/biz/ - Business & Finance

Yeah

What will GME finish at tomorrow?

BUY RYCEY TOMORROW AT OPEN
SELL IT AT NOON

TRUMP PUMP AND DUMP INCOMING

First for TQQQ long holder being the best strategy.

Prove me wrong you cucks.

>he STILL doesn't hold xiaomi yet
OH NO NO NO
last chance for you, no-chinkies, before it moons to 100

I don't care whether or not you smoke weed.
I care whether or not weed stocks are actually viable.

Why do the Jews big ABEO down every night after market? Any time it has a ok day it bleeds dry

>>23253019
Those returns.... jfc.

>>23253019
post your tqqq stack

>>23253019
TQQQ is the best, but also the worst due to psychology. In your graph for example, pretend you're a fund manager.

It's feburary, you now have to explain to your boomer clients why their portfolio fell from $80,000 to $20,000

They will sell, they'll never make it. The -75% paper loss SHREDS through normies.

>>23252963
If you aren't a Cannabro or AMChad; how do I redpill you?

Holy shit, Trump just announced in his rally that he is LGBT! Bullish!

oh baby

>>23253019
No one can't you fucking cuck. It has been the greatest thing in the world. Do you think the next twenty years will offer the same return or is there a new etf that will take it's place is the real question you fucking ass fuck. All day. We knowwww tqqq is the best in hindsight. Is it fucking still? And will it fucking be for the next fucking 20 years?

>>23253027
Quality testing, concentrates, and the CBD sister market would like a word. Martha Stewart just released her own CBD line not too long ago, it’s going to become a fad among housewives soon.

>>23253079
When will cannabis stocks give out dividends?

>>23253019

No one really holds SPY long term since they trade the price through options, it's just a nice place to park your money until you find something better to invest in. Like TQQQ.

>>23253089
AAPL is saved!

>>23253016
did he mention them or something? I sold for a small profit I imagine rycey getting fucked over in the trade deal

Show off that portfolio, bros

>>23253107
Isn't the housewife a dying archetype?

>>23253027
My poorfag portfolio for proof Cannabro and AMChad is out here.

>>23253134
Sorry I meant working woman, you’re right

The last two digits of this post will be what NIO is at by EOY

do i take all my crypto and put it into stocks instead? ive already doubled my money and think its time to get out of that volatility for now and go for something a bit more playable in muh stocks.

>>23253127

how does AAPL keep gaining customers if 41% of the users end up committing suicide?

>>23253019
AND there's a dividend. But im liquidating everything and putting in when theres a good dip. I could only do $1000 today which sucked

>>23253150
Yes.
Buy TQQQ
Buy SPY
Buy AMD
Buy RKT
Write covered calls on everything.

>>23253127
Holy fuck you’re actually poor

>>23253127
100% GME

>>23253150
Invest all your crypto into IIPR. its 1.16 div. a share. Has been going up nonstop everyday.

>>23253135
>AMC
wait you bought AMC because of the dumb shilling here but you dont even have GME for the one where the numbers actually make sense

the guy who shilled you AMC had a stop loss at 3.8, you're on your own now

>>23253126
Someone in the last thread said he mentioned it.
I'll go back and rewatch the stream to confirm, but if he did then Rolls Royce will get a nice bump at open since you can't buy AHT and premarket.

>>23253127
>SPCE
My man.
>No PLTR.
:(

>>23253197
I am shilling AMC. AMC is GME2.0 or Netflix3.0

>>23253012
4:00 P.M. ET

>>23253225
PLTR's in the other account

>>23253150
Bitcoin has unironically been very impressive lately, but if you're in altcoins then yeah obviously

>>23253230
Your DD sucks, gtfo.

Is this enough volume to swing trade this company?

>>23253127
this was from Oct 8 but we're going back to $13 soon anyways
just a bit more and i can graduate out of shitty oversaturated pharmacy school debt free. Corona has been so fucking kind to me as a poorfag student, government gave me $10k maple dollars to put into stocks for some reason

too bad i didnt buy calls

>>23253269
Whats your portfolio looking like then; redpill me on why AMC isn't THE stock to buy. remember scared money doesnt make money

>>23253230
>AMC is GME2.0 or Netflix3.0
>GME2.0
lol

you dont even know anything about GME, otherwise you'd be 100% in GME like a bunch of other retards here

>>23253253
kek

Someone shill me on PLTR and SPCE, they've been on my watchlist for a while. I've been waiting for PLTR to go to $9 for a possible entry on a small portion of my account and SPCE is my next covered call target (halfway to affording all 100 shares right now).

Is PLTR really just a gubbermint meme though? I bookmarked some of their filings but I haven't browsed through them yet.

What are we thinking tomorrow for airlines boyos?

I'm all in AAL and today wasn't great but I have great confidence going forward
>NAWT

>>23253314
I was too late to the party. I'm looking into the space sector; SRAC is unironically the next moonstock.

>>23253302
>they are going bankrupt soon
>no stimulus
>lockdowns
>movies are literally gay at this point and no one give a shit
>bollywood movies dont make money in american theaters

BTFD on ol' Palantir ?

>>23253262
i'm in the same boat. Should I sell my ETH and just put my money in TQQQ and watch it grow at a decent rate? It's only a couple grand.

>>23253302
My biggest position is GME because I spent about 50 hours discussing DD and reading financia docs, plus relying on research from smart people like Doperiala and Prather.
There's still no DD in your post.
AMD has no cash flow and no growth prospects, get the hell out and stop shilling tickers if you can't show DD.

>>23253384
*AMC
obviously

Just want to add I think COVID will be over November 4th and the American economy is doing great.
AMC is still fucked.

>>23253148
Fuck yeah

>>23253288
are you just gonna try and buy it around $72 or what's your plan?

>>23253377
If you're gonna buy into the TQQQ meme you need to have titanium fucking hands. Losing literal thousands in a matter of minutes will make you sick. The Chad move is to dump it all into TQQQ and uninstall robinhood.

>>23253371
It could go to $5 for all anyone knows, that said, the premiums on covered calls are sweet.

>>23253127
This was a few days ago but the holdings are still the same today..

>>23253405
Well I guess we shall see come christmas. Sants will take AMC and will go to the moon.

>>23253384
the AMC thing was just something I brought up as a meme because it was the other stock mentioned in this fool article:
https://www.fool.com/investing/2020/09/20/2-stocks-id-avoid-at-all-costs/

I don't know why this one anon latched on to it as a serious proposal

>>23253420
This unironically. The Saudis do this, minus the RH.

>>23253422
hell maybe i'll just sell cash secured puts and if they hit, they hit.

>>23253347
look you sound like a total newbie, you really need to start reading up on shit, even just education under investopedia, before you start picking out individual stocks

you clearly have no idea what the DD is on GME is if you think
>I was too late to the party.

The GEX is at all-time highs. What is happening?

When will the next dip be? My money was tied up during septembr and I missed all the cheapies

>>23253016
>>23253126
>>23253224
Curious about this too.

>>23253078
This is how you can beat the market as a normie with options and leveraged etf's. You actually have an advantage because you can take the extreme drawdowns when they can't.

>>23253482
tomorrow

>>23253330
All you need to know about Palantir is the government is their biggest client, and they've been so for years.

>>23253482

>>23253422
It's a single contract away from busting a nut upwards.

>>23253416
buy around 70, hold for a month, sell at 80+

Alright coomers, trying to find a good buy-in point, I've highlighted the recent lows, any anons good with TA mind sharing some advice?

>>23253471
I'll never FOMO into GME. Im happier sitting on the sidelines watching the field, plus I do DD, just not on companies Im not interested in. Such as SRAC. what do you know about SRAC anon? I'm not gonna show you my homework but I will show you my answer: https://momentus.space/

>>23253127

>>23253542
why don't you just do credit spreads and/or condors if you're confident about that price range?

do you think GME will release q3 report before console launch?

we pump tomorrow right? I need my AAPL calls to print, theyre in my fucking roth IRA
please tim, please

>>23253434
I wish you luck. It could happen, but I really don't like their cash flow situation. They don't have a cash cushion to survive operating at a smaller capacity for a few more months. People in California and New York think the sky is falling. DENN and even the cruise lines have a better chance than AMC.
I don't like risky bets. Comparing your position to GME is wrong because GME was not a very risky bet in comparison.
>>23253436
That's what /smg/ is for. You brought it up nice and early, and you got many replies explaining the risk.
I looked into the financials and noped out of there fast.

>>23253518
yeah but them gainz on the premi are guaranteed

>>23253578
hope theyre dated after earnings

>>23253560
>Im happier sitting on the sidelines watching the field
well it'll be a good opportunity to learn firsthand what opportunity cost is

not even GME, but if your shit isn't even outperforming QQQ or even SPY, you're losing money, remember that

>>23253460
I still don't know if I like selling puts.
I have to convince myself I don't mind being assigned, but the more convinced I am, the more I find myself wishing they had been assigned.

>>23253542
sell you some puts when we get to $70ville

>>23253577
https://www.marketbeat.com/stocks/NYSE/GME/earnings/

From the past I'm guessing either late november to early december?

>>23253600
That's why you buy an itm spread.

first for fuck wells fargo

>>23253516
thats how your money gets tied up

fuck that shit

>>23253561
>fake portfolio
Anon lets exist in the real world.

>>23253594
>I looked into the financials and noped out of there fast.
basically

can't believe it's somehow worse than airliners. How the hell is an EPS of -20.88 possible, what the fuck did they do that quarterly

>>23253621
if you get assigned turn right around and sell the calls. you can even sell an ITM call and breakeven if you're desperate enough. Theta Gang 4 lyfe

>>23253623
>>23253577
Q3 earnings is estimated to be reported on Nov 25

If we don't get a squeeze on news before earnings I'm gtfoing before and buying back in after.

PLTR is going to be yuge

>>23253627
that's also how you make slow, consistent profits and sleep and night

>>23253663
>Q3 earnings is estimated to be reported on Nov 25
ffffuck im still traumautized by the Q2 coinflip

I'll probably only sell like a quarter going into Q3 just to be safe. I get the feeling there might be a chance they actually beat earnings (only have to beat -0.83) with the 1UP sales they're having right now to match Prime day

oh neat, the WSTL $1.48 <999 share buyout hit the brokerage today. didnt know about a $38 fee but w/e

>>23253019
damn imagine selling in february then buying the bottom. lodes e mone

>>23253663
>>23253623
>11/10 xbox release
>11/12 ps5 release
>q3 maybe 11/25
>wild card announcements/the big squeeze from now until then
its getting HOT

>>23253098
Yes thats what I was thinking too. Great questions.

>>23253628
there are bigger here

>>23253738
>only 15 days till after console release
>Holiday sales not factored in

this is gonna be a spicy boy

>>23253255
Based. We're all gonna make it. :)

>>23253706
Earnings is the only possible event that could break momentum at this point, because unfortunately it's pre-console numbers.

If they beat earnings (and we haven't squeezed) it's gonna nuke shorts and trigger the squeeze. So on good news insta-buy
But if they miss earnings it good be a long fall (and a tasty dip)

Also marks a convenient time to rotate from Jan to Apr calls

Though desu I really think we'll squeeze before earnings

>>23253738
there are a lot of things they can do to offset bad earnings, but i don't know if gamestop cares enough to do that since they seem pretty damn confident in their long-term outlooks which is why they've been generally tight-lipped and hands off with all the FUD articles and short seller manipulation overall

$101 million left in authorized share buybacks, hopefully they used that up this quarterly when it was still single-digits

>>23253767
I think cohen might announce he bought the .02% more right before/right after console release just to stabilize everything. the big bois we know that are involved are long term movers

>>23253738
>>23253767
>>23253829
shit bois are you trying to convince me to hold through earnings? Feels sketchy as fuuuuuark

Bag a total us market fund and sleep well. cause the only way you'd lose is if the whole u.s economy just went tits up.. Say, march this year was a prime example. You did take advantage of this once a generation opportunity epic dippy right. After all it ain't like a deadly pandemic just happens every year or 10 you know.. Next time something this bad happens, hell we'll all be dead so we won't give two flying fucks.

>>23253851
sell the squeeze once it reaches infinity dollars and buy back in before earnings to watch gamestop overtake amazon

>>23253019

For anons who do DD - Where do I learn to do this? I trade mostly on charts but I want to learn to be a super cool investigator like you guys who can find undervalued companies .

Downsides to just putting what i have into tqqq? i'm still 20 years or so away from "retirement" and have a solid income so i'm not too worried about big dips.

talk me out of putting most of my holdings into tqqq and just walking away for a while

>>23253851
My plan is as follows

>No more good news/not enough to trigger squeeze
Cut losses before earnings, possibly buy the dip if earnings don't go through

>Squeeze happens
Trim portfolio to lock in earnings and buy the dip after earnings

>Squeeze happens AND earnings are positive
Line up to deepthroat cohen

>>23253870
Do you know how to read a balance sheet and revenue statement? It's easy to learn the basics if you don't, but generally you just read through a company's SEC filings

>>23253870
ah tqqq, a value stock choice and not a triple leveraged large cap etf

>>23253876
If Biden wins there will be a massive capital gains tax avoidance dip you would be able to buy

>>23253851
no matter what im going to sell my calls and 75% of my shares before earnings. ive already flipped a few hundred shares and bought back in when I heard about the leaf investor. if I miss out on some profits oh well im doing what I can to protect my bundle, I started in 4 digits after GME train Ill be playing with 5

>>23253561

>>23253790
im too greedy for my own good and i might just hold through Q3
maybe if it's already $20 by Q3 then I can feel good about trimming like 15% of my position

surely this time they can at least give good guidance

>>23253929
>maybe if it's already $20 by Q3
Honestly we need 1 or 2 solid news pumps to get us there. Hell this schnoz-man arriving on the scene will probably get us to $15 tomorrow

>>23253929
trim 30 percent for the lean mean green portfolio.

>>23253954
One can hope, we were so close last time.

>>23253098
A literal global shutdown couldn't take TQQQ down. Line ALWAYS go up in the end, Anon. You cannot deny the facts.

>>23253490
this is what i am thinking. my income and savings are fine so my stonk money is for "retirement" or fun. whats to stop going all in for tqqq? even if it dips the circuit breakers will hit before it completely crashes.

>bro just go all in TQQQ

Is that a double top forming? Isn't the end of the month gonna be pretty bad, then even worse when Joe wins.

>>23253851
nah I still recommend trimming some profits
but I definitely want to be the majority of my position through Q3 because the moonshot coinflip is what we're in this for in the first place

>>23253985
wont matter at that point

theyll pass the fattest stimulus possible and ruin the entire economy. dollarydoos will be worthless.

What's this pattern called?

>>23253973
What is the name of the site where you got the screengrab?

>>23253973
Meanwhile SPXL still hasn't recovered.

>>23253964
yeah, that's basically the idea
trimming 30% would cover my cost basis entirely
but realistically since I'm holding shares, it's not like the potential downside is 100% so I'd rather just trim 15%

>>23253985
SQQQ is where it's at for here on out.

>>23253479
Looks like the last time it spiked the S&P ramped up and did the September blow off top.

>>23254028
a wedge
i dont put too much weight into that pattern bullshit because there's both a bullish and bearish interpretation for the same pattern

BUT the idea is that one of buying or selling pressure is going to give in first

>>23253973
I'm not even doubting it. We just can't assume it will have the same performance over the next twenty years. Who fucking knows. Does it seem logical it will? Yes. Does that mean it will? Absolutely the fuck not. A time machine would make this much easier

>>23254108
do we have any past examples of 2x or 3x leverage in bear markets

>>23253893
No. Where do you learn this? Theres a ton of resources online that teach you TA and stuff, but I would like to learn about fundamental analysis without paying thousands of dollars for a meme trading course.

A shitty q3 for GME will be partially priced in I’m sure

>>23254134
any chart software will do it... just make sure to pick the right sector to go all in.

>>23253559
Support is at around 11.50, but today it held 11.80 pretty nicely. So if you could buy around 11.80 that'd be good, but who knows what's gonna happen tomorrow with this new SEC filing.

>>23254190
I'm just hoping that shorts get absolutely fucking dabbed on

>>23254028
Avengers age of ultron pattern.

>>23254140
Find a free accounting/actuary course online. Learn double entry bookkeeping mostly, google anything you don't understand.

A balance sheet literally just lists what assets and liabilities a company has. Cash, stocks, land, property, trade secrets, contracts, receivables, etc those are all assets and a company would record those. Stuff like loans, leases, accrued expenses, deposits, payables, those would be all liabilities the company would record.

The actual specifics depends on what the company does and what sector they operate in, but it's very easy to grasp the general picture of how healthy they are financially regardless. I'm no expert in the field, but even I can take a look and go, "Yep that company won't exist in 10 years."

I’m looking to put all my life savings and exhaust all lines of credit for GME shares tomorrow. Worst case I’ll just file for bankruptcy and be back in 7 years. lmao what an easy system to scam

>>23254046
Reminder that bears will never win.

Even if you had /pol/ as your financial adviser and seen the kung flu coming and purchased it back around January or February, you had exactly one month to collect any earnings on it. You could've certainly collected a pretty penny on it, but only if you predicted the market perfectly. If you didn't, you would lose your ass.

Every accusation TQQQ has leveled against it (hur dur don't hold over a week) is far, FAR truer for SQQQ, because the simple fact is that
LINE
ALWAYS
GO
UP
It go down sometimes too, but mostly up.

>>23254187

>>23254237
with this second gay ass wave of lockdowns coming im thinking line's about to go down

>>23254224
Wow thanks, so FA is more in tune with pure accounting than with "trading"? What other skills does an accountant need to be able to look at a company and determine if they're undervalued and wont be shorted/manipulated by mms and funds within the timeframe youre looking at for your investment? Sorry for the stupid question

>>23254229
Holy Based

>>23254237
the big play was in OTM puts on shit
SQQQ is retarded no matter what

>>23253150
The only coin you should have is bitcoin, the rest are ponzi schemes.

Why is the rest of /biz/ cryptocoins?

>>23254347
BTC has the blocksize fork concern
ETH has will v2.0 be a thing concern

DESU I think Link is the most likely one to prosper in a second bullrun

>>23254370
Fuck off

>>23253566
it just goes straight up or down for like a month and a half, doesn't go straight

>>23254328
Mm, that's more inline of what's expected from an equity analyst moreso than an accountant. I don't really have the experience to say on the matter whether a company is over or undervalued fundamentally, because, well, I'm not an equity analyst lmao. I honestly just look at assets > liabilities, if they have revenue growth over multiple periods, and I take a look at their stated risk factors and how they plan to deal with them (usually all of this is found in their quarterly filing alone).

>>23254363
/biz/ original sin
The board was created as crypto containment and is forever cursed to be overrun with pajeet scams and rugpulls till the end of time

>>23254386
this is my opinion from a sheer macro trends perspective. IDGAF about sir gay.

is signing up for w*bull worth it just to roll the 2 stocks?

Futures going a little nuts, calm down

if im just a retail buyer of shares, is there any chance rh doesnt even have the shares yet and later "refunds" me for shit that I bought at a lower price after the price skyrockets?

>>23254442
ywn have cameron diaz grind into your cock at a million Gs

>>23254477
This would never happen and would be grounds for a huge lawsuit.

>>23254474
Monday was the bull trap. Expect a huge sell-off shortly

>>23254399
I literally can’t even scan the rest of this board. I’m too scared I might be gaslit into some scam from the convincing propaganda. The scams on smg are enough.

>>23254237
>/pol/ as your financial adviser
This made me laugh. I wonder how that'd go.

>>23254391
Makes sense. So by just looking at it from an accounting pov, you can find good trades to make? This is new to me and why I say I want to learn about it, I thought FA traders had to have some sort of inside or deep knowledge of the market and its players, not just analyze reports.

Do you mind sharing what your trading desicion making looks like? In other words do you find an interesting company and just start reading its quarterly reports and make a desicion to enter a trade based on that or is there something more. As a TA trader most of my trades are based on chart setups and just trying to find strong trades and jump on them.

>>23254134
QLD (2x QQQ) has been a thing since 2006

>>23254522
I ‘invested’ in /biz/ shilled crypto in the last bull run and 95% of my picks went to 0

>>23254500
okay thanks I just figured as "some dude" they dont give a shit about things could happen. I mean eventually someone will not allow their shares to be borrowed, but I guess at that point retail longs are fine its the institutions that are going head hunt the shorters not take shit out of my pocket for no reason

>>23254522
I clicked on some random bitcoin faucet link that was being spammed on biz a few weeks ago. It gave me a Trojan and I had to wipe my computer. Didn't have an antivirus installed though so maybe that's why.

>>23254151
expectations are already low though, if they still can't beat -0.85 then i think we all have to seriously consider the ability of GME to return to positive cash flow

for comparison, BBBY hit 0.50 EPS on their recent earnings. DDS which is like Sears, hit -0.37 a couple months ago despite covid

>>23253600
>>23253625
I will research spreads.
I'd be happy to run the wheel, my fear is NOT getting assigned after I've done all the research to make sure I can accept assignment.
I guess I just sell more puts at that point. If I'm really confident about the underlying I think I should still buy it outright.

>>23254248
I'm thinking about this too, hoping it's more a buy the dip pullback and not a crash

>>23253656
Meant to quote you in this post too >>23254618

>>23254549
yikes, it was a turd 2006 to 2011

>>23254527
I segment my trading into two categories: etfs and individual stocks.

My fundamental ideology is that etfs are broad and diversified enough that they are "mathematically ideal stocks" (geometric brownian motion, constant volatility on small timescales, etc), and I use some mathematical assumptions I've made to trade spreads on those. I almost never buy etfs directly, just spreads. etfs I generally keep on a list include spy, qqq, their leveraged versions, vxx, uvxy and svyx, qyld and tlt/tmf.

My fundamental ideology on individual stocks is, it's pure gambling. I can look at their balance sheets, but nothing is ever a guarantee. These I'll buy and write covered calls on to actively reduce my cost basis. If I'm obligated to sell, so be it, but it is at a profit and I'm totally fine with that. I'll often funnel profits from these call writes into etf spreads or back into other stocks to write on.

count on gme

>>23254618
if you're scared, say you're scared

where can i buy halb

>>23254677
its otc so either your broker offers it or it doesn't. i know schwab does

>>23254677
only went 80x today, probably has another 200x in it

>>23253479
Most likely a giga whale is expanding upon what softbank did.

>>23254711
what did this nigga mean by this

>>23253098
fuck

>>23253652
>>23253652
>>23253652

Finish this one after we hit bump limit

>>23253078
Truly, TQQQ is only for iron handed CHADS. Weak wristed virgins will never know the taste of sweet prosperity.
>>23254108
>But you don't know line will keep go up!
Silence, cuck. Line always go up in end.

Do you know why? Because our financial system is a high tech version of chattel slavery. By using federal reserve notes, fiat currency, (soon to be wholly digitized numbers on bank accountant's screens, without even a physical form to accompany it) in place of anything of intrinsic value, the government allows banks to offer fractional lending, allowing the creation of near infinite dollars from comparatively nothing. When you combine this with the federal reserve, what results is a system of literal cancer, unending """growth""" that can never stop, lest it collapse under its own weight, a system that siphons the energy of labor and value from an unsuspecting populace, through the devaluation of the currency they are bound and gagged to.

https://youtu.be/iFDe5kUUyT0?list=PL31gTwZs1cgz112mn8kz0KjKUcQWjLmL_&t=640

No, Anon, line will ALWAYS go up, because the system is designed in such a way that it demands it. It will go down just long enough to shake the weak out of the game and cause small businesses to be subsumed by the larger tumors on the system, but in the end, line ALWAYS go up.

>>23254757
>this early
fuck off

>>23254762
I can't ever advocate for buying tqqq 100% without SOME sort of hedge.
tmf is the obvious choice, but lately I've been thinking of maybe seeing how writing bearish credit spreads or buying 3-6mo otm puts on tqqq while owning it, on the premise that I actually expect to lose money from those hedges but it's alright because it should still massively outperform qqq or qld, and maybe even outperform barebones tqqq by avoiding large drawdowns to begin with.

Just an idea right now though

>>23254779
It’s a split off from the last thread

>>23254651
Again thanks a lot, you obviously know a lot more than I do about this and have a system in place. I appreciate the info

why is there two threads you fucking retards

>>23254935
oh noooo, a thread for a crypto scam had to die, oh nooooooooooo

>>23255010
Based

>>23254757
and if I refuse?

>>23254668
>say you're scared
>my fear is NOT getting assigned

>>23254762
So fucking based. And you seem to have a deep understanding of the system; it's true the part regarding infinite growth regardless of the administration or economic climate

>>23254762
Redpill me on TQQQ why does everyone say its a super short term only and that it should never be held for long times? What is the jew trick in it can you lose money even if the rest of the market is moving up

Should I buy roblox stock when it has it's IPO
It's basically buying fortnite jr.
Does roblox have chinese overlords?

I've seen that the housing market is insane recently. Can anyone confirm? I might start buying the dips on NAIL if it keeps up the same pace

>>23256218
define "overlords"

>>23256242
Tencent.
Or significant Chinese population on the board.

>>23256082
There are two components to this:
1. TQQQ can have big drawdown because of that leverage
2. Some anons tend to mix up the problems with leveraged commodity futures tracking ETFs (and similar) and assume TQQQ is similarly affected by contango. Go investopedia and search contango if you're unfamiliar with that term. Contango on, for instance, a 3x ETF tracking oil price futures, results in a chart that is perpetually stuck in long term downwards trend with momentary spikes way up along the way. You don't want to long hold that kind of leveraged ETF. However, TQQQ and similar leveraged index ETFs are less affected by contango and do outperform their benchmarks in long term. TQQQ would be a very bad idea in protracted bear market that extends over a period of years so you pay closer to attention to it than you would an unleveraged etf.

>>23253624
Remember your pay pigs are only allowed to edge, never let them cum

>>23256082
>>23256368
The simple solution to this is keep riding the trend and pullout if trend breaks. Jesus christ, it's like people have to hold unto shit forever or not buy it at all.

>>23256412
>The simple solution to this is keep riding the trend and pullout if trend breaks.
Correct
>Jesus christ, it's like people have to hold unto shit forever or not buy it at all.
Correct.

>>23254134
SSO, the 2x leveraged S&P was around before the great recession and even if you had bought the top in November of 2007 you would have double the returns today vs. SPY

>>23256443
Yes 2x index ETFs backtest really well.

CRSR..bros..........

>>23256227
eh. not insane like the stock market gains

older sis bought a semi at $640K maple dollars at 1.8% interest rate, signed like 3 months ago, finalized now and similar semi a 3 minute walk away sold for $770K more recently
sis got a deal on the house because the owners were such hoarders that arguably sold for $20K more back then if they had just cleaned it up

so that's only 15% gain after a few months, nothing special, but i mean you gotta pay rent regardless, at least the mortgage will actually be cheaper to pay (oddly enough)

NASDAQ or S&P 500 and why?

>>23256368
Thanks. I was curious why almost every article I can find on it says its only a short time investment, they mention how it suffers from decay and I still dont understand how its affected by volatily

>>23256622
Nasdaq cuz gains

>>23254850
>tmf is the obvious choice, but lately I've been thinking of maybe seeing how writing bearish credit spreads or buying 3-6mo otm puts on tqqq while owning it, on the premise that I actually expect to lose money from those hedges but it's alright because it should still massively outperform qqq or qld, and maybe even outperform barebones tqqq by avoiding large drawdowns to begin with.
It's a worthy consideration, but I maintain that the best hedge for TQQQ is simply holding it longer. Remember; line always go up in end. Paying premiums for protection introduces a very volatile human element into an otherwise simple system, as now you need to try to figure out when exactly is the best time to buy your insurance policy. I mean, big things like corona were visible from January and February if you were paying attention, and I could get buying a couple puts to hedge yourself if you were that worried. But overall, I think it's smarter to just try to ride out the small shit, because line always go up in end.

Also, to be clear, I exaggerate for the sake of my own amusement, but in all seriousness, I wouldn't use TQQQ for a retirement account, because obviously there is a definite date where you need to access that money (aka when you retire). If you can't simply wait longer, you don't have that "hedge."

>>23254850
>>23256840
Tell me if this is stupid:
TMF is inflated because of QE and will fall in 2022-2023 when interest rates rise.
TQQQ/UUP until that happens, then TQQQ/TMF.

>>23256898
QE years in pic.

https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&showYield=false&reinvestDividends=true&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=TQQQ&allocation1_1=100&symbol2=TMF&allocation2_2=100&symbol3=UUP&allocation3_3=100

>>23256840
Why buy puts instead of selling calls?

>>23257036
Oops meant for: >>23254850

>>23256898
What is UUP?

>>23257053
> seeks to establish long positions in ICE U.S. Dollar Index futures contracts with a view to tracking the changes, whether positive or negative, in the level of the Deutsche Bank Long USD Currency Portfolio Index
I noticed that when QE periods end, stocks fall (obviously) but TMF also falls. UUP does not. I'm not sure if I should expect the same thing to happen again when interest rates rise, assuming they do.

>>23254525
Like this

>>23257139

>>23257216
What exactly are you laughing at? /pol/ unironically called the March crash. Check the dates of the posts.

>>23257697
How amazing. Someone predicted the market would suffer if a major disaster were to happen. How could they have done this? Btw, every day someone is cold reading a new larp using potential things on the horizon based on what's happening now. That's what /pol/ does. There is a HAPPENING thread there at all times with a new larp. A broken clock is right twice a day.

>>23257928
/pol/ is legit only news source I trust these days, Q herself posts on /pol/ every now and then too

>>23258041
>Q