/smg/ - Stock Market General:

Yeah, I'm thinking we're back.

Let’s see how long this BS lasts

What are the chances I get to sell my original quantity of stocks on a reverse split on Ally?

haha number go up

Major economies recently shut down for weeks and this is the result. Nice.

>I'm scared bobros.
the fed has fired it's nuke and there is still no end to this in sight to the whole Corona-Chan debacle. The economy is still going to grind to a halt eventually and unemployment numbers are going to be dismal on thursday. Not to mention trump will no doubt say some retarded shit and spook the market some more. No reason to be scared. This like everything else they've tried will be short lived and we'll go back to the regularly scheduled crash

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Should I buy some stocks now? I have about 2k to invest, is there still another bottom to hit? How to find a rich mentor?

That was the bottom, beartards. Enjoy your worthless puts.

Why does a institution that prints money need shareholders (FED)?

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not out of the woods yet bullbro. see what happens after unemployment #'s.

It says I'm up $34k, I know it's not real, but if I can set an all or nothing sale for the original amount...

Just need a little more green and I'll cash out 27,800k ahead.

Man am I glad i didn't go all in. Nearly every time I make a move like this the stock market does the opposite. However I stand to lose $1600 by mid April if all of these expire worthless. Its already at 50% or close to 50% which seems to high of a loss.

i feel a dump coming on

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TVIX/SQQQ Y/N?

Yes It's cheap as fuck and the market is only temporarily propped up by fed pamp

Scrub question here:

I had some GUSH that i held onto, but now the GUSH is replaced with 25460G104 and the gains/loss is n/a and i am unable to do anything with it. what do?

>scroll through options by volume
>everything still expensive AF

Wait for an hour for the bulls to tire themselves out

Wait till job earnings come out later this week

Realistically my puts will still get value before the week ends (to cut losses, don't think it will be profit) but god damn I still feel like an idiot right now.

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>h-how does he never run out of plates?!?!?!

Looks like the reverse split happened, keep checking on it today. I can see mine currently at around $14 for the value now fwiw

is there a beartard punishment index?

The market is literally fucking backwards, so should I bet that unemployment numbers will make Thursday green?

I don't even fucking know anymore the market is so fucking gay

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thanks friend.

Honestly I don’t believe that we’ll never come back again, worst case scenario Biden makes stonks go up and you can just chill getting dividends in the meantime there are lots of stocks left getting a 4% yearly yield so no matter what you’ll get 80 dollars then in 2022 probably seeing good profits along with DRIP average down and such, you’ll get nice returns anyway

>dude if we open the market 6% up today we'll hit the first breaker before the dump hurts too badly
t. Jews

SQQQ time lads

I'm new to stocks, what is revere split? When and why do they take place?

price target to gt into sqqq? im thinking 24

cnbc just asked pelosi if she's gonna get a bill today and she's just deflecting

I'm with you fren.
Diamond hands that shit, bulls are stampeding into their own grave.

You guys bought the dip, right?

Hot damn Ally Invest is just shitting the bed, took 20 minutes for my TQQQ to go through.

fuck off boomer

any good day trade opportunities?

learn to hedge retard

Investopedia is your friend then.
investopedia.com/terms/r/reversesplit.asp

Missed today's pump. Meh, it'll drop again anyway.

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GUSH and other leveraged inverse oil etfs bled out so hard that it was near worthless.

Once they become worthless for a long period of time they can get delisted.

Gush "merged" 40 shares into 1 share, making them worth more than 1 dollar.

So as to not get delisted and to not look so ugly with the "penny stock" stigma.

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Orange man said back to work so economy MUST be fixed!

brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

you niggaz shouldve listened

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So Thursday will be a dumpening due to unemployment numbers. Last week I saw states claiming 400% increases, itll be way more since then.

Talk me out of loading up on sqqq and tvix until then.

That sounds like a solid plan, just get in now while the getting is real good

If you, anonymous poster of /smg/ knows that, who else do you think knows that?

who ever writes the script for the market is doing better than anything hollywood has put out.

Why would I talk you out of doing exactly what I'm doing?

Protip: it's not unemployment I'm watching, it's New York hospital capacity

wouldnt SQQQ and TVIX drop because of high unemployment numbers or do ive got it backwards

Those are inverse to the market ya dingus

you have it backwards, TVIX is volatility and SQQQ is 3x inverse NASDAQ

best get the fuck out of that P&D while you can

3-4 weeks until the hospital ship can show up.

Small window of opportunity.

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Fun fact when oil plunged initially GUSH was a percent or two away from getting margin called and straight up liquidated

I doubt it. But I will wait a week for some trend establishment before I risk money here.

Really nothing to gain in this rollercoaster market for me.

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Exactly.

If people haven't considered that this is already priced in then...

Fed will use the printer to hire a mercenary army they will send to every state and prevent publishing of unemployment numbers

uhhh uhuh

you can keep your poverty stocks bro

it doesn't matter what you do at this point, calls puts DCA etc

you will lose money. the game is 100% rigged.

the hospital ships are only 1000 beds and they only have two of them

you can probably set up field hospitals in the hangars of LHDs and LHAs, but that means fewer field hospitals on land

the US military literally does not have the resources to deal with this which is both exciting and pants shittingly terrifying

I am literally more confident the US Navy could repel an alien invasion than I am that they can repel coronachan

I just woke up how the fuck did the dow get back up to almost 20?

>Dat Gold

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Any meetings or press cons that could impact market today?

Brrrrrrrrrrrrrrrrrrrr hahahahahahahaha

>dat TVIX

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pic related
pelosi says maybe they'll come up with a bill in a few hours but that's what we're watching

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> TVIX
Why are you going in on TVIX when the market is unlikely to continue plummeting as hard as it has been this last month? Surely volatility will continue to go down?

God priced in fags are the worst. Why do anything ever then? Why even be in the market? Like go be a calvinist somewhere else, fags.

Not saying it will offset the burden much.

Its great optics though.

I don't have the numbers but I do believe it will be too little too late in terms of capacity.

But it will save some lives when it does show up.

hope you bought the dip.

The only stocks on my list I'm not sure about are UPS, DEO, CSCO and T. Any thoughts for long term dividend holds? I'm not so sure they are premium businesses.

It's a short term tactical instrument. You buy it before bad news gets released and then you dump it to make whatever % you're looking for. It's not like you want to hold the underlying assets as you would by buying something like ge or ford shares.

IRON HANDS. IRON HANDS. I WILL NOT SELL MY PUTS. I WILL NOT DUMP ANY OF MY SPY PUTS NO MATTER WHAT.

t. bought puts yesterday

>Those oily greens

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Yeah that green shit is pretty cool and everything
But what about gush??