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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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>> No.17840359
File: 219 KB, 1054x1334, 1569984124775.jpg [View same] [iqdb] [saucenao] [google]
17840359

It's been nice meming with you bros

>> No.17840371
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17840371

Rubbing my hands raw right now

>> No.17840382

Is this the buy-in point yet?

>> No.17840397
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17840397

Bottom's in lads, time to buy!!!

>> No.17840398

>>17840371
this triggers me as a spacefag

>> No.17840407

>>17840398
The funny thing is, I actually made money on it during the pump as well. I've fucked this thing both ways.

>> No.17840410 [DELETED] 
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17840410

>>17840333
The /biz/ discord link is discord.gg xFuuSTZ

Join, we are currently watching the markets tanking
ffhjyres

>> No.17840417

>>17840382
This is just the beginning, anyone who hasn't already cashed out entirely or isn't shorting is a retarded bagholder asking to live in a box.

>> No.17840418

>>17840382
Yes if you want to bail someone holding the bags

>> No.17840422

>>17840407

Think we're getting another epic short squeeze this fri?

>> No.17840437

Should I buy inverse ETF’s at open? UVXY?

>> No.17840451

>>17840333
>tfw only like $1500 to buy in in a few weeks

Im never going to be rich.

>> No.17840454

>>17840410
Every time i join 4chan discords its full of autism, is this one too?

>> No.17840456

>>17840417
The collapse is already priced in tho.

>> No.17840457
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17840457

so how many of you think friday was a dead cat and its going to tank again in a few hours?

>> No.17840461
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17840461

>>17840333
>tfw graduating this spring into a recession

why bros

>> No.17840462

>>17840422
It will pump a bit yes but SPCE and other meme stocks will probably benefit less as people flee for safe havens

>> No.17840468
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17840468

>> No.17840470
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17840470

Buy the dip.

>> No.17840472

SPY puts on market open, yay or nay?

>> No.17840473
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17840473

How do you decide the target price for selling a short etf?

>> No.17840480

>>17840457
If european and asian markets are anything to go by that's a smart bet

https://www.marketwatch.com/investing/index/ukx?countrycode=uk

>> No.17840484

>>17840456
2 weeks ago a co-worker said "corona is already priced in" I said, good luck with that.

And here we are now.

>> No.17840504

>>17840456

Stop fucking saying shit you don't know, they didn't price anything in, last week they weren't able to predict every country would be shut down this week, some yes, but markets even were pumped friday. We're fucked and getting more fucked and don't be in denial.

>> No.17840506

exit out of everything immediately, or wait for an attempt to pump the market?
I might hold on to my MSFT though

>> No.17840508

>>17840484
I thought it was too. Seemed to be for a while. Corona was rampaging all over and markets went up further and hit another ath. Made me think it was priced in. Until Italy got it, then it dumped.

>> No.17840514
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17840514

DIVVIES ARE FRENDOS

>> No.17840515

>>17840382
Question: Do you think this is the end of capitalism and that the whole system will come crashing down?

If yes: No, don't buy now.

If no: Start cost-averaging in. A drop of more than -30% from ATH is not a bad starting point for regular buys. Put in maybe a quarter or third of your funds, then see what happens. For context: If you bought into 2008 at -30% you were in the green within 12 months, despite markets tanking down to -50% inbetween.

>> No.17840519

"It's priced in" is one of those things that make me want to slap someone. If everything was always priced in, there would be no such thing as value investing.

>> No.17840526

>>17840457
basically a confirmed fact with futures the way they are

>> No.17840527

>>17840472
I say no, mainly because they're already down. Wait for a small bounce then load up on puts.

>> No.17840531
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17840531

buy steel?

>> No.17840530
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17840530

WHY NOBODY TALKING ABOUT THE THOT INDEX ARE WE NOT BULL ??

>> No.17840541
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17840541

If businesses stop paying dividends, does this mean my friends have abandoned me?

>> No.17840544

>>17840457
Wasn't even a bounce, was negative for parts of the day, they just pulled a final, desperate, fake and gay fed pump at the end

>> No.17840548

Serious question, why are you guys such morons?

Can you not see that this crash will continue?

They're shutting down NYC.

What level of denial do you need to buy right now?

>> No.17840552

>>17840484
Literally impossible to price in a pandemic we can't really control and that we don't even know enough about. Our information is perpetually two weeks out of date wrt the virus' spread, and two months behind wrt economic data. Anyone claiming they know where the bottom is, is lying to themselves and to others. If you're going to listen to anyone listen to epidemiologists, not CNBC hacks.

It'll be "priced in" when it's over, which is likely not for months.

>> No.17840558

>>17840470
u ain't seen dip yet buddy. u buy now u'll make even in 2 years.

>> No.17840569

>>17840531

Who is going to be using steel right now? Lol.

>> No.17840571

>>17840484
>corona is already priced in
>have no idea how effective quarantine measures will be in which countries
>have a very limited idea how far out the vaccine is
>have no idea what the mutation rate is
Anyone, ANYONE that says corona is already priced in until we're both past summer and past a global pandemic peak is a lying whore or a brainlet.

>> No.17840576

>>17840548
>>17840552
Nah, we'd price it in just fine if 40% of Americans wouldn't be such low iq bots that still don't know corona has nothing to do with the beer brand.

>> No.17840579

>>17840548
Markets can only ever move down. All things return to null.

>> No.17840582

>>17840461
Welcome to the club, zoomers

>> No.17840594

>Restaurants in NYC and LA ordered closed except take out
Could... could my MCD actually be a decent HODL?
Or too much international exposure and shit?

I guess most people probably go when they’re already out, and wouldn’t leave to make a trip exclusively for MCD, and they’re not gonna be going out much?

>>17840506
I’m in deep deliberation about exactly that.

>> No.17840597

>>17840470
I already bought the last 4 dips. Now 80% stocks 20% cash and down thousands already. Feelsbadman

>> No.17840598

>>17840457
Futures fell almost 5% in the 20 minutes they were open before being halted again XD

>> No.17840613

>>17840552
>Literally impossible to price in a pandemic

It's not even about pricing in a pandemic at this point. That's just a red herring.
There was a depression coming up anyways, disease is just the catalyst that got things running.
Market has been climbing on hot air for ages and now that it starts coming down, effects of the cheap money start showing their head as debt ridden people and businesses start getting utterly fucked.
We have been in an everything bubble for ages. Also keep in mind that we never left 2008.
Only thing that has propped this house of cards up is the money printing and low interest rates. Corona could disappear overnight and we'd still keep on going down.

>> No.17840619

>>17840548
People who buy are not delusional, they're just planning to hold for decades. The only thing that would make that a bad investment would be the complete collapse of capitalism.

>> No.17840631
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17840631

>China's sales and industrial output -20%
LMAOOOO

>> No.17840635

>>17840576
Markets can't function without the basic assumption that human beings are rational.

Unfortunately, humans are not rational (esp. when dealing with abstract crises), and therefore the markets will never price in a pandemic properly before it's too late.

>> No.17840642

two circuit breakers in one day

and bitcoin will drop to 2.5k

>> No.17840644

>>17840333
Help niggers! I am new to shorting and I want to short DB. Where can I do this? My own bank?

>> No.17840656

>>17840548
This is pretty much unprecedented
Not buying means that you have no confidence in the combined efforts of all central banks to stop the slide.
Anyway I bought a little on Friday, but now it looks like all the banks can do is mitigate the damage rather than recover.

>> No.17840657

>>17840619
That I understand.

But there are people losing cars and houses here, what the fuck?

There was a guy saying that now he couldnt pay for his kids schooling anymore. Seriously?

>> No.17840667

>>17840619

>decades

Good luck when companies go belly up because we're going to be shut down for atleast a month maybe more.

>> No.17840673
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17840673

>>17840582
Well I guess the /pol/ dream of "le based reactionary zoomers" is dead and gone now

Zoomers gonna be commiepilled by recession just like millennials were

>> No.17840685

>>17840657
>Seriously?
you should always be leaning towards no around here, but for some of us yes.

>> No.17840686

>>17840656
>Not buying means that you have no confidence in the combined efforts of all central banks to stop the slide.

It DOES mean that

>> No.17840692

>>17840656
I have zero, and I mean zero (0), confidence in the efforts of the central banks. They will only make this worse.

>> No.17840693

>>17840613
COVID-19 is the primary driving force of fear right now. People aren't afraid the bubble is burst. They're afraid COVID-19 will burst the bubble.

Stocks aren't the economy. If the bubble isn't burst, people will keep riding it until it does or its bursting becomes inevitable and imminent.

>> No.17840710

>>17840667
The current estimate is September 2021 for when the virus will "taper off"

>> No.17840713
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17840713

I have bout with about 20% of what I am going to buy.
I started on thursday. Now I continued today. I will continue buying as it goes down.
I'll try to time biggest chunk to the bottom, but I know it ain't gonna work. But I'll try.
If we go to 2-5 years downward recession, so be it. The money I'll be dumping on stocks the following 2-5 years is much more than this stack I'm going to dump right now trying to time the markets.

I firmly believe the world will not end, and in the end I will win.

>> No.17840733

>>17840713
Based knifecatcher

>> No.17840740

>>17840692
tell us your holdings anon. because stocks are a tangible asset, cash isn't. if you're holding cash, you're actually the fool trusting the central bank. equities are a good hedge against inflation.

>> No.17840746
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17840746

>> No.17840748
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17840748

>>17840642
Wait until the halvening
BTC < $1000 soon
Imagine being one of the fools that bought that shit when it was over $10K

>> No.17840751
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17840751

>>17840673
Or maybe... a different kind of pill

>> No.17840769

>>17840548
>What level of denial do you need to buy right now?

what else are you going to do? Empty out the investment account to buy physical gold and real estate ? lol.

>> No.17840770

>>17840748
buy btc at the halvening, got it

>> No.17840780

>>17840751
fucking socialist scum
get out of my america you bernievoting trashboy LARP

>> No.17840798
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17840798

>>17840769
Well...yeah

>> No.17840800

Who is ready for CNBC kino this morning

>> No.17840807

>>17840710

I was just being conservative for the nothingburgers in the chat, it's amazing how many people make uninformed opinions often times in america based off their political orientation.

>> No.17840816

Still can't tell if I should go in to FTSE now or wait a few days. I think it's levelling out.

>> No.17840823

>>17840780
lmao even fuck news is turning nazbol you libertarian/liberal

>> No.17840828
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17840828

>>17840673
based reactionary communist zoomers are the future, nazbol gang will reign supreme.

>> No.17840829

>>17840751
Only way this could have happened is if Mexico had gotten fucked by coronavirus instead of us, and then the wall might have looked like a good idea

Instead our shitty health system is getting exposed as is the general incompetence of the trump admin. Dunno why people would go fash because of that.

>> No.17840841

>>17840504
stop projecting

>> No.17840844

>Morgan Stanley says markets are in their bottoming phase
>https://twitter.com/business/status/1239397492170657797
You did buy the dip, right anon?

>> No.17840850

>>17840816
put in half now and the other half in a month when it's 25% lower so you don't lose quite as much

>> No.17840849

>>17840807
I'm more amazed how many people consider themselves investors without understanding basic cause and effect and sociology.

>> No.17840853

FUCK BOOMERS. HAHA FUCK YOUR RETIREMENTS.

>> No.17840856

>>17840823
alright I'm going to take the bait and simply ask:
wat?

>> No.17840859

>>17840770
That might just pay off, honestly

Einstein was right in that the only thing he was sure was unlimited was human stupidity. If you buy that shit at the bottom and wait another seven years, it might see $10K again

>> No.17840863
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17840863

I-is this worse than 2008?

>> No.17840874

>-9.56%

>> No.17840883

>>17840841

I'm shorting i don't need to project i got profits coming in today.

>> No.17840885

>>17840740
I have assets in anything the central banks can't control and am planning more. But now I want to short that piece of shit DB just to put my money where my mouth is. I have been telling people that POS will fall for years.

>> No.17840889

>>17840829
I can definitely see a lot of countries manufacturing more of their own essential goods after this.

Why buy when new companies will emerge?

>> No.17840890

>>17840863
maybe
anyone who tells you anything else probably has an uncle who works at Nintendo

>> No.17840892

Walking in and reading a few things -- most insane -- Mnuchin says he doesnt expect US to dip into recession -- out of touch -- good luck today !
hahahaah the thinks its not recession yet
ITS NOT THE BOTTOM

>> No.17840900

>>17840863
Potentially

>> No.17840906
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17840906

>>17840863
We'll know in a month fren.

>> No.17840911

>OPEC, NON-OPEC TECHNICAL MEETING PLANNED FOR MARCH 18 IN VIENNA HAS BEEN CALLED OFF - OPEC SOURCE
>https://twitter.com/FirstSquawk/status/1239497196711464966

>> No.17840918

>>17840863
Absolutely.
How could you think otherwise?

Even if this stopped in a month (it won't) it would STILL be worse

>> No.17840922

>>17840800
Watching boomer heads explode is always entertaining

>> No.17840925

>>17840863
2008 was a financial crisis. This time, it's the real economy getting fucked, not just finance.

>> No.17840933

>>17840892
Lots of economists are saying US recession is less likely than so because apparently economists and epidemiologists don't travel in the same social circles.

>> No.17840934

>>17840823
tucker carlson is nazbol

>> No.17840936

So if I couldn't buy my shorts friday, when should I buy them today?

>> No.17840941

>>17840911
>After a dizzying drop in demand and an about-face in Saudi Arabian production policy, global oil markets face the possibility of the biggest crude surplus ever recorded, according to IHS Markit
>https://twitter.com/business/status/1239497151333400576
So huge surplus, and a drop in demand because of the virus?

>> No.17840943

>>17840863
It's literally just a flu, the elites engineered a panic to deflect the blame from themselves as they initiate the 'dump' phase of the cycle.
It's a controlled burn and we'll be back on trend in a year.

>> No.17840945

>>17840863
I hope so.
Economic crisis is necessary to usher in the collapse of the post war democratic liberal order which will be replaced by race based nationalism and result in the deporting of all darkies.

>> No.17840950

>>17840800

Bloomberg only for me lad i can't handle the idiocy on CNBC

>> No.17840954

>>17840863
Nah. In 2008 many people really thought that the global economy had come to an end. I've talked with many people who made money in 2008 crash and they all said that in the end it felt like a leap of faith. One guy told me he honestly thought it was 50/50 that ANY company would go bankrupt, or whole stocks system and euro itself would collapse.

Does it feel like the whole monetary system is about to come crashing down? Nah. Some companies might get in trouble with debt, but thats it. We're far from 2008 imo

>> No.17840967

>>17840863
It's like the 2008 bubble but bigger plus a virus that chokes out half of the world's businesses.

>> No.17840971

>>17840863
it's worse in the sense that it hasn't crashed home prices (yet) so I can't fully take advantage of my equity gains by buying a cheap house

>> No.17841001

i can take a 12k loss on vtsax and still get out of this with 90k, should i yeet the fuck out or suck it up and stay in?

y'all are the only people i can get advice from before this shit gets real in a few hours

>> No.17841008

>>17840950
But that’s the fun of it

>> No.17841014

My rich grandma had a shit ton of money in the market, and just switched it all over to bonds. Is that smart ?

>> No.17841015

>>17840971
Home prices won't crash until the boomers start dying en masse.

>> No.17841020

>>17841001
Sell or youll lose it all

>> No.17841022

>>17840933
Economists are literally doing shit like saying "if u look at historical precedent we can't actually drop that much further" while not taking into account that we haven't had a crisis like this in literally 100 years. You can't meme line a pandemic-driven economic shock.

>> No.17841041

>>17840863
the magnitude is going to be worse, but the nature of the crash isn't as bad
2008 was "banks might cease to exist in a week"
2020 is a worldwide economic slowdown due to the virus

>> No.17841043

>>17840693
>Stocks aren't the economy.
They shouldn't be, but they pretty much are the only economy that matters.
Fundamentals haven't mattered one damn bit in most fields for ages.
For example the software companies in Silicon Valley have been living on hype and are dramatically overvalued, yet no one gives a shit because there's a huge return for investors. Same thing goes for most companies and that's the real economy right there.
It's all just cheap money being pumped into stocks to prop up companies and now that game is coming to an end.
Stock market is also the only reason people even have pensions at this point.
When market tanks we'll see the boomers get fucked by millions and we can wave goodbye to the pension system as we know it, no matter what the real economy does.

>> No.17841047

>>17841020

damn dude. you think it's really gonna be that bad? i don't mind a 12k mistake if i'm able to reinvest on the way down into my boomer vtsax and just come back stronger anyway

>> No.17841048
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17841048

>>17840515

>> No.17841049

which phone app should i use to track the market?

>> No.17841053

>>17841001
don't make the same mistake I did bro.
It feels really bad to lose 60%+

>> No.17841060

>>17841014
less retarded than just keeping it in stocks

>>17841015
>have you seen the death rate

>> No.17841061

>>17841001
If a it's a long term investiment no, you dca in or you cover a little by shorting.

>> No.17841063

>>17840950
Cramer and Faber have some good shit that's hard to get elsewhere. They do get some of that privileged info and aren't so bland and structured like bloomberg so they actually get to drop some.

>> No.17841077

>>17841061

it is a long term investment, wasn't gonna touch for a few decades, but i'm thinking i can sell, take the 12k loss, then reinvest with dca on the way down

>> No.17841086

Fuck man, Musk is so lucky that he raised tesla money at the top

While downplaying COVID 19 too baka

>> No.17841087

>>17841041
the fed literally suspended reserve requirements
banks are going to collapse anon

>> No.17841092

>>17841022
I don't fucking get it, epidemiological growth functions are basic Calc 3 bullshit. How did these fuckers become economists without getting a grasp on exponential growth?

>> No.17841094

>>17841041
We're now closer to banks getting fucked than ever before. This isn't a slowdown, this is a debt crisis exploding into everyone's face on a global level.
People just haven't realized it yet.

>> No.17841106

just put down 40k on shares of UVXY, SQQQ, SPXU, and SPXS. Am I gonna end up homless?

>> No.17841110

>>17841001
I think that the US is going to order a nationwide quarantine by the end of the week, so the market can go lower.
So much information since Friday... to the failed response now, yep it's going to go lower.
I'm going to eat my little 8% loss and get out ASAP

>> No.17841114

fuck this is so comfy

>> No.17841117

>>17841094
How come you've realized it then?

>> No.17841127

>>17841087
so are all you guys in cash and shorts and inverse ETFs?

>> No.17841131

>>17840954

>We're far from 2008 imo

The severity of the crash in the last month far exceeds anything seen during 2008/2009.

>> No.17841138

>>17841077
Depends on how much would it cost if you sell and buy again, try to calculate it but mind that you won't know when the bottom to get back in will be.

>> No.17841140

4/17 F put strike $4
Should I sell tomorrow or holllld?

>> No.17841142

>>17841110
>I think that the US is going to order a nationwide quarantine by the end of the week
i need to get my ass to korea asap

>> No.17841149

fuck this country for not letting me trade options without sending the broker a confirmation letter!!!!
holyshit im missing out so much

>> No.17841150
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17841150

>cheapies everywhere
>my currency also became cheap

>> No.17841152

>>17841106
We all are after the economy collapses, anon

>> No.17841154

>>17841110

fuck man. i literally just got into the mindset of buying and holding and then two months after investing, this happens. I really don't like being scared and selling but i think this is a little different and i dont mind taking a 12k loss (that i can possibly earn back through dca on the way down)

i was dumb enough to lump sum invest and that's why im here

>> No.17841162

>>17841087
More Free Money™! Time to leverage ourselves to stupidity buying everything in sight!

>> No.17841169

>>17841110
>I think that the US is going to order a nationwide quarantine by the end of the week
You're an idiot. We're moving fast, but not that fast.

Also even if we were moving that fast, Trump is WAY too much of a jackass to actually pull that trigger when it is needed due to all the political damage.

That's a month out at least.

>> No.17841181
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17841181

>>17841114
a man after my own heart. I mainly lurk, but its just so damn comfy rite now

>> No.17841183

>>17841117
Deutsche Bank has recovered since EUROcrisis you memer.

Now American banks will suffer from the 0% rate squeeze too.

>> No.17841194

>>17841150
oh canada kun!
at least you went into cash and didn't lose too much moneys... but you may want to go into safe havens like the USD and a little bit of gold

>> No.17841198

>>17841047
I made a profit off of the 08 crash. Trust me. This is bad enough that major companies might liquidate and new companies will emerge, not just because of the drops we've seen, but because of how long this is projected to last.

>> No.17841199

>>17841181
I miss those days, before everything was pepe's and wojacks

>> No.17841207

>>17841194
*australia

>> No.17841209

>>17840531
no plastic

>> No.17841215

>>17841127
I'm poor, so I only got my cash

>> No.17841223

>>17840461
Same. At least i have a real degree but i'm still not looking forward to the competition.

>> No.17841228

>>17841092
Economists who aren't on TV all the time get it.

But the ones who are, and especially the talking heads on CNBC/Bloomberg etc, are obliged or pressured into not doom-saying too much. They will always try and find the "silver lining" even when it doesn't exist. That's why occasions like Cramer's rant in 2008 to Bernanke are so legendary: they're extremely rare. No one is willing to tell the truth because no one is willing to risk their paycheck or the ire of their producers/wealthy and powerful friends.

>> No.17841238

>>17841127
I just put pretty much all my money into inverse ETF's. I might be fucking up though I have no idea.

>> No.17841239

>>17841198

so you recommend selling, taking the 12k loss, then reinvesting during the inevitable decline?

i only have a few hours to potentially save my inheritance here

>> No.17841241

SOXL SHILL ARE YOU OK

>> No.17841248

So if you want a safe option, invest in any major drone company.

>> No.17841249

Anyone else sad they didn't buy enough puts on Friday?

>> No.17841252
File: 1.89 MB, 160x120, 1398534949.gif [View same] [iqdb] [saucenao] [google]
17841252

/biz/ don't do it please, it's not worth it
You've got so much ahead of you, you can recover from this

>> No.17841257

>>17841249
AMD?

>> No.17841258

>>17841169
>You're an idiot. We're moving fast, but not that fast.
Colleges are not re-opening for spring semester.
Public schools closures are only increasing.
College sports are over.
Professional sports have no start date in sight.
New York and Seattle are shutting down all entertainment and eateries.
Airlines are slashing flights.
Major retailers are on reduced hours or closing.
Las Vegas is closing down.
Countless conferences are canceled.

>> No.17841263
File: 61 KB, 540x511, 17j7na.jpg [View same] [iqdb] [saucenao] [google]
17841263

>Oil dropped below $30

>> No.17841268

>>17841239
Absolutely pull out. Anyone saying otherwise is in deep normalcy bias denial

>> No.17841273
File: 27 KB, 361x413, 1496750439344.jpg [View same] [iqdb] [saucenao] [google]
17841273

for you SPY options memers, how do you determine how far out of the money you buy calls/puts?

>> No.17841276

>>17840552
How do I price in a 50% reduction in the average consumption of goods and a 20% reduction of world population in one year???

If first worlders can't get their meds and produce excess GDP for the world some places are going to burn and starve...like Africa

>> No.17841296

>>17841228
Cramer DID say "they know nothing" last thursday, but he didn't freak out and shout it, tried to play it cool. Then Mnuchin called him while he was on the air, and he changed his tune. Then we got that 180 from trump on friday.

Am I crazy for thinking they put that together on thursday because jim said that?
Trump doesn't listen to many people who aren't on TV

>> No.17841302
File: 65 KB, 554x400, p1525521835995.png [View same] [iqdb] [saucenao] [google]
17841302

>>17841258
Finally i'll be able to afford a thot.

>> No.17841303

>>17841258
+ LA shut down this morning . SF is next

>> No.17841306

>Just went to the supermarket
>only 2 tins of food permitted per customer
>over an hour queue

At least I already prepared, no point queueing for an hour for 2 extra tins of baked beans

>> No.17841308

>>17841169
>That's a month out at least.

I don't know, there seems to be a pretty strong trend going by the situation in other nations.
It's possible that he's already discussed it with governors and to cushion the impact the locals are shutting things down first
The meetings with everyone including grocery store CEOs, the emergency Fed measures, his virus expert publicly floating the idea of a two-week quarantine over the weekend
well not that it matters I'm bailing at the bell

>> No.17841313
File: 61 KB, 800x760, 7DC9C308-8BCA-4E0B-A6DC-CC5A858E7D25.jpg [View same] [iqdb] [saucenao] [google]
17841313

>tfw being in med school in europe for a degree which is only recognized in the EU which might not exist in a few months

>> No.17841319

>>17841263
if it gets to $20 im throwing alot at it

>> No.17841321
File: 107 KB, 768x566, Bogged.jpg [View same] [iqdb] [saucenao] [google]
17841321

>>17840748
But but Max Kaiser told me to go all in and join the BTC gang. Pls don't be true

>> No.17841322
File: 408 KB, 1113x964, please respond.jpg [View same] [iqdb] [saucenao] [google]
17841322

>>17841181
do you have this comic in original form?
it's really hard to find it unedited and also not in shit quality.
please give it to me if you have it bro.

>> No.17841323

>>17841276
>>17841276
>20% reduction of world population in one year
What? Isnt' that the survival rate for like 90 year olds?

>> No.17841331

When does dow trading open?

>> No.17841334

>>17840382
Wait until this shit blows over. They're shutting down whole States on the West coast right now. I think you'd be safe after at another 3-4 thousand point drop. Remember that all this did was put us back at the year open of 2019. We actually haven't lost anything beyond the insane highs from the last two years. Then a ten percent correction would put us somewhere around 20k. It's no reason to panic. I pulled out just for those tasty gains. Even in 2008 when the dow dropped to sub 7000 it was right back up within a year or two. That was a little over half the market from an ath. Lowest this shit is possibly going is 15k. If it goes anywhere between 15 and 18 and trades up for two days straight I'm all the fuck in. If you got stuck bag holding just hold and try to sell a nut or something so you got some cash for when it goes back up. At this point if you bought in the last two years it's not even worth selling.

>> No.17841343

>>17841268

senpai i am scared. i didn't want to sell. i really didn't. i wanted to invest wisely over the long-term. and then this happens two months after lump sum investing vtsax like a tard instead of being patient and DCA / watching the market. i'll consider myself lucky i only lost 12k. i need to really educate myself before i fuck this all up

>> No.17841344

>>17841323

He doesnt mean the virus will kill 20%, social collapse will

>> No.17841347

hi, never invested in stocks in my life here.

I should start now, yeah?

>> No.17841350

>>17841273
the IV on these options is going to be so high when the market opens that you're probably not even going to profit even if you guess the correct direction.

you will get raped by the cost of premium especially if you are only just learning about this shit right now.

>> No.17841351

>>17841331
2 hours 46 min

>> No.17841353

DO I SHORT Z OR DIS
DO I SHORT Z OR DIS
DO I SHORT Z OR DIS
DO I SHORT Z OR DIS
DO I SHORT Z OR DIS

>> No.17841354

>>17841323
Cause and effect

If the hospitals are at capacity for months with boomers and the supply lines for medications are down, people will die of OTHER things

>> No.17841356
File: 147 KB, 1125x939, 35EAC277-0FE4-4BB0-A55B-9F43E737FEED.jpg [View same] [iqdb] [saucenao] [google]
17841356

>>17841313
>tfw in the middle of some useless meme it degree from a community college
I’m the real victim here

>> No.17841359

>>17841239
Losing $12k of $90k is a small price to pay if you're actually worried.

>> No.17841361

>>17840461
>tfw in gradschool
might as well stay, I won't be missing out

>>17840673
That meme was never real to begin with, zoomers are already as progressive as millennials are according to that one study not to long ago

>>17840863
Potentially, that depends on what sectors of the economy get affected the most.

>>17841258
>>17841169
A mandated quarantine by the states or the feds is different that an amalgamation of independent closures. Enforcement matters as well, in the US things are not being coordinated well right now.

>> No.17841363

>>17841276
Dude Africa is fucked if the first world stops giving them gibs. Their population has been artificially raised so high from that shit. You pull it out and who knows what's going to happen. It's like how the deer population growth rate is so fast it actually threatens to wipe out the entire population, because they get to a point where there's twice as many deer as the population cap and they all starve. Who knows how far above the population cap Africa is.

>> No.17841368

>>17841331

Just under 3 hours.

9:30 EST, 1:30 UK, 2:30 Europe

>> No.17841372

>>17841306
fuck me dead where do you live? ive already got a small stack, a few packs of noodles (you know the 5-pack ones) and some pasta. i want to get more cans but no one here has started to panic buy that shit yet

>> No.17841375

>>17841258
Yes, and none of that is because of the federal government.

The feds literally just said "eh, let's give it 2 months of completely optional guidance of no assemblies of 50 or more and we'll see where we stand"

Fuck's sake, there are local state, and federal officials actively telling people to tell the CDC to fuck off and hit the bars, restaurants, and clubs.

Half the country doesn't understand yet, specifically the half Trump is worried about pissing off. He isn't gonna shut down the country for what he sold as no reason just 2 weeks ago.

>> No.17841377

>>17841343
Its not your fault at all, your own government lied to you for months

>> No.17841396

>>17841363
>You pull it out and who knows what's going to happen.
europe will experience unprecedented levels of diversification

>> No.17841397
File: 83 KB, 790x510, 1557547477323.png [View same] [iqdb] [saucenao] [google]
17841397

Britbong here, I'm losing so much money, holy fucking shit.

>> No.17841402

>>17841350
definitely wont be buying at open thats for sure. just curious really, the only puts ive bought so far have been at the money, i havent risked anything beyond that yet. the spreads on some options for stocks is absolutely insane

>> No.17841404
File: 14 KB, 235x214, trilliondollarcoin.jpg [View same] [iqdb] [saucenao] [google]
17841404

>>17841092
Remember Krugman the NYT economist has proposed fake alien invasions and minting a trillion dollar coin

>> No.17841405

>>17841239
If you only lost 12k of your 90k its fucking nothing, you should be thankful, I lost 20% of my entire portfolio before pulling out last monday. Made everything back in inverse ETFs in the meantime but it was an extremely risky bet.

>> No.17841409

>>17841372

UK, Tesco previously rationed 5 per customer, now its 2 per customer.

I bought hundreds of tins of food with ease back in January and February, now normies are queueing up for over an hour for 2 tins of beans

>> No.17841418

Reminder that it’s the institutional investors and their computers mercilessly crashing the stock market. Less than 1 in 5 normal people have even touched their stocks in the past few weeks.

>> No.17841419

when can I buy a put option today? can't see shit in Trader Workstation, is it because the exchange is still closed?

>> No.17841428

>>17841397
Why the FUCK do you still have stocks in your portfolio you absolute retard? You had an entire week to sell them.

>> No.17841427

>>17841343
a 12k loss with 90k left to re-invest isn't bad at all considering the scope of the crisis

>> No.17841429

Thread theme
https://www.youtube.com/watch?v=5yfMDyB_-sU
Back on the rocks, back on the rocks, baby.
You gotta keep your mind together.

>> No.17841435

When do the markets open in the USA?

>> No.17841444

>>17841117
Because I have more than two functioning brain cells.
Seeing debt hit record highs on all levels from people and businesses to countries, should be enough of a sign for people that there just might be something going on here with cheap money saturating people and businesses.
Loan delinquencies are also hitting high levels and this is during record low interest rates.
What will happen when rates go up? It's going to be a clusterfuck no one has ever witnessed before.
Also companies are running on debt money. We can already see businesses buckle only a short time after Corona kicked them in the balls. There's no real profitability anywhere, it's all god damn cheap money that's been propping things up. Stock buybacks and cheap loans.
Then there's the fact that many banks are constantly living on the edge, like for example HSBC which is basically propped up by the Hong Kong real estate market.
That's going to play out nicely for them when the rates start moving and/or when people stop buying.
Deutsche bank is getting raped in front of our eyes too.
Can you seriously look at this shitshow and think it's not 100% cheap money related horseshit that has led to this?
Corona is the pin that pricks this bubble and eventually people are going to realize what we're seeing isn't just virus related economic slowdown at play.
Corona is now wrecking shit and will speed things up a lot, but it's not the reason things are going to be falling so hard in the long run.
This is going to be a bank depression in the end.

>> No.17841448

>>17841377

i just tried to sell all and transfer, it says "This transaction cannot be entered online because it exceeds your funds available for withdrawal."

what the fuck? i am literally fucked if i can't fix this

>> No.17841458

>>17841347
If you want to hold long and a ~10% crash happens today it is relatively safe to buy into a less affected stock that performs well like AMD. You won't be making millions but it's a good deal. For any other position you likely lack the capital to risk on such a volatile market.

>> No.17841459

What do I do with my banks mutual fund anons? I already lost like 15k. Do I just "wait it out" like the bank guy on TV said?

>> No.17841465

>>17841435
couple of hours

>> No.17841466

>>17841419
9:30 ET when market opens, no premarket for options. But if you didn't know that STAY THE FUCK AWAY FROM PUTS. You obviously have no idea how they work. Buy SQQQ instead

>> No.17841468

Ah shit... Am I going to sell after ANOTHER 10% loss?
>>17841377
Yeah but I knew they were liars and trump was always full of shit...

>> No.17841472

>>17841459
Never let anyone manage your money for you. They do not have your best interest at heart.

>> No.17841476

>>17841308
>It's possible that he's already discussed it
No, it isn't. There are literally governors bitching on twitter that it's the only platform they're able to reach the feds on.

You have WAY too much confidence in Trump and Pence (who is the dumbass actually running this shitshow, although Trump will block anything politically damaging, ie effective, from going through without his say so).

Fauci is WAY out over his skiis and I'm surprised he hasn't been sacked yet.

>> No.17841486
File: 512 KB, 1304x1080, 1577171537652.png [View same] [iqdb] [saucenao] [google]
17841486

>>17841428
I didn't want to sell at a 25% loss.

>> No.17841487

>>17841402
>the spreads on some options for stocks is absolutely insane
this is a pretty good thing to learn about when you're new. if spreads are wide imagine trying to offload these in a short amount of time? its super fucked and youll get gapped fills which will either reduce your gains or sometimes accelerate your losses.

another good indicator you can get from spreads is that if are quickly tightening theres about to be a move in the underlying.

>> No.17841488

>>17841418
well they are retarded then

>> No.17841495

>>17841409
alrighty well im probably going to have to go back to the supermarket and get more in that case. i live in ausfag land but since these buying trends tend to hit us a bit later ill try and make sure im more prepared. all the pasta and rice is gone at the local supermarket so far, but thats about it. im starting to think that they are encouraging people to buy cans of shit, since they started putting discount labels on all of it a few days after people started buying all the toilet paper. must be trying to dump their old stock bags

>> No.17841497

>>17841466

My trade account with JP Morgan called You Invest won't let me buy SQQQ. Do I have to wait until the market opens?

>> No.17841499

>>17841466
I bought some SQQQ. First stock I ever bought. Am I going to make some money?

>> No.17841504

>>17841169
This thing is growing exponentially. Doubling every 3 days. In a month you will have 1000x more cases. Plus the reported number of infected is a week behind the actual one because that's how long it takes for people to start showing symptoms.
Look at what Europe is doing, eve countries with 100 cases or less.

>> No.17841505

>>17841356
At least you probably one paid a small amount for a community college degree instead of $100K+ from some stupid liberal arts college

>> No.17841508

>>17841435
This is such a fucking dumb question. Just look it up

>> No.17841515
File: 133 KB, 690x313, 1561505505976.png [View same] [iqdb] [saucenao] [google]
17841515

>>17841429
nice
hot shit

>> No.17841523

>>17841361
yeah I know the reactionary zoomer meme was bs but this really puts a nail in it. If they were lefties during the "greatest bull run in history" I can only imagine what they'll be like in 4 years

>>17841363
I don't know why people keep saying this shit. It's like they're permanently stuck in 1985. Sure there's areas that are still like this (DRC, Somalia) but Africa as a whole is undergoing massive economic growth and development. Most people now have internet access and are increasingly educated, while birth rates have been rapidly falling.

>> No.17841528

>>17841435
930 EST

>> No.17841532

>>17841361
>>17841375

The Feds are going to do what they always do, the frog in boiling water approach. They aren't going to shock & awe their own population. When there is effectively nothing open besides the grocery for a few hrs and the hospital people aren't going to give a shit about travel restrictions.

>> No.17841534

>>17841486
Mate just sell now. You're delusional if you think this is the bottom

>> No.17841548

>>17841418
uhhh
source?

>>17841476
>Fauci is WAY out over his skiis
What do you mean? I've been looking to him as the only one worth listening to.

>>17841476
Which governors? got any links?

>> No.17841550

>sell
but if you had to invest...

>> No.17841553

im sensing more activity here than usual

>> No.17841556
File: 142 KB, 710x461, 20200316_205312.jpg [View same] [iqdb] [saucenao] [google]
17841556

Reminder, the only safe options rn.

>> No.17841557

>>17841476
Well you're betting that the administration has their thumbs up their asses and won't issue a quarantine for a month, while I'm betting that it will be by the end of the week.
Either way I see a 20% drop, easily more which is why I'm not HODLing my stock

>> No.17841561

>>17841323
If africans can't get their rice, beans, cornstuff from the first world who is going to feed them? who is going to ship them malaria antivirals? AIDS antivirals? Africa may turn into hell on earth in the fall.
Meanwhile the oil states will be forced to pump more as the price drops. They have welfare states to maintain. If they don't their populaces will revolt. Meaning the bottom to crude could be very low.

Looking into next year...lets say factories are closed for the majority of this year. Will there be enough fertilizer for the next growing season? or will crop yields get completely BTFO next year?

>> No.17841562
File: 541 KB, 1200x1505, 1515175865958.jpg [View same] [iqdb] [saucenao] [google]
17841562

I sold my ETFs last week after they were down 16% (avoided another 10-15% drop). Thinking of buying back in after everything dumps today. Surely it can't drop much further, r-right?

>> No.17841563

i'm trying to get out but 45k of my 90k are unavailable until 3/18 holy shit

>> No.17841567
File: 429 KB, 616x842, lainpod.png [View same] [iqdb] [saucenao] [google]
17841567

>>17841486
You already know where to go from here, right anon?

>> No.17841568
File: 337 KB, 1080x2280, Screenshot_20200315-191352_Robinhood.jpg [View same] [iqdb] [saucenao] [google]
17841568

Imagine not Puting on Friday

>> No.17841576

>>17841486
Enjoy that -50%
Or holding for the next 5 years to recovery assuming none of them go bankrupt.

>> No.17841580

>>17841562
Normally I would say yes but a quarantine is coming and the horror stories from the virus will start rolling in.

>> No.17841593

>>17841561
Based and understands the world pilled

>> No.17841597

>>17841334
>If you got stuck bag holding just hold and try to sell a nut or something so you got some cash for when it goes back up.
Nah I got spooked out of the market during last year's spring euphoria and been sitting on cash waiting for something like this to happen.
I'll watch if China's supposed recovery isn't just smoke and mirrors for a while, and probably start averaging in.
My main concern was ETFs going haywire in a liquidity crunch but that doesn't seem likely now with the printers going full brrrrr.

>> No.17841599
File: 316 KB, 1080x2340, Screenshot_20200316_105318.jpg [View same] [iqdb] [saucenao] [google]
17841599

>>17841397
Sorry for your loss... But what were you thinking?

>> No.17841600

>>17841562

Why don't you idiots use fundamentals, it's ridiculous, idk if you're memeing but the economy is coming to a SCREECHING HALT. Almost every major city in america will be closed down by the end of the week. LA, NY already shutting down everything. Give me a break man.

>> No.17841611

>>17841562
you talking about regular ETF's or inverse ETF's?

>> No.17841616

>>17841600
Shit has been crashing for weeks. At what point is all that priced in?

>> No.17841617
File: 294 KB, 1920x1080, 1583724426887.jpg [View same] [iqdb] [saucenao] [google]
17841617

>> No.17841620

>>17841499
Honestly gonna be risky, you might be buying a local bottom. If you hold it past today you're gonna need an iron stomach
>>17841497
I don't even know what that platform is. Don't mess around with options if you are new. Learn about the risk involved and how the greeks influence the price. You also have to realize that they are a zero sum game, for you to win others have to lose. Do you really think you have an above average knowledge of options?

>> No.17841623
File: 373 KB, 500x485, 1564178671015.png [View same] [iqdb] [saucenao] [google]
17841623

>Tfw just sold at a 30% loss

You convinced me too..

>> No.17841628

>>17841466
I do know how they work, I just never bought stock market options

>> No.17841630

Ok, so we've had a couple of huge rallies after huge drops. Who's been buying after each crash and do you think those guys have lost their confidence yet (i.e. no huge dead cat bounce tomorrow?)

>> No.17841631

>>17841600
>fundamentals
>short term happening
When this shit is over apple and amazon will be vanished?

>> No.17841642

>>17841562
We're only half way there

>> No.17841645

>>17841568
i wish I had puts on NCLH before the meltdown

>> No.17841648

>>17841466
SQQQ is like ETHBEAR? it goes up when SPY goes down?

>> No.17841661

okay guys VTSAX guy here

i can't sell the shares and send the profits to my bank but i can sell them and place the proceeds in my vanguard money market settlement fund. same shit right? i gotta do this right? i gotta get im gonna get fucked so hard fuck

>> No.17841662

>>17841623
BUY BUY BUY, THIS IS THE BOTTOM

>> No.17841663

>have $60k cash in trading account
>Only buy $5k worth of puts last Friday
This was my only chance bros...

>> No.17841666

>>17841630
>who's been buying after each crash
the fed
how are you this sheltered

>> No.17841669

>>17841486
it's a fucking KRACH you're supposed to sell when you still have time. When a wikipedia article was created on monday about the 2020 stock market crisis maybe you should have thought "now's the time to sell". Just fucking sell now, yes it's a yuge loss but we are nowhere even near the bottom yet. When we actually reach the bottom and the fear and greed index switches, buy back your stocks.

https://en.wikipedia.org/wiki/2020_stock_market_crash#Black_Monday_(2020)

>> No.17841670

>>17841662
NO FUCK OFF NO WAY IT'S NOT

>> No.17841681

>>17840359
subtle keke

>> No.17841685

>>17841623
Well when everything is shut down you'll have cash and be able to spend you time looking for cheapies instead of worry about how much your stocks are falling
This isn't going to end the financial system so once this virus passes (three months?) we are going to see growth

>> No.17841701

>>17841600
because, loss aversion, and always, ALWAYS possibility of insane rallies after a massive dump like that. some of the biggest % gains have been made during bear markets. Sold some stuff on friday, didn;t sell enough. Been sleeping through market hours because I stay up until right about now.

>>17841669
you're supposed buy when we're at peak fear...

>> No.17841702

>>17841322
unfortunately not

>> No.17841703

>>17841620
What's a local bottom? Surely the markets will continue to fall?

>> No.17841708

Thinking of buying SLVP (silver mining). It's really really low.

>> No.17841711

>>17841499
big risk but yes you are. If tomorrow is a green day, HODL your SQQQ, there is a 100% chance the market is crashing.

>> No.17841715
File: 106 KB, 574x398, Well.jpg [View same] [iqdb] [saucenao] [google]
17841715

>>17841444
Exactly. This is what I've been saying to people for years but everyone just brushes it off like it would never happen.
Money is worth less and less with each passing year, while the trickle down rate is decelerating as well, but instead of trying to fix the issue companies and markets just doubled down on blind growth by relying on the next layer of consumers able to afford their services while neglecting the increasing number of the ones who couldnt.
What this does is create massive debt because the regular citizen won't stop living their life, so they will just take debts to compensate and inevitably default. The education industry is the prime example of this, but it happens with all industries.

This whole thing leads to a downward spiral where suddenly no one can afford anything anymore and debts can't be paid and banks collapse as well as any form of investment because there's no liquidity left and no one can afford to buy.
It was only a matter of time before it happened, and corona was just the pin needed to burst the bubble.

>> No.17841729

>>17841670
I'm just jossing you, we're fucked until may-june at least

>> No.17841747

>>17841648
It's an inverse ETF, so yes

>> No.17841749

>>17841548
>What do you mean?
I mean he's being too frank about how bad this is going to get. He actually even gave an actual final cfr prediction, which was insane. I do not think he is operating on any sort of leash. I don't think the warnings he's been giving have been cleared by Pence or Trump. As far as I can tell he's trying to be as frank as possible and hoping he becomes notorious enough that firing him would be seen as a bigger red flag than the ones he's sending up.

I meant it in the sense that he's ahead of the administration's timeline on breaking the bad news. Let's be honest here, the administration has charts they aren't showing us that show different models for how this may grow over the next few months and if ANY of them were good we'd get to see them. They know how fucked we are even if they might be in denial or want to limit the economic damage by hiding it as long as possible.

>Which governors? got any links?
Pritzker was bitching about the airport mess Trump caused. Pence finally got in touch with him afterward.

>> No.17841752

>>17840371
whats 37, the number of puts? or your price per share

>> No.17841757

>>17841257
Puts on anything. I should've dumped more money into this shit

>> No.17841763

>>17841701
>you're supposed buy when we're at peak fear...
Uh...no? You're supposed to buy after the peak fear when the index recovers into greed territory, that's your signal. Extreme fear just means the bottom is not even in sight yet, it will keep dropping.

>> No.17841762

>>17841661
yes the cash doesn't go directly to your bank, it goes to your brokerage institution which then allows you to withdraw it after a period
As long as you sold, you have cash not stock

>> No.17841770

>tfw passive investor with a sensible 20-year strategy based on dollar-cost averaged regular investments

Feels pretty good not to get as worked up as you guys are about a few small bumps in the road

>> No.17841771

>>17841523
Of course there's been growth, It's been greatly aided by the west providing foodstuffs for stability along with constant intervention to create stability. It's not hard to raise a people from mud huts to metal sheeting huts and to give them fertilizer so their previous low yield agriculture has some decent yields.

Why do I say this? Lets take a look at South Africa. When did it have its highest HDI? right around when aparthtied was abolished. Life Expectancy? same thing. stable electrical grid? not anymore.
If you want a look at what most of the world will look like soon there is a book, it's called "Planet of Slums".

>> No.17841779
File: 227 KB, 1242x1227, 1563285810879.jpg [View same] [iqdb] [saucenao] [google]
17841779

>wake up
>futures still at limit down
LMAO
time to hold for the next 5-10 years

>> No.17841781

i'm going to be fucking sick but i did it

i sold my 90k shares of vtsax, took the 12k hit, and dumped the money into my vanguard money market fund to let it sit until i can really think about what to do next.

fuck man this was too stressful i just lost 12k for being a moron but i really think this shit is gonna get fucked up

>> No.17841786

>>17841711
my buddy who's been trading for a while almost sold his SQQQ last friday. I would agree on the market crash. I don't think it's bottom yet. It's only going to get a lot worse.

>> No.17841792

>>17841701
Once US looks like Italy now that will be peak fear.

>> No.17841795

>>17841620

I didn't realize I needed an above average knowledge of options. I thought all I had to do was predict that the S&P500 would implode in value, buy stock of SQQQ, and sell at the end of the day.

>> No.17841801

LOL nice economy you got there, humans

>> No.17841803

>>17841263
Which oil stock?

>> No.17841804

>>17841770
>few small bumps in the road
whew lad

>> No.17841818

>>17841685
>three months?
It's going to become endemic which means they can't open anything back up without triggering larger local epidemics. We will be shut down until the vaccine drops.

>> No.17841822

>production worldwide slowing down due to wuhan virus
>markets react
>FED: pump some money into the market, maybe this will help
>wuhan virus continues, more countries pause their economies to save their people
>FED: I have an idea. What if we pump more money into the market?
>people sit at home, do not consume, worried about themselves and loved ones, no wasting money
>FED: God damn it. It is free money now!

>> No.17841832

>>17841795
thats pretty much it exactly. its just a bet against the S&P500.

More knowledgeable anon, would it be advisable to hold this stock if you think the markets will go lower?

>> No.17841833

>tfw theres an inverse leveraged etf that tracks the s&p500 but trades on the asx
>is traded during asx hours so you can buy it before US markets open
>tfw my broker wont let me trade it

proper cucked

>> No.17841835

lol imagine playing a rigged game with fake jewish money, stupid goyim. I'll just sit back and enjoy collecting my NEETbux that goes straight to buying more guns and ammo while my dad continues to pay for everything and I live in his basement so come time for the collapse I can just go out and take all ur shit fgts.

>> No.17841837

>Dow up 10%
What did i miss?

>> No.17841839

What the hell happens if the feds PRINT EVERYTHING gambit doesn't work? Does the world just immediately go bankrupt over the next two weeks?

>> No.17841846

snss now

>> No.17841855

>>17841795
It's usually not this easy. You can still make money with inexperience in this market we are about to head into

>> No.17841856
File: 80 KB, 790x607, 1519364921712.jpg [View same] [iqdb] [saucenao] [google]
17841856

>>17841781
hopefully you dont become pic related in a weeks time

>> No.17841859

>>17841835
im trading so I can make some money to buy more guns and ammo faggit

>> No.17841863

>>17841837
we had a big pumperino on friday

>>17841839
nah

>> No.17841864

Macron is speaking at 8pm euro time, people are assuming he's going to shut france down like spain and italy.

Oh god it's gonna be so fucking good today, RED RED

>> No.17841869
File: 197 KB, 773x1000, 8810797E-E06D-408C-AD4A-A0BE42B6DADA.gif [View same] [iqdb] [saucenao] [google]
17841869

>>17841822
Weimar America will be so fucking Kino.
It's about time the old and rotten politics get swept up in Chaos.

>> No.17841870

>>17841818
my big fear now is that they will cut corners with the vaccine with the orange sperg at the helm

>> No.17841871

>>17841818
Australia found the cure and are beginning testing they will be rolling this out by next month with the rate of urgency needed. This is a nothing burger.
I plan to go to the store tomorrow and laugh at people spending their money over nothing.

>> No.17841872

>>17841749
I really don't think trump took it seriously until last week, but maybe he tricked me with his poker face.
That makes sense though. UGH can't decide to sell or wait for a bounce. I've got a lot of VTSAX too, but I've been letting it sit since ~2008, don't really want to take the tax hit AND try to time the market.

FFFFFFUCK

>>17841763
I see.

>> No.17841877

>>17841822
We will recover as people acknowledge the dawn of the post-boomer era.
>>17841837
Fed fired up the printer on Friday.
It won't stick, look at futures.

>> No.17841881

>SPY only down 9.39% pre-market now
aaaaaand we're back

>> No.17841882

>>17841786
I bought BX4 on friday. Anyone who thought the market was going to recover is retarded. The economy is going to collapse because of the quarantine. Frenchfag here, went to the supermarket this morning at the opening and people were stocking up. macron is making a public speech on national tv tonight at 8pm, i'm pretty sure he's going to announce total quarantine. Expect euro markets to go down the shitter tomorrow morning, especially CAC40.

>> No.17841889
File: 115 KB, 465x578, 1572302002367.jpg [View same] [iqdb] [saucenao] [google]
17841889

should i just turn to agriculture and self sustenance or what the fuck

>> No.17841890

>>17840656
>Not buying means that you have no confidence in the combined efforts of all central banks to stop the slide.
despite what people here think, the stock markets main purpose is not to serve as a casino, it isn't the feds responsibility to bail the stock market out. economic output is going to drop like a fucking rock world wide. people are not buying because they will need that money to eat on and survive, people are going to lose their jobs and theyre not going to get paid, there will be a soverein debt crisis both in the US and Europe. it hasnt even started bro

>> No.17841891

>>17841833
What is it?

>> No.17841900

>>17841803
Look at the supermajors
RDS
BP
CVX

>> No.17841902

>>17840382
>>17840397
>>17840558
>>17840548
>>17841662
who gives a fuck if it's not the bottom? nobody can tell when we'll hit it so just keep buying slowly all the way down to the bottom then hodl when you're out of money. for some sectors you'll probably break even in 6-8 months, for others it'll take about 2 years.

just buy, hodl and chill

>>17841263
sweet!

>> No.17841904

>>17841859
ur gonna lose your ass little goytoy, and I just get to sit back and spend all my time collecting FREE money from you suckers, load my mags, and lift weights.

>> No.17841909

is it too late for the learn to code meme

>> No.17841910

>>17840863
Brother, this is worse than 1929

>> No.17841912

>>17841795
SQQQ has already priced in a 9 percent drop, you have to predict that it goes down MORE than 9 percent today. No problem with trading them, just trade with 100 dollars or whatever you can 100% lose. it will allow you to separate your fear of losing money from your decisions. Assuming you aren't 60+ you will probably live to make money off the next downturn.

>> No.17841914

>>17841889
>He didn’t invest in small livestock BEFORE the happening
Rip anon

>> No.17841915

Boeing's month chart is heart breaking

>> No.17841918

>>17841863
So it's false alarm then? Gonna drop like chink with wu-flu i assume.

>> No.17841921

>>17841001
You stand to lose quite a shitload. If you bought in a lump within the last year or two I would maybe at least sell enough to average the drop a bit. It is not going up today that's for damn sure. And if you aren't going to pull out completely I would highly suggest just be totally ok with waiting and not buying anything at all until Corona is gone and industry normalizes. I am sitting on 50k and pulled out 5.5k after >>17841343
Losing close to a grand from mid-6000's. I have made about 2x just fucking around on Robinhood. But that is over now. 12k seems like a lot but 90k is a fucking lot more. I would got like 80-85 Percent cash. Idk though man I woul just buy it back later though
It'll go back up to where it was for sure. You could be bag holding for 6 months or you could be bag holding for 10 years. I spent 12k in six months on bar tabs and rent. If you had more money you could just buy the slide. You still have time and options. This carefully.

>> No.17841926

>>17841804
Over a 20-year period, this is a small bump. You only think otherwise because you're stuck in virgin short-term thinking, rather than chad long-term thinking

>> No.17841928

>>17841752
The number of puts. Bought them yesterday during the end pump

>> No.17841929

>>17841835
Honestly, guns are a safer bet than anything right now. Inflation proof, and actual use-case, a large market of indefinite interested buyers. Can’t go wrong. Just keep them clean.

>> No.17841931

>>17841871
Corona is just the starting point. If you cure corona it will help but the bubble has been burst already.

>> No.17841937

>>17841928
and by yesterday I mean Friday because the stock market has warped my brain and I forget existed

>> No.17841938
File: 1.53 MB, 1316x1316, 1584348035429.png [View same] [iqdb] [saucenao] [google]
17841938

So when are we returning to normal? How many years before Dow Jones returns to January levels

>> No.17841951

Is it a good time to invest in paper gold/silver and gold/silver mines or is the whole thing just going up in flames?

>> No.17841952

>>17841904
I get free money too faggit, and I use it to get more money.

>> No.17841963

>>17841938
Never

>> No.17841966

>>17841909
if you're going to be quarantined for a couple months, it's a perfect time for the learn to code meme

>> No.17841973

>>17841938
There's going to be a new "normal" anon. We haven't found it yet.

>> No.17841976

>>17841929
Can't eat 'em, can't wipe your ass with 'em, and if the rule of law doesn't collapse, you can't use em to take what you want either.

>> No.17841977

>>17841781
Consider taking a small position on gold call?
It's not doing hot right now so maybe take a position that expires a year out from now.

>> No.17841980

>>17841912
what if you hold it more than 1 day? surely more drops are coming?

>> No.17841982

>>17841952
that "free money" ain't in your hands boy, it's gonna disappear when Shlomo decides you've had enough, and all you'll be left with is that thing you call a dick right where your money should have been.

>> No.17841989

>>17841871
Motherfucker the US has a vaccine too. The fast track is 12-18 months for release here. Usually it would take several years.

Blame Simian Virus (look it up).

>> No.17841990

>>17841921

thanks man. i can't believe how nervous this has made me but i sold it, all 90k, and put it in my vanguard money settlement fund to let it sit. i'm new to investing. i thought vtsax was safe and reliable over a few decades. i didn't think a worldwide fucking quarantine would happen a month after i lump sump invested (like a jagoff).

I'm not too worried. I think i'll follow my original mindset of mutual fund investing but this time, i'm going to dollar cost average this decline instead of lump sum investing RIGHT BEFORE A FUCKING BEAR MARKET JESUS

>> No.17841993

>>17841322
It was made in mspaint on 4chan years ago, anon. There is a solid chance that the "low quality" version you've found is the original.

>> No.17841999

>>17841343

nigger you need to get the fuck out now
we're being as merciful as possible here by telling you what to do to not lose your ass

>> No.17842005

>>17841600
Sure, but it's not "things get worse => stock go down". It's "things get worse than expected => stocks go down".

>> No.17842009

Am I the only one who actually worked for a living and isn't proud of being a disgusting leech?

>> No.17842015

>>17841801
can you please get me out of this planet? I'm tired of infinite human greed

>> No.17842018

>>17841951
Paper gold and silver is dead when it should be alive. I’m not sure it will ever recover its reputation as a haven asset. I’ll die with my bags, but you can still avoid buying yours.

>> No.17842020

>>17841938
This might pull a Japan and even 30 years later not having reached the top.

>> No.17842021

>>17841928
>>17841937
very nice. you havent bought calls on the test manufacturers though? qgen, tmo, dgx, lh

just a thought

>> No.17842024

>>17842014
>>17842014
>>17842014
>>17842014

>>17842014
>>17842014
>>17842014

>>17842014

>>17842014
>>17842014

>>17842014

>>17842014
new thread

>> No.17842025

>>17841781
>took a 12k hit

won't seem so bad in two weeks when things are looking like they will drop 20-30% more

>> No.17842027

>>17841980
leveraged rebalance daily you could get fucked holding overnight if they pump it

>> No.17842038

>>17841989
so my point still stands the markets will stabilize next month and this will be looked at as the first case of a a modern hysteria and the doomfags will be shunned.

>> No.17842039

anyone not listening to elarian right now on squawk probably should be.

>> No.17842049

>>17841999

i got out i got out. couldn't send it to my bank, it' sitting in my settlement fund.

this is a 12k lesson learned. fuck man.

>> No.17842057

>>17841938
Google Japan crash 80s

>> No.17842058

>>17841963
>>17841973
>>17842020
but you said stocks only go up

>> No.17842066

>>17841938
Oh boy you are in for a rough awakening not even the fed has any control anymore

>> No.17842067
File: 170 KB, 384x529, 1584346062196.jpg [View same] [iqdb] [saucenao] [google]
17842067

>>17842009
You aren't a worker you're a slave. Workers are taxed the highest. The gap between worker efficiency and worker pay has been growing. Everything about this economy says you're a sucker.

>>17842018
Just holding onto it and selling it for the short term.

>> No.17842070

>>17841832
Yeah, if your buy in is in the low 20s especially. I think SQQQ is gonna print for a while but there's gonna be huge green days interspersed with these huge red days that fuck up these leveraged ETFs. I've been holding it but sold before the conference lol. I like buying SQQQ after the huge FED pumps and just riding the market down. Every single fed pump has faded.

>> No.17842091

>>17842057
lol lost decade meme

>> No.17842094

Why is gold down? Are people finally realizing it's just a metal?

>> No.17842104

noob here

whats the stock market gonna be like today? blod

>> No.17842141
File: 34 KB, 640x255, you call this a meme.png [View same] [iqdb] [saucenao] [google]
17842141

>>17842091

>> No.17842171
File: 3.57 MB, 750x1334, 3CB4D7E2-EE10-4C3D-9BFF-80EB86C1E09E.png [View same] [iqdb] [saucenao] [google]
17842171

B-Bros....

>> No.17842183

CDC, FDA, the whole bureaucracy in Murrifats healthcare system is unbelievable but nobody talks about it. You guys need skin in the game, Pelosi, Schumer, Trump get the same healthcare treatment like your local burger flipper. Let us see how fast this shit gets fixed when your own life is on the line and your pockets full of kickbacks won't help.

>> No.17842192

>>17841322
The original is Madagascar and it's a /v/ comic for the game pandemic or Plague Inc (I think) a very simple UI game about spreading a virus

>> No.17842194

>>17842094
I don't know man. Oil falls, gold falls.

>> No.17842240

>>17841781
Don't get impulsive, it'll crash hard today, and it might bounce again tomorrow, but don't think that you "missed out on the recovery", because it's going to keep going down for a while. If your broker allows option trading, you might wait for the next dead cart bounce and buy some puts.

I'm an amateur though, so don't take my word as gospel.

>> No.17842252

>>17842070
shit I'm wondering if a fed pump is likely tomorrow

>> No.17842260

>>17842049
you will feel much better as the stock price collapses over the next two weeks

>> No.17842273

>>17841993
if I can't see jpg artifacts and it's PNG with decent resolution i'd be satisfied

>>17842192
yeah i know

>> No.17842285

>>17841781
You'll be fine.
Just don't start buying that dead cat bounce. And don't buy everything at once g. You can lose your ass out here.

>> No.17842323

>>17842273
This is as good as it gets

https://i.imgur.com/4RVNd5C.jpg

>> No.17842328

>>17841871
Bro, I got bad news for you, but both of the things they "found" were things China had been using already. It's more sensationalist "science journalism"

"We found reports from China that this drug and/or that drug were effective in treatment to mitigate symptoms and viral load. We did some tests which support this hypothesis in a lab, so we want to try some human trials to conf-"

"AUSTRALIAN SCIENTISTS FIND CURE FOR CORONA"

>> No.17842350

>>17841889
Just make another horcrux, bro

>> No.17842351

>>17841870
Nah. Even if that happens, the medical community's response is a global effort.

>> No.17842377
File: 71 KB, 1168x384, Screen Shot 2020-03-16 at 4.29.40 AM.png [View same] [iqdb] [saucenao] [google]
17842377

JESUS FUCKING HELL

Do I really just fucking lock in a loss on a perfectly good company? They're getting fucked because suddenly trump can lose...

>> No.17842401

>>17841302

My niggah

>> No.17842421

>>17841909
I am unironically doing this in school rn. I'll be done in about a year. Seriously considering just taking everything online now that my uni is doing distance education because of the virus anyway. Paying for a their 1 research institute and getting University of Phoenix is not very cash money.

>> No.17842578

>>17842049
Just leave it there. Vanguard money markets have better interest than most savings accounts.

>> No.17842601

>>17841909
When all the businesses fail who will hire you?

>> No.17842720

Fuck fuck fuck, is it time to bear x20 lever NASD?
Just pulled from DAX, maybe bit soon but what do i know ay.