/biz/ - Business & Finance

Thoughts?

>>8782495
haven't been here in a while.

is xavier's still active? lost my discord login a long time ago

>>8782513
I see you removed your Trump is impeached prediction ... nice1

>>8782526
end your life

>>8782513
>tfw someone actually screenshotted it

Fuck it, I bought 15 shares of SPY. HODL mode engaged.

>>8782544
???

>>8782513
NOOOOOO 200 IS DIAMOND SOLID.
LITERALLY UNBREAKABLE
REEEEEEEEEEEE

>>8782531
That Comes Latter.

>>8782495
JUST'd by RUN

>>8782556
I SAID END YOUR LIFE ARE YOU BLIND OR SOMETHING?

>>8782573
no bully pls
i just haven't been on /rgt/ for at least 6 months now because of other stuff

>>8782526
It's still active but shunned from these threads because it's noobs teaching noobs

>>8782544
based

So how did everybody do today?

It isn't an ominous sign to close like this? r-right?

>>8782526
Xaviers is now admin'd by a whore who has banned 3 people this month because they annoyed her. Charles is nowhere to be found. Avoid it.

>>8782584
Also we are not Robinhood general anymore. Most people here use actual brokers now...it's got a lot better these past 6 months

>>8782590
pretty typical

>>8782590
LFIN is getting sec'd and I'm over here grooming and waiting for it to be unlocked so I can sell these puts

which is good because my other two option plays are getting shit on. But I'm still gonna be ahead

>>8782588
>>8782598
i see, thanks

>>8782600
oh shit you're right, i just searched "robinhood" in the catalog and clicked the first thread, didn't even see the thread title.
that's good news though.

>>8782611
I'm not worried, I'm poised for next week

>>8782590
Things worked out today.

>>8782590
not so bad my TSM stock is holding okay in this meltdown. also they have nothing but good news everyday so I am still confident about it.

>>8782590
Not the best day. Pretty much fully invested, most of it is old FB.

I hope you bros bought the Sunrun dip

>>8782631
neither am I mate. I've got the portfolio spread I want. if the stocks go down, I have cash to buy more when I next rebalance.

Donald J Trump is my friend

>>8782659
No

>>8782590
-3%. Meh. Previous day was +10%.

>>8782513

>jim cramer parroting the market FUD

oh yeah we bullish as fuck

Based after hours pump coming through

>>8782692
I knew I should have bought below 2600

>>8782690
well

it all depends on if china pulls some shit this weekend really

Oh what a surprise. Another day of getting JUSTed

>>8782590
Not too great. Could be worse I guess but I haven't seen green since I started investing

>>8782690
Creamer Pumped Snap Chat and left half the country with heavy bags kek. This guy is a total crack pot.

All in all today was a good day. I think I messed up at the end there, but we shall see what happens next week.

Weed will be bright green and somewhat sticky on Monday. The sector isn't reacting as hard to US index drops like it used to. When the DOW first started droppong, weed sector would shed 20% per day, sometimes consecutive days. Today dow drops over 700 bucks at one point and weed hangs around -4% give or take all day. Bull run is coming. Soon.

My SVXY calls have officially expired. When do I see the money leave my account? It's after close but I still see I have equity in it

>>8782771
Same here. Bought SPY puts because I get the feeling some shit is going down this weekend.

>>8782598
>>8782588

discord elitism is pure faggotry.

Phillipenes MSCI still holding strong through all the dips

>>8782683
Hang on. There was a swing in the final minutes. I have finished -1% for the day. Pretty happy with that considering i didn't do any short plays.

ah shit I should have saved this image for next friday wheres its actually friday 13th

>>8782822
I'm expecting a gap up, but it's not going to gap and go if you know what I mean. I just think I should have closed the long VIX position, and then waited till Monday morning to open a new one.

Next week on /smg/, SLV makes a couple of us happy goys

>>8782855
well ya know what they say? in times of economic depression, invest in the 5'2" commie killing fascist overlord of the phillipines.

>>8782808
Aren't option contracts settle on saturday by the CBOE ?

>>8782855
>>8782895
I am a huge fan of Duterte

I think he is a pretry cool guy because eh kills indiscriminately drug dealers and doesnt afreid of anything

Long Philippines

>>8782940
yeah hes hella based

>>8782889
Yeah, I never hold anything VIX-related over the weekend anymore. I've been burned too many times

>>8782600
So who should I use instead? My "real" broker charges $7 a trade.

If it can hold 2600 in the Futures we might be safe for monday money.

>>8783001
r-robinhood

>>8783001
Stay with your real broker get used to paying commissions. Once you trade large enough commissions don't mean shit

>>8783001
Or if you have enough capital I recommend IB

>>8782891
it better not be at 15.45 when i look again on monday. if it is, im gonna have to triple down, and i dont want to have to do that. i dont know about you, but im still pretty goddamn sure this is a gimme. the only thing that would really suck is if it pops over the weekend, and dumps before monday

>>8782940
cant say i would enjoy living under him as i smoke enormous amounts of pot, but hes been effective for the flips. its funny how the world media tries to depict him as some massively unpopular dictator, when in fact, hes the most well liked politician in years. flipland really did have an enormous methamphetamine problem only a couple years ago. not so much anymore. just waiting for some NGO to try and step in and "save the brave revolutionaries" (ie the commie rebels and muslim extremists that are trying to violently overthrow the elected official).

Might be good to straddle FB monday, cuckerberg has to cry at the senate

>>8782495
>www.ine.cn/en/news/news/911319663.html
>Yuan-dominated Crude Oil futures contract
Do literally nothing about it, or liquify 80% of all non-crypto, buy gold and/or silver, and go live innawoods?
Bonus question: How will this change the current economic landscape?
Would a threat to the Petrodollar, if this were to be one, explain the current political tension with China and/or North Korea?

While I'm asking things, what are some good stocks to hodl for a few months? (besides BGFV while we wait for MID TEENS)

when TVIX goes down again should I buy QQQ for the inverse?

>>8783115
>for a few months
i'm all-in on SPY until i get my shit together and have more time for trading

>>8783075
was thinking about this, but itll probably be too volatile going into the hearing to get a good contract.

>>8783056
Well I am not a degenerate lol

But

No matter my view on drugs, the fact is it is a problem for the government (threat to their authority) and ordinary people (who still have choice to live without drug cartels and desire a solution ; not like in some states in Mexico where people are resigned into living under cartel rules).

Terminator Duterte sees a problem, he solves the problem in the most efficient and cheapest way.
If people criticize his methods, he calls them son of a bitch and doesn't give a fuck. This guy has surely killed more people than me jerking off porn. Most lives surely seem worthless to him (even his son's life ffs !!!)

It would be interesting to see his role in the USA/China confrontation.

>>8783212
while i may be a degenerte, we can both clearly agree on one very simple point: hard drug dealers deserve absolutely no mercy, and should be shot on sight.

>It would be interesting to see his role in the USA/China confrontation.
if it wasnt for the fact that the media would bitch endlessly about drumphf aligning with a literal fascist, roddy wouldve already teamed up with us. he clearly values military strength above all else in his allies, and flips love the US and its culture anyways. not so much with the chinese (from my limited understanding of their history).

in a full on trade war/sanctions (whatever, worst case scenario) im afraid he would have no choice but to align with china. although i think it would be begrudgingly

>earnings week
>fundamentals still solid
>tech/manufacturers at their highest revenue ever
>but DRUMPF

The bear or the bull? Who do I side with?

>>8783359
I don't like drugs in general because in the hands of the pleb, it leads to the path of general degeneracy
But nonetheless, I can appreciate individuals whatever their addiction or bad habits.

The Philippines are a country with a huge Christian population. It is strategic to counter-balance countries such as Indonesia. And it is an island, with is more prone to align with martime power (such as the USA). China knows its disadvantage on sea and is trying to develop its continental influence (One Road One Belt initiative).I can't see actual benefice for the Philippines to be genuinely close to China.

And let's not forget about the Spratley Island dispute, which the closest thing in modern day of a good old invasion. I don't believe that such a thing would be forgiven so easily anytime soon. And that shit happened under Obongo the low-IQ, useless Magic Negro.

>>8783532
Earnings will not be meeting expectations this year, they wont be bad but the reality is going to set in this month.

Look at OLED as the canary in the coalmine.

>>8783532
>>8783624
HA HA
Jokes on you : I mostly have companies with no earnings so it won't affect me

I mostly own weed stocks but I need a normie stock to add also

Should I buy NVIDIA, AMD, a military company stock, or a simple S&P500 ETF?

>>8783677
Don't buy AMD you paste eating retard. By WY, BIDU, or SKX

MAKE AMERICA RED AGAIN

>>8783697
Before these corrections, everybody and their mothers said the stock market was overvalued as fuck, that the crash is gonna be epic etc etc

Now here comes some corrections, which in perspective are not that dramatic. If you were not a brainlet and like to pretend being a high spec trader, you would buy the dips and sell the rallies, until the market is deleveraged.

>tldr : stop being retarded and emotional it is only money

>>8783775
There's no end in sight, and people don't know where the bottom is.

>>8783677
Tesla just issued loads so its cheap now

>>8783802
That is why things are so interesting don't you think ?
Learn to buy the dips and sell the rallies. And hedge with options.

My guess is that we will be seing a somehow sideway market while companies keep reporting good earnings. Actual earnings may be able to catch up with the sky high valuation again.

>>8782590
me big money now

>waaaahhh le orange meanie BLUMPF is killing muh meme gains
How many times must I repeat this: those who mock our gallant, illustrious POTUS do not deserve to see gains.

>>8783994
B a s e d

>>8783677
LMT
or short term short BA, its doubled in almost a year

>>8783087
Bump
Haven’t seen anything about this on /biz/

>>8783087
>>8784045
fuck off commie Im not buying gold/silver

Where my LFIN 4/20 put niggas at

For those thinking of investing in developing countries, Iraq is committing to a huge increase in infrastructure spending (particularly Electricity) post-ISIS:

http://www.lamassus.com/2018/04/iraq-budget-2018-part-one-total-spending.html

>>8784296
BUY
DINARS
I
N
A
R
S

How do we play this?

>>8783677

Now is a pretty good time if you want to hop on board the good ship Amazon. It's been hit pretty hard by the US market drops recently.

>>8784341
IQD is defacto pegged to the USD.

That may change soon.

The stock market will crash on Friday the 13th, one week from today. The bottom will be 15-17k. You've been warned. Screen cap this.

SP FUTURES BROKE 2600

PANIC
PANIC
PANIC

>>8782495
Serious question how fucked are we? Like realistically there is what seems like a full blown economic meltdown and CNN is talking about some porn star whore. This is really concerning.

>>8784519
yussssssssssss

>>8784560
we just need a nice weekend to remember how much we love amazon and netflix

>>8784547
this is what is known as a dip friend
this is the golden bull run

Thinking of starting an account on Degrio. What's a good minimum buy in for wage cucks?

everyone forgot the entire economy was dependent on startups lowering costs by burning venture capital money.

interest rates go up, venture capital money dries out, everything falls apart. any company that does not have a path to profitability within 2 years goes bye-bye.

>>8784605
So you don't know. Basically bailing out the banks is coming back to bite us in the dick. Got it.

>>8784547
If gold Breaks out, All out Panic will ensue.

That means Dollar isn't worth holding.
Markets Will Move into Commodities.
People will go back to bartering and trading with nuts and sea shells.
Bear Market for the Next 100 years.

>>8784643
fuck off faggot im not buying your gold

>>8784706
defuk are you talking about, I did not tell you to get gold.

>>8784685
Is Frump going to make a stimulus package again? aka keeping the supply of money for the coke heads available funded by joe blow cuss 2big2failmeme?

anyone else regretting selling TVIX

>>8784547
Are you talking about that thing with productivity-growth slowing down globally, like what Powell was saying earlier?

>>8784775
I didnt sell, I just bought ZIV instead

>>8784743
>Is Frump going to make a stimulus package again?

Fed said it's going to be deleveraging.
They Might step in on an absolute market crash like in 08.

>>8784502

nah

wheres the mother fucker who said to go long BA

how did he know

https://twitter.com/zerohedge/status/982388892862156800

>>8784783
Not a clue what you are talking about. I am more thinking about the maintaining of the status quo after the housing market collapsed.

>>8784801
>They Might step in on an absolute market crash like in 08.

...... They need to let them fail period. They should have done it back then. I listen to charles munger talk about the bailouts were necessary or something terrible would have happened. Like what is terrible the lack of lining in his pockets? These mother fuckers are more interested in maintaining the status quo then sound practices.

>>8784081
6/15 put checking in

>>8782808
Doesn't matter, really, does it?

I think it's Saturday, if not, by Monday at open.

Things to buy Monday Morning
SGAR
CFFE
WATR
CBEAN
9MM

>>8784947

weed gonna moon on Monday. Gonna moon real good.

>>8784947
Just tell me I am a professional and know the market more then you could possibly imagine and everything will be alright. Also I love you wouldn't hurt.

>>8783001
>>8783031
>>8782600
If you are investing and not day or swing trading you don't need a 'real' broker. You can easily do your DD for free. If you want to day or swing you might as well get TC2000 and use them as a broker.

Don't be jewed.

>>8784775
Market will likely moon in the morning, you might as well buy it then.

>>8785018
What's a DD?

>>8784980
>>8784976
The good news I got is that my town allows me to keep poultry and a veg garden and my neighbor has a distillery I can trade eggs for alcohol.

>>8785018
Stop trying to make DD a thing. Its not going to be a thing

>All of these retards saying "in the morning"
>It's Friday
This is who you take investment advise from

just fucking use robinhood and don't deal with commission jewery

>>8782564
Glad {you're} being justed

>>8785085
Alright, restored hope thanks

>>8785103
It's always been a thing you anime brainlet

What are your predictions for the earnings reports for the big banks next week?

>>8785119
>so focused on the markets that you forget weekends are a thing

>>8785123
you get what you pay for

robinhood:
>no shorting
>no OTC markets
>no foreign markets
>no forex
>no futures
>no real time bid/ask
>no candle charts lol
>no after hours trading from 4am to 8pm like normal brokers (24/5 for forex and futures)
>no commissions :^)

>>8785190
hello small spec, welcome to the 21st century

>>8785215
>no futures
>no real time bid/ask
>no candle charts lol
>no after hours trading from 4am to 8pm like normal brokers (24/5 for forex and futures)

most "real" brokers with minimums under 50k don't have those either

>>8785215

good i can get straight to losing money without complicated stuff in the way

>>8785242
>tfw cant afford $24,000 per year for a bloomberg terminal

>>8785269
tfw I can use it for free at my business school :^)

>>8784685
The bear will leave its cave forever. It makes sense now, it wasnt about California.

>>8785316
>spending hundreds of thousands for tuition to use a 24k jew terminal

>>8785316
for a certain definition of "free"

>>8785319
post it

>>8785323
Good thing I'm in Canada where they subsidize my tuition
So far paying 3k CAD per semester

>>8785339
they being "your taxes in the future"
no different from loans really

>>8785389
I'm leaving this hellhole to work in the states of course

>>8785397
based
it is practically free for you then

>>8785397
smart leaf. just find a nice white area to live

First

My NVDA 35$ 4/27 calls are getting raped :(

>>8785506
>America
>white
Pick one, mutt.

>>8785605
*235

So if markets crash and full tradewar begins, can the US give the world a big FU and say our currency is now gold backed and we owe noone anything.

Trump did go to fort knox when he got into office.

>>8784547
Crypto is a canary in the coal mine for the global speculative bubble. The stock market is going down, no doubts about it.

>>8785605
Im in at 217
pretty based

>>8785596
Based never first guy

>>8785634
>imlyng the zionist occupied government would allow such a thing

>>8785634
Half the world holds the dollar.
Our gold would be gone within a week.

>>8785672
Not if they replaced the currency for US citizens only

Its nap time boys

>>8785737
>currency for US citizens only

RIP Petro Dollar

>>8785790
Fuck that shit.

I'm going on a 16hr Insurgency Binge.

This is fucking terrible!

Who's bearish on treasury bonds? I hope China dumps them all.

Some whale loaded up with 7 million of SPY.

>>8785892

Bull market, regardless of this vol bullshit.

I was up 30% on my BABA call yesterday, was gone in an hour. Now I'm down 35%. Fuck my life, my TA was solid and I bought at what I thought was support, but fucking faggots bail out because MUH DRUMPHFFF and now I gotta pray on a miracle from now to 4/20.

>>8785892
It's a closing print you mong. I was part of it

>>8785081
>>8785103
DD means due diligence, and it has always been a 'thing', contrary to the fucking weaboo.

>tariffs hardly affect market fundamentals
>market still dumps anyway with literally no effect having been done on the market
who let the retards in

>>8784638
I'd say there are larger factors affecting venture funding than fed rates. Venture funding in SF peaked in 2015. More importantly, while there is still a large amount of VC funding being spent, it is going to significantly fewer companies. VCs are making fewer bets of larger scale and are generally being more discriminating about who they invest in.

The appetite for early round VC funding has really dried up. VC people are looking back at a decade that saw dozens and dozens of tech companies swallow up millions of VC funding for nothing in return. The odds are long, and the market for tech products feels saturated. How many food delivery apps are out there? When's the last time a tech product came out that was original, exploited an untapped market, and provided meaningful value to users? On top of all this, the Bay is just too damn expensive. They money is starting to look for new industries in new areas.

The dark horse in all of this biotech. There's a lot of potential, but you have much more expensive R&D, longer development times, and longer market adoption times. We will see if VC has the appetite for it.

>>8785979
>Doesn't know we live on a global market with thin profit margins.

>Government Runs out of money
>FED Exit Scams
>Military is disbanded
>UN Rolls into the US for Peace Keeping
>US is now an International Zone shared by it's debtors.

WEW
E
W

>>8782590
I'm down 8% all time. Down to $1580.

>>8785944
Unstraddled options are asking for trouble in this market, Ive blown 10k on stupid descions the same way. I feel you.

>crushes earnings
>still sells off

I fucking give up.

>>8785996
Healthcare data is also on the table. Its fucked right now.

>>8785979

I’m holding out for a nice earnings week. If nothing gets blown out of proportion, we will make this shit up after people realize we are still setting record earnings and will do so for the next, at least, five quarters.

Hold your ground .

how the fugg do I profit with options

>>8786186
you have to go back

>get "real broker"
>buy 50 TVIX and make tidy 7% gains on it
>.5% gains after 14 dollar commissions
I'm going back to robinhood

>>8786287
Only if you come along senpai :^)
Bitches out here are unreal, some whore houses got imports.

What the hell is shorting? Brainlet here

>>8786300
who is this semen demon

>>8786300
Find a Broker that let's you trade on leverage if you only got 500 bucks.

SureTrader let's you do 6:1 and day trade, but you gotta deposit $1,000.

>>8786387
>trading all in on leverage AND still dealing with commissions

>>8786333
Its when you sell a borrowed stock from your broker hoping to buy it back at a lower price to pocket the difference

wait if you just straddle can't you nearly always make money as long as the market is volatile enough

>>8786462
the more volatile the market the higher the bond premium and the more expensive it is to straddle

>>8786468
of course

>>8786300
me am going to find guro of this loli and post the shit out of it here

>>8786462
Yes sir, straddle spy dia or qqq

>>8786476
do not lewd my legally aged wife

>>8786489
I've been doing it wrong all along

>>8784685
Yup. Breakout should be around 1400-1500.

>>8786506
If you're good at playing the sine wave patterns of the day you can also play some risk around your straddle if you're good, but I dont recommend it.

Basically you time your straddle on your predicted day average and cash out each side of a swing for profit each way around. Hard to do though, Ive fucked up multiple times this week testing it out.

>>8783056
We're fine bro, I did my own looking and I agree with your assessment.

novice here. If the petro yuan gains traction, and a sizeable portion of the oil market switched to it, what would happen to the excess dollars in circulation? Would countries dump there reserves and cause the dollar to fall? Would its purchasing power fall regardless ? Interests rates would have to rise substantially to cope but the debt repayments would cripple public finances. Does this sound reasonable?

>>8786708
petro yuan cannot gain traction because the US uses it's absurdly large military to protect it

>>8786708
>If the petro yuan gains traction
won't happen
The Chinese literally can't do anything right be it making quality products, fighting in wars, or being actual humans

>>8786930
Whilst I agree with your sentiments, I could easily see Iran Pakistan switching over. Not much of the market share I know but it's start. And with China allegedly stock pilling gold, its currency could be a serious threat to the dollar in a currency crisis.

>>8787190
>2 literally who countries
>muh gold

>>8787222
iran and pakistan are both one of the 5 third world nuclear armed states

alright boys, do we have any /asx/ fags here? havent seen a general in the catalog for a long fucking time (there used to be one up most of the time in 2016)

are micro/small cap mining stocks still hot right now?

>>8788185
Not really the market has been slow because the trade thing

March was out of control though, a couple stocks went 300%

>>8788185
I got totally fucked by Syrah.
Fell hook line and sinker to the graphite meme and now all the shorters are cucking me.

Who here slv and ktos calls? Where my niggas at

>>8783115
I like WM.

What were the /smg/ days of slow steady gains and consistent green days like? I began trading in this volatility clusterfuck.

>>8786221

which ticker?

>>8788185
A lot of the smaller ones went up big already like AVZ, AGY, AUZ etc. They've all been hit varying amounts the last two weeks, so there might be a small bounce coming.
There's enough volatility in the bigger lithium miners that might work out for a day trade around the 200 or 400ema.
I still remember that weed stock that went up 8000% in two days but forget the name.

>>8789499
The general trend was up, but there is a reason why the Buy High sell low phrase continues.

>Someone feels FOMO'ed by a sudden rise
>Buys
>Drops a bit the next day
>They think its over and they sell at a loss
>Following day it ticks upwards
>Buy

>>8789499
/smg/ was /rgt/ before

i actually think we switched to /smg/ right at the peak in january lol

>>8789628

We switched right after Robinhood announced they were going to add crypto.

>>8788185
The battery metals mining thing got crushed when the markets started dropping. I still think cobalt will be a good investment in future but not right now. Weed and pharmaceuticals have my full attention for speculative plays at this time.

Fellas I think we cursed the market

The first /smg/ thread was literally at the peak

>>8783056
>flipland really did have an enormous methamphetamine problem only a couple years ago

The Philippines has a low prevalence rate of drug users compared to the global average, according to the United Nations Office on Drugs and Crime (UNODC).
>However, according to the Philippine Dangerous Drugs Board, the government drug policy-making body, 1.8 million Filipinos used illegal drugs (mostly marijuana) in 2015, the latest official survey published; a third of them had used illegal drugs only once in the past 13 months.

idiot

>>8789499
so many fucking penny stock shilling
like 25 pennystock spammers per 1 person interested in trading
but AMD was amazing, as was MGT

>ceru my nigga

>>8789783
>AMD
fucking nigger stock

>>8789499

Oh man, you missed the shipping meme bubble

>>8789839
AMD was good for playing earnings last year

>>8789894

what do I dump 100 dollars into monday

>>8789499
I feel ya dog, came here thinking i was buying the dip couple of weeks back.
Now my portfolio is down 5-10% and the analysts aint promising good news..

Thought id at least make more than keeping my money in a basic interest account.

>>8789839
>was at $2.00 in 2016
>ends 2016 near $12

na, shit was cash, like MGT when it rose 10,000% in a week

Does anyone know about the book Options, Futures, and Other Derivatives? Is the indian version thats 25 dollars just different homework problems but the same content as the 80 dollar version?

>>8789945

MTSL