/biz/ - Business & Finance

i know i know im a faggot

but i wasnt wrong

good morning sirs

SELL SELL SELL REDDIT SELL

>>51466465
We're reaching 320 SPY before we start going up. It would put the pe close to 15. Zoom out the spy chart and you'll see the only good support at 330 to 320. This week we'll break a support and it's all down from here

It's all fucked

can't believe Baggie is going to win after all

>>51466465
There will be blood today.

thats bullish

I just boughted this yummy dip.

>Rates are rising and the debt is too high!! The US will have to default!!

Anything just shorting the shit out of META?

>>51466636
ooooo that is scrumptiouserino *licks you*

i just dont see how you ever think you can long the market after what happened in one single minute candle the moment that fateful cpi print dropped
like do people think something like that should be taken lightly

DAMN IT FEELS GOOD TO BE A BOBO

>>51466637
>The US will have to default!!
The US will have to nationalize everything...


>Think of the implications.

>>51466637
based and fedpilled

https://www.youtube.com/watch?v=q6vi528gseA

>>51466653
Cpi was basically flat. It was a 0.2 difference.

>>51466666

>>51466653
that might have gone very badly for many.

FedEX ceo says we are in a recession. so insightful.

>>51466669
who cares what the print said
the spx dropped 100 points in a single minute candle at 8:30 on the dot
thats quite significant

you should probably slurp that "dip" Mumu hahahahahaha faggot!

>>51466626
Baggot never wins. His gookfu is never coming back and his puts will expire worthless.

>>51466625
see
>>51466644

>>51466637
And that's a good thing!

Finally, we can finally coooooooooom

happy friday bros

>>51466669
Core was 0.6%. Energy could go back up any minute when we get done depleting our reserves.

>>51466669
It was flat despite massive manipulation of energy prices, which isn't going to last, showing inflation is entrenched and going higher when oil prices reverse higher.

We 34000 by eoy, this was the bottom

>>51466692
Cathy did

>>51466716
more money to finance my new house's downpayment *dances*

STOP REDEEMING THE GBP / USD BASTERDS.

IM CURRENCY IS LOSING A LOT OF VALUE HERE

>>51466744
lol this isnt a down payment market anymore
you better make enough to just buy it outright when prices come down

Genie let out of the bottle
It is now the witching hour

Genie let out of the bottle
It is now the witching hour

>>51466653
Yea- i put in my stop losses- this market is shifty.

uhhh what's going on with the premarket

>>51466754
Amazing thing is I’m not seeing foreign prices on shit go down. Trying to buy some British speakers in dollars and it’s not getting cheaper.

>>51466756
i'm not poor
already under contract

>>51466465
Another 11 weeks of bleeding it seems

>>51466669
>positive even with SPR release artificially reducing energy prices

You still don't understand the significance of the cpi report.. all bulls had was a hopium narrative of peaking inflation and sooner than expected fed pivot. It dashed all of the hopes and dreams that rate hikes have worked so far or inflation had peaked. It's projected to increase again in September and SPR releases won't be able to continue much longer. It gives the fed grounds to hike much more aggressively and dashes any hopes of a "soft landing". There is no hopium to push the line up anymore. Bad news is in fact not good news.

Cash gang is today the day to become a soxl sister?

>>51466669
core CPI was up YoY and MoM though. it actually doubled MoM

>>51466754
better for your macro economy, all things going on considered.

>>51466787
what a mistake
hit me up in 6 months ill take the place off your hands for 30% off

It really is time to buy intel

>>51466799
Lmao -46% this month.. go for it faggot

>>51466785
Maybe because they've already been imported?

>>51466465
>What? The FED is raising rates again? I can't believe it.
All my positions are long and I look forward to buying back CC today, but are people really so stupid that another rate hike is a surprise? And haven't there been green days on news of a rate hike as well, perhaps the one in July?
To simplify the above: isn't this shit priced in?

did i get b& for posting witches on quad witching day? fucking jannies don't let us have any fun.

>>51466818
For sure. The distributors are taking extra profit on the exchange. I need to find a way to buy from England

>>51466817
yeah better to wait till its back at ath

>>51466787
F

>>51466815
im considering calls for next month, worth a stab

>>51466754
ser but pound bad doller good

>>51466830
Post your position when you do the needful xir

I'm down 2.4% in the premarket, how about you guys? Is this average?

I'm starting to get a bad feeling about this market

so it's all over then, huh?

i can't WISH shill came in here spreading lies and selling snake oil. fucker convinced me to turn 25 hundred smart money that should have been more puts into 25 hundred need a fucking prayer money,

it is finished bros, another -10% day incoming

>>51466870
Seems so.

>>51466860
I'm up.

AAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAA

>>51466860
i dunno i think ima gap up like 40-50%

WHY JPOW WHY, I DON'T WANNA START WAGING AGAIN

What time does the quad happen eastern time?

>>51466854
Looks like I might be bagholding 200 shares of SOXL at 10.56 cost basis. RIP I will never recover from this

kek, baggies.

sometimes you get what you deserve.

I sold my GUSH for a loss. Apparently oil can just go to $0 even though the US has no oil and demand is at pre-pandemic levels. Fuck this shit, I'm going to go short on the indices.

>>51466893
End of day I think

>>51466893
like last couple hours of market

>>51466891
Kek. Go back to work wagie.

>even oil is reddish

>>51466893
this post is the ultimate BOTTOM IS NOT IN signal

>>51466896
why did you hold them so long anon?

>>51466893
>>51466498

>>51466899
Oil is going to moon next couple months get in now.

>>51466877
>77
checked
let it crater

>Heard on the Street?
>Berkshire looking at possible stake in FedEx

>>51466912
i don't care what you say loser, your use of a name means nothing

>Futures can't stop drilling this close to market open
I've seen some dumb turbopumps off red futures before, but this momentum is spooky

>>51466913
I don't even have them yet but I got damn near 10% premium for selling two week puts. Seemed based (still does) and if I'm assigned I get them at a new 52 week low

>>51466896

>>51466936
quad witching fren

>>51466922
DRIP is going back in the 20s by Oct on recession fears

Whats /smg/ listening to while we lose money?
For me:
>night drive
>https://www.youtube.com/watch?v=QAhvvQQurw4&list=RDF7Ut2t0kDnI&index=2

It’s happening

buying more PRTY at open

>>51466896
That isn’t too bad, we would be laughing at you if it was 15 or even worse at 20

sell your bags, greed is a sin. instead of gambling your money help your community for a better future.

>>51466893
unironically what is "the quad"

>>51466938
oh i see. but what if the new 52 week low keeps being broken for 52 more weeks?

>>51466936
Maybe we'll get one of those circuit breakers from everybody getting fucked by big bear cock

REDDIT GANG WE DID IT

>>51466922
It's not going to go up until after midterms because apparently Biden can just snap his fingers and oil tanks. Oil is going to keep cratering until December at which point everyone holding will be 50% underwater on their shares. Oil is a manipulated piece of shit just like PM's.

>>51466893
I think that in theory the actual date of expiry is on saturday, but effectively that means EOD today.

>>51466785
Probably because we hardly produce shit. So in the case of the speakers, import costs for the materials will have gone up, so they raise prices.

do not redeem my bastards. the village will go hungry

Soxl Avg 19

Someone hold me

>>51466968
No one should be laughing those puts are based and I doubt I get assigned and if I do ill have the lowest cost basis of anyone on /smg/

>>51466975
It's the risk of selling puts but it's a good entry

It's basedver.

>>51466963
I'm busting out the classics
https://www.youtube.com/watch?v=tTo9K2UD-mA

Are we winning?

So what's better to short, SPY or TQQQ?

>>51466972
Im not pulling out
Im not selling my bags
The fundamentals didnt change
I'll just keep adding every pay day
I'll just keep adding every dividends
Greedy kikes who want to shake me out can eat a dick.

>>51466810
No thanks I'll just rent out my spare bedrooms as an Airbnb if I need extra cash
Not likely to drop 30% in this area since it hasn't gotten too crazy with covid. Wouldn't do it somewhere that's gone up 100% in 3 years

WE TOLD YOU PEOPLE NOT TO GET INVOLVED IN THAT

I'm scared, this doomer is saying we're all gonna be wrekted. https://www.youtube.com/watch?v=Q2vqnpXWM0Y

How do I avoid financial Armageddon ?

>>51466998
>he forgot about the wordfilter
how embarrassing...

>>51466963
https://www.youtube.com/watch?v=rzeyOk8qGwA
i'm green bruddah

>>51466999
WE ARE ALL WITNESS

>>51467014
>The fundamentals didnt change

Is there a reason why a picture of an m270 loading rockets was deleted as the OP?

>>51466966
Its following spy.....

>>51466899
Got another one. Rebuy in nov or if it breaks 100 again, whatevers first

but... but... mah biden 0% inflation

do I wish I cashed out in November?
>yes
am I still glad I cashed out in August?
>yes
I feel bad for anyone trying to ride this out

>>51466973
monthly quarterlys weeklies and futures all expire today, the really spooky thing is how well these fib lines from june's movement applied to monday's top are lining up with this movement

We will open under the 385 channel support, so the 09'-19' lows support trend that held on the 16th of June and the 14th of July will be tested today at 379. If it breaks we will see circuit breakers, again feel free to screenshot.

How high can vix potentially go today? I have 11c expiring today and I'm debating on selling at open. I am also considering that today will be a bloodbath and it will keep rising

>>51467029
What part of didnt change did you not understand. I'll throw you in a bear cage if you still creating fear when theres nothing to fear.
Growth and tech stocks though can eat a dick

>>51466838
Bears have been right for an entire year and you're still going to be a retarded nigger and buy before rosh Hashanah

>>51467038
In all fairness, my total loss was only 6% but I said if my account dips under $4k I'm out and going short. I've never been more pissed though, oil should be much higher now. There is literally no excuse why it's tanking.

>>51466963
https://youtu.be/ZG2gPVGt0hg

Jazzy beats (albeit sampled)

Today is seemingly like it will be a fun day on /biz/ no matter what the market does at this point

>>51467048
Baggie what do I do here? I'm holding SOXL and CLF. Sell? Hold? Buy SQQQ or SPY puts at open?

>>51467059
My top prediction here, simply following a macro thesis I've ben posting since ealry april and the channels that formed following the last year of price action. Fed is going to 4.5, S&P will lose 20% more at least, 40% is more likely through the coming year. My 300 puts expiring December are going to print like mad.

>>51467059
if we fall in the red zone >>51467048 its like fuck $350, you're looking for hop at $340

t-time in the....market b-beats....timing the market.....

>>51467068
>bears are now directly responsible for the Holocaust
Apologize

>>51467088
Buy sqqq and tqqq. You can't lose

>>51466963
https://www.youtube.com/watch?v=Cw76gF1rzV0

>>51467081
good stuff anon, got some more?
https://www.youtube.com/watch?v=zN_uGEPyyjM

>>51467088
i don't trade fully conductors and been focused on mostly the spy, but i'd probably sell everything for bear shit and hope for $340 SPY

Is it too late to buy SQQQ/??

>>51467042
Brandon is deflation your portfolio to 0 anon

https://www.bloomberg.com/news/articles/2022-09-14/ray-dalio-doing-the-math-rates-at-4-5-would-sink-stocks-by-20

>ray choosing to spend his monthly end of the world prediction on today

bearish

>>51467119
I'm sure we'll go a bit lower, but the rallies can fuck you up. Fomo into any direction is never good. If I didn't have a good entry, I'd stay away.

>>51467095
350 is the lower channel support in my TA also, if we break that.

>>51466999
https://www.youtube.com/watch?v=nFZP8zQ5kzk

>>51466963
https://www.youtube.com/watch?v=XAh8NO_LJdA

>>51466711
It's not enough. It might trade sideways for a month but it'll break. The fundamentals are deteriorating too much

>>51467129
how can dalio even speak when he has so much chink cock lodged in his mouth?

>>51467037
yes and no

there's been a fair number of shit days in SPY where PRTY is blood green. don't know if today will be one of those days, but I'm a buyer sub $2.25.

https://youtu.be/ARR51SFcm5Y

>>51467087
My hopium is that Fedex does a sharp rebound for no reason

>he bought the bobo rally

>>51467163
Do not redeem sirs!

It's almost time fellas
https://www.youtube.com/watch?v=zPJGqM02-Zw

>>51466465
Today market green.

5 MINUTE WARNING!

You better be buying SQQQ and SPXS at market open- be on before the normies are. You were warned

uuuuh wtfwt

Ok I'm buying $380 9/23 puts at open. Johnny fathands is officially a bear.

>>51467161
I sold at 2.24 when I saw it following spy

>>51467087
It's always a fun day chilling with the boys on /smg/.

I'm buying DFEN calls today. It's a bull play that is doomsday proof and it was trying to go green premarket despite end of the world news from some boomer at FedEx. I'll ride the calls back to 16 and dump em again

>>51467178
lol

>>51467119
absolutely- we going to test new lows

>>51467166
Come here son.

Doubles and we see red

>>51467196
Hey man that's why is hopium.

>>51467179
do I just dump my 120 wish calls, or do I keep fishing? supposedly they had more cash less debt than market cap, but i didn't look into their 10-k at all and took his word for that.

>>51467188
we will pump next week. I agree- but today is blood. Unless the Fed buys everything again.

we bottom today, hope you close your shorts bobo

we are not saved

>>51467166
im sure a company getting raped by high oil prices in a crashing economy with government sponsored unions strikes will do great in the coming year!

black friday

>>51467181
We are so fucked this is not a buy signal

>>51467115
Well your already hip to Elfamasodemon so many hits on his channel but yea I got a bunch

https://youtu.be/uAkeULZzLv8

TWO MINUTES

https://m.youtube.com/watch?v=2UrA9zBSY8c

the storm wall hits us in 1 minute, BRACE and clench

See y’all at 2800

>>51467211
Anon dont beclown yourself

>>51467181
We always knew

SOXL BROOOOOOOOOOS

WHERE

WE

AT

hold onto your butts

watch.... and learn

>>51467210
Nah I dont think so- im ridding a TQQQ position into next week too- we got another pump after this shit show today.

what song is he playing /biz/?

>>51467095
>>51467145

Larger timeline of my 17th Aug call. We are in the completion phase of the final red arrow. The test of the 09'-20' trend will determine the fate of the markets for the coming decade.

WHAT THE FUCK WAS THAT

wtfwt

WHAT THE FUCK WAS THAT

HERE WE GOOOOO

What the beclown was that

WHAT THE FUCK WAS THAT

*BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG BANG

Wahay I'm recovering, only 1.8% down now

What does this mean?

NRG WRB LVS ALL NOC CI HBAN FHN

Circuit breakers today

What the fuck was that?

WTFWT

>>51467241

WHAT THE FUCK WAS THAT

>>51467250
Based bang man

>>51467212
Yeah we'll bottom, bottom at 0

>>51467229
All of them ack-ed

>>51467250
Holy shit 2 seconds late today. Are you having problems at home?

>>51467239
https://www.youtube.com/watch?v=MbUv_Tnnl2g

>>51467252
Oh shit I spoke too soon, 2.5% and falling :(

I CANT EVEN KEEP UP WITH THE TIK TOK....

BUDDY! LOOK AT APPLE COMPUTER!

>>51467272
it snuck up on me today

>>51467250
baste morning gonger

>>51467239
https://www.youtube.com/watch?v=sJdZqC3oNU0

I'm selling all my vanguard index funds on market open. This is scary shit we are looking like a -50% from ATH similar to 2008.

>>51467261

You're a retard, hf losing half your portfolio in 6 months.

>fedex

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>51467181
nice I just picked up some $380s for today

>>51467274
RIP peace fren

>>51467293
Cassandra calls for 15-20% lower than coof bottom

WE TOLD YOU NOT TO GET INVOLED WITH APPLE COMPUTER BUDDY

>>51467297
the bottom is zero

>>51467293
Yeah bro defs no cap frfr

You'll cowards better be buying.

>>51466465
Where's your pic, OP?

so is Cathie DCA today or pinkjacking? both?

I love me some cheapies, hee hee, it's a sale.

Fedex lost a quarter of its value overnight

>>51467229
Right here

>>51467305
Cassandra guy is always right his timing is just off by a bit. Selling here is free money.

Welcome to the bandsaw!

oooooh noooo nooo nooo im gunnnaa im gunnaaa

COOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM

>>51467318
It was this. Must have been butthurt foreigner janny

Hold on gentlemen, we're diving!

>>51467301
I'm terrified that I'm trading the same as you. I know this will likely end bad for me. I'm just not going to open my portfolio until next week.

>>51467324
He must be feeling so smug right now having liquidated everything but GEO

>>51467321
but why

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>51467324
>Cassandra guy is always right
PROTIP: being off on your timing is also being wrong.

>FedEx rugged everyone
It’s fucking over!

Too early to be losing money.. I need to shower snd chill

https://youtu.be/OFet9zW5hzs

BUDDY CHECK APPLE COMPUTER

I need to make that donald duck erection meme with a red and a green bar for appropriate shitposting

>>51467307
The bottom is 08 levels but inflated or much higher nominal value but much lower real value. -80% is the worst case scenario for the end of 2023 compared to my top call.

MONEY STATUS : GONE

>>51467332
>do not drop
Well duh.

>>51467344
>We're Going Into A Worldwide Recession, FedEx CEO Warns "Numbers Don't Portend Very Well"
https://www.zerohedge.com/markets/fedex-plunges-2-year-lows-after-withdrawing-earnings-guidance

5QQQ ANON ON SUICIDE WATCH

kneel

i just woke up
what did i miss?

I would short but clown world.

Why haven't you listened?

>>51467378
FDX

>>51467363
>The bottom is 08 levels but inflated or much higher nominal value but much lower real value
We printed money and dropped interest rates to zero and bailed out companies in 08, we never found the bottom. If we use those tools again we get runaway inflation.

https://www.youtube.com/watch?v=bbxjTzEbLmI

CANCEL ALL ORDERS CANCEL ALL ORDERS CANCEL ALL ORDERS CANCEL ALL ORDERS CANCEL ALL ORDERS CANCEL ALL ORDERS CANCEL ALL ORDERS CANCEL ALL ORDERS

>>51467378
Financial meltdown.

>>51467341
i had $600 just chilling not doing anything yesterday so i just said fuck it and did some crazy shit and now it's like $2500

>That APPlel deathwick
iToddlers BTFO

>>51467378
Get something comfy, the movie's just starting.

>>51467373
All this time I thought 5QQQ was code for SQQQ. I never imagined that some madmen thought TQQQ was not enough

I don’t even care anymore I hope I lose everything and I hope you do too

>>51467378
It started 9 minutes ago.

>paramount
>not seeing slow down in ad market
What if we just crab for rest of year and first half o next year and then just recover to aths? Shouldnt we be seeing more slowdowns by now? Its been a year of raising rates.

>>51467378
well, let's just say your hour has... come again.

>>51467378
The fire rises.

>>51467307
ZERO IS ONLY THE BEGINNING

>What if we just crab for rest of year and first half o next year and then just recover to aths?

>>51467373
Jesus Christ I didn't even know they had a 5x QQQ. Imagine buying options on that kind of leverage kek.

https://www.youtube.com/watch?v=iorob_r4mP4
let's heckin gooooo

>>51467373
:(

>>51467398
You mean inverted financial meltup.

TPOR bros AAAAAAAAAAAAAAAAaaaaaAAAAA

WTFWT

>>51466972
thanks but I would rather not hold the jews stinky fiat bags

FUCKING SQQQ HIT MY STOP LOSS!
SON OF A BIOTCH!

>>51467445
kek it's so insane not even pravda back in the 30s in moscow would have tried to get away with this shit.

>>51467445
Whoever writes shit like this needs the wall

>>51467462
how?

https://www.youtube.com/watch?v=2lqdErI9uss
Come on, come on, love me for my money

>>51467357
>Get a song
>put simple hip hop beats over it
>add shitty filter
>SO MUCH SOUL
Fucking zoomers what an absolute waste of generation

>>51467462
you need to go back. bearish for sqqq, might sell.

>>51467462
>Stop loss

>>51467398
bout time

>>51467462
>>51467474
This.
Its mathematically impossible

>>51467394
Tok fucking kek

>>51467353
actually being early but being right in the end just means you dont make as much as you could have if you were the perfect market timer which no one is

le meltie man was wrong...

>>51467419
also kek

>>51467494
sounds like he had a stopgains instead of a stoploss

>>51467504

>>51467394
TAKE ME ALL OUUUUUT

WE DIDNT WANNA SEE YA GET HOOKED

AND YOU MAY BE HOOOOOOOOOOOOOOOOOOOOOOOOOOOOKED

>>51467462
literally how

>>51467419
https://www.youtube.com/watch?v=TxqaO8vf2RY

>>51467508
Yes, my bad i typo in anger.
>>51467494
>>51467488

>>51467501
That sounds like a bunch of cope. Stop simping for celebrity fund managers.

>>51467403
it wasn't enough, you gotta trade 0DTE OTM SPY options.

>>51467504
Kek his daughter needs another profession now

Spx volume is massive

loading up on calls, you are a pussy if you aren't buying here

Who else waiting to collect SOXL at 10?

>>51467504
I fucking hate bears so when even I go short, you know it's time to get out.

>>51467504
He was right, it's just he was wrong about the direction of the melt.

>>51467504
Always was, I hate that faggot’s face so much

buddy

>>51467523
i mean ive been early but had the balls to stick it out and watch my position pay off plenty of times
early is only wrong if you pussy out like most bitches do and take a loss

I just don't see the catalyst to go darker red today.

Cut down my short exposure from too high 4x net short. Was fun to ride it that hard

HODL THE LINE REDDIT

>>51467545
i just dont see the catalyst to go green at all

>>51467545
the catalyst already happened, the market is auto hedging to the downside because its already made well over a 2 deviation move from the expected move for this week

Holy fuck 300 replies someone better be baking

>well atleast Cramer is making fun of his wife driving a new hummer

>>51467545
fear of what's coming next week and the quad witch

Puts or calls my bastards?

New
>>51467566
>>51467566
>>51467566

>>51467487
Stay mad boomer, OTT goes on the master.

>>51467542
So, you consneed that being early is, in fact, overlapping with being wrong and therefore Burry is often wrong?

>>51467545
didn't you hear? it's 4 bitches day.

>>51467545
There's consumer sentiment and inflation numbers in about 10 minutes, but I don't know what effect to expect from them today.

>>51467568
take out a second mortgage and max out the credit cards to go all in on naked short calls

>>51467531
>loading up on calls, you are a pussy if you aren't buying here

>>51467545
>>51467545
>catalyst
What are you 9? You believe in other fairy tales as well?

>>51467550
What happened here?

>>51467451
jesus

>>51467567
>quad witch
could make it go green though.

>>51467591
thats the thing it has to all be clearly bad or we can have a fake and gay- I dont think so im just scared.

>>51466995
Just got soxl at 11.21. How did I do soxl sisters?

Are you muumuu that dumb dia broke 310.
I'm curious is it will hit 300 today let alone next week.