/biz/ - Business & Finance

gay reddit thread

FUCK THIS MARKET

comfy check

time for weekend boringness no pump and dump america economy

I am buying so many VIX calls if this pump continues Monday

Monday mornings gonna be fun. I can't wait lads

I'm in positive in this week, cuz I'm not a retard (unlike some of you)

>learning more about investing from a mongolian basket-weaving forum than all my years of education

why number go down

>>17615443
faggot r*dditor, reporting in!!
>>17615425
autistic weeb and/or tranny OP, reporting in!!!
>>17615443
gay frogposter, reporting in!!!!!!!! :3
>>17615463
4 figure account nigger who made $300 this week, reporting in!!!!!

>buying """cheapies""" when a recession is looming
Alright, enjoy your bags. The real macro play here is to wait until corona retardation is over and buying leap puts at low IV.

Is it true GALT will be purchased for $40/s?

jesus christ, this market

FED BAD
BEAR GOOD

>>17615475
'mirin his ring

BLOODY MONDAY IMMINENT

>>17615481
You done got dunked on by a tripfag, my friend. Next thing you know, you'll be telling me you bought SNSS due to the shilling of a convicted felon!

>>17615504
This is what low IQ <85 think.

Go donate to Comrade Bernie while you are at it.

you guys told me it was a gonna be a bear market, why are the numbers higher?

>>17615522
Galt is a good stock you dumb faggot.

>>17615434
makes sense, thanks bro
whats wrong with doing weekly options trades though? I've got a few that I plan on holding for a while but I mostly do really short term trades

>>17615483
It is total market manipulation and its being held together with shit and dollar store glue.

>>17615525
It still is a Fucking BEar MARKET YOU cUCKING DUMB FAGGOT!!!!

FUCK RUSSIA

>>17615547
Don't talk shit about duct tape or glue, it's what holds America together you dumb nigger.

>>17615525
Its because I bought puts.

>>17615470
because you touch yourself at night

>>17615537
Yikes!

>>17615553
Recession is canceled, it's smooth sailing from here up to 3500.

>>17615525
Crab market.

>>17615539
You could get cucked being a retard nigger.

>>17615575
That's a buy signal right there

>>17615553

>>17615572
proof it

>>17615569
I didn't mention duct tape your fucking mongoloid.

guys please help a newfag in his first trade

I'm convinced that the oil price won't stay like this for long
so is it a good thing to buy long ETF on oil?
because sooner or later it will go up for sure
are ETF for long term investment, can you keep them for a couple of month or something can happen?
thanks frens
I think I could make a 20% easily this year only with this if I have patience
what the worst thing could happen
pls r-respond

Should I buy now or wait until Monday to see what happens to the market?

>>17615576
No the market is crashing with no survivors, everyone who disagrees is gaaayyuuuuee

>>17615592
I know what your search history looks like

>>17615594
It was implied you uncultured anti-American swine!

>>17615604
do it, buy now lol

SNSS IS GETTN TOO MUCH MONEY
ERRRBODY MADD
SNSS IS GETTN ALL THE CUNNY
ERRRRBODY MADD

SAME OL NIGGA FRM THE BLOCK
SAME OL NIGGA WTH THE GLOCK

ERRRBODY MADD

>>17615620
h-haha

>>17615595
Follow the trend short the oil.

>>17615604
Buy now, regret later.

>>17615592
>giant unexpected rate cut
>bernie not nominated
>market barely goes sideways
>virus about to go exponential
>massive corporate debt and overvalued stocks
proven

>>17615624
I will have you hanged by the neck you insufferable street urchin.

imagine buying a bear etf right before the pump

>ANON!!!
>CORONA DIEE DIEEE DIIEEEEEE

>>17615584
>z-z-z-z-zoom out!!!!!
ok

>>17615649
your stupid

>>17615523
this is what IQ<130 thinks.
>being so much of a blind trumptard that you assume nothing bad can happen when he is president
>basing your market predictions on political biases

>>17615443
super comfy, no options, pretty balanced portfolio with all my favorite companies long and offsetting index shorts.

>>17615525

>>17615666
fucking checked and kekked

>>17615649
Listen to this king. Always do the opposite of what gov shulls say.

>>17615595
NO. Wait for sub 35 then start cost averaging. Fucking ruskies told their non-opec pals to pump as desired after April 1st. So now it's Iraq, Russia, and Kazakhstan disregarding OPEC's wishes completely. The Saudis can stick to their cut if they but they're screwed with this pitiful global demand and the Russia crew churning the mud water out full blast. It's really bad. You're better off in cash until this gets close to the 2016 low.

>>17615666
It can't possibly go any lower. Don't miss out on the pump

Who else here cashed their puts before the EOD pump?

>>17615672
fucking based and not retarded degenerate gambler

Not quite yardsale enough to buy in again, not quite tendie enough to sell off. Start weekend, mow lawn.
Why must I hold all these bags?

Alright boys, done a little research into a bio meme called Innovate ($INNT) and thought I would share my findings.

$INNT is the first company to ever have a drug for celiacs disease hit phase 3 clinical trials. They started the trials last August with 600 patients, double-blind, and placebo controlled (based as fuark). Celiacs disease affects approx 3mil people in the US alone and as of right now has no definitive treatment outside of just avoiding foods with gluten. Aka this is a vast untapped market.

Seems like their celiac drug is the only thing in the pipeline, and they have a letter of intent to merge with a biopharm corporation called Naia. HOWEVER, naia is only developing 3 novel drugs for a rare disease called short bowel syndrome which only affects ~3000 of the US population. Most of their drugs are given orphan status by the FDA meaning they’re practically doing charity work and won’t be making much money off those. With all this is mind, INNT only has about 8.5M cash on hand and their most recent earnings report from last fall had 3.1M loss for development and 3.0M loss for admin stuff. So they don’t have much cash on hand AND they don’t really have any products to turn over any extra profit. They also said in their last earnings that they were trying to avoid dilution to generate cash but I don’t think that’s gonna be possible. Phase 3 set to end 12/01/21 so they’re def gonna have to do a split. Release some good P3 status results, let it pump a few bucks, then dilute dilute dilute.
Currently the price is 18 cents above its 52y low of $0.40 and well below its 52y high of $4.32; do with this what you will. I opened a babby position of 250 shares cuz why not.
/blog
/redditspacing

>>17615595
I'd wait at least a month. Only way oil price goes back up right now is if OPEC comes to an agreement (which they haven't) or the coronavirus gets solved overnight.

As long as the coronavirus is around and disrupting economies, we are not going to see a rebound. Better prices can be had by waiting if you want a long term investment.

>>17615443
/cash/ reporting in

>>17615697
I gambled with puts enough in the past three weeks to be way ahead for years. Don't wanna gamble the last 2/3rds of a crash down, best to hit the start and for sure portion.

>>17615691
ok I undestand what you say and timing is important
but in theory.. even if someone buys now a long etf.. ok he may go red for some time but in the end in some months he will start to gain for sure no? so it's just a matter of time and patience, or am I missing something? like, do you have to pay something to keep etf in your portfolio? I'm the noobest sorry

>>17615668
My market predictions are by whether or not who is in charge of the FED is JEWISH which makes my predictions a 100% correct and kosher.

>finish good trading day
>go to bed
>multiple helicopters passing my house
>haven't left my house for 2 weeks
i-is it really THAT bad right now?

>>17615727
CASH GANG RISE UP!

>>17615693
Basically this, fed will print as much money as needed to keep dow around 25k. Invest now.

>>17615633
The only reason I like SNSS is because I can buy $10k worth on any given day and sell it for a $1k profit approximately 15 minutes later, precisely because it is such a garbage pajeet company.

>>17615665
Hello,

thats you're, actually. Have a good one.

- rob

>>17615708
thanks to you too friend

do not question the pump
do not ask "why?" or "how?"
just know that it exists

>>17615738
where do you live

God I fucking hate boomers

>>17615747
speak english u spacker

>>17615738
that's the incoming helicopter drop of currency to save the markets

>>17615704
You dumb nigger, the only definitive treatment for SBS is an instestinal transplant. There U.S. waitlist for bowels is like less than 12 people at the moment iirc. Shoo shoo pajeet shill!

Did the Fed say they were cutting again?

>another loaded to the gills container ship chugging by my balcony towards the port of tacoma
tell me again about the supply chain crisis?

>>17615770
and floating buying stock

>>17615758
and they hate themselves for breeding such a worthless generation of incels

>>17615708
>Only way oil price goes back up right now is if OPEC comes to an agreement (which they haven't)
I don't see how. This should have been sufficient bearish pressure on the price to persuade Russia to agree to OPEC's cuts. The fact that they just flipped off OPEC, took ball, went home, it worst case terribad. Oil isn't going to be suitable to long until manufacturing and trade are climbing back to pre-Corona levels.

I'm just memeing btw, fuck tripfags, buy TMDX and if you don't have positions on the major indices hedged in both directions right now you're simply not gonna make it. Those are my only opinions on any matter.

You know we’re bear when even soxl shill has left the market

>>17615770
>>17615779
Yeah basically if you didn't go bull knowing the fed was going to save the market you are retarded. Back to infinite bull country.

When is galt data?

>>17615784
this is some subtle marketing on their part desu

>>17615774
If China melted into slay tomorrow the rest of the world would take up the slack

>>17615733
You can average your way in now if you wish but go slowly in small increments once a month. Do not all in. There is no penalty for long holding normal unleveraged etfs.

>>17615477
What is considered a "low" IV?

>>17615800
This is what below 85 IQ trumpftards believe, fuck3m

>>17615443
Feeling pretty /comfy/ with my SNSS fren

>>17615803
thank you very much, actually this is exactly what I will do
one last question please
>There is no penalty for long holding normal unleveraged etfs.
on the other hand, if you buy one of those leveraged x2, x3 etfs, what happens? you can't keep them for long

>>17615784
>buy TMDX
why?

>>17615525
Because 98% of the posters here aren't any smarter than you are.

>>17615733
well, probably at some point, but is it the best possible investment?
I've never been a big fan of commodities myself so I don't want to give uninformed advice either way but it's something to think about
>do you have to pay something to keep etf in your portfolio
your expense ratio should be negligible with normal ETFs

>>17615824
Fuck off back to stocktwits, depressed tranny

>>17615604
>buy now
>5PM EST

The state of biz

>>17615834
Why not? Are you gay?

>>17615824
THE LAND OF THE FREEEEEEEE

POST HAND, MUTT
I WISH TO KNOW HOW BLACK YOU ARE

>>17615780
>let the TV raise your kids
>be disappointed with the results
eh
we're all fucked
explosion of the sun when?

>>17615761
based
HK already did it
I want my "stimulus" neet bucks!

>>17615849
The FED just fucked /biz/s brains out with its circumcised cock

>>17615849
This is bait right?
>>17615834
Look through the archives for tmdx, it’s 70% me drunkposting about it

>>17615849
you can buy after hours my guy

>>17615843
thanks to you too
no I guess it's not the best investment, but I'm a noob and I'm just looking for something easy and kinda sure
anyway I will wait for lower prices at this point

>>17615765
Did I ever say anything about their drugs treating SBS you assmad goofball? Their drugs are pharmaceutical therapeutics for people with the disease. They’ve developed medicine that can increase the serum half-life of GLP-1 therapies (which increase gut motility) reducing the need to take said therapies from once a day to only once a month. Eat shit, no pun intended.

>>17615880
>Wow look at me, I'm special! I can buy after hours

>>17615816
Disprove my assertion
China sells slave labor, any country can do that, the only real disruption would be to rare earth metals (the only commodity they have a strangle hold on)

>>17615901
Ok, sure. Stop watching Alex Jones and reading zerohedge

>>17615901
try running factories in africa

chinese are perfect assembly line workers

>>17615595
hory shet, that ID

>>17615899
quality post, retard

Please to be buying the SNSS sirs

>>17615901
>any country can do that
nope, not anymore anyways.

>>17615896
Yikes bro, you sound like you’re an RN at best, and probably a Filipino one to boot.

>>17615901
The whole world more or less runs at full capacity 24/7.

>>17615595
Trying to trade oil is the easiest way to lose money. It's the defacto gold of our modern world: the one asset every country needs to run. It's produced by and stockpilied by every group of country (west vs east, IMF countries vs Iran, USA vs everyone else). It is the most complex asset out there.

Say you had a prophetic dream that next Friday all within an hour we will see a terrorist attack on a pipeline, all SA princes get ball cancer, and Walmart comes out with a line of affordable breeder reactors. You still wouldn't be able to trade it. Oil prices are arcane .

>>17615815
Something that isn't above the average for a given stock. Right now every single stock has above-average IV, it's a seller's market. Trying to escape that IV crush over a long period is not easy. Short expiry options are kinda worth buying now because they have low vegas, but leaps are completely out of the question until volatility calms down.

>>17615929
is he a pumpkin

GUYS WHAT DO YOU THINK OF MY TA?!
I TOTALLY MADE THIS (I stole this btw and definitely didn't make it)

What the hell is a Pivot point?

>>17615459
Uh which VIX? There seems to be 6.

>>17615951
so THAT'S what a cup and handle is supposed to look like? Pretty shallow cup (4 u)

>>17615912
>>17615916
Nice try chankoro

>>17615946
Nah, it's pretty simple just long GOOG to short oil

>>17615946
ok I understand this in the short term, but let's say I wait for the 35$ or something and buy an unleveraged long ETF.. and I keep it there, because I don't need those money now.. it seem impossible to me that, say in a year I didn't gain something.. or in 2 years then..

>>17615951
i too can draw nonsensical lines

>>17615832
2x and 3x tend to decay over long periods of time. 2x isn't bad but 3x should be avoided if hold period is expected to be 6 months or longer.

There's enough volatility on oil incoming to make leveraged positions unnecessarily risky for a cost averaging strat.

>>17615870
image source around 17:27
https://www.ohentai.org/detail.php?vid=MjI1NQ==
decently censored

>>17615993
get it, thanks friendo

>>17615951
Are TA fags actually just schizophrenic?

thought of the day: wish I held my scp POOL

>>17615938
EMT
Also kill yourself

>>17616003
Note that the 2016 low is mid $20's. It's possible it will happen again.

>>17616019
EMT is literally a 4 week program in my state. At least Paramedics need 3 or 4 semesters of community college. KEK!

How come everything I touch just turns to shit. Even my free GME calls are down on the day.

>>17615951
>What the hell is a Pivot point?
It's the low or high price leading in to a trend reversal. You won't know a pivot until after the fact and reversal occurs.

>>17615899
based retard

Hey Nigger faggots, if you normalize equity returns compared to GDP growth over the past 80 years, then the S&P isn't even projected to provide positive returns until it drops to 2,100 at minimum. Solve that one for me really quick yah queers.

give me a list of stocks you think will go up next monday

I want to make a watchlist for next week

>>17615951
Oh no
Oh no no no no no

>>17615958
Pick one. You can't buy VIX itself, just etfs. I prefer UVXY

The weekend is my only solace from the absolute butt blasting I've been taking for weeks now

>>17615901
>>17615945
Muh dick runs full capacity 24/7

>>17616045
feds browse this general, dox us, get our positions and then fuck us

>>17616060
The value of money is completely arbitrary and will be manipulated no matter what happens

>>17616061
all of them. monday is pump, tuesday is dump.

>>17616063
>Oh no
>Oh no no no no no
What did he mean by this?

>>17615950
I kek’d

>>17616082
So inflation? That would show up in GDP too, so growth in GDP would return those valuations to normal price ranges.

Next nigger faggot with an answer go please.

>>17616060
>he fell for the gpd-stock price meme

>>17616091
I think that it will continue to crab until there is a) a dump or b) a catalyst to return to normal

>>17616112
>he doesn’t know

>>17616134
I wanna vote for hilltron. She sounds bad ass. Does she transform into a robot?

>>17616119
You compare to GDP for baseline growth expectations only. Also the willshire buffet is a great indicator and you sound like a degenerate gambler who won't have retirement saved.

Next nigger faggot please

>>17615980
ok so you aren't looking to trade but invest. Gotcha.

The problem remains though. You are betting against eldritch money goblins.

The main principle of trading or investing is that you are leveraging hidden knowledge or expertise. You are a bouncer at a strip club. You notice that this year all the girls are wearing yoga pants. You buy $LULU calls next earning.

That guy leveraged some information that not everyone has access too. Sure, wallstreet is working on bots to skim instagram and hiring satellites to observe retail parking lots to trade this type of information but possibilities like this still exist.

You will never have this advantage with oil. Believe it's cheap? Great. Find an ETF. That ETF is priced very efficiently. If you are right (IF) then you will make money. Not very much though... not at least compared to trading in an area that you understand better than the people you are trading against.

I bought 10k Nvidia to long just before the market close pump, now I want out. I am not looking forward to Monday.

rightside bunny ear confirmed
bagholderextreme shorting market confirmed
Golden Bull starts next week

>>17616152
Get off my dick glow nigger

Next nigger faggot, keep em coming.

>>17616173
probably not the smartest thing as NVDA will stabilize in price in the next 6 months.

Off topic but you guys are the only people I interact with on a daily basis, as depressing as that is. I recently quit weed and now I'm slowly sinking into alcoholism . How the fuck do I enjoy life without altering my brain I work a miserable job taking care of retards and I'm struggling to cope

>>17616181
You’ll never get an answer with that attitude. Stay poor.

>>17616181
>t. acting senior special agent glo e. nygaar

>>17616208
Based aristocrat dabbing on the unwashed plebs

>>17616167
yes I'm looking to a place where to put some money till I buy a house
considering how much I could gain with bonds I guess this would be a good alternative
however I understand what you say and I agree
I don't need much, a 10-20% in 4-5 years would make me happy

>>17616208
I know the answer nigger faggot, it's that you should be adjusting your duration and expectations extremely far out if you want any return at all. Alternatively hold in cash because who the fuck wants negative returns and 30 years of high equity risk in a bear market. I'm seeing if anyone has a better answer.

Next nigger faggot go

EXTREME FEAR

Low returns.ppl are.so mad today

Guys... is DIX a meme? I’m about to buy more stocks...

>>17615249
You did good! Buy low sell hi!

I just realized my KO buys didn’t go through, only the call ;_;

>>17616167
LULU has a major mall presence, doesn’t it? And it relies on women wanting to go out and be seen? I wouldn’t bet against them, but they could take some damage from all this.

>>17616203
Learn to ride the line with a high ABV beer you dislike the taste of to moderate your alcoholism, drink and develop a skill you can engage anywhere like playing an instrument, eventually the skill will overtake the alcoholism.

>>17616228
Yeah, you definitely don't make as much money as me.

Next nigger faggot please

>>17616201
But what if it moons?

>>17616223
F&G index, DIX, Cramer’s shit the other day, a lot of meme indicators saying now’s the time to be buying not selling...

>>17616255
The market is fucked. It's just a bear and bull market fucking each other into infinity.

>>17616181
It's real. They all have the same naming scheme.

>>17616203
>>17616272
Also, you make the decision at the store, not the fridge. If you live with this in mind you will give yourself more opportunities to stop yourself.

>>17616274
Post hand to confirm you’re white and screenshot of your portfolio or gb2gaia newfag kek

>>17616289
this guy came directly from WSB
will any market makers allow me to short 4chan?

>>17616223
Recovery bounce will be baller but i don't see it happening until the low from last week is tested and holds on high volume. If it breaks... i dunno, another 15% down? 25%?

>>17616203
Take an all expense paid trip to Maldives

What if this sperg with the anime girl pics is Jerome Powell letting off steam guys?

>>17616255
>weekly candle closed green
What did he mean by this?

>>17616266
No I'm not saying to invest in LULU. I was giving it as an example of leveraging your knowledge to make gains in an "efficient market"

That's a true story too. Guy made a killing.

My point is that oil is the MOST efficient market and how it is priced is a matter of geopolitics and arcane money math that it is THE WORST place to start for a beginning investor.

Can you tell that I started with oil plays?

>>17616296
Bretty sure that’s a pre2009 meme famalam

>>17616306
It's Elon.

I hate this market. I want to be a bear but the FED, gouvernments and already huge drop made it hard to join in.

I wanna be a bull again.

[sigh] has corona been priced in yet?

>>17615525
Last second FED pump

>>17616203
>>17616300
This
Take a break from stocks for a while and treat yourself.

market sucks, virus is surrounding my state now (both from the north and south). People from here are flocking to Tennessee to help with the tornado cleanup. Just a mater of time now.. God this sucks. just waiting for the mass panic to hit and you know everyone gang rushing the Kroger(s) and Walmart.

>>17616323
The time will come.

>>17616289
Here's a reit I have open already, now fuck off poor

>>17616296
WSB is for retards with no money.

More nigger faggots, keep em coming

Predictions for monday?
If we get few cases in the US I see it being a nice green day

Wait a second. We closed green this week?
WE CLOSED GREEN THIS WEEK?

https://twitter.com/elonmusk/status/1236029449042198528?s=20

Admit it, you'd be afraid to short tsla after this.

>>17616352
the free market has decided

>>17616351
>monday

>>17616348
You fell for really transparent bait, newfag pajeet. This one is going in the old cringe compilation.

>>17616338
Inshallah
Im taking a nice break now and enjoy some travelling instead. After that bull 2019/2020 thats well within range. I will come back to trading when its not fucked.

>>17616348
>~70k
>even slightly wealthy
lmao

ATTENTION BEARS:
YOU ARE ALL FAGGOTS IF YOU DIDNT MAKE A PLAY ON THE OIL COMPANIES TODAY

I asked you fucks what else was highly leveraged and likely to fail besides CHK, and none of you could think of FANG? It was barely down at the open. Could have made an easy 12-13% WITHOUT leverage from puts.

And you fuckers get all smug about your daytrading? Shit.

>>17616299
Wasn’t low on the index hit? I got alerts that some things like SPYD hit 52 week lows or something.

>>17616378
Post up or shut up nigger faggot plz. Portfolio and WHITE hands, where are they?

>>17616351
More boomer panic, more selling at the bottom, more people somehow caught off guard when cases start spreading in the US.

The money has gone beyond dumb, the money is completely braindead retarded at this point. Can we start pricing in the recovery yet? Are we done with this fucking virus? I doubt it.

>>17616348
You’re that SNSS tranny, aren’t you?

>>17616387
Not all of us keep our assets on robinhood, that's just a single REITS holdings. I really don't feel like doing 2fa for our software just to show you all my portfolio, now fuck off.

>>17616390
>puts at this IV
I'd rather play russian roulette with 5 bullets.

>>17616397

>>17616403
Nope, I passively post actually good macro info here.

Next one

>>17616351
I dunno more bullshit. Snibby controls. Corona is annoying as there isn't a specific catalyst that will get people buying with confidence again. April earnings season is going be bad when the impact numbers become clear. Those earnings scare me the most.

>>17616412
>9 posts sperging out
Holy fuck dude

>>17616390
>Wasn’t low on the index hit?
Not quite. s&p low on Feb 28 was 2855. Today's was 2901.

>>17616436
My initial post had nothing to do with this, I'm just as happy to fling shit as the next guy since that's where you wanted to take it.

nigger faggots step on up please

>>17616040
Also have a b.s in biology mate lol but why am I, an anonymous poster on an anonymous image board, even defending myself against you, some slackjawed cuckboy looking to get a rise out of people

>>17616416
I said without leverage. You could have just shorted it and made that 13%.

>>17616462
Ooooof I guess that’s not close enough? Markets are weird thanks for the follow up.

So I may yet still have the chance to accumulate cheapies of COST, KO, VIG, BRKB, ABBV, and MRK!!

>>17616480
>bs in bio
>bragging about being able to be some chink PhD’s lab bitch at best
Yikes

>>17616368
The free market were the gains we made along the way

this looks healthy

>>17616494
lol

>>17616203
Honestly you should try to get a job you won't completely hate I'm in the same job situation and out of it in a few months.

>>17616477
>1 post by this id
What did samefag reddt-chan mean by this?

>>17616498
The market has corona.

>>17616510
gay

>>17616510
I'm going home after making money counter trading you. Next one

>>17616493
I just don't buy options with sky-high IV, even with low vega the shit gets crushed the second any stability appears.

>>17616496
>>17616351
>>17616331
>>17616300
>no censors

>>17616203
unironically find a passion in life to follow

>>17616060
So?

>>17616316
Exactly it’s trying way too hard.

Bros...I'm starting to feel a little weak and achy...

>>17616533
Nigga I’m saying I’m without options.
Just straight short selling.

Even with a 1% stoploss you’d have still made that +10%. It was a real steady fall.

>>17616533
You think we're gonna see any stability next week?

>>17616351
>Monday
you guys need to stop “investing”
if you are in this cancerous new wave leave now before you lose all your money in the intoxicating meme momentum

>>17616498

Monday will be a blueish yellow day

>>17616203
I dunno bro. You gotta try new things until you find something you like. I mean if weed and booze alter your brain too much, maybe cocaine will help.

>SXSW cancelled
OH NOOOOOOOOOOOO

>>17616588
We all have different time frames and different topics. Some boomers say anything under 10 years is gambling, some set that frame at weeks or days and for some that time frame is "monday".

I know what youre talking about but this aint it.

>>17616203
try some MDMA or LSD. unless you're a burger and get 25 to life for that sort of thing lmao

>>17616572
Buy MAIN and relax.

>>17616676
I dont know any of them.
Am I that disconnected from normal people?

>>17616687
>>17616203
+1 for this or mushrooms

>>17616701
if I had to guess from left to right, toni braxton, dr oz, bradley cooper, lena dunhams sister

>>17616701
really
you don't know captain america

>>17616493
>Ooooof I guess that’s not close enough?
It could be a higher low. Next week will say one way or other.

>>17616496

>>17616731
Oh yeah youre right, thats him. I saw him on movie posters and so on.
Looks completely different without the costume though. Never heard the name though.

>>17616747

>hurr monday
why the fuck do idiots think this isnt priced in? what the market cares about (and likely HASNT priced in) is how badly the impending demand crunch is going to effect forward earnings
the market isnt plunging 15% in a week again

>>17616747
That lewd expression with a pocky inserted into her mouth? Should’ve been censored.

>>17616731
hes a pajeet
in sri lanka

>>17616770
We dont know. Might plunge, crab or moon. Anythings possible now

>>17616747
What a weird and sad fetish/psyop

>>17616812
Bet on it opening low barring fed intervention.

>>17616572
I unironically am too anon. No joking. I have had this slight scratchy feeling on the left side of the back of my throat for a week and my nose has been slightly runny. Today though I started to feel queezy and light headed.

everyone has a huge stockpile of food and stuff right?

>>17616832
i have probably 6 months of food, doubt that is enough but it will have to do.

>>17616832
I have like 2+ months for a family of 5 and enough guns and ammo to protect it. Also 5 masks + goggles various other things like lighters flashlight batteries etc.

>have $3 put on INO
>INO goes up 40%
>I get a 160% return
???

>>17616832
I just pre-emptively got fat

>>17616937

Probably implied volatility. It goes up, higher interest in shorting it.

>>17616937
Impossible

>>17616969
It’s true anon I made a whole 16 dollars

Christ guys you think the dust bowl and the LA riots are headed your way?

I guess it could really be bad if we get hit by some really bad hurricanes and earthquakes while all this is going on. Actually, that shit happens all the time so it’s almost guaranteed.

But damn. If people are too scared of the virus to go to the grocery store I really doubt they’re going to try to break into your home and steal your Luxury Soups.

>>17616181
feds need to go back to killing militia members and leave the forever online weebs alone

>>17616832
No because I'm not a fucking schizo lol

i did my first options trade this week bros. put sell on at&t way otm, made 7 bucks

>Traders bet Fed will slash rates to zero by April
Is this why the market rised before closing?

>23 years old
>23% of my deposits go to QYLD
>23% goes to QLD
>every year I age QYLD increases ratio by 1% and QLD decreases by 1%
>age 46
>sell QLD all into QYLD
>retire early with massive passive income
>open my cat shelter I wanted while also managing an investment bank
Yup, gunna make it lads

anyone else /expatnon/ HOW DO I OPEN A BANK ACCOUNT OVERSEAS THEY ALL THINK I AM AN INDIAN SCAMMER

>>17617028
Nice, you just printed money from numbers on your PC monitor. Feels good right?

>Shell Launches 'She Will' Initiative for International Women's Day
>Shell highlights its commitment to improving gender equality
>-45.25%
I'm legitimately amazed at how much money they've lost me.

>>17617028
Gratz friend! I made my very first trade today aswell, and made a whopping $1.24USD.

>>17617066
also whats a /biz/ approved bank?

>>17616325
The market keeps trying, but the Fed won't let it.

>>17617071
dumb banana gremlin, back to fgoal with you

>>17617091
Marcus by Goldman Sachs

>>17616832
Freezer is stocked but no need for boog kit yet. I gotta half a boog kit because i'm paranoid under normal circumstances anyway. There are no confirmed cases within 3000 miles of me though.... for now.

>>17617091
HSBC, they're almost entirely financed by cartels, terrorists and warlords.

>>17616325
When you stop seeing damage control, it's priced in
>>17616572
Probably already got it and lived desu, was in Seattle for a while, a week and a half later developed a flu like viral illness, had it tested for influenza, wasn't it.
It felt like a rough flu with more respiratory symptoms. You'll probably be fine if you're young

>>17617091
my local bank with 6 branches that I will purchase when I make it

>>17617034
Friday has a lot of position closing, both ways, as people don't want to hold over weekend. Big volum, lots of shorts, lots of funds averaging in, etc. Not solely Fed pumping. It's not a reliable indicator of things to come on Monday in these conditions.

>>17617036
What's the % of qyld?

>>17617167
>Probably already got it and lived desu, was in Seattle for a while, a week and a half later developed a flu like viral illness, had it tested for influenza, wasn't it.

Glad you're okay. I eagerly await the "I have Coronavirus, AMA" posters

>>17617091
I signed up for ally recently, looks pretty good
not many fees, good interest rate, lots of features.

>>17617208
I made the switch to them after moving across country and leaving my small bank, I've had them about 8 months no with 0 complaints.

>>17616203
Stop being a faggot and begin lifting and stop trading with your emotions and coming up with excuses to indulge your vices. Go backpacking out on the wild high on mushrooms once every two months. We live during the age of the collapse of Rome and it's during this age nothing is better than being an Educated Barbarian

>>17617202
I'm puking, coughing, hurts to breath, haven't left my bed in 2 days. I have Coronavirus, AMA.

>>17616687
>>17616718
He was looking for shit that isn't going to alter his brain. Those are some really mind altering drugs man.

>>17617091
I don't know, an anon was supposed to go to all the different banks and tell us who had the comfiest furniture, and free stuff for the customers. He never reported back. Depends on what you want from your bank. I mean are you making deposits and withdraws. It's all about location and not getting fucked over on fees. If you're looking for a loan its about who's got the best rate. Honestly you make that decision your self, but shop around.

Really wish everyone hating on Cramer with "the bottom is in goyim" and shit would watch his Covid 19 coverage right now. bsasically just said Kudlow and the gov't is lying to us and out public healthh system is underfunded and will be overwhelmed (in some places).

>>17616000
fucking kek I just randomly found that one by reverse searching one of yours, and I liked that it looked like she had just quenched her thirst.

How'd you do that? You even found the time?

>>17615986
>>17616010
I uhhhh I like this trader
it's Sarge

>>17617241
Omg this market isn't even tanking because of corona.

>AAPL -$2.43 After Hours
>SPY -$2.06 After Hours

nice pump, fed

>17617251
yes yes the everything bubble you've been shouting about it for years now

>>17617259
What's down? I want to buy stocks and I'm not seeing anything.

also, see:
>>17617187

Finally got my tax forms from my broker. Lost $14,000 in 2019. Not as bad as I thought. My tax form is 48 pages though.

>>17616050
thanks
so it's basically useless like all memelines, and I an interpret it however I want to confirm my biases

>>17617202
i live in kirkland WA
I drank orange juice and ate chicken soup and now I am immune ama

Does this seem like a good thing to day trade? I was thinking about doing a trailing stop order Monday, am I retarded?

>>17617348
Was it pulp free or good old fashioned style orange juice? I just sneezed.

Bought some tqqq calls during the dump, don't make me regret this FED

>>17617495
simply orange medium pulp
bombay sapphire gin too

>>17617028
>>17617088
Well done frens
Soon you will feel the joy of turning 200$ into 1200$ with an earnings beat just like that.

>>17617028
good job anon
proud of u

>>17617348
Increase garlic intake.

thanks to the anon saying to buy boeing yesterday, I bought a couple and gained 3.7%

>>17617230
I still want to know which bank has best furniture and decor.

Why do you guys day-trade and get fucked?
Play the long game.
Build passive income.
Build actual wealth.
I'm looking to give my future family a nice platform to push up from.
Why are you concerned with just getting rich now?

>>17616203
have sex?

>>17615463
>>17615475
fuck I 4 figure account made 8 bucks

>>17617622
My only attitude is play as good as possible. In a game like this that just means doing okayish. Sometimes you have to take higher risk because the market is being so stupid, like the ATHs weeks into china shutdown on a pandemic.

>>17617622
>Why are you concerned with just getting rich now?
I wanna be able to spend my money while my dick still works. Don't see the point of stacking then dieing and not being able to spend money you worked for

>>17617622
We mostly swing trade here.

Normal "long term" boomer investing is a feel good meme by people who think holding through a -30% drop gives them some sense of wisdom. It does not.

>>17617622
Why would you care what happens after you die?

>>17617622
Nobody here day trades, it's gambling tier with options, cfds, certificates etc
Though I truly hope no fucktard here loses all their income on this instead of only some %

>>17617694
Why do you think the fruits of this labor would only be enjoyed after death? These are things that can be enjoyed while you live.

>>17617702
/Smg/ is fairly mild and conservative compared to "other platforms" really

>>17617702
There's a few people in here that "day" trades, as in trading with risk management and not scalp trading

>>17616351
depends on how the Council on Foreign Relations wants to spin the news cycle this weekend.

>>17617622
>Build passive income
Redpill me on this

>>17617773
>Buy stonks with high divvies
>Keep doing so until the divvies are a lot
>Keep holding the divvie stonks, the divvies become passive income, like a paycheck you don't work for

>>17617773
>get good kneepads and start sucking dick

>>17617773
Is there a redpill to be had?
Basically the idea is that through your holdings and investments you are gaining money passively.
As far as I understand, this is largely through investment dividends. Or maybe you do your trades but keep pushing your money into things with interest rates above inflation rates so that the money actually grows over time.

My strategy is mainly this: >>17617805

This is a path to freedom. A path above wage-slavery although it takes wage-slavery to do it.

>>17617805
How do we know what will provide the divvies?

>>17617773
invest in your mutual funds goyim,
its actually smart if you have a decent advisor that doesnt charge y ou a lot and you end up with 15k a year on interest and dividends alone from a 90-100k a year salary (by the time youre 60)

>>17617886
AT&T gives out quarterly.
So do many others.
Just research. You want to look for things that give out dividends on a regular basis.
Of course, by all means, keep a chunk to play the market's ups and downs as that can help provide capital to push into other things...
But you should ever drive towards building that passive cushion.

Nothing is guaranteed in this world, of course, but always look to institutions that have lived long and adapted.
Look to institutions that are positioned to take advantage of the next great things.

To make it blunt, avoid oil and old-school car companies. Avoid Tesla even unless you have the cash to ride that train...
look into things that are working with network backbones, look to things building circuitry.

>retards talk dividends without mentioning DRiP
yikes

>>17617965
why DRIP? why not get the cash and buy other dividend payers?

>>17617694
Maybe he’s not a nigger

How can we get the market to tank more? I want it to drop another 20-40% by July.

>>17617989
No. I am black.

Does this mean we're seeing -10% monday?

>>17617886
While doing your research look at the dividend yield.

>>17618007
you could use trillions of dollars to short the stock market, and buy US 10-year treasuries.

>>17617883
That's also my strategy, after SNSS

>>17617241
>How'd you do that? You even found the time?
saucenao.com gave the source of the image in >>17615870

>>17617622
>Why are you concerned with just getting rich now?
Because when I die, the world ends.

>>17618070
I don't have that sort of money so I'm going to find someone with Corona virus and have them lick everything on the subway in NYC in and around NYSE.

>>17617886
Check the dividend yield when looking into a stock, then also look up if it's yearly, quarterly, or monthly.

>>17617987
Dividend re-investment?
Well I mean, i figure that's a given.
Question is, do we do it automagically or do you do it manually?
Personally, I would prefer manually.
While the larger idea is to put into things that you don't need to worry about day to day, one should at least take a look when dividends drop to see their next positions and if anything NEW had shown up on the market.

Trends and technologies change. Not everything can/will adapt.

Of course you can try to be super safe and put it all into government bonds but the returns don't seem favorable for the goal.

>>17618075
and then you watched through it to find the scene? very dedicated
>the YES is blurred
pfffft kek

>>17617965
After I reach a certain dividend with a stonk I move the money on to another.

>>17618075
>femui that isn't footfaggotry
also interesting

Rate my div portfolio

ARCC
CNXM
ETO
LBDC
LMLP
MAIN
MRRL
USAC
USOI

96k / Yielding 13.6%

>>17618076
I have been to many funerals and I can tell you that it does not.
That's the shitty part about death.
The world doesn't stop for it. It keeps going.
Your death will be no different.

What I have seen with death is people depending on the person who died now completely fucking lost. Entire families broken hard from this.
That is not something I want for my family.
Financial/asset foundations is what builds a good family/dynasty.
America, with all its get rich quick promises, has lost the idea of wealth.

True generation-spanning wealth.
Really, the black community could be uplifted in 10 years if every get-rich-quick rapper or sports star would just fucking invest.

anyone else wish the stock market had achievements

like, 100 gamerscore: Make at least 100% profit off an option

>>17618160
You're totally fucked... Those share values are going to plummet and your actual dividend are going to shrink, but at least you can pay tax on the dividends before you have to write off the loss on the holdings.

>>17618087
Say you buy 4 shares of AT&T at $37 on Robinhood, the price rises to $40, you make your profit from that, and then you get a certain amount of dividends as stock in the company? Is that how it works?

>>17618205
Fucked in what time frame though? I've got capital to buy this all the way down & wait it out.

>>17618221
>https://www.investopedia.com/terms/d/dividend.asp

>>17618221
Depends on how long you held onto AT&T before you sold it.

>>17618160

Ok:
>ARCC
>CNXM
>MAIN

Naw:
>ETO
>LBDC
>LMLP
>MRRL
>USAC
>USOI

They about to hit 0% divvies bruh

Somebody make new. I'm busy.

>>17618160
A better trader talked me out of USOI and I sure am glad. Every time we think it can't go any lower... These commodity covered call etfs never seem to work as desired, but maybe that's about to change for all I know. I'm staying away.

>>17618160
>ARCC - ok
>CNXM - no
>ETO - boomer af
>LBDC - i literally have no idea what this is, looks like fixxed income
>LMLP - this thing looks like it's going to suck
>MAIN - this looks pretty decent... i might have to do more research on it.
>MRRL - this is sensitive to rates... should be ok if rates keep going lower
>USAC - oils so fucking kill
>USOI - shit....

You get a c-... in your chase for dividends you're going to lose growth.

>>17617335
Pivot isn't an indicator or anything like that. It's not something used for ta outside of junk like elliot waves.

>>17618327
Based off of what though? USOI is just a rebound play, not big money. The first four are ETFs that would require hundreds of individual companies to stop paying dividends for them to go to zero. And USAC, how do you have CNXM in but USAC out?

Legit curious, not trying to pretend my shit is invincible or anything.

>>17618249
>>17618327
To better explain, they will cut dividends or might dissolve (in which case they refund your money at the current price which would be very low). Expecially the oil and 2X leveraged funds. REITs MIGHT be ok, but might be shaky.

Big read from LMLP (these apply generally to these types of funds):
You are not guaranteed a coupon payment — You will not receive a coupon payment on a Coupon Payment Date if the Reference Distribution Amount for your ETNs is zero. There is no guarantee that the relevant Index constituents will pay any distributions during the term of the ETNs. Coupon Amounts are not interest payments; the ETNs do not accrue interest.
Potential automatic acceleration — In the event the indicative value of the ETNs is equal to $5.00 or less on any Trading Day or decreases 60% in value from the closing indicative value of the ETNs on the previous Monthly Valuation Date, the ETNs will be automatically accelerated and mandatorily redeemed by UBS and you will receive a cash payment equal to the Acceleration Amount as determined during the applicable Measurement Period. The Acceleration Amount you receive on the Acceleration Settlement Date may be significantly less than $5.00 per ETN and may be zero if the price of the ETNs continues to decrease during trading on one or more Trading Days during such Measurement Period.
UBS’s Call Right — UBS may redeem all outstanding ETNs at any time on or after June 29th, 2015, as described under “General Terms of the ETNs — UBS’s Call Right” in the ETRACS Prospectus

I would not keep these, they are not normal stocks.

>>17618327
what makes you think cnxm is ok?

>>17617946
>>17618038
>>17618087
Thank you for the replies. I'm going to start researching on dividends more.

>>17618364
LBDC is a business development company ETF.
As for the oil plays, those are more speculative positions for sure, definitely looking 10yrs down the road.

MRRL is dependent on the rates, but it is more in the spread (which is fucking flat).

What would you say of this portfolio in say, 15 years?

>>17618096
actually saucenao even gives you a timestamp in the video.
it's an amazing tool.

>>17618259
How do dividends work in taxes?

>>17618392
I've definitely read and understood these (the language is a little different in the B-Series notes MRRL and LBDC), so can I deduce that you are predicting prices on these to drop to the $5 range?

>>17618221
The current divvy yield for AT&T is 5.3% PER SHARE. The price of a share doesn't necessarily matter, rather than how many shares (or partial shares) you have. Obviously, the cheaper the share, the more you can buy, but generally the lower the payout per share. Based on whatever net income the company gets annually, you get dividends for how many shares you own.

Annually for AT&T right now is $2.04 per share. So, if you have 100 shares that's $204 extra dollars per year in your wallet, excluding kike capital gains taxes, of course.

>>17618221
The divvies are allocated at certain times. Example, let's say you own 100,000 dollars of QYLD. Every month, you get about 1% of that as a dividend, or 1000 bucks. But over time during the year, say 3 months down the line, the share price of QYLD has increased and now your shares are worth 105,000. Your monthly dividend will be 1050 in that instance, without you having put more money in. That's why companies that have both growth and dividend yield are good to buy

>>17618457
It doesnt have to go to $5, they can do it any time they want, which is probably soon.

>>17618452
the US government takes 15%

if you're outside of the US how much you get depends on the trade agreement your country have

>>17618452
It's a fucking hassle. Qualified dividends count as capital gains, ordinary dividends get taxed at 22%. With MLPs and REITs you add a K-1 form, which is a bitch. Best to take them to a pro if you aren't 100% sure of the rules.

>>17618452
if there's anything unanswered on that page, try looking at the page for taxes. There's quite a lot of information on investopedia

>>17618481
>>17618439
You've really fallen down a strange rabbit hole all of a sudden.

I've never had a credit card before.
What's better, cash back or rewards points?
Can rewards points only be spent on travel?

This is lame. Do I really have to close my puts at 3pm every red day? I feel like the market would catch on to these last hour pumps eventually.

You dumb fuckers promised me I'd be rich by the end of the week.

>>17618471
But what is it that makes you think that? I've held ETRACs products for multiple years now, through series' of notes and callbacks. I don't see where the actual physical breakdown is. Are you saying that UBS will just freak out and recall all its notes?

>>17618468
Expontential compound growth and dividend interest is better than Viagra.

>>17616866
>>17617142
God i fucking hate americans.

>>17618468
Shilling for QYLD?
I hold it because of what an anon said here....but really they're holding lots of things that might just crumble...mainly intel.

Actually...let me put it this way...I'm a /biz/ experiment. I'm coming here for stock advice.

New new new

>>17618523

>>17618523

>>17618523

>>17618523

>>17618503
Find one with no annual fee. I go cash rewards, but it really depends on your lifestyle. Don't fuck up one single payment EVER. Don't spend money you don't have, or you will be majestically ass raped with a tire iron

>>17618503
Depends on what you're more prone to.
Rewards points are usually all travel based. Airlines, hotels, that sort of thing.
If you don't travel that much by those means, cash back is a better way to go.

My current strat is American Express Blue Pref and chase cash back card for what can't be taken by amex at max rewards.

>>17618516
In this market you cant say, but its a huge risk. Especially the 2X ones. If the underlying assets dont put out divs then neither will this, at which point there is no point in the asset existing.

>>17618554
Would you argue that a callback of all 2x notes or a UBS bankruptcy is more likely?

>>17618452
Divvy income counts even though you told the broker to reinvest it. So you earn $100 in Divvy income a year your taxed on it even though it's spent buying more shares. Then you've got your tax bracket. Depending on where you fall in the bracket the extra "income" may not even hurt you to bad if it don't cause you to get pushed into a higher tax bracket. The other thing is capital losses. Your allowed to use up to a certain amount of losses on your taxes. So in effect the losses offset your tax owed. You make $3000 a year in income from stocks either via Divvy or selling them, you have a $1000 loss or carryover from the previous year. You end up paying tax on just $2000 instead.

>>17618665
as I understand it, in the U.S.A capital gains tax is static, no?

>>17618740
2020 rates are
0% under 40k
15% for 40k to 441k
20% for 441k+

Is there any reason to be afraid to invest in dividend yielding stocks?

>>17618794
Assess the risk of them cutting the dividend. Be prepared to hold with some strong hands, perhaps through the end of the decade, before you are rich (assuming you are 4 or 5-figures now)

>>17618613
Im not sure the point of such a question? Those two things are unrelated. But the risk is that the underlying assets wont pay dividends, and when its 2X leveraged, it takes twice the hit on the way down, and takes more to get back up. Sure, maybe it wont dissolve, but it just stays at $8. If you bought in at $12, even at 20% yeild it would take 2 years from dividends to equal that difference, even if it went back up to $10.

Leveraged products are troublesome, heres an example:
Stock A = $100
2X A = $100
Stock A does this: -3% -3 +4 +2 -1 +2 -5 +2 (Total: -2%)
Stock A = $97.66 (-2.5%)
2X A = $91.07 (-9%)
This is why you dont want to hold leveraged funds long term unless you are really bullish/bearish on its direction.

>>17618839
No, I'm familiar with decay and all that. The point in my question was that I see a UBS default as my largest overall risk. I guess I could've been a little more clear about that haha. I'm just pushing for some counter-arguments from you so that I can assess things better myself

>>17618784
So any new person would be in the clear unless they're able to push millions into dividends?

>>17618794
It's not a get rich quick scheme so maybe that?
I see it like this. My money can either sit in my checking or my savings account earning less than inflation on dividends.
This way, my money can at least ear more than these bank dividends would give me.
If I pick things right, this should be a continued growth on the stock itself anyway so if I do need to cash out I can cash out higher anyway.
I will say it like this...
You have 50 dollars sitting on your dresser right now. What is it doing for you? It's a resource. Will it be worth what it is now some time down the line? no.
Do you need it for savings right now?
If no..then look at this way..
You can spend that 50 to make money consistently. Make your money work for you. Even if that only nets you like a dollar at the end of the year....let's put it into perspective...
what would it have done sitting on your dresser? What would you have spent it on?
Even if you pushed it into your savings account...would the interest on that account beat inflation?

And that is what I am personally chasing. This idea of my money working for me. Having a fat cushion to sit on in my accounts is "rich" but having something that generates money, that is "wealth".
That is what I'm after.
So many people do these retirement schemes....and while that's good for various structures it just sickens me to a core. Ok good, you've saved up enough money so that you can coast until you die. I hope you don't live longer than projected!
So cynical....

>>17618909
Sorry, I should have specified, the dollar amount shown is your total income. If you are like me and make only 20k at your job, you can clear off another solid 20k before capital gains, even with a 100k portfolio

>>17618946
This year I will make 115K before bonuses with a target of bonuses that cold maximally make me 135k

>>17618170
I have buried every member of my parents and grand parents generation, save one. None of them have witnessed what came next, nor will I when I go. The generational wealth you want to leave behind may be a blessing, a curse, or a trinket to those on the receiving end. No matter what happens, you'll never know about it.

>>17618970
Well, then you'll be taxed at 15% for up to another ~300k (unless the change the laws of course)

I honestly think /smg/ needs to take a position of dividends for long term wealth growth against all these crytpo currency fucks in /biz/
Keep in mind, i'm not saying we should remove the idea of any other means of capital generation...but I think we all need concrete goal to succeed. To make it.

Long term dividend based wealth with short term plays at the market to give capital for the former.

>>17618503
Not to shill but you can get a free 800 out of Chase for opening an account right now

>>17618991
I'm 33 and barring anything entirely horrible I will be able to continue to build.
If you believe your life is only for you to live, the by all means, do what you want.
I believe my life is for me and for those to come after me in my name.
I will build what I can for them as it also helps ME NOW. Our futures intertwined.

I also don't plan to die....