/biz/ - Business & Finance

I refuse to identify with Down Syndrome Frog meme

After all these good earnings reports and black Friday spending up at a certain point bobos have to look around and go yea we’re back. Even if we aren’t back forever, right now. In this very moment. We are fucking back, baby!

SANTA RALLY

Gold is going to $2200 soon.

I'm financially bored, i make like 9k a year of CDs and have no other investments besides my house

>>56784759
How old are you?

>>56784759
Throw a few grand into some risky shit like junior mining stocks. You won't be so bored.

>>56784778
39, i got 2 baby moms and get ass raped for support but seem to do OK

>>56784728
$2400, then $3000 in 18-24 months. Seems extreme, but $3000 would be a 50% move up from here, similar to the move in 2019-2020, see chart. And everyone knows this, including the mercantile banks who can't keep the price suppressed any longer. Which means it will happen faster than most people think, to prevent retail on the fence from taking advantage of it. Expect huge impulse move soon to lock further retail out.

>>56784785
i guess i have some risky shit in a ROTH ira but i dont really count it

I ran the numbers out to 2040...
and I can't retire yet

>>56784703
Inorganic forced meme.

>>56784759
Invest in the uranium thesis.

>futes

>>56784703
>>56784834

Literally happens every year.
https://www.youtube.com/watch?v=jUSCoaS_l4k&list=RDjUSCoaS_l4k&start_radio=1

>>56784834
Turkey rally was a forced meme (because I forced it)
But Santa Rally goes back decades. They were calling Santa Rallies in the Wall Street Journal in the sixties

betting my life on SAVE calls tomorrow

SOMEONE COLOCATE MY ML BOX. i WILL LITERALLY PAY YOU $10/MONTH AND GIVE YOU FREE TRAINING.

>>56784814
I wouldn't doubt those numbers, either. I'm loading up on a few dormant companies trading in single-digit pennies. There's going to be a face-ripping rally in shitcos once people start looking down the food chain from Newmonts and Barricks.

You don't know who I am from the previous thread.

SHORT BILLS

I'm back. What's the situation.

>>56784570
Told you, faggots.

They are fuckin muh NATGAS even deeper even though there is a big band of coldness across the middle of the country. I will just have to keep waiting and watching for a bottom before buying a lot *moar*.

>>56784922
pandemic in china

>>56784929
> it's real
well. if there's anything you can count on in this uncertain world. it's for rural Chinese folks to eat animals they shouldn't, aparently.

I suppose we'll know soon enough if this is a nothingburger or COVID-23

black Friday is the deadest i've ever seen, this is concerning

>>56784954
A family member told me clothing stores are offering bigger and earlier discounts than usual. Seems like a bad sign.

>>56784954
>concerning
>interest rates have increased 6000% and I didn't notice
yeah

I do think that the price action today / tonight is investors with access to real time data selling the weak Black Friday (despite the headline number 7.5% blah blah blah)
if Black Friday really was super strong, we wouldn't be -0.5% NQ by 9:00pm

>>56784728
>Gold is going to $2200 soon.
i love gold but i dont think this is true. the price of gold is a matter of national security for the US

Lmao. This is good

>>56784971
>i love gold
Nothing matters until Cyber Monday and meaningfully the end of Cyber Monday which means after market close which means we pump til the sky Monday.

>>56784971
>i love gold but i dont think this is true. the price of gold is a matter of national security for the US
What do you think was on the agenda when Biden and Newsom bent the knee to Xi the other week. Gold is going to go up.

>>56784922
JEWS AND NIGGERS AND CHINKS
is the situation.

>>56784989
>What do you think was on the agenda when Biden and Newsom bent the knee to Xi the other week.
nothing came of it except trying to curb fentanyl trafficking

>>56784954
>always inverse /smg/
https://www.cnbc.com/2023/11/25/black-friday-shoppers-spent-a-record-9point8-billion-in-us-online-sales-up-7point5percent-from-last-year.html

>>56785014
key word there is online

>>56785014
more money spent but less products earned, inflation must be so out of control

>>56785008
It seemed Newsom bent the knee. Biden didn't. Newsom played soccer with kids in Beijing. Biden made Xi take responsibiltiy for inflows of Fentanyl. It's important to make these distinctions and not just speak /pol/ nonsense when speaking financial terms.

Information makes money or it doesn't and retardation is swiftly taken advantage of in this market.

>>56784984
>>56785014
> In-person sales don't matter
really mumu. is that the best you've got.

Macro edge posted.
Also just a reminder I will give you free compute and more pictures of me wearing a dress for $10/month
24 threads
400 watts
You can put the heat wherever you'd like.

>>56785016
>>56785027
why would it be any different in person?

>>56785027
they don't though

>>56785010
You guys are way off on this. The old Black Friday is long dead. Too much bad press. The sales started a week ago with the Best Buys, Wednesday the 22nd for Walmart. Only Lulu and meme stores waited til the day after Thanksgiving and it’s been this way for years. Bad press for Black Friday and worse when big boxes opened 2pm Thanksgiving day.

>>56785027
Have you seen that .webm. of the bitches going through Wal-Mart, pulling back all of the "Black Friday Deals!" sales tags and seeing regular "On Sale!" tags underneath?

A lot of big box stores aren't even offering black Friday discounts. They're just 20% off like they usually are for the Holidays. I just experienced this on the Amazon . com! Seriously.

>>56785034
>why would it be any different in person?
FREE COMPUTE FOR COLOCATION

>>56785027
Only poc shop Black Fridays anymore. Anyone with sense knows they can control the price at checkout a billion times better online.

>>56785041
>Wednesday the 22nd for Walmart
Wrong, because we started our sales 2 weeks in advance. We had a pre-presale week on the 9th, a presale week on the 16th, and black friday week on the 23rd, plus weekend only deals and cyber monday
It's a stretched out clusterfuck to capture sales. I had almost no hours despite it being a busy time of year and never even had time to look at any fliers or get any briefing

>>56785020
Concessions were made. Fentanyl for gold. Kind of like a reverse opium for silver trade. Fitting, don't you agree?

Gold is also the release valve for all of the capital destruction over the past year and a half. The Fed is okay with gold going up now, the banks that have gold will survive and eat the banks that do not. All going to plan.

>>56785043
Glad to hear your vote for Trump is locked in.

>>56785008
>xi came to america
>4090 gets banned
Bent knee? Since when does a king go to another kings castle to bend the fooking knee you GODDAMN CLOWN

>>56785057
Dude, Airpods Pro 2 was at $169 at 2pm on Wednesday the 22nd. That is when their measly BF sale started. Periodt.

>>56785064
Are you from /cmmg/? Do you think we gave them gold or something?
>Gold is also the release valve for all of the capital destruction over the past year
Bro, when ever in the past 150 years have we seen gold become a release valve for any country's capital? It's good to have but it never saves the day. Ever. Silver stacks don't. Platinum stacks don't; it doesn't matter.

BRICS trying to back a currency with gold is even a joke. You guys think you're tracking super villains from old cartoons who live in castles in the thunder and lightning, planning and plotting destruction. But they're all retards. They're egoists and bluff artists.

None of this gold stuff matters.

>>56785082
I should mention I'm in Canada, which operates differently than Walmart US. But still, I consider presales to be part of Black Friday

>>56785054
>>56785041
Just because they Flattened The Curve of BF spending doesn't mean lack of foot traffic on the supposedly most important shopping day of the year isn't indicative of poor in-person sales

>>56785034
>why would it be any different in person?
the irrefutable proof of anecdotal evidence speaks for itself

>>56785036
Very interesting opinion. Now, tell us, what percentage of holiday sales are in person?

>>56785075
4090 ban means nothing. The GPUs will just be washed through some neutral country.

Furthermore, China is interfering in the January 2024 election cycle in Taiwan trying to get a pro-China stooge in charge, or at the very least create chaos and a minority government, in preparation for a coup and occupation.

>>56785102
no idea because they don't matter, no one goes to black friday in person anymore its a relic of the past. my family has been shopping online for holidays for over a decade now.

>>56785090

>>56785090
>Bro, when ever in the past 150 years have we seen gold become a release valve for any country's capital?
Gold used to be $20 USD. It's gone up 10000% over the past century.

Buy PODD, or live in the podd

siga sisters wagmi

Lmao mumu. This cope you have posted ITT is hilarious.
>yeah, well, it doesn't matter that nobody showed up anywhere across the nation for black friday sales!
>yeah, well, it doesn't matter that no company was able to offer discounts to increase sales volume!
>yeah, well, it doesn't matter that the consumer is extremely weak going into the holiday season!
you are delusional if you think that black friday stampedes being completely gone universally is bullish

>>56785112
Nice hope it happens in 2024. But last I checked. It was 2023 and Santa hasn’t cum yet

>>56785155
We can do better quality than that...

>>56785160
everyone shops online now its 2023 and its been that way forever now

>>56785043
>A lot of big box stores aren't even offering black Friday discounts.
ikr, wtf. but fr though, since the black friday deals were so shitty, we arent sure if the consumer is tapped out.

>>56785160
Don't care. I spent $5k online shopping. Haven't left my home again since thanksgiving dinner.

Black friday as in person shopping goes, yeah that's dead and gone. WTF would you go to a store, deal with the mass of humanity all after "deals" and dealing with the self scan bullshit when hey go online, order whatever, and have the shat shipped to your house all while your sitting in a bathrobe sipping your coffee? Some places will even offer to gift wrap it for you. Hell later on as the decades pass and I and my Wife get to be old in our 60s I might just say to hell with in person grocery runs and get her to just have the shat delivered to the house.

>>56785054
>Only poc shop Black Fridays anymore.

>>56785155
>>56785166
Please poomp my CMRX bags

>>56785097
Aye.

Online black Friday sales were up over 7%. Lol.

>>56785166
checked

>>56785196
>poc
Soon to be the majority.

>>56785102
You just want a red day. The economy is bad, but stocks aren’t the economy – – yet.

>>56785194
>the mass of humanity
part of the demographics arent even human, subhuman maybe.

>>56785194
humanity progressing into neetdom is not good for society. This is some final stage of that rat society experiment

>>56785090
>BRICS trying to back a currency with gold is even a joke
That, and even funnier is the fact that even when combined, their stinky brown hands STILL own less gold than the US alone.

>>56785176
>>56785189
Lmao. Mumu
>pic related
You are completely delusional. You are living in La La land - you are completely out of touch with reality.
>MUH ONLINE SHOPPING
80%+ of retail sales are done in person.

>>56785196
Haha, yep. Gotta have niggers fighting on TikTok over a 3-year old tv and the latest yeezy drop.

>>56785238
excuse me, mouse utopia

*sleigh bells in the distance*

>>56785194
The discounts aren't even real. For example, mattress "sales" were the same price as non-black Friday.

>>56785243
Then show us 2023. Otherwise ANECDOTAL (hoping for a red day) evidence.

>>56785260
Lmao.
>Um, sweaty, although you're showing 2019, 2020, 2021, 2022, showing consistently 80%+ of retail sales being done in person, 2023 everyone is only doing online shopping, it has now reversed in a single year, where more is done online than in person!!!
You're so delusional, so unwilling to look at what is right in front of you, that it is a lost cause speaking to you. Similar to someone who believes with religious fervor that the world is going to end on a certain date - nothing I can say will convince you, the only one who can "convince you" is yourself, when you finally make the conscious choice to take the wool off your eyes

>>56785255
Mattresses have always been a con.

>>56785196
Pretty true. I mainly saw hispanics and nog families at the mall last Friday. They were spending a lot which is good.

>>56785279
You want a red day. Nothing more. You projectin, brah.

It's so fucking over.

>>56785255
Learn to stack discounts. Cashback + coupon + price comparisons + fresh credit card signup bonus.

>>56785290
You want a green day. Nothing more. You are projecting. You are not my brother.
You are greedy, insisting that the 15 years of false zero interest rates have created a sustainable economy. They haven't. Now the chickens come home to roost.

>>56785279
A nuke could break out between the countries of Israel and Ukraine. It still won't stop next weeks green.

>>56785303
it wouldn't pump oil either

>>56785293
PoC "markets" don't matter.

>>56785243
>all retail sales
>black friday
meds now

>>56785307
the advertisements I see on tv beg to differ
they don't even sell insurance to white dudes anymore

>>56785293
Get me out of these fucking chunks and into … into …. Idk gold? Nah not gold. Real estate? Not liquid enough. Fucking goddamnit. Treasuries? I’d rather die. Crypto? LMAO. Fuck it. Going back in nasdaq

>>56784703
>>56784834
>>56784848
>>56784850
>>56784922
>>56785250
Santa's coming to come, he told me

>>56785324
Get me out of these fucking chink stocks

>>56785325
I just hope it isn't Krampus.

Things have changed a lot in only a few years. Wasn't long ago the idea of food delivery aside from Pizza or in cities where they're packed in like rats was pure fantasy. You couldn't go to "Bum fuck nowhere WI" and still get some poor fuck to deliver your MCD's order to your hotel room. The concept of Uber was laughable to not to long ago. Used to be "oh you need a ride? I'll get you a taxi" was the thing. Now it's "I'll get an uber. People walk around talking to their-selves, more in likely they are on the phone. And not crazy off their meds as would be the case 20 years ago.

>>56785307
>Harro, Ching Chang Heads Fun?
>Ya, Chang sell muh Strick's and buy muh gold
>But we have special on booming real estate market derivative
>Noo, sell stock and buy gold

>>56785064
>capital destruction
Is the capital destruction in the room with us right now?

BOBROS WHAT SHOULD I SHORT

>>56785382
China as they will be in a new pandemic shortly

>>56785382
Buy SOXS

>>56785288
>They were spending a lot which is good.
lmfao is that where all the credit card debt is?

Oh, no, no, no.
It's over.

>>56785382
everything

Happy Bear Market!

>>56784834
Gtfo newfag

Boboids are coping and seething so hard, S&P 5000 by EOY.

>>56785462
It hasn't even begun to end

>>56785521
Based. Boboids get liquidated. Their wealth is now ours.

>>56785508
Post the chew you have a satisnackion version

>>56784989
Why would china want that when they have so many treasuries? They’ve only started arbing the mainland china-NY/London spread

>>56785036
>triple net retail REITs don’t have a market cap larger than most G20 stock markets

>>56785150
>It's gone up 10000% over the past century.
So has USD.

WTF is happening in futures...

I sold all my 3x LETFs friday afternoon. THIS RALLY IS OVER AND THIS WAS THE TOP!!!!!!!!!!!!!!!!!!!!!!

>>56785150
>Gold used to be $20 USD. It's gone up 10000% over the past century.
thats just re-adjusting for inflation

>>56784651
Red markets=Maga Country

>>56785686

>>56785741
What a shame

>>56785151
True

>>56785770
niggers really shitting up my /smg/ because sp500 is down .2% in premarket?
ofc they are, i don't even know why I was surprised

Gold up already to $2012. It's happening.

>4 hr RSI resetting overbought levels to neutral on low liquidity minuscule price action.

Great setup for this week lads. it's gonna be so green!

>>56785776
>thats just re-adjusting for inflation
If you buy it at its lows before the pressure blows, you can profit like any other speculative vehicle. If gold goes up 50% in the next 24 months, then gold and silver junior miners will go up 500-1000%. That's far outpacing inflation in the short term.

If your living room doesn't look like this I regret to inform that you're never going to make it

>>56784651
S E L L
Z E
O P T I O N S

Didnt get any takers last thread, but Ill try one more time. I thought of a really good idea for a business. Ill trade if for alpha. Any ticker that will do at least 2x in the next 6 months will do.

>>56786019
TUP

>>56784950
>>56784929
it's "kids with pneumonia" right now, i'd say 50/50 that it's a nothingburger or covid 2, electric boogaloo. keep your eye on the adults and death rate, this might just be the news blowing something out of proportion per usual.

>>56786011
>Hide post

>>56785014
>online
the devil is in the details, anon

>>56786011
why must you torment me

I guess no update video on the stock market this week...

WHEN YOU COME OUT YOUR SHIT IS GONE
WHEN YOU COME OUT YOUR SHIT IS GONE
WHEN YOU COME OUT YOUR SHIT IS GONE
WHEN YOU COME OUT YOUR SHIT IS GONE

>there is still a BBBY general

goin full DRIP when markets open. Oil gonna DUMP to $70

SPY 500 EOY

Buy gold & miners

>>56786019
Ideas are worthless without execution. Certainly not worth a 2x. Ideas are worth zero. But if your idea is actually good, as someone who works on a side project daily, I could tell you a ticker that I believe will 2x. But not on smg, too many Jeets and Hedgies watching.

I may be interested in sharing my trade but being that my trade idea is more valuable than your business idea (ideas are worthless without execution) I'll need you to start with the industry that your business idea is in, and if it could it be accomplished by a solo entrepreneur such as myself.

you DCA'd into it?

>>56786118
If you go to the BBBY or GME threads and observe what's going on, they're actually like 90% bot posts, recycling posts from past threads. Some real salty bag holders who refuse to die have resorted to using bots.

Fucking hell... how much longer do I have to wait for WWIII

>>56786011
I’m so thirsty

>>56785972
Gold is currently over monetary expansion since '71, it's far more probable gold goes down (factored for money stock) than up from here

>>56785010
Walmart now spreads nigger Friday across the whole month to avoid that.

>>56785279
You deserve to be executed isis style for being a bear and for no other reason. I don't honestly care what you have to say, I just want you watch someone cut off your head for having the wrong beliefs

gold will make a new ATH this week

>>56786015
puts or calls?

>>56786156
Advisory services.
Normally I would agree with you, but this idea is so good it practically executes itself.
>>56786025
Hmm I dont really like meme stocks, but this one has a chance. Ill need a moment to think.

>>56785298
Nerd

>>56785316
They know we don’t have to be told (socially engineered) to buy it.

Anyone have the "Recreation time spent based on income level" picture?

>>56786287
Just drop the idea, and if it is good I'll drop my ticker.

>futures

https://youtu.be/NqvyGqoO5Ag?si=sIYq1dUwBWJG5Hjq

if i want to trade CME what broke should i use?

How do I figure out if a company is actually doing well or will do well in the future? And is 17 cm enough?

>>56786368
>0 heart dick
Fucks sake just kill me

lol I was fighting with myself Friday whether or not to swing spy puts, of course it’s gonna drop off a cliff premarket and crab during retail hours

Economic Aposematism

>>56786235
Depends on your strategy, I tend to prefer spamming SPX credit spreads and react to how it's going to operate in 30 days or so, sometimes its a bull-put, other times a bear-call.

If I had to guess though we're going to crab for a while so maybe iron condors is ideal.

>>56786458
Obviously nta, but I'm using the sqrt(N x atr) method to project prices. Not sure how I feel about this spread right now. Doesn't seem likely, but then an 8% drop into WMT's ER didn't seem likely either

>>56786313
Alright.
A business where people pay you to be their reference so they can fake work history on their resumes.
Whats the ticker?

>>56786470
>https://optionstrat.com/build/iron-butterfly/WMT/.WMT231215P160,-.WMT231215P165,-.WMT231215C165,.WMT231215C170

Try doing a ironfly if you're going to try that trade in particular. That in mind if you're not entirely sure which way WMT is going to go, but you know it will *move* try doing a backratio spread

>https://optionstrat.com/build/put-ratio-backspread/WMT/.WMT240119P150x2,-.WMT240119P160
There's also a Call version of this too but it may fit you better if you do lack a directional point.

>>56786368
Bro my dick is slightly over 18 cm. We could hire asian whores to announce stock market news and the trades on here while we molest and fuck them and have people subscribe to our onlyfans for profit.

>>56786500
I did try a bull credit spread on XLF back in september, but ended up getting assigned early and had to exit the trade because price ended up moving against me and I didn't have the cash to maintain the open position (which was the right (but still losing) choice to make anyways, since I was going to be earning daily interest on a position that didn't work out)

I know picrel is kinda messy, but I feel like there's a retrace to 160-163 that could happen, since it's a price level that many projects converge on. I dont know, I've had the worst luck with options. I understand greeks, I know how to construct different spreads, but I pick wrong every time

>>56786368
>is 17 cm enough?
Use your brain, you pathetic failed normie.

>Black Friday revenue increased by 7.5% y/y
>Sales increased by 2.5% y/y
and so on... people really can't help themselves. No wonder the US has such insane GDP figures. It's all supported by such an insane consuumerism. Good for them.
I personally couldn't find anything worth my attention. 10% off on some crap. Pathetic.
Then again, it might be connected to the growing inflation consumer expectations. They are expecting prices to keep rising so they buy now when it's still relatively affordable.
Or maybe normies are simply that rich after the massive QE.

>Gold finally broke the 2000 barrier
Goldbros, we're eating good. Heh, very nice. Typically, gold moons as they start cutting (to which I am very much looking forward to)

Oh no.. I should have known EU is going to pump on monday on open even black friday to monday pump and dump scheme..Especially Sweden, straight up gigapumping. Fuck this bullshit.

>>56786539
>but ended up getting assigned early and had to exit the trade
On a low level this is why I don't bother with spreads on American style options. Granted some kinds of spreads can be good if you play them right like a PMCC but that does require some tact to manage well, or a simple wheel may work too if you have the cash. If you're inclined for spreads do it on any Euro style option like the indexes and future options since they don't have early assignment risk and they have better tax rules too.

>I know picrel is kinda messy, but I feel like there's a retrace to 160-163 that could happen, since it's a price level that many projects converge on
To be frank I've never been a fan of using technicals to determine what a stock will do since some bull shit news could make it sky rocket. Focus on the story, the fundamentals of the stock rather than what the numbers say in the short term but that's how I do it so it may not suite your psychology.

>I dont know, I've had the worst luck with options. I understand greeks, I know how to construct different spreads, but I pick wrong every time
Try something new and make clear rules for it. If you're shit with options then work it from a basic mode, sell cash secured puts, and when you get assigned eventually sell covered calls to get a handle on some mechanics.
Unironically I would recommend trying it on F or UUUU given their lower prices but range bound nature they have.

>>56786564
>Euro markets pumping
KEK bears always get excited about futures until open. Fucking US market is likely to pump long and hard. The santa rally is coming.

>>56786564
Swedish index omxs30 is projected to open down from fridays close

Also dax is down

>>56786581
I'm just going to ignore the whole week as last week. There isn't any trading anymore at all.

>>56786564
Last time I checked, OMX was down a little bit. But yeah, the EU indices, in particular OMX, are beyond retarded.
M8, we told you not to short into the Santa Rally didn't we? There is literally no reason for Sweden or DAX to not be at ATH or close to it right now.
I fully expect another +10% on the indices by this year's end. Shit's retarded but what can you do?

>>56786539
>>56786573
Pars II,
To better explain why I'm shilling the wheel here,
https://optionalpha.com/blog/wheel-strategy

Overall it forces you to get good at trading. It forces you to think strategically, pick better stocks, it's simple to do and sometimes simple wrks when it comes to this, etc... That in mind you can easily fuck up this like going after the highest premium possible but then you'd wind up bag holding a stock you really R E A L L Y don't want like GME etc....
The great thing about the wheel is it's simple to do and if you pick stocks you like, and extend the time you don't mind holding them your stress over the trade drops.

>>56786539
what are you projecting off of 1 candle to make diagonals from a single point? smaller time frame?

>>56786599
Ah right. I forgot about Riksbank pussying out. Nothing else to expect from Swedes to be honest.

>>56786599
Are you swedish?

Omx is not retarded if you understand the 5-10 biggest stocks in the index. Some are very highly weighted like Aztra Seneca and several banks combined

Are you all retarded? Futures look like shit for now.
The only thing rising right now is VIX and my european dick this morning

>>56786620
Stfu anon futures are unreliable indicators.

>>56786610
Of course. But you see, we all follow the US (the FED in particular) so we're all cowards all the same. But yes, Swedes are in general even more cowardly. They ask for lower salaries, they help both sides in a conflict, they are deadly afraid of a low inflation, and deadly afraid of a strong currency. Sucks for them but they made their bed.
>>56786613
Poor choice of words. But for example Volvo that has projected worse P/E for upcoming years bc of a weaking dollar (Volvo is majorly a US company) and lower price gouging. Ok, great. So why is it pumping to the heavens?
In general though, most stocks here are quite undervalued with insane profits, insane divvies, and a strong growth... oh and a massive price gouging leverage.

>>56786635
Volvo is not a swedish company and shouldn’t be traded in the swedish index.

>>56786573
>UUUU
I was actually wheeling UUUU for a few months, but ended up spending most of my profit on transaction costs (exercising, even automatically, cost me an extra $25 or whatever the platform's fee was). I find that swing trading is good when a stock's ATR is between 2-8% of its price, enough volatility to get good size positioned, but not too volatile where a fuck you candle will kill the position.
I do like TA for trend trading, but equities are more volatile, apparently its better for forex and commodities and metals

>>56786635
>>56786644

Isn't Volvo also doing military equipment?

So /smg/bros, we're WINNING right?

I think I am. I was feeling dumber and dumber as I bought the dip on everything from Sept to Oct, but Nov has proven that buying the dip was right again. TMF, TNA, and most of my single stock picks all up.

p.s. why are /pmg/fags shilling their rocks here? I own more gold than most since I work in an industry that uses it, but keep this is /smg/ so unless it's something in the GDX then it belongs in /pmg/ or /cmmg/.

All my gains that took 7 hours evaporated in 1:20 hours, kek.

OMX truly is a meme. I could have shorted FANG, so the AI-Techtrannies and would be better off. Might focus more on that.

>>56786645
>but ended up spending most of my profit on transaction costs
You may need a better broker kek
IBKR is pretty good when it comes to this or ideally tastyworks. If really broke you could use *Robinhood* but I don't recommend them if you can help it.
>but equities are more volatile
ehhhhh, if anything is in the SPY it follows SPY for the most part hence why I just spam credit spreads on the SPX a lot of the time. Now don't get me wrong individual stocks are definitely volatile but given my more set it and forget it method it's not ideal, if it was I'd just trade futures since it's highly directional.

That said; If you can shuffle over 1k over to another broker who won't nickel and dime you try wheeling UUUU or F since they're pretty cheap, plus it'll give you some experience with the method.

>>56786649
Mainly SAAB, but SAAB is not in main index omxs30.

Volvo makes trucks also (military)

>>56786675
Dw bro

>>56786644
A lot of Swedish companies are not Swedish. They kind of have to remain in Sweden to keep receiving their truly astonishing government benefits and gibs. Sweden is held by the balls by these big companies. They have the ultimate leverage.
That is why they are taxed less. If the big companies had to pay the same taxes as normal people, they could never build up their business. That's why for example IKEA was not founded in Sweden (yet is hailed as the quintessential Swedish company bc normos can't help themselves).
That's why you shut up, keep working, and keep buying. We shrimps have it easy like that. Stocks go brrrrr
>>56786649
Indeed they are.

>>56786645
>apparently its better for forex and commodities and metals
Should also add,
Forex is fake and gay
Futures on the Micros are very good, but if I'm being 100 here DO NOT TRADE THEM ON A SMALL ACCOUNT. You will die very fast since a single 5 minute candle can easily stop you. At a minimum you should throw 10k at futures trading since you give yourself some flexibility and breathing room. As always though try doing them on a paper account and see how it goes.
>https://www.cmegroup.com/education/practice.html

>>56786672
You should be more considerate of PMs going up because it means that there is no recession just yet, which is good for stocks. And naturally, mention of PMs in this channel is an indication to buy or sell miners, royalties are other derivative funds.

>>56785075
>banning the 4090
what for? No one uses this watts hog for anything serious, data centres don't use those

>>56786691
Oh no, I trade on the daily charts using 1% account risk, nowadays

>>56786606
I take the closing price and look ahead like 30 days or whatever, and +/- sqrt(N x ATR)
I look at a few projections and see where where they overlap. I think this is similar to how bollinger bands work (using volatility and seeing whether price is within/outside a band)

>wake up
>See pic related
CUT MY LIFE INTO PIECES


Btw, at what percentage or amount of money does it actually hurt for you, anons? I have about 10k in, and I'd probably genuinely start seething at -5k/50% down

>>56786751
Forgot pic

>>56786751
If I am not beating inflation, I am seething. As such, I am always seething. Oh and then there are the 4% yearly fees I gotta pay on my stocks. So if I make less than 20% every year, I am seething. But on a more serious note, I'd say below -20%

>>56786644
>>56786649
There are two different entities which call themselves "Volvo". There's Volvo automotive which is/was owned by a Chinese company. And then there's the company which makes various trucks and other heavy equipment. Both were subsidiaries of a company which makes ball-bearings and still exists as a separate entity.

>>56786751
Ive lost 12k over 3 years against a NW of (now) 62k. Probably a 25-30% drawdown from when I started trading... its bad but its not catastrophic. I'm much more careful with money and risk management, and I'd rather just buy 5% bonds than bleed money, until I figure out an edge.
For example, I'd lose a few hundred per trade during the mania, but nowadays I have tighter stops and a more developed system, did 10 trades and lost no more than $150 across them total.
It really is about protecting yourself from losses

I think that anon is going to steal my business idea without giving me alpha.

>>56786835
your business idea is trash

My brown wife

anyone familiar with Amibroker Formula Language (AFL)? not a programmer so this is making my head spin. just want to backtest a script in such a way that for each time the buy signal triggers, buy 100 shares. each time a sell signal triggers, sell 100 shares. the problem right now is that it just goes all in which is just too dangerous

>inb4youtubeit
the videos suck

>go use the website forum
i'm trying but they're not very helpful and just tell me to look up a previous thread or some other forum bs

>Oil

>>56786906
Im a programmer and I found TradingView to be pretty good. Thats just me.
I wanted to make my own deep backtester because I want to get into quant

>>56786869
Lad you can do better than that walking down the street of any city or town anywhere except India.

>>56786206
Lol screenshotted this

>>56786869
Fuck did you set the bar low. Do you have something for women with resting bitch face???

>BEIJING (AP) — A surge in respiratory illnesses across China that has drawn the attention of the World Health Organization is caused by the flu and other known pathogens and not by a novel virus, the country's health ministry said Sunday.
It's the fucking flu lmao move along Bobos

TICK TOCK YOU MUMU ULTRA NIGGERTARDS

>>56787092

>>56787092
>line went up
>therefore line go down

>>56787096
PREPARE YOUR ANUS

>>56787099
>yes

>>56787092
This chart is a fucking mess. The middle and bottom don't even line up in action terms.

>>56787077
The WHO literally ran damage control for China last time, causing covid to spread internationally. Extremely bearish.

>>56787123
:)

>>56787077
>the country's health ministry said Sunday.
So the same thing they said about Covid.

>>56787092
>>56787096
>>56787103
bears are cute

>>56787134
liquidity

>>56787129
You don't need 3 different charts to realize there will be pullback coming you dumb queermo.

>>56787134
Ríe ahora llora despues

>>56787152
>>56787152

>>56787160

>>56787167

>VIX
it's crash time

Man, there was a 16% gain from october 31 to today. If you made exactly one trade you would outperform the market average
Seasonality is crazy, I need to not be a nigger and pay more attention to this shit

>>56787176
I'll fuck your shit up bro

>>56787197
>t.

>>56787201
I can fix her

>>56786368
white people use inches

>>56787134
You fucking retard there is no bullish signal. There's a few giga overvalued stocks with PE of 40-100 that are propping up this sham. The rest of the market is flat or down.

As soon as retards figure out that 50 PE stocks don't make any money this entire charade will end.

>>56787316
My prediction is that it will do the opposite. It's going to hit the ATH just to spite the bears.

Today we will witness a stock market crash. If we're lucky, bankers, politicians, and federal agents will start jumping out of buildings in the coming week.

>>56787316
Anon stocks don't have to make money, that's never been the case. Markets are forward looking.

>>56787316
>whole thesis is high pe cant go up
babies first analyis. amazon has had 1000 pe numerous times, and its up.

>>56787316
>the market has to be reasonable!!!

>>56787316
Anon, retards dont know what PE is
Besides, its a symptom of other economic indicators, so its useless on its own

>>56787406
It's not difficult to understand PE, it's just that there are plenty of examples why PE alone isn't a useful indicator of shit

Just woke up
already up 0.25%
feels good

>futures

Black Friday is over... So why the FUCK are my stocks going on sale?

>>56787201
shes perfect

>>56787220
>>56787611
Just look at that stare she's a fucking demon bros. That is a stare of total irreversible annihilation.

>>56787604
you bought tech? it's cyber monday

>>56787639
Cyber Monday for Oil as well?

Give me 2 junior gold miners to throw some meme coins on

real bank niggas dont flex nuts
cause real bank niggas know they gottem

>>56787370
Amazon is the odd egg out since they spent most of their money building that massive physical shipping infrastructure. Tech? Not so much. Pic related

>>56787770
>some
one. there's one of them. it's probably ilya or greg.

Why the fuck is DXY so weak right now

I have just bought two iPhones. That's financial advice

>>56786906
>not a programmer so this is making my head spin.
you might be retarded.
>if the closing price is greater than the 200-day moving average and the 2-day average RSI is below 30, then buy
"signals" and TA are for retards anyway, so, enjoy

>>56787134
>zweig breadth thrust
who comes up with these indicators?

>>56786564
you keep seeing "schemes" because your attention span lasts about 3 days. stop trying to be a "trader." you aren't. you never will be.

>>56787676
Cortus Metals
Nevada Exploration

>>56787823
Martin Zweig

JSW bros we got cucked with a 65% income tax.

>>56787826
You holding those two in your portfolio?

>>56784728
$2600 actually. but it won't mean anything.
>>56784759
let 1/3rd of your principal in these roll off and start looking at IWM-listed companies that have positive earnings outlooks.

>>56787798
heh
>>56787823
i think the point of that post was that you can cling to bullshit no matter whether you want to hallucinate impending doom or a new bull market. either way signals are deliberately misleading and 90% you do it to yourself, 10% someone's trying to sell you a subscription to something. but maybe i give anon too much credit.

Turns out it's retailtards holding Mag7 bags ready to get rugged lmao, hedge funds have Mag 7 as their top holdings but less than their S&P 500 market cap weights.

>>56787878
No one with a clue is holding 50 PE bags at market cap. They're all either skipping or underweighting them.

It's retailtards who think Nvidia will be a 100 trillion company in 10 years

>>56787894
What are they holding instead then?

>>56787856
Yes, Cortus avg. @0.008, Nevada avg. @0.135.
They are dormant, but will multibag once the sector turns.

>>56787856
>>56787921
Another is Discovery Harbour Resources ... bought 50k @ $0.05.

>>56787826

These two feels like absolute shit tier companies kek

>>56787921
>>56787930

Aight imma throw 300$ at each one, wish me luck

>>56787934
They are, but the beauty of a bull market is that even turds float to the top. I'm a specialist in picking dormant cos. My DHR has started to move already--up 40% on no news.

>>56787919
They still hold megacaps but not as much as SPY does

>>56787945
Ok, anon, good luck. You buying on the TSXV or OTC?

My crocs is printing like shit. I told you to be a maximalist before the stock skyrockets to 180$ once everyone realizes their debt is easily payable

>>56787945
>>56787954
Remember to check the spreads on both exchanges. I think they trade in German exchanges, too, but those spreads are usually outrageous.

>>56787948
>>56787894
Warren Buffet has dumped most of his stocks but what he does hold is all mega cap, and its barely like 6 of them

>>56787954

TSXV, europoo here so no access to OTC I think. Should I put in a limit order or buy it at ask price? I always get assfucked when I buy at penny stocks at ask

>futes

No but really why the fuck is DXY so shit rn

>>56787968
AAPL is half of his stocks and the rest of Mag7 isn't found except for AMZN being 0.41% of his stocks.

>>56787981
>No but really why the fuck is DXY so shit rn
>t. cashgang.

>>56787968
Can somebody post a pic of warren buffets stock distribution?

>>56787990
Cashgang is the ultimate fence-sit.
Just go all-in on SOXS or SQQQ if you think shits about to crash.

dump it

>>56787992
>>56787982
apparently he sold way more than I realized, only holds Apple as part of the big ones

>>56787974
I usually order at the bid, but it might take you a while to fill. For Cortus, you'll be waiting a while since there's more than 5M bid at 0.005 (including 400k from me that I've been waiting for months to fill).
Another co I'm in is Mirasol Resources (MRZ.v) which explores in Argentina and Chile. It is a seasonal performer (S. Am summer) and is sitting near yearly lows. Should be at least a double before June/July. I have 12.5k left at $0.365 after selling a bunch earlier this year.

pump at open its fake dump in futes

t coping mumu

crypto market is down so it means stocks are going up right?

>>56788008
>915M
>"In apple? Yeah makes sense"
>Of apple shares...
>Mfw
Fuck are these people insanely rich lmfao. Btw what website is this?

>>56788000
Checked
Doomp it

>>56788022
>crypto market is down
Barely, sadly. I want cryptotards to suffer, reaching 15k again or even worse, I want to see the whole board plastered in pink wojaks while only smg remains

ALIEN DISCLOSURE IMMINENT UFO ARRIVAL VERY SOON 2023 QAnon
Q
Dear Sirs, a very important classified video will be leaked before Full Alien Disclosure Occurs in the Months November 2023 Official Global Arrival Date please review attached Transcripts
I'm Formerly employee in DEEPSTATE Government Best Regards Goodluck.

https://www.youtube.com/watch?v=eGORuzZsCVU

Aliens UFO DID 911 TRUTH
When 9/11 happened, news in Australia initially reported that the US was attacked by aliens. There used to be videos of metal orbs flying right through the buildings coming from above instead of directly towards., RESEARCH THE FLAT EARTH.

>>56788029
Hedgef ollow, they show all the public data of hedge fund portfolios.

>>56788045
I believe you anon
should I buy or sale

>5% cash gain looks so good
>want to stay there but no know cash is beyond fubar for the long term
it hurts leaving the divy's behind

>>56787974
Yeah, don't slap the ask on these. Maybe you should look for something more liquid. There are pumps starting on EVER.v and ADZ.v but they are being orchestrated by scum bags and will require you to be nimble.

>>56788016

Gotcha. Ty anon

>Print currency.
>Buy equities with printed currency.
>Reduce the purchasing power of currency holders.
This shit is so stupid at this point...

>>56788119
And in traditional japanese fashion they only pump and inflate their own stocks to make a bubble. If they had held the global stock market they'd be doing great.

And lets not even begin to talk about the retarded social experiment which was yield curve control

How do I get rich trading options? Is it even possible?

>>56788127
>If they had held the global stock market they'd be doing great.
Something like the Swiss national bank that prints money to buy Apple, Alphabet, Microsoft, Exxon etc...

>>56788128
>How do I get rich trading options? Is it even possible?
No. Invest don't trade.

>>56788128
guess what direction shit is going to move within a given timeframe correctly without getting raped by the premium

>>56788136
or volatility unpricing itself in

>>56785741
Why does my man Jong-un look like he's from New Jersey?

Go ahead and bake. I’m bout to start posting

>>56786011
>having the whole Christmas tree up and decorated three (3) days after Turkey day.
bruh...

>>56788179

Faking

>>56788187

>>56788185
This is it. This is the end. God have mercy on us all

baking

Bakedancing

Thinking bout how mad I’ll be if the first link I click on is a Gme thread

>>56788220
would a kadena thread be better?

new
>>56788235
>>56788235
>>56788235

>>56788119
>Biggest Japan Stock Owner
Why are headlines all written in caveman speak now?