/biz/ - Business & Finance

S&P on pace for second-worst December ever

Always do the opposite of what /biz/ tells you

*shorts everything*

I will sink this economy to get my revenge, Drumpfies

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

cost averaging and playing the long game has the highest percentage of making it

golden bulls, its time to load up

>>12148176
I am genuinely thinking about just buying QQQ/SPY with my $1k a month additions, been investing for just under a year so I currently have around $10k split 50/50~ between SSO and QLD. They certainly are the much better idea on low volatility bull markets, but we areup and down enough right now it may be right to start lowering my leverage by buying 1x ETFs.

Im not selling though, dont want to deal with the taxes stuff and my time horizon is about 15~ years until retirement, I can wait.

Do you do any TA with the ichi cloud? The strategy might be to buy 2x ETFs when everything points bullish, and 1x ETFs when we are looking bearish. DCA into everything no matter what, keep adding principal, but leverage up and down as the markets look sketchy or ideal.
reposted for this bro to see

>>12148343
>somehow manage to blame this on Hilary
-_-;

I’m worried that Fed will halt rate hikes

NIGGERS

>>12148360
>he said while blaming the fed

lol

I n t e r e s t R a t e I n c r e a s e
n
t
e
r
e
s

R
a
t
e

I
n
c
r
e
a
s
e

CGA up 1%

Reminder that the market chaos is a direct result of Chinese and Russian subversion and attempted cultural marxism.

>EU collapse
>middle east destabilization
>unchecked political dissent in US

all directly a result of Russian and Chinese memetic warfare

>>12148367
STOLE MUH BEER

>>12148361
Me too man, i have all invested on the market crashing on tuesday.

>>12148360
was this cartoon any good

ZOOMERS BTFO

https://www.bloomberg.com/news/articles/2018-12-17/u-s-student-loan-debt-sets-record-doubling-since-recession

>>12148361
>be the fed
>raise interest rates
>crashes everything

>don't raise interest rates
>everything crashes anyway
>no room to lower interest rates because you didn't raise them
Fucked either way

>>12148400
isnt powell speech/minutes on wednesday?

>>12148361
pundits say they're data-driven and shieeet. so what, does that mean the don't look at the indexes?

That moment a Silver ETF (SLV) is the best thing you got for the past three days.

>>12148360
as much shit as I give day trading, day trading small amounts of things like TVIX and SVXY seems like a decent way to make a bit of extra money in a volatile market environment like this

>>12148411
sOUnDS like the USD and FED are broken

thoughts
https://www.cnbc.com/2018/12/14/ron-paul-market-meltdown-could-spark-depression-like-conditions.html
https://www.cnbc.com/2018/12/17/gundlach-says-passive-investing-has-reached-mania-status.html

>>12148411
This is the main problem. No matter what they do, they're fucked

we must switch to a gold + silver standard, NOW!

>>12148421
Cant break the usd unless countries leave opec

>>12148411
you now realise that Powell is in a race against time to create room for easing till the economy stagnates

>>12148428
IT'S TIME

>>12148429
No we must not. The petrodollar is vital to world peace. I hope the US can be great again and that the rest of the world can live under the dollar hegemony.

>>12148428
this is why I didnt fall for the index funds meme

>>12147800
world reserve you have largest economy backing it up, euro are you have people losing faith cause they cannot raise rates and see there is a huge problems ahead


stock market correlates very much now with 10 year cbt 10/5 first dip then 8/11 another rally. when 10 year notes calm down stock market calms down too

>>12148398
Idiot, we did this to ourselfs. We let these fucking (((elites))) dupe us into debt, just so they could consolidate wealth into their own hands like in 2008. Free money? golden bullrun? there are no such things. The economy nowadays is just a never ending stream of gov:t micromanagements. Capitalism? No, were are an oligarchy you bitch. There is no free market. And because of this the economy is hugely inefficient, which is revealed at moments like this. Meanwhile we get robbed of our earnings to fuel and endless administrative machine that gives us a penny for the dollar. No man, we did this. We let the state grow, we embraced economic stimulus from big brother, we did nothing when they helped the banks rob us....

We are fools

>>12148417
this is the SPY daytrading golden age

after this whatever phase is over
it will never have this much liquidity while having this much volatility ever again

>>12148400
This is either the bottom or the beginning of a recession.

>>12148482
said nasdaq in 2001

>>12148429
global currency or a new Bretton Woods is more likely than a new gold standard

>>12148473
>we
I want the cultural marxism subversion bots to leave

>>12148454
reserve currencies and hegemonies don't last forever though

>-1.84%

oh FUCK!

who's laughing now. Will drink all your babby blood for another 200 years with my gains.

>>12148454
Robbing the world through inflation isn't a long term option.

>>12148454
at some point, there will be too much dollars in circulation around the world. if for any reason those dollars fly back into the US, its game ogre

is cash a position

i just don't know

>>12148558
yes. imagine pivoting to Venezuelan bolivars for safety

>>12148558
Short term bonds are better

>>12148558
did you not watch the crypto crash? cash is easily the safest play considering how late in the debt cycle we are in

make it stop

SP500 Just ticked below the April low.

F

>>12148588
True, we are entering deflationary stage. But we are in a unique position, with no ability to lower interest rates for stimulus. The good old printing press might come into use

>>12148602
>File: Screenshot_20181217-150545.png (94 KB, 1080x1920)
Ghetto investor

It's time for Sour Hour.

Look at all that red!

>>12148531
>>12148550
If you have holdings in usd. Its your money on the line

>been hodling ge for a YEAR
>been hodling X and AA for months
my hands are strong as fuck and I fear no loss

>>12148637
This means any us equity

>>12148614
So what happens once interest rate inevitably hits zero, print more money?

>>12148602
no

>-1.93

bros?

>>12148580
this. i'm feathering some cash into emerging bond fund etf. the only bonds I have are a part of my income fund mutual fund. i'll see how it plays out. still most of my money will remain to be continually invested for a set amount on a scheduled date to take advantage of dollar cost averaging.

>not being marxist leninist

>>12148412
He must be anticipating a sell off prior to the actual day. Then muted action on day until speech.
>>12148361
I'm ready. Gonna get a comfy CD with ally for cool 3% by next month. Plus I'm employed and even though that's a risky field to be fired in a crash I got cash ready for a stock market crash.

>>12148407
What happens if someone does bankruptcy via student-loan?

BUY TVIX as SP500 futures will crumble overnight as le drumph man will surely tweet and Asian markets will surely bleed

>>12148652
We need to keep inflation down somehow. And in countries like sweden they have negative interest rates (the central bank giving the banks money for free).

>>12148667
>not being a dengist
anon, I...

>>12148683
Nothing. Student debt is till you die.

>>12148664
I’m 100% in low cost short term bond funds and will remain in it for at least a year. Being in equities right now is absolutely not worth the risk.

who here /comfy/ watching bulls slowly capitulate before the panic sets in?

How do we prepare for the Everything-Bubble?

Guns? Food? Medicine? Gold + Silver?

TQQQ at 29 and i will go all in.

>>12148703
me

>>12148699
Ahahaha that's fucked up.

So they become corporate slaves if the shit hits fan?

shouldn't have been poo-pooing Venezuela after all

>>12148713
lifting and outdoors camping

P-POWER HOUR

>>12148701
i'm a long term hodler. i lived through the 2008 crash and i'll survive through this one. averaging down makes the ride up that much sweeter. plus the increased divvy yield gets locked in with the investments near the bottom.

>>12148687
Is it possible that something will trigger inflation to get out of control?

>>12148669
>Then muted action on day until speech.
Since you guessed my prediction i might as well share. Im too much of a pussy to hold 15x leverage during wednesday, gonna sell on tuesday dip and then sit on the cash. I have already made a decent profit, so it's ok. For any anon with a deathwish it would be a hell of a way to make it though, betting it all on a rape hike.

>>12148724
There is no shit to hit the fan though. There is no bankrucpty option, no debtors jail, etc. Banks can only hurt your credit score over time. Cant do much otherwise. Maybe wage garnishing.

>>12148750
I guess war?

WELCOM TO BEAR MARKET
WE'RE JUST LOOSING GAINS
WE'VE GOT EVERYTHING YOU WANT, LAD, AS LONG AS IT ENDS IN PAIN.

>>12148749
Wasn’t around for 08 but crypto has scarred me for life. Didn’t sell the top and made less than I could have. I’d rather make zero than risk taking a sudden hit again.

>bull rally soon

WTF

>>12148703
I am, but I'd be a lot comfier if I didn't cut out early today and would have been around to catch the short opportunity that basically had arrows and neon lights pointing at it. So disappointed that I can barely look at my watch list which is why I'm here. Seeing people standing in front of a freight train is just an added morbid bonus that makes me not feel as bad.

>>12148794
>he fell for the crash meme

its called sour hour for a reason

buy hedges and trim your fat, dummies

>-2.12%

Welp, better luck next year.

we're below 255

>>12148756
Not even worth trying to play it on Wednesday desu. Could randomly pump ahead of time or even dump based just on some rumors. Then the actual speech can send it flying opposite direction. Better to just go short or long after speech.

252 on the spy here we come

>>12148750
----->
>>12148782

And incompetent government in general. The hyperinflation in weimar germany was because the government funded socialist strikes in the ruhr area with printed money.

Since the democrats most likely will be in charge by the middle of the downturn, that might very well happen.

sub 255

>Literally last week of the year
>Instead of a year end rally we are having some of the worst losses in history

When will this shit end? What does 2019 have in store? Are we really headed into a recession, or is it already here?

>>12148788
We crypto now bobo. Only boomers now instead of zoomers.

>>12148703
long term bulls don't panic, we have iron grips and buy the dips. we cost average down and we do it without a frown. we know the future is bright, and bears can suck my dick until my head is light.

based bull run will have a set back in 2020 then dow 40K in 2025

oof

I would like to have a word with the man and his wife's son's stock portfolio who kept saying 'S&P500 3,000 EOY'. I certainly hope that by 3,000 you meant the entire market cap?

:^)

>>12148848
team rocket's blasting off again

>>12148840
But are you having fun though...

>>12148871
>S&P500 3,000 EOY
That's an unironic price target for end of 2019 by many banks. Wonder how that will play out.

this crash am probably some big tax scheme so people can write off capital losses

Sign for Chargers Broncos on CBS

Cant stop
Based Rivers
/Sp/ favorite QB

>>12148724
You go to college to become that so I don't see the problem.

>>12148901

It was the unironic price target for this year too, actually

>>12148840
This is the beginning of the recession, but no one major is going to say it, good time to grab some stuff on the cheap though.

>>12148848
That is idiotic and you are a fool for doing it while a bear is staring you in the face.

>>12148905
i think it's to scare people sell while they still have profits and collect tax on their gains for this year.

The market is just getting into the Christmas spirit. Don't worry

WTF WAS THAT?

2532.69 baby, c'mon

>>12148848
NEVER SELLLLLLLLLLLLLLLLL

>>12148905
going to do my first day trade tomorrow, have 33.28 of buying power

i'm going to bet that there will be a temporary bounce tomorrow (based on how much people are panicking today), any recommendations?

HOLD THE FUCKING FEBRUARY LOW YOU PIECE OF SHIT

Lol, look at the call options for Spy, this shit is going to rebound hard

>>12148923
We havent hit panic yet. We are still in the "it's just cooling off" phase. Plus we need a economic catalyst to trigger the chain reaction of capitulation. Some big company going down in flames.

>>12148963
JNJ

what are the merits between "holding against all odds" and stopping your losses

>>12148946
252.90 am the number for beat on SPY

reminder that recklessness is often mistaken for bravely

>>12148976
>holding against all odds
It will keep going down forever.

>stopping your losses
It will bounce the moment you sell.

Guys...do we hold SPY and NAS? I’m not having fun anymore

Where's the larping anon that said they bought tqqq in last thread?

>>12148970
Nah. A pharma scandal isnt a big deal these days. Someone going bankrupt on some unseen risk.

Yuge rebound incoming?

>>12148963
If february low breaks there will be panic.

>>12148667
>>12148691
>2018
>not being anarcho-hoxhaist

>>12148302
Smart money dumping this shit. get out of equities now and get into crypto.

23 520,54 -579,97 (2,41)


shiiiiiee3eeeeeeeet

>>12148928
Donald Trump is shaking us down
now it all makes sense

>>12148992
im right here lad
>>12148949

>>12148737
SOUR hour

>>12148905
Or the beginning of a depression

3 pts off Feb low for SP500

literally capitulation coming for anybody with weak hands

IRON HANDS RISE UP, BUY THE DIP BUY THE RECESSION

>>12148999
Smart money dumped early 2018.

I'm buying right now. New positions in Alliance Data Systems and Apple.

Now watch this baby run all the way up to 2545!

Whatever. I don't like money anyway! FUCK!

Look I know I'm the big bad bear here but everything dropped on LOW VOLUME so if you're spooked, just wait until tomorrow. Mondays are typically brutal because a backlog of weekend shit is being priced in. Plus, Jeff Gundlach said we're in a bear market on ABC news this morning which triggered enough hamsters to sell everything and run. Hamsters are not smart animals!

>>12148950
SPXS or SPXL depending on if you think SPY will go up or down

>>12149009
Do we go all in??

>>12149010
>unironically thinks he can catch a falling knife
good look with your failing boomerstocks

>>12149015
>all the way up to 2545
>all the way up
>2545
just kill me now

>>12148988
>he fell for the indexing meme

>>12148302
Say my name

>tfw can't find any 3x broader market ETFs or volatility stocks that cost less than $33.28

never mind, I guess I'm not doing my first day trade tomorrow

>>12149027
I think SPY will go up tomorrow, so SPXL (which costs $34.81)

>>12148949
My robo adviser account is 13months old & down 11%. What do?

>>12148958
Ya lots of idiots with calls are about to lose a bunch of money. SPY to 200 by EOY

>>12149027
>>12149047
I'll probably day trade a single share of SPXS sometime later this week if I get the opportunity, though

>>12148473
>We let these fucking (((elites))) dupe us into debt

the fault of the voters you dumb fuck because everyone likes free shit.

>>12148652
negative interest rate

>>12149030
I'm an investor, not a trader. I'll keep buying as long as my margin of safety is there. Apple is worth $210 by my extremely conservative assumptions. I'll be happy to buy on the way down unless theres material changes to the companys fundamentals.

>>12149052
Yell at your robot advisor

>>12149076

t. boomer

>>12149047
SPXL it is then!
just sell a GALT dummmy

>>12149023
Whew, good to know. For a second I thought we were actually down 2.5% but I guess it's not real.

>>12149072
nice try akira

>>12148302

I bought First Majestic Silver two weeks ago. Fuck, I was lucky bros.

>>12149090

I don't have any long positions but I'm wondering if I should jump into SOXL at market close or tomorrow morning. We'll see.

>>12149072
I don't know if that'd be politically viable in the US.

>>12149089
>just sell a GALT

N
I'm going to hodl all my GALT for a while
I will sell one VTGN, though

>>12149076
You're a trader. You just trade long term positions. Don't buy that ego-stroking mutual fund bullshit that they spew to keep the simpletons funneling money into their pockets and letting it sit there for decades always buying, never selling. Market going up? Perfect time to buy, everything is strong! Market going down? Perfect time to buy, everything is on sale!

>>12149088
Not all boomers are value investors. Most are FOMO degenerates. As long as an investor avoids the landmine companies, they should be fine even in this market environment, if they're not dumb enough to dump their bags at the bottom.

>>12148819

inb4 Trump fires Powell lmao

Money is evil don't be sad because it's gone

>>12149147
This!

>>12149089
>>12149111
got one

>>12149104
Sweden is a socialist country and everyone here is okay with the banks getting free money, how could it not be viable in the US where even democrats bail out banks?

touching Feb lows

>>12149147
based

NEW 1Y LOW
>NEW 1Y LOW
NEW 1Y LOW
>NEW 1Y LOW
NEW 1Y LOW
>NEW 1Y LOW
NEW 1Y LOW
>NEW 1Y LOW

>>12149122
Except my investment strategy doesn't rely on the market going up forever.

Even the positions I took in 2005, 2006, 2007 mostly turned me a healthy profit.

>>12149177
WE DID IT!

OH MY GODDDD
Another day, another $500 down the hole.

>everything is a bloodbath
>GE somehow green
lol idgaf anymore.

>>12149177
Nowhere to go but up from here!

>>12149177
Congratulations everybody!

yikes!

>>12149069
>Petit bourgeois aspirants blaming Jews and poor people for the ratfucking greed and rampant speculation inherent in the financialized form of capitalism Reagan and Thatcher built on the grave of organized labor and black community

Porky is pleased

>>12149177
NASDAQ just turned negative for the year
fucking kek at people still unironically invested in boomer stocks

waaaait a minute

THIS IS RIGGED!

fuuuuuuck

well at least we hit rock bottom

>>12149177
adamantium diamond encrusted carbon fiber support at 2500

sp down 14% from tups

>>12149228
DELETE THIS RIGHT NOW

>>12149171
Because that bailout really caused a shit storm. Even when the fed told congress it needs to happen they were all pissed it had to be done within 3 days basically and didnt want to do it. Most politicians wouldn't advocate for a bailout again.

haha the bottom is in boys *kills self*

>>12149171
>sweden is a socialist country
anon...

Anyway, the issue is people probably won't be able to stomach a tax on savings right when they're relying on savings when they're all getting laid off. Unlike countries with strong social safety nets like sweden, in the US we're just told to save for emergencies like that.

>>12149217

>What is central banking for 100

>>12149228
>well at least we hit rock bottom

we're going back to 2016s highs

>>12149228
>he thinks this is rock bottom
CNBC unironically saying no one is panicking and that capitulation hasn't been reached. lot more to go fag. get in crypto now to save yourself

RALLY TIME IS NOW OR NEVER

BUY IT NYAAAAAAAAAA

>>12149246
The basic unit operation of financial capitalism?

>>12149177
If we close below 52W lows, people will go apeshit. Remember that on Christmas everyone wants to flex how much money they made this year. We may unironically break into a bear market by next February/March.

>>12149177
BOING

>>12149259
PATHETIC LOW T BULLS

Who /buying the dip/ here? So many discounts.

>>12148473
Oligarchy is literally rule according to wealth, it's the most natural government of capitalism.

>divs are friends
>down 12%

>>12149259
>I could be your angle or your devil

>>12148302
>be me
>start investing in July
>markets been going down since
>tell myself it will all be at record highs again in 10 years
>continue to buy some, but not a lot, wait for the market to bottom out next year
>also save for when real estate prices crater, so I can buy for cheap

Where's Obama, doesn't he want credit for this?

>>12149228
Capped for tomorrow ;)

>tfw timed that SPXL buy perfectly

based

>>12149243
>anon...
I know it is more of a welfare state, where the state is only used to funnel tax payer money into the hands of the rentier class and indrustrialists. But the people has socialist ethos (even if they happen to be stupid)

>>12149279

>A government-imposed bank that all other banks must borrow from at penalty of the law
>This is capitalism and exactly what free market interaction has produced naturally

Are you retarded or pretending?

>>12148998
>not being a post-left anarcho-ecofascist
gommie please

who /comfy/ today?

>>12149315
anything but summoning AI God & extinction is gommunism

>>12149295
YOUR NEW LOW LASTED 20 SECONDS

>>12149310
>But the people has socialist ethos (even if they happen to be stupid)
>even if they happen to be stupid
*because

>>12149321
If by "comfy", you mean "JUST'd", then I'm comfy as FUCK.

>>12149311
>the government isn't capitalist

Oh I guess that's why the nobody gets rich off wars

>>12149327
Technocratic theocratic here. Our christian crusader robot army will annihilate the heretics of andromeda.

>>12149327
That chart is fucking great but also infuriating, i would rearrange it a lot

IT KEEPS GOING DOWN
STOP IT, THE MARKET'S CLOSED

>that after hours pump

Reee

Ding ding ding! How did everyone do today? I’m down .28%, I’m mostly holding cash now since I can’t watch the market or trade interday. I’m going ice skating tonight!

>>12149310
A social democracy ethos is different from a socialist one, it's largely class collaborationist.

>>12149299
Oligarchy is when this wealth lets them use the government to remove capitalism. Free market (the essence of capitalism) can only remain if the state is to the vested interests of the rich. Oligarchy can only exist with corrupt government.

>tfw nocoiner
>tfw nostocker
>tfw nobondser
Who's laughing now

>>12149301
use this as a chance to get discounted stocks before the eventual rebound

>>12149359
Algorithms probably

>>12149366
bankers

>>12148602
Don't worry, It gets worse

>>12149365
All government is fundamentally corrupt

Please guys, tell me what to do. Do I go all in on the dip, cut my losses, get into gold? I’ve lost so much fucking money already...

>>12149360
-1.62%

ok, someone explain what the NIGGER is going on with the market

if I wasn’t a huge pussy I would’ve gone all in on SPXL calls. Tomorrow will show me whether or not I exercised wisdom or was a coward.

>>12149394
FUBAR

>>12149360
Looks like Thursday was a bad day to get back in AMZN
>AMZN down almost $150 since then
Even when I do catch the falling knife, it falls even more

>>12149301
Now's unironically a great time to get in on depressed stocks that have already declared their divvies per share but havent yet reached their ex date.

>>12149365
Well if we're talking about essence: Oligarchy is the rule of the rich. Democracy is the rule of the poor.
t. Aristotle

If we're not, the no, there is no /essence/ to capitalism, it is what it is. And a constant drive towards accumulation naturally creates a society and government designed towards that purposes.

>>12149376
I'm down that much today.
Just put 5k into VTSMX lets hope it pays off

>>12149394
Texas ruling on affordable healthcare, Johnson and Johnson scandal, Chinese and Russian intervention, Huawei CFO

>>12149344

>A centralized monopoly on violence, self-enforced via. violence, is capitalist
>Anything that generates monetary profit is automatically capitalist by definition

You have to go back

>>12149379
not really, it's just monopoly of power that has an inherent tendency for corruption

Reminder that the market has only priced in 0.8 rate hikes.

I'll consider buying when SP500 hits 2k

>>12149309
that was a really good buy you should sell for a sick daytrade

Recession within days. Sell everything if you haven't yet:

https://www.foxbusiness.com/features/top-ceos-predict-a-recession-could-strike-within-days-survey

>>12149360
-8.82%

>>12149428
In a representative government, the representative is supposed to function as a conduit for the will of the people. This never happens.
Individuals are automatically corrupt by their own lust, wills and beliefs from the moment they step into office, never able to completely mirror the will of the people.

>>12149336
An 170+ IQ post right here

>>12149434
Two more yield curve inversions when?

>>12149434
good, cheapies everywhere will allow me to become financially independent a few years sooner

>>12149433
I'll probably sell early tomorrow

>>12149360
red
got more GIS, BTI, SPy

>>12149360
only down 1.12% but got a big pump from a bunch of NBEV shares I bought back in November so that's nice

you didn't listen to me :)

>>12149383

Psst. You didn't hear it from me ok buddy?
Buy bitcoin and ethereum. In 5 years you will use satoshis to pay for your burgers and fries.


>>12149383

>>12149459
I don't disagree, but you can't expect democracy to work perfectly when the vast majority of the people aren't educated in economics. Every politician trying to get the people's vote is a demigod facto populist.

>>12149360
down .22%

>>12149434
This is concerning. I may have to move my time tables up considerably.

>>12149500
Communism bad
>communism is good but real communism has never been tried and the execution is flawed
Democracy bad
>communism is good but real communism has never been tried and the execution is flawed
Really makes you ponder the absolute state of the average statist

>>12149491
Too poor to get any worthwhile amount of BTC, I can do ETH I guess...

>>12149500
*de facto populist
Also one has to consider the fact that democracy's merit is determined by other factors and other systems of governance can be better given the right conditions. Realistically paternalism is necessary in all systems of governance.

>>12149517
Democracy bad
>democracy is good but real communism has never been tried and the execution is flawed
Democracy bad
>democracy is good but real communism has never been tried and the execution is flawed
Really makes you ponder the absolute state of the average statist

>>12149500
If you put a bunch of economists in charge of public policy you wouldn't be getting that much better results.

>>12149360
down, i don't really care about share prices that much but watching my net worth go down is never fun. i cost averaged some JNJ after their disastrous Friday. when I get my monthly bonus I'll be cost averaging starting with my most underperforming stocks. next year will probably be a relatively high up year before the govt crashes the market in june of 2020 before the election.

>>12149500
The arrogance of blue-pilled 'economics specialists' never seize to amaze me.

>>12149530

>>12149418
>And a constant drive towards accumulation naturally creates a society and government designed towards that purposes.
Oligarchy is ineffective though, the actors in a oligarchic system rely on using the state to gain an advantage (subsidies etc). Under free market conditions these actors would fail horribly (which is also why it is in their interest to maintain the oligarchy). Instead of investing and improving they use political tools to gain market shares. Economically that is not good at all, since it leads to stagnation.

I might have missunderstood you though, maybe you are saying that it is postivie for the oligarks and their accumulation? it surely is, but that is at the cost of society at large.

>>12149540
Nice try, archon

I am financially ruined.

>>12149360
Craziest trading day i've ever experienced. Worse than February and 2016 madness.

This morning i liquidated 85% of my portfolio. In final fifteen minutes of power hour i bought back in significantly lower. All told; -2% in equity, +10% in number of shares.

Goddamn disaster. I cannot believe Powell will go ahead with the December hike under these conditions. Markets are very narrowly hanging in purgatory from a thin bedsheet above hell.

>>12149530
Of course communism is good, but it's too big of an argument to get into.

>>12149532
I'm not saying that.

>>12149574
Just fucking crash it already

>>12149415
>trying to catch a falling overvalued stock
Top kek, you're going to get steamrolled. At least when you catch a falling knife undervalued stock, you can hold to realize the cashflows.

>>12148691
>Dengoids
>In my thread
GET OUT

>>12149547
That's not necessarily true, large economies of scale and market power can preserve many businesses regardless of the system of government. While they might not be on top forever, they usually don't fail too easily.

While certainly it's the case that oligarchs will give themselves special privileges this is restricted to the extent there is rule by the whole class of capitalists themselves. The more there is class versus personal rule, the more you see capital friendly policies as a whole versus policies designed to benefit a few private individuals. Rule by wealth can take on either form, rule of the few most rich, or the rule of the upper class as a whole.

>>12149574
At least they have excuses not to hike now, kek

>>12149603
>Of course communism is good

>>12149471
Ratsu GIS and BTI haven't found a bottom yet, they are still plunging to the center of the Earth!
Buy SPYD and TATA instead :^) I'm going to first thing tomorrow morning

>>12149635

>>12149653
% you guys are down? I’m at 3.45 :^)

>>12149667
today alone shit probably 10%

where can I get candlestick charts of extended hours trading? (for free)

>>12148724
People go to college to become corporate slaves in the first place, that's literally what you pay for unless you work for yourself - You pay vast sums of money and work your ass off for brownie points and a false sense of superiority...
so you can go work on someone else's time as an underling.

Gg no re

So are we going into another Great Depression?

This is AMerica
Home of the EAgllllle

>>12149667
Down 1.7% in unrealized gains, up 4.3% in realized gains for the year, not counting dividends.

>>12149699
Dubs confirm.
I hope we all die and the world enters into global strife, but only if we get to cut their heads off.

>>12149711
A green glimmer of hope in the sea of red today

At least tomorrow is gonna be green :)

>>12149667
down 2.5% for the day, up 4.16% for the year

You know what, I think I will go with the leather option after all.

>>12149689
you do realize some people (like me) do not want to own a business, do not want to have to deal with the stress and issues with owning a business, who just want to enjoy their work but go home and not have to worry about work. I just ensured I'd get into an employment sector that has a high ceiling for pay.

when i retire early, i'm going to wage cuck at starbucks, costco or REI for two reasons:
1. they provide full time benefits to part time workers

2. i'll keep myself busy and vacation when I want to.

>>12149667

Up about 6% today. Entire portfolio in SQQQ and SH. Had SQQQ calls expiring this Friday. Would've been up more but sold some calls near close last Friday to avoid being too greedy. Going to wait for the next pump before jumping back in. This has been easy money.

>>12149639
I dont like dividend etfs
I want my favorite companies to personally give me a cheque

>>12149616
lmao stay mad Maocuck

>>12149628
> Rule by wealth can take on either form, rule of the few most rich, or the rule of the upper class as a whole.
Damn son, first time i though about that. Funny how many things one can agree on besides being on opposite sides of politics. I guess you want to use the state to stop rule by wealth, while i see the state as the reason why rule by wealth even is possible.

With that said fuck off u faggot gommie, if we don't stop this now the next thread will have to be called marxist theory general.

Rate my extremely undiversifed portfolio
What should I add next?

>>12148999

Checked. Financial markets looking absolutely like shit. With trump seeking to destroy fed and change the usa to a new economic system (and political system) a lot of stocks are going to have serious diarrea. EU and China looking absolutely rotten as well.

>>12149752
Actually I'm just shitposting; I'm not even qualified to bitch about - but I am partial to the prospects of self-employment despite the risks and heavy micro-management that can entail.

There's nothing wrong with any of it

>>12149537
This. I bet he’s never heard of the Knowledge Problem introduced by Hayek. Ironically he himself is the evidence as to why people should not defer their autonomy to ‘professionals’

>>12148302
buy puts on the Russel
major recession in 2019
possible depression if US president indicted

>>12149699

It’s possible but unlikely.

After 20 years of free money, interest rates and the value of the dollar are being reset to more historically normal ranges. This is, and will continue to, deflate equity values in dollar terms.

What remains to be seen is how interest rates resetting affect the trillions of dollars in corporate and private debt.

If default rates rise on junk bonds and auto loans while banks are upside down on the yield curve, then things could get really bad.

>>12149713

I for one am eager to roam the wasteland to rape women and eat minorities

>>12149785
people who like communism are those that are not too stupid to read but who are also not smart enough to understand it will invariably fail (possibly in a post-scarce society as well) based on numerous factors, but the overarching one is that it is inherently and wholly inefficient. .

Are there any very, very minimal investments worth buying into, like say, any penny stocks that will see a return? Just looking for small stuff to pass the time with, see the pennies add up

>>12149803

Indicted pres LEL
I hope you like military dictatorship with extra guantanamo for socialists

>>12149818
Stop I can only get so wet

>>12149818
>tfw your dog died before he could get telcinetik powers and guid you to gash and food.

>>12149829

Biotech nanotech and military stock. Ditch the rest. wartime it will be diarrea

>>12149836
you have your handy dandy slut stick ready?

>>12149818
Would you actually rape a woman in mad max land? Some days I dont know the answer to that for myself.

>>12149802
>I bet he’s never heard of the Knowledge Problem introduced by Hayek.
Wrong

>>12149898
>>12149898
>>12149898
NEW FRED

>>12149790
$F is a good value below $10

>Get out of work
>Seven new movement notifications!
>All fucking seven of them are new 52 week lows
>Check balance
>I lost twice as much as I earned today

Great, this is just great. I got to watch all of my crypto slowly bleed to death and now I get to watch all my stocks slowly bleed to death. Amazing.

>>12149730
delet this right now you fuck

>>12149785
Rule of some kind of another is somewhat inevitable, that oligarchy presupposes a state somewhat goes without saying, it also presupposes a class that can use it's wealth to command the labors of others.

>>12149825
The critique of communism that it lacks hard budgets and is therefor inefficient rings somewhat hollow after the 2008 bailouts. Capitalism is reaching a point where it is no longer compatible with hard budgets. We must find some other form of discipline or much of the progress we've made will be lost.

>>12149833
The US president is currently involved in 17 federal investigations. the sheer amount of his crimes committed is still unknown. the US federal government will get him and he will be indicted as a sitting US president. He will be made an example of publicly. this harm will be immense damage to the US markets

you fail to realize the deep state (life long federal employees working for 3 letter agencies) and their plan for geopolitics in the coming future

what's a good trading app for euros?

>>12149964
As it stands now it looks like justice department policies are preventing them from indicting. This may create something of a bad incentive, considering that Trump would probably pull all kinds of bullshit to stay in power if he knew he'd be arrested as soon as he was out the door.

>>12149958
the critique of communism is that there are two brands

1. fascism & slavery, ie the Soviet System
2. marxism, aka fairly tale communism "its never been tried" communism, stateless communism that is literally impossible to implement in practice

and the end result is that you either live in a fairy tale or in slavery
ever read "Red Plenty"?

lost 7.8% today due to being mostly 2x leveraged

TIME TO BUY MORE

>>12149989
Degiro is OK, but im sure there are better.

>>12150020
For one, marxism is a school of thought, not an economic system, two, the Soviet system was largely a creation of its time and the conditions of the Russian civil war.

It's a fundamental historical fact that you don't choose economic systems like choosing brands in a grocery store. They are largely forced by circumstance and the associated necessities. Capitalism isn't going to last forever, better it lead to social ownership and more free time than a handful of good living elites using technology to isolate themselves from a world burning down around them.

>>12150072
> marxism is a school of thought, not an economic system

Last time. I read Das Kapital it was three parts of bad logic about LTV and labor power — of course an embarrassing failure which Marxoid bible readers ignore as if it never happened in order to keep their delusions up.

>>12150072
>a handful of good living elites using technology to isolate themselves from a world burning down around them
gommie, I....

> Today I am making good on my promise to defend our Farmers & Ranchers from unjustified trade retaliation by foreign nations. I have authorized Secretary Perdue to implement the 2nd round of Market Facilitation Payments. Our economy is stronger than ever–we stand with our Farmers!

new 52 week lows dont sweat Trump

>>12150072
commies always, always fail to describe what they want because you know it will either be slavery or a fairy tale

commies love living in an illusion where they are simultaneously not soviet genocidal fascists, not chinese capitalist fascists, not venezuelan hunger strikers and not anarchist retards. its the only way they can pretend to not have a retarded worldview that supports genocide and slavery

> JOHNSON & JOHNSON ANNOUNCES $5 BILLION SHARE REPURCHASE PROGRAM
lmao

>>12150155
fucking lol

>>12150102
LTV is empirically correct.
https://www.pdf-archive.com/2017/09/11/emperical-strength-of-ltv/
https://www.pdf-archive.com/2017/09/11/labour-values-prices-of-production/
http://users.wfu.edu/cottrell/eea97.pdf
http://reality.gn.apc.org/econ/DZ_article1.pdf
http://www.helmutdunkhase.de/marxts.pdf
https://www.pdf-archive.com/2017/08/14/japan-ltv-test/

>>12150108
The difference in living standards between leaders in the communist bloc and their citizens doesn't even come close to that between American billionaires and the american poor.

>>12150126
A shorter work week, social ownership, cooperative enterprises, these things are not a fairy tale.

>>12150226
> Marxoid bible reading intensifies

>>12149100

Delete this

>>12150266
>empirical testing is now dogmatism

>>12148302
Is random walk the stupidest fucking book and the worst idea ever? But at least it’s not mystical ruminations like “Alchemy of Finance”.

Not to be born is, beyond all question, the best; but when a man has once seen the stocks of day, this is next best, that speedily he should return to that place whence he came.

>>12150226
kek so you advocate for a market existing?
you're not a commie m8
glad to get that cleared up

>>12150126
It's because Communism is a religion, why else keep the name if not for the fact that they think Marx is a prophet? They could easily create their own ideology, but they don't.

>>12150410
I don't care if a market exists or not, what comes of the working class expropriating the capitalists is what communism will be, that's all I'm looking for.

>>12150445
Jodi Dean's book The Communist Horizon provides a good answer to this. Communism as a horizon expands the political possibilities and imagination, and without it we've already seen where the end of history has left us.

what do we buy during dips and recessions if we have a 15~ year time horizon to retiring??? just SPY and QQQ exclusively?

>>12150785
You'd probably want Alphabet, Wallmart, Mcdonalds, Disney, Coca-Cola, the best quality blue chips. As you approach retirement, however, you'll want more dividend stocks and fixed income options like bonds (though now's probably as good a time as any to buy treasuries and you wouldn't be getting good rates in a recession).

>>12150898
with a decade+ to go for me personally until i need the money, isnt it a bit early to start buying divvy slike KO? GOOG as a tech will room to grow up and down seems like the type of blue chipper i would buy, if i dont just go full ETFs where i can buy and forget about it without worrying about getting ENRON'ed

How tarded would it be to buy some long term spy puts tomorrow?

>>12150979
KO retains value well, given that its price may drop some 30% in a recession you can expect it to recover by more than that amount.

>>12151034
peak to recession bottom in 09 for SPY was like 56%~, while KO was only 42%~. Thats impressive, plus divvys the entire time. Of course it goes up much slower during bull markets, but I guess the idea is when we are going bear to buy up blue chip divvys, then when we eventually turn bull again buy more SPY/growth stuff while still collecting divvys and DRIPing KO/etc the entire time? seems solid

>>12148454
fucking amerimutts

>>12151075
Well the best scenario is just buy as much as you can at the bottom, but yeah, it can be hard to figure out when that is so better to buy the dividends first and wait for the start of the bull market to be sure. That way you'll be sure to have a passive income regardless of which way things are blowing in the moment.

>>12151137
this makes sense, ill probably start picking up some individual divvy paying equities instead of all ETFs like I have been. I'm not selling for a decade+ so I'm just accumulating as many shares of everything as I can, having some passive income + adding more shares of everything is a based idea

I've got 350k in cash and have no idea what to do lol

>>12149424
dont forget brexit

>>12150997
The vix is at the highs right now.