/biz/ - Business & Finance

>>49758908
I sold boil yesterday at $87
Thanks for holding the bag

R.I.P to all the fools who sold the bottom this week. Most obvious capitulation if I ever seen one.

/smg/ in a nutshell

>>49758938
it will get worse, its all going down next week

GAY SEX NIGGERS

>>49758951
why is he like this

Fuck posted in wrong bread I was lurking in.
Anyways...
So the numbers may be slightly off because I'm too lazy to find a better site for this, but here's a percentage change of the dow during market dumps/recessions. I don't think we are at the bottom yet, but we'll see

>>49758938
Not even close bro

>>49758949
Yeah no it wont.

We wont giga pump obviously, but slowly people will see that we hit the bottom after prices take the staircase up.

Have fun losing money shorting the bottom kek

>>49758951

>>49758951
where are the pox?

>>49758974
okay then, tell me WHY we pumped today?

>>49758938
>haven't even hit the top of the last bailout
>going into a recession
>bottom
we are bottom when there is only a few /smg/ threads a day.

>>49758908
Oil bros
I am never fucking selling

>>49758992
Macro picture has changed, we are not going to hit ATH or see a V shaped recovery, but rest assured this was the bottom.

>>49759006

This is the end...
... beautiful friend the end

>>49758972
With all the outs that were closed, market didn’t do shit. Plus all FinTwit retards calling for moon next week bc “we are oversold and technically indicators say we will moon”
Idiots. Can’t wait to gape down into new lows and they get BTFO

Siga fags BTFO. Lmao stupid faggots wish they could make gains instead of crabbing everyday bleeding out of their assholes.

>>49759017
This makes no sense. We are 40% at least away from a bottom.

>>49758943
One is ideology the other makes me money

>>49758951
I knew what this was going to be and still opened it.

>>49758969
Bottoms take longer to form than drops. Bearcrab takes us down another 10% or so.

>>49759046
I swinged it pretty successfully anon for 35% gain and bought back in today.

>>49758951
>Circumcised
KWAB

>>49759017
nothing in the macro picture has changed lol
its in the same place it was 2 days ago when the fed increased the rates

I lost 12k on oil this week. I hate biden so much.

What are americans celebrating on monday?

>>49758992
Quarterly expiration on futures and standard monthly expiration on options. Monday we resume our descent into hell

>>49759065
lol that means you're gay
sorry no people of a sinful lifestyle are allowed to post in /smg/

Jenny deletes the pox cocks but leaves rockers cut cock. Kek

My fiend got monke pox and now this is him in the hospital!

>>49759007
don't they're trying to shake out long oilers

>>49759154

>>49759154
Should i ask what am i looking at or better not?

>>49759075
Looks like ARKK in the anger phase haha

>>49759142
>Monday

>>49759155
is that garland greene

>>49759138
fatherless day

>>49759190
FUCK

>stock market general

>>49759199
I'm assuming that's some obscure porn star. Stop watching porn, doofus. You've fallen to the level of cretin.

>>49759108
>nothing in the macro picture has changed lol

1) Equities dropped 20%+ from ATH's
2) Real Estate already price cut 10-15%
3) Energy production increased
4) Energy demand reduced
5) Japan buying bonds
6) Fed buying bonds
7) Midterms coming up
8) Bearish Sentiment indicators maxed out
9) Supply Chain issues being addressed
10) Shanghai easing lockdown
11) CPI will indicate inflation peaked
12) Ukraine / Russia discussing armistice
13) Inflation adjusted losses mean we are down 30% in 6 months, a record sharp drop.


You can only scare people so much with bearish sentiment, unironically priced in. Selling pressure has been completely exhausted. Buying pressure has barely begun.

>>49759007
>>49759161
>Oil prices tumbled through the NY session Friday with the Dollar raging firmer and longs profit-taking into the holiday weekend, unwinding overnight strength. There wasn't a single, clear catalyst for the downside, nor was price action particularly spikey.
haha don't you love that!

>>49759161
Well they won't shake out me. Literally just punched in a stinker bid for MRO, good till cancelled. If anyone is taking those shares for cheap it's gonna be me.

>>49759138
That poor toilet

>>49759253
>stop watching porn
What else is there to watch?

>Cramer’s week ahead: ‘Sell stocks into any rally’ as the Fed curbs any market bounce

Uh oh, Cramer is officially a bobo. Looks like it's time to buy, buy buy!

>>49759253
https://www.youtube.com/watch?v=6AAd5bWeAok

>>49759154
That looks incredibly painful.

>>49759257
>everyone buying bonds
>but somehow inflation peaked
>after yet another surprise inflation bump
lol

>>49759288
Don't know,next week looks terrible so far
And if japan shits the bed more it's kinda over

Cunbun is best. Ill be posting more work of mine during movie night

>>49759138
Insulin

>>49759257
QT is pulling cash out of the market. You think retail is gonna bring things back up? Party is over.

Short and Medium Term Bull case:

- Prices set to come down at major retailers given historically high inventory to sales ratio
- Oil prices reverting to mean
- High Put volumes leading to squeeze dynamics, same story we've seen last 6 months
- Somewhat dovish comments by Bullard and Kashkari on pacing of rate hikes
- Markets collapsing for 2 weeks now, mean reversion to the upside coming

Bear case:
- Line goes down
- I bought $16k of UPRO at close today

>>49759298
That wasn't as sexy as I was hoping it would be

>>49759394
How do you deal with such profound mental retardation on a daily basis?

>>49759448

Can someone explain to me why natural gas decided to shit the bed over the last few days?
All BOIL had to do was stay above 100, as it had been for months, for another few days.... but no it had to crash down below 70 3 days before my options expire.

>>49759473
https://youtu.be/HWqKPWO5T4o


This is confederacy of dunces organized like a retard mafia. And I love it.

Excuse me, I think I was promised a volga hurricane. Where was my hurricane?

>>49759527
oh she's a brewin' laddie

Ready for the Full Bull next week? The math doesnt lie. Bounce probability at 99.9%

>>49759387
Fed increased its balance sheet by 14(FOURTEEN) BILLION $, it was not 12billion as said previously

>>49759394
I bet she smells nice

>>49759614
>Lum posting
Yeah, we're dumping.

Garbagedon switch from turning niggers into fuel to bashing fags on stockwits

bros - between you and me, gay sex has never looked so good

So are we doomposting about black M̶o̶n̶d̶a̶y̶ Tuesday for the 7th weekend in a row?

just want to remind everyone

>>49759257
> 1) Equities dropped 20%+ from ATH's
Bubble popping
> 2) Real Estate already price cut 10-15%
Another Bubble popping
> 3) Energy production increased
This is another bubble by itself I think
> 4) Energy demand reduced
Yeah at some point demand will collapse from the demand destruction
> 5) Japan buying bonds
They are fighting a losing fight to hold the 10y bond yield at .25% by uncontrolled money printing, currently at.403%. This sure is sustainable and wont absolutely destroy the Yen as its already happening.
> 6) Fed buying bonds
Total assets in the fed balance sheet sitting at 9trillion USD, it sure is sustainable and healthy to buy more without more inflation.
> 7) Midterms coming up
This is going to be an absolute disaster to the Dems.
> 8) Bearish Sentiment indicators maxed out
TA means shit when the economic fundamentals are fucked with to hell and back and the entire system crumbles by a few basis points in the interest rates.
> 9) Supply Chain issues being addressed
I think this will fix itself by the demand destruction.
> 10) Shanghai easing lockdown
0 Covid policy is unsustainable and they will have more lockdowns
> 11) CPI will indicate inflation peaked
Market are realizing this isnt happening any time soon.
> 12) Ukraine / Russia discussing armistice
Idk about this
> 13) Inflation adjusted losses mean we are down 30% in 6 months, a record sharp drop.
So that means it cant drop more?

>>49759644
I have seen people shill their twitters here before, but their stocktwits account?

>>49759476
Because you touch yourself at night.

>>49759257
>4) Energy demand reduced
excellent, and i mean EXCELLENT cope/bait

>>49759644
Damn, gays eternally BTFO

>>49759476
There was an explosion for some nat gas company terminal in the states. This mean this company would not be able to send its nat gas to Europe where the price of it is multitudes higher than it is for NA(Nat gas is hard to move through the world and pricing matters on continent), because of this the price crashed because they would be making far less profit in North america
... It still doesnt address the supply and crisis issues. So I would buy

>>49759640
Say it with me

>>49758992
There were more buyers than sellers

so many peole here wont accept that gay sex is the future and that CCXI will outperform all major indexes. what a shame. get with the times chuds.

>>49759726
Why is there a rat in that wojak?

It just struck me that bobos will finally get their black Tuesday—it's called Juneteenth

>>49759288
Didn't Cramer tell everyone to buy oil a week ago? lmao we've finally hit bottom

>>49759763
It's a gerbil.
>>49758992
MMs fucking over retail option contract holders at expiration followed by a dump at the end of the day as call holders exercised and sold.

>>49759763
The spain super spreading event was a gerbil gay sex event

>>49758992
opex in an uptrend = dump
opex in a downtrend = pump
simple as

>>49759763
>>49759820
lemmiwinks, cousin of wikilinks.

>>49759264
there are enough rigs online that fair price should be $80 wti. youre going to end up holding the bag.
>t. took 60k in oil profits this year and am enjoying watching the dumpening

i sometimes go to a local soup kitchen to get free groceries. i dont need to but i can save more to put on the market that way so i do it.
i listen to some investing from youtube and wait in line with the alcoholics, the addicts, the poors and the insane. its quite absurd listening to investing stuff on there.

i always get very motivated thinking im not like you. im not gonna stay here for long and feeling pity since they are blind to money.

>>49759774
Carlos!

>>49759686
Nah, not me. I just shat on VISL baggies

>>49759822
What leads a person to get off to such degrading actions.

>>49759327
The German bank straight up said we are heading towards a BAD recession and are already in it.

>>49759960
>the german bank
The west one or the east one?

>>49759774
June 21th the day racism died, and your portfolio. This is for you, George.

Is longing SIGA halal? I should be shorting it, that way I short a vax for fags and mp. They die faster

Uhhh China Bros?
Is China going to blame this on Taiwan to get the war started?

I have extensively researched the economy. Predicting the future time and time again. I have come to the realization the collapse of the markets are in the hands of btc at its 20k wall.

Many may not realize this, but all the markets will shudder if that floor is breached. I know it's gay to talk about that in here, but it's very relevant to equities right now.

> Souce
Me, a literal fucking genius

>>49760023
no, the world has seen enough liveleak that there is no way that flies

>>49760053
Why would that be the case this time?
Btc has been under 20k several times

>>49760023
These glowing operations on industrial facilities are getting out of hand.

Thanks for all the good luck on my interview bros

>>49759845
plastic production was fucked for a while far as I know they are still struggling to keep up with basic shit like packaging which bottlenecked a lot of industries. I bought BP. I figure it should probably go up and if it don't it gives good diverdends I'll scoop up more if it keeps dropping

>>49759835
Except there was no pump. This was weak af. Typically you get what’s it called, charm…when puts are closed MM buy back futures they shirted to stay delta neutral.
Back to butt hole abyss Tuesday

>>49758969
assuming that this is for SPY I think we're closer to like 21-22% down or more now right? the peak was 378 I thought

>>49759473
>guy who post cat pictures and has a net worth of 45 dollars

hey thats me lol. my portfolio was small but not that small

>>49759845
Exactly. Because, as we know, the US is responsible for 95% of global oil production and consumption.

>>49760139
I would say there were some weird pumps, maybe not were you would find them normally

>>49760091
Significant volume is under water right now. The 20k breach would trigger a sharp move with capitulation. In this move many margin calls will be exercised. Culminating in many billions being margin called at roughly the 3k value. This would knock out tether and the brokerages. Liquidating $1 trillion. That liquidation would cause a chain reaction causing limit downs in the market. The vol will squeeze with potential to even sink the MM's

>>49760191
I was gonna say, im guy who posts cat pics and has a net worth of 6 figures get that shit right

>>49760217
I thought he meant cat pictures and not anon who post pictures OF his cat

>>49760232
touche. but still, look at this magnificent motherfucker

>TSMC now has the 10th highest market cap in the world
I need more shares. Its not enough. I want at least 100 before the next stock split

>>49759257
Bonds were at historically low interest rates before this. 1.2% to 3.1% destroys MULTIPLES of a 10 year bonds value, like 60% of the value, as compared to 3.1 to 5% which only destroys about 35% of the bonds value, despite the same net increases

>>49760216
The problem with crypto dying is that well get more crypto baggies posting here i guess

I can't wait for the market to turn and for all the bear niggers to get absolutely HEEMED. You are as bad as all the fucking crypto niggers.

>>49760127
damn live coding challenge sounds stressful.

>>49760276
Lol, cryptards can't even spell the word equities. I don't think they will stick around.

Picrel for that faggot who probably lost everything in SOXL. Piss me off, yeah I tried to warn you

>>49760284
eh it can be but this isnt a dev position. they just want to make sure I have a slight clue what im doing and I definitely do. itll be something like "hey write a bubble sort" which should be pretty rudimentary for anyone in the industry.

>>49760018
u should short it. /smg/ is bullish on it

>>49760127
I just did one with four people watching and no google. Completely froze. Live coding is so fucking retarded and pointless and doesn't reflect the work environment

>>49759257
this chart is meant to show that 2022 is exceptional in how poor returns have been, but it's retarded because the fiscal year is a semi-arbitrary period beginning and every fiscal year line is shown starting at 0%. there are years that trend down then up, and years that trend up then down. if you shift the 2022 downtrend back 4 months it would largely disappear into the mess of lines
didn't read your post btw

>>49760278
How are those pink wojaks of yours doing mumu?
I expect you have gotten new ones for tuesday.

>>49760320
not having access to google is stupid. I work with pretty much every language in my day to day job and ill be damned if im going to memorize everything myself. I tell them straight up im going to use google to for all the native functions that I dont know off the top of my head but I obvioulsy dont use stackoverflow or any thing like that. never had issues.

How much so I need invested before I can live comfy off just dividends?

>>49760191
>>49760232
lol, I saw a screenshot of your poorfolio. Nice cats

>>49760018
You should use everything you have to short it. Despite it being a value stock with a huge catalyst going forward, I assure you sir that you should not redeem your shorts.

>>49760361
goal / dividend = money required

100k a year / 5% dividend = 2 million

>>49760353
See thats what got me. I had to do dependency injection and implement memory cache from scratch and I couldn't remember it and just froze so hard.

Like come on if you gave me some data structure problem sure but the hell do I need to do this for?
>"Hey we think you'd be a great piano player!!! But just to be sure, can you play live for us without sheet music and a blind fold? No this doesn't reflect the work environment at all."

I just deep throated a hot pocket with molten cheese and just burned the fuck out of my throat. Now I know what it is like to have gaypox. AHHHHH

>>49760391
>5% dividend
Dude the fuck you holding that pays 5% dividend?

>>49760361
Easy. How much do you spend a month now? Take that amount and double it to account for inflation till your dead. Times that amount by 12. Whatever that amount is, that's your annual divvy income target.

>>49760139
look at arkk

>>49760361
dividends aren't guaranteed. they can take them away whenever but yeah you need a good baseline before that becomes a reality.

>>49760338
Don't have a single one, sorry Bobo

>>49760415
lots of good bonds etfs paying 6% safely right now

Guess which price crude bottoms at?
Is it $90?

>>49760421
Ex: you blow 2500 a month. Double that would be 5000. 5000 x 12 would be 60,0000. 60k is your annual divvy target or 15000 every quarter

>>49760401
yeah thats why I dont really go for dev positions. sales engineer is the happy medium between dev and sales guy and is recession proof. Companies need a sales guy who understands their tech.
>>49760415
they exist. SCHP, QYLD, T. I was answering the question

>>49760461
Tell me. Or where I can find a good list even long term funds don't get that yield

>>49760439
>dexter and driver
Yuck,at least you got better call saul

Two questions, one stock related one not.

#1) Lennar has earnings early next week. I already have puts. What do you thinks gonna happen to the housing market / Lennar?

#2) I’ve weightlifted 3x already this week. I have a choice now between lifting a fourth time OR getting good sleep for the flea market tomorrow. I’m hoping to find some key comic book issues in the wild. What do? Skip the workout?

kek the media is turning on Biden now
bullish?

I think I am going to make 100k off siga or more. Then stick it all in ZIM for that sweet 34% a year dividend. Hopefully Zim comes down to around 20

>>49760489
1 yes
2 faggot

>>49760496
You mean like Democrat sponsored media like CNN

>>49760469
85ish

>>49760490
Dexter is pretty gay. I got that pic for some post about it being retarded some while ago. BCS lost me once they killed Howard in this retarded way. Not gonna watch the rest.

>>49760510
yes

>>49760489
What's the best way to buy expensive comics. Ebay? Not talking thrift searching but if I want to start a position like 9.8 key issues

>>49760488
JNK

>>49760490
I miss Norm. I remember Adam Carolla saying Norm fucked his friends wife in the ass while the guy was mowing the lawn.

Is it worth it to max the 401k after hitting the company match?

>>49760568
only up to $19500 to take advantage of the tax writeoff
look it up

>>49760524
What's the timeframe on that?
The US goes into recession what about the rest of the world?

>>49760537
if you dont mind a little leg work then used book stores and crappier/rundown comic stores. they don't update their prices that much and if you have a little foresight you can scoop em on keys. (eg look at the Star Wars or MCU slate and buy potential keys that could shoot up)

>>49760568
put it in a roth first

>>49759007
me neither, Libya, Niggeria, and even Russia's oil output is below where it should be, there's also increasing political instability in the first 2
this shit is going back up, they are just jerking the price on low volume, same as they did up until a few weeks ago with pretending that the peacetalks in ukraine were going anywhere

>>49760538
lol. That etf is going to get crushed

>>49760595
i have continued to think that oil will dump to that level or lower when we hit capitulation and everything dumps hard as correlation becomes 1. i think that will happen when we accept the recession. i dont know exactly when that will be obviously. q2 numbers come out in september. if we assume smart money front runs that then should happen around the end of the summer if q2 numbers contracted, i have no idea if they did but i kind of assume they did
which is why this oil dump is a little sketchy to me. i dont want to buy incase THIS IS IT, but i also want to buy because its happening earlier than i expected. idk

I actually hate stocks now, fuck shit, just give me my fucking money Jews and we will call it even fucking shit fuck

>small caps STILL getting destroyed despite everyone everywhere admitting small caps are a solid buy against a recession

Guess I'm not grilling tonight... it's raining pretty bad

>>49760692
no refunds

>>49760624

>>49760705
damn man, i was hoping you were going to have a nice night on the grill. what are you doing instead?

>>49759931
Hi Mike, also VISL is fucked. The Jews just won't let that one go.

>>49760705
got a covered deck down here in Kent, i'm grilling chicken fajitas

>>49760688
They're really going to do this in a mid term year?
Sounds a little crazy for the dems to crash the stock market on purpose. You don't think it's all talk and no walk?

What are you even buying when it capitulates anyways? Commodities or tech?

>>49760723
everyone that could afford a tesla already bought one. EVs aren't going to do shit to oil demand.

>>49760723
>crediting EV's with having the leading impact on gas pricea
Dumb bitch

>>49760701
That's not how the market works anymore. Jews can and do manipulate small cap stocks to the extreme. They play with them. It is nearly impossible to break out of the smallcap hell without buying back your own stock 3x over.

Its why a lot of companies stay private that would otherwise have smallcap stock sizes and still be doing very well.
We aren't living in a capitalistic environment anymore anon. Algos, shorts, etc. have completely ruined the market.

the thing that really confuses me about all the oil price talk is that if we want to get off fossil fuels, or at least drastically reduce their usage, don't we want the price to go up? what am i missing?

>>49760713
No I don’t want a refund, Im making money but not fast enough and stocks are BORING now. It’s literally a buy button, and a sell button, it’s so fucking braindead and boring HOLY SHIT. I DONT WANT TO PLAY WITH STOCKS ANYMORE, I WANT A MILLION DOLLARS AND WE WILL CALL IT EVEN RABBI.

So to continue; 60k a year would require I dunno, 70,000 KO shares today. Then let 30 years and divvy hikes pass by. After 30 years you'd turn off drip. Said 70,000 shares would cost you over 4 million. But here's the thing; if you've got other income sources to do you in retirement then you may not need 70,000 KO shares. Merely a fraction of that. To put it another way; this here is your play money while the other income sources is your survival money.

>>49760724
Idk, I have some frozen korean style chicken in the freezer, also some frozen meatballs... it's nbd, as long as I can have a cold beer

>>49760661
ANGL

>>49760217
I post cat pictures and (used to) have a 6 figure account, thank you very much.

>>49760746
EV prices are going up.
I don't think electricity prices stay the same if you triple the current amount of EVs on the road either. The grid has to be expanded with more steel.

>>49760743
i think we're in a 1970s recession not a 2000/2008 recession. so yeah ill be buying oil when it crashes. honestly republicans winning the midterms in september could also crash oil. i really have no idea. luckily oil companies are still undervalued so it doesnt really matter. however im a degenerate and want to go all in on NRGU so i need to time it a little better
so yeah buying oil now, when supply chain issues get sorted out, then maybe in 2024 ill buy AMD, GOOG, and NET again
but frankly, the market had such an insane growth multiple baked into it at 4800 that there's no way we're going back there without QE. so the second we do get QE, whenever that is, that's when i become a tech tranny again

>>49760763
that's what i had for dinner, some frozen asian chicken thing and beer... only i didn't stop at one.

>>49760742
>>49760705
I grill year round. Rain, snow, wind, I don't care. It amazes me that people wait until the summer to use bbq or smoker.

>>49760537
Reputable dealers, heritage auctions, and comiclink. Obviously comic cons as well. For raw issues, I’m a fan of Worldwide comics in Texas. The owner’s a very honest guy

>>49760778
Cats are based, therefore cat posters are based.

OH GOD DO I PRESS THE BUY BUTTON RIGHT NOW? HOW ABOUT NOW? OH FUCK MAYBE I SHOULD PRESS THE SELL BUTTON. FUCK I KEEP LOSING, MYABE IF I PRESS THE GREEN BUTTON AND WAIT 5 DAYS MY RESULT WILL BE BETTER. BUY SELL BUY SELL BUY SELL BUY SELL AAAAAAAAAAAAAAAAAAAAAAAA

>>49760832
lol just buy puts and sell in ~3 days bro

>>49760747
it's a nigerian scam - you make it so as to get filtered by everyone except the dumbest part of the public

>>49760145
That's the dow. S&Ps current low is 24.5% and the nasdaq is 35%

>>49760832
whatever you do anon, make sure you buy when it goes up and sell when it goes down. you know, as is tradition and such.

>>49760832
stock market is tanking you can't win without insider info

What’s going on with REV anons?
Is this a secret globohomo opportunity?

>>49760746
>>49760777
i think car companies are drastically overestimating their EV sales. not to mention car companies are historically horrific forecasters.

>>49760763
Cold beer you say?
On a Friday night?

>>49760723
Is this marketing or is this type actually retarded?
The number of EVs sold is public information, surely they've looked at it.

>>49760866
fucking rednecks

>>49760723
AAAAAAAAAAAAAAAAAAAAAAAAAAAAA I CANT TELL IF I NEED TO ALL IN ON SARK OR GUSH BECAUSE OF THIS TWEET FUCK YOU CATHIE

Harrrr's is the superior cheap ass macro beer

>>49760840
SHUT THE FUCK UP NIGGER, WHY ARE THERE ONLY TWO FUCKING OPTIONS, WHAT IF I DONT WANT TO BUY OR SELL AAAAAAAAAAAA

Imagine not drinking on a fuckin friday night.

>>49760748
Yeah it's mad. Some are so fucked for no reason and primed for a move up but no volume and those algos can just keep crushing them lower. Some anon here mentioned VISL; that's a good example of how fucked they are. Technicals get crushed more and more, no bounces anymore. Fundamentals across the board don't mean shit.

>>49760801
I'm west coast, so it's only 6 PM here. I just had some M&Ms so I'm not even hungry anyway...
>>49760807
At my apartment building, I have to walk a bit to get to the grills. I don't want my brats to get wet... It'll be nicer tomorrow

>>49760900
i just had some coffee before i hit the gym before i come home to my bugpod and sadly build a couch and speak to nobody
again

What are some more unknown companies that you find interesting, have an eye on or own yourself?
I find the japanese company Beaglee pretty interesting since they seem to be one of the only manga related stocks out there. But I couldn't buy them if I wanted to.
One I do own is Nekkar, a norwegian company that creates docking solutions for shipyards and is currently also getting into the fields of fish farming and solutions for the erection of off shore wind power. They became profitable last year and currently at a PE of ~8.

If by raising rates, the Fed is trying to make you slow down your spending because the cost of money goes up for a car loan or mortgage or something else you want to borrow to spend money on, the won't immediate things like food not be dramatically effected by it? Like can't the Fed only really control borrowed money, not cash?

>>49760866
Yes, I think I will have a cold beer on this friday night
And you know what else? It's been a little while since I washed these jeans, they're nice and broken in, so they're starting to feel just.... perfect

>>49760928
take care anon.

>>49760933
>i own nekkar
my family used to as well. shame.

>>49760800
agree that we're in stagflation.
I don't think QE is going to come back for a long time because we got inflationary bullshit now like wars, energy shock and loss of workers which will overwhelm deflationary factors.

I'm like 25% oil right now bought in 2021 and I can't be bothered to time it I just think it does okay for the next 5 years and I don't want to pay long term gains taxes because I live in a blue state. You really think the dems will tank the economy hard enough to drop crude to 85?
The US isn't all of the oil demand there's the rest of the world too. War fucks up oil production. Iran and Israel are going to go at it.

>>49760946
>control borrowed money, not cash
whats the difference lol

>>49760928
>coffee
i add some rum to mine it's good shit,try it out fag

>>49760933
I don't have a company in specific, but I'd like to look at insurance companies. In order to have a mortgage, you have to have insurance on your house, and the insurance costs are relative to the asset price...so, i feel like maybe that's a good inflation play.

credit karma seriously sends a 'let's unpack this' email when your score changes by 1 point. fucking useless

>>49760962
the difference is cash comes out of my bank account, it's not a loan. i don't take a loan to buy groceries.

>>49760946
>borrowed money, not cash
cash is bank credit loaned into existence when you make a loan in a bank

>>49760950
Everybody loves a pair of jeans that fit just right!
I myself had a little bit of chicken... fried.

>>49760866
kek

I think it’s time to talk about SIGA and Gay Sex again.

>>49760946
anon debt is more important than cash in a Keynesian economy

>>49760986
>>49760987
now kith

>>49760946
ITS NOT REAL FAGGOT, ITS A BUY AND A SELL BUTTON. THERE IS NO THIRD OPTION OF “QUANTITIVE GOBBLEDOOK INTEREST CAPS” YOU EITHER BUY, OR YOU SELL. THERES NO THIRD OR FOURTH OPTION, THERES NOTHING MORE TO THIS, YOU EITHER CHOOSE BUY OR YOU CHOOSE SELL.

>>49760933
guardforce ai

i have no idea wtf they do but it's a penny stock that keeps spiking so I'm hoping to time this shit right. wish me luck.

>>49760986
>>49760987
Coldbeeronafridaynightmind

>>49760986
>>49760987
Jesus fuck this place is becoming almost too predictable

>>49761019
I used to think this meme was kind of endearing until I realized that’s the lower half of a black woman and that is her front-ass, and it’s disgusting

>>49760956
>You really think the dems will tank the economy hard enough to drop crude to 85?
it's basically already happened, we're just waiting for everyone to stop pretending like a soft landing is possible. and i usually dont like to play red team blue team but in this case the oil situation is definitely on the hands of the blue team
>The US isn't all of the oil demand there's the rest of the world too
true, maybe i should revise what im saying; i dont think oil will drop when a recession comes because of the historical reason that recession = economic slowdown = oil demand destruction = lower prices
i think that recession -> everyone acknowledges that oil crashes in a recession -> self fulfilling prophecy + all equities and assets have correlation of 1 in a crash = oil crashes with everything else
i DONT actually believe oil demand will be destroyed, and it will lead the way in gains out of the capitulation crash
also remember that oil != oil equities. oil equities could get positively HEEMED in the scenario I just described while oil stacks up okay. so just buy oil equities
>>49760983
google "fiat"

>>49761018
>>49761019
>>49761006
>>49760987

>>49761056
Yeah it is disgusting, but I've been trying to find the original photo for a while. I saw it once when the edit was first made, but didn't save it...

>>49759138
Police brutality remembrance I think? Please spit on LEOs on Monday if you like democracy I guess.

>>49761019
We like to have fun here at the /smg/.

>>49760983
it's not your loan but it is someone else's loan.

Guy takes a mortgage out = the guy who sells the house gets cash and the guy who has a mortgage has a loan to pay.

all money in the banking system exists as debt.

>>49761097
...best emma
I wonder what stocks her financial managers have her in

>>49761083
maybe if you find it and post it here, it will be a death nail in the coffin of this meme
not that I don’t personally enjoy a cold beer on a Friday night, as that is exactly what I’m doing right now
best of luck anon

>>49761135
Hmm
I don't think /r/ gets a lot of traffic anymore, but I'll go ask there quick.... brb
Keep one on ice for me

>>49759264
>There wasn't a single, clear catalyst for the downside
how does crude drop from $122 to $108 with no catalyst

>>49760361
1.5-2.5 million if you don’t have a mortgage.

just learned I can buy powerball tickets in my state online without having to walk into a gas station like a nigger.
now I can gamble for just $2/week instead of risking my portfolio

>>49761166
I don’t know, but it heemed me big time. I almost bought drip 3 days ago. Why oh why do I do this to myself?

>>49758908
>Futures green
lsgo baby

>>49761196
Might be this, I wonder if firms trading WTI know something we dont

>>49761166
if we in a recession production will go down but idk people are doing dumb kneejerk shit in this market. I made 60% in 2 weeks buying dutch bros when it dropped to half its price overnight after its earning report wasn't as good as everyone hoped.

>>49761228
Lol! GET FUCKED EUROS

it's simple - we buy the 30-45 day puts

>>49760956
QE isn't coming because the FED blew its load during covid, because the government lockdows (aka central planned economy) caused a deflationary spiral

Short CAD

Actually bros... it looks like there's a break in the rain. I I think I will head out and grill these sausages right quick. LET'S FUCKING GOOOO

>>49761228
Biden would get droned literally inside the White House if he as much as lifted the pen to sign that executive order
I don't know why people keep falling for these meme news. The US government is never going to say no to the bussinesses that own it.

>>49761361
Propane or charcol?

>>49759264
The selloff today specifically was speculators bailing as the July contract rolls over. You can see from both XOP and CL that speculation in oil got pretty wild this past month as SPY went into that bear market rally and everything looked positive for a moment.. until the CPI reading hit.
As >>49761228 points out, export limits was a panic trigger and the selling propagated from there. Speculation is lower than normal in oil (# of contracts/barrels) due to higher prices, so it's been more volatile than typical times.

In general though, oil price isn't going anywhere until SPR releases stop in October. Its rangebound until then. Supply is technically balanced if you ignore the fact that we're draining 1 million barrels a day.
By the time SPR release is over, the whole situation will be different. The Ukraine invasion will probably have ended or at least effectively paused, and while sanctions will likely continue for a while, Russian oil will be hitting the market in full again because many countries will ignore the sanctions. At that same time, the EU economy will have been completely destroyed, US will have hiked rates to 4%, and we'll be spiraling into a crisis that makes 2008 look comfy. There'll still be an oil shortage because demand is inelastic, but there will be extreme pressure on the marginal price buyers can afford to pay. Demand destruction will be evident as businesses just give up (especially in EU).

Oil stocks are still very cheap, but realistically the only way they sustainably move higher is through a slow grind over many months of massive buybacks. There will likely be a chance to buy in cheaper sometime in the fall during the peak of this general crisis. Supply will be constrained for at least 2-3 years though.

Coal stocks are better right now. The current coal futures curve has reached levels where BTU could fully hedge for the next 6 years and out earn their current EV 4x over... and this imbalance is only continuing to get worse.

>>49760750
Yes, but you need frankly impossible substitutes for literally everything you get from fossil fuels.

Solar, nuclear, wind, hydro, fucking Garbage Don biodiesel need to be ridiculously cheap (everywhere on the globe) to kill off thermal coal for electricity. But then you need to fix things up on the metallurgical coal side as well with electric arc furnaces and carbon capture (unless you're fine with steel furnaces still emitting).

Next, you can get rid of about 50%-75% of nat gas usage by swapping in 100% green energy mentioned above as well as tearing out the heating systems of millions of homes. But then it's still needed as a fertilizer and chemical feedstock, so you need to set up systems to generate *that* "greenly". And remember, like with power, global competition requires that you make these green alternatives cheaper than dirt.

Lastly, replacing oil requires 100% electric cars, trucks, buses, semis, airplanes, and tractors to knock out about 2/3rds of consumption. The remainder is largely unsubstitutable like with nat gas's industrial uses - plastic feedstocks, asphalt, lubricants, etc. Thankfully oil's power and heating consumption is negligible and we're assuming you took care of that similar to the coal and nat gas use cases.

tl;dr green energy is a scam, expensive fossil fuels right now only fucks everyone over

>>49761394
>Russian oil will be hitting the market in full again because many countries will ignore the sanctions.
i agree with most of this post except this. not gonna happen
>There'll still be an oil shortage because demand is inelastic, but there will be extreme pressure on the marginal price buyers can afford to pay. Demand destruction will be evident as businesses just give up (especially in EU).
also, what does "giving up" mean?

>>49760946
Dreamers sucks ass, but that film is unironically worth watching just for her nude scenes she was just so fucking hot in it.

>>49761195
Ooh. Nice. I might occasionally buy lotto tickets as well if I could do online.

>>49761415
It'll be pretty funny looking back a few years from now when all the solar panels built at lower inflation levels are claimed to have been some huge value savings. Perhaps that's already happening?
Generally the greenest energies (solar/wind) just end up needing a backup NG plant anyway though, so all cost savings are meaningless because it's a redundant purchase.

>>49759708
excellent bait isnt so obvious
but im sure he was just pretending to be retarded

>>49761394
>Coal stocks are better right now.
Im afraid of ESG causing underinvestment in coal

>>49760723
seriously wtf. is she only pretending to be retarded?

>>49759683
this time is different

Still holding still don't care

ive got a free $15 amazon store credit burning a hole in my pocket expiring soon
what do i buy bros

>>49761389
>tasting the heat not the meat
Is there any other way besides sweet lady propane?

>>49761512
>i agree with most of this post except this. not gonna happen
I mean like China/India. Europe isn't going back to allying with Russia or anything, which is a big factor in my speculation of their coming collapse.

>also, what does "giving up" mean?
If running a factory is uneconomic, it'll shut down. There are sectors that are less essential, at least in short term. Obviously food deliveries are mandatory and travel is unlikely to change much unless they implement some bullshit eco-quota or fake a new covid lockdown.

>>49761597
Bough more. Not gonna sell shit.
>falling knife
You'll be catching my falling cock if you keep up that bratty tone.

>>49761512
>Russian oil will be hitting the market in full again because many countries will ignore the sanctions.
>i agree with most of this post except this. not gonna happen
Moreover isn't all Russian oil now back on the market thanks to Iran/Venezuela style rogue tankers along with Pajeet and Chang buyers? The damage from sanctions is lower long term production because slavshits can't into modern oil tech and higher prices in Europe specifically.

>>49761540
Yeah, solar and wind are joke experiments that help at the margin. California and Germany show what happens if you go full retard without nukes.

>>49761624
Good lad, very based, very based indeed

Why did SPY go up while oil fell?
I dun geddit.
I just want my SPXS to go sky high like I think it will. Will probably buy more next week.

>>49761624
Traeger is best for everything non steak imo. I hate smoked steak

>>49761394
how is demand inelastic? seems like less movement, less spending, less oil used?

>>49761647
far as I heard the sanctions fucked over any tankers trying to move oil since they would pull their insurance and no insurance = no going to port. I'm sure they'll find a way around it but for now it's a pretty dangerous bet.

>>49761665
Oil fell because the saudie bent over and spy is shitting blood next wekk

>>49761389
Propane
It’s not mine, I’m just a renter

>>49761665
We hit a local bottom. Unless even more bad news comes out we'll test a top before getting slapped into more lows. Big Money is pricing in a recession but can't go all in or they will incite panic. No one actually believes we are near a true bottom or we will melt up it's all just smoke and mirrors.

>>49761739
>peanut oil

>>49760866
don't even try to bullshit us brother
HH

>>49761733
I know why oil fell. But I don't understand why SPY went up with oil falling.

>>49761643
china and india are already buying russian oil right now though
>giving up
yeah ok, i see that. i see that as part of the reason why oil would dump when we accept the recession. but i still think oil companies, especially north american companies, will do well with such a high oil price. i mean, we're talking about a "crash"...to $85
>Moreover isn't all Russian oil now back on the market thanks to Iran/Venezuela style rogue tankers along with Pajeet and Chang buyers? The damage from sanctions is lower long term production because slavshits can't into modern oil tech and higher prices in Europe specifically.
i dont know about all, but i do know all russian oil being purchased by pajeet and chang is at a steep discount compared to WTI spot. russia is selling at a discount because their export market got slashed by sanctions and there simply isnt the capacity online currently to just divert all that lost demand from europe to china. that basically just means there literally isnt enough pipelines ships ports and warehouses to move all the oil that WAS going to europe and instead ship it to china or india

>>49761739
Damn bellevue anon, you got a comfy dinner

>>49759081
*swung you piece of shit ESL faggot

>>49761764
Got to oil up the grill grates, so things don’t stick
Learned that on Americas Test Kitchen

>>49760127
Ah, now for the humiliation of the live challenge.

Bro, I never make it past that round even though I have 7 years of exp. They don't factor in autistic coding gods, they just want to filter for people who can code while being neck watched from behind it's insane.

I hope you make it.

>>49761228
Europe is going to implode holy shit! This is so fucking hilarious!

>>49760701
Small cap value yes, buy AVUV. Small cap growth is going to the woodchipper

>>49761624
>>49761688
>>49761739
3 words: big. green. egg.

>>49761783
Did hulk hogan say something racist, where are all these racist memes coming from? I know he plowed his daughters friend.

>>49760701
We're not in a recession yet, that starts when we are done with the turbodump, which isn't going to happen for another 20%.

>>49761814
>so things dont stick
Try lube then faggot,or coconut oil

remember yesterday when the entire trading day was set in the pre-market by a bunch of European banks?
wtf was up with that?

>>49761880
kek

>>49761853
In this economy!

>smg movie night is one of the highlights of my week

>>49760701
>>49761835
Small caps are the go to the only issue is they get absolutely raped into a bottom.

>>49761892
Europe is pricing in an American Recession which also means global recession.

Lol I just realized there’s people working out in the gym watching me grill

>>49761986
Invite them over anon.

>>49761986
yeah that would be me. im refreshing /smg/ in the gym looking for your grill posts

>>49759017
speculation ive heard is that the fed quietly freaked the fuck out and bought the hell out of the bond market, which caused everything else a bit of a pump.

>>49761786
Less inflation from energy -> less rate hiking expected

>>49761862
We had a negative GDP print last quarter and GDPNow is reading 0.0% currently...without factoring in this morning's dogshit industrial production numbers. We are absolutely in a (minor) recession, the NBER just hasn't said so (spoilers: they won't until after midterms in November).

>>49761986
Go shirtless

>>49759055
assuming that the fed doesnt intervene i agree. but they may have just decided to intervene because fuck your free market.

>>49761907
in any economy. I've had mine for about 12 years now. wouldn't trade her for any other grill

>>49762008
It’s actually a long weird walk to get to the building’s gym from the grill, it’s just the windows are right there
>>49762012
Hi

>>49759017
Kek

>>49761228
>>49761263
it's inevitable, just do it and get it over with. We must isolate to prosper again. Europe enjoyed virtue signalling about how much better they are than America, let them figure it out over there on their own.

Who's grilling the thread?

These guys look almost done?

>>49760933
Lindt chocolate. $100,000 per share at one point. Dropped in price recently but still massively high P/E ratio. It would take a depression to knock it down.

Contributing because /smg/ is slightly good tonight.

>>49762047
they wont until we have multiple consecutive CPI prints showing downtrend in inflation
even then, thats only enough to back off tightening to neutral--still too restrictive to let us reach ATHs, but not accommodative enough for a fat multi month bear market rally

>>49762051
For me it's my Weber.

I never oil the grill. If it's hot enough the meat comes right off when it's ready to flip.

>>49762103
bruh they keep buying bonds for the purpose of forcing the yield curve into the "correct" shape thats intervening like a motherfucker

>>49761647
why is solar and wind so expensive? I was driving by one of those wind farms recently and was thinking about just the land value alone lmao... like even before you put a wind turbine on the thing

>>49758908
Anyone ever play around or look into the UPRO/TMF strategy of Hedgefundie. Should I start a small position?

>>49762159
Expensive, unrecyclable materials. Often with major environmental impacts involved in their production over in Chinkland.

>>49762051
green eggs are awesome.

>>49762142
i keep hearing this in these threads, what are you talking about? the 10 year is out of fucking control. theyre not buying bonds unless im really missing something
anyways even if they were buying the bonds its not enough. we got the clean break above 3% on the 10yr. it's fucking OVER

thread theme:
https://www.youtube.com/watch?v=1OZmCKT4H5g

>>49762162
SOXL/TMF works well in normal circumstances, portfoliovisualizer shows it is exceptional for downside protection. You can really buy and hold that shit even during major corrections EXCEPT when bonds crash alongside the market as they're doing now.

>>49761986
They wish they could have it, while they train themselves in the hampster wheel amenity of Podbox, Inc.

>>49762175
>theyre not buying bonds unless im really missing something
Balance sheet increased 14b this week, 3m previous week.

>>49762198
probably a meaningless drop in the bucket as they move money around or something idk. theyre not doing QE in a meaningful capacity
also, has QT officially started yet? im out of the loop

>>49758969
I’m so scared we are entering the 70’s.

>>49762162
>>49762175
>>49762177
60/40 (which is what the [leveraged equity]/[leveraged bond] ports are) doesn't work when you're in a 70s stagflation environment. And it *really* doesn't work when you have a sovereign debt crisis that's being defused with inflation.

>>49762175
look at whats happened since the wednesday fed meeting. they raise the rate, and what happened to the yield subsequently? it fucking dropped. that's not what "should" have happened. only way the yield drops in the face of a rate raise is a fucking shitload of buying pressure. you think retail did that? to something the size of the fucking bond market? bro come on.

>>49762218
It officially started in february or march as I recall, but the wording they used was that they will maybe try keeping purchases down, they never actually say they won't expand by more than X or anything like that.

If you hang out in another thread on a different board, you may recognize this counter from last weekend…

>>49762224
The ratio that works best in backtesting is 80/20, but absolutely don't do that during the current times.

>>49762222
I met a zoomer who listens to funk. They all it "future funk" or something like that. Groovy. Truly the cycle begins again.

>>49761394
Thanks for the informative post. I have tons of XOM, stock up now?
>Coal stocks are better right now.
Which coal stocks do you recommend?

Thank anon.

>>49762162
There isn't an easy buy and hold strat or magic hedge ratio that works with 3x funds. If you are going to invest in a 3x, you need to know when to sell in bear markets to avoid the 99.9% losses.

>>49762249
>cooking with kay
i donno...

>>49762262
I'm getting worried with XOM diving, almost sold recently but trying not to look and to hold on... I have no idea though it's just a gamble for me. I wonder what the smart anon will say.

>>49762235
They only care about stopping inflation in certain ways, like you losing your job or earning reduced wages. They don't care if THEY inflate. They only care when YOU inflate.

>>49762270
>If you are going to invest in a 3x, you need to know when to sell in bear markets to avoid the 99.9% losses
200 sma lrs

Is OPEC at full capacity? Can they even make more oil?

>>49762324
Yes

>>49762249
Nice sausages rainier anon

>>49762270
What caught my attention was the 300 million dollar performance from just 1k a month on 60/40 tqqq/tmf 1984-2022. 300 million! That’s crazy.

You feel like there are smarter anons posting now that all the dumb newbie investors lost all of their capital?

>>49762396
>>49762396
>>49762396
>>49762396
>>49762396

>>49762405 noot noot >>49762405
>>49762405
>>49762405
https://boards.4channel.org/biz/thread/4976240549762405
>>49762405

>>49762235
probably just bond shorters selling the news i guess? i dont know. the yield is going up long term thats all i care about idk what the fed does day to day. we're not getting QE for years and they are tightening, simple as

>>49762249
just use a fucking cast iron instead of grilling on propane

>>49762290
Smart anon might say, sell 30%, keep cash on the side and buy the dip if it comes but it will go back up by the fall and climb. That's what I'm getting from this thread.

>>49762249
this is based

Don't mind me, /smg/, just testing some text.

Don't mind me, /smg/, just testing some text.

Don't mind me, /smg/, just testing some text.

Don't mind me, /smg/, just testing some text.

Dn't mind me, /smg/, just testing sme text.

Dσɳ'ƚ ɱιɳԃ ɱҽ, /ʂɱɠ/, ʝυʂƚ ƚҽʂƚιɳɠ ʂσɱҽ ƚҽxƚ.

ɖօռ'ȶ ʍɨռɖ ʍɛ, /ֆʍG/, ʝʊֆȶ ȶɛֆȶɨռG ֆօʍɛ ȶɛӼȶ.

ᎴᎧᏁ'Ꮦ ᎷᎥᏁᎴ ᎷᏋ, /ᏕᎷᎶ/, ᏠᏬᏕᏖ ᏖᏋᏕᏖᎥᏁᎶ ᏕᎧᎷᏋ ᏖᏋጀᏖ.

ɖơŋ'ɬ ɱıŋɖ ɱɛ, /ʂɱɠ/, ʝųʂɬ ɬɛʂɬıŋɠ ʂơɱɛ ɬɛҳɬ.

໓໐ຖ't ๓iຖ໓ ๓ē, /Ş๓ງ/, วนŞt tēŞtiຖງ Ş໐๓ē tēxt.

Don't mind me, /smg/, just testing some text.

Don't mind me, /smg/, just testing some text.

Don't mind me, /smg/, just testing some text.

Don't mind me, /smg/, just testing some text.

DӨП'Ƭ MIПD MΣ, /ƧMG/, JЦƧƬ ƬΣƧƬIПG ƧӨMΣ ƬΣXƬ.

∂ση'т мιη∂ мє, /sмg/, נυsт тєsтιηg sσмє тєχт.

Ððñ'† mïñÐ mê, /§mg/, jµ§† †ê§†ïñg §ðmê †êx†.

ĐØ₦'₮ ₥ł₦Đ ₥Ɇ, /₴₥₲/, JɄ₴₮ ₮Ɇ₴₮ł₦₲ ₴Ø₥Ɇ ₮ɆӾ₮.

ᗪㄖ几'ㄒ 爪丨几ᗪ 爪乇, /丂爪Ꮆ/, ﾌㄩ丂ㄒ ㄒ乇丂ㄒ丨几Ꮆ 丂ㄖ爪乇 ㄒ乇乂ㄒ.

りの刀'ｲ ﾶﾉ刀り ﾶ乇, /丂ﾶム/, ﾌひ丂ｲ ｲ乇丂ｲﾉ刀ム 丂のﾶ乇 ｲ乇ﾒｲ.

>>49759257
>Ukraine / Russia discussing armistice
now that's some fucking wishful thinking lmao, this shit is going to go on for a very, very long time