/biz/ - Business & Finance

more like fuck niggers edition am i right

The. Farty. Ponies. Are. In. The. Forest.
https://www.youtube.com/watch?v=ppsCrbKCT2U

This was a very irrational day

Monday will be a gigapump

>>51114536
>>51114540
market keeps going down until these 2 retards rope

How many calls did you say you bought

>>51114536
>>51114540
Cope

Will crypto bring us back up over the weekend so that we have money to lose by monday?

>>51114536
Saying it like it is.

that's the most money i've ever lost in a day! two weeks of my paycheck.

>>51114557
how many calls?
ah jeez, I dunno

>>51114534
The ponies.. what do they mean? Are they enemies of the hidden tigers?

We are gapping down on monday, arent we?

I just woke up

LMAO what happened, you guys can’t be trusted with anything

>>51114576
I see you don't buy leveraged products.

>>51114514
Better buy Chinese equities if you want gains this year.

>>51114557
you just don’t matter

>>51114540
Crypto is basically a leveraged proxy for the NASDAQ
Guarantee crypto slips this weekend.
No giga pump Monday anon
Honestly was retarded for NVDA to pump like that Thursday after lowering Q3 guidance by 1B which is a 15% decrease

I sure do enjoy getting fucked in the ass by the stock market every day.

it still dropping :/

>>51114589
i am long 1000 shares of SOXL

>>51114584
>meme lines on VIX

>>51114584
Skip to my loo on the way down.

This administration doesn't have a fucking clue what it's doing, does it?

>>51114597
That was the easiest short

>>51114584
Anon you shouldn't do TA on a leveraged etf (either direction). Do your widgets and tea leaves on the underlying.

>>51114609
Absolute madlad.

>>51114616
>this administration

B
U
C
K

B
R
O
K
E
N

>>51114514
So how do I go about with cheapies? DCA every week? Buy anytime there is a dip?

Index fags what you holding?

>THERE ARE PEOPLE IN THIS THREAD WHO UNIRONICALLY PURCHASED SIGA SHARES AT THE TOP

>>51114610
>vix

I should have listened to you guys. My poorfolio got rekt today. Anyways, where do we go from here? Is the stock market gonna crab or dump further

>>51114585
Just 'avin a laugh, mate. We like to have fun around here.

We've effectively done nothing since early May.

Will we go to midsummer lows or even lower?

>>51114648
sept is the worst month. we havent even begun the dump. not a joke its actually over

>>51114648
I could be wrong, but my limited understanding is that this crash is only just getting started. Might be some biblical shit right around the corner. Then again, clown market, so who knows.

>>51114661
ye had me goin ye basterd *tussles hair*

>>51114616
The previous administration did them no favors, but they need entitlements cut and taxes raised immediately to destroy demand, bring people into the labor force, and close the deficit. That would piss off Biden’s voter base though, so we’ll live in this clown world until the Republicans take over and force Biden to at least cut entitlements. Taxes need to go up for everyone, but neither Biden nor the Republicans want to do that

shemitah means shemitah get it through your thick skulls

>>51114676
Is that the Cigarette Smoking Man enjoying a nice lunch?

>>51114548
>>51114565
>>51114584
>>51114597
Monday will be a 10% pump.
Screenshot this.

>>51114631
I know fren, but since you can still do it, why not? But yes I dont take the TA from SQQQ seriously or hell TA in general.

>>51114575
>Jan 80C
>96% probability of profit, 1.00 premium, 332.61 margin requirement for short
>~30% gain between now and January based on margin requirement
>762% gain to break even
>Jan 10C
>60% probability of profit, 4.65 premium, $670.21
>~69% gain between now and January based on margin requirement
>~7% loss to break even
you tell me what the smarter reward/risk profile is
One is likely to make profit the other has a huge likelihood to get fucked disproportionately with a 2.3x greater potential profit

>>51114648
Nasdaq to 200. If JPOW says something like "oh just kidding 2 months of decreased CPI is all we needed we're going to stop tightening", then I'll change my tone.
otherwise, new home purchases are going to zero.
he has been saying it I just haven't been listening. Until unemployment spikes he will tighten and we've already had the fastest rate hikes in 40 years.

until we get news that amazon is going out of business or closing 20% of their stores we're trending down.

>>51114514
Should be Testicular Torsion Edition.

Well... guess I might as well run the numbers

Big basket: -5.411%
Smol basket: -9.762%
I won't know the mega or giga baskets until later (they have mutual funds)

https://en.wikipedia.org/wiki/Rabbi_trust
How do I open a rabbi trust?

>>51114707
we're heading straight to 0, america is ironically over. this is literally rome 2.0 and china will invade in october. don't tell xi i spilled the beans on that though

>>51114648
if you listen to smg you’ll just get burnt on more obscure stocks

>>51114721
well its like 98% vs 75% but why did the margin requirement go up?

>>51114722
I've been saying this for a while, the wagies are getting far to uppity going on strike and demanding hire wages. Pain will continue until wagies are fighting eachother over low paying jobs

>>51114676

>>51114674
is that including inflation adjust, or just market price?
because if inflation is ongoing, every day flat is a loss, and every loss is a bigger loss. even gain days may be breaking even.

>BELIEVE IT!
>Fed Chair Powell Says:
>"US HOUSEHOLDS AND US BUSINESSES WILL SUFFER."

>>51114536
>>51114540
>>51114584
>>51114706


uhm mumu.....

im sorry

THE NUMBERS ON THE SCREEN MUST GO UP
THE NUMBERS ON THE SCREEN MUST GO UP
THE NUMBERS ON THE SCREEN MUST GO UP
THE NUMBERS ON THE SCREEN MUST GO UP

>oil barely moved

>>51114773
All of the feds tools harm US households and consumers

>>51114647
>(You)

>>51114750
>why did the margin requirement go up

how much did you throw at the dip today?
$2k

who do I blame for today

Is there a good micro cap index fund or etf that doesn't have a high expense ratio?

>>51114798
Whatever 1 SPY share was at close LOL

>>51114810
Putin or china

>>51114810
Cant go wrong with jews

>>51114798
I bought more TSLS if that's what you mean.
Wait you didn't long anything did you? lmfao

>>51114770
Maybe crabbing was the real devaluation all along.

>>51114810
The central bank, of course
be sure to kiss their feet on green days as well

>>51114741
>china will invade in october
One of these days they're going to get tired of their FINAL WARNINGS being ignored and do something of some kind. I read Trudeau or one his lackeys might be planning a Taiwan trip as well. That might have been fake though. If it's true and fucking Canada feels emboldened to wave penis at China like that, Xi might get the idea it's time to send a message.

>>51114741
Its hard to be bearish without being apocalyptic in the current environment for sure, but the thing is the entire world will first collapse before america and kek thats exactly what we are experiencing.

Why does it take more unemployment to stop the tightening? Wouldn't more workers being employed be cause to stop it and not the opposite? Less workers but still an increasing population means the economy becomes less stimulated which means demand for goods goes up still but less and less people will be able to buy things which means the economy tanks.

You would need to somehow lower the population like some kind of mass scale dying off like some kind of world war or pandemic in order to actually get demand down.

My semis are dead, -5.5% lmao

My EQNR long x2 did hold very good, still green

WE DID IT REDDIT WE SOLD LE MARKET JUST LIKE MICHEAL BURRY

Things so bad they won't even open the market tomorrow!!!!!!!!

Wow. What a fucking shocker. The feds want to keep raising rates.
Who could have ever seen that coming? Who could’ve possibly thought that the feds would want to keep hiking the rates?
I am just absolutely shocked.
Oh, man. What a fucking shocker that was, huh?

>>51114823
long-dicked your mom

>>51114831
Oh, so Xi is going to tell Trudeau to make an international incident? well, no fucking shit.

why is r/options more helpful than here?

you did short everything RIGHT ANON? post your biggest winners
>AAPL
>NVDA

>>51114849
they are scared bobro...

but let them be scared before they get slaughtered

>>51114869
Then just go back, you stupid niggerkike

>>51114869

>>51114861
(Yes, this is sarcasm)
Holy shit, really? Housing prices aren’t even close to properly deflated yet and the job market is doing absolutely fine. Of course they’re going to fucking keep hiking the rates. JFC.

>economy starting to slowly recover
>worst of inflation might be over
>Biden spends another $1.2 trillion on nonsense
Holy fuck how is this humanly possible??

ayo hold on i thought this was over, i thought joe would have our backs
i stopped following the market since we rallied last month
this can't be happened everything is looking up

Honestly im still surprised,Powell didnt fuck around and said its gonna be a painful shit instead of keeping it and dragging it up.
Surely its not related to the shemitah thing right?

>>51114914
we have to forgive $10k in student debt for everybody to gain votes goy, please understand

>>51114914
see you monday.

>>51114913
It makes no sense why the president would try to undermine the FED like this.
these midterms are making everyone go full retard

>>51114843
Wish I did 2x as well instead of just normal shares. Hope it's not too late.

>>51114796
damn that is some autism
what is the sweet spot that maximizes ROI
they are all like 90%+ winrate right

Yesterday was one of the highest call/put ratio days in the last two years since most thought JPow would pump the market, not dump it.

Hysterical.

>>51114839
>Why does it take more unemployment to stop the tightening?
dual mandate
>Wouldn't more workers being employed be cause to stop it and not the opposite?
? wut
>Less workers but still an increasing population means the economy becomes less stimulated which means demand for goods goes up still but less and less people will be able to buy things which means the economy tanks.
brainlet take. The point of raisings rate is to cut USELESS JOBS and reduce spending power of BORROWERS

How is absolutely everything red including energy? Can an expert explain?

>>51114944
rape market

Since there are apparently only bearish retards left in /smg/ let me break it down for you: Inflation is a huge nothingburger because in the long run the Fed and US government need "high" inflation in order to reduce the actual burden of the national debt, which increases as they literally generate money out of thin air in order to finance an ever-increasing demand for debt as there are more and more people alive. In 50-100 years the average house will cost $1,000,000 but no one will care because the average income will be $300,000/year.

Interest rates will continue to trend towards 0% (and negative real-rates), inflation will continue to happen just like it has for centuries, and unless something truly catastrophic happens (like a meteor hitting the Earth) the people in charge are going to continue propping everything up

>>51114944
and what made them think that way? he said the same shit today that he did a month ago. bulls are so fucking stupid it's funny

>>51114944
Line going up is like the heat death of the universe. It's inevitable. Just like how heat and expending energy in space is only a temporary thing, so too does stocks going down is just a fleeting moment in the bigger picture. The end game of the universe is absolute zero, the halting and dying off of all energy and life.

>>51114839
less workers, less spending, less inflation.

Oh BROTHER I GOT SO MUCH CASH BROTHERRR IM READY TO BUY BUY BUY SOON BROTHERRR! AND YES WE DO SAY THAT WORD HERE BROTHER

>>51114944
we reached peak euphoria when the narrative switched to Biden doing a good job

>>51114968
so do I buyed?

>>51114648
Buy international markets. Asia stocks including China should be bullish

>>51114913
Student loan shit is especially retarded, they didn't need to spend any money.
Student loans are owed to the department of education, the government can just ignore the debt without spending anything. The government printed money to pay debt owed to another part of the government.

we will be retesting the lowest of the lows and likely go lower. this is brutal, i may not survive this

>>51114961
Why do he have useless jobs in the first place that would even require such an action to take place? Is this what commies bitch and moan saying things like "late stage" capitalism is about? Is it because we had so much funny money to throw around we started to make shit for thins no one asked for to create fake productivity?

>>51114968
>the people in charge are going to continue propping everything up
yeah but the market will continue to have a lot of volatility in both directions during all that. I don't disagree with the macro long thesis. just be prepared for short term pain.

>>51114977
Yeah, but last time he said it, it caused a pump, no? Therefore, it MUST pump again.

Surely.

>>51114983
So we just need another world war to smooth things over yeah?

>>51114997
You should pretty much just be throwing a set amount of money into the market all the time, like $50 every week or $100 every month or whatever. That allows you to minimize your losses during shitty years like this and maximize gains during following good years. I threw a bit more in today but I'll buy more if it keeps taking a shit.

>>51115020
The last 10 months of pain have made me calloused

>>51114789
eNERGY cHADS rISE aGAIN

>>51114968
>the average house will cost $1,000,000 but no one will care because the average income will be $300,000/year.

>>51115018
Bro the place I work at employs an entire marketing team who's big idea to get more business is "donut Mondays".

>>51115030
highschool zoomers are so fucking braindead from 2 years of home learning that they may as well get drafted

>>51115060
you sound like a fag and donuts are great

Did I miss eqnr?

JZ

>>51115060
Fuck if i could get a free donut on the shittiest day of the week i'd be giving that place some business.

>>51114968
>In 50-100 years the average house will cost $1,000,000 but no one will care because the average income will be $300,000/year.
you mean the average house will cost 20 mil and the average income will be 150k

>>51115018
>Is it because we had so much funny money to throw around we started to make shit for thins no one asked for to create fake productivity?
Literally yes. Go take a look at how much venture capital funds spend on funding truly dumb shit just on the off chance they get to invest in the next google or amazon.

Sphagheti!

>>51114968
>In 50-100 years the average house will cost $1,000,000 but no one will care because the average income will be $300,000/year.
More like 30,000 a year

>>51115002
I believe they passed that loan forgiveness to allow those kids to keep on spending and not cancel their netflix, prime, apple music subscriptions and keep them earning up!
make America look good for midterms

>>51115029
maybe markets being near the bottom had to do something with it and the fact that earnings were better than expected and are now expected to be worse for q2

>>51115081

HEY YOU GUYS TSLA WENT DOWN 600

ASMB stock ladies!

>>51115065
Everyone loves donuts, but if I hired a team of 6 people to increase sales and the best they could come up with was putting donuts out I'd be livid.

>>51115091
for q3*

>>51114796
Vix go up. Underlying go up, margin req. go up. Simple as.

>>51115056
>>51115079
>>51115088
I'm just tossing random numbers out, who knows what it really will be. The point is that no one in 1822 thought that people would be making $120k/year and buying $750k houses, or that cars would even exist.

>red market into powell, a pump
>green market into powell, a dump
Am I genius? How can you not be neon green with something so obvious?

>>51114968
>average house price goes 2x
>average income goes 10x

:/

DASH PUTS PRINT $ BOBO WINS AGAIN

>>51115111
I past zero collect $200

>>51114968
your understanding of the debt and rate and inflation situation is correct, but you're wrong about this being a nothingburger in the long term.
inflation is too high regardless of it being benefitial for debt. we're also at a point where the world decides whether it will start deglobalizing and that will put even more pressure on the debt system. the energy side of inflation is one of the main current indicators of this starting to happen.

>>51114968
>average house being only ~3x annual income
lmao

>>51115120
the only thing inflation does is price out everyone who didn't own things before the inflation
that's why inflation is unsustainable and the permabull thesis is stupid
the fed knows this and that's why they're trying to wrangle inflation before it paralyzes social mobility and slowly destroys the economy

>>51115121
it wasnt green before his speech,today

Been holding a lot of TMV for a while now. When will I finally rewarded for my patience? Same for my EUR short

>>51115130
"Inflation is too high" in what time frame, though? Why can't "transitory" mean 1-5 years if the Fed and US government enact policy that sometimes takes a decade or more to unfold? Of course the world won't stop globalizing, that's the path of least resistance

Uhhhh what the fuck?

Everything i have is going down but SQQQ ffs!

>>51115120
>I'm just tossing random numbers out
We know, because you're retarded

>>51115142
Lumber is already at a 21 day high.

I sold SQQQ for a meager +8% today. It hurts... Should have held

>AH
it's absolutely incredibly utterly totally giga over

>>51115161
listen to jpows speech its very short. he quotes volker saying that inflation is psychological, and they waited too long to drop the hammer in the 1970s.
He said he won't make that same mistake and dropped the mike. He flipped off the camera as he left.

>>51115161
High inflation cause expectation to rise to match it which cements high inflation forever

>>51114810
Yourself.
The writing was on the wall the whole week.

kept my fucking VIX calls, SPX puts and mire through this gay as fag pump because I KNEW THIS SHIT WAS GOING DOWN
>lets go risk on with the worst macro data since 2008
MUMU YOU LOSE
OKAY?
WE WIN, BUYING THE DIP IS NOT SOME UNHEARDOF BREAKTHOUGH STRATEGY YOU FINANCIALLY ILLITERATE FAG
Now im gonna jerk of and get to sleep

>>51115183
No u. Really though, I'm just trying to point out that the line will inevitably go up again so anyone with a third of a brain and some extra cash should just be buying a bit right now.

>>51115189
I sold my shorts at lunch time, now im in my birthday suit but nobody notices, lol.

Sing me the Bobo song, /smg/.

>>51115164
That's for calls you sell you dumb fucking baggie.

>>51115213
https://www.youtube.com/watch?v=bluUxKIB4pA

I sold these UVXY calls a while ago for a 40% loss

>>51114536
no no no the irrational ones were buying on bad economic news, ooh inflation is .1% lower this month PUMP!!!!! The irrational ones were pricing in a 50 basis point hike.

>Even EQNR ended up going red today
f u c k

>>51115164
>>51115228
>>51115164
Cool.

IS MY CART FU?

is this rape?

>>51115030
it would unironically help, war siphons off excess production

>>51115161
>"Inflation is too high" in what time frame, though?
depends on where we go at these crossroads. if no deglobalization occurs, then inflation will come down within max 5-10 years as the fed intervenes and energy prices come down again.
but if too much global friction occurs, then you can absolutely expect elevated inflation for decades, if not total financial system collapse. the growth of china in the last 20 years *drove* most deflation in the world. if this growth stops benefiting us, either because the growth slows down or because either the west or china realign, then this will be very inflationary for a long period of time, energy or not. production costs will go up significantly as production globally becomes more local again. and i'm also not confident that our debt driven financial systems can even deal with global growth receding for an extended period of time (i'm reminded of powell's comment at the end of the IWF meeting where he was effectively daydreaming about a global economy with *more* friction and *less* leverage/instability).

>>51115208
>I'm just trying to point out that the line will inevitably go up again
That doesn't mean that wages will go up accordingly. You're literally parroting the headline "Silver lining to inflation? higher wages!". A house was 3 times the annual wage when the currency was backed by something and fractional reserve requirements were above 0%

>>51114616
Nope. If repubs win bringing stalemate to D.C. the market will proably rally for a month or two, then reality will set in all over again.

>>51114861
>out of touch Seattle tech think making 6 figs thinks the world isn't fucked

I would tell you to touch grass but I don't think you are even capable of understanding reality. Enjoy your 3x bull during a recession, during rate hikes, during global unrest and war while Europe is wondering how they can even keep the lights on

>>51114810
N

Someone should post another /smg/ thread. 4 isn't enough.

>>51115298

>>51115271
Dunno why twink autocorrected to think. Get a job at Google and fix that for me so my phone let's me be more racist/sexist.

Also I hope you faggots realize the next CPI is going to increase because the only thing that came down was energy and its back up.. 9% fucking inflation and you trannies are bullish

>>51115090
Correct, instead of having 10k of student loans the liberal elites will rack up 10k of credit card debt on funko pops toys

>>51115312
>the next CPI is going to increase
Inflation peaked already,chud

>>51115271
not my problem

>>51114721
The unlimited risk of short options is greatly exaggerated. As long you don't do something stupid like create a position you can't fully collateralize it's as close to free money as it gets. If your margin is going up that's a good hint to add some collateral. Buy some shares or buy long options when it's advantageous to do so. Do not wait for your margin req. to get out of hand before you do something about it.

Well done Boeing anon. Scoopsies bussy has now officially gone postal.

>>51115298
Not our fault the rest of biz is dead and can't burry our old threads

I can't fucking wait for a downturn! What a great investment opportunity

>>51115327
Fake and gay narrative. It was flat after massive energy price manipulation

>>51115343

>>51115365
And we printed another goddammit 1.5T in bullshit bills and gibs on top of it

Before I go to bed
I would just like to remind everyone that QT DOUBLES TO 95B/M IN 6 DAYS WITH CPI PRINT IN 12 DAYS AFTER THAT WITH CRUDE PUMPING

BEARS ARE FUCKED

I've cut all of my loses and gone all in on BBBY and a revolver and one bullet for when this shit goes south!

>>51115404
>Before I go to bed
it's 5pm bro

>>51115365
Wait the gov lied about it like a Soviet 5 year plan? LOL, LMAO even.

That also means Putins Price Cut won't help them as much in calculations

>>51115382
Energy and food prices are still increasing. And despite the CPI ignoring these and overweighting meds, its the biggest hit to citizens and industries

>>51115404
>>51115404
>BEARS ARE FUCKED
What?

>>51114514
There is no bull market. There is no bear market. There is only market EDGE. Want to make money trading? What is your edge?

>>51114831
The invasion will happen as the number of final warnings goes to infinity.

>>51115416
it's 11pm in euroland and I got shit to do tomorrow, lardass

>international still growing at 6% compares to 13% america
What the FUCK is the rest of the world's problem?

Jesus christ, when was the last time the markets were this deep blood red?

>>51115455
>shit to do on a saturday
Oy good wagie

>>51115439
I meant bulls

Buy now pay later narrative being interrogated. Uncomfortable to look at these days

>>51115471
June

>>51115161
>Of course the world won't stop globalizing, that's the path of least resistance
i forgot to reply to this. the path of least resistance would have been to let russia take ukraine for everyone involved. and yet, here we are. same for trade wars and embargos of the past. for china, the path of least resistance is to never touch taiwan or instigate anything on that front. we'll see how that'll go.

national interests are king. when you realize that every country tries to avoid being swallowed, a lot of shit starts making sense. globalized market capitalism just happens to be a wonderful tool to make power shift in a non-violent manner, and it's not clear whether it'll be able to continue serving its purpose in the next decades at the current pace over other tools to shift power.

>>51115471
Where were you on the last six or so months?
And that's not deep red at all

>>51115455
>shit to do on weekend
but anon that's when all the wagecucks are out in public.

>>51115473
Tending to my cushiony inheritance. Enjoy shitposting on a nigerian baskweaving forum for a living

>>51115471
You fags said it wasn't going to drop. You said it WASN'T GOING TO DROP!

>>51115499
You listened to Mumus, big mistake, they have a terrible track record.

>>51115496
>he doesn't spend his weekends people watching and telling himself that 'they don't know yet... oh they don't know' while pushing up your glasses like the poindexter you are

Nothing like beating the shit out of the market makers all week and getting out clean at 1030am. Only for the degenerate in me to hop back in and lose $5k just cuz. You cocksuckers know I'm close. You can feel it. I'll be back. Have a good weekend MMs, you have until Monday before the comeback begins

What the absolute fuck

Whenever I want a laugh, I look at SHOP's chart

I can't imagine how much worse its all going to get next month in September and then October. FUCK.

>>51115532
>posting earnest cringe

>>51115540
ic bart

>>51115540
>BULLTRAPED

>>51115551
or siga's

>>51115540
Bot feedback loop. Many such cases!

>>51115540
Stop the count! Stop the count!

>>51115558
It's the only place I can let the people that matter know how I feel

>>51115540
Jackson Hole + JPOW smashing that 'crash the economy' button

>>51115532
>>51115579
hey there schizo, we're always watching.

>>51115590
>JPOW smashing that 'crash the economy' button
He didn't even do anything.
After all that bombastic horseshit, he can still come out and only raise 50 BP.

What's the best commodity play right now and for the rest of the year? Oil or gas?

>>51115583
If it takes student loan memes for people to look at the PPP loan forgiveness with any scrutiny I am all for it.

You can't escape from me, Mumu.

>>51115602
yes

I am so glad I sold my VOO last week after seeing we weren't going to retest the 200 dma line. Holy shit. Based JPOW destroying the bear market rally.

>>51115599
>he didn't do anything
exactly. retards were pricing in shit that didn't happen.

>>51115596
I know that's why I speak out loud too. Wanna meet up for a few at the bar and talk sportsball bro?

>>51115540
Large cap growth is starting to realize the money printer is turning off for a while

>>51115590
clickety clacks my vixy tail calls did a lil somethin today

why didnt you guys tell about nerv? its up 200% since the 22nd day

I got fucked on my bullish diagonals today biz. Lost ~5k of my 50k account. Feels bad.

What strategies (other than killing myself) do you guys recommend? What stocks other than SPY

>tfw cashgang for the past 6 months
Can the market just fucking crash already? I'm too much of a pussy to short on the way down.

>>51115667
SOXS, SQQQ.

>>51115667
wait and see if you can knifecatch the bottom with NVDA leaps

>>51114741
>we're heading to zero
yep
>china will invade in october
nope
China will beat the US to zero, they already can't even keep the power on in Shanghai.
Where my CHAD Chads at?

>>51115677
We won’t start rallying again until the Spring, so get used to all the news being bad in the short term future

>>51115677
>tfw cashgang last 10 month
>tfw bobo last 2 weeks

>>51115213
>CRAAAAAWLING INNNNNNN MY SKIIIIIIIIIIINNNN

The yield curve is still inverted you stupid fucks. No shit inflation is still bad and rates are gonna go up

>>51115667
you are trading too big if you lost 5k of 50k in a day. you will go bust quickly doing that. keep your trade minimum until more experience, even then you'd need to extremely talented to be bigly
profitable trading. so long spy and do minimum trades with stonks with mimimum cash cause you will bankrupt quickly otherwise

>>51115602
Neither.
Why would you invest in a market there will be planned disruptions of?
As the likelihood of global armed conflict increases the markets are favoring commodities that war increases demand for, cotton gained 4.2% today, and has been gaining in value all year. The pandemic was a trial run for the war based economy, which was why cotton, paper, alcohol has inflated at faster rates than other hard commodities including energy. I usually don't watch tv but I did today, and they were saying, in less words, the only bullish thing there is in the markets' outlook going into September is the possibility of global conflict.

>starting to see houses in my area in the 200-300k price range having 15k or more price cuts

its going to come tumbling down soon I can feel it

>>51114789
>>51115049
It’s because of the Iran deal, they think they’re gonna get crude cheapies from the Islamic Republic.

some anons failed their penis inspection today at jhole, jpow would like to have a word after class, that means you mumu

>>51115784
>200-300k
Where do you live,a fucking dumpster?

>>51115828
houses actually aren't too bad in Indiana as far as the market goes

>>51115828
Rural areas those are good houses.

>>51115800
>Biden would rather suck Iranian cock than buy oil from Canada

What's everyone having for dinner? Bears only please, I'm not interested in Mumu's instant noodles or rice and beans.
I'm having some salmon in a cream sauce with pesto and fresh tomatoes.
>>51115784
I'm seeing the same thing in areas I'm looking to buy.

I JUST GOT A NEW JOB THAT PAYS 44 AN HOUR IN ARIZONA. AM I GOING TO MAKE IT?

>>51115828
Red states anon. Beautiful things

>>51115844
its relieving but at the same time I don't really want to pull the trigger yet on a 30 year mortgage with rates as they are now. guess I"ll just wait to see if the fed pivots next y ear at some point

>>51115842
to be fair, I would rather deal with the Imam than Trudeau as well. Just on a personal level.

>>51115848
thats like 15/hr adjusted with inflation. So no.
>>51115828
outside of blue cities most of the US is actually pretty affordable.

Daily reminder that long term bonds out perform the emerging market. That is all.

>>51115844
Penne Pasta with prosciutto peas and onions in a garlic and white wine sauce and fried calamari.

>>51115848
Probably not, you will spend most of your money on water.

>>51115875
You ever had drunken noodles? I bet your gookfis family can make some good ones

>>51115872
Why would someone pay more to live in some shithole filled with niggers?

>>51115865
Neither does anyone else which is why prices are falling. I think waiting for him to signal a pivot then getting a high rate on a mortgage and refinancing in the future is the best option, but obviously still has a lot of risk.

>>51115667
If you going to be directional you need to get it right, or get far away from the money with your strikes. Also don't risk more than 1% of your account on a trade. When shit moves against you flatten your deltas and don't wait for it to move hard against you, start flattening deltas at the first sign of trouble, and keep flattening till you are profitable or comfortable with the loss.

>>51115921
Weird, I always pegged you as an urbanite.

>>51115941
yeah, especially when the alternative is financing at like 5%. all wait it out and see, I already have 90k currently for a downayment so by the time they actually start lowering I might be close to 150k. who knows maybe I'll be able to pay off like 65% of it outright with the downpayment

>>51115921
depends on if you like young whore vag or old dry gookslop.

>>51115667
>(other than killing myself)
Killing the Jews would solve the problem

>>51115916
Yeah my gookfu makes all kinds of stir-fried noodles, but I think I miss her fried fish the most. She takes cod and cuts it into sashimi sized pieces then breads and fries it. So fucking good.

>>51115499
I've had multiple posts over 2 years, especially over the past 6 months explaining my brainlet take on why the market is going to get fucked. Other more intelligent anons, other than bear posters, have done the same. You merely did not listen. Why the fuck would the market pump continuously in the beginning of a credit crises? What since the last "correction" has changed for the better in any economy? Once everyone has maxed their credit cards what consumer goods will they still be able to purchase?

>>51115967
At what point is the down payment not worth it? How high of a percentage should I go

>>51115995
20% is generally what you want just for avoiding having to get pmi insurance and not getting fucked by interest too much on your 30 year loan

>>51115865
Get a realtor now, ask about loan wrap arounds. It 's something my Dad did a lot of in the early 80's. It allows you to assume the sellers loan at the rate they have it at. The risk is you may be buying a very overpriced house depending on when the seller bought it. Anyway get a realtor with experience in loan wrap arounds and you can dodge the interest rates a bit.

>>51115848
That sounds pretty good anon, congrats, Arizona is a pretty cheap place to live.

>>51114870
Apple short, tesla short. Surprising how well tesla been holding up
Down for the day but not much

>>51115985
>my
She ain't coming back Baggit. Time to move on

>>51115844
https://www.youtube.com/watch?v=TBseZ5Uwrng

>>51115499
Well, it dropped

>>51115602
Oil is in a weird place, may still go up but look at 2008 chart for oil. Natural gas has Ukraine as a catalyst but I am not sold on any one energy play.

>>51116008
Thats what my father said. I have a $20,000 emergency fund, should I just stacking ibonds for the eventual downpayment?

>>51116025
She'll be back. She loves me very much and she'll come back so she can take care of me until I die young from drinking too much.

>>51116027
I can't be the only person that prefers lean beef to fatty beef, wagyu looks disgusting

>>51115091
this. last time there was record short positions. when the market didn't dump the last time CPI surprised largely to upside, I covered my shorts. Should have taken more long exposure tho. Who knew trading is this easy, just do the opposite of what others do

>>51116068

>>51115144
>before it paralyzes social mobility
Uh, i dont have my calendar. Is it still 2008?

>>51116068
You probably like it fucking burnt too don't you?

Some of you are cool

Don’t go to the S&P500 on Monday

>>51116068
no most fags like it lean and burnt

>>51116110
yeah but for real this time since inflation is affecting everything not just housing
also when housing mooned in 2008 niggas built 20 morbillion units
when housing mooned in 2021 they barely built any more units

>>51116117
no, medium well will do, you still got to chew the stuff

>>51116126
Whats gonna happen on monday?

>>51116126

>>51116068
>brown hands typed this

>>51116127
And they like their tough overcooked steak with lots of A1 sauce

>>51115540
The Fed literally said that they are forcing a recession live, so we are dumping

>>51115540
lolololololololol

>>51116068
Bro…..

>>51116133

New

>>51116194
>>51116194

>>51115486
You're really missing the big geopolitical picture. No one resisted when Russia just nibbled and stole crimea, and even set up meme republics in the east. It was when they went full retard and tried to take kiev, kharkiv, kherson, (odessa) too that shit hit the fan. apparently, there was a lot of resistance or we wouldn't be 180 days into the 3 day operation.

You're also misunderstanding the history of the Republic of China (aka Taiwan). Taiwan originally ruled over mainland china, and was only subjugated 400 years ago. Even under occupation it was with constant rebellions and revolutions against the mainland. It switched hands between the japanese and china and finally they had independence. The overall low-quality build of china's military, 100 miles of pacific ocean, and the fact 95% of them do not want Chinese rule is a great deal of resistance.

>>51115667
HNDL/JEPI or other funds that hold value and pay a dividend monthly is the only way.

>>51116206
i know both of these things. i'm not sure what you're getting at.
i'm not talking about the path of least resistance for russia in the first case, but the west in general, and the fact that pressuring taiwan is a the path of greatest resistance is exactly my point.

>>51116288
> path of least resistance would have been to let russia take ukraine
I think you a typo so I misread the rest of your comment.

>>51115557

>>51114514
It is literally over this time. There is literally no way world bounces from this shit and everything resumes like nothing happened