/biz/ - Business & Finance

>>15270093
>Starry Night
>that
choose none

>>15269424
Yep. Still based. Imagine actually thinking a recession is habbending because of some bond numbers lol

>>15270174
>>15269979

I made a thread after finding this pic, asked how they justify spending so much money on toys, and asking what were the most cost effective firearms

Favorite response:
>I recommend Glock because they are basically the Toyota Corolla of handguns. Commonly used by police and regular citizens alike, with a proven track record and excellent availability of parts. There are cheaper options, and fancier ones of course too. But a used police gun will usually have plenty more to give. They often rotate new handguns in every couple of years, and don't see near enough trigger time in that period to really wear out. If something is worn, since the gun is so common it's going to be easy and cheap to replace. You might even get slightly dim night sights, which are a handy feature.


Highlights:

>To answer your original question, best bang for your buck? a 12 gauge with your choice of buckshot or other specialty rounds

>Shotties are fine for the price point of $200-300. The only PCC at that range is a used Hipoint carbine, and they're good but not pretty. Semi rifles at that pp just don't exist period lmao.

>Mav88 F/S is the /k/ poorfag gun of choice for a reason.

>if you want the best bang for your buck, I'd suggest a pistol caliber carbine. Semi auto or bolt action, 9 mm, 380 acp, or 38 special. If you want a rifle, bolt action in 7.62x39 or 5.56.

>An AR-15, if legal in your state is going to be the most combat effective weapon to ratio of price available. We're talking 30rds on tap of ammunition which will rip clean through Kevlar, hit reliably out to 300yd, kill much faster with way more certainty than any pistol and cost 25-30 cents per trigger pull.

>A shotgun is useful for going fully off grid or holding down the interior of a structure. It's also dirt cheap, but ammunition is more expensive.

>Good cheap pistols exist too and will be very valuable for keeping a low profile, so get a police trade-in Glock or two and good holsters to match

Why the FUCK is it so hard to take profits

>>15270222
You never really know how good you had it until it's gone, anon.

>>15270222
taking profits is just realizing losses early
increase your time horizon
Be like the Buffett

>>15270197
a 12 gauge is a wonderful thing. Especially a tactical model. Wide ammo options. Being a perfect marksmen is not a requirement either.

Generally speaking a single buckshot (slug) will kill some fool if they're at close range (which if this is inside a home is a pretty sure thing) so no need to worry about ammo supply. To put this right. a buckshot (slug) will put a nice fist size hole in a car door so yeah some poor fool don't stand a chance in hell. If your wanting some dispersion a regular buckshot (pellets) is another good choice.

>>15270197
Oh I think I read that thread, at least, I remember seeing that pic recently on /k/. Definitely a helpful post. God I want to shoot that h&k on fully auto.

you know, i don't even own a shotty, but i might get a mav 88 to try one out now. Maybe see if i can bag a turkey or quail with it

We've never seen an economy like this. It's booming. It's better than ever. And it's not going to stop. Stop saying that there's going to be a recession. We've never had it this good, so past indicators can't be applied to this situation. They're irrelevant. Our economy is doing wonderful, and will do wonderful for the next decade. S&P 3,000 and then S&P 4,000 and then S&P 6,000 and so on. The stocks will never go down ever again, I assure you.

I can see the future,
I can see time,
The market will go,
To an all time high!

Literally every time the 2/10 year has inverted, the market went on to break new ATHs.

>>15270397
The market always goes to all time highs eventually

Until it doesn't, and either you're already prepared for that sort of situation or you aren't.

>>15270397
2/10 inversion wasn't such a meme in the past.

Look at bond yields and gold. ATH is not happening.

Priority one distress call.
I need a better job.

NOOOOO LEAN HOGS AND ORANGE JUICE!!!

I'm hoping that before the year is up I'll have a new job and/or promotion. The thought of all that extra cash coming in is exciting as fuck.

Some people would blow it on shit, not me, I'm gonna save/invest it.

>>15270275
What's your take,
is a used glock a no-brainer?

Th-thank you based bucciarati

>>15270174
Imagine getting this confident based on a 0.5% gain after 10% drop in few days. Enjoy being dumped on.

>>15270244
Warren is literally wrong about all of his market theses. He just got lucky with his timing in the market.

Could any1 provide me with a TA on gold? I couldn't sleep this night due to anxiety of the coming crash. Gotta go all in on gold, as generous Mr. Schiff told me.

I decided to invest last night for the first time and put $90 in GE on Robin Hood, they lost like %12 today lmao

Thinking of dropping $1K on a nice AR-15.


Will used guns go up or down in value when the recession is in full bore?

>>15270668
This is good bait

>>15270691
Haha nice
You must really love GE to chose to buy it instead of any other stock

>>15270642
The grips on glocks feel weird as hell, they have a strange lump on the back that doesn't fit my hand well. Other than that they're p great, but you sometimes have to shell out for extra features. For example their trigger guard is too thicc and feels weird, you can get it undercut to make it great but that costs money. Additionally their stock polymer sights (if you can't find one with used night sights) suuuuucckkk, you NEED to replace them or get one with steel night sights.
If you just want a cheap-ish gun that's extremely reliable they're a good deal and a very good first handgun

>>15270729
I thought it would be safe since they are such a huge stable company. They they had a literal whistle blower catastrophe 10 hours later lmao. The rest of my 1000 dollers went into SPY though so I'll be okay.

>>15270691
GE will be ok. Dude who leaked that report don't even work for GE so his motives are kinda suspect. Culp just bought a shit load of shares today so he sure ain't worried. Culp turned around one falling company so he's got the chops to do it again. Indeed, the leaked report not withstanding, he's done a right good job thus far. Look at the share price before the report leak and trump shit fired up.

>>15270756
>The rest of my 1000 dollers went into SPY though so I'll be okay.

>>15270709

If I was an American I would be stockpiling as much 5.56/223 ammo and 30 round magazines as I could, and buying as many 80% AR15 lowers as I could and building up my own guns from parts.

Just outright spend $10,000 in bulk on the above.

There's no need for deviation from the above, except for maybe a cheap 9mm pistol.

Is it dumb to sell my Uber shares now at $33? I bought at $43. It seemed like a good buy but I guess people won't be pissing their money away on $10 for McDonald's delivery and $300 Friday nights at the bar when shit hits the fan.

>>15270812

Also potentially some cheap bolt action in 308 for longer range shooting.

>>15270823

How many shares do you own?

What's your total cash position/net worth?

It's over, frens. It's all over for me and my dot.

Someone called into Cramer and asked about GreenDot, and he said their guidance down was really bad and "you're on your own." The boomer-bull himself had nothing good to say.

Thinking about converting my GDOT bags to cash, or MO, MRK, JNJ, SCHD, PEP... anything else else, something that pays a dividend. If they hadn't mooned so hard already, gold or silver even would likely be a better bet.

Even NRZ seems like a "safer" bet. It's seriously close to its 52 week low...

>>15270668
>buying and reinvesting the dividends on Coca Cola was literally wrong

"I'm never fucking selling"
- Warren Buffet

>>15270582
Me too man, me too.
I seriously need to upgrade my life.

>>15270812
I've been considering buying a few aluminum 80% lowers and not milling them out, would easily go 5x in price if they're banned. Remember it's not legal to sell a firearm built off an 80%

>>15270847
150 shares.

2k in savings and 60k in Russell and S&P index funds.

>>15270709
In a recession, each good or service experiences a drop in market price comparable to the degree to which it is of generally inessential value.

A rifle is definitely inessential. Therefore, unlike fuel or meat, the price will be dragged down to a great degree by recessionary pressures. The election of Democratic politicians (plausible) or threat of total economic collapse (implausible, but possible if recession is mismanaged) may, however, result in a net increase in price.

>>15270682
S&R, trendlines, fibs.

>>15270894
>a rifle is inessential

WHERE ARE THOSE FAGGOTS THAT WERE SHILLING NRZ AND MO?!?!?!?!!??!

>>15270682
>>15270903
Gann

Trendlines are the palm readings of the stock market.

>>15270197
There are a lot of pistols in the same category as Glock, namely, striker-fired polymer-framed pistols. Glocks are pretty good but a lot of competitors take the traits of Glocks and do them as as well or better, sometimes with a drawback; their biggest strength is size efficiency, and that's marginal depending on what gun you compare it to. Glocks are overpriced new by $1-200 unless you can get access to their blue label program (.mil, vet, or LEO), but any Gen 3 or newer Glock will be fine. Shop around your local gun shop and get a feel for the Glock and its competitors. Most of them perform pretty comparably with some ergonomic and other details that vary, so it'll be hard to go wrong.
>Springfield XD sucks, don't buy one

>>15270876

A 6K investment isn't that much desu.

With the way things are now, the only way Uber isn't going to reclaim new highs is if equities as a whole shit the bed big time soon.

The precedent for the last 10 years has been for the Fed to come to the rescue of stocks, and things have inevitably gone higher.

Only you can make this decision.

If I was in your position I'd hold. But I'm not, and I'm not long any US equity.

>>15270930
wrong and cringepilled.

>>15270911
I'm not saying that a rifle isn't of value, I'm simply saying that it isn't of essential value, at least in today's society. You can live without it, it is not essential for life or normal function, and is thus, inessential.

When someone is forced to choose exclusively between having a rifle or having this month's worth of food, rent, and gas - what do you think they will choose? In a recession, it is an exclusive choice for most people. Therefore, in a recessionary environment absent any political alarm or instability, the value of purchasing a rifle will decrease, and thus the price rifles command will decrease with it.

>>15270913
>implying implications
MO? The defensive consumer staple that keeps getting better as its yield makes it more and more attractive? That company I'm looking to increase my stake in, and I'm hoping will trigger more buy orders at 45.20?

Explain your case against MO and NRZ or shut the fuck up P*ndy. That yield gonna be real nice when Powell gives us those rate cuts.

>>15270894

Historically the prices of the AR15 in the last 2 years have never been so low in the US. If you go back to the 90s and the 00s and check the prices advertised for AR15s, they were much higher in inflation adjusted dollars.

A ban that grandfathered all old rifles but banned new production would make these guns skyrocket, similar to America's full auto registry.

>>15270956
Thanks. I think you're right.

>>15270990
whatever you say newfag

Isn't this just a little bit too fucking ridiculous?

>>15270934

Modern pistols are all pretty much the same. As long as you have a reliable semi-auto with good ergonomics that has the 17 rounds, you're not at a disadvantage to anyone else that is similarly armed.

Any caliber other than 9mm is a meme for self defense.

>>15270965

>Therefore, in a recessionary environment absent any political alarm or instability, the value of purchasing a rifle will decrease, and thus the price rifles command will decrease with it.

If the recession happened in a vacuum, sure. If there was serious political pressure for a ban, every 2nd amendment boomer is going to be emptying his 401K to go down to the local gun shop and drives up scarcity.

>>15271015

Keep in mind I'm completely short the US market, I'm just putting myself in your shoes if I had your portfolio.

Which I don't.

>>15270993
True, but before the AWB expired only a handful of companies produced AR-15s. Now there's manufacturers catering to almost every market, budget and demographic.

>>15271028
I agree, though having 15 rounds in a full size pistol won't exactly get you killed in the street. As long as you live the double-stack life you're good.

>>15271043
Is buying stock in Ruger a good choice? I figure there'll be panic buying once the election reaches full swing. What gun-related stocks are good investments, if any?

I hope Dis has a nice fat Divvy hike this year. going from 0.88 to 0.92 or more would be nice.

>>15270752
>>15271028
>>15270934
Thanks frens. Mostly like the idea that the glock is so prevalent that it'll be easy to find ammunition, replacement parts, or even pick up a new one and not have to adapt much in the case of a smaller shtf-type event that isn't all out cannibalism and race-wars or nuclear fallout.

I guess ammunition isn't such a big deal because anything in that caliber uses the same ammo.

>>15271063
>>15270857
I have no idea what these posts mean... double stacked or milling them out... built off an 80%?

>>15270382
Double, down, leveraged and longable;

Investor burn, and S&P bubble!

>>15271155
shoot >_>
shoulda used buyable instead of longable

>>15271066

Dunno m8. If there's restrictions on the new production of these items, I wouldn't have thought the stock would go up.

It's the existing items that would go up. It's an arbitrage opportunity.

>>15271097

Go to /k/ and use wikipedia about the terms.
I don't doubt that there are people in America that have shipping container loads of Magpul 30 rounders that were bought at wholesale prices, just waiting for a spike in prices to offload them.

>>15271097
a double stack pistol is one where the magazine feeds the rounds in like pic related, pretty much all handguns designed after 1980 work like that. If it holds 15+ rounds it's a double stack, you want that. Glock does offer some single stacks but only in for meme concealed carry options. Just get a 17 or a 19, can't go wrong. Remember you want 9mm, don't get bamboozled into .40 or .45, and definitely never touch .357 sig or some other meme caliber.
An 80% lower is a way of making your own unregistered Ar-15 rifle. The ATF only considers an AR lower a registered firearm if it's more than 80% complete, you can order one that's only partially finished with no background check because it's technically just a chunk of aluminum/polymer in the eyes of the law. If you're handy with a drill press and end mill you can finish the remaining 20% yourself and have a working lower with no serial number or registration process, unknown to the government. This is controversial but not illegal, and a good way to make your own ARs cheaply.

>>15271176
uhhh whoops

>>15271187
Oh ok makes sense.

I hope my stocks go back up

>>15271155
ARE YOU FUCKING SHORTING AMERICA AGAIN?!

>>15271097
Double-stack refers to a type of magazine design. Most modern magazine-fed firearms feed from a double-stack magazine, that is, the cartridges alternate diagonally to make more efficient use of space, fitting more cartridges in a magazine of a given length while only increasing width somewhat. Almost all Glocks use double-stack mags aside from a few that are oriented towards concealed-carry, and even then there are double-stack CC guns.

I would advise you purchase a Glock 19 specifically for a few reasons.
>9mm is cheap, common, effective
>The 19 is a compact model that's large enough for regular use and small enough to reasonably conceal
>Glock 19 carries 15rds but can still use longer 17rd 9mm mags used the the full-size Glock 17, as well as the longboi Glock mags out there, though the longboi mags aren't as practical in a defensive handgun.

>>15271176
I think Distributed Defense has a product that mills out 80% lowers.

>>15271212
They will after you sell them at a loss. That's just the way the game works.

My face when add a new position in CAKE today and then watch this
https://www.youtube.com/watch?v=4v15-Xfhwv8

>>15271155
if you sell, nonetheless
the golden bull will grate her flesh

>>15270812
>>15270857
Don't buy unfinished lowers just buy something cheap like an anderson they're $30 each no shit. It will be better than something homemade

https://www.kygunco.com/Product/View?ItemNo=143766

I've been starting to stockpile I plan to get some every month for the next several months. I just bought another case of pmags.

>>15271244
sell? what's that?

>writing covered calls
vs
>credit spread
who wins?

>>15271344
Your broker.

>>15271362
How do I make my brokerage lose?

>>15271433
do all your trades over the phone.

>>15271028
i live in bear and moose country you nigger 9mm is garbage for defense

>>15271455
My dad still calls his brokerage to set limit buys and sells. He always gets frustrated trying to spell out letters and making sure the person on the other line understood that it's fifty instead of fifteen. LOL, fuck that shit.

>>15271477

You shouldn't be making threats against gays and canadians anon.

>>15271344
You know I don't have a ton of experience with spreads, although I have done some theoretical calculations in how to best use them. Basically, it boils down to 2 simple rules:
>Short term (2wk-1mo) otm credit spreads
>Long term (6mo-2yr) atm/itm debit spreads
and you wanna distribute your collateralized capital evenly over time so you don't lose it all on a single bad trade.

However, covered calls are utterly based. It's literally someone paying you for the opportunity to sell your stock at a certain price. It's just like a dividend every week!

Thank you for coming to my TedX talk.

>>15271279
>Anderson
I'd be okay recommending PSA, but I've heard too much shit about out of spec Anderson lowers. Plus people stocking up on 80% lowers is to dodge alphabet boys, which buying finished lowers doesn't let you do.

>>15271477
Then carry a revolver with .44 Mag hard cast lead bullets you faggot, we're talking about 2-legged predators here.

>>15270197
>>15271279
>>15271567
>>15271572
>muh guns
>>>/k/
>>>/pol/

>>15271567
I'm just gonna go through a FFL I don't give a fuck if they know I own lowers they're never going to go door to door either they're going to be legal and I can sell them or they won't be at the end but I really doubt they'll be banned entirely because machine guns are still legal.

>>15271277
>From the lord of the rings, which was a movie about witchcraft and wizardy
>Look at the pinecone
>Now am I going to stone you if your visit a Cheesecake Factory?
>We can feel the occult power there
done.
>witchcraft is becoming the number one religion
CAKE to 2000 EOY
never fucking selling

Why didn't you mention that they just raised the divvy and they've got 3.85% yield? And the recent insider buying?

>>15271455
Pretty sure schwab charges extra for trades executed over the phone.

I'm using their commission-free ETF's to beat them at their own game. I was spooped by SCHD mostly because of XOM, but now that they have the Rat's seal of approval, I feel better about it.

>>15271584
Guns are good, y'all liberals just don't understand. Literally every single american hero ever has carried and used a gun.

>>15271584
This is a battle for stock market survival

>>15271584
Commies can't redistribute my Gamestop put options if I shoot them first.

>>15271623
the div increase is always a good thing. Insider buying I consider a completely useless indicator

they also do buybacks annually. The balance sheet is mostly solid but Operating margins are decreasing which is the only reason I can think of for this sell off. anyways, Im not really trying to shill it to people but Im buying for the bollinger band specifically

how can I prepare for the recession dip? just hold cash?

>>15270277
Unironically this

>>15270222
>coulda sold AMD at 35 from 29 at 10k profit and held
>now have to wait for it again and this time I’ll sell and it’ll go higher
Such is life in intermediate trading

>>15272062
>bought at 32.5
>slept through 35.5
>sold stop at 30.5
>sat through 29.2, expected sub 29 after nvidia
>Nvidia has good ER
>can't buy until 430PT, futures are already at 1%
What do bros? Will it go back to 32?

>>15271847
Buy defensive stocks like good 'ole KHC and GE :^)

>>15272430
>defensive
(-1.80%)
(-11.30%)
please no bullying ;_;

>>15272504
The point of GE is to give you the experience of living in a recession without actually being in one

>>15272571
wtf that's boomer kind of it builds you character bullshit

>twitter for Android
Lol nerd

A niggers margin got approved on robinhood. Should I buy BABA, TSLA, or AMD? Before you tell me I’m retarded for using margin don’t worry I already know.

>>15272904
Ah yes, threee of the best, high yielding stocks trading at a very low P/E multiple, and solid performers even in an economic downturn.

You have great instincts.

>>15272960
>Using gay boomer heuristics when all that shit is priced in anyway
The point of margin is you go for meme potential otherwise you lose money on the interest.

>>15272973
then why not buying lottery based on your digits? meme magic bro

>>15272973
>>15272904
I don't know how else to say this, but are you sure you didn't miss the exit for reddit?
If you're just trying to burn some money to get an epic screenshot that you can show to all your friends, we don't really do that here.
Sure, we're out here losing real money and being idiots, but we're actually trying. No one on /smg/ is down with what you're trying to do. We are NOT blindly gambling on meme stocks that other posters told us to buy just because. Unless we are. But not TSLA

>>15273049
I'd rather believe /fit/ are not homo

>>15272904
the only stock you named, and i am confident in is amd, everything below 27€ is a ok price, everything below 24€ is great. From an engineering standpoint, this company is great, they could double their marketshare in a couple fields in the coming years.

>>15273049
B&R

>>15273049
I mean I will admit I am gambling with my $20 robinhood memefolio but obviously i try with my real holdings. AAL is fucking my ass real bad though at least if it stays this low the drip will be nice but good god I bought too high.

stock market virgin here, I'm about to come into a decent sum of money and I want to learn about investing. Can someone chuck me a link to the Google Drive with the recommended books on it? Thanks

Do you have any advice on what to do seeing as a recession seems to be coming? Maybe this is a bad time to start investing

>>15273263
Honestly I would argue anything under $30 is decent. Honestly assuming the market keeps crabbing 40 eoy is not unreasonable.

>>15273338
There is never a bad time to start investing just average yourself into things that will perform well. The recession is both nonsense and not on one hand it's bullshit but on the other hand it's literally possible to meme your way into a recession by eroding confidence easily done with the 24/7 news cycle that hates Trump so bad that they would rather destroy millions of people than see him get 2 terms. All while espousing the nonsense that they're fighting for the people they're fucking.

So I was looking at the SPXL (3x bull S&P ETF) chart going back for years and it looks tailor made for scalping. Jist buy the dips and sell every bounce. If it dips a little lower, just buy more. If it dips really hard and you run out of money just hold until it comes back up since after all it tracks the S&P so has a great chance of working out. And if you end up holding long term, no problem as you aren't any worse off than any other ETF investor except it's a 3x leveraged instrument which will jist end up making you more money anyway. And if it moons, just make sure you don't sell out completely so you can ride the gains. Even if you are only 1/3 in on a good moon, you still capture equally as good gains as if you were all in SPY.

Why is this not the master plan, /smg/? How am I going to get rekt doing this?

https://gallery.mailchimp.com/199a11600490e42b3dcf6d2ee/files/fa29f469-c222-4a94-a324-ccf2cfea50ef/2019_08_15_GE_Whistleblower_Report.pdf

oh no nono nononononono

>>15272256
>bought at 32.5
>sold stop at 30.5

Why the fuck would you set a stop loss in the losing zone when it's eventually going up again in a reasonable time frame? AMD is in a pretty good position right now.

Set a trailing stop when you're green, THEN buy cheapies. Otherwise, you're just burning money.

>>15273389
I did that for a period of a few months (last Nov-Feb). Works pretty well, particularly when paired with SPXL/U (Reluctant's method). 1/5/15 min candles with bollingers and RSI seem to do okay. Very stressful to do for long periods of time though, after three months of doing that pretty much every day I was frazzled and burnt. I'd like to start again with that exact method honestly, especially since now I can daytrade freely.
One thing I noticed was it was a lot safer to trade crosses on BB EMA rather than trying to catch the exact bottom/top of price action, but you make a lot less. You do you

>>15273346
it will go up for sure the next 3 years, after that, we gonna see if intel brings out something competetive

>>15273389
Tiny gorl absolutely mogs the other two. She’s not even wearing heels but her proportions look like that.
2>3>1

>it's a 3x leveraged instrument which will jist end up making you more money anyway
Perfectly possible.
If you buy it and it goes up, it does make you more money.

But what happens if you buy it and the S&P just trades sideways?

>>15273518
>GEnron
>GE’s yearly profits are even better than Madoff’s!
Pretty much what I’d expect from a shortseller’s hit piece.

>>15273595
RKG shared her methods?! But she’s normally so secretive...

>>15273338
just keep enough liquidity, to get over at least 6-8 months

>>15273613
She told me how to do it over a year ago, nu-rkg v7 has been much less forthcoming. I'm p sure she uses different indicators than me, she's fond of volume profile, depth of market, and of course straight lvl2 while I love my bollies. She's MUCH better at daytradies than me, ask her how it's really done

>>15273595
Thanks for relaying the experience. Definite confidence booster and I'll check out Reluctant's method.
>>15273613
Yeah, shorty is a cutie. I looked at the chart going back a while and even when SPY goes "sideways", there are still little dips and peaks that are magnified on the 3x chart. Regarding the reality of a leveraged ETF not really tracking the underlying exactly and even going down in a volatile or crab market due to daily rebalancing and sideways volatility, I don't think the effect is as bad as it seems in practice at least my research on resulting numbers from simulated trading on historical charts doesn't make it appear to be a serious issue. I believe the constant selling and buying back in on ups and downs will mitigate it further. Even to the point of it being a moot issue.
I'll just have to see how my trading style works in practice on the idea but it seems good in theory. I trade similar to this with bitcoin and despite it going down in 2018 I still managed to make a lot of money. Hard work and diligence required though.

>>15273595
Ahh.. Reluctant==RKG

>>15273389
Yeah that works. This is essentially a more frequently traded version of the same i do with 2x on S&P. It's consistently profitable for me but i'm leaning towards holding even longer and doing more cost averaging in future for my index fund trading (still with 2x). It's tiring.

>>15273723
Awesome. Thanks. Another success with the idea. I'm excited boys

>>15270222
>>15272062
do you guys not trade based on technicals or what? you get a good system together and it becomes pretty easy to know the direction the market is moving and for how long, after that you just pick a time frame you want to trade on (or hell, even trade using multiple time frames at the same time).

TA will seriously make you a lot of money in the long run and take the guess work out of it. but it takes a lot of time researching indicators and backtesting. you don't even need to pair it with fundamentals or the news but those do help a lot if you do both (like obviously you know going long is probably a bad fucking idea after trump announced the tariffs, shit like that would explain why all of a sudden you'd see a bunch of stocks drop like a rock)

>>15270277
the inverse yield curve isn't absolute, it's symptomatic. it basically means that if we do nothing then we're gonna be fucked, like if you have a fever and you don't go to the doctor and take medicine then you might die. the chinese already cracked under the pressure yesterday.

>On Thursday, a statement from the Chinese government released just before the start of trading in the United States helped to lower the tension.

>“We hope the U.S. can work in concert with China to implement the two presidents’ consensus that was reached in Osaka, and to work out a mutually acceptable solution through equal-footed dialogue and consultation with mutual respect,” Hua Chunying, the foreign ministry representative, said in the statement. The consensus in question was hashed out by Mr. Trump and Xi Jinping, China’s leader, in June, when they agreed to resume trade talks.

Translation: this really is fucking our worse-than-romania GDP right now and our people really hate us with the hong kong shit going on, please let's make a deal to make this all go away. They manipulated their currency, Trump called them on their bullshit and they brought it back up again, now this statement yesterday. Pretty obvious they're cracking. If they were just saying "Fuck me? No, fuck YOU!" and really taking a hard stance, I'd be worried, but now they're already looking to compromise. Honestly not worried about recession at all, grab your cheapies while you can especially at OPEX today the market is sure to go down a lot, but it's just down artificially as I'm sure you guys are aware. As long as your company's fundies are strong there will be a correction in the next week to next month imho. This is basically around where we're bottoming out.

>>15273595
what is Reluctant's method?

Nooo, don't tell me Friday is a slow day. Trump tweet something!

>Futures

>>15274405
Here comes the sell off, man
Nobody wants to hold into the weekend and see China Tiananmen Square what is happening in Hong Kong and then cry as the SPY sees 277 again

>>15274487
>277

We're getting close to 290

>>15270668
This. In order to look like a genius, you have to get more of your bets right than wrong. Someone who buys and sells constantly has a very low chance of significantly beating the market, simply for statistical reasons. Someone (like Buffet) who only makes a few major bets over multiple decades is no more likely to beat the market, but only needs to get lucky a few times.

Seriously, Buffet is no more insightful than "dividends are your fren" poster.

>Reuters: LSE's FTSE stock market suffers longest outage in years

Imagine my shock. No threads on this?

>>15274582
It's just British government running possible scenarios in no-deal brexit, similar to that blackout scenario they ran week or two ago.

>>15270093
>have 3 grand in my account
>too cheap to put money in the stock market and afraid of seeing my bank account go low
>might possibly get terminated from my Job

Man. I hate being cheap and stingy with my money. How do I stop this bad habit?

>neon green futures
Who's ready to make some money?

Crash the futures with no survivors

>>15274591
No, it was done to pre-empt panic selling at the start of the session.

>>15274598
If you get rich you will be slightly less stingy with your money

if you lose your job you'll need the 3k to cover expenses right?
Tell the story about your job. Did they catch you sniffing the chairs?

>>15274637
Nah, I guess I had a micromanaer new store manager and I kinda spoke my mind, normally I keep my shit to myself but it was more of i had enough of this crap, and gave her my two cent of her performance. Now that I kinda think about it, if I didn't say anything, I would have still have my job, but it was those retarded moments that made me regret it, man why the hell I became a rebel, that's not who I am. Yesterday, I had a grievance meeting, met with the HR district manager, gave my side of the story of what happened. So basically it's either they uphold my termination and get back to work OR terminate me, which sucks because I been working for this company for 4 years.

>>15274637
I work in food service, at least the a deli department. And it sucks because when if I'm going to find a new job, food service is all I know in my entire life, so I'll probably be a wage food service cuck unless I do something about it. Electrician trade school is on my mind, or at least telecommunications sound engineer?

I have like 1 stocks for AMD and 2 stocks for Ford lel

>>15274685
>food
>service
>pokeyman pictures
Yeah you're never going to make it

>SWEDEN'S 20-YEAR BOND YIELD FALLS BELOW 0% FOR FIRST TIME, ENTIRE SWEDISH YIELD CURVE NOW NEGATIVE

>>15274712
Eh I have a girlfriend and a loving family who supports me so I'll keep my spirit high and look above and self improve and do better

>>15274685
Learn a new skill, you can always learn.

How come this gay market can't just pick up where it left off after the previous close. I have to sit here losing money and there is nothing I can do about it.

>>15274598
Anon, you can't go wrong with having an emergency fund. Trust your instinct to have cash on hand.

>>15274778
>MFW

>>15274784
I like your spirit, lad! Also could I get a ham and swiss on whet to go pls :^)

>>15270823
this nigga bought the top and is selling the bottom lmaooo. based /smg/. nigas literally out here buying high and selling low pussy ass nigga

>>15274778
Imagine staking anything valuable on the future of Sweden.

>>15274778
Swedish krona is getting weaker and weaker, health care is a total disaster etc. this is what happens when you destroy a country with uncontrolled thirld world migration

>>15274974
pls no
no thank you

What are you fellers buying this morning? Looking for something cheap I can throw 1k in on the inevitable pop

Alright frens let's have a good friday

>>15275065
SNSS $1, right?

>>15275053
Have to see how the cookie crumbles at open, my man. I don't play the pre-market.

*BZZZT BZZZT BZZZT*

Dump it.

Who here ready for another wild ride?

I need help poorfag here I don't follow the markets I've got 600 that needs to be 800 this afternoon what do I buy?

>>15275226
Kneepads and a hotel room

>>15275226
Send it to me, I can make it happen.

>>15275238
Rent me your wife she'll be doing it while you're at work anyway

>>15270197
>tfw have more guns and ammo, but no gf

>>15275053
I'm in Office Depot (ODP) on Robinhood. You can look at the charts yourself, but it's down a ridiculous amount over the last month on no recent news other really than Trump tarriff threats. I'm expecting a big pop sooner or later.

>>15275154
Probably not today, but the volume is picking up.

>>15275385
I figured it was becsuse no one even uses that shitty retail store anymore

>>15270093
GE seems fucked but i have a buy signal here. just bought

>>15273723
>>15273389
>>15273595
God I would love to see your fees, taxes and yield after doing this.

I guarantee its less than just holding the SP500.

>>15275526
Yeah the price is literally headed to zero I don’t know why anyone would buy into it.

>>15275528
making a killing with GE here

me had sell SPXL been holding since 46.00 today because of boss' rollover in margin ;_;
cant trade until monday

pretty upset because pretty sure we hitting 2900 soon

dont worry the fed has our back

Buy the dip idiots, been waiting for a nice dip for ages, hope it goes much lower

>>15275584
>caturday

>>15270093
>ESPP for my company
>shares supposed to be bought last night at 14.35
>stock price is currently 17.35
>shares not transferred to our FUCKING brokerage accounts yet
>trump tweeting anything could wildly change the price in an instant
AAAAAAAA FUCK YOU MERRIL LYNCH YOU CUNTS GIVE ME MY MONEY

>>15275591
>dip
If we're talking the SP500, its up 20% YTD. If we ignore the dip that happened Dec 2018 then its almost perfectly aligned with the end of 2018 minus that dip, so steady rather than dipping.

Historically the SP500 moves between +40 to -40% with an average of 14% per year. So you're not in a dip.

>>15275584
Every day is Caturday!

>>15275634
So is this return to normal or return to the mean

>>15275584

>>15275526
As much as people like to say that everyone purchases all items through Amazon, that's not reality. Just over the last month ODP has lost about 1/3 of its share price, which at about $2, was already a cheap valuation. In that same time, nothing has really changed as far as what was known about the company's performance and future prospects. Either even the cheap valuation a month ago was too high or the valuation now is too low. I think the latter.

plunge protection team is full force today

Pathetic "pump"

ACB +6%.. good job shaking me out market maker cunts. if we can hold above 6 I'm bying back in

>>15275744
>he bought back in
>dump it

>>15275634

This.

December was the multi year dip. Where we are now is 6% off all time highs, highs that have been rejected 3 times now over the span of almost 18 months.

The market needs to make a convincing move above the ATH for a bull market to continue, what we're experiencing now is more akin to stagnation.

Be very careful everyone, no matter if you're a bull or a bear. These markets aren't stable. They are completely headline driven, moreso than at any point in the last 10 years I think.

yields pump market pumps and dumps mean dump. trumpster should raise rates to healthy 3-5% range if he wanted booming stock market, same goes for europe and japan instead they kill their market and bonds with going the wrong direction

>>15270661
This

Up on all fronts r/n guys. SNSS, GALT, MPLX, all up. PESX also up 22% but I don't care until it gets re-listed.

>>15270661
its not that kek
huge buyers stepped in yesterday and even today

seller got rekt at close and ON hard too
there some reason for see optimism

Theres effectively infinite resistance at 28$ for AMD. The buy curve is bullish as fuck. If your not DCA into this you’re basically throwing money away.

>>15275768

>high volatility stock sold
>not allowed to place any buy orders for ANY stock until tomorrow
>missing the dip on a stock

Well so much for one of my stocks that is going down even more that I'm trying to dca just in case it bounces back up.

>>15271277
holy heckies kek
am this why eat 2 pounds of cheese cake every time super profit

me cheese cake factory not nearly this dolled up
but did notice they have weird symbolism O_O

they closed down and now family owners own cheesecake place but they kept alot of weird paintings for gothic furniture

i dont understand who is buying GE with size here after the report.

>>15275873
It's come out that the way the report on GE was released and the circumstances surrounding the release may not be scrupulous.

>>15275672
Valuations are in line with long term averages, there is neither a major dip or boom in markets.

Its kinda funny really. All the media going nuts over recession/booms and really we're all just slowly plonking along as usual. Had it not been for Trumps war right now it would just be

>>15275873
probably the fund that markopoulos works for covering their shorts

If NQ keeps pumping I'm gonna go out big today. Roughly $30 every single tick, SL at 7552

>>15275873
It's algos buying support/resistance and shit, without it the market would just collapse.

Wanna throw 200 on a gamble, what is extremely volatile and has a chance of mooning today?

Market crash imminent, the stars have aligned and satan is ready to unleash himself upon us. My model doesnt lie

what just happened :O.....

What does it feel like?

>>15275971
Just when I fucking pressed the "post" button it mooned, SL now at 77. Kek'd.

Boring day desu.

Wake me up when China starts some shit.

>>15275971
>>15275997
1.5k profit, cya boys on Monday. Let's hope AMD gap fills today, expecting 32 but who knows.. might happen next week

>>15275971
algos are programmed by quants. they had time to adjust to this black swan by now.
>>15275938
still seems risky to buy with size here. either insider knowledge that the report is false or some secret plunge protection team.
It's like enron, there were people buying all the way down to 0.

>>15275978
Soxl will be back at 200 eventually its at 145 and up 5% today though

So I've saved up a decent amount of money (15k), and am going to get into investing. I plan to invest 10k in index funds for steady growth, and use the other 5k for other, singular investments. Could anyone give me some advise on what sort of index funds to look for for long term growth?

CLDR with the evil gains... Happy Friday anons

>>15276106
If you are looking for long-term growth, put your money in a tax advantaged account.

uhhhhh
moshi moshi, why we pumping

>>15276129
>tax advantaged account
You think something right a roth IRA would be better than personal investing for that? I was interested but not being able to take money out until I'm super old seemed like a downer.

>>15276126
I told you fuckers, today he cometh
>>15275979

>>15276154
Only trannies and eunuchs thought this market would continue dumping. The recession thing was completely fabricated.

if dubs TLT closes below $140

>>15276188
Witnessed.

>>15275564
this pump so hard for watch @_@
must... not... think.... of.... what-if money....

imagine betting against the government of the united states of america

sure hope you boys bought glyc yesterday

>>15276220

>>15276220
Imagine betting for the markets that's being levitated by the printing machine with no room to maneuver without causing an inflation.

LMAOing at the retards who didn't HODL

>>15276245
>the printing machine
have you seen bond prices? we've been fighting deflation for 10 years, and are still doing so.

inflation is dead.

>inb4 shadowstats

>>15276247
Enjoy Hodling while paying the banks to lose money.

>>15276259
Have you seen the yields from these bonds? Why would anyone buy them? This scheme is reliant on the greater fool theory. In this case, we're clearly subsidizing the zombie corporations by abusing central banks.

Face it, it's going to be a Japanfication for Americans.

>>15276260
>while paying the banks to lose money.

What did you mean by this

>>15276259

Inflation is dead? Have you seen stock valuations and real estate?

Price inflation was dead because you pay your workers dogshit thanks to the flow of 3rd world illegal/legal labor, automation and cheap imports from China.

We will see what happens.

>>15276287
Anime was a mistake

>>15276287
Negative bond yields means that the banks will require people to pay to save their money. Check out how it works in Japan.

NO NO NO NOT MORE INFLATION AHHHHHHH

>>15276259
seriously tho
we in huge deflation crisis

it crazy most people not see this x_x

USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA USA

>>15276286
>Why would anyone buy them?
they don't want to buy them, they have to - to protect their wealth. not average joes of course, but people and institutions with real wealth.

>Face it, it's going to be a Japanfication for Americans.
perhaps. they didn't have inflation problems, even having debt 2x their gdp.

>>15276330
Geez what a great plan. Plunder the pension funds by legal powers or have everything crash and burn anyways.

>>15276324
Money don't care about jingoism.

>>15276362

fuck off commie

>>15275620
caturday was a /b/ invention. You can blame /b/ for lolcats and stupid shit like that too.

>>15276062
I sold at 35 and bought back in again under 30 feals good man

>>15276389
We are clearly observing the capital markets' contradictions being materialized and you're still defending this piece of shit? Just short it and move on. No need to get emotional about it.

>>15276400
lolcats were pretty based. Look at this cute lil feller

>>15276259
yes you too dumb to realize lowering rates do not work

>>15276315
this is true. trump should raise rates to healthy range and save usa. they cant save world (countries with large amounts of sovereign debt) anymore long term it wont work anyways

>>15276436

>t.salty bearfag

WE MOON

>>15276473
I'm not complaining about making money off dead cat bounces. I just added some fresh volatility calls to my portfolio today.

LCI about to flag up..

>>15276462
animals in general are pretty based.............

Could see 2920 by close

AMDCHADS RYZEN THE FUCK UP

What should I spend my $10 dollars on, guys?

>>15276590
lunch

>>15276590
lunch

>>15276590
ketchup chips

>>15276590
buy as much CEI as possible.. hold it till maybe wednesday.. if nothing happens.. get rid of the turd...

should I accept a job offer at Facebook or Tinder, /smg/?

next entry for TVIX? my guess is 17.20

it’s going DOWN AHHHHHHHHHH

>>15276641
>>15276590
if you get in CEI just start chanting
>CEI
CEI
>CEI
CEI
>CEI
CEI

in every thread..

SEADRILL

HOLY FUCK

>>15276684
Cum eating instructions

>>15276590
F

>hes not holding ACB

lol

>>15276764
is that the first thing that came to your mind?

>he didn't buy the free money dip

many such cases, very sad

>>15276803
Yeah, I don't know what else CEI would be

SPY breakout inc

>rejected

Palms are sweaty, knees weak, arms are heavy, there's vomit on his sweater already. MOMS SPAGHETTI

>>15276799
i am though you brainlet

>>15276298
wait till the gov starts handing out free money to the underclass, they will get the inflation they want of course it will ultimately be the end of society but nothing lasts forever

S&P will go to 10000 btw when the real inflation starts going, of course bread will be $50 a loaf

Sorry T baby, I bought an extremely OTM put spread for when we're red again Monday because the Chinese are going to retaliate over the weekend and we'll plummet back to 2840.

>>15276590
lunch

>>15276799
>hes holding canopy (overpriced) not ACB
lol

what’s a t baby

>>15276892
Transgender child

>>15276799
>>15276888

canntrust not even here. theyre done

>>15275528
already +3%... still have a huge buy signal here but there is this report... dont know if i should add to the position or not

>buying GE
LMAO! 0 growth company

if you dont buy acb while its $6, youll be kicking yourself during the fall when earnings report

>>15276931
I dont care about fundamentals (it pumped 8% today) i trade quant signals but this report...
>>15276934
i want to see a few daily candles above 6.1 before going back in

>>15276957
>before
lol. enjoy missing the dip

>>15276957
What do you think about a GE $9/$10 long call spread with a 9/20 exp?

>>15271572
10mm glock 20 and 29 for ul

>>15276915
No, really?!

CROX going back to $30 btw.

>>15276977
>cronos
LOL. overpriced
the cannabis market belongs to ACB. canopy is half their size

todays the lowest acb will be. they just doubled their credit from 200 mil to 360 mil yesterday.

meaning the underwritten report is showing some delicious numbers.

enjoy your low volume meme stocks like LCI

>>15277007
can't we just keep weed and cbd illegal.

Why hasnt GE solidly refuted the report yet?

>CEI
CEI
>CEI
CEI
>CEI
CEI
>CEI
CEI
>CEI

>>15276969
i dont care buying back 2-4% higher.
>>15276974
i dont trade options

one thing thats nice about GE are that they pay dividends

>>15277042
>i dont trade options

can i get out of lci yet?

>>15277087
no. another moon possibly

>>15277087
Only strong hands allowed in LCI.. cant have any weaklings holding on when we make our run to $60

LCI to $60

Prepare your ducking anuses. Bulls are running out of steam.

>>15277111
>>15277114
i have limits set at 20%, 30%, and 40%

Odds are in favor of a LCI dump next week.

So on Robinhood, if a company pays dividends, does it deposit it to your account or does it go towards buying more stocks in the company?

OH YEAH. IM THINKIN. WE'RE BACK.

I TOLD YOU ALL THE CRASH WAS FAKE AND GAY. I FUCKING TOLD YOU.

EXTREMELY BULLISH OUTLOOK FOR NEXT WEEK. GOLDEN BULL CANNOT BE STOPPED. NEW ALL TIME HIGHS WITHIN A MONTH.

BELIEVE IT!

>>15277020
durr

https://www.cnbc.com/video/2019/08/15/ge-director-leslie-seidman-comments-on-fraud-accusations.html

>>15277198
Account
RH doesn’t offer DRIP or fractional shares

>>15277200
yep. sell the naruto posting.

>>15277200

>>15277087
how did you get memed this hard

>>15277087
sell LCI - buy acb

>>15277218
SASUKE YOU STUPID FUCKING BEAR IM TRYING TO HELP YOU

$VIPS

>>15277222
>memeAccount.jpg
believe in the memes

Has anyone here invested in developing countries and can share their experience? I want to help the homeland and feel I can through investing. What can I expect?
>inb4 what country

NEW

>>15277245
>>15277245
>>15277245

>>15277200

>>15277087
Based and NBRV pilled

>>15277204
"this is not the GE I know" isnt enough. She also wouldn't deny that her predecessors weren't committing fraud

>>15277293
ZOOM OUT YOU ZOOMER

>>15277310
good point, zoom out and you'll see that all markets eventually end. boomer.

Given a background color b where b.R, b.G,b.B are the red, green and blue channels with the range 0-255. What are the best suited r,g,b values for the font color?
Pls help. I need this for my algo.
255-b.R...doesn't really do it.

>>15276994
>cronos

No anon, Crocs, the shoes.

>>15270093

My dad is wanting to invest some of his retirement money and is asking me for advice. I know literally nothing of investing. He wants something he can buy and sit on til he wants an expensive toy in the future or something, I'd imagine. I suggested something in security since it seems a safe bet with all the shootings and what-not in the US that a lot of businesses and public areas are probably going to be investing in tightened security for big gatherings and shit but I don't know specifically what companies to invest in. Any idea where to start for this? he doesn't even have a broker or anything just expects me to shit out answers to his investing inquiries. Help a brotha out?