/biz/ - Business & Finance

Is it over?

>>49750481
where is toolbelt anon? how is he feeling?

>>49750514
For now

>N
Everytime I see a big red N I can't help but grin.

*ahem*
Fuck juneteeth and fuck commodities

I haven't look at the stock market in a few days, surely everything is fine

>>49750514
yes, no, mabye.

>>49750514
For OIL? Yes.

green id and we melt up during power hour

steak and baked potato today
how bout you

>>49750481
Remember /smg/ The Market is closed Monday for Juneteeenth.

when will this fucker leave the market

>>49750481
im scared of monkey.pox :(

I hope you guys were hedged!

What's the best way to short real estate without buying puts?

>>49750537

red id and weekend crash

short Palantir

ANY FOREX BROS ON?

I want to start doing forex trading, since it doesnt hold retarded hours like stocks. Does anyone do this and can you recommend me good platform? I would prefer the cheapest fee/commission, but I'm open. thanks in advance.

>>49750553
Why is oil dumping so hard?

>>49750481
Based Bang's enjoyer

>>49750481
SELL SELL SELL

Will crabby take over for a few weeks?

It was a mistake to buy the dip in oil

>>49750568
quit have gay orgy sex with homeless black men anon

>>49750587
>i want to start forex trading
Don't youll ape even harder

>>49750481
Why’s it so fucking hot wtf

>>49750563
nigger.
i'm going to eat a whole fucking nigger.

Its nothing. Don't buy SIGA. Continue to buy random stocks. Do not think.

>>49750583
I dont feel so good

>>49750567
half this board says were going to crash over the weekend globally leading into deep red tuesday

the other half say the bottom is in

I’m buying oil

>>49750481
I hate the homeless. There's absolutely nothing more repugnant than a homeless "man" stinking up the place. Homeless people are worse than bugs. There is nothing redeemable about them. They make people upset and uncomfortable and it's not fair to normal people. I saw a homeless man the other day sleeping on the sidewalk. I gave him a swift, hard kick to the skull as I passed as I always do. He got upset and yelled at me, which I found to be VERY offensive. You have no right to even speak to me as a homeless "man." Honestly, the best thing to do would be a mass extermination of the homeless population. They are a negative drain on society and should be treated as such.

>>49750576
Start a junk removal or self storage company

>>49750523
Despairing. He says he's still holding as a reminder to himself about his retardation. And the dangers of quarterly dilutions.

>>49750314
>GUSH bros please be careful
What, it'll drop another 45%? LA DEE FUCKIN DAH

i panic held everything today

>>49750553
>>49750591
really starting to feel some demand destruction finally hit

What is taking so long for this crash to happen? we almost had it start last friday and monday. Is this really going to be a soft landing have just have a slow bleed for years? Are we going to turn into the japanese stock market for the next 30 years?

>>49750640
o-ok bro

>>49750565
>niggers need another day to celebrate their narcissism and victimhood obsession
I hate america.

is NRGU anon still here? he was up like 400 grand but that's been given back pretty much

N

>>49750587
Don’t even think about Forex trading unless you are literally Asian and wear one of those green plastic visors, you will get giga wrecked on leverage son

>>49750614
If you bought SIGA wouldn't you be helping cure homosexuals?

wtf is up with revlon

>>49750534

I bought 50k worth of 1 Year Treasury Bills yielding 2.8% today. AIGMI?

>>49750650
same im on the fence about letting shorts ride after hours, anyone who says they know what is going to happen is full of shit

Gregory “I’ll never sell my crypto or silver and in my opinion they are going higher, much higher” Mannarino in an email to the “pride” today.

Yipes

>>49750565
big boob

>>49750571
You mean you hope the bulls are hedged?

>>49750534
I saw Hulk Hogan at a grocery store in Los Angeles yesterday. I told him how cool it was to meet him in person, but I didn’t want to be a douche and bother him and ask him for photos or anything.

He said, “WHAT'S UP BROTHER?!?”

I was taken aback, and all I could say was “Huh?” because I am a trans woman, but he kept cutting me off and going “BROTHER! DUDE! HULKAMANIACS!” and flexing his muscles and posing. I walked away and continued with my shopping, and I heard him chuckle as I walked off. When I came to pay for my stuff up front I saw him trying to walk out the doors with like fifteen Milky Ways in his hands without paying.

The girl at the counter was very nice about it and professional, and was like “Sir, you need to pay for those first.” At first he kept pretending to be tired and not hear her, but eventually turned back around and brought them to the counter.

When she took one of the bars and started scanning it multiple times, he stopped her and told her to scan them each individually “to prevent any electrical interference from the jews,” and then turned around and winked at me. I think he even said the N Word. After she scanned each bar and put them in a bag and started to say the price, he kept interrupting her by yawning really loudly.

>>49750668
The post that saved /smg/

>>49750596
>others did this thing, so you should too
NPC's aren't really human.

Something ain't right. My long term bull portfolio and my short term bear portfolio are both up today.

CLOSED FOR NIGGERDAY WTF

>>49750692
>he went all in commodities about 3 days ago

wtf why cant I ask about shorting bioshits without being flagged as spam

Lion bros not like this....

>>49750689
>2.8%
anon,i...

>>49750654
This will help the "transitory inflation" meme and mantra greatly.

>>49750668
I

>>49750692
>selling the bottom

kek, memearinno, kek

>>49750666
Oh it was more than 400 grand. And yes. The fundamentals of our ETF are strong.

>>49750611
this is a hoe appreciation post
I appreciate that hoe, bless her

>>49750689
you are not exactly inflation protected, even the fed said 2022-2023 will be high inflation territory, so you would have won with TIPS (Treasury Inflation-Protected Securities)

>>49750689
You will have more money in one year and that’s for sure, right? You can’t say that about everyone here

We're about to POOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOMP

>>49750671
why would I be giga wrecked by leverage, sir

>>49750740
I'm laffin

>>49750534
This webm's a lot funnier with sound

>>49750764
good enough to screenshot good enough to sell is a golden rule.

cucked myself so fucking hard today

>>49750743
I will still probably outperform half of /smg/.

>>49750587
Assuming you're American, TDA, Oanda, or Forex.com
It's usually a 1-2 pip spread on major pairs with no commission. But Oanda and Forex.com have a second option with a lower spread + commission structure that could save money on high volume accounts.
Also you need to make sure you understand price action trading well, there's books on PDFDrive from Bob Volman, Laurentiu Damir, and Al Brooks that could help.
And paper trade for months to years to get consistent then go live with the smallest lot size possible to control emotions. Then scale up gradually.

>>49750692
If this signals the bottom...

>>49750708

It's funny because bank stocks have regularly under-performed the S&P consistently for decades now. It was a good play to buy BAC at $3 but now? Expect to flatline for years or maybe get 2-3%

>>49750692
i appreciate that he's at least honest
perhaps the only one ive ever seen

>>49750770
Isn't there a risk of loss with TIPS?

>>49750759
>the bottom
say what you will about the schizo but we still have way more to fall

>>49750576
https://www.twitter.com/TikTokInvestors/status/1536821919890083840
DRV, SRS and DRN?

>>49750764
thanks i need a little hopium

>>49750798
based

Hello uhhhhhh can I get a small dump before the end of the day please sirs

>>49750689

Why don't you just buy $10k of I-Bonds? Literally free money

>>49750640
They are just people on the far left side of the bell curve. Deficient in many categories but especially intelligence (though they all correlate). They are the price of male geniuses. The distribution of success-determining traits is wider for males than females. There are far fewer female homeless (and geniuses) because their distributions are narrower.

>>49750664
I am fine. I'd be better if the homeless weren't stinking up the place all the time.

>>49750759
it's been "the bottom" about 100 days since February, bro

>>49750856
YOU HAVE HAD YOUR FUN BOBO YOU GREEDY FUCKING COCKSUCKER

>>49750803
Indeed. Often* the same for losses and buying.

*But not always, depends on the reason.

>>49750692
>>49750759
Poor Mannarino. You shouldn't be in crypto, even unleveraged, unless you can handle 80% drops.

>>49750587
Oh and obviously don't overleverage. I wouldn't go past 5x personally (trading 100,000 lot with 20,000). Flash crashes have happened involving CHF, GBP, and JPY where the market can suddenly drop hundreds of pips or more. And if liquidity temporarily dries up then your stop loss won't hit until way too late.

>>49750882
Just one more slurp please sir

What’s on the menu for today boys?

We feelin sour?

>>49750856
You've had plenty of dumps bobo, so how about NOOO, scott

>>49750841
my DRN puts have help up magnificently today. Only issue is most real estate etfs dont have an active option chain. so you will be giving up 20-30% looking for an entry.

>>49750856
im expecting dow to close like 5 points over 30k for retail piece of mind then its all bets off into the weekend

>>49750856
The markets have to close green so that they can gigadump next week bobobro

Mr. Powell pls, for juneteenth, pls lower rates so our black heroes can have a fighting chance at employment

>>49750915
They still sell these used to be my fav candy back in the day

>>49750858
It's locked for a year at minimum, and if you withdraw before five years you pay a penalty. With t bills (in my interactive brokers account) they are marginable securities that I can use to buy any dips. Basically I want to be liquid to scoop up any cheapies in the housing market next year.

>>49750654
There’s been no demand destruction though

>>49750692
Didn’t he hold crypto as a hedge against the debt market implosion? I think he said that’s the only reason he held

>>49750692
>CRYPTO AINT FOR THE FAINT OF HEART you gotta handle moves like dis
>sells all of his crypto deep into the bear market

He fucked his viewers lmao.

>>49750896
if its posting on 4chan to get a bunch of internet loses to suck your dick its time to wrap it back up.

>muh triple witching day

we are gonna be so fucking green next week

I'm sitting on almost 50k in cash and inflation makes me worry bad. But the market dying and all the talk of it dying worse makes me too nervous to stick it in a stock. What do I do with this?

>>49750830
to my knowledge only if the rate of inflation dropped significantly. Like to 1-2 percent.
The current environment predicts more than 5% inflation short term. But then again Putin might die and everything gets reversed.

>ET jan 2024 5.00 leaps are cheaper than the current stock price
what? isn't this free money?

i don't feel so good. wat do?

>>49750968
Unironically start slowly DCAing into an index fund

>>49750674
Smg fuckers never alert about pumps... I only saw one guy shilling revlon here today. Buyout talks from indian company, high short interest

Yeah, I don't believe this is the bottom. They're probably going to dump it one more time over the weekend when no one can trade. Its the perfect time.
>Futures trade Sunday and Monday
>4 day trading week

>>49750990
stop hanging out on /pmg/

I am continuing to hold OIL. It is obvious that the U.S. Military is preparing for another kerfuffle in the middle of bum fuck nowhere and OIL will be, as Mannarino puts it, the lifeblood of the Military Industrial Complex(tm)

>>49751003
you will fuck a pajeeta and enjoy it sir

>>49750947

True. Penalty is only on 3 months of interest so its not terrible, but yea definitely not as liquid.

>>49750997
But other retards say it's to soon

>>49750968
Take $2k and gamble on degen weekly options and keep the rest safe

>>49751015
yeah, i think that was my main problem. what do i do now?

>>49750481

>fucked up and miss-timed the bear rally peak to get some SQQQ.
>nailed the oil high this week and managed to get an SCO position in place
>just locked it in with a stop loss at trade price, ready for the liquidity crisis

Aaaannnd hedged. Feels comfy man.

*sips*

>>49750842
You can also consider that 2008's demand destruction was from job losses. People still have their jobs and shit like bad retail sales right now is happening because their demand is being diverted *to* oil.

>>49750961
Oh it's not for dicksucking, it's for argumentation. This is a good place for people to say "bruh, your position is fucked for reason X".

>>49751032
I am waiting for a good opportunity to buy. Looking at AG and RIG. Tempted to sell a put.

Nothing like an ice cold bargs to go with your lunch!

>>49750955
The kicker is that he believes the debt market implosion is happening right now. This should be when crypto "balloons" yet he's capitulating lmao

Buy the reverse of all these positions, obviously

>>49751003
/biz/ only shills shit AFTER it's pumped
>>49751042
It may be but instead of trying to time the market, take it nice and slow. You don't have dump all of your capital into it at once.

>>49750990
Dump it all in SILX

gay sex stock going up again

>>49751098
ok i laughed

>>49750968

Start putting $2k a week into SPY until you have $50k worth and hold. After that buy some down and out good companies that are cheap P/E wise if you got more money to burn

>>49751086
The one guy i saw shilling it was in the premarket hours... But yea it was slightly pumped already

Is gas over or just following the rest of the market like it should?

>>49750692
oh boy gregs got swept away with the bullmania too.

>>49751004
>>4 day trading week
>he doesn't have an israeli passport nor he can trade futures 24/5
Top kek ngmi

>>49751042
Nice and slow anon. S&P 500.
Buy it with a 1/10 of your money monday and if it drops 5% more percent buy another 1/10th and so on. You choose the percentage and frequency.

>>49751099
Slow and steady until it pops. They are trying so hard to keep us down. With the new case count its all but confirmed we will go to $30 at least.

>>49751098
If you want a safe metal play, go balls deep in GAYMF.

Just make sure you buy some SIGA first.

>>49750990
rope

>>49751037
I prefer arab girls

I miss red lum

SIDU bros, how are we feeling?

>>49751048
first thing i'd do is consolidate some of that. that's no fun to manage. its only 50k in total, so i probably wouldn't revamp everything. just save more money and buy into stuff you want.

>>49751166
so do blackies you melanin enriched juneteenther

If the fed was essentially the market with 9 trillion balance sheet....doesn't that mean as they dump we need at least 9 trillion buying power just to counter their assets? And then trillions more to reach aths again?

Where is this market going to get 9 trillion in buying power? Most funds were fully Invested already.

>>49751169
Didn't it already pop from some NASA contract and it's time to bail?

>>49750950
Increase in interest rate = demand destruction

smg quants and analysts, ive spent like 2 yrs developing a linear model based on daily data. it consistently shows alpha with appropriate backtesting methods but it keeps getting chopped to absolute shit in production. are linear models just too shit? do I need to move towards dynamic linear models? is my public data from fred, tickers, sec filings just roo garbo? at this point I just dont see anything else to try that doesnt involve making it a day job

I feel a little bad for anyone who doesn't see this insane opportunity buying oil stocks today.

>>49751201
people on here were holding for $20
kek

>>49751196
Whiter than you, mutt