Monday's preview

[Anonymous No.863603]

Futures markets have been open for 15 minutes.
Here's how it's looking so far
S&P - down 0.68% and falling
Oil - down 0.54% and fluctuating
Gold - up 0.45% and climbing

Get your monday game plan ready, /biz/

[Anonymous No.863610]

>>863603
Fuck yes I've been holding a volatility ETN over the weekend

[Anonymous No.863631]

bump, these threads should be stickied for the next few days, what is this board for anyway

[Anonymous No.863641]

>>863610
I think your position is quite solid, friend.

Looks like the emini S&P traders are fighting around the 1955-1960 range until the Asian markets open.

I just bought a few Oct /GC 1220 calls. Gold is looking stronger and stronger.

[Anonymous No.863648]

http://money.cnn.com/data/premarket/

[Anonymous No.863663]

>>863641
The bears are clearly winning in this first hour of trading. S&P just plunged under 1955. Now down 1% and hovering precariously around 1951-1956 range as the trend lines are forming in a downward trajectory.

>>863648
That CNN feed is 20 minutes old. Get on a futures trading platform. This shit is entertaining.

[Anonymous No.863672]

>>863663
I am, I can't link it though
kek, I wouldn't be enjoying this nearly as much if I had any price exposure. I might pop some popcorn

[Anonymous No.863685]

Anyone thinking of touching some specific tech companies? Such as netflix?

[Anonymous No.863695]

Gold lost first minutes gains but looks like it's trending still oil is slipping to high 30's

[Anonymous No.863698]

>>863685
I'm thinking of selling my stocks. Halo average 11 HZNP average 15. I might just keep adding to those two...netflix I would wait

[Anonymous No.863699]

>>863663
>>863672
Link?

[Anonymous No.863700]

>>863685
I wouldn't BUY any stocks until the selloff is over. Nothing in the overpriced tech sector seems appealing to me.
I've been looking at possibly buying some $BBY (Best Buy) put options when market opens on Monday, not that BBY is a "tech stock".

S&P down 1.04%
Oil down 1.16%
Gold up 0.1%

[Anonymous No.863702]

Bump for sticky

[Anonymous No.863704]

>>863699
Ipad, sorry

S&P down a point, looked like a possible quick reversal in the first hour, but that's not happening

[Anonymous No.863705]

>>863699
I'm use a trading platform to watch all this. I don't think any sites have anything except a 20 minute delay feed.

[Anonymous No.863706]

>>863698
Days ago NFLX was trading at 120ish and now it's down to 103, not bad.

>>863700
Once the selloff is over prices will jump though won't they?

[Anonymous No.863708]

You guys think it's a good idea to put a 10% sell stop on all long positions tonight or wait till tomorrow?

[Anonymous No.863709]

>>863700
Would you sell if you had my biotechs. I don't want to catch a falling knife.. I'm still up but lost a lot of gains already.

[Anonymous No.863714]

>>863708
if you're talking about your pension fund I would just turn your computer and tv off and not even think about stocks for a few months,
if it's just fucking around money then I'd probably sell

[Anonymous No.863716]

>>863709
Tech & biotech stocks have been at bubble pricing for a while. Sell em. Trust.

[Anonymous No.863730]

>>863603
How will EURUSD react? Waiting for this fucker to turn around from that huge uptrend, for some reason I was staring right at it, but hesitated to get in. As a principle, I try not to get into a trend I'm unsure of.. then it turned out the fucker shot right up to 1.14 before even showing the least bit of resistance.

>>863709
Doesn't "Don't catch a falling knife" refer to buying in a downtrend, when you think it's going to turn around, before there's clear confirmation that it is indeed turning around? Cutting your losses is a better idea than waiting for it to maybe make that final run at the top. Your choice. I'd set a stop of some kind, though. Better safe than sorry, especially with the kind of high we're at. Personally, I'd think it'll probably shoot up a bit until 10-16 september, when we'll be looking at quite the dire situation for indices. It's not going to go much higher, but it could possibly make another attempt at the top.

Just taking a quick look at it with no prior study of it in the last weeks, I'd say that it could probably drop from 1956 (current level) to 1900, before it reaches new resistance levels.

[Anonymous No.863740]

>>863700
Buying retail into a recession?

[Anonymous No.863742]

>>863740
> $BBY put options

[Anonymous No.863745]

Will tomorrow kill the stock market?

[Anonymous No.863747]

>>863716
So you don't see a bounce back for tech?

[Anonymous No.863753]

>>863730
* drop from 1956

If it makes it past, confidently.

[Anonymous No.863754]

>>863747
No.

15 minutes until Tokyo opens
S&P recovering a bit - down 0.51%
Oil back up over 40... barely - down 0.94%
Gold looking lethargic - up 0.14%

[Anonymous No.863762]

>>863730
Man I have no clue how EURUSD will play out. Way too many variables in play. I try not to fuck with currencies.

[Anonymous No.863764]

>>863730
>>863753
Looks like it's hitting some resistance, anyway. Might consider shorting for the short term this if everything looks good, and it has pulled back, by tomorrow. But I think it was simply a matter of it breaking out downwards due to the long-term consolidation. I don't think it's "the fall". That probably requires more drastic events to precede. I'd say it can recover, but it's way too early to tell. Ask later in the week.

[Anonymous No.863779]

BREAKING: Japan's Nikkei 225 opens down 1.86% at 19,075.05

[Anonymous No.863787]

>>863779
It's on like donkey kong.

When do we head to the bunker?

[Anonymous No.863788]

>>863779
Our market hasn't really moved much.
Very low volume in the past 30 minutes.

Let's see how China opens.

[Anonymous No.863795]

What's the best low cost gold index fund I can invest in right now?

[Anonymous No.863798]

>>863788
yeah, this could all be undone in literally a second tomorrow morning.
Still a pretty interesting preview

[Anonymous No.863799]

>>863788
Gold just sunk into negative territory after a quick blip of high volume.

S&P - down 0.71%
Oil - down 1.14%
Gold - down 0.08%

[Anonymous No.863802]

https://www.youtube.com/watch?v=MFpIg3SdxME#t=1070

[Anonymous No.863809]

BREAKING: Nikkei 225 drops 500 points (2.6%)

[Anonymous No.863810]

>>863809
Aussie All Ords -2.5% in 15 mins

[Anonymous No.863814]

Is it happening?

[Anonymous No.863816]

The German DAX starts in about 7 hours and it will most likely fall below 10k today. Take everything and run Y/N? I have about 20000€ in Allianz ALV.

[Anonymous No.863818]

>>863814
Gotta wait for CHina

[Anonymous No.863823]

>>863814
/pol/ was right again.
/pol/ is always right.

[Anonymous No.863825]

>>863716
Whatchu think of illumina ?

[Anonymous No.863827]

ASX 200 (-2.18%), KOSPI (-0.50%)

[Anonymous No.863830]

Nikkei 225
-473.99 (-2.44%)

[Anonymous No.863831]

>>863787
>When do we head to the bunker?
when the battle is on?! COWARD!!

[Anonymous No.863832]

RINGGIT SLIDES 1% TO 4.2240 PER DOLLAR

[Anonymous No.863835]

>>863825
Sell

[Anonymous No.863839]

North Korea went up 177% up? Someone can confirm this?

[Anonymous No.863849]

Dow futures are currently down more than 500 points

[Anonymous No.863851]

>>863839
>>863839
I CANNO CONFIM OR DENIEE SUCH STATEMENTS UNLESS YOU HAVE CHEEZE.

[Anonymous No.863854]

>>863849
>>863849
bullshit

>pic related

[Anonymous No.863856]

should i withdrw all the money in my bank account if shit hits the fan?
I only have enough in my bank to pay my bills and my last year of school which starts tomorrow

[Anonymous No.863861]

>>863856
well the money in the bank account wont be touched unless it's invested in something, if it's a regular savings/checking then no worries

[Anonymous No.863862]

Oil now trading 39.87
Down 1.42%

[Anonymous No.863866]

Well.. I think I'm going to sell my two biotechs. I'm still in gain territory but I think these two stocks I can hold for life and should just add and add.

[Anonymous No.863870]

>>863861
ok thanks man!

[Anonymous No.863871]

>>863866
So... you are selling or not???

[Anonymous No.863875]

>>863856
if you're asking if the banking industry is going to collapse, then no your money is fine

[Anonymous No.863877]

>>863871
Ugh idk man. Both stocks are really good and HALO had blowout earnings while collecting money from other companies looks so good I might just add more shares for long term investment.

[Anonymous No.863881]

I sold my FBIOX position that I've had since 2011 on Friday, learned to stay away from mutual funds in doing so as I put in the order at 10am and was forced to watch it drop another 2% throughout the day

Gonna stay out of the markets for a while till things cool down, dreading the check I'm gonna have to write for the capital gains I realized on the sale, but hopefully can pick up some things for cheap when the blood is done spilling

[Anonymous No.863886]

>>863877
I'm in the same spot with AVXL. Things just started looking really good too.

[Anonymous No.863898]

>>863877
>>863886
why not just put a stop on quote order at a low enough price where you know it's going down but high enough to still reap profit?

[Anonymous No.863908]

sell-side trader here

work is going to be fun tomorrow.

I'm putting a 96 stop on my AAPL shares tomorrow for my personal account. Looking at gold etf's short-term.

[Anonymous No.863911]

>>863898
I'm trying to be an investor instead of a trader but as a first time investor I'm getting nervous and don't want to sell near the bottom of the fire sale.

[Anonymous No.863913]

So, I don't know anything about any of this. But should I be worried? Is The Collapse coming?

[Anonymous No.863915]

Shanghai -134.27 (-3.83%)

[Anonymous No.863917]

>>863898
They report results from clinical trials soon and all signs point to EXTREMELY positive. Plus I'm guessing there will be a rebound after the initial pullback, so I could get a better price later in the week. If not, I'll probably just hold through clinical results

[Anonymous No.863918]

/pol/ reporting in

[Anonymous No.863921]

is nikkei recovering?

[Anonymous No.863922]

>>863915
HAHAHAHAHAHAHAHAHHAHAHHAHAHAHAHAHBSHEHE X SKI+$8!)!'oeorbco$:3';o'_8$'You a x
Soen

[Anonymous No.863923]

>-4,27%

Oh my

[Anonymous No.863925]

Shanghai -5.31%

[Anonymous No.863926]

>>863918
Welcome to the party.
All the world markets are tanking.
Oil is in the high 30's.
Bears are rejoicing.
Bulls are pissing their pants.

[Anonymous No.863930]

>>863921
A bit, but still down 1.9%

[Anonymous No.863931]

SHOULD I BE WORRIED

[Anonymous No.863932]

Well, I mean, it's not like it's the first time that china dropped this much before the break. It's happened before that the market moves to positive by the close after such a large drop.

[Anonymous No.863934]

>All that red

ID'S HABBENING

t. /pol/

[Anonymous No.863937]

>>863932

>6% drop is normal

[Anonymous No.863938]

/pol/ WAS ALWAYS RIGHT

IT'S HAPPENING!

[Anonymous No.863940]

>>863937
Is it? (srs)

[Anonymous No.863941]

>>863915
Well. I think we can expect our markets to open 2-3% down.
Anyway to make money on this at this point?

[Anonymous No.863945]

>>863940
No, its not.
Green text often implies sarcasm, disbelief or ridicule.

[Anonymous No.863951]

>>863941
trade futures
the market is almost always open
fuck having to wait until morning to buy and sell

[Anonymous No.863952]

Smells like /pol/ in here

[Anonymous No.863954]

>>863952
Smells like another fucking boglehead

[Anonymous No.863955]

>>863952
Hello /pol/

[Anonymous No.863957]

It's going to -7%

FUUUUUUUUUUUUUUCK

[Anonymous No.863958]

>>863603
SSE is at 6.88% dropping fast.

as i type this and do the capta it hits 7.0

[Anonymous No.863960]

-247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%) -247.65 (-7.06%)

[Anonymous No.863961]

>>863951
I dont know shit about futures unfortunately.
What do you think about getting on tvix for a few days?

[Anonymous No.863962]

>-7%
Fuck.

[Anonymous No.863964]

>>863954
Nope. Check the IDs
>>863955
Don't try to hide I can smell you fucking Nazis

[Anonymous No.863966]

(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)(-7.05%)

[Anonymous No.863967]

>>863964
>Nazis
>crying this hard on a Mongolian meat recipe trading board

Utter faggot.

[Anonymous No.863969]

But the dip? Guys...?

[Anonymous No.863972]

Where's the best place to start learning this stuff for someone who has no knowledge of stocks/businesses/anything?

[Anonymous No.863973]

>>863961
I normally don't like those kinds of instruments, but go for it.

[Anonymous No.863975]

>>863969
kek, even if you could once you're in you can never leave the chinese market

[Anonymous No.863976]

Anybody have a decent guess where the Dow can find good support? 15,000? 14,000?

[Anonymous No.863979]

>>863976
uncharted territory m8, don't guess the bottom react to the bounce

[Anonymous No.863980]

/biz/ on suicide watch now?

[Anonymous No.863987]

>>863814

Yup.

[Anonymous No.863988]

Luckily I don't have a lot invested I am fairly new. This is interesting to me. My first correction but damn I feel for those who are holding

[Anonymous No.863989]

-7.27 Shanghai

[Anonymous No.863999]

>>863980
Chinks on suicide watch, /biz/ making money either way

[Anonymous No.864001]

>>863980
>suicide watch
>not making a fortune shorting
You are correct

[Anonymous No.864004]

>>863976
we have no idea because of QE most of whats in it now is false paper

[Anonymous No.864005]

WE HAVE STARTED THE FIRE!
WE POORFAGS NOW!
WW3 HAPPENING!

[Anonymous No.864009]

SELL SELL SELL

[Anonymous No.864012]

[Anonymous No.864014]

>>863964
six jillion©, right?

[Anonymous No.864015]

:DDDD

[Anonymous No.864018]

Anyone else short S&P, short oil, and long gold?

I'm busting out the Laphroiag 25, friends.

Glorious.

[Anonymous No.864019]

>>863972
Apply for an internship at J T Marlin

[Anonymous No.864021]

>>864012
>>864015
So how many shares is the Chinese government going to buy at close to hide the numbers?

[Anonymous No.864028]

>>864019
They say money can't buy happiness? Look at the fucking smile on my face. Ear to ear, baby.

[Anonymous No.864029]

>>864018
long gold
what are you think about silver?

[Anonymous No.864030]

>>864018
I'm masturbating to my VIX ETN

>>864021
does it even matter at this point, their market is done

>>864019
KEK

[Anonymous No.864031]

>>864030
What vix etn do you have ?

[Anonymous No.864032]

>>864031
VIXY

[Anonymous No.864035]

>>864029
Commodities in general are all on sale right now. Silver is no exception.

[Anonymous No.864037]

>>863999
how we make money? plz!!

[Anonymous No.864039]

who /nervous/ here

[Anonymous No.864040]

>>864032
Tvix is just a different institution right? Same idea

[Anonymous No.864044]

>>864039
I don't understand any of this.

[Anonymous No.864046]

>>864039
Buy and hold breh

[Anonymous No.864048]

S&P back down even further to -1.25%

>>864040
probably, they all track the VIX a little differently, and decay differently

[Anonymous No.864049]

>>864044
>>864046
Most of my money is with Fidelity and Vanguard, I'm just a retiree, h-hopefully I end up alright

I read that Franklin Templeton has a fuckload of bad debt on its books

[Anonymous No.864051]

>>864044
you're probably just hammered

>captcha
>select all the food
>there's a ham

[Anonymous No.864053]

>>864018
Just sold off my QQQ, double-short Oil and China. Still hanging on to my AAPL for some damn reason.

[Anonymous No.864054]

>>864040
Similar. VIXY goes up or down at more or less the same rate as VIX.
TVIX goes up or down at twice the velocity as VIX.

I think there's a 3x VIX etf out there too for those who just can't get enough VIX action.

This scotch is so damn smooth, man.

[Anonymous No.864056]

Is it too late to get in on dwti first thing tomorrow?

[Anonymous No.864059]

>>864051
Nope. Just don't understand stocks or any of this shit.
You guys are freaking out. That means something isn't right, right?

[Anonymous No.864061]

>>864054
Isn't VIX pretty much a lock tomorrow morning? What's the catch? Seems like everyone would buy it

[Anonymous No.864067]

>>864039
alittle. i've sold options at high premium and i hope they don't go too far out. i'm also going to do a TZA play and i hope it doesn't go the wrong way

[Anonymous No.864070]

BRUTAL

[Anonymous No.864073]

>>864061
because all of it's gains will happen before the market even opens

[Anonymous No.864076]

>>864073
so then you just buy pre-open if you want?

[Anonymous No.864077]

S&P futures down 2.41%

[Anonymous No.864079]

>>864073
Hmm I think the whole next week will be good for vix, but I dont have any real experience with it.

[Anonymous No.864084]

>>864077
less than you're expecting?

[Anonymous No.864086]

>>864053

apple headed to pre-split levels. 90s range.

US markets down huge in premarket.

[Anonymous No.864087]

>>864073
I thought TVIX resets every day, though. So whatever happens inbetween sessions is priced in at open. Am I mistaken? Would buying TVIX at open be a good trade or no?

[Anonymous No.864089]

guys I just woke up someone tell ME WHAT IS HAPPENING?

[Anonymous No.864092]

>>864076
First of all, you can't trade VIX directly. You'll need to trade an ETF based on VIX or VIX options. The options market has no after hours trading and the ETF's will already be trading higher pre-market.

Now all that being said - I STILL think a short term play on volatility would be reasonable. Do your research first, man. Know what you're getting into. VIX shit is tricky as fuck.

[Anonymous No.864094]

>>864089
i dont come on /biz/ for 1 week and then this
god damnit. someone bring me up to speed

[Anonymous No.864096]

>>864094
https://www.google.com/finance?cid=7521596

[Anonymous No.864098]

>>864076
can't

>>864079
It's not a bad bet the way things are going but it decays pretty quick if volatility drops, or even if the market rallies

>>864087
Yes it does, that's why I prefer an unleveraged ETN because you can hold it for a few days without getting too chewed up.

[Anonymous No.864099]

Daily reminder /pol/ is always right

[Anonymous No.864101]

>>864094
Asia is getting sick slapped. Oil is stuck under 40. S&p futures down 2.7%.

I'm going to bed. This shit will have to wait for the morning.

[Anonymous No.864105]

>>864094
>WHAT IS HAPPENING?
IT

[Anonymous No.864106]

>>864098
>an unleveraged ETN
Like VIXY?
Bear with me pls, I'm learning

[Anonymous No.864107]

Man I feel like I should be paying attention to this thread to make a lot of money, but I don't know shit about investing. The closest thing I do to it is put money in my 401k, and I haven't event touched that apart from setting it up and picking a few groups to invest in.

I feel like I'm missing out on something big by not getting involved, but I don't even know where to start.

[Anonymous No.864109]

>>864105
but what is causing IT?

[Anonymous No.864110]

Fucking nips don't have circuit breakers?

[Anonymous No.864111]

>>864109
one of the seven seals being broken..maybe.
I honestly dont know, but this past week every major market had a bad down turn

[Anonymous No.864112]

>>864105
>Dem vix gains
Buying my ticket at opening.
This train has no brakes.

[Anonymous No.864113]

>>864092
i'm not buying vix-stuff i'm just saying if you think some people are profiting pre-open then buy pre-open

[Anonymous No.864114]

>>864109
Markets were overvalued, due for a correction. People are nervous about China bleeding out.

[Anonymous No.864115]

jesus. i just can't figure out if i should sellall tomorrow or not. I have an order in to do that but I am trying to find a good reason to cancel.

if it goes lower I am gonna kick myself for not pulling out now and then re-investing in the dip

if i do pull out now and it goes back up I loose 1,500 + whatever taxes I'll get hit with.... ugh.

Guess I will just sell and wait and see?

[Anonymous No.864116]

>>864109
you touching yourself at night

[Anonymous No.864117]

>>864106
yes, or most of the other ones too. I just like VIXY cause VXX usually decay's worse and has weird tracking errors, it's more of a market inverse really

[Anonymous No.864121]

What are the chances of Great Depression 2.0 "No jobs here" boogaloo?

[Anonymous No.864122]

>>864115
Are you stupid? Re-invest and check back tues-thurs to fully sell off

[Anonymous No.864124]

>>864107
No stay the fuck out, every trader ever probably lost money their first crisis

[Anonymous No.864125]

10y just went under 2% it's fucking happening.

[Anonymous No.864126]

All of a sudden my position on a skeleton crew for a 24/7 tech support team seems quite nice.

[Anonymous No.864128]

>>864121
>What are the chances of Great Depression 2.0
>"No jobs here" boogaloo
this?

[Anonymous No.864131]

>>864122
why wait until thurs?

[Anonymous No.864135]

>>864121

Pretty slim as long as the Fed stays the fuck out this time and obongo doesn't go full retard

[Anonymous No.864137]

Is it too late to short oil or will it be in freefall tomorrow?

[Anonymous No.864138]

>>864121
i think this article gives a good breakdown of the possibilities.
http://www.usatoday.com/story/money/markets/2015/08/21/how-low-can-market-go/32116413/

[Anonymous No.864139]

>>864109
Fear and greed
>>864107
There's always a shitload of starter book threads here on /biz/, man. Pay attention.
>>864115
Stocks appear to be doomed from the looks of things. I'm not long anything except gold right now, but it I were long any stocks whatsoever, I would sell.

[Anonymous No.864141]

>>864131
No tues- thurs keep your eye out on how the situation is going to play out, I don't know what will happen just get stuff you can sell off very quickly.

[Anonymous No.864143]

>>864135
Your prediction on obongos ability to not be stupid?

[Anonymous No.864144]

>>864131
You know how people make random geo-political predictions on /pol/?
The same thing happens on /biz/

[Anonymous No.864149]

>>864144
yeah I think I am just gonna eat the loss of all the past year's gains and walk away up if I can. Whatever I am leaving my sell all order in...

[Anonymous No.864150]

I still don't see how oil can be below $40 a barrel. It makes no sense. I know the market is irrational, but come on.

[Anonymous No.864154]

>>864150
Why doesn't it make sense?

[Anonymous No.864155]

>>864149
a year isn't a long time in the grand scheme of things

>>864150
what's your thinking?

[Anonymous No.864157]

>>864143

Pretty bad.

Thankfully, he's already got his hands full with the continuing health care debacle and immigration reform. Any kind of economic stimulus or sweeping reform would never get through a split Congress in 12 months.

Obongo is out the door next November. That limits the amount of mayhem he can cause.

[Anonymous No.864159]

>>864150
Well its 39.50 right now. Global demand is down, driving prices down since nobody wants to turn down their tap. I like it at 25.

[Anonymous No.864162]

>>864150
US shale oil is fucking everyones shit up

[Anonymous No.864165]

>>864150

There is an oil glut. Demand is down.
Basic economics.

[Anonymous No.864167]

When I was a kid we had a school shooter and sitting under my desk holding onto my knees I felt the same excitement I feel now. I've been waiting for this.

[Anonymous No.864168]

>>864135
Jesus would you /pol/tards get the fuck out of here? If the financial markets froze to liquidity log jams, you faggots would be begging for that fed intervention.

[Anonymous No.864170]

to incite fear all of us should
Google the following:
Market Crash
Market Crash China
Sell stocks
dump stocks
sell all stocks
sell all stocks quickly
sell stocks fast
pump and dump
China freefall
China market freefall

[Anonymous No.864177]

>>864168
Don't you have some children to molest Chaim?

[Anonymous No.864179]

>>864170
please don't post this at /pol/

[Anonymous No.864180]

SSE down over 8.5% and still falling. It's kind of happening.
>>864150
Shale outstripped demand.

[Anonymous No.864181]

who will stop this waterfall!!

[Anonymous No.864183]

>>864170
Ok I could deal with the few people from /pol/ asking for basic advice, get the fuck out of here with that shit

[Anonymous No.864184]

>>864162
The sand niggers will lose this battle!

[Anonymous No.864187]

>>864053

apple is fucking up the dow average.

[Anonymous No.864188]

>>864179
someone beat me too it :^)

COME ON GANG, LETS CRASH THE WORLD
EVERYONE SELL EVERYTHING LETS DO IT
LETS GET SOME BANK RUNS GOING BITCHES

[Anonymous No.864192]

>>863730
Yeah there's been a minor bullish trend lately, nothing strong enough to overpower the longer bearish trend, though. Once it popped to 1.13 I got out because it was clear it wanted to head higher. US GDP numbers are Thursday so that might kill the up trend, especially once people realize USD is going to be a safe haven, not the fucking euro.

[Anonymous No.864193]

>>864170
please tell me people don't trade on google search trends

[Anonymous No.864197]

>>864193
Robots use it as one of their considerations, but combined with a 8% drop it would probably mess with an algorithm.

[Anonymous No.864199]

>>864193
Some big bank's algorithms do though. At least according to /b/

[Anonymous No.864200]

>>864115
A long term algorithm I'm working on is currently short the SP500 and will be until at least early October.

[Anonymous No.864205]

SSE CLOSED N225 OPEN AGAIN

[Anonymous No.864212]

I'm an idiot, can someone lost the index indicators (dow, n225, etc.) for China, Aus, Ger, UK?

I don't even know what term to use for google.

[Gawd No.864214]

http://youtu.be/BHXKlNP4-Aw

[Anonymous No.864391]

>>864200
great. thanks for the input. I am leaving my sell order in.

[Anonymous No.864403]

>>863603
so chine goes 9% down

china own some usa debt

does that mean usa is going down down down?

[Anonymous No.864414]

Okay, I'm an entry-level investory with a lazy investor-style portfolio.

What does all of this mean for me?

[Anonymous No.864417]

>>864414
Just like me. We wait and get the cheapest price possible. Forget about it for 2-3 years then see gains

[We are in a bubble No.864426]

>Dow futures: -440.00 (-2.67%)

Captcha: sandwiches

[Anonymous No.864885]

S&P down 4% a minute ago m8s
Gold doing nothing (get fucked doomsday faggots)
Crude Oil down almost 4%

[Anonymous No.864908]

>>863603
>Get your monday game plan ready, /biz/
1. Sell everything
2. Hold physical gold
3. Get a real job, like, a baker or a waitor

[Anonymous No.864918]

DAX -4,8%.

Its truly happening. Today will be remembered as the black monday that started the great market crash of 2015.


And just a question for those of you who actually know stuff:
In 2008 they lowered interest rates from >4% to ~0% to calm the markets. What the fuck are they going to do this time?

[Anonymous No.864927]

>>864918
they always have a plan
economists have known this was coming for a while,
my jewish investment lecturer hinted at it 4 months ago.

the thing is reserve banks like to remain conspicuous so that nobody can make a profit out of their actions on purpose, economists at investment banks are usually pretty moral and just like that.

[Anonymous No.864929]

>>864927

I would have thought the only thing they can really do now is QE to the max.

[Anonymous No.864930]

>>864414
>>864417
Just put all your money in $TLT for the next few weeks if you're lazy.

If you're not lazy, learn how to take advantage of the high vol and sell call spreads until the selloff ends.

[Anonymous No.864931]

>>864918

Negative interest rates

[Anonymous No.864939]

>>863603
what do you guys think about spxs?

[Anonymous No.864941]

>>864908
Go to bed Ron Paul

[Anonymous No.864946]

>>864908
gold has already been way over bought, it hasn't done

I love how all of a sudden everyone is going on tv saying we should have raised interest rates and implemented fiscal policy already, where were these faggots a few weeks ago, we've been saying this literally for ever

[Anonymous No.864948]

>>864929
us government can also increase spending even further, increasing the deficit.

check out keynesian economics, it essentially has a similar effect to reducing interest rates

im not sure if how much higher they can/will go though, I actually have an assignment due on it in about a month for my intermediate macro economics course. ill probably post here about it once i get a bit of an idea.

[Anonymous No.864949]

>>864946
hasn't done anything*

[Anonymous No.864957]

>>864948
Freshman please go. Adults are talking about money :^)

[Anonymous No.864963]

>>864948
Please leave Krugman.

[Anonymous No.864964]

>>864939
a big yes from me

[Anonymous No.864965]

>>864918
NIRP, then convert to a cashless society. Govt will know every cent you spend for maximum taxes and oversight.

[Anonymous No.864967]

>>864957
>>864963
>le funny graduated meme

[Anonymous No.864968]

But bros, what do I BUY

[Anonymous No.864970]

NASDAQ futures suspended
Intraday Margin trading being suspended across brokers

[Anonymous No.864973]

>>864968
see
>>864930

[Anonymous No.864974]

>>864968

PUT EVERYTHING INTO GOLD AND SILVER.

DO IT NOW FAGGOT.

[Anonymous No.864976]

lol

[Anonymous No.864979]

They're already hitting the circuit breakers before it even opens.

Hilarious

[Anonymous No.864980]

>>864965
Can the us actually pull this off? I think there'd be far too much backlash, to the point of non-cooperation. the economy would get cut in half, half of which would go underground, no?

[Anonymous No.864981]

It's gonna be a rough day boys

[Anonymous No.864982]

>>864941
I guess you don't want to get a real job.

[Anonymous No.864983]

>>864979
>>864976
>>864970
Top kek it hasn't even started yet

DOW futures -610 now

No brakes on the rape train

[Anonymous No.864985]

https://www.youtube.com/watch?v=A_sY2rjxq6M

[Anonymous No.864986]

Anyone watching CNBC?
Jim Cramer sounds like he's about to cry

[Anonymous No.864987]

>>864918
it wasn't just to calm the markets retard it was for the whole economy that was about to fall apart

this is a big stock market crash, nothing more

you can start worrying when there are things to worry about

the fed will hold off their rate increase, hopefully for another few years as they should

[Anonymous No.864989]

who is UVXY here?

[Anonymous No.864991]

>>864986
Jim Cramer on absolute damage control holy kek

[Anonymous No.864992]

>>864986
ehhh I don't hear it

And I know what Jim Cramer almost crying sounds like, I watched the Daily Show interview all those years ago.

[Anonymous No.865005]

>>864967
Go back to reddit faggot

[Anonymous No.865007]

dow futures implied open at -800
Wow.

[Anonymous No.865009]

>>864986
B-But T-Tim Cook says iPhone sales are g-great in China ... r-right g-guys?

[Anonymous No.865012]

>>865007
We could see -1000 today

[Anonymous No.865016]

>>863699
>S&P
https://www.google.ca/finance?cid=626307

[Anonymous No.865018]

S&P down 5.18%, I might not even go to work today

[Anonymous No.865020]

so how bad is this going to be is it happening?

[Anonymous No.865024]

>>864989
Just looked into it and if you are, godspeed.

[Anonymous No.865025]

>>865018
get to work tieing that noose

[Anonymous No.865027]

The price of gold has gone up over $5 in 20 minutes. That seems pretty insane to me.

[Anonymous No.865038]

>>865020
this the beginning of the last crash
They have thrown everything they had at it over the last 10 years.

There is nothing left the feds can do.

[Anonymous No.865039]

>>865020
I doubt there's gonna be many real life implications, the average person won't care that much.
But damn traders are gonna be jumping out of windows

[Anonymous No.865044]

Guys, VIIX? Is it a stupid as fuck idea?

[Anonymous No.865045]

This is it boys. This is the beginning of the new crash.

Remember this day boys. Remember this days.

[Anonymous No.865046]

5 minute warning!!!

[Anonymous No.865048]

Is there a tl;dr of what is going on exactly? Is this just because the fed and the interest rate, or is there something else?

[Anonymous No.865049]

>>865045

Also remember the retards who thought it was nothing last week and bought DOW Jones 30,000.

[Anonymous No.865050]

>>865048
global slow down lead by China.

[Anonymous No.865051]

>>865048
China torpedoing the world markets

[Anonymous No.865052]

>>865048
THE FEDS BUBBLE IS BURSTING ITS FUCKING OVER

[Anonymous No.865053]

>>865048
tl;dr Asian market correction tbh

[Anonymous No.865055]

>>865048
>>865050
0% rates for 7 years arent helping.

[Anonymous No.865057]

Holy fuck I'll be buying UA, I sold last week at 100, they're at 80

[Anonymous No.865058]

>>865048
China is dead in the water. Affects the whole world. Fed & ECB can't do shit against this downturn.

[Anonymous No.865061]

>>865039
how so merica is in so much debt everything is crashing china and russia are also fucked


isn't this how wars start to usurp power

[Anonymous No.865062]

Why would stocks that have virtually 0 exposure to outside of Australia be affected by China's fucking up.

Company produces everything in Australia and sells nearly everything australia (it's food)
Wouldn't that be good for that company as Chinese canned competitors are fucked???

[Anonymous No.865063]

>>865052
OH MY GOOOOOOOD

[Anonymous No.865065]

Fucking Jim Cramer is going to have an aneurysm on tv. What a shill.

[Anonymous No.865069]

>NASDAQ down 8.5%

Am I reading this right?

[Anonymous No.865071]

>>865065
He's honestly not acting much different than he does every day tho

[Anonymous No.865073]

>>865069
yup

-8.42%

[Anonymous No.865078]

Black Monday 2.0

[Anonymous No.865079]

-10% boys

[Anonymous No.865080]

>>865061
banks aren't gonna go bankrupt or anything like in 2008, everyone saw this coming, no liquidity crisis

[Anonymous No.865082]

Down 1000 ... I saw it.

[Anonymous No.865085]

Fuck this
I have time to recover
I'm not even gonna sell my sp500 etfs, this is just too much money lost

[Anonymous No.865086]

ENTIRE MARKET HALT SOON

[Anonymous No.865091]

welp, bought VIIX. Wish me luck.

[Anonymous No.865092]

>I gotta make some phone calls
CNBC guy in panic he just got wiped out lol

[Anonymous No.865093]

Markets open, my entire portfolio is up 10% and I'm only using 1/4 of my buying power

[Anonymous No.865094]

Haha Kramer is such a shill

>well if you look at Verizon's low.... well we are at verizon's low

[Anonymous No.865098]

mfw TSLA down 15%

[Anonymous No.865099]

[Anonymous No.865101]

>>865093
everything is going up from pre market

it was a fucking setup

[Anonymous No.865104]

>>865098
Tesla should be down 95% because its fucking worthless

[Anonymous No.865105]

>>865101
pretty sure the bull trap is on the way...

[Anonymous No.865111]

[Anonymous No.865113]

>>865105
Nah, everything is fixed now goyim

[Anonymous No.865116]

>fucking everything going up

Should've bought

FUCK

[Anonymous No.865119]

>>864135
>as long as the Fed stays the fuck out
Are you retarded?

There is no support structures except fed dumping liquidity into the equities market. If the fed doesn't interfere you are looking at a second great depression. They will do what they always do and flood the banks with free money to try to reverse this.

[Anonymous No.865122]

GUYS WHY DID THIS HAPPEN

WHY IS EVERY MARKET AROUND THE WORLD CRASHING

[Anonymous No.865123]

>>865116
wtf my broker is completely frozen, none of my orders going through

[Anonymous No.865124]

>>865122
China's economy is way worse than we thought, which leads to slowdown for everyone.

>>865123
Huge volume, this is expected.

[Anonymous No.865125]

And as we speak in this very second the Federal Reserve is pumping 5 Trillion dollars into every stock they can find.
Up 350 points already from -1050 to -700

[Anonymous No.865128]

>>865124
no it was the actual platform, I reset my router

[Anonymous No.865131]

>>865122
you know why
>>865123
they're about to drink the kool aid thats why

[Anonymous No.865132]

>>865091
good luck

[Anonymous No.865133]

>>865125
Post yfw it still drops below 1000

[Anonymous No.865134]

Alright we're back at -500 boys. Everything's back on track, everyone can go home. Panic is over.

[Anonymous No.865135]

DOW up to 3.33

Feds doing all they can

[Anonymous No.865138]

So how does the stock plummet affect someone like me who has no money invested in the market what so-ever? Will there be riots because of this?

[Anonymous No.865139]

>>865138
no it won't change anything

[Anonymous No.865143]

>>865138
no, not for another few decades. you will just have a continued lower standard of living and the middle class will continue to shrink as wealth disparity grows even larger

[Anonymous No.865145]

Up 550 points from -1050 to -500

Fed wins again

[Anonymous No.865150]

>TD ameritrade app stopped working 10 minutes ago
>will never know what my shit is at
Maybe I'm better off

[Anonymous No.865152]

DOWN DOWN DOWN

[Anonymous No.865154]

>>865150
Lol call them in

[Anonymous No.865157]

BUY BUY BUY

[Anonymous No.865159]

>>865150
Scottrade app not working either

[Anonymous No.865163]

>>50276874
http://www.stream2watch.co/live-tv/us/cnbc-live-stream

D A M A G E C O N T R O L
A
M
A
G
E

C
O
N
T
R
O
L

They already talking about circuit breakers

[Anonymous No.865164]

Is this a good time to buy randomly? I've got cash to burn.

[Anonymous No.865165]

>>865159
>>865150
top kek you guys are fucked

we're now officially 2013 levels

[Anonymous No.865168]

Bull trap was set

[Anonymous No.865169]

>back at 800

Keep pumping guys.

[Anonymous No.865171]

>>865164
Very high volatility, things can turn in a matter of minutes. If you don't know what you're doing it's a bad time to get into the market.

[Anonymous No.865172]

>>865048
IT'S HAPPENNIIIIIIIIIIIIIIIIIIIIIII

[Anonymous No.865174]

why has silver dropped and gold is going up?

[Anonymous No.865178]

>>865164
Just buy $TLT, man.
It's the only safe bet right now.

[Anonymous No.865180]

>>865174
margin calls

[Anonymous No.865192]

>Kramer shilling this hard
>nothing is wrong with the US economy
>im-fucking-plying

[Anonymous No.865197]

>>865180
please explain , im stupid.

[Anonymous No.865199]

>>865197
when you owe your broke money stuff gets sold off

but I still don't see why silver would be going down and not up

[Anonymous No.865218]

>>865192
that little faggot

[Anonymous No.865239]

DOW back at -2.83%

We're going to be okay.

[Anonymous No.865253]

>>864200
I'm new to futures trading and I am interested in learning how to write and implement algorithms. can you give me any pointers? (basic or advanced, w/e!)

[Anonymous No.865262]

>>865253
Not the guy, but from his screenshot he is using Quantopian.
A Python based Algo portal.

You can easily backtest from 2002 with minute data from hundreds of stocks etc.

Check:
https://www.quantopian.com/
I know some python and started watching the lecture this weekend:
https://www.quantopian.com/lectures

They have a lot of algos you can just clone and learn from. But you need to know python and invest some time.

[Anonymous No.865275]

>>865253
Multicharts for me is easy and user friendly

[Anonymous No.865345]

>>864200
To me it's still incredible that a program can make such returns completely automated. It's nuts when you think about it.

[Anonymous No.865907]

Bull Trap was set ... here we go again

[Anonymous No.866074]

most of my money is in the bank (I'm saving for a house). Is the value of my savings about to be eroded? Or are house prices about to crash?