/biz/ - Business & Finance

>>30343555
What. I'm from europe and IBKR allows me to trade US options without problems.
I just had to uncheck
>[ ] Preservation of capital
from my investment goals

>>29653667
The 10yr treasury is at a 52 week high too.

I wouldn't buy SQQQ right now, I think we are in September territory, where we are just going to crab down 0.1% each day for a month, and then suddenly a +5% green day

>>27174860
I was retarded and thought the OP was about a general market downturn, not the shortmeme shit.
You cannot poredict the shortmeme's peak, as it's kind of a social movement now.

That's the main problem with predicting Ponzi peaks: you have to know who is the full potential audience. Once the pump reached everyone, it will dump.
At first I thoguht the GME was a wsb/4chan thing and once I saw it in every thread, that was the peak. Then stockie people from the outside started joining in, I though that was the peak, there is no way anyone else would be interested. Then the flood of normies came. That peak was actually easy to calculate (around thursday night, friday evening), but then Robinhood pulled a magic trick, so it fell back.

Now it's basically anyone's guess. The price is not really affected by the influx of normies anymore, it's more of a battle of attrition between shorties and "diamond hand" activist retards. If you claim you can predict what's going to happen, you're an idiot.