/biz/ - Business & Finance

Niggers tongue my anus

>>19597731
BASED

who here bet on america and won?

hang in there DGLY

>tfw too scared to buy into this bull run
>tfw i will stay poor

HTZ HTZ HTZ BUY BUY BUY

ET CHADS WW@?

This isn't a cute anime girl OP

first day...what should I do tomorrow?

Well I made 1800$ on my NKLA call today but should have held it much longer. Bananas. Shits gonna be 100$ a share by tomorrow

>>19597742
it's the only way to be

Big boy gains are yet to come. Don't forget that we're still not at the ATH and there's room to grow. average down people.

>>19597745
lol just do it dude, stop being a pussy

KEEP POSTING END OF DAY GAINS BOYS

best uk broker bros?

>>19597746
I would if I fucking could. Fucking 212 trading. I would have bought when they were nothing.

>>19597750
if you're green on those sell, if you're red, sell. if you're lucky DAL might be ok to hold.

>>19597750
This was one of the most bonkers days I’ve ever seen in the market so don’t expect this daily

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

>>19597721
Tfw you did jack shit all day and made almost $600 riding the oil recovery. Poors btfo

Nothing can stop this market. Fuck the fake flu, fuck niggers, fuck leftists, and fuck jannies.

>>19597749
stock market took me through bones wild ride today im not in mood for anymore bitches i just trying to hussle my way outa debt but hoes after they attention i cant keep them listening

reposting my 14% theta day.
still can't believe people bought that shit

>>19597786

Tomorrow is going to be better

>>19597742
right here

>>19597774

i literally doubled my net worth today

question - which businesses involved in 5g and helium supply will be successful over 5 years, thats what i wanna hold

>>19597798
This rally is from dead boomers freeing up boomcapital
REMOVE BOOMER

What the fuck is their problem?

14 hours ago, I had not only broken even, but was up +20% ytd. I went out, satisfied
I come back home just a few minutes ago, oil is down nearly -10% somehow and I'm fucked forever down -30%
Fuck everything and especially oil. FUCK

sooooooo USO holders are absolutely cucked right?

UBX

OOOOOOIIIIIIIILLLLLLLL

>a l l my options are now in the money
>1 month ago they weren’t
>most are dated to January 2020
>25% is on 2021 calls heavy to Russia
>rest is short term pop on index play

I’m feeling goddamn comfy lads

>>19597819
APD for helium

>>19597836
oh my god, did USO make a second contango?

shill me some real estate. looking at IVR and MITT

Bobo here. I'm done, I'm not fighting the FED anymore. I'm all in now, I don't care.

Bobo's victory is near. Your trading accounts shall be wiped squeaky clean.

>>19597827
JUST YOU WAIT NEXT YEAR MY 2200 investment will unironically x150

>>19597864
I was once a bobo but then I took the brrrrpill. Stocks only go up

memes aside how much longer can this go on? its absolutely insane, surely there must be a crash around the corner, no?

>>19597861
LADR is a can't miss

>>19597864
nothing will open your eyes like selling a put to another bear and watching it's value evaporate before your eyes.
highly recommend it

>>19597787
Do the DEW

>>19597886
You are witnessing pure, unfettered inflation. Nearly the entire market is now shitcoins.

>>19597886
Forever

You niggers almost made me sell ivr, whew. Where are my ivr anons at?

>>19597773
Where and When

>>19597886
no

>>19597886
It'll go back to pre virus levels and then just hang out around there.

>>19597879

yep, there's literally no point trying to learn about economics and finance (not that i know a lot, but i enjoy learning) if jpow and just brrrr and make everything go up

>>19597819
Unfortunately the only pure play helium company is private still. I plan on buying if it ever goes public though

How did I do today? Don't mind the DGLY loss. I got paper hands and sold when it dipped to $4 early in the day. Oops

>>19597864
>>19597866
WE TOLD YOU IDIOTS.
LITERALLY FREE FUCKING MONEY.
You are as dumb and out of touch with common man as hedge fund managers.

>>19597814
I could have done that instead I was busy dealing with petty shit at work. I literally want to kill myself right now. Instead I am in a business meeting staring at a wall and paying zero attention to what they are saying.

>>19597924
if it just gets back to pre corona-chain levels and stagnates there wouldnt that make people pull out and thus instigating a crash?

>>19597809
>cucks doing the cucking
truly the darkest timeline.

Wish I had been more adventurous with putting my money in these fucking moonshots

does the printer meme seem retarded to anyone else? The money they used to help businesses and individuals has been distributed and no new money has been "printed" since then (months ago)

Is it a meme to pretend that the FED prints money all day every day or do people actually believe thats whats happening

>tfw cash on the sidelines

https://www.strawpoll.me/20295270

threadly reminder that majority of posters in here are cunny lickers

>>19597928
When fucking bankruptcy makes a company go up 50% in a day and 200% in a week there’s no reason to pretend there’s a such thing as “bear cases” to be made. All there ever is is dips. Dips that get swamped with scalpers and algos. There was once a time when companies went bust, but it won’t happen ever again. They’ll get bailed out or pumped and absorbed. No way to lose money in this market ever again. Honestly just yolo 100% into whatever bullshit company or brand you like the most

>>19597958

It’s one of the stupidest things to be shat out of this board

>>19597958
did you miss the parts where they literally created money to give out? as in literal cash.

>>19597958
>>19597974
nice outing yourself CIA glow nigger

>>19597958
Lowering rates = printing money, quite literally.

>>19597928
no, it will become more important than ever. the new paradigm, if there is one, will be completely dictated by flows in and out of indexes and something like a credit curve. It will be an even heavier blend of micro and macro. I might be on mount stupid here, but I can't imagine that it will get any easier to make good picks when you're going to buy based on credit availability and solvency limits.

>>19597974
but it's so much fun to lick it
especially when she sits on my face

>>19598005
Just buy the fucking dip. That’s it. That’s all there is.

>>19597476
Nice! Except for the rainy walk part.

Up 1.87% on smol account, 0.69% on bigger accounts. It's better than being down on the day, but the market is kicking my ass so hard, and I still haven't recovered from the crash adequately.

Feels bad man.

I MIGHT throw more cash into TNA if the DIX/GEX look good.


>>19597775
>MAS
I'm looking at them too! but I bought SGEN, REGN, BMY, and FAS today. Also KO and MU calls.
(also a little of memestock TGTX)

>>19597742
I bet on america, but the market is still kicking my ass.

>>19597958
Neck yourself.

>>19597958
>does the printer meme seem retarded to anyone else?
QE is a euphemism for money printing. Taking on bad debt that has a high risk of default is inevitably going to mean erasing red entries on the Fed's ledger. Erasing negative money is the same as printing money.

>>19598005

You’re wayyyyy overthinking things.

>>19597911
IVR II standing by.

>>19597958

literally QE infinity at work and you think it's a retarded meme. Powell said he'll do anything to keep this shit going and the markets are responding accordingly.

>>19597974
Give her the stinkfinger and avoid throat cancer from these HPV roasties.

I knew I would get some (you)s for that post but my expectations have been shattered, thank you /smg/!

The most powerful cope I see in this thread is those that become emotional about their positions instead of using the market to make money.

For example that guy in the last thread who was upset about his family texting him about stocks, and LARPed about how he was going to short the market. Pure emotional response. Other people's actions are influencing his decision making process rather than what is currently happening with the market.

Lots of people's brains have been fucked up by that "shoe shiner bought stocks, market crashed next day" story. It's like a brain-worm. At this point I bet it has fucked people out of more money than not.

Don't be an emotional trader.

>>19597952
No, were people doing that before? It just goes back to normal ebbs and flows and having to actually be intelligent

Lmao what if hertz and then airlines then cruise lines keep going up like 10% a day and cycling between the different ones and eventually it’s just fucking 99% of the market fueled by bot MMs

>>19598075
>jokes on you I am only pretending

SNIB SNAB

>>19597952
Not at all. No reason to pull out. It'll stay at those healthy levels. Slightly going up and down. Your money is safe there for some time. Boomers are into long term "investing" The next crash isn't until a few years anyway. You can practically time them at this point.

https://en.wikipedia.org/wiki/List_of_stock_market_crashes_and_bear_markets

>>19598082
If you don't baghold with actually buying or selling the underlying then you get to ride the ups and downs with nearly your full portfolio anyway.

>>19598082
I'm trying to contain my bull emotions.
It's really hard. I have trailing on almost all my stocks except a few babies. (Which is stupid)

so what's the deal guys? Is it peaking or going way higher? Why should anyone bother buying in?

Anyone that's interested in another play similar to SSL or IVR should be looking at AMPY. Unless I'm missing something they're going to go 3x

https://marketingsentinel.com/2020/06/08/amplify-energy-corp-nyseampy-projected-to-grow-by-335-27-or-more/

>>19598086
>>19598115
really hope so, bros, im just so amazed how much money i made, literally bought my first stocks just three weeks ago

Here's my stack bros, and I also have Calls for MRO and SSL, am I doing good so far?
When my stocks hit their peak I'll sell them off and invest in:
>HERTZ
>IVR
>DFEN
Are these good choices?

>>19598134
because there won't be another -35% drop there is literally no reason for it

holy shit is anyone else getting raped in after hours

If I reach 500k I'll likely never need a job again. I'd attempt to set up safer cash flows.

>>19598134
ALL 3 INDICES HIT ALL TIME TIME HIGHS

THE MOMENT MEAT BECOMES 10 DOLLARS PER MEAL

WE DROP

ps5 conference is gonna pump sony stock like crazy, ps5 will dominate marketshare and sony will have another run of massive growth

nintendo will dip hard until they come out with next cycle but their IP is so valuable that i think buying the dip and holding it is the play - time to turn my tendies check into trillions boys

>>19598151
Dont hold onto hertz man its suicide.

all these bobos becoming bulls... is this bearish?

>>19598151
whoops forgot image

>>19597742
I bet on America and lost. I thought we would be smart enough to not be the country hardest hit by covid, to not have the fed mention infinite QE, to maybe even take the opportunity to remedy some severe problems with the stock market.
You didn't bet on America, you traded America's future for some short term profits. At the end of this we will have millions of dead and a stock market that thinks it's a shitcoin.

>>19598014
Forgot to mention that memelines are doing well too. Summer is just around the corner, those teenage kids at the protests will soon be swimming at the beaches since they couldn't tan out on the streets anyway.

I ONLY LICK VIRGIN PUSSY, ANYTHING ELSE IS BASICALLY COCK GUZZLING

BROUGHT TO YOU BY DIREXION

>>19597928
It took a long time and humanity took many wrong turns during the millennia, but in 2020 St. Powell finally solved economics.

>>19598156
IVR is raping my ass

what the fuck is with NKLA? why is this meme company pumping so much?

>>19598156
nope, my shit's relatively flat on DGLY, MITT, and KO

>>19598166
maybe. are you willing to gamble on it though?

I have a question. Since you guys are clearly not retards you must have SOME money in boomer index funds. My question is, do you set stop losses for them, or just let them ride?

>>19598164
I haven't bought any yet, but a friend recommended it to me, is it not a good choice? Any advice would be appreciated

>>19597958
You're confusing the stimulus loans, which were paid for by issuing treasuries to people in exchange for money, with QE, where the Fed buys up debt using money they pulled out of their ass.

>>19598134
because the market and demand for all lockdown destroyed industries is going to rapidly increase, bailouts + rapid return of consumers to the market = new wave of oil rich,i think you have all week to build positions and reap the rewards in July

>>19598013
>dip
if we're redefining how to price an equity based on credit availability and we're forward looking to the end of time, then it's likely most corps are very undervalued.

>>19598037
I'm not buying or selling based on this. I'm sticking to basic risk management, rudimentary FA, and supply/demand shocks/pressures (cyclicals + corona). Anyone claiming we're in a new paradigm or believing stocks only go up should be working toward teasing out these questions and ideas. It's not important right now, but moving forward it will be. Odds are it's not a new paradigm and it's just crap. though. when I read the post enough times over months, I start collecting little bits and pieces of ideas. the idea of a firm having a valuation based on a credit curve in the infinite QE world is the only thing I've come up with. I don't see any other propositions.

>>19597774
Thought after hours gains would be better. Need a dump soon so I can buy calls. Need to 4x my portfolio for my Audi R8

>>19598188
thats what happened to me too. Looks like it was a glitch

>>19598163

Ay yo dis nigga still playin video gamez lol

>>19598161
You keep posting this but you still never said what you bought.

>>19598146
I've only been in for like 2 months as well. It's the perfect time. Someone in a thread today was talking about the meaning of cash is king, and it is but not because you let it dwindle away slowly getting murdered by inflation. Saving and being prepared allows for you to hop in during times when other people havent, not worrying about keeping all that cash because you have an emergency fund and allowing you to take on some risk and reward at lower prices and higher yield. Its fucking based is what it is and the rules are all just kinda out the window short term as we return to equilibrium. Then you need to diversify again and dont just be like planez n oil n

>>19598211
rent cars dummy

>>19598196
i'm all options while there's this volatility and having missed the dip.
selling puts buying calls

>>19598220
I don't reveal/shill my positions in the stock market.

>>19598115
I'm no bear, but this "post-rationalization" type reasoning to make sense of a non-sense market will just get people in trouble. Literally the same kind of thinking before the cash (infinite bull run! unstoppable!) then during the crash (There is no floor!) and now the "recovery" (It can never go down again!). Its only been a few months, how quickly people forget how fast things can change. People really learn nothing, do they?

>>19598177

I hope you’re larping because you sound like the biggest pussy Melvin fag in the world. It makes just a flu, not even a flu more like a cold. I bet your soft boy bitch ass wears a mask. Scared of your own shadow. Re think everything because you’re the most gullible chump ever right now. And take that mask off.

>>19598223

>>19598200
It was a good choice 400% ago. It's literally tap dancing in a glass tower with shoes made of dynamite now man be really fucking careful

>NIKOLA 82 AFTER CLOSE

>>19597779
bro?

>>19598161
No you wont'.You'll keep riding the hedonic treadmill and keep going until eventually you implode your account and end up with nothing.

>>19598249
based

I just want to say I love you my /biz/ niggas. It is an honor to be here at this moment in history with you.

>>19598240
Wow why the fuck are you even here

>>19598177

Imagine falling for the bat flu meme, COPE

>>19598200
Yeah dont buy that, it was in the dirt because they filed for bankruptcy then a bunch of new traders bought it because the price is low. It will likely drop very rapidly when those people dump it.

started in March
my life has changed gentlemen, God has blessed this generationally poorfag, cheers and Godspeed anons

>>19597814
NKLA gained me more than my job did this week.

>>19598161
get it boy!!!

>>19598291
You should probably go change your account name anon.

>>19598240
Fuck off then?

>>19598243
Do you really believe that it won't recover? As soon as everything goes back up you sell everything. When it crashes later, whenever that may be, you swoop in and buy again. Then you sell it when it goes up. You don't need to complicate your life anon.

I hit 150k today, I haven't done any options trading either.

>>19598312
Damn son nice

>>19598319
lol it's gone but probably too late

>>19598257
>>19598290
Thank you frens, I'll look elsewhere for purchasing opportunities.

>>19598273
>>19598325
he doesnt know what the person who created that image bought to get there, he's larping with r/ wallstreetbets images

>>19598293
well thats not very hard since its over 100% up?

>>19598293
how much are you investing?

>>19598243
>People really learn nothing, do they?

no shit?

Thank you DNR

>>19598337
make sure 2-factor security is enabled in your profile and try to change the acct name.

>>19598337

Hello this is christian piper please do the needful and change my email address and password my friend, I need to buy more etheriums for my village

>>19598367
I hope you sold

>>19598332
Very nice. What price target do you have for where you're in a position that you can use your money wisely to make enough to not need to work?

Is it too late to buy NKLA Calls?

>>19598386
nope, ill sell when it hits .9

>>19598223
>slowly getting murdered by inflation
this happens over years, not weeks. the prices around mid march till mid april were definitely acceptable risk to average into. The were high risk but acceptable for the potential upside. Now that we're in range of ATHs with no strong positive changes to outlooks from that march/april period except the liquidity reassurances, it's reckless to be buying big into this inflated environment due to the downside potential and very limited upside. How much time is left on the indexes? 20%? People might be able to zoom around like they're playing shitcoins, but I would hedge the hell out of anything that you're buying.

>>19597864
>he bought?

>>19598223

Cash is king only when you’re going to buy something. Say you wander into a car dealership with a 40,000 dollar stack. If you’re sitting on cash and not doing anything you are losing yiur ass.

>>19597866
>>19597864

I won’t capitulate, instead, I offer up all my gains (all of which are in SPY puts) right to worthless expiration as a blood sacrifice, that the worshipers of the Golden Bull may be punished for their idolatry by Alllah the Just, may his retribution visit you all, meme traders.

>>19597866
Checked

>>19597797
Sounds like you're poor if you only made $600 today. I know that because I'm a wagie and made $590 today.

brosss please recommend me a uk broker for long term holding

>>19598337
Did you post a screenshot of your account number?

>>19598437
The market is ruled by our Lord and Savior Jesus Christ, your false gods do not matter here.

>>19597892
FUCK YOU JEW

>>19597798
Based

He was right, apologise /smg/

>>19598399
turns out it wasn't lmao what a based stock

>>19597798
>>19598474
based

WHAT'S THE NEXT MEME STOCK MOONING

>red AH

>>19598181
that's nice, I'm still very much the MemeLine amateur.

According to MarketEdge TA memes, KO's close today indicates it's a good time to buy for "early entry". I think?

>NKLA at 92

I'm only up 5% today but looking at this number grow every paycheck keeps me warm. They're all still paying dividends

>>19598082
You greedy bulls will get slaughtered. SLOPPY CHART JOB BULL

>>19598489

LCi

>>19598468
what? LADR is a great stock and its cheap

Thoughts on $VVNT? Thinking about going all in tomorrow morning.

>>19598435
actually nah. car dealers give you better prices when you finance.

>>19598467
Many goats may you loose, may your wives quarrel endlessly, may your sons be troublesome, may your date trees wither.

thoughts on AMPY?
https://marketingsentinel.com/2020/06/08/amplify-energy-corp-nyseampy-projected-to-grow-by-335-27-or-more/

>>19598489
I sold VISL today so that

Do online brokers actually track which divvies are tax free for you? Hate doing extra work on my tax forms.

>>19598525

Yeah so they can rape your ass with interest for 7 years

>>19598522
meme stock for memers

>SPY went up 1.19% (-.08% AH)
>TVIX went up 4.10% (+0.83% AH)

Hey

>>19598458
Compared to most people my age, I'm pretty damn wealthy

>>19598435
Wasnt that my point? Having cash during this historical dip put you in a supreme position to profit.
>>19598403
Yes of course I understand inflation it wasnt to imply that in weeks, but I saved for years very conservatively and just blew like 25% of what I had taking shots on this market and I ain't hedging shiiiiiit.

>>19598541
uhh dude have you looked at the financing deals out there? kia offering 0%/72month loans for people with good credit. most other dealers at or near 0%.

finance the fucking car retard.

>>19598556
how old are you

>>19598548

It’ll all be up another 1-2% again tomorrow and probably Wednesday too. Big sell off thursday-friday however.

>>19598540
yes, whether it's tax free distributions in the case of $MUB in your example (they're not really dividends), or qualified and unqualified divs

>>19598391
No idea desu, I haven't even found a career path that is meaningful to me but I could prolly do it with 500k

>>19597721
>>Risk Management
This is literally out the window this week. Most of you don't even know what it means. Fucking Tulip Mania Redux. Enjoy your imminent correction.

>>19597864
You're not fighting any group or organization here but the American people. Shorting isn't just unpatriotic, shorting America makes you an ally of communists.

>>19598498
HOLY FUCKING WHAT

>>19598562

Mother fucker I’ll finance your mom dont @ me

>>19598533
Been asking about this today, finding it really strange that no one is talking about it but they jumped all over IVR and SSL

>>19598540
Yes. They have to when they generate your tax forms.

It's not difficult. The forms are mostly automated

Made ~1300 today. What are you guys looking at for tmrw?

guess I better set stops for IVR and MITT

>bears

Day of the clamp when

>>19598548
I am going to buy TVIX with my profits off AAL today. I bought AAL last Tuesday and am feeling pretty lucky right now. I should have bought my TVIX before close today though. I have a bad fucking feeling about what's coming soon. This exhuberance is ridiculous given the P/E, Repo, Unemployment situation. I don't think the Fed is omnipotent, either

>>19598574
You can say it as often as you want and it will still never be true

>>19597774
not massive by any standards but a decent gain

>>19598574
Yes but it’s getting so bad now it’s hard to tell if there will be any economy left at the end for our printed puts to be worth spending in.

>>19598259
When will it dump? I panic sold @48

>>19598561
>I ain't hedging shiiiiiit
see >>19598548
don't accept losing what you've spent years saving. you may show up in Rooiners 4 dummies

>>19598605
Join me in the light.

>>19598565
Early 20s. The average millennial doesn't even have $1000 to his name. I have $20k in net worth

>>19597753
nkla is a huge buy rn. look at the market cap and compare it to tesla. nkla can still gain 700% until it is equal to tesla

Holding the following:
KOS
VAL
CRC
NOG

Up or down tomorrow eh boyz?

SFIX puts gonna print tomorrow. Shit numbers from a shit company

>your age
>how much you earn annually from your job
>how much you have invested

>>19598579
GET ABSOLUTELY FUCKED YOU SUBVERSIVE JEW. It’s completely patriotic to short GLOBOHOMO. In fact, if you aren’t shorting that’s makes you a Jewish commie TRAITOR.

this is still a bear trap

what is this pattern called?

>>19598627
> The average millennial doesn't even have $1000 to his name
That's cope. Reality is different from newspapers' headlines.

>>19598627
*Leans into the mic*
WRONG

>>19598574
>Fucking Tulip Mania Redux. Enjoy your imminent correction.
Dumbass idiot. Just because it happened before doesn't mean it'll happen again.

>Most of you don't even know what it means.
You don't even know what you're talking about. Do you even know what Tulip Mania is?

>>19598627
Actually, it's 26k to be precise. Planning to buy a duplex in the near future and rent it out so I can save more

>>19598627
yeah when I was early 20s I never had 1000 dollars at any given time ever

>>19598249
I'm not a bit worried of catching covid. Individually, the risk of dying from infection is low. At scale, we're still looking at millions of dead Americans ahead.
People who are bad at understanding statistics and big numbers usually flock to the extreme interpretations: It's doomsday or a nothingburger hoax. The truth is that it's neither, it's in between the extremes. Before we had reliable data, doomers assumed IFR would be about 10% and hoaxers thought about 0.1% (like the flu). Turns out IFR is a little above 1%, so right in the middle (logarithmically) between the extremes. This number is hard to process, because it's not a doomsday scenario but it's also far from a nothingburger. It's about ten times more lethal than flu, spreads 3-5 times faster and kills proportionally more young people than the flu. If flu gives 66k dead covid should give about 66k * 30 = 1980000 dead at the low end. The risk of dying is still low for an individual, but at the same time deaths in the millions is guaranteed given unmitigated spread.
If you think we won't see millions of dead you are simply uninformed. The question is how much impact millions of dead will have on the economy and then its derivative the stock market. If you think that impact will be low, well that's a respectable position, but pretending that the math isn't clear on millions of dead to be expected, or even worse calling millions of dead a "nothingburger" (expect potentially with regards to its impact on the short term stock market) is simply ridiculously intellectually dishonest,

>>19598629

nkla has no actual product though and is still speculation

>>19598545
But it's the only company in its industry, which could potentially moon if there is a withdrawal of policing through the country.

>>19597774
https://youtu.be/8LdLIqkmMB0?t=23

>>19598625
Yep. TVIX made me some good money in March, but it was risky. Rode it from 180 to 220 (this was after it went to like 900 bucks.)

How much do you know about TVIX? Does it time decay? I would like to hold it until at least next week if we don't see the correction come.

>>19598654
>24
>Earn $50k/year
>Have $20k invested

The economy was holding the market back this whole time.

Today I sold most of my shit
When's it all going to crumble? When Powell cools down the printer this week?
I can't wait to buy in again

>>19598649
KOS will jump eventually.
Might need to hold it longer then a few days.
I haven't run the others through the screener. What do 200SMA look like?
https://finviz.com/

holy shit I am making so much money. I am glad I bought the dip.

>>19598688
s-sonic bro?

i pray every day we are in the >return to normal meme

Have you paid the NAACP their hush money? Better get on it if you have 0 blacks working for you.

>>19598595
Yeah they should be giving us negative interest rates on our car loans. Like seriously if you want me to take that car off your lot I want cash back, and a negative interest rate 7 year financing option. Wait a minute....

I bet they can actually make this work, they just charge more for the vehicle, and they can make that work. Fuck I should tell my friend over at the dealership. This is the greatest scheme since the retail gift card thing.

>>19598698

> he sold at the bottom

I am thinking about selling off stock to regain my principle investment and then investing with only the profit I have made so that when the rug pull comes I don't lose anything but house money

>>19598668
Still worth more than 80% of people in my age bracket.

I guess the headline is an arithmetic average, rather than a median

>>19598654
>29
>80k/year before taxes
>5.5k in stock market (now at 7.5k), 4.5k into crypto, (now at 14k)

>>19598627
the oldest millenials are in their 40's now... I'm not sure your numbers are anywhere near accurate.

>>19598655
^This is the biggest faggot on /biz/, and remember that there are literal transexuals and homosexuals on /biz/, so that's saying a lot.

>>19598658
The reopening recovery pattern.

Not as impressive as others here, but I've only been playing with like 3% of my portfolio, I'm too afraid of shit crashing all of a sudden.

>>19598669
>>19598657

Witness me Bull blood-Baggies, witness me.

I charge back into the fray with puts, to live forever in the halls of my fathers.

Is there a term for investing after major disasters, wars, terror attacks where irrational dips occur?

I realized during Corona hysteria that the dips were caused by panic and as a trial invested first time in stocks which I thought were safe-major banks mostly.
I have 40% return.
I would love to do it again-but I will wait for another terror attack, major disaster or political rioting when people start panic selling.
I was just wondering if there is a term for this kind of strategy.

I was gonna buy this shit 3 weeks ago, fuck me

>>19598668
Student loans were definitely not taken into account.

>>19598654
23
80k/year USD
10k company 401k, 34k invested

>>19598734

How much did you make today?

>>19598770

its called the "these bags aren't even heavy, give me more, pussy"

> Sold all my NKLA at 86
I feel stupid and smart at the same time.

>>19598774
wtf, this was my free robinhood stock and it was like 3 bucks

also

>acb is 15.67
wtf, I remember when that shit was like a dollar

>>19598668
tfw net worth is higher than 90 percent of people in my age group

>>19598698
Powell has lost control of the market. We are at ZIRP. Even a marginal upward change in rates would cause an economic crash with the level of market dependence on infinite QE. He would be the one to take the blame for the ensuing crash. On the other hand, infinite QE will lead to a hyperinflationary death spiral if not checked within the next few months, because stocks are already at pre-crash valuations and institutions will flood assets and commodities with money if they can't expect a return on stocks already "priced to perfection".

>>19598767
Spoken like a true communist.

>>19598799
ACB and CHK did reverse splits (though CHK really did go up that amount today).

>>19598780
I lost about 400. fucking pump at the end killed me.

>>19598289
> Imagine falling for the bat flu meme
Well you'll notice the hoax bros still claim that covid is LESS lethal than the flu while we're closing in on TWICE the number of deaths. Imagine falling for such levels of idiocy. It's like /biz/ members can't even do math on the level 112k > 66k.

>>19598821

I see...

>>19598777
they weren't? look at those negatives. i'd be surprised if those were mortgages, because they would put up the house value against the current debt.
>tfw in the 55% bracket and near the bottom of the age group
feels good.

>>19598770

>>19598692
>does it time decay
yes, however for the past few months, it's done a good job of avoiding contango and minimizing it.

Check out the contango tab here
http://vixcentral.com/

In past volatility spikes, the 2nd major spike is usually about 70-80% of the previous max spike (when a new leg down isn't realized but a previous bottom is hit again).

So basically if we revisit our previous low, we can expect about $700-$800 per share max. Personally I'm aiming for $750 or so. However, in the event of a genuine leg down from March's low, it'll surpass $1000 briefly.

>>19598736
Even for 2021 estimates most things are overvalued friend. A lot of the value stocks have gained so much momentum because of short squeezes. This week should be FOMOing. These are the last farts. Hopefully it all falls 10 percent.

>>19598830
Those negatives are thing like credit card and medical debt.

>>19598778
you can basically coast to 1.5M if you wanted by the time you're 45

>>19598819
>the market is here to price assets intelligently and not to hand out free federal money = communism

k

>>19598836
You mother fucker...I'm about to put 7% of my active portfolio in this bitch

>>19598654
24
8 - 10k
I don't invest, I gamble on options, I have 12k in robinhood, but my net worth (robinhood + bank savings + other passive income revenue) is 25k

Is it advantageous to hold some bear and bull positions in this volatile of a market? Im thinking about cashing out some stocks that have reached their pre corona prices and getting a large SQQQ bag or something like that

>>19598851
yeah, but that's little bitch boy money

>>19598849
yeah, now that you say it... the yellow strip should probably look more exponential.

>>19598823
OH NO, 100K PEOPLE DIED (90% of them being older than 70) FROM A MEME FLU THAT HAS KILLED LESS PEOPLE THAN ALCOHOL DOES PER YEAR

>Have 2 x shares of 3M
>Current value = $333

>>19598745
Average net worth is actually much higher than median because all of the rich people with a disproportionate amount of wealth.
>>19598777
They should have been because net worth is assets minus liabilities like student loans.
>>19598807
I'm in the 85th percentile but I'm still fucking mad that 15% of people have a higher net worth than I do despite the high chance that they are retarded. It's hard to compete with all the people who were given a bunch of money by their rich family.

>>19597800
Wow 14%...youre gonna feek retarded when it goes up 300% within the next few weeks, autist

>>19598836
I too believe we are in for more volatility, but this wave isn't going to be quite like the rogue wave we saw from the initial panic. This is going to be a slow drawn out decline, kinda like our country since Bush 2 left office.

>>19598886
> OH NO, 100K PEOPLE DIED (90% of them being older than 70) FROM A MEME FLU THAT HAS KILLED LESS PEOPLE THAN ALCOHOL DOES PER YEAR

As usual hoax bros lie and don't understand numbers.
88,000 die from alcohol per year. That's (listen fucking careful now) MORE than the flu and LESS than covid!
25% of covid deaths are under 65 years old, which is a higher rate than the flu, so your 90% over 70 is just another lie.
What's the matter, your point looks less solid when you don't lie?

>started with 1k in March
>Was doing great, up to $1400
>Hear about GNUS
>Fuck, I use an app that's always 15 min behind the market
>Real risky
>But my gains have made me cocky
>Go all in at $6
>App crashes
>Oh fuck oh fuck
>Check Google
>It's up to $11
>I'm so happy
>App works again
>Put in sell order
>Doesn't go through
>An hour passes
>Doesn't go through
>Check price
>Down to $5
>Fuck fuck fuck fuck
>Panic sell
>Account now has $600
>Heart shattered
>Decide it's not over
>Do research
>Put money towards Air Canada
>Back up to $700
>Slowly making it back up
I've learned my lesson. Don't FOMO, and don't get greedy

>>19598622
But I'm up over 40%!

>>19598821
Kek, how much have you lost overall in the last few months?

>>19598928
Great! be careful wall street bets!

>>19598922
until you have a $10k account, it makes no sense NOT to be greedy.

IVR earnings next week. is it gonna moon?

>>19598949
this is good advice

>>19598919
>got the coronacuck to admit the vast majority of deaths are people over 65 and if you aren't a boomer then you shouldn't give a fuck about a disease barely more deadly than a flu
baited

>>19598922
Use a Screener my Boi,
Moving averages and candle sticks are better then some stupid Korean poster.

>>19598964
no their earnings are going to be awful. Still a great buy

>>19598964
probably sell the news. maybe good to play a bounce if you have that kind of brain damage?

>wojacks and /pol/ immediately appear when market closes
See you all tomorrow.

>>19598868
you're likely to be better off building cash positions to buy an opportune times vs trying to play both sides

Is this recovery literally robinhood users going around stocks that have declined the most since corona and memeing them to highs creating a snowball effect pushing them higher?

What happened MSFT after hours?

>>19598668
>my net worth is higher than 80% of my age group

Wtf I'm rich? Why am I not getting laid then!?!?

Is Reddit right by saying you can't time the market?

>>19598748
Jesus christ are you me? Except I dont have any crypto the rest of that is spot on

>>19598989
kill yourself tranny no one wants your here anyway

FUCK
>FUCK
FUCK
>FUCK
FUCK
>FUCK

I FORGOT to buy the frothy fucking ZoomInfo IPO into a market that loves to speculate!!

I forgot to buy back my WFC and DENN calls on the dip!!

I forgot to stop being defensive and start being aggressive!!!

>>19598833
Fuck bro I keep dumping powder in...

>>19598922
>I've learned my lesson. Don't FOMO, and don't get greedy
A lesson we all learn the hard way, hopefully sooner than later. The earlier on in your investing career, the less expensive this mistake becomes.

>>19598965
not really. learning bad habits early on is not a good idea.

>>19598989
>tfw the number of anime posters is directly proportional to the quality of a thread
hmmm... makes ya think.

>>19599006
/r/investing is a bunch of cucks

>>19598942
about 22 hundred since january, thats including that one trade that fucked me out of 11k, but not counting any changes in long term accounts.

????

>>19599006
>>19599027
>>19599029
QUIT POSTING WOMEN HOLY FUCK

>>19597774
We out here boi

>>19598970
> I only lied to pretend to be retarded
You got me to admit that you were wrong? Such winning, much victory.
You are the perfect example of someone who just can't grasp what's going on. As I already explained, the individual risk for even a 80+ sick person is low, most such individuals will survive. However, at scale there will be millions of deaths. If you dispute that you have only revealed yourself as bad at math. The interesting question is how you think a few million deaths will impact the stock market. What's your guess there?

>>19599005
Money isn't that useful for getting laid outside of using it to buy whores, look at all the engineers and programmers that are still virgins.

Also the women who would be interested in you solely because of your net worth would want you to spend it and it would very quickly decrease unless you had a very high income.

>>19598998
cope more

>>19599044
Sweet Jesus, I passed on them because fundamentals looks pretty trash.

>>19599049
Do you want me to post men?

>>19599037

You don’t feel at all foolish for losing money when you could’ve/shouldve been making a tons of money?

>have $180 left for investing
>plan to put it into HTZ for shit and giggles
>wish me luck

>>19599079
>>19599079
>>19599079
>>19599079
new thread

>>19597745
Time in the market dood. You can buy at ATH and still be ahead down the road.

>>19597861
STOR

>>19598770
black swan investment theory

>>19599037

didnt you get 12k from amzn last month?

I'm 100% cash and want to cry

>>19599063
>heh I understand math kiddo
you obviously don't though? stupid fucking midwit

>>19599006
I was ready to dump 33% of my cash onto the stock market on March 23rd but my account application didn't go through by then. I wouldn't have bought the bottom for that day because I was ready to FOMO on open though. I timed the day perfectly though but the fucking broker never processed my application and I ended up with a different broker next week.

>>19598998

Lurk and cope more. Robinhood is a drop in the ocean in the grand scheme of things.

>>19599102

i dont know that feel

>>19598943
What do you mean by wall street bets?

>>19598574
>Fucking Tulip Mania Redux.
You mean NASDAQ? I have 0 tech and e-commerce stocks.

>>19599063
>a few million deaths
>when millions of people die per year
>when most people who die of corona are worthless leeches
lmao, got baited and now seething

>>19599128

>>19598567
Why?
This recovery is about what I would expect from a nation with completely intact infrastructure opening up after a self imposed closure.
If you mean a correction, yeah maybe, but it will go up after that.
I see nothing stopping us from going to 100% recovery eventually

>>19598668
Anyone have one based off of median rather than average as i suspect this uses average which is very inaccurate for this.

>>19599078
You should be posting American heros.

>>19598774
What the heck what happened with that!?

>>19598118
until the market crabs for weeks
then you stop buying so it moons
then you buy again so it crabs

>>19598998
yes, because that's pretty much what I'm doing

>>19598249
>>19598683
You don't wear a mask to protect yourself.
You wear a mask to prevent other people from catching it from you and carrying it to vulnerable people who you would be inadvertently murdering.
The real faggots are the people who refuse to wear a mask cause they think their balls are too big.

>>19599022
I'm me and you're you.

I'm sitting on 25k in a 1.5% savings account. This is my "oh shit" fund. Do I throw some of this into stonks? No college debt, no car debt..I just have rent/utilities/gas/utilities etc.

>>19597774
$2750 went into this account. It could be much better but I know nothing about investing and have not even checked the volume of a single buy or sell I've made, just look at the charts mostly

>>19598200
>but a friend recommended it to me
subtle bear in disguise

>>19599492
Your parents are richer than mine for sure.