/biz/ - Business & Finance

>>53253893

Why didn't you get outta my way, Mumu fucking shits?

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>>53251291

>>53253898
It'd be nice if he finally said what fucking program that was

>>53253914
Market is opening in an hour, you should be on your 5th now.

natgas lol

SOXL sisters i dont wanna sound like a hater but I hope you get blown the fuck out this month

>>53253914
No. Have some hot cocoa instead. You will want some theobromine for whats about to happen when markets open.

Wonder how long it’ll take retard bulls to figure out that yields going down isn’t bullish

>>53253920
kek I remember when I used to go to the office I would have like 4 cups before 10am. My heart felt like it was going to explode.

>>53253895
Should I exit all bull positions today?

Last chance to make a choice, before the choice is made for you. So, which bizball today?

Everyone went into SPXS before close with the intention of riding it down a few days and then buying intel at its fresh low right?

>>53253928
3 day market weekends tend to be 4 day weekends given the market just fucks around on a friday going into it, so i'm not bothered

going to make that third cup of coffee though

>>53253929
>yields
What anime girl is that again?

>>53253936
The red one, the red one!

(You) literally provided the market exit liquidity yesterday. good job

Banks are getting ready for a recession.
SELL! SELL! SELL! SELL! SELL! SELL!

>five posts with the same writing style with the same "vibe" comments

And i thought I was the only phoneposter.

>>53253933
i'm sitting on a bunch of SPY put options for february. i'm thinking the consumer isn't as strong as the banks are leading us to believe and this is going to lead to a surprise economic downturn that nobody sees coming.

>>53253919
I did. When I capitalized the word prosper I thought you would understand

>>53253932
Yes, you should really faze out coffee if you can. Cocaine really helped me kick the caffeine habit, it's a miracle drug

>>53253950
Priced in.

>>53253929
>yields going down isn’t bullish

>>53253955
Get fucked on furry lol

>>53252140
savings rates allows for the potential for future growth
nations with higher savings rates allows for higher future growth
money that is saved doesn't just sit in a bank account - it is lent out to others to be productive & grow the economy
if the savings rate collapses, investment in the economy collapses, future growth collapses
not only does a very low savings rate hurt future growth, it immediately hurts present growth and consumer spending
think about it like this - if you have a positive / high savings rate, all of your "needs" and "wants" are being met; even with you buying all the things you need and want, you are still saving money / net positive
when the savings rate falls this low / negative, it means that people are getting hardcore squeezed financially, where they are not able to buy everything they want / need, that they have to borrow money / put themselves in debt in order to keep up. they are unironically doing this for groceries - not for "a new TV" - that's how bad the situation is getting, that people are putting themselves into unrecoverable debt, for food
this extremely low savings rate impacts consumption, as although the $ frontline price may be inflating GDP, the amount of goods and services that the person is actually receiving is less than before - their quality of life is lower, they cannot buy as many things (just fewer things at a higher price)
this is bearish for growth, bearish for corporate earnings, bearish for the economy
if you want to learn more, google
>savings rate relationship with economic growth
and there are many, many papers on the subject
the other huge danger that exists, that didn't exist before, is that we are having this extremely small / negative savings rate, while also at a time of all time high debt and increasing layoffs
it's a recipe for disaster, as people who do not have money saved / no savings are having to borrow money on higher interest to buy food; they don't have a job & can't pay it off

>>53253963

short europe . NOW

>>53253963
Akshually no because stubborn Mumus refuse to price it in, they're still fighting it.

>yield curve

>>53253957
Lol what makes you think the consumer is in hot water?
Prices are dropping, and will continue to drop. Who cares about the peons who get swept up in the mix. They were likely going to get swept awway, regardless.
The average person is fine. Most people are actually starting pay debt down, again.

>>53253960
Dude I'm two coffees down and /biz/ posting in the shower before work, I'm probably certifiably retarded right now

>>53253936
I choose Up

>>53253990
>Prices are dropping,
what fucking planet are you from nigger

>>53253978
last time someone suggested that, the FTSE had a big run

>>53253991
FUCK YEA ANON!

>>53253963
If everything was priced in why would you ever make a financial transaction?

>>53253978
I did

>>53253957
>Wells Fargo earnings were cut in half, hurt by a recent settlement and the need to build-up reserves amid a deteriorating economy.

Banks are betting on consumers going bust. If anything banks are already giving us a warning about the nasty economic downturn that's coming.

this whole bizz ball thing is psyop

>>53253990
>Lol what makes you think the consumer is in hot water?
Did you miss the record high credit card debt and record low savings rate mixed with core inflation rising?

>>53253942
I mean I agree I was just shitposting. But really you should vary up your caffeine intake. Sometimes go with green tea or black tea, sometimes cocoa etc.

I start my mornings with green tea brewed overnight then cofffee after a few hours then cocoa through the day as needed unless I feel I need coffee then I make a smaller coffee and do a coffee cocoa mix. Cocoa has other stimulants and mood and memory enhancers like theobromine with less caffeine so I prefer it for the boost as the day goes on. Also since its just a powder mixed into a cup it is really easy to regulate your intake.

>jannie assmad again that he has to work on goldstiens schedule while I can persue hobbies all day and passively invest

Your life is sad. Did your family not love you enough to leave you inheritance or something?

>>53254012
yeah my usual is 1 - 2 cups a day, i take a few days from it when i have days like this where i go a bit overboard

otherwise i just live off of endless pints of water

>>53253990
I just want to see people dying on the streets so we can re-elect Trump.

>>53253991
My work just started, but I work remote from home so I'm posting during training. Brewing some coffee in the kitchen.

>>53253998
Earth. Difference being is that I leave my fucking home, and use $ to go out and buy things.
So I have a good understanding or which way prices are headed; DOWN.
>>53254013
Lol you bobos misconstrue so much shit, it's impossible to have a truthful conversation with you losers
>>53254016
>dying for attention
>mom was clearly single
This is what happens when kids grow up without a strong male role model.

>>53253990
>what makes you think the consumer is in hot water?
Uh, how about every single economic report we have gotten over the last 3 months
>delinquencies sharply rising
>credit card debt sharply rising
>debt in order to buy groceries sharply rising
>layoffs sharply rising
>all time high debt
>negative / 0 savings rates rock bottom
the consumer has been able to keep up by putting themselves in more debt.. that's it
that is not healthy, that is not a "booming economy" if people are putting themselves into debt they can never get out of in order to buy food

>>53254026

>>53253929
None of those meme metrics matter. What matters is that the economy is fucked and going downwards in waves as large firms slowly tax profit.

But what matters more is that tax season is always a selloff and we're in tax season so I don't know why anyone is bullish kek.

>>53253990
k...

Are my March ARKK puts gonna print?

>>53254013
This lmao. Let jerome smoke whatever this >>53253990 retard is smoking

>>53254000
the buy puts fag shorted too early and ftse on top of that . short dax .

>>53254011
Take meds (also a psyop)

>>53254043
Yes, ARKK is getting heemed.

>>53254020
Yeah that is a good amount if you add up my caffeine intake it comes out to about the same. I vary up overnight cold brewed teas and sometimes coffee.

Have you ever tried cocoa? If I ever wake up feel down and depressed and unmotivated I up my intake of cocoa and by midday I always feel great and motivated again. But if I just stuck to coffee I know I would be an iritable rek and asshole to be around that day.

Ever put Cayenne pepper powder in your morning warm drink? Highly recommend. Really enhances the wakeup effect having that burning throat sensation. My favorite thing.

it's only fitting we get black friday the 13th

>>53254004
cheers bobro . did you short dax? cac40? ftse?

Dubs and gme reaches 80 dollars a share today. You heard it here first folx

>>53254079
sucks

Anyone who's not a faggot ass doomer bear want to explain why we're red after banks crushed earnings?

>>53254079
Dubs and somebody gets ass reamed today

Mumu are you ok are you ok are you ok mumu

>>53254075
Did short the dax at 15100

>>53254008
Aren't like 50% of bank profits from gines on retards overdrafting anyways?

>>53254088
because that's actually bearish, because they are forecasting higher rates

>>53254016
Genuine question, furry. What is your goal in posting all of these underage posts, and why? I'm not just asking to know, I also want you to ask yourself what prompts you to do this.

What's the difference between a Russian and a Ukrainian?
Kayeem Ben-Davit fucks one of them in the mouth and one in the ass.

PS the number of employees itt is out of control.
This is stock market general, please go search the catalog for I'm a faggot with a job who writes emails to his coworkers general.

>>53254088
>can people who are on the wrong side of the market explain why the market is moving against me?

>>53254079
rolling for pltr bros WAGMI

short MRNA?

>>53254072
Also turmeric in your hot drinks. I whip up a honey and turmeric mix that I use if I ever need carb energy. I drink it mixed in boiling water during my workouts or for carbs as needed. Or mix it into my coffee etc for spice flavor and sweetening.

I love str8 black coffee but I have found warm black coffee upsets my stomach so I sadly only really drink black coffee chilled. Chilled isn't harsh on the stomach at all in my experience.

>>53254098
Lol wtf is this script flip? Literally everyone yesterday was saying "yeah okay if banks beat earnings I guess things aren't as bad as we though" but 24 hours later it's suddenly bearish? Nah.

My XLF put spreads didn’t make it, bros.

>>53254072
>Have you ever tried cocoa?
i try to avoid sugars and empty calories if i can, but sometimes i'll make a very weak (in coffee) chocolate latte with the machine i have, pretty comfy

otherwise in the evenings i go for some softer teas to wind down; i tend to not sleep too late fortunately, but waking up and not procrastinating is the issue

>>53254115
safe and effective chud

Well my MARA shares got called away last night

>>53254094
nice entry i shorted at 15060

MARKETS ARE CLOSED ON MONDAY SELL REDDIT SELL!

>>53254119
The market pumped like 8% since the start of this year and we've had 3 neon green days back to back. Makes sense that today is a bit of a sell-off before the pump continues next week.

>>53254119
How else do I trick you into buying my shares after a nice little pump

For me it’s OIL and GDXU

And poof, just like that, not a mumu in sight

>>53254133
>its real

>>53254088
>banks crushed earnings
look at the breakdown. investment banking revenue, the money printer, is shitting the bed thanks to the rising lending rates

shareholders want big margins and consistent growth to justify the current share price. how are posting here if you're stupid to know that?

>>53254138
Fair enough. Fingers crossed that a bunch of bears are loading up on losing shorts right now.

>>53254088
>explain this to me
>but only give me wrong answers
The answer is that you beheem yourself

-3 % day?

-3% day

Im going to need that drawing of an elephant with its trunk up another elephants ass

Why are we dumping?

>>53254002
Exactly *taps head*

>>53254155
why are bobos always so euphoric at the slightest bit of a downward turn after a whole week of green? You guys are in for a very bad year if you didn't exist your short positions by now. The losses you had last week are only the beginning. SPY and Nasdaq are going back to ATH and beyond this year.

>>53254177
bank earnings indicating that it's going to (very potentially) be a shit earnings season

>>53254177
lol but we never ask why we pumping

>>53254169
That would be a +9% day for me. I’ll take it

>>53253936
whats the greenpill

>>53254183
>unironically fell for an exit pump

Lol the bottom isn't in until SPY is 220.

>>53254133
IT’S CLOSED TO CELEBRATE DIVERSITY CHUD, WE’RE CANCELING ALT-RIGHT SELLING

>>53253948
Based exit liquidity providers. Without them, there would be no market.
Someone's gotta take on that important role of riding the CCs I sold to zero as we go into OpEx.

why are mumu always so euphoric at the slightest bit of a upward turn after a whole week of red? You guys are in for a very bad year if you didn't exist your long positions by now. The losses you had last year are only the beginning. SPY and Nasdaq are going back to new lows and beyond this year.

>>53254183
>SPY and Nasdaq are going back to ATH and beyond this year
>bobo-in-doctors-jacket-dispensing-medicine-with-clipboard-to-mumu-in-strait-jacket-in-insane-asylum.png

Melt upbros you lied to me

Is this markek long term bear, short term bull?

today i saw a race car styled tesla car parked at the grocery store. those are very rare here its the second tesla i have seen in my life

everything is already priced in

USD is getting stronger which results in stock prices going down. More news at 11.
Did people really forget that DXY is one of the main drivers of the market? I bet skeletor is dissapointed.

>>53254183
Zoom out

>>53253996
Can someone explain to me the origin of these meme balls. First time seeing them today

>>53254158
>>53254167
Yeah cool nice one, now tell me why bank earnings have anything to do with Tesla. Surely there's a good reason why it's down 6% premarket? Lol

inb4 some idiot mentions the price cut in Europe - you will never convince me that a huge company making their popular products more affordable is bearish

This will be known as the "Friday the 13'th rugpull"

>>53254184
Wtf why? How the fuck has the narrative changed overnight?

>>53254193
the bottom for SPY was all the way back in june last year. You've long missed it.

UNGsisters... I dont feel so good...

>>53254222
the first big earnings of the season, especially bank earnings, is seen as a 'thermometer' gauge for the economy
if bank earnings are bad, the economy is bad - likely others did worse / or the same level of bad
front running a bad earnings season
although there may also be news specific to TSLA today, I have not done any digging

>>53254232
capped

If we crash Today will it be remembered as Monday holiday?

>>53254231
Because the narrative you were fed yesterday was to get you to buy someone’s bags. You don’t typically buy after the markets pump for an entire week. Consider this a lesson

>>53254231
It didn't. Recession fears are in, bank earnings reports suggest that things might get bad on that front. Not as much the pure numbers, but guidance etc.

BBBYbros how we feeling today?

10 bucks we're gonna have another schizo market when it opens
crabs will win again

>>53254250
BUT LINE MUST GO UP EVERDAY FOREVER, CHUD

I’m well positioned for today

>>53254258
No idea why but something about a guy hunching over like that just pisses me off

>nat gas
AAAAAAAAAAAAAAAAAAAAAAA

>>53254213
I see lots of Teslas when I drive in the city. They must charge at home, because I never see any car at a charging station.

>>53254283
I still can't fathom why anyone would own a car dependent on the energy grid in a state like California with black outs

>>53254240
Right but banks did well on earnings, and the narrative up until right now was "if banks do well then things aren't so bad"

>>53254253
Oh just shut the fuck up already

>>53254281
when will NatGaskeks learn

the buyback fags are right. dividends are usually <$2 but buybacks can pump the value at double digit %. ideally you would of course catch both

I bet 90% of posters here are insecure pajeets who are used to throwing shit at each other. What's the point of making fun of bulls / bears? What value does it add to this board? It's no better than schizo posters on stocktwits or in yahoo comments. But instead of cringe gifs you're posting pictures of bears and cows.
No, market won't go in the direction you want if you keep spamming. And by trying to ridicule others you're just showing how insecure you are. Pathetic display my friends.
I came back after 3 months break and from what I see it was not worth it.

>>53254305
Any good news is bull cope because they aren't pricing in another rate hike.

I just bought this book, what am I in for?

>he thought it was a good idea to go long on Friday the 13th in an insanely overvalued market whose entire bull thesis is a delusional belief that the Fed pivot is around the corner

>Imagine being long NatGas
KOLD frens we win again

>>53254319
Welcome back

>>53254323
>core inflation continues to rise despite multiple fed rate hikes

>>53254283
i wonder if that will ever happen in my small euro city. they have added charging stations all over the city but outside of it you might have a hard time finding one

>>53254319
heh, not like us frog and anime girl posters amirite

>>53254220
Happened yesterday. Some anon posted a picture of his house. I zoomed into this candy that was sitting under his entertainment center and posted that image in reply just as a nonsequiter, then I got bored and made pic related because I thought it was a little funny. Others started making their own versions and now it's grown well beyond my little joke post.

>>53254319
WHY TECH STOCKS GO UP?!
WHY NATGAS GO DOWN?!
It's bagholders upset they bet wrong who can't cut their loses.
Wish there was a way to kill them all but not yet stumbled up a solution.

>>53254319
its fun, if you hate it you can leave again. Nobody will miss you

Why is npr like this? What etf is shorting npr?

>>53254322
Learning about how we all have be one financially enslaved since 1910 when elites met in secret on Jeckyl island to push through the federal reserve and IRS in 1913 to extract all the wealth out of this nation

>check out QRTEA because I'm bored and looking at Burry's portfolio
>stock so beaten down that free cash flow is higher than the companies' entire market cap
Fucking excuse me? I might just get a little bag of this.

>>53254363
>nose people radio
You're getting exactly what you signed up for.

>>53254355
Love me some organic growth

>>53254319
ok

>>53254319
There are a lot rose ways people throw shit at each other,my participation is purely out of the need for practice and a little bit of amusement

>>53254352
Exactly, we're the cream of the crop

>>53254334
thanks

>>53254369
Don't you think that maybe there's a reason why it's like this?

>>53254220
shitty forced meme some cuck is wasting his time spamming in here so he can one day come in and spam "UHHH BIZBALL COIN JUST DROPPED GUYS!!"

many such cases

>>53254363
NPR is for reddit manchildren.

SOMEONE POST THE BANGBANGBANGBANG DRUM PICTURE AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>53254379
If someone makes a crypto based on my silly joke I'll be very sad and ask them to stop.

AAAAAAAAAAAAAAAAAAAAAAA

>>53254323
>pivot
they're just going to keep rates around 5%
we're not crashing unless some sector fails

DAX lower than its close yesterday while FTSE above currently. Any reason DAX dumped so hard in their open?

>>53254379
Just enjoy the meme, man!

>>53254323
go back to your winter sleep silly bear. if people are willing to pay it the market is not overvalued

>>53254379
>1 post by this ID

>>53254377
Nothing means nothing.
>https://youtu.be/8C4lK41SX-Q

A GAME OF 5% CHICKEN JUST FLEW OVER MY HOUSE!

SELL FOR YOUR LIVES

>>53254322
You might figure out why you shouldn’t bet against the direction the Fed is pushing the market. Counterfeiting money or burning the money Dark Knight style with interest rates.

>>53254361
It might have gotten old for me, although I think that current bobo/mumu posters are basically cringe. Instead of trying to make funny memes, they focus on attacking others in most childish ways possible. Or I'm just depressed and can't ejoy little fun anymore.

Jerome has stated multiple times rate hikes will continue until 2025.

>>53254363
>paperwork!!!
Adults in the modern world are children

>>53254389
I just want to make it

>>53254412
>if people are willing to pay it the market is not overvalued
People were willing to buy at S&P 500 $4700 as well

>>53254428
>I bet 90% of posters here are insecure pajeets who are used to throwing shit at each other. What's the point of making fun of bulls / bears? What value does it add to this board? It's no better than schizo posters on stocktwits or in yahoo comments. But instead of cringe gifs you're posting pictures of bears and cows.
>No, market won't go in the direction you want if you keep spamming. And by trying to ridicule others you're just showing how insecure you are. Pathetic display my friends.

>>53254368
from a scale of schizophrenic to QAnon, how based is the author?

>>53254396
>some sector fails
right, not like banks, tech, biotech, commodities, housing, food, USD, foreign forex, gold, silver, uranium, pussy, and oil are overvalued from insanely high debt to earnings ratios with and fucked up logistics networks that never recovered.
No way anything could fail.

UNH
>beats earnings
>upbeat forward guidance
>dumps immediately while CAT gets continuously upgraded by (((analysts))) and pumps into the atmosphere
FUCK YOU SCAM MARKET FUCKUCKFUCKFUCKFUCK

>>53254305
>JPM
https://www.reuters.com/business/finance/jpmorgan-profit-rises-6-trading-strength-2023-01-13/
https://archive.. ph/CobTQ
profits all came from trading desk, especially from fixed income - bond prices rising last quarter helped them huge - they no longer have this headwind, and there is more emphasis on the bad parts of their report, decreased trade deals, decreased equity trading desk
>The investment banking unit's poor run continued in the quarter, with revenues down 57%
also they gave poor forward guidance
>WFC
https://www.cnbc.com/2023/01/13/wells-fargo-wfc-q4-earnings-2022.html
>Wells Fargo earnings were cut in half, hurt by a recent settlement and the need to build-up reserves amid a deteriorating economy.
>set aside $957 million for credit losses after reducing its provisions by $452 million a year ago.
>Earnings: 67 cents a share, compared with $1.38 a share a year ago
>Revenue: $19.66 billion, 5.7% lower than a year earlier and lower than the $19.98 billion expected, according to Refinitiv
>The big decrease was driven in part by lower mortgage banking on fewer originations, the bank said
people aren't buying homes.. they aren't taking on debt, aren't taking on loans - banks need this to keep growing. we are seeing a collapse in real estate demand - which is bearish for more than just the banks
>The bank said its home lending revenue was down 57% this quarter.
lmao. down 57%, just this quarter
>BAC
https://www.cnbc.com/2023/01/13/bank-of-america-bac-q4-earnings-2022.html
>CEO Brian Moynihan described the economic environment as “increasingly slowing.”
>Earnings: 85 cents per share versus 77 cents a share, according to Refinitiv
>Revenue: $24.66 billion versus $24.33 billion, according to Refinitiv
>Expectations were running high that Bank of America would post gains in interest income...The bank reported $14.7 billion of net interest income, up 29% year over year but slightly below Wall Street expectations of $14.8 billion

A
AA
AAA
AAAA
AAAAA
AAAAAA
AAAAAAA
AAAAAAAA
AAAAAAAAA
AAAAAAAAAA
AAAAAAAAAAA
AAAAAAAAAAAA
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AAAA
A
A
AAAA
A
AAA
AAA. AAA
AAA AAA
AAAAAAAAAA

>>53254437
>faggot doesn't have religion or hobbies
Shockingly when your entire life is about the rat race your soul is crushed

Friendly reminder that taxes are due this weekend.
If you made money trading last year (and you should have), then you may be required to pay estimated taxes on those gains.
Don't hold off until April. By delaying, you may end up owing 6% APY interest on a large portion of those taxes due.

>>53254444
As based as your quads

Why aren't you guys trading futures?

>>53254452
dude doesn't even have a gas stove. like no wonder this guy is depressed he doesn't even have a gas stove.

>>53254437
that would unionically be me if I didn't have a gf. kinda depressing

>>53254412
> if people are willing to pay it the market is not overvalued

People will not pay. Not for stocks and not for products and services. This is what a recession is, dummy.

>>53254416
>SELL FOR YOUR LIVES
>but with a RuPaul voice
I knew bobos were gay.
>>53254452
It's like they've been sold a bill of goods, and their single parent home wasn't equipped to better prepare them.
>>53254467
You know exactly why, anon.

>>53254446
yes yes doomie some day something is going to fail nobody is arguing thats not going to happen, problem is like most doomies you're not going to put your money where your mouth is

>>53254466
>>53254444
Ofc the schizo shit gets the digits but there is nothing to be gained going down this road so beware anons

>>53254477
>>53254470
Dude is also a skeleton that doesn't exercise. Probably physically feels like shit

>>53254378
Yeah, certainly. I thought the same thing.
Problem is, I literally cannot find the reason. Maybe I'm overlooking something but the bad news seems like it's behind the stock, and the financials are very solid.
I'm getting a small bag just in case.

>>53254437
Does the man in the webm not have friends? A girlfriend or wife?
Work only takes about a quarter of my time, and if we count the fact that I can post on here while working, less than that. I still have time for friends and family, still get to go out and have fun with my fiancee, still get to chill and goof around. Have a degree, have a job, make an income.

I'm not saying he has no right to complain, a monotonous job sucks, but unless he's working 80+ hours and driving a fair distance to and from work every day, the "is this all there is?" comment really rubs me as "he focused so heavily on his career, he forgot that work was meant to support life, not the other way around."

>>53254478
I'm 100% short and making bank on KOLD, SOXS, and TSLQ thank you very much.

>>53254184
uhh but earnings all outperformed?

>what are meteorologists for 750?
I fucking hate today

>>53254416
nah im holding. the buyback program isn't complete yet

>>53254305
>>53254450
>average deposits declined. Net income for the segment was down 2% year over year.
>Average outstanding balance on credit cards climbed by 14%.
>decline in investment banking fees, which fell more than 50% to $1.1 billion
>C
https://www.cnbc.com/2023/01/13/citigroup-shares-decline-after-bank-reports-21percent-decline-in-fourth-quarter-profit.html
>Citigroup’s fourth-quarter profit declines by 21% as bank sets aside more money for credit losses
>The bank also set aside more money for credit losses as it prepares for a weaker economic backdrop going forward.
>Net income: $2.5 billion versus $3.2 billion a year ago.
>Earnings: $1.10 a share, excluding certain divestitures. (It was not clear if that was comparable to the $1.14 a share estimate from analysts.)
>CEO Jane Fraser’s turnaround efforts at Citigroup have hit a snag amid concerns over a global economic slowdown and as central banks around the world battle inflation. Like the rest of the industry, Citigroup is also contending with a sharp decline in investment banking revenue, partly offset by an expected boost to trading results in the quarter.
>Citigroup’s net income slumped 21% to $2.5 billion from $3.2 billion in the previous year, largely due to slowing loan growth in its private bank alongside expectations for a weaker macroeconomic environment going forward
>The bank said it set aside more money for credit losses going forward, increasing provisions 35% from the previous quarter to $1.85 billion
>Retail banking revenues, however, fell 3% due to lower mortgage volumes.

>>53254494
They're just going to say a bunch of things about muh real estate even though everyone knows housing is an entirely separate bubble

it's over we're literally crashing to 3200 today, hurry up and sell

>>53254467
Explain to me figures as if I were a normie plz (am rarted).

>>53254494
see
>>53254450
>>53254498

Why the fuck is everything down premarket

And here we go.

>>53254363
>Bills
Auto pay you retard
>Forms to sign
DocuSign exists
>Appointments to make
Use your phones fucking calendar
>Carpools to organize
Lol.
I swear these "people" would rather complain UGH THIS IS SO DIFFICULT CANT I PAY SOMEONE TO DO THIS FOR ME rather than use 3 seconds of common sense thinking. Zoomers and millennials are going to have an even larger wealth gap between these retards and those of us capable of critical thinking. Bullish AF WAGMI FRFR

*BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG

>>53254493
and I have puts on amzn
retarded mega bear

>>53254474
rewhat? every time i go to the stores there are long queues. if anything people are spending as hard as they can

What the fuck was that!

>>53254498
>www.cnbc.com
If i wanted to read holocaust people's incoherent ramblings I print out scripts to Seinfeld episodes.

>>53254482
> Beware of learning about financial history
> Nothing to be gained, nothing to see here goy

>>53254122
Nigga, all you had to do was to give it a couple of weeks until expiration and you would be printing, this is just plain retarded

WHAT THE FUCK WAS THAT

Natty gas bros...

WTFWT

>>53254467
>>53254508
>figures
Futures
I meant futures

Told you I was re-tiddly-tarded.

Look mom, it's pumping.

Holy shit based Walmart.

>>53254524
its a warzone out there, do whatever it takes to make you some money. What I'm doing has worked so far.

If BBBY ends today neon green, I will put my entire life savings into shorts.

>>53254544
The /Biz/Ball speaks the truth, we up boys

>>53254541
For index futures, you bet on whether or not an index will go up or down. There is no underlying thing to be delivered like there is with commodity futures, so it's entirely derivative. It technically has a use as a hedging tool, but most people just trade it, since it's perfect for that.

>>53254482
>there is nothing to be gained going down this road
I can agree that having the wool removed from your eyes can be extremely demoralizing, and damaging to your psyche to learn that we were sold out to be debt slaves by Woodrow Wilson
but it is more important to learn and know the truth, as demoralizing as it is

>Tesla cuts prices in Europe
>to increase tax incentives
How the fuck is this bearish at all?? They are unironically going to keep selling a shit ton of cars, why are people such fucking speculative faggots?

>>53254521
based

UH OH BBBY BBBAGGIES

Big Bennis & Beyond is crashing sers

>>53254559
>inb4

>>53254562
Huh, okay. I trade using an app called webull, in layman's terms, would you know how to do that on a brokerage app like that? Is it a way of using stop loss or something?

we're healing bros

TODAY'S PREDICTION:

Slow crab up

Bobros...

OIL? OIL.

>bank earnings absolutely demolish expectations
>shit crashes because it's Friday the nigteenth
You bears about to get buttfucked

>>53254322
What this guy meant
https://www.youtube.com/watch?v=zI5hrcwU7Dk

Jamie Dimon you fuckin Jew.

>>53254574
Lower price = lower profit
It's a huge win for consumers, but Tesla doesn't benefit from it at all unless they can scale up production even harder. They likely just lost 50%+ of their profit margin.

jesus i should up the trigger before the pumpers hit it

some of you may be hooked

>>53254606
>bank earnings absolutely demolish expectations
what are you smoking
see
>>53254450
>>53254498
look at C and WFC in particular
JPM and BAC were only saved due to the bond rally this past quarter - they were fucked in every other metric, and all 4 gave terrible forward guidance, and think we're going into a recession, that is getting worse by the day

>>53254583
I'm not sure if you can trade futures on webull. I use Ninjatrader, but another good platform is Tradovate. You can set brackets for futures quite easily, which is good since they're so highly leveraged.

wow, what a pump

I bought puts on bbby expiring Friday. How fucked am I

we're ending the day green i can already tell

tell me what dip to slurp today

>>53254606
Isn't it hilarious how the narrative up until this morning was "okay I guess everything is actually okay if banks beat earnings" but suddenly banks raking in cash is bearish? Feels like bears are getting desperate

>>53254616
Lol wtf is this shit? Show your TSLA shorts. One of the main drawbacks of Tesla for consumers is the relatively high price. Imagine how many more people are going to buy now that the prices are below government tax incentive thresholds. Tesla bears have maybe been the most consistently wrong motherfuckers on earth aside from Cathie.

SELL SELL SELL REDDIT SELL

>>53254663
mara

>>53254649
Ah, okay. Thanks anon!

>>53254663
>what dip to slurp
the only "dip" you should be slurping is the "dip" on short positions, where the market rallied, allowing for better entry on short positions
you should not be "buying the dip" going long here
if you did want to play the market long, at least 3 day rule it - but even then, it will be wrong
go short.
we just had bad earnings, and we will have even more the coming weeks

>>53254676
What about BITF?

LMAO they’re selling every pump

>>53254579
Not low enough.

>muh beat earnings
When you look at the actual fundamentals posted above instead of softball playing analyst expectations, the banks are shidding and farding.

PRTYbros I don't feel so good

low volume will be green in 1 hour

>>53254583
Not sure if you can trade futures on webull. Another anon mentioned ninjatrader, which is decent. Any futures broker works as long as spreads are low and executions are spot on. Keep in mind that comissions are likely fairly high. Also read up on the difference between different contracts before you touch them, as on the full size, 1 point on 1 contract is 50$. You can blow up an account easily since you are gonna be levered the hell up.

For an easier version, you can do CFDs if you are in europe, but the spreads there are terrible. It's better to trade futures in every way, except higher barrier to entry and comissions.

Yes, you can set stoplosses, you shouldn't really touch them without having stops in really and it's mostly short term moves that people go for.

AMD leading the pack down yet again. Easily the most overvalued semi

>>53254705
literally any miner would do. BTC rally = free cash

All this selling because the market is made I bought in after the giga dump from last year

>>53254723
TLRY. I’m finally up on TLRY. MSOX is being a shitter atm

>>53254521
he's on time today, good day ahead

>wmt down bigly
>tgt up bigly
>buy 0dte puts on tgt
>up 120%
lmao

>>53254729
Thank you for the info!

>>53254723
>muh fundamentals
Get rekt boomer, companies continuously raking in tens of billions isn't fucking bearish. Percentage point declines after three years of insanity is just froth shaking out. But sure, bet against the success of the US economy. Lmao.

What's the correct play here?
Continue holding SOXS?
Sell it b4 the inevitable fake scam pump?

>>53254728
they're doing another round of covid lock downs here in Connecticut. i have a feeling it's going to spread to the neighboring states like New York and Mass.

>>53254574
"Why not just make up for lower margins on volume?"
That is step one of becoming a zombie corps. Really its that TSLA is now doing exactly like all other auto makers have done despite claiming for years that that would never happen with them.
Because they are a tech company like AAPL and not a car company surely.
Hint: Auto P/Es are single digit

I can't imagine being fucking braindead enough to be bullish on TSLA in the year 2023. It's such a joke.

>>53254072
>coffee makes you shart
>cayenne pepper makes you shart
>put em together, at 8 am, what could go wrong?

>>53254759
>1776 WILL COMMENCE IF THEY TAKE TEH GUNS
>willingly gets imprisoned in their home
A-at least you have the guns, still?

>>53254759
It’s all good. So long as everyone can buy cannabis, I’m okay with that.
t. Florida man

>>53254714
bet they were desperate bagholders

>>53254781
still got my guns, still got my gas stove, and still got my talmud

>>53254755
a 57% decline in a single quarter for home lending is extremely bearish
a 21% decline in 4th quarter profits is extremely bearish
a 50% cut in earnings is extremely bearish
putting record highs of hundreds and hundreds of millions aside for credit losses expecting massive defaults / delinquencies is extremely bearish

If nobody got me, I know HD got me.

I'm starting to turn bullish on SOXL. Semi stocks can't be killed no matter what the news says

>>53254777
t. weak guts.

fake and gay sell off as usual

calling my female broker and telling her to buy

>>53254667
>Lol wtf is this shit?
Looks like basic economics to me. Supply and demand.
Keep slurping Elon's cock though. I'm sure he'll happily pull another $40 bil out of TSLA from another overpriced pump and dump comp package.

I have no position, and never have. Tesla is one of those circus shows that's more fun to enjoy from the sidelines.

I bought nat gas again. I've flipped it for gains 6 days in a row. Picking up these pennies in front of a steam roller is exhilarating

>>53254758
Seems like the fake scam pump is happening right now kek.
>long weekend
>banks selling off
>"this is bullish, buy"

>>53254283
i've seen wawa's with a bunch of charging stations and most of them were filled. im in south florida

>>53254072
I put cayenne on my eggs. Does that count?
>YES, I am rich enough to buy eggs.

>>53254777
not everyone is from shartland

Incredibly jewish market today

>>53254810
no you can't, stop fucking lying
nobody can afford eggs anymore.

>Dips didn't dip enough to trigger my limit orders
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>53254810
based

I had some Hormel™ brand corned beef hash (Ticker: HRL) and plopped a couple eggs on top of it this morning

>>53254789
>a 57% decline in a single quarter for home lending is extremely bearish
Surely it couldn't be because housing has been in a bubble for a decade and that 57% "decline" comes after three years of absolutely insane buying
>a 21% decline in 4th quarter profits is extremely bearish
Pretty much the same as above. You fags love to ignore the two years before these earnings and just interpret numbers in a vacuum

>>53254319
yeah we should be trying to figure out how to make money, not seethe at each other for being a bull/bear

>>53254819
National origin doesn't change the fact that putting pepper in your caffeine will give you the shits.

>>53254792
their earning will do the job. Consider the TSM guidance, but without the earning beat, because well, TSM took their market share and profited to increase prices and margin last years. I'm predicting a nice drop if we go higher in PE ratio

>>53254777
good. get cleaned right out. no eating until after trading. basically only fluids in your stomach perfect for breathing and focus exercises. I go out for a jog in the freezing cold woods after my coffee and cayenne shart and sing loudly while i jog prepping my mind for the days trading.

nvda at heavy resistance and stagnant on balance volume, I think I know what happens next

>>53254837
Gonna make some eggs benedict just for you, bags.

>bears aren't allowed to ejaculate
It's 2021 all over again for stonks.

> be me
>buy certain type of 1DTE spreads
> set alarm for 3 hours from now
>Take nap so I can't be awake to be shaken out of the normal morning shake out
> wake up 3 hours later
> Profit

>>53254843
That IS figuring out how to make money
The bear/bull shitflinging is the result of different people coming to different (opposing) conclusions on how to make money.
If you people are mad that people are fighting on the internet, then I welcome you to your first week here

>>53254792
buy it, faggot

>>53254849
I dunno I suck at this. I just want my money back from being heemed bag holding soxs

>>53254841
thanks for reminding me. I need to make some corned beef hash for my gookfu, she's never had it and knowing her pallet, she'd love it. i'ma wait for it to snow first though, and then we can eat it for breakfast and stay inside all day in our pajamas.

>>53254842
>Surely it couldn't be because housing has been in a bubble
the housing bubble popping is bullish? got it - take your meds
>You fags love to ignore the two years before these earnings
who cares that earnings are sharply declining? they were good before! I will continue to buy the companies stock, because their earnings were good 2 years ago! don't you see, it's just a healthy cooling off?
what's that? investors buy companies based upon not only their current earnings but expectations for future earnings?
what's that? both are down?
this is fine! because they did well two years ago!
I don't care as an investor that they did bad this quarter and expect to do bad in subsequent quarters, as they did well two years ago!
>this is you
>you are retarded

>>53254881
cute
im glad you guys are back together baggie

im single right now because i dumped my gf of 6 months

Is it just going to be fucking wicks all fucking day? Will these dumb faggots make a decision already?

I've just set a limit buy to grab 100 shares of PRTY if it drops to 0.34 today. Wish me luck!

Imagine being so bearish when the clock hasn't even struck 10
I hope I meet your gf at a slide bar and make her cheat on you bear niggers over a period of two years while you're off working out of state

what exactly is considered beating the market? today my holdings are green but the index is red

>>53254905
We have been crabbing since the end of last september. What you don't realize is this will be the market for the next 30 years.

>>53254842
>3 years
Ok so we should be revisiting 2020 lows then kek lets gooooo

>>53254917
Oddly specific...
Im sorry she hurt you anon

>>53254923
shit&piss was down -19% in 2022
you beat the market with -18% congrats

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>53254942
Literally me.

>>53254842
>no see the bubble popping is actually bullish

UMich Consumer Sentiment 64.6, Exp. 60.7, Last 59.7

He baked?

>>53254361
>>53254870
>>53254374
newfags fuck off

>>53254948

>>53254868
my trading got 500% better when I started sleeping through the first hour of market open. I'm usually not even awake right now but I've got to take the dog to the vet in 15 minutes.

>>53254319
Can't help it. There's just something really beautiful about seeing BBBY immediately rug after all the cockiness and obnoxious shilling yesterday.

>One-year inflation expectations 4.0% vs 4.4% prior
>5-year inflation expectations 3.0% vs 2.9% prior
a little mixed - one year expectations as a result of gasoline prices falling
but longterm inflation expectations are rising, risking sticky inflation and making the Feds job harder

>>53254938
I've done it probably 4 times but the first time I did it was because I found out my exgf was still talking to her ex bf, three years into our relationship. I couldn't confront her in the proper way so I cheated on her with five different girls over a period of 3 months. The last one was literally what I just described. I still miss that cheating bitch

>>53254980
they just need to do another 1 beeps rate hike, and pop the balloon, then it'll deflate and we'll be all good.

>>53254379
100 % THIS. FUCKING CUNT NEEDS TO FUCK OFF TO REDDIT. I BET THE POSTER 'ASKING' THAT QUESTION WAS ONE OF HIS SAMEFAGGING PROXIES. I HOPE HE DIES SLOW AND IN PAIN.

migrate fag OP didn't post this here
>>53254935
>>53254935
>>53254935

>DAXCHADS win in the end
Absolute kvno

I'll bake, give me a sec.

gahhhhhh stop pumping the market dirty niggers

And just like that Spy ( Ticker: SPY) will never be below 395 again

>>53255019
Wait nvm someone else got it.

Hey Rolf, why the fuck are you browsing smg from your cubicle?
U know you are too old to lurk here right?

>>53254491
what's your gig? Some careers have 12+ hour shifts or you have to bring work home or you have to be obsessed with your field/industry to stay relevant in the job.

It's very easy to find people who don't have a lift outside of climbing the ladder and wasting their spare time gaming, watching Netflix or drinking

>>53254322
Get Eustace Mullins book on the Federal Reserve too. Came out way before Griffins.