/biz/ - Business & Finance

>Yields peaking.
>Market bottoming.
Bears are early as per usual. Simple as.

the entire rally from the beginning of this year has been just Big Money's pump & dump scheme. They're out by now. Guess who's left holding the bag?

It's saturday, go out and have sex anon

Reminder that sometimes the S&P blasts upwards for months, for no particular reason

>Israel calls on its citizens to leave Egypt and Jordan

Bros, how do I profit from WW3? Just commodity, drug manufacturing and weapons stocks?

When Ray Dalio says that the United States is going to collapse, I listen. Stocks are worthless. Bonds are worthless. Shorts are worthless. Puts are worthless. Gold is worthless. Buy physical food and necessities while you still can.

>>56420557
you say it like its just something to grab off of a tree nearby. no, not everyone can strike up a conversation with a girl and then sleep with her 10 minutes later. i know something is wrong with me i just don't know what.

>>56420642
isn't he just Michael Burry Jr.? always calling for a crash but nothing really happens,

>>56420529
Bobos literally seething as the S&P500 is 10% off its all time high despite, geopolitical unrest, interest rate cycle, inflation up the wazoo and countless other bearish impacts.

>>56420509
>GameStop Bankruptcy
Fucking finally!

>>56420659
this will not stop gme general, baggies need to vent their frustration

>yields

https://youtu.be/G2R2mtOkYjA?si=GPBhqS8gUlXGr84m

...What are the chances that yields could go over 6% by the end of 2023?

>>56420659
>>56420684
How come their general now pops when i search for SMG

>>56420704
bout free fiddy

>>56420713
Fucked if I know or care.

>>56420713
filename has smg in it

>>56420509
am i the only one watching global news rn
the whole thing is falling apart

>CHINA SELLS THE MOST US ASSETS IN 4 YEARS, DUMPING $21 BILLION OF US STOCK AND TREASURY BONDS (Yahoo Finance)

>BIDEN DOESN'T JUST WANT AID FOR UKRAINE AND ISRAEL. HE ALSO WANTS BILLIONS TO CONFRONT CHINA. (Yahoo Finance)

hahahahahahahahahahahhahaha please let it all accelerate into overdrive!

I DON'T HAVE ENOUGH MONEY FOR A FALLOUT SHELTER YET AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>56420509
that was a lot of shit for 1 day are my 14dte puts gonna print

>>56420647
https://en.wikipedia.org/wiki/Bridgewater_Associates

>>56420657
Just shows how irrational the market is right now. But the more irrational the market is, the harder it'll crash when reality finally catches up.

>>56420557
No. Fuck off. I refuse to engage in premarital sex.

>>56420783
Except this time it's not just American money propping up the SP500. People from all over the world buy into the US stock market because, no joke, it is one of the few things in the world that's actually worth something.

>>56420760
Ah yes the fund that lost billions betting on China is predicting the collapse of the US.

I want fellow /smg/ anons to make it. Except TLT holders. They deserve what they are getting.

>>56420783
>Just shows how irrational the market is right now.
Seems to me like only certain bluechip stocks in the US market are overvalued. When you look outside the US things get really cheap. We're probably near the time when emerging markets outperform US markets but I have no idea I'm just speculating here.

difference between 1990 japan and USA, is that there is no new USA to take our spot, china has proven to be a dud and Eurozone has mega problems too

>>56420883
based

>>56420551
the pump and dump happened in 2021... what we are in now is sort of a stagflation stagnation, unemployment is still very low and the goyim are still consuuuming

>>56420927
We're probably going to see a resurgence of the soft landing narrative (absent major bankruptcies) which will drive markets higher boost bullish sentiment suck in fresh new exit liquidity before the economy shits the bed.

5am saturday anons... retail is looking kinda juicy rn, Target i have been eyeing as a TARGET for me to buy.. dumb goys are lining up to buy that shit and its down like 200% from ath.. healthy PE and valuation, what do you niggers think? it was 270 per share now around 110. Not going anywhere

>>56420939
Target seems cheap but I can't get myself to buy it when BABA and JD exist and they are multiples cheaper. But TGT doesn't seem like a bad play.

>>56420927
interest rates high, no savings, all that consoooooming comes from credit card denbts. That party won't last forever.

I think we're not quite there yet.

Why's there no Forex general?
What's gonna happen to JPY next?
BoJ letting JPY weaken until The Fed pivot?
BoJ rate hike, risking JPY's carry trade power?

The Fed will eventually lower rates, that sounds like free money by simply shorting around the announcement and hold for a year or two

Never too early to start planting those seeds of financial success. Hop on over to dividend investing general /dig/
>>56411634
>>56411634
>>56411634

You shouldn't be buying anything except bonds for at least two months, US equity is fucked.

>>56421040
Yeah that 1.3% inflation adjusted yield looks great. Imagine buying a company with 15-20% return on equity couldn't be me. Although I think bonds have or are near a bottom they're still a shit investment considering the fiscal policies most governments.

>>56421025
Looks like the BoJ wants to defend the 150 number tooth and nail.
Didn't they dump like $200bn worth of treasuries during the past 12 months? But at these yields and with a further rate hike seeming increasingly unlikely the question is if they really need to do much more to that end or if the market will do the work now for them with 10y at 5% looking juicy.

>>56420509
safe to go all in on gamestop puts?

>>56421084
Never underestimate the delusional optimism of the baggies. They will hold all the way until the stock delists. You better buy long dates puts if you're going to short them.

>>56421078
>Looks like the BoJ wants to defend the 150 number tooth and nail.
yeah but can they?
there's also a possibility of The Fed hiking rates again for whatever retarded reason.
Everyone has been saying "ok this is the final hike, they'll pivot soon" for half a year already lmao.
USDJPY is really close to 150 Yen right now, around strong resistance area. It looks like a no-brainer short, but I think it could go past 150 Yen and make it the new support instead.

>>56421025
Same thing that happened when UK tried to defend the pound.

Long usdjpy is one of the easiest plays in years. In hindsight people will be kicking themselves.

>>56420713
some redditor started baking op's with smg in it

>>56421217
>r*dditor
We don't use that word here!

>>56421217
>Someone trying to fuck with the impenetrable fortress that is /smg/
Lol. Lmao even.

>Wake up
>Check my account
WTF HAPPENED YESTERDAY BROS??

>>56421238
my bad dawg
>>56421253
it's just spamming and goofing with op's

>>56421285
organic price discovery. Expect a scampump on Monday

>>56421285
This is just the beginning anon

>>56421285
Check your account in 2024.

>>56421358
>The dragon is a sign of power and energy.
so war & high energy prices.

>>56421377

>>56421378

>>56421377
Oh another war? Will Biden get his trifecta of my money wasting wars? Israel, Ukraine, and china?

>>56421143
>there's also a possibility of The Fed hiking rates again for whatever retarded reason.
I don't think that's in the cards. 2Y yields would have to go somwhere beyond 5.33% and I don't think that's in the cards either. The peak to trough decline of treasuries is now slightly worse than the peak to trough decline of the stock market during the GFC.
I do think it was the final hike. But I also think people are underestimating how long the FED will keep that level.

>>56420737
Who did they sell to?

URANIUM
U
U
U

URANIUM
E
C

URANIUM
R
O
Y

????
?
?
?

>>56420704
basically zero.
yield on already issued bonds going up would mean that new issue offers a better HTM return. this takes the relief buying away from secondary issue. on the short end, the FFR has an immediate impact to the exclusion of all other factors, because treasuries are not available to just anybody. only primary dealers.
so on these terms, you're talking about a rate hike all the way up to a range of 6 to 6.10 or even 6.25 -- not happening
in the middle and long end, the market can send yield skyrocketing by just dumping bonds, with little or no bid, with no change in FFR. this is far more possible right now, but i don't expect it in 2023. there's two major conflicts out there right now, and several minor ones.

>>56420509
I wonder who made the OP

>>56420938
yeah i agree i think we'll see one decent unemployment number and the media will say "did we pull off a soft landing?" then another trailing macro figure will look okay and they'll change that to "how biden pulled off a soft landing!"
then we'll get a drawdown in equities of at least 30% and about a 2-year bear market during which corporations with lots of fixed low-rate debt on issue will, one by one, roll over into the new regime of rates, which the fed probably won't take down beyond 2% -- still quite a bit higher than 0.25% when that debt was originally issued
we'll drag along and suffer for another 5-10 years with the govt helpless to do anything at all about it, because by then they've tapped out tax receipts already; the interest on public debt is too high
no one will work for the US, no one will fight for the US, we'll just wallow around overpaying for medications until the last boomer is gone and gen x owns everything, meanwhile EM equities will print 15% CAGRs for those 15 or so years

>>56421480
That’s nothing 40 million illiterate third worlders and giving Israel a trillion dollars can’t fix.

>>56421537
At this point Canada needs a violent revolution to take their country back. I can't believe they just sit back and take it

>>56420898
Things outside US were always cheaper because of risk premium.

>>56421537
there is nothing special about the US to them. they want US dollars. once they realize they don't want US dollars, the situation reverses immediately.
that seemingly endless, permanent trend is a direct result of the 40 year secular trend of falling rates. now, it goes the other way. i've only described the first inning or two.

>>56421285
Sector rotation into cash

>>56421537
Canada needs the fabled chinese construction workers

>>56421438
Probably just dumped it on foreign exchanges. Not surprising considering how much of the world is trying to derisk from usd

will nasdaq hold 13000 next week
or 350 for qqq?

>>56421603
anon....

>>56421346
If we get a scampump, I'm selling everything. Too fucking risky with all the shit going on.

bros I don't want any music festival crashers sent to my city

>>56421722
So long as you live in America. You’ll be fine. Specifically a southeast state.

>>56421546
>Canadians
>assertive at all
nah

>IT'S COMING
>THIS TIME FOR REAL
>JUST WAIT
>SOON YOU'LL SEE
>THE BIG ONE IS COMING
>THE WAVE WILL CRASH
>THE DAM WILL BREAK
>THE ENTIRE US ECONOMY IS GOING TO COLLAPSE
You guys say this dumb shit so much you actually have convinced yourselves. It's actually pretty pitiful to watch bears get completely unhinged.

>>56421872
Huge sell signal.

>>56421546
Canadian here, this country is a mistake of history and modern politics
It's a lost cause

>>56421880
Yeah yeah yeah, retail bears think literally everything is a sell signal. It's part of their affliction.

I fucking hate TLT holders but I don't quite understand why.

>spx puking into the close while crypto pumps all weekend

yeah i think it's over for stockcels

>>56422141
They are buying bonds
bonds are fucking gay, there is a reason they let you use up to like 100X leverage on those things
there is no other reason required

>>56422167
This. Bonds are for boomers ready to retire. Anyone under 50 buying bonds is a fucking retard.

>>56421872
Lol. When it happens, you will be beating yourself up
>wow, they were right
>wow, I could have made life changing money positioning myself correctly
>wow, now I'm down 20%+ on my investments
We have only tried to help you. Do you think we want it to happen?
Hell no. My extended family has $10M+ that they are going to lose from all their accounts combined. There is going to be global suffering.
It is 100% inevitable that the financial/debt system is going to blow up now. We have already entered the beginning stages, of foreign nations dumping US bonds and US assets.

broker wont let me short stock. can anyone recommend some leveraged tickers bull or bear I just want more options than s/t-qqq and upro/spxs. anyone looking at specific sector funds?

>>56422184
yeah imagine getting into risk free investment with 5% yield.

is it over?

>>56422314
>It is 100% inevitable that the financial/debt system is going to blow up now

>>56422372
unironically, yes.
we are going to see hundreds of regional bank failures, exactly like SVB
KRE is going to $20

>>56422314
I've been hearing about imminent collapse every year for the last decade now.

>>56422344
>OMG hecking 5 percentarino annual returnarinos!!!!!
>Squeeeeeeeeee!!!!!!!

>>56422344
>risk free investment with 5% yield.
>Inflation 3.7%
>Real "risk free" yield 1.3%.
Anon... I.

>>56422402
Do you apply inflation to the returns on your stock portfolio?

>>56422314
>We have already entered the beginning stages, of foreign nations dumping US bonds and US assets.
The dumping was already through in 4Q22. Since then foreigners re-added about $600bn:
https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html

>>56422426
this reports up to august.
Japan began having to dump US bonds to defend the Yen after August.
China as well, to defend yuan (and geopolitical pressure)
Saudis as well, after August

>>56422425
Yes, but seems like you don't apply it to your bond portfolio.

>>56422439
You must be the only person then. Haven't seen anyone mentioning that apart from 2% daily inflation meme.
Anyway, the honest comparison is between bond vs stocks yield, no need to bring up inflation if it applies to both classes of the assets in the same way.

>>56422438
ok, smartass this report is 2 days old:
https://www.yardeni.com/pub/fofforholddebt.pdf

The grand total is increasing again. The only thing decreasing is the share in percentage terms.

>>56421867
They came down her and burned our capital to the ground. They aught to be able to do it to Ottawa.

>>56422314
>>56422377
Imagine legitimately believing this shit, goddamn. Of course it's some rich faggot espousing this trash. When your bear bets go south it doesn't even matter if you already have tons of money.

>>56422453
A business can adjust better to inflation than a fixed rate bond. Especially if they're producing commodities that rise in price due to monetary inflation. I guess compounding at 1.3% is enough for some people not for me though.

>>56422514
>two hundred and ten years ago
brah

>>56422326
Real estate and consumer staples are the best sectors to short. Both sectors are overvalued and increasingly unprofitable.

SRS and SZK are the best inverse ETFs. These funds outperform SQQQ and SPXS by a huge margin.

>>56422549
Business can also go under in difficult times. I see nothing wrong with forfeiting miniscule risk premium for safer play when risk premium is as low as it is right now.

>>56422479
That's a little scary.

>>56422588
I don't know how people look at charts like that and think it's more likely to go to zero than it is to take another seemingly regular leg up

>>56422588
Would you call this a run on the treasury? or run on the central bank?

>>56422588
It can be either because foreign countries are dumping or because lots of newly issues treasuries were bought domestically while foreigners keep the same pace as in the past.
This chart should help you figure this out.

>>56422584
>Business can also go under in difficult times.
Not the ones I own which have low debt and high cash balances. Returning up to 40% ROE sure beats 1.3% worth the risk imo.

>>56422606
Cool, good job on stock picks then

>>56422479
buddy look at figure 2, figure 4, figure 6, figure 12, figure 13
it is not arguing your case, whatsoever, lmao.

>>56421716
so you dont think it will bounce back Above 13000? man im going to KMS real quick

>>56422479
Not the guy u are responding to but u are an idiot. Yardeni's data is also as of aug only. It doesnt matter that the report was published 2 days ago. Learn how to read charts before u blow up ur accounts and end ur life. And im saying this for ur own good, not to be a jackass

>>56422648
Tech is done, shoes are the new thing everyone is excited about.

>>56422588
Hold you hand over the picture such that everything right of '84 is obscured. Then try to imagine the rest of the picture that you can still see scaled up to fill the entire picture.

>>56422654
Instructions not clear. Buying TMF

Why can't the feds just pull money out of the system? Why do they need to the the rate fuckery? God I hate our money system.

>>56422664
Posting that man won't effect me. I've already tapped twice today. You have no power here.

>>56422664
What’s the original pic, or is this AI

>>56422669
Higher interest rates is actually what "pulls money out of the system", the interest is being paid to the government by borrowers

>>56422684
*bank.
Government doesn't lend money.

>>56422562
makes sense I suppose those with the most reaction/responsiveness to the rates being the most effected.
>szk up 80ish% since that july market peak
>sqqq only up 30%
fuck me did I miss out, thanks for sharing will add these to my watch list and look for getting out of sqqq and into one of the above, I would hate for all those tech earnings this week to surprise and burn off my profits

>>56421603
We're at a point where the fun is right about to get started. If the indices drop much more it is going to be an "oh shit" point for the administration and every drop after that is just going to fuel main street rage. The right will seize on it to crucify Biden. The left will seize on it to crucify Capitalism. Fractures will spring up everywhere. Expect massive propaganda or distraction campaigns to try to alleviate this. The same is true with interest rates. We're now passing into territory where if rates just keep going up and up and inflation doesn't get under control it's like a rail spike slowly being pushed through the skull of the economy.

Here's the situation in broad terms if you were in charge of all of this...You can't afford an inflation increase because you're already barely keeping that under control in the first place and the last pump of inflation shocked the population, so you need to keep pumping rates. Less people are buying the monetary bullshit you're selling anymore...but if you pump rates too much layoffs start happening and even though you claim employment is "better than ever!" you know that's a lie because your definition of employment is more mutilated and deformed than a tranny's frankencock, so in the event those layoffs happen, most of the people getting laid off can't afford to live with their job, let alone without it...

You have an aging population with no meaningful infrastructure in place to handle them and almost NO ONE prepared for the costs associated with end of life care. Are milennials ready to change their parent's diapers after their shift at the call center? Are they able to put them in managed care facilities for $4000 a month to start? And this just goes on and on. We are not in a situation where things will ever get better, it's just a matter of controlling the rate at which they get worse. By the way, I'm still bullish on the markets, but only because I realize they're central to all of these theatrics.

ive been reading market and finance books for two years. ive felt that is enough.
i know the style i do and wait for the market to be less gay. focus on the few books that is the style and maybe read some stories of the biggest ponzi makers which are always intresting.

i started to read about music now. downloaded a program. im gonna learn to make some shit music as a hobby,

have two ebooks now to read.

>>56422669
or they could have...you know just not ran the printers for years

>>56422676
>>56422679
I hate you guys. Im. Trying to figure out whether or not this all means the bond market is finally bottoming.

I'm one of the few smiggers who actually likes to buy things when they are cheap.

Help a smigger out

>>56422669
They are pulling money out of the system they're not buying government debt anymore when the government returns the principal & interest to the FED that money is pulled out of circulation. And by them not buying bonds and no decline in issuances it pushes interest rates higher, regardless of the funds rate.

>>56422694
>if you were in charge of all of this
We wouldn't have been in the situation in the first place. But if I started today the first thing I'd do is cut the defense and social budgets to half at most and fire Yellen if she doesn't quit dumping treasuries on a market with no liquidity.

>>56422687
I think separating the Fed and the US government is splitting hairs

SPX ~4220pts is a level that will get defended at all cost.

>>56422694
>The left will seize on it to crucify Capitalism
The average liberal isn't smart enough to comprehend capitalism or even the economy. If the stock market takes a shit all Biden will have to do it waddle out on stage and say "trump did this" and that will be good enough for 81 million people cheering from their tents. I don't think the Dems really have anything to lose if the stock market takes a shit.

>>56422722
Nope. The question is: will the crash be swift enough that the TMF hodlers and bond buyers get major capital gains from imminent huge emergency rate cuts?

>>56422718
I think it's a pretty big deal actually. The government and the Fed are effectively at odds right now.

>>56422733
shut the fuck up

>>56422735
Lol no. They are not. Please refrain from posting doomer nonsense.

>>56422731
>>56422694
Voting doesn't matter. Foreigners have been here long enough that their retarded children will just vote democrat no matter what.

>>56422744
What? That wasn't doom posting and it's an objective fact. The government is spending more trying to drive inflation while the fed is trying to cool it.
Are you being paid to be retarded?

>>56422713
>the first thing I'd do is cut the defense and social budgets
this anon gets it, make the U.S. an isolationist country, get out of the world, with the exception of *maybe* Japan because we neutered them
Defense budgets are sky high and they STILL demand more money
As for social expenditures, let it burn and let (poor, ill prepared) boomers die off

>>56422762
After that I'd kill the fed.
I'd go down in history like Andrew Jackson 2.0. All the history teachers would talk about how I effectively killed the blacks, Mexicans and old people.

>>56422754
>The government is purposefully causing inflation
Come on man. If you're trying to make this into some stupid Biden argument here's the door >>>/pol/

>>56422762
>The government doesn't have an infinite black budget for military projects
You must be 18 to post here

>>56422722
scenario #1
>full retard war pivot return to QE anticipation euphoria
will lead the SPX close to the ATH's of 2022 as early as January 2024 until July 2024.

scenario #2
>half retard FED will cut any day now guize they will never raise any higher anticipation euphoria
SPX ~4700pts around May 2024,
then SPX ~4500pts (with breach) around Summer/Autumn 2024.

scenario #3
However, if the SPX breaks from here we'll be seeing ~3950pts around May 2024.

>>56422822
It's not Biden really (or whoever you think is telling him what to do.) Congress does the budget and that's majority Republican.

>Yields aren't stopping
>Neither is Bitcoin
>Neither is orange juice

>>56422822
He is right though. The administration has been trying to spend as much as possible ever since it came into office.

>>56422326
Kek which broker?

Soxs, fza, tsls

Gold gains will bring us into a new gilded age

>>56422900
The treasury is aggressively raising money now so it can pay debts in the future when fed has to raise rates more because the treasury is raising rates in the now. As it stands, inflation is nessecary and that money needs to flow to the lower class which nessecitates hurting profits of the 1%.

>>56422909
gold bros.. I need more time to accumulate. it isn't fair

>>56422923
Jpow said the economy needs to chill to lower inflation. Line go up is not going to last forever or else you'll be paying for your groceries with your shares because the dollar will be useless.

>>56422871
That's the weird thing I would say, why is bitcoin rallying so much while tech is getting raped. Did the demand for money laundering spike through the roof or something?

>>56422933
you had 4700 years

Reminder you can put 90 percent of your poorfolio in apple or JNJ and keep buying a share every other paycheck and make it simple as.
>but indices
doesn't matter apple is nasdaq and JNJ is dow and you can say you actually own share of a company instead of being a boglecuck
>but muh tech stock apple is overvalued
Apple is bitcoin as your tech stock is chainlink. No one cares about your garbage stocks like palantir or nshidia that are future cisco pump and dumps or xerox/IBM dead stocks. Apple never goes down and apple always makes profits. No one will care about chip stonks or AIslop as vision pro takes over the tech landscape like iphone did in 2007. Be sure to cash out so you don't whine like a bitch in 2024 when the AIslop train crashes and smart money exits to buy more shares of apple to frontrun the vision pro.
>JNJ is for boomers and nogains
Just like apple JNJ owns healthcare. Ask how many big JNJ holders will dump their shares for phizer or some meme pharma stock. Next to apple and tech is JNJ and health. People always buy from JNJ and JNJ is conglomerate that outlasts everyone on SMG. Its like making money on autopilot even better then mcdonalds or costco and there is zero competition for JNJ like zero competition for apple and tech. Name a stock outside apple that has zero competition? Mcdonalds? Walmart? Manlet pit stocks that compete with other giants and always steal marketcap from each other and are midwit holds.
>muh oil muh commodities
You are too dumb to make money from this and if you weren't dumb you aren't an insider. You may as qualify for penny stock anonymous groups where you have therapy sessions over how much you lost last week cause "im2smart4u". Chances are you are a dropout junkie or play the scratchoff lottery.

>>56422900
>>56422923
THE
US
DEBT
DOESN'T
MATTER

Period. End of story. Find a new narrative. Until the US dollar is no longer the global reserve currency, the US debt does not matter, at all, whatsoever, in the slightest. There I saved you countless hours worrying about it so now you can put your efforts into something meaningful.

>>56422664
I think it's a little soon for that. But if you hold for over 6 months, you might be okay.

>>56422923
They have to increase the debt ceiling....again. And the administration is just going to keep dumping billions into bullshit.
>>56422961
>t. doesn't know anything so writes it off with a one liner
lol

>>56422908
TDA asked me for portfolio balances and statements, its really lame, as soon as I have enough money im going to withdrawal some and get into futures

>>56422971
Yeah deflect while also implying that the fucking DEBT CEILING is a legitimate issue. Pottery.

>>56422588
It's amazing that people don't think dedollarization is a thing
>>56422600
It's a mixture if countries investing in their own local currencies as well as countries dumping the dollar because we weaponized it.

And both is acting as a form of quantitative tightening pushing yields higher

>>56422986
DOOMERS
FUCK
OFF

>>56422961
>It doesn't matter
>IT DOES NOT MATTER
>It doesn't matter, b-because I... because I said soo!
cope

>>56422971
There is actually no debt ceiling anon. Treasury can kinda print to 50 trillion as long as the federal government gives the thumbs up.

>>56422694
>You have an aging population with no meaningful infrastructure i
True, I know that the future is not so good looking, that's why I've been buying sqqq
But yesterday my retarded ass bet on tqqq for only pre market, because I knew it's the option expiration day and it would go up slightly before making the bearish breakdown. But I didn't stick with my plan, I just stared at my screen when it kept getting rejected off from $360 on qqq like an autist and now I'm -3.7% down. I thought nvda would make a green candle at the end dragging the market up somehow..
I hope the market bounces for the final time before it tumbles maybe next month th or whatever

>>56422961
Yeah you're right. Economists are retards and so are the feds. Their concerns are unfounded. Luckily some greasy autist NEET set me straight. Thanks man.

>>56422994
>doomer
mother fucker I'm talking about yields
you know the thing going up

>>56422953
>Everything is massively concentrated on a BDFL tech company with a dead BDFL and is now filled with fags and Indians leading it into its decay stage.
This is really not going to end nicely.

>>56422326
Do you have margin? Did you hedge? What did the hedge look like?
I have a very nice brokerage and can (and have) shot things but they don't let me do stupid things with shorts and no one will unless you have huge amounts of money.

This is very angry for weekend /smg/. Bobo has stirred the pot and rustled the jimmies.

>>56422961
Jesus Christ you're retarded. Debt interest drives taxes. The more we borrow the more drag on the economy from taxes.

>>56423078

Yes hello is this the emergency mumu weekend meeting? Line go up or down monday? Am I truly obligated to buy bonds to get "some" kind of return?

>>56423059
no I dont have margin approval but I am over pdt. I was trying to short uranium, and ev tickers but they wont let me

>>56423005
>There is actually no debt ceiling anon
Its set by congress. If you dont understand why it matters like the other anon, I cant really help you.

>>56423092
You have to have margin approval to short.
The thing you're actually doing is borrowing shares from the market maker and immediately selling them. That is accounted for the same way as borrowing money.

It is almost the end of the year. You have not only outperformed bonds but also the S and Poopee ytd right? 2.5 months to go.

>>56423107
>>56423081
Hahahahahaha oh my fucking god people really are in /smg/ acting like the fucking national debt and debt ceiling matter! Get fucking real you guys, I know you're probably like 19 and you just started paying attention to the world, but you're at like stage 1.5 awareness. You've got some work to do.

>>56423125
I have indeed, but this is the first time this year I've actually considered taking my winnings off the table and walking away. Usually I just buy the dip and sell the rip, but the 200 sma for nasdaq was broken through and I have grown fearful.

>>56423107
the debt ceiling was suspended without a limit set until 2024.

>>56423152
Just like that, nothing else added on that bill huh

>>56423131
I'm actually 36 and believe every single thing that happens in this country is by the hand of a Jew. What stage of awareness am I at?

>>56423131
>hur dur the nation can never be considered insolvent
retard.

>>56423199
Do you have any money left or did you lose it all yet on Stake?

>>56423199
the stage where you wage slave in the mail room

>>56421438
Pension funds and insurance companies
The bag holders of last resort

WAGMI party soon

>>56423091
no one actually knows if the line is going to go up or down but historically we double bottom in october and have a santa claus rally the rest of the year, we double bottomed on friday so line should go up the rest of the year if history repeats

>>56421460
Every part of this is wrong

>>56423131
Go home Krugman, yer drunk

>>56422948
Yes, but also its sentiment goes in cycles based on regularly programmed supply cuts.

Oh yeah, and it's being minted at a far slower rate than dollars. So same deal as gold.

>>56423199
This is a slanderous lie. It's not like Jews run the state department, the treasury, DHS, the national security council...

>>56422184
>he doesn’t make massive duration bets with positive carry
Absolutely irredeemable and will not make it

>>56423245
We're also seeing a pretty big geopolitical conflict and uncertainity still in the air regarding the U.S house getting its shit together. When the RINOs elect a democratic speaker thats when you know the bottom is in short term.

>>56423269
You can't even define carry.

>>56423233
give tickers pls

>>56423245
mmm. That's a good point, we are probably good for at least a dead cat bounce until bond yields retreat somewhat. If they don't retreat, then I dunno what happens next, but it's probably not good for my folio.

>>56422742
Kys nigger

>>56423287
Are you asking me which insurance companies own bonds?

>>56423216
If you're talking about poker than no. Poker is cheap to play as long as you don't fuck around with straight up cash games.

>>56423309

>>56423323
? Tourneys are way more expensive if you’re only playing several times a month

>>56423309
That picture btw is what will remain of Michigan State after my wolverines massacre their bussies tonight

>>56423245
Santa Claus rallies are gone until boomers and their RMDs are dead

story behind the gore pic? also good morning janny, working on a caturday?

>>56423332
Not for online poker. There is a 4:30 $1 poker tournament with unlimited buy ins for the first hour every day. I clean up pretty well in there. There is also a $10 tournament everyday at 7pm but in runs forever and I rarely make it to those ones. 1st place in the dollar tournament wins like $50 and it's absolute amateur hour in there. I usually beat those fools 12 beers deep

>>56423199
Self

>>56423119
I made 30% profit and they still wouldnt give me margin but its a retirement account and I think they are just butt hurt about offering no commissions and me trading in it everyday

>>56423357
When I play micro tourneys online I just end up irate that some pajeet is slow rolling me with kings for $5/hr

COOL IT WITH THE ANTISEMETIC REMARKS

>>56423368
You can't do margin in a retirement account. That's the law (from the IRS.) You definitely can't short in a retirement account.
You can do options though. My IRA is full of puts.

>>56423351
A working janny is a happy janny
>>56423372
It's usually the same people almost every tournament. Seems to be a relatively new and small community so far. But yeah people will slow roll you all the time. Hell I do it myself because a lot of those tards are reckless and will go all in on a 2/3 off suit because they're impatient.

>>56423377
I stand with Israel (own a 1% position in ESLT)

>>56423383
>You can't do margin in a retirement account. That's the law (from the IRS.) You definitely can't short in a retirement account.
oh fuck me they never even told me that, thanks I had no idea, what a waste. options would be fun for small amounts of risk and just grow it until its time to slurp again

>>56423419
You know what's even gayer? Cash isn't settled until 2 days(!) after you sell something. So if you sell stock A and buy stock B that same day, they technically count that as margin. Which those cunts at Schwab can take away if you sell stock B the next day "before the cash has settled".

>>56422953
Redpill

>>56420799
based

The government doesn’t let you have margin in IRAs and options are expensive. They will let you buy oil E&P warrants with 5 year duration however

>>56423406
I think it's kind of funny now that you aren't allowed to publicly support Palestine anymore now that they finally gave Israel a dose of their own medicine for once. Watching the US government flip flop on the issue has been hilarious.

I think tech earnings next week are going to be good and everything will pump

>>56423504
They'll be good and everything will dump. Remember: the market's out to fuck you.

wake up

ai is the last hint we can send

>>56423509
It can't fuck me worse than I've fucked myself

>>56423504
What's up poem anon? How's the NEET life? Have you completed your love quest and found a gf?

>>56423538
Nothing is up
Neet life is nice and awful at the same time
No I haven't found a gf, I haven't talked to another human in like 3 weeks

>>56423504
Sales will suck but they will still beat because of accounting shenanigans in ad revenue.

>>56423548
You're talking to us. Do we not count?

Keep posting retard.
You know who you are.

I'm screencapping your dumbest takes and when this is all over you will forever be remembered as a retard.

>>56423561
No this is posting not talking

>>56423548
Sounds simultaneously comfy and terrible

>>56423548
>3 weeks

>>56423548
I wish I could go back to that. Was in teams meeting all week.

>>56423548
Then it's time for you to go to the city and link up with scoopsies. You aren't working so you have no excuse anymore.

>>56423199
arent you a jew

>futures

>>56423752
weekend dow is up

>>56423032
This is some mental gymnastics here. Apple holds the patents and branding to coast. A bobo would complain thats its over for good and yes bobo is right on a 100 year timeline but you'd be damned not to hold shares of apple for the next 40 some years. Apple software is just good enough to coast for that time it has no competition and can handle getting jeet'd and LGBTQ'd for that many decades. You can't name another good hold stock in tech on that long time frame not even microsoft cause windows will collapse from the baggage faster then apple's systems, no single chip company will pass apple in growth other then nvidia in a 1 year bubble that collapses like cisco did after 2000. And lets be honest, you can't even beat apple with government bonds cause thats a clownshow to nowhere while apple just slurps peoples money this century.

>>56423636
Yes

Before I leave for the weekend, I just want to say to the scrapers with actual money
You all better pump my oil and gas producers

Why are large, nationally-reputable holding companies or investment banks so over-powered? They're even better than indices. Berkshire Hathaway, Tata Investment Group, Bank of China with a 7% dividend yield, JPMorgan Chase & Co., etc. etc.

Unless you have a particular company you feel strongly about that it will 1,000x it doesn't make any sense to do anything but place your money with these powerful institutions.

>>56423818
oil is going to be down because the government just put in a massive offer to refill the spr for $79 a barrel

>>56423838
>government setting a price floor over $10 below ask is bad for oil

im tired of thots being all over every social media platform
i need ig for business and fb for family otherwise it wouldnt be a problem

>>56423847
>the govenment buying oil for $10 under ask isnt going to take oil down to $10 under ask
you think their purchase doesnt count or something?

>>56423862
you can only buy at that price if somebody is willing to sell. Who wants to sell at $79 when the price is >$90?

>>56423855
whores have always been the richest wagies in town. Like how the average whore in a mining town was pulling in $55 a day, when the average miner was making $5 and the average american $3

>>56423752
>bogleheads buying literally every thing and then chilling

>>56423874
there is someone who will sell to the us government especially since they just lifted the venezuelan sanctions. Oil is going to continue to drop this week, sorry baggie

>>56423900
The last time they tried to buy was at $70. They didn't fill most of those measly bids. Notice how they keep raising the bid, trying to play catch up with the markets.

>>56423906
pure copium, why do you think the sanctions were lifted the same day the put in the offer? Sorry bud

Give it to me straight bros how fucked is Amazon gonna get on earnings? I’m thinking about buying puts before. Consumer spending is way down and Amazon is facing headwinds from government.

>>56423914
sorry mr. Biden looks like you're just going to have to cough up the money, ask is up here

>>56423915
consensus is an eps beat of 12%, the best projected next week
>>56423922
hahaha good luck but the market doesnt actually care about your hope and dreams or your bags

>>56423934
the market didn't care about your last bid either Mr. Biden. You wanna wage three wars, best start raising that bid and filling up that SPR kek

>56423940
now you are just embarrassing yourself, no(you)s for you

>>56423915
Why do you think traders haven't already priced that in

lol the government doesnt have the balls anymore to do shit to corpoglobohomo
antitrust? what's that?

>>56423963
Because the market is waiting for the news of reduced spending to drop. I honestly think it could fall to $100 when they miss on EPS.

>>56424011
see >>56423934
they are expect to beat by 12%

>>56423569
At least I'll be remembered tranny

>>56424034
not you faggot
but glad to know you think of yourself as a retard

>>56423880
>your mind on boomer accounting

I keep selling 0dtes prematurely. On Thursday for example, I caught the huge double top that started during the QA session with Powell, but I panic sold my puts at the first sign of resistance. $16 OTM puts I sold for $26 eventually became over $50. Given the recent momentum I had no reason to assume it wouldn’t drop further but I still sold early regardless. How do I stop cheating myself out of these gains

>>56424034
Being screen capped is a great honor for any poster here. Even if it's embarrassing.

Day 2 hangover someone come kill me

>>56424065
How does someone get a 2 day hangover? Have you never consumed an alcoholic beverage in your entire life up to this point?

>>56424029
But in that case wouldn’t the stock likely fall with that being priced in? If earnings is gonna be so great why is the stock dumping the last week?

>>56424074
I'm just slow and kinda week from not eating well yesterday. I drank for like 13 hours on thursday (4 day workweek). Also woke up somehow suffocating on a combination of post nasal drip and aspirating saliva.

>>56424095
How much did you have to drink? If you were drinking for 13 hours you were either nursing those drinks or a fucking tank like me.

>>56424090
everything was dumping last week on no news, well fargo or boa (i forget which) said it was all due to retailers shorting, who have zero idea what is going on because muh ww3 means line goes down. There is currently $100b in short positions held by retailers and they are going to have their accounts deleted next week :^)

>>56424109
Yeah it was spread out and then a bunch after like 10pm. I just feel like I have a cold today minus fever and sniffles which might actually be the case. Also forgot my Zyn and couldn't buy any so I started smoking American Spirits which were disgusting and probably contributed.

>>56424055
just wait for your nuts to drop. i held puts through both tops and sold them at the low.

>>56424074
i had a 3 day hangover once. idk how much i drank but im never playing party drinking games again

>>56424130
You think next week will be green? Why would it be?

Ok anons, I am newer to all this.
I started in Jan, mainly buying SPY and some very small amounts of random stocks that intrigue me.

I recently downloaded Thinkorswim, and wanting to get into day trading more.
I have hated khanacademy in the past. Investopedia is good, but I am a better video learner.
I was curious if anyone can suggest a good series, that doesn't overcomplicate stuff at first, and ideally uses Thinkorswim to show everything. So I can learn about the program as I am doing stuff, and how to set up the charts to read them well with what I am trying to do.

I figured my best start was to learn how to draw the lines in charts, and actually read the bullish and bearish patterns. Then play around with it in paper trade before using my real money.

>>56424162
I had a dream we pump all day

>>56424074
poor quality alcohol and/or plain old age can fuck up even the most experienced drinkers

>>56424162
here is the market seasonality chart on top of the sp500 for the year, we usually get a double bottom in october and go straight up the rest of the year, which is exactly what has happened. Second, when august and sept both post loses, the market rallys 8% historically, which we did. Third, 90% of the sp500 is trading below the 200 moving averages, indicating very over sold territory. Fourth, j pow low key said that inflation has already been beat and there will be no more rate hikes. Fifth, oil dumping, vix dumping, yields dumping, all of which were up for months, this money will find its way into the market this week. Sixth, every company that reports this week is projected to beat eps

Status
>be me
>need a 4x to be FI
>code monkey job, soul sucked out, completely drained, ready to quit
>can switch to some shitty wagie job or neet, but this will make fi impossible
What now?

>>56423579
You just described my life

>>56424216
Quit and live in a van while you work on a side project.
That's what I'm doing.

>>56424184
btw
"on demand" mode in Thinkorswim is completely simulated right? I notice there's a toggle when logging in that lets you choose papertrade, but is on demand mode the same exact thing?
Wanted to ensure before I accidentally buy $8k worth of stocks that i dont have in my account

>>56424055
The only way to change your behavior is through practice and exposure. Lower the pressure on your nerves by trading the underlying, limiting yourself to fewer contracts, or paper trading until you can make a trade plan and follow it. If you don't have a plan for entry and exit then make one. When you're happy with your habits then scale back up.

Using position sizing to lower your risk can also help. If you buy 5 contracts you can sell 4 at your profit target then let the last on go a while longer to explore further upside with less risk.

>>56424216
Work a part time job, and compliment it with some hobby coding in your free time. Consider commission work on Fiverr or something.

While I wasn't in that industry, my job was killing me. I ended up starting real estate courses, and just got my license, and signed w a broker. And even though I haven't sold yet, I feel happy. I felt stuck in my old job and I feel this put me in the direction I want to go. I will have to get another job to live with for now until things get rolling. I realized though, I will never be happy unless I am my own boss, and also making bank, can work anywhere as well. So that is my future goals. I'm ok with some sacrifices now.

>>56420783
>when reality finally catches up
Bro when is that? Serious question. The reality is that people don't care for it even when being made aware of it. Basically fuck it.

>>56424271
>Consider commission work on Fiverr or something.
I'm an Euro-Peon, unfortunately. There are incredible amounts of red tape to clear before you can do anything legally.
>compliment it with some hobby coding
This is what I did before professional coding. SUCKED all the joy out of it, I hate computers now.

>>56424184
>day trading
SMB capital and live traders (jared wesley) are good for intro. SMB gives breadcrumbs but you should piece together info and figure out how to approach the market rather than directly giving you a strategy. Its like teaching a man to fish rather than feeding him. Jared is straight forward but ultimately youll need to go deeper. MarketLife (adam grimes) is probably the best channel, his hudson session and free courses on the website are a requirement id say even though he does not deal with day trading too much. Again he teacher how to fish rather than feed you. You should also learn either tape reading/order flow or how to read volume. Its how the market moves and for that go learn Wyckoff and volume spread analysis to read price action properly. I dont think there are good videos on this, its all books.
>thinkorswim
idk

>>56423548
>>56423574
Have you tried being less of recluse? You know like getting a part time job, or doing streaming, or at least taking dance classes. I swear to God if you don't you might as well post your address so I can end your miserable existence.

I think for some reason I'm producing too much saliva from drinking or something and that's why I feel off. Can anyone comment on this? I have an aunt that's a bit of a lush and she started to have a problem where she was salivating way too much so IDK if this is a real phenomena

>>56424184
don't

>>56424295
Find new interests and hobbies desu.
I was in the same boat, but also I realized it was depression from my job.
I had taken temporary disability for a month before I left, and I noticed I started gaining slight joy in my previous hobbies, where as before I wanted to do nothing besides work to make money. So it could just be the position you're in mentally, and not even realize it.
But yeah, find some other interests, and if you can afford it, get something part time to have more time to yourself, and find stuff that makes you happy. It is easier said than done desu, sometimes looking for something can make you depressed in itself. I personally found joy being around people, even though I have social anxiety, afterwards I felt genuinely happy. And I have simultaneously worked through about 85% of my anxiety, and it's only getting better

>>56424299
Thanks anon, and yeah I completely agree with piecing together info. However, sometimes I feel I learn best when I am handheld through the bare basics, then when I grasp that I can piece it together. That initial jump can be overwhelming and I tend to get lost figuring out where to go next.

>>56424184
this playlist is like 5+ hours of tips, how to's, and indicators
https://www.youtube.com/watch?v=DTSif4SidLI&list=PLFN9oewpgt8Hy1eH66q5xDgV-14ZKS2BC&index=6

going to an AMP tonight for the 1st time. how do I get a happy ending?

>>56424240
I don't get where you would park a van that both doesn't have the cops called on you an hour after you park and not so dangerous that you're going to get your shit broken into and your kidney stolen.

>>56424355
What are you retarded? Just ask for full service and remember to relax, don't be nervous, or you won't get hard. I recommend taking deep breathes in and out before going in but chances are the actual massage should help you relax enough before the cock massage. Just don't be a fucking awkward ass retard about it. Anyway thanks for the quality post anon! Very financial, much stocks, and cocks. Another day I'm reminded what a fucking lover I am posting with lovers like you.

>>56424216
nigga just do drugs its what everyone else does to get through the day

>>56424406
I am an alcoholic.

>>56424404
>autocheck change loser to "lover"
Fucking gay

>>56424314
>Have you tried being less of recluse?
Yeah, but I'm not good at it
And now that I'm jobless, I need to save money anyway. Maybe if TQQQ pumps up to like 41 next week, I could afford to go to a bar and get a hamburger and beer or something

>>56424404
how to /smg/:
look at the picture, if anime faggot then
look briefly for key phrases in the text
if you find something like
>cock massage
>ass retard
do not go on an read this text
don't try to understand it

protect your mental health

>>56424417
i mean thats good and all but a benzo you can take while at work and the day will go by 8x faster.

>>56420509
>>56420659
>>56420684
>>56420713
GameStop is not going bankrupt. It has 1 billion dollars cash on hand, zero debt outside a small COVID relief loan from the French government. Ryan Cohen is now President, CEO and Chairman of GameStop and gets entirely compensated in shares. It's going to get short squeezed eventually and you're missing out not slurping cheapies at this moment

>>56424240
Oh a van dweller! You should drive to Michigan. You can park your van in he parking lot outside my apartment and use my wifi

>>56424334
its gonna be hard and i recommend you paper trade. the other anon who told you "dont" is giving good advice. but if youre bent on intraday trading then youre in for quite some learning. if you want me to set a shortcut for you then here: watch adam grimes as he sets a good foundation for how you should think about trading. then pick some strategy. if you pick indicators of something like that youll probably fail. I recommend you pick up wyckoff and volume spread analysis. finally, and use the "Triple Screen Trading System " from alexander elder (read up on it) alongside your strategy so you have some multiple timeframe understanding keeping you out of trouble no matter the strategy. youll also need a good mindset so for that read/watch tom hougaard speak about psychology in trading

>he didn't invest in blue octopus futures

>>56424432
You can't save money if you don't make money you dumb ass. Spending 0 dollars on average day after day is pretty hard, I know I try to make that my goal.

>>56424436
Hey my posts are fucking quality posts here that help improve mental health by reminding everyone to try and do better. I don't pretend I'm not a degenerate loser like the rest of (you)'s but I'm at least saying let's do better for ourselves and then maybe, just maybe, /smg/ might get better.

She doesn't know I exist...

>>56424471
>You can't save money if you don't make money you dumb ass.
I'm saving it from going elsewhere. This is my first time being unemployed since college, so I have quite a bit saved up, and now I just need to conserve it. I can go a couple years without working before I need to start selling off investments

>>56424355
>get nked
>brush her calf or thigh a bit to see if shes cool during massage (if you dont know its an amp)
>towards the end she will brush up against your dick "accidentally"
>tells you to flip
>asks what you want, gesture or use their code
as >>56424404 said, practice your breathing and dont get too excited and you should be good.

Are Americans in the thread right now? Please don't crash the markets, I can't take another -50%.

>>56424488
two-checked but no promises

>>56424488
Have you considered switching to long-dated puts?

>>56423548
didn't you used to be a glowie? why not go back to the glowlife?
the way things are going it may be the only way to not be put in a mass grave and you might get a state-issued waifu out of it

>>56424518
Us Europeons don't have the good brokers who can just handle all the financial instruments in existance.
Stocks, Bonds, ETFs, Option-Certificates (mind you, not Options), other certificates, that's pretty much it.

>>56424536
I've thought about it, but my security clearance expired. I'd have to start from the beginning again I think. Also, I'd have to move back to the DC area and I fucking hate it there even more than I hate it here

>>56424488
Don't worry bro, we got you.

>>56424488
We are your greatest ally.

>>56424536
Never been a better time to be a glowie. He could have been at the January 6th ((((((insurrection)))))) telling the capital police to stand down while getting paid for it.

>>56424542
just use IBKR mang

>>56424555
>>56424560
Than you Anons. I am glad already that I don't suffer from home bias and can profit off the best and biggest market there is.
Home Bias if you are American means: Ok, you may lose some smoothing effect, really not that bad.
Home Bias for us Euros means: You only get to invest into socialist trash stocks that will lose you your HARD earned and HEAVILY taxed money.

>>56424488
>>56424577
Plenty of US retail investors here. I'd say the vast majority of us.

>>56424577
Man I don't know how Euros do it. On the one hand your quality of life is pretty decent but on the other hand you guys are really stuck in some stagnant boring systems.

Long oil, long uranium, long bond yields. Simple as.

>>56424608
This, and also long gold.

>>56424444
CHECKED


GME KINGS WE WILL WIN
BUY CHEAPIES NOW ONLY $13!

>>56422606
What stocks are you holding?

>>56424592
The best way of life is maybe becoming a qualified wagie in the US, saving up a small sum of 100k per year and then retiring to Europe after 5 to 10 years of work.

>>56424592
>>56424626
Unless you plan on having some kind of medical situation, where you need an artificial tooth or a bypass surgery or cancer treatment or something like that.
It's "free" in Europestan and you pretty much get what you pay for.

>>56424626
>>56424629
I'm dual citizen Swiss. Honestly thinking about moving back when I retire since half of my family is from there anyway. It's ironic though you mention Healthcare because Switzerland has some of the most expensive Healthcare in Europe and when I heard America was modeling it's "socialized" Healthcare system after the Swiss I just face palmed.

>>56424619
ORLEN, JSW, YAL, PXT, YGR, EC, PBR, CRK, CTRM, CNOOC, BABA, JD, 1088. Ones I'm holding and the ones I'm buying next deposit.

>>56424643
The "free" health care in Non-Switzerland Europe is only worth it if you are unemployed or some lowly wagie, because it is a fixed percentage of your income.
I pay some 1000€ a month, in the US this would get me world-class health care and here I get the absolute minimum and appointments in "somewhen x months".

im not baking, someone should

The Palestinians are suffering a lack of flour under the Israeli blockade. Bake to stand with Gaza!

Baking.

>>56424669
Yeah $1k a month would definitely get the best health insurance in the world here in the states. It's crazy how much yuropoors are taxed.

>>56423078
I need that pepe.

Can you guys eat your money?

>>56424717
I'd rather eat equity.

>>56424717

>>56424717
You can give the money to a wagie and he will prepare food for you, for example a burger for 1.40€.

>>56423078
>>56424702

i was out of town recently, what's the quick rundown of this blue octopus meme?

>>56424717
the usa has the best farm land in the world, 100% of fertilizer inputs on convenient, is a net energy exporter and 3000 miles of moats preventing it from ever being invaded. There is zero chance of a food crisis in the usa

>>56423900
https://www.reuters.com/markets/commodities/venezuelas-september-oil-exports-hit-second-highest-this-year-2023-10-02/
>Venezuela's oil exports in September topped 800,000 barrels per day (bpd), the second highest monthly average this year, as state-run oil firm PDVSA and its joint ventures recovered output, particularly in the Orinoco Belt.
How much barrels per day does America need again?

>>56424746
20m but if you cant see how dropping an additional 800k heavy sour that america prefers wont drop the price of oil, there is really no helping you

>>56424746
>What communism does to production.

>>56424755
>additional 800k heavy sour
not additional 800k, it's still the second highest monthly export number. Details details

>>56424775
see >>56424766
they are going to ramp back up production now sanctions are off, sorry bud but oil is going to dump from here

>>56424778
>ramp
key word. Demand keeps ramping up too.

>>56424755
>>56424778
Median forecast is desanctioning will free up about 200kbpd over the course of years. So not nothing but not a game changer.

>>56424542
There is a handful of short-ETFs you can buy at most europoor brokers if you feel like shorting the S&P or DAX.

>>56424785
exactly. It's easy to jump into quick conclusions with these things but it takes time to bring new supply to market. You don't just wish up hundreds of thousands of barrels per day out nothing, it's a process.

>>56424778
They can't ramp anything up because the PDVSA is full of incompetent and corrupt people. Not until the IPO the company and the government loses close to half the share in the company.

>>56424784
demand for oil is dropping though
>>56424785
its part of the continued plan by the democrats to get oil prices down before the election, why oil shills dont understand this is beyond me

>>56423081
If that was remotely true they would get serious and cut spending first.

>>56424801
see>>56424802

>>56424802
>demand for oil is dropping though
wrong. Keeps rising every year from the year prior, sans (((2020))). Same is true for natural gas, uranium and yes even coal demand.

>>56424675
>The Palestinians are suffering a lack of flour under the Israeli blockade. Bake to stand with Gaza!
I've caught myself drinking tap water, switching the lights on and off, making pancakes with fresh eggs and flour while thinking of how Palestinians don't have those nice things. Anyway, how can we profit from this?

>>56424802
>its part of the continued plan by the democrats to get oil prices down before the election, why oil shills dont understand this is beyond me
Yes, as well as emptying the other half of the SPR.

Now ask yourself what the good towelheads at OPEC think of all that.

Wow this day even managed to get worse

>>56424755
>he thinks supply is the main driver of oil price

>>56424811
Brother you have janitors working in PDVSA they can't produce shit unless foreign human capital has management of the company.

>>56424717
>Can you guys eat your money?
Last I checked, they were not handing out food for free. How would farmers buy fuel for their tractors and what incentive would they have to work?

>>56424821
What? Do you own BITI?

>>56424813
hahahaha no its not, now you are just making shit up
>>56424818
usa is a net energy exporter, who gives a shit what they think?
>>56424822
>he thinks some tiny war in a country with no resources is going to moon oil
>>56424824
>muh janitors are going to make oil moon despite the us government creating poiicy to crash it
hmm wonder who is going to win

>>56424829
They can't ramp up anything there is no human capital there. There's no competent people to do the job.

>>56424829
Show us your oil shorts anon.

>>56424838
cope
>pl-pl-please muh oil bags, it cant happen!!!1!
>>56424840
i dont invest in oil, which is why i can look at this objectively hahahaha

>>56424829
>usa is a net energy exporter, who gives a shit what they think?
The EU, Japan, and a dozen other energy importers we want onside.

>>56424849
>us oil is going to moon because we need japan and europe on our side!!!!1!
we occupy them with our mlitary bud they cant do shit regardless

Bakers get a paid holiday or something? wtf

>>56424848
You're the one that's coping. How the fuck does a third world commie shithole with a declining oil industry and corruption "ramp up" production. There are literally no competent people to do the job that's why the production fell in the first place corruption and incompetence. The only way Venezuela increases oil production is if they let foreign capital enter.

>>56424818
I can't believe there are still people who think the US matters at all when it comes to oil. OPEC is in the driver's seat unless US shale goes to maximum overdrive, which it won't and arguably can't anymore.

Though one thing the US could do to flood the market with oil again would be to tap into the Alaskan National Petrolium Reserves. I wonder when those will come into play.
>>56424829
>hahahaha no its not, now you are just making shit up
If you can't be bothered to even research the basic facts then why are you so insistent on arguing about things? Here let me spoonfeed you so you can educate yourself.
>oil -- year on year demand growth every year sans (((2020)))
https://www.statista.com/statistics/271823/global-crude-oil-demand/
>natgas -- click on "annual" and notice the line literally only goes up
https://www.eia.gov/dnav/ng/hist/n9140us2A.htm
>uranium -- crabbed until now but beginning to trend up as also evidenced by the massive global push for new nuclear power plants
https://world-nuclear.org/information-library/nuclear-fuel-cycle/uranium-resources/uranium-markets.aspx
>coal -- literally set new global demand records last year
https://www.statista.com/statistics/265507/global-coal-consumption-in-oil-equivalent/

>>56424869
the same way they always do it: hire westerners
>>56424870
im not reading all that shit, its a well known fact oil demand continues to decrease every year and now with the us government creating policy to crash oil before the election, its going to crash, sorry sport and thanks for playing

>>56424882
>it's well known renewable energy will power our entire society by 2025!
ok nigger stay poor I guess

>>56424885
you bought the top of oil, you are going to be poor hahahaha

>>56424889
long & strong E&Ps since $70 keep coping though

next
>>56424901
>>56424901
>>56424901
>>56424901

>>56424892
its going to $60 by eoy do remember to set a stoploss hahahaha