/smg/ - Stock Market General

[Anonymous No.15127646]

RIP American Markets
from 1776 to Trump
edition

Popular brokers:
https://pastebin.com/mrSchZPg

Some basic stock market terminology:
https://pastebin.com/VtnpN5iJ

Free advanced charting tools:
http://www.tradingview.com
https://www.koyfin.com/
https://www.finscreener.com/

Real-time market news:
https://thefly.com/index.php
ThinkorSwim

Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain

Stock screener
https://finviz.com/
https://www.tradingview.com/screener

Premarket Data:
https://www.investing.com/indices/indices-futures

Pump and Dump Advertising:
https://stocktwits.com

Boomer Investing 101:
https://www.bogleheads.org/wiki/Getting_started

Suggested books:
https://pastebin.com/jgA5zTuC

List of hedge fund holdings:
https://fintel.io/

Remember Happy Day:
>>15124846

[Anonymous No.15127662]

AAPL -7.36%
MSFT -6.21%

WHAT THE FUCK JUST HAPPENED

[Anonymous No.15127666]

>cheapies!

[Anonymous No.15127672]

>>15127615
>What the heck... Are her breasts stuck in jello?
>:D
no exactly

>>15127589
me super long euro ATM

[Anonymous No.15127678]

>tfw closed my shorts

[Anonymous No.15127691]

>>15127666
checked by bobo

[BaggieTheJUSTED !!2wgod7RQeJh No.15127692]

>>15127666
It'll be back to business as normal by lunch time. We have nothing to fear except fear its self.

[Anonymous No.15127695]

how bad is it boys
I'm just a crypto fag

[Anonymous No.15127701]

>>15127646
Thanks Oba.... Drumpf!

[Anonymous No.15127703]

>>15127662
THE CLOUD JUST FLEW OVER MY HOUSE!

[Anonymous No.15127714]

>>15127540
you mean like Nikkei and S&P?

[Anonymous No.15127724]

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

FUCK CHINA edition

[Anonymous No.15127730]

>>15127662

China ain't taking America's shit anymore, that's what happened.

After the Fed's cut and Trump's tariff hike threat (when he said that he wouldn't) and with the mass shootings dominating American politics, they fucking ran with it.

[Anonymous No.15127731]

So now that China has been labeled a currency manipulator by the FED everything is going back up tomorrow right? R-right?

[Anonymous No.15127739]

YAAAYYY TRUMP
MAKING TVIX GREAT AGAIN

GIVING US A CHANCE TO GET IN ON TQQQ BEFORE IT PUMMMMMPPPPPSSS!!!

>>15127672
do explain. I love RKG torture fantasies

[Anonymous No.15127743]

>>15127646
There was no American market in 1776, NYSE wasn't founded until the 1790's

[Anonymous No.15127760]

>>15127701
S&P would be 3400 ATM Obama were still in office

[Anonymous No.15127761]

>>15127692
>call SPY 293

[Anonymous No.15127769]

HELLO DARKNESS MY OLD FRIEND

[Anonymous No.15127781]

Haha at least galt cuckholders weren't the only ones getting bogged today

[Anonymous No.15127786]

>>15127731
As soon as Jerome announces some special currency manipulation of our own... Still no
You will continue to see a shitstorm for the rest of the week.
Sit tight and relax. Eventually things will stabilize. Wait to see what Jerome decides, Trump is turning up the heat but our man Powell is still in the driver's seat

[BaggieTheJUSTED !!2wgod7RQeJh No.15127802]

>>15127761
It'll get there by Wednesday this is nothing more than price action and market noise.

[Anonymous No.15127807]

>>15127781
If I can buy GALT under $3 I just might

>>15127760
And China would still be bleeding us dry, sure
Long term strength > short term index levels
r_tard

[Anonymous No.15127815]

>>15127695
I HURT MYSELF TODAY

[Anonymous No.15127818]

>>15127730
I guess good thing I sold Tyson?

>>15127662
They're HUGE components of the S&P, and people are panicking today. Selling their index funds and ETFs, taking profits after 10 years of blessed bull. There is legit uncertainty, we're officially in a trade war, but this is a straight up panic.

>>15127781
They're actually just cuckholds when they're the ones being cucked.

>>15127760
You mean if Yellen were still president of money?

[Anonymous No.15127838]

>>15127743
oops

[Anonymous No.15127842]

they're going to cut rates 50bps next month

we are now entering a race to the bottom

[Anonymous No.15127843]

>>15127714
I see.
I understand, Dont bother trying to apologize when the waves hit
Tais-toi Tais-toi

[BaggieTheJUSTED !!2wgod7RQeJh No.15127861]

I just read an article that today was the worst day for the market all year, that means tomorrow will be better and we'll get back to business by lunch tomorrow. This is nothing more than market manipulation and a clear opportunity for cheapies.

[Anonymous No.15127862]

we are going down another 2-3% tomorrow at open. BOBO stop toying with us.

[Anonymous No.15127872]

>>15127786
I doubt that, with the currency manipulation charge in place, China has no choice now but to return the yuan to status quo or face further consequences and they aren’t ready to Samson option just yet, I think we go sideways finally for a day or two and finish green Thursday the bleeding will continue but only on garbage stocks that are overpriced and were already seeing it happen
On the other hand, China could say fuck you fed but they would be deliberately sacrificing themselves for no reason other than fuck US and that would plunge them into the LITERAL DARK AGES which could open up a powder keg and someone assassinates someone
Big news could be game changing

[Anonymous No.15127876]

>>15127861
HAHAHAHAHA, have you seen the after market blood bath from the currency manipulator designation?

[Anonymous No.15127885]

So should I be liquidating all my index funds and buying gold yet?

[Anonymous No.15127887]

FUUUUUUCK I'M REALLY BAGHOLDING NOW!

>>15127843
th-the smelliot wavves?!

>>15127862
A green opening right now would ABSOLUTELY be a sell-off signal.

[Anonymous No.15127900]

>>15127646
Song of thread.

RIP STOCK MARKET
https://m.soundcloud.com/wmstrecs/goodbye-moonmen-full-track/

[BaggieTheJUSTED !!2wgod7RQeJh No.15127908]

>>15127876
They've been doing that for years. What's the big deal?

[Anonymous No.15127916]

should my dad buy BABA tomorrow? dont feel like learning about stocks

[Anonymous No.15127932]

>>15127908
because those years the administration couldn't prove it so they did not officially designate them a manipulator. now the gloves are off and they aren't even investigating, they went straight for the designation, which comes with penalties.

[Anonymous No.15127933]

>>15127887
my electric waves.
Ive murdered many anons from smg with this

[G O O D B Y E M O O N M A N No.15127936]

>>15127916
Great depression 2.0 is here. But gold you idiot.

[Anonymous No.15127938]

>>15127666
CHECKED SATAN IS CRASHING THE MARKET WITH NO SURVIVORS EEEEEEEK

[Anonymous No.15127939]

>>15127916
Yeah
He doesn't like you anyway

[Anonymous No.15127941]

>>15127646
guess this is what happens when china devalues their currency and feds fuck with rates

[Anonymous No.15127950]

>>15127861

LMAO this cope.

Trump/China/US Treasury/FED is crashing this economy with no survivors.

[Anonymous No.15127953]

>>15127887
"Bagholding" loses $0.50

[Anonymous No.15127956]

>>15127932
the penalties are small as far as i understand them, but it's going to annoy them for sure

[Anonymous No.15127970]

AAAAAAAAAAAAAAAAAAAAAA IF YOU DONT LOOK IT CANT HURT YOU BROS, USE OSTRITCH MODE BROSSSSSSSSS

[Anonymous No.15127972]

>>15127933
P-plz don't kill me just because I ask stupid questions, plan on stealing RKG from you, and don't like MMM's exposure to China...

Sans blague

>>15127953
That's more money than I make in a week!

[Anonymous No.15127984]

I wish Degiro offered a decent gold etf in my shit country g*d damn it

[Anonymous No.15127992]

>>15127972
Meant to say China and autos

>>15127970
>That OC
Lou Dobbs?

[Anonymous No.15128023]

>>15127956
the penalties associated with it are minimal but it is having a huge psychological effect on the market right now. and on a side note it's hilarious that after 3 years of investigations and finding nothing, all it takes is one bad day without any investigations to label them a currency manipulator. this administration is ridiculous.

[Anonymous No.15128026]

Selling my 500 dollars in index funds just to buy again once the sell-off ends :^)

[Anonymous No.15128031]

>nikkei futures at 19945

[Anonymous No.15128040]

>>15127872
Hey we will see what happens. I'm still trying to get it all straight now. The treasury announcement has some language about the IMF and the G20 but I don't think we want to wait for them to do something

Btw tractors are the best captcha

[grim !!tqKNtpU7P6O No.15128046]

MORE CHEAPIES COMING

[Anonymous No.15128059]

Here's some perspective boyos

https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_S%26P_500_Index

>2019-08-05
>2,844.74
>-87.31
>-2.98%

It's the 18th worst trading day in S&P 500 history as a percentage point move.

[Dobber !!qEeBALi+hGB No.15128066]

>>15127646
Not even in afterhours can I find solace.

God fucking damn it all. I'm just going to straight gamble it all on credit spreads.

[Anonymous No.15128069]

HOLY SHIT THE RED THE FUCKING RED

DRUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUMPF

IM NOT GOING BACK TO WENDYS,DRUMPF!!

[Anonymous No.15128073]

Imagine still being in boomer markets in august 2019. If you're not shorting every stock right now and putting 100% of your profits into bitcoin, you are a sub 20 iq nigger.

[Anonymous No.15128085]

>>15128059
AAAAAAAAAAAA
AÀAAAAAAAAAAAAAA
AAAAAAAAAA
also your ID looks like it says "dicckwad" hehe

[Anonymous No.15128092]

>mfw entire portfolio is silver stocks
>mfw this thread

[Anonymous No.15128095]

I should be buying right now...right? The market mania is just temporary...right?

kinda new to this pls no buly

[Anonymous No.15128117]

>>15128095
you should have a plan to buy at levels and amounts you're comfortable with.

[Anonymous No.15128119]

>when a bunch of an*me watching chinky dinkies don't know what a fucking stop loss is so they just hold and die

[Anonymous No.15128120]

>>15128066
>Gambling
But I thought covered calls was foolproof winning strategy?

Unrelated, but has anyone seen DICSUXXSCUM guy recently, or did he have a red day, so no posting?

[Dobber !!qEeBALi+hGB No.15128124]

>>15128066
I'm voting democrat this year. Bleeding heart liberal mode has been activated. I now support obscure women's body positivity groups, the chinese social credit system as a champion of social justice, taking pictures of my now new morning ritual of purchasing a venti latte w/ foam art, and rephrasing jordon peterson arguments as vile antisemetic strawmans.

[Anonymous No.15128132]

>>15127956
Being labelled as a currency manipulator mean American government labelled the country as making gains from America by manipulating exchange rate. So it mean a further deterioration in bilateral trade relationship. China have spent years trying to avoid being labelled as such.

[Anonymous No.15128145]

[Anonymous No.15128149]

>>15127646
This is like the fifth heavily bear day. worst yet but still. is it going to recover or is this a new recession?

[Anonymous No.15128154]

>>15128095

Saying you'll buy a dip is easy.

Actually doing it during a market rout is actually very hard, because you don't know how low the market can go.

Bad news feeds on itself, but the markets could just as easily see a capitulation from Trump or China and then rally hard.

If you're new to this I would stay away until stocks are historically cheap.

[Anonymous No.15128157]

>>15128145
how bad is it going to get lads?

[BaggieTheJUSTED !!2wgod7RQeJh No.15128161]

S&P futures found support now and not even down 1%. I don't hear any boomers compaining that they can't retire. Clearly there's no reason to panic and the market will rally. It's going to be business as usual tomorrow. New ATHs this week.

[Anonymous No.15128166]

>>15128124
You will have to wait until next year (not this year) to properly worship our moon goddess, mother Marianne
Also make sure to do your yoga and mindfulness routines and join a bookclub and travel to exotic locations.

[Anonymous No.15128168]

>>15128124
>rephrasing jordon peterson arguments as vile antisemetic strawmans.
>Right says he's a jew shill
>left says he's a Nazi
Sounds pretty based to me.
Left and Right are retards.

[Anonymous No.15128181]

>>15128023
The only reason the penalties are ‘minimal’ is because we dismantled OPIC during the tianaman square massacre lol now I wonder what plug we’ll pull next to cut more funding off from China
I mean seriously both US and China are just sitting on their own swords right now no one is hurting the other but themselves it’s a fucking circus someone kill one of these two already PLEASE

[Anonymous No.15128183]

>>15128145

Fuck I hate it when Twitter "influencers" don't give sources.

Makes perfect sense though, but you don't want to hear it coming from a permabull like zerohedge.

[Anonymous No.15128185]

not a single deep state faggot in jail. foreign policy a shambles. no wall. recession or depression. total loss.

[Anonymous No.15128188]

>>15128157
we're going down until sept 1, and then further down until uncle powell gives us a 150bip cut in mid September.

[Anonymous No.15128194]

> mfw AMD keeps dropping in the afterhours

MAKE IT STOP!

[Anonymous No.15128195]

>>15128157
What is the worst Twitter spat that you can imagine?
That's how bad it will get
Then China will invade HK and TW to blow off steam, a bunch of them will starve, all our cheap stuff will get made in Vietnam and our electronics in korea, and SPY continues marching towards 400

[Anonymous No.15128197]

>>15128145
Wait wait, so the tariffs LEGALLY can’t happen? And China just showed off they can manipulate their currency at whim in front of the fed? Hmmmmm something Oahu here

[Anonymous No.15128214]

>>15128197
it's an agreement, not a legally binding document.

[Anonymous No.15128215]

>>15128154
I have a limit that I'm going to buy (more) at, but I'm hoping it goes down just a little bit more since I'll be able to get more shares from it. I wouldn't say I'm "new" to this, more "inexperienced". This isn't for me doing any day trading, it's for a long(ish) term investment that I need to get more shares of to maximize gains.

[Anonymous No.15128216]

>>15127743
What would $10 in an index fund invested in the NYSE in 1790 be worth today?

[Anonymous No.15128223]

APOLOGIZE

[Anonymous No.15128228]

>>15127662
All of those cheapies. Buy time!

[Anonymous No.15128230]

>>15128216
index funds weren't invented until the 1970's

[Anonymous No.15128232]

>>15127972
Youre implying her love for me isnt unrequited.
You can take that trash but shell just run back to my burrow

[Anonymous No.15128235]

>>15128149

Nah, it's not even close on a percentage basis.

Imagine how traders felt at the end of the day in 1987 or 1929?

Hell, #2 and #3 were back to back day loses. No wonder people jumped from buildings.

[Anonymous No.15128248]

>>15127730
China has no ground to stand on. They will totally get assraped in a drawn out trade war. They're 100% banking on Trump getting btfo in 2020 and the Dem cuck replacing him going back to letting them fleece our country.

It's not going to work and America will emerge much stronger. China meanwhile is finished.

[Anonymous No.15128253]

>>15128232
Tant pis
c'est la vie

[Anonymous No.15128259]

>>15128197
No, that agreement at Osaka G20 was only a vocal one, and as far as I can tell America and China each have different interpretation on what have been agreed at Osaka.

[Anonymous No.15128271]

>>15128161
Oh no, if Baggie then..

[Anonymous No.15128276]

>>15128259
*vocal
verbal

[Anonymous No.15128281]

>>15128216
There were only certain shares traded at the start. Remember, US and NYC population was still low. Imagine the beginning of an RTS or city building game
> The Bank of North America along with the First Bank of the United States and the Bank of New York were the first shares traded on the New York Stock Exchange

[Anonymous No.15128287]

i posted kyle bass's interview earlier, but posting it again
https://www.youtube.com/watch?v=dCH_-fcCoK4

[Anonymous No.15128299]

>>15128215

If it's going to hold, it's going to hold at June 3rd levels (2750). After that, there is resistance at 2650. After that it's December 24th levels at 2350.

The Fed will be scrambling to intervene publically at 2650 or 2350.

[Anonymous No.15128309]

>>15128216

[Anonymous No.15128323]

>>15128248
America is genius.
There is a reason for all of this. Trump is downplayed and has been this entire time just to JUST China, our only real rival left in the world. All the polls all the bulshit fake news media. In reality everyone loves trumps and hates china but on the face China thinks it looks like they could have an edge on public persuasion.

[Anonymous No.15128336]

HAHAHAHA 65% of traders think there will be a 175-200bip cut, 35% think it 150-175.

uncle powell needs to deliver.

[Anonymous No.15128337]

>>15128216
About 3.50

[Anonymous No.15128350]

>>15128216
one share of KO when it IPO'd with dividends reinvested would be worth $10M today.

[Anonymous No.15128363]

>>15128216
Less than $10 invested in bitcoin in 2009.

[LCIguy !7SgaW5KMQI No.15128369]

Thread theme

https://www.youtube.com/watch?v=IXzFPl7UdgQ

[BaggieTheJUSTED !!2wgod7RQeJh No.15128370]

>>15128235
>Hell, #2 and #3 were back to back day loses. No wonder people jumped from buildings.

Well there wasn't any real trading experience back then. Dow dropped 3 points then 2 points, people thought it was like the end of the world, but it was seriously nothing. Granted back then for $5 you could buy a house and pay for your 9 kids to go to school, but it wasn't the end of the world.

[Anonymous No.15128372]

>>15128248

I don't disagree with what you're saying but the question is what society is more stable and what society is more willing to endure pain.

I honestly don't think America is that kind of country anymore. You're way too fractured.

The CCP will make their citizens eat bugs and their own babies before surrendering the sovereignty of their state.

[Anonymous No.15128375]

>>15127261
It's happening. Will you please show me some meme lines, and smooth penis indicators? Your lines are second-to-none.

>>15128276
nah, verbal just means in words. A written document is still a verbal agreement

>>15128281
First stocks ever was Dutch East India Company, but that was in Amsterdam

[Anonymous No.15128390]

>>15128323

Sometimes a spade is a spade anon.

Let's see how loved Trump is by his base when he moves against videogames and guns.

[Anonymous No.15128394]

>>15128323
This. The fact that the markets are disintegrating is Trump signaling his loyal followers that he has everything under control and we should be buying everything we can. That's why he chose red for the MAGA hats. Red is the Trump's color. The more the market crashes, the more Trump is winking at us saying this is all part of the plan.
Thread theme:
https://www.youtube.com/watch?v=PP9BjKnDaFk

[Anonymous No.15128408]

I've lost 30% in 3 days because I am retarded enough to keep doubling down on AMD. Is this what it feels like to truly be a failure?

[Anonymous No.15128420]

>>15128370

Every time I see a post from you it's just gibberish shit. Why must you post such inane nonsense?

Of course there was a trading experience. People had tickers in 1929 and there was obviously the IRL trading on the exchanges.

[Anonymous No.15128454]

I like how this Korean site describe the 1USD=7CNY level as the mental Maginot Line for CNY exchange rate

[Anonymous No.15128458]

>>15128235
11/20 in Sept/Oct. Why is this the worst time for stocks?

[Anonymous No.15128459]

>>15127760

Good thing you're here to tell us what to next, Nostro.

[Anonymous No.15128482]

>>15128223
He's halfway based but his stance on BP oilspill is completely reeeetarded.

[Anonymous No.15128503]

>>15128458
many people sell in may then buy back in in september

so volume comes flooding back, while traders try to get caught up on whats happened the past three months

so any correction that should have happened in summer gets delayed until the big boys come back into the market (and they can properly panic)

[Anonymous No.15128569]

Tommorow is gonna be bad isn't it? Like historically bad.

[Anonymous No.15128576]

>>15128420
Baggie is just sarcastic but his posts are still coherent
The best smg posts are the dream-phase stream of consciousness posts (but still about the stock market)
Coherence is overrated, it doesn't happen in the market, why should it be required in our language when we discuss the market?

[Anonymous No.15128579]

>>15128458

I don't buy the whole TIME OF YEAR thing for stocks. The world is more complex than that IMO.

Maybe around major holiday times volumes are going to be lower but other than that, no dice.

>>15128482
>>15128223

Peter prepares for one thing only: massive price inflation that will result in an explosion in gold.

The Austrian perspective is very simple but it doesn't take into account people's gullibility as actors. Not everyone is rational. In fact most people aren't.

Thus he was wrong about stocks for the last 9 years and you could have made an absolute FORTUNE if you purchased and held the S&P 500 or the NASDAQ.

He could still be right though. They are going to try to save this thing by throwing as much easy money at the market as they can. Whether it works or not is the question.

[Dobber !!qEeBALi+hGB No.15128581]

>>15128569
yea. we're just gonna bleed -3% for the rest of our lives. it's fucking over.

[Anonymous No.15128593]

>>15128408
Don't feel that bad, you're in good company right now

[Anonymous No.15128605]

>>15128569
Whatever it is, i'm buy a ton of Tvix at open

[Anonymous No.15128624]

Is it gonna bounce?

[Anonymous No.15128646]

Reminder that if someone is losing, someone else is winning.

[Anonymous No.15128658]

is nikkei going to crash and burn now?

i wanna see the fireworks live

[Anonymous No.15128669]

>>15128624
IMO right now it really depends how patriotic the boys in Shanghai are feeling tonight
Of their national team shows up strong and pumps the Chinese indices that is good news for futures
But if all the little changs lose their minds with fear, they hit circuit breakers tonight easy. Shanghai hits CBs a little quicker than the US markets, remember that

[Anonymous No.15128672]

>>15128624

Look back to October 2018 for a similar price action.

Trump could cuck out hard.

[Anonymous No.15128691]

I work at google

[Anonymous No.15128692]

>>15128605
What even is that stock, why is it down so much.

[Anonymous No.15128694]

>>15128669

The Chinese knew this was going to happen though. It was on purpose.

They devalued their currency and stopped orders on imports in the same day.

Deliberate actions.

And they knew what result it would have on the markets.

[Anonymous No.15128706]

>>15127646
>needed to make a trade
>didn't have time
>still working on 300 word essay due at 11:59 in blackboard

FUCK

[Anonymous No.15128707]

>>15127692
>increasingly nervous boomer

[LCIguy !7SgaW5KMQI No.15128717]

>>15128691
as a janitor..... ??

[Anonymous No.15128721]

>>15128672
Like this?

[Dobber !!qEeBALi+hGB No.15128724]

>>15128669
>Hey, that actually looks like an economic recession
>Wow, MSFT for $130?!

>A 10yr/2yr bond inversion, dude!
>It FELL through resistance, man.

>These bears can do anything, just as Abe and Xi!
>Your trading system wants these bears!

>Oooooh, these tariffs!
>I think my agricultural import's explodin'! THESE TARIFFS!

[Anonymous No.15128734]

so im down 500 on my hedge. but i pulled out 90% of my portfolio into cash a week ago. i should be happy that i avoided a bloodbath yet im still angry at the loss of my hedge. FUCK.

[Baggie !!2wgod7RQeJh No.15128739]

>>15128624
Draw your line from December and may bottoms... that's the support trend you'll see the bounce from you newfag

[Anonymous No.15128746]

>>15128694
We still don't know how much money their national team could throw into their markets, and how much their on-shore boys want to pull out (into what? Yuan? Lol)
About to find out ;^)

[Anonymous No.15128751]

>>15128724
I don’t understand. These are Chinese stock traders? I... what’s happening in this conversation?

[Anonymous No.15128759]

>>15128724
Hehe
If I was at home I would Photoshop it

[Anonymous No.15128782]

>>15128721

Yeah, initial collapse followed by range trading until either a massive final sell off or to the moon.

The Fed could still reactivate the boosters with major cuts and QE.

Trump might cuck out on the trade war.

Trump could get impeached.

[Anonymous No.15128805]

>>15128782

>Trump could get impeached.

In retrospect this would probably bring about more uncertainty in the short term, but make no mistake Mike Pence is your standard boiler plate Zio-Con shill GOP guy. He won't be doing a trade war unless he saw it as a national security concern.

[Anonymous No.15128815]

I can't believe there are mouth breathing retards in this thread that don't want cheapies for the next couple years cause they might lose $10 in their Robinhood account.

Fuck off retards I want 2008 level crashes and I'm pretty much all in on S&P index funds.

[Anonymous No.15128841]

https://www.wsj.com/articles/america-needs-an-independent-fed-11565045308

>America Needs an Independent Fed
>Aug. 5, 2019 6:48 pm ET
>This article is signed by Paul Volcker, Alan Greenspan, Ben Bernanke and Janet Yellen.

Anyone got a subscription?

There are no coincidences for a piece like this to be released on a day like this.

They are trying to break Trump.

[Anonymous No.15128843]

I just want to say thank you China :)

[Anonymous No.15128850]

are you lads ready for Black Tuesday?

[Anonymous No.15128863]

>>15128841
The list of people that give a fuck about these has-been kikes opinion is smaller than the amount of people who signed that garbage.

[Anonymous No.15128882]

>>15128863

Yeah, that's why Bernanke, Yellen and Jerome did a combined Q&A in January to pump the markets.

Boomers listen to these cunts and boomers do have money and the do vote.

[gommie faggot !!KRYHRiPqtfB No.15128884]

what's up. it's been a while

[Anonymous No.15128899]

Went all in TQQQ at market close today. Not worried at all, if it comes to it daddy Powell will bail me out with another cut

[Anonymous No.15128902]

>>15128841
>This article is signed by ... [4 boomers]
Ah what do they know
They're about to retire, of course they want a boring market and don't mind bending over to the Chinese. They won't have to deal with it.
Every bit of Boomer fear makes the day a little brighter, it makes the air a little clearer.
I hear the sound of bells ringing from beyond the tall mountains
Jerome flys past on a massive bald eagle, with a Boeing logo on its wings
The boomers cry out again in fear and retreat into their caverns
The most beautiful 2% symmetrical inflation rate I've ever seen is hovering there in the air, glowing faintly
I can see Jerome reaching out to grasp it....

[Anonymous No.15128921]

>>15128884
Howdy
You've been well? The bonds keeping you warm?

[Anonymous No.15128926]

>>15128782
>Trump could get impeached.
>there are people who believe this giving financial advice to others

my fucking sides

[Anonymous No.15128931]

>>15127842
Let the stocks hit the floor
Let the stocks hit the floor
YEEAAH
Come on get down with the sickness

>>15128850
My body is ready

>>15128841
Audit the Fed!

[Anonymous No.15128932]

im totally out of the markets now and I lost ~5% of my portfolio. Aint mad about that desu. I was heavily invested in China.

Futures are down 400 lmao. We 2008 now.

[Anonymous No.15128933]

>>15128899
holy fuck dude, you're down 7.64% in after hours already

[Anonymous No.15128953]

>>15127476
Last time I saw that letterhead on /biz/ TQQQ rallied 130%
https://twitter.com/USTreasury/status/1076959260205113345

[Anonymous No.15128968]

Thank fuck I got stopped out of my FNGU position, switched over to FNGD last week but then sold it too early

[Anonymous No.15128974]

RED DAY

How much have you lost? I lost 3% of my portfolio.

[gommie faggot !!KRYHRiPqtfB No.15128980]

>>15128921
ye they're doing nicely. up about 7% overall rn.

been busy with a new job, but I felt the call of the crash

[Anonymous No.15128988]

>>15128899
Absolute mad lad

[Baggie !!2wgod7RQeJh No.15128999]

S and p futures down 50 points. Nothing major new all time highs are coming soon.

[Anonymous No.15129000]

>>15128974
5% here

[Anonymous No.15129007]

>>15128974
Im down 5% fuuuuck

[Anonymous No.15129019]

>>15128999
lmao okay.

I hope your SSDI holds out boomer.

[Anonymous No.15129028]

>>15128974
only down 1.6% so far
market will have to try harder if it wants to erase my 40% ytd gains

[Anonymous No.15129035]

>>15128815

>market collapses are good, you buy stuff cheaper

literally and absolutely mongoloid

[Anonymous No.15129046]

>>15128980
Hey good luck with the new job
Having an enjoyable, well-paying, stable job is the best thing during these kind of market conditions ;^)
Can't buy the bonds without exchanging your labor for currency

[Anonymous No.15129047]

ITT: autistic white NEETS with less than 1k in the market blaming china for the crash even though china is literally fighting back against the aggressor (trump) raising tariffs yet again

this is how stupid white americans are

[Anonymous No.15129066]

>>15129047
Ok Jamal.

I will take a #2 . Hurry up too.

[Anonymous No.15129069]

>>15128287
I watched this guys real vision interview about hong kong, he basically predicted everything correctly

[gommie faggot !!KRYHRiPqtfB No.15129070]

>>15129046
it's the wageslave life for me, at least for now.

[Anonymous No.15129077]

>>15129066
please feel free to point out any objectively false statements I made

[Anonymous No.15129082]

>>15129047
Ahahaha duuude I have half a mil in play bitch and that excludes cash of $10k+ on the side waiting for cheapie threaholds

You must be a shill for CCP sorry you have a crap desk job and can’t storm HongKong with the big boys of the PLA

[Anonymous No.15129087]

>>15129047
You are dumb
No one is blaming China for the crash
The problem with China is that they are incapable of negotiation. It's just who they are. We, the high council of /smg/, are prepared for any crash. We welcome it.

[Anonymous No.15129119]

[Anonymous No.15129120]

>>15129047
>>15129077

China is a currency manipulator, they are also intellectual property thieves and have gotten the leg up on the US for years because no one had the balls to address them. Trump is the first POTUS to give little enough of a shit to address the bugs.

If you actually kept up with what was happening around you and not what new Jordans were coming out you might be aware of that.

[Anonymous No.15129121]

>>15128188
7% of American GDP is based on trade and more than half of that is within NAFTA.

China could fall into the gook abyss and at most the economy here would drop 5%.

Mexico and Canada are walking around with 6ft hard ons over this. Virtually every global supply chain is looking at moving here and GTFO of China.

You think the big Eyes Wide Shut executive parties on Main Street want to be the ones getting dragged off to the gulag in Hong Kong next week? Have you seen the GTFO out of Dodge market reaction in Hong Kong currency markets?

Investing in US stocks is pretty safe and certainly Canadian and Mexican stocks are cheapies right now. Plus we are looking at multi decade lows in USD on global currency markets. Where are you going to move your money Mr.Global Currency? Euros? Canadian dollars? Please.

Strap in boys. South East Asia will be in flames in a month with every investor fleeing here. Pic related.

[Anonymous No.15129132]

>>15128974
All in short term bonds, so up a little

[Anonymous No.15129154]

>>15127695
52 week low. The last year of gains was just wiped out today.
Turtle market is a scam I knew it.

[Anonymous No.15129156]

>>15128933
>>15128988

>scared of longing American equities

Come on, it’s like babby mode compared to commodities. Never be scared, it can’t hurt you (:

[Anonymous No.15129162]

>>15129121
Absolutely B A S E D post

I tip my hat to you, good gentleman of /biz/, and wish you pleasant speculation until a ripe old age

[Anonymous No.15129176]

>>15129087
negotiations require both parties to consent. if neither party has come to an agreement than it's both parties faults for failing to negotiate.

>>15129121
we're all going to burn at this rate. nobody is moving out of China and into the USA to manufacture barring any significant tax incentives or subsidies offered by the americans. environmental regulations, safety regulations, wages and cost of living all but ensure that whatever china is making is going to be moved to similar countries example, vietnam.

[Anonymous No.15129177]

Japan opened already down 3.2%

[Anonymous No.15129179]

>>15129121
The only problem is irrationally scared people here pulling out atm

[Anonymous No.15129182]

>>15129120
>intellectual property meme
if China steals muh 6 gorillion dollars in IP per year, why isn't there a single startup that address this? wouldn't the superior capitalism of the US generate a company that could prevent even some of the IP theft and make billions of dollars?

or is "IP theft" just literally buying a US product and reverse engineering it, aka what developing countries have done for the last 2000 years?

[Anonymous No.15129198]

>>15129179
Like futures being down -450 now

[Anonymous No.15129210]

>>15129198
This is 2008 man.

We were sideways for a year and a half its ogre.

[Anonymous No.15129221]

>>15129156
i wouldn't mind longing american equities if it wasn't so volatile right now. i really don't see an upside in 2019 or 2020. Powell is going to do a huge rate cut in September but he doesn't even have much ammunition left.

[Anonymous No.15129225]

>>15129210
>We were sideways for a year

[Anonymous No.15129226]

>>15129035
if you've bought less than half the stock you'll buy in your lifetime, you're structurally short the stock market, ie you want the market to go down

[Anonymous No.15129229]

>>15129176
>nobody is moving out of China and into the USA

Vietnam
Thailand
Malaysia
India
Indonesia
Mexico
Colombia

Do you even finance, bro? Did you finish your IBD internship or what?

[Anonymous No.15129234]

>>15129176
>negotiations require both parties to consent. if neither party has come to an agreement than it's both parties faults for failing to negotiate
That is absolutely r_tarded
You even concede that manufacturing is already moving out of China
They aren't giving in because they're stubborn and it could turn out really bad for them
The deal they are being offered is reasonable. But they would rather starve than give in

[Anonymous No.15129247]

hurry up the the burst you fucks

i want to travel to burger land for cheap next year

i'll fuck some of your remaining white pussy, before your country turns into literal ayan rand novel lvl of commi shithole

[Anonymous No.15129249]

>>15129221
Youre supposed to long american stocks when volatility is high so that you capture all the gains when the Vix bleeds back down to 10

[Anonymous No.15129250]

>>15129182
In order to sell to their suddenly wealthy, mindless consumer market of a billion people, the Chinese government makes American companies form partnerships with their Chinese government owned companies. For example of GM wants to sell their shitboxes in China they can only do so by forming a joint venture with Chinese motors. Where they then proceed to steal American tech.

CEOs and boards sign off on it because they only care about pumping their stock options, and governments turn a blind eye to it because they're all paying for their campaign advertisements on a time when a typical Senate race can cost hundreds of millions of dollars in advertisements.

The only people getting screwed are hard working Americans that will eventually lose their jobs. Luckily for America the Chinese are the niggers of Asia and can't into science and technology.

[Anonymous No.15129260]

AAAAAAAAAAAAA MOMMY!!!!
https://youtu.be/faa4N0LdiTU

[Anonymous No.15129266]

>>15129234
how is US companies moving into China a negotiating point? China didn't force them to move and the companies that did move did it under their own volition as part of America's 'free market' philosophy. negotiations take consensus. as long as no agreement is being reached then both have failed. they need to temper both their expectations and compromise. that said, you cannot stack your side with grievances that are not the fault of the other party just so you can later pretend that you 'compromised' on an issue.

[Anonymous No.15129273]

>>15129234
The CCP is a brutal tyrant, theyd wipe out at least half of their mindless pesants before they even think of capitulating. They rule via fear wereas in the US you can openly call for Trump to be killed and be hailed a hero on social media.

[Anonymous No.15129277]

>>15129249
at this stage im not sure we are past the most volatile points is the problem. in fact, im fearful that the last 5 days is just the start.

[Anonymous No.15129283]

>>15129069
neat, will check it out

[Anonymous No.15129294]

>>15129234
also, companies moving out of China is their problem, the same way american farmers are taking a hit. they both have something to lose and accusing the other of not compromising because they've suffered is retarded. are you okay?

[Anonymous No.15129296]

>>15129247
USD is surging. Get blasted, sick degenerate illegal

>>15129249
This

>>15129266
And now the US and Japanese companies are leaving. Build a sustainable economy, dumbass commie cocksucker

[Anonymous No.15129301]

Honestly it isnt today that really is scaring me its the fact that tomorrow is looking even worse

[Anonymous No.15129304]

THREAD THEME

https://www.youtube.com/watch?v=-PRNJJ1-JO4

[Anonymous No.15129305]

i can finally add more tim apple, bill micrsoft, and jeff amazon this week. orange moron giving us a nice discount

[Anonymous No.15129308]

Short or Long AMD/other tech?
Will we recover this week or is this the start of something horrible?

[Anonymous No.15129316]

>>15129296
right and they are free to leave as long as they find it financially viable. so what? nobody is being ordered to do business in china and nobody is saying they can't leave. i don't understand why you're upset?

[Anonymous No.15129327]

Are we going to hit a circuit breaker tomorrow?

[Anonymous No.15129330]

>The U.S. Treasury Department on Monday designated China as currency manipulator, a historic move that no White House had exercised since the Clinton administration.

>“Secretary Mnuchin, under the auspices of President Trump, has today determined that China is a Currency Manipulator,” the Treasury Department said in a release. “As a result of this determination, Secretary Mnuchin will engage with the International Monetary Fund to eliminate the unfair competitive advantage created by China’s latest actions.”

[Anonymous No.15129337]

REAL THREAD THEME

https://www.youtube.com/watch?v=HdWw9SksiwQ

[Anonymous No.15129339]

>>15129277
Vix is at fucking 25 man, thats not going to last. Neither is the extremely overpriced/overbought Yen right now. Plus no 2/10 yield inversion yet, Its pretty reasonable to Buy the Dip honestly, this is even dumber panic than the 2018 dips.

[Anonymous No.15129349]

>>15129327
looks like it's cooling off, not as a big a drop as today but the futures look like it's significant drop still. -1.69% dow, -1.6% sp, -1.79%nasdaq

[Anonymous No.15129351]

>>15129296

>USD is surging

cope harder, your money is just about to get btfo

[Anonymous No.15129362]

Who else is in the "gave up our shorts too easily" gang?

[Anonymous No.15129365]

>>15128576
Stop trying to damage control, Baggie.

[Anonymous No.15129370]

>>15129339
the last bump we had was during the collapsed deal in may, that volatility lasted 2 weeks followed by slightly more volatility 3 weeks later. i think the current escalation is far worse than the one in may.

[Anonymous No.15129377]

>>15129250
>US companies know that they will be giving up their IP by signing agreements to sell in China, but do so under no coercion and in fact increase profits from doing so
>this is china "'""""stealing"""""

holy shit whites are the most hypocritical and retarded race in existence. thank god they won't exist in 50 years

[Anonymous No.15129382]

>>15129362
Me. Too used to markets just washing off terrible news within 10 minutes of open. Like everything about today even though its normal felt so alien. All the failed SPY v's. If it was a week ago the first V would have been enough for a rally and we'd close green. Kinda scared about my AMD and MSFT calls

[Anonymous No.15129386]

>>15129362
it's almost over for the bears, probably green by tomorrow

[Anonymous No.15129391]

>>15129377
Oh now americans are white? You're messing up your narrative.

[Anonymous No.15129399]

>>15129250
those CEOs should all be prosecuted for treason

[Anonymous No.15129400]

>>15129176
Mexico has a much much much more skilled workforce than China.
Mexico has a healthy demography.
Mexico has (relatively) healthy government with the rule of law (relative to China it's Plato's Republic)
Mexico has a 2000 mile border with the world's number 1 and ONLY consumer based economy.
Mexico has oodles of energy resources.
Mexico is protected by the American security apparutus.


Canada does not have a healthy demography, but everything else in abundance.

Name of the Southeast Asia countries that have any more than two of those.

You think China is going to let Vietnam get rich while their country burns??!?

Get real man. I know your women's lit professor brainwashed you into believing China is going to rekt America, but the fundamentals are so on America's side in this fight .

[Anonymous No.15129406]

>>15129391
not all americans are white, but all white americans are retards

[Anonymous No.15129422]

>>15129386
The shitshow is probably going to continue for the next few months. However, Trump can't afford to have a recession during his election campaign, so he's going to do something for the markets sooner or later.

[Anonymous No.15129436]

>>15129382
yeah I saw it starting to correct 30 minutes before close and chickened out. God if I had just held on

[Anonymous No.15129441]

>>15129377
We're talking about unfair trade practices you fucking mongoloid. That was just an example of how China has been getting away with murder for a decade and is just now finally getting called out on it. They are fucked.

[Anonymous No.15129448]

>>15129422
We need a 200bpa cut A$AP Rocky style

[Anonymous No.15129476]

>>15129400
Mexico does not have the same geographic logistics that China has. Oil is cheap remember? that makes shipping trans pacific cheap. wages in mexico are more expensive, same with cost of living, which got even worse with the new USMCA agreement that allowed unions and environmental regulations. Mexico is also, depending on who you ask, IN A RECESSION and cartels are literally beheading people.

China is actually moving their domestic production to vietnam and surrounding countries to escape their own countries higher wages. it has been happening for the last 5 years anon. markets don't care about 'healthy demographic' they care about how much it costs to make and how much it costs to sell. and there is no way Canada or mexico can compete in the area of low-value goods.

[Anonymous No.15129480]

>>15129441
> That was just an example of how China has been getting away with murder for a decade and is just now finally getting called out on it.
> They are fucked.

What kind of sanctions does that entail to consider China fucked?

[Yesterday's OP Anon No.15129488]

>>15128724
This is decent pasta.

[Anonymous No.15129502]

>>15129365
How dare you
Even my phoneposting is noticeably higher quality than that
The only times b*ggie is even slightly humourous is when he's riffing off something someone else posted (usually me)

[Anonymous No.15129528]

>>15129406
Chong is getting mad

[Anonymous No.15129534]

>>15129476
Trump will invade Mexico and cruch the cartles after 2020

[Anonymous No.15129538]

>>15129441
so if they're unfair why dont you just stop trading with them

[Anonymous No.15129546]

>>15129534
and i'll shit gold bricks to build Hillary's prison anon.

[Anonymous No.15129582]

>>15127730
Doesnt this make US goods more expensive for whatever chinese persons were buying?

[Anonymous No.15129585]

>>15129528
I think it's probably a pajeet to be honest.

[Anonymous No.15129601]

>>15129422
I'm thinking this is for the campaign. Rates are too high for his liking, so he said he would increase tariffs, China reacted perfectly, so now Powell has more reason to lower rates in time for the election golden bull run. 4D chess. But the economy will crash after Trump is reelected.

[Anonymous No.15129603]

>>15129582

China doesn't import much American goods m8.

The majority of the things that China buys from the US can be purchased from other countries, like agriculture.

The exception is high level electronics.

[Anonymous No.15129606]

>>15128841
>https://www.wsj.com/articles/america-needs-an-independent-fed-11565045308
>Anyone got a subscription?
heh, you're a cutie
http://archive.fo/fCYLg

[Anonymous No.15129619]

>>15129585
> entering a multilateral trade deal with Asian countries to put pressure on China
I SLEEP
> burning bridges with allies, schmoozing authoritarians and entering a high stakes game of chicken with an autocratic gov't who doesn't care about its people
REAL SHIT

[Anonymous No.15129654]

So how many small specs got stopped out before the short squeeze?

Can we PUHLEEEEEZE dip a little more? I still have a good chunk of cash in my Non-robinhood account.

(My RH account is fucked though kekkies)

[Anonymous No.15129657]

>>15129619
go back to r*ddit zoomer

[Anonymous No.15129667]

>>15129619

[Anonymous No.15129680]

>>15129657
*dabs on you*

[Anonymous No.15129697]

>>15129538
That's what's happening right now you dense motherfucker and that's why there will be no trade deal. It didn't happen sooner because Obongo turned a blind eye for campaign money and nobody cared because we were all focused on Obama phones and trans rights. Now Trump brought the issue to light and even if he loses in a landslide next year Biden or Bernie isn't going to go back to the way things were after Trump did all the dirty work. The game is over for China.

[Yesterday's OP Anon No.15129705]

https://twitter.com/swodinsky/status/1158513213245415424

Bezos cashed out a bill today. We're in for a wild ride lads.

[Anonymous No.15129706]

>>15129654
Small spec shorts are currently at 2018 november-december levels (-60k) which is considered large. updates tommrow.

[Anonymous No.15129712]

>>15129697
shrinking the pot to own the libs

[Anonymous No.15129724]

>holding cash for 6 months

is it finally time boys

[Anonymous No.15129730]

>>15129705
Wait, what? Why?

[Anonymous No.15129750]

>>15129697
>its ok if I lose my job, savings, and pension because i hate those damn CHINKS

[Anonymous No.15129754]

>>15129705
Bezos and Buffett are both sitting on gigantic piles of at this moment. Right now, if you're long, you're wrong.

[Anonymous No.15129760]

ITS ALL OVER

10% DROP TOMORROW

[Anonymous No.15129771]

>>15128323

Are you fucking serious or just trolling?
Trump doesn't know what the fuck will happen like how we don't know what will happen.

This is a gamble that may or may not work out in America's interests.

[Anonymous No.15129787]

>>15129760
Eh, I wish

Futures are calming down

[Anonymous No.15129794]

>>15129754
Buffet isnt sitting in cash by choice, he just has too much to spend. They were using this same fud literally while he was buying banks and apple last year

[Anonymous No.15129799]

>>15129706
oho... please post when it does, if you happen to check.

I can't imagine they aren't taking their profits after that insane VIX run... but we shall see. Fear/Greed doesn't show beargreed, as far as I know.

Oh wait... so were small spec net short? Then they not getting stopped out today? Just mom & pop?

[Anonymous No.15129802]

>me at 30 minutes before market open finalizing my decision
"TVIX up 13%? Surely that's an overreaction, i'll just stick with sqqq and fxp"
>goes up 28% by end of day, additional 17% after hours

FUCK

[Anonymous No.15129807]

>>15129787
Futures traders are more retarded than /smg/.

[Anonymous No.15129815]

>>15129476
In a world where everyone like you is rooting for an American failure, do you think oil will stay cheap?!?! How many tankers out of the Persian Gulf will need to get mined before oil goes up to +$200 barrel? What then when the 60% of global supply chains in South East Asia shut down because of no fuel? What then?

Do you think Vietnam / Malaysia / Taiwan will remain low cost?

Due to America pulling away from the global trade order, will costs go up or down in Asia where oil production is near zero and entirely dependent on America keeping shipping lanes open? Where Japan is the only Asian country with a blue water Navy? What Japan is going to escort Chinese oil pro Bono out of brotherly love? Can't see that holding for long.

Mexico has cartels and mountains, but opening a plastics factory in Mexico is much much much safer than opening one in Vietnam right now because inputs and outputs of energy are colocated there.

[Anonymous No.15129843]

>>15129815
>Persian Gulf will need to get mined
wait what? Iran hasn't been mining the gulf, has it? That's maximum self-cuckery.

Oh man I forgot about Iran. They're still so desperate for Donnie's attention, they might do something stupid soon. I guess I should've bought gold...

[Anonymous No.15129860]

>>15129802
>>15129807
I think the VIX needs to hit the 2018 max before we know this is all over but I’m also sloshed on Nipponese whiskey so that is jus imho

MAGA

Gotta ride out this wave of Vol like Tsi surfin the azure waves of Hawa’i’i

MAGA

****

If they shut down 4ch, just know it was an honor posting here with all Anons — G-d bless

[Anonymous No.15129866]

>>15129815
what the fuck are you talking about dude? how am i 'rooting for america's failure' when im presenting facts of the matter? it's people like you who can't have an honest discussion.

oil will stay cheap as long as the global economy is depressed, as it CURRENTLY IS. i'm not going to speak about the price of oil as if it's certainly going to rise or fall, it is what it is now. Vietnam, Malaysia and Taiwan will be comparably cheaper than Canada and mexico for the foreseeable future. the supply chain for electronics is situated in that region and it is less developed, so wages and cost of living is cheaper. not to mention the obvious far more stable than Mexico.

relax. geezes people like yourself always people who don't agree with you as 'OMG YOU HATE AMERICA'. grow the fuck up.

[Anonymous No.15129875]

>>15129799
There was a news event so I wouldnt be surprised if the number is unchanged.
Large specs have been increasing longs the past few weeks and small specs increasing shorts. So the small specs probably took profits but after the recent news events, more smalls entered shorts.
And often times, like the May dip, the large specs simply stayed out and let small specs move the market simply so they could wipe them out and exchanges take the money

[Anonymous No.15129902]

>>15129750
Pensions don't exist anymore because of these issues. Jobs won't exist anymore if it keeps going on. Short term pain for long term prosperity or short term prosperity for long term pain.

I want to do what is right for America in the long term despite having to sacrifice. Not enough people agree with me and that's why America's days are probably numbered.

[Anonymous No.15129919]

>>15129902
shut the fuck up hick

[Anonymous No.15129945]

People overreacting is screwing with the market again. Reminder that everything willing go back to normal.

[Anonymous No.15129954]

>>15129860
Who is trying to shut down 4ch?


How are we going to know when the absolute bottom is on this crash?

[Anonymous No.15129971]

FUCK THJIS FUCKING MARTKET I HATE EVERYTHING SELLLLL

[Anonymous No.15129992]

Shanghai and Hong Kong exchanges open up in 20 minutes ~
Excitement never ends

[Anonymous No.15129998]

>>15129919
Lol I live in the middle of a major city and probably made more this year than you have in your entire life. As any other young successful guy I'll buy the dip and just make twice as much money when it recovers.

Stay mad nigger. I guess the upside of a total collapse is I wont have to throw you "people" some scraps off my paycheck to keep you from rioting.

[Anonymous No.15130061]

Hehe, T Babies still standing strong while everything else (almost) just shats and burns!

I'm still in the Green, not by much I'll admit but hey it's better than being deep in the Red.

I'm so glad I bought during the Mega Dip.

[Anonymous No.15130071]

>>15129992
Where can I watch the carnage?

[Anonymous No.15130076]

>>15129875
huh... dang this really sounds like a big nothing to me though, I was pretty surprised when he didn't label them currency manipulators to begin with. I guess he had more hope for a nice one-sided deal back then.

Market is a harsh bitch. Looking at the COT right now and trying to follow their movements. Not sure how they crush the small specs, just short squeeze them? Looks like they bought the hell out of the dip while smalls stayed net short.

Actually maybe I'm getting the hang of the these charts. That is one HELL of dip... We have to be oversold tomorrow morning if we open big time red, right?

[Anonymous No.15130087]

>>15129992
will be green by the open

[Anonymous No.15130090]

Can we get flags on /SMG/ already? CCP shills are C O P E mode tonight

[Anonymous No.15130102]

>>15130076

This isn't a dip, this is a capitulation.

Two scenarios;

1. We rally a little bit and then go sideways.

2. It drops like a stone to June 3rd and December 24th levels.

[Anonymous No.15130106]

>>15130087
nikkei out the door -2.56%. we are so fucking dead.

[Anonymous No.15130119]

Imagine if I actually had money to invest. Been 50/50 TVIX/SQQQ for a month now. Held when down 15% overall two weeks ago
Anyone else make money shorting/going long on volatility today?

[Anonymous No.15130129]

>>15130119
how are you so poor, literally learn to code lmfao

[Anonymous No.15130156]

>>15130076
Ive said this long before, theyre just extending the trade deal until 2020-2021
Like look, if they raised the SPY to 400 this year on a trade deal that would be too much, they have to drag things on as long as possible so it doesnt get overheated. Everything has a solution. All time highs will come again soon

About the May dip, yes the large specs literally allowed the small specs to drop the market on low volume before raping them after the mexican bad news event

[Anonymous No.15130180]

>>15130129
I make mucho dinero but until last month have invested into RE and firearms or been a faggot. My target is $10,000 by 1Q20 with also adding funds to the account from paycheck.
I'm addicted now

[Anonymous No.15130196]

>>15127730
Trump said he would hold off on tariffs if they came to the table. China flipped the table instead.
So here we are.

[Anonymous No.15130202]

>>15130129
>>15130180
and I know VBA! lmao
I'm a newfag from /k/. HelloI was one of the guys over the weekend telling you jebronis to go fucking hard into TVIX and to expect insane volatility

[Anonymous No.15130206]

>>15130196
So what happens now?

[Anonymous No.15130215]

LMAO drumpf is gonna cause a recession

[Baggie !!2wgod7RQeJh No.15130225]

Futures barting the fuck up. Were going straight up from here. Hope you didn't sell the bottom.

[Anonymous No.15130244]

>>15130225
copper and oil both up

[Anonymous No.15130279]

>>15130202
>VBA

[Anonymous No.15130292]

>>15129121
As some one who worked in multiple manufacturing plants in the US the decade the manufacturing situation in the US is more symbiotic with China than people think

[Anonymous No.15130297]

>>15130156
I really, really like that image. Those clown shoes, very nice.

I feel like I should be more freaked then I am. 25% tariffs is likely. As much as I’m bleeding, we’re not really oversold.

Spy 400 this year would be the definition of overheated market and stock market exuberance. But I don’t totally buy that the stock market is the tail wagging the dog, telling trump to fuck with China because investors are making too much money. But maybe it does give him the leeway to blow the deal up every time it hits ATH.

[Anonymous No.15130300]

>>15130225
Can you elaborate or put some numbers behind it? I'm still learning. So future expectations of indices are moving upwards relative to right now?

[Anonymous No.15130301]

>>15130206
Trump squeezes them until they pop, China tries to hold off until the election to see if he gets unseated.
Anyone doing business with China gets fucked in the meantime.

[Anonymous No.15130302]

Why don't we just embrace free trade yet? All protectionism has done is drive us into a recession.

[Anonymous No.15130306]

https://www.cnbc.com/2019/08/06/china-pboc-sets-yuan-midpoint-at-stronger-than-7-per-dollar.html

>That important line is at seven yuan per dollar. In Monday’s Asian afternoon trading hours, the onshore currency changed hands at 7.0304 against the dollar, while the offshore yuan traded at 7.0807 against the greenback.

>On Tuesday morning, the People’s Bank of China set the yuan fixing at 6.9683.

[Anonymous No.15130311]

>>15129705
Oh fuck.

[Anonymous No.15130314]

>>15130129
How to make money from learn to code? Getting tired of trying to break into my field of choice.

[Anonymous No.15130349]

>>15130300
Dont listen to baggie. He gives bad advice because it's funny.

[Anonymous No.15130372]

Hope SCHD falls to $44.00 on the 15th of Aug. Cheapie, Cheapie. I like Cheapie. Especially if it pays a Fat Divvy.

[Anonymous No.15130379]

>>15130372
Payday?

>>15130349
DELET

[Anonymous No.15130384]

>>15130372
I have SCHD and SCHB in a Roth and custodial, and desu have been waiting for a good chance to average down. Almost did last week, but whew after today might give it some more time.

[Anonymous No.15130392]

>>15130302
There was already a trade war going on long before Trump did anything. And there was already protectionism too.
The problem was, the Chinese were the only ones fighting and setting up rules to benefit their economy. The Obama administration wasn't doing anything
We can't control what the Chinese will do, we can only respond in kind (or do nothing and suffer long-term economic disadvantages for "free")

[Anonymous No.15130403]

>>15130279

What's wrong with VBA?

[Anonymous No.15130416]

Futures pumping.

[Anonymous No.15130418]

>>15130279
I work in finance, and at the time when I learned VBA I was working for a fast-rising owner/operator of specialty RE who didn't know shit about databases but used Excel all the time as one. Eevrything was manual. They understood the importance of data analytics but weren't programmers or engineers and didn't hire smart enough consultants I guess.

50+ assets reported daily leasing activity and all kinds of operational data on competitors, year-over year trends, etc. I would take these individually from a emails from each 50+ property manager and more or less copy/patse into an aggreggation workbook for charting and data table outputs.

Obviously retarded but they were doubling their AUM overnight with institutional capital flows and their shit wasn't scalable. They scrambled to get a cloud based reporting system in place but I learned VBA over the course of long nights and all weekend for a month and automated almost fucking everything. My shit interfaced with Outlook, Word, Printers, Internet queries, I basically used excel as a database and a queriable reporting output thing, which Excel fucking sucks at. I'm not a computer scientist or math guy or w/e but I became God there. Everyone uses Excel and I had to as well.

So fuck you VBA has very nice albeit limited applications in the financial world.

[Anonymous No.15130437]

>>15129705
>>15129730
>>15129754
>>15130311

This is why I can't take anyone on 4chan seriously.

Insider trading is heavily limited by the SEC, who sets sell dates in advance.

[Anonymous No.15130441]

>>15130349
>>15130225
oh man i missed the trip. I've been laughing at his posts a good bit over the last month. he got me

[Anonymous No.15130459]

>>15130418

There's nothing wrong with that except using excel as a database.

I use SAS as a database to perform queries and shove the output through VBA.

[Anonymous No.15130464]

>>15130297
its all part of the high tech new age manipulation that keeps american stocks going up forever

>trade deal soon
spy 2800
>no trade deal sorry
Spy 2700
>ok just kidding trade deal for real
Spy 2900
>no deal
Spy goes back to 2800 instead of 2700
>trade deal guys
Spy 3000

see it all about getting that bottom line up so theres more buffer room. It benefits investors

[Anonymous No.15130486]

>>15130392
>we have to shoot ourselves in our feet because they shot themselves in their feet

[Anonymous No.15130500]

If it all comes crashing down, we're in for the mother of all cheapies. We need to compile a list, stocks to get that will survive the crash and that will makes us $$$$$$$$$$$$$$ lets do this lads

[Anonymous No.15130524]

>>15130500

This is a childish way to look at it.
Many people who saved and are planning to buy at low points will lose their jobs.

Savings will go towards general life expenses and not equity.

[Anonymous No.15130531]

>>15130379
>SCHB
Yeah 15th I get paid. Sucks. Gotta wait for 10 more days. Oh well maybe it's for the best. Shit might fall even more between now and then.

PINS is holding up rather well I gotta say. It's my only position showing green across the board.

[Anonymous No.15130543]

>>15130437
>Oh I got divorced because I was cheating on my wife and now i need to sell half of my shares. This is totally legit marriage related reason and not the product of inside information, right SEC?

[Anonymous No.15130552]

>>15130392
Economics isn't zero sum. Tariffs are bad for both the US and China. Everyone is losing this trade war.

[Anonymous No.15130584]

>>15130543
Insider trading is good for most traders. It makes prices more stable. The only people who lose from insider trading are other insider traders.

[Anonymous No.15130619]

>>15130552

>Economics isn't zero sum. Tariffs are bad for both the US and China. Everyone is losing this trade war.

Bullshit. Wealth is zero sum. Zero sum between classes and between countries.

China's percentage of the economy has gone up since 1990, while America's percentage of the economy has gone down.

Worker's wages have gone up in China, while America's wages have remained stagnant.

[Anonymous No.15130655]

>>15130619
wealth is not zero sum mate. i have a car. do i need to give up my car so you can have one? for me to get a gold bar, do i have to take it from someone else? c'mon dude don't be this retarded.

[Anonymous No.15130678]

>>15130552
>>15130486
The point of the trade war isn't to impose tariffs. The point is to force Beijing to play fair, to play by the same rules as everyone else.
Inflicting tariffs and things that cause some market upheaval isn't the goal, it's just a step taken to get the Chinese to negotiate. As so many in the thread have said, if we don't put pressure on them they're just going to try and wait us out

[Anonymous No.15130706]

>>15130619
I know my salary ain't changed going on 5 years now. But my other shit keeps going up.

The thing that pisses me off most is that the Gov hiked the mid point salaries for all the state pay grades. But current workers who make under mid point won't see a dime of that extra money. My case I make under the old mid point (before the hike). If they raised everyone to mid point I'd make 10k more a year.

They only jacked the mid points to act as bait. To lure people to work for the state.

[Anonymous No.15130715]

>>15130524
You do realize that people got rich during the 08/09 crash, right?

[Anonymous No.15130724]

>>15130655

>for me to get a gold bar, do i have to take it from someone else?

There is a finite amount of gold, with very small amounts being produced every year from mines. You're not doing your argument any favours.

>do i need to give up my car so you can have one?

No, because the amount of cars on the market isn't a set amount and they aren't rationed. They are continuously being produced.

Wealth is finite and it can be pissed away and gained.

[Anonymous No.15130725]

>>15130403
nothing, it's just not an optimal language in in optimal platform. it's been patched along since 1991 my dude it just fucking works . It covers the Office Suite, which I dunno, might be useful for automating a lot of financial service office work, or even do bookkeeping/invoicing yourself without buying gay software as a small business owner. Think of the possibilities.
read the image posted in >>15130418

[Anonymous No.15130734]

>>15130459
I agree with you Excel is a terrible terrible database but I had to use it given the existing work processes. I know SAS or SQL is much better.

[Anonymous No.15130739]

>>15130678
if we strip away political and national bias, what we have are two parties that want the same thing in different ways. both are trying to get whatever they perceive as an advantageous to their own well being. the problem becomes that is whatever end deal, if any, going to be worth all the loss time, profit and friction created in the process? my bet is no since i'm fairly certain that China will not capitulate unless the terms are, in their opinion, fair. but this is why we're screwed. fairness is completely subjective. we don't have a 3rd party unbiased arbitrator to compel either of them to accept a deal.

[Anonymous No.15130763]

>>15130531
T-baby boomer, you alright. I can't believe a company like T is faring this well. T got a mention on Mad Money tonight as a "safe haven" stock to consider because of its yield.

Fuck me though, I thought I was was being clever scalping up shares of SCHG, SCHD, JPN, and EWG after hours the other day. I could've flipped it for a tiny profit, but now I'm a big ole bagholder.

>>15130619
Economics is not zero sum though. When humanity makes great leaps in productivity, like during the tech boom when personal computers became a thing, and then all the productivity bonuses from email, and then smart phones, etc... It was a net gain for economic growth.

>>15130543
Jesus... better to be lucky than good, right?
I thought this was about the FCC chair kekk

[Anonymous No.15130778]

>>15130724
there is a finite amount of gold on the planet, true. have we hit that point no. because extraction requires labour and specialized equipment. will we ever mine out all the gold on the planet? probably not. will the price of gold reflect that? probably. but for me to get a bar of gold and for you to have two bars of gold doesn't mean i MUST take it from another person. you take it from the earth. that's the difference. you both have gold and are more wealthy.

>>No, because the amount of cars on the market isn't a set amount and they aren't rationed. They are continuously being produced.

exactly so can we not argue that cars, either luxury or beaters are part of wealth? so the belief that wealth is zero-sum falls flat on it's face with this acknowledgement, we can MAKE wealth from resources. it doesn't require us to take it from each other, it requires that we take it from our surroundings.

[Anonymous No.15130781]

Looks like futures already peaked. Oil down, gold up, index futures rolling over.

[Anonymous No.15130783]

>>15130678
>The point is to force Beijing to cease their high tech industry development and bend the knee to America

[G O O D B Y E M O O N M A N No.15130785]

Black Tuesday lads.

It's imminent.

Goodbye lads. It was fun.

[Anonymous No.15130791]

What if a democrat wins after this massive correction. We will be eating tree bark.

[Anonymous No.15130825]

This is a critical moment

I am already FOMO’ing

What if this is a monumental buying opportunity?

I would feel better if we retested the Dec low but this might be a great chance to buy in . . .

[Anonymous No.15130844]

>>15130763
I don't love SCHD honestly...
Not enough Merck and UNH, too much Pfizer, Exxon Mobile, Intel, Macy's, and Best Buy.

>>15130778
>>15130724
This is why, as stupid as the idea of space mining is, if we were to grab some space gold, or if a gold meteor landed gently on earth, it would increase the wealth of humanity as a whole.

I think that's right. Is that right?

>>15130791
lol

[Anonymous No.15130849]

Only Noble geomagnetic correlation traders get this. G1 storm, no coincidence markets are roiling.

[Anonymous No.15130860]

>>15130825
This is a sign to keep shorting.

[Anonymous No.15130861]

>>15130715

Yes, if you held onto your stocks and managed to keep your job, you would have become rich if you continued to buy during the low points.

However, many people did not have that opportunity and lost their jobs.

[Anonymous No.15130881]

>>15130849
AÀAAAAAAAAAAAAAA
AAAAAAAAAAAAA
AÀAAAAAAAAAAAAAA

someone make a new thread
Not candy corn pls

[Anonymous No.15130902]

>>15130881
just a sec

[Anonymous No.15130908]

>>15130416
N E O N G R E E N

>>15130418
>>15130129
What can I start learning in my spare time if I dedicate myself to it can I use to make some real moneys.

I always used to hear that businesses needed spreadsheet guys, and coders, (and data scientists). I need to step up my game and make some money while there's cheapies to be had. Especially if we do end up eventually hitting a recession.

>>15130881
Alright, give me a minute. I already blew my wad with that anime waifu roll image, and now I need to look through my pics for a second.

Oh, nvm, this guy is on it.
>>15130902

[Anonymous No.15130920]

new you lazy stupid -_-;

>>15130914

>>15130914

>>15130914

>>15130914

[Anonymous No.15130935]

>>15130619
Wealth is zero sum? Then please explain how we have transitioned from all men owning nothing but rocks and sticks to a society in which even the dirtiest African farmers can stick a television in their hut. If wealth is 'zero sum', then where the fuck did this come from? Who was it taken from in the neolithic era?

Your idea is patently nonsense. Obviously, humans have capacity to create value that wasn't there before. You CREATE wealth the moment you grab a rock and wooden rod and sharpen it into an object of greater value - a spear - that can be used to hunt animals.

Raw wage increases have been eaten away by government rape of insurance that companies are required to furnish to their employees. There's no money leftover to increase wages when the cost of providing a functioning medical plan has risen tenfold thanks to all this big government nonsense. Benefits have taken away financial gains that would have gone towards wages.

The real enemies of the people will always be the parasites in Washington. They use the Chinese as a distraction to divert attention away from their own crimes.

[Anonymous No.15130997]

>>15130908
Literally read that >>15130418 book nigger. John Walkenbach is the tits. Then advertise those skills in job market or approach small business with ways in which you can improve all that boring tedious manual Excel work! Everyone hates it. Now you're a business consultant
Or just learn a web coding language and do that. I don't know too much about non-vba stuff and it's relative value, just its high value in the business world.

[Anonymous No.15131030]

>>15130778

>you take it from the earth.

Again, we've already established gold is finite. The available supply for private purchase is finite. Production is minuscule compared to available stores.

I have two bars of gold. You want gold. You buy a gold bar from a gold dealer. His inventory is depleted by one bar. There is less gold bars available for purchase.

>exactly so can we not argue that cars, either luxury or beaters are part of wealth?

Very few cars are investment grade vehicles. The vast majority are deprecating constantly and are more of a liability than an asset. They are utilities to get from A to B. Nothing different than a horse made from steel and aluminum.

>so the belief that wealth is zero-sum falls flat on it's face with this acknowledgement, we can MAKE wealth from resources. it doesn't require us to take it from each other, it requires that we take it from our surroundings.

Making products from resources in of itself doesn't create wealth, it's the value attributed to those products by others and their demand in the market place that creates wealth.

If you not selling for a profit, you're giving away your resources, products and labour for below your initial investment. You're destroying your wealth. Bad investment.

Similarly, if you're buying the products of another nation continuously. You're sending wealth overseas. You're building up their industry. You're making them rich. Products that could have otherwise been made in your own country, and possibly be sold for export.

You need to go back and understand how nations become world powers. They were mercantile. Over and over again. They were mercantile. The United States was HEAVILY mercantile during the 19th century, early 20th century and during both world wars.

Great Britain sent gold on ships to the United States to pay for war material in 1940-1941. I wonder why.

[Anonymous No.15131055]

>>15130844

>if we were to grab some space gold, or if a gold meteor landed gently on earth, it would increase the wealth of humanity as a whole.

If it's gold, it would just dilute the price of gold. Gold is just like any other commodity desu, constantly in flux in comparison to the dollar.

Or if you're a gold bug, the dollar is in flux in comparison to gold.

[Anonymous No.15131058]

>>15130997
OK thanks I'll check it out.

That looks like a fun and shiny toy, but I'd rather have the cash to buy dips. Can't fire stocks, but can't DRiP toys...

[Anonymous No.15131091]

>>15128235
Something tells me Wednesday will be on that chart.

[Anonymous No.15131123]

>>15131091
We would have to rally HARD tuesday for that to happen, or someone gonna have to bomb pearl harbor or something

[Anonymous No.15131145]

>>15129998
>he doesn't work at a place that provides him a pension

How does it feel working for a company that doesn't care about you?

[Anonymous No.15131254]

>>15130935

It's all about relative prosperity. We can look back in time and see where and when people had more wealth than those around them, and better living standards than those around them.

We contrast those times with ours to see where the the wealth has flowed within the world.

The average Briton in 2019 lives much better than his counterpart from 1912, but undoubtedly in relative terms COMPARED TO THE REST OF THE WORLD, Britain as a whole is less affluent, less powerful than it was in 1912.

Retards, I swear.

[Anonymous No.15131320]

>>15131123

Some of the hardest one day rallies happened during the most turbulent times in the markets.

[Anonymous No.15131374]

>>15130119
I feel you anon. I'm trying but the amount of money I'm starting with is very low. Been increasing it as much as I can with regular deposits and good picks, but it's only 6x what it was in May.

[Anonymous No.15131397]

>>15130418
>automated almost fucking everything
>interfaced with Outlook, Word, Printers, Internet queries
>used excel as a database
>I became God there

I manage IT in major financial institution. Your kind should be shot on sight. You are the reason we can't have nice things, you fuck.

[Anonymous No.15131428]

>>15131374

Mate, x6 is a glorious return. You should feel proud, you're literally doing a better job than fund managers.

When you're pushing 8 years of savings into a particular instrument though, it affects your ability to trade initially. You're overly cautious (or what you think is caution) and you think of the man hours it took to achieve the money in the first place.

But if you pick the right investment, at the right time, with the right amount and exit at the right time at the right amount, you'll never have to wage slave again.

[Anonymous No.15131602]

>>15131397
I was our IT, idiot. Did you even read my post? My company had no technical knowledge of IT or datasystems, and neither did I. I do cash flow modeling/investment underwriting, I have a background in accounting. I learned this in my spare time with no background in programming and saved 4,000+ manual man-hours.
My point was that VBA is very useful in financial institutions that still utilize excel for one-off models for underwriting and other shit. Excel is extremely versatile and a great tool. What it is not is a database, and VBA isn't efficient.
You should be shot on sight for being a retard. Go ask Karen if she tried restarting her computer.