/biz/ - Business & Finance

Here comes the afternoon flash crash!

All in on vodka

Makes me happy to see /smg/ be more lively lately

>>8608545
Only lively cause it's crashing.

I wonder how many loss bros are here with me, who are about to lose their life savings.

>>8608545
>FB
You're not welcome here.

>>8608514
yeah i just got a notification from my brokerage that theres no pre market or after hours tomorrow. that means anyone cashing out for the weekend has to do it during the regular day.

gotta HODL all my puts into tomorrow and pray for rain.

>>8608562
Im in the green

>>8608581

man fuck all these antiquated holidays just keep the damn markets open :/

This is it! The moment youve all been waiting for!

>>8608586
Still, however your green is becoming smaller.

I bought high right before the stock market has started to turn into a bear market.

>>8608562
losing more every minute that goes by. took all my crypto money now all my stock money is disappearing too. lifetime wagecuck now.

>>8608514
God I hope so

WARNING THE BOGS ARE ACTIVATED

I got some nice demographics from people visiting the site.
Some of you are up very late, you need to go to bed!!!

>>8608646
we just broke below a year+ long pitchfork bottom.....if we close under like 6465~ bear market here we go, short everything

>>8608562
you gotta hedge man. shits going crazy and aint gonna slow down. do covered calls and shit to free up some cash and hedge yourself. then you can bounce the "profits" off of the hedge when we get to the bottom, and avg down on all your positions. then we bounce back and youre fucking warren buffett

>>8608595
im glad the markets arent open for holidays and weekends. the way crypto does it is impossible to manage risk, and it provides excellent seasonal/weekly short opportunities. but having it run all the damn time? id never be able to hold longterm like that, its insanity

>>8608614
>bear market

>>8608573

POWER HOUR IS RED

I REPEAT


RED


AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>8608487
w-why didn't you link the previous thread

HELL IS HERE

OH FUCK tech gettin kekked this is it boys!!!! dotcom 2.0

Reminder to everybody. The market will be closed on Friday so we can celebrate Passover.

>>8608739
oh, sorry

>>8608595
At least we don't close for lunch hour like Japan.

I'm really happy with my penny stock FFT's performance under all this sell pressure. It refuses to break support and has been hovering right on it all day.

WHICH ONE OF YOU ACTUALLY SENT ME MONEY????

WTF WE'RE OFFICIAL NOW

I WILL MAKE YOU PROUD ANON

>>8608750
I love hiding my passover eggs

>>8608750
rly? u srs r/n?

WHAT THE FUCK EVERYTHING WENT RED BESIDES KO

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>8608750
*good friday

>>8608747
its crazy it took this long desu

>>8608765
WATCH OUT WARREN BUFFET

WE GOT A NEW FUND IN TOWN

Some valiant green candles approach, only to be bogged

>>8608747
B-but my Cannabis stocks aren't tech related stuff...and it's used more widely in medicine now.

God damn it Buffet, say you are going to pass on GE so I can scoop up some cheap shares.

>>8608837
Cannabis stocks down 10% is normal. I feel nothing.

Warned everyone everyday last week that a huge drop is coming in AMRS. this is the start of it. Ye be warned

>>8608765
OFFICIAL
put it all on South Africa puts

/Colaboys/
Pep, Ko, Dps, riding on buffets shoulders

>>8608850
Based on what?

>>8608855
life is easy buying whatever buffet buys
gonna be harder when he's ... no I cant say it

>>8608849
As long as they rise again.
But I literally bought them at their peak. Now I am already down 40% in total.

Buy the dip you said.

Whens the dip anons?

>tfw have been shorting the S&P for awhile now
>tfw this is another account with the first have a profit of $740, also from shorting

https://www.youtube.com/watch?v=Q5-xnJCFgzY

>>8608646
>>8608765
I sent that. I had it sitting around from a while ago so I figured better spent here than in ETH atm

>>8608877
he will transfer his being into a computer or some shit. Would it be wrong to say he would hibernate?

>>8608902
I'LL MAKE YOU PROUD ANON! i'LL SEND YOU YOUR 1488% GAINS IN SIX MONTHS, I PROMISE!

Thanks for all the answers anons!

>>8608247
KO? Did you miss the part about dividends or the part about growth?

>>8608270
Thanks broski haha. I work bullshit here and there in between. Been out of work about 6wks now.

>>8608275
Actually considering this

>>8608287
Already own NRZ, will check the other two. Thanks

>>8608905
Buffet in the shell, Hackin your boomer 401ks

meme it

Why isn't it going up :(

comfy sip

>>8608837

If US is going in to a true bear market it isn't exactly bad news for cannabis sector. The main problem is this volatility over the uncertainty of what's to come. I believe weed sector will perform as expected so long as US markets stabilize a bit. Vice in a recession is nearly as safe as gold.

Damn it, the sad thing is that I have no more money to buy in low now to balance my losses.

All I can do is sit and watch the numbers tumbling down.

>>8608936
Wow, I have considered buying that one.

But I decided for the worst ones instead, Aurora Cann. , Aphria, WeedMD and Cann. Wheaton

All down the shitters now

>>8608936
Patience. Also note that Canopy has been losing less than its competitors through all this dumping.

Google now red today. You can do it too FB: believe in your cold dead heart.

>>8608919

You can't outperform real inflation with current market conditions. Your money will devalue by anywhere between 5 to 10% per year. The global economy will crash because QE is no longer alleviating the problem. The western world is trying to put a band aid over a gash the size of the grand canyon. QE and current government finances are pissing into the wind. There will be no reserves for state funded pensions, healthcare, or even road maitinence when shit hits the fan. It will happen sooner than you think. Crypto will be adopted by those that survive the wars.

>>8608855
whast the rationale behind pop companies mooning during a crash? people are buying pop no matter what, same as big retail outlets/grocery stores/alcohol companies? makes sense to me just making sure my reads are correct

>>8608850
See the problem is that when you don't share any of your reasoning, it just sounds like you're shitposting out of your ass. Which it still does right now frankly.

>>8609062
KO is not based in speculation and is a worldwide brand. Safety in gold and sugar

Thanks to the anon who suggested IEP in the previous thread when I asked about divs. This looks decently solid so far.

>>8609062
More more less. That and, while I don't know the others, KO is much more than just soda. They basically have control over significant amounts of the world's water and drinking water market. Not much safer of a bet than water.

>>8609061

>>8609021
theyre gonna be running hit pieces on em on the news pretty soon. talking about it on CNBC. details on how exactly they stole privacy, who they sold it to, what they stole. hopefully an eye opener for normies, but honestly i still dont expect it to sink in for a while

>>8609061
dank man

i want off Mr. Trump's wild ride

Explain the following:
If a stock is trading @30$ and I sell a put with a strike @35$ for a total premium of 475$
What happens if the guy that bought the put decides to exercise it right away and I have only the 475$ from the premium in my account?(was expecting the contract to expire worthless)

25$ is nothing, I know, just imagine bigger numbers

>>8608936
How comes this stock is rated so high and hasn't been losing so much?

What is this company doing better than all the other companies, other than having the highest market capitalisation?

It's not like they are technologically ahead of its competitors.

>>8609062
pep has like 20 billion dollar products like cheetoes, sunchips, lays, fritos ect

>>8609061

Has GE bottomed out yet

>>8609155
Just buy back your contract before it expires. People will not exercise options out of the money, its pretty rare to exercise them at all.

>>8609155
u buy 100 of the stock at 35 each

refund plz mr tromp

They bought the pump, dummp eeet

>>8609155
first off, why the fuck would they exercise the option if they could just buy the underling security for cheaper? Secondly you can only sell a put if you have the margin to cover it.

are we going below 2600 again

>>8609155
why would you sell a put above market price?

sell a call instead

Bought 8 $4 puts on BKS for 4/20. Got 3 $3 puts for BKS for the same date, how fucked am I?

>>8608765
Fugg someone beat me to it
I’m waiting for the transaction to clear

man my memelines have been killing it lately. calling all the bounces

SPY up .20% then down right away over and over

>>8609271
we're due for another wreck soon then it just hit your top

>Celgene up nearly 4%

You better fucking be after this cataclysmic failure of a 1st quarter.

>>8609324
All praise the CAR-T meme

>>8608999
Fair enough. I did notice that. And the other pumps in the past seemed to take weeks to ramp up as well.

>>8608998
>>8609189
I dunno man, I just did a tiny bit of research a couple weeks ago and the consensus I came across was that Canopy was the biggest because they were the best- better managed and whatnot. I honestly think there is a little bit of meme magic at play as well with their stock name.

>>8609319
yeah and now its stuck on the 23.6% memeline and my top trendline. fucking crazy

>>8609209
>>8609236
>>8609251

Wait, me selling a put means that the buyer has the right to SELL me 100 of that stock right?

That means that his position is already ITM since he payed 475$ for the option and can buy @30 and sell @35 for a profit of 25$

>>8609271
So do I long or short TQQQ.

I HAVE AWAKENED

fuck it, 4/20 $5 BKS put in effect, you were right about big 5, i'll take the chance you are right about this as well.

>>8609324
kek
thanks anon you made my day

>>8609359
Yes. The buyer of the put has the right to sell at the strike price. The seller of the put (writer) has the obligation to buy at the strike price, if the buyer decides to exercise the contract.

>>8608765
>>8609269
Alright nigger I just sent you some dosh make me proud

>>8609382
there might be a small run up to ex divi date on BKS, im looking a little further than 4/20 but a $5 might be alright at right price

>>8609436
It was $40 for the contract so even if its a dud, it's not that big of a deal.

so will 9:20am be the last high for the SPY for the next 3 years? STAY TUNED ADVENTURERS

>>8609371
i cant find shit.
its just flapping around

>>8609397

Then, why are these niggers
>>8609236
>>8609209
>>8609200
saying that the buyer's option is OTM?

>>8609251
I was thinking about a bull put spread

>>8609433
THANK YOU ANON! i'LL MAKE YOU PROUD!!
YOU'LL GET YOUR MONEY BACK IN 6 MONTHS

>>8609433
Holy fucking shit this guy just send me .5 ether???

Are you out of your mind?!?!??

>>8609571
>>8609551
Yes

>>8609571
Get FB puts

>>8608936
>BARTED

>>8609571
you're a real hedge fund now.
with great power comes great responsibility. walk the path of god, my child

I feel like im part of history. I can officially say "I was here before comfy was a hedgefund manager" when he is a billionaire

All this sell volume at close, we arent looking good tomorrow.

>>8609578
>>8609584
>>8609597
I want to throw up out of joy and fear.
Why would you trust an Anon with that money from a mongolian image board? AMAZING

>>8609534
the premium should be higher than the difference between the strike and market rate.

Dow managed to close red at the buzzer

would you guys close profitable shorts before markets close in an hour or let it ride through tomorrow?

im currently shorting SNAP, NFLX, NVDA, TWTR

you faggots better not miss me cause I won't miss you either

>>8609630
>emotions
Quit that shit you're a professional now

>>8609651
wait there isnt another hour? outrageous

>>8609630
Why the fuck not
I was probably gonna waste the cash on a hooker anyways, might as well put it to better use

>>8609659
What the fuck happened today? You seem all depressed man. I didn't wake up til 2pm so I'm assuming I missed something?

>>8609680
We after hours now lad

>>8609382
>>8609436
>>8609464

So y’all think BKS is going up? I thought they were in serious trouble desu. Should I sell my puts?

We literally traded flat, that close

>>8609659
well actually, I wouldnt mind a livestream

>>8609695
I ended today where I was yesterday. At least it wasn’t lower.

>>8609690
I just bought a put, I literally wrote that word for word in the post you linked to lol.

>>8609657
>>8609680
lol

>>8609711
Oh shit, because it’s lower than $5 right now. I got a $4 and $3 put haha.

>>8609630
I had some money stuck on coinbase, I sent another 70 to try and round it off

>>8609690
we're talking about the puts...

>>8609684
>>8609731
M-more money is coming in, we're all going to make it lads

>>8609721
>$3 put
How much time is on that option?

Poor TSLA, I like the company but its built on shaky financing.

>>8609773
dank you look like you need an advisor
Buy Kraft Heinz , buy Nestle adr

>>8609643
I get it, but that example is not impossible right?
Writing a put for cheap to try and sell it quickly when im bullish is theoretically a smart move

>>8609829
It's all going to puts on EZA and calls on BGFV
We gunna make the clients rich

>>8609773
>>8609829

Buy AMRS please sir, very good buy sir.

>>8609189

It's a few things:

>yes their management is good, as is their share structure
>their growth capacity is considerably more than any other LP due to smart acquisitions early (ACB and APH have the potential to keep in this area but their facilities are not as far along in development yet)
>first LP to receive financing from a major bank
>first LP to have pulled investing interesting from a major beer company; Constellation Brands (owners of Corona).
>first mover advantage as "the biggest Canadian weed LP" both by assets and market cap

It's mainly a very good track record of smart decisions that has landed them in the position they currently hold.

>>8609773
How/when would you send profits out? I might give you some Eth too.

After hours shots, who with me?

>>8609905

oh ffs spelling errors:

>compete
>investing interest

>>8609926
6 months from now I'm sending the profit/losses to the address that I got it from. If you send it, DON'T LOSE CONTROL OF THAT ADRESS because no matter what that's the one i'm sending it to

>>8609936

>>8609967
I'm gonna take that as a yes. Cheers broski!

>>8609963
Are you still making a crypto token to represent ownership in the fund like the website says?

>>8609936
Based drunk-anon.

what are the market hours tomorrow?

>>8609936
my kidneys hurt

>>8609991
I'm working on it right now, I'll probably just use a waves token.
But I have to find some obscure shitty exchange that can list waves tokens first.

>>8608487
I does anyone have good book/vid recommends to get me started in stock trading? I know how this shit works, just talking about in terms of evaluating stocks for short and long term.

>>8610020
Are they not same as every other day?

We partying now! I got a fucking job today guys, that alone is reason to celebrate

>>8609979

A maiden and an Engineer were sitting in the park
The Engineer was working on some research after dark
His scientific method was a marvel to observe
While his right hand held the figures, his left hand traced the curves

>>8610028
could just do an erc20 and use etherdelta

>>8610060

Congratulations anon!

>Down fifty thousand US dollarydoos from ATH.
I am fifty shades of pink right now.

>>8610072
That's actually a better idea! Thanks anon

>>8610091
down 20k here boi

When you think an underlying sercurity is going to fall, is it better to sell a call or buy a put? do you guys have experience with both of these? whats had better success for you.

>>8610056

closed friday thought maybe closed early thursday

>>8610060
Nice! Congrats.

>>8609801
April 20

>>8610031
The Intelligent Investor is a must-read for value investing. There's plenty of book lists out there for this sort of thing, so you should be able to figure out others

>>8610060
nice job bud

>>8610060
fuck it we drink now
OW MY KIDNEYS

>>8610116
Damn, you think BKS is going to drop 40% in less than a month?

>not buying weed stocks on this dip

>>8610091

SCREAM IF YOU WANNA GO FASTER

Lost $200 today.
Again.

I'm getting real tired of your shit, Trump.

>>8610084
>>8610115
>>8610160

Thanks guys, it actually does mean a good deal to me :-)

>>8610164
Shouldn't it be your liver?

What will tomorrow bring, remember its the day before a holiday weekend.

>>8610191

News story on BNN today has RBC saying they're considering entering in to the sector. If so, they'll be the second major bank after BMO to do so.

>>8610213
>losing 200$

Wow, try losing almost 5000.

>>8610213
What did you lose it on?

>>8610265
I think tomorrow is going to be a bloodbath.

>>8610274
I'm green. WTF yall talking about? haha

>>8610254
I dont remember where the organs are located desu

>>8610272

article

https://www.bnn.ca/rbc-may-slowly-open-door-to-funding-pot-industry-exec-says-1.1040890

>>8610109
Buying a naked option significantly increases the leverage you have.
Selling is the safer option and is "on average" profitable (You make money if the security goes sideways too, as well as payment for time premium), but you need a lot of equity to cover the option
Buying puts = YOLO option
Selling calls = Safe grandpa option

>>8610265
It goes up, I asked my pendulum

>>8608562
Who's the official biggest loser on /smg/?

>>8610211
AAAAAAAAAAAAAAAAAAAAAAAAAA

>>8610303
why the fuck do you have all that in robinhood get a real broker for Christ sake

>>8609198
Is it at 9$ yet?

>>8610382
Why bother?

>>8610382
>>8610303

Ya, eventually the interest that robinhood charges on your account is worth less than the interest you'd make man. Get some real shit

>>8610410
robinhood is shit

>>8610445
ok why?

>>8610459

no charting, bad customer support, the app will sometimes even freeze and not work

>>8610187
I only got a couple of those but I’m selling them now that you said that. The $4 puts are probably a better option desu. That one already went up like $30 for me.

>>8610497
you pay $7 a trade for charting?
why not just have $1 in your charting account and trade for free on rh?

>>8610497
>bad charting
Biggest issue. That’s why it’s best to set limits and double-check.

>>8610555
forgot to mention robinhoods executions are terrible

oh an no L2 data

>>8610546
Both are extremely cheap contracts so it's not a huge deal, but they are extremely cheap for a reason.

>tfw

>10% down for the week so far

Thanks tech sector.

>>8610635
unless you're trading like $200k+ it's still better on rh.
$7 on a $1k trade is 0.7%

in my experience i don't get slippage ~70% of the time, and when i do it's usually less than 0.5%.

How do I buy self-worth?

>>8610733
cocaine

anyone have recommendations for a good news feed service or market data feed service?

>>8610303
>minus 14%

I am minus 40%+

can someone please tell me everything will be ok soon?

please ;_;

>>8610847
If you're shorting the market, everything will be fine yes.

>>8610847
you look over there and then I'll tell ya

>>8610872
i have shorts open on NFLX, NVDA, SNAP, TWTR from this morning

will i continue to make it tomorrow

>>8610972
I have SNAP as well, pretty obvious social media stocks are in the shitter right now.

Will there be a rebound after the holiday?

>>8610790
no good feed services?

>All this money leaving Tech

>>8610847
youll be ok if you bought the dip today

>I am now below cost basis on SPY
what have i done ?!?!?

>>8610847

Sure sweetie.

>>8611110
we don't do any of that faggot DD stuff here

buy this tomorrow, they own Oreos cookies, thats another good one

>>8610872
>tfw no money to buy short

Mostly a crypto TA/Quant trader here, looking to get into some more fundamental analysis stuff.

What do I read? I know Benjamin Graham's books are considered the bible of FA but what else?

What do you guys think about shorting a Russia ETF? Is Donald gunna be mean to Vlad soon?

>>8611181
what is faggot DD stuff?

>>8611283

due diligence. otherwise known as actually doing some half assed cursory research on the companies you choose to invest in. It is entirely antithetical to the /biz/ way.

>>8611232
Yeah it can get a little pricey, generally not worth it it you don't have a least some capital for cushion.

still worth investing in weed?

>>8611460

Yes I believe so. 70 days until final senate vote on Canadian legalization bill (June 7).

>>8611262
i like jack schwager

>>8611395
oh. huh.

whichever one of you fuckers told me to buy this VTGN shit, fuck you, I'm down 26% overall

>>8611724
The price doesn't matter until after we find out if they pass their FDA trial.

>>8611724
thanks for buying my bags though

>>8611159
I've been in VOO since January and I'm down $400 overall. Fuck my life

>>8610382
As someone who is relatively new and working with just $1,000. When should I switch to a real broker?

>>8612213
$10-$15k if you don't trade often

>>8612070
Check it again in 10 years and you'll see massive gains, unless a worldwide catastrophe hits.

>>8612251
I'm gonna dump all $10k into TSLA puts and YOLO it

>>8612279
goodbye anon

Who still b-bullish h-here? NASDAQ still hasnt tested February lows, this tech stuff is the future guys, all cars will be TSLA self driving machines loaded with INTC and MU and NVDA chips, social media isnt real tech anyway.

>>8612213

When you have around 5k

>>8612403
My MU calls are down 40% today wtf I'm a bear now

>>8612403
We are paying 2020 prices for 2018 tech tho.

>>8612403
I'm unironically still bullish on tech. The reason nasdaq shat the bed the last couple of weeks is because a handful of meme tech stocks that got really bubbled up (FANG, nvda, MU to name a few). The correction is expected, but it had the unfortunate side effect of dragging down a lot of solid tech plays with them as well in this mess.

Long term, tech is still king. No other industry in the US is competitive to places like China, which can just flood you with cheaper goods (no meme tariffs aren't going to do anything, people will always flock to cheap shit and one way or another they will find a way around it). However what they don't have the the technological know-how on a lot of advanced tech that US companies have.

Do some research, pick out small-med cap companies with solid technology behind them, and invest. If you do well they will get big or get bought out by big players, either way you win.

Anybody else on Mr.FNGU's wild ride?

>>8610303
-9.75% I got buttfucked by the tech sector

45 minutes until nikkei open

>>8612629
i told someone awhile back that it's going to fall and they just called me names... was it you? where you the one that was calling me names?

>>8612790
wow they must've cut you deep

>>8612560

Agreed. I think this is an excellent buying opportunity to enter positions on some of the better tech stocks. Best to do it in chunks though, 30% per or something like that just in case market isn't done tanking.

>>8612560
This is generally true, once we sort out all of the valuable companies (chips) vs the fluff that can die (social media) we will reach the golden age, but i think we'll see a bubble pop in between.

I like Lam industries since they are one of only a few companies that makes the parts for chip manufacturing.

>>8612802
so deep, so deep i had to ignore their post. It was a tough day

Some of you guys are alright. Don’t buy NVCN tomorrow.

>>8612851
Listen here little baby. You're gonna get a lot of hurtful and degrading comments, but that ain't what I'm about. Let me just say, you are perfect the way you are. You hear me sugar? PERFECT. Don't ever change. You deserve anything and everything you want. Stay safe for me, baby girl.
>mfw thinking of you hurting

>>8610282
Same here, best day in a while.

>>8612808
>>8612817
Absolutely, chip stock (and related) is still a good play long term, but both INTC and NDVA is overpriced right now, and AMD is AMD. I personally am longing TSM with a small position on INTC which i got before they bubbled hard.

Social media is dead, drop FB and TWTR if you haven't already. If anyone finds the next internet mega-trend then this is your chance.

Internet retail is going to be HUGE. But don't count on AMZN because it too is bubbled as fuck. I would long BABA if you want to buy in as the Chinese market is taking off and will be huge in the next few years. Just compare PE ratios between BABA and AMZN.

Finally, the likes of information services like GOOG and MSFT. This one is the hardest for me to read, but I think they may be peaking now, but I am not expecting a significant decline anytime soon. Big data is here to stay, just watch out for over-valuation.

>>8612891
I’m so glad I got out of NVCN. Literally only goes down. I might pick it up at it’s lowest point because it’s not like they’re going out of business.

godamn look at those peaks and valleys on the ASX open

>>8612910
mfw i try to not let it get to me

Any one here on UAVS?

the nikkei boosts up at open

SPY Futures don't look good.

>>8608764
dude the lunch hour meme is so fucking based its unreal

finance guys in Tokyo were like fuck it, let's rub in the wagecucks faces that our work is so fucking easy we get lunch hour off and only showup 9:30-4 @ the office

wagies eternally btfo

>>8613502
wall street hours should be the standard work week
socialist revolution when

>>8610265
The exact opposite of whatever you're expecting

>>8608595
literally the best thing about crypto. can trade constantly. I wish stocks traded constantly as well.

>>8612944
My bet is on Microsoft, azure and their analytic tools are starting to look real good for business BI

IM SO FUCKING CONFUSED DO WE BUY OR SELL???

>>8613826
Its the last trading day before a holiday during volitile times, it will go down tomorrow,

>>8613826
Just Capitulate

>>8613826
Rev up that SQQQ

tfw lost all my gains in a matter of 3 days

Tired of chasing penny stocks that dont pay off

now im stuck with them until i recuperate the money i invested.

>>8613865
>It will go down tomorrow
Guess I'll just hold on to my SPY calls then

>>8613865

I'm thinking more of a relatively flat day. Short positions will want to cover before the long weekend which will offset the sell pressure. A greater than 1% loss on any of the major indices would surprise me tomorrow. If was shorting tech stocks I would definitely be looking to cover at this point. Very high risk greed play to try hanging on for more after all of this red on nasdaq.

>>8614290
This plus Put/Call ratio through the roof (retail people loading up on shorts)

Tomorrow flat, then next week possible run back to 2700 (depending on volatility etc) to blast out all the retail shorts

>>8614378
I feel most of the Volume today ans yesterday was short. I don''t think they want to hold a short during the weekend.

I'm up 5% overall. Feels weird man

>>8614290
True, the morning will tell. I havent shorted anything but im holding onto these puts.

>>8614405
Thats also true, but people are stubborn

>>8614525
over how long?

>>8609061
U guys been saying this 10 years

>>8608850
>AMRS
>huge drop
>barely goes down when market is on fire
you are a retard

Are there any sites that I can search stocks by industry, P/E ratio, and other factors?
I need to find a good way of finding stocks I like besides /biz/ and random internet articles.

>>8614879
dont respond to goldshills

Market is going to be a bloodbath tomorrow

>>8614951
the pendulum says its a green day tomorrow

>>8615020
It's entirely possible. but on a short week, I think people are going to be selling off in droves.

>>8614951
70% chance up day on days before holiday

>>8615033
I dont understand why you small specs think like this

>>8615033
>>8615058
Would people be buying for a Monday rally, then? I’ll hold my stocks a little longer. I’m fucking down seven percent but I’m not too worried.

>>8615040
>>8615058
You don't have to take my word for it, watch and see. The end of the week is always a sell day, and the market is fearful right now.

>>8614951

FUCK!!!!!!!!!!

>>8615112
Place some puts in the morning

>>8615098
>The end of the week is always a sell day
lol NO

>and the market is fearful right now.
only small specs like you are fearful

>>8615151
The market is terrified, prove me wrong. Boomers are pulling out everywhere.

>>8615098
That sounds like the perfect time to buy

>>8615174
Assuming next week is going to be a green week, then yes.

>>8608487
I’ve been 100% cash for a week.

>>8615167
>small specs are pulling out everywhere
>small specs move the market
the small specs mind

>>8615245
Go ahead and assume i'm small spec all you want, you are the one that is larping.

>>8615257
how am I larping? I didnt say I was a large spec, but I definitely dont think like a little insect small spec

>>8615271
So you're a small spec acting like a large spec, that's just as bad and the definition of larping.

>>8615344
youre stupid

>>8615416
Whatever, just don't say that I didn't warn you.

>>8615420
priced in

>>8612629
R-reporting in

>>8614939
I tried simply wallst and it seemed ok

The only way to lose is to sell.

On today's episode of The Retarded Investor:

Held Amazon through the entire drop
Tried to short the bottom
FOMO'd in for the minor recovery and got burned

I'm down 9% this week. Time to sit the market out for a while.

>>8615784
infinite holds equal infinite gains

>>8615812
I bought a share of Amazon. I'm not selling it until I would make some money.

I'm tempted to buy OLED on open, I got a feeling Shorts might cover by then.

>>8614951
market will rise 2% or more tomorrow

>Up +15% Tuesday morning
>Sell ITM RHT Calls right away, but not my slightly OTM AMAT and ASML Calls being greedy since I bought them on the Friday Dip
>Get fucked on the downturn throughout Tuesday yesterday
>Gets worse today
>Sell all my AMAT and ASML Calls today to cut my losses
>-6%

Guess it could have been worse if I greeded out on RHT too since it dropped today to 146.
Fuck me. Lesson learned. I hope.

What's gonna happen to SPXL tomorrow? I think I'm just gonna get back into VOO or SPY desu. SPXL is scary.

>>8615929
a fair prediction

"Raven Industries, a manufacturing company, will take a place on the new AgEagle Board of Directors, along with a data analytics expert and a former senior advisor to the Undersecretary of Defense for drones and corporate leader to Lockheed Martin and Raytheon."

HOLY SHIT HOLY SHIT UAVS

How many shares does Raven Industries need to Buy to the on the Board?

>>8615929
Dump it, man.

>>8614951

Nope. This isn't crypto. You're underestimating the kind of buy pressure that comes in whenever major indices drop in a significant way.

There has to be some kind of actual catalyst for there to be a more sustained sell off on the stock markets, like the '08 housing crash. All we have now is uncertainty and fear but no specific basis. Bond yields going up, fed increasing interest rates, possible but not confirmed trade tension with China etc; none of those are enough. A for real trade war with China could do it but i'm seeing pullback from both sides to prevent that possibility. Trump's negotiation style seems to be to push push push, get everything right to the edge of blowing up, then cutting a deal before it does. Similar case happening with NAFTA.

Rate my portfolio going forward /biz/. I'm the only one I know that actively invests so comments are appreciated. I only have $1k to start investing + whatever I put in from my wage slavery.

10% bonds
20% consumer staples and utilities (looking for upwards correction on KO and some others)
20% high dividend, low beta stocks
25% "buy the dip" tech stocks that have low P/E ratios and don't look too pumped (BABA looks pretty good, avoid FB)
25% Broad market ETFs (I like VONG)

Obviously with 1k I will not hit these exact percentages and will trade around as I see opportunity. Am I over-diversifying or missing something with this?

>>8616271
Boomers are scared

>>8616287
>Am I over-diversifying

Yes. That kind of split is something you'd do with 100k+, not 1k. Your profits will be lousy.

>>8616304

Watch what happens tomorrow.

>>8616306
I don't get the thinking behind "overdiversifying". I only invest in things I believe will beat the market, plus the index ETFs, I just don't know which ones will do the best so I split. Mathematically, how does this strategy become worse with more splits?

>>8615084
trim your portfolio, less is more

>>8616287
just buy some BGFV

>>8616287
your portfolio is fine for a young person who can take risks imo. personally, I avoid high dividend stocks and go more into broad indexes and get some international exposure. the only thing is you're probably getting hammered by fees with a spread that wide and that little money. if you're using robinhood that's fine but I personally avoid buying things with less than $1000 per trade.

one thing you could have done was save up money for a quarter then make a lump purchace. lets say you save up $1k in 3 months. you put it all in VONG. then next quarter you put another $1k in VONG. next quarter you think you need bonds so you put $1k in bonds. now you have an allocation of 66% stocks 33% bonds and you want more stocks and some international exposure. So next quarter put another $1k in an international index fund and you're at 50% US 25% international, 25% bond after your first year. keep going like this and you'll hit whatever portfolio allocation you want.

>>8616490
Glad to see you're still awake big5

>>8616530
I'm using Robinhood so trading and spreading myself has no cost to me. I also avoid dividend stocks as a general rule but between the markets looking worse and worse and finding some really good ones on /biz/ that have gone down recently and have a history of swinging back up to their previous value, along with pretty low betas, I think there is opportunity or at the very least consistency.

I would normally be more risky but this is in reaction to recent events, with the expectation that they either continue or get worse for the foreseeable future. I expect tech to bounce back up one more time and then most to fall with lower lows and lower highs. I'm hoping BABA is not one of them.

>>8616490
Its PE ratio is 144? EPS is .05? What the fuck? I like its chart, it has a history of going up from a bad dip, which has happened to it recently. If it comes back to the mid-$6s, maybe I'll pick some up. Already have a little AMRS so might as well get the /biz/ memes that actually seem to have some potential.

>>8616796
BGFV defies reality, it has harnessed all meme energy

Can a Robinhood cash account do options?