/biz/ - Business & Finance

OOOOOOOOOHHHHHHHHHHHHHH

The short covering and fomo today will be glorious

Fed meeting tomorrow.
Risk off

IS THAT A HECKIN 0.1% LESS THAN EXPECTED HOLY SHIT WALL STREET BROS ME AND ALL MY HEDGE FUNDARINOS ARE GOING TO BUY BILLIONS AND BILLIONS OF DOLLARS OF SPY RIGHT NOW

Netflix

>>52847498
yea I might buy a few puts because of it in case powell wants to fuck me.

>>52847500
50bps confirmed

shorting this scam pump at open fuck you

What do I buy? No, I can't buy SOXL.

>>52847519
SPXL

>>52847516
Thank you for your service

>>52847519
SPXL

Is Inflation really lower or is it just rising slower than expected?

Bot spam hasnt slow down
reporting neither

We are pumping til EoM so all hedgies can collect their EoY performance bonuses.

Source : dude just trust me

based joe biden solved inflation

>>52847519
amd. same gains as soxl. less volatility

/Lean hog bros we brought down last months CPI

Its over....

>>52847516
you're stupid. lots of short covering is gonna happen. better wait until it settle if you want to short

Wait are people that retarded that they're shorting oil here?
Kek
Did that baggot in the last thread lose 6k?

>>52847469
>implying any of those suits are better than the leather one

>>52847544
can't have inflation when everyone's dead

>cleverguy.jpg

>>52847519
You should have bought, yesterday. You didn't go cash in preperation for today, did you?
*laughs so hard spit hits your face*
>>52847539
The latter.

>>52847558
Industrial production isnt coming in hot. China isnt magically going to need more oil.

>>52847544
he did it, he beat putin...

What if right that was the bottom and we go up forever now

all boboniggers will be liquidated and after that we crash

>>52847607
The bottom was back in October. The economy is strong. Inflation is rolling over. UP ONLY from here.

Say with me bobo
T R A N S I T O R Y

So we are selling on news, people FOMOing and covering their puts right?
Powell might just say something that will spook the market tomorrow. Why would they let us all win so big from this huge rally?

>>52847568
>>>52847558 (You)
>Industrial production isnt coming in hot. China isnt magically going to need more oil.
China will need more oil. Dumb baggot.

powell has to save my puts tomorrow
this is ridiculous

>>52847627
ive been bullish since september but i disagree inflation is rolling over. we could be sticky and they might hold interest rates at 4-5% for a while

>>52847469
Wtf is going on. Layoffs in tech, inflation, and general bearish, but stocks be are super high.

BOOOOOOOOOBOOOOOOOOOOOOOOOO

>>52847469
I kneel. Nothing makes sense anymore. Absolutely gutted.

>>52847659
Nope, not sticky. OVER. Rates will be back at 2% by EoY '23. Soft landing, up only, no recession.

>DASH up 7% premarket
FUCKING HOW? HOW IS THIS TRASH STILL ALIVE IN THIS MARKET

>>52847662
We'll pump to fuck over every last retail short

>>52847630
LOL
look at corre CPI
LMAO
Inflatios is STICKY AS FUCK

>>52847500
>>52847510
All of the retail retards shorting are getting scamliquidated today. Tomorrow, all the retail retards who are long will get scamliq'd. This is the way.

I have been taking a lot of dumps in the past day, after a week of very little dumping. Feels light.

Buy the rumor
Sell the news

>>52847689
So the smart move is to dump before FOMC
There is no way they will let retails win with their Long position

Does it make any sense to buy at open? And hope that this pump has legs?

>>52847695
Buy the cheap money garbage
Sell the rate hike plays

>>52847636
>SPOOK
Market go up for a few days
Market go down for a few days
Market go up for a few days
Market go down for a few days
Traveling within a channel until the new year and new quarter, when it will only go down.

>>52847702
>>52847689
do you guys think that there are no institutions long right now? this is crazy talk.

>>52847703
FUCK no more shorts for me
1/3 at open, second maybe halft and thirs tomorrow for JPow

Lads, why is the premarket bussing out of control?

>>52847662
tech only represents %2 of the workforce

So whats the plan for today /biz/? I lost money on my puts, can I buy 0dte calls to make up for it?

Bobro's I beheemed myself again...

>>52847516
I sold my SOXS and UVIX.
JPOW is going to say nice things and there is nothing that can stop a bull run for the rest of the month.
SOXL to 20.

>planned on learning to day trade
>Just sitting comfy in JEPI instead for the past 2 months
I'm making money but I'm not learning how to escape wagiedom. (Or am I?) I have a flu and 2 job interviews today. I'd rather watch my shares bounce around

>>52847662
Everyone was expecting a gap down so they need to pump until retail doesn't even think about buying puts. After retail bobos are shook out we'll get some news next year that will circuit breaker down.
Look at cleveland fed now cast, they've under estimated inflation 2 months in a row now? By like .4%? That never happens. Somethings fishy af tb.h

>>52847732
somebody didn't do his homework over the weekend

>>52847718
It is pretty obvious the number is cooked to kill the shorters/puts from >>52847281
Then today we will have a huge fucking melt up with people fomoing in at open
There is no way the institutions and jews will let the retails win. I bet there will be a huge dump after FOMC tomorrow

>>52847745
just dont go all in before a fake and gay pump...
was like this every time.

Where's that poor anon who was bragging about buying KOLD yesterday? May God have mercy on his sorry-ass soul.

Holy FUCK


Mumu's... I kneel.

rents up

>>52847742
enjoy my delicious bond gains, wait for the rally to get oversold so I can buy some nice put debit spreads, and sit back.

>>52847779
Shelter is a 9 month lagging indicator

>>52847685
still down

>gamble with options
>blow up your account

Many such cases

>>52847469
Wtf is this green color for COIN? Since I bought it, it's been red. Green bad? Never seen my COIN green before.

ITS OVER

HOLY SHIT TECH BROS!

I took profit on my soxl just in case

>>52847768
This is my bet as well, everyone is already capitulating into calls, I bet they come out tomorrow and announce 75 and the whole thing tanks back down to like 395 or something

>>52847795
that's why it's so profitable. you can lose everything or make quadruple

>>52847788
Takes 9 months to build a house
also takes 9 to make a baby

>>52847783

>>52847745
My condolences, even in a bear market being a bobo can be very tough to time…

>>52847788
>>52847779
I agree that this is concerning
that the only reason the report went down pretty much was due to energy prices moving down lower
natural gas is already up to $7 from trading near $5 in November / recently
oil also is also pulling up / stopped crashing, and is projected to rise further
the report will make the dollar fall, which will further push up these energy commodities
which will further exacerbate inflation
and if housing remains 0.6%-0.8% MoM when we don't have energy padding the numbers going to be ugly

>1-2 months "no more recession!" relief rally bulltrap confirmed
Short in Feb or sooner?

>>52847662
sounds like you're new to this, what you're missing is a fundamental understanding of asset classes and how they project the future
markets are not the economy
and the economy is not the market
US stocks look about six months ahead at best; when retail speculation is hot that becomes far more myopic, it becomes disjointed from reality
oil is literally priced in futures, thus also looks ahead, 6 months to 1 year out. in a crisis there is physical inventory to actually move and the oil market becomes blind temporarily, like a week maybe.
fixed assets like bonds, gold: these investors can see well over a year into the future -- and nothing else. this does not include precious metals STOCKS obviously. nor does it include bond FUND managers.

layoffs are good for the companies, thus good for their earnings, and their earnings are coming in the future. that is when returns happen
what will you pay right now for those returns? less and less, if prime rates continue up
they are no longer continuing up
YESTERDAY they were still pricing in some risk of a continued rise
but now we have a better-than-expected CPI number, so literally everything just exploded in price to close that gap, similar to arbitrage

So..... I buy SQQQ now right?

>>52847794
what arer u thinking will happen when jPow actually Pivots?
Its a tiny bit down cause he raides the interest like a mad man.
and if he stops it will shoot like a rocket up again.
Recession is coming and no pivot in sight.
This pump will fade and lwer we go, just maybe not today XD

Santa rally bros. We're gonna make it.

>>52847829
I’m convinced these numbers are just cooked as fuck anyways to let them do whatever they want with the market. Everyone knows real inflation is far higher than what these morons say when a box of cereal is over fucking $5

Pivot and Santa Rally bros.. we won.

>>52847829
High IQ post in a sea of hysterical midwits. One last fake rally before we drown in despair.

>>52847807
I'm up 9% premarket.

FIFTEEN MINUTES TO MARKET OPENING

LET'S GOOOOOOO

>>52847829

This nigga gets it

Dump on open.

Bros this is the rent call, goblina posting anon. I'm so happy. I can't wait for the markets to open to sell my position and take a LONG break. I'll still be on biz though.

No. Not with a closed call from this morning after the german numbers dropped. But shiposters GOING ALL CAPS, posting, meme posts or trying to /pol/ify the discourse can be reported with no value lost.
And if the spam keeps on the reporting keeps on

>>52847844
Yeah I mostly agree. I think when the 2:00pm statement of 50bps hike is released we'll pump and when powell opens his mouth at 2:30pm and is more hawkish we'll dump. But who knows.

>>52847840
You are supposed to buy in last thursday or friday
If you FOMO in today, you are basically gambling on the outcome of FOMC and you are gonna be the exit liquidity for people taking profit today

i got spy 410c friday at the bell i'm feeling just okay

It's time to bring this webm back out
Get fucked bobos

>futes

>>52847879
I think today ain't your day man. Last time we got a slightly better than expected CPI the market went up 7%

>>52847469
what a fucking shitshow of a market
not even shitcoins behave like this
and for what? inflation was slightly less bad than expected?

>>52847829
Rents are going down. When that shows up on the CPI in a few months inflation is on its way out.

Wake me up tomorrow. Powell isn't gonna like this, so he will say something to bring the market back down to reality, r-right?

>>52847880
>I'll still be on biz though.
this will only tempt you to lose your gains

>>52847895
Not like this...

>>52847907

>>52847900
>Rents are going down
i'd like to subscribe to your newsletter so i can receive the newest in Shit You Made Up before you post it here

>>52847836
Makes sense, thanks.

>>52847718
>>52847768
They are long at the expense of retail shorters. When the shorts are liquidated, they will go short.

Natty gas with the retard strength. Can’t keep my boy down

>>52847886
I bet he will come out hawkish as fuck.
dont even think we will pumk for these 50bps, thes are alrerady in the bag, safecall
longer dating puts for me today.

>>52847900
in the last several months we have seen 30 year mortgage rates move sharply lower
this will increase the demand for housing / increase closings
if you have this happen too soon, the imbalances will persist, and pop back up
if you have more supply than demand of housing, house prices will go down, rent will go down - this is healthy
this is now being stopped prematurely by a market trying to front run, which will make the problem persist

BOBOS ARE YOU OK
ARE YOU OK BOBOS

>>52847901
Tomorrow we poompa gain

>>52847901
>Monetary policy affects the economy and inflation with uncertain lags, and the full effects of our rapid tightening so far are yet to be felt. Thus, it makes sense to moderate the pace of our rate increases as we approach the level of restraint that will be sufficient to bring inflation down. The time for moderating the pace of rate increases may come as soon as the December meeting. Given our progress in tightening policy, the timing of that moderation is far less significant than the questions of how much further we will need to raise rates to control inflation, and the length of time it will be necessary to hold policy at a restrictive level. It is likely that restoring price stability will require holding policy at a restrictive level for some time. History cautions strongly against prematurely loosening policy. We will stay the course until the job is done.

https://www.federalreserve.gov/newsevents/speech/powell20221130a.htm

what happened to the downward trendline of resistance?

I’m up by about 200 bucks for now. It ain’t much, but it feels pleasant. :)

>>52847829
it's meaningless. the inflation rate coming down means all the inflation happened in the past. it does not go back in the bottle, the fed no longer does that. the faux tightening is going to end the minute they get any excuse, and today they probably got it.
those dollar figures are simply the "new normal," $7 and $70. real risk is evaporating. the distance from $5 to $7 would have mattered last year but not anymore: from $7 you don't have $2 of wiggle room either way. even if you did, that's 28% instead of 40%.
the latest movers are the ones with the lowest information and have the stickiest price problems. rents and mortgage payments, employee count and wages, these are people's life changes -- not contracts for barrels of oil. at inflection points they are pure noise.

>>52847902
Bo this time I will have restraint, I lost 3k in a single day (yesterday). And I had to switch to an instant account and used instant deposit on money that I dont even have to chase back 1.5k. I probably shed 5 years of my life yesterday. I need a break

>>52847966
shut up boy
its only going up

FUCK YOU TDA LET ME TRADE ALREADY

>feds print 13 trillion in 2021
>in 2022 SPY is only down 13% from ATH

pottery

>>52847977
You have a problem
Gambling addiction is serious

i love anime girls so much it's unreal

I should've bought more SOXL when it was single digits, but I really don't want more exposure to it. On the other hand, it'd be nice to lower my average. Maybe I'll buy some next red day.

Holy fuck iv never seen futures this neon green what the fuck is going on.

>>52847543
Based been in the game more than one year anon

>>52847997
anime girls are unreal

just bought another 100 upro and 150 soxl

>>52847946
No bobro , i shorted sp500 with a x40 leverage and got heemed instantly like a retard . i went long on oil before the pump and managed to cut my losses ( went from -6k to -2k ) .

>>52847994
I know, but yesterday was a really harsh lesson. I'm not doing this anymore, I'm happier just spending time with friends and family and gaming. Last weekend made me realize that.

>>52847551
>literally porking the numbers

I knew it was gonna be bull today but I got trapped expecting an eod bear trap yesterday… And I tried to lower the cost average on my shorts by doubling and tripling down… even though I know better. Should I kill myself?

this can't be happening to me bros

HO HO HO

>>52848046
It's not over bro, I lost everything yesterday. You can always make a comeback.

What happens next, soft landing or ditch digging?

>3% premarket

lol, lmao even

>>52848048
You did go long, right? Going long yesterday was so obviously the move

Looks like santa is early this year

>>52847975
>tightening is going to end the minute they get any excuse
we are not seeing it in the jobs market - a CPI report coming in a bit lower due to energy costs falling the previous month, and then rebounding back to where they were previously isn't a great data point for the Fed to base their decisions off of
>stickiest price problems
this is the issue as I see it - that rents, wages, will remain sticky - any short term fluctuations in energy prices will make the report look good, but if the following month rents wages remain stubbornly high, and energy has now sharply rallied, then you have no padding no cushion from energy prices falling and you still have the sticky parts of the economy high

SANTA RALLY

>>52847833
Mid Jan I think. Could be Feb.

>>52847977
I feel ya man, this shit is brutal. Who would have guessed the stock market acting crazier than crypto shitcoins. If it makes you feel better you’re not the only one who got absolutely wrecked this week. Oof. Big oof.

Ho ho hoo happy santa rally!

techtrannies are getting so cocky...

>finally DCAing upwards
Bros....

>>52847469
>real economic situation vs market speculation

>>52848057
I've seen this 2008 to current chart about a hundred times over the past 7 months and they always crop it so that it looks like you're about to fall off a cliff

>>52848006
you saw record inflation last year and rates held back speculation for months
now we know for sure the rate hikes will dry up and 5% won't happen, where yesterday 5% was at some risk of happening -- depending who you ask that could be anywhere from a 1% risk to like a 50% risk.
but the argument over how risky something is, is qualitatively different from turning that risk off completely. it's an entire change of course for the monetary system. people who have lived through the tech bubbles, who run investment firms then and now, have established a culture that reacts strongly to that so as not to miss "the next wave up."
it may not come, of course, but it probably will. "from our new monetary supply level, now replay the last 10-year bull market." that's what they're thinking.
hedge funds in particular also lost all year long. they got BTFO by oilbros who understand what the setup was, and saw it was no different from usual, covid or no covid.
not only do they share the outlook i just mentioned.. they're thirsty as fuck this month.

>>52848082
>>52848070
Santa Rally?

Everyone has completely lost their fucking minds

The Zog-up into total apocalypic meltdown schitzo was right

fuck you bobo we run this market

>>52848070
That's apu bro

WHAT THE FUCK WAS THAT

You know, we've had a lot of days this year where we go from -3% to +3%. But of all the clownful things that have happened this year, we haven't yet had a day where we go from +3% to -3%. Just saying.

Can we have a 2minute silence for all the poor Bobo children who will go hungry tonight. It's not their fault popabobo got liquidated. My heart especially goes out to the minority bobo children.

>>52848063
well, in truth, they don't. they laughably base decisions off "inflation expectations" more than anything else. so there is that to consider. i'm just pointing out what the market is "thinking."

PIVOTERS
WE ARE PIVOTTING TOMORROW

>>52848115
It's all pepe deep down

Bulls get rich

Bears never cum

and Craps get crushed

>no BANG BANG BANG BANG BANG poster
/smg/ is dead

this is retarded

you get the gist of it

OH FUCK IT'S GOING BACK DOWN

Uhhhh, Guys what the fuck just happened?

>>52848141
I think the bang dude got wrecked

>>52848104
>crop it
are you okay dude? the part of the 2022 line not drawn is called "the future." it hasn't happened yet.

>>52848153
Doesn't recession require downturns across the board, including employment?
Because if so, don't look at employment, bobofren.

>SQQQ going back up
but my plans for slurping

>broker crashed

>>52848158
The first three minutes.

So inflation data was lower than expected right, that's the pump? And now we erase the entire pump and crab around right?

>>52848176
brother...

>>52848139
Omg did he live?!

This is just your typical rip your face off bear market rally. Smart bobos saw this coming. In fact they had all year to go short and cover any loses. If you are getting fucked by this then that's on you.

VIX hit 0 on the RSI

Erm how come nobody is fomoing to prop up the price?
The pump is already reversing

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA SELL PREDDIT SELL

>>52848174

most recessions are called by the time they are literally 2/3rds over, and the market has already bottomed. And employment is literally the most lagged of the economic indicators. You learn that in 8th grade social studies class

>>52848110
Can’t believe you thought it’d be red today.

OOOOOOOOOOOOOOOOOOOOO

>>52848174
there aren't more jobs, nerd, people are getting second jobs. that's not a sign of a healthy economy.
we've been in recession this whole time, the "blip" on the recession history chart is literally propaganda for biden's sake. easing rates finally lets earners start to save and invest again.

$258 gain on $300

Just shot right up this morning huh?

>>52848185
Erase the pump probably not. Crab around, definitely yes

>>52848185
what do you think has been front run for a month since oil has dropped so far?

>>52848217
i did.
apple dont deserve 150

>>52848156
Yup, I already panic sold.

Everyone is long so now we can crash again

>mfw gigapump today then gigadump tomorrow
>mfw markets close Friday at the same place they opened Monday

>>52848199
>employment is literally the most lagged of the economic indicators
But employment is literally booming.

>>52848210
>there aren't more jobs
lel here comes the cope

I forgot to sell my SPY $410 calls yesterday and I am up 1.3k after selling. I seriously lucked out.

>>52848239
Aaaaaaa
coffee Gang BoBro

1...
2...
3...
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

IB is completely broken holy shit

>open high
>all day bleed down

LOL look at tesla XD
nice pump mumu

How much Y'all got in the market currently? I only have about $630 but want to put more in over time.

Come on JEPI...

>>52848275
TSLA is targeted by the jews

>>52848280
50k
consumer non durables, goldminers and norwegian fish farmers

>>52848280
~$26,000CAD

Took profits on my TQQQ hedge this morning, made about 150% on the play. Getting much better at taking profit.

damn i should've switched to puts to dbl my earnings

SOXX is finally above the 200dma. Is this unironically the time to load the fuck up?? Isn't that what you guys have been saying all year?

>>52848247
Got a text from a temp agency last week. $19/hr for folding boxes.

>>52848313

>>52848290
The gains will never be more than the index it follows because of portfolio turnover and expenses. It is a product to generate moderate capital gains and consistent premium. If you want face-ripping gains buy spy or TQQQ

>>52848305
Nice, how long you been investing/how much of that is Profit?

>>52848306
Nice spread man. How'd you get your start/how often you invest?

>>52848280
55000 bucks, down 15% this year

Its too expensive.

>>52848280
About 10k, been dca'ing since 2020 though

>>52848337
That's a decent chunk of change friend. What sectors/companies you usually invest in? And how'd you make your money?

>>52848313
technically yes, all the other signals are still bearish though

>>52848313
Inflation peaked in June, so really should have just bought the Oct bottom.

>>52848349
Very nice! Whaddaya usually invest in, and how'd you raise the money to invest?

>>52848057
>>52848104
>>52848171
i dont see any big banks failing. all we have are retard zombie corps imploding like coinbase/ftx/carvana and other garbage like that. but surely this is 2008 and a global crisis and not just a 1 year correction.

>>52848247
oh great we have our first dunning-kruger dumbfuck of the day
https://www.bls.gov/news.release/empsit.t01.htm
https://www.bls.gov/news.release/empsit.t17.htm
>NFP up
>households report only 12k jobs gained total, over 8 months
"literally booming"
>Part of it is due to the way each survey counts a job. The Household Survey counts employed people. If you have two jobs, you’re still just counted as one employed person in that survey. But if you are working full-time and go out and get a part-time job in order to make ends meet, the Establishment Survey will count that as a “new” job. One person with two jobs counts as two jobs in the Establishment Survey.
WFH tech fags are moonlighting on the boss's time, everyone else in this pool now working 12 or 16 hours
>Another factor juicing the number of “new jobs” is the Establishment Survey does not count unincorporated self-employed workers. As small businesses shut down and workers shift into corporate jobs, the Establishment Survey records them as “new” jobs even though the worker has only shifted from uncounted self-employed work to counted corporate work.
covid killed hundreds of thousands of small businesses
and don't forget -- record explosion in credit card use, rates as high as 30%, and it's being spent on food and gas
you are in a recession
you have been in a recession
joe biden gave you a recession
it did not last one week, it's still here
we "need" the rate cut now to keep the government finances from blowing a hole in the dollar, and to keep a full-blown decade-long depression at bay, and it will once again sellout the future for the sake of the present
it would be great to not do this to zoomers, but they hate gen x and millenials and call us "boomers" even though the boomer generation is over half dead and gone and another 20% hanging out in assisted living, so, fuck zoomers lmao
guess they can "cope"

>>52848275
line go up

>>52848280
over $300,000 in liquid assets and over $400,000 in mortgage-free property

I see VIX is undergoing a normal -15% correction

>SOXL opening at like 15 dollars
W T F WAS THAT I SHOULD HAVE FUCKING BOUGHT

>>52847922
It was some article I read. Search the internet and you will find it.

>>52848280
Round 10k in stocks and a house valued around 120k. I'm a poor grad student

>>52848313
New here. Is soxx an etf that shorts semiconductors as a whole? Or just inversely soxl? Sorry

>>52848390
just bought in after slipping out of BOIL gains
feels good

>>52848386
Woah, that's some good money. Shid, if invested in dividend stocks you could literally live off of dividend payments alone.
What did you do to raise your fortune anon? And how much of that was made in the market?

Bobros...

>>52848336
If something looks cheap, i like to own the name and it fits the makro picture i buy it.
usually a new stack every 3 month, maybe nothing maybe more, u know? if fortuna knocks ur door u dont continue jerking off.
i can save from my income 1k every month, sometimes more, and save those to stacks a 3k for a starting position.<

>>52848400
SOXS is inverse SOXL. SOXX is the unerlying ETF that SOXL and SOXS follow

>>52848280
$30,000 in JEPI and $ 1,000 to learn2daytrade with. I had a lot of money from working a tech job, saving, and not giving a fuck about finance. A couple years ago I got wise that finance matters a lot, and started putting money in. Gonna keep adding 10k a month as long as I can. (Recently layed off so income's gone, but I love my savings)

>>52847939
Young people can live in group houses and share apartments. It looks like that is where the trend is.
If everyone doubles up the demand for rentals drops.
Air BnB is also not doing so hot, so all of that inventory will likely open up for rent too.

>>52848398
Hey, you've got some good value friend! Where'd you raise the funds to invest?

>>52848373
i'm not saying it's 2008 over again. not yet anyway: absolutely yeah. you don't see it yet. nobody saw 2008 except peter schiff, in 2006. https://www.youtube.com/watch?v=jj8rMwdQf6k
and the "systemic" risk to the banks today is not from a housing bubble, that's for sure. it's the "everything" bubble and it's not here yet.

>>52848336
I started in July 2019 with some silver bars, then moved onto the stock market, sometime around the end of 2019.
I'd say ~10% is profit, mostly from divvies. It would be higher, but I made some bad plays with copper miners, and a few bad options plays.
Much safer decisions now, though; much more informed.

You inbred retards are falling for this shit again?

>>52848374
Here comes the frantic cherrypicking.

>>52848369
I'm almost entirely in SOXL, with a little bit in UPRO and BULZ. I just throw in a little bit from each paycheck, basically. Just crossing my fingers that everything will be up bigly in a few years.

>>52848367
Oh I've been buying the whole time

>>52848356
Which ones?? All the MACD and RSI on the underlying semi stocks look pretty good on the long term charts

>>52848426
Not everyone is adverse to taking profit. I just sold my SOXL calls. Up bigly on them so it seemed logical.

>>52848401
i have a boil on my ass, will SAVA cover it?

>>52848409
Ah thank you for clearing that up. So why buy soxx rather than soxl?

>>52847469
>made it
>lives in cosmopolitan in warsaw
KEK
any proper sexpat knows zlota 44 is where u bang 16 year old polish girls

>>52848416
I have been contributing around 300-400$ per month to a ROTH IRA since I graduated undergrad. The house I got lucky with and got it on estate way under market value. I live in a flyover shithole so property is extremely cheap and I don't drink or do anything interesting except buy books so I am able to save quite a lot

>>52848407
I TRIED SO HARD
AND GOT SO FAR
BUT IN THE END
IT DOESN'T EVEN MATTER
I HAD TO FALL
TO LOSE IT ALL

https://youtu.be/eVTXPUF4Oz4

>>52848449
less risk

>>52847779
can't afford rent when you're disabled, dead, or unemployed

Hope you guys realize this is just DXY crashing. DXY is down 10% in the past 3 months. That matches the entirety of the S&P gains.
Dollar down => everything priced in dollars up

What this means is that we'll import more inflation next year, thus negating all the progress. The cycle starts anew. This is going to be a dead decade.

>>52848444
Good for you. Most of this board never takes profit and just bagholds.

>>52848280
Just short of 2k in regular stonks, 6,5k crypto, 8k in a particular unlisted company and 20k in a loan platform if that counts. Including pension fund (aggressive portfolio) a lot more I suppose.

>>52848460
>next year,
lol future /smg/ can worry about that

>>52848460
>What this means is that we'll import more inflation next year, thus negating all the progress. The cycle starts anew. This is going to be a dead decade.
yep

I SOLD TOO EARLY

>>52848408
Awesome! Thanks for answering!

>>52848412
Sorry you got laid off man, but sounds like you've accrued the market skills to soften the blow. Guess tech jobs pay well, thanks for answering!

>>52848424
Thanks for the answer! Looks like a good profit for just three years of investing in the market. Glad you've improved your strategy!

>>52848438
Ah, I'm starting out with the same idea, take a fraction from my paycheck and imvest in proven stuff/companies I like.

>>52848452
Makes sense, always satisfying to get cheap real estate! Sounds like you've got a smart strategy friend!

>>52848478
when did you sell?

>>52848474
zoomies have no future

AMC back to $8 by 11:30am.

>>52848485
when spy moved down, now my call is way higher

>>52848438
the ones in the pic...that's the original source of the theory that you buy leveraged assets when the underlying goes above the 200 day SMA and sell if it dips below
it's supposed to avoid volatility which i doubt most people that repeat it understand
the author of the first also wrote papers on the rest
there's a similar one for the VIX too

>>52848480
>mass replying
>positivity
>using exclamation points
NGMI

Oilbros... we are SO back

>>52848403
well the first thing i did was go to college and get a degree as a force multiplier so i would be able to ride coattails of private investment wealth. this only works because i was born to be a programmer. after that,
1. gold from 2009
2. a little over 20x on bitcoin from around 2013 to the top tick in 2017 -- sold and never looked back
3. OXY when oil went negative -- holding, its future is bright
4. and no dumbfuck speculation positions larger than $1000 until this very year where i feel like $5000 is now acceptable
right now today:
1. just been rolling CDs until jan 2023 with like 15-20% of portfolio
2. everything else, hold
for the future:
1. berkshire hathaway
2. uranium
3. emerging markets equities (in 401k) and short-term govt debt (taxable private acct)
if i had to name one person i simply follow, even though i do think for myself, more than anyone else it'd be jeff gundlach at doubleline

I hope I can make like 10k in gains before the end of the year because I lost harvested like 40k in crypto

>>52848474
You can still celebrate today's gains, but it's important to understand the context because it'll drive the future path. If you know the path, you can profit off predicting that trajectory.

>crypto popping off
hmm this feels odd.no im not a bobo

>Skechers only down 3% on the year
How do I do a deep dive on a le stonk? Purely anecdotal observations and what I've seen irl make me think they're going to have both a continuing customer base plus add new customers like me (young men entering 30s who don't want to spend more than $60 on shoes), also I like their business model of "copy popular designs, give them a comfy sole, sell them for less than the actual brand"

>>52848460
True and the pump started because the Japanese then Chinese started dumping dollars to defend their currencies. Fed narrative is just kayfabe for algos to make sharp intraday moves.

>>52848502
Well I see no reason not to at least he positive in my interactions, after all, learning how others invest is a good way to accrue wisdom.

>>52848506
I really appreciate the detail, thank you! Awesome you profited on Bitcoin, that story is getting rarer these days. I've looked into Berkshire Hathaway since they regularly perform better than the market average by a large margin. Uranium? Expect to see nuclear go up? Never heard of Jeff but will remember it. Thanks again for the detailed response!

we broke the down channel

Didn't make as much as I expected but still good enough. 4k is literally instant deposit money which i dont even have

THis pump is fake and gay right? We're going right back down tomorrow.

How do I learn to buy on rally's like today? I feel dumb buying when everything suddenly got more expensive.

>>52848480
Thanks, pal!
Good luck with your data mining! :)
>>52848535
Yeah, kinda glad I took some profit

>>52848502
>t. nigger
NGMI

>>52848553
You're supposed to be bitter or smug 24/7
This is /smg/ after all

should I buy soxs?

>>52848506
whats the scoop on uranium? i was going to buy a few days ago but don't know anything about it, since then it's been all green

>>52848561
Woah, what'd you invest in?

>>52848534
I only care about the next 30 mins to 2 hours, and on rare occasions overnight. I trade, I'm not an investor. Not in this market life cycle anyway, maybe in the years to come.

>>52848564
I don't think so, this pump puts a lot of things above their 200 dma, or in some sort of technically bullish position, so I think algos and whales will slurp hard

>>52848564
i think so.
not much action for that algo pump.
crabbing down, already loaded up some puts again, sadly i missed tsla... got so many times burned by this shitcoin this year

>>52848591
Spy calls, 2 of them 398c expiring today.

>>52848536
this nigga wear sketchers lmao

>>52848567
guh
>https://en.wikipedia.org/wiki/Colleen_Camp

i have a SOXL $16 call 1/20

am i gonna make it

we are forming a marge

Why SOXL is pumpa?
I thought it would be dead for the rest of the year

>>52848616
wow wtf happened

>>52848627
soxl just reported earnings

GIVE ME BACK MY MONEY

>>52848615
Sorry sweaty but analysts agree that value is the future for footwear

https://www.businessinsider.com/2023-could-be-year-skechers-crocs-hey-dude-not-nike-2022-12

>>52848553

>>52848635
the wall landed on her

>>52848627
John Soxl acquitted from giving blowjobs in the company bathroom

>>52848539
DXY is down because longterm rates are down, because inflation expectations are down.
This was always going to be a temporary effect, because rates staying high for an extended period literally means the printing of more dollars. So DXY pumped, and now it dumps.
Everything is connected. Everything will repeat itself.

>institutional traders: retail is retard!
>also institutional traders: inverse retail like mad dogs to SP 4000

>>52848616
Damn women really do look fucked up when they're old, huh?
>>52848623
Did you buy today?
>>52848627
David Soxl returned as CEO

>>52848567
>Good luck with your data mining!
I guess I am data mining a little huh? Either way all this info will hopefully help me be a more effective investor, so thanks!

>>52848569
I'd prefer to be neither if possible, and if that results in a little ridicule for staying positive, so be it, people will do what they will do.

>>52848610
Oh that makes sense. What's the benefit of calls over standard purchasing of the shares?

ouuu apple looks weak thank god i doubled down.
apple will never get 150 back harharhar

>>52848615
skechers are comfy as fuck

>>52848655
>Did you buy today?
no lol I fucked up big time, paid like $2 for this thing so really I need it to get to 18 for break even

New

>>52848678
>>52848678

>>52848645
What happened Anon?

If we keep causing inflation and then tempidly raise rates we can keep nominally negative yielding debt forever

>>52848651
Yeah in part, but the dump was kicked off because the Yen broke 150 and the Japs started dumping. Then China joined in. It's what caused the shift.

>>52848452
Yes, but have you been jerking off?

>>52848275
Thanks for bringing it to my attention. I brough $160 puts when I read your post, made breakfast and came back with a 500 dollar profit.

>>52848706
God Job BoBro^^

>>52848706
Did you sell'd?

I won't say gay because it's against the law in the state of Florida, but this pump is retarded, fake and probably docks cocks.

>>52848692
That's sort of true, but Japan was intervening in small moves on the slide down to 150 as well.
Their interventions were merely able to temporarily stall the yen decline. Note that the Euro is actually outperforming the yen, although the yen has held well despite keeping rates at zero - meaning there'll be no future reversal due to rate cuts.
The real problem with the yen (long term) is that Nips are dying. Same issue in South Korea. Will the currency outlive the population?

>>52848752

you can say gay in florida just not around the children

4chan is an 18+ board

>>52848764
>board
website

>>52848745
No still holding on. Twitter will keep being a mess in the short term.

>>52847662
layoffs and inflation is bullish and your bear delusions that the fed will destroy the economy are not real