/smg/ STOCKS MOONING GENERAL

[Anonymous No.19672172]

MOONING FUTURES EDITION

>Brokers
https://pastebin.com/F1yujtVq

>Stock market Words
https://pastebin.com/VtnpN5iJ

>Risk Management
https://pastebin.com/sqJUcbjp

>Live Bloomberg Stream
http://www.livenewson.com/american/bloomberg-television-business.html

>Educational Sites
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain
https://nhentai.net/tag/hand-holding/

>Free Charts
http://www.tradingview.com
https://www.finscreener.com/

>Screeners
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Pre-Market Data and Live Data
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/
https://www.msn.com/money

>Bio-pharma Catalyst Calendar
https://biopharmcatalyst.com

>Boomer Investing 101
https://www.bogleheads.org/wiki/Getting_started

>Dividend Reinvestment (DRIP) Calculator
https://www.dividendchannel.com/drip-returns-calculator/

>List of hedge fund holdings
https://fintel.io/

>nigger lives matter lol

>Links for bulls
https://suicidepreventionlifeline.org/
https://www.sprc.org/
https://afsp.org/
https://www.nimh.nih.gov/health/topics/suicide-prevention/index.shtml

>Misc
https://squeezemetrics.com/monitor
https://market24hclock.com/
https://tradingeconomics.com

>Previous Thread
>>19668199

[Anonymous No.19672184]

Aww, looks like my little guy had a lot of fun. Now, now, don't give me that look, I'll let you play again some other time. *yoink*

[Anonymous No.19672186]

futures pumped yesterday as well mumu

[Anonymous No.19672191]

Why is THIS the top story on CNN business?

[Anonymous No.19672195]

yup, we're crashing tomorrow

[Anonymous No.19672196]

I've never messed around with futures. Is now a good time to buy some TVIX? I was thinking about throwing $1k in it first thing tomorrow morning.

[Anonymous No.19672199]

Hello, I just woke up
Why is everything red and down-pointing?
Many thanks in advance

[Anonymous No.19672200]

pee pee poo poo

[Anonymous No.19672203]

>>19672191
They have a whole section on Diversity now too for some reason

[Anonymous No.19672206]

What are the chances we see another dip tommorow?

[Anonymous No.19672209]

>>19672195
nope today was the crash. silly bear

[Anonymous No.19672210]

>>19672184
BVLL CHAD RISE THE FUCK UP

[Anonymous No.19672213]

>he thinks futures mean anything in this market

[Anonymous No.19672214]

After the housing crisis, subprime CDOs naturally fell out of favor. Demand shifted to a similar—and similarly risky—instrument, one that even has a similar name: the CLO, or collateralized loan obligation. A CLO walks and talks like a CDO, but in place of loans made to home buyers are loans made to businesses—specifically, troubled businesses. CLOs bundle together so-called leveraged loans, the subprime mortgages of the corporate world. These are loans made to companies that have maxed out their borrowing and can no longer sell bonds directly to investors or qualify for a traditional bank loan. There are more than $1 trillion worth of leveraged loans currently outstanding. The majority are held in CLOs.

The Bank for International Settlements, which helps central banks pursue financial stability, has estimated the overall size of the CDO market in 2007 at $640 billion; it estimated the overall size of the CLO market in 2018 at $750 billion. More than $130 billion worth of CLOs have been created since then, some even in recent months. Just as easy mortgages fueled economic growth in the 2000s, cheap corporate debt has done so in the past decade, and many companies have binged on it.

[Anonymous No.19672217]

>German airline Lufthansa plans to cut 22,000 jobs

[Anonymous No.19672218]

CONTINUED CLAIMS
>CONTINUED CLAIMS
CONTINUED CLAIMS
>CONTINUED CLAIMS

[Anonymous No.19672221]

I love volatility.

[Anonymous No.19672224]

>>19672186
>>19672195

I really and unironically hope you bought calls EOD today

[Anonymous No.19672228]

>>19672191
they really do love using that word huh, toxic. link me up senpai i want to learn more about how women are bad to each other.

[Anonymous No.19672238]

Should people hold on to Tesla?!

[Anonymous No.19672240]

>>19672217
That company was just bought (partially? fully? I don't know) by the German government itself. It's dead and gone.

[Anonymous No.19672242]

Are you people incapable of making one new thread at a time?

[Anonymous No.19672244]

>missed the CPE and COTY dips during ah
i'm too mcfuckin stupid huh

[Anonymous No.19672247]

>>19672228
https://www.cnn.com/2020/06/11/media/refinery29-workplace-culture/index.html

[Anonymous No.19672261]

>>19672217
Jesus

[Anonymous No.19672268]

>>19672238
Tesla is a safe stock. I got 2 shares in Apple and I still have some money made from it despite the drop.

[Anonymous No.19672270]

Did I fuck up by not going in on Airlines and PK today? Cause I feel fucking dumb as hell right about now

[Anonymous No.19672271]

>>19672240
Well...

>Last month, Lufthansa agreed a rescue deal worth €9bn (£8bn) with the German government to save it from collapse.

>The German government will take a 20% stake in the firm, which it intends to sell by the end of 2023.

>However, the deal still has to be approved by the firm's shareholders and the European Commission.

[Anonymous No.19672273]

>>19672172
So are we actually going to experience a great depression? a recession? how do you guys think itll affect the average person? and when

[Anonymous No.19672276]

I didn't even make the list...

https://en.wikipedia.org/wiki/List_of_trading_losses

[Anonymous No.19672281]

NRZ is going to moon when this shit is over with. Can’t wait.

[Anonymous No.19672284]

>>19672209
>march 23rd was the crash
>june 11th was the crash
where does the copium end? nothing has been fixed since 2008 and things are only going to get worse from here. we will not reach ATH for years.

[Anonymous No.19672285]

>>19672191
It's a business in controversy. Why are you too retarded to understand that?

[Anonymous No.19672288]

>>19672209
>Unironically the bears were the good guys in this movie

They still need to get their shit kick in next thing in the morning

[Anonymous No.19672291]

Largest historical moves in the VIX

[Anonymous No.19672299]

>>19672214
oooohhhhhhhh
noooooooooooo

it's a disaster

[Anonymous No.19672300]

>>19672281
NRZ will not exist in about 6 months time you fucking moron.
>t. they own the mortgage on my house

[Anonymous No.19672307]

>>19672284
look at the fucking futures market you dumb bear

[Anonymous No.19672312]

>>19672268
Yeah, I bought some at 940. Still up a bit. Tesla's trajectory is upwards in the long term, but it'll be a bumpy ride. May fortune favour you anon.

[Anonymous No.19672315]

>>19672247
thanks fren

>>19672270
plenty of time tomorrow. looking at LUV and SAVE for meself

[Anonymous No.19672318]

Delusional bulls are going to get fucked by the chinks and europoors lmao
>Delusional bulls are going to get fucked by the chinks and europoors lmao
Delusional bulls are going to get fucked by the chinks and europoors lmao
>Delusional bulls are going to get fucked by the chinks and europoors lmao
Delusional bulls are going to get fucked by the chinks and europoors lmao
>Delusional bulls are going to get fucked by the chinks and europoors lmao
Delusional bulls are going to get fucked by the chinks and europoors lmao
>Delusional bulls are going to get fucked by the chinks and europoors lmao
Delusional bulls are going to get fucked by the chinks and europoors lmao
>Delusional bulls are going to get fucked by the chinks and europoors lmao

i also only respect cunny, bros

[Anonymous No.19672319]

>>19672214
The Bank for International Settlements estimates that, across the globe, banks held at least $250 billion worth of CLOs at the end of 2018. Last July, one month after Powell declared in a press conference that “the risk isn’t in the banks,” two economists from the Federal Reserve reported that U.S. depository institutions and their holding companies owned more than $110 billion worth of CLOs issued out of the Cayman Islands alone. A more complete picture is hard to come by, in part because banks have been inconsistent about reporting their CLO holdings. The Financial Stability Board, which monitors the global financial system, warned in December that 14 percent of CLOs—more than $100 billion worth—are unaccounted for.

Since 2008, banks have kept more capital on hand to protect against a downturn, and their balance sheets are less leveraged now than they were in 2007. And not every bank has loaded up on CLOs. But in December, the Financial Stability Board estimated that, for the 30 “global systemically important banks,” the average exposure to leveraged loans and CLOs was roughly 60 percent of capital on hand. Citigroup reported $20 billion worth of CLOs as of March 31; JPMorgan Chase reported $35 billion (along with an unrealized loss on CLOs of $2 billion). A couple of midsize banks—Banc of California, Stifel Financial—have CLOs totaling more than 100 percent of their capital. If the leveraged-loan market imploded, their liabilities could quickly become greater than their assets.

[Anonymous No.19672330]

>futures up 0.52%
>everyone forgot we had the exact same thing last night before today's 1800 drop
>*draws card*

Uhm, Im low ballin some stuff and see I get some bites overnight!

I put 5 low ball trades face down and end my turn!

[Anonymous No.19672332]

>>19672307
How much do you have in the market right now? I hope you're all in and that you think of me right before you kick the chair out from under you, you absolute fucking faggot. :)

[Anonymous No.19672338]

in real estate a lot of construction contracts are starting up again after being on pause for the corona. This means heavy equipment, labor, and materials. What stinks do you recommend for getting in on this shit

[Anonymous No.19672342]

>>19672307
Not him, but after 3 days of dropping you'd expect at least one day mildly up. Tomorrow being green doesn't confirm this isn't a further drop.
Then again, this drop doesn't confirm that we won't be going back to 320. We'll have to see what the weekend holds.

[Anonymous No.19672343]

Futures just got crushed
We were +220 on DOW
Oil is now down -4%

[Anonymous No.19672347]

>>19672338
ZM and TSLA

[Anonymous No.19672352]

>>19672291
What does it mean?

[Anonymous No.19672354]

Just wanted to say I love all of my frens on /biz/ and I hope you all sell the top and buy the bottom.

[Anonymous No.19672359]

>>19672172
All of my longs made huge recoveries in the afterhours

[Anonymous No.19672372]

>>19672291
neiss, my autistic fren
this is how to properly track moves

[Anonymous No.19672375]

>>19672319
>>19672214
The main reason CLOs have been so safe is the same reason CDOs seemed safe before 2008. Back then, the underlying loans were risky too, and everyone knew that some of them would default. But it seemed unlikely that many of them would default at the same time. The loans were spread across the entire country and among many lenders. Real-estate markets were thought to be local, not national, and the factors that typically lead people to default on their home loans—job loss, divorce, poor health—don’t all move in the same direction at the same time. Then housing prices fell 30 percent across the board and defaults skyrocketed.

For CLOs, the rating agencies determine the grades of the various layers by assessing both the risks of the leveraged loans and their default correlation. Even during a recession, different sectors of the economy, such as entertainment, health care, and retail, don’t necessarily move in lockstep. In theory, CLOs are constructed in such a way as to minimize the chances that all of the loans will be affected by a single event or chain of events. The rating agencies award high ratings to those layers that seem sufficiently diversified across industry and geography.

Banks do not publicly report which CLOs they hold, so we can’t know precisely which leveraged loans a given institution might be exposed to. But all you have to do is look at a list of leveraged borrowers to see the potential for trouble. Among the dozens of companies Fitch added to its list of “loans of concern” in April were AMC Entertainment, Bob’s Discount Furniture, California Pizza Kitchen, the Container Store, Lands’ End, Men’s Wearhouse, and Party City. These are all companies hard hit by the sort of belt-tightening that accompanies a conventional downturn.

[Anonymous No.19672385]

>>19672359
Not anymore tomorrow morning lol

[Anonymous No.19672390]

>>19672354
based

[Anonymous No.19672395]

>>19672338
Hold cash... The worst is yet to come. Systemic crash incoming, but there is no calling this market.

[Anonymous No.19672400]

>>19672268
>tesla
>safe
yikes

[Anonymous No.19672402]

>>19672354
Good luck to you as well anon

[Anonymous No.19672410]

>>19672342
After weeks of near parabolic upward movement you would expect a correction back to the up trendline. That's what we got. It's good to be a bear now and then but the bull rally is nowhere near over. In the grand scheme this little fall is a blip.

[Anonymous No.19672413]

Thank you Tim Apple

[Anonymous No.19672420]

>>19672413
She looks like she fucks black men

[Anonymous No.19672421]

>>19672330
uhhhh
bro I fit in some bigtime selling right at the close but I forgot to leave out any monsters in defense position. Just freed up cash, forgot to add vix and inverse exposure.
How's I do? Any chance we get a green morning bounce to enter short positions on?

>>19671990
>But I have little patience for people who obviously haven't taken the time to learn a damn thing.
I’m honestly trying to understand what’s going on with the futures markets apparently the tail that’s wagging the dog right now, but all this stuff makes me feel like such a retard.

Apparently volume on the Nasdaq futies dried up until today, tqqq is large enough that their daily rollover forces swaps that cause the banks to hedge and... I really don't get it...


>>19671977
Based and pitpussy pilled
At least fucking Merckle and Macron FINALLY loosening the purse strings. I swear the EU is almost as bad as congress sometimes.

>>19671630
Keeps hitting all time highs and then dumping... I should probs set a sell for most of my position at $619
Then maybe reload if it hits 580 again.

[Anonymous No.19672425]

>>19672375
>>19672214
>>19672319
Even before the pandemic struck, the credit-rating agencies may have been underestimating how vulnerable unrelated industries could be to the same economic forces. A 2017 article by John Griffin, of the University of Texas, and Jordan Nickerson, of Boston College, demonstrated that the default-correlation assumptions used to create a group of 136 CLOs should have been three to four times higher than they were, and the miscalculations resulted in much higher ratings than were warranted. “I’ve been concerned about AAA CLOs failing in the next crisis for several years,” Griffin told me in May. “This crisis is more horrifying than I anticipated.”

Under current conditions, the outlook for leveraged loans in a range of industries is truly grim. Companies such as AMC (nearly $2 billion of debt spread across 224 CLOs) and Party City ($719 million of debt in 183 CLOs) were in dire straits before social distancing. Now moviegoing and party-throwing are paused indefinitely—and may never come back to their pre-pandemic levels.

The prices of AAA-rated CLO layers tumbled in March, before the Federal Reserve announced that its additional $2.3 trillion of lending would include loans to CLOs. (The program is controversial: Is the Fed really willing to prop up CLOs when so many previously healthy small businesses are struggling to pay their debts? As of mid-May, no such loans had been made.) Far from scaring off the big banks, the tumble inspired several of them to buy low: Citigroup acquired $2 billion of AAA CLOs during the dip, which it flipped for a $100 million profit when prices bounced back. Other banks, including Bank of America, reportedly bought lower layers of CLOs in May for about 20 cents on the dollar.

[Anonymous No.19672428]

>>19672343
this might just be the big one nigguhs

[Anonymous No.19672429]

>>19672300
Cope my boy

[Anonymous No.19672435]

>>19672385
Ironically most of my longs barely lost today, only exception being airlines. I'm still so far up overall it's silly. If Buffet wanted to FUD me out he should have done it six weeks ago.

[Anonymous No.19672442]

>>19672172
Roll for red futures

[Anonymous No.19672443]

Do people really watch after hours and futures? Does it actually work for you guys? Seems more reliable to do my stuff at start or end of normal trading.

[Anonymous No.19672453]

>>19672435
I haven't looked into Airlines and by extension cruiselines since the crash, I figured I would start making plans to buy some calls when all the states were nearing reopening.

[Anonymous No.19672460]

>>19672342
The thing is everybody knows that the US will recover and now that everybody knows that we will have 0% interest rates until 2022 the instituitons will LOVE to jump in the market. There is no way it will drop below SPY 300 after everybody watched such a quick recovery from before, because only retail panic sellers will sell.

>>19672332
Cope more dumb bear ill all in with 80% long 20% short hedge

[Anonymous No.19672467]

>>19672395
>Systemic crash incoming
because of... broken instruments moving the market disproportionately? Because of a mechanical market problem or just a standard market downturn?

>>19672214
dare you just copypastaing an entire magazine article?

You could just screencap the whole page, or if you were an absolute KANG, sum it up in greentext.

The Atlantic takes up too many pages, like The New Yorker. Takes forever to read, they're concerned with the beauty of prose.

[Anonymous No.19672469]

>>19672425
>>19672319
>>19672214
Meanwhile, loan defaults are already happening. There were more in April than ever before. Several experts told me they expect more record-breaking months this summer. It will only get worse from there.

If leveraged-loan defaults continue, how badly could they damage the larger economy? What, precisely, is the worst-case scenario?

Later this summer, leveraged-loan defaults will increase significantly as the economic effects of the pandemic fully register. Bankruptcy courts will very likely buckle under the weight of new filings. (During a two-week period in May, J.Crew, Neiman Marcus, and J. C. Penney all filed for bankruptcy.) We already know that a significant majority of the loans in CLOs have weak covenants that offer investors only minimal legal protection; in industry parlance, they are “cov lite.” The holders of leveraged loans will thus be fortunate to get pennies on the dollar as companies default—nothing close to the 70 cents that has been standard in the past.

As the banks begin to feel the pain of these defaults, the public will learn that they were hardly the only institutions to bet big on CLOs. The insurance giant AIG—which had massive investments in CDOs in 2008—is now exposed to more than $9 billion in CLOs. U.S. life-insurance companies as a group in 2018 had an estimated one-fifth of their capital tied up in these same instruments. Pension funds, mutual funds, and exchange-traded funds (popular among retail investors) are also heavily invested in leveraged loans and CLOs.

The banks themselves may reveal that their CLO investments are larger than was previously understood. In fact, we’re already seeing this happen. On May 5, Wells Fargo disclosed $7.7 billion worth of CLOs in a different corner of its balance sheet than the $29.7 billion I’d found in its annual report. .

[Anonymous No.19672476]

Juneteenth is an actual thing? These BLM guys are just making shit up as they go along. Do society a solid and call high fructose corn syrup a symbol of white oppression and make sugar Coke the standard again.

[Anonymous No.19672477]

>>19672443
>he doesn't buy in the middle of the trading day for no discernable reason

[Anonymous No.19672493]

>>19672214
>>19672319
>>19672375
Central banks and the government already knew the risks and have learned from 2008. There's no way it would happen again. Stop pretending to be smart, you're not a Michael Burry.

[Anonymous No.19672549]

>>19672477
Idk. Seems like best buys are at close. I get a feel for what the day ahead is at open. It's sort of ritual for me, but I never paid much attention to what futures or after hours does. It seems to be a coin flip when things are whacky like now.

[Anonymous No.19672576]

>>19672476
Great marketing, now the blacks will be more overpriced poor quality shoes. Nike stock another 30% up.

[Anonymous No.19672604]

>>19672549
I can't imagine not paying attention to after hours.

[Anonymous No.19672615]

>>19672469
>>19672214
>>19672319
>>19672425
>>19672375
Thus far, I’ve focused on CLOs because they are the most troubling assets held by the banks. But they are also emblematic of other complex and artificial products that banks have stashed on—and off—their balance sheets. Later this year, banks may very well report quarterly losses that are much worse than anticipated. The details will include a dizzying array of transactions that will recall not only the housing crisis, but the Enron scandal of the early 2000s. Remember all those subsidiaries Enron created (many of them infamously named after Star Wars characters) to keep risky bets off the energy firm’s financial statements? The big banks use similar structures, called “variable interest entities”—companies established largely to hold off-the-books positions. Wells Fargo has more than $1 trillion of VIE assets, about which we currently know very little, because reporting requirements are opaque. But one popular investment held in VIEs is securities backed by commercial mortgages, such as loans to shopping malls and office parks—two categories of borrowers experiencing severe strain as a result of the pandemic.

The early losses from CLOs will not on their own erase the capital reserves required by Dodd-Frank. But the losses from CLOs, combined with losses from other troubled assets like those commercial-mortgage-backed securities, will lead to serious deficiencies in capital. Meanwhile, the same economic forces buffeting CLOs will hit other parts of the banks’ balance sheets hard; as the recession drags on, their traditional sources of revenue will also dry up. For some, the erosion of capital could approach the levels Lehman Brothers and Citigroup suffered in 2008. Banks with insufficient cash reserves will be forced to sell assets into a dour market, and the proceeds will be dismal. The prices of leveraged loans, and by extension CLOs, will spiral downward.

[Anonymous No.19672620]

>>19672476
is it on the tenth or on one of the teen days?
how am I supposed to know which day?

[Anonymous No.19672622]

>>19672469
They know they're too big to fail so there's no downside to taking on the risk.

[Anonymous No.19672675]

sell now near all time highs. rebuy at march lows. easy

[Anonymous No.19672714]

i like how this is literally a repeat of 2008 so far
fucking incredible

[Anonymous No.19672727]

some of you need to need to learn how to exit:

https://www.youtube.com/watch?v=t498hMD0coA&t=181

[Anonymous No.19672733]

>>19672727
>he exits
IRON
HAND

[Anonymous No.19672777]

>>19672214
how do i short this scam

[Anonymous No.19672782]

>>19672727
How to exit from a shitty investment like gold? Yeah.

[Anonymous No.19672783]

>>19672727
>doesn't hold on to sea cats and takes significant $ loss

Might as well get a BLM tattoo for your black boyfriend and ask him to marry you

[Anonymous No.19672792]

>>19672714
I'm going to be pissed if it is. The level of absolute bullshit that I had to put up with after was immense. If I get laid off too I'm going to be double pissed.

I don't even care about my portfolio, post 2008 was pure bullshit.

[Anonymous No.19672793]

>>19672727
>learn how to exit:
Never

[Anonymous No.19672795]

I believe this is my first post ITT.
Tomorrow will be the color of my ID

[Anonymous No.19672803]

>>19672795
So, blood piss yellow?

[Anonymous No.19672806]

>>19672795
shitty confirmed

[Anonymous No.19672820]

yikes

[Anonymous No.19672821]

>>19672792
>If I get laid off too I'm going to be double pissed.
Heh I got laid off on Monday

[Anonymous No.19672828]

>>19672803
looks like diarrhea on my screen
so kinda bearish

[Anonymous No.19672839]

>>19672820
but

[Anonymous No.19672842]

>>19672795
A shitty crab day huh

[Anonymous No.19672843]

>>19672714
This is nothing like 2008. You must be what, like 22 years old?

[Anonymous No.19672845]

>>19672714
did we have donald pump who literally recover the market in V-shape or did we have a nigger as president?

[Anonymous No.19672849]

>>19672460
Did she fine put hes a nigger?

[Anonymous No.19672850]

>>19672792
>>19672821

I hope I get laid off and get a nice severance. Sold all my stocks last week and just refinanced my mortgage at <3% fixed so have enough cash for years to wait it out and buy the bottom. Feeling comfy in this crash.

[Anonymous No.19672854]

>>19672821
Damn. I'm sorry nibbuh.

[Anonymous No.19672859]

>>19672714
It’s not really the same besides QE. This was because the state governments shut down the whole economy due to a pandemic.

[Anonymous No.19672874]

>>19672839
AMERICA

[Anonymous No.19672880]

>>19672821
Lucky, I was supposed to start my job training 3 days before my county ordered shelter in place. Can't even suckle on the tit of government unemployment.

[Anonymous No.19672892]

>tfw only up $25,000 this month
Why even live bros?

[Anonymous No.19672898]

I bought calls at EOD expecting a dead cat bounce. Why the fuck is there no bounce yet?

[Anonymous No.19672899]

>>19672172
I missed to catastrophe today. Anyone got screenshots?

[Anonymous No.19672906]

>>19672172
I JUST SOLD EVERYTHING WTF IM GONNA KILL YOU ALL

[Anonymous No.19672922]

>>19672859
>>19672843
>massive dump over summer
>vix doing another massive spike
ok

[Anonymous No.19672925]

>>19672892
Looks like Buffet got you good

[Anonymous No.19672939]

>>19672922
Great analysis anon. I now concede the point.

[Anonymous No.19672944]

>>19672284
you're reading it wrong enjoy your green day tomorrow

[Anonymous No.19672956]

Still a lot of fighting over whether or not this dump is going to continue or end. Tomorrow is going to be insane and next week even more insane considering triple or quad witching then.

[Anonymous No.19672973]

Invest in JFIN tomorrow?

[Anonymous No.19673003]

>>19672956
It’s pretty obvious Green Day from futures at this point since were above SPY 300

[Anonymous No.19673004]

>>19672727
>fibonacci memes
I think a lot of being successful at the market is simply having a lot of capital to start with.

[Anonymous No.19673011]

>>19672273
listen we don't give a fuck about average person. As long as our stonks make us up up I will vote the orange don again and let him destroy US economy for the LOLs. At least the man cares about the DOW

[Anonymous No.19673018]

>>19672956
Seriously considering whether now is actually the time to all-in on TVIX at market open tomorrow and sell next week.

Any volatility is good volatility, right?

[Anonymous No.19673036]

>>19673003
>It’s pretty obvious Green Day from futures at this point
Nothing obvious about price action in this kind of volatility. Maybe green open but after that???

[Anonymous No.19673046]

>>19672956
I'm a long-term bear but

Soon we'll get all the Q2 horrible shitty numbers coming out. That means the narrative will switch to "the worst is over!" and I think we'll see another rally.

However it will be short-lived hope as the insolvency/cash-flow issues persist over Q3/Q4 and that's when the real next leg down will come. I know corona is a nb but we'll probably see another wave in the winter and investors will THINK that the downturn is caused by that, when in reality it was the already-shitty economy even pre-covid and all the consumers being forced to cut back on spending because of losing income. The insolvency wave cannot be fixed by the Fed

[Anonymous No.19673061]

>>19672956

since we have no idea wtf is really going on, how about we discuss the possibilities for tomorrow and next week.

what would fuel a continued down trend?

what would fuel a rebound?

this feels like mid april/may.. why the fuck does shit tend to go south mid month latley?

[Anonymous No.19673069]

?

[Anonymous No.19673071]

BUY EURO TO SAVE YOURSELVES
CHINA DROPPING PEG TO DOLLAR, WILL PEG TO EURO INSTEAD!!!!

https://www.youtube.com/watch?v=0TZVrg_ngB4

[Anonymous No.19673072]

>>19673011
This is theeee most funniest shit. It's like yes please fuck my entire future. As long as I make good today. We are all soooooo fucked. It's orange con man vs. kid diddler. What the fuck is our country. No wonder we are burning city's down. Fuck

[Anonymous No.19673100]

>>19673069
Dad this is really not a good time!

[Anonymous No.19673132]

pullbacks over hope you bought the dip.

[Anonymous No.19673134]

>>19672342
>but after 3 days of dropping you'd expect at least one day mildly up
kek this is wrong even if we had 3 days of dropping, but NASDAQ literally hit an ATH and broke 10k yesterday so you're wrong about that too

[Anonymous No.19673146]

>>19673072
>con man vs. kid diddler
>new phenomenon
This has been every single election you tool have you never opened a history book?

[Anonymous No.19673171]

>HE DIDNT BUY THE DIP YESTERDAY
>HE DIDNT BUY THE DIP TODAY
>HE DIDNT BUY THE DIP TOMORROW
enjoy not making money

[Anonymous No.19673206]

>>19673146
Well what the actual fuck. This is the closest we've ever been to changing the narrative. Use the blm movement who have protested Democrats too. To drive the change. Yes this means no Confederate flags at Nascar. But Jesus were all soooooo close to being united in a stance against constant bullshit from face masks to police brutality. The funny part is we just don't realize it

[Anonymous No.19673208]

Accumulate more AAPL, MSFT, and AMZN on every dip. Hold forever, beat the S&P soundly every year and never have to worry about crashes. Add TSLA and NVDA if you want greater returns with slightly more risk.

[Anonymous No.19673226]

>JCP
Oh this'll be good

[Anonymous No.19673235]

>>19673171
>tfw didn't buy the dip tomorrow
>tfw going to buy the dip yesterday

[Anonymous No.19673270]

>dips over
>2% away from my buy order
fuck, I was hoping it kept going

[Anonymous No.19673281]

My boy, my boy, they tried to murder you. ;_;

[Anonymous No.19673284]

>tfw bought so low this doesnt phase me at all.

[Anonymous No.19673291]

SPY didn't break 300 today, and futures are green. Yeah, I'm think we're back. Nice try, bobo.

[Anonymous No.19673295]

Nobody on MSM wants to talk about the

CONTINUED CLAIMS
>CONTINUED CLAIMS
CONTINUED CLAIMS
>CONTINUED CLAIMS

[Anonymous No.19673300]

my prediction is mini rally tomorrow and massive dip Monday

[Anonymous No.19673327]

>>19673270
>what is circuit breaker

[Anonymous No.19673339]

>>19672195
All the 1st world stock exchanges seem to move in unison at this point.

[Anonymous No.19673344]

>>19673295
The real question is what are we going do about it. We have a fuck load of people unemployed. My wife included. I'm fine and will be if she never finds work. Buttttt. What the fuck are we gonna do for the rest of the people. Let them not pay everything or spend and collapse the economy orrrr. It's gonna be fun couple months desu.

[Anonymous No.19673370]

>>19672218
>CONTINUED CLAIMS
What does that mean?

[Anonymous No.19673376]

>>19673344
let them fight and exhaust each other in their own little fiefdoms

[Anonymous No.19673377]

>>19673344
my CFA buddy is convinced the mortgage situation will get worse in the next few months. you just typed it out. how do people pay for a mortgage without a job? imagine if you and your wife didn't have a job. That is some scenarios for some. people are going to suffer. I feel I got lucky. Hopefully it stays that way.

[Anonymous No.19673397]

this is now the opposite of the past few months. we will have futures green over night and then wake up to a last minute bloodbath

[Anonymous No.19673399]

>>19673370
currently receiving benes

[Anonymous No.19673402]

>>19672191
women literally can't work together. It's like the unspoken secret about feminism: women fucking hate each other.

If you've ever been a guy who worked in a mostly female workplace, you'll know this to be true. All the women talk shit about each other, they embody the "crabs in a bucket" mentality. They're pleasant to each other's faces but actually can't stand each other. That's why feminism is a failure at its core: women hate other women and always will.

[Anonymous No.19673418]

>>19673402
crab?

[Anonymous No.19673427]

>>19673344
>tfw never lost my job
>bank that recently expanded to meet CRA obligations
>already lean staffing, need to close branches to cut labor
>can't do it because CRA
>literally unlawful to layoff the workforce
>personal savings at an ATH
>mortgage rates at an ATL
>homes may fall into foreclosure
I'm gonna own a house bros

[Anonymous No.19673434]

>>19673402
women are useless human other than the hole between the legs
undisputed fact

[Anonymous No.19673447]

>>19672191
Because they know their readers click on it. Seriously. Their entire business is predicated upon producing stories that generate clicks. The entire MSM alphabet soup too, including Fox News. If you want someone to blame, blame their readers.

[Anonymous No.19673448]

>>19673402
I work with tons of women (accounting) and literally zero of them are like this. They just get their work done and go home. Maybe because it’s a defense company and most of the people are centrists.

[Anonymous No.19673450]

>>19673427
yes, this is the era of millenials
the new age of kali yuga

[Anonymous No.19673467]

>>19672615
Good insight,wish you many sexy ladies

[Anonymous No.19673483]

>>19673284
Gud shit boi
>>19673450
Maybe, I think most millennials probably have a different financial picture than I do
I wasn't even planning for this, I just wanted to stack chips, but now things have aligned in such a way that it is actually feasible. Well positioned tbqh
I can put 20% down tomorrow
All the better if housing tanks

[Anonymous No.19673486]

Imagine not buying the dip lmao

[Anonymous No.19673494]

>>19673377
We didn't. I just went back to work two weeks ago. Three weeks. Zero income waiting on unemployment. It got scary. Changed my entire life desu. I will never be caught that off guard again promise that. Debt free by end of this year and fat savings and brokerage. Which I will use if need be. The real test is when the extra money that's artificially inflating shit gets cut. It will be a blood bath. Because realistically. Most of us live beyond our needs. I wasn't bad so I could float. These people won't live on 200-600 a week

[Anonymous No.19673497]

>>19673448
Nah, that's the majority of them in my experiences. It's just these special cases where you have companies or groups that just to go hard on their ideologies do you see weird behaviors. It's pretty obvious that a company trying to force a certain ideology is going to have not very well adjusted people in it.

[Anonymous No.19673503]

>this market

[Anonymous No.19673518]

>>19673344
small business stimulus or tax breaks
anything else will just be corporate pork spending won't even reach the middle class

[Anonymous No.19673537]

>>19673486
I did buy the dip, I wish i had bought calls instead though

[Anonymous No.19673542]

Remember boys

It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change. Charles Darwin

[Anonymous No.19673546]

>>19672291
>dip buyers fisted

my sides

[Anonymous No.19673548]

>>19672442
Ok

[Anonymous No.19673566]

>>19673339
Ya, and they follow the US where the magic happens, not the other way around.

[Anonymous No.19673572]

>>19672354
A gentleman among thieves

[Anonymous No.19673595]

>>19672354
thanks anon its my first week and this has been a baptism by fire

[Anonymous No.19673596]

>>19673518
Well that's what I'm saying. We have too. Shits worse than it's made out to be. The place I work. I'm a contractor so went back eventually. But it's still a ghost town. We are open but not really if that makes sense. The people working from home.... May be gone.... If they decide to push capital spending out a year. Which is what it's leaning towards.

[Anonymous No.19673615]

>>19673344
Hmmm.....

I'm a software developer right now. I have been a little worried about losing my job but then it went away.

I am one of the few backend devs at this company and am in a position where there would be a huge gap if I was let go.

Now I cant say the same for the frontend devs, those devs can be replaced with college people real fast. I cant be although I am getting stuck in a niche programming abap.

I feel like I'm at a crossroads though I can continue down this path and never, hopefully have to worry about finding another job, I wont have to compete with college students ever, but I would be programming this niche business language that isnt the most fun at times. I have gotten comfortable with abap though and I so have the opportunity to learn the rest of the stack. I'm just a little underpaid for what I do atm and there are a lot of people at the company getting mad about being underpaid. I'm thinking if I keep my head down for a little longer and keep working it will pay off in the end. I can't really afford to lose this job rn anyway, especially if things get real bad soon

[Anonymous No.19673647]

>>19673518
We're not getting corporate pork for tech stocks. Maybe leisure, travel etc but no one thinks Amazon or Netflix needs a boost right now and politicians would get crucified for helping them any further. Next stimulus will be much more precision focused on the sectors that have been most buttfucked by covid and especially those who employ a lot of people either directly or indirectly.

[Anonymous No.19673654]

>>19673494
yup. was a wakeup for me. I only got reduced hours for Q2 and made the first round of layoffs. Don't think any more are coming. I didn't have a savings either, had I lost my job I would have been fucked. Starting to plan ahead more and get debt free. good luck anon

[Anonymous No.19673663]

abev kof

[Anonymous No.19673665]

>>19673615
I would just hold the job for now and if you really wanna chase money down the road you'll be fine if your fundamentals are good (basically can you memorize algorithms and patterns for an interview). Big companies are always looking for good talent, even if there are small cutbacks. In a year or two you can just yolo some interviews and see what offers they give you and maybe even flex on your employer to get a raise.

[Anonymous No.19673668]

>>19673486
i did thankfully. wishing I had bought more seeing futures now. Tomorrow should be green imo.

[Anonymous No.19673676]

>>19672906
Bless you kind sir

[Anonymous No.19673678]

>>19673615
isn't this kind of job have the most free time so you can day trade on the toilet with your phone?

[Anonymous No.19673679]

Alright. Time to short.

[Anonymous No.19673700]

>>19673542
>They must often change, who would be constant in happiness or wisdom. – Confucius

[Anonymous No.19673701]

>>19673665
That's my plan. I'm finally debt free at the end of last year. About to stop renting and help with my soon to be wife with her mortgage, she bought a house a couple years ago. No plan for kids, she is in construction planning/estimating but she is also In a very niche position where she cant be replaced, and she will never leave that company unless it implodes. They treat her well. I feel like I am just going to keep on this path for a couple years and see what happens.

[Anonymous No.19673702]

Id hit it.

[Anonymous No.19673709]

>>19672270
Lol this is how I can tell the market is unstable. Extreme euphoria to extreme fear and swings between the two in just mere hours, not even 24 hours at that.

[Anonymous No.19673711]

>>19673615
Same. Luckily I'm also in a position where there would be a huge gap if I left. They even gave me a "long-term incentive program" where they give me vested company stock that pays out in installments over the course of 3 years. I'm the lead on a popular open-source project and the community/customers know how good I am. So in other words my company is basically begging me not to leave.

But others aren't in so fortunate a situation.

[Anonymous No.19673712]

>>19673679
Forget the shoeshine boys, you know the market is fucked when the prostitutes have opinions on it

[Anonymous No.19673715]

>>19673486
Oh well knowing me if I bought a SPY put yesterday I would've held on I suck probably lost 60%-100% of my gains tomorrow.

[Anonymous No.19673720]

>>19673679

[Anonymous No.19673722]

>>19673711
And also on the upside we're 100% WFH for the foreseeable future so I don't even have to put up with normies in the office anymore

[Anonymous No.19673726]

I just woke up after sleeping 10 hours since open, i feel sick. what the fuck is happening. i shouldve stayed in cash, i even sold all my positions at the top before everything went to shit. but then i fomod. fucking shit fuck

[Anonymous No.19673740]

>>19673679
Id hit it

[Anonymous No.19673743]

>>19673615
Yes now is definitely not the time to gamble. Focus on getting to a position where you have the leverage. Like you can afford to sit if need be. Or can afford to make a leap that doesn't work out and go from there.

>>19673654
Luckily I had savings but the savior was everything was closed. Low expenses. Was just vibing till government gibs came in. I didn't like literally waiting for the government. The shit is all so fragile. Get debt free as fast as possible. Besides maybe the house ya know. Idk it's my goals now. stack money and trave and memoriesl. Fuck toys and new cars and bullshit I don't actually need. Idk priorities definitely changed


Also buy nail so can get out of my position

[Anonymous No.19673749]

>>19673720

[Anonymous No.19673752]

>>19673678
No. They started when awhile ago which is nice because this one company that didnt have wfh before, but they already have most of the office back. There is a spike in cases. I will need to come back at the end of june, which I'm fine with but still....I take care of a lot of work, i dont really have time unless it's the few days in between bigger projects to just screw off. I hate when there are lulls desu but most of the time it rains work, and when it rains it pours because there are only so many devs at that office that do the backend work. And the web and mobile stuff from other teams often depends on all that backend work, then I also support all their legacy products which will never go away because these massive companies will never stop using it.

[Anonymous No.19673755]

>>19673344

I got furloughed back in March and I’m still collecting unemployment with no end in sight. But when they call me to come back, I’m going to quit. Because thankfully my wife got a job working in a COVID tent making 320k a year. No worries about us getting COVID, we both already had it and recovered, it’s a cold. This is several times more than we both used to make put together. So now I’m a stay at home dad and I save the $1600 a month that we were paying to day care for my 7 month old boy. And our bank account is exploding. Never saw any of this coming, thank you corona chan

When the covid job ends (they said a minimum of 9 months so presumably next year) we are going to buy a house in cash and maybe then I’ll go back to work if possible

[Anonymous No.19673760]

>>19673720
KEK

[Anonymous No.19673778]

>>19673726
cut your losses tomorrow

[Anonymous No.19673780]

>>19673726
I dumped like half my stocks on Monday open. I only have two positions left at this point and they're still green. I'm going to wait and see with my wad of cash. If futures are red by tomorrow morning, I'm dumping everything to lock in profit.

[Anonymous No.19673782]

>>19673711
I'm about to get company stock too that pays out over years. I think I just reached the 'survivor' point for this company so maybe they will start giving me more incentives, I literally just want a raise but we will see, stuff is starting to get rocky their with people getting mad but they make too much money to fail.

[Anonymous No.19673795]

>>19672172
What is the top on TVIX? I'm tryna ride out tomorrow but I'm not sure when to pull out. Up like 70%

[Anonymous No.19673802]

Nikkei dumping

[Anonymous No.19673807]

>>19673755
this is NESARA i swear to god
everyone with a good heart will get money somehow

[Anonymous No.19673814]

Holy shit the delusion is real. It’s almost exactly, word by word, the same fucking thing that happened when the corona crash began. The same level of delusion. The same denial. The same futures going green and people thinking that was the bottom and that is time to load up again. People thinking 5% down in one day is a “healthy” correction. It’s going to be fucking glorious tomorrow. It will pump at the start of the trading session, perhaps even for the entire day, and then it will come. It will go down ridiculously and leave everyone shitting and pissing themselves. VIX will reach ATHs. Everyone is so fucking fucked. Today was just a taste of what is about to come. The market is completely flushing away the turd to never be seen again. It’s going to leave retail robinhood traders so shocked that they will miss the next rally - the true rally and not the fake bubble one.

Just think about it, VIX is almost reaching corona highs when we are not even near the corona SPY bottom. This means institutional investors are hedging their long stocks much more than previously. The options volume is astronomical. They are expecting something. It was not fat fingering. They are up to something. They know something is coming. They fucking know it.

Im not even a bobo shitposter 99% of the time, but this time i can feel it. This shit is it. ITS HERE.

[Anonymous No.19673821]

>>19673795
You're supposed to dump these kind of stocks in a day or two to lock in profit. Like 2x or 3x commodity ETFs this shit goes to 0 over time.

[Anonymous No.19673830]

>>19673795
sell gains immediately

[Anonymous No.19673831]

>>19672186
Bro, they were down over one percent last night, small caps down 3%

[Anonymous No.19673836]

“Law and order” - Trump

[Cory No.19673847]

>>19672172
Hi, i have a doubt about where i can find all data of stocks, like having a type of excel or database to analise.

[Anonymous No.19673853]

>>19673814
I don't think so, it looks like the correction already finished

[Anonymous No.19673858]

>>19673847
>>analize

[Cory No.19673863]

>>19673858
sorry, non english speaker

[Anonymous No.19673864]

reminder: if you missed out, tomorrow's dead cat bounce may be your last chance to buy puts. its not too late anons. you can still hop on the bear train

[Anonymous No.19673865]

>>19673755
Exactly. I've never had so much extra money. It's disgusting how much we actually spent. I'm using it to get us down to just a house payment. Which is only 67k left. Low interest. Fuck it. This should be a eye opener for alot of people. Use anything. Everything. They give. Or about this situation. To leverage yourself while you can.

[Anonymous No.19673873]

What's eman going to do tomorrow?

[Anonymous No.19673883]

>>19673821
>>19673830
You people are no fun.

I'm thinking 285 is a good exit for tomorrow, but we'll see. TVIX is definitely going to hit 300 again, and soon.

I used it to hedge my oil stock losses, which it did very well (I had one of my best days ever today despite my #1 holding being XOM.) Problem is, if I sell my TVIX I don't have that hedge anymore.

I don't want to pussy out - I think we're headed lower, a good bit lower.

[Anonymous No.19673901]

>>19673518
I happen to be involved in professional economic development.
What's happening now is a lot of lobbying and scouring for discount loans, grants, miscellaneous programs to get money from the feds that qualified businesses can put towards specific purposes contingent upon them creating and filling a number of jobs. Applicable purposes are things like WC, inventory, PP&E, salaries and wages except for people with beneficial ownership.
We all know about the stimulus programs like PPP, but SBA has many other programs, they exist for that purpose.
These jobs are not created in India, but local to the business. That's controlled by disbursing to municipalities who then offer funds to businesses within the municipality, where the jobs must be, not directly to businesses.
There are also limitations on the size of the business using book value or # of employees.
>>19673647
There are blockbuster stimulus packages like we've seen that might try to rescue megacorps but there are (and will be) a lot more of are programs targeting small business
Anything that congress squeezes out is going to be covid focused but the real game is systemic. Everything got hit, and as usual, the weak links broke first and without much fanfare
Trouble is a whole hell of a lot of people were dangling on those links
This stuff takes a pretty long time to get results, could be ten months
I'm not super confident that another congress stamped initiative is going to happen
>>19673847
Economic report of the president is available in xlxs and has decades of economic and markets data
You're not gonna find a corpus of every individual stock
>>19673865
If someone offers you something, they want you to have it; refusing makes them worse off :^)

[Anonymous No.19673904]

>>19673873
What does FinViz data look like?

[Anonymous No.19673938]

>>19672172
I sold fucking everything on Wendsday morning and I feel like a retard for holding MITT and IVR past 3:30 on Monday FUCK ME.I made 4K gaines in 2 days but it was god damn 10K close of business Monday fuck I am so pissed.

[Anonymous No.19673952]

>>19673847
Govinfo.gov for that stuff btw.

[Anonymous No.19673960]

Seriously, nonne of your fuckers get this Furture/TQQQ swaps/volume crunch thing? I just need some crumbs of a hint, probably.

>>19673821
yeah but the literal redditor that predicted today's dumpening theorizes that we're going to a new all time high on the VIX. His thesis is interesting but I have no idea if it's based in reality, and I'm too stupid to figure it out.

>>19673802
and based japan also seemed to get the memo about the new wide hips meta which is nice.
Is this even a jap, or are you that korea obsessed nonce?

[Anonymous No.19673969]

>>19673853
this. if you didn't buy the dip this afternoon. you missed out on some bargains my niggas.

[Anonymous No.19673972]

>>19673814

Pretty much. people will look back at the feb delusion, the crash, then stocks going back TO THE SAME ALL TIME HIGHS after great depression level data, and be like "why the fuck didn't I sell" when they had TWO chances.

[Anonymous No.19673995]

Also just in case you missed a recession was confirmed.

[Anonymous No.19674006]

>>19673960
> His thesis is interesting but I have no idea if it's based in reality, and I'm too stupid to figure it out.
He doesn't know if it's based in reality either. I think it's probably overly pessimistic (or optimistic, if you're into VIX/TVIX like I am.)

I think reasonably you could see TVIX get back to $500+, but personally for me in that kind of a market it's better to pull back on all positions and wait it out, rather than nail-biting with huge plays on TVIX. I'm completely certain TVIX is going to 300 within the next week, however, but I don't think I really want to hold it over the weekend. I'm out tomorrow.

[Anonymous No.19674008]

I shouldn't have took profit on my vix options

[Cory No.19674024]

>>19673952
thanks anon

[Anonymous No.19674036]

Is this shit going up or down tomorrow? Futures are mooning but foreign markets are down. None of this makes sense

[Anonymous No.19674056]

>>19674036
Nobody can tell you that shit. I would guess we have a small morning rally on high volume into an even higher volume panic sell weekend close.

[Anonymous No.19674060]

>>19672443
You should use every available tool at your disposal to win. I take futures into consideration, I don't use any one thing as a determinate of market direction.

[Anonymous No.19674062]

>>19674036
foreign markets are down because they trail US. futures are mooning because of dead cat bounce. this is my crude analysis

[Anonymous No.19674084]

>>19674062
>Crude analysis

Don't even associate the word analysis with that shit

[Anonymous No.19674085]

>>19674036

The drop was huge. Even if you got a 2-3% rally tomorrow, its still looking like its rolling over. IMO I don't think anyone wants to hold over the weekend, so if we get a bump in the morning, its a good point to sell. Well even if it drops more its probably a good idea to sell, so maybe it will just open red and dive again. But I think there are still enough delusion for a bounce.

[Anonymous No.19674095]

>>19674084
how about u analyze my dick

[Anonymous No.19674096]

>>19674036
Asia is playing catch up. They're reacting to US markets today and hedging for the weekend because they won't be able to trade tomorrow.

Tomorrow would be great if it were green, which I think it will be. It would be a very good opportunity to sell into strength and get on the right side of things for a second leg down early. Or at the very least, downsize long positions.

[Anonymous No.19674098]

>>19672469
Too big to fail ACTUALLY comes into play here, though. The entire system isn't collapsing this time, only the fat getting cut that was headed that direction, anyway.

Youve given me dying retail brands and outdated companies that we headed towards their inevitable demise, anyway. Sears was only the beginning.

These dinosaurs will not kill the market, hell they won't even drop the retail sector.

[Anonymous No.19674114]

>>19673972
>>19673814
I dumped on Monday but I'm not confident to buy any options or bear ETFs/ETN. Have you put your money where your mouth is?

[Anonymous No.19674118]

>>19674114
Barry Pepper?

[Anonymous No.19674119]

>>19672206
50/50 but Asian markets are already recovering if that's any sign.

[Anonymous No.19674130]

>>19674036
Foreign markets always suck. American markets are the only game in town.

[Anonymous No.19674145]

>>19674006
so should I buy TVIX in the morning and exit at 285?

[Anonymous No.19674160]

>>19674114
What's the story on this madman?

[Anonymous No.19674162]

So guys, what do you try to do after hours to keep the money going? Day trading ends mid day for me, meaning I have plenty of hours left in the day for me to get to earning.

[Anonymous No.19674170]

A-am I gonna make it..? Bros....?

[Anonymous No.19674187]

>>19674170
Anon we are all gonna make it

[Anonymous No.19674188]

>>19674170

[Anonymous No.19674201]

>>19674114

I sold all my stocks in my non-retirement account last week and have a few dozen puts dated from sep to march '21. I am long stocks in my 401k though, but I literally don't plan touching that for 40 years.

[Anonymous No.19674209]

iron hands here?

[Anonymous No.19674221]

>>19674170
We should of fucking listened Tuesday

>twf I made this same mistake on 2017 with crypto trash

Dust to dust fuck it, they will print on Friday, God wills it

[Anonymous No.19674235]

For canadians do you mostly trade on the tsx or american market, im mostly tsx but thinking going more in american
Also i tried to ask my dad for insider trading info and he laughed and said no :(

[Anonymous No.19674239]

>>19674209
yup.
It may take a year
it may take two years
but i'm going to make some fucking money off this corona shit.

[Anonymous No.19674249]

>>19674145
Absolutely not. The only reason I'm talking about an exit is because I bought at the right time. Right now isn't the time to buy TVIX.

If you want to gamble make a small play.

[Anonymous No.19674262]

>>19674239

Whatever you do then don't look at what happened to stocks after 2000

[Anonymous No.19674272]

>>19674209
I have paper hands.

>>19674160
He's the last sane huwhite male left in Toronto.
https://www.rt.com/news/491070-black-face-man-protests-toronto/

[Anonymous No.19674284]

>>19674188
>>19674187
Thanks, bros. I actually really like that quote, I actually feel a little better after reading that. I was going to buy a motorcycle to ride for the summer with my wife, but I'll find another way.

[Anonymous No.19674310]

>>19674221
God fucking wills it.

The sad part is, some reddit faggot predicted this with some pretty good DD and I didn't listen.

[Anonymous No.19674342]

>>19674262
>every crash is the same
too stupid to be human let alone to trade

[Anonymous No.19674357]

>40% of yesterdays dump already reversed
futures traders must love retarded retails letting them make this easy cash from panic selling

[Anonymous No.19674384]

>>19673402
Wasn't there that company in NYC that pushed for all female board members?
Also, what happened to the company that put up the girl in front of the charging bull?

[Anonymous No.19674390]

>>19674284
don't ever buy a motorbike anon. you'll thank me later. focus on saving this year and 2021. year is already fucked. just try to survive it.

[Anonymous No.19674394]

>>19674342

I'm just reacting to your "it may take a year or two" statement. after 2000 it took like 10+ years for a lot of stocks to get back to their highs, many tech stocks still haven't or have gone bankrupt.

[Anonymous No.19674396]

>>19674235
I trade on TSX. There are ETFs on TSX that track American, European and Asian stocks, some are hedged in loonies so you won't lose value if the loonie goes up with other currencies.

[Anonymous No.19674411]

>>19672615
>>19673046
>>19674390
>all the screaming kiddies are gone
>more insightful anons in the thread
God I love it when the immigrants get out.

[Anonymous No.19674410]

>>19674357
>futures traders must love
They're mostly robots that trade multiple time per second. And if not they lose money.

[Anonymous No.19674412]

Would it be a good idea to buy a short, like TVIX, if you think the market is going down for a few days and don't want to sell your whole portfolio and risk not being able to pick it back up in time for a reversal?
Or would a different strategy be better?

[Anonymous No.19674432]

>>19672172
futures mooned in march too

[Anonymous No.19674438]

>>19674249
thanks I am retarded and wanted to cover some losses with volatility betting.

[Anonymous No.19674456]

>>19674249
right you must have hit it at 110ish?

[Anonymous No.19674457]

>>19674412

Wouldn't you get better returns just buying puts if you want to long vol down? Maybe I'm missing the point of TVIX.

[Anonymous No.19674463]

FUTES BLOOD RED
L
O
O
D

R
E
D

[Anonymous No.19674477]

*ahem*

Buffet was right about airlines

*drops the mic*

[Anonymous No.19674484]

>>19674457
I'm thinking more as a way of easing a short bear market without having to sell.
I feel like if I had done that I would be sitting better right now.

[Anonymous No.19674490]

>>19674412
I would typically advise against TVIX as a hedge. It can help insulate from a sudden swing like today, but it's really not as good as insulating yourself with something like SDS, DXD, QID, or TMF. Those are -2 daily performance inverses if I'm naming them correctly. If you are just protecting yourself from co-movement, these are probably your best bet. This should only be for protection and you can hold it for a while. you'll pay a "tax" in the form of decay, but it should keep you afloat for however long you want to hold the inverse. if you're better at calling when, go for options - these aren't my forte. You usually would pay up for something like this if you either
>don't wan't a tax liability for selling your shares or
>think that the underlying will outperform the index for a given period of time
That's at least what I've collected on these tools.

[Anonymous No.19674498]

>shit fundamentals
>mass layoffs
>many smallcaps will never recover, assuming they don't go bankrupt
>nothing burger part deux, doesn't matter if it only kills 9 times the amount the flu does, perception is what matters
>dollar losing value faster than DMT expects
>fortnite day traders playing with their tanker stocks
if you think this will be a healthy recovery or one that can be sustained past november then I have a bridge to sell you

[Anonymous No.19674505]

How do you short income sharing agreements? someone is holding ISA backed shit and will be fucked.

[Anonymous No.19674517]

>>19674272
>huwhite
It turns out he isn't. Guy is ethnic albanian. Which makes it even more funny.

[Anonymous No.19674521]

I am (stupidly) holding a very large short position over night. I did this instead of taking a small win at EOD today.

Is this overnight futures pump going to last? Don't know how the fuck I'm going to sleep tonight.

[Anonymous No.19674527]

>>19674490
>TMF
sorry, TWM. russell inverse. TMF is cool too.

[Anonymous No.19674532]

>>19674209
Fuck no I scatter to the wind at the first sign of determined selling.

[Anonymous No.19674537]

>>19674477
>he bought junk stocks and then sold them at a loss
I wouldn't touch that trash fake chinese cold or not.

[Anonymous No.19674544]

tomorrow will be the "return to normal" phase

[Anonymous No.19674551]

>>19674532
my nigger

[Anonymous No.19674565]

>>19674544
>shooting up 5%
maybe if futures break a circuit.
>santa is deceitful as always
Repent, gamblers

[Anonymous No.19674572]

>>19674521
it's not like you can do anything until trading opens so just sleep and get up early

[Anonymous No.19674573]

>>19674521
I’m planning on going short about an hour in. You’re probably fine.

Goddamn I was holding triple longs overnight. I am never going to not kill myself for this.

[Anonymous No.19674595]

>>19674235
It's a combination. For ETFs I do mostly TSX as there are sufficient options available there to choose from, with the exception of JETS. Will do US stocks if warranted and I do keep USD in my account for the purpose.

[Anonymous No.19674612]

who here bought the top and shorted the bottom to recoup their losses?

[Anonymous No.19674619]

>>19674544
How can we know when the fed is buying stocks now?

[Anonymous No.19674642]

>>19674544
Given how propped up the market is by the government, pattern prediction is a total wash right now.

[Anonymous No.19674643]

>>19674551
Yep. In testing I determined that it's better to eat a loss and get out fast than try to bet on a quick bounce back for better sell price. Odds are pretty coin flippy on bearish break have a short rebound right after; sometimes yes, sometimes gap down again lol fuck you eat an additional -5% or whatever. It would be different if I was a cost averaging long hodler but that ain't my game.

[Anonymous No.19674645]

>>19674498
>please buy the top
>t. Schiff

[Anonymous No.19674668]

I almost sold today. My calls just might make it

[Anonymous No.19674671]

does options go against you for PDT?

[Anonymous No.19674674]

>>19674527
Really wish I’d taken the safe safety play and grabbed that one. Always forget about TLT/TMF.

>>19674006
I wouldn’t use the leveraged ETFs as your measuring tool, I would focus on what level VIX gets to, not TVIX. Especially if you’re looking at it backwards like tvix having price memory.

[Anonymous No.19674695]

>>19674490
>>19674527
Is this just because the ETN type TVIX funds fluctuate more and only respond to large downturns?
Looking at these others they seem to be a more steady up or down.

So maybe TVIX for a bear market(-20% type movements), and SDS, DXD, QID types for general downturns in the market?

[Anonymous No.19674746]

FYI an extremely based thread you should all check out:
>>19669109

[Anonymous No.19674747]

>>19673873
Spike in the morning then the sell off happens.

[Anonymous No.19674748]

>>19674612
you mean double your loss?
do a buy-write strategy if you want to short without risk or paying interest

[Anonymous No.19674757]

>>19674642
Is the fed the government or a private bank?

[Anonymous No.19674760]

>>19674573
hot picture

[Anonymous No.19674769]

>>19674757
gov under donnie pump

[Anonymous No.19674782]

>>19674209
holding IVR after trusting /biz/ with $700 of my money
Yes, I'm retarded.

[Anonymous No.19674786]

>>19674235
I almost exclusively trade the US market. I keep most of my capital in USD so there is no reason not to.

[Anonymous No.19674804]

>>19673448

I work in defence and see the same as you, yeah. I think the nature of the work forces a bit of reflection on your values and ability to compromise on them for practicality (for leftists and for moderate religious righties), while the job security eases tensions since nobody really needs to compete to be or look better than others. My last job was a medium sized construction firm and about 30% of the women who worked there, mostly in HR or comfy low level finance roles, were absolutely horrendous to each other. Women from the business side of the building would sometimes come to chill out in the technical side for 30 minutes when you could tell they'd been crying. The whole company was a shitshow though with random unannounced firings, a very obvious overpaid clique of long service employees with a rotating 2-3yr max outer group even amongst project managers and technical leads.

[Anonymous No.19674829]

>>19672343
COPE
>FUTURES MOONING
COPE
>FUTURES MOONING
COPE
>FUTURES MOONING
COPE
>FUTURES MOONING
COPE
>FUTURES MOONING

[Anonymous No.19674859]

LONG HOOTERS

[Anonymous No.19674861]

>>19673448

Women in the professions and in serious business positions don't have time to play those games and know that if they do, they'll get dinged for it. It's the support staff, HR and "pink collar ghettoes" that behave that way.

[Anonymous No.19674913]

>>19674859
What did he mean by this?

[Anonymous No.19674932]

>>19674913
femboy hooters is a zoomer discord meme that hooters marketing just discovered

[Anonymous No.19674936]

>>19674782
i made like 3k on MITT monday. would have made more if I sold it all monday, sold rest tues. REITs still a bargain

[Anonymous No.19674943]

>>19673448
I work in defense too, I see none of this shit man. Everyone just does their jobs.

[Anonymous No.19674955]

>>19672186
No the after hours dumped hard and futures were red as fuck

[Anonymous No.19674970]

>>19673901

Reps and some dems are getting cold feet because 1) the money seems to be going to mega corps and not to voters, and 2) discomfort with gov getting too involved in propping up the economy with the huge deficit looming over their shoulders.

[Anonymous No.19675001]

>>19674932
>femboy hooters is a zoomer discord meme
Sometimes I feel like I'm not even reading English anymore

[Anonymous No.19675019]

>>19675001
Huh, it is kindof amazing not a single word in that sentence wasn't absurd other than is and a.

[Anonymous No.19675034]

>>19673226
link

[Anonymous No.19675052]

>>19672172
Button out I wanna buy being a bull fag cost me 250 Tuesday

[Anonymous No.19675069]

>>19672906
Thank you your sacrifice shall not be in vain

[Anonymous No.19675113]

>>19673071
China will get assfucked for this

[Anonymous No.19675161]

>>19674674
yeah, the russell is probably the best to play against right now. much better than Nasdaq. TA and FA both say that it should go down. idk about charting and ewt though.

>>19674695
that's almost exactly what I did. I had a bag of UVXY leftover from degenerate gambling, and decided to keep it for shocking downturn protection, started buying things that I thought would likely outpeform, made an equal commitment to the component's inverse. I assumed that
>Volatility has not significantly decreased and will not before i can get a better view of the road ahead
>FA is seriously getting shit on way too hard
>I need to derisk being in such a degenerate gamble on inverses
Today worked out really well, and I have a nice cash cushion from UVXY to reposition and readjust as needed. I'm sure that if I learned options, this would be more efficiently done, but I'm relatively new to active trading. circa 2018 i starting to swing. December i started to reach out into other tools.

[Anonymous No.19675177]

>>19675113
inb4 "chinese terrorist" flies a plane into an elementary school.

[Anonymous No.19675195]

>>19672214
Powell came out yesterday and in simple words said many business will not survive.

This is 2008 all over but in the retail area, trump likes, will pad their portfolios with prime retail space, most businesses will either transform or disappear.
This will have some impact on the small guy since jobs will be lost forever but I doubt the fed will rather keep bailing out useles business that never evolved or learned just to keep their CLOs going.

They'll get a hair cut, will get a haircut and they might not even change the name of the subprime this time since everything will be blamed on the virus and to quote the final line from the big short

Poor and immigrants and probably teachers too again.
I wonder who's going to go to jail, they always throw a big wig to the lions just for circus sake

[Anonymous No.19675351]

>>19674859
LOL

[Anonymous No.19675429]

>futures are up
>could not close out short positions today due to unsettled funds rule
J U S T

[Anonymous No.19675547]

>>19675429
anon just upgrade to a margin account. i did this after getting fucked in a similar way.

[Anonymous No.19675734]

>>19672493
They thought there was no way it could happen in 2008 too bro

[Anonymous No.19675883]

panic selling over, no more -4% days until after august