/biz/ - Business & Finance

>>18691202
So for this next week imma buy into some airlines, some oil, and some mary jane.

>>18691230
>People capitulate and buy stocks again
Is this bearish?

>>18691202
ALL IN CRYPTO. BOOMERS EAT DICKS IN HELL. that is all

>>18691202
snss going to moon

I need to stop coming here and do shit with my days

>>18691360
If you want to get pumped and dumped you can just get biotech stocks

What airline should I buy?

>>18691249
We are hitting peak optimism right. Just wait until things are reopening again and people cannot afford goods and services and unemployment doesnt decrease at all.

>>18691570
Every city in China still has at least partial lock down measures in place and its been half year. Theres at least 100k Chinese dead, probably double. More reports of hard lock downs and second wave are just coming out.

Why is BILI dumping dammit.

Dividends Every Week

>>18691625
Same with Singapore, Japan, and India. But it is a nothingburger and destroying the economy is just for the lulz, right? :)

I haven't been following the news since friday, did I miss anything apart from Kim dying?

>>18691747
The economy is saved!

Now that best korea is finished, how do I invest in Roof Koreans?

>>18691907
Where my zoomarines at

>>18691981
>Using
>Buying
>Endorsing
>Having literally anything to do with chink products, businesses or software

>2000 PE

>>18691993
What kind of eyeball soup is that
Also my post was sarcastic

So what's this new stimulus shit I'm hearing about? Is this actually going to happen or is it gonna take them a month of voting before they say no?

>>18691907
>>18691981
>>18691993
>>18692007
ZM 120 PUTs Jun 19 here

send me my GOSH DARN tax free $2000 monthly check, congress
I swear if they do something like limiting it to people who make under 100k again, or people who are unemployed, I'm going to be a very mad boy

>>18691729
>tax events every week
retard strat

>>18691729
>get 3% dividend
>stock drops 3%
Pure retardation.

Would an AI based (aladdin) corporation be a right investment atm? BLK?
Looks like it’s backed by the governments, so the top rounds

>>18692220
you get your money when the divvy comes, you pay your taxes once at the end of the year...

>>18692251
I'll buy BLK, no problem
they're a black hole sucking up everyone else's AUM slowly and but surely

what does /smg/ think of people dying because they can't afford healthcare?

>>18692272
The real interesting questions are
Was their guidelines massively changed by COVID? As governments will now want to produce locally, would their portfolios and influences evolve? As that would be the case for everyone, would they be faster?
Again, is BLK just a CIA plan?

>>18692280
>be poor
>have kids
Isn't healthcare now mandatory in the usa?

>>18692280
bullish
if you can't put together $40 to get tested, you surely aren't going to be able to afford the treatment if you're one of the <1% who get an aggressive case

>>18692297
>is BLK just a CIA plan
hopefully but not necessarily
BLK is just a part of the market now. As people buy stuff or sell stuff or hold stuff, BLK makes money.

>>18691729
People knock dividends, but there is absolutely nothing wrong with that style.
Some people are more passive than others and there are numerous strategies to make money in the market.

>>18691570
>peak optimism
on /biz/ or what? survey among traders shows that only 24% see the market rising further down from 33% last week. the entire market is pessimistic and just waiting for the next downswing. once the first companies go bankrupt it could lead to a chain reaction

>>18692280
Reddit is so retarded
Especially since emergency rooms literally can't refuse service to you.
Worried about it affecting you long term? Do it, never pay the bill. Declare bankruptcy.
That shit will be gone in 7 years.

>>18692311
It's free for most poor people but the lazy and stupid dont want to sign up so they go bankrupt and die

>>18692331
>be day trader who doesn't have to worry about any of this shit because i don't hold overnight
>*smugly sips coffee*

the feeling of superiority is immense every time i read how worried you guys are about what might happen on any given open. because, let's face it, you have no fucking clue and there's no way you can really protect yourself from large gaps.

>>18691570
Good, crash again. Give me more time to average in.

>>18692356
basically pic related happens all the time on r/coronavirus, honestly i too am considering not going anymore but i feel like i should keep informed on what's going on and don't know a better place to achieve that. and obviously it's r*ddit so it's very heavy with the liberal bias and the hatred of trump, which can get grating. same problem i have with imgur.

>>18692384
ahhhhhhhh fuck forgot pic, fuck me i guess see you in a minute or so

>>18692365
>protect yourself from large gaps.
Why would I?
Assuming not a single position is large enough to fuck me over and gaps can be positive as well as negative it will average out to +-0. That's called noise(probably log normal). You can have intraday gaps too. It's not limited to overnight.
Your smug is not justified.

>>18692392
>>18692384
Goddamn that pic gave me cancer.
I don't really care about their politics or bias, but it's just the general retardation, pandering, and lack of connection to how things REALLY are.

If you are willing to put up with the bullshit of /pol/ , they are an actual good source of information.
But it's like sifting through garbage to find an edible sandwich.

>>18692365
large gaps go both ways

>>18692384
>>18692392
everything I've ever seen in reddit screenshots is people whining about
>why do things have to cost money
or
>why do bad things have to happen, ever
it doesn't seem like important information. That website runs on the Bernie Sanders mentality 100%, they think that if they just complain about healthcare, housing, and education costs long enough, then eventually the government will magically pay for all of it.

>>18692418
>You can have intraday gaps too.

show me the AMD intraday gap please. not a low float penny stock, asshole.

>>18692007
Bullish as fuck.

>>18692280
Bullish as fuck

>>18692437
>>18692462
Jinx, suck my cock

>>18692424
Quick question, Has anyone ever actually met a "Redditor" in real life?
I mean, someone who lives and breathes that shit. Not someone who dabbles in it.
It's like they're living on another planet.
8 years ago, I would have told you there was nothing worse than a /b/ user in real life.... but goddamn... reddit.

There's nowhere for the market to go from here but up

>>18692561
you are damn fucking right. embrace the clown market.

>>18692433
>asshole
Why so mad?
>AMD
Nowhere in your post did you mention a specific ticker or any limitation on a ticker as a prerequisite for your argumentation. Technically speaking you have a gap when there's no limit order between any 2 limit orders which is always the case on the small scale because we don't have infinite liquidity. It's about the size of the gaps not their existence. They really are ubiquitous. Bad/Good news can hit in market hours too and there's no limitation on what can happen. Your stop loss might execute but the slippage might be huge in relation to your usual execution range.
>ignoring the rest of my post
AAAA DUUUUH

>>18692551
do you seriously think there wont be another big dip? there always has to be one this week

what a nice week ahead of us. Bobos will be fed up for weeks
>>18692561
wrong

>>18692592
Watch amazon earnings be spectacular but it dumps anyway

>>18692508
I went to school with a few sjw. The rest are all dabblers. Girls are also a lot like this. They don't usually talk about it but if the topic comes up it's all about whining and feefees.

>>18692597
Despite being overbought I do like AMZN so I might buy some without hedge

>trading 212 doesn’t let you trade options
AAAAAAAAAAAAA why the fuck is there so little choice for euros.
It’s either be too poor to get an actual brokerage account or use some neutered RH clone like T212

>>18692684
>trading 212
is it even real broker?

>>18692592
would you recommend buying stocks and sell an hour before earnings

>>18692601
>HOW DARE YOU TREAT ME DIFFERENT
>BUT I'M JUST A GIRL! HOW DARE YOU TREAT ME LIKE THAT!?

If I had a dime........ Christ. This is why I don't engage in debate with women, mostly, because they don't really want to be equal.
Most are disingenuous and cut-throat.

>>18692574
you can't say things like "gaps happen intraday too" when that's simply untrue for actually good stocks with liquidity, or hell even /ES which tracks the whole S&P. AAPL, for example, same thing. news can hit mid-day and you may get some slippage but STILL nothing compared to holding overnight, you still get a triggered stop loss that could be the difference between say 1% becoming 2% at worst vs. 1% risk becoming 10% or worse with no stop inbetween. sure it can "gap in your direction" but the point is you can't really properly manage risk the same way a day trader can. news can happen midday but generally you know about it ahead of time, it's scheduled and easily avoidable in 99% of cases. meanwhile if you hold overnight, if the news happens after market hours, there's no way you could have known and no way to protect yourself from the drop.

the point still stands, i don't have to worry about what monday is going to open at. i just wait a half hour for the market structure to develop and then trade my setups. i've done the holding overnight swing trading stuff before too and it's a lot more stressful, in the best case scenario with proper position sizing, you're just doing the same thing im doing intraday except with the inclusion of overnight risk. intraday gapping of "real" stocks basically never happens, it's extremely rare and i, again, ask you to provide an example of this happening on a real stock (AMD, NVDA, MSFT, AAPL, i mean take your pick of anything with real liquidity and name recognition) with any kind of regularity.

you're just being disingenuous, so im gonna remain smug about the superiority of my risk profile. *sips*

>>18692508
I've met people who browse reddit but never the soiboy caricature

>>18692700
I sometimes do that but I wouldnt do this with AMZN. In fact Im shorting google into ER for this exact reason, but AMZN is indeed profitable and growing. Now 0 dividends despite all that is another thing but still, AMZN is too hard to speculate on since it performs better than rest of market

>>18692592
Unless you're holding utilities, or are just willing to hold bags until nothing (like me), then you're going to get fucked on almost all those picks.

Bulls are truly retarded.

Best case scenario is we crab for a month before a slow downturn. Worst is we drop like a burning broken rocket out of the sky.

Daily reminder for newfags not to trust strangers on the internet, especially one that holds a lot of devote christian basement dwellers who never left the home, literal arrogant children, zion-don's cult and gamblers who don't understand basic economics. The US is not going to destroy it's global standing just so Donnie can get re-elected.

>>18691625
>half a year

>>18692684
Most european brokers don't let you trade the american option market. There's only the european market which consists of direct trading with the quoting machines of banks. If they don't like the current price and/or volatility spike they just turn off the machines and let you wait there without quote for up to 15 minutes. Absolute faggotry. I don't think there's a single broker that let's you actually write options.

>>18692734
>then you're going to get fucked on almost all those picks.
what picks?

>>18692743
I don't know about writing options but you can trade pretty much all options on my broker (hellobank)

>>18692735
Nah bruh, look at nov 1987. Crabs sideways for a year, Hit previous highs, consolidate again at monthly 20ema , and then make new highs for the next 13 yrs.

>>18692384
>liberal bias and the hatred of trump
OK drumpftard

>>18692735
Crabbing isn’t bad, holding off the a big blow gives market time to take in the real bottom. Can’t have the bull bleed out all at once. Where is the fun in instant death. Also Biden isn’t winning, even if both Donnie and him are incoherent.

>>18692775
I mean monthly 50 ma

>>18692713
Nothing too much like a onions boy, but cringy reddit shit everywhere.
I used to work with a guy that browsed reddit all day and spouted Rick and Morty phrases everyday. I'm glad we no longer work together.

>>18691735
A bad flu season in the US is about 60k dead. Literally a much worse flu, with no reliable treatment and no vaccine to protect those likely to die, but not worth crashing this economy with no survivors.
Or it wouldn't be, if the bubble hadn't been massive and prepped to pop by the Chinese shutting down, so why not. At this point I'm convinced the virus might help us get out of recession faster, because it's given the government license to do whatever it wants, and half the country seems to think everything will go back to normal once lockdowns lift. If they can get the market to believe that, then it will be the truth, regardless of demand destruction and reality.

>>18692781
>drumpftard
Nobody fall for this awful attempt at bait.

>>18692684
wtf I just opened app and you can buy fraction of share (at least with virtual acc) how the fuck does that work

>>18692695
It’s really fucking popular outside of the US but then again popularity != good. It’s decently reputable though, as there’s no way in hell it would’ve got this far by being a shady piece of shit.

>>18692794
what a time to be alive.

>>18692799
i didn't reply to him, did i? :^)
let's talk about coffee instead.

1000k left of my 5k starting account. What do I do on Monday. I was thinking about starting option trading

>>18691735
>implying covid is the thing destroying the economy

It’s government destroying the economy, and you’ve had tards crying for recession ever since 2015 and saying it’s been the longest bull since ever. Well here’s the recession. Load up and stay poor, pleb, cuz I know you’re scared.

>>18692820
>I was thinking about starting option trading
that sounds like ending of your trading

>>18692743
Fuck. That sucks.
Looks like I’ll be missing out on the high octane, high reward potential gambling that is earning week options.

>>18692812
I haven’t touched fractional shares but the tutorial video for it has been a YouTube ad for the past 4 months so if you look it up I’m sure you’ll get it fairly quickly.
From what I get out of watching the as for 5 seconds, it just seems to me like it’s a
>“look how cheap investing is, goy! Just one pound to start trading. And now just another, yes now another £100 more, look how much money you can make on the stock market goyim!”

>>18692820
It’s time to stop and walk away gambler.

>>18692799
Cope

>>18692835
Yeah you’re prob right. I just am spinning my head around how well I was doing with beginners luck. Then I went all in on a stock that got halted back in mid feb and when it unhalted I went from being up to 9k to being down a grand from starting. Then I rode that down to being 2k down from starting capital. Cut my losses and put it all in on LK coffee before that crashed

>>18692820
stop while you still have money left. dont do this shit, gambling at its finest the way you're going

>>18692867
the only way forward is to review your mistakes (I see 3) and ask yourself how do you want to start over to do better

>>18692880
I shouldn’t have gone all in. I revenged traded to get my money back faster which made me leave faster. And I also didn’t cut my losses early enough. Since then I’ve cut losses much sooner. I have an issue finding exits and taking profits. Every time I’ve gotten too greedy and waited too long. Could have taken 100$-200$ profit but waited and ended up -100 to 200 more times than I can count

>>18692782
>hair in the shape of a heart
>big sleeves covering her hands
wow that is cute right there

>>18692867
what stock was the one before LK

>>18692735
Bears are truly retarded.
Worst case scenario is we crab for a month before a slow return to normal. Best is we soar like a rocket and straight to the moon.
Daily reminder for newfags not to trust strangers on the internet, especially one that holds a lot of devote christian basement dwellers who never left the home, literal arrogant children, zion-don's cult and gamblers who don't understand basic economics. The US is not going to destroy it's global standing just so Donnie can get re-elected.

>>18692708
>1% risk becoming 10%
You don't set such small stops for swing trading.
> "gap in your direction" but the point is you can't really properly manage risk
Did you completely miss my averaging out point? Pretty sure gaps follow a log normal distribution(approximately).
>news can happen midday but generally you know about it ahead of time
No, Anon. You don't. How many intraday SPY crashes did we have where we didn't even figure out what was going on? Quite a bunch.
>if the news happens after market hours, there's no way you could have known
>MINE GOOD
>YOURS BAD
I don't know Anon. You're just saying random stuff here. Some of those news events are expected. You'd know that if you'd look at the company itself except only at the charts. I'm not saying that all are but you're clearly overblowing ah/pm gaps. It's a matter of scaling. (relation of average gap size to intraday volatility to holding period to usual profit % and loss %). Sure, there are stock that are quite overnight gappy but there are a lot that aren't.

hopefully zoom crashing starts to scare people off from buying overvalued tech and sell out on monday causing a slight dip

>>18692903
Spex -> AIKI
halted. Had a name change. Got delisted for a day. All this crazy shit. My 5.00 buy in of thousands of shares. Cashed out at like 1.50. It’s been stuck at .50 since. (One pump a few days ago to 2.50 for about two hours but whatever.)

Bullish?
https://twitter.com/Jkylebass/status/1253699340507414528

>>18692967
can they send me $100K, and defer social security by 10 years (until age 77)?

Kyle based is the guy who makes chinks seethe on twitter right? that's my fuckin dude right there

>>18692227
>sell stock for cash have no stock anymore

This is pure ignorance masked as confidence

>>18692895
>I shouldn’t have gone all in. I revenged traded to get my money back faster which made me leave faster. And I also didn’t cut my losses early enough.
Yeah, you should be taking small dips no more than 10% of your acc into one thing imo. This way even if one trade goes 10% against you (which is a lot) you're losing 1% of your trading acc.
Also the way I do it, when I lose money on something and I catch myself going emotional to get back I halt myself and remember what Stan Druckenmiller once said: "The way I see it, until I break even, I didnt earn myself a right to bet big. Odds against you in casino are what? 31:32 or something like this, yet majority loses it all by doubling down while losing and playing conservative while winning. So I should do the oppossite"
... So I try to do so myself and taking 3 days break helps me cool off
Exits and stops are hardest thing I have yet to master myself... I got too greedy with oil last week. It was printing me money but then Trump tweeted and instead of cutting it when it went from 11 to 13 I doubled down thinking Im outsmarting the market but then bithces halted trading and here we are with much bigger losses and exit at 16 . Stops are hard since I have to admit I'm wrong and I fear being outjewed with a trap but exits are easy for me, if anything I exit too soon. I have no problem going 3x more into red than my captured green and this needs to change.

TLDR remember Stan and go slow but steady now. I lost like 6 grand on TSLA puts two weeks ago, I banned myself from option trading and planned how much I need to make every day till I break even. I got back and went green this Tuesday making 2-3 trades a day capturing just enough to hit the break even plan.

>>18693002
It's retarded and you know it.

>>18691567
Delta and Southwest.

>>18692227
The corporation is prometheus
his liver is the dividend
you are the eagle that comes and eats his liver every day

>>18693002
>he doesn’t pay for his food using USO shares

>>18692852
weird just watch the vid, didnt get how it works technically. If they said you own CFD on stock then yeah this is nothing new, but they advertise it as if you own actual piece of share. And I have never seen share splitting anywhere in markets.
>>18692227
>>get 3% dividend
>>stock drops 3%
if only.. good stock recovers pre market I was not able to reinvest 3M so many times..

>/CL -100%
I told you USO bros, I told you.

>>18692967
i find this hard to believe...holy shi

So this week I was thinking XOM puts? They have earnings on Friday and I think people are going to sell off before the terrible report.

>>18693061
There's no real point of saving anymore besides the usual safety net argumentation. You used to get 5% pa now you get inflation. Might aswell just blow it out.

>>18693071
Options on oil is always gambling. There are just too many factors to take into account, even if you're an inside trader.

>>18693061
>50% never saved a dime.
That is depressing, meaning we are going to see people working at old age.
>>18692903
Cute is my reason to get up in the morning. I want a world of cute things. Not the wasteland desert I see before me.

>>18693073
how do i take advantage of debt like companies do? i want a ton of free money that i just pay for by getting free money from other people to pay the first people i got free money from and making that go indefinitely while i live a lavish lifestyle, too.

>>18693004
Thanks for the pep talk. Yeah I’ve since done some actual research on what to o and what not to do and I basically did everything in the book right in order to blow up my account. Also I have a problem chasing trades. I see a stock skyrocket and say “oh now my time to buy” but I’ve been better the past few weeks about ignoring that feeling and just watching the stock instead of buying. To see if my gut was right or wrong. I’ve successfully made a few bucks here or there riding Apple and Tesla then selling them reriding. But yeah no more than 10% until I get back up there. Even if it takes a year
My grandpa was a trader. Retired a millionaire. But he’s lost a shitton on stocks as well. I talked to him about this and he said ‘congrats now you’ve entered the stock market’ and also told me the stock traders prayer “oh lord please just let me make back the money I’ve lost and I’ll be done”

>>18693087
there are always too many factors to take into account, which is the reason that the only legit strategy is buy low sell high or buy low and cut your losses if it doesnt work out.

>>18693087
I know I try to avoid oil in general but I feel like XOM is overbought in the wake of the worst oil crisis in history. Its riding on that corona hopium but there is no sign of the price war truly ending any time soon. I think earnings will shatter that optimism.

>>18693018
You know that this post is too good for this board.

>>18693098
while not in recession, go to banks and ask for loans. go to more banks and show your first loans and act as if it was actually your money. good luck, dont get too lavish or you will financially ruin yourself.

>>18693093
> we are going to see people working at old age.
That's already happening.
>>18693098
Don't forget that you have to pay interest too. Your debt pile will stack until no one (except the FED) will give you money anymore. That's when you're fucked.

>>18693093
my boomer relatives are on the poorer end of the spectrum. They don't own a home etc. They literally never thought they needed to save for anything. Their entire plan was to collect social security and use their inheritance

>>18693093
the really depressing part is when you realize that it's because we don't have any kind of financial education taught in public schools, and this is probably done on purpose to keep the masses stupid and poor.

>>18693111
I'll also add that oil in general is probably never going to recover to what it was after this. This whole crisis might trigger a mass divestment from oil in the long term.

>>18693129
idk seems to have worked out well for Boeing, i think i'd be alright ;^) also maybe i just learn how to change my identity at that point and start the game anew, but how long could i get away with it before having to do some serious shit like that, i wonder?

g-guys? what does it mean?

>>18693132
Honestly if every high school had a mandatory business and finance class it would make a world of difference. Right now people have no fucking idea what money even is or where it comes from, let alone how to accumulate it. Its embarassing.

>>18693129
yes also take into account what this anon says.

>>18693057
where do you get this info?
>>18693071
Im already positioned for start of the week but I might actually start buying Visa and MasterCard once market shits its pants on decline in card payments this Q
>>18693101
>“oh lord please just let me make back the money I’ve lost and I’ll be done”
amen, Id ask your grandpa about exits and stops, Im sure he has xp to give you
>Also I have a problem chasing trades. I see a stock skyrocket and say “oh now my time to buy”
Im actrually jealous of ppl who have it. Im like embedded with contrarian view so if I see something in red I need to buy and if I see something in green too much I need to short or take profit instead of riding the wave.
>I’ve been better the past few weeks about ignoring that feeling and just watching the stock instead of buying.
for this I use demo accounts. I just swap to virtual funds to satisfy my trading urge and see actual PL of my descision

>>18691625
>>18692740
Little bit of a stretch, more like 4-5 months.

>>18693127
makes me think of this lmao: https://www.youtube.com/watch?v=H2BUra8v9UA

full thing (2 hours): https://www.youtube.com/watch?v=DcpIsapqbAc

really worth a watch if you've got the time.

>>18692852
There's a lot to like about it, but I dont like currency exchange thingy going on, can I just have acc in usd? Anyhow thx for explaining I'm gonna open acc and see whats up

>>18693148
>idk seems to have worked out well for Boeing
Who again is in talks for government bailout?

>>18692820
Walk away. Come back when you have done some research and don't want to be a retarded faggot anymore.

>>18692820
Nice 200x.

>>18693179
Yeah it gives you a choice of eur/usd/gbp for when you open your account. I think you can change that after as well.
It seems like a pretty decent broker, just that you can’t trade options on US companies. Kinda sucky but if most euro brokers can’t do that either then there’s not much anyone can do.

>>18693183
>research
>he doesn’t just go all in and rely on blind luck
It’s like you don’t want to make it.

>>18693218
I use tastyworks, you can open legit acc even if youre not memerican, bank transfer and youre good to go. whole mkt opened for ya, even futures if you deposit 5k. Don't bank transfer all in first transfer tho

>>18693180
that was mostly joking, but honestly im wondering how far an individual could go with a good debt scheme? obviously not as far as Boeing but i mean, how far would it be do you think? seems like if you learned how to do identity theft or team up with someone who does, it'd be relatively easy, no?

>>18693156
>Yes?
>...
>All of them bought?
>..Activate it.

>>18693009
Here, this video makes a very strong case for dividend investing.

https://www.youtube.com/watch?v=FpkAwHkKrd0

how fucked am i on this draftkings put? first time ever doing options and i feel like a retard. im gonna lose the full bet it seems

>>18693298
know-nothing gamblers get what they deserve.

>>18692592
lol I expect maybe 10% of those reports to be mediocre, rest will dump af. Especially Alphabet, AMD and Boeing.

>>18693310
What makes you bearish on AMD?
Im actually curious about their plan forward.
And BA is TSLA on steroids. Company with no profitable product but a bunch of money and jews behind it so I shall never bet against it. Idea of nationalized Boeing is more probable than bankrupt Boeing imo.

Are tanker stocks a meme or what?

>>18693111
>>18693140
I predicted the negative oil prices a month ago and still lost 400€ with deep OTM XOM puts. The clown market knows no mercy.

>>18693335
i've been saying BA should get nationalized since this whole mess started. or any "too big to fail" business in all honesty. either it's literally so fucking important to national security that we can't let it fail and in that case the country has to own and operate it, or it can fail, there should be no in-between.

>>18693352
I agree, I just dont know how to trade company like this with no inside info

>>18693156
>the hope that all of this ends quickly
Oh god no.

>>18693336
ET is converting some of their unused gas pipelines to store WTI, they expect to be able to store 8 million barrels in these pipelines

>>18693309
just looking for an evaluation on the actual put . was this way too low to ever have a chance?

>>18693310
>AMD dumping on earnings
>Alphabet dumping when people are staying at home
Fucking retard.

>>18692818
What kind of coffee is your favorite anon? I usually like light roasted beans from Africa.

>>18693377
>Alphabet dumping when people are staying at home
please provide logical explanation on why it's not the case

TA is shit, FA is shit, PRICE ACTION is the way. Get the lines off your chart you don't need that crap. Forget about muh recession, muh virus, muh sunk costs. Trade what is and now. If the price is moving up buy. If the price is moving down sell. It's as simple as it is. Higher highs and higher lows buy. Lower highs and lower lows sell. Stay in as long as the price trend persists. Use trailing stops and when your stop is breached, wait for the confirmation of the next trend before you go back in. At least 2 rounds of higher/higher or lower/lower. Go in, set your stop and let the trade run its course.
This is how it is done and how you win. No courses or trading rooms or furus who don't trade getting rich off subscription fees. Just you and the chart. Now get rich like me

>>18693335
It's at pre-corona/economy crisis levels, anything sub expected (which is to be expected as the report should reflect some damage due to recent events) should drop it to the support at around 47-48. I guess both AMD and BA are meme stocks now though and as such play by the rules of the clown market where bad news = rally, neutral news = moon and good(ish) news = new dimension

>>18693396
Hello? They own captcha, google, they're still getting paid for setting up ads and pushing search results on top for biggest payers.

There's literally no reason alphabet will be affected in any way. In fact, name me one reason why should it.

>>18693377
You know how Alphabet earns their revenue right? Fucking brainlet zoomer retard.

>>18693437
>In fact, name me one reason why should it.
they're getting paid for setting up ads and pushing search results on top for biggest payers.

>>18693437
Didn't Google just cut advertising by 50%? That's not a good sign.

>>18693352
Have you ever seen how the government operates? Boeing is better off being private.

>>18693461
>Boeing is better off being private.
being private they put revenues over safety and quality of their products basically making their flagship unsuable. You literally can not go worse than that if you produce airplanes

>>18693438
Cool argument.

>>18693410
Wait so you don't want to pay me $15k for a course?

>>18693480
it actually is

>>18693376
It's certainly to low for the expiration date.

>>18693437
Lower demand for goods and services = less revenue to cover marketing expenses = lower rates for advertising = less revenue for advertising services. Rumors of a ~90% drop in advertising related revenue are circulating in the SEO/PPC forums. Fucking simpleton.

>>18693437
Advertising budget cuts at big players due to demand shortage.

>>18693496
>Lower demand for goods and services
But we are literally seeing opposite. The demand is too high for supply.

>>18693496
>Rumors of a ~90% drop in advertising related revenue are circulating in the SEO/PPC forums
I dont believe it but if it's true...
Isnt advertising still majority of their rev?

>>18693247
I’m poorfag mode rn so I’ll only be trading with ~£700 initial capital so anywhere with an options paywall is out of the picture.
Hopefully I’ll be able to gain access to one at some point but for now I guess it’s swing trading.

>>18693553
you're better off with CFDs in that case yeah. 500 bucks is like one option sometimes

Just bought FB. They still have shit publicity (games, useless goods...) but it’ll surely improve. It really looks like a powerful medium now that COVID is here. Tbh FB is the regular internet for most people, easy to promote business/ideas.

Has anyone invested in FTSE All-World High Dividend ETF?
Europoor tempted to pick it up while its cheap

>>18693486
:) I mean, I'll take it but seriously you probably know anybody busy making actual money trading the markets isn't going to waste time charging $39 a month for the "secret". A trader with a real edge treats the market like an ATM machine pulling 5 or 6 figures a day with a futures account. The furus are on sim using sleight of hand to fool dupes into forking over cash for a fake dream. The only way is to read everything you can and piece together what works. Even the best books like Market Wizards isn't giving away the store but just a taste. It's up to you to sift through it all for the nuggets of practical truth. Find that and practice as long as it takes. For me that's price action in the direction of the trend. Trading reversals is attractive but it's fool's gold. You have to nail it every time and nobody is that accurate without talent and decades of experience.

>>18693477
>revenues over safety
They do not. The FAA CAA and EASA do cost benefit analysis. Flying by air is very safe. We will see how bad things get when no economic repercussions are analyzed. We are entering a new depression because of this virus.

>>18691907
I'm not going to be able to short that shit now am I?

>>18693606
>depression because of this virus.
lmao, absolute bull brain, I wont even try to understand what you mean by rest of this post

>>18693218
Sorry, newfren here. What's a "stock-option"?

>>18693490
at this point should i ride it out? i can lose up to 3.5k i think already down 750

Is there any way to actually lose with covered calls? I mean if stock goes down can't you just roll the covered call down for infinite profit as the stock keeps lowering? By the time you get assigned you ought to have made a good 50% on your stock between the premiums and the strike, so what's the catch?

>>18692592
Literally all the companies holding up the S&P are reporting this week.

>>18693671
It's a lot to write. Go to Investopedia to cover basically all of your terminology needs. Basically, it's a contract that allows you to buy a stock at a predetermined price at any time up to a predetermined date, and because it is a derivative, the contracts can be traded themselves just like any other asset.

does anyone do t*x or is that word forbidden here

>>18693606
>737 max_casualties
>not revenues over safety
They ignored safety so blatantly and purposefully that the execs should be charged for the murders of everyone who's died in a 737 crash so far.

>>18693218
eeeeew no good bond and dollar ETF eeeeeeeew can't use it as my primary

>>18693718
Oh yeah, I think I understand. It's like you're placing an order to buy a stock at a specific date and time and you can sell tihis order just like an actual stock?

>>18693725
oy vey I forgot

>>18693731
yes, and as usual if you sell option you're selling contract and you're obliged to sell on date at price. If you buy contract you have a right to buy on date at price.

>>18693633
>I wont even try to understand what you mean by rest of this post
It means that nationalizing Boeing or airbus is commie tier retardation.

>>18693768
the only retardation so far was your posting with no argument provided
& shit like depression cuz of virus was also funny statement

>>18692597
I can't see this happening, so it's definitely happening.

>>18693676
>I can lose up to $3500
But why would you want to do that?
I don't like fucking with options. They are for people who are both smart and know what the fuck they're doing. I'm neither of those things. So maybe someone here can give you some better advice. They may even disagree with my opinion on your expiration date, which as I said seems too soon compared with your strike price.
If it were me I would cut my losses. What do you even know about Draft Kings and the company they merged with? Reply without looking it up.
If your answer is dogshit then you can't explain why you made the move in the first place. If that's the case you need to exit the position and stop trading anything at all until you learn to perform proper DD and exhibit some sort of discipline.

>>18691202
What’s going to happen to Boeing stock tomorrow?

>>18693765
Okay. So, you're not obligated to trade options, right? Because I use trading212 like the other anon says, and you CAN buy shares from American companies as well, so personally I don't see how that's a big deal? Maybe it is?

>>18693727
>They ignored safety so blatantly and purposefully that the execs should be charged for the murders of everyone who's died in a 737 crash so far.
How so? Or maybe niggers shouldn’t be pilots? Also this all started with McDonnell Douglas. Boeing quit engineering new aircraft and began modifying old aircraft. Do you know how old the 737 frame is? They modified it to a point that the plane can no longer fly without pajeet coding.

>>18693788
Continue clowning

>>18693788
Down $.36 for the day. Actually had a dream about.
Here's an anon's thoughts on some of this week's earnings. This post was from late last night. BA is very tempting to me as a swing opportunity.

>>18693778
>the only retardation so far was your posting with no argument provided
>& shit like depression cuz of virus was also funny statement
Do I have to spoon feed things to you. Do research on the FAA, CAA, and EASA. They are international governing agencies to oversee the safety of airframe manufacturers. The virus will cause an economic downturn. Businesses will close, people won’t be able to afford rent, houses will go into forbearance. It will cascade from here. I can’t tell if you’re a kike shill or literally retarded.

>>18693794
The thing about options is that by trading them, whilst you’ll probably lose a lot of money, there’s a chance you can make a lot of money very quickly.
Trading CFDs is ok but not being able to do things like gamble on the (most likely) chance of poor earnings coming up means you could miss out on a lot.

>>18693798
>They modified it to a point that the plane can no longer fly without pajeet coding.
Imagine being this retarded...

>>18693676
Close the position now, you're not getting anything from keeping it up. At least you can cut your losses by getting a meager premium. The longer you wait, the lower the premium will be. What the fuck were you thinking by betting the stocks would go down 30% in a month?

>>18693298
Options trading requires iron hands anon. Personally, when I buy options, once I hit send I tell myself that money is gone. You can lose 20, 30, 40, hell even 70% of your contract before the movement you expected occurs and those losses are replaced by profit. That's not to say it's guarantee, something like 85% of all options contracts expire worthless.

>>18692311
>Isn't healthcare now mandatory in the usa?
$400/mo to still pay 10% of what it'd otherwise (((cost))). WE'RE NUMBER ONE!

Kek, based on our current tax bracket and income we'd have to earn 26k more a year before it pushed us higher. Getting paid a large sum in divvies takes time so unless me or my wife got a pay raise I wouldn't have to worry about any tax bite due to divvies for several years.

>>18693798
>They modified it to a point that the plane can no longer fly without pajeet coding.
Maybe they should not have put in engines that are too big to fit on the plane, and also not moved the engines so close to the fuselage that the plane becomes dangerous to fly, and also not patch this up with a haywire autopilot system, and also not ignore everyone who warned that it was a bad idea, and also not play foul getting the plane cleared for service, and also not neglect training pilots properly because it would involve telling them they're flying a coffin, and also not made the autopilot hijack the plane from the pilots by default.

>>18691202
Chamath:
https://m.youtube.com/watch?v=PPJN68wt4pk
Taleb:
https://m.youtube.com/watch?v=eoWI76Pu9JI

>>18693852
>>They modified it to a point that the plane can no longer fly without pajeet coding.
>Imagine being this retarded...
Imagine acting like you know what you’re talking about when you clearly don’t. Look at the engine on the Boeing 737-max. Do you notice the retarded location?

When Boeing set out to develop the 737 Max, engineers had to find a way to fit a much larger and more-fuel efficient engine under the wing of the single-aisle jet’s notoriously low-riding landing gear. By moving the engine slightly forward and higher up and extending the nose landing gear by eight inches, Boeing eked another 14% improvement in fuel consumption out of the continually tweaked airliner.

That changed, ever so slightly, how the jet handled in certain situations. The relocated engines and their refined nacelle shape1 caused an upward pitching moment — in essence, the Max’s nose was getting nudged skyward. Boeing quietly added a new system “to compensate for some unique aircraft handling characteristics during it’s (sic) Part 25 certification” and help pilots bring the nose down in the event the jet’s angle of attack drifted too high when flying manually, putting the aircraft at risk of stalling, according to a series of questions and answers provided to pilots at Southwest Airlines, the largest 737 Max operator reviewed by The Air Current.

The Maneuvering Characteristics Augmentation System (MCAS) was designed to address this, according to Boeing engineers and pilots briefed on the system, now at the center of the inquiry into the crash of Lion Air 610, a brand new Boeing 737 Max 8.

>>18693410
Price action is TA you dumbfuck.

I bet the bread from those breadlines was better than most stuff sold in a super market today.

>>18693794
well there are also two sides for options, its actuall 2D compared to one dimensional asset trading. You can buy calls and puts. So the was options began and the way you are supposed to use them is you long a stock, lets say AAPL @ 285. And you have like 1000 stonks so its 285 000 pos. And you're gonna BUY 285 may 15 put contract which basically implies "If price of AAPL goes below 285 by May 15th, I'm getting a difference between 285 and Apple price upon contract execution". This contract costs 1090 USD rn.
So lets say price drops to 270 in 3 weeks. Your pos is now 270 000 (-15 000), but you own a put option which means you're getting (285-270)*100 = 1500 USD.
By using right options on right expirations in right quantities you can protect your position. It is also used to speculate bcs option price is rising based on rising volatility. 10% move in stonk give over 100% return in option price based on expiration

>>18693526
Because there has been both considerable supply AND demand destruction. Buy and sell sides of the economy at macro don't happen in a fucking bubble.

>>18693938
Holy shit that's wicked. So if you're not stoopid you can actually make it with this? Damn.

Is this bullish? HealLight by AYTU.

>>18693929
>Maybe they should not have put in engines that are too big to fit on the plane, and also not moved the engines so close to the fuselage that the plane becomes dangerous to fly, and also not patch this up with a haywire autopilot system,
I completely agree. This all started when McDonnell Douglas took over Boeing. Boeing stopped Engineering aircraft and only modified them. This led to the shitty Boeing 737-max aircraft. Nationalizing Boeing would not help at all. It would only make things worse.

>>18693935
You're a dipshit. TA is lagging bullshit with every averaged indicator based on past price each one more removed than the last from what's actually happening right now. Right now as in this very moment. That's what price action is. Stupid.

>>18693335
BA is going to be a 2 digit stock price by Friday. The embraer news yesterday is bad long term news. Horrible more like it. Boeing up until last quarter was working to not only recover in the short term, but set themselves up to compete with Airbus better in the future. After the embraer deal falling through Boeing now has no answer for Airbus' a220 planes. They even made a statement last week about how committed to the deal they were, and threw it away for 4BN in liquidity minus a 100 million dollar fine they might be on the hook for. For a company with operating costs north of 70 billion to hurt it's ability to compete long term with what is essentially their only real competitor for 4BN? Sum ting wong at Boeing, sum ting very wong.

>>18693526
This is what happens when a supply chain is stressed from both ends, do not use it as a signal of strength.

>>18693974
Due to the increasing amount of retards brought by this shenanigans I can't tell if this is some meta level ironic posting or just plain retardation.

>>18693983
>For a company with operating costs north of 70 billion to hurt it's ability to compete long term with what is essentially their only real competitor for 4BN?
This shows how deep this lockdown will hurt the economy. Things will cascade. We are entering an economic depression.

>>18694010
You're a fucking dipshit

>>18693788
Boeing will announce that they’re 4 days from bankruptcy.
This, being a clown market, will of course push their share prices to ATH.

>>18693934
In other words the plane's out of balance. Hell I could see that just by looking at the picture.

>>18691202
What's a good memestock that will give me back all my gains that I lost last week?

>>18693974
You're a retard, there is a shitload of things that fall under TA, and price action is one of them. If you only use price action, you're still doing TA.

>>18693840
I've been saying Boeing makes shit planes since 2018 and regulators somehow allow them to do so, even before crashes it was apparent to me that much faster built plane than its NEO counterpart has imbalance with engines vs size. But now we know FAA was actually not regulating jack (US Congress words, not mine)
And if you think its virus that caused downturn you clearly dont know jack
so please do spoon feed me with something I do not know.

>>18693964
there's more to it when it comes to pricing if you want to speculate on it, option price actually decays over time cuz time is part of option pricing model. but yes, whole idea of options was asymmetrical returns to protect your capital. ofc that bring asymetrical return seeking speculators aswell. Here's an example of return curve based on price upon expiry. As you can see if you buy contract your loss is limited to contract price but your return is asymetrical af. If Apple goes to 300 by May 15th you're gonna make over 1k profit on 685 contract.

>>18694046
Dipshit, TA are moving averages, Bollinger Bands, RSI, MACD, etc., all mathematical derivations of price. Price action is the actual price itself. If you're too stupid to tell the difference then ask me how I know you have a 5 figure account.

>>18694045
MRNA, INO and AYTU.

Biomemes are literally bitcoins.

>>18694045
Try ET.

>>18694055
Okay anon, how about you explain what you imagine the difference to be between the price, and and a 1 day moving average to be.

Vietnam picking up like 30% of the businesses that left China, compared to India with roughly 1% and Thailand with around 10%. Vietnam is the place to be for foreign investors, the one anon here that invested in Vietnam out of all the countries in Asia did the right thing

>>18693836
I guess I will buy BA when markets open tomorrow.

>>18694055
Price actions IS an indicator for Technical Analysis. You can go fight your semantic war but you're still wrong.

> If you're too stupid to tell the difference then ask me how I know you have a 5 figure account.
Heh, check pic related. Now show yours.

>>18694104
>>18694107
TA is derived from price action, it is not itself price action nor is price action TA. My mistake, I should have said ask me how I know you have a 4 figure account

>>18694013
Can we talk this squeeze shit?
It seems to work quite well for SPY but only for SPY. Individual stock DIX looks fucked. Looks like random noise, "oh now in hindsight I see it. It was so obvious...",...
>averaging
SPY DIX is the market cap weighted average of the spy component's DIX. Could this be it? Most of the SPY comes from 5 companies. It's not that much of an average. If this works it should work for sector etfs too. Pls help

such sweet, false optimism

>>18694048
>I’ve been saying this since 2018
>Congress as an entity said that
>The virus and lockdown has no repercussions
>I know everything
I hope you’re not this retarded and conceited in real life.

>>18694105
Not to mention Vietnam isn't a commie shithole like ch*nks are. They're essentially diet "communism".

>>18694113
You can keep playing semantics all you'd like to, but especially a daily moving average, to pretend that's some watered down derivative of the price action is fucking retarded at best, pathetically disingenuous at best. Also, next say my account is only 3 digits while providing 0 evidence of your own incredible 6 figure account.

>>18694114
Ive only used it for the spy. I’ve had good results by taking the derivative of the gex with respect to the market price. Usually gives 2 day indication of things going south.

>>18694155
I have more than >>18694107 pic related in my RH gambling fuck around account and the only one playing "semantics" is your dumbass. Good luck kid I'm wasting my time. Go read an Investopedia article or something

>>18694175
Sure you do newfag. >>>/reddit/

>>18694175
> I have more!
> I just can't be bothered to provide any evidence of that fact
> Heh don't take it personally kid
Holy fuck I'm actually going to use the filter for the first time, why are you not a tripfag, you're easily insufferable enough to have one.

>>18694192
>>18694203
Get fucked

>>18693966
These guys are also making testing kits.

>>18694157
>taking the derivative of the gex with respect to the market price
Do you have your own gex? I don't see how you could get a reliable value from the sqzme dataset.

>>18694222
I can't trade them because they're OTC shit.

>>18694217
>actually trades with RH
You do have 1 thing you got right, you are indeed gambling. Thanks for the laugh anon.

>>18694175
If it's 100% based on the current and past prices/level 2 it's TA.

>>18693966
That is the stupidest shit I've ever seen. How much should I buy?

>>18694135
>The virus and lockdown has no repercussions
never said this, so any spoonfeeding arguments coming or...?
>I know everything
never said this aswell, I just happen to know more than you provided so far (which is not hard since you didnt say anything)

>>18691625

FUCKING 100K!? THEY'RE POPULATION IS LIKE 1.4 BILL. WTF IS THIS SHIT. AAAAAAAAAAAAAAAA

>>18692508
A brother unfortunately he isn't a tranny but is super liberal Bernie bro with the beard and vidya interests. He grew up somewhat but is still the worst person with money in our family outside of the drug users
>pandemic hits and everyone is unemployed
>gets his trumpchange first
>build an entire gaming computer with a 1k video card and all still bitches Trump didn't give enough because orange man bad
>is in student loan debt up for a sociology degree (is not a sociologist in any way)
>in debt to my parents
>in debt to my other brother
>uses the pandemic as an excuse to grow his neckbeard out

>>18693787
to be honest i just think Draftkings is a hype based company that people will invest in without regards to their actual profits and long term viability. i also felt that with the current ban on sports they may suffer significantly from lack of profits so they could drop short term. also, the ipo went live last week and isnt there more volatility in fresh ipos? basically im a retard

I wan to go long something but theres nothing to long except USD and CHF...

what's the green job equivalent of working on an oil rig?

>>18692592
>>18692592
>>18692592
>>18692592
>>18692592
WHAT DOES THIS MEAN AT ALL?

Will it affect the stonks/S&P, so it could crash?

>>18694139
Yeah, like most asian countries they end up becoming "capitalist communists" which basically means 90% capitalist and 10% communist. I read up on their political situation pretty recently and it's kind of interesting, in short their political party is made up of millions of people (because muh communism includes everyone blabla) and throughout the years even the communists themselves became comfortable to the idea of capitalism so the actual hardcore communist wing got reduced to a tiny minority that lacks any kind of influence at all.
It is said that the only communist thing that remains in Vietnam is the large amount of propaganda for the ruling party, kek'd.

>>18694505
Hydro/Solar power.

>>18694235
I'm in the same boat. I tried to buy in like 2 weeks ago.

>>18692508
Yes, I cannot work in IT long term because of it. It's bad enough I hate what they did to small forums, but now that shit is in real life and I can't just ignore it (for now).

>>18694505
Lithium brine pump operator in South America

>>18694395
I really don't think that's the case, I think it's an image their trying to sell, but I don't think they're at all one of those names. The other names like TSLA, SPCE, BYND, all do big shit and sell massive dreams around their products, while draft kings is a douchey sports betting site with a 375 P/E.

>>18694510
>WHAT DOES THIS MEAN AT ALL?
it means big boys are going to start saying how (not so)fucked they are and we shall see some nice moves as a result
>Will it affect the stonks/S&P
yes
>so it could crash?
probable

>>18691649
>BILI
LK was a big enough warning for me to stay away from funny stocks

Stop losses are for schmucks! I am not going to buy high and sell low!

What's tomorrow going to look like boys? I'm ready to lose 2000

Let me introduce you the next ultimate short: Brent Crude June.

Remember that WTI dip to sub zero? This was caused by may futures expiring and future traders not being able to accept physical delivery.

Take a look at the pic. Brent works by different intervals. June contracts are expiring in 4 days.

There is a significant difference between brent and wti: wti is land locked. However, tanker capacity has been maxed out due to the previous wti collapse. The dip is unavoidable.

>>18692592
next week will be so exciting, feels like christmas desu

>>18692927
SHOP has a quite interesting chart

>>18694592
I'm gonna be busy shorting USO by that time but thx

>>18692867
Stop going all in on a stock your cap out should never be higher than 10% on any one trade and even that is only for sure things you have alot of confidence in. Making money on the market is a marathon not a sprint, anyone telling you it's a get rich quick thing is retarded and lucked out. Take your 1k and put 900 of it in blue chips on Monday first thing, gamble with your remaining 100 otherwise ypu you won't ever get back your initial investment.
>LK
All Chinese based companies are Enron since there are no consequences as long as you have enough social credits with Pooh (likewise profit mean jack shit to a communist so if the CEO pisses the CPR off they are fucked) don't touch anything Chinese or China based nothing good can come of it

>>18693900
Only true if you're a degenerate gambler. Otherwise options are waaaay safer than buying stock outright AND have higher upside at the same time (if you have access to margin, by an order of magnitude easily).

>>18694627
explain how options are safer than stocks. options can literally go to 0 while the only way a stock would go to 0 is if the entire company goes to shit

>>18692740
5 months is pretty close to half a year. Ill let it slide. The point is still valid.

>>18694395
Okay, I don't think those are bad points, they just fit better with a long-term outlook. They're sitting in half a billion in cash, and sports will be coming back in the late spring/summer.
Good luck regardless.

>>18694592
Let me remind you that Brent trade us vastly larger than WTI, roughly two-thirds of all crude contracts around the world reference Brent Crude.

I wish you would step back from that ledge my friend

>>18692597
The reason this will happen is because amazing earning and growth are literally already priced in. Everyone has extremely high expectations. They are priced as if they are going to have 40% earnings growth for the next 10 years.

>>18694617
>shorting USO
literally dumbest trade in the game, limited (almost non) upside, unlimited downside.

>>18694580
#metoo
>>18694739
ok, robinhoodie, care to explain why?

>>18694395
>Draftkings is a hype based company
this is not that of a bad assumption, there are these stocks with the special shine a la ROKU. BYND, SHOP, AMD, etc

>>18694644
Only if you gamble like a retard.
Suppose you sell a covered call. The downside is already better than with stocks, as you can go to 0 with stocks but you'll at least have collected the premium with the covered call. BUT there's more! If the trade goes the wrong way with the covered call, you can turn it into a spread or either buy or write a put. The spread will strictly limit your downside while still keeping the premium on the upside (and in fact can even generate extra net credit IN SPITE OF the price action), whereas by comparison, the stock is still vulnerable at the very least to gap downs. Writing a put will allow you to lower your cost basis, i.e. assuming you love this stock and don't want to part with it at this time and wouldn't mind getting more discounted stocks. Meanwhile, you receive ANOTHER premium for this, increasing your net profit. Finally, buying a put also allows you to limit your downside and can allow you to reverse your position if the stock goes to 0. Because you originally sold a covered call, the cost of the put is offset or eliminated.

>>18693681
You don't just worry about the price, there is also IV.

>>18694592
>>18694693
Brent trading volume was up to double compared to a year back implying more speculative future traders hoping to gain from "low" oil prices. This means more traders with no intention to accept delivery.

>>18694617
USO is fucked too, but it has moved to longer expiry date futures. If it goes down, it will be driven down by Brent.

tfw East Germany was the successor state

>>18694757
before the 1:8, the price is like 2-3 bucks, which means that you have to put in a large size to make some gainz. It's heaviliy shorted already so prone to a massive short squeeze. One tweet about iran, nk or other shit can gap it up to oblivion. Its not worth it.

Corona has literally cancelled all of my potential income for the foreseeable future (I was working in the music industry). I applied for unemployment as soon as I could but now it's been 6 weeks with no response. I really don't see the music industry picking back up again any time soon, and I'm starting to get the feeling that my unemployment case has completely fallen through the cracks. I have about $5000 in cash saved up but otherwise I don't know what the fuck to do. If I have to keep paying rent and other expenses, and have zero opportunity to bring money in, what now? I don't even have enough to build out a tiny house or something and fuck off.

Anyone else in this position? Anyone got any money ideas for a post-corona world?

>>18694797
Ich bin ein Nichts-Berliner

>>18694824
>(I was working in the music industry)
Good riddance

Hey /biz/. Some might remember me.
I am the guy who works as hired help on a farm on the weekends while working 8-5 work days.
We just harvested a lot of asparagus. Praised be the nutrient rich asparagus.
So, what's on the plan for monday? Red or green.

>>18694814
I will be shorting after split
Short Volume Ratio 16%
also you must be very high IQ to say price in $ matters in short upside. move from 3 to 2 dollars is 30% gain

>>18694779
According to the calculators I tried, at least on monthlies, theta widely outpaces delta (so while the premiums received will diminish, the cost of closing the call diminishes even faster which thus generates bonus cash every time you roll the position). Vega should increase both your close price and your new premium so surely you end up positive anyway, am I wrong in practice?

>>18692708
Time in the market beats timing the market.

*sips*

WHEN DO I GET MY FREE BREAD

>>18692392
Holy shit had to check that shit up. I guess its real.
https://www.reddit.com/r/Coronavirus/comments/g80ef5/chicago_nurse_told_friend_she_was_scared_to_death/

>>18694847
ok, after the split i get it. 30% for such a risk is shit.

>>18694824
Grocery store and amazon buddy. Good luck.

>>18694884
>30% for such a risk is shit.
ur not that experienced with short selling are you?

Are you guys retards?

>>18694843
mmmmmm
asparagus

>>18694824
cant people just make music from their houses with laptops now?

>>18694592
>>18694693
>>18694783

Brent survived the previous crash better of course, but it has not recovered as much as WTI: this is of course because the real crash of Brent is only ahead.

>>18694901
Yes. Yes we are.

>>18694824
its a good opportunity for the government to just fuckin try out the UBI but i guess they have to handle a lot of shit simultaneously now. if i were you i would try to get some bucks working for a grocery store for the short term.

>>18694893
No, I'm not. But that doesn't change the fact that selling a product that has lots geopolitical risks and other fuckery close to the bottom for a 30% gain doesn't sound as a good idea.

>>18692708
10% doesn't happen overnight in practice either, except on low-quality stocks and pharma/biotech. The most I've ever seen was 5% and that was because of the corona clownmarket, otherwise it's 1-2% max and that's a wide gap.
Note that unlike during a daytrade, the margins (both risk and profit potential) are higher the longer you're willing to hold. Someone who trades days to weeks will accept maybe 5% down for 10% up, so the gap will still fall close or above the stop.
Also, because of the improved profit margin on longer time horizons, you don't need to be as successful on average, because you often get phat winners and rarely get big losers. As a result, the risk profile under normal market conditions are pretty equal, assuming you're poor. If you're rich, the risk profile of day trading is much larger because of slippage, L2's, etc. though. You don't care about being 10c off on a weekly, but 10c off on the day kills the trade altogether.
Under corona conditions, day trading is definitely safer than longer trades.

That means we also have autism.
You mad?

>>18694824
Get a job in a warehouse and stop complaining

anons should i just buy dal? it's something like 280% return from here to ath. I'm done with having to constantly stress about my short margin/inverse etf decay etc like a retard and think i might just buy and hold at this point. it's the largest airline in burgerland so it's basically too big to fail right?

>>18693437
Advertising is kind of a luxuray expense tied to growth. Companies are not growing, they are contracting. Marketing department budgets are being cut right now.

>>18694901
I prefer the term "neurologically diverse".

>>18695189
please stop posting your autism simulator, it just into 9, back into 13, and then out

>>18695214
>>18695214
>>18695214
new

>>18694217
how could you actually trust them with 6 figures when they've maxed out their credit lines and their app continually crashes and glitches

>>18692327
not to mention you can be diversified and still have dividend-paying stocks. only people with a narrow focus (or too little skin in the game) bemoan dividends.

once the zoomers grow up they'll be able to afford all types of stocks and play multiple angles at once.

>>18694217
>literally takes a pic of someone's portfolio for reddit wallstreetbets

>>18693253
Depends on how ambiguous and unscrupulous you are

>>18692327
Who even knocks dividends? They're fantastic, the only question is if the underlying stock is performing sufficiently well in combination with dividend vs just buy and hold of an alternative. Mostly dividends are slightly better but that depends obviously.

>>18692794
>At this point I'm convinced the virus might help us get out of recession faster
This is a blessing in disguise because the year of the rat signifies Chinese withdrawal from investments due to their superstition, go check when the last Rat year was.