/biz/ - Business & Finance

Previous: >>56488583

g-gold!?

>>56490850
I'm supposed to buy high sell low right?

>>56490881
No you are suppose to hold during a long flat crab and then sell moments before a mind breaking bull moon shot

>>56490850
any update on the wells fargo situation?

>>56490893
What situation? Is that the reason US banks got heemed yesterday too? I saw JPmorgan and Bofa down and didn't know why. Was just wondering why big banks would be down.

All I can think about is my bags day in and day out. I don't even trade. The play that never ends is killing me. I know what it is worth. Why doesn't the market?

>>56490821
>japan hasn't started dumping bonds yet
>fomc Wednesday
>jobless claims and payrolls
>more earnings including Apple
And thats just financial news.
were getting heemed next week for sure

fellow bulls its shut the fuck up friday until jerome stops lowering rates like 2 years from now. dont justify, dont gloat, dont share info. just let bobo die in silence.

Hey /smg/ I'm heading to the Ralph's down the street to grab some brewskis and some basics like milk and bread. Need me to grab anything?

>>56490907
They keep turning away cannabis businesses. Literally. A cease and desist letter was sent buy Mastercard to all financial institutions about using debit for cannabis purchases, that forced the industry to switch ti cashless atm withdraws, rounding up the transaction and giving cash back. It’s convoluted and we need the safer banking act or my name is john Jacob jinglehiemer schmidt….
>and it’s not

>>56490922
Oh wednesday is FOMC. You can expect some bullshit scamwicks and no hike. ECB didn't hike either. They are at their limits. They are resting currently on the y/y effect for inflation. This will stop in January (for US)/April (for EU), but until then they will try just hold the rates at that level and pat themselves on the back for inflation "coming down".

>>56490850
>That webm
Also what's up with Bristol-Meyers Squibb?

>>56490913
What are your bags? Maybe there's a later catalyst the next marginal buyers are waiting for.

I bought a xom call but oil equity is still getting punished at single digit pe ratios

My dumbass is down 30% on a certain Canadian bank stock (BNS.TO). The div yield now since it's down 30% is about 8%. Should I dividend drip more $ into this stock at the discount or take my dividends as cash? I don't want to sell the stock even if its down 30%, Canadian bank stocks are usually solid and I know it'll go back up in a few years, and I don't need the money ASAP.

>>56490948
Nah, that won't be a good discussion. Don't worry about it. I spend enough time in these threads seething as it is.

>>56490960
>fell for the divvie meme
Dividends might sound cool, but it is only worth it if you bought the bottom and best possible way 20-40 years ago.

Picking dividends over "safe income" by bonds in such a market is really stupid. Those fuckin shills here just want you to pump their bags.

>I know it'll go back up in a few years
You never really know.

You are probably better off putting your money somewhere else. Either hedging by shorting (although I have to admit now is not the best moment after that drop) or longing index as those things actually move more technically. A single stock can get heemed to eternity. An index not so easily.

>>56490922
I doubt it, Amazon stopped the entire market from crashing

What did they mean by this? What kind of reverse psyop is going on here? Should I go all in JPM on Monday? Or do they know we might think it's a psyop and it's reverse psychology and they will dump it in anticipation of us calling their bluff and buying the stock as they signal it's going down? Is he gonna buy Yellen's treasury bags? There's something big going on here. help smg

>>56490981
Yeah honestly I had a few thousand that I wasn't really sure where to put and just randomly decided to put it in bank stocks since they fared well during the last recession.

I bought the stock at the all-time high but when yields were 0.25 - 0.5%

>>56490986
We're going to the 200 week ma whether you like it or not

TMD
TOTAL MUMU DEATH

>>56490960
>>56490999

Also banks are really sketchy to me. If I don't really know why a stock did something in the past I just don't know what it will be able to do in the future.

I also thought about buying banks but when I zoomed out I thought
>no thanks, and I also don't want to make the research to understand this price action

>>56490960
Short RY into the ground. Puts 10% lower, expiring a couple months out.

>>56490992
Dimon wouldnt sell that much, if the stock were good. Its over.

>>56490992
The entire banking system is fucked. That's pretty much effect numero uno of tight monetary policy.

>be neet
>have a net worth of $3k with $1k worth of bills due next month
>make $100 on spy puts which became $900 30 minutes after I solded
looks like yet another rice and beans weekend for meee

>>56491036
>>56491037
That's what they want you to think. It seems like they are laying a trap. I think it might rip next week

>>56491051
Or Dimon's biting the bullet on sales that have to be done at some point and which by law have to be announced.

I was sad VZ left without me earlier this week but British banks LYG and NWG are starting to look good again, provided Britain isn't a failed state. Made quite a bit off of those two during covid.

>There are people literally kvetching about the US saying they want to protect civilians in Gaza

Can we just meme the "magnificent 7" stocks into crashing to speed this bear market up? Nothing of real innovation came out of them in the past 35 years. Google made a web indexer a UI for 1950s GPS technology and a GUI for 1970s email protocols. Microsoft peaked at windows 95 in terms of general software innovation and stopped making functional software after windows 2000. Apple made trillions off blackberry technology from the late 90s in the iphone the vision pro is an overpriced toy. Meta is a dead company that strangles the entire internet with its shitty frameworks and has a CEO that helped meme trump in 2016 while blaming it on russians as cover. No one cares about another AWS shitapp and amazon is ebay version walmart on it way to being worse. Trillions of dollars invested fiat and people think they are the equivalent of bell labs that will come up with anything meaningful to society.

>>56491051
Dude, the world doesnt revolve around you making bad choices all the time.
Objectively, Dimon woulnt sell, if the stock were in great shape. Why would he?

>>56491074
Britain will be my shorting haven. Just look at this. How can you not pick this as a bobo for daily/weekly/monthly income?

>>56491076
All true.
I prefer Ebay vastly over Amazon. For new stuff as well as used/refurbished.

>>56491079
That's what i'm trying to figure out. Why would he? What does he need the money for? He's got plenty already. That money is going somewhere

>>56491092
I don't like adopting bobo positions. I am a knife catcher at heart.

>>56491076
>Microsoft peaked at windows 95
Based but, sadly, wrong. Win7 was the peak, when they still somewhat cared about making individual sales instead of making retail customers their product while focusing on business sales. You may not remember having to kill all non-required system processes to get software to run like not shit, but I do. And search in the start menu AND the Office ribbons were both good despite what everyone says.

>>56491115
https://www.youtube.com/watch?v=3B34XVV3DWQ

hello sherlock, the stock is done, even if you dont believe it

>>56491092
this is a pattern of higher lows and higher highs exactly what is supposed to be bearish about this

i have 65,000 dollars in TBIL

>>56491120
I prefer shorting. If I'm wrong it feels like a hook on the chin.
When I buy and it drops it's like losing the ground below you, like a punch in the guts.

>>56491137
Compare it to the SPX? You think the US is better or less risky to short? And yes, it is creeping higher. But only creeping and not mooning like picrel

>>56491076
>>56491130
With all of that said though. Agree with everything else you said. AMZN could turn it around if they stop importing no-name Ch*nese scambrands but that would probably incincerate their revenue in the short term.

>>56491151
SPX looking like a double top ready to rug. Your other chart looks bullish

>>56491075
I don't care how many hospitals those kike bastards need to level or tunnels they need to fill with willy pete, I want an OPEC cut, dammit!

>>56491185
Then you need spillover into Lebanon, Egypt, and Syria probably. If economic actions were gonna be taken to help the Palestinians it would have happened by now.

>>56491182
>Actually believes the rest will not also crumble with the SPX
Have you looked at the charts? They are moving almost always at the same time although not same strength or weakness.

FTSE will also go down with SPX. Maybe not as much as it is lower relatively. But it still appears way less risky to short it as it didn't do a 4,8x (1000 to 4,8) since 2011 but only a 2x (4000 to 800, with dumps back below 6000)

stop posting fucking anime

>>56491211
Nobody is doing a thing and it is pretty embarassing. And then they say jews have no power in this world, LMAO.

>>56491215
i dont fuckin know but if you just send me those 2 charts and ask me which one i would short and which to long i would short the double top and long the higher low higher highs

George Bush threw the first pitch of a baseball game tonight. The last time was directly after 9/11. This is signalling the start of another round of middle east invasions.

>>56491224
what're you going to do about it?

>>56491237
Which is why I said
>Britain will be my shorting haven. Just look at this. How can you not pick this as a bobo for daily/weekly/monthly income?

I'm saying I'm going to short this over time for decades on and off. Unlike the SPX that might do another 10x after bottoming out (who knows?)

The risk of getting ultimately heemed over time is lower as the market also comes down compared to the US. While SPX is still 4x the 2011 levels.

Jamie Dimon is probably wanting to start trading BOIL/KOLD/UNG because he wants to regain the excitement of his wild youth again is what it is you fuckin' buncha mongs.

>>56491224
Anime website
Anime market
Anime universe

>>56491224
Saw your post and came here to post this.

>>56491211
>If economic actions were gonna be taken to help the Palestinians it would have happened by now.
Nah, there are no embargoes or whatever possible between the ay-rabs and the Israelis. The escalation steps are:
>1. Raids into/shelling of Gaza <-> "thoughts and prayers" rockets from Houthis and Hezbollah
>2. Tanks occupying parts of Gaza <-> full war between militias and IDF
>3. Scorched earth on the whole city <-> regular militaries involved

The US enters around steps 2 or 3. Which is also the point where our random bases actually start being overrun and economic shit kicks in.

>>56491224
Anime is very important for stock trading and your lack of it is the reason you fail.

It’s almost caturday tho

>>56491254
I remember it was old Yankees stadium, that was an amazing moment for new york, it's never been like that since.

>>56491134
I just hope the bank itself doesn't go with it.
JPM was supposed to be a fortress

>>56491367

>>56491367
>>56490992
load yet puts

>>56491338
I hate anime and but anime memes have taught me a thing or two so can't even discredit your statement which just makes me hate it more, but.... now the poster reading this is going to wonder if I'm trying to troll more or less anime posting and what my actual stance on the matter even is....

>>56491367
JPM is fine. They buy treasury bills. Those don't lose.

>>56491130
>Win7 was the peak
absolutely not

>>56491353
Caturday?

Anyone notice how euphoric mumus are over the slightest upward movement while bobos barely give a shit about dumps? Are mumus just grasping at straws while bobos are calm and calculated because they're confident about their positions?

>>56491421
Bulls are actually just waiting for christmas and next year, don't even give a fuck about tomorrow.

>>56491406
Bang on, this was XP without all the toddler graphics.

>>56491421
I doubt it. I remember the NVDA slaughter this spring. I think you are mistaking the silence for the bobo rifraff all being dead leaving only 3 nonretards and 2 pol doomer schizos to maintain their legacy.

>>56491406
> questionable stability only made to look good by the dumpsterfire that was WinME
> DIY virus protection
> terrible search
I will give you this. 2000/XP was the peak of hardware performance outrunning software bloat. And yeah at the time it was awesome. But, things can improve over time, and it did with 7.

>>56491464
>questionable stability
It's been a while since I used Win2k or any Windows for that matter but it was always 100% rock solid on bare metal and all the various VMs I used it in after switching to Linux
>virus protection
I never cared. Liberal dose of common sense was all you needed back in the day to avoid getting hit with anything nasty. Maybe my shit had a million viruses on it but if it did it had no discernible effect
>terrible search
I know where all my stuff is on my computer. I get that a lot of normies don't understand file systems and folder hierarchies so require search if something isn't either on their desktop or in the default "open with..." dialog of whatever program they're using but I don't have that problem
>improve over time, win 7
WIn 2k was crisp, instant, snappy. Win7 was warmed over VIsta. It had the stink and bloat of Vista. M$ tried to wash it out but it was there. That was around the time they started experimenting with "Libraries" which is a complete abomination just to obfuscate the underlying file system from normies. I hated it. If Win2k would have had the software compatibility for newer stuff I never would have quit using it. I probably wouldn't have gotten so disgusted I ended up taking the Linux pill. Now with the shit show that is 10 and 11 I'm glad I did. Imagine ads in your start menu, ads in your default email client, "WANNA USE BING MY GUY" for the umpteenth time today, "WHY YOU DOWNLOADING CHROME DON'T YOU WANT TO USE EDGE INSTEAD HUH HUH HUH" holy fucking shit and telemetry. fuck how do Windows users stand it
>typed from my macbook lol

>>56491504
all taht said I like 7 the second favorite after win2k with the possible exception of XP with Luna turned off

>>56490992
top siginal
it's over

>>56491504
lol, they keep trying to sell me starfield when I boot up

>>56491504
>Liberal dose of common sense
OK yeah but I also had to maintain my family's computers. Having to unplug ethernet, enter safe mode and either run antivirus, or even just outright reinstall was a pretty frequent occurance. At the time it was a fun challenge cause I got to feel like a super hacker but I would be driven up the wall if I had to do all of that these days. That mostly stopped with Win7, thankfully after that they switched to Mac which they can just drop off at the Apple store in the rare event something goes really wrong.

> I know where all my stuff is on my computer
but... what if you could get to it in like 5 keystrokes... instead of hunting around with a mouse... Control Panel menus especially are nice to just type in

> Win7 was warmed over VIsta
but the Vista UI concept wasn't bad. they just made a ton of other shit decisions that made it unusable. it was slower but I'm saying the UI itself was better. Oh but not the shiny transparent windows part, I always turn that off.

> fuck how do Windows [10/11] users stand it
I don't lol, I switched to Linux after 7 except for muh videogames. but I still have to use 10 at work... whatever, it's not MY personal data getting mass uploaded by telemetry...

>>56490927
Hhh

>>56490992
>>56491531

Do you people not realize that they make these requests to sell often a year ahead

today i made money
but not a whole lot
so i still can't afford
to date an e-thot

>>56491772
>dating an e-thot

Best way to invest in China?

>>56491847
Utilize the slavery while you still can export shit at slave labor costs. It's probably just that unless there's legitimately opportunities to rip off technology and leak it super cheaply like an AI play, but too unlikely since that's just not on the Shanghai exchange

>>56491847
Knock up a Chinese woman whos got a father who's a top official in the CCP and treat the baby as the investment.

Listening to latest Peter Schiff babble I feel reassured that we might have seen the medium term low on the S&P 500 today.

>>56491915
Oh, so he's saying it's going to go lower and higher, like up and down.... that's great. So the way to look at gold is like gold, and the s&p is between highs and lows, we will get lower lows and higher highs, so just fucking relax bros. Ima guess they're going to use lots of tools, im no clairvoyant but they will use the last one and say it's done for now and everyone can relax.

>>56491504
Based take. The SerenityOS guy made the observation that the enshittification of Windows started when they moved away from the professional user base towards home users, so things had to become more "accessible" (i.e. infantile)
Now they've swung back to the business market because the home market is saturated, but the professional userbase isn't high IQ whites any more so it's now this horrendous abomination of jeetcode layered on jeetcode layered on the scattered bones of a competently designed system, all so that millions of groids and karens can produce shitty spreadsheets and powerpoint presentations on diversity.

>>56491915

He's definitely going to be right eventually, but if there's one thing I've learned it's don't underestimate the government's ability to go full-retard trying to preserve the status quo. Obviously as broke as the US is gold and oil should be higher, but they've nuked their own treasury market trying to stop it because "then BRICS would win!!!".

I'm just waiting to hear the first whispers of shutting investors out of buying commodities. If gold or oil pop up again I'm sure they'll start grumbling about commodity speculators committing financial terrorism against the dollar.

>>56491254
I sold a good part of my 2x leveraged short S&P/ short DAX ETFs yesterday evening 20 min before the close, and locked in some 2000€ of gains. Will check if ww3 has started on Monday or not. So far it has been a nothingburger. Iran reaction to last nights extreme Gaza bombardment was underwhelming.

>>56492033
MFW

>>56492033
It is late Friday night/early Saturday morning and I am watching a video about a man trying to train an anxious horse.
https://www.youtube.com/watch?v=RUfT2QiUyuc

Hold me bros I'm scared

>>56492102
watch the video about the horse and self insert... as the horse

>>56492089
>>56492102
Shit is going down and they are letting all kinds of shit happen to distract the public. They already have the story going that there is a global jihad. just a matter of time before another 9/11 happens and they let the markets reset.

>>56491847
>Best way to invest in China?
Move your money out of China like the Chinese elite does, and support manufacturing in your home country instead.

>>56492114
>>56491421
bottom is in

>>56492166
retard

>>56492195
retard

>>56492201
retard

>>56492127
Li Keqiang died of a 'heart attack' yesterday. If you look at that in context with everything that has happened over the last couple of years, it becomes obvious that every dollar invested in China is never coming back. It is all a write-off.

oil?

>ywn date the clone of a future scientist in a pristine post-apocalyptic earth that's ruled by machines and godlike AI
feels fucking bad man

>>56492166
I think e are getting close to capitulation, because, as many have pointed out, most bears have been iced and are out, or are now long.

This is what the market has been waiting for.

Of course, I could be totally wrong, I've just noticed that most bears are dead, which is the best time for the market to reset.

>>56492208
This makes sense. The way the media is downplaying what is happening in the Chinese real estate market is humorous.

>Set alert to buy SPY when the weekly wicks down and touches the 200MA
Is it really that easy? It was for gold.

>>56492221
That's one suspiciously Chinese looking Islamist.

>>56491037
Does it really matter at this point? The banks will get bailouts again, money printer goes bbbrrrrrr, USA debt goes up again, infinite money glitch.

>>56492225

>>56492227
Dodd-Frank Act

>>56492195
>>56492221
yes be bearish when we already crashed. classic

>>56492238
lol

>>56492238
Calling what has happened a crash is short sighted, in my opinion. Obviously, the way the US economy has been functioning is at a crossroads and is unsustainable.

Of course, nothing is stopping the authorities from printing into hyperinflation.

>>56492248
That's still a crash in real terms, and arguably much worse than a regular crash.

bobos roping

>>56492254
And yet, there is still a long way down just to be on trend. If interest rates are staying where they are or going higher, the markets are way overpriced.

"but they will pivot!"
I've been hearing this for over a year now, it's not going to happen. The labor market is still missing millions of workers.

Higher....For Longer....Bitch niggas

>>56492264
Not disagreeing, just saying that the Fed is in a fucked-if-you-do-fucked-if-you-don't situation right now. Either way, shit hits the fan and we're going to see fireworks.

>>56492264
Even if my portfolio is down I don't really give a shit as long as I have my stable income. For a crash to happen we'd need to see real unemployment, home loss, fuck even death. The shit that's unfolding right now is basically a soft landing.

> tfw -95% on SPCE after 2 successful trades

well, it was worth trying

>>56492282
>The shit that's unfolding right now is basically a soft landing.
L M A O holy shit, good one.

>>56492269

>>56492274
I agree with that. I expect to see a +10% day on the Nasdaq before the next circuit breaker down days.

>>56492282
Bank accounts slowly getting drained through inflation is going to lead to market decline, even without unemployment getting much higher. Home buyers and builders that bet on a pivot are screwed.

>>56492264
Put pali chan in these instead

>>56492286
Whatever you want to call it, it's not a crash (yet).

>>56492293
See you at market open!

>>56492288
TheBestICanDoIs20Bucks.gif

Capitulation is near. Almost no bears left.

>>56492295
I look forward to buying your bags.

GODFUCKIN DAMN OPEN THE MARKETS, I CANNOT TAKE THIS ANYMORE. CAN'T WE ONLY HAVE SUNDAY AS A "REST" DAY?

>>56492320
I hear that. The weekend for me is working on cooking skills to pass the time.

Heh, you guys remember when people were afraid of the student debts and it came out that on average they are paying back about 50 bucks... fuckin hell what happened there?

Also, GOOOOOOLDbros we are eating real good. Kind of strange that the dollar is stagnating though. But I guess that makes sense since the market is betting on JPow to chicken out and hope the y/y comparison effect will dampen the inflation.
But electricity prices are once again going up and service inflation ain't going anywhere. We are just gonna live with high inflation for good two more years, aren't we? I kind of feel sorry for the lower classes that will bear the brunt of it while everyone around them maintains their lavish lifestyles. But as we saw from the GDP figures, the american consooom culture is very much alive and well so not even the lower classes care apparently. I fuckin kneel to USchads.
Btw, if you didn't buy Amazon two days ago as it was on a support and going into insane earnings, then what are you doing? Christmas is just around the corner and the american spirit will ensure their profits keep improving

>>56492329
autist here. what is the best way to work on my cooking skills?

>>56492308
It's an insult to "buy someone's bags". You just self-owned. Do more research before posting next time, shillbot.

>>56492350
a lot of zooms zooms nowadays that randomly quote buzzwords they found on the interwebz

>>56492353
It's obviously a paid shill. They're freaking out right now because the market is about to do another 1929 and the government doesn't know what to do.

>>56492344
1. cook stuff
2. see step 1

>>56492341
I agree with all of this.

>>56492344
There is an almost endless amount to learn. I don't know what the best way to work on your cooking skills, but what I do is just cook as much as I can, trying different stuff.

Two things I learned that I wish I knew from the start, a freshly sharpened knife makes cutting 100X easier, and mix oil and butter in the pan so the butter doesn't burn.

>>56492361
>>56492362
Pretty much.

>>56492362
thanks

Well looks like market crash got cancelled. Historically October is the worse month in the year for the economy, but seems like it barely dumped at all. Oh well, maybe November will change that.

>>56492385
They can say that in retrospect. Even if the opposite happened, they could just change a few words and still be right.

I think we are sailing into uncharted waters.

Heh, financially speaking how do you prep for an engineering test from Tesla? I am going to be doing a test on the subject of batteries... just to get a possibility of an interview.
We are soon entering the 4-year weekly average on all major indices except for NASDAQ (carried by AI) and I need money to invest. Historically, the index always swiftly recovers after either touching that support or bounces like crazy if it falls through.
But damn is getting a job difficult now. I had to exaggerate my knowledge of batteries and am now reading two books on electrochemical chemistry. Thanks for reading my blog.

>>56492404
I don't know, but good luck.

>>56492404
are you asking how to make money? find something you like and can do independently. personally I play poker professionally as it suits my autistic brain. You can make $50-100/hour at 5/10 stakes

>>56490958
I have been working to buy shares of XOM. Give it time friend.

This boglehead method is shite. I've put £117k into the stock market over the course of the past 2 and a half years and I have 5k gains to show for it. Fuck this shit

>>56492433
>Broad diversification
That's the problem. You should identify a few good trends and stick to them. My mum for example bought a metric shitton of tech in the years after the 2009 crash and is now enjoying such insane gains that it would put 99.99% of /smg/ to shame.
Also bought good companies that keep generating good money, increasing profits, and increasing divvies. Pepsi, Caterpillar, Lockheed, Exxon, and so on.
Broad diversification is a meme because everyone knows that certain areas will inevitably do better than others. Everyone knows that the magnificent seven carries the markets and have a dominant role in the world. So you could very well just stick to them and enjoy beautiful gains instead of diversifying into many other sectors.
I could write a whole blog about this but just think about it. If there is one thing I've learned it's to stick to a few really good companies that I am truly familiar with.
Also
>have 5k gains
Meaning you are doing better than the market if you've been holding for 2 years. At least you're in the plus, m8

>>56492361

Nah. They know exactly what to do, and just like 2020 they're already telling you in advance.

https://www.youtube.com/watch?v=W0u5h579ZeU

Do 1929 posters not get tired after a while?

They do realise there are recessions other than 08 and 29 right?

>>56492527
no

>>56492528
Bros how close are we to AI waifus? I was at my local store yesterday and all the chicks there had tats... my standards are already pretty low but I can't accept tats

>>56492288
No Hijab? Seems kinda haram

>>56492542
Whoever offers this to the public will become wealthy. And they will be much less expensive than a human woman.

>>56492542
How much would you pay per month for a robot like this?

>>56492557
35% of my salary is my cut-off if she comes with an artificial womb. If not, then it drops to 10%. Hell, escorts are more expensive than that. A good escort takes 200-300 bucks for 30-60 min.

Also why are people still napping about recessions when the latest data clearly confirmed we are very very far from one

>>56492635
Same here, I would want at least 2 though.

And I'm not sure about why people can't see the writing on the wall. I guess they are bag holders or believe anything the media puts out. Either way, it takes all kinds.

>>56492641
>I would want at least 2 though
Being a bit greedy aren't we? I honestly have no idea what I would do with two in my bed. It's just too much for a simple man like myself. Call me old fashioned

Well, aggressive bears also tend to drive the market up as they are forced to cover their shorts. That's what happened this year as we had that massive rally.

>>56492659
Indeed. There is a huge chance of a major short squeeze, and of course the media will say the market is saved and every thing is fine, right before the crash.

>>56490850
Your stock will get rekt, get out while you can. People with more than average IQ will move from stock to crypto.

>>56492659
curious to see what that chart looks like now with pic related

>>56492682
>unironic

*sighs heavily and shakes head*

*tabs away to tranny porn*

Yields....

Got up bright and early and walked to the bakery across the street and got some fresh donuts. It's going to be a good day bros.

>>56492771

>>56492771
https://youtu.be/NK2FqPNIT_U?si=F5JoLFLP82wK7bUL

if I walked into your bakery and offered something of value for a peice of bread would the honest and caring bakers take care of me?

>>56492787
Not if you post songs like that unfortunately.

>>56492771
I'm going to short your bakery. Is what I would say if I was a bobo.

>>56492817
Nah, the bakery here in town is top tier. If you wait until like 9 or 10am there is a line out the door.

Just watched a documentary of the isolated tribes in the north sentinel island and now I hate everything that the industrialization, economics, and its consequences has brought upon us. Their way of life has supposedly remained unaltered for centuries and they all look healthy and strong with their women pregnant. And now I look around me, surrounded by the filth of modernism, hedonism, and excess and regretting my life choices.

>>56492898
Honestly I watch a lot of travel videos and basically every single country outside of the western world seems way more comfy and simple than ours.

>>56492898
Those dumb monkeys need to be taught a fucking lesson

>inb4 we have a single oversold relief rally day any day in this upcoming week and mumus come pouring out of the woodwork to claim victory, only for the rally to die and all those gains get wiped out the very next day
I will enjoy linking mumu this post when it happens.

>>56492999
Markets are reaching plateau levels. We've reached critical levels of consumer debt and generational lows for consumer savings. Debt has fueled this market for years now so unless Jerome cuts rates, I don't see the market staying perma-green much longer.

>>56492999
Checked. Next stage: fear

>>56492817
That's just the death throes of the consumer.

>>56493045
Shit meant for >>56492841

>>56493045
Their homemade German soft pretzels are ready at 9:30, that's when the line starts. I don't play that line shit so I just go early and skip the pretzels.

Another day. Of doing really nothing. Rain today so meh I'll just stay inside after we get back from the KR run. Little game; "how much will we spend this time" $200, 300, or somewhere in between?. Always a crap shoot. Even with a list. Hey gotta do something to liven things up during the morning you know. (Sigh round 2008ish I could go to WMT or KR and get out with $100 or less and last 2 weeks on it)

>>56493197
Groceries are a fucking joke at this point. Im basically rice and beanmaxxing

>>56492898
>nooo I want to live like a retarded island poojeet, watch coconuts grow and get eaten and shitted out by the other retarded island poojeets

>>56493210
>DUDE i just LOVE the hustle and bustle of the big city, it’s so DYNAMIC and makes me feel like i’m in one of my favourite TV SHOWS. you should totally come on down to my studio apartment, it’s got EXPOSED RED BRICK walls and everything, we can crack open a nice hoppy ipa or three and get crazy watching some cartoons on adult swim! and dude, dude, DUDE, we have GOTTA go down to the barcade- listen here, right, it’s a BAR where us ADULTS who do ADULTING can go DRINK. BUT!!!! it’s also an ARCADE like when we were kids, so we can play awesome VIDEO GAMES, without dumb kids bothering us. speaking of which megan and i have finally decided to tie the knot- literally -we’re both getting snipped tomorrow at the hospital, that way we can save money to spent more on ourselves and our FURBABIES. i’m fuckin JACKED man, i’m gonna SLAM this craft beer and pop open another one!!!

>>56493212
Kek love that pasta

>>56491099
Checked

eBay’s retail business model is better than Amazons. Jack Ma thought the same thing until he had too much money pile up and had to start buying logistics companies

>>56491400
Long GS short bofa and regionals is basically free money. You could throw in TLT calls as a hedge

Is this the future (next year)?

>>56491421
They've began to have doubt and panic I have noticed on fitwit. They used to gloat each weekend (next weekend we're gonna rip!).

Now, it's "i-i think upcoming support might be a good retracement".

Not until they've capitulated and turned bearish will I cover my shorts.

NVDA is starting to feel like Enron or Wirecard. What justifies this price

>>56492528
>>56492410
>>56492392
Honestly it's a little disconcerting how realistic these are. I hope the folks developing these know what they're doing...

>>56493398
It's not really comparable, but yeah the market cap is arguably too high.

>>56493398
Just stick with your pager while everyone else upgrades to iPhone, boomer

>>56493398
>Wirecard
Did you mean Worldline? Wirecard is so 2019.
Digital payments are the future, they said.
No need for cash anymore, they said.

>>56493212
I hate the hustle & bustle. But I have to live at least near the city for my STEM meme job. And no I can not WFH. God damn it why are even shithole apartments so expensive.

>>56491076
>Can we just meme something into happening
lmao
schizo

>>56492898
>they all look healthy and strong with their women pregnant
Microplastic in the fish they eat, and sewage floating from India will eventually finish them off, without them knowing what hit them.

>>56491713
>make request to sell every 2 weeks
>market is doing good....cancel the sell order
>market is shit....dump dump dump

>>56492385
what idiot wrote this? the S&L crisis has nothing to do with "the chart in front of you," it's a fucking retarded opinion with shitty logic that works backwards to a CONSEQUENCE not a cause.
the S&L's lost deposits relative to their price of business because of the volcker rate hike.
>lost deposits
people moved their money into the market you fucking retard, and rates fell from that '79-'80 peak through that period and then BEYOND, all the way to 2008

>>56493424
I hope that anime girl didn't get crushed by that press and it was just for a photo

>>56493498
>I hope that anime girl didn't get crushed by that press
She does. it's a still from a youtube vid, don't have the link though.

>>56493506
I don't want to see it. I'm not into gore vids

>>56493452
>buy high
>sell low

>>56493398
You could argue that nvidia is actually in demand and used, wirecard faked numbers so it was all hot air

Is the (short term?) bounce happening on Monday, Tuesday or Wednesday? Or has it already bottomed?

>>56493523
Do some Jew voodoo to make the lines go up plz and thankyou

>>56493398
Idk enron and such actively lied lmao. I would argue nvidia is much more similar to Apple. Certainly it trades far premium but it is going to be a very valuable company for a long time.

Now check my dubs nigger.

>>56493542
honestly I don't think that we will reach the bottom until BOJ buckles
it will be the "Soros breaks the pound" of our era, investors shorting the yen
until this happens, there is another leg down looming
they intervened again on Friday to push yen back below 150 - not sure if you saw
until BOJ buckles, there is still another down leg
we need central bank "capitulation" for financial system to actually 'heal'
but this won't happen for months probably
so any rebound action we have until BOJ buckles is phony

>>56493424
In Chicongo it continually gets more expensive to now. The best is since one of people's only assets is their fucking condo and maybe 401k, they simply refuse to sell their condo at a reasonable price and will actually own like 2 as they wait to sell one.

>>56493557
Next year election cycle will be when demonrats finally attempt to sink it all. I swear. Literally more obsolete than the wig party.

>>56493547
>Buying TQQQ during (((Bidenomics)))
I'm sorry friend, even my strongest Jewish magic can't save your calls

The new female coworker stared at me during the group project today, I just did pic related face and looked away while she kept staring. I'm in trouble, am I? I really need this job

>>56493530
It seems all smoke no fire. A quick google search says NVIDIA inventory for 2023 was $5.159B, a 98.04% increase from 2022.

>>56493398
>FANG Stocks Of Dot Com Bubble: Today’s investors are very familiar with the FANG stocks, Facebook, Inc. (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Netflix, Inc. (NASDAQ: NFLX) and Alphabet, Inc. (NASDAQ: GOOGL) (NASDAQ: GOOGL). These four stocks both led the bull market since the 2008 financial crisis and dominate today’s market with their massive market caps.

>The dot-com had its own growth of FANG-esque stocks that dominated the tech sector back in 2000:

>Microsoft Corporation (NASDAQ: MSFT) reached a dot-com bubble peak market cap of $561 billion back in March 2000.
>Cisco Systems, Inc. (NASDAQ: CSCO) reached a peak market cap of $555.4 billion.
>Intel Corporation (NASDAQ: INTC) peaked at a $509 billion market cap in August 2000.
>Oracle Corporation (NYSE: ORCL) had its dot com market cap top out at $245 billion in March 2000.
>Finally, IBM (NYSE: IBM) had a peak dot com-era market cap of $215 billion.

>Altogether, these five tech stocks had a peak combined dot com market cap of more than $2.08 trillion, but that valuation certainly didn’t last for long.

>Dot-Com Bubble Fallout: A year after the Nasdaq peaked in March 2000, the Nasdaq was down 59.3%. All five of these big tech stocks had taken a hit. IBM was the most resilient of the group, declining just 5.4%. Microsoft shares were down 43.8%, Intel shares were down 51%, Oracle shares were down 59.8% and Cisco shares were down 69.7%.

>By March 10, 2010, the Nasdaq was still down 53.2% from its dot-com bubble peak a decade later. IBM was the only stock that had generated decent returns, gaining 19.5% overall during that 10-year stretch. Oracle shares were down 39%, Microsoft shares were down 42.6%, Cisco shares were down 62% and Intel shares were down 64.7% during the first decade following the dot com bubble peak.

inb4 >this time is different

>>56493697
>>56493530
>At its peak in 2000, Cisco stock traded above $79 a share, for a market cap of $546 billion -- surpassing Microsoft as the world's most valuable company and inspiring estimates that it could surpass a $1 trillion valuation.

>Unfortunately, the runaway success was not to last.

>The networking industry had, for all intents and purposes, never before experienced a steep downturn, and unchecked optimism about the growth of the internet prompted the company to ramp up production and expectations to unreasonable levels. This excess exuberance later translated into a $2.25 billion inventory writedown in 2001, when the dot-com bubble deflated.
inventory writedowns and unchecked optimism about growth, huh?

>>56493676
If your in this deep just go all the way with it. After the meeting just walk up to her and take a stab at her breasts. It might work and if it doesn't she was probably going to go to HR anyway and tell the lady that the new autistic employee was eye groping her. You stand to win everything

>>56493398
Borderline monopoly on the most important product in the only industry with “growth” that will see every government buying their product

>>56493557
Oh, I wasn't talking about "THE" bottom. I was talking about the next bottom, from which we will rally for a period, perhaps to new all time highs, before resuming the downtrend to the real bottom.

>>56493697
>business sees 3x increase in revenue over 3 years and forecasts further growth
>prior inventory numbers reflected constrained supply
>OH MY GOD WHY IS THEIR INVENTORY UP WHATS HAPPENING THIS IS GOING TO ZERO

>>56493792
if the dollar is worth less the fed will print more. Assets will rise, and regular working people will cheated out of their savings.

>>56493794
>>56493775
exuberant growth expectations and high inventories fucked Cisco during the dotcom bubble.

>>56493801
I don’t think a trillion dollars is that insane of a valuation when no one else can come up with a competing product let alone produce at scale. Obviously if AMD got lucky they’d be fucked, but I don’t think it’s comparable to a much more simple communications infrastructure company. Also I don’t own nvda so idk

>>56493794
Fake orders from fake companies propped up price. Yes I am talking about CoreWeave.

>>56493801
Do you believe that we are in a AI bubble? I haven't seen any AI commercials, other than some companies incorporating AI into their product. We are not to the pets.com phase yet.

>>56493832
I don't know jack about AI but I do think NVDA is overvalued. A lot of growth has been priced in. Look what happened to GOOGL and TSLA when they missed earnings. If the average market participant is treating NVDA and other megacaps' growth predictions and earnings estimates as set in stone they might have some nasty surprises coming.

>>56493832
There will be legit AI companies out there but there will definitely be hilariously bad ones too like the EV meme extravaganza. We will have our Nikola's or AI and I can't wait

>>56493676
> do nothing
> get in trouble because of women's perceived slights
modernity was a mistake

>>56493765
none of FAGMAN have actual inventory, checkmate

>>56493844
some of those EV companies are still hilariously overpriced despite seeing their shares drop by over 50%. Some of them have a current ratios below 2 and massive cash burn, like VFS or XPEV. Sadly shortable shares are rather few and far between
>>56493857
check out NVDA's inventory

>>56493865
Nvda isn’t in FAGMAN

>>56491224
but I like anime

>>56493869
it's in FANGMAN or big seven or whatever tech faggots love calling it which is close enough for me

UUUOOOOHHH ANIME

*WIDDLY WIDDLY WIDDLY WOO*

>>56493871
Most high IQ people do

>wake up early to empty bladder
>forget it's Saturday
>check charts
>why isn't it moving
>oh
I'm going back to bed

>>56493882
DARYL is going to be big on the rebound

DG
AZO
RGR
YETI
LOW

This isn’t a nerd millennial economy anymore

>>56491224
want some DIS instead?

>>56493792
so we are getting there - but it can always get worse
>pic related
if you take a look at this, you can see that there are some sectors that are actually oversold and way out of average true range, and **should** more often than not rally and try to get back within ATR at minimum
in particular:
>XLE
>XLI
>XLC
>XLF
>XLV
where they should rally this week
however, where the bubble really is in the market is in tech / QQQ, also just look at the S&P weightings lmao. It's ridiculous how overweight tech is. Tech although it's getting there, is not that oversold (yet)
Tech can go much lower before it is way out of ATR and RSI mid 20s
and because of the extreme weighting, if tech goes down, it'll drag down the whole market
so normally, I would be arguing for a rally this week - coming out of option expiry, going into Apple earnings, going into Fed - the Fed alone will relieve a lot of hedging that was put on which will create buying pressure from the hedge unwinds (market maker selling puts had to sell shares short delta proportional to the puts they sold, if market rallies can buy back shares they sold short reinforcing the rally)
it is also possible we just go sideways, to catch up with ATR
but honestly, the fact that you can look at all of these charts in pic related and go "Oh we can go lower" and don't immediately feel that they should be bouncing hard here I think is a little indicative that we may have lower to go, that this week could be a blood bath
BUT the Fed will seek to calm markets, so doubtful that we'd really dump that hard this week, the Fed will help out their oligarch friends and keep markets stable

>>56493897
too late, you have been awake for more than 5 minutes. It is all over.

>>56493857
also that's untrue, here's FAGMAN inventories

>AMZN - $36.6B
>AAPL - $7.3B
>GOOGL - $3B
>MSFT - $3B
>NFLX - $0
>META - $0

>>56493898
not sure what point you're trying to make here other than "this time is different"?

>>56493869
>>56493882
for me its FAGTMAN but i would be fine with FAGTMANN if you absolutely need to shit on nvda
The real problem is zuck changed facebook to meta so now there are no good insulting acronyms that are completely correct

>>56493913
Gen X early retirement beneficiaries have better risk/reward I was being serious

>>56493897
For me it's
>wake up to piss
>check clock
>see it's 5am
>realize it's the weekend
>decide to wake up to maximize weekend
>end up just sitting on my ass playing vidya all day.

>>56493920
you're probably right, I can't think of many places with worse risk-reward than tech right now. Maybe small caps.

>>56491037
I made a quick 60% on dpst in the spring. But I also had a 100% loss on smaller position in FRC.

Betting on another bail out isn’t bad idea but getting the timing right is the trick.

>>56493906
Thanks for the analysis. I too think the Fed would be the main catalyst in turning things around, and their meeting doesn't start until Tuesday.

>>56492433
>This boglehead method is shite. I've put £117k into the stock market over the course of the past 2 and a half years and I have 5k gains to show for it. Fuck this shit
You're a fucking retard who clearly did not read the book. In the last two years the entire world's economy has fucking yo-yo'd like crazy and you're upset that you are cash positive? You're literally doing better than 99% of investors.

>>56492456
>Everyone knows that the magnificent seven carries the markets and have a dominant role in the world. So you could very well just stick to them and enjoy beautiful gains instead of diversifying into many other sectors.
You're also a complete fucking retard and I can tell you weren't around for the Dotcom crash because the same thing happen with tech stocks then. Secondly, you are doing selective survivorship bias, ignoring all the tech stocks that ate a dick in the same time frame (Intel for example). Most of the Magnificent 7 were absolute shit performers until 2016.

>Broad diversification is a meme because everyone knows that certain areas will inevitably do better than others.
Which is impossible to predict and even then that does not exactly applying to stock performance. Look how oil and gas bros were correct but that has translated to fuck all in stock performance.

>>56494076
>Look how oil and gas bros were correct but that has translated to fuck all in stock performance.
I'll just keep buyin'

>>56494089
I am starting to think that interest rates have had a significant impact on oil stocks, but it has been obfuscated by the commodity's whiplash.
Oil isn't exactly the sector I want to be holding when central banks start backing off rates.

I'm going to buy 100 shares of Ford for every dollar it falls below $10.

>>56493398
It's neither of those, but cisco

>>56493898
>This isn’t a nerd millennial economy anymore
Based, fuck the big tech troon shit. I think you should add TSN to your list, too, btw.
READ
THIS
SHIT.
https://www.msn.com/en-us/money/savingandinvesting/sell-the-s-p-500-buy-this-instead/ar-AA1iTqQN

Faggots.

>>56494116
The quality oil companies (and I think the sector in general as well) have strengthened their balance sheets during the past few years. I don't think interest rates are the issue for most of the companies in the sector. Access to capital is constrained and that has lead to stronger balance sheets but also reduced capital investment for better or worse. I think some of the sector weakness can be explained by the latter, and some of it is perhaps due to the fact that many market participants are still treating o&g assets as potentially stranded assets and not taking into account the actual net present values. Those, and the general demand fears around the recession narrative that have yet to materialize I think are the main issues holding down E&P share prices.

With all that being said, what's considered risk to some is an opportunity to others.

>>56494146
>investing in meat in clown world

>>56494148
It isn't the access to capital I am thinking about. It is the fact that when people think about oil stocks, they generally think about them as income stocks. And XOM is paying out 3% as opposed to treasuries just makes it unattractive.

>yields
WORLDS ARE COLLIDING, JERRY!
WORLDS ARE COLLIDING!

>>56494162
Then people are ignoring buybacks and growth in a higher commodity price regimen. That may also be part of the reason why these stocks are so cheap, but that still makes the sector only more attractive when compared to almost every other sector in the equity market right now.

>>56494162
And I was thinking that when central banks start lowering rates, it means that we are in a recession, and demand for crude is down, and prices plummet.

>>56493832
I hear them on NPR all the time (which interestingly enough now that I say it is the only place I'm really exposed to advertising these days.)

>>56494158
TSN just bought a stake in zbugs, in fact. They are the 2nd largest protein company in the world and looking towards zfuture.

>>56494183
the change in demand for crude will be marginal, that isn't to say that the marginal difference won't be significant, but it won't be like 2020. And OPEC has been pre-emptively strangling supply. The point stands though, holding oil when rates are being lowered is a risky bet for sure.

>>56494226
>The point stands though, holding oil when rates are being lowered is a risky bet for sure.
could you elaborate on this? Is it just the recession narrative of rate cuts = lower demand? Why would that be worse specifically for oil rather than some of the more overvalued sectors like tech?

>>56494165
Seinfeld is not a good show and you should feel bad for liking it.
> but it was good for the 90s!
Because all television in the 90s was shit.

>>56494252
Seinfeld is more complicated than it looks IMO.
All sitcoms are absolute shit but Seinfeld is the only one that approaches being good. It's essentially the television version of Francesco de Goya's famous mural "Saturn devouring his son."
I think that's why you see both posted here so often.

>>56494214
Well shit it's already happening then.
>>56494252
Seinfeld was kino television. Sorry it wasn't made in 30 second clips zoomer.

>>56494236
Oil is highly cyclical and tends to plunge in a recession.

Rates are also dropped in a recession.

Hence noticers think dropping rates lowers oil prices.

Correlation does not equal causation in this case imo.

I can see us lowering rates into the election to juice the economy. So the current malaise we’ve been enduring turns out to the “recession”. Oil goes up on demand from a starting price of $80 to some number far above 100.

>>56494236
The risk here is opportunity cost. Market wide we could all be punished (in stocks) if the doomer post yield inversion recession/crash (this time it turns out it isn't actually different lol) thing happens. The issue is the opportunity cost of holding something that could halve itself and then 3X on borrowing being cheap again vs something that could halve or 1/3 itself and then go back normal.
Hell, the Russel bros might finally be right.

>>56494089
Based. Oil, Gas, Coal and Uranium is the future It's about time we get energy companies among companies with the largest market capitalization globally.

>>56494307
by 1/3 itself, I mean the price drops by 1/3, not that it will drop to 1/3 the current price

>>56494307
>>56494329
I agree that being long either equities or energy in general right now carries significant risk, but I wonder about this assumption that equities will necessarily fall less and recover faster than oil. As it stands I think oil companies are already pricing in some of that risk due to their low valuation multiples. Do most other sectors price in these kinds of market downturn risks? I don't think they do.

If they pump the market next week I will pull all of my money out the bank to bring it back down. I’m the captain now

I'm so bullish on ORLEN that I will have spaghetti with Heinz sauce ($1.5) instead of cornmeal ($0.30).

>>56494305
The Fed is independent could the white house ask the Fed to lower rates or would there be out cry from the press

>>56494226
I was thinking more like 1998, when unleaded gasoline dropped below a dollar for a summer. 2020, or anything like it will never happen again. WTI in the 50s will happen again. And that's pretty crushing to the industry.

>>56493197
Welp we ended up spending at both KR and WMT $326.00. The sad part?. Very little of that was on actual food stuff. Our freezers and pantry was still stocked up good. The only "splurge" item we bought was a fucking 12pk of cookies that was $5.00..go figure.

>>56494406
People speculate that fed chair Arthur Burns was very easily manipulated by political pressure
or retarded

>>56494392
That's hubris, anon.

I want to install a bidet but I require more money.

>>56494424
The spaghetti was really nice Heinz hasn't sacrificed quality like other shitty sauce companies. But now that I have satisfied my primal instinct (hunger), in retrospect I should have eaten cornmeal and saved money to buy more ORLEN shares. A mistake I will avoid in the future.

>>56494392
>Heinz sauce
Do you mean ketchup?

My newest idea is to watch the price of pre-owned laptops as an economic indicator. When it's low, the economy is growing; people and companies are buying new machines and dumping the old ones on the used market. When it's high, people and companies are saving money, buying and extending their use of old machines.

>>56494487

>>56494504
Lagging indicator you'll end up buying the top.

wow, 2scoops is the cowboy poster
who knew

>>56494505
What the fuck is that? Are you a bong by chance?

>>56494528
You might be right. How about retail investors going all-in on a Polish oil-refiner stock? At which part of the economic cycle does that occur?

>>56494552
Be surprised if he wasn't

>>56494546
BOIL anon is the original cowboy poster, He now post AI generated cowboy images. Scoops probably saved and reposted the death grips image.
>>56494552
It's Heinz spaghetti bolognese sauce. I'm a yuropoor not a Bong tho.

>>56494554
Well first of all since Nordsteam Orlens main business is gas production and distribution, second point is that no one is going all in on ORLEN and that's why It's trading at a half year p/e of 5 and half book value. Third point is when the war cycle end you sell ORLEN, and it's only the beginning...

>>56494317
XOM was the largest company in the world after Great Recession until about 2014.

I don't think my public storage trade is going to work. I underestimated the public's tolerance for letting shanty towns exist near them. No one's going to buy a storage unit when they can just pitch a tent and dump their junk next to it. When did it all get so bad?

>>56494580
>BOIL
I'm pretty much UNG anon now due to being able to trade it 24 hrs on HOOD but that might change again if I wind up using Fidelity which limits you to nigger trading hours.

>>56494620
>don't have to go downtown or outside really to shop
>Whenever people do go somewhere they look down at their phones the whole time
It is tolerated because nobody with money has to really look at it.

>revolving debt can be your friend
lol rocket

>>56494599
Well It's been a decade since it's been in the top 10, about time that changes imo it will when the FED cuts.

>>56494630
I wouldn't touch the products you're trading but that's just me, if it works for you more power to ya.

>>56494620
Competition in that industry has always been fierce.

https://www.youtube.com/watch?v=N0gb9v4LI4o

>>56494657
I'm gonna need the ticker on this one.

Next week we bounce,I promise

>>56494706
It will happen regardless of promises.

>>56494637
Agreed, I'm just saying it should be "back among the companies"!
>>56494653
>I'm gay but if you're not then cool
I am betting that you in particular would trade 'em if you followed them closely enough to learn their behaviors because your eyes would be opened to a literal money machine. It takes some learning, experience, and a lot of relative patience (weeks of just watching and waiting sometimes), but once you get the hang of it it's the most dependable trade that there is.

>>56494706
I sure hope so, otherwise it will be very painful

The Dow is now negative for the year.

>>56494769
What does this mean for BABA stock?

>>56494769
That's what they get for booting XOM, keeping DIS, and not having DE.

>growth stocks are dying because of the high interest rates and refinancing their debt
Reminder that SNAP has literally never turned a profit

>>56494794
>booting XOM
still boggles the mind that all this ESG grand standing has been going on like this for so long. Whenever people avoid a sector for moral or political reasons that provides an opportunity for others

>>56494802

>>56494811
All the pure coal companies have a combined m.cap of ~$300B. I have no idea where they're going in the short term I hope down so I can accumulate more.

>>56494840
I really really want to go long some met coal producers but the steel markets are causing me to hesitate.

>>56494854
Iron prices are starting to go up again. I only have JSW as coke play they own 80% of the EU coke market.

>>56494867
Personally I've been looking at the US coal producers since they're still so hilariously cheaply valued. AMR, HCC, ARCH. Maybe European companies are cheaper still but there's a (geo)political risk premium baked in I think.

>>56494811
Darren (XOM CEO) said Friday that he likes ESG principles and that we absolutely do need to reduce emissions and XOM intends more development of methods. He's no faggot either, and didn't even flinch or wince on the question, he was just pretty much fuck yeah, man, good shit.

>>56494882
>AMR, HCC, ARCH.
Familiar with all of them. Coal prices have declined quite a bit hope they stay lower for longer so these companies correct, would be a good entry opportunity, but I'm not betting on

Migrate
>>56494913
>>56494913
>>56494913

>>56494901
don't get me wrong I'm all for most ESG practices myself as well, in the end they're just social license and corporate responsibility and all that jazz repackaged into a trendy buzzword. And I like it when the oil companies I own put those kinds of practices into consideration because it's just good business to avoid environmental problems or social bullshit. But the ESG craze has manifested in poor ways: capital constraints on certain industries, overvaluation and ridiculous subsidizing in certain other industries, reductions in necessary capital spending leading to constrained supply... It's become a mess of capital misallocation caused by ideological fervor. Now that renewable energy and EVs have begun to crash and burn oil companies and even some governments are beginning to distance themselves a bit from their ESG agendas, and who can blame them?
>>56494904
yeah me too I really want an even cheaper deal for those shares

>>56494949
Oh, absolutely agreed and definitely bullshit that retirement funds got restricted to ESG requirements, thus limiting those people's retirement net worths and such.

>>56490981
>but it is only worth it if you bought the bottom and best possible way 20-40 years ago
This.
Also this is the reason why ETFs and funds like SCHD, SPYD, VIG are useless nowadays.
DIVO got the right idea, but have fun sitting out the next 20 to 40 years.