/biz/ - Business & Finance

Buy TQQQ November 3 or November 4?

BUY MVIS CHEAPIES

>>23600714
Feeling quite comfy having bought NIO at 25 on tuesday and today hitting 30. It's only up from here

Did you feel that? The timeline shifted. Someone fucked up

>all cash poster here
>bears, you need to wake up
>33.1% growth
>33.1% growth
>33.1% growth
You were too late to react to sell your portfolios at the correct, opportune time (last week)
Instead of having spare cash to buy cheapies, you panicked over this past week, and thought we were going into a bear market.
You sold the bottom.
Now you are just parroting bearish sentiment that became prevalent over the past 10 days, without looking at the current data.
>the bear market is over
>I am exiting my cash position today or tomorrow
>I am going back into all the stocks of my portfolio
Do not just stick your head in the sand going “lalalala I can’t hear the market roaring”
Look at historical charts. Look at what happens to the markets on election years. Look at what happened in 1992 incumbent loss.
https://www.usatoday.com/story/money/2020/10/29/gdp-u-s-economy-grew-33-1-annualized-q-3-businesses-reopened/6064109002/
Don’t get left behind.
If you want to be 110% sure, wait for Amazon’s earnings today before going in. There is just no chance that Amazon didn’t get a fat piece of the 33.1% pie
Is it possible we see a pullback Friday & Monday?
Yes, but I doubt it.
>33.1%
[just in case you’re brain dead, normal growth is 3.12% - so 10x normal!! Wake up bears!!]
You need to differentiate ‘what should be’ and ‘what is’

just day traded 1 share of SQQQ for a 0.4% return ($0.11!) using RSI!

XOM at 1998 levels

>>23600732
Average in till nov 3c, then keep buying

Fuck Disney and visa

>>23600753
Proud of you anon

I knew I should’ve sold UVXY and SQQQ in the morning. It’s gonna dip anyways either in sour hour or tomorrow

>>23600748
>You sold the bottom.

Who the fuck are you talking to?

>>23600755
Oil chads and div cucks btfo

>>23600748
tl;dr
buy the dips with cash
never sell
retire early

ready

We double topped today and gas tank running on fumes. It's going to dump now.

>>23600753
You the real Hero.

>>23600755
BUY BUY BUY XOM

I cant pay you to not fuck this up

>>23600753
SQQQ hasn't been oversold on rsi since yesterday though. YOU LIAR

>>23600789
Ready as FUCK, bobro. Crash it down.

>>23600748
Still presumptuous and undeservedly smug.
Still using "saved" incorrectly.
Still acting like 0% is gains porn.
But I enjoyed arguing with you yesterday and I have a question. You predicted a small up today would be a bull trap and you would buy in next week if it happened. Now you're buying in this week, why? Did you forget the GDP numbers were going to come out?

>>23600755
If it goes below 30 I'm buying a hundred shares, this is just plain ridiculous.

>>23600810
*overbought

reminder to jog 30m every weekday or you're ngmi

>>23600813
get in

>>23600790
It’s not gonna crash today. Everyone is expecting a crash but since the economic growth data came out today + earnings, it’s a crab day. It’ll crash tomorrow or in the after-market

>>23600829
I did not expect 33.1% growth - no one did

>>23600698
so you're saying buy back in instantly before it goes up too much or should i wait for the riots?

>>23600827
whenever i have to use it there's a feedback option and i always type profanities

>>23600810
idk man i just put the RSI financial indicator on my trading view and when the line goes down near the bottom line i buy and when it hits the top i sell

>>23600827
Okay this is clown world.

>>23600827
"Revenge of the Zoomers" now streaming.

GME found support at 12, you guys think we can get back to 15?

>>23600875
>and when it hits the top i sell
But with your typical rsi indicator it hasn't gone over 70 since the morning of the 28th.

Imagine unironically not buying oil at literal 1998 prices. Literal no brainer to buy CVX at $67

>>23600891
Needs some sort of catalyst. Crabbing till then.

>>23600891
>can we get back to 150?

>>23600862
>I did not expect 33.1% growth
Ok fair nuff
>no one did
It mirrors the collapse of 33% GDP perfectly, so everybody who every said V shaped recovery did.
I wish you had added the qualifier that you think Kudlow and Mnuchin are wrong, I would have burned the rest of my powder at close yesterday. Now I'm holding out for a red Monday.

>>23600891
I pray to God we can, I was riding high with my calls, now if it doesn't recover I'll kms

>>23600911
on mine it hit 73.24 at 11:28

>>23600886
A lot of zoomers in the stock market, we need a 1929 tier crash so faggots stay off the markets for another hundred years

>>23600891
well if someone was retarded enough like to not to scalp or catch the falling knife, it would be extra retarded to sell now
especially when volumes have calmed down and it's at the valuation where market cap is equivalent to amount of cash it has

lesson learned, buy puts to hedge next time if there's a big event coming up. I didn't know election day was next week already since it was still October and im a leaf
Don't forget to buy puts to hedge for Q3 too

honestly if you're putting like $30K into GME right now, would be incredibly stupid not to buy puts to hedge anyways. Or just put a portion for now, average in

weekends shouldn't exist it's so fucking stupid that anything can happen during 3 days and you can't react

>>23600927
>>23600921

Do i buy back into GME? I sold thinking it was going below 10

dump it.

>>23600827
Zoom is an innovative covid proof company. Tech is the future and oil is dying. With covid most likely being the new normal, it makes sense for zoom to be more valuable than a dinosaur company like Exxon

>>23600947
>you can't react
neither can anyone else
it's an equalizer so you can all panic at the same time and trigger a circuit breaker on opening

it's ultimately the most beneficial for us though, we have such low capital we can panic sell our entire position while big players will have only cashed out a small portion before the circuit breaker

>>23600941
You mean 27.6? What you said is inversed. You said SQQQ, not TQQQ or QQQ.

>>23600947
>elections next week
are you retarded its going to dump

>>23600842
You know what? You’re high.

>>23600977
Company that is just Skype 2.0 is more valuable than one of the largest oil companies?

OSLO, Norway , Oct. 28, 2020 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: "BORR", OSE: "BDRILL") has entered into an agreement to sell its cold stacked jack-up drilling rig "Atla" to an independent operator. The completion of the sale is expected in the fourth quarter 2020. Together with the previously announced sale of the standard jack-up drilling rig "Eir", which has been completed in October, the Company will record total cash proceeds of USD 13 million .

With the sale of these jack-ups, Borr Drilling continues to deliver on its fleet strategy of divesting inactive, cold stacked units and focus on the modern and highly efficient core fleet of premium jack-up rigs. Following these rig sales, Borr Drilling will have 28 modern assets built after 2011, and one remaining older cold stacked rig which is likely to be sold within the fourth quarter.

28 October 2020

Dubs and I buy a put/call of your choosing.

Might YOLO everything into VXX calls... looks oversold desu, orange man boutta cause some nutty volatility...

>>23600994
>not understanding that elections are a good thing for the market
>not understanding that the markets want the elections to be over
>not understanding that markets want no more uncertainty
>not understanding historical market record after elections
>not understanding it's going to pump, hard

>>23600977
What you fail to realize is unlike oil, the second a better way of doing the same thing Zoom does comes along, that stock will eat shit.

You better love dinos because they are they most reliable companies.

>>23600942
isn't like 85% of the money in the stock market just big money and hedge funds and shit? I think it's not possible for normies to have an effect on anything at all.

>>23600977
Zoom can be copied and improved upon by a competitor, Exxon cannot.

>>23601017
>cope
>cope
>cope
>cope

>>23600853
companies report great earnings then dump anyway. everyone knows the mother of all riots and civil instability is coming next week when Trump wins election night and starts challenging the mail-in fraud that turns the results toward Biden. You are right the dump today is nothing compared to what happens tomorrow and that is nothing compared to next week.

>>23601008
Yes, again, tech is the future. Zoom is more than a video chat company. Schools and work are most likely going to be virtual for many, many years as we work out this pandemic. Exxon is dying and will tank further once they cut their dividend. Invest in the future, not the past.

>>23600842
what is it about this girl that is so mesmerizing

yesterday a poltard said if trump wins he will ban chink steel and STLD will moon

>>23600950
Did you actually fall for the FUD posters? They always appear when price falls and disappear when it goes up. Hell, even I post FUD on red days. If you don't have an entry and exit plan when buying a stock just stay away. I have a single digit cost basis and not selling till it hits my current exit point.

>>23601013
Sell as many ATM VXX calls as you can

>>23601017
Im gonna pump hard

kno what I mean? heh

>>23600917
Corona lowpoint was 57$ or something, Europe is only just starting the 2nd round of lockdowns, we have another 10$ to go I think, possibly more.

All markets should be like this.

>>23601022
>most reliable companies
People who bought Exxon in 2001 are now in the red.
>>23601036
EVs and renewables are going to eat oil’s lunch for many many years

>>23600977
>oil is dying
This is just the market breathing and providing new investors the opportunity to jump in.
>market go up

>>23601043
trump isn't gonna let that NWO shit play out. only way it does is if Harris/BIden wins.

>>23600991
oh sorry. im tracking the underlying QQQ's RSI. my bad

>>23600929
I might wait until then too, depending on Apple / Amazon / Facebook after the bell
Dow & US 30 just briefly went red, so there is clearly still a fight going on

>>23601036
Hey! You and I are the same person. Nice

Okay, so I cashed out of everything yesterday, even my WKHS. I’m ready to short and go in on Inverse ETFs

>>23601013
12/18 SPY 300 put

>>23601038
>>23600748
Wake up

>He bought the dip? Keep dumping it.

>>23601075
But they still depend on fossil fuels to make power and to power the cars/trucks/trains of the people that make/move/install all alternative energy. Oil isn't going anywhere.

>>23601051
My buy signal is when I see the same faggot posting retarded AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA SELL SElL SELL bullshit 8 times in the same thread

If Pelosi your is class teacher english college grade and school you teaches for she can. For 1,000,000 you do it?

>>23601134
What

>>23600977
>With covid most likely being the new normal
Covid is literally containable. Look at China. This virus is way deadlier to Chinese people. They've had 86,000 cases and 45 hundred deaths. I mean it's got a 5% mortality rate in China, but the cases are way down. They're getting less than 100 cases in a country of over a billion people. If they can flatten their curve we can too.

>>23600714
> anprim
Modernity is a spook. Embrace the ego.

>>23601160
I don't play minecraft glowie

>>23601134
yes, of course

>that GME bid ask spread
somethings wacky lately

>>23601131
>oil isn’t going anywhere
Yes but your Exxon dividends are. XOM will never be above $45 again while ZM will continue to hit ATHs for years to come as people come to accept that this is the new normal.

>oil prices down
>XOM up
Fake and gay pump confirmed

>>23600917
67 for CVX is 2010 prices

>>23601013
Calls on Zoom maybe? looking for long shot plays or any good meme plays you guys are formulating?

GME calls?

>>23601134

>>23601162
do you spend literally all your time falseflagging unless youre drunk?

>>23600977
>oil is dying.
It's physically impossible (as in, the laws of thermodynamics make it economically unviable) to replace the oil infrastructure with renewables in the next 20-30 years, unless we unlock cheap, downsized fusion reactors in the next 5 years which is very, very, very unlikely.
Oil will outlive us both.

i am so fucking mad right now

>>23601162
Can you when your way of flattening the curve is "we're not dealing with the pandemic topkek"?

>>23601162
>china's numbers
>legit
pick one
here's a (You)

>>23601132
When bobo posting is at a high, its time to buy
hey that rhymes

>>23601197
LOOK AT THE FUCKING DATA!!!

>>23601075
Look man, shit posting aside. Look into the current problems with renewable energy. We do not have the resources we need to leverage energy storage technology to the level necessary to replace oil. Oil is still the most available energy storage to date. In order to make batteries we need to mine the shit out of India and Africa. Musk is trying to get in to both but it's a hellscape.

Sources for what the fuck i am saying to you you fucking retard.

Tesla’s move into mining aimed at energising battery supply chain
https://on.ft.com/31RQ42i

Tesla’s nickel quest highlights metal’s environmental burden
https://on.ft.com/3mXh4X5

>>23601051
I still believe in the company but thought GME was going to tank with the market. Figured I’d sell and try and buy back in at a lower average. I was at 10.30 and now looking to jump back in.

>>23601051
i have a single digit cost basis either but i still regret not catching the falling knife
got too greedy expecting the big red dildo would whipsaw instead of continuing hard like it was more likely to
then i could just buy back in when volumes calm down like today and starts crabbing upwards

Somehow I doubt that GME would coincidentally do another trading halt 3 weeks later on Thursday
it wont happen at exactly 2PM today
no i am not hoping for it because it's not going to happen
2PM today

>>23601198
I like how I covered the business side and you covered the science. I fucking had no idea about this. Gracias

>>23601162
Baggie, you're retarded.
China used totalitarian means to completely crush the virus within their borders. China welded people shut into their homes for WEEKS. China had armed doctors raid homes and remove the ill. China used mass incinerators to burn bodies. China had cars with soldiers patrolling the streets. China had checkpoints everywhere preventing travel.
and guess what? if you have the power of a totalitarian state that doesn't care about individual freedom whatsoever, you're able to rid your society of the virus.
China is able to get back to normal. China is able to not use face masks now anywhere. China is able to open up their water parks. China is able to have their students in school without any PPE.
China deliberately had the WHO lie to the rest of the world about the virus while they scrambled to get it under control in their own country.
That is why Baggie. It's not just "oh we should copy China, they did it so can we!"

>nio
Do I sell now, surely we don't stay over 30

How do I make sure I dont miss the GME short squeeze sell off? Is there an app that calls your phone?

>>23601198
>unless we unlock cheap, downsized fusion reactors in the next 5 years

Fission is already good enough. It's insane to me that it's not utilized more in developed nations. France gets like 100% of their power from nuclear and exports it to other countries

>>23601243
>Imagine trusting what China says when they would lie about anything to save face

Yikes baggie

Fuck. Got myself in the shit now. Via stupid mistakes I've lost 5000. Actually lost it. The only good part is that the 5000 was from stock gains and not my principle amount. But still its a setback. Can't escape the current shit till friday. God I hope it don't drop more.. Fuck this shit. Fuck. So lets see I now need to make 11,600 before I can get 30,000 total. Fuck.

How long is this shit gonna crab for? I’m trying to get some puts for fucks sake

>>23601274
hold goy

post lunch

>>23601313
This is why we need to invest in the "Too Big To Fail" Chinese businesses. Let them cook the books all the way to our bank account.

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

3rd day in a row of buying while my net worth drops, i increase my yield. net worth drops are momentary, increase yields will have lasting effects until after i'm dead

IS THIS BULLISH FOR COSTCO?!?!?

>>23601330
that looks good but how is that enough for lunch

I long for a big green dong

I'm going to do it!
I'm going to buy NIO!

>>23601330

>>23601360
Same here fren. Hope the dip lasts a bit longer.

>>23601198
>>23601287
>unless we unlock cheap, downsized fusion reactors in the next 5 years
What about downsized modular fission reactors?

https://www.forbes.com/sites/arielcohen/2020/10/29/the-future-of-small-modular-reactors-department-of-energy-awards-135-billion-to-nuscale-power-for-smr-development/#457d9834dab0

>Lower construction costs
>Simplified design
>Increased modularity/factory build
>Multiple design replications
>Mass production
>Application of advanced manufacturing techniques
>Shorter construction time
>Lower finance costs
>Self-financing model where the first module starts to generate the revenue to finance the construction of subsequent modules and limit the borrowing requirements
>Lower operating and maintenance costs
>Simplified design with reduced maintenance needs
>Smaller workforce High capacity factor

FLR is the ticker to go by here it seems.

>>23601321
There's almost no volume (lunchtime), crab for another hour, maybe another 330 spy retest in the meantime then the dump. Chink stocks and most tech stocks will be safe. Good time to buy your late Nov puts for the civil instability coming next week.

>>23601363
How do I short monkeys?

>>23601378
>buying on a 10% green day
>buying at all-time-high
>never change /smg/

I should've dumped into ABEO yesterday. Fuck I'd been up 3.6% today. When your investment amount is 13,000 a 3.6% bump adds up. Damnit.. Now i'm looking at a 5000 loss if things don't reverse friday. God I hate this shit sometimes.

>>23601247
>>23601252
I for one consider a penny stock to be anything that trades under $10. Even at the current price of GME, I still consider it a penny stock and you should as well. The spike to $15 and above was pure speculation on le ebin squeeze even when we a lot of us know the people that are short are large institutions that probably didn't even bat an eye on the price move. Expect volatility and hedge your position with ITM puts with decent open interest. It will continue to crab until some sort of catalyst arises. Current support is in the 11.50-11.60 range, but that doesn't mean that it can't fall through that.

>>23601420
i fucking DARE you

GO UP HIGHER PIECE OF SHIT STOCK

Damn I wish I had bought more nio but im glad I did.

Everything else im holding is crabbing

>>23601420
>short monkeys
>during a global monkey shortage
https://www.webmd.com/lung/news/20200901/covid-19-researchers-face-a-monkey-shortage

>>23601395
What happened to make these guys fall from $60 to $11?

Is now the time to buy TQQQ or QQQ calls?

GME is giving me LINK vibes.
Therefore I just threw my money into GME, see y’all in a week. I’m taking an internet break

>>23601442
NIO is going to 40 within a month. If Biden wins it will be going to 200 within 2 years.

This shits gonna crab until the last half hour and then dump and Friday will be another big dump

>>23601449
i would feel less bad if I hadn't averaged up at $13 and $14
looked like it was consolidating well at that range with crabbing volume

Sony revenue sharing is a pipe dream right now,
We won't get news today
2PM today

>>23601477
this is the most /biz/ post I've ever seen

>>23601287
>It's insane to me that it's not utilized more in developed nations.
Green Liberals put Nuclear in the "polluters" bracket of the environmentalism narrative during their ascension to political power in the 90s / early 2000s and brainwashed themselves so hard that support of Nuclear is now a kiss of death and normies and the political base will tear you to shreds if you advocate for it.
Plus, in the US specifically the reserves of Nuclear ""waste"" could be converted to enough power to satisfy the nation's current demand for several decades - if this information ever became public knowledge, the support for the Green Economy (and the Trillions of public funding that can be grabbed) would be in jeopardy and we can't have that, can we now?

So if I buy oil and Trump wins am I instantly rich?

>>23601479
if you expect earnings to moon like crazy yes goy

>>23601044
bedroom eyes

I just hate that Robberhood sells your options like 1 hour before end of day, fucking kikes. The big expected price movements usually happen in that hour. I really need to get the last of my money out of there but that means selling, transferring and rebuying.

>>23601499
I own NIO myself anon - but I still wouldn't buy on a 10% move, all time high day. It's very unlikely it won't pull-back a little from all-time-high in the next day or two

>>23601523
no, oil would have a better chance with Biden. As someone who is in with the neocons and neolibs, Biden is much more likely to start another war. Oil will continue to crab under Trump.

>>23601395
A decade away, at the very least. That shit takes years and years to test, approve and eventually scale.

>>23601523
Oil prices were negative under the Trump administration....

>>23601013
Nvax.

>>23601555
Big Brain take, this anon gets it.

>tfw most of my capital is tied up in bags
>know it's retarded to sell on a red day
>but really want to start running the wheel for safe consistent money
FUCK

>>23601478
This is the best article I could find, it links to more info for 2018 in the "Now What" section:
https://www.fool.com/investing/2020/02/18/why-shares-of-fluor-are-falling-today.aspx

Stock is holding 0.14. I fucking bought at just under 0.20. Yesterday the volume/movement was there to kick it to 0.30 and I'd been gone. But then they disclosed the offering eod. I fucking dumped around 13,000 into it.. over 65,000 shares. Fucking bastards. I want my 19,500 bucks you assholes.. That's all I needed, a slight kick to 0.30, a 10 cent hike.

>>23601274
>selling China's Tesla

lmao look at this d00d!

I wish I got more. My cost basis is $15.50 and I wish I just dumped all of my EV memes into NIO instead of WKHS, DPHC, BLNK, and NKLA. But I guess I should just tank oyashiro-sama I sold NKLA and BLNK at profit. Still bagholding WKHS and RIDE but I'll be the contarian in this and say that they're still going to rev the fuck up after election bullshit ends and USPS deal comes onto the table again. WKHS is no stranger to charging the fuck on at 150mph and then breaking a leg out of fucking nowhere so I'm still getting on this horse.

>>23601593
hey nog if you got a clue for a second you could've sold your bags and rotated them for gains

>>23601617
>Gambling on a literal penny stock

>>23601044

She's underage
>you're a pedo
She's in an ice cream shop like a child
>you're a pedo
Back turned to you so your instinct is to pounce
>you're a pedo

>>23601363
How does PETA has this much pull?
Monkeys have better representation than nigger and chink kids
kek

>>23601558
Yeah but they keep getting multi billion dollar contracts reliably:
https://www.fool.com/investing/2020/02/18/why-shares-of-fluor-are-falling-today.aspx
>The company did provide some preliminary 2019 data, saying that it ended the year with a backlog of $32.7 billion. It said it won $12.6 billion in new awards in 2019, including $3.7 billion from the energy sector and $2.6 billion from infrastructure and power customers.

They get paid for these decade long projects.

Just found this article too, this guy bought pinterest during the march dip along with fluor. https://www.fool.com/investing/2020/03/04/the-4-stocks-i-bought-as-the-market-plunged-last-w.aspx

>they didn't listen about today's trades with GME
>they didn't make a middle class families monthly income in 2 hours.
Ngmi

>>23601519
Maybe we should keep that stuff for a rainy day though anyways. When the sun goes out we’ll wish we had that shit

>>23601639
I think I’ve won more money in penny stocks than in regular stocks. Amazon and Apple both dumped while penny stocks I held mooned

>>23601617
wow you sure are pretty calm for someone who just lost 30% off penny stock bullshit

that's like buying WKHS at $20 then it dumped to $14 immediately

>>23601576
For about an afternoon because of Corona and the filled storages

>>23601674
The news isn't out yet, faggot.

>>23601617
Jesus Christ I thought UAVS was a penny stock. You poor fuck I'm sorry you shouldnt be trusted with money. Sell all positions and just buy bonds.

>>23601686
I play pennys regularly too, but you should have an exit planned when you get them, so you're not holding heavy bags like this dude.

>>23601636
>just time the market

test

How the fuck is this pumping and why is VIX dropping so much?

>>23601660
uh ok bro, dont project your insecurities on me

she's definitely legal in my country (16 years old)

>>23601725
>just boomer baghold in a volatile market right before elections

>>23601727
Congrats anon

>>23600714
This is why I hate crab days. Either pump it or dump it I don’t care. I just want to know that if I sell, it won’t moon or dump like fucking crazy. I don’t see any reason why the market should be pumping right now

just bought a put on NIO, am I fucked?

massive bull trap, massive sell off after tech earnings. bloodbath tomorrow. hold on to your puts, this is fake

>>23601729
>>23600748

>>23601682
No, we should use it now to power BIG scientific and technological advancement before we become too retarded to do anything with it. The next 50 years or so are absolutely crucial for human civilization, it's do or die.

>>23601737
You're not only a pedophile but you live in a shit hole. I'm so sorry


Buy XOM

>>23601742
Its gonna rocket after trump. Why would i sell when i can just keep buying?

>>23601703
>>23601674
say what now

>>23601639
Is stocks anything but gambling?

>>23601752
>massive bull trap, massive sell off after tech earnings
no shit rigth before election load up

>>23601751
If you intend to sell in the next day or two, probably not. Likely to pull back a little from all-time-high.. but if you're intending to sell even a week from now or longer, you're probably fucked

>>23601774
shh
delet this

>>23601273
What Chinese stocks are you invested in besides NIO? I was thinking about BABA, but my main concern about these stocks is that the Chinese are fucking liers, I'm absolutely sure their books are cooked.

>>23601752
>buying puts with this IV

>>23601757
That means nothing, VIX should also be riding upwards

>>23601674
>>23601703
>>23601792
Stop spreading reverse-fud.

>NOOOOOOOOOO MY $200 UVXY BET IS GOING DOWN HOW COULD THIS HAPPEN WHY MOON WHY MOONOOOONONNOOOOOOOOOOOOOOOOOOOOAAAWARBLF

I was promised a March like dump, what went wrong

>>23601827
>listening to fucking retarded perma bears

>>23601827
>>23601831
It's tommorow

>>23601796
Check out XPEV
[and to a lesser degree, LI auto]
Imo, invest in anything in China that will lead to carbon neutrality. Xi Jinping announced at the UN that China will go carbon neutral by 2060 - what this means is very favorable government subsidies, contracts, etc. to any 'green' businesses
If the CCP is on your side, it's hard to fail

>>23601844
Ok, I will wait

>>23601746

>>23601757
Absolutely everyone knows it’s going to dump though. The money printers are trying to maintain it from collapsing but everyone knows about the lockdowns coming plus the uptick in cases. They’ve scared people into thinking that there’s a “second wave” coming

>>23601814
Shut up retard, I made $7,000 today on GME.
Stop trying to ruin the ones that haven't made it yet

>>23601803
Why should it? 33.1% growth = less uncertainty

>>23601796
Honestly I don't care if their books are cooked. They've got the power of communist capitalism by their side and will make the lies into truth with government backing.

>>23601826
Just wait. Be patient. The bogs are trying to bog you. Just wait. Be patient.

>>23601780
Some are, some aren't. You can have a slight edge if you're trading with technicals or fundamentals that have worked for you in the past. Everyone can't be a winner or else we'd all be millionaires at this point. There will always be someone in the market holding someone else's bags.

Is economic recovery/stimulus/etc going to skyrocket right after the election, or is it going to be a slow process?

>>23601865
>they didn't listen about today's trades with GME
Explain yourself.

>>23601672
The technology is clearly viable, but FLR seems like garbage, there's probably a good chance they'll go bankrupt or sell that shit off to some interested party before they can realize any profit. Maybe to NEE, they have big dick energy.

>>23601844
>says the increasingly nervous man for the 117th day in a row

>>23600714
I hope you retards aren't falling for this obvious bull trap. It's just speculation on today's earnings. It'll dump hard again tomorrow regardless because guidance will be weaker and they are all overpriced

>>23601844
checked

>>23601036
zoom needed.
exxon NOT needed

>>23601890
They have a $20bn backlog in contracts that they aggressively bid for anon. That's money sitting on the table for them, they aren't going bankrupt.

>>23601882
If biden wins, trump won't do shit

If trump wins, Dems protest results and 79 days of utter chaos.

>>23601780
You can make more money on a Trump win by buying weekly calls on big oil the day before the election.

Cunt Pelosi is on Bloomberg being a cunt

are TQQQ call premiums too high right now?

>>23601924
or NAK

>>23601892
It may not crash tomorrow but it’s gonna crash regardless. Everyone is expecting it to dump hard. Even the media is catching up to this while /biz/ has talked about it last week

>>23601729
Who Nose?

>>23601865
How much did you risk to make that?
>t. Curious poorfag

>>23601907
>sold the bottom
the dump is today

>>23601860
>Absolutely everyone knows it’s going to dump though
False - you're feeding too much into the /smg/ hivemind which is always delayed. People are bearish when they should have been two weeks ago - now they are finally catching up, and are too late / the pre-election sell-offs are over.
>The money printers are trying to maintain it from collapsing
This is how I know you know nothing about monetary / fiscal policy
>there’s a “second wave” coming
There is a second/third wave already here; however, the US will not go into more lockdowns - it is too unpopular with Rabid Conservatives, Conservatives, the Center, Liberals, Rabid Liberals. No one is in favor of lockdowns. There may be a couple States who do, but we are not going to see a nationwide lockdown [unless it keeps escalating, but that will be 4-8 weeks from now]

>>23601907
We had the greatest quarter in history faggot. Hardly anything to sneeze at.

>>23601930
The girl in your picture, she's fat

>PINS
Made 3 times on calls today.

>>23601948
I sold last week on Monday fren

>>23601907
>33.1% growth
>33.1% growth
>33.1% growth
>33.1% growth
that's all you need

>>23601934
https://marketchameleon.com/Overview/TQQQ/IV/
>TQQQ IV Percentile Rank
>TQQQ implied volatility (IV) is 108.2, which is in the 86% percentile rank. This means that 86% of the time the >IV was lower in the last year than the current level. The current IV (108.2) is 11.9% above its 20 day moving average (96.7) indicating implied volatility is trending higher.

>TQQQ IV vs 20-Day HV
>The current IV (108.2) in TQQQ is 43.0% above its 20 day HV (75.6) suggesting that options markets are predicting future volatility to trade above the most recent 20 day realized volatility.

NIO BROS REPORT IN

>>23601943
>not doing the opposite of what the big guys say the market will do.
Has the market ever had a downturn start after “everyone” in the media is saying it will? Indonr think their concensus has ever been right.
Of course RIGHT when it happens they will act like it was “obvious”

I have been treated nothing but badly and abusively since I joined the TQQQ cult. Should I get off, or are we finally going up?

>>23601075

People who bought exxon in 2001 have made enough money in dividends to not give a shit

Fuck this shit. Yeah things are fucking bad but christ I'm selling. losing 5000 is nothing compared if those bastards disclose an r/s today.. Oh god.. I'll get hit with a freeride violation but least my money will be safe..

>>23601973
Annualised anon

So should I buy anything now or no? I sold a good amount earlier this week and am wondering if I should start DCAing into VOO.

>>23601954
You're still below January levels
Also the market is at all time highs for a reason. That quarter is priced in. Now q4 will suck and Q1 as well

>>23601850
Thanks! What's your take on Tencent, Xiaomi, Alibaba? Do you think putting like 5% into these is worth the risk?

>>23601924
>by buying weekly calls on big oil the day before the election.
What makes you think I'm not already doing that?
I don't even know why I'm gambling so much, I live in a craphole and my car's about to blow, but somehow I've got 20k fellating around betting sites on shit like football and horse races I bet on because the horses names are funny

ligma
ligma balls

>>23601937
Realistically, by how much is NAK going to spike on a Trump re-election alone. Tat mine will never be built, but I wonder what the profit would look like if you sold by the end of next week given the Orange Man prevails.

>>23601986
Be patient, we are in uncertain times

>>23601973
Read>>23601996

>>23601984

Yeah there are examples in bad times like now and 2008.

Its usually when speculation over correction talk happens in fairly good times.

The media may just be trying to tradh the markets pre election

>>23602005
Who's Steve Jobs?

>>23601911
>zoom needed.
>exxon NOT needed

>>23602014
The uncertainty will be cut in half, because biden has no stated interest in NAK, and Trump said it would get done on Twitter, so it should see a huge bump, regardless of whether it will actually happen or not.

>>23601956
I know. She's a slampig I fucked on tinder. I had to try it at least once

>>23601980
I've made 2 whole dollars off this chink shit already!

>>23602027
No one said that shit till it happened in 08. Everyone was in fucking denial even till the bottom

>>23602039
Tim Apple's predecessor

sooooo uhhhhh, we are all sitting primarily cash for the crash right?

>>23601980
Kept me from suicide this week. Sold today because I am now aggressively taking profits.

>>23602002
>Every Nigger Vote Counts!
Oh look, it's the PR department of the Democratic Party.

>>23601998
I don't know enough about them to give you a good answer [I stick to what I know]
In general though, investing in China growth is not a bad idea right now - see:
>>23601273 Although China did just disappoint expectations in GDP, it was still very solid
One thing to note though, Jack Ma is a retard - so invest in XPEV & Alibaba at your own risk
https://youtu.be/aHGd6LqAVzw

>>23602056
There's nothing wrong with screwing fat piggies.
I myself am dicking down an obese schizophrenic insomniac just because she gives mad head.

>>23601977
What is HV exactly? And also thanks dude, appreciate it. I guess QQQ and TQQQ are way too volatile to buy right now

>>23601987

>>23601273

Do you guys think AMZN is going to dump AH?

When do you guys select your president again?

>>23602114
Well, to be fair.. Elon is a retard too

>>23602143
Doubtful - Amazon definitely got a nice fat piece of the 33.1% growth pie

>>23602114

>>23602167
Whenever the Supreme Court is finished deliberating on it.

>>23602123
i'm sure oil investors thought it was a sure thing forever, similar to the way tech investors are thinking now. of course we'll still use tech, but eventually it may fall out of favor with investors because too much growth has been priced in already.

>>23602167
Not mutt, but on the 4th

Is NFLX a great buy or just a triple top? Thoughts?

>>23602123
oh no no no...

>>23602143
It’s a 50/50 anon
With this clown market the trend has been that the earnings are already known and priced in.
The algos wait until AH to dump and retail is left bagholding.

Amazon is unique IMO and IS the economy going forward.

I’m in for 10 shares to find out.

Good luck fren

>>23602167
Tuesday, November 3
They take office January 20

>>23601946
$260,000 or about 1/3rd of my portfolio.

>>23602123

I see your point

Ive beem buying XOM since 2008. I put aside 15% of my wages to buy. The quarterly dividend literally pays me thousands of dollars. Eventually it will eclipse my salary and i will retire early.

I own for the yield. I could find higher yield but i want the safety. Exxon will never cancel its dividends..ever

>>23601075
I bought Exxon in 2008 and sold in 2015. I'm in the green.

>>23602122
Historical volatility. Market Chameleon looks at IV over the last 252 days (and there is another section where it does average move over 6 years), and gives a percent ranking of how high it ranks relative to those 252 past days. It's good if you want to sell calls to benefit from iv crush, they have a section for abnormal movements/highs.

>>23602187
>>23602191
>>23602213
>Minimum 4 days of pre-election volatility
oh fug

>>23602187

Are there any fucking calls worth buying right now or will volatility be way too high for everything

>>23602232
you should be selling calls rn

WKHS close to $15, should be an easy 100% at least one the USPS contract is announced in December.

>>23601131
Not only that. Guess where all or most of our plastic, rubber, pharmaceutical components, etc. comes from.

>>23602232

Thats a lotto ticket if you are right

>>23602123
What the fuck is the point of this chart?

Come on man, go make a chart for people who invested in real estate in 1988 with an end date in 2008. It bounced back, it took three years then it bounced back.

You're fucking retarded, dont buy oil, I want you to stay poor.

>>23602122
>>23602227
It also compares 20 day HV and compares it against a moving average of those numbers, so some percentages are the rank, others are relative to these.

>>23602249
>going up vs makers of new military humvee
>still thinks horse will get the contract
>rolled truck down hill just like Nikola

Horse is going back down to $4 at best

>>23602170
Elon LARPed so hard that it became a reality. If Starship flies it will unironically transform commercial spaceflight forever. Yes, yes, the work was done by engineers who actually know what they're doing and the US gov would have eventually pushed for private specflight anyways, but Elon saved 5-10 years on this timeline. Bless that bumbling retard and his scammy scams.

I have no fucking clue what I’m doing

>>23602284


https://www.zerohedge.com/markets/exxon-firing-15-its-workers-keep-dividend

This is a company you want to own

>>23600714
Just a heads up, the windows to the DC SEC building have been boarded up. Pretty sure this happened overnight

>>23602315
They heard I was coming

>>23602315

>>23602315
Self ID check

>>23601729
Cuz people arent as afraid of china flu as greedy pig bears want them to be. Go take a walk outside and just watch people. Nobody gives a fuck. Life goes on.

why is gme volume so low?
were still getting that nice squeeze right?

>>23602310
How old are you?

Yup a company keeps its investors happy and resizes its footprint to match with economic demands.

You know what would scare me off? If tghey start reducing their divvies. If you think not keeping investor confidence and maintaining a reliable dividend fund for over 25 years (they have!) matters you should sell your positions and buy bonds.

>>23602315
>>23602352
(´・ω・｀)

>>23602232
idk. Election, Q3 reports, and crab market has got me spooked off everything. There is a chance to go nuts and roll big, but it's too uncertain for poor fags like me.

IT'S A FUCKING BULL TRAP BROS SELL SELL SELL WE'RE GOING DOWN THIS IS YOUR LAST CHANCE

>>23602232
how does IV crush sound?

>>23602376
>If you think not keeping investor confidence and maintaining a reliable dividend fund for over 25 years (they have!) matters you should sell your positions and buy bonds.


I was so made i worded this like a retard.

XOM has maintained consistent divvies for over 25 years which is what has kept it as an investor favorite. They are working to maintain that in an insane economy and they are doing it well.

>>23602187
>trump gets 2 supreme court justices
>dems lose, claim interference
>case goes to supreme court
>supreme court throws case away, election results stand
>dems run news cycle that trump and republicans took control of supreme/district courts to cheat election
>run that story into the ground for 4 years

>>23602315
>>23602352
>ID
Damn boy.

>>23602315
What is a DC sec building for non burgers?

>>23602377
The squeeze is canceled, it's slow growth from here on out. Most of the people who had dollar signs in their eyes have gotten back to reality and realized that the shorts actually have so much capital that they don't need to cover their shorts in panic. Like, for instance, right now...

>>23602315
that's a big riot

bobo where you at. Lunch is over.

>>23602244
what calls are you selling? for this friday or next?

>GME
:(

>>23602418
The headquarters of the Securities and Exchange Commission in Washington DC

>>23602310
This is just sound business. The sooner the lockdown retardation ends, the sooner these people can be re-hired.

>>23602377
Squeeze isn't going to happen... China isn't going to be able to manufacture enough of the next generation nintendos because they see they're able to make more money selling PPE because of the retarded margins and government mandates. When GME has to turn their pre-order customers down, and little timmy doesn't get his new sony or microsoft nintendo for christmas and has to wait until after Joe's inauguration it's going to be bear food.

Don't fall for anons spamming 33%
that's annualized quarter over quarter numbers. Last quarter was -31%. Expected growth this quarter was 34%.
It's only a 'record' because lockdowns made things funky

>>23602310
>>23602376
>>23602406

jesus christ, you people are scum. Celebrating people losing their jobs so you can keep profit.

you jew cunts are gonna hang soon

>>23602406

Oil will always be in demand

And XOM is all over meme energy anyway

>>23602450
Yeah and I’m pretty sure they were laid off not fired which is a big difference. Firing implies incompetence

>>23602444
>Securities and Exchange Commission in Washington DC
thank you and check'd

>>23602430
both, although next friday they will be very OTM

>>23602468
based and third-position pilled.

>>23602463
>Ok it's a V shaped recovery but here's why that's a bad thing

>>23602468
where the fuck do you think you are?

The great snibbening. dont get too comfy bullvirgins

>>23602244
I dont know how to sell calls lol.
>>23602289
Gotcha, ill check this market chameleon website more to see if volatility stays high or low for QQQ/TQQQ

I'm wondering what volatility you would recomend buying TQQQ at

>>23602463
Trump 2020, biatch.

>>23601420
>How do I short monkeys?
shut your mouth faggot
https://www.youtube.com/watch?v=8pLU6bUFoKY
it's monkey season

>>23602468
>>>retard


Says someone who sells a stock and leaves another guy a bagholder

Bro..do you even stonk?

>>23602468
dude was probably just bored and decided to get a job to pass the time. he's been in movies and other things

>>23602520
>>23602520
>>23602520
>>23602520
/thread

>>23602463
Brother, it doesn't matter if it's annualized or not lmao. It's still RECORD high, 10x the normal growth. Was it helped by the lockdowns causing -31%? Yes absolutely. But you are vastly underestimating how much $4+ trillion is, with 'promises' of another $1.5-2.5 trillion

>>23602468
Don't be a cuck. Nobody is celebrating. They're simply explaining why the company's actions reflect necessity brought about by this retarded virus bullshit.

>>23602493
How has this goy avoided all gym accidents and DOJ indictment?

>>23602468
Pretending this isnt a troll

Dude XOM employs more than 15 people. it sucks people lost their jobs, I hope they get rehired quickly, but for the benefit of the future XOM and all other businesses have to keep on keeping on.

Also, sell all of your positions and buy bonds you dumb fuck

Uvxy what in the name of fuck are you doing

>>23602468
>company fire people: many job lost
>company go bankrupt: very many job lost
If you're worried about job loss at big corporations during recession the US should look into the "Kurzarbeit" policy. It's the single sensible policy the German government has produced in the last 20 years, one of the only reasons they haven't been able to run the country into the ground completely (yet).

>bought a 100 shares of NIO ages ago at 2 dollars a share back in april cause some anon was shilling the chink electric cars as the next tesla
>totally forget I own it
>look at it today and see it charging over 30 dollars
danke biz

>>23602507
I'm not familiar with how leveraged etf's deal with iv, because everything is more extreme. You might want to look at qqq, because tqqq is basically a derivative of that, and then trade tqqq options based on that.

I've noticed that if you look at the list of elevated iv and sort by the iv30% rank you will tend to see many of the stocks talked about on here (corsair, pinterest, tgtx, ev stocks etc). I've been buying deep in the money spreads when they show up to benefit from iv crush + theta decay and it seems to be working out so far (except for BLNK that screwed me up).

nooooooooooo

stop buying goys

>>23602558
Tucker 2028

>>23601917
If you think trump wont contest a Biden win, you're retarded

>>23602558
>>23602769
He's literally the second coming of Nazism and third axis economics and no one realizes it. It's the same exact platform putting family first above capitalism or communism.

>>23602701
IV30% is the historical volatilty for the last 30 days right? or is IV30% stocks in the upper 30% for volatility?
>I've been buying deep in the money spreads when they show up to benefit from iv crush + theta decay and it seems to be working out so far
I have never understood how buying deep ITM calls can make you money.

>>23601027
i dont like people who answer with questions. My redditor friend comments like this on every history subreddit while he has no clue at all of what his saying. Its clear proof that you are just repeating what someone else said and you didnt bother to research yourself.

>>23601027
>being this retarded
It is all about the volume of the security you choose to trade. It has nothing to do with who owns the shares. It has everything to do with how often shares are exchanged.

>>23602825
If you hover over it, it says that it compares the current IV30 to every daily IV30 value over the last year and ranks it based off of that. Pretty sure IV30 is the 30 day moving average of IV (I imagine a 30 day moving average is used because options can have low volume and that would lead to crazy swings if it was just daily iv).

>I have never understood how buying deep ITM calls can make you money.
The short leg will decay with theta and vega at a greater rate than the long leg, so over time even if the stock doesn't go up, or even drops a couple of percent, you continue to make money. Try it here: https://www.optionsprofitcalculator.com/calculator/call-spread.html to get a better understanding visually. With a spread you can get a break even that is well below the current underlying price and still get 70% gains if the stock merely stays where it is (if it goes up all the better, this isn't a condor). I'm setting my breakevens at good 3month supports for stocks and then buy 30-60 DTE spreads (to benefit from decay the most) with those breakevens and wait for 40-100% profit, depending on the spread.

>>23603046
>The short leg will decay with theta and vega at a greater rate than the long leg, so over time even if the stock doesn't go up, or even drops a couple of percent, you continue to make money.
Thanks. The short leg means OTM calls while the long leg is ITM calls?

GME taking off in 10mins

>>23603157
Short leg preferably ATM, because that is where the effect of theta and vega is greatest, however it's the ratio of those against the long leg that actually matter the most plus the effect of that leg on your breakeven. For me usually both legs are ITM because I want my breakevens lower for safety.

Just looking at my spreads I just noticed that the long leg's delta tends to be 30% higher than the delta of the short leg at any point (not necessarily .3, but 30% larger value) but that's not what I'm looking at when I pick them. That's probably due to the ratio I was just talking about that I look for, I guess it's the same thing.

Any market move is motivated by how many people it fucks over and nothing else. Fight me.