/biz/ - Business & Finance

First for Carrier

Heh, ya miss me?

>futures
le A

GME anons, we made it. 100 7.5c 10/16

im in heavy on NAK, was sideways this week so was worried that it would crash like the last time Tucker Carlson ran a hit piece on Pebble Mine.

thank your mr president

thanks for whoever shilled GME. I never stopped believing

>"The entire infotainment system is a HTML 5 super computer," Milton said. "That's the standard language for computer programmers around the world, so using it let's us build our own chips. And HTML 5 is very secure. Every component is linked on the data network, all speaking the same language. It's not a bunch of separate systems that somehow still manage to communicate."

https://www.truckinginfo.com/330475/whats-behind-the-grille-of-the-new-nikola-hydrogen-electric-truck

Do not buy the dip. Hide.

bitch I got that AUY

>>22555906
I’m Shaq and welcome to GameStop, let me know if you’d like to trade in your tendies for half of a new game.

>>22555967
will this be enough to bring it back to 60 dollars. I need to at least break even on this before rent is due in two weeks.

>>22555906
>10/16

mate u gotta stay in for november

sell them on open and rebuy january calls

Hypothetically what would happen if you YOLOd $500k on $0.01 OTM calls and therefore were legally entitled to buy $50 million shares but the stock only had $40 million shares float?

>>22555996
No retard, there is no such thing as an "HTML 5 supercomputer" TOP JEJ. Do you not understand anything about computers? Let me put it this way: if I told you that my truck was a 'text document super computer', or an 'adobe pdf super computer', would that make sense? No.

>>22555967
This is how the top looks like.

Futures won't stop dumping. Is this in anticipation to the witching?

Holy fucking shit were gonna hit circuit breakers

>>22555925
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

SBE CHARGEPOINT
>SBE CHARGEPOINT
SBE CHARGEPOINT
>SBE CHARGEPOINT
SBE CHARGEPOINT
>SBE CHARGEPOINT

A circuit breaker just fucked my in-law sister!

>>22555967
How do I short this?

i know it's the meme and all but i am actually gonna be financially ruined

>>22556088
not funny some people are losing money on this rn

>>22556088
I tried today and lost $32.

I’m going to lose $5,000 tomorrow fuck

>>22556097
Lmao, sorry I feel bad for you bro but there are a lot of truly arrogant, corrupt and evil people invested in that thing. I will be so happy if it takes down GM and JPMorgan with it

>>22556099
It will dump today, they had their paid shills pump it but new lawsuits filed after hours

>>22556088
Puts

VIX IS ABOVE 30
repeat
VIX IS ABOVE 30

hold on to your butts, tomorrow is gonna be wild. biggest dumps are always on thursday

>>22556048
>>22556051
I don't know what the fuck is going on

Is anyone else having issues with investing.com? The tickers are just remaining static and don't update

>watch my gains for the last two month vanish on indexes
>get pissed and dump my money into boomer div funds, vaccine stocks
>massive green

>>22555967
Ah, yes, a GUI interface in Visual Basic to track the IP.

Are we gonna see a proper second wave corona crunch or is the worst behind us?

>>22555978
Here’s your pity (you).

Reposting what I said in last thread:

I’m all in on $MGM

Wall Streets current infatuation with $DKNG is missed placed, MGM offers a level of multilevel integration on par with Apple in a post-Covid world. With two professional sports teams in Vegas and a wealth of analytical data formed from BetMGM, they’ll be able to separate bettors from their money at every level.

>Imagine Jets @ Raiders
>Email marketing offering consistent Jets bettors in NJ and NY cheap airfare and lodging at MGM properties in Vegas plus tickets to game
>MGM gains multiple opportunities to generate more revenue or recoup losses from savvy sports betters at lousy table games

Somebody give me confirmation bias pls

>>22556155
It does stupid shit like this once in a while at nights. Use the smartphone app, that one is updating

>>22556155
I've had to reload constantly, and the little graph on the side hasn't loaded all day. I think their servers are being overloaded. Legit think we are going to have a second crash in the next few days

>>22555868
This isn’t funny
Last time it was funny seeing j pow talking about talk about blm

>>22555894
Wow so cool :3

>>22556203
How wild was it today to see the market lift in the 30 minutes after the written report, and then see it totally tank while he was speaking? They should get their own version of Kayleigh Mcenany, because JPOW has negative charisma

im addicted to smoking blunts and it's affecting my life

Really hope airlines aren't fucked tomorrow as well, didn't sell my calls I'm up 200%

>>22556262
Nice digits. He is truly an awful speaker

>>22556279
based

Why is no one talking about the soon housing crash.

>>22556318
Buy the dip.

you know it's bad when even ratposter isn't here

>>22556318
I thought the repo market was supposed to go tits up this week and no one was talking about that either

>>22556333
Checked. Buying Dips works, but you need enough money in other areas of your life to live on while your bought dip works its way back up. But yes, this is the superior advice

Good evening /smg/! Just got done wage cucking. As I said in a thread earlier today. You should all look at leaps for TAK. They are dirt cheap and have a lot of upside.

Anyone else considering just pulling out of stocks until late this year?

>You know, Fluffy, with a newly acquired 9% stake in GameStop Inc. comes great responsibility. It's been called "the Jewish man's burden". Me, I just call it how I see it: the responsibility of the master to discipline the servant.
>*Ryan Cohen looks directly at the camera*
>The shorts, the put holders, the call sellers, the "GME is never going to happen" tripfag... it's our responsibility to educate them. And if we can't? Then they shall dangle from an HDMI cable tied into a makeshift noose. The Day of the Cope is coming. We'll have every shorter bankrupt or margin called in the next few months, and if I'm wrong may GameStop announce bankruptcy after hours this very day.

>>22556318
Because it will not happen until next year or so at the earliest. Too many moratoriums and deferrals still in effect.

Once those are lifted hold onto your butts

>>22556279
I was addicted when I was 18. I realized when i turned 19 that all that smoking never did shit to me besides numb the pain. Get rid of the "pain" and you'll get rid of the addiction of smoking blunts. Of course I'm not telling you to stop smoking completely but take control of your life. Also if a retarded 19yr old zoomer like me can stop so can you

Threadly reminder

>>22556373

>>22556375
I don't think either party will let it happen for a long time. If Trump gets reelected, he won't want to start off his next term with a housing crash after the Covid economic disaster, and if Biden wins, it will be the same thing.

>>22555996
Anon, I have a whitepill for you actually. You will probably be represented in court by one or more law firms. There are around five lawsuits against NKLA for investor fraud rn. You'll probably get your money back, contact one of those firms if they don't contact you. Kek, NKLA bagholders will be getting rich, just not the way they thought

KEK

>>22556372
sometimes I get that way with my options especially if I find myself doing silly things like trying to impose my will upon the market

stocks? why the fuck bother selling? just look away

>>22556173
I had a small MGM position before then sold it to chase some memes.
I'm planning on dumping anything I can tomorrow, then go in on MGM, LUV, hotels, and green energy.

>>22556432
Banks really want those negative rates I guess.

Man I hope GE moons to around 7.40. I need to write more 7.50 calls next week.

Also GME short interest is 135%?

>>22556142
my body is ready

>>22556408
Yeah, although they can't hold it off for long, and actually the more they do, the worse it becomes

The more renters don't pay the landlords, the more landlords are stretched. The more landlords don't pay the banks, the more banks get stretched. The more banks don't pay their CDS swap and MBS liabilities, the more the BIG banks get stretched. It will blow up, only a question of when

>>22556413
kek wait for real?
bagholders might get a fucking """refund"""?

getting scared now

>kodk uses their own lawyers to conclude they did nothing wrong
>stock moons by ~40%
>options activity several days before this announcement
This is the most jewish ticker on the NYSE

>>22556485
>Also GME short interest is 135%?
is that up-to-date information?

any anons here have S3 subscription for short data?

>>22555868

>Democrat shutdowns are being canceled.

>>22556394
Was gonna like this, then I noticed it's cuckstop.

>>22556614
GOOD

>>22556585
do you expect anything less from the same company who made their own shitcoin

i also find it hilarious that Kodak had a nuclear reactor for like 30 years

Random fun fact: Onions Beans futures are totally unaffected by this dump.

>>22556614
fucking finally.

So jpow isn't going to be showing his stupid face on tv anytime soon right? His retardation cost me 4% in gains.

>>22556614
They were still shutdown? God damn

>>22556563
Hopefully at the expense of JPMorgan Chase, Bosch and GM :^) these are the people in charge of corporate america folks, they bought into the html 5 supercomputer and dug their heels into the dirt during a DOJ investigation

WHY ARE FUTURES SO RED?!?!

>He still doesnt know we are in a down cycle

>>22556689
Cause we discovered life swimming in the atmosphere of Venus and people are freaking out

>>22556614
this is the same guy who made the funny face when biden farted on live air right

>>22556026
Max kek. See the silver market

>>22556713
FAGGOT ALIENS FUCKING MY GAINS UP

>>22556446
3x etf....

>>22556048

Explain what you mean by “ the witching” please

Is daytrading stupid? Seems like every time I try I lose big. Lost another $1500 today

We are approaching flu season. The second wave is going to hit America HARD AND FAST. If you thought the first crash was bad you haven't seen anything yet. SPY will hit $150 in the peak of wave 2 over winter. The elections will be cancelled and martial law will be instituted. When the dust settles, 5 million Americans will be dead from COVID.

>>22556714
Yeah. It's the same guy.
Here is the video:
https://youtu.be/Y1qIzRmfVUQ

>>22556770
quad witching this friday

>>22556792
Unironically Buy and Holding is the most successful strategy for 98% of people

>>22556689
Dollar is strengthening

>>22556536
So basically markets will tank and the ticker is ticking, by early next year stuff will likely be down big, correct?

>>22556770
This Friday is the Quadruple Witching day. It's just a fancy name for the day when all of the following expire at the same time:
>stock index futures
>stock index options
>stock options
>single stock futures
One of the rules of thumb of futures-based ETFs and futures trading is not holding through the witching.

>>22556828
Hard to predict that because there is a lot that can happen in the next quarter

i need my gamestop calls to print money or i cant order prostys

i need sex rn

im sexting men on discord for crying out loud

>>22556795
thanks i've been looking for this. fucking kek

>>22556628
>i also find it hilarious that Kodak had a nuclear reactor for like 30 years
Lol

>>22556711
Ive been suspecting that. Am considering going full cash by eod tomorrow desu

>>22556864
fuck you just jerk off like a normal loser

>>22556841
So does that mean i should sell my tqqq?

LOOKS LIKE CRASH KINO IS BACK ON THE MENU LADS

>>22556792
Yes. Theta gang is the only good one. Look into the wheel strategy if you have the capital.

>>22556792
You need to know the patterns and use stop loss. Don't trade every stock.
Just find one that is trading the way you like

>>22556939
A good one for this is V

Reminder to buy Unity IPO tomorrow.

Nigger

>>22556794
>hurrhurr

>>22556576

>>22556953
>unprofitable its whole life
>valued high when compared to nintendo (who is actually profitable)
>market downtrend seems to be happening

Wanted to buy into it but am turned off by these reasons above especially the first one.

>>22556999
But i still need to cash out

>>22556999
Exactly for 2 months now equities have been used as an inflation hedge. Now that the EU thinks the Euro has gotten too strong investors are betting they're gonna take steps to weaken it. Which in turn strengthens the dollar which leads to a haircut to stocks. 2 currency pairs to watch are EUR/USD and JNY/USD

>>22556928
perfect, every time the market dumps, GME is green because money flows into value picks

>>22556614
Awesome. Need more court decisions like this across the country.

GME

>>22556928
I woke up today expecting to see it having been steadily gaping up again overnight and was presently surprised to see nothing but red dildoes

reminder to read a book

>>22557059
Could be. However, if i have learned anything from watching forex pairs over past couple years, it's that one day of green means zero towards a reversal. Despite the green this evening it's still stock in a bear flag range and has been for near five weeks.

>>22557132
Do comic books count?

what options are yall buying on AAPL

>>22557132
Does an eroge count? I'm gonna pretend like it counts even though it shouldn't

>bought today
>futes shittin
>everyone seems to think there is crash coming
will i ever financially recover from this

>>22557162
The only 2 stocks I own right now are HD and RKT. I should be ok right?

>>22555967
can't believe this is real. this like someone hyping up their mansion built out of fucking toothpicks

>>22557195
rocket is real estate, right? I don't know.

>>22557186
Just hold for 30 years bro

>>22557215
Yes Rocket mortgage

>>22557197
Carved wood superstructure*

>>22557166
I am buying AAPL and selling options.

>>22557166
16 OCT 20 105 P and nice dubs btw

>>22556999
Is it possible that the dollar will be worth more than a dollar. Seems like a good time to short once it reaches one dollar if it can’t go higher than that

>>22557162
Yes but DXY has weird weighting for the different pairs. The Fed has a better tracker weighted by trade volume. Either way USD/JNY is at its 105 resistance and EUR is hitting its local bottom. I personally believe this is nothing because the Euro cant weaken especially with the bundesbank ready to go ape shit if any more is printed.

>>22557166
I'd rather not buy AAPL options right now. Their last presentation was embarrassing and premiums on options are way to high.

>>22557195
Yes, housing market is solid for now. LEN has been tearing it up. And the top5% is unaffected by the economic problems and have loaded up on cheap loans. Also the Fed continues to buy MBS every week to ensure rates remain low.

Was this the most iconic post in /smg/ in 2020?

Might go in on SUMO tomorrow if it ipos

>>22556394
You missed a pattern

>>22556372

Yes but I'm not gonna do it. Will be hard to time to re-entry.

>>22556394
*kills gaystop*

>>22557132
Trying to get into Dune again for the second time, but I dunno, it just feels so slow to me and it just keeps throwing around all these names of people and houses. I feel like when I started reading GoT, but GoT had a handy little House/Family pocket guide in the back of the book. I also find it hard to get into a fantasy when the drama and chaos of the world is swirling around me. I read like 3-4 books of the wheel of time, but kind of lost interest. I don't want to read philosophy I need an escape, but fantasy/sci-fi doesn't seem to hit like it used to. Also just read Marcus Aurelius and while I liked him a lot, it was like I was reading my own thoughts that someone wrote down and condensed. Marcus was very fucking based. Should I read art of war if I already know the cliff notes?

>>22557302
I remember being on this thread

>>22557320
Store your money in QYLD while you wait. Low vol etf with a 11% yearly dividend

>>22556660

what did he say exactly? zero rates for the next 3 years is bullish as hell

>FED talking about Inflation targets
>Dollar rising quickly in value

Does this mean we are actually experiencing Deflation?

>>22557300
I know the banks are creating another real estate bubble, I just want to make some money before the bubble bursts again.

>>22557354
How do the zero rates affect TLT and TMF?

Attention b*lls.

>>22557358
The Fed acknowledged that theres no way in hell they can actually hit 2% until maybe 2023 in addition to the Euro being at a crossroads

>>22557358
Doesn't it correlate with unemployment?

>>22556660
What happened I remember yesterday people here were almost sending him love letters

The second wave arrives this week. Schools will have been opened for 2 weeks by now. The second wave is beginning this week. Shift your portfolios defensively or prepare to lose half of your net worth.

>>22557360
I think there a strong play for the midterm outlook 3 years

>>22557186

Just hold for a month.
If you think we're crashing then tell me where all the money goes? Bonds? lmao

>>22557391
kill yourself retard schools have been open for over a month

>>22557324
The first 1/3rd of dune is a bit slow. You'll get the names eventually. It picks up a lot in the middle and the ending is sheer kino.

I'm scared for tomorrow

>>22557344
Did they do a reverse split?

>>22557382
>>22557386
So much for the people shilling hyper-inflation on here last week

>>22557443
They did, I think a week after that post

>>22557422
Schools start in early September. It's exactly 2 weeks since most schools and colleges opened. The second wave numbers are going to start arriving. It will take maybe another 2 weeks max as most young students will be asymptomatic. If you're not all cash then you're a fool. Covid numbers will double by the end of the month.

>>22557443
Yes and they finally stopped spamming
>last chance to buy ktov under .90
Every thread

Fuck the futures are actually really bad and not memes.
Probably gonna just sell my MSFT and PYPL for a loss of about $100 total tomorrow morning if its still looking like this. If GME crashes along ill use the remaining cash to buy more shares of GME.

>>22557321
Wait, is the PS5 digital download only?????

HAHHAHAHAHAHAHAHA!

GME BTFO!!!!

Even if there's a disc reader version its probably more since it has more hardware, so parents will buy the digital version due to the shit economy.

How long till GME crashes???

>>22557387
He was a nervous mess during the interview. Destroyed a lot of people's daily gains and probably sent futures into the red state they are in.

>>22557502
Maybe you should short it like a retard then.

>>22557460
We are inflating though with the dollar on a steady decline. Just not hyper inflation like the fear mongers shilled.

>>22557480
this is why its best to not trust SMG

>>22557324
There's only three houses in Dune that are relevant.

>>22557508
I knew he was going to dump the market
But I honestly thought it would atleast be for a funny reason like him talking about tranny rights

>>22557475
That is false, schools opened here mid august. Stop shilling propaganda

>>22557535
Do your own dd I lost 150 dollars buying mark at the top
Before researching and finding out the ceo can’t even pay his gambling debt

>>22557502
Bruh PS5 has 2 editions a Chad edition that can play discs and digital that the majority is going to buy and the virgin digital only edition that a small percent will buy. Same with Xbox. GME is going to Venus before SpaceX

>>22557475
China has reported 9 cases yesterday. Rhode Island had 82. I SMELL BULLSHIT.

>>22557502
>parents will buy the digital version

Parents will last minute run to Gamestop to buy it to shut their heathens up.

>>22557460
The vast majority of all the printed money went straight into corporations, the top 1% literally did not let a single dollar "trickle down" the amount given in unemployment was only like a thinly sliver of the trillion they spent.

>>22557502
are you stupid lol
you don't think Gamestop doesn't get a cut of the digital sales?

>>22557553
Same my state opened schools at least to an extent last month. Our governor actually did a pretty good job at keeping shot I'm check though.

GME saved me from the red today what is going on in my life right now

>>22556159
Honestly I am so close to just dumping everything into boomer divvie ETFs, closing /biz/, and never returning. I'm so tired of trying to keep up with all the news and analyze the market just for kikes to upend everything whenever they want. I'd be so much more comfy if I just put it all into DIV. Most I'd have to do is make sure is sell off if we have another corona implosion, but anything less than that doesn't matter at all. The shit is as rock solid a stock as it gets.

Why am I addicted to this pain, bobo?

>>22557631
Biggest short squeeze in market history. I wouldn't be surprised if in the next couple of months we have a penny stock 100% day.

All the PS5s on gamestops website are sold out

>>22557585

the corporations employ the masses

>>22557578
Can't you still just buy all this stuff on amazon, or at target? I bought my PS4, VR system, and all the games, at target. Why even go to gamestop?

>>22557635
I put 1/3 my account in QYLD for dividend, 1/3 in growth stocks, and 1/3 to do theta plays. Pretty comfy and low stress, I rebalance monthly and use the cash generated from theta to buy more QYLD and stocks.

>>22557635
Not gonna lie, I left /biz/ for almost 2 years. Liquidated my account and bought a house. I just recently got back into the market so I could lose money appropriately.

>>22557599
If I was Into console I would rather have The digital only version
The disk version looks like shit
Sort of like it has a tumor growing
I also see this as the last generation of consoles with disk support
Sort of like when vhs were being phased out you had dvd vhs combos but they slowly faded away to just DVD players

>>22557653
Wages dont go up at the same rate and in an environment where hiring has slowed its overall deflationary

>>22557653
With garbage wages that have been stagnant for decades

Will Apple finally be kill?

>>22557631
If you're hopeful for the short squeeze, read this
>https://www.nasdaq.com/articles/tilray-rallies-again-anatomy-short-squeeze-2018-09-19
If GME gets a short squeeze, I think it'll be closer to TLRY's pattern rather than something more sudden like KODK or APRN.

we are going to make it

Is there any reason I shouldn't just go all in on TQQQ in the current market?

>>22557690

better than unemployment

>>22557708
I hope so, I have a $10 GME call!

>>22557668
You can and it has. That's what got Gamestop at the brink of bankruptcy and why half of their stock is funko pops.

GME is going to leave some heavy bags in its pump and dump

>>22557729
Thats gonna print money here shortly. I bought a $15 1/21 call and have almost broke even already. After the consoles release it will be easy money. I'm dumping after that though.

>>22557718
Not if corporations took on cheap debt in order to squeeze out smaller companies due to the easier availability. That leads to more net unemployment

>>22557711

>>22557708
I don't even know what I'm hoping for, I just started investing a short while ago and bought 3 shares with some scrap cash I had leftover from buying my boomer ETFs.

Saw what looked like good info from a /biz/ anon a few days in a row and said fuck it, why not.

>>22557770
I'll never not look at that P/E and shake my head. TSLA is truly an anomaly.

>>22557680
Gamestop is definitely at a crossroads right now, and they will have to figure out if they'll end up like Blockbuster or adapt like Netflix.
but that's besides the point because that's something like 5 years into the future, who gives a shit about that.

What matters now is that Gamestop is safe for the current cycle and that's plenty of time for Gamestop to revolutionize itself if Cohen gets his hands on it. More importantly, I'm taking my profits on the eventual squeeze, I can think about longing GME like half a year later after bagholders who bought at the top cut their losses. Oh man, if GME does squeeze, you assholes better warn anons here not to FOMO during the squeeze because it's all fucking artificial and not reflective of fundamentals at all.

>>22557534
Explain for a brainlet like me how we are inflating when the dollar is getting more valuable and demand is less? That seems like typical deflation to me. I'm unironically asking and not trying to be argumentative

>>22557756
Yeah, the call cost like $1, I'm only $100 in.
I wonder what I can sell the contract for in a few days? It expires 10/16

>>22557668
GameStop is probably the last place I'd buy games at. If you don't specify that you want a new copy of the game, they'll get you a used one and possibly one of those cases with a janky ass generic cover. Other stores like Best Buy would never pull that crap.

>>22557746
GameStop is done mid console cycle
Look at how the ps5 is designed.
Look at how the disk slot is just haphazardly slapped on.
It wouldn’t surprise me if at least the ps5 will eventually discontinue the disk models

>>22557770
Cool, let's talk about TQQQ

Everybody is talking about GME like the trade is based of fundamentals, it's not. What people are trying to initiate is an infinite gamma squeeze.

>>22557823
I also have a KODK 9/25 $10 Call

>>22557826
they butcher each "new" game on the shelf because people might steal it, and they don't do the same shit as Walmart where they put it behind a glass shelf because Gamestop's methods does work out better for increasing sales.
Sucks for people who want clean games not fucked up with stickers, hate that shit, but turns out most people don't give a shit about that. They have enough people coming in regardless, and there's no reason they need to capture the entire market to validate their value especially now when their market cap is only ~$500 million.

>-1.2% nasdaq
fucking hold me brothers

>>22557860
>Gambling addicts try to make money by rolling the dice
Same shit that made Tesla hit 500, it's all memelords and conmen trying to outclown eachother.

reminder that SPCE will moon next month with its october 22nd rocket launch

>>22556373

>>22557912
>VIX 30
>Nasdaq -1.25%
YOU WERE WARNED

>>22556366
anything coming down the pipe for them? what makes you think it wont crab like it has been doing for the past few years?

How do i make money on the way down? Long expiration SQQQ calls on bull trap pumps?

>>22557948
Where are you getting that the VIX is $30? it is $26 and some change.

>millennials finally figured out you just sell everything and make dips happen then make infinity money like people have been doing with bitcoin for years
What a world shiny and chrome

>>22557965
If VIX spikes with IV then sell call credit spreads on the bounce

>>22557668
GME has Digital I can buy and the same online store I can buy from like Amazon. Then what separates them from Amazon + Target, is GameStop has used games/hardware and is a gaming only store. That I can go in around a gamer presence, not waste any time as the only thing there is what I’m looking for and not have to walk miles or through garbage to find what I want. I mean same argument goes to amazon or target. Why even buy from them when you can go to GameStop? Sales will be spread across to everyone but the reason it’s a big deal for GameStop is because their stock price is very undervalued as it is right now, let alone when they pull in a lot of revenues and earnings for the next few quarters. GameStop’s driving value is about to blow up from the new console cycle for hardware and games sales for both used and new. GameStop has been holding on from the last console cycle that was how long ago. So they are going to at least do a lot better at the beginning of this new cycle that brings in a lot higher interest/demand/FOMO. Then, with their stock price valued so low, it’s priced for bankruptcy, they are going to explode and snowball a mass covering of 100% shorts.

>>22557823
I wouldn't sell until early October at least.
>>22557826
I buy from there simply because their used games ar 9/10 cheaper than amazon and ebay. Plus, with the pro membership I get a $5 coupon every month and seeing how I only paid $15 for the yearly membership it pays for itself.

>>22557965
If there ever IS a rotation, utilities and banks.
If it becomes pulling money out of the market, TLT and cash.

>>22557860
that's where you're wrong. It's BOTH.
Gamestop is fundamentally undervalued which makes it a value pick, yet it also has a high chance for an infinite short squeeze. It's such a no-brainer I'm still second guessing myself weeks later because surely it can't be this fucking easy and obvious.

So basically since it's a value pick, realistically your downside is not going to be that much, certainly not more than what a lot of tech stocks have seen so far and could potentially see more of short-term. Meanwhile it also has a chance for a short-squeeze without being an inflated penny stock or a company that is legit going bankrupt? +1000% potential without more than -30% downside potential? How can it be this easy?

Note, if GME was liquidated right now for some reason, it would net at least $5 per share.

>>22557996
I'm tempted to average down and pick up another one if I can get it around $.80 per contract.

>>22558003
$10 10/16 calls are dirt cheap right now.

>>22557954
It could crab for a long time but I doubt it. For $40 you can buy $22.5 4/21 calls for $40. The risk is so low and these pharma companies have a tendency to moon out of nowhere. You really don't have much to lose and everything to gain.

>>22557948
these futures and the previous week or two has got me genuinely a little spooked... at least i'm still currently 24% positive this year

>>22557970
He's talking about VIX futures

>>22557994
Yeah, but everyone knows they won't be around in 2 years, if that. The blockbuster analogy is pretty strong, and its in everyone's mind. People shy away from dying companies, even if they are expected to be profitable for 3 more months.

>>22558100
It is spooky, for sure. But we are only back to Early August levels, for perspective. But I admit, it is getting scarier

>>22558100
This isn't nearly as bad as it was last week. I really wouldn't start panicking yet.

>>22558107
tempted to buy a 9/25 $21 UVXY call

>>22557718
>be thankful the corporate overlords deem you worthy to eat, peasant
lol

>>22558003
>>22558022
Im thinking of jan 2021 $25c. Is this retarded? I think october might be a bit early but i might get a couple of those

Anyone here pay for Mottly Fool stock picks? I got an email from them saying they've found the next Amazon but I don't want to pay 99$ for a subscription.

What if we all chipped in for a sub and shared the info with each other? If we get 99 peopel to pay 99 dollar each we can afford 1 sub, I'll start a paypal where we can drop the money at if there's enough intrest

>>22557807
How is the dollar getting more valuable? Take a look at the DXY chart and you will see that the dollar is becoming less valuable = inflation. We did deflate during the Goronavirus crash but soon after we been on a steady decline in currency value and inflating. As to why gold has been steadily increasing in value as well. You need to watch metals too.

>>22558147
Why do this instead of buying the underlying?

>>22558165
>I got an email from them saying they've found the next Amazon
Scam tagline. Avoid at all costs.

>>22558165
Not worth it. If you believe they know what they're doing, just buy calls on their ETF.

>>22558130

>>22558130
yeah but I still haven't recovered from last week... down 16% since september 1st

Deciding what to do with $500... any ideas options, stocks, ETF?

>>22558196
That may be right but it's still speculation. The covid situation is considerably better than it was in march.

>>22558175
For leverage aka you can possibly make more money but at a higher risk of losing more money.

What does this news mean where the feds will keep interest rates at near zero for years? How does this affect stocks?

>>22558169
DXY is an aggregate of currency pairs. Agaisnt all other currencies USD has been fine just the EUR shot up in the last 3 months due to fiscal action taken by the EU and reluctance from the frugal 4 and Bundesbank to continue bond buying. DXY has a 50% weight towards that currency pair it makes the dollar look much weaker than it is. For a better measure look at the fed's currency metric which weights by total trade value which is much closer to reality.

Just getting started with the whole "legalized gambling via options" thing and why the fuck do transfers to e-trade take so long? did I fuck up? Should I have gone with a different broker?

>>22558163
I think it's going to dump after the short squeeze and christmas.

>>22558245
Bullish, more liquidty into the system and equities are the only yield returning asset

>>22558217
Buy GME

>>22558130
Also, SOMEONE has been pushing this propaganda, for a month now, that the market is gonna dive in mid September. This idea is in a lot of peoples minds.

>>22558268
so how does it affect TLT/TMF

>>22558217
Look into debit and credit spreads, the only real way to make stablish gains with that small of a porty

>>22558217
Buy $10 GME call for october

>>22558283
I dont fuck with those instruments so I dont feel comfortable le giving you advice on them. Gotta just remember money is like water it moves from low yield to high yield, it connotes stay static

>>22557166
What's an option?

>>22558278
I think that may be over exaggerated. Biden isn't really a leftist at all and told a large crowd of billionaires at one of his fundraisers that his presidency wouldn't affect their wallets. The only real x factor is if Harris takes over shortly after his victory. If Trump wins, the bull run will continue.

Are you accumulating uraniam anon?

>>22557059
So is this the moment to invest in European stocks?

Anyone else long on RKT? I’m in under $23 and have been since a little after the IPO. I know tomorrow is going to be a bloodbath but I’ve planned on just holding till I fucking die. All the bears are starting to scare me though saying it’s going to $16. I’ve been fucked to many times by the suits getting me to panic sell. Problem is all the stock TWITS and RH traders are treating it like it’s fucking AAPL and it dumps with tech when it’s a mortgage lender and home sales are through the god damn roof.

>>22558248
Thank you for this anon. I have learned a great lesson. I’m going to check out the fed’s currency metric now and use an accurate measure for now on.

>>22558329
If you aren't trolling, please go to investipedia first and then come back for filler questions.

>>22558319
TMF kept me green on red days.

>>22558130
So what do you think?
What happens next?
Are we just going to shoot up to the moon, with record unemployment, half the country shutdown, with an obvious stock market bubble,.... or, maybe, just maybe. There is some more correction coming. I say we just dump it all now. Why drag this out for 3 years. Lets rip the Fucking bandage off already and pop this stupid bubble. Then we can go back to buying the dip again.

>>22558347
Market always takes dip in september/october if the market believes the incumbent will lose regardless of party eo to standard uncertainty. It has literally never been wrong, it was built to be a future discounting mechanism. If these next two months are net red then you know trump lost

>>22558243
>leverage
Scary shit but I like learning about it. Difference seems to be when you're wrong you just take the loss instead of bagholding forever. And the much bigger upside of course.

>>22558373
Lol it's not going to $16. In my area rocket mortgage is the fucking staple for places you go to get a home loan. I'm in at an average of $23.67. I'll average down as needed but don't be paranoid.

>>22558278
In last month's Dines Letter, it was mentioned that 74% of the time the market declines until mid October if the four day week following Labor Day is red or instead rises for the rest of September if that week is green.

>>22558387
This has been a TINA rally since late April. You need an end to TINA. It has been a "melt up" ever since. Money desperately looking for returns.
The Snowflake IPO today is just one of hundreds of examples today.

>>22558278
friend it's mid september now

what is the market doing

>>22558371
That market is anemic, personally I'm looking to accumulate solid stocks in chunks of 100s to sell covered calls on, like AAPL, MSFT, etc. Stocks you wouldn't mind holding for the long run

Sony and Gamestop, in hindsight the most obvious fucking plays for the day and I missed them both. PS5 preorders got ate up in 8 mins.

>>22558373
Yes in this low rate environment smaller banks cant make money on loans to only RKTs mortgage flipping style can eke out a profit. I expect them to gain even more market share, around 30%

>>22558385
>TMF
3x 20 Year Treasury ETF
I'm laughing my head off that this even exists. Stable for ever and then pump when everyone else is AAAAAAAAAAAing wtf!

>>22558347
BIDEN WILL NOT BE MAKING DECISIONS OR POLICY. I don’t know why anyone thinks Biden will have any effect other than getting the dems in power. If they take the presidency, house, and senate, the country is fucking done for and I truly believe that

>>22558387
What happens next is anyone's guess, if we knew for sure all traders would be rich. If you're worried, hold your current stocks and buy puts on SPY and TQQQ as a hedge.
>>22558401
>always
Well as you know we are in a clown market now. I don't think historical patterns will be applicable during this time.

>>22558414
I mean it would be ridiculous for it to go that low, but in this market nothing really makes sense. The stock price doesn’t reflect any fundamentals in a lot of cases.

>>22558491
Dont be shortsighted markets have collapsed and undergone global turmoil before and still this held true

>>22558481
No more borders, flooded with illegals, green new dealdo up all our asses, defunded police, yah we'd be well and truly fucked.

Fortunately biden is a shitshow candidate with zero chance of winning.

>>22558481
Exactly. All of his campaign promises are not his ideas, they are the ideas of his handlers. I believe at least some of the policies he's pushing will come true if he wins.

>>22555967
>>22555996
>>22556030
>faggot trip can't understand sarcasm
filtered ;)

>>22558481
Explain how it will be different from 2009-2011 this time please

>>22558538
I dont think so, I'm 100% certain if he wins we go back to the super moderate quiet govenrment that does nothing. Shitll be bland as fuck

>>22558441
Is it too late to pick up GME and hold it for a little?

>>22558538
Nah, you have to understand that Biden has come out and said he is against defunding the police, and Kamala Harris was a former AG that locked up 1000s for marijuana charges. Bernie winning the nomination news the only way you needed to panic.

>>22558407
Simply yes but you can take on less exposure by buying options as well. You can buy a call option, strong on an upward move/bullish bet, cheaper than you can buy the stock, for a chance at more gains but as you said there is a very high chance of losing it all; without being able to baghold because they have expiration dates and expire.

Gamestop

Whoever makes the next thread, could you do me a personal favor and dedicate it to Miko please?

Just curious bros. If we all decided to buy calls on gamestop all at the same time. Kind of like what Softball did. What would happen to the price of Gamestop?

>>22558594
You crazy bastard. Well done.

>>22558618
Not me, just wanted to post

>>22558616
Softbank***...Fucking hate autocorrect.

>>22558616
Not enough of us to make any significant move, also he Jews monitor our threads, no joke.

>>22558616
Infinite gamma squeeze

>>22558594
Jesus Christ what kind of special seat do you have to support the weight of your massive balls

>>22558616
Gamma is not nearly as abuseable as it is on TSLA. If GME got to 200 or so, then you could start POOMPING it with deep OTM calls.

>>22558657
>Pic of said trader

>>22558692
If theres enough positive catalysts you could bootleg it if theres enough volume

I hate red days lads. I lose the urge to jerk off and my horny level tanks worse than my portfolio

>>22558557
Have you been living under a rock? Look at the democrat’s main stream policies. What would have been considered insane under Obama is now part of the mainstream democratic platform. Green New Deal, “assault weapons” ban 2.0, open borders, UBI which is already becoming a reality in some cities and states, openly calling to raise taxes, specifically taxes like the corporate tax which royally cucks the economy. Ending offshore drilling completely. Endless endless endless government jobs programs, more federal oversight in rural schools, moving section 8 into the suburbs, it goes on and on

>>22558594
Remember us and pass along some big gainers when you become an Elite.

>>22558712
Nice list. I'll share it will /pol/ next week.

>>22558592
What Biden says on a day to day basis is meaningless, he’s just shifting to copy Trump at this point because his polling was being hurt by all of the riots and chaos. Bernie winning the nom would have been a cakewalk. He more openly calls himself a socialist and most Americans will not vote for a socialist regardless of party.

>>22558712
So why didnt they go with Berniw who actually embodied those rather than a extreme moderate whos against most of those and an AG who railed against crime . Also with most of their contested senate races this year in moderate/red leaning states I dont think those policies are really gonna be pushed. The moderate wing of the party vastly outnumbers the leftists they just dont scream and whine on twitter.

>>22555868
How are you guys preparing for the month long blood bath?

>>22558712
may vote just for UBI then

>>22558712
>green new deal
originated from the 90's, maybe sooner. Was in public discourse from at least 2007
>assault weapons ban
Not new
>open borders
Not new
>UBI
Not new
>raise taxes
Not new
>ending offshore drilling
Not new
>government jobs programs
Not new. like, literally nearly a century old.
>federal oversight in rural schools
who cares?
>moving section 8 into the suburbs
again, who cares?

What a fearmongering asshole

>>22558818
thats a matter of time, not who's president

>>22558845
>moving section 8 into the suburbs
>again, who cares?
the madman

>>22558855
Honestly scrapping all welfare for UBI is more efficient and effective

>>22558868
yes that Was a big part of Yang's argument

Ok how do you look at the Federal Reserve Metric, to see a more accurate value of USD is?

>>22558868
yeah that would be best but theres no way they'd be able to repeal all the other bs programs and implement UBI at the same time

>>22558881
But again Biden is so moderate hes basically a Bush that loves fags. So UBI wont happen with him

>>22558789
Bernie is harder to control than Biden

>>22558618
He stole it from reddit lol >>22558757

>>22558892
This. Niggers would spend all their UBI instantly as soon as they got it, and would then demand free healthcare and food on top of that

>>22558909
Who's gonna control him? There literally more purple and moderate dems then liberal. Even during the primary when he could have moved more left to steal votes from leftist candidates he chose to stick to the center and alienate those voters. The man chose to be moderate at the expense of a slice of voters lmao

>>22558909
Bernie has never worked a day in his life. Now that might benefit NEETs, but overall even a democrat controlled congress wouldn't approve half the shit he wants to do.

>>22558932
You guys are just racist. Hillbillies are even WORSE and you say nothing

TQQQ is issuing a buy signal. Sell signal on the 10th, changed to a buy signal as of today. Thoughts?

https://xivinvestment.com/#xiv-history-sum

>>22558845
No,they aren’t new in the sense that literally no one has every pushed any of these ideas before, you fucking retard. No the Biden campaign didn’t invent any of this shit. What I’m saying is all of this shit wasn’t like on a mainstream platform before.

>>22558932
Idk the savings rate was pretty comparable among blacks and whites while they were getting the 600+ unemployment so statistically that argument doesnt hold much water

>>22558855
We'll see how that gets penned. In either case we end up serfs. On one hand subjects of corporations, on the other subjects to the increasingly powerful government. What I don't think we'll see is a natural correction to a reasonable debt floor and a population willing to live below their means for what would probably be 3-4 generations.

Practical necessities like a car (depending on locale) have become so fucking inflated it boggles the mind, likewise with education. I did a lookup on the BLS a while ago and the median population is very close to requiring the accrual of debt simply to live. I wonder how much further that can go before shit dissolves.

>>22558970
>Hillbillies are even WORSE
statistically you're wrong

>>22558989
Most of those were mainstream under roosevelt and presidents of that era.

>>22556866
this shit is so obvious, they want Trump to win

>>22558970
Yeah but hillbillies just endure starvation conditions by supplementing their diets with roadkill and meth.

>>22558977
i dont trust it. he was way off this past few weeks, and totally missed the drop from 170-> 120

>>22559009
Small population concentrated into economically depressed areas vs. majority population dispersed across a wide gamut of economic conditions. Not to mention fat tails being endemic in these statistics, where .01% meaningfully distort the probability distribution.

>>22559038
Most hillbillies work in trades and do the jobs we don't want to.... And then smoke meth.

>>22559081
You're thinking about Mexicans

>>22558989
Your addled boomer brain just can't remember the last time you heard your dumb Tucker Hannbaugh pundit of choice predicted the apocalypse from the dems taking power and it didn't come true. You're too busy stroking your fearboner to clear your head and look at the situation rationally.

Yours truly,
a right-centrist

It is now official. Netcraft has confirmed: /smg/ is dying
One more crippling bombshell hit the already beleaguered /smg/ community when IDC confirmed that /smg/ page views has dropped yet again, now down to less than a fraction of 1 percent of all /biz/ generals. Coming on the heels of a recent Netcraft survey which plainly states that /smg/ has lost more market share, this news serves to reinforce what we've known all along. /smg/ is collapsing in complete disarray, as fittingly exemplified by failing dead last in the recent allChan comprehensive shitposting test.
You don't need to be the Amazing Kreskin to predict /smg/'s future. The hand writing is on the wall: /smg/ faces a bleak future. In fact there won't be any future at all for /smg/ because /smg/ is dying. Things are looking very bad for /smg/. As many of us are already aware, /smg/ continues to lose page views. Red ink flows like a river of blood.
All of /biz/ notwithstanding /smg/ general is the most endangered of them all, having lost 93% of its core shitposters. The sudden and unpleasant departures of long time /smg/ tripfag reluctantkneepadgirl and snss_faggot only serve to underscore the point more clearly. There can no longer be any doubt: /smg/ is dying.
Let's keep to the facts and look at the numbers.
All major surveys show that /smg/ has steadily declined in page rank. /smg/ is very sick and its long term survival prospects are very dim. If /smg/ is to survive at all it will be among shitposting weekly FD dilettante dabblers. /smg/ continues to decay. Nothing short of a miracle could save it at this point in time. For all practical purposes, /smg/ is dead.

>>22559086
Mexicans don't work trades.

>>22559067
You're implying they're forced into those conditions and aren't pre-disposed to that level of prosperity through race and IQ.

FUCK OFF IT'S DUMPING AGAIN

>>22559089
>t. A faggot

>>22559106
Yoir post seems well thought out but I don't have the slightest clue what you're talking about.

>>22559128
I would say that's more of a cultural problem rather than genetic

>>22559185
I'm not so sure of that.

>>22559009
Lol dude I live around white people and every single person is on welfare and disability and drinking beer every day.

>>22559112
My Mexican/Philippino friend is airplane mechanic

>>22559196
Nice anecdote.

>>22558592
Anyone who tells you the dementia patient has a snowballs chance against Trump is gaslighting you. His win this year is going to make 2016 look like nothing. Even moderates are sick of this blm horseshit and are mass defecting to Trump.

>>22559207
If you’re born in a poor area you’re going to be a failure automatically

>>22558594
>He can literally just throw that million in any number of divvie ETFs and cruise on around 6 grand a month for the rest of his life in passive income
I-is this what making it looks like frens?

>>22559195
One pair of white parents isnt gonna chagr an entire cultural experience just cause they have white parents doesn't mean they're gonna grow up white lmao

>>22559223
>divvie etfs
retard lmao
just buying spy and selling a bit every month is much better

>>22559227

>>22559054
This is also my issue, that was a big fucking drop that it said to hold all the way through. I'm going to hang back and see what happens.

>>22559219
I mean trump didnt look to sharp in his tone hall he did this week either. Just goes to prove people this old should not be in politics I really lost faith when the tech CEOs were brought to testify in front of congress and politicians literally sisnt understand how they made money.

>>22559128
Would you venture out away from your white community to live in a black community, generally? Or more narrowly defined would you, say, want to live in a foreign nation that was at best neutral towards your race, and at worst vehemently bigoted? The answer is no, you would not. You wouldn't opt to move out of a like community into a predominately black community even if the statistics looked extraordinarily favorable.

Means aren't an argument, by the way, as I already more or less stated. There's too much noise in any data you're going to present to come to any meaningful conclusion whatsoever.

>>22559219
Anon I hope so. My whole body would orgasm if Trump wins again.

>>22559257
right. remember the goal of their signal is simply that they don't get completely wiped out or lose substantial gains. since they only invested 1000 5 years ago they are still way way up and can afford to lose a lot.

Still all cash. Seems like something big is coming soon.

JSW (WSE)
A stock of a polish coal mining company JSW is rapidly growing on the warsaw stock exchange (11,5% yesterday alone and 34% in the last week) and will probably still 3x

why?
>almost all employees already had covid
>increased production
>European comission put their coal back on the strategic resources list
>chinese are buying their coal again to make steel
>its getting colder so domestic demand is growing again
also they were extremely undervalued and still are having once been as high as 141 PLN (28 PLN rn)
I already got 16% gains on this

WSE opens in 1 hour

>>22559263
Trump did great at the Town Hall, though

>>22559263
When zuck sat in front of congress and made them look like complete retards was an eye opening moment.

>tfw haven't bought the """dip"""
Oh, no, you won't get me again.

>>22559263
>I mean trump didnt look to sharp in his tone hall he did this week either.
He did decent. not great not terrible either. Plus literally every question was a BLM bait or Covid bullshit.

>>22559316
>JSW

how would you trade this in intl market?

MAKING NEW

AAAAAAAAAAAAAAAAAAAAAAAA

>>22559222
Checked and no
If you are born in a poor area
You could become rich by pure dumb luck
Like my 2nd uncle and my cousins
Aunt worked as a house keeper uncle worked as a construction worker
When out of the blue a steel been fell on him and he won a more than a million dollar settlement
It was literally Beverly hillbilly’s

>>22559353
It’ll Be done dipping next month bro

>>22559377
Make it miko

>>22559409
I made it cooking with bobo.

NEW NEW NEW NEW NEW N

>>22559412
>>22559412
>>22559412

>>22559412
>>22559412
>>22559412

>>22559362
That's true I was more focused on his healthcare plan. What is the republican answer to healthcare? Over 70% of americans agree there is a problem and while dems have a shitty answer of M4A I dont really know what the Republican one is. Obamacare was originally drafted by Romney and Ryan and was republican originally but after it was stolen and rebranded they kinda havent had an answer. >>22559362

>>22559353
futures are shitty. Witching hour is not over. Looks like shit for the rest of the week. Let's wait and see.

>>22559383
99% will be poor. I personally like Asians and blacks more than whites

>>22559451
I peronsally like whites and asians more than blacks.

>>22559470
You must really be afraid of blacks to think about them and talk about them every day for 20 years

>>22559451
It is funny seeing my cousins they have so much money and yet will act like they are hood rats

>>22559106
Still voting for /smg/