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/biz/ - Business & Finance


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>> No.17624504

Fuck the wall street
Fuck the banksters
Fuck the stocks
Fuck globalism
Fuck capitalism

>> No.17624511
File: 770 KB, 1091x651, 4896B19C-8941-4EAE-A43B-56CA5D6B417A.png [View same] [iqdb] [saucenao] [google]
17624511

>>17624457
*sips*
I think golf SUCKS

>> No.17624540
File: 645 KB, 800x958, 1200.png [View same] [iqdb] [saucenao] [google]
17624540

Is the panic over? What's the feel in the US?
Time to buy MMM?

>> No.17624549
File: 32 KB, 293x358, 7452978.jpg [View same] [iqdb] [saucenao] [google]
17624549

>Wuhan increases patient quarantine to 28 days, since lots of patients are testing positive again after 14 days period.

>The U.S. has the world's highest coronavirus death rate at more than 5% - a number that reflects the country's lack of testing

>No risk of coronavirus at Holy Communion, “Christ never had germs,” says Greek priest

>Looks like Germany is the new Italy. 290 new cases today bringing total to atleast 640.

>President Macron says the "coronavirus epidemic is unstoppable in France," after a meeting with #COVID19 researchers at the Elysee.

>It's a 'false hope' coronavirus will disappear in the summer like the flu, WHO says

>> No.17624568

>>17624540
lmao, delusional ass bulls.

>> No.17624581
File: 63 KB, 587x315, 1564541589124.jpg [View same] [iqdb] [saucenao] [google]
17624581

>>17624549
it's rough out here
lots of sneezing and coughing

>> No.17624582

FUCK TRIPFAGS

>> No.17624594
File: 813 KB, 1080x2280, Screenshot_20200307-073036_Chrome.jpg [View same] [iqdb] [saucenao] [google]
17624594

Something, something fear comes later.

Why contain it?

>> No.17624601

>>17624540
What’s the long term plan here, are you trying to ween yourself off all the stimulation and decoombrain yourself? Revive your erotic imagination?

What kind of girls did you used to post before this?

>> No.17624609

Chances of IOC calling off the Tokyo Olympics?

EWJ puts looking attractive

>> No.17624610

>>17624494

Well that is the problem, and there is only one way out. Organic economic growth. Not this derivatives off of debt currencies off of this or that crap. It makes the house of cards more complex and riskier.

A contraction would only prove good in the long term. Forget the short term that's how losers think. That's why we keep running into the same issues over and over. In fact now they are being multiplied even because of the irresponsible handling of the economy.

Better to have little with peace and quiet than much with great frustration and toil.

49%-78% of American workers live paycheck to paycheck. You're telling me that the number increasing seemingly is good for economic outlook? What happens when great turmoil strikes and people say screw it and lash out. Even now I'm seeing a rise in people having to take on multiple income sources just to make ends meet or get ahead. It's a race to the bottom man. Fed may actually be spiritually blind and they're taking the American Dream TM down with it.

>> No.17624612
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17624612

>>17624549
look at all those sources

>> No.17624613

>>17624594
WALLAH and costco was never $280 again!

>> No.17624620

>>17624594
Back in January I told you all to buy $APT calls and no one listened.
$BGS will pump thanks to this.

>> No.17624632

>>17624549
> U.S
> 5% death rate
> literally 14 cases

Fuck off reddit

>> No.17624649
File: 597 KB, 1220x921, file.png [View same] [iqdb] [saucenao] [google]
17624649

Are strip malls dead in AMERICA?

>> No.17624657

>>17624540
lmao it's far from over

>> No.17624661
File: 110 KB, 850x1041, 8712.png [View same] [iqdb] [saucenao] [google]
17624661

>>17624620
did you actually make your case or was it the usual "hey guys buy APT kbye (1 post by this ID)"

>> No.17624667

>>17624601
I think those pictures are supposed to create a sort of despairity complex. It gives you a tease, but since you clicked it, the flesh wants to satisfy it even more likely, driving up demand for such lewd and degenerate behaviors. Just a theory though.

>> No.17624677
File: 703 KB, 1080x1904, Screenshot_20200307-113444_Twitter.jpg [View same] [iqdb] [saucenao] [google]
17624677

AAAAAAAAAAHHHHHHH IT'S FUCKING OVER

SHORT EVERY SINGLE THING THAT CAN BE SHORTED

>> No.17624685

>>17624609
They will made the decision in May.

>> No.17624688

>>17624677
>that pic
Hahahahahahahaha

>> No.17624694
File: 35 KB, 1330x561, vix.png [View same] [iqdb] [saucenao] [google]
17624694

>>17624677
Never has being a schizoid avoidant been so fun

>> No.17624710
File: 842 KB, 1496x1147, 1580593108312.jpg [View same] [iqdb] [saucenao] [google]
17624710

>>17624694
yo same
to me, avoiding large gatherings of people is already natural

>> No.17624716

>>17624649

Yes, both strip and regular malls.

>> No.17624718

>>17624677
>18,000 people
Oh god damn it I didn’t realize it was that big of an event, I thought it was smaller and more of a sure thing.

Was going to buy after the leg down when someone in congress got it.

>> No.17624729

>>17624667
I think it’s sissy hypno stuff... just reinforces negative self image. But I guess not everything that gets you off has to be “healthy”

>> No.17624739
File: 105 KB, 557x836, file.png [View same] [iqdb] [saucenao] [google]
17624739

Even grocery stores and supermarkets?
Weren't people panic buying toilet paper in AMERICA too?

>> No.17624742

so is there any special way to use the VIX, or is it just a contrarian correlation indicator of sorts (VIX goes up, market goes down, and vice versa)? i still don't know how this DIX dark pool shit works either btw but im trying to learn about these different market indicators like how some information about options like IV can be helpful for trading the underlying stock.

>> No.17624754

>>17624718
The best part is they're all boomers, so they can't into technology and handle all their shit by sending staffers and interns across DC

It's gonna spread far beyond the attendees

>> No.17624799

>>17624685
Aw, disappointing.

>> No.17624801

>>17624742
You don't trade VIX. You trade VIX ETFs. Options IV determines the premium. Take KO for example -- it normally isn't very volatile so a leap OTM option would be cheap because it's very unlikely to happen. Now look at a meme stock like SPCE -- it's extremely volatile because redditfags pump it like a pajeet shitcoin. This means it could hit $80/share in 3 days for no fucking reason, or fall to $10/share. Since a leap call is way more plausible on SPCE than KO, the premiums go up. That's IV.

>> No.17624802

>>17624754
Eh. It’s really contagious but I wouldn’t be so sure that

>>17624739
COST baby! You were most likely looking at people from cost. They did panicbuy TP and PT’s but really it’s not that unusual for people to go to Costco and buy a whole lot of shit for the next several months, or all of their roommates, or for the office or whatever. It’s a good deal and it doesn’t go bad.

But the thing is when you have a LOT of something, you tend to use more of it. This is less true of TP but very true with snack foods and sodas and such. So they get to feel good about saving money but if they’re not careful they just consume more as a result.

COST is a buy, I hope I get to buy more at a discount.

People probably raided the other stores too but I’m less interested in Kroger, Target, Walmart, etc. a little interested in Grocery Outlet.

>> No.17624830

>>17624677
>jews will be the ones that destroy their puts in the US government
reminds me of that jew that invented Zyklon B

>> No.17624843

>>17624830
>puts
puppets*?

>> No.17624848
File: 188 KB, 710x1386, file.png [View same] [iqdb] [saucenao] [google]
17624848

>>17624802
I don't understand strip malls.
Is it just the boomers going to them for their groceries?
Don't most millennials and zoomers rent apartments in the cities so they won't go to strip malls for shopping?
Do people still go to Lowe's or Home Depot?

>> No.17624862

Pendy, before the world ends, I just want to say I love you.

>> No.17624880

https://fred.stlouisfed.org/series/MSPU

Housing market prices plateauing before COVID19.

https://www.macrotrends.net/2016/10-year-treasury-bond-rate-yield-chart

10YT rate on continual decline meaning higher demand and entities wanting to be in safer securities. Market likely thinks future is more volatile.

https://www.visualcapitalist.com/in-charts-how-american-household-finances-are-changing/
American household finances visuals (keep in mind this is 2 years old, I haven't found an up to date one yet).

All of this points to higher presumed future volatility and higher risk as well.

>> No.17624886

>>17624848
Are you sure you you’re talking about a strip mall?
Aren’t strip malls just a bunch of stores that open on to a parking lot usually outside, so you can go there and visit the yoga studio but maybe throw your stuff in the car and then grab a Jamba Juice and what the heck subway is right there and the kids are going to be hungry so hey let’s buy that too?

>> No.17624888
File: 207 KB, 1080x1080, besuto.jpg [View same] [iqdb] [saucenao] [google]
17624888

>>17624710
Yeah, it's not like I hate people, I just don't seek out social contact for the sole purpose of deriving some kind of gratification, it's pretty comfy desu

>> No.17624917
File: 3.85 MB, 2014x826, file.png [View same] [iqdb] [saucenao] [google]
17624917

Is it better to go inverse on mid caps since they'll drop more?
https://www.direxion.com/products/direxion-daily-mid-cap-bull-3x-etf

>>17624886
https://eservices.mas.gov.sg/opera/Public/CIS/ViewProsDetail.aspx?prosID=79a3856ec6244ae5b84b4ba01083a670

This is how their properties look like.

>> No.17624923

>>17624888
>posts best girl
>digits
Truly this is a wise anon.

>> No.17624928

>>17624540
everything is down in weekend trading

>> No.17624942

>coworker has laryngitis suddenly
>she is coming to work today anyway
Should I bail before she gets here? I think she has corona.

>> No.17624949

>>17624942
Why are you working on a weekend?

>> No.17624950

https://www.ceicdata.com/en/indicator/united-states/household-debt
https://www.aspeninstitute.org/blog-posts/size-and-scope-of-consumer-debt

More up to date household debt chart.

https://www.advisorperspectives.com/dshort/updates/2020/02/13/five-decades-of-middle-class-wages-january-2020-update

Wage charts. Definitely stagnant.

>> No.17624964

>>17624949
Because I'm a retail wagie

>> No.17624989

Thinking about buying SPY straddles, what do u guys think

>> No.17624991

>>17624964
Lmao loser

>> No.17624999

>>17624991
How else should I get my gambling money?

>> No.17625054

>>17624999
Nice diggies
fuck the haters
working is a great way to make more money to buy more stocks.

>> No.17625085
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17625085

>>17624632
Let's not forget that the average age of people dying because of Corona is 84, literally no reason for the market to wipe out trillions because there's a few old people dying and young people getting the cold. I'm starting to believe the theory that the big boys wants to wipe out some long positions before the bull run continues

>> No.17625143

>>17625085
Oh no it’s 2008, definitely don’t buy quality companies after they dip 10+% and buy more if they dip even harder. we could crash anytime and then you’ll be holding the bag for a decade or maybe forever if this is the end of the US.

>> No.17625147

>>17624999
security. demand a boring secluded outpost where you can sit in your car and watch over utility trucks or construction sites.

>> No.17625156
File: 173 KB, 860x867, 267-2677113_mad-money-on-cnbc-on-twitter-jim-cramer.png [View same] [iqdb] [saucenao] [google]
17625156

Screaming man on boomer tube says time to buy. Gg bears.

>> No.17625158

>>17625085
>few old people
20% of Europe is over 65, you think that's just gonna be fine?

>> No.17625175

>>17625158
inb4 sauce
https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Population_structure_and_ageing

>> No.17625184

>>17625156
Did he? What’s old Jim saying about the market today? We got some ER’s to look forward to?

>> No.17625203

>>17625085

The US economy is propped up by a strong US dollar because the global economy is shit and foreigners are buying the dollar as a safe heaven. People call the US economy strong, but many industries are essentially propped up by government aid / tax cuts. The moment the global economy recovers, foreigners start dumping US assets to return to their own countries, then all of a sudden the deflation of the last two decades will reverse, massive inflation will occur, and the US government will be no longer able to prop up every industry. Farming will collapse and there will major food shortages in US. Shit is going to get bad, so if you're buying this dip, prepare to drop another 80-90%.

>> No.17625230

>>17625203
lol

>> No.17625246

>>17625203
ok boomer

>> No.17625247

>>17625147
I'm clowny for some isolation, what's the pay and how competitive the market?
>>17625175
It should still be fine if they're retired and only half-participating in society like they should be at that age.

>> No.17625255

>>17625203
>the us dollar is strong because everything thinks it's strong

>> No.17625269

>>17625184
He showed what essential was a volatility chart that he rebranded as a "panic oscillator". There were 12 times when market fear was this high in the last 20 years and approached "maximum". 11/12 times purchasing at these levels of fear lead to incredible buying opportunities with the one outlier being 2008 because of fundamental problems in the financial sector which no longer exist.
yesterday's job reports were unexpectedly strong and in normal circumstances would have been a catalyst for a green day.
Typically fear based market trends tend to be oversold.

>> No.17625279

I WISH THE STOCK MARKET WOULDN'T CLOSE ON THE WEEKENDS
What the fuck am I supposed to do? Suck dicks for cash?

>> No.17625300

>>17625255

Its strong because its the tallest midget right now. So it allows the government to spend big to prop up various industries. Once the USD's reserve status declines, the US dollar and economy will collapse.

>> No.17625313

>>17624610
>49%-78% of American workers live paycheck to paycheck
To be fair, 1 in 10 people with 50k to 100k so too, so it's no all poverty.


>A contraction would only prove good in the long term.
If only we'd have let the banks fail.

>> No.17625321

>>17625247
Dude the average age of presidential candidates now is like 75. Boomers own something like 60% of american wealth. They're the ones participating the most these days.

>> No.17625322

>>17624661
Have you not heard of coronavirus?
There is this disease that is causing people to go and panic buy shit at the supermarket.

>> No.17625329

>>17625279
>What the fuck am I supposed to do? Suck dicks for cash?
Do Forex, lose money, learn a lesson.

>> No.17625330

>>17625300
yeah well corona is about to take an axe to those stumpy legs then, we're about to see what a pandemic does to an intensely globalized economy

>> No.17625350

>>17625313
>it's no all poverty.
just because they make 100k doesnt mean they dont live near poverty, if rent alone is like 60k kek

>> No.17625359

>>17625203
>so if you're buying this dip, prepare to drop another 80-90%
If that happens, You are talking about a complete economic collapse and societal breakdown. Money will be the last of your worries.

>> No.17625365

>>17625329
>forcesex
What the fuck are you smoking my dude. Next you're gonna tell me to buy commodities

>> No.17625380

>>17624739
weirdly enough i was just looking at this picture in an article about a company that's heavily shorted

>> No.17625388

>>17624801
you can trade vix options btx

>> No.17625402

The mythos of capitalism, regardless of how much it actually operates this way, is that the more capable a person is of providing a service which is useful to the economy, the more they will be rewarded for doing so. While there is absolutely a large aspect of luck and class advantage that this explanation doesn't address, this is the stated goal, and there are a few small ways in which capitalism achieves it, at least in that a person who wants to do economically valued labor is more likely to be rewarded than a person who doesn't.

However, I want to point out something about the usage of "capable" and "economically valued".

The elephant is the room when talking about people's capability to provide labor is that not everyone actually has the same capabilities. People are born with genetic-related disabilities, and disabilities are not the only disparity in ability that exists between people which can be seeded before birth. While it's far harder to measure the exact differences in capabilities between individuals without something so obvious as a disability to point them out due to the endless well of other factors at play (I also would rather this not be measured, as it's info that could only realistically be used for evil), we do at least know that nature plays a significant role in how a person's behaviors and abilities develop. The reality is that we just don't know how big this factor is, but we know it exists to some degree. Even if you take the stance that everyone who doesn't have a clear disability is on even footing genetically, the issue still remains of that subsection of people who aren't.

>> No.17625410

>>17625247
I'm getting into it soon so I don't know much. 13-14$ unarmed. Lots get fired for sleeping on the job, so either get good at staying awake or setup a few sneaky motion sensors

>> No.17625422

>>17625143
>>17625158
>>17625203
Yeah yeah, all right. Let's see how much things have changed by summer, if things have died down I'm expecting you to spam "I'm a part of the herd of sheeps" at least twice a day. I said the same thing to a few guys saying that WW3 would happen because of the Iran bullshit, but haven't seen the spam yet.. sadly, I guess they went back to /pol/ or something

>> No.17625441

>>17624742
>>17624801
Never buy and hold calls or stocks of any of this ETFs overnight. They can go to 0$ overnight.
I made 35k shorting this risky ETFs back in the volmaggedon of 2017. Google XIV before buying them...

>> No.17625455

>>17625380
which company was this?

>> No.17625464

>>17625203
>Only 1st world country with healthy demography AND capital rich investment class
>Worlds largest energy producer
>Worlds largest consumer driven economy (not even close)
>7% of GDP is tied to global trade, more than half of that is between Mexico and Canada
>Worlds largest and most productive agricultural zone (net calorie exporter)
>Worlds largest and most effective military
>Worlds largest tech innovator and researcher

Yeah Euroboomer, it's all a false economy house of cards here man. Unlike your home of Germany where everybody has like 2euros of disposable income, nobody got around to having kids except culturally eliminationist Muslims, and YOU are on the hook for all your neighbors banking follies for the next 100 years.

>> No.17625468

>>17625455
tanger outlets

>> No.17625478

>>17625422

Summer? I'm talking 2020-2030 time frame. Stocks could bounce back in summer after the hype virus, but that's the thing its as soon as the global economy recovers, thats when things get fucked for the US. So if you buy this dip, at least have a stop loss, and sell the bounce, don't hold like a retard.

>> No.17625497

Royal Dutch Shell B Dividend Yield - 9.04%

Is the oil meme going to die?
Should dividends matter if I don't get taxed for them?

>> No.17625511

>>17625464

Also the worlds most overvalued stock market.

>> No.17625512

>>17625321
>average age of presidential candidates now is like 75
That's depressing. I think just ONE of the branches should have an upper cap of 60 or so, and the Executive would probably be the easiest to get that in on (though I'd prefer Legislative so we don't have any more 80 year old Senators collecting tons of dosh to sit around being senile).

>> No.17625523

>>17625478
I just want to make one thing clear here, you do realize what you're saying is pretty much that the world will enter a complete economic meltdown which will lead to social unrest and probably put us back decades, right? It literally doesn't matter if I would have a stop loss or not since the system would collapse and money would become useless. I might be able to afford a loaf of bread if I withdraw it in time but that's about it

>> No.17625531

>>17625322
that didn't answer the question.

>> No.17625544

>>17625422
It might kill transmission chains then, cause it seems it still spreads but fomites are kill in hot weather so not nearly as much, what happens after summer though? Just so you besides that surface survival rate study, the only reason we think this will die in the summer is cause other coronaviruses act the same, however, this one also has properties that are far different. Regardless I hope you are right

>> No.17625548

>>17625468
on 1/31 almost 49m shares were traded. there's about 49m shares short in a float of 90m.

>> No.17625578

>>17625531
Yes.
I've been making it since the january 24 wuhan quarantine was announced. Everyone insists its just the flu even after China's economy was shutdown for 6 weeks.
I refuse to keep making the case over and over again, go buy the RCL dip...

>> No.17625581

>>17625523

I'm saying the US economy will collapse, and stocks will drop 80-90% in the next ten years, there will be inflation. It has happened to many countries before, and it can happen to the US. The world will keep on turning. You'll just have to work hard and longer hours to feed yourself. Its called a "recession." And any money you have in the stock market will be gone.

>> No.17625598

And so the story goes, the Virus is spreading out far and wide causing panic and the market to just shat biggly on a constant basis. Good news for you; bagging cheap stocks has never been easier! Or you could just skip the tough choices about which to buy and just buy a Fund instead. After all it's cheap now to and has everything you could want all inside. Then you could bag Him on the side and let His Fat Divvy keep you warm in 27 years time when your an middle aged or old man retired from his job just kicking back in his living room not caring at all. Then see you wouldn't have to sell a single share of Him, just turn off the Drip after 27 years and pocket that Fat Payout 4 times a year.

>> No.17625616

>>17624632
>>17624677
its gonan get real bad unless they find vaccine cure, teach me how to short on TD ameritrade so I dont have to leave my house for the next years

>> No.17625648

>>17625598
You assume these stocks still have worth. They’re cheap for a reason.

>> No.17625650

>>17625279
Go to church tomorrow and pray for gains, like the rest of Wall Street Traders you fucking moron

>> No.17625689

>>17624677
RIP GOP

>> No.17625705

>>17625203
Imagine believing this

>> No.17625734

>>17625203
Farms actually had to close down in the US because of too much competition. I've talked to a number of Amish and one I met even did business mostly with China as US has so much food availability according to him. That's why you see farms shrinking.

>> No.17625801

>>17625689
There were just as many Dems there. Juden owns both parties.

>> No.17625840

>waiting for tastyworks approval for one week already
what the fuck? also think that I'm addicted to trading now, weekends nowadays feel so boring

>> No.17625876

>>17625840
Somewhat relatable. I'm not addicted but finance and economics are such fascinating industries.

I made my first options play last Thurs and after selling the contracts my portfolio gain for the year was over 30%. It's so fun trying to lay this stuff out too. Should be a good year for me.

>> No.17625902

>>17624677

O I AM LAFFIN

>> No.17625913

>>17625581
No it won't be called a recession, it would be called a super recession. If 90% of the stock market is wiped out nowadays the entire system would collapse, it wouldn't be another 1929 considering how much people rely on modern day technology and how much the system is built around the market in a whole. There won't be any "just work harder and that's about it" because nobody would hire, hyperinflation would grip the world currencies and if the US market lost 90% of its value.. you can bet your ass that the world wouldn't just keep on turning, the entire world would come to a halt because we rely on each other to the extreme compared to 100 years ago. It would be global panic.
Not to mention that in 1929 when the market lost ~80% of its value, it took the DOW ~25 years to recover and the fact that we recovered at all was pretty much thanks to WW2. So how long would it take us to recover during peace time if it happened now? 30, 50, 100 years? I don't think you understand the dangers of another 80-90% stock market crash. Read up on the great depression and times that by 10

>> No.17625943

>india found a cure for the coronavirus
>https://twitter.com/COVID_19_News/status/1236244130751303680
thoughts?

>> No.17625959

>>17625913
I think realistically the Fed would ease the flip out of the market before we reached 32%. The market has shown support last Friday and realistically my very limited quantitative run for projections of future shrinkage was about 2-3% intrinsically. Granted market sentiment can weigh against that. We may not see more than a 25-45% drop, 60% would be terrible for many but, Glocks, PMs and relationships my dude.

>> No.17625967

>>17625943
Man what is it with these guys and poo. Sheeesh.

>> No.17625978

>>17625913
World powers would just have another world war to clear their debt and hit a reset button. Not to mention the pressure release valve of sending a few tens of millions of young men of fighting age to die in a fabricated conflict.

>> No.17625985

>>17625959
Oh shut up. Friday was a melt up from the 4th largest market maker on VIX options. One person moved the VIX 7% that's how fucked up this market is. Stop living under the delusion that you can quantify things so simply. Markets are purely psychological

>> No.17625998

>>17624801
i wasn't talking about TRADING the VIX, i was talking about how to USE it to trade stocks. for example, VIX up, /ES down, i should be looking for short opportunities when i trade AMD that day, get what i mean?

>> No.17626006

Which stinks should I buy?

>> No.17626009

I'm at this point in the market where I'm not sure what I should buy, whether it's more spy puts or I should pick up travel, entertainment puts aswell .
I don't want to exit and hold cash as I believe it's a nice opportunity to profit.
Any other industry sector suggestions ? Not looking for spoon-feeding but just a couple ideas

>> No.17626019

>>17625943
amazing. the third world never ceases to amaze. btw lots of Africans think they're immune thanks to muh melanin so they're gonna get btfo 10x worse than they would already lol

>> No.17626025

>There are people ITT that dont realize most ETFs are built with derivatives
Some of these funds are legitimately worse than investing in a shitcoin

>> No.17626037

>>17626025
I only buy PHYSICAL ETFs

>> No.17626049

ANY general advice for someone who just started investing a few days ago?

>> No.17626053

>>17626009
Buying options in this climate just seems like too much of a gamble too me. You buy leaps, and IV crush obliterates them, you buy weeklies, and the market jerks in a completely random direction. I just can't win with them lately.

>> No.17626054

>>17625269
But the question is, are we at peak fear yet? And if not when is peak fear for this sell-off?

>> No.17626065

>>17625985
>Markets are purely psychological

that psychology is all reflected in the price action and volume which can be analyzed using math, though. the main problem people run into is trying to do this on the daily time frame which has gaps between days instead of intraday which doesn't have that problem due to often tiny spreads.

>> No.17626067

>>17625985
You can quantify to some degree. The alpha score (tolerance for error) is what I have yet to find out. Though I may someday. Either way. You say say markets are purely psychological which can be quantified. The probability that you don't know how just means you lack the understanding/skills. Not me. People and sentiment are obviously a factor hence ranges are set. It's not binary stop acting like a loon my dude.

Also
>'it's not quantitative. No way you can tell that from numbers'
>'i don't understand it so you must be wrong'
>'only my way is right and i refuse to learn anything more because I'm too proud to admit I can do better'

You hedged in your own lack of understanding and growth. Be advised.

>> No.17626086

>>17626049
use a practice account / sit and watch for a while

>> No.17626120

>>17626054
I don't think we are. Just wait for testing to roll out in earnest in the states (if that ever happens).

People are panic buying right now. Imagine what it will be when we hit 10k confirmed cases. Coronachan has a lot more to say in the next few months

>> No.17626142

>>17625269
>2008 being an outlier
>not looking at eurodollar implementations and how banks by proxy are loaning out on bad collateral/high risk in foreign countries
>using an outdated and irrelevant job market report that was even said to be without economic effects factored in

Did Cramer know about the 2008 issues before they happened? If not, why listen to him. He runs a show not a firm by my understanding. Big difference there. It's why I don't listen to much finance radio/tv. Just talk.

>> No.17626177
File: 56 KB, 1125x773, e4ffc05-1.jpg [View same] [iqdb] [saucenao] [google]
17626177

>tfw we skipped straight to day 250

>> No.17626187

reminder to stockpile medicines/drugs right now. Shortages expected

https://talkingpointsmemo.com/muckraker/coronavirus-raises-prospect-of-generic-drug-shortages

>> No.17626198

>>17626177
Its not -30%?

>> No.17626219

>>17626187
I already went out and bought some cough syrup and nyquil. I actually still have this really strong opiate cough syrup from when I got sick last year that I just remembered.

Getting high af if I get this shit.

>> No.17626225

>>17624582
this is the post

>> No.17626239
File: 62 KB, 780x439, 1583591370878.jpg [View same] [iqdb] [saucenao] [google]
17626239

>The collapsed hotel is used for coronavirus quarantine, according to the official People’s Daily.

>The building collapsed at around 7:30 p.m., and by 9 p.m., 23 people had been rescued, the city government said.

>No reason for the collapse was given.


https://www.reuters.com/article/us-china-hotel-collapse/around-70-people-trapped-as-hotel-used-for-quarantine-collapses-in-china-idUSKBN20U0LW

>> No.17626250
File: 2.97 MB, 500x368, SOYNOOOOOOO.gif [View same] [iqdb] [saucenao] [google]
17626250

>>17624457
Are there ANY good brokers for UKcucks that have an API? Seems like everything is US only, do the retards in my country just not trade?

>> No.17626255

>>17624582
Based

>> No.17626259

>>17626250
interactive brokers

>> No.17626279

>>17626239
Based building purging the infected.

>> No.17626285

>>17626250
This gif gave me an audible chuckle

>> No.17626298
File: 72 KB, 270x304, peter2.png [View same] [iqdb] [saucenao] [google]
17626298

whats the best gold miner to invest in right now?

>> No.17626304

>>17626259
Do you have an account with them? I do but i had to lie about my income and assets or otherwise it wouldn't let me trade. Do you think i will have a problem down the road?

>> No.17626315

>>17626259
>>17626304
Yep I don't think they will let me do anything

>> No.17626336

>>17626279
>>23 people rescued
= quarantine broken

>> No.17626342
File: 104 KB, 960x940, 1557098151850.jpg [View same] [iqdb] [saucenao] [google]
17626342

>>17626177
This is why I'm not in any hurry, the fun has just begun. When it bounces back up to a few percent below ATH I fully expect the dumbfuck bulls to be out in full force parading, but I will be preparing and hibernating. We knew the depression was coming even before corona, it's merely the pin

>> No.17626349

>>17626336
oops forgot it'd link a post lmao

>> No.17626385

>>17626065
Yes, it can be analyzed using math, and then manipulated as a result like when 1 person manages to move the VIX 7%.

>> No.17626388

>>17625441
I lost $3k on xiv when they pulled the note. That was a very hard lesson.

>> No.17626402
File: 528 KB, 1429x1600, CS Burritos Collage Y11.jpg [View same] [iqdb] [saucenao] [google]
17626402

>>17626342
Yeah, if you got a bead on what's going to happen this coronavirus thing has been free money.

>> No.17626403

>>17626298
invest in yourself
buy mining equipment and tickets to my gold mining seminars, and become the best gold miner !
or just buy GDX like a normal person

>> No.17626406

>>17626250
do spreadbetting instead, no taxes

>> No.17626423

We wont crash. Can't even buy a proper put debit spread. People are charging more across options than the actual width between the options are worth and morons are STILL BUYING PUTS. We're going to bull on the backs of too many bears getting short squeezed.

>> No.17626474

>>17624677
reminder that Mutts laughed at Iranian PM's testing positive, when they will repeat that feat in 2 to 3 weeks.

>> No.17626481

>>17626037
this, besides short term inverses only physicals

>> No.17626488

when everyone here is saying to buy puts or short the market you know its going to bull on monday

>> No.17626510

>>17624540
this is unironically a societal collapse signal, losers are being driven to even more humiliating things than jerking off to cartoon porn to maintain their ego state/identity because motivated, healthy individuals are piling up around them

shorting everything

>> No.17626520

>>17626120
I tend to think so as well, although I am worried of two things: people getting happening burnout, therefore overcoming fear, or institutions lying or hiding info, thereby assuaging fear. Is it too late to short? What of health insurance companies? Will not they bear a massive unforeseen cost in this if many become sick? What are your thoughts?

>> No.17626521

>>17626142
I made the post more ironically than anything and to provide what could be the bullish side of the argument which mayor or may not pan out at this point. It's really all speculation at this point. I personally have changed my strategy to try to capitalize on the volatility. I stradled Nvax at 12 earlier in the week and made out huge, cashed both sides of the stradle in the money, 3x on the calls in the morning and 1.5x on the puts in the afternoon.
I am now aiming more long term. My last plays were on oil and financials with 9/18 and 10/16 cash out dates. We are either going to be completely fucked or in slow recovery but my bet is the prices are no where near what they are today. I will strengthen my positions on both sides as peaks and troughs occur between now and then.

>> No.17626542

>>17626488
Yeah bro buy high sell low cash gang haha

>> No.17626543

>>17626423
Does it ever get to the point where you can pin the price and just make more money buying stock and selling puts than letting the price move?

Feels like what you'd wanna do with some stocks assuming you have the capital to pin it a week or two.

>> No.17626554

>>17626054
doubtful
theres evidence that a lot of people are pricing in a recession yet, if social distancing ramps up heavily i dont see how thats avoidable. Additionally its going to absolutely tank consumer sentiment due to its visibility.
one way to think about it is that this might be a bottom-up crisis for the general economy while 2008 was top-down, and the former really hasnt occured in a lot time, probably not since the 1970s oil embargo.

>> No.17626560

>>17626402
teach me

>> No.17626564

>>17625402
genetic engineering and artificial enhancements will fix this

>> No.17626567
File: 158 KB, 1080x2160, Screenshot_20200307-075246.png [View same] [iqdb] [saucenao] [google]
17626567

>>17626423
God I wish I had the foresight to have purchased calls 1-2 months ago.

>> No.17626569

>>17625985
sauce

>> No.17626577

>>17626067
larper detected

>> No.17626581

>>17626560
I can't give away my edge.

I can tell you general ideas. Like say research the ever living fuck out of Coronaviruses and infectious disease in January.

It helps to have a wide-net of interests. I had been very interested in possibility of flu pandemics before coronavirus and had theorized many such situations.

I think one of the flaws in the average trader was not having interest in such subjects, aka narrow views.

>> No.17626587

>>17626298
I've made shitloads on DRDgold.

>> No.17626595

>>17624457
What do you guys think is SPEX the next INO? Thinking of taking a position on Monday.

>> No.17626640

>>17626521
how do you cash that many times on one stradle? you use it as hedge and open long/short and then close it and hope it will go opposite side? how do you know when to close the position? anon pls teach me how to do this

>> No.17626659

>>17626560
just betting on the dump/pump pattern would have been free money whole last week, potentially next weeks too

>> No.17626677

>>17626659
> just betting on the market direction would have been free money
thanks, that is very valuable insight anon

>> No.17626691

>>17625998
Learn to speak English first then you might have an easier time understanding stocks.

>> No.17626694

>>17626640
I bought on monday, held till friday. friday opened up at @13.70, hit a high of 14.25, i sold at 1.80(they were 3/6 calls purchased at 0.60) By 1:10, the price had dropped to under 12 and the vega was so fucking high I sold them for .60.(purchased at .40)
Really just got lucky.

>> No.17626719
File: 19 KB, 661x237, 2IeuhXX.jpg [View same] [iqdb] [saucenao] [google]
17626719

I did passive investing mainly in 2019. Just bought stocks and held.

In 2020 I decided to actively trade.

Now, I'd say I have a good strategy edge. It's a very out there unique strategy though.

>> No.17626750
File: 352 KB, 787x1071, 432.jpg [View same] [iqdb] [saucenao] [google]
17626750

>>17625578
>go buy the RCL dip
thanks for the dip tip, question is if it has finished dipping yet

>> No.17626754

>>17626488
watch bloomberg or cnbc etc and every single boomer is telling people to buy the dip

>> No.17626775

>>17626754
Assuming a good company. It's a massive inefficiency that it dips like this.

>> No.17626790

>>17626775
Say you have company A, that is an amazing investment. A short term impact to the market effects it price down.

At this point you are just playing a greater fool game of who is dumb enough to sell last, and who can squeeze back in the fastest.

>> No.17626792

>>17626510
it's just because we stopped bullying losers, so now they have to bully themselves
bring back normal healthy natural bullying and you'll see things start to get better

>> No.17626794

>>17626719
>It's a very out there unique strategy though.
Short markets during epidemics?

>> No.17626826

>>17626794
Of course, except I probably would have made similar if not greater returns if coronavirus didn't happen.

>> No.17626846

>>17626792
Nah man, I don’t really want to get into technicals or philosophical navel gazing but basically mice do a version of this too, we’re headed toward violent >>17626792
collapse via systemic violation of Pareto distributions

>> No.17626847

>>17626826
so what's the strategy?

>> No.17626872

>>17626510
>driven to even more humiliating things than jerking off to cartoon porn to maintain their ego state/identity because motivated, healthy individuals are piling up around them

elaborate. piling up as in failing?

>> No.17626894

>>17626521
Crab whisperer, I hope it works out for you. I to am eying oil plays, though shorts for medium term, and then calls for long term. If economy gets bad some of the smaller companies might fold. Another poster described oil plays as "arcane", and if have to agree, especially when there isn't obvious momentum and when one does not have early access to inside political info.

>> No.17626903

>>17626872
Yes, part time job work is up and mostly responsible for the positive employment numbers, more people age 22-28 live with their parents than ever before and the number of young people not seeking employment is also up. Losers are only an acceptable loss for society as long as nobody motivated feels the way they do and has the means to organize them. Bernie is just a start, and just a symptom, it gets worse. A lot worse.

>> No.17626915

>>17626554
What do you mean by social distancing? Also, do you think peak fear will occur from the virus, or from actual data on consumer confidence and retail sales?

>> No.17626920
File: 1.16 MB, 679x1011, 76126534.png [View same] [iqdb] [saucenao] [google]
17626920

>>17626510
>>17626792
uguu

>> No.17626924

>>17626049
>>17626086
This is lame. Do NOT do this. Just jump in with both feet and google any questions you may have, otherwise you will watch potential gains slip away while you "practice."

>> No.17626936

>>17626474
Oh god, I'm imagining the virus spreading at Trump rallies.

>> No.17626942

>>17626239
No better way to quarantine than to blow all the supports and bury chinese insect people.

>> No.17626948

>>17625464
>country with healthy demography
Stopped reading there. You're absolutely nuts.
This place is rotting from the inside out. Absolute social mess of substance addiction, antidepressants, rising suicide rates, third world takeover, dog moms, cat dads, men becoming women, women getting ugly and old before they're even 25 from too much drugs/booze/dick or whatever the problem is, absolute lack of social cohesion, and whatever else is going on that isn't on the top of my head.

>> No.17626950

>>17626847
It's based off general intelligence advantages and strategies. Sort of an inverse on algos in the market now.

>> No.17626955

What do you people drink while trading?

Whiskey doing simulated trades, 39 cent energy drinks while doing it with real money.

>> No.17626963

>>17626903
The American system has dealt easily with a lot of turmoil in its history, but what makes today unique is that both sides of the discontented see big government as the solution. Historically, this has not been the case. The battle was as much geographical as it was ideological, with Southern and former frontier states opting for less government due to their development and environmental circumstances.

>> No.17626970

>>17626955
>not exclusively trading with a morning IPA and wearing ray bans
It’s like you guys don’t even want to reach peak douchebag for the meme magic gains

>> No.17626993
File: 47 KB, 624x659, Bernie Savior of the Universe.jpg [View same] [iqdb] [saucenao] [google]
17626993

I know things look bad but we've sold off quite a bit and the warmer weather season is coming. I think we bottom this week and then crab for a month or two and the bull shows up again.

No bear fest. No recession. No depression. No collapse.

>> No.17626996

>>17626963
That’s another element for sure, but the game changer is social media and data driven design, especially in multimedia. They operate together to create a hall of mirrors constantly reflecting, accelerating, and validating your beliefs, thereby hypernormalizing societal extremes at a rate exponentially higher than anything we’ve seen before.

>> No.17626997

>>17626750
>dip tip, question is if it has finished dippi
RCL is boing bankrupt. They will be forced to halt business for 3-6 months and probably receive tons of lawsuits.
Why do you think Adam Goldstein just resigned?

>> No.17627009

I got an Asian woman and her younger sister pregnant at the same time. 23 and 19 respectively. They know my real name and where I live. They just found out today that their baby daddy's are the same man.

Basically I am fucked. However I feel a strange pressure to succeed really hard and care for both of my future children. Like my fucking dick who got me into this mess is trying to convince me to wife both info them at the same time (somehow) and create a huge family

>> No.17627012

>>17626963
I just want the poz to stop and, if even possible, reverse. But that's too much to ask apparently.

>> No.17627027

>>17626997
Yeah the cruises are fucked.

If they had 2 brain cells they would have been at the forefront of working with coronavirus diagnostics and testing. It's actually a good environment if you keep coronavirus out.

Flatflooted and small brains

>> No.17627031

>>17626894
key to oil will be the end of the month. I personally think Russia is bluffing, if they can't agree to production limits oil goes to 30/barrel, that is a big haircut for Rozneft, Gasprom,et al especially since an economic slowdown will greatly reduce demand.
The argument Im hearing is that Russian is banking on pushing US shale producers out of business thus decreasing supply since shale loses cost effectiveness at around 40 and taking the a short term pain for long term gain approach and I reject that argument. I see it more as a bluff. They tried this is the past and failed and the production methods have gotten much more efficient.
Its a fun play and not a yolo for me but a play I think could pan out. I will try to balance weight on both sides of key support and resistance when I think the timing is right.

>> No.17627033

>>17626963
>Historically, this has not been the case. The battle was as much geographical as it was ideological, with Southern and former frontier states opting for less government due to their development and environmental circumstances.

I disagree with this somewhat. As has been pointed out, the antebellum South had no problem calling for massive enforcement of the fugitive slave acts as it was simultaneously demanding states rights. It may ebb and flow, but there's always been some hypocrisy everywhere about which parts of the government different groups want to be big and which they want to be be small.

>> No.17627045

>>17627009
You better fucking pray that they get along with each other very well to even attempt sharing.

>> No.17627044

>>17627027
Was talking to my parents yesterday, and travel agencies are being hit hard as well since cruises and flights are where they make a lot of their money.

>> No.17627063

>>17627044
Well duh, anything human to human reliant is fucked. But that also means people will have money to burn during this and after.

all the trips out to eat, starbucks, movies, concerts, flights, events, etc is not just just blanked money, it just will go to other things or be saved.

Of course workers will be fucked but those small time workers aren't key to an economy and business will pick back up on the other side.

>> No.17627080

>>17627063
I know it might be a shocker, but a shut down in an economy like America is not that big of a deal compared to say medical essential manufacturing shut down in China/Korea/India.

The USA economy is different and will respond very differently. The usefulness of the average american worker is very different than say someone manufacturing goods

>> No.17627100
File: 2.17 MB, 1200x1818, 2365.png [View same] [iqdb] [saucenao] [google]
17627100

>>17626049
what >>17626924 said, avoid practice accounts. instead start with low amounts or IRL money that you can afford to lose. but don't actually sell them (meaning you have no access to the money but can actually reclaim it in a year when the stock has hopefully recovered).

sitting with a practice account can be very draining for morale and you'll not know when you're ready to invest for real.

put money in several stocks. start with those that give 3% yield in dividends, that way it'll feel better when you make back some money in case the stock drops

>> No.17627105

These threads are so comfy on the weekends.
>>17626955
High on caffeine when it's time to make my daily trades. Don't think about your open positions when the drawback kicks in, though. It makes you very emotional.

>> No.17627109

>>17627080
The bigger thing will be oil prices I guess, that's a more exposed part of american economy to these headwinds.

local small businesses that provide some cupcake shop is not a big deal to lose or gain. They are not engines.

>> No.17627122

>>17626996
If anything, I think that the internet offers a revitalization of the American spirit. It is a new frontier filled with unexplored territory. Back in the 1890s, Teddy Roosevelt and others lamented that the end of the territorial expansion of the US westward meant the death of that spirit. In terms of extremist views, the US was a White Supremacist state through and through - just look at the Indian wars and slavery. Funnily enough it is only leftwing views that seem to falter online. You don't see a lot of big forums dedicated to discussing critical or Marxist theory. In fact, all the prominent far left figures on the internet play the game almost entirely in the framework set by the far right.

>>17627012
Let the stupid people do stupid things. It's natural selection at work.

>>17627033
That's true. Federal troops were very welcome by the settlers when they had to deal with the Indians. But when it came to banking centralization, the "traditionalists" were very much against it, on the basis of principle.

>> No.17627124

>>17626694
got it, thanks lad

>> No.17627141

>>17626950
tell more anon

>> No.17627149

>>17627141
That's more than enough.

Low Data Points required
Lots of thinking time required

It would help to understand ML and Intelligence in general if trying to do such a strategy.

>> No.17627155
File: 130 KB, 635x628, 87654.png [View same] [iqdb] [saucenao] [google]
17627155

>>17626997
>>17627027
i wonder, this time by next year it'll probably be normal demand for cruises so as long as they hold out they could recover

>> No.17627188

>>17626993
With Coronachan running around killing off all the boomers and normies who didnt prepare the bear market has only just begun. Well be in the red another 2 months at this rate.

>> No.17627199

>>17627080
yeah, in us worker is expected to show up for work and be around so it seems he's working long hours, but not doing anything really. Most of the actual work is done in other countries around the world. Americans are great salesmen though, so yeah, I agree that nothing significant would happen anon

>> No.17627208

bought tqqq calls during the dump yesterday on the anticipation that we'll get a fed-induced bounce monday. Gonna buy more sqqq calls when it does

>> No.17627210

>>17627149
what the fuck do you mean with intelligence, do you need to be a psychiatrist to understand it


>ML
so you meant artificial intelligence? i understand that, shoot

>> No.17627218

I bought a ton of american airline stock. There's literally no way for me to lose, right?

>> No.17627219

>>17627199
Well yeah, and if you have a google employee working from home for 6 weeks they might actually be more productive.

>> No.17627222

>>17627155
They will be around 2-3 years from now.
RCL might change name and branding or try to merge with another company. If the Virus is like the Spanish flu, It may return in christmas again.

>> No.17627233

>>17627122
My friend you don’t take the argument.
>Focus test movie
>We like the guy with the gun who hates economic inequality
>Put more scenes of guy with gun in
>Movie sells
>People go online to find “good company” of people that like guy with gun
>Focus test new movie
>Even more people like guy with gun now
>Rinse, repeat, boom bust cycle but most importantly, with long term growth toward some unknowable goal, just like every other market of ideas

Bland example without a lot of academic reference because it’s early and fuck you, either you get it or you don’t. Anyway this is happening faster the better data driven design gets, and will continue to accelerate until it the practice becomes indistinguishable from sociophysics. It’s a runaway nightmare tragedy of the commons where nobody is individually doing anything wrong, and as a matter of fact very few people even realize what they’re doing at scale, but it is obscenely dangerous.

>> No.17627239

>>17627031
Agreed. Pretty sure it's headed to 30's and possibly 20's if the markets do another serious leg down. With Russia and the + countries of opec+ pumping "at will" there's little reason for the price to stabilize at current level with demand being so low due to winnie flu. Ramp back up to pre-flu demand will take several months minimum. Oversupply in the interim is a certainty without an agreed output limit.

>> No.17627246
File: 169 KB, 1024x683, Airplane-Graveyard-Bangkok-–-A-Complete-Guide-1.jpg [View same] [iqdb] [saucenao] [google]
17627246

>>17627218
Should be fine.

>> No.17627260

>>17627149
omg another larper..please, stop the ML meme. It's great when you wan't to recognise licence plate but not when you wan't to detect bart head in the graph. There are tons of firms using it for trading, I'm sure, but I'd say it's not possible for average joe to train the model in his mamas basement and gain some significant edge from it

>> No.17627266

The whole point of having balls is doing things when majority of people think you shouldn't do them.
That is how you time the market and get rich. When majority here think it is the time, it is always too late.

>> No.17627293

>>17627260
:^)

I don't use ML to beat market. I'm saying I use understanding of ML to beat market. Jesus.

You use ML as something to INVERSE the strategical liabilities of. AKA taking an opposite position to narrow strategies.

>> No.17627309

>>17627266
>That is how you time the market and get rich.
Or fuckup and lose big. More risky trades more opportunity to experience the downside of that risk.

>> No.17627311

>>17627208
I dropped all my SPXU and SQQQ yesterday and think TQQQ might soon be the way to go. At some point the buying will start again and the "irrational longer than you can stay insolvent" quotes will be flying around as somehow worse and worse virus/political/economic news pumps the market. The media will look back and write it off as "it was crazy how cheap everything was! That was just an overreaction!"

>> No.17627316

>>17627260
I would say its possible to train one on your own, training on time series data is not expensive and the data is available, but it shouldnt give you any advantage as this information is available to all and thus its already priced in

If you would find a novel combination of not yet leveraged datapoints then maybe it could give an edge

>> No.17627320

>>17627260
im trying to learn how to do ML and whatnot so i can create historical level 2 data among historical greek values and find whatever patterns it can. there's always some fool ass fool that isn't as informed as me and i want to take exploit that person.

>> No.17627365

>>17627233
I get what you mean, but I don't think it's that impactful. The tendency to like the guy with the gun and the associated view was already there in the population. If anything, it will lead to the exhaustion of the underlying ideological view faster.

>> No.17627406

>>17627320
it's great idea, if you can execute on it - do it. Worst case you learn some ML. I just really can't see how this fool ass makes some kind of pattern. Pattern should repeat by definition. If you're looking for those niggas you should look elsewhere i guess. I still think it's much easier to try and spot the big players, as it's much harder for them to hide and they will eventually go and take advantage of the ppl you wan't to exploit, so you can just follow them. I quite like the orderflow meme, but unfortunately don't have time for it as I do position trades mostly (wagecuck)

>> No.17627433
File: 211 KB, 750x1000, logansrun.jpg [View same] [iqdb] [saucenao] [google]
17627433

>>17624677
its a good thing

>> No.17627471

1247 new cases, 36 new deaths in Italy.
https://mobile.twitter.com/BNODesk?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

>> No.17627478

>>17627471
Mama mia!

>> No.17627479
File: 30 KB, 290x346, 1579111472062.jpg [View same] [iqdb] [saucenao] [google]
17627479

>>17626510
> healthy individuals are piling up around them
Where? I thought we are having younger generations more heavily medicated and fed new age bullshit to make them unhealthy and miserable human beings. I thought betas just follow the herd after all.

>> No.17627501

>>17626019
No joke, I saw a bunch of Africans on twitter celebrating about how they're going to be safe while this virus btfo's Whitey.
I'd be smug about it, if it wasn't for the fact that they'd all start mobilising towards Europe when it kicks off on their continent.

>> No.17627503

>>17624504
Fuck communism
Can't forget that

>> No.17627505

>>17627471
did you know, patient zero in italy was a refugee which was tested positive and then let go home, from which he proceeded to deliver food to people

>> No.17627514

>>17625616
>a disease less deadly than the flu is going to get things real bad
Yeah sure if you are retarded. The worst part than the virus itself is all the gross reaction to it.

>> No.17627546

>>17626542
I like how a few weeks before the market started dumping, every day there would be a shitpost where an anon would do a fake announcement that would include the phrase "Cash is trash" and everyone would say "based". Now everyone's like "Man feels cozy to be all cash right now". This board is retarded.

>> No.17627556
File: 178 KB, 1185x741, 2020-03-07_9-15-03.jpg [View same] [iqdb] [saucenao] [google]
17627556

Cuomo (governor of NY) live https://twitter.com/NYGovCuomo/status/1236336781248704513

>If you do not comply with the voluntary quarantine, there are other measures we will take. So please, comply with the voluntary quarantine

He's also calling out CDC for being slow and hindering the efforts of local cities

21 new cases in NY, it's out of control
Amtrak trains being cancelled due to lack of demand
WA in crisis mode
OR spreading fast

Over new 100 cases in US just YESTERDAY. This is only beginning

>> No.17627560
File: 39 KB, 762x395, inforfinally.png [View same] [iqdb] [saucenao] [google]
17627560

Do you lie to your brokerage?

I applied for an interactive brokers account. I don't have 50k in cash, but I want to trade options. SO I lied.

Is this normal here? Lots of you seem to trade options and I doubt most of you have this much liquid assets. I have like 27k in cash right now.

>> No.17627579
File: 586 KB, 1900x1100, 341.jpg [View same] [iqdb] [saucenao] [google]
17627579

>>17627505
how can they reliably know this?

seeing how the virus can survive at least 5 days on surfaces i don't know how it can be tracked at all. it's just guesses.

>> No.17627582

>>17627514
>less deadly
you are a bonafide retard if you think a Virus with a lethality rate of 3.8% is less deadly than the flu, the only thing the Flu has on Corona is being so common, and right now noone is doing anything to prevent Corona from becoming just as widespread- but deadlier, than the Flu.

>> No.17627599

>>17627505
Okay boomer

>> No.17627600

>>17627514
>less deadly than the flu
Higher rate of infection.
Higher mortality rate (subject to change).
Has already mutated (at least 2 variants widely reported on; some sources claim up to 19 strains).
This is still an unknown, and potentially a very dangerous one. At the very least, it's all about perception, and this is perceived as a serious threat. Go push your "just a flu bro" shit on twitter.

>> No.17627607

>>17627560
doubt they'll verify how much net worth you have (how even?), at best they just ask where the source of your wealth is coming from due to regulations, that's it.

>> No.17627618

>>17627607
Yeah I don't see how they even could verify everything. All else fails if they find out I'm lying they will just deny my account application.

>> No.17627620

>>17627579
I dont know, im also sceptical if he really were patient zero, the first case in italy, they certainly wouldnt just let him go home would they

Then again, in my area we dont have any cases, but a few towns away a school class got back from a trip to tirol (high risk area) and they just let them all go home for quarantine, i doubt the parents stop going to work, so the parents can just fucking spread it everywhere

>> No.17627633

>>17627505
pretty sure patient Zero in Italy is still unaccounted for.

>> No.17627637

>>17626993
>Warm weather
What about iran?

>> No.17627644

>>17627633
Isn't that they that was delivering food while supposed to be on self quarantine?

>> No.17627646

>>17627560
thats weird lad, I know for a fact that 10k+ is enough to trade options, I helped two people to setup accounts this year and it was ok. Both had 15k USD initial deposit and they can trade. It was ib.co.uk tho, so maybe it might differ? You should be fine, nevertheless

>> No.17627648

>>17627600
not to mention the long term effects and complications of the Virus are still unknown because it's FUCKING NEW.
What little we know is that it causes lung scarring and infertility in some people, which is bad enough, but there is still no knowledge of effects on life expectancy or if you can actually get rid of the Virus at all, for all we know people stay contagious forever.

>> No.17627657

>>17627637
It's winter in Iran, they are above the equator.

>> No.17627658
File: 464 KB, 850x1092, 6522.png [View same] [iqdb] [saucenao] [google]
17627658

>>17627620
i think most people don't take corona seriously.
preventing spreading should be top priority, all starts with realizing you yourself might be infected without even knowing.
even if YOU survive it'll suck if your parents or children die just because you (or someone else your age) was careless.

>> No.17627659
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17627659

>>17627556
Oh jeez, even more now

>> No.17627667

>>17627646
It is a IB lite account if that makes a difference. Regardless I would think their standard accounts have even more strict requirements.

>> No.17627668

>>17627637
Iran isn't that hot right now, but Singapore is and has been in the 80s/90s (30s C)

>> No.17627681
File: 255 KB, 430x430, 1581551262144.png [View same] [iqdb] [saucenao] [google]
17627681

>>17627648
Yup, lots of scary shit coming out about this. If even half of it is true, well, fuck.

>> No.17627685
File: 38 KB, 550x550, flat,550x550,075,f.u1.jpg [View same] [iqdb] [saucenao] [google]
17627685

>>17627514

>> No.17627720

>>17627644
>>17627505
https://apnews.com/afs:Content:8622170027

seems to be false, however they dont deny that the man was let go and continued to deliver food, needs to be fucking put up for manslaughter

>> No.17627723

>>17626993
>No bear fest. No recession. No depression. No collapse.
if you only knew how chinked things really are.

>> No.17627727

>>17627560
i lied to mine

maybe if you try and cash out loads they might ask for some documents?

>> No.17627752

>>17627720
But in that case what is the difference. Like let's say patient zero infected one person (chinese delivery guy), then delivery guy infects 100 people. Patient zero isn't important.

>> No.17627756

>>17627658
You realise how easy it is to find these pictures through tags, right?
All that effort does nothing except make people slightly curious enough to find the original picture.
2 minutes effort, maybe less.

>> No.17627763

>>17627659
Does anyone else see this as bullish?
We're gonna have a huge rally Monday, maybe a new ATH.

>> No.17627772

>>17627727
>i lied to mine
I lied to scott trade account many years ago and got approved for everything. Ended up losing money in Israeli penny stocks...lol

>> No.17627796

>>17627756
He's just posting his homemade fap material, anon

>> No.17627799
File: 36 KB, 586x310, 2020-03-07_9-41-03.jpg [View same] [iqdb] [saucenao] [google]
17627799

>> No.17627816

>>17627556
Monday will be fun

>> No.17627818

>>17627799
>I believe
is this guy playing 5d chess or just slow?

>> No.17627821

>>17627796
Fair enough. Whatever makes him coom in these trying times.
>>17627763
How do you figure?

>> No.17627836

>>17627818

He’s a media personality. He bears a lot more accountability to his remarks than your average twitter Joe.

>> No.17627837

>>17627818
He wanted to type that the American stock market is being manipulated by the FED.

>> No.17627841

>>17627763
Everything in my body says no, this is not bullish.

>> No.17627851

>>17627837
Is there any government that is not trying to keep it crashing?

>> No.17627852

>>17627837
isn't it pretty openly doing that?

>> No.17627861

>>17627851
*keep it from crashing

>> No.17627863
File: 179 KB, 588x1165, 2020-03-07_9-47-08.jpg [View same] [iqdb] [saucenao] [google]
17627863

https://docs.google.com/document/d/1oPL0-Q9lIMm-dWouTqEpCHQeNvUQRzjSzzFCxpg16NU

>> No.17627888 [DELETED] 
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17627888

>>17627796
>>17627821
it's just for fun, i didn't make them. but it's funny some people are into it.

>>17627560
the investor restrictions in the us are weird.

can't allow poor people to try to get ahead in the world! instead keep playing the lottery, i'm sure you'll hit the 100 million jackpot next time.

>> No.17627889

>>17627556
anybody with half a brain knew the case count was going to go exponential once testing spun up
the real question is that even if a totally uncontrolled outbreak can be avoided, what does the damage to western service economies look like when everyone is self-isolating (bad) and will this propagate to a full recession due to knockon effects to financial markets and credit (probably)

>> No.17627896

>>17627889
it will be fine.
US stocks always go up in the long run

>> No.17627897

>>17627863
BTW the conference SNSS was gonna present their data at also got cancelled so we can expect the data to either come at their EPS or have them hold off until later in the month... but I doubt they'll hold it for long since they promised it before March 31st

>> No.17627925
File: 1.01 MB, 1504x2160, x7.jpg [View same] [iqdb] [saucenao] [google]
17627925

>>17624612
Why post these black boxes and not cute anime fluff?

>> No.17627926

>>17627889
Service economies taking a huge hit at the same time that the world's manufacturing hub goes into standby mode.
Airlines and tourism are getting chunked.
Concerts, expos, conferences.
Universities and businesses that rely on their drones being in their seats.
If this isn't brought under control immediately, a global recession is all but guaranteed. Fuck, it's probably already too late.

>> No.17627974
File: 28 KB, 588x261, 2020-03-07_9-59-23.jpg [View same] [iqdb] [saucenao] [google]
17627974

B-BUT MUH WARM WEATHER NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.17627976

>>17627926
So, what industries would be left? Power is probably one.

>> No.17627978

>>17627926
it is too late. US didn't have sufficient outbreak controls in place, which is why we're seeing infections pop up all over the country.

for every infection you see in the news, think about the fact that person had 14-24 days (depending on strain) to infect others without any knowledge they were doing so.

>> No.17627993

>>17626719
>>17626950
>>17627293
>The next idiot who was beating the market by a factor of 80x and comes crashing down in two weeks
Wonderful

>> No.17627996

what makes the coronavirus so different from any of the other past "pandemics" that have occurred? did we not have doomers back then like we do now or something?

>> No.17628000

>>17627976
Healthcare, biotech maybe... but I surmise that these companies will suffer just the same from 1) not having enough employees to cover #2, the eventual hyper-demand of their services/products

>> No.17628006

>>17627978
I don't think any country has sufficient outbreak control on this. I don't think you even can without going full china.

>> No.17628008
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17628008

>>17627925
it's new

>> No.17628023

So do we really think there will be a recession? The economy isn't propped up on bad debt anymore really like it was in '08. Student loan debt can't be defaulted on and auto loans are not nearly substantial enough to crash the economy. I guess zombie corporations going bankrupt could blow everything up but it won't be as bad as '08, it's just not possible.

>> No.17628029

>>17628000
Nice digits.

>> No.17628037

>>17628008
This is the gayest most pathetic shit I've ever seen.

>> No.17628044
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17628044

>>17628008
Seems like someone has a low self esteem desu.

>> No.17628067
File: 325 KB, 850x990, 6.png [View same] [iqdb] [saucenao] [google]
17628067

>>17628037
no you!

>> No.17628068

Cuomo sounded like he'll try to contain the virus

>> No.17628073
File: 13 KB, 399x400, tired.jpg [View same] [iqdb] [saucenao] [google]
17628073

>>17628023
really?

>> No.17628075

>>17628044
this is hot
post moar

>> No.17628079

>>17628023

No, but shit will remain fucked either until the virus flatlines or a vaccine starts rolling out.

>> No.17628086
File: 500 KB, 846x1200, 3728.jpg [View same] [iqdb] [saucenao] [google]
17628086

>>17628075

>> No.17628093

>>17627974
>The statement said the 12 will be transferred to isolation in a hospital on Egypt’s north coast. The passengers — who include Americans, French and other nationalities — and the crew will remain quarantined on the ship awaiting further test results.
It's still clear at this point that this virus, as with most respiratory pathogens does better in cold climates.
It doesn't mean you cant catch it, it just doesnt survive as well outside of the body. On a cruise ship with closed quarters and many passengers interacting in close proximity, it is more easily transmitted.
The truth is, a record breaking hot summer might be just what we need, which is why I have left my car engine running for then last 2 weeks.
In the end only global warming can save us now.
Greta did this.

>> No.17628100
File: 24 KB, 576x446, 87784161_10221761508689184_4359401353152299008_n.jpg [View same] [iqdb] [saucenao] [google]
17628100

>>17624677
Welp, better change my major to political science, scrub my presence from the internet and expunge all my criminal history. Looks like some government positions gonna be opening up.

>> No.17628105

>>17624549
>The U.S. has the world's highest coronavirus death rate at more than 5% - a number that reflects the country's lack of testing
Its because we tried to ignore it; We probably a have a metric fuck load more "mildly" infected but the only people we are IDing are the boomers who have already dropped dead from this

>> No.17628116

>>17628023
recessions dont occur solely because of financial crises

>> No.17628132
File: 883 KB, 1504x2160, M6 (1).jpg [View same] [iqdb] [saucenao] [google]
17628132

>>17628023
Its possible.
Few saw 2008 coming because "it was not possible" and even a small event might have major consequences. 7 million Americans are late on car payments (Jan. 2019) for example, slowing growth in Europe and Japan (lol) could trigger much worse things.

>>17628075
Suspicious Maid
10ch. out

>> No.17628135

>>17628116
Without a crisis, however, recessions tend to be pretty mild.

>> No.17628146

>>17626177
I would not bank on this being the same. Company fundamentals are mostly fine, I suspect a -30% overall and a quick recovery of about 20% in Q4. Summer will cause cases to drop off the map, but if could come back next winter.

>> No.17628161

>>17627978
3-24 days. Longer than 14 days are likely extreme outliers.

>> No.17628182

>>17627996
I think it's strong yet stealthy contagiousness plays a major factor. SARS you had to be in very close contact with someone, Ebola is spread through blood or fecal matter IIRC. You can theoretically get nCov from just touching cash (and then your mouth, nose, eyes) that an infected person has breathed on in the last 24-48 hours

>>17628023
Definitely will be a recession. The economy *is* still propped up on debt just not subprime mortgages. Banks are leveraged to the gills thanks to QE from the FED, consumer CC debt is at ATH, combine those with student loans, auto loans equals a massively over-leveraged economy where defaults are certainly possible (if not probable) and the consequent chain reactions are unpredictable

>> No.17628183

>>17625158
That's certainly why they're being hit so hard. The question is which country do I want my sugar momma Euro babe wife who just inherited her father's biscuit fortune to hail from anons? Which European country has the best women and biscuits?

>> No.17628186
File: 1.03 MB, 1903x1320, 56.jpg [View same] [iqdb] [saucenao] [google]
17628186

>>17628100

>> No.17628190

main thing about shit like nCoV is that i don't really care about a recession or global economic slowdown for awhile, it's the doomers saying THIS IS IT THIS IS THE END OF SOCIETY AS WE KNOW IT EVERYTHING IS FUCKED! that annoy me. as long as the stock market exists i can make money whether it goes up or down, as long as i can still buy groceries and whatnot, even if they're more expensive for awhile, im happy. just no end of the world please.

>> No.17628191

>>17628023
If enough business owners see demand dropping (or supply interrupted) then they will lay people off. We are a consumer-driven economy. So yes, a forward-looking stock-market sell-off can be a sort of self-fulfilling action /create recession (2 quarters decline GDP).

>> No.17628199

>>17624677
Fucking dirty kikes, always poisoning the wells and killing goyim.
I bet they'll remember the 6 million killed by the white man's Coronavirus decades from now.

>> No.17628213

>>17628161
Point being these people had multiple days to infect others. How many places to people go in the span of 3 days?
>inb4 i don't go anywhere
the rest of America isn't like us autists on /biz/ who stay indoors and don't commune among others.

>> No.17628214

>>17628146
I agree with you regarding the market, but not the virus; it is not related to the "regular flu" and does not seem so affected by warmer weather (look at Iran or Singapore). Fundamentals can change in a few months if consumers get scared enough, no? That said, it is funny because the biggest issue really is fear, not the virus itself.

>> No.17628238

>>17628182
>>17628023
The thing I find interesting is: whatever happened to the "student loan bubble"? --take into account too many graduates hold junior positions, work part time, and some are still even stuck in retail and starbucks-type jobs.
>retail and restaurants
What will be among the hardest-hit businesses if the virus becomes widespread?
What businesses have begun to default in China?

>> No.17628263

>>17628190
It's not the end of society but if don't think nCov will have majorly disastrous effects on society, you're not paying attention.
What's especially haunting is the fact you can get reinfected combined with the belief (held by a number of virologists) that a vaccine is near impossible. Essentially making nCov another influenza but with bigger fangs (i.e. you could get it every year, it won't ever truly be eradicated). A depopulationist's wet dream

>> No.17628284

>>17628238
exactly this. How many student loans will go into default because boomers will stop eating out or shopping in brick-and-mortar stores? What are the unintended consequences of say 30% of student debt goes into default?

>> No.17628291

>>17628263
>>17628190
I seriously wish a few people from the time of Spanish Flu were still alive to be honest; I think they would given a valuable perspective on this. Honestly watching the Government derp into the same mistakes Wilson did without any war as an excuse is pretty infuriating to watch.

>> No.17628303

>>17628190
Why don't you want society to collapse? Have you taken a good look at it lately? Faggot.

>> No.17628311

>Only non-producers will die off
Does anyone feel like this could have a long-term positive impact on the economy?

>> No.17628315

>>17628303
society collapse isn't comfy. im not the type to eat squirrel and shit in a hole in the ground, if society dies i die with it, sooooo...

>> No.17628320

Trying to think of cheapy options plays for Monday, hopefully volatility goes down for a day before shit crashes again, would mind a few slightly green days. Almost 100 new cases in the us in the past two days. Monday will be interesting.

>> No.17628332

I see much more fear in forums filled with passive investors, could be happening soon guys.

>> No.17628349

>>17628315
Anon, its just like camping only for real.

Who here /out/ ?

>> No.17628405

>>17628214
Viruses are generally weak against sudden, high temperature, which is why you get a fever. It also makes it harder for them to survive outside the body. And yes, fear is a major driver. At this point the fear has caused huge Q1/2 losses and for come companies even Q3/4. Once people become complacent with the fear, things will start going back to normal, I expect in April or May people will get tired of being scared.

>> No.17628413

>>17628023
>The economy isn't propped up on bad debt anymore really like it was in '08.
wat

>> No.17628448
File: 235 KB, 1280x720, 1445572302660.jpg [View same] [iqdb] [saucenao] [google]
17628448

>>17628291

>> No.17628457
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17628457

>>17625402
Let me summarize your rant
>Most people are average
The place people won't face this reality is in the US which is ironic as fuck considering that the population is probably the most average of anywhere on Earth excluding bodyweight. In most countries a C in college is considered a good grade. In the US, if everyone isn't actively being told that they're the best and most special of all they lose their shit. This is a relatively new phenomenon. Hence, the boomers phrase "snowflake." Entirely unique and wholly fragile. The sooner someone gets it through their heads that they are average the sooner they can strive for true excellence. All this PC bullshit born of the 60's and implemented in the late 80's until now has fucking kneecapped an entire generation's personality hardiness. A side-effect of this fucking nonsense is now you have legions of extremely average people that are looking for ways to prove themselves special with nothing about them that makes them special. And because they grew up being told they were special they are lazy about it so they are not willing to work toward anything that's truly special. People with no real personality are clinging desperately to things like politics or gender or race because deep down they can't come to terms with the fact that they are not special at all. They are completely normal just like everyone else. And so they make their shitty music and fan fictions and paintings with no real vigor waiting for someone to come along and throw a shitload of money at them and make them famous even though they have no real talent. And it will never happen because the people that have that money and can give them fame are the ones that worked for what they have. It's like everyone in the US has emotionally become that white dude in those 90s movies that doesn't has a job, sells weed out of his mother's house and is waiting for his mixtape to blow up. If you're lazy about your work you'll be lazy about your passion.

>> No.17628460

>>17628037
Seconding this. Another fad is born.

>> No.17628504

>>17628460
Back in my day, we called them Forced Memes.

>> No.17628531
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17628531

>>17628448

>> No.17628542

>>17628504
It's not even a meme.
It's beta cuck fantasy,

>> No.17628578

>>17628542
It's just a fetish.
For some reason it seeps through into other boards/topics, unlike most other fetishes that stay contained in porn boards and related boorus.

>> No.17628583

>>17628291
Same.

Were people as fucking obtuse and flippant about the situation before it got out of control?

>> No.17628668

>>17626920
>each of your balls
That doesn’t sound right

Please don’t hurt yourself my man!

>> No.17628708

>>17628661
>>17628661
>>17628661
new
>>17628661
>>17628661
>>17628661

>> No.17628712

>>17628448
>long night of partying.. woke up with jims foot in my crack lol #trenchfoot

>> No.17628758

>>17626239
no safe haven

>> No.17628838

>>17627560
When I was approved by Schwab I was indirectly told that it didn't matter. I wasn't expecting to be asked and so I just started doing rough estimates in my head and basically got to a figure that was like "eh ok sounds good, now on to the next thing". Was sort of funny in the moment.

>> No.17628941

>>17628457
>All this PC bullshit born of the 60's and implemented in the late 80's until now has fucking kneecapped an entire generation's personality hardiness.

Totally wrong. A bunch of seriously mixed up tropes. I'm an oldfag, PC bullshit didn't become a thing until ca. 2010.

Your rant reads exactly like someone who gets everything they know from self-selected internet sources and never read a book by an expert about the subject.