/biz/ - Business & Finance

BOIL

there's just no fucking way
that this week will be green
prepare for a bloodbath
the worst we've ever seen

bullbros how come we cant stop winning?

>>55704354
I want to believe, poemanon
but, this rally has so much retard energy behind it

Should I just wait for the crash? It feels like everything has to come tumbling down eventually even if it isn't really soon.

Good morning, Bobo. Did you finish going through your little earnings reports and macro analysis?

As a noon who never shorted, what are the tax rules when shorting?
To my understand shorting means I borrow shares and sell, then at a later point i buy the same shares and give back.

When I sell the borrowed shares are there any taxation applied?

I understand any gains will be taxed, but what about the sell action itself?

Pro question: what if I short mlp, will the sale also trigger any special tax rules, such as foreign withholding tax etc?

>>55704354
this week, two weeks, two months, just too cloudy to predict *the timeframe* with any certainty, but...
>>55704382
profits shall surely soon be (((taken)))

I think SPY might retest ATH this week, then things get interesting.

Can anyone think of any possible reason I shouldnt buy calls up every strike price until 460?

>>55704442
Crab market

Baking.

I genuinely believe shit is gonna go down hard sometime in the future. I don't know if its this week, next month, two months, but it will. How can I be sure so I csn profit?

I cannot imagine a woman liking me

Imagine not considering telecom stocks at these levels. You must be a real uh N type of person.

>>55704411

>>55704481
Using the seasonal average chart, it will at the very least dip in September. But these aren't average times we live in. I recommend psychoactive mushrooms and divining star charts just to be sure.

>>55704481
two weeks?

>>55704411
a-at least I'm long commodities..

>>55704489
They are debtmaxxed. Look at a company like LUMN. Even their bonds are trading at >10% yield.

>>55704489
T has been absolute complete shit and will never touch it again

kek @ the boboposting ITT
we're gonna be green for the entire next week aswell

>>55704489
fuck yeah you just reminded me Gemstones is on tonight

SPY will crash into the floor but not before testing ath and thats one why im putting my entire options portfolio into calls for monday then as soon as they print ill use all the money for sept puts genius right?

>>55704565
chance of failure: 0%

does anyone have that pic of scoops' filing system?

https://www.youtube.com/watch?v=3tmd-ClpJxA

>>55704647
https://www.youtube.com/watch?v=k-ImCpNqbJw

>>55704343
so we just never crashing?

Hey so since no one is talking about stonkies, whats the deal with forex prop trading? Worth learning or a waste of time.

>>55704695
>stonkies
return to reddit and remain
Verification not required.

>>55704693
Im all in on calls so we crash monday then ath tuesday then collapse wednesday

>>55704706
>crash monday
>ath tuesday

>>55704705
I only just got reddit yesterday actually im not sure were else to talking about stocks since theres only one stock thread plus 2 meme threads

>>55704717
>admits being a redditor
>now stocks
we discuss STOOKS here, son, STOOKS.

>>55704710
Just a baby one to make my calls worthless

Anyways peace out homies im off to /pol/ wish me luck on striking it rich or your mother will die in here sleep

>>55704726
I dont choose my phrasing based on your opinion senpai that would be real weird take it sleazy negro

>>55704725
your already deserve beatings for buying calls at the top

>>55704725

>>55704717
Reddit is actually more intelligent when it comes to stocks than /biz/. The vast majority of /biz/ posters are schizo permabear doomers, reddit has a healthy amount of intelligent (bullish) investors.

Us printing money again, so you have to invest to not get rekt by inflation. Oil price will increase adding more to inflation. Need to increase rates even more which will break the middle class.

I think who ever wins next election will be having a tough time.

Side note, is it time to switch from tech to oil?

>>55704739
>buying
selling covered would normally make the most sense at this point, but i've seen far too much retardation over the last few months already and am seeing that the only thing that makes sense *now* are 0dte!

alright time to get drunk before monday comes and I have to work again

Alright. Wanna split my 401k. Should I just do 80/20 us market index and 20 percent foreign? Should I mix in any mid caps, small caps, emerging markets, etc? Not buying bonds until I'm like 40

>>55704758
The thing about oil right now that has me a little nervous is we still aren't getting the kind of supply draws you would expect after all that OPEC cutting. While I agree the price of oil should keep going up it feels like the slightest breeze will make everything shit its pants again.

WHEN IS THE NASDAQ FINALLY GOING ACK???

>>55704814
What are the main factors of oil price?
Is it opec and russia?
Or is it more driven by boom/ recession?

>>55704790
>100% spx

>>55704814
>>55704877
Global energy demand is down. Check China / Germany PMI trends as an example.

Where do you guys get your financial news? I need to read something better than fucking Yahoo Finance. Preferably not ad paywall garbage. Is there a HackerNews for finance?

Should I cosign for my sister to rent a place?

>Rent from her and husband like 7 years ago, rent is like $500/mo (still holds)
>About 4 years ago she divorces him and moves out, moves back in with parents
>Kids are back and forth every week, and ex-husband's child support payments are about what I pay in rent, so I can basically stay here indefinitely since I offset his bill
>Sister tries some business ventures and ends up bankrupt as of about 6 months ago
>Mom is getting tired of it, since the kids always end up making her sick, and sister needs to move out
>Sister's current partner is building a house but it isn't ready until the spring, and I get the slightest sense of cold feet from him

She's not great with money and likes to be social and have branded shit, instead of being utilitarian. But at the same time, she's family and I would want help if I was in the same situation. What can I do to protect myself, but still help out?
A one year lease in the area would probably cost about $18,000 which I can afford if things get fucked, but it's also morally incorrect to profit off family members

>>55704906
The Robinhood feed, TRADING ECONOMICS, EIA, and MSN Money other than here.

>>55704897
Is there a big difference between energy and oil demand? When winter comes and Europe freeze will it affect oil prices? Or that is gas?

I'm trying to wrap my head around oil and energy since i only got experience with tech

>>55704906
>>55704936
BTW, I should specify that one of the big reasons I like MSN is that they steal the paywalled articles so you can read them.

>>55704906
All fi news are paid to manipulate stock prices for pump and dump. And most are ai generated garbage.

>>55704937
Some ridiculous percentage of energy demand is fulfilled by oil, gas, and such, like 80% or more. Most energy demand is from industry.

>>55702911
wrong, they make it themselves you're thinking of those shitty craft distilleries that just repackage MGP bourbon/rye.
https://www.youtube.com/watch?v=-VscpKT7tXE

>>55704937
Yes & No. Oil is one type of base-load power. But it is near exclusively used for transportation energy and heavy machinery (gasoline & diesel). EVs are like 5% of commuter vehicles in the US.

Natural Gas is more exclusive towards baseload electricity generation and largely a byproduct of oil extraction, which is why they -tend- to move together but not always.

Oil being used for transportation and a plastics input is why it's more economic activity oriented than nat gas, which cares more about weather fluctuations for power usage. In general, humans exist to consoom energy. Lack of consooming and making consoomables depresses energy prices.

>>55704925
>should I put my credit on the for my fiscally irresponsible sister
Lol are you crazy?

>>55704925
She divorced so she's already morally dubious, and it is immoral for women to have jobs or run businesses.

I don't know what you should do about her, but if a woman isn't being taken care of by her father or her husband, you should start asking yourself why.

>>55704947
So where do you get news from?

>>55704936
Thanks I'll check that out. I've always hated MSN anything but I'll take a look

>>55705040
Buddy you're at the hot spot for stock news.

>>55704906
Reddit. :)

>>55704906
you know you can read any paywalled financial article on bloomberg etc. by typing archive(dot)is/ before the www, right? I need more booze aaaah

As a retard Bobo i am sick and tired of being all cash.

If the stock market collapses, would it also hit the emerging mememarkets badly?

>>55705120
How did I not know that? :(
I wish you had a patreon, because I'd give you beer money.

>>55705135
just invest in the nifty 50. The indians resisted the 2022 market dump like they resist residential plumbing.

>>55705158
its okay, I'm glad to help

>>55704906
investing.com
or bloomberg

>>55705163
I guess i will DCA 10% each month soonish

>>55704790
You the same anon from earlier today?

What trading platform do you guys use? Does it really matter at all? I use Fidelity, but boy, oh boy, do I wish it had live price changes like Robinhood. Verification required.

>>55705163
man so I am unironically interested in buying some NFTY 50, but all the large cap indian companies are corrupt to the bone and it makes me a little weary. I also really don't like the idea of holding TATA consulting or INFOSYS, I think those outsourcing style companies are liable to fucking explode in a disastrous fashion.

I want manufacturing, steel, food export... I wish I knew more about India's economy. I could be totally wrong here but you see the risk with outsourcing right? Call centers and cheap development is going to be replaced in the near future.

>>55705135
>As a retard Bobo i am sick and tired of being all cash.
What country are you in? In Canada right now you can get ~4-5% relatively risk free. There's a bank that gives 4% on a cash account (not savings, so no transaction restrictions), and there's also HISA ETFs that basically put your money in bank savings accounts and you get a good rate. I'm putting my spare cash into those kind of instruments for now.

>>55705232
It does matter depending on how many bells and whistles you want.
I use Vanguard, and it doesn't have trailing stops, or live data feeds, or let me buy leveraged ETFs, and options are kind of expensive (1 cent per share or 1$ per contract. And it isn't exceptional for bragging online about your cool gains as they fuck up their portfolio performance charts a bit. And no charting tools. But honestly I feel like these restraints have saved my ass when I was getting fomo-y as I am forced to practice some manner of risk management. One day I will move on from this though.

>>55705232
>do I wish it had live price changes
Do infidelity cucks really? No live data, even with 500k net worth and 10 years of experience they still deny your options application, how much more limitations can you take?

Guys, I'm not a NAZI, I bought this stuff 5 weeks ago and now I'm up 14.88%. Is it because I took advice from a white power stock board?

>>55704906
I read it inside IBKR, it can filter for stories related to your held/watched stocks, on the downside it's mostly motley fool and benzinga.

>>55705314
Yes kamerad

>>55705228
Yeah. I'm gonna break it up. But no idea if there's any value in anything other than just a regular 3 fund approach (except bonds, no point I am 28)

Is it really as easy as tailing unusually large options open interest and volume?

>>55705261
I view India as China#2 since China and the U.S. are laying that geopolitical risk on thick.

I have been trying to accept it doesn't matter if everything is fake and gay, until it suddenly matters, because not riding the fake and gay train has kept me from establishing real wealth. And with an index, if something fails, it will just get replaced. I mean you hold a lot of garbage when you buy SPY too. Then again nobody is worried about AAPL imploding to zero.

>>55705378
No. You have no edge there.

>>55705232
>I use Fidelity, but boy, oh boy, do I wish it had live price changes
Use the trading dashboard feature on fidelity, its more aesthetically pleasing and is live. It might be a beta or something if you haven't heard of it.

>>55704790
No. Stick with just an S&P 500 fund or a target fund (make sure the date matches the date you plan to retire). The important things are this; S&P your looking at 10% gains a year avg over the lifetime your invested. The Target fund your looking at 6%. So whichever you plan on doing you need to figure up how much money you need in retirement then scale your contributions to make it happen. Then as you get raises, jack your contributions. Even 5% adds up. Don't just put in the bare minimum the company requires. (Some it's as little as 50 a check). You'll only fuck yourself. Sure that'll add up but it'll be nowhere near enough when retirement comes.

>>55705378
large options interest + high 30-day IV, go short
large options interest + low 30-day IV, go long
report back to me in a month, i want to see if you lose money with my trading strategy like my retard friend

>>55705314
ummm YIKES sweaty that is highly problematic, I am afraid you will have to give back your gains or we will notify your employer.

>I'm not a NAZI
yeahhh I believe you.. NOT. Try investing in some... normal person stocks next time? Like SBUX? or LULU?? instead of those wierd gross incel ones???

>>55705232
>>55705278
>>55705305
I have Vanguard, Schwab, and Fidelity (in order of account balance). Boomer funds, and buy and hold ETFs in Vanguard. Play gambling in Schwab (all with SMG suggestions). And I've been buying 1 year CDs in Fidelity.

>pre-futures

>>55704790
I did my pension as 30% QQQ, 10% QLD, 10% RUT, and 50% VXUS.

>>55705450
I'm not clicking that Chang. kys

>>55704790
What the fuck fund are you in?

My target date fund has all of that and reallocates if needed with no input on my end

I can't believe there are people here in target date funds. Fucking gay.

>>55705314
ANTIFA has been informed about your new political status

>>55705413
Also new laws on 401ks mean you can let them grow before you have to take out any money at 75. So say you retire at 54. Your contributions stop then but since you've got other income sources you don't need to tap that 401 till your 75. From 54 to 75 that money is earning 10% more a year. Then at 75 you take your RMD. You don't need all that money. Your brokerage account is waiting. Divvy stocks (or an S&P fund) is a perfect way to blow your excess green. Keep in mind from 54 to 75 your still living the good retired life. 75 till your dead that only gets better (more green).

I’ve been watching more of those dividend fuckers on YouTube.

They’re investing in 40-75% yield ETFS and making like .50-$1 every month per share.

Have I been doing it wrong with holding mostly tech stocks that don’t pay shit

>>55705495
Kek
>a squad of out of shape trannies have been dispatched to your location

>>55705490
Well some companies that's all the retirement options they give.

>>55705490
It’s not bad anon. It’s in a 401k. So if everything in my brokerage account dies I can still retire half dead, live a few more years without working before I eat a bullet at 70.

>>55705509
>40-75% yield ETFS
look I don't even know which ones you're talking about. but that for sure is not sustainable.

>>55705509
Go all in on petrobras
>51% yield

>>55705519
Maybe asking the funds available in 401k plan to outperform spy is asking a little much, but generally they seem to offer something somewhat equivalent to VOO or VTI at least.

>>55705534
Look at TSLY 75% yield. They also have etfs on Nvidia, ARKK,Apple, and they added 3 more for Amazon,Google, and meta. Berkshire etf is soon

>>55705477
Well it rebalances to be heavier in bonds and non s&P shit as you age. I'm not sure I'm into that

>>55705554
hold the fucking phone
can you explain what you are talking about please
how is there an ETF on a single stock?

>>55705574
Prob cause having a lot of volatility when you’re older is fucking awful and can postpone retirement by years.

Just have your risky shit on the side in your brokerage. My 401k I want as safe as possible when I get older

>>55705580
There are loads of ETFs which leverage (+ or -) a single stock

>>55705580
https://www.yieldmaxetfs.com/

It’s a derivative of a derivative

>>55705592
sorry i didnt think of that. so these etfs are GOOG x 3 or something? (or bear leveraged etfs maybe)

>>55705314
kick ass, BLESSED
You might not be a NAZI, but you are definitely a fag for not having bought BOIL/KOLD/UNG dips.

>>55705574
Well the point to that is when your older you want to preserve as much of your fat wad as you can. Cause medical and other issues can drain you dry even if you have insurance. You don't want some surprise crash to wipe out half your wad do you? Hell your an old fuck by now. You don't have 20 years to let that shat build back up.

>>55705603
They sell synthetic calls and options on individual stocks and distribute the premiums. They don’t hold any stock the fund is based on

how did Barbie go last night?

>>55705735
It was a very interesting silent movie with Gnostic/Kabalistic commentary. It had an all male cast which was weird.

>>55705599
Id stay away from OARK tho. Mostly because ARKK is ran by a woman who has a poor track record. And is a woman

>>55705735
The video quality was terrible
The audio quality was terrible
It was full of ads for Brazilian(?) online casinos
The movie itself was aggressively schizophrenic, and not in a good way

>>55705735
An important movie with an important message about how women cause conflict and wars and then never take responsibility for anything they do.

>Futures

>>55705753
>The video quality was terrible
It looked breddy gud on a phone screen, at first I thought it was a leaked screener copy but then realized it wasn't. I normally use laptop, phone sucks.

THIRTY
MINOOTS
FUTYAAAAAHS

>>55705232
Etrade pro is love, etrade pro is life
But morgan stanley is probably going to ditch it next month.

Post your profile picture on your brokerage profile

i will make so much money it will be unreal

>>55705887

>futures

>>55705887

>>55705232
I use E-Trade.

>>55705870
I'm scared about the transition. I also like my account number and am sad we're getting new ones. Do you think they'd laugh at me if I emailed them asking if the last four digits of my new account number could be the same as my current account?

>>55705232
Robinhood. That 4.9apy with no bank transfer fees is great.

Is there a dummy's guide to doing financial analysis on whether or not to invest in a company that's in the pure research phase with no revenue? I found a company in med tech that is building a surgical robot. They have zero revenue and are purely in R&D + "get FDA approval" mode right now:
>https://investor.vicarioussurgical.com/news/news-details/2023/Vicarious-Surgical-Reports-Second-Quarter-2023-Financial-Results-and-Announces-Clinical-Plan-and-Regulatory-Intent/default.aspx

The share price seems quite low, and I don't know why it hella crashed in 2022. It seems like their system is novel in that it is appreciably smaller (10-15mm entry incision vs 25mm) than competing robots and has more DOF for movement inside the patient. It is also said to be much cheaper than competing systems... having trouble finding more information.

Either way they claim to expect an actual patient trial in mid 2024, and $1B/yr rev. by 2027. So if I pick up some cheapies ($1.64 / share rn) what are my risks?
>FDA rejection
>cash burn rate seems high, and they run out of cash before being able to raise more
>acquisition at a low price by bigger company

>>55705887

ASTS bros...we slurpin?

>>55705962
It’s all risk. Anything to do with medical or biowork is all speculation.

Fundamentals don’t mean shit with speculations

>>55705964
whoops, that's my wAIfu, this is me

>>55705962
ALSO THE ROBOT LOOKS LIKE A LITTLE CRAB

>>55705232
all of the chad traders here use Robinhood, all of the virgin invoosters here use Fidelity, Schwab. the fags use Interactive Brokers. E*TRADE is breddy good for those who are not fags but not quite based enough to be chads either.

>futures
wakey wakey

>>55705978
>Fundamentals don’t mean shit with speculations
Then how does the market decide on its value? (not being snarky)

>>55706001
The market equivalent of consulting a ouija board.

SEVEN
MINOOTS
FUTYAAAAAAAAAAAAAAAAAHS

>>55706001
If they write a decent plan they can get money.

Penny stocks are like crypto. If a company writes a decent white paper they stand out amongst all the shit. I would take a look at the owners of that shit and dig.

If they don’t have any phds, extensive research papers, credentials, relevant experience, I would dump that shit.

Srlsy tho. These medical bio lab shit stocks are releasing all the time and fail or never go anywhere and in need of constant funding

>pre-futures

HOLY FUCK FUTURES LEAKED EARLY CHECK CNN

>sitting on SOFI calls
>earnings premarket
sure is comfy in here.

Is it true that companies are trading stock after hours amongst each other for discounted rates in order to fuck over retail?

>>55704349
>>>55704189
Just the over all down trend to it but I am genuinely curious what you see in it.
Once in a while there are some gems here.

>futures

>>55706001
It finds a balance between supply and demand.

>>55706040
>These medical bio lab shit stocks are releasing all the time
its weird to me that this company is public, that they didnt get all of their needed funding from VC.
i am highly sus but the robot is so qt

>>55706001
It depends on what it is. If the drug is for some super deadly thing and it passes all the trials and FDA then you can be a rich fuck from it cause that company can basically charge whatever they want for it. More likely though by the time the trial gets to stage 3 or passes FDA Big Pharma will have bought the company. Same outcome though; your sitting on a fat wad. The downside; getting a drug to stage 3 and beyond is a long waiting game. A costly game at that. Reverse splits, offerings, insane stock price swings all happen during this period. The company dying is also a risk cause these drug trials/experiments cost a shat load.

>>55704484
what did he take?

>>55706070
you can't get a read on it by comparing now to the mountain it just came down from this last Winter, but you need to learn a lot regarding the seasonal cycle (including injection season, heating season, summer ac driving powerburn season, etc) and a plethora of other shit including the curve of the futures contract quotes spanning the months ahead, and EIA projections, to start seeing the long expectation. You have to work it on all the dips and rips, building the position over time, knowing what the exit target is (mine is Oct when BOIL is on the Jan contract, which is the projected Winter peak), and watching it daily to learn its behavior/habits, ranges, etc. Or you can just take the easy, far less profitable route of maybe buying around $60 and selling around $67 or so (figures will change as the season progresses, and watch out for the contract roll 2nd week of Aug).

>>55704512
Kek, the one where she is showing off her braces really looks like les

>>55705962
No idea, but I went for CMRX instead of SIGA when mpox was making headlines. They have an active drug that works for treatments, even if it causes bad liver damage (and Canada recently bought some which gave the company another year or two to exist). They have a cancer drug in the pipeline for december

>>55706092
You have to watch for "Moral Crusaders" to. Example: Little company called ARMN. Had a drug to aid you in preventing heart attacks. Big money maker. Heart attacks is a major thing. They passed FDA. You'd think you'd be sitting on a fat wad and the company would be on smooth sailing. Nope. They fucked it all up. They rejected Big Pharma. No surprise later Big Pharma struck back. After all they couldn't let the upstart company take away profit from them now could they? So now the ARMN company is circling the drain and the stock is in the deep shat. Moral of story; Get your wad (I did) and bail if the company's board doesn't take the suitcases stuffed with money Big Pharma hands out.

>>55705466
Don't worry, it's funny.

>>55706092
>>55706205
its a robotics company, not drugs
but doing some more research i become more skeptical. theres an ex sr.eng who worked there taht says the company is going to run out of money before they get FDA approval, and that they are woefully unprepared / not even close in terms of design for actually getting to the stage where they can sell these to hospitals.

will just add to my watchlist and do some research if something changes (ie, more evidence to support FDA approval with fast timeline, big cash injection from somewhere) but right now i think ill hold off.

>>55706057
>LE FUNNY CAT POST XD

>>55706402
dial 8

uh... Bobobros?

>>55706118
Cyclical for the win I'm game to play with this a bit.
Thanks anon. Of the 3 which is your fave?

>>55706402
>shitskin detected
I bet you can't drink milk either.
>jannies, something something SPY SOXL financial advice

We're gonna shoot past 4600 this week, and no amount of copium from bears is gonna stop it

>>55705890
You about to lose the bonus I just made. Poor Bobo

>>55705675
>They sell synthetic calls and options on individual stocks and distribute the premiums
You know I've never understood why these ETFs exist. I can see why leveraged ETFs exist those are cool because you still have leverage but not the theta decay of long options, but how do covered call/synthetic cover call etfs keep their price from getting obliterated long-term? At least when you run traditional covered calls you can bag hold until the stock recovers but if you're continuously selling calls you're going to lock in any losses as your short call will cap any recovery made by the underlying. I suppose a short put strategy would be slightly better but if you're continuously selling puts you're still going to piss away capital if the stock goes on a long-term decline.

>>55706444
Stop, you're going to get CRBPajeet all worked up and he'll sperg out over white people.

>>55705232
I use chase and I don't see why I shouldn't

$4000 to spend, what do I buy? So far on this board's recommendation, I have bought META and LMT

>>55706444
>le cat are le funny!
go back.

>>55706566
Give me the money and I'll make you more money trading than you ever could for the low fee of 2%

>>55706566
APPL

The market predictably crashed right after I bought calls but I held and we are so back

>>55706592
when are you videoing?

>>55706618
In a bit. On my way back from Ypsilanti. It was my brother's birthday. So we all went out to dinner.

I'm about 14 days behind on Snydurr videos and they're so funny to listen to as he makes it sound like everything should've collapsed twice or three times by now.

Maybe it's time for him to admit that he's just not as smart as he thinks he is.

>>55706510
Jesus Christ that nose. Probably as long as her toes.

>>55706644
CRBPajeet likes his women old. Like REAL old.

Kek! Tic tock baggies are you going to make it through another round of earnings?

>>55704552
Judy Gemstone would get it

>>55704489
What's the better buy T or VZ?

Divie stock with 75% yield

>>55706435
Well, BOIL is easily the favorite, but KOLD is seriously kick ass. When BOIL rips beddy gud I start buying KOLD and then sell the KOLD on the next decent BOIL dip. After the Oct (Jan contract for BOIL) peak I'll start slowly flippin' that script and working more into a KOLD bias as it rides back down into the Spring/early Summer trough, and will buy BOIL on KOLD dips and sell it on KOLD rips. Right now my primary mode is *buying BOIL* as cheaply as possible on any good enough dips, and absolutely do not want to sell any BOIL until Oct. I also more casually buy UNG on BOIL dips and am willing to sell it on decent enough rips. Let me know if you need clarification on any of this, it might seem a little complex but it's actually very simple once you can see the mechanics between the 3.

>>55704565
Do it for October/November, that's when people are going to understand that student debt isn't going to be paid back and it's not any different than shitty mortgages especially if bankruptcy is instituted normally and not jewed to pay back banks. Hell I bet another goes down tomorrow markets are forward looking after all

>>55706722
I'm not sure why people are so worried about the student debt. The repayment amounts are going to be miniscule for most people.

>>55706435
I should add, I'm not, nor do I personally recommend the "all in" at one price point type on this. I start my seed smallish and add to it conservatively as I see what medium short term ranges it's moving within. If you go in too heavy at one price point, unless it's a really good low one then you're definitely going to see some bag holding that you have to not panic from (assuming you know you're in a place in the cycle that it's going to recover and go up further from). ALWAYS KEEP SOME FREE CAPITAL FOR AVERAGING DOWN ON DIPPARINOS. Unless of course you fully understand the risks, and have a reasonable grasp of the price you're buying at and what you'll likely be able to sell at, then, GODSPEED. I think my long term thesis will outdo most all in plays though, from this point in the cycle onwards.

>>55706629
Tell us what you ate

>>55706776
Where my fubo bros at?

>>55706776
Christ... I do business with some of those companies

>>55706776
I'm shorting some of these companies

>>55706776
wont somebody think of the businesses I do business with?

AI Winter ahead. Just need the new "BIG THING" to appear. My guess is superconductor memes or life extension memes.
The AI Summer of Autocomplete v3.0 is nearly over.

>>55706777
Went to a restaurant called Maiz. It was super hipster. Like you had to scan qr codes to see the menu. I got the enchilada plate. It was good but wouldn't go out of my way to go there. Don't know why the place gets so much hype. They had a black lives matter sign in the window which was disgusting. Frankly I prefer a place in Adrian called fiesta ranchero. Way better food, bigger portions, and cheaper. It's also ran by authentic illegals which is a nice touch. I'm pretty autistic so I devoured my good in like one and a half minutes and had to sit there awkwardly as everyone else took 20 minutes to finish their food. I just nervously laughed and said I was really hungry, but it's just instinct to try and get away from normalfags as quickly as possible.

holy fuck bearfags are going to get absolutely destroyed this week

>>55706825
>ungodly sums of money was thrown at spicy autocomplete

>>55706826
I meant tell us in your video, but ok thanks

>>55706846
Oh... Well cats out of the bag

>>55706776
Thursday earnings are going to be a big deal for the price performance of the Nasdaq 100.
Amazon and Apple are in the top 10 constituents of the Nasdaq 100 index and their earnings will have a major effect on its price direction.

ABOUT
FITTEEN MINOOTS
TILL UNG
IS LIVE AND TRADABLE
(FOR HOOD CHADS)

>>55706832
>ungodly sums of money was thrown at spicy autocomplete
Yes and before it was web3, crypto, "creator economy", "internet of things", etc.
Venture Capital exists as a way to misallocate excess capital. Basically transferring money from one pension/wealth fund to another and taking their cut in the middle for doing it.
There is next to zero domain expertise in VC (or PE) anymore. It literally is just chasing rallies/trends.

>>55706826
I do that too (eat fast and look for the first get the fuck out of there I can grab). Back in the 90s this one motherfucker told me "ain't nobody gonna take that food from you hoss".

I feel sorry for people who trust a buffoon like Elon Musk. If I were jewish I would short the shit out of TSLA.

>>55702144
>>55704075
>>55704232
What stocks are in the /smg/ paper ETF?
CLW, IP, KMB, MATV, MERC, WRK, WY

Are we doing equal weight or market cap weighted?

>>55706880
>buffoon
>richest man in the world

>>55706880
Agreed, but holy shit does a lot get accomplished even more despite of him than the because of. Somehow it all just works, he's the money man and tends to attract those who can actually do. And, credit where it's due, a substantial enough portion of his vision is relatively good directions to move towards within the context of our reality as it is (as opposed to ultimate actually best ideals).

>>55706906
he's gonna be bankrupt within the next 10 years

>>55706906
*richest man in CLOWN world

>>55706776
Any SOFI buzz?
The loan payments starting up again must be a good thing

>>55706862
rofl remember 3D printing?

>>55706826
Fatfuck

>>55706907
Ge is and always has been a snakeoil salesman. Once his luck runs out it'll be over very quickly

>futures

>>55706908
(You) have more of a chance of being a billionare than he does of going bankrupt.
>>55706910
sure...changes nothing.

This week is the dump. 7 month bull run in a fractured economy with endless inflation, depreciating outlook on life, poverty and near collapse of banks and multiple businesses makes no goddamn sense.

>>55706927
Let's make a bet. If I win you have to cut your dick off and eat it!

>>55706901
Tsly,nvdy,Klip,OARK

If the stock has under a 40% yield it can fuck off. Gib money

>>55706916
Hey fuck you little lanklet chud. You wouldnt be calling me a fat fuck if you were here in person because Id split your bussy open like a coconut.

>>55706935
lol did you purpose that because youve already chopped your dick off?

>>55706941

>>55706946
No if you win I'm just gonna be a billionaire

>>55706923
maybe, but SpaceX rockets that can self land and be re-used is now a permanent accomplishment that will only get better and better, and make space flight and cargo handling less and less expensive. And, despite the present issues with EV, that's going to only get better and better as well, and the issues will largely get worked out. For instance, you won't always be able to criticize them based on the fact that they still require traditional energy sources for charging, a very temporary state of affairs.

>>55706955
Go for it, short TSLA if you want.

Bogletards are fucking pathetic.

we are going to continue pumping for the next two to three weeks at the very least. exit your shorts, bobotards. there is just too much energy behind this rally.

>>55706752
It's the straw breaking the camel's back type of situation. Normies are absolutely retarded when it comes to debt. Rather than considering the cost of whatever they're buying, they purchase based on if they can afford the minimum interest payments for it instead. Which do you think is more common, normies being prudent and putting their student loan payments into savings this whole time or using their freed buying power to get more shit? The student loan payments will only be a few hundred a month, but that's on top of credit card balances and rates at ath, average car payments skyrocketing, and food and energy being much more expensive than in 2020. Each is individually manageable for most households, but cumulatively can cause real strain on the consumer.

>>55706713
PBR

>>55706976
Thursday determines our fate

>>55706962
Ask yourself what does this megalomaniac scientist want with twitter and how do delusions of grandeur usually end. He's like napoleon. It's all going up in flames in the end.

>>55706934
mumus are being fattened up for the slaughterhouse

>>55706952

>>55707006
Femboy?

>>55706638
I have such a hard time paying attention to his videos. I can’t tell if he’s big brained or some kind of imposter.

It’s never going to dip, is it?

>>55706998
he's much worse than that. his AI work is contributing to the building of our artificial god, and he's working on the brain chip to interface us with it. he's a type for (though not *the*) anti Christ (and stepping stone towards *the*).

what is it called when the market puts a hard ceiling on something accurate to a fraction of a penny?

>>55707057
jews

>>55706998
>>55707045
He never wanted twitter and his Ai isnt working. The guy is a megalomanic conman

>>55704753
Too bad they are filthy equality believers and thus not people

>>55706998
He bought twtr basically just to maintain control of the narrative. If they try and cancel him he will have a harder time maintaining his brands. But thats just a side gig.

Soon he will have a huge share of the internet market. No one will be able to compete with his ability to launch and maintain satellites. And whats next? satphones.

>>55706764
Appreciate the breakdown and the rough cycle timing anon. I am going to do a little backtesting on it tonight see if I can find the best entry/exits/timing. The plan seems well thought out and it's not like the product is going away anytime soon. Again thanks anon this seems better than your average /biz plan.

>>55707080
He was sued into buying twitter. He literally didnt want it. And now he is stuck.
He paid almost 50 billion for it and its losing money left and right.

>>55707038
>It’s never going to dip, is it?
As long as the POTUS is from team blue, no retracement larger than 20% from ATH on the S&P 500 will be allowed.

>>55707080
he is taking resources from others. He's not doing it for us but just for himself. To win the "game".

>>55707082
>backtesting
not going to work, present circumstances are essentially unprecedented due to the Russian aspect (including the pipeline destruction), and record storage levels as a result of the Russian aspect. Prices are the cheapest in forever right now due to unique circumstances that are going to re-balance relatively slowly.

>>55704442
do it just make sure they are 60-90 day calls. keep em a month and see what happens

>>55707089
He didnt want it after he found out the price was artificially inflated because of the bots.
>>55707096
>he is taking resources from others.
what does that even mean?
>He's not doing it for us but just for himself.
...who said anything was for us? imo hes a capitalist he does it because it makes him money and he has fun doing it.

>>55707082
about the best tip I can give for starting to learn to see the picture is to look very closely at the 3 month BOIL chart, internalize the peaks and valleys, then look at the futures contracts curve:

https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.quotes.html#venue=globex

then start looking at the EIA projections:

https://www.eia.gov/outlooks/steo/

>>55707113
>He didnt want it
Exactly
>it makes him money
He doesnt
Hes losing money left and right

>>55707113
I mean that he's for example shooting fireworks in the sky (and sometimes lands them) for his amusement only while telling everyone that this has a great purpose for humanity. Wich is a lie.
>imo hes a capitalist he does it because it makes him money and he has fun doing it.
I said he's going bankrupt. So he's a bad capitalist imo

>tfw the uranium bulls end up being right
What uranium stocks am i buying on open?

>>55707093
I doubt the team truly matters
Both sides love running up the debt and subsidizing pharma and military

>>55707159
Bullish for CCJ

>>55707164
But team red are the designated cucks that gets dunked on over and over again.

>futes

>>55707127
>it makes him money
Oh you were being specific to twtr. I meant just in general. Yeah twtrs probably loosing monies now but that doesnt mean much of anything.
>>55707133
>while telling everyone that this has a great purpose for humanity.
Well of course he does, its very rare to find the corporate vampire that comes out and goes 'yeah i fucking love monies.'
>I said he's going bankrupt.
Yeah but no, no hes not.

>>55707164
the fact that one team is always on some FDR Great Society Bullshit and the other is the only one that has ever cut my taxes is enough of a distinction for it to matter.

>>55707180
Do you get paid by him, you creep?

>>55704753
plus they have loads of GME bagholders etc lmao

>>55707180
>Yeah but no, no hes not.
You need to get into your cybertruck and go back to X.com

>dollar goes green as rally fades..

>>55707190
Nah, just bored and pointing out the stupid on the board.

>>55706776
Really hoping SOFI gets its act together. Start pulling out the meme AI words if you have to.

>>55707003
They’re fat enough, the gigahappening in stonks is going to happen this week.

>>55707082
Oh, VERY FUCKING IMPORTANT.
Every other month, starting on the 6th business day of the month (actually starting after hours on the 5th but functionally on the 6h), BOIL rolls contracts, selling the previous, buying the new (as a fund). Right now the whole shit is in a state of CONTANGO, which is essentially the spot prices being lower than the futures prices and all this other shit that makes the contract rolls in and of themselves somewhat bearish for the ETF in and of itself. There tends to be relative DIPPARINOS during the rolls, and so far a tendency to come out of the roll spiking upwards. BUT, all of this effect is also going to be potentially tempered by the macro conditions (including heat waves causing ac usage to spike up powerburn). Next roll is coming up in August where BOIL will roll from the present September contract to the November one. Then, in Oct it will roll to the projected peak of January. Understanding this mechanism is essential to strategy which includes watching for buy points (not necessarily entry, just buy). As for entry, I really just recommend going the fuck ahead. Buy ONE share, TEN shares, whatever, just a small amount, and start adding to it on dips relatively to the size of the dips. To my mind right now, $60 BOIL is the floor that I relate everything to, and $65 is the floor of the second story. Obviously below 60 is the basement, and it's always a blessing when we dip into there.

I remember seeing a Yellow Freight truck in kindergarten while in my parent's car and being outraged because that is clearly orange, not yellow.

>>55707209
Point stands.
Musk didnt want Twitter
He stupidly paid close to 50 billion for it and its going broke.

>>55707159
I didn’t know they could stack mud that high.

>>55707122
Checked and good enough for me to dig on
Time to set bot alerts

>>55707233
lol no, no it doesnt. He obviously wanted twtr. and he was fine paying the price considering he set it, you tard.

>>55706968
Hey I just learned about this term when I was researching bonds. Whats up with this squad?

>>55707257
Thats why he tried everything not to buy it, you cocksucker

>>55705163
hi so im looking at the NIFTY 50 and there are US and CAD ETFs that track it. Looking at the NYSE:INDY ticker, you can see returns aren't that great over the last five years. If I look at the growth of NIFTY 50 directly the returns are great.

So then I looked at the conversion between USD and INR and indian rupees have declined in value over the last five years. From a low of 70 INR/USD to the current 80. I'm not sure this is enough to explain the difference though.

Thoughts?

>>55706998
>>55707061
>>55707089
>>55707233
Its called X fags

>>55707267
>everthing meaning nothing
cool story, retard.

>>55707257
He tried so hard to back out of the offer, and was forced to buy it via the courts. He was probably drunk when he made the offer.

>>55707276
yeah can't wait to let Elon handle my banking with X

>>55706638
He makes it pretty clear stock markets have little correlation with macro conditions. Dont put too much weight on macroeconomics, youll miss out on valuable gains.

>>55707281
He wasnt forced since it never hit the court. He just went fuck it and did it anyways.

>>55707293
>he wasnt forced
Yes, he was

>>55707271
pretty much just this chart
a good catch. The rupee does nothing but continually devalue itself against the dollar.

>>55707303
How can he be forced if it never went to court?

The whole Musk/Twatter thing will be talked about for decades as what not to do when you buy a company. Think about that. Your living through history in the making right now. Hell the whole point of twatter is no more. The logo, the brand, its all gone. So Musk basically shelled out 50 billion for just whatever the software is that makes twatter run. Cause that's all that's left that's worth anything now. The name's gone, The brand's gone, The logo is gone. What's left? Just the software.Most of the employees got fired so yeah.

>>55707312
Because he was going to lose

>>55707319
>he doesn't understand that it's not about the money, it's about freeing the public square and thus public opinion from being manipulated and controlled by the corporate elite
Lol.

>>55707338
Musk is a corporate elite

>half the thread is autists arguing about what flavor another autists dick is
Elon is a meme that turns other people into lolcows like you two. Nothing more, nothing less.

Musk glows. Even I can see that and I’m retarded.

>>55707367
>Elon is a meme
A meme that is going bancrupt

>>55707343
Lol. You really think this. When Gates had a billion dollar short on him. No. They all hate Musk.

>>55707307
If pajeets would liberalize their economy they’d export trillions and have viable industries. Currency valuation doesn’t matter if you aren’t first world.

>>55707381
Do you believe everything Musk says?

>japan announces unscheduledbond buying operation

>>55707408
Oh shit

What’s it mean?

>>55707408
>government that constantly, relentlessly buys bonds will buy bonds

>2023
>there are still bogletards
lol

>>55707444
It’s worked before
Therefore
It will continue to work
Qed

>>55707414
Qe

>>55707398
No. Of course not.
But I know that if someone has pissed off Bill Gates enough to where he has placed a billion dollar short personal vendetta against them, that they must be doing something right.
The enemy of my enemy is my friend

Hey, kids, it's me. I bet you thought that I was dead. But when I fell over I just broke my leg and got a hemorrhage in my head. HA HA HA.

>>55707453
Youre only proof of that is a tweet by Elon Musk
Cocksucker

>>55707474
The only proof anyone would have of it is hearsay as gates uses a family office for his positions as does anyone worth real money. I don't dickride him or musk but you're being retarded asking for proofs.

>>55707307
almost feels like investing in india if you arent indian (or have a large amount of indian rupees sitting around) is just a bad idea?

>>55707491
There is no proof, youre talking out of your ass
Musk has lied his ass off for years

And "X" will be "half the worlds financial system" or whatever shit he comes up with

>>55707408
That 0.5% YCC target won't meet itself.

>>55707414
new ath soon

>>55704416
Go back to iFunny you stupid NlGGER

>>55707414
forex sissies getting liquidated.

>>55707367
A meme that sends niggas to space at relatively affordable rates and has the first breddy gud satellite internets, niggerfagtard.

>>55704790
Just buy market weight. VT is the easiest you can just ignore it and own fucking everything.

alot of people like to underweight international stocks but their pe ratios are near small caps and value

>>55707681
>own everything
But most companies in the world are trash

>>55707702
A stock isn't a bad investment just because the issuing company is bad.

>>55707702
ultimately it's still full of people that wake up every day to make a product or service on which their income depends.
plenty (most?) are shitty and basically just keep up with inflation. you buy everything because most returns come from a few moonshots.

>futyahs red

>>55707414
It's raining yen! Hallelujah!
https://youtube.com/watch?v=l5aZJBLAu1E&pp=ygULcmFpbmluZyBtZW4%3D

>>55707747
That's not true though alot and I mean alot of stocks exsist solely to enrich the executives at the pain of shareholders. Most companies ultimately fail. And alot of companies produce an amazing product or service but that does not make them a good investment.

>>55707777
CHEGGED

>>55707754
The stock market isnt real.

Someone bake
Not posting the new update in a dead thread.

>>55707753
>PGJ

BAKE NOW!!!!

NEW

>>55707954
>>55707954
>>55707954

>>55706752
It's really how the loans were treated during the pause too. And good luck selling that debt btw, pennies on the dollar my nigger would you buy it?

>>55707319
>so yeah
faggpt

>>55707057
efficient