/biz/ - Business & Finance

Weekend smg was surprisingly comfy.
I dared not to look at smg today tho.

Bought calls on QQQ and QQQJ friday, my setup is suggesting that's the bottom of the dip.

>>29964520
All things point to last friday being the bottom.
I'll keep my TSLA put until wednesday just in case though.

>>29963459
Morning lads glad this is up nice and early today!

Everyone had the /coffee/ and /comfy/ waiting for the SOXL split :)

>>29964957
i actually thought it may have been a bit too early since the thread was close to dying

Comfy hold

>>29965332
Oil is not exactly comfy right now. If the OPEC faggots can't strike a deal with Russia, they will crash the price.

Also high oil prices usually means soul crushing recession, so holding GUSH is bittersweet.

>>29965332
Suncor on sale is nice but I'd like it to be green now pls.

PSLV
BHS
AG
VGLD

>>29965492
A canadian bro told me on the weekend that there is a reason SU is down. It's because they are swimming in debt, and not that well managed.
Almost any other US producer or BP is better.

PSLV
BHS
AG
VGLD
BLLG

>>29965299
I'm usually stuck refreshing the search before open because I can't stand /smg/ these days

>>29964957
>>29965299
This reminds me of the good old days when the main thread would die right after 4 and not not come back until the next morning around open. I guess the golden age came right after that.

My Cielo order just went through. I've only put in gambling money, because it looks like such a fucking penny PnD, and the company is super sketch, but if it does turn into a Canadian GEVO, that would be pretty sweet.

>>29966522
it worked for me on friday but i'm going to take some profit because the ceo is a fatfuck. My other penny plays are SANP and DRWN. They're both pretty tied to btc tho.

Picked up enough shares on the dip to write options on XOM and looking forward to the SOXL split

how's the market looking today, lads?

>>29967047
futures are bretty alright fren

>>29966850
Yeah, the CEO is absolutely greasy, and their "super secret catalyst" was not really confidence-inducing (although there exists catalysts that can do what they claim to do, but still). I've read their patent, and it's believable, and their facility looks somewhat real too.

The fact that I could not find any job postings or proper information about the company on social media is also very worrisome, considering they are supposed to be a cutting edge chem company.

Is this a comfy portfolio?

>>29967084
gret!

still waiting for my cost basis to transfer into fidelity, taking forever.

>>29964604
No it didn't, the only hint we got was when futures opened and fed started buying an extreme amount of bonds reversing the potential crash.. friday looked horrible. BUT there's no reason not to buy now, since they clearly doesn't want the market to crash even 10% before starting to pump it again

>>29967465
Don't fight the Fed, amirite? I've also read on zerohedge that a lot of shorts just started covering at the end of last week, and the volatility is more capitulatory than crashy.

Goodluck today

>dollar up
>stonks up
>bonds up
>btc up

I'm thinking bull trap. Especially given how bonds just shooting starred down at 9am

>>29967804
i still sleep with stuffies too :3

Crypto market being 24/7 is incredibly comfy. >wake up
>market never went to bed

>Buffet says never bet against America
>Heavily invested in Japan last year
>Has more China car company stonk than GM
Lmao I see u u shifty nigga

Considering selling half my Suncor bags to buy into the SOXL split today. Comfy enough?

>>29967920
i sold my crypto recently and it feels good to be able to sleep again. now i just have one btc, named clara, that was my original coin that i plan to just keep regardless of what happens/never sell.

>>29968108
I kind of agree with him, really. I've lived in the US, EU and HK and I would for sure put my money on America. Also he really means the S&P500.

>>29967860
I just learned what stuffies are, apparently it's some dd/lg term for stuffed animals? Wtf

>>29968233
>I would for sure put my money on America
Think whatever then hell is happening with our politics is gonna catch up with our investment viability soon enough and a lot of people are waiting for the post-pandemic correction to move their money into Asian markets where they can handle public health emergencies and you don't need to include "reddit armies meme-bombing your positions" on your risk management tables.
But that could just because I'm both a Sinophile and a weeb.

>>29968386
ugh, it's just what my sister and I called plush toys growing up. some people call them plushies, we called them stuffies (stuffed animals).

>>29967581
>the volatility is more capitulatory than crashy
Yeah this is 100% true, but that doesn't mean it could help cause a crash. We're bullish again, but I don't think the "capitulatory" mindset will just vanish and another pullback like this could happen fairly soon, but we will most likely see new highs before it happens. Buy buy buy

>>29968108
That's just cherry picking though, like 90% of Berkshire is still american and obviously Buffett the Boomer wants to diversify into different economies to lower volatility, risk and what not. Also, investing in Japan is pretty much investing in USA.. unironically

>>29968570
I've always called them stuffed animals...

>>29968558
Buffett's point was more that of course we'll have natural vicissitudes of life and markets, but if you have a long enough time horizon and believe that America will survive, your probably not making a bad bet on owning a sliver of the top American companies for 30 or 40 years. Historically it outperforms daytrading and managed funds too.

>>29968674
yeah we shortened it I guess. I mean, we were like 5-6 so not really sure what the thinking was kek.

>>29968558
>don't need to include "reddit armies meme-bombing your positions" on your risk management tables.
"Papa Xi deciding you are no longer a friend" is not much better.

As far as macros look, China is already cracking, and may have a very bad year this year. Not to mention that large funds will start selling chinese equities in the spring.

>>29968597
>We're bullish again, but I don't think the "capitulatory" mindset will just vanish and another pullback like this could happen fairly soon
I'm giving it 2-3 weeks max. EOM we will crash again, maybe even more spectacularly this time. I'll start rotating my TQQQ into SPY or even MO next week. But it'd be stupid not to ride this wave.

Btw, there's gaps on globex. 12926 on NQ and 3812 on ES, so if we dump later today or later this week that will most likely be the target.. if you're trading TQQQ it should be around 90

>From 1920 to 1929, total wealth in the U.S. more than doubled, and individual Americans started investing in the market in a big way.

>But all was not as roaring as it seemed. Consumer debt increased, and companies over-extended themselves too. Financial institutions became heavily involved in stock market speculation. In some cases, they created securities "subsidiaries" with their own brokers secretly selling their own stocks — what would be a clear conflict of interest today.

>Weak regulations had opened the way for a period of wild speculation on stock exchanges. Being "in the market" was the "in" thing, but many investors weren't researching companies and buying based on the fundamentals — they were just gambling that the stock would keep going up.

>Even worse, many people bought shares on margin, generally needing just 10% of a stock's price to make a purchase (not realizing they'd be on the hook for the whole amount if the price fell). That, in, turn, inflated prices, with shares selling for more money than justified by their companies' actual earnings.

d-does that kinda seem like now?

>>29969504
shhhhh anon, let it happen.

then we feast

HELLO CWSSF?
BCRX SHILL THANKS?

>C

yee

>>29969676
shoo shoo clf tranny

>>29969676
please use a trip

>>29963459
why is apu sad I hate seein him cry :(

>>29969504
Not really. It's more like the dotcom shit of the 2000s, where if you had "cyber" in your company name, it was worth an instant $1B valuation. You can see the same thing happening now with EVs, Green energy, and Palantir-like debt-ridden speculative tech shit.

The difference between our current bubble and both the great recession and the dotcom bubble is the Infinite QE the Fed is doing. They are doing pic related to the Bond market, which also inflates the equity markets, because there is nowhere else to put the money.
So it's not retail consoomers pumping, so it is absolutely irrelevant if they are on 2x margin or 200x or what your shoeshine boy (or uber driver) told you this morning.

The problem with this is that there is absolutely no way to tell what the crash catalyst will be.
"Generals are always prepared to fight the last war"

I sold all my FLT.V last time it jumped. You guys told me flying robots would never deliver packages!

>>29969647
>>29966522
>>29966850
>CWSSF
Ya, OK, it might just work.

>>29970294
I understand that shit in rich areas, but imagine drones flying with packages over poor/poorer areas. Kids will probably get instructed to hunt them down with slingshots and mopeds

>>29969986
since I can't time the market I guess I just DCA in slowly over time? that's what I've been doing anyways, I put 400 in a month.

>>29970706
>kids will shoot them down with slingshots.
Ok well I don't know what sort of Bart Simpson cartoon world you're living in.

>>29969268
2-3 weeks seem pretty short to be honest

>But it'd be stupid not to ride this wave.
True

>>29970864
Well, you should put in most of your money that is not your rainy day fund.
Most probably into a 2x SPY fund, if you don't have an edge. The current valuation being the exact top is very unlikely.

>>29963459
Finally /cmg/

>>29970920
>See drone flying with package
>Follow drone on moped
>Drone starts descending
>Blast it with slingshots
I don't see how that's something unrealistic to you anon, we're talking about small delivery drones not fucking reapers

Okay those niggers are definitely cheating with the options price manipulation.

I got stopped out on calls during that giant great candle.

>>29970706
>>29971290
>>29970920

>>29971081
i've just been buying VOO. I'm afraid to buy something leveraged...

>>29971437
*green candle

>>29971449
I hope that's America

>>29971513
VOO has leverage, it is 1x leverage. Everything is leveraged.

>>29971538
to me 1x is not leveraged, but maybe i have my terms wrong? if I buy a 2x leveraged tracker if we get the big crash I could lose 100% rather than 50% or whatever.

>>29971528
Pretty sure it is. That was during the Saint Floyd riots last summer IIRC.

If you actually think that's a possibility you should be buying guns and ammo instead.

>>29971608
You also get a 100% better upside. If you buy in now, and there is a crash, and it takes 3 years to recover to the same price level, it will also take 3 years for the leveraged ETF to recover to the same price level (minus some stuff like beta slippage and fees).

>>29969268
why MO? misery index?

>>29971290
I mean I'm not saying it's impossible, I believe there will be many young Lord of the Flies boys roaming the streets in loincloths whooping and hollering and throwing spears at the future technology drones.

>>29971765
that kinda makes sense to me. so you're saying if I think in 30 years my S&P500 index fund would be worth 5x, a 2x leveraged one would be worth 10x. But if there is a crash inbetween does that not kill a lot of the principle?

>>29971765
Is this the fee adjusted version or not?

>price at 10:01 goes straight up
>hits 2.76
>I put my stop in at 2.63
>continues going straight up
>bzzz my stop gets hit

:(
I need find a quick way to do the
>Market condition, .SPY210301C385 = MARK 2.64 submit stop limit order at MARK 2.64 for a stop limit of 2.63
thing. But its just so tedious when you're in the heat of it. Even if I make it a template I'd need to enter each number individually each time. Gonna cut into my reaction time.

>>29971449
That's why they need to use these things.

>>29971881
There is no such thing as "principle". There is your current liquidation value of your portfolio and there's that.
The drawdown of very leveraged ETFs can be huge, which is a problem if you actually need to cash out at the bottom where you will most likely need money (because there is a recession).
If you are guaranteed to not want to cash out during a dip, all you need to look at is fees and beta slippage.

>>29971791
MO is very solid and not affected by either inflation or recessions. In fact, they go up in recessions because people just smoke more. They also have a massive divvie.

>>29971896
I'm pretty sure it's not fee-adjusted.

>>29971881
The important thing to realize is that every ETF/index has a historically optimal leverage that would have returned the most and it's never 1.

Whats wrong with NVIDIA? Very lethargic stock. Think im going out of this.

hek

>>29972331
semiconductor shortage + their inability to meet consumer demand is really limiting them

>>29972331
>Down over half a percent
Lol wtf? Guess a lot investors just don't want to risk a tech stock when consumer staples and everything else is pumping.

I'd buy the dip, but I can do better than a $500 share price with pennies for a dividend

>sells right before the breakout
>it hits the meme lines you drew premarket
Every time, without fail.

/ZN is a cheat code right now. Its leading the index tics by like 2-3 seconds.

>>29972934
Wtf is /ZN? Also second-latency daytrading is not exactly comfy.

>>29973094
10 year treasury note futures

>>29973094
>Also second-latency daytrading is not exactly comfy.
And I would disagree. I can turn my charts off and walk away with no bags and a stack of cash. Its feels great man, not having to worry about government contracts or an obscure court rulings or even any macro data. u a nation of 1.

How's everyone doing? I am green but its awkward. I prefer slow steady gains but I didn't mean 1% a day. more like 4-6%

>>29973408
I wanna see that bug boy's dick

>>29963459
BCN is shit right now....

>>29973544
good, i hate that place now, i even hate the fact that i took that image there

>>29968233
Should rename your btc and name her Cassandra

>bonds still seem to be trending down
this is gonna be the 3rd time in a row we form a rollercoaster on the indexes

>>29971449
diversity is our strength

>>29969676
Congrats on losing 500k, faggot

>>29969676
What's the expiration on those options?

>>29973462
>I prefer slow steady gains
>like 4-6%
>a day
Hear that? That's the sound of boomers' pacemakers giving out.

>>29972180
I'll do it for the tent, the ammo, and the bag limit.

>>29974254
modern technology will build you a new heart from scratch.
>have a bangs

>>29974451
Have we even solved balding yet? That's the true epidemic

>>29973462
You must have gotten crushed on friday then.

>>29974538
Yes but it nukes your dht.

>>29970625
I've been told OTC is risky, but this shit is absolutely uncomfy. Super fucking volatile.

>>29974012
Think about how much more production is stimulated by packages needing to be replaced

>>29974992
Fixing broken windows does not count into GDP.

>>29965628
damn, bayhorse.

>>29974706
you should try swinging leveraged derivatives on the minute on binance.

Think we can call this mania?

Should I buy a share of SOXL before the split then dump my 15 fresh shares on the Reddit fags?

>>29974538
I feel that the cure to baldness is right next to the cure for aging in the vault of some oligarch.

>>29975219
You know soxl has an underlying it moves upon right? Soxl itself is unaffected by the split but you should dump on reddit always regardless

>>29975205
it ain't mania until my dad starts daytrading. he doesn't do anything riskier than driving to church

>>29975313
>Son, did you know that stonks only go up?

>>29975205
call it what you want just don't call me late for dinner

>>29963459
hello frens here is a great pepe i saw in another thread.
LET THE GOOD TIMES ROLL

>>29975117
Yeah, I might as well play russian roulette.

>>29975205
Nah, it's just the great undippening after the last two weeks.

>nervously looking at SPY puts to make sure they are still there

What a fake ass pump, everyone knew the stimulus was passing with dem control... I'm 75% cash now

>>29975724
>everyone knew the stimulus was passing
>still implies that the pump is because of the stimmy
You should spend more time learning macroeconomics.

>>29975313
My dad texted me about weed stocks yesterday morning. I was thinking: "what is this, 2018?"

>>29975724
Don't beat against Amurica

>>29976192
your dad is correct. Cannabis is the next cash crop.

>>29976050
What was it then

>>29976340
A bond rout. Which peaked when the bond prices crashed last week because of a catastrophic 7yr auction.
I guess a few things happened after that:
- The Fed put QE into overdrive
- Large funds sensing the end started covering their bond shorts
- Large risk-averse funds started rebalancing, i.e. buying more bonds

Now that bonds have somewhat stabilized, there is no risk of immediate meltdown, confidence is increasing again, and so do equity prices.

>>29976050
I think the stimy is informing a lot of the price action today though.
>pass stimy in congress
>buy
>pass stimy in senate
>sell
The effect is so big mainly because we're crowded with retail traders. Volume is pretty level today. Bonds recovered a smidge by imo they still look like they're headed lower

>>29976611
see>>29976551
This anon pays attention in class

>>29976611
The stimmy was priced in like a month ago. There was 0% chance of it not passing congress, and 0% chance of it not passing the senate.

>>29976611
Also retail traders are less than 10% of the market, and believe me, after a bond volatility like this, retail volume is dwarfed by institutions and pros.

>>29976611
>>29976702
The actual concerns were over the minimum wage bills.

>>29964957
having my /coffee/ as i type this

>>29976656
yes but there can be more than one reason for something.
Bonds don't look like they've rebounded with any strength and I think its a real possibility that yields are up above 1.5% again in the near future

Also any of you comfy lads living in germany right now? I am doing an economic report on the country and would love some input of what factors led to the recovery of your state as well as public opinion of cannabis as a product.
>asking for science frens

>>29976845
The problem isn't with bonds raising in price, that's been happening for 6 months now.
The problem is that they sped up, and started going parabolic. That spooked a lot of institutions and algos, because they had to start gamma hedging.

>>29976702
Its still a catalyst for traders play regardless.
>>29976766
People don't give retail (or professional traders for that matter) enough credit for their ability to move the market. Don't you think what happened in September was entirely retail's fault? Who but retail (and pro traders anticipating retail) pushes up the value of stocks because they've announced a split?

>>29976929
That's fair. I guess I have this image in my head of bond traders not being able to panic lmao. I think of a bond trader and its the most boring guy in your accounting class.

>>29977131
dude if you have been playing this game for more than a month and still think that retail investors have power in wallstreet you are woefully mistaken and have uncomfy thoughts.

>>29976929
>parabolic
heaps of people use this word but I'm confused. The instantaneous rate of change differs on a parabola depending on where you are. Gamma could =1 or be less or greater. Is there something I'm missing here?

>>29968570
"Plush" I believe is also a person who has plush lust. A variant of furry that only jacks off with a plushie.

>>29977379
Nah dude that's such a first year trader mentality.
Like its all out of your control and the spooky scary market makers are out to get you.

Retail has plenty of power to move a price up (very little to move it down or stop it though). Especially in this market and how many entered the game last year.
There are plenty of good articles from 2019 about how retail decreased volatility. Just follow that logic to its natural conclusion.

Any good $1-$5 stocks that would be worth buying a handful of shares of? I'm sick of watching my TXMD drop more and more :/

>>29968558
Problem is that China is not doing near as well as they want everyone to think, and general trust in China is low.

Damn.
>trading at 4.3 now
Hardest part of scalping is not caring about how much you could've made if you hodled.

>>29977388
The rate of change started to increase around Feb 10, and then in Feb23. This rate of change increase will move predictions way down (depending on your timewindow), and once institutions try to price that in (i.e. sell bonds), it jsut continues to decrese, creating a self-fueling idiocy.

Parabolic is a misnomer, because it's more like an exponential curve.

>>29977813
That's a lot of words to say "I have incurable confirmation bias"

Huh, the Workhorse earnings was better than expected, and it started pumping. I wonder for how long this will last, since it's such a shit company, it's basically bound to fail.
I guess the absolute crazy amount of copium helps.

I'm glad things are green today, do you think they'll last? If not, I'm holding a bunch of cash for further dips. I think what the last two weeks has taught me is to always hold about 20-30% cash in case something dips.

>>29978518
>That's a lot of words to say "I have incurable confirmation bias"
Nope I just read a lot of financial news and journals. Markets are the combined sum of all participants. Time to take the tinfoil off and join me on the side where you're gonna make it.

>>29978722
I expect a crabby week.

anone tried trading bot?
kucoin grid trading bot gave me 100$ profit on my 1500$ investment

whatsa the catch >

>>29978518
thanks that clears things up, i had a feeling it was more of a colloquial term.

>>29978794
I mean if today is what you mean crabby then I'd be very happy with a crabby week.

>>29978246
Also since inflation is a huge topic nowadays, China has created over three times as much money supply as the US since 2008.. OR more money than any other country has printed, in gross terms, in world history.. since 2001. They also run on a 10% of GDP fiscal deficit while the US runs on a roughly 4% deficit. China is LITERALLY a ticking time bomb and the only reason they are still "alive" is because they fake their own growth numbers, as soon as the lie gets exposed or their lying system fails, it will all come tumbling down.
China is not comfy

>>29978830
Link ill backtest it for you

>>29979050
>Exact quotes from 1989
China is gonna make it. Pretty good comeback from a narrative perspective of World History. It'd be icing on the cake if they pull Africa out of shithole status where the Europes couldn't.

>>29978791
But which Markets? You are talking in a macro perspective; very vague at that
>Markets are the combined sum of all parts
>A clock is the combined sum of all parts
>Humans are the combined sum of all parts
>technology is the combined sum of all parts
but are then alluding to the micro
>Retail has plenty of power to move price
>how many entered the game last year
>articles from 2019 that are obsolete because of government shifts
I am not trying to be a contrarian I just want you to understand how your audience is perceiving the information you are giving.

>>29978722
I expect rollercoasters. I think closing will have quite a lot of selling

>>29976307
tell that to all the farmers in orgeon who would have made more money farming hay last year

Looking at the WKHS earning reports, the earnings per share was mainly from the investment in RIDE. That's still bullish, right?

>>29979050
>>29979245
If we ARE actually heading for a recession, China will fucking implode. They are absolutely dependent on exports, and if noone buys their cheap plastic unnecessities, their economy will crumble.
Exports are already decreasing, even though the rest of the world is starting to wake up. Their manufacturing PMI numbers is also pretty low right now. Their 2020 growth was propped up by credit and spending, but now I guess their debt is catching up on them.
I also heard that they are running out of forex to do their little Yuan manipulation shenanigans.

>>29963459
Hello, what is the difference between smg and cmg. Less shitposting, more ???

>>29979695
Oh yeah, I forgot about that, they get 10% of everything RIDE. So realistically they should be at 300M market cap, because that is the only value in that company.

>>29979763
smg is better

>>29979763
actual discussion regarding investments rather than fomo spam into meme stocks; slower threads too = more chance at discussion and opportunity to learn from each other and share ideas

>>29979763
>>29979834
Ya, /smg/ is way better, this thread is boomer cringe and boring.

>>29963459
Wtf bro I work there driving exactly those trains

>>29980153
Is it cool being the train driver? I know those positions are normally reserved for people who have been with the agency for a while, but I've always wanted to do it.

>>29980153
neat fren, i shot the original back i think august 2019 when i was dating a bcn girl that turned out to be a lying roastie

Did TD Ameritrade start robinjewing their options? My stops are getting hit way too easily.

>>29980265
Yup its kinda like being a firefighter, except you are not hot.
Nothing happens until it happens.

>>29980383
>Nothing happens until it happens.
Then you are absolutely ready for the stock market.

woo hoo $1.66 (x50 but still)!

>>29979763
smg is a shithole

>>29979674
The farmers in oregon are fine. It cost roughly 200$ per acre to plant.
>They forecast $291 million in revenue in the 2019-21 biennium from the 17 percent tax on retail sales. That was almost $31 million more than the outlook in May, and $54 million more than what was expected just before the biennium began.

I want to ask anons what they think about NAKD (Naked Brand).
First mentioned when all this meme shit started, I did some research and it was heavily shorted, low price (I am -30% at the moment but was up +20% on it too so there is liquidity and volatility in it) but seems to be a no brainer to me that a big investment group working with top female underwear producers like Heili Klum will blow up because a) women are the biggest consumers spending more money than your average man on consumer goods b) summer coming - bikini/underwear/swimwear season c) corona ending, tons of women buying lingerie as they've not been fucked for a long time and there will be tons of thirsty hoes out there
D/E is 107% but they have been steadily raising their assets over the years reaching 90M in 2020 showing around 20% growth from 2019 which in corona virus based market is insane to me! I feel Naked is and has been a massively undervalued underdog. Any Naked anons here? Seems to me like a no brainer but I think it's been heavily omitted due to all the random stock shilling lately

>>29980705
>picking up pennies from in front of a steamroller
I have trouble believing the algos don't scalp these already.

>>29969676
remember when you had a million dollars?

>>29981122
It used to be way easier to put just a stop midway into an engulfing red candle and just go to sleep. Now it gets torn apart by algos without the mark ever changing in my UI.

tesla is my irrationality index.

my lil INUV doin sum

>>29980153
>>29980339
Am I the only one who finds it odd that OP posts a random image and the guy who took the image and drives the train are both in the thread?

>>29968163
I thought today was too late to be part of the split?
If I'm wrong I might have to dump some bags to hop in as well

what boomer ETFs do you guys like? I've come to the decision that I am not cut out for proper investing and it gives me unneeded so I just want my boring 10% gains that I never have to look at, I'll be a millionaire at my own pace which is around 40.

Mostly looking at VTI plus VXUS or VT? What do you think? is

still down $1500 from the the last 2 weeks but today is nice

Feels like a summer day... but +2.5% pretty hot.

>>29982585
>Someone once asked a man how he was. He replied, “I’m going through hell!” Said his friend: “Well, keep on going. That is no place to stop!”

>>29982553
uneeded stress*, I'm the kind of person who cant not watch charts

Good morning, I am still in bed and enjoying reading this thread, I hope you all do well today

>>29982553
I'm 80% VTSAX, 10% cash, 10% stock picking

>>29982719
it was definitely hell. had my worst day thursday? i think it was. like down $1300. up $820 so far today

>>29982553
I think historic performance is indicative of future performance in case of indexes, so I'd just go with an sp500 or a nasdaq100 index. VT underperforms those AFAIK.

>>29977742
i think mostly you guys need to just stay away from that weird shit that way when someone says plushie you don't think they're automatically talking about fucking a stuffed animal or something.

that's like the people who hear CBT and think cock ball torture rather than cognitive behavior therapy

>>29982913
whats VTASX about that its your only one? I only know a handful of vanguard etfs atm like VOO and VTI, only been in stonks for a month and found out I have paper hands.

>>29983133
>your brain on 4chan

>>29983180
VTSAX is the mutual fund version of VTI

Falling for the silver meme was not one of my smarter decisions two weeks ago. You can always count on JPM to destroy it.

Always blow 10% of your daily gains on random shit on Amazon, best way for degenerate gamblers to lock profits. 30 day returns if you go broke.

What're you buying today?

>>29973462
/cashgang/ and i don't understand this doom crab.

>>29983529
We were supposed to have a 10% correction but autists fomo'd into the dip again.

>>29983506
oh so its the vanguard account one, thanks, I'll probably just get VTI then

>>29983529
>>29983626
did we fuck up?

>>29983626
If you can explain why the retail investor holds more power than J. Powell than I will listen to your advice.

How long are you holding SOXL?

>>29984482
We've had like 3-5 10% corrections in the last 10 months with no catalyst except overheat.

>>29984557
years

>>29965332
Let's end the environment together

>>29984610
You do not think:
>www.federalreserve.gov/newsevents/pressreleases.htm
has no catalyst for the past year?

>E-Commerce is now 14% of all retail sales, up from less than 1% in 2000.
Reminder to have e-commerce in your long term portfolio

>>29985047
That's the upward catalyst.

>>29984610
I'm pretty sure none of the corrections was caused by retail. "Overheat" maybe, but certainly not retail FOMO and "paper hands".

If I worked for the admin I'd tell him to procedurally regulate and destroy cryptocurrency because it would be like a steam release valve on market participant enthusiasm.

>>29985175
The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and expects it will be appropriate to maintain this target range until labor market conditions have reached levels consistent with the Committee's assessments of maximum employment and inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time. In addition, the Federal Reserve will continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage‑backed securities by at least $40 billion per month until substantial further progress has been made toward the Committee's maximum employment and price stability goals....
This is not good catalyst for 2022

>>29985548
Retail creates the overheat, then become bagholders - sell the bottom.

>>29985713
You have zero evidence it was retailers and not hedgefunds, quants and pro daytrading shops.

>>29985900
Why would they do that?
Besides, that's like saying I have no evidence that the market isn't being moved by a mule sitting on a keyboard at the NYSE.

>>29985980
Well, the fact that hedges, quants and daytrading firms are more than 75% of the volume even on peak retail days, I'd say they are the ones moving the markets (and scalping those 90% of traders that lose money on average).
Your claim is counter to this simple fact, so you would have to show at least a bit of evidence other than "dude, it do be like that".

Bought a few shares of KMI at $15, after a half-assed analysis I think they are undervalued
Still kinda bearish and anxious about a crash tho, don't know yet if I will sell or go cost-averaging if it starts to dip too hard.

>>29985980
Tell me more about the mule

>>29985103
Fuck of Bezos. Your ex-wife will be remembered as a better person that you have ever been.

I made the beginners mistake of buying in the middle of a bullrun. I bought for ~1.5 each before an AMA, but it went down to 1.0 the other day now its crabbing at 1.2. March is meant to be a good month for parsiq but I doubt announcements will increase the price that much anymore. I'm feeling a little down about it.

>>29986424
>25% is an insignificant number
https://www.philstockworld.com/2020/05/10/its-retail-vs-institutions-a-look-at-whos-buying-stocks-here-and-who-isnt/

Take a look.

>>29982553
SPYG has treated me well

>>29982553
I've always liked BOTZ but idk if that's boomer enough for you

>>29985980
The burden of proof lies on the one making the claim. You claim retailers influence the market when we say they do not. I have stated that the reserve has the most influence, other anon is saying the people who work on literal wall street influences the market. Both of us have provided proof to our claims and you just keep saying
>but the retailers noise of hindsight matches these cherry picked graphs

>>29968108
Funny enough, most of my japan stocks stayed pretty stable through last week (other than sne)

>>29987102
I'm saying everyone is influencing the market and that retail causes a lot of overheat because they generally act with less information. I don't see why those things need to be mutually exclusive. Everyone's chasing each other's tails.

That's the stock market brother.

>>29986778
What even is the unit on that graph.

I hate zerohedge, 90% of their analysis don't make any sense, it's just absolute TA BS. Just look at this graph, and the quote:
>the disconnect always eventually ends, with stocks catching down to flows.
When in fact the blue line went UP in february. Meaning that the graph has no prediction power.

So I will still say that it's not retailers who move the market, because your evidence is basically inadmissible.

>>29987556
>When in fact the blue line went UP in february. Meaning that the graph has no prediction power.
>he doesn't know about the global pandemic
Nice coma, was it fun?

>>29985592
You trying to get him assassinated?

Market movement is based on aggregate sentiment. I'm a moderately intelligent human being, so I'm probably in line with a good deal of other institutional and retail investors when it comes to dip buying.

Doesn't matter to me which of the two actually drive the indexes. More often than not, they will be in lockstep.

>>29987647
That's the fucking point. Mr. Technical Analysis Fight Club Guy implies that institutional equity flows predicted the market crash. When in fact there was a fucking virus killing people.

This absolute lack of understanding macro-level events is characteristic of zerohedge. Which makes their analysis unreliable, and outright false exactly 50% of the time.

>>29987470
because that is not the stock market. You really need to look under the hood of the American Economy. Understand the 'boomer' fundamentals. You have to really dissect and categorize the market so you understand which markets are independent and codependent or if they are complimentary or substitutive. Making assumptions about how 'retailers' trade is the same as astrology. I am a retailer and I make informed decisions based on the information provided by the treasury, federal reserve, and the companies I am invested in.
>overheat isn't an economical term that I understand
>you mean inflation

>>29987919
>institutional equity flows predicted the market crash
Well they knew about the virus a week/month before we did.

>>29987919
>When in fact there was a fucking virus killing people.
! This claim about a fucking virus has been disputed

>>29987919
DUde we need to stop. This guy is just being dumb on purpose or is currently skipping his highschool classes.

>>29987965
>I am a retailer and I make informed decisions based on the information provided by the treasury, federal reserve, and the companies I am invested in.
Do you think you aren't an outlier?
>>overheat isn't an economical term that I understand
>>you mean inflation
What?? September's sell off was caused by inflation?

Theres no need for this thread anymore, most of the newfags have already fucked off since we told them to neck themselves. smg is getting pretty much back to normal content wise, if only a little faster, but it'll slow down

>>29988116
I know you won't understand any of this but here is why September had a correction
https://www.federalreserve.gov/newsevents/pressreleases.htm
info
>https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20200916.pdf

>>29988016
Is that why they FOMO'd in in february? As far as I see, it's institutional FOMO that predicts the top of crashes, and not retailers.

Here, another graph from zerohedge to prove it (in this case it's actually pretty good).

>>29988088
I don't know why you can't admit that retail (especially nowadays) aren't the smartest investors or that they drive asset prices up with fomo which traders/institutions pile in on, causing overheat which results in a 10% correction.

Sounds pretty reasonable to me. Have you seen the rest of this board? Or that fucking reddit group? They drove a 10 dollar stock to 500.

>>29988165
So you're saying you miss us.

>>29988165
Well go back there then. I've jsut looked over, and the amount of curry is still unbearable.

>friend tells me they're sad they sold a stock last week below $1 because it's at like $3 now
>look it up
>it reverse split today

these people. she's actually fortunate and she doesnt know

>>29982553
If you want max comfy I'd also look into some bobo funds to hedge with. SQQ, TZA, GRZZX and the like.

>>29988403
>September 16th
Okay but it started on September 2nd?
>Statement by Federal Reserve Board Chair Jerome H. Powell on the passing of Thomas Laubach, director of the Division of Monetary Affairs
>9/2/2020
Damn I shoulda known!

>>29988437
I say "overheat"s are wholly caused by momentum-following algos and daytraders.
Retailers make dumb decisions, but they have low holdings, low volume, and very infrequent trades, which are immediately scalped by algos.

>>29988617
>wholly caused by momentum-following algos and daytraders.
The point is that that momentum is being fed by retail.

>>29988779
Nah, it's fed by other momentum chasing algos.
Or do you think it's retail that causes significantstock movements fucking milliseconds after musk posts a tweet?
You are a deluded, self-absorbed bullmarket genius, who LARPs here as an expert, but will be fucking steamrolled one day because you understand NOTHING about this market.

Pic related, it's your portfolio in the future. Don't bother answering, I have you filtered for this thread.

I just impulse bought a guitar pedal for $230 that I could have put into stocks, I'm ngmi am I

i bought the dip last friday exclusively for the fact that i got dubs on a comment on which i said this was the bottom and the fact that purim was ending on saturday

>>29989081
just enjoy your life man, we only have so much time on this planet

>>29988933
Someone got pretty angry. Jeez I though we were just talking here.
Internet type should have different fonts to indicate tone.

Long term capital management is unironically a based strategy if you play short term.

Wendy's finally went above what I paid for it so I got out of that failure. I feel free. Now to figure out where to put my funds.

>>29989081
>wasting time and money on making noise
of course your not gonna make it, unless your rich/connected or weinstein thinks you have a pretty mouth

>>29988933
Also that's the whole point
>Or do you think it's retail that causes significantstock movements fucking milliseconds after musk posts a tweet?
Its the dog that wags the tail. Algos buy immediately because they know retail will buy shortly after and they'll be able to unload the bags they bought. I used to see it on Biopharma P&D's all the time.
They wouldn't do it if they didn't know retail would pile in after them.

>>29988165
I like this one better.

Apu Helper pepe is a psyop to turn you into a retard

>>29989081
Based
I fucking love my MIM Telecaster Classic Series '60s, one of the best investment in my life, got the opportunity to tour a little with a band before COVID thanks to it.

>>29989081
i still have guitar pedals from when I was 16 years old (I'm now 35), they last a long time so it's a one time buy. not the worst investment you can make. just don't be one of those idiots that buys a new guitar every year and changes amps all the time

fucking poomp i want to see power hour today

>>29990612
I appreciate how apu veered over in to gondola territory in last year or two.

Why own stocks when I can LEAP?
What's the point, genuinely asking

>>29990612
i don't need a psyop for that

https://pastebin.com/uc32tBst

>>29991513

>e sold?
>pomp the absolute shit out of everything

apu was the best thing to happen to this board

I MAKE THE SHIT CORN THREADS AMA

jesus everything is so green. I'm kinda bummed im missing out on the big bank gains lately

>>29991513

>>29992681
im just glad i put more money in and didnt sell the bottom. halfway to ath again

>>29992681
Kinda confused why Gold is the only thing in the red.
Very sus

Literally why is GME volatility related to index strength? Is it just because people saw how it spooped the market last time?

>>29993468
https://www.cnbc.com/2020/09/29/jp-morgan-settles-spoofing-lawsuit-alleging-fraud-in-metals-trades.html

Any good earnings coming to put my money on?

Oracle and FedEx coming up.

>>29993856
>settles
Well they sure as hell didn't give me back the $18,000 I lost trading gold during that same time period. ...

>>29993695
Stocks go up when stocks go up.

>>29994187
stocks went down when gme started chimping out again

>>29993860
fedex hasn't delivered a package on time for me all month, going to start calling them FederalExcuse

I think I lost 18k to JP Morgan's trading desk while I was literally interning at JP Morgan.

>>29994380
kek

>>29994062
they sell futures and buy physical on lbma lol

what a beautiful green day my friends
i hope nobody here sold the bottom

>>29994380
B-based?

Incredibly bearish for cannastocks.

>>29994902
My greatest achievement in college was convincing my entire intermediate macroeconomics class to sell their dudeweed stonks at the top of the 2018 bubble

>>29994279
That's true but they're better than the US Post Office.

I want to buy this so much. Convince me not to.

I want to buy Verizon

is the kike bond magic keeping the yield rate down?

>>29994902
I smell another dude weed movie in the future

>>29995198
More expensive doesn't equal better. Especially if you live in some podunk town in the middle of nowhere.
For public traded companies, Brown looks slightly better thanks to the fat divy.

>>29981823
Yes, you are the only one. How does it feel to be so extraordinary that you are the only one?

come on please dont dump into close

Rolling out a covered call that is very close to going ITM
>same expiration
>higher strike
>took a $100 loss for buying back the first call
>sold the new one for $200
>despite chasing my loss I made $100 straight away and changed to a higher strike
Did I do it right?
Seems too good, is there a catch I'm missing? I guess I just good deal when I sold the first call so that limited my loss.

help me move my gold frens

>>29994902
I'm waiting for the meme storm to be over so I can buy MSOS when everyone will have forgotten cannabis is going to be legalized.

>>29995986
guess who called it >>29979502

>>29996606
called it too soon

>>29996740
nah spy gonna go to 388

I'm calling it early today frens. Today was a recovery day instead of a profit day. See you guys tomorrow for another all red day.

crap i was one cent off

last minute buyers

DING DING DING. How comfy did you get today? +2.35%. Boring day, but I can't complain too much.

my SOXL bros excited?

>>29997239
3.48%. it's rare that i beat inflation

>>29997239
+3.09% from securities
But I'm up only half on the portfolio if I include the 50% cash holdings.

Now I know who to buy during the next dip.

>>29997239
+23%, all my spreads are back in the money thanks to my greatest ally

>>29997239
+5%
thank you UBER and RUN :)

been swinging at GRT

>>29997239
+3.75%
SRAC and WIMI finally woke up.

>>29997239
up 6%. halfway back to thursday. lost 6% thurs and 6% fri. CLosed most oil positions to take profit. Need to cash out 90% of my portfolio anyway but i'll dca back into oil and soxl

>>29997239
+5.07% and I am worried.

>>29981823
>trainspotter photographer and a train driver
>comfy autists with cash to burn
>hanging out on mongolian basket investing forum: comfy edition
More likely than you think

>>29997239
+2.45
Still didn't recoup my losses, but the day was extremely comfy. Waiting for DeGiro to change my account settings so that I can finally sell some covered calls for extra pennies.
My biopharma behaves as expected, miners ok but underperform, tech does tech things. I want more commodities, but can't choose between extra miners, wood and agro.

+1.25% meh

>>29997239
+$155.41
+0.59%


I shouldn't have bought the silver meme

>DOW JONES UNOFFICIALLY CLOSES UP 598.24 POINTS, OR 1.93%, AT 31,530.61
>NASDAQ UNOFFICIALLY CLOSES UP 374.38 POINTS, OR 2.84%, AT 13,566.73
>S&P 500 UNOFFICIALLY CLOSES UP 91.28 POINTS, OR 2.40%, AT 3,902.43

HNNNNG. I can't be the only one market smashing on open?

Will the SpaceX IPO dump tsla?

>>29997951
Ahem, this poster has $23,800 or so in his stock account.

>>29997701
i picked up some sqqq puts to hedge for another corection but i don't think a big crash is coming

>>29998069
Are you implying that anyone with sub-100k account does not deserve to be here?

>>29998190
I'm saying he's rich and I'm happy for him.

>>29998069
>Knocking down someone who's trying to treat their money better than 90% of the world.
Not comfy

>>29998069
i'm pretty poor. i live in a one bedroom apartment with just a mattress on the floor, but, i figure better to invest it then buy furniture or stuff.

>>29997239
+26.12%
sos and uranium tamagotchi are fat and happy

>>29997994
>"dude there's gonna be a bubble and the feds gonna raise rates sooner"
>"oh shit lets sell so that happens"
>Fed: "we probably won't"
>"oh okay buybuybuybuybuybuybuybuybuybuy"

Its really madness. Like the indexes would just have kept steadily rising. Chimp outs like the past few days add so much momentum to the upside that everyone and their mothers fomo in and drive prices skyward forming a bubble, the thing the dip was originally anticipating and in fear of.

>>29998238
>23.8k
>Rich
How much are you guys even trading with to think that? Less than 1k?

>>29998371
so that won't happen*

>>29997239
+4.93%, but still down 15% from last week. At least I know how I feel when I get too euphoric, and that you should start to take profit.

>>29997239
+4.05%, a little over $4,200 in total. Pretty nice

>>29998285
I have $1,000 in my account, sorry you thought I was being uncomfy.

>>29999037
Welcome to four figure hell, broseph.

>>29998439
H-how much are you trading with, anon?

>>29998043
Completely different companies. Musk's twitter will have more effect on TSLA than anything SpaceX related.
By the way, is the IPO already announced?

>>29998043
>Elon ever wanting the unwashed masses to get ahold of SpaceX

see you tomorrow lads, it'll be a good day