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/biz/ - Business & Finance


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>> No.22104473
File: 58 KB, 976x850, 6A317589-35BE-4F9C-9B21-95D6025C87A9.jpg [View same] [iqdb] [saucenao] [google]
22104473

Surely Tesla will open red tomorrow

>> No.22104499

Should i go long on ZM because school starts soon?

>> No.22104501
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22104501

I'm considering cashing out my profits on WKHS, FNGU and TQQQ tomorrow but I don't really know what to do with my money if I do. Obviously tech seems to be on a mid-to-long term bull run but it feels sketchy to me at these levels. Anyone else cashing out?

>> No.22104504

VIDEO CHAT SOFTWARE(ZOOM), IS WORTH 130 BILLION.
BILLION
P/E RATIO OF 1738

>> No.22104510

>>22104439
How high can Apple go before China bans the iPhone in mainland?

>> No.22104514
File: 307 KB, 1280x720, 1598826743440.png [View same] [iqdb] [saucenao] [google]
22104514

>> No.22104520

Anyone else bummed they waited til now to get in the game? All I had was a shitty 401k and Roth making ~7% a year.

I'm turning 30 soon, hope I can still make it.

>> No.22104527

>>22104501
Yes I’m heavy cash

I’d rather miss 10% upside to dodge 50% down

>> No.22104533

>>22104520
i'm bummed i made shitty plays back in july and june when i started

>> No.22104537

>>22104499
soon? College already started most places

>> No.22104550
File: 443 KB, 2557x1216, LongLongs.png [View same] [iqdb] [saucenao] [google]
22104550

You don't have shorts (4x short), puts (4+x short), or TSLA shares (2x short) do you?
Filthy disgusting shorty shorts. Hope you bought rope to hedge.

>> No.22104557

i just need wkhs to reach a measly $40 so i can comfortably retire. is that too much too ask?
speculative garbage like nkla and shll reaches ridiculous fucking $70, while wkhs has real trucks and can't break $20.. for fuck sake...

>> No.22104572

>>22104514
Cute ladie

>> No.22104573

>>22104537
school as in high schools and middle schools since many are doing hybrid or closed

>> No.22104575

>>22104501
WKHS is long term gudstock but who the fuck knows what it'll do when the USPS contract is announced

>> No.22104585

>>22104527
Should I just cash out and look for short term plays to make ~5% on at a time? Stuff like this gamestop squeeze, or lumber liquidators, or swinging TQQQ and FNGU for a few days at a time

>> No.22104590

>>22104498
why massive institutional selloff? what sparked it? also i guess i should buy some gold then? lol

>> No.22104603

>>22104499
It's video conference software??????
You really think 130 BILLION is reasonable??

>> No.22104621

>>22104573
most of those started too

>> No.22104625

>>22104473

Surely Intel will open green tomorrow.

>> No.22104629

>>22104557
People are stupid and greedy. They'll be more hyped about an unrested possibility than something you can concretely verify.

>> No.22104631

>>22104603
I think it has growwth because people are going to learn they can make people work at home so they might use it more th save money
>>22104621
not in my state

>> No.22104635
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22104635

>>22104520
I bought crypto in march, wish i bought stocks instead. I just turned 21 tho so I got time.

>> No.22104643

>>22104473
seems like a perfect opportunity for the eternal tsla bear in all honesty. it's already down around 5% today, take it down another 5-6% and you'll probably stop out all of the zoomers which will cause panic selling to drop it even more. whether they're capable of that or not, who knows. something to think about though after it's gone up so much recently.

>> No.22104647

>>22104520
same, but knowing myself I would probably be like >>22104533 and would have done some stupid shit like buy stocks in cruise-line companies or oil.
Maybe it's not completely too late and you can still ride the tech euphoria for at least a little while.

>> No.22104650
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22104650

>missed out on all the gains since march
>next crash always feels like its around the corner
>charts are violently spiking upwards
>market grew by 50% during the "covid economic crisis"

im too cautious to make money... its lonely at the bottom bros

>> No.22104682

My shitty potstocks are going to drag on my portfolio until I bite the bullet in November, aren't they? All that pre-February growth, gone.

>> No.22104683

Reminder that TSLA shared are disillusioned - they are selling a ton of stocks out thin air which is crashing the price.

>> No.22104684

>>22104603
Compare ZMs market cap to Google or Microsoft. They both offer better videoconference software, and it's only a tiny fraction of their business.

>> No.22104689

>>22104647
>done some stupid shit like buy stocks in cruise line companes or oil
thats the exact same thing i did

>> No.22104707

>was going to buy SHLL today
>changed my mind in favour of NVDA and AMD
Why

>> No.22104710

>>22104585
I’ve just been swing trading whatever is profitable on the hourly and staying comfy. Already made good gains, I want to keep them not show off on Reddit with them

>> No.22104717

>>22104683
>this post
ok, now we have actually finally reached the top. this is IT

>> No.22104724

missed out on peloton

>> No.22104731

>>22104684
Exactly. Any of the tech giants can build a better zoom overnight.
>>22104631
Companies will not want to use zoom for remote work.
There's better options like Microsoft teams.

>> No.22104733
File: 184 KB, 2093x987, Tesla-Prophecy.png [View same] [iqdb] [saucenao] [google]
22104733

I tried to warn you

>> No.22104751

>>22104650
take this time to learn day trading. watch all of livetraders youtube videos and take notes like it was a college course. start out by practicing in paper trading/simulator.

the only way to avoid the great boggening is to not take on overnight risk in this environment.

>> No.22104752

>>22104520
>>22104533
>>22104635
>>22104647

History will repeat itself, there will be more crashes to come. until then, this run will go crazy once the vaccines start appearing. Dont miss that

>> No.22104753

>>22104689
Well, you miss 100% of the shots you don't take. At least you saw an opportunity and tried to make something out of it, even if it didn't pan out.

>> No.22104762
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22104762

Reminder that Musk sold his Tesla stocks because he knows its an unsustainable bubble driven by bullshit and retard strength

Yet retards are still buying ATH

>> No.22104764

>>22104710
I would day trade but I don't have 25k to open a margin account, and hearing stories of people getting suspended on Robinhood for day trading has me worried. Alas, the easiest way to get myself to that level is probably holding/buying more FNGU and TQQQ but it just feels iffy

>> No.22104771

First for horsie, NIO and TSLA

Fuck tech, EV master race

>> No.22104773

>>22104590
Ray Dalio, who is a full on trader not boomer vester like buffet just put 25% of his 7billion portfolio into gold. Same weight as his spy position....I’m not saying to blindly follow people but that is a monumental shift of loads of money

>> No.22104778

I did everything right.

I pulled out of the markets in February. Went all in full fearless bull with leverage in April.

But I went all in on REITs and energy stocks "because they were the most battered and had the most room for upside" like a retard.

I'm sitting on a measly +20% while watching every retard who bought into haha line go up at ATHs even outperform me by multitudes. And I am fucking seething.

I pray for a rug pull, but I know there's a good chance I won't be afforded that vindication. And while 20% in 5 months would be good in almost any other time period in history, if we really are entering a hyperinflationary period I got bogged set myself back and probably lost real purchasing power in the long term.

Fuck you all.

>> No.22104782

>>22104650
I'm like you; I'm not active enough to prevent losses, I'm afraid of messing up with stop losses, but yet I'm certain the crash is always around the corner.
My strategy is to put in only money I won't need for 10 years. That way if we have a 40% drop, it's no big deal because I can wait the 5 years it takes to come back.

>> No.22104785

>>22104520
Yup. 29 years old. 40k in retirement 15k in the market. I see people here talking about how they up 100k+ and its very discouraging to be behind but better late than never

>> No.22104794

>>22104752
oh yea i can't wait until vaccine comes into play i wonder how phase is going right now actually

>> No.22104803

I want a crash tomorrow!

>> No.22104811

>>22104527
>Implying those are the only two outcomes
>>22104733
>69
nice

>> No.22104828

>>22104684
Then why is everyone using Zoom?

>> No.22104837

>>22104733
The problem with this graph is that #8 could be right there, or the price could double before we crash. Short at your own risk.

>> No.22104841

>>22104635
Cope

>> No.22104864

VIX up.
DIX down.
SPY and QQQ overbought RSI and hugging upper Bollinger bands.
Newbies talking about taking out loans to invest in stocks because they haven't seen a single red day since they started weeks ago.

Hell is coming.

>> No.22104863

>>22104828
At my bank we use teams

>> No.22104872

>>22104764
So a small part of your portfolio at a time or swing on the 4hr chart or day chart. I’m happy with my retard level gains, 75k is no joke to piss away for me anyway.

>> No.22104874

>>22104778
I made 20% in like the last week bro

>> No.22104881

>>22104828
it's too hard for boomers to set up a teams server
with zoom you just go to the website, click around like a retard, and get video meeting

>> No.22104891
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22104891

>>22104557
>SHLL
>speculative

This is why you are poor

>> No.22104906

Many attempts thread but no winrars: Wife just opened her IRA with 6k and said to buy whatever I want. My ira is very conservative, so want to do something more aggressive with hers. Dubbs tells me what to buy

>> No.22104911
File: 308 KB, 1125x2436, 8BF97798-8284-4679-B2CE-5F209B71ED45.png [View same] [iqdb] [saucenao] [google]
22104911

I’m scared guys. I feel like a dumb wagie like me shouldn’t be allowed to make my entire base salary in a month. Why are (((((they)))) allowing this

>> No.22104924

>>22104811
Define pry not if it breaks the 10 year trend line and confirms it as support I’ll start going long again no reason not to. Just the similarity to the 1987 chart and the identical spread off the 200sma freaked me out

>> No.22104938

>>22104828
Only one of my college classes over spring, summer, and this semester has used Zoom

>> No.22104942

>he doesn't have emergency SQQQ leaps
I feel like there's no insane downside here. Just set aside some money in the unlikely event that the market crashes just so you'll have something printing. At most you just lose whatever your initial investment was

>> No.22104945

>>22104778
If we enter a hyperinflation period, count yourself lucky. You could be smart and poor.
Imagine being smart enough to see these trends, but not having enough capital to make money off it. And then entering a hyperinflationary period.
I as well only made humble gains, but I remember to stay humble. I'm lucky to have a 6 figure net worth; if I'm not able to grow it super fast, at least I know I'm not going to starve to death in 2021.

>> No.22104962

>>22104911
wow, what positions? Are you doing options?

>> No.22104963

>>22104911
Because (((they))) are too

>> No.22104965

>>22104872
>swing on the 4hr chart or day chart
Is that not still day trading? I really don't want to get flagged on RH, my gains have been comfy so far

Also, buying the close and selling the open, with the same security, is still day trading, correct?

>> No.22104978

>>22104682
Quit being a faggot and buy real stocks.
>muh weed stocks
No

>> No.22104981

>>22104911
Post trades

>> No.22104986
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22104986

>waiting on line at UPS store to drop packages off
>"Yo bro, I made so much off apple today."
>"damnnn bro, I need to get into stocks"
>"yo but stocks ain't as crazy as cryptos. to my nigga Bitcoin made me SO much bank my dude"
>"damn....but yo stocks are long term."
>"yeah you make a lot short term, but they are long term and risky"
>"word"

Hmm.....b-bullish????

Guys, it's just hitting me that we are all making money...all my coworkers are getting into stocks now, people casually discuss in the streets, old buddies who knew I had my feet in the market are texting me for tips....

We really are at the top, aren't we? Someone hold me.

>> No.22104987

>>22104911
They want you to think that

Stay strong anon fuck (((them))) at their own game. Don’t piss it away, you have some actual money now convert it into lomg term assets now or at least some of it!

>> No.22104989

>>22104881
boomers make up a huge percentage of the population, and many of them have children etc or are teachers... Zoom is here to stay until someone comes out with something better

>> No.22105000

>>22104911
wow very nice!

>> No.22105015

>>22104911
>Why
Move the decimal place to the left. Twice.

>> No.22105016

>>22104906
Renewables ETFs

>> No.22105050
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22105050

>>22104504
>only 1738
Yuo are like little babby

>> No.22105063

>>22104965
No usually to swing on the daily I buy when a stock breaks above the 9sma, wait until it goes below the 9sma to close out

For example tqqq I haven’t closed out of for weeks as it’s still mooning

>> No.22105084

>>22104891
have they produced literally one unit of anything?

>> No.22105093

>>22104906
80% ktov 20% tqqq
You'll still outperform the index

>> No.22105102

>>22104828
not that guy but I thought that schools just defaulted to it for some reason. who is using zoom outside of that?

>> No.22105103

>>22104778
>But I went all in on REITs and energy stocks "because they were the most battered and had the most room for upside" like a retard.
LOL
i'm still bullish on REITs but it's way too early to jump in. They won't dip but they'll keep crabbing.
Once QQQ and tech in general shows signs of popping -20% or something, i'm shuffling my money into my fav REITs. Not airliners though, they're fucked because of cashburn, but some REITs have had ~85%+ rent collection through covid thanks to government bux.

also what the fuck did you even do? you would have been a motherfucking millionare by now if you had bought something like OVV (natural gas) back in April.

>> No.22105106
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22105106

>>22104962
>>22104981
yep mostly AAPL calls. Rode these up until 22k profit, then cashed out. Then bought 50 AAPL leaps yesterday good through March 2021, already up 4K. I am holding those a while though.

Other gains consist of RKT, swing trading TSLA calls, and QQQ Calls.
>>22104987
Yep, I’m rolling everything right back into either safe stocks/funds like SOXX or QQQ.

>> No.22105109
File: 100 KB, 1440x960, milton_friedman_1_big-1440x960.jpg [View same] [iqdb] [saucenao] [google]
22105109

Floating currencies are beautiful

>> No.22105110
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22105110

>>22104911
Yeah I feel the same way sometimes but then again I'm playing SPY and QQQ only so I don't feel guilty at all. The economy is actually recovering. Your gains are just massively hoisted by the increased volatility, decreased dollar power, the fed's balance sheet, and the dropping of money velocity due to an influx of dollar straight into equities for many.

Just remember to take profits. Pic related: My usual 5% OTM position coming to fruition early due to the massive tech run the past two weeks. I'm selling these when they're $5 ITM then rolling into December positions.

>> No.22105122

>>22104989
microsoft should really just make teams easier to set up, it's a huge pain in the ass with office 365 and azure active directory bullshit. the client is undeniably better than zoom but jesus christ it's a convoluted mess of bullshit to get something that should be dead simple for the ender user working.

>> No.22105150

>>22104785
You could be in college and broke like me with no job and only $300 in the market

>> No.22105152
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22105152

>>22104778
I went in after the march dip with energy, airlines and cruise lines and up 120%. Not a single tech stock.

What exactly did you put your money into? Did you do options and fucked it up or what?

>> No.22105165

>>22105109
Do you trade forex?

>> No.22105170
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22105170

>>22104864
Hell is coming and I will buy it

>> No.22105181

>>22104828
What's giving you the impression that everyone's using zoom? Do you have any data on utilization of different software, or is it just that your company used zoom and it's the newest so it's the one most people talk about?

>> No.22105201

WKHS will be 21 dollars by the end of pre market. check em

>> No.22105215

>>22104986
yeah, we are. get out with your profits while you still can. stick to day trading where stop losses actually function properly.

>> No.22105243

>>22105165
Nah, its too marginal

>> No.22105255

>>22105181
People just talk about it because it’s used by normies chatting with friends and family. Any respectable company is gonna use Teams, RingCentral, Cisco, etc.

>> No.22105258

>>22105150
literally me

>> No.22105260
File: 7 KB, 261x193, FE5682B2-FFB1-4B6F-BEBF-6C8627579635.jpg [View same] [iqdb] [saucenao] [google]
22105260

I was going to put a stop loss on TSLA if it ever dropped to 470. But then, it got me thinking. Elon Musk is a player. He can convince incredibly smart Harvard kids to work for less than they’d make anywhere else. He can secure federal funds and deliver under budget and ahead of schedule. Posting zoomer memes, splitting 5-1 and deluding... this is planning of an architect.

Maybe I’m retarded. idfk

>> No.22105273

>>22105122
no one is gonna use that shit lmao

people on 4chan think the general population is tech literate when most people can barely type

>> No.22105286

is there an ETF for specifically New York City local real estate market?

>> No.22105311

>>22105260
Musk was playing 5D chess all along?

>> No.22105318

If this post ends in a 5 the last great transfer of wealth FROM zoomers TO boomers will be TSLA.
CHECK 'EM

>> No.22105319

>>22105286
You want the inverse of that people are fleeing that dumpster fire

>> No.22105349
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22105349

So, what's the right amount of cash to carry right now? 10%? 20? 30? 50?

>> No.22105370
File: 29 KB, 500x262, 4158D6B0-6E83-42A3-A671-AA8738E5F409.jpg [View same] [iqdb] [saucenao] [google]
22105370

What’s SHLL price going to go to when it become HYLI

>> No.22105371

>>22105050
>1738
relax 1500 is the new 15. take the FED pill, brrrrrrr, companies barily even need to make profit anymore.

>> No.22105379

>>22104778
>I did everything right
sounds like you didn't though lmao rekt

>> No.22105381

>>22105181
i work IT , i've spoken to Zoom reps, including when Zoom went down briefly last week. there's more than 300 million people using Zoom daily around the world, and that's old numbers.

i'm not saying its the best. not sure why it caught on so hard, maybe it was just the easiest to use.

>> No.22105391

>Gamestop about to outperform my TSM "based on fundamentals" hold
fuck lol
i wish i could do options

>> No.22105418

CLF

>> No.22105422

>>22104473
I’m I high or was TSLA stock worth 1k or I’m I from. A different reality

>> No.22105438

What do people think of FSLR? I can't tell if it is subject to meme rules or real rules right now (because I'm stupid). Based on real rules, it seems to be at a local maximum. I don't see it generating a lot of revenue right now. But if it's following speculation meme rules then it's worth staying in.
Should I hold or sell?

>> No.22105469

>>22105438
I bought the last dip but I'm considering trimming my position ~20% to free up cash for Le Grande Dippé

>> No.22105488

>>22105181
I work in a smaller construction firm doing residential renos and landscape builds. All of my boss' client meetings are through zoom. Construction is as normie as you can get.

>> No.22105492

>>22105391
winning at the market is about making plays. holding is a boomer meme and cucked when you think about it logically, even if you're selling covered calls you're still a cuck.

>> No.22105495

>>22105349
0

>> No.22105502
File: 21 KB, 960x960, 1caa032c47f63d50902b9d34492e1303.jpg [View same] [iqdb] [saucenao] [google]
22105502

Apple new target price jacked to 150 per. Watch it go up even more once all the sales this fall/winter are tallied. Then the release of the AR stuff in 2021. $300 per is a looking more and more likely before I turn 40 (37 years old now). Bring on the virus, bring on the flu, send Apple stock to 300 per as quick and fast as possible cause I'm an impatient bastard who wants his net worth to crack 100,000.

>> No.22105504

Im new, should I buy TSLA thennn?

>> No.22105524

>>22105469
Yeah, longterm I'm bullish on FSLR but I'm scared of meme bear

>> No.22105529

>>22105502
the correct time to buy apple stock is always yesterday

>> No.22105541

>>22105504
no you should buy OTM calls on TSLA

>> No.22105558
File: 364 KB, 1920x1080, Foreclosed.jpg [View same] [iqdb] [saucenao] [google]
22105558

how the FUCK do we figure out when the crash is happening? i want to hodl my AAPL shares long term without fear, goddammit!

>> No.22105562

what can outperform TQQQ?

>> No.22105571
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22105571

>>22105150

>30 years old
>3 semesters left until my Bachelors

Oh well, I work full time in IT at least. We'll make it fren, we just have to work like dogs for the next few years.

>> No.22105581

>>22105504
YOU'RE LATE TO THE PARTY.

>> No.22105584

>>22105106
anon, AAPL makes up like 25% of QQQ

>> No.22105594

>>22105391
What goes up must inevitably come down, just make sure you're at least on that wave anon

>> No.22105595

>>22105495
But then how do I buy dips

>> No.22105600

Any idea where TSM might be headed? Currently squeezing and have been sideways trading for a bit. If tech continues to be bullish then I would assume TSM follows yeah?

>> No.22105608
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22105608

>>22104778
Anon you just have a longer term outlook. REITs will bounce back in a few years, as they tend to do during downturns. Not so sure about energy though. Just relax and reevaluate.

>> No.22105617

>>22105418
Hi dad

>> No.22105622

>>22105558
If you're super long term, you can always buy and hold. It will never be as good as properly timing the market, but you will most likely fail to time it. Wait out the dip.
Or, sell now and forgive yourself if the crash never comes.

>> No.22105625

>>22105595
margin obviously

>> No.22105632

>>22105502
>37 years old
>net worth to crack 100,000
Bruh... the fuck you been doing

>> No.22105640

>>22105558
>go bankrupt
>get sold as a sex slave
hot

also the real Grande Dippé will involve everything being red except the dollar. Shinies down, stocks down, bond yields down. Talking heads on the news will speak about a "flight to safety" but what you're actually seeing will be a global dollar shortage again

>> No.22105648

>>22105150
I had 0 dollars in the market at your age. That $300 would've gone to drugs

>> No.22105651

I find it so odd that among the most mentioned stocks here, GameStop is mentioned as much as like fucking Apple.

I didn’t know they even still existed

>> No.22105664

>>22105584
>more Apple

I’m fine with it

>> No.22105672

>>22105651
New consoles are coming out this year. After that, GME will plummet back to the dirt.

>> No.22105673

>>22105581
Agreed m8. I was fucking poor until this week. Couldn't buy even one share.

>> No.22105677

>>22105651
gamestop is flavor of the week. it's an endless rotation.

>> No.22105678

>>22105150
you are above 95% of your age group

>> No.22105686

>>22105651
>he doesn’t know
I’m buying more

>> No.22105695
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22105695

>>22105648
We've come so far since those dark days, now kids hold stocks and buy drugs with the capital gains

>> No.22105724

>>22105651
it's /v/ or some shit

>> No.22105728
File: 7 KB, 61x56, feelsguilty.png [View same] [iqdb] [saucenao] [google]
22105728

When should I cash out and go into bonds for a while? 100% in on FDGRX which is ~50% NVDA, AMZN, AAPL, MSFT, SHOP.TO, LULU, GOOGL, FB, CRM and other growth stocks


Up like 50% this year, 7% in the last week but it can't keep breaking records can it?

>> No.22105754

>>22105349
Idk, but cash in the broad term is 90% of my assets and 50% of my portfolio.

>> No.22105757
File: 998 KB, 1440x793, SIlly Fuck.png [View same] [iqdb] [saucenao] [google]
22105757

>>22105648
>Not buying weed while still investing
Well, at least you don't waste money on booze, right?

>> No.22105768
File: 6 KB, 48x49, praise.png [View same] [iqdb] [saucenao] [google]
22105768

>>22105632

>>37 years old
>>net worth to crack 100,000
>Bruh... the fuck you been doing

kek. I'm celebrating cracking 100k today and i'm 37 too

>> No.22105774

>>22105562
TQQQ options.

>> No.22105779

>FUTURES BLOOD RED
i knew it bros, i bought the literal top on QQQ today after cashing out on all of my silver long positions and went all in on tech. i am going to be financially ruined

>> No.22105780

>>22105728
Lock in 75% then gamble the rest as it “House money” anyway

>> No.22105788

>>22105673
The crash is coming.
Just make fat gains off of SQQQ and SOXS options.
Don't risk investing in the top

>> No.22105791

>>22105651
Don't ask questions, just buy. 100 shares is a good start.

>>22105677
Remember MVIS? I made money off that, it was fun.

>>22105728
Bonds will eat shit like the rest of the market if we get another global financial crisis like everyone seems to think the next dip will be

If your broker allows maybe hold cash in CAD or Euros or something

>>22105754
That's a lot of cash, rip your inflation losses

>> No.22105800

>>22105562
FNGU
>>22105595
Sell your bags
>>22105651
>>22105724
>They don't know

>> No.22105806

Can silver go up faster holy shit

>> No.22105845

>>22105757
I opened up a tab at an anime themed bar last weekend and quietly bought drinks for all my friends. Maybe about $150

>> No.22105847

If you're young, have under 6 figure net worth and no major assets that can be seized what's your excuse for not using all the loans, margin, and leverage you can get your hands on?

Bull case: you make massive gains and set yourself up for life

Worst case: Declare bankruptcy and have literally no consequences or debt aside from bad credit you shake off after a few years

>> No.22105853
File: 72 KB, 1080x260, Screenshot_20200901-154139_Kiwi Browser.jpg [View same] [iqdb] [saucenao] [google]
22105853

this seems bearish

>>22105800
>sell your bags
I want to sell my bags into strength but they aren't showing any strength, that's how they became bags in the first place

Might just cut my losses on anything that isn't green tomorrow

>> No.22105866

>>22105791
I'm a dirty euro, no inflation. Only the real state in major cities, but that's irrelevant to me.

>> No.22105884

>>22104520
Yeah but there's no point in mulling over it. Better late than never and there will always be opportunities. I started in June and I'm only up 22%. Could be a lot better but it's something.

>> No.22105895

>>22105806
today's dollar rally needs to reject. shinies won't want to move until dollar confirms it is not in the process of reversing on the daily.

>> No.22105897
File: 197 KB, 433x321, 1575786678649.png [View same] [iqdb] [saucenao] [google]
22105897

>>22105845
>Frequents an anime bar
>But he has friends too
What the fuck am I doing with my life

>> No.22105899
File: 1.69 MB, 519x450, medusa_heart.gif [View same] [iqdb] [saucenao] [google]
22105899

>>22105632
>>22105502

Congrats on cracking 100K!

You can now buy 100K bean burritos or 100K spicy chicken sammiches from McDonald's....in cash!

>> No.22105907

>>22105695
Its wild for sure
>>22105757
I waste money on both still but I have to piss clean right now so mostly booze

>> No.22105910

>>22105640
so far from my research, i've got the following indicators:

1) VIX spiking super high
2) first circuit breaker getting tripped again
3) FED says they're increasing interest rates (this popped the dot com bubble via greenspan)
4) dollar going up in value instead of down

anything im missing? im trying to also look into shit like 3 month LIBOR rates (https://www.marketwatch.com/investing/interestrate/liborusd3m?countrycode=mr ) or overnight repo rate (https://tradingeconomics.com/united-states/repo-rate ) but i don't understand that shit yet or how to tell "when it does this, it means gtfo of the market immediately liquidate everything".

also thought this was interesting but not sure how viable it is for a sell signal, VIX/SPY correlation: https://stockcharts.com/articles/chartwatchers/2020/08/key-sentiment-indicator-is-fla-864.html

>> No.22105920

>>22104773
best way to invest in gold?

>> No.22105947

Is it retarded to keep buying more shares of triple leveraged tech ETFs - or is it the only sane thing to do?

>> No.22105984
File: 123 KB, 1000x1000, EgwfT7nU0AAY05c.jpg orig.jpg [View same] [iqdb] [saucenao] [google]
22105984

>>22105845
Whatta hell is an anime themed bar?

I used to love going to this bobba teahouse with an internet Cafe in the back. They let you read manga and play games for free.

Then niggers moved in and the place kept getting robbed so they eventually shut down.

Niggers ruin absolutely everything

>> No.22105987

What the fuck happened to SHLL?
Did they announce their thing and now it just gives me money?

>> No.22105988

>>22105895
dollar rally could legitimately signal the top

>>22105910
VIX and circuit breakers are lagging indicators, they'll tell you we're in a pop but only after we've already started dropping hard. Fed won't increase interest rates. Dollar is spot on, and yeah if LIBOR does fucky things that's usually bad.

I would consider us as "probably very near the top" but we could stay in this wobbling upward stage for months, just watch the dollar like a hawk (I prefer the broad trade weighted dollar over the DXY)

>> No.22106001
File: 8 KB, 69x56, drooler.png [View same] [iqdb] [saucenao] [google]
22106001

>>22105791
>Bonds will eat shit like the rest of the market if we get another global financial crisis like everyone seems to think the next dip will be
>If your broker allows maybe hold cash in CAD or Euros or something
Wait, can you lose money by throwing it into bonds?

>> No.22106022

>>22105947
Consider them a day trade meme play like GME and watch them every day, but keep buying them for now

Just remember that 7% (circuit breaker) NASDAQ loss is 21% TQQQ loss.

>> No.22106029
File: 180 KB, 1149x364, 0A37C686-E199-4223-AFAA-9C2697BFFF1A.jpg [View same] [iqdb] [saucenao] [google]
22106029

>>22105847
>just borrow money and gamble bro, you statistically have to win eventually

>> No.22106050

>>22105319
Yes, my plan was to short it.

>> No.22106051

Guys I'm getting scared, my whole portfolio was up again today. This shit can't keep going. I normally don't bother with stop losses because I can afford to wait through dips, but this shit *seriously* can't keep going.

I also think it's a sell signal that Bobo isn't being posted much these days.

>> No.22106056

>>22105947
i don't see the problem. as long as the industry is bullish then you can't go wrong. if tsla bubble pops just make sure to do a flip when you jump off a building.

>> No.22106063

>>22105984
They have like Japanese video games all over and serve alcohol infused boba. Pretty cool place

>> No.22106072

>>22106001
depends on the bond but broadly yes, safe bonds have negative real rates so you're fucked by default, and corporate bonds can absolutely go to zero (see: JC Penny)

If you're really spooped go all cash and eat the inflation loss

>> No.22106078

>>22105847
I live well below my means at five figures. Just started investing at the start of this whole coronavirus thing when US gov started throwing around cash. Put mine into the market and have come out with a 50% return since April.
For someone like me, playing the market carefully is enough to live on, and more. And, if I started pulling shorts on TSLA and shit (like I wanted to, but Fidelity wouldn't let me, thank god), I would be right back at my poorfag job right now at literal McDonald's, living with three fucking digits in my bank account. Forever. Just like I had for the last seven years.

>> No.22106092

>>22106051
I feel like I'm the only bear here.
This shit is nuts.

>> No.22106106

>>22106001
Yeah value of bonds goes down once in a while, especially in crashes, but the bond market's recovery has historically been faster than equities markets. You're not really supposed to actively trade bonds, best to buy-and-hold. I wouldn't worry about corrections, crashes, or dips... just don't panic-sell.

>> No.22106111

>>22104514
rainbow river etc

>> No.22106126
File: 106 KB, 746x512, c9dc32a04f3e55bfb7722526a911896d7a695ee1962269587a49ae5dad055448.png [View same] [iqdb] [saucenao] [google]
22106126

>>22106051
I'm scared too fren

>> No.22106148

>>22106092
I think deep down everyone is secretly a bear in this market.

>> No.22106149

i dumped all my TQQQ and bought QQQ

is there a better non-leveraged tech alternative?

>> No.22106152

>>22106106
if you want the fastest recovery after a market wide crash, gold did well in april

>> No.22106160

>>22106092
there is no point to being a bear when you can just buy the dip instead

>> No.22106172

Having to stay late at work because of faggot reasons so i just took a shit all over the floor in the bathroom

>> No.22106173

>>22106078
>his broker doesn’t let him make dumb trades

ngmi

>> No.22106177

>>22106092
Im net long but im holding 30k in QQQ puts

>> No.22106179

>>22106051
im scared too which is why i changed my TQQQ into QQQ but oh man am i feeling stupid after today

>> No.22106185
File: 330 KB, 533x598, He_hop.png [View same] [iqdb] [saucenao] [google]
22106185

>>22106092
I'm a jackrabbit right now
>optimistic
>100% long positions
>fucking terrified
>willing to hop over to short positions at a moment's notice
>no clue what's going on except the market is scary

>> No.22106197

>>22106149
LEAPs on QQQ :^)

>> No.22106205
File: 6 KB, 68x56, tink.png [View same] [iqdb] [saucenao] [google]
22106205

>>22106106
>just don't panic-sell.
.. but then I can buy the dip.. how much higher can it go?

>> No.22106207

>>22106051
Shut up newfaggot, and take the money. Big daddy Powell is helping the middle class. Be grateful or else move to shitistan where their help is canned food and equivalent 60$ For 3 months.

>> No.22106211

>>22106148
into the filter you go (:

>> No.22106214

>>22105632
Not everyone was lucky enough to be born in America. There is a reason my kind is called EuroPoors. We are fucking poor, there is no way to save up cause tax and rent take 60% of what we make.

>> No.22106220
File: 49 KB, 535x550, 1351252.jpg [View same] [iqdb] [saucenao] [google]
22106220

>>22106179
should i buy 10 QQQ for my ira?

>> No.22106224

So what else to buy during this clown world-level tech bull run?

>> No.22106236

>>22106207
And by canned food, it’s not chef boyardee. It’s canned fish.

>> No.22106246

>>22106224
All in on robinhood IPO

>> No.22106255

>>22106029

poor kid didn't realize that he could have just declared bankruptcy, had the debt forgiven scot free, and by the time he was finished with college or whatever, solidified into a career and credit actually starts mattering to him it'd be dropping off the record board

>> No.22106263

>>22106211
why? grim is one of the few tolerable tripfags here

>> No.22106288
File: 223 KB, 972x700, Wagon of Fools by Hendrik Gerritsz Pot, 1637.jpg [View same] [iqdb] [saucenao] [google]
22106288

>>22105988
>VIX and circuit breakers are lagging indicators, they'll tell you we're in a pop but only after we've already started dropping hard.
yeah but they're hard signals at least. if they happen and you aren't already out, you get the fuck out immediately, no questions asked, no "oh but what if it comes back haha" no, immediately gtfo of the market and reassess the situation. obviously if we can do better, get out early, that'd be preferred, but these at least serve as SHTF signals that are obvious and unavoidable.

>Fed won't increase interest rates.
i think that's what we all believe, but who fucking knows in clown world and after the elections. all this really means is to watch what the FED does especially during FOMC like a hawk. and on top of the president's twitter as well just in case.

>Dollar is spot on, and yeah if LIBOR does fucky things that's usually bad.
yeah the more i talk to different anons about it, it seems like the dollar rallying is the big one for early signs. can you elaborate on what "LIBOR does fucky things" would mean? since january of last year it has dropped from 2.5% to 0.25% but it doesn't seem like it did anything particularly fucky around march of this year unless im missing something.

>just watch the dollar like a hawk (I prefer the broad trade weighted dollar over the DXY)
how do i see the "broad trade weighted dollar", then? and did it show these signs before the covid crash at all? something i can look up on the internet or ToS instead of DXY?

>> No.22106297

>>22105640
>global dollar shortage
Lmao how can you have a shortage of dollars like nigga just print more dollars hahaha.

>> No.22106302

>>22104557
If you think SHLL is speculative you’ll never make it

>> No.22106308

>>22106224
>gamestop short squeeze, earnings on the 9th
>palantir, snowflake
>TQQQ
>SQQQ when it all comes tumbling down
>WKHS (but not at $20 lol)

>> No.22106318

>>22106220
QQQ is if you are a pussy and where you dump your leftover cash for now.
I regret bailing out of TQQQ. Another fucking +5% today.
People get scared of a -7% dip being like -21% loss, but by the time that happens you'd probably be up like 60% with a stop loss at -20% behind anyways.

once I sell Gamestop at $20 or something, depending on how short interest changes, I'll put it all back into TQQQ on the next correction.

>> No.22106319
File: 69 KB, 750x750, 1598371097779.jpg [View same] [iqdb] [saucenao] [google]
22106319

>>22106246
How exactly is Robin hood profitable as a company?

Do they skim on fees or transactions or do they play a commercial in the middle of your trades?

>> No.22106325

>>22105988
>I would consider us as "probably very near the top" but we could stay in this wobbling upward stage for months
Any chance the election is what finally fucks the market up?

>> No.22106345

>>22106288
https://fred.stlouisfed.org/series/DTWEXBGS

>> No.22106357

>>22106022
>Just remember that 7% (circuit breaker) NASDAQ loss is 21% TQQQ loss.
Currently TQQQ is going up by more than 3-4% per day. A circuit breaker is losing 1 week like this one. Though I don't know how many more weeks there are going to be like this.

>>22106056
As long as TSLA doesn't cause a chain reaction, the change might not even be that big. Even if Musk goes down, I don't think he is going to take AAPL, AMZN, MSFT, etc. all with him.

>> No.22106358

>>22106302
>>22105084

>> No.22106363

Are GME calls carrying a hefty premium right now?

>> No.22106362

>>22105084
Yes retard their products are already in use.

>> No.22106390

>>22106297
remember the dollar swap lines the Fed opened in March? The ones that were supposed to provide dollar liquidity to Canada and Yurp and such?

ALL OF THOSE DOLLARS ENDED UP BACK IN AMERICA
>local banks take ECB/BOC dollar swap lines
>immediately send the USD back to subsidiaries in America
It's in the TIC report

>> No.22106398

>>22106319
They collection commission but you don’t notice.

>> No.22106411

>>22106318
How would you recommend setting up a stop loss for TQQQ?

>> No.22106426

>>22106092
I'm a bear, but I'm done gambling with puts, got too greedy on the initial drop and got burned so now I'm just gonna ride it out. Not going to make a lot of money, but I'll enjoy the suicide watch threads when it all comes tumbling down.

>> No.22106430

>>22106325
I've said this before and some people here disagree with it but I think I'm right:

It doesnt matter WHICH boomer wins, they're both senile business whores, it MATTERS GREATLY that the transition of power is smooth and the military doesnt get involved, there isn't mass street violence, etc

>> No.22106445

>>22106319
I'm pretty sure they sell analytics based off their userbase.

>> No.22106457
File: 208 KB, 1588x820, Trade Weighted US Dollar Index 9-1-20.jpg [View same] [iqdb] [saucenao] [google]
22106457

>>22106345
ah, thanks fren.
>looks at what happened in march
lmao okay holy shit, i see i see.

>> No.22106481

>>22106390
>all the money printed for other countries got "return to sender"
Kek. So, MMT is complete bullshit.

>> No.22106515

I got no investments to speak of, just $20 to put in something. What would you put it in?

>> No.22106519

>>22106325
I don't think so. It's a fed fueled bubble, I don't think anything aside from interest rates can kill it.

>> No.22106525

>>22105651
>he doesn't know about the pending GME infinity squeeze of 2020

>> No.22106558

>>22106345
Spooky. There was almost no time to react when SHTF in March.

>> No.22106560

>>22106345
>>22106457
btw while we're on the subject:

why is a weak dollar good and a strong dollar bad? people are worried about hyperinflation and shit like that, right? any good youtube documentaries on this subject i could watch? i have a lot of free time now because of the fucked up covid situation so im trying to educate myself as much as possible on how to prepare and trade the markets during this time, both general financial education as well as focusing on previous crashes and bubbles and trying to look for patterns.

>> No.22106579

>>22106515
GME for the short game.
NRGU for the long haul

>> No.22106588

>>22106515
$20 isn't really enough to do anything with, you could buy some OTM GME call for December I guess, maybe a $30 strike

>> No.22106602

>>22104733
Why do you faggots keep using this retarded graph as if it actually has any validity

>> No.22106623

>>22106560
Strong dollar indicates a shortage of dollars, its supply and demand. There's also some macro factors like raising the price of US exports but on our timescale of freaking out over daily moves I don't think that's relevant. The dollar spiked in March because of a global dollar shortage. Look up Eurodollar University on YouTube.

>> No.22106633

>>22106411
i haven't had to worry about it because it just keeps going up and up, and my problem the last two times was staying in TQQQ because i pussy out and take my profits instead of just staying in.
but in general I have a mental note to bail out if it hits -10% dip. I don't know enough about TA to know how to figure out where supports are.

>> No.22106665

>>22106560
Strong and weak currencies have their advantages and disadvantages that countries leverage depending on what their long term planning goals are with trading partners.
It is related, but not directly, to purchasing power. It is entirely possible for your purchasing power to dive even if the exchange rates are "stable" if EVERYONE is printing.

>> No.22106690
File: 1.00 MB, 2518x1024, chad2020.png [View same] [iqdb] [saucenao] [google]
22106690

>>22106602
I've only ever seen people call that graph bullshit and post it every day twice
>at the bottom in march when gay bears wanted to convince us the recovery was a dead cat bounce
>at the very tippy top of the bitcoin bubble

>> No.22106712
File: 550 KB, 582x790, this-time-is-different.png [View same] [iqdb] [saucenao] [google]
22106712

>>22106602
How new are you?

>> No.22106719
File: 15 KB, 754x266, Capture.png [View same] [iqdb] [saucenao] [google]
22106719

>>22106579
I think throwing like 20 dollars into NRGU and forgetting about it is a decent play.

>> No.22106722
File: 74 KB, 995x573, Capture.jpg [View same] [iqdb] [saucenao] [google]
22106722

>>22105651
my GME stocks haven't even settled yet (so that i can transfer it to my USD side) and it's almost outperforming my TSM hold even with 1/4 the capital.

aaaaaaaaa why won't my broker let me do options in my TFSA aaaaaaaaaaaaaaaa

>> No.22106730

>>22106411
TQQQ closed at 170 so i just now put on a stop loss for 165
I have no idea what im doing and started last week (up 10%)

>> No.22106763

>>22106712
>btc

>> No.22106772

>>22104501
I cashed out fatass workhorse option profits and thought for awhile about what to do with the money and to my surprise dphc actually made the most sense

>> No.22106777

>>22106712
you know what feeling that graph lacks? the strange combination of giddiness and existential dread we're currently seeing

>> No.22106799
File: 107 KB, 678x498, original.jpg [View same] [iqdb] [saucenao] [google]
22106799

As long as the housing market is in a bull run.
Tech stocks are bulletproof.

This is just my idiotic retard theory but I don't see tech going down significantly or being a bad asset while housing market continues to increase.

I think we need to see the housing market hurt before tech can pull back.

>> No.22106806

should I keep holding on hope on SILJ?

>> No.22106829

>>22106799
as long as the fed keeps pumping money into the market and the US dollar has currency, stocks are bulletproof

>> No.22106833

>>22106763
stocks are moving like shitcoins so lessons from the shitcoin market are absolutely valid

>>22106730
You're doing alright kid, just remember stocks go down sometimes too. And you're never wrong to take profits.

>> No.22106842

>>22104439
UAVS is gonna supply drones for amazon? worth the put?

>> No.22106846
File: 416 KB, 640x800, 1598145144836.webm [View same] [iqdb] [saucenao] [google]
22106846

>>22106777
>>22106799

triple double, just like NVDA man in presentation
kek, buy machine learning and AI stocks for long-term holds.

>> No.22106861

Just over waiting for the NASDAQ to pass the DJI

>> No.22106884

>>22106829
Pretty much. I just think housing is going to be a good indicator. Even though it's a slow shit liquidity market. AS long as people are bidding up homes stocks are fine.

>> No.22106890

>>22104945
Same my dude, I just want nice steady gains until death

>> No.22106921
File: 42 KB, 640x360, Doctor Soprano.jpg [View same] [iqdb] [saucenao] [google]
22106921

>>22106846
>You will never have a graphics card gf
Why live

>> No.22106926

>>22106799
Oh dear. Are you even paying attention to the housing market right now?

A lot of the signs are similar to the 2008 crash.

>> No.22106934

>>22106560
Weak dollar means your exports are cheaper for foreigners to buy which is good for manufacturing jobs which is good for elections. It also means your stonks are cheaper for foreigners to buy which makes your stonks go up which is also good for elections. God help you if you rely on imports though.

>> No.22106938
File: 386 KB, 990x865, SmartSelect_20200901-224710_Mimi.jpg [View same] [iqdb] [saucenao] [google]
22106938

>>22106560
Strong dollar means wagies real wage goes up
Thats absolutely horrible if you're a gigakike that has to pay its wagies
Also strong dollar makes credit hard to pay back, thats bad if you're a gigakike that lend himself money that doesn't exist to buy real estate to rent out or to produce a product that nobody really needs
Weak dollar is good for rich people, strong dollar is good for poor people
That's why everyone gets told strong dollar bad, weak dollar good
>Im in miners tho so i hope fiat shits the bed hard, in fact so hard not even the normanst normy will ever accept fiat again, fiat is the big kike scam

>> No.22106959
File: 24 KB, 480x360, mheasXO_1T-eGYul8xapvnfNwS4AiEdxPNLYlg3JX_Y.jpg [View same] [iqdb] [saucenao] [google]
22106959

>>22106921
believe in tech

>> No.22106968
File: 32 KB, 120x120, greenmenace.png [View same] [iqdb] [saucenao] [google]
22106968

Horse tamers ww@ ?

>> No.22106976
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22106976

>>22104439
for the guys who cycle through weekly or 2 week short term calls and puts, how long do you hold them? do you sell after the first day if you are in profit? or do you wait to see if they get ITM? or do you have a rule like selling it after 3 days no matter what? how do you make the most profit without getting fucked by theta

im up on my $135 AAPL 9/18 calls i bought today, wondering if i should sell on open tomorrow or wait to see if it goes ITM or hold for a few more days

>> No.22106987

>>22106579
>>22106719
Someone redpill me on NRGU? Just saw the chart for the first time and it looks juicy.

>> No.22106991

>>22106926
Yes, sellers markets pretty much everywhere except shitbox big city apartment rents. Massive home renovation, and expansion job boom.

>> No.22107003

>>22106712
I bought bitcoin at $2500 and sold at $17000 in 2017

none of you newb cryptofags understand the Stock market or real bubbles at all. General Stocks arent a bubble present day like Crypto/Weed/Bio was. Current Nasdaq rally is only half as intense as the '2000 tech bubble'.

We're going much, much higher than your little brains can imagine. Even higher than what the Top Bull predicts

>> No.22107004

>>22106665
but is everyone printing? i heard that other countries are brrrr'ing too, so does it even matter that the FED is brrr'ing so much?

how does this all end? are we unironically going to just be boomer.v2 and find a way to kick the can down the road for future generations to deal with after we're all dead and don't give a fuck anymore?

>> No.22107007
File: 37 KB, 685x375, 041620-workhorse-horsefly-drone.jpg [View same] [iqdb] [saucenao] [google]
22107007

>>22106968
I'm long horse but idk if I'd reccomend anyone buy in above $20.

>> No.22107008

>>22106763
>he doesn't get it so i'll have to sink to his level and explain
The "Psychology Of A Market Cycle" was indeed made with the stock market in mind. However, it is more graphical depiction of general human psychology and the madness of crowds. People believed that Bitcoin was a NEW PARADIGM!!! but it really wasn't because human psychology always was, is, and will continue to be. We now circle back to the stock market. People believe that Tesla is a NEW PARADIGM!!! and we find ourselves in the midst of euphoria succumbing to the madness of crowds yet again

TL;DR: This time isn't different. It never is.

>> No.22107039

>>22106926
Always with the cynical shit.
Anytime shits going good, always that guy “it’s all a bubble you’re all going to crash and die”

>> No.22107041

>>22107003
still going to sell OTM covered calls for the next year but yeah not exiting the market.

>> No.22107042

>>22104520
im bummed i sold all my 401k shares of FB back in 2013 for $45 thinking i was hot shit since i bught during the IPO for like $25

>> No.22107063

>>22106763
>new paradigm!
>it's different this time because...

>> No.22107074

>>22107039
in 2008 that guy was Michael Burry

>> No.22107091

Micheal Burry (the guy that predicted the 2008 housing bubble) has 2.75 million shares in Gamestop. Maybe you retards are right.

>> No.22107100

>>22106987
Simply, it holds large oil stocks and gives you 3x their movement. It's incredibly cheap because most oil stocks have either not recovered or hardly recovered. Demand for oil in the next few years should bounce back and it's dirt cheap. A pretty easy 5-10x return if you ask me. I wouldn't put more than 100 dollars in it. These leveraged ETFs have a habit of imploding. It's basically a pretty decent moonshit if you want to throw some lunch money at it.

https://www.microsectors.com/bigoil#:~:text=MicroSectors%E2%84%A2%20ETNs%20provide%20efficient,U.S.%20Big%20Oil%20Index%20performance.

>> No.22107105

>>22107039
>Leave me alone in my delusion
>I don't want clarity
>I don't need your help
Your type is always the one to get burnt the hardest. Kek.

>> No.22107107
File: 98 KB, 629x419, this time it's different.jpg [View same] [iqdb] [saucenao] [google]
22107107

>>22107063

>> No.22107119

>>22107003
>Even higher than what the Top Bull predicts
Top Bull actually rescinded his projections, saying (and I quote) "there is no precedent for how high this market can go"

>>22107091
And Reggie is involved, and one of the CHWY cofounders just bought like 5 million shares

GME has all the makings of a hilarious roller coaster

>> No.22107124

>>22106445
Wouldn't they be able to run trading algorithms based off user data, that'd just scale up in profitablity based off increased users?

Says they make their money off people's cash holdings, service fees for the debit card, margin charges, robinhood gold charges, and "lending stocks purchased on margins to counterparties."

I don't know what that last one means.

>> No.22107145
File: 70 KB, 1076x1068, o1qgapp8oyt41.jpg [View same] [iqdb] [saucenao] [google]
22107145

>>22107107
>I seen

>> No.22107148

>>22107107
endless stimulus and printing can create 5+ year bubbles

>> No.22107155

>>22107007
I'm with this guy. I've been trying to buy back shares of WKHS for a couple weeks, and have to keep selling these ridiculous pumps. Hoping to get back in around 18 sometime this week or next.

>> No.22107167

>>22107119
If your timing is impeccable and you position yourself right, you can be profitable on the short squeeze for a shitty stock.

>> No.22107172
File: 2.60 MB, 1920x1080, grug bought.png [View same] [iqdb] [saucenao] [google]
22107172

>>22106968
Initiate ze dump. The Hitachi PR is pretty huge though and may have established a new support level for Horse (~$18 after tomorrow's profit-taking).

>> No.22107191

>>22107148
do you want the real red pill
this is the same bubble and same bull run that has been ongoing continuously since 2011

>> No.22107196

Think i need to quit drinking lads ive literally shit like 10 times the past 3 days already. Buys calls on charmin

>> No.22107232

>>22107100
Cool, thanks. But could you define "imploding"?

>> No.22107278
File: 186 KB, 1920x1080, [Coalgirls]_Yuru_Yuri_05_(1920x1080_Blu-Ray_FLAC)_[33D2F429].mkv_snapshot_20.45_[2020.08.28_02.01.47].jpg [View same] [iqdb] [saucenao] [google]
22107278

>TQQQ $171

>> No.22107294

>>22107191
Same bull run since 2011....except on steroids. What's worse? Fed not going to stop until 1) Vaccine, 2) Minorities back to work. Just keep investing boys. Just wait until we reach 2,000 p/e for Tesla.

>> No.22107309

>>22107003
Based

>> No.22107312
File: 60 KB, 1024x512, Ellen_Page_Colbert-1024x512.jpg [View same] [iqdb] [saucenao] [google]
22107312

>>22107196
Thanks for the tip, buying a 100k

>> No.22107328

>>22107232
They just go to 0 and you lose your money. If a stock moves down 90% it has to move up significantly more to regain it's original value. Knowing this, we can assume that down days for triple leveraged ETFs are particularly destructive. This article does a pretty decent job of explaining the dangers. Anon if you're considering this and you know very little, I suggest you just throw a 20 at it and leave it alone.

https://www.investopedia.com/articles/investing/121515/why-3x-etfs-are-riskier-you-think.asp

>> No.22107338

Reminder: KO went up a consistent 6700% from 1980 to 2000. Was there a bubble pop? Not really, more like a slow downward crab over a decade next decade. Ranges were easy, wide, and you got a large dividend to mend it. In the end it was worth it. This is similar to what tech stocks will experience since tech is bigger than coke will ever be. Expect significant upside to tech and an eventual sideways range in 5-10 years

>> No.22107350

>>22107091
If Gamestop for some crazy reason decides to do another buyback in this climate, shorts are going to be so screwed that GME might get halted for a while.
I honestly did not expect GME is not actually at risk of bankruptcy right now. They have more cash than debt right now.

>> No.22107362

>>22107191
Pretty much this. The reason why bubbles end and recoveries begin is because there is a correction in the market. Bad business die so that new ones can take their place. The bad business did not die this time around.

>> No.22107370

>>22105853
I sell bags that are green just because they could be greener. The faster you get out of a turd the better as time is the biggest factor in opportunity cost.
>>22107003
Chief Top Bull believes the top is literally unknowable and retracted his price targets. >>22107119
Time to load up on gay ass GME

>> No.22107371

>>22107191
>>22107148
you know what? fuck it. the only thing that is going to get me to stop hodling my $40k worth of AAPL is if we get a circuit breaker. that's it. im done missing out on these bull run gains. im putting the other $10k in tomorrow. im not gonna be afraid anymore. the government has my back for some dumb fucking reason. im not gonna fight it anymore.

How I Learned to Stop Worrying and Love the Brrr

>> No.22107373

>>22107278
>SPY $353
Shaping up to be one /comfy/ week again

>> No.22107374

>>22107338
This is valid for Apple but not valid for Zoom or Tesla

>> No.22107387

>>22106172
Get back to work faggot

>> No.22107390

>>22107312
If you win bigly will you donate me a bidet? I'm slowly getting sandpapered down to my very essence im starting to bloodwipe

>> No.22107402

when I was 16 in 2012 I heard about this "bitcoin" thing and asked my dad to help me set up a mining rig and he never did

thanks dad

>> No.22107406

>>22107350
fuck it. im putting my sell limit order at just under $50. go big or go home. might turn my 2.5k into 25k.

>> No.22107412

>>22104520
We will make it bro. Also congrats to the younger anons here getting in early. Seriously wish this was taught in school

>> No.22107417

Hey guys, my rich boomer mom said that she is going to invest all her money in some hedgefund that bla bla is great and stuff, should I tell her to invest it all in SPY instead?

>> No.22107420

>>22107338
God I hope there will be a pop. It's vastly preferable over a lost decade since I plan on living for 10 more years.

>> No.22107425

>>22107390
Sorry can't do that, you see bidets just aren't good for charmin's market share.

>> No.22107434
File: 679 KB, 1079x1631, Screenshot_20200901-182950_Google News.jpg [View same] [iqdb] [saucenao] [google]
22107434

What are you buying before the market closes for the rally tomorrow, boyos?

>> No.22107439

>>22107402
based dad

>> No.22107446

>>22107374
now you know why i sold my TSLA for a nice $5k profit already and went all in AAPL

the real question is if i should do some kind of a 50/50 split with NVDA potentially but idk

>> No.22107449

>>22107328
They aren't scary. Just don't get Bog'd and you're fine. Holding TQQQ is pretty easy. Other 3x ETFs are obviously more dangerous especially in dumb sectors like oil or hospitality. Also, notice how no one is shilling NAIL anymore?

>> No.22107450
File: 182 KB, 460x383, 147574096146.png [View same] [iqdb] [saucenao] [google]
22107450

>>22107373
>>22107278
>TQQQ at $140
>"eh, i'll wait for it to drop back down into the $130's before i buy my next batch of it"
>TQQQ at $150
>"eh, i'll wait for it to drop back down into the $140's before i buy my next batch of it"
>TQQQ at $160
>"eh, i'll wait for it to drop back down into the $150's before i buy my next batch of it"
>TQQQ at $170
>"eh, i'll wait for it to drop back down into the $160's before i buy my next batch of it"

>> No.22107451

>>22104473
I hope it keeps gapping up until Friday. 0 DTE puts would print lots of money.

>> No.22107457

>>22107370
>GME spikes up +30%
>Time to load up on gay ass GME
why now when we've been talking about it since the weekend thanks to anon's "GAMESTOP 10x" tip then everyone else figuring out if this crazy guy was legit or just memeing.

>> No.22107463

>>22107417
hedgies consistently underperform a market index fund, yes

>> No.22107465

>>22107425
Fugg what more could I expect

>> No.22107475

>>22107450
Please let us know the moment you decide to buy, so we know exactly when it will crash.

>> No.22107490

>Compared to last quarter, the seasonally adjusted total mortgage delinquency rate increased for all loans outstanding. By stage, the 30-day delinquency rate decreased 33 basis points to 2.34 percent, the 60-day delinquency rate increased 138 basis points to 2.15 percent - the highest rate since the survey began in 1979 - and the 90-day delinquency bucket increased 279 basis points to 3.72 percent - the highest rate since the third quarter of 2010.

Sure. The housing market is booming right now, right? Yeah, just wait until the inventory starts coming onto the market after eviction moratoriums and CARES Act Mortgage Forbearance ends. The CARES Act gives you 6 more months after the initial, but all of this is due in full at the end.

We haven't even gone 6 months yet. But sure, just keep thinking the housing market is rock solid right now. Just go all in, like those guys did from 2004-2007. Nothing can go wrong.

>> No.22107507

>>22107434
>Cancel rent
>I have no money so we should take that money from somebody else so they also have no money
wtf why is blumpf raising my taxes?

>> No.22107508

>>22104520
I'm 18 and I have a 401k with like 3k in it and 2k in the market (I've gained 1400 cause of 132 nio shares and two nio calls lol), I've saved most of the money I made as a grader at a tutoring center and will be able to graduate from college debt free cause I'm getting like 80k in scholarships/grants and my mom can pay the rest up front for all 4 years (but I do intend to pay her back so I guess it's not technically debt free, I'd rather owe her than some shitty student loan service tho). Does anyone have financial advice for me going forward? Anything I should be doing differently?

>> No.22107511

>>22107457
I bought on Friday, shitposted about it all weekend, and got stopped out at $7 today

Gonna buy back in tomorrow with more and hope I don't get Newton'd

>> No.22107514
File: 366 KB, 1080x1551, Zoom.jpg [View same] [iqdb] [saucenao] [google]
22107514

How bout dat zoom

>> No.22107520

>>22107328
Much appreciated. I think I'll take that advice. Put a bit in and watch it go. Average down later if I have to.

>> No.22107525
File: 281 KB, 1920x1080, Shiro thinking hard.jpg [View same] [iqdb] [saucenao] [google]
22107525

>>22107420
Only 10? I make projections for the next 200 at least.

>> No.22107530

>>22107475
>before i buy my next batch of it
he's already in it though.
honestly i'm in a similar position, I'm holding QQQ but want to get back into TQQQ but things were suppose to pullback massively after the stock plaits, where the fuck is the pullback

>> No.22107536

>>22105106
Teach me

>> No.22107539

>>22107475
>Please let us know the moment you decide to buy, so we know exactly when it will crash.
You jest, but last time I bought TQQQ was when it had skyrocketed up to $125. Literally the same day I bought it, it plummeted down below $110.

>> No.22107540

>>22107450
>TQQQ at 50
>"Oh shit good thing i never got in, i would have been screwed!"
>"will you buy now, then?"
>"no way it could drop more!"

>> No.22107552

I just got home from work, anyone got a one word QRD to describe today?

>> No.22107576

>>22107508
See
>>22107196
Buy calls

>> No.22107580

>>22107511
>I bought on Friday
pure luck on the Ryan Cohen bullshit, or should I be reporting you to the SEC lol

>> No.22107585

>>22104683
dont you mean dilated

>> No.22107589
File: 556 KB, 765x534, 1592592539783.png [View same] [iqdb] [saucenao] [google]
22107589

>>22107540
this is why you DCA down

>> No.22107590

>>22107539
Same, trading in the stock market honestly feels this way most of the time

>> No.22107591

>>22107511
these things are easier if you simply put in money that you don't mind losing all of potentially, or at least half of. i only put in around $2.5k and that's from part of gains i've already had this year so it's basically playing with house money. sure would be nice to turn it into $25k by some stroke of luck tho but i'd probably take 3x in all honesty.

>> No.22107600

>>22107552
GREEN

>> No.22107613

>>22107552
honk

>> No.22107618

>>22104682
weedbrahski? i miss you

>> No.22107625

I've never had a job but want to set up an account with a broker like e-trade, have my dad give me a few grand and start investing. Will I run into any trouble?

>> No.22107629
File: 242 KB, 911x557, Screen Shot 2020-09-01 at 6.34.49 PM.png [View same] [iqdb] [saucenao] [google]
22107629

steven crowder just made a video promoting tesla, get ready for the pump tomorrow!

>> No.22107631

>>22107514
quick run down??

>> No.22107635

>>22107490
housing already crashed 2005-2007, before the crisis, so it wasnt exactly a bad buy. The fact that its starting to boom again probably means you missed he bottom for real estate

>> No.22107637

>>22107580
pure luck, an anon here brought it up and I bought the infinite short squeeze meme

>> No.22107642

>>22107591
I only put in ~$1K too and i'm already feeling bad for not putting in more, but i mean at least I don't feel the urge to take profits immediately with this much unlike when I'm funneling in several thousands into TQQQ at once.

>> No.22107651
File: 13 KB, 181x201, 1592709359020.png [View same] [iqdb] [saucenao] [google]
22107651

>>22107507
He's actually giving you a 6% discount on your taxes, but you will have to pay them back in 4 months if you take the deal.

>> No.22107662

>>22107590
sports betting feels 10x worse

>> No.22107668

>>22107631
Good earnings, coronavirus forever, Zoom is king.

>> No.22107696

>>22107682

>>22107682

>>22107682

NEW THREAD

NEW THREAD

NEW THREAD

>> No.22107698
File: 73 KB, 470x495, 1499008594733.jpg [View same] [iqdb] [saucenao] [google]
22107698

>>22107625
>no experience of any sorts on anything
>18

Sounds like you will lose it all desu

Just save your dad's money

>> No.22107717

>>22107434
Same thing I buy every day, FNGU and TQQQ but I'm thinking of leaning heavier on TQQQ as it's less affected by TSLA than TQQQ is.

>> No.22107747

>>22107637
welp im glad lurking /smg/ finally got me early in on a pump for once. Even if this shit dumps, bagholder mentality will ensure it will never go back down to my cost basis under $6 within a month.

>> No.22107796

>>22107668
where do their earnings actually come from though? do they just sell ads?

>> No.22107827

>>22107457
I was here when the anon broke it because I have no life. I didn't feel like getting into it then and truthfully I'll probably just stick to my comfy 3x tech ETFs.
>>22107539
>>22107450
Just DCA whenever you get cash. The only time it will go down in a meaningful way (i,e crash) is when the entire market is going to crash due to a macro event.

>> No.22107899

>>22107629
Does anyone here actually listen to this fucking loser? My favorites of his are the “change my mind” vids where he gets made to look like the clueless mouthpiece he is by someone presenting an argument he didn’t prepare for.

>> No.22108089

>>22107629
literally who

>> No.22108214

>>22107625
make sure that he's okay with losing it all if you fuck up

>> No.22108325

>>22104520
30 here too fren. Better late than never. Better off than consooomers

>>22104785
I only have like 30K maplebux in for retirement right now and 22K of that is locked in an account that I can only put it in mutual funds getting those boomer 7.8% gains YOY. Trying to venture out now and start saving for retirement more aggressively but also trying to use the markets to my advantage. Look at it this way fren, there is people who are 65 now who have nothing.

There are millennial who have NOTHING saved but always have the new iPhone. We are infinitely better off than them at this rate. Buy Tech (aka: APPL) and make your retirement off their reckless spending. Also helps if you don't live in NY, Toronto, LA, Vancouver, San Fran etc.

>> No.22108462

>>22107796
Never used it no idea

>> No.22108519

>>22107796
Licenses if I had to guess, but like >>22108462 I've never wasted my time