/biz/ - Business & Finance

>he missed the bottom

I'M PUTTING IT ALL ON ENRON!

>he bought the top

Lads....

First day playing stocks. Im up 1.5%

>>18325360
>he thinks there's such thing as an absolute bottom

>>18325360
>he bought the top

monday green
tuesday green
wednesday green
thursday red
friday red

We have transcended bear/bull/crab markets.
We're officially in a clown market.

>>18325384
you have until may (to hold, exit part of the position, or exit all of the position)
that's not that bad, you'll be fine
just control your risk as the days roll by

>>18325392
I think we found it

>>18325360
You faggots too me to put 50k into sqqq on Friday!!!

>>18325384
how are you up, what?

>>18325410
why is vix at 40? thats a very bad sign for all bears.

Yeah, I'm thinking we're bullcocky.

>>18325405
it was always a clown market
people have been saying this since 2008, since 1997, since the mid 1600s in the netherlands, maybe back further than that

any system that is fully controlled by the whims of hairless monkeys wearing suits will always have plenty of clownishness
the clown eternal

I bought the "bottom" but I didn't buy enough bc poor. here's to the next pandemic eh boys

>>18325410

If that bullfag claimed old v for bulls can I claim long s for crabs?

ſnib ſnab crab bros.

What we shorting Bobros
Shorting DDS hard right now

>>18325407
>I think we found it
This world is full of bottoms, bulliboy.

>amazon is only selling disinfectant wipes to medical responders
lmao

EXTINCTION !

>>18325455
Zoom

>>18325471
Not yet unfortunately

>>18325051
Robinhood is good if you're broke as shit because they just have you ask yes/no questions to determine your competency. Actual brokerage services might have a guy call you and quiz you on how options work before enabling it on your account. And other brokers might have a bigger selection of shit to invest in and better pricing for some stuff.

tl;dr If you're retarded, RH probably has the last amount of safeguards to prevent you from bankrupting yourself.

>>18325462
there are bottoms everywhere
there could even be one hiding behind you...

>>18325471
We're gonna make it, each and every one of us.

>>18325392
That bottom seems quite absolute. If you know what I mean.

>>18325463
gib shelly gf!

REMINDER

give bojo your energy lads

>>18325489
>might have a guy call you and quiz you on how options work before enabling it on your account.
Really? Which brokerages do that?
I signed up for TD ameritrade and could only get up to level 2 options, can I call a dude and prove my autistic options knowledge to get up to level 3?

WHAT OIL STOCKS TO BUY AND WHEN?

The fed has signaled that it will do anything to prop up the markets up to and including themselves buying actual securities. Going long is as risk free as it can get. Wtf are you anons gonna do about that?

What brokerage are you all using? I'm on RH right now but I'm about to pull out and have heard that shit ties your cash up, alot of the others have mixed reviews

My gold stocks did well today, thank you Jerome for cranking out the inflation.

>>18325354
>just hold SQQQ bro

What do I buy tomorrow to get back my 16%

>>18325522

thinkorswim is very well regarded around these parts.

>>18325505
I decided to make a chart analysis too.

>>18325505
Yeah, and who cares? I'm still making money handling the swings.

>>18325354
New poll
Vote
https://www.strawpoll.me/19713880

Should I buy HSU on open again? How many 5 bagger days will we have in a row?

i can't believe it. we really fixed coronavirus.

>>18325392
We'll search for the absolute bottom together, Anon.

>>18325505
Good. Means my covered calls will expire OTM. Thanks for the premium faggots.

>>18325522
Schwab. Honestly not sure why it’s not more popular.

>>18325544
it's great, ToS is a really great and deep platform, their customer service is top notch, $0 commissions... I haven't really heard any strong arguments against them ever.

>>18325562
>5 bagger
Stob id. A 'bagger' is 100%. Five bagger would be 500%.

>>18325536
all in on spy 300c 6/19

>>18325573
People don’t know what it is had someone ask me if they can buy options on schwab like robinhood
SCHWAB HAS BEEN AROUND MUCH LONGER THAN ROBINHOOD PEOPLE

>>18325521
Even if the fed won't let it drop they aren't going to pump it to ATH either. ETF decay is going to fuck you if we crab for a few months

>>18325594
I'm feeling really bullish about tomorrow though, DOW 110,000 easy

>>18325587
they're fucking lecherous traitorous turbokikes

TORONTO DOMINION AMERITRADE

FOR AMERICANS ONLY

CANADIANS GET FUCKED

WHERE IS TORONTO YOU FUCKING KIKES

AAAAAAAAAAAAAAAAAAA

>>18325628
don't most Canadians dislike Toronto or nah?
I need intel from the north

>>18325597
>>18325573
redpill me on schwab
why should I use it over TDA?

when RH eventually folds, will the more traditional online brokers go back to charging for trades?

My gut says bull trap
My wallet says buy

I usually listen to my wallet when my gut is right...

>>18325628
he cant keep getting away with it

>>18325354
Always wanted to try and get into stocks but I've always been too brainlet for it. Can't even decide what brokerage to go with.

This overly bullish trend kinda sucks, all in all. I'm all okay for markets to go up, I mean, that's why I'm there in the first place. But am I supposed to DCA when it's almost back to where it was in like two weeks, if not less. I could only buy a bit, and that was already over. Where are my usual 12 months recessions that are perfect for DCAing? What happened to those?

>>18325646
probably not, robinhood isn't the only upstart brokerage with no commissions.

>>18325643
Toronto is like Jew York but gayer, but more importantly I WANT AMERITRADE YOU FUCKING SLUTS

>>18325646
Free trades was a long time coming and most boomer brokerages were just milking people. Robinhood let the cat out of the bag.

Finna kill myself of this market doesn't dump soon

>>18325657
TDA, Schwab, Vangaurd, Robinhood, all are fine
just try one and see if you like it :D

>>18325664
I'll talk to my people, we'll see what we can do
can't you get schwab in canda? that might mean that TDA is coming

>>18325628
>not living in the United States of America, the greatest country God gave man. And we're blessed to be here.

lmao can you IMAGINE? what a fucking NERD LMAOOOOO

>>18325659
You buy if it’s below your cost basis. Simple as.

>>18325628
TD acquired Ameritrade and ThinkorSwim. The volume isn't their for Canadian brokerages to go commission free. Feel free to write TD and complain, its one way things will change. Hell I think most TD waterhouse have no idea their american Ameritrade counterparts get commission free trading

>>18325659
You will get the week over week bleed. But it'll be over months instead of days.

>>18325664
it's called ameritrade not canatrade get your own brokerage leaffag

>>18325659
you sat out this whole time?

Did they cure corona? How are markets up 10 fucking percent since open??

Who else made good gains today with RTX, BA, and LMT

>>18325693
TDA got bought by schwab last year too
so now it's all big charlie

>>18325734
the upcoming cure is priced in

>>18325659
Do you really think this is over? Lol. There will be another leg down. Anyway, get an actual strategy so you won't get anxious in times like these

>>18325721
>dayoftherake.gif

>>18325659
I always regret not taking bigger positions per bite when I DCA

>>18325644
they're literally merging you retard, lmao

>>18325734
Clown world.

>>18325793
Dont worry, we aren't even close to the bottom.

>>18325685
You can't get shit except taxes and fees in cucknada. Every single human with even a modicum of power will nickle and dime you so that you can remain worse than a slave your whole life, be it banks or governments, schools or insurers.

Why is everyone sleeping on JETS?

>>18325685
robinhood isn't fine, robinhood is fucking garbage m8

>>18325734
Saudi pump + retards thinking corona's over + retards thinking the market's hit the bottom.

Okay, i am a poorfag wagie and new to /biz/, i dont know what 90% of the terms here mean. But i want a piece of cake from corona-chan. I invested $100 in some random shit (mostly restaurants) and made $14 so far. I want to invest another $100. If i make out of this crisis with free $500 im happy, i dont care/want to get rich with investing. What can i go completely blind and invest on that will get me there? Please faggots i trust this tranny autist forum more than yahoo

>futures rn

NOT SO FAST BULLKEKS

>>18325812
This is one of the few cases where you can just buystock in one or two of the constituents and probably outperform it.

>>18325801
>Dont worry, we aren't even close to the bottom.
vix is steadily going down and markets are rallying

welcome to another 10 year bull run, you should have never bet against america

>red futures
time to die bullnegroes

>>18325834
Investopedia, or go all in on SQQQ and check back in 12 months

>>18325834
Just remember: the more Qs in the ticker, the better.

>>18325834
If you don't want to think about what you're doing just DCA into index funds.
You're probably not going to make $500 from $200 though

crude oil?

more like rude oil.

>>18325834
Read the stickies and for god's sake read an introductory investment source that isn't 4chan.

>>18325826
it's fine for beginners who have never even made a brokerage account before
if you only have a few thousand dollars, RH is fine

If ive spent the last few weeks buying and selling stocks and made X amount of money, how much more money would I have made if Id been using options instead? If I did everything the same, but instead of buying the 100 shares I just did a call, would I have made more or less? (Assuming I wasnt going into the margin).

>>18325664
even when a canadian says slut it feels well intentioned

I'm not gonna make it

brb, gonna not make it for a while then comer back to continue not making it

t. didn't make it

>>18325801
>Dont worry, we aren't even close to the bottom.
I wish, but considering how the whole narrative is built upon preventing that, I really don't know. You have medias hyping up dubious treatments, talking about "peak" instead of plateauing for week (as if after the peak everything would be over in 2 days), Trump snipe-tweeting EXACTLY at the right moments to prop up the markets, making well timed conferences, tweeting fake news about oil agreements, short selling getting banned, the FED printing billions over billions. Honestly, at some point, you just can't fight that. The whole Road roller is going full steam ahead, and fighting them end up by being ran over.

>>18325350
See i want to take high risks like that. There's already about 2 stocks I couldve done that on. Wouldve been a 20% to 30% increase yet I keep pussying out. In addition these were safer bets unlike the riskier bets I've done that generally fail.

>>18325845
Which components would you recommend? I'm getting spooked on AAL, DAL and LUV due to memes

>>18325884
there isn't an easy linear relationship between options and stocks.

Some fools claim His divvy will get the ax. Fuck them says I, He has weathered much worse shat than this and came out on top. They claimed "oh the divvy is dead" during the Time Warner deal and the accumulation of the debt. But look at what has happened. He's paid the debt down like clockwork and kept the Fat Divvy nice and safe to boot. He's given the Govt the middle finger when they tried to block the Time Warner deal. Now people are using His network like crack to stream and send all sorts of things, nasty things oh yes, but still hey data is data and those bills will get paid by the sheep who use His network. His Divvy will be safe and sound and He'll give them the finger once this virus shat is over with.

I suddenly understand why bears are always seething and making excuses about powell this and muh cape shiller ratio that... I’ll just admit it, I got it fucking wrong.

FUCK

>>18325881
No, not good for anyone. Brokers shouldn't be down for 3 days. There are no commissions anymore, anywhere in america. Just go TD, once you use think or swim you will not look back

Its all so tiresome anons all I wanted to do was to make a small bit of profit so I can invest long but instead the only positive play I have made these last 3 weeks was buying a meme play on UPRO when it was 18 and sold at 22, but it was only like seven shares. Even making what seemed to be sensible short term plays like May 15 240p didn't work out, and I bought that at 251 on an upday.

IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP IT WILL DUMP

>>18325834
yeah 500% returns, sounds completely realistic.

BOBOS WERE RIGHT! WE BOUGHT THE TOP

125 SRTY cost basis 30.50; gonna sell half for any profit tomorrow then let the rest ride for the day unless theres a huge pump

>>18325923

>>18325923
most people didn't even think this pandemic woud crash the markets AT ALL.

>>18325892
damn these bitches sexy. Was that the whole point of the game? sexy bitches? Wasn't like that in X1.

BUY NTDOY

>>18325941
WALLAH, DOW WILL NEVER GO ABOVE 22487.0 EVER AGAIN

>>18325685
>Vangaurd
Shit if you're not a turboboomer, can't even buy leveraged or inverse ETFs

>>18325901
Thanks. Ive been scratching my head all day over it, but couldnt figure out if I was missing something.

oh my!
look at these cute bitches enjoying their nintendies!

>>18325849
>VIX
How about you wait until its under 20 to start celebrating the new bull run?

>>18325892
>I wish
You seriously think 30% unemployment, thousands dead, and a debt crisis just go away because the government want it to?

>>18325354
How does DHS know when Jews are hoarding PPE?

FUTURES ARE BLOOD RED
HOW WILL BULLS EVER RECOVER

>>18325611
>Even if the fed won't let it drop they aren't going to pump it to ATH either. ETF decay is going to fuck you if we crab for a few months
No doubt decay is real and it might be a year or so before things go back to "stonks only go up retard mode" but in the meantime I'm still sitting on about 130k cash and I've been selling the shit out of puts so I'm dealing with the decay. Basically I sell puts at spots where I would have "bought the dip" like today I bought back a couple of April 17th puts that would have broke even at SOXL going to 65 and 55 dollars. Tomorrow I'll probably sell them again for the May expiration. If I get assigned, great. If not, free money. And when things stabilize some I'll start selling calls since I have so many shares. And there's still the 130k on the sidelines. I'm hoping to end up with at least 500-750k by some time in 2021 through smart trading. We'll see.
/blog

>look at my long term stocks for the first time in weeks
>mfw they are finally going back up

>>18325960
It's not the whole point, but it takes Xenoblade 1 as a base, improves on it in many ways (with a few steps back at times, but whatever), adds wholesome girls, and basically why don't I fucking own more NTDOY shares in the first place. They'll be the DIS of vidya and will be there for the next 100 years, I just know it.

>>18325984
The problem is that the market is built on sentiment rather than reality. Logically everything should be going down and yet we are having rallies like if this was nothing more than a flash crash. Logically we are no where near being done with the virus and yet all it takes is for people to hear the word 'maybe plateauing' with a grand total of 2 days worth of statistics on a weekend and everyone starts losing their minds thinking they are at the bottom. Nothing make sense and honestly I think its just best to be a short term bull.

>>18325900
LUV, JBLU, ALK have the best balance sheets, in that order, and only have exposure domestically.

>>18325918
>Brokers shouldn't be down for 3 days
When did that happen. I only remember robinhood down for 1 day on leap year day. That and 1 big broker went down for a day iirc a few weeks after.

>>18326006
also much more resistant to sjwshit, but willing to tone it down to export to the US and Chinks

GAMERS RIZE UP

>>18325854
>$425

What the fuck happened in 2016? Any chance, even if minuscule that it would ever get that high again?

>>18325929
Any kind of guaranteed return really, im already ecstatic as fuck for having made $14 by doing absolutely nothing. That’s literally my hourly pay.

Holy shit, back testing a futures strategy on TOS, and decided to go back to january to see how it works on a normal market and it's so fucking boring. GO UP OR DOWN

we crabbing all week?

>>18326019
Just buy some inverse (non leveraged) ETFs and wait it out.

>>18326033
I pretty sure it was down on Mar 11 as well. Look at what happened to the market on that day.

>>18325389
Market went up by 6% today ....

>>18326051
nigga what crab, tomorrow we moon another 8%

>>18325685
My biggest beef with Robinhood is that I'll place an order, say the stock price is at 15, it'll stall for a minute, and then somehow literally complete my order at .15 cents above what I ordered it for, despite no movement. Especially infuriating with something like BWL.A, a stock that literally stays the same price for hours!

Rate my portfolio BIZ fellows. I am longing these positions from here on out.

>>18325834
SOXL is the answer

>>18326084
It's because they do outflow sale, which means they allow big firms to try to do the move you're trying to do before you're allowed to do it.

>>18325919
UPRO is not a meme. DCA into it and hodl

>>18325693
>The volume isn't their for Canadian brokerages to go commission free.
Completely false, and beside canadians would much rather play the american stock market too. The problem is that the goyvernment jews made outflow sale illegal. Still, wst exists, so clearly it's possible to do it if you really mean it.

>>18326046
Ok sorry, I was fucking with you but I feel bad now. Here to tell you that you will not double your money quick, the market needs time, you can speed up your returns by learning or you can put money into VTSAX every month and retire comfortably. If you want individual stocks, look at BAM(asset manager) and it's 'cheap' at 30 dollars a share, KTOS for defense. If you have any area you enjoy then go into that area for stock picks, you will have an 'edge'. But really, read investopedia and lurk here, if you're ecstatic about $14 wait until you see options.

>>18326098
Makes sense, but with something like BWL.A it just makes absolutely no sense whatsoever

>>18325384
how did you get 2,000 profit today when all it did was pump

>>18326082
save your money AIT zoomer anon and also complete as much of your degree as you can for free while you're in. good luck.

>>18326117
>outflow sale illegal
Doesnt that protect retail buyers? I dont see the issue with that.

>>18326124
if he bought it at 3:58 pomp before the 3:59 domp

>>18325834
Read all of Investopedia at the minimum and liquidate your restaurant stocks asap brah.

>>18326084
its called frontrunning. You are getting cucked

>>18326127
Not sure if serious or jewish.jpg

>>18326117
So why isnt there 99cent or commission free trading?
>wst
>outflow sale
explain

>people didn't believe the prophecy

>>18326085
Maybe a tad bit too much oil. If you want high yields and some risk look at BPY, 17% yield and already down 66% or so from ATHs, part of the Brookfield ecosystem with high end real estate, always gonna be customers for that.

>>18325984
It can all go away with BRRRRRR. Bobos have been working under the assumption that (((they))) wouldn't print their way out of this as it would effectively be a debt jubilee, but perhaps they've come to the conclusion that a jubilee is better than complete collapse

>>18325976
sure thing, if you want to understand options trading you should look into the 'greeks' and the black-scholes model

>>18326084
Does robinhood not have limit orders? I can't imagine using market orders, like ever. That's just asking to get your gains nibbed by the HFT collective.

my number went down at 6pm but it was back up a little bit by 8pm I just hope tomorrow it goes up a lot so I can sell

i wanna get a lot of cash together so i can start a dunkin donuts here before someone else does.. theres no drive through coffee here

>>18326046
You should learn what the financial instruments you are considering buying actually do.

>>18325410
it wouldn't have been a horrible move if you bought it Friday morning and sold before close :|

>>18326204
he just said he was a complete newfag

>>18326046
>$425
>What the fuck happened in 2016?
decay and reverse splits

>>18326085
>no CCL
ngmi desu

>>18326196
Lol Robin Hood only lets you sell at closing. When it’s working.

The $1200 stimulus is going to start getting dispersed on the 9th fellow poverty stock bros

>>18325998
>>18325962
>+6.5% day
>futures -.3%
Hahaha bulls btfo right bros?

Tomorrow will be green, and the day after that, and the day after that . . . .

>>18326166
outflow sale is >>18326098
It's the reason there are so many commission-free services in the US, in general they all do that. If you're paying, they usually don't do this.

>wst
A commission-free, though barebones, trading platform in canada: WealthSimple Trade. Doesn't do margin, doesn't do options, restricts available stocks so you can't touch low-volume and low-value stocks, etc.
They claim most of their money comes from the 1.5% currency conversion they charge both ways when transacting US stocks, but they plan to reduce/remove this fee and have USD-holding accounts. We'll see if that ever happens.

>So why isnt there 99cent
Interactive Brokers offers $1/trade but also has a $10 "maintenance credit" monthly fee (if you trade $10 worth, you don't pay anything, if you trade $5 worth, you pay $5 extra at the end of the month, and so on).

>or commission free trading?
Jews. Anytime such a possibility became a thing, new regulations were put in place to prevent that from happening.

>>18326204
My SDOW's not feeling so good today, /smg/. I'm just going to take a break to focus on other things until the markets turn around. The important thing here is not to get caught up in short-term volatiliry and price movements, and to keep a long-term perspective. Remember that stock valuations are historically very high even now. We just need to keep the fundamentals in perspective and invest with an adequate margin of safety (like the coronavirus ravaging the world and crashing the global economy), and our investments will deliver their returns in their season.

Whats with the retards in this thread buying individual stocks with like $100? You're never going to make it with that money...

You need to buy options.

>>18325536
Jnug

>>18325536
Jnig

Tbh I hope Boris Johnson dies so my puts start printing.

>>18326313
bullish

>>18326285
Options cost too much. Penny stocks are the way.

>>18325941
Bros what if people are so scared about Corona they forgot the markets even exist which means nobody trading even knows about technicals or market history they are just boomers buying shit because its cheap lol

The only people who give a shit about the markets are losing it all on shorting futures lol

>>18326085
Diversify.

>>18325923
If we repeat this and believe it in our hearts, we can make this a reality.

>>18326313
Valuing profit over human life..This is why you'll never make it. You sound non-white.

>>18326313
>the most incompetent prime minister in the history of united kingdom dies
>puts start printing
pick one

>>18326313
if he dies tomorrow the market will only be up +27 % instead of +28

we got oh no bull bros to cocky

>>18326333
checked
but it sounds like you've never met a white person (in the 80's)

What comes first? Drop continues or monetary inflation?

*Ahem*

>>18325644
I used this video to decide. I would go all in vanguard but their user interface sucks if youre not just buying and holding in an IRA (and at the time werent comission free yet). I use fidelity and enjoy using it.
The gist is that vanguard is the best because their ownership model is like a coop, those that have the most money in there call the shots. They want lower fees because they have a lot of money.

Fidelity is still privately owned so as long as the founding family is happy, they are okay.

schwab is publicly owned so shareholders call the shots

https://www.youtube.com/watch?v=A94C5PpIP8Q&

>>18326169
>comparing a black swan to structural inefficiency

>>18326085
>no FANG no MFA no JNUG
Why bother

>>18326285
The portfolio of $1,000,000 in annual dividend payouts begins with a single share.

Anyone wanna suggest a way to sell brandable and pronouncable four letter .coms (domains like ohai.com) relatively fast? I've had them for decades but now I want to get more money into the market.

>tfw just buying VOO and XOM once a week with money I would have spent on drugs instead
Is this the boomer way of life?

>>18326174
BPY is totally going under, bro.

>>18326346
>473x596
what is this, the 1900's?

>>18326356
inflation happens mostly with people taking out loans
right now, there actually aren't that many people/businesses taking out loans
inflation soon but not yet

>>18326313
priced in

>>18326169
But this whole crash entirely happened because of mass hysteria and media corruption over flu

>>18326329
Will a low expense index fund handle all my diversification needs?

>>18326381
Brookfield and their property division made it through the GFC, no reason to think they will do anything different

>>18326395
IQ: 5

>>18325521
>Wtf are you anons gonna do about that?

short the market on 100x leverage

>>18326395
yea totally the flu, definitely not the repo / credit crisis that started in September last year.

>>18326333
No. In the end the 700 bucks I'd make are worth more then the life of any person.
I'm pale white btw.

Best indicators for identifying the strength of a trend?

>>18326430
slav skin and you know it

>>18326429
squggle some lines on the graph and call it a day

>>18326430
Go back buddy, check your tabs next time ;)

>>18326429
/biz/ sentiment

>>18326138
>he thinks the other brokerages dont do it

>>18326429
/smg/ bobo-density

>>18326447
>implying I'd care enough to hide it
Tbh shitposting on wsb is hella fun.

>>18326407
>oh no, only a fraction of the population that dies each year from flu died from Coronavirus and deaths are leveling out, this is it guyz
IQ: -2564

>>18326425
>he doesn't know they knew
>Chinks can't keep the banks from finding their flu

*BZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ*

>>18326430
>would sell his mother to a whorehouse for 700 USD

>>18326444
>>18326450
>>18326466
Not fucking funny, I mean short term, on the time-span of minutes.

>>18326475
yes goy, the chinese have eradicated it already, 0 deaths today, didnt you see the j- I mean news

>>18326429
Heikin Aishi with multiple timeframes.

>>18326174
I am hoping for that sweet oil bounce back, plus OKE needs to save me.

>>18326487
*cicada noises*

does anyone know if your options that expire as worthless are tallied as "losses" for tax reporting in robinhood? or do you have to physically sell them for the $1 or whatever to get the recorded "loss"

>>18326487
she be lookin kinda fresh tho...

>>18326477
more like it is easy to blow a common cold way out of proportion while the government bails out big business while they clean up their books for the next credit cycle. So instead of occupy wallstreet 2.0 they can blame the people for not participating while simultaneously enacting quasi martial law for an order sheckle shake.

>>18326519
>the common cold
are you that dude who went to walmart and starting coughing on people because he thinks this is all a big joke?

>>18326498
kek Good luck, but I don't think they're gonna let oil go back too quickly, have to milk the moment. Is OKE a MLP.
>>18326492
Thank you, gonna look into it

Fuck frank is based
https://www.youtube.com/watch?v=mD6pbCSeWLs&list=RDEMDaSUSUVu68QDj2nSmWsorA&index=10

I've got $80k in cash. The moment I press buy this market goes down another 30%.

>>18326531
no not me but thats based

>>18326487
>>18326499

comfy

>>18326118
Thanks anon, i will check it out.

Wagie from before here, another anon in this thread mentioned JNUG, i just checked it out and holy fuck i am shook. I know i am a complete brainlet, but bear with me and my weird logic /biz/:
I am using the most of my time and brain power to try and figure out something immediate so i can have money in my pockets after the crisis is gone. I know I won’t fucking learn investing good enough to completely understand even half of the stuff here on time. So i am going in a very stupid way, but most logical for my current situation.

From my very limited perspective... gold is something that will for sure result in long term profits, right? The government wont allow mining companies to collapse. The graph shows jnug was at $95 and now it is at a whopping $5.20. I have $2700 in my account that are going to a upfront payment in a financed car anyways so i have nothing to lose.

I am VERY confident that the coronavirus will fade away in no less than 2 months. If not the world is doomed anyways so fuck it. According to my calculations it is possible to make up to $19000 if i invest $1000. I know this is spare change for some people here but it would literally change my life.

Should i go? Is my logic correct?

>>18326541
Here's me, doing some swings

>>18326285
If you can contribute 100 dollars on a regular basis then boomer investing is a great option. Max out your Roth IRA every year and you can become a millionaire by the time you're a boomer, provided America doesn't fucking implode.

>>18326548
>>18326487
FInd me some comfy background tunes, this is fun but not comfy yet
https://youtu.be/bty0bNS7i0g

Maybe someone dig up that lain imageboard and it's radio feed?

>>18326541
OKE is a natural gas company and does have a midstream service. I may have fucked up with that one though. Anyone else know anything about this?

>>18326545
Sell cash covered puts that are way otm. You either collect premium or get cheapies.

>>18326425
obviously that is a man.

>>18326594
imagine everyone who did that with LK kekkies
think they're happy with their 20% off cheapies?

>>18326425
why do you think it's a credit crunch and not a cash crunch?

>>18326607
she has two kids lmao look at her insta

>>18326594
Better to just buy cheap ass calls and exercise them.

>>18326554
Lol, the thing you are missing is that it is a 3x leveraged ETF. That means it loses value over time:
>https://www.investopedia.com/articles/financial-advisors/082515/why-leveraged-etfs-are-not-longterm-bet.asp

Click on a link if you don't understand a term. Do not touch anything you do not understand, digging yourself out of a hole sucks. Do this, save part of your money every month or paycheck, and put it in your broker(preferably a retirement plan) and put 80% in VTSAX or VOO, these will track the market. Use 20% to learn about the market by investing in your own picks. Nothing is better than seeing a decision pay off, and the gains from VTSAX and VOO will make sure if you choose wrong you aren't financially ruined.

>Second-quarter GDP could decline by 30% and unemployment is already at 12%-13%
is this priced in bros

>>18326572
Why pay tax now instead of later?

How much money do I need to trade stocks full time?

Right now I'm working from home and it's great because I can follow the market and make money, while making money. But it isn't going to last.

>>18326554
>According to my calculations it is possible to make up to $19000 if i invest $1000
no, JNUG will not shoot up back to $100 any time soon

>>18326625
you have the risk of having the expire worthless though

This shit is going to turn me into a fucking alcoholic

TYHT reverse split
https://flashalert.me/?symbol=TYHT&source=SEC&referer=https://stocktwits.com/&url=https://www.sec.gov/Archives/edgar/data/1300734/000121390020008640/ea119403-pre14a_shineco.htm&s3=TYHT/2020-04-06/16-11-53_000000/PRE%2014A/17e1b2ceaa85a11db897ce1193fdbfcf/ea119403-pre14a_shineco.htm
last chance to buy tyht cheapies

>>18326641
Dude shut the fuck up. stop giving people actual decent advice, there is no room for that type of shit here

>>18326658
Not if you get ones that are going to expire the next day. Very unlikely things would change.

BACK UP OFF ME
BACK UP OFF ME
B-A-C-K
U-P
OFF ME

>>18326654
$500k, after acquiring multiple years of experiencing with a consistent strategy and having the emotional stability to witness monthly $200k swings in variance

>>18326424
>fighting the fed
I'll remember your sacrifice, anon
>>18326471
go home

>>18326487
I spent a year abroad and I had thought the Cicadas were a meme and were like the American ones

Holy shit it’s true they’re deafening even at 11am in the morning

>>18326554
GDX is a better representation on what miners are currently looking like.

>>18326653
has a more options as far as pulling out contributions early (not gains), tax laws could become harsher in the future, and hopefully you'll be earning more even if its through divvies cuz you're young and poor.

but it's debatable, and some people say just split it half and half because you don't know which is best so just play it safe. I'm going Roth though.

>>18326674
If he gets enough Money, he'll become the Fed

What are the odds this is bullshit?

https://www.fliegerfaust.com/airline-news---2645648431.html

>>18326554
>how do I into stocks?
>"DCA into indexes"
>how 'bout I go ALL IN on precious metals BAYBEE
Dohohoho you cheeky retard, why didn't we all think of that

>>18326674
you do realize the reason why the fed is intervening is the credit markets? and that they're failing? not even infinite QE can fix this fucked system. they don't give a shit about stocks. the credit markets pose a systemic risk if they fail, equities are the last thing on their mind. you're gonna get rekt.

Fucking worthless freeloading scum. I hope when this is over all these commies end up on the street where they belong

Going to sell half my closest dated puts tomorrow and buy calls. That will help me with my FOMO but also cover me if this shit drops hard.

>>18326682
East Texas used to have the same cicada droning in the summer, until they started spraying insecticide every week to kill mosquitos. No more cicadas, no caterpillars and butterflies in the spring, no birds except pigeons.

>>18326701
redpill me on the credit markets and why they are failing alpha bearbro

i own 200 shares of discover financial services how fucked am i

>>18326701
ok bobo so how do i short the credit markets? I had some puts in HYG but is that even what you're talking about??

>>18326272
>its the jews in canada
>but the jews in USA let you trade commission free

>>18326703
Landlords are parasites.

>>18326708
thats fucked up
all hail west texas

>>18326688
Thanks anon. How did you split yours? Mine is currently 45% funds, the rest split between cash and bonds.

>>18326688
I'm doing Vanguard Retirement Fund for my Roth, and then in my brokerage account 70% VOO, 30% other stocks. Hope to contribute 500 to my Roth every month, and 250 or more to the TD Ameritrade account. Good plan?

>tfw I was the last one to borrow the Lain Blu-ray box set from my city's library before they shut down
I guess I own it now

>>18326708
East Texas is a shit hole that should have been quarantined off from the rest of the state after all the blacks moved in following Katrina.

>>18326721
>i own 200 shares of discover financial services how fucked am i
lmao

>>18326733
should've held onto those puts longer. corporate debt is going down the drain once this turns into a solvency crisis. risk parity is beyond fucked because of this.

>>18326698
Fauci's been pushing for this since mid-March, absolutely would not surprise me

>>18326659
Alcohol is gross and expensive. I'll stick with soda. Its very depressing and stressful.

>>18326758
Does /biz/ still do movie nights?

>>18326708
I used to live out in the middle of nowhere. I got used to the sound of the cicada at night. Now I live in a subdivision. No sound at all unless you count the sound of some dumb drunk fuck coming home at 3 a.m. God I miss it sometimes. Could sleep with the window open and not worry about uh unexpected guests paying a visit while your asleep.

>>18326767
consider cannabis

>>18326777
you wanna do a Lain quarantine marathon?
we have to convince sunny D, but he might be down

It's because the amount of corruption in canada is higher than in half the 3rd world countries.

>>18326641
This is very solid advice, thanks anon.

>>18326655
Even if it shoots to $20 that would still make me cream my undies

>>18326700
B-BUT the graph shows it is the biggest dip in the last 5 years...

>futures are green again
bobo btfo

>>18326767
You know what is 10 times better than alcohol? Opioids. Feel fucking great, too bad they're so expensive now since the government clamped down on doctors that would hand that shit out like candy. Fucking white trash hicks that kept overdosing had to ruin the fun.

>>18326763
well i'm glad i wasn't holding them today, but maybe i'll slowly re-enter the position.

Here's the video i saw about this for those who are interested: https://www.youtube.com/watch?v=w4vFsTJqIGA

>>18326821
nq is at -.33% bruh

>>18326816
For >>18326742

>>18326743
These worthless commies can afford to pay though. They're just using the virus as a smokescreen to be deadbeats. Well, guess what, they don't pay, the landlords don't pay the banks the mortgage and the whole shit gets foreclosed putting the bum tenants on the street where they belong wrecking their credit in the process. The banks get a bailout, the landlords hang on to other properties and only the piece of shit non payers get fucked in the end as they deserve. The real beauty is since property values go down the former owners can buy them back cheaper and rent to new actual quality tenants

>>18326823
based
my poison is benzos personally, my state outlawed a bunch of RC's tho and I don't feel like paying for a shrink, so I'm SOL on that
also don't have a way to get an opioids
what's a man to do?

>>18326793
I'd be 110% on board with this!

>>18326492
Liking it, thanks!

>>18326857
Get off benzos for the love of God dude. My mom has been on benzos her entire life and she watched lifelessly as her boyfriend choked me until I passed out. Then she defended him in court because Dick > Children.

They make you insane. Do not fuck with benzos.

Silly market.

>>18326863
Use it with a volume based oscillator of your choice to make it even better.

>>18326876
damn anon I am sorry you had to go through that.

>I started the day at 40k
>I ended the day at 45k

>I started the day at 40k
>I made 5k of profit

I WILL hold this shit all the way to the next /all time high/.
I WILL change my tripcode to Scoops Supreme when this definitively happens.

>>18326857
My nigga, you would be surprised but the best source of opioids (and pills in general) is middle aged mexican women. They usually have a bunch of older relatives holding onto their of scripts, and since they're mexican they don't give a shit about breaking the law by selling their pills. Most of them probably don't even know it's illegal in the first place, they just think the nice white boy wants to buy their unused medications for "back pain". Middle aged Mexican ladies always meet you on time and never short you, my current dealer hasn't ghosted me once in the year that I've been buying from her. Take the abuelita pill anon, you'll never have to fuck with niggers again.

>>18326820
>>18326641
>>18326554
I'm an actual retard. If I'm willing to invest now and not wait for the return for like 5 years, is that still a bad investment? I truly appreciate the assistance.
I read the investopedia advice, but, as I said, I'm retarded. Thank you for your time.

>>18326765
>>18326698
>https://www.fliegerfaust.com/airline-news---2645648431.html
lmao this makes it look like US closes its borders to everyone but canada.

Fauci (and I) have been looking for a shutdown of domestic air travel, or at least some extreme limitations. Probably hard to do at a federal level if they won't even tell those last few states to shut it down.

>>18326758
>Lain
>Blu Ray
it's from 1998... don't know what they did to make it "blu ray" but I's be tempted to torrent it if I had my HDD's with me in quarantine.

>>18326746
Right now own a bunch of PEP, BRKB, MRK, JNJ, and COST and a bit of LMT, GLDM, VIG, and SPLV. Bought a few shares of CPB today on a lark, I really should look into their debt and shit, make sure they actually are doing well with this shutdown and it's not all speculation.

Is anyone stocking up on Campbell's Luxurious Soups? Or Perhaps Snyder's Pretzels??

>>18326889
>Ouzo
>Greeks
>Greek debt crisis
>European Sovereign debt crisis
OH GOD ALL THE COUNTRIES ARE GOING TO DEFAULT ON THEIR BONDS!!!!!!!

>>18326901
Congratulations, this is the way

>>18326897
Most mass shooters have benzo addictions man. It isn't just me. Those drugs are what can turn someone into something that isn't human. I honestly think that humanity made a serious mistake by treating their problems with medication instead of with the tools we already had.

this shit just became degenerate drugs general

>>18326876
Sorry about your family man, I know they cause problems, but not everyone becomes an uncaring psychopath on them, some people just need them to keep the dread of existence at bay.
Also, I've already been through withdrawals, It was bad, but not bad enough where I wouldn't do it again. I've been off them for like 1.5 years now, but god damn do I miss them.
>>18326902
Aight, thanks for the tip
I'm not anywhere near the southwest though, so I don't have that many Mexicans around. Though I do know a Mexican family, maybe I'll see what can be done.

>>18326901
is that your entire stack? Should live in a van and bank your amazon money

Australia's coronavirus numbers are starting to outright decline with some level of confidence in the figures. As a result, the ASX might be about to see its first red day in a while, or at least first day without several % of green.

>>18326792
>>18326823
>making things worse by becoming poor and addicted
Cmon bros, you are only failing yourselves.

>>18326953
It’s already /optionsgambling/

Makes sense

>>18326554
as a leveraged ETF, JNUG copies the daily move of a basket of mining companies, leveraged 3x. so if the basket moves up 3%, JNUG gains 9%. if the basket drops 2%, JNUG falls 6%.

it's easier to go down than up. if you gain 10% at $50, you net $5, but losing 10% at $70 loses you $7. if the market does not have consistent upward movement, you can expect every down day to be greater than the up days with respect to ETF value. this is ETF decay.

don't base your calculations on what used to be. ask yourself if you truly think that JNUG can go up 2,000%. that implies the basket moves up almost 700%.

just do whatever helps you sleep at night

dude how the fuck did i miss mgm at $5 holy fuck

>>18325505
NEEDS MORE LINES

>america now over 10k deaths
Hope you had your fun today bvlls. Tomorrow is ours

https://ftalphaville.ft.com/2020/04/06/1586175271000/Short-sellers-step-back-from-the-SPY/
>Short-sellers step back from the SPY
Bearish

>>18326999
There's more to squeeze out. Always some stubborn sticky ones.

>>18326901
What are you using for the ticker widget?

>>18326907
>I'm an actual retard
If you have to ask, just don't.

>>18325354
>>18327031
>>18327031

leave now

>>18327031
>>18327031
>>18327031

>>18327031
>>18327031
>>18327031

>>18327031
>>18327031
>>18327031

>>18326907
JNUG?
Generally you should hold leveraged etf's for a long period, it's a recipe for disaster.
if you're going to long term hold don't use leverage

>>18326907
I actually read the investopedia article thoroughly now and it makes total sense.

Why the fuck does life have to be so difficult? FUCK FUCK FUCK i knew it was too good to be true

All bull and bear team shit aside I really think todays bump is unsustainable with such low volume and the sentiment not really being behind the move up. I think we'll get down to the 210-230s again then make a surprisingly quick recovery back to the 300s by August. Once ventilator production ramps up and there is a halfway decent drug therapy available things will start to open back up. The purpose of flattening the curve was to allow time for production and hospitals to tool up. We probably won't be allowed to have gatherings of 25+ people for a while. Non essential businesses will have to adapt somehow to allow for lower volumes of people to be inside their stores.

What do you guys think?

>>18326575
arisuchan died, i never even knew
rest in fucking peace dude, they allowed .pdf uploads

the radio is based and the radio has a massive tracklist, shows what's playing so you can hunt good music down; love it bro, you got good tastes
https://lainon.life/

>>18327061
>https://lainon.life/
holy shit thanks man
something so kino about the atmosphere and the following it generated. I wonder if anyone's still maintaining all this?

uboachan as well

>>18326793
Sure. Should a separate thread be made or will it be posted in /smg/?

>>18327053
...No. The Chy-na virus is like 10% of the worries right now. I don't know how many times I have to ramble off that the gross aggregate of the market has not grown since 2012. The price increases are due to speculative inflation and buybacks that aren't sustainable due to the bonds issued to perform them. Certain companies incapable of weathering this, or companies that are highly exposed are liable to have their credit downgraded, meaning less credit to be issued to them while they try and recoup their already staggering losses, dragging price down.

True price discovery is a critical feature of this downturn, but the Fed is fighting it tooth and nail as the whole market is suspended by illusions to inflate the values of practically all equities. We're talking a correction down another 60% by some estimates to reflect actual fair value.

Then there's all the cascade effects from this. This will more than likely come in a series of waves, and the handling of them is absolutely critical, it will be the difference between the Spanish Flu 2: 5 Times Deadlier Boogaloo or an oscillating downtrend (depending on who you ask). And the cut budgets due to hospitalizations, lost jobs, increased debt from panic shopping. Things like the after-effects of the Fed's meddling. There's a ton of shit going on. Market is broken.

>>18326554

I'd recommend just going for 1x leveraged ETFs. If it were brainlessly easy to turn $1k into $19k, everyone would be doing it. Realistically most things are priced in, not in the way /biz/ jokes where everything is always known in advance, but such that every bet on the market gives you either a 49% return or a 51% return on average. If an option can turn $1k into $10k, you can be fairly sure it's only about 10% likely to happen, and whether you invest a little of your stack depends on whether you think that likelihood is actually 9% or 11%. But even if it's 11%, investing more than a small amount of your stack is retarded.

If you're investing your meagre life savings, you need to invest in something safe and low return or you're just feeding the house. The ultimate example of this is a savings account returning 1%pa, but if you don't need to touch the money for a while, now is probably an ok time to DCA into a LOW RISK etf

Is OKE gonna be okay gas bros?

>>18325923
Was a hard bear until today bought it sorry man we missed it