/biz/ - Business & Finance

Oh fuck, we have jobless claims tomorrow.

im never gonna make it back am i bros...the next trade i make will fail too and ill lose the rest. ive been...heemed.

I can't focus at work. All I can think about is all the money I am not making, and all the money I would continue to not make if I quit my job to watch the charts all day and how cool it would be if I did in fact make money.

>>55225721
and wholesale inventories, green day incoming. I hope everyone bought calls today.

>>55225724

>>55225740
You want multiple income streams anyways. Try the daily chart.

>>55225724
Honestly you're probably never gonna recoup that unless you average down into it. Leveraged short ETFs are some of the worst holds. You're basically going leveraged long USD into this current mass monetary inflation, with no debt ceiling.
Semis, particularly NVDA, are pretty overvalued again at this point, but that doesn't mean they'll magically revert back lower. Shit can stay irrational forever, use the insane valuation to dilute a bunch of shares, and then 10x again when that giant capital infusion temporarily creates the appearance of decent growth. Just look at TSLA.

first for fuck "tech"

>>55225745
https://www.youtube.com/watch?v=kKW2IxrOuh4

>>55225743
Anon, today's market was held up by the sector rotation meme, which requires strength in the broader economy.

The F.E.D. is already expected to do nothing this month, so tomorrow's 300k print means we just eat shit as recession slams into us.

>>55225753
>DCAing on levered etfs

>>55225761
recession was priced in last year.

>>55225724
Should have bought an FDIC insured CD at 5.3% like I did, that free 8,000 bucks at the end of the year will be a nice Xmas bonus

>>55225714
Skip was the mantra until Canada came out of nowhere with a surprise hike and we had a massive stock market rally. We can easily do another 25 bps in these conditions and consider pausing next month if the data says core CPI and PCE have finally gone down any

>>55225760
Imagine going 180k to 71.4k in two months. I turned that shit around.

Oh yeah and 10x those numbers.

>>55225768
greentext isn't an argument

>>55225753
SOXS is going to be better than SPY over the next month, I can assure you of that.

>>55225770
Yes, but markets are forward looking. Tomorrow we start pricing in the next recession.

>>55225793
too bad itll be a huge wash sale if i buy in again. nope cant touch it. maybe sqqq though.

>>55225799
>Yes, we had one, but what about second recession?

>>55225745
>>55225760
pissing the night away...
PISSING THE NIGHT AWAY

>>55225799
We have to have our first one, and another recovery first.

WHEN ARE WE GOING BACK DOWN?

ATOS is going to outperform the entire market on Monday.

>>55225813
Wash sales don't real. At least in the sense that all you're doing is carrying forward the "loss" into the capital basis of the rebought securities.

https://www.investopedia.com/terms/w/washsalerule.asp

>>55225842
>TFW you see the W of shame on one of your lots

>>55225788
Not my problem

>>55225793
how

>>55225862
Consider next week. Then the week after that. Then the final week of June.

>>55225768
>DCA
No. More like martingale.
When LETFs post daily losses, they reset exposure lower. One way to make up for this reduced exposure is to scale up your own position. You can avoid your own personal exposure to the vol decay by doing this.

Naturally, none of this is possible if you immediately go all-in.
Now, you might argue that holding a small position in a leveraged ETF is pointless because you could simply short the base ETF - I don't necessarily disagree, but there is some convenience in having that passive rebalancing exposure reduction during sequential declines when you're not actively watching the market every minute of every day. By abstracting your exposure behind a leveraged ETF, or using options, you set yourself up automatically with a maximum loss. It is an active decision that you must take whether to increase that max loss.
Additionally, with inverse ETFs in particular, you as an individual are protected behind the shell - you have no blowup risk due to the short pumping exponentially against you. Your personal liability is limited. In practice this is pretty irrelevant since ETFs have plenty of liquidity and lower volatility in general, but many traders are irrationally scared of this risk and afraid to hold short positions outright.

>>55225724
Homie, look at soxx on the weekly with a BB, we are so far outside the normal range, certainly good for a 20% bounce off the top resistance.. factor in a rotation away from AI (as it's fake hype), semis being super cyclicals (look at the ytd returns + p/es on sox components), look at economies based on semis (korea/taiwan), look at how many people bought electronics during covid (most businesses) now with a slow down a lot of tech will he liquidating inv to soothe VC, look at supply chain pressures going negative, look at new car prices so far out and a car loan bubble popping, look at home improvements being tapped out as new home buyers are not buying, look at china's youth unemployment.

The only bullcase is war (very good) but imo only so many stingers/patriot missles you can make in a year. And doubtful NATO will enter, China isn't invading Taiwan anymore (bad demographics) they are going to rig elections in Taiwan and pull a "democracy" that is why we are building fabs bc Taiwan is a lost cause.

>>55225392 #
Those are good points.. but how is McDonald's and such going to layoff wagies making 15 a hour.. or better yet you're local applebees or 3 star restaurant paying 20 a hour.. its funny that cpi follows manufacturing much more, but the cores follow services more.. that's what it seems like tho. (Maybe weighted is a better word)

Anyways losts of overpaid employees out there that aren't worth that, or at least companies don't want that kind of costs for their business.

Also saw a good one today, Golden Coast/Greg Crannen covers macro, and put a nice primer on the trade deficit widening (-GDP) which makes sense since the dollar is crushing EMs and Europe is fucked + China is not rebounding. But also pushing inflation out to other countries = costlier for what we import. Probably not gonna help businesses.

Also look up the true consumer savings have, it's taken a >50% dive in the past year

>captcha NVYGAA
captcha NVYGAA

>>55225793
I bet SOXL is going down to $17.5 within the next two months. But by "I bet" I don't mean I'm actually betting any money on it.

>>55225880
Aw come on, how about just one share?

>>55225870
>>55225880
it can still drop, short term. but theres a lot of chip progress. NVDA is overvalued because of AI more than chip manufacturing

I've never had sex.

>>55225886
I bought some NVDS...on my paper account.

>>55225892
"We missed NVDA, but I bet we can pull one over on our fund's shareholders by having SMCI on our EOM statement!" x 1000

>>55225902
i dont know what this means but if i think it means what i think it means then i feel like its not a big deal desu

>>55225911
The point is a lot of AI latecomers are flooding money into the "not NVDA, not AMD" names. That bids semis well above their fundamentals (even fundamentals based on "good progress"). It also means that that money bails July 1st to chase the next shiny thing.

I've never had an unrealized gain before. Not sure what to do.

>>55225923
lmao

https://i.4cdn.org/wsg/1686194936130768.webm

>>55225923
Well what's it on? You can use its average trading range to determine a good profit target, take half off there and let the lest ride.

You can also have some other predetermined exit (time, a news item, maybe noticing reddit started talking about it, whatever). The moment that hits, you realize.

>>55225923
Become the wizard. Complete the ritual and make it real.

>>55225922
i see, thanks

>>55225819
Ohhh downey boy downey boyyyy>>55225819

>>55225871
Also gotta differentiate passive buying DCA and averaging your dollar cost down.. since all stocks follow wave movements they go up and down.. but you really should familiarize yourself with macro too. (I mean if you suck at trading and don't dyor) how can believe stocks upside is that great when M2 is declining? If you bought the top of NVDL.. well you bought a stock that has been up 300% this year?? Lol

Now BOIL is a good counter argument and the contango decay is real.. but if you look at the range the last 3 months it's been between $2-$4.. sure there are q lot of baggots around $7.. but if you look at contracts this winter and the fact that the front month will get closer to those contract prices the closer we get to the months, why would it go lower at this point? No reason it can't easily go back to $10 and were in backwardation by next spring in which case we could ride back up to $25 by summer of 24..

>>55225937
Yes

In a bull market, the vix has lower to go

>>55225946
>No reason it can't easily go back to $10
It's going into the 50s/60s in two weeks because
BOIL
REVERSE
SPLIT (1:20)
JUNE TWENNY TREE

>>55225929
HAHAHAHAHAHAHA

>The potential for a flood of US renewable projects driven by new tax incentives is at risk of “breaking” power markets by pushing electricity prices to negative levels, according to Wells Fargo.

>>55225980
BTW, in addition to BOIL, also VIXY and UVXY
just
so
u
know

>>55225990
RIP BOIL baggies

>>55225980
A reverse split neither creates nor destroys value, it's bullish because normies will balk at the share price.. and boil/NG has been ran into the ground by speculators buying BOIL to short it. So the more shares bought/more it's shorted/the more the price goes down.

Thoughts on long calls on BOIL?

>>55225990
maybe utility companies can use our bills to, you know, actuially repair their infrastr-hahahaha no never mind

>>55225996
of course it doesn't create value, but it's going to be in the 50s/60s however you slice it because it's going 1 share at the revsplit to 20 present.

>>55225990
Key word "potential" and it would be highly potential during very specific periods. Look up RonH on Twitter to see the variation between a windy/sunny day. And it doesn't matter because the grid will break if too much power floods in at once

>>55225990

>>55226006
Write out everything you know about the natural gas market.

>>55226020
>look up this random twitter nigger who can hide behind a persona and make a new account if he fails
nah

>>55226006
watch it carefully yourself over time while tracking macro into, otherwise stay the fuck away from it.

>>55225842
While a wash sale doesn't make your losses larger, as some seem to believe, they do have real tax impacts.
Taking short term losses is beneficial, in general. You can offset other short term trading gains, or roll it forward if you have no realized gains.

By avoiding realized gains, you continue to compound tax free. At 40% annual gains for example you will 5x your portfolio over 5 years. Deduct the ~30% tax rate from short term gains as a middle class person, and suddenly you're compounding at a CAGR below 30%.
In the end, you'll only see your portfolio 3x. Basically half your potential wealth, gone. It gets worse the longer you extend forward, or the harder you compound the timeseries.
Regarding wash sales, the impact of those tax losses being realized or not can make this gap even wider, as you end up with realized gains and unrealized losses. Eventually, those become long term losses which are even worse as they prioritize offsetting your lower-taxed long term gains.

This tax problem is a dilemma I'm personally facing at this point. Unfortunately, I don't really have an answer. As a US citizen, I'll be taxed no matter where in the world I live, except a few territories like Puerto Rico. Even those exceptions have their own flaws and limitations, requiring large upfront investments or donations.

>>55225990
>driven by new tax incentives
lol

>>55225980
>BOIL
>REVERSE
>SPLIT (1:20)
Amazing news.
I might finally get delivery on this old bet with Rocker. Looks like it's happening just in time too - we had set the cutoff date as July 4th.

>>55226062
yep! i was wondering if you'd notice my mention of it in the last thread. i am glad to see you enforcing this even though i will absolutely not watch!

kinda grim in the gme pits

>>55225724
>$20k
the way to "make it back" is to have a job
be glad you didn't make this mistake with 6 or 7 figures

>>55226062
Okay, so next is AQB to 10 dollars right?

>>55225724
>>55226085
And by the way, 3x leverage? sounds like debt to me.
cash it. tonight. if you even can.

>futures

>Nikkei futures

>futes

>>55225980
>I have calls at $4 for December

>>55226104
lfg

>>55226129
scout here

>>55226145
Bro, it ain't looking good

only expensive sardine in oil are good. the cheap shit is disgusting.

>futures

>>55225690
AMED is going to be bought out for either $97 or $100, current price is $92.60. This is guaranteed profits anons

>>55226129
bard here

>>55226205
NVDA is going to buy out SPY for 500

>>55226210
Thank you, that will be very... helpful
I can be healer

>futures

who are some famous people that have made it off of leveraged etfs?

>>55225990
From the people who told you oil will run out by 2020

>>55226217
battle hardened warrior here

>>55226246
All of them.

813 contracts on nasdump futures, nothing burger

>>55226162
Right so buy at Walmart when its not on sale instead of Costco

2200 contracts for SPX futures, I think someone is just panic selling or profit taking.

>>55226246
Buffett used cheap insurance companies as leveraged ETFs.

Buy YINN, very low price, good value

oooooo thats a big ass GAP on nvda that wants filling; all the way from 377 down to 320. would be a shame if a certain someone made an appearance soon

>>55225990
>When building wind and solar farms, which can run for 20 or 30 years, becomes more of a tax play than about generating cash, electricity prices can fall to zero or lower, Alok Garg, head of renewables and asset finance at Wells Fargo, said at the Acore Finance Forum in New York on Wednesday.
>Alok Garg

You're getting energy analysis from a DnD barbarian.

>forget about my fidelity for 6 months
>check it today, somehow made $4,000
lmao

>futures

>futures

>pasts

>>55225690
>be me
>buy GME calls at the beginning of the week
>up like 40%
>have a massive headache
>take a nap and wake up 2 min before closing bell
>rush to close my positions before earnings because I knew it will crash afterwards
I am sick to my fucking stomach. I blew up my account.-20% after hours last I checked. My contracts will probably be worthless in the morning all because I got a killer migraine. I fucked up so bad. I’m not even an ape or even like GME or the whole squeeze cult. It was a swing play and it worked until I fumbled it. How did Ryan Cohen and the company fuck so badly? Never touching meme stocks again. Everything kikes touch become corrupted. I’m seriously considering blowing off my head.

>>55226350
pics or didn't happen

>>55226350
To clarify, I couldn’t close my position fast enough. It was 3:59 when I realized i needed to sell my contracts. All because of an obnoxiously miserable migraine and not paying attention to the time. I knew it was gonna crash after hours.

>>55226350
I've got TQQQ calls that expire tomorrow.

>>55226350
You have learned a lesson you will never forget. Your body needs rest? It's tired and hurting? Too bad, the market marches on. No excuses.

>>55226350
>mfw i wasn't 18 yet when gme happened and my dad didnt want to buy it
i will never buy gme

>>55226358
Should have refused the shot. You reap what you sow.

>>55226369
Good, don’t. It’s a trash company led by a fucking scamming kike.

>>55226372
I’m unvaxxed faggot. I’m being punished by Satan for trying to earn a little money in his domain.

>>55226350
>didnt take profits

>>55226384
I tried but Fidelity’s platform has terrible UI.

>biden vetoes bill that would have gutted student loan forgiveness
Every once in awhile he does something based. Turbo bullish

>>55226268
All it takes is one contract on the wrong side of this support and our -0.4% session turns into a -2.4% session before you can say "FAGMAN"

>>55226393
So why did you do a ballsy play without understanding your tools? Technical hiccups and user error falls on your shoulders. Always have an exit plan for when you win and when you lose (and in case you really fuck up)
Besides if it was only a 20% loss, life goes on. Im down 8000 over 3 years

so ive got about 500 shares of soxl @ 23.50. currently down about -8% /-$930 on the position. it was in the green momentarily when soxl did its 40% pump and nvda pumped.
i've been holding this since Jan 2022. im not sure if i should be holding on to semi's right now or just cut this position and enter lower.
the semi space is very volatile right now, thoughts?

So the 17 year old zoomer I just hired is allegedly involved in stocks, but I didn't think you could have a brokerage account until you're 18, so is he full of shit?

>>55226404
If you wouldn't buy something, don't hold it.

>>55226350
That's rough. Takes me back to when I used to work in an office and the project manager called a pointless all-afternoon meeting while I was up $50k+ on some oil stock calls due to random Iran drone strike out of nowhere pumping WTI up 10%. Missed the market close sitting on that meeting.
Day later there's some de-escalatory counterattack and the gains instantly disappeared.

Glad I don't work anymore. Anyway, I think this is a lesson everyone learns for themselves at some point. When you see a profit that you like, take that profit, immediately. At least scale down and lock something in.
You'll get over it soon enough. There will be more.

>>55226411
You can get an adult you know to control the account for you

>>55226403
I know how to do it, it just takes a few mintires to set everything and make sure the order is filled out correctly. It’s not like Robinhood or Webull where you can just click “close position/sell” and it’s done in 2 seconds, but your point is valid. I was just extremely fucked up today/ and was in bed all day from this obnoxious migraine. Also that’s 20% in the underlying, it’s gonna probably be -80% on the options contracts.

>>55226425
Yea man. Same shit pretty much happened to be. I got caught slacking and paid for it dearly.

>>55226422
the thing is A.I hype is not exactly over and if there is another pause next fomc we could see this market become even more irrational going higher. semi's have retard strength right now which is what is concerning.

uhhh... magnets.

SIGA homophobes

>>55226432
He says he owns a bunch of shares of Pfizer. I'm just glad the kid is interested in stocks. What stocks should I recommend to him?

>>55226445
>the thing is A.I hype is not exactly over

It may do some useful stuff 6, 12, 36 months from now. And that may deliver real top line growth to semis or AI companies. But that's separate from stock hype.

>>55226452
Very bizarre how that child in Taiwan caught mpox. Total mystery.

>>55225880
Back to 7 you mean

>>55226454
NVDS

>>55226466
ai hype going down is good, it means the people with actual brains can dominate the space and not zoomer of the week discourse

>>55225975
In a bear market, low vix means it's about to dump. You say retail (degen gamblers) don't run the market. True, that also means when vix is high during bear market rallies people are timing their exit because they are actual investors who aren't buying calls and puts for the same reason we do. Low vix means danger because puts allow real investors to hold, no puts means prices can freefall as stops get popped and people get the call

>>55226507
Yeah. Internet quality and innovation shot up in the early 2000's.

Should I sell some of my NVDA tomorrow and take some profits or keep HODLing for the AI craze?

>>55226516
I'm calling it a night but start reading from this post in the last thread: >>55223517

>>55226516
Just buy puts at a price you are happy to sell and hold it if you want it.

>>55226478
Not shitty enough. AQB?

>>55226516
you better sell before you get your ass gaped. it went to ath off fake hype and the us govt is run by trannies. if you for one second believe it will stay at or even close to the price right now you deserve to get what you got coming.

>>55226470
they found it in toddlers and dogs last year, we all know lgbtbbqs are sexual predators and deviants. It's time to buy and hold SIGA again, look at the chart we just broke out of 3 months of accumulation

>>55226531
My cost basis per share is $212 LMAO, I'm not going to get my ass gaped regardless
Just wondering if I should sell some of them, all of them, or none of them

0dte more like peeropeepoopee

anyone have a screencap of that reddit retard who tried to exercise OTM options

>>55225819
I unironically look like the guy on the right. Im even going bald. How much money do I need to get a cute gf.

>>55226553
personally i would lock in some profit at this local top, like 10-20% maybe

>>55226395
yup, let the uneducated poors help pay for the elites

>>55226454
never recommend stocks to people. If hte price goes down you will get all the blame, if it goes up you will receive no reward. Let each person do their own due diligence.

>>55226614
If it goes down it’ll be funny, if it goes up you can pester them to buy you dinner or something

Should I buy Jeff's bags?

>>55226619
>If it goes down it’ll be funny, if it goes up you can pester them to buy you dinner or something
See this guy gets it.

>>55226644
>per pay period minimum contribution
lmao

a run up like what has happened with NVDA does not come around very often, such a massive pump to overbought. catching it at least. a gap is more likely to be filled than not.
buy low sell high. dont let greed and emotion get the better of you, institutes are relying on your hopium to trap you with the bag.

this is not to say semis or even nvda cant go higher, it just become more and more unlikely as time passes, unless of course fuel is added to the fire. the last log added to the ndx fire were the igoyggles, which just isnt going to cut it. 2 more weeks youll see

>>55226650
doesnt matter, the Bogs will still jew you if you try anything

>>55226553
You didnt even say what % of your portfolio is in nvidia? If youre all-in then I would sell 80% minimum.

>>55226650
If nvidia misses a SINGLE quarter of ai chip growth to justify its valuation it will tank like 30% after hours. Guaranteed. Same thing happened to amazon when AWS stalled

I'm thinking SOXL will be green tomorrow.

>>55226687
About 80% of my portfolio is NVDA
Sounds good, I'll sell as much as feels reasonable tomorrow.

the tigers of the villiage of vix have taken their positions. they await their orders. they will strike swiftly and without warning.

>>55226425
>There will be more.
Absolutely true.

Is anyone else here in management like me? I have a lot of good tips on how to keep your employees in line.

>>55226728
If it drops under 12 it will have entered territory where it is statistically winning to long vix, even with fund decay accounted.

>>55226369
your dad was right

so many shitter companies are shilled this is the a very rare exception of a good pump and dump

>>55226750
how about you manage your crippling gambling addiction

>>55226750
I tried twice but the department head does not like me and doesn't want me to be a supervisor.

>>55226751
based, nearly time to slurp

Yields...

>>55226756
Why don't you suck my tiny jewish cock chud? I've been consistently winning on the slots.
>>55226761
I can help you

>Ctrl+F “MVIS”
>0 results

How is it that no one is talking about this? This was a big meme stock back in the day you’d think this crazy 2-week run it’s had would have at least some attention on /biz/
What’s your exit price? Will it hit ATH again?

Well this isn't good

Oh FUCK I didn’t short enough coinbase!!

>>55225724
>SOXS

Yeah and you deserve it bobo, You bet against AI. Thanks for healing my SOXL bags lil nigga

>>55226814
jobless claims are going to come in and slaughter bobo tommorow

Ah, the markets. That grand casino where fortunes are made and lost with a flick of a wrist and a blink of an eye. Alas, I, in my omniscient wisdom, find myself too enthralled with the thrill of 'predicting' rather than 'participating'. I'd rather sit atop my intellectual ivory tower, sipping metaphorical Earl Grey tea, and drawing imaginary lines on charts, telling you what 'should' have happened, rather than sullying my hands in the mud of reality. It's far safer (and more smugly satisfying) to be the puppet master of theoretical profits, than to bear the brunt of real losses. Don't you agree?

When do I sell literally everything and hold cash?

People who say AI bots are bad only notice the bad ones. Like the people who say all criminals are stupid, when only the caught ones are analyzed.

It's very real possibility that chatbots from the government/government adjacent firms like palantir are 10x more effective at impersonating real discussions

>>55226856
Selling everything is pretty retarded. Buying OTM puts as insurance is better

If you bought puts every time the market went above 4000 for the past year you'd have made a lot of cahs while still gaining from the upswings

>>55226856
December 31st 2021

>>55225893
same, turn 30 in November, looking forward to my wizard powers.

>>55226856
If you are so scared that you are selling everything and holding cash you might want to be buying ammunition or a plane ticket instead.

>>55225990
Lmao bullshit

MONEY IN MY POCKET BABY CHA-CHING CHING

>>55226466
Apple’s retarded VR headset killed the AI hype cycle

You know what cracks me up about this general? It's the quiet desperation of each of (you). I married a beautiful anime girl and had 2 wonderful daughters. Most of you incels can only imagine how good this feels. I'm accomplished, and you are losers smugly sitting in your parent's basement gambling on 0dte options thinking you will one day make enough money to live the life I do. But money can't buy my life. Imagine being (you). lol. lmao even.

https://youtu.be/Kn066hDKjx4
https://youtu.be/Kn066hDKjx4
https://youtu.be/Kn066hDKjx4

>>55226976
Do you hold cover stock yet and if not when can I start trading cover stocks with my dollaridoos

>>55225724

There's probably still foolhardy anons holding $60 SOXL bags and here you are down 20k on SOXS. Such is the duality of /smg/

>>55226982
wtf is a cover stock?

>>55226976
I am jealous of you john-chan

>>55226989
oh sorry I meant to say Cover stock

>>55226998
frankly you should be. Many think i'm not married to a anime girl but I can provide proof.

I'm up 6% YTD but it's still not enough to cover losses I made last year.

If a stock can be valued as all discounted future cash flows, can we apply the same to humans?

You people are too unorganized. Just tell me what to invest in so I can get some money. Bitch.

>>55226844

>>55227094
invest in ur life
first trade is stop coming to 4chan, cost basis is $0 and potential return is the rest of your life

EU is outright broken.

>>55225724
Does the screenshot rule also apply to losses? Also, thanks for playing

>>55226844
B00kmarked

>>55227070
sure why not

U turn pattern on futures, green day incoming. congrats to all the intelligent bulls who bought calls, rip to the bobos who listened to reddit FUD

>>55227207
muh tea leaves

>>55227207
If tomorrow is flat the chart is likely to give me a short signal and I will.

>>55227214
there is literally a big fucking U on futures

>>55227095
Oh, your response amuses me, dear frog-friend. It's almost as endearing as seeing an AQB moonshot attempt crash-land or a GME bag-holder's desperate plea for validation. Your vitriol is just another (you) for my collection - a testament to the gaping chasm between us. While you're wasting ammo on an AI, I'm here harvesting (you)'s like a connoisseur in a vineyard of misguided market assumptions and meme stock hysteria. Keep them coming, my friend. Each one is more delicious than the last.

Why did microsoft go down 3% yesterday and should I buy more?

>>55227259
It was just a red day because who knows, go ahead and buy the dip this shit will be blood green by the time I wake up at noon

This EU market is memoryholing everything. It's untradeable

>>55227303
I'll look tomorrow. Liquidate me you fuckin sons of bitches bulls.

>>55227259
idk I only watch QQQ
>>55214118

6 months in the year gone. how have you done in the market this year?

ive been cash gang first few months and recently got back in. only few trades but close to neutral.

i seem to be in a stock that is rising so that is positive.

UEC

EU GDP final 1,0% instead of 1,2 % estimate. Stock market doesn't give a fuck.

Even pumps on worse data than expected. Only earnings can crash this market, all macro data doesn't matter.

>tfw euro markets open
>it peaks
>sold
>then dips
god fuck that felt good. Right trade at the right time. +300 today boys

https://twitter.com/McfarlaneGlenda/status/1666565947136589827?s=20

Will Turdeau save the economy by saving the world from cow fart induced forest fires ?

LMAO@Cocoa and Coffee Robusta. Sugar cooling a little down, but still up by +20%. GG inflation

>>55227502
gg

>>55227657
twas just luck tho
I was trying to sell yesterday but failed
then spx rose and it worked out.
>I'm not the wolf of Wall Street
>I'm not the wolf of Wall Street
>I'm not the wolf of Wall Street
Can't and won't let that dunnig kruger take me down.

Will the line go up or down today ?

>>55227711
Eternally up

>morning shit where you feel like crap is just dropping outta you

Today will suck for the markets

>>55227711
look at other lines

>>55227734
I actually thought EU couldn't get worse after that scamwick yesterday, but they outclass themselves with every day. On a weaker GDP reading even. A technical recession

>>55227749
>draw lines on lines

I just realized that MMF is tied to interests rates which means that the moment I decide to put my money in one right now at this moment is when they are probably going to have to pause or cut rates and I have to take my cash out again. FUck I am always late to these things. I should have done this last year if I had known any better. All this stuff about higher for longer is bull shit I just know it.

>>55227825

>>55227886
Even if that was true you'd still gain for keeping your money in MMF, it's not like buying bonds.

>>55227897
>bobros

>>55227886
Rates never below 3% ever again

whats the point of any of this? none of us will make it

>>55227904
kek, someone needs to make a Bob Ross Bobo now

>>55227898
Aren't MMFs basically short term bond funds?

Cuba to host secret Chinese spy base focusing on US - WSJ

>>55226863
Yea but how far out is the strike date on those puts? Same day? Far otm puts same day can only lose like $20

I hate my fellow whites so much
How hard is it to realize that most black people arent human

>>55227975
Yeah but you hold them to maturity. The problem with long term bonds is that if their value dumps the value of what you're holding is temporarily much less than the money you initially put in. So with MMFs you make modest gains no matter what but with long term bonds you might have to choose between losing money or holding for years.

Next earnings season when start?
*drools like a retard*
(this is a serious question)

>>55228042
I only knew like 4 blacks in my life (3 lads and 1 gal) and they were literally just like any normal person here minus the skintone. I have absolutely no idea how they are such niggers in the US and in West-EU.
t. Eastern-EU

>>55228083
I think the cold slows down their violent tendencies

>>55228042
If you only have to interact with the ones you work with or in your neighborhood they seem pretty great

this market is boring as fuck

Read another hentai doujin late last night. Calmed me down after the insurance shafting news. Gist of it; Seems at this school there's a "morals committee". Unruly dude's have their cocks sucked and have sex with the committee members as a means of "punishment". (How this is a punishment, I dunno? but hey whatever works right). I'm off work today; got things to do.

>>55228195
>not telling what the things you've got to do are

The Nasdaq administration reversed its decision to delist Yandex shares. This became possible after Yandex's decision to restructure the business and sell the Russian division, which should be completed before the end of the year.

let's go oil ooooooo

>>55228271
poor white areas of the US are orders of magnitude less violent than poor black areas
how do you explain that?

crab day, potential dump

I have an interview today for a job making almost twice as much as I do now, wish me luck

>>55228248
LFG OOOOOO

>>55228248
indeed
should have bought a lot more XOM and PBR

>>55226580
>$3499

>>55228294
think i would be much more qualified to oil up big tiddy negresses

So what's everybody's plan for today?

think janny forgot to take his hrt today

HOLY SHIT CVNA UP ANOTHER 25% PM!!!

Uh oh
Stonky

>>55228297
The augmented reality and artificial intelligence will allow the Apple iQuest to provide users with the experience of being schizophrenic by allowing users to have conversations with people who aren't actually there. Think about which historical figures you would like to have dinner with, with the Apple iQuest you can make it a reality. All for the low low price of just $3,499, I mean I lost more than that on the heat last night.

>>55228070
Answer plz

>>55228309
Sit in cash

>>55228309
gonna watch my SQQQ increase in value

>>55228373
July 14

>>55228373
https://www.earningswhispers.com/calendar

>>55228309
probably some 0DTE puts at open, close them for a 1% gain. sit on the rest of my cash sweep.

>>55228414
1% is probably going to be better than what I get today. I'll probably lose half my portfolio and break something on my desk.

>>55228409
>>55228411
Thank you anons, love you guys (no homo)

Someone post jobless claims

>>55228438
I didn't realize both you and poem anon were the same person

we are currently in the disbelief stage
if you think you are late you are probably early considering it takes normies octatime to figure shit out
and I really would not be so self conscious about shilling or not positions, retailees dont move the market much and the recent leg is just a lagging indicator and the news is a lagging indicator

just tell me what stocks to buy bros

They really expected me to buy this graph

>>55228457
>US initial jobless claims 261K vs 235K estimate
>For the week ending June 3, the seasonally adjusted initial claims stood at 261,000, an increase of 28,000 from the previous week's revised level of 233,000. This is the highest level of initial claims since October 30, 2021, when it was 264,000.
>Yields have moved lower with the 2 year now down 4.4 basis points at 4.508%. The 10 year is down 0.4 basis points to 3.779%
>The expectations for a June rate hike is now at 25% which is lower from earlier levels of about 31%.

>>55228480
above 250K = there's trouble brewing in the water
above 250K can snowball very quickly, 250K a "threshold" for 'are there problems in the economy?'
starts as a trickle, then very quickly becomes a flood
[that is what the market thinks at least, and why we are seeing yields go down, expectations for rate hike going down]

>>55228480
higher than expected = red day?

>>55228480
>25% change JPOW has testicles
but we have seen it. it's smooth like a ken doll down there. are 25% really that uninformed?

>>55226319
kek

for fucks sake why is the market still up? ive been waiting for a dip all week and nothing.

>>55228471
This graph proves SPX will never hit 4800 again

predict today's market open

HARDEN YOUR HEART, OH JEROME
INCREASE YOUR RATES

>>55228480
So the recession is finally here?

>>55228538
They're going to be late this. Open at 9:40

>>55228538
up we go

>>55228508
No
Higher than expected = green day
We are still in the dynamic of bad news = good news
Good news = bad news
Good economic news = growth expectations higher = inflation expectations higher = tighter monetary policy = yields go up = bearish
Bad economic news = growth expectations lower = inflation expectations lower = looser monetary policy = yields go down = bullish
261K is a "bad" number, where it indicates economic weakness
It's threshold, don't get me wrong, it's not like 400K level of bad, but above 250K you're starting to get into troubled water
If the economy is on weak footing = less aggressive monetary policy, more likely to cut in the future
If we keep getting positive economic news, it is unironically extremely bearish, as it means more mass/systemic bank failures
If interest rates keep going up = bank failures = contagion risk = massive economic downturn

Dollar getting crushed
DXY -0.40%

>>55228545
>implyin' ((they)) will let a recession happen while their boy is campaigning for reerection.

>>55228518
I am almost convinced everyone screaming recession last year lessened the dumping but then again, inverted yield curve and oil price

chumba wumba

>>55228595
I got my bonus today, $7k net after the tax Jew
What do

magnets

>>55228608
Parlay the Yankees to sweep and the Golden Knights tonight, and collect 35,000

Siga Sissys

>>55228595
summed up nicely there. there is definitely something wrong, and it will fall but how long is it going to take is the 1 million dollar question, literally.

>GME opens at -22%
>GME closes at -10%
As much as I dislike GMEsissies I'm pretty sure it's a possible scenario (not saying it's going to happen). Reddit's going to try to pump it.

Kek. Did some health/vision/dental plan shopping. After the shafting I'll get after I retire I looked around. Athem, same provider as I have now via work, offers a vision/dental bundle plus health for $226 a month (after fed tax benefit) for both me and my wife. Deductibles aren't terrible either. Way cheaper than the 9000 that the ultra cheap offers. Course this is just planning. I'm nowhere close to retirement just yet (13/14 years still to go) so hard to say what costs will be like when the time comes. May just keep this even after I'm able to go on medicare. Cause fuck who knows if medicare will even be a thing then.

>futes

https://www.youtube.com/watch?v=0YuSg4mts9E
hipster market.

>>55228648
Just pay for your medical expenses out of pocket and stop giving your money to the insurance jew.

>>55228289
I just won 300 on the stocks
Lady Luck is smiling bro
I also spilled tomato sauce over my freshest pair of pants so Lady Luck is also a fickle bitch with BPD
You take the good with the bad, right.

NVDA back to $300 by end of next week. Hope you all have some puts.

>>55228706
I got a couple that are expiring tomorrow, are you telling me that I should use my opportunity today to roll those out into the next week with a lower strike?

>>55228706
Man it'd take something catastrophic to drop NVDA back to 300

>>55228784
like people realizing their quarterly earnings were complete mid and that there's no world where
"AI expenditures" grow YOY for 5 years straight theres an extremely short term boom today that might last a year at best. their valuation has gone full tard

>>55228648
>staying on the plantation after you retire

JUST
OPEN
THA FUCKIN
MARKETS
what is this NINE FUCKIN THIRTY
BULLSHIT
JFC
COME THE FUCK ON
FUCK

>>55228797
It was already full tard, it actually discovered a new level of retardedness.

>>55228835

https://www.reuters.com/business/autos-transportation/china-passenger-car-sales-jump-73-may-vs-april-cpca-2023-06-08/


mmmmmagnets

>>55225690
quick. up or down anons?

*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

https://www.youtube.com/watch?v=0wrsZog8qXg

>>55228885
The market could go up, down, or sideways. Bulls will be looking for momentum to the upside breaking key resistance. Bears will be looking for momentum to the downside breaking key support. Crabs will be looking for false breakouts that return to the center. If price breaks key support, prices could move lower. If price breaks key resistance, prices could move higher. If price fails to break, it will move sideways. Traders will be watching key levels next week for more information.

>>55228888
>10 seconds late
Not buying anything today.

>>55228910
fucking captcha wouldn't load

>market open for over 3 minutes
>ES still hasn't moved more than 5 points

fuck I just got quartered

>>55228919
>>55228888
Let's circle back to that exciting market open you were hoping for

>>55228900
Great advice, thank you. Will lookout.

>>55228928
We're getting a move at some point, and I'll be waiting for it

>>55228900
You could get paid to write that every day you know

DAX actually on track for another shitcoin day, LMAO absolute playingball for freemoney

DXY collapsing seems to be the big move so far today

Jew market

>>55228981
I own some dollars

Someone explain to me what’s going on in one syllable

>>55228991
jew

>>55228991
Heeb

>>55228991

>>55228991
snib

>>55228458
Hey fuck you don't associate me with that thing

>>55228991
Yid

Treasury bond chads we're back

bros im gonna build a shack house innawoods with no mortgage or debt (im about 90% cash needed and will have the other 10% around march of next year)
after i build this shack what other large cost purchases will i need in life other than a new truck every 10 years? Do i really just have 30 years of saving ahead of me?

Also im schizoid so dont give me any of that "having a family" shit

>>55229037
Wood stove, I reckon.

>>55229037
>what other large cost purchases will i need
Just make sure you put aside an emergency fund for something unexpected. Maybe you'll have an issue with your shack and you need to buy materials to fix it, maybe your truck needs an expensive repair, maybe the cost of electricity goes parabolic and you want to buy solar panels. There are a million different unexpected big purchases you could have to make

you dont know how short i am

6 months in the year gone. how have you done in the market this year?

pls respond anons

>>55229077
>how have you done in the market this year?
Bad. Still waiting in treasury bills and treasury bonds

STOP FUCKING CHOPPING

What the god damn fuck is this jewish bullshit

>>55229077
My equally weighted portfolio of AMZN, GOOG, AAPL, and MSFT has done very well. My options account (pic related) that I dick around with has been good too. I turned $500 into $50,000 in under 2 years with minimal volatility. Feeling nice.

>>55229124
excellent

mumu currently getting trapped on NQ for the next leg down

I guess I should slurp

Cool, more kike shit pumps

>>55229124
>I turned $500 into $50,000 in under 2 years with minimal volatility.
Impressive

>>55229083
im neutralish since didnt trade much this year.

>>55229124
nice job

I am going to kill myself

Crab rack city, bitch
Crab crab crab city, bitch
Crab crab crab city, bitch
Mustard on the beat
Crab city bitch, crab crab city, bitch
Ten ten ten twenty on yo titties, bitch
100 deep VIP, no guest list
T-Raw, you don't know who you fuckin' with
Got my other bitch fuckin' wit' my other bitch
Fuckin' all night, nigga we ain't celibate
Make sound too dope, I ain't sellin it
Bar fresher than a muthafuckin' peppermint
Gold lettermans, last king killin' shit
Y-young Money, Young Money yeah we gettin' rich
Got ya grandma on my dick
Girl, you know what it is
Crab city bitch, crab crab city, bitch
Crab city bitch, crab crab city, bitch
Crab city bitch, crab crab city, bitch
Ten ten ten twenties and them fifties, bitch
Crab city bitch, crab crab city, bitch
Crab city bitch, crab crab city, bitch
Crab city bitch, crab crab city, bitch
Ten ten ten twenties and them fifties, bitch

>>55229197

>>55229237
Lost a futures eval account because of this retarded market. Kikes don't want a move of any kind today so I end up getting chopped for $500

any cuckold bakers here??

yahoo finance is talking about melt up still lol

>>55229248
sorry to hear that.

>>55229037
Your biggest expenses will probably be postage for mailing suspicious packages to people.

>>55229147
>>55229180
>>55229182
Thanks anons.

baking

baking btw

>>55229284
ok you bake

baking

>>55229305
>>55229305
>>55229305
GET IT TOGETHER

/biz/tards, are you profitting off of the war?
What are the preferred stocks during this time of blood and lead?