/biz/ - Business & Finance

>costco misses earnings expectations
>gamestop beats earnings expectations
the salt

>>56213567
>Gamestop in a trap
Okay, GME might be a load of shit, but you retards can't honestly believe the market isn't completely manipulated?

>>56213595
GameStop the best stop!!!!

Watch the PP Show

GameStop is the only profitable company, the rest are hedge fakes

>“The public should understand that we will largely be a skeletal staff … so the normal oversight we have on markets will not be possible .. for [however] many days [a shutdown] happens.”


lmfao as if there's any oversight as it is

>US Congressman Matt Gaetz introduces bill to stop sending taxpayer money to Ukraine.

>>56213881
How cute.

When the FUCK do I buy?

>>56213567
>imagine going to the store to buy a video game in 2023

>>56214518
wheat corn onions

>>>/wsg/5270526
lmao, are chinks actually just walking into america now? i thought china was a superpower and their economy was going great! someone should have told these guys

Does this look healthy to you?

I can make this post every day, btw

>>56206524
>>56174162

>>56213567
Hope you've loaded up on BYD, /smg/
>https://electrek.co/2023/09/27/byd-america-boss-explains-ev-makers-edge-expanding-overseas/

>>56214636
>>>/wsg/5270136
Kek

This is pretty rudimentary but pic related is how I think things will shake out, very generally speaking. Nasdaq and S&P futures look like they'll continue to crab for a while before hitting the general 5+ year uptrend

>>56214696
Today was a crab day, for you?

>>56214518
SRUUF. Sell in 4 weeks.

>>56214715
Today was a crab day, anon. Sorry to break it to you but some of us can actually read charts, shocking I know!
We opened and closed almost exactly at the same point. That's how you call it a crab day, dumbass.

WATCH THIS IMMEDIATELY:
https://www.youtube.com/watch?v=sGaiPhI6PhA

This turbo autist jew unironically has it figured out. Sell everything and short.

>>56214715
lol no I ended the day up 2% but in general I think we'll see things bounce up and down into a tighter wedge until they hit the moving average

>>56214683
How about you look at the reply to that post three posts later, dumb fuck.
>>>/wsg/5270249
https://www.youtube.com/watch?v=uD8qqEx4G18

>>56214745
Sorry, didnt want to be offensive. But today was such a rollercoaster.
Just look what Meta did. Thats not a crab day to me.

>>56214793
Kys Ching Chong retard

>>56214807
cope and seethe, fat

>>56214795
>Sorry, didnt want to be offensive. But today was such a rollercoaster.
>Just look what Meta did. Thats not a crab day to me.
Kek, I saw that because I'm shorting meta and was shocked too, I think that's a sign of how things are just broken so I know what you're saying. This crabbing is dysfunctional and it will break at some point. The yield curve is basically the whole story now.

>>56214835
Kek you self owned quite hard, when I went back to check, someone posted corroborating evidence. Not that a lying ching chong cares about evidence and truth.

>>56214845
Thats what I mean. This isnt the usual "it just goes sideways" crabbing.
You might go away for an hour and the whole shitshow is collapsing. Thats where we're at.

>>56214608
https://www.youtube.com/watch?v=a8c5wmeOL9o

>>56214779
we most likely gonna go up for a couple days tho

>>56214871
Yeah that lead lag report fucktard posted a good video about how the market goes up in an escalator but comes down in an elevator.

>>56214861
While monetary base increased by a 3x
Sure it's worse than in Chinkland or Eurostan but it's hardly a reason to cheer.

>>56214864
The "evidence" posted
https://www.bloomberg.com/features/2023-china-ev-graveyards/
>This time, the cars were likely deserted after the ride-hailing companies that owned them failed, or because they were about to become obsolete as automakers rolled out EV after EV with better features and longer driving ranges. They’re a striking representation of the excess and waste that can happen when capital floods into a burgeoning industry, and perhaps also an odd monument to the seismic progress in electric transportation over the last few years.
>Those vehicles were mostly bought by ride-hailing companies that leased them to drivers. “At the beginning of China’s EV market, delivery numbers were driven by car-sharing fleets,” said Young Huang, a senior analyst with JSC Automotive, a consultancy with offices in Shanghai and Stuttgart. “Only a few private customers chose to buy them.”
I don't expect amerisharts to be smart but come on. As the guys says in the video, those are to a large part remnants of failed companies and aren't BYD's problem. Or they are cars that are outdated. And a huge part are non-chinese cars.

>>56214930
Are you the NIO guy from last week?
I made money off the puts I bought on that IIRC.

We are 2up on Es and 2d on spy.
GET READY TO CRAB BITCHES

OK, gentlemen. Coal.

What do we know about it? What do we own? What do we want to own?

>>56214953
Chinkland is dead. Industrial capacity utilization went down again. Deflationary deathspiral totally unrefutably confirmed

>>56214948
No, I have BYD. Nio is way to expensive while BYD is the market leader, makes profits, is now expaning to Europe etc and is way cheaper. With companies like NIO or XPeng you have no idea if they will even survive and you have the ADR risk.

>>56214953
I live in coal country. Contracts are up. Several suppliers I know (coal mining companies) have had their metcoal (metallurgical coal) and bluegem coal (high silicon content for chips) and even fines are in great demand and price. Metcoal contracts with one local company are 2x. Appointed officials (msha both state and federal) can just destroy operations on isolated incidents. There are fewer and fewer coal producers. These red tape faggots make it high risk/high reward

>>56214953
I know theres a toll involved in burning it.

today i made money
but not a whole lot
and i'm sad i survived
the moderna shot

>>56214967
way too expensive*

Has ANYONE here seen DISH anon recently!?! I saw that the SEC has recently allowed mislead traders that made the mistake of falling for the DISH SCAM to be entitled to compensation. I would like to *POLITELY* ask for a refund.

>>56214909
>we most likely gonna go up for a couple days tho
lolno

>>56214950
>>56214779
rallye confirmed, better close your shorts

>>56214975
Like carbon credits?

>>56214960
Two more Zeihan videos

>>56214953
Smart people are investing in coal. Prices are cheap. What else is there to know?

>>56214972
>>56214953
Also carbon capture devices are often made from refined coal “fines” that remain after the coal is sized ie stocker vs w/e block coal. These are value added without any new infrastructure as these are vetted away from most plants and tipples and dust held to a minimum with water when possible. Lots of new possibilities if Feds don’t fuck us.

>>56214997
Are you a smart person? What are your holdings and their sizes?

>>56214985
Dish scam anon went on to try to run a scam with some defense contractors that are naturally down to. That scammer is working for a contractor that believes the markov chain bots on this website are real, bot

>>56214967
LOL NIO is straight retarded.
I'm still not sure I'd buy a Chinese EV with an MSRP more than the equivalent car from Toyota though. Can they really not make that work?

literally bottomed on the 200ema. see you at ath bobo u broke ass bitch

>>56214989
>the tyranny of the ten year is relentless; there can be no rally as long as this keeps up...
Buy bonds, buy equities

>>56214995
Who? You zoomers are worse than the boomers. Stop watching advertising. The numbers are free

>>56215007
Nope, but I pay attention to smart people.

I may know a thing or two in the field.

>>56214997
Any particular company?

>>56214995
(((Zeihan))) always wants to talk about structural demographic theory but never meta ethnic frontier theory.

>>56215066
WHC in Australia.
HCC, AMR in US.

>>56215010
I don't know what the Toyota equivalent would be and how much it costs but I've read that the new BYD Seagull is currently one of the cheapest EVs on the market. They are starting to produce cheaper models that are more affordable.

Bankers, federal agents, and politicians alike jumping from buildings.

Bobo bros...I didnt close out my shorts today

>>56215089
They'll just do ZIRP again and instead of big scary numbers things will just get more shitty in ways that are difficult to quantify unless you're hobby is making/reading spreadsheets.

drs gme baybeee

>>56214526
Yeah, pay for NOTHING digital bullshit when you can sell your game for near what you paid for it, smart…

>>56215089
Better than getting blood eageled by the mob

>>56215102
I like to play with spreadsheets..

What's a good LONG TERM way to short Volkswagen? Here in Europistan we have knock out certificates, but what about puts?
should I buy a put with a long term date of expire of just let a certificate run its course?

Help a noob pls.

So what will Powell say tomorrow?

Powell speaks tomorrow, what will he say? I'm giving a 33% chance of him shouting NIGGERRRRRRR

>>56215136
Personally I always prefer LEAP puts to shorts. Owing people things freaks me out.

>>56215154
Something something higher some longer

>>56215154
Creepy...

>>56215154
hes gonna pump the market and dump the dollar most likely

>>56215170
He just wants to find out what kind of pants to order on Amazon for his granddaughter

>>56215157
88% chance he says he's bringing back NSDAP economic policy

>>56215170
She has a nice ass, I'd take a picture too.

I went for a walk and now I'm really sleepy.

>>56215196
It's still gross. Just go home and jerk off first. Then come back and swoon her with your 3x UPRO portfolio.

>>56215212
With that age gap I feel like swooning is probably the more gross option.

>>56215154
The same slides since now nearly 2 years
Higher for longer

>>56215157
>*adjusts glasses*
>Dear American people, despite our best efforts to convince people not to buy Gamestop we have failed. I hate to say it *takes deep breather* but Moass is upon us and a true *swallows* recession is very likey, in fact it might be the Greatest Recession of American history which might last for a decade or longer. I hope every American citizen bought and drs'ed at least one share of Gamestop... otherwise... may God help you, because I can't. God bless.
>*walks swiftly towards military helicopter, gets in and takes off*

>>56215170
He won't remember what she looks like later without a pic. Your spank bank doesn't work like it used to at his age. No problem here.

>>56214930
Ching chong malding

>absolute cope response 30 minutes later

>>56215215
They're both equally gross. The best option is to show up on the soccer field with a thousand goals on net and be Ronaldo. Otherwise this jpeg shit is just a waste of time.

We only post high class ladies here, because they inspire us. Not this negligible trash that only temps us to be weaker. Picrel is the opposite of /smg/'s latest garbage.

Yo, long-term bond yields can't possibly go much higher for much longer, right?
TMF looks so beaten and bloody, I want to fuck it

>>56215157
>My dear bagholders and bonders, sloots and Timiraos, govs, chuds, accountblowers, shorts, stranglers, and hedgers!

Hedgies!

>Today is my one hundred and eleventh speech. Alas, eleventy one speeches is far too short a time to fuck with such liquid and gullible markets.
>I didn't crash half of you half as well as I should like. And I heemed less than half of you half as well as you deserve.
>I, uh, I have trades to make. I've put them off far too long. I regret to announce this is the end. I'm leaving the Fed now. I bid you all a very fond farewell.
>Goodbye.

>>56215154
Nice to see keqing in her rightful place at center stage.

>>56215297
https://vocaroo.com/13pwpr2NAPdU

say the line smg

>MU after hours: 65.48 -2.73 (-4.00%)
>Revenue down 40% YoY

>>56215297
Based bagginsposter. https://www.youtube.com/watch?v=K69tbUo3vGs

>>56215221
Ebin

>>56215255
>30 minutes
Shows your importance to me, chingchong

>>56215322
"Bears are always wrong"

Financial analysts claim that the small red bar on the right is "extreme fear"

What do you think about that /smg/? Are you buying this dip in the worst economic climate we've had in 15 years at near record prices?

>>56215360
considering the line generally goes up and to the right for the most part, near record prices are the norm not the exception

>>56215360
That little bit of red is MMT ending

>>56215360
Counterpoint

>>56215212
>3x UPRO
So a x9 SPX ETF? Holy shit

>>56215373
50 cents have been deposited into your account. Thank you for your service.

>>56215382
whoops forgot pic
also don't rush out and buy LEU please it's overpriced above $45-50 imo

>>56215360
At least all the other big red candles can be lined up with something specific like the pandemic or Fed decisions. This one has been because of......???

Someone post the chart showing record high short positions

>>56215323
put it on my watchlist back at $50 and ain't no fuckin' way am i buying this year
you want MU after the idaho plant is done and after every single zoomer on earth is building a new PC with a 2TB M.2 drive in it. not before

>>56215360
Prices from even two years ago have effectively no correlation with the latest market values, to say nothing of prices from over 10 years ago. Why do you think that it has to go all the way down to zero to be a problem? If you're near a mountain summit, a boulder can fall 50 feet and still kill you, it doesn't have to go all the way to the base of the mountain.

>>56215360
Now post the NASDAQ chart. :^)

>>56215408
Yom Kipor or whatever.

>>56214997
>>56215066
no love for BTU huh

>>56215422
The US finished dying some time in the early 2000s, everyone is just dumping their bags now.

>>56215445
>now
Did you sleep through 2008 or something.
Not that I fundamentally disagree with your thesis, but the exit is going to be a lot slower and a lot longer than a couple of weeks of not-so-great stock market performance.

>>56213567
behead all those who put gme shit in the op

>worst economic climate we've had in 15 years
Imagine believing this

Should I buy stuff right now or are we dumping tomorrow?

>>56215531
You should have been DCAing this whole time. But it's not too late.

>>56215496
But it is. More bankruptcy and busines closures than during 2008-2011, media has just been bought off and market fakers are playing three monkeys
Guess there is one positive thing about no trust, atomization and no shared reality, if nobody knows nobody reacts

>>56215531

>>56215533
>You should have been DCAing this whole time. But it's not too late.

>extreme fear has caused record levels of shorts
get ready for the big boys to short squeeze the last $50 out if all your robinhood account

BABA will be $250 by end of 2024.

I think I get it now. Big investment banks are raiding retail investor forums to get themselves enough exit liquidity. There are literally millions of baggies being born as we speak.

>>56215539
Oh that's weird, I thought the bad thing was that those shitty bankrupt businesses WEREN'T shutting down, my bad. Sorry, I just can't keep all the shifting bear narratives straight, they change too often.

>>56215562
They have been doing that for 6 months.

>only two /smg/s in my thread watcher
We are healing

>>56215180
>>56215196
>>56215226
He's the only reason I don't fear old age.

>>56215440
BTU is probably fine too, but there are a few issues:
It's a bit of a meme so it gets random volatility, valuation tends to be a bit higher, it's a mixed producer of met/thermal with some weird contracts, and management has made some questionable decisions.
I feel like BTU makes more sense as a swing trade than a confident hold. BTU is still stuck in the same range since 2022 while other coal stocks break new highs, propelled by buybacks. Perhaps the future will be different, but it's not like BTU is any cheaper at today's multiples vs other stocks anyway.
At least that's my understanding of the situation with BTU.

>>56215591
Have you left your condo lately and went for a stroll through the city instead of ordering food to your door? The amount of shut down businesses and businesses closures is baffling. But as said, if everyone plays three monkeys, nobody in the media telling you the truth and society totally atomized, nothing ever happens, unless your business shuts down and then nobody is going to care or know

>>56215616
Man I work in the entertainment industry and lemme tell you, shit is absolutely BOOMING. Ticket, beer and merch prices have never been higher (not to mention tour budgets) and yet I'm at sold out shows multiple times a week. There is simply not a fucking crisis going on if people are still spending that kind of money throughout all the spooky headlines.

>not buying detroit REITs while detroit is still a shithole
>not buying into high tech body augmentations industry that will make detroit great again cause deus ex predicted it in human revolution and deus ex is always right
>still falling for garbage bay area startups VCs dump on retail

I am gonna be rich while I shitpost and mock /g/ losers seething about being stuck in bay area dystopia working for uncool FAGMAN as maintenance slaves for jeets

>>56215600
Every year I've gotten older I've gotten happier. Being young sucks, you're ignorant and worthless and have no options. Being old is great, you have money, you have all this knowledge and wisdom, you've built up all these things, and because women are retards (or something, I still don't understand) they don't seem to mind you being older, even younger women.

>>56215539
yeah but in 2007 every idiot was leveraged up to the gills to be a landlord or a flipper
and in 2020 people CREATED a bunch of BULLSHIT businesses just to fraudulently claim completely free bailout money and almost NONE of it has been chased down
$950 billion issued
87% under $50k the SBA limit for forgiveness
0.2% denied forgiveness
get fucked idiot

>uranium anon buying gold miners few days ago

The Dennou Coil era is starting. Where is my bro Densuke doge.

>>56215645
>npcs are still consooming
yeah no shit, theyre fucking npcs. The problem has to literally hit them in the face before they do anything.

Thoughts on TGT? I feel like this culture war shit will end soon

>>56215670
You can never enjoy teen love when you are old fuck tho.

>>56213567
why is smg stirring the pot with gme? stop being a faggot.

>>56215682
I hear these people talking about "how bad the economy is" while standing in line waiting to buy a $35 shirt and $40 vinyl while holding their second $9 beer at a concert where tickets are $35. The only people who need something to hit them in the face is retail bears who have to be the most oblivious contrarians alive.

>>56215697
buddy, we've gone over it 100 times
it's not about the "culture war" - this is so negligible, it has already passed
it is the R E C E S S I O N and the lack of savings, the paycheck to paycheck nature of the economy, where Susie no longer has the $$$ to go and shop at Target
Susie will go to Walmart, instead of Target, and/or buy less things at Target
no retail is safe, not even Walmart

>>56215680
>google glass but rayban
Amazing what 11 more years of progress can do to a tech

>>56215700
It's not worth fetishizing to this degree
>t. got laid that age

I can't believe there's a football (handegg) player named Jake Bobo
He plays for Seattle
What does this mean for MSFT and AMZN and other Seattle companies?

>>56215697
>I feel like this culture war shit will end soon

The S&P is going to 6000.
>Then blowing out to 3000

>>56215700
Those feelings when you're a teen are just puberty chemicals making you want to breed. They'll probably synthesize it and sell it in pills at gas stations by the time we're old.

>>56215700
Well they didn't love me when I was young so I don't really care.

What percentage of your oil investments have you pulled as profit?

>>56215700
well ...you can.
>>56215711
>I hear these people talking about "how bad the economy is" while standing in line waiting to buy a $1 mil house with 0 down while driving their second car they bought on credit. The only people who need something to hit them in the face is retail bears who have to be the most oblivious contrarians alive.
:^)

>>56215645
It's not the headlines, it's the raw data that is spooky in combination with the normal population not reading the data but the feel good advertising still spending

>>56215730
Why the fuck would you want that back? Longing for people who don't care about you is incredible miserable. That's what Hell is.

>>56215734
PBR has given back 100% of my initial investment without me doing anything.

>>56215711
It's definitely bad for me, I had to switch from "Jefferson's" to "Aristocrat."

>>56215751
What feel good advertising? The mainstream narrative has shifted back towards "oh SHIT there's a new variant and you should wear masks again and the economy is on FIRE and this election year is going to be INSANE!!!" I legitimately think that most people don't buy that shit anymore, they can see with their own eyes that most things are fine

tech bros....

>>56215775
Shouldn't be spending lots on vodka anyway, in the US it's all supposed to be essentially the same chemically

>>56215785
imagine the smelly autists playing that daily

>>56215749
The bears aren't arguing times aren't still good for the average person, at least the real bears aren't and they leave that to the retards. The bears have been screaming for months now that the infinite goodies creator is spewing smoke and sparks and if it doesn't get fixed they're going to eat a bunch of people until it starts working again and they can just go do arbitrage and be fat and happy again. Ignore them if you like, plenty of Yellowstone tourists ignore the don't feed the bears signs every year too. Most of the time they're fine, maybe they even get a selfie. Sometimes they get their face and nuts ripped off and choke on their own blood.

>>56215781
I should hook this up to an LLM.

>>56215798
Well yeah, that's why I switched from top shelf bourbon to bottom shelf vodka because top shelf vodka is just giving your money away.

>>56215781
It largely depends what advertising one is reading or ignoring, leading to my hypothesis on the good things about non shared reality. Report back when the amount of people coming to your venues declines

>>56215814
>Report back when the amount of people coming to your venues declines
Will do. Currently we have shows sold out through the end of the year and a few selling tickets into next year already, so take that as you will

>>56215805
On second thought most of the non-trump stuff is just /pol/ delayed by 6-12 months.

Hate Jews if you want (I wouldn't even blame you, they deserve it) but listening to that kike Jeff Snider is making me some decent money. He doesn't seem to be a kike jew like baggot just a normal jew, he was posting videos all through Yum kipper, Baggot was getting all kikey and doing his absolution from sins thing which I will never forget.

tomorrow is a rally, we sold too much today. friday will likely crab

>>56215749
Getting young pussy when you are old is different thing.

>>56215718
>>56215730
>>56215733
cope

>>56215763
sadly, I went the route of an ETF

>>56215700
You can go to Tijuana and bang 16 yo prostitutes

>>56215859
California is too gay, I hope I never go there and I'm proud to say I've never been so far despite going to other countries.

>>56215859
*but your dick will fall off
ftfy

>>56215318
Based. Federal reserve and fed versus the sons of the American Revolution. I like the cremation but at the end.

>>56215884
A: Tijuana is in Mexico
B: California has a level of natural beauty rivaled only by Alaska. It's the state with the lowest point on Earth and the highest point in the lower 48. It has the world's oldest tree, the tallest tree, and the largest tree by volume. It has deserts, mountains, plains, and coasts. Yeah, I wouldn't want to live there, but it's unironically an amazing place to visit.

>>56215935
I do want to go to Alaska. California won't be good for another century so I'm still happy never going there. Africa has lots of natural beauty too and I'm not going there. If I really cared about nature that much I'd emigrate to Canada.

>>56215678

>>56215951
Canada isn't better than commiefornia anymore, it's worse. A lot worse. Cali is unironically more based and redpilled than all of canuckistan. I'm hoping we annex them soon to save them.

>Oil Up
>Dollar Up
>Yield Up

Until these three stop moving up together then keep shorting the market since Thursday Sep 14th before Triple Witching day.

Maybe buy the dip when Sukkot is over if Spain/Germany CPI and US GDP Q2 data are extra hot overnight. Powell might just make the drop extra bad into friday (especially if no agreement in the House to avoid a shutdown before the weekend).

>>56215965
I've been to rural Canada. It's like Wisconsin but a whole country.
God I miss Wisconsin, I should go back.

>>56215970
There won't be an agreement. McCarthy is tired of being called a cuckold and the only deal they tabled to start with is basically just taking a big shit across the aisle and daring the other side to say it stinks. I doubt they budge and I doubt the other side even entertains the offer.

>>56215734
Sold 100% of my UCO when WTI first hit 90.

Just kidding, I knew I should've done that after buying in late June when the SPR dump ended but I. Just. Didn't. Buy.

>>56215709
>>56215657

The gme faggots are almost as cringey as the goddamn crypto wigger baggied-up coin shilling faggots

Is CSGO ded?

>>56215988
I'm sure it was the tits back then, it's been cucked very hard since. Cons have one last shot to get back in power before it's too late forever. Wisconsin is based though, can't argue there.

>>56215970
Yep. October sacrifice
Still pissed I got hunted
Fuck jewish market fakers

>>56216023
You mean CSCO? Cause that's just as dead as the Nasdaq.

>>56216015
Sorry random Chan person

>>56216023
Yes they're updating to CS2. I think today was the last day to play CSGO before they pulled it and switched over.

>>56215700
The irrational hope that I may someday get a 15yo gf is the only thing that keeps me going

>>56216051
I do not
>>56216055
Damn, RIP, I had so many hours in it

>>56216036
>Wisconsin is based
Based in the "based retard" sense. Much like Canada really, with the same ideas and the same issues.

>>56216015
Their threads have been a dumpster fire for the last week, they're normally pretty quiet and stay in their containment threads for the most part. There's some kind of autism beam struggle going on.

Are they going to throw my passport away, or steal it, and say that it got lost?

Will I regret buying puts on Q3 GDP

>>56216085

>>56216094
No

>>56213633
Kek this morning they were posting about
>Strong consoomers
>Inflation is cause regular people have too much spending power
As if it wasn't government approved propaganda while the rich are literally grabbing the wallet out of their back pocket.

>>56216055
OH SHIT I GOT IT DOWNLOADING LFG

Do I put my 8k cash into a meme like EBET or TTOO, or put it in AMZN/MSFT leaps and check back in 6 months?

>>56216136
Isn't the gme general for the most part markov chain bots? It's worse than in here or in the crapto threads last time i looked at the general

>>56216055
>>56216146
>>56216023
>Playing CS and not Xonotic

>>56216075
You get CS2 for free if you already had csgo and all your skins and shit transfer and are usable. Plus there's already people working on having og csgo servers up still, pretty sure you just switch your game version in steam to downgrade back and play the original. No big ripperino just moving forward with the new source engine.
>>56216080
Drunk driving might be a competitive sport instead of a crime up there but they've got some good fuckin cheese so I'll allow it.

>>56215839
What did he do?

>>56216162
>bootleg quake
Nah, I'm good.

>>56216160
Go back in the archives to before the last week or so and it's just a bunch of regulars shitposting at each other. The bots and constant spam and thread splitting only happen when something is about to happen with a memestock and then it quiets down again for months.

>>56216197
At least it's not OA.

What's the rationale behind gold falling right now?

>>56216251
Rising interest rates
The logic is, that these high rates will bring down inflation
If thats not the case, Gold will moon later

>>56216203
Just checked through it. No bots for now. Same in the bbby. Also weirdly low amount of bots itt. The crypto thread bot spam on the other hand is out of control over this week

>>56216251
Rates spiking means people liquidate holdings, including zero-yield parking spots like gold.

For example, SRUUF's NAV is now $17.77 but the dash for cash means you can buy it for $17.55.

After some plotting I have decided If 419.99 or w/e stops they chase hold on this weeks timeframe I am goin mumu. If it don’t then I am bobo with min target in the 412-413 range by October 6th I think.

>been fucked over so often every trade looks like a trap to me

>>56216324
whats the context of this picture

>>56216340
Jen celebrating diversity wyd do you mean mfer?

>>56216284
Thats also what happened with Gold in 2008 when the recession hit. People were liquidating it to raise capital.
Shortly after Gold mooned

>>56216347
>Jeb

I hate auto correct
>so
>ly
>ent

Been missing scoopies... /smg/ changes as years go by, but one thing that won't change is her bussy belongs to me.

>>56216251
BUDDY, have you looked at the dollar??
>pic related
lmao
disappointed also that 2 people mentioned rates, but didn't mention that it is because of US yields moving higher relative to foreign that dollar has appreciated so much - foreign CBs have waved white flag prioritizing economy over inflation higher for shorter, Fed has not higher for longer = dollar appreciation relative to white flag currencies
Literally anyone reading this thread who wouldn't immediately answer themselves
>DOLLAR
as the answer to this question, what are you doing here.. this is like asking
>why is the pavement wet outside
BECAUSE IT'S FUCKING RAINING BROTHER

>>56216324
>>56216358

>>56216324
Keep a log. Before every trade, write down your profit target and stoploss. Use those two to calculate a risk:reward ratio. Then decide on a personal threshold.

Only take setups that are 3:1? Congrats, you break even even if the market fucks you 75% of the time.

>>56216375
sage advice. works for a lot of life really.

>>56216363
Overlay charts and you'll see during this runup gold's got a tighter correlation to TLT than DXY proper.

I'm going to give you disgusting plebs a secret stock pick, not that you deserve it. Buy BRDS OFC and hold

>>56216415
they're all related, all part of the same picture
US rates up + EU rates down = dollar up
US economy up + EU economy down = dollar up
but dollar move has most direct impact on trade of commodities, especially commodity that is literally a hedge to the dollar, an alternative currency to the dollar (gold)
if both EU and US are raising rates same time, the DXY correlation gets muddied if that makes sense - but it still there and the prevailing one
I don't disagree that higher real rates offering yield become more attractive

Futures green.
I should close my puts right?

>>56216453
...the scooter company? I haven't ridden one of those in years

>>56216507
Don't ask questions, just buy. You won't get another chance

I hate the stock market. I fucking hate it.

>>56216498
50 cents have been deposited into your account. Thank you for your service, Pvt. LaQueefa.

This is the best /smg/ ever.

>>56216579
It isn't frog bot
Shut yourself down

God fucking damn it

>>56213567
Shill me a stock anons. I have 5k cash in my account

>>56216638
Hood unironically

>>56216251
Bond Rates & DXY (mainly because of weak yen) up and Copper down (since COVID started copper and gold prices move together---probably has something to do with China).

https://www.economist.com/finance-and-economics/2020/07/23/unusually-copper-and-gold-prices-are-rising-in-tandem


In any case I expect gold to hit 1800/oz mid november before trying to move up again

>>56216638
Looking at OI Glass. They just shut down their Texas plant in October. Not sure if I should wait or start to dca

But what if I don't want to be a bear?
I fucking hate this.

LOL

>>56216699
I look like this.

Wh*te wo*an bros? What can be done about this? First they fuck dogs and now this?!

>>56216519
I'm going to ask one question:
How much have you bought yourself? Post proof

>>56216706
I'm $10k deep, if you don't believe me don't buy. You can be another pleb sitting on the sidelines holding SPY or roll the dice.

>>56216638
none rn til the market comes down. if you wanna have fun take $250 and buy some spy puts whenever the market goes up real good one day or overall for a few consecutive days.

long term equities
at&t
tmobile
arm
verizon
xom

if you wanna have fun and think its gonna be a low vol bull run(personally idk)
go into yepy or qqqy
°^^^^do not buy those rn be warned

>/smg/ told me to buy and keep buying VTI or SPY back in february
>now losing rapidly losing money
wtf I thought this was supposed to be safe boomer investing.

>>56216787
He said "higher for longer", anon. What did you expect?

>>56216787
That only works if you keep DCA'ing no fucking matter what happens, even if the blood in the street is your own.

>>56216782
Thank you chocolate man.

>>56216784
* til the market calms down
and
*jepy

>>56216782
I think you meant to reply to >>56216759
And I don't believe you're the real Rocker poster. He doesn't have $10k to his name

>>56216568

hopefully tokyo session goes well, if not spx will prob go lower

>>56216574
HELP ME NIGGA

Evergrande just halted trading on the Hong Kong market. Happening?

>>56216316
Why? Do you have any argument or are you just throwing darts?

>>56216884
Oh shit were the China doomposters right?

>>56213567
anyone else picking up nflx calls for next week? daily chart looks primed we just need strong weekly close r

>>56216360
You need Jesus. https://www.youtube.com/watch?v=2UUDSBD-Vnw

>>56216892
Right here

stackin the cash been holdin sqqq(and uvxy) for a year get on my level

>>56216902
Are you fucking retarded?
Post FA.

>>56216813
Put some respect on his name. That's my sweet bb boi.
>>56216835
Pull down your dungarees and i'll show you who the real rocker is....

>>56216910

whoa nelly oil, slow the fuck down holy shit

My Ex just got of the phone bitching about me abandoning her in Canada. How do I profit from this?

>>56216912
400c 10/6, 10 open contracts

>>56216914
You haven't posted a video in months.
Also, isn't the real Rocker currently prohibited from posting anyway?

>>56216862
HELP INBOUND NIGGA

>>56216926
actually, the spread between WTI and brent is like 40 cents what the fuck?

>>56216948
Most Wti is land locked and is harshly affected by w/e logistic they gotta do to get it to the coast whereas refineries are on the coast already

>>56216926
>>56216948
>>56216994
it's as if Draining the SPR has consequences kekekekekeke
Brent and WTI nearly on par at 95/bbl

>>56217032
Its again buying high selling low
It's an El Niño year, El Niño years have very mild to hot winters. On top oil demand isn't the highest. You oilers are getting scammed. Don't forget to take profits

>>56216926
>>56217032
But, oil barons, if you break $95, you will kill the market. For years. It's over. And you're squeezing something you know will be $20 next year.

>>56217093
I an't an oil baron. see my post here: >>56216047
I'm expecting Russia-Saudi to lean on oil and break the Eurozone economy.

>>56216927
Shill her a smallcap Canadian oil E&P for the lulz.

>>56217079
>El Niño years have very mild to hot winters
In the Northern hemisphere, which is most of the world yes. But note that for Australia and NZ el NiÑo means extreme heat and drought. Also note anon that there is an Indian ocean dipole anomaly right now that will affect the Indian subcontinent and again Australia

Finally, I agree that demand for oil is low but there is so much money that needs a place to be parked it's unreal. Investors are hoarding USD right now but they need safe places to put their money and I think they are feeling like oil is safe long term

Can someone explain to me what is Bidenomics?

>>56217129
Same cobbled together nonsense every president jerks off over when creating "the ___ Doctrine" for their foreign policy - it's whatever shit their sophomoric advisors come up with.

>>56217106
Ivans and Camel jokeys are 100% going to reduce production again on the 4th, though the reduced demand because of the dying German industry won't affect Eurostan more.
>>56217121
>Parking money
Bonds, I don't see how parking it in oil with demand in the shitter while prices rise to high demand levels is a good idea

>>56213567
Fellow oil barons
Do we even sell or just hold?

oil...
what's it gonna do next?
if go up, then rampant inflation -> need to raise rates more -> everybody dies
if go down, powerful oil people sad?
what's driving the price? is it not within the powers of people who wield power over the powerful oil people to make them make more oil? or will the powerful oil people say "no"?
how scared should i be?

>>56217171
the wildcard is with india, brazil, and china right now. Brazil and china reducing rates and trying to push stimulus. So if the USA holds on for around 6 months then oil can coast along 100/bbl before things break apart.

in the end only timing the turns matter when making money trading.

>>56217171
>Bonds

just note that they are selling off consistently rn. To me this means investors aren't going to pick bonds because they know the rate is going to keep climbing

>>56216928
When did you buy them and more importantly what's the thesis.

>>56217185
The Fed is doing QT, and Japan and China aren't in the mood to buy US Treasuries so Yellen has been boosting issuance of more Notes and Bonds every auction into weak demand.

What’s a safe long term stock I can buy leaps on?

>>56217180
China has already started its ultra lax monetary policy and it doesn't seem to work out, India and Brazil remains to be seen but I don't see it working out as well, the bricshitter are looking to me as if they all try to scam each other, while the overall demand in the west remains low for imports. My bear radar is tingling and tells me to start accumulating drip
>>56217185
Jamie has alluded to 7% final rate, but last week Powell sounded like they gave up on inflation control out of fear on crashing the party. I mean sure why not wait for china taking the haircut and buying for a discount.

>>56217224
Could you imagine her in bed with you tonight?
I'll bet she'd be a real bitch about whatever economic bullshit she was dealing with today.
You'd reach your arm around her and tell her "it's ok" and then you'd fuck all the problems out of her.
https://www.youtube.com/watch?v=KXlPwH0IWCY

>>56217185
when people are they are selling off bonds, they mean selling longer dated treasuries for shorter ones (bills)? the lingo confuses me.

>>56215033
Can you elaborate anon
Coal looks attractive

>>56217248
yeah it's a hard sell but you just need some desperation to set in with Evergrande and now Country Garden real estate blowing up. The CCP might do more crazy sh!t. They've already reduced capital gains tax on chinese stocks and they're thinking about letting foreigners own more % of their stocks.

If Japan starts getting anxious with the USDJPY above 150 then maybe that'll stop the pressure in the FX markets and China and Brazil have more breathing room.

>>56217283
When does equity go so far negative that they're paying me to fuck chinks?

>>56217175
I am playing chicken with what I think is the price I deserve. We will see if I get it. If it happens I am gone until we correct.

When should I open my oil short?

>>56217230
I've got one but it's in Japan.

>>56217283
Japan is complicated. Ueda is dovish and doesn't seem to be concerned with yen depreciation looking at yesterdays minutes while Suzuki is getting anxious. In the end its Uedas decision
But ccp, Winnie is going crazy, I think they are legit afraid of internal unrest and Vietnam buying US fighting jets maybe looking to expand their territory to the north

>>56217363
>Japan is complicated.
Short for the next decade.
Donate to my patrion for more great investment advice.

>>56216948
kek sauce for that image?

>>56217393
>>56217393
>>56217393
>>56217393

>>56217363
indeed anon; it's quite interesting overall. Somebody is gonna be screaming in pain somewhere when that DXY gets too high and it's back to buying overvalued tech for another 6 months like in March's banking crisis.

>>56217399
Banking

>>56216340
white guy suddenly finds himself in the bad part of town.

Central baking

>>56217481
Chill.

>>56217311
That's too dangerous to do, anon. Surely there are safer things you can short.

>lost $1.5k holding VTI
>was paid $1.5k dividend for holding VTI
I dunno bros, I think I'm gonna have to cash out and invest into something tangible.

>>56217311
as others have said
bad idea
you're thinking enjoy about shorting a commodity where the only difficulty is adequate storage and time to production.
it takes a long time to come up
and takes a lot of lost demand for it to come down.

if another thing like covid happens then yeah sure

>>56217730
Demand is down. Opec+ isn't cutting production for shits and giggles accepting shitcoins like yuan for their dinosaur blood and it's no grand conspiracy to fuck Eurostan. It's fear and desperation

futures

>>56219026
its over