/smg/ - Stock Market General

[Anonymous No.19293117]

Crab life

>Brokers
https://pastebin.com/F1yujtVq

>Stock market Words
https://pastebin.com/VtnpN5iJ

>Risk Management
https://pastebin.com/sqJUcbjp
https://suicidepreventionlifeline.org/

>Educational Sites
https://www.investopedia.com/
[YouTube] Jordan Peterson - IQ and The Job Market

>Free Charts
http://www.tradingview.com
https://www.finscreener.com/

>Screeners
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Pre-Market Data and Live Data
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/

>Bio-pharma Catalyst Calendar
https://biopharmcatalyst.com

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

>Dividend Reinvestment (DRIP) Calculator
https://www.dividendchannel.com/drip-returns-calculator/

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

>Misc
https://www.portfoliovisualizer.com/backtest-asset-class-allocation
https://squeezemetrics.com/monitor
https://market24hclock.com/
https://tradingeconomics.com

[Anonymous No.19293134]

oops prev thread
>>19285768

[Anonymous No.19293216]

~stocks~

[Anonymous No.19293235]

I started an M1 Finance account a month or so ago because I wanted fractional ETF shares, but I just recently realized that Fidelity offers fractional ETF shares. I have my Roth IRA and 401k with fidelity, so I would like to have this account there to simplify things. Is there a good way to move my account? Obviously, I could just sell it and move it, but then I have to pay short term tax on it, and this is a long term investment. At this point, I feel like my best option is to just stop DCA'ing into the M1 account and start DCA'ing into a new Fidelity account, and then after a year sell my shares in M1 and put the money into Fidelity. Is there a way to move my shares without cost or should I do what I plan on doing?

[Anonymous No.19293240]

ALL
HAIL
THE MIGHTY
CRAB

[Anonymous No.19293245]

can someone buy my DHT bags for 7 dollars please? i’ve been told the divvies are very comfy, you won’t regret it i promise

[Anonymous No.19293259]

Why is Jordan Peterson in the OP?

[Anonymous No.19293272]

>>19293235
You can't move your shares from one brokerage account to another for free.

However, you can sometimes get a broker to agree to pay your transfer fee as a sign-up bonus for switching to their platform (or sometimes they will pay you a signup bonus in cash for depositing a certain amount).
If your account size is small enough that you care about fractional shares, they probably won't offer this, but it doesn't hurt to ask :D

[Anonymous No.19293325]

Why should I not go all in on QYLD and just collect the 11% divs and reinvest them

[Anonymous No.19293332]

>>19293272
I already have a relationship with Fidelity since my 401k and Roth IRA are there, so maybe they would be willing to pay the transfer fee. I've only got around $5k in the M1 account, but I've been adding $1k every two weeks so Fidelity might be interested in the account. Thanks. I'll give it try

[Anonymous No.19293355]

>>19293245
I bought at 8.2, sold at 6.45. I wish you luck.

[Anonymous No.19293369]

[Anonymous No.19293372]

Xth for anime stocks

[Anonymous No.19293395]

WHICH IS IT /smg/?

[Anonymous No.19293411]

>>19293355
p-please buy my bags, the divvies are very comfy and /tsg/ promises me a super cycle will start within the next decade

[Anonymous No.19293413]

>>19293117
also im surprise there hasnt been another big dip since the mid March "dip". poor bobos

[Anonymous No.19293417]

>>19293369
The zoomers get it. Valuations literally do not matter, what matters is growth and perceived future prospects

[Anonymous No.19293419]

>>19293395
Roll for cunny.

[Anonymous No.19293434]

>>19293395
Excellent job

But Jerome is fixing it for a J shaped recovery

[Anonymous No.19293437]

>>19293395
The bear market in the 70s set new highs and lows both.

[Anonymous No.19293446]

>>19293419
based ID color

[Anonymous No.19293462]

>>19293332
the worst they can do is say no

>>19293325
two issues with pure buy-write:
if QYLD goes down, the yield goes down. For example if you bought at 24, you would be getting about 10% yield on that 24, but then it goes down to 20. People who but at 20 are getting 10% yield, but you are now only getting an ~8.5% yield.
The numbers are a little more fuzzy than that, but that's sort of how it works.
If QYLD goes up, of course, your yield increases.

Because they are writing calls on ALL of the underlying, you don't capture any strong upward movements, especially on the monthly scale. So there are some interesting time-based behaviors.
If QQQ goes up really strong one month, and down really strong the next, it's basically the worst case for QYLD holders, because they eat all of the downside and only pennies on the upsides. But if the market goes mostly sideways month-to-month, it's the best case for QYLD holders.

You also have to pay yearly taxes, which eats into your compounding more than a situation where your stocks grow by 10% per year.

I don't have any issue with QYLD, but I would never be all in on a buy-write strategy. See if some mix of QYLD &/or QLD &/or QQQ &/or QQQX might be better for you

[Anonymous No.19293466]

>>19293417
Even if it has a negative p/e ratio? I've been seeing a few lately

[Anonymous No.19293470]

>another 2 days

[Anonymous No.19293487]

Been taking positions since April 30th. Currently up 10% from 5.5k principle, no capital gains tax/sales yet. All my cash is tied up and I want some in case of market dip. I'm thinking sell WFC.

[Anonymous No.19293488]

>>1929339
CUNNY SHAPED RECOVER

[Anonymous No.19293498]

lets assume major oil companies go bancrupt, wouldnt that led to higher oil prices because way less companies extract oil so there is less oil in the marked? or am i retarded?

[Anonymous No.19293509]

>>19293411
Anon, I...

[Anonymous No.19293511]

>>19293498
you’re correct but major ones won’t go bankrupt, smaller ones will though

[Anonymous No.19293516]

>>19293117
Stop changing the OP you gigantic faggot

[Anonymous No.19293525]

>>19293488
You pedo faggots need to die.

[Anonymous No.19293544]

>>19293509
please make my suffering end

[Anonymous No.19293546]

>>19293498
>>19293511
But what companies are still valuable since it seems that most oil companies have recovered a large portion of their pre-crash value.

[Anonymous No.19293559]

>>19293462
Yea I just want something not so volitile for a majority of my money, the tax stuff doesn't necessarily bother me cause I may tap into it as necessary. But I was actually thinking about doing a portion in qld or tqqq though. Thoughts?

[Anonymous No.19293565]

>>19293544
tankertrash deserve the suffering and 24/7 cope, at least you admit the need to sell off and look for better opportunities, most of them are still convinced of profits coming soon

[Anonymous No.19293575]

>>19293462
*I forgot to say another thing:
You have to reinvest dividends into QYLD to keep your portfolio growing, or else it will tend to decay over the long run. It gets hit pretty bad when the market goes down, but doesn't go up much when the market goes up.
So if you zoom out on the chart, the only really good period for the share price was 2016-2017. Without that sort of all-calm market going on for years, the price (and thus yields) would be even lower.
partial buy-write ETFs like QQQX and KNG don't have this issue; they do give nice yields (about half of QYDL or a little less), but they price per share (and thus the yield) tend to appreciate over time, so any re-investment just improves that performance (in a more tax-advantaged way)

>>19293498
it depends
other companies will just buy the assets of the bankrupt ones, and they'll keep pumping those wells if it's financially advantageous. So the amount of oil production won't necessarily go down by as much as you would expect

[Anonymous No.19293581]

>>19293411
When did you buy them?

[Anonymous No.19293583]

>>19293155
That isn't a "logical mistake". Efficiency isn't a problem with solar panels, they produce plenty of electricity during the day at a very low cost. The problem has always been energy storage which in the past had been prohibitively expensive but due to electric vehicle adoption, as well as advancement of battery technology, solar plus storage is now on par or cheaper than other sources of energy and the price will only keep falling.

You keep trying to make this a left versus right thing and frankly, it's retarded. Fossil fuel subsidies in the US are greater than the entire defense budget, yet you probably complain about a paltry solar tax credit because you're a useful idiot for oil and gas companies who have you shilling for them like a good little goy. It's even worse because billions of dollars in heath care costs due to fossil fuel use are also being subsidized by the people affected by them.

[Anonymous No.19293590]

where my fellow zoom zooms who *bought the dip*???

[Anonymous No.19293592]

>>19293487
don't have weak hands anon. your bags aren't even that heavy.
buy low sell never

[Anonymous No.19293610]

>>19293581
april 28th

[Anonymous No.19293622]

>>19293544
I took a 20% loss on my DHT mistake and turned it around, now I'm up 10% AFTER taking that loss. If you don't like the position, you can always sell. If you want to baghold, the divs aren't bad.

[Anonymous No.19293646]

im going all in on chink calls
see yall next year when im a gorillianair

[Anonymous No.19293648]

>>19293559
an ETF such as QYLD / QQQX / KNG can be a nice supplement to other equities, especially now that bonds aren't doing too much for us.
I prefer QLD to TQQQ personally, but that's just based on my own opinions. I've suggested a mixed portfolio of QQQX+KNG+QLD+SSO as a nice 'boring&balanced' equities ETF that captures some stable yield and also supplements the upside with leveraged ETFs.

Right now I'm in more of a stock-picking mode, with all of the activity in the markets and the economy I've been looking to buy shares in individual companies instead of indexed strategies. When we return to a more stable situation I'll probably look back into index plays more. Right now the only one of these ETFs that I hold is KNG, I sold my QLD in February before things got spicy.

[Anonymous No.19293651]

>>19293622
I had too much hopium from the retards shilling another contango. Big mistake, I’m happy for you though. What did you put your money in after you got out?

[Anonymous No.19293661]

>>19293395

[Anonymous No.19293679]

>>19293117
Can someone reccomend a prep-course for the series 7 exam?
I'm just started reading the "For Dummies" on this but I'd prefer something more official or even a series of instructional videos if possible.

[Anonymous No.19293688]

>>19293498
Yep. EOG and PXD, that's what you want. Wait for fud to drive them down when retards panic sell when more oil companies bite it.

[Anonymous No.19293695]

>>19293622
I'm >>19293487 I increased positions and DCA'd down on DOW and RTX. I wouldn't be in the green had I not done that.

[Anonymous No.19293712]

BUFFETT

[Anonymous No.19293739]

WARREN BUFFETT DEAD, TURN ON CNN
>WARREN BUFFETT DEAD, TURN ON CNN
WARREN BUFFETT DEAD, TURN ON CNN
>WARREN BUFFETT DEAD, TURN ON CNN
WARREN BUFFETT DEAD, TURN ON CNN
>WARREN BUFFETT DEAD, TURN ON CNN
WARREN BUFFETT DEAD, TURN ON CNN
>WARREN BUFFETT DEAD, TURN ON CNN
WARREN BUFFETT DEAD, TURN ON CNN
>WARREN BUFFETT DEAD, TURN ON CNN
WARREN BUFFETT DEAD, TURN ON CNN
>WARREN BUFFETT DEAD, TURN ON CNN
WARREN BUFFETT DEAD, TURN ON CNN
>WARREN BUFFETT DEAD, TURN ON CNN
WARREN BUFFETT DEAD, TURN ON CNN
>WARREN BUFFETT DEAD, TURN ON CNN

[Anonymous No.19293742]

>>19293117
>https://pastebin.com/sqJUcbjp
I take issue with the use of male pronouns in this writeup. Studies have shown that women (inclusive of trans women) have a greater likelihood to participate in the study of subjects when female pronouns are used in textbooks. Please change this pastebin to use female pronouns

[Anonymous No.19293744]

>>19293648
Thanks!

[Anonymous No.19293776]

>>19293245
so glad I avoided the /tsg/ whirlpool of insolvency

[Anonymous No.19293778]

>>19293739 (You)

[Anonymous No.19293796]

>>19293742
Fag

[Anonymous No.19293806]

>>19293742
There are no women here.

[Anonymous No.19293834]

>>19293651
Sorry this post was meant as a reply to you >>19293695

[Anonymous No.19293841]

>>19293806
I think the use male pronouns in the patebin contribute to that. Please change it so we can be a more inclusive community

[Anonymous No.19293855]

>>19293688
>Yep. EOG and PXD, that's what you want
why explain please

[Anonymous No.19293875]

So now that Covid is over, what should I buy with my TQQQ gains in 3 years

[Anonymous No.19293876]

>>19293739
>turn on CNN
Not even with a rented dick.

[Anonymous No.19293877]

Hang Seng crashing on Monday. It will be a genocide the likes of which no one has seen before. Expect a 50 - 70% decline in that index by the time it's all over as capital flees like a herd of panicked gazelles.

[Anonymous No.19293883]

>>19293583
>You keep trying to make this a left versus right thing and frankly, it's retarded.
These people are brainwashed. They’re ideological. Anyone who dares to criticize the administration is a leftist and Hillary loyalist.

>>19293487
These are ALL cyclical and exposed to the volatility in the oil market, just so you know.

I want some cyclical exposure, but if the thesis on the expansion beginning soon is wrong, I want some stocks that aren’t tied to the business cycle and can do well despite the coronavirus. For me that’s pharma, fintech, and somewhat tech.

[Anonymous No.19293904]

I wonder what sort of ultracuck wastes his time on >le guy is dead epic meme posts

[Anonymous No.19293909]

>>19293117
Jordan Peterson is a quack that takes advantage of mentally ill males between the ages of 18-25.

[Anonymous No.19293918]

>>19293498
Yes. However, natty gas is the better play when producers go bankrupt.

[Anonymous No.19293929]

>>19293877
Nobody cares about ching chong gook gook index
Spy 300

[Anonymous No.19293935]

>>19293883
Part of why I want to get cash out and diversify. I'm learning a lot and making mistakes. Part of me wishes I had gotten into more sector-based ETFs. Long story short, if the oil market tanks then it tanks this portfolio, and that's the exact case I want capital for.

[Anonymous No.19293936]

Will Tuesday be green?

[Anonymous No.19293958]

Did Jerome pause the printer to put more pressure on Congress?

[Anonymous No.19293963]

>>19293936
Only if you're a good boy this weekend.

[Anonymous No.19293965]

>>19293565
I could see tankerfags having their day in June or July, but I'm glad it's not my problem. What a fucking bizarre little corner of the business world. For daytraders and other people that aren't me. No thanks.

[Anonymous No.19293975]

>>19293516
Give me an archive of an old thread to restore it.

[Anonymous No.19293982]

>>19293936
states are opening up, places of worship is too. market is forward thinking and i dont see anything stopping it

[Anonymous No.19294025]

>>19293982
Any good church ETFS?

[Anonymous No.19294029]

>>19293739
oh shit a dead warren buffet just flew over my house!

[Anonymous No.19294031]

>>19293739

[Anonymous No.19294055]

>>19293909
Jordan Peterson is a subpar pop philosopher, but whatever he espouses is far more benign than the leftist mainstream, and in contrast holds perhaps even a small beneficent effect.

[Anonymous No.19294068]

>>19293742
>>19293841

I'm pretty sure that the pastebins were written years ago by a known homosexual.
So it is natural that they ignore the aspect of the feminine entirely.

No one reads the pastebins, so if you want to rewrite them and make news ones for the next OP no one will notice

you might want to be careful though:
/smg/ is controlled from the shadows by an elite cabal of female (not tranny) daytraders and hedgefund executives, so they might have you assassinated if you try and lure other females here to blow their cover

[Anonymous No.19294095]

>>19294055
he's Canadian though

[Anonymous No.19294119]

bullish

[Anonymous No.19294120]

>>19294055
As Jerome Kerviel, wolves.
Strangely those names have some hype.

[Anonymous No.19294126]

>>19293982
2 weeks

[Anonymous No.19294137]

>>19294095

[Anonymous No.19294150]

>>19293855
They have the best balance sheets and the largest proven reserves in the US, without ridiculous debt like occidental.
EOG has 3.21 billion barrels proven, PXD is well diversified with liquid natural gas, natural gas and oil reserves.
Because of their lack of debt on aqcuisitions and assets, they can produce oil well under 30 dollars a barrel. The companies you see dying were hoping for 45 (oxy) or some 60 (wll - bankrupt).

[Anonymous No.19294175]

>>19294055
The things I agree with him on are common sense. But he gives me this "pull yourself up by the bootstraps" vibe which in this day and age is just not really appropriate. Also cleaning my room is not going to solve all my problems or lead me into incrementally bettering my life.
Also seen a couple of his lectures on religion; I gather the impression that he's scatter brained, he likes to make outrageous claims that aren't backed by science, and he probably is more insane than he'd like to let off.

[Anonymous No.19294193]

>>19293411
>>19293245
I still think tankers are a decent hedge for a bull to have. Storage is likely still going to be in an issue for months to come. oil will still need to be transported. Using oil tankers as storage fouls up the bottoms which may lead to further incentive for older tankers to be scrapped following all this.

[Anonymous No.19294212]

Any of you guys investing in companies outside of the US? Do you think that Brazil is going to bounce back if bolsonaro gets his coup?

[Anonymous No.19294223]

>>19294095
And has been neutralized for all his criticism of the Soviet Union. Remarkable hubris in going to Russia and thinking Putin wouldn’t take action.

>>19294055
>>19293909
I was one of the men who paid to go to one of his lectures. If I was taken advantage of, i do think it improved my life trajectory, so I don’t regret it.

[Anonymous No.19294227]

>>19294150
PXD looking at that chart she looks like a monster? Whats your take on OKE and or MLPS? I heard MLPS are like ponzi schemes due to debt and k1.

[Anonymous No.19294228]

>>19294175
>But he gives me this "pull yourself up by the bootstraps" vibe which in this day and age is just not really appropriate.
why not?

[Anonymous No.19294244]

>>19293590
I was scared to put too much in because I lot a lot in the previous years, but I did buy some and I'm up about $1500 on what I did buy.

[Anonymous No.19294246]

So once VIX is below 20 for a while, and holding a leveraged ETF is safer, would selling covered calls be a good way to offset potential losses? Or is it ultimately pointless?

[Anonymous No.19294267]

>>19294193
>contango june and july instead of may
>speculative super cycle in the years to come if A,B and C stars align
I’ve heard all this before and am not into pretending like time is worthless.

[Anonymous No.19294274]

>>19294223
Even if he didn't, and you know believe your life trajectory has improved, then that's great anon.

[Anonymous No.19294279]

>>19294223
>I was one of the men who paid to go to one of his lectures. If I was taken advantage of, i do think it improved my life trajectory, so I don’t regret it.
I saw him at the Beacon Theater in NYC. The people there were fucking ridiculous. I saw teenagers in v-neck sweaters, dressed like professors, and dozens of people reading books before the show in an attempt to look smart. It was the cringiest thing I have ever taken part in. I hope at least one of them died on the way home

[Anonymous No.19294311]

>>19293936
Only lead brained boomers are keeping the market down.

[Anonymous No.19294330]

>>19294228
This is a long conversation that I don't want to have, and don't get me wrong, I believe you have more control over your outcomes than not, but basically I don't think we live in a meritocracy or competence is as valued as it once was. I.e. let's hire/admit diversity or give the less qualified guy the job because he knows the boss.

[Anonymous No.19294340]

>>19294246
Check if there is any demand/supply for options for your ETF.
>offset potential losses
Selling covered calls is supposed to be just regular income if you're betting your stock goes somewhat sideways.

[Anonymous No.19294356]

>>19294227
MLPs are safe when oil price has been flat for half a and no bankruptcies are on the table.
OKE has high debt, they are like OXY, you're gambling on whether they can survive.
When it comes to mining I look at three things: do they own the ground, do they own the equipment, is their interest expense low. If it's yes to all three, the cost per barrel is low.

[Anonymous No.19294359]

>>19294279
i cringed just thinking about being there

[Anonymous No.19294365]

>>19294267
Large sectors of stocks look like gambles a the moment. The whole oil storage and demand question is still very much in the air in the coming months especially if a (very possible) second wave occurs. At the current price points they look attractive as a hedge. Spot rates are still elevated, same with time charter they will likely keep current divvies for at least another quarter likely two.

[Anonymous No.19294370]

>>19293395
either u-shaped or l-shaped. 2008 was l-shaped, so we'll see what happens this time, but it already seems much worse this time around.

[Anonymous No.19294399]

>>19294279
Sweaters are comfy and it is okay to read books in public.

[Anonymous No.19294416]

>>19294330
No need for a long conversation or even a reply, but even if we don't live in a meritocracy and do live in a diverse fag world, which I mostly agree with, white people, which hopefully most of us here are, still need to work hard to get what we want, even more so than in the past, since we are the ones at the losing end of diversity initiatives.

[Anonymous No.19294430]

>>19294175
>pull yourself up by the bootstraps vibe which in this day and age is just not really appropriate

Only if you're a limp-wristed faggot or effeminate drone. Why do you think Western civilization is failing? Because our men are slaves to comfort, indolence, and pleasurable vice. The very fact that the virtues of our ancestors, which brought us unfathomable glory and world Empire, have been deemed "not appropriate" is the deepest root of our decline.

Considering that modern man has lost all virtue, asking him to make order in his dwelling is the most reasonable first request on the road to recovery. If you can't keep order in your house, how can you keep order in your mind, order in your body, and order in your life? Mastery of the external elements is trivial, it is the internal elements, the passions and the vices, that require struggle. Let man begin with the easiest and work his way up to the hardest, that is all Peterson is asking.

As to his talk on religion I can say nothing. He is not a philosopher in his own right but an inarticulate and perhaps flawed messenger of some of the virtues held by our forefathers. If you want the real talk on personal conduct read Epistulae morales ad lucilium by Seneca the Younger, the Confessions of St. Augustine, and perhaps the Meditations of Marcus Aurelius.

[Anonymous No.19294438]

>>19293546
look at KOS. Pre-virus this was 5 - 6 a share nice and steady. Now it's only just a hair under 2.00.

[Anonymous No.19294442]

>>19294279
I was working night shifts at the time and fell asleep during the lecture.

I don’t mean the lecture really improved my life, but the YouTube clips did. Helped me decide to get that shitty job in the first place.

>>19293395
Perhaps k-shaped, as some sectors bounce back immediately, some are killed off immediately, and others take a much longer time to come back or remain in slow decline.

[Anonymous No.19294466]

>>19294430
Breaking your body before 40 is the quickest way to get addicted to these things.
The richest man in Rome basically burned down shit to extort people. Aurelius was cucked by his best friend while he was working.

[Anonymous No.19294487]

>>19294279
>dozens of people reading books before the show in an attempt to look smart. It was the cringiest thing I have ever taken part in. I hope at least one of them died on the way home
I know what you mean sort of, but sometimes people read books just to read books, because reading books is nice

[Anonymous No.19294488]

>>19294442
>Perhaps k-shaped, as some sectors bounce back immediately, some are killed off immediately, and others take a much longer time to come back or remain in slow decline.

Probably this.

The next year is probably going to be the biggest year for stock picking. If you can get it right you'll get rich, and if you get it wrong you'll get fucked.

So far the internet businesses have been winning the battle, but how long will that continue? I'm seriously considering dumping into FANGU next week.

[Anonymous No.19294496]

>>19294430
>le western civilization is falling face
polacks go home

[Anonymous No.19294505]

>>19294442
Read the Stoics if you want to actually improve yourself as >>19294430 suggested

[Anonymous No.19294506]

Can somebody explain Natural Gas to me?

[Anonymous No.19294531]

>>19294506
BRAAAAAAAAAAAP

[Anonymous No.19294536]

>>19294506
There's a lot of it. It comes free with oil. It's good if it's really cold.

[Anonymous No.19294557]

>>19293877
oh no my beloved Xiaomi stocks.

i dont care. i am holding.

[Anonymous No.19294584]

>>19294488
>>dump into Fangu
And hold for how long?

[Anonymous No.19294598]

>>19294430
I think it's failing because we have corrupt dipshits in high places we follow blindly. And even if it isn't that, there are so many plausible answers as to why it's failing it's not even worth arguing about.
I clean my room, it's something that I usually do because I like my room to be clean, but that's not going to incrementally lead me into bettering my life by going to the gym more, eating better, become more virtuous. If he's saying to practice, and progressively increase the difficulty of the practice so that you can get better at something, than no fucking shit. You'd have to be a retard no to draw that conclusion through common sense.

[Anonymous No.19294625]

>>19294466
I know in today's world in which everything is all so politically correct and bullshit along those lines what I'm gonna say is very bad taste. But here it is: Work hard, play hard, save loads of green and don't take shit from anyone. Don't expect anyone to do shit for you either. When there's a deal that won't fuck you over, you take it. If you can bag a home cheaper by bashing the homeowners own mistakes over their heads, you do it. Why? Cause if you don't the next person who walks in sure as hell will. When the govt gives out free money, don't complain, be fucking glad. When stocks go on epic sales dive in like mad.

[Anonymous No.19294639]

>>19294536
gas stove my brother has is like butter smooth way better than traditional stoves

that shit cranks

and plus he tells me how much money he saves with the natural gas system in his house so its like.... its pretty much like butter crack

[Anonymous No.19294659]

>>19294212
>if bolsonaro gets his coup
Tell me more about this; what coup?

>mfw watching Narcos Mexico and /biz/ posting

[Anonymous No.19294671]

>>19294506
>Can somebody explain Natural Gas to me?
*brap*

>>19294505
Funny thing, I actually bought a copy of Epictetus’s Art of Living and lost it almost immediately while working that job. Reading during breaks might be a meme.

[Anonymous No.19294708]

>>19294137
delet

[Anonymous No.19294735]

>>19293446
>HEIWA
cute!

[Anonymous No.19294736]

>>19294598
I think you underestimate the amount of retardation young males have in today's fatherless society

[Anonymous No.19294737]

>>19294370
>it already seems much worse this time around.
You're suffering from early onset dementia.
>no infinite QE
>Lehman brothers was allowed to fail
>credit crisis vs. government enforced vacation

[Anonymous No.19294742]

>>19294311
so big boys waiting for Boomers to fomo before crashing the market?

[Anonymous No.19294810]

>>19294737
when will retards like you realize, that his stock gains mean nothing, if the underlying currency looses more value than his gains can compensate. this will be the exact scenario we will find ourselves in

[Anonymous No.19294814]

>>19294496
Map of the world, 1914.
Map of the world, 2014.

You either recognize reality for what it is or attempt to explain it away ; "We lost 90% of our nations' territory and now find Africa and Asia closed to us and our people — and that's a good thing!"

That's merely from a geopolitical and economic perspective. We haven't even begun to discuss the decline in the moral fabric of our nations, the loss of higher purpose, the descent into an endless cycle of daily servitude to large corporations, both governments and private companies, coupled with self-consuming consumerism and hedonistic malaise. The white man does not conquer, he does not settle, he does not build, he does not explore, he does not fight — he sits and grows fat behind a desk to retire at 65 and die at 80. How does he pass his time? He indulges in fake adventure by means of a computer and a television, fake family by means of pets and the passing whores he calls 'girlfriends', fake contentment by means of liquor, prescriptions, and street drugs.

What sort of life is that? Our forefathers had the whole world at their fingertips, Zanzibar and Tsingtao, Kapstadt and Freeport, Algiers, Beirut, and Baghdad, Singapore and Jakarta. If they wanted to do something great with their lives, it was merely the matter of buying a ticket — you were welcomed in the virgin wilderness of exotic lands the very next month, greeted by European eyes, protected by a government sympathetic to you and your interests, free to bring order and prosperity where none existed before and embark upon any number of noble enterprises that could bring honor to your name.

Yes, we have declined, this is not a political statement or position, but a self-evident reality and what I speak of is only the tip of the iceberg.

[Anonymous No.19294820]

Will tuesday be red or green ?

[Anonymous No.19294832]

>>19294814
capped

[Anonymous No.19294841]

Bored as fuck.
I have nothing to do when the markets are closed.

[2 scoops !!DU22SQMj6dQ No.19294846]

>>19293877
Please stop, sir. I can only get so erect.

[Anonymous No.19294860]

>>19294810
>his stock gains mean nothing

[Anonymous No.19294862]

why can't I create a game on marketwatch?? I click the create game button and nothing happens. piece of shit

[Anonymous No.19294890]

So Goldman was analyzing how many new investors are in the market playing with options thanks to zero exchange fees like Robinhood, apparently all the zero fee brokerages have seen huge surges in numbers since the crash.

How many of you have options in these stocks? Apparently they are the most popular for the new retail investors to take out options on.

[Anonymous No.19294891]

>>19294810
actually a stock is its own currency in a way

if you have stock then it would just be worth more dollars if the dollar dropped exceedingly

[Anonymous No.19294897]

>>19294841
trade crypto faggot

[Anonymous No.19294919]

>>19294860
fun fact: if you invested into the venezolean stock market in 2015, you would have seen millions and millions of gains in percentage over the next 3 years, so basically a retards wet dream. but since the currency lost even more value in this time period, you were left with only 2% of your investment when compared to usd. thats what you are betting on when rambling about unlimited qe and assets not being allowed to fail, fuckhead

[Anonymous No.19294941]

>>19294891
implying that the underlying assets wont drop in value aswell. just fucking look at your industrial demand, its all in the shitter and with this everything else surrounding it.

[Anonymous No.19294946]

>>19294919
How much would you have if you held cash in that scenario?

[Anonymous No.19294974]

>>19294506
brap comes from oil
brap comes from biowaste
brap comes from landfills
burn it for heat or energy
pump the waste into algae farms to help make plankton

[Anonymous No.19294989]

>>19294919
>you would have seen millions and millions of gains in percentage over the next 3 years,

then you should have bought venezualuan bucks when it was worth only 2%

whats it at now im interested

what country is at the bottom

[Anonymous No.19295012]

Why not just put everything in VOO?

[Anonymous No.19295021]

>>19294946
as little as possible while trying to buy my stocks overseas.
but exactly this wont work in these times, since the whole world is affected by this crisis, so its not just one country which goes boom, but a whole army of them. argentina was just the beginning

[Anonymous No.19295023]

>>19294625
Obviously. But the people saying 'pull yourself up by your bootstraps' aren't saying this. They are saying 'work yourself into medical issues to make me money. The medical bills are your problem.' Calling you lazy is a boomer's pathetic attempt to shame you into being their slave. They failed to take care of, teach or provide a good future for their children. Animals that do this go extinct, regardless of whether they are sentient or not.

[Anonymous No.19295034]

>>19295012
because 55% QQQ 40% EDV and 5% VXX is way better

[Anonymous No.19295036]

>>19294659
There were "rumors" that the brazilian military is leaning towards possibly aiding bolsonaro in a self-coup, like what Fujimori did in Peru, if the brazilian congress keeps fucking with his presidential powers.

After all its just a rumor but I think it would be interesting to see how the investment market gets shaken up by this turn of events.

[2 scoops !!DU22SQMj6dQ No.19295042]

>>19294890
>SHOP
>ZM
>TSLA
Oof. They are not going to time this shit well.

Also, fuck no I don't do options anymore. If I was a newfag, I'd probably have piled in there on SHOP tho.

>>19294919
What alternative are you proposing?
Under hyperinflation, would it be ideal to leave our wealth parked in the deteriorating national currency instead?
I only just began paying attention to this exchange, but what's your point here? That QE doesn't really prevent companies from failing?

[Anonymous No.19295043]

>>19294890
Those stocks are more prone to see 1-contract volumes because their share prices and premiums are high outside of ROKU and ZM. Compare the prices on CMG or TSLA options to F options.

[Anonymous No.19295045]

>>19294989
just go back to buying link

[Anonymous No.19295052]

>>19295034
you're implying 5% VXX for long term?
that's not a thing my friend

[Anonymous No.19295054]

Any of you guys shorting argentina or basedbean futures due to the drought that they are going to get?

[Anonymous No.19295060]

>>19293648
What stocks you picking now?

[Anonymous No.19295062]

>>19294919
Difference: venezuela was the only one printing money. Their currency collapsed because it lost value relative to other currencies. That is not what is happening now, everyone is printing.

[Anonymous No.19295065]

I turned 1,2k into 2k buying into some shilled tickers. Chicken shit numbers I know but now that I can pull my initial out I was wondering if options and leverage would be a good step up to my gale or do I just stick to shill tips

[Anonymous No.19295069]

BUFFETTTTTTTTTTTT

[Anonymous No.19295071]

>>19295052
>most volatile market in history
>not long market volatility for a few quarters
it is indeed a thing pajeet.

[2 scoops !!DU22SQMj6dQ No.19295087]

>>19294989
>then you should have bought venezualuan bucks when it was worth only 2%
The fundamentals are different with forex, sir
>whats it at now im interested
Even lower.
Inflation rarely runs in reverse. That's called deflation, and is considered very bad.

Kindly do needful and kill self, then copy me on the same, sir

[Anonymous No.19295089]

>>19294814
it really wasn't much better back then. the vast majority of people were corporate slaves in 1914, and we never had a higher purpose. why do you think we owned 90% of the world in 1914? for the use of corporations. life was not better, stop viewing history with rose-tinted glasses.
>>19294737
we're just at the start of this crisis, anon. there's nothing to say that a credit crisis won't happen again this time around, and, in fact, we see the same signs of another credit crisis this time around but in the commercial sector. crises don't necessarily happen in the time-scale of a few months, they can take quite a while for its full effects to become clear.

[Anonymous No.19295097]

what are chances of moderna and spotify dumping this coming week

[Anonymous No.19295108]

>>19295045
why would i buy something that is 4$ already

nice meme

i dont care if it goes to 500$ im not buying something this expensive

[Anonymous No.19295114]

>>19295042
>but what's your point here?
my point is that we are fucked and that qe will keep companies from "failing", but wont change the underlying valuation of the market itself. the alternative is really to find the few companies, which are essential to the government, put the rest into precious metals, which is prolly already too late to do, and to ride the storm out.

[Anonymous No.19295116]

>>19294919
>NOOOO YOU SHOULDN'T BUY ASSETS WHEN MONEY IS BECOMING WORTHLESS YOU SHOULD KEEP YOUR CASH BUT NO YOU SHOULDN'T KEEP YOUR CASH YOU SHOULD PUT IN OTHER COUNTRIES THAT ARE ALSO COMPETING IN THE MONEY PRINTING GAME BUY 0% YIELD GOLD OR SHITCOINS AAAHHHH

[Anonymous No.19295131]

>>19295097
Pretty high for SPOT. They pumped on Rogan news, but Rogan is about to get character assassined by his JewTube CIA handlers.

[Anonymous No.19295136]

>>19295108
but thats the level on which your brain operates on, it cant understand anything more complex

[Anonymous No.19295140]

>>19295087
by venezuluan bucks i ment venezuluan stocks you retard

if theyre all at 2% of their value then surely you could go scoop up a bunch of cheap penny stocks in venezuala and be getting in a country super cheap

and controlling their whole country one day

but u cant see that opportunity you just see it as welp they lost 98% its over

what does that even mean

[Anonymous No.19295147]

>>19295062
>everyone is printing.
yes. thats why its way worse, since its even harder to keep your funds safe.

[Anonymous No.19295151]

>>19295089
>>we're just at the start of this crisis, anon. there's nothing to say that a credit crisis won't happen again this time around, and, in fact, we see the same signs of another credit crisis this time around but in the commercial sector. crises don't necessarily happen in the time-scale of a few months, they can take quite a while for its full effects to become clear.
We are literally at the end of the Chinese cold inspired government induced vacation. The government is buying corporate bonds. A credit crisis is impossible. Do you even pay attention to the news or do you just inhale your own farts and post counterfactual analysis?

[Anonymous No.19295157]

>>19294890
I am new, got in after the crash with my coronabux. I have SHOP.

[Anonymous No.19295170]

>>19294311
Imagine muddling the waters with generational identification, as if just telling me a Boomer is bearish after the longest bull run in American history would change my mind.

So many different flavors of cope to choose from, how can you only settle for one?

[Anonymous No.19295174]

>>19295116
there wont be any yields in this crisis. the only goal is to be smart with your money and to put it into funds, which wont loose value compared to 2 months ago.

[2 scoops !!DU22SQMj6dQ No.19295177]

>>19295114
>my point is that we are fucked and that qe will keep companies from "failing", but wont change the underlying valuation of the market itself. the alternative is really to find the few companies, which are essential to the government, put the rest into precious metals, which is prolly already too late to do, and to ride the storm out.
Oh. You're a precious metals shill. Based.

>>19295116
Also based.

[Anonymous No.19295179]

>>19295065
if you're okay with the possibility of losing a good chunk of your money then go for it

[Anonymous No.19295216]

>>19295177
>Oh. You're a precious metals shill. Based.
you can just go 100% into essential stocks aswell.

[Anonymous No.19295266]

We got through the 2008 mess just fine. We got through the 1930 mess just fine. Did it take a while yeah, did people die yeah (I'm sure a few financial people offed themselves in 2008) so I'm not saying this latest thing will be or is a cake walk. But we'll get through it. Those who bought/is buying cheapies will be seeing gains out the ass though once things pick up speed.

[Anonymous No.19295267]

>>19294890
I was going to, but Schwab won't let you do it until you apply for options trading, and they rejected me.
They want me to call them Tuesday to talk about it.

[Anonymous No.19295271]

>>19294919
>thats what you are betting on when rambling about unlimited qe and assets not being allowed to fail, fuckhead
The Yen says fucking hello. Venezuela is a mismanaged oil company that failed to diversify that ended up being royally shafted by the Saudis. Their currency failed because their oil state failed. In other words, the Bolivar was pretty much a stock in the PDVSA, which saw its revenues go to zero.

You will only see dollar inflation if we end up in a situation where the USG prints trillions for the bottom 90%, which would likely never happen in this country. At the end of the day, you will continue to see asset inflation (like stocks) - and the vast majority of people who receive at that money, will never ever spend it.

What is more likely is that the stock market gets fully disconnected from the larger economy essentially becomes a quasi-government body that returns 7% per year and is never allowed fail.

[2 scoops !!DU22SQMj6dQ No.19295284]

>>19295140
>by venezuluan bucks i ment venezuluan stocks you retard
But you said bucks instead of stocks, sir
>if theyre all at 2% of their value then surely you could go scoop up a bunch of cheap penny stocks in venezuala and be getting in a country super cheap
Oh. Well, unfortunately Robinhood doesn't have any Venezuelan equivalent to FXI, which is for the Chinese market.
But, there is a ticket called IBVC that seems like it'd be inflation adjusted to American dollars, so that could be a good option if you're interested in further investigating the idea of investing in "distressed" countries

[Anonymous No.19295288]

Where the fuck is my post?

[Anonymous No.19295290]

>>19295174
>there wont be any yields in this crisis.
>future tense
The chinese cold panic is over. Time travel back to January and give us your predictions then.

[Anonymous No.19295297]

>>19295147
Wrong, currency value is directly proportional to other's money supply.

[Anonymous No.19295315]

>>19295069

[Anonymous No.19295333]

scammer got scammed

[Anonymous No.19295357]

>>19293395
U or swoosh

[Anonymous No.19295361]

>>19294820
No one has any idea. I have no clue how much impact the HK market cratering will have on the US market. I also don't think anyone in the west understands what's happening now, and what's about to happen broadly around the region.

HK is a bit of a canary in the coal mine for china. If they can get away with this, they will see it as an opportunity to continue pressing, and I think their eventual goal is Taiwan. The West needs to raise a royal stink about HK to prevent escalation

[Anonymous No.19295389]

>>19295361
I think the China GDP and delisting prospects are scarier than the HK market issues.

[2 scoops !!DU22SQMj6dQ No.19295400]

>>19295157
If you lose all your cash, keep posting.
/smg/ has a very heavy survivorship bias, which means it's full of oldfags that do boomer stocks and newfags that are buying options with the risk profile of lottery tickets and usually gone in a few months.

>>19295216
>>Oh. You're a precious metals shill. Based.
>you can just go 100% into essential stocks aswell.
Oh. So you're a sophisticated precious metals shill. Based.
Thanks for your contributions to the thread, sir

[Anonymous No.19295424]

>>19295389
I consider all of that related. HK market is going to respond to delisting in the west. HK is seen as the globe's doorway into China. China gdp has been in trouble since 2015, and I think that fact is what made them decide to keep their borders open while shutting down domestic travel.

[Anonymous No.19295425]

>>19293975
>>/biz/thread/19107871

[Anonymous No.19295428]

>>19295036
Absolutely based and redpilled. Big if true. A pro-B coup would be bullish for Brazilia. The Commies want to stop privatization and just BRRRR the rial into de nada . . .

Also, imagine if Bolso liberated Venezuela from Communism. Amazing.

[Anonymous No.19295438]

>>19295089
>the vast majority of people were corporate slaves

In 1900, 40% of Americans lived on farms and 60% lived and rural areas. Many in the city worked as independent crafts- and tradesmen. Certainly not the picture you're painting. And as to the European colonies, who do you suppose established, owned, and operated those corporations? White settlers. The colonial system of government presented enormous opportunity for the common man to pursue entrepreneurship, and even a trade considered menial in his homeland could be indispensable in the areas open to settlement.

>stop viewing history with rose-tinted glasses.

This is exactly what you would tell someone if you caused them to have living conditions worse than their ancestors. No surprise that it's a common cry from the leftist intellectual elite, the ones who are responsible for the disaster to begin with. Was life less comfortable back then? Yes, certainly. But that is besides the point. What makes the 19th and early 20th centuries so exceptional in relation to the late 20th and early 21st is the fact that there was less comfort, but far more opportunities for life fulfillment given to the white man.

Today the European white is almost a prisoner in his own country, and even the most basic accessories his ancestor would have taken for granted, such as wife and children, a rifle, or a house of his own, remain in many cases distant dreams. For the common man there is no adventure, there is no possibility of being irreplaceable, there is none of the land and independence that were so easy to grasp in colonial days. A tragedy and it should be mourned. I leave you with that.

[Anonymous No.19295468]

>>19295271
>You will only see dollar inflation if we end up in a situation where the USG prints trillions for the bottom 90%, which would likely never happen in this country.
as long as the stock issuing companys actually have employees, this money is bound to become part of the real economy. maybe not extremly fast, but it will get faster in time, leading to what i described.
>>19295290
ah, the retard again. you had a maximum of 32k daily confirmed cases in the whole of the us. you now are seeing 24k daily confirmed cases in the whole of the us. how is this over?
>>19295297
>Wrong, currency value is directly proportional to other's money supply.
i didnt argue against this. but ask yourself, if a company looses 50% of its real intrinsic value, while, through inflationary impulse, raising 50% in stock value, does that make your stock a safer asset? as i said, other currencies inflating aswell just makes the problem worse.

[Anonymous No.19295489]

>>19295284
>IBVC

just looked it up and its up like 5 billion % this year

see the ultimate loser in all of this was you for not buying venezuala a few years ago

[2 scoops !!DU22SQMj6dQ No.19295507]

>>19295315
https://www.theguardian.com/business/2020/may/19/german-company-allegedly-cons-warren-buffett-out-of-643m
It's legit

>>19295489
>see the ultimate loser in all of this was you for not buying venezuala a few years ago
I guess so.

[Anonymous No.19295512]

>>19293975
>>19295425
I've got the old OP saved in a text file so it's always resurrectable.

[Anonymous No.19295513]

>>19295097
spotify has retard retail strength and will definitely dump hard if anything happens. i wouldnt try to play on it.

[Anonymous No.19295522]

>>19293117
what's with all this dumb fuck crab bullshit. it's so fucking stupid you guys sound like complete retards when you say this shit

[Anonymous No.19295523]

>>19295468
>NOOO NOT MY AIRBORNE AIDS THAT KILLS ON AVERAGE 80 YEAR OLD OBESE BLACKS AAAHHHHH

Please make a /chinese cold/ general where you tell each other how to build underground bunkers and hoard silver coins. You "people" are bigger schizos than the tanker stock crew. At least the tankers are real.

[Anonymous No.19295535]

>>19294430
>If you can't keep order in your house, how can you keep order in your mind, order in your body, and order in your life?
You sound like an OCD faggot.

[Anonymous No.19295537]

>>19295522
Crabs walk sideways. So does the market.

[Anonymous No.19295559]

>>19295537
I don't care use actual terms instead of the dumb autism shit. anyone who uses the word crab in a post is immediately ignored by me. go play with your penny 3 figure portfolio dont @ me

[Anonymous No.19295565]

>>19295389
>>19295424
HK is going down in flames and delisting will smack the front companies in NYC and SF

Softbank is part of this hot money mess too, don’t forget.

>>19295428
Imagine a LatAm Union with a Security Commission run by Mexico, Colombia, Brazil y Chile. Muy basado, no?

But they need to adopt the dollar, especially Chile and Argentina.

>>19295468
>how is this over?
Because the virus is Fake News, u Commie cock sucker

[Anonymous No.19295582]

>>19295425
Thanks anon
>>19295512
I'm will too now. Didn't think it would've become such a mess.

[Anonymous No.19295593]

>>19295523
you know, since i am on another continent, i dont really care personally what happens to burgerfags like you. but it really bothers me, that through the death of a good chunk of your population, i cant safely invest into your markets, without risking severe losses. thats what sucks.

[Anonymous No.19295603]

>>19295559
Your positions are going to get snib snabbed for posting this.

[Anonymous No.19295604]

>>19295087
>and is considered very bad
The absolute state of our "healthy" economy.

[Anonymous No.19295613]

>>19295438
>Today the European white is almost a prisoner in his own country, and even the most basic accessories his ancestor would have taken for granted, such as wife and children, a rifle, or a house of his own, remain in many cases distant dreams

The kind of idiots who fetishize colonial Europe don't ever seem to realize they are plebians comparing themselves to royalty.

>Our forefathers had the whole world at their fingertips, Zanzibar and Tsingtao, Kapstadt and Freeport, Algiers, Beirut, and Baghdad, Singapore and Jakarta.

YOU'RE forefathers SURE AS SHIT didn't have the world at their fingertips. You're forefather probably toiled on a farm while the ruling class convinced others to kill themselves to uphold martial law in far away lands. If you compare loyalty back then to loyalty now, they are massively better off to the point that they no longer even have to be materially involved in order to ensure their continued wealth. What a whole bunch of economists realized is soft power is far more favorable to hard power as its more economically stable (No More expensive conquests and wars). Why would you spend time and money moving people to rule over baghdad when you can you install a local puppet rule and then loan him 1 billion dollars at 7% interest? You are looking at colonialism through very rose tinted glasses as some sort of higher right, when it never went away - it got highly optimized.

Loyalty in the past and now never gave a FLYING FUCK about owning land, it was all about owning resources. You think any diamond mine in Africa isn't owned by the west? Why the fuck would you spend your own money setting up a colony in fucking Africa where no one wants to live, when you can have the locals do the work for you under the guise of "independence" and still collect the lion's share of the profits.

Stop pretending that if you lived in the early 1900s that would be some elite rule if you are too dense to understand how colonialism works today.

[Anonymous No.19295617]

>>19295559
I don't care use actual terms instead of the dumb autism shit. anyone who uses the word bear and bull in a post is immediately ignored by me. go play with your penny 3 figure portfolio dont @ me

[Anonymous No.19295619]

>>19295565
>Because the virus is Fake News, u Commie cock sucker
how is it always the old and obese farts saying exactly that

[Anonymous No.19295631]

>>19295603
I'm holding shop @ 90 fuck if I care at this point

[Anonymous No.19295640]

>>19295438
based white supremacist nostalgic retard.

>19th and 20th centuries had far more opportunities for life fulfillment given to the white man.
>European white is almost a prisoner in his own country
You got a real fucking fetish for the past there. The average man was pretty much equally boned back then. The only semi valid point is the price of housing increasing. Any slob from those centuries would gladly trade their lot for your current position in time.

[Anonymous No.19295642]

>>19295559
mad bobo detected

[Anonymous No.19295650]

>>19295593
Would the Eurotrash please go suck of Ahmed and leave /biz/ ? Don’t you have your own French language *chan to diddle around in, u socialist cocksucker?

>>19295559
>@
Go back to Bloomberg chat, spergling

>>19295523
>>NOOO NOT MY AIRBORNE AIDS THAT KILLS ON AVERAGE 80 YEAR OLD OBESE BLACKS AAAHHHHH
>Please make a /chinese cold/ general where you tell each other how to build underground bunkers and hoard silver coins.
+++ LOL +++

[Anonymous No.19295652]

>>19295468
>as long as the stock issuing companys actually have employees,
You go and check right now how much of any of these companies are owned by employees.

> maybe not extremly fast, but it will get faster in time, leading to what i described.
So we have slower inflation, maybe 1-3% which is what we've always had? Ok, I don't see the problem here.

[Anonymous No.19295676]

>>19295593
Jokes on you. I am not an American either and I have 0 USD positions.

[Anonymous No.19295682]

Don't be fooled by this "recovery." Make money on the way up, but don't get greedy, don't get complacent. We are entering a period of major changes and the markets are not done moving. It took a year for the 2008 crash to really happen, financials are worse and more widespread and the government has already spent 3 times as much to stop this crash. Just be ready, pay off your debts, take cautiously bullish positions, and be ready to switch strategies when the rug is pulled.

[Anonymous No.19295717]

>>19295650
>socialist cocksucker?
guess why i want your markets not to fail, you damn inbred imbecile
>>19295652
>owned by employees.
do these companys pay their employees?
>So we have slower inflation
yes, around 5-10%, increasing more and more over time. and no, it wont be seen as inflation when compared to other currencies, since they will inflate as hard or even harder, but you will start paying with more and more 100 dollar bills

[Anonymous No.19295732]

>>19295676
how do i know that you have slit eyes

[Anonymous No.19295749]

The problem with our whole economy/employment situation is the education system/job requirements. Unless your wanting to be a teacher/doctor/lawyer/scientist pretty much all other "normal" jobs you see people doing does not nor should require a college degree that costs what a nice decent sized house did in the 1970's/80s. I kid you not, my childhood home was nice and mom bought it for 40,000. In the early 80's. So pretty much from the moment you graduate H.S at age 18 your buried up to your ass in debt thanks to college. You spend all your 20's and a decent part of your 30's paying it off. Also paying off a car, a house (if you can afford the payments),other bills. So yeah pretty much your fucked till you hit mid 30's. Most people get married at 30 now. So your free of the college debt, your married, your finally saving some green. Then at 40, the divorce, the lawyers, the kiddie payments. Your fucked again. All that hard work and half your shit, gone. You spend the next decade trying to rebuild it all. Finally at 65 your able to retire, not as much saved as you'd like cause you know "life events" but at least you can finally relax. Wrong.. health issues start to creep up on you... Your fucked for a 3rd time. This is the modern person's life in a depressing nutshell

[Anonymous No.19295759]

>>19295682
whats does this faggot gain from warning people of another crash? he only got rich in the first place because he did the opposite of what the others did. He is a huge scammer.

[Anonymous No.19295764]

>>19293646
Kek screen capping this retard.

[Anonymous No.19295765]

>>19295717
>do these companys pay their employees?
Are you implying that the majorities of employees are paid in stock, or are you implying that employee salaries are paid with operating cash flow? Do you know what a stock is? Are you seriously implying that when a hedge fund manager buys a stock that money is used to pay a walmart cashier's salary?

[Anonymous No.19295778]

>>19295071
nah that's not how VXX works

[Anonymous No.19295811]

>>19295778
okay stay poor kumar
https://m1.finance/a0vxhW6K6v41

[Anonymous No.19295818]

Can’t wait til Tuesday to buy more airline stock.

[Anonymous No.19295838]

what time do futures open for monday?

[Anonymous No.19295847]

>>19295818
>https://m1.finance/a0vxhW6K6v41
>30% returns in year on $100

Why is /smg/ so much poorer than r/wsb? Does m1 even let you trade options

[Anonymous No.19295865]

>>19295759
What retail investors do doesn't even affect him. Hes just giving good advice thats been said a hundred times. Anyone who can think for a minute can tell massive unemployment and closed businesses is bad.

[Anonymous No.19295867]

>>19295818
fartline fox

robinhood cucks me every time i have like 6 orders for tuesday and i bet none of them go through and it moons before i get to do it manually

[Anonymous No.19295871]

>>19295765
ok, to get it into your brain before i go to bed:
the unproductive employee gets paid by his company. the unproductive company gets financed by the fed. the unproductive company should go bust, because its employee is unproductive, but since it doesnt, the employee keeps being unproductive while getting paid. the unproductive employee meanwhile, while not contributing to the economy with his work, keeps consuming everything he wants to, since its a "free" market. now take this times a few million and see what happens.

[Anonymous No.19295873]

>>19295682
>Don't be fooled by this "recovery." Make money on the way up, but don't get greedy, don't get complacent. We are entering a period of major changes and the markets are not done moving. It took a year for the 2008 crash to really happen, financials are worse and more widespread and the government has already spent 3 times as much to stop this crash. Just be ready, pay off your debts, take cautiously bullish positions, and be ready to switch strategies when the rug is pulled.
+1

Based and redpilled

Watch out for blackpilled anarchists and indigopilled socialists screwing up /biz/

>>19295749
If you think it is bad in the U.S., read about living in Hong Kong - talk about sardines packed in

[Anonymous No.19295894]

>>19293877
Why does chink stock affect US at all?

[Anonymous No.19295897]

>>19295847
do you know how to read?
>"Returns based on an initial deposit of $100."

[Anonymous No.19295925]

>>19295865
> Anyone who can think for a minute can tell massive unemployment and closed businesses is bad.
Another great retrodiction by big brains in this thread. Unfortunately, we're not investing into the past.

[Anonymous No.19295998]

>>19295925
What are you saying? Thats 30 million unemployed is going to HELP the economy? That massive crushing debt is good for business? That infinite QE will save us? If those things were good, why weren't we already doing it? Let me guess "market isn't the economy!" Such a tired misused phrase. You like to pretend you are smart, but you just repeat whatever bullshit your Twitter friends or media talking heads say. Anyone can research the state of the world economy and the writing is on the wall that changes are coming, and yet you refuse to do so in order to pretend like you're some genius, like the million other retards parroting the same garbage you do.

[Anonymous No.19296002]

Niggers at work have started talking about stocks again. The last time they were talking about stocks was at the end of January. I'm thinking the top is in. I expect a drop in the next 2 months. Don't buy AZN.

[Anonymous No.19296010]

>>19295871
Your example is braindead.

1. Are you now implying that the unproductive employee would be unemployed forever had his company gone bankrupt?

2. The FED printed trillions which largely went into QQQ. Are you implying that the largest 100 tech companies are unproductive? Facebook, Google, Microsoft, and Amazon, which has seen the largest share of the gains are unproductive? Are you thinking critically about what you are saying?

Google and FB are now sitting at ATHs despite that advertising spend has cratered. This is clear asset inflation - not monetary.

[Anonymous No.19296011]

>>19295894
Hot money. Leverage. Bribes. Real estate. Dirty deeds done dirt cheap.

>>19295867
>robinhood cucks me
What did u expect from a Zoomie company?

[Anonymous No.19296018]

>>19295894
Well considering most of modern life's things are made over there a pretty good deal. To a lessor extent, Mexico's another place a lot of shit gets made as is a bunch of shit holes you've never even heard off unless you look at your clothes label. "made in xxxxxxx"

[Anonymous No.19296020]

Say something nice about my portfolio

[Anonymous No.19296026]

>>19295998

[Anonymous No.19296035]

>>19295613
Your pic reminds me, I need to look in to tattoo removal tech development. That's going to be a winner when all these zoomers head towards middle age. Pretty sure there will be a surge in demand for good tattoo removal.

[Anonymous No.19296037]

>>19295998
I'm making 3x what I made at m former job on unemployment...

[Anonymous No.19296049]

>>19295998
>What are you saying? Thats 30 million unemployed is going to HELP the economy?

No, that 30M unemployed is already priced in. Do you think people buying and selling stocks today somehow don't know that there are 30M people unemployed? This is exactly what he means by "we're not investing into the past". 30M unemployed is old news, everyone knows that already. Why would 30M unemployed somehow move the markets a second time?

>and yet you refuse to do so in order to pretend like you're some genius,
ironic, coming from someone who thinks he's only one that knows that we hit record unemployment. Keep waiting for the market to "wake up" and realize what it has already known for months.

[Anonymous No.19296057]

>>19295847
>Why is /smg/ so much poorer than r/wsb?
go back and stay back

[Anonymous No.19296118]

>>19295998
take >>19296049 with a grain of salt bro.
he doesn't know how to read or understands volatility works.

[Anonymous No.19296123]

>>19296037
For how long? Will you be able to get a job after that?

>>19296049
> thinks he's only one that knows that we hit record unemployment
Wrong, obviously every knows it. The problem is some people like yourself claim its priced in and everything is fine. Why didn't we fire 30 million people last year to boost the economy 30%? We are at the same valuations as last year, are you saying we priced in 30 million unemployed last year too? Nobody can ever answer these questions. Why didn't we do all these measures BEFORE to create this new ultra economy? The obvious answer is that they are NOT good things and the market is going to reflect this in the near future.

[Anonymous No.19296126]

>>19295468
Yes it is. The stock will go up, meanwhile the rich in the companies will not raise compensation in line with inflation.

[Anonymous No.19296138]

Uh, bros?

[Anonymous No.19296142]

>>19295811
take VXX out and try again
(the performance will be better unless M1 is doing some fuckery with the old VXX before it was re-rolled)

[Anonymous No.19296151]

>Start seeing normies wanting to rebuy into the market
>All indicators are really fucking bad
>You can't even go out to restaurants in the majority of the country

It's going to go sub 20 again isn't it?

[Anonymous No.19296173]

Feeling good that I bagged RTX @ a bit past 53. Already made nice gains on it. Not that I'd ever sell it of course. Steady stream of Govt money to keep that divvy nice and healthy till hell froze over. Unless world peace came to be a global thing (that's a laugh)

[Anonymous No.19296184]

>>19296151
yes

[Anonymous No.19296196]

>>19296123
I a actually have two jobs now and I arranged things with them to not make enough to lose unemployment. Should be able to swing it 'till august.

[Anonymous No.19296198]

>>19296138
>Everyone thought WW3 would be US and China or US and Iran or US an Russia
>No, it was Greece and Turkey

[Anonymous No.19296210]

>>19295998
I'm starting to think tens of millions unemployed is unironically bullish for America. A lot of people are working dogshit jobs for unlivable wage, how many jobs only exist to make wageslaves work at them?

[Anonymous No.19296216]

>>19296020
It comes in OCD divisions of 100. I approve.

[Anonymous No.19296222]

>>19293395
J shaped recovery. the collapse of the PRC and the EU leads to a new century of renewed and strengthened american hegemony and economic dominance.

[Anonymous No.19296237]

>>19296173
cashing into rtx too at end of the month

[Anonymous No.19296246]

>>19296173
nice buy qt pie

>>19296216
I don't have 100 of any stock in any of my play money portfolios...
I probably have about 100 different stocks total between them though
I'm playing the w i d e game

[Anonymous No.19296251]

>>19296123
>Why didn't we fire 30 million people last year to boost the economy 30%?

Are you delusional. When the market realized the economy was going to go to shit, we flash crashed down 30%, and hit 2 circuit breakers on way way, erasing 3 years of market gains in 4 weeks, with no signs of stopping.

In *response* to that the FED printed trillions to restore asset prices. So yes the 30% unemployment PLUS the Fed printing is PRICED IN. The reason why we are at the same valuations as last year is because the Fed is printing money non stop to hold up the economy. There I answered your questions for you.

>The obvious answer is that they are NOT good things and the market is going to reflect this in the near future.

And this is false. Nobody currently knows what the impact of the Fed holding a multi trillion dollar balance sheet and its not a given that this will affect the market in the near future. The Fed printed a shitton of money after 2008, and the market went on a 12 year bull run, so saying the "market will reflect this in the near future" is completely baseless.

[Anonymous No.19296259]

>>19296138
bullish

[Anonymous No.19296266]

>>19296020
how the fuck are you red on carrier lmao I'm up 40%

[Anonymous No.19296281]

>>19296123
>Why didn't we fire 30 million people last year to boost the economy 30%?
where did the economy grow 30% you retard? the dow crashed and now its recovering but its still lower then before the crash

[Anonymous No.19296297]

>>19296151
huh, i thought restaurants were already reopened in majority of the US, and still "take out only" in the cucked blue states like CA.

unrelated but funny they call it the money factory:
https://www.moneyfactory.gov/home.html

[Anonymous No.19296301]

>>19296251
>>19296251
>The Fed printed a shitton of money after 2008, and the market went on a 12 year bull run

not him but this is misleading. the economic output actually increased 09 onward. we are expecting a drop this time

[Anonymous No.19296323]

>firms use downturn to leverage automation and purge zombie employment
>money printer keeps zombie companies alive
I just don't see how the Fed can win against the ever growing deflationary pressure of technology

[Anonymous No.19296324]

My mom and sister have been shopping the entire day. My state just opened up. This is going to be a V shaped recovery and Bears are going to be eternally BTFO.

[Anonymous No.19296327]

>>19296301
how do you measure the economic output that doesnt even make sense

they didnt even know how many people had coronavirus they just make up all these num bers

[Anonymous No.19296351]

>>19296251
The federal reserve actions were not in response to the market price movement, but in response to the issues in the bond market and the threat of collapsing consumer spending.
the Fed doesn't care if the stock market crashes, their concern is to keep the economy from malfunctioning.

the Fed actions have the side effect of buoyancy in equity prices, but that isn't their aim or their job. If the S&P falls 50% and the economy is strong (or at least functional) (and interest rates and inflation are stable) ,they don't really care...

[Anonymous No.19296357]

>>19293332
Fidelity transferred my brokerage account from usaa for free ( margin account , 30k)

[Anonymous No.19296364]

>>19296324
what stores tho, what are they buying
we need intel

[Anonymous No.19296366]

>>19295266
Nice cope already for the upcoming correction

[Anonymous No.19296377]

>>19296351
Thanks for the explanation, but it's irrelevant to my point. I didn't meant to imply there was a direct correlation between fed action and the stock market, only that fed action prevented (as a side effect) from markets crashing further.

[Anonymous No.19296392]

>>19296251
Did you forget we recovered nearly all of that crash already? Youre saying that once the FED stops, we go right back down to 220 SPY again. You're so busy pushing "priced in" and "market isnt the economy" so see the clear indicators of problems. Yet we are at nearly the same levels before a crisis? There is no reasonable person that would say you're better off after your house burned down, yet here we are pretending fire insurance (the FED) will make everything better.
>12 year bullrun
We will soon find out how real this bullrun was. The market doubled, yet everything is more expensive and people are paid less. Remember when the FED tried raising rates and the market had a tantrum? Its because companies are leveraged beyond reason and raising rates means they would not be able to pay their ridiculous loans they used for stock buy backs. The market doubled, yet everything is more expensive and people are paid less

>>19296281
Have you noticed we are at $300 SPY again? We just crashed so hard that we forget we recovered 80% of it in a few months.

[Anonymous No.19296395]

>>19296351
>>19296377
Actually re-reading my post, I did. My bad. When I said

>FED printed trillions to restore asset prices.

That was incorrect, what >>19296351 is more accurate

[Anonymous No.19296402]

>>19296251
Start reading more about 2008 and what monetary the FED did in 2008 and how the market reacted. You are full of shit.

[Anonymous No.19296421]

>>19296351
>the Fed doesn't care if the stock market crashes, their concern is to keep the economy from malfunctioning.
The rate at which the Fed announced new or growing tools to "address" the crash were so fast and furious the only indicator that could have had was stock prices.
Then they first promised and then bought high yield bond etfs, basically picking winners. It is disingenuous to think they weren't looking at stock prices.

[Anonymous No.19296431]

>>19296323
>I just don't see how the Fed can win
Are you stupid?

Dude, the Fed has the cheat codes, man. No price point is safe. They can insta print fiat on demand to buy up any asset.

Or the DEA or the CIA or the state popos will just seize your assets if you don’t play ball.

[Anonymous No.19296432]

>>19296392
>We just crashed so hard that we forget we recovered 80% of it in a few months.
then it still didnt grow 30% but still is -20%, why are you lying?

[Anonymous No.19296447]

>>19293592
Im siding with this gaboy.

Keep buying forever for the next 20 years. Then you can be rich and fuck 20 year olds.

[Anonymous No.19296464]

>>19296377
>>19296395
he was still wrong to say
>Why didn't we fire 30 million people last year to boost the economy 30%?
and whatever other 'zoomer's first zerohedge article' points he was trying to make, so I was just trying to clarify the fedres parts

>>19296421
the first indicator was the spreads in the bond market which they first communicated about and then addressed directly
if you weren't watching the bond market closely in mid March you didn't see it. But most people aren't watching order books and trades in the bond market daily. The stock market index prices are very visible, anyone can see those. So that may lead to the belief that the stock index numbers were their main focus. This isn't correct.

[Anonymous No.19296468]

>>19294506
>Deutschesprache
Geht
Dieses ist eine Amerikaner Marktplatz.

[Anonymous No.19296480]

>>19296138
bryced in
only green days from now on

[Anonymous No.19296509]

>>19296464
broadly how does a system of constantly selling things that cost money to the seller and financing their sale by selling more of them a sustainable system
or are these not government bonds

[Anonymous No.19296531]

>>19295998
The closures and consequent unemployment and market panic were due to uncertainty about the Chinese cold. We now have the data and the governments around the world are deciding to reopen businesses. Governments around the world have been buying up corporate bonds and sending out cheques to keep things afloat. Now without mental gymnastics what do you happens next month, next quarter, next year, etc.?

[Anonymous No.19296534]

>>19296392
This is precisely why people say the market isn't the economy. Do you know that SPY is made up of the largest 500 companies in the world? You do realize that everyone expects the largest 500 companies in world to weather the storm and come out the other head with just one or two bad quarters. Are you really arguing that Google's stock is going to have another massive leg down?
Do you know that most stocks outside of SPY & QQQ are still in the shitter? The Russell 2000 is still 20% down for the year and is trading at 2016 levels. Airlines are down 60%. We have for sure as shit not "recovered nearly all the crash" given that the broader market is pretty much still in recession. Your entire premise is wrong.

Yes 30M unemployed, but the majority of the unemployed were working for small businesses and not the S&P 500. When we start seeing layoffs in another tax bracket then you can start screaming about unemployment numbers not reflecting SPY.

[Anonymous No.19296540]

Survey:

If you're currently short or in cash what would have to happen to make you go long?
If you're currently long what would have to happen to make you go short or in cash?

[Anonymous No.19296542]

>>19296035
The one on my watchlist is Solition but I don’t trust this shit at all. I think it’s mostly an fda approval play.

I don’t actually expect this business to boom as old values return. I expect tattoos to become more of the norm. I don’t like it, but that doesn’t matter.

>>19296011
Based D^4

[Anonymous No.19296551]

>>19296432
Right here
>>19296281
>where did the economy grow 30% you retard?
Did you look at March 23 to now?
>295/222 = 32% recovery from the bottom
>295/340 = 15% down from peak
>(340-222)/(295-222) = recovered 61% of the total loss
Just stop believing the media lies and do your own math and research. Its all fake anyway.

[Anonymous No.19296599]

>>19296531
>>19296534
Why is is so hard to believe that 30 million unemployed is bad? Why is it hard to believe that over leveraged companies are bad? Why is it hard to believe that QE is bad? Why can't you explain why these things are NOT bad? Why is it hard to believe that "priced in" and "market isn't the economy" is a convenient lie? You guys are trying to rationalize an irrational market.

[Anonymous No.19296620]

>>19296542
>I expect tattoos to become more of the norm.
In short term I agree. This is more of a ways in the future idea. Talking ten or twenty years even. Fads are always cyclical. Tattoos will eventually come back around to being unfashionable.

[Anonymous No.19296635]

>>19296509
Federal reserve actions were taken across the entire bond market.
This includes bonds issued by the government (for the federal government, these are treasuries) and companies.
To keep it short and oversimplify it, the bond market is absolutely huge. The difference between the prices that bond sellers wanted and the price that bond purchasers were willing to pay was widening, and the amount of transactions was slowing down. That can lead to very bad consequences for a lot of the participants on both sides. So the FedRes stepped in to buy bonds onto their asset sheet to keep things moving (they added liquidity to the markets). When other actors saw that the fed was in the game, they relaxed a bit and started buying/selling more naturally, and things kept functioning.

You can read more about it from their press releases or any other source (a google.com search of "federal reserve 2020" or "bond market" or whatever).

If you're asking "how is the bond market sustainable", you should just search google for "bond" and start there. Debt is how companies sustain their operations, which usually works out, but sometimes doesn't.

[Anonymous No.19296665]

Okay so basically nothing happened today?

Why does robinhood hold onto my cash after sales for so long? I know they use stored cash for interested but damn man.

[Anonymous No.19296666]

>>19296620
I've also thought about semi-permanent tattooing. Some kind of slow solubility ink, or UV vulnerable ink, that results in a tattoo slowly disappearing over the course of five or ten years.

[Anonymous No.19296684]

>>19296665
>Okay so basically nothing happened today?
Is Saturday?

[Anonymous No.19296702]

>>19296540
that's a silly oversimplification, I'm never 100% long or short or in cash
events that happen can change our positioning; if a bad thing happens in a way that might impact one of my stocks, I might sell that stock. Or I might buy more. But I can't give you a simple answer

>>19296665
you're trying to transfer cash out to your bank account?
that only happens on business days (Tuesday and after)

[Anonymous No.19296708]

>>19296551
>>19296392
>>19296620
You happeners are looking at indices which include e-commerce and tech. People have been betting on e-commerce because they think they should do well when people are told not to go to regular stores. Meanwhile banks and REITs are not far off the bottom.

I keep reminding you happeners the same thing every weekend. Indices have risen but individual sectors that may still be affected like commercial REITs and banks have been crabbing.

I don't know where you people come from but this is a stock market general where we discuss stocks not personal schizophrenic paranoia. Please make your own general where you talk about effectively investing in the /wu flu/.

[Anonymous No.19296714]

>>19296665
It's unsettled cash because stock transactions take a few days. Assuming you have a cash account.

[Anonymous No.19296715]

>>19296018
Insignificant. Bring manufacturing home or to India and watch the market soar again through the misery of the chinese.

Shit is going to be glorious. Communist scums.

[Anonymous No.19296726]

>>19296666
noooo
don't get a tattoo, you're already pretty the way you are

[Anonymous No.19296727]

>>19296702
naw like "withdrawable cash" is still at $0

I'm pulling out everything, only losing money trying to do some day trading.

so unless AMD has a massive crash Ima just sit on my cash until I get a job.

[Anonymous No.19296731]

>>19296726
I don't want a tattoo. Talking about ways to make money off tattoo fad and later fall off of tattoo fad.

[Anonymous No.19296734]

>>19296708
Meant for
>>19296599
Not the tatoo post.

[Anonymous No.19296744]

>>19296715
Based and redpilled

[Anonymous No.19296751]

>>19296727
"withdrawable" in this case means the same thing as settled
I think that happens 2-5 business days after you sell
but nothing happens on the weekends or after business hours in most of the financial system, we just have to accept that

>>19296731
good :D

[Anonymous No.19296755]

>>19296551
are you this guy? you are reminding me of this chink

[Anonymous No.19296773]

If I see a stock is consistently growing day after day, week after week, and I bought in at it's absolute lowest point, is it wise to just keep buying despite the current price, or should I be waiting for another dip? I've been holding off, but feel like I'm missing a lot of potential growth

[Anonymous No.19296790]

are small caps fucked or should I stay in XSHD

[Anonymous No.19296792]

>>19296599
>Why is is so hard to believe that 30 million unemployed is bad?
I never said 30 million unemployed is bad.

>Why is it hard to believe that over leveraged companies are bad?
Never said this either

>Why is it hard to believe that QE is bad?
This is debatable - but as Japan is showing, even if QE is bad for the economy, it's not bad for the stock market (NIKKEI is up since 2001, excluding 2007 crash).

>Why is it hard to believe that "priced in" and "market isn't the economy" is a convenient lie?
Because it isn't a lie. Take your QE example, after Japan implemented QE in 2001, and the West again in 2008 we saw stock market growth. But what happened in Japan - the economy became stagnant, their birth rates crashed (due to economic uncertainty in adults), and real wages fell. However, the NIKKEI rallied 30% from 2001-2007, and again 100% from 2009 to 2020. If you believe that the "market IS the economy", how do explain Japan's garbage economic output vs. their stock market returns?

>You guys are trying to rationalize an irrational market.
No, you are the one trying to rationalize an irrational market. You've taken a simple model (unemployment bad, so market must go down) and you are the one wondering how come reality isn't reflecting that. No one is arguing that having large amounts of unemployment is somehow a good thing. What they are arguing is that knowledge may not affect market prices (or more accurately has ALREADY affected market prices), and that what is good for the market isn't necessarily what is good for the economy.

So for those of us who are trying to make money on the stock market, saying something like "there's 30M unemployed, so the market could go down" is moronic.

[Anonymous No.19296807]

>>19296800
>>19296800
>>19296800

thread

>>19296800
>>19296800
>>19296800

new

>>19296800
>>19296800
>>19296800

thread

>>19296800
>>19296800
>>19296800

>>19296800

>>19296800

>>19296800

[Anonymous No.19296810]

Anyone check out Paulson’s Foreign Affairs magazine piece about the dollar’s status as world reserve currency?

>>19296684
I’m gonna need more QTs getting all creamy.

[Anonymous No.19296812]

>>19296599
Welcome in a hopium driven stock market. Neither was the flash crash justified in march, but then again it was driven by fear. Let the stock market find its current true value, it is hard to value it correctly and volatility aka emotions are on the top.

[Anonymous No.19296848]

>>19296790
Small caps are weird right now. Like a relief rally or something.

[Anonymous No.19296851]

>>19296773
I am cautiously bullish, we will probably see more "recovery" but its unstable and could change directions at any moment. Look at 2007 before the 2008 crash. (Highlight is Jan 2007 to Jan 2010)

[Anonymous No.19296878]

>>19296392
Why do people think printing money is bad lmao?

I advise you watch some simple "how economies work" videos on youtube.

[Anonymous No.19296933]

>>19296792
You must have jumped in later, I didn't say the market is going down NOW. The market is clearly headed up (or sideways) and I am cautiously bullish. I am telling people don't get caught up in all these fake memes about recovery. The world economy has changed and not for the better. There are no scenarios in wich high unemployment and crushing business debt is good. There is going to be pain, its only a matter of when and how much and for whom. But in the mean time there is nothing wrong profiting from misplaced hopes of a recovery.

>>19296878
>there is only one type of economy
>printing massive amount of money isn't bad! Ignore the fact we only do it in emergencies.

[Anonymous No.19297078]

>>19296933
You have an odd way of looking at things.

We're talking about one type of economy, an economy capable of printing money. This can be applied to the USA, UK, EU, etc.

Printing money is a mechanism used during times of stress. While the situations that take us to print money are bad, printing money is not inherently bad depending on how it is balanced with other factors.

My advice to you is, stop rationalizing so much and seek higher education.

[Anonymous No.19297488]

>>19297078
>seek higher education.
You think studying economics in school has a payoff?

[Anonymous No.19297552]

>>19296297
This. Democrats are going full retard mode.

[Anonymous No.19297712]

>>19297552
Don't remind me. I'm afraid for my father's business since LA doesn't want to open up till there is a vaccine.

[Anonymous No.19297749]

My take: don't let it worry you. Long as you buy the dip or dca down why should you give a shit. Take all the govt money they dish out. Enjoy life. A lot of people are getting free vacations from this.