/biz/ - Business & Finance

Dow futures almost at -5%

BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>>17928666
checked, also it makes shorting the market that much easier

////thread theme////
https://youtu.be/dBoGdJ54oWI

>>17928706

It's just hitting me now. This is one of those big drops in stocks that happens once in a lifetime where no one knows whats going to happen even moreso than usual. Pretty fucking wild.

>>17928706
kino protestant music

>>17928762
first time in 90 years, so yuppers, bout once in a lifetime(ish)

>>17928666
fuck off satan

Im just excited to watch this thing burn desu

It's too stupid to buy in now. Every morning for the past 3 weeks I've seen 'bullbros' in the morning always trolling about then once the market craps itself they are all GONE. It's an absolute spectacle and I get a good giggle out of it. Regardless, we still have a ways to go. It's presumed that there may and/or will be a shutdown soon, and once the numbers pour out I expect lots of behind the ball investors (the watch the news and react accordingly types) to sell off. It's very dumb to buy back in now. Wait until the dust settles and let the selloffs continue. So what if Ford or cruise line dies. Their liquidation opens up the market for better cruise lines in the future. The boomers way of thinking is to keep themselves (mostly dead) and other mostly dead things alive. It's a parallel thought process and outrageously detrimental. Most of them are spiritually dead already, and they will continue to produce it until they pass, unfortunately. Their self centered thinking in this case should be a learning experience to all of the younger generations. Think big. Think new. Think, heaven.

One again /smg/'s I Ching reading for tomorrows market.
Bi – Adorning

Gen (Mountain) above Li (Fire) below

Sequence of Gua: Things cannot be exterminated and united abruptly. Thus, after Eradicating, Adorning follows.

Decision:
Adorning.
Prosperous and smooth.
Slightly favorable.
There is somewhere to go.

Commentary on the Decision:
Adorning. Prosperous and smooth.
The yielding descend and adorn the firm.
Therefore, there is prosperity and smoothness.

The firm ascend and adorn the yielding.
Therefore, a little favor; there is somewhere to go.
This is the adornment of Heaven.

The brightness helps people to act
In accordance with the proper time and proper situation.
This is the adornment of humanity.

Watching the adornment of Heaven.
One can see the changes of the four seasons.
Watching the adornment of humanity,
One can educate and transform all under Heaven.

The moving line is the Top Nine:
Adorning with pure white.
No fault.

Commentary:
This is the host of the gua. The Yao Text says, “Adorning with pure white. No Fault” This line has reached the uppermost place of the gua. Things that go beyond the extreme alternate to their opposites. One at this place adorns with simplicity. The upper gua is Gen (Mountain).. The upper most line here represents a person of high virtue and wisdom for whom external ornamentation is not important. Priority is given to inner beauty and simplicity. This is the key point of the gua. That while putting on adornment one must still preserve one's own beautiful nature. This attribute make this line the host.

>>17928876
Is breddy exciting

>>17928885
so this guy saying shit finna drop or moon?

>>17928954
Judging from the moving line I would say it is telling people to step away from the market and focus on inner wealth. Also to cut costs and live modestly.

>>17928954
Pure market is all moves simultaneously at all times past and future.

>>17929002
that would be ideal life style to follow anyways, but even that seems far away without having my own place i can call home yet, soon tho hehe

>>17928885
>That while putting on adornment one must still preserve one's own beautiful nature.
That is the key here, don't let you losses or gains get ahead of you. Calm down and take a day to think it all over.

Does TVIX's price directly correlate to the rate the market is falling? Like once we're at the bottom TVIX will drop back down to less than 200

>>17929084
same:(

>>17929072
basically, ohlc is unecessary noise, hl candles are all you really need

>>17929118
Wrong thread. I appologize for the retardation.

>>17929118
TVIX is volatility, not market price

TVIX can skyrocket on a +20% day just as much as it skyrockets on a -20% day

>>17929154
Thanks for clearing that up. Was kinda confused on the concept.

>>17929118
>>17929141
This is what not sleeping in days does to a man.

>>17928630
WHAT SHOULD I SHORT?
>WHAT SHOULD I SHORT?
WHAT SHOULD I SHORT?
>WHAT SHOULD I SHORT?
WHAT SHOULD I SHORT?
>WHAT SHOULD I SHORT?
WHAT SHOULD I SHORT?
>WHAT SHOULD I SHORT?
WHAT SHOULD I SHORT?
>WHAT SHOULD I SHORT?
WHAT SHOULD I SHORT?
>WHAT SHOULD I SHORT?
WHAT SHOULD I SHORT?
>WHAT SHOULD I SHORT?

sqqq?

>>17929187
see
>>17928805

>>17929235
Thanks.

>>17929219
everything, then all cash on friday, then short it all next week

Will it ever end? If it keeps going like this I hope the virus kills us all.

>>17929291
Why are we still here? Just to suffer?

Oil diverged from index futures this evening. Interesting.

>>17928762
Those endless days of indexes melting up, non stop buying only interrupted by the occasional controversy that was old news within a couple of days. All of the cheap money, stock buyback programs, insane PE ratios; the chickens are coming home to roost

>>17928630
I have thousands of dollars en route to my robinhood account. A decent chunk of my savings HOWEVER I'm young so I can consider taking the risk.

Considering writing (selling) options to make easy money off of the high premiums. Get the vibe I should be buying puts tho considering all those making easy money. Advice?

>>17930005
>>17930005
>>17930005

NEW


>>17930005
>>17930005
>>17930005

or maybe this is the backup new, idk

>>17928884
You’re a retard if you don’t realize the people posting bull memes and bear memes are the same.

>>17928903
No it’s not you just think that because you’re resentful at the world and probably Canadian
>>17928885
>Bi above Li
>BiLi
BROS WHAT COULD IT MEAN????

>>17930129
sometimes posting both in the same thread

>>17928805
I’m still 70% long, but don’t want to realize losses and pretend I can time the market!!!
Just fuck my shit up im a 1920’s bagholder!!

>>17929702
>advice?
he's not going to make it

>>17930148
>you’re resentful at the world and probably Canadian
okay but it's still breddy exciting