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/biz/ - Business & Finance

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7332871 No.7332871 [Reply] [Original]

HAPPENING edition

Popular brokers for stock trading:
Robinhood
>commission free and no minimum to open
http://www.robinhood.com

> How is it free?
Robinhood earns revenue by collecting interest on cash/securities and fees from their Robinhood Gold service

> It's been X days, why isn't my account verified yet?
Not being approved in 3 days seems to be the new norm. Nevertheless, call/email their support if you've been waiting more than that.

> When is it coming to my country?
The only "plans" are on an Australian and Chinese beta. Neither of which has gained much traction.

Interactive Brokers
>$1 commission per 100 shares. $10k minimum to open, $3k if 25 or under. Lowest margin interest.
http://www.interactivebrokers.com

TD Ameritade
>$6.95 commission per trade. No minimum to open. Fantastic data/charting through their free ThinkorSwim service
http://www.tdameritrade.com

Degiro (Cheap broker for Europeans)
http://www.degiro.eu

Free in depth charts:
http://www.tradingview.com

Premarket Movers:
http://www.nasdaq.com/extended-trading/premarket-mostactive.aspx

Earnings Report Calendar:
https://biz.yahoo.com/research/earncal/today.html

Biopharma Catalyst Calendar:
https://biopharmcatalyst.com/

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

S&P 500 VIX Futures (For XIV/UVXY, higher is better for UVXY, lower is better for XIV)
https://www.investing.com/indices/us-spx-vix-futures

Previous >>7317498

>> No.7332945

COWAAARDS

>> No.7332972

not 1st

>> No.7333008 [DELETED] 
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7333008

>> No.7333017
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7333017

When will this shit end?

>> No.7333025

Got my tax return today, should I throw a couple hundred at the dips or hold a little longer?

>> No.7333068

>>7333025
Id say wait till next week

>> No.7333100

1st for robinhood still hasn't verified me or responded to my email

>> No.7333120

>>7333068
Aight, I got Zapplesauce to order anyway

>> No.7333122

24871 closing price to watch for over/under today

>> No.7333127
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7333127

HE

HAS

SPOKEN!!!!!!!!!!!!!!!!!!!!!!!

>> No.7333131
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7333131

>rsys
bought in at 83 cents on friday
only down 3 cents

Possible dump tomorrow since ER is on the 7th.

>> No.7333186

>>7333127
now this is just BTC-tier delusion talk

>> No.7333189
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7333189

>>7333127

>> No.7333212
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7333212

>>7333127
>don't sell at a loss

>> No.7333230

>>7333127
makes me think

>> No.7333259

>>7333186
yeah, he sounds like a moron when he says this

>> No.7333266

>>7333008
>notices bulge

OWO

>> No.7333277
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7333277

Violtent volatility and dow algo sell offs individual stock holders can get raped, badly as some sectors are hit with ultra violence

>> No.7333292

>>7333127
fuck that degenerate

>> No.7333311

holy shit

DOW bounced 2% in the last 20 minutes

>> No.7333315

whew what a ride today boys

>> No.7333336

dow bounced off the 100-day average nicely

>> No.7333339
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7333339

>>7332871
I just bought another 50 shares of AMD at $11.15
I'm not giving up boys, BUY THE DIP

>> No.7333360

>>7333311
lots of bad traders got burnt and will get burnt coming weeks. they dont take in count spike selloffs

>> No.7333429
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7333429

What trickery is this?

>> No.7333462
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7333462

basically mean reversion algos got burnt earlier with vertical climb and then just when they switch off there comes the spike sell offs destroying trend followers algos/hedge funds annual gains completely

>> No.7333536

it's about time we get a purge of leveraged etf players and vix shorts, way overdue

>> No.7333593
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7333593

>>7332871
ALL OF YOU CALM THE FUCK DOWN
I REPEAT
>CALM
>THE
>FUCK
>>>DOWN!!!!!!!!!!!!!!!!!!!!!!!!!!!
We just came off the longest rally in the history of the stock market, and it isnt even at correction level down!
FOR FUCK SAKE KIDS WE ARE UP 6000 POINTS FOR THE YEAR!
THIS FUCKING PANIC IS BULLSHIT AND IS BEING USED BY THE KIKES TO MAKE TRUMP LOOK BAD
>WAKE THE FUCK UP
Nothing has fucking changed!
Trump took over when the dow was at 1900
its now at 24000
thats 5000 points in one fucking year!
that has never happened before
AND BY THE WAY
NEWS FLASH
THE TAX BILL STILL PASSED
this means almost every US company now has 14 percent more capital to invest in their companies.
know what that means boys and girls?
it means lower prices
more advertising
higher production
and more jobs
and most importantly
IT MEANS EARNINGS ARE GOING TO GO THROUGH THE GOD DAMNED ROOF!

NOT TO MENTION THE INFASTRUCTURE BILL THAT WIL LITTERALLY AD TRILLIONS OF DOLLARS OF VALUE TO THE CONSTRUCTION SECTORS

This isnt a fucking crash
its a fucking buying oppurtunity
Want to not have a shit day?
Take out some money from savings and put it into US Steel
Its at 35 dollars a share
according to the futures of the company gives it a 1:9 PE ratio
It will get better earnings from both taxess and infastructure and you can all stop being fucking pussies about 4 percent downs and start acting like adults
FUCK

>> No.7333594

>>7333462
could you go into this more deeply?

>> No.7333598

>>7333536
leveraged etfs are not used for short term trading that much. 2x is most popular, something like that, no effect on those

>> No.7333659

>>7333598
2x and 3x are more popular bc they can give the "most gains"

>> No.7333703

What are the short to mid term prospects for XXII? I think this may be a good time to get in, but I'm a newfag so I'd value some other opinions on that.

>> No.7333707
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7333707

cycles man

>> No.7333714

>>7333659
they dont fit for volatile assets but sp500 is low volatility so 2x holding in many periods is fine

>> No.7333812

there's still time left, we could close on day low. europe is going to get absolutely murdered tomorrow

>> No.7333831

SHIT SHIT SHIT

>> No.7333908

>>7333127
>hehe...hodl goy

>> No.7333929
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7333929

OH MY GOD WE ARE GOING DOWN AGAIN

>> No.7333936
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7333936

You guys are children. There is nothing wrong with the stock market. It's fine.

>> No.7333968
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7333968

HE HAS

SPOKEN!!!!!!!!!!!!!!!!!!!!!

>> No.7334011

>>7333593
this isn't a left vs right fotm meme thing, some of us have been expecting this for years

>> No.7334020

where is it realistically gonna go if it closes at something like -4%?

>> No.7334027

>>7333593
Finally someone who gets it

>> No.7334036

down a 100 now the S&P now

>> No.7334087

>>7333968
Holy shit the fatfurfags in /trash/ are gonna love this

>> No.7334101

>>7334011
expecting what? a correction? because we arent anywhere close to bear market territory

>> No.7334195

I guess the question is, is there enough cash waiting in the sidelines when more people start panic selling?

>> No.7334211

>>7334195
theres infinite money

>> No.7334272

>>7334211
yeah right, almost forgot

>> No.7334313

>>7333593
the dollar is going to crash

>> No.7334361

I don't see anything fundamental in this. VIX has to go back down in a day or two

>> No.7334389

we're accelerating now

>> No.7334429

>>7334272
you need to think like, 100 years in the future
these indexes are built for retirement, there will always be money pumped into them
All indexes of today will see 100x gains in 20 - 50 years

>> No.7334472
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7334472

Sold 20% of my UVXY today, so the market should be green tomorrow

>> No.7334492

>>7333339
Thoughts on AMD / NVIDIA ?

>> No.7334565

>>7333339
>buying the dip
>before a reversal even starts

>> No.7334582

Don't have any stocks, looking to diversify from crypto one of these days

Looking at Bayer, IBM, GM, Centurylink

Thoughts? I know nothing about stocks, but these seem good

>> No.7334632

>>7334429
most likely. the short term isn't looking very comfy though.

>> No.7334683

>>7333333
Don't mind me....

>> No.7334865

>>7333593
>this means almost every US company now has 14 percent more capital to invest in their companies.
>know what that means boys and girls?
>it means lower prices
>more advertising
>higher production
>and more jobs
>and most importantly
>IT MEANS EARNINGS ARE GOING TO GO THROUGH THE GOD DAMNED ROOF!

All of that is priced in.

>> No.7334878

>>7333127
Technically true as long Bitcoin won't get shut down.

>> No.7334900
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7334900

ITS STILL FALLING IN AFTERHOURS

>> No.7335178
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7335178

>>7334900
NOOOOOOO

>> No.7335281
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7335281

>yfw bull trap djia
>yfw jews are crashing the market with no survivors to spite drumpf
This wouldn't have happened if you had voted for Hillary.

>> No.7335299

>>7335281
I wanted this

>> No.7335302

NO
FAILURE IS NOT AN OPTION
HOLD

IT HAS TO TURN GREEN AGAIN SOMEDAY

>> No.7335375

>>7334472

Why the fuck didn't you sell it all? Do you not know how volatility works?

>> No.7335380

HOLY SHIT DUDE MOTHER FUCKING KILL ME NOW
THE MOTHER FUCKING VIX
THATS CATALYST #1

>> No.7335384

>>7335281
id suck dick to make this happen again desu.
no homo

>> No.7335412
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7335412

>>7335302
we're entering a new paradigm of eternal downmarket and poverty

sell now to ease the suffering

>> No.7335550

>>7335281
this has nothing to do with Trump or DA JOOS

this is just a normal fucking pullback after an insane bull run

>> No.7335565
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7335565

IVEEEEE
BECOME SO NUMBBBBB
I CAN'T FEEL YOU THERE
BECOME SO TIRED, SO MUCH MORE AWARE

>> No.7335568
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7335568

VIX +115%

>> No.7335588
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7335588

may i offer a book recommendation to half of biz

>> No.7335610

Guys VMIN went from $16 to $7 in under 30 minutes

>> No.7335672

>>7334492
/v/ here PC can get closer to being competitive with consoles I'm hoping.

>> No.7335673

>>7335610
nice, just bought 100K

>> No.7335718

all those short vol hedge funds and strategies, looked like genius for the past couple of years........welp the market got it's hook deep into them now

>> No.7335735

>tfw sold 500 shares of UVXY at 16.55 around noon because i didn't want to get to greedy...

>> No.7335826

i have seen UVXY turn around in the blink of an eye

there is nothing wrong with locking in profits

>> No.7335847

>>7335826
>>7335735

forgot your (You)

>> No.7335919
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7335919

>bought at $100.00 right before market close
FML

>> No.7336088
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7336088

another 9/11 better happen so I dont look like an idiot that lost all his money on penny stocks

>> No.7336100

>>7335919
F

>> No.7336106

Anyone use trading 212?
I'm thinking of starting to invest using this platform however I've no idea if it is any good.
Also has anyone used nutmeg, I've heard praise for that platform also.

>> No.7336120

XIV might get fucking terminated soon
https://sixfigureinvesting.com/2011/06/ivo-and-xiv-termination-events/
Down 45% already. 80% is day of the rope

>> No.7336125

>>7335919
why the fuck would you go short volatility? this whole fucking week is guarenteed red with everyone unwinding positions and moving into bonds in anticipation of rate hikes

>> No.7336155

>>7335847
ty for validating me and my strats

>> No.7336166

volatility gonna fuck a bunch of option people over tomorrow

>> No.7336210

>>7335919
at least you didn't buy VMIN

it dropped from $16 at close to $7 in after hours now

>> No.7336218

>>7335735
tfw was going to go long vol expecting a sell of at end of the week, but missed the boat not buying this morning

>> No.7336237

>>7335919
I was thinking about doing the same thing. Glad I didn't.

>> No.7336263

this is what you faggots get for tormenting us. I hope the entire fucking economy crashes.

>> No.7336358

UVXY at 30. I want the chaos gods to leave.

>> No.7336404

XIV down to $45 dollars right now

>> No.7336424
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7336424

>>7336358
WHAT THE FUCK IS GOING ON

>> No.7336444

>AMRS is somehow the sole green in the bloodbath
H-how?

>> No.7336450

XIV is actually going to get terminated isn't it

>> No.7336493

https://www.youtube.com/watch?v=wz-PtEJEaqY

>> No.7336513

>>7336450
down 65%

80% is when they have the right to close and liquidate

>> No.7336546

>XIV
Wew

>> No.7336600

Jesus Christ look at after hours on SVXY

>> No.7336605

>>7335375
Now you look like a fucking moron, anon.

>> No.7336760

sell your UVXY right now
this is insane
ran way too far

will correct before tomorrow morning

>> No.7336798

>>7336760
I buying XIV as soon as the market opens.

>> No.7336814

>>7336760
TO
THE
MOON

>> No.7336954
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7336954

>>7335919
RIP anon.

>> No.7336983
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7336983

>>7336760
I'm jerking off to UVXY right now to be honest

>> No.7337042
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7337042

Apple never recovered
156
why God? Why?

>> No.7337053

XIV down 70%

10% more and rip

>> No.7337054
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7337054

>>7336983
Chaos wins I guess

>> No.7337070
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7337070

>>7336954
HOLY FUCK IT'S STILL GOING

>> No.7337080

>>7336798
it won't exist by then

>> No.7337105

Is this worse than black friday?

>> No.7337109

>>7337054
Praise the chaos Gods, I'm happy for you Anon!

>> No.7337161

>>7337105
this is the biggest one day drop in the dow jones industrial average HISTORY

so arguably yes

>> No.7337197

>>7337161
https://twitter.com/CNBCnow/status/960612631651454977

>> No.7337256

>>7337161
Not really percentage wise though. The dow jones fell 22% on Black Monday. Today it fell 4.6%

>> No.7337268

>>7337256
yeah not percentage wise

just in raw numbers

>> No.7337292
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7337292

rolling the dice with XIV @ $37, curious to see what happens tomorrow (only $1000)

>> No.7337353
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7337353

>>7337105
This is just the beginning, this whole week will be a bloodbath. People will think it will stabilize on Wednesday. Then fear returns on Thursday.
Friday will be like no one has ever seen before.
Just a little warning my /biz/ bros.

This is a precursor to another big happening, some of you have already talked about this here and there. Good luck to you all.

>> No.7337370

>>7333127
>what is economic cost

Anyone who takes investment advice from this political talking head with a law degree deserves it

>> No.7337491

If digits, the stock market fucking CRASHES in a horrific bloodbath this week. Absolute panic.

>> No.7337524

Who /nosleep/ tonight?

>> No.7337582

>>7337524
who /going to bed early so you can wake up at 4am when premarket opens/ here?

>> No.7337600

so, say a full on recession DOES come, and you've never invested in the stock market before, what is the best course of action? Steer clear until the market picks up again? Buy the low stock and wait for it to rise in value?

>> No.7337608

>>7337582
>>7337524
who /staying up all night so you'll sleep during the day and not have to see your portfolio/ here?

>> No.7337617
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7337617

What a day

https://www.youtube.com/watch?v=xzQvGz6_fvA

>> No.7337643

>>7337600
the stock market moves A LOT slower than crypto

if we enter a real recession it means literally a full year of money transitioning out of all the overvalued equities and into other investments

>> No.7337667
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7337667

>>7337353
unless you are literally on wall street I dont see how you could know

>> No.7337681

>>7337617
What the fuck is he wearing?

>> No.7337703

>>7337681
he's feeling bullish

>> No.7337705

>>7337600
Buy an S&P 500 when you think it's at the bottom and add, regularly.

>> No.7337708

>>7337643
so in layman's term for a new retard, what would that mean for me?

>> No.7337709

>>7337600
Yes, you would consider yourself a lucky bastard and buy as many cheap big name company stocks as possible

Thats why its never happening again. Ford went for 30 cents. biggest banks went for like 50% a share

>> No.7337793

Goodbye XIV

>> No.7337824
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7337824

>XIV down 72%

>> No.7337873
File: 1.87 MB, 700x700, 1516479917255.png [View same] [iqdb] [saucenao] [google]
7337873

W
E
W

All other global markets are down too. This is it lads. Strap in.

>> No.7337884

https://twitter.com/jimcramer/status/960637428380979200

>> No.7337910
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7337910

>>7337681
Based Shellady

>> No.7337954
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7337954

>XIV down 75%

5% left

DAY OF THE ROPE

>> No.7338017
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7338017

>uvxy is worth more than xiv

>> No.7338026

What is XIV?

>> No.7338028

>>7337910
Ultimate Chad

>> No.7338050
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7338050

What's causing this? Are normies getting scared and panic selling, causing a chain reaction?

>> No.7338064
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7338064

>>7338026
Retarded

>> No.7338066

so where the fuck is the money being put? Is it just in the form of cash right now?

>> No.7338076

>>7338050
>normies

this is not retail investors kiddo

this is big money

>> No.7338237

Lmao NAK

>> No.7338255

XIV 77% down

>> No.7338389

>XIV
Tomorrow is going to be nuts

>> No.7338402

>>7338050
VIX instruments getting blown up and force selling according to Jim Cramer.

Maybe Iron Condor options strategies specifically but I'm not bright enough to explain exactly how the VIX instruments work behind the scenes.

Anyone?

>> No.7338458

>>7338402
those tastytrade faggots are going to look even more grim than in their 2017 recap video

>> No.7338475

XIV hit -80%

ITS OVER

>> No.7338490
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7338490

XIV doesn't need to reach -80% to disappear. UVXY just has to go above 80% (which it already did) and the underwriters will start liquidating XIV. Anyone who's buying XIV now is DOA.

>> No.7338515
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7338515

>>7338475

>> No.7338550

RIP XIV

you were a good friend back in august

;_;

>> No.7338589
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7338589

RUN

>> No.7338699

can somebody please make it stop

>> No.7338790
File: 15 KB, 300x231, carlos-matos-bitconnect-event-US-october-2017.jpg [View same] [iqdb] [saucenao] [google]
7338790

CREDITTTTTT SUISSSSSSE

>> No.7338831

just punched 19

>> No.7338846
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7338846

>>7338790

10/10

>> No.7338874

>>7333593
>thinking trickle down economics happens

>> No.7338921

>>7338790
you just fucking slayed me im still laughing at this

>> No.7338948
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7338948

SVXY TO TWENTY
>5 minutes later
TWENTY FIVE

Stocks are going to get blown out so fucking hard on open.

>> No.7338954
File: 55 KB, 640x488, Screenshot-2018-2-5 Jim Cramer on Twitter can the XIV be fixed tonight so tomorrow's prices aren't phony This could really [...].png [View same] [iqdb] [saucenao] [google]
7338954

>> No.7338957
File: 3.17 MB, 2726x3468, Krakatoa_eruption_lithograph.jpg [View same] [iqdb] [saucenao] [google]
7338957

I think this is the tipping point. Hope everyone ITT loves their job because they'll need it for a while. As a reminder, while it's cool to take advantage of the market, it's not cool to actively wish for market failure. People lose jobs, savings, in many cases their lives are irreparably damaged. Some folks still never recovered after '08 because they took one-too-many bad hits.

In any case, best of luck to everyone.

>> No.7338990

>>7338954
t. XIV bag holder

>> No.7339001

>>7338954
>MUH SOROS

>> No.7339019
File: 349 KB, 583x486, Screenshot-2018-2-5 CNBC ( CNBC) Twitter.png [View same] [iqdb] [saucenao] [google]
7339019

>> No.7339035

>>7338957
I have a good job, no debt, and a luxury car. Even if I lose my job I'll do some Uber driving so I can buy the dip. If it gets to '08 levels.

>> No.7339042
File: 62 KB, 616x329, Capture.png [View same] [iqdb] [saucenao] [google]
7339042

DO NOT BUY THE XIV DIP

>> No.7339053

>>7338954
this isn't serious, is it?
are american reporters now blaming one rich Wall Street guy for the collapse of the market?

>> No.7339072

>>7338957
great, can we do the same thing for the housing market so I can finally move out and start renting my own place?

>> No.7339091

>>7338957
stop advocating to greed you retard.
not our fault if they dont remember rule 1 and act on greed

>> No.7339132

>>7339035
Who's going to pay for an Uber driver when no one has any money to spend going out or a job to go to? Not to mention that's probably a multitude of peoples' backup plan, so the competition will make it literally impossible for you to make any money.

>> No.7339138 [DELETED] 
File: 1.46 MB, 3023x2589, 1516842142199.jpg [View same] [iqdb] [saucenao] [google]
7339138

we all know who is behind this

>> No.7339149

can someone explain what the fuck a UVXY, VIX, XIV, etc are?
Obviously they're tickers for something, but for what? And why are they so important?

>> No.7339170
File: 53 KB, 842x302, Screenshot-2018-2-5 Zero Hedge On a long enough timeline the survival rate for everyone drops to zero.png [View same] [iqdb] [saucenao] [google]
7339170

"Termination Event"

https://www.zerohedge.com/news/2018-02-05/it-traders-panic-xiv-disintegrates-after-close

>> No.7339208
File: 33 KB, 408x406, 1508783378328.png [View same] [iqdb] [saucenao] [google]
7339208

>>7339170

>> No.7339254
File: 43 KB, 852x480, 6[1].jpg [View same] [iqdb] [saucenao] [google]
7339254

>>7339138

zzz if you say so

i assume you also give them credit for the bull run leading up to this too?

pic related, the real culprit

>> No.7339257

I missed something, what's going on with XIV?

>> No.7339266
File: 72 KB, 634x618, Screenshot-2018-2-5 Bruce Bartlett on Twitter How soon before Breitbart starts blaming the Jews for today's market crash Ho[...].png [View same] [iqdb] [saucenao] [google]
7339266

>>7339138

>> No.7339275
File: 65 KB, 923x264, Screenshot from 2018-02-06 04-24-39.png [View same] [iqdb] [saucenao] [google]
7339275

>guys guys i have the answer
>i am the all knowing one
>i control markets

>> No.7339284

One thing I'm confused about is how XIV maintained its price during market hours when the spot VIX jumped 100% midday at 2pm est (17->34)

>> No.7339349

Can someone explain what XIV is to the unintelligent(me)?

>> No.7339352

>>7339132
Good point. Well, I have a $25,000 emergency cash position, rich parents, and a close family friend with a restaurant that I can bartend at.

But I seriously doubt that a few chuckleheads losing their shirts on an esoteric volatility instrument is going to cause an '08 level meltdown.

>> No.7339384

>>7339257
Terminate after hours, if vol moves a certain % they can just shut it down

Oops, guess most people didn't read he fine print don't worry it's only 90% loss

>> No.7339399

>>7339257
>>7339349
>>7339284

violatility short fund that apparently got liquidated after hours

>> No.7339429

>>7339352
those "few chuckleheads" are in fact a shitton of institutional mom and pop investing firms

>> No.7339433

>>7339352
Nah, bunch of retard quant funds will blow up but things should settle down in a couple of days

>> No.7339437

>>7339349
to understand XIV first you have to understand "the VIX"

https://www.investopedia.com/terms/v/vix.asp

XIV is an inverse "ETN" that tracks the VIX

>> No.7339443
File: 9 KB, 387x429, 1362075566567.png [View same] [iqdb] [saucenao] [google]
7339443

>make several thousand today from shorts and decent buy ins
love you guys

>> No.7339448

Anyone else trade on Saxo Bank?

For some reason, there's a glitch on the dumbass platform, and I can't add any orders whatsoever on my open positions! Cannot cut losses, cannot double down, cannot close position, just have to watch my own hard-earned money go through this carnage.

If customer-service can't fix this issue right quick, I might even try to fucking sue. Unironically so mad rn desu

>> No.7339491

>>7339284
Credit Suisse couldn't start the liquidation process until after UVXY closed +80%.

>> No.7339504

>>7339437
so it's a fund that bases (based) itself on selling short stock in correlation with the VIX, an index showing volatility and fear in the market
and it got bit in the ass today when things went tits up?

>> No.7339599

>>7339284
This is the real MM bullshit.

>> No.7339637

>>7339266
>>7339254
>>>/pol/159355973

>> No.7339656

>>7339504
yeah basically

volatility index spiked like crazy
so the inverse fund tracking this crashed

>> No.7339659

>>7339504
But the entire idea is that it was made to do this.

It makes sure that there is still something providing liquidity in volatile times.

>> No.7339680

>>7339637
what does that article / thread have to do with the stock market exactly?

>> No.7339770

>>7339659
so it's essentially a canary in a coal mine?

>> No.7339831

Hoodrobin.bandcamp.com

>> No.7339863

>>7339437
Neat. Hopefully the spillover to europe stays limited, we've been lagging behind a bit with that whole debt crisis.

>> No.7339973

BNN's daily synopsis was interesting. I've never seen that guy look more engaged it what he was reporting. Phrases like "took a beating" and "taking it on the chin" were invoked. Blue chips got hammered of course. Major sectors all ended down. Then at the end of the synopsis the guy swings over in to weed sector and reported (correctly) that it closed green. I wonder what tomorrow will bring for weed. If some investors are thinking the weed momentum on the run up to legalization this summer will put them in gains territory while everything else is going correction or even bear mode. Self fulfilling prophecy if enough whales believe that to be the case.

>> No.7340048
File: 20 KB, 374x374, FBAC7BBA-B1CE-41F8-A71F-F2C64FF9312C.jpg [View same] [iqdb] [saucenao] [google]
7340048

I’m ruined

Today was the nail in the coffin

>> No.7340090

>>7340048
It can't have been that bad, what did you lose?

>> No.7340156

You stock market losers thought you were safe but it's all coming down.

>> No.7340180
File: 85 KB, 830x295, 1488787317630.png [View same] [iqdb] [saucenao] [google]
7340180

>> No.7340193
File: 39 KB, 275x331, hho.jpg [View same] [iqdb] [saucenao] [google]
7340193

>>7340090
not his virginity lmao

>> No.7340246

Do I sell? Fuck, I don't know what to do.

>> No.7340250

>>7340180
where is this?? and when?

>> No.7340300

>>7339491
the prospectus doesn't anything about UVXY, only VIX futures. which again is puzzling why this didnt get priced in midday.

>> No.7340329

>That plummet on the Nikkei 225

Fucking hell.

>> No.7340331

>>7340246
sell now, sunk cost fallacy brah

>> No.7340340

>>7340246
don't. buy walls are there at around 5k for europe and 6k for us. if it goes less then you have to go by instinct but now it's too volatile. just wait it out.

asians are waking up and panicking that's all

>> No.7340364

>>7340048
Same here. Lost 90% of my net worth in the past 2 days.
I don't even care at this point. I have just accepted my fate and am laughing at pink wojak memes.
My last hope of returning some of it is the 5k LINK I have stashed away.

>> No.7340425

wtf bro this is not supposed to be happening.
stocks were meant to be safe.

>> No.7340451

>>7340364
5k link = 1 happy meal in 2020

>> No.7340526

I find it funny and incredibly coincidental that I decided to get into the stock market and start really learning about it on February 2nd, the beginning of one of the most dramatic losses in the Dow and S&P in their histories

at least I get a hands-on lesson on what a correction looks like

>> No.7340557

>had 10k in UVXY since the hurricane
>sold on a minor hump 2 weeks ago
>held LTBR for literally no reason

I swear there's some Jewish mind control fucking people like me over.

>> No.7340572

Should I hold my stocks that are close to their book value or sell and buy back in later?
MU has barely moved

>> No.7340573

>>7340425
they are
but it requires vast amounts of patience
not safe when you are gambling on triple leveraged shits

>>7340526
buy PSQ and ride the market down for a few weeks

>> No.7340591

>>7340526
>he still thinks it's a correction

>> No.7340604
File: 75 KB, 658x901, 1499352415731.png [View same] [iqdb] [saucenao] [google]
7340604

guys my net worth just dipped below $1m after achieving that milestone late last year. before i kms post your mailing address and i'll send you my stock rights

>> No.7340610

Unable to login to my Fidelity account.

Starting to get excited.

>> No.7340661

>>7340573
believe me, I would. And I'd also buy a few shares in the little research companies that are staying green and going up in spite of all this. If robinhood decided to approve my account that is. Motherfuckers.

>>7340591
whatever you call it, I'm not hip to the lingo yet

>> No.7340694

>>7340526

This isn't dramatic

It will be dramatic if we see a 10% drop tomorrow, which is entirely possible

>> No.7340707

>>7339266
>the secret society that controls the world versus the U.S. president

just like my japanese stealth games!

>> No.7340722

>>7340604
Sent ;)

>> No.7340762

>>7340694
I've got a 50 gallon barrel of lube and 5 pairs of tear-off pants for tomorrow. We're gonna get spanked.

>> No.7340806
File: 44 KB, 480x481, nozzy santissimo con clienti.jpg [View same] [iqdb] [saucenao] [google]
7340806

>>7333968
Dr Now please let it go this once ;__;

>> No.7340831

>>7340694
pls don't

I NEED 20% gains this year. Next January it can go to crap.

>> No.7340878

>>7340694
>10% drop tomorrow
VIX says yes

>> No.7340933

How bad are things going to be tomorrow? Will it be a repeat of Black Tuesday?

>> No.7340935
File: 69 KB, 1024x768, 1514430553609.png [View same] [iqdb] [saucenao] [google]
7340935

At least the threads are super active now h-hahaha. One good thing r-right?

>> No.7340990

>>7340933
XIV got liquidated anon
tomorrow opening is going to be a fucking bloodbath, VIX is going to spike to 50s

>> No.7341000

fucking shit, is there any reason not to just pull out right now?

>> No.7341041

>>7338874
Affirmative action is justified with arguments to trickle down economics benefiting poor whites.

>> No.7341074

>>7340557
There definitely is. I always feel my brain physically slow down when I have the potential to do something that would make me a good amount of money. I usually just stare at it and think what the fuck am I doing.

>> No.7341078

>>7340990
XIV was for retards they finally got what they deserved

this is the bottom only thing driving dive this were the cancerous algos

>> No.7341090

>>7340990
Why?

VIX futures are down right now

>> No.7341105

>>7341000
i'm a longer term investor and i'm buying. if you're attempting to day/swing trade you may want to step aside.

>> No.7341154

>>7340990
>XIV got liquidated anon
C-can you explain that to me? What's the XIV and why's it important?

S-sorry for the brainlet-tier question, I'm only a historian

>> No.7341164

>>7341105
>>7341090
>>7341078
that's comforting. I'm just trying to avoid getting lfet holding bags if it gets really bad.

>> No.7341220

>You cucks still don't know.
Sell when people are greedy, buy when they are scared. I'd say you will need to be careful when the Dow hits 29k after this dips over.

>> No.7341229

>>7337608
me

>> No.7341308

>>7341154
XIV is inverse volatility. volatility stays flat or down a little most of the time. then on days like this it spikes.
But usually not this much. In fact in the last 100 years only one other XIV event would have triggered... before the 1929 crash.

>> No.7341315

>>7340591
>correction

It is by definition. Correction is 10% loss on major indices over the course of approximately one week. Crash is 10% loss in a single day. A crash could still happen but i don't think it's likely. There needs to be real economic reason for a crash. Panic about interest rates and bond returns (overreaction) + algos triggering sell orders isn't enough. Besides which, DOW and S&P were rising towards the end of the session today and did not close near their intraday lows.

>> No.7341316

>>7341154
see
>>7339437
>>7339399
>>7339504
>>7339659

>> No.7341348
File: 70 KB, 640x1136, E4263986-51F7-4394-8F44-DBE94726F464.png [View same] [iqdb] [saucenao] [google]
7341348

>>7340090

>> No.7341447

vix liquidated. RIP

>> No.7341449

>>7341348
That's nothing. Hold strong.

>> No.7341451

Australia stock exchange opened down across all industries
Asian markets will follow soon

>> No.7341468

>>7341348
jesus christ

>> No.7341497
File: 3 KB, 393x83, fuckkkkk.png [View same] [iqdb] [saucenao] [google]
7341497

i had 400k last thursday,

>> No.7341524

>>7341447
F

Sometime free money isn't free tough lesson to learn, been there

>> No.7341554

>>7341348
man that aint shit

like a few weeks pay at a minimum wage job

get over it

>> No.7341562

>>7341497
I would be upset too but I had no money to begin with

>> No.7341569

>>7341308
shit, source? that sounds interesting as hell

>> No.7341575

Take a look at that intraday trajectory. SPY gapped down after hours. Tomorrow will be bad again.

Part of me is sad, part of me is thrilled because I just got a job and started a stock account last summer so I may get to accumulate shares on the cheap in a down market.

>> No.7341580

>>7337292
Credit Suisse thanks you for your donation

>> No.7341626

>>7341580
ended up buying more at $11, I'm a glutton for punishment.

>> No.7341679

>>7333025
its a meme you dip

>> No.7341688

>>7341626
stop dude
its not the right move.

>> No.7341690

>>7341626
why?????

>> No.7341699

>>7341569
i dont remember, i was reading up on termination events when i started to invest in XIV so I understood what would happen and the probability.
one article modeled what the XIV would have looked like if it had existed the whole time.

>> No.7341711

The VIX is dropping AH. Tomorrow is about to be a historical shitstorm.

>> No.7341788

>>7341688
>>7341690
because there is a liquidation price at 20% (or less) of the previous day's close. I'm trying to lessen the blow, and I think there's a decent chance that it's more than $11 to help with my $37 mistake.

>> No.7342064

How much of an impact will this have on the economy? Will it cause a recession? If so, how bad?

>> No.7342202

>>7342064
https://twitter.com/AP/status/960642272340692992

s-surely things will be fine

>> No.7342275

>>7342064
This is obviously the beginning of something. It would be one thing if if was just the American equity markets, but ALL foreign markets(including Crypto) are in free fall with no signs of stopping.

>> No.7342289

>>7342202
"Shortly before the crash, economist Irving Fisher famously proclaimed, "Stock prices have reached what looks like a permanently high plateau."[8] The optimism and financial gains of the great bull market were shaken after a well publicized early September prediction from financial expert Roger Babson that "a crash was coming". The initial September decline was thus called the "Babson Break" in the press. This was the start of the Great Crash, although until the severe phase of the crash in October, many investors regarded the September "Babson Break" as a "healthy correction" and buying opportunity."

>> No.7342373

bonds or inverse total stock market etf
hmm

>> No.7342428

>>7334582
For long term holds they're all pretty safe, especially with dividends. But those are good if you have at least 5k-10k, if you want to make money you'll need something more volitile like what most people discuss in these threads.

>> No.7342542
File: 18 KB, 558x254, IMG_3859.jpg [View same] [iqdb] [saucenao] [google]
7342542

Who's up today?

>> No.7342543

>>7342064
>Will it cause a recession?

It shouldn't. Where is the reason for that? The economy is strong right now in the US and Canada. I'm not sure why the rest of the world's markets are in decline.

>> No.7342646

>>7332871
Posting here for JOE,
JOE, once these bastards at robinhood accept my application I’ll be funding almost immediately and we’ll get our free penny stock or whatever. Fuck paying commissions.
I sent them an email saying to approve my shit pronto so I can buy the dip. I’m sure they’ll have it ready right after the recovery.

>> No.7342660

>>7333127
holy shit what terrible advice. if we have another day like today, tomorrow, even if you have a halfway decent price, youre gonna be holding those bags for months, maybe even a year.

>b-b-but avg down!!

wait until next week or youre going to feel like a huge faggot/and or starve to death.

>> No.7342699

Short Credit Suisse, they're in trouble now if (when) XIV is terminated.

>> No.7342725

>>7342542
down $1,400

not cozy

>> No.7342749
File: 108 KB, 1080x1920, Screenshot_2018-02-05-20-03-42.png [View same] [iqdb] [saucenao] [google]
7342749

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.7342820

S-should we be worried?

>> No.7342855

>>7342749
Not being mean, just curious as to why you got into XIV in the first place.

>> No.7342867
File: 82 KB, 239x229, 1460061212772.png [View same] [iqdb] [saucenao] [google]
7342867

>>7342749
it's n-not a loss if y-you don't sell

>> No.7342881

>>7342820
Just market correction. Nothing to see here.

>> No.7342883

Nikkei free fall

>> No.7342887

>>7342699
not really

>> No.7342905

>>7342855
I bought the dip

>> No.7342914

>>7342855
because its been the easiest money for the past year

>> No.7342951

>>7342905
I see. Thanks.

>> No.7342968

>>7342820
no haha

why would we be worried haha

>> No.7343052

>>7342887
yes, at the very least they'll take a $500m loss on their XIV position - much larger than their Q4 earnings by itself.

>> No.7343079
File: 1.42 MB, 1898x2274, 1517298129510.png [View same] [iqdb] [saucenao] [google]
7343079

hahahahaha

>> No.7343089
File: 19 KB, 332x351, 1501970522907.jpg [View same] [iqdb] [saucenao] [google]
7343089

>> No.7343103
File: 15 KB, 319x331, 1503192522207.jpg [View same] [iqdb] [saucenao] [google]
7343103

>>7342968
I'm getting worried

>> No.7343143

>>7343052
they're not dumb, they've probably already liquidated XIV, and the loss will be absorbed by XIV holders.

>> No.7343170

That one guy who says everything's going to be fine >>7333593
He makes me feel worse

>> No.7343177
File: 493 KB, 808x805, 1512108446410.png [View same] [iqdb] [saucenao] [google]
7343177

ITS GOING BACK UP ISNT IT?

TRUMPS GONNA MAKE IT GO BACK UP? RIGHT?

>> No.7343216
File: 66 KB, 1024x1024, 1506219293630.jpg [View same] [iqdb] [saucenao] [google]
7343216

GO UP

>> No.7343378
File: 637 KB, 808x805, 1514050448039.png [View same] [iqdb] [saucenao] [google]
7343378

SELL

EVERYTHING

>> No.7343432
File: 1.41 MB, 2105x1246, 1517362318327.png [View same] [iqdb] [saucenao] [google]
7343432

MOMMYYYYYYY

>> No.7343506

>>7333127
jesus fucks enough of you are ben shapiro idiot to think this is good advice or profound in any way

>> No.7343549

0of this is still going on?
youd think people without robinhood accounts would sell in AH and take the L

>> No.7343570

>>7343052
>>7342749
Should I put in an order for XIV and SVXY right now? Would this be buying low or wasting money on something that'll never be high again?

>> No.7343674

>>7343570
your funds will be tied up. it could only be left open by accident since the contract says it should be liquidated.

>> No.7343682

>>7343143
If the loss is taken by the holders...
Oh god. Hahahaha

Oh my goodness, all in on VIX, huh?

>> No.7343724
File: 18 KB, 400x400, jaffa.jpg [View same] [iqdb] [saucenao] [google]
7343724

>>7343570
Your order will prob be cancelled. Shit's getting liquidated.
https://www.cnbc.com/2018/02/05/xiv-exchange-traded-security-linked-to-volatility-plummets-80-percent.html
https://www.zerohedge.com/news/2018-02-05/it-traders-panic-xiv-disintegrates-after-close
https://etfdailynews.com/2018/02/05/the-worst-etfs-to-buy-right-now-xiv/
https://www.thewrap.com/puppy-bowl-xiv-record-ratings-high/

>> No.7343783

damn we went through 2 threads in one day

>> No.7343793
File: 125 KB, 1920x685, 6dI8Ja5.png [View same] [iqdb] [saucenao] [google]
7343793

Post your vix positions.

>> No.7344207

>>7342749

Mother of god

>> No.7344918

>>7343724
>While we await news on whether Credit Suisse will (or won't) terminate the retail-favorite XIV ETN, following its historic, 90% collapse, some other ETF/ETN providers are starting to terminate their VIX-linked offerings.
>Moments ago, Nomura Europe Finance said the Next Notes S&P500 VIX Short-Term Futures Inverse Daily Excess Return Index ETN will be redeemed early, after a condition for early redemption was triggered due to movements in the underlying index. The underlying index on the ETN is the S&P500 VIX Short-Term Futures Inverse Daily Excess Return Index