/biz/ - Business & Finance

Your lazy bakes are causing this financial crisis.

>>54021786
Shit thread already

im a player, i throw up a lot
https://www.youtube.com/watch?v=J5K1VAO7oVI

I bought

>>54021786
We have a much worse hairline.

Also, AI threads are so fucking dull

>>54021817
This is going to be the worst smg ever at this rate…

>>54021786
That's probably very accurate honestly

>>54021837

>>54021710
How do I short and know that I will profit from it?

>placed a $25 september 23rd call for DKNG today
>already printing $$

Oh was today bad for you guys?

>5.3 1y CDs
Sooo what's the point of dividend stocks now? Should I buy a sixer and play MW2 until I forget about my losses?

>>54021837

Edition with links

>>54021833
>>54021833
>>54021833

>>54021826
Puts?

>>54021841
You got the webm of the guy sniffing the seat after the red head walks off?

>>54021786
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

What is the comfiest ETF that I can keep my cash in while patiently awaiting for housing prices to crater?

>>54021918
BOIL

>>54021918
REK
SRS
DRV

>Bonds are shit
>Real estate is shit
>Stocks are shit
>Cash is shit
>PMs are shit
>Crypto is shit
What do you even do

>>54021905
he's picking up a bottle from under the chair

>>54021963
Yeah right so was I

>>54021956
There are these things called inverse ETFs. They let you profit off shit.

It's like being a lion, stalking, chasing, and tearing out the throat of the weakest gazelle on the savanna.

life is a thrill when your skill is developed
if you aint got a skill or trade, then shut the hell up
https://www.youtube.com/watch?v=vG5La6k6eTI

>>54021811
hahahahah

>>54021908
You would probably want a bankroll that you could double 20 times. 2^20 = 1 in 1,048,576 to bust

All this casino talk is retarded anyways. Do it with SPY shares and worst case scenario you just baghold until any fucking rally and then you are green

>>54021956

>SVB is extinction level event for tech start ups if they dont get money to fix it soon
>y combinator president
Kek we are going into a big one boys.

>>54022074
I'm sure the diligent Federal workers at the FDIC are burning the midnight oil to shore up functioning at SVB. I mean, the Bank of Santa Clara.

>>54021963
oh now its a bottle, before it was he was tying his shoelaces

Jerry from Y-combobreaker is on cnbc talking about an extinction level event.

Welp…it’s been good knowing you, money.

>>54022105
>we are going ext-ACK

Was anybody actually in charge of getting shit done at SVB or was it just divershitty all the way down?

>>54022105
How bad is it? 2020 Ackman crocodile tears bad?

>>54021963
No you weren't stop lying

>>54022105
>>54022169
I was concerned until he started in on national security threat too. Now its definitely him selling it too hard. He just wants the fed to bail out his investments. A micro start up isnt a national security threat.

>>54022105
>THESE ARE BLACK SWAN EVENTS

>>54021786
Adam Friedland?

>>54022105
link me that shit, I can't find it

>>54022001
The other problem is that win rate is not 50/50 and is not value bounded in either direction.
Another problem is that to ensure you don't lose 16 times in a row, you need at least x * 2^16 = 65536*x with x the entry cost. Your average win will be what, 1/2x? So if you're putting $10 down, you have to prepare over 650k to survive a 16 move downturn and yet you make, on average, $5 per play, which really only applies in the limit of infinite time.

>>54022186
What a faggot

>>54022227
It was live, and I’m sure they’ll have it on their YouTube channel soon. But one of two things are happening:

1
>He’s full of shit and creating a buying opportunity for himself and his businesses

2
>A corporation that will not be made but has alphabetical letters in it who did not release their LLMs to the public probably have a black box strong ANI or proto-AGI that is directing them how to destroy all start up tech companies to keep the balance of the big dogs and eventually cement their own dominance in tech

However, I think Gerry is full of shit. Like another anon said, he was selling that shit too hard. There was no crying, but Jary said some weird hyperbolic shit that even had the bear in me going “C’mon dude.”

>>54022372
I meant “will not be named” in option 2. Option 2 would make sense if we were in 2027. I don’t think that shit is remotely possible now. If it is, I just got Roko’d and I apologize for my sins.

But honestly, I think that was the most full of shit, chicken little interview. The sky is cracked, but I don’t think it’s falling.

When will stocks bottom?
When to buy?
Is honda and Microsoft good picks?

They do realize even if the Fed Pivots it won't save other banks from collapse nor will it bring an end to QT. The Big Jews could give a shit less if they collapse the whole system to save their global currency. People do realize Leahman Brothers was the 5th biggest bank on Wall Street in 08 and the Fed let them collapse.

>>54023643
Feds can't do the same play as in 08 because they didn't stop the play since then. Also people remember 08 now. They will act and they'll act fast. If they don't shore up confidence in the banking system, there will be a national bankrun.
Reminder:we are at 0% reserve requirement.

you bought puts right anon?

bABY'S fIRST bANK rUN eDITION

>Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain
https://www.youtube.com/watch?v=qJpo4YHyad0 [Embed]

>Financial TV Streams:
https://watchnewslive.tv/watch-cnbc-live-stream-free-24-7/
http://www.livenewson.com/american/bloomberg-television-business.html
https://watchnewslive.tv/watch-fox-business-network-fbn-free-24-7/

>Charts:
https://www.tradingview.com
https://www.finscreener.com
https://www.koyfin.com/
https://www.portfoliovisualizer.com

>Screeners:
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Options
https://www.optionsplaybook.com/options-introduction/
https://www.optionsprofitcalculator.com
https://optionstrat.com/
https://www.optionistics.com/quotes/option-prices

>Pre-Market and Live data:
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/

>Calendars
https://www.marketwatch.com/economy-politics/calendar
https://www.earningswhispers.com/calendar
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

>Boomer Investing 101:
https://www.bogleheads.org/wiki/Getting_started

>Misc:
https://tradingeconomics.com/
https://finance.yahoo.com/trending-tickers
https://market24hclock.com/
https://wallmine.com/
https://fintel.io/
https://www.dividendchannel.com/drip-returns-calculator
https://brokerchooser.com/
https://www.chathamfinancial.com/technology/us-market-rates

Previous >>54021833

>>54023631
Microsoft is probably a pretty decent long term hold. No one knows when the markets will bottom. You can buy a little of it at any time and just keep adding to your holdings over the long term. If you learn to follow the curve charts you might pick up on times to add into it on relative dips rather than relative peaks. If you learn to watch the daily levels of the S&P 500 you might can get some sense of when you want to enter and buy some VOO which is an ETF that scales to the entire S&P 500, then just keep adding to it just like I said about Microsoft. Use brokerage research tools to look at the details of stocks you are interested in and see what senses you might get of them. You might find some that you like even better. This is all almost pure gambling, but good research can increase your odds of, but never guarantee, success.

WHY THE FUCK IS CLOUDFLARE DUMPING AAAAAAAAAAAA

Reminder that we're 1 year ahead of schedule

>>54021811
Tell me this pic isn't real. Is it from today?

>>54024090
All SaaS platforms are at risk >>54023495

Also I expect startups / software companies to start saving on everything they can, including security. This could result in increase of hacked platform / websites. I would avoid IT stocks at all cost currently.

>>54024165
fucking lagging indicators amirite

Anyone know why SCHW is eating shit more than other financials?

I am tired of the markets trying to fuck with me almost specifically. I am only in six figure hell. Scalp a fucking bank.

>>54024090
interest rate adjustments and froth in tech puts their income stream significantly at risk.

>>54024090
>Bunch of firms banked with svb
>svb goes under
>their cash reserves get yoinked

>>54024275
It was overvalued going into this.

>>54024278
oh wait, I forgot those aren't solvent anymore

im literally never going to recover from these last 2 days

>>54021944
How is this chart supposed to make me feel

>>54024165
>Weapons of mass destruction

>>54021786
I really hope we go minus 20 percent next week

>>54023719
fed can do the nuclear option and just do emergency bond buying like the BOE did. They don't want to since their balance sheet will go to the fucking sky and end up making the year of QT for naught.

>>54021944
I feel bad for anon who expected it to bounce back. He had good run so far. Hopefully he didn't overleverage.

>>54023719
they have lots of room in the discount window now, after their rate hikes

>>54024150
if by JPM collar bro, do you mean the guy who originally posted the new collar trade they put on for the quarter, way back Jan 3
>>53118805
yes I am here

Yes, henlo, I would like to put in a 100% refund request with my female (male) broker at SVB. Yes, i can hold for a bit I guess...........

will roku die? 26% of its free cash is stuck in svb.

>>54023631
Don't pick stocks. Just dca into vt (vanguard etf) every paycheck (after the market stops crashing - that will be soon, but not immediately, after the fed starts rate cuts - until then sit in t bills/high interest savings).

Best stocks,etfs for next 40 years?

>>54024452
What is this pepe holding?

>green today
>green this week
>green this month
>green this year

How many people other than me actually make money in this shithhole?

>>54024275
"shit they bought think or swim am i fucked?" all i was pondering today.

Why can't powell just bail them out? Can anyone explain?

>>54024454
they've live, that 26% is 4.2% of their market cap. they'll be wounded, but in the end, they'll get their 70 cents on the dollar.

>>54024275
There was an allegedly overblown scare over a rumored/potential 8.5 million shares institutional block selloff. Price targets remain reasonably nice.

WOW another nothingvergrande or nothingUKpensions

>>54024496
they would be allowed to, but they've barely had time to digest the situation. give them at least the weekend.

alright copium dealers
can anyone come up with a case where this is bullish for Nasdaq?

>>54024467
Doesn't VOO outperform VTI?

>>54024531
nothing ever happens

Who made the worst trade today? It's ok, you can tell us. You're with friends.

>>54024496
Bail outs are the cause of all this.

>>54024531
bank strain due to elevated interest rates will force the fed to slow down or stop rate hikes

>>54024496
Because Powell loves to see the woke go broke but he is now in the silence period before the FOMC so cannot laugh out loud.

>>54024531
Biden decides that USA tech should be financed directly by Fed and gives Powel green light to pump $50t into tech companies. Don't screencap this

>we did not reach December lows
>or january lows
>or november lows
>or october lows
This is a nothingburger unless SPX breaks below 3500 yawn

>>54024354
Why do you feel bad for me? I'm BOIL anon and all my covered calls expired worthless today. My average is like ~5.5 I'm too lazy to go and look and all the premiums from selling puts/covered calls. Might get assigned another 400 shares on 3/24 at 5.5

>>54024550
I meant to buy a share of GD, but accidentally selected "sell" instead of "buy" and sold one share at a loss.

>>54024580
cool

Fed emergency meeting on Monday.
I think my shorts are gonna get heemed

>>54024580
Where did you learn hedging strategies btw? Sounds like knowledge that lots of us here could use.

>>54024550
DCA'd today at near market open before bank shit hit the fan, already down a bunch.

So from what I've been reading online, if they don't have some type of resolution for this bank mess before market open on Monday, they are in deep shit

>>54024435
see
>>54024067
prediction for tuesday? i bank with them and i smell muh squeeze on evem .1 under hot

>>54024568
nancy also set quite a bit of money on fire buying shit like mu

>>54024532
It did in the insanely anomalous monetary conditions of 2010-2019. But not 2000-2009 or 2020- so far.

>>54024632
She must keep pretense that she is not actually insider trading.

>>54024621

Trial and error desu. Screenshot rule kinda fucked me today but bagging steady profits is key

What are the logistics of a bank that was worth over $700/share becoming intrinsically worthless in less than a year?

>>54024569
You were saying 4000 earlier this week faggot

>>54024659
Hmm ok. I guess having very good understanding of options is a good start, since you don't want to zero-out your portfolio due to errors made during learnings process.

>>54021786
I look exactly liks this irl

>>54024661
Judaism

There is a distinct lack of Bobo posting given recent news.
I am not sure what this means, but i am sure that it's significance is profound.

>>54024659
small or large capital is nothing, it's all about the percentage return. i'm proud of you anon unless this isn't all spy options.

>>54024661
There is always some light even in the darkness. While many will suffer & maybe die, at least a few bagholders will learn their lesson finally & become chad traders thus ascending into the realm of infinite profits.

>>54024663
no, I'm on the opinion that we will permacrab between 4200 and 3800 for months each time it goes higher retards wil think it is a bull run and get fucked each time it goes lower bears will think it is their time and get fucked

>>54024661
interest rates went down, then back up

>>54024590
>>54024624
I mean come on guys no 0DTE options? These are rookie numbers, you gotta pump those numbers up.

When are you going to start buying calls

>>54024779
SOON.

>>54024720
The price of my calls was increasing even though the stock was at the same price earlier in the day. I guess that's because the VIX was rising. Price of contracts was going up.

I don't know if it makes my calls more likely to print, but it certainly means something.

Please tell me this week was the worst of it. I don't want another year of this bear crab. Things were looking up in february...next week HAS to be better right?

>>54024732
I never have more than like 20% of my portfolio in options. YANG calls and RBLX puts did fucking work this week for me despite BOIL shares just eating shit.

Has a thesis. Time entries. Swing trade. Realize gains. Buy and hold during QT/rate hikes is fucking dumb. 3750 I'll start averaging into QLD

>>54024644
Ah, that's well worth my noting, much appreciated.

>>54024630
Theres a far ranging liquidity crisis that could happen. I wouldn't say its super likely unless there is someone trying to trigger it specifically.

>>54024779
On 3/17 the big big opex

>>54024803
it does mean your calls are more likely to print, hence the price rising

don't be fooled by "fake" prices though, look at the bids and asks and make sure it's not rising because Bob is buying 2 @ 0.01 and Alice is selling 5 @ 400.00

>>54024803
check the IV of the contract when you bought it compared to later on in the day. the IV premium went up

>>54024621
>Where did you learn hedging strategies btw?
Covered calls are not a hedge, and martingale is not a serious strategy.
Be careful taking advice from strangers, including me.

>>54024829
This guy fucks.

>>54024779
I can see dead cat bounce next week

> I timed the top perfectly and sold
Thanks retailbros. I will remain in cash for a few months while this whole "total economic disaster" thing passes.

>>54024867
More like FED PHOENIX RISING> HOPIUM + 1000%

>>54024860
I'm just trying to expand my horizons you know. It never hurts to gain more knowledge. I hope you succeed even tho you are not using "serious strategies" as you called them.

>>54024470
Only long term holds I've kept are telecoms and some metal ore royalty corps. Metal and internet will be consumed regardless of economic conditions.

>>54024901
telecoms carry lots of interest rate risk, though

>>54024818
i sold my yang calls thursday morning only have commons now desu

>>54024882
I sold my KOF for a nice 10% gain at $77.5 this week. Feels good when timing works..

>>54024867
There is literally no way the market rebounds next week. What we saw today was the gaslighting wearing off and the chinks in the armor starting to show. Normalfag are starting to realize that the government isn't going to save them from eating their pets and drinking their own urine when the US defaults and the markets collapses.

>>54021786
way to miss the point of that movie
I'm convinced zoomers can't think outside of spewing meme buzzword

>>54024860
Covered calls are a hedge and martingale works. This guy is fucking stupid but I agree be careful taking advice around here

We are drilling to the core on Monday kek

>>54022087
Bank of Santa

>>54024835
>>54024841
Nice thanks.

>>54024965
Hey faggot we don't go down in a straight line. faggot. sir. dear kind. faggot sir .

>>54025005
Arent' 100% of accounts insured up to 250k?

>>54025005
I'm about to start jacking off.

>>54024900
That's fine, but if you're looking to learn hedging strategies it'd be better to ask someone who hedges.
A covered call is functionally equivalent to a short put. There is zero downside protection. In fact, you're the one selling the downside protection.

You can make money selling puts against a declining asset as long as the premiums exceed the rate of decline, but the risk you're taking is that the decline accelerates. It's not a hedge.

>>54024822
I just double checked. Voo actually did out perform vt slightly since 2020 (so far and it's not looking good for voo - though not 2000-2009). I was looking at vwrl (European version), which is affected by interest rates. Voo is in vt, so it's up to you. But higher for longer will make this a very different decade.

>>54021786
>Literally me

>>54025033
I'm guessing the Silicon bank plays by different rules

>>54024995
What DIPS do you think BNF would be buying right now??

>>54024818
Why QLD over TQQQ? What do you think 3/16 will do for our BOIL?

>>54025033
250k is getting pissed on money at the zog bank. none of the employees of these companies are getting paid

>>54025033
lmao, no

a bank can just not be insured at all.

>>54025033
The average deposit is a bit more than 250k.
And by a bit, I mean a few order of magnitudes.

>>54025033
she's probably referring to a deposits/depositors number, so if you multiply 250K times however many depositors you only get 2.7% of total deposits on the books.

>>54025005
>>54025033
>>54025044
>>54025079
>>54025081
couldn't i just tell the bank my FTT tokens are the same value? Me and the C.F.O went to the same university anyway.

>>54025079
SVB was FDIC-insured, which is one of the reasons it's a big deal. Non-FDIC-insured banks go down all the time, FDIC-insured ones are much rarer.

>>54025079
Wrong. As a Bankster i know it It is law Every bank must be FDIC insured in the USA. First step to creating a bank rn is to get FDIC insured. googlee it

>>54025049
>Voo is in vt
Sure, but in some sense VOO is made up of selective relative race horces, to some extent. When I looked into it, which wasn't a close and careful look, I'd just noticed that on the charts VOO tended to yield slightly higher most times.

>>54025056
It's funny how there are certain businesses who only engage with the rich. They must've known this for months. The higher ups must have known for the longest that they were way underwater.

How many other banks know that? Behind the scenes?

>>54024965
It doesn't have to pump all week, we can crab mostly and have 1 greenish day you'll see bulls jizzing themselves

I did +850% this week. I don't know why food truck girl poster gets to fill these threads with goyslop while I get b& all the time.

>>54025046
Selling covered calls is a risk free hedge. Buying puts can be a 100% loss.

>>54025117
CEO sold 3.5m stocks or something like that a few days ago lol

>>54021956
Explain how PMs are Shit? right now they are perfect

>>54025128
Post proof, you know the rules baggot

>>54025114
Investopedia says not all institutions are insured by the FDIC

>>54025062
Supposed to be the coldest weekend all year/first snow where I live. Hoping for a BOIL rally next week. Freeport exports are gonna keep ramping up. I'm comfy holding BOIL indefinitely even if it's a bag till a hurricane or whatever

>>54025062
2x is plenty of leverage and I'll hold it indefinitely if I have to and average down. 3x can/will delist in a black swan

>>54025141
He hired someone who bought bonds with a 1.5% yield with inflation over 8%. It's like he hired someone who purchased a bond that had negative yield. Why the fuck would anyone buy that shit?!?

>>54025128
you've never been b& and i have proof

>>54025189
Yeah we got basically no snow for 43 months then and ice storm that decimated the state and a blizzard immediately after. The weather has been real fake and gay

>>54025190
He should have hired the salesman who sold those bonds. That guy is the real Chad mvp.

>>54025189
TQQQ can't delist because breakers exist, noob. BOIL can delist because it doesn't have this protection, though.

I haven't been on /smg/ for a year or so and I reformatted my HDD recently. Give me your best /smg/ memes

>>54025046
I'm confused, I though selling a call means that you lose money only if share price goes above strike price right? I think I need to read on basics more to understand it all fully. Don't want to bother you though, plenty of materials available there to learn it. I simply avoided options so far since I'm an inexperienced trader.

>>54024483
I made money this week

>>54025001
>martingale works
until it doesn't. Anyone who martingaled into SIVB these past two years just got liquidated. Anyone who sold puts against SIVB this past month is now liquidated.
Sometimes black swans happen.

If you want to compound long term you need tail protection.

I'm sure you'll counter by saying BOIL is not a stock. Fine, but check out UGAZ. Check out UWT. Check out VMIN or XIV or SVXY. ETFs can blow up too, particularly when the ETF/ETN is really just tracking a single product.

>>54025023
Damn, what if the Nasdaq gets a death cross on the 200WMA? It looks close.

>>54025168
Right now they might be fine but they got heemed during inflation despite being a hedge against it
I guess we'll see

>>54025033
Say you keep 1 million dollars at Baggie Federal. 1 days Baggie Federal collapses due to "unforeseen" occurrences. You don't get your $1 million back you get $250,000 netting a 75% lose.

Now the FDIC might make a "plan" to get all your money back but there is no gurantee they will meaning while they are thinking lol of a plan you are sitting at a $750,000 lose. Now say you had $10 million at Baggie Federal. You lost $9.75 million leaving you with only $250,000.

See how this can be a problem how is the FDIC supposed to figure out how to get that money back to both people. Now extrapolate that to 97.3% of all customers. Numbering in the hundreds.

>>54025086
Well if that's the case, then RIP.

>>54025115
Yeah, there's nothing wrong with voo. It's just whether you think America or row will do shitter this decade. To me America looks like a failing empire with it's zogmax government led by a senile old puppet and pajeet ceos. I love the real America though and want it to do well. Never bet against it, right?

>>54025168
Zoom out, way out.

>>54025223
cha cha real smoove

>>54025182
Thats true not all Institutions are insured by FDIC but all banks are. Institutions could be literally anything that holds your money. credit unions are not insured by the FDIC

>>54025275
You can not
Gold first being freed in the Nixon Shock

>>54025189
Yeah, I'm in the SE too and it's going to get a little chilly coming up. Next storage pull report is Thurs but I don't know if the actual weather effect will be in time to fully reflect in that one.

>>54025005

Realistically, there will be some kind of special provision or insurance plan to save these deposits. They do not want to see contagion or panic as a result.

https://www.youtube.com/watch?v=vU1g7ZUQkWI

But this business just goes to show the point I've been saying for a bit: this pace of hikes and level, with the amount of debt in the system, is way overdoing it. Fed funds does NOT need to hit CPI to crush inflation and the economy as a whole when debt (public and private) is this high. And if that weren't enough, they are also embarking on the most aggressive M2 withdrawal since the great depression, the effects of which are almost by definition deflationary. If this continues you WILL see negative YOY CPI prints, hard as it may be to believe.

They're overdoing it, and now we're starting to collide with reality, which is that these level of rates and QT is not sustainable. I'm not sure about stocks, maybe they rally cause they think the rate hike hell is over, maybe if bonds rally they pull stocks up. IDK.

I do know that the short-end treasuries is lookin real fucking good rn.

>>54025223
Who can forget the CLFtranny saga?

>>54025256
I really hate the fact that I'm working in IT right now. I should've went into carpentry.

>>54025275
The Bank of North Dakota is not FDIC insured.

>>54025237
kick ass, blessed.

>>54025317
please I wanted memes not horrible painful memories

>>54025252
That JP morgan has been paying Billions in fines for Manipulating the Spot price of Gold but especially Silver these past couple years (There one of the banks that have FED stocks)

>>54025237
Rookie numbers.

>>54021786
https://www.youtube.com/watch?v=W4XiSFyYRE8

>>54025263
>>54025297
>You can not
>Gold first being freed in the Nixon Shock

>>54025317
how about good ones?

>>54025352
Not my fault I don't monkey in. Been taking profits and putting them into SJIM

Just ordered one share of JPmorgan. Jamie dimon works for me now.

>>54025005
Oh shidd

>>54025389
Should be buying sky kings like the anime posters are telling you. You want 100 baggers right?

>>54025331
I am Genuinely Shocked

>>54025306
well said

>>54024275
https://www.thinkadvisor.com/2023/03/08/schwab-nyse-and-citadel-unite-against-sec-market-rules-revamp/

>>54025262
The pajeet CEOs has really been a demoralizer, but I trust our tribal masters to know what they are doing in squeezing the most juice. They are obviously working on creating a slave state and phasing out the livestock that is too "high maintenance", salary and lifestyle expectation wise.

>>54025218
TQQQ would definitely delist in a giga heem scenario. It's very unlikely. Shit like SOXL and FNGU would delist way before TQQQ though. BOIL hypothetically could but I think it's far more likely TQQQ would delist desu

>>54025247
Martingale etfs or commodities. I've said it a billion fucking times. Obviously if you martingale some shitcoin you can get heemed. Just replace the word martingale with dollar cost average if you are a hysterical little bitch retard

>>54025415
what the fuck is sky kings

>>54025385
There are no good sagas in /smg/

I wonder if $2m reperations are still on the table in the light of the latest events.

>>54021786
F

>>54024323
Leverage + volatility + contango/negative roll yield. Some LETFs are like TQQQ, others like TVIX. BOIL is the latter.

>>54025420
Why are you shocked? ND is where you bring people to murder them and then flee the country to China via Canada.

>>54025115
>>54025262
Basically if you aren't super bullish on Murrica you buy VT. If you believe that Murrica will recover you buy VOO and/or VTI.

If you are a SICK FREAK you buy all 3 knowing full well you are overlapping but could give a shit less.

>>54025306
Silicon valley is dead. No one is going to buy or support "Tech Start Ups" after this shit.

On a side note.
Here is a nice piece from the Great Depression.
>Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression, you're right. We did it. We're very sorry. But thanks to you, we won't do it again.—Ben S. Bernanke
>The Federal Reserve allowed some large public bank failures – particularly that of the New York Bank of United States – which produced panic and widespread runs on local banks, and the Federal Reserve sat idly by while banks collapsed.

>>54025224
>>54025132
As I said earlier, it's best to read up yourself and make sure you really understand these concepts. Here's an article that explains it:
https://www.borntosell.com/covered-call-blog/naked-put

I can summarize:
>covered call receives premium in exchange for capped upside on their shares, while taking on full downside risk
>short put collects a premium in exchange for capped upside being the value of that premium, while taking on full downside risk
They are the same - with a few exceptions like dividends vs cash balance interest as that article details.

Neither is a hedge.

>>54025485
did he lose it all?

>>54025483
Wew

>>54025306
Actual deflation and 5% funds rate are not a recipe for a stock market rally.

I'm buying 2Y treasuries.

>>54025456
>Obviously if you martingale some shitcoin
Those were all ETFs. Keyword: were

The traders holding those positions got liquidated.

>>54025485
idk it's all pretty magical

>>54025519
gambling spy of all things

It was funny watching the market rally a bit before the close, and seeing QQQ up 25 points in after hours. Bulls are falling for another trap.

>>54025449
At least you don't have a (unelected) pajeet prime minister. Thank god our head of state is hereditary.

>>54021786
Yesterday around 1.15 I felt the urge to sell everything. But I'm always trying to think like Buffett and always stay invested and I end up selling at the bottom or close to it always. I always brake at the point of highest fear. I really hope we shoot down next week. If news of another bank come up, it's going to create bank runs in sure.

I'm all in fixed maturity bonds and short term high yield savings and TMF .
Bring it on kikes.

>>54025548
yeah spx you can't get assigned

>>54024471

>>54025456
>TQQQ would definitely delist in a giga heem scenario.
No. The maximum 1-day loss is 33%. 3*33 = 99%. Still fine. They'll just split and keep going. (this would represent the single worst 1-day loss in the history of breakers though, as far as I'm aware).

>>54025247
>ugaz
3x already explained that too much leverage

>uwt
Gas is manipulated by American jews to fuck our enemies. American natural gas will not go to zero it's already 80% cheaper than the rest of the world's shit and why would we fuck ourselves

>anything related to volatility
Literally a rigged Jewish scam don't touch it

Hope I cleared that up for you bro

>>54025485
C'mon, what about Baggies conversion from being a coveting Jew to getting baptized because of his love for his gookfu and shit?

>>54025573
It's ok to admit you're wrong, you know.

This is an anonymous imageboard. No one will know. No one cares.

>>54025548
That was my main gamble this week desu

I realized instead of sperging about taking money out of the bank, I'm going to buy the camping gear overhaul I wanted.

>>54025568
henlo

>>54025449
Jews think poos spics and chinks are the new Italians, Irish and Germans. We'll see how it pans out but I'm not hopeful.

>>54025223

>>54025617
Solid... that was all today. I went long at one point and got smacked.

>>54025557
Anon, we're guaranteed to shoot down next week. Other banks? Haha, no need for that, yet. >>54025483
>>54025418
>>54025005

>>54025483
Its the gift that keeps on giving
By Monday this could grow to some sort of financial, tech black hole.

>>54025519
He ended up having enough money to buy a house and that was it. I watched one of his streams. He lives in complete filth and hoards retro games and Pokemon cards. I would feel bad for him if he didn't completely plague this general for months. Plus he talks like a nigger. It's been fun digging through all my old images and revisiting the CLFtranny saga.

>>54025223
> Powell with money printers
how the tables have turned

>>54025190
Apparently someone bought some 3/17 $200 Puts a few days before. They turned 4400 into like 1.35 mil.

>>54025497
>all 3
Ah, I just took a look at VT. I thought the other Anon had simply forgotten the I.

>>54025569
Everyone would sell and the fund would shut down. It doesn't have to go to zero

>>54025605

How am I wrong about any of that? Those were shitcoin etfs. Those shit are more sketchy than a fucking crypto currency etf or some shit. Martingale spy or qqq or 2x of them literally cannot fuck you long term unless the entire global economy collapses

>>54024471
Fucking zoomer

>>54025649
stop fighting the trend for my sake

>>54025694
You don't even know the most basic concepts in finance. Just stop posting already.

>>54025649
I always gamble spy, but it leaves me unaware of bigger plays that could be had. Cheap directional puts for this week at critical levels makes for pretty big gains. just straight up gambling.

>>54025553
Nasdaq just (IXIC) closed under the 200 weekly moving average for the week, bullish

>>54025569
A split would fucking suck though especially if you are heavy most tiple leverage do 15:1 or 30:1 splits... SOXL is going to die. Can I get a sound off SOXL bros how many shares?

>>54025557
I read a research paper that long term gains on spy increase if you sell between a 10-15% (not more, not less) drawdown and move to t bills for 1 quarter. Just doing that mechanically dramatically reduces volatility and thus chances of panic selling. I'm sure that can be finetuned even more. For me, it's 10% and I'm out till it recovers.

>>54025223
I like this one as well. It's pure art

>>54025679
it's so strange that people can have such tremendous luck without knowing how to trade the market. They just pick a stock and a direction to go on.

>>54025590
Not gonna lie, I enjoyed the saga when your gookfu left for best korea and cucked you with a bunch of salary men.

>>54025182
>>54025275
credit unions are insured by the NCUA

>>54025679
My Saga is not finished. Ima die someday, but ima do it all first. This general is so virgin its like ima break every record. My most coveted might be times b&. and I don't even know where I am on the list... I know it's gotta be top 10.

>>54025483
>>54025672
I have a boner

>>54025766
I'm still shocked AQB is shamelessly shilled here.

>>54025723
>no rebuttal
>adds nothing
>stop posting

People like you are why I catch 3 day bans all the time for posting my dick. Why are you even here? I'm sorry you lost a bunch of money today on your nvda calls or whatever make sure you take your hormones and buy rope

>>54025737
You'd be really stupid to be heavy into 3x bull right now when we had no bottom indication yet. Even hedged you should still have a very small position in there at most.
3x leveraged split and rsplit all the time. In times of bad vola, you can have 3-4 "flipflop" events like these in just weeks.
Splits and rsplits on these also don't work the same as they do on individual stocks, because it does not indicate that a company is unable to stay attractive to investors (since it tracks a basket in the first place).
A 30:1 rsplit on soxl would be very bullish for AUM, not bearish.

>>54025777
forever in my heart

Why doesn't SVB just tell their Shareholders theyre investing in AI?

>>54025812
I accept your surrender.
>>>/r/eddit/

>>54025773
Clftranny wasn't just somebody who was lucky, he was a single digit IQ niggermonkey with luck. He had over $2 million at one point but refused to sell because he didn't want to pay taxes. We were all screaming at him that he was holding options so there was no way to avoid taxes anyway. These are the types of people Elizabeth Warren makes laws for.
>>54025777
Buncun has you beat. He's considered shoot on sight by the jannies.

>>54025800
BLUHH BLUHHHHH BLUHBLUH BLOOOOOOOOOOOOOJGLFBLLLLLLLLLLLLLL

If I remember correctly, we had a marne life expert being bullish about it and buying all the way down from $3 to $1. I don't know how it works. It's like people invest based on company description, not its financials.

>>54025812
Sorry to tell you but >>54025812 is correct.
>Everyone would sell and the fund would shut down. It doesn't have to go to zero
Makes no fucking sence if everyone sold and it shut down it would go to 0 this shouldnt have to be explained go to Fucking Reddit please

>>54025483
This is bullish for SARK

faggots fucking up the thread intro i couldnt find it for 5 minutes.
anyways, why are credit unions better than regular banks? I have a credit union in town if I really wanted to move my money. kind of getting nervous, especially when the white house is telling us not to worry.

>>54025861
> It's like people invest based on company description, not its financials.
Most people here are rather poor, so they want to be in a stock before it becomes hot and jumps to the stratosphere. Because of that, they look at guidance more than current financials. Unfortunately, guidance, especially for those small companies, is always bullshit.

>>54025812
>>54025862
Depends on the leverage. If it's a 3x fund and it moves 33% against it, it's toast

lol. anyone still planning to continue "trading" in the near future?

>>54025812
he zigged when he should have zagged

Check what I dug out of my archives

>>54025855
Buncun is an AI algorithm. He joins the movie nights sometimes

>>54025917
Credit unions are just banks with less Jews.

>>54025917
They're not usually better than banks. Their rates on everything (loans, mortgages, etc.) suck ass, and you're on the hook if they go under. Moreover, in my area, not a single credit union has any service (e.g. you can't call to check a charge, you can't even go to the counter to make a change to an account, there's nothing nowhere ever). While mine tend to be 10x scummier than the worst bank around, it's the exact opposite in other places.

>>54025927
Me

>>54025855
CLF tranny is still around. I'm pretty sure he is the "chop chop" poster and he was posting graded Pokémon cards and shit not that long ago

>>54025317
I reported him to SEC and made a CLFTranny Stocktwits account to troll him on there

>>54025925
circuit breakers on indexes start at 7% tho

>>54025980
Yeah someone posted using gif related recently. Only CLF tranny did it in past.

>>54025962
>>54025970
So people are saying they are moving their money to a credit union must have a good one then?

>>54026017
Either that or they're shilling.

>>54025980
I've heard that but I can usually spot his autism rather easily
>>54025994
I remember that. I can only assume he's on hard drugs now trying to chase the rush of becoming a millionaire again

If I keep dcaing will I eventuality be positive again?

>>54026017
Credit unions are basically the Dewey decimal system of the banking community. Everything technologically feels behind and they're very bare bones. Boomers love them.

the PA bounced off the top of the previous channel's line. In order to press the attack on bulls it needs to make another lower high, or just out right fail beneath back into the channel. CPI nums on monday so that'd be a gomble as well.

>>54026038
The alternative is that social security ponzi collapses I think, and government would never allow this to happen haha

>>54026026
He posted a shitty paint image of a chud in a nazi shirt being hung by a black dude in nikes and a tranny with a queen of spades tattoo with a glow nigger in it. Gotta say pretty hilarious but not something I would save

>>54024076
Thank you but I'd also like to know about Honda. They make the motorcycle I ride but most importantly they own Boston dynamics. Surely that must mean something right?

>>54025997
That's a very fair point. However things like levered oil or VIX might be a different story. In a sense, index etfs are probably very safe.

>>54026038
given a long enough timeline everyone dies

>>54026056

>>54026056

>>54026056

>>54026061
I remember that, wouldn't have assumed he would have posted that. That's actually pretty based.

>>54026049
If you have autism and like to go through financial documents you can request them from your credit union through the NCUA website. Just have to provide an email address.

>>54026075
Retard

>>54026017
Credit unions are non-profit, so they have no incentive to do risky shit and bankrupt themselves to generate returns

>>54025970
>you're on the hook if they go under.
They're insured at $250k, same as any bank

>>54026126
Ah I see now. They arent likely to go under in a financial crisis like the rest of the banks that are jacked to the tits in loans, etc.

>>54025631
henlo
yes i will not hold
thank you

>>54026026
Xir lost their mind that day. It was great. My first attempt with CLFTranny on Stocktwits actually lasted a decent length of time before I was banned. The other few subsequent accounts were banned immediately.

>>54025843
they probably were

>>54026062
Hyundai owns BD.

Credit Unions are basically client owned. They're still insured just like regular banks but the customers themselves have a stake in the bank. They aren't beholden to any high corporate overlords or stockholders. Flip side of that is yeah the interest rates aren't the best. But least mine will work with you. I can go to the corporate office and actually talk to someone if some issue comes up. I got a personal loan in a snap. Applied and got the money real quick.

>>54026417
Client lead leadership in banking only goes wrong when they let niggers in the game.
Prove me wrong.

>>54025950
No AI would be able to post Buncun's backstory without getting lobotomized.

>>54026052
CPI is actually on Tuesday, FYI.

>>54021811
its not a financial crisis. Only people hyping it up as one are bobos desperately hoping their financial ruination will be avoided (it likely wont) and the blatantly misinformed.

>>54025263
Its Even More insanely Bullish Zooming out to 1300

>>54026581
You can replace the first five words in your post with virtually anything and you'd still be correct most of the time