/biz/ - Business & Finance

First for Powell raising interest rates.

what happens to my stocks that get delisted?

>>19636593
>MY SSL CALLS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

INUV is single handedly making my red day not so red

2nd for anime

I closed out all my positions. I withdrew $1,900 to pay off my credit card debt. With the remaining money I went all in on $CARR. I plan to sit out of the market for the next few weeks. I got real spooked after being up $1,000 on Monday to being down $1,000 grand today. Fuck this clown market bull shit.

>the fed is spending tens, sometimes more than a hundred, of billions dollars daily on repurchase agreements; 76 billion yesterday
>in 2013 the average daily trading value of the NYSE was 169 billion. Given that the SP500 has roughly doubled in value since then, you could argue the average daily trading value has doubled as well, to 338 billion
>the fed is responsible for up to a third of all money spent on stocks in the US
https://fred.stlouisfed.org/series/RPONTTLD
https://en.wikipedia.org/wiki/New_York_Stock_Exchange

>>19636620
increasing interest rates = bubble-pop
never gonna happen...at least not a meaningful increase

7th for Powell raising interest rates.

I can't believe the FOMC decided to raise interest rates.
Foul Powell has betrayed us.

All these mall restaurants are reporting 80% of business coming back, what's it like for chain restaurants outside of malls?

>>19636630
You can no longer call them unless you've memorized their number.

>>19636593
>tfw looked at my portfolio
The red is just temporary, right?

>>19636593
>raise interest rates
>stop quant easing
please explain for a smooth brain what this means

cunnilingus bros?

lol just eat my poopy

Biweekly reminder that you have to pay taxes on the interest your bank gives you on your savings account

we're back bobros

>>19636647
$CARR is a solid buy

If you didn't buy GME, you finna miss out lads

>>19636593
Feeling sad?
Find a giant anime girl to eat you.

Bobo or bvll she'll accept you

What happens to my puts when it gets delisted

If not for ATVI I'd be pink wojaking it hard today.

>>19636668
It means retards on here think they can trick algos

UH GUYS

>Jerome Powell announced today that to help stimulate the economy, everyone will receive a free copy of Cyberpunk 2077 and a slice of chocolate cake his mother baked last sunday.

>>19636701
They can, algos are retarded and don't know how to use reason to sus out who is saying retarded shit and who isn't

>>19636687
I have 218 shares @ $19.20. This is my entire portfolio right now.

>>19636695
Hopefully you don’t own a house or car. If you do you won’t soon.

>>19636669
Disgusting. Especially since the FED will raise interest rates

>>19636695
Would like to know this too, just out of curiosity

>GNUS
I CAN SEE CLEARLY NOW, THE RAIN IS GONE
I CAN SEE ALL OBSTACLES IN MY WAY
GONE ARE THE DARK CLOUDS THAT HAD ME BLIND

IT'S GONNA BE A BRIGHT (BRIGHT)
BRIGHT (BRIGHT) SUNSHINY DAY
IT'S GONNA BE A BRIGHT (BRIGHT)
BRIGHT (BRIGHT) SUNSHINY DAY

>>19636636
Its ALL downhill from here.

I'm down 6% over the last 2 days, which isnt that bad in actuality. I might sell at a loss right now to buy better cheap stocks to recover my losses... Yet something is holding me back from selling. Is this what being scared feels like?

>>19636668
They will stop printing money nigger. Which means this pump wont be backed by the Fed printer....theyre hoping theyve invented enough money to keep everyone okay. But they didnt realize that they'll need to print even more next go around because all these zombie companies who cant even pay their fucking interest are still going to be sucking on the dead cows tit.

But the fed hasnt said anything about QE or rising interest rates. If anything, the president wants negative interest rates.

I PUSH MY TENDIES INTO MY EYES AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>19636695
>Posters here actually bought HTZ
oh no no no

>>19636749
My only positions are TVIX XOM and RDS.b

Ready to get fucked hard out of my 37% XOM gains

SSL weak hands being shaken out. Don't give it away for cheap. JP Morgan wouldn't upgrade it for nothing. Just a correction, we were up 154% in the past month

Unlimited QE niggas get right back on the saddle!

just took a covid test, the needle prick didnt draw enough blood barely anything came out

Can't do it again because its a one use needle, what a fucking joke. im just gonna get a knife

In my I more than double my msft it crabs. Last week I seek, now it goes up. 100 bucks I could have made extra while everything else is taking. At least amzn is keeping me in the green these past 2 days

>>19636693
How do crabs taste ????

The Fed announces it will raise interest rates

>>19636596
>>19636645
Yeah, but also I mistyped, it's up $25 from when I bought it, down $1 today.
I think I'll just pull the trigger and buy as much SSL from the proceeds of that as I can.
Should have sold my MITT earlier today when it was still overall green for me, for the same reason.
I'm just going to risk putting more eggs in the SSL basket because I have an opportunity to average slightly down here, and I can't always just be pulling on /smg/'s coattails asking them to advise me. I just got this BRK.B because it was low and to remind me to buy more for divvies once the economy stabilizes anyways. Wish me luck!

>>19636695
You get max value. Those people that sold the puts are still obilgated to buy your shares at that price. Where they sell those shares is their problem.

>>19636776
short LUNGENE

>>19636767
They bought Latam too. Bunch of degenerates who didn't expect the Fed to raise interest rates today.

>>19636781
just as good

>>19636631
I actually bought some cheap calls today, thank you for being weak handed

who else just eatin poopy rn? who cares about stonkers poopie is infinite u can always eat poopie make ur own poopies and eat it

Oh yeah, let's see that green!!!!

>>19636802
haha poo poo pee pee ca ca wah wah

>>19636784
Bought SSL when PE zoomed and sold.
Thanks for giving me cheapies this morning.

>>19636720
Why would that matter? Algos calculate their actions in fucking 0.00001 seconds, they will be long again before you even get the chance to shit your pants because of the red candles you see on your chart

>>19636717
holy based

>Bought 300 $ERI at 35.XX today
>Back up to 40.20
What the fuck is going on
I haven't heard any new news about resorts being fucked in the ass

>>19636593
DIG
BURY ME
UNDERNEATH
EVERYTHING THAT I AM
REARRANGING

>>19636805
Fake pump, do not buy. It's going to dump even worse.

>3rd time a chinese stock hit 800% in a day

do i just shotgun chinese stocks hoping to have this fucking success?

I for one actually cant wait for the markets to get back to being unpredictable. We need to shoot all these beta retail investors who have day trading pipe dreams in the head and get them back to cashiering at walmart.

>>19636717
extremely big if true

>>19636823
when are you starting HRT?

>>19636813
fellow poopiller based BASED brownpill so based

>>19636832
Probably not a bad idea to throw in 0.05% of your portfolio into random Chinese stocks.

>>19636631
See if you'd just bought SSL you'd be fine and just buying more like me.
Stocks > calls, investing > gambling.
Even an absolute investlet like me can figure it out. Learn from this.

>>19636773
can i get a link to that

>>19636695
If it gets delisted it doesn't just vanish, it will delist to another exchange like OTC. Options will still function the same way.

What’s the best thing Jerome can say(realistically) that will pump markets?

Zero interest rates?
More stimulus?
We are in a recovery?

yeah uhhhh, ima need KO to hit 50 this week

>Oil prices fall as U.S. crude stockpiles climb by nearly 6 million barrels

Bought IVR at 6,28

Sold at 5.00

Call me the WOLF faggots

MAKE IT POP!!!!
THE NORMIES DESERVE TO LOSE IT ALL
EVERYONE KNOWS THE INSTITUTIONS HAVENT BOUGHT ONLY NORMIES WILL LOSE, THEY HAVE NO REASON NOT TO POP THIS BUBBLE
MAKE IT POP!!! MAKE IT POP!!! MAKE IT POP!!!

>>19636841
Indeed, another drop would easily push banks under their yearly low and that's when I'm buying

>>19636871
All 3 is best case

ngl NIO looking kinda nice

>>19636876
and tankers are still fucking dead

We missed the dump dip, don't buy in now!

>>19636876
Strategic reserves if I'm not mistaken? These will be rotting there till the time comes to annihilate China. Oil should recover after the travels resume.

made 25% shorting in premarket and cashmarket today
waiting for tomorrow
peace and be safe boys

Exited all my positions this am... glad I did because I bet wel.... when are you guys going to buy back??

Buy Draftkings. You’ve been warned.

Are you lads buying the Norwegian cruise dip?
-15% today alone

>>19636717
HOLY SHIT BUY BUY BUY AHHHHHHHH

>>19636773
To think I was ranting about them not just waiting a week to tell people. The market literally pumped, dumped, and handed us another week on its own. Wish I'd had the foresight to sell high, but at least I didn't buy the absolute moon. This is a crazy week but I'm coming out of it with a lot of reasonably priced SSL for current market despite or even because of the announcement.

>>19636905
>tfw bought yesterday at 25
damnit

>>19636877
You'll buy back at $2, then just sell at $4.

If anyone thinks the fed is going to do something to dump the market, theyre delusional. The fed wants the pump. infinite growth. There can be no purge of inefficient companies. BIG MEGA DICK GROWTH ONLY. SHIP IT. TAKE OUT LOANS. ALL IN ON CALLS WITH 3X MARGIN. YOU WIN EVERYTIME.

>>19636593
Why banks are down?

Anyone else loaded up on the VVI dip?

RECOVERY INCOMING RECOVERY BUY THE BOTTOM BUY THE BOTTOM BUY THE FUCKING BOTTOM NOW

>>19636850
dude. you have no idea how tempted to do that. check out DUO. 9 bucks one day and then BAM 100 bucks and down again and it happens to every other chinese stock. for what purpose is the pnd for?

you bought the dip right? you bought the dip???

Powell is going to do a slight 500 basis point increase to the interest rate since everything is reopening.

ETF Chads, what are we buying today?

>>19636932
me

>was up on monday
>hehe i'll just sell on tuesday
>red
>hehe just wait it out till tmr
>drops lower
fuck this shit fuck it all

cant find any good options deals, fuck this

>>19636911
It's going to go back up don't worry, but if you can buy more now DO IT

>>19636936
This but unironically.

>>19636950
greed

50 shares of UAL @ $40.07

>>19636820
I gave you nothing because I have not sold a single share since I started buying. My average stack price is up to 9.3 because I was dumb and bought some Monday, but I was worried that JP would prevent me from getting to 100 shares under 10 average and I'm at 150 already.
My only worry is that it will probably go back over 10 by the time my paycheck gets in. I'd like 200 under 10 if possible but don't want to sell all my other holdings at low or no profit during this dip.

>>19636832
CPHI moon soon brother

>I'M NOT GONNA BE TRUMP'S BITCH NO MORE, I'M NOT GOINN TO CRIPPLE THE ECONOMY JUST TO REELECT THAT RETARD. I'M RAISING INTEREST RATES.

>>19636802
World hunger solved. Thanks anon. Its time to tell Africa to eat shit.

>>19636956
i think ill chill at my 25 if i think its gonna go down later ill buy more also went it oil and already making money

Will prices rise or fall the closer we get to Jpow's announcment?

End of month predictions please

https://www.strawpoll.me/20309351

Heh, DAL going back up. I timed the massive dippy just right. Went from 290 to 306 shares. Also timed the dippy right on DIS.

>>19637001
when will the announcement be ?

Threadly reminder that TQQQ:TMV (rebalanced monthly or so) is your friend

UAL anything $40 and under is a huge sale.
>tfw it's June
>tfw the jew flu is over
>tfw vacations = flying

>>19636668
no more money printer goes brrrrrr
ie the real crash starts now :-)
i feel so happy.>>19636669

what are some of your long(er) term investments ?

>>19636950
Are you me?

are you okay bobo
are you okay?

Ok honestly
Tell me why I shouldn't buy some LCI today

>>19636722
sell and buy it cheaper

I've blown my account.

Think I’m going to buy some solids and just uninstall my apps. This is tiring.

>>19637016
Looks like I timed the dippy on MRO just right to.

>>19637023
1:30 iirc

nasdaq10000.com help a brother out and buy our promotional merch

thank you all

>>19637055
This is the only stock I've held that I feel confident will continue to moon. Give me one fucking reason why I should sell it.

>>19637039
How long do you foresee the crash lasting, my friend bear? A quarter, a year, five years?

>>19637068
you sound like a pedophile

*bzzzzt*
*bzzzzt*

>>19636905
No, because i bought at $11

>>19637096
Nope just a dude who's getting a nice wad of money once things pickup speed again.

Buy FMCI!

So wait, did Jpow even talk yet?

>>19637105
Are we headed towards bull trap of fear?

My portfolio is so red right now its like my face when I saw my mom naked in the shower.

>didn't buy puts on obvious ERI top
cut my life into pieces
this is my laaaast resoooort

>>19637105
Bonjour

>>19636669
>tfw white nationalist with a brown girl fetish
I WANT ONE

>>19637140
is she cute?

Here is half my portfolio... bleeding a bit.
% VAR % Portfolio
HTZ -35.12 4.71
CCL -13.31 15.12
CPE -30.86 2.47
AMD 3.59 12.72
RCL 17.6 14.14

HTZ is sort of a "fuck it" bet.
I was waiting for airlines and cruises to get the way up, they just mooned friday and monday and thought, I guess this is it, up we go... I was wrong.
I´m uncertain if I should hold or sell and buy AMD, MSFT or APPL

I'm 4% in the red on a 3x ETF. Should I sell?

>>19636871
Yield Curve Control

>>19637129
he's tawkin today? thought it was just going to be fomc minutes poasted on their gay site.

>>19636905
aren't they in a lawsuite or something?

Why is it that just before stocks hit the target price i want to sell at they crash...

>>19637148
w..we..well yeah...

Im 95 percent cash right now and I dont have a clue what to do with the money

>tfw sold everything before the correction we're about to see

jerome's fucked if the kneelers and kniggers decide to continue escalated riots into June. i just checked twatter and the floyd/chauvin shit is trending again at a robost 20k+ tweets...the normalfags finally heard about the two guys working at the same nightclub.

>>19636871
"stonks only go up faggots"
pretty much will cause another 20% pump

Anyone else thinking disney is about to go through the roof? The NBA playoffs are going to be played there, or is this too normie of a take and its too late?

>IVR under $5

>>19637131
fear

>>19637179
Wait for papa Powell before do anything.

why would interest rate increase be bad? hypothetically, even if there's no chance of it happening

>>19636844
I've fucking had it. Keep trying to replace board culture and I will find out who you are, I will find a photo of you, and I will make fake social media posts with it and watch your pets eat you.

Should I dump NKLA or hold on?

>>19637105
We haven’t hit the peak yet.
S&P 4000 minimum likely higher

>>19636593
I hurt myself today

what do i dump my 7k into and come back in 6months to have it doubled ?

>low volume stock I've been watching sitting for almost 5 minutes with zero movement

It’s true, they only go up.

Kill me.

>>19636720
yeah but who the fuck is using an algo to comb through /biz/

>>19637179
vix options too the moon

>>19637149
You guys do realize that HTZ is going bankrupt and is about to get delisted, I hope.

>gifted 10 shares of aapl as a child for my birthday back in the 90s
>total valuation of the shares about to pass $100,000
Honestly I’ve held onto them this long for sentimental value but the temptation to sell keeps growing.

Even the most overbought stocks have merely returned to Thursday's levels. That's what bobos are celebrating. A retrace of three trading days. Wow guys truly we are all ruined now. Surely airlines, cruise lines hotels etc. will never recover. Corona second wave amiright fellow bobos? Fauci will come back on CNN any day now and FUD America into the ground again right bobos?

Right??

>>19637204
Only sell when it reacher 1k like Tesla.

>>19637179
Throw it all in UPRO

>>19637194
good call. Honestly thinking about dumping it all in BABA so that I dont have to think about it anymore

>>19636871
I would convert to Islam to fuck that ass

>>19637185
I sold a lot to cover a major loss, so I'm down 4k today, but still up 5k for the week.

buy the dip boy

>>19637126
no

>>19636941
>check out DUO. 9 bucks one day and then BAM 100 bucks and down again and it happens to every other chinese stock. for what purpose is the pnd for?
Nice. How do you find Chinese stocks exclusively? I want to do what I just suggested, to be honest. I've been throwing $50 into penny stocks as well. Worst case I lose $10, best case I made $100-$300. Adds up.

How's everyone feeling today?

I could inverse myself and actually make money

>>19637054
LCI will easily go to ~2 in the near term, buy there for a fat ~180-220% retracement. Patient is key you black asshole

When is Powell speaking? EST

I refuse to believe there wont be a second crash.
It just doesnt make sense.
V- shaped recovery at this scale is absolutely retarded.
Why?
Why is this happening?

>>19637245
honestly i have no clue how to check for chinese owned stocks.

>>19637248
Fine. Holding. Sold my LTM and took a little loss. It was absolutely stupid to buy.

Eating some eggs+potato+sausage with Tabasco now. mm

>>19636832
Check the volume. There's no chance you manage to sell considering they're pumping their own bullshit with a sub 1k volume. Basically unless you know the exact price to sell at, their algo probably won't buy from you.

>>19637222
I will trust the trips

>$20?
>is that what a black man is worth?
why's this guy asking rhetorical questions

>>19637271
Do you really believe people are just not gonna fly for fucking summer vacation after being holed up for 2 months against their own will and wearing a gay ass mask everywhere?

I'm going all in on $LUV, I changed my mind.

>>19637271
we're already at the peak of the v-shaped recovery for the stock market, at least many of the large caps have returned to highs or hit new highs. because it's forward looking.

stop putting "link" in the OP

>>19637060
post account and timestamp

>>19637215
Yes, I was trying to ride the wave and leave before the crash. I´m off sync with the wave I guess.

I sold my IVR and MITT at the bottom today. I hate myself

>>19637271
>Why is this happening?
Modern society is rotten to the core. Sooner or later, it catches up with you

>>19637284
he's over by $5.12

>>19636593
I told you anime faggots yesterday. Where u at now pussies? Got some smug anime for me now? Lol

>>19637259
2 hours before market close anon

>>19637259
2pm
https://www.youtube.com/watch?v=ehI0wxxEilc

im too brainlet to know what time that is in my local PST.....california rots the brain

>>19637236
call me a pussy but im only gonna buy back in when RSI hits 50

>>19636871
>More stimulus
Probably reiterating something about the balance sheet to Annual GDP ratio. If it comes off like 1:1 is acceptable he'd be implying that there's at least another 10T in potential ammo for the credit markets.

>>19637152
to completely flat-line the thing? Jesus

>>19637105
>>19637146

>>19637216
2T market cap end of 2021

>>19637286
>>19637291
You guys are stupid plebs. Its literally only up because Fed money and no better alternative.
>forward looking
absolute fucking retard

>>19637286
>Do you really believe people are just not gonna fly for fucking summer vacation after being holed up for 2 months
yes. I actually think that. Normies are crippled by fear

>>19637321
that's 11 for you fags

>>19637191
DIS is going up. Parks re-opening soon. Airlines will see a boost as well. (You don't really think some family with screaming kiddies would drive from Idaho to Florida)

I have to imagine not many of us are making money today

>me at 9,300 Nasdaq after huge rally: nah no way i can buy this now, gonna wait for correction
>me at 10,000 Nasdaq now: KMS

>>19637332
i know that faggot. centrak banks buying up shit like AAPL and TSLA is still a forward-looking move. they know that consumer confidence is down. they don't care. mostly middle class and poor people got rekt in the 2020 goyrona.

I can't take this anymore, lost all my gains and now 2k into the negative/

Disney or XOM, what do I dump in and stop tracking for a year

>>19637316
>>19637321
Okay thanks!
5 for you I think.
I'm thinking about selling anything that's not down too much around noon, then buying SSL at 1:30 or so before daddy Powell gives out the inflation nothinggravy again.

>>19636778
Is amazon stock going to suffer from the upcoming dip or will it continue to be strong?

>>19637345
on the sidelines....not making $ but not losing it either. Unsure what to do today.

>>19637332
>>19637337
Poor normies never had money for vacations or flying out anyways.

Work from home normies with cushy tech jobs are gonna fly. The ones that can afford to, over the summer. Fuck all you guys. Airlines go up.

>>19637218

Haven't you heard? They fixed the gravity bug and airplanes no longer work.

>>19637271
The market is so artificial that real effects on the economy like the covid lockdown don’t really count. It just took a few months for traders to realize that.

>>19637355
all in on cruises anon
The captain goes down with the ship

>>19637355
XOM, Mouse always wins but XOM will perform more from here if you're serious about waiting a calendar year.

>keeping DAL, AAL, and UAL tickers open to see the bleeding out of robinzoomies
Based
>and oil
Today is super comfy bros
>>19636773
Buy SSL calls then you absolute gigaretards

>>19637216
no use in something if you never use it. Maybe stop divvy reinvestment if you've got that going and just enjoy the income until it dries up.

>>19637355
if want stocks to dump and wait for year that would be OIL or airlines... so XOM or DAL

>>19636631
Give me your calls

>>19637360
>Work from home normies with cushy tech jobs are gonna fly.

yes, this is going to make up for the extremely low projected rate per kilo of people on a plane.

>affirmative action in the boardroom
how this country loses to China from within

>>19637190
explain to me whats so good about IVR

>>19637361
Buy dip anon

>>19637279
whats the point though? for people to FOMO into bagholding? that still benefit people who got in before the pump

>>19637354
>forward-looking
Just stop.Forward looking does not mean up, and is bereft of a time frame. Its literally a fucking meme.

UAL hitting that wall at $41

>>19637345
$GNUS

Won't businesses need to increase prices to deal with the profit loss from COVID?
Won't the money printing of the government EVENTUALLY result in massive inflation?
What happened to the middle eastern oil crisis? Did it stop? I havent heard anything...
Is COVID really just completely over? Why is everyone so sure it wont come back?

Why aren’t you nibbas talking about SNE? New PS5 is being announced tomorrow, should be an easy little pump.

>>19637413
>>19637332
nice and right.
>no better alternative.
haha this is a meme too

>>19637271
Why should a company's value drop 80% because they missed out on 6 months of income. Think kid

>>19637399
Dude this companies were already run by Jews and they will continue to be. The only change is the outward facing PR c staff will lot be nogs instead of humans

AHHHHHH YOU COCKSUCKERS LIED TO ME I WENT ALL IN ON SSL CALLS AAAAAAAAAHHHHHHHHHHHHH!!!!

>>19637355
Norwegian cruise line is already going back up, buy the dip

How old is everyone here?

https://www.strawpoll.me/20313591

>>19636936
>BOTTOM
Based and good timing pilled

>>19637307
Why would you sell after a huge drop like that? I bought more at 4.60

>>19636593
Ok wtf two bad day in a row
I am used to red day Green Day Green Day Green Day green day

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

>>19636593
pls happen, this will bring prices down to make undervalued stocks everywhere with higher starting divvy yields, but it will also prove that the economy is stronger than ever, bounceback DOW 40K in 2025

>>19637428
>Won't the money printing of the government EVENTUALLY result in massive inflation?
Not at all, they'll just keep printing more.

>>19637445
worked

1st rule of /biz/ is always do the opposite of /biz/ advice

>>19637456
Shoo shoo glowie

>>19637433
It is a meme, but its less of a meme than bonds and gold.

>>19637460
how far do you think it will realistically go and at what timescale

>>19636717
dreams do come true

Hexo earnings tomorrow pre-market, how hard you lads going in today

When will jpow speak?

S&P 500 up or down?

https://www.strawpoll.me/20313608/r

>>19637490
>https://www.youtube.com/watch?v=ehI0wxxEilc
in 2 hours and 15 minutes

>CPE now has fully recovered to yesterday's close
Nice

I cashed out everything monday morning with huge profits. I am going into a set it and forget it mode with my money for a while, I need to focus on other things and not painstakingly watch my portfolio anymore in this volatile of a market.

Thoughts on a mixture of these stocks? Anything to add or delete?

RTX
LMT
BRK.B
AMZN
DIS
BABA
ABBV
BTI
KO

Business historians and sociologists have stressed the centrality of accounting to capitalist enterprise. In The Protestant Ethic and the Spirit of Capitalism, Max Weber identified “rational bookkeeping” as integral to capitalism’s spirit and organization.36 For Joseph Schumpeter, capitalism “turns the unit of money into a tool of rational cost-profit calculations, of which the towering monument is double-entry bookkeeping.”37 It thus seems fitting that John D. Rockefeller, the archetypal capitalist, betrayed a special affinity for accounting and an almost mystic faith in numbers. For Rockefeller, ledgers were sacred books that guided decisions and saved one from fallible emotion. They gauged performance, exposed fraud, and ferreted out hidden inefficiencies. In an imprecise world, they rooted things in a solid empirical reality. As he chided slipshod rivals, “Many of the brightest kept their books in such a way that they did not actually know when they were making money on a certain operation and when they were losing.”

>>19637447
Obviously it's going back up. This was a small retrace. All the cruise lines and airlines will be hitting post-corona highs again very soon. The game is simple: spook weak robinhood kiddies out of the market, buy up their shares. Spook weak robinhood kiddies out of the market, buy up their shares. Spook weak robinhood kiddies... ad infinitum until they no longer feel like they got dabbed on by bored drunk Trump supporters.

>>19637470
Might be better than gold (as your main hold), but I'll object to A grade + corps and good Muni's. I think equities are good if you're heavily hedged right now. otherwise, i'd say they're pretty meme, especially the TINA argument, almost as bad as forward looking and priced in.

Anons. Just sold all but 2233 shares, all but 100, of my Otso (FIEIF) that I got for under 6 cents on average, for only 9% profit overall. It was only up an extra 0.5% today because of gold.
I've been holding this one through red and green hoping it will pay off and moon, but it's all I had left that was up today, and I need more SSL right now.
Please console me tomorrow when Otso strikes a motherlode and the stock moons 1000% and makes everyone holding it rich now that I've sold.

>>19637475
Depends if the market continues to go up. If the market does start going green again, I expect it to find a new home In the $7 range where it'll hang out for awhile.

>>19637504
Remove all of those and just go in on TQQQ

Carnival or Norwegian?

>>19637501
CPE chads are officially rising up against evil b*bo and his (her) reign of terrors

>>19637428
>Won't businesses need to increase prices to deal with the profit loss from COVID?
yes
>Won't the money printing of the government EVENTUALLY result in massive inflation?
brrrt
>Is COVID really just completely over? Why is everyone so sure it wont come back?
Not at all. Dont know where you heard that but people are still worried

>>19637500
>US economy still is weak
>AYYYYYYYYYY GONNA PRINT SOME MORE TRILLIONS
>stonks rally to new ATHs

if you aren't selling SSL on the dead cat bounce, i don't know what to tell you other than

SOUTH
FUCKING
AFRICA

Any thoughts on RDSB? I kinda feel like going balls deep in it long term.

We are recovering

OIL ABOUT TO GET SHORTSQUEEZED INTO STRATOSPHERE

>>19637445
I told you to buy stocks, not calls.

>>19637378
I get the dividends in cash. I didn’t even know what reinvestment was until I started a portfolio of my own a couple years ago. I bought heavily into T during the covid crash mainly for the dividend yields which are all reinvested. Triple the yields of the aapl even though the share value is barely a third.

>>19637525
Neither. After Norwalk Virus and the Shanghai Shivers. Cruise industry will never be the same again.

IVR rallying

>>19637541
Can't recover until after Jpow speaks

Mumus, i’m so fucking scared right now.

>>19637525
Norwegian, obviously

>>19637525
Norwegian is going to die in court

>>19637539
do it
as soon as they reinstate the divvies it's going back up

>>19637507
MORE OF THE QUEEN PLS

>>19637525
Norwegian
I sail on them and they put work into their shit. plus a 6 million dollar renovation to their resorts and ship upgrades shows they been working hard. They been growing for a while and Im predicting they gonna give carnival a run for their money just due to their ships not being dumpster fires.

If you hold dividend stock, are divys distributed to your broker to give to you or do they mail you a check? How’s that work?

>>19636593
Rusl Long calls on Russian oil economy is this a good idea

>>19637428
>Is COVID really just completely over? Why is everyone so sure it wont come back?
Yes. Because out of the news cycle = over. It has literally zero impact on the real economy if it's ignored. They can't bring it back into the news cycle because the 'second wave' would have to be blamed on rampaging joggers, and rampaging jogger's lives matter, wh*teboi.

>>19637522
I would have to check it every day if I did that, literally the opposite of what I just said

somehow today is worse than yesterday. idc anymore I'm holding these shits

>>19637514

my trailing stops already triggered and i just want this to crash even further now.
people were jumping into financials and real estate all at once like retards. Props to everyone who were in it a month ago and took their profits this week though.

fucking retards and IVR lel, there are a bunch of other REITs that are still undervalued but everyone goes to IVR

>>19637500
what are the odds powell says negative interest rates

>>19637585
Name some.

>>19637460
$2 and $0.75 valuations scare me

What's going on with LTM? It's getting delisted? Am I fucked if I hold?

>>19637438
Because they can't pay their fucking debt, kid.

>>19637525
Carnival is the better play. It really doesn't matter much although Norwegian is slightly more likely to go bankrupt.

>>19637598
ANON

>>19636877
awww its a cute little puppy

Will I make it bros...

288th for sleeping in until several hours after the open.

BULLS waking up from those BULL naps!!

>>19637598
You should sell it, they are circling the drain

>>19637598
When a company wants to purchase another, it gets it for a fire sale if it buys it AFTER it declares bankruptcy.

Not so cocky now are you bullfags?

>>19637271
So t h e y can make as much money as possible, as soon as you think their won’t be a second crash it will happen, thinking early fall.

>>19637594
no chance
market already recovering

>>19637626
Woof

>>19637562
Nothing is going to happen lmao

>>19637594
1000 to 1

i am in financial tatters

>>19637594
It's fairly likely that he will reiterate the Fed position that negative rates aren't a good fit for the US. All hell will break loose if he actually endorses the forbidden arcana of NIRP.

uh guys

>>19637621
What have I done??

>>19637628
>>19637630
Doesn't delta own like 40% of it now though?

>>19637536
u srs? What's wrong with south africa? And SSL is about to open a chemical plant in Louisiana, they are more diversified than you seem to think

Fuck my weak hands. I hate all of you. Sold out of me REITs. Was out of day trades to buy back in. This shit is stupid

>>19637447
when should i sell my norwegian

I am a financial clown

Woule buying the Vix or Tvix be a bad idea or should i buy the dip

>>19637680
Me too

>>19637665
have fun paying more taxes to (((them))), burgers.

i got 2 sony calls that expire in 2 days

haha xd this should be fun

>>19637539
I would guess that averaging in starting late July or so might do well.

>>19637549
As much as I hate equities right now, if I was in your position, i'd just let the AAPL ride out and enjoy the income. The only changes i'd think of would be to manage the tax liabilities if you think you're going to want to shift it around in the future.

>>19637584
i have no objection to the chart, but credit expansion in the form of purchasing treasuries securities and bonds is a piss poor argument for the pricing of equities.

>>19637627
get me some milk...

>>19637680
hold me

>sold 1000$ ivr at the dip
>now it's at 5.4 already

>>19637595
TWO doesn't look bad. I'm just starting to wonder if REITs are going to be a bad call later this year when people have to decide between paying their mortgage or feeding themselves

I want to buy the airline dip again, so tell me. Do I do it now or wait until after JPOW speaks?

>>19637377
I did you cunt nugget. Also got 2200 shares, averaging since 5.24. Picked up some today at 8.

>>19637051
I also want to know this. I got DAL, UAL and SSL which I'm too afraid to sell. Thinking I might try and run these for a few months. Max to a year.

>>19637631
the beauty of dividend growth investing:

stock is up? good, fuck you pay me.
stock is down? okay, fuck you pay me.
stock is crab? fine, fuck you pay me.
cut your dividend? sold, and reinvested into a better company.

>>19637709
You buy in constantly

>>19637725
>>19637725
>>19637725
NEWNEWNEW
>>19637725
>>19637725
>>19637725

>>19637671
>Doesn't delta own like 40% of it now though?
Delta will get a bigger discount if the remaining 60% of shares are worth zero than trying to salve their holdings.

I told you not to doubt the REIT train this is institutional money sappers playing games

>>19637677
Pro-tip1: if you trade longer time horizons you're less likely to get shaken out of the market
Pro-tip2: if you trade something you actually have conviction with, you're less likely to get shaken out of the market
Pro-tip3: never buy out of fear
Pro-tip4: always sell when delusional

>>19637699
Weak hands get what they deserve

>>19637665
More money printing pumps, time for S&P to hit ATH

big red dildos as soon as IVR and MITT recover to previous close

>>19637504
id remove ABBV, add MSFT

Its fucking over, isn't it?

>>19636593
Crabs for days
Wtf is going on spy is craning is the market scared jpow will turn off his money printers

>>19637731
did you forget the part where you can't actually sell the company stock because it's lower than before from it doing bad which explains why your dividends got cut lmao

>got stop loss hunted on IVR and only walked away at +$8 when I could be at +$400 again
Guess I need to go do some grip strength exercises. Oh well, at least I didn't panic sell when I was down $400.

>>19637709
buy in because Stacy and Tyrone need to go on their secret weekend vacations.

>>19637709
Do it next week when the new COVID infection numbers come out

AAAAAAAAAAAAAAAAAAAAAAAA

>>19637665
Trump has been wanting to lower Capital gains. This could be good.

>my trade itself tanked FIEIF, so I sold at a slight loss
RIP guess this is why I need to look at volume more.
I got some funds at least.

This is your second chance to buy into VROM
VROOOOOOOM TO THE MOOOOOON

>>19637695
Why invest in bonds when you can earn 10% a month in stocks. I dont think it will be like that forever, but as long as Fed supports it, then so it shall be.

>>19637631
Still pretty cocky. The absolute best soundtrack for trading is that stupid beach music your boomer grandpa used to listen to. I myself prefer 'Kokomo" by the beach boys.
You really want to achieve that casual not giving-a-fucking-ness that is inspired by the likes of Jimmy Buffet, coming down from a coke bender, while simultaneously rising up on your third margarita of the day. And it's not even noon yet.

Get some stock for $10 on fire sale
> Cool man
Sell some stock for $20 while sipping a drink with an umbrella in it
> Cool man, forgot I bought that fucking thing.

.. Get there fast, and then you take it slow.

> Made 2500 off NKLA
> Put it all on short
> 1 hour later 10% already gone
They come and they go I suppose

>>19637796
err, VRM

>>19637680
honk honk

DAL's rising still, So's DIS. Green baby once again.. (DAL's my largest holding @ almost $8500 invested)

In all seriousness I have a strong feeling today could very well end in green and significantly up in post-market.

>>19637804
why invest in stocks when co-movement in the indexes due to credit troubles might swing your winners about -20% or more? You've got a 10 - 20% upside and a 20% to 50% downside. Grade A is going to swing something like -10% or so tops. You'll get decent yield, and probably still have room for some limited growth due to low rates going till likely 2022. if the FED touches rates at all, I'd be really surprised. If rates go up, everything will shit and grade A bonds will probably shit the least because the issuing companies aren't as likely to need to issue more, nor will they deal with harsh fallen angel issues that BBB will - especially in the rating environment we're in.

>>19637822

i'm in with you @ 50.00

when we gettin' out?

>>19637406
What's the point of half the shit China does. I'm sure there's a reason in the grand scheme of things but if you think you'll profit you'll probably just end up in a building made a dirt filled concrete blocks.

>>19637896
I agree, I am fairly sure the Fed is about throw some dovish signals and I am about to load up on indexes pre-press conference

UAL tanking again

>>19637105
Why does the line show the bottom being around 22k when it was 18k?

>those two underaged zoomers ITT
how tf did you get here

Guys. Do I sell MITT for SSL
GUYS
GUYS DO I MAKE THIS TRADE TIME IS LIMITED
They both have so much potential. Fuck.

>>19637725
>>19637725
>>19637725
>>19637725

>>19637195
>why would interest rate increase be bad? hypothetically, even if there's no chance of it happening

Because then you can get gains with lower risk than stocks, so the money moves from stocks to bonds. So the stock prices drop.

>>19638264
because all the boomer pension funds are based on guaranteed growth and if they had reasonable interest rates all sorts of other bubbles would collapse and instead we get pump and dump stocks (softbank)