/biz/ - Business & Finance

Hey guys before we get into this thread, I want to talk about /smg/'s sponsor for this evening: Direxion Leverage ETFs is a provider of financial products for investors who want more than the status quo. The company has approximately $30.8 billion in assets under management and their index-based products deliver directional options, magnified exposure, and long-term, rules-based strategies. Direxion's Leveraged and Inverse ETFs provide opportunities for traders to magnify short term perspectives with daily 3X and 2X leverage, utilize bull and bear funds for both sides of the trade, and trade through rapidly changing markets. Their Strategic & Thematic ETFs help buy-and-hold investors achieve long-term outperformance when compared to passive indexes, while seeking more specific objectives such as higher income, enhanced diversification, reduced volatility, excess returns, and more. Their role is to complement your core investment strategies, not to replace them. Their funds allow you to seek opportunities in all market conditions offering fresh solutions to challenge old standards. At Direxion, they are focused on your success. They continuously strive to provide you with the innovative products, consistent performance, and on-the-ground support to help you to take advantage of opportunities, execute your strategies, deliver for your clients, and grow your business-regardless of market conditions.

Now, back to the thread!

>>50674317
Second order greeks can sometimes be important but sometimes not really important for retail traders trading in small size.

They do get really important for everyone in tails events though. The tails on options (~20 delta or lower) barely have any gamma exposure or delta or vega. The risk exposure is mostly coming from second/third order greek exposures.


I can explain a bit more about this sort of stuff in laymans terms if people want, but usually it turns people off. It can be very interesting tho.

The most practical in this Medium article I will post below are vanna and vomma (also known as volga).

But I would strongly caution against looking too much into any third-order Greeks. Quite arguably, the third orders only have implications for market makers to manage their own inventory.

This is a really nice informative post on second and third order Greeks: https://medium.com/hypervolatility/options-greeks-vanna-charm-vomma-dvegadtime-77d35c4db85c

The most practical in that Medium article are vanna and vomma (also known as volga that i meme about with my dumb Hidden Tiger gimmick). But not really that practical either, they just help you understand whats going on a bit but not trade on it.

CLEAN IT UP YOU STUPID JANNIES

>oh bobo, you're time is up

have any of you actually made money from shorting? (and kept it)

>>50674407
CLEAN IT UP JANNIES

>>50674419
i'd short her
with my dick
it's short

SELL NOW, ITS STARTING

sitting here on a warm summer night
no bugs dancing in the street light
bought a month's worth of groceries in a single go
swipe a credit card, eat one every day is the modern daily dose
stockpiling and waiting, when it goes? nobody knows

gains are the ticket out. one more toss, ante, pull
look into my crystal ball, full of crabs and bears and bulls
take your profits but let your winners ride
cut your losses but diamond hands earn property oceanside
>if only I had an edge I'd make big profits
entered into the supercomputer ML algo to exploit those organic dendrites

eat ze bugs! they jest behind monitors in the dark
for a looming future by some ethereal boogieman hierarch
maybe the bugs have evolved, two legs not six
growing and feeding, needing their sticks and bricks and kicks
but exponents and finities never mix
the suits shall forever feast, futures ever bright
feasting on us: ze bugs drawn to the light

>>50674423
CLEAN IT UP JANNIES
>CLEAN IT UP JANNIES
CLEAN IT UP JANNIES
>CLEAN IT UP JANNIES
CLEAN IT UP JANNIES
>CLEAN IT UP JANNIES
CLEAN IT UP JANNIES
>CLEAN IT UP JANNIES
CLEAN IT UP JANNIES
>CLEAN IT UP JANNIES

>>50674405
Thanks for the repost. Likewise, I'll ask it again ITT:

This is a hypothetical spread I made based on SIGA gaining IV. Does it look properly constructed? Other than looking at IV% and IVR, is there any other ways to gauge potential IV movement?
https://optionstrat.com/0eLu2wHroCSZ

so what is your most anticipated earnings release this week /smg/ anones?

>>50674428

all trading involves a entry and an exit. you must know when to long, and when to short. because markets trend upwards, its better to hold long term, but you wont make any money doing that. therefore I have reached the conclusion that shorting, especially in bull markets, is true trading, while longing is just investing with leverage.

>>50674423
>>50674439
Based

Soxl price 2 years from now ?

You did buy puts on friday like i did,right?

>>50674450
OXY and Rolls Royce are the two I care about this week.

>>50674454
How often do things fall out the bottom of a descending channel?

HOGS bros we are healing.... and in a good way
*oink*
>>50674468
About tree fiddy

>>50674237
Stop using my tripcode, faggot!!

>>50674468
Same price as to day, but that's after two splits
(I won't say if they'll be regular or reverse splits though)

Have FATH, bros

>>50674492
>two splits in two years

>>50674419
Yeah. It's not as much as I normally make on the long side because I take profits very fast on shorts due to only trading leveraged indexes, market buoyancy being a risk factor. So even in a protracted bear market I will make less on shorting than I would on trend of similar length going long.

https://m.youtube.com/watch?v=EFl_V9tEYm0

Ngl this is kind of kino. Why does biz hate on this guy so much? He seems pretty chill.

>>50674450
>Pinterest is exciting because SNAP just shit the bed, and PINS similarly relies on as money
>AMD I’d exciting because I think I’ve heard that their market cap has now eclipsed that of intel IIRC
>alibaba is exciting because of the meltdown in the China financial market, although I’m expecting them to just fucking cook their books

You fellers have it all figured out, huh

Buy and hold these in the long run

USMJ
PAOG
OMID
ZOM
CBTC

All are potential growth stocks and OMID in particular is poised for big gains!

>>50674533
Yes, all in TQQQ 16 Dec $45 calls

>>50674480
I dont know but I would make a lot of money.

Also I had this thought:

>At the time of the 1973 oil crisis, the price of corn and wheat went up by a factor of three.
>During the 2000s, the price of Brent Crude rose above $30 a barrel in 2003 before peaking at $147.30 in July 2008. With the onset of the Great Recession, reduced demand for oil caused the price to fall to $39 per barrel in December 2008.[4]
>The 2007–08 world food price crisis saw corn, wheat, and rice go up by a factor of three when measured in US dollars.

So if you adjust for inflation, $147.30 in today's money is approx $198.85. We haven't hit that level on crude oil. However, if you use fibonacci retracement (0.618 levels) then you get $122.89. This is remarkably close to the peak over the last 3 months - Mar 8th had futures close at $123.70, less than a 0.7% margin of error. Unless it shoots up again, I think the price will crab or drift downwards.

>>50674530
So its goes
Red
less red
Red

>>50674428
Wtf is “DEF”?
What am I supposed to see in this picture?
I have no fucking idea what I’m looking at here

>>50674533
i wish

>>50674539
dang you should have sold those on friday afternoon. i mean even if we actually get there, you could have still shorted them on the way up like I described here>>50674419
>>50674509
sounds like youre doing a good job. keep it up

>>50674559
Diesel enriched fuel?

>>50674487
>>50674492
Tnx bros feeling good bout my 34.8 average with 460 shares

>>50674592
>>50674559
Nevermind, based boku no google

SIIIIRS DO NOT REDEEM THE INFLATION!!!

fake red futures. tomorrow is green.

>>50674450
SIGA

>>50674604
Based on what?

>>50674480
One per crash. We havent seen it yet

>>50674619
based on the fact that friday was green.

>>50674629
Priced in

I think I might make a new webm to piss off the bobos

>>50674603
People who are surprised don't know what they are doing.

Is AvePoint (AVPT) worth it?

>>50674638
Go ahead,mumu
I'll piss on the market meanwhile.

>>50674510
Because billionaires that thrive on the status quo talking about solving the world's problems and by 'the world's problems' they mean problems billionaires have with the world.
Reduce you to your economic outputs, cut costs, maneuver government oversight, monopolize industry sectors, reduce disruptions and resistance in populations.

>>50674638

>>50674625
>per crash
Are you talking about broad market crashes, or just a tanking price on that equity? Eg, suppose there's some shitco with decent liquidity that's following along nicely and, no bad news, price just suddenly tanks on only that company. Is that realistic?

>>50674682
I was only referring to broad market equity indices. Shitcoins can break their trends much easier. However any trend breaking is usually based on substantial news coming out; that goes for indices and regular companies
The same isnt really true of breaking out upwards. There is natural upwards pressure in equities these days. Look at tsla

>looking into hospice, hospital, and nursing home REITs as a means to take advantage of Boomers pissing their "wealth" in end of life care
I'll be honest, I am not sure I see anything that threatens this thesis. Ideas memelords?

>>50674721
an economic crash destroying their ability to afford a home and they have to move back in with their own kid lmaoooo

>>50674419
>have any of you actually made money from shorting? (and kept it)

yes, put options on growth stocks that shit the bed on earnings

How much longer until soxl goes back to 57

>>50674405
isn't "intrinsic value" of an option based solely on the difference between your ITM strike price and the current market price?

>>50674762
>goes back
Anon,i..

>>50674762
Two more weeks

>>50674765
Option premia is split into intrinsic and extrinsic value. Intrinsic value is what you describe; extrinsic value is basically the time and volatility and moneyness

>>50674762
how much longer until china invades taiwan

oh mumu, did you know that the fed pivot has been priced in? and we're about to do the kansas city shuffle.

>>50674762
I'm honestly proud of you for holding this long lol. Seen you all year. Mine is 29

So uh
If levered etfs basically lose money over time, who makes money, besides the fund holders? People don't seriously hold them long term and sell CCs against them, do they?

>>50674875
israel makes money

>>50674875
You're supposed to buy not ask about it

>>50674898
I am suddenly in favor of food shortages and famine.

>>50674875
>People don't seriously hold them long term and sell CCs against them, do they?
This apparently backtests fine on 2x. I've never tried it.

>>50674898
Well longing or shorting them for an extended time is risky, because if the market moves against you, you lose a lot very quickly. Not to mention, mathematically a loss hurts you more than a gain helps you (in general, not just with these).

>>50674918
Well look at say, the 2x bear series, those get R/S many times during their lifespan. It would be difficult to earn money on them long term if they keep bleeding out

>>50674932
>2x bear series
No. Only for long. Not short.

i thought we were getting another rocker vid

god it feels soooooo fucking good to think about what those smug exuberant bobos who were calling a new paradigm and selling this blatant bottom are feeling right now. they must be biting their nails, ripping their hair out, staring at their deep red folios losing thousands and thousands of dollars, in a cold sweat trying to buy back their shorts but unable to, they are still thinking, what if we dump next week? surely the fed won't pivot! so they won't buy back their shorts. and they'll keep hoping they break even on their SPY puts with a sky high cost basis. they'll keep HODLing, and they'll tell themselves "Heh, it's just a matter of time before the market takes a fat shit. This bubble can't keep going!". but deep down they know, they did this to themselves. they fell for obvious tricks and were easily manipulated. they lost all their money FOMOing and will live as slaves all their lives as a consequence. they'll hold their triple leveraged inverse ETFs until they're penny stocks or get liquidated. some of them won't be able to stand the humiliation and will end their lives. others will become lifelong drug addicts or develop chronic mental illnesses. they will go bald and develop ulcers. but i don't feel bad for them. after all if they weren't so greedy, this wouldn't have happened to them. and we warned them, oh, we warned them so many times. but they didn't listen. so i think of them, and laugh. i laugh and laugh at their misfortune. and at all the money i am making off their backs. thank you, you dumb, gullible bears, for entertaining us and helping us make more money as the world *gasp* doesn't collapse around us and absolutely fucking nothing happens. i look forward to letting my short puts expire worthless, thanks for the premies losers!

signed, mumu

>>50674940
Right but that's what I mean. Ignoring the ability to perfectly time the market, someone other than the fund managers are making money on this product. They have to be. That's what I'm trying to figure out.

>>50674963
Didn't read,mumu

>>50674963
I'm early but not wrong

>>50674428
>not just pissing in the DEF tank
DEF is literally just synthetic piss, and no trucking company gives a fuck if they have to replace the DEF components in your rig months after you last drove it to keep it running during a fucking shortage. It's literally, unironically just piss - urea and deionized water.

>>50674974
The money goes to whoever sells the etf the levarage.

Holy shit, Avaya (AVYA) has lost 97% of it's value since Feb 21

>>50675067
So that means it can only go 3% down?
That's a must buy.

>>50675079
It actually has like $3 bn in debt, so it's basically bound to go bankrupt and bought out at some point.

>>50674654
Lmao. Some anon shilled it here last year and I lost $1k on it. I think it's a poorly run meme company.

good buy?

>>50675110
Only if he turns it into an NFT.

I have never traded before I swear! I have no idea what I am doing… Actually real talk I hit over 80,000 on $AMC calls a while back… I bought 20 calls with strikes ranging from 15-40 with an expiration of maybe a month out… the price per share was $3 at the time, they call these, YOLO calls, you go broke if you don’t know what the hell you’re doing… I knew coming up on midterms we would see a big uptrend on sectors that were super hot to gain back investor confidence… tech is getting blasted, it usually does when a recession is at the forefront! If you have money, invest… I don’t have 2,500 followers on StockTwits because I suck… yes I take Ls, everyone does, they would be lying if they said they didn’t! BTFD Let’s gooooooo!!!

>>50675110
The holocaust had little to no historic value :^)

>>50674875
Oh hello pajeet, trying to anonymously crowdsource an inorganic opinion on /smg/ again i see

>futures

>>50675178
I'm looking for different ways to build option spreads, thanks

>>50675150
It is historically undervalued at approximately 600.

>>50675193
Why dont you spread open your asscheeks and give me the option to fill your bussy

>>50675229
Don't buy siga

>>50675110
To pass down, sure, probably. Hitler's name's still going to be easily remembered in a few hundred years and the nazis will just be another historical fascination instead of causing social unease.

Or something else I see is that many CBOE option indexes seem to hedge the downside short risk with eg 1 month treasuries / money market. Why is that? I don't really know much about bonds (I understand how the work mechanically, but not the >implications)

>>50675182
>pasts

>>50675182
>we're heckin down a whoppin 0.39%! Take that, mumu!

>>50675229
Hate to break it to you anon, but despite you clearly not being gay this action will put you at risk of contracting the pox. Very bullish for pox stocks.

>>50675277
>0.39%
Oh im just warmin up,dont worry,soimu

>>50675283
do americans really

>>50675294
Actually Israeli nationalists are in fact, Israeli citizens, not Americans

>>50675294
>Americans
Anon... I...

>>50674644
dumb retarded street shitter is confounded by numbers, good thing we gave him an important position!

>>50675110
>$1.1 million
What a steal

is this too obvious?

>>50675373
It's a possibility, not a certainty.
https://www.youtube.com/watch?v=nfwqg-dJ8fg

....encoding my new webm now
I tried learning some new techniques for this one, so the quality might not be at the same level you guys expect, but bear with me...

>>50675441
I hope it's something cute or sexy and not something gross.
I don't like gross things.

>>50675464
It's kinda gross I guess...

>>50675480
Too much mouth movement for the speaking scenes, also delusional sentiment. I give it a 7/10 but could be upgraded to a solid 8.5/10 with some more work. Video quality was solid otherwise.

>>50675362
it really was, holy shit that is way undervalued

>>50675464
cute feet desu

Cancel the moratorium on student debt and you'll crush inflation overnight. It's effectively a $400 to $800 monthly stimulus check to the average retard that fell for the college debt meme.

>>50675373
Yeah, seems a little off. How's this? /NQ to 16000 my brosephs

>>50674384
How did one old man with dementia beat a recession all on his own?

>>50675464
whoa, wtfwt in my pants

>>50675519
That's the best TA I've ever seen? Mind if I steal steal it off you?

>>50675480
this video will be relevant for all of 3-4 weeks until bear market resumes

Is Tiktok going to get shitcanned?

>>50675502
the bulls are back, people want to buy.

>>50675502
Thanks for the notes, I might make some more tweaks tomorrow

>>50675531
no lol zoom zooms and millis are addicted to it.

Happening in the Balkan area, what do we do in case it escalates?

>>50675544
Pray to shrine of Tito

>>50675306
To add to that, you can die from the pox even without the visible symptoms. Death in India confirmed that recently.

You could already have it and not realize you caught it airborne or surfaces that gays have touched psychically. Shit just got real.

SOXS holders you beclown yourselves

>>50675542

I hate China. I hope all their shit is banned. Why the fuck are we sending all our data to China?

>>50675480
Beautiful

>>50674450
Oil bros... We finna PUMP

I have a bad feeling, SIGAsissies. I don't know why, but I can't shake it. I need some hopium STAT. I can feel it. I can feel it. TELL ME I'M JUST BEING IRRATIONAL.

>>50674450
NET bros WAGMI

>>50675294
Ramzpaul is based

>>50675581
what do you mean? every big tech and gov has all are data already, why cry when the damage is done? tik tok lol tik tok. muh modern day trojan horse. works every time. what old is new again. amerisharts lol

>>50674450
>DKNG
I almost forgot about that pile of shit. I remember arguing with some retard here about how shitty it was back in January.
>ABNB
Literally the American misery index.

>>50675581
>Why the fuck are we sending all our data to China?
TSLA definitely is as part of their Shanhai deal with the CCP.
BELEEB IT
>>50674450
I forgot that MSTR is on Monday. That is a great short
>but le Boomecoin is le future of le money
Even if I huffed that much glue, MSTR is valued at 3x its BV which is a big deal since almost their entire BV is debt on Boomercoin.

>>50675625

You think I support GOOG just because they are an American company? Tiktok is first on the chopping block. No need to give data to China.

FB and GOOG should be destroyed next

>>50675673
based, just gotta burn some server rooms down bruh unless they have them on the moon...

>>50675587
The age of the tech tranny is over.

>>50674602
Hahaha thats just piss lmao. Just piss in your tank stupid trucker hahaha

>>50675595
did the gaysex stop? No
the FDA said that tpoxx is not approved for mpoz, that's literally all they said. We already knew that though and it doesn't mean that it won't get approved. It IS approved in EU and the UK for mpoz and they are also already using it in the US for treating mpoz.
it's just a matter of time before they approve it, if they don't I'm really going to start believing the schizos who are saying this is all part of (((their))) plan

>>50675480
At least it's on the right side of history.

kek bobo's so fucked. It's gonna be non stop anal until December

>>50675530
For the next 3-4 weeks I will be making a lot of money.

>>50675757
August 12

>>50675773
What happens on August 12th?

>>50675779
2 weeks will have passed.

>>50675822
czeched.

Uhm, no offense mumus, but the last time we pumped like this was the week before Christmas. Seriously look at the chart it’s eerily similar

>>50675822
kek

>>50675822
lmao

>>50675531

What's hilarious about this is the notion that any US corp could keep anything from the CCP. As though 50% of Chinese employees aren't spies getting paid to send shit back.

>>50675779
>>50675822
Bravo

>>50675885

Must add insult to injury with the CCP. Everyone thinks I'm stupid or naive etc etc. Yes I know American big tech is as bad as it gets. But it's time to fire a shot across the bow. CCP is turbo garbage

>>50675885
>50%
100%. And good luck trying to get them out without being shitcanned from your job for being a racist.

>>50675502
>Too much mouth movement
You are a pleb. It's channeling Kung Pow.

Uh oh boilers...

>>50675862
Yeah, well I was eating minestrone soup the day before that pump and I just ate it again.
Checkmate.

Is pelosi saving my shorts?

Based?

>>50676118
>BOIL
>not PEO
Git gud.

gonna market buy FATH on open
what could go wrong

SOXL 22 EOD.
SOXL 35 EOW.

>>50674450
Looking forward to amd to decide to buy that over Nvidia with my last bit of cash. I'll watch sofi because I'm a bagholder and I'd like to see whether I'll ever break even or if I only need to wait 10 years.

>>50676356
Debating dumping my SOFI bags. Fuck I’m dumb.

>>50676389
What's your average?

>>50676411
Near the top

I need to liquidate some of my stocks. This is an alien experience too me

Maybe BTC could create some fomo if they did a 10,000:1 split

>>50676427
Why not sell an OTM call that's still close enough to bring in a few bucks, chip away at your red while you wait?

Is it too late to jump onto the SIGA train?

>>50676559
A shame you missed that flash crash to $13 buy in opportunity on Friday.

>low ESG outperforms high ESG
Why do people buy ESG stocks?

>>50676658
Tesla needs to do well, not because I like Elon or his shitty cars but to btfo ESG

when stock makes a big jump does it always pullback a little?

Fuuuuuck why didn't I buy more SIGA

>>50674384
shill me a 10x in one year stock

>>50675598
I wouldn't mind a bit of a dump so I can accumulate more

>>50676356
I'm either averaging down on the next SOFI dip or selling for 30% profit at 9.

>>50676559
Put a buy order in at 15 and forget about it.

>wanted to see a music festival
>tickets cost about as much to get CKAD certified
>there is literally nothing free or fun for young people
Short music.

You want to buy SOXL before the open.

>>50676853
Worked for me on Friday. Didn't expect it to fill desu

>>50676649
Yeah, I had already written it off until I saw that
>>50676853
Fuck it, I'll do that
I want that gay sex money

>>50676916
Friday morning I predicted a dip to 17-18. I didn't expect a dip so low with a snap back.
If you look at where it dipped to you can see the lower line of the range.
I think it will dip to 15-16 sometime this week.

>>50674875
Whoever is selling them the calls or puts that give the fund leverage.

I’ve wondered if ETF houses could fix this by balancing in house against their two opposing funds. But I’m guessing that would be impossible due it being them creating an internal market that is small and could get thrown off balance easily

>>50676930
It's not a bad play. I'm not doing it, but that's how I'd play it.
Just be patient and you should be able to buy at 15 and sell at 25.

>>50674932
I’ve been hurt bad holding bears. But I think the leveraged bull funds probably support better due to dividend payouts of the underlying holdings balancing the cost to stay leveraged. I built my own version of a leveraged energy etf in my IBKR account because they have the lowest margin lending rates. If the companies pay enough in dividends, it will offset IBKRs margin lending rate.

>>50676658
In that study it's ultra low esg, it's mostly coal, weapons and tobaco in the non esg portfolio.

>>50675017
In theory yes it is. In practice the % is held tight at the 29.5% which also gives the lowest freezing temperature. OEMs are required to have sensors that can detect this %.

Kek, stop wasting your time anon, just check Yopi Network

>Backed by physical gold
>RPG games with many payout features depending on the desires of the player
>Yopigold pursue price stability by buying physical gold

Don't waste your time on me, you're already
The voice inside my head

>>50676992
Shut the fuck up pajeet retard.

>>50676389
>>50676779
Yeah I'm debating dumping it or just not dca anymore. Gonna move on with funds. Will leave it there and write it off in my mind as a dead company until otherwise.

>Warren Buffett

https://www.youtube.com/watch?v=k7BUe9ru3cc

>>50676658
They do it to spend money on political lobbying.

>>50676732
You see what you gotta do is find some dogshit startup that has been trying to raise money for 15 years but has a new board and buy shares for 0.01

yall wanna get down on MGAM? ipo'd last week and no options yet low float and can only moon. shit went to 18 pm but back to 15 rn so you might catch a good wave today if you got some spare lunch money boys

>Record profit
>Everything pumping
>The best placed steel company to an weather energy rise
>Still manages to lose money

Many such cases.

>Dead mumu posts
>Dead bobo posts
>No crab posts
I think we all know what kind of day we are going to have.

>>50674419
I shorted crypto shitcoins since like Nov 2021 and made some good gains with 1.5-2x leverage, you just gotta be patient go balls deep and wait. I got lucky because with a bag of shitcoins I caught LUNA for nearly 80% and used all that to short gain and everything dumped. More than doubled my crypto money and I kept it this far at least and I'm out.

Not shorting now though, not as clear and it's only good when the market gives you free money because of the significant risk, when it's not free and easy to tell, say by normalfags and so on, I just long, not a shorting kind of guy myself. I'm just accumulating stuff now.

I briefly had shorts in TSLA and GME as well but I had a stronger long idea long term so I rotated the money. Was down like 50% on TSLA because I shorted at around $850 and it went to $1200, waited until it went around and exited because I already wanted to rotate and realized it was gonna take a long time and my money would be better employed. Made 50% on GME and exited.

Not I'm using the gains to invest long term since I have more ideas and leverage now

>>50676984
It's this paper.
>What are the consequences of widespread ESG-based portfolio exclusions on the expected returns of firms subject to exclusion? We consider two possible theoretical explanations. 1) Short-term price pressure around the exclusions leading to correction of mispricing going forward. 2) Long term changes in required returns. We use the exclusions of Norwegian Government Pension Fund Global (GPFG -`The Oil Fund') to investigate. GPFG is the world's largest SWF, and its ESG decisions are used as a model for many institutional investors. We construct various portfolios representing the GPFG exclusions. We find that these portfolios have significant superior performance (alpha) relative to a Fama-French five factor model. The sheer magnitude of these excess returns (5\% in annual terms) leads us to conclude that short-term price pressure can not be the only explanation for our results, the excluded firms expected returns must be higher in the longer term.
5% a year is a lot of Fama-French five factor alpha.
https://ssrn.com/abstract=4095395

fucking Pelosi causing TSMC to dump. I'm not even american and I hate her.

>>50677068
Individual stocks aren't the problem. The macro is the problem.

>>50676943
Yeah, they'd be vulnerable to attack by arbitrageurs.

also
>>50674974
Short term trading works, and hedging strategies can make good use of them longer term. If you're rich enough to be unliquidatable you can short with impunity. If you don't need to worry about capital requirements you can short both the corresponding bull and bear versions.

>>50677199
ON reports today, so it doesn't matter.

>>50676658
Some would rather virtue signal than make money, and also because Fink shills them so he can overcharge the virtue signallers for shitty returns.

The Mother Of All Meltups (M.O.A.M.) is today

>>50677309
yep, bulls are back baby. and we are buying

>>50677303
>Fink
That faggot probably did more damage than the government when it comes to investing

we gunna go to the black line?

>>50676984
Based

>>50677366
>buffett
Oil will not be going with you, Buffet is buying all the OXY and CVX he can.

>>50677366
not with the 10yr under 3%

>>50677366
>chart only goes to 1990 despite the fact buffet has been trading for like 100 years
kys

>>50675480
I'm a part time bobo but top kek!

>>50677351
Dig deeper and you'll find there is little distinction between them.

>>50677351
That was his plan.

jfc VRAX went from $29 to $5 on friday

SI-GA!

SI-GA!

SI-GA!

There is basically no way Europe doesn't go into a hard recession, the real question is will a European recession drag America and China down with it.

Yeah, I'm gambling on BBBY

>>50580412
>>50579326
>I don't crank it to pictures unlike most autists here. I can never be fooled. I only crank it to a specific type of pussy too, that science can not replicate. I will never coom to a tranny on accident or get hard. I always do a pussy inspection before I decide to fap the the video

I'll eat a 3 for free to fool you

>>50677539
God I hope so. I want epic cheapies..

You have got to be kidding me. How the fuck is Tesla at 900

>>50677539
China has it's own recession thanks to the debt bomb finally exploding. The US won't be hit as hard, but it will still get messy.

The good thing for US consumers is that the dollar will get even stronger while china and poorop need to sort their shit.

SIGA OR SOXL

which will give me better returns this week

>SIGA can’t stay over 19

How over is it?

>>50677676
Crazy thing is I haven’t seen a price drop in a lot of foreign goods. I work in home theater installations and the foreign speakers and electronics are not any cheaper. Haven’t seen much benefit from a strong dollar

>>50677654
Sauce?

>>50677734
not yet

>>50677748
>Selling chink A/V equipment out of white van in a shady parking lot
Based and scampilled

Today I predict that the price of shares in several companies will change throughout the day

>>50677673
Tesla is the next aapl

>>50674450
OXY STOR LEU KTOS LILA, in that order

KNOW YOUR FUCKING PLACE BURGERS
CHINA IS IN CHARGE NOW

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

BUY BABA

>>50677843
would be funny if they arrested her

>>50677797
Pepeadamus

>>50677860
some time in reeducation camp would serve her right

>>50677876
my guess is she won't go to taiwan and it'll be another boring nothingburger. US will back down.

>>50677748
>Haven’t seen much benefit from a strong dollar
Because your economy is collapsing.

>>50677895
yeah and her husband will have bought the china dip

>>50677843
>baba
I get 'namflashbacks just reading the ticker

Stonks, stinks or crab today?

>>50676987
I know for a fact and from experience you can just piss in the DEF tank and it'll run. Unless you're on some 2022 year model fuckshit it will work, and if you are driving a brand fucking new shitbox and run out of anything you're a goddamn idiot or working for goddamned idiots. Period. Just fucking piss in the tank.

>>50675480
how do you make these?

>>50674963
No one is reading that wall of text

SOXL to the mooon sisters :)

Buddy chek the Siga Computers Technology Pre market

while you niggers were laughing friday saying that SIGA is over and we got rugpulled I doubled my position because I in fact am not retarded.
Witness me while I earn more money in a day than you will waging for a month

>>50677917
stocks can't launch unless DXY falls, and while everyone screeches about taiwan, pelosi is actually on the sales circuit for IPEF https://en.wikipedia.org/wiki/Indo-Pacific_Economic_Framework to get these places spending their dollars again

>>50676860
>oh nooo I have to spend $2-400 on an extremely fun music festival I will probably never forget
If you can’t afford to spend a couple hundred on a fun music event a couple times a year why are you even on this board?

GeoVax is up 50% pre market lmao

Guys...

Amazon just laid off over 100k warehouse workers.

https://www.zerohedge.com/economics/amazon-cuts-100000-employees-workforce-single-quarter

Good god, this shit is looking REAL bad. If a trillion dollar company had to do that, then...we are not heading for a recession. Its a depression.

>>50677951
What do you plan to do qith that gigantic pill there bobo?

Also why are my oil bags shitting the bed? Who said what this time?

>>50678027
Actually bullish according to clown world rules

>>50677987

the bear cope this week will be delicious

>>50678027
>work in a cage and piss in bottles
>takes you 45 minutes to walk to your workstation, 45 mins to leave at end of shift
>get laid off

Oh no no no wagiebros…

>>50678027
Oh look, bobos scrambling to find any headline in the hopes it will trigger a sell off. Pathetic, really

>>50678048
Bullish for humanity, bearish for the entirety of the rest of the markets.

>>50678002
That shit was like 20 bucks 40 years ago you fucking jew.

>>50678010
holy shit I almost forgot I also had this gem
thanks to that anon who suggested this one. Already +130% on this meme

>>50677117
sold this last week because I realised the dividend is just once a year lol

>>50678002
>extremely fun music festival I will probably never forget
I have been in a mass panic before and I'll never forget that for sure

>>50678010
Of course smg picks the wrong monkey stock lmao classic

>>50678074
Yeah and beer was $1 a case too what’s your point? Music festivals are immune from inflation? Yeah they’re probably jewing people a bit, maybe they could be a little cheaper, but I’m not poor so who cares

Apple is tanking futures

>>50678027
by the time they need to hire again, they'll replace those people with machines.

>>50678128
Thats funny I figured itd be AMZN, they had the bad earnings

>>50678115
>Wrong monkey stock
Not if you're a fatass paid shill that likes to flash his cock when he isn't pushing companies that prop up larger 'tutes margin bags with retard fomo.

>>50678087
comped

Oil bros, why are we dumping again?

Is GOVX even monkepoo? I thought they made something for Marburg

Meds

>>50678118
20 bucks 40 years ago would be $61.41 after inflation, retard. $400 is 6.5 times higher than the inflation adjusted price.

>>50675464
n-nakadashi

Did you enjoy Friday's fake and gay pump?

>>50678241
oh yes indeed! but frankly not as much as I enjoy today's pump. Tesla calls up 40% already kek

Uh Mumubros... I thought the bull market was back...

Oh no the self hating burgers betting against their own country are waking up

>dumb niggers waking up thinking -0.3% is crash now
Shut the fuck up. I'm overall bearish on entirety of US but you faggots being euphoric over less than half a percent is ridiculous considering last pumps.

And hour more until I'm no longer bored

wtf was going on on soxl? it pumped and dumped PM like a shitcoink8tw4v

>>50675480
*Claps*

oh hi GOVX

>SIGA giving up almost all of its premarket gains

Prove to me it isn't over for this pnd bioshit

>>50678027
incredibly bullish, next quarter's earnings will be even higher.

Holy FUCK why didn't I buy GOVX

lol. lmao, even

>>50678456
school is starting soon and everyone thinks its the first std in human history that you can get on your hands.

>>50678309
>I'm totally bearish but also the market isn't going down guise
Well I'm 100% bullish but the pump is over

>>50678456
Still $1.35 above Friday's close. +7.5%.

FNGD is a piece of shit

>it's not crashing haha SPX > 4100 forever

polosi must have bought vix calls

>*PELOSI TO LAND TAIWAN TUE NIGHT, MEET LAWMAKERS WED

>>50677100
i once found one and really were about to buy it but than i thought its just too unlikely and a waste of money and now it 15xed

>>50678516
The fuck happened to all their cash? It was as much as a tier 1 bank.

>>50678545
blah blah blah, all I'm hearing is bobo is a gay retard. It's healthy for markets to experience a pull back after rallying 13% in a month. We'll be ATH by the end of quarter.

>>50678563
It's over sell everything

>>50678518
>inb4 Democrats use this to shut everything down and send out hundreds of millions of unsolicited mail in ballots

>>50678518


10% Mortality is this real??????

NEXT
>>50678594
>>50678594
>>50678594

Let's see if the paper tiger has any bite.

>>50678563
Sauce?

>>50678508
HOLY FUCK, I DIDN'T GIVE A SHIT WHEN THEY WERE TALKING ABOUT IT. FUCK MY LIFE FUCKKKKKKK

>>50678563
i really hope this cunt starts ww3, we are missing the window to teach these fucking zoomers how to have some fucking respect for the country

>>50678518
>first std in human history that you can get on your hands.
Thats not an STD then, retard

>>50678626
I bet you shake hands with woman you're not married to.

>>50678583
>it's a healthy dump
>i-it's not the top, it's the new bottom
>SPX 5000 anytime now
lmao

>>50676709
It’s up 8% from Friday close, which it was already up 8% in the after market. So it hasn’t really moved since Friday close yet. Might want to wait

meanwhile PLTR keeps going up

Based God-Emperor Biden brings down gas prices by tweeting alone. Watch this madman walk on water shitskins! Cucks BTFO again!