is one. But he ends it very well:

>It would be nice to believe that we will elect politicians with both the intelligence and the backbone to tighten fiscal policy once the pandemic has released its icy grip on the U.S. economy. However, in case we don’t, it is important for investors to be prepared for the consequences of an unrestrained surge in federal debt.

>https://am.jpmorgan.com/us/en/asset-management/gim/adv/insights/week-ahead

>>21249715
>>21250691
>VIX at $22
Some long term vix calls starting to look decently priced, a good hedge for any incoming downturn.

>>21250810
>In broad numbers, in fiscal 2019, which ended on September 30th of last year, the federal government ran a deficit of $984 billion, or 4.6% of GDP.

>It should be emphasized that this implies a very serious structural budget deficit, even before the pandemic, since the economy was essentially at full employment in the 11th year of expansion. The federal debt in the hands of the public at that time was $16.8 trillion, or 79.2% of GDP.

>>21249061
Do you guys buy the absolute top or something? I don't get it

http://www.postal-reporter.com/blog/mahindra-withdraws-bid-to-supply-trucks-to-usps/#:~:text=Mahindra%20has%20withdrawn%20its%20bid,US%20Postal%20Service%20(USPS).&text=(NGDV)%20contract.-,The%20Postal%20Service's%20NGDV%20contract%20referred%20to%20as%20for%20the,value%20of%20over%20%2420%20billion.

>>21250979
lmao for real, all Indexes are near their all time high. the S&P is literally less than 20 points away from it's all time high right now

>silver
AAAAAAAAAAAAAAAAA

>>21250589
>What're you into besides airlines?
Entire current porto is: JETS, NCLH, LMT, NOC, KO, PEP, DENN.

Pulled out of silver on Friday. That's looking like a decent decision judging by this evenings/mornings price action on shiny. Weeeeeeew laddy on that.

>>21251131
Exciting!

>>21250810
>Any of you folks listen to coverage of actual economists and big bank strategists?
lol no

what companies do you hold long term ex. BA, NVDA, etc. started college, have some student loans but I worked my ass off to have $5k right now. trying to find companies I can hold for 3-4yrs to yield the so I can leave school with no loans and not get brutally fucked by interest.

>>21250691
There's still that gap on VIX from 6/10 to 6/11 that has to be filled, I really hope it's not soon. VIX was so stubborn in July, I'd really like to see us fully revert to mean
>>21251140
This morning's gold action was pretty alarming, very textbook Open Rejection and Reversal. Those apparently happen towards the end of bulle cycles, but I really don't think precies are done. A biggish dip now could actually be healthy for them, prevent a disorderly blow off top later

Added about $2k more silver calls in the when it “dipped” a bit yesterday, quite bad timing. Gonna buy more tomorrow

>>21250810
The closest thing I have is a dedicated twitter and instagram for news.

>>21251249
>A biggish dip now could actually be healthy for them
Agreed! I don't think the shiny bull run is over. I sell because I don't wait out drawdown or consolidation if I think it might be enough to hit my stop or take a few weeks to sort out. Will be right back in when it looks good again.
>prevent a disorderly blow off top later
Nah they'll probably do that anyway. Or, gold might be more stubborn to give up its high instantly. Silver... silver as per usual will jump head first in to concrete ceiling and straight down to bear market when it eventually tops out.

>>21251140
>Pulled out of silver
>>21251249
>textbook Open Rejection and Reversal. Those apparently happen towards the end of bulle cycles


NOOOOOOOOO
HOW DO I CANCEL MY ORDER FROM THE US MINT?!?!

(j/k i want it)

>>21251140
>DENN
lol
I'm sorry I ever brought it up and started posting their delicious looking breakfast burgers. For me, it's WEN.

Traditionally I don't think KO and PEP are cyclicals, but KO especially could benefit from reopening all the bars and restaurants.

>>21251323
>instagram for news
wat
Yeah I follow a lot of those types on twitter but I don't check it terribly often.

>>21251395
>>instagram for news
>wat
Works better than you might think.

>>21251226
Honestly just buy SPY.

>>21251395
>I'm sorry I ever brought it up and started posting their delicious looking breakfast burgers.
I did due dilly and it held up really well! That's why I am trading it.

https://www.youtube.com/watch?v=5cy0pZlgon4

this boomer is actually really fucking based should check him out

>>21251579
>only in the left ear
yeah no chief

>>21251466
oh hey thats nice then! What was going on with their franchisees rent sounded bad but i didn't fully understand. How deep did you go?

>>21251395
>KO especially could benefit from reopening

REOPENING THE ECONOMY GOOD FOR BUSINESS CONFIRMED, BASED ECONOMIST BRO IN CHAT

>>21251660
zoomer, you chose DIE

>>21251665
>How deep did you go?
Not very. Small position.

What should I buy into?
I already have IT, Oil, Airlines.

>>21250932
Doesnt sound like a bad thing, just means more money in the economy right?

Should I just go real deep into UDOW & not look this week?

>made $200 off of SRNE
I've got the fear in me now. I don't know if this is going to be the next NVAX, or if I should dump at open and take the profits.

whats going on with RKT? why is it crashing? i thought you said this stock was the grand daddy of mortgage stocks

anyone have tips to start investing in stocks?

>>21251807
that's what I've been mulling over too honestly anon, I think it's a solid play even if UDOW literally never gets back to its ATH

>>21251935
Buy and never sell. If we could convince everyone to do this we’d all be rich

>>21251890
I said this in an earlier thread. Did you finance your house through an app? Do you actually know anyone that financed their house through an app? Off course not. It was a fresh listing on the market, got pumped a little bit and then FOMO hit hard and over valued it. No one actually uses the service, it was pure market fuckery.

The reason people say the market doesn't make sense now, is because of the sheer amount of new investors since the march crash. Everyone and their mom is investing now, which means more people are throwing cash into stuff without understanding what it is. They're not investing, they're looking for a quick buck. See
>>21251935

>>21251935
Go all in on /leanhogs/

>>21251970
if no one ever sold you would never actually realize your gains

>>21252026
Yeah but all the lines would be green. We don't care about gains, we want to see the green line go up.

>>21252055
you win this round anon, line must always go up
Although I guess stock buybacks could work too

why are futures pumping?

>>21251935
Pull out a fatass loan from your bank,
sell weekly put options

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
I THINK IM TURNING INTO A NIGGER!!!

>>21252209
You vote for Biden?

>europe
OOOOOOOOOOOOOOOOO

>hellofresh

When is the NASDAQ bubble going to pop?

>>21252213
AH! OH NO, DOES THIS MEAN IM GONNA VOTE FOR BIDEN!?

Anyone holding Nio through earnings? How optimistic are you

>>21249333
Biden's not going to win, come on.

>>21252228
Tomorrow.
Source:
https://www.cnbc.com/2020/08/10/judge-grants-preliminary-injunction-requiring-uber-and-lyft-to-stop-classifying-drivers-as-contractors.html

Some anon tried to classify this as a nothing burger, but all the Lyft and Uber employees on Blind are shitting bricks. Some are even going full-on Trump-posting, which is the tech equivalent of being gay

Lets get an all time Hiiiiiiiiiiiiiiiiiigh

>>21252223
how fitting, Samwers are niggers afterall

>>21252348
>Samwers
Who

>>21252365
the german founders of Rocket internet who did early investing in zalando, hellofresh, jumia & many more
literally copycating successful silicon valley business models and aggressively driving out competition in markets worldwide

>>21252313
Nice, I hate the concept of the gig economy so much it's unreal. Digital serfdom cannot be allowed to become the standard!
>>21252319
I'll find anotha fancy restaurant to ding with if we do, it's been so long since the 3k celebration :<

Almost 4 o’clock...

NIO PRICE TARGET SET TO $60 DOLLARS!

>>21252450
>Nice, I hate the concept of the gig economy so much it's unreal. Digital serfdom cannot be allowed to become the standard!
The majority of Lyft & Uber drivers just did that shit as supplemental income to some other main job.
I've read this will also impact other areas such as truck driving as a whole.
Also, what do you have against the gig economy?
If some asshat can't so much as pay attention in school enough to get a trade job, then what's wrong with them earning cents on the dollar to lick my boot?

>>21252487
1:00am in west coast time

I only regret not loading up more.

>>21252609
zoom out

finally got my unemployment processed, about to get ~12k in gibbs. where should i put them so i dont fuck up like i did with my RH account gambling away put options on a fucking piece of shit TSLA that wouldnt go down pre-corona?

it seems like i missed out all the guaranteed 3%+ growth days and now we are back to normal with a slow .5% gain or loss each day which sucks. what are you guys buying or holding right now??

>>21252732
All in NIO bro

>>21252655
Week green af, month green af, year I don't care wasn't in it

>>21252732
Is that $12k from back pay? I applied in June, but I haven't gotten back pay from when I was laid off in March

damn I wish I could have bought silver an hour ago

every morning right before looking at my account i play the "look at this dude ohnonono" meme in my head to better cope with losses.
anyone else do something equally autistic?

>>21252209
you should get that checked out

>>21252732
I'm in UDOW & SPXL. Have been for the past week. Trimming position size now. I wouldn't get in now. There has to be a dip by the end of August. I would watch TQQQ instead.

>>21252814
What meme is that?

I hope the murrikan markets OOOOOOOOOOO like the yuropoors are doing right now. Please kek

>>21252546
U don't understand Mr. Scoops, the gig economy will have trickle UP effects. This is already self-evident in the mercenary behavior of the professional managerial class (you). If it becomes the norm to consider cab drivers contractors, how long until programmers, skilled laborers, nurses, etc. are exclusively hired as case-by-case contractors too? You make the mistake of assuming an education will prevent this from becoming the norm, America's "elite overproduction" is insane. In the coming decades a masters will become the equivalent of a bachelors, and a bachelors will be worth about as much as a GED. Elite overproduction litorally leads to world-historical crises; so many are already furious they went into debt to finance a worthless degree, what happens when a STEM degree is worth the same as one in Afro-American poetry? This is the culmination of an intentional century-long program to immiserate 99.999% of the world btw, why do you think the Rockefellers were so interested in financing education? You could fit the number of people who hold real power in this world onto a 10mb excel spreadsheet, and nobody here is on it

My boomer portfolio is in the green

those gains feel good, AAAAH....

boomer value stocks are back now, people will want in on them, i know it

KLANG KLANG KLANG KLANG KLANG KLANG KLANG

Premarket open. Keep hands and feet inside the trolley at all times. Mind the gap.
https://www.marketwatch.com/tools/screener/premarket

>>21252787
yeah its back pay the retards are so fucking incompetent and unavailable. shitty stupid state bureaucracy run by incompetent welfare queens.

i finally got it approved because i filed it for a 3rd time after months of trying to call in and get someone to explain why my first 2 applications processed me as $0 . thank god i have family so i could move back in or id be homeless. piece of shit democrats fuck them all

>>21252732
>government gives free money to people
>people give it straight back to banks via "trading"
direct payments from government to banks
this is genius

>>21252732
All in on KTOV

>>21252889
my silver will probably eat a loss today but my tech will make up for it, just gonna buy more slv

>>21252818
thats what im afraid of, i think i arleady missed the easy recovery. now its tricky because everything is obviously overbought and everybody knows it but nobody is stopping becuase of QE. so when that first group of market movers pull the rug it will start an avalanche of sells which will bring the pullback. and timing this shit to get in right before the roller coaster drops is hard, maybe i should just wait until the pullback before buying in. for fucks sake even ford is $7 now

>>21252893
Boomers taking an early lead

>Broadcasters now openly referring to the current market as "the Tech bubble"

Any oldfags remember the dot com bubble? Were people so brazenly fucking asinine about it? The put/call ratio is at a low. I don't get it

>>21252921
yeah what do you think this whole fiasco has been about? they were hoping people would pay off their credit card debt, mortgages, loans with the monopoly money printed by the gov. and actually a lot of people are doing that, as stats show national CC debt has dropped since the gibbs started

>>21252846
https://youtu.be/7wivOEXlL9s
i try to time the laughter with the YTD graph loading

>>21252950
i already unironicaly made a few hundred on KTOV during the PnD way back in feb or march im not going back into shitstocks

>>21252893
Good morning! Not one but two range extensions upwards in the indices, not huge ones but this is very encourage :o

>>21252814
no, but I do the terminator theme & stance meme everyday I take a shower to start into the day as an undestructable death machine

Next 1000x meme coin = $BRJ Bull Run Jesus on Uniswap. For correct contract address, visit @BullRunJesus on Twitter!!

>>21253005
I was around 17 or 18 during tech bubble. Didn't watch anything stock market related at the time but I remember the feel being unmitigated exuberance. Internet was wave of the future and everybody was excited about it.

>>21252991
>le rugpull meme
>muh Robinhood zoomers
>le second leg down meme

desperate FOMO fags having been coping like this for weeks now
but nothing ever happens, other than profit taking down to the EMA lines

>>21253082
Sounds gay

Holy shit nio is going to tank right? No way this run up is sustainable for earnings

INTC up, again
XOM up
BASED

>>21252280
Got $12 Puts, I think it's going to IV crush, everyone.

>>21253085
damn bro you are one ancient mother fucker.

desu they were right, the interconnectedness is still powering humanity forward, the only thing holding us back is satanic globohomo at this point

guess we just need to protect the knowledge into the collapse

>>21253240
I'm 36. The key to feeling young(er) is having job where most of your coworkers are grey beards a few years out from retirement. I remain the "kid" at work and probably will remain so until the boomers retire.

NIOchads remember to laugh at Ameicucks and Amerimutts when you make it.

>all green today

Yeah bois

>>21253240
>teenager during the dot com bubble
>ancient
Oh no no no. Anyways, currently reading “dot.con: the greatest story ever sold” and “this time is different” searching for similarities between bubbles. Honestly not finding many.

>>21252893
airlines looking good!
I did take a TINY position in the jets.

Newmont though... did they have earnings and blow it or something?

BROS LOOK AT NIO. HOW THE FUCK IS IT GOING UP SO MUCH

What is a reverse stock split? My portfolio says I'm up 161% AH because I had 1k ATNM but that's like fake money that will get adjusted once the market opens right?

>>21253390
>MarketWatch updates expected avarage price to be $60
>Earnings report today
>Overall a very good looking company bound to be tesla rival in future
>Americucks are petrified of a chinese company making it
>Backed by Tencent, The government with links with biggest Chinese Hotel company

Anyone who was scared of buying it is just a cuck

>>21253377
it's gonna be a good day.

>>21253390
Euro's are getting a chance to sell before earnings hit.

Why is everything so green?

>>21253382
>Newmont though... did they have earnings and blow it or something?
Nope, just reaction to gold price being down today. They did earnings on July 30 and came through with acceptable numbers.

>>21253401
Yes this happened to my mother today and she annoyed me all day about it saying they took her money. Kek if you had 10 now is 1. Once market opens.

>>21253527
huh that's kind of silly
thanks

>>21253401
Unfortunately an r/s is not a good thing, it looks like ATNM is doing a 30:1 so that means your 1k shares will turn into 33 (leftover shares might become cash) at the stock's new price. Undergoing an r/s typically damages investor sentiment as it's kind of a desperate move, but if it succeeds it can keep them listed and able to recover

ftse is... up?
a full day ahead to reverse this error.

NIO delivered 10k cars in Q2. This is it bros. We did it

NIO Inc. Reports Unaudited Second Quarter 2020 Financial Results
Quarterly Total Revenues reached RMB3,718.9 million (US$526.4 million) (i) Quarterly Deliveries of the ES8 and the ES6 were 10,331 vehicles

Quarterly Vehicle Margin reached 9.7%
Quarterly Gross Margin reached 8.4%

-- Vehicle sales were RMB3,486.1 million (US$493.4 million) in the second quarter of 2020, representing an increase of 146.5% from the second quarter of 2019 and an increase of 177.6% from the first quarter of 2020.

-- Vehicle marginii was 9.7%, compared with negative 24.1% in the second quarter of 2019 and negative 7.4% in the first quarter of 2020. -- Total revenues were RMB3,718.9 million (US$526.4 million) in the second quarter of 2020, representing an increase of 146.5% from the second quarter of 2019 and an increase of 171.1% from the first quarter of 2020.

-- Gross profit in the second quarter of 2020 was RMB313.1 million (US$44.3 million), representing an increase of RMB817.3 million from a gross loss of RMB504.2 million in the second quarter of 2019 and an increase of RMB480.6 million from a gross loss of RMB167.5 million in the first quarter of 2020.

-- Gross margin was 8.4%, compared with negative 33.4% in the second quarter of 2019 and negative 12.2% in the first quarter of 2020.

Buy some ONDK, it is slow but steady.

>>21253627
>>21253617
NIO Chads this is going to be an amazing week

>>21253595
Gambling up
Oil up
Wetherspoons up
SDL Plc up

If things keep up like this I’m about to get a £200 return (from a 3 grand investment)

DAL looking good for me, I just put an extra 400 into my webull account, what's next /smg/?

Exxon announced they're changing senior leaders.
Intel CEO bought stocks after the price drop.
Time to buy.

>>21251935
anons its me again my internet went out

I know knowledge about the stock market but how to cultivate more knowledge.

also can some people tell me there thought process when there going to buy a stock what do you do before purchasing?(whole process please from finding out about the stock to purchasing it)

>>21253381
>born in the 80s

yeah uhm sorry gramps but you are over the hill and out of touch, this anon's mum is more ur level >>21253550

>>21253627
How are TSLA & NIO pulling positive numbers out their asshole? Are they filling contracts they already had since last year?

>>21253642
Bought for memes, staying for gains.

>try to set up broker account
>requires my ID to be attested by a lawyer and physically mailed in

>>21252887
Sounds like a slippery slope (fallacy)... Yet, I do somewhat agree with it
>This is already self-evident in the mercenary behavior of the professional managerial class (you). If it becomes the norm to consider cab drivers contractors, how long until programmers, skilled laborers, nurses, etc. are exclusively hired as case-by-case contractors too?
Corporate loyalty has already heavily degraded... And to the benefit of white collar, middle-class workers.
The long established "cradle-to-grave" jobs that were commonplace for much of the 1900s are no more... But this has actually been for the BENEFIT of middle-class, white-collar workers like myself who now job hop to retain a competitive salary.
We know force companies to compete among each other, and accept the job that pays the most.
Similarly, the contract workers were freely switching between Uber and Lyft apps to of course take the ride opportunities that paid the highest, but now they will be strapped into a single employer for regularized 9-to-5 shifts with a flat hourly pay

>>21253737
i set up an account with schwab on my phone in like 15 minutes, albeit im an employed adult

>>21253693
both companies are ridiculously cheap now.
strong dividend on top of solid gains incoming.

looks like you RKT holders got fucked by seekingalpha. lol

Will the Americucks give in and accept that they fucked up by not buying nio or will they keep sayng "Muh china, muh chink pump and dump"?

>>21253811
>tfw i bought nio and an americuck
being racist is the true cuckold. you miss out on gains

What is the safest thing I can throw 500$ into? I'm not looking for any insane profit, just something that'll almost surely recover.

>>21252814
No, but some faggot keeps calling me a boomer for my all-time returns, despite making fistfuls of cash basically every fucking day since march

>>21253627
Careful, faggot, your post reeks like my old LCI posts

NIO hits 16$ and I’m buying a gun

>>21253823
boeing

>didn't know penny stock openings and closing had a $35 commission fee
>had 10 transactions
>lost $350 just from those transactions from my initial $1000
Yeah I think I'm retarded.

>>21253823
Aapl, and you have some money left over to buy your pic

>>21253823
>>21253862
I think a split is coming if that matter anything to you

>>21253823
Right now: Exxon, Intel, and NIO.

>>21253840
>Boeing

Lmao, and att and ford huh?

>>21253859
>paying comissions

What do we think about NLOK?
Or maybe CRWD?

Testing

>>21253737
>requires my ID
standard
> to be attested by a lawyer and physically mailed in
That's wildly excessive.

>>21253915
butt seks

>>21253915
failed

Do mergers/aquisitions increase a stock's value?

Hi America bros, if any of you are holding Relief's US stocks prepare to get absolutely shat on

>>21253766
The concept of a slippy slope isn't a fallacy silly! In fact there's no such thing as a "fallacy" at all, don't believe the Analytic's lies :3
>been for the BENEFIT of middle-class
See that's a bad thing too, dissolving the Traditonal (capital T) hierarchies that have been the foundation of society since prehistory is a bad thing. What tremendous arrogance to believe that a ~50 year old experiment in so-called equality of opportunity will ultimately come to our benefit! The insidious project of attempting to render labor directly fungible with capital is, like the concept of fallacies, a perverse invention of the Angloid utilitarian!
>>21253737
What country are you in o_O

>>21253951
>Do mergers/aquisitions increase a stock's value?
Depends.
A company getting acquired (such as a start-up) typically sees an increase, while the acquirer (some boomer company like Cisco, which actually does this quite often) may see some kind of loss... Whatever the acquirer overpays for the bought out company is written off in their earnings report in a section called "goodwill" which actually is NOT charity donations

As for mergers, check out Kraft-Heinz, which Buffett made after taking both Kraft and Heinz private

>>21253951
Usually yes if you hold shares of a company being purchased by another. This is because all share buyouts will be at a premium to the average share price over a period of several days as determined when the deal was made. These deals can be structured in several different ways. You may receive cash in exchange for your shares or new shares in the buying company at a ratio detailed in the deal.

If you have shares in the company doing the acquiring it may not affect share price much. Share price may go down if shareholders do not like the deal and think it isn't a positive thing for the health of the company.

>>21253986
ouch
hope you're not in it

biotechs are a hell of a thing

>>21254033
>>21253924
It's Canada but I currently live abroad. So I have to mail it half way across the world. I'm just going to use my bank's broker. It's $10 to buy ETFs but at least I don't have to go through this crap.

Thoughts on GME

>>21253986
I haven't seen anything in the past few days that would give reason for such a drastic drop. Fuck

>>21254045
>>21254077
Thanks. I recently came across the news that Peck Holdings Company is set to acquire Sunworks and, with their low prices, so they look tempting to put some money into.

>>21253832
>NIO hits 16$ and I’m buying a gun
How come?

>>21254156
I thought it was gonna be Cuba but your prime minister is Castro’s son after all. Good luck

>>21254149
Bought in at 0.12. Still had like €30 left to ride but thankfully I didn't get greedy and cashed 95% of my holding two days ago at around 0.62

Sunrun and AMD are the true underdogs. For months now had consistent growth patterns. Perfect swings.

>>21254033
>The concept of a slippy slope isn't a fallacy silly! In fact there's no such thing as a "fallacy" at all, don't believe the Analytic's lies :3
>there's no such thing as a "fallacy" at all
Excuse me. Wut. You wanna fite, sir?
>>been for the BENEFIT of middle-class
>See that's a bad thing too, dissolving the Traditonal (capital T) hierarchies that have been the foundation of society since prehistory is a bad thing. What tremendous arrogance to believe that a ~50 year old experiment in so-called equality of opportunity will ultimately come to our benefit! The insidious project of attempting to render labor directly fungible with capital is, like the concept of fallacies, a perverse invention of the Angloid utilitarian!
Okay. Now this part is just nigger babble, and I'm fairly confident you're just trolling with some /pol/ jargon, but I'll humor and break this down
>See that's a bad thing too, dissolving the Traditonal (capital T) hierarchies that have been the foundation of society since prehistory is a bad thing.
By this argument of Tradition, specialization / separation of duties was also a Mistake with a capital M...
>What tremendous arrogance to believe that a ~50 year old experiment in so-called equality of opportunity will ultimately come to our benefit
Yes, let's rely on corporate benevolence to keep our paychecks competitive... I'm sure the boys upstairs operating the money printer will just give my progressively bigger paychecks out of the goodness of their heart if I go decades without job hopping... What's the purpose of competition in the labor markets anyways? Shouldn't my work just speak for itself and my paychecks come on progressively bigger silver platters without forcing companies to slap out competing offers for winning a contract to obtaining my high-skilled labor?

mfw SP500 ATH today

>>21254191
Going camping in bear country later this month

Why is SLV so volitile?

>>21249014
Bros what is happening? My account is about to explode from all the gains.

>>21254287
imagine the double top becomes real and we dump

>>21254308
Whip out that portfolio.

>>21254336
Imagine cheap stocks

>>21254299
Neither banks nor modern countries want to see precious metal value rise too much, the masses might start to see it as an alternative to fiat.

>>21254355
i actually might set up stop losses soon

why is shit green all of a sudden
nothing much happened
is it the inflation numbers coming out today?

>>21254354
>>21254308
Yea let's see if big boy

>>21254285
> specialization / separation of duties was also a Mistake with a capital M
Yes, specialization is for insects
>I'm sure the boys upstairs operating the money printer will just give my progressively bigger paychecks out of the goodness of their hear
Yes, this is Noblesse Oblige which has existed for thousands of years. Historically speaking it's pretty anomalous that this is no longer practiced, might have something to do with the elimination of discrete social class and the breakdown of... hierarchy
> trolling with some /pol/ jargon
I would never!
:3

>>21249014
Anyone else time for bed got to wake in the morning for the market to open
But can’t stop lurking on smg

>>21254390
because we are heading to bull country, literally every financial has a bullish chart, if financials look good that's extremely bullish

>>21254188
I have a little SUNW and am confused if I won or not here. I am ok with a buyout but this kind of seems like a ripoff. .18 shares of PECK for 1 share of SUNW. Feels more like a rs

WAS IST PASSIERT?

Is it good to buy stocks as early as possible during opening or expect a dip, then buy instead?
I bought BNGO a minute after markets opened, and by that time it was at 0.98-- it hasn't gone up that high since then.

>>21254390
Looks like unemployment might keep pump of $400. And the $1200 are coming. Some schools tried to open and so on sounds positive enough. Imagine if they pull another lockdown order just puts all around and get rich.

>>21254354
>>21254393
Don't make fun, I'm living on a student budget. Just happy to see RDS start going up first time in months.

>>21249688
Wait, capital gains tax break? Won't that mean everybody just sells everything and rebuys it to reset their cost basis?

>>21254415
>Noblesse Oblige
Holy shit. They thought they could just do some hand waving and deny any feelings of "ugh! Filthy peasants" or "disdain for plebs"?
You know what. This has red-pilled me that "trickle down economics" is an absolute farce...
>Historically speaking it's pretty anomalous that this is no longer practiced, might have something to do with the elimination of discrete social class and the breakdown of... hierarchy
I don't feel that hierarchy has broken down in any way... The tech elites of the west coast is legit for sure... It's just more meritocratic now, and there's at least *some* increase in equality of opportunity, although I'd wager it's of course not pure equality yet

>>21254489
Might as well get a little bit of PECK with how positive the acquisition sounds for them.

>>21254415
>specialization / separation of duties was also a Mistake with a capital M
>Yes, specialization is for insects
Specialization is one the biggest drivers of efficiency out there. You really want an entire economy of undifferentiated labor?

>>21253823
Unironically QQQ or SOXX

>>21253986
FUCK ME, what stop loss should i set

>>21254727
>>specialization / separation of duties was also a Mistake with a capital M
>Specialization is one the biggest drivers of efficiency out there. You really want an entire economy of undifferentiated labor?
So, I had picked up on this much earlier in the thread, but it's basically all but confirmed that he's trolling.
I will admit that I've been drinking, but another big tip off has been the following thing that they've been peppering their posts with:
> :3

>>21254764
>FUCK ME, what stop loss should i set
Fucking kek
>Stop loss
>Stock is currently set for 78% down at open
This is exactly why I think stop losses are a fucking meme

>>21254764
Don't pull out yet when they haven't even released their results yet. Clinical testing starts some time around September 1, if anything you should buy more shares if it dips even more.

>>21249870
You keep your filthy hands off of red robin

Bought UVXY calls for this friday.. how in tf in vix that much down from yesterday?

>>21253823
NKLA

>>21253038
I hate niggers

>>21249014
Srne all in

>>21254594
Hierarchy has broken all the way down! A senator may ride a train with a plumber, a wealthy woman may marry a poor man, day laborers shop at the same Home Depot as doctors. The illusory stratification of modern class (crudely based off income) is a smokescreen for homogenization, only two classes remain: billionaires and everyone else. Heckies, I wouldn't even consider some billionaires "upper class" as per Adam Smith's definition of leisure. Where are the American (for there is no nation on earth but America) counts, the dukes, the true Brahmins? You could argue they're found among third-world magnates or Silicon Valley startup CEOs, but I only see them one place, and that's European monarchies and banking families. The granular understanding of one's relationship to the other (and by extension the universe) has been done away with in favor of Madison Avenue's carrot-on-a-stick, the democratic American dream. Every man and woman is a star Mr. Scoops, and how does a star know it's place but by the gulfs and luminosity of their neighbors?
>>21254824
I'm not trolling, I'm doing "creative writing"

>>21254538
Die Juden sind toet

Wait do people actually believe this Russia BS. It's obviously fake, they have no medical industry

>>21249014
i hope that you listened to me and bought the dip

>>21255295
>They have no medical industry
>They are spreading BS

Congress, give me the stimulus!

>>21255365
This is actually true, the US and sweden just decided it would be better to ignore it. Retarded if you are prepared, but muh freedom I guess.

open is so far away i just want my NIO gains

>>21255383
dems are too busy trying to ban signature verification on ballots to do gibs senpai

Intel breaking 50
RTX up 65
BUY BUY BUY if you want in on this.

where are my amd chads

>>21255483
what the dems want to do is comically evil
Trump really is that one good guy trying to fight the good fight. hope he will be able to pull it off

>just recently bought puts
>EU markets today are riding a massive green dildo to the moon
just fucking end me already jesus CHRIST AAAAAA HOW CAN I ALWAYS BE THIS WRONG

>>21255560
Once upon a time, I was naive enough to think there was no evil and it was just people with different ideas on how to make things better... But the democrats these last 4 years have been only interested in power, and it's not the power-seeking to make things better it's all for the sake of having more.

>>21255633
don't find the trend
i'm heavily long
it was pretty clear there is not much resistance left on the upside, we will take out ATHs soon on spy

>>21255657
I simply can't find it in me to give in to the eternal bull
and that is why I am cursed to lose all my money

>>21255633
You should never ever buy puts except against companies that are CLEARLY frauds or pump and dumps. Bears always get fucked. Always.

>>21255703
i was like that for years not making gains
i fixed it by trying to time short-term and just invest for the long run. Corona won't end the world economy, neither will anything else.

>>21255721
Even the guy that made billions off the 08 collapse has comically wrecked himself on every single short since and squandered much of his fortune. Nobody will let him touch their money anymore. Go long or forever be a chump.

>>21255740
* trying to stop timing short-term, of course

>>21255560
I don't fucking care. The dems will pump this market, we will profit. Fucking poor people will be happy they can spent money. The inflation will work for us while goverment spending will have to be cut for years to come.

>NIO trading at 15.38 premarket

Btw the current crypto and gold/silver bull runs are currently canceled. Corona is over. Hope you are selling the top.

>>21255773
yeah, the spending is good no matter what

>>21255744
Which one? Steve Eisman or Michael Burry?

>>21249334
Buy metal miners and ride the second wave of brrrr into prosperity.

>>21255786
Just postponed, not canceled.

>>21249926
Metal miners.

>>21255808
Nah, wait for things to drop further. Bond yields are rising.

Yeah, tourism is gonna take a huge dump on opening.

>>21255807
Eisman

>>21255786
We are waiting for the stimulus. If that is canceled, which would be idiotic, metals and shitcoins will go into reversal.

Today is the day I (try) to join theta gang. I've got a long position of 100 apple shares. I've never done this before, hope I don't screw it up.

>>21255773
>Being this economically retarded

You really think you know what you are talking about too don't you lmao

>>21255894
>helicopter money won't lead to inflation

Tell me where I'm wrong.

>>21255872
B-b-but fed go brrrrrrr!!!!!

>futures
do you feel that, bobo?
that's the ATH coming.

>>21255878
where did you learn that shit? entire options thing seems overwhelming to me

>>21255340
I bought WDC. I am up 0.1%. Hardly worth screaming about..

>>21255974
At long last, we decouple from the economy. The thing that has been holding back the green line since 2016

>TSM crabbing down
>but boomer dividend stocks (fucking REITs lol) are going up more
wow.. so this is the power of diversifying..

>>21255878
Are you joking? “Theta gang” is about selling options not buying them.

>>21256075
don't try to fight it... just buy

bros do i take Nio profit when my broker allows it? up 10% already. no way its not going to pump anymore right?

>>21255878
You can't Theta if you buy, you have to sell.

>>21256135
>>21255878
Ops ignore it, didn't notice you set sell to open. Good luck, sir.

>>21250244
>When RTX is the greenest stock on my watchlist, something is changing and it's worth paying attention.

You must have a lot of shitty stocks on your watchlist, anon

>>21252732
If you like options, trying opening spreads instead of buying puts and calls alone. You can limit your loss while still swinging with the stock. Just look up videos on options spread.

And don't listen to what anybody here tells you to invest in. Lurk for awhile and find a company you trust for what you need. Gl anon.

>>21256091
>>21256135
Is that not what this is?

>Nasdaq

oh nononononon look at the top of this dude

>>21256024
good lord, have patience. go to a casino if you want fast gains. or better just buy crypto.

Blackberry literally moved 1 cent yesterday.

What the fuck!?! Thats my heaviest bag. Should I just check in after a month

>>21256176
>>21256163
Yeah, I corrected myself. Selling Puts is the way to Theta, especially if you are covered with shares.

>>21256223
Lmao wrong again

>>21256134
I've got 250 shares and have been in since it was ~$5/share. Feels fucking good. On one hand I want to set a stop loss and just take the gains if it corrects back down too hard, but on the other hand, there's actually a lot of great news and positive outlook for the company. Especially with today's earnings call, I think I'm going to ride it out.

BUY WYY, thank me later

>>21256223
I thought you had cover puts with cash, since you'd be obligated to buy the shares if you're assigned.

>>21256244
How so? he's selling them

>>21256261
Yes, correct. You cover your put with enough cash to buy 100 shares.

>>21256354
To add for info. If I understand correctly if you are selling a call, you want to cover yourself by buying 100 shares. Someone could correct me if I'm wrong.

>>21256383
yes, i'm just trying to sell a covered call on apple for $$$. I'm gonna try to run the wheel on it.

new thread
>>21256546

new thread
>>21256546

>>21254033
Absolutely based schizoposter.

>>21255633
>vaccine news
>stimulus news
>went and bought puts
Anon, I..