/biz/ - Business & Finance

>>56455811
Why would you buy when it's bearish though? When everyone else is selling, the move is to sell. I say this as a cryptobro who has bought 'the dip' at 18k in 2018 and 45k in 2022

>>56455811
>Bofa

>NAK is up 60% YTD and growing despite that fraudulent lawsuit

NAKbros... at this pace were gonna be over 1.00 by next spring. Then we will gain more potical influence to get the mine mined. The political winds will change soon.

Thank you all.

How do I avoid getting fucked by the IRS on wash trades?

>>56455811
BofA these nuts lmao

>>56455811
We fucking did it no landing bros

>>56455860
you only pay taxes on income bud, if you make $50k in good trade and lose $30k in bad trades, you only pay taxes on $20k at the end of the year

>>56455860
don't wash trade ?

>>56455876
name one "technical trader" in Forbes
>>56455850
anon I think you do not fully understand what global corporatism is.

I'm tired. Just close the markets already so I can witness the AH pump.

>the most obvious bulltrap of all time

>>56455925
Jerome is the most obvious trap of all time
"She" doesn't even look cute

>>56455860
You can apply for 'tradet status' for the current year when you file your return for the previous year, but there is no clear cut rules for if they accept you for that, but if you spend all day trading everyday, they might grant it

>>56455919
Market cap and GDP aren't really comparable THOUGH.

>>56455913
I have to manage risk which means sometimes I have to sell then buy back in within 30 days if the market turns around. The alternative is don't sell but then you open yourself up to potential catastrophic losses. And if you don't get back in when you get a signal you will always miss the best trends

>>56455940
>You can apply for 'tradet status' for the current year when you file your return for the previous year, but there is no clear cut rules for if they accept you for that, but if you spend all day trading everyday, they might grant it
I've heard this and I've also heard it is difficult. Not having clear cut rules is fucking bullshit when it comes to something as important as taxes. That's how I know it's a scam

How do you guys manage your hair loss when trading?

>>56455837
buy when there's blood in the sheets
probably a virgin so she'll love you forever

>>56454686
what's there to be afraid of? we just entered a new bull cycle. only smooth sailing from here on out

>>56455962
i shave my head, one less distraction

God, I hate bears so fucking much.

>>56455956
Yea, there have been many weird situations litigated and some kind of contradict each other, but yea the whole thing is completely tyrannical bullshit that just fucks over people trying to trade for a living

https://www.youtube.com/watch?v=j2AvU2cfXRk

>>56455962
Gucci baseball cap

look at those puts on XOM

>>56455972

>>56455947
Anon, never go long UVXY. wtf are you doing? The only time you ever long volatility ETPs is if the market is crashing like 2020 or 2008 and that's a tiny fraction of the time. And even then stay away from UVXY. Use VIXM instead at least then you have a fighting chance. Volatility is to be shorted and that's mostly it

>>56455854
The pebble project is never going to happen, the risk of damage to the salmon spawning grounds is too high, and I say this as an AQB investor who would capitalize on the higher costs of salmon.

Commieforñia, bitches waives their rights to become a prostitute, how do I buy more?

>>56455962
I shave my head every day
Which, coincidentally, is the reason I stay at home watching stock charts all day. After shaving, my head is so bloody and razor burnt that I couldn't possibly go out in public

>>56455962
I revenge trade and lose more trying to make it back. A couple rounds of that and I'm completely demoralized so I just sit and sulk until I get over it then do it all over again with a fresh ticker

Bobo might actually rope by Friday

>>56455919
>(((Forbes)))
Bet you still get Fortune, Barrons and FT delivered to your doorstep

>>56455853
bofa deez nuts

>>56455986
What's the point of this post? We have been in QT for some time now and we are still feeling the effects of lack of liquidity coming in.

>>56456023
I now realize I misunderstood the question

>>56455942
cost of doing business then

>>56455984
wait people unironically trade for a living?
Do we have any full timers in smg? If so i have a few questions for you:
Do you live at your parents?
If not what did you start with?

>>56456044
Weirdly enough it made perfect sense as an answer to my question.

>>56455871
recession talk has vanished already

>>56456007
are you retarded, we proved many times there will be zero to no impact on the longevity of wildlife there.
The Pebble mine didnt happen because of politics, thats it.
Like I said, once those political winds change and people realize we need to tap into our own resources (you know to, better fund middle east wars), then theyre mining that shit into oblivion.

>>56456001
tl;dr i thought euro breadbasket shortage (ukraine & multiple shipping issues) would be an issue then i got a gf and that fell out of my scope of attention.
durr i made a month trade and forgot about about it basically.
now it's a matter of do i get out rn or hold on for 1 more month hoping for the 1% chance there will be a consumer credit event.
I'm tempted to dump but that in itself seems like an emotional reaction.

God dammit... that's the last time I get the Spicy Singapore flavored ramen noodles. This shit is too fucking hot. Next time I go to KR, they had better have the shrimp and stir fry flavors in stock!

>>56456032
No, I only order hustler magazine off amazon.

>>56455925
stfu

BEYOND THE BELL BABY

>>56455962
>hair loss when trading?
Well the first rule is don't lose your hair trading,
The second rule is don't forget the first one.

Ding ding ding! How did it go today anon?

>>56455962
Hairloss from stress aka Telogen effluvium isn't permanent.

MPB is though, so you better buy the anti androgrens and minoxidil or else that shit is gone.

>>56455962
I'm balding (Island on top of head, forehead) at 38yo and I've come to accept that this is just the way it is and there's little to nothing that can be done.
I feel kind of liberated now.

>>56456089
Next time just use half the packet and put a billion cube in the water instead

>>56456000
MWAAAAH, THE FRENCH!

>>56456080
They sent in an entire Army of Engineers and spent millions of dollars trying to figure out how to keep the salmon safe, and at the end of the day it turned out Salmon Lives Matter.

>>56456112
My SVIX-y stays super sticky

>>56456112
+$900.98

>MSFT AFTER HOURS BABY

>>56456112
$3k

>>56456112
We will soon find out.

on literally no news

OOOOOOOOOOOOOOOOOOOOO

>>56456041
I just like their bits. I find it ironic how politicians and the Fed act like everything is fine, even better than last year. Just do the opposite of what they say.

>>56456112
Sold MARA, RIOT, CLSK, HUT, BTBT during the morning pump.
Sold the last of my Oil Shorts towards the close.

Been a great 2nd half of October. Now onto the Tech Earnings show.

>MSFT

WTFWT

AAAAAAAAAAAAAAAAAAAAAAA

>>56456080
bro have you not seen a tailings dam failure
and iirc they were gonna build the cheapest kind of tailings pond dam
and like the biggest in the world
it was a dumb marginal gains project meant to make a few native corp head honchos rich.
we're better off learning how to harvest landfills at this point and focusing resources on petroleum geothermal and smr

>goog
oh boy

MICROSOFT BEAT

GOOGLE BEAT

>>56456112
Idk how I did today or yesterday or Friday or Thursday. Do you guys trade/check your portfolios everyday?

>>56456144
earnings is in a few minutes

>>56456128
no, look at their original report. The Army Corps concluded there will be no long term damage,

but then envriomental cucks (on both sides), said "noooo not like throw more shit at the wall until something sticks";

Didn't an anon have some GOOG puts earlier he was asking about? That anon made it! Good job bro

>>56456146
I HOPE YOU TOOK THE MONEY AHAHAHAHAHAH

Alphabet C (GOOG) 1.55/ 1.45 76.69B/ 75.98B

S&P 500 to 2000.

>>56456181
AAAAAAAAAAAAAAAAAAA

why is goog beating and shitting the bed?

Microsoft (MSFT) 2.99 / 2.65 56.5B / 54.53B

>>56456197
QUI?

>>56456197

>still falling for Wallstreet tricks
based retard

why is GOOGL dumping despite beating?

>>56456197
FORWARD LOOKING MARKETS MUMU

Who’d doing circumcision, Block them, they’re gay. Anybody here gay and don’t know what to trade next?

>>56456192
rip anon

>>56456197
markets top on good news sport

>All these companies beating earnings
Bear case: nonexistent

>>56456197
>>56456216
because you only need like 5 shares to throw the price around in AH

>>56456197
The beating was not severe enough maybe.

>>56456174
Yes, we check it pre market, after hours, and we check futures at 2am if we wake up to piss. We live and breathe this, fren

>>56456197
>>56456216

>anon still thinks it's enough to just beat goal posts that analysts and corporates make up.

You'll learn one day...

>>56453704
F in the chat for this anon's META calls

MICROSOFT Q1 24 EARNINGS $MSFT

EPS $2.99 VS EST. $2.24

REV. $56.5B, EST. $54.54B

PRODUCTIVITY REV $18.59B, EST. $18.29B

INTELLIGENT CLOUD REV. $24.26B, EST. $23.61B

.

ALPHABET Q3 23 EARNINGS $GOOGL

EPS $1.55, EST. $1.45.

REV. $76.69B, EST. $75.54B

GOOGLE SERVICES REV. $67.99B, EST. $66.89B

GOOGLE AD REV. $59.65B, EST. $58.94B

>>56456197
only referenced AI plans 12 times

>>56456176
bro the army corps is full of spreadsheet brained morons they have zero future vision

>>56456197
(((aftermarket)))

>>56456249
VISA Q4 23 EARNINGS $V

ADJ EPS $2.33, EST. $2.24

NET REV. $8.6B, EST. $8.56B

EPS $2.27 VS. $1.86 Y/Y

>>56455908
Wash trades are trades where you try to claim a loss tax credit for selling a security and then buying it right after. It’s meant to stop scenarios where you might want to create a deep loss on a stock you still want to hold to reduce your tax bill for the year. This is why most tax loss harvesting strategies involve rotating into materially dis-similar underlying equities in an index, E.G. rotating from coke to Pepsi and back and harvesting the losses on any single equity when rotating.

AMZN pumping after hours.

She's doing it again, she just can't stop swaying.

>>56456176
>no long term damage
and the Hoover is not sinking

>>56456244
And just like that, the admirable market maker jewish privileged one eats a S200 steak for lunch on his dime

>>56455811

well this went well

(+$1,1k today)

>>56456249
>>56456262
Where the fuck isn this revenue coming from?!?
Who's buying all their shit?!?

Ah. It’s one of those who is jewing who. We gap up bigly at open!

wow even snapchat is popping, rare

tomorrow will be a brutal short squeeze

>>56456285
The consumers who aren't doing NEARLY as badly as faggot bears want them to be

>>56456285
azure growth apparently is what the article says

>>56456213
>>56456220
I have no money on goog, but usually they say something retarded when they beat and the stock tanks nonetheless.

If I buy 1 stock and its price falls 10% and I shit the bed and sell, then rebuy like 0.8 stock immediately and it pumps 10%, I don't have the amount of money that I originally had, right? Because I only have 0.8 stock at the same price when I had 1 stock.

Why did I think that if I invested the same amount of money that I had when I was at loss that I would gain the same amount of profit if the stock recovered.

>>56456284
>SL
It fell back and you closed them as a safety measure

>>56456294
I say red tomorrow. I called the Monday pump and the Tuesday crab, betting nice and red tomorrow. But I've been wrong before and will be again I'm sure. We'll see I guess

>>56456285

>>56456285
AI war with China begins desu. Let the final Dot Com Pamp continue!

>>56456311
Becuase you touch yourself at night, that’s why!

>>56456266

Find the next Theranos chick for colored eyeballs, who cares, find the next whale net.

>>56456112
+.49%
Been a decent week so far

>>56456285
Same place (((they))) always get the """revenue""" from. Sorry you weren't invited

>>56456112
>>56456331
ayyy

>>56456304
Must be.
It's inexplicable in any other way.
Just look at how well digital collectibles (crypto) is doing at the moment, as well as physical printed on cardboard...
Weren't we supposed to be in a monetary deflationary cycle since the FED is tightening?
How come ever increasing amounts of money can be spent on products at the same time.

All deflation talk is untrue and bullshit, imo.

We're still in a massively inflationary environment.

We're fucked, the whole fucking market is about to take a giant dump on all of our chests, and the hot water heater is broken so you have to clean off with a cold shower.

>>56455853
with jews you... Win?!

>there are people ITT who unironically think the numbers / estimates matter
>the bar is set low
>wowza, we jumped the bar
>[forward guidance: shit is really bad! holy fuck!]
meanwhile retail is going HUH!!! numbers huh!! they beat on the numbers!! what!!
not understanding that the numbers can be estimated at whatever, to produce a "beat"

>>56456350
Shut the fuck up.

>>56456343
Wtf

>>56456346
It's literally massive deficit spending. As long as that continues JPow is powerless to slow the economy. You can't fight hundreds of billions rained down by the government with a few piddly interest rate hikes

>>56456350
Heh, this is how I know my calls are secure tomorrow!.

Damn... if this MSFT pump holds through to tomorrow... I could pay my rent

>>56456350
when it does you and your gookfu be the one to clean it up with your laundromats.

>>56456358
Lmao what kind of delusional bear cope is this? Retail is bearish as fuck and trying to twist good earnings into something bad. No one is forecasting negative guidance

>>56456350
Well tell your uncle's and grand parents and relative's fellow temple congregants and bankers to stop suppressing free energy and other technology and we could have a better world

>>56456358
I figured most people realized it's really about the tone of the conference call and forward guidance. Sandbagging the analysts is the oldest trick in the book

>>56456346
>digital collectibles
digital beanie babies and pet rocks with nothing you can put in your hands

>>56456304
Consumer wont be hurt until unemployment spikes, unemployment is the last Bear boss.

>>56456359
No you shut the fuck up, Mr. I'm 38 years old and use the shampoo on my balls and soap on my head.

Stick to the strategy
>always inverse /smg/

>>56456350
Bring it on, bobo.

>>56456387
Yes.

>>56456378
a broken clock is still correct twice a day

>>56456394
I use baby shampoo on my head and soap on my balls you motherfucker.

>>56456394
wait you are 38 and you look like that?! Lay off the onion milk baggot you look like shit.

>>56456397
Nice job anon. I remember your ipad post from earlier

>>56456285
Probably the Bing AI drawing output. I dont think Ive laughed harder than when I saw the AI artwork for India memes. That positive contribution to mankind cannot go unrewarded. Microsoft earned that money.

>>56456285
Google buys their own stock, tech industry across the board has been downsizing, getting out of realestate and laying off workers. Banks always do well when interest rates increase, they just pass it along to the economy. Pay up or they'll take your shit.

>>56456397
It's really just inverse Baggie

>>56456394
>38
I had you pegged for late 40s at the youngest. Get your shit together man

>>56456397
But how do we know which ones to inverse, since there are many contradictory positions being shilled and advocated here?

Technically you are /smg also because you post here, so should I inverse you? Or inverse whatever is the total sentiment of the majority?

>>56456112
Can't stop, won't stop, buying.
$225,362.18. +$5,002.50. +2.27%

>>56456432
Baggie is our SJIM
>SBAG

>>56456412
well if you're bald you should probably be doing the opposite since you've got more hair on your balls than your own head... dickhead.

>>56456442
+2.27% on the day
-26.61% total
lmao

>>56456366
Sounds plausible.
I'm of the opinion that we are going to be entering the 2030s with a FED funds rate at or above (positive) 7%.
In the later years of this decade the overall economy will probably run in a kind of over-drive mode previously unseen and deemed theoretically impossible.
Clown world has yet to peak.

>>56456394
I use shampoo on my head, face, pits and balls. I also shit in the shower because it's the most efficient use of my time.

>>56456447
Kek

>>56456429
topkek

>>56456350
Say the words baggie

Over the past 3 months, all I've done is generate realized gains and unrealized losses. I'm pumping up my tax bill while my portfolio goes nowhere.

>>56456442
I mean, that looks horrible, but by all accounts it should work out to your advantage down the line.

>>56456458
same, minus the shitting part. it's way more efficient to just use the toilet instead of having to handle the shit.

>>56456432
>>56456447
Remember back in May right before NVDA went to Pluto after earnings when Baggie was showing off his puts? He had like 5k in on those things posting screenshots a couple hours before earnings. I should have known to go all in on far OTM NVDA calls that instant. Shit was funny though

>>56456442
I saw your losses decreasing may-july and you didn't close the top when your loss probably was like 5-10k. Too bad.

>>56456482
I DIDN'T WRITE THAT, THAT HAS BEEN PROVEN A FABRICATION THAT ONLY RETARDS LIKE YOURSELF EVEN FALL FOR.

>down 97% on my BYND bags
Someone wake me up

>>56456112
>Only +0.63% after daily inflation

>>56456488
What's going down is the line

>>56456510
So what you're trying to say is that youre so sick of being run over like this?

>>56456410
a man with 1 watch knows what time it is. a man with 2 watches is never sure. SWGAY

>>56456112
I'm still reeling from heemening I received yesterday

>>56456522
good one desu

>>56456488
>horrible
horror is a state of mind, and right now I'd more accurately describe things as annoyance. Horror is so last year.
>>56456508
>close the top
And sell when I was still down? Just how bad of a trader do you think I am?

>>56456542
where do you check that?

You all can just inverse me. Give me $30 and I'll buy a $15 call or put on whatever that way it's guaranteed to go the other way and I keep my tiny $15 inverse fee and you guys can make bank!

I'll make up to 10 trades a day and do all that paperwork just to help you guys out

>>56456517
>after daily inflation
Based.

What are those SNAP fuckers saying? I was cumming my pants now i'm getting cucked

>>56456555
Fidelity dot com > Performance
phoneposters need not apply, this chart is for desktop masterrace only.

>>56456556
hope that from behind a good VPN larper

>>56456571
What about one of those new hologram projector phones? Don't they have something like that out now?

Is this a good trade?

>>56456542
Kek, your loss probably was at 5-10k EOJuly. Now look at it being 1/4 of your money (again) and chances are it will only grow more negative with time, especially with time, even if we crab.

>>56456517
OH SHIT I THOUGHT YOU DIED WAHT UP

>>56456593
Meh. Once I bring my cost basis down to the crab line, I can start selling CCs for some real money.

>>56456583
Why would I need a VPN to say something that's been said for years here?

The joke that every trade someone makes the market immediately goes the other direction is now some kind of crime or what?

>>56456542
>And sell when I was still down? Just how bad of a trader do you think I am?

well if you can't even beat a T-Bill's return then you're pretty damn bad

>>56456181
Holy shit. I didn't expect that to work out until next summer.

>>56456501
>Remember back in May right before NVDA went to Pluto after earnings when Baggie was showing off his puts? He had like 5k in on those things posting screenshots a couple hours before earnings. I should have known to go all in on far OTM NVDA calls that instant. Shit was funny though
kek I found it. Imagine being baggie in that instant >>/biz/thread/55073960#p55074255
Literary holding 6k worth of NVDA puts on the eve of the company's very apotheosis

>>56456517
Welcome back

>>56456571
Oh, this is new... when did they finally add these charts?
I'm almost caught up!

>>56456558
My SGML needs to get its shit together or it's being cut from the roster.

>>56456606
Had some rough times and felt like I did, but I'm doing better.

my goal is to work this 15 dollar an hour minimum wage job and hopefully recover my 68k loses. once i am back to 200k (currently around 125k and dropping) in my port im going to quit. im sure it's going to work out :)

>>56456585
It ain't the screen, Fidelity just knows that phoneposters can't handle the truth that this chart will show them.
>>56456616
I am beating it
>Your 1-year cumulative pre-tax return +27.17%
>S&P 500® Index +14.27%
>Bloomberg U.S. Aggregate Bond Index +1.61%
>Bloomberg Municipal Bond Index +2.15%
I'm just zoomed way out, farther than any chart currently shows.
>>56456629
I think it's been a few years, anon

>>56456634
Based and perseverance pilled.

>>56456556
You're not clear on how this works anon. Here, I'll help. You see, this is all a simulation. We all live in our own virtual machines within the greater Bog hyperverse. Our pocket realities are exactly the same with one small exception. No matter what investment scheme you attempt you get Bogged. We could literally inverse each other an infinite number of times and we both would get Bogged every single time. That's the irony of it all. It's all a big joke and those guys were the biggest jokers of all..

>>56456664
>I think it's been a few years, anon
No, it definitely hasn't. I searched all over a little while back for that and couldn't find it. And then when I just went to it now, it had a popup saying it's a new chart, but not since when

>>56456498
>handle
Just move the drain filter thing.

SNAP only lost $400 million (bullish).

imagine not owning MSFT.

MSFTchads are eating good. Seriously, who the fegg is idiotic enough to short MSFT? That's the single most retarded move you could do in this market.
Surprising that Alphabet is down after earnings. But I reckon that it's gonna be green tomorrow. The aftermarket rarely matters. Texas Instruments looks scoopable soon... great divvies. I am so jealous of my mum that bought Texas at 20 and is getting huge divvies

how the fuck is it all the earnings cancelled each other out on the nasdaq chart

>>56456711
>not far OTM calls
you have no courage. you have no conviction

i know when the nightmares finally reach their delirious apex we are near to bottom

>>56456720
We will crab forever

MSFT has been flat for 2 years, and in that time has paid shareholders back less than 2% in the form of dividends.
Buyers today can lock in this performance at an incredible 35x earnings.

>>56456718
I looked at TI a while ago and there was something that turned me off to them. Maybe they have a lot of debt?

>>56456739
adjusted for inflation thats only a 7 P/E

SOXL bros not like this

How do I profit directly off republicucks making corey booker speaker?

>>56456661
that what...only like another 40 years of /smg/?

>>56456751
Adjusted for inflation these growth stocks have no growth. Considering most of the profit is reinvested internally towards growth, they're actually achieving a negative ROIC.

>>56456756
That blank ass "body type 1 skin tone 3" ass mannequin nigga?

3 of my4 positions held thru the bobo times. only one got stopped.

thinking should i go all in or not in one of them

>>56456757
yeah probably but after living as a neet since like 2009 i think my 60/40 port could potential bounce back one day. both stocks and bonds have been performing horribly, the worst in the entire history of the stock market so it can only go up from here. i just need to stop the bleeding in the meantime and stop dipping into it as much when paying my bills and hopefully put some money aside and build it back up again.

bulls are back in control! you know what that means, more pain and suffering awaits. might go out and steal some rope today, not like i can afford to pay for it!

I bought more SCHD.

>>56456792
>the worst in the entire history of the stock market so it can only go up from here.
Anon, I...

>>56456696
I mean the drain plug in the tub comes out and then there's the hair trap under it, which would have to come out, and then I have to leave it all out instead of putting it back together to maintain peak effeciency, then there's the whole part where I have to rationally explain to Gookfu that I was shitting in the tub. You know what? I'ma just stick to shitting on the shitter.

>>56456809
All I'm saying is it can't POSSIBLY get worse from here, it's only smooth sailing from here on out. The rest of this year and next we are gonna see some good things from the market again!

Should I invest in big banks right now?

>>56456825
This but unironically.

>>56456809
If you account for inflation both the stock and the housing markets have crashed and we're at a local bottom. It literally can only go up from here and I feel very safe and secure DCAing into S&P500 funds knowing that the fundamentals of the economy are sound and a robust American continued century of dominance will hold.

Microsoft beat earnings and stock jumped up postmarket. That means we continue going up right. Right? It wont be like last time with NVIDIA where we jumped premarket only for a brutal red carnage during the day right. Right?

>>56456826
>hundreds of billions in unrealized losses

>>56456839
>market being lead by bloated tech

There will never be another bull market until the dow and the russell stop shitting themselves and can actually follow suit

>>56456837
I like the thought of adding at the bottom of the channel flag we have going.

>>56456661
What the fuck were you doing these last 10 years? You went all in in 2021 or what

>>56456856
mutual funds inheritance i got when i was around 8 and never used until i started living on my own

>>56456826
buy bitcoin instead

>>56456127
kek

>>56456854
Ibm, xerox, and chevron never got us out of bear markets. Tech always leads out of bear markets, zoomy. Kys

Mumu sisters...

>>56456756
We're giving a woman control of the national budget?
Short bonds.

>>56456741
The debt isn't that bad, I just checked. It is growing though (understandable since rates are rising). Their balance sheet is more than enough to handle these small issues. I like that they keep raising their divvies and they have massive exposure to the US military.
Still, the stock is looking pretty bad from a technical standpoint but I guess I am gonna start averaging into it as it starts hitting a region of 130-138 as that was the value it had right before the Covid crash. If it falls to such low levels, it seems almost too idiotic not to buy

>>56456739

>>56456862
So it was like 50k when u got it and was worth 200k in 2021 or what

>>56456867
No they didn't but they are also a good indicator like copper if we are truly in one or not. Does not matter how well tech is doing ytd if the rest of the market isn't following along we are still in chop/bear territory.

>>56456884
it was like 130k 25 years ago and pumped to like around 250k-280k and has slowly been dying since

>>56456826
bill gross said he is looking for regional banks

>>56456880
What will the 21-23 (now over) stock market crash be called?

>>56456904
And u just let it? kek

>GOOGL beats earnings
>stock tanks
anyone have an explanation that doesn't involve the jews?

>>56456920
i told you i was a neet anon

>>56456891
>Does not matter how well tech is doing ytd if the rest of the market isn't following along
Russell has been limping around for years now and noone gives a fuck tho

>>56456664
ok let me zoom out the T-bill chart and adjust for divies
>around 10% gain without reinvesting the interest (also no federal tax for interest paid on Treasury bills, notes, bonds)

Yeah you still got some work to do as a trader

>>56456928
Okay and? What kind of excuse is that. When you are neet you should have more than enough time to manage your money

>>56456880
>>56456739
wow if there only was some global event to explain why this happened to MSFT and every other tech company

>>56456925
define "beat". Note that GOOG doesn't usually offer guidance in ER so analysts make up goal posts for the next quarters based on what they see so far.

>>56456925
cloud division of alphabet missed

MSFT chads we eating good today. googlcels on suicide watch.

>>56456943
I never cared about that and I still don't. I'm not cut out trading in this environment and sure has hell not going to gamble on something stupid like options when you can lose 60k in seconds instead of over 3 years. I'm just going to bet that my port is resilient enough to bounce back and this job will help it back up.

>>56456955
thank goodness youtube division beat....right?

>>56456959
So you are literally keeping it 60/40, not touching in? What u doing in this general

>>56456970
Because I was wondering why it kept tanking around towards the end of 2020-2021 and decided to lurk more in /biz/ to see why and now I monitor a lot of what is going on in the market and get answers to why it's happening.

>>56456925
>GOOGL
>+55% ytd
Wha the fuck is this shit? Who is buying this? I can't see myself buyting MSFT, GOOG or NVDA until that AI bubble pops

>>56456962
This is peak YouTube. They're definitely in the money extraction phase and are going to drive people to seek/build alternatives.

>>56456970
Whoa, don't gatekeep a fellow linewatcher.

>>56456880
I won't be surprised if MSFT is still trading between $300-400 in 2030. Lets check back then.

Nothing against swinging the volatility for profit, but anyone slurping these megacap tech stocks today deserves what's coming. If you're buying these trillion dollar tech stocks back at highs expecting some massive longterm returns, you are going to be disappointed.
Past performance does not guarantee future returns. What was once great will not always be.

>>56456925
>>GOOGL beats earnings
>>stock tanks
>anyone have an explanation that doesn't involve the jews?

>>56456958
Feeling good!

>>56456984
Not even trying paper trading? You would rather wage for minimum pay watching your boomer port evaporate than trying to make some more money trading?

>>56456991
I don't think I use a single Microsoft product.

>>56456999
>>56456925
they missed on cloud growth. unlike us msft chads.

Don’t forget META is tomorrow as well. And I know for a fucking fact they will beat.

DRV REAAALLLYY liked these earning statements...lmao

>>56457019
I hope you're running Arch on that thinkpad

>>56457025
>Don’t forget META is tomorrow as well
Abandon Clown Car!

>>56457014
I told you I tried trading and wasn't cut out for it. I spent early summer in 2021 and 2022 put in 1000 and made a bunch of little trades back and fourth and made back like 800 or 950 back. You have to make several consecutive good trades and good calls if you even want to stay afloat. One wrong move and that can erase it all in and instant. I have seen it all the time here.

>>56457035

>>56456997
Personally I'm in MSFO because I don't think MSFT is moving that much right now. But also seven years is an eternity in tech, especially with the AI space shuttle taking off right now. Anything could happen by 2030.

>>56457048
TL;DR

>>56457037
Welp. How many years do you think you are gonna have to wage? And what will you do once your portfolio recovers to 200k?

And we have AMZN on thrusday? My Dudes, load up on QQQ calls!

So what caused the pump this time?

>>56457048
Imagine all the Bidenbucks they gunna get for election work.

>>56457070
It could be decades of waging who knows. At this point I am done being a neet and want to do something with all my time and to get some stable form of income rather than relying on something so uncertain like my portfolio right now because things could get a lot worse or we could actually turn around and get better. But I don't want to take that bet anymore

>>56457082
Earnings being smashed by MSFT and GOOG. Soon to be META and AMZN

>>56457082
We're unironically hitting bottom. Companies beating on revenue + hedge funds reversing their shorts on bonds completely evaporates the bear narrative for the year.

>>56457082
this is so fucking retarded

>>56456997
>What was once great will not always be.
All that is gold does not glitter,
Not all those who wander are lost;
The old that is strong does not wither,
Deep roots are not reached by the frost.

>>56457090
How you managed to transition into waging? I have been neet for my entire life and I think I would kms if I had to wage

>>56457082
Israel turned out to be another massive nothingburger

>>56457101
>reversing their shorts on bonds
I thought these faggots were trying to leave the market by buying overvalued bonds?

SPOT up 10% for the day. Maybe they'll make money one day.

TLT holders I kneel. I think TMVs time is over for now. I think I'll buy TMF.

>>56457119
Idk I just finally got motivated enough and went and searched for jobs and got lucky someone wanted to hire me despite not having a resume. I saw my port hitting a breaking point with me and decided I need to try to find a better way to salvage this rather than make bets I have little to no experience in. Like I said once I can unfuck my portfolio enough, however long that might take, I am going back into neetdom but at this point I can't reliably be a neet anymore until I do this.

>>56457055
>especially with the AI space shuttle taking off right now. Anything could happen by 2030.
Anything could happen, but seven of the worlds largest companies that today make a significant portion of global wealth 10xing relative to the rest of the market is incredibly unlikely. For that to happen, they would own the whole market. The reality is these tech names have already seen massive bounces on the AI expectations of the next decade, its the entire reason they're back at highs, rather than languishing with the rest of the market. Anyone chasing to buy that narrative today is pretty late.
Nothing can outperform forever

Look at RSP vs SPY YTD returns. Megacap tech makes up the entirety of positive performance.

>>56457119
Start with a part time job and adjust into full time.
You get used to the long hours eventually, unfortunately.

>>56456925
Remember when the pentagon went with azure instead of aws? Boomers. Every. Single. Time.

>>56457163
I don't think it's unfair to say that we're in a new paradigm, as far as tech is concerned. This is some next level stuff and I think we're going to moon way more than most people realize

>>56457198
This. I memes on ai, but for gobpvernments and politicians to be this scared of it; means there is a lot of money behind it

>>56457207
who would have thought the dystopic ai overlords that rule the world we read about would have been just the United States all along?

>>56457207
The Metaverse went from retarded cartoonish nonsense to high res 3D scans of people real quick. Unreal Engine isn't even AI and it's insane. The next generation of consumer tech is going to be completely mind blowing compared to what we have now, like the leap from Playstation 1 to Xbox One but times ten

>>56457264
I’m doing a case study on META. I may be poor but I know that reality labs didn’t spend double digit billions without some return in R&D. I’m excited for tomorrow afternoon. I just don’t know how high the stock could really go. I didn’t expect NFLX to break 400.

>>56457163
You could have made the same argument in the 1800s about factories and subsistence farming. There's no way factory growth continues, it would make subsistence farming almost totally obsolete! Except that's exactly what happened and now the US economy is only 5% agriculture.

I'm not betting my portfolio on it but I'm not betting against it, either. "It can't possibly go any higher" is very often wrong.

Americhads win again, europoors btfo. What are we buying now that we're all fed certified millionaires bros?

>>56457300
We'll all be billionaires if they keep increasing the money supply at this pace.

what the fuck is going on
is it going up or down now??

WTHWT?

>>56457319

>>56457319

>>56457319

THREADED

>>56457332

Baking

>>56457300
>IRS face when
Yeah I'm thinkin we're fucked

Talk me out of going all in MARA tomorrow

Someone in my apartment keeps running the water to fuck with the landlord and I don't know if he is based or if there will be inevitable consequences for not ratting him out.

This has been a shit week so far. Can I lose more money? We will see.
Fucking poverty man.

>>56457307
>>56457307
>>56457307
>>56457307

>>56457317
>never studied stock performance during hyperinflation

Anon, I….

>>56456350
>>56456394
>>56456449

kys faggot bear get fvcked

>>56457082
bing dalle3 usement and derps making new accounts

>>56456940
You can make 10% in three months with treasuries?

Futures

It's over bull bros