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/biz/ - Business & Finance

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18880644 No.18880644 [Reply] [Original]

It's over. Stocks are never going down again.

>> No.18880661

give it a few months

>> No.18880677

>>18880661
this

>> No.18880724

capitulation is unironically bearish

>> No.18880727

fundamentally vertical

>> No.18880734
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18880734

and that's a good thing.

>> No.18880740

algoniggers should be banned from selling tankers

>> No.18880747

Why does Elon have to ruin everything

>> No.18880751

what the fuck is going on with tankers?

FRO
DHT
TNK
ERUN

all down like 5-9% what the fuck?

>> No.18880763

hey lads what do you think of WFC? it's sitting very right atm

>> No.18880775

they Japan'd the us stock market retards. It's never going to go down much now, just stagnate and crab for decades.

They did exactly the same thing japan did when the great bubble popped, there is nor reason for it to end any differently unless the FED dumps all their stakes they bought up.

>> No.18880781

bears on biz contemplating suicide is more bearish than any stock market signal.

>> No.18880798

>>18880751

>he bought the top when oil was like -$8 bucks

>> No.18880812

>>18880798
i was in a month early on tankers and most of them are still down lol wtf

>> No.18880826

>>18880661
>>18880677
Why?

>> No.18880835

>>18880781
When every bear on this site and wsb is broke is when the market makers will crash the market

>> No.18880857

>>18880644
July will be bloody, dubs confirm.

>> No.18880893

Microsoft don't seem like a bad investment

>> No.18880920

>>18880835

I think we're almost there. people are already starting to fomo back in

>> No.18880950

>>18880798
>he bought the top when oil was like -$8 bucks
Tankers benefict from transporting and storing.
They don't negotiate in Oil Barrels.
This is their best year ever! No reason at all to drop.

>> No.18880956
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18880956

yeah i don't know what to do, stocks are expensive now so I guess I just wait and see. I mean everyone knows the economy is fucked but the stock market isn't the economy so maybe it will just keep going up and I'll never buy in, but I'm not going to buy in when stocks are objectively overvalued. Maybe grab some cruise line stocks or shit like that in small positions, but nothing major.

>> No.18880974

I'm starting to think I will have to baghold fucking FRO till their earnings in May 29th

>> No.18880981

>>18880950

They had extremely limited upside in that they were temporarily benefiting from some spare cash storing oil. The moment oil turned the corner again it was going to crater as this news was quite priced in. Can you imagine the hilarity of an entire board of retards piling into fucking OIL TANKER stocks because Yahoo Finance was spamming articles about how they were storing everything? Unironically priced in the moment you bought.

>> No.18881239

>>18880644
we had those couple days back April time tho, didn't we bobo?

>> No.18881259

>>18880981
>PRICED IN
How come their stocks are down from the end of the year when this is literally their best fucking year.

They are not PRICED IN. They are OVERSOLD.
FRO is now lower then it was before the Oil crisis even began. There is nothing supporting that price.

>> No.18881294

This house of cards is ready to topple at any time. I predict they'll poomp it all the way to November 4th but it could go literally any day now.

>> No.18881316

>>18880826
They think because the second wave of COVID will destabilize the economy again but little do they know most of the American people will not go on lockdown this time around. It’s pointless and the spread of COVID is literally impossible to stop.

It’s time for the weak to die and the strong survive. Let’s bring America back to where it should be.

>> No.18881324

>>18880661
>I'm not going to invest money while I'm losing thanks to FED 's inflation machine waiting for the opportunity, me so smart
Permabeards are objectively more retarded than permabulls

>> No.18881581

>>18880956
DON'T. IT'S FUCKING LUDICROUS TO EXPECT JEWS NOT TO FUCK YOU OVER. IF YOU AREN'T A HUGE TRADER DON'T BOTHER.

>> No.18881676

>>18881316
Uh huh, if people start dropping like flies and they either lose their job or be at risk, don't you think riots will happen?

>> No.18882466

>>18881676
>if people start dropping like flies and they either lose their job or be at risk
>if
>if
Or they should quit being pussies.

>> No.18882542

>>18881316
I don't think there's a single bear who is bearish because of more COVID infections happening.
Personally I'm bearish because;
>30m jobless claims
>lowest shipping numbers ever
>lowest retail numbers ever
>worst GDP contraction ever
>increased geopolitical tensions between US and China
>Fed having to step in and buy assets to keep them from declining
>most missed rents ever
>most lease defaults ever
>most auto defaults ever
etc. Even if not a single more Chinkyflu infection happened, this would still be bad enough to warrant a massive drop in stock price.
And now that we're back to where we were before this shit started in terms of stock price, even the meme 'priced in' argument doesn't work. Can't be priced in if price is higher than it was before this shit all started.
Until someone explains to me how 30m people are going to go back to work, I'm going to remain bearish.

>> No.18882681

>>18880661
>wait until monday!
>wait until next week!
>wait a few months!

dont you get tired of this shit?
You missed the bottom. Period

>> No.18883593

>>18880661
2 years
screencap this

>> No.18883638

>>18880661

This. Market is trading sideways.

>> No.18883662

Why the fuck would anyone buy tankers and not bottomed out oil?

>> No.18883721

>>18880644
Not too late to buy the end of the dip and beginning of the upslope lads. Get in while you can.