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/biz/ - Business & Finance


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>> No.21801355

Are we going to have a huge spike monday?

Like HUUUGEE??

>> No.21801392

Buy more AAPL. Yes or no?

>> No.21801413

>>21801325
I’m extremely bearish, puts on AAPL and TSLA ready and waiting for this week’s bloodbath. RH kids about to discover what “taking profit” means for the big players.

>> No.21801415

You have 5 minutes to explain why you aren't buying 10% otm calls on AAPL/TSLA expiring in mid-late September. Its literally free, safe, easy money.

>> No.21801435

Is $ADMA a buy tomorrow?

>> No.21801437

>>21801413
no way apple or tesla don't have 30%+ drops this week, it is our time. digits confirm.

>> No.21801444

>>21801392
Yes. It's going to keep going up until split. Then go up some more.

>> No.21801493

>>21801413
>he said for the 12th week in a row

>> No.21801506
File: 163 KB, 1440x2960, Screenshot_20200823-184616.png [View same] [iqdb] [saucenao] [google]
21801506

>> No.21801519

>>21801413
Post your short positions

>> No.21801535
File: 129 KB, 960x636, Arnie the goat pt2.jpg [View same] [iqdb] [saucenao] [google]
21801535

>>21801413
>selling shares right before a split

come on man,at least try not to sound retarded

>> No.21801536

When is Apple going to make a car?

>> No.21801552

>knew the economy was fucked and that the only thing the markets were going to face a wall of TINA and that would mean a return to tech megacap evaluations
>underestimated retail and new bored trader/investor giving a positive feedback to that same trend
>market inverses economy, doombull run incoming
Markets are way too overvalued compared to other things, but there will not be a tech rotation for a LONG time. If anything, non-tech will get dragged by the coattails of tech.
Now I am accumulating SLV calls for midish september and january on red days for Silver. Will open gold positions in November for January.
I am hitting myself for missing out on Lumber but am slowly starting to open a position in Uranium. USD is icky and its better to hold tech pieces of paper or commodities. Really any commodities. Oil fucked itself extra hard so don't touch that until Mid-to-Late October at a minimum.

>> No.21801595

I am currently researching all the tickers mentioned here:

https://old.reddit.com/r/pennystocks/comments/ifafse/list_of_convalescent_plasma_companies/

I am looking at insider activity on finviz and sentiment / message frequency on stocktwits.

So far, it seems that ADMA is the play.

>> No.21801603

Uh oh guys, looking like a big rotation out of tech this week.

>> No.21801632

>>21801552
>Markets are way too overvalued

>local man commited to insane asylum after losing millions in unrealized gains
>"IT WAS SUPPOSED TO CRASH, IT WAS TOO OVERVALUED" he repeated for decades straight

>> No.21801633
File: 969 KB, 1440x1547, 1597385008444.jpg [View same] [iqdb] [saucenao] [google]
21801633

TQQQ split soon.
Covered calls on TQQQ.

>> No.21801653

>>21801633
You think it will be a 2 for 1?

>> No.21801671

>>21801435
Yes.

>> No.21801679

>>21801595
This is optionable but will probably reach trading halts in the premarket. Robinhood premarket it seems opens at 9:00 AM Eastern which is a fucking joke. My Roth IRA is in Vanguard which Google says does not offer pre-market trading at all. Fuck.

>> No.21801681

>>21801653
Could be 2:1 or 3:1, just depends on when they do it.

>> No.21801689
File: 77 KB, 771x1024, 1595795726278.jpg [View same] [iqdb] [saucenao] [google]
21801689

>>21801603

>> No.21801699

>>21801437
>>21801444
There's your digits anon, kek.

>> No.21801704
File: 75 KB, 834x1078, dda7f85648604e9dba45ccbcfbc3b614.jpg [View same] [iqdb] [saucenao] [google]
21801704

>>21801633
>didn't think I could reach 100 shares
>now I will without trying

>> No.21801705

>>21801325
Post dividend portfolios

>> No.21801714
File: 272 KB, 500x775, 1598071075235.png [View same] [iqdb] [saucenao] [google]
21801714

Poor bears, they say the same shit every Sunday.

>> No.21801723

I wish I had more money so I could just buy $50k of any random company if I felt like it

>> No.21801737

Which brokers let you trade the earliest? I've been on RH since April and am tired of missing out.

>> No.21801752

>>21801671

better than $SONN?

>> No.21801754

Reminder to dump your AAPL and go all in on the Russell 2000.

>> No.21801770

>>21801754
If you want small cap, just buy TNA.

>> No.21801772

I need to know how much time I have to get into KTOV under $1

>> No.21801774
File: 558 KB, 699x518, 1547557481090.png [View same] [iqdb] [saucenao] [google]
21801774

>>21801723
I wish I had a billion but I don't

>> No.21801795

>>21801752
ADMA has more hype, at least from what I can tell off the limited DD I can do from the WageCage™

>> No.21801798
File: 95 KB, 1080x599, 1595720797476.jpg [View same] [iqdb] [saucenao] [google]
21801798

ahahahaAHAHAHAHAHA

selling my boomer gold tomorrow, dubs decide between MSFT and AAPL

>> No.21801810
File: 259 KB, 1920x1080, DoombullBIG.jpg [View same] [iqdb] [saucenao] [google]
21801810

>>21801632
I am one of the original doombulls. When I say "way too overvalued" I mean with regards to other asset classes. Not some cosmic drive towards the market actually reflecting or feeling the pain about to be inflicted on the economy.
I am bearish on literally eveything about the American economy except for the stock market. People will simply not want their money to touch this icky toxic and diseased mess for a long time. I invested in tech including leveraged positions on the NASDAQ to long American misery.
It just also follows that if the dollar is going to be poopoo peepee as well than you want to grab as many commodities as you can. Forget silver and gold. With the exception of the NASDAQ almost all durable (non-food) based commodities have given greater returns than the markets. That is going to continue going forward.

>> No.21801848

>>21801795
>>21801595
you guys realize convalescent plasma is literally just the blood plasma of recovered coofers, right? it's not some magical hard to produce miracle drug with patents, the biggest benefactor is the fucking Red Cross

>> No.21801853
File: 1.47 MB, 236x250, 1560333671714.gif [View same] [iqdb] [saucenao] [google]
21801853

Why does everyone put TQQQ in such high regard when it has a higher expense ratio then any of the ARK etfs and has had better performance

>> No.21801877

please, short apple and tesla more, please. short it to the hilt, with leverage. we need your sacrifice to meme the stock up to even greater heights before the split. your sacrifice will be appreciated, bears.

im hoping for some good bear traps, some dips that trap them over and over again.

>> No.21801885

>>21801853
ARK would be fucked much harder by a Tesla collapse than TQQQ, also ARK has a pretty high expense ratio for an ETF too

>> No.21801893

>>21801798
>Selling PMs before Thursday
I was have tempted not to even mention it. You don't deserve gains.

>> No.21801900

>>21801848
>get coof
>boomers vampirically drain your blood to save themselves
>get coof again
>die because you have less oxygen capacity

>> No.21801926

>>21801848
Add to that, some of that blood they can't use it if it's got the aids virus or some shit mixed in with it even if the person who donated it survived the virus. So there goes a big percentage of your "cure"

>> No.21801927
File: 386 KB, 480x480, 1596699069614.webm [View same] [iqdb] [saucenao] [google]
21801927

>>21801877
I don't normally hope to see people fail, but you deserve it.

>> No.21801949
File: 53 KB, 720x577, ArkWTqqq.png [View same] [iqdb] [saucenao] [google]
21801949

>>21801853

>> No.21801958

>>21801853
Because ARK ETF growth is 99% memes (e.g. TSLA and other memes, short horizon "luck"), not actually driven by real picks.
TQQQ on the other hand has a very long track record of success, and the strategy is so simple it's easy to simulate it back and forth. It's therefore a far surer thing. Also "TQQQ" is really a standin for "some sort of 3x leveraged non-commodity ETF", with a tech focus being put forward because that's what's most likely to go up forever. FNGU works just as well.
Realistically, the reason to choose TQQQ manually getting 3x leverage (mostly via options) is laziness, that's literally it. The fact there's even a way to achieve this without relying on someone else (a la ARK*) also makes it a far more valuable system, because if it goes tits up like TVIX did, you don't give a shit and can just keep going, it's just more work.

>> No.21801973
File: 76 KB, 1919x820, 0823SNIP02.png [View same] [iqdb] [saucenao] [google]
21801973

Pretty tiring Sunday, I burnt some chicken and spent some time listening to Schiff and Uneducated Economist talk about housing.

I don't see housing crashing anytime soon due to the rising lumber prices & slowing down of new construction (due to insane treated wood prices, can't build homes on shitty untreated wet cedar for example).. Actually I see a further squeeze on lumber coupling from paused forbearance. Investors and homeowners will try every method before foreclosing. And since housing prices are rising, people are reverting to using houses as speculative and 'safe' investments, taking the chance to move to new areas (cheaper areas pretty much) with WFH becoming commonplace across America. And if landlords have to lower rent in urban areas (LA, Bay, NY for example) then renters are more than happy to move to those cheaper units. So I think for now there is a fine balance that won't cause a housing bubble pop.. we're in a very weird state. Although, this can't last much longer (and when I say much longer, it could be anywhere from 1 year to 5 years because who knows what the fed will do?)

Anyways how was your weekend? I'm always actively trying to make plays on my TDA and the other 5-10% of my portfolio on Kiddiehood.

>> No.21801999

>>21801893
Every time I play commodities I get burned, I've written them off entirely. Fuck tanker memes, fuck oil, and fuck rocks.

>> No.21802024

so is thermogenesis on the menu?

>> No.21802025

>>21801999
I've had massive returns on silver miners so far and I have no idea what I'm doing. However I don't do any commodities and especially nothing related to oil either.

>> No.21802028

Anyone else trading options on lean hog futes

>> No.21802032

>>21801999
>digits
oof. I made some money on silver but could have made a lot more if I wasn't greedy and just sold when I was up 400%

>> No.21802041

Transferred my savings over. Gonna use tech as my savings account. The real question is to pick up Amazon or alphabet orrrrrr stick strictly apple and Microsoft or just a mixture fuck me

>> No.21802062

>>21802025
I've had good returns on my gold miners, I want out of my physical unleveraged rocks

>> No.21802080

>>21801506

What's the scoop on this?

>> No.21802083

>>21802041
Definitely mixture. If I were to do like you I'd be 50% AMZN, rest in a mix of AAPL, MSFT, NVDA, AMD, INTC and a few more. I wouldn't get TSLA and GOOG(L) however (personal choice). INTC + AMD because together, they effectively track computer sales. Just one is better but less passive (in that case, currently get just AMD, swap all AMD for INTC when the time comes).

>> No.21802086

>>21802041
Trying to decide if I should do this to. I have $75,000 outside of my 401(k) and only $17,000 invested. Wondering if I should be more aggressive and stop holding as much cash.

>> No.21802089
File: 38 KB, 575x575, 1595532197231.jpg [View same] [iqdb] [saucenao] [google]
21802089

should i sell my tqqq to go in on apple

>> No.21802098

>>21802041
It won't really matter. If you want some kind of decision criteria, then buying 100 shares is way better than buying 1-99 shares of something.

>> No.21802102
File: 21 KB, 429x446, TQQQ Splitting.png [View same] [iqdb] [saucenao] [google]
21802102

>>21801949
I love how TQQQ consistently has forward splits, just goes to show the strength of a persistent bull market and the power of tech AND the power of leverage.

>> No.21802144

>>21802089
If you have so little money those are your only choices, yes, definitely. Otherwise, keep tqqq and put more in aapl (calls).

>> No.21802161

What do you all think of the following filter on this website for calls on swings to the upside?

Hint, put the statement (filter) in the box and hit Fetch Stocks

https://www.stockfetcher.com/create?edit=1

Show stocks where slow Stochastic(5) slow %D is below 50 and close reached a new 3 day low and Volume is below Average Volume(10) and volume is above 125000 and close is between 2 and 7

>> No.21802201

>>21802102
You can DIY TQQQ. It isn't that hard and you get rid of the expense fee at the cost of having to micromanage it. You should see what happens if you put in really dumb "sell" signals such as the underlying (QQQ) moving beneath the 200 day MA and moving back in when it moves above it.
You still get hit by drawdowns but its not nearly as bad.

>> No.21802220

What are good tickers for buying calls on commodities Iike corn?

>> No.21802221

>>21802086
>>21802083
Seriously it's just sitting in my savings doing nothing. I know how to use a fucking stop loss. The tech wave won't die for years. And thanks I was gonna pick up nvda too

>> No.21802235

>>21801444
please spare me

>> No.21802253

>>21802201
I read somewhere that using contrarian bollinger bandsis actually a significantly better indicator than using them properly

>> No.21802282

>>21802220
CORN, the ETF for corn futures is literally called CORN

>> No.21802291

>>21802220
literally CORN but idk about corn, basedbeans look alot better, and soft commodities, like sugar, coffee, cotton, while they have made a run here recently, ive noticed spec money has added to their positions in the last commitment report

>> No.21802323

>>21801848
I have antibodies add in not giving my plasma unless they offer me like $1000
Had 2 days of fever and that was it.

>> No.21802339
File: 243 KB, 680x709, aaf.png [View same] [iqdb] [saucenao] [google]
21802339

>>21801848
I realize this and am only doing it for the "Trump said something, stocks go up 1000%" meme.

>> No.21802347

>>21802201
I can't buy 100 stock of everything I want to sell covered calls. Or I can just buy TQQQ and sell covered calls.

>> No.21802348
File: 236 KB, 850x1027, 73bff0aa84d7e791.jpg [View same] [iqdb] [saucenao] [google]
21802348

THE COLOR IS GREEN

>> No.21802351

>>21802253
I have never backtested it but I imagine the two strategies are very similar. I mean the entire goal is to have a sell trigger for MASSIVE overall downturns in the market that doesn't trigger on dumb noise.
My gut feeling is that the dumber and simpler it is, the better.

>> No.21802364

>>21802098
Thanks as well. It's only like 10k soooo Amazon and the like would eat up most of it. Might just split in aapl Microsoft and Nvidia. To me. Anything but holding cash

>> No.21802401

>>21802339
The most profitable commodity trade I ever made was buying oil and selling it based on Trump tweets.

Then I lost all that money on tanker gang memes.

>> No.21802417

dividend bros
what are you buying this week

>> No.21802420
File: 771 KB, 1234x2207, hajima1.png [View same] [iqdb] [saucenao] [google]
21802420

>>21802347
Google "poor man's covered call."

>> No.21802424
File: 462 KB, 1076x799, BUM18Et.jpg [View same] [iqdb] [saucenao] [google]
21802424

holy shit apparently it's true, monkeys consistently do better than hedge funds. I always thought that was just a meme

>> No.21802426

>>21802351
What about going outside the stock market to look for other indicators of a major downturn, like treasury rates or LIBOR?

>> No.21802464
File: 1.07 MB, 921x1536, FUTURES_PARTY.png [View same] [iqdb] [saucenao] [google]
21802464

SPX 3400 party
everyone is having a good time
party hats mode

>> No.21802477

>>21802424
Hedge funds, by definition, structure their investments to minimize risk. That's what the "hedge" in hedge fund means. Monkeys just click random buttons and let "haha line go up" do the work.

>> No.21802484
File: 2.12 MB, 1856x1474, 1595987163591.png [View same] [iqdb] [saucenao] [google]
21802484

IF THE MARKET COULD PLEASE CRAB FOR ABOUT A WEEK I WOULD APPRECIATE. I AM TRYING TO PARTIALLY SWITCH BROKERS AND NEED TIME FOR THINGS TO SETTLE AND TRANSFER THANK YOU.

>> No.21802493

>>21802426
the yield inversion was the best indicator of anything and i would say thats outside the the traditional "stonk" market, infact its never been wrong when negative for more than a quarter

>> No.21802528

>>21802424
Please use h*dge. I think h*dge funds are fucked by the oversight and investor demands vs a retail being able to do whatever you want no judgement

>> No.21802576

>>21802464
That said is it based or cringe to wear a Dow 30k hat in public

>> No.21802606

>>21802576
based

>> No.21802620
File: 312 KB, 500x500, Clown-World.png [View same] [iqdb] [saucenao] [google]
21802620

>>21801848

DARPA P3 Monoclonal Antibodies Therapy: Genetically engineered blood plasma antibodies recovered from coofers. The new mRNA vaccines for monoclonal antibodies are genetic code for blood plasma antibodies recovered from coofers. It was always never magic.

>> No.21802626

>>21802420
No. Its not actually the same thing, there are increased risk factors. You need high level options enabled. You have to sell calls above the strike that you bought, and if the price drops below that you are fucked. You also get fucked if the call you sell gets exercised. If you own the stock, you don't even care what the underlying price is.
Getting TQQQ is just safer and less micro managing.

>> No.21802634
File: 133 KB, 690x313, 1579984329527.png [View same] [iqdb] [saucenao] [google]
21802634

>>21802576
Unfathomably based. The only thing more based would have been wearing a DOW 15,000 hat in public in March.

>> No.21802654
File: 82 KB, 810x650, 1587136469224.jpg [View same] [iqdb] [saucenao] [google]
21802654

>>21802634
Henlo I am new stock market animal

>> No.21802663
File: 915 KB, 1440x2101, annoying rat fails again.jpg [View same] [iqdb] [saucenao] [google]
21802663

>>21799420
>Pic related.
You're annoying you know that. Anyways post your puts considering how cocky and confident you act about this. Heck go out to Jan. 2021 but that in itself proves how insecure you are about your own in your eyes 100% accurate prediction since you act like it is no less than a week later.

>>21799558
Lmao

>> No.21802669

>>21802606
>>21802634
Cool I’m actually gonna get a 40k one

>> No.21802674

>>21802477
So what you're saying is I should get a monkey?

>> No.21802690

>>21802477
Hedge funds are (mostly) rebranded mutual funds when the evidence became overwhelming that 90+% of mutual funds are not worth an individual's time or money as investment vehicles.
They couldn't beat the markets with only long positions and I would be very surprised if adding short positions would somehow help them. They will still sell the 1% of the time a hedge fund makes "THE BIG X PLAY" but its still the same garbage.
There are like 10000 of them. No way all of them aren't just primarily making money by fees again. Their convoluted organizational structures will mask this reality from being known again. And when it is we'll have a new "fund" appear.
>>21802426
The more uncorrelated indicators you have the better. But my experience with TA for years was that despite all the crazy stuff out there that most of the indicators tended to be redundant and really just more complicated versions of simpler indicators (more prone to errors too).
A leveraged index play assuming an underlying secular bull market just means you are hunting for BIG moves downward in everything to pull out. The more obnoxious possibility is sideways movement but my thesis is still that that would require asset classes to stabilize relative to each other. Which I don't see happening for a long time.

>> No.21802777

Is the shoeshine boy indicator still valid? I feel like with the market being more accessible than ever it no longer works

>> No.21802873
File: 1.03 MB, 1120x1080, 1591984342555.png [View same] [iqdb] [saucenao] [google]
21802873

>>21802777
The rugpullers are going to get rugpulled this time

Rothschilds don't fucking care anymore all the rates and yields are zero they need a hard reset without the chinks eating their lunch.

>> No.21802875
File: 38 KB, 750x778, 1595704093738.jpg [View same] [iqdb] [saucenao] [google]
21802875

>Donald FDA announcement just in time to pump futures at open
based

>> No.21802876

>>21802201
In my experience it's almost as bad actually. Maybe 5% difference.

>> No.21802888

>>21801633
What price does TQQQ split at?

>> No.21802926
File: 86 KB, 950x515, 62ul190qsji51.jpg [View same] [iqdb] [saucenao] [google]
21802926

post positions

>> No.21802945

>>21801999
It's better to look at macros then micros when it comes to commedities. Oil typically hits its peak in August, then dumps in September as vacation traffic dies down. I don't know if it will still play by those rules come September, but any September oil dump I'm buying.

>> No.21802960

>>21802888
Last two times it split it was around 130-150. Its not officially announced, but I'm guessing it will happen before it hits $200.

>> No.21802989

>>21801437
Why would they drop?

>> No.21802990
File: 1.72 MB, 220x220, 1577540718995.gif [View same] [iqdb] [saucenao] [google]
21802990

>HQU, ARKK and TQQQ all have broadly comparable returns
>HQU has a ridiculous 1.5% expense ratio
>TQQQ 1%
>ARKK 0.75%
>but I pay a 1.5% USD conversion fee and commission with my broker, commission free for Canadian stocks
>also I can daytrade HQU because Canada doesn't have a PDT rule

>> No.21803029

>>21802926
Buy the Marvell dip.

>> No.21803064

>>21802080
Just gonna keep on mooning while smg refuses to pay any attention

>> No.21803079

>>21802926
chink monday lol

>> No.21803089

>>21802926
My positions are ABX, AU, ELD, JD, MSFT, SNPS, SOXL. May add veeva or auto desk, maybe Paloalto networks depending on earnings.

>> No.21803099

>>21802989
Because they are overvalued assets trading at whole-number multiples of their fair values

>> No.21803104
File: 229 KB, 1440x1562, month portfolio value.jpg [View same] [iqdb] [saucenao] [google]
21803104

Have about 42k free, anything I should consider?

Post 1 of 2

>> No.21803112

The discussion is surprisingly good in here today. Time to jinx it

>> No.21803116

>>21802960
im retarded, do i have to be worried about TQQQ becoming "overpriced" with a premium if more people start loading up on it because small capital traders can more easily trade it? Or does that sort of thing get rebalanced daily to whatever the "proper" price should be based on the ETF holdings itself

>> No.21803118

>>21801552
It's not too late for Lumber, LL is doing awesome. What's your Uranium play? And why Uranium?

>>21801633
>>21801681
>>21801653
Really??

>> No.21803122

>>21802876
As far as QQQ and TQQQ goes, the 200 MA crossover points were on March 6th (to below) and April 8th (to above).
The February high was 118, on March 6th it was 76.84 and ~54.5 on April 8th. The low was 32.27. So the drawdown was 34% percent instead of 72%.

>> No.21803127
File: 97 KB, 1440x673, portfolio stocks.jpg [View same] [iqdb] [saucenao] [google]
21803127

>>21803104
Stock portfolio not including options.

Post 2 of 2

>> No.21803132

>>21803104
>1 month
Looks like you had a good week where your life was over. Damn that looks painful

>> No.21803139

apparently reddit is convinced the market will crash tomorrow because lil niggy released an album

>> No.21803172

>>21803127
Do you want good long term holds in solid companies or the get rich quick meme advice?

>> No.21803185

>>21802990
Just get ibkr. wst doesn't even do options, and even its stops are borked.

>> No.21803187

so is this AAPL forward split basically going to turn /smg/ away from the ways of penny meme shit and finally accept their lord and savior covered calls buy and hold into their hearts?

>> No.21803208

>>21803127
if your bullish on Apple still just buy more, else just buy spy. either way youre killing it

>> No.21803209

ADMA options only trade in 0.05 cent increments. The ADMA 7.5c 9/18 has an ask of 0.05. That means at bare minimum you either double your investment to 0.10 or sell for break even at 0.05 again. The 3rd option, of course, being there are no buyers for what you're selling even at 0.05.

>> No.21803211
File: 84 KB, 828x885, EJhF5EdUwAEAhqV.jpg [View same] [iqdb] [saucenao] [google]
21803211

>>21803139
is there really a rapper named lil niggy

>> No.21803213

>>21802990
im holding HQU right now until i figure out how the fuck do to norbert's gambit on Scotia iTrade
like how do i do it online without having to call (and have to pay like ~$50 or whatever scotia charges extra for telephone orders)

fuck i need a better broker, i can't even do options in my TFSA but apparently you can in a TFSA in other banks.

>> No.21803226

>>21803185
IBKR wants me to have things like "an income" to play with stocks or options

>> No.21803235

>>21803226
>IBKR wants me to have things like "an income"
sounds gay and retarded

>> No.21803242

>>21803139
There's nothing of value on Reddit. I spent weeks trudging through the place to find the 0.01% of posts that seemed to have legitimately intelligent people. They seemed to have sound analysis and they were correct before. Ends up they're wrong and clueless, they got lucky one time and the hivemind of upvoted comments keeps you under this grand delusion. Stay away from there. At least on 4chan someone can call you a dumb nigger if he thinks you are, even though said person may also be wrong.

>> No.21803255

>>21803116
TQQQ has enough volume that its probably not an issue.

>> No.21803256

>>21803187
they're gonna get assigned, ree about it and vow never to do it again

>> No.21803274

>>21803211
no the rapper in question is lil yachty but they're all lil niggy to me

>>21803235
also they wanted a beneficiary listed to let me make an account but I don't actually have any family other than my grandparents

>> No.21803283

>>21801325
what is the next tsla

>> No.21803293

>>21803226
>>21802990
You know you could just lie to them and they have no way of coercing you to verify? Fucking clueless anime posters

>> No.21803299

>>21803242
You're a fucking retard, everyone on plebbit is a fucking genius and you're jealous of their gains. You won't be invited to my yacht party.

>> No.21803307

>>21803132
That was a bad option I never should've done, if I took a second to think but I fomo'd as market was closing soon.

>> No.21803323

>>21803283
TSLA is the next TSLA, if something else was the next TSLA we would not be talking about TSLA

>> No.21803325

>>21803242
>There's nothing of value on Reddit.
It doesn't seem to matter the sub. Every sub, any subject, they all have that faggoty sense of humor, quippy writing, and irritating presence. Niggies say it's a meme that you can root them out really quick by the way they type but you totally can. It's obvious and they never seem to understand why they are spotted so easily here.

I only use it for really specific knowledge I need when I'm fixing something. That's all they're good for.

>> No.21803326

>>21803293
Is that not literally wire fraud?

>> No.21803330

>>21803283
I think it was Theranos, but then it was a female Steve Jobs so she fucked up the con and now she's in prism.

>> No.21803343

>>21803256
>get assigned
>you still made money
>just buy the shares back
>do it again
>reconsider your strike price for next time

doesn't seem that hard in all honesty. it caps your upside but you still make money ultimately so what's the problem? through experience you'll figure out roughly where your strike prices should be optimally i'd imagine. all you're really missing out on are small batches of gains that probably don't matter anyways since you never plan on selling regardless (besides getting called away but then you made whatever percentage gains that you set for the strike price so who gives a shit it's profit)

>> No.21803347

>>21803323
eoy price

>> No.21803353

What do you think AAPL’s closing price will be before the split?

>> No.21803361

>>21802926
Slunk gonna pop

>> No.21803363

>>21803330
>prism
yo nigga let me outta this whack ass crystal

>> No.21803367

>>21803353
Either $400, $500 or $800.

>> No.21803374

>>21803213
Nigga why the fuck are you using the shittiest bank broker to trade in? Just open a questrade account. Doesn't iTrade charge like 25 canadian pesos per options execution? Ridiculous.

>> No.21803378

>>21803323
the correct answer is whatever the next catalyst for TSLA is after battery day. i have no idea what that is but if TSLA dips hard on battery day because of profit taking from tutes like i expect, might be another good momentum play for whatever other hype meme event comes next.

>> No.21803382

>>21803347
$2950, $590 post split,

>> No.21803383

>>21803172
I'll take advice on both. Sometimes the information received can lead me to a breakthrough on the way I do something.

>> No.21803395

exactly $420

>> No.21803404
File: 498 KB, 2548x2274, Cheers - Frasier getting down.jpg [View same] [iqdb] [saucenao] [google]
21803404

>>21803139
Reddit is so concnerned with looking smart, that they miss basic things. They also have a reputation for being even more wrong than /smg/. At least we can shitpost here, they get complaints every time they hit the front page for using the word Autist. God that place is a shithole

>> No.21803408

>>21803353
690, for the memes.

>> No.21803411

>>21803378
What if the collective consciousness tunes into the "sell before battery day" play and then it doesn't happen? Then what's the play?

>> No.21803425

>>21803378
People fearing TSLA will dip after battery day is precisely why it will go up significantly even after mediocre news.

>> No.21803440

>>21803353
3 trillion?

>> No.21803449

>>21803382
And then they announce another split. The cycle repeats.

>> No.21803460

Just queued up 30 shares of VIOT.
But am i gonna make it?

>> No.21803462
File: 1.70 MB, 650x365, Mad Men - Not Great Bob.gif [View same] [iqdb] [saucenao] [google]
21803462

>>21803325
Jesus, tell me about it. It doesn't matter if it is the motogp sub, the Rally sub, the artifact porn (why do they put porn in everything???) sub, or the mad men sub: it's all exactly the same way of talking and the same memes and humor

>> No.21803465

>>21802960
I might finally take the TQQQ pill since I moved on to a better broker (leaf). Does an expense ratio of 0.95% mean for every $10000 I have invested in TQQQ, they charge me $95 a year to manage my shit?

>> No.21803489

>>21803118
>What's your Uranium play? And why Uranium?
It isn't going to be large. There is one hell of a supercycle about to roll over the space. The short version is that what happened to uranium after Fukushima is very similar to what happened to oil this year and it was timed at precisely the wrong time. But the actual underlying need for the commodity has not decreased but the markets have shifted from US and the West to developing countries such as India, China, etc. These cycles are years long so its not something to immediately hope into. Right now I have small positions in UUUU and URG. As for more immediate returns, the 1 miner I have opened a position in is WSTRF.
As for my interest in Uranium, I have a background in energy research and feel that the "realization" any country serious about greening their grid will be to leverage Uranium for baseline load and SUPPLEMENT that with wind/solar/whatever.
>It's not too late for Lumber, LL is doing awesome
It feels Lumber got a demand shock to compound the gains from the housing renovation space. I don't know enough or feel comfortable moving in on something that moves like that with little in the way of correction.

>> No.21803502
File: 32 KB, 564x446, file.png [View same] [iqdb] [saucenao] [google]
21803502

>>21803122
Not what I'm seeing (pic rel).
Green is VXN, ignore that. Purple is SMA(200) on QQQ, reweighed by the price ratio between TQQQ and QQQ for easier visualization. The actions before these were in 2019.
Are you sure you're not limiting your signals to right around the dip? That would make the signal look like it works, when it really doesn't.
The drawdown from this (this is 2015-01-01 to today) is 49.81%. It's 69.92% for buy and hold. On that limited horizon, it's a notable difference (20%). If you increase the horizon to 2008 or worse, 2000 (with simulation), you get far worse drawdown.

>> No.21803505

>>21803404
knowing what a group thinks of something can be helpful in itself regardless of whether they're right about it

for example if twitter is pissy about something it's usually funny or right

>> No.21803523

>>21803208
Yeah, unironically had a bit more Apple but stupidly sold it to buy more of a different position I lost interest in soon thereafter (also had less free funds at the time iirc as I had some SOXL and a sell put on them).

>> No.21803525

>>21803465
Basically. They don’t charge it to you directly, they take it out of the value of the shares, so it’s not immediately obvious but it drags it down a bit over time.

>> No.21803537

>>21803383
This is my boomer buy and hold portfolio. I'm selling the gold tomorrow for either MSFT or AAPL.

The right answer for the most money fastest is probably to dump it all in TQQQ.

>> No.21803543

>>21803411
buy more or hold with tight stop losses if there's another "crash"

>> No.21803547

>>21803283
A better question is, who will produce the next big product, with a large market, and will be the number 1 in that space. Who will produce the next iPhone like product, that everyone must have? Is it google glass like product? Identify this, and who will be the leader. That is the next Tesla!

>> No.21803557
File: 621 KB, 1000x1410, 517acfb0fee.jpg [View same] [iqdb] [saucenao] [google]
21803557

>>21803213
>fuck i need a better broker, i can't even do options in my TFSA but apparently you can in a TFSA in other banks.
You have three low fee choices in leafland:
>wealthsimpletons
Intended for smol account young people. No fee but they take a percentage cut of your portfolio annually. Also allegedly shit service in accordance with discount shitty broker standard. I have never used.
>IB
No fee or low fee, depending. Dated interface. They have some minimum balance requirements so read fine print. Good access to foreign markets.
>Questrade
This is probably overall best for active traders in leafland. They offer a few options for pricing structure. Trade commissions apply but, depending on how you trade, it might still work out better for you than IB. Nicer interface. Good customer service in my experience. This is my current broker.

>> No.21803560

>>21803465
>>21803525
You don't need to worry about it. The fee is exacted via a reduction of the pool, you aren't personally billed, the value of the stock just decreases that much. To you it basically means each day, the value of TQQQ decreases by about 0.27%

>> No.21803567
File: 55 KB, 342x484, 1543845538555.jpg [View same] [iqdb] [saucenao] [google]
21803567

they ended the 3400 party
:(

>> No.21803571
File: 308 KB, 1080x1054, Screenshot_20200823-164618_My Stocks Portfolio.jpg [View same] [iqdb] [saucenao] [google]
21803571

>>21803537
forgot pic

>> No.21803575

>>21803326
It's not if you don't get caught

>> No.21803582

>>21803411
the collective consciousness doesn't follow 4chan and is generally retarded so don't worry about it. what "most people" do in these situations is buy FOR battery day, because they're dumb money and don't understand how this game is played. that's the point.

you're basically asking "what if the masses all suddenly and collectively became smart instead of stupid"? think about that for a second. like honestly think about the average person's intelligence. especially the average retail trader's intelligence in the stock market. think about it.

>> No.21803594
File: 721 KB, 1023x1221, pout5.jpg [View same] [iqdb] [saucenao] [google]
21803594

>>21803567

>> No.21803595 [DELETED] 

>>21802926
A bunch of companies I have little to no interest buying the shares of, I'm in the clear unless they somehow announce bankruptcy across the board, that'd likely tank all my holdings as fear would likely grip the market.

>> No.21803616

>>21803547
>MSFT finally makes a Surface that makes sense for home use and it becomes trendy to have a volumetric coffee table or whatever
>someone makes a social media platform that doesn't suck
>smart furniture

>> No.21803628

>>21803525
>>21803560
Cool got it thanks

>> No.21803632
File: 41 KB, 686x716, Trading Halt.png [View same] [iqdb] [saucenao] [google]
21803632

Lumber.
Lumber futures.
Visit your local mill or Home Depot or Lowe's and ask for sheet lumber prices weekly.
Make plays accordingly.
Can't lose.

Lumber futures are only permitted to go up 29 points then a halt is put on. We've hit that limit 5 out of past 6 trading sessions.

You decide if you want to play lumber or not.

>> No.21803647

>>21803489
Awesome thanks for the leads. As much as I wish wind/solar/whatever were the leading sources I do think nuclear will just become more common as we go forward and refine it. I also agree about LL - I'm hoping to squeeze out a few more percent before selling

>>21803537
So the general consensus is that TQQQ will continue up? What about FNGU?

>> No.21803648

>>21803575
I'm not committing wire fraud so I can sell calls on some cheap stock I can actually afford 100 of

>> No.21803655

ADMA or SONN tomorrow?

>> No.21803656

>>21803616
I like it

>> No.21803666

>>21803616
I want a toilet that is made of smartphone screens. It doesn’t have a screen, it just is a screen, from top to bottom. Cool and smooth.

>> No.21803674

>>21803489
>any country serious about greening their grid will be to leverage Uranium for baseline load and SUPPLEMENT that with wind/solar/whatever
I've been believing this for years, but they're really determined to using only only wind/solar. Look at the krauts for crying out loud. If it wasn't for France, they'd be dead in the water with the shit they're attempting.

>> No.21803678

>>21803489
the lumber thing is an unfortunate pass for me. the reasoning behind it is sound from what i've heard of it, but i honestly just don't know shit about how it works so im going to let it go without me. i know tech and make plenty in it so im just going to stick to what i know instead, but hope lumberanon makes some good gains from the hurricanes.

>> No.21803691
File: 87 KB, 739x739, 1521807869069.jpg [View same] [iqdb] [saucenao] [google]
21803691

>>21803632
Is trees dying?

>> No.21803693

>>21803647
NASDAQ has been on a continuous bull run since like 2011 if you don't count March.

>> No.21803694

Five of the largest Canadian producers - West Fraser Timber (OTCPK:WFTBF +4.6%), Norbord (OSB +4.9%), Canfor (OTCPK:CFPZF +7%), Interfor (OTC:IFSPF +5%) and CanWel Building Materials (OTC:CWXZF +1%) - all set new 52-week highs in Toronto, driven by new record high prices for lumber and wood panel products due to continuing robust demand from renovation and new home markets.

September lumber on the Chicago Mercantile Exchange earlier jumped by the exchange maximum $29, or +3.85% to $783 per 1,000 board feet, after settling yesterday at a record $754.

Most mills are still 4-8 weeks behind on inventory. You put in an order, you'll be put on their backlog for 4-8 weeks at minimum. When that backlog quote becomes 2-4 weeks, then you can look to sell your lumber position. But until then, lumber is going to keep rising. But it will fall heavily when builders decide enough is enough & demand plummets.

>> No.21803706

>>21803537
>>21803571
Ahh I see thanks for the info. Any particular reasoning behind
>industrial section choices
>tech choices

Also where do I get a nice graph like this?

>> No.21803721

>>21803632
what if I just go out and start cutting down trees and selling the wood instead
massive profits baby

>> No.21803728

>>21803632
LL Good?

>> No.21803731

>>21803691
Lots of factors at hand.
But yes trees (and mills) are dying as well, actually.

>> No.21803732

>>21803632
great now the meth addicts are gonna start stealing the wood from your home as well

>> No.21803740

>>21803226
Just lie, nobody cares.

>> No.21803790

>>21803502
>If you increase the horizon to 2008 or worse, 2000 (with simulation), you get far worse drawdown.
Probably. The use of a single indicator isn't going to do it alone. 2002 to 2005 is actually the most insidious kind of market movement. I don't know what, if anything, could be used to indicate to pull out of a rut like that. Maybe Sharpe ratios?
>>21803632
>gold, silver, AMZN shares, and lumber are the future reserve currencies of the world.

>> No.21803793

>>21803721
If you treat the wood and have enough supply for 100 lumberyards across California, sure!

>>21803728
LL very good.

>>21803732
We'll fight them off with chainsaws.

>He raises stock price targets for nine forestry companies, with the biggest jumps of $8 to $85 for West Fraser and $7 to $57 for Norbord.

Yes that's right. Analysts raised price targets for forestry companies by 900%, 700%.

>> No.21803798
File: 280 KB, 1920x1080, It's not cheating if you don't get caught..jpg [View same] [iqdb] [saucenao] [google]
21803798

>>21803575

>> No.21803800

>>21803374
it was only because i already had a chequing account with scotia so i could transfer funds instantly

>> No.21803805

>>21803732
I’m long hacksaws

>> No.21803828

>>21803632
>Home Depot or Lowe's and ask for sheet lumber prices weekly.
They provide that and I just ask a rep in the lumber area? Seems odd I thought they just had a flat price all the time.

>> No.21803833
File: 179 KB, 1125x501, 21DA0290-732B-4A74-9B18-B38903765512.jpg [View same] [iqdb] [saucenao] [google]
21803833

Looks like AALanons might be in for some big green.

>>21803632
>Limit up AGAIN
>limit 5 out of past 6 trading sessions
FUCK
I really missed the boat on this one.

>> No.21803834

>>21803632
Every time I see these posts I just think of that anon that has 100k in them @ ~$4. That dude is killing it

>> No.21803853

>>21803798
It unironically isn't

>> No.21803876

>>21803706
I got CARR at a cost average of $17.90. I think global warming will be a significant macro trend in air conditioner demand. Most of Yurop isn't air conditioned, but will want to be by 2030.

FSLR is also a global warming play. I might get out of it if Trump starts to win the election, but either way I expect increasing damages from weather events will force somebody to act – insurance industries, the government, activist investors, or something else.

TSM is the best semiconductor company. They're booked full out two years. They pay a dividend, they have reasonable PE ratios.

NET does AWS without retail baggage, plus DDOS mitigation. 4chan uses it.

MSFT is MSFT.

The graph is from the app MyStocksPortfolio, but you'll have to enter trades manually.

>> No.21803884

>>21803834
That's me.

>>21803828
It's not a flat price. You'll be hard pressed to find sheet lumber (good, treated lumber, not wet cedar shit) at your local HD or Lowe's.

>>21803833
You have not missed it my friend. Mills are still desperate to get lumber inventory caught up and there are fires, tornados hitting Western & Southeastern mills. Canadian mills are doing awesome.

>> No.21803888

>>21803502
Tradingview is worthless for backtesting and your results are wrong. Try again

>> No.21803901

>>21803655
ADMA is the only plasma co. based in the U.S. that perfectly matches trump's desc, and has been already gathering samples for months.

>> No.21803910

>>21803632
explain the strat to make money off of lumber like i was 5. what does asking for the sheet lumber prices weekly do for you? how do you use this information to make money? what do you expect to happen to LL and how much do you see it going up over what timeframe? maybe i'll change my mind on buying some LL and holding for a couple of months?

>> No.21803912

>>21803172
What would you unironically recommend for long term holds? My portfolio right now consists of AMD and then just chump change in meme stock

>> No.21803914

>>21803800
I use TD’s in house broker, I hear Quest is better than the other cnd brokerages. Low fees, free For etfs. I like TDs research platform and how fast I can move cash around my accounts. But transaction fees are higher than Quest

>> No.21803934
File: 345 KB, 1125x864, D6BE9007-6AE7-40B6-8BC9-02042445D450.jpg [View same] [iqdb] [saucenao] [google]
21803934

Good old Chinese diplomacy...

Hey
I missed trumps presser.
Did he say anything except what I told you, that they now have enough evidence to start widespread use of plasma from recovered patients in at-risk patients?

>> No.21803938

>>21803884
What about Canadian lumber like Timberwest? They basically own the government in BC, they fucking log national parks without giving a shit.

>> No.21803970

>>21803912
see
>>21803571
>>21803876

>>21803934
He told us how wonderful it was, what wonderful people they have, and then accused the FDA of slowing down vaccine trials.

>> No.21804015
File: 743 KB, 850x587, BCF986F7-20C2-4A49-B008-967CEBDD5EB6.png [View same] [iqdb] [saucenao] [google]
21804015

>>21803884
Eh... I think I will have to watch the videos from that guy who lives out of his car?

LL is just such a massive massive move that is looks plenty ready for a correction. Are there any plays that haven’t pumped yet?

Maybe I should just get some LL LEAPS? And pray?

>> No.21804029

>>21803934
why do they use all caps? it sounds like they're yelling at me which just makes it all the more hilarious.

>> No.21804047

>>21803647
FNGU is pretty much the whole driver of TQQQ, but there may be a temporary pullback due to tsla bubble. If you believe in the pullback, TQQQ or SOXL are better bets, otherwise go full FNGU.

>> No.21804060

>>21803884
Rooting for you dude. If it goes even remotely close to its peak in 2012-2013, that's retirement right there. Gonna get some shares/calls tomorrow.

>> No.21804066
File: 421 KB, 1900x1580, 1596068564569.jpg [View same] [iqdb] [saucenao] [google]
21804066

We have 6 video game boards and 8 hentai boards but maybe 2 or 3 threads on /biz/ that actually talk about business and finance because it just doesn't make sense to have a crypto board to gook moot

>> No.21804071

>>21803910
https://www.lowes.com/pl/Plywood-Lumber-composites-Building-supplies/4294402501
https://www.homedepot.com/b/Lumber-Composites-Plywood-Hardwood-Plywood/N-5yc1vZc7r1
To give you an example. Watch the sheet prices & limit per order.
It gives me a rough idea of demand & supply. They've been going up and up. That's all there is to it. People are willing to pay out the ass for lumber right now and companies like LL/WY are the ones with most visibility. And with all the equity flowing in the market, the only way for traders to play lumber without dealing with futures directly is through companies like LL/WY/RYN.

I would buy 3-4 month long calls then sell weeklies on them at a pretty heavy OTM price and cash in the LEAPs as soon as futures leg down for 1 trading session.

>>21803938
Timberwest stock is defunct I'm pretty sure. WFTBF (West Fraser) is a better Canadian one.

>>21804015
Watch the Uneducated Economist for more details, that's where I originally got my ideas from. He's awesome.
Yes, LL LEAPs, sell weekly covered calls against them, and exit position once you see lumber futures do a full leg down (-29 pts) in a session.

>> No.21804090

>>21803790
I like using vwma and adding ATR multiples to get better results. It feels overfit and unclean so dunno lol. If someone has a better idea I'd love to test it.

>> No.21804091

>>21803632
Why can't I ever fucking time LL. God damn it.

>> No.21804092

>>21803938
When a commodity goes parabolic like that, you win by just not picking dumb and risky tickers. The second tricky thing is timing when to sell off all (or most) of your position. Investing in commodities is a great deal of patience because these cycles take months to years with supercycles on top of certain industries that can be a decade or longer.
This anon >>21803694 seems to have a relatively straightforward sell timer.

>> No.21804097

All in on ADMA 7.5c 9/18 for next 10 bagger. Pray for mojo.

>> No.21804106

>>21804029
First squawk?
I don’t know but it works for those blurbs, gets the facts out fast.

Minimizes editorializing (spin)

>> No.21804119

>>21803934
Realistically, any war with China would be a massive scale island hopping naval campaign like WW2 against Japan. Nuclear weapons wouldn't be used, especially if neither side occupied mainland territory of the other. Taiwan would probably last less than three months, possibly as little as three weeks. This would force the US to either back down humiliated or go full Okinawa taking it back.

>> No.21804122

>>21803833
I think LL can run some more. If I had thought about it a little more I would have been in no later than last wednesday, but I'm out too. I plan to get some calls monday.

>> No.21804131

>>21804066
>2 or 3 threads
>/ptg/ dies mid day 60% of the time

Hmmmmmmmm

>> No.21804146

>>21803833
>Looks like AALanons might be in for some big green.
We'll see how premarket responds in the morning. Here is link the reuters story:
https://www.reuters.com/article/us-health-coronavirus-airlines-epa/epa-to-ok-american-airlines-use-of-surface-coating-to-fight-covid-19-idUSKBN25J0TU

>> No.21804152

>>21803888
Those are manually computed backtesting results precisely because tradingview is useless for backtesting. My results are correct.

>> No.21804160

>>21804106
i know i know but it sounds funny when you imagine a chinese government official yelling that at you.

>> No.21804169

>>21803888
>Tradingview is worthless for backtesting
wrong

>> No.21804235

>>21804091
Not too late. I don't see it going to 60 though. 40 very likely. If you're risk averse, maybe grab a single LEAP for 1/15/21 $25c and sell weeklies against it. Not a bad idea to have a quick dip into the position without feeling like you missed out big time!

>> No.21804246

I want to trade trading futures but I know I shouldn’t.

>> No.21804281

>>21804246
It's pretty amazing to see trading get halted for things going up TOO FAST. That's like getting NASDAQ futures getting halted in an hour because it legged up 7% too fast.

>> No.21804284

>>21804169
No, he's right, they even recently fucked their drawdown calculations so they're useless. I have to manually compute the drawdown to get an actual figure. Real drawdown is calculated peak to trough, yet they do invested amount to trough now, the fucking retards.
Also, you can't backtest multi-symbol strategies.

>> No.21804317
File: 54 KB, 750x585, 1598222125523.jpg [View same] [iqdb] [saucenao] [google]
21804317

>>21802634
hahaha, great!

>> No.21804373

>>21802417
More steel.

>> No.21804398
File: 891 KB, 780x1200, 1551830680803.png [View same] [iqdb] [saucenao] [google]
21804398

>>21804119
why would we waste time trading pacific islands back and forth?
if we had a conventional war with China, it would just be gaining air superiority and then bombing their mainland until they give up

>> No.21804410

>>21804373
X?

>> No.21804435

Have my apple, Microsoft, tesla, qqq and VGRO ( maple leaf index ). Should I sell $30k worth of VGRO and buy some og TQQQ? I wanted to buy since $110 but the motherfucker didn't stop going up!

>> No.21804445
File: 77 KB, 409x387, you guys can do it.png [View same] [iqdb] [saucenao] [google]
21804445

Good night folks, early day tomorrow. You guys are all going to make it. Stay sharp!

>> No.21804457

Got my instant deposit taken away by requesting too much on RH, anyone know how I can speed up the transfer?

>> No.21804473

>>21803099
>because line go up
No ones taking profits before splits and battery day.

>> No.21804478

>>21804457
wire transfer instead of ACH?

>> No.21804504
File: 353 KB, 1459x2048, original drawn by ryouma (galley) - b75c71fe12dd94df39c1b111c256223a.jpg [View same] [iqdb] [saucenao] [google]
21804504

>>21804071
Yeah, that's the guy I was referring to. He always shoots out of his car.

>>21804235
>grab a single LEAP for 1/15/21 $25c and sell weeklies against it.
That... I don't know how to do. Complex options strategies, I haven't even into the greeks yet.

>>21803571
Why so much CAD denominated cash?
Why so much Cloudflare? And Kratos+Raytheon, when LMT has had some very buyable dips?

>>21804281
>NASDAQ futures getting halted in an hour because it legged up 7% too fast
It's 5%, Nasdaq futures are limit up if they go up 5% in the premarket session.

>> No.21804511

>>21804478
Problem is I already started the transfer. Curious if they can somehow speed it up if I complain to their CS lol

>> No.21804535

>>21804119
as long as ccp is no more I'm in

>> No.21804539

>>21804445
Thanks for believing in me when no one else would.

>> No.21804547

>>21804398
Because while China can't project power for shit just yet, actually getting into the litoral waters between the mainland and Taiwan would be costly in ships and lives. It's possible China actually manages to hold off several carrier groups with either the use or the threat of anti ship ballistic missiles. In that case, retaking Taiwan would mean breaking the PLAAAAAAAAF and the PLAN and whatever China calls their missile force. Which would mean basing out of nearby islands, possibly ones held by China either at the outset of war or shortly after. Like Guam. Guam could realistically fall. I don't think people have actually been listening to the RAND wargames. War planners right now don't think America could hold Taiwan.

So it would need to be retaken, which would be like Okinawa times a thousand.

>> No.21804590

>>21804284
>Also, you can't backtest multi-symbol strategies.
You can actually. Pull up an SOXL chart and run this pine script in the editor. Does the 200 SMA strategy but uses the data from SOXX. The added bonus with this is it also buys when SOXL goes more than 50% under the 200 SMA on its chart. The strategy from the beginning of when SOXL started trading beats buy and hold and that's not accounting for the shittiness of Tradingview backtesting. Manually running the strategy crushes SOXL

//@version=4
strategy("SOXX SOXL 200")

soxx_close = security("SOXX", "D", close)
sma_close = security("SOXX", "D", sma(close, 200))
var bought_under_50 = false

if (crossover(soxx_close, sma_close))
if (strategy.position_size <= 0)
strategy.entry("buy", strategy.long, floor(strategy.equity/close))
bought_under_50 := false
else if (bought_under_50 == true)
bought_under_50 := false
else if (soxx_close < sma_close and strategy.position_size > 0 and bought_under_50 == false)
strategy.close("buy")
bought_under_50 := false
else if (sma(close, 200) / close > 2 and strategy.position_size <= 0)
strategy.entry("buy", strategy.long, floor(strategy.equity/close))
bought_under_50 := true

plot(strategy.equity)

>> No.21804595

>>21804398
theyre building islands bristling with sams and anti ship missiles in the scs. the air force and navy would struggle to destroy them and take heavy losses doing so. it would take a ruthless and determined america willing to take massive casualties WITHOUT public outcry. The army would be doing a scorched earth tactical retreat down SK penensula. We need europe, austrailia, and canada to have a chance at victory. A rearmed japan would be nice to.

>> No.21804608

>>21804504
Based Kek ID poster, what options I do i purchase

>> No.21804607

>>21804590
To run it for QQQ/TQQQ, change the places in the script where it has SOXX and replace it with QQQ. Also have the TQQQ chart open

>> No.21804622

>>21804595
>We need europe, austrailia, and canada
lol okay

>> No.21804634
File: 137 KB, 400x366, tumblr_p95jkz1dau1vch42vo1_400.png [View same] [iqdb] [saucenao] [google]
21804634

>>21803884
>there are fires, tornados hitting Western & Southeastern mills. Canadian mills are doing awesome.
Does LL not use mills in those areas or something?

>>21804445
oh ok thanks gnight

>> No.21804645

>>21804235
What do you recommend? Buy tomorrow and just set like a 10% stop loss? I usually do 5 or 6% but it does some wild swings during the day.

>> No.21804653

>>21804504
>CAD cash
my broker doesn't actually let you hold other currencies, it's hella gay and apparently they've gotten a lot of requests and are working on it.

>NET
They beat earnings, and I thought they would pop, but they crabbed. So I'm right around my cost average, holding long.

>RTX
In hindsight I'd rather have bought LMT than RTX but what's done is done so I'm just waiting for commercial air to recover so it can finally pump a bit.

>KTOS
Listen to their investor presentation and recent Concord Genuity interview. They make cheap drones very suited to the modern way war is being fought in places like Yemen and Syria.

>> No.21804657

>>21802417
Altria

>> No.21804662

>>21804645
trailing stop*

>> No.21804666

But cop or xle for 10% returns

>> No.21804693
File: 848 KB, 1500x1000, 1598035412213.png [View same] [iqdb] [saucenao] [google]
21804693

RKT

>> No.21804700

>>21804547
this isn't WWII though, we don't need to re-take Taiwan or sail our aircraft carriers right up close to the Chinese mainland.
if China takes Taiwan by force, we would just send in our planes, shoot down their planes, and bomb the shit out of them until they give up

>>21804595
I don't think that we would need to fight through the south china sea at all
as long as Japan and SK let us park planes there or fly over their airspace, we can start hitting defenses around Beijing straightaway
no reason for any other nonsense

>> No.21804705

>>21804445
>You guys are all going to make it
Even the bears? Fuck me, I hate sleep, but I gotta get up before pre market.

>> No.21804723
File: 308 KB, 698x570, 79879844.png [View same] [iqdb] [saucenao] [google]
21804723

Anyone else have a weird jaded feel like if I told you there would be downwards circuit breakers by Friday you wouldn't believe it, but you also wouldn't be surprised at all if it actually happened?

>> No.21804726
File: 84 KB, 798x421, 1568138460401.png [View same] [iqdb] [saucenao] [google]
21804726

>>21804590
In case the indenting isn't clear

>> No.21804747

>>21804723
There won’t be circuit breakers unless corona comes screaming back in some kind of mutated form overnight or if China launches an overnight invasion of Taiwan.

>> No.21804751

>>21804590
That's the point, you're manually computing values in this case. It will not properly give you stats in the strategy test window. The problem is that strategy.entry/close/etc. do not take a symbol as entry.

>> No.21804772

>>21804723
You need black swan events for dramatic selloffs that would require circuit breakers. Or the Fed announcing raising interest rates.
The more typical experience is months long bleeds.

>> No.21804773

>>21804700
Planes out of where? Carriers can't get within ASBM range of China and Guam won't exist the day after war is declared. Japan and Korea might not want to get involved, but if they do there's going to be a lot of conventional ballistic missile strikes on airfields and bases there too. Then there's the Nork wildcard. This isn't going to be a simple war like Kosovo or Iraq or probably Iran.

>> No.21804776

The real question is should I cancel my stop loss on Tesla I have a feeling it's gonna fill pre market then boom soon as the dip is over. It's at 2010

>> No.21804778

>>21801772
Infinite time bro

>> No.21804780

>>21804747
I virtually guarantee there will be a circuit breaker at some point soonish and it will not be corona related. The basic reason being that too much retail is making too much money.

>> No.21804794

>>21804747
>>21804772
That's what I mean though, if that happened I'd just be like, "lol 2020 memes". Because anything feels possible right now.

>> No.21804809

>>21804119
thankfully everyone is in each other's pockets so deeply that war is not an option and it's just dickwaving proxy bullshit.
capitalism is the reason everyone wants to have peace, isn't it wonderful?

let's just forget about the dozen or so nuke bombs that are still missing from the cold war

>> No.21804815

>>21801415
i'm not buying the shit you're selling. nice try

>> No.21804830

>>21804776
>take off stoploss
>elon dies in self driving car accident
>TSLA to 0

>> No.21804836

I’m getting $6k in perdiem over the next 2 months, which position should I make 100 shares with it? My biggest positions are AAPL, SPY, BABA, MSFT, DIS and boomershire

>> No.21804838

>>21804653
>my broker doesn't actually let you hold other currencies
what fucking broker is that
even shitty scotia lets me open up a USD side

>> No.21804845

>>21804751
I'm not following. I thought the point was to backtest the strategy in question buying and selling the leveraged ETF based on the underlying crossing the 200 daily SMA and see if it would beat buy and hold then comparing that with buy and hold to see if you could beat it. That's what I'm interested in

>> No.21804869

I am DCAing into QQQ / SOXX / ARKK, should I just fuck it and go into TQQQ?

>> No.21804872

>>21804838
Wealthsimple Trade, it's the most basic shit you could possibly imagine, like Robinhood without options. But commission free, ish.

>> No.21804881

>>21804845
Pardon the mangled first sentence. I was trying to edit for clarity and fucked up royally

>> No.21804903

>>21804590
Is this for backtesting? Can you show us the results?

>> No.21804922

>>21804700
Their land based anti ship missiles have a longer range than our tomahawks. So the navy cant do much til subs clear out chinese subs and tomahawk key targets to allow the the surface fleets in close enough to use the big guns and bombs.
Their airforce isnt the threat, missiles are cheap and they have a shitload of them.
Stealth bombers and drones have reduced radar cross section not invisibility. Plus theyre super expensive.

>> No.21804934
File: 58 KB, 976x850, _91408619_55df76d5-2245-41c1-8031-07a4da3f313f.jpg [View same] [iqdb] [saucenao] [google]
21804934

>my boomer dad found stocktwits

uh oh

>> No.21804939
File: 201 KB, 500x625, 998724.jpg [View same] [iqdb] [saucenao] [google]
21804939

>>21804830
>bubble on hype, no news
>taking off stop loss because it may drop
>this is a good financial idea
>summer fags are still unemployed or not working
>summerfags will stay indefinitely

The absolute state of this board

>> No.21804950

>>21804934
So many fucking normalfags are trading now. It's insane. The chief jews cannot be okay with wagies making cash without real work. How will they stop it though?

>> No.21804960
File: 229 KB, 1920x1276, 1920px-XQ-58A_Valkyrie_demonstrator_first_flight.jpg [View same] [iqdb] [saucenao] [google]
21804960

>>21804922
>stealth drones
>super expensive
may I introduce you to the future of warfare, Kratos Systems?

>> No.21804966

>>21804869
don't buy tech now. buy airlines, banks, hotels, oil, family entertainment/theaters etc

>> No.21804991

>>21801772
not too much longer they are going to R/S. but if all goes according to plan they should be back to a shekle again shortly after.

>> No.21805007

>>21804830
who gets elons's TSLA & SpaceX ownership if he dies?
Grimes?
His kids?
I wonder what happens to all of that extra TSLA stock he is supposed to get if he dies

>>21804922
if they can sit back and chuck missiles at us, I don't see why we can't do the same
you can't tell me that the US military would choose to island-hop through the south china sea instead of blasting china from afar with standoff missiles
no way

>>21804960
those are intended for air superiority missions right?

>> No.21805015

>>21804922
Rail gun would hammer it all day long

Wouldn’t even be shocked if all their flooding now is some HARP level stuff, they openly admit to weather manipulation during ‘nam

>> No.21805021

>>21804966
This might be the worst advice in /smg/ right now.

>> No.21805042

>>21804845
So, the points are as follow.
You want to make a multi-instrument strategy.
You can only enter/exit strategies on the current instrument.
However, you can get statistics from arbitrary symbols.
Therefore, you can only compute returns/drawdowns/etc. by using the manually compute values on the instrument, since you can't use the strategy positions for this.
Therefore, for multi-instrument strategies, you must manually compute the values.
You can still put markers and use them as the 'background' because the backtesting mode will still tell you what your b&h performance is, but only with regard to the active symbol.

> I thought the point was to backtest the strategy in question buying and selling the leveraged ETF based on the underlying crossing the 200 daily SMA
No, that is not what the LRS strategy does. In the first leg it buys the leveraged instrument based on the underlying cross the 200-SMA.
However, when in the second sell, it sells the leveraged instrument, it also rotates into some 'hedge' instrument (in the vanilla strategy, that hedge instrument is 3-month bonds). Hence the need for multiple symbols in the strategy.
Personally I found that VXX is a better hedge, as well as the other modifications discussed. (Makes sense, if your theory is that vola goes up when you cross under 200 MA, surely you should invest into vola).

>> No.21805051

>>21804950
They will dump it. Better start rotating into value.

>> No.21805058

>who gets elons's TSLA & SpaceX ownership if he dies?
me, it just hasn't been arranged yet.

>> No.21805060

>>21805007
They are intended for Loyal Wingman missions, providing a human F-35 pilot with a semiautonomous missile bus brotomaton. It also sounds like they're being tested as a "host aircraft" for the Skyborg AI.

Somebody is having fun with names in the Airforce.

>> No.21805073
File: 2.37 MB, 521x372, pokemon-uranium.gif [View same] [iqdb] [saucenao] [google]
21805073

We got any Uranium Chads checking in or am I still too early? I tried last week but people were still sleeping on the ultra shiny boomer rock.

>> No.21805076

When you invest for long term holds you get to skip investing purely in traders emotions, but you need to continually continue to research the market to ensure your stocks aren't underperforming expectations or you arent missing better opportunities. Only degenerate day gamblers care about how emotional the market feels on a given day.

>> No.21805079

>>21803104
VIOT

>> No.21805086

>>21805069
>>21805069
>>21805069

>> No.21805085

>>21805073
Who sells glowing boomer rock?

>> No.21805103

>>21805073
what do you know? i've been slowly accumulating

>> No.21805107
File: 16 KB, 474x320, air quotes.jpg [View same] [iqdb] [saucenao] [google]
21805107

>>21805021
I would like to think that >>21804966 's argument is something along the lines of a) tech is "expensive" right now b) there is a tech bubble c) the other shit he mentioned (airlines, banks, etc) is "cheap" and is going to "come back"

air quotes

>> No.21805124
File: 58 KB, 800x533, 1593572765517.jpg [View same] [iqdb] [saucenao] [google]
21805124

>>21805073
u in $ura or individual miners?
lot of ura shit on twitter, im tempted

>> No.21805132

>>21802417
Mfa

>> No.21805133

I'm bored, name a stock and I'll yolo

>> No.21805139

>>21805103
How do you accumulate uranium? Do they sell it in bars?

>> No.21805161

>>21805133
SPLK

>> No.21805191

>>21805060
I guess "skynet" is copyrighted by arnold schwarzenegger

>> No.21805194

>>21805107
I am extremely cautious myself, but there is literally no reason for tech to go down in the near term and it will only go up in the future.

>> No.21805201

>>21805042
Oh it's you fren. I figured. I'm deviating significantly from the LRS paper and am not taking into account rotating into anything other than cash. Fundamentally I just want to see if it is possible to trade the leveraged instrument based on the underlying crossing the 200 daily SMA. If I can make that work then anything above it is gravy. I am loath to test anything with so many moving parts as the specter of overfitting starts to loom. As it stands I have something that even with the limitations of tradingview backtesting is able to perform the way I set out and that is without doing anything fancy. Now I'm forward testing. We'll see how it goes the next dip

>> No.21805214

>>21805139
it's a pain in the ass but is the shiniest of the shiney rocks

>> No.21805271
File: 1 KB, 377x27, Deep Yellow Holding.png [View same] [iqdb] [saucenao] [google]
21805271

>>21805073
Reporting for duty. I believe in the power of the peaceful atom.

>> No.21805273

Anons, what do you do to pass time on the weekends?

>> No.21805286

>>21805201
>overfitting
Yeah, that's the prime concern.
Here's the code I use that covers a bunch of more complicated contents:
https://pastebin.com/V2Cmpmqm
Set vola limits to 0 and ATR multiples to 0, then untick the 'rotate into hedge' box, then choose 'simple' for MA dropdown, and it will do what you're doing and compute drawdown and returns + b&h returns for testing.
This one does not do simulation (yet?).

>> No.21805289

>>21805273
Argue on /smg/

>> No.21805363

>>21805286
>Set vola limits to 0 and ATR multiples to 0, then untick the 'rotate into hedge' box, then choose 'simple' for MA dropdown, and it will do what you're doing and compute drawdown and returns + b&h returns for testing.
>This one does not do simulation (yet?).
Oh nice man. I'll run it and have a look. When I have any worthwhile inputs I'll post in a future /smg/

>> No.21805364

>>21805194
I mean, that's wrong. Everything is overpriced, you're paying a huge premium for perceived safety in tech right now, the thing is, it's included in the price. Once there's a real risk-on and liquidity floods everything that has been trodden on, that premium is going to turn into a haircut.

>> No.21805488
File: 3.06 MB, 200x234, terry-smiles-on-you.gif [View same] [iqdb] [saucenao] [google]
21805488

>>21805103
>>21805124
>>21805271
Blessing to you, the Glowing Champions.

>> No.21805509

>>21805139
Haven't you ever watched the simpsons? They come in the form of glowing green dildos.

>> No.21805629

>>21805364
No, it wont. Theres no reason to exit tech.

>> No.21806207

You guys think that BLNK will continue to fall after the fraud allegations?