/biz/ - Business & Finance

He told us

>>7468443
>off by 1
figures

>>7468443

>>7468443
>Shorted the DOW at 26.5k
>shorted bitcoin at 20k

Fuck you, /biz/

I need a drink.

Y'all nigga buying the dips or watching from the sidelines?

>>7468487
>shorted bitcoin at 20k
mein negger, this would be funny if you weren't lying

>>7468494

went all in at close. will buy more if lower next paycheck

>>7468494
Still watching, still not enough fear.

Hold me /smg/.

>>7468443
Everything's gonna be ok /biz/

>t./pol/

>>7468494

I'm not buying til Monday. This could get super ugly for people who are too scared to hold bags through the weekend.

>>7468529
did you just draw this

>>7468494
That's my quarterback who will win 5 more Super Bowls.

What can we expect Friday morning?

AAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>7468560
pain

>>7468487
Sure thing, Gordon Gekko.

>>7468560
Suicides easy 10x.

>>7468560

>>7468560
another -800

How long until theres a comfy economic collapse

>>7468560
small recovery intraday and then hard crash to -5%

>>7468600

No chance in hell it dips another 800. Even 500 would indicate that we are in big fucking trouble alone.

>>7468614
-2 days.

Did it just enter the "correction" graph?
Is it happening?

>>7468494
Watching. Im going all in at a certain point. Money is ready.

Damage control.
How's your debt?
Will your job hold?

Did you guys not long volatility?

>>7468494
waiting for a 30% correction

>>7468443
I waned you to buy gold.

https://www.youtube.com/watch?v=faa4N0LdiTU

>>7468494
Bought biotech dips already, they are always overblown because of the excess risk. Already in profit
Have 50% of my assets in cash waiting

>>7468636
Both major indices down 10% since January. It's officially a correction.

>>>/wsg/2095920

How much more will it drop guys?

THE CITY OF /BIZ/

>>7468650
No, I longed cash.

>>7468650
I picked up MRNS and TVIX near the bottom today. Feelsgoodman.

blew my load way too early on tuesday. only 40k cash left

>>7468729

if i had to guess i'd say after today we've seen the worst and will return to an uptrend. literal correction to the trend-line

>>7468787
there might be one day of retracement up

but all next week will be down

>>7468650

Super surprised VIX isn't higher right now.

>>7468494
watching, but marshaling my forces

fuck this, i'm getting out

Who here is waiting for ATVI earning call ?

>>7468560

If I could predict what the stock market would do I wouldn't be hanging out with y'all broke asses.

>>7468443
>come to biz
>first thing I see is pink wojack

Like clockwork

>>7468822
Yes you would, you know you can't leave 4chan.

>>7468560
a spike? Is everyone really sold on the idea that the market is actually going to just free fall? MANY companies did well last year, and yet this drop even effect companies that should be well on there way to another good year.

Take amazon and paypal for example, both have suffred nearly 4% losses, when in reality the prices they came down from where spared on by great news

This is just consumer panic, indivial companys havn't disingrated over night and saying that the stocks are overvalued is just wrong

>>7468701
>10% since January.
but dow isn't even down 4% for the year yet

>>7468860
See you again on black Monday kiddo.

>>7468846

Yeah you're right. But I would be shitposting on /his/ instead of /biz/.

>>7468860
and robots, don't forget the robots.

It was the XIV crash that did it.

>>7468860
Sears is over valued by 2 bucks

Let’s say DJI tests the 200 MA at 23500 in the next week and then breaks lower.

Where do we see TVIX going? Kind of hard to rely on historical data because of the splits but what are we looking at? $30-40?

>Started browsing /biz/ two week ago to experience the coin crash
>Get to experience it myself this week.
I almost feel responsible for this.

>>7468560

People won't want to be trapped in the market over the weekend.

If the dow goes up tomorrow, people will see it as their last chance to get out before it crashes again.

Both of which point to the dow being down big tomorrow.

WHY WONT MY STOCKS SELL?
HOW DO I SELL ON DEGIRO?

>>7468890
I'm just here for the wojaks man, I just throw most of my money into index funds and hold till retirement.

Although I do have $1000 to play with, but I don't know how to buy individual stocks in Canada really.

>>7468952
Weed stocks breh.

Aphria and Canopy

>>7468942
>People won't want to be trapped in the market over the weekend.

your wrong though, i enjoy being trapped in the market over the weekend, because i enjoy suffering and hate myself

tfw panic sold 4/5 of my portfolio 2 days ago. With a 25% upside in 2 months.

In Europe, so will get some popcorn and watch the plummet tomorrow morning.

When should i buy back /biz/

Well, at least you have friday to watch for rapid changes.

>>7468443
If you sold today you made the right choice, tomorrow will be a bloodbath. Just so you know...

My warning.
>>7338861

>>7468952
I invested into uceqx, it has a small dip, which hurts, but I know it will go backup.

>>7468982
>When should i buy back /biz/

in three months

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

IT CANT END LIKE THIS

>>7468979
>>7469013
I mean more, WHERE do I buy them in Canada?

What are the tax implications for anything more than an index fund?

>>7468946
markets are closed right now nigger

open 9:30am - 4:00pm EST

>>7469017
more like 2 years

>>7469008

DOW 19,000 in the near future is very possible.

Those who don't understand this are going to be in a world of pain.

>>7469008
What kind of happening Anon?

>>7469008
SPXS all in, yolo

>>7469027
I'm in a Roth ira, so yeah

>>7469027
go to your bank and open an account

put it inside your TFSA for those sweet tax-free gains

>>7469031
OPEN THEM RIGHT FUCKING NOW

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>7468494
I bought the previous dip. Going to hold through for now. Stop losses are set tight though just in case.

>>7468982
When the crash happens in a few months, it will likely happen by summer, maybe sooner.

>>7469051
Are we going to break 20,000 again?

>>7469072
Ah, I've already maxed my TFSA with index funds.

So there is nothing no-fee like robinhood here?

>>7469044
plz no

>>7469051

If we get nuked or something, sure. A decline to that level is basically not possible.

MOMMYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY

MAKE THE PAIN GO AWAY

NVDA popping a bit

Too bad I'm already dead

>>7469097

Forever is a long time. Obviously some time in the future we will go above 20,000 again (we're there right now, after all).

But I can easily see it going below 19k pretty quick.

After that, who knows what the bottom is.

>>7469103
nah
lowest fee is Questrade or CIBC Investors Edge depending on what you buy

THE HERO WE NEED

>>7469008
>>7469051
>a minor correction
>some massive happening
stabilization tomorrow
back to green on monday

>>7469106
usually it takes few years for a full recovery but i too hope for a faster recovery

Pls no.
I don't want to lose my job and live on mom's tendies again.

>>7469166

unironically this. bet on it

>>7468443
IT-IT'LL BE OKAY WON'T IT /BIZ/?

>>7469109
Probably more likely than you think. 19000 was only a year back. It wouldn't last very long, but I could see it dipping there momentarily if Trump starts a trade war or something.

>>7468494
I bought the dip in AAOI for a swing trade. Market is either going to rally back to all time highs and then dump off the face of the earth or I'm an idiot.

>>7469166
>minor correction

Look at the bright side of this : we are now the most active thread on /biz/

>>7468614
Stocks are not an economic indicator, dummy.

This is investors reacting to changes in the borrowing environment. They're moving pieces around on the board, to reflect that. They're reacting to very strong economic news.

This isn't a reflection of the state of the economy, it's gamblers changing their bets, based on changes in the economy. If you don't understand that basic fact, you have no business posting in these threads, and you need to just stop posting, read, and try and learn something.

>tfw made $7000 from XIV in 2016
>tfw stopped trading because got scared of crash liquidation
>tfw smuglords made like a billion from XIV in 2017
>tfw when most of them killed themselves this year

my weak hands saved me

lmao
I remember being a new trader, seeing dips and corrections like this all the time and feeling really scared

you faggots dont realize this isnt bitcoin, its built to go up forever very slowly

>>7469109

Not possible? Really? Not Possible?

In 2008 it went from 14000 to 7000, and many of the same problems that existed then still haven't been fixed, and a few have even been made worse.

Meanwhile, the DOW was 17,888 in the week before trump was elected.

If you ask yourself WHY it went from 17.8k to 26k after trump is elected, you will understand that there was really no reason for it to happen.

Irrational exuberance

>>7468560
Depends on if the government shuts down.

>>7468787
I'm betting a couple more weeks of rollercoaster, as the big boys shuffle their bets around.

Recovery starts in March.

>>7469249
this

crypto brought too many financially illiterate normies to /biz/

>>7469188
I mean the fed could easily come out and say they will only raise interest rates three times this year, not the speculated four, and cool off the panic some. Maybe they were overzealous in their projections and tried to push harder than the market could take.

>>7468946
Calm the fuck down. Don't panic sell. Have a plan.

>>7468982
22K Dow

>>7469159
KEK it is cashing tomorrow, along with everything else

Hope you anons stock up on TVIX tomorrow morning, shit is going through the roof. DOW Hitting minimum of 22K tomorrow.

>>7469266
>muh 2008
>muh irrational exuberance
>muh other stupid shit

holy shit kid, stop listening to banker analysts and do some fucking research

Lads I'm thinking this is it. There is going to be a crash and it won't start going back up until 2019. Even if the DOW lost 10,000 points it could still be considered a correction.

>>7468494
Big dick nick

>>7468753
Forgot the next page where /smg/ is saved by the real bull

i panic bought silver during the last crash a few days ago. not advising following in my steps though, i get btfo every time.

>>7469304
Thats exactly what they will do. When markets dip like this either trump or them will be doing things to cool it off

>>7469263
>not buying low and selling high

just because it'll go back up in 10 years doesn't mean you shouldn't maximize your profits by rebalancing in the short term

>>7468860
It's not even consumer panic. A little bit of it might be. This is the big dogs changing their bets in the new lending environment, and shifting money from stocks to bonds. I'd guarantee a significant portion of the sell off went to bonds.

The economy is strong. This is just the gamblers at the craps table changing their bets.

>>7469159
I want to die desu

>>7469317
NNNOOOOOOOOOOOOOOOOO
AAAAAAAAAAAAGGGGHHHHHH!!!

>>7469263
>Eternal growth

>>7469249
Thing is, stocks are gambling. You could argue that stocks could trade for half of their current values and economy would still be swell. There's no fundamental reason for stocks to be safe from crashes even if the economy is well because their price is inflated in relation to the fundamentals.

>>7468888
The conditions for a black monday don't exist. Do you even know what that phrase means?

> definitely not a dead cat bounce

>>7468982
You'll buy it all back at the same price or higher on the way back up. You just wasted a bunch of money.

>>7469350
holy shit when did I say I dont re balance or sell? I daytrade. You faggots are spewing that a recession is about to happen and Im saying NO you retards

>>7469382
>DJA fell 500 points on black monday
>DJA fell 1000 points today

Alright anons, please your bets

Market continue to crash & burn tomorrow or bounce back.

>>7469306
>Doubting the saviour of the stock market

>>7469094
The crash just happened, stupid. "Correction" is a polite word for "crash", the media uses it to stop bank runs.

>>7469249
It's going to suck for neets who haven't got a mortgage yet unless theres some kinda crash in the prices of houses... Damn mortgage rates are going back to the mid teens to twenties.

>>7469431
defintely crashing and burning tomorrow, 2 thousand point hits on the chin, KO for at least a few weeks

we have some rebound action in after hours

>>7469431
they're gonna stay fucked, buy SPXS calls

>>7469423
true, /biz/ is full of retards

>>7469431
bounce back
market and economic fundamentals have never been stronger and we finally have a businessman leading the country

DOW will break 35k by the end of 2018

>>7469431
Probably initial drop from pre-markets, then up for a while and dumping towards the end of the day.

>>7469171
Bullshit. The market corrected to it's previous level in '29 in a year. That crash wiped out over 80% of the value of all holdings.

I’ve been thinking this could be a cash out from stocks in anticipation of a huge bitcoin jump. Or a huge dump from the stock market because a bunch of jackasses got margin called on bitcoin futures.

>>7469457
I hope this drives home prices down. I have lots of cash, so I can handle higher rates.

BUY TVIX TOMORROW

Inverse ETF of SPY

>>7469457
>tfw smug at %3.25

SUCK MY DICK BOOMERS

>>7469431
Bounce. There is nothing wrong with the economy and lots of investors will buy these low prices. Which isn't to say that it won't trend down in coming weeks/months, just tomorrow bounce. Monday i dunno.

>>7469431
Slight bounce as everyone exits and then a plunge into the depths of hell. Set your alrams, lads. You don't want to over sleep tomorrow.

>>7469499
home prices will go down but not because of the stock market

>>7469496

The only thing that connects this to bitcoin is it going to another huge crash like the last time Dow dropped 1000. Last time it took until long after market close to happen.

>>7469306
And? Then it goes back up Monday.

That's the funny thing about crashes - there's always a recovery. Unless you're day trading, just ride this out and stop acting like a little girl.

>>7469316

Not a kid, really.

I remember trading 2006-2008.

Come to think of it, I also remember trading 1987, and I remember when everyone was saying how DOW couldn't break 2000

NVIDIA crushed earnings Q417 Earnings Results:
-Adj EPS: $1.72 (est $1.29)
-Revenue: $2.91B (est $2.68B)

>>7469496
You'd be wrong

>>7469480
>>7469448
>strong fundamentals
>eternal growth
>new paradigm

>>7469548

oh yeah I'm profiting. Been riding the fuck out of TVIX all day.

>>7469480
last businessman we had leading the country was Hoover

I want to but sell orders for tomorrow morning on all my stocks. Need some advice
Should I do:
>limit order
>market order
>stop loss
>stop-limit

What is the best way to short stocks? I'm using the Degiro app

>>7468699
what did u buy and why?

>>7469382
Okay buddy.

>>7469051
I think you get it, you will be fine.

>>7469062
Plausible deniability bro, sorry I can't tell you more.

>>7469064
Haha not a bad choice, but don't be too sure.

>>7469166
We are keeping a very close eye on the futures right now, their behavior compared to Tuesday and Wednesday will decide the market tomorrow. I know this sounds very silly and also logical (who doesn't keep an eye on the futures)
but we are waiting for a anomalous event in the coming hours.

hit em with the

S T A G F L A T I O N

>>7469552
Nice fucking larp
Then you would understand that we arent even close to a recession or even a bear market, its a consolidation market

>>7469361
Exactly. A 10% correction on Wall Street isn't going to cause a great depression or kill the economy.

Don't get me wrong, I have crash periods, but this one was due, Clinton, Bush and Obama's kicking the can down the road on the economy guaranteed we were gonna have one. Interested to see what, if anything, Trump does - kicks the can down the road, or does something about it.

>>7469424
IT'S OVER??? BUT WHY???

No short of a lie you guys.

I paid off all my debt last year and started saving up $10,000 to hand over to my bank to invest for me. I'm at $9000 saved up right now.

The scary thing is my car broke down in December and I had spend $2000 dollars to fix it.

If that didn't happened I probably would have had the $10,000 saved up already and invested it all in January and probably lost everything this week.

Looks like I'm gonna hold off and see where this market bottoms out. Just keep saving up money in the mean time.

>>7469496
>I’ve been thinking this could be a cash out from stocks in anticipation of a huge bitcoin jump

>>7469632
Coming to an agreement on NAFTA would help. He was reckless saying he wanted to pull out of it entirely.

>>7469632
the stock market grows expodetionally as there are MORE people bringing MORE money
Theres so many new people being born, and they will grow up with stocks twice the prices as they are now, and they will pay twice the price when they have money

← classic Dead Cat Bounce

>>7469424
It also fell 1000 points last week

>>7469661
Buy VIX or TVIX, market is going down to 22K. Invest after that

>>7469424
Consider the value of the DOW back then in relation to the drop in comparison to now and the drop. Ratios bro

>>7469424
Asshole, the Dow dropped over 22% that day. Today was 4%. Learn what percentages mean, stupid.

>>7469603
how severe is the happening?

bonds or gold?

We're all going to make it.

TRUMP PLEASE!

You made the stocks rise, WHY are you making them fall?

FUCK FUCK, it's ove------

>>7469632
>Exactly. A 10% correction on Wall Street isn't going to cause a great depression or kill the economy.
Obviously not, but the stock market itself still needs some heavy correcting. US stock market is almost 2x US GDP and P/Es are high. This growth is not sustainable when there's not been that large development in the industrials backing it

>>7469431
Digits confirm continuing decline

>>7469603
>we are waiting for a anomalous event in the coming hours
gov't shutdown info or market info event

Sooooooo buy VIX and TVIX? lol

>>7469457
They belong there. That crash, the housing crash, is WAY overdue. That one is gonna hurt. I'm praying it's not gonna for a couple of years, but...who the fuck knows.

>>7469712
Where do you place the bottom? 20K or 22K?

>>7469615

Come on. You should know that the market has been detached from the economy for at least the last 3 years.

>>7469496
>I’ve been thinking this could be a cash out from stocks in anticipation of a huge bitcoin jump.
BAHAHAHAHAHAHAHAHAHAHAHA

I nominate this as the most retarded post all day.

The money is going into BONDS, stupid.

>>7469693
>the stock market grows expodetionally as there are MORE people bringing MORE money
Stocks shouldn't grow because there's more people to throw money at them, they should grow because the stocks have become more valuable. Otherwise it's just a speculative bubble, no different from bitcoin, tulips or whatever you please.

>>7469413
I actually expect that, logically unless a major crash happens, 10% isn't much, and I won't feel safe unless I see a steady rise, which will mean 5-10%.

But I had 85% of my assets in the stock market, while having a mortgage and student debt. So I can't really take huge risks with no exit plan. Stocks are mainly a hobby, that I happen to make a bit of steady money from.

>>7469565
>strong fundamentals
Why is this a meme, did you even trade last year? Many companies had a lot of good news, new products, good earnings, actual reasons to grow in value.

>>7469751
18k

>>7469594
The best way to short stocks is to not get advice on 4chan for it.

>>7469794
Like I said the valuations have become disconnected from fundamentals. The growth already happened, now we're in for a correction rollercoaster.

>>7469599
Yeah, i thought so.

>>7469424
Dow Jones was at like 2,300 in 1987 when that happened. It would have had to have fallen 5,600 points today to equal that.

>>7469745
Don't fall for the VIX/TVIX trick. Steady decline makes them go down as well. Do SPXS if you think it will keep going down. Do VIX/TVIX if you think it's going to flip the fuck out everyday

>>7469794
And yeah I did hold some money in indices and tech stocks

>>7469792
ok well thats just how it is. everybody works, everyone has a 401k or pension fund or whatever. that money is invested by institutions into the stock market

I don't think we're gonna crash just yet.

Lets see how tomorrow and next week play out. Don't forget people have been predicting a correction for a while now. It's been a long time without a 5-10% pullback.

>>7469787
obviously this

however keep in mind for past year /biz/ has been a crypto board, not a "business and finance" board

>>7469888
Trips of hope

Im selling everything and putting it all on SPY

>>7469875
You could replace {stock market} with any other limited resource. That's not the way to go. Stocks are obviously valuable, but if you yourself understand the reality of the situation, it's clear that there's a bubble going on. An asset can be in a bubble even if it has fundamental value.

>>7469888
We're already at a 10% correction.

>>7469821
4chan is literally where I get all my advice for everything.

>>7468443
Stock markets falls.
No big deal in all honesty
Underperforming banks taking hits
Very big deal

>>7469928
it doesnt matter that its a bubble. shares are made valuable like rubies and saphires, companies give returns, everybody is happy

they are also a hedge against inflation

Weak handed beta here. Just sold everything today. Will get back in once the storm settles in a week or so

>>7469926
>Big Five Guy shilling SPY

NEVER CRASH CONFIRMED SELL SELL SELL

The (fairly) short answer to what's going on...

1. Housing collapse triggers great recession and nearly destroys the world.

2. Fed lowers rates to zero and pumps a shit load of money into the economy.

3. market calms down, and stocks start to rise.

4. fed is afraid to kill the recovery, so they artificially hold rates down

5. With 0% interest rates, market starts to bubble, and stock prices go up even though most americans never felt real recovery.

Fast forward to 2016-2018....

6. Stock market hitting record highs each month. Everyone knows the bubble can't last, but no one wants to miss out on profits.

7. Bubble continues, market now scared because they know rates have to go up eventually, and which point things will start to turn.

8. Floor traders holding their breath with their finger on the sell button, not wanting to leave 1 second too early, but afraid to leave 1 second too late.

9. Fed announces they will raise rates three times this year. Market starts to think it's time to pull back a little.

10. Trump SOU targets drug sellers and health companies, they do a 1 day tank.

11. This creates cascade failure where those invested in these companies have to shift out of other decent plays to cover losses.

12. Welcome back to 2009, where up/down 300 per day is normal again.

>>7470006
Right now bonds are becoming that hedge. People moving there may cause a snowball effect as more people who are invested in stocks realize that they aren't gonna be getting good profits any time soon.

>>7469926
>Big Five Guy shilling SPY

NEVER MIND CRASH CONFIRMED

SELL SELL SELL EVERYTHING

>>7468443
10% minor pullback off ALL TIME highs

Good to get these weak hands out, great buying opportunity at the end of March

>>7469726
In any crash, bonds are obviously never a bad choice.
Gold (very) long term is very bullish, but as you undoubtedly know if you have been paying attention, the price has been controlled very carefully the last few years.

>>7469744
We consider another SHORT government shutdown likely, but that won't affect the market too much. Think bigger.

>>7470037
this

Everybody's been on a hair trigger over the past year just waiting for the peak to sell. That peak was last week

>>7470091
>Think bigger.
military related event in ME? Syria?

>>7468763
Bought 50 shares of MRNS hope it returns like it's being rumoured.

>All of these denial posts
>All of the financial media is in full denial mode too
>Just a healthy correction
>Return to "normal"
The bubble graph is never wrong. Do you really think that anyone in their right minds would BUY into a market like this on a Friday? Oh, and don't forget about the seccond government shut down in a 1 month period. Tomorrow is going to be tragic.

>>7469731

Vote democrat economy grows.

Vote republican the economy collapses.

You only have your self to blame.

>>7469926
SHORT SPY RIGHT NOW

>>7470203
I don't want it artificially inflated.

>>7470203
stock market =/= economy

>>7470091
I was just trying to gauge what you meant by "happening", as what /biz/ considers happening is quite different from what /pol/ considers happening

stock market crash (bonds) or economic collapse (gold)

desu I think it either quickly bounces off the 200MA and stabilizes or were looking at a bear market, I'd be really surprised if this volatility keeps up and we don't start seeing pressure in credit

fundamentals look good but stocks end up being a leading indicator a good amount of the time

>>7470197

> media.

Yes they are, especially CNBC. They can go from one day saying buy to the next day saying sell, and you're not supposed to notice they've gone 180 degrees.

I remember them trying to talk about how great things are even when Bear was collapsing. They are always reactive, and they're all too friendly with the CEO's to be objective.

The only exception might be Mark Haines (who's dead now) and Rick Santelli, who just doesn't give a shit.

>>7470037
hello Goldman Sachs

>2011 to 2017
>"people fear market crashes, crypto owners embrace them!"
>2018
>both stock market and crypto crash simultaneously
lel

>stock market goes up under Trump
>Jews on twitter: Clearly Obama's doing, a result of his policies.
>stock market goes down under Trump
>Jews on twitter: HEY TRUMP, TIRED OF WINNING YET???? YOU'RE DESTROYING THE ECONOMY

>>7470269
Collapse of fiat and economy by association would seriously mean a collapse of society as a whole. Hard to see that happening out of the blue.

>>7469731
Republicans are literally retarded when it comes to this shit

what does this mean for crypto

>>7470286

200MA works most of the time, but not ALL of the time. The system is very slow to recognize extraordinary times.

A perfect example of this is the options market. Nearly everyone in the world prices options based on the Black-Scholes model; but that model assumes that stock prices are log-normal.

But it has been proven time and time again that stocks do NOT follow log-normal pricing, which means the entire pricing model is BS.

(not to mention that they calculate volatility based on price, which means that most volatility projections are nothing more than the second derivative of a mistake)

is this everybodys first experience with a market correction? holy shit you guys sound like retards.

>>7470421
I would have loved to have seen this board, had it existed in '87.

>my DFEN is down 21%
>my silver is down too

>>7470421
I'll be honest, it is mine.

Do you have advice or are you going to be a condescending cunt?

AHHHHHHHHHHHHHH

guys it's very simple

>large % of market capital is boomer retirement funds
>Trump just slashed income taxes
>all the boomers are cashing in their IRA/401k

>2017 surge in market anticipated 2018 corporate tax cuts and stock buybacks
>2018 tax cuts and buybacks are here
>time to sell

this was a classic pump and dump. we're going back down 18,000 like it was pre-election.

>>7469787
I thought the bonds market is also about to collapse. That is what is going to make this crash so brutal.

>>7470391

Don't have a horse in the race but from what I have seen where Dow is now is 6k on btc chart. I imagine when the gooks wake up there is going to be big trouble.

>>7470358
yea i think so too

>>7470449
refreshing this thread in 87 with dial up while the crash is happening

>>7470482
why? interest rates are going up

>>7470457
Don’t be a pussy and never sell on down 1000 days

This has nothing to do with the economy it’s just short volatility funds blowing up and quants fucking up, nothing more

>>7470421
Yes it fucking is. Most of my money is in VOO and I'm planning on just letting it sit for a long time. Do I just wait or should I actually do something?

>>7470482
Yields are going up which is going to destroy the value of existing bonds. Basically if nobody buys the debt they're going to keep raising the yield until it's at a point where naturally people will. We could be in for a wild ride though as this shit see-saws.

NO PLEASE NO I WAS SUPPOSED TO GO ON VACATION WITH MY GAINS TO LOSE MY VIRGINITY THIS YEAR
WHYYYYYYYY

>>7469926
kek Market crash confirmed

How much money have you lost bro?

You are the Cramer of /biz/

hope the central banks will keep tightening, this faggot market has to learn to live without free money

wtf KO go back up

>>7470565
There's nothing wrong with just accumulating more VOO at any time if your plan is to hold it for 30 years.

>>7470614
>How much money have you lost bro?
none.....

Reminder that if you're not doing what RenTech is doing you're fucking up.
https://www.bloomberg.com/news/articles/2018-01-30/renaissance-hedge-fund-sees-significant-risk-of-correction
From just over a week ago.

>>7470612
oh no

Buy TVIX or SPXS

>>7470638
Coca Cola safe investment they said.

>>7470612
buy some bear etfs

>>7470473
I bet you B5G is just a shitposting larper. Actually, I know he is. ALL tripfags are.

>>7470117
Syria is done, no more real action their for the foreseeable future. Of course SA and Iran will be the next big conflict, but we expect this to happen between 2025-2030, maybe earlier.

>>7470269
I want to be very clear here that although I consider myself very knowledgeable in the current situation, I will not be making any (exact) wild predictions as even I can not see all ends to this current situation. Please do not base your decisions on what I say here.

>>7470475
Don't forget the massive XIV implosion. That was the straw that broke the cammel's back.

Important statement from Bloomberg TV.
https://www.youtube.com/watch?v=zpDZxrY2R-4

I did it /biz/. I put sell orders on everything. I will be completely out of all stocks tomorrow morning.
I think we are going to be in a bull market until 2019

>>7470794
nice just bought 100k

>>7470901
You're a brilliant investor.

Berkshire Hathaway is down 10% from its high

Should I swap NVDA for it? I fell like I would be safer in Papa Buffet's arms in these trying times

Alright, I just put three thousand bucks on SPXS. Let's go crash.

>>7470693
>>7470780
it'll bounce back though won't it?
it always bounces back twice as high

>>7471182
I see you subscribe to the Chinese school of economics

>>7469431
Digits confirm bounce.

>>7469431
low for the year on the S&P is 2500

>>7468443

where do you guys watch these things happening in real time?

I want to wake up early tomorrow (for once) and watch the market burn burn burn in real time.

Would be nice to see charts, talking heads, numbers all at once. What sites and channels?

>>7471518
Bloomberg on youtube.

https://www.youtube.com/watch?v=Ga3maNZ0x0w

>>7471518
sorry for ridiculously long link

https://finance.yahoo.com/chart/%5EDJI#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

Why is everyone here so dumb? I made $300 during market hours from buying UVXY and $700 earlier this week doing the same thing.

When the market is obviously in a correction, you obviously buy a reverse etf.

It'll be red tomorrow as well because of some of the regular non-inverse ETFs giving over negative -100% returns to people, making massive margin calls all over the place happen, both removing big buyers from stocks and causing massive selling.

>>7468494
>buying before the weekend

It's going lower tomorrow.

And also next week. And the next.

>>7470901
I will be thinking of you as it bounces tomorrow

>>7471559
That link wtf haha

>>7468860
fuck off pajeet

>>7471559
wtf

>>7468946
Why are you selling? This is just the correction, the crash won't come until late this year.

Is the housing bubble gonna burst soon

>>7471777
Any minute now.

Who buying the dip here?

>>7471786
Fugg should I sell my house soon. My humble 3 room 1 bath is worth 1mill

>>7471777
Fuck

>>7471741
buy spy or sell spy puts

decisions decisions

>>7471559
Bro, next time:

bitly.com

>>7469694
ITS EVEN GOT CAT EARS HOLY FUCK SELL SELL SELL LNAO

Dont worry boys, I did the point and figure analysis. The nasdaq is literally hit bottom, we safe at lunch break open

>>7471862
what is this, tic tac toe?

Look at NVDA climb to the Moon against all odds.

>>7471862
>TA

>>7469560
It's going to crash once all of you fags stop buying their parts.

>>7471914
doesn't matter. Amazon did the same thing with its earnings and now look at it.

>>7471862
>technical analysis
spotted the virgin

>>7471936
>FNGU opens +9%
>closes -9%
I'm just not opening my brokerage account tomorrow.

>>7470203
Vote democrat, have an artificial economy

Vote Republican, have a great economy.

Stock market overreacts and causes a bubble.

Tfw -2% now

Hold me anons. 80/20 into bonds now though! So the bleeding should lesson...

These are the trend lines that the S&P has been following since 2009.

expect tomorrow to be a big red day and next week to have some volatility but a general return to normalcy.

That means either sit on your hands until next week or the week after or buy into UVXY, TZA, TWIX, and or SPXS

These are inverse etfs which all go straight up when the market goes straight down.

It hurts.

Who else here is buying all the GE they can get their hands on?

>>7472061
go fuck urself u fucking child

>>7472078
GE will be dead by EOY.

>>7471862
>ta
>on futures
>of an index
El em ah oh

>>7472087
I've made 1k out of the 1k I put into UVXY because I saw this crash from a mile away.

Stop being dumb.

>>7472113
But anon, they’re gonna spin off their constituent parts. They still have a ton of extremely profitable sectors.
It’s the same way I made fat gains on FCAU.

>>7472061
why does it look like theres coordinated fud here?
Is there some kind of kike boiler room infesting /biz/?

>>7472078
Yeah, don't do that.

>>7472118
if you use TA on the normal index it gets all fucked up because of the gaps.

>>7472157
Of c-course not goy!

He's just one of your fellow anons!

>>7472157
>Is there some kind of kike boiler room infesting /biz/?
yes
and /pol/

>>7472157
Because I am bothering to learn about investing rather than just throwing money the trash

The market following trends is basic investing 101.

>>7472183
But senpai, I trade futures.
It’s entirely emotional based speculation and hedging. It’s like trying to TA a fucking memecoin.

>>7472078

Don't do it. GE is not the great name they once were.

>>7472201
also trip fags with awful picks ;)

>>7469304
Thing is, the 10Y rate is going tits up. They can say whatever they want, if it still goes up, they WON'T have any other choice than to raise the rates. Maybe even more than what they intended.

Central Banks losing control ought to be fun. I don't buy it though, if it comes to that, they'll use their nuclear options: QE/printing/whatever. Until it doesn't work anymore.

Cramer calls people who are selling "morons".

If you understand how the Cramer reverse-barometer works, that's about the biggest sell signal you're going to get.

>>7472210
>im trying to learn about investing
>so here is my fud analysis
>buy these inverse etfs
lmao

>>7472229
I’m not really buying it for the name, I’m buying it for the spin offs.
Same reason I plowed dick deep in VRX when Ackman (PBUH) sold. B&L has tons of value when it’s eventually spun off.

>>7468560

Initial rebounds in the few hundred points range, followed by some smaller sell-offs. Dow probably ends positive. If the Dow suffers a similar 1000+ point slide, it may be time to panic. Fed interest rates are still very low and Congress voted to borrow $1 trillion, if the stock market were to crash again, what tools are left to get out of it?

>>7472077
not for me (^:

>tfw AH is volatile as fuck and because I have gold, it makes it look like I have 200 less than I do

>>7472219
its no different than the regular market

just because people use hedge positions with futures doesnt mean the price reflects differently, they are buying too

futures map gives you proper TA because GAP up and downs screw up the formula

>>7472291

But the breakup is not a sure thing.

Yes, the company wants to do it (it's the only way to survive), but because of the way the debt and pension liabilities are set up, they may not be able to receive approval to split up.

>>7472340
Well I’m mostly arguing that fundamentals don’t apply nearly as much to the futures market, and TA is a tool to assist in the reading of fundamentals.

>>7472347
I’d hedge my bets with puts if it gets bad enough, but right now they aren’t in direct threat if BK. So I’m willing to accumulate a position on the (imo) likely chance they begin to spin off their various divisions.

>>7472277
>my analysis has gotten me 1k in 1 week
>it's going to make me hundreds of more dollars tomorrow

>hurr durr fud analysis

enjoy your many losses tomorrow as you keep telling yourself that every mistake is a learning experience just to cope

>>7472318
What the fuck did you buy.

>>7472210
you're an idiot, trading volatility is not the same as going short on the market. as i said before, go fuck yourself and stop embarassing yourself.

>>7472268
Remember this lol
https://youtube.com/watch?v=V9EbPxTm5_s

>>7472507
UVXY

Just 100 shares both times I did. Keep in mind that XIV crashed so hard that millionaire investors had margin calls happen, meaning less big buyers in the market and less buying.

Also, when a margin call happens, your broker liquidates your stocks to cover. There won't be a massive rebound for at least a week and regular joe buyers are more fearful than brave.

>>7472509
Sorry, can't here you down. I'm about to plant a flag on the moon while you play around with monopoly bucks.

BPTH
Going through a reverse split tomorrow. Huge dump incoming. May be able to make money off the panic or risk catching a falling knife

>>7472571
>3 thousand dollar Robinhood account
Okay kid.

>>7472571
**Can't hear you down there

haha fug :-DDD

>>7472428

But if you're just going to take your own advice, what's the point of asking other people's opinions?

I don't know how long GE has been on your radar, but they are in serious trouble.

They got rid of GE capital post-crash because they almost wreaked the company. But by getting ride of that, they also lost the cash-cow that was supporting the rest of the company.

So right now, they've got a shit-load of debt, and not a lot of options at this point.

They're losing money, are close to no longer being to support their dividend, and stand a good chance of being made a sacrificial lamb (in the breakup) by those who scream about the "fat cats" offloading all their bad debt into a poison spin-off.

So you might be able to make money in the short-term with it, but you really need to watch out for the day that it gaps down so much that you're trapped in the trade with no way out.

>Cramer is talking about UVXY

>>7472591
>why is my account red :(((
>damn, this guy's analysis got him a lot of money
>w-well he has less money overall than me, so he is still wrong, heh

*breathes in*
HAHAHAHAHAAHAHAHAAHAHA

ok we have an issue
futures are going down

>>7472533

Funny. I had that video cued up to use if anyone responded to my original comment.

Ya, I remember watching that live. He spent a month trying to parse himself out of being a total fuckup.

>>7472623
Time to buy

Pretty sure Big5Guy is Cramer

Now hes talking about TVIX/SVXY I hope the SEC doesn't kill our gambling memes.

>>7472587
Btw cc for this is on the 12th of this month
Suggest selling for a profit before that. Or maybe they're bullish about it so they did the rs before the cc.

>>7472660
yeah, because we had a lot of margin calls for big investors this week due to VIX crashing along with other volatility etfs.

There is literally less money going in to buy stocks.

>>7472677
i should get a show, you already talk about me enough

new thread pls
futures now rocketing up

How do i into Robinhood?

>>7472677
Is there any use for guys like him ? He just open his mouth after a stock moons drops but never before

>>7472758
step 1: download app
step 2: sign up

if you are still having problems start again with step 1

>>7472769
good for getting normans to buy ur bags

>>7472769
Yeah stay away from whatever stock he is shilling or do the opposite

>>7472608
Well largely I just wanted to spark conversation about an investment I thought would be interesting rather than memeing about UVXY.

But I do agree GE capital being gone is a large negative to the company as a whole.

However, like I said, I’m mostly making a play towards a breakup. I think there’s a lot of value in their renewable energy, healthcare, power, and aircraft sectors. Individually i think each of these would be in the Fortune 500 iirc.

The largest unknown here is internally what management wants to work towards and what a potential breakup would look like. But I’m on the side of the fence that says it would be likely they breakup, and individually those companies would hold significant value.

Since you guys asked. new thread
>>7472874
>>7472874
>>7472874
>>7472874

>>7472769

As I mentioned earlier, there are a lot of people who have made good money by always doing the exact opposite of whatever Cramer says.

The problem with Cramer (and the same problem Maria Bartiromo used to have), is that they trade access for positive.

So in the case of Bartiromo, she used to fly on the private jets of the companies she would talk about. In the case of Cramer, he trades on-air interviews with CEO's.

But Cramer also has the problem that he too often believes everything a CEO tells him,. So if a CEO says "everything's great", he say.... "so there it is, everything is great"

This has bit him in the ass SO many times. He's pumped a number of companies based on smiles from the CEO's, only to have the company go BK or the CEO arrested later.

>>7472800
I'm already verified