/biz/ - Business & Finance

IT'S FUCKING HAPPENING
>IT'S FUCKING HAPPENING
IT'S FUCKING HAPPENING
>IT'S FUCKING HAPPENING
IT'S FUCKING HAPPENING
>IT'S FUCKING HAPPENING
IT'S FUCKING HAPPENING
>IT'S FUCKING HAPPENING
IT'S FUCKING HAPPENING
>IT'S FUCKING HAPPENING
IT'S FUCKING HAPPENING
>IT'S FUCKING HAPPENING
IT'S FUCKING HAPPENING
>IT'S FUCKING HAPPENING
IT'S FUCKING HAPPENING
>IT'S FUCKING HAPPENING
IT'S FUCKING HAPPENING
>IT'S FUCKING HAPPENING

>>21443848
unironically bearish for link sadly

>>21443848
the first correction will be juicy

>>21443848
this general is for talking about share ownership of great AMERICAN COMPANIES, not fake internet coins.

>portnoy, king of zoomer investors, going all in on crypto to avoid USD
>buffet, king of boomer investors, going in on shiny rocks after decades saying they generate no worth while also divesting from banks
AAAHHHHHHHHHHHHHHHHHHHHHHHHHH
MY USD

>>21443758
Not even sure if this is the best place to ask.

Is it worth rolling over my 401k into a roth IRA? I'm 30, so I'm not even sure if it would be worth it now, it won't have a TON of years longer to grow

>>21444043
best part? both will crash

>>21444043
Everyone thought the USD was going to bounce back big

Instead it just had the worst weekly close in over a decade lol

>>21443848
Unironically a bearish sign for crypto, the last time main street was buzzing about crypto hardcore it plummeted like a rock.

Stick true to your /smg/ roots and play it smart. Don't become like the rest of the board.

>>21444101
>Everyone thought the USD was going to bounce back big
Did they? USD short extremely crowded trade atm it not look like anyone think it bounce back

>>21444078
Yes. Why wouldn't you want access to liquidity without the tax burden if you needed to dip in for something like a downpayment?

>>21443848
Time to short everything.
Everything is at a peak, at the same time.

>>21443758
Why is nobody talking about SHLL mooning?

>>21444078
Wtf do you mean? 30-40 years isn’t enough time for it to grow?

>>21444587
EV stocks were last month's obsession

>>21438019
To be honest the most fun I had trading was when I participaed in the BYFC pump and dump.

>>21444043
>>21444101
Just buy Euros.
The stupid amount of bureaucracy in the EU alone protects big moves.

>>21444658
Nobody here wants to retire at 60.

Anyone else worried that central banks are turning into stock pickers?

>>21442980 #
>”nobody shilled it!”
>well actually someone shilled it for two straight says every thread along with other IPOs and various people discussed it leading up to listing
>”i didnt notice it”
>”and anyways i bet it was retarded shilling and its not my fault i didnt take it seriously and didnt do my own research”
jesus christ dude, i missed it too but im not this butthurt. you are such a fucking faggot. get out of this general

>>21444716
Ok but the minimum age to withdraw penalty free from all retirement account gains is 55 so even if you retire at 40 it would be dumb to start drawing them down.

All this link hype is making me depressed and disgusted.

What to do...

>>21444960
buy some faggot

>>21444587
I wanted it to go to 15 so I could buy in but now I'm btfo

>>21444960
>implying TSLA and AAPL aren't basically cryptos listed on the exchange at this point

>>21444960
The only cure is to buy some. I felt the same as you back when it skyrocketed up to $1 so I threw $5k into it just to have some skin in the game. Knowing (or strongly believing) at the time that I was probably just throwing away my money. But hell you never know.

>>21444960
That's called FOMO. Don't FOMO after something has already ran up.

Hi /smg/. Just opened up a brokerage account and put $2,000 worth of my savings into it. What should I invest in?

>>21445675
Unironically, KTOV

>>21444821
I'm not
Should I be?

>>21445675
some shit pennystock

>>21445675

Part of me feels like it's worth waiting until elections to cash in on a little dip then, but others may call me retarded and say you're missing out on 3 months of growth.

Either way, if you are new, you should probably start with index funds/dividend funds to play it safe just in case you lose money and get soured.

>>21445675
Intel

>>21445151
>>21444960
Feels bad but can't win all the time. I'm high 6 figures NW so I don't feel the need to gamble too much.

What the fuck is this retards problem? He buys the top on airlines than sells, and now he buys the top on Gold.
The old man just needs to retire.

>>21445675
kodak

>>21445675
TQQQ
FNGU
SOXL
TECL
Pick one.

>>21445927
he said he wanted to give away all his money when he died, throwing his money away on stocks seems to be his donation of choice

>>21445675
stay away from penny stocks and ktov or any microcap bio/jewish stock for that matter. get into some indexes and ride the wave or gamble a little on somthing like CCL that it will rise to it's former glory after the corona fear has gone.

>>21445927
He is also sitting on cash at its peak
AHHHHHHHHHHHHHHHHHHHHHH

>>21445675
QQQ

>>21445762
Yes. Favouritism is bad for you and me.

>>21446142
but who are they favoring

>>21446237
God I wish that was me

>>21445978
why do you save pictures of manlets

dubs confirm travel stonk moon next week

just got back from my three day heem by the jannies feels good bois I missed Denny's posting

>>21446681
This 5 confirms it is time for travel stonk puts

>>21446684
me can't even go two days with out "banned from off topic garbage." ;_;

am retarded how am supposed know whats off topic or not it no fair

>>21443848
kek, we have hit the meme vortex boys there is no going back now

>>21446775
yeah that's what I got popped with also

Any good, solid companies going bankrupt? And good IPOs coming out?

>HCAC
Only one I can find

tfw addicted to shitposting on stocktwits

bros convince me not to pull out a student loan and put it all on horse next week...

Ok anons, so far we have five companies offering IPO's this week

TUESDAY: Three blank check companies
1)CSR Acquisition, Ticker CSRA.U
2)Northern Genesis Acquisition Ticker NGA.U
3) NavSight Holdings Ticker NSH.U

WEDNESDAY: two pharma companies
1) Inhibrx, Ticker INBX, Inhibrx is developing several antibody drugs to fight several forms of cancer, with some in stage one trials

Company site - https://inhibrx.com/
more information -https://seekingalpha.com/article/4368019-ipo-update-inhibrx-proposes-terms-for-102-million-ipo
https://www.renaissancecapital.com/Profile/INBX/Inhibrx/IPO


2) Harmony Biosciences Holdings, Ticker ORHK, Harmony Biosciences created the FDA approved drug Wakix to treat daytime sleepiness in adult patients with narcolepsy

Company site - https://www.harmonybiosciences.com/
More information https://www.bizjournals.com/philadelphia/news/2020/08/14/harmony-biosciences-ipo-plymouth-meeting.html
https://www.renaissancecapital.com/Profile/HRMY/Harmony-Biosciences/IPO

FRIDAY, one medical imaging company.

Nano-X Imaging Ltd. Ticker NNOX is a producer of medical imaging technology based in israel,

Company site - https://www.nanox.vision/
More Information-https://www.thestreet.com/ipo/news/nano-x-imaging-ipo
https://www.renaissancecapital.com/Profile/NNOX/Nano-X-Imaging/IPO

>>21447202
put it on XERS

>>21447261
why? it looks like i’m late to that party

>>21447202
Betting on the ponies isn’t very classy. Just become a classy gambler by trading securitized debt instruments. Or become a high class prostitute.

>>21447232
I’m afraid that we’re no longer in the good part of the ipo cycle. Now there’s going to be more stinkers hidden in the mix.

>>21447391
trust me kid

>>21446842
wish there was some sort of way petition or atleast talk to mods about this type of banning X_X

>>21447202
what horse

>>21444821
No but i don't concern myself with macro economic trends like that. I am no long hodler.

>>21447232
Not gonna lie. These look awful.

How much NET do I need to make it? Holding long term

>>21447412
> securitized debt instruments
like?

>>21444367

it's because of excessive liquidity due to printing and zero interest rates. we will stay high for a very long time.

>>21446684
There will be lots more opportunity for Denny's posting on coming months. It's gonna be grand.

>>21447474
this bad boi

>>21445675
CLSK, Clean Spark. Technology is an unstoppable beast.

>>21447232
oh gee getting to invest into a bunch of M&A companies! these are great businesses that really get america going and are totally not vulture parasytes preying on corona victims

>>21447232
Nnox sounds like ktov 2.0

>>21447456
time to get reamed. Thanks for shedding light on this opportunity to go broke or go broke

https://www.barrons.com/articles/what-is-robinhood-apps-next-act-its-already-mastered-the-stock-market-game-51597451777

I love it when articles mention some absolutely retarded retail investors as the face of Robinhood, because they're not wrong. Like I would wager at least 98% of RH users don't understand what the fuck options or greeks are, and a bunch of them chase retarded pennystocks that show up on the front page of Robinhood for "biggest movers."

Do your own research and be dedicated, especially you RH folks.

>>21447577
based

Anyone else scared they won't be able to /getout/ in time? All I wanna do is accumulate enough that I can buy a modest house in PR or somewhere in South America, and live like a hermit off of my savings for a while. Maybe do some contractor programming work once a while if I need to replenish.

But I feel like heavy capital controls are coming and major tax hikes are all but inevitable in the USA

>>21447842
no fear
saddle up and ride it

>>21447842
Boomers will print the dollar into worthlessness before they ever bother to pay their bills.

>>21447842
everyone gets anxious about the future, but every time things have looked bleak in the markets and the economy before 2020 things have recovered and kept growing, why would this time be different? keep making money king

>>21447232
>stage 1 cancer drugs
How long does it take for these to get into stage 2 and 3, again? Years, right? They don't have operation warp speed.

>>21447930
https://www.antidote.me/blog/how-long-do-clinical-trial-phases-take

Anyone else here want to make purchases that will improve their lives, but keep deciding to put the money into stocks instead? Like I need to get my cars windshield fixed so I can see better out of it cause it's got a huge crack in it, but then I was like, I could put that money into Apple calls instead.

>>21447795
>download RH
>check RH top 100
>check RH top news
>write calls and puts to retards
RH is the best thing to happen to me.

>>21448036
yeah i need new shoes, clothes, food but i just transfer every paycheck into robinhood

i ignored the IPO because they usually end up being pumped and dumped within the first 6 months
but +200%??????? wtf i hate myself

>>21448036
Kind of, I've been dumping massive amounts into my brokerage instead of paying off my loans, but I believe that paying off my loans instead would actually be losing money in the long term. But it sure would be nice not having to make monthly payments anymore.

>>21448198
most IPO's suck,
CVACS are rare, you just have to do the research and make a educated guess

>>21448036
>hmm i should cut down my phone plan to a bare bones $15/month
im frugal as fuck with day to day shit

meanwhile
>dump another $2000 into TSM at $80? no problem
>hmm maybe another $1000 into MSFT from the next couple paychecks

>>21448198
As a rule I'm extremely skeptical of any pharmaceutical company and I thought CVAC sounded like a dumb meme so I didn't look into it at all. If I had dinner done research I probably would've put a couple hundred in. All well, win some lose some.

>>21447502
I'm trying to get to 1k shares

>>21448356
i have experience in pharmaceuticals so i actively avoid investing into any pharmaceutical myself because R&D is a crapshoot moneypit. Generics might be the only one i'd touch, and they had huge growth back then (e.g. TARO), but lately they've just been stagnating downwards.

other than vaccine lottery, i imagine that pharmaceuticals getting generics approved for biologics (besides insulin) would be the next big thing. Frankly way too much effort to research when you can just buy tech/semiconductors though.

>>21448036
Yes. I've been thinking about moving out to a better place for quite some time but every time I get any money I just put everything in the market.

>>21448727
I only have like 100 but planning to buy more regularly in small portions

>>21449005
You're ahead of me. I only have 50. I do really think that the importance of the service they provide is not well understood amd therefore not priced in

>>21448089
I absolutely love it.

>>21448036
You're supposed to take some realized gains and take care of basic essentials like.. paying off your loans..

What do you guys think of REITs? Still haven't really moved since March. When they do start to bounce back how fast will it be?

I bought a few shares of HIBL at close yesterday, am I gonna make it? Should I basically just try to swing a few percentage out of leveraged ETFs before selling? I've been holding NAIL since the end of May and I'm up like 55% but I see the consistent advice is to not hold leveraged ETFs

>>21449765
From what little I've read, they haven't reach bottom because of the stimulus money, but record renters are not paying and most are in big trouble.

>>21448036

I live a pretty minimal lifestyle, but the whole reason I'm in the stock market is to save for a house while I wait for the next housing market crash. But I'm afraid when that crash happens I'll be too invested in long calls, or the stock market will probably also crash simultaneously

>>21449765
i'm speculating hard into Canadian REITs. Recession-tier valuations without the same conditions as recession (rent collection still up, payout ratios still reasonable).
i might liquidate all my RioCan soon and put it into NXR-UN.V to yolo a bit.
stay away from over leveraged REITs that have massive cash burns from interest though (e.g AHT).

i wouldn't hold them for more than 2 years though. They're probably only going to act like growth stocks within a two-year timeframe, then they'll just crab eternally giving you ~5% dividends at that point.
It looks like they're starting to stop crabbing now that Q3 earnings are out and have shown everyone that they are way oversold and retail is far from dying. Bull run closer to black friday / christmas I'm guessing. We'd sooner kill off the susceptible population than go back to lockdown (which would kill everyone instead).

>>21450277
*Q2 earnings, not Q3

Is the tech ride finally over?

>>21443848
well I feel utterly retarded as I saw link at 4 and was waiting to see if it dropped to 2 again to drop 10k, FML Im not into shit coin much and only considered link recently.

>>21445982
I would wait until they drop though

What are your plays?

>>21450277

Good to see another RioCan bro. I'm long a 13k share stack after liquidating the bulk of my tech gains. Not worried at all.

Had anyone here ever looked into UBOT?
Sure, it's a leveraged ETF, but it's 5x'd since the March bottom
TQQQ is a good second, but i think i know where i'm putting my money the next big correction.

>>21450559
auto parts lowes nvda

>>21448754
dont not play pharma you will lose like I did 1700$ down the toilet they are more unpredictable than mining stocks.

>>21450692
This is my biggest loss and I was up 12k that and another bad play cost me 2700$ in recent months. still up over 90%

>>21450565
yeah but it's been crabbing sicne fucking June when i coulda liquidated it and just put more into tech or even fucking fedex
half my family works in fedex, i shoulda fucking known better that business was going good. hindsight 20/20 fuuuuuck. It almost doubled since June.

>>21450277
I was thinking a similar thing within the next 2 years getting growth stock returns on REITs, guess it's more of a matter of locking capital up now to be early vs. waiting for the run to start and missing on some potential recovery gains. I just think this tech run is so strong it's almost not worth it to be early right now

>>21444715
>To be honest the most fun I had trading was when I participaed in the BYFC pump and dump.
I enjoyed my UAVS PnD, though I should've held seeing now it's stading high at 3$. Sigh.

down 50% on bad options trades. How do I come back bros

Anything good worth buying? I’ve been buying REIT stocks lately.

>>21450994
I about the same with you. Worrying or panicking will not help the situation. Rolling with the punches in a part of life.

Hope you're ready for the tech dump on Monday

>>21450920
fake

What is going to happen bros? I'm a new-ishfag getting spooked. 2nd major corona wave is going to be worse than the first, but will this upward trend continue until end of Q4? I feel like the US won't truly lockdown and freak out again (requiring big money printer) until after the holidays. What do you think?

>>21444024
Oh no, you're poor. That's too bad.

>>21450898
it most certainly fucked me over having a part of my portfolio into REITs right now instead of having all in'd into tech from the start.
I'm keeping my REIT exposure still since i've already done my DD on it and it's not likely to go below my cost basis now, but I'm hesitant on increasing my position on it over putting more money into TSM or MSFT or something.

>>21443758
well faggots Im 5 years from retirement with 6k monthly pension.
38 year old Army MAJ
42k in the market currently
168k cash waiting for the next crash
own 3 homes 2 are rentals
125k salary a year
what do I think im gonna make it after 20 year of being a wage slave here when Im 42-43

>>21445675
Nothing honestly. Market is going to crab for the next month or two until we get some kind of stimulus news or action.
Silver is bing manipulated incredibly hard so don’t touch that.
Stay away from all the memes this board shills.
2,000 is an incredibly small amount of money but at the same time it’s all you have.
I’d worry more about getting paid more if I were you

It's time to go all in
>NOC
>NOK
>NAK
>NAKD
>NGS
>NUE

>>21450559
BABA

I'll dump some of my comfy stocks and buy some BABA. I'm getting some spooky markings on the LLY chart, I'll rotate on Monday, hopfully JD causes some weakness.

>>21444078
>30
>wont have a ton of years
Do you think people tend to retire at 45?

>>21451011
if you have access to TSE, our real estate situation is different from the US, and my impression right now from living around Toronto is that the real estate bubble continues to expand despite pandemic because most people who own a house never lost their job in the first place (our banks are much more regulated than the US, and they're very picky on who to approve mortgages to, never mind need to have 100K-200K cash just ready for down payment)

>>21451184
see >21451148

I will faggot but its been a gay zog bot child killing road

>>21451035
same with me too lol starting to adjust my strategy to go barely OTM with a longer expiration date so far has been good i would suggest PCG 10 dollar calls for 9/18 my ass fuck was Astrazenica

>>21444658
AOC is just the beginning. Most young people are socialists, and that won’t change as they get older. There’s not much mobility for them to become more conservative. The odds are that there will be some kind of wealth redistribution and people’s retirement accounts will get taken.

>>21451274
collateral damage in Iraq was a hell of a thing

>>21451170
Thank you

How long are we holding airlines bros
I'm probably gonna sell some on monday and just wait for the next dip

>>21451366
>and that won’t change as they get older
People have said that for hundreds of years, and for hundreds of years you get proven wrong.

>>21451458
It’s literally true though. Older millennials are pushing 40, and many are socialists.

>>21451394
even if we got mass vaccinations in September, the cash burn has done its damage with debts or stock dilutions.

honestly im surprised i haven't heard of any big airline bankruptcies so far. Seems like it's only the tiny ones that don't even have a ticker.

>>21451503
boogaloo 2 soonm hope you have your silver, guns and ammo

>>21451388
why do you think the CCP forced him out?
He didn't really just leave on his own, did he?

>>21451129
no one?

>>21451394

You're at least a year too early for airline plays. Even if people start flying again, all the debt and stock dilution that went through just to keep these companies afloat won't just disappear.

imo if you want to play airlines buy the troughs and dump on robinhood/stocktwits retards every time it spikes up on short term news, then buy after the spike dumps and repeat

>>21451129
im 75% sure there will be a crash in Sep-Nov, Im sitting 170k cash and 40k market. 100% if biden wins

>>21451611
Idk I think he just wanted to be a teacher again.
What I know is that BABA soon will be listed in Hang Seng. This will force institutions to buy BABA. Can’t wait for it to happen.

>>21451503
>Older millennials are pushing 40, and many are socialists
They're 'socialist' in the sense they want socialized healthcare and a large social safety net, they're not actual socialists who think the government should own the means of production or their retirement should be taken from them and redistributed. Even with the amount of public indoctrination, it's very hard to get people to vote against their perceived self interest. True socialism will always be a fringe movement in the US, the closest we'll ever see is UBI.

>>21451742
This is how you lose money.

Buying airlines and oil and then forgetting about it is how to profit.

>>21451847
100% but they will sink another 10-25%

Unironcially wouldn't be surprised if Trump tried to chase out every Chinese business EXCEPT Alibaba

What do you retards think about playing MRVL and HPE earnings? Still got a couple weeks and they look like they're going through troughs in there price ranges

MRVL I see by estimates is supposed to beat expectations, meaning it'll probably go up until earnings. Then just sell to close calls

>>21451847

You'll profit evenutally, but you'll still underperform

>>21451846
i've always had the belief that your vote should always be in your self-interest, it's not selfish, it's for an accurate representation of what the population actually wants/needs

i believe that the market will crash just before the election (few days before) and will free fall if biden wins but will recover if trump wins.

Will TSLA break $2k in the run up hype of Battery Day where their cult god Elon will supposedly reveal revolutionary battery tech?

>>21451847
it's funny, i told my friend to stop looking at their portfolio and not panic after they bought into OVV literally at the top in June (on the Monday before it all crashed down). Now after bagholding through that, they decide they should cut their losses now at the end of July and sold at almost -20% loss when they would have broken even just literally 2 weeks later.

if you're buying battered shit like oil, banks, and real estate, just do it in a separate trading account and hide it from yourself for 2 years or something.
i'd be wary of doing the same for airliners though just because of their massive cash burns. That's not something anyone could confidently hold brainlessly. These airliners can literally go to $0 and be completely worthless (well so can anything else, but the dangers for airliners are very very glaring, like literally several billions loss in a single quarter with DAL for example)

frankly you'd got safer bets with similar post-corona upsides to airliners. Stay away from airliners if you're just bandwagonning with robinhood retards

>>21452170
not with the 5-1 split where have you been

>>21452170
If their next stock split goes as well as this/last week's did, possibly.

>>21451039
ready for sub 100 TQQQ Ill buy

What would it take for TSLA's share price to actually drop?

>>21452141
So this October Panic is real then. Well, at least betting on Trump winning is still a safe option.

>>21451039
cmon bobo we need you, these prices are retarded, i want to buy in but not when everything in 3x marked up

>>21452367
Elon strapping his newborn into a Model 3 for a safety test. Live streamed by Joe Rogan.

>>21452385
Trump isn’t going to win. Most normies have a favorable opinion of Biden/Harris. Hillary was universally hated.

>>21451742
>imo if you want to play airlines buy the troughs and dump on robinhood/stocktwits retards every time it spikes up on short term news, then buy after the spike dumps and repeat
basically what I've been doing, eventually I'm just gonna settle in long term. Not too concerned about debt because the government is definitely gonna bail out the bigger companies

>>21452457
>Trump isn’t going to win.
ok

>>21452267
Southwest isn't going anywhere anytime soon. AAL is shit though.

>>21452457
Trump has given me more entertainment and money than any other president has given.
With Obama and Biden, all I got was gay sex - and even that took seven years into their office.

>>21451819
thanks, I was thinking Nov originally but then I thought about the holidays thing, but I suppose if Biden wins it will likely plummet anyways. Will probably move to cash as well.

I've got put spreads(8/28) and a call credit spread(8/21) on Uber. 28/29 on the call credit spread(if under 28 I make $200) and the puts are 28/26.

Based off UBER having to comply with california state law on August 20th do you think both of these will print?

>>21452268

>>21452616
I don't see how any of those shill companies can comply with Commiefornia. Their entire existence was purposely not complying with normal business regulations.

>>21445675
Put some in index funds before you go after individual stocks. You want to make sure you don't go to zero if an individual bet goes bad. If your bets win big, rebalance to have some in index funds, otherwise don't rebalance and just wait for your next paycheck for speculating money. This way, you'll build wealth over time no matter what, while still having the possibility of winning big.

One other thing - as you continue to grow your wealth, think about diversification across asset classes (PM's, real estate, foreign equities if you're comfortable with that). Macro forces can cause years of of crabbing in stocks, so make screw over different ones at different times, so having some of each lets you participate in the bull markets.

guys i'm starting to fall back into the shitcoin hole

help

>>21452478
Citing a fringe model that was correct once doesn’t mean anything. In just four years, demographics alone have changed enough that it will be virtually impossible for him to win the swing states that he won in 2016.

>>21452519
Ok? Biden is still going to win.

>>21452738
Just buy 100k dogecoin, it makes you feel like you got a lot without it really costing much

>>21447842
How is Puerto Rico for fucking spicy 18-23 year sloots?

>>21447921
Yes

>>21448036
Fix your windshield nigger

>>21449765
Bullish on commercial REITs with high cash reserves

>>21450397
No it’s only just begun

>>21450612
Yeah look at their max length chart. Their biggest holding is NVDA so you’d probably be better just buying TQQQ based on the two charts

>>21452675
More context

>>21452750
>Citing a fringe model that was correct once
It's been correct for every Presidential election going back to 1912, with the exception of 1960 and 2000. Go back to leftypol.

>>21452733
Whoa, I fucked up the 2nd paragraph big time, I meant to say "Macro forces screw over different [asset classes] at different times, so having some of each lets you participate in the bull markets". One of the ways you can be screwed over is decade long crabbing of stocks.

>>21452750
Enjoy the extra gay sex.

>>21452616
We're not psychics but I'm glad you are doing more advanced strategies. I typically just write one side though, usually a put spread, since stocks ~only go up~ if they're megacaps.

Uber though.. dangerous imo. I think it will print.

>>21451129
>muh 2nd wave
>muh overprinting
>muh doombear posting
There'll only be a 2nd wave if Trump is re-elected, it will still be a nothingburger but media will ramp the drama up to 11 to make it look like the apocalypse. DXY isn't even as low as it was in 2008 yet, and even then it's not like it just spiked into the ground. Media wants you to think the world is ending, because when you're terrified you're easier to control.

Bear plays are always more risky than bull plays, MMs want newbies to be full bears (like in teh short movie) because they lose all of their money a lot faster (and in the case of shorts they can lose even more) when they're wrong than someone who makes bull plays. If you accumulate shares and they dump you can still pull out at a loss no matter how heavy, but with shorts you can end up losing far more than what you put in.

Whatever you want to believe about the future, just don't go all in on any one perspective. Trump could pump the market, Biden could dump the market, China could even EMP the market in retaliation for re-electing Trump and then we'd all be fucked. Just make sure you're hedging for EVERY scenario

>>21449785
Anyone? Anyone else at all holding/swinging leveraged ETFs ? What are some indicators of a peak or trough?

>>21452825
Please create a trip code so that I can dunk on you on election night. I guarantee you that Biden will win.

>>21452862
more based than i was expecting after reading the start of that post

>>21452862
Coronameme can't even be legally classified as a pandemic anymore its death rate is so low. This is a giant political scam and always was. If a Republican had been president during H1N1 they would have pulled the same shit.

What's the best way to short the market?

>>21452805
>>21452675
What is this saying at all? Two fucking unlabeled charts what the fuck is this /biz/?

>>21453004
burn your money

>>21443758
What's the best website/app to track stocks? Right now just using yahoo finance and the seeking alpha app but I wnat something that shows the % gains in certain timeframes all in one view

I think I'm going to pull out a week or so before elections and see what happens, just in case. Better safe than sorry. I might keep 10% or so in a strong stock in case the opposite happens and everything moons for some stupid reason. Being a clown market, I wouldn't even be surprised.

>>21450277
>>21450565

I have a couply hundred in Choice Property REIT.

Owned by Loblaws.

Good to see other Canadians invested in reits.

>>21452929
Everyone's allowed to have their own opinion of the world anon, just because my prediction is that things are overhyped doesn't mean anybody else's perspective is less valid. That's a discussion for /pol/, but this is /biz/ and in /biz/ you should always be prepared to be wrong no matter what your views are

>>21453036
Finviz

>>21453036
yahoo finance has a screener, I like tradingview and finviz

>>21452750
Just cause you read retarded articles/studies doesn't make Biden a for sure win
You don't know who is gonna win

All I'm seeing are like 30 posts of people losing their portfolio over calls that went wrong or puts that went wrong

You ever wonder where all that money went? It went to options writers.

Become the one selling the options, not the one buying them!

Still mad about CLSK. Could have doubled my net worth in 2 days. Poomp out of nowhere

>>21452141
>>21452385
a lot of people believe that

If biden wins I'll be happy to buy the fuck out of the dip that you and the other weak hands dump into.

recovery may take longer if there's a "blue wave" scenario, but even then, I think they'll be too focused on the economic recovery to just slap on higher taxes.

There's one play though, I suspect could be a big win. I could see the dems cracking down on fracking, whcih SHOULD pump the hell out of the prices of Natural Gas.

>>21452478
>>21452478
Prof. Allan Lichtman has been correct since 1984.

>>21453419
There hasn't been an election in serious doubt since 1984. I'll take the one three times longer. Are you friends with Nate Silver?

>>21452738
if you're in canada, you can't shitcoins in a TFSA. enjoy your 40% capital gains taxes on every transaction unless you can cash it out in a "different country"

>>21450559
No earnings plays. Home Depot should beat but i'm not sure that will translate in to a bump in share price. All of my current trades were entered 2-4 weeks ago after taking profit on precious metals; defense, travel, consumer non-cyclical.

>>21451366
>The odds are that there will be some kind of wealth redistribution
Fuck that and fuck you.

>>21453468
Yes, there was an election with serious doubt since 1984 -- that was the 2016 election. People doubted Trump would win. Allan Lichtman correctly predicted Trump would win. Now Allan Lichtman is predicting Trump will lose. I am going with Allan Lichtman. I have never heard the name Nate Silver before.

>>21453419
>no significant scandal involving incumbent administration
lol what? The Democratic strategy for the last five years has been to turn Trump's entire presidency into a significant scandal

>>21453601
None of them stuck. All revealed for the political theater they were.

>>21453419
>>21453601
Also
>no significant social unrest
lol there has been significant social unrest for the entirety of Trump's first term. His base is more energized than ever and Democrats have done an absolutely fantastic job of demonstrating their deep infantile biases, which has either converted potential Biden voters into Trump voters or just nonvoters, which is still bad for the Democrats since their turnout is always lower

>>21453601
>>21453601
YOU DON'T SAY?! Good work Sherlock.

The points listed there are showing the criteria that must be met in order to meet a key requirement. It's not saying that "there are no significant scandals", it's saying there must be no significant scandals in order for him to get one point on Allan Lichtman's 13 point system. Whoever has the most points, wins the election. Biden has 7, Trump has 6.

>>21451039
I thought bono was dead

>>21453757
>it's saying there must be no significant scandals in order for him to get one point on Allan Lichtman's 13 point system
Then it's a totally irrelevant and arbitrary system because Lichtman can just define "significant scandal" any way he fucking wants

>>21453726
Stop being a god damn retard, you fucking idiot. https://www.youtube.com/watch?v=NBFzy7Oq1e4

>>21453848
Again, stop being a dumbass.

>>21453419
His rating seems a little biased, there are some keys that are subjective. Does no foreign wars count as success? What are they counting as Trump's military failures? Some things like the Russian bounty BS aren't really a failure of Trump beyond for media hype. If even 1 of the keys are based on biased opinion rags then it's dead even, if 2 then Trump is winning. Trump's base is united behind him, nobody on the left can even agree on Kamala, let alone Biden. 2020 has been the worst year for a lot of folks, maybe this is the year when Mr. Baba Yaga is wrong.

>>21453860
>>21453912
>When you buy my book....
This guy is a total hack and there's no reason to believe him any more than Nate Silver saying Hilldawg was going to 98% win or what the fuck ever ridiculous number it was. Trump has a lot of advantages over Biden and people want to ignore just how unappealing Biden and Harris are to Democratic voters

>>21453586
Nate Silver? If you haven't heard of him then you have no business making any predictions about who is right.

>>21444186
shut up you larping faggot. you missed the dip and this is the intro to the bull market. stick with your stupid stocks.

can we pls stop talking politics in this thread and get back to stocks?

Also: BLOOD RED MONDAY

Bobos is making a come back

>>21444186
Why does your image never change?

>>21454053
It's the weekend my man

>>21454028
I think it will dump, I'm trying to get on Robinhood to panic sell but non of my trades are being accepted. If everyone else is experiencing the same thing they might all try to dump the instant RH fixes the NYSE servers

If you want to buy multiple contracts (>10), is it better to set your limit price a tiny bit over the ask price? My broker charges commission on every trade + per contract, so I'm trying to mitigate my losses due to commissions.

>>21448036
Yea iv'e been holding off on getting a working pair of headphones and better internet. These are problem that can be fixed with money, yet I hold off and live with the problems until it no longer works just to increase my leverage.

>>21453964
This "total hack" has not been incorrect once. I'm done replying to your stupidity lmao

Fucking hell I really wanna buy LINK. Someone tell me it's just the FOMO and that shit's gonna crash hard soon.

>>21453983
Idiotic statement lol

>>21453860
Who does he say? Video is blocked in my country

>>21454152
No shit it's gonna crash soon. Literally nothing justifies its price.

>leftypol shows up and starts spamming about politics and not discussing stocks whatsoever
So transparent every fucking time

>>21454147
trump will win the election, screen shot this

>>21454210
Surely when you do a search for Allan Lichtman, not all of these videos are blocked, in which he says the same thing in all: https://www.youtube.com/results?search_query=Allan+Lichtman

>>21453999
>>21454152
Crypto is fucking retarded, fuck off back to the 3588 other pajeet shilling threads. People sitting around for years waiting for whatever shit coin they have to moon while people are making cold hard fiat in the stock market every day, extremely pathetic.

>the stock market would LOVE a democratic victory in November

>>21454298
Love it when none of the actual political "discussion" here leads to ticker talk. I need positions and shit to talk about.

>>21454327
>cold hard fiat.
spoken like a true zoomer idiot. have fun with your inflated fiat. will you FOMO into crypto when BTC hits 20k or 100k?

is this bearish on apple?

I want to make a crypto now.
I'll call it SIMP
Secure
Investment
Monetary
Protocol

>>21454506
The first Gamer-Girl Bathwater-backed crypto

>>21453211
I know that Biden will win. I know for certain.

Stock market is crashing in November no matter who wins. The incentive to pass any more stimulus will vanish after the election.

>>21454745
Sorry but why wouldn't there be a 2nd stimulus?
>1st crash/stimmy, big boys get out early, buy back in low and profit off huge run
Why wouldn't they want to repeat that?

>>21453586
I think so too. The only chance Trump has is Biden's dementia.

>>21454317
Never heard of him before thanks

>>21454604
This gamer girl?

Burry is based and held goog calls as of latest 13f on 80k goog shares

>>21454983
ew lol wtf, don't girls usually have little soft blonde hairs there if anything?

>>21455426
>girls

>>21454857
>Pass stimulus, government becomes weak
>Don't pass stimulus, people become weak
Pick one and only one

>Your options position 1 AAPL Aug 14 '20 $465 Call has expired. This position no longer appears in your Portfolio

Success

>>21443758
>holding shorts over weekend edition
that's disturbing

I thought that only I left them over the weekend. If everyone done the same I'm fucked.

just had my first sip of the day lads

>>21455686
a bit of a greedy call, that was

>>21455619
any kind of government spending makes people weak over time
right?

>>21456079
Its parents not gov.

What are good stocks to invest in if you only have a couple grand? Tired of having less than a hundred shares of a stock.

>>21456290
Unless you really want covered calls the cheap stock = best to buy if poor is faulty logic.

>>21456290
slv covered calls

>>21453419
>has correctly predicted popular vote

Too bad that's not how US elections work

So what's the play for the next horseman of the apocalypse? Defense? Renewable energy? Long dated lean hog futures?

I dumped my wkhs and made 20%

are we back in for the long haul?

>>21456605
I might actually do this because the premium is good

https://www.standard.co.uk/business/nividia-buy-chipmaker-arm-a4524761.html

Pump eet

>>21456680
I sold at $20 and got back in at $15 after the earnings. Earnings dump was way too large, people confused a paper loss for a real loss.

>>21456639
the pizza hut proton was real btw

god bless capitalism

>>21452929
LMFAO this faggot actually believe Biden is going to win. See ya on debate night. "Might of the Right faggot"

>>21450464
>as I saw link at 4 and was waiting to see if it dropped to 2 again to drop 10k
Same. Except i was going to drop 2k on it...when it was $2 but coinbase put a pause on my account. By the time I had made a fully functional accpunt elsewhere without coinbase antics of freezing my funds link was at $4 so I didnt bother transferring anything and waited instead only for it to keep rising. Really depressing 2k would be nearly 20k. Albeit in all reality I'd have pulled half at $4 and let the rest ride risk free so 10k instead.

Once again failed at freeimg my family of wageslavery.

>>21456853
MAGA is even more convinced they can't lose than ShareBlue was in 2016.

The tears will be fucking hilarious.

>>21456877
I'm so sick of Coinbase's bullshit. Shittiest fucking site I ever used. Is there a legit alternative these days? Back in the mid 10s when I got into shitcoins they were basically the only one around that didn't randomly disappear or collapse regularly.

>>21456783
when do we buy back in?

I'm genuinely asking, apresh the help my guy

>>21457013
nigga I literally just told you the price I got back in at, go look at the earnings transcript and read the whole thing

>>21451959
>MRVL I see by estimates is supposed to beat expectations

Did you read this on Yahoo Finance? How can you be sure?

>>21456837
Is Pizza Hut unironically a space ex program now?

>>21457083
Dominoes was repairing roads near their stores. Ancapistan is here.

>>21456877
Nobody fucking cares. Get out of /smg/.

>>21447076
same based fren

>>21456980
No Democrat wants Joe at the debates. Is it because of his dementia? Or the fact that no one can bring a child under 16 around him. Who knows!

>>21456996
Binance

>>21457071
nigel thornberry, I'm going to look at it now.

I'm trying to make some coin here

>>21455686
yeah... this was extremely painful (4 me)

>>21456079
awwww man I haven't had a barqs alllllll coronacrisis
I need all those B vitamins and Taurine!!!!!!!

it's fucking happening

What does /smg/ think about moving to Eastern European countries with a low cost of living?

Some of these countries have a monthly net income of just 400 euros, which is $5,688 USD annually. You would only need a 70k portfolio with a 8% annual return to retire.

>>21457800
I don't want to give up on America just yet.

>>21456706
Nvda will be 600 soon if they get arm

>>21457856
At decent net worth you should hedge nationality. History is full of lessons teaching this. Learn from it. Every country can descend into madness.

>>21448036
Are you sure now is the right time to put everything you got into the market?

>>21457790
I've successfully predicted all of the times the dam has collapsed so far.

>>21457944
Tech is undervalued still.

>>21457909
Poland and Hungary are pretty based, I'll give you that. It's just that I have no real connection with them at this point aside from some Polish blood.

>>21458041
I just mean that if you are in a position to have choice of nationality it has an enormous impact on life. The environment especially for children or descendants is very important.

>>21457800
I hitchhiked/camped and partied through all of them. Some really like America and some not so much. The living is simple, the people friendly. They do not like blacks so if you are not real white looking its a bad idea. Money will go a long ways. Its extremely safe.

>>21458010
Because the fundamentals suggest it or because you say so..?

>>21454983
Doritos and Mountain Dew bath?

>>21458144
Complex reasoning

Which stocks will Zoomer Zoomerson buy next week?

>>21458214
Ok, I guess everyone will just have to take you on your word oh great oracle

>>21457800
I think I technically could have Czech citizenship if I went through a bunch of paperwork. I can't learn languages for shit though.

>>21458272
Yes. That might be prudent given results.

>>21457800
What the fuck is Iceland's economy based off?

>>21458272

Do not mock our great leader

>>21458357
Tourism. Also some fishing and aluminum smelting.

Their economy gets massively "distorted" from the EMOURMOUS size of tourism spending (dollars and euros), compared to their own micro population and local currency

There just arent many good companies..

Picked up some Biden shares at 0.62 a few weeks ago, starting to doubt

>>21458506
I've been pretty happy with NOK, but it's probably hit it's ceiling for a while.

>>21458357
>>21458450

I’m also curious about how the economy works and how their people live generally. What are the winters like? Summer time?

I often wonder about the lives of others in far away lands

>>21458567
>What are the winters like?
What do you think

>>21458357
>>21458450

>>21458529
I think Biden will win because of corona memes but I absolutely wouldn't put money on that until after the debates. Biden could have both his eyes fill with blood on the debate stage, Trump could keel over and die and Pence might win, who the fuck knows in 2020.

>>21456837
I miss Pizza Hut. As a kid in the 90s I always saw them as the biggest restaurant chain in the world. What happened bro’s?

>>21458613
With a name like “Iceland?” I imagine it’s cold

>>21458701
Dominos cucked them
People got bored with them etc etc

That’s why I never invest in restaraunts; they may profit for a decade or so but eventually they become stale and crumble

>>21458529
this is playing out like the 2016 elections.

>>21456996
Yeah pretty annoying. Worst part was that I had made an account before. The first time they froze my account for a few months. Had to get the government involved to get my money unlocked as coimbase just kept throwing me in circles. Had I been able to get in I'd have dropped 10k on BTC at about $2.5k....

>>21458778
I remember Chipotle when it first debuted I was in high school. I went there once a week after my back to back clarinet and oboe lessons as a treat. The burritos were huge and insanely delicious and I always had to save half for breakfast because I could never finish.

Now Chipotle is where flavor goes to die and the burritos are taco-sized. Fucking sad shit getting bought by McD's.

>>21458529
>Arizona is blue
This graph is absolute horseshit.

>>21457736
Explain pic.

Any EV plays to blow a shitload of money on?

>>21458778
Ghost kitchens are interesting. Fuck food companies though its all pretty shit. Drone delivery and self driving cars are better imvestments into food than food.

>>21457800
I've considered it but the immigration requirements make it a pain in the butt. Anyways I'm more interested in 1 northern European country and Switzerland both of which are likely difficult.

NEWD!

>>21458964

>>21458964

>>21458964

>>21458964

>>21458890
maybe all of the old people in Arizona died and now it's all kids and mexicans?
that's the only guess that makes sense to me

>>21458912
just buy ARKQ or something

>>21457800
Also interested in Iceland. But once again difficult to immigrate there. Basically I'm interested in 3 1st world European countries and maybe 1 eastern European country.

>>21458701
Generic as fuck, all pizza places are. I can't stand corporate pizzas. They have such a limited selection of toppings. Hook me up with some weird shit, y'know? Like cream cheese and cashews, I got a pizza with cream cheese and cashews at a local place in FL, and that shit was fire. They also don't have caramelized onions or other sweet shit that's complementary to the cheese. Their sauces are super hit and miss. Hook me up with some tangy shit, or some sweet shit to choose from. Get wild, experiment a little, I don't want the neutral ass crushed tomato with parsley for color.

Pizza hut and Dominos can't even get a line on fucking basil pesto. It's pathetic.

>>21458529
Where can I gamble on this LEGALLY?

>>21458968
>>21459059
Is it not possible to make a border run every few months or whatever it would be like retirees do places like Thailand?

>>21458623
Beautiful, one of my top choices to get citizenship in if i was rich enough.

>>21444587
Cuz most /smg/ posters are retarded and are never gonna make it. Let them sleep, they will be the ones taking these bags off my hands when it moons to $60 in a few weeks.

>>21459172
If this wasn't clear, I mean entering a country without needing a visa, staying the max number of days, exiting it, and then reentering again.

This should be possible unless the country has rule where you can only stay so many days in a greater period of time, like 60 days out of a 180 day period.

>>21458567
>>21458623
>muffled HINGERDINGERDERGIN in the distance.mp3

>>21444960
You sound like an absolute faggot. Buying chainlink will cure this.