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

/biz/ - Business & Finance

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>> No.22191405

If you’re reading this, you’re gonna be alright anon hang in there

>> No.22191439
File: 15 KB, 702x318, God fucking damn it.png [View same] [iqdb] [saucenao] [google]
22191439

I will kill myself if I go to $50k or lower.

>> No.22191453

Cruise lines are up the day the market shits the bed. Why? Because smart money is rotating out of over-priced tech stocks and into covid stocks in preparation for the end of covid hysteria.

>> No.22191467
File: 158 KB, 828x1792, FdkmWFc[1].png [View same] [iqdb] [saucenao] [google]
22191467

oh no no no HAHAHAHAHAHAHAHA

>> No.22191470
File: 371 KB, 1080x2280, Screenshot_20200903-174558.jpg [View same] [iqdb] [saucenao] [google]
22191470

AAAAAAAAAAA

>> No.22191471

reminder to buy TQQQ/SOXL dips, tech is the future

>> No.22191477
File: 659 KB, 1093x750, Too sumi to convey.jpg [View same] [iqdb] [saucenao] [google]
22191477

>>22191439
I mean, good luck dude but I think I'd off myself if I lost 11k.

>> No.22191478

This is the stock pictures guy
https://twitter.com/TradingThomas3

>> No.22191482

>>22191399
Who /big dick badass/ here?

>> No.22191485

Should I buy SQQQ tomorrow? what's the outlook?

>> No.22191489

>>22191467
wew lad

>> No.22191492

what is this shit that TQQQ goes to zero if it drops by 33%? explain someone pls?

>> No.22191495
File: 552 KB, 1366x768, 1469320233248.png [View same] [iqdb] [saucenao] [google]
22191495

Getting ready for the bear market

>> No.22191498
File: 76 KB, 249x264, hopper_cheers.png [View same] [iqdb] [saucenao] [google]
22191498

TINK TINK

*AHEM*

May wild tycoon capitalism grace us with profits and rockets, amen

>> No.22191533
File: 62 KB, 600x800, 1522326253123.jpg [View same] [iqdb] [saucenao] [google]
22191533

>>22191439
>>22191467
>>22191470
Glad I'm not you lads. Stay strong though.

>> No.22191536
File: 184 KB, 2093x987, Tesla-Prophecy.png [View same] [iqdb] [saucenao] [google]
22191536

Everything continues to dump in after market hours trading.

THIS
IS
BEAR
COUNTRY

>> No.22191546
File: 416 KB, 640x800, 1598145144836.webm [View same] [iqdb] [saucenao] [google]
22191546

Invest in machine learning and AI stocks for the long-term

>> No.22191560

All red futures again!

>> No.22191567

>>22191536
I don't like that chart.

>> No.22191568

>>22191560
stob

>> No.22191574

>>22191470
That’s honestly not that bad. Probably a week and half of gains lost.

>> No.22191589

>>22191467
r/WSB plagiarizer begone.

>>22191478
Yes.

>> No.22191611

>>22191467
Probably up like 2+ million this year.

>> No.22191622

It's not fair that shit like Microsoft have to tank when it's an honest boomer tech stock. It's just not fair..

>> No.22191624
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22191624

>>22191536

>> No.22191627
File: 184 KB, 1140x969, 1519183014969.jpg [View same] [iqdb] [saucenao] [google]
22191627

46k in cash, shill me on MMP and cruises.

>> No.22191628

I am an associate at a private equity fund managing over $25 billion.

Ask me anything you want about what I think of the market, economy, politics, etc...

>> No.22191650
File: 117 KB, 678x1356, Capture+_2020-09-03-22-28-32.png [View same] [iqdb] [saucenao] [google]
22191650

Down a bit today but that's an element of my strategy and has very minor long term implications and in the majority of cases a better outcome, though this does postpone the start of my box turtle strategy by probably a week. I'm really excited to put it into play. Soon.

>> No.22191649

>>22191439
If I had $50k to my name, I could make a $10,000 per month net profit business by the end of the year.

>> No.22191651
File: 2.57 MB, 1920x1080, kuma.webm [View same] [iqdb] [saucenao] [google]
22191651

>>22191495
I'm ready daddy

>> No.22191657
File: 28 KB, 587x337, B573847792D0485D8A865AF47B3FAEA5.jpg [View same] [iqdb] [saucenao] [google]
22191657

>>22191622

>> No.22191660
File: 566 KB, 500x483, QcdvP3p.gif [View same] [iqdb] [saucenao] [google]
22191660

I need more anime to cushion the blow, is Yuru Camp good?

>> No.22191664

>>22191628
Will the dip keep dipping next week?

>> No.22191666

I posted last night about being a novice investor and asked how do I reconcile how expensive tech is and I couldnt buy in. So I set up limit orders for a 5-6% pullback and most of those got blown past like nvidia. Didnt go balls in with any but now I've set up another round of limit orders for another 7% pullback. Am I going to make it or should I sit back and watch? Is this just a pre-holiday long overdue risk dump/profit taking?

>> No.22191668
File: 188 KB, 680x680, clownstuff.png [View same] [iqdb] [saucenao] [google]
22191668

stonks

>> No.22191669

>>22191628
>associate
So you're a finance undergrad earning 60k with no stock options? :^)

>> No.22191671

>>22191628
How hard are cruise lines going to moon in the next few months.

>> No.22191674

>>22191628
How far are you underperforming QQQ YTD?

>> No.22191680

>>22191628
what's the real risk to markets if there's a contested election and street fighting in november

>> No.22191683

>>22191628
Who’s the office prick?

>> No.22191687

>>22191628
How low will Tesla go this month?

>> No.22191689

anyone else feel like they just woke up from a dream or they just took off their VR headset, and now they're back to reality?

>> No.22191692
File: 94 KB, 495x582, 1353301410535.jpg [View same] [iqdb] [saucenao] [google]
22191692

>Market continues to shit the bed until the 7th
>Russia begins trading that day and market goes up
How do I feel about this? Would this be a ruse?

>> No.22191696

>>22191492
Stop listening to retards

Technically if the underlying stock (QQQ) goes down 33% in one day TQQQ would go to 0 and be liquidated

In the era of circuit breakers it is almost impossible for this to happen

>> No.22191697

>>22191628
Do they have different sized trash cans meaning you can't just use the same size bag when you're cleaning the lobby?

>> No.22191701
File: 997 KB, 1896x2860, 45a.jpg [View same] [iqdb] [saucenao] [google]
22191701

>>22191660
ye

>> No.22191715

>>22191439
Based

>> No.22191717

>>22191666
Being in cash at the top is basically perfectly timing the market, buy whatever you want and float the whole way down

>> No.22191731

>>22191664
Momentum cuts both ways. Market will keep selling off and retail investors will get margin called, leaving to increased selling velocity and rapid price discovery at lower levels.

>> No.22191735

>>22191660
Yeah it's comfy.

>>22191666
Don't buy tech.

>> No.22191743
File: 434 KB, 502x839, 391A5BB4-C8AC-4A6F-B319-3298589E806C.png [View same] [iqdb] [saucenao] [google]
22191743

Remember this is the mentality of the twitter thots in tesla.

They are on their retirment accounts as well getting ready to cash out if tomorrow is bad as well.

It’s an endless loop the more shit sell the more they keep selling.

Ride it both waves anon. I’m riding sqqq down to this level on qqq

It’s a fib extension, a gap that should fill, and prior good support, it’s also the 50 sma area. Should get a good bounce there before bobo 2.0 returns or j pow goes full retard

Either way ride both sides!

>> No.22191749

>>22191492
If QQQ drops by 33.33% TQQQ Drops by 99.99%

>> No.22191756

>>22191628
position in TSLA

>> No.22191765
File: 643 KB, 828x1792, 07530E09-7220-4FC5-9395-A07FD6A0D0E1.png [View same] [iqdb] [saucenao] [google]
22191765

>>22191743
Sorry this is the pic I wanted to put up anons

>> No.22191767

>>22191692
Twitter thots probably have more disposable cash than your average Russian, and the oligarchs probably invest overseas directly.

>> No.22191768

>>22191492
Jesus Christ...

>> No.22191783

>>22191669
desu I'd kill for a comfy 60k/year junior finance position

>> No.22191795

>>22191701
KEK

>> No.22191802

>>22191671
They have a lot of debt to payoff at very high interest rates. I can see them getting taken private by private equity out of bankruptcy or bought by foreign money like the Saudis looking to diversify economy.

>> No.22191807

SPY crashed to last week levels

I'm financially ruined

>> No.22191823

>>22191674
Materially. But all of the top hedge fund guys are too. Everyone knows where this is going though up in Manhattan on the street of walls...

>> No.22191834

>>22191807
KEK

>> No.22191843

>>22191680
Huge risks. We have Asian investors asking us if the US government can continue honoring lease obligations. The world is rapidly losing confidence in JewSA.

>> No.22191855
File: 69 KB, 472x472, 1598364368060.jpg [View same] [iqdb] [saucenao] [google]
22191855

Will I keep losing tomorrow? Will this feeling of helplessness and despair fade tomorrow? Will I be able to afford bread for the weekend?

>> No.22191860

Haven't been here in 3 months since everyone was predicting absolutely the worst but as usual nothing happened. How is the economy doing, seriously? Or should I say the market.

>> No.22191867

>>22191783
I make way more than that...

>> No.22191869

>>22191628
What's your price target to buy back into QQQ, and what else are you looking at as investments? Oil, airlines, financials, etc

>> No.22191879

>>22191487

wow remember terrorism? wtf happened to that shit, huh? haven't heard about ISIS in fucking ages dude.

>> No.22191898
File: 44 KB, 501x585, 1e7454d4a3ac0773418b02421cc19c64b4d467de2265d4c5f887ed0b3ad7a290.jpg [View same] [iqdb] [saucenao] [google]
22191898

>asian investors

>> No.22191899

>>22191492
QQQ dropped 30% in march, TQQQ was obviously fine.

>> No.22191921

>>22191899
Because TQQQ resets on the daily

>> No.22191935

>>22191899
It doesn’t go to zero it does a reverse split.

They set the price higher but you ha e fewer shares....that can keep going down

That’s my understanding

>> No.22191936

>>22191869
I like gold miners, particularly KGC and NEM. DHT and EURN are good long term holds. Certain oil and gas midstream is looking juicy like Dorchester and Magellan. Intel is very cheap and so is British Tobacco. Microsoft and Adobe should continue outperforming the market. Buy top tier REIT’s if they dump like WPC and O.

>> No.22191941

>>22191749
If it happens in one single day

>> No.22191944
File: 99 KB, 500x750, 1599143068613.jpg [View same] [iqdb] [saucenao] [google]
22191944

>>22191823
>Everyone knows where this is going though
where?

>> No.22191954

>>22191467
Why even gamble on tech if you have that much money? Seriously just play it safe and buy blue chips

>> No.22191958

>>22191823
kek.

you suit and vest guys get your chance to buy in cheap right now and fix your mistakes, look how low QQQ got.

>> No.22191961

>>22191879
“Terrorist” is all funded by the CIA. Trump is not a friend of the military industrial complex, at least not first term. Wouldn’t be

>> No.22191969

Are any of these worth picking up:
NET, AYX, CRWD, ZS

>> No.22191979
File: 28 KB, 732x391, qqq.png [View same] [iqdb] [saucenao] [google]
22191979

wtf is this? why is QQQ growing exponentially in 2020, better than ever in the last 5-10 years?

>> No.22191980

>>22191936
>gold miners
Thoughts on MUX?

>> No.22191987

>>22191743
>>22191765
what level is that? 50 SMA? 200 SMA?

>> No.22191993

>>22191935
They liquidate any 3x etf that 1/3rds in a day.

>> No.22191997

>>22191660
K-on! is peak SoL kino if you haven’t seen it. A Place Further Than the Universe is very good as well.

>> No.22192005

>>22191979
Stonks only go up (except when they go down).

>> No.22192020

>>22191979
“New normal” ‘Rona memes

>> No.22192023

>>22191869
I’d start buying QQQ below $220 moderately and below $200 aggressively. Airlines are in a world of hurt, don’t get suckered in. The data is BAD.

>> No.22192029

>>22191979
everyone has the internet in their pocket and are technologically literate

>> No.22192038

>>22191674
QQQ? 80% chance they are underperforming SPY. Hedge funds are complete scam. If you still want some active managers taking care of your money, buy Berkshire.

>> No.22192051

>>22191405
Thanks, friend

>> No.22192071

>>22191980
Stay away from penny stocks - buy KGC and EGO is you want highest possible reward that isn’t gambling.

>> No.22192072
File: 137 KB, 352x512, 8699A913-D37F-4A93-85FC-EC4F65E7F2C4.png [View same] [iqdb] [saucenao] [google]
22192072

>>22191936

$GOLD (Warren Buffet approved)
$BTG (I’m balls deep and I’m up even on this red day)
$AUY (Widely recommended and SMG approved)
$EMX (Penny Miner that has potential)
$AG
$MAG
$NEW

I’m up 14% right now. Come join the fun

>> No.22192074

>>22191492
I’d rather have it go to zero in one day then have death by 1,000 bobos (volatility decay)

>> No.22192075

>>22191935
well yeah but thats not really relevant since all charts adjust for the split

>> No.22192078

>>22191969
Yes

>> No.22192082
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22192082

>>22191997
>Sora Yori
Based, that's one of my absolute favorites from the last few years at least

>> No.22192093

>>22191997
Yes I agree. I consider the greatest accomplishment in human history. I will watch the other one too since I know you have great taste.

>> No.22192098

>>22191958
I’m not a suit guy, and my firm isn’t in NY. I am a patriot redneck high finance guy, very eccentric.

>> No.22192105

>>22192082
There’s just something so comfy about watching high school girls become best friends

>> No.22192109
File: 11 KB, 282x139, file.png [View same] [iqdb] [saucenao] [google]
22192109

Should I sell these or hold them?

>> No.22192112
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22192112

>>22191399
How tf did people use to trade on actual trading floors?

>> No.22192119

Is a Tesla price target of $200 realistic?

>> No.22192123

anyone else on the "im not good enough to time this shit so im just gonna DCA through the red days and hodl until the green days come again" train?

>> No.22192124

>>22192119
too high

>> No.22192133

>>22192112
watch floored (2009)

>> No.22192142

>>22191492
It means the people who invested in SQQQ got rich

>> No.22192149

>>22191649
How, honest question as I'm looking to start a business

>> No.22192156

>>22192082
>>22192093
Never knew there were so many fellow anime chads in smg. Most people have terrible taste desu, even my best friend only watches shonen trash action anime.

>> No.22192155

>>22192109
Sell you ignoramous. Stop playing in the options market.

>> No.22192161

>>22192123
that's the patrician strategy tbqh

>> No.22192166

>>22192112
screaming and hand signals

>> No.22192172

>>22191969
cut their marketcap in half and then maybe consider

>> No.22192174

>>22192119
$45-$50. Fuck Elon and fuck tesla. Sells 50 cars and it's a $2k stock. Fuck off

>> No.22192180
File: 2.39 MB, 3811x2462, Wolf and Fox Hunt - The Metropolitan Museum of Art.jpg [View same] [iqdb] [saucenao] [google]
22192180

>>22191471
>Bought at $173

having fun

>> No.22192182

I don't usually post but I saw this webm and laughed pretty hard thanks OP

>> No.22192191

>>22192119
Shit is barely worth 50

>> No.22192194

Would you buy AAPL at 105?

>> No.22192195

>>22192105
Those aren't real girls

>> No.22192210

>>22191471
Why not just buy SQQQ and make money of the next few weeks of drops anon? then you can put that cash back into TQQQ if you like

>> No.22192212

Well, looks like I'm going to be bag holding again. Meh, seems like what I end up doing 75% of the time.

>> No.22192216
File: 84 KB, 904x864, 5127F0A5-5C05-4058-A592-013727606368.jpg [View same] [iqdb] [saucenao] [google]
22192216

Someone want to tell me how 4 overvalued companies can bring down the entire stock market?

>> No.22192230

>>22192216
pop

>> No.22192241

>>22192216
S&P 5

>> No.22192247
File: 1.27 MB, 1147x860, BTFD.png [View same] [iqdb] [saucenao] [google]
22192247

>>22192161
it's pretty comfy not gonna lie. i just like how people are like BUT WHAT DO I DO IF IT GOES DOWN MORE???? AAAAAA

and im just like "i buy MORE" but what if it goes down MORE? i buy MORE but what if you run out of money? then i WAIT im LONG i don't pay FEES im not BORROWING SHARES i OWN them i can wait for YEARS if i have to (but the assumption is that i own strong companies with good fundamentals i did my DD on so that is unlikely to be that long)

people overcomplicate this shit i swear. it's so much less stressful operating on the daily time frame.

>> No.22192250

>>22192216
They were the ones rallying the stock market

>> No.22192253

>>22192071
I take it GDXJ would a good, less risky bet?

>> No.22192254
File: 40 KB, 750x387, 1588964873414.jpg [View same] [iqdb] [saucenao] [google]
22192254

>>22192210
because you cant be sure in this climate how long dips like this will last. im not sure. ill probably do both, and reassess tomorrow
puts on QQQ or calls on SQQQ?

>> No.22192255

>>22192109
>index calls at ATH
never change /biz/
>>22192216
algos eating themselves

>> No.22192264

>>22191867
Must be nice to be overpaid...

>> No.22192274

>>22192210
Yeah just time the market bro

>> No.22192275

At long last. Correctioins are healthy for the market. It's like the cycle of life and death. The old and weak are cleared away to make way for the new and strong. A red day once in a while is good for the market's immune system. Now that we got this out of the way, we can get back to 4 weeks of green with complete confidence.

>> No.22192277

>>22192253
Yeah, that’s a fine choice but KGC and EGO have value fundamentals with growth. Best of both worlds.

>> No.22192291

>>22192264
I wish I could get a job period
im losing my home at the end of the month and have no where to go

>> No.22192293

>>22192216
Enough retards got baited into buying a stock split after the split.. At the top of a bubbling market. Now it‘s just about time to cull the weak again

>> No.22192303

>>22192264
I’m not, I’m automatically good at modeling in Excel and someone has to do the money math for these billionaires. I just helped get a $1b new fund approved working directly with the EMD.

>> No.22192307

>>22192255
>>index calls at ATH
If I would have sold them last night I'd be up 119%, right now I'm only up 53%
Could be worse.

>> No.22192315

>>22192195
Idgaf, I have a 3d girlfriend that I’ve lived with for the past two years. We watch anime together. I live of my investments and ski 120+ days a year. Stay mad.

>> No.22192326

>>22192291
Go to a busy construction site and ask the superintendent if you can work general labor. They need reliable ppl that can speak English. Grocery stores and fulfillment are also always hiring, do what you gotta do man, God willing.

>> No.22192327
File: 505 KB, 1339x1944, Edward-Teller.jpg [View same] [iqdb] [saucenao] [google]
22192327

>>22191628

What is your estimated probability of total thermonuclear war within the next year?

>> No.22192328

You did listen to me, right? You did buy CRSAW, right?

>> No.22192329

>>22192247
That's the idea.
I'd also add in to remember to take profits when things are at all-time highs.
Not much, just a haircut to get cash for the next dip.

>> No.22192335

>>22192247
>people overcomplicate this shit i swear.
the more people know about derivatives and strategies the worse they'll perform. just buy the dip, DCA over the long term, it's simple.

>> No.22192363

>>22192210
okay i'll keep this simple: unironically how do you know when to buy and when to sell your SQQQ shares? how are you timing the market so precisely that you can short and make money on the way down and then perfectly flip around and go long and ride it up and then flip to short again on the way down? literally how.

the only effective method i've found is picking good stocks and DCA'ing the dips and remaining long biased because you can basically hodl a long position forever compared to a short.

>> No.22192365

>>22192327
Don’t know, but this, solar flares, and forced vaccination keep me up at night.

>> No.22192367

>>22192303
How do I get a job making six figures as an excel jockey

>> No.22192370

>>22192315
I am not mad, I am just make sure you are alright bro

>> No.22192394

>>22192327
100%

>> No.22192399

Is tomorrow going to be red? How are futures?

>> No.22192400

Requesting anime girls with large thick strap ons. It helps cope with the pain.

Also what’s the play? Buy dips on Tuesday?

>> No.22192408

>>22191628
How do I get out of having a job? I have no problem working hard I just don’t like making money for other people in exchange for crumbs

>> No.22192411

>>22192124
>>22192174
>>22192191
Aight, $200 it is.

>> No.22192424
File: 431 KB, 1664x695, 165498465165.jpg [View same] [iqdb] [saucenao] [google]
22192424

>>22192329
some anon mentioned the 16x ATR from the 200 EMA as an exit indicator and i've been using that pretty effectively especially on the 1h time frame. i just use the keltner channel to better visualize it.

i posted this pic not too long ago, didn't know how accurate i ended up being considering today's events.

>> No.22192435

>>22192370
Oh then sorry for getting defensive. And thanks for being concerned with my well being.

>> No.22192439
File: 224 KB, 720x644, 1595796773472.png [View same] [iqdb] [saucenao] [google]
22192439

>>22190772
that's insane, that would be the time to write a fake check or something. what the fuck. now I know where to never live, and also keeping my car in a garage. what do they drive around scanning plates for insurance coverage?

>> No.22192443

>>22192326
I live in a fairly run down rural town, theres no construction going on here. I've applied to the grocery stores. I appreciate the encouragement though.

>> No.22192445

>>22192367
Well I’ve had thousands and thousands of hours of long nights practicing but a good start is below.

https://www.analystforum.com/t/biws-vs-wsp/125954

>> No.22192449

>>22192194
pre split maybe

>> No.22192463
File: 40 KB, 575x118, 2020-09-03_20-02-58.jpg [View same] [iqdb] [saucenao] [google]
22192463

>>22192399
uhhhhhhhhhhhhhhhh

>> No.22192472
File: 11 KB, 300x300, ben.jpg [View same] [iqdb] [saucenao] [google]
22192472

>>22192303
>i'm not overpaid because I'm good at excel

>> No.22192475

>>22192443
Sorry bro, honestly Dead flyover America is fucked. You probably need to move man.

>> No.22192478

>>22191987
50sma on the daily chart anon

>> No.22192488

>>22192399
if you're in the nasdump I'd be tying a noose right now

>> No.22192501

>>22192472
It’s not just Excel, but financial theory. I can rip apart any business’s financials and determine intrinsic value. This is an incredibly valued skill by billionaires and they pay well...

>> No.22192506
File: 44 KB, 568x120, 2020-09-03_20-04-27.jpg [View same] [iqdb] [saucenao] [google]
22192506

>>22192463
jesus fuck, I blink and this happens

>> No.22192521

>>22192254
You honestly think after every tech stock turned into a X bagger that we are only going to get a single day dip?

I mean during the day people thought that 5% was it, and after hours is showing them, it is most certainly not it.

I still have heard very little reason why tech stocks went up by as much as they did, beyond people are bored and playing around on robin hood with fad stocks.

>> No.22192523

>>22192463
>VIX still below 40
>market bottoming out
June style correction confirmed, resume golden bullrun

>> No.22192558

>>22191628
any secret sauce strategy to time the market that works particularly well, some kind of TA or something the "pros" use? or is there really simply nothing better than picking fundamentally good companies with good management/innovation/brand loyalty/economic moat and DCA'ing any dips?

>> No.22192564

>>22192399
>How are futures?
Blood.

>> No.22192567

>>22192501
Okay, what is Tesla's actual value?

>> No.22192576

>>22192363
Hourly candles

If it crosses the 9sma to the upside and volume is trending up and macd is spreading i buy.

If it closed the 9sma to the down side I fucking sell if volume is dropping and macd is closing

It’s not perfect but keeping it simple keeps you green

You don’t need to be 100% accurate but today I made 13% on the dip instead of the full 17% if I timed it to the minute

Close ducking enough just fo with the flow not hard

>> No.22192578

>>22192523
Mm yes buy the dip, goy. Don't look at M2 money supply, or the gamma. Doesn't matter goy

>> No.22192581

>>22192521
august 11th that literally happened, and i didnt buy that dip and we went 20 straight trading days with ZERO red

>> No.22192592 [DELETED] 

>>22192506
Where's this?

>> No.22192600

>>22192521
It’s very fucking simple. Nasdaq has historically traded at around 2-3x sales last 2 decades under normal macroeconomic conditions. We have arguably the worst macroeconomic conditions ever and Nasdaq is trading at 4.5x sales. Certain software firms with no earnings and no path to earnings are trading at over 20x sales. This is insanity level valuation...

>> No.22192609

>>22192363
>>22192363
>unironically how do you know when to buy and when to sell your TQQQ shares? how are you timing the market so precisely that you can long and make money on the way up and then perfectly flip around and go short


Why do you have to perfectly time it? No need to exactly time the top or bottom, just need to know which way momentum is going... it was obvious months ago that tech was over bought.

This made a reversal inevitable, although not imminent.

The longer the inevitable is delayed, the more drastic the reversal, and this correction came pretty late IMO

>> No.22192616

>>22192501
Thoughts on the "hydrogen sector" and anything potentially investable there?

>>22192567
13 cents

>> No.22192632

>>22192581
I bought that dip, sold out of it too early tho

Bought this dip too, fuck it

>> No.22192648

>>22192567
Prob like 50 billion

>> No.22192682

>>22192558
I pay close attention to price to sales ratio because sales, unlike earnings, cannot be manipulated. I generally use this stock screen - current ratio over 1, 5%+ 5-year historical sales growth, positive QoQ sales growth, P/S under 2, P/E under 20, forward P/E under 20, 10%+ ROE. Then make sure no large short term debt then make sure long term debt has cheap rates and is no more than the market cap of company.

>> No.22192701

>>22192475
I know I do, it's just really depressing. The last 12 months have been the worst period of my entire life and covid has had nothing to do with it. My family is gone, my fiance is gone, my life savings is gone and I'm losing my childhood home.

>> No.22192720

>>22192581
Value is real and objective. There is an objective reality. Everything is subject to the determinism of the laws of physics. There is no such thing as no value. There is a limit on both ends, but one side has more freedom of movement than the other.

>> No.22192753

>>22192501
thoughts on $GME

>> No.22192756

>>22192682
neat, i'll look into it. any companies/stocks in particular you like atm? although maybe the answer is "none" considering today's big red dildo candle lol.

>> No.22192762

>>22192720
>value is real and objective
opinion discarded. the value of a company is what people think the value is. that idea is backed up by some things, one of which is the financial backing of the company.

>> No.22192764

>>22192567
~$200/share but this is very speculative. That is still like 7x sales. They are a revolutionary tech company and gigafactories are where the real long term value is.

>> No.22192769

>>22192682
Wise finance anon, what will happen to FAGMAN stocks once the dust settles? Which one will be best off?

>> No.22192790

>>22192616
No idea on hydrogen.>>22192701

>> No.22192805

>>22192762
>he doesn't even know what people are

Get a brain.

>> No.22192816

>>22192701
Listen to David Goggins speech about turning his life around on YouTube. Then understand no one will help you and you need to dig you way out of this shit like a man. You can do it bro - move to an area with employment and sleep in your car to start saving if you have to. I believe in you.

>> No.22192817
File: 102 KB, 1778x999, USf6GknElkR073U0xyWewFDQYXUuP6-sdqKSppV486s.jpg [View same] [iqdb] [saucenao] [google]
22192817

>>22192501
Alright, then I really DO have a question for you.

What's up with VRT? Is this going up up up? I've been watching it for months and it doesn't trade with all the rest of tech, it barely dipped today. It looks like SOMEONE is trying to buy buy buy and keeps a floor on it whenever there's a selloff.

Vertiv Holdings, LLC (VRT)
~$16/share
buy 100 and write covered calls on it once it moons? Or just buy and hold? Or just stay the fuck away?

(Also do you have an opinion on TSMC, SMIC Regeneron, or Eli Lilly?)

>> No.22192824

>>22192756
SQQQ is a great company very bullish on them for the next 2 weeks

>> No.22192826

>>22192475
oddly enough i want to retire to dead flyover america. my ultimate aspiration is to make enough money where i never have to work another day in my life and move to one of those super christian midwest small towns full of white people that kids always want to get away from because it's boring and they want to go to new york or cali or some shit. i'd even go to church and shit for the social interaction it'd be chill and low cost of living. the more minimalistically i can live the less i need to save before i can save i've "made it" to never having to wage slave again.

>> No.22192827

>>22192805
take your meds

>> No.22192834

>>22192753
Buy if price to cash goes <1 again.

>> No.22192845

>>22192609

>Why do you have to perfectly time it?

Because if you're stuck in a vehicle like SQQQ and the NASDAQ 100 goes up 33%, you're finished. Wiped out.

You can't time or anticipate how long things can run with any real 100% knowledge because the powers that be are manipulating the currency itself to keep things going up.

>> No.22192850

>>22192816
this is good advice.

>> No.22192858

>>22192756
KGC, DHT, INTC, BTI. I like certain oil companies but they aren’t cheap enough yet except Magellan and Dorchester midstream.

>> No.22192869
File: 268 KB, 795x704, pepe73.png [View same] [iqdb] [saucenao] [google]
22192869

How can I assert financial inferiority over my peers?

>> No.22192880

>>22191453

Let's fucking hope. I'm bag-holding on SRNE like you wouldn't believe.

>> No.22192890

>>22192769
Amazon, Google, Microsoft, and Adobe are unstoppable. Facebook might be slowing down and Apple needs new revenue streams. Netflix is going to

>> No.22192891

I'm all in AAPL with an average cost of $127.60.

how long till i get back to even?

>> No.22192894

VXX, UVXY, what else is there?

>> No.22192895

Surely the market cannot be this red 2 days in a row.

>> No.22192898

im not falling for the stop losses are a meme meme again it couldve saved me so much pain

>> No.22192903

>>22192869
Show them your Tesla calls.

>> No.22192918

>>22192891
Either one week, one year, or one decade

>> No.22192920

>>22192827
ngmi

>> No.22192922

>>22192891
next week

>> No.22192925
File: 240 KB, 1242x1278, 86576F01-29DC-4350-80F4-B1F45882826E.jpg [View same] [iqdb] [saucenao] [google]
22192925

What is this pattern called?

>> No.22192927

>>22192826
I used to think about this then I realize how shit healthcare is in those places. Hell even in the Bay Area of Cali, if you go a bit further out (like ~150 miles) your healthcare options are completely dead for a lot of things. If you get sick you're fucked.

I work in healthcare in middle of SF and so many people drive hours to come see us, it's insane.

>> No.22192934 [DELETED] 
File: 1.51 MB, 2400x1350, 82705B7A-A1AF-433D-B322-610DFE5B706C.png [View same] [iqdb] [saucenao] [google]
22192934

>>22191495
Suck my dick, bear. You gonna wish you had these AAPL stonks.

Best time to buy back Amazon?

>> No.22192936

>>22192925
Forgot to stop loss

>> No.22192937

>>22192858
Any TA indicators you like in particular? are tutes still respecting the 200 EMA on the 1h and daily timeframes, maybe even 50 EMA? or have they been mixing that up at all? curious what TA the tutes are favoring nowadays when deciding where to buy and sell.

>> No.22192938

>>22192890
>facebook is the one to slow down
facebook is the dark horse of fagman. youve outed yourself retard

>> No.22192939

>>22192895
If we go red into a 3 day weekend, JPOW is straight up buying stock ETFs on Monday after announcing his intentions pre-market

>> No.22192940

>>22192925
Got too cocky

>> No.22192944

>>22192581
sounds like fomo to me, march was a good crash to buy too, most people missed out.

>>22192600
this guy gets it... there are ZERO good reasons fundamentally why tech has gone up this much... people were on it and using it 24/7 before rona, this is just people getting on the hype train.

There are infinitely more fundamental reasons why there should be a significant and multi week pullback then for things to just dip 5% and then continue to go up for another 6 months straight.

>> No.22192948

>>22192817
REGN and TSMC good, others are not. TSMC carries geopolitical risk but huge upside.

>> No.22192970

>>22192898
>durr I use stop losses because I'm greedy and cheap and only play 1 week options

kys

>> No.22192971

>>22192925
Drove off a cliff

>> No.22192974

Riddle me this:
How many of these large market dips do you expect?

Only a brainlet would think a lot, because that would be unprecedented. Reality is we go up a lot, and we will back off a little, then it will go right back up.

>> No.22192977

>>22192918
or never

>> No.22192985

>>22192845
That is the exact same thing with TQQQ anon... why do you think line only goes up?

Can you explain why you think this current economic situation justifies endless line goes up?

>> No.22192995

>>22192974
If only you knew how bad things really are

>> No.22193004

>>22192937
I’m ignorant to TA, but I’m sure there is some value to moving averages. Not my forte.

>> No.22193011

>>22192927
>I work in healthcare in middle of SF and so many people drive hours to come see us, it's insane.
America needs to import more Pajeet doctors.

>> No.22193027
File: 1.11 MB, 1536x1970, 811329B5-C9F7-429B-828F-F46AF565FCE4.jpg [View same] [iqdb] [saucenao] [google]
22193027

>>22192925

>> No.22193030

>>22192938
Social media is a bubble without economic moats but cloud storage and business efficiency software is perms-growth.

>> No.22193045
File: 36 KB, 888x560, sp-500-historical-chart-data-2020-09-03-macrotrends.png [View same] [iqdb] [saucenao] [google]
22193045

>>22192974
reality is no one knows what's going to happen, least of all you.

>> No.22193076
File: 94 KB, 563x544, 1598883369726.jpg [View same] [iqdb] [saucenao] [google]
22193076

We expecting SRNE and Tesla to go back up, or should I start contemplating suicide methods now?

>> No.22193084

>>22192890
Thanks for the advice. If we ever cross paths, 18 year single malt is on me.

>> No.22193088

>>22192939
There is no going back from this, and the Federal Reserve will not take that decision likely. If that occurs long term treasury yields to maturity are going negative.

>> No.22193094
File: 127 KB, 680x574, c7442d998e52e03500ec22fc737c68c1.png [View same] [iqdb] [saucenao] [google]
22193094

>>22191399
>he keeps averaging down
Loser!
Send help

>> No.22193114

>>22193088
That is just my guess. I don't think its a good idea. I don't think the Fed has any good ideas left. Not that they even started with any.

>> No.22193130 [DELETED] 

>>22193076
>We expecting SRNE and Tesla to go back up
Whose "we"?
>or should I start contemplating suicide methods now?
LIVE

>> No.22193133

>>22193094
averaging down is the interior wall of the house of trading success

>> No.22193137

>>22193076
tesla will not break the downtrend for months

>> No.22193143

>>22193084
Some 12 year Talisker sounds just right.

>> No.22193149

>>22193076
anon TSLA dropped to 381 after hours.... I would wait until a sub 200 entry point and buy in to DCA if you are still bag holding, and then hold that bag for 5+ years since they had about 5+ years of growth priced into their market cap.

I say this as someone who actually love that company too...

>> No.22193156

Can’t feel bad for Tesla losers. You saw the signs and had the chance to get off, but you followed the crowd.
Elon himself knew the shit was overvalued. Even after he deluded it, that should’ve been a clear I’m out.

>> No.22193160

>>22193027

God I love this and meme lines. It proves that no one can predict shit in such a clown market

>> No.22193166

>>22192869
stop wearing that gold chain anon and you'll be fine

>> No.22193169

>>22193114
Agreed and I wouldn’t be surprised. Actually you are probably right.

>> No.22193183

CALLS ON SQQQ OR PUTS ON QQQ

>> No.22193196

>>22193183
QQQ put.

>> No.22193205

>>22193183
TQQQ calls

>> No.22193211
File: 81 KB, 1280x720, 1522033893573.jpg [View same] [iqdb] [saucenao] [google]
22193211

Big TSLA dump tomorrow, don't say I didn't warn you boyos.

>> No.22193218
File: 80 KB, 800x513, E6B8CF0A-C855-4669-93BA-734BB17C9D39.jpg [View same] [iqdb] [saucenao] [google]
22193218

Hey you why don’t you buy AUY

>> No.22193225

IS IT REALLY TTHHHAATTTTT RED FOR TOMORROW'S AFTER HOURS TOO?

SERIOUSLY, WE AREN'T GOING TO SURVIVE

>> No.22193242

>>22193205
im unironically thinking of long dated QQQ calls tomorrow at close as a hedge alongside bearish options in the short term

>> No.22193250

Just checked workhorse, hovering above 17. I swear someone was bragging earlier in the day that it had concrete support at 18.

>> No.22193261

>>22192977
fiat always has and always will collapse. anons appl might only be worth a loaf of bread at the time but he will break even eventually.

>> No.22193275

>>22193183
SQQQ calls

>> No.22193281
File: 90 KB, 1029x1031, IMG_20200904_130131.jpg [View same] [iqdb] [saucenao] [google]
22193281

Feels good, had my first few +$10k days the past 3 months. Down about $7k today.

>> No.22193283

>>22192891
Buy tomorrow to lower it and it'll be like one week

>> No.22193288

>>22193242
Sounds clever just understand options valuation. Or you could just short CVNA which is a no brainer.

>> No.22193305
File: 26 KB, 716x362, file.png [View same] [iqdb] [saucenao] [google]
22193305

What's this chart called?

>> No.22193311

>>22193114
>I don't think the Fed has any good ideas left
>"All selling is now illegal."
>"You can sell but you are limited to 1 stonk per day. Buying, however, has no limits."
>"Once a stonk is traded at a certain price, orders may only be placed for that price or higher in the future"

>> No.22193317

I think Tesla is overvalued, but I still bought in at $514 average. Why? Because I learned something new today. Good undervalued companies today dumped because of Tesla and Apple plus Zoom and the rest. Why did banks dump? Why did defense dump? Why did biotech or airlines? Why? That my friends is the right question.

>> No.22193319

>>22193250
Complete meme stock built totally on hype and rumors.

>> No.22193337

>>22193288
it sounds clever intuitively to me but unfortunately i am unexperienced so ill probably pussy out and just buy leveraged dips instead

>> No.22193339

Lol gme

>> No.22193341

https://finance.yahoo.com/video/stocks-move-bank-america-raises-154714292.html
550 TSLA

>> No.22193347

>>22193250
who cares what support is it will be 30+ by the end of the month

>> No.22193348

>>22193305
I'm reminded of crucified mass produced EVA's.

>> No.22193353

>>22192985
Inflation
central banks worldwide
worldwide stimulus
currency wars
MMT popularity
high debt loads necessitating inflation
inflation

>> No.22193355
File: 504 KB, 1275x1639, 1598937805795.jpg [View same] [iqdb] [saucenao] [google]
22193355

>>22191628
How circumcised is your dick?

>> No.22193361
File: 531 KB, 500x606, rare2.gif [View same] [iqdb] [saucenao] [google]
22193361

>>22193311
shit man dont give them any ideas...

>> No.22193364

>>22193317
It all dumps at the same time due to ETF’s...

>> No.22193366

whats your shopping list bros. i'm thinking SQ,V, and Uber

>> No.22193376

>>22193317
everything dumped because polls favored Biden and the market is scared of revoked tax cuts, that's it.

>> No.22193383
File: 213 KB, 1125x1050, 544FBEC2-7860-4DD0-BC82-0414D0461621.jpg [View same] [iqdb] [saucenao] [google]
22193383

>started investing july 15

ffs should've had stop losses in place. oh well, tomorrow will be rough

>> No.22193384

>>22192985
>>22192985

Because the entire state and business apparatus wants the line to go up.

With the way wealth is concentrated now, the only way markets are moved anymore is by elites at the top wanting to a rug pull for whatever reason.

Kinda like yesterday. What was the trigger for the NASDAQ to go down -5%? There was no available information why.

>> No.22193386

>>22193341
Desperate

>> No.22193395

>>22193045
A 3.5% drop in the S&P 500 just doesn't happen often.

>> No.22193397

>>22193337
Just short QQQ and buy GXDJ.

>> No.22193398

>>22193317
Why? Indeed anon.

>> No.22193406

>>22193305
Kek

>> No.22193409

I fucked up and am now bagholding fngu. I might be able to sell tomorrow, nullifying previous gains, but Im willing to hold for another 6-months. Could it make a comeback or was this the tippy top?

>> No.22193419

>>22193355
God I wish I was a jew.

>> No.22193422

>>22193383
stop losses are for the risked, rather than the de-risked

I'll let you think that one over

>> No.22193425

Tesla, Apple, and TQQQ absolutely fucked me today. I’m down a solid 13%. Serves me right for buying ATH. I’m gonna be holding these bags for a while boys

>> No.22193429

Say it with me:
CIRCUIT
BREAKER

>> No.22193431

>>22193355
I got the chop but my son did not.

>> No.22193441

buy the dip

>> No.22193451

>>22193376
Midwit answer.
You're never gonna make it.

>> No.22193456

>>22193353
sounds more like you are arguing for buying gold or something.

All those things will do is inflate bubbles anon they cant keep going on forever... I don't expect a 6 month bear run, but a few weeks? sure looks like it, maybe not march levels, but enough to feel very comfortable shorting for a week or two.

>> No.22193462

>>22193341
Literal click bait.

>> No.22193466

>>22192948
>VRT bad
really seriously really?

>> No.22193471

>>22193425
iron hands bro

>> No.22193472

>>22193409
No sell immediately or be left in misery. You got lucky now take your winning.

>> No.22193476
File: 1.56 MB, 1536x2048, A6BCD71A-8D52-4F42-8BC3-45177154D23C.png [View same] [iqdb] [saucenao] [google]
22193476

Holy Shit

Line go up!
The funds are safu!

>> No.22193480

>>22193422
meant stop limit sell i think, don't have my terms dont pat yet

>> No.22193484
File: 420 KB, 600x660, clown.png [View same] [iqdb] [saucenao] [google]
22193484

>>22193376
NUH UHHHH it dropped because DRUMPHHHHH said stonks is strong because of him and DRUMPHHHH is stupid orange bad man.

>> No.22193486

>>22193355
I'm about as anti-semetic as you can be and I seriously doubt the math regarding this. At most Jews are 40% of the 1%. It's like you don't even acknowledge that China exists.

>> No.22193497

>>22193480
down* reeeee autocorrect

>> No.22193499

>>22193409
Are you really going to HODL pass elections? There are so many plays if you break even tomorrow.

>> No.22193501

>>22193456
you'll be closing your shorts at a loss by tuesday afternoon cap this unless they are on TSLA

>> No.22193502

>>22193466
Insiders dumped all their shares.

>> No.22193515

>>22193395
And better get used to it because we will be seeing a lot of days like these until the elections and probably afterwards
A 3.5% drop today only moved the price back to what it was last week
Goes to show how massively overpumped and retarded this shit really is

>> No.22193526

>>22193384
You say that like the state, and institutional investors havnt crashed markets only to buy everything back for pennies on the dollar before anon...

If the line only went up, every single person could just hold bags and get rich...

wealth gets concentrated by this very method of smart money getting out early before crashes, and getting in early before run ups....

>> No.22193533

>>22193480
You were correct in your terminology, selling for a loss is for folks that don't have a plan.

>> No.22193534

>>22193501
Uh huh, what is your thesis smooth brain?

>> No.22193535

>>22192443
If you seriously want a job look up environmental contractors they will literally take anyone and doesn't matter where you live. Unlimited overtime. Don't be a victim and absolutely never play one

>> No.22193541

>>22193476
Shit's still overvalued lol

>> No.22193543

>>22193471
My hands could shatter Wolverine’s skeleton my man

>> No.22193546
File: 80 KB, 1015x1173, file.png [View same] [iqdb] [saucenao] [google]
22193546

You know honestly... If we went green tomorrow for SPY I would believe it, but if we go red tomorrow then we are DEFINITELY green for Tuesday.

>> No.22193552

>>22193526
This, it’s all synchronized swimming.

>> No.22193554

>>22192578
what do you suggest?

>> No.22193561

>>22193384
also you still have not given any reason other then "because people want it to" for line to go up...

Inflation has been the best answer, but even that, would only justify maybe 20-30% when we have seen much more.

The trigger is that you can only put your fingers in your ears for so long during the worst economic situation in a hundred years and tell yourself line only go up for so long...

>> No.22193568

>>22193451
well I'm buying the dip tomorrow

>> No.22193571
File: 105 KB, 1077x1226, file.png [View same] [iqdb] [saucenao] [google]
22193571

>>22193546
Better pic

>> No.22193572

DFEN, DKNG January calls are golden eggs lads

>> No.22193573

>>22193554
Buy gold miners. The bull run has just started.

>> No.22193574

What happens when you don’t have enough money to buy more of the dip

>> No.22193578

>>22193546
No
Multi year bear market incoming
Buy gold miners and silver etfs

>> No.22193581

>>22193534
line go up faggot you'll see

>> No.22193583
File: 169 KB, 951x678, TRQ.jpg [View same] [iqdb] [saucenao] [google]
22193583

Why dont you ever listen /biz/?

>> No.22193598

>>22193578
These smooth brains won’t listen they like their meme stocks and triple leveraged ETF’s, fucking morons...

>> No.22193606

>>22193583
I got some BHLL an anon shilled. It's down a little bit now

>> No.22193607

>>22193572
Why do you say that?

>> No.22193609

New
>>22193595

>>22193595

>>22193595

>>22193595
new

>>22193595

>>22193595

>>22193595

>>22193595

>>22193595

>> No.22193619

>>22193581
I hope you get margin called.

>> No.22193628

>>22193456
gold wont inflate that much

>> No.22193629

>>22193578
>>22193598
people that unironically think a multi year bear market is possible in this climate are delusional doomers. the line goes up

>> No.22193632

>>22193499
>>22193472
Fuck thats gonna sting.

>> No.22193634

>>22193574
delete broker and come back when you have money

>> No.22193647

>>22193552
Since you're basically an insider, how do these big companies know when to jump ship? And is it that they know things are going to drop or just that they all coordinate to get out at the same time that creates these drops?

>> No.22193649

>>22193501
>>22193501
so you timed it right and bought everything during march after selling everything at the highs right before it, right?

What is your play?
considering that after hours has repeated what happened today, I see it happening again fri morning, and likely some people will buy that dip, and then next week some more red.

Ill be selling and buying what I perceive as relative tops and bottoms throughout.

>> No.22193662

>>22193281
DAMN nice. Always good to see when someone consistently outperforms the market.

>> No.22193675

>>22193647
>how do smart people do smart things anon?


NGMI

>> No.22193679

>>22193398
Why? Because there is no logic in a market wide drop. So for the entire market to recover Tesla must go back up.

>> No.22193683

>>22193583

QRD

>> No.22193696

>>22193502
https://fintel.io/n/us/vrt
looks like the only insider sales were one in 2018, and a holdings company called VPE just sold 20% of their shares.
This is enough to say it's a bad stock?

>> No.22193717

>>22193583
Too late to get in?

>> No.22193733

>>22191399
Everyone is talking about how everything is overvalued, market is not reflective of our pandemic situation, election coming up blah blah blah suggesting the stock market is going to tank anywhere between November and early 2021.
With that said, does it make any sense to cash out all my stock holdings right now? It's only a pitiful amount, less than 30K of gains and all held long term, thus I can cash out without paying any taxes on it.

This is all money I'm saving for buying my first house in 10 years or for retirement. I always followed the "time in the market beats timing the market" principle but this seems like a kind of unprecedented situation with the pandemic, election, etc. all hitting at once. Is it all just FUD or should I go ahead with this? Thanks anons

>> No.22193744

>>22191467
What the FUCK do you do anon. I need to get on your level. Help a poor father out

>> No.22193768

>>22192944
>There are infinitely more fundamental reasons why there should be a significant and multi week pullback then for things to just dip 5% and then continue to go up for another 6 months straight.
I sold everything yesterday so I’m actually fine with either one

>> No.22193943

>>22193376
>politics matters for the markets
So its that time of year again to harvest boomers that still cling to this idea.

>> No.22193951
File: 20 KB, 341x372, 1599022022571.png [View same] [iqdb] [saucenao] [google]
22193951

>>22192927
>being a weak sickly faggot

>> No.22194590

>>22193662

Cheers. ASX. Picked DXB early (biotech in phase 2 with promising hints), day traded a couple of gold miners with good prospects but boards playing silly buggers with their announcements, and consistently bought chunks of retail on big red days and sold a week later, in particular KMD which is camping gear = benefits from no international travel but light enough lockdowns people buy tents and jackets and go camping. Lost a lot shorting at the start of the recovery but overall very much in the green relative to February, a fair bit of luck though (lots of those gains are just iron hands on the DXB). No options, they suck here

>> No.22194641

>>22192720

God what a stupid opinion. This is what happens when a kid in china is raised only studying STEM and performing flawless verbatim recitals of classical music on the piano so they can grow up to work in some robotic technical setting where they copy western products and methods perfectly, but lack any shred of abstract though or imagination. It's the sort of mindset so thoroughly addled by capitalist arithmetic that it holds all value as some absolute, quantifiable metric--- a binary metric of "more" or "less" (money). Which is the only way something can be thought of in a system that only values quantifiable difference (profit) rather than the qualitative value something can only find momentarily in a constantly shifting world. Value is a construct, a slippery fluid metric contingent on the usefulness a thing finds within a particular context that will never happen twice in exactly the same way.