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

/biz/ - Business & Finance


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>> No.22257262

>>22257240
>hfw I snoof her crotch

>> No.22257303
File: 257 KB, 1080x1080, 1599247286294.jpg [View same] [iqdb] [saucenao] [google]
22257303

So I'm waiting to buy LEAPS till volatility dies down. What's a good time to buy? When the VIX is 22ish again?

>> No.22257318
File: 44 KB, 112x112, 196AA271-D471-4543-A5C0-8143B95E664E.gif [View same] [iqdb] [saucenao] [google]
22257318

After the SHLL merger what’s my next moon mission? I should have 50-70k to gamble

>> No.22257319
File: 458 KB, 1428x2048, 1590683198259.jpg [View same] [iqdb] [saucenao] [google]
22257319

First for Hatsune Miku

>> No.22257339

>>22257318
Oh boy he gettin a good pettin

>> No.22257365
File: 2.20 MB, 368x288, 15896845456.gif [View same] [iqdb] [saucenao] [google]
22257365

>GME short squeeze

>> No.22257395

>>22257240
back in the day a nigga used to be ass out now a nigga holding several money market accounts

>> No.22257405

>>22257395
SHUT YOUR MOUF

>> No.22257429

The next president of the United States is Kopmala Harris. How do I profit off this?

>> No.22257435

>>22257365
L O D S

>> No.22257448
File: 64 KB, 1001x523, Capture.jpg [View same] [iqdb] [saucenao] [google]
22257448

>>22257093
i said i was only a few $k in last thread but the truth is i'm already around $10k deep and might drop another $1k or $2k on Tuesday.
Bought ~$1k on monday opening under $6.
By Wednesday I was convinced of the momentum towards a short squeeze so I liquidated my TSM and QQC (TSE version of QQQ) to put it all into GME. Squeeze got delayed because of the Thursday dump but at least I dodged the tech bloodbath.
There's an anon in the last thread that says he's $200k deep in calls. I don't think he's posted proof yet but i think he's legit.
pic related proof. And I want to increase my position after doing more DD on GME's situation. It's a coinflip I'm ok risking. For context, I am gambling my gap year money while I'm still in uni.

If it goes bad, it wouldn't be the first time I've been down almost 40% on $10K (weed stock FOMO back in 2018 during my gap year) to eventually break even. At least this time I actually did my DD, understand the risks, and why I'm proceeding with it anyways. And I can recover from it.

>> No.22257451
File: 160 KB, 750x935, B5A93D6D-3FB8-4F84-9475-00E998C19D3F.jpg [View same] [iqdb] [saucenao] [google]
22257451

I need QQQ to go up on Monday. If not, I will be very sad.

>> No.22257471

>>22257448
nobody cares how deep you are anon. best of luck

>> No.22257487

>>22257451
tuesday. lol

>> No.22257497

>>22257451
I have a feeling it’ll be that same as fridays close

>> No.22257502

>>22257471
but i thought that other anon did

>> No.22257526

>>22257429
grillz and rimz shop to cash in on repurashionz. or just be black i guess.

>> No.22257532
File: 87 KB, 285x285, 1599125596271.png [View same] [iqdb] [saucenao] [google]
22257532

>biocept

>> No.22257543
File: 74 KB, 477x400, 21486E1B-66A4-46CF-99F2-E0A675C3B54E.jpg [View same] [iqdb] [saucenao] [google]
22257543

>>22257032
Yes. I won’t take calls expiring before 2021.

>>22257079
I’d rather risk $1000 for 10 contracts for a potential profit of around $200k if the stock squeezes up to a conservative $36 heheh. My downside is losing the full $1k.

With stocks I could get around 125 shares for $1k and sell for around $4.5k At $36 share price. My risk here is obviously only based on stock value.

If I’m rolling the dice anyway I’d rather get high reward for really not much higher risk.

>> No.22257566
File: 2.45 MB, 2480x3508, 78768634_p0.jpg [View same] [iqdb] [saucenao] [google]
22257566

How do I get a good feel for knowing how much of a stop loss I should use? I usually don't put any more than about $10 loss unless I know the stock can fluctuate or if I have a lot of shares.

>> No.22257581

>>22257543
long calls are expensive as shit.

>> No.22257607

>tfw it'll probably just crab Tuesday

>> No.22257610

>>22257435
OF

>> No.22257618

>>22257581
Expensive only exists if you're losing money. If you gain money off of them they were cheap.

>> No.22257633

>>22257543
here in Canada, we can trade stocks with a TFSA (tax free) and options are a gray area with it even if some brokers do allow it.
I get how options would be so fucking lucrative with this, but we are so cucked and have to pay 40% taxes on capital gains outside of exceptions like a TFSA.
40% fucking percent.

i dunno how i'd live in this cuck country if TFSAs weren't a thing.

>> No.22257634

>>22257502
he probably did my bad

>> No.22257642

>>22257581
Around $115 per contract for January, that’s an excellent price. Assuming market continues to correct Tuesday it will be even cheaper.

>> No.22257655
File: 188 KB, 1200x1216, EgrVsNAVkAEi-54.jpg [View same] [iqdb] [saucenao] [google]
22257655

>>22257319
Happy belated birthday, Miku!

>> No.22257667
File: 8 KB, 300x168, Bill-Ackman.jpg [View same] [iqdb] [saucenao] [google]
22257667

>>22257240
Anons of /smg/ you've been my friends for about 1 year now. I love you all but hell is coming again this week. Tread lightly.

>> No.22257682

>>22257667
Nah everything will be fine

>> No.22257685

>>22257667
Too general, need specifics

>> No.22257727
File: 66 KB, 960x667, 1598452769831.jpg [View same] [iqdb] [saucenao] [google]
22257727

>>22257566
Maybe looking at something like the ATR will provide you a rule of thumb. It'll give you an idea of how much the stock moves around in a day. You can try playing around with 1x, 1.5x, or 2x for a stop loss.

>> No.22257798

>>22257566
stop losses have fucked me over (kicked me out prematurely from more gains) as many times as it has saved my ass. A blind stop loss is retarded, but I don't know enough about figuring out where supports are to place stop losses strategically just under those so I just don't bother with a stop loss entirely for any picks I have a 3-year outlook or longer (e.g. TSM when I buy back in after GME).

Other shit that I'm less confident in, I'm probably checking like a degenerate throughout the day so I just have a mental stop loss and not let a computer decide for me (unless I can't monitor it I suppose). I did this with TQQQ until VIX increasing scared me and I took my profits prematurely.

>> No.22257799

>He didn't buy the dip so he can sell the cat bounce on Monday/Tuesday

>> No.22257806

>>22257633
you just have to deposit the gainz into the TSFA right? not both take them out of, and redeposit them right?

>> No.22257845

>>22257429
All in on QSR

>> No.22258010

>>22257806
>you just have to deposit the gainz into the TSFA right?
what do you mean? It all stays in the TFSA unless we withdraw it. So even if my contribution limit for my age is around $50K, it shouldn't matter if that $50K was turned into $500K in equities and now giving me massive tax-free dividends too.

if we withdraw it, that "contribution room" can be deposited back the next year. Unlike tax free retirement savings plans or whatever, the only real limitation to the TFSA is that contribution room (how much money we can put into it).

>> No.22258039

>>22257429
Sell everything now and move to Singapore.

>> No.22258041

>>22258010
so you are I have to transfer my bank TSFA to the broker TSFA, and invest out of that?

I have a self directed account, thought I could deposit any gainz into the bank or broker TSFA to avoid taxes is how it was explained to me

>> No.22258075

>>22257365

I’m getn back in Tuesday I somehow managed to cash out at the top last week and I have every intention of pushing my luck and losing my ass this week

>> No.22258084

>>22257667
Hope so. My TQQQ puts expire Friday

>> No.22258091

>>22257667
nice try almost satan

>> No.22258096

>>22257451

Feels kinda like a crabby week coming youre about to lose yo shit

>> No.22258116

>Bitcoin has completely raped me up the ass
It's over. I'm financially ruined.

>> No.22258128
File: 61 KB, 807x500, call volume.png [View same] [iqdb] [saucenao] [google]
22258128

tell me you guys aren't in this statistical category of degenerate gamblers. you guys know how this ends right?

>> No.22258141

>>22257667
What if this user is actually Ackman

>> No.22258148

>>22257667

I hope so I was pretty disappointed with that half ass dip thursday/Friday

>> No.22258170

>>22258128

No one here knows how to read whatever the fuck that chart is getting at. Me included. Fuck your chart.

>> No.22258177

>>22258116
rug got pulled. boggs seemed to have called it in. drops in all asset classes (stocks, metals, crypto) all at same time. if it was just the softbank event that caused it the market is fugged. if it was something else, the market is fugged. we will all be poor post-apocalyptic debt slaves together anon, i wouldn't worry about it.

>> No.22258180
File: 35 KB, 220x239, 676584543.png [View same] [iqdb] [saucenao] [google]
22258180

>>22258170
wtf anon it basic metric

>> No.22258216

>>22258041
if you have a cash account or something with your broker, then yeah you can just contribute your gains into the TFSA to your contribution limit. Whether it's gains from your other account or money from your wageslave job doesn't matter.

but why would you open an account to trade stocks that is not a TFSA? Normally you'd want to max out the contribution limit on your TFSA first to avoid taxes, then open a cash account or a retirement savings account for the rest of your money since you've maxed out your TFSA already (contribution room only increases like ~$5K yearly)

you are in Canada right?

>> No.22258220

I want to put some /smg/ related material in my RSS feed. Any suggestions?

>> No.22258242

>>22258128
Every dip ends in not mattering five years later. Don't care about your YouTube channel tier chart "predicting a X Y Z"

>> No.22258285

>>22258180
We use imperial measurements around these parts boy
The metric system was invented by the french and the hebrews to confuse us

>> No.22258304

>>22258128
No guts, no glory.

>> No.22258311

>>22258220

https://fortune.com/section/finance/feed/
http://seekingalpha.com/listing/most-popular-articles.xml
http://fortune.com/feed/
http://marketprimenews.com/feed/
http://www.marketwatch.com/rss/topstories/
https://www.cnbc.com/id/100003114/device/rss

I have thousands more but you have to pay me in mercury dimes for them

>> No.22258326
File: 234 KB, 725x1065, 8E0B7056-7FDC-4BF0-A17A-1CFFEB82250F.jpg [View same] [iqdb] [saucenao] [google]
22258326

MOvie night is D-layed by ~20 minutes and will start at 11:20 EST. Sorry 4 the jncincveny I will be home soon

>> No.22258342

>>22258170
wow brainlet you don't know what a call and a put is? the chart simply shows more people than ever are currently leveraged long on the market with calls
>>22258242
wow another brainlet. a dip hasn't nothing to do about what I posted nor is it from a youtube channel...lol I am simply advising caution for people leveraged long in the market right now because you're part of the herd.

>> No.22258352

>>22258216
yeah im in leafistan,
I think i just fucked up how i thought it worked is all... I wont be above the limit since I have like 60k limit

Ill just stop funding the other accounts and transfer into the TSFA when I cash them out next

>> No.22258354

>>22258177
This must mean that having dollars is more valuable than having all those assets. JEROOOME.

>> No.22258396

>>22258311
Thanks bro.

>> No.22258419

>>22258285
True, the Hebrews prefer measurement systems with base 10 for numerological reasons.

>> No.22258422

>>22258285
NOUN: a system or standard of measurement.

>>22258326
oh no dont die drive home too fast O_O

>> No.22258439
File: 85 KB, 950x515, EhJsyD9WkAI6bAf.jpg [View same] [iqdb] [saucenao] [google]
22258439

oh boy, here we fucking go
Do I lose -30% or gain more than +300%?

>> No.22258453

Notice fellow weekend /smg/ gents that when it was the weekday, almost no one was talking about GME. Now that the low-IQ apes have left the discussion has been commencing, particularly in the last thread. Coincidence?
>>22258439
GME Chads, how we playing with earnings this week?

>> No.22258489

>>22258439
actually mastercraft might be an idea with all the boomer boat faggotry since rona hit

>> No.22258515

>>22258453
with a sell limit order at $50 and a 20% trailing stop loss, all shares

>> No.22258517

>>22258515
Nice, very nice.

>> No.22258525

>>22258354
it is tough to judge. i think on the short term it is a head fake. real inflation in consumer staples is 10% in the past 12 months, and that is a fact. but with currencies other than the USD acting strange, there is actual price discovery happening on the global level between large multi-billion dollar traders trying to decide if the dollar is worth it. forex market is very interesting. on one hand, if the fed brrrrrrrs to infinity, then does the dollar have better/worse value? on the other, if every other global economy crashes and people flee their local currencies to the dollar, does it matter? very strange times. bullish for metals. bearish for cash in the current rate environment.

having dollars is good for the people with 1000000000x more dollars than you by depressing actual asset prices to nothing, then they buy them on the cheapy cheap, then asset prices inflate even more while the brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr continues.

in 10 years, the fraudulent reserve and all world banks will own all global assets, along with the global elite. they will have bought them for nothing while at the same time inflating the currency to price out anybody within reach of buying them. earth is now a slave planet of the global financial elite for the next 2000 years. great job humanity. much win.

>> No.22258546

Tuesday predictions? I’m betting GREEN

>> No.22258560
File: 115 KB, 465x201, 56453654323.png [View same] [iqdb] [saucenao] [google]
22258560

>>22258546
SPY SUB 300

>> No.22258561

>>22258439
Loading up on 2021 long calls with a $15 strike price on Tuesday morning. If it squeezes I sell, if it’s a small rise or dip from earning I hodl until next catalyst

>> No.22258580

>>22258352
yeah, you kinda fucked up, have you been paying 40% capital gain taxes on your gains this entire time holy shit. My buddy's TFSA is basically $160K now all tax-free because he's been trading tech stocks in it maxed out for the last couple years and it's going to keep growing exponentially tax-free.

just watch out, once you get to bigger TFSAs, be more careful because the CRA can arbitrarily decide you're trading "too much" in your TFSA and that it should be taxed as a business instead
>https://www.moneysense.ca/save/investing/tfsa/taxman-after-your-tfsa-unlikely/
>Recent media stories have stirred interest in the Canada Revenue Agency’s quest to recoup $75-million in tax revenue from investors who are reaping major gains from offside trading practices with their Tax-Free Savings Accounts (TFSAs).
of course this probably only matters if you get to 7 figures (and maybe 6) somehow with the limited contribution limit since that obviously means you're daytrading as a job. I just hate that it's such a gray area and there aren't clear rules on what counts as "daytrading".

>> No.22258596

>>22258560
15% loss? Doubt it

>> No.22258598

This website is pretty neat and also pretty.

https://wallmine.com/

>> No.22258626
File: 511 KB, 1057x1811, basubaru27.png [View same] [iqdb] [saucenao] [google]
22258626

>>22257667
Fine. Give cheapies.

>> No.22258628

When does someone's futures reopen?
Stuck in america with no dopamine fix for another 50+ hours

>> No.22258653

>>22258598
do they have free live charts?

>> No.22258667

bros is my QQQ gonna be okay next week

>> No.22258708

>>22258439
yo this is actually pretty nice
>>22258653
just checked and yea they do but you have to make an account

>> No.22258710

>>22258628
futures don't open until tomorrow afternoon, fren
>>22258546
green at open, bright red by 10:30am EDT
>>22258439
what are you looking at here? Slack, Game Stop, Peloton?

>> No.22258715

>>22258580
no, I have lost 300 bucks so far, so no cap gainz, and I would have put any gains into a TSFA so I thought I would have avoided cap gains that way

>> No.22258722

>>22258667
fucking AAPL and TSLA. Why did they have a stock split at the same time anyways
all that loss must be fucking up margin accounts across the market and making everyone liquidate even more.

>> No.22258732
File: 22 KB, 900x627, hanomida8.jpg [View same] [iqdb] [saucenao] [google]
22258732

>>22258598
Nice. That's a good clean layout for all the financial numbers. Will use. Tradingview is kinda clunky and messy about displaying that stuff.

>> No.22258731

>>22258708
sweet, ty fren

>> No.22258752

>>22258128
Retest the lows. RETEST THE LOWS

>> No.22258760

>>22258326
I'm missing this one :(((

>> No.22258765

>>22258598
>>22258732
we should probably add this to the sticky

>> No.22258784
File: 89 KB, 900x761, hanomida6.jpg [View same] [iqdb] [saucenao] [google]
22258784

>>22258765
Will do so if I make the next OP.

>> No.22258786

>>22258439
If there's another tech dip Monday, all in on Slack.

>> No.22258789
File: 15 KB, 420x420, 1547904226816.png [View same] [iqdb] [saucenao] [google]
22258789

>Chaos about to erupt in Thailand
>Ready with money for shorts
I'm about to pull a Soros on their asses

>> No.22258792

>>22258784
same here

>> No.22258806

>>22257667
Don't care. I've realized the proper mentality is that the money is gone the moment it enters the market and only becomes real again when you take it out. If their is a massive dip I will transfer another 10k into stocks.

>> No.22258808

>>22258710
>what are you looking at here? Slack, Game Stop, Peloton?
Gamestop. We've been talking about it a shit ton last thread.
Short squeeze doesn't give a shit about fundamentals. We only need hype and speculation (Cohen, console hype, more cash from CARES act and selling the corporate jet maybe other useless assets). Borrowing rates are increasing day by day and will eventually pressure short sellers to cover their positions. It's a bubble going to pop but in a good way for us.

i'm delusional but I'm hoping it will end up like KBIO with how Gamestop's been setting up since 2019 and the two positive catalysts recently.
>https://moxreports.com/kbio-infinity-squeeze/
But this would require GME to release fantastic Q2 earnings (maybe possible despite lockdown because of gaming boon), massive share buybacks or maybe buyout offers, even something significant to vote on which would make shareholders stop lending out their shares (force short sellers to cover) so they can vote.

>> No.22258809

>>22258789
what's going on in Thailand? why would goings on in Ladyboy Land hurt the US markets? not being facetious just want to be informed

>> No.22258824
File: 368 KB, 724x733, burg15.png [View same] [iqdb] [saucenao] [google]
22258824

>>22258128
>tell me you guys aren't in this statistical category of degenerate gamblers. you guys know how this ends right?
Both. Also, market crashes are the best. The amount of money to be made even if you only trade one direction of it is immense. If active trader you eventually come around to welcoming them. If we got two double digit drops this year that'd be amazing.

>> No.22258830
File: 532 KB, 1240x2048, 1590643872969.jpg [View same] [iqdb] [saucenao] [google]
22258830

>>22257319
>>22257655
Happy belated birthday Miku!

>> No.22258846

>>22258808
>Gamestop. We've been talking about it a shit ton last thread.
my bad, just hopped in. I don't play video games but my little brother does. I was under the impression that people just download games from their consoles now because the games you buy in the store are either just SD cards or download codes in a case?
short squeeze would be sweet, how are you playing this? weeklies?

>> No.22258856

>>22258715
bruh please stop saying TSFA, it's TFSA. Tax free savings account.
And yeah, definitely open up a stock trading account through a TFSA. Just don't make massive losses since contribution room is precious and you will only get ~$5K more every year. Works both ways though, I don't believe you can make losses in a TFSA as tax write offs but hey I don't know all the loopholes.

>> No.22258868

Are there any /biz/ animes?

>> No.22258878

>>22258598
Oh I like this, thanks grim :3

>> No.22258958

>>22258846
i can't do options but no one can know for sure when the squeeze will happen so be careful with your expiry. Hoping for enough of a catalyst with Q2 but it's possible it'll be a complete fuck up by Gamestop and our next hope will be with November's console hype.
coin flip but I do like the relatively low downside for massive massive upside.

if you're new to the GME shit, look into the numbers over the weekend. 100% short interest, but Gamestop isn't anywhere close to a bankruptcy. Some shill DD articles over at seekingalpha too that do actually have valid points.

This guy for example
>https://seekingalpha.com/article/4372597-gamestop-short-squeeze-part-iii-atop-caldera
His part i article was before the +30% spike on Monday. But make no mistake, this was a situation building up since 2019. How do short sellers even think and how did it get this bad for them?

>> No.22258975

>>22258809
Pro-democracy riots about to erupt this month because the current military government refuses to hold new elections. It won't even budge the US market, I'm talking about pure ladyboy stocks here

>> No.22258995

>>22258789
Did the monkeys organize and take over a town again?

>> No.22258998

>>22257240
Sauce on the pic?

>> No.22259009

>>22258975
i learned from a thai person that ladyboy prostitute are worth more than cis girls lol

>> No.22259011
File: 609 KB, 1749x981, 1534534445793.png [View same] [iqdb] [saucenao] [google]
22259011

>>22258868
Tonegawa. Watch Kaiji first though.

>> No.22259013

>>22258598
"where did you find this site"
"from a friend"

>> No.22259025
File: 60 KB, 182x215, unknown.png [View same] [iqdb] [saucenao] [google]
22259025

>>22259013

>> No.22259039

>>22258868
Some anon recommended Kaiji a few weeks ago and I crushed both seasons. Would recommend

>> No.22259056

What do you guys think of poor man's covered calls? They seem like pretty decent ways to get leverage on a low yield covered call stock, for example BAC. Looking at current premium rates for Sept 11, it seems like I could get maybe 0.6%, but if I got a LEAPS for say Mar 21 a bit ITM (strike $20) around maybe $750, the premium percent would jump to ~2%. Stocks like BAC that aren't going anywhere, but offer low premium seem like good targets for this strategy. Do any of you guys have experience/thoughts on PMCCs?

>> No.22259059

>>22258868
C: The Power of Money

>> No.22259061

>>22257448
>says he's $200k deep in calls
i hope his account is 20M kek. im surprised gamestop is still around even (funcoland was better)

>> No.22259076

>>22258598
>The Short % of float of GameStop Corp. is 249.73%
what the fuck, that can't be right.
I'm getting mixed data from free sites right now from what the short % really is. Does anyone have the most up-to-date and accurate data on short sellers right now on GME?

>> No.22259085
File: 163 KB, 500x500, 1522029580454.png [View same] [iqdb] [saucenao] [google]
22259085

Guys, the crypto markets have me really fucking scared for Tuesday. It seemed like we were starting to recover a little on Friday's close but crypto shitting the bed makes me feel like we're going to really see March level crash starting next week.

>> No.22259096

>>22259085
All in on SQQQ, baby.

>> No.22259105

>>22259009
this oddly makes sense because Thailand seems like a destination for that sort of thing. Like someone could fuck normal asian hookers anywhere else in the region but there's only one place to go for a certain type of hooker lol. I wonder how Thais feel about this global sterotype

>> No.22259106

>>22259085
>tfw i probably panic bought the run up on friday
please tell me it's just a sell off i spent 5k on friday

>> No.22259111

i buy puts stock price goes downa nd i still lose money help

>> No.22259129

>>22259011
>>22259039
>>22259059
ty frens :)
>>22259085
does crypto have any correlation with FANG stocks or whatever? why would a crypto dump affect markets?

>> No.22259130

>>22259105
it's also common for guys to rent our prostitues for like a week or month

>> No.22259153

>>22259111
you gotta learn how theta and IV work, fren. youtube is your friend here.

>> No.22259165

>>22258868
Gin to kin, its manga though

>> No.22259169
File: 3 KB, 709x33, cytube room.png [View same] [iqdb] [saucenao] [google]
22259169

Movie night movie night! Get in here while I find a movie to play!

>> No.22259184

Another well known site just in case anyone doesn't have this bookmarked. https://whalewisdom.com/

>>22259076
I may be wrong, but an individual stock that is shorted is immediately sold to the market and that share could potentially be shorted again. Also this site is what I use for viewing short interest https://www.highshortinterest.com/

>> No.22259190

>>22258975
Which of the factions support the ladyboys and prostitutes?

>> No.22259199

>>22258995
That's what I'm hoping for, but this time it's Bangkok

>>22259009
I've been to Thailand several times and yes that's pretty much true, depending on the girls obviously. I don't think people realizes how ugly most thai girls are, ladyboys that spends thousands of dollars on their appearance ends up with the plastic face you see korean girls with

>> No.22259206

>>22259130
>to rent our prostitues for like a week or month
this seems really fucked up. why do so many thai men choose this life? is there a market/material force that pushes them to transition or is it just one of those weird socio-cultural oddities that don't really have an explanation? (like how Koreans are deathly afraid of sleeping w/ a fan on)

>> No.22259211

>>22259056
just sell a credit spread. $5 wide JPM put spreads at $100 get you about 26% return in two weeks or less

>> No.22259236

>>22259061
as much as I hate Gamestop, they're not actually going bankrupt anytime soon (6.47 billion in revenue so far this year, probably going to reach 8 billion or more as usual) and they have more cash than debt to pull through until they get their shit together to cut costs. And now we've finally had a spark (Ryan Cohen) to start the momentum upwards, 2 months before the double console release.

it's kinda odd that short sellers kept shorting GME at these valuations with the expectation that it will go $0, especially now that this ended up being THE year with more people playing games than ever. You know you gotta do some DD into Gamestop when you see a ridiculous number like >100% short interest of float.

>> No.22259245

wow, weekend /smg/ is so much better than market hours /smg/

>> No.22259259

>>22259206
>this seems really fucked up.
Your puritan ass will be the destruction of you.

>> No.22259277

>>22259085
March was unexpected. March was catalyzed by the lockdown. Too many people will load up with puts this time expecting the apocalypse. We all know that put buyers are not allowed to coom.

IMO this dip was just a pullback from the upper bollinger band back to the moving average after having waaay too many green days in a row. It almost seems like AAPL singlehandedly kept the entire market green for way longer than it should have been, which made the dip more severe.

>> No.22259284

>>22259153
thanks fren i lost 40% but never too late to learn

>> No.22259286

>>22259076
The short float and ratio grayed out on finviz. I'm not really sure if that 249% number is accurate. Yahoo finance also shows it

>> No.22259287

>>22259129
Whales dumping market cause robinbood traders to rope. These are same people in crypto on coinbase. Faith in memecoins is less than market, so fear sets in and panic selling ensues. Time to hold cash until 2021 unless you got some losses you want to take for filing purposes.

>> No.22259298

>>22259245
That's because we can focus more on things other than trading. There's still weekend Wall St. hidden group for the hardcore traders though.

>> No.22259309

>>22258998

>> No.22259316

>>22258546
tsla to zero

>> No.22259321
File: 54 KB, 346x482, 1598572246675.jpg [View same] [iqdb] [saucenao] [google]
22259321

>>22257303
help

>> No.22259333

>>22259184
why can't I find a statistic on the short interest that tells me what date the statistic was from. Am I supposed to assume it was yesterday's?
It worries me a bit since the yahoo one mentions short interest data that was last updated August 14. So whatever free site I check short interest on may also be 3 weeks outdated.

>> No.22259347

>>22258128
I feel like an idiot not buying puts 2bh

>> No.22259349

>>22259321
boteslut

>> No.22259368

>>22259259
>Your puritan ass will be the destruction of you.
not a puritan but obviously these dudes aren't just taking estrogen and getting fucked in the ass because they like it. it's so popular in thailand, do people just do this because it's a viable job?
>>22259284
sorry about your 40% :( you can always make it back but it will be a grind
>>22259287
>Time to hold cash until 2021
nah i'm good. i'll find value somewhere.

>> No.22259373

>>22259190
Obviously the pro-democracy movement, the government as far as I know wants to crack down on "sex tourism" but nothing major has happened because the sex industry fuels like 20% of the tourism industry and would leave ~2% of the population unemployed, kek'd

>> No.22259398
File: 84 KB, 1200x628, 75518626558835.jpg [View same] [iqdb] [saucenao] [google]
22259398

>>22259321
Sorry I dunno anything about leap strats. I assume you would want to wait until premium is semi-low-ish?

>> No.22259401

>>22259347
you're only an idiot until the dump. if you're playing options/derivatives you might as well just keep riding to the peak. I doubt we've hit the peak yet because Trump needs a relatively strong market in order to win reelection.
>>22259321
don't buy VIX LEAPs, come on now fren. those premiums are too high and you know it. better off playing SQQQ than VIX desu.

>> No.22259417
File: 568 KB, 640x623, 49930B65-294C-47DC-9CF3-1ABF985C4D1F.png [View same] [iqdb] [saucenao] [google]
22259417

Anybody hopped on December $100c for Oshkosh? Much lower premiums compared to the Horse and I imagine if they get the majority of the contract they should shoot over $100.

>> No.22259444

>>22259417
I think with oshkosh that stuff is already priced in, no? not as much hype as horse, less volume. someone pls correct me if i'm retarded tho

>> No.22259445

>>22259401
I don't mean playing around, I mean buying puts with a expiration date of late 2021 on some companies whose fundamentals are completely out of whack.

>> No.22259450

>>22259373
Guess my money goes to the pro-democracy fags then. It's one of the few countries in SEA other than Indonesia where it's okay for a white guy like me to fuck 16 year old qts.

>> No.22259460
File: 803 KB, 112x112, 1596905684961.gif [View same] [iqdb] [saucenao] [google]
22259460

>>22258439
Anyone thinking about a Chewy play? I think a lot of people have opted to start buying pet supplies online than worry about going out to stores for them. Even playing a run up might be a good position to take.

>> No.22259471

>>22259445
just make sure those puts are at least out to March, not January.

>> No.22259511

>/biz/ movie night is Cardcaptor Sakura: The Movie
based

>> No.22259562

>>22259460
do people think CHWY's going to buy out Gamestop too? The only reason I can explain CHWY's brief +10% spike this week is because the news about Gamestop thing this week all had "Chewy founder" in it.

>> No.22259627

>>22258439

>lovesac

Who the fuck came up with this companies name?

>> No.22259628

>>22259401
I'm not talking about buying VIX LEAPS, I'm speaking for literally anything else. Isn't volatility high right now as a whole? If you wanna know I'm thinking of buying QQQ or SPY LEAPS.

>> No.22259702

>>22258177
>drops in all asset classes (stocks, metals, crypto) all at same time.
It is called deflation. Welcome to the new normal.

>> No.22259706
File: 464 KB, 1145x1051, Screenshot_20200905-210008.jpg [View same] [iqdb] [saucenao] [google]
22259706

>>22257543
>I’d rather risk $1000 for 10 contracts for a potential profit of around $200k if the stock squeezes up to a conservative $36 heheh
What strikes would these be and date? Am interested fren.

>> No.22259755

>>22259368
They're probably raised and groomed into it, in large part, like western prostitutes frequently are, but they somehow developed a ladyboy niche and have just gone with it.

>> No.22259773
File: 300 KB, 1080x1008, Screenshot_20200903-185201_My Stocks Portfolio.jpg [View same] [iqdb] [saucenao] [google]
22259773

Should I simplify my TFSA? It's a bit of a mess after the recent correction because I bought every dip that looked tasty and damn the allocations.

>> No.22259810

>>22259773
>Apple
>LGBT

wut?

>> No.22259836

>>22259773
how big is your TFSA? I know someone with 6 figures in his TFSA and his portfolio is 50:50 TSM:AMD
like can you actually keep up with 8 individual picks? Why not just pick the best of that bunch?

>> No.22259838

>>22259810
tim apple is big gay

>> No.22259876

>>22259511
Where can I watch

>> No.22259889

>>22259836
not big, 7k

keeping up with the news for each of them isn't super hard because my stock tracking app has a newsfeed for each stock, but I wouldn't mind cutting down

considering SOXL as a big component to replace TSMC and maybe Apple, maybe ditching cloudflare, and reducing my first solar

I want to be all cash or mostly cash by mid october when the boomers panic sell

>> No.22259911
File: 199 KB, 1024x768, commission__double_water_board_challenge_by_sabreleopard_daui6cg-fullview.jpg [View same] [iqdb] [saucenao] [google]
22259911

guys lets restart the water board challenge

>> No.22259935

>>22259911
>commission
w-what

>> No.22259960

>>22259889
why the panic sell in oct? institutionals have already priced in a contested election, or at least that's what is happening between last week and the next. this extended weekends peaceful riots will dictate how much unrest is priced in going in to november through january.

>> No.22259965
File: 362 KB, 680x504, 1598757122951.png [View same] [iqdb] [saucenao] [google]
22259965

What's going to happen to the NASDAQ on Tuesday?

https://www.strawpoll.me/20894449
https://www.strawpoll.me/20894449
https://www.strawpoll.me/20894449

>> No.22259986

>>22259935
>this 12 year old assbergers is making tons of fast cash, click here to find out how

>> No.22259988

>>22259889
>7k
what the fuck, just have like 2-3 picks then.
shit my TFSA is a similar size and I'm 100% GME right now for the short-term. Prior to that I was 50% TSM 50% QQC
don't you get annoyed when you see one of your picks massively outperform the rest of your picks?

i'm a bit iffy on SOXX purely because I think AMD/NVDA/TSM all massively outperform the rest of the semiconductor industry. As for SOXL itself, you might be better off with TQQQ because it was generally less volatile than SOXL (semiconductors are generally cyclical). That extra volatility really sucks with 3x leverage. Look at how SOXL is outperformed by TQQQ despite the fact that SOXX and QQQ have similar gains since March.

>> No.22260021

Didn't realise that TSLA missed out on entering the S&P 500 this time.
https://www.barrons.com/articles/tesla-didnt-join-the-s-p-500-but-three-others-did-51599255574

It's definitely going down further on Tuesday.

>> No.22260045
File: 292 KB, 1080x1321, Screenshot_20200905-212217_My Stocks Portfolio.jpg [View same] [iqdb] [saucenao] [google]
22260045

>>22259988
I don't get annoyed because most of the time it's the weird picks you might think to cut that perform best. Carrier is my baby, air conditioning only goes up. Cloudflare on the other hand is a bitch whore that has only crabbed since earnings.

>> No.22260052

>>22260021
I want it to get nice and cheap then we can buy it up for the battery day hype run and dump it just before it shits the bed again.

>> No.22260091

>>22260021
I would have sold IVV if that didn't happen

>> No.22260158

>>22260021
SPY would be a fucking circus with Tesla in it

>> No.22260201

>>22259965
Who voted up? You're looking lonely.

>>22260158
Yes, I think S&P made the right judgement.
On the other hand, would have been interesting to see what would have happened.
On the other other hand, it'll still be interesting to see what the miss does to TSLA.

>> No.22260224

I'm up 43% for the year basically just by holding VOO.

Mext time it crashes I will go in for TQQQ instead

>> No.22260248
File: 236 KB, 2000x1333, image.jpg [View same] [iqdb] [saucenao] [google]
22260248

>>22257451
>Buys options and doesn't know US market is closed on Monday
The state of /biz

>> No.22260250
File: 76 KB, 538x333, DC9008F9-6D6E-4EC6-A8A1-67D94DE90314.jpg [View same] [iqdb] [saucenao] [google]
22260250

For my GME short squeezers, what calls are you buying, strike/expiration? I was thinking something like around january 2021, but unsure on the strike

>> No.22260341

>>22260021
>market cap of 389.79B
>struggles to fix their manufacturing bottleneck

The only reason it wont crash thru the floor is that people seem to think that buying TSLA somehow equates to SpaceX. Its still shockingly overpriced tho.

>> No.22260351
File: 35 KB, 350x420, palantir.jpg [View same] [iqdb] [saucenao] [google]
22260351

Anyone buying into Palantir after their debut?
I'm going to throw a few thousand at them to hold long, but I'm probably more swayed by their company name than I'd like to admit.

>> No.22260365
File: 39 KB, 600x420, two-business-man-use-hand-600w-776904124.jpg [View same] [iqdb] [saucenao] [google]
22260365

>>22259706
read this article another anon linked last thread and it will show you the way, goodluck fren

https://seekingalpha.com/article/4372597-gamestop-short-squeeze-part-iii-atop-caldera

>> No.22260404

>>22260341
That same argument has been around for years.
I don't see why anyone would start paying attention to it now, unless the momentum shifts and people start looking for more reasons to justify selling to themselves.

>> No.22260448
File: 445 KB, 1172x902, 1478839933775.jpg [View same] [iqdb] [saucenao] [google]
22260448

bros, i need this GME thing to happen so bad.
not physically, as I have a good house and wagie code monkey job.
emotinally. my soul cries for freedom from the alarm clock, the 9-6 (yes, not 9-5) and all my time spent making dollars and getting paid dimes.

>> No.22260465

>>22260448
roll

>> No.22260498

>>22260448
i feel you anon

>> No.22260518
File: 85 KB, 898x720, 1592448908272.jpg [View same] [iqdb] [saucenao] [google]
22260518

>>22260448

>> No.22260554

I'm excited to read some ignorant eurotrash posts about the market not being open on Monday

>> No.22260559
File: 1.27 MB, 1089x632, Screen Shot 2020-09-05 at 9.53.03 PM.png [View same] [iqdb] [saucenao] [google]
22260559

took this picture today at fashion island in newport beach, lulu lemon with a huge ass line.

lots of people buying shit today. i bought 2 shirts and some new swim trunks.

>> No.22260570

>>22260498
>>22260518

butthole left eyes in the next life RIP

>> No.22260583

>>22260448
reller

>> No.22260586
File: 28 KB, 300x250, KFzR4LkMjq-6.png [View same] [iqdb] [saucenao] [google]
22260586

>>22260498
aw i got the butthole eye reroll

>> No.22260602

>>22260570
no way i'm ascending now see >>22260586

>> No.22260678

>>22258667
Idk Apple and especially Tesla are gonna make waves. Fully pulled out last week. Must stay patient and not fomo only to be btfo'd with Apple dumping to $90 (pre pre-split news annoucement) even if you added an additional $10 pn top that would make apple worth $100 not $120. Worries me that big hedge funds would dump tgem for a profit. As for tesla, big run up via options chain + stock split + creation of new shares makes for likely super erratic movements. Makes me sketched out on touching QQQ, TQQQ, and even SPY (way to heavy on Apple for how many different stocks they track).

Right now I want to fomo into some of these but get the feeling it might be a bad idea

>> No.22260734
File: 51 KB, 717x517, Capture.jpg [View same] [iqdb] [saucenao] [google]
22260734

aaaaaaaaaaaaaaaaaa do you think i'll be able to activate options trading in my TFSA before Sept 9 closes
fuuuuuck

also who the fuck are writing these calls in the first place?

>> No.22260751

>>22260448
we are all praying bro

>> No.22260766
File: 242 KB, 1376x1004, 1591330253074.jpg [View same] [iqdb] [saucenao] [google]
22260766

>>22260570
pls no

>> No.22260791

>>22260734
>Once completed, simply mail your original documents to:
fuck GME chads, i'm not gonna be able to get any calls. I should have done this shit earlier. I had all year.

>> No.22260847

>>22259333
This. I dont like how none of them seem to have the most up to date woth true accuracy (aka it cannot go above 100% because that is impossoble but they still do using mental gymnastics which means something like 10% was shorted and just happened to kept being resold over and over to reshorters until it reached 100%+ which means we'd be btfod if the true short amount is only 10%)

>> No.22260876

>>22259702
>deflation
Wait wouldn't my usd be more valuable? So should i pull out of stocks in that case?

>> No.22260905

just keep your eye on the DXY. if it goes up, we are in for a dump on tuesday

>> No.22260912

>>22260365
Oh no i was asking for strike and expiry as i couldnt figure out how you came out with a 200k gain using only 1k even if the stock only got to $36. I did some math and it only came out to like 20k or so.

>> No.22260957

>>22260448
Wait a second is 8 on the first one a literal butthole?

>> No.22260974

>>22260847
>(aka it cannot go above 100% because that is impossoble but they still do using mental gymnastics which means something like 10% was shorted and just happened to kept being resold over and over to reshorters until it reached 100%+ which means we'd be btfod if the true short amount is only 10%)
I only started reading about short selling since last week.
Does this matter if all these short sellers have to cover immediately regardless? In fact it's even better (for us) since they were passing around the same shares between each other, so now when they all suddenly have to cover, they're fucked even more as they scramble over the limited amount of shares, something that shouldn't have happened if they weren't able to participate in essentially naked short selling

am I misunderstanding something?

>> No.22260990

>>22260957
Pretty sure 4 is also a butthole

>> No.22261016

>>22260974
Frankly I have no idea it's very confusing. Don't want to get btfo'd if my own theory is correct. Unless of course I overlooked something and my theory is wrong and it really ends up being that the shares are somehow reshorted and the amount truly is over 100% in a weird way.

>> No.22261055

Is SNE or ATVI a better play

>> No.22261089

>>22261016
your bank might be lending out your shares without your knowledge. If it ever comes up that you need ownership of your shares to vote, apparently you'd need to make sure with your bank first if they need to force a short to cover to return it to you.

if im understanding correctly. Again, I've never bothered to learn short selling deeply until now.

>> No.22261100

>>22260912
oofta yeah extra zero was a typo. 200k is ridiculous, imagine a 19 million % profit lol

>> No.22261151

>>22257667
Good. I've been waiting for the market to crash since I graduated. I work in an industry unaffected by the economy and basically the best thing that could happen to me right now is for the economy to shit its pants.

>> No.22261159

>>22261100
>Find penny on ground
>Infinity % profit

>> No.22261198

>>22261100
Ahhh okay. Wanted to copy your move cause man oh man that was some extremely low risk with extremely high reward. So what strike was it? I assume it was something in the double digits. Trying to find a good strike to price option as I'd like to dump 1k in some no sooner than November.

>> No.22261258 [DELETED] 

>>22261100
>19 million % profit
Oh baby a 200x would've been awesome but damn imagine 19 million %, I'd be retired off 1k, heck I'd only throw in like $100 at that point as itd be more than enough for me and my family as well as extended family in that case which I had no intent of retiring if i somehow made it (earn a few million from stocks, not seen thus far)

>> No.22261292

>>22258141
Small but defintely possible. Assume it was, what would it mean?

>> No.22261309

Anybody else balls deep in RKT?

>> No.22261321

>>22260448
Okay

>> No.22261376

Reminder to not FOMO into boomer rocks when the market dumps, and average down instead.

>> No.22261399

>>22257451
You're fucked. The correction will be in full swing. FANG+ companies need at least 10% more. Some are still positive on the week.

>> No.22261481

>>22260678
both these companies will see a short term correction. Tesla might even end up dropping 15-20% this week before people start feeling bullish.

>> No.22261780
File: 306 KB, 586x355, EfHzCRYUMAA16YE.png [View same] [iqdb] [saucenao] [google]
22261780

>>22261481
>>22260678
Why do you all think apple has to drop? Tesla, sure it's not getting in the SPY, that is disappointing. But Apple? Just because we're having a tech correction and they came too far too fast?

If Apple Microsoft or Nvidia drop another 10% on tuesday, you should fucking buy that shit. Not sure about Tesla, Ali Baba, or Amazon but it wouldn't be a bad idea.

>>22261399
>>22261399
>I know what the market will do on Tuesday
>I know that no fed announcements or dramatic tech news will come out on sunday, monday, or tuesday
eh...

>> No.22261808

>>22257448
>At least this time I actually did my DD
Make the case for GME

I'm all ears

>> No.22261953
File: 81 KB, 720x643, Robinhood.jpg [View same] [iqdb] [saucenao] [google]
22261953

What is this pattern called

>> No.22261976

how do i stop feeling like such shit after losing $1,600 in 30 minutes on 9/18 VXX calls on friday

>> No.22261982
File: 468 KB, 2655x1953, 1593576594124.jpg [View same] [iqdb] [saucenao] [google]
22261982

>>22261953
snibbety snab :DDDD

>> No.22261988

>>22261976
idk maybe stop trading options

>> No.22262012

>>22261976
Join us boomer investors and stop gambling on options

>> No.22262026

>>22260448
rollin

>> No.22262057

>>22261976
Get a grip and stop FOMOing like a retard, there was no reason to bet so hard on a crash after it already happened

>> No.22262059

>>22261988
>>22262012
i feel fucking awful. i lost more than my car is worth, i drive a 20 year old shitmobile. FUCK WHY DID I FALL FOR THE GET RICH QUICK SCHEME MEME

>> No.22262118

>>22262059
You’re not gonna get rich quick in the stock market unless you get lucky and guess a big play before it actually happens. By the time you see retards on here shilling some stupid meme stock, the pump already happened and the dump is coming up soon.

>> No.22262122

>>22261976
>>22262059
you need to learn about risk management. bet your entire portfolio next time retard.

>> No.22262140

>>22262118
>the pump already happened and the dump is coming up soon.
This is what smart people would be banking on

>> No.22262171

>>22262140
4 factor authentication ID

>> No.22262185
File: 80 KB, 800x513, 2349E6E5-65CD-4DC7-A456-CB904E0AB4B8.jpg [View same] [iqdb] [saucenao] [google]
22262185

AUY

>> No.22262191
File: 93 KB, 750x414, A30C8152-3DAD-4271-83E0-6E8AF2FCC5DD.jpg [View same] [iqdb] [saucenao] [google]
22262191

>(Reuters) - China National Biotec Group (CNBG) and Sinovac Biotech Ltd said on Saturday they have each found two more countries to run late-stage clinical tests of their coronavirus vaccine candidates, as China steps up its efforts in the global race.

>Serbia and Pakistan have agreed to participate in the Phase 3 trials of CNBG's vaccine candidates while Sinovac has received approval from Turkey and Bangladesh. The two companies are seeking more data from overseas as new cases in China are dwindling.

youtube.com/watch?v=fRMouxLIVH0

>> No.22262236
File: 48 KB, 625x482, EcVgoFmX0AQenOU.jpg [View same] [iqdb] [saucenao] [google]
22262236

>>22262185

>> No.22262260
File: 89 KB, 596x431, 3_ Put Volume as % Total Volume.png [View same] [iqdb] [saucenao] [google]
22262260

https://www.logicafunds.com/lets-talk-about-skew

read this, you don't have a choice.

Required reading for this market

>> No.22262426
File: 158 KB, 750x705, E5B04212-8A48-4EFB-8A12-589AA9EF1DE7.jpg [View same] [iqdb] [saucenao] [google]
22262426

Crypto is in the shitter. Are we gonna make it bros? How’s Tuesday looking?

>> No.22262470
File: 10 KB, 738x384, Screenshot_44.png [View same] [iqdb] [saucenao] [google]
22262470

>>22258598
。゚( ゚^∀^゚)゚。

>> No.22262481
File: 41 KB, 550x535, 1598449966933.jpg [View same] [iqdb] [saucenao] [google]
22262481

I have 200 bucks
What stock should I buy

>> No.22262485

>>22262426
Fuck off to literally anywhere else on /biz/ and let the adults have just this one thread to ourselves

>> No.22262536

>>22259085

I'm more worried when crypto is in a bull run. Crypto is garbage, now that's crashing it's a sign the market is back to rational. I like that.

>> No.22262596
File: 76 KB, 1024x1024, C6A63BDB-27CE-40D9-A44C-F63A5801D46F.jpg [View same] [iqdb] [saucenao] [google]
22262596

>>22262485
Calm down. I’m just wondering if the Stock Market is gonna follow the same pattern. Keep your panties on

>> No.22262606
File: 67 KB, 1023x724, A065D859-0440-4B7F-9592-E12BB0C41D3E.jpg [View same] [iqdb] [saucenao] [google]
22262606

>>22262481
Do you have any prospects? Anything that interests you?

>> No.22262627

>>22262596
It always does
>>22262481
AUY this week
And buy Facebook but at the end of the month

>> No.22262638

Looking for input, around what IV do you consider too high?

>> No.22262664

>>22262627
why facebook?

>> No.22262687
File: 249 KB, 550x564, 1599250434268.png [View same] [iqdb] [saucenao] [google]
22262687

It's ogre isn't it :(

>> No.22262736
File: 13 KB, 657x527, 1558256258869.png [View same] [iqdb] [saucenao] [google]
22262736

>>22262606
I want enough money to make anime girls real

>> No.22262794

>>22262638
Above 50%

>> No.22262800

Goddamn, I hate online discussion boards in college, I forgot to do my two responses to other students and the faggot professor locked it

>> No.22262821
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22262821

>>22262736
Ok. How long do you mind holding? And how risky do you want the stock to be? You want a safe bet that will double your money in 6-18 months? Or do you want something risky that could make you 2x-3x in a short period?

>> No.22262830

>>22262800
I’m 38 and have a shitload of work to catch up on by Monday night

>> No.22262850
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22262850

>>22262821
risky

>> No.22262885

>>22262850
WKHS

>> No.22262923
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22262923

>>22262885
Thank you fren

>> No.22262939

>>22262885
based horse

>> No.22262971

>>22262821
I'd prefer the other option: safe bet that will double in 6-18 months

>> No.22262990

>>22262971
Airlines and some airline manufacturers

>> No.22263020

>>22262821
>You want a safe bet that will double your money in 6-18 months?
i'm not a boomer but i find this hilarious

>> No.22263063

>>22261780
>But Apple?
Pretend they didn't have the split. Do you seriously think Apple would've went from
$360 ($90) to $480 ($120) i a month without any big news on top? That's a literal 33% increase. I bought prior to split to bank on the run up. Should've sold sooner to capitalize on the last minute pump after split. Plus the supposed story of Softbank causing the run up on a lot of tech. Tell me now anon if you believe it should be higher, why? Information besides stuff that was already priced in when it was $360.

>>22262596
>I’m just wondering if the Stock Market is gonna follow the same pattern.
This. Have noticed they seem to follow each other now.

>> No.22263074

>>22262990
Airlines need some bankruptcies and consolidations before they are worth a look. I don't think airline memers understood what the appeal of airline stocks was before February.
Steady cash flow and almost equilibrium market space where excess inflow was used for stock buybacks. None of that is (still) true. The more they are bailed out the more the pain will continue.

>> No.22263167

>>22263074
Which one isn't gonna end up like pan am

>> No.22263241

>>22263167
Boeing probs - too important for US national security?

>> No.22263246
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22263246

im opening a self-directed TFSA on wednesday and i have 30,000 in my savings right now. putting away ~9k for emergency fund, ~5k into my RDSP (technically disabled), then probably the rest into TFSA and from here on out ~500 monthly contribution.

plan originally was to go mostly all in on TD e-series but any suggestions for ETFs or equities that i could have some fun with?

everyone is bandwagoning onto gamestop but would AMD be a safer bet because they will have the hardware demand from the consoles whether or not people are actually getting them from gamestop?

>> No.22263285

>>22263167
Just buy JETS if you want some protection against an individual bankruptcy. Now, if a major one does go under, the remaining will do temporary sympathetic drops as it'll spook the cat herd. This is the risk you are taking in exchange for the bounce potential.

>> No.22263304

>>22263167
Regional airlines like SKYW. Of the big boys, maybe LUV, Spirit, and JBLU. Although they are still precarious enough. AAL, DAL, and UAL are going to have a difficult time getting loans/bonds and so if they still need cash to stem the bleeding it will be with equity offerings. Those 3 airlines have also declared bankruptcy in the past. They survived, but their shareholders were wiped out.

>> No.22263318

>>22263246
>TD e-series
Check performance on that. If it underperforms s&p and/or nasdaq etf, buy those instead.

>> No.22263319

>>22263246
Gamestop is in a very specific situation where the company itself doesn't really matter so long as they don't go bankrupt or dramatically underperform expectations. What matters is the massive short positions, larger than the publicly available float. So when those shorts need to cover, it could get massively squeezed (BRIEFLY) into $50-100 territory. But that's far from guaranteed.

Honestly because the market is fucky and I can't tell what it's going to do next I would DCA into something safe like QQC and SPY over the next couple years.

>> No.22263529

Why don't you own FATMANBAG?

>> No.22263568

>>22263529
Tsla?

>> No.22263610

>>22263285
>>22263304
Thank you for the advice

>> No.22263628
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22263628

TSLA will be 2,500 again

>> No.22263634

>>22263529
What is the B?

>> No.22263640 [DELETED] 

^^^^^^^^
The power of the people will overcome the people in power

>> No.22263653

>>22263634
I assume BABA?

>> No.22263707

>>22263628
After some reverse splits, sure.

>> No.22263734
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22263734

>Yeah... I invested in GME. Wow are you psychic?

>> No.22263990

>>22263529
Everyone who has stocks has at least 1 FAAGMANNTW stock

>> No.22264028

Who here has been to a shareholder meeting before? I watched some Walmart meeting videos and they look pretty fun

>> No.22264033
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22264033

why didn't anyone tell me about the becky portfolio? this shit is insane

>> No.22264041

>>22263990
What's the W?
And is the number of letters going to keep growing at the same rate as LGBTQ...?

>> No.22264062

>>22264041
Oh, don't fucking tell me it's WKHS...

>> No.22264074

>>22264041
FB, AAPL, AMZN, GOOGL, MSFT, AMD, NVDA, NFLX, TSLA, WKHS

>> No.22264115

>>22264062
Wayfair?

>> No.22264127

>>22264074
workhorse being includes in the list of normie stocks is bearish for them

>> No.22264152
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22264152

>>22264074
>No TSM or PYPL
>TSLA, NTFLX, WKHS

>> No.22264156

only compelling reason to be in crypto is that it doesn't stop trading on weekends.

we should petition to abolish weekends and holidays for exchanges i'm so fucking bored when i don't have green lines to look at

>> No.22264183

>>22264156
Bitcoin holding $10k like a rock is kinda bullish for stocks if you want to extrapolate in ways that you probably shouldn't

>> No.22264251

why does the penny stock general keep getting killed. is there not enough interest in those threads?

>> No.22264342

>>22262481
Buy a company you like and just hold onto it.

>> No.22264359
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22264359

Who here sold the bottom?

I saw very people doing it desu. So /smg/ seems to be going back to being a bit more mature in its trading.

>> No.22264398

>>22264359
>selling
>ever
Ngmi

>> No.22264645

>>22264183

it's bearish. keep in mind the dollar has shit the bed recently. bitcoin same price now as it was in May means it has lost a lot of value.

>> No.22264708

>>22264398
The only things you sell are puts after you write them.
>>22264156
No. Weekends serve a purpose. You can relax and the markets can take a step back and reflect from senseless buying or selling.
I'm happy knowing there is no movement on the markets right now.

>> No.22265195

>>22263063
>Do you seriously think Apple would've went from literal 33% increase.
basically yes
when do we find out how much of their paper the fed is buying this quarter?

>> No.22265219
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22265219

Putting a fat stack in on SQQQ... but I feel so guilty

>> No.22265253

>>22265219
Don't feel bad, tech is overpriced and deserves to fallback significantly.

>> No.22265297

Where can i find some kind of preview of the next week in the stock market? Are there any good sites for this?

>> No.22265448

>>22261808
just ctrl+f GME in the previous thread (>>22251601) and follow the reply chains

fuck i only slept 4 hours tonight because i'm too fucking excited for the coinflip on Sept 9. Potential downside is like -20% at most, maybe -30%, probably a profit if I just hold until November anyways even if there's no squeeze, for such a HUGE potential upside if things topple into a domino effect squeeze (stock price skyrocketing to at least $50).
-30% of $10K is what, $3k?? I wish I had more capital to risk but I'm not gutsy enough to use my line of credit for a coinflip gamble.

>> No.22265481

>>22264359
My TSLA stop loss kicked in at $400 so I left with my +40%, I trust all of my other stocks so I will never sell them

>> No.22265536

>>22259321
That's reasonable. I waited for it to hit 20 before I bought.

You could also just look at the IV of the individual option, of course. Lower the better.

>> No.22265582

>>22265481
i feel like you could have made your stop loss much tighter (and adjust it backwards if it was only creeping backwards bit by bit)
like I'm guessing you did a trailing stop at -20% but you might do better next time to do a stop closer to -10%. Stick to your -20% trailing stop if it was only bleeding gradually day by day, but if it's making massive moves like going down -5% two days in a row, you change your plans and move to a -10% stop loss plan because you know panic is going to set in for something overhyped like TSLA (since it went up another like +50% on literally nothing but stock split hype).
good job though on the massive gains anyways.

>> No.22265642

God i wish my broker had trailing stop loss. I am not in minus but as example with AMD:
They were 91$, could have sold them there and rebought them at 79$, theyw will go up anyway but this small pits. It feels like i am holding nonstop. Fucking DEGIRO only offering trailing stop loss for german market.

>> No.22265693

>>22265253
Thanks anon

>> No.22265716

>>22265582
Yeah I'm taking it as a learning experience for greed and stop losses desu, thanks for the advice anon

>> No.22265734

>>22265642
wtf is your broker that you don't have basic orders like that
alternatively you can just have discilipine and use price alerts, basically a mental stop loss. Have a strict target where you will sell and take your profits (or cut your losses) if the stock price reaches it.

>> No.22265861

>>22265734
I picked DEGIRO, because you can trade in American Stock. It was also in the OP. I dont know why, they have all order types except trailing stop loss (only for XETRA). What exactly would be a strict target? Example to AMD:
>bought at $55, 20 pieces
>reaches $91
At that moment i had the feeling AMD will rise and i still think they rise because they are undervalued, so it feels wrong to get out when i have like 40% gains. When do i get out exactly, is there a thumb rule?
Also, all the money i dont invest is kinda getting fucked around from the brocker, they either reinvest my cash or do some wierd shit.

>> No.22265876

>>22265861
Binck is nicer than Degiro imo

>> No.22265897

>>22265876
Sadly i am german.

>> No.22265903

>>22265897
You can't get on Binck if you're not Dutch?

>> No.22265955

>>22265861
>no trailing stop loss
shit europe really is third world huh
:^(

>> No.22266100

>>22265861
when i plan to buy back into semiconductors, AMD along with TSM are definitely a couple picks I'm getting. But I'm bullish on both of them that I *personally* wouldn't bother with a stop loss since I'd be holding it with a 3-year outlook.

you should do enough DD into it that you're confident enough to hold it without a stop loss. Roadmaps are almost everything with tech companies, and AMD has a fantastic one where they have clear targets and they've consistently met those expectations (Lisa Su is amazing). Meanwhile, Intel's roadmap just has vague shit like 14+, 14++, 10+, 10+ (what are the specific product lineups??) and they miss expectations anyways. Like missing 7nm was fucking huge because you have contracts expiring soon and they expect updated Intel's hardware that is just not there as expected (e.g. supercomputer contracts like Aurora). Things can't happen overnight in this industry and you see things coming years in advance, so now AMD is set up to continue stealing more market share from Intel for the next 3 years at least.
Shit like that and I would just buy and forget for AMD. TSM's symposium news this year was really great as well, no one else has a clear roadmap to sub 3nm. Samsung still cannot get volume production on 5nm so even if they have a plan to 3nm, it's practically doomed since you don't just skip a node size. I wouldn't give a shit if TSM dips down under $70 somehow since I know it's worth way more than that in 3 years.

With good fundamentals, time > timing really holds true.

>> No.22266198

>>22257667
fuck off ackman last time you FUD'd it was because you had a huge short position open you motherfucker. https://www.youtube.com/watch?v=PejJZIlqRQE

>> No.22266554

>>22266100
Intel also missed PCIe4.

>> No.22266647

>>22266554
Oh I should probably explain the significance of this.
Intel's only remaining superior product is in high end gaming. The really high end where the single thread performance and <biased intel compilers> push intel's premium products ahead. Slightly.
The new series of GPUs is looking to be such a performance upgrade that only using PCIe3 means you'll be losing like 10% performance from a GPU if you use an intel platform. considering they have a 5% advantage, this is a big fuckup. They essentially lose the last competitive product they had, and that's BEFORE december, where they lose the lead in CPUs across the board, possibly permanently.
This means if you want a high end gaming PC, you have to go AMD. You have to. There's no choice. Intel turned their final bastion of competitive product into a 100% no buy.

>> No.22266876

>>22259965
statistically speaking the direction is mostly likely up, if down it's probably not much more down before going up again. for the record, since the recovery started, the most the NDX has dropped has been around 7%. this recent drop was around 10%. on no news, certainly nothing covid-panic-tier. there was also a strong rejection to the downside on friday.

if you're betting on another crash outta nowhere im gonna need more reasoning besides BTC going down a bit. every time it has dipped below the 200 EMA on the 1h chart on the NDX it has recovered since April. just look at a fucking chart you fucks.

>> No.22266919
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22266919

>>22266876
BTC also dipped with the market and has stabilized since then. I just can't see a dump happening after a three day weekend, low prices and a Fed and Trump ready to pump or even just stabilize a bit.