/biz/ - Business & Finance

I'm gonna go all in on UVXY

I'm never first

I hate the weekend

>>7710699
maybe one day anon

I sold all my shares of WMT last week at $98.50 like a dumbass. I've been in the stock market for about five years and I have consistently underperformed just about any index. I've maybe kept up with inflation.

>>7710709
me too i get bored. i just started a small handyman business out of boredom just so i can do shit on the weekends.

>>7710785
I bike around looking for stuff to sell on eBay on the weekends. It's good exercise and I feel productive doing it.

>>7710767
have you considered doing bollinger band swing trading?
Its like 5 trades per year on the SP500 using only bollinger band,, its how a lot of people make a living

>>7710805
have you ever been to an antique auction or a silent auction? i have some auctions by me they're pretty cool and can find some dope shit for cheap.

Crypto > Stocks

You stock cucks will never make it. Pic related.

>>7710913
Nah, I live in San Francisco so people are always moving in and out of the city. People just dump nice things out on the curb all the time.

STZ my dudes.

>>7710832
>have you considered doing bollinger band swing trading?
i just have a list of 10 tickers and charts that i give my 4 year old nephew and ask him what 2 he likes the most and then i flip a coin from there

>>7710953
oh then yeah id bike around too. Auctions are fun though with all the bidding and commotion, people get crazy over it, especially the old ladys

>>7710974
Sure beats my strategy of just asking some one in this thread to give me a meme to throw money at.

>>7710805
Do you find stuff on the ground or buy things? Sounds awesome man. Most people's hobbies are partying, if you can enjoy exercising and making some extra money you're on a good path

>>7710767
i sold google at 600 after holding for a year with no gains.
The next day it pumped to 700

>>7710915
It still baffles me how the stock-cucks have been watching us make over 10x our initial investment and they continue to be complacent with 8% gains/year. I don't get how they live with themselves

>>7711068
My strategy is to check out craigslist's free section and try to get there within 40 minutes of any new postings. I kinda have a route as well when there's nothing good. "Boxes of stuff" are usually the best finds.

Is BTC in presqueeze phase again?
The LARP is getting thick.

>>7711138
the current configuration is super bearish for BTC for any sort of long term low you need a real retest and hold of 6k

>>7711125
shit sounds fun, how do you get the stuff back to your pad?

>>7711118
i have more crypto than you and got in earlier.
shoo shoo daily brainlet

Thanks to the Nikkei mooning I was finally able to afford a new figurine

>>7710915
>>7711118
Because neither of you have made shit. You both lost your ass playing with meme coins and come here to make yourselves feel better.

>>7711227
Bike with a milkcrate. I try to aim for computer parts. Easy $20 to $60 per item. Never bother with books. CDs are good when they actually sell but they're slow movers. I found a ton of jewelry, but I seem to be just hoarding it. Never sells despite everyone extolling the value of gold and silver.

I was thinking about adding 3M to my portfolio but it's $237.66 which is a little overly pricey for me so I was thinking about ETFs, are there any good ETF's that pay dividends that maybe have 3M or something else that is super consistent for dividends?

>>7711022
I just buy whatever name sounds the most mysterious and fancy.
Considering pulling the trigger on AKAM and LGF.

>>7711338
Look at the dividend champions list

>>7711310
you should really check out auctions if you are into selling things online.

where do you usually sell things? ebay? craigslist?

>>7711338
Check out KTOS

>>7710785
A FUCKING HOLIDAY WEEKEND AGAIN
They just keep hitting us with this shit

$10 spot price on Natural Gas come Tuesday. Screen cap this.

>>7711455
So what're we gonna do Monday for /smg/? Should we larp something to get the coiners freaked?

>>7711379
eBay, Etsy, Gunbroker, Amazon. Depends on item and the profit I can make. I sell everything and anything. =)

Honestly I'd be in crypto too if I could actually access my BTC wallet. That's the one reason I'm not into it.

>>7711490
they're definitely dumb enough to fall for it.

>>7711490
well I dont know about you but I trade CFDs and futures sunday, rest of the world is still trading

>>7711498
what do you have most luck with? have you tried offerup?

i sometimes sell shit on craigslist but so many scammers out there

Anyone here that has experience with holding leveraged ETFs long term?
How bad is the friction.

>>7711338
Stocks being pricey/number of shares don't really matter. All that matters is how much money you put in it.

>>7711574
USA #1 broski

ok boys whatre your weekend Holds
>Natgas
>Silver futures
>ATX

Is holding SPXS (SPY bear ETF) for the weekend a good idea ?

Something tells me that this is a crowded trade and with the luck I have SP500 will soar on tuesday...

>>7711338
Stocks being pricey/number of shares don't really matter. All that matters is how much money you put in it.

Like that one $237 share of 3M going up 5% is the same as 20 shares of AMD worth $237 going up 5%

>>7711626
are you admin of the SMG threads or something? can I recommend you add 1broker to the list? It gives pure coiners and opportunity to trade the markets
(also Im slightly worried they will become illiquid because they never promote themself)

Dollar is going places.

>>7711578
They're all about even. They don't pay the rent but they cover my bills and food. Amazon has high fees, but someone always seems to buy something. Ebay is good but people are cheap there. Etsy is good, but I'm selling pinback buttons so it's like penny costs to me, selling for a dollar each. Gunbroker is just where I go to trade parts. I actually profit a bit off extra Glock and AK parts when I have them.

I avoid selling on craigslists. I've done it a few times selling things like cellphones to soccer mom types at a Starbucks, but I never feel 100% comfy doing it. Never know what to expect.

>>7711697
To hell. Mostly.

>>7711578
Oh yah, I'm the guy that trades stocks for rent money in the last thread. I probably should get myself a tripcode someday.

>>7711694
>are you admin of the SMG threads or something

lol no. anyone can make the thread here. (even you). Make the thread Monday morning and add it to the list

>>7711702
i've had my ups and downs with craigslist. I rent out my apartments on there and they usually work out. I've been trying to sell some antique furniture there and just get scam after scam

I'm longing PLUG & KTOS

Got out of TVIX when I had the chance to profit, too much stress.

>>7711834
So no bearish bet for you for this weekend ?

>>7711118
I know. It's hilarious watching them fight over 1-2% gains, while we catch 50-100% gains like it's nothing. hehe.
>>7711290
if you did you wouldn't be screwing around with stocks. nice LARP.

>>7711907
Only one larping here is you, post proof otherwise.

>>7711290
t. Stinky no-coiner

>>7711933
exactly you have no proof, go help your mom with dinner.

>>7711251
t. stinky no-coiner LARPer

>>7711907
i have stocks, crypto, real estate and other investments you wouldn't really understand.

You are only fooling yourself if you think the people itt aren't also in other threads shit posting about the shitcoins they're holding.

coming in here talking about crypto makes you sound desperate to get people to go to crypto market because everyone knows money has been pouring out of crypto lately

>>7710974
This is the best strategy I've ever heard
Amazing

>>7710915
>>7711490
We don't need to larp an /SMG/, the whole board is going to be a salt mine of wojacks when the entire market capitalization of the crypto market is down 25% on Monday,

>>7711996
When the dollar collapses, crypto hits a total market cap of 1 trillion EOY, and 5 trillion by 2020, you'll come crawling to me for a handout of a few satoshis (1 satoshi = $1 2020)

Bears lose 2 weeks in a row

Nikkei futures at 21900

>>7711996
/SMG/ is mentally the healthiest thread to be in all of /biz/ imo. Need that mostly positive human contact when I'm pushing numbers on my computer.

>>7712169
That's because the people who come here are at least 18.

>>7711887
I suppose not, though I still think the market will fall next week. KTOS has weathered the market volatility quite well, and was awarded an $81M contract from the defense department, as shown in the release today. Micro-Systems incorporated, aka KTOS, who owns them. Average analyst target is 15+. I recommend you buy KTOS before market close.

PLUG is just a wild card bet, I think it is undervalued.

>>7711996
i unironically agree with you if you have some crypto do yourself a favor and lighten up a bit here

>>7712103
If crypto ever makes up 13.5% of the entire global demand for currency I will eat my dick.

Dropped 20k into BOIL.

Should have 2k to scoop up next week.

>>7712198
BIASED

>>7712169
thats because the financial assets that are being traded here are actually attached to something real.

Every crypto thread is like on repeat, "muh technology" "lambo land" nothing of value is ever really said in crypto threads just a bunch of pumpers that are causing a wave of blind pumpers

>>7712276
Except LINK, of course.

>>7712252
I get the feeling that the natural gas meme is gonna blow up in peoples faces next week.

if Natgas gaps down on sunday its time to pull the trigger

>>7712319
the range is a ticking time bomb
As long as this isnt the LAST time it hits this floor, w-we're gonna make it

>>7712198
The greedy part of me is saying go long SPXS because a correction usually comes with several bottom testings. By that logic, there is a huge chance a sell-off would be happening again.
But I want to buy SPXS on a whim which is almost gambling. I think I will pass.

Thanks for your tips but I don't buy stocks without DDing them first. But I will look into KTOS for sure.

>>7712362
I dont think it will test that bottom again
fundamentals from previous bullrun havent changed, the correction had a clear cause and now its passed

Well this has been an uneventful day for me. I stayed even for the day but I'm up for the week. Headin out now, see ya guys!

>>7712362
Understand that. I think you will like them, I have done DD on them, that is why I like them, and why I have been shilling them for most of the week.

>>7712386
Hope you are right

But nevertheless, I was considering buying SPXS for the wrong reasons (gambling). So I will pass.

lmao nice end of day sell off

Not going to get rich off of it but buying Ford when it is this low is easy money.

have a nice weekend yall

don't do anything i wouldnt do

Weed had a brief bull/bear battle in last 15 minutes. Bulls won. Tuesday should be green after this week's ~7% sector dip.

Bulls are gonna die on Tuesday

>>7712499
So... that means do anything right?

Have a good weekend everyone!

>>7712487
I have some shares from 11
I was gonna average down at 9

I'm too brainlet to do futures

Is the BOIL ETF a good way to play natural gas?

>>7712416
I remember checking KTOS's financials on Morningstar.

I passed because they haven't been profitable for quite a long time and have a lot of debts.

I will look into it more closely again.

So what bullshit holiday are you fags gonna have on Monday?

>>7712499
Have a nice weekend.

Don't go shoot up a mall or something just to prop up BGFV

>>7712625
Amin Dada Memorial Day

>>7712667
is that right

>>7712563
Id say yes but should HURRY
Just got the buy signal, it may pump until closing time in one hour

Should I invest in weed now

>>7712868
You should get a job.

>>7712625
Family Day. The most half assed naming of a holiday ever. You'd think they'd name it after some historical something or other but nope.

Robinhood available for UK yet?

>>7712868
No drugs are bad and you should feel bad

>>7711626
>>7711688
That the thing I don't have much to invest, only like $200/month and I'd like to buy dividend stocks withing a ROTH IRA so that it can build up within the account over the course of the next 30+ years. I want to up my pay but I doubt that'll be happening soon so I have to work with what I have.

>>7712712
bought $1000 worth as a gamble

You better not have memed me anon or else your waifu will get it

>>7712909
>>7712936
No I meant marijuana ETF. I've never even seen weed irl

>>7712985
you should get out more

>>7712971
Dont worry, Im right 90% of the time

>>7712930
But every man in America is getting divorced and cucked by black bulls

>>7712985
Maybe. Weed is in bear territory now and how long it'll stay in this mode is a complete guess. It could moon and crash this month, or it could stay flat on a slight downward trend until June. The huge pump it had in december kinda came out if nowhere. I expected a flat or downward trending December and then slow run up to the big fireworks show in spring. Instead it basically did a sector wide pump and dump, and is now hovering riggt around the moving average.

>>7712386
Lmao rising bond yields are a big fucking deal.

>>7713133
dude weed is like buying big tobacco before it became big tobacco lmao

>>7712521
This

>>7713410
we don't have to worry about that till like march 16th. I'm scrying over my Friday afternoon vodka and soda and its showing me 4 more weeks of green candles and a sell off on the 16th.

>tfw you just realized the markets are closed monday

stocks was one of the few things that still entertained me. wtf am i gonna do now. games and anime do nothing for me anymore

>>7713410
PRICED. IN

The correction caused because the bond yield spike went over the monthly resistance, now it will be a slow rise

What is this (((smart money))) the mainstream media outlets keep talking about?

>>7713436
That's the hope, yep. Too early to really dig in on a 10 year long position though. I'm only in until summer and then will see how things look.

>>7712868
Invested 10K in Horizon Canadian weed ETF and made 20% in a week, today the Canadians announced they were pushing back legalization and it crashed down to 10%. Holding long term, shit can moon so fucking hard.

Natural Gas moon mission is taking off!!!!

>>7713624
Methalox rockets aren't scheduled to fly until at least 2020. Probably more like 2022.

9 minutes left for futures
looks like my Natgas and silver will be stalling

Jesus take the wheel on Tuesday

>>7714114
You're a crazy son of a bitch, please share the results next week..

>>7714310
If you really cared, how fucking hard is it to watch the progress of a single stock?

>>7714114
w-w-why

>>7714310
Sorry I'm on my 4th vokda and soda.

So
What do you guys think of Arista ($ANET)

>>7714114
Looking forward to see what happens next week

Balls of steel man

>>7714413
I don't know why I didn't think of just following the stock, just want to see the angry wojack post from him.
>>7714413
I've lost so much money today, nothing anyone could say to me could make this day worse. I'm gonna be drinking as soon as I leave work today as well.

>>7714489
Never say things cant get worse

I’m bailing if it goes below 1.43 Tuesday. Just waiting for random catalysts, twice last year I got in and had patent announcements the next day. I think LTBR made me 30% of 2017’s profits desu

WHAT should I do with my XXII on Monday
bought at 2.58

>>7714572
why would you do this to yourself over the weekend

>>7714656

Unless something particularly bad happens, I don’t see how I can lose more than 2 or 3 percent just due to entropy

>>7714572
that is one hell of a bet, good luck man.

inb4 Turkey Point melts down on Saturday evening