/biz/ - Business & Finance

If jpow does the needful and forces a recession the CRE bubble will finally pop

>>55727390
you ever just want to put your penis in food like that kid from American Pie? That looks like a nice cake. I totally would.

My gf is taking the MCAT this week for becoming a surgeon or some shit.
Should I dump her if she fails it and can’t become a doctor?

>futures

>>55727415
why the fuck didn’t my picture upload
is my phone fucked

Can everyone please stop posting lewd women. I have a wife and it would be adultery to lust after women while I try to learn about money.

Credit downgrade is bad. Ignore this at your peril. The hook looms.

repostin'
>Can I get some opinions on YieldMax ETFs?
TSLY, NVDY, OARK, GOOY, APLY
etc

GOOD NIGHT NEEGAARS
I HAVE BOIL/UNG/& LIMIT ORDER ON KOLD

Reminder last credit downgrade we dropped -3% during market close and a further -3% during market open

>>55727415
give her the benefit of the doubt and let her run through 3 tries first. Pearson has statistics on how the more times you fail a test, the less likely you are to pass subsequent tries. The numbers for my PE exam were extremely depressing. Like if you failed twice you might ass well crawl up your own ass instead of hoping to get your stamp. If she goes nurse route, odds are she is going to wind up working in a nursing home, and get paid complete shit for it. Nursing homes are the nurse dumpsters.

R8/H8 my own fund.
could use some suggestions. i just threw this whatever together I thought might be good. looking for hyper growth/divvie mix.

>>55727430
how much premium do you think yields will be forced up by this? Some institutions will have to decrease their concentration of US debt because of the downgrade right?

American Superconductor ticker is now a no-no word oopsie

Jannies = Axe wound trannies

>>55727448
terrible sell everything and buy VT or short term treasuries

>>55727415
Am medfag. You're literally never going to see her until she finishes residency and the relationship will probably fail. If you do get married then you're looking at six figures of debt that you can't declare bankruptcy on. I'd unironically go the PA route as she already has her pre med degree which covers the prerequisites. CRNA is nice too but she'd need the RN degree first. Perfusionist is a cool job too.

some anon mention CTNT in the morning and I bought some, now its up 108% . Thanks Smgay

>>55727448
Too many holdings.

good luck idiots

>>55727449
>how much premium do you think yields will be forced up by this?
I don't know. Yields are kind of a mystery to me.

>>55727416
>dedollarization is already accelerating
>now America takes a credit hit

>>55727448
You'll fail to beat the index with that.
>No oil
And you'll fail to earn our respect.

>""""free""""" market
>need $1.5 billion in capital to trade after hours

>>55727422
Sell puts on soxl and use the money made to buy oil.

>>55727492
>Sell puts on soxl
SOXL is still going to $30.... right?

>>55727448
Not great/10
Get a growth index fund (like VOOG) and a dividend fund (like SCHD). Easy peasy. You can also go the dividend aristocrat route if you want to hold individual stock.

>>55727468
i don't see anything wrong with it. the more i add the more it looks like an index fund.

>>55727486
i dunno man. whats the benchmark? already at 6.72% in 2 months

>>55727415
From what I've read a doctor just starting out is basically worked to death, on call 24/7 type shat, and generally never see anyone or hell even leave the hospital except for short periods. By the 4th year if they've not died from overwork and stress and if they've passed muster the workload kinda slacks off a bit. The good part is the money is decent. But this all depends on where your at. Some small ass hospital in bum fuck nowhere your more likely to be bored to death sometimes.

>>55727518
S&P is up 8.5%. Plug all that stuff into https://www.portfoliovisualizer.com and use one of their benchmarks (usually S&P or Nasdaq) to see how you do.

>>55727510
nah. i prefer to weigh my own fund rather than buying funds with safe picks.
look at this shit. VOOG is just apple,msft,amazn,nvdia, and google. thats the most anti /smg/ play.

>>55727561
you say that as if all the surviving members of /smg/ aren't holding those very things

it's our time now

>>55727547
i'll definitely gonna check this out later. gonna shower and hit the bed. thanks

>>55727531
>The good part is the money is decent
I think I’m already making more money than she will ever make ever make even if she becomes an actual surgeon

>>55727570
haha yes

>You lived your life for a female broker. You gonna die for some SKYT puts?
>Someone is.

>>55727468
Not at all. A solid portfolio should have about 40 holdings.

I don't even know what a "Treasury" is, give me one good reason I should care about it getting downrated?

>>55727561
VOOG is up 25% YTD with an IV in the same range as SPY. That's positive alpha with minimal volatility. And a holding the trillion market cap companies (AAPL, GOOG, AMZN, etc) will probably outperform 99% of anons here over the next decade.

buddy VIX futures

>>55727626
But I thought VIX was kill.

I need AMD to go to 130+ what the FUCK is this weak ass limp-dicked pump

>>55727637
AA+ credit rating fucked the dick pump. my cock was hard and throbbing before that shit turned me off

>>55727632
apology for poor english

when were you when VIX dies

I am at home buy QQQ calls when broker ring

'VIX is kill'

'no'

>>55727651
Is that the ghost broker some anon used to post about all the time?

>>55727572
Be careful though. I had my own portfolio that I backtested, which beat SPY/QQQ almost every year. Problem is I started investing in it this year, the year that it failed miserably against it. Always remember past performance does not guarantee future results.

>>55727646
Saw that. The articles were seething
>FACTUALLY INCORRECT, STRONGEST ECONOMY UNDER BIDEN BAAAAW

>>55727637
Werent the earnings fucking pathetic?

it's always jews this jews that with you people

>futures

https://voca.ro/1lc2TEoGEFjJ
https://youtu.be/X-f4im0PeUQ

Unless amzn and apple beats earnings, markets are FUCKED

>>55727651
>no
Yes

lol why are futures red? such dumb shit

>>55727651
Thank you for posting this

>>55727729
who you calling "you people?"

>>55727743
Somebody's treasure got down traded by a man named Finch apparently?

>why yes, I am a PLTR investooor, how could you tell?

>>55727729
Thats very interesting, but:

Let's see what happens when you apply basic math to the holocaust...

Jews now claim 900,000 jews were gassed AND cremated at Treblinka 2... down from the multi-million claim of the Nuremberg Trial.

https://en.wikipedia.org/wiki/Treblinka_extermination_camp#Death_count

Treblinka was open from July 23, 1942, to October 19, 1943.

That's 453 days... that's 10,872 hours.

900,000/453 = 2,000 jews were gassed AND cremated PER DAY if it was magically running 24 hours a day 7 days a week while Germany was fighting for it's life in a 3-front world war.

4,000 gassings AND cremations if running 12 hours a day, 7 days a week.

It takes 2-3 hours to cremate a body with ultra-modern crematoriums.

https://www.acremation.com/frequently-asked-questions/#long

2.5 hours X 900,000 = 2,250,000 hours

A body leaves behind around 7 pounds of ash, the size of a shoe box.

900,000 x 7 pounds = 6,300,000 pounds or 3,150 tons

http://sturmfh.com/34/Cremation-Services.html

Roughly the size and weight of 40 Blue Whales

All buried in this tiny corner of the 33 ACRE CAMP.

28,800,000 teeth.

243,000,000 bones to leave ash and fragments.

Never to be found again.

For reference, New York's central Park is 843 acres. The Mall of America is 67 acres.

>people can't afford to have children
>people can't afford to buy a home
>people can't afford to buy a car
>people can't afford to buy groceries
"WE NEED TO PROTECT THE JEWS";,

>>55727651
but who was phone?

>>55727441
was thinking the same, already had a small amount of the tesla one, the ark one and the apple one. only like one share in each. this week just dipped into the nvidia one, the amazon one and the google one. realized there was a facebook one so I jumped in there as well.
I dont think there is a better publically traded comapny than google. evil as shit though. for real these guys are some soulless fucks. but I think they are the safest long term bet my life that one company is going to be higher 10 years from now, I would bet on them.

have a very small amount 1-2 shares in the ther ones. I am making money hands over fist selling options on BYND right now and I'm looking to diversify out. will probably put by far the most of that cash into GOOY , after that I'm not sure which I would trust my money in. the apple one might not give me the Yeild I wat Nvidia may be priced too high. I think maybe the oark one, drip half of the dividends rom all of them back into the GOOY one.
also had a temptation to drip the dividneds into something like qyld and move the qyld into the funds if there is a big dip. because these funds could get fucked on big drips.

for the love of god someone give me a (you) for typing this out

Why does anyone care about the credit downgrade when we just invented superconductors that will enable desktop sized quantum computers and fusion reactors? This is the most bullish invention since electricity. We now have to price in both AI advancements and superconductors. Biden truly is a great and legendary president.

>>55727452
the jannies literally can’t do anything right.
We need that dude that was posting scat to come back and put them in their place

>DAX
Will this finally be the last daily Middlefinger, before the final crash?

>>55727774
>We need that dude that was posting scat to come back
I never left. Here you go. Clean it up jannies

>>55727768
Hello yes this is phone
No I did not meet VIX
Yes I vapor rub
Sometimes I vapor wave too

>>55727767
based

>US credit rating hit from AAA to AA+

Kek wonder what will happen if it ever dips down below A?

Good lord, please let tomorrow be a major happening day on the market

DON'T
GET
INVOLVED
WIT
ALL
DAT

>>55727821
It would be extremely painful

>>55727821
>>55727646
don't tell me it's another
>nothingburger news sends market into 3-week long correction but just when you think you've spotted the reversal people realize they still have too much money in their hands and the ensuing slurpfest retardpumps everything and bull market goes on

That credit rating dump is the perfect scapegoat for the MEGA SELLOFF. Which is why there are people like that El-Amarian or what his name is (economist) who says something about the timing (Wtf does that even matter?). You know, something shocking out of nothing, and the selloff that would have happened anyways can now be blamed on Fitch.

>>55727831
Copy.
Execute Crab-23

>>55727870
Exactly

>>55727448
diversification is a meme. a part time trader can at best expect to research 5 stocks at a time sufficiently to invest, there are some good names in there though like alibaba

>>55727915
True. Everytime when I tried to diversify, it only fucked me even more.

>>55727895
Yeah, El-Erian, sorry no big name in the EU.
What is with the timing. What does that matter? Reports or evaluations happen at the time the judgement is being made. This makes it sound way too political.

>>55727870
Elections are right around the corner, all the campaigning bullshit is getting ready to start. Big homie is probably insinuating that the downgrading is political, and perhaps aligns with the Trump indictment.

I have a feeling this will be a nothingburger like anon suspects >>55727846

At the peak of the bullrun, I'll convert my crypto to stock. I'll keep it in stock market for 3 years before buying crypto again. What stock is the best buy for holding at least 3 years ?

>>55727925
if warren buffet can have 40% of his portfolio in apple then I can too

>>55727948
It messes up the no landing/Bidenomics narrative that they've all boughten into

>>55727948
He just seems to be rambling nonsense
The guy is quite intelligent, which makes it suspicious, like he was forced to just say anything

>puzzled
>likely
>suspect
>perplexed
>timing
lol

Keep buying stocks. They will keep going up. The agenda will try to keep demoncrats in power, and they will use the stock market increasing as leverage against republitards for the upcoming election.

>>55727962
I'd just DCA SPY, it's due for a downturn sometime in the next year and will go back up after. That's assuming I just didn't want to have to think about it at all.

What does the Fitch announcement mean for the real economy?

>>55727767
Invest in the jewish system and profit from people that cant take advantage of it.
This is /biz/. This board is about investing and making money.
https://twitter.com/RyLiberty/status/1685263049572360192

>>55727978
Because it's a combo breaker to the "Bidenomics has saved the economy" narrative that everyone believes now. It wouldn't surprise me if he comes out next and calls it a Russian conspiracy

>>55727390
We joke about the Jews in finance but they're literally another race like Neanderthals and the only reason I'm saying this, is because you ignored me in the last thread janny. Come get me with your faggot ass. I'll ride the line where it says "Jews over here. Whites over here."

And I'll keep it kosher witchour bitchass because you can't keep these treasury yields above 4% for long baby because AI is coming

And it's way smarter than your widdled, patient, caring, Geminist, mind-controlling, faggot-assed, oh-so-fucking-patient crossing the Dead Sea barefoot thinking you're still being guided by God ass even sees.

Feds. Federal agents.

>>55727978
>>55727967
Yeah, for the DEMS it might be bad, but that's how it is. Insane debt generation/accumulation, high interest due to rates, global economic downturn, risky prospect due to lower SPR but OIL climbing again, so another SPR release will only postpone everything. There are no highs without lows, the US is a ponzi and its market shows. EU market is bogged too and too highly linked with the US, but at least you can sometimes comfortably buy, as you see it go down and up. US is a stairway to heaven.

>>55728029
Thats nice dear

>>55728029
>they're literally another race like Neanderthals

So what's the play for tomorrow
We just load up on SQQQ and watch it print?

>>55727783
KEK

>>55728066
SlurpQQQ? Remember the slurpers always win.

>the fitch downgrade is the big one

Wanna bet it isn't

>>55727452
why didnt you guys post about this i coulda been rich niggas

>>55727870
>>55727895
>>55727948
I was just thinking of this. the timing is very suspectful. right when no one seems to expect a big crash anymore...

>>55727561
those are some of the best performing stocks this year lol

>>55727996
Could someone answer me? How would a risk agency affect the real economy (stock market is pure speculation)

>>55727996
Less buyers of US debt due to not being AAA, meaning yields go up more.

>>55727948
>>55728015
>>55728106
There was an "insider" here before Monday, saying there will be dump. He even showed his short position. Maybe he was just 1-2 days off.
The market was trading very suspicious.

>>55727769
I want to buy some of these (TSLY, GOOY, APLY, BKWY) but I got two things I have trouble justifying
>Why would I buy these instead of the actual stock? Long term, the actual stocks are better. Is this for short term, to weather market volatility, but assuming there's not too much of a dip?
>I'm Canadian so I'm confused about the applicable taxes. Typically Canadians pay a 15% foreign witholding tax on divies for US stocks but apparently high yield ETFs that trade calls like this (ie more than just basic asset management) fall under some different asset.

Like I'm interested but I don't get applicable scenarios

>>55728106
It's quite ironic, it's earlier than the infamous september dump and on the charts, it perfectly builds a double top or whatever formation you want to see in the march 2022 vs july 2023 top. You know, great scapegoat to crash back down to 3500 and then reslurp eventually, dumping a second time hard on retail.

Btw guys, can you imagine? I had shorts on the dax with a hard stop loss at 16540. We reached 16531 monday and now we are back down. Almost lost 2,5k for this fake and gay pump. I knew it was all bullshit, but I got afraid a little. I just know where to put my barriers, kek.

>>55727720
>AMD earnings
>EPS $0.27 (2022) vs $0.02 (2023)
>Revenue down by a billion
>Operating margin 0% vs 8% last year
>Net income basically zero

So, one of the big three credit agencies have finally given in. But to be honest, does this change anything? The other two still maintain the US economy is better than good. Anyway, didn't last time's downgrade end up being bad for the agency? Didn't the US punish them?

Opened up fresh puts on DKNG. Trash overvalued company. The black swan credit rating downgrade is gonna just be icing on the cake. $14 end of month.

>>55728159
My problem is my impatience, too early and not expecting this kind of retardation.

>>55728135
Yeah, well just look at DAX thursday-friday pump. If that is not suspicious..

>>55728146
>>55728106
Nigger Ive been screaming about the double top and yield inversion for months.
At least my option spread that pays off at 2400 is gonna make up for the fuckups I made the last 3 years

>>55728134
Interesting. Will the Japanese repatriate the trillions they have in American assets?

I just checked my account, cruise niggas what just happened?

>>55728120
>many people use it as a reputable source
>bonds are traditional risk off asset
>either the US dollar loses credibility or the biggest bond advisor does
>markets dont know how to respond and big sell off

Uhh QQQ bros??

>>55728171
Yeah I know that somebody was highlighting this point here all the time. What do you mean 2400? SPX has to go 2400 for you to make profit?

>>55728174
With what? I don't think the remaining AAA countries could fill that void.

There is no debt ceiling until 2024. So lets show those fitchies pain and go to 100 trillion debt

>>55728174
Possibly some of it, yes, however they only own about $1.1 trillion worth of US treasuries.

>>55728134
This might not play out. In 2011 when S&P downgraded US debt by the same drop as Fitch has today it led to a sell off in riskier assets (stocks, corporate bonds, etc) and a subsequent rotation right into the US govt treasuries that had been effectively downgraded by S&P. Seems history is repeating itself with Treasury futures currently being bid up

>>55728165
No. Gambling is a good investment because sports are pushed upon the American people, and they love gambling because they all think they can get rich.

>>55728220
AAA to AAA- is a lot better than AAA- to AA+. Given how badly fucked most countries are I agree that I don't think a mass bond selloff will result of this. For now.

>>55728076
It's true it will get slurped but I think we can ride a nice +10% in SQQQ in 1-2 days
Just get out before apple earnings just in case they send us into a retardpump and you're golden

>>55728220
In 2011 the fed rate was zero so what sense does that make

>>55728223
Kek, reminds me of the greek stock index. ATHEX. One of their main constituents is OPAP. This was the state lottery, but now is aprivate sport betting company.
https://finance.yahoo.com/quote/OPAP.AT/

It's practically in the greek DOW.

>>55727769
Alright whatever I bought 20x TSLY, lets see what happens. I don't even know what I'm doing to be honest, it wasn't really worth it. I will sit on it for a few months (5-6) and then sell, at best I'll make like ~$100 or something. And that will count as capital gains income which gets taxed at like 54% for me so I'll have AT BEST made $50ish on an investment of $300ish after a few months.

I shouldn't have opened a trading account. I should have paid a financial advisor and just started investing early. But now I'm a 36 year old loser with a bunch of cash and I've wasted my life and I don't wanna think about the opportunity cost of not investing/knowing fuck-all during the 2010s...

Crude rising. Wheatie recovering after their bheatings

>>55728188
Bullish

>>55728206
Domestic Japanese assets, especially their sovereign bonds (more attractive now that BOJ is signaling they'll allow the Japanese 10 year to hit a +1% yield, double their previous cap of 0.5%), possibly stocks and corporate debt as well

Japanese only own $1.1 trillion worth of US treasuries, they won't repatriate all of that. Deutsche Bank estimates a worst case scenario of $600 bln being repatriated. Now they might repatriate some of their ownership of US stocks ($1.4 trillion or so), but even if they repatriate all of that ownership that's only 2.8% of the $49.8 bln total public market cap of US-listed companies.


>>55728237
Neither Fitch nor S&P have an AAA- (or Aaa- in S&P's case) rating. Are you meaning AAA- as in maintaining AAA rating but on negative outlook?

>>55728243
Fed rate doesn't have much importance here because the benchmark "risk free" yield was/is still the 10 year yield. That was about 3% in 2011 vs 4% now. Gut reaction for institutions is always to degenerately load up on Treasuries when anything breaks, even if it's the Treasury market itself. Treasuries aren't broken and I don't think the downgrade is significant in the short-term, but the note from Fitch does raise good points on long-term concerns for the US

>>55728289
>that's only 2.8% of the $49.8 bln total public market cap of US-listed companies

Meant to say $49.8 TRILLION here, not billion

>>55728251
Gambling is always a good bet when the economy is on a downturn because people will get more desperate with their methods of getting money.

>>55728200
No, thats the max payout for me. I shorted a 525 call and longed two puts. I have long vega exposure but it should increase on the puts in a crash. Anything from like 2200 to 3400 is (mildly) profitable. I put about $400 in, my max payout is like $5000 if i can call the exact date and strike

If you think about it, going long removes liquidity while going short adds liquidity.
Excess supply/liquidity pushes price down, while a deficiency pushes price up

>>55728303
Now thinking of draft kings

>>55728305
Oh ok. Not trading with options. Currently in with CFD (margin, in EU you can't go negative) and Barriers (Options with hardstoploss, but overnightfee (in my case I get money, cause I'm short)). Practically I'm shorting EU and receiving money overnight. Instead of putting it in a bank for 3-4% interest I get +14%, interest (some positions up to 30% p.a.) and it will increase tonight with the last rate hike.

Since my timing is off too often I don't like classic options. And selling options is too risky, don't want to get fucked heavily and get into debt.

>>55728165
Clickety Clack. Where. DKNG. The Harbinger.

Tomorrow I slurp up all the stocks I can simple as

What's happening?

>>55728364
picrel

>>55728354
Based

>>55728364
The evil rating company fitch downgraded the US. How dare they. This is a plot against the people of the US and the democratically voted government of the US, composed by true patriots, the Democrats. Any attack against the US will be met with retaliation blablabla. The US economy is strong

>>55728175
The hot one dies?

10 year JGB rising slightly. Still long way to go to 1%.

>>55728354
What exactly will you be "slurping"?

>>55728378
Special Military Operation against Fyyyitch?

>>55728409
How has this crap gained so much popularity? Oh right, it's the internet... where coomers can thrive. Those manhands ain't fooling anyone (well apparently they are or maybe coomers like that?)

>>55728415
3 days long

>>55728434
There is no biological difference between a tran xerson's asshole and a front hole chud.
>Verification not required.

>>55728434
Belle I would, the tranny obviously not. Might be better looking than a lot of females, but it's still no female.

>>55728434
They're a troll first and foremost, the coomer simping is just a byproduct of their appearance. It's pretty funny.

LK-99

>>55728462
That guy looks alright, like a bit more chubby spiderman. Hell, he looks significantly better than I... What the hell prompts a guy to do that?

>>55728520
Distraction from the impending economic meltdown
Seriously did you niggas think we wouldnt have a huge crash after a fucking 13 day rally with fundamentals all fucked up? You guys need to take profits

bros im watching Suits and this show sucks balls. every season is
>"this person knows x, we gotta do something about it"
>"i won't let you take this firm"
"goddamnit, Mike! if you do that i'll go to the judge and have this thrown out and disbarred"
blah blah blah

Tomorrow is going to be a minimum -3% day

(you're bull trapped and about to get topped)

>>55727835
>capitulates internally

>>55728535
I have no profits... just tranny memes

Look at EU, look at DAX. Curious if that happens to US later too.

ive been holding a short for 2 weeks, is it finally time?

>>55728583
Don't have the memri-pic
>So it seems. So it seems

>>55728583
Yeah
>t. Holding a leveraged long for 2 days

>>55728588
i guess i dont have to kill myself after all
>>55728598
im leveraged whilst we crab its been bad

The scariest part of this is, OIL doesn't give a fuck. It's even pumping.

American Superconductor (Ticker: AMSC) ticker is now an unbanned word!

We're so back!

Mods = Gods

God just look at all these small biotech companies with huge upsides.

Did you know, /smg/, that I have never had an energy drink? Never tried one. Never a red bull or a monster or any of it. I'm not curious to try, either. I just realized this was true just now.
>>55728520
That's a ways in the future. Good hype now and probably some really dumb moons on the market but scaling and production and testing for suitability in various applications all that is going to be a while here.

>>55728583
>>55728598
>>55728599
short bros, wagmi

>>55728605
SOXL bros...........................we're being surpassed

This came up in my youtube recs. It is so over.

I'm up 70% on qqq 2x leverage i really dont give a fuck. if we drop 5% ill probably sell cause i do think we rocketed way too high too quickly for such an uncertain environment

DAX COMPUTERRRRRRRRRRRRRRRRRR

>>55728638
meant for
>>55728188

Almost lost 2,5k on monday for this son of a bitch fake pump on DAX. Motherfuckers, I was sweating, I didn't sleep right, was awake and watching it all the time (hit 16531 and I had K.O. at 16540 (2,5k), 16590 (2,5k) and 16640 (2,5k) All for this fake pump shitcoin action.

>>55728615
>170% of the float was traded in one day
I'M GONNA SQUOOOOOZEEEE

This is going to be a nothing burger like the jap yield curve shit. Nothing FITCH downgraded Biden for wasn't already known and priced in

>>55728625
it's just begun

>>55728605
God damn, fuck my life

>>55728657
>priced in
Memes never end

>>55728657
i hope this causes usd slide a lil sumthin sumthin so i feel better about wanting to buy some INDY

>futures

Fitch did it because this absurd QQQ rally was going to cost MMs 100s of billions at August OpEx. Way, way, way too many tech companies have gone +100% in the past 60 days.
(prove me wrong, you cant)

>don't trade anything for like 6 months
>come back cause eh, fuck it, amd earnings
>oh now that it's after hours, let me randomly shit on your pump with no warning or recourse
Ahh stock market, never stop fucking me

>>55728338
Which broker pays you that much?

>>55728066
That’s what I’m doing.

>>55728713
IG and CMC. You get interest for shorting US and EU. This interest depends on the ESTR(EU) which will increase today again.

I calculated it by looking at how much a position costs and how much I get for holding overnight.

A 0,5 Euro per pip DAX short for example might cost me 300 Euro. I get 0,22 Euro per night. I then put that in an interest calculator and it tells me it's like getting 20-30% interest, depending on how hard I leverage. You can even open positions for 50 Euro but risk of losing is a lot higher cause that's only a 100 pip barrier.

For CFD, I currently get 0,10 for 0,5 pip short. Margin is about 400 Euro. So put that into rate calculator and you get around 8% currently. With the hike today it will increase to 14% I think. Preemptively calculated on expectation, because the steps/increases were always the same in the last month, because the rate hikes were always 25 bps.

>>55728607
go on....

>>55728753
If they hike in September again this again will increase. I thought, why not short EU instead of putting my money in the bank. I get more interest shorting EU and have the chance to make money on this shitcoin market.

>>55728639
NEINNNNNNNNNNN!!! ALLES VERKAUFEN!!!

>>55728753
>IG and CMC. You get interest for shorting US and EU. This interest depends on the ESTR(EU) which will increase today again.
>I calculated it by looking at how much a position costs and how much I get for holding overnight.
>A 0,5 Euro per pip DAX short for example might cost me 300 Euro. I get 0,22 Euro per night. I then put that in an interest calculator and it tells me it's like getting 20-30% interest, depending on how hard I leverage. You can even open positions for 50 Euro but risk of losing is a lot higher cause that's only a 100 pip barrier.
>For CFD, I currently get 0,10 for 0,5 pip short. Margin is about 400 Euro. So put that into rate calculator and you get around 8% currently. With the hike today it will increase to 14% I think. Preemptively calculated on expectation, because the steps/increases were always the same in the last month, because the rate hikes were always 25 bps.
why are you trying to bankrupt these idiots anon? shorting forex at 100x leverage is fucking retarded, you're fucking retarded.

>>55728763
>Forex
What forex? I'm trading indices.

What are some companies that are poised to profit if the superconductor news actually turn out to be something real and not just a meme that haven't pumped as much as AMSC yet? I wanna get in on the action, but investing in a company that already pumped over 300% this year doesn't feel right.

TOTAL EU DEATH

Why did SOXL fall 4% over night?
This must be a glitch, my life savings is priced in SOXL wtf

kek full DAX list is red

DAX is gonna bounce on SMA50 like a cuck and then possibly head for SMA100. There is nothing stopping this bull rally

>>55728893
If you'd at least say a fuckin timewindow. Different timeframes have different MA.

>>55728893
august worst month historically and we are due a correction

>>55728763
>shorting forex at 100x leverage is fucking retarded, you're fucking retarded.
you didn't even understand what you read

>>55728918
>3M to 1Y window bro
Have to use different measurements otherwise. Can't use SMA100 on less than 3M right?
>>55728919
According to VIX, yes. And the weather ain't fuckin helping, perpetually raining and no sun... Still, I don't think we're gonna go down more than 5% on the index. Stocks have had a great year financially and most are raising their guidance (like BMW for example). It also looks like we are nearing the bottom of industry PMI and the market is forward looking r-r-r-r-right, haha?
People are soon gonna re-finance their loans/mortgages but who cares about that? Not likely to affect major investors.
People are also soon returning from vacation so electricity prices should be going back up soon enough. Hmmm, gonna be interesting. Plus, US student loans repayment soon (then again who knows with fuckin Biden).
Still, all that is the economy which is often de-coupled from the stock market

>VIX gap up
lmao

>>55728774
You keep asking, short AMSC retard, this is the most empty hype ever, nothing's gonna come out of this.

>>55728951
Chinese already replicated it. Also checked by white people https://arxiv.org/abs/2308.00698

>SOXL overnight volume 1M
The goyim know

Finally a fun day. Hopefully it dumps a bit more so I can finally slurp

>>55728949
3M to 1y? What? 3 minutes, 3 months, 1 year? Wtf?

>>55728972
DFT stands for dumb faggot theory

>>55729000
3 month to 1 year, bro. Also checked.

The bottom is in now that we tricked yurope into selling

>>55728529
It's way easier to be a woman than a man.

>>55729026
And HRT stands for your meds.

well that's the last time I buy calls during the last few minutes of the market open I said for the 50th time ever
how the fuck is it every time I buy in the money calls I get heemed and when I buy out of the money calls I miraculously get carried above my strike by the grace of God

>>55728972
No one confirmed it was a superconductor, you clearly want to believe. As I keep saying even if LK-99 is the real deal that doesn't mean anything for any company you can trade, so the hype money will flow out like it flowed in.

>Copper
Sell the news I see. Holy hell did I get cucked yet again

it's over

Oh wtf, US is crumbling now too

>>55729074
strange acronym

>>55729041
I actually don't know what you mean with 3m and 1y.

OOOUUUuuttt...

>AMD barting
thanks for playing lmao

I cleaned my mouse and keyboard at my job. That's it, no actual work done.

ELF up 19% after earnings.

>>55729084
not yet its not

>>55729095
3M graph to 1year graph

>>55727509
Yeah, but it is going to $8 first.

>>55728684
market makers arent directional they dont care, retardo-kun

>Chinese, Japanese, Australian, Hong Kong, Singaporean, European, German, French, Dutch, UK indices dumping
What happened while I was away bruh.

>>55729136
that's only true within their put/call collars for the quarter and good morning Sir!

>>55727492
SOXL is too high for that. You would end up owning expensive shares.
I think it is going to dip to that gap above $8.

>>55729141
us got down graded to aa+

ATOMIC BOMB LAUNCHED BY PUTIN
IT'S HAPPENING!!! NUCLEAR WAR DECLARED!
SELL EVERYTHING!!!!!!!!!!!

I saw Tupperware at like 86 cents, but concluded it had already 'memestockpumped' that day and would probably sell off from there. Crazy how people just slowly fomo into shit, even at a 10x. Oh well.

>>55729101
Is anyone else loading up on these tasty nvda dips? Shit is guaranteed going to $500

>>55729141
Remember son, if something is affecting all the major indices it always goes back to the US. There is only one superpower in the world. Others might bark and snarl a bit but when the big boy comes into town, everybody fuckin kneels.
Fitch is about to get heemed real bad. America has a long memory

>>55729141
Maybe people are watching Oppenheimer and Barbie and realize that they are living in a gay horriffic tranny society and that the US should just die.

Why does the entire world kneel to credit raters?

>>55729101

>>55729183
I don't appreciate the anti semitism anon

>>55729183

>>55729183
no clue

>>55729180
Excuse me, Barbenheimer is the term.

>>55729180
Oppenheimer would have been a good movie if it was only an hour long not watching barbie it'll only make me gay.

>>55729186
hahahahahaHAHAHAHAHA

>>55729186
Is this the power of AI?

>>55729223
Barbie is not a gay movie, if anything it's a strongly men-rights advocating movie that does a lot to point out the hypocrisy of the modern state of the world and some of the more retarded sides of feminism. We are all Kenough, King.

Really impressive how OIL just doesn't give a fuck. Fine with that. Will only strengthen the bear market.

STOP THE HEEM

>>55729170
>Shit is guaranteed going to $500
Are you retarded?

>>55729186
Heckin bullish!

I bet Biden is going to have the guy who downgraded us to AA+ anally raped in Gitmo for the rest of his life and we'll be back to AAA by noon. Credit raters need to be regulated so this never happens again

shorting S&P and buying BTC :)

Fake and gay. Will be slurped up by market open.

>AMAZON AND GOOGLE WOOED BY INDIA FOR $750 MILLION CRICKET RIGHTS
Sirs, the rights have been kindly redeemed, the needful has been done.

europe red as fug.

>>55729298
>Credit raters need to be regulated
Kek, and judges have to be too, fuckin supreme court blocking student loan forgiveness

>>55729292
See
>>55729301
The AI hype is real and the market is unstoppable. This is just to shake out the weaklings and reward those that diamond hand NVDA. I'm slurping so fucking hard right now.

So what puts do I buy today?

Slurp SOXL?

>The 2011 S&P downgrade was the first time the US federal government was given a rating below AAA. S&P had announced a negative outlook on the AAA rating in April 2011. The downgrade to AA+ occurred four days after the 112th United States Congress voted to raise the debt ceiling of the federal government by means of the Budget Control Act of 2011 on August 2, 2011. Later, the US Government commenced an investigation into S&P's role in the rating of several mortgage-backed securities which played a role in the 2008 financial crisis. In order to mend its relationship with the US government, S&P asked its then-CEO to step down, a mere 18 days after the US was downgraded. S&P announced on August 23, 2011, that Deven Sharma would step down as a Chief of Standard & Poor's effective September 12, 2011, and would leave the company by end of the year.
>Both Fitch Ratings and Moody's, designated like S&P as nationally recognized statistical rating organizations (NRSRO) by the U.S. Securities and Exchange Commission (SEC), retained the U.S.'s triple-A rating. Moody's, however, changed its outlook to negative on June 2, 2011, and Fitch changed its outlook to negative on November 28, 2011

>>55729356
>Global stock markets declined on August 8, 2011, following the announcement. All three major U.S. stock indexes declined between five and seven percent in one day. However, U.S. treasury bonds, which had been the subject of the downgrade, actually rose in price and the dollar gained in value against the Euro and the British pound, indicating a general flight to safe assets amid concerns about a European debt crisis.[30]
>However, based on historical information from Bloomberg, the cost to insure U.S. debts against default had risen from an average of around 25 basis points in 2007 to a range from 55 to 75 basis points in 2011.[citation needed] A higher cost of insurance is typically associated with increased risk of default.

https://en.wikipedia.org/wiki/United_States_federal_government_credit-rating_downgrades

wtf rating agencies are the good guys?

>>55729363
Always have been

>>55729356
Why does this sound so familiar? Oh wait…

Retarded fuckin timer algo, it's so obvious. 11 am EU time? pump.

>>55729384
Make way for bullchads ya fat and disgusting boboshits

>Futures

>>55729393
just wait till the us opens and every tom dick and harry wants to take their profits and run

>>55729393
I said it yesterday, Le recession is ready.

>>55729405

>>55729405
>implying the stock market is dominated by dumb money

>>55725873
>>55725873

the most important post in very recent smg history.

also will be interesting resilience test on the market. i say buy the after the dip unless we die.

DAX sitting now exactly on the S2 resistance. My god this algo trash.

>>55729405
Just wait for this dip to get gigaslurped by megacaps... then again this sort of thing (credit downgrade) is a big thing. Are investors gonna run to bonds now? Nah, I still think it's gonna ger slurped --> check out this fag >>55729423

>>55729143
no they just actually dont care at all they're so diversified even if they dont hedge it barely matters whatsoever

>>55727484
Joke’s on me, the dollar is appreciating relative to my currency
>seen 25% gain on several of my US stocks because of currency depreciation alone

>>55729427
Retail will slurp

>>55729426
I meant support, lol. S stands for support.

>>55729423
check the graph day by day
spy went down 10%+ a few days prior to the downgrade which: was a monday, another -7%, marked the generational bottom that was never reached again

>futures

looks like people are slurping up the dip already, its pumping

Damn I missed out on TUP since nobody here ever talked about it

sold all my svix last friday.

time to re up on this scumptious dip

>>55729462
my free tradign view goes only to 13.

i opened a 3x bobo play for two days.

>>55729433
Retail will panic.

>>55728462
you claim to be anti trans but save this on your computer... anon, is there something you need to tell us ?

And it's still pumping in PM. There's nothing dumber than a hype FOMOer.

>>55729485
I use tradingview too, it goes back all the way
SPY, daily chart, move to the left by dragging the graph

Good morning; niggers. :3

>>55729520
good morning, I'm going for a nap (EU).

>>55729529
Oh god, looking at DAX monthly.. They'll go down until end of september to reach may low, then go october up for april high and then it goes down. Like a threefingered flip off or middle finger, don't know how you call it.

>>55729514
oops i was watching nasdaqqie. yikes near two week dump.

that was 2 years from 09 so i think the market is a little stronger now.

do finance people holiday in august? does that and how does it affect the market ?

>>55729626
yeah it's in august. low liquidity so extreme conditions: either extreme crabbing or extreme trend

Long Australian mining, with Africa pushing away from the west more and more western countries will increase the rate at which they buy rare earth materials from Australia instead of africa

>>55729651
Australia isn't even real.

Mumu... are you getting nervous...

>>55729692
Dump is being retraced in premarket. Wouldn't surprise me if it opens flat or green
>fading glownigger market

>>55729692
no the biggest red candle on the nasdaq chart has almost entirely been slurped

>oil and commodities dumping
>because US stocks were downgraded
Are burgerfats aware that commodities are a different thing?

BOIL/UNG
SHE'S DROOPIN' LOWER BOYS

Should have taken profits. Was stupid of me to assume they wouldn't retard slurp it all again, especially EU. What a fuckin joke market. Not gonna watch it anymore. See ya in december.

Absolutely mindsickening, DAX repumping 150 points in 2 hours.

>>55728529
He looks awful dude. Never had an ounce of testosterone in him.
>>55729706
We will be green by close imo. No one cares about debt anyway. Even though they should.

im interested to see how the two recent meme pumpers behave.

>>55729720
Oil and metals (except for shitcopper) are all in the blue, m8. Most likely dollar is gonna continue its journey up though... driving commodities down

Straight for S1 (DAX). Man, this is the most mentally ill market, I've seen. Algoridden garbage

>>55729514
wtf is this, a geological survey??
the fuck outta here with this nonsense

Why would anyone trade euro markets regularly, I can understand it if you work for a euro company and have equity in them that is traded on a euro exchange or if a 9/11 tier event happens early morning in America and want to Bobby Axelrod it and go as short as you can and need a Euro broker to get in on the trade before the American markets open, but regularly trading Euro markets seems like asking to get clowned every day. You’re basically trading on day old information every day. Where does the alpha come from?

>>55729807
>trading on day old information
lol yeah trading fresh info is the way to succeed
stay tuned in to CNBC, queer lol

>EU gigarecovering
Just as I said, DAX bounced nicely off of the support and now is heading for ATH again.
Not at all schizo. EU always does this. Overreact to US news and then fixes itself as it realizes that US is just fine.
Feels kinda bad for bears that thought that this event would somehow drive down the markets in a meaningful way

>>55729824
Yeah, I'm stupid and naive. I just don't give a fuck anymore. As I said, I'll just won't look anymore. Liquidate me, motherfuckers.

I put my hand upon your hip
When I dip, you dip, we dip
You put your hand upon my hip
When you dip, I dip, we dip

>>55729841
Just buy BMW, a good bank, some tech stonks, and some good industry, and you will be fine m8. Shorting in EU is a bit schizo. You need to take profits fast. Your only hope now is that US dumps.
And tomorrow and Friday are probably gonna be gigagreen considering Apple has earnings and they never miss. Never bet against America

>>55729847
Won't do anything of that. I stay short.

>>55729852
Sounds like you're on tilt, maybe close some trades and take a day off from the charts

So I opened my vanguard roth ira this morning and saw that the 7day sec yield on their money market fund is 5.22% haha

>>55729820
I don’t ever watch TV but my point is the same, where is the alpha? Every day you’re trying to find it when Americans have already spent a full day looking for it. Plus the order books are thin as fuck compared to the American markets. I bought a third of the open interest on a call strike last week and it took me like a full day to offload my position on expiration Friday. I sometimes struggle to get a fill even on smallish position sizes. Trading EU seems lunatic to me.

>>55729872
options are not big in europe i think. english trade a lot in currency for example. theres like different things different countries do.

>>55729855
I am tilted. I mean I could have taken profits, about 500 Eur. But I would have needed to close all my positions that were green. The problem is in early june I closed most position at 15900 right on the day the DAX crashed. I made 300 Euro instead of maybe 2k? And this made me rethink my strategy. I still have position in red, because after the dump to 15450, who would have thought it would just repump to 16k in a week and then to 16,5k? It really is schizo, it's worse than the US.

My fault thinking it wouldn't retrace back over the 4hourly Bollingerbands. Should have known. I wanted to trade with the daily/weekly/monthly and forget about 4hourly, but they still managed to make me mad this fuckin algoshitfest.

>>55729802
>not trading using seismologic TA

ngmi

>>55729891
Right but this is /smg/ and we’re talking about stocks and their derivatives not currency markets that shit doesn’t really matter for the thread other than their impact on stocks. I keep seeing EU traders freak out over and over in these threads and my reaction is just nigga rly.

Fresh bread
>>55729903
>>55729903
>>55729903

>>55729872
Not everyone is US. I'm EU, thus I trade EU. I tried trading US and got heemed hard. Not gonna do it again. I'm actually an oiltrader, but thanks to the fuckin price cap I stopped. Should have stick with it. Would have been such an easy trade, just following the indicators. And in no way or form as schizo as the stock market. After I'm done shorting, no matter if lose or win, I'll go back to commodities. Fuckin stocks is the most irrational and from reality detached bullshit, second to crypto.

>>55729896
For me it's the old fashioned tried and true methods. Laying the monitor flat and dumping my tea leaves on the chart

>>55729906
>my reaction is just nigga rly.
Your problem, cause it's unreasonable. EU stocks are stocks. Want no EU people here? Should ban them. Nobody is talking about FX, so no clue what you're talking about

>>55729914
>stocks is the most irrational and from reality detached bullshit, second to crypto.
It is but the key word is second, there’s still an attachment to reality. It’s hard enough to profit as a trader idk how you could do it trading during hours that the businesses you’re trading aren’t even open. It’s like trying to win a marathon the other racers already got an hour long head start in. I guess you could do it if you’re very good or if everybody else fucks up but it’s going to be far from the easiest race to win.

>>55729906
yes the problem is there almost a stock market in every eu country with their own index.
like if american markets were 20 exhanges with 20 different indexes and slightly different rules everywhere. also different fees for every exhange

>>55728106
>>55727895
>suspectful
The market doesn't dump in summers because there is no volume.

BOILchads… I should’ve bought today instead of dropping 5k yesterday…

>>55731284
Buy MOAR today!