/biz/ - Business & Finance

i like your pic, reminds me that i haven't been on the tube in ages. what is this world coming to?

>>30114415

That’s because you live in Calcutta

>>30114466
that the best you got? i live in notting hill, as it happens. beat that. protip: you really can't

Got most of my money in boring value stock with year over year revenue increases, feels pretty comfy, especially with markets being so overvalued.

>>30114734
yeah i've been trying to stay comfy but everything is booming

what we buying today boys? any comfy holds im missing out on?

>>30116650
i'm in the process of researching for finding comfy holds again, i've got quite a lot of companies that are making me feel a bit uncomfortable given theyve moved up so aggressively; though i'll probably bite down and hold them into the next year

>>30114321
>Lancaster gate

>go short
>lose sleep over futures being so high
>futures dump
>only got 4 hrs of sleep
>will definitely affect my trading ability today
I fell for the trap.

goodluck today!

>>30116650
Nothing today. Today is a holding day

>>30116719
A lot of Consumer Staples and the big stores (WMT, COST) are down quite a bit this year.
Could be pretty comfy and fairly inflation-proof

>>30117892
hold days are always comfy, no stress, no need to stare at tickers. set some price alerts and enjoy the weather.

>>30114415
I got a job in London during the lockdown, and haven't been into the office once. In the summer they're making me leave my comfy country town and commuting into London each day, having to spend thousands on train tickets and inhaling fumes for HOURS for literally no reason. I've been working from home fine for months already!

Hoping to recover a lil more on Suncor before jumping ship and putting it into XOM.

>yields rising once again
I think its time to fight the fed

>>30116650
BEPRO
PPAY
HBAR

dyor

This stonk market has not been comfy at all lately.

morning boys, sun is shining and birds are chirping gonna be a good day regardless of what the markets do :)

>>30119150
hope you have a green day fren

>>30114415
I get a little bit of nostalgia for the tube when I had to travel round the country but had to be based in London.

Meant that I had to go on all the lines at some point but had to be up early enough so that I would miss all of the rush hour making it pretty comfy reading books and listening to music while it would just be me and a few traders on the line. DLR is the comfiest/best followed by Victoria. Central is the fucking worst by far.

>>30116650
BHS might be on sale today if silver keeps dumping.

>>30119241
you too fren

>>30119603
comfy

>>30119603
>Central is the fucking worst by far
Bakerloo line says hi

https://stockhouse.com/news/press-releases/2021/03/03/drone-delivery-canada-announces-update-on-successful-condor-testing

>people still deny the drone deliver future

>>30120330
Bakerloo at least has the classic look going for it. Central just has sweaty tourists on overcrowded trains that almost rival Toyko.

>>30114734
AAPL, TSLA, and AMZN all appear to be breaking down while the S&P holds flat.

>>30120426
I sold a small stack a month ago because I had no faith. You think they're gonna fly some time soon?

>>30114321
Why is London's subway so clean and bright and New York's is like a zombie apocalypse?

>>30119603
>Central is the fucking worst by far.
It's fast, though. The Northern Line aka the Misery Line really takes the biscuit.
>>30120139
Hammersmith & City hands down have the best trains

>>30118277
Wat

>>30120639
non-speculative stocks that are overvalued.

>>30121062
People aren't really allowed to live in tube trains like they seem to do in New York. Although you do always get a stinking tramp coming through the carriages asking for money.

>S&P will re-test the trend
Not to scare the comfy crew, but.. just saying

>>30120800
Drone companies in general are probably going to start becoming more and more important. The utility of drones is still mostly unrealised until we reach the true cyberpunk future of drones monitoring everything.

Morning frens. When is GEVO going to pump so I can get rid of it?

>>30121784
Did some reading on them and it definitely seems like they're on a steady track. Doesn't seem to be any major competitors at least in Canada.

Just applied for margin on Fidelity and they activated it (just to avoid waiting for bank transfers to settle) and now my cost basis isn't displaying for 1 business day. And I can't buy anything despite them saying margin was added and having $5k in cash sitting there. $0 margin buying power and $0 non-margin. Is this just what boomer brokerages do the day an account is converted to margin?

>>30121297
I guess he means medium-short term (6 months)
I also believe tech will at most stagnate, because big players are rotating everything from tech to oil and friends.
It's a shame, because that means I jumped on the TQQQ wagon on almost the exact top for now.

I'm not willing to buy into this "commodity supercycle" BS, but I have absolutely no idea which sector will trend like Tech and EV did 2020H2.

>>30121964
As an owner of a shitton of GEVO, I hope some good PR is coming out in the next few months.
I thought I hedged with Cielo and REGI, but neither were good for me.
Maybe biodiesel is not the play right now.

>>30123183
I know with TDA it took 1 business day to be able to actually trade after applying, IIRC.

>>30123551
Thanks fren. Annoying that it basically nuked my account for buying today but oh well.

>>30115972

What? It's all retracting. If you want to throw money at booming stock just be sure you think its p/e value is justified in the long term. If not, that upswing will just turn into more downsnwing. And no, I don't think p/e is a useless metric. For example, for Tesla to have a justified p/e of 1000 at current revenues, it would need to absolutely destroy all other car makers (who are all going into EV now) and basically monopolize the world market. I don't think that will happen, so I don't buy Tesla.

>>30120639

Even Amazon right now is a bet on earnings doubling twice over for a p/e ratio of 70 now to about 20 in the future. It might still be a good buy if you had some logic as to why it could shave off its massive revenue costs.

>>30123311
>I guess he means medium-short term
Yeah fair enough
Tech is less of a trend and more like the only real driver of growth since 1950 but God damn if it doesn't hurt holding TQQQ when QQQ would have made more

hahaha stay away from this dumbasses, i will never follow your shitty links, don’t even try! my pajeet slaves will fuck you to death
i actually don’t give a fuck, i already put money in PHR tokens and just wait for graphene distribution

>>30123914
i'm still green, especially today, i have shares in one company that has bled a little but nothing that's really managed to dig into everything else going up in my folio; UUUU has been doing god's work

>>30124039
Was there any catalyst for UUUU? How do you think it will perform around earnings?

Today is Suncor's last chance to prove to me it doesn't just pump at open then fizzle the rest of the day. I want to believe.

Real talk, do you guys really think that were heading into a down trend?

By the way guys, I want to shill Norilsk Nickel to you all as a long term hold (10 years). It has significant risks (and is a pretty soulless company) but the upside is huge and imo in stocks your first responsibility is to yourself as you don't invest in companies directly and your money is very vulnerable.

Over the next decade, nickel prices are expected to double: https://knoema.com/ydolvrc/nickel-prices-forecast-long-term-2018-to-2030-data-and-charts

Within just the European Union, nickel demand is expected to rise by 4000%: https://www.mining.com/nickel-demand-for-evs-expected-to-shoot-up-in-the-next-20-years/

Why is this? Well, nickel is essential for the production of EVs. Big names like Volkswagen now explicitly claim to want to change all their cars to an electric model to compete with Tesla. If true, a real electric revolution is upon us.

Norilsk Nickel is the only nickel miner that I could find that has both a p/e of 15!!! and year over year revenue and earnings increase. In a decade, that will only accelerate.

What are the risks? Well, it's a Russian company, it has to pay billions in fines for massive pollution, and it's owned by another Aluminum company that sees it as a cash cow for its debt. The 'EV revolution' may also not materialize as forecast. However, I personally believe that the EU needs nickel too much to stop buying NNs cheap nickel. It is also in the interest of the russian state to keep NN on track as nickel is about to become a big, big commodity. Next year earnings will be flat because of the massive environmental fine. But you should hold this thing for 10 years.

Further research: looking at how much new nickel NN can produce. Even the doubled nickel price justifies this company imo but the real gains are in production.

>>30124530
Certainly a possibility. I think people need to remind themselves that we're literally at all time highs in history and that contrary to the meme, stocks can go down and don't always go up.

>>30124530
NOT IF I HAVE ANYTHING TO SAY ABOUT IT
https://www.youtube.com/watch?v=O1hCLBTD5RM

>>30124530

Yes, p/e's are so high now that the Corona recovery would have to see earnings double for them to be justified. They are at a 1929 level, they were only higher during the dotcom bubble

>>30124530
NQ is already in it and ES is ~1% away from it, so yes

>>30124631

>>30124039

UUUU? Why not just buy Kazatomprom?

>>30124839
>still using relative multiples as an absolute valuation

>thingken of pic related
I'm really close to just selling everything and putting it in MO or some other safe haven.

>>30124956

p/e is very high but it may ultimately be less risky, I'll look into it

>>30125037

It's simply true that p/e ratios this high have historically indicated a bubble. That hasn't changed.

>>30125031
the laziest answer i can give you is that it's because i'm not investing in Kazakhstan, i'm looking at uranium & rare earths within the US and EU

>>30124530
I'm looking at the VIX right now and trying to decide if we might have a panic on our hands.

Fucking Google won't let me plot it alongside the Indexes.

>>30124631
I unironically hold a shitton of Norilsk. But i am way more comfy with Glencore.

Good scalps.
I recovered all my losses from yesterday +500.

This probably gonna be one of those days where I sell 1/10th of the way into the black swan but whatever. Hodling fucked me yesterday.

>>30125461
try yahoo, or finviz

>>30114321
Check

>>30125381
We might just be in a genuine bear market without a blast off top.

>>30125768
Very true. I used the word bubble too quickly.
>>30125601
But Glencore had a revenue decrease in 2019, why was that? Vale-anon seems like he had the better suggestion.
>>30125384
Fair enough

>>30125768
This is my current theory too. The 2000s dotcom pop was a small drop followed by 9 months of bear market. We might unironically be in that territory right now.

Keep in mind that if this is just September 2.0, TQQQ will drop back to $80, and then grow way back over 4 months to new ATHs.

I'm absolutely on the edge of rotating my TQQQ into GUSH,

I actually made my strangle put heavy by accident.
I tried buying 10 calls and accidently bought 10 puts and just rolled with the 2/1 ratio.

You guys accidently ever fuck yourself though? >Back when I was a wagecuck
>Watching the market top
>calls were all ITM
>lunch rush comes
>quickly open thinkorswin app and sell
>lunch rush over
>look at phone
>I had doubled down on my position
>Market had sold off 0.7%
And the wagecucking continues...

I also crashed my boss' box truck into a bridge trading gold on my phone.

>>30125928
2019 was mainly because the production curb in copper and cobalt mines in africa. I am quite comfy with the new ceo, too.

>>30125988
>was a small drop followed by 9 months of bear market
For tech, if that happened today it would be insane. I don't think a lot of people understand that NQ didn't reach a new all time high until late 2016, so it took roughly 16 years for it to recover the dotcom crash. If that happened today, NQ would drop to around 2-3k and stay in the 2-9k range for over a decade. TQQQ would literally look like SQQQ if that happened, if not worse

Me watching 88 Energy making me a millionaire

>>30125988
>September 2.0
That's my thinking.
Straight FEAR FEAR FEAR since the GME thing but underlying values haven't changed and there's fewer reasons to be unsure about the recovery.

>>30126457
I'm pretty sure we are not THAT tech heavy currently. Also most of those companies were actually pennystock-level junk. Current QQQ leaders are very very solid, but their P/E is a bit out of whack.

>>30126457

I doubt that will happen. Tesla just turned profitable and we're on the verge of some huge structural changes in solar energy, electric vehicles etc. Okay SPCE was bullshit and Tesla is completely bloated but can we really expect mass bankrupcies like in 2000?

>>30126457
The only way I can see NQ avoiding a bear market (because of how many useless post-pandemic companies are built into the price) is if EVs and Robotics can expand at breakneck speed. Think smartphones after the iPhone.

>>30126594
>there's fewer reasons to be unsure about the recovery.
This is a problem for tech though, because a lot of money is currently concentrated in tech, and that will diffuse out to recovery stocks.

I think growth goes down 1/7th from here on average. Yields will trigger a sell off this month. But, we will have 3% rally days too. March is gonna be a tough month and I think risk off or avoiding fomo down and up on the volatility will be key

>>30126457
>>30126607
99 was a problem because it was premature, MSFT could not actually create all that value.
The top few tech cos are legitimately worth trillions of dollars now. This is the greatest accumulation phase ever.
Leverage could still get wrecked. Leverage cares if you're off by a few years.

I refuse to believe people are dumb enough to buy the dip right now

>>30126646
The big tech players won't go bankrupt. But it's easy to envision that their speculative valuation could correct downwards this year.

>>30126676
Some of it will, but let's be real, when did you make money on recovery stocks? For me it was October/Nov.
Recovery benefits from rapid short sector rotations but tech is where the only real growth is, it's not 1950 any more.

I'm gonna give them the benefit of the doubt and pretend like they just haven't adjusted their algos yet.

>>30126646
Isn't Telsa only profitable because of selling credits or some shit or is that a fud meme?

>>30126779
Yeah, tech is easy hold at 1x leverage for 10 years even at this pe. But most have 2x leverage. I'm a 5xer normally but closer to 1x right now. There is too high of a chance of boomers and lagos selling off from yields and rotation. Really risky time for leverage if trying too hard. I got no feel for things hence dumping risk to protect account. Survival is always #1 investing key and fomo here on this volatility is a killer

>>30127102

I strongly doubt that would drive revenue up 50%. Do you have a link for that claim? But like I said up above, I'm still not buying tesla because it would have to monopolize the global car market for valuations to be justified.

>>30126860
Yes, but have to play a market dominated by boomers. All the wealth is boomer wealth. The big players are old. Have to play the dumb game for exponential share accumulation and imagine these garbage sectors and companies arent being lapped. Not to mention half of tech is fraud shit.

>>30126594
Recovery already price in since June. Everything since then was because TINA (there is no alternative).
AAPL hit 1 trillion in 2019. First company ever I believe. Then 2 trillion in 2020 like it was nothing despite really not changing that much. In fact so many of these companies are trading at 30x what they're worth.
Which its like, how the fuck are these companies ever gonna be 30x bigger without hitting against antitrust laws?

>>30126779
>>30127149
I don't do "actual" leverage for this reason, but daily leveraged ETFs. They only have a problem if we have a multi year high beta crab market, and I'm pretty sure that won't happen. Other than that, if the underlying takes 1 year to recover, so will the leveraged (minus costs and some slippage).

>>30127102
That's fucking FUD. They have plenty of margin on their cars without carbon credits or tax cuts. It's only that they build factories from that additional margin.
The valuation is absolutely insane tho.

>>30126607
>>30126646
That's what I'm saying, if NQ actually dropped that much now it would be absolutely insane because NQ now is not really comparable to what it was back then, and going back down to the 2007 highs would mean something is clearly extremely broken

Any reason to hold on to OCGN after their pump today?

CLF just went green

>>30127102
Also selling calls against your stock holdings.

Feeling very /comfy/ right now, boys.

>>30127257
>I'm still not buying tesla because it would have to monopolize the global car market for valuations to be justified.
Same but also because I fundamentally think Elon Musk is committing financial crimes and any day he will be arrested and the stock will tank 70% overnight since people are sideways investing on some tacit pipedream that Elon will make all these game-changing technologies and practice vertical integration.

still try to get income with this erc gas?
what a retard, use BSC platforms, hold SWG and receive rewards every day

>stop wasting your time with shitcoins

>>30127468
They got 2x valuation in 2020, because the time frame ha gone far into the future because of low rates and zero effective inflation.
Present value of perpetuity and whatnot.

>>30127714
>didn't sell at open
I mean congrats but damn I would've locked profits immediately.
How the fuck do you guys turn your brain off like this?

>>30127589
Part of growth is a bubble and will zero like nkla, wkhs, far imo. Even tsla and btc will pull back probably.

Some is expensive to normal and probably just drops a bit in pe but works long-term. A lot is high quality and won't pop hard.

>>30127714

Holy shit, how'd you swing that?

>>30127717
Yeah he's been up to some weird shit. How is it okay for him to influence normies into wasting their savings on dogecoin?

>>30127714
>>30127908
>>30127969
That's not him it's just an image from google

>>30127908

All my holds are 3-5 year holds at low valuations on upswing so I don't care about pullbacks. I'm only fucked if we have a new Depression because a couple of my companies aren't that essential to consumers

X3 FOR A MONTH, THAT’S SHOULD BE FOR PEARL ENQ

>these faggotsidiots can’t understand it and still try to mine their trash shitcoins
>I am not a dumb who believes in this rubbish
>multiminer that is future for everyone

>>30127969
There was also that time he tweeted that he was gonna take Tesla private when the stock hits 420. He almost got removed as CEO for that.
He does obvious pump and dump type shit too. Like how he announced his company's stock split for the same day as AAPL and then his brother and a couple insiders dumped millions in shares at the September top. Or how any time the price hits a support he announces some vaporware.
That BTC purchase was announced the same day news came out about Tesla warranties in China.

bear market for 10 years starting today

Back with my TA
>Indexes are recovering
>Bond yield is falling
>VIX is falling

Shit. I should have bought the dip.

>>30127149
>>30127293
Thanks really helpful stuff.
I balance my volatility risk by selling options, then I make some income off high vola at least.
I keep trying to time rotation plays but it isn't easy, and I know I shouldn't pursue that strategy until I'm comfortable with my win rate.
>>30127468
>>30127577
>how the fuck are these companies ever gonna be 30x bigger
I really don't get the big fuss over tech earnings.
You're comparing TSLA a company that will be mass producing robot chauffeurs to F a company that makes cars.
Even if F fixed it's shit you're still buying a whole legacy car company like a tumor attached to the side of an EV startup.
AAPL just raised cash and we all know they can't do acquisitions with it so why are the holding dollars? Because they have r&d plans. Cars or robots or something, I don't care, I just know they have plans.
I feel like a year without tech shows has made us all forget how stupidly fast everything is moving in terms of tech development.

>>30128450

Okay but even with big r&d plans 2X is much more probable than 30X, surely

>>30128450
>that will be mass producing robot chauffeurs
Other companies are much further along into stuff like that than Tesla. You just like the name.

>>30128450
>a company that makes cars.
And soon, robot chauffeurs

Powered by Google

>>30128450
everbody is more into tech than ever because of chinavirus, if anything it shows how many businesses are actually zombies kept on life support by boomers whos thinking is 20 years behind, and how much value is artificially supressed by (((hedge funds))) to keep their scams in place

>>30128398
Shall I fomo into TQQQ?

>>30128450

For clarity, I think 10X or even 20X is possible for Tesla in terms of Revenue (20X would mean double the size of Volkswagen) but that's a long shot already and then it would still be valued very high

>>30125381
>historically
There's no historical example with QE like it has been for the past decade unless you count stuff like Zimbabwe lol. You can't just throw 1980s style fundamental analysis at P/E ratios and ignore this.

>>30114699
>notting hill

>>30128398
>Bond yield is falling
I wouldn't saw we're outta the woods yet
Wait until afternoon power hour if you wanna see if the big guys are done. I don't trust it, since I feel like the upward movement is all just permabulls not knowing how to fight habit.

>>30128450
>I feel like a year without tech shows has made us all forget how stupidly fast everything is moving in terms of tech development.
This is absolutely true.
You are a bit too starry eyed about self driving cars. I work near AI, and it's absolutely not happening anytime soon.
We will have great gradual improvements like automated trucks on highways, with platooning to reduce air resistance. Or the fact that TSLA managed to make a car that doesn't kill its LiIon batteries in 3 years is also a small miracle.

>>30128724
I did a week ago. Do you want to be like me?

>>30128714
Tech adoption is mainly held back by boomers. They stay in every top gov/etc position they can while going senile. It's a huge waste

>>30128985
Gpt3 breakthrough. There is no timetable. It's when someone solves it and waymo is doing well already with commercially viable product

>>30129028
could you imagine if tech literate younger individuals entered those positions? we'd probably have flying cars within the decade

How do I reconcile being a TSLA bear and also having pre-ordered my $70k Cybertruck?
I think my lot number is really high up too. In the 4 digits.

>>30129028
Although now some young people are holding it back because muh globalism and muh jerbs.

>>30128944
I'm more concerned about the potential for a crash, rather than the catalyst of subsequent dips.

VIX vs Index is the important thing.

>>30128574
>>30128736
Between inflation and being the only growth drivers left in a post-post-industrial economy, why not?
It all seems arbitrary, 20x? 30x? Until you look at inflation and past performance of growth drivers. There is no upper bound.
>>30128578
>>30128649
Show me the video of people fucking in a self driving Ford, I'll wait

>>30129165
Nah, but it's an eternal problem to push adoption. Like Japan and fax machine/paper. Example, accountant quit and formed own firm just adopting paperless and began eating lunch of old company getting all their old business at lower rates.

The two biggest things needed in usa are good tech adoption in gov and healthcare

$CLF

Consensus EPS for 2021 is $2.62. Using a multiple of 8 yields a PT of approximately $21. This estimate assumes (1) no commodities super-cycle, (2) no massive ($2 trillion) infrastructure package, and (3) no quarterly earnings beats. Therefore, factoring in that one or more of these 3 conditions have a reasonable chance of happening, IMO yields a PT in the range of 25-$30.

>>30128985
>too starry eyed
Thanks this is valid criticism
I make up for this using only 3x leverage ETFs.
I would do more but I don't trust myself to deleverage in time.
I also sell calls on memestocks so vola is my friend as wells as foe.

>>30129265
Yes the young people who hardly vote and have 5% of wealth a far less proportion than boomers at same ages.

>>30125601
>Glencore
currently looking into it and I'm intrigued although I can't say if I want to buy something before this month is over

current portfolio breakdown:
- 67% boomer-like stonks
- 20% income/divy ETFs
- 5% cash
- 4% memes/spacs
- 3% cannabis
- 1% puts

>>30121150
>The Northern Line aka the Misery Line really takes the biscuit.

Its just a straight line and the lights actually work inside. Theres nothing wrong with it

what does a comfy portfolio look like /cmg/?

>>30129388
Who is talking about Ford tho? Plenty of companies are actually publicly doing robotaxis, as far as I'm aware Musk just made some vague vaporware promises like he always does. We were supposed to have full self-driving TSLAs by 2018 according to him .

>>30129158
Nah. GPT is a dead end. It's like those LISP stuff back in the 70s, where everyone thought we are at the brink of true AI. Did not happen.
There are some very specific problems we haven't solved with current neural network based stuff, and we have no idea what to do about them. These will become limiting factors.

>waymo
As long as their tech doesn't work in cities with at least 4 9s accuracy, that will never be in mass production. And going from 90% to 99.99% is not simply hard, it can be impossible with their current approach.

>>30128846

It's not been proven that QE leads to (consumer price) inflation yet. So everything in the stock market might just collapse as soon as the Fed stops stimulating the economy.

>>30129167

Pretty cool in a cyberpunk sort of way

>>30129515
Swiss companies are always based. Just do your own DD.

>>30129528
based

>>30129580
Im familiar and progress is going better than I expected. I'm really optimistic on automation. Also investment wise it's not like Autonomy in under 5 years is priced in.

Yikes, SPACs in general are just all down. Is it the end of the wave behind them?

>>30129575
>Plenty of companies are actually publicly doing robotaxis
Name one other company for self driving cars with videos of people fucking in them on PH right now.

>>30129662
I currently do and I sure like their online presence and the font used for their logo

>>30129791
I cannot say but pick up ACEV while it's trading low

>>30129791
You just realized there's a firesale disconnected from each SPAC's actual fundamentals and instead of getting a raging buy-boner, you're scared?

>>30129165
boomers in power made sure theyre brainwashed so they dont threaten they and their crackhead childrens power, source: my ass

>>30129825
https://www.youtube.com/results?search_query=robotaxi

Apparently Amazon even has one.

doubled my workhorse position. no, i dont have a good reason for it. i am a slave to my training. buy the dip

>>30130092
Amazon has a space program too, technically.
SPCE is doing better than them.

>>30130107
any chance that pos turns itself around? it's really been dragging me down lately

>>30130205
maybe long term. no idea really. i just love the horse. I do know they “met” with congress or something yesterday

My bitcoin is down 25%, but mochimo is up 100% already :)))

https://www.youtube.com/watch?v=Esn0QZmD77A

Comments on based boomer advice?

>>30130205
>>30130284
sorry, theyre meeting today actually

>>30130092
Where is the video?
I unzipped for nothing.

>>30129900
For me its a nice longterm comfy hold. I hold them since the 2010s. Its not a dividend stock but the biggest swiss company and will never go out of style.

>>30130599
i miss the days when you had to check the newspaper the next day to see how you lil stock doin. Or so i've heard...
We might unironically be in New Paradigm with social media/algos/instant quotes now.

But yeah about the video, doomers are never right and when shit does hit the fan they're no better off with their speculative investments. That's why bitcoin is retarded. We're gonna end up hyperdeflating somehow and they be like
>oh no my digital gold!!!
Just sell the top and don't be like 2011 goldbugs.

What happened, anons?

>>30126250
That’s the most retarded post I‘ve ever read, Anon. Blame it on me being a newfag, but you should not buy anything. How can accidentally press the wrong button?

https://www.sparkcognition.com/government-systems/

this is probably PIPP

https://www.youtube.com/watch?v=vC8paIPH2xY

it looks way too onions

>>30130999
checked, and bonds

>>30131065
What caused the initial pump on PIPP. I swear I've seen 10 different rumors for it.

>>30130999
Line goes down when people sell.

>>30131181
look at the people man... if you believe america is corrupt then this is free money. literally the deepstate spac

>>30131081
Things like that will never be able to catch on and be profitable in burgerland though because of diversity, it's just like how all those stupid scooters they started putting in cities all got trashed and stolen

>>30131270
Just keep em in college towns.

>>30131081

Consoomers will eat it up

>>30130976

>when shit does hit the fan they're no better off with their speculative investments.

Yeah and when you're always freaking out about something you have a bid mindset for investing. At some point you have to accept that the chips will fall where they may and have peace with that.

>>30131044
Lack of sleep and I'm not a newfag I'm a scalper jeeeeeez. Its all about the zoom. You gotta buy the middle of the opening range in the first 5 minutes our ur fucked.

>>30131629
Oh never mind I read your post wrong you weren't calling me a newfag.

>>30131195
Isn’t it a common misconception, „line goes down when people sell“. Isn’t it more like people are selling and buying all the time? It’s called exchange for a reason. „Line goes down“ would mean that people just want to buy and sell at lower prices due to a majority of market participants expectations.

>>30131789
When more people are trying to buy/sell, the line goes up/down.

>>30129165
Hardly, you'd have them bitching endlessly over forcing everything to be ported over to Python or Rust, what distro of Linux (or Macs) to use, which git branch names are problematic, and so on.
There's a lot that's negative to say about Boomer (they have destroyed the economy twice in the last two decades to save their own hides, after all) but they force Millennials and Zoom Zooms to stop bikeshedding and actually get work done.

>>30131789
No
Line go down when sellers say fuck it and meet the bid.
Line go up when buyers say fuck it and meet the ask.

I like Pete Najarian better than John

Already bough the dip last week. Wont buy more till i see us go lower. Hold day. Cheers lads

>>30130016
>SPAC
>fundamentals
Which one is fundamentally undervalued in your opinion?

>>30132126
PIPP and ACEV

I feel so stupid. I literally bought into ARK at the ATH and I'm watching constant red days bleed me dry

>>30130205
>>30130670
I would be EXTREMELY surprised if WKHS was successful in anything. No wonder Steve Burns left.

>>30126529
Give me the run down on this? I looked their website up - not much to go on

>>30132126
CCX
Not that you deserve a serious answer
Of course SPACs have fundamentals, they are just companies you old fart

>>30131181
>>30131254
Nah. PIPP will be a slush fund SPAC. You cannot out-corrupt politicians. They have way more experience.

>>30132077
I keep passing on the chance to unfuck my cost basis per share on plenty of shit.

I just don't want to run out of cash by buying overpriced shares right before a decent dip.

>>30132182
PIPP is a retarded meme.
ACEV is very risky, and I might as well just buy SOXL.

>>30132259
Last year there were actual undervalued SPACs, where the merging company's valuation was way less than the SPAC price. Those were absolutely worthy of buying into.
Now this does not seem to happen anymore, since SPACs are too mainstream.
So, is CCX undervalued? And I'm not asking for the "Is it going to pump further up?".

>>30132195
Don't beat yourself up too much. Nobody has been able to give an accurate date for the TSLA bubble pop.

>>30132488
I have some April TSLA puts, and waiting for the ARKpocalypse that Burry foretold.
I'm hoping it will fall back compared to other QQQ constituents so the March rebalance will fucking kill the price.

Imagine passive Nasdaq ETFs buying the TSLA top and selling the dip. Bonkers.

more like /bmg/ BORING MARKET GENERAL

>>30114466
This made me laugh out loud

oh my it's staked, I forgot, I'm done for lmao
good I didn’t go for this rubbish they tried to scam on /biz/ today
my portfolio with yvs and their staking system. top pearl on yield market with contemporary terms

>>30132488
>tfw i called the last two big 11%+ drops
>didn't play them because of the IVs
feels bad

>>30132487
>undervalued means I can arbitrage an irrational discount
No it doesn't kek
It means future cash flows aren't properly priced in yet
CCX is trading at NAV as if it's just a pile of treasury bonds when it is in fact an attractive growth opportunity in my opinion.
"Being a SPAC" is an irrelevant moniker. You can invest in a VC pre-merger, that involves fundamental metrics just like buying any publicly traded investment firm. You can invest in a company after a merger is found, that involves fundamentals of the underlying company.
SPAC isn't a sector, that's like calling IPOs a sector. There are tech IPOs, retail IPOs, commodity IPOs, and so on

>>30132653
adding TSLA to the S&P was retarded and I have no idea why they did it after they said they weren't gonna do it.

>>30132812
>arbitrage an irrational discount
>future cash flows aren't properly priced in yet
These mean the same thing, bro.

In fact, all stock trades are just arbitraging against future prices based on better information.

>>30132868
Bribes from Elon.
Threats from zoomers/Pelosi.

I heard that cryptokiddos can only cash out like a few thousand dollars at a time, is that true?
Isn't that a setup for a giant black swan?

>Senate Democrats have reportedly reached a deal for faster phase out of relief checks—and Biden has reportedly signed off on it.
>If that is what they ultimately do, it means fewer people will get checks under Biden than got them under Trump.
Vote for Biden to get stim checks guys, am I right?

>>30133292
>fewer people getting checks is worse than no checks at all
the problem was always sending checks to people making $75k a year. They don't benefit from $600 and just end up saving it, defeating the whole point of the "stimulus"

>>30133292
How all the idiots who supposedly voted for him didn't see this coming is beyond me, but maybe I still have too much faith in people when it should be none

>>30133292
Adult dependents are getting checks this time aren't they?
Its literal NEETbux.

>>30133073
>Cashing out

>>30133366
I don't understand why they can't just send out prepaid visas instead of checks so you're forced to spend. Prepaid visa that don't work with e-commerce.

But people would shout "nanny state" and "they're takin ur freedumb!" i suppose..

>>30132978
I realized after I posted I wasn't clear, sorry.
No, I mean you're only talking about one kind of discount, people avoiding a good company because it happens to be a SPAC.
>where the merging company's valuation was way less than the SPAC price
I'm saying there are also times when the merging company is just a good buy.
You're basically saying there can never be another DKNG and I think that's too stupid to merit argument.
There are a hundred undervalued SPACs right now because we're in the middle of a risk-off and people think SPACs are risky merely for being SPACs. That's a category-wide firesale as far as I'm concerned.

>>30133788
They actually did that with the last round in some parts of the country. In keeping with how the government always does things, the system was set up by the lowest bidder and the website crashed repeatedly as you tried to register your card.
In the end you can still transfer the balance to your bank anyways. I suppose they wanted to make it a little harder to do that, which they succeeded in.

>>30132126
currently looking at ALUS for a short-term play

>>30132487
>ACEV is very risky, and I might as well just buy SOXL.
not necessarily. search the archive for "Achronix" for more information

Wait did this dude call a $10.70 SPAC as risky as SOXL?

>>30134086
I've done some research around Achronix, and I don't really believe in their business model. An FPGA IP core is just not that interesting, and the use-cases they list for it are BS.
They are lucky to have Intel as a customer, and that can change when Intel finally just stops caring about putting FPGA components into server chips.

>ALUS
Now this one actually looks cool. I'll have to see some reviews about Freyr batteries, but at NAV it's a no-brainer.

>>30114321
oh the wagie horrors of the central line, I do not miss this.

>>30134416
>>30134086
Yeah, nevermind, it looks like a scam now, and I'm not planning to do 1-3 week swing plays.

>trying to buy CRBP April 4c calls
>not enough liquidity in the market for my orders to get filled
Small cap bioshits, everyone.

>when there are twenty people in a zoom meeting but the pop out menu makes you think you're only 1 of 6
>social anxiety triggers
>quickly close window
>send email
>"Computer Troubles"

>>30132350
buy in chunks. time in the market beats timing the market

>>30135204
>33 posts by this ID
>speaks in memes like a fucking retard
>social anxiety and obvious autism
4chan is not your safe space you fucking piece of shit.
Go back to whatever tranny discord you came from and kill yourself.
I'm tired of waiting for you fucking trash to leave.

>>30135787
you will never be a woman.

>>30134638
>nevermind, it looks like a scam now
You mean ACEV looks like a scam now?

>>30136044
he clearly meant alus

>>30136044
No, ALUS. It's an absolute investor bait. It may materialize, but it's extremely sketchy.

ACEV looks solid, but they didn't manage to diversify their clientelle for years, so I'm not sure it will grow at all.

>>30135204
>zoom
>social anxiety
Get help. Seriously.

>>30135787
>4chan is not your safe space

>>30136212
>>zoom
>>social anxiety
>Get help. Seriously.
Day trading for a year without leaving your apartment is a fucking trip.

>>30116650

I may pick up more walmart soon as it seems to be cooling off from recent highs

It's historically one of the more solid consumer defensives that can weather recessions. If shit drags out again this year and the market sells off it typically has lower declines than other equities

then, you'd sell off your walmart (even if it at a loss) and buy growth that gets thrashed if inflation takes off further (and it has imo via real estate and other expenses that each away at consumer income)

otherwise hodling

>>30136522
Just switch of your webcam and light a cigarette. Simple as. If asked, just answer in chat that your microphone is broken.
It will be like watching a twitch stream with non-retarded (maybe) chat.

>>30135863
Get the fuck out of my board you useless socially retarded fucking piece of shit.
You're one of those damaged kids who look for any pathetic excuse to feel better about themselves and their fucking shit life, well guess what, nobody fucking cares about you and this is not your safe space.
Kill yourself you broken faggot, you can't even talk to people through a fucking computer screen what kind of useless person are you.

You created your pathetic autist circus here in cmg threads but you are just hijacking the discussion everyday with your retarded posts and I'm tired of waiting for trash like you to leave, now I will keep reminding you that suicide is your only option until you finally crawl back to whatever zoomer shithole you came from.

>>30136907
I'm genuinely great at in-person social interaction. Its the internet stuff that I don't like.

Nice lolis

>>30114321
hello frens, enjoy this rare pepe, free to collect for your comfy day. May the stock market bring you joy.

>>30136907
Hi sperg.

>mfw I actually want to buy AQB because their business model makes sense
When does ARK finally implode from outflows? That will absolutely crash the price and will be my entry point.

>>30129528
>67% boomer-like stonks
>20% income/divy ETFs
So basically 87% boomer portfolio.
>only 3% cannabis + memes
>has SPACs at all on his portfolio
>his shorts/ hedges are 1% of his portfolio, not even sure if thats a broad market hedge or some meme short attack

3/10 see me after class

>>30137352
>>his shorts/ hedges are 1% of his portfolio, not even sure if thats a broad market hedge or some meme short attack
To clarify what i mean, I advocate for a 3-5% allocation anyones portfolio if its large enough to SPX far OTM LEAPS puts. So think of 2022 or 2023 SPX puts for 2500 strike or lower.

>>30114321
look at that british fuck

>>30137059
Holy shit you're even lying to yourself.
Keep your shit threads kid, you'll get bored or suicide eventually, I can wait.

Can't wait for BUZZ.

>>30125381
It's simply true that companies are valued based on the risk-free rate, which is the US 10Y treasury yield. With the yield constantly this low, higher valuations are easily justified.
This gets even more true when you consider just how much liquidity there is in the market.

>>30125768
>>30125988
The treasury rate in 2000 was 6%. In the last 10 years we haven't even seen half of that.

I agree that inflation will probably rise in the near-term and the yield will go up slightly -- though if it moves too much, JPow might just start buying the 10y to keep the yield low.
Inflation will hurt high multiple tech stocks with no earnings, but big tech will be just fine since they are basically oligopolies at this point.

>>30136907

>>30137508
If the condition were people are unsociable in person, but sociable online exists is it not conceivable for the opposite to be true? Wanna meet up homie?

>>30137425
I have some of dem fat puts, but I never know when to cash out, so all they do is lower my max drawdown for a ton of theta and sitting cash.

>>30137630
God, her face did more mugging than Rodney Dangerfield.

>>30137323

Yeah but I'm suspicious about how management managed to fuck up this opportunity for 20 years

>>30137352
>>30137425
in my defense it's just 1 spac, really
and its more monthlies that are rotated out
what's wrong with my focus on value and longevity? i don't need the money anytime soon and they're doing various levels of alright with 0 thought

>>30137711
I guess they were developing their technology? Or safety testing the mutant fish so they cannot go through the electrified fence?

I've looked at GlassDoor reviews, and linkedin, and they seem like good people.

>>30137698
>but I never know when to cash out, so all they do is lower my max drawdown for a ton of theta and sitting cash.
I guess for reference if you use the hedging strategy i detailed, then weeks like last week or the week before would have been IDEAL for cashing out on SPX puts, considering all the indices took a nice little dump.

>>30137605

Fair point, but the thing is, the stock market immediately crumbles when the yield goes up even a little bit. That's still 'bubbly'. Valuations are justified until they suddenly aren't and then people panic. The only real valuation you have is dividend flow. iI nobody drives up the shares of a fantastic company dividends can theoretically reach 100% of the share price, so it makes sense that there is a risk/reward balance there. The higher a company is valued, the less likely your return will be, the more fragile a stock gets.

>>30137841
>what's wrong with my focus on value
Nothing wrong with longevity I was honestly just messing with you. But what do you mean focus on "value"? I imagine boomer stocks are not really value plays but ofc the definition of "boomer stocks" is clearly subjective

How do you handle the wild ride of cheap shit vs boomer gains?
It's starting to get a bit uncomfy watching the line move so fast with penny stocks. Divvy ETF's are always green but predictable...

>>30138063
Yeah, but it wasn't the bottom. I maybe should have taken profit, but my folio is smol, and I didn't want to sell 1 out of 3 puts.
Yet.

>>30137226
>>30137630
>>30137645
You deserve each other, I'm completely sure you'll be dead before next year.
You successfully turned 4chan into reddit2.0 but you'll never get rid of people like me.
Stay retarded like the trash you are.

>>30138267
cringe king

>>30138196
>Yeah, but it wasn't the bottom.
Well if you sold on high volatility red days like last week you would have harvested asymmetrical returns from that premium on the puts! Also I highly recommend every single person in this thread buys those <2500 strike SPX puts whenever VIX drops below 20 so you know you are getting nice cheap SPX puts which have potential to harvest tons of premium on red weeks.
>>30138267
What array of mental illnesses do you have?

>>30138267
>You successfully turned 4chan into reddit2.0
Wtf are you talking about. He's being a cringe autist, but you are also a sperglord. This is standard 4chan.

>>30138392
You're the fucking retard who said people who buy iPhones are out there doing drugs and having sex.
If you think I have a mental illness that means I'm on the right path.

>>30138361
>more meme buzzwords
Terminate your life, nigger.

>>30138484
>You're the fucking retard who said people who buy iPhones are out there doing drugs and having sex.
Holy shit kek, triggering Android-using school shooters is quite easy it seems.
>If you think I have a mental illness that means I'm on the right path.
People like you need to be sterilized.

quick, what SPACs do I buy tomorrow. not looking to hold more than 2 months

>>30138484
stay seething

>>30138267
Wut? What did I do?
Imma downvote your post.

>>30138452
Oh really?
Standard 4chan is wojak posting? Frog posting?
Are stuff like "kek" and "frens" standard 4chan words?
You fucking piece of shit newfags are so deep in your own assholes it's fucking unbelievable.
Fuck you.

>>30138583
>quick, what SPACs do I buy tomorrow
Jesus christ dude do you only buy stocks for a small rush of dopamine?

>>30114699
Except that notting hill sucks. Wouldn't live there even if it was for free. How much are you paying per month for a shitty single bed apartment again?

>>30138627
Edit: How do you downvote posts on this subreddit?

>>30138657
Everyone look, it is the Gatekeeper of 4chan culture. He will protect us from the newfags and redditors, and our virginity too.

>>30138663
no, but I'm already set with my portfolio and looking for some fun

>>30138796
>looking for some fun
In that case let me shill you a really......fun.......stock.
First of all to define "Fun" I think I know what you're looking for: a stock with high underlying beta which is volatile.

>>30120498
Bullshit. I have been on a Central line train every day from west to east London for 5 years straight. Not missing it but claiming that Baker's Loo is better than any other line is unironically false

>>30138575
You are a shitskin in one of the most racist countries in the world and you're eating their propaganda with a smile.

>>30138606
>seethe cope dilate have sex cringe LOOK MOM I POSTED IT AGAIN
Eat shit and die.

>>30138875
>You are a shitskin in one of the most racist countries in the world and you're eating their propaganda with a smile.
Seethe, cope, and dilate more. Tranny. Kek.

>>30120498
Also you have never been to Tokyo faggot, don't play pretend

>>30138719
Edit: You can't even edit posts on this subreddit!

Why do people even come here?

You don't even get karma for your posts, and there's like no way to see peoples accounts here either.

Man this place kind of sucks, but it's also kind of funny in a weird racist clown sort of way.

Y'kno?

>>30139017
Yeah hahah i love the racism on here and when we say nigger i notice i get the most karma/upvotes when i say nigger.

If you faggots aren't going to be comfy, excuse yourselves to /r9k/, lest you want me to step in. You wouldn't like that, would you?

>>30138941
You are too easy, pajeet.
We're still waiting for you to piss in your own mouth you retarded piece of shit.

>>30139151
Lol bro I will piss into my mouth for you......damn.....you remembered that.......means a lot.....

Jeez, indices didn't even test the swing before dumping again. Almost like they want a trend break

If there are any Christian brothers here I’m in a bad place in my life and in dire straights if anyone can help me you will be saving my life, hopefully someone sees this will know my struggle is very real, thank you brothers and sisters and God bless you all.

0x984382c2c22eDc389c0e5895A58d5e01d551D8D2

bc1qpqxzcq5ar9u4p6zkh3vzten2stl2uvn08sue6w

And I’m sorry I just don’t know where to turn anymore and you do seem like good people.

>C
What else is there to say?

>>30139781
what do these letters and numbers mean bro

>>30138130
for me it's just "i think this company is going to continue to exist and make money for a while but it's trading near lows for some reason that i don't agree with or think is overblown"
this simple criteria has netted some sideways/loser picks but they seem to be vastly outweighed by the winners (so far). granted i'm new to this and have only been doing it for 2 years or so...

>>30139835
tried telling people for MONTHS to buy C

>>30137982

smart. I'll do the same. There was some newsbit about shareholder defrauding though.

I guess it comes down to opportunity cost. I like the idea but are you truly willing to sit on this for years when you could spend your money elsewhere?

>>30139781
LMAO

>>30140280

Normally a value strategy far outweighs a growth strategy. http://www.lba.ca/perspective/the-illustrious-history-of-growth-through-value-investing/

I suppose that goes for a diversified strategy. If you pick the right growth stock, you hit the jackpot. I have the same strategy as you but I also need to see revenue growth.

Wow, i said earlier i wasnt planning on buying today, but everything is on sale

>>30140784
same to be honest

>acev simply will not stop dumping
time to load up on more december calls, I guess

>>30140784
Yeeeah, I think we're heading lower though

>>30141232
I was about to place an buy limit order at 10.38 USD when the support was broken through. let's see if it dips as low as 10.29 USD until Friday... I initially bought at 10.85, so it doesn't matter if the order gets filled or not but I'm still very bullish on ACEV

>>30140784
I want to buy but I don't have any settled cash. I'd have to sell something but it's all green.

Pepe must be researching about Mochimo.org

I am 5k away from moving out of my parent's house . I want 15k Savings/ No Debt and my job to be comfy , Yes I know I'm ngmi but its better than living at home @ 27

>>30141599

When will that be though?

Er. Futures looked okay, I’ve been taking some time away from the market. What the fuck have I missed, am I missing an obvious reason for the dump?

Think I might go back to taking some time away….

>>30114321
I watched a trailer for jumanji 2 in america and all the actors had lines except karen gillan <\3

> -2.25%
I think I should forget about my trading account and check it out in a few weeks.

12700 broken but it shot back up

>>30142024
Elon musk caused hysteria and Fudded in the same month , Zoomies and faggots sold, here we are

>>30142089
nevermind kek

>>30138657
Imagine being this invested in 4chan 'culture'

>>30141967
Based goal setting. I believe in you anon.

>>30142122
Think I’ll just go back to enjoying my time away.

>>30142167

You one of those people that browses 4chan while hating it?

>>30140296
Do you think it’s too late for me too hop on C?

>>30142299
Ty fren

>>30140592
makes sense

>>30141630
>let's see if it dips as low as 10.29 USD until Friday
well, I definitely haven't expected for this to happen that quick but I'm still very happy I bought another 70 shares

>>30142707
yeah I'm thinking of picking up 100 before EOD

>>30142823
I have also looked into ACIC because I was interested in them when it traded around 13 USD but I would rather invest in something that is an actual running business and not some make-believe fantasy with nothing but future outlooks and projections

Are you guys mostly red or green? My folio is about balanced out today

>>30142974
if you're into spacs check out cfac. I nabbed 200 shares just to see what happens

>>30143040
Today or From initial, pretty much everyone here is green today

>>30143040
would be blood green if I didn't get JUSTed by RUN getting downgraded

>>30143040
I would probably be balanced out if you exclude RKT correcting after yesterday's pump.

>>30143040
Deep deep red. Wondering if I should just put everything in an index fund and forget

>>30141997
NQ is already under critical support, S&P will be under it if 3800 breaks.. so I don't know, the dump might have just begun. Personally I'm buying at major support, which is roughly every 3-5%

>>30143353
wtf are you holding AVAX ?

>>30143418
this is a stock market thread anon

>>30143084
not necessarily into SPACs but I strongly believe in Achronix as a company, considering it seventeen (17) year of company history and growth. AONE might be something that will do well considering the outlook on industrial 3D printing but I haven't looked further than their investors presentation and board members of AONE. although both are looking promising so far, I can't say if I'm comfortable opening another position right now... considering I didn't intend to buy anything this month to wait and see

>>30143040
SU is the only green position in my portfolio but I'm not over 5% down although I mainly bought 1-2 weeks ago.

>>30143040
C is just narrowly getting beaten out by fucking VTI

I just don´t understand... GME seems to be the ultimate hedge when Nasdaq is down.

>>30143098

Today. My canadian solar took a big steaming 10% dump. Would've been fine if not for that.

>>30143040
Deep red, though honestly I had it coming since I was +8% and 9% on Monday and Tuesday, respectively.

sfm goin up a lot today, makes me happy

>>30143084
>>30143619
one thing I want to add before signing off for today is my personal view on why ACEV respectively Achronix isn't going to fail anytime soon
>>>/biz/thread/S29229904#p29230096

have a good time and don't forget to take breaks every now and then... see you around

well, <-1% on the indices was profit taking. so what the fuck caused today? 10 year yield shooting up again?

>get into stocks
>it's just a bag holding simulator

I think the Bitcoin black swans coming.

I don't know. . there's a certain whiff in the air...

>>30144001
yes but they already knew that would happen, hence yesterday's dump into close.

>>30129791
CFII merger on friday and I'm worried