/biz/ - Business & Finance

[Anonymous No.869950]

Who sold their stocks 2 to 4 days ago to cut their losses due to fear and panic and now are regretting their decision?

Let me see a show of hands.

[Anonymous No.869954]

I did. Invested 24k the past few years, cashed out with 21k. Oh well, im not meant to be trading. Maybe I will get back in on the next big crash.

[Anonymous No.869961]

>>869950
I can hear the collective butthurt of all the shortfucks, it sounds like "shemitah"

[Anonymous No.869964]

>>869954
like nigger why would you sell. Worst case scenario you just have to hold until the market gets back on track.

[Anonymous No.869970]

>>869964
Got sick of it going up and then going down over and over. Just stress I don't want anymore.

[Anonymous No.869981]

>>869950
I cut thursday and went short
looking to go long tomorrow
we're on the way back up m8s

[Anonymous No.869984]

>>869950
currently down 20% but still held on. First earnings report next month, crossing fingers.

[Anonymous No.869987]

What happened to all the doom preachers and shortfags bullying avarage joe with a portfolio in every comment section and thread?

[Anonymous No.869996]

>>869984
How are you down 20%? What did you invest in?

I held and I am down less than 7%. I bought in this year too

[Anonymous No.870002]

>>869987
they went back to /pol/

[Anonymous No.870003]

I kept pumping money in every day to cost avg my dollar, figuring it would rebound shortly, guess I was right.

[Anonymous No.870006]

>>869970
>>869954
it's still going all the way down. Buy when the S&P is around 1500-1600 then just hold forever

[Anonymous No.870007]

>>869984
>down 20%
you beat the market lol

[Anonymous No.870009]

>>870006
Historic P/E ratios would say we're going down to 1700/1750. Probably see another severe selloff friday

[Anonymous No.870011]

>>869987
Now they are probably claiming they went long at the bottom

[Anonymous No.870014]

dead cat bounce

[Anonymous No.870019]

transferred 3k to Scottrade Monday afternoon and picked up a few sales yesterday and today

ive got a six figure check coming mid to late September, hope I can still pick up at sale prices

[Anonymous No.870022]

>>869950
i haven't sold anything in the past 2-4 days, but i sold some straddles over the last month i'm kinda regretting

[Anonymous No.870024]

please remember to hold on no matter how much you lose USA USA USA

[Anonymous No.870026]

>>869954
cheer up emo kid
http://awealthofcommonsense.com/worlds-worst-market-timer/

[Pizza Fund Manager !!n1HP3TUF4Ba No.870031]

>>869950
You could've listened. Instead, you chose to dig your own graves.

[Anonymous No.870033]

habbeningfags are still claiming its going to happen tommorrow even though they got btfo
there is always some upcoming doom with /pol/

[Anonymous No.870038]

>>869950

i sold all my stocks back at dow 18,000.

not regretting it one bit.. and not being a sucker and buying back in yet either.

I'll buy back in when the companies start improving their forward guidance.. this will likely be months from now.

when forward guidance drops (like it has been for the last 6 months) and p/e is already high (see pic related) this makes average market p/e even worse and causes everyone to realize the market is overvalued.

all we needed was a catalyst. (thank you china)

today is not the beginning of an uptrend.

this is what we call a dead cat bounce.


the recovery in stock prices has not begun, because the fall in prices has only just begun.

this will not recover until forward guidance trends higher.

[Anonymous No.870044]

>tfw I bought when they bottomed out on the 24th and I have now made over 20k

[Anonymous No.870046]

>>870038
>this is what we call a dead cat bounce.

who the fuck is we? you fucker sold out, and lost, no need to legitimize your shit decision through some bullshit analogy.

[Anonymous No.870047]

>>870009
this !!

[Anonymous No.870049]

>>869950
>buy high sell low

classic /biz/

[Anonymous No.870054]

BAHHAHAHAHAHA

/biz/ retards BTFO'd


Relief Descends on U.S. Stock Market With Best Rally Since 2011

http://www.bloomberg.com/news/articles/2015-08-25/u-s-stock-index-futures-slide-after-s-p-500-rebound-evaporates

[Anonymous No.870055]

>>869950
Guys does anyone have information on when its expected the US central bank to increase the interest so the dollar bumps the value compared to the euro?

I feel that now is the time to buy dollars and make some profit

[Anonymous No.870063]

>>870038
>that denial
you can only damage control for so long fag

[Anonymous No.870064]

>>870055
My dad is the federal reserve. He said they are gonna do surprise interest rate raise to 2% on September 13

[Anonymous No.870069]

>>870064
>pulling out my dad works for Nintendo joke
Thank you oh great oldfag,very deep.

[Anonymous No.870070]

>>870055
October

[Anonymous No.870071]

>>870019
>still
september is just the beginning

[Anonymous No.870074]

>>870055
>>870069
I'm reporting you to the FBI for trying to trade on insider information

[Anonymous No.870075]

>>870055
>increase the interest so the dollar bumps the value compared to the euro?
wait what influence would a rate hike have on the EUR/USD and why?

[Anonymous No.870080]

>>870075
US interest rates go up

then

US dollar is worth more

then

You get more Euros per Dollar

Also known as less Dollars per Euro

[Anonymous No.870098]

>>870070
Thanks anon.

[Anonymous No.870167]

>>869950
>told everyone to hold and then you'll make money
>everyone else is like sell, sell, sell
>mfw

[Anonymous No.870178]

>>869950
Stocks go back up
Fed continues with rate hike
Stocks go back down again

Do you even think you dumb fuck

[Anonymous No.870179]

>>870031
How can u not see that a short squeeze, is just that, a short squeeze in a beginning bear. You agree right? I'm only talkig to you because you were right about the ss but this is multi-month phenomenon we got and technically we blew the shit out of support levels. Who is left to buy? Who still is on the sidelines?

[Anonymous No.870282]

>all this buy high, sell low

infallible/biz/ strategy

[Anonymous No.870302]

>>869950
I just buy the dips.

Bought a couple more shares of $goog

I guess that's the advantage of being young with liquidity.

[Anonymous No.870322]

>1984+16+15
>not knowing what the Federal Reserve plunge protection team is

[Anonymous No.870344]

>>869970
don't daytrade or even watch the stocks all day. Shit son, no one can predict that shit and you'll never win. Just buy solid stocks, watch the news and get paid dividends whilst they grow. Don't be a retard and buy/sell at the slightest market movement. Such shithouse logic, even with the most modest brokerage fees.

[Anonymous No.870348]

>>870322
>>1984+16+15
what are you a common core kid

[Anonymous No.870357]

>>870348
this, wtf

[Anonymous No.870359]

Probably a dead cat bounce.

[Anonymous No.870360]

>>870348
Nothing wrong with common core tbh
If you weren't mentally doing all the stuff in common core which people bitch about anyways as a kid, then you were simply not the brightest kid. And that adults struggle with common core shit just shows how pitifully bad americans are at math. Common core just teaches what the clever kids were doing all along to the rest. In execution I imagine it fucking sucks, since most teachers suck, though.

[Anonymous No.870402]

>>869950
I lost 73k since Monday. I put in a late sell order and got ass raped today.

>sell high right /biz/ :^|

[Anonymous No.870406]

>>870348
>1984 + 16 + 15 = 2015.
Is this too hard for you?

[Anonymous No.870408]

>>870402
Good goyim, sell low buy high. This is the trusted investor tactic.

[Anonymous No.870413]

>>870408
I'm actually a Jew. A bad one though

[Anonymous No.870416]

>>870007
U being smart with me boy?

[Anonymous No.870417]

>>870402
classic

[Anonymous No.870421]

>>870360
It has openly been admitted that it's designed to bring minority test scores up, it panders to the lowest common denominator while dragging the smart kids down to their level
Common core is absolute bullshit

[Anonymous No.870422]

No I bought yesterday.

Why would I sell low

[Anonymous No.870431]

>>870402
jesus, why fuck with that much money when you obviously have no trading experience

[Anonymous No.870434]

>>870431
trust fund jewbie baby

I put my bar mitzvah money in a CD. It's around 1% for 10 years.

[Anonymous No.870477]

>>870421
>It has openly been admitted that it's designed to bring minority test scores up
Where and by who, and can you provide a source?
It's hard to believe "smart" kids would have trouble following common core.

[Anonymous No.870491]

Still holding, new to the game but I know to act against intuition.

[Anonymous No.870503]

>>870406
Lol. Holy fuck Americans are stupid.

[Anonymous No.870509]

I got xom during the spill. 61$ i sold at 70$ made money but i should have left when buffett left.
Profit:2k instead of 5k.

[Anonymous No.870521]

Should I buy? It's down 48% in one year.

Oil couldn't possibly drop lower =^}

[Anonymous No.870551]

>>870044
smart. I thought the crash was a perfect time to buy intel, amazon goog and AAPL.
if only I had money I would have already made money on intel and AAPL just this week

[Anonymous No.870661]

>>869950
I didn't place any orders to sell but I go stopped out on most of my portfolio. Oh well nothing wrong with locking in gains and reducing your risk a little. Now I have a pretty decent chunk of cash when I see something I like. Not jumping right back in either though

[Anonymous No.870664]

>>869950
I thought the first rule was to double down when shit like this happens?

It's a cycle. In fact, no one here should be checking their portfolio that frequently.

[Anonymous No.870668]

>>870521
do your research
hint: iran / sanctions

[Anonymous No.870678]

>>870664

Unless you're day trading.

[Anonymous No.870681]

>>870664
>double down at the first sign of a dramatic drop from the peak
Yeah we sure are making gains from this little drop in the longterm :^)))

I pulled out a lot of my portfolio early Friday before the losses, I have no interest in putting shit back in this week. A drop like this is something for traders to play with, there's literally nothing good about it for investors looking to grow over the next couple of years.
Best case scenario for me is a true 08 style market crash, but sadly that probably won't happen this week or even month

[Anonymous No.870738]

>>870503
You do understand 16 + 15 is 31? I get the feeling you're thinking 1984 was 21 years ago. If so, then you're the retard.

[Anonymous No.870745]

>>870009
you have to compared to other investment alternatives at the moment when making that kind of analysis. bonds dont yield and may go down do to easing. p/e in china is stretched comparatively. and gold markets have been in a down trend for years. where else are you gunna make money?
The only problem this market is having is with massive positions in ETFs, we saw that monday or tuesday at the open. indiscriminate billionaires taking profits after a huge 5 year move. it will be short lasting. buy everything in site. especially low material cost names. Airlines and Housing. I thing WMT would do well in this environment with currency and all their shit coming from china

[Anonymous No.870752]

>>870668
i think the death nail was about a month ago when the saudis sold 27 billion dollar worth of bonds.

[Anonymous No.870756]

>>870521
you should buy. i think im getting into slb

[Anonymous No.870763]

>>870360
this

>>870421
Common core was designed to make math more intuitive, you stupid shit. Unless you have a room temperature IQ you would've understood that. Making math more intuitive for children helps to better their thinking abilities and also their understanding of math. It will feel more natural as opposed to doing mental tricks you've been mindlessly practicing and remembering like a one trick pony, fag.

Sure it looks like more of a clusterfuck on paper when compared with the old system, but that's because the old system was all just a bunch of shortcuts in a marathon designed to save time at the expense of understanding for you to be a successful office drone. Of course by taking shortcuts at every turn you'll finish the marathon faster, but then what's the point? You're making less progress overall. Now that we've freed our minds from being mindless calculators we can focus on bettering our comprehension and thus making progress.

[Anonymous No.870766]

>>870763
>Common core was designed to make math more intuitive, you stupid shit. Unless you have a room temperature IQ you would've understood that. Making math more intuitive for children helps to better their thinking abilities and also their understanding of math. It will feel more natural as opposed to doing mental tricks you've been mindlessly practicing and remembering like a one trick pony, fag.
>Sure it looks like more of a clusterfuck on paper when compared with the old system, but that's because the old system was all just a bunch of shortcuts in a marathon designed to save time at the expense of understanding for you to be a successful office drone. Of course by taking shortcuts at every turn you'll finish the marathon faster, but then what's the point? You're making less progress overall. Now that we've freed our minds from being mindless calculators we can focus on bettering our comprehension and thus making progress.
tl;dr
We're preparing kids how to do proofs, instead of being calculators.

[Anonymous No.870770]

Man a market crash is like a store putting a bunch of shit on sale. Buy like fucking crazy when she crashes

[Anonymous No.870771]

>>870766
>>870763
While I get where you're coming from, I'm aware of two individuals who were great at math who were basically as you say, calculators.
Feynman was on an algebra team where they would compete to do algebra problems real fast as a kid, swapping tricks to get better and such - Nobel prize in physics.
Perelman won some math olympics shit and was Ruskie so obviously had math drilled into him also, solved a Millennium Prize problem and won $1m, also a Fields medal but turned both down.

Being able to calculate shit is useful, Feynman could do cube-roots faster than an abacus dude mentally.
Problem is it's hard to encourage kids to sit down and fucking do the work, and I imagine this is only getting harder with the multitude distractions marketed at them.

[Anonymous No.870787]

>>870752
Harold Hamm called OPEC "toothless tigers" a year ago. Andy Hall, who recently lost $500 million, thinking a bottom in oil was in, said essentially the the same thing for the last 12 months. They both believed the Saudis need over $100/bbl to "maintain social programs". Basically saying the only way the Saudis can get monies is to cut production and let prices go higher in response.

But the Saudis have about $600 billion in "reserve" cash and instead of using their "savings" (the reserves) the FUCKED the long price bettors and have gone to the debt markets (borrowing monies) to meet their dollar demands.

That is why the CME has a market for $10.50/bbl December strike price. Saudis don't need to cut production to get more monies for their oil.

[Anonymous No.870789]

Looks like another rally boys

[Anonymous No.870836]

>>870789

Just volatility, most of the all-time highest daily gains recorded were in the middle of the 2008 crash. I'm still betting on an overall downward trend to continue. Perhaps not as steep as the last few days, but in line with what we've been seeing for the last few months.

[Anonymous No.870850]

>>869954
buy at the bottom of this bullshit, but be patient and go for the longterm

That $3K you lost was worth it if you learned a lot about trading and investing

[Anonymous No.870854]

>>869950
ever since the end of QE3 the market has been slowly but surely going down.

[Anonymous No.870858]

>>870771
Of course the geniuses knew all the tricks there were. They weren't struggling with the basics and with understanding the concepts. But you can't base the whole education of the populace on what the geniuses know and do. That's like assuming that since a good historian knows a lot of dates and obscure facts, this is what the history class should teach instead of main events and core principles that drove them. That's just going to clutter the minds with a lot of shit that's going to be useless anyway.

[Anonymous No.870883]

>>869987
They lied

[Anonymous No.870888]

What do you think of the chinese stock index? What caused the huge rocket? despite starting a little high, the course was on its way down all the time until it dipped negative and rocketed up 5% with huge confidence.

[Anonymous No.870941]

>>870888

The government ordered a bunch of state-owned companies to buy big.

[Anonymous No.870950]

>mfw this thread

[Anonymous No.870954]

>>869970
Then don't look at your balances

[Anonymous No.870957]

>>870491
Good man. Hold, hold.

[Anonymous No.870968]

>>870009
Historic P/E ratios are a terrible guide at best.

Historic P/E ratios didnt factor in 1.95% yields on 10 year treasuries, or emerging markets which are now tanking.

There is/will be a global capital flight to the U.S., which, among other things, will support our equity markets

[Anonymous No.871024]

get ready for total market melt down

[Anonymous No.871050]

>>870957
There's an old market adage that says "it's stupid to hold when your dog is taking a leak"

[Anonymous No.871056]

invest in cambells soup

[Anonymous No.871063]

>>869950
is the happening cancelled?

[Anonymous No.871077]

>>871056
>>871056
>as if people rich enough to buy stocks are going to change their eating habits and buy poor people food
>knows nothing about stock market >>871024
>gives market advice on japanese anime image board
>thinks he's pro

[Anonymous No.871093]

>/pol/ predicts crash in September, preceded by smaller falls/recoveries
>small fall happens last week/early this week
>/pol/ predicts it will recover, with big crash happening September
>recovery happens, just as /pol/ predicted
>/biz/ screams /pol/ was wrong

all of my wat

Personally, I cashed out last week, which in hindsight I should have done months ago when the S&P was over 2100. But no one's perfect, and I still more than doubled my initial investment from 2011.

If the S&P closes out the year over 2050, it will be a positive year and at that point you have permission to call /pol/ wrong. At this point, /pol/ still seems to be on the money.

[Anonymous No.871125]

>>871093
/pol/ack here. Talked to my broker when I heard about "Black Monday". Going to invest at the lowest.

Fuck all the rapture/end of the world/CERN shit. When the loonies talk prices go down, if loonies invested their prep money into stocks becuase they know when it would crash then they would be millionares.

[Anonymous No.871137]

>>870787

The Saudis are also now massively slashing their next year's budget in preparation for the loss in funds, which isn't going to help stability in that country.

[Anonymous No.871146]

>>871093

/pol/ predicts a crash every September and had no mention of preceding action...not saying it couldn't happen especially because a rate hike will likely catch people by surprise if it happens, but I'd like to refer you to the /pol/ ebola timeline if you still have it lying around

WE'RE RIGHT ON TRACK MAN

[Anonymous No.871154]

It did last time back in 2008 McDonalds stock went up too

[Anonymous No.871162]

>mfw people listened to /pol/ and sold the dip

[Anonymous No.871164]

>taking life advice from /pol/
you're literally talking to these people

[Anonymous No.871167]

>>871146
Not every september and not really /pol/. Mainly heard about it through Flat Earth society and others, /pol/ said it too but /pol/ really is just a news board that gets content from other places and analyzes it.

>DA TETRAN BLOODMOON YIDDISH PROPHECY OOGA BOOGA SCARY

Can't wait for them sweet stock crashes, pls sell stocks for sway.

[Anonymous No.872114]

More than just a dead cat bounce. It's all green. Anyone who sold at the bottom suicidal yet?

[Anonymous No.872138]

>>871162

should be a /biz/ sticky: buy high sell low

[Anonymous No.872214]

>>870063
HMMMMMMM

[Anonymous No.872271]

Who here invested in Enquest?

[Anonymous No.872309]

[Anonymous No.872315]

[Anonymous No.872334]

>>872214
Today its called China Bubble.
People should have known that its all forced smoke and mirrors.

[Anonymous No.872337]

I was down 10+% at one point and I didn't sell. You faggots are pussies tbh.

Only thing I was considering was switching from my portfolio to all in on leveraged oil. Would have made 30% with this bounce but I'm not sure oil is bottomed yet so I think I made the smart play, even if I didn't make big money off the fluctuation.

[Anonymous No.872339]

>>872214
If you held through all of that you still made 20% a year non real returns... What's your point? You want to be the people who sold in 2013 because they were afraid of a correction? Don't try to time the market retard.

[Anonymous No.872363]

I'm literally just getting into this stuff.. Is the market going to shit its pants soon or what? I was waiting for stocks to keep going down before throwing a thousand dollars or so into something like apple.

What do you guys think?

Also, how does bitcoin respond to a market crash? Will it die too?

[Anonymous No.872386]

>>870521
I bought at $70 a barrel and am still holding it :(

[Anonymous No.873037]

Bought TQQQ on Tuesday and sold today for some double digit percentage gains. Thinking about DUST for next week.