/biz/ - Business & Finance

[Anonymous No.18611726]

SPY is hitting limit down tomorrow. Be ready.

[Anonymous No.18612161]

spy number go down

[Anonymous No.18612186]

thanks, just sold 100k

[Anonymous No.18612209]

>>18612186

[Anonymous No.18612277]

dont get hit

[Anonymous No.18612287]

What makes you think this

[Anonymous No.18612373]

>>18611726
Lol.
>next week bloody red
>tomorrow next leg down
>gonna roll over any second now this is really the sell off!!!
I can't change your mind so I'll just laugh at you.

[Anonymous No.18612549]

>>18611726
my dick is hitting limit up right now

[Anonymous No.18612677]

>>18611726
>futures up

[Anonymous No.18612710]

>>18611726
TQQQ buy order locked and loaded!

[Anonymous No.18612814]

seems unlikely

[Anonymous No.18612825]

>>18611726
Futures are up, and the market ripple from Monday was a few futures traders who didn't understand that the contract clearly states they actually have to be able to TAKE DELIVERY if they're going to speculate in oil.

No one's buying your doomsaying bobo, your puts are going kaput tomorrow.

[Anonymous No.18612831]

Ready to buy n sell high again, that past three weeks pump was fucking magnificent

[Anonymous No.18612840]

>>18611726
If ID is red we going to new lows this week

[Anonymous No.18612846]

>>18611726
"limit down" is relevant for futures you fucking retard

[Anonymous No.18612909]

Another stimulus confirmed and negative oil futures was a nothingburger. Hope you loaded up on TQQQ during today's correction.

[Anonymous No.18612941]

>>18611726
futures are up dummy

[Anonymous No.18612998]

>>18612941
werent they up last night too?
10yr treasury note is way down, I think this might be the big one.. market was kind of fucking weird today like it didn't know what the fuck to do
tomorrow I can only expect more weirdness
when does the actual sell off come? what the fuck is it gonna take?

[Anonymous No.18613021]

>>18612998
The sell off came. It ended 23 march. Deal with it

[Anonymous No.18613065]

>>18612998
there's many other strategies than one directional trades, if it doesn't crash you can still make big money

[Anonymous No.18613122]

>>18613065
How?!

[Anonymous No.18613145]

>>18613122
literally and unironically do your research

[Anonymous No.18613228]

If ID is green all bulls kys themselves tomorrow

[Anonymous No.18613250]

>>18613228
kill yourself themselves?

[Anonymous No.18613282]

>>18611726
We are heading back to ath you dumb dumb, then the real crash comes.

[Anonymous No.18613333]

>>18613282
I’m with you.

[Anonymous No.18613434]

>>18613021
Then a recession or depression is still up for a happenong if the past is any indicator U.S. recessions and depression are anything to go by.

[Anonymous No.18613537]

>>18613282
dude if this habbens am a millionaire

[Anonymous No.18613569]

>>18612825
June oil: 50% down
AUGUST oil: 30% down
Shale industry employs 10 million people
147% spike in mortgage forbearance this quarter
DJIA trading a mere 20% off ATH

[Anonymous No.18613589]

>>18613569
who cares?

[Anonymous No.18613599]

>>18611726
>Futures are totally flat
Knocked it out of the park once again, /biz/.

[Anonymous No.18613637]

>>18611726

[Anonymous No.18613666]

>>18613569
June oil contracts will probably hit 0 or negative again, Good luck getting oil delivered when there's *still* no place to store it. SPY isn't going to mega tank though; not with the FED buying up literally everything.

[Anonymous No.18613667]

>>18613250
Hello new friend

[Anonymous No.18613725]

>>18613666
Hey.

Sorry, but you don't know what you're talking about.

[Anonymous No.18613736]

>>18613666
Nah it’s a bluff by the fed, they needed to pump the markets so dumb money could buy the bags of smart money. The proof is in the pudding, how many normies are getting into stocks?

Normies only get in to get fucked, no exceptions.

[Anonymous No.18613744]

>>18613725
June contracts are very likely to go to 0, unless Oil companies put plugs in their wells

[Anonymous No.18613755]

>>18612909
>Another stimulus confirmed
link?

[Anonymous No.18613756]

>>18613744
We'll be fully open by 15 May.

[Anonymous No.18613791]

>>18613756
Assume you are not wrong it's very unlikely that will get rid of the surplus for June's contracts, Maybe July.

Assume you are wrong, oil plummets for longer.

This is too risky of a stance to hold on oil.

[Anonymous No.18613798]

>>18613756
Are you really that retarded? Nobody cares about reopening anymore. The demand for oil isn't there. Airlines wont use shit, production still halting and until the world is through the oversupply of oil it takes months if not years.

Btw check out singapore... reopening worked really great for them. :)

[Anonymous No.18613804]

>>18613756
Not likely, china lockdown 76 days, fucking China!

[Anonymous No.18613822]

>>18613798
>reopening worked really great for them.
I never claimed it would be smooth or work well.

It will happen.

[Anonymous No.18613867]

>>18613822
Just showing us the future, they fucking enhanced lockdown until 1st June. But you seem to retarded to Look beyond your long plays.

[Anonymous No.18613988]

>>18613867
The entire state of Georgia opens Friday.

Florida is mostly open.

[Anonymous No.18614014]

>>18613988
>Florida is mostly open.
I live in florida and you are dead fucking wrong. Tampa actually had a curfew a couple days ago

[Anonymous No.18614027]

You realize FED has unlimited money to buy the dip right? I'm longing. Look at the chart. We hit bottom 4 weeks ago.

[Anonymous No.18614036]

>>18614014
We’ll drink mumu tears tomorrow and hear the lamentations of their cow women.

[Anonymous No.18614055]

>>18614027
No one is letting Powell turn us into Venezuela you’re delusional

[Anonymous No.18614064]

>>18613537
same

[Anonymous No.18614073]

>>18614036
>We’ll drink mumu tears tomorrow and hear the lamentations of their cow women.
Give it at last another week or so.

[Anonymous No.18614094]

>>18614055
Powell actually said he doesnt care abotu the long term ramifications of what he's doing

[Anonymous No.18614111]

>>18613736
Worse, the FED is socializing losses. The normie robinhood investors get eaten by everyone, but that's nothing new.
>>18613756
Re-opening is basically telling workers to go fuck themselves, because the rich need slaves. The protests don't seem to be organic, and are more reminiscent of the BLM protests than people actually wanting to go back to their shit jobs and messed up lives.
Obviously people can't stay locked up forever, but putting others at risk just so they can wage cuck is boomer-tier Catch 22.
>>18614055
desu we're already there, just don't know it yet. Q1 and Q2 earnings are going to be a shit for everything that isn't an Oil Tanker, Amazon, or Netflix. Amazon is now taking EBT. Even with the small business loans covering payroll, companies are going to downsize / lay off people because of a lack of demand, and pocket the difference. We're like 30 minutes in on a 2 hour movie.
We'll see more bailouts probably, and I fully expect those $2000 stimulus checks for 6 months to pass. as far as actually getting stuff / goods being available 6 months from now, who knows.

[Anonymous No.18614174]

>>18614111
>Re-opening is basically telling workers to go fuck themselves, because the rich need slaves.
Reopening actually saves jobes so it helps workers.

The only way this could be good for the poor is if the goverment does big spending that goes to poor people enough so that inflation wont fuck consumer buying index. PS Infact inflation is great for anybody with debt and fucks the banka

[Anonymous No.18614242]

>>18614094
And I tell my rabbi I’ll stop whoring and boozing.

[Anonymous No.18614294]

>>18613798
>Nobody cares about reopening anymore
Bullshit. Neets and doomers don't represent everyone else. You ever think about how people need to pay for shit and as the lockdown goes on it's only going to cause more pain and anger to normies to a point where they will riot and pressure politicians even more?

>>18614111
>The protests don't seem to be organic
What do you mean? People protesting for the economy to open and stop takign away rights is inorganic?

[Anonymous No.18614312]

>>18613736
This. It's just so whales can exit.

[Anonymous No.18614316]

>>18614174
Normally I'd agree, but we're looking at nearly 2 quarters of bad / no demand, and the next one is still going to be diminished severely. Consumption patterns don't return to normal overnight, It's going to be a year or more before things are "normal" again. Most companies can't survive that kind of downturn without massive changes; like US energy sector jobs are going to be utterly wrecked from the impending shale bankruptcies / well closures until things are profitable again.
The poor get fucked either way, either by a lack of government aid, or just having no money. We haven't even touched on corona medical bills, an impending rent/mortgage crisis, or what happens when the 2nd wave hits.

[Anonymous No.18614374]

>>18613599
tfw called flat, but most motion has been happening in the next few hours anyway. We'll see what we wake up to.

[Anonymous No.18614454]

>>18614316
>or just having no money. We haven't even touched on corona medical bills, an impending rent/mortgage crisis, or what happens when the 2nd wave hits.
this is why government aid is literally the only thing stopping total collapse and they are pushing to reopen so quickly. They cannot (don't want to) pay all these people to stay home. worst part is Inflation is going to hit when people are staying home and goods/services are not being produced.

My point is quarantine hurts the average worker more than the 1%

[Anonymous No.18614526]

>>18614294
Yes, people want their lives to go back to normal. This is understandable. But it's not how the political right does things. right wing people also tend to be *extremely* lawful and respectful of order. Protesting is out of character for them.
When the protests are being organized by right-wing business interests (through shell fronts, as you do in the political game); it implies a whole host of things by those interests:
> We need to be making money again, and we'll give you money to work
> We don't care if you die, so long as money is being made.
> We need you to consume and make the economic engine function, because we can't survive unless you do
Even for our society, it's pretty shallow. there is *zero* altruism in these protests. The 5g anti-vax hillary-is-reptilians Q-boomer crowd is literally the right's version of the antifa communists; easy fodder to convince of anything.
>>18614454
I 100% agree... but if that's the case, why are bailouts mainly targeting the moneyed interests? You can argue it helps more people in a roundabout away (There's a fair argument to be made, for sure); but wouldn't direct help be mounds better than business bailouts, for the most affected people?
Inflation will hit either way, giving people money at least softens the blow a bit.

[Anonymous No.18614624]

>>18614526
>I 100% agree... but if that's the case, why are bailouts mainly targeting the moneyed interests?
here's the redpill inflation benefits anybody who gets the money (it is a method of wealth distribution via dilution), especially in economic crisis when asset prices plummet and you can gain an edge over your competitor. These quarantine bailout measures are hugely benefiting the rich compared to the middle class (seen by the overwhelming demand for SBA loans) . The only thing that poor people are getting is unemployment which still fucks over the middle class since it counts as a wage cut for them. especially in high Cost of Living places. Furthermore the more jobs that are lost the more downward pressure on wages there are moving forward,

This quarantine is the rich looting the country and is a gateway to economic disaster while the rich scoop up assets for cheap.

[Anonymous No.18614808]

>>18613569
Interested in the mortgage forbearance
Odds that we have another housing crisis?

And even if it's just the small guys that bite it this time, which companies are going to go tits up when they start foreclosing

[Anonymous No.18614853]

>>18614808
the unemployment stimulus covers housing costs + car payments (barely)

So we'll likely just see late payements unless unemployment fails or this lasts longer than expected

[Anonymous No.18615088]

>>18614111
>people actually wanting to go back to their shit jobs
I doubt many want to but at the same I've seen too many that act like their lives are a facebook highlight reel but the moment they lose their job they're somehow "bored." Ironic how I get called boring and yet unemployed for over half a year now and happy yet a former coworker told me if she was rich she'd keep her job because "what else is there to do?"