/biz/ - Business & Finance

>>52319780
Redwave

IT'S FUCKING HAPPENING

BINANCE WALKS AWAY FROM THE FTX DEAL - WSJ.

>good thing I didn't invest in bitcoin
>*checks port* still down 50% ytd
t. a stocklet

"I'll dump it tomorrow"
"You'll dump it now"

Absolute market ass blasting

did i mention there is no blacks or spics here either?

with my stocks turning red
it's getting too risky
to cope i might drink this
whole bottle of whisky

Last warning: GME run up is starting. Spy uncoupled. Thrusters ready for launch.

this is obviously a big gay overreaction to literally fucking nothing c/o a finance industry that blatantly games market hours to assfuck the public that's been conned into thinking we live in a democracy with a market economy

>>52319791
As was promised, so was delivered.

>>52319836
ya the myth of market returns

>shitcoin

spy sub 374 close come on come on COME THE FUCKING ON YOU LITTLE BASTARD

>>52319788
The $5 footlong was perfect. Better than fast food, but still a garbage sub. Charging $10 for a footlong turkey sub of their caliber is a fucking joke. Not to mention they treat their employees like trash so they always have a fucking attitude when you go to order. Last time which was probably a year ago, I order a sub and the employee looked miserable. When he went to go put mayo on my sub the container was empty so he chucked it as hard as he could at the sink. I actually found it amusing but at the same time wondered how the hell this business model even exists.

If you didn't vote then pretty much fuck you desu also

can't wait for tomorrow cpi to save my bags

So what exactly determines oil price? Because it sure as fuck isn't supply and demand.

Of all the reasons the market could have for dumping it had to be fucking crypto.

That doesn't make a lick of sense.

>>52319859
Yeah well I could assfuck a donkey and call it my wife; that doesn't mean I have a family now

>>52319903
More like everyone closing positions ahead of rape hike CPI day

>>52319903
It's a combination of things! It's not that hard to understand you zoomer cunt

>>52319827
nice, don't drink too much though

ruh roh raggy

>>52319883
I live in PA and voted for the roach knowing he was toast. I'm fine with the democrat's riding America into the dumpster. never liked this place anyway.

>>52319883
>voting
>when Jews are allowed to exist, the federal reserve exists, and the WEF exists
Voting is a midwit attempt at changing things. All of the people at the top that control the politicians are not in power because of votes. They are private entities. Voting exists to give you the illusion of choice, nothing more. Nobody makes it to a ballot without a Jew handpicking them.

Well that was gay.

bought 1 (one) additional SOXL put for $7 in January. Am i gonna make it bros

VIX futures

I voted for Ron Johnson

wbu anon?

>>52319948
It's just a poem. I don't drink that often anymore. I had a beer last night with my burger, and I think that was the first time I had alcohol in two months

After hours and pre market the fireworks will begin.
$GME

>>52319903
It’s not because of shitcoin you fucking retards. The market was poised to go down when Powell talked last week. BUT because there was an election coming up, they pumped the market artificially to give voters more confidence in the Democratic Party going into the polls. Now that elections are over, they’re done playing the game and are letting the market move as it should’ve.

Bros is it time to buy Disney (ticker: DIS)

got me a spy 381 call

Ding ding ding! How did it go today anon?

>>52319897
consumers buy gasoline and diesel. Refineries and governments buy crude

>>52319988
It’s over

>>52319836
>this is what bulltards actually believe

>>52319982
>immediately down 2%
lol

>>52319815

"I'll dump now...."

>>52319988
5 day options winning streak halted by FAGGOT NIGGER VOOTERS WHO CAN'T PICK A FUCKING WINNER so im pissed I'm glad the average American suffers

>>52319988
Not well

>>52319988
+ 2.5%

Not bad. Not bad at all considering how much I have been heemed the last weeks.

Unity bros... how we feelin

>>52319988
Stupidly lost everything I made yesterday...so breakeven. It could be worse I guess.

>>52319957
We need to start a /gib/ general. if all the immigrants are just going to use their vote to enrich themselves, we should too.

Been thinking more about Microsoft acquisition of Blizzard.
Currently trading at 70, was 65 before this was announces and it will sell for 95 if the acquisition gets approved.
I looked at the investigation board and it seems up in the air. I'm thinking of opening a long position with a stop loss at 10%.
Alternatively looking at buying a bunch of calls for March.

>>52319988
oil fucked me
I got chewed out after work for not doing someone elses work.

>>52319988
If I didn't listen to that TA nigger I would of made about 4-5k more.
No one to blame but MYSELF FUCK

>>52320083
I'm already neetfagging on ebt lmao

>>52319988
Up 2%!

>>52319802
Nothing ever does

>>52320138
Wow 20k gain? Pretty good

What do we have for tomorrow then? I'd guess a pump at open followed by dump till EOD?

BTC is doing what it did back in 2018 KEK. Same price action

I just discovered TSLQ. Is this the ultimate retirement ETF?

>>52320110
My brother is on disability, gets food stamps, and works under the table for cash. He's literally the antithesis of me.

>GUSH

this crypto collapse might actually be the black swan that takes us from regular old bear market to actual financial crisis.

Why did the market shart itself?

/cashgang/ right now...

>>52320234
you're clueless, 99% of finance wouldn't touch crypto with a 10 foot pole, but yeah keep on daydreaming about your doomer fantasies that will never happen

>>52319819
>Slavery banned
Not so fast...

I ordered some red candles.

>>52319988
Rough day.

>>52320246
If it turns out to be that CPI leaked, I'm going to go out and find a boxed copy of minecraft and shove it up my ass

>Comedy is now legal on Twitter

>>52320279
>99% of finance wouldn't touch crypto with a 10 foot pole,
Lol. Lmao, even. go look at who's invested in FTX

>>52320212
>BTC is doing what it did back in 2018 KEK. Same price action
Go back to the crypto pits Bhagwan Shree Rajneesh

>>52319988
>-12.77% after daily inflation

>>52320333
>checked
i've been in this general for longer than (You)

>>52320234
>black swan

Boy, /smg/ sure is dumb these days. More like a black canary that’s a frontrunning indicator for a general collapse in the market. Crypto is a big speculation play that hasn’t even shown real efficacy or utility as of yet. I expect real estate and retail to follow suit in due time.

>>52320285
Means the opposite of what you think it means because of the verbiage on the ballot. They tried to big brain the voters and get them to vote for slavery and it backfired.

I don't know what FTX is and to tell you the truth, I don't want to know.

>>52320323
Funny, saw the same theory on twatter about a supposed leak. How bad are the numbers?

>>52320384
A jew got out-jewed by a chink

>>52319988
heemed, redeemed for a loss, and reheemed on the other side. like a midwit retail goyim. fuck. but its alright.

>>52320384
They were basically doing things with coins that have been illegal with stocks for decades... and then everyone got fucked

>>52320279
Crapto is still worth $1 trillion, or four facebooks. It's not a big bank but it has some impact.

>school ends
>suddenly cryptotards come out of the woodwork

>>52320406
To be fair CZ is like a final boss in the crypto pits

>>52320400
This. Who has the new CPI number?

Dump day tomorrow.
Don't get caught holding bags.

>>52320406
>A jew got out-jewed by a chink

>>52319988

Pretty normal day of -4.75%
Being a commodity holder has it's benefits, I'm not phased at all by these drops.
It's like a standard by now that everything fucks you hard, especially when you add more holdings into the portfolio.

Today has been extremely based. :)

>>52320425
so me calling him Sam "The Bank Man" Fraud was totally accurate. go figure

>>52320383
Oh that's bullshit. Frankly any amendment past the 12th should be scrapped. The 11th too.

>>52320190
cpi numbers, I call it mixed, so some kind of nothing is expected

>>52320384
Second largest crypto exchange, shorted by its competitor, turned out to be completely insolvent, potentially billions of dollars in debt, in the process of getting bought out by competitor.
It's likely that this explains yesterday's downwick.

>>52320378
one of the largest crypto exchanges on the planet, backed by a horde of hedge funds, wall street banks and various pension funds, going from kings of the world to worthless in a few days is a black swan event, regardless of your opinions on crypto itself.

>>52320435
>four facebooks

>>52320331
>Lol. Lmao, even. go look at who's invested in FTX
Isn't the Ontario Teachers Union's pension somehow tied up with crypto?

>>52320384
Imagine a bank spawns out of the blue, drops billions in ads promoting everywhere that everyone should switch to them. Then during a bear market, they become insolvent.

All taking place within a year and a half.

feels good selling a ton of my holdings yesterday

I put $200 into robinhood drunk as fuck on saturday night because I like watching the bars.
It's now worth $151

henlo esemgee
how r u 2daye? :)

>>52320400
How reliable has their number been in the past? https://www.clevelandfed.org/indicators-and-data/inflation-nowcasting

>>52320472
impressive antisemitic instincts anon
your credit score has decreased

>>52320500
AAAAAAAAAAAaaaaAaAAAAAAAAAAAAAAAAAAAAA

>>52320472
I don't know if it was outright fraud, but in hindsight it was obviously stupid and risky.

did SIX flags get halted?

>>52320455
Surely you're not comparing That unit with fucking bankman

>>52320091
better to just long MSFT in the end.

>>52320520
sshhhh sssssshhhh
its okey fren :)

>>52320510
>your credit score has decreased
so that's why every option position goes against me now...

>>52320527
what? no why would you think that

>>52320527
Can't imagine why. They're announcing earnings tomorrow morning.

>>52320565
But I lost money today~

>>52319988
>>52319999
Yikes

>>52320482
How is that a black swan. I foresaw crypto going to shit. A black swan is like COVID; something that comes out of nowhere and surprises everyone. Like an asteroid impact or Godzilla, a force majeure. Crypto and crypto exchanges have been tenuous since Bitcoin hit it’s ATH. Totally predictable or at least plausible.

>>52320491
>The Ontario Teachers’ Pension Plan confirmed that they made a big crypto investment in the world’s third largest crypto exchange, FTX, and now, will have to write off that investment.
>https://bitcoinwisdom.com/ontario-teachers-pension-plan-writes-off-investment-in-ftx/
I thought teachers were smart, but I guess its the tax payer who is going to get stuck with this.

Anyone trade CFDs?

>>52320620
>I thought teachers were smart
Come now, anon, do we really have to post the chart showing education majors as the lowest IQ?

>>52319988

>>52320620
>I thought teachers were smart

Im watching biden giving himself a pat in the back. Unironically who is winning?

>We had all this plans and did nothing
>We inherited the country in the gutter
>We are just getting started
>We will create jobs and handle the economy

>>52320648
CFDs nuts lmao

>>52320616
Truth

>>52320620
Lol, holy shit Canada sux. There was so much dumb money in crypto. Time to pay the piper.

>>52320698

>>52320616
terrible argument, by your own logic how is a pandemic especially of a SARS virus a black swan?

>>52320664
That bad, huh?

>>52319819
>Absolute market ass blasting
I just DCA into my positions each week. Looking to cash out in 5 years for a home down payment.

>picrel is me irl

>HAS
MTG is dead. Company is dead.

Man I wish Pokemon would go public, at least the TPCI branch. I won't want to touch Nintendo at the current price.

>>52320704
>Ontario Teachers’ Pension Plan’s huge investment in FTX has stumbled and reduced to ashes following the significant crash of the FTT token which has left the crypto platform with nothing. The worth of the platform and its CEO, Sam Bankman-Fried, was majorly in FTT tokens and since most of the tokens were with the firm, there was an extreme lack of liquidity for the native token of the exchange.
>As a result, the lack of liquidity and the FUD of Binance selling almost $2 billion worth of FTX tokens led to a huge crash in the price of FTT token. As the price of FTT went down more than 70% in a day, the $32 billion valuation of FTX, which was constant at the time of investment from the Ontario Teachers’ Pension Plan, has been reduced by a significant margin.
>"Given the fluid nature of the situation we have no comment right now,” Teachers’ spokesperson Dan Madge said Tuesday"
lol, lmao even.

>>52320698

>bought spy call at close
>up 20% in 15 minutes
>sold
too scary going into tomorrow

>>52319999
Bros...

>>52319988
I lost my gains and i am back to where i started last week. Down 100 dollars in total

>>52319970
Why not a SOXL call? Wouldn't there be more upside?

>>52319780
Holy fucking shit today was a bloodbath.

What the hell happened, did investors fall for the red wave meme and got pissed when it didn't happen? Looks like it might get even worse later this week too.

>>52320756
It was fairly painful.
>For me

>>52320944
That, and crypto's basically done for.

>>52320887
I meant SOXS call
>>52319970

>>52319780
does anyone have a meme of joe biden holding the thanos glove and gains disappearing

>>52320831
Lmao good, fuck Canada and fuck teachers.

>>52320944
They thought the red wave meant politics.
It was really a prophecy for stocks.

>>52320648
computational fluid dynamics ??
>CFDEEZNUTS

>>52320754
It (COVID) took the markets and economy at large off guard and unawares. Are you saying you knew exactly how it would go down as soon as Trump instituted the travel ban on China? How much open interest is on crypto puts right now? Many people saw crypto circling the drain for months now? The whole space is scammy and overleveraged. How could anyone not see crypto crashing when FTX didn’t even have a war chest?

What am I missing that you retards seem to be convinced of? How did you NOT see this coming? I didn’t think it would be this soon but I did think it was inevitable if conditions kept worsening.

>>52320944
Anon, we still have the railroad strike, and the diesel shortage to look forward to.

>>52321091
I thought the railroad shit got cancelled...?

The catalog is getting spooky

Why do I continue to play earnings? I never ever guess right. I shorted Dutch Bros thinking I was a genius, but miraculously the had a good ER. Its not fair

AMZN down 50% YTD soon, when do you slurp?

>>52321130
It got two more weeks'd until December 9th.
>https://www.msn.com/en-us/money/companies/important-us-rail-union-extends-cooling-off-period-continues-talks-to-avoid-strike/ar-AA13VqKV
With the congress being so split I doubt they will act to force them back to work.

>>52321130
>>52321091
>If the railroads fail to give up one penny of every dollar of profit for paid sick leave for their highly valued employees by December 8th, and there is either a strike or lockout or both, then the railroads will be responsible for the imposition of a shutdown of their operations and the economic harms to its customers, the country’s economic supply chain and the entire U.S. economy.

-https://www.bmwe.org/secondary.aspx?id=714

>>52321054
Well, in europe the flu reached Italy first on february if i am not mistaken and latter the US if i am not mistaken, but the pandemic started much sonner there. The markets might have been caught off guard, but i suppose a few (even if just a few) persons and companies were bright enough to see it coming

>https://youtu.be/XnwRMaW-Kdc

uhhh swan bros?

>>52320648
I blew up my CFD account back in august

>>52321206
>86 P/e
>thinking about slurping

>>52321206
When they become a good buy

ASMB stock ladies!

>>52321209
It will be two more weeked until 2200 when everyone is dead.

> Short Tesla nad long SPY
> Big as green dildo on Tesla
> Shit myself nad sell
> Spy -2%
> ???

>>52321206
Forward PE of 25 is fair. It's at 40 now and with better economic conditions it would be a steal but read the room.

>>52321209
>>52321225
Oooooohhhh ffffuuuuuccckkkkk

If that happens for real, then we could very likely get the Great Depression 2.0 in 2023

>>52321225
I hope they have the balls to go for it.

>>52321206
Unless they actually make Twitch not shitty anymore and reduce their P/E somehow, then no point buying their stocks at all.

>>52321054
you're missing the specifics of the situation which is what differentiates it. you keep talking about crypto in general terms, but this is about a specific company going from wallstreet darling to bag of dogshit 2008 style in less than a week. which in turn is triggeringa collapse in crypto across the board. people were predicting covid, first china cases started getting attention in fringe media at the end of 2019. bears on twitter were screeching about a coming crash months before it happened, and then most of them got smoked by the speed of the following rally.

>>52321155
I'd only play earning in a bull market. Cause almost always they get a silver lining to pump. In a bear market you could lose your lunch money both ways.

>>52321326
>Forward PE
>a literal brainlet linear extrapolation based on nothing

>>52321252
shut the fuck up martin

>>52320609
stonks isnt aboud monye
ids bout havign fun :)

if yuo ar havign fun with ur esemgee frens thats waht relly maters :)

>>52320813
>MTG is dead
What's Rudy going to do?

>>52321206
>>52321379
Amazon will go lower than anyone expects. Im talking $30 a share next year. Screen cap this

>>52321448
he's shilling pokemon now

I’m just happy that crypto is getting blown the fuck out, time to stop living in a fantasy world

Is AVUV the big brain play?

Bros Clorox recalled Pine Sol because it has bacteria in it.

>>52321290
you should tell us about your moves ahead of time, sign you posts with

mCUKzY

BITCOIN IS BELOW $16,000

AHAHAHAHAHAHA

>>52321226
I am trying to tell you that there is a literal definition of a “Black Swan” and that crypto crashing in current market conditions is not a Black Swan. This shit is as natural as a forest fire and, if you used your noodle, you’d have seen it coming from a mile away. I’m gonna buy an entire BTC when I think it’s bottomed out, so I don’t think crypto is useless, but c’mon, this shit ain’t a fuckin black swan, buddy. 9/11 was a black swan. The assassination of Franz Ferdinand is a black swan. The black plague was a black swan. Crypto cratering is a symptom of an overall end to easy money from central banks.

>>52321434
this is what I try to tell people, but they still slave over trying to make an Epic $1000 instead of just having fun clicking the buttons

>>52321471
Im glad because my retarded ex boss actually had his life savings in crypto. Now i might even hire him to work for me

>>52321254
What are the advantage to options vs CFD, the people on WSB always seem to use options for speccy bets

>>52321448
He's scaled back a ton of his magic position. I'm sure he's still slurping the HAS stock dip though he has 7 figs in it and collects that divvy.

>>52321550
Black Swan has been so overused and diluted. There are a ton of people in finance that think all crypto is going to 0, that's because it's a virtual asset with no intrinsic value. I can't wait for these crypto children to be vacated from /biz/ so we don't have these insane delusions that anyone outside a small handful of institutions give a fuck about playing Greater Fool with made up currencies.

>>52321450
lmao if they keep losing hundreds of billions in market value, then I guess they will have to do some massive cut backs in budget.

I predict shit like Twitch and Whole Foods will either get shut down or sold off to China to make up for the losses.

>>52321471
My friend had 30 grand in BTC and the dumb faggot wouldn't take profits. Just kept buying more.
>>52321550
This, internet money is not a store of value.

>>52319988
Oil stock options down 40% and I got fired from my job so now I can watch my stock options go up or down full time now!

>No circuit breakers
>No instrinsic value
>Next Weekly "support" at 13800
No reason this train is stopping anytime soon.

Someone called?

>>52321401
You’re saying that FTX going tits up was totally unpredictable and I’m telling you that I and many others predicted it. Just because you didn’t predict it doesn’t make it a black swan. When many other coins and exchanges/crypto banks have been folding one after another for months it isn’t suprising that a big exchange would go under as well.

I’m making another prediction… : Binance and Coinbase are next.

>>52321550
>The Black Plague was a black swan
>Everything is a black swan except your black swan!!

>>52320620

The exact same shit happened here in Finland as banks invested a shitton of money in paradise island tax haven scam construction projects and lost it all, which was one contributing reason for our economic collapse in the 90s.
Financial "professionals" are about as retarded as your average Joe who chases get rich quick schemes.

>>52321497
>Bros Clorox recalled Pine Sol because it has bacteria in it
WUT?

>>52321666
Coinbase will eventually go out of business, but its assets are strictly audited since it's a publicly traded company following SEC law and GAAP reporting.

you know this means we're pumping tomorrow

>>52321470
kek
>>52321603
>He's scaled back a ton of his magic position.
How does that even work?
Scaling back on his physical cardboard holdings?
Did he successfully dump the stuff on his followers at ATH prices?
What about his warehouse full of cardboard? He managed to liquidate it all just in time?

>>52321666
Satan that is a good prediction you got there

>>52321710
AAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHH

>>52321591
CFDs are illegal in the US. Most english speakers online are from the US, so to get leverage they use options instead.

>>52321550
Sorry dude, i am tired as fuck and i am not entirely following the dialogue between you two, i understand you are talking about crypto while i am talking in general terms
This shit will be like 2008, we are going to live with it for years, specially on account of how they printed money for a quick placebo
Right now China is still being fucked by the virus and the markets are suffering, i am by far not an expert but this is the opinion i could muster from what i saw

>FTX Super Bowl Commercial only 8 months ago

Holy shit crypto will just not stop ahahahaha I fucking love it

>>52321748
Not based on the postmarket.

>>52321787
Oh that explains it, I'm in the UK, didn't realise they were illegal.

>Reid wrote in his note on the chart that despite midterms being the typical “positive catalyst” for stocks, “we’ve also recently said that we think markets will be lower next year and that the usual midterm pattern ultimately won’t repeat.”'


red wave bull bros... got this from yahoo finance

>>52321785
>we are going to live with it for years
Even if we dont even notice it. I would say that western polarization in politics has more to do with 2008 than "urr durr putin rigged everything"

Crypto bros..surely tomorrow will be red

>>52321617
I’m excited for the hard lessons to come. I want to see the lamentations of zoomers and boomers alike. Everyone that didn’t punch out of speculative assets YTD at a profit is gonna wish they weren’t so greedy.

theres so much information about so many different aspects of the economy and the market
how do you sort through it all to find what's actually useful?

>>52321760
Nah he cut about 60-70% of new box orders. People aren't buying new product anymore and both customers and Rudy would rather wait for Hasbro+Amazon flash sales that always happen. He's still sitting on all his old stuff, but in his most recent video he's contemplating selling sealed product from 2013-2019.

whats USDC and why is it the only crypto not shitting itself

what is it with the tourists in the thread.
JANNY you have some banning to do

>>52319988
I slept the whole day and woke up to +8%. The market was really huffing that republican hopium last night, which is too bad. I was hoping the they made a clean sweep

>>52321785
>China is still being fucked by the virus

>>52321900
you buy index funds and chill

>>52321900
>form hypothesis
>check hypothesis against historical data
>repeat

>>52321669
Haha, ok retard. Have fun getting money off your taxes for your retarded, no-utility monopoly money investments.

>>52321921
bruh :) good bait if so

>>52321900
Follow the fucking money. The bond market and bond market derivatives FUCKING DWARF equity 3:1

>>52321900
Just use a handful of indicators to get an idea which way market will go. They're right more than not. Have fun.

The pink catalog index makes me think things are about to get much worse. More pain to come.

>>52321966
>>form hypothesis
how do this?

look at macro trends and pick an industry then compare some companies in the industry and pick the one you think is best then buy when it's at your estimated fair value?
is this it or am i missing something?

>>52321865

I'd say it goes further than that back to the Dotcom. It's just getting more polarized and aggressive as the global economy dies under the weight of the failing markets.
Real growth period was from 83 to 2000 and then there was a massive collapse and the US has been printing an increasing amount of money to supplement the failing GDP ever since.
They just managed to come up with powerful financial instruments to prop up the markets until 2008 and then they openly started throwing everything remaining at the wall to make the line go up.
We're going to see things get even crazier as pensions start failing along with the welfare funds. This current polarization is just the start.

>>52321921
Called a stable coin, I'm sure you've seen the term floating around. It's a coin that is matched to USD 1 to 1, and exchanges """""""""promise"""""""" that they keep the reserves accurate at all time.

They totally wouldn't mint new USDC and not have the dollars to back it for free money, no sir.

>>52320831
>Bankman
lmao do they really

>>52320496
You are my type of investor. I love you, anon.

>>52321206
Quick math is another 40-50% decrease.
That's where I'd legitimately consider buying AMZN. Though I doubt it gets there. At that point we'd be in pretty deep shit with another massive dollar deval looming. More stimmies. More QE. The next stagflationary jump is inevitable.

>>52322055
it's all a shakeout, meltup imminent. give it two weeks.

>>52322096
I just looked it up before reading your comment and you're right. Holy fuck why wouldn't you just fucking hold dollars

>>52319827
Mine is empty fren

>>52322107
Damn, that is a lot. I don't own any AMZN today but wanted it in my portfolio. Of the big tech I like MSFT the most though.

> FTX is seeking emergency funding to meet withdrawal requests, saying has a shortfall of $8 billion, per WSJ.
So, what does it take out?

>>52320831
Good. Fuck 'em.

>>52322159
Because only banks can hold your dollars for you

>>52321591
I see options as straight up gambling in a jew controlled environement. Omega, alpha , sigma , beta greek letter jewery. You gotta get time and price. With cfds you gotta get timing and movement. But the timing can be offset by lowering leverage or increasing cash amount. Overnight fees are not high on usual stuff. Cents when you are getting constant 50€ movements. But other stuff is high, I fell for the VISL nigger shiller last year when it was at 3$. On a 1300$ position(20% margin) I was paying like 15$ daily. It got a big slingshot and got out with a few yuros profit.
Cfds are also illegal in the US as SEC jews don't want to see people making it and want them trading at their specific nigger goycattle hours(9h30 to 17h) so bigger jews can jew goys when they can't trade. Nasdaq is futures and alot of stocks are tradable from premarket to market close. On futures after a red day, you get a pump at 2am(france time) which is just after the aftermarket closes. You can long on leverage and voila. Sell before prefutures open and get profit.
In the UK, CFDs are taken as gambling so gains are not taxed there. If you are good you can profit good on it. But also loses can't be deducted.

>>52322159
If you want a non-tic tok zoomer explanation here's the video I watched a few months ago.

https://www.youtube.com/watch?v=iisPX_xVMV8

Robinhood is partially owned by Sam Bankman and his multi billion dollar crypto empire is imploding.
Get your money out of Robinhood or you genuinely get what you deserve.

>>52320831
Everything and everyone in and around tronto can go burn in a lake of fire.
t. berta

>>52322274
>what are credit unions

I love checking overhyped stocks from the past like MARA, WIMI or GEVO. Good times, plenty of retards who bought shit like that for long hold too.

>>52322407
HOOD is unironically a blood in the streets panic buy here - not for longterm, but for a deadcat bounce

>>52322422
A credit union is a bank. That’s beside the point, the cost of withdrawing and subsequently depositing again from a crypto broker just to hold “real” dollars when you could just use a stable pinned coin instead is rather large. It takes 3 days to move cash anon

>>52322387
Thanks for the QRD, much appreciated. I think they'll fit my need then.

I was to open a decent position based on this blizzard/microshaft deal

>>52321900
You gotta be nooticer and have good pattern recognition

>>52322469
>not even at annual low

>>52322387
>In the UK, CFDs are taken as gambling so gains are not taxed there
No, that's spread betting. If you trade CFDs in the UK you still get taxed on the gains.

>>52321900
Follow silver and gold etfs. But options following those two and make consistent returns.

>>52322469
I understand someone swinging their stock but if you are actively holding money on Robinhood you need to
Get
it
Out

I know anons here have their life savings on that broker and I don't know what else to say. Get it to your bank account and open a Fidelity account.

>>52322463
also EH. I remember when the video dropped showing that this chink scam is nothing more than empty warehouses. $120 SP back then, $3.5 now.

>>52321666
none of your examples of black swans were unpredictable either. even 2008 was predicted and yet the consequences of the bank dominos collapsing is viewed as a black swan event in contemporary culture. your arguments are just meaningless pedantry. and i know for sure you didn't predict shit, otherwise you would be making money hand over fist and not making shitty arguments on /biz/.

>>52322593
This. I fully dumped robinhood, even taking a 3k loss on some stocks, to get completely off that platform and into fidelity. Did this when they completely fucked gme.

Feels good to watch those niggers burn

>>52322653
there is NO reason to use Robinhood when Fidelity and Vanguard and even Schwab exists

>>52322593
Yeah but fidelity are gigger niggers that won’t let me trade options

There was another one of these patterns for philadelphia making it into the world series too. It's ogre

>>52322593
I think any anon in /smg/ should get their money out of HOOD anyway just because they should be using TDA or tastyworks - TDA if they trade more futures & shares, tastyworks if they trade options
but the stock HOOD itself I think will have a little bounce from here - we'll see

>>52322159
There's no way to quickly transfer your dollars around online. Bank jews take a day to process. Which is really only a problem if you want to constantly buy/trade random crypto shitcoins.
Stablecoins would have no purpose if our government released a CBDC dollar, but that'll never happen because governments always want a higher level of tracking/security which defeats the whole purpose. People want an online version of cash - private, untraceable.

>>52322653
the people here would have a better chance retaining their money if their broker went bankrupt and froze their assets at market price since they'd stop losing money lol

>>52322538
Ahh well. I thought it was. Now bisto's gravy is the ONLY good thing out from england

>>52322705
To play the other side, Robinhood's mobile app is solid and Fidelity's is pretty bad.
But this isn't about ease of use.

Robinhood is partially owned by Sam Bankman. Sam is imploding and may even go to prison for financial fraud. Robinhood is not profitable and is highly leveraged in both crypto and stocks.
You need to get your money out of there or you're going to be stuck for years waiting for the government to get you your money back if you're lucky.

>>52322724
Wrong, there is a value in irreversible transactions. And governments will likely eventually completely ban the non government digital currencies due to the obvious nature of crime it commits in terms of laundering/terrorism finance. Not just the drug trade.

>>52322593
Once again, I don't use goyhood and it's a shitty broker but it's literally FDIC insured. You're a retard.

If you're shoring it you don't have to make up FUD. We all know it's terrible.

What am i shorting tomorrow?

>>52322842
>FDIC insured
Anon the point is about waiting months or years to get your money back from the government and filling out a fuckton of paperwork.
Do you want to do that? You fucken smartass?

BUDDY we told you two weeks ago

>>52322842
FDIC is literally not funded anymore dude, and it only funds direct cash holdings to boot.

>>52322865
wework sounds like the easiest short

Im tempted to get 100 TSLA stock after hours. This cant go down forever, can it?

>>52322865
Man... I do business with some of those companies

>>52322796
do people actually day trade... on their fucking phone?

>>52322810
Wrong. You repeated my point and then said wrong. Try reading the full post next time.

>>52322107
you wont buy

>>52322923
Buy VTI or VT anon

>>52320083
*you* can't do that
let me guess, next you'll say white people should act collectively towards their interests, or something similarly absurd

>>52322886
Schizo.

>>52322904
And SIPC?

>>52322923
>buying on the way down
lol musk has ruined his brand, and competition is already nipping at his heels. He missed his chance by failing to produce enough cars for 10 years straight. It's over for tesla

>>52323029
>anon unironically telling people to keep their money on robinhood because daddy government will quickly bail them out and give them their money back
>calls others schizo

I'll keep warning anons to get out. Cope and seethe.

>>52320406

>>52321017
too expensive :(

>>52323075
Even if RH completely shits the bed there would be a bidding war for which broker picks up their accounts, you schizo retard.

Here we go, here comes the schizos. Please share your theories about the US defaulting and FDIC having no money.

>>52323270
fuck you

>>52323270
based, dab on those retards

>>52323238
Haha yes, keep your money on Robinhood while this happens.
lol. Lmao, even.
Fucken newfag

>>52322886
You're from reddit. Nobody cares that GoyME was halted, you shouldn't have been trading such a shit company in the first place. Go concern shill elsewhere please, we honestly don't care what you say.

>>52322952
>you wont buy
You're right, probably not. If AMZN crashes 50%, it almost certainly means the whole market is crashing 50%. At that point I'd rather just buy the same old stocks that I'd rather buy today.
There's just not much upside in amazon at this point. It's not a very interesting choice. It's comparable to buying long dated treasuries. Lot of duration risk when you can just buy the 6m ones and get better yield right now.

But in a vacuum, if everything were exactly the same as today and amazon was trading 50% cheaper, then it might be something worth looking at.

Who is this Margin guy and why is he trying to call me all the time.

>>52323367
RH is actually probably the most solvent broker of them all.

>>52323383
What's wrong with reddit?

>>52323482
It's full of faggots, such as yourself, faggot.

>>52323482
It's owned by China stay woke.

>>52323270
Bro Bitcoin dropped heckin 10% today, so the government is going to default. Robinhood is going to seize your assets for 10 years to pay for crypto losses.

>>52323367
>Robinhood is going to collapse like FTX!!!!!
>well, you'll still get your money
>and yes you can still withdraw
>and absolute worst case your account is moved to Webull or ToS
>BUT OOOOOOOOO ITS OVER THE WORLD IS ENDING
Mental illness. I can't believe you schizos are getting me to to defend Vlad.

Heh. Let's just say that as soon as the US defaults on its massive debt and people realize the FDIC is completely insolvent, my stack of silver coins with cute animals on them will ensure the survival of my future family that I will raise with my based tradwife in the wilderness.

>>52323482
Because your reddit or 4chan. Although WSB seems alright still, it's a chasm

>>52320234
Look up nasdaq and zoom out by a year.
We're already in the financial crisis.

@robinhood schizos

I don't give a fuck about crypto or some crypto jew maybe having to sell his robinhood shares. They beat earnings and their liquidity isn't impacted by this nigger tier zoomer conspiracy theory that the world is ending because dog coin is at an all time low. Tongue my anus I'm buying HOOD leaps and gonna keep trading on my phone and outperforming you retards

Is the S&P500 gonna hit 3200?
I normally put half my paycheck into an index fund but I've been holding off in anticipation of the Dems rigging the election and I wanna dump at the bottom

>>52323529
It's pushing -14 to -15% currently. Do try to keep up old boy.

>>52323270
Ok but the FDIC actually has no money, it’s only funded like 450 million last time I checked. That’s fucking nothing

Can crypto just go away already. Internet money is a stupid concept. Holding money for value is stupid. Buy a house, land, productive equipment, a business something useful like non retards do.

New

>>52323636
>>52323636

>>52323614
guaranteed it does. question is will you be patient enough

>>52323639
no because digital currency is objectively revolutionary compared to most of our traditional financial instruments. Dumb fiat shill

>>52323639
Ok Boomer. That's enough internet for today. Let's get you off to bed now.

>>52323683
nobody uses digital currency as curency, it's a failure

>>52319834

>>52323713
just because they aren't using it how you want them to doesn't mean it's not being used. 5 years ago half of the shit we're doing was unheard of at the volume being done today.

>>52323772
You will lose everything.

>>52323816
>hurr i have no counterpoint you're going broke
/r/buttcoin is down the hall to the left, friend.

>>52321710
The truth is there are no experts in investing. It's all gambling with strategies to mitigate risk. Even Warren Buffet types make horrendous mistakes. The difference is that they can take it because of how rich they are.

>>52321048
Lmao

>>52322058
It's betting red or black with more steps

52323482
(You)

>>52323482
Everything!

My asshole is five feet wide.
I think I got fucked by the entire Nasdaq football team.

>>52321497
First TUP, now CLX, is no staple safe??

>>52323482
>What's wrong with reddit?
tha post

I have roughly $7k saved. I will put 50% into Alphabet and 25% into both Microsoft and Amazon. We have to have confidence that things will be better. Gas went from $5 to $3.5 a gallon, but nobody talks about that. We gotta talk about this, we have ti talk things up.

Some people have no faith in this nation. People who refrain from buying now are missing the biggest opportunity in their lives. A year ago, you wished you could buy these companies for such a cheap price. What are you waiting for?