/biz/ - Business & Finance

NVIDIA DISCOVERS NEW PLANETS ELON ON SUICIDE WATCH https://news.developer.nvidia.com/breakthrough-ai-confirms-50-new-planets-using-nasa-data/?ncid=em-news-27002#cid=dev01_em-news_en-us

>STORM SURGE JUMPED 5 FT IN A COUPLE MINUTES
STORM SURGE JUMPED 5 FT IN A COUPLE MINUTES
>STORM SURGE JUMPED 5 FT IN A COUPLE MINUTES
STORM SURGE JUMPED 5 FT IN A COUPLE MINUTES
>STORM SURGE JUMPED 5 FT IN A COUPLE MINUTES
STORM SURGE JUMPED 5 FT IN A COUPLE MINUTES
>STORM SURGE JUMPED 5 FT IN A COUPLE MINUTES
STORM SURGE JUMPED 5 FT IN A COUPLE MINUTES

>>21916020
we might be green tomorrow and here i wanted top hop on a red day

>>21916020
is nvidia about to colonize a new planet?

What's with the weather forecast?

>>21916013
What are some cheap stocks for a poor fag like me? Just started investing about $1,400 maximum last week and so far I’ve lost $6

Anyone redpill me about snap Inc. and why I should buy them?

>>21916020
Based leather jacket man does it again

>>21916082
what do you call cheap

Don't ask me how I know but TQQQ will dump around 15% on open

>>21916082
10% OTM calls 2-4 weeks out. They're cheap but don't buy more than 1 or 2 of them at a time. TQQQ will be the fastest gains but that's super leveraged. Don't listen to boomers, it's free money. Refresh your calls every other day by selling them and buying them back. These are fairly cheap.

SPY is safer but slower with gains.

>QoQ at 0830
be very, very afraid

>>21916106

>>21916020
There's no efficient and cost effective way to get there right now so it's a big pot of nothing

>>21916128
Options noob here, but how does selling and rebuying your calls refresh anything? I understand that there's depreciation that happens but shouldn't all of them be the same since they're the same contract? Sounds almost like a video game to me.

Rural retard anon here

It was ok

>>21916106
Good.

I'm going to buy some NAIL, NIO, Li and TQQQ once Powell is done talking and tanking the fuck out of the market.

THIS GUY IS FUCKING INSANE BRO
https://www.youtube.com/watch?v=3RPkb5uLbpU

>https://www.ft.com/content/6a660a5f-4e8c-41d5-b129-ad5bf9782256
>
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour..
https://www.ft.com/content/6a660a5f-4e8c-41d5-b129-ad5bf9782256?fbclid=IwAR2SoC2gctMWZpUdZ2-uvXHTu1y76nsSlJ66kHE--QOgvuDcgcg75mWINAQ

The codename was “Project Panther”. Markus Braun, the chief executive of German payments group Wirecard, had hired McKinsey & Co to help prepare his most audacious idea yet, a plan to take over Deutsche Bank.

>>21916106
Nice been saving buying power

>>21916169
Options are a gamble. Don't let anyone try to trick you otherwise.

Some people win, but most lose. Learn the Greeks.

>https://www.ft.com/content/6a660a5f-4e8c-41d5-b129-ad5bf9782256

>>21916169
just gives you more buying power but it depends on how big your initial position is
I call this double dipping and it's only a worthwhile strat if you sell during a consolidation and the trend continues upwards

>>21916169
Imo the goal is to gradually buy options a week or 2 out, further and further. It's good to sell to readjust the price to be more in line with where you think it might go.

Options are ONLY a gamble if you go all in. It's fine, don't listen to boomers. Just be smart about things and pay attention to decay. Even if TQQQ crashes like it did in March, it will eventually recover a few months later. Stocks only go up.

If you're concerned about a crash, just put $100 into SQQQ shares. They'll likely lose all value but in the unlikely event of another crash, you'll have something to fall back on.

Do you think trump is grooming jpow for president for 2024? I feel like going into long calls is the play

Shit I'm in heavy and the mood here is sooooooo bullish

Cramer says sell some big tech or something on today's monologue. Anyone getting a bit spooped?

I have literally zero stops, I think I need to majorly reduce my holdings. Simplify.

TQQQ, SOXL, FNGU, AGQ, UVXY, TMF?
With stops mostly?

>>21916086
you shouldn't

>>21916179
It really looks like it wasn't. What's for dessert?

Fuck the /smg/ kikes

>>21916316
>options have been around for decades
>boomers don't do options

Yup. Some genius 17 year old must have come up with the options concept while playing fortnight, while donating to his favorite youtuber.

Robin niggers are absolutely retarded desu

>>21916106
God i fucking wish. I hate averaging in at these prices and I'm too pussy to actually wait for a dip.

>redditors showing 100000x gains
>every normie I know is talking about """stonks"""
>grandpa asking what tesla is
I don't know if this is a generational wealth transfer or literally the top, someone hold my hands.

>>21916364
>Cramer says sell some big tech or something on today's monologue
what was his reasoning for this?

>>21916364
There's apparently a decent correction coming, I'd say wait until that comes in a few days and then buy. It might be tomorrow but don't FOMO your way into a big loss because it wasn't tomorrow

>lot of talk about double dip recessions
>REPUBLICANS TO PROPOSE SMALLER RELIEF PACKAGE
>GEX fuckin crashed just a few days ago, not unlike what happened before the feb crash

...bros?
I got a bad feeling.

>>21916447
It's not that. It's just that Boomers tend to be more risk averse and scared of options. If you're only putting 10% of your port in at any time, I genuinely don't see a downside as long as you're moderately smart.

>>21916454
Just research future plays and set buy limits so when your order executes you'll know you bought the dip, then sell the stock the next day or hold it

>>21916481
Pretty much don’t be a pig and protect your gains. Go buy a sweater.

I take that to mean you’re supposed to sell it and then buy that stock you just cringe over not owning.

>>21916481
Apple and Tesla are up on no news. That's good but can't have that euphoria momentum go indefinitely.

There will be a pull back in the pump and dump

jerome powell will bring up a powerpoint and it will be literally just ten thousand slides of fluffy abuse set to out of tune carnival music and stocks will go up

>>21915930
>Then a massively dovish stance.
What would that mean for stocks overall?

>>21916078
Should I buy soxl or has it gone to high for the time being, should I wait for it to go lower? Please anon before you leave!

Bernie Bros get so mad at traders. The Klarman guy bet on insurance claims to profit make 3 billion off the wildfires, then donates to Biden, then buys Healthcare stocks.

I'm 27 with a Computer Engineering degree. I've been a NEET since graduating 3 years ago, but I just applied to the Chair Force. I don't know what i'm doing in my life, but I'll just keep investing and maybe someday i'll make it

What will happen if Jay goes dovish? What will happen if Jay goes hawkish?

>>21917073
>goes dovish?
He already is and has been since January 2019.
>goes hawkish
Market will throw a tantrum. Market may still throw a minor tantrum today if he isn't being dovish enough to satisfy all the money sitting in tech thinking about yanking out profit.

>>21916681
Well it's p much impossible for them to ever take a hawkish stance again, the actual pertinent issue is what he's gonna say about inflation and the DXY
>>21916497
Pls learn what options are actually meant to be for. Many options strategies are explicitly to mitigate risk, and there's dozens of different types of spreads that can be less risky than just holding equities. The assumption that they're just a cheap form of leverage is asinine, redditors using them as a slot machine has poisoned the discourse >_<

They already said they will not try to reduce inflation, which means price go up which means green line go up so idk what y'all talking about when you talk about selling because of Jerome's speech

Predict my net worth at the end of the day

>>21917151
More interesting thing for me from this speech will be the forex response to the USD in light of whatever Powell has to say. USD is currently being indecisive about whether it wants to try a rally or leg down again.

>>21917235
How old are you ?

>>21917248
23

>>21916243
Codename panther
OHHHHHHHH ERIKA

>>21917235
10€ je kankerneger

>>21917151
>They already said they will not try to reduce inflation

Source?

>>21916475

It's not the top so it's that other thing. Many companies are cheap still.
Value stocks are incredibly underbought, banks, tele-comm, some industrials.
We're going higher still.

>>21917260
How do you got 100k with 23 years, I feel so poor. I’m 20 yo and don’t even have 10k.

>>21917018
Good luck.

>>21916475
Huh my normie friends have never owned stocks
But today I met my brothers gf who 21 telling my brother pic.jpg related about the market

>>21916475
>I don't know if this is a generational wealth transfer
This. Zoomers are starting to figure shit out.
>or literally the top
This too. These faggots haven't seen what the market looked like pre-March. Anyone with two brain cells can see that this bubble is about to pop. The fear barometer index is at the same place it was in march, VIX is going up, GDP and jobless are being reported in the AM(on the same day of a J. Powell announcement), DXY collapsing, SLV has huge gain$, GLD has huge gain$, pandemic, riots every night, hurricanes, SPX in overbought on a 1yr, DJI is overbought on a 1yr, NDX is overbought on a 1yr, TSLA is in a bubble, AAPL is in a bubble and to top it all off its a month before October( a historically poor month for markets) with the most important election in US history right behind it. This isn't a natural market, this isn't a rational market, this is a zombie market.
If anyone thinks we can continue this "market go up" they are incredibly inexperienced.

>>21917512
This is good fud.

>>21917456
50k is interest free student loan. 25k is money that I saved over two years working at a library, 30k is the stock profit I made on that 75k

Don't forget to buy XPEV tomorrow.

>>21917365
google "Jerome Powell" and click on literally any news article

>>21917529
Lol you are able to get a 50k student loan and then use it on stonks? I live in Germoney and can’t do that

>>21917556
Yeah, 1k a month and you can spend it on anything you want. Most students buy booze with it

>>21917583
Oh I thought you get 50k all in one payment. We have something similar here then but it’s less then what you get and not everyone is able to get it depending on how much your parents earn.

I promise you, if the market crashes anywhere NEAR March levels, it's just going to reset the cycle. A bunch of people are going to cease the opportunity and it all goes parabolic now that robinzoomers will be here for it.

What RKT options should I buy at open?

Precum market when

So how much money are we losing today?

>>21917523
All of that is true.

>>21917392
>Value stocks are incredibly underbought, banks, tele-comm, some industrials.
>We're going higher still.
My concern is tech does a retrace and that money goes to cash instead of the overlooked sectors. Might see the whole deal do a pullback.

>>21916128
>indexes
all boomer tier stuff, buy AMD, will hit 98 in a week

For those of you who think we are at the end of the bubble, you may want to zoom out....

We've probably got another 12 months left in this thing, with the Nasdaq hitting levels you wouldn't believe. The next 6-8 months are going to be crabby, with a few juicy red months thrown in and money flows rotating into the boomer faggot S&P stocks and blue chips. Then the crescendo in late '21: Nasdaq 20,000

Too many things working against the bears right now: everyone expects a great crash sometime between now and November--so it won't happen--at best we get a 10-15% buyable dip. Technicals on any decent stocks look great and extremely bullish. Momentum is on the bulls' side. Inflation will eventually take hold. Elites aren't done looting. Crypto bull market peak will coincide with the stock bubble peak. Lots of stocks still haven't participated. And of course, the Fibs never lie.

By all means, hedge with some index puts, but I wouldn't go all-in just yet assuming this is the next Great Crash. It's too obvious, which is why we will go up more. Remember, we are in the Age of the Clown.

Calling it now: AAPL $1300 (presplit), TSLA $3600 (presplit), NVDA $1850, GOOG $3200, AMZN $6100-8900, FB $520, NFLX $1000, MSFT $360

Plenty more lofty targets by late 2021, but T. FAGMANN won't let you down. buy LEAPS and thank me later. screen cap this shit.

>>21917769

you might be right short term but on a little longer perspective FIAT is garbage and the money will find it's way to value eventually.

>>21917691
32 minutes

>>21916447
>Robin niggers are absolutely retarded desu
this kek

>>21917620
No that’d be cool tho lol. But yeah thankfully everyone is able to get it.

>>21917149
So what can he say about inflation to
>pump the market
>dump the market

>>21917791
>We've got another 12 months left
You can only delay layoffs for so long anon, not to mention winter and covid which we know nothing about yet in how it'll hit us if, if it will even we don't know.
Moreover if the fed were to keep rates as it is now they have 0 tools left to do anything anymore were something to go wrong once again.

>>21917532
was just thinking about it right now

>>21917791
>AAPL $1300 (presplit), TSLA $3600 (presplit)
You know the split is finished off at the latest by open next week monday. Nonetheless ginna screencap, will probably delete it tho.

>>21917854

> 0 tools left to do anything anymore were something to go wrong once again.

More stimulus, ie even higher asset prices.
This is the glorious bull-run. We're making investors rich on the expense of everybody else.

>>21916481
>listening to Cramer
>>21916497
> you're only putting 10% of your port in at any time
not really, 3x -10% is down -30%, the way you make money in options is either by making 'riskless slow af' strategies like condors etc and buy calls on breakouts or you throw pennies at last day/impossible calls/puts (like nflx/crm yesterday). Its useless to buy expensive calls on a 2% move in MSFT.

>>21917877
presplit price, retard. not that aapl is going to hit $1300 in a matter of days.

>>21917886
Stimulus isn't monetary policy anon the fed won't have any tools left and more stimulus leads to higher deficits, higher government debt, higher interest payments as a percentage of total government expenditure and in the end higher taxes, lower growth and higher inflation

>>21917512
>If anyone thinks we can continue this "market go up" they are incredibly inexperienced.
hold my beer, spx 3550 by autumn

>>21917877
He means there value would've been 1300 before the split, meaning it'll be at $425 even counting in having split, that it'll go up 160% in the next year.

>>21917917
>Calling it now: AAPL $1300 (presplit), TSLA $3600 (presplit), NVDA $1850, GOOG $3200, AMZN $6100-8900, FB $520, NFLX $1000, MSFT $360
So are all these price targets for late 2021?

>>21917707
Today and tomorrow will be red. Gold might pump a bit. After that, we resume the moon mission on tech until the elections.

>>21917791
mostly agree, don't know about those price targets tho, seem too rich even for this years mkt, also buy slv and gld, yuuge breakouts pending

>>21917854
If you haven't noticed, none of what you mention has mattered yet. Fundamentals don't matter to the trillions-leveraged kike-run algos that control this market. It's simple: they have the means to pump this fucker to extraordinary levels which will force retail and goy institutional investors to chase gains...all while making every bear look like absolute boy-who-cried-wolf retards.

What do you think the SBA PPP loans were for? "Small" businesses like hedge funds, so they could get extra liquidity to leverage up with the 0% reserve banks and buy the pump the fuck out of this thing. Hardly any of that money landed in the hands of legitimate businesses, lol. It was just Part A or B of the Great Exit Scam.

I'm not saying it's right, but it how it be.

fuck oil

>>21917951
yes, and not at all unreasonable if we are to assume Nasdaq 20,000. Some of them I'd say are even conservative.

>>21917974
metals will decouple from equities and head higher with the mkt not inverse to it btw

FB is at 303 right now, should I just buy and hold or wait til tomorrow and buy in at a small dip?

Why haven't you bought tesla yet?

>>21918049
I hope so
I’m half tech half gold miners so I can’t lose
I don’t see the fed stopping the tech pump anytime so

>>21917990
by late 2021 my man. not this year. GOOG and FB are going to keep on running this year as others take a break, though. I don't believe my own calls half the time, but I've been nailing them left and right for the last three months since I slapped myself out of delusional bear stupor and drank the clown market kool-aid. I would have never expected my Jan 21 FB 300 call I got last week to go ITM today!!

>>21918056
Buy a bit every week, you will never catch the absolute bottom

>>21917791
This is what I want to hear so I believe this immediatelt

>>21918085
Maybe the next time it drops 20 or 30%

>>21917842
>We're gonna keep doing what we've been doing and appropriate wealth from the poor and middle class via inflation
pump
>we've come up with some fucked up braindead policy that probably won't work to try and curb inflation
dump

How safe is XOM now it’s been taken off the DOW? I have quite a big stake in it and I’m debating doubling down on it to lower my average. However, this is a long hold for me and I don’t want to do that if the company is fucked.

>>21918209
Oil isn't going to recover after this.

>>21918249
Why do you say that? Would be interested to hear your reasoning.

>>21918209
>XOM
why? if it is the less risky portion of portfolio then ok, its a solid corp, but don't expect any huge gains, but if its a trade for gains, then i wouldnt hold it.
>>21918097
>late 2021
could be, when the bears will start to gather the covering will add more fuel to the insanity

>>21918085
I will once they show organic growth from their operations, increased sales (esp. China) and deliver better products than the other dozens of EV and auto companies
so never

Today is the day. Anything can happen. May JPow bless us with another year of the bull.

Bought BIGC @ $64, feelin fine

is there anything that can make TSLA bubble pop?

>>21918317
>increased sales (esp. China)
oh they will, their sales across all mkts except China are flat or receding if im not mistaken. I think its impossible to have bad numbers in China iywim kek

>>21918249

Ah yes life will never be the same again. Kinda like how no one ever went outside again after the spanish flu

Is it possible for a sex offender to make a million dollars starting from nothing and 4k in debt to move to a foreign country with wife?
Should I make a plan and stick with it and pray for the best

>>21918315

Yeah I basically put some money into it back in may thinking that it would be a decent long hold.

where's premarket guy
https://www.marketwatch.com/tools/screener/premarket

>>21918398
>Should I make a plan and stick with it
That's kind of the point of a plan.

>>21918370
Not really, even if the upcoming quarters show a huge drop in intl mkts but a huge gain in China (real or not) or the auto mkt hitting 0 the tslabros will still hold and buy forever. The problem with tsla is that IF they are reporting fake numbers (not saying they are) and the truth via some whistleblower comes out, the drop will be so fast and vicious that you will lose everything in a minute (see Wirecard, Luckin Coffee).

>michael bury's portfolio has about 10% game stop
whats his end game

>>21918467
and the wirecard holders at least had a warning

>>21918038
Are you suggesting in any way that Nasdaq 20.000 is a reasonable assumption lmao

>>21918472
he thinks inventory and r/e is worth something i guess, he has bought a lot of beaten down corps in the past, most of them didnt work out i think

>>21918434
What a boring fucking day
Hope you dumped everything and starting fresh on Monday, frens.

>>21918388
It is possible as the Chinese government rolled back a lot of subsidies for the purchasing of EV's which almost completely destroyed overall sales in China for EV's

>>21918370
https://www.valuewalk.com/2020/08/shorting-tesla-largest-bubble/

its might unironically be time to short tesla

>>21916031
>Americans have been hyping the Chink dam breaking
>They are the ones that will be flooded (again)

Haha, I am Dutch and live at -5 meters and never had wet feet in my life. Get it together guys or should we come over to fix your damn dams and dykes again?

>>21918561
>rolled back subsidies
yeah, and tsla didnt even hike the price btw
>it is possible
I dont think so, I think they will have stellar numbers there

>>21916243
Wanting to buy Deutsche Bank should be a red flag for anybody. Nobody wants to buy Deutsche Bank, nobody.

>>21918592
>Rolled back subsidies
>Tesla didn't hike the price
Tesla doesn't receive the subsidy to sell idiot Tesla only gets the subsidy through consumers because the consumers get a subsidy for a purchase.
If anything if Tesla didn't change the price or it wouldn't lower it as much as the sum of the lost subsidies per consumer it would still be more expensive for the consumer than before the subsidies.

>>21917235
Alles of niks, ey?

>>21918634
>idiot
Losing it so fast, ngmi. Also it still means that they aren't willing to fuck with the demand.

>>21916200
>>21917073

Goes dovish?

What do you think his stance has been this whole time?

0% chance he is anything but full dove tomorrow

>>21918687
>They aren't willing to fuck with demand
How exactly? By keeping the price the same and making it more expensive for Chinese consumers to buy? Seems like you're heavily limiting your growth potential as a market share just to keep margins the same

>>21917235
>Dutch
ngmi

Ah shit everyone and the media have got me concerned

is it a blow off top thing like some anons say??

>>21918561
https://electrek.co/2020/08/11/tesla-dominates-electric-car-sales-china/

What the fuck are you talking about? Both Tesla's sales and market share in China has been increasing despite total EV sales going down. This is after they brought down their price to requalify for the subsidy.

>Own 225 shares of NIO
>know that it is only a matter of time before break out above 15 and eventually move to 20
>think market is gonna crash
>sell all my shares
>didn't think to just put a stop loss
>literally 2 days later it makes the biggest move I've ever seen
>missed out on $1,200

It's not the dollar amount, it's just that I was supposed to be in that move, I was predicting it and everything. I just fucked up.

>>21918731
You should be concerned. This is a bubble and with all the new investors thinking stocks only go up, we are going to see some serious shit soon, but until then there is crazy money to be made. That's the game.

>>21918786
Market can stay irrational longer than you can stay solvent. The bubble has only just started. Everyone believes stocks only go up and so they are buying everything and selling nothing. This recovery hasn't even had a single bull trap yet. People buy big on the rare down day such that the market can't even have back to back red days anymore. Yes, there will be a big crash, but probably not until 2024 or later.

>>21918889
>The bubble has only just started
>Everyone believes stocks can only go up
Talk to more people than robinhood zoomers or people online

>>21918085
------>/reddit/

>>21918341
Sold everything at yesterday's peak, can buy back at the opening, even if it pumps a bit. Calculated risk, this nigga crashed the market with 3 sentences before, let's wait and see.

But yeah, if the inflation will be used to fight the crisis, then buying any Tech Stocks, Gold and Crypto would be a no-brainer investment that will print over the next 5 years.
Last 10 years was a genuine bull run, next 5 years will be a paper bull on steroids, but it still goes up so that's okay. I'm just worried about the crash that will happen after they push the interest rates up again.

FINALLY a red day today. Please pump some life into these PUTS I’m holding

>>21918979
Some anon's boomer dad was giving him stock tips about "self charging batteries"

Some other anon said his 12 year old sister and all her friends are day trading

I get there's still money to be made, but the idea that the bubble has just started is ridiculous. We're in serious late-stage territory

Anyone know any sex offenders who went from poverty to riches? I need heroes

>>21919018
My coworker, who is a tik tok model / instagram influencer said the other day that "all her friends are trading and talking about stocks."

>>21919040

>>21918979
Post short position. If you had any confidence in the bullshit you've been spreading you would have one.
>>21919018
Yet all the real measures of interest in stocks and options shows that it has been going down since the crash. Anecdotal shitposts mean nothing.

>>21918889
>the crash won't happen until 2024
do you *really* think fed printing has that much power over sentiment? Every week will be green until it is red, and then it will be the reddest week you've ever seen. It'll just take 1 war, environmental disaster, trade tensions escalating or world leader coofing and the party is over. And I'm willing to bet good money one of those things will happen before 2021 let alone 2024.

>>21919065

>>21919018
>His 12 year old sister and all her friends are day trading
Where do these kids even get the money from to daytrade with. When I was 12 I was plaing football/soccer in the street with friends or playing on my playstation 2.

>>21919065
I have a couple puts expiring in October and November.

>>21919018
>Some other anon said his 12 year old sister and all her friends are day trading
Kek, calling bullshit on that.

>>21919060
Unironically based

>>21919065
>Robinhood started after the 2008 recession
>Has 13 million users
>Over 30% of which have opened accounts since January
>Trading212 gets 100,000 new users in a week
>Plus500 revenue increases 500% ion 2020

Cope harder faggot

>>21919111
I know >anecdotal evidence is a meme around here, but I am seeing daytrading posts all over faceberg. People are tagging each other in stock articles and Powell speeches. Even /biz/ is busier than ever. Do you really think these things are indicative of the beginning of a bubble, or an end? I'm not selling my positions but I'm definitely not putting more of my precious fiat into the market when march-level cheapies are just around the corner.

>>21918249
Lmao as soon as the election is over, no one will ever mention covid again.

>>21919131
>>21919168
I knew some idiot would cherry pick Robinhood. It doesn't mean anything because people are more likely to use Robinhood and other simple trading apps over conventional brokers, it doesn't mean that interest in stocks as a whole is going up. You're too stupid to realize that you have confirmation bias and you view every piece of literally made up anecdotal evidence about some 12 year old buying stocks as proof.

Post some real evidence to support your claim.

>>21919168
Don't get me wrong, I'm bearish right now, just thought that specific anecdote was funny. I see it, too.

>>21919224
>millions of people signing up for day-trading apps designed to let normies access the stock market isn't evidence of increased interest

does anyone know any academics or actual official sources talking about Robinhood traders? like have the robinhood media team put out releases about their increased numbers

>>21919073
> It'll just take 1 war, environmental disaster, trade tensions escalating or world leader coofing and the party is over.

The country is going through civil WAR right now. With the riots half of cities are on fire. The NBA didn't even play last night.
Hurricane LAURA is bigger than Katrina and currently destroying Louisiana and parts of eastern Texas. Then Cov-id. Literally two NATURAL DISASTERS are happening.
TRADE talks used to spook the market early in Trumps presidency. Nowadays they don't even have an affect.

The Market is okay with all those things happening. If it were a bubble it would pop from those happenings, but it hasn't yet, cause it won't. Not for years.

>>21919267
> isn't evidence of increased interest
It's not, you retard. Every year hundreds of thousands of people are always going to be signing up for brokers, the only thing that changed is that people are more likely to choose apps like Robinhood than traditional brokerages.

You're showing you have no idea what you're taking about by referring to them as day trading apps when the vast majority of retail investors aren't day trading and couldn't even if they wanted to because the average account size for a typical Robinhood account ranges from $1,000 to $5,000 and they instead need $25,000 worth of equity to be a pattern day trader. Just find one piece of evidence that isn't bullshit that shows people are more interested in stocks than ever before, it shouldn't be that hard if it's true.

>>21919429
>bunch of nonsensical hogwash

spotted the angry midwitt
read a book

>>21919420
>The country is going through civil WAR right now.
People haven't realized this yet. Half of us probably think this is just normal unrest and that we can still smoke the peace pipe and talk it out. They don't realize it's way past that.

Are we really sure that the market will crash more than it did and be unable to recover from it like it did in March?

I just put a lot in QQQ yesterday, should I sell it all today?

uh biz bros I wouldn't take your money out yet...

https://www.youtube.com/watch?v=n-1_0SiEzFY

why did netflix pump 11% yesterday was there news or info ?

>>21919502
>I just put a lot in QQQ yesterday, should I sell it all today?

Yes, then buy TQQQ.

>>21919502
No Trump has an interest in keeping the stock market up to save face During the upcoming election
Once the election is over all bets are off

>>21919502
>Are we really sure that the market will crash more than it did and be unable to recover from it like it did in March?
No
>I just put a lot in QQQ yesterday, should I sell it all today?
If you can't afford that falling 30%, and then taking months or years to recover, then yes.

>>21919429
Just admit you're wrong lol

You'd be hard-pressed to find another anon on here who thinks interest in the stock market hasn't gone up in 2020. Why is this the hill you want to die on?

>>21919500
It's clear that it's only hurting small businesses that were more than likely going to fail anyways. It's started what historians will later refer to as the Golden Age of Tech.

>>21919525
I can only understand every 5th word he says.

>>21919555
30%??!!!

MOTHS OR YEARS???!!!!

>>21919643
A strong buy signal though.

>>21919558
>who thinks interest in the stock market hasn't gone up in 2020
You're moving the goal posts, idiot. The argument was over if interest in the stock market has gone up since the crash in March and it hasn't by every real metric you can find. You don't have any evidence for your made up bullshit so you resort to fallacies.

>>21919714
Stock markets crash.
Sometimes they don't recover.
If you can't afford that to happen, get out.

>>21916013
TSM, NVDA, AMD, and MSFT baby.

fuck AAPL and TSLA poompers.

How long until J-pow's speech?

>>21919865
3.5 hours.

Even interest in the Robinhood App itself has gone down since March. There is no sign of any bubble brought on by hoards of fresh retail investors.

>>21919776
It obviously has. Every single major broker is reporting record shattering levels of new accounts opening and trading activity.

>FSLR up 1.7% premarket
Neat!

Fuck, this guy probably triped his money this year. Why didn't I hold TQQQ :(

>>21919776
Holy shit you are dense. I'm out.

Try not to drool on your keyboard next time

>>21919865
It's at 9:10 a.m. ET
J-pow always pumps right?

>>21919883
You’re a giant moron. You’re showing us a graph of google search interest. That doesn’t reflect anything as far as open accounts, funding, trading activity, etc

>>21919883
Wow that was hard!!

>>21919932
Depends. Zero intrest rates are priced in, but I'm sure he has something good for us.

>>21918671
>raytheon
lmao

Just got a class action notice to join in with against Intel.

Anybody other INTC bagholders /gonnasue/?

>>21919928
LMAO, you got rekt.
>>21919935
It reflects actual interest in stocks, options, and the Robinhood App by new investors would google the topics which is why it's more relevant than any other piece of data if you're making the stupid argument that there's a bubble because of retail investors flooding into the market.

You have yet to post anything that actually supports your claim.
>>21919977
Day trading is two words, you stupid piece of shit.

Why is NASDAQ 1/10th the value on Robinhood?

>>21917974
Tesla splits tomorrow and apple on the 30th so they'll probably go up those 2 days and might help drive up the sector

give me one good reason why you're not all in Xiaomi right now?
Im so much in the greens that I cant stop cooming to it

>>21920084
Because I'm in AMZN
Never bet against the Shiny Man

>>21919543
Trump doesnt control the fed idiot, in fact the fed is definitetly leftist and put off doing intrest rates forever to make him look bad before they were backed into a corner

>>21920084
Chinks. I don't trust them.

>>21920124

I have 20k USD and I want to hold long term. Should I buy normie tech stocks?

>>21920084
because alibaba exists

>>21920124
>fed is definitetly leftist

They are banksters. They are not cotrolled by Trump, but by greed.

>>21920190
The easy answer is yes. The hard answer is which ones.

>>21919837
It ain't going to crash 30% in a single day, even a week will it?

>>21917583
>50k student stipend
>Most students buy booze with it
So this is why it costs 60k in taxes to buy a 40k car.

Epic.

so it's gonna be a red right?

I sold my NIO because fuck it. What should I invest in next. I prefer a quick PnD.

>>21920348
TSLA

$WORK or $AMZN?

>>21920295
It's gonna be BUY BUY BUY

Alright anons, i've got 20k in savings, at market open i'm going all in on tsla because if all the success of spacex.

>>21920281
It's a loan, not an allowance.
>>21920248
30% in a day is unlikely, but in a week is certainly possible in this environment.
If it falls 12% in a day (which it did in March), will you sell then? Or will you instead bet on a swift rebound and hold? What if it falls another 10% the next day?
You should have plans for all these scenarios.

>>21920461
>>21920248

circuit breakers

>>21920461
If it falls 10% sell as I can make up the losses for it with my other stocks and crypto accounting for a maximum fall of 5% in each one + comissions. If it falls 20% within this week, Ill consider buying more

>>21920499
True, a max drop is 20% is possible before market closes for the day.
I forgot about that. Doesn't matter though from a risk perspective because you lose any chance to sell your holdings either while the market is closed.

>>21920537

Where's that Anon who was shorting MSFT yesterday? I want to laugh at them some more.

>>21920596
Who the fuck would short MSFT?
Just buy them and enjoy comfy gains.

>>21919201
depends if they finish their lockstep agenda

With everyone even sluts are now trading at which part of the bubble are we at?

>check WSB out of curiosity
>some fag puts his life's savings on SPY puts
>loses everything in a single day and goes back to wageslaving
Damn shame he didn't roped, would be quite a story. Never bet against the United States of America, never bet against the manipulated market bubble.

>>21919040
It's been almost six months stop posting this.

>>21920696
We're about to hit the Bear Trap in 2 months. Unironically. Even my financially retarded mom asked me about Apple Shares a few days ago.

>>21920124
Who let the retards in? Fed controls both parties you dumb nigger.

>>21918085
>The virgin TSLA is changing the world I better put my life savings in
>The chad wow these retards are putting their life savings in TSLA i should buy some

>>21920774
I don't think anyone cares what the company they're investing in does as long as they can profit off it

>>21920696
If sluts are starting to trade... sounds like a new paradigm

Onlyfans IPO when?

>>21920696
pretty cool, they pump the market, we short the crash and the sluts are going to be homeless. You will be rich and can pick a bitch off the street.

>>21919018
>>21919055
Whether these are genuine or bullshit fairy tale stories I hope we all make and dump on every fucking nigger, faggot, tranny, janny, spic, kike, and thot

>>21919926
Based Qoomer

>>21920084
>muh chink shit

>>21920696
99.9% of girls don't know shit about the market and only invest because guys keep pressuring them to or because they figured out they can profit from having stock channels the way they profit from playing video games.
Otherwise we are d00m3d

>>21920575
>because you lose any chance to sell your holdings either while the market is closed.
then activate afterhours trading with your broker

inflation is good for stocks, this Powell FUD is a red herring
irregardless of that, nasdaq needs to correct soon

>>21921052
Some inflation is good, yes.

>>21921052
>nasdaq needs to correct soon

Says who?

>>21921080
says the cash lying ready in my account

>>21919776
are you a fucking NEET lol
many people in my office have started stock trading this year after just sticking to mutual funds and shit like that. There were a couple of people who fell for the GNUS meme, someone else buying into oil and retail, etc.
Just last week, another coworker opened up a trading account and immediately bought AAPL, AMD, and TSM after their funds cleared through

>>21921110
this nigga is holdin cash lmao

when does xpev list?

>>21920084
Because first it was Huawei or some other shit, and Xiaomi will as easily be replaced by another copycat cloning chinkfarm.

>>21917018
Currently Comm in the chair force. Its ezpz my boy. Just dont do dumb shit and you will look like a god.

>>21921148
Don't buy IPOs. They're literally a scam every time.

>>21921075
yes printing fake money that they then lend to the gov't with interest is good.

>>21921187
What if I just buy it and sell it when I've made some gains? It's sure to go up today, isn't it?

Is the market going to doomp on open today boys?

y/n?

We're already (kind of) down in pre-market which doesn't really mean much but could be a good sign. I personally don't think we would see more than a 5% drop and not even for more than a few minutes before it gets eaten up.
Unless JPow goes in a totally unexpected direction and announces rate hikes, then we are all fucked but the general consensus is that won't happen.

>>21921080
The bubble boy

Go all in on UVXY today, people are gettin scared

>>21921205
Sell IPO's same day is a good general rule unless you're a bagholder like me

Did DPHC go on a moon mission without me? Why did nobody tell me?

>>21921189
The argument for inflation being good is that it in theory it will increase dollar velocity and investing. If money can be hoarded without there being any more available then the value of a dollar becomes very high. A handful of people could hold all the physical currency and just by holding it increase the value through supply v demand.
You will also never get hyper inflation in the US because there is a global demand for dollars.
Well, you could get hyper inflation if there was no global demand and the USD wasn't the reserve currency but that's not poised to happen any time soon.
High dollar value also means the debt of the US is harder to pay off.

>>21921271
What are you holding

this thread is unusually dead for this time of day.

>>21921231
when even is the announcement

Buy Apple before or after the stock split?
It's evidently going to go up but what's the incentive of buying AAPL prior to the split?

Does the same apply to TSLA since Tesla is doing a stock split trmw?

>>21921338
covid got everyone. It's just you and me left.

>>21921417
Well unless it's gonna dip after the split you get all the gains.

>>21921430
nice, do you want to play some cards?

>>21921417
if aapl hits 510 before close friday ill 200% my meager returns, so its probably going to dump hard today or tomorrow.

>>21921455
No, fuck you, get out of my house.

if apple opens at higher than 507.8 I am a happy man
>>21921337
the horse

>>21921472
I'll give you one of my AAPL stocks if you suck my dick.

i am sick of losing money

>>21921414
We don't know for sure but the market tends to get shook whenever he speaks regardless of what he says.
The consensus seems to be that he will speak about a commitment to keep target inflation at ~2% and therefore will not be raising interest rates and will be committed to printing our way out (even though critics say wtf do we need to print for if we're recovering).
Best case scenario is he announces more printing and says something kind of gloomy so that people sell off which gives us a good buying opportunity. Look, we all know this is a bubble and can't be sustained without printing but that doesn't mean we can't make money while the bubble is building.
Just have to get out before the music stops.

>>21921517
HOW? Just buy tech, wait, and don't get shaken out by FUD bullshit.

>>21920190
MSFT, only FAGMANN not poompin

>>21921511
I could've been in your position, bought both DPHC and WKHS, made a loss on horse but the profit I made on DPHC nullified that loss and I made a tiny bit on top of that.

>>21921516
>t

>>21921516
O-okay...

>>21921553
i was trying to only invest in euro stocks and no tech
the results are devastating even good stocks are regulary getting hammered

>>21916031
wtf i am putting calls on storm surge right now

Be me. Sold Tesla yesterday. I swear if jpow doesn't stir this fucker up and have a little flash crash so I can buy back in I'mma cry

>>21921598
Dumbass.

>>21921572
what are they feeding men nowadays

>>21921593
Look, I get that maybe you don't have the highest opinion of the US or whatever, but the world knows that US equities are where it's at.

>>21918577
the chink dam were just the retards who fell for the coof hype after it turn out to be artificially inflated and needed another endless thing to keep on about

>>21921243
it was MOOPS I tell you MOOPS

>>21921623
you gotta post some men with some chest and thigh fat

>>21921231
Hedge with metals. Zero intrest rates are priced in anyway. At worst we dip today.

>>21921593
Is your strategy specifically designed to lose money? Withdrawing cash and just lighting it on fire would be more time efficient.

>>21921658
>Dammit George, enough with the stocks. You have to get a job.

>>21921616
Worst is was accidental. I went to bump up my stop loss. And put a fucking sell order in. Of course it automatically sold. Thankfully it filled at market price not my limit price so I didn't get fully fucked.

Just 20,000 away from cracking 100,000 net worth. Thanks to the apple split and the upcoming buying spree I'll hit my target in no time flat before I turn 40 in 2.3 yrs time

>>21921674
Metals are too kiked. I played that game and lost. I'm sticking to 100% tech.

>>21921664

>>21921716
>I played that game and lost
I know that feel

>>21921716
I made some money on SLV calls. Those /pmg/ guys were right about SLV, it's completely made up bullshit and i'm lucky I didn't lose my ass.

>>21921698
>Jerry I've been LIVING THE LIFE
>The market can't go down! It's only been going up haha!
>These puts just write themselves and I'm here to get the premiums and take the FREE profits
>>So when do these expire mister I'm staying put?
>November

does /smg/ subscribe to trading signals?

>>21921695
believe it or not they are companies that are making money, but no one is buying them

the markets have become too grotesuqe
i am going to try to slowly divest
i do not intend to put money in big tech or whatsoever

>>21921751
Forgot pic

>>21921338
Everyone is coming down off xannies or sleeping off alcohol

Salty snacks are recession proof

>>21921785
I gave up alcohol for my birthday earlier this month and I feel great so far. That habit is too expensive.

>>21921753
Link?

>>21921798
Did a schizophrenic person design this?

>>21921822
https://marketchameleon.com/Overview/TQQQ/

>>21921838
Ill have to keep an eye on this site... ty anon

>>21921819
I don't get drinking alcohol. It doesn't even taste good.

>>21916200
should i buy some NAIL at open? lumberbros help me out here am i too late to the party?

>>21921878
Yeah but it makes your body feel good. At least, until the morning.

>>21918028
Yes fuck oil I started off with oil in April and I am still bag holding these crabbing stocks

Should I sell some of my QQQ to buy back after the meme speech?

>>21921716
my juniors are just crabbing. Rather just buy more physical

>>21921896
Yeah, I've never experienced that. Maybe I should've just drank more.

>>21921909
Fucking COP, XOM, MRO, ET, are all shit. Should've just thrown it at HAL

>>21921909
Why aren't you or anyone bagholding oil instead of buying and holding Apple right now?

Give me one good

>>21921819
alcohol isn't an expensive habit, if you're drinking to get drunk you get the cheap stuff or liquor. i used to get a handle of sailor jerry spiced rum when i was a binge drinker in college and that would last me a month for only $20. you really think $240/year is expensive?

Are beer suppose to taste like shit?

>>21922045
A handle is some I’d knock off in a week or less, I had to stop for the sake of my health

>>21921894
a-anyone...?

>>21922045
It is when you start realizing better alcohol leads to a better buzz and less hangover. Next thing ya know your crushing a fifth of expensive scotch or bourbon in less then a week

>>21922039
I fell for the oil stocks will recover to pre March highs soon meme
I should just bought tqqq and would of been green almost every day

>>21922157
>>21922157
>>21922157
>>21922157

new

>>21922042
I am bagholding RDS. Feels bad man.

>>21921909
>April
i'd be so fucking happy if I had bought oil back in April, what the fuck did you even pick?
Instead I FOMO'd in late May and it just crabbed upwards slowly so I decided to just move the funds to TQQQ since it was so far outperformed at that point.

>>21922073
oof. same here though. really sucked though, i had to deal with panic disorder for 2 years after i quit, but ultimately ended up going from 260 lbs to 200 lbs over the past 4 years total. it was definitely worth quitting, i still drink wine and beer with food once or twice a week now but that's it. had a couple of glasses of wine with spaghetti and meatballs last night it was delicious. got a good buzz going too because i drink so infrequently now and have no tolerance.

>>21922170
King of crabs and king of dump now xom

>>21922204
Same but I weight 160 and drink a 12 pack per night and at least 20 on the weekends

>>21922256
life is a lot better when you get away from that shit and stop using it as a crutch. i got to a point where my life was mostly miserable and then i'd get a bit of happiness at the end of the day with drinking. eventually i got to the point where i was fed up and didn't want to live like that anymore, i wanted to feel good most of the time and shitty some times instead of feeling like shit most of the time and feeling good some times.

it was a hard road but it was worth it. lucky for me i wasn't an "alcoholic", in the sense of people who can quit for 30 years and still crave it, im not like that. i just quit cold turkey one day and never relapsed, it was all of the underlying problems that the booze was covering up that fucked me up that i had to deal with (anxiety that turned into panic disorder and clinical depression). i've since made huge strides in defeating those but it took years, it's been 4 years so far.

but i feel great now, the sooner you start the better. good luck to any anons early in the cycle.

>>21922256
oh and for me it was more like i wouldn't drink all day but then a couple of nights a week i'd have a nice meal and have a rum and coke with like 8 shots of sailor jerry in it.