/biz/ - Business & Finance

Canadian Tire a buy or a pass?

1rd for blood red Wednesday

3rd für den Führer

pls tell me all the factors i should consider in valuing a stock.

The Trumpbux collectors are on their way, ready to take from those who have all their faith in Jerry. This whole pump was a ruse to set up the environment for everyone to invest their fresh money, so they could collect those too. That bastard Ackman is going to be so fucking rich.

>>18472338
1. is it in the s&p 500
2. brrr

>>18472338
the future

>>18472317
Fuck that stock. They'll probably be fine though.

Holy shit these newfags... they’re here to collect (you)s?? It’s obvious they’ve never owned a single share of an individual stock. Pathetic LARPs.

NEWS:
>Indian generics paaaamping production of hydroxycloroquine says it’s used in India to treat diabetes
OOOOOOOOOOOOO
is that going to be the most common comorbidity in the US? That could really help then...
All systems GO!
S-P-Y to all-time-high!!!
>>18472298
This was good OC

>tesla opening at 800 today

>>18472338
roughly in order of predictiveness
>P/E
>Growth metrics
>Divvie yield
>Whether Reddit likes it
>The position of Mercury
>Technical analysis

https://www.youtube.com/watch?v=jVsrEe464DQ

>>18472338
Is long term line moving up. If long term line is horizontal or slanted down, avoid.

>>18472338
>Is it TSLA?
>If yes buy

>>18472358
https://www.bizjournals.com/philadelphia/news/2020/04/07/philadelphia-drug-maker-awaits-go-ahead-to.html

If you even wonder whether you're making a mistake, just remember, at least you're not the guy buying Tesla at $800 during a global financial crisis

>>18472365
i thought technical analysis was a meme, almsot every great investor I know think it is.

>>18472317
Yahoo Finance says that the analysts say it's a buy. The Yahoo price target is $145.54 against a current stock price of $95.58.

>>18472338
right now its possibility of GIBBs
1. No or little revenue
2. Massive debt to equity ratio
3. Loaded with Pork Barrel already
4. Irresponsible or nonexistent leadership

>>18472365
This was round about 12 years ago, then 2008 happened and all metrics and numbers don't matter anymore, especially in the currently new paradigm.

Just throw a dart blindfolded and buy x100 long.

should i feel bad for zoomers putting their little saving in TSLA, they would probably be too shocked they won't trade stocks again

>>18472382
the crisis was priced in and is over now. just BUY BUY BUY

>>18472366
Is this one of those songs you have to be under the influence of drugs to appreciate?

>>18472373
Back to $10 soon...

WTI just dipped under 20 again for a second and the numbers went berzerk. This is weird. Really super weird.

>>18472338
price
future earnings

I hate it when the jews take a meme and use it to create a humongous bubble starting the day the stimulus was announced to trick people into giving them their much needed money. I used the brr meme that probably means I'm Mossad or something now.

>>18472298
What is wrong with anime drawers? This anatomy doesn't make any sense. From the bottom of her chin to her nose is a 45-degree angle. What person has a facial structure like that?

Has anyone got there trumpbux yet? Im still waitin

>>18472373
Yikes. That’s abbvie’s drug
1. Drug doesn't work, Trial results are bad
2. Manufacturing costs are MUCH higher in fucking philly than in India
3. Trump administration has already committed to a different drug that shows more promise

They don’t actually manufacture in the US do they? They’re just headquartered in the US and have facilities overseas?

>>18472373
God damn it i bought inovio at 7.90

>>18472449
Yup. Already in the ol’ Robinhood for tomorrow.

>>18472338
I just buy whatever company directly supplies the government with technological advancements

>>18472454
seriously man... kys

>>18472449
Consider yourself lucky. You might escape the coming profit taking apocalypse.

SCHX/SCHG or SWTSX for a Roth IRA with a 30 year horizon? Would SCHG be the play for more potential growth?

The only COVID-19 stocks I’d touch now are Regeneron (but their price has already skyrocketed) and JNJ, which is just one of the best companies in the US. Still... rose a little bit too far too fast.

>>18472459
Has their drug failed any trials?

The lopinavir/ritonavir combination is called Kaletra, it’s one of the first drugs that was tried for COVID-19 when it was still mainly a China problem. Didn’t help at all, major failure, I sold my AbbVie partly because of that.

>>18472477
???
Wtf I’m just providing good information and asked you a simple question.

TSX stocks I'm watching for tomorrow:
>T
>FLT
>ATE
>various banks
>various Brookfield units
What else should I be looking at?

>>18472501
Sure but don't buy them until the VIX is like sub 20 or DCA in like once a month for 6 months

>>18472382
>mfw the only good "news" Tesla has is China ordering 450% more cars (which went from 2k cars in February to 12k in March)
>and making ventilators, only to fuck that up since they were making BPAPs instead

>>18472454
>1. Drug doesn't work, Trial results are bad

For the sake of argument:

>Clinical time to improvement of symptoms was one day shorter than standard care alone on an average, the results revealed
Need for glucocorticoids or steroids were in 33 percent of patients on lopinavir and ritonavir and among 35.7 percent of those receiving standard care.
>Those on lopinavir and ritonavir had a shorter stay in the intensive care unit compared to those on standard care (6 days compared to 11 days).
https://www.news-medical.net/news/20200319/Lopinavir-and-ritonavir-drug-combo-tested-in-severe-COVID-19.aspx

If there was a drug that almost halved time a patient spent in the ICU, that alone could be a big help in the situation where ICUs are overwhelmed.

>that first coffee of the morning

Feels good. Where my /coffeecrew/ at?

Who else got their XOM voting email?

>>18472382
>at least you're not the guy buying Tesla at $800 during a global financial crisis
What if he sells it to the guy buying it at $900?

>>18472555
Just made a jar of cold brew yesterday. About to filter that and have some morning coffee.

>>18472555
But it’s 9:30 pm, anon.

>>18472527
Phase 1 human trials.expecting results by end of summer also funded by bill gates foundation. Opening at 7.40 this morning worth looking into but if you read into how they came to find a vaccine just seems sketchy. If it hits $10 im out

Just gone into a small short

stop tanking the futures faggots

>>18472540
Thanks, the thing really pushing me towards SCHG is that while being a bit riskier, it's had better than average returns before the downturn this year. Appreciate the advice.

>>18472555
Right here buddy.

>>18472382
Why wouldn't you buy the greenest most expensive stock in a recession? Fuck the cheapies people are here to double their money.

Actually looking into the financials and development TSX:FLT looks really fucking interesting. It's a leaf pennystock but they've got plenty of cash on hand and actually have customers.

wells fargo good buy for nice day profit lads?

>>18472593
>up 500 points yesterday
>down 200-300 today
>up 500 tomorrow
Is that what were doing? A slow crawl up like last week?

>the bear trap became a bull trap

>>18472622
At this pace all gains from yesterday are gone in no time

Hello I have about $500. What stock should I go all in on? Still waiting for my trumpbux

>>18472643
Good for buy and selling next day etc.

Errr..

>>18472654
soxl

>>18472597
Nice picture

>>18472575
Eurofag bro

>>18472668
i srly this was the top, retards have to get burned to buy stocks at this price level.

Dislacaimer: neither a bear or a bull

>>18472578
Sounds like a good plan, if it’s a small cap and they don’t have anything else going on but that one hope at a vaccine, I don’t trust it. But I do hear we’ll need multiple vaccines.

>>18472554
Interesting read, thanks!
That’s a good point, but I don’t think the US is going to invest in a treatment if:

>Risk of death at 28 days was similar with both treatment approaches
I mean, how would you feel about paying for a drug to treat a condition if it got you out of the ICU faster, but you had the same odds of dying?

Can you imagine trump or pence going up there and saying that’s their plan?
>well for your loved ones who are suffering we’ve got a great plan to get them in and out of the Intensive Care Unit in half the time! But if they’re gonna die, they’re still gonna die. And they still need to be in a hospital bed for observation and quarantine. And they’ll be just as infectious so it doesn’t protect health care workers.

>Viral load was tested at various time points, and the results from both groups were similar
(I’m assuming that is related to how contagious they should be, that could be off the mark)

If my doctor told me that was the plan, I’d get a new doctor.

>>18472674
Been eyeing that. Do you usually just hold or swing trade it and grab profit and repeat?

>>18472448
Look how the roasties seethes
She knows she can't compete
She knows she is inferior
She knows no man will love her as much as they love Misato

>>18472687
Completely dead here at seatac. Only real flights at night anymore is EVA air, or cargo like FedEx, Prime Air, China, etc.

>>18472668
Don't worry Jerome will save us. If you say it loud enough, enough retards will believe it and actually buy in. We've been successfully doing that for 3 weeks.

IM GOIN DOWN

Why the fuck is the market not down? burgerfags

>>18472704
>swing trade it and grab profit and repeat?
mostly. I've been loading up more lately cause its so low. Even if the market tanks i'll ride it back up.

>>18472725

>>18472654
TSLA, the faster you lose it the better for the market.

>>18472698
https://www.google.com/amp/s/www.nbcsandiego.com/news/local/inovio-exec-puts-all-efforts-on-covid-19-solutions/2305514/%3famp

Vaccine or bust for them

>>18472698
This subject is not within my realm competence, but in some of the articles I read, it mentioned that the Chinese study in January was testing the drug on patients who had already advanced to severe symptoms, but that the treatment could plausibly have had a better effect had it been started earlier, similar to how Tamiflu is used.

>>18472727
Looking long term at least historically, it performs better than SPXL but only if there isn't too much crabbing

>>18472727
I'll probably end up doing the same since most money is all tied up going long so be nice to play.

Is it a bad idea to speculate on a lennystock with literally zero income if you believe the field they're well positioned to break out?

Oil is in a critical spot here. If it (WTI) sets fresh lows during market hours, meaning sub 19.25, and does not instantly bounce back as it has before, indexes are going down with it. At this rate it may test that level before open. Currently trading 19.91 off a low of 19.77 set a few minutes ago.

>>18472743
Another good point. I’ll just say that I haven’t heard any good buzz around it, and someone who I believe to be in the k ow led me to believe it’s not looking good for that one, and it is looking good for hydroxy. I know us hospitals are using hydroxy, and some doctors seem to think it does help. I don’t know if anyone is using kaletra.

But that is an excellent point, that is an important variable. It doesn’t change my outlook on the company but I’ve been wrong before.

>>18472771
probably

>>18472771
Consider what happens if you're wrong and decide if you can live with the results.

>>18472783
well obviously the downside with pennystocks is that they can very realistically go to zero

>>18472771
Sure, but just assume that any money that goes into it is effectively gone. If its a biopenny I wouldn't bother.

Who non-murikkan traders here? Just started trading late March and I'm roughly earning the same as I would with my current boring office job.

Might be the dip to blame hence why I'm winning more than I should since almost all stocks are cheaper than they were. If all goes well within the year, I might quit my job to go full time trader.

>>18472817
It's a drone delivery pennystock, they have a 10 kilo prototype actually in commercial service for one (1) customer, and just test flew a 100 kilo prototype

>He fell for the most obvious bull trap in history
>He didn’t see the short squeeze pump coming

>>18472820
Hopefully this volatility doesn't last much longer but once it dies down understand that the kinds of swings you are seeing in a single day for a stock are the kinds that would normally take weeks, months, or even years normally. You simply won't be able to make the same kind of money at the same kind of pace.

>>18472776
Consider the matter taken care of.

>>18472820
>earning the same as I would with my current boring office job.
Wtf mate how are you doing this? How much have you put in?

>>18472820
>. If all goes well within the year, I might quit my job to go full time trader.
you are in for a surprise

>>18472720
Looks like a comfy job?

How would it change market outlook if serum antibody testing revealed there's already like 20% herd immunity in the US?

>>18472838
Hifumi wife

>>18472851
Excellent. Bog fast. She's gonna down in flames here.

>>18472820
>late march
so you are taking your 3 weeks experience in the most crazy stock market times of the last decade as value, very smart

Premarket is open!!!

Hows your favorite stock looking for today so far anons? For me, Tsla is up 3% so a solid start.

https://youtu.be/I-gMdE5Hm4Y

>>18472548
Havent the china nrs. been debunked? I saw a screenshot of some dd recently that pointed out that they were treated as donations? Or more like there was close to no revenue made on those 12k cars. Does anyone have the link?

>>18472859
Yeah it's easy, but the Port been cutting hours here and there even though were essential. Glad I don't work for airlines as they are hit hard and sent almost everybody home except for senior ranks. Think we have around or under 5k passengers a day down from 80+k in February.

>>18472861
If you are still discussing virus then wait for the suprise. We're about to see speedruns of who can lose their Trumpbux the fastest.

Whats the sentiment for today frens?

>>18472892
5000 people every day is still a lot...
don't let them cough on you

>>18472608
ah yes, the classical /biz/ strategy. buy high, sell low
>>18472668
*record scratch*
You're probably wondering how I ended up here

Thoughts on PSX and other cash rich / low debt oil companies?

>>18472896
what does that mean

https://www.newsweek.com/stimulus-checks-may-delayed-trump-requires-us-treasury-print-his-name-them-1497916

is this bearish?

>>18472899
Trumpbux going in, faith in Jerome strong, people desperate for money. The stench of greed and a hint of fear.

IS IT HAPPENING
IS IT

>>18472839
>>18472857
Yes, I understand how hard trading is full time. Hence, why I've been prepping since start of the year. I was actually trading in early January, but I stopped when I learned the shit that was going on in China since I was sure every was gonna plummet as it did.

>>18472856
I'm from a 3rd world country. Standard of living here is pretty low compared to US at least. I'm earning around $50/day with my current job, while it's around $7/day for the minimum wage for most parts of the country.

>>18472871
My countries' market isn't that crazy compared to US.

>>18472905
>cash rich / low debt oil companies?
Provided you'd be fine with holding it 1-2 years you will get your nice returns. You won't be riding the volatility to get higher risk/returns like GUSH or shale stocks. I also am not sure they will return quite to pre-march levels for a long time. Don't know much about PSX in particular.

>>18472930
fear and greed index is actually nearly in greed territory, two weeks back it was extreme fear

https://money.cnn.com/data/fear-and-greed/

>>18472913
It means all this sunshine and happiness in the market will go away the instant everyone has put their Trumpbux in. Brr was a ploy to instill false confidence and pump the market.

>>18472338
Free Cash Flow

>>18472930
>>18472899
States are also coming out with reopening plans and such. Case numbers and hospitalizations are reducing in NY and people will soon start to feel optimistic. That is...big pumps and return to aths over next month.

>>18472943
>My countries' market isn't that crazy compared to US.
oh please, im a europoor too and "our" markets are just tracing the burgers most of the time, i made a few k during the first dump too but im not delusional thats its gonna go like that forever

THIS IS OUR CHANCES BOYS
LETS GET RID OF ALL THE BOOMERS

>>18472866
She cute. You know I don’t think I ever finished new game. At least I definitely didn’t finish new game +

I wonder if I should revisit it. Wanna smash that nenechi cunny.

>>18472892
You sure you don’t mean Sea-Pac? Those guys sound like a cool bunch.

>>18472597
Are you saying to buy ALK?

>>18472961
Keep thinking that retard.

No market is corrected by throwing money at it. The problem still exists. Now it's just more bloated and will be more painful when it all comes apart.

Am I kawaii?

>>18472936
Just a minor bump between +3% days

>>18472988
>The problem still exists.
What problem? States are reopening soon so dont say lockdowns.

>>18472972
>its gonna go like that forever
That's why I'm gonna test it for a year I like I said. That's assuming, I still have a job at that point. I may have a cozy job in an essential section right now but it's non-mission critical, so either way I have to learn to do this.

>>18472956
isn't everyone going to use their trumpbucks to buy beer and pay their rent?

>>18472952
>Put and call options
>EXTREME GREED
spooky desu, is there a downwards equivalent of a short squeeze?

How does Uber exist? It made no money during good times over 10 years and its making even less now.

>>18473003
'Soon'? The earliest date even floated is May 1st, which sure as hell isn't going to be everyone, if it applies to anyone at all. The virus was just the gust of wind needed to knock over the house of cards this market is.

>>18473014
Just look at the last thread and you'll find your answer.

>>18473021
Margin calls, which are basically what happened in the crash I think.

BP and RDS are down a lot in the Pre Market.

BUY THE DIP BROS

>>18472991
It's Hawaii, chink

>>18473034
>house of cards this market is
What problems are those? Everyone thinks themselves a doomer big shorter but what problems were there? Besides evidence is showing a reduced number of virus hospitalizations in NY so May 1st isnt really all that bad a guess, 15 more days to have it drop even further.

Cuomo went bullish and that basically what brought on the second leg up. I still don't understand how any of this shit make sense to quarantine for a month and then just go back to normal. It's not like the virus is going anywhere.

It was here before the mass panic and all the testing and it will be here after. It's so fucking stupid how people act about it.

im bearish for today

HIGH QUALITY TECHNICAL ANAL PART 1

>>18473055
she's cute, she can give me coronavirus any day.

REEEE, do womething, Lagarde, its erasing my gain$$$$$

All you oil cucks should’ve bought TESLA instead. We are going to 1000 biznitches

>>18473070
In an ideal world you would have no new infections after the 4 weeks are over since the infection lasts less then that time. Doesn't work in practice though because people will meet others and infect each other

>>18473082

>>18473066
We were going up before the peak, you might say as soon as Trump money was decided. Now you are betting we'll go up because new are looking better. But the market is going to do its thing and take from those who have the most to lose and the word of the week is Trumpbux.

>>18472449
I just got mine this morning feels based

>>18473089
oil chads need to blow up tesla with all the extra oil drums laying around.

So oil and indizes are now mirrored?

>>18473113
where's le chiffre when we need him?

>>18473066
If you don't understand how much froth there still is, you don't understand valuations. NFLX is valued right now at more than 90 times earnings, do you honestly believe Netflix is going to exist as profitable as they were last year, for the next 90 years? The entirety of the gains under Trump have been fueled by delusions he was going to unleash some golden age for businesses, that hasn't happened. There are so many pieces to it as well from the several massive bubbles in housing, education, and now vehicles, the latter of which the industry is now beginning to scream about, even BRRRRRRRRR can't save all of that, throw in a 20% unemployment rate, and the house of cards is falling.

>>18472839
>You simply won't be able to make the same kind of money at the same kind of pace.
Just check previous years chart of like 50+ stocks, they're still volatile enough if anything just as volatile as it is now,

Everybody watch oil futures now if you want to see fireworks. Price is jerking around by almost half a percent on every tick. I'm about to go to bed. No idea whether bears or bulls will win the day here. It's either going to crater or do a massive short squeeze... then probably crater anyway if tariffs and missiles don't fly. My stop is a hair below the 19.25 level and i expect it to trigger at open.

>FUTURE RED
>OIL RED
>EARNING REPORT TOMORROW
bull day comfirmed?

nice gap lol

STOP FUCKING SELLING REEEE

>>18473154
The CIA should send some Iranians to start blowing up tankers in the strait of hormuz. Only way oil might get above $25 again this year

WHAT THE FUCK WAS THAT

>>18473132
>bubbles in housing, education, and now vehicles, the latter of which the industry is now beginning to scream about,
And healthcare+other insurance, taxes

>>18472881
Turned a quick profit on SQQQ as a joke, just closed it before Jerome wakes up

And basically all gains gone from yesterday already.

>>18473113
There aren't extra oil drums because they are all being filled because demand is down. Read a fuckign audio bhook you fuck

>>18473180
The nasdaq jump? It was only .5%

>>18473074
We're getting there. Might put some spare change on puts for next week. We will very soon see if Jerome is really going to stop a crash or if we were just sending sheep to the slaughterhouse but memeing for his infinite power.

>>18473179
https://mobile.twitter.com/TankerTrackers/status/1250100636710035462

Fettucini retracement breached
OH NO

>>18472900
That was last week, don't know what it is at this moment. Advantage of night shift is no passengers.

You’re delusional if you can’t see that this house of cards is valued in a bubble and the first domino has already tipped over, one day a reckoning will come, and no one will be using Netflix and the reddit meme says “haha gold price goes OOOOOOOOOOOOO” and basically the US dollar is going to Weimar and you’ll be living in a favela that used to call the USA because everyone lost their jobs and you thought a lack of liquidity and a short-squeeze was causing the stock market’s violent move up but ACKSHUALLY it’s just money printing because the stock market is meant to reflect the current employment numbers and NOT earnings for decades to come.

>>18473195
Kek they’re already on it, I guess

>>18473180
I'm saving this for my jesus christ how horrifying folder.

>>18472982
Only grab those that you think will survive.

YOU SOLD SQQQ?

silly Anon

>>18472861
> How would it change market outlook if serum antibody testing revealed there's already like 20% herd immunity in the US
Drastically, since that would imply we’d have gotten our act together to the point of actually doing serology tests.

>>18473195
That initially looked like a habbening but the tanker was let go.

>>18473219
It got me 600 dollars. I’m selling at market open I think.

>>18473220
>>18472861
would also mean that 20% already had it, which is idiotic even if testing is lacking behind

>>18473210
> stock market is meant to reflect the current employment numbers

>>18473241
If anything people being unemployed is bullish because they’re getting more money on unemployment than they were at their wage cuck job, unemployed people on nyc are getting 1100 a week

DAX crabbing and so will the DJI once it opens. I am yawning here, plz do something.

>>18473182
Also: the bubble would not be if companies paid their employees inflation adjusted wages. Instead companies pump the C suite and other overhead salaries way too high. It's not sustainable in the long run and leads to social unrest.

>>18473210
You're disrespecting the market. They will play us into shilling for Jerome, they will play Jerome into thinking it's saved, they will get everyone to put their rescue money in and then they will collect.

imagine not selling at the top, sitting on a pile of cash atm god i can't wait for the market opening

>>18473201
It's going to open at 275.xx.

I BOUGHT THE TOP AGAIN
FUCK THIS CLOWN MARKET

Oil bulls have arrived on the field. Let's see what they've got.

>The Coronavirus is very much under control in the USA. We are in contact with everyone and all relevant countries. CDC & World Health have been working hard and very smart. Stock Market starting to look very good to me!

February 24, 2020

>>18473276
keeping the /biz/ tradition alive I see. BUY HIGH SELL LOW

What are we thinking boys? Short the Fed, but oil? That’s what I’m doing

>>18473276
at least you didn't buy TSLA

>oil under $20 again
Alright this time I kill myself.

>>18473328
Dude everyone said supply was still way too much even with production cuts. No one should have gone all in on these 3x etfs. It only took a few minutes to read posts here and see that people were buying long term supermajors not short term etfs.

>>18473341
The day things open back up its time to buy etfs

>>18473314
Chill, today's dip is a test of greed. If it gets bought then that means there more stupid money to come in.

fucking hell this might actualy be a real dip

>>18473328
hey anon don't do it, send me your valuables before you off yourself, also make sure to tie the rope very well you don't want to end paralysed

>>18473281
Meh. Playing defense looks like. I'm going to sleep.

>>18473328
Anybody buying oil should do so only if they are going loooooooong

>>18473362
Oil bulls about to get slaughtered here. Best to get some sleep anon.

>>18473154
Would help if Iran bombardment of Saudi closed the strait for a week or two

>>18473219
>SQQQ
>up 3%
>after down 13% yesterday

>>18473366
Ngl USO 2021 calls look sexy, only going to be even better at opening.

>>18473354
We need to be able to deploy Jerome wherever he is needed. Helicopter printing

Bear market correction is over, second leg down is starting today.

getting raped here
-470 EUR and counting
Jerome, Lagarde DO SOMETHING

>>18473410
>The increasingly nervous man said for the 300th time

>>18473354
Wait, they might pick up this bait. Don't go shorting yet.

>>18473404
I think after he is removed from the fed he's going to assemble a crew, likely Kudlow, Lighthizer and a few others to be like the A team, but for BRRRRRRRR. They're going to be renegades driving around in a van just BRRRRRRRRRRRing wherever they are needed.

oil

>>18473404
If we could get people into thinking bbrrr works with memes, I'm sure enough will gather to pick this one back up.

bulls on the left
bears on the right

HAL is the only thing in the red at the moment, soon to be XOM for me

Someone convince me to not liqudate my calls at a 20% loss on open, and pouring $5,000 in Tesla puts....

>>18473453
>calls at a 20% loss on open
SPY Calls or what stock? Tesla honestly looks like it could gap up every day through friday. Buy the put friday afternoon if you want to try to short it.

>>18473453
It is done my son. Be the champion you want to be.

>>18473453
Too risky to short now. If there's enough people with Trumpbux free they'll see this as a dip. Wait to confirm it's the big boys taking profits.

>went long on oil yesterday
You're welcome, bobos.
Perhaps some trench tactics before going full scorched earth shorting.

>>18473465
>>18473466
I mean I had Apple calls that were up 11% on close, unfortunately I’m a PDT restricted trader so I have to hold over night, would of scalped a 16% return or $1,100 or so yesterday.

Now It’s probably going to be -$500 or so at open.

But the 10 year and Crude fell, which is extremely concerning to me.

Also fuck Tesla and his stupid cars, I prefer my 1998 Toyota.

Short term bull. Mid term bear. Long bull.
I switch from the second to the third when I see zombies dying like Uber.

>>18473487
>I mean I had Apple calls that were up 11% on close
Yeah im in the same boat but with SPY calls. Up nicely but now gonna likely be down today.

Crude went below $20 a few weeks ago and bounced, I think the reason we are there again is that it wont bounce back this time and will finally settled in the low teens for months. Stocks could very well move independently from that though, the stock market doesnt always follow oil.

Don't worry guys. Just trust the bullniggers and boomers!

>>18473471
Didn’t you hear?
We’re all spending our money on gatcha game premium content!!

Do you think normies are really paying that much attention to the stock market? Do you think any of them is going to think “well it’s a good time to open an IRA!” Or “I think I’ll save and invest for my future!!” ?

>>18473479
are you aware about oil hoax? you know where from free energy limitless atmospheric electricity comes from?
As long as chips gives profit, we all play the game with out suspecting game is rigged.
In fake economy you can loose any time at some ones will.

>>18473515
Provided you have the liquidity for it, now is the best time to remortgage a house with a fixed rate. That could easily save people thousands or tens of thousands of dollars long term.

>>18473507
I’m torn between a few moves.

1) Monthly OTM PUTs against Tesla.
2) Cash, waiting for a small drop, then 2022 Call Leaps on Ford,GM, and FCA.
3) Cash, waiting for a small oil drop, then playing leaps on XOM / OXY / UCO

The 10 year is what is fucking concerninrg as shit, I was able to time the top and turned $500 into $29,500 then back to $7,800 on some badly timed PUTs.

So we’ll see.

>>18473258
DAX will close -3/-4 % and so will the DOW.

>>18473515
Most normoids don’t know what a short is

>>18473554
blasphemy

Fuck you cocky bulls

>>18473563
many of them know about le beeg shorte

what's your point? they're still not thinking that they're going to buy the dip with their trumpyangs

STOCKS LOOK PRETTY GOOD TO ME

>>18473588
I was agreeing with you. Most have no idea what they would even invest in besides already huge companies like neatflix

PRICED

>>18473599
ah gotcha
Well enough people are scared and broke and just lost their jobs so some of them may unironically save or pay bills/debt.

investing in huge companies they know and use isn't a bad idea. Coke, Pepsi, Apple, Disney, Costco, whatever.

>>18473539
yeah... I do hear that, but how many people even have a mortgage? Always hearing about these housing shortages in metropolitan areas, and soooo many people just lost their means to pay off ther mortgages.

>>18473610
IN

>>18473599
>>18473588
Guys no need to fight. I can sum it up. Normies DON’T invest. Over 45% of American’s own Zero, yes Zero stocks.

Yes some normies will use their checks to buy stocks, but maybe like 5% at most.

Like I’m concerned about how ((they)) control the markets. I’m not worried about competing with retail investors which is why I give my advice for free.

>>18473527
>As long as chips gives profit, we all play the game with out suspecting game is rigged.
Sorry anon but I believe that can be said about the whole market.
Just see how detached from reality the market is.
To be fair, I long some renewable energy company too.

>>18473624
Not like any of us could charge for opinions. Even if I have been green through this all

>>18473624
>Over 45% of American’s own Zero, yes Zero stocks.
it doesn't help that (((the elite))) create insanely complex tax regulations and hoops to jump over if you want to invest properly. they don't want no one to get wealthy. but i will fight the jew and i will jump through whatever shit they throw at me. We will all make it my fellow /biz/raelis

>>18473624
>Over 45% of American’s own Zero, yes Zero stocks.
Does that number include or not include IRAs?

>>18473446
me on the right

WHERE ARE THE BULL POSTERS???

J-POW JUST WOKE UP

>>18473676
I live in Australia, it's not so hard to do taxes here because it's automatically tracked and you basically press 4 buttons and unless you're doing something crazy or a lot of personal info has changed and no other agencies know about it, you're done. I tried to get approved for the tax treaty benefits to trade stocks in America and it's a clusterfuck. I couldn't imagine trying to pay taxes in that shithole year after year.

>>18473285
Why doesn't he gloat now

I'M GONNA
I'M GONNA POOOOOUMP
I'M POOMPING
AHHHHHH

>>18473700
I ate them. Stupid niggers. I was saying the DOW is going to 20k in January and those stupid niggers just kept screeching about golden bulls or some gay shit like that.

>>18473711
>America is a clusterfuck
try Germany, yes you hear a lot about how easy it is to pay taxes here because the employer does it for you. But if you dare want to invest or god forbid become self employed, then you're in for the paperwork of your life.

OH NO NO NO COCK BROS

>>18473678
>>18473676
So I just double checked 1 in 5 American households, have “negative wealth” according to Market Watch, meaning they live pay check to pay check without sayings.

Then yes, it was confirmed that only 54% of American households, own any, yes any stock. This includes 401k’s that are mainly set up automatically at a lot of companies.

Also the top 10% of households own 84% of the stock market.

So yes, normies will most likely not be using their $1200 check to “short” the stock market.

Shit is so sad, I make $15 an hour and have more investments than 45% of households.

>Global stocks retreat as China cuts a key lending rate. Oil sinks below $20

WHAT THE-

>>18473195
I thought iran and china got along

>>18473725
That's why I really like the Australian tax system after learning about other systems. I guess there's some issues with the whole "they're tracking everything you do" but when you don't need to spend 1000s of dollars getting a tax accountant or even more if, god forbid, you fuck up your taxes, it's kinda worth it. Wages, capital growth, dividends, rental income, it's all automatically sorted out based on the paper trails the government gets.

volume shows that there are currently more sellers than buyers

huge DUMP incoming

we fucking bounced off the 2800 roof

it's over

W shaped recovery is now the best what we can hope for

>>18473732
Remember anon, half the population has under 100 IQ. Probably more if you account for the subhumans who aren't even accounted for with school testing and such. The more I learn about what's considered "normal" in society the more I realize I never want to by like any of those niggers. It's my drive in life.

why have the infection rates grinded to a halt? i don't like this optimism about opening the country soon

>>18473760
Jesus Christ, this is it. It's over

There has been a red future but pure fucking green dildos after opening fuck off BEARNIGGERS THE GOLDEN BULL RUN OF THE CENTURY BAS ALREADY BEGUN AND YOU CANT STOP IT
WE HAVE JEROME AND YOU HAVE NOTHING BUT A STUPID GAY NIGGER VIRUS

>The vice president also told Ingraham the Food and Drug Administration (FDA) is very close to approving a viable antibody test that will help determine an individual's immunity to the virus.

>"We expect the FDA to approve a new antibody test in a matter of days," Pence said. "And if approved, [we] could literally create more than 20 million new tests a month ... that’ll be a test that will tell you whether you have had the coronavirus in the past and whether you might in fact be immune to it going forward."

https://www.foxnews.com/media/pence-trump-reopen-economy-at-responsible-moment

what company does this test belong to guys? should be a good mooner, we can figure this out

>>18473791
where should we invest to capitalize on this?

Tesla trading at 750 after hours.
The eternal electric car cannot be stopped

Come now bulls. Did you really think this would last? A 50% fibonacci retracement is expected.

>>18473784
Buy the dip

>>18473801
the FDA

>>18473808
>fibonacci
The most meme of all TA tools

>>18472363
damn it, i should have bought back in below 400.
the bottom happened so quickly, i didn't realize. my brain was in full "get out" mode

>>18473808
haha rectangles go red>>18473826

>>18473808
>>18473830
thanks for giving me hope during this dump

>technical analysts

>>18472448
now review western cartoons

>>18473732
1200 from your next year tax return don't forget. Tis but a loan from your 2021 self.

>>18473791
I think Pence might mean that "should someone be able to produce a antibody test, we expect the FDA would stand ready to approve it in a matter of days". He doesn't actually say a new antibody test exists.

just -1% more and my daily goal is in

>fibonacci

>>18473848
>LITERALLY JUST SOME LINES!

>>18473775
Let Trump "open the economy" and we'll have Italy all over the states kek

i guess today is buy the fucking dip day

>>18473875
why do floor traders still exist in the digital age?

>>18472298
I bought the dip with my Roth 401K.
Time to reallocate for less risk, or will the brrrr machine provide?

>>18473854
>>18473774
So I just realized, we’re all gonna make it, we all know how to invest, most of us are decently young, and we know to pursue careers that pay well like Software engineering.

Were all gonna make it! Thanks Frens

>>18473883
For B-roll

>>18473883
More generally, why do most non blue-collar jobs require employees report to the same physical location?

>>18473889
if jerome brings out his A game today i'm gonna coom all over the screen. As it looks right now im probably gonna cry later

>>18473889
You either put it all into cash or ride out whatever comes. A retirement account shouldn't be doing anything remotely like trading.

>>18473154
Oil is going to $10 within the next month

Screencap this

>>18473906
I imagine a turbulent couple months, but all-in-all can see clear waters ahead
>>18473917
I'm by no means day trading, but did sit in bonds for the past half year and am not like those around me who were down 30% when the beer flu became a thing.
I'm trying to gauge the wisest position for the next 3-6 months.
I'm over the moon at the possibility of an earlier retirement 30 years from now because of these choices.

>>18473876
i don't think normies care anymore if a few boomers die, they just want to go outside

>>18473848
>>18473865
>>18473877
COPE MORE THAT'S WHAT YOU GET FOR LAUGHING AT BEARS

>>18473859
no he means the FDA is on the verge of approving a test. read it again or watch him in the video. if we could just figure out what company is on the verge of getting approval.

lets use our autism to make a list of possibilities. i know there is a stanford university developed test but not sure who they would contract with to produce it

>>18473775
2nd wave, baby

>>18473948
I would agree with turbulent but should I sell right now to lock in profits? Maybe I'm to greedy when I'm still holding tesla?
>>18473892
I hate programming

>>18473964
if this is true then now is the time to crash it

>be Citron research
>just talk stupid shit with no grounding about random stock you just shorted
>it tanks because for some reason people actually believe you
>sell and do another a few weeks later
>...
>never actually predict shit like LK
I have to say, they have a good hustle.

>STRONG SUPPORT AT 2780
>STRONG ROOF AT 2800
>STRONG SUPPORT AT 2780
>STRONG ROOF AT 2800
>STRONG SUPPORT AT 2780
>STRONG ROOF AT 2800
[YOU ARE HERE]
>STRONG SUPPORT AT 2780
>STRONG ROOF AT 2800
>STRONG SUPPORT AT 2780
>STRONG ROOF AT 2800
>STRONG SUPPORT AT 2780
>STRONG ROOF AT 2800

>>18474004
based crab

>>18473983
I've never liked Tesla - personally and the business.
Tesla owners are the new wave of Prius owners - smug and full of themselves.
Musk lies nonstop
>We're starting a candy shop! We're going to Mars! Ventilators!
The electric car is a failure - everyone hates waiting for it to charge, it's overpriced, and in a time of bargain priced oil, who wants to deal with that?

>>18472365
>Technical analysis
I prefer cunny analysis and music analysis

maybe this dump is just germany announcing basic pention for everyone

>>18474037
true. I hate Elon Musk. As soon as the corona crisis is over im planning to sell. I just bought it because it's a meme

>>18472385
In investing. You use FA to pick a profitable stock, then you use TA to know if YOU will profit from said stock.

>>18474047
based and FBIpilled pedoposter

>MRNA upgraded to 40s by Oppenheimer
>perfectly lined up with breakout pattern on open
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

https://www.fda.gov/news-events/press-announcements/coronavirus-covid-19-update-serological-tests

>The FDA can also authorize tests for COVID-19 under an Emergency Use Authorization (EUA). To date, FDA has authorized one EUA for a serological test that is intended for use by clinical laboratories.

>Since the FDA issued the policy, over 70 test developers have notified the agency that they have serological tests available for use. However, some firms are falsely claiming that their serological tests are FDA approved or authorized, or falsely claiming that they can diagnose COVID-19. The FDA will take appropriate action against firms making false claims or marketing tests that are not accurate and reliable.


so 70 candidates for the moon mission, lets narrow this shit down guys. the one mentioned that has the EUA is Cellex. Theres another similar test that just got EUA by company called BioMedomics. Both appear to be private companies, so no use for our purposes. Unless we can figure out if they have contractors building their tests taht are publicly traded

>>18474048
>did it for the meme
wow, you're pretty smart

>>18474067
what does that mean for the entire market? medicine soon?

bear trap is almost set

BUY COLD, CAG, LW IN 1 MONTH WHEN THEY DIP

>>18472365
>position of mercury below reddit
You doubt the power of quicksilver? It's named after the the messanger of the gods, the patron of financial gain and commerce and its meaning is volatility in alchemy

Who's in on BYND today? Onions's up boys

>>18474104
antibody test to see if you already had the virus in the past. which would likely mean you are immune and are cleared to go back to regular life

Now that we reached the top, are you ready for the next bottom?

>>18474130
so they will force 10% of the people with immunity to work for the rest 90%? that's it?

>>18473889
What’s your time horizon? If you got 5+ years just go all in on blue chips or russel 1000.

My 401k takes like 3-5 business days to process transactions and you can only rebalance like 10 times a year, so timing shit is difficult. Might as well let it ride.

>>18474137
this will shape into ideal W letter bottoming on the 1st of May and fully recovering by the end of June

>>18474137
>Fibonacci

>>18474047
get the fuck out you pedo weeb

>>18474155
>>18474155
if this virus is as contagious and mostly asymptomatic in most people as some think, it might be that 60% of the population already has been "infected" even if they never got symptoms

>>18473854

this is completely fabricated

“This is not an advance and there is absolutely no obligation to pay it back."

found another test. Wondfo is the company, not FDA approved but being used extensively in China and Asia. they are publicly traded but only in china. they make other tests too like pregnancy kek

I'm stuck bagholding 80k of oil stocks like Shell and Halliburton and it looks like they are going to dump even more today. FUCK

>>18474197
stop saying asymptomatic and start saying what it really is
F U C K I N G
U
C
K
I
N
G

H A R M L E S S
A
R
M
L
E
S
S

guys why arent you fuckers helping this could be a gold mine if we figure out the company

>>18474163
I'm in my early thirties, so unfortunately 30 years unless I can play my cards right.
Good to know about the delay - but thinking long-term it shouldn't matter. I'm mainly in the S&P if I recall correctly, the blue chip fund had a really nasty fee.

Quick tutorial for those new to technical analysis.
https://www.youtube.com/watch?v=IOQpribnNPs

>>18474212
Harmless to the asymptomatic person but if he coofs on a boomer, that boomer is ded.

>>18474212
>one post by this id
/pol/ waking up

>>18474206
As long as they don't go under oil will recover
Unless a new abundant cheap energy source us discovered

>>18474190
mad?

please someone buy Akka Technologies
these bags are heavy

>bulls trying to uplift the market but don't have power to do it

CUTE

What you guys think of KIRK?

>>18474212
Literally piles of bodies you psychotic conspiracy retard
You have never in your fucking life has the inside scoop on anything, you pathetic easily fooled idiot

>>18474231
Implying the CIA would’nt immediately prevent us from using that energy source to keep the middle-east stabalized, and protect the US petrodollar

>>18474212
Tell that to boomers and people with lifelong health conditions, you're an ignorant selfish little shit. I have friends whose parents have died and you have the gall to smugly assert online that it's 'JUST THE FLU BRO' go fuck yourself asshole

the red candle from 30 minutes ago signifies that this it not the bottom yet

>>18474231
I just hope it doesn't take 3-5 years because I need that money within a year or so if housing market takes a nice dip

>>18474245
but thats the thing, they think they have it and blurt retarded shit like this because of it

>>18474248
>I have friends whose parents have died
no you don't

>account is going to take 2 days
What are some stocks I should buy since everyone is getting the stimulus check but everything is shut down? Would Sony and Nintendo be a good idea?

yep

the data is bearish as fuck - when 2785 is broken it's freefall from then

>>18474262
yes I do cocksucker, maybe if you had friends you would realise this isn't a fucking hoax

>>18474258
>I need that money within a year
>I need that money
you shouldn't invest it then

i didnt file my 2018 taxes because of depression. i cant file my 2019 either for the same reason so i dont get any money? not fair

>>18474264
What makes you think that is a significant support?

>>18474276
OK I don't 'NEED' it but I'd like to buy a second house to let out rather than be holding bags during a recession

>>18474271
>yes I do
no you don't
.0079% of the population has died of this
if your argument was so strong why would you make shit up

>>18474288
Yea you fucking freeloading nigger

You get nothing except for the dole youre already on

>>18474206
Imagine not going all in on XOM a month ago and never checking the price once after that.

>>18474288
lmao cool story nigger

>>18474293
I don't give a flying fuck what you think, I'm done talking to someone who clearly doesn't go outside, talk to anyone or interact with society at large.

a tad concerned, this shit could become green in minutes, fucking feds

>>18474288

go to irs website, you can still get paid

>>18474291
then buy a house you stupid nigger. you can't buy your cake and eat the house too

>>18474322
Why do I even go on this board

TSLA is literally a bitcoin at this point

SPY puts are too expensive to load up on at open today. Any other good cheap alternatives?

>>18474327
for my bristling insight. If it weren't for me you wouldn't have had more than 2 months to prepare for the DOW 20k plunge.

>>18474219
Because honk exchange

new
>>18474348

>>18474333
Uber doesn't even make cars.

>>18474219
What?

>>18474271
>hoax
welcome to 4kek, three months ago /pol/ was crying and begging governments to start the lockdown and they were providing all sorts of evidence that it is a real virus and a real threat to humanity. now that the virus became "mainstream" kids on 4kek are calling for lifting of the lockdown.
i hate nu /pol/ so fucking much.

>>18473700
I bought spxu at the close yesterday
feelsgoodman

Tesla bear x4 and Dow bear x4 + puts on the menu today boys. Fuck all bulls.

>>18472459
I've been flipping INO a few times in the last two months but m8 you're playing with fire if you have a significant stake in them.

the futures are literally about to go green lmfao

>>18472471
Based. LMT NOC RTN and SAIC. I have personally rode 2 TS/SCI missions with their guys, they're legit.