/biz/ - Business & Finance

>>12197905

Hitler was a good guy.

>>12197912
If it wasn't for Hitler I'd have never been born!!!

Fuck Reluctant kneepad

>>12197916
Now you've got me being wishful.

>>12197931
that will be $500 p-please @_@

>>12197956
$500 for a full sex session? You are way overpriced, girl. I hope that's for an hour.

I picked a hell of a time to get into stocks, I tell you guys what.

Just bought a few more shares of Aurora cannabis. Not a lot since most of my money is going towards precious metals in this bear market but you can't beat shares at less than 5 dollars.

>>12197990
Try getting into options baka

>>12197990
Don't feel too bad. I bought in at the end of October. Luckily, I only put in about $750 as "play money".

>>12197974
n-no
thats $500 just for watch me pee @_@

>>12198001
End of September and 3.5k. I guess I'm learning for later

>>12197956
If you are cute and you're actually a girl, how about for $5000 you agree to have multiple babies and start a proper family (no marriage though).

>>12197993
MJ is pretty far below the 200 MA and decently priced relative to IPO. I have a good chunk set aside of it, pls buy everyone out and give me sexy gains MO and PM.

>drunk baggy
>active RKG
>gets
>cat posting
It's been a good few threads

>>12198007
Fuck off, you ain't that pretty.

>>12198018
Same. Most great businessmen have a few failures before they have success. The trick is to learn from your failures.

IF I JUST HELD MY SPY PUTS ID BE UP 430% WHATS NEXT WEEKS PLAY?

>>12198027
Pot stocks could very well be the next Amazon or bitcoin. It's a bit speculative but long term I think it will pay off very well for those wise enough to see the trend of global legalization.

>>12198052
More puts

>tfw if this really is the crash you'll be able to buy Amazon
Based and crashpilled

I hope you guys bought the dip
If not youre getting Doxxed

>>12198052
spy is going to 190
if trump can't have his way i gaurentee he's going to try to do as much damage as possible

>>12198058
>>12198101
arigato

I want to force baggie into a chastity device for a month and then milk every last drop of cum out of his balls and keep stroking him while his dicku is all sensitive despite him begging me to stop.

Who can I speak to about this problem?

Calico cats are cunts.

>>12198134
Cute kot!

>>12198101
Yeah, SPY will go down to 190 with record low unemployment and 2018 being the strongest year for the American economy since 2008. How brain dead can one person be?

>>12198134
All cats are cunts

>>12198143
All calicos are koshkas.

Decided to go into RAD long term earlier today with 15k shares. Let's see what happens, first time buying an absolute shit stock

>>12198157
can we agree S3 is the absolute pinnacle of simpsons

>>12198134
>>12198150
I only think she gives me affection because I feed her. She's a bitch, kitty. Refugee and completely legal I can't murder her because PETA would be up my ass for shit like that. Lets think I'm way too drunk, long gold and oil, and can I pass through shit?

>>12198181
I don't know the series well enough to have an opinion. I just know it turned to hypergarbage after the 90s.

I wish I could find a solution to the miserable state of the world and my own inner depression that wasn't just "stop being depressed."

>>12198159
wall-greens have bought next door our pushed you out far enough you might get a buy out.

>>12198190
You aren't drunk enough until you post your dicku

I tricked a small spec here into buying CAG so that the large specs would tank the price. The plan worked perfectly. I lost 100 dollars buts its ok because Ill double;e down on these cheapies

>>12198159

Why do you do this to yourself

>>12198203
RAD sells cheaper than all other stores I dont care what the haters say

>>12198194
S3 is the perfect mix of amazing writing and derpy animation

CBOE Put/Call ratio is over 1.8 - extreme fear is gripping the markets and hedge funds are about to liad on over 60 billion dollars worth of stocks in the next week alone. Go LONG

>>12198235
about to load up*

This will the suckers rally that can be enough to free you guys whilst tricking others here to go long before the final plunge

>>12198190
Probably not a great idea. oil will get cheaper now that america undermines opec and demand will decrease overtime from green tech.

Gold will probably go up after a recession, but it's not that far from it's historic highs.

>>12198235
This has been consistent, orderly selling thus far. Panic hasn't set in yet.

Wait until SPX 1800.

>>12198203
A buy out next year is why I bought, heard a rumor from a friend.. so, fuck it.. I guess.

>>12198217

>>12198255
Gold is overrated. Silver generally appreciates more. Although I still like to have a little bit of gold too for no other reason than it's a good way to preserve my money and show off my wealth to plebs.

>>12198298
Yeah I agree, I've got a standing limit order for a silver etf if it drops to 12 bucks

>>12198256
if I didn't have an SPX short I'd be terrified to see that

>>12198045
You don't know what she looks like, and that comment may've made her sad.

>>12198311
Yeah? Sue me. Now someone teach me the advanced stuff about options.

>>12198319
only buy them if they get memed here

>>12198307
Be sure to buy some physical silver as well. I have some silver ETF's but a lot of my money is in physical silver. A lot of it I got for face value or near spot price. You can get it at those prices if you know where and how to look.

>>12198307
Gommer do you have an opinion on Debord and the situationists?

You know now that I think about it, there really isn't that good of a reason for the massive upcoming recession.

BUY BITCOIN

>>12198235
Its not that simple. If we pass the "point of no return" we will end up in a credit driven spiral downward.

Now the problem is that nobody knows when that has actually happened. We might be in a correction or this might be the start of a massive recession.

Unless you can do stress tests through pro-forma financial statements and be able to model the spillover effects on other industries, you literally can't tell if this is just a correction or not.

However, given the substantial amount of leverage in the economy I would proceed with caution. Following this drop I've invested in low debt industries with high margins at a fair price. This is likely the best way forward as the risk/reward for companies with bloated balance sheets just isn't there yet to justify building positions.

half day tomorrow, gonna sell a shitload of premium. Mmmmm, i can almost taste the theta decay.

>>12198342
Fuck off


>>12198311
I know she has leathery toes

>>12198319
Let implied volatility dictate whether you buy or sell options when you look to open a position. That's probably the #1 biggest thing you do.

>>12198350
Please delete that from your computer
I went on a date with said girl, and the ended it by giving me a high five and laughing. Fuck.

>>12198364
>she

>>12198364
Man I miss doing Adderall, until my blood pressure got too high it was too dangerous for me to do it anymore.

>>12198366
There are plenty of roasties in the sea, my man
If you like her enough as a person, then you should just keep her as a friend and try to find someone else to date

>>12198366
worse than any drawdown

>>12198333
Thats because its being inflicted to hurt Trump. He made it easy by tying his name in with the market and economy. All they have to do is raise rates too high too fast, let it slip heavily, the media will blame Trump, and then correct it when they get a stooge in office in 2020.

I think the US stock market is oversold, there is not legitimate systematic logical reason for facilitating a bear market. Every previous bear market has begun with real world conflict or news, something tangible. The market is going to bounce back within 3 months

>>12198401
I mean this was a much needed correction, (also implying Trump isn't a kike stooge lmao), but I don't see a lot of other reasons. Unless China is profitable enough that the people propping up our exit scam economy are ready to cash out.

>>12198395
Like Big5Guy
Alternatively, if you still think you have a shot, then you should just go for it and outright tell her you're into her instead of pussy footing around like you have been

>>12198329
Where's the best place to buy physical silver?

>>12198332
He's cool. I do think they were a bit misguided about how to create change.

>>12198415
wat triggered the 2k crash

>>12198333
It's being orchestrated to get Trump out of office. When did this crash start? Right before midterms. Gee golly what a coincidence. When did the next big slide start? Right before the Mueller investigation heated up? Wow, another amazing coincidence!!! It's almost as if Trump's crowning achievement was the stock market and the anti-Trump elites are trying to tear that down.

>>12198366
>>12198350
Are you secretly a sitcom character?

>>12198430
Same thing that happened to Bitcoin in 2017, the internet was new and it caused too much speculation among investors and it created an bubble in prices that was not sustainable.

>>12198401
Dude, we are in an equities bubble. This isn't being "inflicted" to hurt Trump. ZIRP inflated asset prices universally and we now are coming back to prices that accurately account for risk. Don't blame Powell for doing what he needs to do to fix Bernanke's and Yellen's mistakes.

>>12198055
>see the trend of global legalization.
Marijuana is Soma from BNW

>>12198450
tech bubble

>>12198463
So is alcohol and that's why it's profitable.

>>12198463

Where are the orgy parties?

>>12198455
You really think this would be going down as it is with Hillary in office?

>>12198481
no, alcohol will kill you rather quickly. Soma's key feature was that it was benign to your health.

>>12198483
Tinder

>>12198499
Yes

>>12198500
Most people don't drink it heavily on a daily basis. The main demographic is the working man who drinks "a few beers after work" with the rest being the heavy drinkers and occasional drinkers.

>>12198435
Yes, my life has always been abnormal.
One time in high school three cool kids followed me around filming me for a week for film class and titled it "odd ball"
They got an A-
How the fuck isn't that bullying, RUDE

>>12198499
Yes. This is a systemic problem that has been a decade in the making.

This is literally the perfect time to buy stocks as a 22 year old zoom-boomer. Man I love being born at the right time

>>12198509
once again, thats the point. its a drug that allows people to be long term functional heavy users.

>>12198508
>>12198521
They would have halted rate hikes or slowed down immensely.

>>12198523
It's be the perfect time for me to buy stocks too.

IF I HAD A JOB.
Now the only way I can buy stocks is to sell first...

>>12198052
>NEXT WEEKS PLAY?

Long bounce swings. After that start in with the puts again.

Powell's gone
Eternal bullmarket confirmed
Bearfags BTFO

>>12198536
Christmas saved
Golden Bull confirmed

>>12198525
Exactly. That's why it's profitable.

>>12198536
If he is removed, this will unironically crash the market massively

>>12198536
> according to anonymous sources

>>12198555
CRATER IT

>>12198536
>Powell's gone

Wha--?

Holy shit the absolute mad man wants to do it. Oooooooh this is juicy.

https://www.bloomberg.com/news/articles/2018-12-22/trump-said-to-discuss-firing-fed-s-powell-after-latest-rate-hike

>>12198536
I don't see how Powell getting fired would result in a sustained move higher. Rates were raised to levels much lower than their historic average and the market panicked. Now everyone knows how fragile the market is and confidence is (rightly) shattered. We will keep going down no matter what.

>>12198599
I hope it keeps going down. Sucks if you're a literal boomer, but by then you should mostly be having bonds anyway

There's really no economic reason for the fed to keep raising rates. It seems like they're caught in the mental trap that they either need to raise rates or lower them, otherwise they're not doing their job.

>>12198631
If this is actually confirmed over the weekend like it should be, I don't give two fucks what my Dad says, I'm selling everything.

The stock Gods are giving you a opputunity to buy Colgate cheapies, dont take this lightly

I hate that all stocks are to some degree correlated to this macro bullshit
I wish the market wasn't an irrational feedback loop so I wouldn't have to give a fuck about things like this

>>12198631
I'm a 30yo Boomer and I moved my 401k to 85% money market and bonds back in late July.

I begged and begged my parents to do the same thing, but they didn't listen. I haven't gloated about it at all since then, because while my 401k is only around $10K, theirs is in the hundreds of thousands and both are close to retirement. It sickens me.

Fucking fuck.

If Powell is fired the market will moon you dummies. Did you not watch his latest press conference? The guy struggled with providing reasons why he was continuing this moronic policy. Reporters grilled him why he was continuing when inflation was coming in below target. He had no answer. Powell is a loser and is unfit for the job. Sack him and investigate him for Russian/Chinese collusion.

>>12198681
Guys like you bought bitcoin at $19K.

>>12198649
Oh, by the way, how do I sell everything with minimal tax burden?

>>12198027
>>12198055


i went all in on apha $5 strike july calls

>>12198722
If you only have $10k in a 401k at 30 then you fucked up in life. Not sure why you think your advice is worth anything.

>>12198681
>Sack him and investigate him for Russian/Chinese collusion.
Don't give them any ideas. They'd love to waste $millions more investigating nothing for years on end.

>>12198429
Apmex/sdbullion

Get current year american silver eagles, when the spot dropped to $9 wayback when, ASE’s were still selling at $16. Also any ASE’s bought during trump admin will have meme value in a decade

>>12198681
There is a reason Turkey's currency plummeted when their president threatened to interview in their central bank
Central banks are supposed to be apolitical, and Orange Man would destroy that. The market and all 99.999% of economists believe, whether or not they actually agree with the actions taken, believe the FED should be an independent institution
Go back to the_donald or read a fucking book

>>12198769
You're an unimaginative dipshit. Please go all in on $SPY calls.

>>12198800
Turkey's currency plummeted because they've had a relatively large current account deficit and eventually reached its apotheosis when large capital outflows occurred, resulting in a large balance of payments deficit that could only be paid for with a falling currency value.

>>12198893
I agree that there were other factors in the general scheme of things in Turkey's currency crisis, but when Ergo pulled this shit, the currency crashed even harder
COPE harder, drumpftard

>>12198913
Erdoğan had little to do with it; the fundamentals were all there. Same reason the Argentinean peso plummeted during the same period--there was/is a large balance of payments deficit. This always leads to currency depreciation.

>>12198648
>There's really no economic reason for the fed to keep raising rates. It seems like they're caught in the mental trap that they either need to raise rates or lower them, otherwise they're not doing their job.

They need to be raised coming off the 2016 rally in to 2017 bull run. However, Powell's plan is too fast. Four hikes in a single year was obviously more than the market could take at this time. The most recent really pissed everyone off because the market was right on the precipice of breaking critical low support for the year, which it then promptly did after Powell did his hike AND forecasted a further two more for 2019. It showed him to be blind to the long term ramifications of the rapid hikes. Particularly so when the Fed's own numbers showed inflation had pulled back. Fed raising rate when inflation is down was baffling and naturally caused a panic. Now we're in the sharpest correction this decade and it's largely Powell's fault; both for overestimating the strength of the market and aggressively pushing ahead with his plan despite numbers showing the earlier rates were already having the desired effect.

>>12198777
Trips of truth. I'll check it out

>>12198937
>It WaS tHe FunDaMenTAls
Yes, you smooth brain, I'm aware of this
The POINT, of what I'm saying is, political intervention in central banks leads to currency devalutation and stock market problems.
Do I need to spell it out for you any clearer?

>>12198913
>blumpf

>>12198951
Interest rates should never be adjusted for the sake of speculative markets. They should only ever be changed in response to developments in the real economy--and there's nothing in the real economy suggesting rates should be raised more.

>>12198956
How unfounded and low-IQ. Opinion discarded.

>>12198984
whatever you say, sweaty

>>12198984
>They should only ever be changed in response to developments in the real economy--and there's nothing in the real economy suggesting rates should be raised more.

That is debatable. Whatever i'm too high for this right now. There were factors the Fed cited back at the beginning of the year that did necessitate some increases. Some. Over a period of a few years. Not four in one for fucks sake that pisses me off so much.

>>12198956
holy fuck you sound like a fucking retard when you do the whole sponge bob shit.. what are you? 12?

also.. buy LCI shit is forming a nice base to launch from

>>12198956
>>12198993
>>12198800
>are supposed to be apolitical
>supposed to be
>supposed
kek, fed created the political warfare, brainlet

>>12199010
It's too late now though, he fucked it for at least a year.
>continues with rate hikes
"Wtf what are all these hikes for now everyone else is pulling out too, fuck this I'm taking my money."
>stops with rate hikes, puts them on slower
"Oh see, now the Fed doesn't even know what they're doing and everything's fucked, fuck this I'm taking my money."
>Trump fires Powell, replaces him with some other Jew
"Oh no, Orange Man still bad, what's going on at the Fed, the whole country is collapsing, fuck this I'm taking my money."

Like what could possibly fucking pull us out of this now?

>>12198984
>Interest rates should never be adjusted for the sake of speculative markets
interests rates should never be controlled by a central bank.

Golden Bull run failed

Crypto 2018 Bull rune failed

Are my short term bond funds safe in a financial crisis?

>>12199053
>Like what could possibly fucking pull us out of this now?

Time, good earnings from blue chips, resolution to trade disputes whether neutral or positive. Hammering down an agreement with China will help short term. Real estate market needs... well, the boomers need to die, pretty much, and foreign ownership has to be restricted.

how many of you geniuses are holding TVIX over the weekend

>>12199168
The Phoenix must first burn before rising from the ashes. Bitcoin has burned and risen five times now. This last time, the whole world witnessed it. Only the fools got burned. The wise are accumulating for the next cycle.

FRIENDLY REMINDER NOT TO LISTEN TO COCK SUCKING TRIPFAGS
(RKG is cool tho)

>>12198364
>those toes belong to a girl who goes to this Bosnian book club to talk about finance.
Yeah, and also we are in the timeline where Gore won the election and 9/11 never happened.

>>12199248
Gib.

I'm in such deep shit I don't know if I want to average down on GALT or LCI.

Fuck you Jeremy, I fucking hate you

>OMG GUYS
>Facebook is massively oversold at $180
>it's the easiest buy this year!

I'm down 25% few months later..

Not going to sell. Time to average down over the next few months and pray to the Jewish God of Zuckerberg

>Buy into CAG
>Immediately Has biggest drop in its entire history

I have deleted my Facebook account years ago and I don't even use Instagram

And still I put over 20.000 into this piece of shit. Not like I need the money atm or anytime in the future, but it still sucks to see it all disappear.

So... how were all of our returns this year?

>>12199417
>Listening to an obnoxious "investor" who started investing by chance at the bottom
>Not looking at economic data and business model
>Disregarding market sentiment and the painfully obvious tech bubble
>Sunk cost fallacy
>Being mad at someone else and not at yourself and trying to learn something out of this
Fucking neck yourself.

>>12199478
At least I'm not a trannie but a successful team lead at a respectable company (formerly known as Monsanto)

>>12199176
pls answer

>>12199486
>team lead
What a joke

>>12199499
It depends what kind of bond. T bonds would be. Corporate bonds maybe not.

>>12199486
>Projection and ad hominem
>Having to show off because of being insecure
>Not owning up to your mistakes
You truly act like a woman. Based on emotions and not being able to take responsibility. I don't even want to share my species with you. (You) utterly disgust me.

Facebook next trillion dollar company you'll see

>>12199047
Your chart is shit. There were two rate hikes during Obongo's presidency.

on my demo trading account I bought SQQQ, it's up 18%, should I buy it on the real account?

>>12197905
SRSP are a few weeks away from their first production of the Ororo Field.
Diamond in the rough even with current oil prices.

I bought 100 shares of SVXY 5 minutes before the close. Feels good

>>12198958
fuck, I still love this image so much.

i'll hack the meme-frame!

Holy fuck

Facebook is at $124. Down 30% for me now. And the company is still worth over 300 billion lol...

Index fund during a recession?

>>12199657
I may be about to put every dime I have into SQQQ, and borrow every penny that I can borrow and put that into it too.

If I'm right, I make a shit-ton of money, which is good for me.

If I get assraped, it means the stock market reversed and didn't crash, which is good for the world.

Either way the outcome will be good.

>>12198144
>record low unemployment
Surprisingly, anon, that's hasn't necessarily been a good sign.

>>12199761
No

>>12199761
Nah, my ETFs are down 8 percent. Better than fb but still

I'm gambling a few grand on the riskiest weekly option lot I've ever bought.

I'll be fine if I lose, but what the fuck, that's like 5% of my net liq. :( I blame this general and its idiots for clouding my judgement

>>12199799
>>12199803
I see. Thanks.

>>12199816
what did you buy? GOOGL 900 puts?

>>12199472
Year isn't over yet.

>it's THE major financial crash like the one in 2007 and you're balls deep in stocks
what's the least painful method to kill myself?

Trump isn't actually going to fire Powell right? ..right??

>>12197912
Reading The Culture of Critique right now, pretty based and well documented book for all aspiring enlightened.

>>12199943
Its not yet a crash for the sp500, we're a bit short of 20%. I dont believe in a 50% crash a la 2008, it'll come later, I'm really surprised this correction has so much gas.

>>12198100

Dip? The correction down hasn't even begun in earnest.

>>12199764
the thing is I have money invested in the market.

this would be an hedge.

>>12199916
Cope

>>12199968

I will accept the belief that we're going down by 50% if you show me the cause of the drop. We still have no Lehman Brothers situation from 2007

>>12199990
what was the reason for the dot com crash? It's pure overvaluation.

>>12199994
>overvaluation
the only one thing being overvalued is US dollar

>crash because of NOTHING
>panic because of NOTHING
>sell because of NOTHING

>>12200021
bulls didnt ask for a reason when the bubble was being inflated but suddenly demand one when its being popped.

So uhh, Next week is probably pretty bearish too huh

>>12200090
next week is hard to predict. We are going down over the next month but next week may bounce. I'm 1/2 on monthly puts and 1/2 in cash.

>>12200090
circuit breaker next week

>>12200111
Ouch itll be september 19th with TLRY all over again, hit the breaker 4 times iirc

>>12200090
people will sell shit they plan on rebuying in january, unless it's a dividend yielding stock

t. alpha nigger

Facebook devalued over 300 billion this year. Where did all the money go

>>12199968
Yeah
In 2008 we had hidden shenanigans in pretty much every financial institutions' assets (Asset Backed Shit)
No such things here yet (I think the main issue may come from Europe with their sovereign debt and the EUR)

>>12200152
at this point, it blatant obvious market telling us something wrong
people cant keep saying "the markets wrong not me"

there is systematic problem out there, humans just no smart enough for seeing it ye

>>12200161
Yeah, the market is such a weird person sometimes

You have Autism

>>12200161
I think the problems the markets see are debts and growth concerns and how overleveraged companies are globally
I think we are due for a consolidation phase

>>12200179
>Didn't retort any of my points
>He still thinks he has the high ground
Cope Harder

Please mark zuckerberg get your company back on track

>>12200152
>>12200182

The housing bubble was just facilitated by low interest rates. From 2005 to 2008 the Federal Reserve had rate hikes, but those hikes didn't impact until much later when people needed to refinance their shitty zero interest loan a few years down the track.

The same is true today, but we were never going to be able to get to the 5 to 6% interest rate that it was prior to the 2008 crash because of how much debt was funneled into the system, and how long interest rates were at zero.

The market is shitting the bed and it's not even 3%.

I think the reason why the US was able to rally so hard since Trump's election is purely due to his irresponsible fiscal policy which has emulated Reagan in cutting taxes but increasing spending.

BULL MARKETS NEVER END

>>12200223
Can he even do that?

>>12200233
He hired him, sure he can fire him?

>>12200152
>In 2008 we had hidden shenanigans in pretty much every financial institutions' assets (Asset Backed Shit)


This is how hopeless bulls are. Remember in 2008 the market went down, people said it was nothing then it went down a lot THEN people tried to figure out why and thats how we know. Where do you think are now in that cycle? Companies are slowly downgraded to BBB/junk status. They were only being kept afloat by a rosy macroeconomic forecast and projected earnings. Any downturn will cause a positive feedback loop. This is just one possible cause.

>>12200223
>>197431725
BREAKING: Trump has discussed firing Federal Reserve chief Jerome Powell as his frustration has intensified after this week’s interest-rate increase and months of stock-market losses.
> Advisers close to Trump aren’t convinced he will try to do it, but say he wants to.
Trump has talked privately about wanting to fire the Fed chair many times in past few days.
Any such attempt would have potentially devastating ripple effects on markets, undermining investors’ confidence in Fed’s ability to shepherd the economy without political interference.
It’s unclear how much legal authority the president has to fire Jay Powell.
And at least one of Trump’s economic advisers, Kudlow, has said a president can’t fire Federal Reserve chair without cause.
That hasn’t stopped Trump from expressing his desire to get rid of Powell.
: BBG, JJ.

>>12200223
Trump has gone mad. Let the fucking markets correct or it just gets worse

>>12200274
kys

>>12200223
>>12200263
>>12200240
MAGA

>>12200261
Damn, and I can't even sell my Faceberg shares because of holidays

>>12200223
>>12200233
>>12200240
>>12200274
>>12200281

NPCs, it's all posturing. He needs to introduce the possibility that Powell could be fired to fuel speculation of a possible market rise as a result of it. This speculation will lessen the decline in the market. Moves like this are how the fed and other institutions drive the market without actually doing anything. It's all a fucking game. Have any of you ever played poker or been good at a game where the goal was to project information to make someone act in a certain way? This is extremely basic shit and it's amazing how few people realize this is how things work.

>>12200308
I do understand that. I'm still not going to discount the madman, he might just do it.

>>12200311
This is why Trump is so amazing at the game. He makes you think this. And he often will follow through to establish the precedent for next time. But he won't fire Powell. At least not yet. Someone needs to take the blame all the way down, not just at the start.

I wanna learn enough to be a successful trader.

Is http://4chan-science.wikia.com/wiki/Economics_Textbook_Recommendations a good list to follow?

>>12200344
>economics
basically ignore all that if you actually want to make money trading

>>12200344
Economics isn't a real science and macroeconomics is tarot card reading tier stupidity.

>>12200367
Why ignore economics?

Also what would you recommend?

>>12200378
Its a social science that studies how limited resources are distributed, if you want to learn about trading then you should look for books about finance and trading

Facebook has NO DEBT
Several billion monthly daily users!
60 billion revenue

So now that only Europeans are here (and alcoholic american anons who managed to avoid sleep), what funds do you guys even invest in? The US market, right?

>>12200344
>>12200367
>>12200375
You dont learn economics if you want to be a successful /trader/, if you're trading at any rate shorter than a couple months you're basically gambling and youre better off learning technical analysis or whatever.

You learn economics if you want to be a /successful/ investor. It's good to know mainstream econ. But you should also have a grasp of the overall meta of the field, its history, and the heterodox alternatives. I suggest starting with contending economic theories by richard wolff, then go through Adam Smith, David Ricardo and Karl Marx. Understand what drives long waves and form your strategy around those long term trends. A fundamental understanding of statistics and probability is also helpful.

>>12200453
Facebook, Bayer, Daimler, Celgene, s&p, etf World

That's where I'm invested in. All down heavily

>>12197905
Is it now a good time to buy in, or has the bear market only just begun?

>>12200594
>Is it now a good time to buy in
Maybe.

>>12199990

>We still have no Lehman Brothers situation from 2007

First of all, by the time the public sees it, it’s too late.

And if it happens this time, it will be Deutsche Bank.

>>12200344
>>12200516
Adding to this to not read the textbooks. Read the books written by the actual originators of the theory. Textbooks manage to somehow oversimplify the subtleties and dilute the core message.

Also, play some market before you try to using real money. Managing a lot of MMO money help me see market phenomena first hand which attached an intuition to otherwise abstract concepts. If you're planning to short a stock, you better know what accumulation looks like, not just what it is. Someone might look at how down we are and think "Only 1% a day, it might be the bottom soon". Funds have been selling the volume distribution all this week. I did the exact same shit when I would put more potions up on the weekend vs weekdays because that is when the most sold. This tells you that they want to sell without lowering the price because they have a lot to dump and we are going a lot lower.

>>12200392
Social 'sciences' are not sciences, that is just Marxist ploy to make you think your son cutting his duck off and twerking in a gay bar is backed by the ever increasing progress of humanity.

>>12200516
>>You dont learn economics if you want to be a successful /trader/.

This. Based Taleb.

>>12200213
The main difference was that in 2008, you had a shitload of """safe""" ABS disseminated in almost every respectable financial institutions
When it appeared that those ABS were shit, everybody was impacted

I don't think we have something like this nowadays except in sovereign bonds. Especially Euro bonds.
Everybody sees them as safe wheras in reality, they are at an election away from being worthless (see the Italian political clusterfuck)

>>12200793
Decent enough advice.

>>12200833
>you had a shitload of """safe""" ABS disseminated in almost every respectable financial institutions
if everyone thought it was safe how was anyone out side those institutions supposed to know about it?

>>12200213
Monetary and fiscal policies work in tandem
Emperor Trump knew uncle Powell is a rape hike guy (like Reagan and Volker) meaning the dollar supply will be drained
So that is why he spends money in public projects, so as to ease the monetary pain

Besides, by restricting access to USD, Trump would force countries to renegotiate trade agreements because they have to do business with the USA if they want dollars

>>12200516
>Karl Marx

What could someone who has never worked a day in their life possibly teach about making money?

Id like to see a bottom on Monday S&P2400. Its following a pattern, but with the volatility could just as well break though the channel to who knows where.

>>12200859
Marx has good criticisms just bad solutions.
Just flip the script on every criticism.
>People without capital are raped by those with it turns into...
>Using your capital to rape those without it
etc

>>12200261

Some wisdom in the thread, at last....
Yeah bulls, fitting name actually, in spanish bullfighting they're hopeless too.

>>12200926
Will Facebook rise in the future

I love the fact as the economy slowly goes down, the numbers of Marx posters keep getting up in /biz/

>>12200179
free markets work like artificial general intelligence
our brains just grind to a halt when we try to understand the complex system and whats it telling us

DAMMMIT TRUMP, GET OVER YOUR STUPID WALL

MONDAY IS GOING TO BE A BLOODBATH AGIAN

cozy saturday sharpening my algos on this crazy week of data.
hoping to be ready in time for the new year.
embrace the chaos, frens.

So use the shitty E-Trade scanner with these settings, and thoughts or suggestions?
Market Cap: 200.000 B - 15.000 T, 10.000 B - 200.000 B;
Price Range: $20.00 - $50.00;
% Chg 10 avg Day Vol vs 13 Week avg. Volume: 25.0% - 50.0%;
Beta: < 1

imagine if Powell gets fired
how did Americans do this to themselves? it's like watching an empire getting destroyed from within

>>12201042
I stopped giving a shit

Already lost several k investing in Faceberg and I don't expect to get a single dime back. Fuck me life lads

>>12201314
>it's like watching an empire getting destroyed from within
what an unprecedented event

>>12201042
Wall means wall

>>12201242
drop the price criteria. also check out the free version of ninja trader

>>12201354
well, I wasn't around during the collapse of the Soviet Union so I am experiencing for the first time

>>12201390

>>12201390
Will Facebook survive the crash? Or Celgene at least?

Hope Pfizer or novertis buy Celgene. It's only 40 billions worth atm

>>12201408
>Will Facebook survive the crash
probably, but I don't think it will return to current levels
also fuck Novartis, too many scandals surrounding them

>>12201390
Way overblown. Soviet never had military supremacy over US. US can safely maintain military hegemony well into the 2050s.

>>12201451
Think your missing the point lad.

>Every time people say it's purely Trump's fault for the market shitting itself I have to painfully point out it's the independent fed which has a lot more of an effect on everything
>Now it might actually be Trump's fault for the market shitting itself
Goddammit you orange retard

>>12201515
Lets peel that over inflated satsuma.

>>12200453
just cash and a small bear etf

Last bizmass I gave you my coins
But the very next day, you dumped it away.
This year, to save me from fear
I gave it to vanguard total

there is a clear consensus that the market is about to rebound for a wave 2, right? At worst Monday should be a big hammer. Ton of sectors are short term bottom, vix is peaking, big volume on capitulation. Should get a week or two of green to find some new short entries

>>12201405
That chinky river all the way down

>>12201833
Only thing I can see extending it is people panic pulling out before Christmas.

The American empire isn't going anywhere, and I say that as a non-American. There's no other power to take its place.
Russia? No way. They have neither the financial capital nor the human capital to build a strong economy and a stable society on. Pretty much the same goes for China. These countries might have strong leadership, but very little innovation themselves compared to their size. China might have grown its middle class, but the fundamentals of their society and their mindset will be a blocking factor in their long term growth.
Worst case scenario for America is multi- or bipolar world order, with the other big players becoming stronger in their sphere of influence, but there are long decades to go before any other country would even come close to America's importance.
And Europe? Europe is a joke as it is now.

>>12201405

>"histomap"
>world history

whoever made that is retarded

>>12201833

bounce to 255 area, then finish wave 5* down should end at 230ish, then sideways. Sometime 2019 we start the big move down to 212 area

Overall I really don't expect to go below that but who knows

>>12198535
This is genius but whats the time frame for a bounce?

>>12201947
this feels exactly like BTC, its eerie

>>12202068
agreed. Shitcoin was overvalued

Holy fuck guys, not to fear monger here but when is this shit going to stop? I have never seen my mutual funds get this low. I might have to move back to my mommy's place if it gets any worse...

So I signed up for a degiro acc and am unable to find any US securities. Am I the only one?

>>12202304
who cares if it gets worse?

just buy more like lmao use cash flow to get cheapies

>get some money for christmas
>can't bring myself to spend it on myself
>haven't taken a travel vacation in almost a year
>never spend money on entertainment
>eat the same brown bag lunch every day, grab a frozen pizza or fast food as a treat once a week
>invest every cent that's saved
Anyone else like this? It's honestly not too bad. Growing up in poverty is comfy later in life

>>12202366
It’s how your supposed to live until you get your money ball rolling. Buy property.

>>12202366
>Use your disposable income to buy stonks cause you like watching the numbers go up
>Buy divvies so you can buy more divvies so you can buy more divvies
MMO conditioning is useful sometimes.

>>12202366
Investing is a meme

I 50 percent of my money into Facebook and I'm about to lose it all. Already down 30 percent

They said NEXT TRILLION DOLLAR COMPANY

>>12202629
why are you still holding

>>12197990
>>12198001

Holy shit, thank you both. I put in $415 play money in September and just as I made back my commission cost, it all tanked and has never gone up. Selling at any point now is pure loss so I keep thinking I can cover at some point but...

>>12202479

>buy divvies

I heard your money either sits there or goes down. I put it in growth stocks and watched them tumble.

>>12198181
>probably, but I don't think it will return to current levels
>also fuck Novartis, too many scandals surrounding them
Agreed. Although when Conan O'Brien was a writer on the show, it was pretty epic.

>fell for the Vanguard LS 100 index fund meme back in September
cash out now and rebuy at the bottom or just hold?

>>12202771
Im perfectly happy with share price staying there, as long as the dividend is well covered and grows from time to time.

>>12202778
you're not going to be able to pick the bottom, so if you're feeling like you want to panic sell, just panic a little and build enough cash that will let you sleep at night comfortably. then you can go and time that perfect market bottom.

>>12202460
But I don't like taking care of property. Index funds are ezpz guaranteed and no hassle.

>>12202629
I have some FB, and I'd just hold throughout. There's enough meme products FB has to rise again. You have an entire lifetime of money to invest, don't fret over what you currently have in FB if the anxiety of another 10% drop is keeping you up. Just invest in index funds from here on out and keep your FB stocks.

>>12202304
boomers are checkmate locked into their mutual funds
Wall ST free for infinite dumping on us for 5 years if they have to

expect some stabilization and then another big drop

>>12202100
stool and peepee 500, the true brown pill investment

Stay Calm and Trust Trump

>>12198523
is only going to get better because we are still not at bottom.

>>12202896
your post was so made me cough up blood, ty

Here is the plan boys. I have 50k right now. With Robinhood gold I can invest 100k on margin. When the s&p hits 2200 I start buying ProShares Ultra S&P500 which is a triple leveraged etf. I think there are some restrictions with Robinhoods margin, so some of it might need to go into normal SPY. I keep buying as the market keeps falling.

If all goes well I am sitting on 6X leverage. I double my money for every 17% S&P increases.

so we just keep buying, right? make our monthly SPY and QQQ purchases and forget about it until next purchase time?

Honestly speaking I've been thinking of weather a companies profit and financial standing is more important than it's ethics and good deeds toward society. I think the good ethics is slightly more important, what guys think?

>>12200111
checked

>>12202924
Get the fuck out of here.

>>12202833
Yeah you are right... I'm just one year into university and so the minus 30% translate to 1500 euros

>>12202924
It's not unimportant. Else Facebook wouldn't tank this bad

>>12202914
>I predict the market will drop
>my plan is to buy at what I think is the top on ridiculous margin
I can't see how this will go wrong

>>12202914
high risk, high reward. hard to comment on your plan without knowing how much discretionary income you're pulling in. personally it's too rich for my blood, and i have a high paying job.

>>12202917
that's what i've been doing for the last 15 years and it's worked out well, not to mention imposes little stress to pick market bottom/tops.

>>12202924
i don't agree with you, but there's an ETF for that regardless. https://www.fool.com/investing/2017/07/17/top-socially-responsible-etfs.aspx

>>12202966
My stop limits already hit and rebuy orders are in. 80% anyway.

>>12202799
Fuck it, I'm going to leave my cash in there and wait until my 3k scholarship money drops in March and try to time the bottom next year

>>12202924
I dont buy cigarette companies for this reason.

>>12202990
if you're a student, that 1700 is going to be worth a lot more to you now than it will be once you're working and making consistent income. it's a good idea to start investing early, but don't sacrifice too much as this point. you've got a lot of time.

>>12202864
T. Salty zoomer

>>12202924
Thoughts like those is a sign you are not Jewish.

>>12202966
bottom*

Its fine. As long as the S&P doesn't fall 17% from where I buy I'll be fine... Otherwise Robinhood will margin call me, but that won't happen it would mean it would be at 1600, which was the price in 2013.

Maybe I should lower my margin a bit.

>>12203022
Margin math doesn't work the way you think it does bud.

>>12203011
Thankfully my boomer parents are paying for my uni living expenses so the scholarship money is usually 1/3rd "fun" and 2/3rds saving/investment

>>12203015
-_-; what the heckies am no even salty

>>12203022
this>>12203027
also I'm interested to hear why you think 2200 is the bottom, seems pretty arbitrary to me

i wouldn't recommend any plans of utilizing margin until you bake a 40% drawdown into your assumptions. personally I dont think that's going to happen, but history gives us more information than our gut.

>>12203027
It does actually. The triple leveraged etf raises and lowers at about 3X the volatility as a normal SPY etf would. Robinhood's margin is just a loan from them that doubles your available money, which means I have 100k to invest into the triple leveraged etf. If SPY goes up 17% SSO should move about 50% (historical data proves this is more or less true). Because of the Robinhood loan that means I double my money with that 50% increase.

Sounds like you're just afraid to make money??

>>12203049
I don't think it's the bottom, but you can't time the bottom. I am starting to buy at 2200. Seems to me like that is the best case scenario for this dip bottom. I keep buying as it goes down and then back up over the next few months.

>>12203073
you sound like someone who about to be liquidated

>Sounds like you're just afraid to make money??
are famous last words

can anyone tell me about the time vix got removed and if it might happen again

>>12203040
Zoomer cope

>>12203049
>what is the rate of supply halvening?

>>12203065
%40 is really optimistic anon. %60 is more realistic. IF hysteria takes over and government can't control it, it can go as low as %90.

In nowhere of history so many common men were part of the stock market.

>>12203065
interesting hwo the dot com bubble was 'only' a 37% drop, if we do that again we are already halfway through! barely even enough time for some cheapies, bears die so quickly and we go all time highs so quickly, feels good man

Next Chapter in /SMG/
>>12203114
>>12203114
>>12203114

!!

>>12203116
you're retarded.

>>12203099
Pussy. Enjoy being a poorfag forever. I can just kill my self if things go to shit. Its called hedging.

>>12203065
Good advice. That would put the s&p at around 1750.

Hey Faggots,

My name is Jerome, and I hate every single one of you. All of you are poor, retarded, degenerates who spend every second of their day looking at stupid ass charts. You are everything bad in the the economy. Honestly, have any of you ever gotten any profits? I mean, I guess it's fun making fun of people because of their gambling addictions on weekly options and chinese scam stocks, but you all take to a whole new level. This is even worse than buying BGFV at $9.50.

Don't be a stranger. Just hit me with your best shorts. I'm pretty much perfect. I am Chair of the Federal Reserve of the United States, and hand picked by President Trump. What investments do you make, other than "buying the LCI dip because of muh share structure and epic short squeeze"? I also get mad gains, and have a banging hot interest rate (I just did some rape hikes; Shit was SO crash). You are all faggots who should just liquidate your portfolios and apply for a job at McDonald's. Thanks for listening.

Pic Related: It's me and my FED Funds Rate.

>>12200308
Imagine being this low iq

>>12198127
It depends. Are you a female? If you are not. Then you must be a white male that is under 5'5, around 110lbs, have long hair, very feminine features, and must be able to satisfy a black male that is over 6'2. Thoughts?

>>12201876
That there is no big power to replace the US doesn't mean that it's empire won't implode.

>>12200850
I know trump doesn't care about the public debt very much but it still does't make much sense for a lot of reasons. 1, it's more expense for the US to do a bunch of fiscal stimulus while rates are higher. 2, crowding out means that the govt is absorbing more of loan-able funds while liquidity is being restricted.

All that said, Trump hasn't even done that much in public projects yet. Neither infrastructure spending or the wall have been passed as of today.

>>12200859
Isn't the point of investing to have the ability to not work? lol

>>12200894
Marx had relatively few normative criticisms, you can't really "flip the script" however on how the material development of capitalism undermines its foundations.

>>12200308
Put your money where your mouth is. Show us a long position on S&P futures or something.

CGA price target 11 dollar