/biz/ - Business & Finance

>>53351230
i'm the bigger fool

2 /smg/s in the catlog

I got fucked today smg, and not in a good way

Is it Friday yet?

>investment firms and smart money hoarding record amounts of cash
>"this is bullish"
retards

Also:
>futures

so, no one paid attention to this when i first posted

Come on dip your tit in my drink
Stir my scotch with something that's pink

IS THE FUCKING /ES REFLECT SPY OR NOT

>>53351276
and here it is currently

>>53351289
Cup and handle my balls lmao gottem

at least i'm not holding this
https://youtu.be/SdcynQUgAOY

What are the ramifications of England's Brave Andy Murray's gutsy win for British stocks?

>>53351276
Because everyone posts TA shit takes and nobody follows up when they're wrong.

>T-Mobile

GME baggies are trading against BBBY now. I'm going all in.

new wikipedia sucks. what are the financial implications of this

>>53351257
I'm so glad I don't like this shit. Imagine being Sodom and Gomorrah and getting your fuckin rocks blown off by some fuckin meteors. Even metaphorically, I would never invest in BMBL.

are baggies finally losing it? this is the GS in my neighborhood

>>53351117
>a 68% cancellation rate is off the charts. Even during the darkest days of the 2008-era crash,the average builder cancellation rate only reached 47%.
Housing market making ATHs, bullish

>futures

>futures pumping on literally zero fucking news

i've noticed that liquor has not really been hit with inflation as much as groceries
should i switch to a liquid diet? how would this profit me, financially and perhaps spiritually?

sell it all tomorrow, and run for the hills with all the gold you can carry

>>53351313
>T-Mobile
What happened there?

>>53351407
black swan or black betty?
https://www.youtube.com/watch?v=nU1VfYYKMDk
also if you guys want a different take on the /smg/ theme check this cover out

>>53351345
see
>>53351294
not quick enough

>>53351413
spun off losing acquisition (good)
cut the divvy (BAD)
boomer no likey

>>53351430
holy fuck i'm such a retard
thought you said ATT kek

>>53351418
You know which

>>53351355
you aren't wrong, but goddamn the housing market is fake and gay

This NFLX beat is insanely bullish for oil. Just saying.

>>53351461
i just put my NFLX account on a 3 month hold, very bearish for your bags

https://www.reuters.com/markets/rates-bonds/fed-deliver-two-25-basis-point-hikes-q1-followed-by-long-pause-2023-01-20

>>53351470
That's bullish. Less netflix and chill == more driving to movie theaters.

>>53351391
takes money to buy whiskey, liquids are in high demand these days and have good dividends.

>>53351289
>>53351276
Bears hate it when anything starts to look remotely bullish

>>53351482
Anyone who says this isn't a pivot in the narrative is a full blown retard

>>53351493
I saw something bullish on Netflix. They said "Watch Avatar 1 to prepare for Avatar 2, only in theaters." What the fuck, is AMC not going out of business?

>>53351501
i've lived in seattle for 12 years and never heard anyone call it pop

>>53351461
I'd watch the fuck out of some Netflix drama about oil. No woke hippy crap, though.

>>53351289
>blocks your path

I will be shorting Pizza Hut and dying fast food chains. Heard that they have to close a bunch of places down due to inflation and lack of supplies like eggs and lettuce.

Fucking NFLX pumping 7% after hours on no news.

>https://www.youtube.com/watch?v=TJziKQL1OyQ
could've been a princess
crown out of thorns
pretty little summer dress
fabric is torn

>>53351513
I'd say watch "There will be blood", but it looks like they removed it.
Maybe short netflix and then use the profits to buy it instead.

>>53351540
Not just NFLX, everything is going full retard with pumping. Not really sure why tho.

>>53351540
You think your jimmies are rustling now?? Just wait until everyone realizes that everything isn't nearly as fucked as all the faggot bears have been saying and then everything moons

>>53351217

>>53351555
>implying it isn't actually worse
Have you listened to Biden and Harris speak?

>>53351540
So fucking stupid all this shit pumping on literally zero news.
..and then NVDA dumps. Literally not one single piece of new information and nvidia managed to tank 3% today. What the actual fuck?

>>53351545
Imagine NFLX throwing $500m at a 3 season miniseries adaptation of The Prize.

>>53351572
It's like I just remembered no news is good news, but you bring up a good point. Wtf is making this shit dump on no news?

>>53351021
hard to say because we saw an attempt to modify the narrative the last few days. people are trying to decide if bad news means bad news again after bullard's interview on wednesday and are trying to gauge (for the nth time) fed's willingness to factor new data points into a softening stance or if they're going to still play hard and stonewall with 'higher for longer' thru all of 2023. It's nice the fed governors are acknowledging easing inflation and noting they don't see a wage price spiral dynamic unfolding, it's not so nice that they're all still holding to the party line of 'let's get to 5% and hold it for a while while we see how things play out'.

there is the camp thats read bad econ prints as good for pivot and the camp that reads bad econ prints as solidifying a recession. they are neck-and-neck right now and everyone is reading hard into fed governor rhetoric to try to tip the scales. My suspicion is the bears will win on this one as most governor talks the last week could effectively be summed up as "things are definitely getting better and we're optimistic, but also we don't give a fuck and we're sticking to higher for longer bitchezzzz"

>>53351555
Keep dreaming, normally recessions bring down markets around 30%, we're only at 10% now from this past year.

>>53351596
also sorry I did that autism thing where I just retype what I said a second time in a new paragraph

>>53351540
They had earnings today AM dumbass

how the fuck are people in /smg/ this retarded and not know that NFLX reported earnings
I'm not talking about baggie trolling, I'm talking about all the people responding to him earnestly
do you really not know about earnings? jesus
>why is NVDA falling?? it's manipulation!!
>why do stocks move in tandem??
how do we have these many newfags in January 2023

I'm watching Tucker Carlson and feel bad for this Sam Bankman-fried. He made an honest mistake but I don't think he should go to jail. It's not his fault there was a rogue wave and he lost all his clients money.

I prayed God and asked him how the market would behave. An otherworldly voice told me to trust in Mankind's never ending journey to reach the unreachable. It told me to trust Mankind's ability to overcome the limits and grow stronger.
That voice sounded like wisdom incarnate. Therefore I'm buying Tech at 2x leverage.

It's that simple.

>>53351620
Literally, the absolute state of SMG that people dont even know Netflix had earnings aftermarket today. Honestly, no wonder nobody makes money on here anymore.

>>53351572
This is a stupid forced joke

>>53351600
>we're only at 10% now
Yeah you mean after it bottomed a few months ago?

>>53351609
Don't feel bad. Everyone here is autistic.

i dont know whos trolling who at this point. its just how we get our kicks is all.

.25 BPS is bullish as fuck and will send SPX to 4500 minimum.

anyone else a BOIL Bull?

>>53351659
We'll see. Earnings.

>>53351668
It's been a KOLD winter, but once spring comes I might feel the BOIL.
Tough to say when NG can rebound with team Biden pushing a permanent freeport closure so we can fuck over our closest allies in their time of need.

Natgas is going to below 3$ isn't it?

>>53351668
not until freeport is allowed to restart but I'm waiting for entry

>>53351659
>daddy Powell will save the economy and market
lmao you're in for a big surprise when they start dropping rates

We need to do something about the futures. If we don't get demand for natural gas to 0 by 2025,.. the dow Jones industrial average will fall 15,000 points.

I fucking hate earnings season, as a leveraged index trader I hate the random under or over performance of random stocks setting the mood for an entire sector for a whole day or week. I just want to focus on macro data prints and shit that actually matters for all businesses instead of trying to interpret whether some random shitco missing earnings by 20% is going to cause 500 unrelated businesses to shit the bed the next day

>>53351681
>>53351693
>>53351685
it will most likely go under 3. guess im not really a bull on it but i think itll swing.

>>53351746
There will be a moment in time where natural gas will move higher.
I say this with confidence.

I was out traveling all day today, what cause today's price action to be schizo this time?

>>53351629
Shut up pajeet
Nobody cares about the Niggerflix
Go shit in someone else's street

>>53351709
The more Biden FUDs natural gas the more Im bullish on it. you can go through life inverting the government and have the greatest life.

Options expiring soon.

>>53351558
>>53351217
WTFFFF

Can you actually survive of off humans in apocalypse mode?? it sounds oddly edible

Eating the brain as a means to "inherit the aura of your meal" is craziest thing I've ever fucking heard

>the bulgarians are shorting my roth IRA again

I would also just like to say, to all the retarded zoomer faggots who were arguing about NFLX subscribers a day or two ago
>wahhh!!! nobody watches NFLX!!
>their programming is trash!!!
>why don't people just stream things???
>nobody cares about having. NFLX subscription!!
>having a NFLX subscription isn't culturally relevant!!
>you're out of touch, you don't know what you're talking about boomer!!!
Netflix added 7.66 million paid subscribers during the fourth quarter, more than the 4.57 million Wall Street expected

>"soft landing"

Tech rotation when.

>>53351846
>russians spread disinfo about jpow having covid.
damn them, they struck again.

Scientists believe there might be small rocks that can be used to predict the future. Does anybody know where I can get some and stuff?

>>53351864
When all the trannies are finally laid off. Then I will buy some GOOG.

>>53351732
Same. Sometimes I wish there was just a separate market specifically designed for that kind of trading.

>>53351838
dont eat the brain goy, youll get Shlomo Silverstein disease. Just toss out the brain.

>>53351849
who is watching netflix thats what i want to know

>>53351846
>JP Morgan took out a credit default swap on my card
>Now they keep resetting my password so I can't login to pay it

>Wow NFLX earnings have saved the market!
No you retard - NFLX also shit the bed on earnings
>EPS: 12 cents vs 45 cents per share, according to Refinitiv.
they are only rallying due to the subscribers beat
but you all need to think about it from more of a "wow, they got more subscribers, that's bullish!!" viewpoint
you need to all fucking realize that in a recession, like one we are in, people are getting completely assraped and barely making ends meet.
look at retail spending from november / december data - people stopped going out to restaurants, stopped going out to bars, stopped going out and spending on every single thing
>department stores -6% sales in a single month, during Christmas time
nobody is able to go out anywhere and spend
is it a really surprise that when everybody is fucking broke and staying at home that they would get the most popular streaming service?
NFLX beating subscribers is unironically bearish for the rest of the economy
it's like seeing that a liquor store or fast food beat in earnings.. it's a recession

>>53351622
SBF has said a lot of dumb things but this one stood out to me (paraphrasing because I'm not going to look it up):
>My utility curve is not log-linear, it's just linear. So for me, optimal leverage is 5 times Kelly.
WHAT A RETARD. That is NOT why the Kelly criterion maximises log wealth. It's equivalent to maximising median wealth. Fractions/multiples of Kelly bets adjusts the percentile outcome which is maximised. 5x Kelly is insanely optimistic. "I'm going to maximise my wealth under the circumstance where I get top 0.000001% lucky". This simply doesn't happen and is certain to result in ruin. And look what happened.

This man has clearly never run a Monte Carlo simulation in his life.

>>53351482
The only thing I disagree on is the Fed is doing 4 more 25 bps hikes. As long as nothing breaks they will go to 5.5% and stop there

How do I get beautiful women to sit on my ugly face?

What stocks do I short for this feel?

>>53351942
over 5.1 my bond play is dead, don't wish these things.

>>53351407
why tomorrow?

>>53351668
It’s in the single digits now so no harm in starting a small position

So bank of america was fucking with people's money and now Discover is warning about huge "charge offs" happening now.

Could all of this shit be the beginning of something huge? Or will the banks just get another bailout and print another few trillion?

>>53351461
It was a colossal miss though.

>>53351849
>4.57 million Wall Street expected
To be honest, this was a comically low expectation

>boys
why were so many puts bought yesterday? like the highest in 2 years

Which company manufactures sump pumps and is publicly traded? They're going to make a killing with all the rain.

>>53351622
I think he should absolutely go to jail, but not for the 20 - 115 years the sentencing guidelines will call for. Make him do 5 honest years and be done with it. White collar crimes shouldn't mean you die in prison as an old man.

>>53351986
That's put/call ratio? Maybe it is just no one buying calls. Is overall option volume down?

>>53351969
Well if they get bailed out, we’ll certainly need to print more to do it. The FDIC insures like 10 trillion in deposits with only 125 billion of cash on hand.

>>53351969
the banks are unironically going to get fucking assraped by auto loans, of all things
banks overextended credit to people not creditworthy for auto loans during the used car / auto mania
these cars have dropped 15%+ in value in less than a year, all of these people who bought a car during covid / during peak prices are now getting fucked in their assholes, as they owe more on the car than it is worth by a huge degree
they didn't have credit, and were able to afford the car / initially due to stimulus boosts
now stimulus is out, they have no savings, at sky high interest rates (relative), they are getting laid off, and cannot afford their car anymore
we are about to see mass delinquencies / defaults on auto loans, that will fuck smaller / regional banks in their tight little assholes
not to mention the mortgage delinquencies / defaults that are looming
but cars will fall first, before the houses - and help cause the cycle that results in the houses

>>53351996
VIX isn't reacting like there's a big demand for puts either.

>>53351817
Ok poorfag

Who will be the first entry for 2023?

>>53351969
>Could all of this shit be the beginning of something huge?
We've already had a few "something huge"s come by recently and get snuffed out. Gilts, BOJ shit, crypto contagion, Credit Suisse, Evergrande, the list goes on.

Rape hikes will continue until the entire economy grinds to a halt, no sooner.

>>53352003
Short ALLY.

>>53351986
you posted this earlier - I don't know why your data is showing that, yesterday $CPCE only moved to 1.31, not 3.42 as that chart indicates
might be a bug on that chart
https://stockcharts.com/freecharts/gallery.html?$CPCE

>>53352006
The vix hasn't been worth a damn ever since they tuned how it is measured.

>>53351969
https://steemit.com/money/@pbgreenpoint/the-creature-from-jekyll-island-ch-2-the-name-of-the-game-is-bailout-by-g-edward-griffin

>>53351622
>a rogue wave of inflation caused by Democrats which takes out their biggest donor
Yeah big coincidence there. Your humor shines thru, Baggie

>>53351969
>"charge offs"
A what now?

>>53351994
His sentence should be indefinite, only being released once he achieves Diamond in LoL.

>>53351969
No. Banks are over capitalized. Just glowing niggers spreading fud

>>53352032
charge offs is when people owe money, and the person owed accepts defeat, and says
>okay, you can't pay me back the full amount of $1,000
>how about $200, and we call it even?
because the credit situation is so dogshit, that they know they can't get the full amount back, so they just take what they can get
banks are warning about this, and putting aside a record $4 billion for losses, as this type of shit is going to only escalate from here

>>53352021
news to me. did they change the put weighting?

>>53352003
Alternatively, the fact people are sleeping in their cars now qualifies them as residences. Therefore auto loans can now be extended to terms of up to 30 years.

>>53352057
Maybe I ought to dump my JPM while I can.

>>53352057
So you say banks can weather some credit defaults. Buy the bank dip then

>>53352076
>banks know more about the credit health of their customers than any other person
>they literally see the finances of the person they are lending money to
>they know their credit risk, they know how much money is going in, going out
>they see this on a mass scale
>after seeing the data, they decide to put a record $4 billion aside for credit losses
this is bullish!! as they probably put aside more for losses than is necessary!!
>this is your brain on mumu drugs

why should I not long Chinese Company "Country Garden"? it seems like they have a ton of room left to recover

>>53351996
nope chugging along as usual
>>53352006
also what i was thinking it's been strange since november
>>53352018
fucking think or swim man, thanks i forget about this site. still a very high print 2.4x the amount of calls that's way more than just spreads. these spikes normally followed by mass institutional selling. i know bear hopium but look at 8/23/22 and the resulting leg down

>>53351313
i've always followed up. my first was either earlier this week or last week, i can't remember. second post was earlier today obviously. as usual i'm late to the trade but i haven't been wrong with my TA. i seldom post because it gets ignored most of the time.

>>53351507
i've said multiple times, i'm neither a bull nor a bear. i try to trade whats currently happening. long term i'm still bearish, but obviously that doesn't mean its always going down. there will be relief rallies and this is no different.

>>53351289
We'll see if we can escape 380 crab zone. You're gonna be right if SPY closes above 400 convincingly

>>53352104
Isn't all that "room" just the Chinese property bubble? Has anyone in the government said they want to bring that bubble back?

>short sold QBTS at $10
>now at $1.50
is there anything more comfy than insider knowledge?

>we're not in a recession!
>the economy is fine!
look at pic related for fucks sake you fucking assholes, wake up
>KB Home earnings
>The [cancellation rate in the fourth quarter] spiked to 68%, up from 35% in the third quarter and up from 13% in the fourth quarter of 2021.
>For some context, a 68% cancellation rate surpasses even the darkest days of the 2008 housing crash. The average back then was about 47%.
>Nick Gerli, CEO and founder of real estate Reventure Consulting, expanded more on the KB cancelation rate crisis. He said the people walking away from their contracts could spark a massive inventory pile-up.
>1) This type of Cancellation Rate is even worse than what happened in 2008 Crash. Back then builders like DR Horton peaked at a 50% Cancel Rate. And we already blew past that in late 2022.
>2) The result is a massive pile-up of New Home Inventory. Data from Zonda shows that National Quick Move-In Inventory is now around 32,000. That's up 200% from one year ago. And up 50% from pre-pandemic, 2019 levels.
tick tock housing bubble, it is going to pop
>S O ON
>O
>O
>N
tldr; we are seeing homebuyer cancellations higher than during 2008 crisis, in the 4th quarter, when we were just beginning to see cracks, before the recession really even begun
but nothing to see here, right guys?
the economy is strong!!!111one

NEGGer bros... we were DUPED AGAIN FUCK THIS STOCK

>>53352181
home building != home buying

wwyd

>>53352198
https://www.bloomberg.com/news/articles/2023-01-19/us-housing-starts-decline-to-wrap-up-a-disappointing-year

>>53352224
yes, but the >68% number is not referring to home sales, but the sales of homes being newly-constructed. which obviously has different economic implications.

>>53352180
I wouldnt know. Maybe you can help me know what it feels like.

>>53352090
No. They put up the capital because they have to by law

>>53352247
>person puts in order for home with homebuilder
>gives money deposit
>homebuilder starts building the home
>homebuyer now cancels
>home is still being built
>homebuilder keeps deposit, but now has extra home that they will have to sell
>seeing rates of cancellations higher than during '08 is fine
>this will not have implications on the broader economy

>>53352267
let me spell it out for you
>the types of people buying NEWLY BUILT homes are often a different demographic than those buying homes that are ALREADY ON THE MARKET
>new homes are more likely to be SECOND homes
>new homes are often purchased by CORPORATIONS and not INDIVIDUALS

>>53352267
Banks not locking up..yet. is keeping the housing system a afloat. Most legacy banks don't have excessive contagion yet from mortgages. However the small prop firms who focused exclusively on originating loans to bundle into MBS get heem'd if the bond market does funny stuff.

>>53352217
>Samhallsbyggnadsbolag B

>>53352264
yes.. CECL requires them by law.. but they are still the one who decides and interprets it, and is the one who looks at the data and applies it to these categories

where are the hidden tigers?

>>53352288
Well, my name it is Sam Hall, Sam Hall.

https://www.youtube.com/watch?v=SD5HlFbPrgw

>>53351891
>made fun of klaus on biz too much
>supersmart government hackers hacked my credit card to remove limit and are using it to pay national debt off
>credit score wont stop dropping into negative infinity

>>53352289
Banks are betting heavily on loans exploding so they have a lot set aside. More than might reasonably be expected based off current conditions. PRICED IN bad future conditions. This means that banks are being under allocated generally because they are worried about not having enough reserves and having to tongue jpows anus.

>>53352181
That's actually bullish because the fed will pivot

>>53352278
this was true 10 years ago, less true now
>in 2021 43% of new home sales were to first time buyers
>corporations 3%
I don't know what you're smoking
>don't worry about cancellations higher than during '08!!
>it's just corporations!!
even if it was just corporations, which it isn't, they are only 3% of the activity, it would be still extremely bearish! lmao

>>53351482
>just 2 more weeks before they pivot guys

Well tomorrow it officially happens. My protege takes over as supervisor and I get the first weekday off in 5 years. I have the staff fully trained and I get to take a much needed break from the madness. I'm very proud of myself. I built a crew of workers up from scratch and trained my own replacement. I get things done.

>>53352331

>>53352180
>is there anything more comfy than insider knowledge?
See:
>>53351948

>>53352325
>Banks are betting heavily on loans exploding
>More than might reasonably be expected
I agree. because shit is about to get very fucking bad, and nobody realizes it (except the banks, who have the best access to this credit / economy data)

>>53352323
>Cash in reward points to buy a small country

>>53352180
Why didn't you give us a heads up?

>>53352345
You're the glue that holds the gears of America together, Rocker. Proud of you.

>>53352352
It only takes a small percentage of souring loans to kill all profit margins. Like if less than 10% of loans default it bleeds all the profits. Banks have had bangers through from the printed money letting them underwrite and expand/buyout options etc. Now we're in the lean times.

>>53352339
The state of the housing market is not indicative of the state of the economy. Real estate has been in a completely insane bubble for ten years, people were tracking how crazy it was getting in like 2015. All kinds of retards moved out of cities during the pandemic and thought it would be a great idea to build new houses with sky high lumber prices, and homebuilders jumped on the gravy train. Now it's running out of steam and home prices might fall a bit but no one is actually going to put anything on the market.

>>53352311
that move seems dramatic

I miss poemanon.

>>53352361
Thanks anon!

>>53352370
>The state of the housing market is not indicative of the state of the economy
L O L
>we've been in an insane bubble!!
>the bubble popping will not affect the economy!!
>we've been in a bubble, and it's now running out of steam!
>but don't worry about the bubble running out of steam
>when bubbles run out of steam, they don't pop
all of my wat
do you really believe the words coming out of your mouth

>>53352370
Housing can still have a liquidity crunch as people jump ship on mortgages that are now underwater. Just like the stock market low liquidity is the best for bears to feast.

>>53352379
I miss him too. I fear he may have taken a turn for the worse. He was sperging out and punching stuff in his apartment. I fear he may have struck a woman in autistic anger and is in jail.

>>53352379
Maybe you'd feel better if you made an In Memoriam donation on his behalf: https://aidsunited.org/

>>53352289
Rather be insured too much than too little. Obvious glowing narrative you are peddling

>>53352406
Oh my god I forgot he has AIDS. It finally took him...

I shan't listen to the glowers.

>>53352407
>the economy is absolute dog shit
>people are cancelling home orders at higher rates than during '08
>telling people this is being a glowie
friend - glowies do not want you to know this information
they want you to keep buying, they do not want everyone to know that the housing market is collapsing - they want people to keep spending, keep consuming, keep buying a new home
they do not want people to panic - they want everyone to think everything is fine; among many reasons why they lied about 1 million job gains, why they redefined what a recession was

>>53352386
This isn't 2008, as much as you want it to be

>>53352431
Nigger, all you are trying is spreading fud. It is not funny, not effective and mostly annoying. The market is the market, if you want to play a move, play it, stop writing essays nobody reads or those that read them just think, what a nigger, just buy puts ans stfu or go back to twitter

>>53352311
so Vix is now as good as a coin?

>>53352436
>This isn't 2008
it's literally worse, because this time, we don't get to unleash 10 years of QE to bail us out
the banks did not learn a single thing during '08, all the same over leverage, extending credit to the wrong people, bad loans - the entire banking system is dog shit and repeated the same mistakes of 2008

I need to make money and get fit so that I may one day get asian pussy

>>53352433
>>53352445

>>53352453
It's not that they didn't learn, it's that they just don't care. The banks are more powerful than the government and own them. They no that no matter what happens they will always be protected and bailed out.

>>53352453
>we don't get to unleash 10 years of QE
lol

>>53352475
Brush up on your scientific notation, kids.

>>53352445
>All you're doing is spreading FUD!
friend. we are at the very beginning of a severe recession. this will impact earnings, this will move stock prices lower. it isn't FUD.
/smg/ has a ton of dumb retail traders, who know nothing about the market, do what they're told, follow the official narrative. they will get led to their slaughter, as they will buy stocks here before we move sharply lower. I am trying to prevent that. I am trying to actively prevent catastrophic losses in /smg/
I genuinely look at it as we are all living in a village right next to a huge dam blocking the water; I have walked closely to the dam, inspected the dam, see the cracks in the dam, have talked to the dam builder and they have warned me that the dam is going to break
It is my moral obligation to go to the village and tell people that the dam is going to break, to save their lives
I understand that not every villager will believe me, some will insult me, tell me that they aren't leaving - that's fine
I can't save everyone - but I can do my best to inform people of the danger, and let them decide for themselves

>>53352485
I take solace in the fact that whatever we are going to do, the rest of the world will do worse.

>>53352486
>/smg/ has a ton of dumb retail traders, who know nothing about the market, do what they're told, follow the official narrative
Anon this is not true. /smg/ has newbies but they're in the minority. The rest are contrarians. Bears are obvious, but even the bulls here are just contrarians to the bears in the thread.

>>53352539
>for every 1 person posting there are 10+ lurking

Rumor has it we've produced a surplus of crude oil storage

>>53352556
As it turns out, moving 200 million barrels of oil out of the strategic petroleum reserve lead to 200 million barrels extra for use elsewhere.

It's literally over tomorrow isn't it bros
https://www.youtube.com/watch?v=x0tKmNndImE

>>53352556
We just need to keep freezing the refineries for, uh, 20 more weeks.

>>53352633
>It's literally over tomorrow isn't it bros
probably not, 3rd friday of the month, big settlement / expiry due to option activity / LEAPs from previous years being in january
will likely be an inside day with low volatility
probably even a little rally (until the market realizes that the NFLX earnings miss / subscriber beat is indicative of the overall economy being weaker and people staying at home watching Netflix instead of going out spending)
would be very unusual to dump tomorrow on expiry, but not unheard of

>>53352664
damn guess I'll have to wait until Monday

>>53352323

>>53352681
yeah maybe
the put / call walls will finally be gone with this expiry
wouldn't be surprised if tomorrow ends flat either

I feel like we're gonna giga pump tomorrow. Buying calls at open on SPY tomorrow, full port.

how much money do I need in order to fit in with the based and smart gamblers of /smg/?

>>53352716
Probably a couple million if you're a normal investor. If you're one of the incel bobo trolls you only need like $1k since most of them are unironically broke losers with negative net worth.

>>53352716
low six figs to start. You'll quickly hit seven figs if you're successful, and five figs if not.

>>53352664
>NFLX earnings miss / subscriber beat is indicative of the overall economy being weaker and people staying at home watching Netflix
You cannot seriously be this dumb

>futures

>>53351345
No, keep seething

Gotta change the oil in my car. Normally I take it to WMT and while they work on it I get a breakfest sub or walk around uh enjoying the view of the asses on display in the tight jeans. What? Gotta do something to pass the time don't I that don't involve me shelling out a load of green.

>futures

>>53352794
You should try and save some money in this inflationary environment.
Go check out your nearest AutoZone (ticker: AZO), buy the cheapest synthetic motor oil they've got, and refill the oil yourself.

>>53352775
>Netflix added 7.66 million paid subscribers during the fourth quarter, more than the 4.57 million Wall Street expected.
>EPS: 12 cents [actual] vs 45 cents per share [expected]
look at this picture of the breakdown in retail sales, emphasis that this was during the holiday season when people are seasonally spending more
>department stores -6.6% in a single month
>furniture -2.5%
>gas stations -4.6%
>bars -0.9%
you can literally see it in the report(s) that people are not going out and spending
people are staying at home - if everyone is staying at home, they need something to do, the most popular streaming service is that outlet, that provides them with entertainment at a low cost. 1 month subscription to netflix equals a single meal eating out or a single pair of jeans

>>53352859
>big beat in subscribers
>huge doodoo in EPS
Something's fucky here

>>53352827
I suspect this anon may control shares of that very company.

>>53352445
Calm down, I'm saving up.
It's not like my portfolio is worth anything anyway.

>>53352859
cogent

>>53352894
Excellent detective work. I recommend everyone acquire some shares before they run out.

Tomorrow my fungal research supplies arrive. In two months I will be creating the blue honey. By three months I will have a full fledged spore enhanced trade journal.

Does anyone have any information on binance and CZ and ties to the CCP? Is it controlled opposition?
Is it related to crypto OTC and sha zhu pan 杀猪盘

These OTC crypto scam girls DO NOT want to talk about cz or binance and OTC
They start speaking mandarin at that point because they know you know it’s a scam

>>53352859
I don’t think Americans sign up for Netflix these days, I imagine the few that still do are a very isolated minority of pedos that know they would get their asses beat if they admitted it publicly.

hopefully shtf on Monday not tomorrow

>>53352794
You own the gayest shit and have the most boring posts.

>>53352963
from the last quarter to now
>united states / canada paid memberships
73.39M --> 74.30M
>europe / middle east / africa
73.53M --> 76.73M
>latin america
39.94M --> 41.70M
>asia pacific
36.23M --> 38.02M
however, if you look at the average revenue per membership it dropped in each region
see
>>53351849 /smg/ and /pol/ tourists are extremely out of touch with how much 'goyslop' media content the average normie consumes and how many people are subscribed to NFLX

>>53352995
I appreciate his presence in these threads.

>>53353027
>pic related

all indices are setting up pretty similar to this.

30 day MA converging on 200 MA
long term bearish resistance converging on shorter term bullish support

market needs to decide what it wants to do before 3 weeks

How many of my capital gains tax dollars go to spamming /k/ with pro-Biden propaganda?

>>53352383
I haven't told my therapist about you yet

>>53353043
MACD looking bullish enough to push it over the top and then I think algo buying will kick in, but I guess we'll see

>>53353084
look at literally any economic indicator to see why you're wrong

>>53353111
checked

>>53353047
More than 0.

>>53352345
you're still a slimy jew

>>53353111
>Muh macro
Midwit nonsense, news and macro are irrelevant. The only thing that matters is the chart and TA, anyone who says newses matter are midwit.

Damn did any other anons see Cramer mad money tonight? Just watched the dvr and Cramer was literally coked out of his fucking mind, he was all over the place talking gibberish, smacking buttons, acting like he was 40 yrs old again, kept wiping his nose drip and sniffling.... It was a sight to see, I watch him for the entertainment value but this fucker was acting he just snorted a 8ball 30 seconds before they started recording.

>>53352633
very kino

natural gas is hitting new lows right now. sure am glad i didnt buy any before close, ha ha.

>>53353155
me too, we are both gonna make it

>>53353111
That's interesting, everywhere I look except /smg/ and doomer mainstream media seems to indicate that inflation has peaked and everything is better off than people thought

>>53353165
Only /smg/ can see into the mind of the Jerome though

>>53353155
Hahaha yeah, thanks for buying brother. I'm looking to buy in on the reversal.
It is going to reverse.... right?
pic rel my fav source of NATTY GAS

>>53353192
imagine the smell

>>53353192
thank you sir

>>53352453
If we get 10% unemployment like Volcker, this will be as bad as 2008. If we don’t get 10% unemployment, this will just be a repeat of 2000

>>53353192
buying? i said I DIDNT buy ha ha. that would have been stupid ha ha, I wouldnt just buy 60k worth of boil before a reversal ha ha

>>53353192
that's a man

>>53353165
Inflation was 2022, you’re looking in the rear view, the consoomers are finally tighttheir belts and now earning are taking a hit. The fed still matters since they’re going to keep the FFR elevated for most of 2023, The recession is coming and it’s going to BTFO of pivot fag coppers which is where the rubber meets the road.

>>53353147
sounds like he's on meds lol. he's also shilling the worst shit possible at the top
he says sell tech, buy merk and boeing. I like doing the exact opposite here

>>53353192
The best redeeming value Alexis had was that she refused to fuck joggers, ever....

>>53353253
Okay so what do you think this recession is going to look like?

>>53353232
You're a man

>>53353254
He was shilling CRM 2 months ago at $160 before it went down to 128

>>53353306
like we'll need negative nominal rates to keep the ponzi going

>>53353138
Don't badmouth him. Dude managed to run over a wendigo.

>>53353378
>Dude managed to run over a wendigo

KEK

Michigan chads, show yourself in this general and declare your superiority.

https://music.youtube.com/watch?v=PH0K6ojmGZA&feature=share

URANIUM

>>53353440
Only chuds pay state income tax

>>53353440
ok detroit calm down before anyone gets hurt lmao

>>53353440
GAYYYYYY

Natural gas, more like free gas amirite bros

What is going on with NINE? 5x'd since last October, liabilities higher than assets, selling 13% coupon bonds to pay off previous liabilities. Something is fishy here.

>>53351948
Bump

It's highly amusing seeing all these crypto "businesses" immediately go out of business at the slightest change.

>>53353487
I fell for the coal meme and have been crabbing for six months.

I'm not saying short (breaks my heart R.I.P childhood) Burger King (QSR) at the right moment (zoom out),
But you should probably short Burger King at the right moment

Natural gas is making you think youre buying the dip then it dips again, and again, and again, and again, and again and again and

>>53353589
i've been buying the BOIL dip since $30
God help me

>>53353557
100x leverage is not a sustainable business model lol
Who knew

>>53353599
AHAHAHAHAHA YOURE FUCKED

>>53353589
did none of you get the memo that freeport is closed until feb?

When I see ccp it’s on sight

>>53353480
I miss you bb....

>>53353480
>>53353642
I've said this before but this is NOT. I repeat. NOT a gay dating website. Fuck off you sick perverts. God hates fags!

There's nothing wrong with being a bear. You have no obligation, moral or otherwise, to be a bull.

>>53353599
what made you think that was a good idea?

>>53353636
That was FUD. Reuters were just hypothesizing. Saying that now, knowing reuters is an NWO apparatus makes me even more certain they are trying to suppress the price to get as many people out, load up, and then blow it up sky high. Something aint right surrounding nat gas.

>>53353661
Sad as that looks, at least it's outperforming SOXL over the last year.

Hey guys, I got let go of in the great triple-decker of lay-offs that happened to big tech yesterday.

Seeing that I can’t afford rent anymore, how much do you guys think I can charge people for my bussy? $5 a hit? $20? $1?

>>53353666
What if it never opens back up

>>53353681
i thought they only laid off HR workers

>>53353589
>>53353599
Dumbfucks... Learn to read weather reports and reserves. You’re gambling on a 90 day commodity when where I live it was 60 fucking degrees today futures in the middle of January gambling on March/April futures and your using 3xLETF’s and wondering why the prices are going down,,,,

HAARP and weather manipulation is a real thing, where I live it was 20 degrees in October and 2 weeks* before the election it was 70 fucking degrees before the 2022 elections in November, and within 4 days after the election the temps plummeted to 30 degrees. If these fuckers can control weather the they're doing it right in front of you. These NWO/globohomo fags are messing with God’ creation and telling you it’s climate change.

I’m just happy my gas bill is goingto be back to onlar with 2020 where I was paying $750 a month for natty gas in 2020 in weimerica and last month I was billed for November 2022 my natgas bill went from $275 to $790 yoy in America

>>53353690
some autist was counting the number of vehicles in the parking lot using binoculars. according to the numbers there is more people there lately. the gov. would be the only thing to stop freeport. US is number 1 seller of nat gas to europe now so idk why they wouldnt want it open.

>>53353705
weather doesnt mean shit. it was freezing cold in december and boil was hitting new lows.

>>53353705
You think they manipulate weather to get votes. How the fuck would that work even if they really could manipulate weather? Would it get democrat or would it get republican votes? There's no clear advantage either way.

>>53353720
What are reserves and mild winter revisions do the price of nat gas? The gas you paid for in December was the price from late September/early October2022

>>53353736
ccp fags manipulate weather for beijing olympics
Cloud seeding faggotry
Also nikola tesla oscillator earth quake device

>>53353681
Why don't you ask the fat handed janitor for a handout. I heard he is making big bucks now. Getting paid for stock advice via paypal.

>>53353736
China and Russia literally have bureaus of weather modification. It's relatively easy to force moisture out of the atmosphere via cloud seeding to make the climate neither wetter or drier, depending on where you dump the moisture.

>>53353759
*either

>>53353700
10,000 employees per company.
impacted:
>amazon
>microsoft
>salesforce
>goldman sachs
>capital one
it’s a goddam bloodbath out there, niqqa

>>53353766
At least its not a recession.

>>53353766
They're going to get me soon, RIP.

>>53353766
Glad I laid myself off before they could get rid of me.

>>53353589
>>53353599
Literally everyone with a brain have telling you not to gamble on Natgas

>>53351482
Kek this is starting to feel like they believe stocks will drop but want to slow it to screw retail by making it a slow move to bait option buyers

>>53353766
It's not enough.

>>53352195
Its owned by Chinese now. Biggest turn off also iirc how are they not profitable and what are they losing money on?

>>53353823
Based.

>>53352311
I dont understand this

>>53352355
That glass is half full right there I tell ya wut.

>>53353786
Heh

>>53353786
ha
I love those articles coming out saying “oh hey, we might have a recession coming up”

it’s really telling of not just how retarded their readers are but also how retarded their journalists are

>>53353766
Just imagine how many more employees will get laid off or fired even. I can see AMZN going back to pre-covid with 800k less, possible even less workers if it all keeps going up shit creek without a paddle kek.

>>53353823
>>53353830
I think all that's left is to liquidate real estate.

>>53352311
red line tends to peak a few months before the bottom. red line going up while purple goes down is also associated with large downturns.

>>53353823
based
I completely agree tho

>>53353681
Are you furreal?

>>53351948
Bump

>>53353889
I’d actually like that a lot kek
send all those indians back home

New thread:
>>53354004
>>53354004
>>53354004

>>53352090
I recently applied for a home loan pre-approval with my bank, they requested I email them the transaction statements from my accounts.

The left hand doesn't know what the right is doing in a big bank.

>>53353583
why?

>>53351391
>i've noticed that liquor has not really been hit with inflation as much as groceries
very very wrong. prices on products that literally never expire don't adhere to the same conditions. trust me. a quarter cent rise in whisky is a quarter cent ryes in whisky.