/biz/ - Business & Finance

>FDKVX
Is it retarded or just meh for retirement

Greenday
Dxy is faking it worse than my wife

>mention working at all on /biz/, /pol/ or other meme boards
>immediate seething about how work is wage slavery and it's better to be a neet investing their pennies in quantum buttfuck coin or trash compactor penny stock to hope it goes to a million
People on this website are poor because they aren't even willing to work overtime for a month if it means they can double their take home pay.

Hope the market goes up. Also unrelated but How Money Works is a shit channel goddamn. Finally cracked and watched some of his videos.

>futures

How are you bros spending Sunday night. I personally am enjoying some nice cold stones and some bappy voodoo chips.

>>52641766
Got some snacks and watched Alien for the first time.

>>52641718
just keep your big stash in SPY or VTI and manage your own Cash position. Buying these Target Date funds are the ultimate in lazy portfolio. If that is your thing, >https://www.bogleheads.org/

Time to long vix?

>>52641766
Having a rye and coke, watching Paycheck (2003) and doing some DD on what the fuck is going on in China.

>>52641732
That's a cat
Crab day, dump red pump green at 8 AM, dump at open pump at 10 AM seems green until 2 PM dump until 3:30 then pump back up to break even.

>>52641856
Based paycheck is a great movie. I'm watching bushwacked myself

What are you doing to /makeit/ in 2023, /smg/?

>write a book
>speak at a conference
>facilitate a training event
>finish my master’s degree
>don’t get fired for another 12 months
>save another $25k for a $50k down payment on a house

These are my goals. Wbu guys

>>52641886
>bushwacked
>Daniel Stern
Oh wow, I'm gonna check this out.
>Paycheck
It's great, the early 2000's tech is the real kino.

Why are the oil equities looking inversely correlated to the price?
What is this?

I’m longing PM right now

>>52641946

Oil equities were severely undervalued for a long time due to ESG shenanigans and cathie wood fart huffers

>>52641924
I’m gonna not kill myself and that will bring me one step closer to doing something with my life

>>52641964
Re-rating? Is it actually happening? It can't be.

>>52641961
My god!!! Those milkers...

>>52641924
My goal is always to not get fired. Doing pretty good so far, but I think I need to work slightly harder to not raise suspicion.

>>52641849
Do not buy VIX, short or long. It's a worthless indicator ever since they fucked with how they calculate it. Do not.

>>52641979
it happened when XOM dropped its nuts on WallStreet the last earnings

>>52641961
Should I start smoking cigars? I hear they aren’t nearly as dangerous or addictive as cigarettes. I smoked a cigar once and it got me a nice relaxing buzz, and I did desire cigars for a few days after that. I drink whiskey and I hear they’re a good pair. I don’t want mouth cancer. I do want some extra enjoyable habit in my routine

>>52641987
My boss is giving me mixed signals. I think it’s partly because he’s ESL. I’m really burnt out so I’ve been slacking off lately, but I did work really ducking hard for like 3 months and it really impressed him

>>52641969
No need for that anon, really, but if you're serious, can I at least recommend some books for you to read before you check out? What do you have to lose?
>Hyperion
>Watership Down
> Infinite Jest (the author killed himself)

We should all sell our roth IRAs at once so the market goes back up again. Someone has to take the actualized losses so why not biz?

>>52641933
>the secret to trading successfully? Hot Ice! It's the best of both worlds!

>>52642001
They’re not as addictive only because it’s a lot of fucking smoke to take all at once. I have some pretty seasoned lungs and a cigar is killer still.
Cancer and ruptured arteries and shit comes with the field. If you’re ok with dying in 30 years go for it.

>>52642085
You’re not supposed to inhale cigar smoke, you hold it in your mouth

>>52641982
They're full of silicon because the disgusting bimbo thinks men want fake shit.

>>52642022
It was just a poor taste joke to say I have no real goals this year except to just keep going. Pitch me on infinite jest?

>>52642001
>>52642085
Consider a pipe.

>>52642094
You don’t get the nicotine as efficiently that way. You take small light draws into the lungs to get the hit, with mouth puffs to keep it drawing even.

>>52642104
I knew a guy who smoked a pipe in high school and it made me associate it with hipsters

>Crude near yearly lows
>Oil stocks at ATH
Someone explain this clown market to me

>>52642001
I like cigars. The buzz is pretty good cuz there's so much smoke
>>52642116
idk, doesn't make sense to me, that's why I bought XOM puts last week

>>52642104
I’ve tried, but I can’t keep it lit and drawing to a pleasant degree. Maybe I’m retarded but I don’t understand why tobacco pipes don’t have holes like weed pipes do

>>52642107
From my brief reading on the topic, that’s why cigars are usually less addictive. The nicotine takes longer to absorb through the mouth, so it’s less addictive

>>52642096
>infinite jest
Read it with two book marks. It gets a lot of hate for being top tier gen x, but it's absolutely beautiful prose and if you're depressed, there are so many parts of the book that will read like Wallace is inside your head. Be warned, it is a serious slog (but worth it), so I wouldn't recommend getting back into reading with Infinite Jest. Start with Watership Down or Hyperion.

>futes

>>52642127
That seems probably correct if you’ve never smoked only cigars. If you’re not used to lots of smoke drawing a cigar into your lungs will absolutely make you throw up.

>>52642107
>into the lungs


Lmao, ok, tough guy

>>52642140
>Set in an addicts' halfway house and a tennis academy, and featuring the most endearingly screwed-up family to come along in recent fiction, Infinite Jest explores essential questions about what entertainment is and why it has come to so dominate our lives

This actually does sound like a good book though, the plot sounds vaguely like the royal tennenbaums just off that short snippet, I’ll have to pick it up

>>52642116
I dunno if it's oil crashing before everything else again

>>52642125
>tobacco pipes don’t have holes
You don't smoke a tobacco pipe like a bong. You puff on the tobaccoo in the bowl periodically to get the flavour profile in your mouth and nose. And you don't inhale. Personally, I love the smell and flavour of cigars, but I can't smoke a whole one. If they had a cure for lung cancer, I'd smoke cigarettes, but until then a pipe once a day with my coffee while reading works for me.

>>52642222
I can't recommend the two book marks strongly enough. There is an entire book, in the back of the book buried in the footnotes. Quebec terrorists in wheel chairs and all that jazz.

>>52642219
Just don’t suck the cigar like it is your wife’s penis dummy. The numbness in your lungs from a good sized draw of a cigar is fun.

>inhaling cigar smoke

classic /smg/, these are the kinds of people we talk stocks with

ONLY POOR PEOPLE AND MORONS USE CREDIT CARDS.

IF YOU ARE NOT MENTALLY HANDICAPPED, YOU WILL THROW YOUR CREDIT CARDS IN THE TRASH.

>>52642116
oil companies didn't spend all their profits expanding like last time, so they're in the same position as before the pump just with significantly less debt. They may decline if prices stay down for longer but expect them to outperform the commodity itself for a while

>>52642263
>being a literal mouth breather

I’m comfortable with my method of smoking thank you

>futures

So this week is going to be red the whole time?

>>52642270
No

>>52642263
I never smoked in my life but isn't that how it always goes?(inhale, take a bit in your lungs, blow smoke out)

>>52642442
>(inhale, take a bit in your lungs, blow smoke out)
Only with cigarettes and weed do you inhale. Hooka, Cigar, and Pipe you roll around in your mouth and nose for the flavour the amazing flavour.

>>52642442
no, just like if you drink from a straw the liquid goes in your mouth then you have to swallow. Same with smoke you have to draw it into your mouth and then inhale to get it in your lungs. The proper way to experience the full flavor of a cigar is to draw in the mouth and then expel. Inhaling cigar smoke is like smoking a pack of cigs in one stick, it just makes you sick and ruins the taste.

>cigar
>whisky
>AMEX gold card
>Gucci boots (men’s)
What else do I need to feel rich

>>52642442
Cigarettes, yes. Cigars are stronger and some prefer to only hold the smoke in their mouths and let the nicotine be absorbed via the tongue.

>>52641699
Good night and see you all tomorrow.
Hope tomorrow is the day it comes crashing down with no survivors.

Sharpie
In
Pooper

>>52642422

Too poor to use your checking account?

>>52642521
20 dollar drip seems ambitious. You're probably right about oil going down though

>>52642528
Checking account doesn't earn any interest, I keep my spending money in savings

>>52642270
Some old fart at the golf course told me "When I graduated high school, I saved up money working at a lumber store for 4 years and bought a house CASH!"
I seethed for weeks after, even thinking about it now pisses me off
These boomers really have no fucking idea

so what is the dip at open tomorrow? 3%

Trading is weird, sleep with friends, break a heart
Question everything you bought
Split a hedge, smoke a strangle
Trading stocks is weird, fall in a year up in a day
And then it disappear, wish my stocks were up
Trading is strange, get too much gains, feel no fame
Lose it all feel no shame
Thinking you would do the same
No regrets, no mistakes
Trading stocks is weird, when the one who’s to blame
it's lookin' at the mirror, wish that you never learned about options.

https://www.youtube.com/watch?v=PFQo4BiC-80

All of us US bros need to take breath. No matter how bad things are for you, you can thank god you aren't a yuropoor. They are going to freeze this winter, somalian rape will be legalized, and they can't own guns. lol. lmao even.

https://youtu.be/-KoXt9pZLGM

>>52642631
You will never have to stress over freezing to death. Those layers of fat will protect you even from a nuclear winter.

>>52642604
Kek house me and my parents lived in when I was a kid cost them 40,000. Course when my brother and sister came along we had to trade up to a bigger house. But still. 40,000 for a house.

>>52642631
comfy

Welp china's stock market has shat the bed over the covid thing. https://www.cnn.com/2022/11/27/investing/markets-china-lockdowns-intl-hnk/index.html.. Maybe the cheap stock gods will smile upon me this coming week? (Hello more VZ with your fat divvy and yield and cheap price per share)

>>52642631
i still want USA to lose to Iran

>Black friday shoppers almost nonexistent
>Online sales hit record numbers
>Savings accounts super low
>Consoomers maxing out credit cards at top speed
>Retail wagies very anxious and worried about Christmas sales performance
>Cyber Monday predicted to be worse this year

What did they all mean by this...?

>>52642604
The Irony is that Boomers hold onto houses as commodities, waiting for them to climb in value so they can trade them off to somebody else or pass them down to their descendants or cronies.

>>52642631
>They are going to freeze this winter,
My room is literally 20c.

>>52642687
we aren't moving out of our covid habits yet. Retail stores just might be dead for real.

>>52642684
this is what I asked above. Want to set some buy orders, but how low..

>>52642687
Sounds bullish to me idk

>futures

>>52642700
I know we haven't. Back when people were crazy and hoarding shat paper and paper towels we started to buy in bulk to make sure we never ran out. Well fast forward 2 years and we still do it. Trash bags to. Got a big jumbo 120 box of 30 gal bags sitting under the kitchen sink.

>>52642713
Boomer fucks simply weren't made for modern world.

>>52642731
They're too old to be boomers.

>>52642731
LOL.. Least the old dude's foot didn't get sucked into the machine.

>>52642631
I suffer in america knowing I can't fuck miko in every hole.

>>52642696
What is that in American

>>52642700
Malls here had lines for 2 exits to the freeway off ramp. But I live in the Bay Area where people are so terrified of CoVid they rush to congregate in the Nike store. It’s unreal. I just wanted to get a couple pairs of jeans for work. It was so fucking packed, bros. I miss the days when no one would leave their home and I had the world to myself.

>>52642696
>My room
what's mom making for lunch

>>52642775
Uh that is america. most monitors can tell you the temp in both C and F. Kinda like your car has both Kilo and MPG on the speedo. But in F that's 68

>>52641744
>Oh gee gosh! I've doubled my take home pay! Only 45533674476 more days of saving before I can buy a cardboard goypod!
You're a cuck faggot, kiked-up inflationary fiat monetary systems disincentive real work and regards reward reckless gambling

>futures

>>52642684
>Welp china's stock market has shat the bed over the covid thing. https://www.cnn.com/2022/11/27/investing/markets-china-lockdowns-intl-hnk/index.html.. Maybe the cheap stock gods will smile upon me this coming week? (Hello more VZ with your fat divvy and yield and cheap price per share)
Do ya think the protests will drive prices down too?

Real talk; I hope whoever done this, they put a bullet in the head. Damn how fucked can someone get. https://www.cnn.com/2022/11/27/us/new-york-children-stabbed-killed/index.html.. The mass shootings I don't get, but this really takes it to another fucked level.

>>52642654
My grandfather bought this house for $19,500. When he died, it was worth about $300k. My aunt bought out the 2 sisters with $200k. It was worth 1mil when she moved to Nevada and sold it to me for $800k. It’s now worth over a million, conservatively. A house down the street with no renovations just sold for 1.15m. My place is completely redone inside and out with an in ground pool. Fucking ridiculous.

>>52641744
Ignore Crabs, Vacate Bucket.
Must Not Sleep, Must Warn Others.

>>52642696
source?

>>52642848
Don’t you think you’re overreacting a bit?

>>52642837
World's economy is all one big chain now. Stocks along with it. Kinda like the butterfly effect.

>>52642604

Dave Ramsey is a Boomer, but he is 100% correct about throwing your credit card in the trash

>>52642856
this is what happens when the fed doubles the M2 and virtually all of it gets handed directly to banks to speculate with

break the m2, liquidate the speculators. houses will be affordable again. praise jpow

>>52642848
Jesus Christ, man.

>>52642869
lol he is 100% wrong about credit cards but Ramsey is for midwits
>>52642838
jesus what a disgusting fatbody

>T H E N E X T 1 0 Y E A R B U L L R U N

>>52642848
>Real talk; I hope whoever done this
no one cares about niggers, nigger

>>52642865
Well I mean yeah shat happens and all but come on, kids?. That's kinda really fucked up.

>>52642869
Just pay it off in full every month and reap the cash back rewards. If the credit system did not exist I'd buy cash for everything, but without a good boy score you can't make any major purchases.

>>52642866
are the chinese future markets open? what do those indexes look like rn.

>futures

>>52642872
I really hope they come down. I don’t plan on moving for a long time anyway and the only people able to buy houses here now are pajeets. Most of the people I went to school with years ago all had to move to places like Tracy, Modesto, Mountain House, and Sacramento to afford a home. It’s even ridiculous there now.

>>52642731

People who are elderly and disabled honestly need care takers to guide them. Their minds are dull in certain ways and physically they can't move quickly or react quickly AT ALL.

This is why they absolutely can not drive. Their reaction time is way too slow.

>>52642900
Any anons doing the gift card, credit card grift? You want to buy a TV from best buy? Go buy a bunch of Best Buy gift cards at your grocery store on your credit card to get the bonus points, and then go buy the TV with the gift cards.

>futures

>>52642838
God, looking at her move that mouth make me sick to my stomach more than anything.

>Futures

>>52642900

You can't make any major purchases because you have no real money. You can't buy a car because you have no real money.

You refuse to buy a 5000 car that you can actually afford, so you "buy" 50,000 dollar car on credit. It makes no sense

Anyone still bullish on oil?

what the fuck happened to futures??

So the chinese market is open right now since its monday in ccp land. And the markets plummeted like 3% on open. OOF.

>>52642869
ive gotten nearly 5k in free travel from my credit cards and have accrued exactly zero interest while simultaneously boosting my credit score
he's a retard

>>52642861
>>52642830
Mixed signals.

>>52642889

>Dave is wrong about credit cards

The fact is you don't have any real cash in a bank account, which is why you use a credit card. Every month you pay your Master like a good little cuck

Should I just put every penny I have into SCHD and DRIP those dividends?

>>52642955
Does cost of loan simply not exist in US?

>>52642848
And homicides will double again next year.

>>52642944
This is a kold board now boy

>>52642955
If you got 5k in free travel, that means you have spent 200k or more on your credit cards and never ever missed a full payment. You spent a quarter million dollars to get free airline tickets

>>52642938
I wanted to get a cell phone through my mobile service provider, since it was available with 0% interest and a nice discount too
But since I didn't have a credit card and thus no credit history, they didn't approve me, I had to buy the phone outright instead, the very same day

That was the impetus for me getting a credit card. I don't like buying things I don't have the money for, but I wouldn't mind taking advantage of anything that's offered on 0% interest.

>>52642915
liquidating the speculators and contracting M2 will cut housing prices by 50-70%

>just when you think yields couldn't possibly get any more fucked

>>52642975
if you pay your card off in full every single month there is zero interest. i have autopay set up to do exactly that, and always significantly more cash in the bank to make the payment. 99% of my expenses go on credit cards.

>futures

>>52642965
>The fact is you don't have any real cash in a bank account
The fact is, if you do have cash in your bank account, the points programs on a lot of credit cards are essentially free money. If you're disciplined and can use a credit card properly, you can get a lot of money back. I.e. the grift I mentioned above, you want to buy a big ticket item from anywhere, go buy gift cards to that retailer at your grocery store, simply because most credit cards will give you significant points for grocery purchases.

>>52642975
credit cards are interest fee if you pay on time

>>52642965
i do, and most responsible people with credit cards do the same thing. We pay it off in full 100%, and pocket the 2-5% cashback. We aren't overpaying for shit just because its easily available, we are using credit cards in lieu of carrying cash or using checks.
Ramsay's hardline against credit cards is the main reasons everyone thinks hes a moron.

>>52642981
Negative, this is SKYT board.

>>52642989
the bond market is playing chicken with the fed (and the treasury)

>>52642982
no, you're forgetting the sign up bonuses that give you 60k+ points. i use the card for about a year then apply for a new one, with an even higher limit, with even more rewards.

>>52642986
We’re already contracting m2 my about -2% anon it will come give it time

>>52642654
you realize they were probably making 15k a year right?

>>52643011
M2 needs to come down by 20-30% to fully purge the rot out of the system
the fed needs to fully run off their balance sheet and the federal government needs to run a surplus. all at high interest rates
it will catastrophic but it is necessary

>>52642022
>pic related
Based. Reading that right now.
>Not even 50 pages in and the author is already going through hell.

>>52643003
Dave got into an insane amount of debt when he was young and is now hardcore against it. He's like a reformed alcoholic who can't even have a glass of wine and dinner. And if you listen to the degenerates who call into his show, for them, it's good advice. Those people absolutely shouldn't carry credit cards because they can't resist living above their means. But if you're not an idiot then yeah, credit cards are great.

>>52641924
>what are you going to do to make it in 2023
I'll start my autistic music career

It's possible to rack up the rewards on credit cards fast. How do you pay for stuff mostly anymore. Via card right? Well just swap the debit for the credit and go on. Just pay the credit card off before the interest fees get dumped on you and there you go, free money.

>>52643013
you are making more than that?

>>52643013
>house only 3ish times wage
>now median income is 59k and median house is 400k
you are brain damaged
read a book nigger

>>52643024
It's absolutely insane, insightful, and one of the most intense books I've ever read.

>>52643022
That would be insane to do with the leverage we have now. I see the fed slow grinding it with stagflation. Powell wants to separate the stock market from the economy. Right now they are correlated 1-1 and have been for 20+ years.

>>52643010

If you are one of the rare ones who beats the credit card companies? Congrats. But they are patient and want you to get higher and higher limits. All your gains are erased the second you don't pay IN FULL on your due date.

Also, you had to give them access to your checking account to get that sweet sweet deal right? Don't you think that is a bit odd?

>>52643027
yes, but eventually those folks get reformed. He advocates no credit FOR LIFE, for EVERYONE. He wants you to buy all your shit upfront and never use credit if at all possible. Wise Credit usage should be ENCOURAGED, not frowned upon.

>>52643054
>All your gains are erased the second you don't pay IN FULL on your due date.
Lol, anon, so you make purchases on your CC that you can cover with the cash in your bank account, and accrue those free gains.

>>52643054
setting up autopay wasn't mandatory. i have like 60 grand in cash sitting in my bank. if a black swan effected my life and i was at risk of not being able to pay my cards in full, i would simply not use the cards anymore. it is very easy.

>>52643065

You didn't give then access to your checking did you? Why would they require such a thing for your super good credit card rewards? It's almost like they want you to screw up.

We are due for minimum six more months of pain arent we?

>>52642938
I had 0 dollars when I got my first job, which required a car for me to get to the office. For 365 dollars a month I got to make 2600 dollars. Without buying a car (in this case 22K) I would have no income stream. But yes, let me save 0 dollars compounded for years so I can get a car cash. Only 500 more years at that rate now!

>>52643051
>Powell wants to separate the stock market from the economy. Right now they are correlated 1-1 and have been for 20+ years.
no, the stock market, along with real estate, have just been the primary recipients of the M2 expansion

the reason QE didn't cause hyperinflation was because the people collecting the new cheap money were banks. which then invested the money, using the cheap debt to leverage the housing market and stocks

when the helicopter money happened inflation spiked and this causes a feedback loop with cheap consumer credit feeding it causing it to go even higher. supply chain issues did not help

Now housing is 10x the median wage (up from 4-5x in the 90s). Stocks are, in regards to even nominal gdp, at their most overvalued ever in history.
>>52643008

regardless of how the fed does it, it needs to be done. If the fed lets inflation stay high and rates low(er) then a wage price spiral will ensue pushing inflation to double digits. On top of this, the federal government its running out of room to deficit spend and needs to run a suplus within the next decade to avoid a default. The ron paul its habbening moment is coming up very quickly unless the degenerates at the capitol get their act together fast.

>>52643054
>Also, you had to give them access to your checking account to get that sweet sweet deal right? Don't you think that is a bit odd?
No, because any schizo scenario where Visa drains my checking account out of nowhere would also apply to Bank of America doing so. And any large scale fuckery of that type will cause about as much disruption to my daily life as a an hour of phone calls and/or the end of western civilization.

At that point, compared with the thousands in CC rewards I've earned, being hit with $100 in overdraft charges or late fees that get rolled back are small ball.

>>52642696
source on this hentai

>>52643082

Oh booo hooo. I rode a bike to Kroger at one point. It was like 5 miles one direction in Houston heat. I don't want to hear about the whole "I have zero dollars".

>>52643079
Ok Grandpa let's get you off to bed now.

>>52643079
>It's almost like they want you to screw up.
If I owe the bank a dollar, it's my problem. If I owe the bank a million dollars, it's the banks problem.

>>52643084
>Now housing is 10x the median wage
To be fair, it’s been that or far worse in many other countries. Look at Canada.

>>52643107
Well congrats anon, you choose a shitty wagie job and zero debt over a money shower career and some debt, which I paid off early to boot. Clearly our values differ.

I think it'd be great if we had a penny stock general. My money's on COMS

>>52643121
most of the west has also been doing QE forever so that's not surprising
QE is a failure. It barely propped up the real economy while inflating massive asset bubbles that cause catastrophic systemic issues when they pop. Hopefully we never QE again.

>>52642862
>>52643094

>SAUDI ARABIA TO CUT ALL OIL EXPORTS UNTIL ACCURATE PRICES ARE REFLECTED

HOLY SHIIIIT

>>52643137
whenever I see cropped hentai i ask for sourc.

>>52643136
we are guaranteed to do QE again. every time we do it's bigger than the last. this will continue.

>>52643147
if we do one more bout of QE with the state of the fed balance sheet and the government debt, the dollar is finished
unless the great reset plan is a US government default then that's probably not gonna happen

>>52643121
>Look at Canada.
>https://www.realtor.ca/real-estate/25099320/206-lisgard-street-sydney-sydney
>https://www.realtor.ca/real-estate/25099360/3000-ch-milletta-magog
>https://www.realtor.ca/real-estate/25094832/4-dairy-lane-huntsville
Too far away from the hustle and bustle of Toronto?

>>52643153
nah it will be propped up, still stronger than ever even after all the QE

>>52643155
>smaller housing markets with weak domestic currencies are more susceptible to being leveraged up and inflated by speculators
imagine my shock

i am going to capitulate and go all in on index etfs lol

>>52643135
/psg/ was a thing but it died out after GNE i think

>>52643142
sauce me faglord

>>52643159
>bro just print 10 trillion more dollars
wtf why do we have 20% inflation
wtf why is nobody buying treasuries at 8%
wtf why is the treasury insolvent

>>52643134

In 10 years I'm going to be better off than you. I'll be in zero.debt and hold no credit cards. You'll be in the shitter for 500k and eating dirt from the ground.

You will be asking for this man's help in 10 years.

>Dave please help me!
>My butthole hurts!

>>52643121
america has far more viable square footage than european countries, AUS or canada. in america you can just build outward in any direction and your monopoly scheme fails. it was propped up by infinite immigration and cheap loans

>wtf nobody is working
>wtf too many people are working

Jerome what’s going on with you man you’re sounding crazy

>>52643155
Toronto is swarmed with pajeets.
Vancouver is swarmed with chinks.
The only option is the Yukon.

>>52643175
QE will come back. they won't just stop using it. bonds market says fed is too tight already. very easy to see them overdoing it, causing deflation, and hitting the QE button again.

>>52643155
>https://www.realtor.ca/real-estate/25094832/4-dairy-lane-huntsville
>700 square footage
>500K
Suddenly Toronto condos don't look so expensive

>>52643155
now what jobs in that small town in the middle of nowhere is going to even pay 70+k/year? or do you think they just commute for 4 hours 1 way to work?

>>52643222
>deflation when M2 is 2x what it was in 2008
>fed balance sheet runoff has reduced m2 by like 3% so far
lole

>>52643237
YoY inflation is already well off the highs, the next CPI print will show another measured decrease. it isn't hard to get to deflation when you're too tight and restrictive.

>>52643263
we'll get to deflation after significant M2 decreases. not 2%

>futures

>>52643174
See>>52643142

>>52643267
didn't need M2 to go down to see it during covid. plenty of ways to get there without significant M2 contractions. time will tell

>>52643271
And that entire plunge is just from AAPL and energy stocks.

>>52641924
Sell puts and calls to gamblers and live off that until I have enough to buy spy and dividends and live off that

>>52643231
>https://ca.indeed.com/$70,000-jobs-in-Sydney,-NS?vjk=a4d4af3e045ce5ac&advn=2987521358121372
>Salary $120,000–$160,000 a year

>>52643306
nova scotia is not livable, it's the equivalent of moving into the woods and saying goodbye to civilization (based, but fuck no)

>futures

Amazon's Alexa is on pace to lose $10 billion this year, per BI.

AMZN stock going to tank again this week?

>>52643361
Alexa makes no sense. It's just a very shitty version of a smartphone. People already have a smartphone in their pocket. Why buy a second one and staple it to their wall?

>>52643372
Why even buy something that adds more spyware into your life for that matter?

So uh... I recently noticed that my.. uh.... "gentleman's stock chart" does that thing where... when the 'volume' is high, if you look at it from the side... it crabs until about midday, then turns bear and starts dumping... hard
I am too young for this

>>52640108
Thanks! Set it up and transfered $50
Discover is giving away $150 or $200 to open a savings account. https://www.discover.com/online-banking/savings-lng-04/?TPR=022&cmpgnid=ps-bk-ggl-top-vol&src=S000015GJ&van=Dbank&gclid=EAIaIQobChMIkKrL27i7-wIV8wR9Ch3x6wctEAAYASAAEgIEhPD_BwE&gclsrc=aw.ds

>>52643392
What the fuck are you saying, you dumb frogposter?

how is sox looking tomorrow

which should i invest in, top or bottom

FUTURES ABOUT TO DROP BELOW 4000

>>52643406
top

>>52643406
Depends on your brow shape.

https://twitter.com/unusual_whales/status/1596927081253928960

...what's gonna happen after May 2023...?

>>52643386
It's very strange. A laptop or desktop makes sense for work or video games etc etc. Smartphones make sense for browsing the web away from home.

I'm not even sure Alexa serves any real purpose

Yields...

>>52643401
My erections are a weird shape

Where did the bids gooooooo!!

>>52643434
Anon, what makes you think there will be a market after May 2023?

>>52643174
Sauce: That guy's ass

>>52643440
>>52643456

>>52643461
I dunno, maybe there's still one for ammo and bottle caps by then?

>>52643546
>tfw fucked up my cap/star cap/Sunset Sarsaparilla arb play
Feed me to a fucking deathclaw already

I told people here that big tech was going to zero. Everyone here said I'm a retarded monkey. It's not worth anything.

Google doesn't even own all human information anymore. Other tech companies stole it from us too.

Google is just a place to sell ads now.

If you're doing sub minute arbitrage scalping in an individual brokerage account will your broker flag you and ask you to pay up?

>>52643569
So if they're doing a Twitter-style purge of the deadweight diversities and bluehairs, do we...short SBUX? And NKE?

>>52643584
>Shorting THOT
Becky will always find a way

It's going to open green tomorrow. Seethe all you want doomfags, you know it to be true.

I’m betting against the economy by being debtmaxxed

Thoughts?

any opinion on SNOW before earnings?

>>52643610
just gives me a chance to pick up more SOXS at a better price

I will be shorting Venmo, Paypal, Ebay and other 3rd party shit. That stupid $600 tax threshold is seriously going bite them in the ass and people won't do side hustles anymore.

>>52642963
Choose your own destiny. Think that all work is servitude, or realize arbeit macht frei. We're all in a prison of our own design,. Freedom is becoming the architect of your prison instead of the unwilling inhabitant.
Don't like your job? Learn a skill that'll afford you a job you can enjoy. Don't want to work? Move to northern Canada with some stolen tools and build a log cabin from scratch, no one is stopping you.

>>52643603
This hoeflation is not sustainable, I'm telling you!

>>52643616
A cratering economy will actually bring inflation down sooner. If you're debtmaxxed you want a nice, steady 7%+ inflation fed by a wage-price spiral.

>yields

Also this gem. Funny thing is - Elon's threat holds real weight. It probably won't destroy Apple, but it could really hurt their sales

>yields

>>52643610
>>52643623
It's going to open (or close) green because the algos have no reason to dump yet. Same with tuesday. Market pump in the morning on wednesday and then a violent candle straight down at 1:31 PM is basically baked in at this point.

>>52643263
Dude even as inflation rates go down, prices are still rising.
next year with the base effect they might even go negative, while prices are still rising.
So far wages arent keeping up at all, nowere , not for me not anyone i know.
and its unlikely that they will.

What the hell happened to yields?

>>52643698
> no reason
Political instability in chinkland not enough for you?

>>52643819
Bond market pricing in recession. Playbook says that means long long bonds on account of flight to safety and QE.

However, said playbook hasn't ever been run against inflation that's still over 5% and a treasury facing rapidly deteriorating funding gaps.

>>52643819
We have a chart with an anime girl on it for that.

>futures

>>52643440
Yields anon... how far will they invert. The maid is almost upright...

Can't i just buy spy call. Since it will gongo up anyways?

>>52643995
That was the top, it's done going up, look at the futures.

monday - puts at open, dump before lunch, buy calls before power hour.
tuesday - sell calls before jpow speaks, buy puts, sell puts during power hour and buy calls
wednesday - rally on more good inflation data into friday.

>CHINA TO INDEFINITELY SUSPEND THE RELEASE OF ITS GDP TO THE PUBLIC
https://www.caixinglobal.com/2022-10-17/china-delays-release-of-third-quarter-gdp-figures-indefinitely-101952747.html
https://www.nytimes.com/2022/10/17/business/china-gdp-delay.html

Holy fuck, could this be it? The China collapse that youtubers hyped up for months?

>>52643434
>50,000,000
>it's actually 100k-250k
I hate Twitter retards so much

>>52643263
>7.7% yoy inflation after 10% inflation the year before
>DEFLATION JUST AROUND THE CORNER QE BY NEW YEARS!!!
we are so far from the bottom it's not even funny

The most obvious recession is coming? When all the professional analyst are predicting a recession the inverse tends to happen. Don't forget it can take up to 18 months before we get a recession after the yield curve inverted.

It's possible we avoid a recession until 2024.

>>52644150
>tuesday - sell calls before jpow speaks
I thought he was speaking on Wednesday the 30th?

>>52644196
Maybe but literally why would anyone have any significant position in stocks right now? Worst case scenario you miss out on 25% gains in a year while risking getting absolutely wrecked. I'm happy sitting on the sidelines for now making 4.5% in treasuries.

T. Literal Jew but unfortunately not an insider Jew, just a random lowly millionaire trust fund jew

>>52644196
>When all the professional analyst are predicting a recession the inverse tends to happen.
We're not talking speculators all taking one side of a bet and the price snapping back. Hell, all the recession talk spooking normies is likely to establish a positive feedback loop when it comes to triggering one.

>Don't forget it can take up to 18 months before we get a recession after the yield curve inverted.
Not the 3 month 18 forward. And that shit just inverted.

>>52644167
Are you ducking retarded? How slow can you be?
>October 17, 2022

They did release GDP a few days later.

>>52644212
oh the economic calendar didn't have monday on it for some reason

>>52644228
>Markets are cutting back to 4 day weeks in order to save on costs

>>52643024
The bit about taking the train through Russia and fighting partisans on the way as men freeze to death is crazy.

>>52644224
>3 month 18 forward
Please elaborate? What yield curve is that? I have never herd of it before.

>>52644196
This chart is a Fed survey so the numbers say whatever they want it to say. Dotcom and 2008 were very heavily predicted. Anyone financially literate knew what was going on wasnt sustainable. They wanted to act like it was some totally unforeseeable event that caused the recession. Now they are ahead of the narrative and have a million things to throw the blame on. I don't think being a contrarian is wise when we know a choice has to be made between very high inflation and a recession.

>>52641989
I use VIX as a rough guess to where the market’s heading but never short/long it. I’d rather use SQQQ/QQQ/or SPY

>>52644268
FRED graph effectively illustrates that every recession since 1957 has been preceded by a yield curve inversion. (Note that the lag between the inversion and a recession varies: With the 10-year and 1-year yields, the lag is between 8 and 19 months, with an average of about 13 months.)

Not being a contrarian. Just questioning the time frame of when the recession will occur. When everyone is shorting the market the opposite tends to happen.

>>52641961
Haha imagine the smell and accompanying daddy issues.

>>52644196
>yes I will ignore macro and simply inverse what people are saying
shit I'm gunna be a billionaire with this knowledge thank you anon

>>52641699
Is someone gonna bake a new thread. This one’s getting bloated like the tech market still is.

oil brothers.................................................

you know speaking of credit cards amex platinum just gave me an offer for 150,000 points if i spend 6k in 6 months
that's 3,300 dollars worth of travel.
then i downgrade the card to low/no fee next year.
lol.

>>52644303
Money makers are NOT IDIOTS. They will do whatever they can to ensure you and everyone else in the markets does not make any money. When every retail trader and hedge fund are SHORTING this market. they will find a way to ensure you lose money. Look at the WSB sentiment they are EXTREMELY BEARISH.

Recession just doesn't happen like BOOM. It takes months sometimes years before they occur. Unless we get a black swan event, I think it's possible the we avoid a recession until 2024.

Another chart for you to look at: A recession occurs AFTER the Fed starts CUTTING rates, and AFTER the unemployment rate is clearly climbing from the bottom.

>>52644340
we know, rate cuts happen after something breaks which then sends risk on assets plummeting. bond market is saying it's coming q2-q3 next year and is calling the fed out that they'll hold FFR at terminal

until something snaps we'll continue to trend like we have for the past 10 months.

Kold chads why cant we stop winning ? Why nat gas trannies didnt listen to us ?

>>52644340
good info, that is very curious....the fed said they dont want to cut until late 2023. i guess that makes sense, economic indicators will be bad at that point and the recession will be imminent

>>52644254
Nor had most people until Powell brought it up in response to "muh yield curve" eight months ago: https://www.bloomberg.com/news/articles/2022-03-21/powell-says-look-at-short-term-yield-curve-for-recession-risk

>>52644435
Where can I find this 3 month 18 month forward spread chart??

>>52643623
>>52643698
so what's the strategy?
buy soxl until Wednesday? or just buy and hold soxs?

>>52644340
We're already in a recession.
This board is really peak dimwit nowadays.
The bottom will be in after black Friday ain't so black. Job market uncertainty and the elimination of time-specific sales by broadening "black Friday" sales windows is all going to cool consumer demand to nothing.
Gonna be a lot of floorspace under the Christmas tree this year, and after that markets tank. Dead cat bounce into new year until Q1 profits show that consumers ain't paying, then there will be a new societal shift wherein the previously unemployed/underemployed attempt to enter the job market as the fed cuts rates.
I'm calling the layman knowledge of the economic turmoil circa march 2023 when job market pressures crater payrolls, housing bubble once again pops, and retail firms realize they're fucked because younger generations aren't nearly as consoomer as gen X.

>>52644512
>Gonna be a lot of floorspace under the Christmas tree this year, and after that markets tank. Dead cat bounce into new year until Q1
So big drop at start of Q2?

Women have vaginas

>>52644512
> fucked because younger generations aren't nearly as consoomer as gen X.
Genx here (1980)
We're really not very consumer, faggot

>>52644510
Be careful with those. They’re leveraged ETF’s and rebalanced daily and not meant for long term hold. Only swing trades really.

>>52644550
Zoomers are the biggest consoomer fags. I mean the fact they’re so heavily liberal should speak volumes about how programmed they are.

>>52644512
>We're already in a recession.
The correction from the last two years just so happened to be a recession yes.

We're in times where:
>corrections are recessions
>recessions are financial crisis

>>52644540
Thats a dude

Also, I'm NOT a faggot

speaking of cigars you reminded me of one time i bought a bunch of those smallish cheap and nasty gas station cigars. i was drunk or high cant remember so i decided to just speed smoked a bunch of them one after another, i also inhaled it all. immediately threw up as soon as i was finished and felt so fucked up for like an hour afterwards.
not as bad as the time i was rolling on e and decided to cut up my san pedro cactus. i was too fucked up to prepare it right, youre meant to boil it for hours. but i just threw it all in a blender and chugged it raw. felt like absolute shite 15 min later, went to go shower then puked everywhere.

>>52644540
then why did u post a pic of a man

>>52644570
Bite your tongue anon. Marine is a female anime artist. She had a vagina.

>>52644580
u mean Martin, right?

>>52644587
VAGINA. DON'T YOU ARGUE WITH ME ANON

is bad consumer confidence bearish or bullish?

Seems like the bullnigger was wrong. My screencaps will pay off. Spx beloe 3500

>>52644618
>futures crabbing red because of chinese protests
>declaring victory already
I'm starting to think i should buy calls on monday now

>>52644643
>asks the most basic monkey question
>one post later think he is qualified to make a good call

Nigger tongue my anus

>>52641924
>get and hold a job
>get a place to live that isn't with family
>make at least one friend irl
I'm so tired of being a neet bros.

>>52644652
You literally believe that the market is wrong and not you.

based chinkcels rising up
let it burn, I want to see Xi go out Ceausescu style

>>52644553
I just want to make 1200 bucks before Christmas

>>52644667
Nice strawman mr consumer confidence

Suck my fat cock and leave the thread

>>52644196
>everybody says a recession is going to happen
>therefore a recession isn't going to happen
>because.. it just isn't okay?
lmao, a recession isn't like betting that something will go up or down, if we're fucked we're fucked.

>>52644696
>reddit spacing tranny
>fat cock
>"l-leave the thread!"
lmao maybe if you asked questions from time to time you wouldn't be mad that the market went up this month

>>52644708
>more mental hoops and memes to make himself feel like a big special boy

Lol, lmao even

>>52644708
>>52644722

I pronounce you both husband and husband. Now both of you kiss

What chinkstock etf will see a bounce if the chinese government does back down on covid restrictions in order to settle down the protests?

>>52644722
You're acting like Putstranny

>>52644743
yinn

>>52644669
Are protests in China good or bad for TSMC? I mean, you can look at it 2 ways, 1 is that as long as Xi has problems in his own backyard he likely won't be thinking about invading Taiwan. But the other is that he might want to do just that to distract his people and give them a common cause to get behind.

>>52644750
thanks anon I vaguely remember that and yang being shilled on here last year but I couldn't remember the ticker

Some of you are alright. Don't come to the market tomorrow.

>>52644743
>chingchong commies backing down

early baking tranny

>>52644755
The duality of man. My guess is he doesn’t do shit at first and eases off on COVID restrictions and then maybe false flags in his own country to distract.

>>52644743
KWEB

>>52644643
The time to buy calls was 3 weeks ago. I’ll sell you my bags this week.

Futures are healing

Baking!!

>>52644769
>>52644769
>>52644769

>>52644780
There’s gonna be someone baking a new one soon. Hopefully….I think it’s just because futes are red and BTC is crashing.

>>52644775
>chingchong commies backing down
I think they will, if they are anything they are pragmatic. Consider some shit like this that could EASILY spiral out of control and end up with some of them getting an AK-47 to the back of the head, no way they carry on with the memevirus measures which they probably know are pointless and were just to keep the insect hive in line in the first place.

>>52644743
lmao we didnt even really drop the reopening optimism and he is talking about more of the same already.

>>52644825
>he doesn't swing trade