/biz/ - Business & Finance

BASED OP edition

Should I dump NET at opening tomorrow? This was the only position I had that I wouldn't be comfortable with in a down turn.

>>22367540
I'm going all in on GEO and Corecivic the week before election gonna drop $500 on call options. You faggots better take my advice rn

nasdaq futures teetering
DXY teetering
VIX creeping up
outlook: who the fuck knows?

fed pls pump

>>22367540
will oil ever climb back to $60

>>22367574
I’m wondering this too. All my other stocks are real companies but NET is a fucking joke and I fucking am going to kill myself for buying like a fucking retard at $45 last month when I could have put that money literally anywhere else and not lost 25% of it

You want to know what has been a bigger meme than TSLA? Wayfair
There is no good reason for its price movement over the past 6 months

>>22367540
Accept African Pyramid Ride To Moon?:
A) Yes
S) Yes but sarcastically
D) I'm not ready to leave yet (finish TSLA short side quest)
W) Yes ;) (Flirt with Sam)

Buy EZA and give up on TSLA anons

so GMEbros... how is that short squeeze?

only in this low iq cesspool would people be buying up shares of oil companies while being bearish on tech lol

Was today the bull trap?

>>22367574
fucking shit service that supports illegal and other life ruining activity with no remorse
can be replaced by amazon or google in over a single night
garbage humans running the company

>>22367608

bought the dip and going long until console release

>>22367604
Starts with cheese, ends with pizza.
That is why it's moving

>>22367600
Absolutely yes it will. And it will continue well beyond that point also, as Africa, India, and China undergo their industrial revolutions and the global population expands. Oil is the lifeblood of the human race.

>>22367624
>buy high sell low or you're stupid

>>22367626
this is based on that one 3dpd gif from more than a decade ago isn't it

THERE GOES $400 DOLLARS IN GME CALLS YES THATS FINE

>>22367643
no it wont which is why you need to buy EZA, cheep oil makes developing non oil producing nations cooooom

>>22367585
Another pump upto about 283 then the real dump begins to 250

Classic abc correction so far

>>22367585
tfw set limit buys for TQQ, SOXL, SPXL at 122, 222, and 53.3 respectively. hoping dubs lead me to free lunch moneys

Which one is better? they seem almost identical to me except Sony has that new dualshock and better exclusives.

You are approached by a stranger and offered to take one of these, which do you pick?

>$1,000,000 USD
>98 Bitcoins
>514 Gold Coins (1 ounce each)
>2,943 Shares in SPY

Tax free btw

http://www.strawpoll.me/20914393

>>22367643
>>22367600
however that doesn't mean any oil related stocks will follow, they will take years to follow up and continue to crab for eternity
stop buying oil stocks

>>22367574
>>22367603
>>22367632
You guys obviously don't understand the scope of what Cloudflare provides. They pretty much run the internet. I bought in at $39 and am holding it forever.

>>22367590
commit unlife

>>22367626
There is no reason to dump further. We also had a big drop in spring 2019 based on "stocks overheating" and it went back up quite fast. No fundamentals changed. Even if we Snib Snab a bit it's just an opportunity for theta parasites like me.

>>22367668
Maybe? idk its from High School DxD

>>22367685
Sorry should be clear that’s on QQQ use those to set buy/sell points for tqqq and sqq

>>22367608

Don't really give a fuck since I just sold ITM calls earlier and bought an OTM with the premiums in case today's AH was a ruse. Can't wait for the bell to ring again tomorrow.

futures look like they're teetering. who else nervous af?

>>22367702
>They pretty much run the internet.
lmao no
they are quickly becoming redundant and will disappear within a few years if not even 2 years

Can’t wait for Friday since it’s payday, which means more money for my Stocks: The Game

>>22367707
>There is no reason to dump further
assuming trump wins

favorite stocks to sell options premi on?

>>22367702
Name one thing memeflare does that google or Microsoft can’t and won’t do themselves. Why invest in some speculative meme company when I can just buy google?

>>22367701
That's very true, and depending on how the Saudis/Russians decide they want to play (I believe they were colluding to depress prices back in March and using "lack of agreement on production cuts" as a cover story) it could stay ugly for a very long time for oil majors.

If you want to invest oil, pick up some midstream too - and energy companies while you're at it - to hedge a bit. The entire energy sector is massively undervalued.

>>22367726
The Jews are trying to scare you, don't let them.

>>22367696
both set deep inside companies where they barely dent it.

if only gaben would let us by Valve stock. steam->valve is unironically one of the best businesses in the US.

>>22367754
>assuming trump wins

>>22367643
>as Africa, India, and China

Aren't those countries are already switching towards alternative, sustainable forms of energy

>>22367702
comfy, I’m in at 38.75. Will probably hold for years

>>22367775
lmao

>>22367749
Based. I’m getting a $7000 bonus from work spread out over the next month and a half, that’s about a 20% gains without even opening my brokerage account. can’t wait to get more meme points for Stocks: The Game

>>22367754
>assuming Trump wins

I wish the market never closed

>>22367772

Why would the Russians purposefully depress prices? To kill US shale? That entire sector will be bailed out by the US govt. It's a strategic asset.

>>22367772
>The entire energy sector is massively undervalued.
it will lag behind s&p for years

>>22367698
The USD or SPY.
Then the gold
Then the BTC
>>22367726
Not really.
Nothing changed.
>>22367754
>Thinking there are two parties
Trump has no real power and neither has Biden. They are puppets. You merely switch one actor for another.

>>22367781
lol not sure wat u're trying to say there but u have patrician taste. qqq down to .09% now.

>>22367802
then it would be literally be nothing but algos during sleeping hours. you'd want that?

>>22367705

>>22367702
>>22367747
They have a large user base due to their free offerings. Customers who use cloudflare say their tools are simple (for free usage) but don't match when going against AWS or fastly.
If NET can bring that free user base to being paid users, I can see where >>22367702 is coming from. But like I said, if shit hits the fan, I don't think the bags will be worth it

>>22367698
Gold easy

>>22367800
pic-of-biden-voter-ignoring-trump.jpg

Realistically what happens if Biden wins in regards to the stock market? Don't want to be like those who got left bagholding from Feb. 2020 highs only to panic sell in March lows or end up owning shares in companies that haven't recovered (eg. oil)

>>22367802
Nah. The market needs closing times to reflect.
A rout can turn around the next day instead of turning into a panic. And a huge pump could just go from 1 to 100 back to 2.

Also I don't want to look at my broker all the time.

Just ordered a £230 rice cooker

Tell me it's gonna be OK GMEbros
Tell me my $500 in October calls isn't going down the drain

>>22367855
No election in American history has significantly affected the stock market beyond a short term sell off before it
>b-b-but this times its different
Literally said before every single election

>>22367855
Didn’t he announce something like 25% corporate tax and 10%offshore penalty today? I’m guessing panic

>>22367874
google suicide hotline

>>22367696
complete backwards compatibility on the xbox is pretty big

>>22367874

HOLD until console release

>>22367868
they're that cheap nowadays?
what country did you pick? thai? viet?

>>22367855
if biden wins we will fall at least another 5%, and given this retard market we'll likely overshoot down to 7%. if trump wins we'll moon yugely

>>22367808
Yes that’s exactly why, they both want to hold on to being the main oil producers.

Saudi’s and Russia make out at 10-15/ barrel now so anything above that it’s in the bag. Shake take 40 to break ever from my reading.

Lots of the wells, once off, can’t just be restarted it just doesn’t work that way. They are trying to slow bleed us until everyone is out of the game and bankrupt
Larger companies that have cash to weather the storm will swallow up small ones.

But guess what happens then? Uncle Bigdanov and Muhammad jack up prices once US can’t make any easily.

TLDR oil is a good long term buy no matter what.

>>22367874
Hahahaha holy shit why the fuck would anyone buy GME its been a dying company for a couple of years now

>>22367901
https://www.yumasia.co.uk/zojirushi-ns-tsq10-rice-cooker

>>22367886
But this time [blue/red] will beat [red/blue] and the companies funding both sides and having people in all positions of power won't like it if [red/blue] wins.

>>22367600
Eventually.

Bears got too cocky

>>22367886
>short term sell off
yeah just a -10% nothingburger sell off

I'm the dude who ate all the almonds last night. I'm still shitting out a few whole ones but it's mostly subsided.

>>22367784
No. Alternative energy is a meme. Hydro is legit but everyone always agreed it was, and most are already built. Wind and solar cannot make up the bulk of energy production for major economy.

>>22367855

Thermonuclear War

Tomorrow will be a good day

>>22367911
because /biz/ told him to

>>22367886
Reason I'm worried is his stance on stocks. Refer to >>22367889.

>>22367891
Wouldn't surprise me if huge dump were to happen the day after the annoucement IF Biden were elected.

May be to late for me to sign up to vote (haven't voted before)

>>22367851
>scientists create synthetic gold and now your coins are all worthless

>>22367938
>Wind and solar cannot make up the bulk of energy production for major economy.

Germany literally staked its entire economy on going full renewables

Thank you

>>22367950
How well did that work out for diamonds?

>>22367948
>Reason I'm worried is his stance on stocks
This has been the most TINA rally in American history. How does that end TINA? Also congress votes on taxes, they aren't issued by presidential decree.

>>22367942
What’s your Tesla play? Gonna hope for a $500/share recovery? Sell at 420? Or shoot for the moon?

>>22367886

S&P 500 dropped 30% after Obama/Biden won the 2008 election.

>>22367950
They have only been trying for 2000 years I’m sure they will get it soon

>>22367600
Consider how desperate many countries are for income right now. Several of them are heavily dependent on oil for that income. They’re not going to shut off production and they’ll all fuck each other overproducing to capture that income

>>22367948
just request an absentee ballet or better yet wait for mail in ballots. i hear its all the rage these days. fuck voting in person

>>22367868

>>22367960
The price of diamond is based on a tightly held monopoly, and not scarcity.

>>22367896
What kind of stupid fucking reasoning is this? You think its dying because there isn't enough games/consoles to buy??? Its dying because of its horrible business practices and literally everyone else does it better.
>go to gamestop
>filled to the brim with useless merchandise
>get bombarded with questions
>leave annoyed af
Compare that to fucking best buy or some shit who often offer discounts and always offer curbside pickup.
You are fucking delusional. Every business will be selling consoles. Gamestop will be a last resort.

>>22367982
I know.

>>22367957
And they import French nuclear LOL

>>22367971
Pretty sure 2007/2008 was due to something much bigger than which senile boomer got to live in the White House

>>22367971
2008 is an outlier in terms of magnitude but consistent directionally with sp500 election performance.

>>22367990
Um ok i'll clear it up

HOLD until console release THEN dump

Good?

>>22367626
No way to know. It can take a couple weeks to have a good grasp on the likely trend going forward as far as TA is concerned. FA wise things are in okay shape. PMI and job numbers are set to continue to improve. Corona virus data and projections are improving despite certain zealot attempts to skew them. It has become clear that covid is not lock-down-the-economy dangerous to median healthy people under 65. The only thing scary to me about covid right now is political fear stoking to use it as an excuse to make policy detrimental to the economy.

>>22367874
straight to the trash with the rest of your dreams anon

>>22367957
>Germany literally staked its entire economy on going full renewables
Sure, by contracting out the bulk of their baseline load to French nuclear reactors. Literally the only way to do it unless you are blessed by geology and geography (like Iceland) is to have nuclear reactors. The duck curve effect is too strong.
>but BATTERIES
This is why I am immune to TSLA memes about batteries. I have seen far more consistent, easily disproven memes about energy storage with wind/solar for a decade.

>>22367971
>subprime mortgage crisis

>>22367889
>>22367928
>>22367903

Okay, serious question: If we believe Biden is getting elected, should we sell off our stock right before election week and then buy it back right after?

>>22367990
not defending GME but last time i've heard they're switching up their business to a gamer cafe style.

>>22368002
>>22368003

2020 is an average year too.

>>22367999

And building another russian pipeline, yeye. Still, their longterm plan is to wean themselves off carbon completely.

>>22367702
>cloudflare
You mean the annoying company that "stops" ddos attacks that will likely be circumvented sooner or later (come on you dont think non normies and normies enjoy waiting to get through its purposeful delay do you?)

>>22367698
The dollars and then diversify into all of the above categories and more, including real estate and Digimon cards.

Name some good underrated growth plays. I’ll start
>ATVI
>SNE
>UPS

>>22367929

>>22367855
Bidens campaign ends the second he and trumps loafers click against the same town hall stage at the end of the month. No one, not even the DNC, takes his post debate chances seriously, which is why they barely promote him.

He's an old white guy just like Donny. Trump can use the same sort of humor that won him the last election and he has no race or gender armor. No one is going to feel bad for him. He can barely talk anymore even with someone tellling him what to say in his ear while speaking to reporters who live and travel with him that want to make him look good. No Biden victory is priced in because it won't happen.

>>22368029
serious answer: short between now and mid oct then buy back at oct lows. we'll end the year positive.

>>22367999
While shutting down their own. I really don't understand what the fuck the krauts are thinking.

>>22367971
Lehman Brothers collapse was September 15. The 2008 "crash" happened over the span of nearly a year.

>>22368035
Not saying we’re not gonna have a financial crisis soon, I don’t have a crystal ball, but you can’t blame 2008 on which boomer other boomers voted for

>>22368009
I guess but that same reasoning would apply to literally anything else that sells games
Probably not as cheap as gamestop stock though
>>22368034
Then they are attempting to profit on over priced candy and soda
Yeah that'll work

>>22368038
Don't forget while also reneging the protection for good publicity.

>>22367907
Yep, well said. Also, Saudis and Russians might technically be profitable with oil so low, but their governments depend on a certain level of cash flow to fund their domestic spending and it hurts them to depress prices like this.

Futures aren't looking too hot, SQQQ tomorrow?

>>22368057
I'm kinda concerned the DNC might pull some shit like a deepfake or body double. The debate will be televised raep otherwise.

>>22368037
It’s all the usual European stuck up pipe dream bullshit

They say the us is bad they are the new way to live bla bla bla but they burn Russian oil and French nuclear

Fuck Europe it’s a rotting body.

That’s from a european expat who came to the USA. God I love it here

>>22367967
Shoot for the moon.

I wanted to buy more but I dont have the liquidity to do it right bow if I don't sell something.

Battery day will bring it up.

It was stupid of me to buy at 480

>>22368064

Fukushima happened and public sentiment eventually won over. Still, the argument against nuclear is it's a lot more difficult to manage energy output

>>22367853
There is no Biden voter who has the mental capacity to ignore Trump, that's why the rest of the world has to change.
>he said something offensive on 'name your fucking platform here'
>i better correct that instead of just 'insert easy solution here'

>>22368087
Seems like more of a crab day than a big dump.

>boomers rambling about politics
Nice /smg/ discussion bros, but check out these DUBS

>>22368118
>talking politics
kys

>>22367695
My nigga

>>22368099
Yeah I bought one at $490. I was retarded.

>>22368098
based.

>>22368057
There's no way in hell the debate will happen, I'm willing to bet that they will stage something and refuse to debate over it

>>22368086
True but they are willing to take the pain now, for killing competition. It’s the same move they pulled decades ago. They got us hooked on cheap, killed domestic, then prices moon

History doesn’t repeat, but it rhymes

did U.S. assassinate russian politicals just to kill Nord Stream 2 Pipeline?

O_O

>>22368087
>Futures anywhere between +/- .5%
It's just normal crab futures.
They are healthy for the market and my heart

>>22368087
Way too early to tell. But I agree, Futures aren't super hot, the dollar is strong-ish, and vix futures are going up. I think people might be mildly worried if this pump today was real or not

>>22367696
i'll buy whichever one gets jailbroken first

>>22368144
My exact fucking point anon, you've told me to kill myself not knowing or caring what my actual mental personality is like, but instead of crying about it on my twitter I just remind you that you're the dumb fuck who started it >>22367754

Pokeyman editions make people lose money. This is FACT. Do not be deceived by pokeyman posters and report then to the SEC

>>22368120
good time to be selling premi

>>22367957

How can u be this retarded?
Everyone knows the battery tech isn't there yet, even the enviromentalists. What were you thinking happened? Rolling blackouts like Baghdad at the Mercedes factory on cloudy windless days?

Renewables drive the cost to consumer up massively, and often end up causing even more utilization since they fuck up grid balancing.

We have a perfectly safe form of clean energy in the form of nuclear power. But retard environmentalists hate that too because some dumb commie stuck his graphite dick in too fast. If people actually gave a shit about the environment vs just wanting to be mad at their dad and anyone in a nice suit, they'd put their money into research for treating radioactive waste vs endless dollars into solar and wind which will prbly be viable after fusion anyway.

>>22368098
>Fuck Europe it’s a rotting body.

The thing with Europe - or rather, the EU - is it mistook finance for foreign policy. We've been left with our dicks in our hands after the US decided to priorities Asia and are trying to make up for it. Still, on who do we rely? Germany and its non-existent army? The fucking French? Our best bet is trying to play the US and China off against each other, but hawkish Chinese diplomacy is making that increasingly difficult

>>22368155


My mom might as well be a Big Mac and my dad a bald eagle.


Fuck Europe and their pretentious bullshit , enjoy the Somali hoards you pieces of shit.

How do I short Europe?

>>22368168
feels bulltrappy but what do i know

>>22368183
crying about what??? im not crying about anything... ur the one crying. idgaf about politics i just want to make money. fact that u dumb fucks aren't laser focused on election risk is proof that "do the opposite of biz" is the way to go

>>22368146
Bro did you just copy my dub scheme for eternal crab day? we're about to get bogged now.

>>22368249
>fact that u dumb fucks aren't laser focused on election risk
People have been bringing up election risk for weeks, where you been at?

>>22368206
Based. My family came to America in 1630. Had 9 family members die in the Revolutionary War. I will not let their sacrifice become meaningless.

>>22368159
Yeah, it's a waiting game. I don't think they aim to take out XOM or RDS.B (I don't think they can.) But they could certainly make it painful for a long time.

I will say that their goals are already largely accomplished - even XOM, who went hard in CAPEX and refused to cut it until it recently - has cut investment. Investment in exploration and production is down across the board, esp. US Shale, and the Saudis are having to loot Aramco and force production higher to fund their domestic spending. Similarly, a lot of Russia's domestic policy goals center on having certain levels of cash reserves and cash flow that depend on oil being higher.

I think the bottom line is that demand is down, and really hasn't recovered to the point where oil can justify >$40 yet. I think we'll see >$40 in 6 months and >$60 in 12 but it just depends.

>>22368047
3x S&P and Nasdaq tbhfam. I did a bunch of data crunching while unemployed on the corona dole this spring/summer. In order to beat leveraged indexes you need to get pretty lucky picking the exact few companies that really hit the gas. If you pick wrong you underperform. If you pick half right and half wrong you still underperform.

My conclusion was to swing trade with the following ratios for optimal realistic results with wide diversification:
>45% TQQQ
>45% SPXL
>10% individual selection(s) or commodities like oil, natty gas, shinies
On the post-March rebound this year your best ratio would have been 100% TQQQ because of the tech run. That violates the diversification rule though. Gives no protection against sector rotation.

>>22368274
whats ur game plan?

>>22367696
>buying consoles ever

>>22368185
Some of you guys are alright
No one buy any Pickachus tomorrow, sell any you're holding

>>22368277
based
>t. /oldblood/ also

>>22368201
Yeah I get that, but that’s all because the counties (states of Europe) cucked out to the new wave socialist green bullshit and killed what little of the middle class is left.

Europ is essentially now a monarchy with bullshit “officers” as lords and eu reps as bishops and pms as Kings.

Once they got rid of religion, their spirituality became the state.

Disgusting so glad I’m out of that shithole.

>he's still not beating SPY year to date after having wasted hours on here and "trading"
>even worse, his shitty buy and hold dividend folio isn't beating SPY
at this point, just give up, buy SPY and log out and stop looking

>>22368287
no plan needed, doesn't matter who wins market is tanked by February next year, buy your puts anon

Is anyone long SMICY?

>>22368338
so u dont know anything...

anyways im out. ignore election risk at ur own peril

>>22368196
Well, for one thing, Germany's started closing its nuclear power plants because renewables and nuclear just aren't complimentary. Nuclear added congestion to the network, 40% of which is made up of renewables. Trying to pair the two is difficult because of the unpredictability of renewables and the subsequent difficulty in trying to modulate nuclear power plants, the energy of which can't be easily stored.

>>22368100
I'd just like to clarify here, for OCD's sake, that it's difficult to manage nuclear output when coupled with renewables.

>>22368157
Well you can't exactly run a stand up to Trump campaign then run from him tail between your legs. Even libs who recomend it now would come to despise him for it in a few weeks after thinking it over. Nor would Joe's personality allow it.

It's already a decided thing.

>>22368285
I think baseline demand is strong and will come back on quicker than expected

Reserves are dumping already and like you said production is going down.

Those two combined lead to a shortage

why futures go red?

>>22368383
line go up, maybe line go down now?

>>22368383
because line go up

Is anyone bullish on the Chinese stock market?

>>22368201
This is why I want a combined EU.. a combined EU would have a population of 440m, a gdp of $18T and a military budget of $300b (~$40b more than China currently spends on its military). BUT I refuse to back that project as long as we have these current leaders and politicians

>>22368331
>he doesn’t beat SPY in this market
???
Either way I still have a third of my stock points in IVV. Buying the S&P is basically buying the american economy and you can’t go wrong there. I just like owning individual stocks as well.

>>22368383
chop. like I said further up it takes some time for drastic moves on index to sort themselves out.

AUY

>>22368383
They are pretty flat right now. VIX futures are up, which isn't good, but it is still lower than it was when the Dip started on Thursday. Dollar is slightly weak, which is good. Overall it is too early to tell, and you guys are also retarded for thinking .08% in one direction or the other in futures, 12 hours before Market Open is something to infer anything from

Iron hands, Biogen investor here.

Listen up. I told you yesterday exactly what would happen. I said we would go up but not by a super lot. The reason is because though there was tremendous value people sold as soon as it went up because they feared taking all those Tuesday loses.

So tomorrow we will go down in the morning to shake out the fearful thinking it is a repeat of Tuesday. When that is over we will rally hard. This may just be one of the best days ever.

You have been warned.
Do not sell in the morning.
Iron hands. Iron, hands, iron!

Does anyone think intel will outperform AMD and NVIDIA over the next 5 years?

Buy HTBX

https://news.berkeley.edu/2020/09/09/for-an-effective-covid-vaccine-look-beyond-antibodies-to-t-cells/

>>22368413
there are people here that waste hours constructing a dividend chasing portfolio then shilling it and still not beating s&p

>>22367874
I sold my Jan calls a little too soon, but still made a nice profit. Now I'm going to wait to see how low this goes and use my profits to buy back in.

>>22368441
Do they wear aprons to make sure they don't get any cheese on their nice suits while they're cooking?

>>22367868
just make it in a pan

>>22368441
I think that of TSM. Intel makes great products though and has had a de facto monopoly on graphics cards for a few years now.

>>22368448
Fuck biopharms

>>22368430
very interesting, doesnt look like a girl nor boy

>>22368450
There are also retards here trying all these fancy options and day trading strategies and end up losing all their money. Boomer buy and hold will always win and remember that averaging up will always beat averaging down.

hold chad here... trying options. if im trading options and get assigned to a contract i sold, do i need to pay extra? or does this only apply (that is, assignment) if i WRITE a contract.

the only loss i can incur from trading options is the premium i pay for the x100 shares, right?

>>22368430

post the cute bubble butt pic

>>22368439
Based. I agree with you. VIX futures a little up right now (but still lower than when the dip started) only because some people think it will be a Bull Trap. But otherwise, I think we pump tomorrow about midday-ish

>>22368196
https://www.terrapower.com/our-work/traveling-wave-reactor-technology/

Literally would can utilize about 95% of what is currently considered nuclear waste in its fuel production and exponentially reduce the 1/2 life of what remains after utilization. Test reactor was supposed to go live this summer before the US suspended ALL nuclear technology sharing with China (where the test reactor was built because environmentalists would not budge with the permits here in the states).

>>22368506
>averaging up will always beat averaging down
Trying to learn that lesson myself.

>>22368441
not possible, intel is shit

>>22368508
I don't believe you have the basics down, please read investopedia and wikipedia a little more

>>22368262
Yes

>>22368532
One of the greatest tragedies in technological history is the insane pandering to fucking RETARDS on nuclear. It is safe, clean, and cheap. We could have $2.00 oil and total energy independence. But no.

>>22368508
just do it bro who cares

>>22368532
>because environmentalists would not budge with the permits here in the states)

WHY are greens so retarded? I mean I guess I can understand the apprehension one might have towards a potential nuclear reactor's if you were afraid they were all going into meltdown at the same time

>>22368375
>it's difficult to manage nuclear output when coupled with renewables.
Wait, if this is true, then how are you drawing in power from France when the majority of their power production is from nuclear?

>>22368375
Look, whatever. If you want to listen to a bunch of billionaires telling you that you need to hand over 10x per watt because climatologists, the utter extreme of systems "science" wank, who can't even predict the path of a hurricane 48 hours out and be right even 25% of the time, are telling you what the whether will be like in 100 years, be my guest.

I'll be outside grilling a hole into the Ozone with Carl and Master Shake.

>>22368508

The only loss you can incur from BUYING options is the price you paid

The potential loss from SELLING options can be infinite.

If you get assigned (Cash secured put- sold a put), you keep the premium, and you pay the STRIKE PRICE

>>22367590
They did, is that not why it's a green day overall?

If the market is so "efficient" you may be asking yourself how is it possible to so easily outperform it with something like TQQQ. Why don't all hedge funds just dump their shit underperforming strategies and all in leveraged ETFs?
The answer boils down to what actually constitutes outperformance. The term we use to refer to outsized returns in stocks through skill is alpha. Interestingly leveraged ETFs do not actually exhibit any alpha. Their alpha moreso is slightly negative due to the fees involved. The reason the TQQQ in your portfolio outperforms the market has nothing to do with your skill as a stock picker and relies totally on another term, namely beta. Beta is the multiple of expected returns a basket of stocks returns as measured against an index. The relevant index for TQQQ is COMP which is a mechanically generated composite index of certain Nasdaq stocks. At one time it may have been arguable that picking the stocks in the COMP index was itself a skill but that skill has been mechanicalized and arbitraged out by theory leaving very little if any skill in the process.
So that brings us to the case of TQQQ and its absurd ridiculous returns. Those returns are a mere product of beta. The beta of TQQQ is 3 above the daily baseline COMP because TQQQ is 3x leveraged and rebalanced every day. The "outperformance" you receive involves no skill and is only predicated on COMP having positive returns over the long term.
This is why hedge funds don't typically drop their strategies and go all in TQQQ. You can't sell that because there is no skill to talk up to the client. Its a simple bet on the world markets expanding in the long term.
When you decide to all in TQQQ and hold that is what you are relying on. Not skill. Not picking great stocks. No alpha whatsoever. Hopium in the form of beta. Fortunately you are almost certainly right because true alpha is fiendishly difficult and few hedge funds can pull it off. Even Buffett has lost his shine with the value schtick

>>22368578
Damn I miss being in high school smoking pot and watching ATHF when I embraced being a loser instead of trying in vain to correct it.

>>22368508
You can only be assigned if you write a contract. If you sell an option that you purchased through the brokerage, then you are selling that contract to someone else to close your position. The only potential loss from BUYING calls and puts is the premium you paid.

>>22368288
It's kind of an Anglo-American-Japanese and Mexico tradition.

>>22368566
nice dubs fren, dubs confirm the dubs. hopefully we get sick dubs over 5% tomorrow.

>>22368506
haha, imagine losing $5000 on QQQ puts during the biggest QQQ crash of the past 4 months!

>>22368582
>>22368616
thanks bros

>>22368564
-20% for you tomorrow mister

>>22368597
So buy TQQQ?

>>22368624
Japan I can understand, North America has no excuse.

>>22368597
bla bla bla, you're a retard
the simple answer is when you have billions of monies you want to preserve it not risk it with tqqq (not that you would even be able to buy tqqq with billions, just an example)

Bill trap confirmed anons

Retail is still very bullish, the dump will continue end of the week or next week on bank rebalances on the 14th

>>22368535
Yea that hurt me when i first started. First stock was 5 Apple shares back in 2018 but I refused to buy any more after that because I didn’t want to raise my average cost. Finally stopped being retarded in March and dumped $4000 into Apple and bought a little more each week until they announced the split.

>>22367698
Gold without question

>>22368567
Which is exactly why they don’t want nuclear. They make a killing on useless solar and wind projects.

>>22368652
The excuse is having friends you see in person of whom you play games together.

>>22368582
That isn't true about selling options. For example, say you sell a cash secured put on SPY with a strike of $320. You have to put up $32k and yes, the possibility exists for you to lose all of that $32k if SPY goes to $0 but that is a finite loss. Not to mention you keep the premi no matter what

>>22368057
This guy gets it the reason the market is at all time highs is because the street knows Trump is 90% to win

>>22368650
Not a nigger so the answer is yes
>>22368660
A nigger so neck yourself

>>22368668
show your put positions then

>>22368668

>>22368707
retard

>>22368741
faggot

Fuck jannity

Is anyone here in VSTM? New data coming out soon. Hoping for a pump.

>>22368757
you're a retard if you think funds with billions of money can just buy tqqq "becuz it out performs!!!!"
you think somebody with billions wants volatility? shitbrain

>>22367540
I want blood red tomorrow

>>22368799
Shut up faggot. Not reading your drivel

>>22368597
it's all about risk, genius. TQQQ is incredibly risky.

>>22368805
>>22368799
Now kiss

>>22368700
Yeah, pre-2010. Who the fuck meets up with friends to play on a console nowadays? Nobody. In Japan everyone has one because it's pretty much a part of their culture and they have no friends to play with, it's just solo shit. Nah, you have no excuse at all.. north america are a bunch of weirdos

>>22368805
FUCK YOU

What will happen when the biggest margin call on retail investors happens.

https://finance.yahoo.com/news/43-of-retail-investors-are-trading-with-leverage-survey-172744302.html

>>22368573
>WHY are greens so retarded?
Because their stated goal is not their real goal
It's got nothing to do with saving the planet and everything to do with crashing the usa

>>22367600
No. There's a big trend for renewables. Demand will never be what it was in the last decade and if the price goes North of 60 supply will just increase and bring it back down. There's just not enough demand anymore

>>22368716
I just swing tqqq sqqq I don’t do options

Once cpce crosses from below .8 to above it can signal a pull back.

Doesn’t mean it will crash can be a pull back but it’s a solid indicator of pull back.

>>22368701
He said "can" not "is always"

>>22368689
Yeah. It's mostly a marketing tool to drive new trends. Also a way general casus belli which can be aimed at anyone with a decent amount of media pull and competency can aim at someone, a lot like the made up race baiting shit that no actual black people care about.

It's a social thing, some made up bullshit to be the stiring rod for global events and the economy that people of every age make up to give their existences meaning. Then 200 years later you're getting called a retard by kids in an HS class for ever disagreeing about the idea.

Slapping solar panels on every available surface and covering the planet with disgusting rotating cell phone towers when nuclear is perfectly viable and takes up the space of a few sports stadiums is one of the things the HS kids of the future will call us retards over.

>>22368814
Yeah shit for brains that's the point about beta you and your girlfriend are too stupid to comprehend
>>22368834
Too busy fucking your mom

>>22368814
>TQQQ is incredibly risky
considering TQQQ seems to be the obvious choice for a buy and hold investment over the past 20 fucking years i dont agree. if you have a steady job and are okay buying the dip youre fucking fine. stop being a pussy

>>22368577

I'm not German. And reading up on Germany's relationship with France in relation to German imports of French nuclear, I couldn't really find anything eye-catching. All I found was an article that claims France can't even sustain its own demand for energy on nuclear alone, much less Germany's.

>Retail loaded up on puts
>Desperate bears
>People going all in on calls
Yep. It's Snib Snab time.

>>22367607
thats a good shitpost mayne

>>22368831
Did no one do lan parties?

>>22368875
we're talking about billions of $ here not your 4 figure potato account in terms of risk

Why are the futures frozen on investing.com?

>>22368851

That's a shame. Something powerful about the oil industry that renewables just fail to capture.

>>22368845
>https://finance.yahoo.com/news/43-of-retail-investors-are-trading-with-leverage-survey-172744302.html
>The poll surveyed more than 1,000 Americans, from Sept. 4 to Sept. 6.

Trash sample size.
Also, the people who are likely to answer these polls are more autistic/less risk-averse, AKA normies aren't as leveraged as people think.

On top of that, retail still isn't a majority of the market, by far.

Who the fuck cares.

>>22368909
HALTED
>HALTED

>>22368875
just wait for the tech bubble to pop

>>22368883
My bad, sorry anon.
>France can't even sustain its own demand for energy on nuclear alone, much less Germany's.
So, there's definitely a piece of the puzzle that I'm missing here. Are they going to implement blackouts like California does now?

It is very easy to confuse a bull trap and a bear trap. Generally though bulls get trapped buying in a raising market and bears get trapped in a lowering market. Given we have not recovered fully from Tuesday it is more likely a bear trap. Lots of people went short on Tuesday and Wednesday morning. Those people have to cover eventually.

WE'RE BUSINESSMEN

>>22368932

>>22368861
Well said.

The grand irony here is that the environmentalists' policies have been very, very good for oil and will continue to be for the foreseeable future as solar and wind are literally the worst possible methods for energy generation in terms of cost and are just as bad for the environment if not worse than oil.

>>22368895
Yeah, pre-2010 like I said. You brought a PC to the lan parties post-2010, evolution and shit

>>22368901
>>22368799
Smooth brain fucks, the point of the original post was TQQQ outperforms due to beta not alpha. The point about hedge funds was immaterial but you and your idiot fuckbuddy got hung up and missed the point entirely certainly due to your 2 digit IQ's not being able to comprehend it.
No wonder /smg/ always loses. The loudest fuckboys are always the dumbest

>>22368921
That nostalgic feeling you have is just a product of their lobbying

I miss LAN parties with my bros.

Why do you guys hate dividends? Dividends are literally why stocks exist. I understand not wanting to throw your money in some 7% dividend stock that doesn’t move like AT&T but a 3% divvie yield on an already growing stock is very attractive. Literally free money.

when will the banking sector make a recovery
my boomerfolio is like 30% banks

>>22368831
I still play with my friends when we have a few drinks, kids, teenagers. Ps4 sold 110 million units.

>>22368851
It will be much, much higher. China, India, and Africa do not give a FUCK about gladhanding for the environment to placate baizuo retards who do not understand what they're talking about. They care about results. Environmentalism is not a luxury that the vast majority of the world's population can afford, and they wouldn't want to if they could. They want cheap, reliable power. And the longer oil stays cheap the more they will depend on it.

>>22368996
dividends aren't guaranteed.

>>22368996
https://www.investopedia.com/terms/d/dividendirrelevance.asp

>>22369019
Neither is growth. You can lose years of growth in one bad market week, while your dividends will still be there

>>22368996
The /biz/ hateboner for divvy stocks really just comes from the fact that DRIP returns are lower than holding the S&P.

Sure dividends are the drivers of value if you're using DCF to value a stock, but honestly speculators tend to drive prices far higher than anything that can be supported by DCF.

>>22369019
Nothing is guaranteed anon.

>>22368891
Retail is loaded up on calls

Look at call put ratio I posted above

>>22368909
They are still ticking on WSJ.com

I think dividends alone are poor strategy, but dividends and covered calls is gold pressed latinum tier.

>>22368956
Renewables, and especially renewable tech, is the made up shinny "6/5 South Dakota no peaky blackjack" horseshit they put right at the entrance to the casino all by itself with the hottest girl and all the flashing lights to pull in suckers and pull you a way from the blackjack solid type stocks.

>>22368996
because the best dividend portfolio has more risk than SPY and doesn't beat SPY.
so it's only a thing for retards that enjoy losing money

>>22368936
>he thinks fagman (nvidia) is a tech bubble
its only getting bigger you fucking moron

>>22369090

>>22368938

Well, renewables make up 40% of Germany's electricity generation which is not an insignificant portion. The rest is russian carbon, and their own coal and nuclear power plants, the remainder of which are scheduled to be phased out by 2022. I assume Russian carbon will make up for any windfalls in renewables because it's easier to modulate.

>>22369107
in this market, Nvidia releasing a game changing GPU will actually crash they price
investors hate good news

>>22369070
death and taxes are guaranteed.

>>22368996
you have to have a shit ton of money for them to be even worth something.

>>22368977

I'm not sure, anon. The image of a blue-collar worker drilling into the earth, taming it and utilising its chaos for the benefit of humanity strikes a purposeful and ordered future.

>>22369132
Not if I'm secretly immortal and I live off the grid.
I'm connecting to this Mongolian Fruit Market via three Coconuts, a string of squirrel intestines, and set of quarts shards I use as a keyboard.

>>22367626
Cuntrap

>>22368996

Too much hassle for shavings. Dividends are a nice side thing though, but I wouldn't make it a main focus unless I'm some balding, smelly old man that got bored of dumping money in commercial real estate investments.

>>22369102
It's completely retarded and betrays an ignorance that only the world's most sheltered people could even pretend to believe in. It's not even worth arguing with them really. There are billions of people on this earth that will be experiencing the industrial revolution in this century, and oil is going to take them there. The only question is which oil majors will be around to sell it to them.

>>22369184
so why not just buy spy regardless
are you possibly retarded?

>>22369160
Fucking based. I'm fashioning a squirrel intestine network right now so we can communicate without the glowniggers watching.

>>22369117
Germans are suicidal and self hating. They did one of the largest transfers of wealth in human history from rich to poor giving away their children's retirement to Fabio and Pedro who will just piss it away before going down the beach and banging their wives on holiday anyway, that is if the refugees don't kidnap her first.

Germany's institutionalized self hatred and need to seem liberal is not a model for a modern economy.

>>22368161
What the hell are you talking about?
Can you please pump the vix already?

>>22369203

>not realisng the gut flora are listening in on all your convos

See you in jail son

Junglemania: I NEVER WASTE A LOAD

>>22369117
>phasing out and replacing nearly 50% of their power within 2 years
Something tells me that they're not going to actually replace the russian carbon part of it in the end.
I guess I'll find out if this winds up more than a meme sooner or later.
Thanks for the discussion anon.

>>22369229
I will use my own gut flora to attack and overcome the gut flora of the squirrel intestines

>>22369258
Only nuclear is scheduled to be phased out by 2022. Could have been clearer on that point

>>22368996
>3% divvie yield on an already growing stock is very attractive. Literally free money.

Any good examples of this? Even if dividends are objectively worse than growth stocks, I still get a happy endorphine rush seeing tiny little deposits flowing into my account, and it's more satisfying than watching green line crab for a month. Apparently Rockefeller found watching dividends to be the only thing he cared about in his life

>>22368360
No I traded it once and got the hell out. It’s getting very interesting though. Eventually I assume China is going to announce they’re throwing more money at smic.

>>22369268
i will also create something i like to refer to as Turd Fusion Cores

>>22369202

I do though, just buy and forget. For the most part I just use a 4 figure pocket change account so I can buy whatever shitpicks you guys are pitching to tag along the ride. Can't say you guys didn't make me money after all this time.

>>22369258
>>22369274
And likewise dude

>>22369130
key word "in this market"
it doesnt matter what short term one quarter changes for Nvidia that are retarded mean. the fact is, their tech will drive innovation and the economy in this country for the next decade+, therefore TQQQ/SOXL is a long term hold

>futures

i knew the dump wasn't over. I'm not allowed to make money and be happy

>>22367696
is that actually the final design of the xbox? yikes

>>22369283

>the most promising semiconductor company in the PRC

You bet they will. The entirety of China's EV, telecom and automated manufacturing sector will be subsidised

>>22369274
That's what ultimately confuses me in the end. You would think that they would prioritize the carbon emissions first. Decision's like this makes me think it's just a long term scam, or high incompetence. Not sure which one is worse.

>>22369316
It's just a small dip. You'll be ok. By thursday next week, you'll forget this dip ever happened :)

>>22367696
xbox is better but no gaems and microsoft security is good enough that you won't be able to jailbreak it to run win10 or whatever on it.
I'd fucking love an xbox x I can run windows on because it's sold at a loss and MUCH better than any budget PC I could build for $499

>>22369112
Should I pirate lower decks?

>>22369331
i like it. utilitiarian
The PS5 is plain ugly, but it will prob have the better exclusives

>>22369337

Very few Paris Climate Accord signatories will actually reach their climate emission goals, so I wouldn't hold it against them. The key issue here is interoperability between nuclear and renewables, more so than reducing carbon emissions. Would it have been feasible with nuclear? Perhaps. Is the cost of operating nuclear alongside renewables worth it? According to the German govt, the answer is no.

>>22369063
I’m not advocating a portfolio of REITs, VZ and MO, I’m just saying a nice 2-4.5% divvie yield on an already growing stock is a good look. Plus it’s guaranteed money, unlike green line go up which is also very nice to watch but green line could also go down.
>>22369103
Again, you can beat SPY and still get a nice little dividend income as well. Big tech and meme tech are really the only industries that doesn’t pay out dividends. Retail, consumers, healthcare and industrials all pay out dividends and can see healthy growth. Energy and financials as well but they’re very cyclical.
>>22369279
CAT pays a 2.7% dividend and sees good growth. Just one example I pulled out of my ass, there’s plenty out there.

>>22369401
Alright then, thanks for answering my questions anon.

>>22369449
Yeah there's nothing wrong with divvy+growth. Strict divvy shit like O is pretty bad overall.

>>22367855
+20% taxes if you are white
-10% if you are shitty and brown

Fuckkkk why shit going red, was yesterday a dead cat bounce?

>>22369401
It's also very political.

>>22369575
It's 11 hours before market open and is current;y reversing course slowly going back up and VIX going down. Asian markets look good. We might dump tomorrow as well, but it's way too early to tell

>>22369575

>>22369331
Ikr it looks like a cheap computer case

The ultimate goal of DVL is to be the only unlimited burn token in De-Fi..how far will price rise? we are unsure but through rigorous testing and research we know tokens that burn their supply always appreciate in value.

Why does token burning increase price? the less of a token there is the more scarcity there is for the token. If you buy 1 token at X price with 6,666 token supply and then we burn 5,000 tokens demand increases supply decreases. that same 1 Token will be worth significantly more.

Participate in Devil finance token sale

Website - https://DVL.finance
Twitter - https://mobile.twitter.com/devil_finance

>>22369575
Like I said above this is an iron hands test. Rally in the afternoon.

>>22369575
>>22369316
Man you pussies would've gotten murdered in march

>>22369000
Never, it's gonna get worse for them

>>22369575
Why the fuck would you think it was anything but? Corrections almost always happen in a(down) b(up some) c (down even more)

We just had the fastest 10% correction in history every. Do some more basic reading or YouTubing anon for the love of god.

Figuring out money does a really good basic TA daily on spy and nasdump

>>22369694
well I hope it dips enough so I can grab a bit more MSFT and AMD

>>22369449
What's wrong with dumping into beat up REITs. Collecting divvies to use for tech calls? Further dumping more into the REIT. Along with weekly deposit. Feels like this is gonna be my new future after getting my entire shit kicked in in three days

SELL SELL SELL SELL SELL

HOLY FUCK

>>22369691
get out of this thread you fucking nigger

>>22369618

True. Some argue 100% renewables is ultimately cheaper due to lower cost expenditures and variable costs.

>>22369691
not buying your scam token pajeet

>>22369763
>>22369618
Germans are also scared shitless of nuclear for some reason. I doubt the average german knows about the costs

>>22369575
Do you guys actually play options on a day to day basis and if so how are you all not broke and keep doing the shit nightly?

>>22368627
We’re gonna make it

>>22369763
>Some argue 100% renewables is ultimately cheaper due to lower cost expenditures and variable costs.
hahahahaha

>>22369691
subhuman cum skidmark

>>22364755
>bro just get TD ameritrade holy shit
had one for a couple decades now. inb4 ded thread

>>22369691
Shut up niggerlover

>>22367540
What do the guys on wsb do? They don’t actually buy stocks right? What is options and shorting and shares

I have a metric ton of Delta.

Should I go long:

Y/N?

>>22369763
>>22369790

Merkel wants Germany to be the leader in all things millennial. She cannot tolerate for a second the idea of doing anything considered remotely naughty. Refugees, dumb environmentalist bullshit, giving away the retirement and home ownership hopes of her people so that mediteranians can spend like crazy and also pay not tax as soon as they get it. All this in the hopes of holding a dumb retarded cousin of the holy roman empire part II together, which never worked even when it was mostly german.

>>22369882
they try to have the most painful losses possible for karma and because they are cucks

https://finance.yahoo.com/news/day-traders-unbowed-2-trillion-203911756.html?.tsrc=rss

>“Until we get another scary-enough pullback or decline that scares people, they’re going to continue to have this buy-the-dip mentality,” Tom Essaye, a former Merrill Lynch trader who founded “The Sevens Report” newsletter, said by phone. “What we’ve seen the last couple of days is not even close to scary enough.”

Retail has changed so much that the FASTEST CORRECTION from all time highs from the NASDAQ is NOT ENOUGH to instill enough fear. The put/call ratio is still low. Actually, call volume INCREASED as NASDAQ took 3 days of ABSOLUTE pummeling.

We are either in for an epic shakeout by the market makers with something absolutely retarded like 3 circuit breakers in a row, OR they'll let retail ride this wave up and crash it even harder in November.

You decide.

>>22369691
Yes I heard about this project and I like it.. gonna invest in this one..

>futures
I arrogantly loaded up on Tesla calls before close today. It's hopeless...I'm destined for failure.

Why am I such a pussy I’ve been talking about throwing my entire bank account at Apple Microsoft and amazon for days but won’t do it. I’m scared there’ll be a big crash or something

Nigger

>>22369956
Retail doesn't have enough buying power to move the market, this is MM's trying to shake out institutions to get them to dump again so they can ride another wave up

>>22369956
Retail will win. Tutes and mm lose. Duh

>>22369691
Tokens who limit their supply, surely there will be hike in price because of less supply and more demand. I go through the tokenomics of DVL.. waiting for their presale

>>22370010
then dont do it all once retard, DCA

>>22369956
the very first sentence suggesting retail investors are what drove this rally from march is making me skeptical of the entire article

I'm going to sell all my wkhs

GREEN BABY OOOOOOOOOOO

>>22370010
DCA

Yesterday you fuckers were saying futures don't matter at all what's wrong?

>>22370052
don't do it anon

>>22370053
I saw that, maybe my calls still have life in them. Tesla is the future, idc what anyone says. Elon Musk may be an arrogant stud but that doesn't you guys the right to call him a fuck ass or piece of shit..fuck.

>>22370010

>"Cowards die many times before their deaths. The valiant never taste of death but once."

Living in fear isn't living, senpai.

Don't let your dreams be maymays.

DO IT!

Excelsior!

>>22370102
I already went all in on PM miners yesterday with the rest if my cash. Honestly think the second run will begin before the next year.

>>22370040
Yeah I know but I fucked my life up I waited too long to do anything

MAKING NEW

NEW NEW NEW N

>>22370206
>>22370206

>>22370206
>>22370206

>>22370206

>>22370206
>>22370206

>>22369956
I don't worry about stuff like that.

If they crash it now, the country will go full socialist and white guys like you and me from middle class families who owned stock will just get stood up against a wall and shot. There would be a great depression, and millennial's aren't equipped to handle a late grubub order or a slow netflix video. Living in a shack eating saw dust bread is not an option for someone who's never wanted for anything in life, they'll just start killing people.

In which case money won't really matter. One last ciggy isnt expensive.

>>22370171
Ok, so don't do the opposite mistake now and try to do too much at once