/biz/ - Business & Finance

first for i am in need of cheapies

When people say that "a correction is coming for tech", do they actually understand when and why a correction happens, or they just feel the need to say something smart?

>>22014811
they think line too high need go back down

Reposting #shekelgoals
>$1500 wagie/month
>$470 rent
>$300 groceries (very conservative estimate)
>~$700 remaining (after some luxury shit from time to time like ice cream)

>shove $500 into stocks
>$200 toward a 3 month emergency fund (~$2400, finished in a year)
>after fund is done, put the whole monthly $700 into stonks
>a weekly return of 0.5% on the stonks
>$50k in 4 years, quit job
>buy a house in some abandoned village for $10-20k
>set up solar panels and a greenhouse for $10k
>start an online business with $10k
>keep/reinvest $10k in stonks
possible extra expenses would be setting up a small chicken farm for ~$2k and an ukrainian wife for ~$5k

Unfortunately I can't move back in with my parents because I live/work in a different country, so I'm wasting $470/month.
Foolproof plan, right? The market only goes up, right?

From last thread
>inflation bad
2-3% for ~5 years acceptable
>where do you find houses for cheapsies
abandoned Moldovan villages

>concerns
How realistic is a 0.5% weekly return from stocks? Buy on Monday, sell on Friday (or sell earlier if there's some big spike, say 5%).

> For 6% of the deaths, COVID-19 was the only cause mentioned. For deaths with conditions or causes in addition to COVID-19, on average, there were 2.6 additional conditions or causes per death.

https://www.cdc.gov/nchs/nvss/vsrr/covid_weekly/index.htm#Comorbidities

I'm gonna do it. I'm gonna spend 2500 dollars on citigroup on monday.

Wish me luck, and remember that dividends are literally free money.

>>22014853
I imagine there would be something similar to a "settled status" scheme in the UK.
>would be nice to have a second passport in a country you can always go to stay indefinitely in case things in your home country goes south
Wouldn't really work that way in this case. If I were to move to Moldova, I'd be at most an hour away from my home in Romania (and then I'd have the rest of Europe open with my EU passport). And if shit were to go down, it would most likely be in Moldova before any EU nation (as it still has a hostile (((Russia)))-backed breakaway state half an hour away from the capital). I will get though a Moldovan passport eventually not for benefits, but for my nationalistic sensibilities. :^)

>>22014880
>concerns
Corruption in government and society, xenophobia

>>22015040
>xenophobia
I'm white
Also I can learn Russian to blend in even more
>corruption
I could do my business remotely in some EU country and just lay low in my village.

Need more opinions, what's a good broker for EU people to get started?
Pls respond

How to set proper tailing stops? Is selling at -5% too greedy?

uuuuhhhh, bros...?

>You guys are gonna short the market with me, right?
>You understand the music is going to stop within a year, right?
>We're all gonna make it, right?

>>22015528
Sure. When all my stops are triggering at once I move into short positions

>>22015175
Degiro

>>22015528
i don't understand shorting. it's literally a loan except instead of borrowing money you're borrowing stock. you need a margin account to be able to do it because you're borrowing on margin. you have to pay fees and interest the longer you hold it. the upside is capped at 100% but the downside is unlimited because there is no limit to how high a stock can go, but it can only go down to 0. Bill Ackman was correct about Herbalife but he lost $1 billion in the process of shorting it: https://www.investopedia.com/news/billionaire-bill-ackman-dumps-herbalife-ending-5year-war-betting-against-it/
https://www.forbes.com/sites/lisettevoytko/2020/08/28/herbalifes-123-million-chinese-bribery-settlement-is-latest-legal-trouble-for-mlm-giant/

you go long, worst case scenario if the company is good, you just hold. you can hold for years, decades even, it costs you nothing. there is no limit to the upside, 5x your money, 10x, 1000x, there is no limit. i will always be net long. the market going down only means im taking profits and then looking for cheapies. shorting makes no sense to me unless you're day trading. Simple as.

>>22015175
Binck
>>22015585
Binck>Degiro

>>22015632
I am just using short ETFs on Indexes when SHTF

>>22014880
>470$ rent
Where do you find rent this cheap?
Me and my gf pay about 1300 euros for everything per month on our rental apartment

>>22015175
I use Interactive Brokers, but I am not sure how good it is when you are just starting out, since they have an inactivity fee if you have less than 100k$ in your account (though the inactivity fee is reduced by how much in commissions you generated each month).

Aside from that though, commissions are in-existent at a lot of brokers now if you check the sticky in the OP. I'm not sure which ones accept European customers though, and if there might be other caveats.

>>22015585
I've heard Degiro is one of the cheapest European brokers, but beware that, unless something changed, they are not insured the same way other brokers are (only up to 20k$), so should they go bankrupt, you might be fucked completely.

>>22014880
>How realistic is a 0.5% weekly return from stocks? Buy on Monday, sell on Friday (or sell earlier if there's some big spike, say 5%).
0,5% per week is about 30% growth per year. That is possible (but exceptionally good) if you average it over a period of several years.

You are not going to go up 0,5% every week. You have to think more long term than that.

>>22015672
UK
Living with 6 other housemates though.

I went into some reddit thread and they were all against using stop losses. Should I bother, or should I put them on all of my stocks?

>>22015685
Binck has it until 100k because they have to comply with banking regulations
>>22015713
Ah like that, well in that case I pay about 650 euros a month for everything then which given the location of our place is a steal for 65m2.

>>22015672
UK
Living with 6 other housemates though.
Also all the instances of USD are really GBP, but it was easier to type "$".
So that would be 628 USD/month or 527 EUR/month

Rate this play:
>Short Zoom before close on monday
>Buy S&W before close on thursday

Is the corona gun boom priced in for S&W, and is Zoom not as much of an overpriced meme as I suspect?

>>22015729
If you hold your picks long-term, don´t bother. You have done your due diligence and have decided that they are worth buying. If they go down in price you just buy more (unless the company has fundamentally changed in some way)

>>22015741
Nice, although I do intend to buy a house with a mortgage when me and my gf get married after she finished her Master's degree and she has a job.
I'll start on Tuesday with my first job out of uni and could, of my contract gets extended from a 1 year contract to an indefinite contact, buy a house of 300k with a mortgage but I don't want that.
I'd prefer to wait until she has a job too so we have a bigger budget and can buy a house to live in until the mortgage is fully paid of in 30 years. And finding a home like that is more expensive

>>22015460
The money doesn't go into the economy, only onto he balance sheet of primary lenders. It's all a ruse to bamboozle investors. No inflation.

>>22015670
sure, but who knows when that's gonna happen? even when SHTF im still probably just going to revert to day trading shit and shorting a lot intraday because it's free if you don't hold overnight. call me when the first circuit breaker trips because im not gonna believe SHTF until that happens.

>>22015810
Never forget the velocity of money formula

>>22015841

>>22015738
>65m2

that's nice. i live in a 1800 ft2 (about 168m2) house with a basement and 2 acres of conservation land that i don't pay shit for because my parents own it and the mortgage is already paid off. i help pay for groceries and living expenses and such but most of my money i get to save and put into the stock market to make even more money from.

feels good.

>>22015770
>playing the earnings itself that you have no way of knowing instead of playing the hype leading up to it and the reaction afterwards

you're literally gambling you fucking retard

>>22015875
Basically
Money supply increases but not as fast in percentages as the velocity of money is decreasing, so the left side of the equation becomes negative/low. On the right side of the equation the fall in real GDP is not big enough to justify a real increase in price levels that would cause some excessive inflation.
If real GDP falls more though or if the velocity of money ever increases again to its pre-2010 levels we will see inflation, but now we won't for a long time given people being more anxious to go out and spend and being more cautious in their spending habits because of the economic crisis which we are only just beginning to enter
>>22015899
Great for you but after studying away from my parents in university and living in my own I genuinely can't stand to be longer than a week or two at my parents place.
Even though my uni used to be 2 hours away now my apartment is less than 15 minutes driving away from my parents.

>>22015175
t212 for me.
Degiro forces you to use the site in your local language which is pretty cringe and makes their service unusable for me, since I have no idea what all these terms mean in my language

If you switch out "nigger" by "inflation" you get Jerome's last speech.

>>22015770
>playing earnings on a gun manufacturer
You're going to lose all your money. They're all poorly run and/or loaded with debt. It's an extremely boom and bust sector.

>>22015729
I like stoplosses because I hate to lose money. I have trailing stops at -5% and all my positions are +5% min.
I can’t lose my money anymore and in worst case when every stop triggers I have 200 bucks more then before.

>>22015795
I'm not sure if your post applies to me. I definitely am okay holding long term, but I didn't really do my due diligence. I just bought in march and am kind of incompetent. If we do have a bubble pop, is there really any downside to having stop losses in place then rebuying those stocks at the bottom of the pop?

>>22015942
Is it time to bet on gold yet

>>22015942
fair enough, im lucky enough to have a great relationship with my family. my brother still lives here too and we all pool our resources together so we have effectively 3 incomes totaling probably somewhere in the $250k/year range. it's comfy af and an easy way to early retirement, but to each his own i guess.

>>22016057
No gold always underperforms in the long run on inflation
>>22016058
I mean I have a great relationship with them but having independence by living on your own is very desirable and you never want to get rid of it after you've had it for a bit.
I couldn't imagine sharing my income with my parents and siblings tbqh.
Not at my age of 23

>>22015632
Shorting makes sense because for the big boys doing it, the 100% return could come a lot faster than the 100% upside would for a strong long position. For a bad company the crash only takes a few hours/days once the news break out.
Ackman was right about Herbalife but he forgot to omit logic from his play and consider that people love supporting a scam.

>>22016103
I imagine somewhere in the world is a family not full of shitbags, all with good heads on their shoulders, and all mostly interested in continuing a similar family lifestyle. I wouldn't know because my family never was, isn't, and never will be that and I moved away immediately at 18 but I bet it's one of the best feelings in the world.

>>22016103
Wife and I lived with our parents until we got married at 31. Saved up 350k each. Renting for muh independence seems stupid. We like our families though.

>>22016118
>Shorting has a faster return of 100% than going long
It literally doesn't shorting is nothing other than selling a stock and rebuying it later on for a lower amount than you got for it before when you sold it.

>>22016118
>Shorting has a faster return of 100% than going long
It literally doesn't shorting is nothing other than selling a stock and rebuying it later on for a lower amount than you got for it before when you sold it.
>>22016167
That's nice, but my gf's parents live 300km away in Germany and we live in the Netherlands now where she does her master's degree and I have my job. Even with everything online living here together is far better than living so far apart and not together which we have been for the past 4 years in our previous student city.

Do you agree?

>>22016168
>is nothing other than selling a stock and rebuying it later on for a lower amount
Yes, but how does that refute my point that shorting makes sense because when a company dumps on bad news, it dumps really really fast and there is potential for great gains in a very short period?
Imagine shorting Wirecard in the first half of June for example

>>22016118
you also forgot that short squeezes exist, some of them of epic proportion.
https://moxreports.com/vw-infinity-squeeze/
https://moxreports.com/how-you-could-have-predicted-the-tilray-mega-squeeze-by-looking-at-the-stock-borrow/

the "unlimited downside" is a big deal imho.

>>22016103
>gold always underperforms
So what then, REITs?

>>22016255
Shorting does not give you a better chance at 100% return than long at all
>>22016270
Not really since REITs also underperform and especially the real estate for commercial businesses is plummeting like a madman now because no one goes to the store anymore or as frequent as they did before.

Just put it in the SP500 index and let it sit there for as long as possible

>>22015006
Should I sell JPM and buy C instead?

>>22016237
i mean we all live in different circumstances obviously, just noting that living at home with your parents has huge advantages if your circumstances allow for it like they do for me. i'm very thankful for my family and consider myself very lucky, i know a lot of people don't have this sort of opportunity. we're all in the electrical engineering field in different ways too, not every family is making bank in STEM like we are on top of also having a good relationship.

>>22016255
how the fuck would you have known to short wirecard in the first half of june, though? i guess shorting would make more sense if there were some consistency to knowing these things early enough for it to matter. it's sorta like INTC where often the news comes out when the market is closed and price just fucking teleports down to a new low level when it opens again.

>>22016246
>you just know he wanted to put FAGMAN in the title
>he had to change it for the youtubes

>>22016368
Shorting the indexes right after lockdown was announced was pretty obvious.

>>22016368
cheating. Imagine just having one insider tip for one moment. Like knowing Kodak or Wirecard the day before. Turning $25k into millions in an afternoon.

>>22016321
Oh I absolutely agree with you on that. I lived with my parents during my master's degree in finance last year and it was alright and saved me some costs here and there but not living independently really put me off, especially because my dad already worked from home 99% of the time in his job and not having a place other than a small room to yourself gets annoying after having been fully independent for 3 years prior to that.
My family does make a very nice amount of money but I don't want to feel like a burden on them for anything and always feel uneasy when they give me free stuff like nice food and some money here and there.
Now that I have my first job starting Tuesday i won't have to ask them for anything again because my pay would allow me to save at least 1200 euros a month after all fixed expenses of rent, food, insurance, house expenses of gas, water light and internet etc.

>>22014880
Go up .5% a week but won’t taxes eat up a lot of your earnings if you’re trading all the time?

>>22016477
In bongland, you have a 20k allowance through an "ISA" account, and an extra 13k allowance outside the ISA.

>>22016368
Now if you can get this from a google research, imagine how easy it is if you're a stock market veteran with 30 years of experience and perhaps a few connections who could provide you with some insider info on a given company

>>22016514
That’s pretty dope

>>22015006

Buy at 53.01 and not before that, you're welcome

>>22015431

Just ratchet it up with the profit, sell 75% of your shares at your target and let the 25% ride. If you're feeling lucky sell half and let the other half ride.

>>22015729

Stop losses are literally the most important part about trading stocks

>sell naked call options
>buy back the underlying asset
>buy 100 shares
>sell covered calls
>continue to buy shares
>continue to buy and sell call contracts
Stop gambling like retards and play the game how it's supposed to be played

>Next week

>>22016712

>trading options
>not retarded

Choose one

How much longer will the market stay retarded? This is too much fun. Looking at graphs before looks awful, 1% after like 5 or 6 months with nothing really happening in between? Boring as fuck.

>>22016408
yeah like i said, to each his own. clearly seems to be working out for you anon, sounds like you're gonna make it.

>bought TQQQ at 105
>sold at 130 before I heard about the splits because I thought the bubble would burst
>it's at 157 now
Pls comfort me

>>22016393
i have a better one:
https://www.youtube.com/watch?v=PejJZIlqRQE
https://www.youtube.com/watch?v=FItEjc6VtuU

>>22015632
>>22015632
>upside is capped at 100% but the downside is unlimited because there is no limit to how h

depends how you short, if you were to use any instrument downside is too capped to 100% loss, not unlimited. only traditional stock shorting where you borrow the stock is unlimited.

japan and asia is a long! thetre thriving while western world is sinking with mass immigration!
https://www.youtube.com/watch?v=tSDkjjn5bm4

>>22014947
i mean covid is not that dangerous, 98% or something deaths are people over 65. but when some say they had a condition, they dont
understand that people 60yo like 80% have some kind of health condition like type 2 diabetes or high blood pressure, asthma etc

>>22016834
You haven't figured it out yet?

Any time TQQQ dips, it recovers....QUICK.

There's no point in trading TQQQ, only holding.

It's literally a cheat code for the rich.

>>22016548
but how do you know exactly what news is gonna make the company crash completely? if it's so easy google me up one right now. i mean yeah obviously we all know insider trading but assuming you don't have access to that, then how?

i much prefer riding the hype on good news. i already have made a bunch off of the hype around the AAPL and TSLA splits and will probably keep making more off of them in the coming weeks. i'll be making money off of the hype around TSLA's battery day. i'll be making money off of the hype around NVDA's new graphics cards coming out in late september. i'll be making money off of the new console hype at the end of the year.

just feels like it's a lot easier and safer to make money off of the low-hanging fruit of hype around good news from strong companies, imho. idk how you'd pull off the short shit unless you actually have insider info, and the downside to being wrong or simply being right but getting short squeezed is tremendous if you're holding it for longer than a day.

>>22015770
I like SWBI....but I don't know, it's risky.

It's not a tech stock, it could report GREAT earnings...and still tank. Great earnings apparently only matter if it's a tech stock.

>>22016038
You don´t know beforehand if a stock is going down 5% or 50%. The risk that you sell a good stock right at the rebound is about as big as the chance of selling at the beginning of a crash and buying back much cheaper.

>>22017023
> Great earnings apparently only matter if it's a tech stock.
Generally yeah, but it's not a guarantee

Predictions for AMD EOY price?

>>22016246
Did sell my Apple right before 350 but kept my amzn because Amazon and Jeff are machines.
FB is clearly the most undervalued and I've bought the dips many times but have not kept it yet. It dips too often for my test but I might buy it long term soon

>>22017151
Out of all the fagman stocks FB seems like the longest term hold on

>>22014811
You misunderstand, the bears are going to be corrected of their mistaken belief that we will revisit lows below the the start of the crisis

>>22017150
between intel shitting the bed, big navi coming out, and the new xbox and playstation coming out which both use AMD chips, certainly more then than they're currently worth now. probably over $100/share.

it's hard to tell specific prices in the future, i just buy the dips and sell the reversions to the mean over and over again with them. i never short them. even if they have an extensive dip the ultimately takes up all of my money, i'll just hold, because im confident they will make new ATH's at some point, that's my only main criteria with stocks because i don't use stop losses, i manage position sizes through DCA'ing at standard deviations from the mean.

>>22017236
>that's my only main criteria with stocks because i don't use stop losses, i manage position sizes through DCA'ing at standard deviations from the mean.
Exactly the same for me. I haven't been in the market for long enough to know, but do stocks rise on days that products like PS and xbox are released, or do they get priced-in months beforehand?
Wouldn't the PS and xbox thing have already been priced-in on the day it was made known they'll use AMD chips?

Kek. Apple split took effect finally. Got 88 shares @ 111.0228 avg (stock price is 124.81). Each share is paying out that 0.82 divvy so 72.16 x 4 gets dumped into my account a year. Now nothing to do but sit on my ass and wait for the return of 300 per and the virus's vengeance to strike this fall and winter. Bring on the cases, bring on the flu, send that stock price thru the roof by dec 31st.

>>22017371
it was a little fun to pretend I had $200000 in apple stock yesterday though

>>22017371
>and the virus's vengeance to strike this fall and winter.
Game's up on that unfortunately. You can only lie for so long.

>>22016815
I hope so, hope I'll get a contract extension after the initial 12 months when my contract expires

>>22017301
>do stocks rise on days that products like PS and xbox are released, or do they get priced-in months beforehand?

generally beforehand, although they can also go up more on the day of if expectations are greatly exceeded. a good example of this is TGT's last ER if you want to take a look into that. the big thing is the hype before the event as well, where dumb money will flood in due to the euphoria but they're dumb so they'll often hold through the event like an ER or a new product release or whatever, the news will be good, and the price dumps and they go NEWS WAS GOOD WHY PRICE GO DOWN? not realizing that it only met expectations or worse was less than expectations. buy the rumor, sell the news.

>Wouldn't the PS and xbox thing have already been priced-in on the day it was made known they'll use AMD chips?

nah it's not that simple. tutes take a long time to take positions in a stock because they buy literally millions of shares and do all sorts of hedging and take profits and such. generally smart money gets in early and dumb money is late to the party every time. look at SGMO from around october to december of last year, that rally lasted months leading up to ASH in december at which point, on the day of, it dumped hard over the next couple of days, there's another example. the news for their SB-525 drug met expectations but some of their other stuff failed expectations and it crashed the stock. all of the expectations were priced in during the rally leading up to that event, and profits were taken and panic selling occurred after the news came out. i know this because i bought in during the last pump and had the same "NEWS GOOD WHY STOCK GO DOWN???" and had to wait from july to december to make only a small profit after averaging down, being down over 30% at one point. it was a great lesson ultimately, luckily one i didn't lose money on in the end.

Should I get AXP or DFS? One is for rich people and one is for poor people and I hate poor people but which can I profit from more?

>>22017426
wtf? can i get a legit source on this or is the MSM not reporting on it at all? like a link directly to the new CDC stats or whatever it is?

>>22017426
>You can only lie for so long.

You're pretty naive

>>22017486
Thanks didn't expect such a thorough answer. I'm hyped for both nvda and amd

>>22015770
You would make more money flipping guns than you ever would from holding stock in a gun manufacturer.

>>22016312
>>22015006
>buying banks

>>22015981
based author

>>22016246
Yes. I think almost everything is 'over valued' right now. The problem is you're either buying over valued stocks that keep going up or you're buying 'under valued' stocks that just crab eternally.

Am I gonna make it guys? If the Tesla and Apple splits don't encourage tons of people to buy I'm gonna be sad about buying more FNGU on Friday

WKHS - 30 shares @ $4.96
TQQQ - 5 shares @ $157.56
FNGU - 10 shares @ $220.86
NAIL - 10 shares @ $51.64
LL - 25 shares @ $26.65

Seems like the steam ran out on NAIL and LL this week but that doesn't seem to reflect the most recent housing numbers

>VOOG
>ICLN
>JETS
>CX
>PEJ
High yield monthly dividend REIT
>ARR ($.10 a share monthly for a sub $10 stock)

2020... I am forgotten

>>22016712
A whole lot of steps to lose to buy and hold

>>22017426
October is coming up, we'll see what happens.

...Most likely nothing, but nothing's guaranteed. Because it's so infectous the chances of deadly mutation are much higher. Not saying it's going to happen, just the chances are greater.

>>22014757
It's not too late to but oil guys

>>22015981
holy mother of niggers

>>22017687
NAIL and LL will sub perform TQQQ and FNGU.
Boo hoo. If FNGU goes down it goes back up. There are no constant uninterrupted stocks that just go up with zero volatility, Especially if they are 3x levered lmao

>>22017795
now that apple as split x 4, i can sell off 1/4 of it and still do 3x covered calls and use my proceeds to buy any fngu/tqqq dips

>>22017583
welcome to weekend /smg/, it's pretty comfy. talking strategies and risk management theory is my favorite part of shit shit, stock trading in general is like the best strategy video game ever invented and if you're good at it, it can make you rich (at least rich enough to not have to wage slave ever again). unfortunately a lot of it comes down to experience though which is why i recommend newbies paper trade for at least a year first and then trade with real money but only risk $10 per trade for another whole year (pretty common advice actually, not just my own). market conditions change all the time and you won't know until you actually trade in all of them, and when you're just starting out learning you don't want to blow up your account in the process when something unexpected happens.

it also helps a lot to learn how to read price action and volume and learn patterns. instead of choosing between fundamental and technical analysis i prefer to combine both for maximum edge. i usually recommend jared from livetraders, he teaches it like a college course (most of his videos are 1-2 hours long) and has a very no-bullshit attitude that i like. he sells some books and shit like you might expect but you don't need any of that, all his videos are free and he even gives out his watchlist on twitter for free at 9AM every day. i like breakouts a lot for example and found this video very helpful: https://www.youtube.com/watch?v=n_qgPGPTBEE

as for AMD it's setting up an ascending triangle very nicely right now on the daily, for example. when it breaks through that resistance on volume i wouldn't be surprised if it took off to the upside. who knows how long it's going to keep consolidating around here for, though.

>>22017795
>NAIL and LL will sub perform TQQQ and FNGU
Well yeah I agree, but they were intended to be slightly longer term holds than TQQQ and FNGU. I guess if I'm already gambling on tech I should just go all in. I'm down 2.6% on NAIL and 4.3% on LL though so I kind of want to recoup those losses before selling and using the money for something else

>>22017859
*favorite part of this shit

>>22017371
based retard

>>22017525
No, because it's fake. Source: the CDC itself ffs

Keeping watch on this. This will likely tell whether virus in October is:

1) A nothing burger
2) A BIG FUCKING DEAL

To digress,

Buy SHLL, VERY CLOSE to merger. 2x potential and HIGHER.

>>22017775
I'd fuck her if you know what I mean

>wake up
>roll over to get morning dopamine rush from green line going up
>markets closed
Fuck weekends

>>22015770
uuh people stopped using terms like conference call or meeting
they just say zoom call or zoom conference now
I wouldnt bet against that company right now, too much dumb money holding it up

holding through earnings:
SPWH
MOMO

WHAT THE FUCK WAS THAT

>>22017780
>Spanish flu
>Meme flu

>>22017890
All you need for home builders to get rekt is for people to actually want to sell their homes.
In order for tech to get rekt you need the funny money to stop, you need helicopter money to stop, and you need there to be industrials that can compete with the numbers, scale, and durability of tech.

>>22017426
>>22017945
FIGHT! FIGHT! FIGHT! FIGHT! FIGHT!

2 MAN ENTER 1 MAN LEAVE

>>22017958
That's what crypto were made for my good friend

>>22017945
>he actually believes the hoax
I don't understand "people" like you

>>22017981
what about the three gorges dam memery?

>>22018063
I feel as if i'm too late for that. I'd have to pick some shitcoin and hope it moons

>>22017981
Spanish flu was a meme flu a first. 50/50

Home Builders will not go down. The demand for homes will continue as people from LIBERAL shitholes move from apartments/condos to homes. On top of this, real estate prices are skyrocketing. More incentive to build new homes.

Zillow, NAIL and Home Depot are great holds.

>>22017981
> for people to actually want to sell their homes
Wouldn't that make stuff like NAIL and LL go up since people are buying things to renovate their new homes?

>>22018128
Not true. I throw whatever leftover money I have from trading into Ethereum over the weekend [if it looks relatively stable and positive] and make a few bucks. Right now I'm up ~4% which is WAY better than my credit union savings account rate of 0.25%

>>22017426
>muh science isn’t true
Fucking idiot

>>22018140

> Zillow is great hold
> 0% dividend yield
> negative net income

I'll pass

>the great covid controversy continues

fucking hell bros, who the fuck do i believe? i don't care about the politics i just don't want to die.

>>22018140
Actually makes sense: as more people work from home, and real estate in the big cities drops in value, demand for building homes in the countryside increases.
Not sure if NAIL is such a good idea though, since it could take a while since those stocks start to really rise, and a 3x leveraged ETF could lose quite a bit until then-

>>22018140
you're even dumber that the oil and tanker people

>>22018233
Oh lets see here....

1) They have a real estate website that's far superior than others
2) They're in a HOT sector in Real Estate
3) They buy and sell homes...at the best time to do so.

Also, having no dividends is a positive thing. They'll be at 100 by years end.

>>22017781
Is this a joke, oil iway undervalued so thjbking of buying into shit like BP, exxon.

>>22018330
Repeat after me:
They are not making money.

>>22016246
i dont give a shit about DDD, i just buy QQQ because they are the market and it's stupid not to have exposure to it

>>22018317
We're in a bubble anon. Anything that threatens it should be taken seriously. I'm just being cautious, we'll get our answer mid-October.

>>22018313
NAIL has so far very steadily trended upwards - I was holding some last month and was up 50% on it, sold to free up some money. It's definitely slower than other stuff but relatively reliable

>>22018374
Since when did that determine how well a stock would do in this clown market?

best funds for long term?

>>22017781
I'd wait with buying anything energy related until after the election. If Biden wins, it's quite likely he will invest in green energy and possibly hurt oil companies, Trump on the other hand is better for oil.

>>22018374
Yes, and a catalyst is changing that. That's why their stock is going up and up.

Real Estate is hot, and they're involved in it.

>>22018459
What are some energy stocks?

>>22018374
Did you just get out of a time machine from 1970?

>>22018459
ICLN will climb no matter what

>>22018526
I'm fine, keep investing in your bubble

https://www.youtube.com/watch?v=DVvmgjBL74w

anyone watch Melon's little science fair presentation?
remember this is one of the turds that drives their 1100x PE valuation

>>22018612
So much cringe.

By the way, why does Melon Tusk struggle so much to speak fluently?

>>22018638
Elon's most likely on the spectrum. His social skills are not the greatest. Very soft spoken.

>>22018583
Let me guess, you've been holding cash since March...hoping for a crash?

When’s the SHLL merger?

>>22018721
Soon. I heard in one youtube video that the merger is likely to happen September 14-30th. Can't find it for the life of me.

>>22018233
Join in anon, it's going to 100.

>>22018612
it's really not how i imagined elon musk to speak after i saw so many smug-looking images of him online
also that posture?

ARKK or ARKW?

>>22018612
It's as usual, he rebrands 20 uears old tech and pretends he invented it and it's a new paradigm shift. The apple business model exactly.

Does anyone know how to set a stop loss after selling a covered call? When the stock dumps, the stop loss would buy to close the contract and sell the 100 shares at the same time. Does this exist?

>>22019054
SOXL

Sometimes I remember that 2013 was 7 (almost 8) years ago and then that shit fucks me up for hours.

>>22019106
Most platforms don't allow that and it's really all up to the platform.
Eitherway, you might want to make it a naked call instead of dumping the whole thing. Or you can roll the call down for credit.

>>22019054
FNGU

>>22019201
there was a time where the 90's was the present and now it's over 20 years ago.

>>22019054
I don't think the difference between the two is that big if you compare their past performance.
Personally, I have some money invested in ARKW, but I don't think it matters that much.

>>22016743
Options aren't retarded you mongoloid. They're for hedging, people are just trying to use them as slot machines though.

>>22019093
How are people STILL this fucking salty about Elon/Tesla etc. after all the big brain companies have still failed to demonstrate an equal aptitude? People want to say "OH U BETTER LOOK OUT, FORD JUST INVESTED IN AN ALL ELECTRIC F150 WHEW BOY" and then you read the fine print and it says they won't even be building them until next year at the earliest. Elon, whether you like him or not, is pushing these companies further and faster than the legacy zombies because he isn't a typical boomer fuck

>>22019311
9/11 is almost 20 years ago....

Soon this Pandemic will pass....Probably be remembered as the most traumatic event to happen in US history since WWII.

Thought I would never see Oil @ -37 in my lifetime....

>>22019433
the problem is tesla makes no fucking money (yet)

>>22016103
(((gold underperforms)))) Holy fuck do not listen to this man
Listen dont be an idiot and max out cards or take all your investing into gold or silver, but buy some for hedge and safekeeping. Im mostly stocks and crypto but always buy a few coins of gold and silver every month.
My father has estimated that he has made over 3 million his life by trading the swings of metals by buying a little every month. Just dont hold onto your gold or silver unless you want generational wealth. Gold and silver have been a currency for the world for over 10s of thousands of years and silver is running out, the usd on no gold standard has been what, 50 years. dont listen to the bankers or (((them))) buy a little.

What is the best way to long short commercial real estate?

>>22019468
In Germany buying gold is shilled in the (((media))). That make me believe it reached its top.

>>22019518
same

My 2600 tesla call is now 5 520 calls

Second week sober and I feel pretty good. Slowly weaning myself off some addictions. I'll probably never give up stocks, though.

>>22019433
Lmao butthurt
>Other companies don't have the ability!!1
>Except shit's been done for decades already and only reason people aren't in on it is because they're moneysinks only viable with infinite government and goyim funding
>This means muskrat, who failed all his ventures and keeps being kicked out of his own companies, instead buying out existing companies and pretending he founded them, is clearly a genius
>Just like steve jobs

>>22019518
>>22019529
Yeah its normie now but if you think theres no inflation coming then sell at profit and wait for next cycle, my father sold his against me saying not too. We will see in the next year or two what the price will become but its very easy to trade it in cycles and it always the safest hedge. How many stock markets have there been and fiat currencies.Inflation follows the same path in modern history, people flood there national stock market then to metals to safeguard. It is always there as the safest hedge. I only put a few hundred a month into it.

I've been getting my feet wet with options by selling cash secured puts the last couple of weeks. I made $40 per week on $20,000 collateral.

Should I make use of my margin and sell naked puts, too?

I'm never going to financially recover from this

>>22017952
i want to get 25 but it makes me suspicious how close SHLL sounds to shill

>>22019965
Reward outweighs the risk.

Hyliion will be 90, just like NKLA did.

>>22018638
>>22018919
>>22019093

That's how they made fun of Bill Gates in the early 90s. The era of the shiny shoes salesman and television anchor is long gone. GIT GUD

>>22017952
ok I will bite, Shill me on SHLL and I will throw 1000$ bucks at it.

>>22019225
I’m honestly too much of a pussy for naked and spreads right now but should probably just dive in

>>22020167
You see about the WeissLaw LLP fraud investigation with the merger?

>>22019518
No, that just means the hype of buying in is increasing to insane levels. Bitcoin as an example got shilled like fucking crazy after it breached 10k for the first time, everyone was talking about it and it was in the 10-20k range every boomer started buying in considering most people "somehow" lost money when it went from 20k to 9k in less than 2 months. That's why you should secure profits on the way up so a dump doesn't matter to you even remotely, not just sit on it with a "buy and hold" mentality like some sort of retard

>>22019690
Get the hell out of options trading. It's a great way to get burned. The only options trading I would ever do is sell covered calls.

>>22019518
>>22019529

It is weird, I was just watching a video on this topic of why in europe gold is being shilled, but NA its not even a whisper.

Probably because NA has more of a vested interest in maintaining US power via reserve currency, while europe has a lot of inclination to adopt PM backed currencies.

>>22016140
Just look at the Bedouins. They live in huge houses of like 30-50 people out in the desert

>>22019433
>>22020219
delusional muskbro spotted
his shitty RC cars are losing market share in china
they arent even in the top 10 race for autonomous driving, also no Lidars
every car manufacturer will sell shitty RC cars because they begrudgingly have to, not next year, now, examples Volvo, VW, Porsche, Nio, BYD, Xpeng etc
there is nothing special about a Tesla, their production quality is way worse than their competition
>muh disruption
there wont be any, not from their auto or solar branch or neuromeme or tunnels or their whack ass rockets
Tesla's valuation literally is just silicon valley tech bros jerking eachother off over some futuristic fantasy world they think will materialize right around the corner, but will actually take us centuries to get there (and it wont be pleasant for most people)

what the hell is market ear saying here

>>22020627
follow up wth

>>22020293
Why? I only sell.

>>22020277
Yes, I'm aware.

It's not something I'm too concerned with. Investors thought of the same thing as SHLL went from -5% yesterday to closing gaining from yesterday.

Trust me, it'll 2x. Only thing stopping it is the merger failing, which is extremely rare.

They'll announce more deals just like NKLA...but unlike NKLA, they actually have products already out and a fantastic management team. On top of this, there's natural gas infrastructure already in place in businesses like UPS and Amazon. I'll actually hold onto this stock as Hyliion seems to be a good #2 to Tesla.

>>22019684
Jobs had to be bailed out by gates because apple was going under

>>22020615

>>22020293
>The only options trading I would ever do is sell covered calls.
do cash covered puts too since it's also ow-risk strategy. It's basically getting paid to set up limit buys

>Gold gonna blast up on the open
Comfy

I finally saved my mental goal where i can start investing. I have 5k and want to throw half into risky stocks that still havent recovered from the March hysteria, and half into something really safe.

Any suggestions? preferably not stocks at their all time high

AUY

now is the time for CRM calls, no?

Resposting
Just finished watching Boiler Room and The Big Short. Thanks to the anons that recommended them a couple days ago. The Big Short is probably the best financial movie I have ever seen. I've watched The Wolf of Wall Street, Margin Call, Boiler Room, and The Big Short. Anyone got any other good finance related movies?

>>22020847
Risky(ish):
Disney
Royal Caribbean (safest of the cruise line companies)

Safe:
Home Depot

>>22020734
>some boomer retard working for the old media wants to protect his industry

everyone with half a brain saw the importance of the internet
just as we can see now how Melonhead is running the biggest scam since Enron

>>22020734
He's still right on the cd-rom and government part still. For now.

>>22020926
Wall Street
Enron: The Smartest Guys in the Room

I went to a college that focused on business, and my whole freshman class had to watch Enron in the auditorium during first week. About eight years ago exactly.

>>22020926
Princes of the Yen
>>>/wsg/3603334

A reminder

>>22020847
>preferably not stocks at their all time high
the winners are always at their ATH you idiot
put half into QQQ or even TQQQ because your "smart money" pick might not even outperform the market.

heck I'm very bullish on TSMC but I still put a good portion into QQQ just in case TSMC decides to keep going sideways

>>22020926
Nope, cant...think of a single....BASED financial movie....

Uh...guys? Am i gonna be ok?

>>22020926
Moneyball is my fav. It has Brad Pitt too.

>>22020926
Princes of the Yen (docu)
Enron: smartest guys in the room
The Wizard of Lies (Madoff)
Bad Banks (german)

>>22020926
Have you seen the original "The Wolf of Wall Street" a.k.a Wall Street? I hope you don't watch them for knowledge though, it's purely for entertainment anon

>>22021082
holy shit AAPL is $124 now so cheap! Time to buy the DIP aaaaaaaaaaaaa

you'll be fine long-term. Apple Silicon and 5G are your catalysts in the near future. They're getting their chips produced from TSMC and they've poached genius engineers from other tech companies including Intel so there's nothing to worry about Apple Silicon since they're practically guaranteed to outperform Intel's chips (Intel will take awhile to redesign their chips to fit TSMC's process if they want to compete with both Apple and AMD because their own foundries are years behind now). 5G i'm not sure, quite mixed on how demand has changed with corona. Sure tech is up in general, but look at something like MU which is suffering a bit right now.

Any upcoming IPO chads? What are you excited for? I'm looking at snowflake, unity, palantir and maybe asana. What are you guys looking forward to?

>>22021018
>stein

>>22021196
Robinhood and doordash

apple is 500$ now
after the split it will be worth 125$

that means apple stock will go down 375$
yea Im shorting apple lol

why has nobody figured that out yet? it can not go tits up

>>22021196
Coinbase

>>22021342
you son of a bitch

>>22021342
Damn, you figured it out.. you figured it all out

Kek. Iphone sales will fly this winter due to the 5G support. Gotta have that fat data pipe you know. How else will you watch your 8k videos and conduct your 4k video chats? Or else due to the simple fact "it's there"...

>>22015841
>>22015875
Id never use either of these except in a very vague sense. I recommend inventing your own economics systems and using those privately.

>>22021196
just buy APPL bro

>mfw holding only ETF and cash in case of larger drops in the market
Feels peace of mind man

>>22018108
>we're going to shut down operations across the whole globe...
>for 3 months...

At this point having an opinion in either direction makes you a retard.

Rate my portfolio, frens. 40% AAPL, 20% AMZN, 13% BABA, 6% TSM, 21% euros (cash is trash, but I want to keep some just in case). Am I going to make it?

>>22016834
Same bro, I just bought back at 145 and said fuck it.

>>22020662
To sell calls at +5% over current pricing because premiums are higher and volatility is up. Presumably weeklies.

>>22021717
No TQQQ

Ngmi

>>22021676
Without coronavirus there would be mass brawls and violence at political events across usa now.

Every trump event in a blue city would have attacks on trump supporters and probably over the months at least one mass casualty event. Coronavirus might have stabilized usa more than it destabilized

Firefox broke their mobile browser and i'm mad about it. Why do tech companies do this? Hey we see you like our thing, let's hamstring the good parts and give you a bunch of crap you didn't ask for and don't want!

>>22019433
>How are people STILL this fucking salty about Elon/Tesla etc
Because he made it despite having the social skills of your average incel coomer 4chan dweller.

>>22021791
Thanks for outing yourself a schizophrenic.

how much AAPL do you own right now?

when do you plan on selling it?

>>22021767
I started to sell calls Fri after restraining for a long time. No concrete reason but it seemed a good moment since the otm I eyed doubled on fri.

IV feels imho a little high on calls right now and if the market rallies 8%+ in two weeks well fuck

>>22021832
Not a schizophrenic. Last election in certain cities there was violence against trump rallies. CA for instnace.

I think this year it would have amped up.

>>22021791
I don't think corona chan is a factor in the civil unrest anymore. Nobody with desire to participate in the circus is staying home because birus. If anything it made the initial worse as there were lots of newly unemployed with nothing to do at the time.

>>22021881
Yes but no big political rallies are taking place. The scope is smaller.

>>22021799
I read about their changes on ycombinator, iirc, and turned off auto updates so I managed to dodge it. But I have a feeling the internet is about to get much worse. Google is pushing a new content delivery system that makes it difficult for end users to dismantle the incoming information. Basically it's as if ads are coming from the first-party server. And I'm getting ads on pornhub and xvides with uBlock and Matrix...

Hope youre ready for another week of clover green dildos rocket launching into your face

>>22021595
honestly youre probably right. i invest in IPOs because i feel like i missed all moon missions (AAPL, TSLA, NVDA, etc.) so i want to get on the ground floor on smoething but i wouldnt be surprised in AAPL pumps back to $300/sh in a few weeks. ill look into buying some if theres a dip next week. thanks

>>22021966
Some anon on here already confirmed that AAPL will dump 30-40% over the next few weeks. Fucking sucks because I have 600 AAPL.

>>22021912
>Google is pushing a new content delivery system that makes it difficult for end users to dismantle the incoming information. Basically it's as if ads are coming from the first-party server
That's just a challenge for the /g/ crew to tackle. Internet finds a way.

>>22019942
good news guys, turns out i financially recovered from this. phew, that was a close one!

>>22022021
Well technically Apple already has dumped; Going from 500 down to 125 certainly qualifies as a "dump" don't it?. Nowhere to go but up..

>>22022021
>AAPL losing almost half it's total value

lmao, no.

Is it too late to into WMT. Bought 35 shares last week with the intent of dcaing up to 100 for comfy slow gains and covered call selling but it went up like 8% in two days which spooked me a little. Basically, are they really a competitor for Amazon or will they revert to the mean and just cruise sideways at some point?

>>22020997
>>22021006
>>22021084
>>22021085
Thanks guy adding to watchlist.
>>22021189
No I haven't so I'll give it a watch. Ya I watch them for entertainment, I don't plan on moving to New York and becoming a broker lmao. There are some small tidbits of information/history in each movie that I can now appreciate.

>>22022021
>Some anon on here already confirmed that AAPL will dump 30-40% over the next few weeks.
You have a curious idea about the extent to which anyone can predict price action. Apple is certainly overbought but its behaviour in and from that state remains to be seen.

Guys, how and when do I go about buying Palantir. This is the first IPO I've ever been interested in participating in.

>>22021666
Based Satanic Portfolio

>>22022021
>Some anon on here already confirmed
Lol

>set a sell order up on AAPL to sell it at its price pre-split
>set a sell order up on TSLA to sell it at its price pre-split

i'll let you guys know if any whale ends up fucking up and fat fingering a market order tomorrow.

>>22021966
>>22021196
recent IPOs and failed IPOs werent going that hot on average (uber, lyft come to mind), then there was silly hyped up shit like Beyond Meat and Lemonade
this shit seems like black magic to me and I wouldnt even know where to start to figure out some of the fundamentals to guide my decision to buy
probably gonna throw some money at Palantir irregardless of that, cuz Thiel/Israel-first

It's been a great weekend thanks to bitcoin games, I'm definitely not stressing on anything, I'm just chilling and enjoying the day as it goes by

>heavy breathing

>>22022269
They admitted to not being profitable already, so I'd wait for first earnings to see where they're at.

>>22022021
>the super rich are going to sell off hundreds of billions of dollars of big tech to buy treasuries and gold during a historic melt-up of assets with no end in sight

Yeah, ok

>>22022352
nice
good vibes bro
futures open soon

Why are international stock trading fees so confiscatory? I've been thinking of buying Canadian REITs, but the fees on Fidelity are insane. What brokerage do you guys use?

>>22022357
TSLA isn't profitable either and look at them.

My body is ready

>>22022402
you just can't buy international stocks
only buy stuff with no fees unless you are swinging enough cash around that the fees are <0.2% of the trade

>>22022412
show me the hype or cult status on palantir

If Apple goes down tomorrow I'm gonna cry

>>22022269
>>22022357
>>22022412
Here is their S-1 if you're interested. Has their audited 2018 and 2019 financials.

https://www.sec.gov/Archives/edgar/data/1321655/000119312520230013/d904406ds1.htm

>>22022054
lmao
hey do you actually use ToS mobile much? i feel like i an only do anything from the desktop for tos/tda. unironically thinking of going back to robinhood.

>>22022465
Not worth it then. $19 CAD commission fees are ridiculous. I'll just stick with US exchanges.

>>22022490
Thanks bud

>>22022469
Retards don't keep up with government contracting deals. Palantir by it's very nature excludes TSLA supporters

BVLL BVLL BVLL!!

>>22022369
No one really criticizes FDR enough.

>>22021584
This is basic economics though

Current Shiller PE Ratio: 32.28
Mean: 16.73
Median: 15.79
Min: 4.78 (Dec 1920)
Max: 44.19 (Dec 1999)

>this is fine

>>22022500
i use it when im trading at work, it's also useful if the desktop version is down like it was a couple of times recently.

>>22022412
Not trying to shit on palantir as I want to throw them some shekels, It just seems like a decent course of action to wait for earnings. Surely being listed can change up the dynamic of a company a little at least at the managerial level.

Where does TSLA close out this week bros

>>22022652
Back to $2000

>>22022469
I would be terrified if palantir had a large, Zoomer cult following.

>>22022560

>>22022652
$500

Is there literally any reason to not just keep holding half-FNGU and half-TQQQ, for at least a few more weeks?

>>22022369
Also, a reminder that the fed is the largest "investor" in the world by far pretty much across all sectors. The market won't dump much without them selling (which they won't do, at least for now) and even if some big boys would start selling followed by a bunch of normal people, the fed would just keep on buying through the massive institutions. Corrections will always happen in the market, but we won't see a 30-40% dump again without a nuke going off or something

So the Bank of Jamaica has an interesting way of making announcements

https://twitter.com/CentralBankJA/status/1299127633364557826

>>22022560
I was onboard for Boeing but I'm out now

>>22022844
Wut?

>>22022652
It will finally crash. Only zoomers who have never read financial statements buy TSLA.

>>22022021
it will dump in short-term but you'd be a fool to think it will ever go back to pre-split prices unless it's because the whole market is crashing again

>>22022973
>the dog takes it
KEK

>>22022981
>ever
These are the people I am asking for input...

>>22022844
How do they not lose faith in the banks with shit like this?

>>22023058
>no you
do you think AAPL is a overspeculated company like TSLA or something?

>>22023095
Do Jamaicans have faith in their banks to begin with?

>>22023156
Do jamaicans even have money to begin with?

>>22023222
What the fuck is a jamaica?

>>22023108
At these PE ratios to justify the current valuation I wouldn't expect much growth until they've come back to pre-covid levels of PE ratios to justify the price.
Where I think the price will hover around 120-130 until earnings are up to standard again

I tried to make sunny side up eggs but i fucked it all up

>>22023260
ASK YOUR BROKER NOOB

>>22022776
The Fed is buying bonds, not equities. Their ETFs are centered around bonds. And just because they're offering liquidity doesn't mean the businesses in the short term are actually going to benefit. We're talking multiplying and supporting zombies, shit that won't recover but will carry on in the meanwhile before they have to find new creditors to pay the old ones off. If we're lucky those prices get pinned. In any case the shareholders are the first to get fucked, and bonds take precedence in default. Only the treasury can currently backstop equities failures.

>>22022667
You should hear the retards that defend automation sans wage protection. They're absolutely content with the idea of removing millions of jobs and siphoning all that money into C-suite pockets without any benefit to the consumer and will argue tooth and claw that people demanding stabilizing policies are eschewing technological advancement. Surely those same idiots are capable of engendering the same sentiment towards big data and AI to "prevent" crime.

Why is every other thread on this board so fucking retarded? Are there really only 1-200 4chan users that invest in stocks?

I think apple will continue to go up and people tryin got explain why they this it should go down will continue to seethe as always

5 hours left Anons

>>22023357
For what?

>>22023270
>PE ratios
are you for real? Even if we set aside the fact that you shouldn't be using PE ratios as an indicator for future growth, PE ratio is still similar to MSFT's what are you even using that as an argument? You should not be value picking these tech stocks with PE ratios when their earnings grow much faster than traditional sectors. At least use the fact that their earnings haven't grown that significantly if that's what your concerned about. Buying into AAPL now would be speculating into their potential success with how they're designing their own chips now (partnered with TSMC) and also 5G.

next, you'll tell me you'll buy INTC just because their PE ratios are so low. (though to be fair, INTC would have been a great value by now if it had kept dipping without the wasteful share buyback, 10 billion wasted just to keep the stock price artificially high)

>>22023260
Google it for yourself next time, retard

https://www.investopedia.com/terms/j/jamaica.asp

>>22023326
hmmm good point

>>22023408
futures trading

>>22023309
/biz/ was originally created as a containment board for crypto shit that was rampant in /g/
we're the odd ones here.

You think it's worth buying BRK.B and JPM? Neither has fully recovered from March yet.

>>22023292
just like you fucked up your life

>>22023606
I have 85 shares of apele atleast

bake

When tsm stop crab???
Pls resbond

i love stonks I am waaaaaaay up and get cosplay more <3

>>22023586
No. According to jamaica's inflationary metric in times of extreme inflationary spirals investors tend to flee to ever growing and appreciating assets such as tech companies (Apple, Microsoft, etc.), commodities (gold, silver, etc.) and cryprocurriences. In these times value investment is considered to be a poor choice, as such an investment provides investors with low ROI since it does not outpaces the inflation

>>22023672
Q3 or Q4 earnings, whenever Intel's orders actually start with the expectations that they paid a hefty premium to reserve 180,000+ orders out of nowhere. But considering that Intel only started outsourcing to TSMC relatively recently, they probably don't have any chip designs finalized to TSMC's processes yet. It didn't really pump with the symposium news despite how good it was (good prospects beyond 3nm which no one else can claim, 5nm yields better than 7nm). Keep in mind that Samsung cannot even do volume production with 5nm right now yet they're trying to skip to 3nm.

I've been averaging up on TSMC around $80 recently, but I keep my exposure to QQQ because it will probably underperform compared to QQQ anyways. That said, I feel safer having more of my money in TSMC than in QQQ (because i actually understand semiconductors but not megacap tech).

>>22023939
Get in before this bread gets moldy

>>22023414
>Don't use the PE ratio

I never said you should use it as a sole thing to determine to buy or not just take it into consideration with other factors as well as a super high PE ratio needs a very high earnings growth to justify its current price, also just compare it to similar companies.

>>22023586
I am a gambling addict so I put my HSA money into BRK.B because I'm healthy and have a lot in savings and don't need to dip into my HSA yet.
It went up by 2% in like a week. Weekends are my moments of clarity, so I think tomorrow I'll sell and let it sit as cash, the safe (if weak) choice.

>>22024143
yeah. like I'll use PE ratios to stay away from overspeculated shit with 1000+ PE ratios (i mean what can grow that fast anyways?), but AAPL is just not the company to be using the PE ratio argument on. It's only ~37 right now. If we're in a bubble, then it's only just beginning.

>>22023916
TSM might honestly be perfect for my mean reversion strategy instead of AMD, idk yet. they're like a better version of Gold. they crab because they're solid as a rock fundamentally but don't really have any hype catalysts any time soon or any new hype products or any sort of cult status like TSLA, AAPL, AMD, etc. so i might start buying 2+ StdDev on a rolling 5 day period on them and selling half at the mean with the ultimate target being 2 StdDev above the mean.

they're basically not going to be under any crazy speculation any time soon but they're also basically guaranteed not to ever dump too much due to their fundamentals and importance to the semiconductor industry. let me know if im wrong on any of this shit btw before i start mean reversion trading them alongside AMD. when is their Q3 earnings scheduled for btw? around that time i might build up a final dip buying position and hold through it and sell after before beginning the process again, same for Q4.