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/biz/ - Business & Finance


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>> No.22340522

Disgusting man fridge body

>> No.22340524

first for fuck trannies

>> No.22340532

>>22340479
This is the first time I have hid an /smg/ thrrad. Congrats, tranny posting faggot.

>> No.22340535
File: 32 KB, 600x338, Arnold True Lies.jpg [View same] [iqdb] [saucenao] [google]
22340535

I can't stand it.

>> No.22340542

>>22340524
Don't mind if I do.

>> No.22340548

>>22340479
that fucker looks like he could drill a football into the endzone in a fuckin conference final

>> No.22340551

>>22340479
He's getting old. The candle that burns brightest also becomes an ugly ass man the quickest.

>> No.22340558

>pure gold mining
OOOOOOOOOOOOOOO

>> No.22340564

Fuck it i'm gonna hold onto my TQQQ.

I WILL GO DOWN WITH THIS SHIP

>> No.22340572

>>22340479
MAN
MAN
MAN

>> No.22340585
File: 213 KB, 544x539, 82E2E13D-9293-450B-99E4-A2D88CF771BB.jpg [View same] [iqdb] [saucenao] [google]
22340585

Where's Raj when we need him?

>> No.22340594

>>22340548
I'd drill my balls a foot deep into his endzone

>> No.22340609

>>22340479
Facts about the market
-A dollar is NEVER worth less than a dollar, only equal or more
-The bottom line value of ALL companies is PE minus speculation
-The top line value of ALL companies is PE plus speculation
-You are somewhere between these two metrics
-A decreasing PE does not automatically mean a lower share price, EPS*PE, 2.5*50=125, 4*35=140
-Retail investors are automatically priced in and adjusted for by institutions, and never play a functional role in the value of a company
-We are currently 20%-30% above historic PE for the entire market, however this historic PE has an element of speculation, and the current PE obviously does as well so this cannot be looked at without quantifying sentiment/speculation
-Institutions are using GPT-3+ to run natural language processing and machine learning in order to quantify the qualitative nature of sentiment/speculation
-Without giving yourself an adequate time span to deal with this you WILL lose more than you win
-If you aren't learning neural networks at this exact moment you are absolutely lying when you say you have an idea of what a stock will look like tomorrow, 6 months from now, 5 years from now
-The PE of entire sectors/markets move in related ways
-Meme lines are literally just a post-priori representation of the value adjustments relating to PE+Speculation, and are not in any way shape or form crystal balls
-There is multiple times over enough cash to pump the DOW to 50k, institutions simply choose not to
-There is no such thing as bears and bulls, this is a myth, you have value and you have irrationality. Value is regressive to a base, and irrationality is upward momentum.

I know I've missed some things, feel free to provide counter-argument or add to what I've said

>> No.22340610
File: 105 KB, 850x919, 1593384951026.jpg [View same] [iqdb] [saucenao] [google]
22340610

Workhorse Group

>> No.22340625
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22340625

>he was told about the horse calls
>he didn't listen

>> No.22340626
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22340626

>>22340558
>Gold miners
Based
>>22340564
>tech
Cringe

>> No.22340642

Not sure who I hate most that trannyposter or kimfag

>> No.22340648

>>22340609
>counter-argument
TL;DR

>> No.22340653

what advice does /smg/ have for someone who's very good at timing the top but very bad at timing the bottom?

>> No.22340659
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22340659

>>22340479
are you forgetting something op

>> No.22340658
File: 395 KB, 419x752, 7A577FCE-19C6-43BC-9729-4824B0F8F2EF.png [View same] [iqdb] [saucenao] [google]
22340658

>>22340609
Facts about the market
- Buy
- AUY
- Faggottini

>> No.22340660

bich bloody moterfuker

>> No.22340672

>>22340653
buy the dip

>> No.22340680

>>22340648
I am rekt and cannot recover

>> No.22340691

>>22339684
If we hit even 1 circuit breaker I'm fully pulling out and touching stocks for maybe a month.

>>22340040
>knckouts
What does that mean. Youre by far the closest to what I think it works like.

>>22339940
Unfortunately it seems to force you to use the 3k losses even if you made paltry money that year. Pist me off as i made little money last year when i lost 10k (made it back plus more this year) but man i didnt enjoy being forced into using the 3k reduction

>>22339999
>>22339961
Hmm idk how it works as none of you (including the other anons) agree in this nonetheless that itm leap was something ive been planning on doing

>> No.22340697

>>22340658
>Hailey Bieber Shows off Her Toned Stomach
>7 Great Ways to Earn Extra Income and Keep Your Full-Time Jo…
>>22340659
>>22340659
>>22340626
>>22340479
alright its a bit old, you have a mental illness and its unfair to you personally that others not tell you that its wrong and you need to change

>> No.22340709

>>22340642
Both need the wall

>> No.22340718

>>22340680
Jokes aside what proof do you have that institutions are using GPT-3? It's logical they would but do you have a source?

>> No.22340723

>>22340672
yeah I do but it usually ends up not being the bottom, that's the problem

>> No.22340729
File: 9 KB, 785x224, htbx.png [View same] [iqdb] [saucenao] [google]
22340729

Who HTBX here :)

>> No.22340739

>>22340691
>What does that mean.
It's a type of option. It only has a strike price. If it hits the strike price it becomes invalid. The leverage depends on how far your entry price is at the strike price. They have linear payoff. No theta, no other gay greeks, no expiry.

>> No.22340746

>>22340609

PE is high but interest rates are zero forever so situation is not comparable to anything we've seen before in history.
have a good day.

>> No.22340747

>>22340697
based mouse clicking the 4chan ads while i click post numbers

anyone have suggestions for a new mouse?

>> No.22340761

>>22340479
based maga tranny

>> No.22340765

>>22340585
Hey are you the same ass hole that called me a boomer tranny in the other thread. I am 49 years old look at a god damn boomer age chart for ones in your god damn life

>> No.22340768

DXY hasn't moved since 330pm edt, we hit the 50-day average, and futures are going green.

can we hope?

>> No.22340771

>>22340718
I read every machine learning paper that gets released and this shit has a heavy focus right now, a few keywords into google and you would find probably 5 papers from this year alone that have very interesting information

>> No.22340782

>>22340765
Everyone 30 and above is a boomer
t. 30 year old boomer

>> No.22340785

>Nasdaq futes green

Wow never seen this episode before

>> No.22340789
File: 53 KB, 750x1000, 7772100B-1225-4284-A3BC-66E370591049.jpg [View same] [iqdb] [saucenao] [google]
22340789

>>22340522
>>22340524
>>22340532
>>22340535
>>22340548
>>22340551
>>22340572
>>22340642
>>22340659
>>22340697
Beyond based. The man hands, man hips, mans feet, and boy bods will ALWAYS give you away and cannot ever be changed.

>> No.22340801

>>22340746
Holding stocks always comes with risk. With higher PE the risk/reward ratio becomes unbearable.

>> No.22340802
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22340802

>tfw local KFC shut down

>> No.22340803

>>22340765
Boomer is a state of mind. If you are taking that label literally you are probably autistic.

>> No.22340810
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22340810

I hope you sold everything today, because you won't have any time tomorrow morning. There will probably be some heavy downward swings over night, with circuit breakers popping first thing in the morning.

>> No.22340811

>>22340746
Fantastic! You're absolutely correct, and people are working to understand this right now. Interest rates are indeed roughly 0 for the next 3 or so years. It would follow that PE continue it's level or even grow until that point, however you forgot to quantify the economic damage that has happened in the last 6 months which is definitely restrictive.

>> No.22340814
File: 92 KB, 1065x971, etrade.png [View same] [iqdb] [saucenao] [google]
22340814

>>22340729
>>22340729
>>22340729
>>22340729
>>22340729

$5 by end of September

>> No.22340817

>>22340479
i dream about the day these disgusting abominations are unceremoniously hanged dead from the nearest lamppost.

>> No.22340821

>>22340810
>selling at a loss
I'd rather lose all my money

>> No.22340824

>>22340810
Good better prices for me

>> No.22340826

>>22340609
>memes
Here are the GOLDEN RULES:
1. Never purchase shares in a company without an options chain. If you can't get enough shares, then don't buy it in the first place
2. Have some portion of your portfolio in some broad index (take your pic). Holding anything more than 5 single stock picks is the big meme unless you are trying to DIY an index without the expense ratio.
3. Dividends are fucking garbage. Those who "make it" where that would be worth it use muni bonds instead to generate fixed income with little taxes.
4. Don't buy at the beginning of the day. Don't sell at the end of the day.
5. Average up > Average down
6. Lump sum > DCA
7. Set target points for entry and exit for all option plays before you go into them. Rollover into new contracts if targets are met.
8. Analyst price targets are memes. Do your own work.
9. All good "TA" tools wind up ultimately being volume and price average indicators. The simpler, the less error prone.
10. Don't buy fucking biotech penny stocks. EVER.

>> No.22340839

>>22340723
use your best guess with moving averages and meme lines to time the dip but don't commit to heavy to the dip in case there is more dip to come, in which case you will buy the dip again

>> No.22340844

>>22340771
I looked around on google and couldn't find anything about institutional investors already using GPT-3. I know how neat GPT-3 is and what it might mean if they could accurately judge market sentiment, but is it actually being used right now? That was what I was most curious about.

>> No.22340847

>>22340739
Can you show me an example? Still comfused.

>> No.22340855 [DELETED] 
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22340855

>>22340691
>pulling out and touching

>> No.22340870

>>22340801

agreed but we are nowhere close to the level where having money in your bank account is a reasonable choice. Value stocks are incredibly cheap and very low risk, remember that tech has driven the market since April.

>> No.22340871

>>22340810
so when a circuit braker trips does all the power at the NYSE shut off? doesn't it take them like an hour to restart their ancient server

>> No.22340881

>>22340844
inb4 the trippy claims he's a GPT-3 AI himself

>> No.22340895
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22340895

Are tranies what western men really desire?

>> No.22340904

>>22340811

economic damage is neglible, we will see growth in 2021 according to all estimates.
situation for 2021;
-zero interest rates
-growth
-bonds yields are shit.

where do you put your money?

>> No.22340905
File: 535 KB, 1080x869, RonPaul.jpg [View same] [iqdb] [saucenao] [google]
22340905

He tried to warn us.

>> No.22340922

>>22340871
Yeah if too many transactions happen at once the server crashes. NYSE jews don't wanna spend to get off legacy systems

>> No.22340930

GREEN TOMORROW BOYS

>> No.22340931

>>22340826
Dang this is all good advice.

>> No.22340937

I'm going to in-n-out, you guys want anything? For me, Double-Double, mustard grilled with chilis

>> No.22340946

>>22340922
they have to update eventually, right? Calls on NET

>> No.22340948

>>22340904
I agree, personally I'm long on tech and defense. I'm a total retard though and I'm only good at certain parts of this charade.

>> No.22340949

>>22340895
depends. Men that look like women are one thing. Men that look like children are another. Tranny poster has a lot of suspect pics that conflate childishness with feminine appeal and it isn't appreciated.

>> No.22340950

>>22340895
more than that yes

>> No.22340953

>>22340946
INTC, it's the isreali friendly option

>> No.22340958
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22340958

>>22340895
western men dont exist

>> No.22340960

>>22340922
but do the lights go out?

>> No.22340961

>>22340937
I want you to go to Whataburger instead faggot

>> No.22340962
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22340962

>>22340937
in n out is so fucking bad i hate it

>> No.22340974

>>22340937
In n Out gives me a sore throat for some reason

>> No.22340979

>>22340961
>>22340962
ungrateful. You guys get nothing

>> No.22340980

>>22340962
Not based

>> No.22340984
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22340984

>>22340937
>in and out

I rather eat ramen noodles desu

That's zoomer trash

>> No.22340986

>>22340962
That place is nothing but a shit hole. Everyone hyped that place up when I went out west I tried it for the first time and couldn't believe how terrible it was.

>> No.22340987
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22340987

>>22340905
Someone posted this here the other day
Very good watch https://youtu.be/u8u_J1JJvH4

>> No.22340989

>>22340479
Will there be a short squeeze on GME

>> No.22340994

>>22340974
Then stop sucking dick there.

>> No.22341005

>>22340989
no. you need people to FOMO into GME thats why there is massive shilling.

>> No.22341021

>>22340994
Ill suck your dick right here fag

>> No.22341029

>>22340989
Yes, no doubt about that.

>> No.22341032

>>22340958
thank you for posting something with two X chromosomes.

>> No.22341037
File: 2.39 MB, 305x523, 1587397939160.gif [View same] [iqdb] [saucenao] [google]
22341037

I have an extra $14K I can buy stuff with tomorrow.

Unironically, What's a good buy i can dump it into for a year and forget about it?

>> No.22341038

>>22340826
>5. Average up > Average down
No, I prefer to always take profit on the upswing. Please refute me if you have the ability.
>6. Lump sum > DCA
Yes, for sure. However, lump sum can be understood as having minimal DCA events, aka start and finish.
7. Set target points for entry and exit for all option plays before you go into them. Rollover into new contracts if targets are met.
the world is always different, this isnt automatically wrong but you must assess everything as if it were new

everything else I don't have a true issue with

>> No.22341041

>>22340937
No I’m on a hard cut bro

>> No.22341042

BUY HIGH
SELL LOW

>> No.22341043
File: 855 KB, 720x720, ezgif-2-9db053871535.webm [View same] [iqdb] [saucenao] [google]
22341043

buy the dip

>> No.22341045

>vaccine set back
>futures still pumping
I'm confuse

>> No.22341053
File: 1.81 MB, 2000x2685, space52b4.jpg [View same] [iqdb] [saucenao] [google]
22341053

>>22340989
Short squeezes are not effective if they're expected. The whole point is for it to come as a surprise to all the short positions so they have to cover deep in to a loss before they get liquidated. If something like that is brewing, short positions will just taper out without moving the price much. My understanding is the thesis on GME is just very high short percentage therefore squeeze at some point? I'd like to know if there is more to it than only that. Because that alone does not make a squeeze.

>> No.22341052

>>22341021
Throw in a fuck as well, Chuck.

>> No.22341055

>>22341038
my computer crashed and I forgot to add my trip

>> No.22341059
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22341059

>>22341045
Futures mean shit

>> No.22341067

>>22341032
>he only has 2 X chromosomes
ngmi

>> No.22341071

>>22341045
It's a Jewish plot to get you to buy into TQQQ, markets are gonna bleed for the next two weeks.

>> No.22341072

>>22340989
yes

>> No.22341074
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22341074

>>22341032
its what im here for

>> No.22341091

>>22341071
good, loaded up on more puts before close today and if this kiked market starts pumping tomorrow I think I may legit take my own life..

>> No.22341094

>>22340847
https://www.investopedia.com/terms/k/knock-outoption.asp
Most of them don't have an expiry and run endlessly. That's what makes the greeks vanish and the payout curve linear.

>> No.22341100

>>22341059
For the newbies
>futures have less players so prices change at silly rates

>> No.22341109

Just took a 10mg edible

>> No.22341110
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22341110

>>22340564

Rather proclaim it, Anon, through my host,
That he which hath no stomach to this fight,
Let him depart; his withdrawl shall be made,
And fiat for convoy put into his account;
We would not go broke in that man's company
That fears his fellowship to go broke with us.

>> No.22341114

>>22341109
>10mg
lmao

>> No.22341119

>>22341074
How many shares of Tesla would it take to get her for one night?

>> No.22341120

>>22341109
Houston, we have lift off

>> No.22341127
File: 113 KB, 566x489, Aaaaaaaaa.jpg [View same] [iqdb] [saucenao] [google]
22341127

FUTURES ARE GREEN!!!!!

AHHHHHHHH!!!!

TOMORROW IS ANOTHER BULL TRAP!!!!


AAAAAAAAAHHHHHHHH!!!!

>> No.22341131

>>22341119
First one's free.

>> No.22341139

>>22341109
>>22341120

Wait nvm thought that was 100mg

>> No.22341146

>>22341091
Actually wouldn’t rule that out they could just say
Mug vaccine is showing positive results 30 minds before open and have a massive pump

>> No.22341154

So if the right are all antivaxers and the left are now antivaxers too, but the virus isn't actually killing anybody, who's jewing who and whats the likelyhood we just got screwed again by pharma grabbing government gibbs

>> No.22341165

>>22341109
cue up some musics.

>> No.22341170
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22341170

>>22341119
however many it takes you to buy as much anavar and protein poweder you can carry to donate to her
with the way tesla is going you probably dont want that

>> No.22341176

>>22341154
>the left are now antivaxers to
lol wut

>> No.22341188

>>22340811
how does this not end in a melt up consolidation where the S&P and NASDUMP end up over-inflated, while the russell2k gets destroyed as literally every small business is decimated and everything is collapsed into a few thousand mega corporations that own all property and assets using cheap money to buy everything, further creating a gigantic gap between the haves and have nots.

with GDP imploding and layoffs expanding globally, the worldwide outlook is basically infinite brrrrrr with market fundamentals of the past 100 years obliterated

look at England, Australia. lockdowns are increasing, not decreasing. western countries are tightening the noose on SMB.

>> No.22341200
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22341200

>>22341109
You know I've been wanting to experiment with some hardcore drugs lately due to depression but I never could pull the trigger on it which is funny because I have no problem calling up an escort and having her come over and fucking and cumming on her, like the diseases that I may get or the possibility of getting robbed by a potential pimp never crosses my mind. Maybe there is something wrong with me? Fuck...idk man, this market these past few weeks demoralized the shit out of me. Was down over 20 grand because of Tesla, sold at a loss today but decided to go all in on my short positions. I'm so stressed out I had to call up one of my regulars and just blow off some steam. Let me know what you guys think, is she worth it? (200 for half hour).

>> No.22341202

>>22341170
She looks like she could kegel with your dick inside her and cut your dick in half

>> No.22341210
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22341210

>>22340479
Just got done wage cucking. Did testicle anon get fired?

>> No.22341216
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22341216

Should I sell or hold AAPL?

>> No.22341218
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22341218

>>22341154
Listen here buckaroo, ol cornpop used to say, "the day is the day and apples aren't oranges so, you know." Well that's that. Love children on my lap. C'mon man!

>> No.22341219

What the fuck is WAP

>> No.22341224

>>22341154
>who's jewing who
it's the malevolent elite trying to control the monster they have unleashed. The intent was for it to be a tool. Now it's running around off leash and it's all fucked up. For everybody. Monster doesn't know what it wants. Monster just lashes out all over the place, loosely in line with its programming but not always.
>whats the likelyhood we just got screwed again by pharma grabbing government gibbs
100%

>> No.22341235

>>22341188
Do you have schizophrenia?

>> No.22341236

>>22341210
Yes. Last we heard from him he drank a 12 pack and half a bottle of whisky by a river. He's probably either passed out or dead.

>> No.22341237

>>22341210
Yes, and then he drowned himself in a river, probably, we aren't really sure, he might just be sleeping

>> No.22341238

>>22340826
>without an options chain
Why?
>use muni bonds instead to generate fixed income with little taxes.
How do I access those?
>Lump sum > DCA
Lol i do prefer lump sum over dca. Dca seems to screw me over more than lump sum.

>> No.22341242

>>22341053
>Short squeezes are not effective if they're expected
Bullshit. If the shorts are down enough they get margin called and have to buy.
>If something like that is brewing, short positions will just taper out without moving the price much
More bullshit. You can't buy back 100% of the float without moving the price while also almost half of the float is locked up.
>My understanding is the thesis on GME is just very high short percentage therefore squeeze at some point?
Even more bullshit.
Good balance sheet, Cohen (Chewy) speculation, console cycle( look at what the GME share price did the last 2 times).

>> No.22341244
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22341244

SPY at 320 by Friday next week right guys?

>> No.22341248
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22341248

>>22341200
>not asking escorts to hook you up with drugs

What do you do with the rest of your 50 minutes?

Tfw you let them walk out on you

>> No.22341252

>>22341210
>near children
should be illegal

>> No.22341268

>>22341236
>>22341237
I sort of figured. Anyone with that level of autism is best staying at home with a caretaker.

>> No.22341270

>>22341094
Thanks, ended up being something i was unfamiliar with. Dont believe i have access to these.

>> No.22341273

>>22341032
>he doesn't know

>> No.22341285

>>22341242
Good luck, lad. This is a trickier game than you seem to think.

>> No.22341286

memes aside, what's really happening tomorrow morning?

>> No.22341287

>>22341248
I don't do drugs man, its fucking degenerate..

>> No.22341294
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22341294

what will the bottom be

>> No.22341299

Press F to pay respects to the work jerker

>> No.22341303

>>22341286
if we knew that do you really think we'd be posting here?

>> No.22341307

>>22341285
>This is a trickier game than you seem to think.
Are you trying to save face?
The fuck outta here...

>> No.22341314

how to supress the primal urge to kill?

>> No.22341319

>>22341299
RIP, poor guy

If you're reading this give us updates

>> No.22341322
File: 107 KB, 850x721, tea3.jpg [View same] [iqdb] [saucenao] [google]
22341322

>>22341294
For SPY 300-320.

>> No.22341339

>>22341322
dubs of truth. why have you forsaken us

>> No.22341340

>>22341294
Deflation

>> No.22341345

>>22341176

check social media sentiment. not a meme.

https://twitter.com/search?q=%23trumpvaccine&f=live

>> No.22341347
File: 42 KB, 757x612, 1594679421327.jpg [View same] [iqdb] [saucenao] [google]
22341347

>>22341294
When you least expect it

>> No.22341348

I just ate 22oz of raw almonds I feel like I’m about to fucking die wtf

>> No.22341370

>>22341348
You didnt activate the almonds you dunce

>> No.22341373

>>22341348
you really love them nuts huh

>> No.22341376

I'm still really scared that my profits are almost nonexistant now. Please do something

>> No.22341378

>>22341345
oh. desu i see them as apprehensive because of how rushed the vaccine is not just antivax in general. I believe this worry is in good faith not really against trump because people would obviously be worried about injecting something into their body that has been fast tracked for political likeness

>> No.22341379

>>22341314
rape

>> No.22341381
File: 346 KB, 1217x1217, 74efa0a63c103f60a02618d638845bca8ded82d3_s2_n2.jpg [View same] [iqdb] [saucenao] [google]
22341381

>>22341348
why the fuck would you eat 22oz of almonds let alone raw ones you fucking idiot

>> No.22341393

>>22341348
>joo
joos are allergic to almonds

>> No.22341399
File: 487 KB, 963x723, 1581198145703.png [View same] [iqdb] [saucenao] [google]
22341399

>>22341348
>didn't activate almonds before eating them

>> No.22341400

exited TSLA today at $350 per share for approximately 250% ROI. the nasdaq is finished right?

>> No.22341401
File: 2.46 MB, 480x450, 1597030794509.gif [View same] [iqdb] [saucenao] [google]
22341401

>>22341348
>almonds may yield 4–9 mg of hydrogen cyanide per almond
hmm

>> No.22341410

>>22341399
>JP 6HLOMO
these fucking id's

>> No.22341412

>>22341319
Dude jerked off at his desk and came on the floor on a regular basis. I definitely don't feel bad, but I do find it a bit hilarious.

>> No.22341420

>>22341216
Why are you still holding?

>> No.22341424

>>22341378
Don't kid yourself.
If obama or biden fast tracked a vaccine these people would be calling everyone who thought it sketchy a schizo incel.

>> No.22341428

>>22340895
Is that a

>> No.22341433

>>22341235
why are you deflecting from the assertions put forward?

>> No.22341447

>>22341420
To be fair, Apple's p/e is much more realistic than say Tesla's.

>> No.22341453

>>22341428
Female perfectly suited for bearing children? Yes.

>> No.22341463
File: 627 KB, 800x800, 1585948400107.jpg [View same] [iqdb] [saucenao] [google]
22341463

>>22341400
>the nasdaq is finished right?
Yes. 9000-10000 here we come.

>> No.22341473

>>22341433
Could you rephrase your assertion? I genuinely became concerned for you.

>> No.22341474
File: 92 KB, 410x598, 1599397583214.jpg [View same] [iqdb] [saucenao] [google]
22341474

>>22340479
Anyone holding GME pass earnings is retarded

>> No.22341482

>>22341447
For sure, but it should have been clear by Thursday that tech was gonna bleed like a stuck pig.

>> No.22341483

>>22340479
kys tranny

>> No.22341487
File: 90 KB, 1369x514, Unwantedbabby.jpg [View same] [iqdb] [saucenao] [google]
22341487

Lads im going to have to eat this wont i

>> No.22341511

>>22341474
I have a 1/15/21 $15 call. Only cost me $130 and if it short squeezes I'll make fucking bank. Low risk, high reward.

>> No.22341513

>>22341038
>No, I prefer to always take profit on the upswing. Please refute me if you have the ability.
https://financialpost.com/investing/5-reasons-why-its-better-to-average-up
https://seekingalpha.com/article/717451-why-averaging-down-is-a-bad-investment-strategy
https://www.investors.com/how-to-invest/investors-corner/psych-106-never-average-down-in-a-losing-stock/
The point is average down is "catching a knife/timing the market" under a different name. Better to still have capital on a downturn in a winner than to be out of capital in a continued downturn with a loser. Profit taking is when it goes up in either case. You just protect your cost basis with the latter more than the former. It is easier to look at a "dip" and conclude its over than to be in a dip and conclude when it will stop (i.e. predict the future). Psychologically, average down feeds into fear of realized losses and average up is the more uncomfortable but logical. The "wall of worry" exists for a reason.

>> No.22341519

>>22341378
>not really against Trump
on Aug 13, Kamala Harris gave a speech complaining about Trump's handling of covid, asking "when am I actually going to get vaccinated?" A month ago was too late for her, but today it's too fast? Or, it's too fast now because it will be before the election and in August that didn't seem likely.

Everything is political, anon.

>> No.22341521

>>22341463
I pray to G-d the market continues to tank tomorrow or my puts are in jeopardy..

>> No.22341528

>>22341474
that's literally 99% of /smg/

>> No.22341532
File: 373 KB, 1440x1009, inspector pepe.jpg [View same] [iqdb] [saucenao] [google]
22341532

What would you do if stock market hits even 1 circuit breaker on SPY or a big name stock?

http://www.strawpoll.me/20909904

>> No.22341540

>>22341474
I won't deny the accusation. I have been holding my shares for over a year though, so if they do pop, I get a discount on them being long term investments, which is nice.

>> No.22341554
File: 228 KB, 1080x2220, asdfasdf.jpg [View same] [iqdb] [saucenao] [google]
22341554

Do I sell? I can't close my eyes any longer I've lost so fucking much on Tesla and Apple especially

>> No.22341559

Im all in Amazon, bezos will not dissappoint me

>> No.22341564

>>22341532
I'm 90% cash right now and won't buy a fucking thing until a trend starts. Of Apple drops to sub $100 I'm going all in though.

>> No.22341569

>>22340564
The market's going to go up eventually anyway. The only thing you lose by not selling is opportunity cost, and it's impossible to say if there's any opportunity to latch onto with how fucking fucky the market is right now, so you might as well hold.

That's what I'm telling myself, anyhow.

>> No.22341571

>>22341532
why isn't "short SPY" an option ? ngmi

>> No.22341572

>>22340564
>bagholding a leveraged ETF

>> No.22341575

>>22341487
/smg/ told you niggers to long apple and tesla ect years ago yet all you new niggers suddenly come out and have longed the parabolic trend suddenly? makes no sense. where have you come from?

>> No.22341591

>>22341188
The wizard behind the curtain has no clothes

Propale stop buying into the shit show and flee to perceived value after taking a bloody enough beating

Will it be bloody all of September? Let’s see

>> No.22341598

>>22341575
none of them were here years ago

>> No.22341604

>>22341575
9gag

>> No.22341631

>>22341188
That is how it will go, until it reaches it's breaking point and the current monetary system collapses. Invest in productive assets now, even if they're currently not worth shit.

>> No.22341641

>>22341554
Apple will go back up eventually, but Tesla you need to drop immediately.

>> No.22341650

>>22340821
>profitable traders/investors always win
Here's a tip, they don't. They know when they have to exit if their thesis is wrong. The only way to increase your chance of winning is preserving your capital and throwing as many hooks as possible.

>> No.22341651

>>22341591
God I can’t type when I’m drunk I sound like I just took a double hit of hrt

>> No.22341653

>>22341473
>small business decimated by covid and unrelenting lockdowns in western economies
>international banking and their mouthpieces (IMF, BIS, WEF, FED, BOJ) pulling out all the stops to prop up equities

Assertion as follows: Banking money will flow to the hands of the few, consolidating transnational mega-corp ownership of assets worldwide. Large caps will have money flow in, small caps will not have money flow in. Interest rates locked at zero or negative will result in asset and equity bubbles. That is the assertion.

>> No.22341665

>>22341631
What kind of productive assets?

>> No.22341666
File: 3.52 MB, 300x193, ultra.gif [View same] [iqdb] [saucenao] [google]
22341666

>>22340905
He was quite literally the last hope we had to solve problems without ultra violence

>> No.22341670
File: 121 KB, 830x738, 1588808058537.jpg [View same] [iqdb] [saucenao] [google]
22341670

so we're pumping tomorrow? was that really it bobo, you stupid cuck? KEK

>> No.22341671

>>22341188
Here is the thing. This wasn't started this year. It started in 2009 with TARP and that money printing. The great "bullrun" of 2009-2020 was the beginning of the cyberpunk corporate dystopia.
The Fed hates the middle class or at least it appears that way given that shrinking the middle class is the most consistent outcome of its various QE programs.

>> No.22341673

>>22341641
Any suggestions on buys with the Tesla cash? appreciate the input

>> No.22341698

>>22341513
Thanks, I'll look into it. However I will say this that I don't underestimate the ability or normies to fuck it up and then write angry articles about it.

>> No.22341707

>>22341671
Correct just wish I was smart enough to see it before last month

Every central banks since Rome thinks it has it figured out, u til it doesn’t.

Once they start doing price fixing for commodities or talking about it, it’s time to go full Schiff all in

>> No.22341732

>>22341513
Oh you replied thought the whole post was links lol, no it's not at all catching a falling knife. Perhaps if you were trading on a day to day time horizon, but not if you're fucking INVESTING. I see what you're saying, but the concept degrades with anything beyond a week.

>> No.22341743

What's up with Gamestop short squeeze or something? Anybody hip to the play?

>> No.22341747

>>22341653
No stock is too "small" to be ignored by the big boys when it's undervalued relative to the market. This is insane.

>> No.22341752

>>22341743
just a lot of speculation at this point

>> No.22341755

>>22341707
>price fixing for commodities
Whwre has this happened? Would like to see how it generally goes down.

>> No.22341756

>>22341743
its not happening

>> No.22341767
File: 86 KB, 636x356, 1592619798085.jpg [View same] [iqdb] [saucenao] [google]
22341767

Im down 6.71% overall total and down 12.55% on AAPL. Im financially ruined.

>> No.22341768

>>22341743
https://seekingalpha.com/article/4372597-gamestop-short-squeeze-part-iii-atop-caldera

>> No.22341769

>>22341671
>smarts get rich
>dumbs get poor

its as if "middle class" is a product of change, a mid point, not a natural state

>> No.22341772

>>22341743
>>22341242

>> No.22341779

>>22341756
So I dodged a bullet not throwing 5k at stock anons shill yesterday?

>> No.22341799

I'll repeat my question: why wouldn't a GME short squeeze immediately result in a massive dump back to single digits? I have calls for $17 so I don't miss the /biz/ euphoria. But why on earth would anyone buy that from me during a short squeeze?

>> No.22341801

>>22341768
>seekingalpha
yikes...

>> No.22341820

Anyone got the photo of the post about the guy whos wife left him after he lost a bunch of money in tesla stocks?

>> No.22341834

>>22341799
because they're dumb. The person who sold you that call is probably asking the same thing.

>> No.22341849
File: 213 KB, 598x585, 1598157909648.png [View same] [iqdb] [saucenao] [google]
22341849

>>22340987
it's america baby
imagine how lame it would be if we had the second-largest or third-largest bubble in history. Us, the country that won two world wars, invented the internet, and landed on the moon.
We will have the largest bubble of all time, because we are the greatest of all possible countries. No one has ever had a larger bubble than us, and no one ever will have a larger bubble than us. This is it

>> No.22341859

>>22341799
it probably will dump right after if it squeezes hard. as far as selling your call the market provides its own liquidity on options, there's always a spread for a given price. Often it's a market maker covering their short call they sold or a retail trader losing money.

>> No.22341866

>>22341743
A large chunk of /smg/ is at least willing to take a small position in it. This is not a bragging opportunity, this is just a educated coin toss that is low risk high reward. Nobody is guaranteeing anything but it's a good meme play. No point in missing out. Their earnings tomorrow are already expected to be bad so there won't be any negative surprises. It's more likely to pop after earnings because of this.

>> No.22341870

You know I'm a coomer and you keep posting these thots while I'm trying to keep an investor brain chemistry.

>> No.22341872

>>22341849
isn't budweiser sell their company outside the us?

>> No.22341881

>>22340479
quick question no political discussion:
does stock market matter that much to Trump? I mean I don't give a fuck if wallstreet jews wipe everything out with 5 circuit breakers why the fuck should I blame Trump for it?
I'm voting him for fuck niggers and shits. So why does everyone say Trump is protecting the stock market?

>> No.22341894

>>22341755
FANG and tech represented most of S&P gains since March. Small caps are still struggling financially. That is the consolidation I'm talking about. International banks do money stuff --> money goes to large caps --> small caps get rekt as world continues to lock down.

/smg/ needs to remember, when a small cap gets rekt, that's a company laying off, losing staff, small towns destroyed. The banking stimulus money flowing into large caps goes to the Caymans.

>> No.22341896

>>22341870
Where's your post coom clarity?

>> No.22341898

>>22341872
Lol yes, welcome to corporate America.

>> No.22341899

Tomorrow prolly a bull trap. Dont get carried away buying

>> No.22341911
File: 289 KB, 1280x852, 1599189005408.png [View same] [iqdb] [saucenao] [google]
22341911

>>22340479
Should I sell my LTC? I bought in at 56 and it doesn't look like it'll shop crashing.

>> No.22341912

>>22340479
226th for realizing that the safest play all along was fucking Chipotle.

>> No.22341925

>>22341511
>15$ gme call
How much would you stand to make?

>> No.22341931

>>22341881
Just like any politician, Trump has interests in the stock market and so does his family and friends. Every president has financial interests they want to take advantage of when they're in office.

>> No.22341934

>>22340479
I don;t care hwat anyone says she's hot as fuck

>> No.22341936

>>22341896
Post coom clarity is a lie, constantly cooming makes you lethargic as shit, not clear minded at all
t. major fucking coomer myself

>> No.22341938

>>22340989
If you buy in its more likely

>>22341053
>expected
GME is the most shorted stock on the market. shorting it has given steady returns for 5 years
most of the shorted stock is naked shorting too and its above float.

it's a cheap bet with 7x-30x upside potential. Why not take it?

>> No.22341940

You bought the dip right? It's all up from here

>> No.22341947

I was looking into dot com bubble over weekend. We arent close to that level of insanity. Forum sites had IPOs. Massive parties etc.

Ignore anyone saying this is similar except for the fact tech went parabolic in august

>> No.22341954

>>22341899
As long as it lets me drop some bags so I can buy the real bottom.

>> No.22341958

>>22341925
I'm not gonna get rich off of that. My goal is if the short squeeze happens, I can make $500-600 and flip the call. If things continue to go well I might exercise the option. But I only have $130 on the line so I'm not going to even flinch if it expires worthless.

>> No.22341981
File: 129 KB, 1080x479, Futes5e.jpg [View same] [iqdb] [saucenao] [google]
22341981

Mumu is making a stand.

>> No.22341987

>>22341940
no there's way more dipping to be had, honestly at this point you're better off selling all your stocks and buying guns than trying to buy any "dips"

>> No.22341992

is WKHS a meme or a real shot at this USPS contract? /smg/ expectations?

>> No.22341997

>>22341958
if you wanted the option to exercise the option then why go far in OTM?.

>> No.22341999

>>22341947
If anything it's more like what ended up happening/somehow still happens with all the shitcoins in crypto

>> No.22342007

>>22341940
No because plot twist, Son isn't the big mover, but MBS of Saudi is the one option trading cause oil's shitting the bed. He's buying puts on everything.

>> No.22342012
File: 1.06 MB, 960x1174, 1589865849608.png [View same] [iqdb] [saucenao] [google]
22342012

>>22341947
the dot com bubble was super fun
we need to re-create that level of euphoria
it's like everyone in the country was high at the same time for like a year straight, we were on top of the world

we can't have the america that we deserve without truly and unreservedly drowning ourselves in the irrationality of the whole thing

>> No.22342018

>>22341981
He made a stand yesterday and how did that workout

>> No.22342032

>>22341981
>futures
You dont actually believe they affect stocks do you?

>> No.22342036
File: 2.23 MB, 400x220, 1598338413993.gif [View same] [iqdb] [saucenao] [google]
22342036

>>22341981
Yes buy the dip again. :^)

>> No.22342041

>>22342012
TSLA
But really that is the outlier. Need FB, AMZN, MSFT, and NVDA to announce stock splits for the start of true irrational rallies.

>> No.22342042

>>22342032
Its pretty accurate sometimes especially recently.

>> No.22342048

>>22341997
I don't plan on it, but I have 4 months to mull it over. My plan for the most part is just to flip the contract or let it expire worthless.

>> No.22342051

>>22340479
Is the whole market going to short squeeze

>> No.22342058

>>22342012
The weird part is, where are all the people who got rich off of it? Surely some pulled out at the peak. Wish thatd happen now. Id be rich. Hit even 1 million and id walk away and only risk 100k at best if i do decide to keep touching stocks.

>> No.22342065

>>22342051
Yes, so buy everything

>> No.22342071

>>22341934
ignoring the fact that that is 100% a male with a dick, look at those yellowing teeth anon. This delusional transvestite has no concept of basic hygiene and you find that attractive? Look at those giant goofy ears sticking out 3 inches from his head. He looks like if Steve Mnuchin was 20 and raised by a single mom and you find that 'hot as fuck'.

>> No.22342072
File: 6 KB, 161x251, [HAHAHA]_1.jpg [View same] [iqdb] [saucenao] [google]
22342072

>>22341554
>He's still holding tech
>He's still holding fucking TESLA
Get fucked zoomer

>> No.22342082

>>22342012
The shit I dont understand is whats going on with AI

It should be in a massive bubble right now but really isnt. Yet the output is impressive in vision, translation, language processing etc. Its scary how underhyped the market is about it.

Huge numbers of tesla investors like the ev side more than the ai portion. There isnt as much investor optimism and frenzy as there should be. Its Why I want any tech company even sniffing ML direction

>> No.22342092
File: 93 KB, 516x774, 1597247354040.jpg [View same] [iqdb] [saucenao] [google]
22342092

>>22342065
So you're saying I should buy calls for VTI?

>> No.22342097

I'm going to sleep rn, what do I buy

>> No.22342099

>>22341554
>buying an extremely overvalued stocked
zoom zoom

>> No.22342100

>>22342058
Mark cuban

>> No.22342106
File: 408 KB, 408x303, 449295C8-6D34-4191-ACE7-6F112594C424.gif [View same] [iqdb] [saucenao] [google]
22342106

>tfw just realized this is my dads birthday but hes dead

Fug

>> No.22342107
File: 118 KB, 307x324, 1597947495268.png [View same] [iqdb] [saucenao] [google]
22342107

>Mfw Tesla is just Removing normies and thots from the Stock Market in masses
>By the end of this year they will be back at 1k a piece

>> No.22342108

>>22342097
Unironically Disney

>> No.22342112
File: 262 KB, 625x350, 1597983641743.png [View same] [iqdb] [saucenao] [google]
22342112

How long will this bloodbath go on?

>> No.22342113

>>22342082
The big AI/ML players are MSFT, AMZN, GOOGLE, etc. not fucking TSLA. Blame the fact that the tech megacaps CONSUME ALL.

>> No.22342117

>>22342082
It is hyped in the job market and within tech though. Im talking investor side

>> No.22342126

>>22342106
nice, what did you get him?

>> No.22342138

>>22342113
Its why megacap multiples arent TOO scary but I withheld buying in july/aug mostly

>> No.22342141

>>22342112
It goes on until you start buying puts/SQQQ.

>> No.22342165
File: 2.99 MB, 628x402, 1597026464421.gif [View same] [iqdb] [saucenao] [google]
22342165

>>22342126
A disappointing son

>> No.22342166

>>22342112
Its gonna be a short bear market into election imo

Or at least treat it as such. Just hold on till stimulus passes. Up till then be cautious. Use a diff attitude.

Feel free to buy tech but buy it to hold

>> No.22342180

Can someone explain to me why the market isn't completely ruled by self learning algos by now? It seems like an environment algos would take over and break the second they are unleashed. If AI can rip the best DoTA team in the world to shreds, and force them to learn new strategies, why isn't the same happening with algos? Where can I learn about this? I have to think algos would be able to strip this space clean like they will burger flipping jobs.

>> No.22342182
File: 852 KB, 1342x766, 78726BD6ABE541BD8CED1AD1A29947E1.png [View same] [iqdb] [saucenao] [google]
22342182

>>22342165
you give him that every year anon

>> No.22342183

>>22341673
I’d wait to see if the market settles down before jumping into anything. SQQQ has been profitable, but only in the short term, no telling if the down trend will continue this strongly.

>> No.22342197

>>22340479
How do retards lose money on stocks? I’m saying this as someone who knows nothing.

I went on wsb and everyones losing everything. Apple, amazon, tqqq, and Microsoft are safe investments you can just put money in there and not look at it.

Are these retards really trying to gamble without even buying those on volatile stocks hoping they get lucky? Are they buying shit because they hear about it going high as fuck and figure to buy then it crashes and they lose it.

>> No.22342201

>>22342113
Every industry is tech now and tech is every industry. Name me one industry that won't be transformed by tech if not completely overrun in the next decade.

>> No.22342204
File: 369 KB, 1200x672, 1591701509080.jpg [View same] [iqdb] [saucenao] [google]
22342204

>Feel free to buy tech but buy it to hold

>> No.22342213

>>22342197
What are options?

>> No.22342219

hey /biz/ so I hit a Juul tonight after 2.5 months free from a 2 year pack-a-day habit, can someone tell me I'm all good? I feel like I can just go without it now but I feel like a Catholic priest who has just slept with a prostitute

>> No.22342220

>>22342197
>I’m saying this as someone who knows nothing.
Oh boy you're really gonna have a hard go of it.

>> No.22342229

>>22342201
Boomer metals

>> No.22342232
File: 94 KB, 1024x682, AF06CE7A-9539-4D11-ADB5-8A5E3224952F.jpg [View same] [iqdb] [saucenao] [google]
22342232

>>22342165
Based but he actually died when i was at peak net worth so he wasnt worried about that kek

>> No.22342237

>>22342201
Religion
Prostitution

>> No.22342242

>>22342219
Stop thinking about it
The more you think about it the more you're gonna wanna go back

>> No.22342243

>>22342180
They are, and prolly getting better day by day. AI is just narrow now so itd be hard for it to mix trade concepts. But itd demolish us at day trading

>> No.22342246

>>22342219
you're fucked m8. Why did you do it?

>> No.22342247
File: 350 KB, 368x450, 1590991103866.gif [View same] [iqdb] [saucenao] [google]
22342247

>Apple, amazon, tqqq, and Microsoft are safe investments

>> No.22342251

>>22342219
I dunno what you're trying to ask
I juul every day like some idiot zoomer
I'm trying to smoke less though

what stocks do you have

>> No.22342252

>>22342232
How do i delete photos i made a mistake please dont van

>> No.22342257

>>22341755


Price controls happened on gas as recently as the 70s anon

It happens with every fiat system eventually

>> No.22342270

>>22342220
I’m retarded and don’t read books or care about anything. I’m just gonna slowly put money into stocks that have been going up since day 1. If I lose doing that then well fuck me

>> No.22342271

>>22342180
Because no one knows what they're doing. Just because you've got a PhD in computer science doesn't mean you'll be rich.

>> No.22342283

>>22341248
That's why you just get a QV or quick visit usually 15 mins or so cheaper

>> No.22342290

This thread is cancer. Kill it with fire.

>> No.22342296

>>22342243
Why can't I run a day trading algo.

>> No.22342303

>>22342270
If that's your strategy just throw your money into index funds and forget about them

>> No.22342302

>>22342290
Forgibe me

>> No.22342304

>>22342197
I don't understand how the 90/90/90 rule can be true. I guess 90% of people just shit themselves and don't bag hold? Like, if you bought in, and you ate shit. The fuck else is there to do but bag hold and move in with side cash? Literally just wait. All crashes are nothing a year down the line. In my mind all that maters is the profit you made that exists outside the market timeline, I managed to go mostly cash before the crash. So even though I am "down" I stepped back in after the big drop. I sidestepped the brunt of it. If you took the full hit, I don't see the point in stepping out and trying to thread the needle. Take your spare cash and buy the mother fucking dip. Especially in market where the fed is fedding and basically hedging you for free.

>> No.22342311

>>22342180
You can buy and hold for weeks, months, etc. Your moves in this game can be weeks, months or years long. In that case robots don't have an edge.

>> No.22342314

Here is how it will go tomorrow.
You will not sell. You are iron hands.
Market will go up, but it will be minor.
That is fake. It isn't the bull run. The bull run is Thursday. Don't sell. Don't you do it. I know you are thinking about it. Don't. Iron iron hands. Iron.

>> No.22342324

>>22342270
why not just throw your shit into a 401k then.

>> No.22342325

>>22342247
>apple
>amazon
>microsoft
yes
>tqqq
no

>> No.22342329

>>22342271
Yeah, imagine phd economists trying to be good traders

>> No.22342330

>>22342180
Because unlike your stupid video game, the AI doesn't have access to all vital information to assess something subjective such as 'value'.

>> No.22342343

>>22342314
Say goodbye to your life savings.

>> No.22342347

>>22342325
>tqqq
>not safe
ahem... stonks go up

>> No.22342348

>>22342296
There are buildings full of top nerds workimg to beat you

Its harder to win as an amateur coder than as an amateur trader

>> No.22342350

>>22342242
thanks, I think you're right. I made a conscious decision knowing that just because I did it tonight doesn't mean I need to do it in the future.

>>22342246
Because the spirit is willing but the flesh is weak

>>22342251
GME did alright, for some fking reason GIS tanked hard today and is the only reason I was red

>> No.22342351

>>22342304
Yeah that’s what I was thinking. It’s obviously going to go down it has to. I don’t get how people are dumb enough to trade without holding some good stocks first

>> No.22342352

>>22342329
J Powell's pretty gud

>> No.22342355
File: 231 KB, 1920x1080, C4B29FFE-9D07-4F02-B224-35760C325177.jpg [View same] [iqdb] [saucenao] [google]
22342355

Make a bew thread you tranny jannies

>> No.22342362

>>22342347
and what happens when stonks go down?

>> No.22342363

>>22342290
it's simultaneously best and worst when the market throws a fit like this.

>> No.22342368

>>22342197
>Apple, amazon, tqqq, and Microsoft are safe investments you can just put money in there and not look at it.

If you're not looking at your investments, then you're just denying reality. The etf/stocks you're holding have been shitting the bed since last week.

>> No.22342375
File: 37 KB, 520x239, 5346705.jpg [View same] [iqdb] [saucenao] [google]
22342375

>>22341559

>> No.22342378
File: 21 KB, 750x387, p3zsbgoq24821.jpg [View same] [iqdb] [saucenao] [google]
22342378

>>22342362

>> No.22342379

>>22342304
>I guess 90% of people just shit themselves and don't bag hold?
Not everything perpetually goes up you retard.

>> No.22342382

>>22342229
Cult of shitcoin if it takes of. Gold Silver being replaced by some other conductor or more efficient building methods.
>>22342237
There are robo whores who already have waiting lists to buy cummed in, to the point where feminists are writing articles fuming that is dis-empowers sex workers. Roasties vagoo gets beat up and worn out. Robo whore swaps out a fresh virgin pussy everytime.

Some are already replacing religion with the cult of moral politics. Facebook is already applying the algos to milk them donations and ad revenue. You most cleanse yourself of the original sin of privilege! Donate now or burn!

>> No.22342384

>>22342378
and stocks keep going down?

>> No.22342388

>>22342065
It is eventually going to squeeze idk when though

>> No.22342395

>>22342384
see>>22342378

>> No.22342401

>>22342180
Pure OHLCV data is closer to noise than signal for machine learning applications. TA and hardcoded rulesets are still the best trading bots.

>> No.22342405

>>22342343
I have iron hands.

>> No.22342414

what effect will bad vaccine news have on the market? Will quarantine stocks go back up? Would puts on recovery stocks be a better idea?

>> No.22342418

>>22342395
tqqq is mixed for me but i wouldnt use it as a main qqq but an addition to qqq like i would hold both

>> No.22342429

>>22342348
Yeah, but how am I not able to submit my money to our AI overlords and reap that pristine performance profit for a fee.

>> No.22342431

Anyone else in on xom after the hit?

>> No.22342436

>>22342180
But it is? Most day trading is done by algos these days. But algos aren't perfect at it and it's not hard to tip off algos to your own benefit. In the end of the day, algos can't beat MMs with their enormous capital.

>> No.22342463

>>22342429
We need an algo traded ETF

>> No.22342487
File: 272 KB, 976x1030, 4F1D0541-BA4D-4674-8FFA-A33A757E25D9.png [View same] [iqdb] [saucenao] [google]
22342487

>>22342431

>> No.22342491

can anyone red pill me on us oil? why line go down

>> No.22342507

>>22342491
SA

>> No.22342510

>>22342491
Saudi lowered prices

>> No.22342511

>>22342491
OPEC BRRRRRRRRRRRRRRRR

>> No.22342516

I dont get the gold meme. Aren't you supposed to buy gold when nobody gives a flying fuck about it and wait 10 years for it to enter back into the discussion, then you dump it on people and let them bag hold for 10 years? It's not like gold can innovate, it will always be gold. Nobody is going back to gold back currency. Gold will be gold.

>> No.22342522

>>22342491
1. dollar go up
2. oversupply
3. less demand

pretty basic

>> No.22342535

>>22342516
Yes. The people compare it to fiat instead of stocks or other investments.

>> No.22342544

>>22342522
Oil is coming back big in a few years max. Buy while it’s low.

>> No.22342548

>>22342463
I want to make an ETF that buys equal amounts of TQQQ and SQQQ with the goal of maintaining a fund where the value never changes.

>> No.22342552

>>22342541
>>22342541
>>22342541

>>22342541
>>22342541
>>22342541

>>22342541
>>22342541
>>22342541

>>22342541
>>22342541
>>22342541

>>22342541
>>22342541
>>22342541

>> No.22342577

>>22340626
Ive never seen a smile so ugly

>> No.22342578

>>22342429
Thing is, once the AI is fed enough data it will win in ways we wouldn't think of and make connections that won't make sense, 100 moves in advance, but will win anyway. CEO of Wendy's found fucking children in Taiwan? Ai knows that it needs to all in on puts on Japanese whaling vessels and place a call spread Australian lama wool.

>> No.22342588

>>22342463
in revealing holdings and whatnot they give away a good portion of the algo, in that you can look at changes made in the underlying assets to determine what triggered buys/sales. Additionally, those algos are used to make a greater rate of return than a retail investor would normally get, what incentive do they have to create an ETF managed by an algo? They make money when others lose money. All this would do is allow their algorithms to be exploited at their expense.

>> No.22342592

>>22341200
>Was down over 20 grand because of Tesla, sold at a loss today but decided to go all in on my short positions
Retard, but I expect nothing less from a cum brain.

>> No.22342606

>>22342516
Gold's competitor is bonds, not stocks, and specifically treasuries for conservative investors. Guess what has been thoroughly trashed for the foreseeable future? Zero return gold is still better than negative real return treasuries. It is just more recently that was there a capital appreciation component to it, especially silver.
>but isn't gold's value arbitrary
The only things without arbitrary value are arable land and potable water access. Everything else is a proxy to it.

>> No.22342632

>>22342588
I feel that enough algos learning and adapting off eachother could break the entire system.

>> No.22342649

>>22342606
thats a pretty based explanation thanks

>> No.22342661

>>22342330
Neither does the entire rest of the fucking market lmfao, just look what happened with Tesla.

>> No.22342747

>>22341934
Anon it doesn't have the hour glass form, that isn't a woman

>> No.22342759

>>22342747
>doesn't have the hour glass form, that isn't a woman
Land whales btfo

>> No.22342948

what's the consensus on tesla

>> No.22342981

>>22341268
What's the story? Got a link to thread? I missed it but saw him post. Did he forward a picture of his balls to his contacts list or something?

>> No.22343042

>>22341673
INTC. So cheap right now and all potential bad news is priced in. One positive catalyst and it will be easy to get a 20-30% pop.

>> No.22343056

>>22342981
He jerked off under his desk while other people were also at their desks just a few feet away from him. Apparently even came on the floor. Probably just a LARP.

>> No.22343090

>>22341554
Look up Dunning kruger effect. Your chart is perfect.

>> No.22343202

>>22341219
Wet Ass Pussy. Very foul