/biz/ - Business & Finance

henlo?

>>21981906
No Stimulus = Market Crash before the Elections. They sure would rather see America burn than to let Trump win again.

Extra 1200 would have been nice. Could have squirrelled it away and bought a loaf of bread or two this December.

I'm all in on calls therefore we have a 100% chance the market dumps for ALL of next week

>tfw sitting on $10k cash right now

>>21981906
>no stimulus
Source? I thought they decide that next week?

>>21982169
>that feel when sitting on $50 cash right now

>>21982222

beats me what those faggots in congress are up to this weekend. i'm not sure if the dems are crazy enough to stand in the way of a stimulus.

ah who am i kidding. they don't give a shit.

Just applied for options trading in my rollover IRA bros. Covered calls profitable?

>>21982222
Yeah, don't expect anything soon. They will come back September 7th and propose their stupid plans and argue endlessly about it. Nothing will happen and then they blame each other while the market takes a shit.

Lmao
It’s like none of you guys even remember the GFC
This is just posturing and shit before they give out the gibs.

And just like then, it’ll be too little too late for millions of Americans. Oh no.

The market though? Would the Fed really let it crash this close to the election? Their buildings would be raided by furious trump protesters and they would be accused of rigging the elections.

>>21982360
>dems crazy enough to fucking kill California and New York residents
>but you don’t think they’d fuck everyone over money

eviction crisis in?
get out of banks?

anyone else have an eerie feeling about this week?
i pulled back to 90% cash at the ding last night but i feel like i shoulda gone to 100%
idk, there is something wrong and i can't figure it out......

>>21982516
It's free money, especially when paired with covered puts if it's a position you really like, so go for it.

Gibs will come, or else people will be swinging bricks at them while they're campaigning.

>markets open
>dopamine immediately rushes to brain
Sucks I’m not getting my hit for the next 3 days

>>21982810
just do adderall and wear diapers like everyone else here

>>21982810
Market closed on Monday?

>>21982810
I just wanna watch line go up

AHAHAHAHAHAHAHAHA
*wheeeeze*
AHAHHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHHAHAHAHAHAAHAHAHA
anyway, thoughts on $XPEV?

>>21982169
>tfw sitting on $25k cash right now with $25k AAPL

should i just buy more AAPL if it dips on monday for some insane reason?

>>21982810
>wake up in the morning
>immediately turn on my phone and load up the ToS app to check how my positions are doing in the premarket
>it's Saturday

SHOW ME YOUR PORTFOLIO ALLOCATION

>>21982587
the problem is that despite the stimulus growth is not guaranteed and in fact the measures adopted will actually hinder the organic growth of the economy over the next few years. there are already people who bring this up like:
https://www.youtube.com/watch?v=MT6Vwyt9ouU
of course the markets are not oblivious to this and I really expect that at least a moderate correction will happen by the end of the year. still, there will be huge political turmoil after the election due to the people suffering the negatice impact of the stimulus policies, but also the thing nobody talks about is the huge number of immigrants the government will be forced to take in in order to saturate the inflation. if Trump gets reelected, I'm curious how he is going to spin this to his voters. in any way immigration will probably be the most important aftereffect of all of this, politically speaking and I say this as a left-leaning individual.

>>21983176
Half divvy stocks, half AAPL

>>21983176
>83% MSFT
>17% ZM
r8

Holy shit I just had a heart attack. Apple price split but robinhood hasn’t converted shares yet. Thought I lost 60% overnight somehow.

>>21981906
What are some good undervalued stocks worth buying and holding for years?

>>21983207
biotech pennystocks

>>21983198
Fidelity did the opposite. Turned my 9 shares @ $500 to 36 shares @ $500.

>>21982810
>tfw only really invest long-term and buy some new stocks about once a month with my paycheck
>tfw still check my positions every day

What are your thoughts on GME?

>>21983176

>>21983176

>>21983226
I do this too, I always check my shit and spend 30 minutes trying to find moves for the day, then I end up doing nothing

>>21983141
Yasssss

>>21983132
Does XPEV seem more promising than NIO or LI?

>>21983282
It's Ch*nese trash regardless. What I'm looking for is 1-2 days of PnD, then forget about it.

>>21983198
How many robinhood suicides we predicting for this weekend?

>>21983295
Not sure if I agree. If Chinese cars explode like Japanese ones did a couple of decades ago, or find similar popularity to Chinese phones (Huawei), shares of some of these companies could potentially be worth a fortune in a couple of years.

>>21983218
Same thru my chase app

>>21983376
>comparing lying, thieving, Jewish spirited Ch*nese with the noble Samurai

>>21983295
Buy visa fd calls to 220 or msft fd 230

>>21983403
never heard of jap mafia have you

>>21983188
so 100% divvy stocks, then? :^)

>>21983246
wouldn't this portfolio being doing extremely shitty right now? bonds are shit, euro market is worth less than american tech alone, reits are shit because housing is fucked, etc?

ARE YOU FUCKING KIDDING ME

>>21983218
>>21983388
i still have 50 shares at 500 on ToS *shrugs* guess i'll have to wait until monday

>>21983509
Probably, I'm more 80/20 and don't have any exposure to foreign equities at the moment. I think its a good strategy though

>>21983582
i think a lot of things seemed liked good strategies before a global fucking pandemic toppled the world economy that was already a house of cards to begin with. like owning a restaurant was a good strategy.

https://www.instagram.com/p/CEYb7jogirX/

lmao real estate fags

>nasdaq site
>sort by market cap
>sorts as strings instead of numbers
DEATH to webshit """""""programmers"""""""""""""

>>21983524
I don’t get it

>>21983602
Fair point. That's how I have my Roth IRA structured and I'm going to stick with it until I find something I like more.

>>21983606
N-

is it worth ever owning any stocks besides these ever? im working on a mean reversion buy the dip type strategy now and im wondering if i should bother using it on anything but these stocks? mostly considering financials but i still don't have data yet backing up whether there's any correlation between tech going down and finance going up and vice versa. gonna be looking at some charts this weekend though.

>>21983524
I posted the same ITT and robinhood just converted my shares

AAAAAA

>>21983668
I told my dad about fagtman yesterday and he laughed

>>21983660
to be fair it's probably okay if your time horizon is on the order of decades. i guess if anything, now would be the time to put more money into the shitty markets while they're beaten down so you make more when they recover in that case, less into the overpriced-in-the-short-term US stock market.

>>21983176
r8 my boomerfolio:

US BROAD MARKET (63%)
---
40% FXAIX (S&P 500)
10% FSMDX (S&P midcap)
13% VTWV (Russell 2000 value)

US/CANADA STOCKS/ETFS (7%)
[aka gambling money]
---
3% SLV
1% RGLD
1% AUY
1% KL
1% BSM (oil/gas royalties)

FOREIGN BROAD MARKET (30%)
---
20% FSPSX (MSCI EAFE)
10% "emerging markets ex countries I don't like" (bunch of ETFs, don't ask...)

>>21983582
Good for you anon.
I was 10% bonds, 5% SCV, 35% international, 50% tsm for 8 years and grew tired of it. International has been shit for 10 years. SCV has done nothing but crab until this year where it's down -16% YTD.
I switched to large cap growth and s&p, deceased bonds and international exposure, got 5% REIT and more tech exposure.

>>21983742
how does he sleep after drinking 2 monster energy drinks?

Here's my blueprint....
50% TQQQ
20% SOXL

30% in-
Tesla
Home Depot
Zillow
RIOT
Disney
SHLL

>>21983742
You'd double your performance if you just dollar cost averaged into QQQ and sold .2-.3 delta covered calls on it.

Rate my Fuckfolio:

25% BABA
20% Ishares Global Clean Energy
50% Vanguard MSCI World
5% TSLA

>>21983668
TSM since it's practically a US company as well. AMD and NVDA are fucked if China is retarded enough to invade Taiwan (US has to go to war because of that). INTC and AAPL will also be affected from losing TSM. Also Qualcomm. Basically everyone who wants cutting edge technology because Samsung's (literally the only other competitor now) yields are so shit.

I just hope tensions continue so SMIC keep getting cucked out of EUVL equipment

Rate my boomerfolio

I checked my Vanguard account today and it says I have 13 shares of AAPL (I had 4 yesterday). How come not all of them split?

Should I put calls on TSLA and/or AAPL?

>>21983198
Same, fapping while I checked it and literally lost my boner.

>>21983987
i don't understand QQQ if you already own a lot of the major stock holdings directly. MIght as well be holding TQQQ instead to make it the risky part of your portfolio

>>21983935
> All that Chyna
Whasamatter kid, you hate America or something?

>>21983887
I feel like I've missed the boat on big tech at this point - downside is just too large if the music stops. I'd consider MSFT but that's about all. Looking at MU though on the hardware side.

Tesla worth getting on Monday?

>>21984108
>you hate America or something?
Yes. I am german

My strat currently:

50% AAPL, plan on holding until late October (sell before elections), might hop back in after the dust settles on the elections though.

50% pic related on AMD and potentially other similar FAAGTMANN stocks. any time it reaches that yellow line (2 standard deviations from the mean of the past 5 trading days which is the past week basically), i buy some. i'll buy more on the same day if it reaches 4 SD. the lines readjust as new data comes in and old data goes out, so each day it hits at least that yellow line, im buying some, not going all-in or anything but buying some. now the main thing is, i could either sell everything when it reverts to the mean and be ready to buy the dip again later, OR i could just sell half and hope it gets up to 2 SD above the mean to sell the other half, idk which is more optimal yet.

im just trying this on AMD right now but obviously it doesn't get down there every day so im thinking of having at least 2-3 other stocks (likely FAAGTMANN stocks) i can do this with on a rolling 5 day basis. the other key is figuring out position sizing because especially on an extended dip i want to be able to keep buying. maybe if it starts downtrending i'll be more aggressive with exiting completely at the mean or even -1 SD, not sure yet. so far it's been very successful at least, like i was able to buy the bottom on thursday (yellow line was around $83), and sell for $3/share profit. if it hits the bottom yellow line multiple days in a row even as it readjusts to new values, i keep buying some on those days and hold until it returns to the mean. if i at some point use up all my money, i just wait, because i only do this on companies i believe will eventually reach new ATH's by the end of the year with solid fundamentals (management, debt, revenue, sentiment, catalysts, etc).

theoretically you could do the opposite too (short at +2 SD and beyond, cover at mean) but these are specifically good companies i never short. thoughts?

>>21984108
there's still plenty of room to grow in my view, in the short-term there will be a slight pullback so consider selling some premium

>>21984108
>I feel like I've missed the boat on big tech at this point - downside is just too large if the music stops. I'd consider MSFT but that's about all. Looking at MU though on the hardware side.
why do you think you missed the boat?
they've kept growing DESPITE corona. All other shit are hemorrhaging money, have you learned nothing in the past what happens to the winners after bloodbaths like this? Consolidation.

dont tell me PE ratios lol. Even with PE ratios they're far from dot com crash valuations outside of shit like TSLA/ZM so you'll only see a correction at best. A lot less people would be hesitant on buying a dip on AAPL to $400 than on TSLA to $1300.

I have a small portfolio in my vanguard account.
It has (post split)
5 TSLA
2 AMZN
60 AAPL
5 NVDA

It's worth about 19k even Vanguard is retarded and showing it as 50k this morning.
Anyway, should I just sell everything except TSLA and put it all into TQQQ / FNGU?
Or should I just keep it.

>>21984176
You'd be amazed to know how many professional traders build their entire weekly strategies on slightly more complicated versions of this.

>>21984362
call me a pussy but i took my small profits from TQQQ and converted them to QQQ for now after the huge +6% FOMO spike. I feel like a correction is imminent but at the same time I'm too greedy to stay as cash so I just got rid of the leverage for now.
it's gonna feel awful selling QQQ at a loss to turn it into TQQQ if it does get a huge correction though.

>>21983189
That's the ass of a man

Stop creating taxable events by moving money around.

Bros, I have a bad feeling about AAPL on Monday. Everyone who wanted it has already bought....

>>21984108
Tech won't stop poomping until the fed stops inflation which according to their current chairman isn't going to happen any time soon. In fact, if America's economy doesn't catch up exponentially quickly it will never stop. So enjoy the ride

>>21984429
Well, that's basically the thought process for owning it. TSLA outperformed TQQQ and FNGU so I would keep it anyway.
The others are basically just a hedge against getting fucked over in leveraged ETFs.
So yeah I have those positions in my Vanguard but then Between my Robinhood and my M1 I have another 25k or so that is all FNGU / TQQQ / TSLA.
It's kind of nice knowing at least that money will be protected since those are literally buy and hold forever companies but I think with conditions being what they are right now I would see much a greater return with leveraged ETFs

>>21984167
>German
I'll give you a free pass, but only because you're single-handedly carrying the entire European continent's economy. Also German guys I've worked with were chill bros.

>>21984248
>They've kept growing despite corona
Priced in. And furthermore, they're priced like growth stocks despite already being monopolies in their respective businesses. At that point, I don't see high PE as an indicator of future growth, it's an indication of low expected future return due to a perceived safe-haven asset. Some analysts have even described FAANG as a proxy for bonds due to low interest rates (40 PE makes more sense when you think of it as 2.5% earnings yield - still better than US treasuries)

I would much rather buy a lesser-known midcap growth stock with 40-80 PE and less certain future, just because I feel there'd be more long-term potential.

>>21984176
What is that moving average?

>>21984501
Yeah bro no one is buying stocks anymore and the flow of cash across the world has just suddenly stopped.

>>21984453
Yes,and?

>>21982667
My Apple put has gained in price even as the stock has been going up. Something's up.

Is my non-diversity too risky and come back to bite me in the ass one day?
Left is %folio holdings, right are ROI's since mid June.
Give me honest advice and suggestions guys cause I'm getting too cocky/euphoric

>>21984556
SPXL is another option if you don't want to be too focused on those megacap tech stocks, but TQQQ has outperformed SPXL a lot. That's not to say SPXL hasn't performed great too.

>>21983176
I will drop the meme stocks at some point and just get more TQQQ or SPY

>>21983836
As someone who's been drinking monster pretty much daily my system crashes whenever I drink one because I can only assume at this point either my body needs caffeine to function or my insides are slowly dying a slow painful death

>split cash equally between fb, amzn, googl, msft, nvda (because aapl and nflx are gay)
>just wait
r8 my big brain strategy

>>21984683
>retail and cruiselines
oh man you are way too early for the party on those
retail though, i was thinking of getting some REITs right before the Christmas season but they kept getting outperformed by QQQ and I got tired of holding crabbing REITs.

>>21984734
dunno why you would pick FB over AAPL,

What in the fuck is Europe even doing nowadays?

>>21984556
I wonder if you were the fucker who said I was too late on apple in 2018

>>21984734
>AAPL over FB
>Big Brain

>>21984766
Working for 1 half hour to 2 half hour

>>21984766
Yuropeans aren’t supposed to do things like sac or invest. They’re supposed spend all their money on rent and vacations then rely on their government to take of them like the sheep they are

>>21984764
recently, they've been doing moves in e-commerce (see the BIGC pump last week)
I'm expecting more action there
Meanwhile apple has/will be doing... ???? Pumping ahead of the split I guess?

>>21984641
>SPXL
I have been warming up to the idea of leverage since 3x ETFs didn't get liquidated on the March circuit breakers. I'd still be worried about some arcane options bullshit bringing the whole thing down, so I'd probably only go 10% at most.

>>21984683
>Cruise lines
lmao what are you doing, they will take a decade to recover at least. Clothing retail is at least defensible since people will always need clothes.

>>21984808
i don't hold AAPL directly but i'm hopeful they do some amazing shit with their designed chips since I'm holding a lot of TSM. You can go ahead and hate the Apple hype mentality, but they definitely have some of the best engineers in their staff (that they poached from everyone else lol)

>>21984806
You mean one is a soulless and tasteless, inhumane society, built on asphalt culture and conspicuous consumerism. And the other is peak comfiness, community, health, and happiness.

>>21984855
Cruise lines are printing money right now. I don't plan to baghold for long.

>>21984912
You live with your mother.

WHAT THE FUCK WAS THAT

I eagerly await the crash of the us dollar

>>21984785
>2018
Nah, was still paying off student loans. Made my first investments mid last year.

>>21984426
>You'd be amazed

not really. the two most common types of trading are trend trading and mean reversion. i forget the name but im pretty sure the most successful hedge fund out there traded mean reversion. im still working out the kinks in optimizing it though, stuff like which stocks you play, whether you go long/short or both, where you take profits, whether you scale out or full out, at what point you cut your losses (for me it would have to be a fundamental issue where the company is now considered shitty all of a sudden), position sizing (what % of your account do you put in each time it gets down there where you can make good money on quick pullbacks but still have enough money to keep averaging down through longer downtrends), etc are all important. a lot of subtleties to it even though on the surface "buy some at the yellow line, sell all or at least half when it gets to the thick tan line in the middle" is really simple.

Just another crab day today?? How is everything not moving though????

>>21984977
90% of traders lose to ETF index funds.

>>21984937
I do not. I get you mean that as in insult, but in Europe, we are not as soulless as that. What is wrong with keeping close to 'ma until you start your own family? Even then, why would it be wrong to live with your old mum/dad? Better than rushing to pay Mr. Shekelsteinberg rent for a 20 m^2 ""apartment"", and then throwing out your parent(s) to some retirement home and forgetting about them.

>>21981906
How unwise is it to constantly keep like $50,000 in your bank account just to be safe?
>just buy more crypto/stocks
I do so for anything above the said $50k
>just buy gold/silver
My country makes it very hard to do so and the premiums make sure that you lose money no matter what, unless gold doubles in price or something
>just get a savings account
kek. KEK
>just buy property
Houses are a propped up bubble, land is a good investment though - the only real alternative I am thinking about.
Sorry for asking this here, you know how /biz/ is outside of /smg/.

>>21985034
Where do you live?

>>21985013
>crab day today??
What the fuck are you on about?

>>21985021
Based

>>21984557
the VWAP or Volume Weight Average Price, it says it right at the top of the chart, anon. it's an important institutional metric that you should learn about.

>>21984108
>Looking at MU though on the hardware side.

just so you're aware, MU is a covid recovery play. don't get in on them now, they're fucked as long as covid is a thing because there's a major supply-side issue with memory right now (lots of companies stocked up on it and aren't really buying more as they also cut back on budgets to survive through the covid economy). i think they'll be an excellent buy once we get a vaccine or something and things start returning to normal, similar to how i think there should be a good fast food play somewhere when people are allowed to dine in restaurants again without restrictions or fear of covid. or how airliners should be good but only when people can fly again regularly without fear of covid and the dust settles on probably M&A that happens as the sector likely consolidates to deal with all of the money they're hemorrhaging over this covid mess.

the key imho is not to try to jump the gun and get in too early. there's plenty of money to be made when you have confirmation on the recovery beginning and momentum shifting to the upside for these companies. but you have no idea when that recovery will happen, and there's a lot of room for downside if it takes longer than you expected. you want to be fashionably late to the party.

>>21985034
>>21985015

>>21985021
I'm American and my wife and I lived with our parents until we got married at 30. Ended up with 750k because we invested instead of paying rent.

>>21985034
That's fine. It's okay to have liquid cash in case something happens. I have 150k in cash/CDs right now, 650k in stocks

>>21985015
pretty sure that's hedge funds you're thinking of, and that's mostly due to them having to make a percentage on BILLIONS of dollars, whereas i'm only making a percentage off of currently around $50k. if you're talking about 90% of retail traders fail in general it's because they're fucking stupid and often just gamblers with no financial education or understanding of risk management, position sizing, FA, or TA.

so basically if you're a retail trader that isn't retarded you're fine. i think a lot of people would easily be successful if they were forced to paper trade for at least a year and then only trade with $10 risk per trade for at least another whole year to gain experience. but how many people do that? 10%? :^)

got 7 shares of TSLA am I gonna make it

>>21985174
Hopefully not. Fuck you.

>>21984808
>Meanwhile apple has/will be doing... ????

Apple Silicon and 5G at least, idk if there are other catalysts im missing.

>>21985034
only keep the bare minimum to pay the bills for 6 months on a savings account. Invest the rest.

>>21985174
>This billionaire market bull is banking on it
>Billionaire elon musk...

...the market bull is elon himself, isn't it?

>>21985171
>if you're talking about 90% of retail traders fail in general it's because they're fucking stupid and often just gamblers with no financial education or understanding of risk management, position sizing, FA, or TA.

did your youtube TA teacher say that?
If TA worked he wouldn't have to sell courses you know.

A legitimate market timing technique would be a cheat code to infinite money, and no random person would ever sell that to you. They'd sell it to investment banks.

>>21981954
So if you just buy SPY puts expiring December or January you're basically guaranteed to get rich at some point between now and then

What am I not getting? Seems like a sure bet

>>21985285
lmao you really have no clue what you're talking about, this entire post is hilarious

>>21985206
Thanks Anon
I knew I was on the right track

When are they going to let these tech stocks pop?

>>21985088
My line of thinking on MU is, DDR5 is coming soon along with solid rumored performance improvements from at least AMD CPUs, and that will probably generate some kind of cyclical increase regardless of COVID (obviously the consoomer gaming bump will be a lot better if COVID is cured before the next big CPU releases, but DDR5 should get corporate business as well). I get what you're saying re inventory but I don't think it's quite the same as airlines/cruiselines - people will still need cellphones, albeit not as frequently replacing them, if COVID continues, and people will *definitely* need PC's if COVID continues. That said, I haven't read their 10-k's carefully yet so might not be as good an opportunity as I'm thinking.

Dumb fuckers on Robinhood wont let us put stop orders on fractional shares

Will the tech bull continue next week? I am very tempted to do some retarded gambling for big gains.

>>21985485
Retards

>>21985174
Disconnected from reality. This is pure speculation/short squeeze/manipulation.

>>21985459
Ahem, never

>>21985497
TQQQ went parabolic. I would still wait for a dip to the moving average. TQQQ managed to dip to the moving average multiple times since March.

>>21985463
i guess the main thing im saying is that it's better to wait for confirmation to the upside and ride the momentum up rather than trying to catch a falling knife trying to time the bottom. at least look for their quarterly earnings to start trending up rather than down and see when memory sales start increasing again, which i feel is likely to happen around the time covid is over and things start returning to normal, whenever that is.

>>21985563
which MA on what timeframe? just curious. it's the weekend so i might look at some charts and consider taking some small gambles on it.

>>21985497
There is no Tech Bubble, it's just investors finally realizing that some businesses are pandemic-resistant and future-proof, and some of their Boomer Stocks collapse after a month of lockdown.

>>21985034
$50,000 is way too much. You can safely invest $10,000 - $20,000 into some Tech Bluechips. There is zero risk with some of these companies, gold and silver (physical) are also in my portfolio, but as you said it's different for every Country. Where are you from?

>>21985658
also the FED putting the lions share of the stimulus into FAAGTMANN stocks helps.

all in TSLA

Top tech wont go down because money printers are running hot. Change my mind.

>>21985733
Top tech won't go down because retards will keep saying "it's too overpriced!" and keep shorting it and then cover at a loss. Change my mind. TSLA especially but i know for a fact peopel do it with AAPL too.

>>21985733
Not even that, people will still buy apple and mac because they're fucking retarded and that's a good thing! Viva consumerism! Buy the apple dip and hold it for years. Also, I have 10 Microsoft but god damn, I want to get to 100 shares

>>21985658
This is the mind of a zoomer in display.

Should I invest in T.FAAGMARNNW stocks on Tuesday?

>>21985626
I was thinking of the 20 day simple moving average.

>>21985733
It will but you'll lose money trying to time the pop.
https://moxreports.com/vw-infinity-squeeze/

>>21985905
why not the EMA instead of SMA? otherwise sure i'll give it a shot if it gets back there at some point, probably buy 100 shares.

>>21985658
My Canadian Tire bet in April beat QQQ. There just isn't a leveraged Candian Tire ETF. Shut up.

How is AAPL going to do after the split?

>>21985941
damn, is it too late to get in on GME before the infinity squeeze?

can someone post the elon musk x bob page image that was used for the OP like a month ago or so?

>>21985993
normalniggers will buy it because it's cheaper. price will go up.

>>21983176

Okay, survey round 2: how much of your portfolio is in options?

>>21986043
Stop this meme.

>>21985966
To be honest, I watch it because it's the default for bollinger bands.

>>21985718
DIOS MIO

>>21986058
ok. just wait and see, big brain.

>no stimulus
Source? There’s nothing about this on google

>>21986058
just buy now and sell in a week, enjoy your free money.

>>21985967
i wish i had bought FedEx. My family works at FedEx and i was already tipped off they were doing well but i was like lol FedEx???

>>21986145
bump

>>21986224
Its gonna roll for the rest of the year, I just bought in yesterday. I know lol FedEx but don't think about it

>>21986145
its fake news from leftypol
there are no news about it

>>21986287
i hope someone bombs cnet. they make stimulus articles 2-3 times a day for the past 6 months.

>>21984805
I wish we could adopt a 4 hour / 4 day workweek with 2.5 months of vacation annually over here.

So what does the Fed's "average inflation" target actually translate to? What more can they do except start using JPOW's robinhood account to buy AAPL shares?

Is it a bad idea to buy about $500 of VOO every month? I feel like a crash is almost certain, so I’m nervous.

>>21986391
Nothing, they never reached 2% and they'll never reach over 2%.

>>21985174
Of that happens I’ll retire off my fngu

>>21986502
No, that's very smart.
Keep buying a little every month. Even if you catch the op, you'll also catch the bottom and in the long run you'll do very well.

>>21986552
VOO or VTI for a roth ira?

>>21983355
Oh man it's going to create so many bagholders for years to come .

I can see the calls for regulation now.

>>21986569
I'd say VOO, but I also have a low opinion of the rest of the world.

Stupid republicans and stupid democrats, neither can pass a bill without cramming stupid talking points inside for political points. Politics are lame as fuck. At any point they could have attached their crap to another bill, but they would rather hold aid hostage. I'm going to vote 3rd party this year, I don't care if its Kanye or anyone else.

>>21986656
Write in money printer
At least its transparent about how it wants to destroy the middle class

>>21983636
Pathetic on so many levels

/smg/, would you prefer no stimulus, $500b, $1t, or 2t?

>>21986502
I do the same thing with the 'safe' portion of my portfolio. Even if the entire stock market crashes soon, that just means I get to buy cheap shares for a few months, because it'll rebound eventually.

>>21986569
The difference is relatively small. If I remember right, they have the same TER, nearly the same dividend payout and which of the two performs better probably depends on the specific year. VTI includes small-caps which are seen as more risky but also potentially more lucrative, though over the past decade or so, small-caps haven't done that well compared to the whole stock market. The portion of small-caps is still small though, and if you check, the difference is about 1% per year.
It's very easy to imagine an environment though where large-caps don't achieve the crazy gains they recently have and small-caps fair better, in which case VTI might net you a bit more profit.
Personally, I use VOO but I don't think it matters that much.
See https://stockanalysis.com/voo-vs-vti/ for some more comparisons.

>>21986643
VTI only invests in US stocks but diversifies into mid-&small-caps too, unlike VOO which only invests in the S&P500.

>>21986518

>>21986643
Total Market Funds (such as VTI) only refer to all American markets. Total World Funds are what you are thinking of.

>100% of portfolio in QQQ
r8 my strat

>>21986778
2T. Let's burn this shit down by 'helping'.

Fidelity hasn't updated TSLA price yet, but it did update quantity, so now it's saying I have $23k more than I actually do. If only

>>21986882
you're a pussy for not having a portion as TQQQ if you are so confident about Nasdaq

>>21981906
I got $40 from the RGR special dividend. Shill me stocks.

>>21983254
Why so many different ETFs?

Do women invest less than men do?

>>21986882
>no ass
>no hips

that's a man, isn't it?

>>21987202
Yes, and?

looking in Huami HMI, what do you guys think? looks like it might raise now after a steady decline

>>21983176
Currently 95 percent crypto, 5 percent stocks. In my stocks i am going to try and maintain an even split of gdx, GDXJ, and SILJ. Want to get that ratio to 80/20

>>21985285
Doesn't the market only return 8 or so percent a year? That's nothing. The game is different for retail investors because their orders don't cause huge shifts in the market.

>>21983141
aapl is too exposed to china right now im not sure if thats such a good move as you may think
>>21985764
its not retards that think its overpriced though it just is, and its exposed to an absurd amount of risk

>>21987202
>no ass
I don't know what kind of fake giant pawg ass you expect when you see a skinny woman wearing workout leggings that compress like that. Typically even large fat asses look smaller and tight with those versus the useless "yoga leggings" that have no structure/support.

>>21987044
I'd rather have QQQ calls instead of raw TQQQ shares. Better liquidity and returns.

>>21987262
>95% crypto
>Juniors
Please get out.

They'll pass another check bill (1200/ or 2400 married). Pissing off the people who vote for you even more isn't gonna get you into office. The only question remains: What will you do with it? I bought stocks with the first 2400. I'll prob do the same with this one to

>>21987377
>I'd rather have QQQ calls instead of raw TQQQ shares. Better liquidity and returns.
oh good point
too bad my broker doesn't let me do options in my TFSA

>>21987377
I like to live dangerously lad.

>>21987411
Maybe pay down student loans more. I’m not making any payments until December since interest is frozen through the end of 2020. I started at $50,000 and I’m down to $28,000 now. Not sure if I should keep paying at this point since it’ll probably be forgiven.

>>21985285
>They'd sell it to investment banks.
They wouldn't sell it to anyone, they'd just keep making infinite money themselves. I know if I figured out a money printing cheat code TA method, I wouldn't want any globalist banker degenerates to benefit from it.

For all we know, the weapon to surpass Smelliot Gear exists but anyone who has it won't tell anyone.

>>21987343
im willing to hold AAPL long term, im not worried. worst case scenario im certain it will be worth more in a year.

>>21987546
Lol I deferred my payments and then am gonna refinance and defer them again when I get approved for a better loan since I have so much private debt. Fucking jews

I had dreams about stocks last night and porn and sex is less interesting to me since I started lurking these threads

>>21987128
It's pretty much the same funds but they're in vanguard, fidelity, TIAA 401k
Vigix vigax and fspgx are all large cap growth for example.

>>21987411
canada did a similar thing (collected $10K maple dollars) and I've put almost all of it into stocks by now, especially when I learned my OSAP is going to cover 75% of my tuition and I only have to pay like $600 out of pocket this semester.
i'll prob put my part-time wage slave money into TQQQ since I can afford to risk/lose $2K maple dollars at this point

>>21983966
TSM over NVDA and AMD?

What's the risks associated with TSM long term?

>>21986656
So you’re going to waste your vote?

>>21986224
Earnings are coming up in like 3 weeks definitely gonna grab some atm calls next week, gonna print or go broke trying

Any thought on WisdomTree Artificial Intelligence ETF?
I think I throw €20k in there next week.

>>21987931
>tfw can't afford fedex calls
Fractional options when

>>21987174
Women's brains are generally less risk-averse. That's not a bad thing though, from an evolutionary perspective it is advantageous. But also think how it hasn't been that long since women have been pushed more into the workforce. It's really only been a few generations and still isn't really what makes most women truly satisfied in life. I think more women are getting into it, but are more likely to do it on a small scale or maybe invest in more tangible things like real estate.

>>21985309
no because trump can just unload the TGA account

>>21987900
Tensions decreasing between US and China to the point that SMIC and other mainland chinese companies will be allowed to set up EUVL equipment.
Or tensions increasing so much that China and US go to war over Taiwan. Letting China invade Taiwan is not an option for the US with how vital TSM supply is to the rest of the world (also why they were willing to subsidy the 12 billion TSM foundry in Arizona to safeguard their supply a bit).
also typhoon season. This usually hits Korea harder than Taiwan though since Taiwan is a (big) island.
e.g.
>https://www.techpowerup.com/262566/minute-long-power-outage-at-samsung-plant-damages-millions-worth-dram-and-nand
>For instance, a 30-minute power outage in 2018 inflicted a $43.32 million loss to Samsung.

the other risk is that TSM will probably crab for months until earnings come out because developments in the semiconductor race is too hard for the market to understand unless a competitor fucks up so hard (Intel). TSM is positioned to capture a bigger share of the cutting edge semiconductor market in 3 years since Samsung's yields with 5nm (and obviously 3nm) are very bad. Meanwhile TSM's R&D is so stellar that they reported they have better yields on 5nm than their 7nm.

>>21983966
>AMD and NVDA are fucked if China is retarded enough to invade Taiwan (US has to go to war because of that).

let's not even discuss that, okay? it's not going to happen, stop acting like it's even a reasonable thing to plan for. i'm not basing my investment decisions off of WWIII risk because if that happens we're all dead, let's just be real here. AMD and NVDA have much stronger growth potential than TSM, TSM is just a safe choice to store your money but in general they're much more likely to crab. afaik they're just a solid company with solid revenue streams but no real hype or anything like that to send their shares skyrocketing due to innovation.

don't try to FUD people with WWIII-tier shit though please, it's retarded. it's like people trying to FUD people over coronavirus being an extinction level event or something. if it is your investments are meaningless.

>>21982582
Probably strap on the following riders to stimulus bill:
>affirmative action quotas for all businesses
>50% cappy gains tax
>replace all historic monuments with statues of the wu tang klan members
>50 billion aid to africa and israel

>>21987174
Is that a real question?

>>21988117
Thanks for the insight

>the other risk is that TSM will probably crab for months

that's fine by me, i'm going to hold TSM for a very very long time, based on your speculation what's it expected to trade at 1-2 years from now?

>you're not supposed to hold through earnings, anon
>you're supposed to buy 3 weeks ahead and sell just before earnings, anon
>you're retarded, anon

>>21988164
Oh and rescind the 1st and 2nd amendments.

>>21981954

I didn't have any money to invest during the March crash. I now have $11k in Unemployment gibs but the market is way over-priced. I'm praying for a second crash so I can buy in.

Until then I take small potshots.

Is buying airline stock a good idea right now?

>>21988151
I don't think china trying to annex taiwan is a wwiii level event.

>>21987593
> Smelliot Gear
Who

>>21988290
Stay the fuck away from airlines

>>21987966
I'll probably only be able to afford 1 or 2 contracts but If i lose I'm gonna be fucked bigly

>>21988290
>s buying airline stock a good idea right now?
I entered a swing on planes last Wednesday. So far so good. Volatile trade rules apply so protect yourself if you decide to play this game.

>>21988355
Is jokes about elliot waves.

>>21987174
Most people don't invest beyond their retirement plans, and they have somebody do it for them. Generationally speaking, the "father breadwinner" formula of familial structure holds a good portion of all wealth (boomers), which isolates a lot of the female population. A lot of people in metropolitans probably fall below meaningful returns due to a small collection of wealth, and a lot of women work lower paying jobs with support from their partner.

So you've got a small collective of women that have enough wealth and the control over that wealth. And then you excise the portion of females that have the time and will apply the effort to learn investing and act in the market.

It's very slim pickings. I'd say most probably land directly in finance since that eliminates part of the learning curve. Those that land outside of that are probably from wealthy families that taught them to invest, and more or less follow the time honored boomer practices.

I Apparently just turned about 2300 dollars in to 8700. Just wanted to say tell someone as I don't have any friends irl.

>>21988151
look, I don't think China will invade Taiwan either. I think everyone is too deep into each other's pockets to start WWIII, but no one can be 100% certain that China won't do something retarded around Taiwan anyways considering how the fuck covid was handled.

for the record, I'm just a poor student playing with tuition money and corona NEETbux and I've consolidated my portfolio recently to be 60% TSM and 40% QQQ right now. Averaged up so much on TSM around $80 that it's now at a $72 cost basis from $56.

>>21988219
it holds around ~50% of the bleeding edge market right now last time I checked. If Samsung falls behind or fucks up as I hope it to be, $150 is an easy target by 2023 if not sooner. I don't know if that will outperform Nasdaq which is why the rest of my maple dollars go into QQC (basically QQQ in maple dollars).
I'm hoping to drop in another $2K-$3K into either QQC or TQQQ after my summer job pays me.

>>21988223
Have you heard of IV crush, retard?

Current 2x tesla, 2x aapl and 300x rkt. Everytime i make gains i give em back where should i go next to buy calls for sept18th?

>>21988223
48% chance of miss, by your own data. Mind you there have been plenty of positive earnings reports that beat expectations and proceeded to dump.

>>21988499
shoo shoo, gambling retard

>>21983176
going for bust

>>21988450
Has there ever been a notable successful woman trader? I'm curious now. Specific to trading mind you. Tangentially related to wall street doesn't count.

We posting folios today? I have way too many positions and I'd be a lot better off if I just trying down to five or so, but I like buying stocks too much :(

>>21987546
I also struggled with whether or not I should keep paying mine and I decided to do so. There's no interest so these payments are 100% principle, allowing me to get ahead of the curve. But I am just burning money if they decide to forgive student loans.

>>21988532
The gains/losses are not equal. And the gains in some cases are quite significant. Shoving this in a spreadsheet right now

>>21988483
Baller. What did you trade

>>21983176
t. Boomerino

>>21988293
>a war between the US and China wouldn't escalate to WWIII

you're talking about an essential resource that the US can't afford to give up and China, if they were to actually follow through with something like that, couldn't back down from or else they'd lose face. you're talking about war between the two biggest superpowers in the world right now. you're literally just wrong idk what else to say.

>>21988483
nice work anon!

>>21988483
Baller. What did you trade?

>>21988542
The sweet spot is 20-40, 5 violates the 5% rule and leaves you pretty open to being fucked. Over 40 and the dimishing returns on risk mitigation start making it pointless. They hit near 0 at 60.

>>21988561
>Shoving this in a spreadsheet right now

i'd actually be interested in seeing this, especially if you could do it for more than just one week's worth of earnings. is the idea to literally just buy and equal amount of every company before earnings and sell on the close of the day of earnings or what?

>>21988533
Shoo shoo, poorfag

>>21988290
>Is buying airline stock a good idea right now?

There's one of you asking that same question online every day for the past half year.

how do we invest/short the cmbx 9?

>>21988664
Maybe it's the same guy

>>21988290
Just because it's down, doesn't mean it'll go back up quickly. Stop making plays based on the prices of stocks, start making plays based on the company itself.

>>21988664
and the simple answer is "not until covid is over and people are flying again like normal. also probably after some restructuring and M&A takes place to settle all of the debt piling up to see who the winners and losers ultimately are." which should just be common sense in all honesty.

>>21988631
Huh, that seems like a lot but now that I think about it ETFs always seem to have about thirty holdings.

>>21981906
would it ever be worth to get a low apr loan to invest

>>21988637
My idea is to start on Friday the week before with $1000 cash, split it equally (I'll weight later somehow by past earnings performance, e.g. how many times exceeded/underperformed expectations; and past stock performance through earnings, e.g. no. of gains post-earnings) for the Monday premarket earnings stocks (at max price within the 60 min before market close), then sell at the minimum price, within 60min of market open (for a conservative estimate).
Split the resulting cash equally (or again, weighted) at EOD for the afterhours Monday/premarket Tuesday. Repeat.

>>21988741
>>21988664
>>21988418
>>21988290
Anyone trying to time recovery plays should be balls deep in HIBL. It seems to be heavy on the Bank of America but it also has several airlines moving it around. Had a 5%+ rise yesterday after being relatively flat for a couple months and has a long way to go before previous highs. Also has stupid low volume so if there's a positive headline about anything it jumps a few percent

>>21983176
1/3
(Ignore the value, it’s incorrect due to split)

>>21988755
yes in something like pty .13 a month per stock monthly

>>21988848
>>21983176

2/3

>>21988483
good job dude

>>21988845
no one should be making recovery plays until there is a recovery in the first place. the first sign of that will be a vaccine being successfully created and administered. until then tech is king.

>>21983176
Rotated out of tech.

>>21983176
>>21988871

3/3

Actual / target

>>21988845
>Also has stupid low volume
Nope. No good. I'll trade small float but not thin volume.

>>21988894
Oh for sure, I'm not touching HIBL until I see more than a single day's worth of "good news" but I just recommend it for a recovery play instead of trying to bank on particular airlines or banks or casinos or oil companies since they're all rolled into that one ticker

>>21988894
>o one should be making recovery plays until there is a recovery in the first place
If you wait until revenue recovers you will fond that recovery has already been priced in and then some.

>>21988953
Why, in the case of a 3x ETF like HIBL? Low volume on a leveraged stock that you anticipate to follow good news seems like a good swing play instead of fucking around with BAC that has volume in the tens of millions

>>21988894
>the first sign of that will be a vaccine being successfully created and administered
Virus doesn't matter anymore except that it doesn't possibly make things worse. If anything, it gives a cover to print more money. The Fed and Congressional response has now done far greater damage than defaulting on some that debt ever could. Stock market prices don't fuel growth, bonds do. And the entire bond market is in flames with price fixing for junk bonds, high grade trading at absurd premiums, and the middle being a no man's land.
The only way companies are going to be raising money is by issuing shares. Don't baghold companies with cashflow problems. They will be kept alive but I seriously think its nothing but dilution from this point forward.

>>21988841
post your findings back here when you do, im interested in seeing that spreadsheet, the more earnings results the better. include the metrics you use to decide which ones you actually invest in like you said with past earnings performance, probably make a column for average earnings performance (probably add them all up for the past 3 years or something and divide by the total number), and average performance through earnings (add up the % increase or decrease for each earning for the past 3 years or so and divide by the total number). only buy the ones that are positive, especially the ones that are bigly positive on both metrics.

im mostly just lazy on this and always wanted to spend time analyzing earnings and how to profit off of them because they happen so regularly that some people specialize in playing them.

>>21988848
>>21988871
>>21988893
Get one broker fren

>>21983176
took profits on TQQQ to average up on TSM, and put the rest of my cash into QQQ on Friday. Now I can just forget about my portfolio stress-free for a couple years since I'm still a student.

TQQQ is still temping as fuck to get back into though. Not all in, but maybe another 20%.

>>21983176
whee

>>21989014
>Don't baghold companies with cashflow problems.

this is why FAAGTMANN stocks are nice, pretty sure all of them are flush with cash atm.

>>21988845
you cant time airlines cause stock recovery will be slow. There will typically be faster growing stocks to find at any point

>>21989064
holy shit anon, ok fuck I'm putting money into TQQQ after the AAPL hype dies down.

>>21989030
Vanguard was my first. Then I wanted to break out of doing index funds and start doing my own thing with a dividend portfolio. Then I realized it’s dumb so I made a Robin Hood.
I’m eventually going to just move everything into RH but I don’t really want to create any taxable events.
I also wanted to leave my M1 running so I could test DCA vs trying to buy dips. I think DCA is better btw.

>>21989131
i've been wanting to sell some of my apple and distribute it to the ETFs but i'm autistic about have mulitples of 100. I'm waiting for the split hype to settle down before settling covered calls because I don't want to be assigned

Can somebody explain to me why forex is such a meme

>>21981954
As opposed to chaining economic stimuli, aka corporate welfare, which is essentially this generation stealing from the next, which GUARANTEES revolution 20 years from now.
Crashes are least destructive the sooner you let them happen, while they are smaller. Even austrian loonies know that.

I am 100% invested in Citigroup.

I have 1200 shares
80 $48 October calls I bought
10 $55.5 September calls I sold, soon to be 12.

>>21983176
1k TQQQ
1k FNGU
1k ARKW
1k ARKG
a few hundred TSM
and around 20k in VOO.

Still feeling a little unsure about banking it all on Tech which is why I keep most of my money in a more broadly diversified ETF (for now).

Thinking about adding SOXL to complete the currently hyped leveraged ETF trinity.

Should I buy the dip in AAPL if I'm gonna hold long term? It'll go back up right?

>>21988223
I buy after earnings, only if with a bullish pattern and a heavy boost in volume and price. I bought Synopsys after earnings exiting a base.

>>21989219
>but i'm autistic about have mulitples of 100.
i used to think like that (in multiples of 5/10) but my capital is too small to do that consistently without having too much cash leftover.
Having everything incoherent is also consistently itself, that's how I cope with my """OCD""" and i actually legit like it especially if i think about it in terms of minmaxing

>>21989301
>>21989301
You missed RKT in that image

>>21989322
>the dip
What dip?

>>21983176
equal parts apple, tesla, amd, nvidia, tsm, footlocker
or at least they were equal a month ago when i did the big reshuffling

>>21989355
Earnings Whispers doesn't always put everything in the weekly. They tweet daily ones with more on there.

>>21989356
the one that might happen this week

>>21989270
one word: leverage.

also two more words: big banks:
https://www.youtube.com/watch?v=Lvq0t0eQOG4
https://www.youtube.com/watch?v=OzEZ0i2ma8A

>>21983176
going to average into this position for the next decade then dump it for spy

>>21989418
Are people that are trading in forex at 500:1 leverage destined to get wiped out then?

Why is Biogen (BIIB) the best biotech to buy?

>>21988881
>>21988575
Thanks guys!
>>21988591
I had a bunch of oil I retardedly held onto for way too long (lost cost fallacy) just got rid of all of it and and picked up a tsla the other day.

>>21989454
I have a theory that the exchanges themselves dump currency just to liquidate the idiots trading at 500x leverage

>>21989485
Don’t fall for biomemes

>>21983606
I feel kind of bad for the guy but hope he learned his lesson. He basically said in the video he wasn’t vetting his tenants properly.

>I gave you a place to live when nobody else would
Maybe there’s a reason nobody would rent to these guys...
>I told y’all I don’t care if you sell drugs
What kind of tenant did you think that would attract?
>I don’t have insurance on this it will all come out of my pocket
And that’s why you make your tenants get insurance and a big deposit. Guy doesn’t deserve this but also is acting pretty amateur for a landlord. Especially for a dude whose Instagram tag is “Chicago Ghetto” come on man...

>>21989529
But muh alzheimer's.

>>21989007
Big spread. Hard to exit position at a good price. An etf is not quite as bad as an individual company with light volume but it's still suboptimal.

>>21989454
>500:1 leverage
that means that 0.2% of price change can liquidate your entire account

smart anons use only 1:20 leverage (so keep the margin of 2000% at any time). That's the basics of having a comfy and growing Forex account.

>>21989454
basically. it's sorta like WSB but on an extreme level. there's also no "volume" data like there is with stock, best you can get are tick charts showing number of trades.

it's why i don't trade forex. forex is rife with manipulation from the big banks, there is no supply and demand (there's demand, but the supply is effectively unlimited). there's no intrinsic value in fiat currency. while deal with all of that when there are so many more advantages to trading stocks of real companies with intrinsic value, supply and demand driving price action, and various predictable psychological variables like hype that i can take advantage of to make profits off of dumb money? like one of my favorite day trading strategies is thinking of where i would put my stop loss if i went long or went short and entering my trade through a stop limit order a couple of cents past the obvious pivot or support level, or watching an extended move knock out an obvious stop loss area and waiting for it to "fakeout breakout". these only work because so many people put their stop losses behind obvious market structures and MM's take advantage of that. even options im starting to learn more about since that shit happened with AAPL yesterday at the end of the day where they forced all of the 500 strike options to expire worthless on huge volume. idk if there's some method to the madness that i could trade profitably around it, but i'll be learning more about max pain this week and taking it much more seriously on fridays for weeklies.

I already spent my stimulus so I will still be needing mine

Jesus Christ poor lads

>>21989712
Can you explain more about the apple thing that was going on yesterday

>>21988164
Seems like it should be a crime for most industries to have the ability to claim their employees can't legally conceal carry without getting fired...yet again I'm not surprised.

>>21989854
what is this?

>>21990030
just look at the chart, the volume for the last 20 minutes of the day, and the final closing price.

>>21990209
I don't know what these squiggly lines mean. So market movers were intentionally keeping apple below 500 so contracts would expire worthless. How did they profit off this?

>>21990209
here's what it looked like on the 1m (i removed the first bar of the aftermarket so the difference in volume is much clearer compared to the rest of the trading day)

>>21990286
the sell calls at the 500 strike price and force them to expire worthless at the end of the week.

>>21989454
I traded forex with 500x leverage for a few months and it's not worth it at all since there's better things to trade, like futures. Not to mention that all that matters is price action so you literally have to pin-point a perfect entry to actually get a good position since your risk tolerance is so low and that is fucking hard. A majority of these type of traders gets "wiped out" because they enter too many positions in a short period of time without spending enough time looking for a good trade, nobody gets wiped out in a single trade because everyone using such a massive leverage has like a 0.05% stop loss

>no one posting because bump limit
>everyone too lazy to bake new thread
lol

>>21990846
>weekend posting
no trades, no posts

>>21990816
I know some dudes that are trading forex at 1:500 making tonne of money they claim and they are new to the game, it all just seems to good to be true to me. I will stick to my long term stock holds ive done well out of it so far