/biz/ - Business & Finance

Pray 4 XIV

bump

>when you yolo'd before the dip

Sold RAD for a $480 loss on Friday, picked up AMD, up about a hundred on it at market close. I'm hoping I can at least get back to even on my balance before I go camping this Friday

I tried playing NVDA earnings like a sucka. Held 4 shares and lost about $70 in 10 minutes. Naturally I figure it'll go up, but the dip late Friday got me thinking about some other things I've been looking to buy. So right before close on Friday I sold 2 of my NVDA shares and a couple FNG shares and bought one TAL and one MELI. I'm starting to think NVDA will rebound quicker than either of those other two will go up, so might buy back in. Thoughts?

>>3054859
>bought the shop dip $3 too early on thursday
>balls deep in baba before all this NK shit so my portfolio is getting fucked
>sold all my weight watchers 2 weeks ago to profit take after the call....its up $7 since then
>my ytd return has dropped 8% within two days

ODP bounce play?

https://finance.yahoo.com/news/trump-plans-china-very-angry-200000509.html

oh shit i just came across this

rip my baba stock

B U Y
C E I

AEZS is mooning today, get in as soon as the market opens

bump

>>3055749
Got in friday with the others, monday morning hype with my coffee.

>>3055781
why is it mooning today?

>>3054196
cant find rgt on bittrex

hwkn

I'm only going to say this once...

Get $NOG and get it now.

The price will steadily climb all week.

Not a full moon mission, but expect to triple your money within 10 days.

See you on the other side, lads.

Every day, we get closer and closer to the inevitable correction/crash. The higher the markets get and the longer they stay there, the more cautious you should be.

https://www.streetinsider.com/dr/news.php?id=13199668&gfv=1

YES OH MY GOD FUCKING YES

THERE WERE THOSE WHO SAID THIS DAY WOULD NEVER COME. WHAT ARE THEY TO SAY NOW.

S U G O I
U
G
O
I

premarket lookin pretty good

>>3055313
I bought Shop on the Dip and up 5.25 a share... Only wish I bought more. Not sure if I'll wait for 100 to sell.

>>3058134
CVM MUH NIGGA

CVM already beat its 52 week high. SHUTTLE GONE, maybe next time.

>>3058666
GO AWAY SATAN

App going crazy again

XIV

>>3058778
How does XIV and VMIN work?

>>3058665
Yeah SHOP is an underrated meme. I tried spreading it around here before the earnings call 2 weeks ago but everyone was busy with fuckboy pennystocks and averaging down on AMD :(

Has robinhood been shit for anyone else the last couple days? I'm getting notifications way late and my limit orders arnt going through

COME ON CEI

>>3058836
it keeps on flipping my portfolio with my buying power, then doubled my buying power, then completely crashed.

>>3058836
>>3058846
what a wonderful broker

Buy JNUG?

>literally 2 people talking about CVM

Jesus Christ this used to be /ourmeme/ did everyone seriously get that assblasted last time???

>>3058904
I'm thinking that too, but I'm not sure if it'll go any lower.

Should I buy the ZYNE dip? Below its 52 week low and crashing?

Any ZYNE bagholders here?

>>3058836
Now it's taking forever to get my money back after I cancel a limit order

>>3058913
This general has a way with culling the meek. I bet half the people here have been here less than a few months and won't be here much longer than that either. Just take a look at the /rgt/ trip graveyard. It's a very long list.

THE BULL IS BACK MOTHERFUCKERS!
>UVXY NIGGERS BTFO
>"SELL ALL MY STOCK FOR DEFENSE STOCK" NIGGERS BTFO
>DYNASHILL NIGGER BTFO
>AMD NIGGERS STILL ON SUICIDE WATCH

>>3058056
What makes you say that, Anon?

>>3058963

Defense is up big today lol

>>3058797

You turn your capital into shares of them, then you try to turn the shares into more capital at a later time. Personally I have a few shares of each and they're worth more now than what I paid for them on Friday. Sooner or later I will sell them and buy the UVXY when shit hits the fan, but until then I will keep my shares to try to get maximum value because these shares are like fucking gold and I'm not giving them away for nothing.

>>3058955
>/rgt/ trip graveyard
yep I remember noko bro and pimple

BSTG moon when?

Anyone remember wipe?

>>3058953
>>3058836
Thanks Robinhood!

>>3058982
Yeah but theres people that legit went all in. Could've made a lot more by hodl'ing/buying the dip on regular shit

>>3059016
Just happened to me too

wtf are they doing?

>>3059016
Mine keeps fluctuating between +5% and -5%

>>3058963
shut up nigger

>>3059084
like really why do people talk shit when i said to buy uvxy at 28.5 and yet some dumb fuck acts like i said to buy at 45. fuck off and suck my cock nigger.

>>3059163

>buying the VIX
:small brain:

>buying the VVIX
:exploding galaxy brain:

>>3059163
>being this mad about a shitpost

>>3059185

>>3059084
>>3059163
Pls dnt git mad. You and boardshorts are my two favorites. You two gib good advice and I've learned a lot from you guys.

what happened to just saying 'lol'?

>>3058056
I put like 100 on ut anon. Let's hope youre right.

>CVM was up 80% premarket

Remember to always take profit, lads.

>>3059346

Real valuation isn't a smooth process, almost always initially overshot

COME ON CEI

GALE getting ready for blast off

Is the pain finally over mommy su?

>Yahoo fucked with their chart format again

>>3059434

It's only just begun, young one.

https://www.bizjournals.com/austin/news/2017/08/11/why-amds-largest-shareholder-sold-tens-of-millions.html

MBRX down 7% to 2.50.... ER report today. Bad ER anticipation?

Thinking of buying it hits 2.40 or 2.30

>>3055781

No moon, but it will be an easy 1-3% swing trade last it was on Friday

>tfw missed the dip a little bit ago

>>3059507
DELET THIS RIGHT NOWWWWW

>>3058134

>25% on good FDA news

kek

They're also going to dilute again. Calling it now.

>>3058963
>"SELL ALL MY STOCK FOR DEFENSE STOCK" NIGGERS BTFO

I think that was just me. I kept a cool head though and held my bags. Still just 100 dollars under but I'm certainly much better off than I would have been if I was all in defense today.

CEI pls

>>3059771
KTOS doing well.

>>3059783
What do you know about CEI that we don't? Or are you just praying?

>>3059838

He's got bags.

>>3059790
KTOS looks like it's just been going up and down 4$ every month

xon

Anyone else holding natural gas stocks? CHK been killing my gains.

Why didnt I buy the TSLA Dip after Goldman Sachs did their hit pieces

$AVEO is going to moon within the next two weeks. It's already going apeshit just off of rumor alone. This stock gave us a huge pop when I called it the first time. This shit is tensing up hardcore for a huge pop. Keep an eye on it, I don't think you can wait for an entry dip, it's been going up for days and just went past the 52-week high.
Their drug has something like 15-20 days left in the 67 day timeframe from CHMP approval for the EC to approve. It could be at any day from here on in.

>>3060234

>gambling on biotech results

You guys never learn

>>3060247
What about Biotech earning report? MRBX

DRYS!!!

>>3060247
I got in at .75. I have a 300% return and growing on this. "I learned" that it's lucrative as fuck if you actually read the white sheets. The FDA rejected it based on the testing not the drug itself. They felt the people in the test weren't sick enough. The approval rate for drugs that pass CHMP is 97% so if you're expecting it to be that 3% outlier by all means go short and prove us all wrong.

>>3059163
What is a safe entry point for uvxy?

>>3060305
whenever vix is in the 9's

Alaska Airlines stock has been sliding down for nearly a month from the high price of 90+ dollars to 85, I imagine that there are many bag holders who won't sell for such a loss, so the price should at least quickly jump a few dollars then slowly climb up to 90, if you want to buy something that might make a few percent, watch ALK

>>3060305

A day before the market is about to pull back or correct

>>3060299

Is this a serious question? You do realize those small cap R&D biotech companies bleed money, right? Earnings have little to no effect on the price.

>>3059838
Not that anon but he is praying. They are releasing earnings after hours so either its gonna rocket or tank. Im gonna hold these bags till tomorrow though

>>3059507
who is this semong demong?

>>3060301

You got in at the right time

>>3060376
Lisa Su, AMD mommy

BTCS

holy shit

Cei is poppin off rn wew lad

Who else is in this XIV and VMIN for the long term comfy gains?

>>3060794
Is trading the XIV and VIX the real secret to success?

>>3060904
Grtting on the cei moon trip is bud

>>3060904

Yeah I think these broad index funds and volatility maybe the trick. There's a reason they all impact each other so magically, just get in and get out when you see the writing on the wall.

1 share of AMZN or 11 shares of XIV?

>>3061303

XIV is something you just value invest in and accumulate more and more of over time, then just watch the market carefully and dump it when it starts to dip, take an oxy, wait it out, then use that money to buy even more XIV when it goes on sale, you'll end up with more shares than you sold rinse and repeat.

How long does it take to get Robinhood Gold/is it worth it?

This thread is dead

Where the hell is everyone today?

>>3061714
It's instant.

The after hours/pre market trading have helped me save money/make some before the plebs storm in. The margin is kinda iffy, you really shouldn't spend money you don't have, but you can make decent gains using it on safe plays.

>>3061763
Maybe they an hero'd on Thursday's dip? The past few days have been slow, I tried making a thread on Saturday and it got archived quick.

>>3061763

Riding gains

No crisis

>>3061763
Breathing a sigh of relief. After last week's never ending ass raping today is a cooling salve on my sore anus.

>>3061810

cowards

>>3061763
Patiently waiting for more amd gains

What's the plan next week for XIV
& VMIN. US & SK forces are planning on commencing exercises on Aug 21. It might be prudent to sell Friday ahead of time. I don't see anything positive happening before then or that week. What are all of your thoughts?

This CEI rocket is taking its sweet time mooning

>>3062016

Keep track of VIX and monitor the news

DRYS!!!!

SPEX bags are lightening up finally

If I were to put 50% of my monthly savings into VOO for long term storage how dangerous would that be in the event of a crash

Do people see half of their shit wiped out? It's funny people call these less risky but I feel like they're riskier because you think you can dump in and be safe

Going all in on DRYS right now

$4.00 HERE WE COME

>>3062254
>Long term storage

If you're talking ~5+ years or are averaging down the same amount every month it's probably fine. If you're talking 5-24 months and not averaging down in the event of a market correction you would likely find yourself in a ~30-50% loss from here.

>>3062115
Do not fret brother. The moon is on tuesday.

>>3062301

That's why you sell during the crash! That's what everybody does. The whole point is to leave some one else holding the bag during the crash, and then you pick up some new bags once there is a reversal.

>>3062429
BUY HIGH SELL LOW

>>3062219
You still plan on holding SPEX for long term, faggy?

>>3062490
yes. averaged down pretty hard a few days ago. i have a dangerous amount of this stock lol

COME ON DRYS DONT DO THIS TO ME

Why didn't anybody tell me about SVXY, VMIN, and XIV months ago when I first started? We could have been making gains this whole time.

>>3062816
do you hold these overnight or only intra-day trade?

>>3062850

>holding volatility ETFs

FUCK THAT

>>3062850

Yeah you hold them overnight, look at their charts.

How can everything be going up when drumpf made a tweet that I don't like a few days ago
why are the markets so irrational

>>3062972

It was irrational to care at all in the first place. People stopped being huge fucking pussies about literal fake news

>waiting for account to get approved
>planning to buy XIV basically as soon as it does
>XIV is up 12%
>still waiting for account to get approved
FUCKING REEEEEE
I'M LOSING MONEY AND I HAVEN'T EVEN GOT ANY

>>3063190
wew lad

you're going to get fucked up if you think its that easy to make money

>>3062646
>drys

I just got into Robinhood with $20, what should I do next? I was thinking of getting one stock in amd since I can afford that and use the rest for other stocks, any ideas?

Why are my limit buys on VMIN not going through REEEEEEEEEE

>>3063321
>20 dollars

just buy SPY until you have a few thousand and don't listen to anybody's penny stock picks here including me

>>3063456
>SPY
>not VOO masterrace

>>3063321
Bet it all on videogames.

>>3063321
put it all on BSTG

>>3063537
Done, but by the looks of it I think I'll lose money by tomorrow
>>3063456
>spy
That's more than $20

>>3063593
don't buy penny stocks you triple infinity nigger

>>3063627
What else can I get with $20 anon?

>>3063712
$20 stocks

>>3058913
Sold most of my CVM before news of the reverse split.

Made more swinging it constantly when it bounced between .08-.11 as I was moving 15-20k shares every few days.

However if you're still holding CVM I'd recommend holding on. Once the ~300 people die the stock should sky rocket if their drug does as promised.

They still have their multimillionaire dollar facility for production. They seem quite confident.

>>3062646
>Doing anything other than day trading DRYS

>>3061714
If nothing else activate RobinHood instant if you can't afford Gold.

It's worth it for the before/after hours.

>>3058955
I believe only a few stick around.

If people took the time to read more instead of asking for get rich quick memes, people would stick around.

Unfortunately I believe a lot of people just want to ask for what to buy and they follow blindly.

Similar to that of people going to fit and asking for a prepared diet and routine.

>>3063712
Just wait a few weeks and you can get two shares of AMD for under $20

i'm just here to talk about NAK

>>3055216
me again. welp, i didnt do it. MELI was the only stock in the known universe that was red today, cut my losses at -1%. then i saw TAL was up 2% right after market open and sold, only to watch it soar to almost +5% on the day. didnt even buy back into NVDA, because fuck, it was already up 4%. missed my chance. then spent the remainder of the day watching NVDA steadily rise up to +8% on the day.

every 30 mins like clockwork this exact thought process went on in my head: i should buy back those 2 shares. but fuck i know the moment i do it'll drop. but fuck i said that 30 minutes ago and it's up another dollar since then. ill wait for TSLA to dip below $360 and buy another one of those instead.

anyway, still made $100 today. $65 from my 11 shares of TSLA, $25 from my remaining 2 shares of NVDA, and the rest from my FNG ETF. Then another nice little chunk of change from BTC soaring another couple hundred bucks.

>>3064431
drop fng my man

its trash

>t. former fng holder

>>3064544
almost back in the black on it, then im going to reevaluate. could have just been a bad couple weeks for tech. ive already cut my position by over 50% in the last week.

mostly pissed that i sold my NVDA friday afternoon and my TAL this morning. lost out on $25 today by selling the NVDA, and i had been looking to get into TAL for the past couple weeks, finally did, and then sold it for a quick overnight 2% gain like a faggot. next dip im going to load up on them both and hold. thats the main thing i hate about robinhood, it enables me to make bad snap-decisions. probably going to open up a real brokerage account soon for my taxable investing.

Can anyone please explain why LTBR has dropped 50% in the last 8 weeks or so? Is there any end in sight? Can't find any info and feel like I got memed hard.

im never buying shipping stocks ever again

>>3065709

You have to realize you are simply taking a big gamble when going in on a penny meme stock with limited information

The only reason they really ever move is when a big investor/speculator moves in and dumps his load for a bit, otherwise they're yet another small cap meme company teetering on insolvency

>>3064650
I think it's just a shitty etf. It had like no movement at all despite how good companies like Netflix, Shopify and Apple did.

>>3066083
just made the spreadsheet on the right. on the left is its holdings with their weights (as of a month ago, could have changed). i grabbed the current daily percentage gains/losses from stocktwits, but that includes AH which FNG does not reflect until market open.

FNG was up 2.25% today. its holdings (weighted values) were up 2.41%. most stocks were up AH, which will be reflected in FNG at market open, and there is a small ETF fee which i believe is .75%. honestly it's not bad. it more than doubled SPY, VTI, and VUG today. beat out MTUM by half a % point as well, making it the highest performing ETF on my watchlist today.

like i said i agree it's not great, but i think tech in general has just had a bad couple weeks. probably going to start swing trading it instead of holding it, using it to ride the tech bubble dips.

>>3066083
just made the spreadsheet on the right. on the left is its holdings with their weights (as of a month ago, could have changed). i grabbed the current daily percentage gains/losses from stocktwits, but that includes AH which FNG does not reflect until market open.

FNG was up 2.25% today. its holdings (weighted values) were up 2.41%. most stocks were up AH, which will be reflected in FNG at market open, and there is a small ETF fee which i believe is .75%. honestly it's not bad. it more than doubled SPY, VTI, and VUG today. beat out MTUM by half a % point as well, making it the highest performing ETF on my watchlist today.

like i said i agree it's not great, but i think tech in general has just had a bad couple weeks. probably going to start swing trading it instead of holding it, using it to ride the tech bubble dips.

>when you only make +5% when bagholding

>>3066496
>tfw my gains today arent really gains because its just money i lost from last thursday

>>3066061
I understand this now, not sure if I should just eat my losses and sell or not tho. $500 dollar loss.

Been since reading the intelligent investor and being smart. A lesson better learned sooner than later.

>>3066790

Fuck man why are you experimenting with that much money? I put $100 on that meme and could hardly stomach that. Got out as soon as the ER didn't produce a spike. If there was no change then there will be no change in the immediate future, pretty consistently for these small cap stocks. They need big press to make a big movement.

I don't know if you eat it or not, depends on how quickly you are trying to get a ROI.

>>3066831
Because people here said it was gonna moon. I know, lesson learned, but I'm actually breaking even with getting on the ethereum hype train anyway, so I haven't really lost money since I started investing.

I'm open to holding the stock for years (5+)

>>3066870
>Because people here said it was gonna moon.
/biz/ in a nutshell

>>3066898
Shitty thing is that I ended up spending like half of my 7k emergency fund on investing.

Now I might get a great new job halfway across the country and I might have to borrow money just to take the job. I'd have at least $500 dollars every month to invest safely after that though.

>>3066870

Well it's almost certainly going to spike again in the next 2 years

then you take your profit and gtfo

but don't dump your money like that if you're trying to swing or short term trade

>>3066965
I have all my emergency money invested in blue chip dividend stocks. The return isn't fantastic but it's better than letting it sit in the bank.

>>3067010
Yeah. Lesson learned hard. But like I said, better $500 loss instead of $5000, or $50000

Saving up for NAK for a long term hold now

>>3061303
AMZN m8!!!! What are you, a faggot?

What are tomorrow's plays boys?

>>3067082
>i got burned by one penny stock so ill sell it and buy another
stop listening to random faggots on biz

>>3067506
Somebody give this man a fucking medal.Only real advice on /biz/

>>3067506
b-but we have to compete with the crypofag gamblers and lose all our money!

if one more of them calls me gramps...

>>3067888
Day of the rope will come soon for cryptofags. Too many normies and potential weak hands entering that market. I have a 60 yr old dude at my job that I sometimes talk about investing with and he trades cryptos. Mofo can barely use a smartphone. Or even a few weeks ago I heard a middle aged woman talking how "bitcoin is free money"

One major dip and that shit will pop from all the panic sells. Then all the crypto fags will crawl to us for salvation and we'll laugh in their faces....or maybe tell them to go all in on DRYS :^)

>>3067506

define "random faggot"

Are you suggesting we should only listen to trip/namefags?

>>3068129
Anybody. Sometimes people here have good picks but always do your own due diligence. Don't just blindly buy shit because someone told you to like >>3067082

>>3064276

fucking kek

>>3059016
you have 1900 and you made only 34 bucks?

>>3066496
good boy

Electric cars are coming thanks to Musk's philanthropy.

Buy all the car manufacturers researching electric and of course, Tesla.

>>3068969

kek

>>3068969
poor b8

IDXG tested thrusters today, but should be taking off tomorrow. Similar technicals to the tenbagger it had last year

>>3069345
*AEZS

>>3069358
>>3069345

That's quite a typo there