/biz/ - Business & Finance

Jannies need to suck my cock. Buy TLS tomorrow.

Did the jannie delete the last thread? Just fucking leave us be. We just want to get away from the normies and redditfags shitting up /smg/.

>>27269333
checked and yes they did. For literally no reason. Unless jahy poster really pissed them off

>>27269394
I never understood it, you have to be hyper autistic to want to be a jannie, and as such you're never going to understand the in jokes or the banter of the group, you're always going to just shit the place up. I hope Jahy poster didn't get banned.

Anyway, I want this GME shit to be over so everyone will leave. It's almost as if the indexes just do the opposite of whatever it does.

>>27269333
janny deleted it because he's one of the china shills

>>27269709
What's with those fucking China threads, fuck China.

>126 posters in /smg/
>On a fucking Sunday
AHHHHHHHHHHHH

>>27270200
The amount of newfaggotry and rock bottom subhuman stupidity I have seen in the last week has made me want to gouge my eyes out

>>27270463
You've just caused me physical pain. It's the combination of them being fucking clueless yet totally entitled that really irks me. At least there is some comfort in knowing they'll be generational bagholders, hopefully after next week.

>>27267377
And as always, they do it for FREE!

An anon pointed out a decent looking British Deep State company CCC (changing their ticker to CLVT). Management looks good. The volume on a very under the radar stock looks good. It's like a Globohomo think tank big data analyst you can buy into. Definitely buying in on the next sell off.

So, bounce next week or further bleeding and crash? I can't see any reason for a crash, I don't know why people are getting so scared.

>>27271230
Clarivate?

>>27270708
I think what causes me physical pain is not only that their questions can all be easily answered with a google search or even opening some of the links in /smg/s op. But the fact they have absolutely 0 interest in learning anything at all. They're all here to unabashedly ride on a pump that they think will turn their 200 dollars into a million. All sanity and reason has left them long ago.

>>27271944
kys

>>27271944
Looks like we gon die. See you during market hours I guess.

Dark pool schizo here, here's a bunch of NOK activity from last week
NOK NOK OPEN UP THE DOOR ITS REAL
>NOK NOK OPEN UP THE DOOR ITS REAL
NOK NOK OPEN UP THE DOOR ITS REAL
>NOK NOK OPEN UP THE DOOR ITS REAL
NOK NOK OPEN UP THE DOOR ITS REAL
>NOK NOK OPEN UP THE DOOR ITS REAL
NOK NOK OPEN UP THE DOOR ITS REAL
>NOK NOK OPEN UP THE DOOR ITS REAL

>>27273929
That's a fine way of saying CRBP shill.

>>27274187
I'm not the CRBP shill, that's some other schizo lol

>>27274317
Just admit your crinkly diaper fetish and we can move on.

Where do you find these btw, on twitter?

>>27267377
Can I chill in here for a while

Does anyone else think that INTC is undervalued? I'm considering waiting for mid March for a optimistic dip and buying 30-40 shares.

>>27274477
Just type "dark pool" into twitter and look for a list that looks similar to this one and that's probably where I get it from. They're not posted every single day, but you'll find a few of them posted randomly throughout the week.

>>27267377
Why can't you just become rich without being a transphobe. Stop using the t word

>>27275525
Fuck off, queer

>>27274538
Yeah just be comfy.

>>27274538
Sure fren. Where are you hiding from, I hear /pmg/ is fucked too.

OK guys, now that we are not in ADHD land, let's talk about strategy:

Holding stocks is the same as buying them every day. If you wouldn't buy it, don't hold it. On the flipside, if it went down, but you know it has a ton of potential and would buy the dip, just keep on holding it. This prevents the "buy high sell low" effect.

90% of the people here think that the as long as they don't go below cost basis, they are OK. This is BS. The cost basis doesn't mean anything. The avg buy price doesn't mean anything. Lost potential profits are lost profits. Opportunity cost is cost.
Looking at cost basis is only good for reevaluating past strategies.

>>27276490
based, also fuck jannies

>>27269587
Don't worry man, GME is already over. The shorts are covered. The clearing house mess is solved. (A large part of the dip was clearing houses liquidating so they could cover GME volume)
Even if monday is red from some after-effects, the rest of the week will be green, regarless of what the GMEfags are up to.

>>27276490
This is why I don't ape into something and just throw money at it. If you research the stock and actually invest in reasonable companies the old boomer adage of "time in the market, beats timing the market" generally holds true. People who worry about their positions and just shit the bed on a dip likely never did any DD in the first place.

>>27276795
Then again, my strategy currently is buy the rumor, sell the news, not slow growth and riding out dips.

But I have a pasta for that too:
Protip time: The market downturn is coming, but we don't know when. It could be 2 months ahead, or 18. It could already be happening.

But first, take a look at the last huge downturn, the dotcom pop. Every zoomer idiot here imagines it as a single day 50% drop, but that's not true. It was a slow descent over months to a year with a dead cat bounce at the end of year.

The play now should be investing into 1-2 month plays, which either pay off or not, but sell after 2 months.This way you will not be affected by a slow downturn. Once these plays start to dry up, or simply not work out, we will know we entered the bear market phase, cash out and wait. Reinvest when opportunities start propping up.

The main takeaway is buying boomer ETFs are idiotic, divvie stocks even more so, and 6 month long plays are actually riskier than meme shit. Do meme shit and enjoy the monthly 30% while it lasts.

>>27276688
>Not comfy.
You're wrong, but that's besides the point, we don't talk about game in here.

>>27276688
I largely feel the same way, try saying that in /smg/ and watch them pounce on you. Some retard is giving financial advice in there suggesting that you shouldn't take a mortgage out, but pay in cash. Ahhh I can't take it, I want them gone. Here's a goth Abby Shapiro.

>>27276978
As long as the 10 year yield keeps going up and the QE continues ad infinitum, nothing fundamentally has changed and I don't think we'll see a downturn. I think we've got at least another 18 months.

>>27276490
>90% of the people here are STUPID
You don't have to frame tips about trading psychology this way. A lot of people understand opportunity cost just fine but could still benefit from your advice about assessing their positions daily, and they'll miss it.

>>27277333
I wouldn't say stupid, but beholden to their emotions.

>>27277209
>. Some retard is giving financial advice in there suggesting that you shouldn't take a mortgage out, but pay in cash.
I saw that too. It was pretty retarded.

>>27276490
Your strategy is just fomo pretending to be smart. There is no crystal ball to see which stocks will gain intraday or between days. But buying stocks with real fundamentals behind them means at some point you will most likely gain money. Safe gains > greedy daily pump chasing

>>27277710
It's not intraday, it's more of a swing trade. I have a proper dayjob, no time to daytrade.
I search up some upcoming news (like a Phase II result), buy, and wait for like 1-2 weeks for it, and when the catalyst comes out, it pump the fuck up (pricing the catalyst in) and sell it.

I gained way more this way than with any of my slow-burning value picks. The only downside is that it's not passive at all, I have to do some research every weekend.

>>27277710
And I would consider what I do a fundamental thing. Like looking at phase 1 results, previous results, employees and shit before making a move.

>>27277988
then I salute you, especially making gains on pharma. I assume you buy the rumor and sell before the news. Because I swear every pharma stock I've tried to chase has collapsed after every trial period, since 95% of the time they'll conclude its not viable and have to start from scratch

>>27278226
>>27277988
All depends on your risk appetite I think doesn't it? Nothing wrong with a 5-10% allocated to go for the shorter term plays.

>>27278226
Nah, I sell after news, because I only bet on successful companies. That's because you can actually determine if it's gong to be viable in Phase II or III based on previous phases. Most of the time it's plainly visible if they got lucky, or if it's effective with p=0.01

A great example was AUPH. Their Phase II was phenomenal, I don't know why it was not priced in. There was a 99% tehy will get PDUFA.

Also with NVAX. Their flu vaccine works very well, which means their adjuvants actually works (as opposed to JnJ-s shit), and they documented that they use the proper, unfolded, proven spike protein too. Phase II also went very well. The Phase III result they got was basically in the bag.

A counterexample is CLSN, where the interim analysis showed something like P=0.56 or something. In their previous presentations it was so obvious they were doctoring the data I think they didn't even try to hide it.

You just have to learn to read scientific papers and basic statistics.

>>27278566
If you can properly judge the chance of your bets working, you can use the Kelly criterion to know how much of your portfolio you should risk:
https://en.wikipedia.org/wiki/Kelly_criterion

>>27274538
of course.

My play for next week is Vaxart if you're interested, but I'm extremely unsure about that one. The results and the science checks out, but were some very shady stuff last year. Also a ton of pajeet 2 day old leddit accounts were shilling it on a few boards.

>>27278566
Also if you have a good track record and have 3-4 plays in parallel, it's not at all risky.

>>27279393
>>27278979
Hell of an if there, I wouldn't say not at all risky, all investing carries some risks. But I do see where you're coming from.

Recent news for me has been backwards, I guess AMD earnings was already priced in.

>>27279393
What a cool niche, good for you finding an edge and exploiting it.

itsallsotiresome.jpg

>>27279930
A lot of blue chips were pumped to the max before earnings. If they didn't blow estimates by at least 1.5x, they all pumped. Kind of clown world, if you ask me.
I have already sold my indexes, but if not I'd have sold them after this clownery last week.

>>27276490
>Holding stocks is the same as buying them every day. If you wouldn't buy it, don't hold it.
Except short-term capital gains tax could fuck you over.

>>27280126
Literally anyone can do it DESU. Just watch some Peter Lynch vids for motivation.
https://www.youtube.com/watch?v=72Pq5zKEi_g

hey /cmg/
sorry to repost this, but I value the cmg opinion 10x more, naturally
i am getting a little frightened that we are on the verge of a decent dip
i am worried that the s&p500 is going to dip more than 10% based on these factors
>liquidity issue for DTC
>liquidity issue for equity settlement
>Melvin/others underwater
>Citadel exposed to Melvin = sell other equities
>other funds exposed to Citadel/others sell equities
>domino effect like lehman 2008
>february bad month for stocks
>900,000+ each month first time unemployment filings
>new strain fud
>china slightly under expectations
meanwhile, the media has already told the story of retail traders driving stocks up with irrational mania. the crisis will be blamed on retail traders, instead of hedge funds doing shady derivative synthetic long shit to short a stock 140%
we are right now touching the 200 day ema (4hr)
if we bust through on monday, i don't see it stopping til $360 SPY minimum within days, maybe as low as $345 within a week
if we bounce on monday then i think crisis averted
i am hoping that the liquidity crisis will have been resolved
i am getting worried that the writing is on the wall. this is the black swan event
CPCE - so many equity puts bought this week
CPCI - decent amount of index puts bought this week
at the same time.. GEX did bottom out on friday
at what point will you short the market / go to cash / UVXY?
i know that many of you already have - i did myself with sqqq calls this past week, but the 10 year yield action with big bond selling on friday made me think that this dip may be short-lived. now i'm not so sure
Anthony Denier interview if you haven't seen it yet, explaining the liquidity crunch
https://youtu.be/4RS4JIEVyXM

If futures gap down in 50 minutes, and we have a red Monday, are you pulling out? Will you be going short? or will you go cash and look for dip buying opportunities?
where do you think SPY is going?

>>27280462

>>27280302
Nope, we have a special account type where you can trade freely with no tax, if you don't pull out actual money from it for 5 years.

And even if we didn't have that, I'd be still better off with taxed swings than with a long hold.

>>27280462
This is not comfy at all. Last weeks dip was caused by GME shenanigans and the earnings day effect.
The Fed made it illegal for stocks to go down.

>Melvin/others underwater
>Citadel exposed to Melvin = sell other equities
They have already covered their shorts (with calls) and the clearing house mess will be cleaned up by monday.

>>27280462
>SPY 200ema (4hr)

>>27280462
>If futures gap down in 50 minutes, and we have a red Monday, are you pulling out? Will you be going short? or will you go cash and look for dip buying opportunities?
I will hold because I am not a scared little bitch

>>27280566
This means nothing to me

>>27280722
>Trying to use TA after a black duckling event
pls no

>>27280707
I hope that you are right - that it is all resolved / the crisis teams tapped the lines of credit and it is crisis averted
If Monday is green, I will think crisis averted and stay long
I am worried though that these were the first notes of the (black) swan song

>>27280826
200 day (still) holds a lot of weight anon
everyone cares about 200 day, from professionals to algos

>>27280812
you should probably go back to /smg/ if you don't know what CPCE/CPCI is..
https://school.stockcharts.com/doku.php?id=market_indicators:put_call_ratio

>>27280868
These are pretty professional people. It was only melvin who ran a fucking gambling operation.

We'll see about the 200 MA. I'm pretty sure algos are way more sophisticated than this.

>>27281058
Well if you put that graph next to the actual SPY pricing you will see that it's not a leading indicator, so it has literally no predictive value.

>>27280462
I will be very surprised if the futures gap down. I am expecting a week of recovery. This GME/Citadel/Clearing house shit is nowhere near the same scale as Lehman desu.

>>27281182
>put/call ratios have no predictive value
pls go back to >>27279906

I am going to buy one stock of Johnson and Johnson every other week all year am I going to make it?

>>27275525
tranny btfo

>>27280868
I wouldn't be so easily spooked.
Somebody posted this video in the last /smg/ thread: https://www.youtube.com/watch?v=CpMEFtPZJLc
Jim Cramer talks about how as a hedge fund guy when in a short position, he would manipulate e.g. futures short-term or generate some options activity to give a negative feeling.

Realize that these type of short-term movements can easily be manipulated by the big guys to make you panic sell for example.
Just take a long view and don't worry about every little dip.

>>27281686
hm. so you believe that underwater funds generated the massive sell-offs we saw last week / exacerbated them, in order to try to recoup losses on their short positions?
>Just take a long view and don't worry about every little dip.
I exclusively trade SPY options, so the short view is what makes me the money!

>>27280868
I will be overall long until the money printer breaks.

>>27274538
Chill but no shill. Or Kill.

>>27281498
Hello am I going to make it if I do this or should I do something else? The dividend website says they are best. I want to live off the dividend from my Johnson and Johnson stock.

>>27282305
to me, this was almost a signal that the money printer is broken. if banks have no reserve requirements, the fed has created >$4 trillion in one year, the fed is buying everything from mbs to bonds.. how can we be in a liquidity crunch? where is all the money going that we can face a liquidity crunch like this

>>27282368
you won't be living off of dividends unless you have 500k+ invested

>>27281422
You may want to prove that by juxtaposing SPY and the P/C ratio.

>>27282802
thank you at least now I have a goal to work towards

>>27282685
Printer isn't broken until it literally stops printing. Anything more than that is overthinking it, imo. JPOW said the QE would continue, and they're looking to increase inflation.
>the beatings will continue until morale improves.

>>27282685
A single clearinghouse having liquidity problems because they failed to hold enough capital is not really representative of the market.

>>27269333
Checked. Jannies hate tendies

>>27283300
>a single clearing house
https://www.investopedia.com/terms/d/dtc.asp
>As of July 31, 2017, the DTC held more than 1.3 million current securities issues valued at $54.2 trillion and issued in the U.S. and 131 countries and territories.
I think that you are underestimating how interconnected the markets are. Why do you think we had the massive sell-offs in Asia this past week at the same time

>>27283430
>tendies
Am I new here, or this really is WSB-only slang? Because it's kinda cringe.

>>27283624
was originally /R9K/

>>27283764
I mean the specific usage for stock gains. I've never heard it on /biz/.

>>27283834
Oh yeah that's WSB

>>27283572
>$54.2 trillion
Where are you getting that number? Seems awfully high, I thought BNYM had the largest amount of assets under management at or around $2T

>>27283874
In that case

>>27283430
Go back

>>27283970
look it up

>>27275525
Faggot

>>27283970
>>27283572
Ah fucking ignore me, you linked it.

I'm an influx fag but I did a bunch of research a few years ago before I got frustrated at the concept of the market and ragequit. Can I hang out with you frens?

>>27284064
Why do you know so much about plebbit? I know you’re a newfag when you think tendies has anything to do with stocks/WSB.

jannies are working overtime recently, they seem to be deleting duplicate threads

>>27284642
Can it be classed as overtime if you don't get paid?

>>27271944
Just laugh at them as you take their money and they are left holding the bag.

>Futures

Every red day while I'm all cash is a good day, deeper the better

What is /cmg/s opinion on a major PLTR correction? Thinking about realizing those gains and buying back in after the dip

>>27280462

>>27286515
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

Time for some pink wojaks. I may re-evaluate some of my positions depending on how Monday goes.

>>27286515
>>27285345
>Nasdump continuing the dump
goddamn.

>>27284801
what's 20% of $0?

>>27286515
so many warning lights flashing!
https://youtu.be/Xlr2ZMTc52E
is this it boys? the big one?

>>27286726
>>27286796
>the thumbnail bug
AHHHHHHHH ITS OVER

>>27285345
>>27286515
futures don't matter until 2 hours before opening (kristen) bell

I want to short the market but I don't want to short the bottom

>>27286515
Can i get a quick rundown on Futures ? Does it mean people think the SP500 will drop in near future ?

>>27286997
I just enjoy pink Wojak posting. *ahem*

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>27287206
>something about time and market.

>>27287297
fren you are in the wrong thread, go to this thread and ask
>>27285284

Idk bros I'm mannarino pilled on next week. I think tomorrow will be fine.

>>27287297
Yeah, pretty much. But it is very volatile and not indicative of the next day. Futures went ape shit down the night Trump was elected, then the indices shot up like crazy during market hours. Futures are an indicator, but not the only indicator - and are frequently used by the 'tutes to manipulate retail investors. Know this, and you'll be better prepared. Greenlight.

>>27287297
Just look these things up on Investopedia. Always check there first.
>>27287589
Same, though the cheeky fuck has pulled all his positions.

>>27287589
Love the optimism. What is Mannarino-pilled?

>>27287801
Our YouTube trading wizard that I'm fairly certain has some kind of Faustian bargain going on.

https://www.youtube.com/watch?v=6HTr78zjvhE

>>27267377
Can I talk Roth IRA / retirement investing here?
Is there much of a difference between robo advisors and managed portfolios? I have a Roth IRA with Wealthfront but I'm considering transferring it to Ally Invest or SoFi to consolidate all the accounts I have, I want all my money in one place it's a hassle having to transfer stuff back and forth

>>27287801
pls go to >>27285284

>>27287801
Mannarino-san is a Fortnite streamer/day trader. He is rumored to be a deeply connected Mason and usually drops hints about what's really going on in his youtube videos

>>27287702
>>27287488
Thanks for the heads up, i have a hard time wrapping my head around all these concepts. I've been investing since covid started since i guessed it would recover, but i was just a passive investor putting money i think i guessed would go up or down. With the GME frenzy i tried to take a closer look and instead of guestimating what would be a good place to put money, actually research.

I've read a bunch and watched plenty of youtube videos to learn what things mean, but i find it very confusing, being an economics illiterate.

Do ye think Volkswagen is a buy for when Tesla inevitably crashes. Sick of this meme stock shit.

Aw crap, i wanted to at least pull out of robinhood on a red day. Ill be on cheapie lookout. And crying over NOKIA and missing gme.

>>27288065
There's a cockatiel that shares it's stock picks sometimes in the main thread, I've had good results following his picks.

>>27288289
The tarot card guy was great too. More effective than TA.

Did we actually start a new financial crisis with coom memes? Hearing Chamath compare Melvin to Lehman Brothers spooked me.

>>27286985
I really dont get this silver meme someone pls explain or show a link, my family has a lot of silver... im kinda shook

>>27288207
TSLA is going to $6,800 by 2024.

>>27288289
Hah, that's me. DM and JD so far.

>>27270200
>DUDE GME LMAO

>>27288481
It's a fad right now. Something to do with a consipracy theory that commoners can crush JPMs stranglehold on it.

Do ye think Volkswagen is a buy for when Tesla inevitably crashes. Sick of this meme stock shit. Also, thoughts on Gazprom?

>>27288695
Can't wait to see JPM dump more silver on the market than has been mined in the last five years.

>>27289256
They will wait for it to go a bit up in price so they will get a shitton of money once they fire up the printer.

damn /biz/ is on fire today.

SQQQ is feeling comfy now