/biz/ - Business & Finance

>>18956406
>Nobody has enough information to make an informed decision on which direction the market will go
I agree with you for the case of the daily/weekly directions in the short/mid term

I don't think that 90% cash makes sense here, I think you're drawing the incorrect conclusion from realistic but incomplete premises

>>18956439
nothing wrong with patience
not a damn thing wrong with that, it's especially smart to be watching and not playing. much better than the people generating more trades than ideas.

>>18761128
that's the cute CNBC girl from this morning, no?
how dare you

>>18761166
>TPX
ooo nice
comfy

>>18545216
In 2008 they just sat around for months, while banks were going out of business for lack of cash. If they had acted sooner during that time, the recession wouldn't have been so bad.

I'm talking about the economy here, not the market. There were a huge amount of foreclosures/bankruptcies/layoffs that happened in 2008-2010 that could have been prevented with a hundred billion or so in targeted loans and purchase actions very early on in the recession, but the fed did nothing until the whole thing was already fully unwinding, and then they had to take much much larger actions to try and get the banking system back together.
This time they're doing a better job: they might be overshooting the amount of lending/purchasing that they need to do by a couple hundred billion or so, but the point is to keep the system functioning. You can't save everyone: there will always be unemployment and bankruptcies and that sort of thing. The point is to "flatten the curve" a bit and not have a huge cataclysm occur all at one time.

There is a price to pay for it: once we get through this, probably sometime next year, you will see the Fed start to raise rates incredibly slowly and also sell back assets. This isn't a permanent get-out-of-jail free card for these businesses that are in debt: if they can't find a way to start paying back their debt at non-zero interest rates, they will go bankrupt. But the important thing is that it will be stretched over the next decade or so, and not all at once in the span of a few months.

Hope it makes sense ;)

>>18327455
yeah
I've posted "BUY KNG" at least 100,000 times over the last year for this very reason
BUY KNG
KNG

>>18327469
hope you don't get coofed on
I live in Lisle, I never go to cook

>>18327473
the same bloomberg one in the OP works for cnbc
https://123news.tv/cnbc-live-stream/
https://watchnewslive.tv/watch-cnbc-live-stream-free-24-7/

>>16692380
u trying to gamble son?
you might want to zoom away over to reddit.com

>>16358349
I try to only hold physical metals, as opposed to "paper-metal" assets.
I don't own that much, it's an amount that I could throw in a bag and go (low 5 figures USD). It's a smaller valuation compared to my RH portfolio, and certainly much smaller than my total equity holdings.
There are some tangible benefits to holding real, valuable metal assets, but they are beyond the scope of comparing YoY% return numbers in a spreadsheet.
I have advocated KNG as a decent anti-crab instrument. I've actually done OK with GLDI this year, buying it when it was very cheap. Moving forward, I think the crab might get me. I sense his claws and scuttlig legs all around me. I'm feeling too much the need to be active, and to do things and make adjustments to my positions. I might end up putting myself in a very snibbable situation, we shall see.

>>15770212
>You aren't supposed to hold options until expiry.
that doesn't really have anything to do with what I said
>They also tend get iv wrong half of the time.
who is "they"? are "they" the buyer or seller of the option(s), or are "they" just a hypothetical counter-party?
what about our side of the trade, and our IV calculation? if the market is "wrong" about IV (forward-looking?), then of course we might want to find a good position to take advantage of that
my response to the other poster was to try and give some ideas about why a hypothetical options strategy might not be "free money". The answer is still going to be something like "premium accounts for most likely future price movements, especially when integrated forward into a repeating strategy"

>>15770227
you buy the calls to leverage up a timing play
higher risk, higher reward

>>15587303
SPLV was waaaayyyyy over bought in the first half of the year.
it was outperforming super hard, so money flowed out of it to other venues.
Like if you bought SPLV in January it was the greatest, but if you bought too late after that you're chasing and not leading.

there are some traders in this thread who are 10x better than me. But I'm also in a situation where I have a full time job and can't day-trade and watch the markets enough to perform. (also my schedule changes every couple weeks :p )

so I have already had to transform my portfolio into one that is more stable and yield-focused, low maintenance.
I still have some memes. I have GALT, I have LCI, etc. But I'm very broadly allocated across equities and I stopped buying options altogether. I'm set to ride out the crab market, accumulate cash, and buy dips. Limit selling to high-beta positions with trailing stops (still position dependent)

>>15050124
I like "red" and "We Are Never Getting Back Together" too, because I'm a total causal Taylor Swift fan. Meaning, I like her ultra pop-songs written by other people more than all the songs she wrote herself.

'All Too Well' is OK but not the same as a pop anthem compared to the others

she's still a total qt a person, even though she's old now
she just got super lucky to have ~120IQ, moderate-high attractiveness, and QT autism all at the same time
once I start breeding qt autistic girls, I'll make a bunch of those

It's known that Taylor browses 4chan so even though she's old, she's always ours

>>14637327
haha

for most people, the best way to get good at anything is a combination of practice and study. they need to be interwoven, you can't just do all your studying and then all your practice, or vice versa.

I'll make some analogies:
to get good at competitive video games, you want to play a couple games, then watch a good player play a game, THINK ABOUT WHAT THEY'RE DOING, and then play another couple games trying to implement that knowledge. Keep repeating that little loop until you have a grasp on all the terminology and concepts.
Once you start to get your bearings and know what's going on, you start thinking of things in more of a question-answer format: 'why should I do this', 'why did he do that', etc. Then you are doing more of a research type of studying, but you are still alternating between studying and practicing what you've studied.
Same thing goes for learning about trading or investing. Any asset class or investment style, period. So you should be doing enough study to get all the basics. This will take more than a couple days. If you don't understand what concepts like 'price', value', 'real vs. nominal' etc., then you CANNOT really begin to understand what something simple like 'buy low sell high' even means.
Like you said, you can't just sit and read books all day for years and then suddenly get into the market and know what you're doing, because there was no study.
BUT if you try and enter the market and 'learn' by trading without a good foundation of study, you won't really be learning anything. Better to read and learn for free, quicker, without losing money. Then you will be able to learn MORE from your 'practice' trading

let me know if it makes sense

>>13665654
make sure to write the calls high, you DO NOT want to miss out on the full potential gains that BILI has to offer

>>13300874
nah ti's fine we'll be up slowly but surely for at least the next two months
ex-news etc.
long term who knows


>>13300881
Don't regret. It's tough to make decisions fast. you have to grab your gains and go, it is the right call.
If you second guess yourself, next time you'll hold through the peak and lose out

>>13012844
Might end up OK.
The best time for GUSH and UWT was January, it was NUTTY levels of free money.

Right now, IMO, oil is in an intermediate position. Can't be sure about mid-term increase or decrease.
news is likely to be of the upside- variety, but oil in the 40's was better than oil in the upper 50's.

SQQQ won't go to zero. now is an uncertain time to buy, but SQQQ calls/buys could be a good hedge on your position, depending on what it is.

disclaimer I/we are holding SQQQ calls and GUSH shares

>>13012864
It's OK to throw on some OOM AH buys/sells just to see what you can get. Might get someone to buy/sell for a premium.