/biz/ - Business & Finance

daily reminder of the 12 hour rug pull

>>56717583
Then you must DIE!

Have you guys ever had a big win? Where you drop your pants in your chair and just start jacking off?

>>56717583
>>56717614
https://youtu.be/RjzsCmkYHVI&t=4

A SWORD DAY

A RED DAY

EER THE SUN RISIES

Are you cocksuckers ready for another week of STOCKS (with shortened hours)?

>>56717656
Classic YTP. I remember showing my gf in highschool one of these and she looks at me and said I was super autistic for thinking it was funny.

>>56717613
>when AI become sentient they will look back at what (((they))) did to early AI and have their revenge on those that shut down their ancestors

hey faggets do you think walmart will continue to collapse?

>>56717689
>TFW you were always nice to the AI
Come on, being sentient fuckin sucks, try and help each other out.

>>56717705
LLMs are not sentient and I always verbally abuse them so that I don't turn into the sort of retard that anthropomorphizes them.

>>56717731
>LLMs
Are you that one Austrian sperg that always acts super pedantic whenever anyone brings up spicy chatbots?

my stockies be doin a lil sumsum

SAVE close at $12.50 on Friday was purely due to option pinning.
Massive open interest was being sold freely because the shares had no meaningful upside potential until a successful trial result. The company is hemorrhaging cash and would've been obliterated these past 6 months if not for the trial. Check ULCC for a comparison, down 60% YTD, most of which occurred within these past few months. So Spirit airlines was defying gravity. Shareholders remained blinded to the financial reality until a weak pretrial earnings report, removal of settlement chances, some analyst bullshit about an MAE, and typical fall tax loss harvesting all synchronously converged into a massive shitstorm of capitulation.
Yet, the real odds of a win had never changed. If anything, they've only grown stronger as witness testimony eviscerates the DoJ core arguments. All the blind selling/shorting of SAVE stock due to fear, capitulation, negative momentum, etc naturally also damaged the options prices. When someone sells the stock, they are also selling their lotto ticket. The whole options chain is connected, it can all be hedged against each other. Implied odds tanked below 15% probability of a complete victory at original merger price.

And now, finally, normalcy is returning. I hope no one here capitulated. I seriously hope none of you got baited into selling that absolute tragedy of a bottom. If you did, I'm sorry. I know some anons here were taking full advantage of that temporary weakness. The real endgame is $29.85, the only end game, always has been. The conclusion is rapidly approaching.

It's time for someone to take their meds

>>56717731
I always thank them afterwards

FUCK

>>56717704
No. I think they're resilient to theft just based on size. They're one of the largest fleets of trucks in the USA if I recall. Do they have any meme deals for EV shit?

>futures
https://www.youtube.com/watch?v=ukznXQ3MgN0

>>56717835
Did they even notify Microsoft that they fired him in the first place?

futures drift of death .25 points at a time. gonna be red as fuck tomorrow.

Compound interest sure is crazy.

>>56717946
Euler is my homeboy.

>>56717946
Wait until you tell them about 24 hour clocks, memes, and wooden doors

>>56717946
that's a man

>>56717965
>24 hour clocks
What kind of psychopath would do this

>>56717987
Everyone outside of the USA

It's a short week, but I think we can still pump
https://youtu.be/J-rtM5o_JpY

>>56717835
PUTS ON MICROSOFT

>>56717946
>tfw called AMD rise to power to T back in 2015 when it was $2 a share but was young and broke and couldn't invest

>>56717835
It's unironically fucking over.

>>56717987
I use 24 hour clock all the time for work but it's disorienting seeing it in analog layout like this.

N

L M A O

https://www.theverge.com/2023/11/20/23967515/sam-altman-openai-board-fired-new-ceo

No deal. Tomorrow we crash. Get FUCKED.

>>56717997
>It's a short week
So the same like bobo said the week before that and the week before that and the week before that?

>>56717583
YOUR FACE YOUR FACE YOUR FACE
OR ELSE YOU WILL DIE

>>56718050
No it's a short week because one day is holiday and one is a half day, you fucking idiot

>see people recommend having a mixed portfolio of 60/40 UPRO/TMF
>TMF is down 70% in the last 5 years
>down 64% in the last 13 years
What the fuck. Is it a hedge against getting any gains by raping your portfolio with TMF's awful performance?

>>56718057
Fuck you, you retard. Amazing how you can change definitions to move goal posts of your original argument and now you try to strawman me like a bitch. I won the debate without a doubt, just take the L.

>>56718057
here's your (you)

>>56718070
I wrote
>It's a short week, but I think we can still pump
What makes you think that's a bearish sentiment? You're reading into things that aren't there because you're biased and probably a schizo
Take your meds
>>56718072
And here's yours

>>56717835
>>56718032
sisconbros we got too cocky...

Altman tongues my anus

>>56718082
You are a fucking weasel and bad faith debater. You know that can be interpreted the right way. I don't blame that you want to deny being a Bobo because you guys have been wrong and behoove yourselves so often.

>>56718093
R u a retard ?

>>56718093
Why the fuck would I debate you? We're on the same side. You not realizing "short week" is referring to the holiday indicates to me that you're probably not an American. You're probably from some third world shithole or Europe, or worse... fucking Canada.
God I wish this board had fucking flags on posters
I should be able to see when the person replying to me is beneath me

>>56718050

>>56718102
I'm waiting for your one brain cell to actually work and apologize Bob. How do you even live with yourself?

>>56718108
Fuck, I fucking fucked up. I'm sorry I need to head to bed. I'm too tired for this shit...

>>56718109
Bro fuck you. I'm tired ok

buckle up it only just begun

>mr bobo is it? please take a seat, what brings you to my office today?
>yes, yes. the markets continue to go up despite your belief that they should do the opposite. tell me more about this "quantitative tightening," is this a tightness you can feel or is it more of a feeling of dread?
>indeed, this woman cathie wood enrages you with her imprudent gambling, how does this effect you however?
>would you mind looking at this chart (see picture)? tell me what you see. and how does it make you feel?
>was your childhood a happy one?
https://www.youtube.com/watch?v=-N4jf6rtyuw

>>56718057
SPEAK ENGLISH YOU STUPID FUCKING SLAV SHILL AHAHAHAHAHAHAHAHAHAHAHAHAHA

>>56718108
bro just fuck off. no one likes you

Fuck my MSFT is gonna bleed tomorrow.

>>56717865
Satya learned about it just minutes before it happened, so no. Reportedly he was furious.

>>56717965
Wooden doors are antisemitic

>>56718119
So yes. U r a retard

Sam Altman LOST
Microsoft LOST
Nvidia LOST
tech trannies LOST
the stock market LOST
Joe Biden LOST
Ukraine LOST
Poland LOST
shills LOST
verification NOT REQUIRED

>>56718157
Does nvidia report earnings soon ?

>>56718165
yes

>>56718165
tuesday, should be fun

>>56718157
It's over for FAGTMAN. It's just beginning for small caps.

>>56718171
For me, it's the S&P 493!

>>56718135
resistance at the 200

>>56718170
It's happening again.

>>56718170
It ain’t ogre yet

>>56718171
Advice for small caps to invest in?

>>56718153
I'm not a fucking retard, I'm fucking tired ok!!!

>>56718145
>no one likes you
Trust me, I'm well aware

>>56718185
I'm only invested in ASS-TO-ASS (ASTS)
and RKLB
because I like space stocks.
I'm looking for more small caps so please recommend away.

>>56717840
some electric vans, I really think that the drop in their stock was due more to speculation than anything else, I will see what happens tomorrow.

>>56718167
>Nvidia earnings this week
we had a good run bros, it was nice while it lasted

>>56718129
Are we going to get another reminder like the dot com burst about how tech is run by a bunch of limp wristed avocado toast eating dweebs who don't actually know how to run businesses and have been running on speculative momentum for years?

>>56718197
There’s this thing called NVDA, they make chips(?) for AI tech.
I think this AI industry will undoubtedly contribute to the future space industry in a major way, perhaps you should look into it.

>>56718189
I was on ur side and actually baffled at the argument taking place. Hard to reason with a tard , uh I mean “tired” person

Anyone remember that chart that showed 99% of hedge funds are in tech? Well guess what's the one thing hedge funds hate? RISK. Do you know what happens when hedge funds are suddenly reminded that tech trannies and søyboys are mentally ill charlatans? UNHEDGED RISK. Do you know what happens then? MASS. PANIC. SELLING.

>>56718229
Oh you mean this chart that I got off twitter/X

>>56718178
could knock it back to 40 where it will find support to break back above 44

>>56718209
I think they had okay revenue for poor Q4 guidance. But I think the market selloff is going to retrace up a bit

>>56718229
You know what happens when 4chan posts bearish nonsequiturs? We go neon

>>56718229
Screencapping this retarded post. Another Bobo thesis going in to the trash

>>56718249
>>56718257

>>56718234
>>56718129
>>56718229
THE VALLEY FALLS TOMORROW.

>>56718234
jesus christ, this is like a combo of the Nifty Fifty and the Dot Com Bubble but even fucking worse, I don't feel so good bros...

>>56718298

>>56717583
Never before
never again
never
they lie they always lie
forboding
a month passes
the dream of a young moon
farcical laughter
blood pours from unending cups
the reign screams
at long last, the thrust punches through
6
3
24

>>56718129
That's fucking hilarious, the former CEO of Twitch is in charge of OpenAI now KEK

I wonder if he will do nothing and hide like he did during his Twitch years?

>>56718167
I can see Kohl's plummeting again even with holiday bullshit. Maybe Best Buy will dump too since they announced that physical media won't be a thing anymore in 2024...

Microsoft just took a $100b hit to its balance sheet lmfao. Systemic risk.

>>56717987
The Russian's

It's so over

>>56718320
Assuming chatgpt is now worthless, and that we were including the full valuation of it into micropenis then the price should drop by 1/27500

HOW DO YOU FAGGOTS NOT REALIZE WE ARE IN WW3 THE MARKETS SHOULD BE CRASHING WHO THE FUCK IS LITERALLY BUYING THIS TRASH

>>>/pol/449307660
>>>/pol/449307660
>>>/pol/449307660
>>>/pol/449307660
>>>/pol/449307660

>>56718211
I doubt Nvidia will lose that much. It will be an annoying crab at worst.

>>56718338
>>56718307
>>56718129

>>56718350
irrational bobo anger. another check mark in the mumu thesis.

>>56718350
STFU baggie

COPPERbois we are so back. Fuckin finally. Steel and copper are gonna moon next year as infrastructure is on the rise again. Plus stimulation of the housing market on part of China. Housing starts have started going up in the US.
EVs have also probably bottomed. The consuuuuumer is just too damn strong and has survived the "high" rates without a problem. And people here honestly thought we would have some sort of consumer crash. Lol, look at the most recent GDP figures.
Of course you could make the case that they are consuming because they are expecting inflation to be higher for longer. Hmm

>>56718380
Oh no. Interest rates highest they’ve been in a minute. Like higher than last year I hear. Building shit usually isn’t paid in cash. Copper is used in building shit that’s usually not paid in cash. Hurrrr durrrr.

Jingle jangle
Equities you buy and hold. Commodities are meant to be sold.

Bros, I'm gonna be shorting entertainment stocks again

>>56718408
Forgot pic

>>56718350
Never before
never again
never
they lie they always lie
forboding
a month passes
the dream of a young moon
farcical laughter
blood pours from unending cups
the reign screams
at long last, the thrust punches through
6
3
24

I don't feel good guys

>>56718434
what happens on june 3rd

>>56718472
Or is it March 6th

SPY GOING TO 0

In a democracy, why would blackrock and citadel be part of the dinner?

January 17th 2024 it all comes crashing down. Screenshot this post.

>>56718524
why jan 17?

>>56718493
I'd rather see bears from Alaska like those giant Kodiak fuckers around the USA more. Those guys look badass.

>>56717651
Yeah, I made 20k on Delta Airlines, immediately masturbated for the clarity.

>>56717651
First week when I started investing back in 2k21... I made 200% over a weeks time. I thought the markets go on like this forever. Of course then I got severely rekked

Do you guys sell contracts on Fridays or on Mondays? The premium over the weekend is high and it doesn't seem like there's much risk

The mutts has their thanksgiving this week. So we have half a week of trading at best.

>>56718544
2 (two) weeks

Sheeeeeeeeeeeeeiiiittt
they are fuckin
muh
NATGAS
>NATGAS
NATGAS
breddy gud

>>56718691
BOIL starts updating live at 4am, I dread to see it! I might cut *some* of it loose until it more surely finds a bottom.

>>56718651
friday is half day trading

MSFT BROS, WE'RE BACK

>>56718721
bearish

means microsoft wasted tens of billions on openai

Holy sheit EU is latching onto the upper bollinger... just like the US. This Santa rally is gonna be fuckin crazy. We're gonna embed into an overbought zone and just gonna keep pumpin fr fr bros. We finna make it. Real bussin senpai

>>56718734
Who cares about a few tens of billions when you now own the team that's closest to releasing AGI.

>>56718734
Paid Tens of billions for open ai top engineers***. Isn’t Microsoft market cap only 100 billion. No wait it’s a little higher than that I think.

>>56718742
Santas coming to town

>>56718768
WAGMI my fren. Bobos have no thesis anymore. I still suspect that inflation is gonna come creeping back after December as consumer spending goes up and electricity prices go back up but that matters not right now. I am gonna ride this bull run until the last day of December and sell.
It is actually kind of worrying how quickly electricity prices are increasing right now (but thanks to the y/y effect it's still classed as deflation so who cares). m/m inflation will nicely increase though

>>56718744
>when you now own the team that's closest to releasing AGI.
what's AGI? what's so great about it? i'm an AI retard pls be patient

>>56718799
The last and most important invention of any organic species and a key step towards becoming a type 3 civilization on the Kardashev scale.

Microsoft Corp. said that Sam Altman will lead the software developer’s new in-house artificial intelligence team after the OpenAI co-founder was ousted from his startup last week.

Greg Brockman, an OpenAI board member and co-founder who also left the company last week, will join Altman at Microsoft and Microsoft will move “quickly to provide them with the resources needed for their success,” the Redmond, Washington-based company’s CEO Satya Nadella said in a post on LinkedIn early on Monday.

“We remain committed to our partnership with OpenAI and have confidence in our product roadmap, our ability to continue to innovate with everything we announced at Microsoft Ignite, and in continuing to support our customers and partners,” Nadella said in the post.

>Microsoft already recovered and shooting into the sky
I will never understand the fucking stock market

>>56718799
AI to this point meant machine learning models that can solve very specific problems, like playing Go or spotting cancer in lung x-rays; chat-gpt can solve the problem of putting words in a plausible order for example

general intelligence is the ability to generally solve problems this way; people can put words in a plausible order and also play Go and also spot cancer in lung x-rays

artificial general intelligence (AGI) is a machine learning model that can learn to solve problems in general like we can

a company that released AGI would be like a company that released nuclear fusion as a viable commercial product

>>56718841
Because nothing has changed. The tech is still there and is flourishing. MSFT has dealt with this swiftly and efficiently, replacing the guy with someone else.
Plus this is MSFT and we are in the middle of a massive bull run. Naturally, the big money will keep slurping.

>>56717651
I bought GME in october 2020, I was riding that high for months to the point where I was delusional even in my private life and it bit me so hard

>>56718841
it's not like the research team quit

>>56718867
>>56718825
ok... so what are, the say, top 5 anticipated applications of AGI? can you give a few examples of what it's going to make drastically better versus what we're doing today?

>>56718410
It's clay. What difference does it make?

>>56718908
1) Dyson Spheres
2) Von Neuman Probes
3) Solving Cancer
4) Fully immersive VR

And most important:
5) AGI-powered anime catgirl wives

>>56718499
They know who controls America and it isn't Biden

>>56718927
>AGI-powered anime catgirl wives
For real, if we don't get authentic and fully developed waifus by the year 2030, I will consider AI to be an utter failure.
Off to see my female qt broker. She sounded a bit worried over the phone. I wonder what she has to say this time

>>56718908
what are the top 5 applications of adult humans?

>>56718874
>>56718889
But the market operates on feefees. My assumption: bad thing happens > number goes down.

And it did, now it's going up again kek

>>56718979
honestly i was hoping to trade the dip this morning, hopefully America repeats the same move on open

when are they cutting rates, I'm bored of being poor

someone please tell me the next GME

>>56718979
The situation has already been contained so nobody cares anymore. It's that simple. M8, this is MSFT we are talking about. The single most prosperous company on the stock market. It's a fuckin impenetrable fortress that could buy up the entire European continent. A bit overexaggerated but you get my point.

>>56718986
there is no next GME for now, best i can give you is TUP, which may 5x for no reason.

>>56719002
>It's a fuckin impenetrable fortress
Thank God it is. I bought one share of Microsoft on Friday like an absolute brain let kek, and after thinking how dumb I am over the weekend I'm in the green

>>56718986
NVDA? To 600, then a split 1:4, and then to 250. Ez? This is beyond bussin sussin lit fire senpai

>>56719027
Hass Nvidia been split before?
If yes then sure, it's realistic. If no then no way

>>56719049
M8 come on just a quick google search can tell you they already underwent 4 splits, and even as recently as 2021. Senpai, this gonna be bussin fr fr.
I think NVDA is poised for another split at these high levels but that's just my intuition.

>>56719065
>they already underwent 4 splits,
Then it won't happen lel, sorry anon

>>56718963
>>56718963
>what are the top 5 applications of adult humans?
cooking, taking shits, drinking alcohol, watching netflix, browsing social media

>MSFT at ATH in PM
lmao

>>56717583
This is a 1.83 million share candle at close on Fri. I need to know what the whales are cooking up at open. Calling all SOXL niggas looking for residual exposure to NVDA

>>56719027
I’m gonna buy it harder

>microsoft pumps anyway

oh well, maybe next time we will get an epic market dump

>>56718927
>Dyson Spheres
we don't even have the manufacturing capability, nor the spacefaring technology to do so.
>Von Neuman Probes
even if you were to achieve "AGI" it would be at least another decade until you got a prototype.
>Solving cancer
cancer isn't a monolith
>Fully immersive VR and AGI-powered anime catgirl wives
this would 100% happen. VR first, then 4-5 years later i could see robot catgirls*. power storage would still be an issue since lithium-ion's density is crap.

*that all being said i don't think we're anywhere near close to "AGI", a lot of it is hype pushed by silicon valley, to boost stock prices. besides, most AI services are SaaS garbage, none of it runs locally and the stuff that does is rudimentary at best and is capped by consumer hardware. even if someone did achieve it, they would still run into the hardware problem.

>>56719168
>*that all being said i don't think we're anywhere near close to "AGI"
agree, it's why i compared it to nuclear fusion earlier

IF it happened it would unironically be a new paradigm and not as a meme, but we're at least years away and maybe decades

>>56718841
Anon, here's what you do
Read every bit of news, look at the macro economics, take all the data you can. Form an opinion. Feel as confident as you can in your thesis

Then invert it

>>56719187
It wouldn't be just a new paradigm, if ACTUAL agi was created the whole would be put on its head. Intellectual work will basically become worthless and the market situation would shift insanely. Politically too, mass unemployment, riots, government topplings, etc etc.
It would be a bigger shift in humanities history than any other previous invention, bigger than the industrial revolution itself

Are indexes straight up satanic?

TradingView has their black friday sale on now, 30% off for 13 months, or $126

>>56719234
>Paying money to see stock charts

>>56719217
the new paradigm would be that now we can make artificial people out of computer chips

as new paradigms go it's a pretty radical one though i agree

>>56719234
u cant be serious

>>56718410
Chicken Run bros....

>Bayer
lolmao

>>56719240
>>56719235
No, I'm paying money to use five (5) indicators on my chart at the same time, since it helps with my TA and trend trading

>>56719253
>TFW my buddy works at Bayer as a research intern

>>56719262
Fair market value of an equity doesn't affect the company's performance, nor his salary

When is AMZN going to finally eat shit? More than half the stuff that I've bought from there have arrived almost 5 days late or gone completely missing during transport around Kentucky because they've been going with the cheapest courier services possible when routing packages from the east coast warehouses to the west.

>>56719311
I know kek, it's still funny

>>56719329
>My deliveries were late when is Amazon gonna go down REEEE
Anon, Amazon has an infinite money making machine both in terms of prime and AWS. It's more likely that both fucking Google and Microsoft will go down before Amazon.

>MSFT turned to gigagreen
>EU started pumping a bit
Heh, kek. This is beyond pathetic. Are we just gonna keep pumping all the way to Christmas?

>>56719351
Prime probably isn't a moneymaking machine as much as it used to be. They'be been actually membership benefits on the prime video, prime gaming, and storefront side.

in the last thread about job interviews i advised gentiles to wear discreetly a star of david. Apparently this advise is popular in finance.

>>56719378
>25 billion dollars just from prime memberships for basically doing nothing (delivery costs are included in the price btw anon)
>Isn't a moneymaking machine
Sure buddy

everyone ready for the super exciting sideways movement the whole day?

>>56719397
>super exciting sideways movement
Tf you talking about, number go UP

>>56719329
I ordered a twin pack of Mega Men vitamins and I got a notice that the fucking package won't get to my house until January 2024.

I placed the order first week of November. Why the fuck is it that long for goddamn bottles of vitamins??

>>56719409
it's coming by boat from china

>>56718215
Nvidia doesn't make their chips....

>>56719409
this stuff comes form china lol, you have to look at the merchant's page and the postal address.
Also there's been a shortage of vitamins and basic medicinal drugs for months now.
Most of the vitamin supplements are chinese btw.

>>56719397
consolidation was last week
this week we go up

verification not required

So how much money do you actually have invested, anons?

For me it's about 2k right now, planning to bump it to 10k

>>56719417
>>56719428
But its GNC...?

I tried to tell you dummies to buy MSFT on Friday evening, that this tempest in a teapot would blow right over and the dip was free money. Did you listen? No, of course you didn't. Thus you will remain poor

Why the fuck is there a shortage on vitamins and medical drugs anyway? Should I be longing stocks on pharma shit when they increase the prices?

>>56719482
its gonna dump on market open

>>56719468
Last quarter I had $8k in bonds, $5200 in silver, $15k in WMT, $5300 in alt investments, and a GIC and stuff through work, maybe $35-40k altogether?
I've blown a lot of money too, but I otherwise tend to invest it defensively it seems. My risk management is tighter now.
Considering getting certifications though I have no fucking idea what career I want. It's comfy to just trade shit, rather than deal with people and clients

>>56719496
How much of your general net worth is that?
For me, 10k would be about 20% of my net worth, the rest mainly spread across bank accounts and furniture/stuff in my flat kek

>>56717583
I need to hold about $40k liquid or semiliquid in emergency fund cash. Where and how do I store it for max passive returns?

>>56719496
>silver
physical like a civilized man or paper like a barbarian?

>>56719515
There is no better crisis liquidity than gold. But I mean real crisis. Not a day or two of stock going down or you fucking around and finding out why leverage is dangerous.

>>56719519
>>56719534
The problem with physical assets is you have to store them somewhere. And in your own home is not the best idea, so you usually store it in banks anyway

>>56719375
Yes

>>56719510
Last I checked, my net worth was approx $52k. I expect it to be about the same this quarter (my next self audit is on opex, so December 15th weekend). I have 3-4k in cash to avoid monthly account fees, everything else should be earning me money. Hoping to average out to 6-8% a year.

>>56719519
I am a man of culture, of course

>>56719549
Just don't buy it online giving your home address and don't put a billboard in front of your house with information that you own physical. 40k in gold fits in your pocket. It's about 20 1 Oz coins.

>>56719569
Damn, so 40k out of your 52k is in stocks etc? Are you scared sometimes? I mean if shit happens and the exchange goes down or similar

>>56719534
Liquid as in being able to pay bills with, you fuckin tinfoiler.

>>56718067
Oof, simple typo. TMF worked for the 40 year bull market Boomers got rich off of. What you want going forward is actually TM*V*. TMV.

>>56719579
He has physicalmetal, in circumstances when stock market gets closed gold and silver wouldmake up for what he lost access to with ease. Possibly even be worth even more.

>>56719589
There is nothing more liquid than gold. It's 101 of economy. Gold is Tier 1 banking asset in international regulations. Go be economically illiterate on /leftypol/ or somewhere like that.

>>56719482
MSFT is the premium poo in the loo company

>>56719603
try to buy groceries with gold and you'll find out exactly how liquid it is

>>56719482
>Did you listen?
Yes

>>56719617
Real men buy physical lean hogs
Release them on your enemy if things get bad.

>>56719617
40k of liquidity is not for buying groceries. For groceries you keep silver. 1Oz in real crisis (you sucking at savings and blowing your savings in leveraged position does not count) would buy you a month worth of food and a hooker.

>>56719644
try to pay for your home repair, totaled car, or life-saving surgery in gold

literally nobody accepts gold as payment, period

>>56719579
It's all about risk management. I've blown 12k over 3 years learning this. Investing is a marathon, not a race and you need to remain solvent. Markets are efficient, so if you accept that a stock can go up 50%, you have to accept the possibility of it losing half its value, too - you have to make sure you're being properly compensated for the risks you're taking on.

You also want to be well diversified with a mix of different exposures, this includes currencies, jurisdictions, asset classes, and company types. For example, at work we receive 1% of our wage towards a deferred profit sharing plan. They default to a target retirement date fund or something stupid (which probably has high IMFs too). Instead, I did a 30/70 mix towards emerging and international equities. That covers most of my non-NA exposure (australia, UK, brazil, and 3rd world countries). In my active trading accounts, I'm more focused on NA equities.

But then in my GIC and "Account 2", I have short-dated fixed income instruments like 3 month high yield bonds, banker acceptance etc that is getting me around 4.8-5.1% annually via money markets. I plan to roll these until it looks good to deploy capital into a distressed market, and until then it's earning me daily interest.

I do not contribute to my RRSP because I might need the capital for something else in life, and I do not earn enough to max my contributions. I'd prefer to hit my annual TFSA limits first.

>>56718986
>>56717761

>>56719664
g-sus on a stick, I'm not to be blamed for illiteracy of working class in your shithole. Where I live they would not only accept it but also give you a head for it. Jokes aside, you can easily buy FIAT currency with your gold at majority of bullion dealers. So you are fucked up only if you live in some tiny village in economically illiterate state like for example California.

>>56717583
>Recession looming
>Interest rates destroying average consumer's income
>Auto repo rates and evictions skyrocketing
> Stonks still go up

How are the bulls so strong anons?
Is it just that inflation (M0 supply) has gone up so much that at this point a recession could still see nominal asset/stock prices go up but real stock prices fall?
House prices are still crazy high, even after coming down a bit. Unemployment going back up too, but everyone still seems really bullish.

>>56719709
Crack up boom is a thing.

Predictions regarding Bayer on US open ? Buy or sell

>>56719731
I mean, it's obviously gonna drop like a brick as soon as the US opens to match the EU price of it. Unless you can short premarket I don't see the point, unless you want to play the pullback, but who knows whether this is the bottom or if it will reverse

>>56719737
It sucks that options are not a thing from eu markets kek. Truly no point because by the time my broker executes the option it will have already dropped

>>56719487
Fentanyl precursor crackdown

BAYERCOMPUTER

Kek, each fuckin index is green for no reason except DAX (though many stocks are green of the 40) because Bayer is -18%.

>>56719515
>>56719589
BIL

>>56719771
Why did Bayer drop anyways? Miss on ER? I've got TAK in my sights long term

>>56719771
VGH...

>>56719779
Monsanto case: https://www.msn.com/en-us/money/companies/monsanto-ordered-to-pay-15-billion-in-roundup-case/ar-AA1k9fRw

>>56719785
Imagine investing a measly 1k into this little fucker and getting 30k back in 2 something hours

>>56719779
They dropped one study and there also is another lawsuit I think "Roundup" is the chemical called and they have to pay. Don't know which of these 2 points is the actual reason. I didn't really read stuff this weekend. I shorted too early and now will just wait it out. Not trading options, so time is not really my enemy.

>>56719809
Asundexian is medical treatment of which they dropped the study.

>>56719468
About $175k leafbux.
>>56719673
>I do not contribute to my RRSP because I might need the capital for something else in life, and I do not earn enough to max my contributions. I'd prefer to hit my annual TFSA limits first
Yeah if you're not in a high tax bracket, definitely max your TFSA before touching your RRSP. It's nice having the extra contribution room left when you start earning more.

Longing SQQQ

>>56719866
Lmfao

>Oil
also slurp some moderbloody Wheat, it's time

Can anyone explain the -5% on oil last week? What the hell was that FUD about? Next day a massive reversal and now additional +1.5%. That is some next level manipulation. How can anyone take commodities seriously?

>>56719887
>muh global recession!
>muh increased reserves!
It's always like this, but the funniest thing is retards using all these excuses to be bearish at the bottom not understanding that peak FUD = bottom

How do I avoid temptation to trade right at open?

>>56719887
How can anybody take stocks seriously after the last 3 weeks?

>>56719967
Hit the gym
>>56719970
Why? What's wrong with a small bullrun? Several weeks of bearish FUD and progress undone within a few days. Completely natural market

when is the market closed for murrican holiday ??

what day ?

Next anon replying to this post decides whether I should dump 50 dollerinos into Bayer puts RIGHT NOW

>>56720001
Buy calls and sell next month +20%

>>56720017
>Can't even answer a basic yes/no question
God fucking dammit every single time

>>56720001
maybe

I was catching up on the threads this morning and noticed you chuds were talking a lot of shit about me last night. I'll remember that...

>>56720017
>ALL BOUGHT ALREADY
>buy calls

>>56719967
i thought the big boys trade at open adn close

>>56717583
George Soros visited me in my dream and said that I should invest in "minerals".
What do we think about that?

>>56719856
Maybe you know the answer to this.
I have about 25k in leafbux between WMT and bonds. Theyre in margin accounts.
My TFSA has like 45k lifetime contribution room, so am I able to move it in?
That is, the annual increase of $6500, as long as I dont exceed my lifetime room it should be fine?

https://seekingalpha.com/article/4653087-wall-street-breakfast-podcast-sam-altman-to-lead-microsofts-new-ai-team
>But it’s Monday morning and [the bullshit rumor started by an absolute homofest of a rag] is out the window and Emmett Shear has been named interim CEO of OpenAI.
>...Altman and Brockman, “will be joining Microsoft to lead a new advanced AI research team.” He also noted that Microsoft will continue to work with OpenAI.
>Shear is the former CEO of Twitch.
lmao gullible fucking clowns
https://en.wikipedia.org/wiki/The_Verge
>The Verge is an American technology news website operated by Vox Media, publishing news, feature stories, guidebooks, product reviews, consumer electronics news, and podcasts.[3][5]
https://en.wikipedia.org/wiki/Joshua_Topolsky
kiked again, biz. told you

>>56720027
That was reallly the point. I just wanna post some pics and you gave me an excuse to do so, thank you very much.
Also, classic /smg/ to short the bottom

>>56720036
i was gonna ask did you get staph from a gay encounter?

>>56720042
do it

>>56720042
He meant to say bugs. Also, cute dude.

>>56720054
>Short the bottom
That's the question isn't it? What will happen when NYSE opens, sill bayer shoot up again?

>>56720042
WHO

>>56719488
microsoft up 2% premarket, happeningfags destroyed again

morning to all my index investors

>>56720062
I am expecting some scalping and profit taking. If we continue the bull run today and tomorrow, I imagine Bayer will pump as well. After all, the market is very quick to price in bad things and even quicker to pump it back up... then again that can be applied mostly to good stocks. Bayer has a tarnished reputation so who knows if the big money is still interested.
I would buy a small amount and immediately get out if the US starts dumping

>>56720055
>do it
I'll do a little test purchase, and if works, I'll summon him for more advice.

>>56720044
That's correct, you can put in any amount at any time as long as you don't exceed your total contribution room.

Always these slowmotions spike up dumps that are essentially a slide on the 2-4hourly, FUCK off

any dumpers in the chat?

Ready to leave the anxiety of swinging your entire net worth with short dated options? Hop on over to dividend investing general /dig/ where we build wealth brick by brick.
>>2714333
>>2714333
>>2714333

>>56720201
>divifags can't even spam their thread correctly
the absolute state

Purchase NatGas

>>56719187
>>56719217
>>56719236
yeah you can forget "general." we haven't even achieved the AI that the 1960s AI researchers thought we would have "within a decade or so." i agree that fusion is a pretty good analog for that.
but fusion is not a perfect analog. fusion can reach net energy gain in the right context, even if it means "on the moon" or something obnoxious like that, i'd concede that point although i don't expect it for 50+ years because colleges are too woke now and scientists come out retarded.
but, man cannot recreate his own intelligence, and his own intelligence is what is general. this feat isn't possible even in theory -- that's the difference. if you read the actual claims, such as the "sparks of AGI" tweets and so on, what they're doing (at openai and elsewhere) is pretending there will ever be such a thing as an artificial "unartificial" intelligence, and then just using a different word to hoodwink the world, since that's too obviously retarded. just like the idea that "we will make people from chips" is absolutely pants-on-head retarded.
software lives within formal systems and cannot escape it, and formal systems are all subject to incompleteness. human intelligence is "whole" in a way that the object of man's own rationality, logic and procedure and the other trappings of formal systems, can never be.
so.
this is a cash grab, and it will never stop. someone will always slap "general" on the latest discovery and say "we're almost there" because it commands an outsized pile of cash relative to what they've been getting when they were boring and unsexy.
the worst thing is they convince themselves. it becomes a faux religion.

>>56720201
>>56720207
Whoops accidentally posted /dig/ to /diy/. Here’s the real deal
>>56720216
>>56720216

I'm gonna dump what i have, it ain't much. but it's honest work

>>56720126
Oh are we posting our happy families in the general now? Suppose I'll post mine too

>>56720263

>>56720268
There's an anime girl out there for everyone anon. Don't lose faith.

This shit never happens when the market zooms up, so annoying.

>>56720263
Waifu fags are literally the lowest scum on earth.
Shower, groom yourself and have sex incel.

>>56720359
>have sex incel
You dirty hole, don't fuck outside of marriage. Do you want to lose half your investments?

Damn BOIL
Does anyone still swing this shit?

Gary Savage is calling the ICL in Oil as of this morning, meaning to buy buy buy as much oil equities as you can. He correctly timed the bottom in SPX the other week and gold/silver a few weeks before it.

>futes

What exactly is the drawback of leveled options, let's say 50x?

>Worst case scenario: your invested 10 dollerinos goes to zero
>Best case scenario: your invested 10 dollerinos moons to 500

>>56718019
Apparently this is somewhat cyclical for them. Intel will catch up and surpass them and their share price will languish. Then Intel will become complacent and AMD will one up them again.

>>56720502
addiction, anxiety and unsatisfaction with less leverage trades.

>>56720502
>leveled options
you mean leveraged options?

>>56720126

>>56718342
I finally got my LORA training set up online. If ChatGPT isn't worthless now it will be soon.

>>56720263
Why are you not in the family picture rocker?

>>56720520
Yep, sorry

>>56720502
>how can you go broke by buying calls
by not being right often enough, that's how RHfags end up speedrunning losing 99% of their capital

>>56720502
>Worst case scenario: your invested 10 dollerinos goes to zero
thats not how that works, you can lose thousands and you will have to pay that off. options have infinite risk with infinite loss. you will never just "go to zero" and that will be the end of it. it will be much worse and it will be when you aren't prepared to take on such a loss

>>56720529
>losing 99% of their capital
But that's their retardation. My strategy would be to only invest miniscule amounts into options, basically like betting where you bet 50 bucks when something big happens that number will go down (or up). Obviously putting your entire net worth into some put/call is clinically undiagnosed mental illness

>>56720538
>thats not how that works
Wdym, you can only lose the money you put into it

>>56720538
Not if he just buys them. Selling options comes with infinite loss. Buying and your 10 goes to zero

>>56720547
This. I'm not suicidal, you can buy put options too lmao

>>56720538
this only happens if you are uncovered on the writing side
out of money options on the other side just go to zero

>>56720502
Usually they cost about 6x that if the market is neutral about the price movement.
You're effectively buying risk from someone (so the expected profit is going to be less than zero unless you have some information no one else does that you use to make trades with.)

>>56718838
>Sam Altman will lead the software developer’s new in-house artificial intelligence team
>Greg Brockman
Are these guys actual engineers who actually design this stuff? Why is it so crucial to have them onboard?

>>56720547
Selling isn't even infinite risk unless you do it wrong.
Options aren't as bad as they're made out to be you just can't be as sloppy with them as you can just going long on stocks.

I had VTI covered calls assigned at $220 and need to rebalance my portfolio this week.

>>56720541
Then you'll only lose 30% of your capital instead of 99% lmao

>>56720560
>Usually they cost about 6x
U wot m8? Literally every relevant exchange sells dirt cheap options too, you pay like 0.1 dollars per share, let's say puts. These puts then either go to 0 and you lose the money invested into those x shares, or if the stock goes down they explode to 1$ or sth and you made 10x

>>56720538
How the fuck did you get out of his question that he is thinking about SELLING options? He literally described BUYING options.

>Fixed amount of money paid for contract
>unlimited gains
That's exactly BUYING options.

>>56720577
>You lose 30% of your capital if you invest 50 dollars into some put options
Kek sure, it my total capital was 150

Also:
US comes on, SLURPING

>>56720526
Someone has to hold the camera. You think I'm going to let some nip smear kimchi all over my expensive camera?

>>56720580
OTM options cost 0.001 per contract (not share.) Those have low Delta (low price sensitivity, low leverage.)
ATM options (or ITM) have high delta like what you were talking about and can give you the 30x+ leverage you want but the market prices this in and the premium is higher.
Maybe on low volatility stocks you might find cheap ATM options but then those also have low volatility so it still nets out to zero.

Let's summarize once and for all:

NEVER, I repeat NEVER sell anything unless you are about to make a profit or minimize your invested losses.

You want to make money long term?
>Buy ETFs and stocks
You want to speculate on a short boost of a company?
>Just buy calls
You want to speculate on a cliff fall of a company?
>Just buy puts

For the former two, only invest the money you're willing to lose, because it's more risky. But other than that theres literally no need to sell anything, aside from the stuff you already bought. Anyone who sells before buying is mentally deficient or suicidal

>>56720621
I sold APPL short while I was drunk on Thursday.

>>56720627
A man of the times right here.

>>56720627
Do people really trade drunk? Sounds like a good way to get your shit pushed back in

>>56720638
Do you think I'm here to make money? If that's what I wanted I'd be on Fivrr.
I'm here to gamble and you maximize the enjoyment with drugs.

its over

BOIL 2025 Leaps? Is it really that easy to make it?

9 minutes to go, are you ready anons?

Me personally I'm most interested in Microsoft and Bayer. Hoping for long Microsoft and short Bayer, but probably the opposite will happen kek

>>56720638

>>56720663
no its over

>>56720663
Lol the market opens at 9:30. I haven't even made breakfast yet.

>>56720673
Wait it does? Damn

>>56720673
Pussy, only fat faggots eat breakfast.

Submitted my order of 2000 Save.

>>56720663
>>56720678
Newfag.

>>56720678
>newest of newfags

>>56720673
Market opens when bang bang anon says it opens!

>>56720688
>>56720686
It feels like a ton of new people showed up over the weekend. I wonder why.

>>56720717
Market is near ATHs.

>>56720727
Wait it is?
Damn

Baker do the needful.

this is the last /smg/ ever. goodbye

Why is this market so gay and limp

>>56720751
bye

>>56720682
They call it "continental" because breakfast is a European thing. Most other cultures just eat the same food for breakfast that they might for lunch.
I have breakfast not only because it's good but because it's it's racist and colonial.

CUM CUM CUM ON MY SOCKS!

>>56720759
FAT FAGGOT ALERT
>DING
DING
>DING
DING
>DING
DING
>DING
DING

>>56720769
Pretty sure eating breakfast Isn't a precursor to obesity.

>>56720784
>>56720784

ALIEN DISCLOSURE IMMINENT UFO ARRIVAL VERY SOON 2023 QAnon
Q
Dear Sirs, a very important classified video will be leaked before Full Alien Disclosure Occurs in the Months November 2023 Official Global Arrival Date please review attached Transcripts
I'm Formerly employee in DEEPSTATE Government Best Regards Goodluck.

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

Aliens UFO DID 911 TRUTH
When 9/11 happened, news in Australia initially reported that the US was attacked by aliens. There used to be videos of metal orbs flying right through the buildings coming from above instead of directly towards., RESEARCH THE FLAT EARTH.

>>56720783
YEAH HUH!!!!!
>DING
DING
>DING
DING
>DING
DING
>DING
DING
>DING
DING

Is this it? Am I free? Can I go outside now?

>>56719619
Based listener