/smg/ - Stock Market General

[Anonymous No.15111325]

Tiny Commander not Nazrin but mouse in basket edition

Popular brokers:
https://pastebin.com/mrSchZPg

Some basic stock market terminology:
https://pastebin.com/VtnpN5iJ

Free advanced charting tools:
http://www.tradingview.com
https://www.koyfin.com/
https://www.finscreener.com/

Real-time market news:
https://thefly.com/index.php
ThinkorSwim

Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain

Stock screener
https://finviz.com/
https://www.tradingview.com/screener

Premarket Data:
https://www.investing.com/indices/indices-futures

Pump and Dump Advertising:
https://stocktwits.com

Boomer Investing 101:
https://www.bogleheads.org/wiki/Getting_started

Suggested books:
https://pastebin.com/jgA5zTuC

List of hedge fund holdings:
https://fintel.io/

Previous Fail:
>>15100279

[Anonymous No.15111356]

I wanna FOMO into you baby gurl ;^)

[Anonymous No.15111379]

I wanna FOMO far away from you baby gurl ;^)

[BaggieTheJUSTED !!2wgod7RQeJh No.15111422]

What time do futures open again? 90 minutes or 2 hours?

[Anonymous No.15111426]

I want to fill the remains of that irradiated uterus with my healing semen of love, until pregnancy can induce pregnancyyyyyy!!!

What financial events this week frens? FOMC and Jobs Friday was last week.

[Anonymous No.15111517]

VTSAX?

[Anonymous No.15111523]

>>15111325
>1 post by this ID

[Anonymous No.15111533]

What indicators do you guys find most useful for analyzing stocks? I've been spending the weekend doing babbys first excel simulations for long positions. But I guess I should have figured it wasn't going to be straightforward. Everything I've tried loses more money than just buying and holding.

[Anonymous No.15111558]

>>15111533
if you were using real Excel instead of LibreCalc you would be making money

the big secret in the industry is that the Excel in Office 2010 is actually the most powerful, and gets the most gains. But it's a little more risky, Microsoft made it so that more recent versions of excel produce lower volatility

[BaggieTheJUSTED !!2wgod7RQeJh No.15111567]

>>15111422
>What financial events this week frens? FOMC and Jobs Friday was last week.
We got like 100s of companies that are going to report record earnings. We got 100s of millions of people who are going to continue to contribute to their 401ks because there haven't been any massive lay-offs. We got some bad news coming from the EU because of the hard brexit, and there's probably going to be some more stuff that we'll have to wait for.

[Anonymous No.15111598]

how based/RP'd is it to buy $7 Deutsche bank puts expiring in Jan 2020.

[Anonymous No.15111647]

NEEDS MORE KINO
https://youtu.be/pTMe1vhUxh0
(I'm honestly astonished by how well that holds up)
https://youtu.be/Xj6MNk5alas
https://youtu.be/ERHHvTj3C2Q

>>15111517
I'm more fond of SWPPX to be quite sempai with you. Slightly better dividends and returns for this year, plus half the expense ratio (.02% vs .04%).

I'm not saying that VTSAX is for plebs or anything, it's a good choice. But I like that SWPPX is more heavily weighted to giant cap stocks, because scale will be important in navigating pricing problems during trader wars.

>>15111567
Every week I see more articles about massive layoffs. Honda, then Capital One, then Lowes, I forget which others. I'm a little concerned they're going to really start piling up.

[BaggieTheJUSTED !!2wgod7RQeJh No.15111677]

>>15111647
The non-farm payroll numbers were great last week.

[Anonymous No.15111703]

I have $50k, pick one stock that will 2x in the next 5 years. Go

[BaggieTheJUSTED !!2wgod7RQeJh No.15111719]

>>15111703
FVE

[Anonymous No.15111736]

>>15111598
>"with a car you can go anywhere you like"
>he said to himself out loud

[Anonymous No.15111798]

>>15111558
If I master the knowledge of the ancients, will I become even more powerful than Alan Greenspan?

[BaggieTheJUSTED !!2wgod7RQeJh No.15111825]

>>15111798
the ancient sumerians did it all on clay tablets

[Anonymous No.15111923]

i can smell autum in the air already :) and with autumn comes stock market corrections

[Anonymous No.15111943]

why did everything dip last year around christmas and did you buy anything during that dip?

[Anonymous No.15111977]

I'll be honest. I'm so fucking burned out at my job. I just wanna tell them all to kiss my ass. The only thing that keeps me going is this "just 13 more years till retirement"

That's not a typo either. I can legit retire w/full benefits in 13 more years. If I put in 5 more I'd max it out. So I'd be 50 or 55. Either way I'm fucking ready. Technically there's no limit to how long you can work but after 32 years your basically paying them to come to work each day.

[Anonymous No.15112034]

https://www.youtube.com/watch?v=cXabZ_-QPb0

>>15111923
[braps in bull]

>>15111977
Very hard not to start rapidly declining in purpose once you go from full time job to completely retired. Person I know to have aged better than anyone else worked at least occasionally until early 90's.

lawyering type job though, not wageslaving

[Anonymous No.15112150]

Who here does forex? Is it time to short the pound in preparation for Johnson's government?

[Anonymous No.15112169]

My abacus indicates that we are on a trajectory towards 3000

>>15112150
no idea lol

[Anonymous No.15112178]

LPTX BROS WW@?!

>Leap Therapeutics to Host Conference Call to Provide DKN-01 Program Update
>Conference call and webcast to be held August 6, 2019 at 8:30 a.m. ET

How much you think we'll pump tomorrow?

https://www.youtube.com/watch?v=8Nyv5fn4fRM

[Anonymous No.15112179]

>>15112150
what, who told ya pound would dump? like ftse jumped right up when no deal brexit was confirmed

[Anonymous No.15112190]

>>15111703
PES and SNSS will both achieve that in less than 1 year.

[Anonymous No.15112262]

>>15112179
Actually, wait, how can I create a position on the North Korean won? I'm bullish

[Anonymous No.15112305]

>>15112262
you have to actually travel to north korea and negotiate in person. there is no other way. I wish you the best luck

[BaggieTheJUSTED !!2wgod7RQeJh No.15112319]

>>15112179
Well what if the britts are just bluffing and don't actually leave? I mean they've been unable to leave for so long, couldn't they just have a second referendum and not let the Russians interfere this time?

[Anonymous No.15112368]

>>15112319
You're underestimating the stupidity of the tories. They're going to go no deal before there's even a chance for a GE.

[Anonymous No.15112476]

I just opened a robinhood account to get my feet wet with $400.

How long did you have to wait to get approved?

Did you also have to take a pic of your social security card?

I'm kind of scared. What do I buy tomorrow?

[BaggieTheJUSTED !!2wgod7RQeJh No.15112546]

AHHHHHH ITS ALL OVER!!!!!

[Anonymous No.15112561]

>>15112546
Classic Baggie

[Anonymous No.15112570]

WKHS gonna go to $50

[Anonymous No.15112594]

nice gap down under friday LOD

[Anonymous No.15112637]

Looks like I have all of the skills to be in good company here

[Anonymous No.15112744]

>>15112476
Took a few days for me to get approved, and I'm basically a nonperson, whereas some people have to wait a bit longer. The SSN stuff is standard practice for any brokerage.
What you should buy depends on what you're trying to achieve with your portfolio.
Try to figure that out before you buy anything, it will save you a lot of trial and error.
And be extremely careful with stock picks posted in these threads.
Know what you're getting yourself into before you get yourself into it.

[BaggieTheJUSTED !!2wgod7RQeJh No.15112769]

These futures don't look bad at all. I mean we were way lower on Friday. Seems like a support has formed and there will be a rally tomorrow.

[Anonymous No.15112772]

>>15112744
I don't need to report anything to uncle sam unless I sell a stock correct?

[Anonymous No.15112783]

i got fucked on friday, biz.. and not in a good way

/blog

[BaggieTheJUSTED !!2wgod7RQeJh No.15112791]

>>15112783
what happened, bitch pressing charges?

[Anonymous No.15112820]

>>15112772
Correct.
Dividends complicate this a little bit since Robinhood can't into DRIP.
But that won't matter until / if you start working with larger sums of cash.

[Anonymous No.15112847]

>>15112820
This is why I love M1
Fractional shares +drip mean I can invest in anything,mainly SPHD O and qyld

[Pendulum !!97YdFhwozvv No.15112858]

>>15112178
This news has been out for weeks and you're just now finding out about it

[Anonymous No.15112869]

Please more FUD I want to buy in cheap

[Anonymous No.15112878]

>>15112847
Also bought some calls on SPXL it'll be back at 55 by Wednesday check um

[BaggieTheJUSTED !!2wgod7RQeJh No.15112885]

>>15112869
Well we just had a terrorist attack and the futures are just slightly red. I think the markets want higher.

[Anonymous No.15112914]

>still justed by dude weed
>major stocks are too high and destined for a crash in 1-2 years
What the fuck do I invest in?

[Anonymous No.15112928]

>>15112914
>>15112885
Guns will do good now the perennial gun debate is going to be revived. Buy em before they're banned! (they will never ever be banned).

[Pendulum !!97YdFhwozvv No.15112934]

>>15112914
If you don't trust stocks, bonds or commodities
If you think the debt bubble our society is in will come violently crashing down eventually, then don't do bonds

[Anonymous No.15112971]

>>15112928
>(they will never ever be banned)
Don't underestimate the jews.

[Pendulum !!97YdFhwozvv No.15112974]

Why didn't you buy the MKC dip a while back, ratsu

[Anonymous No.15113042]

>>15112769
Goddamit random internet namefag, you'd better not be wrong.

[Anonymous No.15113174]

Pics that make you go HMMMMMMMMMM

>El Paso mass shooting is at least
>the third atrocity linked to 8)chan this year

I FUCKING CALLED IT.
Did you listen? You didn't listen.
I can't wait for The Economist to write another article where they explain what "shitposting" is!!

>>15112858
>implying implications that are implicitly false
I've been posting reminders for a while now.

Considering that you repost the same articles all the fucking time, it shouldn't be a shock that sometimes I post things that aren't news. This is just increasingly relevant as tomorrow is the last day to take profits before they post results.

>>15113042
>being new
Remember to be thankful for the cheapies!

[Dobber !!qEeBALi+hGB No.15113204]

>>15112769
>Bagsy has hope
There is no hope. We're never gonna get our dream house in the hollywood hills.

[Anonymous No.15113205]

man I wish I had 122 Billion in cash
I bet that old bastard is so smug

remember that when the government uses these mass shootings to shut down the chans, all we have left is IRC.
#/smg/ on rizon.net is our redoubt

[Anonymous No.15113221]

>>15113205
this isn't fucking Chxina

[Anonymous No.15113244]

>>15113205
god damn i haven't been on irc in so long

[Anonymous No.15113248]

>>15113204
we don't want to live in Hollywood Hills
Our dream house is in Jackson WY or in Sun Valley/Ketchum ID or in Alaska somewhere

>>15113221
ya?

[Anonymous No.15113256]

>>15113204
Wait until The Big One hits, and it triggers a massive recession. When all the beautiful and rich people start helicoptering out of LA, then you might be able to get in for a 15% or so discount.

[BaggieTheJUSTED !!2wgod7RQeJh No.15113309]

>>15113248
well when we start making 10s of 100s of yang a day we'll hollow out that mountain and turn it into our super villain hide out. All the conspiracy nuts will call us out on being evil super villains, but since we'll have control over the media we will be able to keep anybody from believing them.

[Anonymous No.15113313]

>>15113248
Snoqualmie pass WA

Just me, a fire, the internet and bigfoot

[Dobber !!qEeBALi+hGB No.15113316]

>>15113248
>Sun Valley/Ketchum
I always thought if I actually retired, and I stayed in Idaho, it'd be cour d'alene. Mostly for the lake. But also to bang collegetown girls on spring break.

[Anonymous No.15113346]

>>15111943
People taking money out to buy gifts

[Anonymous No.15113350]

http://archive.fo/70yUE

>Wheelman says shut it down
Dang. Incels really fucked up this time. I don't think Hiroshimoot is going to step up for a buyout...

We're going to get flooded with the worst kinds of posters, aren't we?

[Anonymous No.15113357]

>>15111798
Your grandparents had to do it by hand, pencil and paper work a slide rule

In real time

[Anonymous No.15113372]

Time to go lift weights to practice for this week when the weight of the market comes crashing down on us?

[BaggieTheJUSTED !!2wgod7RQeJh No.15113425]

I think the futures market just froze. It's not going up or down anymore.

[Anonymous No.15113444]

>>15113425
This means there is no future. End of the world confirmed.

[Anonymous No.15113448]

>>15113425
Circuit breakers were hit. Monday is going to be -3% at least. Good thing I went all cash Friday.

[Anonymous No.15113459]

>I got some SQQQ puts friday, going to try n dump em within a week

>>15113425
could be a good sign, asia hasnt opened for the day yet i think, could be part of it

>>15105309
come over to las vegas in a couple weeks, big /smg/ meetup!

>>15113444
best triple digits check'd

>>15113448
sauce?

[really nice guy No.15113485]

How was your Sunday frens? I spent it being lazy and went to Ruby Tuesday's for some shrimp dip and a Melonball. We ready for some green tomorrow?

[Anonymous No.15113494]

>>15112928
Been considering this, but it looks like VSTO dropped their guns, so the only ones I see now are AOBC and RGR, neither of which seem all that appealing.

[Dobber !!qEeBALi+hGB No.15113587]

>>15113444
based death trips.

[Anonymous No.15113593]

>>15112974
well I did then sold to make my 1%. that is my De Stijl

[Anonymous No.15113598]

>>15113485
I spent it wage slaving than watched the new Godzilla movie.

[Yesterday's OP Anon No.15113609]

>>15113485
Read, did some yard work and ran errands. Futures don't look too terrible at the moment.

[Anonymous No.15113611]

>>15113593
I started watching this show at the gym, seemns pretty lewd.

De Stijl is one of my top 50 favorite albums sempai

[Dobber !!qEeBALi+hGB No.15113633]

>>15113485
I just woke up an hour ago. Stayed up late drinking and listening to rock music again.
Honestly gotta say though like, contemplating the recent drop, I'm still quite bullish. Companies are still having very good earnings reports. Maybe we'll correct a bit but I really don't think the fear most of the retail public has are justified.

[Anonymous No.15113715]

>>15113611
>album
Court et au point... how you say... non cultives

[Anonymous No.15113721]

>>15113611
> watching Bhutanese phenakistiscopes at the gym

[Anonymous No.15113729]

>>15113715
YOU NOT KNOW ANY FRENCH

[Anonymous No.15113734]

>>15113485
Spent the entire day watching youtube videos and lazing on my bed.

[Anonymous No.15113744]

The whole Brexit thing is a mess. No mater what "deal" gets done someone/some group won't like it any. I say tough shit. U.K only has two options; leave or stay. There will not be any middle ground. The other E.U members are sick of it all and just want it over with. They will not be in a mind to do give the U.K any leeway on it. So it's two choices; Stay in or Pull out.

It's not that hard a thing to grasp.

[Anonymous No.15113767]

>>15113485
me cant remember kek
apperantly me make this thread.... and then go HEB and buy lot of sweets

everything else blur

[BaggieTheJUSTED !!2wgod7RQeJh No.15113780]

>>15113485
I spent all day listening to the liberals on the news talk about how they want to take away our rights and then the futures opened all red. Then the ball game is in rain delay, so there's nothing to watch right now. Pretty shitty Sunday, but at least tomorrow is monday. So that's nice.

[Anonymous No.15113782]

>>15113744
Imagine hastily voting leave, and knowing deep down how much you fucked up as this shitstorm played out, but convincing yourself it was worth it for, uh... bananas or fishing rights or some shit. LMAO

[Anonymous No.15113827]

>>15113485
Lazy fucker today. Spent time with my wife's family (they were in town for errands so they stopped by for a bit). Good thing about that is that they all like me so everyone gets along fine. My family all gets along fine with my wife so good times around.

[Anonymous No.15113848]

>>15113715
>tfw I took french in high school but live on state that shares a border with Mexico
It's an abstract kind of terrible decision making...

That's actually an appropriate description of the album, in a non-insulting way. The White Stripes were, especially in their earlier years, short and to the point, not flashy or stylized, not trying to emphasize a cultured and stylized image. Hell, the drummer didn't know how to drum.

>being snobby about esoteric Dutch art terminology

>>15113721
Why not? I always look disgusting there anyway, I'm not going to make anyone interested in me, just want something to make mindless cardio bearable on rest days or when I'm done with weights.

>>15113744
this is big time FUD in the world right now, I kind of love how fucking stupid it is.

>>15113782
I hate them for doing it, but if the US were tied to the EU like that... you better believe I'd vote "fuckoff, Frenchie"

How much has England fucked with the Irish over the years? It's amazing how it never ends...

>>15113767
yeah you made it like 10 posts too early before I could make a kino sunday rollthread.

[Anonymous No.15113869]

>>15113848
> If the US were tied to the EU like that...

Apples and oranges. The US is a big fish, but the UK is going to shrivel up without being part of the big bad European trading block.

[BaggieTheJUSTED !!2wgod7RQeJh No.15114015]

didn't we just get a rate cut? Like won't that access to cheap credit completely scoop up the cheapies that were made over the past 2 trading days?

[Anonymous No.15114024]

>>15114015

Maybe. The panic isn't over yet though.

[really nice guy No.15114029]

>>15113633
What kind of rock music do you listen to?

>>15113827
That's good, it's always good when families like each other.

[Anonymous No.15114039]

My plan to become a millionaire is to buy a LEAP
on a 3x ETF when the market drops 50%+. Just waiting for the next financial crisis. Should be one coming soon in a few years. I got my life savings of 100l primed and ready.

[Anonymous No.15114049]

>>15114024
>panic
This is called "pricing in losses and uncertainty"

We haven't seen panic yet :3

>>15114029
I love niceposters!
Post a favorite "pump yourself up" song.

>>15114039
Anon.
Have you confused "recession" with "financial crisis" again?

[Anonymous No.15114075]

>>15114049
Nah. There'll be a full blown crisis. We got the perfect storm of Brexit and the rise of China. The global economy is going to shit itself soon.

[Anonymous No.15114094]

>>15114024
>panic

its impossible for panic, summer means no volume in the markets

[Dobber !!qEeBALi+hGB No.15114100]

>>15114029
all kinds. probably the top 5 i've listened to this weekend
>https://www.youtube.com/watch?v=qFhM1XZsh6o
>https://www.youtube.com/watch?v=EuiaAPXYSd0
>https://www.youtube.com/watch?v=52Gg9CqhbP8
>https://www.youtube.com/watch?v=xXDC89tZ4IQ
>https://www.youtube.com/watch?v=AqG3EQj7Suc

[Anonymous No.15114110]

>>15114039
how active do you want to be with that leveraged ETF holdings?

[really nice guy No.15114118]

>>15114049
>https://www.youtube.com/watch?v=a8UcpmUQkNU

This one's pretty good

[BaggieTheJUSTED !!2wgod7RQeJh No.15114120]

>>15114075
Can somebody explain to me how Brexit is supposed to have apocalyptic ramifications on Europe? Won't they just make a bunch of bi-lateral or multi-lateral trade deals and go back to business as usual? I mean if anything the UK should come out stronger from this since they're no longer pulling the dead weight of countries like greece, italy. I mean granted that puts more pressure on Germany, but we have the IMF who can step in. I just don't get what the big fucking deal is.

[Anonymous No.15114166]

>>15113848
>eah you made it like 10 posts too early before I could make a kino sunday rollthread.
must have been me elite trader instincts telling me make thread quick before someone else do

[Anonymous No.15114180]

>>15114120
it will be very noticeable in certain EU members (ireland, the dutch and belguim, northern france)

but it will be industry shattering in the UK, many business that were viable will become unviable overnight, and it will take time for people to fill in the caps where business suddenly becomes viable

that being said, EU finance has been zombie mode for almost a decade now, so a 6% drop in EU growth could trigger it's next crisis (with some help from italy, another greece, or an external state....)

[Anonymous No.15114232]

>>15114166
making threads before 310 is not cool
you are building bad karma and you will be punished 1000x over in this life and the next

[Anonymous No.15114283]

If dubs baggie kills himself and we're green tomorrow

[Anonymous No.15114293]

>>15114283
>83
antidubs, baggie will live and bears will win

[BaggieTheJUSTED !!2wgod7RQeJh No.15114301]

>>15114293
bears are getting btfo on this futures market

[Anonymous No.15114347]

>>15114232
NO.

have been over this 1000 times
there nothing wrong with making threads @ 290 or even as low as 270 on /biz/
its because many people stop posting @ 270 and start waiting for next thread


>>15114301
no kek
we need go above 2940 (where ton of shorts happened) if you want btfo bear

[Anonymous No.15114433]

>>15114347
thats wrong
punishment eternal awaits

posting new threads before 310 is just a race to the bottom
start making at 290, then 270, etc. Might as well make a new thread now if you're so concerned
r_tard

[BaggieTheJUSTED !!2wgod7RQeJh No.15114489]

>>15114347
I dunno, there's not a single person who opened a short on these futures today who's seeing green.

[Anonymous No.15114627]

>>15114489
*smug anime girl face*

>>15114433
shut up
you know am right
you just mad didnt get put IRC in OP

[BaggieTheJUSTED !!2wgod7RQeJh No.15114638]

God damn bears!

[Anonymous No.15114667]

>>15114638
me could have 1 lot shorted when you talk about bulls and make 1k already

[Anonymous No.15114671]

>>15114638
>Nikki down another 1.5%
>not even lunch time yet
fugg :3

[BaggieTheJUSTED !!2wgod7RQeJh No.15114682]

Where did that 15 point drop just come from?

[Anonymous No.15114696]

>>15114682
littlerally from you being smug bull

[Pendulum !!97YdFhwozvv No.15114704]

>>15114667
This new Joker movie will be the first capeshit movie I've willingly watched in quite a while

[Pendulum !!97YdFhwozvv No.15114740]

Short volume on GALT was 70% on Friday btw
Textbook manipulation

[BaggieTheJUSTED !!2wgod7RQeJh No.15114768]

>>15114696
so now we wait for 2885?

[Anonymous No.15114818]

>>15114671
>Nikki down 1.75%
so SQQQ calls at open it is!

[Anonymous No.15114827]

>>15114704
it looks ultra lame
will pirate tho

>>15114768
hopefully 2906 will hold o_o

[Anonymous No.15114905]

>>15111923
Dude, I had the exact same thoughts today

Smelled like autumn

[Anonymous No.15114980]

>>15113221
>imagine being this dumb in the year of Our Lord 2019

>>15114671
Oh this funna be gudf

>>15114818
BOBO
BOBO
HERE HE COMES
GODAMN BOBO

[Anonymous No.15115001]

>>15114980
why are international markets a shit?

[Anonymous No.15115005]

>>15114671
my guts tell me I should short but my heart remembers the last time i got burned trying to do that

[Anonymous No.15115016]

>>15115005
This market is impossible to play. It's all about fucking tweets at this point. That said, I enjoy gambling.

[BaggieTheJUSTED !!2wgod7RQeJh No.15115043]

nows the time to take out that home equity line of credit and go balls deep.

[Anonymous No.15115053]

HAHAHHHAHHAHAHHAHHAHA

[Anonymous No.15115055]

anybody know what happened to the technical analysis general's?

[Anonymous No.15115056]

we're fucking dead, bobo what shade of lipstick should i use?

[Anonymous No.15115071]

>>15115001
japan-korea trade dispute. retaliation by china. india is slowing down. the bears are out.

[BaggieTheJUSTED !!2wgod7RQeJh No.15115078]

The plunge protection team will come in and have us green by morning.

[Anonymous No.15115079]

>>15115055
him and the forex general guy found out no one was going buy their courses on /biz/ so they left :3

[Anonymous No.15115096]

>>15115071
Reminder that India only has 4 months to become a superpower

[Anonymous No.15115154]

>>15115079
are you sure we are talking about the same person? the guy with the massive amounts of information regarding Bollinger band research and institutional uses, etc?

[Anonymous No.15115157]

>>15115055
Dunno that /biz/ needs a TA general when its a topic of discussion in pretty well every thread.

By the by, S&P is likely to retest the 200 day moving average down at 2790 within a week or two. Probably there will be an oversold bounce on the way there though.

[Anonymous No.15115158]

>>15115043
Is a cash advance on credit good enough?

[Anonymous No.15115172]

>>15113346
Really? Does this dip happen every December? I'm new to this.

[BaggieTheJUSTED !!2wgod7RQeJh No.15115177]

kong kong's down 500 already. sheeeiiiiit

[Anonymous No.15115226]

check out Chinese Yuan

[Anonymous No.15115236]

>>15115154
am don't know but the TA general line "Technical Analysis (TA) originated in Japan in the 1600s and has been in use for over 400 years. Homna was one of the originators of TA and became known as "The God of the Markets" due to successful application of TA to the rice markets"

am COMPLETELY WRONG
he talking about Ichimoku Cloud
and it NOT TA
its a trading strategy much like BB also trading strategy

[Anonymous No.15115272]

>>15115226
Hory Shit!

https://www.zerohedge.com/news/2019-08-04/currency-war-begins-chinese-yuan-crashes-past-7usd-record-low

[Anonymous No.15115286]

You guys remember the Aug flash crash four years ago ?
Same thing.... massive Yuan devaluation

[Anonymous No.15115297]

The Chinks know something that we don't. They are going to make a move either in Hong Kong or cut off trade talks with the USA.

[Anonymous No.15115310]

>>15115297
Well, this must mean that the PLA is going in right now

[Anonymous No.15115316]

Uh oh
2906 notant hold X_X

[Anonymous No.15115334]

>>15115316
This has to be PLA

Momey starting to pour out of HK real estate and debt

The US is distracted with ethnic tensions and the PLA is about to drop the banhammer on HK

[Anonymous No.15115339]

>>15111325
where do you guys figure out what stocks you want to trade for the day? I've learned a lot, I just don't know were to look for the projects I want to daytrade with

[Anonymous No.15115341]

>>15115272
Is this why btc is pumping?

[Anonymous No.15115347]

Live: HK Chief Executive Carrie Lam speaks to the press on the day of planned mass strikes


https://www.youtube.com/watch?v=LL0_hr5ZkoQ

[Anonymous No.15115356]

>>15115341
Yes. This is capitalist Chink money moving to liquid offshore cash as fast as possible.

This is an actual Happening - everyone go to standby and report in by teams and boards

[Anonymous No.15115368]

>>15115356
https://www.cnn.com/asia/live-news/hong-kong-strike-protest-intl-hnk/index.html

[Anonymous No.15115381]

>>15115347
>>15115356
>>15115368
Glad I have 30% of my port in BTC.

[Anonymous No.15115392]

>>15115356
China is at a critical time, they can't look weak to the protesters or the US so they're going to flex whatever muscles they can

[Anonymous No.15115396]

>>15115381
CNH collapsing. . . HKD will not be far behind

Mass exodus of capital out of CNH and HKD

@kylebass

[Anonymous No.15115409]

>>15115381

The rich chinks must be running out of the yuan/HK dorrar into BTC.

Only way to explain it desu.

The Shanghai Stock Index is only down .3% vs almost 2% for the rest of the region.

Scratching my head over that one.

[BaggieTheJUSTED !!2wgod7RQeJh No.15115414]

>>15115297
They're cutting off all agriculture imports. XI is going to starve his people in retaliation for the tariffs.

[Anonymous No.15115420]

I need the S&P to crash to 2.6k to buy back in where I sold.

Made a retarded move and sold in end of January thinking I was holding DOW index funds and not S&P funds so I sold thinking we were 10% off ATHs and not 20% off.

In other words I got mother fucking JUSTd

[Anonymous No.15115424]

Did Trump make China kill? And how long till tanks in Tiananmen again?

[Anonymous No.15115434]

of course once i got into crypto, it dumped, and a week after I got out, it's moon mission again. I'm sticking with stocks because this is the only place i've ever won

[Anonymous No.15115440]

Futures don't look good for 'merikan markets.

I think Trump's tariff tweet has riled up the Chinese.

[Anonymous No.15115441]

Asian indexes down over 2%

[Anonymous No.15115448]

>>15115440
A repeat of may would be fine with me. Hoping for a tqqq entry point in the 40s

[Anonymous No.15115455]

>>15115396
>@kylebass
He was short China many years ago.
Is he still?

[Anonymous No.15115465]

>>15115414

Russia has had a massive agricultural revolution since the 2014/2015 sanctions. That's where they are sourcing their farm products now.

https://www.scmp.com/economy/china-economy/article/3019187/china-and-russia-vow-deepen-trade-basedbeans-after-tariff-war

>The meeting came after President Xi Jinping and Russian counterpart Vladimir Putin agreed to increase bilateral trade from US$107 billion in 2018 to US$200 billion a year during the St Petersburg International Economic Forum
in June.

[Anonymous No.15115473]

her english is very good.

[Anonymous No.15115494]

well, no martial law instituted with PLA garrison. kek

[Anonymous No.15115514]

>>15115409
CCP Plunge Protection Team stepped in maybe?

>>15115494
Is that from Lam’s live remarks? Is the PLA deployment on track or no?

[Anonymous No.15115518]

Holy heckies futures are good today

[Anonymous No.15115536]

>>15115514
it's just pretty standard stuff. stop rioting, violence is wrong, protesting and expression is fine, stop inconveniencing everybody, the economy isn't doing very well, extradition bill is dead, etc etc.

extremely unlikely that she's going to end it by declaring martial law and inviting the PLA in.

[Anonymous No.15115579]

Oh Holy Buyout please come soon or before eoy! I need those Green Bags of cash so I can take full advantage of this year's Dec Mega Dip and so I can pay myself back my whole investment amount.

[Anonymous No.15115581]

>>15115536

>extremely unlikely that she's going to end it by declaring martial law and inviting the PLA in.

Yeah obviously the plan is to out last the protestors but if killings of politicians or police start happening things might be different.

[Anonymous No.15115592]

www.forbes.com/sites/simonconstable/2019/07/29/brace-yourself-for-a-replay-of-the-1989-tiananmen-square-crackdown/

www.bloomberg.com//news/articles/2019-08-05/china-s-offshore-yuan-tumbles-past-7-per-dollar-to-record-low

[Anonymous No.15115637]

Bitcoin is mooning hard because the Yuan is collapsing but won't this just make China take a harder stance on Bitcoin and end up crashing it into the ground?

They're not going to let their currency crash to nothing.

[Anonymous No.15115654]

THIS IS NOT A FUCKING DRILL

https://twitter.com/LiveSquawk/status/1158203023912402944

[Anonymous No.15115674]

>>15115654
not unexpected. also not expected, huawei ban comes back into effect. there will not be a trade deal for years. the balls in trumps court. if the market or economy start tanking before his election he might capitulate. but at this point i don't see how we're not sliding into recession.

[Anonymous No.15115689]

>NIKKEI down about 2.5% at this point

really regretting buying those SQQQ puts friday
really anxious to get me some SQQQ calls at market open monday....

[Anonymous No.15115690]

Mmm even cheaper food incoming
When you live in the US, you have some quality problems.

[BaggieTheJUSTED !!2wgod7RQeJh No.15115708]

PPT will have the SPY green at open.

[Anonymous No.15115710]

>>15115654
Doesn’t mean shit they don’t buy anything from the US

This is why it’s easy to have a trade war with these fucking scam artists, they sell us everything and don’t buy anything in addition to stealing all the American companies IP

[Anonymous No.15115720]

>>15115710
k

[Anonymous No.15115727]

>>15115674
China won't make it through a US trade war for years. They're fucked.

It might hurt Trump's reelection chances but if it looks like the US is coming out ahead with them whoever comes into office will have a really hard time repealing them. Trump fucked up by taking too long and should have went for the jugular from the beginning and China would have made major concessions by now.

[AAAAAAAAAAAAAAAAAAAAAAAAAAAAAA(...) No.15115730]

IT OVERY FOR JAPAN

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.15115754]

>>15115730

>press AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA to pay respects

[Anonymous No.15115758]

Buy KHC before Thursday.

[Anonymous No.15115765]

>>15115727
oh i think they will definitely be able to last many years. fundamental misunderstanding on trumps part that if he keeps putting pressure china will yield like mexico, canada, korea etc. im strapped in for the next recession, let the chips fall.

[Anonymous No.15115776]

>>15115720
They haven’t been buying shit for years and they can’t feed their own country

Chink leader is fucking up real bad I really wonder how much longer their scam financial system can operate with their currency crashing

[AAAAAAAAAAAAAAAAAAAAAAAAAAAAAA(...) No.15115808]

>>15115754

[Anonymous No.15115821]

>>15115776
why is there such a fundamental misunderstanding of china. china can feed themselves, the reason why they import from the USA is because they want ANIMAL feed for their proteins. the rising middle class has created a huge demand for PROTEIN. people won't have as much to eat, but they certainly won't starve since there is alternative sources of protein and feed from Argentina, Brazil and Canada. currency isn't such a big deal for china, they control the PBOC directly they can tighten currency policies to adjust if they so choose or they can let it float freely.

[Anonymous No.15115848]

>>15115821
Don't worry, a solution is forthcoming after the squash hong kong

[Anonymous No.15115868]

>>15115776
>how much longer their scam financial system can operate with their currency crashing

If the Chinese economy fails, so does the global economy. Then we're all doomed to another greater financial crisis.

[Anonymous No.15115871]

>>15115765
China's in a bigger bubble right now than shitcoins in January 2018. All their recent economic data is terrible and everyone knows those numbers are shit and can't be trusted anyways. Who knows how bad things really are over there.

They need America to do business in China or else they don't have easy access to the technological and other proprietary information that pretty much modernized their country.

They need companies like Tesla and GM and Apple building products in China along Chinese companies to advance their own agendas.

That, alongside their cheap exports, are the only thing proping them up. It means a hell of a lot more to them than 30 billion or so in basedbean and cheese exports. The US has nothing to lose except pissing off CEOs that care more about their stock options than the American people and their employees. The US would much rather have cheap imports from Mexico and Vietnam.

[Anonymous No.15115875]

>>15115727
We'll ween ourselves off China much like we did with foreign oil. Everyone wants to REEE about Trump but this was coming for China by a Republican or a Democrat. At the very least companies won't make long term plans in China knowing the political climate around China trade.

[Anonymous No.15115884]

>How i feel going into August.
I just wanna be green again guys

[Anonymous No.15115888]

>>15115654

Fuck I'm so hard right now if this is true.

[Anonymous No.15115896]

This is the quality fud i've been craving. Thank you Donald.

[Pendulum !!97YdFhwozvv No.15115907]

I swear to god if GALT announces their phase 3 right when the market is selling off because of something completely unrelated to healthcare

[Anonymous No.15115914]

For a second, I got excited thinking i'd be able to afford a home in my lifetime without china prices, when I realized that the capital flight to the US is only going to get worse. God fucking dammit, I don't want to rent forever.

[Anonymous No.15115924]

>>15115896
This shit has been coming for 20 years but the American elite were too much of pussies and getting too rich to do anything. Would have happened one way or another

[Anonymous No.15115931]

>>15115871
you need to put things into perspective. their economic data is terrible now compared to before but they are still growing almost 3 times faster than the USA.

you are confusing need with want. china want's american investment, they want american technology, they want american products. but they don't need it to survive in my opinion. capitulating to US demands would cause more problems for Xi and be viewed as a sign of weakness. you have to understand, China is a nation of savers they are used to enduring hard times.

[Anonymous No.15115936]

>>15115871

You'd be silly not to think that the US stock market wouldn't be affected by such a move. Apple for one will get fucking clobbered thanks to their supply chain being so integrated with China.

As for China being a paper tiger, only time will tell. They are lot richer than they were in 1990 but one has to remember it was within living memory that the Chinese people were eating their own babies to survive in the 50s and 60s. The populace can withstand hardships that Western people have only withstood in sieges during WW1 and WW2.

[Anonymous No.15115956]

>>15115914
investments in real estate from foreigners to the USA is down 36%, investments from China are down 56%

[Anonymous No.15115958]

Might be getting a new job and higher pay soon. Know a guy who's now in a position to hire people. Said job is in a line of work I'm qualified for/ would like to do. Guy came to me, we talked. Nutshell; barring some shit fluke the job is mine.

The way it works is this - job opens up, you apply, you get called for interview. 3 person panel interviews you. They decide who gets the job. Big personal reviews your application, if you meet the requirements they let the hiring agency know. Then someone from the agency will let you know when to come in and what not.

Real world - It's a joke. They interview people sure but the job is already taken. Those fucks on the panel already know who they're gonna pick. Only thing that can hang it is if whoever fails to meet the requirements (rare; they'll pick some title and tailor it to fit the persons education before hand)

Me - the system is a scam, so why not use it when it presents itself. Bout time shit worked in my favor.

[Anonymous No.15115979]

You Bois ready for market open. It's gonna be brutal.

[Anonymous No.15116006]

uncle powell will save us, he's going to announce rate cuts..... when is the next FOMC meeting? please, save meeeeeeeeee

just kidding, i divested a week ago but a small portion im using has a hedge is taking a beating. FML.

[Anonymous No.15116009]

>>15115936
The stock market will take a beating obviously but not nearly as bad as China would. Yes Apple would be completely fucked as chinks are the only ones buying that garbage anymore.

But America would come out much further ahead as a country and the average American would also benefit while China would probably completely collapse.

[Pendulum !!97YdFhwozvv No.15116012]

>>15115979
Don't really care desu, December desensitized me to this kind of thing
The only thing I'm concerned about is the market might start to correct again right before GALT's phase 3 announcement

[Anonymous No.15116035]

>>15115956
Good, foreign investors in real estate and other businesses are honestly worse than Jews.

[Anonymous No.15116039]

Chinese Yuan dropped to 11-year low.

[Anonymous No.15116071]

>>15116039
Doesn't this mean cheaper Chinese exports? It's a good thing for companies that produce all of their plastic crap in China?

[Anonymous No.15116181]

>>15115347
>Live: HK Chief Executive Carrie Lam speaks to the press on the day of planned mass strikes
>https://www.youtube.com/watch?v=LL0_hr5ZkoQ
She didn't announce anything for the government, and instead choose to blame the protestors becoming radical as well as damaging symbols of the PRC. Hong Kong's stock index HSI dropped another several hundred points during and after her speeches.
>>15116071
I guess it can cancel that 10% tariff imposed by American government against their 300B import from China

[Anonymous No.15116198]

Anyone who stayed in HK after the Brits gave it back is gonna get what's coming to them.

[Anonymous No.15116203]

WHYYYYY DIDN'T I TAKE PROFITS?!!? I THOUGHT HODLING WOULD BE FIIIIINE!!!

(It will be fine, but I'm not going to pretend money doesn't matter. Hindsight is 20/20, I need to write out an actual playbook to refer to when trump tweets crazy shit.)

>Claiming to be desensitized to market when your life's savings amounts to a week's worth of wages at McDonalds and you have no bills to pay
:DDDDDD

>>15115396
>>15115455
>Kyle Bass
That's the other half of Tenacious D?

>>15115465
>deepen-trade-basedbeans-after-tariff-war
Ohhhh hohohoho

>>15115758
Why's that? They about to get realllllly cheap inputs now that China hates our ag products?

[Anonymous No.15116250]

>>15116009

I really hope you're right but I think to stop China being a world power America would have to commit to a hot war to achieve it.

[Anonymous No.15116252]

USD/jpy at 105 is too extreme, Short the yen
Earnings fun this week: Long PZZA

>>15113729
J'aime, Fermex la bouche,
Ca suffit... Merci pour votre message

[Anonymous No.15116305]

We're waiting on the next big headline now to either save the market or to completely fuck it.

The Algos would be picking up the headlines and the prices actions on the currency exchange market now, and they are positioning for something.

[Pendulum !!97YdFhwozvv No.15116367]

>>15116203
This is what holding is
If you don't hold during the downturns, then you can't be called a long term investor at all
If the company is fundamentally sound the money will come back in time, and chances like these are when to add to your position

[Anonymous No.15116379]

[Anonymous No.15116398]

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.15116403]

uhhhh, rat?

I need you to pretty please talk me out of shorting the S&P. I'm less shaken, time to get mercenary.

TVIX, SQQQ premarket sounding pretty fucking tempting right now, maybe take-profit-orders 10% higher than buy in point. Maybe YANG, SOXS, CHAD, or some of the gold ETF's (it's stupid, but the gold miners seem to do well when people panic, even over trade conflict)

This is pretty fucking big. China never really retaliated to trump before.

>>15116252
Non, elle est ma petite coupine, je vais l'espouser

Fuck. I have about 1k of jap indexes.

Shorting feels like the only way to hodl responsibly... panic selling feels like the worst option of all, but this is going to take the market much lowwwwwerrrrrr. We're about to wind back the clock, perhaps months?

[really nice guy No.15116434]

Someone help me out... why does China's currency falling hurt stocks?

[Anonymous No.15116458]

>>15116434
it doesn't really. but the volatility hurts sentiment and confidence. this is just another sign that the global economy is taking a beating.

[Anonymous No.15116464]

>>15116434
Well keep in mind that China is also halting all purchases of US ag exports.

[Anonymous No.15116471]

>>15116434
it hurts the US because it makes them more appealing to trade with. If their currency drops in value, other countries can buy more from them for less moneys.

GENRALLY, if you devalue your currency, you increase your exports.

[really nice guy No.15116484]

>>15116464
Yeah, I just read that, too.

>>15116471
This is probably obvious, but this is a punch-back for the announcing 10% tariffs?

[Anonymous No.15116496]

>>15116403

>We're about to wind back the clock, perhaps months?

Most stock indexes are back to levels seen during May/June in the last few weeks, it's only the American one that has kept marching higher.

Remember, the big bounce in early June to August was because Trump did a deal with Mexico and picked up the phone to China to continue negotiations. Also rate cut expectations.

You throw in the confirmation of full blown trade war and you're back to June 3rd instantly (2744 on S&P), next level of support after that is 2650 and after that it's the December lows @ 2350.

[Anonymous No.15116507]

If this Chinese trade war escalates, do you guys think NAK will be valuable in the upcoming months and maybe the 2020 elections as they are the largest gold deposit, and 12th largest copper deposit in the world?

[Anonymous No.15116522]

>>15116434

Because of the implication.

The Chinese central bank isn't an independent institution, it's controlled by the government.

The government of China made it a policy to cheapen the Yuan in response to the Fed and Trump's actions late last week.

It's an escalation in the trade war that China has shied away from until now.

[Anonymous No.15116533]

>>15116403
You vant me to talk you out then ok.
You cant even predict one direction, so dont try to predict 2 directions. China threatens retaliation on every tariff fud dip. try turning off your brain and method think like a small spec
-
Said short Yen not nikkei, You should buy more nikkei. Ex Japanese financial minister says Usd/jpy cant go far below 105, so you have buffer

[Anonymous No.15116542]

>>15116507

Gold is an inflation play. Be very careful as gold also pumped hard in the lead up to 2008/2009, only to get CRUSHED by like 30%

[Anonymous No.15116558]

Is it a good time to buy into CHAD?

[Anonymous No.15116567]

>>15116542
gold is a lot more complex than an inflation play. It can best be summarized as an option on aggressive central bank policy which debases currency.

[Anonymous No.15116578]

Buying DIS when market opens before their earning report on Tuesday.


Tell me why this isnt a good idea.

[Anonymous No.15116591]

>>15116533
>that pic
s-sorry

Small spec = poors and easy marks, I thought? Do you mean I am thinking like them right now?

I ask you to talk me out because the tao of rat is most promising method ITT, and those ETF's go directly against the teachings. Thank you.

[Anonymous No.15116594]

I CANT FUCKING SLEEP

[Anonymous No.15116631]

By the way, note about that Chinese Yuan dropping thing, it seems like the drop was lead by CNH over CNY, which mean it appears like this dump wasn't caused by Chinese foreign exchange regulation but instead caused by traders buying and selling those Yuan offshore at Hong Kong and other market

[Anonymous No.15116641]

>>15116591
I mean "method think"
Its like Method acting but you put yourself in the position of the average small spec. Small spec majority literally havent stopped shorting since december. They have a hair trigger. Large specs werent online friday nor are they online now. Red open = better to green you with my dear

[Anonymous No.15116653]

>>15116567

No, ultimately it's a price inflation play. If general price inflation doesn't eventuate (say, thanks to imports of goods that have a deflationary affect), it tanks.

I was around in 2010 during the expectation of mega inflation as a result of the initial Quantitative Easings. I know.

If you look at the 1970s you'll see this.

[Anonymous No.15116654]

>>15116631
This is good news. It means the Chicoms see the writing on the wall. They know China is fucked.

[Anonymous No.15116702]

>>15111703
Larping but you really should diversify

[Anonymous No.15116721]

>>15111703
blackberry

[Anonymous No.15116753]

>>15116641
Thanks, I will try that.

I'd like to try method thinking like a big boy large spec market maker type, but I'm probably not knowledgable or experienced enough yet...

I like that saying, reminds me of "never fear a down opening."

I think... small specs will sell and short harder. But some will panic-buy the dips. I think this will take more than a couple days to shake out... I think it's foolish to try to guess Trump's next move. I think there won't be enough buyers because so many are away for vacation.

I think I need to do more think. Going to leave my limit buy for JNJ at 125.9 for now...

[Anonymous No.15116776]

>>15111703
AMD

[Anonymous No.15116802]

>>15116753
sounds like you need to read some Meditations

[Anonymous No.15116804]

>>15116403
no listen to stupid rat
short next green candle

[Anonymous No.15116818]

>>15116653
bro... read some more recent stuff. MMT and central bank policy is the driver. It's the same reason bitcoin is appealing. Inflation doesn't have to happen for the price to rise. The inflation that causes the price to rise wouldn't even be called inflation, it would look like the price of equities going up. The CPI would remain neutral. if you think about it in terms of just "inflation", you are going to be left perplexed.

[Anonymous No.15116822]

Who's this zerohedge guy

[Anonymous No.15116856]

>>15116822
Emissary of FUD.
Even broken clock right twice a day.
But... I think he's not a moron, he's just very one-note
>tfw I'll never get BF% like Pitt in Fight Club

>>15116802
I would like to. I bought epictetus book, but it disappeared at work one day before I could get into it. Is it your pick for intro to stoics?

>>15116804
A-are you trying to torture me even before our wedding night? What makes you think we'll even get any green candles?

[Anonymous No.15116859]

>>15116818

There's price inflation (general goods) and there is asset inflation.

Gold moves up on the anticipation of price inflation. It doesn't move up on asset inflation.

Price inflation itself is a question of sovereign risk.

This is why gold doesn't do anything in periods where the stock market is doing well and low unemployment, kinda like the 1980s/1990s or the period from 2014-2019.

What is happening now internationally is that the prospect of price inflation happening in the USA because of a disruption in the global supply chain. Everything that was acting as an anchor on prices (foreign made goods) is in jeopardy.

[Anonymous No.15116863]

>>15116822
your crazy, red-pilled uncle who is always on about some conspiracy but sometimes drops some real shit.

[Anonymous No.15116890]

>>15116856
>>I would like to. I bought epictetus book, but it disappeared at work one day before I could get into it. Is it your pick for intro to stoics?
probably, there is only like three books written by real stoics left in existence, (not counting stoics who converted to christianity, of which there is a surprising amount)

[Anonymous No.15116929]

>>15115339
Earnings plays?

[Anonymous No.15116932]

Fuck Trump

[Anonymous No.15116935]

>>15116859
I don't see that at all. There's too much debt.

[Anonymous No.15116948]

>>15116856
>What makes you think we'll even get any green candles?

[Anonymous No.15116973]

>>15116935

The level of debt doesn't mean a fucking thing when you're the reserve currency of the world and people want your money and to buy your debt.

It's when they DON'T want your money and they DON'T want to buy your debt that things start to go pear shaped. It's when people realize that they are better off utilizing the money they are using to buy your debt instead on themselves.

America's greatest export isn't something that you can hold in your hand, it's zeros and ones that is called the United States dollar.

Learn why the stagflation happened in the 1970s to understand.

[Anonymous No.15116978]

>>15116948
ok ok... I may have exaggerated.

But I can't outtrade you and and win you if I just do as you recommend. Is that anime any good?

I like rat, but I do think short is a pretty safe bet tomorrow. Maybe no leverage, just recoup some money to buy cheapies. I fucking love cheapies.

[Anonymous No.15117000]

* HK's Lam Won't Resign, Condemns Protesters For Creating "Very Dangerous Situation" On Day Of Crippling Strikes.
* HK’s Lam Says Protesters Want to Completely Ruin H.K.
* A paralysing citywide strike as part of the escalating anti-government protests forced HK airport authorities to cancel some 230 flights on Monday morning as air traffic controllers called in sick en masse - SCMP
* HK is on the verge of a very dangerous situation; HK govt respects protestors’ rights to express opinions but they should also respect others’ rights, HK Chief Executive Carrie Lam said Mon, adding that an emergency mechanism has been put in place to deal with Mon strikes.
* HK'S LAM SAYS HAS RESPONSIBILITY TO RESTORE ORDER IN H.K.
* HK'S LAM SAYS HAS RESPONSIBILITY TO CONTINUE MY DUTIES

* SPOT GOLD RALLIES 1.1% TO $1,456.20/OZ AS HAVEN DEMAND CLIMBS

* MSCI HONG KONG SINKS 3%, HEADS FOR BIGGEST LOSS SINCE OCTOBER

* China PBOC to Crack Down on Short-Term Yuan Speculation, Anchor Market Expectations

* PBOC SAYS YUAN PAST 7 DUE TO TARIFF EXPECTATION, PROTECTIONISM

* 10Y: 1.76%

* CHINA SAID TO ASK STATE BUYERS TO HALT U.S. AGRICULTURE IMPORTS


Nice good morning to you too

[Anonymous No.15117005]

Kosdaq market falls more than 6%, triggering brief trading suspension

[Anonymous No.15117041]

>>15117000
>nice ascendant dub digits!
so just a few more months of this in HK?

>>15117005
oh snap, how often do they get that? similar circuit breaker system to us?

[Anonymous No.15117054]

>>15117005

Damn nigga, they're back to 2016 levels. I honestly was not following the Korean index at all.

[Anonymous No.15117066]

>>15116973
Consumer debt. I don't see how prices can rise when there is less demand to pull forward.

I'm not really understanding your thesis. Disruption of the global supply chain -> (devalues the dollar?) -> inflation up -> gold up? I'm having trouble with the first implication.

We may also be talking about different horizons, I'm looking 1-2 years out for a parabolic move driven as a response to heavy central bank policy. In the short term (3 months), I could see gold going down if the dollar rallies but am ready to add more if it does.

[Anonymous No.15117108]

>>15116973
>The level of debt doesn't mean a fucking thing when you're the reserve currency of the world
uh

oh

[Anonymous No.15117141]

I hope the market goes down big tomorrow morning. Let me buy more shares before it naturally rebounds to normalcy.

[Anonymous No.15117149]

I bought foreign exchange hedged SPY in WON(gook rune gold) week ago. Now both S&P500 and WON is falling down in unusual records. (12600 to 12000 in 5 days)

[Anonymous No.15117163]

>>15117141
>Being this new
I bet you will sell before profiting on your ten -year baghold.

[Anonymous No.15117172]

>>15117163
Not sell, buy more for long term holding.

[Anonymous No.15117179]

>>15117005
We are fucked and we already admitted. Buy dollar.
t.gook

[Anonymous No.15117202]

>>15117066

A central bank can do whatever it likes expanding the money supply, it doesn't mean that there is going to be price inflation. Maybe asset inflation, but not price inflation. In fact price inflation has been stubbornly low during the post 2009 period.


>I'm not really understanding your thesis. Disruption of the global supply chain -> (devalues the dollar?) -> inflation up -> gold up? I'm having trouble with the first implication.

First you have to understand that the governments that America imports from are those that have the external US treasury holdings. It's a system for international trade. You sell oil from Saudi Arabia to Germany? You settle in dollars. You sell dragon dildos from China to England? At some point there is convertibility in dollars.

It's when the dollar system is repudiated because of foreign displeasure with the system, that actual inflation happens. Real life inflation on goods people consume.

Why? Because it's a repudiation of the system. America is a net importer and all the goods that it imports will get much more expensive. Or if the Imports are cut completely, Americans will need to do the jobs and the minimum wage of an American is much higher than the minimum wage of the chinaman.

In order to bypass holding dollars that are increasingly worthless, or rather the SYSTEM of utilizing dollars to facilitate international trade, people go for Gold.

Gold doesn't pay a dividend. It doesn't rust. Gold is gold. And central banks around the world have been buying up gold for the last 24 months in a big way.

Look into the 1970s. The monetary expansion already happened in the 1960s but it wasn't until the 1970s, and that was after very public events like the collapse of the Gold peg in 1971 and the Arab oil embargo of 1973.

[Anonymous No.15117206]

anyone else think chinks have something else they're going to drop that'll tank us to -500 futures? Like right before the PM like they did a few months ago.

[Anonymous No.15117228]

>>15117206
hack the election

[Anonymous No.15117232]

>>15117228
yang gang 2020

[Anonymous No.15117252]

>>15117206

As I said here a few hours ago >>15115297

The Chinamen are fucking SEETHING that Trump dared to put tariffs on them.

If you know anything about Chinamen or Asians in general, they hate losing face in front of other people.

The possibility is there that they won't come to the USA and trade talks could be over. Could.

[Anonymous No.15117263]

>>15117252
>>If you know anything about Chinamen or Asians in general, they hate losing face in front of other people.
I probably won't vote but if trump wins the chinese are seriously fucked.

[Anonymous No.15117268]

Anything the chinks try and throw at us, any uncertainty bubbling up on the international stage, hurts everyone. But it hurts the USD and the US equities market less, by percentage, because we're still the safe haven.

A little more turbulence can shake the weakness out of the global economy. But we're not there yet, weak companies and countries can still gorge on debt and hope that the storm blows over.
In the long run, maybe a little fire and brimstone is the best cure. It might mean things get pretty rough over in East Asia. We could see some things no one has ever seen before, some new things for future history books to talk about.

[Anonymous No.15117270]

>>15117202
Oh, it's a dollar weakening/losing world reserve status thesis. I don't see it happening, demand for dollars is still strong as everything else is shit, (and there's that dollar milkshake theory floating around) but it wouldn't hurt my longs.

[Anonymous No.15117274]

>>15115931
>growing
That’s funny

[Anonymous No.15117298]

>>15117163
How did you get your mom to buy you a Bloomberg terminal?

[Anonymous No.15117324]

>>15117163
where tf you get this chart

[Anonymous No.15117344]

>korea down almost 7%
I hope to god the dow follows suit

[Anonymous No.15117354]

>>15117324
It's a Bloomberg terminal. $24,000 a year. Either he's rich or works for a financial firm/hedge fund.

[Anonymous No.15117357]

>>15116948
srsly where do i find the green candle? Trading view? Is RH good enough?

[Anonymous No.15117388]

>>15117354
>Either he's rich or works for a financial firm/hedge fund.
Heh, you know, I didn;t even notice until it was pointed out, but I actually work in a University lab and just several weeks ago we got a batch of these things. I'm probably going to use them myself in a future class. Neato.

[Anonymous No.15117410]

>>15117270

>it's a dollar weakening/losing world reserve status thesis

That's exactly the same as a gold thesis.

[Anonymous No.15117444]

>>15117388
Lucky bastard.

[Anonymous No.15117463]

>>15117444
Oh yeah. Cost the Econ department an arm and a leg. Not just the software, dual screen monitors too.

[Anonymous No.15117510]

>>15117463
gib me one pls or els

[Anonymous No.15117522]

>>15117410
Gold could rise faster than the dollar as the dollar rises if the confidence is being lost in all paper currencies. Reserve status would not be weakened or lost but gold would still be up.

Speak of the devil, I just saw this posted. It's a summary of all the recent gold videos on Real Vision. Seems like it is a contentious topic.
https://www.realvision.com/tv/shows/the-one-thing/videos/the-gold-diggers

[grim !!tqKNtpU7P6O No.15117573]

Guys I think the market is going to be bad tomorrow.

[Anonymous No.15117591]

>>15117510
Sorry bud, no can do. Outta my control entirely. Just keep waging for a couple more years and I'm sure you'll be able to afford it.

[Anonymous No.15117625]

>>15117268
What kinds of things?

[Anonymous No.15117635]

>>15117298
Bitches don't know about my good boy points

[Anonymous No.15117650]

>>15117522

>Gold could rise faster than the dollar as the dollar rises if the confidence is being lost in all paper currencies. Reserve status would not be weakened or lost but gold would still be up.

If gold rises that means that the relative strength of the dollar is down. Why? Because we quote the valuation of gold in US dollars.

Reserve status is dependent upon it being utilized in foreign trade. Get it? That's why gold is the antithesis of the dollar.

Gold only goes up when people are hedging their bets about the American system either collapsing or being increasingly sidelined.

That's why all of the foreign central banks that aren't in America's sphere are stockpiling gold.

[Anonymous No.15117710]

>>15117650
imagine the faith in every currency is cut in half.

Is the dollar system abandoned? No, its still the best by far since everything is going to shit and strength is relative.
Does gold go up? Fuck yes, everything is turning to shitty paper promises.

Regardless of my wet dreams. banks are never going to settle in gold.

[Anonymous No.15117731]

>>15117710
I should sell my tiny bit of silver, yeah?
Linked to industrial production which will undoubtedly slow?

I just can't imagine that if JPM traders were manipulating it to accumulate it, that accumulating it is a bad idea... I mean, or course they could be wrong, but I'm guessing they know something I don't.

[Anonymous No.15117751]

>>15117731
paper silver -> do whatever. buy sell or hold
physical silver -> do not sell. hold or buy


HK afternoon livestream (not super exciting, normal protest stuff, with umbrellas):
https://www.youtube.com/watch?v=jHTjRc-M07c

[Anonymous No.15117769]

>>15117751
paper... so I guess it doesn't matter.

If it does go back down because of vanishing industrial demand, would love to start collecting rocks.

[Anonymous No.15117792]

>>15117751
>Source: AP Direct
Why not just watch that?

[Anonymous No.15117806]

>>15117710

If the demand for national currency cut in half, something would have to pick up the slack.

People would be saving in gold and utilizing it as a means of exchange, because as soon as you save in dollars and you settle a transaction in dollars, you're losing value.

>>15117731

You sell at historical highs. You buy at historical lows. You figure out historical highs and historical lows by looking at past price actions and adjusting for inflation.

The same is true of any commodity, including gold.

[Anonymous No.15117839]

>>15117751
Actually it's just the part currently filmed by this live stream that's more calm for now. Simultaneously there are some actions at Admiralty/Wong Tai Sin/Tsuen Wan/etc

[Anonymous No.15117847]

>>15117792
man I dunno it's just one of the first links I found
These protests are so tame compared to some of the other livestreams I've watched over the past few years.
A bunch of little Chinese zoomers running about
hope it goes well for them, but it probably won't. I blame Lam for a lot of it, she's a terrible leader. Her actions are just causing the tensions to grow.

[Anonymous No.15117861]

>>15111703
ACST

[Anonymous No.15117983]

>>15117847
>These protests are so tame compared to some of the other livestreams I've watched over the past few years.
humm from this perspective Hong Kong is still a rather traditional and orderly society. This is an disadvantage for the protestors. And that's how Lam managed to describe those protestors as radical when the most they have did was to smash some windows with bricks and throw the country flag down to the sea, and use it to justify the use of various nonlethal weapons without warning.

[Anonymous No.15118017]

>>15117000
PBOC also told Chinese companies PBOC support them buying different financial instrument that can help hedge against the risk of exchange rate fluctuation

[Anonymous No.15118027]

>>15117847
Are they? That video of the protesters lobbing paving stones with a giant slingshot was pretty wild. Obviously it doesn't compare to civil unrest in shithole countries, but HK is super peaceful and this seems far from normal

[Anonymous No.15118043]

Can someone explain TVIX to me? What drives this index? Is it just panic buying? Why do people buy this one specifically? Will it still have liquidity if it jumps to an ATH?

[Anonymous No.15118066]

>>15118043
Volatility (rapid price movements). Just stay away from it.

[Anonymous No.15118069]

>>15118027
it's extremely peaceful now, comparatively
especially considering the density of people in the downtown area, and the duration of the protests so far

the problem is that there is a tension building that Lam will be unable to resolve on her own
things could turn pretty violent (escalating the arrests of protesters, beatings, and then worse things). it seems that there is an inevitable movement either towards suffocation or confrontation. Probably a blend of both. If suffocation doesn't work, the necessary confrontation will be more violent (and in such a dense population too).


>>15118043
https://www.investopedia.com/terms/v/vix.asp
do you understand what the concept of "Implied Volatility" is for an options contract?

[Anonymous No.15118080]

>>15118043
TVIX is not an index, it's a 2x leveraged ETF tracking the CBOE volatility index (VIX). It measures market volatility by tracking the price of near-term options, the put/call ratio is often used to judge market sentiment. People get scared market is going down -> People buy puts/exit call positions -> Puts increase in value -> VIX spikes up -> TVIX spikes up 2x on the daily

[Anonymous No.15118139]

>>15117573
>Guys I think the market is going to be bad tomorrow.

Real bad. Asia is on a mad sell fest. Feels scary. Like last year kinda scary.

[Anonymous No.15118149]

Is LCIguy or snss anon up this late? I need hopium for this spooky Sunday

[Anonymous No.15118160]

>>15118066
>>15118069
>>15118080
Thanks. So why not buy some of it? It looks like free money (at some point).

[Anonymous No.15118176]

>>15118069
>Lam will be unable to resolve on her own
I think it's more like either she doesn't have the power to resolve on her own or she doesn't want to resolve the situation

[Anonymous No.15118182]

>>15118149
>hopium

In most cases, if the indexes are selling off this hard, everything else does as well regardless of whether that makes much sense for the individual tickers in question.

On the upside, there is excellent opportunity to make your whole year of trading on a few select moves when things get hairy like this.

[Anonymous No.15118185]

>>15118175
>>15118175
>>15118175
New thread, I made it for you!
>>15118175
>>15118175
>>15118175
>>15118175

(Notice, I waited the appropriate amount of bumps. You're very welcome.)

[Anonymous No.15118199]

>>15118160
it decays forever because of the way it's constructed
so you can buy it, but like anything, it isn't free money
pure randomness, it has a negative EV, its a product that you only buy for a short time and try and sell the peak

you need to try and understand:
how implied volatility effects the price of options a single stock
where implied volatility comes from for a single stock
how implied volatility is discovered for an entire index
how VIX futures work (mechanics)
then you can learn about how VIX-futures-derived ETFs truly behave

the creation/redemption mechanic is based on the futures contracts, which is where you can run into little liquidity 'roadblocks' as you mentioned in passing in your first post

>>15118176
she is utterly incompetent and she is repeating the pre-Tienanmen Square mistakes to a 'T'

[Anonymous No.15118212]

>>15115396
Nah HKD is bounded between the range of 7.75-7.85. They have something like 400 billion USD reserve prepared to maintain the exchange range within this range. If the exchange rate managed to go beyond this range then it will be a much bigger problem

[Anonymous No.15118216]

>>15118199
I'm conflicted, because I assume a lot of people closed calls and bought puts already, after trump announced his tariffs.

[Anonymous No.15118240]

>>15118216
volatility (instantaneous) doesn't care about the history of options or the options in play
it's looking at the impl. vol. from the contracts that are actually moving in a certain instant
sort of

the times I've made money off of VIX-derivative instruments was buying UVXY calls when the VIX was really low
once it starts to take off, I never try and chase it
thats just me tho

[Anonymous No.15118287]

>>15118240
Thanks.

I've gotten hurt most times I've tried to chase, think I'll just sit on my hands today, cancel most of my open limit buys, and set some limit buys for Jun 3 levels. It's too late to cut my losses, even though I said the same thing on thursday.

You making any moves?

[Anonymous No.15118309]

>>15118287
I am deep in thought
I don't think I will make any moves
I do think I will accumulate cash for the next several months

I'm not spooked enough to sell. I've tried to buy things for a good price, that will pay very nice yields and not lose too much if things get bumpy.

I am spooked enough to not buy anything right now, probably through the end of the year. that's a long time. Worst case, I just accumulate a bunch of cash :^)

[Anonymous No.15118403]

>>15118309
Probably smart.

If I make too many moves and just end up having to hodl for years that could really suck.

If we get another slow, rolling crash like the last one... that would REALLY suck honestly.

Got some damn good yielders, but then I’ve got some like salesforce that doesn’t pay jack.

[Anonymous No.15118590]

>NQ -1.99%
Today will live in infamy. Don't buy the dip.