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

/biz/ - Business & Finance


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>> No.18874288
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18874288

>> No.18874318

futures finna bouta drip

>> No.18874335

I wish I was rich already so I could get away with playing wasteful bullshit like RuneScape for 20 hours a week.

>> No.18874338
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18874338

who else is reduced to papertrading?

>> No.18874339

>>18874318
Futures will hit +2% by open. Investors are basically bathing in confidence right now. When congress is back they're going to start doing bailouts and basically have half the population on UBI.

>> No.18874346

>>18874335
runescape is still a thing? last time i looked at it a few years ago, it looked so ugly with updated models that weren't up to snuff and didn't have the shitty 2000s charm.

>> No.18874347

>>18874335
Working from home is nice. I play all day. Archaeology sucks dick though

>> No.18874349

>>18874318
He cute!

>> No.18874357

tomorrow will be red!

>> No.18874359

>>18874339
based, give me a second 1200 dollar check

>> No.18874363

>>18874339
Are we gonna get more trumpbux?

>> No.18874367
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18874367

I am going to ban gold and bitcoin
Whatchu gonna do about that bitch?
All in on my market or lose

>> No.18874375

I panic sold my stocks at open this morning because of what the boomer man said and feel like a cunt for it. It's gonna go back down right ?

>> No.18874386

>>18874339
>Speculators are basically bathing in confidence right now.
ftfy

>> No.18874407

>>18874375
Maybe. Nobody knows for sure obviously. I think it will go down, but not for maybe another month or two. I think we'll see lots of crabbing with maybe some upside until then.

>> No.18874409
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18874409

Natural gas and RTX chads check in. How are we going to do in the following months?

>> No.18874414

>>18874386
Investors, speculators, literally same thing.

>> No.18874415

>>18874359
Fuck it dude lets go to $2000. I hate this shithole country

>> No.18874426

>>18874409
My 350sh bags of Raytheon seem heavy this week.

But at least we get a dividend soon!

>> No.18874434

That’s it I’m a mumu
Fuck bobos we never get the job done

>> No.18874443
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18874443

>>18874409
not great bro

>> No.18874449
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18874449

>>18874276
>no /smg/

You had one job OP

>> No.18874451

>>18874375
Who knows? I am fucking tired of this fake ass market.

>> No.18874462
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18874462

screenshot this

>> No.18874465

MVIS and KOS coming up big for me today

who else has been holding since friday?

>> No.18874467

>>18874426
>>18874443
I feel your pain bros I'm in with 30 shares at 60 bucks a piece. Down 54 bucks out of the 2000 i put in. What do you think is going to happen thursday, back down to 48?

>> No.18874471

>>18874375
Assuming that you bought near the March lows, why are you concerned? You locked in your profits, and pulled out at a fairly smart point to do so. The higher we go, the more downside risk there is and less upside return potential to make up for it. Look at the whipsaw movements of the past month. There's been very little momentum or volume to keep pushing us higher. Nothing wrong with realizing your gains now and waiting for more defined trends to emerge.

>>18874414
No.

>> No.18874478

>>18874357
>look ma, i posted it!

>> No.18874491

>>18874467
Given my luck I expect a drop. Also I'm worried because someone posted here claiming to be an employee a while back saying they were dead and not making any money.

That said I think it is just tied to the market, so if the market goes up so will it.

>> No.18874499

>>18874465
haven't sold a fucking thing
I don't think anything can spook me anymore

>> No.18874512
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18874512

>>18874246
>>18874272
As ridiculous as that sounds... Now that you say it...
>2008
the FED gets involved heavily to keep markets open. In the low rate environment from 2008 onward, we see corporate buybacks via debt take off and stocks soar. Debt has gone wild, and we're in the longest bullrun in history. 2018, we see the turbulence of the markets after the FED states that they'll be unwinding their 2008 sheets, but they never finish
>2019
the Fed enters repo markets because there's fear in lenders that some lenders are bad eggs and won't pay back overnight. This is heavily indicated when JPM makes a huge pivot out of the overnight markets and rates Bart 10%.
>2020
gov shuts down businesses due to virus fears. Any operation that...
>1. propped up their stocks with debt and buybacks
>2. needs brick and mortar or steady revenues
will not be able pay their debt because they're over leveraged.
Market panics over fear of a credit crunch, and the FED starts up again in overdrive. selling slows down because people see that the credit markets aren't likely to abruptly freeze and won't be stuck with the bag because -markets- stop functioning. We are here.
There has been no return to a sense of "equitable value" pre-buyback environment. I don't think we're going there >>18874189, but when you think about that boom bust cycle, as much of a meme as it may be, yes, 2008 might be able to be viewed as a bear trap for a corporate debt based bubble. Some anon that isn't an armchair weatherman with a useless degree such as myself correct me if I'm blatantly wrong.

>> No.18874524
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18874524

>>18874409
>RTX chad

>> No.18874529

>>18874512
I was thinking the exact same thing, but was too fucking lazy to type it out.

>> No.18874541
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18874541

Now that I think it it.

There are three types of market crashes:
>stock crash (dot com bubble)
>real estate crash (great recession)
>business crash (covid-19)

Just like the great recession was a good time to buy real estate, this may be a good time to buy or start a business.

>> No.18874553
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>>18874491
I hope so you never know with biz. My main concern is UTX's exposure to aerospace contracts might be a millstone on earnings for sometime.

On the flip side maybe our equally shitty luck turns this stock positive after all negative times a negative equals a positive number if my Amerimutt math is right.

I'm just worried about my OKE positions because its been treating me nice since I got in but am afraid of a collapse in natty gas.

>> No.18874561

>>18874499
haha so true. honk honk
KOS swings more than merryweather but has been performing well week after week

>> No.18874565
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18874565

>>18874524
This better.

>> No.18874572

>>18874541
Both your "stock crash" and "real estate crash" are literally the same thing, a bubble popping. "Business crash" is just a disaster shock (either war, terrorist attack, natural disaster, pandemic, etc).

>> No.18874590
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18874590

>>18874529
glad we're on the same page, cheers.

>> No.18874645

>>18874541
The kicker here being that we are unsure of the effects we're going to see on the broader economy over the next several quarters. Unemployment between 10% and 15% is going to have consequences, and as those consequences morph into reduced discretionary spending, lower housing sales, lower auto sales, defaults, etc., we could see a much more prolonged recovery. When you have corporations themselves stating they have no idea how long it will take their sector to recover, the possibility for this to continue spiraling remains. It will likely be a good time to do any of those things you mentioned.

>> No.18874672
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>>18874375

>> No.18874699

>>18874572
disaster shocks are usually fake&gay like 9/11 and now covid-19, it's not a coincidence both involve the numbers 1 and 9 which represent the start and end of numbers if you don't count 0.

>> No.18874718

>>18874699
forgot to say the fake disaster shock is done as a way to distract or cover up the bubble pop. 9/11 happened right when the economy was hitting the skids and thus served as pretext for war, which was great for defense and oil companies, thus boosting the overall economy since everything is connected.

>> No.18874817
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>>18874699
>you don't count 0

>> No.18874835

>>18874645
So far real estate is projected to drop 3%. Meanwhile businesses are going under, getting liquidated. This shows a big difference. Two different things.

>> No.18874960

>>18874346
You want 2007scape

>> No.18874981

>>18874835
>3%
the number of people unable to pay their current mortgage or get new mortgages is going to be 2008 tier.

The last couple of posts have been trying to differentiate this bubble from the last 2, but the reason things don't "feel" overvalued right now is because EVERYTHING IS. Literally the only way this goes down is either inflate away like 50 trillion in debt or 80% of America defaults. As bad as that would be I think the country could still rebuild itself in 5-10 years if we actually acted like adults and stopped taking on debt we can't service with more and more debt approaching infinitesimal rates.

The absolute worst case scenario is that people actually buy into the Fed's bullshit for real and this pumps even harder... the result would be an actual prepper style collapse. Dear god please can we just bite the bullet and deal the fallout while it's still quasi-manageable? Millenials are already guaranteed to be double fucked we don't need to be triple-dog-fucked.

>> No.18875004

>>18874981
Dude, just let it burn to the fucking ground. I am tired of this whole thing.

>> No.18875058

>>18874835
>So far.
That's the point. We're only at the start of this, economically speaking. There is a lot more downside risk in the real estate markets, naturally commercial, but if the current 7% mortgage forbearance statistics roll over into distressed, then we're in for another pop 2008 style, like >>18874981 said.

>>18874981
I don't think I see it as pessimistic as a prepper-style collapse, but I would say a Japan-like end result is on the table. There are differences in our journey to that point that make the Japan comparison more tangential, but the end result would be the same: stagflation following a tremendous pop.

>> No.18875062

>panic sold half my portfolio today
it's okay. im more confident in what remains. oil and defense chads RISE UP!!!

>> No.18875081

How much will MVIS rise once the inevitable merger is confirmed?

>> No.18875144
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18875144

>>18874718
is this supposed to be a 'Bush did 911' post?

>> No.18875196

>>18875144
The Saudis deserve some credit for their efforts. :^)

>> No.18875540
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>>18874981
>EVERYTHING IS OVERVALUED
EVERYONE IS STUPID BUT ME

>> No.18875573
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18875573

>>18874151
Lets try this explanation:
A stock you own is valued at 100$. Now you write a call option on that. 105C 5/8
This option entitles the person who buys it to, at any point between now and this friday, the 8th of May, to purchase this stock for 105$. The buyer (B) gives you 3$ upfront for this.

>Now why should he do this?
If the stock goes to 140$ on thursday he could exercise it. He would get a 140$ stock for the price of 105$, earning 35$ in stock value for paying 105$ in cash.

>Now why should I do this?
Because he would pay you 105$ for the stock. You made a profit of 5$ AND the 3$ in premium/cash you got upfront. So 8$

You both walk away with a profit.

>Why not keep the stock and keep the 40$ in profit for myself instead of getting a meager 8$?
Because in most cases the stocks are crabbing. 103, 97, 101. Usually stocks dont move that much and the prices stay the same.
If the price stayed at 100$, which is the norm, you would get 3$ essentially for free.

>What if the stock goes to 106$? The guy paid 3$ for my option. So he would make a profit of just 1$.
Its better to walk away with a loss of 2$ then a loss of 3$.
For you the situation does not change btw.
Your stock will get sold for 105$ and you got your premium for 3$.
Once you wrote that option the vlaue of the stock beyond 105$ is of no concern to you.

>What if the stock drops?
Then your stock loses value. But you got 3$. So the new price of the stock is essentially 97$. If you sold for exactly 97$ then you would not have made any loss.

You repeat this process week after week after week.
Its the most baby tier form of option strategy but it works.

>> No.18875602
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>>18875573
>He would get a 140$ stock for the price of 105$, earning 35$ in stock value for paying 105$ in cash.
I should go to bed.
*He would get a 140$ stock for 105$. Making 35$ in profit. Minus the 3$ he paid you. Essentially turning a 32$ profit. A plus of 1000%.