/biz/ - Business & Finance

>>22639962

GPRO to 5 dollars

Reminder that growth stocks will always appear overpriced. You're better off buying expensive tech calls than gambling your wage slave pittance on the meme stock of the week.

>>22640621
Should I pull out of tech stocks I’m scared

Honestly tho me considering use old name so these angry people can just filter me X_X

>look at my growth stocks bro
>THEY'RE GROOOOWING

>>22640797
No. You should have pulled out 3 weeks ago when we told you so. Now it's too late. Just ride it out and buy moar if you can.

Can someone pls explain to me the downside of buying this?
>PSQ January 2021 $15 Call @$2.50
$2.50 + $15.00 = $17.50
Current price = $17.33
Theta = -0.002
How is this not 'guaranteed' to PRINT 100-300%?
Nasdaq is going sub 9,000 with 99.99% confidence - how can this Call go wrong?
>30 million unemployed
>unemployment running out
>Fed can't do anything
>No stimulus this close to the election (Dems want things to get worse)
>Greatest deficit in history
>Greatest national debt in history
>Greatest consumer debt in history
>Election year
>Election disputed before voting begins
>Now SCOTUS uncertainty & national unrest
>Markets valued pre-covid levels
>We were in a bubble pre-covid, even worse now
>Going into second wave, countries are locking down again
>Global pandemic will be worse in winter months

>>22640835
new stimulus happens youll get btfo

>>22640797
you didn't already pull out start of September when line go deep green and deep red and back again in same day? Always a bad sign and buying pressure loses first.

but honestly the real reason I pulled out is because I needed to sell all my tech stocks to buy GME kek

Mount Ruger. Dare to scale it.

Threadly reminder to keep all meta discussion here and not feed the trolls
>>>>/qa/3478639 #

Just updated and I’m enjoying the New ios 14 update for the iPhone. Really nice user control, permissions and security features added. Also liking that I can finally take apps off of the Home Screens/pages then into an App Library and add widgets.

Buying more of AAPL.

>>22640835
Problem am working people hay ton disposable income now and nothing better for do but put money in stock market @_@

We need find "boredom cap" before solid shorts

I put $20 on GME but just got $130 from a trust fund. Do i pump it?

>>22640866
It seems very, very unlikely it'll be passed, especially now with the new SCOTUS fight that is starting. Time & political capital will be spent on pushing/blocking the appointment, instead of a compromise stimulus
Unemployment has also been holding 'steady' and even the Fed gave zero urging for Congress to pass a stimulus
Why would Democrats compromise their bill lower now?

>>22640890
I just started in September

>>22640835
Your fundamental analysis is bogus. NASDAQ is not iron ore. You're talking about stocks like NKLA that represent a gravity powered truck.

>>22640968
that amount of money wont do anything

you can get a 100% gain on that by just working for one day

>>22640961
>unironically shilling for AAPL

why cant people deal with rejection nowadays? it seems like they need instant gratification
(how do I profit off of this?)

>>22640981
im sorry

How high will GME go?

>>22640981
july 2020, all in tech

>>22641034
Im not gonna put all my savings down for my first investment going entirely off the advice from an indonesian flyfishing forum

>>22641151
then put a certain percentage on GME like 5% and then choose a few other well researched stocks too
and just watch it and learn.

if u have 20$ or 100$ in there ur gonna be wasting time

>>22640835
Good luck anon. I think I'll feel better if at least one of us makes it

>>22641116
at least 5x from the launch pad, maybe 10x given that a shit ton of shares are behind institutions, insiders, and activists. Potentially 20x if you want to be delusional.

does anyone remember what triggers the HTZ squeeze anyways? What kinda news made it fucking spike when it filed for bankruptcy already

>>22641243
Every company that filed for bankruptcy during corona got a massive trampoline boost like that a couple days after the bankruptcy was made public.

>>22641181
>if u have 20$ or 100$ in there ur gonna be wasting time
what? explain
i put about 50 dollars in because i'm new and don't want to waste too much money.

>>22641116
GME have many trapped longs @ 13 who will probably sell there they will have hard time breaking 13

It biggest resistance am @ 20.70 tho
It will prob never go overy that price againX_X

>>22641036
Kek but hey the direction they are going with their iPhone software is very much welcomed and liked. So that is a good sign to me, since most of their sales come from their iPhone. The stock has proved to be a solid growth stock too.

>>22641276
if its wasting money then dont invest youre not very convicted about your investment

you could have your 50$ in a stock for a year and have like 55$

its literally a waste of time children can make 5$ from their allowance

federal stimulus is basically subsidizing credit cards

>>22641181
Any pointers for starting stocks? Like where to look and what to pay attention to?

>>22640621
REMINDER :

Dividends and compound interest are your friend.

>>22641338

The first thing you do is buy SPY, the second thing you do is buy more SPY, the third thing you do is learn about all key metrics such as PE, PS, EBIT, Yield and similar stuff.
If you don't wanna bother with that then you can simply buy more SPY.

>>22641289
oh god it's you, i swear you've been gone for like 6 months
why are you back

>>22641341

>mfw the stocks I usually flip to divcap all suspended their divvys
>tfw dogshit interest environment so bonds give next to nothing unless you're pension fund funded
>practically forced to make gains either investing in growth, memes, or make options plays

Not this year anon.

>>22641484
Don't respond to them, see >>>/qa/3478639 and request they get perm IP banned

>>22641509

Suspended divvys doesn't matter. The money stays in the company and will get payed later or used for buybacks.

>>22641563
Imagine being so hardcore retardeluded you actually believe this.
Dividend inbreds really are the dumbest entities in the world.

Who else loaded up on TQQQ yeaterday

>>22641597

Ok, you tell me where the profit that hasn't been payed out it is going? Does it vanish into thin air? Will it disappear up your ass? Where is it?

>>22641597
...he's not wrong if he was talking about cumulative preferred stock :^)

>>22641089
invest in robo sluts

>>22641563

Fuck them, pay me. Why should I hold garbage like F unless I want to either collect the paltry div or want to buy a F150 or mustang GT?

>>22641538
Shut up, nigger.
Why do you even care so much about this thread? I never see you posting anything besides the OP. You make the threads and complain. What else?

>>22641243
Retail pumped it. Carl Icahn announced that he liquidated his holdings and Robinhood traders jumped on those lows. For a little while at least it was one of the top held companies on Robinhood.

>>22641673
Meta discussion belongs on /qa/, stop spamming

How do i invest for the coming civil war?

>>22641698
Thanks for proving my point, faggot.

>>22641719
Damn that is a big front line

>>22641673
fuck off they're sliding every fucking thread its ruining this board

>>22641311
tfw my kids get SPY shares for their allowance.

>>22641395
>>22641395
What makes SPY good?

>>22641782
Don't respond, report and post here. I've updated the thread with these posts. See >>>/qa/3480170

>>22641719
...Front of the line at Walmart, buying all the toilet paper

>>22640939
nobody uses /qa/ except whining niggers who you should never listen to, it's literally the "daddy hiroshimoot the meanies hurt my feelings" board

>>22641694
when does retail FOMO into Gamestop?

>>22641538
>perm IP banned
do you understand how fucking trivial it is to ban evade on 4chan
>turn phone off
>turn phone back on
>new IP
>wowwwww

You guys should get in on the uniswap gravy train. Were about to moon soon and I literally went from a broke college student to a millionaire overnight. You to can achieve the same level of success with uniswap. Boomer stocks are an ancient speculators game that will bring minimal gains, with crypto you can 10x your wealth in an afternoon.

>>22641795

It's an ETF consisting of 500 companies. Even if most of them crab or go down the best ones will drag up the entire index and give you consistent profit over time. It's very hard to consistently beat SPY, it outperforms a vast majority of actively managed funds.

New SA on $CLF

https://seekingalpha.com/article/4375014-cleveland-cliffs-long-term-investment-thesis-remains-intact

>>22641889
>how to spot the top in any crypto scam

>>22641509
All of my dividend stocks have maintained their yield except for Wendy's. Wendy's yield was already low so I don't mind.

Half my portfolio is in qqq and spy. I'm not all in divvy stocks.

>>22641563
I think this applies more to solid companies. I'd be worried if a shitty company with a poor outlook cut it's divvy desu

>>22641719
Based Linda is willing to fight and die for what she believes in. Can you say the same, Anon?

>>22641889
fuck off lol

we're gonna 20x with GME right now with only -20% short-term downside at most

QQQ - 15%
SOXX - 5%
VOO - 30%
VEU - 10%
VTI - 15%
VIG - 10%
SPHD - 5%
DIV - 10%

Rate my boomerfolio

>>22641901
>11/20 $8 calls

>>22641992
>gme
>20x
i seriously hope you are joking

i have no idea how calls work. How do you lend stocks, sell them and then buy back for less and give back???

>>22642031
no shit

im really just expecting 5x, maybe 10x if we're really lucky

>>22641869
I wouldn't hold my breath. The time to jump in was when they finally suspended their dividend. Anecdotally I've noticed that retail traders without the money to buy real companies like AAPL or MSFT like to gravitate towards under $10 companies because of the perceived value of the share price. You know the type that brags about buying fractional shares of F. GME is nearing $10 and is about to price out low confidence traders. Low capital can be remedied easily will ballsy plays but nothing can fix low confidence. Don't forget that even normies know that GME fucking sucks. Full disclosure I don't have GME and have lost a few thousand buying meme calls in the past.

>>22642031
20x if you got in at $5 maybe, but even then probably just 10x

>>22641995
Nice mine is
>V
>NEE
>VOOG
>PLUG
>SDIV

>>22642123
Normies "knowing" that GME sucks without actually understanding their financial position is how we got to a 100% short float, that's the dumb money we're betting against

>>22642043
It's a bit more complicated than that depending on if you're on the buy or sell side of the trade.

>>22642073
>>22642132
You need to get lucky for that stock to reach $20, forget 20x.

>>22642168
It's structural arbitrage that went wrong because of buybacks and the bond tender offer. This has nothing to do with normalfags. Normalfags don't short 600 million worth of stock.

>>22642168
That's a fair argument.
>>22642230
These GMEoids can 20x with some way otm calls.

>>22641719
>>22641917

Linda won't do shit. Probably a good time to consider investing in Weight Watchers.

>>22642139
Very boomer, why not very diversified though?

AMZN
FB
AAPL
GOOGL
MSFT
AMD
NVIDIA
MA
V
PYPL

Even 10% split. Thoughts?

How do i go about building my first portfolio?

I want to tongue Mrlissa Lee's butthole
https://youtu.be/SP4luUAT4aI

>>22642289
Never go even. Weight by market cap instead.
Drop MA, V, PYPL.
Don't get in before the bottom is in.

>>22642230
tell me, how much did you look into GME's situation right now?
that's a rhetorical question btw because I know you didn't do shit. You completely overlooked it because of your negative bias against Gamestop.

do you think I love Gamestop or something kek

>>22642313
All in TQQQ then forget about it for 10 years.

>>22642230
haha squeezy stock go brrr

>>22642339
tbf $20 is my first sell point and I'll have a stop limit there if we go higher, it's also the rumored buyout price but I'm pretty sure that "rumour" is just one guy on seekingbeta

>>22642313
100% GME, sell half at $20 and the rest at $50

Any swedes in here?
Do you think stocks in handelsbanken is a good buy right now? It's been dropping a lot but there's no way it'd go bankrupt

>>22642289
Instead of investing in amzn, fb, aapl, msft, amd, and nvdia just buy qqq or tqqq

Instead of investing in v, ma, and pypl just invest in spy or spxl

>>22642275
>Probably a good time to consider investing in Weight Watchers.

Uhm.. hello... is this the based department ?

>>22640749
>You're better off buying expensive
Or wait for the hype to end...

>>22642253
whoever it is, im glad they fucked up because I'm not on the side with unlimited downside
but seriously I thought hedge funds were smarter than retail, how did they get themselves into this mess?

>>22642423
If you just buy AAPL NVDA TSLA and MSFT do you even need QQQ or TQQQ's leverage? All that other garbage drags them down.

>Linking to /qa/
Oh no did some posters hurt your feefees?

>>22642434
They're only smarter if you include gamblers and people investing through their bank as 'retail'.
Other than that, beside being extremely retarded, they are also operating under a series of rules that prevent them from doing truly great plays.

>>22642434
>I thought hedge funds were smarter than retail
You'd be surprised by the metric shitton of bags some funds are holding. BVF is really shitting the bed lately.

>>22642327
Good suggestions, thanks
>>22642423
Can't buy those, I'm not a burger

>>22642393
I have a similar strategy, stop losses once I hit price target around $20, but I'd like to ride it up as much as I can.
$50 was the moonshot, and I'm half convinced that people are spouting $100, $200, and even fucking $400 kek by that delusional seekingalpha dude just so other people don't prematurely sell before the peak of the squeeze.

If and when the real squeeze is underway, I'll sell in chunks on day 2 through day 3. Selling too early (day 1) seems to be worse than selling too late based on previous short squeezes

>>22642278
No need to diversify. They will all offer steady growth or divvys. I like NEE especially and they are due for a 4 to 1 split next month

>>22642485
This. And to respond to this anon >>22640835, the problem with your plan is that the market movers are utterly deluded. I would highly advise against bagholding in this market. I'm only doing momentum trades. Just do momentum options if you need to do options; get some calls or puts that are $30-$50 and wait until they swing up intraday for 100-500% profit.

>>22642313
80% towards growth
15% towards blue chip divvies
5% high yield divvies

PLOT TWIST:
>Trump nominates a justice
>Senate confirms
>Biden wins
>A conservative justice dies

>>22642454
>All that other garbage drags them down.

S&P along with nasdaq and managed by an elite group of wealthy, high IQ Je- ... Investors.

Under-performing "garbage" companies are actively replaced with better ones on a yearly bases. (that is why you pay a fee).

Also, leverage is a very powerful tool in a bull market.

>>22642509
What's your allocation % for each of them?

A very wealthy (now retired) investment banker once told me: “The stock market over-reacts, but is right about the general direction”

>>22642423
>Instead of investing in v, ma, and pypl just invest in spy
???

If you want exposure to fintech you probably want to avoid banks. If I want to overweight sectors I think to diversify away from index holdings with some shares of individual companies.

>>22642704
The one I have always listened to is:
"The bond market wins every argument with the stock market"
And I will tell you the bond market is not happy.

>>22642636
Right now
>NEE 40%
>V 10%
>VOOG 10%
>PLUG 10%
>SDIV 20%

https://amp.reddit.com/r/investing/comments/clh7r9/gamestop_gme_short_squeeze_is_coming/

>2019
>it will work this time!

GME is reddit

>>22642755
If you got NEE(t) before 2017 you must be doing breddy good. V is the only one that stood out to me as being wonky.

hoping my chamath SPACs, SHLL, and GME will balance out my tech bags

>>22642800
Wow. That's what I call superior dd.

>>22642800
Short squeeze feels like a meme but a long position for a single quarter seems exactly like the kind of underestimated position that gives you better returns than the market. Especially with what the call premiums were.
If you want a ticker that oozes Reddit from every possible orifice, it is still TSLA

>>22642730
speaking of bonds

this is what it looks like for Gamestop now despite short still being near 100% of float. Most ridiculous shit ever

>>22642800
haha are you telling me GME isn't a meme and people are actually betting on it?
Good fucking lord guys they filed for bankruptcy months ago

>>22642715
>If I want to overweight sectors

>>22642853
No, it's GME.

>>22642882
GME isn't a penny stock

>>22642815
I wish I’ve only been accumulating it for like 6 months now. I contribute both-monthly to my portfolio and my NEE position is up around 6%. Slow and steady just the way I like it

>>22642800
are they wrong?

GME was less than $4 then

>>22642936
*crack* I'll drink a cold bang's to that one buddy.

>>22642925
Ignore him. He's clearly retarded.

>>22642815
And I like V because I believe it to be extremely stable. It pays a small dividend but it’s growth is consistent

>>22642925
read >>22642940

>>22642800
These people have over 2x’d by now you fucking idiot

>>22642953
Nothing like a good bang's after a long day of sitting on my ass doing nothing

>>22642882
>bankruptcy
you are so behind on the current situation
Q2 was disastrous but it still sealed the fate of all the short sellers betting on GME to $0

they're positioned very fucking well for the new console cycle

>>22642953
It’s difficult to explain how comfortable a boomerfolio is. All about that generational wealth to leave behind

if I write a call and buy it back is that considered a daytrade?

>>22643053
or telling mr. shekelstein you're gonna take the day off because divvies just hit and you're got the next 30 years in an account waiting for you. *sips*

Guys what are the banks going to do? I bet like all my money on them.

>>22643113
Cant relate to that yet. I got the DRIP running no stop

>>22643130
Uhh they're probably gonna lend some money and not lend some other money

WHEN WILL TQQQ FUCKING RECOVER I BOUGHT AT 168

>How does virtually every tech company become twice as valuable in 6 months?
If every human suddenly became a celiac — with some cases definitely being temporary and some definitely being permanent, but most being indeterminate — the gluten-free food industry would experience unprecedented projected growth.
Instead, every human is stuck in their houses at once, and every job has become remote at once... with some cases being definitely temporary, some definitely permanent, but most indeterminate.
Why wouldn’t the industry that delivers products and services to enable people to work, have fun, eat, communicate, etc. from home, not then experience unprecedented projected growth?

>>22643130
antifa is going to peacefully protest the local banks and all the big corporates will take over. credit unions will be a relic of the past and your BAC calls will moon.

>>22643173
It will probably hit 80 before recovering. It's going to hit 300 in 2021 anyway so just hold.

>>22643173
HAHHAHAHAHAHHHAHAHAHHHAHAHAHAHHAHAHAHAHHHAHAHAHHHAHAHAHAHHAHAHAHAHHHAHAHAHHHAHAHAHAHHAHAHAHAHHHAHAHAHHHAHAHAHAHHAHAHAHAHHHAHAHAHHHAHAHAHAHHAHAHAHAHHHAHAHAHHHAHAHAHAHHAHAHAHAHHHAHAHAHHHAHAHAHAHHAHAHAHAHHHAHAHAHHHAHAHAHAHHAHAHAHAHHHAHAHAHHHAHAHAHAHHAHAHAHAHHHAHAHAHHHAHAHAHAHHAHAHAHAHHHAHAHAHHHAHAHA

>>22643173
Shoulda tripled your investment when it was $110 and sold when it hits $118 so can break relatively even

>>22643130
on Thursday some info was put out on a second round of stress tests by the Fed, with results being published individually instead of an aggregate as in June. Their inability to issue dividends or do buybacks will probably be extended. The results will be announced "by the end of the year", but no set calendar was given that I could find. If you can find one, swing trading FAZ could be done to good effect.

Time to buy utilities?

>>22643187
>>22643142
I have 250 calls and 1800 shares of Citi. How based am I?

>>22643173
YOU HAVE TO LIVE IT

>>22643173
average down retard.

>>22640621
I rarely come here on weekends. Thank you, degenerates should find some rope.

Buy CRWD on a dip.

Apparently, someone outran a Tesla on a racetrack?!?

>>22643223
You would be giga based if you were writing 268 calls on your long calls and long stock.

>>22643173
Same mate, just hold long

>>22643257
I do sell covered calls, but that is foolish given I think the price is going much higher. Plus my options expire Oct 23rd.

Apparently some tesla auto assistance feature is available to buy again at 4k? Saw it on reddit, seems like people are buying it. should be bullish. And once they make those software features a subscription or something it will even be more bullish

>>22643316
your calls better be itm if they expire in a month lmfao. What's your position?

I bought the dip and now my TQQQ average is 138. Probably a good idea to stop buying now until the bottom is in, right? I think i have enough now if this turns right around into a bull market

>>22643393
Out of the money. $48 calls.

>>22643410
You're fucked. It's gonna be a really slow fucking too.

>>22643399
>I bought the dip
>average is 138
Well obviously you didn't

>>22643342
Its enhanced autopilot, and its basically a scaled down version of the FSD package. It exists because people aren't paying for FSD.
It is a stealth price cut. Like all the other like 6 price cuts TSLA has made since the start of 2019.

>>22640809
The fuck, so YOU are the guy who's ruining /smg/. You should've stayed away. Go away and never return.

>>22640809
you can start not annoying people by returning to Anonymous and stop avatarfagging and use propper grammar. Why do you choose to be a retard?

>>22643399
averaging down always sounds like a recipe for disaster to me.
It's one thing to DCA from the start with your paycheck regularly, but averaging down as a reactive measure seems like a way to dig yourself deep in a hole unless you're really sure what you're doing.

>>22643485
Seems bullish to me. Potentially more people will buy it.

I think a lot of people aren't buying it because the upgrade is associated with that single car rather than that persons account. So if they upgrade it 2 or 3 years they lose that. I think once they feel better about the tech it will switch to subscription.

>>22643599
>>22643512
Keep it in >>>/qa/3478639 and don't insult them. You don't need to make them feel bad about themselves. Hate the sin, not the sinner.

>>22643605
>Seems bullish to me. Potentially more people will buy it.
Depends on what you mean by bullish. Cost cutting is only to spur sales but at the expense of margins. It is also middle finger #13453 to any current owner that bought into the "Teslas are appreciating assets" memes.
Because the absolute worst thing for TSLA would be to actually be treated as a car company. Which would make sense, since everything else they do is a rounding error in terms of percentage of their revenue except, of course, carbon credits.

>>22643217
is there ever a bad time to be buying utilities?
super boring though, it's more for storing wealth

>>22643601
For me, averaging down is for when you know a stock is mid or longterm healthy, and you just mistimed your purchasing. It's only worth putting more in if you're relatively certain it's going to go back up soon(TM).

If I'm gambling on a growth stock and it dips, unless I'm confident, I just let it sit.

>>22643654
only whiny faggots link to QA fuck off

if i make less than 10k in taxable short term gains will uncle sam actually get up in my asshole?

>>22643601
>>22643601
Yeah but you can't compare acb with tqqq graph wise because you wouldn't compare them any other way really they are completey different.

Averaging down is what it is. I averaged down with ibio after it crashed beloq 2 dollars. So God damn happy i did. Average dropped from 3.80 to 2.62 ,

Tqqq is still hard though because I have no idea what tech is doing.

>>22643676
You could buy a badly managed one, like PGE

>>22640835
Market has proven to not act this way, prices went back to pre-COVID already is a massive indicator that these things are largely priced in.

There will be money to be made though the volatility but its no major crash scenario honestly.

30 million unemployed is pretty bad desu. However, how many of those people actually mattered to begin with. Many of them are gonna start borrowing credit and thrus continuing to fuel the economic growth on paper, lmao.

Who cares about wage slaves.

>>22640704
Your picks are bad and so is the cartoon you post and you should feel bad too.

>>22643708
Just so you know. When the market is no longer even pretending it reflects even the future of the economy anymore than stocks in general are just business backed cryptocurrencies.

>>22643431
I've heard this before. But I continue to make money. Been buying Citi calls since June. This is just the biggest position I've ever taken because the stock got slammed over 10% for no good reason.

>>22643699
I think it will come back to bight your ass if you dont report it

>>22643736
Of course, worst time to be making risky bets/bag holding.

Clown market, wouldn't bet on it going up or down with any confidence.

>>22643217
Why, looters don't pay bills and you can't evict them.

Anybody have UEC?

They announced a public offering at 1.20 for a unit and a half warrant after-hours friday. I guess I'll be bagholding and should average down sometime after it drops low. Was a longterm hold anyway

TRUMP TELLS REPORTERS HE HAS APPROVED TIKTOK ORACLE DEAL
>TRUMP TELLS REPORTERS HE HAS APPROVED TIKTOK ORACLE DEAL
TRUMP TELLS REPORTERS HE HAS APPROVED TIKTOK ORACLE DEAL
>TRUMP TELLS REPORTERS HE HAS APPROVED TIKTOK ORACLE DEAL
TRUMP TELLS REPORTERS HE HAS APPROVED TIKTOK ORACLE DEAL
>TRUMP TELLS REPORTERS HE HAS APPROVED TIKTOK ORACLE DEAL
TRUMP TELLS REPORTERS HE HAS APPROVED TIKTOK ORACLE DEAL
>TRUMP TELLS REPORTERS HE HAS APPROVED TIKTOK ORACLE DEAL
TRUMP TELLS REPORTERS HE HAS APPROVED TIKTOK ORACLE DEAL
>TRUMP TELLS REPORTERS HE HAS APPROVED TIKTOK ORACLE DEAL
TRUMP TELLS REPORTERS HE HAS APPROVED TIKTOK ORACLE DEAL
>TRUMP TELLS REPORTERS HE HAS APPROVED TIKTOK ORACLE DEAL
TRUMP TELLS REPORTERS HE HAS APPROVED TIKTOK ORACLE DEAL
>TRUMP TELLS REPORTERS HE HAS APPROVED TIKTOK ORACLE DEAL

extremely green week incoming

Updated my extreme diversification boomerfolio composition to:
QQQ 15%
SOXX 5%
VOO 15%
VEU 10%
VTI 15%
VIG 10%
SPHD 5%
DIV 5%
SDIV 5%
VOOG 15%

Is this diverse enough?

>>22643698
Find Jesus mate

>>22643813
I've heard he likes to hide under the couch.

>>22643798
>the market needs a TikTok deal to keep going
This rally has every reason to be the most hated rally in history

>>22643806
>buys 5000 companies
>"is this diverse enough"

no, buy african ETFs

>>22643699
dont fuck with the fed unless you're willing to spend 3 years minimum in the pen.

>>22643813
>christfag wants skydaddy hiroshimoot to solve all his problems
have you tried praying the trolls away? lmao

>>22643806
>QQQ 15%
>SOXX 5%
>VOO 15%
Should be TQQQ, SOXL, SPXL

>>22643173
Oh God they more top buys than me think @_@

This no good

>>22643852
Yeah crypto you may have been able to get away with 3 years ago but now they are on it. And stocks they were on for decades now

Savanon, come out of the shadows and rundown the state of SAVA & GALT

Question for the GME bears. What other company grew their online sales 800% last quarter? Growth investors cream themselves over a 50% YoY growth even without profits.

>>22643798
Wow it's actually true

>>22643699
No. You typically gotta make 10k+ I capital gain assume you not have huge income

>>22643902
>g*lt

>>22643601
>comparing qqq to aurora cannabis

>>22643868
I'm pretty sure that TQQQ is going to continue to get bought up. Market makers are still bullish >_>

>>22643931
Yes, it's a good stock.

>>22642327
new trader here. how to know when the "bottom is in"?

>>22643918
Rkg I thought you died. Weren't you always shit posting from a hospital bed.

>>22643854
No but I'll pray for you

>>22643959
When you stop losing money.

>>22643918
What do you mean?
That sounds like you're I laying with fire if you dont report it

>>22643959
No one knows anything. Not /smg/, not r/wsb, not wall street, not your financial advisor mum, not the episcopal preacher. We're all just trying to make it in our own ways.

>>22643944
Does this look like blood running in the streets? This is ambiguous. I need to see more red before I go all in.

>>22644007
but muh michael burry and muh CDOs

>>22644007
so i should just try to be based?
>>22644017
tell me about Bane! why does he wear the mask?

>>22644052
go all in on Gamestop at 10am EST on Monday

>>22643970
Me nevery left o_o
Put back on name so people can filter me
X_X apparently me posta very offensive

And somehow not die

>>22644004
Am talking about if capital gains am only income they will typically see that as income and no tax it

>>22643959
Depends what deity you believe in. If it's Nkulunkulu then you can try TA. If it's Yaweh, maybe look at insider movement with things like option volume. If it's Quetzalcoatl, look at fundamentals. If you're an atheist, of course you're on your own to find what works.

>>22643699
Don't listen to this retard. >>22643918
Your broker reports your info to the IRS too. IRS checks what you report to what your broker reported, if they don't match up you're in for a fun time.

>>22644092
Never change, faggot.

>>22643959
When 90% of the "smart" money is panicking and TV is predicting an eternal downturn. Stuff like pic related as well. I was watching it in March and thought the bottom was about to be in on the weekend prior to March 23rd.

>>22644093
what do the Jews use?
>an Asian Quant chained up in the basement

So what exactly is the Fed going to do to reach its "average inflation targets"? What tools do they still have that aren't just market buying AAPL?

>>22644092
You lie. RKG died of leukemia in 2012.
>>22644017
IF I TAKE HIS MASK OFF, WILL HE DIE?

>>22643806
and when the sp500 tanks all those will tank proportionately. at least throw a little into GLD/miners, and muni bonds or something.

>>22644124
nothing, QE hasn't worked and direct stimulus is the job of Congress

>>22644094
Screw you >:(
Have been there tax person told me that
Had made under 10k one year and not have pay anything

let me help you guys make money

>>22644092
You still have to report it. And they would tax him he just would fit in a lower bracket tax bracket. And considering he's asking if 10k is taxable I would assume that daytrading isn't his day job.

>>22644088
stock or call option contracts?

>>22644203
both if you feel comfortable with options, stock if you don't

Also idk how options will work if something weird happens like all the shorts get called back to vote on a Cohen buyout

>>22644175
Sorry pal, I only write my own equations.

damn I haven't followed the market lately

just looked up TQQQ

LOL

>>22643798
he also aproved msft deal? this is just gov of china that wont let tiktok sell the algorithm

>>22644052
>>22644140
It doesn't matter who we are, what matters is our plan. No one cared who I was until I put on the mask.

Don't try to cheat the IRS. Claim your profits/divvies on your taxes and go on. Unless you've made a shit pot of green the bite won't be that bad anyway. How bad the bite is depends really on your tax bracket and how far you are from the next one. So you could end up not getting bit at all and still get a refund to boot.

Someone finally wrote a good DD on r/wsb for Gamestop, gonna be real happy if all those dumb yolo calls end up causing the infinity squeeze

>>22644168
less than 10k in total income? Or less than 10k for short-term capital gains when you have another source of taxable income? The former puts you in the lowest possible tax bracket. The latter is still fully taxable and if you don't pay on it will most likely result in you getting a fat bill+ interest from the IRS later.

>>22644234
while it was approaching the top I was beginning to seeth seeing people post their TQQQ gains

>Don't try to cheat the IRS. Claim your profits/divvies on your taxes and go on

>>22644247
>Don't try to cheat the IRS.
You wish you IRS glownigger, my gains are mine.

>>22644168
>>22644277
The IRS loves to just wait. They're the most patient tool of the government. One day you're gonna wake up to an ABC stack to your door and the first thing they're gonna say is, "Hey faggot, remember that time 12 years ago you forgot to pay taxes?"

>>22643933
>>22643704
no I get it.
>unless you're really sure what you're doing.
was kinda what i'm getting to

i've had too much fun watching people on stocktwits average down on GNUS.
Call me a pussy but I'd still be hesitant on averaging down on TQQQ though rather than QQQ, especially with volatility elevated right now

>>22644277
>>22644299
Lmao. Spoken like true retards. The IRS always wins boys, don't try to fight it. If you do, have fun sorting out the mess you gonna have on your hands.

>>22640969
Good post about the UKs economy; we’re in America... re-read big Daddy Jerome’s minute notes from this week’s meeting- he calls for additional stimulus directed towards consumers specifically...

>>22644322
>"Hey faggot, remember that time 12 years ago you forgot to pay taxes?"
No no, you got it wrong, I didn't forget, I lied on them.
>In most cases, the IRS has three years to audit your tax returns once they’re filed. Put simply, this means the federal tax fraud statute of limitations is three years past your filing date. However, if the IRS discovers that over a quarter of your income was omitted on your tax return, the statute of limitations doubles. In other words, the agency has six years to file charges against you

>>22643798
>Bytedance gets to keep tiktok
>Trump got free press

I guess everyone becomes a winner of that one.

>>22644355
>Call me a pussy but I'd still be hesitant on averaging down on TQQQ
I'd call you intelligent. There no fucking reason to avg. down on a 3x leveraged ETF. If you need to do that you fucked up royally and shouldn't be trading int he first place. Leveraged ETFs are for short holds.

>>22644386
You need an affidavit to assert that, or they will claim you forgot them.

>>22642139
Shill me on SDIV over DIV.

Also fuck the IRS

damn selling puts on GME is looking pretty juicy

>>22644423
Point to anytime on tqqq where that wouldnt have worked

>>22644489
Right now. You faggots have been operating under the assumption that stocks only go up, and so far they have. So buying TQQQ or any other 3x leveraged bull etf has worked out pretty well. That's gonna change and many of you long-term ETF holders are gonna learn about leveraged ETF decay in a volatile market.

>>22644368
It's affecting the entire world anon. We're going into a global recession.

https://www.federalreserve.gov/newsevents/pressreleases/monetary20200916a.htm
Please show me where he mentions anything about the need for stimulus

Yes, in the minutes from months ago he called for more stimulus - no calls for stimulus whatsoever in the past month

>>22644567
>this time it's different

>>22644567
>right now
Lmao look at this pathetic bear, thinking he can live outside his cave.

This is the only safe place from UNI swap spam. God the number of brainlets who somehow lost money on a free money drop LOL.

We always have increased crypto spam on weekends, since the wagies come on the board to spam. Imagine being a wagie.

>>22644322
>>22644269
The latter >_>
In me case yeah am know kinda playing dangerous game with IRS
But me also 500k in debt and just got off disability because making enough

It like damn Gov would love be tac paying citizen just give me few years get back on feet again
Am hoping they do @_@

>>22644588
>this time the way to make easy money that everybody and their mothers know about is gonna pan out with out any complications

>>22644277
I have family that have been / are in prison for tax fraud. Dont try it annakin.

>>22644625
it could retrace another 50% and cost averaging down into it would still be a good investment, nobody is claiming it's not volatile

>>22644588
well it's always spooky to lose 70% value whether it's unrealized or not, that's why I take my profits on TQQQ and come back another day if it gets too volatile. I was in and out of TQQQ a couple times leading up to the September dip. Missed out on a lot of gains because I dipped prematurely like a week (that was like almost +10% I missed out on from just a single week), but ultimately dodged the bullet.

Any attempt catching the falling knife through the March dip would leave them better off.

>>22644567
>>this time it's different

good lord why is the volume on GME 30c 1/21 so high compared to everything else above 10

>>22644670
desu if I wasn't balls deep in Gamestop that money would be in cash for now, the political-related volatility between now and December will be batshit

>>22644676
>I have to resort to memes because I'm too retarded for actual models
Seems about right.

>>22644696
degenerate gamblers or outright price manipulation by other hedge funds or whales noticing the dilemma of whoever the fuck shorted the entire float

ANONS OTHER THAN RKG: Please make the general when this one expires. It should not be the same person making the same thread every time. This causes problems and goes against the spirit of the board. RKG - please stop making the OP. The purpose of this website is to allow other people to participate, so that the discussion is decentralized manner. I still don't think you fully understand how 4chan works, it isn't like a normal social media site where you use a handle and get upvotes etc. But I appreciate that since I've posted the complaint you've been behaving and you seem to not want to derail the thread, at least today. Hopefully you can understand board culture better as you get older. But the guro posting and posting about watching snuff porn is disgusting (at least, I'm assuming you posted that -- it matches your writing signature). Yes, people used to post that stuff back in the day. Those people ended up behind bars or an hero'ed. Get some help, I'm legitimately worried about you. That path does not end well fren. Jesus loves you

For OP posters, please stop inserting nonsense into the OP about dragon dildos, trump, etc.

I'm glad this general has been cleaned up and is working properly now. Tinnie is completely absent. He's welcome back if he actually posts on topic and trades. HOPEFULLY this week the general will be helpful to people who are trying to trade. I'm returning to lurking now. -Anon

>>22644696
is that the call shilled in the SA article?

>>22644704
i can't fucking believe GME shitcoin is more stable than the rest of the market right now. We were green the ENTIRE week.
I don't even know how we'll get our overdue pullback when Xbox hype is next week, unless literally no gaems

>>22644707
All bearish models I saw in March did the exact opposite of what happened.
Forgive for my scepticism, but NOBODY knows where it's going. You may be right, your maybe wrong. Best to have a portfolio hedged towards that reality.

But sorry, I'm too retarded for models

>>22644732
>Please make the general when this one expires
I will... I certainly will.. don't worry about it.

>>22644707
it's not a meme you're literally claiming that TQQQ is going to act in a fundamentally different manner than it has since inception based on vague ideas of short term volatility

>>22644732
this is autism

>>22644732
What fresh brand of newfaggotry is this?

why are you so confident in GME?

>>22640921
SWBI is the same.
Suffering from Biden chances going to ZERO.
Still time until the election for a boost, guns and ammo still sold out everywhere.

>>22644773
it's the funniest shit ever, everyone overlooked it because it's Gamestop.
Do your DD or keep lurking until someone else shills DD for you.

main point is >100% short interest and GME is not going bankrupt anymore

>>22644622
>500k in debt
Sorry anon...fuck that

>>22644622
Sounds like you had a lot of extenuating circumstances, so maybe your tax situation was different, especially if you had an actual CPA look into it. IDK, but just as advice to other anons it's always nice to give the IRS everything they want and not try to trick them.

>>22644747
Gamestop can't go down because new shorts keep entering and immediately being btfo

>>22644773
basically this is the setup
>GME is not bankrupt, they've got good cash and no debt due this year, current ratio > 1
>GME was priced to go bankrupt ($5)
>Michael Burry was first to the trade as always, he owns 5% of the company and has for a while
>Ryan Cohen, the CHWY guy, just bought 10% of the company and filed a 13Q saying he might buy more
>short float now >100% of publicly available shares
>short borrow rates >50%

>>22644749
>All bearish models I saw in March did the exact opposite of what happened.
Call volume has been a huge factor.
You have to adjust your shit as new data comes in.
>>22644767
>this is autism
He's a autistic pol tranny with ocd. He doesn't even post in those threads. All of his OPs are "1 post by this ID". He only made 2 posts itt because I called him a nigger because of this shitshow he's pulling up again.

>>22644824
I still believe GME is a fucking meme and nothing else long term. Console sales alone can't save them for next 10 fucking years, no one buys physical anymore. The fact Burry bought it probably contributed to this stupid rocket, just like Buffet doing anything.

>>22644879
>long term
yeah nobody here is in GME past January and most people will be out by November

but in that time, it could hit some very obscene prices simply because of the short squeeze

>>22644908
Whats a short squeeze?

>>22644879
>I still believe GME is a fucking meme and nothing else long term
While it was undervalued until recently (and maybe even still is) you're probably right. The squeeze will happen regardless. The only long term chance( >2-3 years) I see for GME is Cohen.

>>22644764
If you link to furaffinity in the next OP I will buy one (1) share of GME.

>>22644656
>>22644676
Fucking idiots. If you think it's always a "good buy" to avg. down on a 3x leveraged ETF then I think you need to stop trading now before it's too late. Never have a trading strategy that includes avg. down on a 3x leveraged ETF in a volatile market. You're just asking for trouble. Leveraged ETFs are made for short holds. You tards just got extremely lucky the past couple months.

>>22644824
>Gamestop can't go down because new shorts keep entering and immediately being btfo
it's so fucking hilarious
all the new shorts this week are pretty much underwater already or very close to it, right before Xbox hype.
Why the fuck do new short sellers keep jumping in a severely overcrowded trade? Are they going to keep shorting even when a real squeeze is triggered?

like I'm not going to deny we are going to get a nasty pullback and some short sellers with godly timing will profit, but holy shit the craszy risk-reward they're playing with right now is suicidal

i assume fintel.io is a reasonably accurate resource, please correct me if im wrong.

>>22644949
>leveraged etfs are for short holds only
Never heard the legend of the UPRO/TMF hodler, huh? Lurk moar.

>>22644922
When you short a stock, you borrow it from your broker to sell, and if the price goes down you buy the stock back and pocket the different as profit. If the stock goes up your downside is unlimited, you are OBLIGATED to buy the stock back eventually or if you get margin called.

Shares outstanding is how many shares exist. Float is how many shares are available on the market, publicly traded (as opposed to being held by insiders, etc)

Right now Gamestop has more shares that have been short sold (borrowed and then sold) than the public float.

When the price starts to go up, shorts lose money. Eventually they get margin called if they lose too much. This forces those shares to be bought back. Which raises the price. Which causes more margin calls. Which causes stock to be bought back. Raising the price. And so on.

Gamestop is a special type of short squeeze called an infinity squeeze, where there's no limit to the price because there mathematically is not enough stock to buy back in existence.

>>22644949
>inb4 soxlfaggot

>>22644970
>Never heard the legend of the UPRO/TMF hodler, huh?
Oh Lord in heaven, please help these retarded souls!

TIK THOT AND ORACLE DEAL APPROVED

>>22644968
Short volumes are bunk. They're off exchange and heavily polluted by market making activity.

>>22645060
(in concept)

>>22645009
Thanks anon

>>22645009
>Gamestop is a special type of short squeeze called an infinity squeeze, where there's no limit to the price because there mathematically is not enough stock to buy back in existence.
how realistic is this really, because I put like 30% of my shares in a delusional limit sell at $2000 just in case
Would trading get halted before the order book is bought out, and then I get undercut by algos by then as the order book gets refilled?
I recall KODK was halted momentarily which really stunted the infinity squeeze.

fuck, if it happens, i want to fuck some retard hedge fun over by forcing them to buy over $1000.

as for the rest of my shares, I figure I'll just sell them in chunks throughout the squeeze since there's no way I can time the real peak perfectly.

>>22644970
>what are risk adjusted returns

>>22645085
It'll probably be halted before the entire market is brought to its knees by a fucking GME hyperpump, my bull case sell limit is $50 (even if it might go higher I'm more than happy to take my 8x and leave)

>>22645065
You're saying you think the shorts are being intentionally overdone by market makers because they also want a short squeeze to happen?

>>22644922
Margin call on shorts triggers them to auto-buy driving up the price and a margin call on the next shorts

Up to ridiculous valuations. Then momo traders pile in

>>22645122
that's what i was worried about, GME $100 really might not happen after all

>>22645137
no, market makers short sell when you buy and then cover it with options

>>22645158
$100 is wacky Cohen causes a squeeze on purpose valuation, possible but don't count on it

>>22645085
>how realistic is this really
It's possible but not likely.
This would only work if it's forced market buying by their broker due to margin calls.
>>22645137
No, I'm saying that you're using a random number generator for DD:

>>22645085
>>22645145
God damn.

I didn't really pay attention to this because I didnt think it would work. And im still skeptical

Can I fomo in Monday premarket still for 2x 3x?

>>22645158
>GME to $100
Not in my wildest fucking dreams
Im hyper bullish and still plan to sell 1/2 at $20 and the rest at $80

>>22645015
SOXLfaggot got in on the bottom floor and has rode up on the semiconductor bull run, thus proving that leveraged ETFs are good for bull runs! I'm not arguing against that. But certain retards have it in their head that the market only goes up and that any price is a good entry price and that avg. down on a leveraged ETF in a volatile market is a good trading strategy.

>>22645009
Now that the market has gay circuit breakers down AND up infinity squeezes can't happen anymore

>>22645182
Its at 9 bucks right now. You can still get 25x on call and 4-5x on stock if we hit 50

Its still good profit even if we tap out at $20

Unironically please do the more people pile in the more likely it becomes. Unlike regular greater fool only the shorts get fucked here

>>22644423
>leveraged etfs are for short holds
spoken like a true redditor

>>22645204

fo realz dawg?

>>22645226
why is there such a disparity between call and stock?
also at what point does it become too late to opt in? i already have $20 in and am considering pumping in another $180

>>22645236
Can't wait to hear from you and your Leveraged ETF decay in a month!

>>22645226
I would do options but I have to re apply and fidelity already turned me away once because I dont have any experience with it even though I have the money to do it.

25x sounds great. And im tempted but I think ill have to settle for stocks this time. I dont really want to open the options door anyway

>>22645268
Options are leverage

>>22645268
I'm guessing because the option is all speculation and not concrete so when it gets closer to becoming reality the price goes up much faster.

>>22644824
>Michael Burry was first to the trade as always, he owns 5% of the company and has for a while
Micheal Bury was long on Taylored Brands.
Which went bankrupt because no one is buying suits to work anymore

>>22645189
i just want to see that tripfag blown the fuck out if we actually hit the delusional $100 moonshot

>>22645204
this is still the same year KODK, APRN, and HTZ squeezes happened. Probably some other shit I'm forgetting, maybe OSTK and TUP aided by short sellers getting burned as well, since i don't know how to explain their explosive "growth".

>>22645284
It am funny people who bought TQQQ during second tp last top not make they money back in last top ke
The decay on TQQQ brutal

people using the word stock(s) when they should be using shares(s) really grinds my gears

Damn guess I buy gme monday

>>22645094

>>22645178
>no, market makers short sell when you buy and then cover it with options
Oh, that makes more sense

>>22645348
Hello

New
>>22645373

>>22645373

>>22645373

>>22645373

>>22645373

>>22645326
im holding 1500 GME stocks right now

>could have had millions of dollars to play with in the stock market if my dad loved me since he's ultra rich.

Almost feel like I'm spared the insanity of the stock market by not having that much money.

Anyway, is it a smart idea if I get to maybe put 40-50 dollars a month in a stock? Would that make any difference later on

>>22645379
>2 posts before the bump limit
>hentai
Delete this or I will tell our tranny overlord.

>>22645416
No.

>>22645288
Yeah fidelity is a dick. Im mostly in stock on fidelity but have an options position on RH ive been adding to

>>22645268
This:
>>22645290
An option is a contract on 100x shares

Also deep OTM options tend to be undervalued depending on market sentiment (TSLA puts are way overpriced for example, but AAPL puts would have been an amazing opportunity in late February)

Im in on 1/21 15 c for example. Dont have the balls for 10/20 or 11/20 calls but those would have more than 25x potential upside due to theta

>>22644732
Amen

>>22645398
At those small amounts I would wait until volatility settles after the election and go boomer invest

>>22645284
Sure, and youll hear from me when QQQ hits ATH in a few months

>>22645447
Are you alive?

>>22645398
Yes, make additional contributions. compound interest is your friend. Put in however much you can afford. Im putting in $2400 a month.

>>22645447
He done did it.
Just wait for the bump limit next time you dummy

Hiro is my hero.

Buy VTI.

>tranny janny deleted thread that didnt break any rules because he's afraid of anime
if rules mean nothing for janny they mean nothing for me, enjoy the porn dumps

>>22645622
>>22645622
>>22645622
>>22645622
>>22645622
My turn

>>22645621
no kidding, since when did /smg/ get as autistic as /vg/ with generals

>>22645621
Relax, it was deleted by the OP. I had nothing to do with it, and I'm not a janny. Please don't spam porn

>>22645570
>>22645585
>>22645621
Why did /smg/ become so gay?
>>22645674
I did not.

>>22645634
I will keep making those. Suck my dick

>>22645634
rip. even had FA too. Guess ill wait for next one.

>other thread got nuked
huh? mods retarded?

>>22645682
Weird, IDK what's going on then fren, but I'm not causing it. The OP should stay normal though, so if they are enforcing the rules that's a good thing.

New
>>22645693
>>22645693
>>22645693
>>22645693
>>22645693
>>22645693

>>22645710
>>22645710
>>22645710
>>22645710

>>22645691
just a jannie

>>22645701
Are you a newfag? it‘s been smg tradition to post an erroneous link in every OP since like 2017

>>22645735
Don't care, it's misleading

>>22645711
>>22645725
Great, now we split because of jannies

>>22645747
Faggot, get out.

>>22645735
thats stupid garbage, you fucking kids. you 12 years old buddy?

>>22645797
boomer detected, leave immediately.

>>22645747
>misleading
The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact.

One. Simple. Request.
Change trading view OP link from http to https.

>>22644456
Cheaper to stack

>>22645191
The market only does go up retard