/biz/ - Business & Finance

first for AAAAAAAAAAAHHHHHHHHHHHHHH

BULLISH
U
L
L
Im held captive and forced to buy stock
S
Help

What's the market spirit animal of a flatline? The inchworm?

Nth for this fucking market.

singles and its all green my frens

RUSSIA IS STAY AT HOME TILL 30 OF APRIL

>He sold

What is it about cute girls eating burgers that makes me diamonds?

My entire portfolio is based around biotech, and it's getting FUCKED.

What everyone needs to learn is that the decline will continue, but it will not be because of any specific news like jobs. It will just dump out of nowhere, for no reason. The elites picked a day at random.

When will Tesla release Q1? Tomorrow?

these dry pumps are pathetic, -3% by EOD

who else here SPXL and SPXS at the same time
literally can't go tits up

OOOOOOOooooooaaaaaaaaAAAAAAAAAAAAAAAAAAAAAAAAAAAAaaaaaaooooooooooOOOOOOOOOOOOOOOOOOOOOOOOOooooooooooooooooooaaaaaaaaaaAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>buy the dip, sell the top
>get back in too early and lose it all

>>18246059
did they have bigger teeth implanted...

Wondering if I made a mistake buying CCL for a volatility play. After it went down 30+% i figured it would eventually get back to 10 to 11 bucks a share

>>18246070
what are you talking about we are already .5% up on the worst jobs report of all time. Nothing can stop the market from going up, absolutely nothing.

>>18246081
The /biz/ way

NEVER BELOW 21k AGAIN - WHO CARES ABOUT THE WORKING FORCE FUCKING BOBOS BTFO

>>18246051
>6% of labor force wiped out for at least 4 months
>15% by next week

What's this pattern called? The baited bear?

>China investigating a coffee company for misreporting sales
the absolute gall

>>18246090
>Nothing?

>>18246096
give it 5 minutes

>everything that has happened
>everything that will happen
>everything that could happen

when it's 10 million unemployed next week we're hitting 25K MINIMUM

>jobless claims 6.6 mill
why wouldnt the parasitic "markets" "rise" upon hearing how desperate and immiserated so many have become. won't we be so easy, so pliable when we are forced to try and reenter the labor market? what an opportunity to lower expectations and labor demands to rock bottom, right?

>>18246061
https://www.youtube.com/watch?v=g79wV5JVrnc

>>18246028
Long anime. Buy BILI

NEW NUMBERS OUT 66 MILLION UNEMPLYED BOOG INCOMING BLOODBATH TODAY SELL SELL SELL

Unironically priced in

>>18246123
Shut the fuck up, wagie.

>>18246075
lol

>>18246120

>stocks flatline for the rest of eternity

SQUEEEEEEEEEEEZE

Complete newbie here
Why the fuck can I not trade options on robinhood? Also, what is a better instant platform for this than robinhood?

Hehe
Line go up

>>18246113
long-horned grizzly

>>18246115
Lol I'm not surprised. Check out the movie called "the china hustle" they do this all the time

What is Jerome even doing?

>>18246028
What's she doing with two burgers?
No way she can eat all of that

>>18246133
6.6* my bad

>>18246055
lurk moar

>>18246140

>>18246132
>Investing in China
>Ever
Feeling lucky, huh?

>>18246143
yes

>>18246151
he's laying people off

>>18246089
probably not for weeks or until they can secure credit for their debts. they are getting zero gov bailouts

>>18246143
you have to enable options trading

i baited the bogs with a bull position get ready bobros, they expect one of us at the wreckage

Could we see a pump to 270 and then legs down? Looking on 1M scale

>>18246143
Because you don't have options enabled. Plus fuck RH. TD Ameritrade is free and a million times better.

Does anyone know the target price of DHT and TNK? They went up decently yesterday, lost those gains today, and I'm trying to figure out if they'll bounce back or level out

>>18246055
Crab snibbity snab

It's still going to go down throughout the next week or two. Stupid bulls

>>18246151
This isn't him. This is MMs snapping the bear trap closed.

>>18246143
TD ameritrade, and do not trade options as a newbie. Learn about them and if you want to short, buy SQQQ or SDOW

I'm hemorrhaging money out the fucking ass.

>>18246151
New York is in a state where all the 1s and 0s can no longer be shipped to the banks

>>18246120
you forgot to add everything that cant happen

>>18246167
double any more legs down man. this is the v shaped recovery everyone has been talking about.

FUCK THIS CRAB SHIT NIGGA AAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHH

Okay, now no more volume until 3pm, right?

>>18246166
The bear rises, brother

>>18246185
tru

>>18246169
I don't know a price target, but the Saudis haven't stopped pumping oil, so they're going to need more tankers.

>>18246064
based retard learn to code

>buy a bullish and bearish etf at end of every day
>next morning, sell the one on the corresponding dip/pump and then hold the other for the inevitable reversal
like clockwork

>>18246188
Does it matter?

so the worst the news the better for the market?

So priced in means that the stock market is going to be apathetic to literally anything that could happen. 10 million deaths overnight? No problem! Nuclear bomb in NYC, no problem! It’s like all the big players had a meeting and decided to just sit back and not touch the market

lots of cheapies around! median stocks down
60-80% already, cannot go lower. amazon and big names unmoved

>>18246133
mortgages are halted and trillions gibs coming pumping inflation

>>18246137
He's right. Kill yourself kike.

>>18246137
based angry wagie.

that anon is right, though, wagies are the only ones claiming unemployment and they don't matter so it's no surprising we're going up up up

comfy middle class people are at home jerking off while on their zoom meetings watching the office and buying up every dip

anyone seen SNSSfag and Bagholdingfag? I hope the tripfags have not killed themselves.

>>18246107

>>18246198
>when youre a crustacean

Sorry to break it to you anons. Green on the next tick.

>>18246207
Yes
Next week its gonna be 8 million and we will go to to the moon

>>18246196
How will that help me?

>>18246214
rent free

AAAAA WHAT THE FUCK HAPPENED TO BAM.A

>>18246166
you did it!

>>18246208
You can't fucking compare sudden massive events to jobs data you mongoloid

>>18246210
>cannot go lower
things can ALWAYS go lower, anon
but if something is ridiculously undervalued right now, it's still going to be undervalued later even if it drops further.

>>18246218
based

>record unemployment claims
>everything stating to default
>markets rise
What is this clown world?

>>18246028
What... What the fuck. WHY is nobody pointing out this out? The FED was never even honest about the quantative tightening policy in the first place.
Is the market about to start gettinf fucked for the next two consecutive years??
I think we're about to hit negative interest rates. The government pays the fucking businesses to take the USD loans. Sick.

>CARNIVAL SELLING OFF

>>18246233
I just wanna make a coin or two anon pls

Anyone else DCAing into this depression? I'm a long term retirement investor.

>>18246166
His name is Robert Paulson!

>>18246227
oh the stock split

cool I guess

Go all in on APOP, fags.

>>18246249
JEROOOOOOME!!!

>>18246117
I am waiting and waiting. since your last post we gained another 0.3%. BTFO BOBO

>>18246208
>worldburners this asshurt

Kek, we are literally transitioning into a new golden age. Its all. p.r.i.c.e.d i.n.

>muh jobs
>thinking people aren't simply filing for it to get the trump bux regardless of their status
>thinking the umemployment rate will mean shit if people actually will have buying power

>>18246058
Not to say this won't affect things but "stay at home" orders are literally just suggestions. Unless you fine people for going out etc. it's a very half-assed approach

>>18246120
False. This only applies to bad news.

>>18246207
yes, thats how manipulated markets work

>>18246255
I haven't stopped buying but that CX anon was full of shit.

I want to buy puts because it is the right thing to do but the Fed can stay solvent for much longer than I can.

>>18246123
>"immiserated"
kek

>Luckin Coffee disclosed Thursday that an internal investigation has found that its chief operating officer fabricated 2019 sales by about 2.2 billion yuan ($310 million).
>The coffee chain previously said net sales for the first nine months of 2019 were 2.9 billion yuan ($413 million).
So the company snitched on themselves and likely at least 70% of their sale numbers for that year were fabricated. Should have just done what their government does and keep on lying.

>>18246195
Thoughts on when the oil argument will end? I also imagine that tariffs on their oil would encourage them to just stockpile even more

>>18246173
Youve had one red day and a yet unseen day today. Face it, nobody knows what the fuck is going to happen. The last two weeks have been bears screeching that it should be going down and I was one of them.

>>18246296
How do we even know this is true? The lie could be a lie.

>>18246159
Capitalists have been investing in China since the 70s. Not their fault normies seem to pick the shittiest company to invest in every fucking time

What puts are you guys buying?

>>18246055
a crab you fucking newfag idiot

MY PUTSSS AHHHH MY PUTSSS


COULD WE SEE A PUMP TO 270 NIGGERS???

>>18246305
It was red yesterday because of the jobless numbers. The market is behaving correctly, we're just a day or two behind the market makers on info.

>>18246028
Hambaga please

>>18246268
we will see but i'm still up on sqqq

>>18246280
they do fine people and unessential business are closed

IMMEDIATELY bogged again

>>18246296
cheating is the chink way

Hang Seng market barely moved, China is
overtaking Usa. Investors not amused with totalitariasm. Mediterranean economies will be no-go-zone for any investors for long time

>>18246218
Now they're going to bed
And my stomach is sick
And it's all in my head

>>18246276
Based peanut-brained retard, state + fed unemployment comes out in most states to be under 1k a week. And you can't collect unemployment if you quit voluntarily.

i really hate this fucking faggot crab

why is there never a forex general

>>18246332
wait til' EoD and get completely rekt.

>>18246252
>I've owned SQQQ and SDOW since 2019
>Leading stocks have a PE ratio of 2,000 and bonds went ass up a year ago, yet the market is suprised

lol the funny lines are confused

>>18246269
DEATH TO THE FALSE EMPEROR

>>18246218
lol that old crab bastard is at it again

>>18246321
>Buying puts
I dont think so, kiddo

there is literally no good news on the horizon and it's going up. What the fuck?

>>18246198
>simultaneously holding a bear and bull etf

>>18246179
Not the same guy, is TD Ameritrade the same as Thinkorswim?

>>18246329
One burger and two times the being stepped on
Got it

>>18246324
I'll take my savings, double my account balance, and buy SQQQ.

>>18246224

>cuckin coffee

OH NO NO NO NO NO

>>18246028
give me source on anime

>>18246382
kek, based retard

>>18246339
Totalitarianism is the basis of government competency. All the Asian countries that got the virus under control either are authoritarian or previously have been authoritarian in the near past

>>18246207
Bad news means the feds panic pumping, good news means Jerome taking the day off

So it's concluded that Pokimane was literally the top

Welp WealthSimple has decided not to work this morning, I guess it's good nothing major is actually moving

>>18246393
Its just some twitter animation
Sorry

>>18246369
Memes aside idk what people here are sperging about, this is a legit bear market as any other.

>>18246387
tech stocks are one of the only sectors able to make a profit in this economy because theyre all working from home, short S&P500 not the NASDAQ silly

>hurr bull
>durr bear
>trying to do gradeschool fundamentals

>>18246345
>quit voluntarily
>implying the business won't initiate it because it's a win win for both the employer and the employee

>>18246233
The jobs data IS a sudden massive event. +10% unemployment over a 2 week period doesn't count as a "sudden massive event?" The US economy is burning to the ground around our ears.

All the profits I'm going to get from cheap oil will singlehandedly save the economy.

>>18246401
we need to collectively find the bottom now
calls from rappers that their investments are gone and they are selling their jewelry?

>>18246418
not only that, it's the fucking unemployment number. we might be approaching 50% labor participation. it's fucking mad.

>>18246418
doesn't matter, line goes up only

>ate this last night
>now have food poisoning and probably coronavirus
Bullish?

>>18246418
Priced in yesterday.

>>18246406
>when the artist is clearly a feetlord
uhhh based department

Printers are online.

>>18246415
Oh noooooo
They told me this was the return to normal
I’m financially ruined!!!

>>18246418
Stocks are lagging indicators

XOM ON THE BREAK OUT
>XOM ON THE BREAK OUT
XOM ON THE BREAK OUT
>XOM ON THE BREAK OUT
XOM ON THE BREAK OUT
>XOM ON THE BREAK OUT
XOM ON THE BREAK OUT
>XOM ON THE BREAK OUT
XOM ON THE BREAK OUT
>XOM ON THE BREAK OUT
XOM ON THE BREAK OUT
>XOM ON THE BREAK OUT
XOM ON THE BREAK OUT
>XOM ON THE BREAK OUT
XOM ON THE BREAK OUT
>XOM ON THE BREAK OUT

>>18246406
I feel weirdly turned in by this? What's this genre of cartoons called?

>>18246321
You have not even seen my final form, mere mortal.

>>18246435
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>18246302
I originally thought mid April, but at this point who knows. Saudis ignored Trump's plea to stop drilling. I think the US may use this opportunity to bankrupt Venezuela, at which point we send in boots on the ground, install Juan Guaido as President and try to stabilize the price of oil. However, it does look like people are fleeing to the big boys today like XOM and RDS.

LINE GOES UP, RICH GET MONEY, WAGIE GET INFLATION. PRAISE THE MARKET

Going down

>>18246415
state pays unemployment but the business is liable for it in some form, they would never initiate it to benefit the employee

>>18246251
Hah, that's the shit you get from laughing at the EU.

Look at you! You're the EU nao :)

>>18246443
oh sick right after I sold it! YES!

>>18246113
It's called, "what the fuck are you doing putting money into Boeing?"
Seriously, I've been looking to buy into the company for a good bit, but management STILL have not turned the company around and are showing no signs of intelligence.

>>18246249
Priced in m8

Stocks go down!

>>18246456
going up

>>18246214
>caring about felons

>>18246395
Answer the question bitch, and no I don’t know what google is

What THE FUCK

>>18246382
TD ameritrade offers the free trading platform thinkorswim to its members

>>18246159
This
Never ever invest in China.

>>18246443
Tempting to short XOM.

I never shorted a stock before. I don't understand the dividend thing. Where you owe the dividend. It makes no sense.

>>18246339
Mediterranean economies have been a no-go-zone for years anon their economy has been in the shitter for the last 20 years

THE FUCKING FEDS SHOULD BE IN PRISON

>>18246444
it's called god tier pandering

Oil cut deal with Putin reached. Im financially ruined now. Everything is gone.

>>18246433
>>18246444
Thats Kanbaru from Bakemonogatari.
Shes a lesbian monkey
And the genre is "Who knows?"
https://www.youtube.com/watch?v=CeyytYDKHOU
>>18246449
No, Jerome!
The world could not handle it!

I'm fucking ruined.

oil go big up

I WONT FOMO I WONT FOMO I WONT FOMO I WONT FOMO

>>18246430
How was it? Taco bell is bullish

>>18246481
I promise you, you don't want to do that

JEROME STOP THE FUCKING PRINTER...GIVE EM A BREAK WILL YA?
NO JEROME NOT THE BOOSTER!
JEROOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOME!!!!!!
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

WHERES MY GUN? WHERE IS IT

why is the number green

2min away - Stop loss triggered from my high leveraged puts - wtf was that, lmao

I hurt myself today.

>>18246393
BVLLs fucking won. Its over, its going to the moon.

>>18246418
>+10% unemployment over a 2 week period
Gee, I wonder why? If only there weren't such a thing as trump bucks.

>>18246440
Learn to read charts dumbo, it's going up.

>>18246460
>they would never initiate it to benefit the employee
No shit captain obvious.

>tfw sold DFEN at a significant loss yesterday and now it's going up today

Just fuck my shit up.

DONALD
https://mobile.twitter.com/realDonaldTrump/status/1245720677660925952
MOTHERFUCKING
https://mobile.twitter.com/realDonaldTrump/status/1245720677660925952
PUMP

>>18246492
>the biggest 3 day rally since 1933
But 1933 was in the middle of the great depression, why would people brag about this? You're just admitting that it isn't going to get better in the long run.

>Crude Climbs As Trump Expects Saudi Arabia, Russia Dispute to End

Wait. So oil is climbing on that retard "expecting" a deal with Russia, something he said without even thinking about it probably.
How retarded are buyers?

>>18246497
We all are. Get used to it

>>18246505
Like fucking pottery, S&P stops at 2500. holy fucking shit, we're Japan now

>>18246055
>market spirit animal of a flatline
He snibs the bull. He snabs the bear.

WHY IS OIL EXPLODING +20% ????

WHY IS OIL EXPLODING +20% ????

WHY IS OIL EXPLODING +20% ????

WHY IS OIL EXPLODING +20% ????

>>18246501
>GUSH
ooooOOOOOOOO

>Oil

>>18246492
>some retard actually thinks these lines are real
those lines are memes. It isn't a real pattern, and those lines can't possibly represent real support and resistance. The closest that could be to a pattern would be a bullhorn pattern, but you would need a strong middlepoint for it to exist. So you're fucking wrong. The markets are going down, but not because of why you think.

If oil is jumping why are tankers crashing?

>>18246521
>Hopes and dreams
What a faggot

LMAO worst job numbers ever second week in a row and we're up 1.7%

FUCKING MOTHERFUCKERS PUMPING AGAIN
FUCK THIS BULLSHIT
WHAT THE FUCK
FUCKING MOTHERFUCKERS PUMPING AGAIN
FUCK THIS BULLSHIT
WHAT THE FUCK

>>18246530
Trump tweet about Putin and Russia

>>18246517
maybe don't write dumb things then captain retard
>>18246415
>implying the business won't initiate it because it's a win win for both the employer and the employee

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

>>18246521
>I expect & hope

So its not happening.

>>18246539
tankers are there for excess. we still have a demand issue.

>>18246521
im gonna be rich frens

>>18246542

We will end up +5% today

OIL IS SAVED BOYS

>>18246474
good lord. What a grand recovery
bears btfo

>>18246463
It wasn't supposed to happen this crash. Not yet. It's just so fucking illogical... Why was I born into clown world, anons?

And I am done.

Oil just killed me. 99% loss. Goodbye boys.

WTI?

Now that the dust has settled and the bottom was put in, how long until the next ATH?

>>18246517
>Gee, I wonder why? If only there weren't such a thing as trump bucks.
Oh boy a one-time payment of $1200 dollars! That will surely cover my rent for the 3 months or so that we'll all be in quarantine!
Not.
Fuck off, retard.

>Oil

WHAT THE FUCK OIL IS EXPLODING

I DONT FEEL SO GOOD $DRIP BROS

>>18246521
Wow, i can't wait for the two fucking villains of earth to strike a miracle deal to bail us out

>>18246552
Demand issue in what sense, I'm under the impression it's an issue of too much supply due to people not wanting to sell while the price per barrel is so low

>oil pumps on a baseless trump tweet

I dont even have money riding on this and i'm still mad, how has humanity made it this far being so incredibly stupid

>>18246493
>tfw bagholding 4/3 USO calls
>tfw they're going to expire worthless
>tfw if I had a week later on expiry I would be printing

reeeeeee

Fuck it, im out. See ya at close.
This clownmarket is too exhausting

FUUUUUUCCCCCKK

>>18246470
It isn't :(

Lmao I'll never understand retards who shorts something that already fallen to oblivion.

REMEMBER THAT OIL DEMAND IS STILL EXTREMELY LOW AND IT WILL ONLY KEEP GETTING LOWER AND LOWER

IT WILL NOT SAVE OIL, IT WILL KEEP GOING DOWN

>>18246575
yes, it's a supply issue because there's hardly any demand. slowing down only buys time. we aren't active enough.

What the heck happened to Oil? XOM just exploded.

>>18246382
Yes.

>Trump tweets nonsense
>Oil goes up 40% in like 5 minutes
I have no money in that game but Im mad on behalf of everyone who was.
Thi is just pure madness.

>>18246577
Same..... big REEEEE

>brent +40%
>wti +30%
wew lad

everyone is getting snibbed

>>18246339
Wtf I love communist states that produce shit good with slave labor and shut down every year with plagues noa

>>18246565

*ring* *ring* *ring* *ring* *ring* *ring* *ring* *ring* *ring* *ring* *ring* *ring* *ring* *ring* *ring* *ring* *ring* *ring* *ring* *ring*

>go to grocer this morning
>shelves nearly completely bare
>not a single roll of TP or paper towels
At least stocks are still rising, we gon' make it, bros.

>>18246550
I know, but now is not the time to buy stock.

Every FUCKING time I try to make money, Trump fucking tweets and WRECKS IT I WANTED TO DCA INTO OIL NOW I'M SITTING ON $15K CASH WATCHING THIS SHIT PUMP

>Was contemplating getting into oil some days back
>Nah... Ill wait for it to go down more
>It shoots up

The FOMO is killing me rn bros

uhh so i should short some oil stocks yeah?

>>18246611
Its already dropping
+23% now

>>18246623
unless qt is lifted or war declared, keep waiting

>>18246595
Okay so if there's hardly any demand then why is the price going up? Maybe I'm stupid right now, but my understanding of economics says demand high and supply low means prices go up, but when demand low and supply high then that suppresses prices

>>18246576
This is what happens when retards are given the ability to participate

>>18246623
I know the exact feel lol

>slept in and my ERX opening gap-down protection stop triggered
>could have made 14 bucks if it didn't
Oh well, healthy sleep is important.

Why are retards taking Trump's tweet seriously? He's a compulsive liar. I thought professional brokers were supposed to be smart, /biz/.

>>18246625
This is something nobody could predict mate. Dont beat yourself up about it. Its like thinking of buying Ford and Trump tweets "Ford is good and safe. Greatest cars in the world" the next day and F goes to 50$.

Nobody can predict that clown

>>18246653
They realised he was talking out of his ass. Oil is already dropping

wtf is going on with oil?

Intraday gap of over a dollar on oil. That's an unbelievable move.

>>18246542
Problem is not that they're the worst ever, that could be priced in. But they're twice as bad (6.6 million vs 3.1 million expected) as expected and the market is still pumping.

>>18246644
trump unloading his bags haahahah

>>18246659
Trump said he thinks it will go up or something
Clown market

>armchair financial analysts with their gradeschool speculations
>idiots can't even read basic numbers

>>18246653
>I thought professional brokers were supposed to be smart
if you were smart, quickly bought and then dumped it on some fool at the top you probably made a good deal of money

>>18246653
Day traders are not professional brokers

What’s the deal with $FANG buy puts?

>>18246617
That movie was fucking garbage. The opposite of The Big Short or Wolf of the Wallstreet, both of which were fun.

>OH NO THIS "THING" LOOKS BAD
>OH NO WHAT WILL WE DO ABOUT THIS "THING"
>OH NOOOOOOO THE "THING"
>SUCH A SMART MOVIE, YOU GET THE "THING"? NUDGE NUDGE
Basically 2008 movie for the retards who want to feel smart while watching a boring chore.

>>18246653
professional brokers buy early in the pump and dump their bags when retail fomos in after

I JUST BOUGHT ALL THIS GAS AND NOW ITS GOING BACK DOWN?? IM FINANCIALLY RUINED

>Jump on GUSH as soon as Trump tweets
>Goes up +5%
>Sell
I don't trust this fucking market to not just fuck me over if I hold for more than 5 seconds, I'll take it

>>18246653
Professional Brokers operate during the first 10 and last 20 minutes of the day. Anything in between are retail investors

>>18246659
>>18246676
Imagine not buying oil stocks last week during the dip. Literally the easiest money you can possibly make over the next few decades

>>18246684
>TA

>>18246684
>trump tweets
>clown market moves
>thinking TA has anything to do with it

Anyone else cash out on $LK, doubled my $200, easy money

Wish I had more to invest

>EMA(5) and EMA(20)
>buy EMA(20) if EMA(5) is above, short EMA(20) if EMA(5) is below
>use a volume weighted indicator of your choice for confirmation of buying/selling pressure
>use some multiple of the ATR (usually 2x) for initial risk and scaling out target of half of your position
>sell the rest whenever the low of the past 2 candles is broken

it's so easy. why gamble when you can just make easy money?

3.1k comments 4.5k RT 14.6 <3
oil moons
all within 12 minutes
what will happen when the actual news comes out

DADDY PUMP JUST PUT ME ABOVE WATER ON THE MONTH

I fucking regret my initial $5 limit sell on USO though, it just fucking blasted past that

>All this volatility the day BEFORE NFP
tomorrow is gonna be a bloodbath

BULLBROS WE GOT TOO COCKY

that 10:30 pump saved my ass

>>18246638
>demand high
who the fuck is using it? Everything is shutdown. We need tankers to hold the excess. We need to see SA make good on their promise and for Trump to not be slanting his statement in any way. I think there will still be an excess of barrels.

>>18246692
t. redditor

>>18246443
I bought a shit ton of XOM and COP like two days ago. I penis can not be more erect

>>18246722
what is NFP?

>6.6 million unemployed
>SP500 up 2%
>Trump tweets about oil
>Oil goes up 30% without a reason
Im done for today lads
I cant handle that amount of memery
>>18246705
The first companies are literally going bankrupt
Demand is decreasing and supply increasing. There was no reason to buy oil or oil companies right now.
The price might literally crash in 30 minutes when MBS says he has no idea what Trump is talking about

>>18246711
>>18246709
https://www.youtube.com/watch?v=ULeDlxa3gyc

>>18246692
margin call wasnt about the event, it was about the performances of jeremy irons and kevin spacey and that guy from a knights tale

Oil bros.....

Wtf is with BNO right now.

Is it hitting breakers or what?!

>>18246692
Margin Call was not very good but The Wolf of Wall Street was pure, unfunny garbage
Still have to watch The Big Short

>>18246696
And is it a surprise that they started the bio apocalypse!

>>18246028
I've given up trying to understand the stock market. Job reports came out yesterday that 6.6 million more Americans are unemployed than last week and it just keeps going up. Are Wall Street bros living in a different reality than the corona-chan verse we're stuck in?

>>18246123
The smart boomers are getting out early and selling to dumb milennials who think they're smart by "timing the market" who will then baghold for +30years.

>wanted to all-in oil yesterday
>was berated by you stupid faggots, and listened
Holy fuck you garbage faggots are just going to claim you take the inverse position to everything you say on here but I simply don't believe you. You really are just a bunch of know nothing retards and maybe crypto taking this board over is a good thing, at least those morons seem technically literate on the bullshit they espouse.

>>18246744
at 8:30 tomorrow morning, prepare your anus

>>18246744
google it you phoneposting retard

>>18246746
>might literally crash in 30 minutes when MBS says he has no idea what Trump is talking about
please dear god let it be so. BOG this fucking market.

>>18246696
thats a canadian gas can

Moshi moshi! e-EEEEEEEE?!?! Y-you want me to stop this price war me and Russia started for absolutely no reason at all besides flooding your market in the middle of a financial crisis to ruin you as a competitor? Why sure Trump desu ne~

>>18246718
I get all that except for the ATR multiple. Is the ATR for determining if you should go in or not?

>Schlumberger up 14.88%

Clown Market

>>18246769
No idea man
No idea

I might change stategy for now and just hunt for single companies like Lucking Coffee that get some big moves coming up with earnings reports and such.

oh my god. the new york times just discovered all the oil barrels are actually filled with the blood of slaves

>>18246692
Typical /biz/nisman. Doesn't appreciate the subtleties.

>>18246769
>he still thinks stock market value is tied to actual labor

>>18246769
Yes they are

>Woohoo! Your order to sell 10 shares of BNO has been filled at an average price of $9.10 per share.

>Your order is complete.

Jesus Christ, I actually managed to make a profit off BNO based on HOPE. Never touching oil futures ever again.

>>18246781
OHIO MbS-san ~~

>>18246684
What are you on about nigger?

>>18246773
1. i did google it. there are many potential answers
2. im not phone posting
3. i am superior to you in every way
have a good one

maybe another 11oclock bear rally?

keep day trading you idiots. The best way to lose money.

>>18246769
yes, the jew reality. join them or stay poor

>>18246769
priced in, are you dumb or something

>>18246757
SHIT SHIT SHIT I MISSED IT

Literally no one could have predicted Trump dropping a tweet that riled demand from bottom feeders on oil. Zoom the fuck out. It's still going to downtrend.

>MORE STIMULUS
>PRINTERS FULL SPEED AHEAD

>>18246617
>>18246692

You watch those movies with all the drama. But reality is far more mundane.

I shorted exxon.

Bought into SPXS during the oil pump

now watching reality set in as everyone realizes that trump tweet didn't actually mean anything

>>18246781
100% this. Drumpf is just lying again. I swear to god he has his family hit the button to buy or sell just before he tweets something like this.

“I expect and hope”, well you see I didn’t say it would happen I just hoped. :^)
Sorry about raping you both on puts and calls.

>>18246656
Thanks
Do you reckon itll go down tho?

wew, that taco bell came out good

>bitcoin goes up with oil news
the absolute state of cryptoshits

>Any sector gets hammered over the past few weeks down to like -80% and there's clearly no selling pressure left
>small pop relatively speaking due to positive news or just a short squeeze
>OMG WHY IS THIS SPIKING?? THE MARKETS ARE SO DUMB

I swear to god I sold RDS at 36.00 with a decent profit (bought on Monday) and the fucken king of you burgers makes a tweet

>>18246721
What app is that?

>>18246834
If I had any idea I would buy something

>>18246821
good thing I sold all my USO at a 20% profit literal seconds after he sent his tweet

>>18246604
>>18246479
Thank you fellas, I appreciate it

>>18246810
>there are many potential answers
so you are retarded. Got it.

>>18246820
This. Very much this.
FUCK

>>18246844
you should have had it your way

>>18246837
lol
xd

>>18246808
If you weren't such a retarded cattle you could have positioned yourself properly, benefiting from all this volatility.

>>18246842
Wealthsimple, it's like Robinhood but worse and for leafs

NEW
>>18246868
>>18246868
>>18246868
>>18246868
>>18246868
>>18246868

>>18246720
based god emperor trump

>>18246818
Shut the fuck up, Ari.

>>18246592
yeah but ride the news spike


REMINDER THE ONLY REASON MARKET IS GREEN RIGHT NOW IS 1 FUCKING OIL TWEET BUT THAT HASNT CHANGED REALITY FOR EVERYTHING ELSE

When does Trump (and other gov officials) obviously manipulating the markets for his own personal gain become priced in?

>>18246198
>>18246378
I take it back
this is a clever way to get around day trading rules, if that's what you're using it for. You still lose an average of around .1% on the first trade though.

>>18246418
No, because a massive jobloss was expected to happen. Was 9/11 expected? No, it was a massive sudden event that tanked the market. Comparing the two is retarded and you know it.

>>18246870
Tfsa?

>>18246899
Exactly. Demand is kill. Hence why I shorted xom.

>>18246787
the ATR basically tells you how big candles are on average. 2x the ATR in risk would basically be saying if the price moves 2 whole candles against you then you're probably wrong and should cut your losses. 1x the ATR could still be a flat range (think of a green candle and then a red candle, goes up 1xATR then down 1xATR you aren't really going down you're just going sideways).

>>18246915
Tax free savings account. Any gains you make are 100% yours, gubment dont get any when you withdraw.

>>18246804
I understand it's not a direct relationship, but ultimately if people aren't making and buying things, there's no value being produced that the stock market should be based upon.

>>18246255
I guess I'm DCAing, but not very technical. Just making purchases here and there every couple day. Got any good resources explaining proper DCA?

>>18246623
what did you buy? a shitload of USO calls?

>>18246684
this is the era of robinhood market. world falling apart around them but they buy because stocks go up

>>18246418
the first stay at home order and closing of non-essential businesses was issued like 3 weeks ago. this is not sudden, it's old news.

>>18246565
puts?

>>18246505
nah you cant make money in this market fuck you fed will just steal it all for liquidity they could nuke new york and it'd still be fucking green with all this fed CIA NIGGEDRY

>>18246769
>are wall street bros

you are literally witnessing the era of the average NPC investor having market access.
this is robinhood. e-thots and redlit basedboys are all buying stocks because of /r/news. wall street bros are selling and pulling out their money to hold cash but they are now outnumbered by dumb money

>>18246771
Fuck off, nigger. You're responsible for your own actions. Don't listen to anyone who doesn't actually CONVINCE YOU with your argument.

>>18246781
>implying Trump didnt ask him to do it as a favor to bankrupt the badguys of the world like russia, iran, and venezuela

use your brain boy.

>>18246829
i held SPXS throughout this whole morning. i literally almost sold it i was getting desperately paranoid now im buying more

>>18247265
Ah how could i forget the country which flew two planes into the twin towers just loves us that much

>>18247301
we give them shiny new tanks and jets and missiles to fight shia muzzies and they love it enough to do anything for that

>>18246550
Do you time when you but individual stocks?

>>18247497
not really. i buy on a scheduled basis. bought some SBUX, T and JPM today. Probably buy some COST tomorrow. Just when I have the money to invest I throw it in the market

>>18246348
Post it here.
As far as it concerns me, because I'm euro, it affects hard on my stocks

>>18246910
>Was 9/11 expected? No, it was a massive sudden event that tanked the market. Comparing the two is retarded and you know it.
EXACTLY
You have to compare this to the Spanish flu in the 1918/20.
That's the comparisson. Not 9/11, not 2008

So is XOM going down or not

>>18246769
This is the one thing that isn't priced in. These fuckers can't imagine a world in which the market isn't in their control. When millions die and tens of millions are out of work, the market will shit itself.

Productivity is the real driver of the economy. Even libertarians agree.