/biz/ - Business & Finance

FUCK JANNIES
FUCK TRIPFAGS
FUCK ROBINHOOD

Don't panic, futures will recover and we will be green

>mfw I bought the dip

Tomorrow will be red all across
Futures are not even holding a positive 1%
Amazon is saying to work from, fucking amazon
Black friday is now

>>17753353
nice webm but "screeners" wasn't capitalized so C-

All in on SQQQ boys what am I looking at?

WE NEED TO GO LOWER

Chika is cute CUTE!

green tomorrow

>>17753417
>>17753420
Key buying back in tomorrow. After this the corona dip will be priced in.

The Queen dressed in red.

>>17753450
She has a dick you know.

>>17753460
Where are you guys finding all these pictures of coronachan

>>17753420
>mfw I'm locked out of my main league of legends account because riot made me change the login and I forgot it

those of you assholes picking on snss guy take a look at the charts. up over 5% after hours who is laughing now.

WHERE MY SQQQ BROS AT?

>>17753482
Your mom's computer you gay ass nigger faggot.

>Ontario just cancelled 2 weeks of school following spring break
>Trudeau has corona
>US borders closed
>NYC probably going to be shut down
I think I'm finally going to sell everything tomorrow. Fuck all this shit.

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
DRUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUMPF!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

>>17753353
Chika shitposts are the best shitposts

>>17753420
amazon has been wfh for like 2 weeks anon

>>17753460
I miss ebola-chan, please bring her back.

>>17753482
Here you go bro:
https://mega.nz/#F!GWADQaRS!3yuOGCae39EvDkVH3a5tyQ

>>17753500
I SOLD MY CALLS TODAY
I'M SO WEAK

>>17753513
With that ID, I wouldn't be surprised

>>17753513
>selling everything at the bottom

>>17753353
kaguya is shit and you should feel bad for making this shitty OP. never post here again

>>17753513
>>Trudeau has corona
Is this for real, or just rumor?

>>17753453
Nothing is priced in, nothing has been priced in, the markets aren't thinking ahead anymore they're reacting to whatever news comes out the day of.

>>17753528
Repostin my autism

>why is everyone talking disney instead of seaworld? Look at that absolutely gorgeous drop, and they are already a thirded and haven't even closed the parks yet, and unlike disney they have both no secondary revenue streams and ludicrous mandatory expenses from all the expensive as shit animals they have to keep alive in all their parks. If I wasn't a dumbass and shorted that shit a week ago I would be six figures now

>>17753513
Every school in WA state just got shuttered until late April

>>17753513
Uh well, no University or College is closed besides that one in Sudbury

Who /pandemicbasket/ here? So far have LAKE INO APT

>>17753460
why is she so wet?

>was up to 3K the other week
>blew 2K on shit trades that bombed
>made about 2.3K back today

Good enough. It may be chump change, but I'm out until things stabilize.

Futures being so mild and quiet is jarring after 24 hours of dumpster fires.

Guys, take a look at crypto

Isn't the market moving a bit too fast?
Dow is 28% down in barely a month

>>17753555
>the bottom
The bottom is probably like 5,000 more points on the Dow.

>>17753567
He's quarantined his wife is showing symptoms and they're stuck waiting for results

>>17753605
She has a high temperature

The s&p asx 200 is doing well, recovered from -7 to -4
Face it, we're going green.

>>17753500
You buy into any FAZ or TVIX?

>VIX topped out (same as today) on Oct. 10th 2008, there was a rally the day after, and then the market proceeded to shit itself in March of that year

The question is, will people fall for it again?

Boomers at work panic sold today, possible bottom?

>>17753578
Oh yeah if nothing is priced in then how do you know where the bottom is priced in? Where is your crystal ball faggot?

>>17753586
Elementary and high schools, which means parents need to take time off work to take care of their sniveling fuckwit kids, which means economic decline.

My lips have been dry the last couple days. Am I dead?

>>17753618
its 80% emotional reacting, everything will be fine and moon in a month

Noob question: how come panic selling lasts for several days/weeks? Who sees a blood-red market and decides they want to sell, just not until the following day? Surely the people who are looking to offload their shares would want to get rid ASAP and all the selling would happen in one day?

how is it possible to stop the bleeding?
federal reserve just dumping money into the market (trading stability now for inflation in the future)?
what are the options available for halting freefall? why not just let it go, and the invisible hand will fix it eventually?

>>17753562
no u

>>17753500
On the next dip yup

>>17753662
Nobody knows where the bottom is, that is my point, this shit could keep diving for another month for all I know.

Unacceptable
Open the schools and business back up now

>>17753593
I'm in CHFS and IBIO. I'm dying, bro...

>>17753640
Yeah dead cat incoming boys

Buy into the (huge) dip and be happy with your free money in 2 or 3 months.

>>17753627
Oh shit! I had no idea. Trudeau’s fucked.

>>17753679
>1.5 - 3% of the population will die
>5 - 10% will require critical hospital care
>emotional reacting

And remember that these statistics are from China, a healthy country, and Italy, a healthy country. We have diabetes and obesity everywhere.

>>17753694
People need to stop fucking selling, but at this point it has cascaded so far that I think the entire economy will grind to a halt. Just wait until people and companies start going bankrupt, then shit will get real.

>>17753617
godamn
I thought they said crypto was immune to this shit

>>17753727
That's what I'm thinking but it keeps fucking GOING DOWN AAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>17753692
Because there are people panic buying as well.

>>17753727
>2 or 3 months

Probably a little too early. 5 or 6, I think.

>>17753742
>China, a healthy country

Lol they huff smog and chain smoke.

>>17753742
>China, a healthy country
Are you smoking fucking crack? Literally every adult in China is a chain smoker.

cash gang gang gang what u buyin

>>17753724
not true, japanese and aussie stocks could well finish green at this rate

>>17753742
>all 3% are boomers
moon confirmed

So I had been trying to save up longer before I thought about investing but given the current situation
Would it be a bad idea to start putting $500 into some kind of medical or mortuary stocks?
Is that to little to even bother with? Or will things keep dropping maybe?
I could comfortably lose 500 and still have a decent savings is why I picked that number - had been trying to get to a comfy thou before jumping in but wondering if the time is ripe now

>>17753755
Wall Street jews got their hands in crypto so now it goes up and down with the regular market.

>>17753787
>>17753790
America has more people with obesity, diabetes, and heart problems.

Accumulate REFR cheapies

What do I get if it’s real red tomorrow, KO, DIS, or MO?

>>17753809
That's what I mean by a dead cat bounce. We'll finish green but there won't be anything holding it up since the issues are still the same

feels good man. i've been calling for a huge crash, still think 14,000 is possible. Shiller PE has been bloated for ages and no one respects that earnings should determine price. "it's different this time". get fucked dummies

>>17753618
It's a combo of panic and a small stock bubble popping/deflating (SPCE at $35, seriously?). Once the trauma of clogged hospitals and morgues fades it should come back from depression to generic recession territory

>>17753870
>since the issues are still the same
the market is fundamentally strong, this virus just has idiots panic selling

>>17753712
Hey, it bounces back a lot harder than it sinks and for even less reason too but maybe you will learn that the hard way you faggot.

>>17753728
He'll be fine
No one thinks he actually sleeps with his wife or touches her ever
It's just a publicity stunt

The state needs to stop shutting shit down, we could have been green today if not for Trump's spastic kneejerk travel ban.

>>17753790
>>17753787
Does not even compare to other risk factors.

>>17753850
Okay. Corona is a respiratory infection.

>>17753908
HODL THE LINE!!!!!!!

I bought disney puts at $93 earlier today, before the disneyland shutdown announcement.
I feel like a golden god

https://www.youtube.com/watch?v=TRXdxiot5JM

>>17753841

No one can say if the time is ripe now.
Just buy and wait or dont buy and lose this chance...

Savanon...Pendy...how much lower can it go....

>>17753922
bruh the important thing is safety and health. Nobody cares about stonks and money

>>17753933
>completely uncited graph about something irrelevant
smoking + pneumonia = dead

>>17753875
I'm of the same mindset. Valuations are fucked and this was 30 years in the making because bailouts didn't let the unproductive capital flush.

>>17753954
In the sense that you got pissed on?

>>17753933
Diabetes is rampant in Asian cultures due to their rice consumption and I’d wager hypertension is higher because they work themselves to death in literal sweat shops.

>>17753898
>fundamentally strong

What is fundamentally strong about quarantines, small businesses going bankrupt, and drop in consumer demand? You do not have a day like Monday of this week and come back from it without a recession. The Jews smell blood and they're short this to the bottom, profiting off of those who deny reality.

OH NO NO NO NO NO

Un fucking acceptable
film industry is shut down my equipment is stalled that I depend for income. OPEN ALL BUSINESS BACK UP NOW

JP morgan is now forecasting a US recession in 2020

JP morgan is now forecasting a US recession in 2020

JP morgan is now forecasting a US recession in 2020

JP morgan is now forecasting a US recession in 2020

JP morgan is now forecasting a US recession in 2020

JP morgan is now forecasting a US recession in 2020

>>17754006
By a beautiful woman

>>17753353
All of these fund are gains from today alone so losing them is not a big deal. What are the chances I'm gunna make it with these shorts.

Or at least get a nice nest egg

>>17753922
Whats better is that its a fucking useless ban at this point, when all the major cities already have people spreading it. The time for a travel ban was a few weeks ago, as always its LATE LATE LATE.

If he had spent 100 million dollars testing people coming in from europe and isolating them for a couple of weeks he wouldve saved himself the rest of the money that the panic caused. It was fucking retarded.

>>17754002
No actually that isn't the important thing, the important thing is money because you need money to be safe and healthy in the first place. Poverty, depression and unhealthy lifestyle all go hand in hand.

>>17753922
>implying it will stop here
Most schools will be shut down by this time next week. Then all commercial flights. Trump even said this morning it's a possibility that they'll have to enforce travel restrictions in the country, at least in hot zones.

>>17753995
S&P 2K is the bottom.

>>17754041
>forecasting
lol

>>17754053
Beautiful Corona, blessing us with cheap, quality, divvy stock.

>spy Jan 2021 calls are extremely cheap

so, is everyone on this board getting poor? i sure hope so

https://youtu.be/ZMsYVgZlQMs

im just waiting for English speakers to recover from corona and explain to people its not that big of a deal

I read that a few prominent celebrities have tested positive, so we will know for certain the potential effects from what i still believe is just a really bad type of flu.

>>17754031
The largest cryptos lost like 40-50% of their value in one day, I wonder what the "halvening" people feel now. Fucking retards thinking that shit matters

>>17754041
SOURCE?

>>17754035
So you aren't going to be recording that video of yourself that you promised me...
I demand a refund

>>17753994
I guess I’m more wondering if $500 is chump change piddly shit that wouldn’t be worth it?

>>17754024
Sales and production hasn’t been halted in any meaningful way. Government institutions and theme parks are not economic drivers.

I'm cashing out all stocks, considering cashing out 401k penalty be damned. The collapse is full scale

>>17753353
Market brainlet here. If I want to buy stonks can I buy them everywhere I want, for instance Chinese market, Tokyo exchange, London exchange or can I only buy regional stocks only?

>>17754105
Why would you wish such a thing?!

Would you all recommend me use RobinHood to begin buying stocks? I hear it's not good for Crypto but that's okay I don't really wanna mess with Crypto right now

I make $60k a year, monthly bills & expenses is around $1500 so I have plenty of extra income that's just sitting in my savings account doing nothing.

I noticed Carnival (the popular cheap cruise ship) stocks have fallen from $52 or so to $14. This makes me want to buy about 1,000 stocks and wait out and see what happens..

>>17754102
Enjoy that IV crush, it will decimate any leaps you buy right now. Do not buy leaps with such insane volatility, they are extremely prone to IV crush due to high vegas.

>>17754105
95% cash and i will buy when april comes.
Pussy Nigger.

>>17754167
if you think that there will be a total collapse, your money isn't going to help you. Only guns and ammo will.

Kek, so I've lost money and shit like that in my 401 and my brokerage account but I ain't worried. Cause it'll all bounce back. I got time you know. Not like I'm retiring next month or nothing. Sides I still got a decent pile in the bank and a pension and a paycheck coming no mater what. So this market can do what it will, I've been buying the dip so once the rebound begins, my gains will be epic and all the while while I wait I'll be collecting Divvies.

>>17754171
Depends on the broker.

>>17754123
Tom Hanks is gonna go on Kimmel or something and talk about his Corona Virus experience of drinking OJ and watching TV for a couple days. Bet.

>>17754123
5,000 people have died. It was a pretty big deal to them. You're young, healthy? Good, I guess. You have diabetes, hypertension, are a smoker, and over the age of 50 while being obese? You really might die from this one.

How to short bitcorn that shit is going to zero

>>17754003
how about if i'm only smoking when i'm drinking?

>cheapies

>>17754031
Jesus, everything is getting sold to cover margin calls.

>>17754164
lol every supply chain globally has been fucked for weeks, you dont know what youre talking about

>>17753841
500 isn't too little but as a noob I wouldn't recommend picking a specific stock that you know nothing about and instead to an ETF for a sector you think is going to do well.
I get that you think tons of people are going to die and therefore morticians are going to do well but that's not necessarily the case because the laws that govern corpse disposal, plus that many of the dead will also be from the poorest class of people (who are more likely to be cremated by the state after sitting in the morgue for years) and who will be cremated by the state in an emergency, also funeral homes are an extra weird business in that they're functionally a monopoly owned by Service Corporation International (stock symbol SCI) but also a franchise.

If you didn't know any of that, or even understood what I just said, then you should probably spend a while on Investopedia while parking your money in SPY or QQQ or a nice dividend stock

>>17754238
amerilards not gonna make it

>>17754181
Just use td ameritrade or another broker with free trading, several companies brought their fees down at the end of last year, robinhood has been shoddy and crashes during big events so it’s really not worth it except for the easy to use ui that lacks information on other brokerages

>>17754205

ONTX is dead fren.

>>17754105
we know, the poor hate people with money because their dog brain can't mature past childish envy. so played out, glad you'll never win in this country

>>17753694
YOU PROMISED CHEETUS WHERE IS MY CHEETUS

>>17754167
Don't cash out your 401k, just make bigger risk plays with the money from your stocks, it ends up being equivalent without the penalty.

>>17754164
>in any meaningful way.

Yet. This is where the winners (people shorting) and the losers (bulls) differ. The bulls are seeing this as just a dip because everything's not so bad right now. The bears are looking a month into the future and seeing what will happen when a full quarantine is imposed in NYC because there are 100,000+ infected, health systems are overwhelmed, and the National Guard is mobilized.

Your stocks will not increase in value in such a situation. I repeat. Your stocks will NOT increase in value in the situation that is coming.

DISNEY IS /LITERALLY/ 90 DOLLARS RIGHT NOW
WHAT THE ACTUAL FUCK

>>17754181
Why invest in that dying shit cruise?

Better to buy some blue chip stocks and wait it out in a month or two. Right now the US is gonna shit the bed you can make money until markets start rebounding by using puts or investing in inverses like SQQQ

>>17754248
As long as you aren't a habitual smoker you're fine. The fact is, most Chinese men smoke an insane amount and they are the ones dying, not the women of the same age that don't smoke.

>>17754167
this sentiment is bullish tbqh

>>17754205
Yeah by now its no point selling if you have no hurry and can wait for it to bounce back. If theres a massive rally where market goes up 10% two days in a roll or something then I would probably sell, otherwise just ride it out at this point.

I have an urge to panic sell and every single time Ive done that thinking the market is gonna get shittier Ive been burnt, so this time I'm gonna inverse myself and hold tight on my stocks, while I keep gambling on options with some other money.

>>17754180
economy is a big nigger

>>17754163
every investment could be worth it.
these 500$ could build a starting point to invest bigger.

>>17753694
>how is it possible to stop the bleeding?
Market has to play out the game. Fed can try but they're not making much headway. Everybody who wants to sell needs to finish selling. Once nobody wants to sell much anymore, price floats back up. Could be at -35% or -50% or something. Earlier if there's some kind of extra bullish news about Corona and/or oil.

>>17754102
Once I understand them, they'll be a great investment.

>>17754041

Bold prediction, given that the markets have only dipped around 25% and nobody's allowed to go outside. Let's see wait and see if they're correct.

>>17754181
Robinhood is good if you aren’t a jelly handed fag who mashes the sell/buy button everytime there’s a tick in the market.

Look dude, just buy companies whose products you use. Who do you bank with? Who do you buy your utilities from? What kinda cereal do you like.

Niggas here try to church it up but the fundamental tenant of buying stocks is “Does a company make a product that people want to buy?”.

>>17754271
Thanks, I really appreciate the advice

>>17754227
Its totally probable

> drinking OJ and watching TV for a couple days.

That pretty much is going to describe 99.8% of everyone's corona experience by the end of April.

>>17754336
I'm fucking hoping it goes to 70s i have 6k reserve just in case

>>17753640
Below 5000 now, (° ۝ °)

>>17754264
I work for a fortune 50 with a global supply chain that’d make your head spin. It hasn’t been impacted in the slightest.

>>17754415
LITERALLY NINENTY DOLLARS PER STOCK
BRUH
R
U
H

>>17754406
Then why aren't orange juice futures mooning ?

>>17754336
WEALTHSIMPLE DOESN'T FUCKING LIST DISNEY BECAUSE THEY AREN'T CDIC LISTED FUCK YOU CANADA FUCK YOU TRUDEAU YOU FUCKING WHORE BITCH TRANNY SON OF FIDEL FUCKING CASTRO YOU DOUBLENIGGER GIVE ME MY MOUSE STONKS

>>17754393
https://finance.yahoo.com/news/popular-trading-app-robinhood-reportedly-192942855.html

>>17754163
Lots of people have made good money starting from 500, but youd need to do options rather than stocks. Even with REALLY good news youd stand to make like 20% gain with stocks, which is a lot if you had 100k, but its just fucking 100 bucks with 500.

Options can make you lose that money but they can also make it multiply faster. It all depends on one question, can you afford to lose it all? If so, options.

>>17754393
>name buying
Absolutely terrible strategy though. Do some fucking research at least before you go all-in on Kellogs because you eat corn flakes every morning.

>>17754031
>>17754257
Jesus just how many of those tards were selling naked puts

so French scientists claim that according to the French cases the virus severely impacts the health even of healthy young adults and call for the quarantine of ALL OF FRANCE, but Macron wants to wait till Monday because he wants to hold local elections on Sunday? Wtf French anons can you confirm?

>JAPAN'S NIKKEI AVERAGE FUTURES DOWN 8.4% IN EARLY TRADE

>crypto

>>17753439
Too late bro

>>17754446
same here, the main disruption is toilet paper and sanitizer

>>17754503
because people have to go outside and shake the trees until the oranges fall down

>>17754449
And it's going to go lower homie we are in bear country now

jfc

tomorrow we start the recovery, because this post is dubs.

>>17754508
Please, give us a primer on options trading.
Something safe to start out with (and how).

>>17754171
This >>17754220 but you can usually get exposure to international stocks in a couple different ways. There are stateside traded ETFs tracking them, and a lot of big international companies with no US listing do have a US OTC listing you can buy. OTC has low liquidity so be a little extra careful if you go that route. And some brokers do allow you to buy international stocks directly but watch out for forex fees in that case.

>>17754406
Your grandparents will die. Perhaps a few aunts, uncles too. If you're older and your grandparents are dead already? Your Mom or Dad may perish.

You think this is a drinking OJ situation? Bodies multiplying so quickly in local hospitals that healthcare workers don't even have the time to take them to the fucking morgue? You are in for one Hell of a ride.

How do you think the blacks will react when they take their granny to the ER and no one can tend to her? When only the white people with insurance get treated?

There's a possibility we could see LA-style race riots across the nation. A possibility, I can't say so for sure.

>>17754572
good, maybe /biz/ won't be so shit

zoomers on reddit are killing the mouse as we speak

>>17754572
God damn justice has finally come for all the smug cryptoniggers of the world

>>17754570
How low are you feeling?

>>17754585
You're too late.

>>17754155
NO
this is so serious Im literally FUCKED until Hollywood opens back up I am freaking out

Nikkei Futures -7%

>>17754537
>call for the quarantine of ALL OF FRANCE
Scientists are fucking insane retards with no grasp of the real world. How the fuck do you quarantine an entire country?

>>17754538
Nips on Twitter are bitching about Abe not being like Trump with the tax cuts

>>17754572
Wasn't the whole point of crypto to either be immune to world changes or flourish in catastrophes as the world burns?

>>17754509
It’s not name buying you mook. It’s buying what you know. If you buy a product and you think it’s good and want to continue to buy it, it stands to reason that other people will too. There is literally no better market research than buying the product of the company you invest in.

>>17754570
What the actual fuck is this clown market?
ALL THIS PANIC OVER ONE LITTLE SPIKY BOI??????????

>>17754282
Thanks I'll look into those. I only wanted to use RobinHood cause it seems very beginner friendly with the interface and I can do it from my phone but if it crashes often then I do not want to use it.

I have a question as well, if I use TD Ameritrade are all my stocks exclusively on TD Ameritrade? Can I not access and sell those stocks on RobinHood? Sorry I don't know how this really works with stocks.. are my stocks mine to take with me and access on different stock selling/buying platforms? Or are they exclusive to that specific platform (meaning if I use Robinhood to buy stocks can I log into Ameritrade and see my portfolio of stocks if I choose not to use Robinhood anymore?)

>>17754337
They say buy low, sell high, eventually this Corona stuff is gonna go away and Carnival is a very popular cruise that lower income people will use as a vacation. It's basically the WalMart of the sea. I believe it will go back up. I don't know much about it nor its competition but I know it's here to stay

>>17754393
This is good advice. Thank you

>>17754626
No joke. Today was the last day to get in. Friday will be a murder, and Monday will be worse.

>below 4,8k
this is the death of BTC

>>17754644
the way Italy did probably

>>17754397
Sure, just treat the money as expendable (something you can lose, aka "mad money") if you lose money try to find out why beyond just "the line went to the right and down instead of to the right and up"

Don't worry too much about trying to time the bottom, if you're going to steadily invest money over time then time in the market beats timing the market.

Is it smart to buy puts tomorrow vs Monday? How about puts on Disney, good idea?

>>17754654
Trump has done absolutely nothing useful so far. The markets would actually be better if he did absolutely nothing.

where do you guys buy crypto from anyway
might throw some money into it when it crashes for fun

>>17754656
>thinking Wall Street kikes we’re gonna let that be a thing

>>17754644
Order everyone to stay in their homes for 14 days, deliver food to the doors, and put anyone who disobeys in the gulag. That's what Wuhan did. And guess what? It worked.

oh no no no...

>>17754709
just go to coinbase pro.

buy XRP

>>17754644
you build a wall around the whole thing. kinda like they did with berlin.

>>17754682
This is what happens when a volatile security is treated as a currency (or even a commodity).

>>17754336
that anon posting his $80 mar 20/27 puts or some shit is gonna get paid

>>17754703
He caused the panic today with that awful stream last night but this crash is inevitable with or without his big mouth. A global pandemic that disrupts trade and manufacturing is the worst case scenario for the global economy

>>17754590
So it's doable but you get fucked in the ass by broker fees. It's not worth it if you are a small time investor, got it.

I have 100K to buy with, should I start tomorrow valuing down? Is it too early?

>>17754656
>markets go to shit
>need to cover margins
>liquidate shitcoin to cover because who even cares
Crypto is basically just digital silver.

Invest in Boeing baka.

>>17754670
>says crystal ball faggot.

>>17754743
they did that once already.

>>17754644
>>17754743
after they build the wall, can they cover the country in some US Oil and then light a match. That would be good for Boeing since there would be no more Air Bus, and oil prices would come back up, and we'd have solved the french problem.

Hue, my friends.

I come in peace from Brazil. I was just reading some brazilian investing subreddit and someone claimed in the US about 50% the population have money in variable income.

I'm not really sure about what to think of that that % but I know that many average US guys have their hands on a bunch of stocks and I was wondering: how did you guys learn what you do? Did you study on your own or did you have help from school?

Schools here don't say a word on personal finance or investment.

>>17754565
That sounds like a supply side constraint, so increased demand should cause a massive orange pump
The largest evver seen
I'm going long
Very long

>>17754784
Boeing will be bankrupt by 2022, or bought out.

How the fuck are we supposed to understand this market?

>rumors drumpf is going to shut down all schools and businesses for 2 weeks tomorrow afternoon
if true, how does this change the iron-ness of your balls bearlords

Fundamental question:

Is it the dip? Or are there any possible ways for more drops tommorow?

>>17754656
>He thought people would sell into a speculative security with insane volatility
Oh I am laughing

>>17754667
You can transfer stocks between accounts but I’m not sure about fees involved or time to transfer as well, it’s not the robinhood crashes frequently every other day, it’s just had a bad track record for big sell and buy days, which shouldn’t be an issue if you actually invest wisely and don’t have weak hands

>>17754682

Yeah but tbf it was quite old and had underlying health conditions.

>>17754801
Start here: www.investopedia.com

>>17754621
I'm hoping 70s if shit keeps hitting the fan but il start buying at 85 and average down.

>>17754827
no one knows

>>17753477
Says who?

>>17753617

>>17754793
yeah but they forgot to extend it up between luxemberg so the krauts just walked around.

>>17754585
>options
>something safe

lel... the whole reason options give more potential money than stocks is exactly becuse none of them are really all that safe, I could tell you to go all in on certain puts because I think the market will keep shitting the bed and it rallies instead and you lose everything. No one here knows exactly whats gonna happen, and very few people worldwide have a firm grasp on it, otherwise everyone would be a millionaire.
Just lurk more, see what people are doing, google around what calls and puts are and how they work and so on before doing anything. I spent like 2 weeks just reading up on shit and what people were doing and how before I ever put a single dime on it. Do your due diligence and at least understand what it is you're doing.

>>17754803
Trading places, art becomes reality.

>>17754775
I would short the spx500 with 5k at X5 leverage and scoop up stocks that are down 50% or more.

Alternatively you could wait for a play your comfortable with

>>17754770
It shouldn't even be disrupting anything considering anyone under 50 is not in danger of death and is unlikely to even be hospitalized.

This whole thing is a gigantic overreaction, from the very beginning. Chinese are like Jews, they just cry and moan about every tiny thing as if they were in Hell itself, and now the whole world has taken them seriously for some reason.

>>17754644
Europeans take 4 hour siestas in the middle of the work day to drink beer/wine. Telling everyone to just chill for a few weeks isn’t going to be hard.

>>17754784
>>17754817
boeing will get a bailout and moon

>>17754656
The point was to have digital tulip bulbs

>>17754336
>6 years of growth completely wiped off

I dont understand why any of you are panicking or worried

This is literally the greatest thing to ever happen in your life to make it and stop being poor. It took 12 years from the GFC to reach another crisis, and it will take another 12 years to reach another one. And the other thing is that unlike during the GFC, interest rates are rock bottom, which means all the people cashing out now have no choice but to put it back into markets. Inflation is low, so gold wont rise much, term deposits give you nothing, bonds give nothing, property is good as always but good luck getting into it. This "crisis" will be short lived, in that the market will start its recover soon. From the bottom of the GFC to the point it recovered was only 4 years. You only have maybe a few months to make as much money as you can right now to buy, then less than 4 years to buy up before the market reaches back to normal levels.

Save every penny you can get your hands on and invest it in SP500/ASX300/Whatever your domestic index is, set dividend reinvesting, and compound that monster.

>>17754849
Sounds legit, I’ll do so as well.

>>17754656
only absolute mongs thought that

>>17754631
O_O
I hope things turn out Ok
My jobbo is pretty stable, even in times like this
Try and get some lads together to film viral content and get that YouTube money

>>17754871
>Boeing will get a bailout
Yes
>and moon
Yeah, like GM

>>17754585
Sell Put credit spreads. Literally the safest options play you can make.

>>17754801
>>17754847
No I'm not asking exactly for a info source (there's plenty here). I want to know where did you guys get your knowledge from.

Did you just google shit? /smg/? Classes at school? Did your parents teach you?

>>17754801
Learning on my own. Some brokers give you a virtual "fun" account of say 100k to invest and see how you would do/learn as u go with fake money. It helped me a lot

>>17754733
is coinbase legit tho? I've yet to dabble in crypto; i've always been afraid of shit happening to my accounts

>>17754784
They just maxed out their credit line. Its like maxing out your HELOC lmao

>>17754827
most likely we go red tomorrow too
we're now getting into serious fear territory as people realize what just happened to their 401ks and such the last couple days

>>17754792
$TSLA went down 8% in the aftermarket. VIX today is higher than ever. Anybody with a brain can see where this is headed. And they aren't falling for the bull trap like they did in 2008 just to be raped a month or two down the line. At least the smart ones.

We're going to see a mass selloff tomorrow. It would be criminal negligence for any institution to buy at this point as more than a hedge. They betted on the bull market, got burned. Shareholders will be out for blood if they don't get the next steps right.

>>17753692
Because people break under watching their investments lose value over and over. Most people get to the point they would rather take a huge loss and get some money back than hope their asset will recover.

>>17754801
>Schools here don't say a word on personal finance or investment.
It's the same in nearly any western country. 55% of Americans report they own stocks but that's misleading and includes stock ownership through mutual funds and investment vehicles they don't personally manage.

>>17754505
use scotia itrade or questrade

>>17754801
That because americans already have the US dollar so we put our money in stocks.
Third world macacos just put their savings in foreign currency whenever we want to save and usually that gives us a better yield than most stocks. Thats why you see most people around you have their savings in euros or USD.

>>17754041
JPMorgan in a couple of days
>Coronavirus might have an impact to GDP growth.

i heard american anons dont have healthcare. Is that true? HAHAHAHA YOU ARE GONNA DIE

>>17754827

Were it possible to answer these types of questions perfectly, there'd be no risk in investing. You'd just buy the dip and and sell the peaks. I know that's not a particularly helpful answer, but it's a realistic one.

>>17754585
Yes I need someone to help me with options!

got a 3/20 spxu call and i dunno if i should sell it or move some money over to just get the stock. how low is this market going to go?

>>17754861
>get sick
>go to work
>spread it
>everyone gets sick
>no one gets work done
That's why you have to stay home. And that's also why I said disrupts rather than stopping manufacturing. Factories will then need to close temporarily and be cleaned. That's why a highly contagious mild virus is more crippling than a less contagious deadly virus

>>17754937
Trial and error. Lots of it. Practice without money first. Once you get good, then put some money in it

>>17754850
Your gay ass mom now go fuck yourself you weird Oedipus complex you dumb nigger.

>>17754983
So basically, Americans own stock through work benefits?

>>17754984
Are those commission free? I would be a $500 Robinhood poorfag if we had Robinhood here but we don't

>>17754984
Do not use Scotia iTrade their fees are ridiculous. Questrade is better.

>>17754801
US Schools don't teach shit about personal finance. From my understanding most Americans just learn about it because of the many resources and seeing people constantly talk about the stock market so they become interested in it.

Truth be told it's just another form of gambling I would argue for the average American unless you're part of the ones that do passive investing and would rather their money make more returns than just leaving it in their savings accounts.

>>17754801
>Schools here don't say a word on personal finance or investment.

Brazilians use a classroom to basically learn twerking am I right?

>>17753513
>selling the bottom

Genius

>>17754910
Good luck anon and hope Boomer killer keeps Fucking shit up. after this a lot of us are going to come a lot more richer from this

>>17755047
There aren't any comission free brokers in Canada aside from Wealthsimple which I haven't used and doesn't do options.

>Go run
>Futures down 1+%
>Come back and oogle at red
>Switch back to that tab
>Futures only down .75%
Who the fuck is buying god damn it

>>17754966
So what you're saying is that stocks would look like crypto right now without the 7% circuit breaker

Does anyone know it international markets have circuit breakers?

>>17755059
Most people go out for short-term investments and hope they get rich. Long-term investing is where most people should be focusing if they want to attain wealth.

Someone fatfingered the 10Y

bearlords I am going to buy 4 shares of TECS at open how fucked am I

>>17754898
This is the last crisis ever
Next week we begin the infinity pump
The spring of eternal wealth
All you have to do is buy a share

>>17755116
see
>>17754505
burn this country down

>>17755092
Alright I'm not selling I was overreacting because I've lost a thousand dollars this month and shit just keeps getting worse.

I mean we have to be reaching a bottom soon right? How fucking low can we possibly go? We can not possibly continue to bleed for another week like this.

>>17755059
Nothing's quite like gambling, except for gambling.

Stocks are much better, where it's possible to actually make valid predictions on inter-day swings.
Of course, most of the time price changes in the middle of the day are full of shit and you really are just gambling.

How are we feeling about tomorrow?

>>17754991
Trump said that everyone who will go bankrupt and lose their home have the opportunity to buy this amazing dip and plus, it will blow over, there is nothing to worry about

>>17755145
>tfw didnt buy the 1 milisecond dip

feels bad man

>>17755047
no but questrade is the cheapest and has no fees for trading ETFs

>Tell my friend I bought SPXU
>He asks why the fuck I would buy that
lol

HI guys I just put all 10,000 of my savings in stocks last week am I fucked?

>>17755127
Yes. See the 1997 Asian Financial Crisis.
Thailand got fucking destroyed.

nikkei just opened -8%

>>17754898
Because we're bored and it's fun. Other than that yeah I agree with you, I've been waiting for this for years. I remember just last year when we were sitting here dreaming back to prices we haven't seen for what feels like a life time, now we're getting the chance our parents got back in 2008/9 or even 00. I bought once today actually to push 2 positions down in price, but my big buys won't happen until a solid bottom is formed along with all the data we're about to recieve, earnings, US economics stats, etc etc.

>>17755059
>US Schools don't teach shit about personal finance
True. Leafland is same. The only courses that touched on it was a thing called 'career and life management' in highschool which covered things like making a budget and how to pay your taxes. In uni I took a course about how to manage a home business as a graphic designer/illustrator but that was also mainly about tax in so far as finances were concerned. I would have had to take some kind of stock market related course from the business faculty as an elective if I wanted to learn about investing/trading (I didn't at the time).

>>17755190
Feeling better now
I'm glad I watched old man Cramer
He's such a boomerlord

>>17755208
you're fucked because half of that should have gone into two or three guns and ammo.

>>17754937
You've asked "How do you win at poker?" How do you learn any skill? Read books, listen / read / watch what people who are "better" at it than you (but with a grain of salt here, since big dick investors like Warren Buffet can actually push the market around with their giant money wads)

>>17755042
Exactly. One way or another whether it's through 401(k), IRAs, pension funds, or union funds (back when those were a thing) american employees have their money in the market (whether they really know it or not).

>>17753487
nigger

>>17755175
I make all my money on very easily predictable intra-day swings even. Literally just buy the tiny dips and sell the tiny peaks every day and you make like $200 easily if you have the capital. I'm wrong maybe 1/10 times in which case I wait a day and I usually about break even.

This whole month has been an exception though, shit is just fucking fucked man.

>>17755227
You bet! This is very exciting!

Rate my 401k performance from the start of the year

You know what REALLY grinds my gears?

>TD Ameritrade has commission free trading
>for Americans
>TD Ameritrade
>TORONTO DOMINION
FUCK CANADA

>>17755205
>tell /biz/ I bought SPXU calls
>SPY price was $295
>/biz/ said I would lose my money
Lol

>>17754665
>He thinks Corona is the main factor behind this
Coronavirus is the excuse, not the cause.

Which countries will have cute girl cheapies when the dust settles?

>>17755092
Do you think that indices will be higher than now when New York City is placed under quarantine? Yes? You're delusional. No? This isn't the bottom.

>>17755208
Probably not, you didn't buy at the top at least. I bought a bunch of shit at the literal absolute last second before everything crashed and have been bleeding ever since.

>>17755256
The issue with American employees is that there are ways attaining wealth other than the stock market.

>>17755208
No, unless you put it in a shit company that's about to go out of business, as long as you put it in something real just check back on it in 6 months

>but I want to make money NOW!!!
That's called being a degenerate gambler

>>17755227
Agreed. I’ve been waiting for a 2008 tier buying opportunity since.....well, 2008.

at 18k im just gonna slowly average in on good divi stocks and ride this shit until the next big happening
Looking at KO, D, MCD, T and some DAL to ride the upswing once this shit is over

>>17755042
>So basically, Americans own stock through work benefits?
Yes, and their retirement accounts. I would say less than 5% of the population has a brokerage account and actually buys stocks through it.

When you hear something like "percentage of Americans that own stock" you should think 'percentage of people who have money in the stock market, in one form or another'.

>>17755302
Corona is quite literally the reason behind this, anon.

>>17755122
This is obviously the bottom now that literally everyone is panicking, and now that everyone who has a 401k realizes that they need to sell immediately.

Obviously it will be up 10% tomorrow

>>17755287
Yeah that irks me too. Fuck TD, giving free trading to Amerifats before their very own people.

>>17755308
Italy will soon have women spreading their legs so they can afford food for their kids so probably there

>>17755337
me too.
my depot got a overhaul yesterday.
lets see if i get fucked.

So LINK lost 50% of its value in 2 hours. Bitcoin shit the bed as well. I feel vindicated from these naive retards that thought they were safe from the financial system.

>>17755381
A m e r i trade
hahahaha

I have $500 to spend, what should I buy?

>>17755042
Yeah, while in socialist south america the state basically gets all your money and you depend on it for everything after you retire, in first world countries you can choose to put a small chunk of your taxes in funds/stocks that help the economy as a whole grow as well as giving you a long term yield.

NEW NEW NEW NEW

>>17755445

>>17755445

>>17755445

>>17755445

>>17755445

>>17755327
I guess you're trying to say since my answer didn't mention every type of asset class, financial instrument, or investment vehicle that exists it wasn't exhaustive?

Ausfag here. Have 85k cash sitting in cash offset account. What should I buy

>how to make money on options: noob tutorial edition

-Buy 100 shares of your favorite stock
-think of a reasonable price at which you’d be willing to sell those shares
-sell a call option at that price
-repeat every week

>>17755115
If enough boomers die and quality stocks get back to being strong, I’ll get myself a nice house or two.

>>17755450
$30 puts on $AMD, 3/27.

>>17755443
>Toronto Dominion Ameritard
yeah ok buddy sure

>>17755433
Yeah seeing them all eat shit after laughing at us for the past month is great.

Thinking of buying airline stocks like Lufthansa, should I?

>>17755161
>This is the last crisis ever
If we were in good hands I might agree with you
>Pandemic hits country
>Country unpreppared
>Supply chain disrupted
>Sheep population panics
This is honestly a great lesson for the US. This is our only chance to revitalize domestic manufacturing, make proper preparations for any disasters, boat loads of over issues we can easily solve by not being retarded. But that's just the problem dude. Poor people are retarded and rich people are greedy, and that combines into a shitstorm of incompetence. The only way we can truly have the eternal golden bullrun is if the people in charge take advantage of this disaster and learn from it.

>>17755502
It's simply stating that Toronto (along with the rest of Leafland) is the rightful dominion of America. As it is and should be.

>>17754041
>Recession
Try depression

>>17755127
I kind of have a bad feeling a whole very large generation of basically first-time middle class type asians are going to panic sell the fuck outta this

>>17755540
>Lufthansa

Only if they let you do her.

>>17753353
yuo have no fucking idea how much i want this with sound

>>17753641
BUYING FINZ AND DRV

ALREADY HAVE TVIX AND SQQQ

WILL BUY GOLD AND YAMANA

>>17755241
Cramer has heart. He's been skeptical of this downturn as a buying opportuntiy from the beginning. I can tell the thought of people losing their homes because of medical bills the same time they lose their jobs because of the markets is going to produce suffering on an incredible scale.

>>17755661
Any VIX?

>>17755627
https://twitter.com/18milesout757/status/1237101615007576069

>>17755450
Toilet paper and canned tuna

>>17755557
not if Trump (hopefully) builds another wall so we stop getting haitian immigrants.

I don't think futures markets are ready to accept what's going to happen tomorrow. They're going to congregate around their safe little consensus because anything else would be outrageous. But a big sell-off has been brewing and tomorrow seems like as good a day as any, especially before Monday. We are nowhere near the bottom on many companies.

>>17753562
>kaguya is shit
you mother is shit fag

>>17755901
They priced in the pump for tomorrow