/biz/ - Business & Finance

>buy SPY 7/31
>-15% now

>>15130914
le fute gorl
lolle

>futures
See you guys at 260.

>You have no idea how bad things really are.

god damnit rkg you need to inform the thred when you're making new. Now I have to delete the one i made.

>>15130914
>>15130929
>>15130931
>>15130939
>>15130949
>he bought the peak

If you are not buying this dip you are never going to make it

literally free money

It's never seems as bad as it is

yess ... yesss

very nice *licks lips* shhhhlurp ... stonks ... you have ther

it would be a shame if someone were to ...

*licks lips* shlllllurp

just to take a little slpspspslps ... a tiny little

>total embargo of communist china

Here's the reason Bezos is uploading shares (at least part of the reason) https://www.cnbc.com/2019/08/05/amazon-ceo-bezos-sells-over-2point8-billion-worth-of-stock-in-a-week.html

>>15130962
How do I go back to last week so that I can buy SQQQ?

>>15130939
there will be furious buying at 270. It may continue to drop from there in time but will not drop straight through that level unchallenged.

Anyone buying or think the market is due for another down day or two?

>>15130962
It's not just peak
this was my first invest after 1.5years of the preperation
God I should never step into /biz/ at the first place

>>15131017

One more at least.

>>15131017
Still a big falling knife. Might be some increasingly eager catchers, but the first ones will for sure be JUST'd, I'm giving it another week

>>15130979
I wouldn't aggressively invest at this stage. We're right around the corner from a recession and this may be the kickoff. All the 'big name' stocks are way, way overvalued.

>>15130961
ME GAVE YOU 30 POSTS FOR MAKE THREAD

>>15131017
tomorrow will surely be red. the day after too probably. once the 'uncle powell will save us' hopium get's unleashed things will start picking up.

>>>15130914
>>>15130202
>>>15130418
>>>15130997
VBA niggers get in here and "rise up" as they say
did anyone screencap when I said over the weekend that TVIX with hit $35-$40 this week? I still think it will.

>>15131036
We are right around the corner from S&P 4000

Gonna buy more AMD this week.

>mfw

I just lost 1 year of gains.

If I prove myself that I'm retard and has no responsiblity to invest at the court, can I nullify my deals?

>>15131017
At least till wed.

Buy the dip

>>15131001
Try last month, brainlet
I'm thinking of retiring after today's haul

>>15131020
Wait what did you spend 18 months doing lol
Watching?
Last December wasn't juicy enough for you?

>>15130914
An OP for such a respectable thread as /smg/ should not be caught lazing around in her underwear ..

>>15131044

AAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>15131080
What? No you got to let it ride.
Call the bottom, and then switch to tqqq

>>15131044
le big yell gorl lolle

>>15131082
jews won't let me withdraw a cent from the deposit untill last month and I've got little excited too much

>>15131053
forgot to post a gun. I'm too much of a chad not to

>>15131061
The moment we hit S&P 4,000 is the moment I take all the money out of my bank account and immediately convert it to gold.

I will remind them

https://www.cnbc.com/2019/08/05/us-treasury-designates-china-as-a-currency-manipulator.html?utm_source=share&utm_medium=ios_app

>One of the worst insults the PRC could face

https://www.cnbc.com/2019/08/05/china-confirms-it-is-suspending-agricultural-product-purchases-in-response-to-trumps-new-tariffs.html?utm_source=share&utm_medium=ios_app

>This is only the beginning

This trade war is going to hurt everyone, everywhere

>>15131111
well fren, then you miss the trip to S&P 7500, so that's sad

>>15131117
>One of the worst insults the PRC could face

I guess. It's true though. Or looks like it anyway.

My SPTL position is looking super comfy right now. Anyone who isn't already balls deep in long term bonds is a brainlet. The fed is going to continue slashing rates and 2019-2020 will be a golden bull run for bonds.

>>15131111 (quads!)
>paying short-term capital gains tax

>Goldman projecting no China trade deal before 2020 election
buckle up buckaroos

WHY IS IT STILL GOIBG DOWN!?!?!?

I BOUGHT THE DIP TODAY

MY WIFE IS GOING TO KILL ME

Now I understand what the Neo China Arrives From The Future means.

>>15131106
I was joking bc of how little money I had invested. I should sell two of my pre-ban gats for $12k total and keep this roller coaster going - but with the current political environment guns seem like a good investment for future black market sales or civil disobedience, in minecraft.

I feel like /k/ and /biz/ is the coolest two board combo. add in /lit/ and /ck/ and baby you've got a stew going

>>15131186
i always wondered about this in america, aren't there easily obtainable modifications you can do to make guns automatic? how hard can it be with modern CNC machine?

Haven't seen /smg/ this active since 2015. Almost 350 from the last thread, wow.

>>15131061
Boomer boy has record levels of cash at Berkshire hathaway since he knows the real cheapies are coming soon

>>15131217
down days bring in the bear shitters, gold bugs, and doomers

>>15131172
They have no data to support that. It's pretty much we want moar cheapies the shitpost. Of course they may be right, but there's no basis for that opinion and time line other than shit looks bad right now.

Either way is fine with me. I just want the markets to enter a solid trend and break out of this crab shit one way or the other. I have had to make way more trades than normal this year and last. It's too hectic.

>>15131176
You have to batter your wife to distract her from the trade war
Or just blame it on orange man and the Chinese

>>15131172
rule no. 1 of investing always do the exact opposite of Goldmans public forecast

>>15131262
I thought that was rule number 8

Whatever bros , I'm liquidating while I'm still green See you back in December. Goodluck have fun.

>>15131277
depends which version you get m8

>>15131176
cry infront of her
>"I-im so sorry-"
it always works

Thinking about buying my first short knock out product the next few days (don't know if it's the correct name in english. barrier option?) since everything is falling right now. Any suggestions which underlying I should choose? Thought about Daimler or ThyssenKrupp. Maybe a chinese stock?

If this is a dip why people sell?

Hedge with this Pump&Trump! Hopefully I don’t lose $600 in 5 minuets tomorrow

>>15131316
Because it'll dip some more.

Uh oh, things are heating up in Venezuela also. U.S froze all it's assets.

>>15131303
Wait what is wrong with you
You are seriously crying in front of your wife as a strategy

>>15131290
Peace
Nice quint (the best)

>>15131316
I would assume because of timing being among some of the factors. Like say you needed cash for the next month. You pull out while you still have enough, though not optimally, before you have less than you need. Something like that probably.

Also panic.

my only regret is that i chickened out from profiting on on the collapse after only one day and now i'm waiting with my cash and dick in my hand for prices to bottom

Memes aside. What is the minimum amount to get 'started' into stocks?

I just went through bankruptcy and lost everything I owned, but that gave me a clean slate and I'm managing my money better now. I even got a fairly nice government job.

What is some low cost, entry level shit to get into just to learn how all this works at the least?

Also, is this something I can passively do or will I have to watch it fucking daily?

t. 100% new at this shit 30 y.o. boomer

>>15131176
Have you considered... waiting for it to go back up? Treating it like an investment and not a swing trade?

>>15131388
just put them in the bank bro
you'll never bankrupt because you didn't invest

>>15131290
Good, take your haremshit with you.

I could take profits in Nintendo... or I could wait for it to get blasted back under my basis and buy the fuck out of it.

STONKFRIENDS, GIVE KURODA YOUR STRENGTH!!!

>>15131388
You can throw $20 in a Robinhood account
Also try a tradingview paper trading account (make a free account and then buy and sell from within the chart interface)

Tell us the tale of your bankruptcy. Divorce? Auto? Home loan?

I'd be buying as many T babies as I could right now. Why?

1.Stock has Dipped from the 52 week high
2. If you read the earning report kinda buried as an after thought is this little nugget "once debt has been paid down more share buyback is an option" or words to that effect. So if this happens T baby stock price will climb.
3. The Fat Divvy - Is not going anywhere, more to the point it's likely to climb.
4. Has withstood the repeated Trump Tweet Attacks and China trade shit mess.

5. He'll be there for you still in 20 - 30 years. Such loyalty is kinda hard to find anymore.

Shit... I keep forgetting about buybacks...
I wonder how low Tim will go before he buys the hell out of the dip...

What other companies are big bad buybackers?

https://n.news.naver.com/article/028/0002463658
Korea consider putting limit on short selling

>>15131319
Hey don't worry HLTHanon I'm right there with you. We're in it together!

>>15131473
>BR
I went to school, got a Bachelors (which has paid off) - but rather than manage my living expenses properly, I used credit to float the loss of income from education.

TLDR: I survived on credit when my monthly income couldn't cover, making minimum payments instead of paying credit off. Same song, different person. Nothing new.

The hilarious part is, I had a 40K unsecured credit line, but my income was 13K a year. I never once had any assets to value my credit that much. It was unsecured debt too.

>>15131198
are you not retarded and have access to internet and a workshop or have your own tools? congrats you did it

>>15131319
should i buy in now?

>>15131512
yeah there were news like "every corps buyback with their Trump Tax money instead of more invest&hiring" a week ago

>>15131082
>An OP for such a respectable thread as /smg/ should not be caught lazing around in her underwear ..
it cant be helped, she is under assault of ratsu's electric waves

>>15131553
that's been known for a long time now, what I'm not sure of is what companies keep a pile of cash on hand and strategically buy back stock on major pullbacks. Tim Apple has done this well in the past.

>>15131523
personal(-2267)
foreignors(-2724)
authority(+4940)
and IMF comes here 8/20

>>15131580
>>15131523
What the fuck does this mean?

>>15131388
It is better if you do this passively through some automated monthly saving/investing program. 2000 is a good amount to invest to keep transaction expenses low.

I sold all my AMD stocks at $34 and put every last cent into crypto. Give me one good reason why this was the wrong move considering at best it will go up to $50/share in 1 year while crypto will go much much higher than that? I like Intel getting btfo as much as you all but what is the logic behind having your money on a stock that will at best x2 what it is now and at worse will probably hover between $33-40? Is it just a matter of wanting to play it safe? Bitcoin has gone from $3k to 11k in the time that AMD has gone from $13 to $30. Genuinely curious because if you are smart enough to see how AMD has a competitive advantage over Intel for the next couple of years you should also see that there's more $ to be made from putting your money in crypto than from AMD going to $50. Or am I being retarded? tell me why

>>15131198
On the AR platform it’s literally a small piece of metal that disengages the SEER. I could mill one in minutes if I didn’t give a shit about gun laws, but I do so please ATF, don’t kill doggo.

>>15131540
I have no idea whatsoever
It’s the result of “forbearance news” whatever that means? Why is that a good thing? Anyways, I got 10k on this and I bought at .18, tomorrow I make it or it’s dust sandwich’s for a year or two.

>>15131609
Do whatever you want, but all you’re saying is you’re bullish on crypto and not in stocks, so I’m not sure why you’d post about it here.

>>15131388
look into dividend growth investing, can book some really solid gains with lots of patience. also pretty low risk compared to simply gambling on crypto prices

>>15131609
>crypto
wew

>>15131592
it means that if you wanna short Korea, do so now, and get out quick.

>>15131388
Check out vanguard ETFs.

>>15131593
Already doing that via my govt job (in fact it's forced on me)...

I'm now looking into bum fucking around with 20-40$ on something like Robin (reading about it now thanks to >>15131473 )

When I have 2-3k available to invest into other things outside of my government mandated stuff, I'll do that.


Also - what about Govt bonds? They're offered to me via work.

i got fucked today, biz.. and not in a good way

/blog

>>15131592
Japan kills korean semiconductor and display industry, which is the only stocks making actual gains for decades. And also they'll attack our banks because our banks' trust shits are rely on them.

>>15131198
>how hard can it be with modern CNC machine?

It's not rocket surgery. Just make sure to thank Old Yeller for his service beforehand.

>>15131609
>he thinks $50 is the top
I'm sick of trying to educate people on the future dominance of AMD. I'm just going to keep buying the dips and enjoying the large profits.

>>15131638
can also look into M1 Finance, no fees (like robinhood) but you can also buy fractional shares

>>15131609
>put a cent into crypto
You need to be 30+ to post here

>AMD BETAS DYZEN TO THE GROUND

whose going to buy tomorrow?

>>15131592
It mean Korean government is trying to prevent their stock market crashing

Anyone have an opinion on FUN?

Like an 8% dividend and what seems like a good possibility for growth.

>>15131670
Explain your reasoning. I haven't heard it yet. I'm also into AMD, btw fellow Chad.

>>15131685
Depends on prices.

I bought some NRZ and PEP today.
Still eyeing my favorites, no reason for UNH to be getting beaten up over trade.
What's your plan?

>>15131670

ryzen was a flop and amd stuff on mobile devices overr heat

>>15131388
Divvy stocks are good. But after a certain age you hit a wall. Divvy's work best if you got time on your side. Younger age = less seed money needed to actually earn anything worth a damn after 30 years.
Older = More Seed money required, less time to let Drip work for you. If your limited by funds divvys may not be for you.

>>15131697
ive heard good things about it but something doesnt look right to me

>>15131625
I want to make money. In the same amount of time I made AMD went from $13 to $30 bitcoin went from 3k to 13k. How is this hard to understand? This has nothing to do with "being bullish on crypto" but from using a fucking calculator.
>>15131633
meaningless answer on pajeet shitcoiner level. Anything of substance to add?
>>15131670
My whole system is AMD and I know what they have on the pipeline and why I chose their platform. If Intel is $50 and Nvidia is overpriced at even $100 what makes you think AMD will hit $70? $80? $100?
>>15131675
Enjoy your x2 in 1 year while btc x5 in the same time grandpa. Sorry you cant figure out how to set up a wallet.
>>15131186
Ahh a man of culture. What preban gats you have that are worth that much? I dont see any point in paying premium for "preban guns" unless you live in a cucked state or are talking about machine guns.
>>15131198
it is stupidly simple in minecraft but the government will literally divert resources and manpower from fighting Mexican Cartels and hood gangbangers if you put a shoelace on your trigger or your barrel is 10cmm too short. Dont ask and dont try to make sense of it because it doesnt thanks to you-know-who.

>>15131388
Look for all in one etfs. You can check vanguard like the other anon said. You can choose between different ratio of equity/bonds. You cant really be wrong with this. And it is better to be passive. Dont try to buy/sell like crazy you will just loose money. Investing is for long term.

Volkswagen stock is still undervalued because of that diesel nonsense. Prime time to buy.

>futures went flat
wow, thank god

That's it. I'm finished with this rigged market. I just load up on SPY puts this morning. Asian markets blood red. Futures blood red around -1.7% and suddenly we went green on no news? RIGGED SHIT. IM DONE. IM FUCKING PISSED.

>>15131811
mint FN FAL 50.00 and TIGR
also the best condition Murata Type 22 in existence, I would value more than FAL

>>15131853
any harm in playing around with penny stocks if i keep my losses low?

Well looky here.

>>15131685

Perhaps. We'll see how the tide is behaving.

>>15131896
are you planning to bankrupt again and again till the gain like our president?

>>15131884
>asian
no only china U racist
here kospi is literally dying!

>>15131911
fuggg that body looks perfectly soft.

What are you watching?

>>15131917
it will take me 6 to 12 months to have a savings that can cover my ass in failure, during that time i see no harm in playing around with $10 or $20 in pennies. I won't make anything sure, but it'll teach me some lessons no?

>>15131943
you are gambling, there are no lessons to be learned

>>15131884
Eh, desu on these days it's probably easier for speculative longs to go long futures and pump those to their hearts' desire because there is no fucking stopping the cash trade from going lower after a day like that.

>>15131943
you can't learn big stocks by playing with tiny stocks

>>15131896
Fuck penny stocks. Buy stocks from companies that make money. Banks, credit cards, big tech (microsoft), healthcare, index etfs and federal/corporate bonds. Dont gamble with your money, especially if you dont have alot.

>>15131697
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

STAR FOX NUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU

>>15131966
heh

this rkg pretty good

>>15131885
>mint FN FAL 50.00
I would sell my car and drive a $1000 econobox before I would ever considered selling that

Green faggots

I told you it is literally impossible to lose with American stocks

I just got another letter from NRZ, begging me to do a cash-out refinance. Tore it up and threw it in the trash. Expect a big gap down at open tomorrow morning.

>>15131017
I’m betting on Wednesday

>>15131885
>Murata Type 22
plus this one for purely historical value

>>15131937
It's what happens when a chihuahua nips at a pit bull. You shouldn't have messed with an economy five times your size. Can't wait to walk the streets of Seoul and purchase beautiful, newly homeless gook prostitutes for nothing more than a can of beans.

>>15132010
Sounds bullish. Every one else besides you is probably taking them up on every offer.

>>15132002
1. That's hate speech
2. If we open green, it's going to be a massive sell signal.

>>15131939
>What are you watching?

Three things mainly. Or four if you count a reentry bounce swing on the S&P.

1. ACB. Mostly based on technicals. It's due.
2. Dr. Pepper
3. Looking for a $2 long entry on natural gas (this could be a while)

I am also running a yolo knife catch on US dude weed Cresco Labs. If this works out the way I think it might, I can maybe replace my old car this year.

>>15132019
Fucking Tenma such a cuck.
Would be nice to get Kpop stars as comfort women because samsung-land went up in smoke.

>>15132024
>reentry bounce swing
?

>>15131965
>Fuck penny stocks

Speaking as a gambler who traded penny stocks almost exclusively for about two years straight, I agree. Fuck penny shit indeed. It's not about the high risk. The problem is these companies are difficult to get tabs on in terms of executive competence and they are also the most vulnerable to manipulation, short attacks, insider info leaks that go unpunished etc.

To the anon who asked, I recommend either learning to trade options or play around with commodities like oil and natty gas with leverage. It's the same risk but much bigger pool to play in, lots more liquidity, the moves follow relatively predictable patterns in relation to global economic factors at the time.

>>15132048

Buying the dip but yanking out profit fairly quick. I think there is more downside to come for the S&P despite the bounce that looks like will happen tomorrow if futures are any indication.

>>15132018
Japs were always autists and great at firearms. Craftmanship before the end of ww2 was top notch. The Arisaka action is one of the strongest bolt actions of ww2 and their rifles are very accurate
Japan's rapid modernization and industrial development in the late 19th century and beyond is a marvel

>>15131137
VGLT master race checking in

>tank gimmie ffggt

>>15131319

kek

I guess this is why futures rebounded so hard earlier. Yuan has stabilized temporarily:

https://finance.yahoo.com/news/u-futures-drop-treasury-names-231910088.html?.tsrc=rss

>>15132136
autists yes great at firearms FUCK NO. But Imagine if they had been able to do with small arms what they eventually accomplished with the NSX, r32-34, etc....

>>15132371
That FAL drawing is all wrong
They weren't great that's fair. I got a little carried away
The Finns knew what the fuck was up tho

my 8frens got taken down, hold me /smg/

>>15132397
yes the Fins have autism and actual talent when it comes to guns unlike the japs who only had autism and an hugely elevated sense of self worth based on hubris when it came to designing weapons and gear. You seem to have a nice and classy collection so tell me anon what are you investing on today after the downturn yesterday? I wish I knew as much about investing as I do about guns

lmaoing @ the infants in this general

>>15128669
I photoshopped it
might as well

>>15132457
Same dude I'm a /k/ transplant. I'm a retard but I'm up 37% since 7/12/19
I've been holding 50/50 SQQQ/TVIX with no hedge. I should liquidate assets and bet against the market more
it's not too early, market will go down next week, but maybe do 70/30 TVIX/SQQQ then exit SQQQ after monday to play it safe
Bets right now besides volatility are just risky
What are non-derivative stocks that do well during major economic downturns?

looking forward to reading Papa Johns earnings tommrow to see starboards legendary progress

>>15132454

I was surprised they stayed up through the whole kiwi fiasco, tbqhwyf

Just dropped 10K on this dip into snss, earnings on Wednesday is gonna make me good money

>>15132464

>>15132454
NO THE BUNKER
Thats all I had to remeber Teh Profit by and now I have nothing

>>15132010
It could be because they're hoping people don't refinance due to the interest rate cut or future interest rate cuts.

>>15132454
y-you nottant gonna shoot us.... right?

Don't worry guys.. the plunge protection team will step in any day now....

>>15132603
https://www.zerohedge.com/news/2019-08-04/meanwhile-inside-plunge-protection-team-chaos
we have some fresh FUD about the PPT
less than 24 hours old

>>15132592
yeah and then I'll post my faggy fucking manifesto after I die that says "heil pewdiepie", "fortnite was my recruitment center", and "SNSS $1000 EOY"

Luckily I have a mixed portfolio of equities and bonds

>>15131388
Unironically save over time in divvy stock.

Going back with no lube

>>15132490
thanks anon I'll look into them I need to lurk more to learn more about this so I can afford to buy the guns I want and lobby for the 2A.

im scared

I can’t believe it... if I’d have actually just listened to gommie id have made a lot of money instead of losing a lot of money and holding bags. Though I did learn a bit about stock marketing, and listening to gommie would have meant learning nothing. Ah that’s life. Just gotta wait until we hit those ATH’s.

>>15132454
It’s what papa wheelie wanted

>>15132464
>is an actual child with no responsibilities other than school
>has never had an adult relationship with another human

>>15131176
>WHY IS IT STILL GOING DOWN!
>I BOUGHT
found your problem

>unemployed as the next recession begins

>fuggg :DD

>>15132465
lmfao fukkin saved

>>15132900
M-maybe let’s learn to code?

>>15132948
hey I hope you like it
you know 50 years from now you can gather all your grandkids around you and tell them what you remember about the great worldwide financial crash of late 2019.
And you can show your grandchildren on their holovisors this old photoshopped webcomic from 2019 and tell them what all the panels mean. And the kids will laugh about the resolution and the date (2010), probably not realizing what they are seeing is one of the early webcomics from the first (and possibly only) golden age of webcomics before youtube really took over everything.

You know, when days like the ones we've had the past week are driving everyone nuts, it's OK to take a deep breath and appreciate being alive. The economy is still mostly functional, no major war has broken out yet, and we are getting to experience some really interesting history in person.
You can't really truly experience times like these unless you're actually holding stocks and crypto (or choosing not to)/

>>15133032
>GRANDPA! GRANDPA! IS IT TRUE YOU'RE A RECORD SHAREHOLDER OF MICROSOFT FROM WHEN IT WAS ONLY $130 PER SHARE?
>>Children please, don't bother your grandfather. His state mandated auto-IV weed infusion isn't completed yet. You know the state classified him as a Category 2 citizen for browsing that 4chinz site all those years ago.
>AWWWWWWWWW
Oh ho ho, it's ok, Linda. Gather around kids I have a story to tell.

...

and that's why JEWS BROKE THE SYSTEM! THOMAS JEFFERSON WARNED US ABOUT BANKS AND NOW WE'RE PAYING THE PRICE! VIVA LA REVOLUTION! L'HOMME BLANC VIENDRA POUR CE QUI EST A LUI PAR DIEU!

>>Ok I think it's time for your second dose now.

NO! THE WEED! IT NUMBS THE MIND! CHILDREN LISTEN TO ME DON'T TAKE THE WEE- duuuuuuuuuuuude...

>the good news is, AMD is already down below $26 a share after hours, meaning my new options are profitable
>the bad news is that this is not really good news for long term

ok /smg/ i got a quiz for you, I got a strangle with two calls and three puts, how do i sell them all tomorrow?
all at once at open? all at once at end of day?
all calls tomorrow at open?, one put every hour, followed by the calls?

>should i just hold it all for a few more days?

>>15131355
Oh dude it’s gonna fall more today you probably made a better decision desu

>>15131685
I’m gonna slather myself in cheapies I’m pretty broke so yesterday was really good for me

I hope Trump tweets or something, I need more profits on my shorts.
Crash this market!

Remember guys money is made when everyone is fearful!

DO NOT BUY THE GREEN OPENING

NEVER TRUST A GREEN OPENING
(it's how the bogs trick you into thinking everything is okay, and then you get FOMO thinking you missed the dip)

>>15133271
BASTE GRIM

>>15133296
>t. bogs

>>15133313
this how people get hurt, dumdum

if you're gonna buy, don't buy things with Chinese exposure, buy domestic non-trade stuff. Lots of FUD over pharma and health care, but I want more Merck and UNH.

BTC going parabolic

Thank you boomers

aaaaaand we are back!

>>15133365
until i can write options against bitcoin it is worthless to me.

>>15133393
>ETH tattoo
REEEEEEE

isn't writing options for lowering cost basis when there's little price movement? BTC makes wild swings, seems too easy to get called away

>>15131870

i bought uvxy puts monday wonder where they will open tuesday

>Schwab telling me to calm my balls and not to panic sell again
It's like they can read my mind.

>>15133576

>>15133547
sell asap, VIIX is already up another 10% since markets closed

as someone who bought SQQQ puts on friday, and sold em early monday, i watched those puts drop another 50% in value by market close yesterday....

>sold some VIIX $10 calls for $10 profit last week
>same VIIX calls sold today would net me a $220 profit per option
spooky stuff

and there are ways to make options calculators in microsoft excel, or websites such as https : //www.optionsprofitcalculator.com/calculator/covered-call.html

>>15133639
vx futures are in the toilet though

>>15133689
30 minutes until we shall find out

>>15133710

Did I do the trade good, /smg/?

>you now owe 3000% capital gains tax
:(

>>15133740
Any swing where you profit is good, big or small, gains are gains

>He isn't poor and unemployed no income, so lowest tax brackets all around

Ooh the chinamen are pissed. Gentlemen, we have officially entered the trash talk and shaming phase of the trade war. I look forward to The Donald's venomous riposte, on twitter, tomorrow.

https://www.investing.com/news/economy/offshore-yuan-hits-record-low-after-us-brands-china-a-currency-manipulator-1946483

Lost 15k yesterday on the ASX. To make matters worse, none of the shares I want to buy are cheap enough yet

>>15133998

What was your portfolio?

A loss is only a loss if you realized it.

>>15133998
most of the asx lost 2-4% today
a few months ago i almost invested in RFF ASX (rural funds), today they were accused of fraudulent financials and dumped by 42%

>>15133761
How the fuck did the Burgers decide $15/h was a good idea btw?

>>15134020

Probably inflation adjusted min wage from the late 60s.

Which is more along the lines of $17 per hour, but $15 is a nice round number.

If the Democrats get in this time they're gonna go full MMT on dem programz.

>>15134020
That would reach the dems goal of having a unemployment increase and thus an increase in those dependent upon gibs(which the dems are also offering), without being too conspicuous about it.

>>15134038
>when you could buy a house on your salary as an assistant at the auto mechanic
Must've been nice when blue collar work could buy you a comfy life.

I think the idea is also to make the wage disparity less severe, but lol no we're never going to pay our executives less, fuck poor people.

Don't @ me, I'm not saying we should go full commie.

>>15133998

>He didn't buy Lynax

I'm up 8% today. Seriously buy Lynax: it's the one rare earths manufacturer outside China. The trade war is good, the Americans will need rare earths if China blocks their supply.

>>15134050
Interestingly, in states where they've raised the minimum wage in recent years, economists didn't see the decrease in employment they expected.

Could be one of those links that is getting less and less relevant, like the Phillips curve.

>>15131685
I just sank 500k into triple reverse leveraged etf UK3S.L. FTSE about to get flushed down the toilet.

>>15134061

>I think the idea is also to make the wage disparity less severe, but lol no we're never going to pay our executives less, fuck poor people.

Well the elite of the Democratic party are the CEOs of major tech giants and what not. They are America's managerial class.

Nobody wants a pay cut though. Even multi millionaires.

China now saying they are pushing for their open trade shit.
So trade or no trade China? Make up your damn mind

>>15134038
>>15134050
Sounds logical
>>15134061
>>15134072
Interesting

Thanks guys!

>>15134089
>Well the elite ... are the CEOs
lolyes

I'm sick of this party bullshit, we're all getting played.

Trump and AOC love each other. Whenever one of them launches a big stupid attack on the other, you know the donations just pour into both of their campaigns.

>>15134175

It's more like the Democrats are the main script, and the Republicans are the party that is meant to have policies that are in opposition to the script, and do during election years, but instantly follow the script once elected.

Trumpism is a failure. He promised big and he had the mandate to implement it, but he fucked up.

He fucked up as soon as he started appointing the who's who of ex Goldman Sachs bankers.

His White House staff list reads like a Tel Aviv phonebook.

>>15134088
How to achieve reverse leverage? Is this a UK phenom?

>>15134227

It'd be a short ETF with x3 leverage that tracks the bong market.

Kinda like SDOW or SQQQ

>>15134220
>It's more like the Democrats are the main script, and the Republicans are the party that is meant to have policies that are in opposition to the script, and do during election years, but instantly follow the script once elected.
I think both parties feel this way about the other.

And the politicians encourage it. We had dems saying McConnell wouldn't let them pass anything, now repuclicans saying the dems are obstructionist.

>>15134235
This. I'll be out at 4pm and we'll see what damage has been done. Wish me luck.

I just made 3 bucks with a trade and feel like a god! I finally overcome my trading fear guys!

>>15134445
Just wait for that FTSE flash crash to 6500 after lunch.

>>15134461
>crash to 6500
I have my doubts

>>15131943
Yeah, with a $5 minimum fee on each trade

Anyone here trade futures? Seems like it would be a good time to start with the resent volatility this year. Was looking to start and was wondering if anyone was experienced in it.

>>15134642
I trade CFDs which is the same with more leverage.

looking like i'll make it out alive from my uvxy put yolo yesterday

>>15131186
Gun companies like to spread fud every so often about guns being good investments due to the gubmint taking them away soon in order to increase gun sales, but I don't think there's been a period where that investment thesis has actually panned out. It tends to just lead to a glut of guns on the used market.

If you're buying guns as an investment, they better be rare collectibles that have some kind of historical value.

>>15131870
It's "undervalued" because it's a car company near the top of the business cycle, with no growth story, and which has lost its historical moat (supposedly having the world's best diesel engines, which turned out to be based on literal fraud).

My friend who is generally smart and right about things told me now would be a good time to buy stocks. I know none of the terminology in here but could throw a few thousand in if I really, really felt like it. I'm sure i'm definitely not the only person to ask this question constantly.

Is there any real chance of significant return for someone as uninformed as me?

>futures green

I feel robbed, it better tank again

>>15134766
would you be surprised to know that uninformed investors beat active traders 99% of the time?

>>15134543
What could possibly trigger it? Maybe a panic rout of HSBC stock within the next hour? Things are getting twitchy...

I don't want to get out of bed. What's the point of labour when you lose more money than you can make?

>>15131896
Avoid penny stocks. If you buy them, buy companies in areas where you have domain-specific expertise.

For example, if you are an engineer you can buy companies related to your specialty that you know are likely to outperform. If you have a degree in a biotech major you have an edge when investing in biotech. Etc etc.

But overall, penny stocks are like a lottery ticket with negative expected gains compared to just investing in an index.

Apparently some Korean local government are putting up these flags on the street

>>15131062
don't you think it's a bit overvalued currently?

This is your last chance to exit with just a minor loss.

Consider this your last and only warning.

>>15134907
According to his facebook post he's an autistic narcissist and done this for PR(with the city budget, and his own independant judgement). But who the fuck would care when the photo has already spread? We're losing it.

is it habbening?
should I be stockpiling food?
what the fuck is going on

Green futures are fake and gay?

The only true dip is WW3 dip

>>15131234
>Doomers
Nailed it, I've been gone since December fiasco went away.

>>15135053
Yea the war rations are going to be shit this time around

>>15134766
Yes. Buy the crash and you will double your money within 2 years

selling my shit ASAP when market opens

FUTURES +.91% WTF HAPPENED!

>>15135299
Didn't you hear? The trade war is over!

>>15135339
Just got home from work... Tendies to be eaten tonight!

>>15134886
What's the point of labour when you gain more money than you make as well?
I also find it difficult to work when the daily fluctuations of my portfolio in a day are more than what I can save in a month.

>>15135372
working nights?

>>15135299
China pumped the yuan below 7 to prove that they are not manipulating their currency

Good morning!
How was everyone's night?
I worked until 10:30 and then got home and did some shots and played a little FIFA.

https://www.youtube.com/watch?v=6CHs4x2uqcQ

the stock market is such a joke lmao look all that green in futures

>>15135339
Keep in mind that the world is in worse shape than the US.
When your alternatives are foreign stock markets, negative yielding bonds in EU and Japan (even negative yielding junk bonds!), US stocks and the dollar look pretty good in a global downturn.

>He didn't long the market after yesterday's dip

9 times out of 10 the market bounces for the next few days after a loss like yesterday. If you're mad about the green today you are beyond hope.

>>15135299
>>15135438
>>15135467
Opportunity to buy cheapies
BUT if North Korea attacks Japan or Iran attacks a tanker, selling could easily get going again

>>15135438
Finally someone who actually understands why futures went from red to green.

Really though you gotta have a plan in mind and then stick to it. It's easy to get side tracked when Cheapies are falling at your feet. But sticking to the plan will pay off for you in the long run.

Sure it may all blow up in your face, but that's true with anything. Diversification is good but two much of it and your spreading yourself out to thin in terms of bang for buck returns.

>>15135482
Bought a shit load of cheap MSFT and AMD calls. Although ngl i was scared as shit last night

>>15135482
Yep, but in this climate one piece of news or market fuckery could send everything down again in a blink. Gonna be a hard decision whether or not to hold on to these 8/30 FB puts.

>>15135482
I didn't have any cash to buy :/

>>15135437
I'm Aussie
>>15135438
Based chinks
>>15135530
I'm already all in brah

>>15132629
Do it. Especially the last one.

>>15135554
My man, I bought some cheap SPY calls (it was extremely oversold at RSI 28).
I am a little nervous about the bounce continuing for very long. I brag about seeing the bounce, but the true winners here will guess the downturn correctly.

>>15135712
I think we'll retest 300 and if it fails then we're really gonna fall. But we went to newer highers after the last down turn and today rebounding at open gives me hope since yesterday was the biggest loss for the year in one single day

Buy today or no?

Going out to buy some tobacco and a copy of the WSJ before markets open. Anyone need anything?

>>15135768
Yeah, probably gonna go back and test 300 but honestly it might fail this time.

>>15135768
I think we will see some retracement today, until Trump tweets or China announces something at least.

RIP DFanon

>>15135833
This is the one thing most long positions are betting against today. Fingers fucking crossed it doesn't happen and we retest 300

tfw have 80% of my money in LPTX

>sell my holdings
>market turns green
Literally sold at the lowest price, too.
Fuck this gay market

>>15135942
I'm 75 percent in nbrv calls and the other 25 in LPTX

>>15134960
> don't you think it's a bit overvalued currently?

Why do YOU think AMD is overvalued? Ryzen 3000 is currently outselling Intel's desktop offerings somewhere in the 3:1 to 4:1 range, and Rome gets released tomorrow - that's where the real money is and where the slaughter continues.

Intel has absolutely no counter until at least the end of 2020, and looking at the current 10nm chips they've releashed for laptops. all the IPC gains are eaten by lower clocks. And by that time, Ryzen 4000 should be around the corner.

>>15136016
Why the absolute fuck would you sell during a panic dump?

>>15136069
I would, in panic

>>15136086
But why? You followed the weak handed retards off the cliff out of pure hysteria and ignorance. You should have been buying instead.

just buy now bro nothing bad can happen haha its free money

Look at those green futures. Going to be a great day on the markets.

I'm buying at open, going to sell the top of the bounce. Like taking candy from a baby.

>>15135942
>>15136032
W-we're just shaking out the weak hands for the moon mission right

Probably a +1000 day incoming feels good being a bullchad

Buying these at the open today. Rate my portfolio (v2) frens:

>TTD
>FSLR
>BEP
>BIP
>CRSP

Also keeping some cash on hand for WM, in case it breaks above 50D moving average.

Thoughts?

Is 9 AM too early to start drinking?

>womyn gets on the earnings call

Dropped. Literally just turned my phone off and tossed it aside.

>>15131609
You sold a company that sells shovels and bought some fools gold.... you bought out some kid who is driving a lambo with your money, now you own his bags

>>15136285
I like that FSLR and WM.

I was really interested in WM when it was in the 80s but I don't like buying anything above 50 because I don't have a lot of capital.

>>15136288
never too early

>>15136288
Breakfast of champions.

i shouldn't have checked my mint account

Anyone know anything about mortgage based REITs?

Been looking at CIM for a long time and am finally thinking about pulling the trigger now that I opened a Roth IRA.

>>15136245
Why the fuck did we dump so hard the results seem promising? Rigged market.

>>15136356
Yeah, look at NRZ vs CIM, tell me which is better.
The answer is NRZ.

>>15136356
>Anyone know anything about mortgage based REITs?
yeah.. as the mortgages start to get paid off the assets start to disapear... those assets pay the dividend.... so you've gotta have a pretty active management thats constantly investing into new mortgages...

Check out ORC they just issued shares to buy more mortgages.... no position for now but watching it closely..

>>15136389
NRZ looks pretty solid. I guess I'm just more partial to CIM since I'm familiar with it, been following them since 2008 when my buddy bought some after the financial crisis.

I did feel bad buying it at the 52 week high with a lower dividend than usual but I liked the consistency.

so place your bets, we dead cat bounce, or we already hit the low point in the dip?

and wow AMD, pumped up to the exact price where my options make no money

just go down or up by $1 dammit, anything but crab sideways all day...

>>15136430
watching the 2860 level. above bullish, below bearish.

>>15136430
this dip aligns with other two dips, the one from december and the one from april, compared to the overall growth over that time. i think this is the bottom for now, but im still worried about a recession some time in the next few years(possibly months)

We gonna dump hard on open?

>>15136469
Sorry. Bear market was canceled last night.

>>15136494
>>15136494
>>15136494

NEW (early) bread for a new day! (and new scams!)

>>15136494
>>15136494
>>15136494

>>15135823
Can you get a fe packa of kasugi peas? Thx brAnon