/biz/ - Business & Finance

Green day today.

To the anon who put into FNGU recently

>Won't all the bagholders dump hard once we get back to last week's level so they can break even?

>>22345458
Then buy the dip
And don't watch what happens next

Mumu fighting back.

Going to pick up some Slack shares today, a 20% selloff seems a bit extreme for a company with strong prospects.

In the previous thread I was asking about whether there are options to normal people to bet on dollar strength in the short term. Holding dollars seems like quite a low risk low return strategy. Like, betting on the DXY?

Oils recovering that’s very positive for the stock market

expert advice here: buy MRNA straddles and wait for vol to pop. Trump is going to do some autistic shit in the next two weeks.

anyone care to chime in on how Softbank is gonna get out of the hole they've dug themselves into come next weeks quad witching? Seems like the NASDAQ pullback is gonna carry on into next week. How are the techstocks gonna look?

>>22345539
Dollar strength means market dropping which means you get cheapies later

today frog posters will freeze

I thought pastry-based foodstuffs were recessionproof, like prostitution?

>>22345554
Autism as in? I might bandwagon if my TQQQ shares break even

>>22345512
please god, i can't take another losing day

are there any decent investing/trading/options cheat sheets?
I want all relevant information condensed in one place
also how which tools do u guys use for option delta/gamma calculations?

>>22345554
more info please

>>22345539
Buy puts on FXE

>>22345588
look at sticky, if that doesn't help, then google!

oh no no no im only up 70% in the past 3 months now, truly the market has capitulated and its time to keep selling, everyone. keep selling.
sell.
sell immediately.

If today is green watch for a bunch of shit like
>imagine thinking the line could go down
>return to normal
And know that hell really is coming

https://palantir.events/PalantirInvestorDay

CIA nigger investing day TODAY

September 9th, 2020

10:00 AM - 12:15 PM (EDT)

>>22345589
straddles are delta neutral so you're just riding volatility. MRNA activity is highly subject to news coverage and with the elections coming up, vol is going to the moon. I turned my put spreads into long straddles last week and I'm just waiting for an autistic announcement from Trump.

>>22345575
Anything to accelerate production as much as possible. The Trump admin is already working with MRNA. Maybe bypass Phase 3 clinical trials and go straight into mass production etc

>>22345629
how many dead cat bounce image macros do you have lined up

>>22345625
How much were you up last Wednesday

>>22345539
I think international demand for the USD will cause it to stay stable even with lots of printing. Mainly because every other currency is being printed to shit right now, and they aren't the world reserve currency. Can't buy internationally with brazilian pesos. so in the short to medium term, demand for USD will be good. However, this is just a large buffer, and won't stop printing from fucking shit up. I think the fed will see their printing, see that the demand for the dollar is still going up (lowering inflation), and print even harder against this buffer. They have no idea what they're doing. To prevent disaster they need to let it deflate.

Options, penny stocks or TQQQ/FNGU to turn $150k into $1m in 3 years?

>>22345457
So the crash was cancelled right? SHLL to 70?

>>22345642
good question i dont pay attention to the daily movements that much unless something fun is happening like the utter and complete capitulation of the NASDAQ and the imminent destruction of the western economy is being talked about from sources besides zerohedge

>>22345457


TSLA to return to ATH by close today.

Confirmed from inside source

My uncle works for Microsoft.

you think there will be another crash like march? all markets or like a tech correction?

>>22345677
sure why not, the markets have only been going up because of memes and dreams so why not go down for equally worthless reasons?

>>22345677
I do, just don't know when.

>>22345688
the reasons for it to go down are far more solid than it going up

Should I just ignore this, lads?

futures dropping kek

>>22345658
Leveraged ETFs will require a lot less luck than the other two choices

>>22345677
Full market
It's already started
We're literally 3 days into it already
The only thing saving anyone is stimulus talks

Dead cat???

>>22345658
those’ll all get you straight to zero

>>22345694
>the reasons for it to go down are far more solid than it going up
ive been hearing this for literally 6 months now and i keep being told the big dump is around the corner. now we had some tech and growthy stocks tumble significantly, we're looking at a stabilization and I'm going to hear, again, that the worst is yet to come.

>>22345710
I wouldn't have the balls to invest in Tesla right now. There are so many safe tech options out there, why would you risk it on a vaporware that has the Lunar Colony priced in?

>>22345710
>dead cat
ive heard this term literally hundreds of times over the years, and i am convinced that nobodies calling dead cat on a recovery has an inverse relationship with the actual future potential of a shares value, i cant fathom any other call that is almost always completely wrong than dead cat bounce.

What cheapies should I buy?
I'm thinking MSFT looks solid

>>22345658
Unless you're a millionaire with cash to burn you should be putting most of that into boomer shit not gambling it, don't end up like one of those WSB retards that throws away his life savings on meme stocks.

>>22345710
>>22345746
>>22345769

looking at the order flow/skew, people are buying calls again which means market makers will sell to them and buy shares to delta hedge, driving up the price.
tldr: I would look to use a call debit spread or buy the shares right now

>>22345710
No way 500 EOW this is the big comeback

>>22345669
Fucking based. This. This is how you invest. What a marvelous chad.

>>22345769
Dead cat bounce does happen all the time. Just look at hertz or wirecard.

>>22345773
I find that as you increase in net worth, you become less likely to gamble shit away.

>>22345637
oh I see
>Moderna picked up nearly $1 billion in research aid. Now, it's joining a list of other companies to take a supply order from the federal government.
You know the list or any ideas where I can find it?

>>22345710
>>>>/pol/276638751
could be...im not sure what to believe or think right now. its just pure kikery

>>22345787
Tesla is a cool idea and Elon’s other companies are valuable (space X). But Tesla is probably worth about $100 a share.

>>22345773
If you're poor and you want to get rich, you have to take risks. Once you've built up your wealth, you should invest it in safe boomershit. But if you're not rich yet, you need to use leverage, take on debt, etc. to build up wealth.

>>22345710
Based Tesla is like a nature show where the faggy predator eats the faggier prey.

It just keeps bull trapping zoomers with insanely heavy bags

Tesla is the most entertaining stock desu

>>22345710
There are MILLIONS of shares up for grabs with the 350p on friday.
If volume goes down, the MMs who wrote them will do everything to make that expire worthless. Like last week.
Shorts and puts now decelerate the fall for TSLA. The options chain dictates the price of that meme stock. Forget the meme front man.

>>22345787
>source(s)
>literal fraud, zoomer market manipulation
>called after the fact

>>22345736
I'm just saying the argument for it going down is better than up, I'm not saying WHEN. Could be a fucking year or even more if the Fed and Congress keep it up. Or could be next week. Markets can stay irrational for a long time, but they historically do eventually correct.

>>22345821
>it just keeps bull trapping zoomers
>up like 30% from where it was a month ago
tesla only bull traps retards who short term swing trade, real chads bought nikola because people hate tesla so much you can tell they'll fund a LITERAL jpeg selling company to own musk

>>22345803
its fairly closely guarded and not widely reported right now but I'd imagine you can find it if you follow a few WSJ, CNBC reporters on Twitter (im not going to bother)

>>22345821
>>22345830

Where do you see Tesla’s floor? $250?

If you’re not sure, just take a wild guess for me lads

>>22345863
we are far outside of the realm of history, we live in an age of myth

>>22345830
>If volume goes down, the MMs who wrote them will do everything to make that expire worthless. Like last week.

>>22345864

Nikola has corporate contracts. Tesla is yet to sucker a company into one.

Vaporware battles are pretty fun desu

>>22345872
>where do you see teslas floor
anywhere from 0/sh to 100k/sh, from what i can tell from very expert well versed retail trader big man sentiment the company doesnt actually exist and only produces dreams and none of it is real, like space or the pancreas

>>22345884
I have never seen a Nikola ever.

>>22345875
lol, I mean it's a wonky time but I don't think it's unprecedented. We had the dot com bubble which was crazier than this, we had the housing bubble. It's a hard time to make a plan, that's for sure. The doomers might sit in cash and miss out on lots of gains, the zoomers that have never experienced a real crash in their lifetime might take on a lot of risk momentum trading and get rekt.

>>22345457
So glad I went all in at yesterday's close and caught the falling knife at the very bottom of the dip with titanium support.
Eat my shit Warren Buffet.

>>22345884
How the fuck is Tesla vaporware? They're literally everywhere in the west coast, you can't go 5 minutes without seeing one

>>22345872
I'll tell you the same thing that I told the anon that called the floor at $480, $450, $410, $370, and $350...tesla's floor is under $200.

Its price is reasonably around $80 with some bullshit vaporware already priced in.

Anything above that is just zommers playing PnD with it

>>22345933
>zommers playing PnD with it
you mean softbank

zoomers can barely move the needle 1 point

>>22345916
What rich person would have $1 notes in their wad?

>>22345820
I know, I'm just saying $150k is a lot of money. I only gamble my paychecks because I'm dirt poor and desperate, $150k could buy a house.

>>22345948

>holding 400 bucks

That’s the joke. $400 is a lot of money to a lot of people. But I wouldn’t brag about having that much

>>22345931
theyre literally everywhere... everywhere. its not a vaporware company and they produce a variety of real products on high margin, high demand, psychopathic growth/innovation ethic and astronomical hype. tesla bears are basically conspiracy theorists at this point and just have a rock hard desire to see the company fail because their short positions have been bleeding massively out the ass and they can't take it anymore, tesla could have a "sensible" PE like apple or amazon and they'd still lose their shit and claim its all over for tesla when they see the same losses those two nightmare companies saw this week.

tldr /biz/ and retail traders in general are full of angry bears aggressively posting FUD and meme lines everywhere and arguing about efficient market theory to explain why theyre too scared to make money

>>22345948
The same person who would show off their high-street consumer aftershaves...

>>22345916
>dunhill cigarettes
kek, bad taste

>>22345968
Shorts are net green for the year because of the past week.
TSLA is basically a bloated tumor of subsidies, easy credit, and vaporware. I would like to see a future with EVs and automated driving. TSLA will not be the one doing it as anything for the mainstream.
Elon will have checked out of TSLA by 2025. You can cap this post.

>>22345968
I'd call them the apple of cars. I'm bearish on apple, and basically all consumer-level luxury good manufacturers during a recession.

>Mom asks if "we're rich yet"

>>22346024
Well... are you?

>>22345898
Than it can't exist. You haven't seen me either...

>>22345869
thanks mate. Ill find something that boomers are willing to take instead of moderna since they seem weary about the bill gates meme

>>22345998
tesla is trading at a pre-split of over 1700/sh, now I won't pretend to know anything about shorting a stock, because I don't as I never touch the short of the market and at best bet on the recovery rather than the collapse, but how would shorts be net green this year if they held through tesla gaining 400% value from january 2nd?

>>22346024
This is how you know we're not done

>>22345968
How heavy are your tesla bags?

I live in one of the biggest metropolitan areas in the U.S.

I've seen tesla dealerships. Never seen a tesla being driven in all the years they been open. Seen plenty of Bugatti and lambos though.

Really doubt tesla has a bigger market share than cars aimed at the top 1% earners.

>>22345963
>>22345972
Leave me alone.
I'm retarded because after visiting /pmg/ a bit my first thought was that was a legit gold block.

>>22346021
Nah, man. People love iPhones. I live in an eastern Europe shithole and people are eating out, having a fun time, buying new phones. Don't follow the fud

>>22345959
I live in Sydney and $150k wouldn't even be enough for a deposit if you wanted a half decent place near the CBD. Shit like this sells for $1.3m. $150k is nothing.

>>22345968
So you are basically saying that valuation doesn't matter and anyone who says different is just betting against Tesla? Do you know how crazy that sounds?

>>22346058
Isn't Syndney like really expensive? I know for a fact you can buy a house in the US for 150K. It's not going to be a fantastic house or area, but it might not be that bad, either.

>futures green bigly
This market is delusional, the buyers have been exposed to stimulus water, take them all to the infirmary.

>>22346047
>but how would shorts be net green this year if they held through tesla gaining 400% value from january 2nd?
Short squeezes are rushes to cover and mostly burned on Matayoshi gamma squeezes over the past 6 months. The short volume recently has been biblical and they covered in a day. It helps when the ticker you are shorting drops 20+% in a day.
If people want to know why shorts kept shorting it. It's because its a meme bubble company and because it pays out like a casino.

Is the tech "correction" over? time to get back into FNGU?

>>22346049
tesla bags are 30% of the portfolio atm, but theyre not really heavy since i didn't buy them expecting the value to go up like they have, and would greatly prefer if the value kept going down. As for teslas on the road, i live in a suburb in the rust belt. Our winters are absolutely a nightmare case scenario for the autopilot on those things, and yet somehow I'd say probably a good 1-2% of the cars on the road here are teslas. Which is a ridiculous amount, but I feel as though they fall into the category where poor middle/upper-middle class sections of the country can buy them to feel cool, but can't afford a corvette or something and also they love to suck cock because they feel like theyre saving da erf

>>22345916
The golden lock of Hermes pure perfume is for women lmaooooo

That Creed bottle...the only creed that matters is Aventus or Royal Oud. Everything else is for little girls lmao

>>22346049
in western states tesla is everywhere

>>22346098
You guys are so fucked

>>22346049
No one's anecdotes about how many cars they have seen means anything. Jesus Christ.

>>22346061
valuation is objectively imaginary and everything else is justification after the fact, this is my trading thesis and it has made me a LOT of money.

wait and see, tesla will spiral even more out of control to even more retarded heights and your faith in the market will hit lows you thought were already maximally probed by this satanic stock

>>22345948
>>22345979
>>22346120
wow stay made poorfags

>>22346139
lol what?

gonna load up TSLA bags because listening /biz/ hasn't made anyone rich

>>22345968
it warms my heart to see a -stocks only go up especially tesla- retard like you eat shit and take massive losses. Maybe instead of lecturing people who took their money out at a sensible time you should admit your loss and try to learn something from your mistake. Such as stocks don't only go up. Also good stocks are not worth infinite money. Fuck you.

>>22346211
ill be back in a month or two to make fun of the tesla bears again dont worry doggy

>>22346058
That's because city property prices are jewed to hell, I don't know if that's how it is everywhere in your country but in burgerland $150k would be plenty for a nice house as long as you stay away from the city.

How do we drop USD to 90? This piece of shit needs to go down.

>>22346098
I bought GOOG yesterday.
I hope it will work out and give me a few %

wow...

>>22346211
How much did you lose? It's okay anon, you can get it off your chest

>>22346283
Nothing like only showing half of a debit spread

>>22346283
Based

>>22346226
>as long as you stay away from the city
You basically won't find anything decent below $600k even 1hr+ away.

>>22346049
>This massive Tesla dump has take. Price back down to $1500 presplit

when did you buy that you could actually be a bagholder

thoughts on tqqq calls?

>>22346337
I'd suggest they be LEAPS just in case

>>22346319
Maybe you should move then, that sounds like hell

>>22346319
is that because of the chinese?

>>22346319
That sucks. I live in an 800k population city in burgerland and my condo costed 25k at the bottom of the 2008 crash. I pay a mortgage but it's only 139 a month. There's a 150 a month HOA fee too but that brings the total to $289 a month and I don't have to cut my own grass. Nice place actually

>>22346120
>next level cope

>>22346319
Same in NZ. Paid 400k USD for a 60m2 apartment, 20 min from the city centre.
Still glad that I'm finally on the ladder though. Regardless of what happens to house prices, I'm hedged in that direction.

>>22346341
maybe AMD leap calls on the new card. Fuck I got out of the market without seeing red and now I have no idea how to renter

>>22346287
I didn't lose Nothing I just love watching re-tards lose money so I can rub salt in their wounds. Especially if they are acting retardedly after the market proved them wrong. It just makes me feel good. And. Fuck you.

>>22346416
are you even playing in the stock market bro

>>22346108
>tesla bags are 30% of the portfolio atm, but theyre not really heavy since i didn't buy them expecting the value to go up like they have, and would greatly prefer if the value kept going down. As for teslas on the road, i live in a suburb in the rust belt. Our winters are absolutely a nightmare case scenario for the autopilot on those things, and yet somehow I'd say probably a good 1-2% of the cars on the road here are teslas. Which is a ridiculous amount, but I feel as though they fall into the category where poor middle/upper-middle class sections of the country can buy them to feel cool, but can't afford a corvette or something and also they love to suck cock because they feel like theyre saving da erf

>>22346416

>>22346446
Im not playing Im slaying

>>22346451
soxlfaggot

>>22346497
Fuck off bitch, I thought it was you since you're the main sperglord on here who always posts like a sociopathic asshole about everything. There's something wrong with you dude

>>22346523
what if i'm him on his phone.

Rolling for market crash today
https://www.youtube.com/watch?v=bwpK5QJu6K4

We did it Reddit. The dip is over. Stonks will never go down again.

>>22346544
Calm down

GME bros where you at?

will today be a dead cat bounce or the real thing

3 days of red is a lot for a correction

Is shorting nikola a good idea ? I dont belive in idea of electric cars being feasible but I can possibly see it rallying higher.

>>22346535
No way, he spends way too much time trying to get on my dick to have an IRL boyfriend. I keep telling him I'm not into that faggot shit maybe one day his gay ass will get the message

>>22346647
nikola isnt electric cars. it's hydrogen trucks but it's actually vaporware. i own 10 shares. lol.

>>22346544
Not today fren.

>>22345574
I guess a lot of their profits depend upon city centres being fully populated with workers. A lot of call centre staff are still working from home and will be until January.

>>22346689
Tap

Does this GME shilling smell weird to you guys?

>>22346603
9/9/2020 06:10 AM
GME squeeze bro reporting in. Opportunity is secured in my account.

how do i get a refund on the tsla 750 calls i bought last week? they've gone down a lot, but i have the option to reverse the trade, rigth?

buys on AMZN anyone?

>>22345968
They were the pioneers in the electric car market, if you wanted to buy an electric car 2 years ago, you had to buy a Tesla. Things have changed, every big car manufacturer has electric cars in production or in development, they even build up their own loading infrastructure, Tesla will get a lot of competition in the next years.

Tesla has still massive problems with quality control, every car has flaws (doors not inserted properly, parts of the car not painted properly etc.). The only part where they are clearly leading right now might be the software.

The old car manufacturers also have years of experience in design, aerodynamics, comfort, driving experience etc. Do you think these experiences they made over the years suddenly disappear? It´s no problem to develop a good car, but it´s difficult to constantly improve and develop new models and designs.

Tesla is financed by morons who are too dumb to look behind the marketing talk.

>>22346770
Yes, just send an email to your broker and they'll reverse it for you.

>>22346654
>holding grudges against anons you know literally nothing about.
NGMI

Green so far but I don’t trust it

Vix still 30
DXY still up well past trend line

>>22346797
You guys are using brokers?

>>22345457

Market is in dead cat bounce aka Mania bull trap.

If you want to lose money get in while you can.

Kek

>>22346798

tesla has a lot of tech advantages, their motors are better than anything the big automakers have. teardowns have proven this.

and they're making a lot of progress in market share. i see a tesla on the road almost every day.

Rolling for Bull trap.

It’s a Green Day don’t let bobos FUD you

>>22346821
Unlike you and your apparent fuckbuddy I've already made it. Second, the fuck you on about?

>>22346750
No. This is not a new topic. We had that a year ago already.

Rolling for bull run

>>22346850
Re-roll.

>>22346867
Smells stinky to me PU

>>22346860
Yes yes, buy the dip
We won't rug pull you

>>22346850
Rolling for trap

>>22346905
I really don’t know why some anons just like to lose money bobo

>>22346486
>Im not playing Im slaying
Slaying zippers with intent to swallow the evidence

>>22346846

Yes, they might be better right now in different areas, but the car manufacturers didn´t invest in this technology. They still pumped billions into the conventional car development. This has changed.

To give you an example, just look at the Iphone. They were clearly the best for the first years, but they lost their advantages over the years and fell behind in some areas. This will happen with Tesla.

People, people, wait for the first + within the hour and sell. Now you are free. Is without doubt going to fall even more today with how fucking chicken headless everyone is running and screaming.

Why are futures grenn? Are they trying to lure me in or are the bulls in control?

>>22346998
Agreed

>>22347008
lure
same thing happened yesterday
and the day before that
and the day before that

I'm leaving to wageslave, anons, good luck today. Hope y'all dont get your shit pushed in.

>>22346893
No bull trap today bobo, we gains today, all day

Last 3 digits is how many points the Dow is going up today

also DUBS

>>22347008
Is green for a during opening hours, but after half day gone by, is dipping again.

slowly but surely

>>22345461
Circuit breakers today.

GME 10/16 15C
this is my lottery winner from wageslaving

GME's stock is going to take a large hit after today's earnings report.
This is most likely your last chance to get in before it goes bonkers, culminating in mid-november.

>>22347138
Since it seems you watch this indicator a lot, what usually happens here in return to how the market acts?

>>22347175
expires worthless

>>22347212
It's a pretty good contrarian indicator imo at the extremes.
Sell when it's above 20 and buy when it's below 20.
Has been less useful lately with volatility high but put/call low.

>>22347165
Don't tease me. I want circuit breakers so bad.

>>22347238
wat

>>22347238
Sell when above 80 I mean

>>22347191
so sell before close and rebuy tomorrow?

Post yfw you realized stonks will never go down again

Why did Nikola moon yesterday?

tech will keep melting everything else green

>>22347008
even during the worst part of the crash were rarely went down every day

>>22347263
partnership with GM
however, that partnership is powered entirely by hype and will likely fail

>>22347256
That's my plan, yeah

>>22347263
tesla panic sellers have to park their money somewhere

>>22347286
Agree
Big companies can invest in big failures, see Softbank and WeWork

>>22347213
perhaps, but considering the short squeeze we are about to see, dont think so

looking for a new broker because RH is shit
i signed up for TDA but i don't like the interface at all
any suggestions?

>>22347337
You don't like TDA's interface or thinkorswim?

>>22347292
EPS estimates (not that itsall that counts rn) are en par with Q1, I see them easily beating it
revenue prolly up too
outcome completely depends on their guidance and if they even give any
no guidance -> stock down 10%
any guidance including coming console cycle -> stock crabs
guidance teasing ecommerce makeover -> stock up 10%

>>22347337
tastytrade only
t. eurofag

>>22347363
TDA
TOS works on the same account, right? is that app only?

>>22347383
With a TDA account you can sign onto TOS. It is a separate app you can either install on a PC or as an app on a phone.

I got this racetram some anon recommend and now I can't sleep

>>22347256
ever since Cohen's had a stake in GME and might turn it around to actually have amazing e-commerce, why the heck would you try and scalp instead of just longing GME? Especially this close to the new console cycle and announcements for it already coming?
This is exactly why GME was such a no-brainer to me since last week. For the past year, the high short interest didn't mean anything because GME was still on a decline even if bankruptcy wasn't possible (yet). Back in April, the squeeze didn't amount to an infinite squeeze because shit was still uncertain (also corona).

Now, it's actually a good plan to long gamestop AND on top of that there's a *chance* for a massive short squeeze. Why should I be worrying about the price going back under $7 after today when I could also miss out on the start of some massive upside or an infinite squeeze? Everything has risk, and you'd be a complete pussy from taking part in the most lopsided gamble in recent times if you back out now.

What i don't understand are the short sellers who haven't covered yet. They have massive massive balls or are just plain braindead. Earnings can be shit but Gamestop has plenty of fucking cash. That's going to lead to either good guidance (secure as many console supply as they can) or they can buy back more shares which keep the stock price stable and make a short squeeze more likely depending on how it's executed.

I think Gamestop is a fucking pussy though and they're trying to avoid an infinite squeeze much to Michael Burry's dismay (who's been bugging them to do share buybacks since 2019). Can they really be booked with market manipulation if it's entirely the stupidity of short sellers?

>>22347373
what about Degiro?
t. eurofag too

>>22347476
I use DeGrio but man they suck ass they have way to much network problems and delays.
They trade fast and has a nice UI but damn they could really solve there network problems.

Why is tesla up 5% pre market? I thought retail are the dumb ones.

If I intend to invest long-term (years if not decades), should I just stick with a combination of ETFs? E.g. one part in SPY, one part in QQQ, one part in a non-US ETF, one part covering more specific industries (like GDX or BAKA)...

Picking which specific company will do well seems like way more of a gamble, and if apparently even fund managers fail to consistently beat the market, what chance do I have?

>>22347528
pre market doesn't really mean that much in this current market.
Don't get FOMO

>shit is starting to dump even before opening
I thought they were gonna do some short squeezing but fuck, blood red today.

>>22347476
>>22347516
horrible UI, no options platform,
check tastyworks man, after that platform everyting else looks like fuckin MS Dos

>>22347530
Spread around see how much risk you want to take.
you could do like 60% in ETF's and the rest in dividend stocks.

>>22346841
You've been saying this for the past 6 months.

>>22345710
I own 3 tesla stocks rn and I have for awhile i never know if I should sell or not

>that red dildo on US Tech 100 futures
Yikes

>>22347079
>Market is slowly going down
Are you sure about that?

I think apple has bottomed. No dump has been able to drive it below $110. Might sell some ITM cash covered puts.

>>22347628
Lmfao he bought tesla

GME anons. In case you guys missed it.
Permit LLC has been taking profits and are now under 5%. They don't need to file any more of their transactions now just like Michael Burry.

This either means that Permit LLC thinks GME is valued too high from the Cohen speculation, or they want to be under 5% so they don't have to disclose they dumped all their shares if GME does squeeze. Or they're just rebalancing the weight of GME in their portfolio.

god wkhs has made me a filthy amount of money but i'm just going to hold on and retire before 28 with it

>>22347008
It doesn't crash without enough people lured into rises to grab the knife.
Don't get sucked into 'oh god it's going up again I'm missing out!'

>>22345872
>
80 dollars.

>>22347698
What are 5he chances appl will pull off +5 % today anon ?

>>22347698
If I buy anything Apple it’ll be hedged with sells or puts at least equal to the buys.

>>22347725
Interesting. Thanks for sharing.

>>22347530
I meant S.MH, not BAKA. Although I would invest in BAKA for the memes alone.

>>22347565
Why dividend stocks over a high dividend ETF?
And what's the catch with some of these crazy high dividends? I saw MLP ETFs that pay like 12% dividends which seems insane.

>>22347741
5% would be pretty amazing and unlikely. I just don't think it will continue to dump at the level it has, should be tapering off or go up 2-3%

>>22345872
$0. Its legit worth closer to nil than its current share price

Got 40k thanks to SQQQ, what should I buy today

What happen to penny stock general? I was gone for a while but it seem like it just uh..died.

>>22347888
they probably roped themselves after ontx failed

Apple 120$ call for January 15th. Thoughts?

Short tesla at 350 thank me later

>>22347810
Thanks I will try to close position on +4%

>>22347908
they keep "rotating out of tech" and realizing there's no alternative. I don't think $120 is a stretch

>>22345457
based cirno making me lose money

>>22347888
DXLG has a nice chart for a swing

>>22347921

I don't short but it's tempting.

>>22347934
I may even shoot for a March call if the price isn't crazy different. Surely apple would recover by then. Hopefully

>>22345968
This post just shows the state of stocks today: there are many investors gambling their money without doing the classic company valuations that wouldve been required to make money 20 years ago. With Robinhood and other $0 cost trading platforms, the younger generation looks to the market as a way to make a quick fortune.....and if you listen to the masses you may actually do just that. But it is unsustainable and just a matter of time before everything corrects and a company like Tesla that has NEVER MADE A PROFIT is no longer able to survive simply by their brand. The question is when will the ride end and how long do we have to make money before shit hits the fan. I believe it is past-due and only Trump's election win stopped a huge crash in 2017. It has the potential to finally crash this week.....and may. But as long as there are young people out there willing to gamble, and Trump is still in office, this shit is likely to cobtinue.

Be careful if a Dem gets elected tho.......bail

>>22347888
They did, got eaten inside out from pnd scams until no one wanted to be there anymore

Green or red I'm still buying. The market goes up over time. Today I'll be buying more VTI and VXUS.

we going up today? is the rat dead?

i still don't trust tech right now and won't for awhile, my hope is that it ranges for a bit before making new moves. if tech starts making new ATH's pretty soon again i think we can all agree it's completely decoupled from the underlying fundamentals and in a bubble, no? i really just want AMD to crash now so im vindicated on my selling and can buy in cheap :^)

I can’t wait for apples dead cat bounce so I can sell

>>22347888
Pajeet biopenny pump and dumps crush the desperate and lazy which is what /ptg/ was. Penny stocks are also moving some how with less volatility than fucking tech megacaps. And the liquidity is MUCH better there so why bother?

>>22348059

Will SPY touch $323 today?

>>22348058
>blowdryer
>fork on pizza
Are you a faggot or a woman?

>>22347731
based and horse pilled

>>22348081
i can almost smell the stench of rotten food on your keyboard and dandruff on your hair

>>22347846
are yu still holding it? i cant decide if the dump is over or not

>>22348107
>dandruff
>what are shampoos
>actually eating infront of your PC
I see how well you projected.

>>22348070
What sort of prices did you people buy at that you're bagholding? jesus

>>22348136
>doesn't dry his hair and eats his food by hand
yeah, takes a fucking genius or to project to understand what happens when you do both
fucking retard

>>22348145
120$ here. And nividia 498$

>>22348165
>infront of the PC
Christ, you're really clueless aren't you.

>>22346770
i need this too except i need refund on my VXX calls

>>22347888
Does /biz/ hate penny stocks? A few seemed to do well. Covid play went from trips to .20 not too long ago. $1k would have turned into $400k at the top.

>>22347138
I should use thing for buying dips.

>>22348145
I’ve had apple since 2018 but it’s became a meme stock so I’m taking my profits before I lose them

>>22347138
I should use thing for buying dips.

>>22348178
Some people here hate penny stocks and options. They only want to hold stocks for years.

>>22345872
i saw yesterday on bloomberg an analyst who thinks $19. yes sub twenty bucks

>>22348191
I’m going to start watching it, for sure. Under 20’s would help go along with my other decision makers.

>>22348221
thanks man great chart !

>>22345710
think about it like this. why would it go back to the same price that it literally just dumped from, when there has been no changes or positive news and its already overvalued for the next 500 years worth of growth

>>22348237
Ah figured, I rarely see penny stock posts. Huge risk, but huge reward if the right one is bought and sold at the right time.

>>22348178
the one penny stock that was shilled to me and i verified the DD has gone up a shit ton since I got it at $0.50 and sold it at $0.60
not that I would have ever put more than $500 in it anyways but man that was basically +84% returns and my portfolio is small enough that it would be entirely liquid.

fuck the speed cameras and shit popping up in my neighborhood though AAAAA fuck! FUCKING SLIPPERY SLOPE IS REAL FUCK YOU
first it was the red light cameras which really just fucks over people who forget it's a red light camera and did a rolling stop instead of a complete stop for a right turn

>>22348289
Penny stocks are gambling.

>>22347969
>>22348020
>>22348071
>>22348178
So now I gotta try to find something else to learn to figure out how to do swing trades or to make good calls? Also never heard of anyone doing that good in penny stocks. 400k top is a lot of cash.

>>22348289
Might as well buy a lottery ticket.

>>22348301
Penny stocks are lottery tickets.
And it isn't like you need a lot more to trade something with decent liquidity and an options chain.

Guys my portfolio has actually gained during the crash and will continue to gain today. It's
WKHS
DPHC
BHLB
VRT

For anyone interested. I'm very comfy no matter what happens cuz they are long term winners

>>22346544
Checkity check and bump for apocolypse

>>22347245
Lmao from what? Covid?

>>22348339
>and will continue
serious question:
when did you open your brokerage account

WKHS going parabolic in premarket again. Did something get leaked?

>>22348361
It will continue to be green today. Read the whole sentence

>>22348365
My nudes

>>22348370
i read it
could you answer my question?

>>22348339
Sorry, but there is no escaping bobo. Giants falling will take everything down with them.

>>22348374
Are you a cute, uncut white boy?

>>22346998
Ive already set my out positions. Gonna take some losses today but im not staying on the Titanic with my dick in my hand. Got $60k cash monies i took out of 401k thanks to Trunp waiving the fee and deferring the tax payment, i can put all that money (must if I dont want to pay the tax) within 2 years and not pay a dime in tax or penalty. Waiting for the despair bottom......im thinking thatll be next Monday

>>22348132
NEVER hold this shit. Sell as soon as you profit. Unless we see March madness again, SQQQ will decay straight in your hands.

>>22348301
Start studying FA. I’m assuming you know TA to be able to trade penny stocks, if not study that after FA.

>>22348385
Nope, I’m Postmaster General Dejoy and I have WKHS tattooed on the shaft of my cock. Godspeed horsies

>>22348178
>>22348297
>>22348301
Kraken Robotics

>>22348313
It's not the same as a lottery. Just like /biz/ you need to dig through all the shit to find gems. There are serious companies in otc and not only scam ceo's selling shares. Extensive dd work is required. It's very risky but comparing it with a lottery ticket is not really correct.

wtf happened in pre-market bros

>>22348447
i hope you weren't one of the retards who finally decided to buy a put or cut their losses on the 3rd massive red day

I've sold a big land that I got with my wageslave savings. The big cash is comming.
Any of you shillers can reccomend me a good book/channel about a solid plan to get a good, steady income in the stock market?

>>22348466
same thing happened on monday's premarket. how did that turn out?

>>22348466
No, I'm the retard who bought the top of yesterday and fell for a bear trap twice in a row.
I am highly fucking bullish on tech and am about
60% FNGU
30% TQQQ
10% TSLA
I know that panic sell offs happen for 3 days and I know that after the sell off there will be a huge bull run.

Does anyone have tweets from Twitter hoes bought high so low on Tesla?
I want to feel better about myself by laughing at them

>>22348475
probably buy a real estate that is really good

because stock market sucks ass

you just converted something physical to magic meme points that could go down

>>22348483
monday was a stat holiday you mong

>>22348491
That’s where you’re wrong kid

Yesterday I went all in on Apple in the very last minute and bought for 112.80
But like a faggot I sold after market for 112.66 when I kept seeing going down with high volume.
I could have made 180 dollars selling it now (which was the idea all along)

>>22348491
>not seeing the most obvious dead cat bounce of all time
Wew

>>22348491
can i ask why you don't just play options when you're 90% "leveraged" already

>>22348521
boohoo

>>22348483
>>22348504
Yeah, Monday was labor day so there was no market. Are you talking about Friday?

>>22348000
>Tesla that has NEVER MADE A PROFIT

>>22348504
It's also doesn't seem to be quite the same. /VX is down and the dollar is a scratch, the last time futures were up this much both futures and the dollar were going up at the same time.

>>22348107
kek what a faggot!

Didnt we break resistance yesterday? This is gapping down hard and fast isnt it? (Like bbc)

>>22348534
Because I don't know how and I hear it's a very easy way to lose money.
I do have some desire to learn though. Buying and holding leveraged ETFs seems like the path of least resistance towards easy gains though

>>22348543
they haven't though, their profit only exists on paper because of subsidies and muh carbon credits

Guys can we actuakly discuss the markets instead of faggot shit for once? Idgaf if some dude uses a blowdryer im just tryna get my money right yahuuurd

Shit. I'm loosing 15% on Tesla at the moment and I'm asking myself what to do. Sell and cut my losses or wait for the Battery Day...

>>22348560
Just because the nasdaq broke through a support line doesn't mean it has to go back down to the next one, although it could.

>>22348544
Dollar is up and it broke the bearish trend since March. This is the most obvious bounce followed by another dump in history

Who diamond hands here?

>>22348221
i prefer using the VIX personally, the VIX being around 80 more or less perfectly called the bottom of the covid crash for example. usually VIX around 40+ indicates great dip buying opportunities if you want to backtest it, during non-"end of the world" scenarios (VIX has only gotten over 80 twice in the past 20 years, those times were 2008 and covid in 2020).

>>22348594
You might be left with NoHands here hoss

>>22348542
I know it was closed, no idea if you still call it premarket or after hours or pre hours or w/e. But this still happened.

Tsla up 7% premarket has to be good news for the market generally

>>22348494
bunp

>>22348586
relax, you know tesla is volatile. 15% is nothing, a couple of normal days moves TSLA that much

>>22348604
Vix will go past 120 this year

thoughts on NLCH?

>>22348565
>and I hear it's a very easy way to lose money
>is 90% in FNGU and TQQQ
uh what? did you just miss the part where TQQQ was down 70% from the March dip? Unrealized losses or not, that's painful and anyone would be retarded to baghold through that dip instead of at least trying to catch the falling knife.
I'm not saying TQQQ wasn't massive as it basically went back to pre-corona by going +400%, but make sure you understand that this is not necessarily lower risk than options. You better take your profits while you're up and buy back in lower unless you want to pray and hope money printer saves your ass long-term

Why the actual fuck is SPCE still pumping?

>>22348636
For it to make up losses from the top it has to now gain 50%

7% is nothing anon

>>22348631
All I’m seeing is a lower low followed by a lower high probability continue to dump

You better come down more market, I got like 2 fills in this correction.. not even remotely enough

>>22346058
That place looks like absolute shit. Why would anyone pay 1.3m for that?

>>22348604
This is exactly why I’m not buying the dip. VIX hasn’t even hit 40+ yet.

>>22348664
It's 3x leveraged. Just divide the number it's down by 3 and it's much more bearable.
Volatility =/ risk.
With stocks, if you select carefully and with due diligence your risk for going to 0 i,e company files bankruptcy or dissolves is very low.
I'm not exactly sure how options work but as I understand you are betting on future prices which is inherently more risky as if you are wrong you lose real money versus all I have to do is not sell and survive the low points in volatility and I don't lose anything.

>>22348631
eh but we're talking about Nasdaq, the US market. I'd argue that the premarket moving based on the rest of the world's trading is less impactful than premarket when US market is involved.

that said I'm not exposed to tech right now and even if I had cash, I still wouldn't touch it right now until it's clear it's not a deadcat bounce. Trying to swing from here is just gambling.

>SCHUMER SAYS THERE IS A GOOD CHANCE A CORONAVIRUS RELIEF BILL WILL PASS-CNN
Yep, this might be it. If this passes the market will continue up until election at least, so buy leveraged shit if it does

>>22348537
Indeed

New >>22348722

>>22348622
Looks like it's going to be green to me fellas

>>22348721
>It's 3x leveraged. Just divide the number it's down by 3 and it's much more bearable.
don't fool yourself like that. 30% up is not the same as 30% down. The leverage and re balancing daily screws you over hard if you baghold through big dips.
Make sure you always have an exit strategy. Having an exit strategy doesn't mean you can't buy back in.

it's just silly seeing you try to downplay the risk of 3x leverage when we've already seen it wipe out almost 3 years of gains when QQQ only lost 1 year of gains.

>>22348628
>Build me an army to die for Israel, my fighting Amerimutts

>>22348660
it really wont. 80 is essentially pricing in the apocalypse. historically the only time it has been higher was on black monday in 1987 but that shit can't happen anymore due to technology and various laws that have been passed since then (also pretty sure they didn't have circuit breakers back then either).

i have a VXX shorting strategy so i know these things.

>>22348721
>Volatility =/ risk.
and as for this, im not sure what you're trying to imply but volatility is bad as fuck for 3x leverage.
Nasdaq's pump was massive and also heavily manipulated which made TQQQ a big winner.
Now compare it to something like SOXL which still hasn't recovered to pre-corona levels because SOXX is inherently more volatile even though it's % growth is very similar to QQQ.

So i earn more money when i can waste and i am kind of a shut in cunt who doesnt go out or wastes that much money.
Thought about investing long-term, is it still valid or is day trading the only way to go with all the last red days? Thought about investing longterm (3-5 years) in companies that will probably never die like MSFT, Sony, AMD. Is that a valid way to go?

>>22348594
Yes, my Nasdaq puts. Fake rebound.

its hard out here for a pimp

>>22348737
>Pelosi, Schumer warn GOP coronavirus bill 'headed nowhere'
uhhh

https://thehill.com/homenews/senate/515478-pelosi-schumer-warn-gop-coronavirus-bill-headed-nowhere

>>22348851
>but volatility is bad as fuck for 3x leverage.
This is a meme. There are plenty of stocks more than 3 times as volatile as an entire index and people don't consider that as risky.

>>22348980
I wouldn't trust the shit they say until something is passed. Congress is filthy.