/smg/ - Stock Market General

[Anonymous No.52880642]

We only need 500% interest rates and 99.9% unemployment to beat inflation.

>Live Streams:
http://www.livenewson.com/american/bloomberg-television-business.html
https://watchnewslive.tv/watch-cnbc-live-stream-free-24-7/

>Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain
https://www.thebalance.com/

>Free charts:
https://www.tradingview.com
https://www.finscreener.com/
https://www.koyfin.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/

>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/

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

Previous:
>>52879630

[Anonymous No.52880651]

SPY to 350

[Anonymous No.52880654]

WHAT THE FUCK IS HAPPENING!~!!!!!!!!!!!!

[Anonymous No.52880657]

FUCK ROCKER
FUCK BAGGIE
FUCK BIDEN
FUCK YOU

[Anonymous No.52880669]

>>52880651
is 350 the absolute bottom?

[Anonymous No.52880670]

anyone still buying xom?

[Anonymous No.52880675]

i can hear my neighbor farting again

[Anonymous No.52880677]

>>52880657

[Anonymous No.52880679]

Buy SOXL now or wait?

[Anonymous No.52880680]

BUT WE BROKE THROUGH THE TOP OF THE YEAR LONG BEAR TREND MEME LINE PRE MARKET. I THOUGHT THE RECESSION IS OVER

[Anonymous No.52880682]

the stock price was dropping
so i bought the dip
but it was a ticket
on a sinking ship

[Anonymous No.52880686]

>powell told the bears he would keep slowly raising rates until we hit 2% inflation or unemployment spiked
>neither of those were even close to happening
>"Why is he raising rates?!"

[Anonymous No.52880687]

>>52880675
I can hear one singing and another makes EDM style music. I want to murder them all.

[Anonymous No.52880688]

Crypto chad here
Why are your boomer stocks dumping so hard fags?

[Anonymous No.52880690]

Reposting for new bread
Why doesn't DRV move!? Fucken bitch dumped when SPY pumped in premarket Dec 13 and now SPY is below the pump it had and DRV still hasn't reached it's old value of 50$. Is this a scam stock like UVXY?

[Anonymous No.52880689]

>>52880677
oh thats a lovely looking group of them

[Anonymous No.52880691]

>Yes I would like to sell into this dump

[Anonymous No.52880692]

>>52880682
BASED poem anon

[Anonymous No.52880694]

Spy new lows by eom

[Anonymous No.52880693]

>>52880675
I farted in an elevator today

[Anonymous No.52880696]

I've been bagholding $30k cost basis of SQQQ since like a month and a couple weeks ago. Looking like I'll be in the green here shortly.
Yes, I am the smartest investor in this general.

[Anonymous No.52880697]

Can we just stop bouncing from overbought to oversold?? Jesus fucking christ it's mechanical at this point.

There's ZERO fucking reason that literally every fucking semiconductor ticker should be taking a shit in unison. Lmao look at how oversold they all are it's insane.

[Anonymous No.52880699]

/smg/ the market is beheem'd, what are we going to tell our GF?

[Anonymous No.52880700]

>>52880679
This is a scam dump to scare off retails
They are prepping for the santa rally next week

[Anonymous No.52880701]

>the only thing up right now is bonds
oh look we're back in the normal unclown world

[Anonymous No.52880702]

TOTAL
MUMU
DEATH

[Anonymous No.52880703]

>>52880669
No, that's the new top

[Anonymous No.52880706]

>>52880687
>>52880675
Maybe you two ought to move next door to each other

[Anonymous No.52880707]

>The market is currently propped up by PIVOOOOT morons who cause a massive dump every time they're reminded Powell is for real this time
I feel like this is the death throes of the clown market, once this shit finally hits fair valuation (very far down) I'm hoping people start thinking with their higher functions again

[Anonymous No.52880711]

>>52880675
>i can hear my neighbor farting again
>2 young girls
Me too ;D
>>52880688
It'll be fine, cryptotard. No need for your kind to be here.
>>52880691
Lol shouldn't you sell into PUMPS, not dumps??

[Anonymous No.52880714]

>>52880675
That neighbor? Me

[Anonymous No.52880715]

>>52880690
all the 3x etfs are fucking scams

[Anonymous No.52880717]

>>52880699
>talking to asians
>talking to womyn

oh hell naw

[Anonymous No.52880716]

>>52880707
Retail doesn't move the market, but nice try faggot

[Anonymous No.52880720]

>>52880706
I would probably wish to murder him, too.

[Anonymous No.52880721]

>>52880707
but DUDE deflation is right around the corner the printer will come back on!!!!

[Anonymous No.52880722]

>>52880696
>Yes, I am the smartest investor in this general.
High onor

[Anonymous No.52880730]

>>52880688
BTC is under 2017 levels in dollar terms. So it's down 40% if you factor inflation

It's a loser asset and making zero use case.

[Anonymous No.52880733]

>>52880688
t. cryptard

hey bro, while 90% of the stonk market is a shit scam 100% of crypto is a scam enjoy dem bags to 0

[Anonymous No.52880735]

>>52880699
I hope she ran off with all of baggie's cash

[Anonymous No.52880737]

>>52880716
>Retail doesn't move the market,

[Anonymous No.52880738]

>>52880721
>The printer hasn't been on this entire time under different names
What the absolute fuck do you idiots think all this money "for Ukraine" has been?

[Anonymous No.52880739]

>>52880716
>He thinks exuberance and bluff calling doesn't exist in the institutions
Stupidity doesn't only exist in retail my dude

[Anonymous No.52880740]

>>52880697
That's a massive bubble popping. Ask yourself why they all went up about 50% in unison about a month ago with lowered earnings and higher fed rates

[Anonymous No.52880742]

started buying MRNA puts. It's going to 0

[Anonymous No.52880743]

>>52880688
>Why are your boomer stocks dumping so hard fags?
wut?
>Crypto chad
>chad
lulz

[Anonymous No.52880744]

>>52880716
Institutional is only slightly less retarded than retail

[Anonymous No.52880755]

>>52880740
Maybe because they've been hopelessly oversold for most of an entire year at this point, based on rampant unfounded negative speculation??

[Anonymous No.52880760]

I'm still buying.

[Anonymous No.52880763]

>>52880755
hahahaha

[Anonymous No.52880765]

You guys told me that dumb money was piling into puts and we would pump instead. What happened?

[Anonymous No.52880767]

>>52880716
I have heard Tom Sosnoff say many, many times, that although retail may only make up 10% or less of the action in the market, retail is actually what drives the market direction
institutions are all looking to sell their bags at inflated prices to retail
retail doesn't drive the move, doesn't cause the market to sell off 3%, but retail is what makes the market sell off
institutions for the magnitude
retail for the direction

[Anonymous No.52880768]

I cannot sneed

[Anonymous No.52880770]

It's the holidays, boys. Main players are withdrawing to buy their loved ones lambos. Everyone here needs to sell now

[Anonymous No.52880774]

Just took a very big slurp. Yum

[Anonymous No.52880776]

>>52880738
its still fucking hilarious the market is crashing over pic related
talk about being propped up

[Anonymous No.52880778]

People think that when bubbles pop and those clown assets get destroyed by 99% they just instantly start shooting up one day.

Nah, you need like 5 YEARS of crabbing before those dead assets start moving again (if they don't go bankrupt)

[Anonymous No.52880779]

>>52880688
name?

[Anonymous No.52880783]

>>52880755
Oversold on what basis? Do you think $320 for nvidia was fair market value? Go buy Tesla and invest in ARKK if you like catching falling knives

[Anonymous No.52880787]

Is anything green?

[Anonymous No.52880791]

>>52880765
That was Tuesday and it indeed happened. After that it dumped hard so I assume nearly everyone FOMOed into calls

[Anonymous No.52880794]

>>52880768
>Holy moly

[Anonymous No.52880800]

>>52880642
The Dow just lost 2 whole fucking %.

What the absolute fuck

[Anonymous No.52880802]

I am buying CITI calls here

[Anonymous No.52880803]

>>52880776
what crash? Its called a correction. Buy the dip

[Anonymous No.52880805]

>>52880755
>Rampant unfounded negative speculation
My brother in Christ, the housing market is in worse shape than 08, debt is becoming increasingly harder to service due to rates and appears it will stay that way for a long time, and house hold debt is at all time highs implying there's a liquidity crunch occurring at the family level.
We had record growth coming out of an economy crippling global lockdown that we pretend didn't effect anything.
"Unfounded" is not the word for this.

[Anonymous No.52880807]

>>52880778
>https://www.youtube.com/watch?v=Jh9Gn58r9Fw
the average bear or crab market isn't that bad, but the bad ones are fucking insane

people who invested in japan pre 90s STILL haven't made any money back 30 years later

[Anonymous No.52880806]

>>52880787
VIX, DXY, NatGas, Oats (March 2023)

[Anonymous No.52880808]

>>52880716
I've got a crackpot theory its actually institutions playing with client money while they have a smokescreen. If they lose, they can just blame it on the fed and the recession -- but if they win, they will be the institution that timed the bottom. Also - clients understand that the markets are dumping because of "everything", but they won't tolerate an investment company that "missed the bottom", creating a perverse incentive for them to roll the dice every time there may be a pivot.

[Anonymous No.52880812]

FUCK FUCK FUCK
I DIDNT SHORT WAYFAIR

>>52880765
I didn’t short Wayfair so it dumpa

[Anonymous No.52880813]

>>52880768
Its a bluff

[Anonymous No.52880822]

Imagine being the retard that bought TMF while the curves inverted lmaooo couldn’t be me dog

[Anonymous No.52880823]

>>52880800
I mean this is one of the worst single drops I've seen since Covid.

Did Putin drop some nukes or something?

[Anonymous No.52880825]

the only thing that could cheer me up at a time like this is house music

https://www.youtube.com/watch?v=mIx0oXUtME8

[Anonymous No.52880827]

Yesterday's FOMC meeting in a single image

[Anonymous No.52880830]

>>52880813
yes continue to hold the bags, -2.3% so far today, it's just a scratch

[Anonymous No.52880840]

>>52880803
>Its called a correction.
L O L
O
L

It's crashing an entire month of support, be ready for the circuit breakers.

[Anonymous No.52880842]

>>52880823
>I mean this is one of the worst single drops I've seen since Covid.
So you ain't seen shit, noob.

[CoffeeGang No.52880843]

sold nflx shorts...
my first 110%
I love u guys, no Homo XD
santa really delivered the bags on time

[Anonymous No.52880846]

>Buy tqqq / sqqq based on apparent direction
>set 1% trailing stop loss
>forget about it
I've been making more money with this daily retard play than anything else. Wtf.

[Anonymous No.52880851]

>>52880697
>There's ZERO fucking reason that literally every fucking semiconductor ticker should be taking a shit in unison. Lmao look at how oversold they all are it's insane.
what the fuck are you talking about
SOXX daily RSI is 49.65 and it's in the middle of it's keltner channel
NVDA RSI 55.43 upper end of keltner channel
Broadcom RSI 63.38 above keltner channel
AMD RSI 42.38 low end of keltner channel
INTC 39.97 low end of keltner channel
QCOM 46.60 middle to low end of keltner channel
MCHP 48.41 middle to low end of keltner channel
TXN 46.64 lower end of keltner channel
nothing is oversold, literally none of them
not the sector, not the individuals
>inb4 TA doesn't define oversold conditions, I do, subjectively!!!111one
pull up all the charts on the daily
nothing is oversold

[Anonymous No.52880852]

>>52880805
Naw bro, people totally have the cash to buy $1600 gfx cards. Why is NVIDIA crashing? They need the cards for flying autonomous cars and shit

[Anonymous No.52880855]

> -2% only

IS THAT ALL YOU GOT BOBROS? LOOOOOOOWWWWWWEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEER

[Anonymous No.52880856]

I've been doing this for over 5 years and days like these is when Tesla breaks over 7% eod and I make five digits
You bears buy spy puts, I'm loading up on tsla calls
We are not the same. You vil learn

[Anonymous No.52880861]

>soxl

[Anonymous No.52880864]

Holy shit /smg/ is unironically bringing up Japan again. Fuck me you guys waste so much energy on the dumbest shit.

My long term thesis is that the US has positioned itself in an essentially-unbeatable position for the rest of our lives, with the US dollar as the global reserve currency and an insane military to back it up. They unironically make their own rules overnight to change whatever they want. Do you think they want A) the line to go up or B) the line to go down? I think it's an easy answer with clear implications but go ahead, try to explain to me why the people in charge of the global economy want to wreck it.

[Anonymous No.52880871]

Is SOXL good for you?

[Anonymous No.52880874]

Pain. Fear. Despair.

[Anonymous No.52880876]

>>52880864
>explain to me why the people in charge of the global economy want to wreck it.
Something about a Semitic death cult?

[Anonymous No.52880877]

>>52880812
Wayfair hasn’t not had a sale this year. At this point the on sale price is just the actual price

[Anonymous No.52880881]

DAX bros wtf is this scheizer?? AAAAAAAAAAAAAAAAAAAAA

[Anonymous No.52880882]

>>52880852
>NVDA just makes GPUs
Holy fucking shit I'm so tired of you guys being this ignorant

[Anonymous No.52880884]

>>52880805
The big difference is leading into 2008 we still had a culture of saving and emergency funds
it's only post 2008 that we went into consumer economy overdrive and started pushing cheap loans for everything to the point that people will buy expensive things like a computer or even now a pizza and spread out payments over a fucking year

[Anonymous No.52880892]

I’m sorry but I’m not buying a graphics card for $2k just because you want to want to larp as some sort of graphics card mafia. Anti-consumer behavior is trash

[Anonymous No.52880896]

>>52880846
Would you rather have to watch CNBC and read Yahoo for analysts' opinions on stocks?

[Anonymous No.52880898]

short MRNA while you still can

[Anonymous No.52880901]

>>52880892
>>52880882
someone needs to post what percent of NVIDIA's sales are from personal computers vs everything else

[Anonymous No.52880916]

>>52880856
>I’ve only traded during one secular period
Lol

[Anonymous No.52880917]

If I sell today it would be the worst time to do so right? Maybe I should hold out till friday or next week...

[Anonymous No.52880918]

>>52880896
Just feels too easy. Like it's gonna turn around and fuck me.

[Anonymous No.52880921]

>>52880892
Yeah I'm not paying twice the price of the rest of the computer just to chase around some fake shit on a vidya screen. Huang is delusional if he thinks he can keep graphics cards at peak crypto mining price peak

[Anonymous No.52880922]

>>52880882
All this AI shit uses NVDA tech. They are selling these https://www.dell.com/en-us/shop/nvidia-ampere-a100-pcie-300w-80gb-passive-double-wide-full-height-gpu-customer-install/apd/490-bhbk/graphic-video-cards to server farms all across the globe.

[Anonymous No.52880923]

>HOLY SHIT TECH BROS

[Anonymous No.52880926]

BUY THE DIPPERINO ON TECH STOCKS BRO THEY'RE SO UNDERVALUED PLEASE HELP SUPPORT THE BAGGIES

[Baggie !!2wgod7RQeJh No.52880931]

test

[Anonymous No.52880934]

>>52880882
It's 33% of their revenue you dipshit and no one is buying it. Also no data center sales cause what business is upgrading when borrowing money is not free and 4% anymore? NVIDIA price isn't even as low as a week ago. What are you bitching about? If you believe in the company you should be happy cause it's a good dip and buy more

[Anonymous No.52880938]

>>52880884
Totally agree, which is going to make 08 look like a mild downturn
I cannot begin to imagine what this shit is going to look like when people don't just start defaulting on mortgages, but their ENTIRE LIVES
>Whoop lost my job because Powel is strangling the economy until unemployment goes up
>What do you mean I owe money on everything I owe? I can't pay for any of this!
We are on the cusp of financial history, and in a very bad way

[Anonymous No.52880940]

>>52880918
Oh you're so stupid I wish I could melt you with an oversized novelty blowtorch

[Anonymous No.52880944]

I'm trying to visualize gaps, on Tuesday it looks like SPY "gapped up" and then yesterday it "filled" that gap at noon, so can we assume at some point (tomorrow?) SPY will fill the gap that occurred this morning? Also is this just TAstrology or legitimate market mechanics?

[Anonymous No.52880943]

>>52880738
excess military equipment about to exceed its operation date

[Anonymous No.52880947]

>>52880813
Eu is fucked. Their inflation is 2x. To fix that they need at least 10% rates

[Anonymous No.52880950]

>>52880923
Based capitalist whore. Jesus christ, the absolute state of men in 2k22

[Anonymous No.52880951]

>>52880923
heh, let me go see if it is worth it

[Anonymous No.52880953]

>>52880901
https://www.investopedia.com/how-nvidia-makes-money-4799532

>Nvidia's operating income, which it uses as a profitability metric for its individual business segments, grew 91.1% YOY

It's just so absurd to look at their financials and be bearish, at that point you're being an obnoxious contrarian.

[Anonymous No.52880957]

>>52880931
Loud and clear

[Anonymous No.52880965]

Deploying capital, steady lads. Remember your training, buy that fucking dip!

[Anonymous No.52880966]

>>52880944
Bots don't like gaps.

[Anonymous No.52880967]

the forward multiple for the S&P 500 is still 19x given a 6% decline in earnings next year. That's expensive, particularly when one-year Treasuries pay more than 4%.
>the forward multiple for the S&P 500 is still 19x given a 6% decline in earnings next year. That's expensive, particularly when one-year Treasuries pay more than 4%.
the forward multiple for the S&P 500 is still 19x given a 6% decline in earnings next year. That's expensive, particularly when one-year Treasuries pay more than 4%.

[Anonymous No.52880969]

>>52880957
kkekekek

[Anonymous No.52880973]

>>52880938
Maybe some people will be able to learn how to live under the means or at least AT their means. I swear to god all the millenials spend 90% of their paycheck on fucking doordash

[Anonymous No.52880977]

>>52880953
Cool buy the dip then you fucking faggot

[Baggie !!2wgod7RQeJh No.52880981]

>>52880953
>implying next year's income is going to be higher than this year's income. like lol, the recession is coming and the market is forward looking. you're being a cancerous bullish fucktard and not looking at the bigger picture.

[Anonymous No.52880982]

SHORT MRNA NOW

[Anonymous No.52880983]

>>52880944
Did AI make that? It's amazing, style wise.
>>52880950
Why blame men? Is it because we are the consumer of such filth?
>>52880967
So whats the move? TLT?

[Anonymous No.52880984]

>>52880767
>retail doesnt drive the move
>retail is what makes the market sell off
???

[Anonymous No.52880985]

>>52880934
>In Q3 FY 2022, the graphics segment generated $4.1 billion, or about 58%, of Nvidia's total revenue. This was up 46.8% compared to the year-ago quarter. The segment's operating income grew 60.6% YOY to $2.2 billion, comprising about 62% of the total
Yeah "no one is buying" LMAO

[Anonymous No.52880987]

>>52880938
The best part is that these BNPL companies don’t report to credit agencies when you take out the loan, so zoomers probably have a couple loans with each agency.

I was buying something online and had both Klarna and I think Afterpay as options.

[Anonymous No.52880999]

>>52880767
>Tom Sosnoff
and top kek

[Anonymous No.52881008]

>>52880984
yes - in that retail isn't driving the market to fall 3% by selling a trillion worth of stock
but retail causes the feedback loop that causes the sell off, that institutions then pile into
>>52880999
Tom Sosnoff is extremely based

[Anonymous No.52881010]

>>52880984
naw bro its surely the mutual funds and etfs

[Anonymous No.52881012]

>>52880985
Cool story bro, buy the dip

[Anonymous No.52881015]

>>52880877
Don’t they run sales constantly?
This should be a terrible environment for them. And they spend money on YouTube advertising to people who have no interest. I know their stupid jingle well.
Cohodes says they’re going out of business.
>bunnygirl
>on smg
Risky

[Anonymous No.52881019]

Place your bets! - do we break under 390 today?

[Anonymous No.52881029]

>>52881019
what the fuck is that cal arts abomination

[Anonymous No.52881033]

>>52881019
If that faggot DXY keeps going, then probably, yeah.

[Anonymous No.52881036]

>No one is buying lol!!
Actually tons of people are buying, their revenue is up, here's some data
>Lol whatever dude cool story!!


Fuck your bullshit

[Anonymous No.52881047]

I just crossed the $100k invested line for the first time ever :)

[Anonymous No.52881048]

>>52881029
A cal arts abomination obviously.

[Anonymous No.52881049]

>>52881036
Seethe more reddit

[Anonymous No.52881050]

aaaaand last share sold. Im officially cash gang

[Anonymous No.52881052]

>>52881019
No
and if we do, we 100% do not close below it
maybe intraday move, then high volume buying and bounce
they must pin it higher
they cannot allow it to fall too much before triple witching

[Anonymous No.52881062]

Fucking witches bogging my portfolio.

[Anonymous No.52881067]

>>52881008
>Jew Sosnoff is extremely based
TOP KEK that you Tom? or one of your sentiment checking bots? Lemme guess you fell for the sell 20 delta 45 DTE options and buy to close at 21 DTE meme didnt you? I know I did too. In b4 "but it captures the steepest part of the theta curve". Theta is a meme.

>yes - in that retail isn't driving the market to fall 3% by selling a trillion worth of stock
but retail causes the feedback loop that causes the sell off, that institutions then pile into
is that a designed feature of the "free market"? Seems a bit dishonest if you ask me

[Anonymous No.52881080]

>>52881008
>Tom Sosnoff is extremely based
Tom Sosnoff is a fraud most of his guests on his show are frauds like Karen the "super trader", none of his premium farming strategies actually work in the long term, they are all negative skew picking up pennies in front of steam rollers shite. The only way people keep getting roped in is the strategies have a high win rate so they seem viable when really they all have negative expected value and lose money in the long term. Sosnoff is rich because he builds platforms and ropes retail traders in to pay trading fees. He is not a legit profitable trader and nothing he says will make you money in the long term, at best he will help you lose money slower. For a fee

[Anonymous No.52881081]

>>52880642
Oh no, is being in denial no longer working? That's the signature move.

[Anonymous No.52881085]

>>52880642
I have bit of an inflation fetish. I was mikes hard lemonade all the time during the last one.

[Anonymous No.52881086]

Trading KOLD is so fucking fun.. the most autistic chart ever. Sell puts and sell calls and bag the premiums.. schizo pumps 20% every day

[Anonymous No.52881087]

>>52880916
I love how you niggers always move the goalposts
Every fucking tsla rape day, I get at least one nigger like you.
The mollusk doesn't follow secular periods you dumb banana nigger.

[Anonymous No.52881093]

>>52881050
You sold the bottom? Lol why?
>>52881062
>tfw you dont have 4 witches gooning you out
why even live bros

[Anonymous No.52881098]

>SOXL -10%

WE WERE SUPPOSED TO BACK SISTERS THIS CAN'T BE HAPPENING

[Anonymous No.52881101]

Bears, you're getting uppity.

You know what that means, right?

[Anonymous No.52881102]

>>52881093
>gooning
Is that the thing where you modify a car for drifting and donuts and shit?

[CoffeeGang No.52881104]

>>52881087
loaded up morer as it went up
every pump is a reason to short

[Anonymous No.52881109]

>>52881015
So many companies like Amazon, Wayfair, even quality companies like Floresheim shoes constantly have sales. Retail sales increased, but the number was so small it was probably due solely to inflation. If I’m just being honest, I have no idea what cheap plastic bauble I’d even need

I’m also not posting B*nnycunny, but rather cunny dressed as bunny

[Anonymous No.52881112]

gotta admit its pretty comfy after selling out in early 2022 and watching my cash pile generate ~5% in guaranteed, insured products while i wait for this whole shit storm to blow over. 2023 will be a comfy year of gaming i think. good luck frens.

[Anonymous No.52881113]

>>52881080
>picking up pennies in front of steam rollers
i learned this the hard way. guess it was just a bad time to try it. I'm sure it works great during a 15 year golden bulllrun with ZIRP and QE

[Anonymous No.52881114]

>>52881067
>>52881080
name any other trader who made $200 million and then dedicated 2+ decades to publishing free content to educate retail investors
the only other person who has done more to benefit the average retail investor is Bogle (by far)
how is karen a fraud?
there are hundreds of up and coming traders that they have featured in rising star, not just karen
their strategies work. period.
will you make a 100% yearly return selling premium according to their models? no
is it the best possible way to trade? no
but it's the best possible way to sell premium

name any other person who after making $200 million would spend 20 years putting out educational content for free
he is extremely based

[Anonymous No.52881118]

>>52881093
somebody has to. You bulls can all thank me

[Anonymous No.52881125]

>>52881114
>the only other person who has done more to benefit the average retail investor is Bogle (by far)
ben felix is a bro

[Anonymous No.52881127]

>>52880675
>>52880687
>He doesn't own a single family detached home

[Anonymous No.52881150]

>>52881080
>Tom Sosnoff
>I make over 100 trades a day
>its not gambling
>yes i time my entries and exits on each of my 100+ daily trades on all the various tickers i talk about on the jewtube
>oh you dont have 9 figures and cant just click buttons and not care about losing money
>sucks guess my tastytrade strat isnt for you then
>just stick to LIMITED RISK spreads
what is the difference in risk on a % basis between buying an ATM call and buying an ATM call while simultaneously selling a cheaper OTM call if the market goes down? Oh i still lost 100%, ya dont say... LIMITED RISK!!!!!

[Anonymous No.52881175]

>>52881114
You are delusional anon. Sosnoff's strategies don't work. There is no mechanical system for option selling that actually works for one simple reason, there are no options on any option chain for any stock that you can buy or sell that actually has positive expected value because the market maker for that option chain will not do that kind of business with you. Period. Pull up any credit spread on any chain and calculate the expected value of it. This is easy since the delta is a good proxy for the odds of the option ending up in the money. Now figure out how much money you would make and lose if you traded that option 100 times. It will ALWAYS be a negative number. If you find an option that has "positive" expected value try to buy it at the mid price. You will not be successful. You will have to move your bid/offer in the market maker's favor until your expected value is negative at which point the trade magically goes through. Sosnoff will never tell you this because he is a salesman in the business to take your money. The sooner you figure that out the better off you'll be though I imagine only experience will be any help here

[Anonymous No.52881178]

>>52881150
>small account salty that they are unable to sell strangles detected
>small account that thinks investing 100% of your portfolio in only 5 different spreads is the strategy they are promoting detected
>unable to size positions correctly detected

[Anonymous No.52881181]

>>52881127
No, I don't.

[Anonymous No.52881204]

>>52881047
Congratulations, step one complete, develop a strong habit of saving and investing (living below your means). Keep it up for another 20 years, and live like a king off of thr fruits of your labor.

[Anonymous No.52881210]

>>52881114
Shkreli?

[Anonymous No.52881213]

Holy shit this general is dead. Did everyone rope and/or go broke?

[Anonymous No.52881215]

Is this the bottom?
Is it time to start buying?

[Anonymous No.52881216]

>>52881175
I don't know anything about this sosnoff faggot but I've realized profits on 80-90% of the options I've bought this year.

[Anonymous No.52881219]

>>52881175
???
You say
>his strategies don't work
but then go on to say
>market maker strategy works! the market will only be there if it's in the market makers favor!
if you are selling premium, you are the market maker - you are the one who has the edge, you are the one who has it in your favor, as you believe yourself the market maker has!
if you are selling 15-30 delta strangles 45 days DTE, rolling when tested, rolling / managing at 21 days, you will outperform any other premium selling strategy, in the long run, over enough periods / instances

[Anonymous No.52881222]

>>52881175
anyone who claims options is anything but gambling is a fucking retard

[Baggie !!2wgod7RQeJh No.52881238]

>>52881215
the bottom isn't due until February. you can thank me later.

[Anonymous No.52881243]

>>52881175
Flashback to my financial statistics and all that calculus, only to be told at the end it doesn't actually work because, a. US options can be exercised early, and b. Market Makers use adjusted formulas and privilege to scalp both directions.

[Anonymous No.52881247]

>>52881222
What if you use options as a hedge?

[Anonymous No.52881251]

>>52881213
Not yet, but I am holding a bunch of bags that at least hand out some dividends.

[Anonymous No.52881255]

>CD rates and bonds are going to be returning 5-6% soon

[Anonymous No.52881256]

>>52881219
>if you are selling premium, you are the market maker
holy fucking brainlet LMAO stop posting

[Anonymous No.52881259]

>>52881222
checked
They're a good hedging tool
>>52881238
You mean FOMC?

[Anonymous No.52881262]

>my AQB that I once bought at $12 is now worth 68 cents

Bros… will I ever get it back?

[Baggie !!2wgod7RQeJh No.52881263]

Did they pass some omnibus shit to fund the government or are we going to transition into government shut down fud now?

[Anonymous No.52881267]

>anon, you didn't REALLY stay long SOXL after the lum poster showed his face again? Did you anon? You know the lum poster is a clear top signal, right anon? Right?

[Anonymous No.52881269]

>>52881256
when you are selling options, you are making a market. this is not a false statement.
you are not the market MAKER, but you are making a market, you are providing liquidity, you are selling the contracts.

[Anonymous No.52881272]

>>52881247
Blasphemy. We don't use financial products the way they are supposed to be used in this general.

[Anonymous No.52881277]

>>52881267
alright, great, but what's the bottom signal for SOXL? When do I sell my SOXS?

[Anonymous No.52881278]

The Federal Reserve made it clear yesterday. It will not stop until the economy is destroyed. They will change the goal posts an infinite amount of times, sell you as many sugar coated lies as possible. But when it comes to interest rates, they will go higher until employment is dead, wages tank even further, stocks drop another 50% and you are homeless. It will only dent inflation slightly as the American Congress is set to approve the Demonrats $1 trillion+ omnibus bill.

Fucking wages get back to mother fucking work for your owners and don't you ever try to make it on your own again.

[Anonymous No.52881279]

>>52881178
>small account salty that they are unable to sell strangles detected
Selling two options both with negative expected value do not make a positive expected value trade. Do it long enough then calculate your winnings. It will be negative. Market makers are not a charity. You have not figured out a way to fuck the numbers such that you will take money out of the market makers' pockets. If you think you are you are delusional
>>52881216
>I don't know anything about this sosnoff faggot but I've realized profits on 80-90% of the options I've bought this year.
Sosnoff teaches people to sell options not buy them. If you are really good at timing markets and volatility you can make money buying options. Few people are consistently good at timing markets though
>>52881219
>if you are selling premium, you are the market maker
lol more delusion. The market maker is the person on the other side of your trade whom you as retail are trading with. The only trades that will actually get filled are ones not in your favor. Go find any option or spread and calculate expected value. None of them will be positive. Do the trade 100 times and you will lose money. Do 100 different trades 100 times and you will lose money. There is no way to fix this with a mechanical system as shilled by Sosnoff

[Anonymous No.52881286]

>>52881247
hedges drain capital. unless you think you're going to time every hedge properly, which most will not.

[Anonymous No.52881288]

>>52881222
Retards buy and sell dumb options but options are incredibly based for non retards. Sorry you are retarded and think you have to gamble 0dte yolos with them

[Anonymous No.52881293]

>>52881019
based /asdg/ poster

[Anonymous No.52881295]

>>52881277
When the BUY PUTS NOW faggot shows back up, obviously

[Anonymous No.52881296]

>>52881262
Why didn't you set a stop loss?

[Anonymous No.52881301]

>>52881114
>name any other trader who made $200 million and then dedicated 2+ decades to publishing free content to educate retail investors
hes just a jew convincing goys to play in their jew game to divert all the shekels from the goys. If you cant see that then its too late for you. It's a long play for them. Been happening since biblical times. He's not helping goys learn to invest and trade, he's enticing goys to gamble in their casino. I have studied these options enough to know for a fact that greeks are a meme and mean nothing. The MMs set those and will change them at will, depending on order flow. It doesnt matter if you sell the 45 DTE 20 delta naked call. It can become the 50 delta instantaneously if the MMs choose. I have seen it. I have been burned by it. I have made money from it. Any time you open a position you have a 50/50 chance of it going in your favor or not regardless of the greeks. Regardless of hedging. regardless of what Jew sosnoff has sold you into believing. Its just a scam. Its the scam of life itself.

[Anonymous No.52881303]

>>52881247
>What if you use options as a hedge?
Hedging, i.e. insurance is supposed to have negative expected value. A necessary evil but yes that's what options are really for

[Anonymous No.52881314]

LUM TOLD ME SOXL BROKE THE 200W SMA AND TO GO ALL IN WHYYYYYYYYYYYY HOW COULD THIS BE HAPPENING GAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH I AM BEHEEMED I AM BEPOOPED I AM SHARTED

[Anonymous No.52881319]

>>52881296
/smg/ told me that stop losses are for faggots

[Anonymous No.52881323]

>>52881279
Timing is equally important in selling or buying options. Buying is cheaper and lower risk since you can just throw lunch money at a thesis instead of having to baghold 100 shares for pennies

KOLD is the only thing I really like selling options on just because of the volatility is so insane

[Anonymous No.52881324]

>>52881279
>There is no way to fix this with a mechanical system as shilled by Sosnoff.
No, but you can cheat with insider knowledge. But if you don't have a way to get it, gamble on i guess.

[Anonymous No.52881327]

>>52881295
I think he roped, or maybe made enough money to run the sweet potato farm of his dreams.

[Anonymous No.52881330]

>>52881314
dump that shit and book the loss for the year. its over

[Anonymous No.52881331]

>>52881279
>Go find any option or spread and calculate expected value
I seriously don't know what you're talking about - you can find any trade with PoP higher than 70%, where you're getting >1/3 the width of the strikes, and you have positive expected value on the trade
That's the whole strategy, the whole point of high probability of profit trades, the positive expected value

[Anonymous No.52881336]

>>52881175
>the delta is a good proxy for the odds of the option ending up in the money
i agree with you but what happens when the 20 delta becomes the 50 delta instantaneously after selling to open? Is it still a 80% OTM probability because "it was just there a second ago". Its all a big scam to make you eat pig ham

[Anonymous No.52881342]

>>52881314
>listening to the L*m poster
I. Warned. You. Lol. You. Will. Learn.

[Anonymous No.52881352]

>FED wants to go above 5%
>currently 4.25%

Soooo, two more 50bps rate hikes?
How is this not bullish af?

[Anonymous No.52881362]

Should I buy META stock in preparation for the US government banning TikTok?

[Baggie !!2wgod7RQeJh No.52881364]

>>52881259
>You mean FOMC?
no i mean the bottom dip shit, just read what i fucking wrote instead of trying to find some completely different meaning in what i wrote. your fucking liberal english teachers must have fucking loved you.

[Anonymous No.52881370]

>>52881352
higher for longer

[Anonymous No.52881375]

>>52881293
;p
Gotta do something while watching the crab.

[Anonymous No.52881380]

Just slurped O and NNN for my dividend portfolio

[Anonymous No.52881378]

>>52881352
You should go look at the stonks chart every other time there's been rate hikes

[Anonymous No.52881383]

>>52881370
He's said this weeks ago too.

[Anonymous No.52881386]

>>52881314
>LUM TOLD ME SOXL BROKE THE 200W SMA AND TO GO ALL IN WHYYYYYYYYYYYY HOW COULD THIS BE HAPPENING GAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH I AM BEHEEMED I AM BEPOOPED I AM SHARTED
Buying SOXL above $9.00 ngmi.

[Anonymous No.52881387]

>>52881352
They raised the top level of rates. JPow also said he may have to do this again, and to not trust market projections.
Next CPI will be an indicator of what they will do in February.

[Anonymous No.52881390]

>>52881364
Bottom will be April-May when Q1 earnings are fucking giga shit

[Anonymous No.52881396]

>>52881352
everything about the market should tell you its in an eternal bull cope

[Anonymous No.52881402]

>>52881378
What? They've been raising rates every single month.

>>52881387
>They raised the top level of rates
Powell talked about this weeks ago.

[Anonymous No.52881407]

>>52881380
>markers about to get heemed for months
>durrrr I bought cheapies durrrr

Never change /smg/

[Anonymous No.52881410]

>>52881314
i told you to sell if it moves below
it moved below yesterday
Why Didn't you Listen. Why Didn't You Learn.

[Anonymous No.52881413]

>b-b-but SOXL shill told me to buy back in at $20 how could this be happening to m-ACK!

[Anonymous No.52881415]

>>52881323
>Buying is cheaper and lower risk since you can just throw lunch money at a thesis instead of having to baghold 100 shares for pennies
Gambling on buying calls works for people who are better than average market timers because they have insane positive skew. You lose a little money over and over until you get the big win. If you can pull it off over time then carry on
>>52881331
>I seriously don't know what you're talking about - you can find any trade with PoP higher than 70%
Win rate has nothing to do with whether a system is profitable or not. How much are you winning when you win? How much do you lose when you lose? What's the difference between those two numbers? If you do the trade 100 times you will regress to the mean expected value which will always be negative. DOesn't matter if the trade has a 90% win rate if the 10% of the time you lose more than you made the other 90%. Market makers will never do business with you such that expected value is in your favor.
>>52881336
>i agree with you but what happens when the 20 delta becomes the 50 delta instantaneously after selling to open? Is it still a 80% OTM probability because "it was just there a second ago". Its all a big scam to make you eat pig ham
Delta is just a rough proxy for probability of the option ending up in the money. The market makers use a much more sophisticated and accurate model that also takes into account the probability of a spread ending up anywhere between the strikes at expiration and any business they do will only be done if at the exact moment the trade executes the expected value for the retailer is negative

[Anonymous No.52881420]

>>52881407
I am 27 and buy a little bit every two weeks. cry more faggot

[Anonymous No.52881421]

>>52881390
Either that, or March with ppl trying to scalp the earnings on whispers.

[Anonymous No.52881425]

>>52881178
>mall account salty that they are unable to sell strangles
im net worth $2 million at 31 years old (you are welcome data farming bots) how about you? I lost at least $20k selling 20 delta short strangles in my trading account this year. Could say it was just a bad time to do it, or you could say it just doesnt work and found out the hard way. The entire scam is that the absurd amount of money that is collected from shaking goys loose and convincing them to sell naked is what funds the war in Ukraine, and eventually its what will help push this market back to ATHs and will push my long bags to ATHs. This entire planet earth is just a big scam and as the scam grows, more goys get shaken free of their shekels, shekels that could have been used to buy long shares with, and then you just never sell the shares ever, you pass them on to your grandkids grandkids, then eventually in 5 generations your offspring dont have to "work". Meanwhile millions and millions of active traders get BTFO every year and their offspring fill the water glasses at the restaurants while the shareholders eat and get served. Simple as.

[Anonymous No.52881428]

>>52881364
>he had no reason for his claims
>I did
>gets mad
Classic.
I was correct, either way you spin it, faggot.
Filtered.
>>52881402
I think he mentioned that they may need to do it. Them actually doing it is different. Why split hairs?

[Anonymous No.52881436]

shill some options for tomorrow

[Anonymous No.52881442]

>>52881420
Why don't you wait for a good entry around 3750 or lower instead of just throwing your money in like a retard

[Anonymous No.52881447]

>>52881352
>Market has been shitting itself since rape hikes started
>Most recent 50 bepis hike gut punched the market and fallout from that still ongoing.
>effects of JPs big hard bepis are delayed and we have likely not seen full effect of current rates yet
>Rates will be even higher than was already expected and will be held there for longer
>HOW IS THIS NOT HECKIN BULLISH?
Are all crashes like this? We are taught in school to feel sorry for those who lost money in 1929 crash etc, but was it just retards all the way down every time?

[Anonymous No.52881452]

>>52881425
How do you pass stuff on to kids? I am trying to figure that out.

>>52881442
DCA nigga

[Anonymous No.52881453]

>>52881222
It's fine (if you are sell side).

[Anonymous No.52881470]

>>52881447
>>Most recent 50 bepis hike gut punched the market
ummmm anon, 50bps was what people were hoping and praying for.

[Anonymous No.52881474]

[Anonymous No.52881480]

the one month chart for SPY looks like a shitcoin

[Anonymous No.52881487]

Pic is from a Bloomberg article dated December 9th
Don't tell me the market didn't know about muh 5%

[Anonymous No.52881491]

>>52881474

[Anonymous No.52881493]

>>52881415
>Market makers will never do business with you such that expected value is in your favor.
Dude they've published hundreds of studies, hundreds of market measures, showing the positive expected value from these trades, from these strategies
The market maker doesn't know if the trade they're taking on will be a profit for them or not, only that the pricing on the options are not correct, that the option pricing should be $1.02 when it's selling at $1.00, and they are willing to book that, as on a large enough time frame with enough positions where they're getting that $0.02 edge they come out ahead
They are not "allowing" you to book the trade because they know it will be a losing one

>>52881425
are you the anon who was posting around February / March last year, after selling strangles right before the invasion of Ukraine?
if yes..
>man, I sold strangles right before a major global war kicked off!
>how could this happen to me!!!
>the strategy sucks!!!

[Anonymous No.52881494]

>>52881452
Everyone knows the line is going down. Just wait for a green day and buy puts for may 2023 and sit on cash until a good entry instead of trading like a boomer that just blindly throws shekels into a 401k at the top

[Anonymous No.52881498]

>>52881470
They were hoping and praying this hike was going to be a 25 and that Jpow was going to say “no more, inflation has been defeated.”

[Anonymous No.52881502]

>>52881178
>unable to size positions correctly detected
bro 1 short SPY contact can cost you thousands. I recently sold to open a 0 DTE short strangle 10 delta and collected $40 total. Then RUSSIA BOMBED NATO ALLY UKRAINE and the short put went from $20 to $500 in minutes. Only had a 10% ITM probability based on the delta. So I bought to close, which is the right thing to do even though it did rebound and expire OTM eventually. Are you really going to sit there and eat that unrealized loss during such an uncertain time when it suddenly and unexpectedly goes that much against you? DId i really not size my single short put correctly? If you tell me to hold though that you are just a gambler could have easily kept dumping (and would have if i didnt buy to close for a huge loss). That's how it works. They shake you out then push it back to where you wanted it after you get shaken out. It's not about sizing. It's about the fact that its just gambling. I'm gonna go back to just stacking long shares of blackrock ETFs. Maybe Klaus will make me a lord of the local lands when you goomblers run out of cash

[Anonymous No.52881504]

I'll let you in on a little secret. The chart moves the market and the news is fit to the market move

[Anonymous No.52881507]

>>52881498
No

[Anonymous No.52881509]

>>52881487
Yeah I think all actual logic points to this violent selloff being irrational

[Anonymous No.52881511]

>>52881494
It's a ROTH IRA and I am short housing with 10% of my portfolio right now so basically I don't give a fuck

[Anonymous No.52881512]

>>52881502
>>52881493
BINGO
>man, I sold strangles right before a major global war kicked off!
>how could this happen to me!!!
>the strategy sucks!!!

[Anonymous No.52881524]

>>banned by jannies

[Anonymous No.52881525]

>>52881474
>>52881491
>overpriced tech shit gets justed cuz economic reality sets in
>oh muh gawd how could JPow do this?!?

[Anonymous No.52881530]

>>52881216
>I've realized profits on 80-90% of the options I've bought this year.
me too its just the 10% losers kill all gains and then some.
>just go with cheaper options (shorter dated)
now you get raped by theta
>just go further out and buy your theta
now you get raped by 1 loss wiping out your gains

[Anonymous No.52881534]

I bought a single long dated Apple put and now I wish I would have grabbed a few

[Anonymous No.52881536]

>>52881507
Yes

[Anonymous No.52881539]

>>52881525
>reality
Surely you're not blaming tech companies for the bubble,right?

[Anonymous No.52881542]

>>52881525
>all the useless tech jobs in commiefornia getting canned
its amazing how much squandered wealth there is in califonira

[Anonymous No.52881547]

>>52881530
>>just go further out and buy your theta
>now you get raped by 1 loss wiping out your gains

size your trades better retard

[Anonymous No.52881556]

>>52881530
Disciplined position sizes is key. Long dated contracts is key.

[Anonymous No.52881557]

>>52881536
No you retard.
Powell kept slamming the market with 75bps rate hikes for month after month; so everyone was hoping and praying he'd come down to 50bps at least.
And the CPI data solidified this hope.

[Anonymous No.52881558]

Is this bullish for DWAC?

[Anonymous No.52881563]

>>52881491
What about the unemployment of black bodies you racist fucker

[Anonymous No.52881565]

>>52881219
>rolling when tested
thats the same thing as just closing for a loss and reopening a new position, maybe it has some cost basis tax consequences but that is irrelevant. Rolling is a meme to me. just sell for a loss because that is what it is. Its a gamblers way of saying you lost, better luck next time

[Anonymous No.52881573]

Spy swirling around 390 right before lunch. I foresee movement in the future.

[Anonymous No.52881579]

Would you buy a Trump NFT? Is this bullish for bitcoin?

[Anonymous No.52881580]

>>52881558
>$99

[Anonymous No.52881590]

>>52881557
You a ducking retard? Cuz you sound like one

[Anonymous No.52881591]

>>52881219
>if you are selling premium, you are the market maker
not if you are selling at the published bid/ask. You are just selling TO a market maker. The market makers set those bid/asks so you are selling TO them at their terms. Think you will beat them? Maybe if you dont hate jews they will allow you to win, but what is the fun in that?

[Anonymous No.52881594]

>>52881565
you can roll for a profit, you know, even if one side is tested
you're gaining money on the side that was not tested that you're rolling up / down, and you can be gaining money on the new strike further out on time, just due to the time value

[Anonymous No.52881595]

>>52881557
I said it for months and none of you retarded bull faggots listened.

>Rate hikes are not bullish
>50 bps is not bullish
>dude literally said higher for longer over and over and you idiots fomod into the top

[Anonymous No.52881600]

>>52881579
I only collect PoemAnon NFTs

[Anonymous No.52881607]

>>52881558
why is he being so gay? Boomer is losing touch

[Anonymous No.52881623]

>>52881590
It's been 75bps rate hikes nearly every month since June lol.

>>52881595
>>50 bps is not bullish
It is when you're coming from 75

[Anonymous No.52881625]

>>52881591
that's fair
>Think you will beat them?
Yes - if you manage your risk, manage your positions, and follow the strategies outlined by tastytrade / Tom Sosnoff & the tasty team
they are willing to book your trade as explained here
>>52881493
The market maker doesn't know if the trade they're taking on will be a profit for them or not, only that the pricing on the options are not correct, that the option pricing should be $1.02 when it's selling at $1.00, and they are willing to book that, as on a large enough time frame with enough positions where they're getting that $0.02 edge they come out ahead
They are not "allowing" you to book the trade because they know it will be a losing one

[Anonymous No.52881627]

I just learned you can't deduct dividends paid when selling shares short from your taxes unless you itemize...I'm never going to financially recover from this.

[Anonymous No.52881630]

>>52881493
>Dude they've published hundreds of studies, hundreds of market measures, showing the positive expected value from these trades
You're missing a key piece of information here, anon. The "studies" that Sosnoff publishes and touts don't actually work. They assume perfect fills at mid-price which will not happen if the math isn't in favor of the market maker. All of the strategies are variations of a high probability negative expected value system that doesn't work in the long term even under ideal conditions and do not in any way survive an actual real market environment
>The market maker doesn't know if the trade they're taking on will be a profit for them or not
Of course they don't know the result of any specific trade, that's why they do the math and only make trades where EV is in their favor. And the EV only favors them slightly above 50% most of the time so they make their money in volume. Sure you'll win some hands, obviously enough that you think you're actually on to something but if you play long enough you will lose
To say it again, you will not get a fill on an option that has expected value in your favor. Why in the fuck would the market maker do that when they can just not do business with you. That's what the spread is for. You can try to get a mid-price fill on an option all day long and if the EV isn't favorable to the market maker you won't get filled. So you start nudging your price and as soon as the EV is negative for you your trade will go through. This is all done electronically and it's automatic. You are basically arguing that you have a system to beat a slot machine but please do carry on I'm done trying to save you from yourself

[Anonymous No.52881636]

Nice Santa Rally

[Anonymous No.52881635]

> mumus went all in at 4100

[Anonymous No.52881650]

>>52881595
>>dude literally said higher for longer
He's been saying this for weeks now.

[Anonymous No.52881651]

[Anonymous No.52881652]

>>52881623
It fucking isn't. You were sold a lie (again, again, again...) about a pivooottttttt hopium rally and ignored all fucking logic or reason just to be exit liquidity for jews again. Next fomc with another confirmed fucking hike on the table you will be screeching pivot again and buying bags like a fucking dumbass

[Anonymous No.52881655]

>>52881452
>Step 1 - have stuff to pass on
>Step 2 - pass it on
in all seriousness you just need to have designated beneficiaries on your accounts and upon death the kids get the accounts transferred over to them and the brokerage house handles splitting the assets if needed. pretty easy. but if no designated beneficiaries i think the accounts become a part of the deceased's estate and then it becomes a mess

[Anonymous No.52881659]

>>52881052
Trusting you anon. Let's see that bounce.

[Anonymous No.52881661]

>>52881558
>Donald Trump Digital Trading Card collection
This has to be fake.

[Anonymous No.52881663]

>Entire market tanks in unsion at 11:05
Cool, so bears should be able to confidently point to a reason for this, right?

[Anonymous No.52881667]

>>52881623
You are so low iq it hurts. Learn to read the market and what it wants

[Anonymous No.52881668]

AAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.52881674]

>>52881493
I dont think that was me. I wasnt posting here back then, just lurking

[Anonymous No.52881675]

>>52881487
economists and the market often disagree

[Anonymous No.52881681]

Good morning /smg/ sirs. Please do the needful and buy the dip. Thank you.

[Anonymous No.52881682]

>>52881663
SANTA RALLY

[Anonymous No.52881689]

I'm getting shafted.

[Anonymous No.52881695]

>>52881663
Well you see these retarded bulls screamed pivot from 350 to 410 and uhh.. confirmed no pivot

[Anonymous No.52881699]

>>52881630
I appreciate the discussion - I just strongly disagree with you
The market maker is only willing to take on the trade if they believe that the option is mispriced, that they are able to buy it from you for less than it's worth, or sell it to you for more than it's worth
That doesn't mean that the trade you are putting on is negative EV, or positive EV for them by itself; in aggregate it should be positive EV, if they are only buying things underpriced and selling things overpriced according to their models
>To say it again, you will not get a fill on an option that has expected value in your favor
I get fills in positive EV trades everyday.. it's how I make a living

[Anonymous No.52881701]

>>52881663
Follow the meme lines, 2nd largest quad witching day tomorrow... oh and Happy Hanukkah on Monday!

[Anonymous No.52881711]

>>52881682
>>52881695
Cool so you have no legitimate reason for the market to be down like this, got it

[Anonymous No.52881717]

kek, baggies.

lmao even

[Anonymous No.52881718]

>>52881675
This is about the fact that this information was very well known.
There was nothing new that happened yesterday.

[Anonymous No.52881723]

>>52881711
>What's the news?
>what's the reason it's going down??
I hate you faggots so much

[Anonymous No.52881729]

>>52881711
>why does line on my company go down when their debt becomes more expensive

You are just pretending to be retarded right?

>>52881701
Ohhh maybe gonna scoop some calls Friday for Hanukkah scam pump desu

[Anonymous No.52881733]

The stock market is officially over

[Anonymous No.52881737]

are we closing below 390 today?

[Anonymous No.52881738]

Just 1-2 more days of dumping and we should start seeing some YTD lows that'll make great swings in January as the tax-loss harvesting effect reverses.

[Anonymous No.52881739]

>>52881718
I agree

[Anonymous No.52881748]

New

>>52881743
>>52881743

[Anonymous No.52881747]

it literally went to 410 to kill my position then immediately starts falling
fuck this shit

[Anonymous No.52881750]

>>52881718
Jesus christ
are you the same anon from the last thread who insisted over and over that no new information came out yesterday?
This is the new information, we went over this, OVER and OVER
next you're going to say
>but, but, but Powell said that weeks ago!
it is still new information!!! There are 12 voting members!! Jesus christ.
The dot plot and SEP was NEW information
how many times do we have to go over this
you're wrong. it was new information. fuck.

[Anonymous No.52881756]

>>52881452
i have trusts for my nieces and nephews. it has their SSN attached, along with their fathers.

[Anonymous No.52881760]

>>52881748
I WAS GONNA BAKE REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

[Anonymous No.52881767]

>>52881547
>>52881556
so how much money do you need to play with 30 DTE SPY options. Because I was martingaling the shit out of those and making good money for a while. Until one loss comes and wipes out my gains. Then if I limit position size I dont win as much because I cant martingale so its a catch 22. Either size it "properly" and not make any money but also not really lose any either. Or martingale and then run the risk of getting wiped but also run the risk of actually making some money that can be used to actually pay my bills vs a bag of chips at the corner store.

[Anonymous No.52881770]

>>52881682
Lol, santa rally from 370 to 385.

[Anonymous No.52881780]

>>52881718
I'm with you anon, this is absurd. It's literally been like this every time - "analysts" and talking heads go over the information ad nauseum for months but then suddenly it catches the market off guard on the day of the press conference? It unironically makes no sense. It blows my mind that people just accept this as "this is just how the market works bro", what a retarded self fulfilling prophecy.

[Anonymous No.52881783]

>>52881661
https://www.collecttrumpcards.com/

REAL

[Anonymous No.52881786]

>>52881594
That's just saying you collected more on the new position than you lost on the old one. You still realized a loss and now have a new position. Like I said there may be some cost basis tax consequences to rolling but that is irrelevant

[Anonymous No.52881792]

>>52881737
We’re unironically going to pre COVID levels in 2023. Only big turds like Apple are holding up the market, the rest have reset. Look at Amazon, Meta, etc. they are all at or below pre COVID levels with still sky high P/Es. We’re going so much lower.

[Anonymous No.52881799]

>>52881723
>>52881729
STILL no actual reason for the sharp move at 11:05 lmao you fucking idiots suck

[Anonymous No.52881804]

>>52881750
>This is the new information
see >>52881487

[Anonymous No.52881816]

>>52881799
it literally pumped for no reason, so it stands to reason that it can also dump for no reason

[Anonymous No.52881819]

>>52881558
kek the migaretards will eat this shit up

[Anonymous No.52881820]

>>52881711
Sorry bro, but the market doesn't give a damn about what you want or what you think

[Anonymous No.52881849]

>>52881630
>This is all done electronically and it's automatic. You are basically arguing that you have a system to beat a slot machine
He's saying he thinks he can beat the algorithms that determine life and death and how planet earth operates. Top kek

[Anonymous No.52881854]

>>52881114
>name any other trader who made $200 million and then dedicated 2+ decades to publishing free content to educate retail investors
Jim Cramer

[Anonymous No.52881875]

>>52881699
>I appreciate the discussion
kewl
>I just strongly disagree with you
no problem anon
Here's an example, pic related. It's a credit spread on SPY calls I just pulled up so let's do a rough expected value calculation. Delta on the short leg is 0.3085 and the max profit is $142. 1 minus 0.3085 is 0.6915 so multiply that by 142 and you get $98.193. The max loss is $358. Multiply that by 0.3085, the probability of the option expiring in the money and you get $110.443. If you do this trade 1000 times you will lose on average $12.25 per trade. That's the negative expected value I was talking about. It is this way on every option on every chain today and forever
>>52881849
indeed

[Anonymous No.52881888]

>>52881699
>it's how I make a living
i would love to see how because i have been trying and trying and studying these things all year and have come to the conculusion... jews

[Anonymous No.52881890]

>>52881750
This is how they move the goals posts. The real rates they are targeting in 2024 is more like 8-9% maybe even 10% and even that may not work. They are lying to you that this is what they are going to do here. This is going to be a Fed action like never before seen because its designed to cripple the Americucks when they are at their weakest. They still believe the fed is on their side kek.

[Anonymous No.52882027]

>>52881816
>it literally pumped for no reason
lol it pumped because the CPI was lower than expected.

[Anonymous No.52882092]

>>52882027
I mean when powell last spoke he said "higher for longer" over and over, and the market pumped

[Anonymous No.52882104]

>>52881890
JPow spoke the truth yesterday, forecasted terminal rate is going to be over 5, and we may have to adjust it up at the next meeting.

Just like you said, 8-10% or whatever TF it takes. He was as hawkish as Jackson Hole, but without invoking Volker's name.

[Anonymous No.52882246]

>>52882092
Because people were expecting CPI to improve, which it did.

[Anonymous No.52882448]

What is the downside of buying long term SPY puts at this point?

[Anonymous No.52883173]

Holy shit, are some of you really that mind broken over yesterday?

[Anonymous No.52884848]

>>52882448
Mumus will be really angry and sad with you