/biz/ - Business & Finance

delete this

Dubs for bears.

These are the best days for opportunity. Cherish them.

spy 340 EOD checkem

Be safe, be smart, invest in Walmart!

I lost 70% of my portfolio in 2 days. Taking out a loan to go all into this dip, if this doesnt work i will kill myself in 2 weeks.

Third for inverse ETF

Going to buy AAPL tomorrow and start selling covered calls.

>>22196052
forgot the image CHECK THESE

For you TSLA bagholders right now. There are 6 MILLION shares at stake with the 400p expiring tomorrow. These puts were not bought by retail (they only bought calls) and were likely hedges by the banks that gave Elon money for the share dilution.
If the price goes above 400 and there is a battle near that line, that is a sign to get the hell out because these banks do not want those shares. If the price dives below 400 it COULD be a good sign for you provided it doesn't outpace the overall market again.

>>22196067
Based

>>22196069
Wait till Tuesday.

>>22196080
Lad, the only way is DOWN

Hold don't sell, chance we recover tomorrow. trust the fed. they want a happy boomer population into labor day.

>>22196080
The 69.69 prophecy might come true.

>>22196117
Finally someone talking sense.

>can't wait for market to open
>still reminded that it's a bobo's day

>>22196117
I thought boomers want the crash cause they've been sidelined and want in, also MUH FUNDAMENTALS

Should I just go all in on VEQT? I don't like gambling.

>>22196067
You obviously don't know what you're doing.

Put the remaining 30% into SPY + QQQ and walk away.

>>22196149
Let the man gamble damnit!

>>22196149
im flipping coins on stonks idiot

JUST what's the point of iron hands if I get btfo'd in a single day after holding through a shaky up move on stocks?

>>22196116
>When you sold on Tuesday

>>22196108
Whats on Tuesday? You think it will be even lower?
Pretty sure it will dump big Friday since its a 3 day weekend.

https://www.biorxiv.org/content/10.1101/2020.08.25.265561v1.full-text

This is the fucking end, boys.

Not sure if anyone uses TQQQ Yes/No but their call for today is HOLD.

I'm about to fire up the grill at 2am. I'm making dogs, kielbasa, and burgers. Do any of you anons want a late night snack?

>>22196188
just keep iron handing

>>22196220
I miss him so much, lads...

dubs say tomorrow is green

>>22196188
Iron hands is a meme. Nothing wrong with cutting your losses and re-entering later. The sunk cost fallacy is real. But futures aren't down enough right now so we'll see.

>>22196188
because you need to look on a longer time scale than a few months. and dont sell unless there a corona 2.0 or 2008 GFC 2.0

Will my AAPL calls be okay bros

GME $8c 1/15/21 gonna make me rich or make me sad?

>>22196223
>TQQQ Yes/No
Wheres the link for this again? Thank you anon.

>>22196266
Cause the big boys that made billions today are asleep. Futures don't mean jack shit till about an hour before open.

>>22196283
yes. if they are past 1/10/2021

What the heck SOXL dumped to about the price I got them a few weeks ago but sold for a gain cause they're too expensive to own hundred shares off. Small gain couldve been vigger but Id likely have held and been btfo'd.

>>22195820
Most of my portfolio is Apple shares.

>>22196226

Can you throw on a patty for me? Make it bloody

>>22196273
Corona 1.0 finna obliterate see:
>>22196220

>>22196215
What you said, dump for another day for 10% then enter correction to go back in.

>>22196226
Any seafood?

>>22196296
>>22196223
Also, how does this formula work?

>>22196188
one day is a blip, think 2 decades

>danger of tsla bubble burst
oh lord

>>22196220
I have no idea how to read any of this.
But have no fear, KODK is on the case! :^)

>>22195993
Theme song for all my bulls ironhand holding their tech stonks tomorrow

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

>>22196317
I got you with all the fix'ens.
>>22196323
Bacon wrapped shrimp skewers anon.

In case anyone is still being a little bitch about TQQQ, reminder that the nasdaq fell around 32% in the march crash, which naysayers would have you believe would make your TQQQ worthless. Well, look at TQQQ today
A 33% in QQQ in a single day is effectively impossible thanks to circuit breakers

That was a fun drop! I can't wait until we get under 3k! What are you all going to do with your gains from being bearish? I might use my gains from puts on TSLA to buy a Tesla

>>22196402
>A 33% in QQQ in a single day is effectively impossible thanks to circuit breakers
Right, just takes a few days

>>22196226
Just throw a hotdog for me, sport.

I'll bring the 24 pack of natties

Here's a song for all you bull chads buying TQQQ calls tomorrow like me.
https://music.youtube.com/watch?v=lw3iCVeTe30&feature=share me tomorrow.

>>22196116
Won’t be touching that shit with a stick until it’s below 300 (1500 pre split).

Who else is bagholding their TQQQ through 2021

>>22196358
It destroys the fibrous structure of the muscle cells of the heart, and ejects the nucleus from them, effectively destroying them functionally. This has been confirmed in real life and in petri dishes with cultivated heart cells. This damage is thought to be permanent. It was initially evidenced by downstream assays showing heart tissue damage, further studied to this conclusion.

>>22196422
And that literally happened and TQQQ is worth more than ever. Stay poor

>>22196077
Chej'd and kej'd

>>22196116
I think $250 is going to be the support for tesla for like a day, go up $5...then it will plummet to $150 desu.

The vaporware meme is over

>>22196477
>Stay poor
Thanks, you too.

>>22196462
Touch it with inverse ETFs

>>22196484
i got a free ride violation just for tesla to dump.
Not worth it

>>22196491
But im long TQQQ, im fine

Here's to a green Friday fellas.

I’m going to lose all my money aren’t I

My brain is very small, someone explain options to me so I can become a millionaire please

>>22196524
Thats not anime or stocks, but still pretty sexy desu

>>22196539
We all are!

>>22196524
>propane
ngmi also disgusting

does anyone here also invest in crypto? Or can share some advice on what's required to get started? Ideally a decent resource where I can go and learn about the basics would be much appreciated

>>22196524
That looks so comfy right now, desu~

>>22196226
2 kabobs

>>22196223
Xiv says hold as well. QQQ remains announce the 200 day SMA. It's not a sell for me yet.

>>22196554
Over Half the board became poor today on option calls.

Its a gamble at best imo.

But if you want to learn, get the basics on calls, puts and of course familiarize yourself with the Greeks.

>>22196566
Just buy Chainlink

Man I love American

Dubs decides where I put my $100 in RH

>>22196539
even if theres a huge crash like the niggers here are saying then just hold it only takes a couple of months to recover

>>22196554
only learn covered calls.

>>22196226
burger please. make sure to add garlic,seasoned salt, pepper, and paparika, also shit better be on a charcoal grill

>>22196539
Only if you bought Tesla desu

All other companies that took it up the ass today are making profit, have a product, a consistent business plan rather than just throwing meme vaporware ideas that won't be profitable in decades if ever.

We'll all eventually recover

>>22196569
Muslims aren't allowed at my barbecue.
>>22196662
Sorry anon it's propane I'm an alcoholic that smokes, I can't afford any more carcinogens.

>>22196566
I swing $100 worth of Bitcoin on the weekends for funsies. My strategy is literally: "Line go down, maybe go up soon? Buy. Line go up, maybe go down now? Sell." I haven't lost money in over a month.

>>22196677
we better it sucks being at 3 weeks ago levels

There is no shame in selling so you can reevaluate later anons. The trend is your friend

Close your shorts tomorrow. Once weeklies expire, they’res going to be. A massive squeeze back up

>>22196692
damnit anon well a burger is a burger just hope it doesn't taste like gas

>AAPL
>NET
>MSFT
>NVDA
How long am I going to be holding these bags?

>>22196707
I Sold my whole stack today. Waiting for a re-entry

>>22196662
>charcoal...in my neighborhood???

Charcoal is for faggits, commies and tesla bag holders desu

>>22196524
Thank you based boomer

>>22196729
>bags
did you just buy last week you zoomer

>>22196524
>it's real
Madlad, absolutely post pics once cooked. I don't even care I'm hungry as fuck right now.

>>22196736
charcoal gives the rich smokey flavor especially if you're using applewood propane cucks wouldn't understand

>>22196716
It won't if you buy WMT.

>>22196751
Maybe he bought yesterday

>>22196524
>grillin' at 2 in the morning on a friday
Can't get much more boomer than this

>>22196765
i'll think about it

>>22196773
I'm 33 I've accepted my fate.

>>22196566
>>22196606
>>22196699

Get your zoomer chinese number muncher mlm slot machines out of /smg/.

Shit breathed slack jawed faggots wouldnt know money if it fucked their fathers. Fuckin coomers.

>>22196524
Anon may I please have a burger? And thank you for offering :^)

>>22196554
In the case of calls:
You pay a variable sum to control 100 shares of a given company with the expectation that the price of your underlying will go up (there's also IV which can drive up premiums prices). The further away your estimated price (strike) is from the underlying, the cheaper the option is, assuming it isn't ITM, if it is ITM you'll pay a marginal premium, but you can exercise the option to guarantee your purchase price. There's some weird voodoo shit there.

Back to OTM calls: if it's super far away it's super unlikely to hit, meaning you pay a very small premium for those shares, like $10 to control $1000 worth of assets. This is called leverage. As the underlying approaches the strike price it becomes increasingly likely to reach strike, and so the intrinsic value of the call increases. As it goes above strike you're now in control of whatever the asset is worth, and where ever that asset might go with IV factored in for a slightly higher than face value premium depending on the pricing conditions you bought it under. That is to say, however many calls multiplied by 100, multiplied by the value of the underlying plus option value.

Trick is, they expire worthless, the seller collects premium and you lose your cost basis.

Inverse for put. Puts are used to insure held stocks or for arbitrage.

>>22196751
I’m red on everything except NVDA.

>>22196554
You're betting on time, direction, and the rate of price change. Very risky, but the profits can be enormous.

Don't do covered calls. You'll only make pennies. Downside risk is too high to be worth it.

Best time to buy options is when IV is low.

Buying high IV options is pure gambling.

Does anyone /g/ enough to know what the hell just went on with NVDA and AMD? Did they both have great news? Is AMD gaining any credibility as a nvda competitor?

>>22196809
I'll give you two for being polite. Just make sure to buy WMT in the morning :^)

Is TQQQ headed for the shitter? I sold today

TODAY WILL BE GREEN.

>>22196869
so long as you didn't sell at a big loss it'll probably be okay
if we circuit breaker, fucking anything could happen

>>22196869
Few anons here will a billion dollar will go in and nobody else. It'll rocket tomorrow.

>>22196852
Massively up and arguably “overvalued”, Tesla dump made people fearful so they took profits too

>>22196852
NVDA just announced their new cards and AMD chips have been getting more popular in pc builds
They dumped hard today along with the rest of the market but they'll be back up soon enough

>>22196755
Here's the first batch, burgers and shrimp go on next.

how do i cope

>>22196929
What are you gonna have it with? Ketchup, onions, and mayo?

>>22196566
No, fuck off. There are hundreds of threads about this trash on /biz/, why do you want to have this discussion here.

Man. I am reminded why I hate trading silver. This late night tomfoolery is hard on the heart. Just in the last several hours it has covered a range of 1.5%, all with the dollar doing fuck all nothing. I keep trading it because I have a really high success rate at it for reasons I cannot articulate.

>>22196954
Niggers don't get to @ me

thawlts on WKHS?
Zoomer Youtube stock, but looks decent at $17.

>>22196929
hmm dont mind if I do

>>22196952
shotgun to the mouth

>>22196952
Depends. If you hold something like Amazon, it will be back up in a few days. If you hold Apple and Tesla and you bought the top, you might as well neck yourself. The bubble has popped, these prices won’t be reached again in a long time, not that long for Apple, but Tesla Hype is definitely over.

>>22196952
Experience such that you don't feel the feels as acutely anymore. And strategy. Have a strategy. Stick to it. Be confident in it because you have tested it and proven it works.

>>22196736
Only faggots that can’t cook use propane

>>22196929
How late is it where you’re at, bud?

>>22195993
I bought 9/18 $435c TSLA how fugged am I bros?

>>22196983
Im probably gonna put one or two of those up my butt before I serve them. Just wanted to give you a heads up.

>>22196952
Next time wait for the massive wall of pink wojaks before buying

>>22196963
The Gold Silver ratio was extremely high when everything popped off. There might not be much room on the upside, but I did well with a silver long and gold short to try to capture the reversion to a historical mean. If you're truly bullish on silver, try that

>>22197000
2:43am

>>22196952
by admitting to yourself:
- you have no special knowledge
- you're a kind of an idiot sometimes, compulsive, irrational
- there's no tangible reason why you should expect to beat the market
And going all in VTSAX.

>>22196929

isn't it like 1am in us of a?

>>22196952
Eat comfort food, why do you think that anon's eating so late.

>>22197000
Think he said 2am, probably closer to 3 now.

>>22196952
What did you buy?

>>22196952
You sneed

>>22197039
>yeschad.png
Do none of you just do random cooking late at night,m

>>22197020
This isn't so much about the gold/silver ratio. This time it's about weakness in the dollar. Anyway,

ORANGE LINE IS LAVA. DO NOT STEP ON ORANGE LINE. DO NOT DIVE IN TO LAVA.

I want it to be tomorrow, just so I know, just so I know if we're fucked or not

>>22197030
absolute mad man. I’m perma cucked by neighbors. would get a few complaints if I fired up the grill.

How big of a bloodbath are we expecting today?

Last thing, the first anon to (you) me get stage beat hotdog of the bunch and I'll post a pic.

>>22197065
I'm dying inside

>>22197084
(You)

>>22197079
I live in the middle of nowhere and my neighbors are militant Trump supporters. We all mind our own business.

>>22197081
Seems like Tesla will drag us down again. I'm in cash right now, might buy puts if pre market signals another shitshow.

>>22197081
Crab into weekend with shenanigans in the last 30 minutes. Short squeeze on Tuesday. If not, I hope you have been accumulating pink wojacks.

>>22197102
You ever try BBQ parrot?

>>22197101
Cumming right up anon, I'll (you) this same post with the best hotdog of the bunch. Congrats!

>>22197081
My ass says gap down pump up. But it may depend on job numbers coming out today, to some degree. Market could rebound if those come in better than expected. Or dump if worse. Or do whatever the fuck if they're neutral. Or ignore them and do whatever regardless.

>>22197144
You better stick it up your ass before you take a picture of it like you promised that other anon

>>22196982
So, they have tailwinds from both parties. They're a US based company, so Republicans have an interest in pushing them - and LMT (LMT shares their factory, WKHS has a 10% stake, +1% of all debt/equity) has been shown twice with administrative figures. Trump's cutesy little reel, and Pence showed up there. It's a ZEV so they're most beloved by the DNC. They're one of 3 bidders for the USPS contract, the other two are offering only ICE options.

There's a bill in right now, "Moving Forward Act" the most recent revision, page 2000, indicates strong interest in adopting ZEVs for the postal service. In that same bill their goals (I can't remember specifically) align with the bid, and won't be met otherwise.

They have shitloads of subsidies from state governments, and the federal government. There is currently a memorandum of understanding signed by 15 states to electrify municipal transportation, modeled after California's which is EXTENSIVELY funded.

They won't receive the full contract, though, due to operations in inclement weather, a large portion of the northern US won't be practically serviceable (not that that really matters?). This is due to range limitations in cold and extreme cold especially.

They'll have the lowest operating cost, which is a big deal for USPS, after they bite the bullet cutting $.60 off your mile cost is huge. No need for idling either.

>>22197101
I'm sorry anon, I couldn't get hard for the pic because I've had 12 beers and smoked 2 joints, but I hope you choke I. It faggot hahahahaha!

>>22197168
just want to point out you're talking about Lordstown Motors but because you're abbreviating it as "LMT" someone might get confused with Lockmart

>>22196138
Boomers don't see a dip and htink they should buy, they see a dip and panic. They only buy things near their ATH

>>22197208

>>22197208
thats a pretty tiny dick bro

>>22197248
I was soft, I apologize because I'm obviously getting banned soon.

>>22196201
Sold monday night. Pretty fucking happy.

>>22197208
You left the metadata on your pic, including geolocation. Anyone here can shit in an envelope and mail it to your house faggot

Gotta say all those threads before market opens without OP was pretty entertaining

>>22197267
My parents already know I'm an autistic loser. I have nothing to lose. Threats like that mean nothing to me.

>>22197208
>cut
I'm sorry for your loss

>>22195993
what books does /smg/ read? you read books right?

>>22197267
If you send me some of your shit I'll venmo you 1k

>>22197324
I only read threads on 4chan

>>22197312
Thanks!

I'm putting the shotgun right-of-center in my chest. I WANT it to be painful.

>>22197324
Finnish Fascists by Oula Silvennoinen

>>22197208
Bearish

>>22197367

>>22197041
TQQQ @ 155, Im new so.I Iost 20% of my small porfolio but its not that bad compared to everyone elses earnings. I can probably start sleeping instead immediately waking up for the market but with the things thats been going I might still have to monitor. honestly i wanted to shitpost for (you)s kek

>>22197248
micro penis https://www.youtube.com/watch?v=iHB-Yy1UqzQ

>>22197383
If I post a pic of my asshole will tomorrow be green?

>>22197267
Where does this man live? Just out of curiosity so I never go near this location

>>22197416
Better do it just in case it works

>>22195993
ATTENTION ALL TQQQ AND AAPL HOLDERS

ok whats our way out of this hole? whats our plan? sell on open and rebuy the end of day dip? wait until tuesday? knowing my luck ill sell everything and over the weekend AAPL and TQQQ will be back up 15% green on tuesday


im really mad i didnt buy VXX calls like i was thinking about yesterday

>>22197426
Where I live makes west virginia look like los angeles. I dare one of.you to come to my house and kiss me.

>>22197397
>buying a 12k hip replacement for a dog
god I hate city retards

>>22197267
I thought ;Chan stripped that data automatically years ago

>>22197450
I sold and will re-buy next week when shit calms down.

>>22197426
4chan strips metadata everywhere but /p/

>>22197450
I’m not even at a loss I’ll just keep holding. If tqqq keeps megadumping I’ll buy some puts. Worst case scenario, I’ll sell some of my apple and buy more tqqq

>>22197530
sell tqqq double down on apple

Indexes are green tomorrow

>>22197614
I'm not even mad, have fun with your dogs you crazy fucker
never change

>>22197614
Gtfo

>>22197450
Every time I thought about selling apple, it recovered.

I'm just going to hold it. Im sure if I sell it it will go higher within minutes.

Apple is a solid company so not terribly worried. It will gain with 5g phones, Russia able to buy apple stock and Xmas

>>22197397
>chasing pumps
i did this only once with a small amount of money (like 1300 euros or something) and i regretted it even though i broke even. but i learned my lesson. why people don't learn? why put emotions in investment?

>>22197614

>>22197367
Anon don't kill yourself! I don't want you being eternally damned. Read the Holy Bible, I recommend starting from the New Testament. Jesus Christ who is God came to the world to save us from sin, from eternal damnation. He died on the cross, yet 3 days later He rose from the grave claiming victory over sin and death. Believe in Jesus Christ, gain everlasting life. I pray my Lord and Savior Jesus Christ helps thee overcome the darkness that swallows you whole. Don't kill yourself anon.

I'm gonna nosh on some dogs and deepthroat some kielbasa. Buy the dip you degenerate faggots. And buy WMT.

so what exactly do Jerome and Christine intend to do to stop my assets from dropping further?

you know, when I am not seeing GREEN, i feel poorer and less likely to spend

>>22197367
>day trading
stop looking at your portfolio, stocks always go up. if you're not investing for long term then you're doing it wrong.

>>22197367
There are other things you can do with your life besides dying. Do things that others refuse to do. Feed the homeless. Pick up trash on the side of the road. Help an old lady up the stairs if she is struggling.

Make yourself useful and give yourself value. Trust me

Check futes

I am CONCERNED about VIX
>>22197324
I just finished The One Dimensional Man by Herbert Marcuse and The Killing of Osama bin Laden by Seymour Hersh. Now I'm gonna read The Left's Strategy and Tactics by Unconstrained Analytics
>>22197208
That looks a lot like Baggie's dick :O

Well, that didn't take long.

Fuck. Europoors dropped their bags at 10 am and I did not buy enough AAPL for 113. Will we retest the lows?

>>22197397
I'm so fucking happy to see all these retards getting burned on options. They'll never touch them again, that's for sure.

So guys, red day before labor day weekend into blood red monday?
who else is loading up on sp500/nasdaq/dow puts 2 weeks from now?

also what do you think about this guy?
>>>>/pol/275764019

>>22197877
What happened?

>>22197390
You bought? No options or anything? Then what's the problem? Just wait for it to go up, as long as you didn't sell, you didn't lose anything. We're only laughing here at the Options Retards who blew their life's savings away on Tesla Calls.

>>22197883
I lost a few hundred on high risk puts and some calls. I learned my lesson without getting bear up too badly.

I'm likely done trading at this point I can't seem to catch a break for weeks now. Am deciding upon just buying and holding with maybe a bit of another strategy mixed in. I do not want to be too diversified so I do not want to be in more than 4 or 5 different stocks (3 or 4)/ETF's (1 or 2). How do I make my choices? What sectors should I pick? What do I look for in financials before going in heavily? As for ETF's any recommendations?

I no longer want to actively watch the market only to make almost no gains. Down right waste of time at this point and I hate having to wake up at 6 am as market opens 6:30.

>>22197397
>buying tesla options
>with all the money you don‘t have
>right on the day when everyone starts taking profits
Feels good to not be retarded.

>>22197877
>tech still down a bit

>>22197957
If you don't wanna watch the market, just buy Mutual Funds lol. Even ETF require you to watch them somewhat.

>>22197914
Yuropoors are buying the dip. No idea why.

>>22197888
I wish the creativ writing of the poltard would be true. We could get fucking rich while the rest of the world would be happy to wagecuck for us.

>>22198019
>Yuropoors are buying the dip. No idea why.
BASED where can I see this?

>>22198019
>Yuropoors are buying the dip. No idea why.
They can finally afford it, there was a huge wave of stimulus and the European Stock Market is doomed to crash completely or to crab on the bottom. Lots of people here got burned on the airlines and such. They rallied after the March dip just to plummet down again.

>>22197888
Overdramatizing retard but his predictions aren't that crazy. The economy is fucked, comex is a scam and we're due for a drop. He attributes price increases to inflation which seems to be wrong at this point in time. I'm also not quite sure if he actually understands what the DIX tries to show.

>>22198071
DAX

>>22198087
>>22198071
sorry, meant Xetra and Boerse Frankfurt.

>>22197751

"day-traders" = unemployed
waiting for compound interest do its job only works if you're already rich-ish, need income

>>22198019
>No idea why.
We are not afraid. There is no reason to have bear market.

>>22197957
VTSAX or any of its competitors + small exposure to 3 hand picked stocks. Don't have to worry about business cycles, being frontrun by algos (like TSLA with SP500), etc. The expense ratio is also some of the lowest you will find. You can also do equivalents for the SP500, NASDAQ, or DOW. Don't worry about world funds, most american companies are already international.
Disregard this poster
>>22197995
>If you don't wanna watch the market, just buy Mutual Funds lol
No. Mutual funds are a waste of money designed to pray on the ignorant and afraid.

>>22198105
>>22198019
Thank you. If you had to guess, when will NYSE markets feel the effect of this?

>>22197918
I sold everything then threw it all into TQQQ for recovery but a retard I am bought it at the trap

>>22198071
https://www.boerse-frankfurt.de/equity/tesla-inc
https://www.boerse-frankfurt.de/equity/apple-inc

>>22198156
i think it will be immediate for american stocks which have already been trading on the european market. for the rest of the stocks, no idea.

What cheapies are we buying at close today?

>>22197957
>>22198142
NTSX
T
S
X

>>22198019
>Yuropoors are buying the dip. No idea why.
>Tesla started on Tuesday with a 10% gap up in europe
>when america opened it crashed to -8%
Yuropoors don‘t know what they‘re doing lol.

>>22198166
Just wait for a week or two then, Donald Pump has a solution for any problem.

Salmon & pufferfish futures are now green.

>>22198245
fuck yeah... thank you biz for convincing me to hold

>futures green

is that really the best bears could do?

Friendly reminder that all that's necessary for GME's stocks to soar to $40 is the announcment of high console preorder numbers

>tfw your portfolio is made up of a collection of non-correlated investments and a 3+ sigma event does nothing to it
just keep compounding a winning strategy folks, don't change big gains

>>22198290
chase*

Sold my TQQQ stack yesterday at 160. Rebought back during the day with an average of 150. Hope I didn't fuck up.

>>22196955
for real, crypto should have its own board desu

>>22198319
well you could have got it for lower but overall good i think

INGa just broke 7 eur again today, next stop: 7,50. might even hit higher before next earnings in november.

>>22198369
still very undervalued considering they didn't really recover much after the corona crash.

>>22198369
Time for a good fat bonus for the new CEO

>born too late to be a bitcoin millionaire
>born too early to be an organ farm millionaire
>born just in time to invest your savings in ATH tech and kill yourself

so did we get any news about what institution or hedgie caused yesterday?
because it wasn't retail worker karen, construction worker bob or office worker john

>>22198412
Zerohedgies had article speculating softbank may have been catalyst. The theory had enough merit that i couldn't call instant bullshit on it. I don't know.

>>22198245
If we punch up through the thin volume we're at nao we could hit the 3490s :D
>>22198412
I'm extremely concerned about this too. People are saying it had something to do with large institution's gamma exposure, that MMs were forced to buy equities to cover their options on all the big techs. VIX rising precipitously was a big clue something was up, I'm wondering if something in the VIX futures actually caused this, the "tail wagging the dog" so 2 speak
You read this?
https://www.zerohedge.com/markets/speculation-emerges-over-identity-mystery-marketwide-call-buyer

>>22198409
>born just in time to invest your savings n ATH tech puts and love yourself

>>22198412
Blame algos when there isn't anything news worthy. Unless there is a SEC transaction of Elon dumping 5 billion shares. Or blame Trump's tweet of ATH.

>>22198412
Tesla revealed their brain implant project, investors didn't like the reveal, and left the stock. This caused panic selling, which spread.
Growth for no reason, like what we saw and baited us into investing our savings in inflated tech, can be followed by a collapse for no reason.

Whats the take on NET? Will it drop below 30?

>>22198077
Yuropoor markets are boring and don't do anything ever because yuropoors are also boring and don't do anything.
Mutts might be arrogant and stupid, but that makes their markets bounce around like a kid with ADHD.

>>22198290
women sigh

>>22198508
no, that amount of money is only controlled by the absolute biggest of funds and hedgies. which don't sell for "no reason"

>>22198475
>Or blame Trump's tweet of ATH.
I don't buy that theory at all. Only time he can really nudge marjets is when tweet is about something market is all flustered about already like good or bad news about chyna trade war. Yesterday was much more complex than tweet reaction.

>>22198412
You guys are never asking why tesla gains 80% on a split announcment, but are scratching your head when smart money cashes in.

>>22198272
>is that really the best bears could do?
yeah bears... I can take more than that

>>22198542
people like Bill Ackman were all hurr durr market dont make no sense and everyone listened

literally the faggot was on bloomberg spewing his usual bear shit

>>22198550
Line go up is virtuous and true. Line go down is collusion.

fuck wait.. what?

>>22198550
TSLA is a once in a generation PnD. The question remains where did the money actually go.

>>22198610
into the jews pockets

KLANG KLANG KLANG KLANG

PREMARKET ACTION HAS BEGUN. bote and plane up. teslu and abble down.
https://www.marketwatch.com/tools/screener/premarket

God i'm gonna buy this SQ dip so hard

>>22198666
I can tolerate 1% satan
just don't let it get any worse

>>22198666
Good morning Mr. Klangz! Crowdstrike down off of not-too-bad-really earnings is interesting to me :o

>remember getting burned months ago trying to short W at 100
>its at fucking 275
Some criminal enterprises funneled money through that ticker. same with CVNA.

i don't even get the point of this dump. so some hedgie/funds barely dipped it and now they're cash.
what are they going to do with the cash? buy back in when things are more expensive?

How can this algo still say hold on TQQQ? You would think a -15% down turn would make it SELL for sure

At What price do I get TQQQ?

I was thinking $130, less than $100 I would definitely go all in.

>>22198840
because it's still outperforming everything including the biggest tech stocks, and is only down a mere -15% while stocks have dumped nearly -20% to -30%

>>22196220
>/cvg/ was right and it really is airborne AIDS
This is not going well. At all.

Market closed on minday. Im thinking bullish on tuesday

>>22198845
yes and that komi is shaggies property

>>22198840
Because obviously the algo is smarter than you

>>22198845
desu I'd either get in tomorrow, tuesday, or wait a long time. i dont see it going below 100 unless this is a major major crash

>>22198517
Don't know, but NET is officially my first bag hold since I started investing 4 months ago. Shit sucks

should I buy more AMD or Intel?

Anons how screwed are we? Are we gonna collapse like 08 did I buy in too early especially in MRO, TSM, and RTX?

>Futures recovering

>>22198943
Those stocks barely move. Youre fine

Nvda save me

>>22198943
Not now. Maximum pain is for it be alright so that way when the big one comes you aren't ready for it.
>RTX
Why are people still holding that trash holy shit

>>22198941
China or Israel? Who do you trust more?

>>22198943
it's very very unlikely to actually CRASH on no news

08 has a global financial collapse... watch The Big Short film

>>22198943
>Are we gonna collapse like 08

I wish. My puts would print faster than any wagie could comprehend.

Sadly, right now everything seems fine.

>avg TQQQ buy price 147
AAAAAAAAAAAAAAAAAAAAA WHAT DO I DO

>>22198941
Buying AMD and TSM is solid for the next 2-3 years.
Intel, if they are to ever make a return, will need some time for it.

>>22198943
Lines just went up too fast and we had to take a breather

>the battle for 400 begins on TSLA today
Net 6 million shares at stake in the put vs call at 400.
That shit is going to be WILD at end of day I think.

Am I safe to buy TSLA puts this morning

>>22199068
nothing

>>22197019
Actually good advice

>>22199073
more AMD it is

>>22196080
>It's actually crawling back up to 400

>>22198974
>He bought?

>FUTURES
OHHHHHHHHHHHHHHHH

>>22198975
It's a good swing stock.

>>22196129
$69.69 is a meme, but I did sell at $420.69, the real prophecy.

>>22197324
Check out fooled by randomness by Taleb

>>22197324
exhentai.org

jerome better get to work early on the printer today

>>22197324
Trading related? A Random walk down wall street by Burton Malkiel.

It's about TA, so most people here would probably hate it.

>>22199149
coffeezilla interviewed a professional hedge fund manager few days ago and he had some really good collection of book recommendations, yours was one of them.
here is the pastebin for the full collection:
https://pastebin.pl/view/2223fa60

Are there any SPACs you've guys been following as of late?

Does anyone have the TQQQ Yes/No link?

I saw some anon post a screencap but no link

>>22199297
QuantumScape since it might mean all of TSLA's moats they have been touting for a decade get breached at the same time.

>>22197324
Secrets For Profiting in bull and bear market by Stan Weinstein.

>>22199297
>>22199324
Woops meant KCAC

>>22199177
Doesn't work

will there actually be a rotation out of tech people on CNBC keep talking about or was it mere profit taking/correction?
I think its ridiculous to think people would pump reopening plays like airlines/cruises/gastronomy right now
so what are the save plays for the coming week? - utilities/financials/oil seem to be doing ok but idk

>>22199343
What do you think about tortoise acquisition with that green energy semi manufacturer?

> baghold XOM for 3 months at 48.
> sell at a loss and buy into Apple after XOM gets delisted.
> back to bagholding at 127.

Back where I belong.

>>22199390
everything dumped not just tech

>>22199390
exposure to banks or fintech now might be a good idea. If oil or energy is going to get a boost before october it'd be now.
>>22199391
Know very little about them. It's just now that the regular big boys are taking this seriously TSLA looks to be losing on every front EXCEPT for the Elon premium you pay on your shitbox. I think they also still only have that 1 semi too.

>>22199425
>he is still chasing pumps

>>22199390
Cambell Soup dumped as bad as apple lol

My mouth is itchy and my tongue hurts

>>22199314
More or less the same thing
https://xivinvestment.com

Green before open

>>22199426
not true, financials and 5G and oil and leisure was doing fine comparatively

https://finviz.com/groups.ashx

>>22199467
i told you it was a bad idea to cunnilingus a hooker, John. but you never listen.

>>22199426
Retail and cruise lines were up

>>22199390
There would be a rotation out of tech if there was a bubble or if it was overvalued. It's not, the price is fair and anyone who goes all in on Tourism right now is gonna get burned in a few months.

yall thinking about tqqq while im contemplating a 20xQ

I lost a lot of money two months ago on a bad play and vowed to not re-enter the market, yesterday morning I opened biz for the first time since then... I'm not saying the dip was my fault but it was my fault I'm sorry

Europeons being played as usual. After market USA turned hopeful, so Europeons will follow like cattle they are. After Europeons pump the prices USA will open greenish, which is good for institutionals and they can dump their bags at better price, and from that point on we're back to freefall.

>>22199545
AAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

Did anyone else just feel that Heat wave?

>>22199550
honestly not so sure

printer go brrrr

yesterday was an anomaly

Wow, only -2% instead of - 5%?

>-6.6% yesterday
>-0.03% so far today
AAAAAAAAAAAAAAAAAAAAA

So are we buying or selling?

>>22199617
I am selling puts at open and buying calls at close.

>>22199617
we holdin'

>>22199617
neither

>>22199617
we hopefully watching it all burn down and accelerate the down fall

Could tesla dip to 300

>>22197957
Put most, if not all, of your money into a broad index fund covering either the S&P500, the entire stock market, or the whole world market.
If you want, you can use a smaller portion to invest in specific industries/sectors with ETFs like e.g. SOXX, SIL, ONLN, QCLN, HAIL, or the ARK* funds.

>>22199617
>>22199630
>>22199635
>>22199636
>>22199674
>>22199703
UP UP UP PERMANENT DOPAMINE NASDAQ 15K SP500 6K DOW 40K

new

>>22199751
>>22199751
>>22199751

>>22197397
12k operation for dog is more retarded than buying Tesla calls at the top of the bubble

>>22196518
>long in TQQQ
You're gonna get blown the fuck out over time by your triple levereged dumps. Don't be a goober, you're gonna regret long holding.

I'm so pissed I have my cash transferring between accounts and can't buy these glorious dips

PLM might not be dead after all.

>>22198610
>where did the money actually go.
To smart people that sold at the TOP.

I made money on it.

>>22196566
>learn about the basics
What basics?
Crypto is like investing in stock but since it is all speculation with little connection to the real world, you just have to go by the TA.

>>22196077
Czeched