/biz/ - Business & Finance

>>8523522
>stocks are safe

>Trade wars are quick and easy to win.

Feeling comfy when things get volital

>>8523535
Only compared to cryptocurrency, yeah

>>8523869
WHY IS IT GOING UP???

I BOUGHT THE DIP IT'S SUPPOSED TO GO DOWN

>>8523522
If this freaks you out then you either shouldn't be investing or need to use less leverage.

This correction shouldn't have come as much of a surprise. The S&P was close to its all time high, the S&P's shiller p/e was in the 30s, and we have a meme in the Whitehouse.

>>8523522
Seriously? A fucking 2% loss ONLY? Kys cuck boomers

I Bought TQQQ at 10x Leverage On Close .

I wanna die.

>>8524731
You should. The world would be a better place without you in the gene pool.

>>8524770
Thanks, now I can die in peace.

>-2%
>crashing

BOOMERS ARE THE MOST RETARDED PEOPLE OF THE WHOLE WORLD

>>8523522
It all goes down to where it belongs.

All if it.

https://www.youtube.com/watch?v=lit_oAA-PXs

>>8523522
Thank god for AMRS otherwise my portfolio would've been red across the board.

>>8524801
every Trading institution uses at least 10x leverage against the Market. A 1% Movement could be Magnified to 10%

so in a 3%+ in one day could mean -30% in a boomers account. We are seeing close to 2% swings every day it's insane.

>>8523522
What are you buying in the fire sale, /biz/?

>>8524904
> fire sale

Would you go in into a Burning Store?

>>8524917
If they were selling cheap, sure.

>>8524866
>3%+ in one day could mean -30% in a boomers account
Boomers don't use leverage. Their retirement portfolios are 50% bonds because stocks are too volatile for them.

Also, a lot of the big boys make their money off of commissions. This correction doesn't hurt them whatsoever. It may even be good for them due to the highish volume that we've been having recently.

>>8524557
>>8524801
2% of the S&P500 is like triple the entire market cap of crypto.

b-but muh tax cuts and jobs act. m-muh $1000 bonuses. tax less spend more, less trade, what could be going wrong??

>>8523522
>You coinfags have a volatile market hahahahahaha just wait til it crashes AHAHAHAHAHA

>>8524801
S&P 500 Index Market cap: US$23.9 trillion

Today I realized I'm too much of a pussy to be an active trader and I just need to buy and hold after the volatility passes. I knew shit was going red today so I shorted all the major indicies with 3x leverage. Mid morning when things were looking up I expected a rebound so I pussied out and bought into index funds that would cancel out the losses I expected to take when the market came back. Ended up basically flat today but I could have been up 12%. I am not an intelligent investor.

>>8525181

QUICK, DEREGULATE INVESTMENT BANKING

WE NEED TO PUMP THIS TO ATH

>>8523522
>not shorting

So buy the dip Monday or pull out and start shorting?

Thoughts?

>>8526281
Graham would be ashamed of you

>>8526457
ive been out since the beginning of the year...stocks are overpriced. Interest rates going up - stocks, real estate coming down.

>>8523522
Thank your guberment

>>8523869
Not selling till $18

>>8523535

>>8523869
Damn it, I should've sold all my tech stocks and loaded up on TVIX and UVXY. Motherfucking MU killed me today.

>>8527361

lmao why are you still long in tech

>>8527397
The same reason why I still have 150 shares of AMD: I am a fucking idiot.

>>8524731
why? TQQQ is up half a percent after hours.

>>8527522

holy shit

kek

Are ya winning, dad?

>>8527699
kek