/biz/ - Business & Finance

[Anonymous No.7341060]

The biggest black swan event of our life times..

There is no preparing for tomorrow morning..

[Anonymous No.7341176]

>>7341060

sorry to break it to you but ...

DOW JONES INDUSTRIAL AVERAGE DJ:DJI

was always known to be a scam

[Anonymous No.7341208]

What is this

[Anonymous No.7341227]

XIV at 11 now, technically a termination event for this index. Whole volatility complex is fucking crazy right now.

[Anonymous No.7341243]

>>7341208
the absolute state

[Anonymous No.7341263]

>>7341060
The DOW is dead. It will never recover.
Stocks are dead. They will never recover.
Crypto is dead. It will never recover.
4chan is dead. It will never recover.
Earth is dead. It will never recover.

[Anonymous No.7341270]

Hey hey heeey

This looks so familiar

[Anonymous No.7341301]

>>7341060
Yeah, I’ve traded XIV for a while and I have literally no idea what’s going to happen to the market.

I happened to sell my positions a couple months ago because I was too busy with work though. It’s better to be lucky than good I suppose.

[Anonymous No.7341366]

>calling this a black swan
Fuck off OP. You're the reason Taleb drinks.

[Anonymous No.7341392]

>>7341366
gotta appeal to the masses with their terminology

[Anonymous No.7341424]

>>7341060
Ok so this fund gets liquidated, but the media will ignore it and pretend to be cool with it.

We need Lehman brothers to die or something.

[Anonymous No.7341494]

>>7341060
IT'S BECAUSE I OWNED 5 SHARES OF IT LOL

[Anonymous No.7341514]

>>7341424
I don’t think you understand how many people have positions in this.
I genuinely cannot fathom what is gonna happen to the VIX tomorrow.

Like I said, I traded it short for years; absolutely no one saw this coming. It genuinely may be the next mortgage backed security.

[Anonymous No.7341521]

>>7341263
AHHHHHHHHHHHHHHHHHHHH

[Anonymous No.7341532]

>>7341424
There's over $6tn in notional short volatility positions out there, or at least was before today. We will see lights out at several medium size financial institutions at the very least.

[Anonymous No.7341556]

>>7341424

[Anonymous No.7341583]

>>7341514
XIV is kill (literally terminated)

Real vix futures will be down 30% min tomorrow

[Anonymous No.7341620]

>>7341208
XIV is an inverse of the VIX futures which is the volatility measure for the stock market. During the past year since Trump got elected the XIV has steadily gained a few % each day. It got fucking smoked today as the VIX went to the redline for most of the day. I don't know why he posted a chart of it at 20 bucks. It's in the 80s even during afterhours.

[DarkTrip !nNThBA7CKU No.7341630]

Suspended markets
Extended auctions
Seen it all before

[Anonymous No.7341659]

>>7341494
Please say you ain't holding any link

[Anonymous No.7341677]

>>7341060
Nothing is happening tomorrow, the dip has already been absorbed.

[Anonymous No.7341680]

>>7341620
https://www.cnbc.com/2018/02/05/xiv-exchange-traded-security-linked-to-volatility-plummets-80-percent.html

[Anonymous No.7341717]

>>7341424
>>7341514

Oh fuck.

People are shorting VIX.
VIX spikes.
If you are shorting, and the underlying commodity spikes, the loss is potentially infinite.
A lot of people are going to get margin called tomorrow.
Then the effects will cascade through the system.
It's 2008 again. Fuck. Fuck. Fuck.

[Anonymous No.7341720]

>>7341680
Ah yeah, I just looked using my brokerage application. Just googling it showed it in the mid 80s.

[Anonymous No.7341737]

>>7341620
>>7341060
XIV is dead, the afterhours brought it down to fucking $10.

TFW I pulled out of the crypto market, relieved, then put $570 into XIV at $93.50 a share, (the best price during open hours) and the price drops to $10 afterhours. (Probably gonna be zero tomorrow.

I survived the crypto crash just to get fucked over in the regular market.

[Anonymous No.7341793]

Holy shit how? I thought you assholes were memeing with the "XIV is dead" shit. That has been literally the highest volume trade in recent months.

[Anonymous No.7341792]

>>7341583
Nah. VIX will be up at minimum another 100%. These positions are all trying desperately to cover their shorts. They’ve been so utterly blown out of their positions I won’t be surprised to see more than one fund shutter on this.

Like, I don’t know the extent of it since I don’t have my Bloomberg in front of me; but I’ll go out on a limb and say it’s going to be devestatingly red tomorrow. Literally no one saw this coming.

[Anonymous No.7341807]

>>7341677
no

[Anonymous No.7341839]

okay I just bought 5k of SVXY am I fucked?

[Anonymous No.7341844]

https://www.bloomberg.com/news/articles/2018-01-26/-50-cent-a-window-shopper-no-more-on-big-buy-of-march-vix-calls

With XIV getting fucking blown up 50-Cent must be fucking rich right now. He's been hedging since May.

[Anonymous No.7341852]

>>7341792
you dont understand. an 80% drop TERMINATES the fund

[Anonymous No.7341915]

>>7341852
nvm, i thought you were referring to xiv, not vix.

[Anonymous No.7341945]

>>7341852
Right, I understand XIV is terminated.
But most funds don’t use XIV. They just trade the futures directly. When I used to do it I also traded the futures directly. Like I said, I’m not at work so I can’t check. But people are scrambling.

[Anonymous No.7341972]

>>7341852
It terminates XIV not VIX. He may well be correct, the spike in VIX could continue tomorrow due to all the short vol positions and risk parity being unwound.

[Anonymous No.7341985]

... so in a nutshell crypto is shitfucked?

[Anonymous No.7341995]

>>7341680

Looks like a scam if I've ever seen one... "Hey bud, wanna bet the glasses will stay on this table? Yeah, whoops how clumsy of me I just dropped them. Sorry now all your life savings are belong to (((us))). Better luck next time!"

You have to be bitconneeeeeeeeeeeeeeeeeeeeeeeeec-level stupid to invest in that shit, these cunts deserved to get liquidated.

[Anonymous No.7341998]

>>7341792
>>7341793

What is the market cap of xiv? I'm a coiner, not a stocker. Is every big fund in this ?

[Anonymous No.7342028]

>>7341514
>>absolutely no one saw this coming

You're joking right? I've read countless articles about how people shorting VIX were going to get crushed once the VIX returned to its mean. I've also read countless articles about how the leveraged inverse VIX holdings would basically be rendered worthless in a single day once we had a decent sized correction. If you didn't see this as a possibility then you're a moron.

[Anonymous No.7342061]

>>7341998
largest trade in the market right now, and the fund is terminated as of this evening...

[Anonymous No.7342068]

>>7341985
No. Normies investing in retarded wall street securities are, though.

[Anonymous No.7342073]

>>7341945
Mostly retail traders

Lots of hard conversations with the wife tonight pretty sure svxy got the kill shot also

[Anonymous No.7342072]

>>7341998
I think it was in the billions. But I couldn’t even begin to estimate the total tied up in the trade.

[Anonymous No.7342078]

>>7341208
Inverse volatility index, you get to buy or sell volatility or stability as a commodity. You can even short the futures or it's derivatives.
it's another completely safe financial innovation brought to you by goldman sachs. there's nothing to see here at all.

[Anonymous No.7342096]

Guys go all in! It's mooning!

[Anonymous No.7342099]

>>7341844
Fiddy is /ournig/

>gets rich, doesn't die tryin
>makes millions accepting bitcoin for his albums
>made money on fucking vitamin water, top kek
>declared bankruptcy to avoid losing his money to some thottie
>now has made money buying up VIX calls

[Anonymous No.7342119]

>>7341737
ur lucky you only put 570 dang

[Anonymous No.7342159]

>>7342099
Wrong Fiddy. This is a guy who would buy a specific set of options for the VIX month after month. He just made fucking bank today.

[Anonymous No.7342199]

>>7342028
They were always the minority though. Everyone has understood the risk of it, but when I say no one saw it coming, I mean no one saw over a 100% move in VIX being a possibility, I may be wrong but it’s literally never happened as long as VIX has moved.

Every person I’ve ever spoken with has stated that a move like this blowing up XIV wasn’t a realistic possibility in their lifetime. Like I said, the new mortgage backed security.

[Anonymous No.7342201]

>>7341737
I bought some at $30 and $11, we'll see what tomorrow brings.

[Anonymous No.7342224]

>>7342119
At least I get to be part of history :'(

[Anonymous No.7342232]

>>7341737
Capped this because /bizlets/ will talk of this day for years

[Anonymous No.7342248]

>>7342073
I wouldn’t stress it too much. Claim it back on the taxes and buy whatever dip is coming. I’ve been through it before too friendo.

[Anonymous No.7342282]

>>7342159
Sad!

[Anonymous No.7342540]

>>7342199
Yeah, I was correct. It’s the largest VIX move in history.

[Anonymous No.7342740]

>seems like a good time to buy

[Anonymous No.7342798]

>>7342740
Fucking retards I swear.

[Anonymous No.7342814]

>>7342096
Nice meme

[Anonymous No.7342822]

>relentlessly tested

[Anonymous No.7342860]

>>7341060
all those who are invested will get fucked. but why this is such a big deal and what will happen tomorrow?

[Anonymous No.7342882]

>$4m of own and others funds gambled on a financial hedging instrument

[Anonymous No.7342892]

>>7342860
a huge portion of the market is exposed to this position. its a bomb about to go off tomorrow morning

[Anonymous No.7342912]

>>7342860

See >>7341717

[Anonymous No.7342931]

I'm reading some people talking about Credit Suisse, anybody got any details?

[Anonymous No.7342956]

>>7341737

> that fucking after-hours drop

Jesus Christ.

[Anonymous No.7342980]

>>7342061
>>7341998
https://sixfigureinvesting.com/2011/06/ivo-and-xiv-termination-events/

[Anonymous No.7343012]

>>7341737
why would you short the vix after how friday went down

[Anonymous No.7343014]

>>7341737
>TFW I pulled out of the crypto market, relieved,

[Anonymous No.7343075]

>>7343012
eternal bulls

status quo, "btfd"

the majority of the market is filled with QE babbys

[Anonymous No.7343082]

>>7341737
why did it collapse so hard after hours?

[Anonymous No.7343085]

>>7341737

this was their plan

[Anonymous No.7343157]

>>7343082
It's possible that a crash after hours is a loophole the prevents a termination. Very suspect that the crash didn't begin until right after close.

[Anonymous No.7343162]

>>7343012
this >>7343075
most market participants in the short vol complex have never seen a bear marker let alone traded through one

[Anonymous No.7343211]

is gold gonna go up?

[Anonymous No.7343241]

>>7341263
it's time to get crucified for having unconditional love for all humans

[DarkTrip !nNThBA7CKU No.7343259]

>>7342740
>backtesting
lol

Feds going on a buying spree tomoroow lol might even save credit suisse

[DarkTrip !nNThBA7CKU No.7343311]

>>7343211
more paper shorts as usual

[Anonymous No.7343319]

>crypto is a scam, it drops double digit % all the time and isn't backed up by big finance, unlike my boomer shares
>I only invest in things that are on the American market because they are safe
>what does termination mean and where is the nearest rope shop

Memecoins are actually /ourinvestment/ because if an idiot buys a bitcoin he still has a bitcoin when the market crashes.

[Anonymous No.7343356]

>>7343082
Margin calls.

[Anonymous No.7343498]

>>7343012
Most of the price drop happened during open hours, I thought the XIV would reflect that, and the VIX was already slowing down growth at that point. I bought in at the cheapest point during open hours, then I got fucked because I have absolutely no clue what happened after hours and no way to trade after hours.

[Anonymous No.7343540]

>>7343498
this shit was planned. They are going to use "after market" as an excuse not to terminate the fund tomorrow

[Anonymous No.7343562]

Post current vix positions

[Anonymous No.7343615]

>>7343540
God I hope so

[Anonymous No.7343677]

>>7343562
i really dont get vix trading, it's a reactive index completely. very hard to trade just gamble, just trade dow

[Anonymous No.7343680]

>>7343615

>>7343540

So should I buy in tomorrow?

[Anonymous No.7343739]

>>7343540
>>7343615
>>7343680
t. XIV bagholder

[Anonymous No.7343814]

>>7343680
would be interesting to see it go from 10 to 1 tomorrow, causing a termination anyways

[Anonymous No.7343917]

>>7343814

What if it goes from $10 back up to $100 tho

[Anonymous No.7344018]

>>7343917
Are you the same guy that said vix sounded like a good buy and then asked what termination meant?

Vix is dead with all of its holders. Credit suisse will look to protect themselves here.

[Anonymous No.7344094]

>>7342199
Its only a possibility because of all of the short/ultra short ETN's. Once it moves higher the ETN's have to buy VIX to cover, which leads to higher VIX, which means the short/ultra shorts have to buy more VIX. Its a cascading loop of fuck. Its the same with any short/ultra short ETN, if you get a decent sized move up in the underlying asset you're going to see a cascading loop of fuck. I've been waiting for this day for over a year to see it all actually play out.

[Anonymous No.7344104]

>>7343814
what is XIV?
index fund numba 19?

[Anonymous No.7344233]

>>7344104
DEAD GAME
DEAD FINANCIAL PRODUCT
DEAD STOCK MARKET

[Anonymous No.7344234]

>>7341737
Is that the famed iron-handed americans I keep hearing about?

[Anonymous No.7344267]

>reading about XIV
>"XIV is the VelocityShares Daily Inverse VIX Short-Term ETN"
>my fucking face

People complain that crypto is hard to get into / understand. jesus christ. Traditional markets have instruments a thousand times more contrived than even the scammiest cryptocoin. I hope the while derivatives market goes up in flames, who cares if it craters the world economy if wipes the smug look off wall street faggot's faces.

[Anonymous No.7344325]

>>7342028
>leveraged inverse VIX holdings
>(((financial degeneracy intensifies)))

[Anonymous No.7344366]

>>7341060
Guys I have 80 IQ, and can't understand what you're saying.

Are we all gonna be poor now?

[Anonymous No.7344385]

>>7344094
>It is hard to tell who is exactly holding this short-term oriented security at this time. Filings from back in September show Credit Suisse, Deutsche Asset Management, Citadel Advisors, Flow Traders, and Two Sigma as the top holders.

[Anonymous No.7344418]

Can't wait for WW3

[Anonymous No.7344441]

>>7344325
>>leveraged inverse VIX holdings
absolutely everything about that just sounds like the jewiest wallstreet fuckery in existence. Allowing financial products like this to exist is irresponsible and i'm so excited for everyone to learn their fucking lesson

[Anonymous No.7344517]

>>7343562
I really hope this is a fake. If not, I see a lot of suicides starting tomorrow.

[Anonymous No.7344546]

>>7341737
It's worse than link

[Anonymous No.7344561]

>>7342096
Population is the root of all problems in this world. Too many mouths to feed, not enough space. Either we resolve this through technology and a forced evolution or we're very much fucked. 1% will feel this too, there is no real exit strategy for this kind of scenario.

[Anonymous No.7344580]

So the questions are...

Are after-hour market movements considered valid to meet termination conditions? If so, won't many funds have puts and stops in place with regards to their positions in XIV?

Tomorrow is certainly going to be an interesting day.

[Anonymous No.7344601]

>>7341737
BITCONNNNNNNNNNNNNNNNNNNNNNECT

[Anonymous No.7344617]

>>7344546
Link is just a scam. This is more like if Link fulfilled all its goals got up to 3 digit token price then exit scammed.

[Anonymous No.7344616]

>>7344267
This. Fuckers talk about how crypto isn't real, WTF, these fuckers are just gambling on outcomes and pretending its a stock.

[Anonymous No.7344628]

What does it mean when the xiv gets terminated? I have money in Fidelity. How will this affect me?
Please in layman's terms. I'm not a smart man

[Anonymous No.7344648]

>>7344561
>Too many mouths to feed
Dumb capitalist pig.

[Anonymous No.7344660]

>tfw too fucking retarded to know what is going on at all

I hope the Jews lose money

[Anonymous No.7344679]

>>7344441
Futures on an ETN tracking an instrument which itself based on a blend of options on an index.

What complete fucking jewery.

[Anonymous No.7344702]

>>7344267
You don't need to understand it. You just buy it low and sell it high or you short it. It's not hard just gotta watch it all day. I snort coke.

[Anonymous No.7344720]

>>7344441
> Allowing financial products like this to exist is irresponsible and i'm so excited for everyone to learn their fucking lesson


Incorrect. These tools exist as a hedging tool. A fund with large positions on long/shorts that require volatility to come in would have used vix or similar to reduce their exposure to the risk of low volatility. In the case of vix liquidation their hedged position will have come in, more than offsetting their vix hedge and hence leaving them in their desired position (for brainlets, they made money as vix let them 'bet' on movements in the market for a longer period of time with lower risk)

The only people that have lost in this are people who aren't institutional traders and had no right trading this anyway. It is a useful market for hedge funds but not for average Joe mugs

[Anonymous No.7344733]

>>7344580
If the Fed doesn't step in to save it I'm gonna kill myself desu

[Anonymous No.7344752]

FED BAILOUT WHEN

[Anonymous No.7344753]

>>7344628
Depending on how much of a leveraged position Fidelity has in XIV. If it terminates, and they've held a large position, and the loss is sufficient for insolvency, then you'll be entitled to some cash (as per contract signed when you've opened the account) but only up to a certain maximum.

[Anonymous No.7344793]

>>7344648
Fuck off, it's not my fault we're all retards who feel the need to litter the earth with copies of ourselves and that we don't think of anything beyond our own lives/existence which is why we're in this fucking mess of a system where we're overpopulated and the controlled.

[Anonymous No.7344809]

>>7344720
>incorrect
>you can buy volatility or stability as a commodity and even shot them with leverage
And these people are telling us crypto is a speculative bubble.

[Anonymous No.7344844]

>>7341532
Are you saying 6trillion dollars just got wiped out?

[Anonymous No.7344853]

>>7341630
get that fat whore out of here, who cares how big her tits are if she's 200#

[Anonymous No.7344856]

>>7344793
There is enough food, resources and wealth on this planet for everyone to live well still.
It's just that a tiny minority is holding most of the wealth that fucks up this earth.

[Anonymous No.7344881]

While we await news on whether Credit Suisse will (or won't) terminate the retail-favorite XIV ETN, following its historic, 90% collapse, some other ETF/ETN providers are starting to terminate their VIX-linked offerings.

Moments ago, Nomura Europe Finance said the Next Notes S&P500 VIX Short-Term Futures Inverse Daily Excess Return Index ETN will be redeemed early, after a condition for early redemption was triggered due to movements in the underlying index. The underlying index on the ETN is the S&P500 VIX Short-Term Futures Inverse Daily Excess Return Index

[Anonymous No.7344889]

>>7344844
That's pretty much what's happening.

[Anonymous No.7344904]

>>7344856
you cant fight the pareto distribution

[Anonymous No.7344905]

>>7344856
I agree with the second part, but I still think we shot ourselves in the foot on the first part.

[Anonymous No.7344979]

>>7344660
a handful of jews will lose money, the entire rest of the world will suffer

and then the jews who didn't lose enough money will profit triple

[Anonymous No.7345035]

>>7344720
kek

[Anonymous No.7345041]

>>7343014
You better buy back now ;)
Thank me later

[Anonymous No.7345054]

>>7344809
Hedging tools like this are good for market, they actually reduce volatility by allowing investors to 'bet' on market fundamentals. If there wasn't two sides to every bet then boom and busts would be phenomenal.

Although, letting small investors leverage trade a market like this is very irresponsible. The fact that xiv was on Robinhood is incredible and a sign of a larger rot sitting under the foundations of the current financial markets.

[Anonymous No.7345061]

Guys are we seriously fucked? This is beyond my comprehension, and I'm trying here

[Anonymous No.7345082]

>>7344441
It’s there as a hedge. People just got greedy.

[Anonymous No.7345100]

>>7341060
>I-I-it's just a correction
The dialectic is in motion, comrades.

[Anonymous No.7345104]

>>7343680
If the fucker exists, go for it, $xiv. it'll probably be like $10 tomorrow and the vix does not usually do this type of thing twice in a decade. Just don't invest anything you're not willing to lose

[Anonymous No.7345113]

>>7344720
This
It should only be on a platform that looks like a 1995 excel sheet to keep retards away, but probably wasn't.

[Anonymous No.7345119]

>>7341737
include me in the screencap

[Anonymous No.7345138]

what the fuck is this thing

ok, yes so stockboomers came up with the VIX, a metric which would be measured using exponential notation if it applied to crypto

so some (((bankers))) took the inverse of it and made it........... a security???????

why is this important?
What was it's market cap?

[Anonymous No.7345147]

>>7344616
Made me laugh. truly the best part of the greatest timeline. When this instrument crashes everyone will realize that wall street and ((((finance))) in general is just memes and shitposts

[Anonymous No.7345153]

>>7345104
holy FUCK pic related

JUST

[Anonymous No.7345178]

>>7341060
wait i think i got it

>people bet MONEY that it's going to be more volatile

is that why crypto recovered?

[Anonymous No.7345182]

>>7344856
That's kind of what capitalism is. If you don't like the accumulation of Capital in the hands of a few individuals, you don't like actually existing Capitalism.

[Anonymous No.7345215]

>>7341263
yOu ArE aLL dEaD aNd ThIs ¡s HeLL

[Anonymous No.7345230]

Fuck Americans
Fuck Stocks
And specifically fuck american stocks

[Anonymous No.7345245]

you fucking giganigger cocksucking faggot shitpostering shitskinf aggot niggers

THIS
ASISZX
NMTYO
DIOWN

IT'S NOT DOWN AT ALL

GOOGLE FINANCE THIS SHIT

THE XIV IS ATR FUCKING 90 POKLITNS

LTIERLALYI MADE UP FUDD FUCKING NIGGERS\


tbhis is ltie

THIOS IS LTIERALLY JUST /POL/ IT'S EL HAPPENING XDDDDDDDDDD

THERE
I9S
NOTHING
HASPPENIGN

ITS
JSUT
FUCKING
FAGGOT
NEETS
ONM
4CHAN
LARPING
LIEK
SOMETHIGN
ISHAPPENIGN

NOTHIGN
ISF
UCKING
HAOPPENING

[Anonymous No.7345283]

>>7345104
>>7345153
Meant to post this RARE commemorative wojak I've made in honor of this shitty moment in my life. Things will be okay, I only lost 570 bucks, but as a college student who isn't wealthy, that kind of blows for me. Also embarrassing as fuck to bring it up to family/friends at all.

[Anonymous No.7345286]

if the market is going to continue to crash we shoudl buy UVXY right or am I reading this situation wrong

[Anonymous No.7345297]

>>7345178
No, no, no. They don't bet money. They buy volatility as a commodity and baghold it. Other people buy stability as a commodity and baghold it. And other people bet on these bags getting lighter or heavier with a leverage.

[Anonymous No.7345316]

>>7345104
>if the fucker exists

that is the key point

don't buy until you are sure its not getting terminated

[Anonymous No.7345320]

>>7344617
Makes sense. I just thought these kinds of crashes only involved funny money and not the entire market. Fuck

[Anonymous No.7345325]

>>7344853
every single one of the billions of men who existed before the modern age

[Anonymous No.7345358]

>>7344793
>anglo board
>reproduction levels below population replacement
>"we're ALL reproducing too much"
got lost on the road to r/iamverysmart, N I G G E R
this board needs a 25+ blockchain-enforced age limit

[Anonymous No.7345361]

>>7345138
the entire market is overexposed to short vol

just like the entire market was over exposed to mortgage backed securiti

[Anonymous No.7345375]

>>7344856
you are a fucking idiot

why do we need billions are people?

screw off

[Anonymous No.7345392]

>>7345286
uxvy isn't going to stay up for long, the VIX only spikes up. If you wanna be smart, just buy the whole market indices. If you wanna be smart and risky, buy the whole market indices on leverage and buy put options to hedge your bets.

[Anonymous No.7345395]

>"They thought crypto was over"
>"Punish them. Crash it all."

[Anonymous No.7345422]

>>7345395
>crypto is a bubble
>turns out the entire stock market is a bubble

[Anonymous No.7345429]

>>7344889
how much was in the XIV alone and do you have a source?

[Anonymous No.7345438]

>>7344856
Not really, society and all functions and hierarchies of nature also run on a small minority controlling the law of the land. That's simply how things work universally. Militaries, stock exchanges, social ladders all do this.

[Anonymous No.7345453]

>>7342078
>trading volatility
suddenly all the crypto shitcoins sound so legitimate

[Anonymous No.7345455]

>>7341060
Luckily only 9% of my portfolio was in XIV

I want to buy the dip tomorrow but I'm pretty sure they're going to liquidate it

[Anonymous No.7345471]

>le market is le closed :^)^)))^)^)^)^

>BUT NOT (((REALLY)))

simply fucking epic

[Anonymous No.7345476]

>>7344793
Who is "we", Shlomo?
Whites are only 5% of world population. There are billions of Pajeets, niggers and sandniggers, who consume the resources the whites produce.

[Anonymous No.7345504]

>>7342078
>buy or sell volatility or stability as a commodity.
How’s does this work exactly?

Also what is the best way to buy stock? Do I need to physically go to a broker or can i do it securely online someway? One of the things I like about crypto is how it can be traded without a broker.

[Anonymous No.7345507]

NIGGERS

>>7341060
>>7341424
>>7342740
>>7344720

JUST TELL ME:

HOW BAD IS IT? AND ARE THE JEWS RESPONSIBLE?

[Anonymous No.7345508]

>>7345100
Q predicted this.

[Anonymous No.7345518]

>>7345429
1.2 billion. So not that much? (I don't know anything though so don't take my word for it). Credit Suisse is basically fucked though

[Anonymous No.7345525]

>>7345054
I believe in hedging bets, especially when betting (trading) is ones living, but the level of abstraction on this shit is fucking madness. Derivates are legitimate to a point, but the XIV is on the verge of obscene. On top of that allowing people to take up leveraged positions is madness. Who knows how prevalent these instruments are in portfolios. Its gunna poison everything. Fuck all these banker faggots for calling my ETH fake internet money

[Anonymous No.7345530]

>>7345392
So was the idea to buy UVXY on open today if you thought the Friday crash was only going to get even worse? If market recovered it doesnt look like UVXY moves much, but if it crashed like today you can make 50% ina day. Low risk high reward?

And by whole markt indices you just mean ETFs like VOO right? im very new to this i have no option to use leverage or buy put options yet lol

[Anonymous No.7345561]

>>7344660
Hate to break it to you anon, but usually in times like this, the (((insiders))) have already exited their position and dumped whatever shitty asset onto the heads of retail investors. Not saying that’s necessary the case this time, as I’m not familiar with the workings of a future based on inverse volatility that’s traded as a commodity (or whatever the fuck this actually is)

[Anonymous No.7345568]

>>7344616
couldn't agree more.
And they say crypto has no intrinsic value or some shit like that, lol I'm sure betting on future prices of some worthless papers being backed by future prices of something even more worthless has a lot of value behind it.

You could as well bet on tomorrow's clouds pattern over some shithole in Kentucky

[Anonymous No.7345589]

>>7345518
>Credit Suisse is basically fucked though
financial crisis soon?

[Anonymous No.7345610]

>>7345297
literally insane, fuck economics, fuck finance, fuck anything more complicated than an excel table and windows calculator

[Anonymous No.7345618]

>>7345283
this is the best thing that can happen for college students with no assets and a shit ton of debt. Its the boomers who will be jumping out the windows and good, fuck them, this is all their fault

[Anonymous No.7345637]

>>7345518
XIV is just one short vol instrument. $SVXY also terminated. Other funds are also terminating short vol funds.

https://www.zerohedge.com/news/2018-02-05/vol-etf-terminations-begin-nomura-announces-early-redemption-vix-etn

yeah yeah
>zerohedge
sources are in the article

[Anonymous No.7345638]

>>7343319
At least in crypto when an anon an hero's himself and didn't sell before we have less circulating supply so the price goes up. They sacrifice for us.

[Anonymous No.7345665]

JUST

https://www.reddit.com/r/tradeXIV/comments/7vi6oa/xiv_after_hours/

[Anonymous No.7345678]

>Moments ago, Nomura Europe Finance said the Next Notes S&P500 VIX Short-Term Futures Inverse Daily Excess Return Index ETN will be redeemed early, after a condition for early redemption was triggered due to movements in the underlying index.
what mean biz?

[Anonymous No.7345690]

>>7345504
>How’s does this work exactly?
You buy an index share and baghold it. If the market gets more volatile, you bag is worth more.

[Anonymous No.7345702]

>>7345504
It's a meme at this point, but set up a Robinhood app account if youre in the US. Verification takes time though.

[Anonymous No.7345718]

>>7345678
They're redeeming before it goes belly up and they lose more sounds like

[Anonymous No.7345754]

>>7345245
>he doesn't know about after-hours trading

[Anonymous No.7345763]

>>7344660
They never lose, not even in the 1940s

[Anonymous No.7345779]

>>7345507
ETNs and ETFs that are/were inversely related to market volatility have been wiped out (they go up if market is flat, they go down if market is not flat)

Smart money only used these ETNs/ETFs to hedge other positions in the market. Smart money is up after the movements you've seen.

Dumb money used these inverse volatility ETNs/ETFs to bet that the market would stay steady forever and ever. They lost everything.

If there's more smart money than dumb money in these funds then this will be a movement of money from dumb to smart. If it's the opposite, this will delete value from the market (that=bad).

Underlying ripple affect will be felt in American markets when they open. You better hope you have safe investments like long term bonds and haven commodities in your retirement kitty.

[Anonymous No.7345782]

>>7345104
not even in rollercoaster tycoon

[Anonymous No.7345805]

>>7344889
Where did it go?

[Anonymous No.7345810]

>>7345610
Remember, these are the people who make fun of cryptos being speculative assets.

[Anonymous No.7345836]

>>7345530
Yes, ETFs like VOO.

Also, volatility jumps up and down a lot in these situations and even if you're making spectacular 200% gains, they can go away in days.

Also, don't worry about leverage or options then. Just buy and hold, because honestly, companies like google, amazon, etc are not going away, almost nothing changed for them overnight. FDN is a solid internet tech ETF btw

[Anonymous No.7345841]

>>7341060
>he thought traditional investing was safe
>muh regulations
>muh safe investment strategies
fucking pussies.

[Anonymous No.7345844]

>>7345508
>Q

[Anonymous No.7345877]

>>7345568
You do know there are derivative products for weather right?

[Anonymous No.7345903]

>>7345508
>>>/pol/

[Anonymous No.7345941]

>>7344561
>no real exit strategy
>what is genocide

[Anonymous No.7346020]

>>7345104
LOL. This looks like the Confido and Bitconnect charts

[Anonymous No.7346023]

What will the price of LINK be tomorrow?

[Anonymous No.7346092]

New rating released today. Fucking lol

[Anonymous No.7346099]

>>7341060
I've been waiting for the market to crash for years. I've been eyeing svxy to buy once things get really ugly. Looks like we are almost there.

Anyone else?

[Anonymous No.7346211]

>>7345702
Not from the US, from NZ. Was wondering if I could get a more generalised answer

How exactly is ownership of stocks verified? With crypto there’s the Blockchain but with stocks...

[Anonymous No.7346214]

>>7341060
Should I buy physical gold and run /biz/?

[Anonymous No.7346248]

>>7345836
Sure i didnt buy anything today only sold Wells Fargo, was just curious what the strategy woudl have been if you were betting on a bad day today. I am just buying and holding various individual stocks through Robinhood for now, under $10k, sbut still want to learn all these other opportunities there are, fascinating to me

[(Comfy) !!7iCGIecbnK/ No.7346321]

>tfw you knew it was coming and bought UVXY cheap

Thanks, robinhood generals

[Anonymous No.7346329]

Uh this wasn't supposed to happen, this embarrassing

[Anonymous No.7346361]

>>7345438

there are people who want to be in charge, men who want all the wealth, men groomed to lead, chads who seek all the pussy.

then there's us.

[Anonymous No.7346363]

>>7345754
this is the most jewish shit i've ever encountered

[Anonymous No.7346408]

>>7345810
>>7345610
>literally bagholding tokenized volatility index (or inverse thereof)

jesus christ

[DarkTrip !nNThBA7CKU No.7346482]

>>7346408
there's strong technical support at zero

[Anonymous No.7346539]

>>7341263
HOORAY

[Anonymous No.7346614]

>>7346211
You sign up with your identifying information to a broker (a company that acts like a bank). Then the broker lets you deposit money and trade for it online, and shows how many stocks you have in which companies. You leave the stocks online because if the broker pulls funny business the government lets you sue them, etc.

[Anonymous No.7346702]

>>7346099
The losses today are so severe the fund is going to be liquidated by the bank

SVXY no longer exists

[Anonymous No.7346727]

>>7346092
>long

[Anonymous No.7346794]

So /biz/, how close are we to 2008 ?
Whose fault is it ?

[Anonymous No.7346815]

https://www.tradingview.com/chart/?symbol=TVC:SHCOMP

China is Red

[Anonymous No.7346819]

lol what coin is this?

[Anonymous No.7346820]

>>7346614
What exactly do you mean by "leave them online", as opposed to what exactly? Having a printed certificate?

[Anonymous No.7346831]

Will this be on the news tomorrow?

[Anonymous No.7346885]

>>7346831
Its already trending.

https://www.cnbc.com/2018/02/05/xiv-exchange-traded-security-linked-to-volatility-plummets-80-percent.html

[Anonymous No.7346926]

>>7341630
feel like i need to squeeze the nipple to let the milk out, tits too big

[Anonymous No.7346972]

>>7345568
Now you understand why Gnosis and augur are potentially big

[Anonymous No.7346990]

>>7345877
you have godc to be fucking kidding me

[Anonymous No.7346994]

>>7346248
A crash course:

Stocks - when you believe in a company/corporation's value
Short sell stocks - when you believe a company/corp is overrated

ETFs - bundles of stocks (usually for poorfags or lazyfags, often good option for retail investors, usually have a theme) basically act the same way as stocks (Some have leverage or fees, and some reflect the values of things that aren't even companies)

ETP's: exchange traded products, basically wallstreet mathemagical economic fuckery, trading based on derivatives of derivatives, etc. Usually used by professionals to protect themselves from losses (like options are used)

Options:
basically bet money on what value a stock will be above (call option) or below (put option) on a certain date. Good for losing (or making) lots of money in a short amount of time. Also good for protecting yourself against disasters (for example, you can invest 10000 into company A and then invest 100 dollars into options that bet company ! will be absolutely skullfucked in the future, so that if your stocks decrease in value, you basically break even.

Leverage - borrowing money in order to invest in something. For when you're VERY VERY sure of something and want to make more money.

[Anonymous No.7347002]

>>7346885
holy shit look at this nigga's (author of ur article) head

[Anonymous No.7347026]

>>7346794
depends who goes under
credit suisse could be completely fucked

[Anonymous No.7347113]

>>7341243
well 'stated'

[Anonymous No.7347120]

>>7346990
https://en.m.wikipedia.org/wiki/Weather_derivative

Enjoy pal.

[Anonymous No.7347126]

A black swan event refers to something unexpected, a long tail. This was long overdue. Plebes

[Anonymous No.7347139]

>>7347026
credit suisse is tanking in after hours

[Anonymous No.7347142]

>>7346994
I've picked up shorts and ETFs and the theory behind options by now, just dont have enough money to have an account where I can short yet. ETPs wtf is that though, not getting scammed by that stuff I'm closer to retail than pro daytrader. I'm having fun learning about fundamentals and TA etc so I've been buying individual stocks, I probably should get into ETFS like VOO or FDN for a solid % of my portfolio and just let it sit.

[Anonymous No.7347184]

revolution when

[Anonymous No.7347189]

>>7346994
It what situation is a future better than an option, and vica versa

[Anonymous No.7347198]

>>7346990
>you have godc to be fucking kidding me

everything is up for being jewed

[Anonymous No.7347219]

I expected a large correction in crypto following the December - January rally. I was mentally and financially prepared for that.

What I didn't expect was a coinciding stock market crash.

[Anonymous No.7347258]

>>7346820
As opposed to having a printed certificate or information on a hard drive.

[Anonymous No.7347259]

>>7341630

Fuckyouuu I was trying not to fap

[Anonymous No.7347379]

>>7347189
https://www.investopedia.com/articles/active-trading/112814/stock-futures-vs-stock-options.asp

Basically an option is a bet on the price, and a future is an obligation to buy or sell in the future at an already negotiated price.

[Anonymous No.7347436]

>>7347258
Back in the olden days you could get a printed stock share. That was the actual share. Someone steals the paper, they stole the stock.

[Anonymous No.7347482]

>inverse of a volatility index crashes during the first day in years of extreme volatility
I know that's simplifying it a lot, but kinda seems like an inherently flimsy house that was built.

[Anonymous No.7347512]

>>7341060
GOODY GUM DROPS

[Anonymous No.7347541]

>>7347120
>>7346990
Yeah its stupid but its "meant" for hedging

[Anonymous No.7347563]

>>7347436
I know, there are actually certain places where you can still buy printed shares online, it's just stupid expensive and not worth it.

[Anonymous No.7347772]

>>7346994
>ETFs - bundles of stocks
isn't this the same thing that crashed the economy last time cause they were badly graded (as in, shit got graded A+)?

[Anonymous No.7347795]

Fucking derivatives are less freak than shitcoins.

[Anonymous No.7347850]

>>7347795
>less freak
Less real, I'm phoneposting

[Anonymous No.7347870]

So basically, the largest short squeeze in history is about to happen at market open and the market is going to crash as collateral?

[Anonymous No.7347937]

>>7347870
that's one way to put it yeah

[Anonymous No.7347964]

>>7347772
those were bundled mortgages, but yes massive correction of underlying assets can trigger a derivative bomb that amplifies things

[Anonymous No.7347986]

>>7347795
the derivative market is worth

wait
for
it

wait

wait for it

you'll love this

it's

worth

seven

hundred

trillion

fucking

dollars

IT'S WORTH THIRTY FIVE FUCKING TIMES THE UNITED STATES NATIONAL DEBT

[Anonymous No.7348026]

>>7347870

[Anonymous No.7348034]

>>7347986
hahaahahahahahhHAHAHAHAHA WAIT IT'S ACTUALLY PERHAPS UP TO 1.2 QUADRILLION DOLLARS

AM I PLAYING COOKIE CLICKER

NO I'M JUST THE WORLD FUCKING ECONOMY

and people think that a market cap of cryptos is absurd at 800 billion

[Anonymous No.7348055]

>>7341263
don't get my hopes up

[Anonymous No.7348057]

>>7347986
More than that. I read in a meme infograpbic chart the total value of derivatives is in the quadrillions.

[Anonymous No.7348079]

>>7347986
i'm so excited

[Anonymous No.7348096]

>>7341176
This isn't the Dow. VIX is based on S&P 500 futures.

[Anonymous No.7348138]

>>7347986
Holy fuck, that's not a good omen

[Anonymous No.7348154]

>>7341270
First time i laughed all day thank you

[Anonymous No.7348195]

>>7341060
For those of you who don't understand this because MUH crypto

Basically short volatility is a common strategy by much of retail and institutions. When the vix jumped significantly it went over 100% increase in one day. Because of this the underwriter (credit suisse) liquidates it's position because you can't have negative equity in the ETN, but they as the futures position can effectively get a margin call from the futures contract. In the underwriting they state at 80% they liquidate the position as to not take any losses occurred from making the ETN. Lots of retail and institutionals will be wiped out tomorrow assuming this. Many money managers likely got caught in this and will likely face a 10% or greater loss on this. This will cause even more panic selling. Credit Suisse also likely holds a lot of risk associated with selling similar products to larger customers

[Anonymous No.7348200]

>>7348079
And I just can't hide it

[Anonymous No.7348207]

>>7342931
CS holds ~5mn shares of XIV. Looks set to wipeout its PTI over the past few years
>t. work at CS. No bonuses for sure now :'(

[Anonymous No.7348266]

>>7348195
They will also go long VIX and short equities to cover their failing position.

Spooky.

[Anonymous No.7348276]

>>7348034
Sorry I'm very stupid with finance:
Derivatives are just derived from assets right? So why are they worth such an absurd amount?

[Anonymous No.7348300]

>>7346702
proof?

[Anonymous No.7348339]

>>7348276
because you can take a $10 bet on an asset, and bet $100 on the outcome of that bet.

[Anonymous No.7348359]

>>7348276
They’re essentially just insurance contracts if that makes it easier to think of.

[Anonymous No.7348369]

>>7348195
>>7348266
On a scale of 1 to 10, how fucked is crypto

[Anonymous No.7348447]

>>7348339
thats really stupid, why is that allowed
whats to stop people from just creating derivaties of derivates constantly over and over, or is that whats bascialyl happened? why doesnt the NYSE and NASDAQ have some sort of rules like 'trade real things' to avoid this, or do they want the transaction fees and if you guys crash the economy then its not on us?

[Anonymous No.7348469]

>>7348339
>>7348359
Ahhh I get it
checked and checked

[Anonymous No.7348480]

>>7341366
No, he drinks because of the people asking him for his predictions on things.

[Anonymous No.7348484]

>>7348447
>or is that whats bascialyl happened?
yes

[Anonymous No.7348501]

>>7348447
as long as NUMBER GO UP they'll let them do what they want

[Anonymous No.7348506]

>>7348369
Unknown, could be bad, or nothing. Crypto hasn't reflected the stock market much at all, but I don't know if crypto holders would generally be willing to sell to move into stocks later on. There is a solid chance the selloff of crypto will accelerate so people can buy stocks at low prices.

[Anonymous No.7348533]

Somewhere, an elephant is happy.

[Anonymous No.7348537]

>>7348369
could be good for crypto long term

[Anonymous No.7348600]

[Anonymous No.7348618]

>>7348300
Read the prospectus, it said if it takes 80% losses or greater they will liquidate, it fell 95% or some shit in after market trading

[Anonymous No.7348652]

>>7348484
isnt that exactly what happened in 2008?
selling the same shit under a different name?

[Anonymous No.7348702]

>>7342931
>https://sixfigureinvesting.com/2011/06/ivo-and-xiv-termination-events/

Holy fuck they just lost half a billion on XIV

http://www.forexlive.com/news/!/the-xiv-is-going-to-be-the-first-big-etf-blowup-and-credit-suisse-is-getting-hit-hard-20180206

[Anonymous No.7348709]

>bought SPXL and still hodling a week before this shit happened

how fucked am i?

[Anonymous No.7348720]

>>7348207
https://www.finews.com/news/english-news/30554-peoplemoves-credit-suisse-job-cuts-executive-management
is CS gonna be okay?

[Anonymous No.7348739]

>>7348652
the derivatives market grew by orders of magnitude after 2008. nothing changed

[Anonymous No.7348766]

>>7348447
basically you have the real productive economy which are represented in the stock market as real assets / traditional equitites / corporate bonds. But ontop of that, with lack of oversight banks have added lots of layers in the form of other financial products (etfs, mutual funds, other financial products). The value of the system has gotten so huge because it is an abstraction designed to such as much nominal wealth as possible from the real assets underlying the system. If you understand math to a high degree the whole derivative thing actually makes perfect sense of an abstraction modelling outcomes and future values etc.

TL;DR yet another overly complex system designed to distract dumb and smart people alike from the fact they're getting jewed.

[Anonymous No.7348823]

brainlet here. do i short or buy?

[Anonymous No.7348826]

>>7348369
Crypto may be seen as a hedge for the global economy (think gold) and may experience a massive gain as people swarm it as a hedge against the global markets fall. 1/10 (moon mission)

There is also the possibility that because of it's speculative nature and with the collapsing markets retail will panic with their losses closing positions and driving prices even lower as they flee for gold/silver. 14/10

It honestly could go either way anon. Next few days are important Godspeed

[Anonymous No.7348844]

>>7348339
>>7348447
Just to clarify, it's like 10% chance that you get $100 and 90% chance that your $10 just goes out the window. Or you can be the other side, 10% chance that you loose $100 or 90% chance that you gain a flat $10 and never have to do shit. Of course that's before fees.

Mostly derivatives exist to hedge your bets, speculate on growth, or create abstract patterns in which you can gain money or lose money in a variety of patterns depending on how the market goes.

It's just another abstraction layer on top of the market and if used correctly it usually means substantially increased safety rather than the opposite.

There are, of course, tons of regulations on all these things, but what you're trading are contracts, which are no less real than all other forms of securities.

[Anonymous No.7348843]

>>7348702
>>7348720
oh mang
CS is fucked, they'll probably offload it to customers though

[Anonymous No.7348857]

>>7341263
They always have been dead, its a matter of how long until the corpse decays

[Anonymous No.7348894]

>>7348720
No they may have just sparked a black swan event that will occur tomorrow morning.

[Anonymous No.7348903]

>>7348766
the whole financial industry should be used to fill mass graves

[Anonymous No.7348932]

>>7348600
good meme do not steal

[Anonymous No.7348953]

>>7348844
The flipside is that with these mechanisms, corrections of the underlying assets are amplified immensely.

[Anonymous No.7348968]

>>7345518
https://www.nasdaq.com/symbol/xiv/etf-detail

15 million shares outstanding. Was just over 2 billion worth at the peak a month ago.

[Anonymous No.7348969]

>>7348844
>There are, of course, tons of regulations on all these things, but what you're trading are contracts, which are no less real than all other forms of securities.

boomer or bagel w/lox eater?

[Anonymous No.7349026]

>>7341176
UVXY already doubled

[Anonymous No.7349036]

>>7348843
Most likely kek
Ever seen the movie Margin Call?

[Anonymous No.7349097]

>>7348766
I understand how it works in theory, but why is it allowed if a crash is the guaranteed outcome? Why even allow people to bet $1000 on a flip of a quarter if you KNOW it will fail eventually?

[Anonymous No.7349258]

>>7349097
because it produces profits

[Anonymous No.7349321]

>>7349258
Whats the answer? Congress regulations? Only allowing 1 or 2 levels of derivatives up to a certain nominal value relative to the original asset?

[Anonymous No.7349334]

>>7348369
Long term, great.

What’s being killed right now is a lot of cryptos "value" based on speculation. This is necessary and good for the market. You want to be paying for cryptos based on their fundamental value, not wild pajeet speculation. BTC was only "worth" 18k because the people buying assumed it would be worth more later, BTC didn’t fundamentalky change in any meaningful way.

This isn’t like MtGox were crypto itself less secure as an investment, nothing techonologically has changed since December/November/October...

[Anonymous No.7349359]

>>7349036
This is going to be a movie too.

Somewhere in a tall wall street building, Julius Shekelberg predicted this but he was scorned and ridiculed by his peers. At the end, Sheks is triumphant, gets the mousey yet loyal girlfriend, and his Cobra Kai naysayers watch their Lambos get towed by the repo man. Cameo by 50 Cent.

[Anonymous No.7349363]

>>7349097
Because the institutions doing this were deemed "too big to fail" after 2008.

No one is every held accountable for having reckless money making ideas like this; infact they're praised for articulating these abstract ways to mathematically hedge risk and make money using easily accessibly bank capital (credit/leverage).

These people have reached levels of wealth and control through dominance of the government by a certain professional/pseudointellecutal class (basically nepotism and frats)

[Anonymous No.7349373]

>>7341060
>
XIV is at $15.43...

[Anonymous No.7349400]

Who will take the blame for this massive fuckup?

[Anonymous No.7349466]

>>7349359
This guy predicted it

https://static1.squarespace.com/static/5581f17ee4b01f59c2b1513a/t/59ea16dbbe42d6ff1cae589f/1508513505640/Artemis_Volatility+and+the+Alchemy+of+Risk_2017.pdf

https://www.nytimes.com/2017/09/13/business/dealbook/market-volatility.html

[Anonymous No.7349494]

so buy vix tomorrow or is it too late?

[Anonymous No.7349512]

>>7349321
killing it all

[Anonymous No.7349635]

>>7349494
It literally can't go up more than 100% by design you fucking moron

[Anonymous No.7349667]

Who can we blame for this irrational crash? Lizard people? Norwegians? Moon men?

[Anonymous No.7349684]

>>7349635
It literally went up more than 100% today you fucking paste eater.

[Anonymous No.7349687]

>>7349466
Vince Vaughn will play him in the movie.

[Anonymous No.7349711]

>>7349494
Yes if you dont buy TVIX you will lose
Short everything you can and dump into TVIX or UVXY

Sell before the 14th

[Anonymous No.7349775]

>>7344366
Read CNBC tomorrow.

Also sell all your stocks immediately and buy them back in a week.

[Anonymous No.7349888]

>>7349667
Bankster Jews.

[Anonymous No.7349904]

>>7344561
We have plenty of food, and even ways to produce more. The problem is the billions who don't produce enough value to sustain their own existence, much less their geometrical growth

[Anonymous No.7349925]

How do we make money from this?

[Anonymous No.7349966]

>>7349888
Nah fuck that, I'm bored of them. We need something fresh to blame. Chinese, indians and jews, old news.

[Anonymous No.7350028]

>>7349635
>It literally can't go up more than 100% by design

https://www.google.com/search?q=vix&ie=utf-8&oe=utf-8&client=firefox-b-ab

>37.32 +20.01 (+115.60%)
>+115.60%

[Anonymous No.7350065]

>>7341060
how long do people have to address their margin calls? a day? less?

[Anonymous No.7350140]

>>7349925
Rope manufacturing stocks

[Anonymous No.7350152]

>>7342078
>volatility or stability as a commodity
wut

[Anonymous No.7350166]

>>7349925
>>7350140

[Anonymous No.7350218]

>>7349359
We need a Wall Street version of The Expendables or Fast and Furious.

[Anonymous No.7350263]

>>7349925
Go all in on tvix RIGHT NOW

[Anonymous No.7350334]

My dudes go all in on TVIX right now we ARE ALL GONNA MAKE IT!!!!

[Anonymous No.7350375]

>>7350152
financial capitalism is basically just a casino

[Anonymous No.7350511]

>>7349036
I'm watching it right now on your recommend. Perfect movie for tonight. Cheers!

[Anonymous No.7350608]

>>7345358
I don't even know what that is, but clearly you do, Reddit normie, fuck off.

[Anonymous No.7350616]

>>7347482
So was considering a bunch of bundled-up garbage subprime mortgages to suddenly be safe as T-bills because "lol house prices could never decline nationwide all at once".

[Anonymous No.7350646]

>>7349036
> Mfw will never sit at the top of a skyscraper and having a smoke while talking about the end of the world as we know it

[Anonymous No.7350695]

>>7344561
>too many mouths to feed
>I won't be able to afford my 20th mansion waaaaaaaaaaaaaaaaaaaah
Guess I'll just kill everything like a petulant child.

[Anonymous No.7350707]

Whats the lesson for us non billionaires here on /biz/ and elsewhere? Dont buy into any non actual assets or at the most bundled ones in ETFs, else this sort of bullshit happens? Buy into real companies that actually do stuff that can tgo away overnight?

[Anonymous No.7350756]

Credit Suisse owned like $550 million worth of XIV earlier today. Going to wipe out like two full quarters of revenue tomorrow

[Anonymous No.7350759]

>>7348138
i'm really glad i kept most of my holdings in crypto, because if that can't survive a full crash nothing can

[Anonymous No.7350791]

>>7350756
good fuck 'em

[Anonymous No.7350817]

>>7348266
>They will also go long VIX
this is the most perverse incentive ever

[Anonymous No.7350820]

What's BTCs price tomorrow evening, given this news?

[Anonymous No.7350865]

>>7350707
Don't buy into companies that buyback shares. Higher stock price doesn't mean the company is doing well always. Buy into companies investing their money into themselves, expanding, hiring people, etc. Those companies have solid plans for the present and the future rather than just increasing their stock prices through financial engineering.