/biz/ - Business & Finance

Worst /smg/ ever

SOXL shills show yourselves you lying faggots

>>51018473
no

>>51018473
lol you still bagholding $70 SOXL kekek

>>51018486
Is it a good buy at $20 though? My cost average is actually $37

>>51018494
Tough to say, if the fed doesn't actually pivot and nvidia craps the bed could be very bad. Just like the rest of the market

>>51018478
BULLISH for siga.

Oh! Oh! she licked me like ice cream.
Dip him with my dipper, we be drinking up the liquro.
Party like his yo birthday, shake it like an earthquake.
Melting like an ice cream cone, going for his danger zone.
Go inside my lolli
Sugar-sweet, cherry topped.
For sure fit, too legit
Hot spot, twink it bitch.
Strip it down, work it up.
Baby, let me fill your cups.
O to the M to the M to the G
Sticky messy, taste my treat
… Scream for my ice cream.
Tell me all your dirty dreams.
Scream for my ice cream.
Well show me what's your fantasies.

Got a monster in my pants!
And if you ever get the chance
Gunna cram it down your throat

>>51018403
I'd wait for signs of a reversal on shop before selling a put on it. You don't want to get stuck with shares of a stock as it makes new lows.

>>51018520
Why’d you guys tell me it was good to trade? It just went down so fast you couldn’t do anything about it

>>51018494
$12 after reverse split is a good target.

>>51018520
Fed isn't pivoting with an inverted yield curve.

Winter is coming.The fed wont save you,mumu

>>51018558
It is a good "trade". Just an exceptionally poor "investment". lol

23 minutes to movie night! Tonite's feature is Incantation (2022), super scary spook film looks like

>>51018560
I don’t understand that that means. I saved up $18k from working and my grandma’s will of $5k. Almost 80% of that is gone to SOXL now.
I’m sick of the bullshit trolling around SOXL. I can’t even tell if it was shilled here ironically or not, but it seemed like a good place to store money based on the backtesting people in here did. But I fucked up big time by blindly following people here.

I’m just going to put my remaining chsnge in SPY and VOO

>>51018572
When China invades Taiwan. Bobo will become SUPER BOBO.

>>51018450
>2000 was 38 years ago

Think i found my next chink pump and dump, gct gave me yellow fever.

i'll make sure to call it out here after i've bought in on open

>>51018597
next time cut your losses at 10%. by the time your 80% breaks even after all the chop you will have missed so many opportunities.

>>51018623
the eyebrows on that dude on the right lmao

>>51018601
>china goes all in SQQQ shorts
>blows up TSMC
>.....
>buys america with profit.

>>51018597
Buy the gayvax and sell January. Make all your money back. I told scoops to do that when SIGA was 9 dollars and he would have made back all his meth losses. BVNRY is your saving grace

>>51018597
yeah i always recommend people starting out putting their cash into some 1x index fund like VTI, VOO, SPY, QQQ. Losing money happens

>>51018594
Finally, a modern movie

>>51018668
More like
>China buys up SQQQ stock
>Fucks up COVID and their economy
>America buys up YANG stock
>Global collapse happens
>US goes back to gold standard and uses YANG profits to buy up all the gold
>Fed is destroyed
>Just as Planned

>>51018597
Stop it you fucking loon. Put your money in a blue chip mutual fund and stay the fuck away from crypto. It's snake oil.

>DXY skyrocketing
I don't get it. I thought the dollarino was dead.

Is this unironically the melt-up?

Guys I don't do options and mainly trade futures. Let's say there's a stock called VEI and it is currently at $30. What if this scenario were to happen.
>Sell puts at 28, collect premiums.
>Stock goes to 28
Can't I just exercise it and sell the shares immediately?

>>51018623
Hell yeah brother

>>51018728
you can't exercise options you have sold. The person who bought the contracts is the one who exercises.

>>51018728
you can buy back the option at a loss

>>51018725
Due to the entire world going retard at the same time and opening up ironically too early while still having pandemic laws that stop any industrialization, the US is probably going to have another golden age once again due to the world's retardation and refusal to protect shipping lanes. Dollar will remain stable for everyone on /Biz/'s lifetime

>>51018725
other currencies are cratering because china is doing QE to prop up their failing debt-ridden economy and europe is still on near zero interest rates from coofid
therefore the dollar is appreciating relative to the other currencies even when the dollar is devaluing mom relative to itself.

>>51018708
The future of fiance and payments will be on the blockchain. Yeah tons of cyrpto are ponzi schemes, but not all of them are. FAGGOT!

Get off the computer grandpa.

>>51018597
What's your average?

Movie night movie night, get in here! Tonite's feature is Incantation (2022)!

>>51018728
>>51018737

Depending on how much time has passed and if there has been a vol crush an option can go in the money and still be profitable to buy back.

>>51018756
Tell me about the problem that crypto solves.

>>51018756

>>51018644
What do you mean by “the chop”?

>>51018761
also true
time is on your side as an options writer

>>51018764
The automated clearinghouse is just too fucking slow

>>51018708
What’s a good bluechip? AMD? TSLA? SHOP?
>>51018689
I think I’ll DCA into VTI and VOO and SPY and QQQ

>>51018758
$37

Just think: NEETs used to think their trump card was not having to go anywhere and being able to lie on their beds browsing 4chins etc. all day. Now thanks to Covid and WFH, the rest of us do that but also get paid vast multiples of whatever paltry amount they get in NEETbux. Think how fucking furious they must be, the dawning realization that they've wasted their prime years.
I now spend the day playing vidya and browsing 4chin, the only difference is I have to spend some 4 hours max Monday to Friday writing a bit of code in exchange for a six figures pay check

>>51018807
what degree do I need to do this
I'm about to go to school and I noticed a lot of people posting about very high salaries in SWE

>>51018807
Next downturn you goofs are on the first round of getting fired. Hope you're stacking.

>>51018764
>draconian governments deciding what you can and can not spend your money on.
>inflation
>borderless currency
>free speech

It's great if it's decentralized, and liberty focused. Now if it's a CBDC-ETH-Chainlink type globohomo coin, then our future is looking bleak.

>>51018728
If it dips to 28 then the profit or loss will depend on how much theta decay and IV crush have happened. So if it's expiring tomorrow then you have more leeway, if the dip happens the same day you sold you'll be at a loss because the deltas will add on to more than you just sold it for, every dollar it goes down.
You do get premium but you need the extrinsic value to erode so you can buy it back for cheaper.

>>51018807
I get 40 an hour plus 1000 dollar weekends. Eziest money. You literally just have to show up. Neets are fucking stupid. They make 300 bucks a week if that and think they are out jewing the jew.

>>51018728
Oh and while you can't "exercise" a short put and usually wait to be assigned, if the extrinsic value is gone you can execute a "covered stock" spread order to buy 100 shares and buy back the put. I rarely do this personally because market makers won't fill your order unless you add 20 dollars for no reason.
So in a scenario where VEI dipped hard and the extrinsic value is gone, let's say it dipped to 20. Your short put is 800 and you're buying 100 shares at 20. It adds up to 2800, just like getting assigned. But again, they won't fill your order without some icing on top. I only ever do that if I'm expecting a pump and want a full 100 deltas on the way up.

>>51018847
Ok so on this chart here. The loss here would be if I were to buy back the contract?

is seeking alpha worth it for their screener/quant ratings? any other services youd recommend biz?

>>51018896
no, that would be your profit, because the option declined in value

>>51018807
Tech is about to get rugpulled hard when psychopath CEOs start auditing where every last penny is going and circlejerking about "productivity". Now that money isn't virtually free for them to borrow anymore.

>>51018905
Seeking alpha is worth installing ublock origin for, yes.

>>51018923
You see there is this whole thing about productivity, a lot of people are kind of retarded so not all work is created equal. It is very plausible that some autists 4 hours of work is more, better, and of higher quality than his colleagues several days. On top of that, even in the office, very few people actually can focus for more than like two hours.

>>51018896
That's a little confusing. Can you explain your situation in plain terms with the exact ticker, premium collected, strike, expiration date, put or call? And what's the current price of the ticker.

>>51018949
Ok I probably made it more confusing than I should have. Here's a hypothetical.

>MSFT currently at 285.03 08/21
>I SELL 270 puts for 09/02 for a $263 premium

What am I looking at here on this chart?

>prospective tenants viewing my apartment
>had to empty all my piss bottles

I know /smg/ can relate.

>>51018978
Left to right is profit gain due to the decrease in premium value related to the fewer number of days left on the contract.

Up to down is the decrease in profits due to how close/passed your strike price the underlying stock is.

Your profits are capped at the premium you sold the option for.

>>51018728
>sell puts
>can’t I just exercise it and sell the shares immediately
When you sell an option short, you don’t control when/if it’s exercised.
You would be assigned.
Unless assigned early, assignment happens over the weekend after Friday expiration.
You could then sell the shares on Monday at anytime, even pre market.
A word to the wise, now is not the time to be selling puts anon.
If anything sell OTM calls.
NVDA earnings are this week and there is a risk companies in general start doing mass layoff and we enter a real recession

>>51018931
Premium or just free?

>>51019075
I don't pay for shit.

>>51018978
You should hit the line button under chart style, it's much clearer. But I pulled up that 13 dte on thinkorswim, it's going for 114 dollars, so 263 is incorrect. It's -14 delta, so as a seller every time MSFT dips a dollar you'll lose 14 dollars. The deltas will change with time, direction, and volatility though. The gamma is around .01 so I'll ignore that.
The 275 is going for 1.80 so that gives you an idea of what would happen if it dropped 5 dollars right after you sold it.
If you can get any theta decay and IV crush in your favor that helps erode the extrinsic, but at the same time gamma will work against you to make last minute moves before expiration add up quickly by ramping up the delta to -100 for itm puts. Then you'll feel the force of 100 dollars loss for every dollar drop working against you.

>>51019044
yeah a set of missed earnings in major companies could easily spark a capitulation crash
given how far wmt guided themselves down and nearly missed anyway I can see a few like amd and nvda missing

>>51018978
If you’re doing a 1:1 cash secured put, you might want to just buy shares and then sell an OTM put and an OTM call against them for 2x the premium (assuming you are fine with adding to the position if you are assigned on the short put)
>I have 100 shares of RL @ 99
>sold 85 P that expires Sep 16 for 1.90
>I’m fine with adding 100 shares to this position at 85
>sold a 100 C against my shares that expired worthless Friday
>Sep 16 100C’s are going for 3.00
>Sep 16 105C’s are going for 1.50
I’m going to sell another call against my shares Monday.
I like RL and by using margin to buy the shares (25% long requirement), I have a lot more capital available for other positions then if I sold one cash secured put that needed 1:1 coverage.
I basically get 2x the premium by selling both a put and a call.
If I get assigned on the call, cool keep all the premium and make a slight profit on the spread between strike and purchase price.
If I get assigned on the put, also cool I get to add to my position at a 15% discount and keep my premiums.
This is just an example anon. RL is well insulated from demand shortage because rich people still spend money on nice shit during economic downturns while TGT and other stores are seeing a drop in demand.

>>51018896
Yes that is correct for a put.
>>51018913
He sold a put, it gained value as the stock came down
>>51018978
Option are perfectly priced (most of the time). At as time passes theta decays the option value and movement of the stock will increase or decrease the value of the option. That graph is a THEORETICAL value of the option as time passes and the stock price changes.

>>51018735
>>51018737
>>51018761
>>51018847
>>51018880
>>51019031
>>51019044
>>51019101
>>51019130
>>51019149
Thanks friends. I learned something today.

Finally have enough to comfortably to daytrade, why isn’t there a fucking discord for all you retards to conglomerate and daytrade together in?

>>51019165
I'm suprised they helped you,lucky

>>51018947
This simple fact breaks so much shit in 21st century economics. People are far more interchangeable on assembly lines than in cubicles.

>>51019110
I definitely think NVDA will miss. With ETH mining officially dead, there is a flood of used GPUs on the market.
Even new GPU are getting their prices slashed because there is now zero demand from crypto miners.
I think NVDA will miss, they already lowered guidance preemptively causing MU and other semis to do the same.
Even if they “beat” I’m guessing future guidance is also going to come down.
I’m going to drop a couple thousand on 2.5 weekly bear spreads Monday with a return/risk ~1.0

>>51019186
discord is gay and an SEC honeypot

>>51019186
Who do you think owns Discord? Hello.

>>51019186
Day trading is to have fun not to make money. You did paper trade every day for at least a month right?

>>51019186
I'm in one daytrading discord spun off from /smg/ and it's some mid bruh no cap

>>51019229
A discord defeats the purpose that /smg/ with anonymous conversations between users.
(still not anonymous with the feds because no VPN/tor posting)
but at least I can talk shop with other retards without them knowing who I am personally

>>51019186
>Finally have enough to comfortably to daytrade, why isn’t there a fucking discord for all you retards to conglomerate and daytrade together in?

>>51019254
people obviously looking for handouts in this place never cease to amaze me

>>51019251
You just need an email to sign up and can make up a name and not use avatar. Who's forcing you to dox yourself to other users on discord?

>>51019186
Sup Feds

Recommend a movie to watch.
Looking for any of action/sci-fi/thriller. Made before 2015. Dont recommend something from the last few years unless it is very very good, im not in the mood for some woke shit.

>>51019406
limitless

Are there any good short squeeze stocks? BBBY still good? AMC seems low

Are options with higher strikers or lower strikes more valuable?

>>51019459
GME

>>51019459
FAZE had a few rate of 692% two weeks ago when it popped above $20.
I’m still short/adding shorts on FAZE despite this but if you believe in the squeeze it’s a good target.
I couldn’t even get shares to short because there’s too much demand so had to do it by selling ITM calls then I was assigned early and shorted that way.

>>51019519
What do you mean sell option?

>>51019186
there are discords for this already
my issue is anon communities always seem to become giant circlejerks with tripfag levels of autism since it attracts retards the most

UFC title card live now. Get in here /smg/
http://crackstreams.biz/watch/23373
I have $50 on Usman to win by decision/submission

>>51019513
This is one that I’ll try buying thanks. Want a big squeeze.

>>51019528
I sold two 15 C’s short without owning shares. It popped to 19 on Tuesday and I was assigned on my two contracts so I was then short 200 shares of FAZE at $15 a share. Closed Friday between $11-$13 that week, I forget.
Selling options is the same thing as writing options. I’m basically receiving cash (premium) in exchange for giving someone a contract to buy shares of FAZE at $15 a share

>>51018846
Make way for a REAL crypto

>>51019561
So what does it mean to sell the “15 C” short?
And you get cash directly deposited into your account for doing this?

Someone has been copy pasting other people's sneedposts.
I know this because I admittedly seed and feed up the board all the time, (I’m addicted to the you’s and let’s face it, sneedposts get clicks) and I just saw someone literally copy and paste, verbatim, an original post of mine from days ago. What does it mean? How often does it happen? I’m certainly not the only one this has happened to. Who’s doing it? Is it Chuck? What’s their motivation? Am i to believe my sneed posting is so fucking good that multiple anons saw them and decided to replicate them?? doubt. There’s something going on here and I’m going to get to the bottom of it.

movienite bros we're all cursed now fuck

>>51019610
wut?

>>51019617
they watched a spooky found footage movie

>>51019544
kek

Told u ratty, I'm one of the most powerful Neopians in herstory

holy shit
TPOXXX is for real

https://twitter.com/P_McCulloughMD/status/1560980180188798983

>>51018450
The current recession that we are all in could potentially turn into another Great Depression later this year and next year if the elites don't get their shit together. It can get so bad that not even the rich multimillionaires will be safe from the global economic fallout. There's also the looming famine from the fertilizer production plants and farms getting fucked up too.

https://youtu.be/lUHMCQYURSU
https://youtu.be/gvL6pBs5spg
https://youtu.be/qGS2k56u9CQ
https://youtu.be/4JEdz1eA2vQ
https://youtu.be/dWniWTPxHbw

As of right now, this must be what the summer of 1929 felt like. The calm before the storm. Are you all prepared for the mother of all crashes?

>>51019593
You know when you buy an option how you pay money for the contract?
I was on the other side of that trade. So whatever premium some guy or market maker paid, I received as cash in exchange for being short the contract.
Right now, Im short two 23 C’s of FAZE that expire this Friday naked, meaning I don’t own shares in the underlying, FAZE.
I received 1.65 in premium for each contract, or $330 total
Now these contracts are trading for ~0.55 a piece as of Friday close
If I sold another contract Friday, I would have received $55 but my margin requirement would go up by ~$620.

>>51019809
You should tell him about the risk of severe losses with naked calls especially on meme stocks. He seems like a noob who will probably think it's free money.

>>51019841
>>51019593
Yeah don’t do this if you don’t know what you’re doing lol. Selling naked options involves a lot of risk and requires you to constantly monitor your positions and the underlying stock.
Especially when seeling naked calls on meme stocks kek
It is not “free money”
I am taking on a considerable amount of risk given the volatility of FAZE and massive short interest to sell these two naked calls short.
But, that’s also the reason I received 1.65 per contract.
With no risk, the premiums are dog shit.
With high risk, you get great premiums but there’s no such thing as a free lunch anon.
For me to lose money, FAZE would need to close above $23 + 1.65 or $24.65 this Friday. My potential losses are theoretically unlimited because there is no limit to how high a share price can climb.
The obvious counter to this fact is I’ve seen plenty of stocks go to zero but I’ve never seen a stock go to infinity

>>51019881
>>51019809
Interesting. So your saying I could make more money as long as I can see danger coming.

>>51019881
The infinity thing seems a little bold after bobos got BTFO on GME. The only time I'd ever consider naked calls is on SPY or something similarly broad. Even then I'd probably just do a 20 dollar wide call credit spread instead.
For memes buying a long-dated deep ITM put with little extrinsic value seems like a better directional play.

ALPP doubled revenue 2nd quarter
ABML best otc stock

>>51019903
In theory yes. I haven’t added to any of my longs considerably since the S&P 500 has retracted from its all time peak.
I am keeping my longs but using the extra cash I have on weekly/monthly stuff. Sometimes short sometimes long, just depends on the week.
I trade tight 2.5 vertical spreads on NVDA every week. It is the 2nd most traded stock behind TSLA so there is plenty of liquidity. NVDA tends to bounce $5-$10 in a single day. All I do is say it’s going to move $2.5 in a certain direction in a week.
I do this the Friday before or Monday the week of expiration.
Generally pay anywhere from 1.0-1.25 a spread which will be worth 2.5 at expiration if it’s ITM.
Any given week I also have $500-$2k worth of naked shorts on random shit. FAZE happens to be a part of this at the moment.
Shorting is always taxed at short term cap gains rate but I have enough realized losses from my longs that it doesn’t matter. If you are in the green already tax wise I would make sure to consider that when you start trading short term things left and right.

>>51019917
Yes that’s why infinity is purely theoretical. As with GME, if a stock starts to get anywhere even remotely close brokers will remove the buy button kek
There are obvious practical upward limits lower than infinity.
>the combined wealth of every asset on Earth + all available debt
A random stock with high short interest isn’t going to go from a 1B mkt cap to a 1T market cap
Buying a put the most you can make is if the stock goes to zero. Selling a call your losses have no limit theoretically but in reality there is a limit.

>>51019917
For directional plays that is a good strategy.
But if you’re trying to make money by capturing abnormally high IV, a naked short on an option is your best bet.
When IV is over 100%, you won’t capture a lot of that with a long dated ITM put.
Also, theta decay is the most significant the closer to expiration.
Monday the week of expiration when I’m short shit that expires Friday my portfolio theta will be like 150.0. Then Thursday right before market close it will be like 1200.0

>>51019809
How can you sell something that you didn’t own (buy) to begin with?

Friendly reminder that Bobo is the good guy.
https://twitter.com/JohnWRichKid/status/1561023740577779713?t=Q46pyor760_0GBTR70s0Mg&s=19

>>51020081
This is what shorting is anon.
With a margin account, brokers will let you sell things that you don’t own as long as you have an amount of capital/collateral (shares of stock or ITM options or something) on hand that’s is calculated with a formula and is different stock to stock depending on risk that the broker decides upon.
This is the formula IBKR uses (my broker) to calculate margin requirements for selling naked calls.

Look at this chart of the presidential cycle and the stock market.
The worst quarter is Q2 of Year 2(we just passed this) and the best is from October 1st middle of Year 3.

yeah....im thinkin' we're back

>>51020062
>bro just sell naked ca-ACK

>>51020114
Thanks, but this sounds like it’s really stupid and will lose you money. Why don’t you just buy stocks?

>>51020120
If you believe in woo woo shit like this you might want to wait until after September anon
https://www.investopedia.com/terms/s/september-effect.asp
>Santa Claus Rally
https://www.investopedia.com/terms/s/santaclauseffect.asp
Sometimes September is green, sometimes the period between Christmas and New Years. But there are trends. Who knows for sure if line go up or down

>>51020172
but thats like 100 years anon...midterm years are the worst too

>>51020114
This is how Melvin capital got screwed right lol?

>>51020165
Because sometimes line don’t go up anon. Sometimes line goes down or sometimes line crabs and stays flat.
Sometimes volatility increases/decreases and every day, time passes. You cannot profit from these things by buying stock.
That’s where derivatives come into play.
You can make money if a stock moves, but doesn’t move a bunch over a certain time with iron condors.
You can profit from any change in a multitude of characteristics of a stock. It is complex and overwhelming.
Much easier to just go long on something and forget about if for 5 years because all of these things I’m talking about aren’t important over the long term.
But sometimes for some reason or another you have a good thesis for why one of the variables will change and can make money from it

>>51018827
Software engineering, Computer Engineering, Electrical Engineering. You got to network in school.

>>51020190
Wow that is definitely something Melvin Capital would say as cope lol

>>51020186
Partly. They got screwed because they shorted more shares than the amount of shares that actually existed (short ~140% of float at their peak)
There was zero possible way for them to cover 1:1 because they were short 40% more shares than the amount that existed kek
They were incredibly greedy and exposed themselves to an ignorant amount of risk. Probably the last time in history any fund/individual shorts greater than 100% of the float.
Yes you can get burned but is also the reason why people like Michael Burry made out like a bandit in the ‘08 financial crisis and had a movie staring Christian Bale made after his short play.

>>51020214
So short squeezes are very profitable right ? I’m looking at a few shorted stocks like GME and BBBY and SAVA

i have 2k left after losing 5k.
what buy to help make up for losses

>>51020219
>so short squeezes are very profitable
Yes if you time it near perfectly. Some 20 year old kid made $110M off of BBBY with a $25M loan from his uncle kek
>I’m looking at a few shorted stocks like GME BBBY and SAVA
you missed the boat on BBBY. It’s not going above $30 ever after Ryan Cohen dumped on all the redditors
>GME
just don’t. it squeezed to $420 pre split in Jan 2021 but now it’s just a bunch of cultist bag holders
>SAVA
have done zero research
If you want to find a stock squeeze potential, google the stocks with the highest short interest and highest fee rate (daily cost you pay to borrow shares)
All of these stocks have already squeezed and crashed, there’s not much alpha left in them

I bought some SHOP puts you should too

https://www.nytimes.com/2022/08/20/us/tropical-cyclone-texas-mexico-storm.html

oil bros....inshallah we are saved.....allah is good

>>51020181
if everything mean reverts then shouldn't we short this

>>51020214
It wasn't just Melvin, it was a combination of many hedge funds being short more than the float. We'll never have another GME happen again, at least not as crazy as it was in Jan 2021. They learned a hard lesson

>>51020274
>rich kid buys BBBY and gets more rich
A truly riveting story

>>51020504
kek you really could rewrite this article for pretty much anyone that bought tech stocks in the past 10 years

yay I got my hro pioneer card today

>>51018450
is it a good idea to buy ferrexpo stocks? i think it will moon when the war stops in ukraine.

>>51020945
>i think it will moon when the war stops in ukraine
Smgger that shit is the new Afghanistan.

Good morning. Sunday morning.

>>51020375
allah is great

>>51020153
proof that swannie can get bobos too

>>51020290
from your posts you seem clueless and kinda naive
I am bearish on SHOP but my well-intentioned advise for you is to stick to shares in VTI

>>51019809
Closing at 50% of max profit is good risk management for short options. That last $55 is not worth the risk to the already earned premium and the continued obligation of your buying power.

India will be a superpower and will comfortably be in the top 3 GDP countries in 10 years time. Unlike China, India is open to accepting western companies and their stocks will reflect that. Invest in India if you want to see guaranteed long term growth.

>when there's a traffic jam at 3:30am

There are too many economic participants which the infrastructure is not able to handle. There shouldn't be this much traffic on the road when there are literally zero, ZERO, fucking businesses open. Lots of people just congregating at empty parking lots sitting in their cars on their phones.

WHY ARE THERE SO MANY FUCKING PEOPLE DRIVING AROUND AT 3 IN THE FUCKING MORNING
HUNDREDS OF VEHICLES, IF NOT THOUSANDS, IN LESS THAN 30 MINUTES OF DRIVING

NO BAR IS OPEN
NO RESTAURANT IS OPEN
NO GROCERY STORE IS OPEN
NO RETAIL STORE IS OPEN
NOTHING IS OPEN

WHERE THE FUCK ARE THESE PEOPLE COMING FROM

WHERE THE FUCK ARE THEY GOING TO

THERE ARE TOO MANY FUCKING PEOPLE

>>51018450
this is zuckerbergs metaverse lol

morning boys. hows the weekend been?

>>51021125
Agreed. But faze would have to rise. 35% this week from $17 -> $23 for me to lose money. I’d rather just wait for these options to expire than pay commission and $50 per contract for no reason.
This is a very small position. If I was tossing size at a short then I wouldn’t be so greedy and close out early. Sometimes I need to free up liquidity in which case I would close these out but this week I’m being cautious with NVDA earnings

>>51021144
indians are like commiefornians with even more retarded quotas and polcies but without the affluence to make up for it
they are only ever going to be the superpower of poo and pee

who will repay him?

>>51021239
I feel the same way sometimes when I'm leaving work. Like it's midnight will you normalfags fuck off?

>>51018783
Not a problem

think im gonna try to read some more market related stuff.

>>51021239
I love working graveyards because I get to go meet those people

>>51021461
>im gonna try to read some more market related stuff.
https://drive.google.com/drive/folders/1x39FWrPO0wWnq9RkTFf_ax8LtlyPc_zq
https://drive.google.com/drive/folders/1LXV4CyidSa1vZuClEEILtX2KV9EYMI_k
https://drive.google.com/drive/folders/1srTNFyeXxOyL0LiaDlB6DJNwMs8nhyCw
http://www.traders-library.com/Trading%20Books/
Enjoy.

>>51021484
thanks but ive already started the book. i cant wait to get back to reading books im interested in instead all of this market stuff.

how do I fix my lack of conviction in following up on hunches?
just went through my browsing history to see at what date I made some DD into BBBY, FAZE, REV, SIGA, ZIM etc - the list pretty much goes on to Nikola premerger, multiple potential 2x-10x
sometimes I looked at a stock the day before the real rally began, but decided that I was either already too late (after prerally of 30-40%) or that the market momentum wasnt favourable at that time or for some other arbitrary rationalization for not acting
I bought GME at $8, but sold early at $40, which I think left a mental scar that is now fucking with my profit taking
advice like "just open a small position when getting a hunch" seems deceptively easy, but makes you end up with potentially dozens of stocks at a time that you now need to stay updated on constantly, setting stop losses, exit prices, tracking news+socials - i.e. a chore
ideally I'd need a team of traders that I supply with leads who then manage my positions for me, or maybe use some trading bot that at least adjusts limit sells dynamically

>>51021559
You're overthinking it. Just buy stocks that are shilled accompanied by an anime girl. It's really that simple. When /smg/ gets cocky, sell.

https://www.youtube.com/watch?v=isRaHszrPc4
How do I profit off this?

>>51021559
congratulations, you are still sane
due diligence is not a propaganda document and is not helpful for pump and dumps
the result of DD on NKLA isnt that you acquire diamond hands. It is that you short it, because it is a trash company
I hold a company that lost 80% of its share price last year, but I also know that they have great P/E and are at no risk of losing money. No matter any share price speculation, the underlying business is sound and will go up in value long term.

You can't have "conviction" on something like BBBY which is burning $4.50 per share per quarter. Well, you can, but only as a result of delusion and you shouldnt be striving to get there

>>51021495
most will be finance related still though

>>51018923

Kek back to the cage wagie

>>51021602
>Just buy stocks that are shilled accompanied by an anime girl.
ASMB ladies would like a word with you

>>51018923
>Lead Software Architect
>left high paying position
>1 month of saving

What the fuck is wrong with normies?

wagmi if you understand this image

>>51018923
>6 months of negotiations

>>51021003
>>51020375

OIL.

>>51018997
>Prospective tenants
>MY piss bottles
Lol, sorry to tell you this my little landlordooor but if you live there too they're not your tenants, they're your roommates.

why niggas can't just hold the Global all cap for 50 years I dunno. If you're desperate increase your salary or your savings rate not your risk.

the more niggas that hold the cheaper it will be, why you think the S&P500 so cheap? I'll tell you why. Americans and even foreigners are told to buy because it has had good returns. The fallacy is that it has had good returns because of this. Kind of a ponzi. Europe and Asia are not big stock market investors and prefer to invest in property or just spend money.

Soon when Europe, Asia and Africa start pumping their stock markets they will start having similar returns to the S&P500 or US stock market in general.

Effectively the only reason the US market is so large is because there are more US investors putting their money solely into the US.

When the China housing market starts to fail and they implement pensions, watch how the chinese market grows. In the next 10 years China will have astronomical growth due to the chinese people being forced to invest in chinese stocks via their companies pension fund. Perhaps even some global stocks for diversification.

This will be great so just hold the entire global market and you will benefit as china grows from 4% of the market cap to 20%.

>>51021826
quick rundown? how does direct registering shares make me more money?

when i tried to look into it, i saw that since my shares would go to computershare, they would need to be moved back before i can execute trades since computershare is not a broker. what the fuck is the point if i don't have liquidity for potential quick exits? what's the advantage here?

>>51021871
>Soon when Europe, Asia and Africa start pumping their stock markets they will start having similar returns to the S&P500 or US stock market in general.
lmfao
ECB hasn't even properly started raising rates yet

>>51021705
what you describe is value investing, there are thousands of insanely smart and focused people like Munger/Buffett who already do this kind of work of figuring out the "base price" of companies - no point in trying to outcompete them in finding the rare mispriced one
I think where my edge lies is in spotting upcoming trends, so pretty much mispriced "hypeness" of stocks - for which I use multiple disparate information sources spanning macro, geopolitics, policy trends, socials, upcoming events - if multiple of them point in the same direct I usually pull the trigger, its just that this approach is inherently capricious and always leaves you with doubt, unlike when relying on a concrete discounted cashflow model

>>51021871
>Soon when Europe, Asia and Africa start pumping their stock markets they will start having similar returns to the S&P500 or US stock market in general.
the reason Europe, Asia and Africa pump the US stock market and not their own is because their own legal regimes are shit and that is not going to change
what happens when you invest in Germany? Well first the government makes an announcement that there is too much stock speculation, so they pass a tax on *unrealized* stock profits (yes, believe me, they did that). Then the unions note that the company is profitable so its time to "negotiate". If you do extremely well you may get a kind offer to sell your company to the state. If they are not feeling generous they just pass a tax aimed specifically at your company.
And that is Europe, China is 10x as bad. You wanna bet on whether the chink that stole the AMD company seal and basically usurped their Chinese branch is ever going to prison?
Meanwhile in America you cant even do a little insider trading without the possibility of getting a call from the SEC

People dont invest outside of America because they know that when they get exit scammed, the government will just laugh and call them evil speculators

>>51021922
value investing was the simplest analogy to give, but I actually hold more growth companies
my point was more that this type of trend reading and short-term trading is roulette, and you cant have conviction that the roulette wheel will stop at red

>>51020375
>>51021003
>Occidental is the best-performing stock in the S&P 500 this year by some margin, rising more than 140% compared with the index’s 11% decline
we are the captains now

>>51021986

NRGU about to moon Monday. Thank you based Mummy of Omaha.

>>51021983
>stole the AMD company seal
ARM*

The only system I'm using now is Yopi Network. cause:

>90 days lock for 66% APY
>Play & Earn RPG Games
>There are many tools to earn cash within the yopi.network
>Few big partnerships coming up

>>51021871
The US market is so large because it is the dominant empire and has the best economic system in the world at the moment.

Europe will never exceed the US, partly because its policies don't allow economic growth and partly because its role is being Americas lapdog. Its entire purpose is to consume American products and be a vassal continent (tax cattle) to the US. European stocks and the Euro are overvalued, and people will realize it very soon. Switzerland is an exception and has the only European stocks worth considering.

Asia could be better. Japan and South Korea are in a similar state as Europe, but it's slightly better, especially their currencies. China could easily surpass the US if they didn't live under a communist dictatorship. They only have a short window to get out as well, their demographic development will make them weak in the future. Chinese stocks are simply too risky because the CCP could do all kinds of shit at any point. The other Asian countries are insignificant.

Africa is filled with niggers.

It's going to be a real nice week,mumu.

Fuck I'm 6 hours ahead living in hungary for the next 3 years. How can I profit from this? I can trade at 4am with webull.

>>51022095
Tell us the future prices, we'll split the profits with you.

LOL

>>51018450
i like cats

>>51022095
you trade Asia in the early morning until EU market opens, fill up your positions until afternoon and the big volume tripples through the market when both US+EU are open for the first 3 US trading hours

>>51019794

Chill out doomer

You should only be worried if you don’t own Energy or some PM’s

>>51021389
what do you mean it isn't a problem? do you enjoy waiting 5-7 business days for your money to move to and from a bank? Or are you some Eurocunt that actually has a functional payment processing system?

im gonna go 100% long vol

>>51022282
go 30% short nasdaq 30% short dax and 3ß% long vol

Is there anymore type of news upcoming that may pump or dump the market or are we done for now?

I'm going all in on $49.84 EQNR Jan. calls and there's nothing anyone can do to stop me.

>>51022024
thoughts on UK stocks? I got some rio and bcs not alot but there are other banks and minors in the world that i could shift to if they are bad bets.

if you arent willing to go 100% into 1 trade, then you have made a bad choice and lack conviction which results in loss. all or nothing. if you are not willing then you are like the general who sends his men into a losing battle only to get slaughtered.

>>51021865
housemates

We go up from here right? Last week was just the natural pull back from people taking profits right haha

>>51022512
Yeah man just throw all your money at one thing in this extremely manipulated clownmarket.

What could go wrong?

>>51022556
i am the market

>>51022095
This is the best thing. You can wake up late and still be rrady for market open at 15h30. Close at 22h and fall asleep by 23h.

>>51022574
No, you're broke or about to be.

>>51022549
>We go up from here right?

Am I willing to go all in on one trade

>>51022613
What’s all in? 100 bucks?

>>51018450
i have african neighbors, is life just eternal suffering and hard labor?

>>51022633
god is giving you more motivation to make it and move to a better neighbourhood

>>51022629
11k

>pre-futures

Sup, that's wonderful! Everybody knows that crypto is the future, but have u tried Life Beyond?

>Fun action gameplay
>Open Alpha Reward Program
>CEO, Benjamin Charbit, was the Game Director for Assassin's Creed: Blackflag
>Upcoming NFT Drop

>>51022650
i have 166,649 dollars, should i make a large downpayment on a new place?
i think it might be hard to sell my place if potential buyers see the blacks

>>51022825
is it just the neighbors or the entire hood? just give them tickets to go watch nigger ball or something when you bring buyers around

>>51022024
>Africa is filled with niggers.
Oh really?! Could have never guessed this. Also, guys cool it with the anti-Semitic remarks.

>>51022888
only 2 niggers families on the street, they are first generation african economic migrant types, but happen to be next door and across the street and one house over
one of them parks in front of my house

>>51022613
>>51022655
For what it's worth, I went all in with $13 on SIGA and am up like 80% right now. If I had sold a few days ago, I'd be up 100%. I was really hoping it'd go to $30 this month, but it's starting to look like that might not happen.

>>51022928
oh if they are fresh africans and not nigger americans then they are probably good people. they woudlve had to jump through many hoops to get to the usa. also you said family so they probably arent planning to set up a trap house on the block.

>>51022951
>with $13
13k lol

New strategy is yolo. But I mentally associate all in with just 1/100th of my cash in broker. 100 Yolo plays.

Thoughts on my strategy?

>>51022956
yep, one of them called the police because my car was parked in front of my own house and they wanted to park there, i chewed that cops ass.
They are disgusting subhuman prehuman homo-erectus monkey animals.
they serve no purpose other than to absorb debt based welfare spending and to disgust honest hard working white people.

SIGA anon back at it again with another Infograph. Going all in EQNR, will be a risk free 50% gain by January.

Now to make some German memes.

>>51023010
SIGA was shilled by John Rocker you fucking larp

>>51023136
No you fucken dumbfuck, Rocker was against SIGA until 2 weeks in, ask him. Then he became a true GaySex believer.

I timestamped the video newfag.
https://youtu.be/dTTAQboKEtI?t=197

>>51022958
>>51022655
it literally doesnt matter if you go all in with chump change like this cause you should be earning that money back quite easily even if you lose it most of it. That's on you though.

>>51023205
That's the money my daddy gave me you bastard. I can't waste my nepotism money

>>51022549
The federal reserve more or less said that the price of equities is too high and 'pivot' bulls have the wrong idea regarding the direction of hikes.

IMO there is this weak 'bottom' narrative that is being pushed, with help from an opportunistic administration.
But the reality is that this whole rally has been dominated by short covering, with institutions closing their puts well in the money from the start of the year and this leading to a gamma squeeze.
But now with the market seeming very overbought they are all reloading again for another leg down, whilst the stupid money trails momentum.

What's the next reddit memestock after bbby bit the dust.

have the scientists found out why black people are so stupid?

>>51018567
Will they raise 50 or 75? If it’s 50, all-in.

>>51023247
africa has many parasites and no winter to plan for so they evolved to survive the parasite load by having lower energy needs

>>51023222
checked and factual-pilled

Day trading is for tax purposes while long term investing is where the moneys at.

>>51023328
Yes since africa is the birth place of human civilization I also think they are more evolved. Their intelligence is the future. There is no need to outsmart other animals since we as humans are so much ahead. I a way white people intelligence is not necessary because we won't escape our solar system anyway.

The more poluted our planet gets the dumber humanity will get. Embrace degeneracy now or be left behind.

why does apple trade at a gorillion PE in a bear market?

>>51023411
barebacks

>>51023411
I sold everything last week. I didn't expect it to keep going because stocks are almost recovered which is insane

>>51023411
why is apple trading near ATH and why did the CFO sell shares recently?

barebacks are the overseen bull case. bobos will get assfucked hard. got something to do with taxes. my voices told me idk

>>51023411
Because apple is considered 'safe' so all money gets parked there. Also tons of ETFs need to have a stake in it, driving it up even more.

Its not sustainable

>>51018450
Good brokers for Europeans?
t. from Austria if that matters

Only one European broker is referenced in the pastebin, are american ones viable?

there is a tax coming on barebacks. so companies will anounce them now to save taxes

>>51023437
This. ETFs being funneled with retirement accounts are the only reason stocks like AAPL and TSLA haven't corrected like everything else.

I'm just kidding the voices didn't really tell me that

https://www.cnbc.com/2022/08/19/what-stock-buybacks-are-and-how-a-new-tax-affects-your-portfolio.html

here and now SHUT THE FUCK UP WITH YOUR RETARDED THEORIES ABOUT APPLE YOU FUCKING NORMIE SCUM

>>51023010
That stock seems already too pricey to buy in. I agree on principal that gas companies will do well but this is much riskier than siga.

oh wow did I just write that.. Damn this meth is weirdly strong

>>51023411
They just keep winning. Their consoomers are not price sensitive. If they were ever at risk of missing earnings then they could just increase prices and their consoomers would just consoom them up. They also have tens of billions of dollars in cash to weather any storm. They are literally the perfect company. There is no black swan that could take down AAPL. Nope, I'm not jinxing it in any way whatsoever.

Sooo... Ya telling me this is the last moment to sell before SHTF?

SOXS owners you beking yourselves

>>51023519

>>51018801
Holy fuck
>invested in a fund with 300 p/e average
>Got assraped
Who would have fucking thought

Futures will be green come open
Slurperchads always win

>>51018846
Why can’t crypto just link/plug into that system if needed?

>>51023575
what are you basi'n dis on?

pls, I need to make money

>>51019694
Holy shit
What is your portfolio

>>51023601
Fed raises 50 instead of 75

It’s over.

>>51023601
Source? I made it up and it will now happen

>>51023610
hahaha John Cockler sold the top

>>51023610
it will explode on halloween

no cap fr fr

>>51023500
I don't think you understand. This company is positioned to slurp up Gazprom's marketcap more then anyone else. Their P/E is still fine, their dividend is nearly 4%, their financials are solid.
This is a solid 50% play. I'm telling you guys, don't ignore this like you ignored SIGA at $9.

>>51023630
you could hand me the next apple on a golden plate. Beg me every thread. Suck my filthy unwashed cock to buy it and I would still ignore everything that is shilled here.

>>51023428
Good time to short?

>>51021877
Direct registration doesn't "make you more money". It just means shit is in your name and you actually hold what you think you do, whereas with a brokerage you just hold a contract for difference for a given quantity of shares. With a reputable broker it's 99.999% the same experience barring extreme extant circumstances - think of direct registration being burying gold in your backyard in a coffee can versus holding with a brokerage being having a futures contract with COMEX for a given quantity of gold; if the economy is still up and running and the world as you know it is still functioning, holding those futures contracts is just as good as holding physical gold. If nukes get dropped and the world as you know it is over, you'll wish you'd had that gold in the coffee can instead, assuming you don't die or blow your brains out at the circumstances of it being the end of the world.

And you can sell with CS, you don't have to transfer back to a brokerage. You can do market and limit sells, they just have a broker process it for them and then send you the money. I have an account linked but you can also get a physical check in the mail or pay a fee and collect the physical check at one of their offices around the world. The fact that every transfer I've done to direct register shares has my broker trying their ass off with a prepared statement to get me to not do it makes me think it's worth doing.

>>51023655
Anon...are you ok?

to whom it may concern, I have some September tqqq and soxl calls, like 100 of em, can we have a ultra green day tomorrow? Thank you, Schlomo

>>51023667
Because I didn't wash it?

Man weekend smg really does suck ass.

>>51018460
>>51023700
there have been worse threads

>>51023010
So the plan is 2X or 3X natgas ETFs, got it

>>51023624
Is that when geaysex peaks?

>>51023514
You unironically have two more weeks. Get out before Labor Day

Gosh, you're stupid af! Try Yopi Network. it is easy even for ya.

>Create, send, and trade digital currencies globally.
>Locked liquidity
>Web3 + Multichain + Metaverse + NFT + Green energy
>New web3 network integrated in the yopichain

>>51023720
No you fucken retard.
Natgas prices aren't the issue, its getting them to Central Europe. EQNR and LNG own their complete infrastructure systems to do this, with EQNR being posed to replace Gazprom as the biggest supplier to Germany.
Holy fuck smg why do I even fucken bother with you retards.

>>51023746
yes

>>51023760
ty

2022 make it or break it

>>51023772
Because if you can convince a retard, then it solidifies your own conviction.

>>51023790

>>51023790
Wildly based. Half the reason I post here at all is to have autists shit test my ideas and see if I can get a retard to do the same, if it passes both of those hurdles it's almost always a profitable investment.

>>51023610
Good thing schools are resuming in a couple weeks, the monke cannot be contained.

Uh bros

>>51023839
Tomato flu? Who comes up with these fuckin names

>>51023839
so that's what the WHO settled on as an alternative name to niggerpox.

>>51023851
Idk but how do I short the tomato industry since people are retards?

>>51023897
I doubt you can really. Dont think most tomato producers are on the stock exchange. Futures I guess?

>>51023839
So we are going to overreact to every disease now? India? Really? You think I care?

>>51023910
>yes

>>51023610
SIGA is over. Sell

>>51023927
>The number of cases is up 50,000x in 5 months, guys. Sell everything, Monkeypozz is over!

>>51023772
Yeah after reading, it seems a good stock, or at least much better than gambling on daily price fluctuations

Did this water get fucked up yet?

What stocks should I buy if I wanna snort coke and fuck around with Japanese sluts?

earnings this week

>>51021559
get an account on tradingsim and just practice a lot. Practice selling when it doesn't go your way. You'll get to point where you are confident enough in your hunches to just go for it without thinking and set a stop loss below a critical support level in case it doesn't happen like you thought.

>>51023990
>Peloton on Thursday
oh boy, this gon be gud

>>51020201
are you sure EE applies here because I have a bunch of credits toward EE from the military

>>51023990
$zm
Also
$jks

>>51023990
Peloton and affirm puts gonna print. Nvidia is gonna be a coinflip.

And the rest on there is whatever.

>>51023990
how does dicks still exist? bad selection and worse prices.

>>51023961
Back to $9 EOW, baggie

>>51023990
I feel like dollar tree and dollar general are going to kill it on earnings, but I'm not as in tune with slums as I once was. Opinions?

>>51023990
wow, DOLE has done very poorly since I last looked at it, good thing my shares got exercised away I guess

>>51024064
given target tanked because target shoppers are moving to walmart. where does a walmart shopper go if not the dollar store? I would assume they are going to kill it.

>>51024062
Doubt it, but keep dreaming, Bobo. It's always good to have hope, regardless of how delusional it might be!

>>51023990
>jinko
Anything to do with solar is going to be good since the inflation acceleration act is extending the ITC credits.

....fuck chinaman stocks though; I wouldnt

>>51024109
>only 50k cases worldwide and shrinking
Who’s the delusional?

>>51023247
They never had a reason to be smart.

>>51024136
>1 single solitary week of slight downturn after months of increasing exponentially
We'll know in a month or two whether or not this will spread amongst the general population and, if it does, case numbers will explode.

>>51023839
Shoulda called it the “PooFlu”

bullish

>4chan's gun board is the most anti-gun, pro-Biden board on all of 4chan
I knew this place had shills, but wew.

>>51024224
Its legit all glowies. Nobody uses that board.

SIGA sissies, it’s legitimately over.

>>51024224
it has been getting worse year after year but ukraine finally broke those who remain.

>>51024224
What did he mean by this?

>>51021239
That is your society on car-dependency.

CARS
CARS
MUH CAR

Youre fucking though because you entire planning and zoning and all your already existing cities are built for cars.

Luckily for me i live in Zurich, a city of 400'000 with a train leaving every 20 seconds on a normal wednesday.

My tea leaves expired. Anyone got any spare to do a reading for this week?

>>51024300
>>51021239
...

>>51024295
It's just blind pro-government statist propaganda at this point, and if you say anything that goes against that narrative then the shills will report bomb you until your posts get deleted and you get banned. All the statist shills use reddit spacing, go absolutely mental if you post a pepe or wojak edit, and give off a strong "how do you do, fellow children" vibe.

>>51018450
how do I cope knowing that the IRS is gonna murder me for making 180k in crypto last year even though I properly reported it to the best of my ability? Worst part is even though I paid my taxes I don't have the money to fight an audit since everything crashed

>>51024381
>4chan's gun board
I find it odd you said that instead of the actual name.

>>51021261
Faze currently has an ADR of 22% and IVR of 72 That puts a >35% weekly move as a distinctive possibility. Considering FAZE has demonstrated the ability to move to the upside by more than 35% in a week extra caution is needed as expiration approaches.

This is the kind of trade that gives me more anxiety than a trade should. I know you are watching it but please be careful.

>>51024417
>another leftist trainfag noguns

Baking more like pooping.

>>51024466
>obvious tourist that can't even google
Lol fuck off retard.

>>51023411
Apple has 200 billion cash on hand, they can react strategically to any change that happens in the world

>>51024497
Ah yes, the other missing ingredient: projecting about everyone else being a tourist.
>i am le epic oldfag and 4chan has always been a left wing board
>trust me because i am le oldfag

>>51024520
Maybe they should get into natural gas extraction and transportation.

New

>>51024564
>>51024564

>>51024534
So then name the board, retard.

>>51024381
>>51024417
/k/ is comp because /k/ retards showed up to the vurginia gun rally right before the pandemic that got memoryholed. did everyone forget about the biggest gun rally we had in the US?

>>51024600
They eat cum brownies

>>51024618
Someone has to post it

>>51024224
What do you want glowie? We’re all law abiding citizens here.

>>51023910
I just want to put all these people in a simulation. Let them try out all their policies. Eventually they will get rid of all the white people. Then they will move to lightskins. Honestly I was thinking about the next stock that might come out of nowhere if Republicans take the House, Senate and the White House. I think Blizzard Activision comes back

>>51023666
>If nukes get dropped and the world as you know it is over, you'll wish you'd had that gold in the coffee can instead

yes, gold in a coffee can works in that situation. but what is the advantage to having direct registered shares when the world collapses? this is the flaw in the direct register. the only time it would be beneficial is during a time you probably wouldn't be able to do anything with them.

>>51018460
genuinely true.

>>51022956
This is true but i've noticed their kids often end up falling in with american nigger culture. so you want to get away from them before their kids hit late highschool and start inviting all their nigger friends over and causing issues.