Were did my fellow Pittsburgher go? Are we doomed due to amount of international students that live in the city?
Noah Cook
so, we've had the correction we needed. is it now time for the bloodbath or will she crab until the virus is contained?
Nicholas Lopez
# I said take action BEFORE inflation hits.
Your triggers for consumer sentiment or crabbing lows match mine, but what I'll really be looking for is helicopter money, serious talk of a UBI, or normalizing the yield curve (devaluing the dollar).
I think inflation will hit 10% and then quickly pass it. MMT is becoming mainstream on the left and the right because politicians can give their constituents whatever they ask for and the externalities are far enough removed that the voters can't put 2 and 2 together.
Brayden Garcia
dow 30k+ after trump reelection in november
Henry Rivera
Overvalued by about 3x.
Brayden Lopez
my 401k is down 9% as of 2/28 what the fuck bros
Xavier Cooper
Fpbp How can one user be so based?
Zachary Harris
Buy. Don't listen to boomers
Bentley Butler
Boomers quit while you're ahead this farce of an economy has gone on long enough. The country is flooded with nonwhites and the young whites have net negative worth. This is not sustainable.
Aiden Hernandez
Right. Do you think it will /get/ to helicopter money in this crises? (I don't, not for the plebs, and especially not if Trump is in office. Maybe money for airlines and various businesses, but for the people...I'd give that a 25% probability with Trump. Do you care to explain further your reasoning?
Carter Myers
Can someone explain to me why I'm bothering with target date funds in my 401k when they get completely and utterly outperformed by the S&P 500
you are probably doing it because somehow you think you can do better than market average (but studies suggest you likely cannot) Why'd you ask? Just buy some bonds and sell them in 3 months from now and then go into S&P, dow, and nasdaq etf's of your choosing.
Bentley Richardson
Do you plan on retiring soon? No, who cares.
Ethan Torres
No, but I want to maximize my gains. My target date fund has only outperformed the S&P 500 one year out of nine, this year, and by a small margin. Why would I invest in the inferior product? Because I would rather have my retirement funds in the most effective financial vehicle possible for the near/mid term.
Benjamin Bennett
Target funds are usually the least risky investments, but they are also generally shit. You should look at its composition and its goals. Then look at other options you can use.
Jaxon Kelly
>Why would I invest in the inferior product? I don't know. I've never used target date junk. My 401k is 100% VOO.
Jeremiah Davis
>Do you think it will /get/ to helicopter money in this crises?
Yes. All the QE, bond buying, stocking pumping in the world cannot force employment. And unemployment is going to be massive due to to the immediate and downstream effects of coronavirus and response.
Either leftists will come into power on the promise of UBI, or the establishment will preemptively give it away to maintain power.
Jayden Gonzalez
I get the idea of trying to diversify markets and holdings but it honestly seems pointless when it will never compare to other index funds, ETFs, or the S&P 500
lebanon is defualting on 1.2 trillion dollars of debt. projected to push 40% of their population below the poverty line. short everything in the middle east shit is going to get bad for them
Tyler Nguyen
change it then ya fkn ask-hole
Evan Hughes
the next 3 letters in the poster below me's id will be a stock symbol that moons tomorrow. Screencap this.
> Salzgitter AG >13.07 >Salzgitter AG is a German company, one of the largest steel producers in Europe with an annual output of around seven million tonnes.
Ayden Parker
Italy just confirmed hardcore auarantine measures for 16 million people. Tomorrow might be a nice cyber monday
Their quarantine is a joke. People were escaping the quarantine regions by the train load today and yesterday. If they were smart they would have immediately pushed for a snap quarantine and not warn people of it occurring. Because people are stupid and they would attempt to scurry to the next province like rats.
Jonathan Hill
Just buy DRIP
Xavier Fisher
That fact doesn't matter. The algo only sees the ITALY QUARANTINE = BAD
Aaron Martin
r*dditors are selling their stocks its time for the bull
David Perry
Proof?
Thomas Rodriguez
It's true the S&P typically outperforms everything else short of 2x S&P over long term. 2x S&P backtests surprisingly well and holds up through market volatility (just don't panic sell in a recession).
Sebastian Powell
>buying the top well i mean i do believe its going to go higher so i cant really get fucked long term
Joshua Lopez
for every 1 person that makes like 100x trading options, how many people are losing everything?
I figured as much. Not sure I want to play games with my retirement funds playing the 2x S&P though.
Joshua Robinson
>top Oil is going to crash for months, DRIP is going to sky rocket. >Direxion has the best names for their shit
Brandon Collins
A boomer is on the other side pf the trade so who gives a fuck
John Bell
i just want to know if my chances are good if i trade options. it seems like more people lose than win
David Hall
Your chances are not good unless you're trading strictly on probability of success and following a system to make a profit.
Camden Richardson
I wonder how MBS arresting and possibly killing of his princely rivals is going to affect oil prices. Especially if the rumor is confirmed this week that his vegetable of a father has indeed has kicked the bucket.
Jackson Cruz
i hate bringing up r*ddit but there are guys there who turn like 7k into into 400k. i cant even picture that in my head. and those fuckers do it by just going with the flow and not sticking to a strict plan
Luke Bennett
The answer to this would be complicated to figure out. In part because options aren't always used as an instrument for profit in and of itself but rather as a hedge to guard against losses. Say you have a long position you'd like loss protection for, you purchase puts that will expire worthless if your position never sees a downturn before expiration, but can be exercised to exit that position without taking the brunt of the red candle of death if it happens.
Nothing wrong with vanilla S&P for the long haul. It's a safe and excellent choice for that application. When you're approaching retirement age, say a few years before, you will want to pay more close attention to the markets and perhaps start selling to cash if the market is precarious. It would be unfortunate to hit retirement right when the market is panicking about something or other.
Daniel Butler
Sure, you can do stupid YOLO shit like turn 7k into 400k but the odds of that ever working are EXTREMELY LOW.
>3 equities research analysts have issued 1 year target prices for Sunesis Pharmaceuticals' shares. Their forecasts range from $1.50 to $6.00. On average, they anticipate Sunesis Pharmaceuticals' share price to reach $3.75 in the next twelve months. This suggests a possible upside of 271.3% from the stock's current price. View Analyst Price Targets for Sunesis Pharmaceuticals.
Was SNSS user right? Should we be buying this stock?
Jason Powell
yea i figured the odds are low. there are thousands of people there and ive seen maybe 15-20 people have crazy returns like that. its just so enticing
Eli Collins
I think depending on the balance, as I get closer to retirement, say 5 years or so out, I'll start rolling most of it into stable, guaranteed investments. Cash, bonds, stuff like that. Absolutely do not want to hit retirement a few years into massive sell-offs or a recession with my whole nest egg in the market.
Parker Cruz
Heres a secret: all these researchers and analysts, they also don't know shit, just like everyone else. So is SNSS good? Who fucking knows!
Lincoln Butler
It's pure luck, no logic or reason. Can you afford to risk throwing 7,000 dollars in the dumpster and lighting it on fire? They're likely investing much more. I've seen some people literally gambling 25,000 dollars on completely stupid shit.
Exactly. Gamblers never talk about their big loses. Only their big wins. Who knows how many loses are involved. Many stradle strategies have a implied loss baked in, either the top or the bottom. It could actually be the safest bet of all time say covering a $9 put and a $5 call on a $7 asset so a wide straddle margin with a modest return overall. If I only show you one side of the straddle you think "holy fuck, all those gains what a balls move" when in reality I knew I was covered all along.
