/biz/ - Business & Finance

First for worst /smg/ ever and red day

Greggarino says that the current trajectory is
>Bonds sell off
>Stocks sell off
>money will flood into commodities, cryptos, and physical goods
please tell me he's wrong

buying a leap on WBA could make you rich

waiting for updates on the wells fargo situation

>>56471435
he's wrong

>>56471421
still holding soxl and it's hurting bros... do i just check back in 4 years, or do covered calls?

Welcome to the new paradigm

shadowy cabal to make you (yes, you reading this specifically) go bankrupt.
btw buy spy puts.

Biden crashed the economy and the government shills that have been telling the public to buy the top will soon have angry mobs coming after them.

Why the fuck is the market red? And fuck Facebook. Meta has a good ass earning reports and that shit dumps

>>56471472
Bulls on reddit and 4chan were claiming a win on how Meta reversed the whole market in hour 1 of AH trading today.

META beat earnings, but the stock is still red...why?

>SPY under the 200 day moving average
>S M H under the 200 day moving average
>bot posters at an all time high exhorting anons to buy more at the top
/smg/ is about to make a big mistake and lose a lot of money

>>56471483
cause it should be 90-110 per share valued reasonably, Its a advertising agency, not a tech company or an AI company

>>56471483

>>56471428

>>56471483
because its like beating your wife, or keying your own car. the market is ashamed of itself

[i posted in the old thread...]

have there already been calls for
>emergency rate cuts to zero,
>activation of printers to warp speed level?

>>56471435
It will flow, but these things need an exit strategy.
the commodities to bussy trade is good,
the goods to bussy trade is sound,
the crypto to bussy trade is bust.

>>56471478
That shit dropped TWENTY FUCKING DOLLARS. Why...i don't understand. Facebook always fucks me, it does good but then plummets. I have spreads expiring tomorrow and I'm about to get fucked because it made mine dropped TEN dollars just today. FUCK FACEBOOK

MOO
MOOS
MOOOOO
MOOOOOOOOS
these futures are not happy
>>56471472
>Meta has a good ass earning reports and that shit dumps
Yes this is why I stopped trading individual companies. Earnings are a coin flip every time and the correlation with actual reported performance is weak to nonexistent.

>>56471455
this one or is there something else?

>>56471511
Just wait until the Euros wake up

>>56471500
Not in public. But you can bet the BoJ is talking Powell's ear off. Yellen's too.

Fuck me, all we need are some dune coons to overrun the Conoco Oil Field Army Base and WTI to hit $100.

>>56471516
Saw the timebomb coming and knew everything he had done was pilfered from others

>>56471483
see
>>56468447
I told you there was oddness about the numbers

NQ futures down -1.1%

Black thursday incoming

>>56471502
noted

>>56471534
Fuck problem you got with *Black* Thursday, huh?

>>56471483
Earnings mean whatever the big guys want them to mean. Remember when micron tanked earnings and shot up several percent? This little bear remembers, and it was a very painful day for him.

>>56471421
AI Tool is bullish on TSla and Meta

What does anon think?

>>56471483
>>56471511
Meta has trippled this year. Maybe markets were pricing in a total blow out earnings.
>>56471495
You think so?

>>56471546
i'm curious on this algo, and smg's algos in general if they have any.
or is that something nobody wants to share?

Half a percent down one night, half a percent down the next night... come on, let's have a proper correction.

New pork request. Good news for LEU baggies.

>Improve long-term, domestic enrichment capabilities for low-enriched uranium and high-assay low-enriched uranium.
>This is a national security priority as dependence on Russian sources of uranium creates risk to the U.S. economy and the civil nuclear industry that has been further strained by Russia’s war in Ukraine. Without action, Russia will continue its hold on the global uranium market to the detriment of U.S. allies and partners. To be successful, this initiative would also require a long-term ban on enriched uranium product imports from the Russian Federation into the United States.
-https://www.whitehouse.gov/briefing-room/statements-releases/2023/10/25/fact-sheet-white-house-calls-on-congress-to-support-critical-domestic-needs/

>>56471553
I do not trade using algos because I know it's an inherently losing fight as I do not have access to the algos the market makers use. I just trade on gut feeling, but sometimes I ignore that too.

>>56471458
How much % in red you are?

Gold bros... why do we keep losing

>>56471584
It's making a decent attempt at 2000. Probably cracks it the same time as BTC does 35k.

If you mean something like GDXJ/JNUG, hell, that might be a buyable dip right there.

>>56471526
>>56471546
what are its inputs?
Only my schizo boomer aunt uses facebook and shes a part time instacarter.
My hoarder mother buys shitty chink blankets b/c shes part of a shopping group.
what the fuck is XR

>>56471584
You probably made the mistake of buying brown gold.
Should've bought black gold, texas tea.

>>56471395
I have been trying to get high as hell but my stash went bunk I think from not getting dried enough. Didn't grow anything but it lost potency over the months. Should have new fruits within two weeks. Just added my casing later yesterday.

>>56471593
Even that's been disappointing. We have 5% GDP growth, Mideast tensions, and more money printing than WW2, but it's only in the mid 80's?

>>56471569
Anon all you have to do is hedge when rsi is above 70 on spy

Okay so SOXL and TNA have gotten pounded harder than a Vietnamese hooker these last few weeks
When do you think it’s time to buy in? Is the bottom here or will it somehow get railed even harder?

test

>>56471592
Extended Reality

The yen is at 150.44 to the dollar right now. I was led to believe that this is a bad sign and would lead to more treasury bond dumps.

Any of you MUMUS selling your bonds for SPX

>>56471457
alligator anon-kun

>>56471502
b-bussy?

The fair value of the stock market is $0.

>>56471523
>WTI to hit $100
Crude is going to this price level regardless.

>>56471625
uh huh

>>56471561
I'm tired of missing uranium gains, what's the best to get into? UUUU, UEC, LEU?

>>56471553
I run a few. Lots of ways to build 'em

>>56471656
>>56471656
uh cont...

>>56471534
...and then it's green by close.
We've seen this happen before;
even before clown world started.

>>56471620
IWM to 160 at least, S M H to 129. Things could bounce on the way there though.

>>56471665
uh huh uhuh cont

>>56471626
that would lead to the yield curve uninverting though

>>56471421
https://www.youtube.com/watch?v=_I_HrGkUdU8

>>56471626
It is. Watch Yield Computer when it inevitably spikes down to 149 or whatever.

If it *doesn't*, be even more concerned, because it implies the island of Japan is about to die.

>futures

>>56471660
I'm riding with UEC shares + LEAPS, but SRUUF has substantial meme power.

I don't even trust the stock market right now. It's a situation where there's too many 'independent' middle men for starters.

>>56471543
I was traumatized by that Micron bullshit too

who else /getting raped/ here?

>>56471683
The dog expected a parabolic drop instead of a gliding drop.
Poor dogo.

holy shit
we haven't seen a -1% NQ by 11:30pm EST day in I don't know.. 16 months maybe?
I honestly can't even remember the most recent on - I think it was after a bad earnings day
we haven't seen a -1% overnight move in a long, long time
someone correct me if I'm wrong - but I genuinely think it might be something that hasn't happened in over a year - I'm pretty autistic about this sort of thing (and a lot of things, if you couldn't tell)

>>56471702
My friend,
I stopped having to wipe a looong time ago early in my investing career

>>56471458

>check back

leveraged etf is not for buy and hold
and if you do want to hold long term, you need to keep watch on it everyday.

>>56471715
last time it happened was at July highs when US got downgraded. As you can imagine, the market never looked back.

>>56471723
did we really fall 1% NQ by 11:30pm then?
from what I recall the immediate reaction was pretty muted, to the point where people were pointing at futures only down like 0.5% and people going
>see, nothing burger, only down 0.5%

>>56471702
My portfolio is 2% off all time highs. Now I know true suffering.

>>56471729
I just looked, it was about an -0.80%

>>56471626
a little kiss right there on the five year

>>56471678
This is good. Why does it have so few views?

>>56471743
I don't think that counts then - close
when was the last 1% NQ move by 11:30pm? when we were seeing -20% moves in NFLX? I don't even know

>tfw too dumb and constantly tired to try to get into options
guess i'll stay in money markets not to get heemed

>>56471702
I hedged, although not well enough as I will probably still sustain a little damage. I would have sustained a great deal more damage if I hadn't hedged, but my hedging is all burned up so now loss from this point on is loss, 100%. I will probably sell very soon.
>>56471748
I for one never click the youtube """music""" anons link ITT. I imagine it's retarded hip hop for wiggers most of the time.

>>56471702
Have a spread that's like 3 dollars from getting blown tomorrow. Down 10 dollars in one day from this bullshit

>>56471458
>>56471620
Just keep buying more, like once a week. Check back in 10 years.

>>56471534
>>56471715
>>56471723
Absolutely zero fucking reason for futures to be red like this. It's actually kind of ridiculous.

>>56471757
we gapped down -.8 on futures open, retraced to -.6 by 11:30, then London open was about -1.30% at the low.

>>56471768
If you really want to play the boglehead game buy voo or some other vanguard index fund and then focus on something else that actually makes money, don't do leveraged products that have high expense ratios and decay over time anyways.

I am going to keep adding to my portfolio slowly on Financials and tech with a bigger cash reserve ready to go incase we get an even more sizable drop.

>>56471768
yen dipshit

>too late to short now
>can only trade uranium miners which will crab at best compared to uranium price tracker which will keep going up
Welp at least I'm not a trapped bull

>>56471768
>Absolutely zero fucking reason for futures to be red like this
Buddy.. have you seen the yen? Do you understand what's happening right now?
Either BOJ is forced to sell US bonds to use the dollars to buy yen (forcing yields higher, blowing up US banks) OR BOJ is forced to end YCC, killing the carry trade, both cause huge meltdown
this singlehandedly alone is enough to cause the move today overnight, let alone the overall macro backdrop that is becoming more and more apparent by the day, let alone earnings today

>>56471745
uoh market erotic

>GDP *and* AWS earnings
lol

When do YOU think the Fed will cut rates?

>>56471789
Bogle himself said to use as much leverage as you can stomach

>>56471792
>>56471795
Yeah more nothingburger speculation

>>56471795
No one gives that many fucks about the yen, anyone who has half a brain is expecting a 10yr over 5% to stick as well.

Banks only get fucked by treasuries if people come for their money all at once. Which only happens to retarded crypto and VC banks.

The market isn't smart, many people will make dumb decisions going forward and leave cheapies on the table.

>>56471803
Q3-4 (rather 4) 2024 the earliest.

>>56471803
my gut tells me early 2025

>>56471781
I hear you - I just think it's a little more magnitude the timeline (in that london / FRA aren't open)
If you somehow do have access to a searchable thing (not just recall from memory, wouldn't ask you to do that lol) I would be interested to see the last time we had an overnight NQ -1% before midnight even struck
the last that I can recall offhand was during the earnings season that we saw NFLX / META bubble pop most dramatically

>>56471804
>more nothingburger speculation
Literally just said a Mumu

>>56471546
Just borrow the computers at CERN that can receive information from the future. It takes awhile though because they are basically processing yottabytes of data but they have to communicate it one data point at a time in Morse code.

But it does work if you know someone up there who will let you sneak in and use their information time machine and you could be a gigillionaire

>>56471803
Never.

>>56471810
>No one gives that many fucks about the yen
Lol. You will see, you will learn. Just like how "nobody cares about bond yields!" that /smg/ has been screeching until it stopped working
>if people come for their money
this is 100% inevitable, as unemployment is 100% certain to rise back to maximum employment, 5% (and then overshoot it by a lot)
the defaults / delinquencies alone, let alone the bank balance sheet destruction from: bonds, commercial real estate, auto loans, housing, and mass withdrawals will force people to "come for their money"
both are 100% inevitable, and have been scripted to happen
>redd*t spacing
go back

>>56471819
>gigillionaire
What if I want to become Giglionaire?

>>56471611
I got a spawn bag I forgot about under my bed for 6 months, I never put it in the monotub. I guess I should toss it and buy another grain bag

>>56471804
buffet too
he's always naked itm puts during acquisition

>>56471803
Soon. Housing is crashing with no survivors without it.

Shut the fuck up you fat retarded gorilla niggers.

>>56471833
>until it stopped working
Dude bond yields have done jack shit this entire time. Nothing is exploding like bears have been slobbering about for months. Meanwhile you're literally predicting bank runs. Jesus fucking christ get the fuck out of here.

>>56471810
>but I am smart

>>56471833
Kys you gorilla nigger buddy
>muh fucking banks are gonna die its habbeningggg
Never ever will that shit happen to Bofa or a major bank. Stop living in a dream and realize the markets love to missprife reality.

>Mumus having an actual meltdown

>Paul Allen co-founded microsoft
Impressive, how have I never heard of this trivia before.

>>56471857
Actually kind of seems like bears are completely drunk on a bunch of nonsense red

>>56471803
I think as early as the end of Q1 2024 could happen if inflation keeps being nice. The interest rate was increased pretty quickly so being willing to back it off quickly will also be important to avoid an over-correction.

Obviously a million things could happen to change that though. I think oil might possibly go space shuttle status in 2024 and that might be pretty bad for inflation.

>>56471849
I'm not smart I just have enough cash to add onto my portfolio in a downturn consistently. The only true market advantage is to not be sperging out and to have a good income.

>>56471879
Or leveraged shorts

>>56471852
Buddy, KRE is going to $20.
There are more than 4,000 banks in the US alone.
BAC itself doesn't need to fail for there to be a systemic risk event, that ripples and does drag in BAC due to cross exposure, as the financial system is all [globally] interconnected

>>56471844
Got anything else on your mind you would like to say to the group?

https://vimeo.com/422675811
Everybody get up
Everybody get up
Hey, hey, hey
Hey, hey, hey (Uh)
Hey, hey, hey (Ha-ha Woo)
Tune me up

[Verse 1: Robin Thicke]
If you can't hear what I'm trying to say (Hey, girl, come here)
If you can't read from the same page (Hey)
Maybe I'm going deaf (Hey, hey, hey)
Maybe I'm going blind (Hey, hey, hey)
Maybe I'm out of my mind (Hey, hey, hey)
Everybody get up

>>56471435
He's never been right

>>56471901
I just want is for them to dump their extremely stinky bond load all over the treasury market's head. Is that really too much to ask for?

Where all my SOXS sissies at?

>>56471910
They are.

>>56471875
I think thats where I'm at. Morgan Stanley has the earliest prediction I've seen with a cut in March. Luckily there will be oppurtunity to front run the Fed as I think they will cut much earlier than expected.
What's the bull case for oil?

>>56471895
>muh regional banks who have good balance sheets will implode because some shitty fucking banks did
Yeah nah nigger I'm not buying it. Their equity price is NOT ever a true reflection of the firm itself.

>>56471719
SOXL and FAS will both be fine to hold.
Not every ETF is like that though.

>>56471910
maybe they are waiting for 150.69? for the memes
or maybe they are capitulating.

the doomsday clock ticks again.

>>56471847
>bond yields have done jack shit this entire time
Lol. L mao even.
>pic related

>>56471748
>>56471763

No idea, I just searched for a taylor swift / eurythmics sweet dreams mashup to complement op's pic.

>he US Just Added $600 Billion In Debt In One Month

hahaha I'm in danger

>>56471935
I mean they haven't had a measurable effect on anything. Not even close to the complete economic collapse bears want.

>>56471901
Do you trade forex or currency pairs or shit like that? Seems kind of complicated.

Ive never really got into messing with currencies/yen etc. What got you into that in the first place?

>>56471847
theres nothing in the bank to run too kid. and they completely refactored m2 into m1

>>56471946
Not him, but currencies are not that hard. Stick to EURUSD or USDJPY imo. They trade 24 hours.

>>56471946
nah I don't but you're better off doing it some place like the phillipines where thy'll give you 400x leverage

Wonder how this will age

>>56471950
Do people just trade those with algos mostly or do people manually trade it too?

>>56471931
I can only pray Israeli nukes take out DC

few understand this

>>56471970
His name is gay.

>>56471945
We are now -10% from the top, officially a "correction" by the definition of -10% from local high
Wouldn't you say a correction is a measurable effect?
Is that unreasonable?
>complete economic collapse bears want
We only "want" it in that it is a completely natural, completely normal part of the business / debt cycle. It will be a good thing - in the same way that a wood fire allows for a new, better forest to grow from the ashes. It has happened over and over throughout human history, 'just another one of those'.
It has already started, started 1 year ago - you could see it in the PMI / ISM data, telegraphed far in advance - it just takes a very, very long time for a ship that holds 8 billion people to turn around. it doesn't turn on a dime. It will only get worse, you have seen literally nothing yet - it is all 100% inevitable

>>56471435
He's mostly wrong but sometimes his gut feeling scares me
>Expect this war to last forever
>It actually does

>Expect mass deaths so they keep pumping the system
>Israel war happens soon after
>Maine shooting

Obviously just a coincidence, has nothing to do with his Freemasonry right?

>>56471961
Let's start with what I want to say.
Ackman is a liar.
As far as I'm concerned, the guy is a major loser.
I wouldn't invest with Ackman if he were the last man on earth!

https://www.youtube.com/watch?v=eMQuofsOOzo
>>56471970

well smg, i'm at another crossroads again. i have the opportunity to go back to work under a new contractor, same job/place just different company. it'll basically be as if i took a 3 week unpaid vacation. personally, i don't want to return based on what happened with the previous company, but i do need to start making real money again to build up my savings for whats coming. i was hoping to sit around until a more preferred job arose, but sadly it'll probably be another month before anything comes up. should i take the call?


>>56471979
>He's mostly wrong
>proceeds to prove him right
ok. in all seriousness he doesn't predict certain events, he's just pointed out the likelihood of what to expect. in that regard, he's mostly been right.

>>56471978
No, that's not the effect bears have been saying we would see from "high" bond yields. This 10% correction has been based on weekly nothingburgers like Israel and credit ratings and government shutdowns. Endless bullshit being speculated upon, not banks collapsing and people resorting to cannibalism or some dumb shit.

>>56471976
feet and booba

>>56471984
How's your stock price doing, Carl?

>>56471979
its almost like there is a cabal that makes it seem like freemasonry and JQ are a thing

https://www.youtube.com/watch?v=I5QwKEwo4Bc
Nothing.

I'm so tired of working just to prop up a system that hates my guts for being alive. Just crash already so I can make it and finally be at peace.

>>56472011
>No, that's not the effect bears have been saying we would see from "high" bond yields
Lol. The reversal started exactly on July 27th, as ECB backed off of hawkish monetary policy; where Fed was continuing to be hawkish and raise interest rates and ECB could not due to economic weakness = dollar sharply rise
This is all a result of yields, the bond market.
Everything else has made it worse, but the underlying issue is the bond market. We are in the worst bond bear market in more than 200 years.

>>56472019
A lot of these bonds now are in grave danger. It’s like selling insurance to someone who’s going to go to the electric chair in a couple of months.”
The fact that the price paid was so much higher than any other bid—and just enough to avoid payouts on one of the references in the CMBX 6—could constitute market manipulation by someone on the long side of a CDS trade.
In many instances, it’s just a rigged market for billions and billions of dollars.

It'd be fun if we could go back to the March 2020 days. I think experiencing those 8% daily swings and overnight futures circuit breakers has permanently altered my perception of what it means to crash.
Nothing else will ever be good enough for me.

>>56471976
TITS. BIG HONKING TITS. HUMINA HUMINA. BWOOOOOOO BRTBRTBRTBRTBRTBRTBRTBRT

>>56471917
Bull oil thesis for the next 1-2 years is a few different data points.

One is what the companies are signaling in terms of expected cash flows. XOM buying PXD. CVX buying HES plus announcing increased dividends and share buybacks starting in January.

Smaller players have similar signals, just more muted due to scale. PBR is voting on creating a cash reserve fund which they'd only need if a lot of money is coming in soon and they want to save it for a rainy day. Equinor has been in a share buyback and dividend yield growth program since February. All things companies do when they expect excess cash flow.

Another data point is a shift into offshore oil. Shale / fracking almost put them out of business 10 years ago. All the drillships and rigs bought on credit ended up defaulting and the shipyards didn't finish most of them. Shipyards now want 50% upfront in cash on a $800m asset. And even if you pay it won't be done for 2+ years. So the offshore drilling and rigs supply can't really expand.

Onshore like Permian Basin are slowing down production, which suggests offshore demand might increase soon. This seems confirmed in a few ways. Sudden interest in offshore fields like the ones near Guyana. Also Transocean releases quarterly fleet reports: the day rate to lease drillships and rigs is rising fast. In April the drillship average was $363k/day. In July $390k, more than projected in April. This month it's $416k, more than projected in July. In earnings calls they keep mentioning that clients want to book contracts farther in advance, for longer, with more options to extend, and are willing to accept higher rates. If onshore supply falls and offshore assets can't be increased then prices will continue to rise.

Finally there's the Russia embargo and Middle East political instability angle. You know how that works I assume.

Should about cover it!

>>56471979
theres a base level of conspiratorial mindset where you know at least some of the people on the board and some of the rules of the game. Rather than the roles of society.

>>56472007
cash is king son are you a good gambler?

https://www.youtube.com/watch?v=6tF-5Xg_byk

>>56472087
thats assuming static regime. I was absolutely clobbered on my oil trades with trump. SDRL took me down

>>56471836
Collect it on Blu-Ray *and* DVD.

>>56472056
just US or are you doing intl spreads?

>>56471865
How do you think he could afford such an impressive business card?

>>56471613
>We have 5% GDP growth
It's called inflation bro

>>56471944
At least the GDP grew by, uh, what's 5.4% times 33 trillion divided by 12?

>>56472087
Could you explain the thing pbr voted on that sunk its price 6% or so? Couldnt they just pay dividends like normal? Or is this some type of system where cash flows gets turned into short term investments until the ex-div date?

>>56472152
Actually, I think that figure's adjusted to be real GDP. But we're still fucked because an extra 3.7% annualized isn't enough.

Bobo, I concede. Selling my tech first thing tomorrow morning. Sqqq to thirty.

>>56472057
Those were some wild times. The. We rallied and the next year crashed more than 30% then we rallied 14% and now we are here.

>>56472028
>>56472098
the front fell off

>>56472007
Take new job, keep job searching. If you find a new, better job after a month or two, you can ditch the job and never mention it on your resume.

>>56472174
What tech do you hold?

>>56472158
did you net $1,800 more last month?

>>56472087
What companies lease drillships?

>>56471819
>CERN that can receive information from the future. It takes awhile though
>receive infos from 1 week in the future
>it takes 1 week to receive the infos

>>56472178
sure did

>>56472176
>>56472057
You sounds like junkies who got clean but still miss it. Crypto exists if you want pure volatility with little underlying value to jam into your veins.

are we witnessing total leaf death

>>56472206
No anon. Give me 2010-2019 again please. Just line go up and to the right for almost 10 years

>>56472200
nta but some of: BORR, DO, NE, RIG, SDRL, TDW, and VAL

Maybe. I dunno. I'm not jumping into offshore yet.

>>56472221
That's unlikely to happen again in our lifetime.

>>56472216
Yes. The dustup with India has crashed their immigration ponzi. That plus energy suicide, literal suicide, and higher interest rates means they'll be begging the UK to reannex them before the decade is out.

https://www.youtube.com/watch?v=81pPSMyTuYA

>>56472221
https://www.youtube.com/watch?v=iWOyfLBYtuU

>>56472231
I was working minimum wage basically to 2016 so I missed 6 years of the 10 year mega bull run.
Fml

>>56472243
Don't worry, you're here just in time for the Golden Bear Run. Shorting is the new investing.

I just opened a Fagelity account and it is shocking what an amateur hour job it is compared to HOOD. I expected comfy refined basedness but the website seems held together with duct tape, rubber bands, and bubble gum that are all old, brittle, and about to crumble. Even Schwab's hunk of shit seems more together. The only reason I am looking into it is because I fear that a certain amount of economic crisis might fuck ol' HOOD up and make me had to wait on FDIC and SIPC shit to get sorted.

>>56471852
>Never ever will that shit happen to Bofa or a major bank

What is Credit Suisse-(ys)?

>>56472227
Ty anon I appreciate when people share their insights

>>56472252
>>56472252
>>56472257
what is DeutcheBank

>>56472259
Yeah, maybe I'd short some NE to fund a TDW buy but would do some more research before pulling that trigger.

>>56472089
>are you a good gambler?
no

>>56472186
as a trade wagie, it won't get better. its a matter of will i get OT at this place or at the place i want to go to

>>56472253
It's designed for boomers who log in once per month to do a few clicks.

>futures

>>56471702
Me

Do you feel the tension in the air?

>>56472273
so suck dick for overtime or pay the money to go on your own and suck customer dick which depending on your personality is worse.

https://www.youtube.com/watch?v=R2NR-UHH1KE

either way find you a girl who can sing

>>56472216
Makes sense. Autumn is always when the leaves fall off the tree, wither, and die.

>>56471979
>Maine shooting
What’s this guys deal? He hate blacks?

>>56472286

I bought TLT at $110

>>56472291
my high school crush was in choir, and she had a great voice. sadly, i wasn't man enough to ask her out.

>>56472286
japanese lunch is over. They're saying fuck it we ball

>>56472317
it fucking kills me how many opportunities i missed in highschool

>>56472202
incredible time and space defying tech that achieves nothing. i love it.

>>56472321
>ass fuckin
Homo

>>56472300
First snow and ice came before the trees were done shedding this year.
>>56472303
bright green glowy looks like

https://www.youtube.com/watch?v=w8OFZGdyVJ0
>>56472317
>>56472321

>>56472170
There's 2 reasons PBR drilled for oil on the bottom of the chart this week.

The first was a proposed vote to allow ex-politicians as directors or board members. In 2016 they passed an anti-corruption law that banned it because they had a real corruption problem. So reversing that law could be seen as opening the door to future management problems.

The second was the creation of a cash reserve. There's been government pressure recently to invest more in renewable energy as a jobs program. Obviously shareholders buy PBR to pump cash out of the ground and into their bank account, not to subsidize Brazil's employment rate and carbon emissions. So when they said they were "making a cash reserve" for "various purposes" like dividends, servicing interest, etc. people thought they might be cutting the dividend and earmarking that cash for investing in renewable energy instead. Combined with bylaws that might suggest incoming leadership changes a lot of people feared a change of course (if not worse) and jumped ship.

They've since come out with a press release that the real purpose of the cash reserve is just to hold cash that will be paid out as dividends and to please ignore all those other possibilities. If you've seen their dividend payout schedule it looks like it was created by a drunken monkey throwing a dart at a calendar so it makes sense to have a place to park their cash and smooth out payments a bit. Especially since the alternative is to wildly fire off special dividends from the hip and send their balance sheet on a wild ride.

I'm not sure how trustworthy that arrangement is in the long term, but even if they intended to cut the dividend it's clear that they aren't doing it anymore after that selling pressure. So it seems fine for now, just watch it closely if you're involved.

>>56472309
At least you didn't buy TMF. That would've been 12 and it's now at 4.

>>56472309
Why did you do that

>>56472337
I thought you were talking about PBR the beer company at first, kek

>>56472321
i hardly had any opportunites but the more i think about it, the more i realize she might've been genuinely interested in me. thats all in the past now

>>56472330
i wouldn't say i'm regretting it. i sometimes wonder where i'd be if we did date. maybe it wouldn't work. maybe we'd still be together. either way, she's probably forgotten all about me and has a family already

>>56472345
Very true. I don't fuck with leveraged ETFs outside of swings anyway.

>>56472348
I was all cash and wanted to ease into my 80/20 port. Bonds 30% off their highs seemed like a good entry point.

>>56472360
Mood

Cashified 30% of my shit on monday. Should have done more

Good night, /smg/. Remember to cut your losers.

https://www.youtube.com/watch?v=BVueEr6GnHI

AAAAAAAAAAAHHHHHHHHH
I SHOULD HAVE FUCKING HEDGED
I'M A GOD DAMN FOOL

I just don't believe in any case atm, anyone else the same? Obviously AI is going to continue to do more work and find more use cases but I doubt we'll see much of it reflected in the official AI ETFs. Nothing makes sense. Maybe fucking bananas will be the new NTF or whatever everyone piles into, who knows

>tech giants beat earnings expectations
>stock market drops anyway

fuck capitalism

>>56472019
He's been hanging on like a terminally ill make-a-wish child.

>>56472360
You simply weren't ready. that's one of the things you learn with age. For some reason or another you hadn't paid your dues with women enough to recognize their wants and needs. They're pretty simple. feed em and fuck em and make them coom. They're emotionally retarded and it colors all their thoughts. it takes them minutes to process emotions that take seconds, 15minutes -20 to process emotions that should take 1. weeks for a day, years for a month. but if you get the basic needs done she is the cruelest most calculating criminal minded adjutant a man could ask for.
All you need is a little bit of substance to mold.
Focus on yourself for the most part and if you get into a convo, do it with a fullness of spirit that allows you match heartbeats and vibe. The right one will vibe when your rhythm is tight

>>56472389
Are we gonna get a black friday if the 'magnificent seven' don't perform as well in general this week or...?

>>56472389
capitalisms working fine. It moves money from the least efficient to the most efficient. FAGMAN is shit and always has been.

>>56472389
>*late stage* capitalism
ftfy

>>56472200
This anon >>56472227 got a lot of them. I think NOV is also one.

For the record I'd be careful investing directly into offshore drilling. A lot of those companies either declared bankruptcy or leveraged to the tits in order to survive the shale boom. A capital-intensive business with a weak balance sheet or a lot of leverage in a high interest environment isn't a recipe for a winner.

For example, RIG's day rates have been rising 5% per quarter for a year and they're still not profitable because of its massive debts and depreciating assets. And during the last run-up in '06-'08 RIG had half a dozen -20% pullbacks you had to diamond hands through before reaching the top. So there's a lot of price volatility even when things go right. I'm personally using cash secured puts and covered calls to try to offset some of that with collected premiums and keeping my sizing small (5-10% of port for the whole sector) in case it doesn't work out.

>>56472350
Not gonna lie the meme value of it having that ticker has been a definite plus. The least a stock can do for you is be fun to own you know?

>https://youtu.be/zG_l_7bCR8g?si=fAAGiRwLNALobxxw

uh oh bros, the recession has begun

>>56472427
Can't really call it a free market when the government prints money and hands it to their favored picks. Literally everybody from the paypal mafia days has extensive CIA and DHS contacts and they're hardly an exception. Pretty much every major tech founder has questionable backgrounds.

AAAAAAAAAAAAAAAAAAAAAAA

burn it all down

>>56472451
no market is free. Capitalism isn't free of coersion or barriers. It can be dammed up controlled used. but every one who doesn't pay the dues up front will pay at the end with interest. You can lie cheat and steal if it is efficient. but you will be outrun and outgunned by others. Sharks aren't whales, no matter how the alphabets pray to St. Jude. If they fail in their duty as extravagantly as they have they will be destroyed and replaced by something more efficient.

I think BoJ is dumping again.

>>56472453
ahhh indeed
the labor dam is cracking

>>56472484
It's EU premarket

>>56472447
They're the only ones with capital

>>56472510
>mean
so it's skewed up by 2% of the population

They broke something

>>56472521
Inverse
is japan kill?

>>56472521
Get. Fucking. Got.

Mother of all TMF dumps incoming.

>>56472521
Does that mean US 10 year treasuries will go up again? Fuck...

slow at first
then all at once

>>56472521
>>56472526
Dump those US Treasuries

>>56471516
yup that's the one

>>56472564
impregnation

Janet Yellen is going to have to start an OnlyFans.

LAGARDE WILL SAVE US ALL

>>56472564
Hoooooly shit why is reimu so cute

>>56471875
>CPI at almost 4% even being manipulated to the breaking point while benefiting from high base effects
>Q1 2024 rate cut
God I hope so, would be the nail in the USD's coffin

>>56471956
>400x leverage
yah if you like getting liquidated

>>56472158
>spend $600b to increase gdp by $150b

I told everyone that the semi industry is basically how much smartphone can be sold. Now that apple came and said "well, we ain't sell shit" everything's dumping
it was written on the wall

>gold ATH again

We're close to the endgame aren't we?

Mumubros... I need copium, stat!

>>56472656
Imagine if something similar happened with Nvidia and they admit they can't sell their GPUs and other products for jackshit because consumers are tapped out kek

>>56472684
>ATH
zoom out

>futures

MERCEDES COMPUTER

it's so fucking over

I'm moving to TBILLS at the end of the month

>>56472656
semis are in everything though, not just smartphones. Also new Iphones are selling poorly not because smartphones are no longer needed but because they are pointlessly overpriced and don't offer anything new to justify those huge premium prices. Samsung and Google are killing it with the new Androids and Pixels.

>>56472706
I moved my 401k to tbills this year and I'm still down 5% kek

>>56472700
hahahahaha yes please I would like some more DEEP RED Koolaid to drink!

Walking away from Vegas up 6k. Sold out of SOXL in line with the strategy. Parking 70k in VMFXX or something I guess lol.

look at line go down more weeeee
A formal congratulations to herr bobo for his surf and turf dinner these past few weeks

>close out tradingview for a few hours imagining it's just going to flop around the lows until premarket
>check now
oof. OOF. Is this it? Are we heading in to the big flush?

Porsche also about -3% on Mercedes fucking up, kek this market is so stupid, I love it.

>>56472564
pitslut

>>56472757
>bmw -4% on Mercedes earnings
Ok guys, I think this dump is a little overblown.

Also RIP any BMW, Siemens, BASF and BAYER buyers.

>>56472757
>>56472787
Friendly reminder that car markets, especially used cars, are an absolute shitshow right now. Customers and dealers are fucked right now.

>>56472389
It's not capitalism's fault. Also we got the complete opposite(giga pump on bad earnings) for some companies like Micron and Samsung a few months ago

>>56471702
I just bought my monthly DCA yesterday, I should shift it from the 25th to 26th

>APPLE HAS JUST INCREASED THE PRICE OF THE APPLE TV SUBSCRIPTION BY 50%

Bruh when is the whole streaming bubble gonna pop? Netflix, Disney, Apple, and pretty much every fucking streaming site is making shit too expensive. Even cable TV was never this bad over 20 years ago...

>>56472791
Somebody stole the sidewindow of driver's side. And it wasn't even stolen all, the arm was still there. Only glass + a little metal etc. +400 Euros.
Fuckin retarded, as the car is a 2008 Mercedes. The car was maybe 2-4k worth precorona. Probably now 4-6k despite more damages and older, kek.

I am buying the dip on META and google. You would be a retard not to

>mumu angrily types "the market is going down for NO REASON" after the market went up for no reason

>>56472814
Yo, this one reminds me of Bostick

how do you cure insomnia? I haven't slept in 5 days

Don't forget to transfer money to your brokers to help them with liquidity, anons!

>>56472824
You're probably fucked. But maybe try camping out in the woods for a bit

If we're lucky, the market will only go down 80%. If we're unlucky, there won't be a market anymore.

>>56472709
Smartphones account for like 30% of all revenue in the semi industry. And no, the volume of samsung and other phones are still well below what it's used to be. So the growth theory is utterly fucked.

Yields...

>>56472870
>10Y went up again

ruh roh

I am financially ruined.

>>56472887
You were warned.

>>56472574
>>56472781
quite uncivil
>>56472590
because she is :D
>>56472799
once the real numbers come out about who's watching what, if not that then i guess it's a matter of time until piracy picks back up.
>>56472750
dunno but keep your eyes on wells fargo, if you have any accounts close them NOW.
>>56472686
>>56472887
there will be no redemption for mumus. the Great Boomer Party of gluttony and mammon has ended, and we now reap the weeds our forefathers hath foolishly sowed.
>>56472546
>anon knows
>>56472824
you try melatonin?

The EU is such a clusterf8gg. Insane earnings, insanely low P/Es, price gouging at ATH... falling like there's no tomorrow. But I guess it sort of makes sense since the earnings are probably gonna be worse next year as things get more normalized and inflation has fallen a bit (the price gouging will slow down).
Still, I don't quite understand why European banks are valued so low. They beat estimates and their own earnings from last year by such huge margins. Almost 10% divvies. And they aren't even close to ATH.
They have been one of my best stocks though. Typically they yields 20% each year if you consider the divvies.
Naturally it has to do with the US bonds once again almost touching 5%. I honestly think it will amount to be a nothinburger since nobody cares about unrealized losses (just look at BoA and JP morgan's unrealized losses, wtf) but of course bears will try to use what they can to try to achieve another 2022.

I propose a new recession-proof portfolio idea, it's called 30 30 30. It's one third Canadian energy, one third Australian commodities, and one third Romanian financials.

>>56472921
what's your favourite europoor bank and why?

>>56472924
What about the other 10%? Hookers and blow?

>>56472757
Could be worse. Could have bought Volvo like me

>>56472824
Are you long? If so try shorting.

>>56472927
Banco BPM looks insanely good buy

Uh yeah this feels like the bottom for bonds and equities alike.

>>56472927
Nordea and Swedbank. Swedish banks. They generate such insane profits (just look at their earnings... brutal) and they give guaranteed and beautiful divvies.
Plus Swedes are one of the most endebted folks on this planet and they prefer short-term bound mortgages, which of course benefits banks even more during times of high rates. Heh, absolutely beautiful

>>56472929
Oh yeah I miscalculated. Uh maybe wack some Venezuelan semiconductors in there for good measure.

>Car owners fall behind on payments at highest rate on record, per Bloomberg

>Cox Automotive estimates that 1.5 million vehicles will be seized this year, up from 1.2 million last year

kekhahahaha I will laugh if cars end up being one of the catalysts for a market crash

>>56472951
>bottom of bonds

kek no

havent been here in 2months what's the new shit stock you guys are shilling

I told you guys about AVAV before it went up 30% but I bet nobody bought it

gold is mooning

>>56473012
As it should be. Both DXY and Gold are going up. That means investors are seeking safer grounds because of all the sh3t happening in the world. Feels good to be invested into gold. I personally like Lundin Gold which has gone extremely well and given be plenty of divvies.
Gold bounced beautifully off of the 4 year average on weekly and now broken through the resistances and is probably headed to 2000+. Hmmm, nice

>>56472850
I’m in the woods rn… doesn’t help

>>56473012
>>56473025
/lean hogs are the better hedge in market down turn

>>56473033
Yeah but that is really difficult to buy here in my piss-stain of a euro country. Options, certificates, and so on are extremely limited and there's barely any volume. So I stick to gold which has given me +50% ever since I bought last year so I am happy.
Hogs are great since demand is and always will be strong and farmers are getting less and less into animal husbandry (at least in my country)

>>56473043
Lean Hogs CFDs, simple as. No liquidity issues.

>>56473050
>>56473050
>>56473050
>>56473050
Baked

>>56473033
lean hog chads now is our time

>Siemens Energy Computer
>Siemens Computer
It's over

>>56472990
Nigquitity drying up. They aren't just handing out student loans to nogs so they can buy luxury cars and get their nails did every week. It's just like 2008 except student loans aren't getting bailed out like housing, they are trying but it's a failure so far. With the jews losing their powersource after roe v. Wade got overturned it's not likely the banks are going to be saved and the nogs are going to riot making it worse. It's niggers and jews again but this time Whites are tapped out and jews are fighting against their renegade chocolate golems on a global scale, spy 200 is best case scenario. Look at nvda, it dropped on good earnings at it's half the P/E of AMD. $truff is the only bull play

>>56473088
>They sold off nuclear to the French and cant do it anymore
>They bought spanish windmills but it makes only losses because quality sucks
>They remain able to build high-tech gas turbines, but our green economy minister will take care that they lose that business
Help bros, we are fucked, there will be no energy on the germoney except imported electricity from France and Czech, and solar panels from China