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

/biz/ - Business & Finance


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>> No.19562776

jebus

>> No.19562803
File: 69 KB, 518x305, 1569791229222.png [View same] [iqdb] [saucenao] [google]
19562803

Gonna need a new button soon, bob.

>> No.19562818
File: 179 KB, 1024x1000, IMG_5550.jpg [View same] [iqdb] [saucenao] [google]
19562818

“BEARS aren’t here” he thought. “I’ve never been in this neighbourhood before, but there are no BEARS anywhere”. The cool wind felt good through his thick voluminous mane. “I HATE BEARS” he thought. The Only Way is Up reverberated his entire car, making it pulsate even as the Diet Coke circulated through his powerful thick veins and washed away any (unmerited) fear of bears in the markets. “With a printer, you can make the markets go anywhere you want” he said to himself, out loud.

>> No.19562839
File: 1.02 MB, 1315x796, biz got blown the fuck out.png [View same] [iqdb] [saucenao] [google]
19562839

I remember someone posted used to post a pic that went something like this:

0 to 20k hard ass wage slaving, takes forever

20k to 50k much easier market gains, take a long while

50k to 100k easy market gains, takes months

100k to 200k really easy gains, takes a month

200k to 500k extremely easy, takes weeks

500k to 1m why is this so easy, takes days

Anyone remember this?

>> No.19562848

>>19562760
Gonna sell my IVR shares, any gold or silver stocks worth looking into?

>> No.19562865
File: 7 KB, 754x101, balls.png [View same] [iqdb] [saucenao] [google]
19562865

what's tomorrow looking like for this guy

>> No.19562917

all in on oil companies and banks, how fucked am I?

>> No.19562935

>>19562865
Another boring Sunday I’d imagine

>> No.19562951
File: 76 KB, 521x463, 1584724333368.jpg [View same] [iqdb] [saucenao] [google]
19562951

>>19562865
Retards buying WTI now when they could buy last April 21. Bunch of dumbasses.

>> No.19562967

>>19562935
23 hours wti market opens you dingus

>> No.19562968

>>19562951
could've bought*
excuse my drunkenness

>> No.19562972

Is this guy worth listening to or just self help shit from a guy who got lucky?

>> No.19562981
File: 440 KB, 645x1260, 1481214930634.png [View same] [iqdb] [saucenao] [google]
19562981

>tfw you missed the dip
p-please crash

>> No.19562989

>>19562865
nothing really. this guy got lucky OPEC extended cuts or we see this guy sleeping in cardboard

>> No.19562994
File: 1.27 MB, 1125x2001, 4EE8E97D-4C80-40C9-9F5B-99E28D9935EF.png [View same] [iqdb] [saucenao] [google]
19562994

>>19562972

>> No.19563011 [DELETED] 

There's so many niggers here suddenly
And spics
And Russians/Lithuanians?
How do I short a town?

>> No.19563017

>>19562981
Not too late. I bought 500 shares of Citi and it went down to close at $58.86. Even if it goes up pre-market you can still get it for $60. Should go to $80 easy. Though I'm not sure when or I would have bought calls.

>> No.19563033
File: 313 KB, 392x569, 12321321.png [View same] [iqdb] [saucenao] [google]
19563033

>>19562818

>> No.19563040

>>19562839
Easy come easy go. If you can swing from 500k to 1m in days you can lose it in minutes.

>> No.19563051

>>19562865
>16x leveraged

why do people do this? hell, why are people ALLOWED to do this?

>> No.19563072

>>19563051
>why do people do this
speedrun retirement any%

>> No.19563086

>>19562917
Oil is swinging back up same with finance but real estate is biggest gainer.

>>19562994
Ray Dalio is the best hedge fund manager alive even though he’s retired and just on the board. He is smart enough to explain very complex ideas in a manner that’s understandable to a 5th grader.

>> No.19563110

>>19563017>>19562981

I know that you both don’t gibe a shit but ill share it: i bought citi at 45$ and was planning to hold. I was waiting for a crash to happen any time soon so i sold @50$ for 12% profit despite my dad advising me not to.. Next day it hit 60

>> No.19563145
File: 54 KB, 512x472, rdsb.jpg [View same] [iqdb] [saucenao] [google]
19563145

>>19562760
Estimates on how high RDSb and XOM is going Monday?

>> No.19563157

>>19563051
With a low margin broker like Amp Clearing you can get 30 or 40x leverage in the futures market. Wheeeeee!

>> No.19563161

>>19562839
What do you mean "anyone remember this"? That shit is common knowledge. Traders always trade risking a certain percentage of their portfolio and the more money you have the more money you obviously make. The thing is though, you don't need to actively trade when you have a free million to trade with.. you can simply invest it to reduce overall risk and only trade with 3-5 futures contracts instead. One single point on the ES with 3 contracts is $150, so if you caught the pump from 3132 on Friday and sold at 3200 you would have made roughly $10k in 4 hours. It's ridiculously easy for professional traders to make money if they have enough money to trade with.
Also, that pic is dumb

>> No.19563163

>>19562981
there are dips and rallies every day, anon. intraday. a game so fun that i rarely even play actual vidya anymore, i'd rather look at charts and try to see the future through analysis.

>> No.19563164

>>19563110
I don't know what bothers me more about this post.
That it is 11% gains, not 12% or that I made a 44% return on the same rise with a call option.

>> No.19563196

>>19563145
>XOM
What is oil doing? Didn't Russia and the Saudis extend the cut?

>>19563161
>What do you mean "anyone remember this"?
There was a pic that was posted on this topic.

>Also, that pic is dumb
You must be the next slide where one of the words is replaced with drugs.

>> No.19563220

>>19563196
Yeah OPEC agreed to extend it today, I just don't know how much that is expected to effect the market. I dunno if we are talking fucking moon mission levels or if we just get an extra 3-4%

>> No.19563235

>>19563196
Oh you were looking for a pic? My bad

>words is replaced with drugs.
Nah, I don't do drugs. Tried cocaine once like 3 years ago, that's about it

>> No.19563251
File: 51 KB, 468x505, whoa happiness.jpg [View same] [iqdb] [saucenao] [google]
19563251

>>19563220
I would say given 4% Friday I would expect 5% Monday.

>>19563235
Then picture whatever you think will make you happy, but really won't.

>> No.19563255

>>19563145
Debating selling off some or all of my VDIGX to buy more shares of STOR and XOM.

>> No.19563257

>>19562972
>>19562994
does it matter? financial education especially from people with a proven track record is never a waste. never read the book but generally speaking, especially from someone who is known like ray dalio is, you're sure to learn something new. idk what that will be but who knows.

personally i like Chat with Traders a lot, it's a podcast so it's not a book but i like hearing about the lives and strategies of successful traders in general. you can learn a lot by hearing their different perspectives. i'd say give it a listen and cherry pick what you like from it and discard the rest.

>> No.19563280

>>19563157
what happens if you lose though?

>> No.19563285
File: 100 KB, 800x568, 1564756397317.jpg [View same] [iqdb] [saucenao] [google]
19563285

>>19563280
you know :)

>> No.19563293
File: 335 KB, 629x529, 1565825267333.png [View same] [iqdb] [saucenao] [google]
19563293

AAAAAAAAAAAAA
ME WENT TO STORE FOR BUY GREEN BEANS

AND THEY NOT HAVE ANY FDP GREEN BEAN IN STOCK
AND EVEN HAD FLYER SAYING THEY NO KNOW WHEN GETTING MORE FDP GREEN BEANS


NUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU

>> No.19563300

kek, I make shit (27,000) yet I'm just 20,000 away from having 100,000 to my name and I'm only 37 years of age. Thanks to having very little debt and our virus friend I'll be closing that 20,000 gap very fast indeed. Actually my total worth may be more cause I've not gotten my 401 statement in for the quarter yet nor looked at my pension balance for a long spell.

>> No.19563314

>>19562665
>long term treasuries are hosed. Do TQQQ:VIIX 85:15 instead
Long VIX is full retard. Even through the aftermath of the GFC and years of ZIRP, TQQQ:TMF would have kicked ass and taken names

>> No.19563317

>>19563300
give some tips man, what are you rooting for these days?

>> No.19563330

>>19563300
>I'll be closing that 20,000 gap very fast indeed
how are you making sure you don't lose 10 - 20k?

>> No.19563369

>>19563285
say it.

>> No.19563405

>>19563300
Proud of you, fellow 37 year old boomer

>> No.19563416

These 3x ETFs are making me thirsty.

>> No.19563442

>>19563416
stay the fuck away from it if you plan on bagholding.

>> No.19563443

>>19563317
>>19563330
Well I'm in companies that have been hit hard by the virus yet have strong balance sheets so they won't go under. DAL is my big money maker. WFC's done pretty good to but I don't plan to sell it though. Penny stocks I avoid. A bad turn on one was enough to make me rethink that approach.

>> No.19563470

Expect Monday to be red, -300 points as Airline/oil/cruise Bros cash out with 2x gains. That's my prediction.

>> No.19563522

>>19563470
Yea, and ill be buying that dip for certain

>> No.19563536
File: 51 KB, 677x263, engineer_syllogism.png [View same] [iqdb] [saucenao] [google]
19563536

>>19563300
Fucking hell I'm bad at this game.

I manage to lose at SPY calls.

My first earnings play DLTR would've paid off if I wasn't impatient and didn't liquidate to lose all my money in SPY. Lesson learned on patience.

I pick KR calls to play 6/18 earnings and as of right now it's like... 1 out of maybe 10 red stocks out of the whole S&P 500 on yesterday's epic green day. Check finviz and look at Consumer Defensive, can't make this shit up.

I think my weakness is that, every time I lose money, I take risker and risker plays to try to "make it all back 1 play". If I lose $1000, I say "Okay the next play I have to make at least $1000. Then I lose another $1000 and think "Okay the next play has to make at least $2000."

If I reload with $1000 to make another play, I like to pick options that cost 0.05 to 0.10 per contract so I can buy 100-200 of them for maximum leverage in the hope that they go up near 1.00. Then I start the bargaining phase of denial and think "Okay if this can just shoot up to like 0.10 then I'll at least double my money."

Then if they go down to like 0.04 after I buy them, I panic, get impatient, and try to liquidate them at-cost 1 week after I bought them so I can make another play.

I think what I keep grasping for is to just buy 1000 of something for 0.01 that expires tomorrow the day before it moons to 1.00 and anything less feels like a failure and not worth it.

>> No.19563546

>>19563470
Oil might just be crabbing from people jumping in with the confirmation of the production cuts.

>> No.19563587

Got some FOMO stocks I'm dying to invest in on Monday morning, but RH has me locked out of instant deposits for about another week. Is there any broker that'll approve me fast enough, or have I clowned myself?

>> No.19563607

>>19562776
sased

>> No.19563610
File: 17 KB, 460x423, 1563577434849.jpg [View same] [iqdb] [saucenao] [google]
19563610

>>19563443
>WFC
what would get you to sell? Mine would probably be about $38. I think the floor for a drop below $25 again might be $18 from what I can tell. I'm a financials guy, so if I bought WFC, my horizon is something like 10 to 20 years or very short term gambling. I don't like financials at all at these prices and in this environment. I did go for a tiny bag of the PSK ETF since it seems like there's low risk of a sudden outbreak of defaults or cuts on divvy's for preferred shares in banking/energy/reits, but it was only to add some risk and yeild to round out the sheer amount of bond etfs I'm holding.

>> No.19563635

DAL still has a long way to go. It'll get there cause the world and U.S is opening up more day by day. DIS/Comcast is opening up, those parks bring in tourists by the loads. Europe is opening up for tourist season, another big flight destination. U.K is opening up, another big tourist draw. Plus Japan and china, Russia. Pretty much just kick back and watch the gains fall into your lap. Then hit that sell button when it hits that high.

>> No.19563646

>>19563536
>I think what I keep grasping for is to just buy 1000 of something for 0.01 that expires tomorrow the day before it moons to 1.00 and anything less feels like a failure and not worth it.
that's not trading that's a drug. you're addicted to a drug now.

>> No.19563650
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19563650

>>19563293
DEMAND IS OUTPACING SUPPLY??
DID THEY HAVE S&W CANNED VEGGIES???

WERE CAMPBELL’S LUXURY SOUPS FLYING OFF THE SHELVES????

Go2Denny’s for all your dining needs

>> No.19563687

>>19563635
International travel and tourism is going to be fucked till next year. Put your money in domestic focus carriers if you want quicker returns.

>> No.19563689
File: 14 KB, 273x366, 00ab5e1675baa70ac29fda355d909d70bb23e64d18ce7f3ec9118c0b95e330df.jpg [View same] [iqdb] [saucenao] [google]
19563689

>corona was a nothing burger
>riots/protests were a nothing burger
whats the next event to push us to SPY 400?

>> No.19563706
File: 1.27 MB, 1800x2560, SmugBuyer_x10.png [View same] [iqdb] [saucenao] [google]
19563706

supermarket time
I better see some cute girls hehe

>>19563689
A S T E R O I D

>> No.19563712

>>19563689
europe opening and planes start to fly again

>> No.19563714

>>19563610
I bought WFC at pretty close to the bottom thus far it's gained 33%. So unless something really bad befalls them I don't see me losing anything on the deal. But I'm gonna keep them. A money printer if ever there was one. (Divvy). RTX to.

>> No.19563743

>>19563546
As long as prices of oil stay this high, the oil producers COULD keep rising. I’m not entering that trade, I’m sure I’m late.

If the hurricane in the gulf is really really bad, it could push prices up as the deep water rigs stay closed down.

>>19563610
If this really is the beginning of the next economic expansion, and it could look that way with global easing as it is, banks, consumer cyclicals, and smallcaps should outpreform for a while still. And possibly industrials, the Raytheon idiots might have really lucked out by accidentally picking the bottom in global industrial activity.

Of course, since so many will just pour money into the SPY, megacap tech will still rise as well.

>> No.19563747

I shifted out of UGL and TLT on Thursday and back into TQQQ (28k). Fundamentals may be shit, but I'm expecting greener weeks ahead.

>> No.19563922

>>19563689
Yellowstone Eruption

>> No.19563930

>>19563443
I'm thinking of shifting to gold really soon because everything is going up. The only sleeper I have is oil right now and I just went with USO, once it planes out I plan on selling. One thing I've learned in this is to avoid the main picks and go with the shit people are mumbling about.

>>19563743
I don't know, I feel like oil will at least go up and not down through all of this. Then I can hold for a long time and sell it to buy into the next dip.

>> No.19564004

>>19563443
Red pill me on WFC. I know they got a new CEO from JPMC but how strong is their upside? Didn't they just have some kind of scandal?
Also, lots of sub prime auto loans, no?

>> No.19564023
File: 90 KB, 1024x684, 817.jpg [View same] [iqdb] [saucenao] [google]
19564023

>>19562760
Hey guys, I'm new here and got $2000. Any advice on what to buy?

>> No.19564047

>>19563470
Nah.

>> No.19564049

>>19564023
I've got a bridge to sell you.

>> No.19564059
File: 141 KB, 250x250, 1583445295779.gif [View same] [iqdb] [saucenao] [google]
19564059

>>19563706
>supermarket time
Oh crap I forgot! I have to pick up a prescription today. They close in 75 minutes.

>> No.19564067

What's the purpose of protecting the markets so vehemently? I understand that yes...times would suck...but that's capitalism. Capitalism purges inefficiencies and ushers in ingenuity and new ideas. The corporate world is like a diseased herd of cows right now and were refusing to let the diseased ones die off.

Why does the fed refuse to let the markets crash? Are they scared crypto would gain more traction or are they jew ass cunts who refuse to let their banker friends burn.

>> No.19564068

>>19564023
Crack.

>> No.19564070
File: 954 KB, 1976x1112, pawnstars_photogallery_4_2016.jpg [View same] [iqdb] [saucenao] [google]
19564070

>>19564049
>bridge

Best I can do is $20.

>> No.19564079

>>19564067
> Shut up Bobo

>> No.19564088

>>19564023
>showering with clothes on
haha what a fucking idiot

>> No.19564092
File: 137 KB, 453x668, 1525100614534.png [View same] [iqdb] [saucenao] [google]
19564092

I still wait for the second dip

>> No.19564093
File: 20 KB, 174x162, 1586337478884.png [View same] [iqdb] [saucenao] [google]
19564093

>>19564067
>are they jew ass cunts who refuse to let their banker friends burn

Old Jews don't want the younger generation to gain wealth, they'd rather take all their jew money to their jew grave.

>> No.19564119

>free TLRY share
could have got worse i guess

>> No.19564132

>>19564023
Keep working wagie...lol

>> No.19564143
File: 928 KB, 564x1116, 1570910412446.png [View same] [iqdb] [saucenao] [google]
19564143

I got what I needed from the supermarket.
Main street restaurants are packed - because of the weather, everyone is eating outside.
Feels very pleasant and wholesome midwesternish in the air tonight.

>>19564059
I'm like a month behind on my doctor writing me amphetamine scripts because of the ronavirus
I should call but I'm super lazy hehe

>> No.19564173
File: 43 KB, 432x300, 7CADF334-9A56-47CC-883B-E91EE3F54F69.jpg [View same] [iqdb] [saucenao] [google]
19564173

>>19564023
>pseudo hime cut
>buruma
>stockings
>thighgap
What a delightfully provocative little slut!
>>19564143
>Main street restaurants are packed - because of the weather, everyone is eating outside.
Nice!
How were the shelves? What were people loading up on?
I’m still not venturing out beyond walking around the neighborhood. Instacart life.

>>19564067
Now this... THIS is what a shitty take looks like.

>> No.19564174
File: 47 KB, 494x494, 1586055800567.jpg [View same] [iqdb] [saucenao] [google]
19564174

>>19563635
>It'll get there cause the world and U.S is opening up more day by day.
Korean domestic flight might be really good to watch for a temp gauge for the virus on US domestic flights. I would expect Korea to be the absolute best case scenario. I don't have a good sense of Japanese domestic travel is like with regard to air. Korea is really busy and cheap, kind of like the US, but maybe a little bit of a hotter market.

>>19563714
I'd be very surprised, but the market motions might imply this. I don't see it desu. Maybe Monday and Tuesday action will give us a better answer.

>>19563930
>oil
>sleeper
I don't think so, but I'm really not sure what's sleeping or awake anymore.

>> No.19564282

It wouldn't shock me if tech stocks has a big dip soon. people leaving high flying tech for more easy gains elsewhere. Also tech is at all time highs now so I'd think a dip would be called for. But that's just my thoughts, may be wrong, may be right, but still something to consider or keep some spare green handy just in case.

>> No.19564298
File: 266 KB, 1125x656, 4F15C811-D319-44C5-8F83-27C4D24412AA.jpg [View same] [iqdb] [saucenao] [google]
19564298

>day three of fast
>roommates making bacon
>left several perfectly cooked slices out for anyone who wants them
Bastards.

Looks like large specs were STILL pretty offsides on Tuesday. I wonder if we can squeeze higher still...

>> No.19564339

>>19564023
ngmi, need to risk a lot.

>> No.19564341

>>19562917
I put 5k on GUSH how long should I hold?

>> No.19564343
File: 1.83 MB, 360x208, ahnold.gif [View same] [iqdb] [saucenao] [google]
19564343

>>19564023
penny stocks. turn that 2k into 0k real quick.

also, lurk more lazy faggot.

>> No.19564372

>>19562760
Former bear wagie here I guess I am going back to work in one of the least essential hardest hit sector so bull run is on green for months

>> No.19564373

>>19564092
Me too. See you in 15 years when AOC becomes President for Life.

>> No.19564387

>>19564023
OIL
I
L

>> No.19564454

>>19564174
Sleepers are pretty much gone. Stocks like Delta and ExxonMobil are only 20 to 30% from their highs.

At this point, I'm investing in SOXL, NAIL, TQQQ, USO, UCO, Tesla and PALL.

Maybe there will be stocks to invest in as news comes by; however everything else has been picked apart.

>> No.19564470

>>19564454
REIT are still 75% down

>> No.19564476

>>19563051
Retards treating wall street like a casino. 90% are in debt the rest of their lives and the other 10% "make it" with 50k and usually lose it all plus another 500k on the next options trade.

>> No.19564497
File: 53 KB, 302x325, 1582520003825.png [View same] [iqdb] [saucenao] [google]
19564497

>>19564454
>Sleepers are pretty much gone
that's what I'm thinking. I vaguely like utilities and I vaguely like raw materials.

>>19564470
I also might vaguely like REITs, bit that's very risky. Maybe we'll see them get a bump soon like airlines. Might as well, right?

>> No.19564504
File: 1.43 MB, 384x288, Bull-Trap.gif [View same] [iqdb] [saucenao] [google]
19564504

>>19564470
not touching that.
already own some NLY and it scares the living shit out of me.

>> No.19564518
File: 891 KB, 780x1200, 1551830680803.png [View same] [iqdb] [saucenao] [google]
19564518

>>19564173
>How were the shelves?
they were sturdy
I'm cooking more lasagna now

>> No.19564562

>>19564497
with the impending housing crash in August yes its extremely risky, for the short term we could see 50% gains.

>> No.19564576

>>19564562
best values? Rancher, Split Level, Duplex?

>> No.19564598
File: 243 KB, 600x636, 1584911642340.jpg [View same] [iqdb] [saucenao] [google]
19564598

>>19564562
Got a few picks or an EFT to browse for some current stinkers? I want to swing out of some losers in my gambling account into some stuff that's deep in the shitter

>> No.19564667
File: 141 KB, 799x743, 1591309218698.jpg [View same] [iqdb] [saucenao] [google]
19564667

>>19564059
>I have to pick up a prescription today. They close in 75 minutes.
STUPID pharmacy changed their STUPID weekend hours and were closed anyway.

>> No.19564675

>>19564562
Kek, the last great housing crash was how I got my current house.Then when I saw the homeowner's blotched basement remodel job the price got knocked off a bit more. Practically stole it. I pay $400 a month for a 3 bed, 1 and 1.5 bath, w/basement & garage in a smallish city. The main level was re-done by professionals (the tile work in the main bathroom prob cost 5k alone). Anyway I sit back and laugh while my home value just goes up each year. I use the basement for just storage so I finished the gut job. They did me a favor by fucking it up.

>> No.19564693

>>19564667
FUCK pharmacies.

>> No.19564710

>>19564598
yeah IVR, MITT and TWO all reit down about 75%

Also I like GUSH, should be going up with oil recovering

>> No.19564726
File: 39 KB, 998x720, 1584654693528.jpg [View same] [iqdb] [saucenao] [google]
19564726

>>19564693
The only reason I use this one is that they are inside a Loblaws grocery store and normally have same hours as the store itself, which was 10pm close before corona chan, 8pm close after corona chan, 7 days/week. Now it's lol 6pm close on weekends.

>> No.19564759

FOMC MEETING WEEK!!
I’m reading in the paper that meat prices have gone higher and stayed elevated. Any chance that’ll raise core CPI inflation numbers for the Fed? Or are those numbers already out?

CONSUMERS:
Have your costs been increasing or decreasing lately?

>>19564518
Kek
So nothing was flying off the shelves? People weren’t buying luxury soups or chicken breasts or Doritos or white claws in mass quantities?

Enjoy your lasagna. Yum!

>>19564726
Try not to die without your meds!

>> No.19564775
File: 524 KB, 2508x3541, 1565742445299.jpg [View same] [iqdb] [saucenao] [google]
19564775

>>19564693
everyone should be able to buy any drug that exists on the internet and get it delivered to their house
my opinion is fact

>>19564667
what was the prescription for? tism pills?

>> No.19564794

>>19564497
>utilities
Yuck, I just took my losses in SPLV as I don’t see those low-betas outpreforming in the near future. Also dumped my Pfizer and Campbell’s for similar reasons.

I like materials, I think they’ll start catching upgrades as the narrative starts to embrace the beginning of the new expansion thesis.
Cramer just bought DD and WM...

>> No.19564796

>>19564726
If we wanted to crush the GDP to ensure no old folks die we should've done it correctly instead of this half-assed shut down social distancing nonsense. How can a grocery store pharmacy expect to survive the next six months if their main clientele are locked in their homes?

>> No.19564805
File: 319 KB, 640x800, EULSoAcUEAAECaR.png [View same] [iqdb] [saucenao] [google]
19564805

>>19564759
how can i profit off FOMC meeting

>> No.19564828

Gonna sell SWISX soon as it hits 20 per. Cut my fees in half. Sides any foreign company worth a damn is on the U.S market anyway so there's no point in me having it. It's been dragging my gains down to boot compared to my other positions.

>> No.19564831
File: 320 KB, 598x400, Rhodium.png [View same] [iqdb] [saucenao] [google]
19564831

Here's some good commodities for good $$$$

DBSHF *Rhodium
PALL *Palladium

Buy these now as they're mainly used in manufacturing...which is returning big time anytime now.

Plus with incoming inflation, prices for these metals will only go up.

If you look at charts, prices of these metals have been going through the roof. Seems logical to hop on for the ride to $$$.

>> No.19564833
File: 166 KB, 410x339, 1583870784149.png [View same] [iqdb] [saucenao] [google]
19564833

>>19564759
>Have your costs been increasing or decreasing lately?
Mine have been increasing somewhat over the past month. Closer to pre corona chan average now. This is partly because I'm confident my jobby will return sometime this summer, probably late July or early August.

>>19564775
>tism pills?
more or less. Mostly for OCD. I haven't run out. Just salty about making the trip for nothing. I did buy some groceries while I was there though. I ran out of peppercorns this week.

>> No.19564851
File: 44 KB, 677x503, file.png [View same] [iqdb] [saucenao] [google]
19564851

oil bros....is it crazy to put 80% of my portfolio in GUSH on monday 8 am

>> No.19564861
File: 43 KB, 640x480, Bear on the way to NYSE.jpg [View same] [iqdb] [saucenao] [google]
19564861

https://www.google.com/search?client=firefox-b-d&q=Corona+statistics+US

MN>1week

>> No.19564865

>>19564794
I'm playing with a focus on inflation in commodity prices in general. I'm honing in on metals. Iron and copper are of particular interest. ETFs will give me more than enough exposure to gold.

>> No.19564867

>>19564667
this happened me with pain killers few weeks ago
one day withdraw + pain was awfully

>>19563650
dont mention S&W here ever again. Nice pic tho >:D

>> No.19564880
File: 490 KB, 1920x1280, 1572968989285.jpg [View same] [iqdb] [saucenao] [google]
19564880

>>19564833
what kind of fun OCD do you have?
do the pills really help?

>>19564759
I wasn't paying attention to what other people buy. no empty shelves in the store, except maybe lysol and clorox wipes.
I bought some luxury beers and some wine, even though I'm trying to drink less .. ....
They were on sale so it's not my fault

>> No.19564892

>>19564851
No but sell within the hour.

>> No.19564900
File: 555 KB, 616x505, xxer.png [View same] [iqdb] [saucenao] [google]
19564900

>>19564518
Im eating lasagna right now

>> No.19564904

>>19564861
>that angled Bart
The coronavirus is over.

>> No.19564935

>>19564851
Bros, WTF is the story behind GUSH losing $3000 a share over the last year?

>> No.19564941

>>19564935
Nobody tell him.

>> No.19564964

>>19564900
homemade? I can call you chef Bullardee
(CAG brand btw)

>> No.19564992
File: 360 KB, 450x500, 1563663596960.png [View same] [iqdb] [saucenao] [google]
19564992

>>19564900
asagna sucks dick. There’s 10 different ways to do this better and none of them are Lasagna. If you like Lasagna, you’re a tasteless faggot who can’t decide between eating tomato soup and actually good pasta.

Fuck this nonsense. Not like making it better works either. It’s shit even with a beschamel. I cooked Lasagna for my friends again yesterday and watched as they raced about this underwhelming fuckpile of a dish.

I’m going to make a layered Pappardelle with a chili flake and garlic oil tomato sauce with layers of fresh mozzarella and basil in between.

FUCK LASAGNA.

>> No.19565005
File: 33 KB, 443x418, 1564397902523.jpg [View same] [iqdb] [saucenao] [google]
19565005

>>19564794
Also, I'm heavy on FCBFX with MUB, rounded out with QLTA, PSK, and XLT. I'm very disinterested in this market, but I have a few smaller picks. 50%+ of my investment accounts are cash. Any anon who knows their shit, please tell me if I'm retarded.

>> No.19565007
File: 243 KB, 1545x869, 1590665456489.jpg [View same] [iqdb] [saucenao] [google]
19565007

>>19564454
>At this point, I'm investing in SOXL, NAIL, TQQQ, USO, UCO, Tesla and PALL.
I'm planning to replace my Canadian financial stocks with HFU (2x financials). I already have some HFU and I want more gains.

>> No.19565023
File: 69 KB, 319x615, 1559239343840.png [View same] [iqdb] [saucenao] [google]
19565023

>>19564992
this might be the worst opinion of all time
wow

>> No.19565026
File: 129 KB, 1080x2160, Screenshot_20200605-160025.png [View same] [iqdb] [saucenao] [google]
19565026

My gains this week

>> No.19565034

I've got about 20k in RDSb , Hal, and XOM. What happens Monday?

>> No.19565038

Any private security firms to buy stock in? Once the police departments get defunded/disbanded these puppies are gonna moon! All I know of is Brinks, what else is there?

>> No.19565043
File: 49 KB, 515x832, animucola10.jpg [View same] [iqdb] [saucenao] [google]
19565043

BUY KO

>>19564880
>what kind of fun OCD do you have?
>do the pills really help?
It mainly manifests in the form of being highly suspicious of the safety and durability of things. Like utilities; power will go out, water lines will burst and flood my apartment, fires will start either in my place or neighbours place and spread to mine. Car will break down. Other people will crash in to me while I'm driving. I don't fly in planes anymore because they spook me. That sort of stuff. Bunch of pointless checking rituals associated that I MUST perform or these things will happen. I don't have any of the germ things other OCD people seem to often have. Don't care about germs anymore than the average person. I think the worst part of OCD is you KNOW this stuff is beyond the range of ordinary rationality but you can't stop it. Yes, pills help (for me).

>>19564900
I'm making a pizza this evening.

>> No.19565046

>>19564851
I have some HUC which is just 1x december futures. The leveraged commodity ETFs go to zero because of how volatile commodity prices are and I don't think they're for keeping around.

>> No.19565054

>>19565026
DAYUM grats anon. you made it back from the grave. howd u manage that?

>> No.19565055

>>19564941
Rude :(

>> No.19565058

Kek, the T empire is vast indeed. For example buried within the WarnerMedia unit exists a video game development & publishing arm. Several well known game series are owned by T. Not even DIS for all it's vastness does games anymore. DIS licenses it's content out for use in games, it don't make or publish them. But on the flip side DIS along with Sony retains it's music arms. The other media players (Universal/Paramount/Warner) sold theirs off years ago. Truly be grand if the WMG was brought back under the Empire again..

>> No.19565066

>>19564023
Canadian banks, oil and if you're brave REITs.

>> No.19565077 [DELETED] 

>>19565055
go tf back lazy nigger

>> No.19565079

>>19565054
9000$ loan on Delta Airlines. I'm not even finished.

>> No.19565084

>>19564343
>penny stocks. turn that 2k into 0k real quick.
kek
He could also buy options and get the same result.

>> No.19565099

>>19565007
I've never thought of that, HFU looks like a fanastic opportunity.

>> No.19565112
File: 188 KB, 326x416, k1x.png [View same] [iqdb] [saucenao] [google]
19565112

>>19564992
Thumbs Down
>>19564964
The maids made it finally after I asked for days

>> No.19565127
File: 15 KB, 662x355, Annotation 2020-06-06 211736.png [View same] [iqdb] [saucenao] [google]
19565127

>>19565026
nice recoovery, i was able to dig myself out of a hole this past week as well

>> No.19565128

>>19565043
If any of those things actually happen, are you able to react to it like normal? you need a big manly man to take care of you
I'm glad to hear that the pills help :)

>> No.19565145

>>19565038
>Once the police departments get defunded/disbanded
Not happening. They can make virtue signalling statements about that but once it comes down to city council votes and such, the idea will be punted straight in to the garbage where it belongs. "Responsible community force" fuck off.

>> No.19565153

>>19565128
>If any of those things actually happen, are you able to react to it like normal?
No I have panic attacks.

>> No.19565154
File: 31 KB, 1080x310, Polish_20200606_221942670.png [View same] [iqdb] [saucenao] [google]
19565154

>>19565084
Bought Options on OXY at $19 a week ago.

Not all options are bad....

>> No.19565163

>>19565154
Nice.

>> No.19565198

>>19565145
>"Responsible community force"
You're right that won't happen. What I'm saying is the more real possibility is funding that would have gone to the PD, will instead be used to hire private security firms. Police will still exist, just under a different name.

>> No.19565202

>>19562760
Going to be dumping at least $500 in oil and Yamana/Barrick gold Monday morning, but is Kitov worth a few shekels too?

>> No.19565208

I could do options on DAL but after reading about so many people who've fucked themselves via the wrong options plays it makes me hesitate. Hell I read where this one dude went 200,000 into the hole over it.

>> No.19565223

>>19564341
I'm holding $3.5k GUSH. Oil recovery will almost certainly take a year or two, but I expect to sell before September. With the nature of GUSH probably the most aggresive gains will be over by the fall if not sooner, and I am expecting a second major dip in the market around/after the US election. Basically risk/reward tips for me around that time so that there's probably going to be better things to baghold.

I expect GUSH gains at least until the end of June.

>> No.19565231

>>19562981
we are in the euphoria stage of the bubble. i have no doubt there will be another crash, probably in late summer / early fall. screenshot this

>> No.19565233
File: 2.17 MB, 1350x1920, 1555442000584.png [View same] [iqdb] [saucenao] [google]
19565233

>>19565112
we're going to need to get you in cooking lessons or something

>>19565153
the more that I learn about Canadians, the more adorable they are and the more I want to protect them. I just want to wrap you in a nice soft blanket and tell you that everything will be ok. Maybe I'm the weird one.

>> No.19565239

>>19565007
>>19565099
>HFU
This week I put $43k into FAS. I'm either going to get fucking rich or get fucked.

>> No.19565252

>>19565034
Big good.

>> No.19565258

>>19564067
I genuinely believe the fed isnt trying to protect the markets from a crash. The fed is trying to prevent a liquidity crisis and deflationary spiral that ruins everyone's lives. Vastly inflating the price of equities was a side affect of the drug, not the intent of the drug.

>> No.19565259

>>19565202
Why Gold? Gold is a meme that barely goes up, better off investing in SPY at that point.

Buy Palladium and Rhodium instead. They actually gain immense value over time.

>> No.19565262

>>19562839

This is bullshit though. People can't consistently x2 their money. People that do with options or whatever are lucky and will fall on their asses eventually.

>> No.19565281

>>19565153
Don't we all have panic attacks?

>> No.19565289
File: 267 KB, 1920x1200, yuru1552184204.png [View same] [iqdb] [saucenao] [google]
19565289

>>19565233
second season of yuru camp when?

>>19565281
i don't know

>> No.19565294

>>19562917
>oil
short term looks bright, long term is fucked, as it has been for years, get out before either the next rug pull or crab to zero
>banks
Long term is bright as fuck, short term they lag the market so still cheap as fuck. Even if rug pull, just use iron hands and itll get better. Litterally the best bet right now, since the absolute worst case at this point is you have to wait for your sweet gains. Buy calls a year or two out and youve got a bulletproof moon mission on your hands.

>> No.19565310

>>19565294
>short term looks bright, long term is fucked
can you define short / long term? i don't think we are getting off hydrocarbon based energy anytime soon. do you mean that for +3 - 6 months oil looks good, while 6 months - 2 years oil will take a hit because of drawn out unemployment? or will Russian / Saudi Arabia start another oil war to push out American shale gas?

>> No.19565328

>>19564067

western societies are a pyramid scheme. If shit is looking grim just dump more debt onto future generations.

>> No.19565341

>>19565310
Not him but it's more that oil production and international commerce are FUBAR than the future of oil itself being bleak. All it took was KSA saying it might renege on the previous deal to crash the NYSE.

>> No.19565373
File: 396 KB, 500x536, 1585853671876.png [View same] [iqdb] [saucenao] [google]
19565373

>>19565294
>Litterally the best bet right now
Stick to big banks and avoid COF. That's all I can really say.

>>19565310
Should be 10 - 20 years. banks should look great in no more than 10 years. I would argue that the price targets from analysts may be high. I don't know if they've priced in fallout from the trade deals.

>> No.19565376

>>19563145
I have $5k in xom. I have $8k in cash that I was going to buy more xom with on Friday but I pussied out so i hope it doesn't moon

>> No.19565377

>>19565038

Securitas is still cheap compared to pre-corona. They pay a nice divvy and have potential for growth with tech solutions and buying smaller bussiness all ove the world.
About 8% of my portfolio is Securtias B.

>> No.19565383

>>19565294
Great insight, OPEC has decided to extend cuts all the way to August....OIL will get to $50 by July and $60 by August. GTFO by mid-late July.

Looks like Oil is back in play boys.

>> No.19565402

>>19565294
>Oil to zero

Lmao what are you smoking?

>> No.19565409

>>19565341
i see "oil" getting tossed around but i'm guessing you all are referring to upstream oil exploration. can't say much about midstream but i'd expect downstream (refining) and chemicals to pick up once we get out of this COVID situation.

>> No.19565427

>>19565373
should a foreign stocks etf / mutual fund even be included in a portfolio with Trump ratcheting up a trade war?

>> No.19565435

>>19564067
Crypto isn't an equity.

>>19565328
That kind of hyperbole is a little two far-fetched: an FTC document concluded working in herbalife or it works has less of a chance being profitable than roulette at Caesar's Palace.

>> No.19565437
File: 41 KB, 800x450, EZqTZijXgAEqEE1.png [View same] [iqdb] [saucenao] [google]
19565437

Daily reminder this is not sustainable

>> No.19565441

>>19565373
I've got 5k in jpm and 5k in wfc, who should I put another 5k in?

>> No.19565449

what is the average net worth of /biz/smg/ this thread is depressing

>> No.19565454

>>19565437
seethe more bear

>> No.19565469
File: 291 KB, 1200x2197, laddie.jpg [View same] [iqdb] [saucenao] [google]
19565469

wat do?

>> No.19565477

>>19565208
options are super leveraged and you can make and lose a lot of money off of them. but if you set strategies to mitigate your losses then your gainers can easily outperform your losers. just know when to get out of a losing options contract before its too late. risk management is critical in options trading

>> No.19565480

>>19565437
i dont care about the index, if shit tanks it will be a fire sale for my symbols, otherwise perma bull for the next 7 years.

>> No.19565484

>>19565449
$750k
about $150k is in Roth 401(k)
$200k in 5yr CD (thanks Dad)
rest in short term CDs and savings accounts
started dripping some into Roth IRA / brokerage account, new to stonks so i didn't go ball deep in March / April. feels bad man

>> No.19565493

>>19565437
that just shows how positive market sentiment is

>> No.19565503

>>19565493
> hurr durr everyone is going to make money buying calls

>> No.19565527

>>19565503
>why yes im a retard who cant understand the stock market is driven by market sentiment and a very positive outlook after a dip is extremely bullish, how could you tell?
anyway note you cant even tell the expiration date on the options they could be LEAPS for all you know (an extremely SMART decision by any established trader on stocks like oil)

>> No.19565532

>>19565503
>>19565527
pls dont fight, frens

>> No.19565536

In one month I've got my retirement account from 12k to 14k with covered calls and bonds!

>> No.19565546
File: 3 KB, 709x33, cytube room.png [View same] [iqdb] [saucenao] [google]
19565546

Movie night movie night! Tonite's feature is Rombo: First Blood (1982)! I haven't seen it in many years but I remember it being very good, ratty will like it and nobody will be mad like last week

>> No.19565549
File: 84 KB, 595x563, bullish.jpg [View same] [iqdb] [saucenao] [google]
19565549

Bleeding heart liberals switched their attention on Harry Potter for not believing Juwanna Mann is a real woman and UFC is on; none of the top trending tweets are police-protest related. America is undefeated.

>> No.19565556
File: 51 KB, 413x243, 1591145744869.gif [View same] [iqdb] [saucenao] [google]
19565556

>>19565262
>NO ONE CAN EVER BEAT THE MARKET EVER EVER EVER! IGNORE THAT THE MATHEMATICAL OPTIMAL WAGER ON A BET WITH AVERAGE ODDS OF THE MARKET IS >1 AND THEREFORE A SIMPLE LEAVERAGED POSITION WILL CONSISTENTLY BEAT THE MARKET!!1

>> No.19565559

>>19565546
>Rombo
i'll skip. tell me when /biz/ and /tv/ team up to watch Wall Street (Douglas, Sheen)

>> No.19565562
File: 250 KB, 1280x720, 1560825910314.jpg [View same] [iqdb] [saucenao] [google]
19565562

>>19565427
I personally don't know and I trust my retirement account to cover my bases there. The trade deals are very interesting. Give them a read sometime. It's going to be a real shame if they fall through.

>>19565441
My watchlist consists of JPM, C, BAC, AXP, and WFC. I like V and MA more, but they're way out of my range. If you had to pull the trigger right now between JPM and WFC, i'd pick JPM. I would consider some preferred if I already had 10k in each. If you look at my posts, i'm very bearish so take that how you will.

>>19565449
5 figures, i'm poor and under 30. business and economics is a hobby and interest. personal finance is something I need to do myself.

>> No.19565574
File: 1.58 MB, 1530x854, Screen Shot 2020-06-06 at 8.01.35 PM.png [View same] [iqdb] [saucenao] [google]
19565574

I recorded an NHK documentary and this is what I see when I turn it on. Could you imagine if US public broadcasting aired shit like this? A 5 minute segment dedicated solely to guiding viewers through an abdominal workout?

>>19565281
>Don't we all have panic attacks?
No. It took me years to figure out that I was experiencing panic attacks in high school because no one talks about them or how they felt to me. Probably better, I might have made a big deal about them at the time, instead of just thinking "this is so weird? what the hell is going on, am I getting sick?"

>>19565258
>The fed is trying to prevent a liquidity crisis and deflationary spiral that ruins everyone's lives.
I agree.
I'm not sure if this is a natural effect that it benefits the rich and fucks the poor, or if this is why the conditions were created that allowed a black swan to force the Fed to act this way.

But it's the Matthew principle that the rich get richer, so it's been in effect for millennia.

>> No.19565577

>>19565527
>I'm MR directional HERO!
any established options traders play it very neutral

>> No.19565586

>>19565469
sue anyone I can and be annoying enough to get them all to settle, then put my settlement payouts on SPY calls

>> No.19565587

>>19565377
Perfect, thanks, that's what I've been looking for.

>> No.19565590
File: 618 KB, 500x500, tumblr_mwy0ayKPSq1ru39xmo1_500.gif [View same] [iqdb] [saucenao] [google]
19565590

>>19565437
Theoretically there is no ceiling.

Take a graph of the S&P 500. Zoom in. Zoom out. Imagine yourself in the year 2040 looking at this graph. Imagine at that time the shape of the graph from 1990 to 2020 looking as flat then as the graph from 1950 to 1980 looks to us today.

>> No.19565594

>>19565556
>just buy calls, free money
hmmm must be why options sellers have beaten the market for the last 20 years

>> No.19565599

>>19565562
based fiscally responsible povertyanon

>> No.19565601

>>19565449
~116K. Cool, I didn't think I was at 6 figures yet!
69.3K checking
8.1K brokerage
29.1K in one 401K
9.9K in other 401K

>> No.19565608

>>19565601
why so much in checking, buying a house?

>> No.19565621
File: 66 KB, 452x363, 1590792375354.jpg [View same] [iqdb] [saucenao] [google]
19565621

Would anon agree with me if I said that SP500 Index essentially incorporates the majority of a typical trader's trade choices and executions within their trading lifespan?

Essentially as a trader you are competing with and against the average performance of the market total return over typical investment lifespan (SP500/VOO/SPY in this case used as benchmark).

If we go by the historic performance the typical trader is trying to exceed/beat the return of about 9% over say a 10 year period. This is a rough estimation, but quite accurate.

As the SP500 is a good indicator of total market performance, your typical investor is competing with this benchmark with every trade. Unless you are trading with outliers that are not within the scope of this index, your trades are swallowed/encompassed by the SP500.

So with every trade made a trader would need to try and execute a return greater than 9% if you wish to exceed the performance of SP500. You would need to exceed this return as you will likely no be successful every time.

So the bottom line question, is it really worth trading outside the scope of sp500/voo/spy?

How you beat the market over time?

>> No.19565623

>>19565577
neutral plays on a strong directional uptrend with IV on a downtrend is dumb. neutral plays have a time and a place but it definitely isn't now when the market expects a recovery unless something unexpected happens (in which case you'd expect a major red day)

>inb4 neutral plays want declining IV
you want declining IV without a strong direction

>> No.19565633
File: 30 KB, 200x276, thumb_eat-a-bag-of-dicks-you-bunch-of-dirty-fucking-29849845.png [View same] [iqdb] [saucenao] [google]
19565633

>>19565437
>Daily reminder this is not sustainable
Okay Greta Thunberg

>> No.19565653

>>19565437
Chart doesn't really help your case, lower ratio appears to rarely precede crashes, and generally marks the beginning of run-ups

>> No.19565656
File: 511 KB, 4198x2708, 1591216213915.jpg [View same] [iqdb] [saucenao] [google]
19565656

>>19565621
>So the bottom line question, is it really worth trading outside the scope of sp500/voo/spy?
>How you beat the market over time?
Options, leverage, timing, or preferably a combination of all 3

>> No.19565658

>>19565621
You identify growth sectors like tech in the previous years

>> No.19565659

>>19565608
>buy at the top
shouldn't housing go down once the Boomers start leaving their McMansions? also, the cheapest houses cost ~$150k in rural America

>> No.19565663

>>19565608
I thought there'd be a harder housing dip by now. I also forgot the stock market was a thing until early this year.

>> No.19565698

>>19565621
For most people if you have 25 to 30 years looking at you before retirement I'd say dump it into the S&P 500 or total market funds and leave it alone. Add more to it each month and do something else. Play with stocks with some spare green if you want but your bread and butter (S&P 500) you leave alone.

>> No.19565733

>>19565623
who said there will a strong direction? Didn't you read those addendums - past performance is not indicative of future results

>> No.19565746
File: 672 KB, 1900x1424, Screen Shot 2020-06-06 at 8.19.28 PM.png [View same] [iqdb] [saucenao] [google]
19565746

KO KO KO KO KO KO KO KO
>KO KO KO KO KO KO KO KO

>>19565043
>BUY KO
Absolutely and irrefutably correct.

>>19565437
Uhhhh doesn't this mean options trainers are insanely bearish?
You view that as a purely bearish development?

>>19565233
>the more that I learn about Canadians, the more adorable they are and the more I want to protect them.
yep yep yeppers!
>tfw didn't have the balls to fly to meet that one shut-in autist canadian girl that probably wanted to be my e-gf
Those were better times on 4chan... before the rise of 4channel

>> No.19565748

>>19565594
I tried selling credit spreads once. The gap up big green dildo instantly put me in the money and I lost all my premium + collateral the next morning. It's actually my biggest loss so far since I was willing to risk a lot more in collateral due to the house-always-wins option seller meme.

>> No.19565751

>>19565621
>How you beat the market over time?

Trade on growth outside the index.

>> No.19565756

>>19565698
From all I've read, that appears to be the general consensus. With 40 years to retirement for most people here, should bonds funds even be considered? Also, would 20% of total portfolio in a foreign stock fund be worthwhile?

>> No.19565765

>>19565748
what an amateur response

>> No.19565770
File: 1.54 MB, 1971x1925, animucola_and_snacks.png [View same] [iqdb] [saucenao] [google]
19565770

>>19565746
sweet

>> No.19565778

>>19565733
Anon, look at the charts - hell do some voodoo TA if you cant confirm strong upward trend
>>19565748
your strike price was too close

>> No.19565781

>>19565746
Is it true that high fructose corn syrup in soda caused diabeetus?

>> No.19565787

>>19565223
thanks, I put a stop limit sell at $50.75 and $50.00, figure I bought it at $48 and I don't expect it to dip more than a couple $ from its current run, I dont want this to tank and lose the 4800$ i put in.

>> No.19565800

>>19565781
no self-control and genetics causes diabetes

>> No.19565808
File: 64 KB, 600x574, 1583070223904.jpg [View same] [iqdb] [saucenao] [google]
19565808

>>19565590
>Theoretically there is no ceiling.
I'm going to go back to my shampoo statement from last thread.

>>19565621
Anon might, I won't. Beating the S&P is almost like trying to play a competitive TCG where single decks can have multiple OTWs with a typical starter. There is some real bullshit and broken shit that has been happening for a while that is conflated with performance. It is risky by nature and as always, past performance does not mean future results.
>As the SP500 is a good indicator of total market performance
It's not. and it's why
>trading with outliers that are not within the scope of this index
is likely not a winning strategy unless you're picking things that takeoff upon getting that sweet sweet index bump like Zoom did.
>with every trade made a trader would need to try and execute a return greater than 9%
the aggregate return of the trades over the period, yes.
>is it really worth trading outside the scope of sp500/voo/spy
it depends. check nikkei.
>inb4 hurr not america dumbass
no, it deals with the assumptions of the argument, retard.
>How you beat the market over time?
see >>19565658 and do it with >>19565698
It's ass retarded to be full equities however. you should really have bonds and cash. you cannot go without these two. I don't know who started this idea of 100% equities. It's a common ... misunderstanding(?) of "throw it into the S&P."

>>19565756
>should bonds funds even be considered?
Absolutely. They're as essential as cash. Imagine someone with cash and bonds in their 401(k) in march.
>Stock funds are shitting themselves
>VCA
down for the month, but now up faster than everyone else.
>Bonds funds shit the bed
>too much loss
>hold
faster recovery than stocks and can be used to fund further VCA or you can just keep em.

>> No.19565812

>>19565698
I play options because I don't want to work for 25 to 30 years.

>> No.19565813

>>19565746
no, put/call = 0.4 means for every 4 puts there are 10 calls

>> No.19565841
File: 153 KB, 1040x615, Screen Shot 2020-06-06 at 9.28.14 PM.png [View same] [iqdb] [saucenao] [google]
19565841

>>19565621
all you had to do was invest in growth. Nasdaq beats SP500 by +4% every year for the last decade... Check out this chart. Put your money in something that grows.

>> No.19565843

>>19565812
and then you lose 50% of your portfolio in a single trade and have to work 40 years

>> No.19565850
File: 221 KB, 568x479, Green Wojak.jpg [View same] [iqdb] [saucenao] [google]
19565850

And wallah! SPY will never ever EVER be under 3m ever again!

>> No.19565853

>>19565808
>VCA
i don't understand this term. also, how are bonds liquid when everyone shit their pants because coronavirus shut down the US? i feel like most would keep cash on hand instead of swinging from equities to bonds.

>> No.19565869 [DELETED] 

>>19565850
Fuck off with your sandniggers speak

>> No.19565883

>>19565449
I just got out of college so it's depressing.
I've almost broke even against my student loans, so thanks to interest payments being suspended, I'm putting the money I'd use to pay them off into a brokerage account.

>> No.19565897

>>19565813
Which is bearish on the market.

>> No.19565899

>>19563442
why's that?

>> No.19565904
File: 206 KB, 750x684, 7E4D5270-5A2B-4425-906E-A5479E617706.jpg [View same] [iqdb] [saucenao] [google]
19565904

Rate my stack

>> No.19565906

>>19565765
Yeah I know I suck.
>>19565778
Making $10/day just seemed boring. Also SPY was bouncing off a hard ~295 resistance for a while so I was reasonably confident it wouldn't break 297/297.5.

>> No.19565909

>>19565883
if your growth is greater than the interest rate on student loans, i can see putting money in a brokerage acct. i would just sleep easier if i knew everything was paid off and i had zero debts

>> No.19565932

>>19565904
lordy, id roll out of those ccl calls. Well done lad, your gonna make it

>> No.19565938

>>19565621
I've pretty much become an indexlet with leverage and then my best 1-3 ideas on the side (very good percentage of portfolio though)

I think it's very safe to be a lazy fuck, rely on indexes, and then trade when you find something golden or a big market move coming. There's no way I can manage 20 positions on my own. It's just impossible compared to 2-3 positions + indexes.

>> No.19565941

>>19565906
you win some you lose some, always have risk management and stop losses when selling options

>> No.19565946

>>19565909
Forbearance was supposed to end last month and Fedloan never contacted me. During the recovery, my monthly returns are at a higher percentage than my loans' interest. If it keeps up, I can just pull out of everything but the blue-chips once contacted and eliminate the worst of them thanks to a couple tips from /smg/.

>> No.19565962

>>19564935
its a stock that splits so the value does not reach zero, recently split on 23 March, it fucks with the price of the individual stock

>> No.19565966
File: 29 KB, 477x477, 1568625822214.jpg [View same] [iqdb] [saucenao] [google]
19565966

>>19565853
>VCA
value cost average. for the 401(k) investors, when the prices go down, you stop going to starbucks and put the money into your account. Lower prices, larger investments. High prices, thinner investments
>how are bonds liquid when everyone shit their pants
it's not bonds, it's bond funds. bonds are not very liquid. The shit the pants was fear of a credit/debt market freeze, bankruptcies, and an end to the credit rating bubble. This fear in the bond market was more or less rightfully dissipated (unlike stocks which should probably be more afraid) by the FED's statements ensuring that they will keep the debt markets from freezing up. We're still in a debt bubble that can keep ballooning, but what happens from here is anyone's guess.
Additional note: The credit bubble is not the same as the credit rating bubble. There's a set of regulations regarding particular funds where they need to be holding BBB rated or better. Over time there has been an accumulation of BBB credit ratings... weird, no? this has also happened in consumer credit ratings too, I wonder why... Our credit scores will probably start seeing downward pressure sooner or later. Not that this really matters for /smg/

>> No.19565968

>>19565904
Pretty sure that July WM call will go ITM. Well played.

>> No.19565977

>>19565904
>MGM
reddit tier

>> No.19566000

>>19565968
I work for them, so I’m pretty bullish. Niggas always gonna need trash services

>> No.19566004

I never bothered with college. Didn't see the point in it. Why go ass deep in debt and be forced to take bullshit classes that you'd never use and that have zip to do with what your good at you know. I'm good with computers and networking. Not coding or programming or shit like that. But just good old IT in general. So I got my A+ and Network+ certifications. All you need if programming and shit ain't your bag. Cost? dirt cheap compared to a C.S degree which is fucking overkill for just I.T general work. My certs are valid for life to boot. (2002/2003 era). So once and done. CCNA is a crock of shit to. Good for cisco shit but the core concepts are covered in Net+ as well. Do you want to program/setup a cisco router? If no, then you don't need a CCNA.

>> No.19566018

>>19566004
And how much do you make?

>> No.19566028

>>19563536
This is gambling.

>> No.19566045

>>19566028
Don't worry, they always end up with $8000 in their accounts and then call the market a "scam"

>> No.19566054

>>19563536
>I think what I keep grasping for is to just buy 1000 of something for 0.01 that expires tomorrow the day before it moons to 1.00 and anything less feels like a failure and not worth it.
That's no good. Trading is about a accumulation of winning trades. Not about the biggies. If you make a lot of relatively safe successful trades you will usually make more than fishing all that time for the one moon shot.

>> No.19566056

>>19566018
I'm in a similar boat but I hold a CCNP and some assorted Fortinet/cloud certs. I make $95k/yr CAD.

>> No.19566065

>>19566004
how much are comptia paying you

>> No.19566082

>>19566018
How much I make ain't the important thing. It's how much I'll have when the time comes when I retire and if it'll cover all my shit so my ass never has to work again that's the important thing. But currently I'm just 20k from hitting 100,000 to my name. I'm 37. Zero debt other than the house. Retirement is at 49/50 with a full package deal. (pension + 401k). Then my brokerage account.

>> No.19566110

>>19566082
>Retirement is at 49/50
Yes, don't have children. Just enjoy the child free lifestyle and consume media or electronic goods.

>> No.19566125

>>19566082
>100k at 37
wow, that's abysmal

>being proud of wageslaving for 30 years

>> No.19566130
File: 58 KB, 640x853, 1590374644281.jpg [View same] [iqdb] [saucenao] [google]
19566130

I'm all in INUV waiting for it to 100% being told that it'll be the next GNUS.. but I also want to take some out of it and put in literally everything that is mooning right now.. fuckkk I'll make more by just holding and waiting but watching everything moon hurts

>> No.19566155

>>19566110
>>19566082
kek, my job is non IT. IT is my fall back if once I retire I get bored as hell. Back in 2005 I needed a job. Landed a state gig. When you can take a gig that let's you walk out in full after 27 years instead of having to work your ass off till age 65 you jump at it especially if it don't involve bullets or burning buildings.

>> No.19566163

>>19566130
>INUV waiting for it to 100% being told that it'll be the next GNUS
Why do you believe that INUV would be the next GNUS?

>> No.19566173
File: 29 KB, 720x720, 1590492675743.jpg [View same] [iqdb] [saucenao] [google]
19566173

> checking brokerage account every hour out of habit

I need a real hobby so I have something to do on the weekend.

>> No.19566177

>>19566155
maybe we are just different people or working in different jobs. i work in an interesting engineering field so work is stimulating and enjoyable. for wagies with Sisyphus tier tasks, i can see how a job would get annoying

>> No.19566182

>>19566125
kek, depending on where you live you can get by pretty damn good on 100,000 a year. and not be a bum about it either.

>> No.19566184

>>19566163
some guy on discord said so

>> No.19566209
File: 1.71 MB, 480x360, BullMarket.gif [View same] [iqdb] [saucenao] [google]
19566209

>>19566173
I'm not the only one,
notice small fluctuations on RH.
Like up 10c down 10c.

>> No.19566220
File: 766 KB, 1500x1500, 1589505021711.jpg [View same] [iqdb] [saucenao] [google]
19566220

>>19566184
Well, I hope you make it anon. I really do. I just wanted to know why would you take that risk.

>> No.19566230

>>19566004
Nobody hiring gives a shit about the "good for life" CompTIA certs because they expire now.
Also, having scripting experience makes you more desirable in finding a job because interviewers love hearing you can automate certain parts of the troubleshooting process or make basic bitch middleware.

>> No.19566246

>>19566209
This might be a stupid question but do bulls actually "Moo"?

>> No.19566253

Example: Dude 1, he makes 80,000 a year. But he's ass deep in college and credit card debt. Plus he's got a house and auto payment. He's also got an ex-wife to support. This is your typical person anymore, right? Ok, Dude 2, makes 40,000 but hes got no debts other than his house payment and he's got no ex-wives to support. Which one has more green? Dude 2 has the most cause Dude 1 blows almost all his wad on debts or court ordered payments.

>> No.19566276

>>19566230
No offense but mine don't expire. That's the point. They stay good till the day I die.

>> No.19566279

>>19566230
imagine degrading yourself as a human being to go in an interview for some boring ass shit nobody cares about

>> No.19566285

>>19566082
>>19566253
It's okay to admit that other people make more than you anon.

>> No.19566289

>>19566173
same here. I want to draw and learn a new language but looking at my account is much easier. I can't fucking multitask I guess

>> No.19566290

>>19566253
The person who can make 30% a year on trading is ahead of either of those. If you can't scale your financial position in some way it's all bullshit. Being stuck at 80k a year is terrible if you aren't gaining. Same with 40k a year.

It's all about being able to compound gains at a faster rate. That's what actually matters. Whether increasing your income, business, or investment return.

Your actual wage doesn't matter that much.

>> No.19566297

How much money do I need to escape the United States before it collapses? What stocks should I buy to fund my escape plan and what occupation should I pick up if I want to live a simple but decent life (welding, industrial mechanic, mining technician) abroad?

>> No.19566301

>court ordered payments

that sounds like hell

im escaping usa immediately this is controlled by women

>> No.19566309

>>19566297
>buying MSM narratives

Not gonna make it

>> No.19566318

>>19566246
I've heard them "moo" for more food when they run out of hay.

>> No.19566321

>>19566276
They don't care. They look at it and wonder why you're putting a cert you earned in 2002 on when that was back when things like WAN accelerators and CRT monitors were still a big deal.

>> No.19566324

>>19566253
I make $100k, but have $30k cc debt and a mortgage. I still have plenty of spending money after bills, and interest on my debt is cheap right now with low rates so not too worried about it.

>> No.19566329

>>19566297
$6k (for sex change op)
Thailand
ladyboy for an occupation

>> No.19566342

>>19566290
Yup, and doing that basically involves tricking everyone else in some way, shape, or form. Wageslavery is a loser's proposition, it's been that way since the 80s.

>> No.19566349

>>19566309
Buying MSM narratives would have me seeing the end of the US now and that Trump is "literally Hitler" but looking to the future, it looks bleak I rather not be stuck here when I am old or doom my kids to the US if it turns into a Yugoslavia pt2. because of my parents decision to come here in the 90s.

>> No.19566350

>>19566324
> i make 100k

ya but youre a 36 year old normy who wears his glasses to work and sits in a rotating chair who talks about how i met your mother with abigail and shes the social media officer

>> No.19566364

AMDchads where we at

>> No.19566380

>>19566349
The USA isn't doomed. Chad Bezos is already subverting and supporting BLM while they burn down a bunch of retail shops.

All those stupid fucking people in USA are who you make money off of.

>> No.19566384

>>19566297
If the USA collapses, there's literally nowhere safe except unironically in the woods and that doesn't need a lot of money. A total USA collapse means something akin to WW3 is going on or some other massive catastrophe.

>> No.19566391

>>19566301
oh that ain't even the worst of it. the lawyer fees and court costs will put a dent in the pocket book to. So yeah. she gets half your shit, you fork out a big green wad for the lawyer and stuff, then if you got kids you fork out another monthly payment on top of it all the other bills.

>> No.19566396

>>19566384
>literally nowhere safe
what about moving to Israel?

>> No.19566412
File: 33 KB, 600x600, 0575FA46-FACB-485F-A23D-6B98C42B6187.jpg [View same] [iqdb] [saucenao] [google]
19566412

>>19566350
Nice guess, but completely wrong. I’m 31, didn’t go to college, don’t wear glasses, and already middle management in a $36B company. I only talk to Abigail when I tell her to get a cab after I fuck last night’s caesar salad out of her butthole. Stay jelly, fren

>> No.19566413
File: 45 KB, 387x512, unnamed (2).jpg [View same] [iqdb] [saucenao] [google]
19566413

>>19566391
u should have placed your money in bitcoin and moved to the mountains of tibet

>> No.19566420

>>19566396
You kidding? Israel is going to become a total war zone real quick if Israel and Iran don't nuke each other first.

>> No.19566433

>>19566391
That’s why you only let your bull fuck her raw dog. At least you avoid the child support that way.

>> No.19566452

>the corrupt media is showing us their distorted perception of the world
>everyone wants the police abolished
>covid 19 is going to kill everyone

If anyone still believes the MSM narrative you are never going to make any money. Turn that shit off asap.

>> No.19566473

>>19566452
If you don't remember, they painted Trump as the next coming of nazi germany/hitler before the last election and he still won.

The MSM narrative is not reality. The crazy people protesting are mostly outliers. There are 330+ million people in USA.

>> No.19566517

>>19566350
100k is good for 37. He'll make it once he turns 57. Which is better than 90% of his age group. Sad reality.

>> No.19566528

>>19566517
>sad reality
>helps us all get higher gains
There's a reason they keep everyone financially stupid.

>> No.19566536

>>19566517
>100k is good

youre mentally ill
most people never make 100k

i just find it a funny meme how everyone on 4chan makes 100k+ when that puts you in the top 9% of earners in the usa

and you got to think most that 9% is old as fuck rich doctors

so these young dudes making 100k must BE like the ceo of google

>> No.19566538
File: 222 KB, 500x700, 1503790807545.jpg [View same] [iqdb] [saucenao] [google]
19566538

is the TMDX shill that works in some sort of medical field still here?

>> No.19566540

>>19566536
It was 100k in savings.. hopefully, he's at 80k. Although he's just doing a really good boomer poster which is great.

>> No.19566543
File: 349 KB, 480x444, 1578390166839.gif [View same] [iqdb] [saucenao] [google]
19566543

>The "Multi LIVE Protests USA 6/6/2020" stream on YouTube is now 100% Seattle cameras
>The cops have been banned from using tear gas
>I can fucking hear the helicopter from my window
gg, boyos.
It's been a good ride.
I'll see you in the next life.

>> No.19566549

Pull back starts Monday, we are headed much higher tho

>> No.19566578

>>19566543
kek, stand around getting yelled at while getting overtime

>> No.19566591

>>19566549
>We are headed higher
Whats your thesis?

>> No.19566600

>>19566591
inflation money printer

>> No.19566604
File: 6 KB, 250x202, images(13).jpg [View same] [iqdb] [saucenao] [google]
19566604

>>19566517
>>19566536
>>19566540
I've got 140k savings, make 170k/year, about to take out a mortgage on a half million dollar condo (fuck Seattle) and I'm 25

Not sure about my relevancy to your shitfest, but I'm high af rn and felt left out

>> No.19566630

>>19566604
I was going to tell you to just keep your money in the market and not go for a mortgage/down payment till ATHs. Your income is high enough if you slum it you're going to make it though. Have to be retarded, which happens, to not move your wealth around to make it off passive income.

>> No.19566632
File: 238 KB, 554x483, xvinex (2).png [View same] [iqdb] [saucenao] [google]
19566632

6/10 movie, its no cabin in the woods

>> No.19566633

>>19566604
well for 25 year olds you are in less than 1%

you are like .0001%

you are one of the richest 25 year olds in the country

>> No.19566643
File: 608 KB, 1856x1398, Screen Shot 2020-06-06 at 9.49.18 PM.png [View same] [iqdb] [saucenao] [google]
19566643

>>19566364
I have some but meh...
MU is the new chad play.

(unless Trump sinks it because muh chyna maybe?)

>> No.19566645

>>19566578
Imagine if it actually turns into a riot though.
That one absolute retard tried to steal a rifle from a cop car about a week ago

>> No.19566651

My picks lately are pretty silly.

I think tech takes off in Q3/Q4 due to inflation and once the big pent up demand is spent on rebound activities. GOOGL is pretty good because they are cutting costs imo. NVDA too because of 30XX cards being killer and in the Q3/Q4 environment growth will be premium.

>> No.19566652

>>19566600
You think they will really just print forever?

>> No.19566653

how bad would riots have to get to affect stock market?

>> No.19566654

>>19566633
I'm flattered.
Why do I still regret not choosing the career path of school shooter instead?

>> No.19566664

>>19566643
I just don't see the case for a huge MU explosion

>> No.19566674

>>19566652
No but they printed 8 trillion and that 8 trillion is going to be manifested in asset inflation, especially since every schlomo is going to be throwing their unemployment monies in the market

>> No.19566677
File: 186 KB, 550x858, behind my cats is a peacock singing to me of my death and yours.jpg [View same] [iqdb] [saucenao] [google]
19566677

>>19566632
Goodness lmao
>>19566645
The people of Seattle need to remember the spirit of the 1999 WTO protests

>> No.19566678

>>19566654
well you could quit now and retire now thats what i would do i dont understand wage cucking fundamentally

all im saying is be aware of your context you live in

when you say something like "yes i earn 100k a year" you got to realize youre like far far better position than anybody

i just hate it when these people think its normal when theyre actually extremelly extremely exceptional

>> No.19566681

>>19566654
At least you are smart enough to invest so you have actual freedom soon.

>> No.19566688
File: 87 KB, 736x627, blue-eyed.png [View same] [iqdb] [saucenao] [google]
19566688

>>19566630
>I was going to tell you to just keep your money in the market and not go for a mortgage/down payment till ATHs.
Yeah, I heard the housing market is retarded and actually going up right now.
I think it's because evictions are illegal in Seattle until March 2021.
But when that hits, all this frozen inventory is going to be released like a constipated, autistic child that was handed a box of chocolate laxatives... maybe I'll buy 2 condos.

>> No.19566698

>>19566677
It's depressing but it's to the point corporations are tweeting support for protesters these days. That shows how actual disruptive or chance they have at changing anything important. These are corporate sponsored demonstrations...

>> No.19566717

>>19566666

>> No.19566718

New
>>19566710
>>19566710
>>19566710
(i want tomboy gf)

>> No.19566721

>>19566688
Watch for tax and public service changes too. if there's areas that are nice near areas with high crime, you might run the risk of buying in an area that starts seeing a lot more crime. I don't know what Seattle's budget looks like, but it's going to be a real problem for many areas soon.

>> No.19566726

>>19566674
Once the 8 trillion is used up (seems like in the next few months) and they stop printing, you think they will keep their money in stocks or move it out?

>> No.19566728

>>19566688
I don't know much about real estate but I like QQQ over it. Not sure what happens with boomers and real estate market.

>> No.19566734
File: 27 KB, 860x625, 107-1078247_transparent-png-pepe-sad-png-download-sad-pepe.png [View same] [iqdb] [saucenao] [google]
19566734

Will we have a red opening or green one?

>> No.19566755

>>19566726
They have already slowed down their repo operations because they dont need to buy so much, in fact they are consistently using around 70% of their allocated daily budget on repo operations. Nobody is going to "cash out" when a bull market is raging.

>muh crash
2008 saw the first of the QE asset inflation bubble and where was the crash after QE was in full force?

>> No.19566802

>>19565621
The market isn't my benchmark because I don't value the same risk metrics as the rest of the investment world.
The various biases and moral hazards of the industry cause them to value the Sharpe ratio and variation.
I know that's complete BS.

My risk metrics are as follows:
I maximize my geometric mean of returns conditional on not being fragile.

With maximizing geometric mean returns simultaneously maximizes compounding growth rate and minimizes risk of ruin. Making sure I am not fragile (i.e. forcing my to be CVaR is decelerating) makes sure I am safe in the event that my modelling is wrong.
A hedge fund would never be able to do what I do because they would lose all their customers.
I have far greater returns than the market, and my volatility is way higher. Though as I already said, volatility is literally meaningless.

>how do I beat the market?
Easy, the market is retarded.

>> No.19566803
File: 85 KB, 1080x1080, 1591030467360.jpg [View same] [iqdb] [saucenao] [google]
19566803

>>19566677
>The people of Seattle need to remember the spirit of the 1999 WTO protests
Got any good links? I'm looking this up
>>19566698
Dude... My director at work basically held a BLM rally during his all-hands on Friday. I saw a 40+ year old white man cry over the death of George Floyd. WTF.

>>19566678
>well you could quit now and retire now
That's not true.
140k isn't enough for a comfy lifestyle through passive investing unless I did stupendous and unsustainable risk.
>when you say something like "yes i earn 100k a year" you got to realize youre like far far better position than anybody
>i just hate it when these people think its normal when theyre actually extremelly extremely exceptional
No, I'm aware that it's very high up there, by far.
But you have to sacrifice a lot to get here, you always want more, and it gets lonely at the top.
You ALWAYS want more money.
What kind of girl do you think I can settle for? How many girls are there in Seattle?
I need to go to fucking NYC next, dude.
Also, what kind of approach to life gets somebody to where I am? Do you have any idea what an insufferable cunt I am?

>> No.19566845

>>19566681
>At least you are smart enough to invest so you have actual freedom soon.
I hope so, anon.
I'm not sure if I'll ever reach a point where I've decided that I have enough money though.

>>19566721
Ya, I thought I saw a deal on a condo until I saw that it was located on fucking Martin Luther King Jr. Drive...

>>19566728
QQQ is pretty nice, but tech seems overpriced and it could just be a local trend rather than a long-term trend.

>> No.19566857

>>19566845
>>19566803
Maybe you should move out to the country and raise chickens

>> No.19566914

>>19566604
wtf do you do for work?

>> No.19566961

>>19566473
>The MSM narrative is not reality. The crazy people protesting are mostly outliers. There are 330+ million people in USA.
The technique in play is to remove dissenting opinion when possible, browbeat people for having one and call them evil, saturate media with this "correct" opinion and brute force hope people go along with it. Further attempt to goad dissenters in to acting the part of the evil cabal they are portrayed to be. It's quite curious how mad the left have become that the moderate and, at least right wing, have not taken to the streets with counter protests. I get the impression they really wanted that to happen so they could plaster it on all screens across the world as if to say "see we told you they are bad literally fascist nazi monsters!".

>> No.19566969

will my SAVE 17.5 puts make it this week? :D

>> No.19566976

>>19565899
He's full of shit.
SPXL is basically fine. Anything else, particularly bear ETFs, he's probably right tho

>> No.19567433

>>19564023
GUSH before moon

>> No.19567477

>>19564892
that’s retarded

>> No.19567574

>>19566297
short if you think it’s collapsing, but you shouldn’t bet against merica

>> No.19567635

>>19566976
SPXL and TQQQ will literally be liquidated if we retrace even 30%. Do your research.

>> No.19567846
File: 56 KB, 621x702, brainlet.png [View same] [iqdb] [saucenao] [google]
19567846

Lol so many people in here trading based on what they "read on the news". You shouldn't be trading unless you have a fine grasp on statistics or you heard some CEO in a cab drop some private information.

>> No.19567877

>>19567846
What is this 1997?

>> No.19567895

>>19567877
Cabs are still used in some parts of the world, but I get your point. I don't know how else you'd achieve this information asymmetry without it falling back on your ass.