/biz/ - Business & Finance

My wife is gonna fucking kill me. I dropped 30k of our 40k savings in BBAI calls this morning and I'm down 57%. I need to turn shit around. The pump after hours is giving me hope, I might cross my fingers and go all in with the rest of it for more calls

Financially speaking, Joe Biden is the worst president in the history of the United States.

>>57866221
>BBAI
Bed, Bath and AI? What's so bad about that?

>>57866221
>Ashy Larry discovers the NYSE

>>57866221
Damn BBAI still exists? I stopped gam - trading last year around April

how far will TSLA fall tomorrow?

>>57866264
Top fucking kek anon. God tier reference.

I was big into Gamergate when it happened and actually fucked off to 8ch for a few years. Havent touched /v/ in ages. Apparently theres a new Gamergate brewing from forced ESG shit happening. News to me, but not surprising.
https://finance.yahoo.com/news/companies-test-out-different-ways-to-talk-about-esg-without-saying-esg-125007682.html

So financially, whats the best way to play it? Occupy Wallstreet happened after 2008's crash and got completely subverted. I suppose things will continue as they always have, which means investing in big companies like Microsoft or Sony or Nintendo, or targeting midsize publishers like EA, Ubisoft, or Activision, knowing that M&As are inevitable

I would have said
>Oh look, the DAX is dumping (after the retard aftermarket pump) on DHL sucking ass
>Sweden and France dump at the same time

It is so bad

Is there anywhere people go to discuss stocks where it's not full of people huffing their own farts
>LET ME TELL YOU WHY THIS COMPANY WITH A MONOPOLY ON A SINGULAR INDUSTRY IS GOING TO ZERO
>UMM NO ACTUALLY MY FRIEND BRAD USES IT AT WORK AND ITS REALLY GOOD.

Like holy fuck you could take the same two lines above, apply it to 150 companies that had earnings this quarter and still not even be close to how often its true.

Anyway adbe calls and nvda calls. Igaf if firefly sucks. Your boss is still paying for it.

>>57866315
That reminds me, NFPs for US today, so no USD forex trades for me today, sad

>>57866221
I had 400 bucks to my name in 2021. Made 4k, lost all but 1k and rode it back up to 40k

All in 2 months. You'll be fine. Stop buying meme garbage. Or this is bait

do i cash in my itm put when the market opens tomorrow morning or hope jpow heems the market some more?

>>57866372
And now they all pump at the same time. How the fuck do you explain that? How can indices of different countries dump and pump at the exact same time premarket when almost nobody can trade? Countries that are different, stocks in the indices that are different. Literal computermarket

How goes your year so far?

>>57866413
>How can indices of different countries dump and pump at the exact same time premarket when almost nobody can trade?
You answered your own question. There's fewer market participants, so when people trade, there's huge spreads, low liquidity, and higher volatility.
Remember that prices rise when demand is higher than supply and the opposite is also true. Order book depth and limits are probably being fucked with to mess with overnight holders. Banks do that all the time with forex. Or maybe indexes are adjusting based on the underlying, or people are placing hedges. Who knows

>>57866434
I need to trust myself more and pay better attention to market cycles. I had 100 WMT pre split and some bonds, and missed out on a good bit of that rally. Now I'm skeptical of NVDA and crypto and expect a retacement because surely this top cant continue.
So the will remain bullish. I'll let you know when I want to FOMO so you can short

>>57866221
Yep always double down

https://www.ig.com
https://www.icmarkets.com/
https://www.xtb.com/
https://www.ifcmarkets.com/
https://www.avatrade.com/
https://www.mitrade.com

The US treasury is doing yield curve control.

JD go up or die on opening?

>>57866589
rly?

All-in on MRVL.

>they didnt buy avav

>>57866221
do it, tomorrow is gonna be the day

How low can Apple realistically go?

Question
Today, we had NQ go down 2%
Now don't get me wrong, stuff like factory orders shitting the bed was bad
But overall.. the economic news today was not super dire
Am I wrong??
What was the news today that triggered -2% NQ
To me, this seems like the first time, in a LONG time, literally more than 6-12 months, where we've had a -2% day on "nothing at all"
Every other -2% day (as rare as they've been) has been in relation to projected federal funds rate changes
What happened today?
Anyone care to speculate
I know that "On no news!!" is a meme -- today it truly felt like "On no news" -- indicative of the market topping out / bullish sentiment exhausted

>>57866907
to emphasize, before markets even opened, before even the 8:30am prints, we were down what -- -0.5%? -1%?
It was a crazy move overnight on essentially just Japan nothingburger

missing out on so many fucking plays cause I'm a lazy piece of shit, well that's it. I'm gonna get some shitty fuckin' job and start pouring money into it.
RECENTLY MISSED OUT ON
>RGTIW @ 0.1$
>HPE JUNE 21, 24' @ 1.4$
>XBI @ 78$
>PHUN @ 6$
>IBB @118$
>AVAX @ 20$
AaaaaAAAHHH FUCKKKKKK MY LIIIFEEEE
https://www.youtube.com/watch?v=dVkM-_Fqyqk

>The US now has an 85% chance of recession in 2024, the highest probability since the Great Financial Crisis, economist David Rosenberg has said

>Rosenberg highlighted the superiority of this economic model over others, as it has consistently provided timely recession warnings without generating any false signals since 1999

Please god lets just get this shit done and over with already, markets have gone full retard for too long.

>market DEEP red
>but nvidia still up
>market bounces off the support on march 6th 2024
>market goes up 300 points on march 7th 2024
NVIDIA 2000 eoy bears seething

>>57866221
What is a BBAI? Big Black AI?

>>57866252
I read this same post in july while thinking about working in solar door to door sales.

>>57867042
>rosenberg

>>57867042
>(((Rosenberg)))
>it has consistently provided timely recession warnings without generating any false signals since 1999
And how many recessions have we had since 1999? 5 or 6 if you count the small ones that lasted for a few months? Statistically if you took 30 different analysts, at least one would probably call it 100% accurately. Even getting one wrong is in the margin of error.

>>57866907
Yes SHORT EVERYTHING nvidia 2000 eoy

>>57866872
Should have bought nvidia (2000 eoy).

>>57866366
lucky bastard, wish that was me having her fat thighs around my head instead

>>57866931
>crypto retard
wrong thread bozo

>>57866872
It could drop 50% or more. All the other big phone companies died eventually. Blackberry. Nokia. Motorola... None are that good any more. Motorola is probably the best out of them but they managed to pivot into neat tech stuff (and bought a company I found myself: avigilon).

>long term yields fell
>Services Report was good/bad, I actually can't really tell
>stocks fell
>gold up or at least not down
Yields down implies rate cuts. But everything points to no cuts. Even the services report had 56 on prices paid. Yeha they expected 62, but 56 is still above 50. Also
>inflation is coming down
>expect 62 on prices paid

So why did yields fall?

>>57867137
>
Also long term yields fell a lot stronger than short term, inverting the yield curve more again.
>that happened last times when fed was hawkish
>but stocks pumped and didn't dump unlike yesterday
It's all mixed

>>57867137
Does not mean rate cuts. Means demand for bonds

The hoatzin bird found in the Amazon basin is the only bird that are ruminants. The guts of these birds can ferment leaves. In fact, it eats a diet strictly composed of tree leaves. The hoatzin also has very little evolutionary deviation in its DNA. Such species are commonly called "living fossils". It can trace its lineage as a species to as far back as 150 million years ago when the dinosaurs still roamed the earth.

>>57867158
Which is bad for stocks as it implies economic downturn. Why buy bonds when you can buy stocks? Only if you expect bonds ot perform better.

>jupiter - uranus conjunction in april

ruh roh raggy

>>57866917
Powell will save bulls

Test

This is like +1 dollar on $SPY which means it's plus 7 grand or some shit on my option strategy.

>>57867319
Im gonna jupiter in uranus if you catch my drift

>all current data on EU inflation is completely meaningless as EU peaked months later on inflation
>it still was +0,2% than expected

US core inflation peaked mid-end 2022, EU peaked end of Q1 2023 and held up til Q3. The fuckin data on EU is all fuckin worthless. until september.

got 200 dollars to sink into wallstreet pockets. taking recommendations

>>57867452
So that's a gin enema right? Juniper strait in the anus?

>>57867122
i just want to turn my pittance into something sir

>>57867459
NAT

>>57867452
>>57867469
April 20 2024 is when the markets could crash. Brace yourselves lads.

>>57867459
BIG calls

>>57867201
Literally nobody buys bonds because they perform better they buy them because they are safer

Im a europoor and i didnt go long on CRWD before close ( i pussied out ). Should i fomo at premarket or not? Why PANW dumped while CRWD pumped?

>>57867515
The markets can't do that, everyone is going to be too busy celebrating the life and legacy of Adolf Hitler.

>>57867515
Nah mate, why should it?
There are literally no bad news ahead.
No good ones too but i think we could crab a bit before rate get lowered and we moon up a bit more.

Anybody see this one yet? Like wow what a fucking bait and switch. This is clearly against some kind of rules unless it's Kosher.

>>57867553
That image is singlehandedly the most bearish thing I've ever seen in my life.

>>57867165
They also have claws on thier wings as chicks. That they use to climb trees.

Germoney is going to pump my fuckingn bags

>go to bed red, wake up green
wtf i love afterhours yid trading now

>>57867666
It literally is made by the FDP (liberals). They just want to pump their own bags and cash out.

I used some of the money I made from the giga dump and bought some games.

I got Shiren the wanderer serpentcoil island, and preordered Princess Peach Showtime. At least some gaming will comfort me during the April market crash.

>>57867704
They could have been like the Canadian teacher's pension fund or the ukraine and invested billions into FTX.

>>57867042
still on track for the Q1 crash then

>>57867704
>>57867754
Sad part is FTX would probably be solvent now had they enforced a HODL mode.

>US joins
>Market immediatelly aggressively up again
Powell please nuke this shit, it's getting out of hand

>>57867818
bobo fears our buying power

>>57867165
That’s a cool bird

>>57867859
It obviously bought the cool chikkun dlc

I'm gonna take a guess and say either 3/11 or 4/20 are the market crash days. I will load up on tech stocks just in case.

>>57867652
can we get some office lady feet pics?

man i feel bad
my friend gave me an ssd for christmas because i had mentioned building a new pc
i thanked him but not too profusely, thought it was nice of him though
just got around to building it now and realized it's a 4TB that sells for $220

>>57866872
thanks for letting me know apple is on a #dip so I can slurp for free money :v)

>NVDA 863
This whole market runs on this shit, it is insane. It makes less sense than Apple or Tesla leading the market.

>>57867948
Sorry, I meant 869

>>57867913
Thank him now? Say you didn't see how large it was as you didn't build it immediately

>>57867913
What did you get for him?

Early morning green day... But will it hold?

>>57868077
Isn't Inflation data today? Markets dump on inflation data every time

Are you glad you bought the SOFI dip?
I'm glad I bought the SOFI dip.

>>57868077
Sure why not. My favorite is tesla with a trailer hauling a genny.

The stock market peaked in February
From here on out it's just Nvda
All other tech stocks are dumping

Yields...

>>57868108
Priced in already yesterday

>talked to a friend that works for collections law firm

>looked at me worried, said that files have been rising a whole fucking lot for the last 18 months

>Warned that its been a historical indicator of a recession, due to payments slowing down to a crawl

uhm bros?

>>57868134
would the sex be worth the crazy?

>>57868036
nothin
we had a white elephant for our friend group, he gave extra presents

>>57868126
Why did Amazon dump on no unrelated news?

>>57868144
>Look at this anecdotal evidence. It's happening!

I'm gonna dump all my BABA bought at 100 for NVDA. Good luck, bros.

>>57868108
Even with rate cuts?

Would it make sens to buy utilities for the upcoming surge in electricity use with all those Nvidia run Data centers?

>german growth revised down 2 times now on the same day to just above 0%
>Zalando pumps to +4%
That is so fishy

>>57868211
The DAX will just grind as long as it reaches the R1. As it jumped of the pivot. It just flipflops between those lines. Did the same thing yesterday pre EU market, jumped of S2 up til R1 then back down and now the same shit. Won't stop til it reaches the red line.

So I just realized that I had a baseline TA indicator that wasn't put on my chart correctly, I had previously removed it and then added it again but it was supposed to be an overlay.
Look at this absolutely retarded trade it would've saved me from

Eurozone Retail Sales (M/M) Jan: 0.1% (exp 0.2%; R prev -0.6%)
- Retail Sales (Y/Y) Jan: -1.0% (exp -1.3%; R prev -0.5%)
>worse mom than expected
>better yoy than expected
They will never stop with this.

>>57868291
Why the fuck are the Swiss authorities holding back the Franc? Just let it go so we can join Luxemberg and Lichtenstein and DD Lambos.

Anywho, billionaires are selling positions of companies that they themselves either own or started. US Bank emergency funds are being shut down next week. Is the Kosher Krew in the US setting up a massive rug pull?

I bought Amazon at IPO and have been through six Microsoft splits, so I don't mind completely selling out my positions, especially when Bezos and Gates just sold out a few days ago. I don't want to bag hold for kikes.

Hewlett Packard Computer

Another day, another leveraging of NVDA

>>57867948
>This whole market runs on this shit, it is insane. It makes less sense than Apple or Tesla leading the market.
>the whole market runs on gpus and chips
>somehow this anon thought phones and ev meme cars were more important to the market
Dude chips are the new oil. it runs everything.

>>57868415
Yeah man. I invested in Amazon before the IPO (I'm the guy that gave Bezos $100K) and I'm really thinking about selling my shares right now. Talked to Bezos a few days ago and he said the Chinks are coming in hard (Temu, SheIn, AliExpress) and they're taking market share, He's going to start lobbying to ban these guys to keep market share and he's selling stock to have money for bribes.

>>57868164
>nooo a single sample means nothing, it could be noise!
peak midwit response, I even suspect b8

>>57868444
SOXL to the moon, then.

>>57868472
Everyday someone posts anecdotal "evidence" that it's happening, and the market kept going up.

>>57868464
Cool story bro. Everyone clapped. She ate the whole bowl of eggs and too soon.

>>57867042
This kike is a retarded permabear

>>57868501
A bit cooler than your story.

>>57868291
Just dumped another $100 into my forex account, got another batch of trades ready to go. Didn't realize aluminium and lead have such retarded spreads, might just stick to copper/gold/silver in the future, but hopefully the trend works the way I think it will.

>>57868415
>especially when Bezos and Gates just sold out a few days ago
Another instance of the Cantillon Effect imo. While it describes the effect that being closer to the money supply gives you better advantages (think banker or politician vs the average worker), I think it also counts for timing the market, since they have an uncanny ability to call the top and winners ahead of time.
I forget the exact year and currency pair, but I want to say it was the CHF/EUR that were pegged together and there was a price floor. Banks decided to put political pressure and remove the floor and price immediately dropped like 10000 pips for a day or two, or something like that

>>57868464
I unironically believe this part.

>>57868636
It's a logical course of action.

>>57868647
Rather than selling your shares, why not sell a really deep long dated call? Like if AMZN is going at 174, do like $80 or $100 calls. Chances are it'll expire in the money the first time you write it, but you might as well collect some time premium from it on your way out

>futures

>>57868683
Can't argue against that.

>>57868624
But these people are billionaires. Some of the richest on Earth. Simply by having their name in the news cycle is enough to sway/spook the market (human or AI trading software) and their respective companies a few points for better or worse.

Bezos just up and sold 50 million shares. Over the last few days, AMZN has hit and floated around the all-time high (pre or post split).

Gates just walked off the Board of Directors of Microsoft and the current CEO is hinting at liquidating his stock position.

They know something. They have access to the best economists and insider politicians.

>>57868697
Well it could also rally and trend upwards further, which you miss out on; but the time premium should account for that, and you're already quite profitable on it. It also depends on whether it makes more sense to just sell it right now and dump it into something better (eg maybe you want to derisk into bonds and they'll have better expected yield). There might also be capital gains considerations for options, I know that selling shares via options can be considered short term capital gains and has different implications than selling shares you've held for a while

>>57868716
>They know something.
there isnt anything to know. stocks are at aths and extremely high valuations so time to take profit. theres no hidden trick here.

>>57868716
That's what I mean, they are well connected and have more insider information than any individual market participant does. Look at when Pelosi sold the top around 2021(?), then we had our 2 year bear market.

>>57868716
These sales were planned in advance as a part of his 10b5-1... he isn't top ticking diddly dick. he sold 50 mil shares, and still has 950,000,000. He's buying real-estate and is throwing cash at AI startups. Fuck you retarded faggots.

>>57868716
>>57868734
Insider selling doesn’t mean anything unless it’s a huge sell off.
Only insider buying truly matters

>>57868776
Like Pelosi with her NVDA calls

>>57868189
baba hasn't recovered yet, why would you do that?

>>57868776
Ive also heard that before as well. Selling can be a case of personal or investment or tax reasons, not because the company is bad. There are many reasons to sell, but only one reason to buy

>>57868752
Since he is obviously your neighbor did he tell you when Figure AI goes public?

SOXL march price prediction ?

>>57868819
$55...

Dec 2021 prices would be neat.

Funny how every comment section on every stock in the forums is exactly the same

female natural gas

I dunno why I am buying eido when I could just buy nvda

>$TSLA | Morgan Stanley Cuts Tesla Target Price To $320 From $345

Banks are demanding they be allowed to give risk free loans to the poor
"Officials are also expected to scrap or reduce higher risk weights on mortgages to low-income borrowers and on renewable energy tax credits, the people said."

Are they really just going to undo yesterday's dump in pre-market?

Bears are gay

What I don't get is who the fuck is buying at these prices. Where is the money coming from?

>>57869102
No it’s gonna dump again whales gonna sell by 10:30 everything is going to be crimson red

>>57869203
based and feembrap pilled

>>57869067
And that’s a good thing

Amazon is freezing hours for associates at many fulfillment sites, but yeah it's just anecdotal evidence guys nothing to worry about. Stock market isn't the economy, but also the economy is booming.

what's the most retarded thing I can do at the moment

>tfw i bought crwd and not panw like all the shills on tv told me too
get fugged panw.

>>57868848
It's over

>>57869308
Pajeet Crowdstrike imposters in absolute shambles.

Es ist vorbei.

go go ENLV, break the 400 today

>>57869182
I buy $150-$200 of stocks every weekday
>Where is the money coming from?
Some of us have jobs

>>57869182
there are these things called 401k's that get auto invested every paycheck, plus individual accounts and IRA's. there is a steady supply of slurping cash.

>>57869067

>>57869067
This is literally what bill Clinton did which caused the eventual 2008 recession kek!

>>57869182
The money I made on nvda fds. Have you been short this whole time? or cash?

The gamma flip level on SPX was 5070. Wasn’t surprising at all that it squeezed when it hit that, normally it would’ve triggered stop losses but short squeezes have been fueling these rallys

SOXL
NVDL
PLTR
SMCI

sit back and relax. AI age just starting. not near a bubble

>>57869476
Regardless of valuation?

Is a bad JOLTS job report bearish or bullish?

>>57869554
What's it matter if your time frame is 25-30 years

Thoughts on Broadcom?

>>57869568
>
Everything is bearish now

>>57869554
The valuation and long term prospects of money is even worse. I'm desperate to get rid of every dollar i dont need for food or bills that falls into my hand due to incompetent feds, incompetent spending, money printing, etc.
>>57869576
That too though I'd like to retire in 20 tops so I still have some time left to enjoy it

If you have $5, think like a $5 man.
If you have $5 trillion, think like a $5 trillion man.

It's simple folks.

Uhh guys, I had a dream last night that Morgan freeman passed away. He's still alive currently but I'm a bit of a fortune teller. Don't know if you can make money from this, but now you know.

Higher. For. Longer.

>>57866178
I got $90k where do I dump it?

>Will you gamble your life savings
Yes

>>57868776
Stupid question, if insiders and institutions keep slurping a stock and there are very little insider sales, it that bullish?

>>57869662
Generally, but keep in mind institutions are just as retarded as you and me.

Idk brotha these articles make me think we're in a bubble, dood

holy fuckin shitcoin EU

>>57869661
Apple calls

>>57869675
We're almost always at record highs that's the point of stocks

>futes

>>57869675
It's not so much we're in a bubble, it's moreso the dollar is becoming worthless.

>market makes the meme pattern
>will definitely go up like 500 points today anyway

AI is so KEKED

All in on bbai?

>>57869771
This is why NVDA will be sub $200 EOY

>>57869719
Why

>>57869771
This is why NVDA will be $2000 EOY
Everybdy will buy their GPUs to use stable diffusion locally.

>>57869744
relative to the rest of the world, the dollar is way overvalued. the world's capital will continue to flow into US markets

>>57869744
Name a sound alternative to US dollars.

>>57869771
Now it doesn't show me that answer anymore. But I found another mistake. Gonna post soon.

>>57869778
It's coded by a bunch of pozzed trannies. Imo these trash generator services will go under and all good ai output will be done via local models, the downside of this is corporations will have immensely better ai than you or me but it's worth it not to have to deal with this shit

>>57869814
Maybe someone will create an opensource protocol where people can rent their GPU power to train AI models for crypto or something.

I'm following Burry into BIG

I sold all my AES and bought AMD NVDA MSFT and INTC. I'm a retard but I don't care any more.

>>57869806
NVDA shares

>>57869843
Say the line.
>>57869858
Based.

>>57869771
You have MSpaint get to work

the boomer barbell:

big tech ----- big energy

>>57869778
Buffett is a majority holder of Apple and he's spooked over EU ruling anti trust and Asian markets tanking 25% in sales of iPhones. Right now he's a bag holder.

>>57869850
should have just bought INTC easy 10x EOD desu

>>57869809
why is microsoft even using userbenchmark as a source, it's a useless shit site

I always thought 30k was life changing money
now I have it and I feel poorer than ever

HIGHER
FOR
LONGER
NIGGER

Watch the market turn around 10

European defence industry ETFs

>>57869897
Speaking of nonexistent markets
>asteroid mining ETFs

>>57869923
>asteroid mining ETFs
This unironically could be a new paradigm pushing the market to reach a permanently higher plateau.

>>57869946
yeah in like 80 years when it doesn't cost $140,000,000,000 to move 1kg of rock from the asteroid belt to earth.

>>57869923
Correct, there isn't one

New British ISA. Anyone following this?

>>57869960
$140,000,000,000 is basically nothing. We could print that in a day.

>>57869897
NATP +2.45

I told you all about NATO. You only have yourselves to blame.

>>57869891
I have 300k and I feel like the biggest broke faggot ever.

If I make 3k more off the stock market I'll finally get myself that plastic surgery I wanted for years

>>57869891
Same. That's why I need a 10x ticket

>>57870024
downsizing the schnoz?

>>57870035
>10x ticket
BIG calls, earnings tomorrow

Why is no one mentioning bbai? Feel like that's most obvious play here.

>AMD, NVDIA
Kek, madness

>>57870090
NVDA has at least a x2 left in it. Depends on wether Powell will restart the printer. If so, it's a x5 at least.

BODNSARE BEING BOUGHT, BONDS ARE BEING BOUGHT

>>57870149
Long dated bonds and gold

>>57870053
why

Why is the market acting so weird on canadian data? Did somebody forget to set the bots right?

Wait, Powell's testimony is released earlier, prior to him speaking? Wtf is that? LMAO

>>57866296
Ask yourself what, if anything, is going to change and to what extent it'll affect the bottom line of the companies involved. If it's, say, a 0.01% uptick in NTDOY sales and a loss of 0.0001% in loan revenue for BlackRock, well, that's just how it is. There's not necessarily a profitable angle for everything.

>>57866648
JD earning beat
Up hugely in pre market

>Fed’s Powell: We Do Not Expect It Will Be Appropriate To Reduce Policy Rate Until We >Have Greater Confidence In Inflation Moving Sustainably Toward 2%
>- Will Likely Be Appropriate To Begin Dialling Back Policy Restraint At Some Point This Year

>>57870294
>at some point
He couldn't get any more vague. What is that kind of Fed even worth? 0 guidance

It sure sounds like June the earliest, rather later.

>>57870322
Q3

>>57870294
Excuse me, I was promised a x5 in NVIDIA.
Better hurry up those rate cuts.

uhhh bros, you didn't tell me Powell is testifying today

>>57870322
Vague is the point, that's Fedspeak

>>57870337
As Bostic said. July it will be, which would technically be summer as well as Q3.

fellow lions, when will be our time? Greg doesn't seem to be his usual self lately

>>57869987
>62,68% US

>S&P right where it started yesterday on US open
Lol, this market

>>57866178
AMD just keeps pumping

>>57869850
>and INTC
yes you are a retard

>>57870482
NVDA is reasonable compared to that and SMCI

Wow Robinhood won't let me sell NVDL right now, fantastic

>>57869634
Hes next in line to be sacrificed. Im assuming the headline will be something really humiliating. Think David Carradine.

>>57870508
Liquidity issue?

OpenAI has fired back against a lawsuit filed against it by Elon Musk, using the billionaire’s own emails to show he backed the company’s plans to become a for-profit business. In a blog post on Tuesday, OpenAI said Musk insisted it raise “billions” of dollars to be relevant compared with Google. Musk filed the lawsuit last week against OpenAI, alleging the startup had strayed from its mission to build responsible AI and that it had become beholden to its largest investor Microsoft. In the blog post, OpenAI said that Musk was lashing out after trying and failing to make the company part of Tesla.

Will bobo finally go long on ROPE today or will he disappear and wait for the next -1% day so he can act smug and say I told you so it’s all crashing down off one minor red day in a multigenerational golden bull run?

I am genuinely pissed that baggie will be making money today.

>>57870535
It just says NVDL is temporarily unavailable in the session I've selected, but it says that in every configuration I've tried. Oh well guess I'm selling at open.

>Yields goign down
>Gold rising
>Stock rising
>oil rising
lmao

it's gonna be one of those days

NVDA is garbage
BOIL is best

>>57866178
Most of you guys are wagies right? Are pajeets really that bad? As a nonwagie I never really deal with them.

>>57870567
I copied Baggie's trades yesterday so I'm glad he's making money

>>57870649
I'm not fucking Indian (or Canadian)

Open this shit.

Bulls are giving Baggie a second chance to do another +160% 20k gain

>>57870661
I saw that little faggot posting his picks yesterday, and like when he's hot you just follow him.

>>57870671
that's weird, you used the same word twice

>>57870671
>indians
>canadians
Wouldn't fuck them either.

>>57869834
They’ll just stick you on a botnet with a RAT embedded in a .pdf shared on 4chan and suck your processor dry for free, like they already do

>>57870682
I already made that insanely hilarious joke which undoubtedly has people wheezing and pissing themselves

wtfwt

When is Jerome speaking again?

>>57870717
In 50 minutes I believe

>NVDA
lmao

Are rate cuts bullish or bearish? Cause that statement sure doesn't sound like a june rate cut and also not like 3 or more cuts.
And it also doesn't sound like he's doing it because the economy is THAT great.

>Powell's appearance is at 10 am but the opening statement is usually released early.

Do not expect to cut until we have greater confidence inflation moving toward 2%
Policy rate likely at its peak for the cycle
We will carefully assess incoming data, evolving outlook, balance of risks
Labor market remains relatively tight
Labor demand still exceeds supply; nominal wage growth has been easing
Risks to achieving dual mandate coming into better balance
While inflation is above 2%, it has eased substantially
There isn't anything new here from what the Fed has been saying for weeks.

Someone tell me if I should go all in on BBAI before earnings

>>57870740

>Will likely be appropriate to begin cutting rates some time this year

SAP earnings report is next month and it won't be enough to justify it's current valuation. Do I short this piece of shit or will the AI-craze cause it to pump even if they miss?

Will the journalists ask him about AI?

>>57870768
God i hope so.

>>57870766
This piece of shit is truly worse than Siemens.

>>57870826
Both German companies, coincidence?

*takes mic*
>WHOA BLACK BETTY

>>57870836
Worse than Siemens are the military companies. Are they even doing anything? How is Ukraine out of ammo?

>>57866221
Maybe consider the OPTION of stopping being a
GOOMBLING
FUCKING
NIGGER

I bought Google at the top. Fucking immediately afterwards all the bad press started with their gay ass Gemini AI that don't work. I'm torn between doubling down on my position (Shit, Google at a discount is Google at a discount! Says the optimist in me) or totally liquidating this position like the dihoarrea dump I took this morning.

>>57870873
I don't think the ukrainians even want the german tanks, too much of a headache kek

I spent hours yesterday messing around with Stable Diffusion on my 4090 pumping out gooner images for the first time. The quality is insane if you get the settings right, and I'm just a beginner. People on other boards are pumping out images with no typical AI mistakes in then that you can't even tell apart from regular images.
NVDA to 5000.

>>57866221
Could haverisked 5k

>>57866221
Lets all take out life insurance policies on this guy, so when his wife kills him we can all cash in.

925 NVDA calls

>>57870935
Just sold a 1040

Powell speaks at 10ET right?

Fuck it I'm buying more SPY calls at open

>>57870935
I sold mine last week and I'll never forgive myself

>he didn’t slurp yesterday

big oof

>The longterm yields are dumping harder
>Yield curve inverting further after already inverting yesterday
Wtf?

This better be good.

>>57870940
9am cst

>eoy 4090 NVDA calls

>>57870940
Not so much "speaks", he does a Q&A with Congress.

>>57870958
yield curve is transitioning from inverted to prolapsed

I'm just glad I was able to spend the last /smg/ with you.

*BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG

I don't see no stream on the Fed's Utube channel. Is it gonna be streamed by some news company because he's talking before congress? I do not own a television.

WHAT THE FUCK WAS THAT

good morning fellow quantum supremacists!

>>57870996
yeah I’m thinking today will be neon green

>>57870969
this makes me cum

>>57870996
based

kek NYCB is back to 3

>>57870996
Absolutely based

Why HIMS go down? Its my only red stock riht now

>>57871002
Quantum had its chance to be the object of hype. It failed because its too esoteric for mass appeal. Do not invest in quantum anything.

>GOLD

NVDA is going to crash at around 1200

>>57871049
NVDA is going to 2000, bobo.

NVDA is crashing upwards

>>57870990
Cute ai

>DADA: 25%

Told you fellas there was a downward trendline to break.

My CCs on SOXL continue to get fucked and not in a good way

>>57870996
based

>>57871060
No 1650 is the absolute maximum as insiders and politicians can only buy up to that strike price.

WHAT THE FUCK IS WRONG WITH HIMS
IT TOOK MY STOP AT 12.70 OUT 5 SECONDS OFF THE OPEN THEN ANOTHER 5 SECONDS LATER WAS UP A WHOLE FUCKING DOLLAR
ARE YOU FUCKING STUPID???

Nothing has been said that wasnt already said previously, dumb fucking bulls.

the GOOGLes they do nothing

Sold half my calls already to at least break even for the trade yesterday. Now if SPY goes even higher and I dump, it's all just gravy

On a long enough timeline, all strike prices are simultaneously in the money and out of the money.

Hope to hit 507 this morning and get saved by powell later.

BIG PUMPING GENERAL

>>57869699
>>57869699
>>57869699

>>57871083
Stop loss hunting, many such cases

>>57871083
That's why you don't use stop losses you clown

Fuuuuck. Why did anf dump so hard, they beat earnings. God fucking damn I was up 35% on my calls and immediately went down to - 20%. Fucking kill me

>>57871119
>>57871121
it was up so much i thought it was ok to set the stop at break even
what a fucking motherfucker

>>57871117
Not buying your bags, rajesh.

>>57871136
I've gotten fucked exactly the same way every time I've ever set a stop.

>>57871066
Yeah it seems like running it through multiple checkpoints gives really good results.

>Keep Your Chin up /smg/

Is there anything dumber than a stop loss?
If you think something has upwards momentum you should be buying the dips

>>57871128
Thank you for playing.

>>57871163
cute!

>>57871117
>BIG
/SMG/ is a TGT and COST board

>>57871174
>Is there anything dumber than a stop loss
stop profits

>>57871174
Boomer rocks. Imagine caring a bout a $10 move in gold when in the same time you could have tripled your money with NVDA.

To the anon who recommended TSLA puts, thank you :)

I saw last night on Twitter how unhinged Elon was trying to get OpenAI integrated with TSLA, now he's salty and suing

>>57871188
Based. Majority of my port is COST calls

Seeing ANF shit the bed is making my AEO calls nervous af rn

SHOULD I THROW INTO BBAI OR NOT

>>57871198
Youre welcome.

my PLTR calls...
sell...
Engage

fucking hell should've bought more kek

>>57871006
>>57871021
>>57871030
>>57871078

>>57871174
It's basically a FOMO prevention tool. The problem is that it tends to create more FOMO if you aren't confident in your strategy. Like if the stock enters a short squeeze you won't end up bagholding or if the market actually crashes you can stand to be in a favorable position.

Ten minutes

What worthwhile earnings plays remain this week ?

I have to go push snow for a few clients, but I don't wanna miss Daddy JPow's Q&A and be left holding the bag on calls

>>57871239
Village has been fed.

>>57871230
Make it so

>>57871244
So you'll make money if the market moves up or down significantly or lose money if it's flat or choppy. That is effectively like taking a long volatility position. Long volatility almost never works as a strategy unless it is a hedging component to a greater position.

>>57871271
Snow? With all this global warming? Thats it, Im shorting greta thunberg

>>57871163
The new pov's are great

>>57871268
COST

>>57871306
>>57871306
>>57871306

>>57871224
No you should have did that last week

>>57868791
What's the price for the call? What price will NVDA be at

>>57871721
it was in the money like 150c