/smg/ - Stock Market General

Hohohoho boys I am FUCKED Monday, wow!

RIP

It may go down $4-5 but that is a great opportunity for everyone to buy the dip.

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anyone else european and trades purely with leveraged etps/certifications
like free commission, can buy/sell at any time in the day, easy to scalp, risk free leverage up to fucking 20x.
wtf is the downside

he doesn't look so good

Tons of call centers over there, going to be a major disruption for sure.

Normally I'd be convinced that Monday would be blood red
But this is clown market rules so I'm expecting emerald green instead
But that feels so wrong that I'm expecting it to be red anyway
But then the clown market
This market is so fucking confusing

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Any user have the latest graph of the current S&P500 superimposed over the 2008/1929 graphs?

nah, his health is fine, Filipinos just look like shit in general

New to the game here, how bad of an idea is it to start picking up these airline stocks? Can I rely on them dipping much lower without bankruptcy? Will I get fucked if the government buys out Boeing?

They told us were were wrong...

They said we were going down to 1...

...The (((Analysts))) were wrong .

Now we're going 20+

There's no stopping now.

marketwatch.com/investing/stock/codx

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Wait. Nothing will change any time soon, they’ll just keep dropping.

Delta is spending $60m a day. Bullish, obviously

buffet-san just dropped them. Tread carefully in your evaluations.

no but iirc we're at the peak of the bulltrap before the plummet.

We entered clown market stage after the crash last month. The fundamentals are strong, so there shouldn't be any reason for the stock market to crash?

why the fuck are so many people so fucking obsessed with airline stocks? NO ONE IS FLYING NO REVENUE IS BEING GENERATED FUCK OFF ALREADY WHY WOULD YOU BUY THIS SHIT RIGHT NOW JUST STOP

GE is not an aviation company retard.

easy bait. every time

You say that but do you know how many people in this thread keep wanting to buy shale stocks or GUSH?

Very likely to be bailed out. BULLISH.

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Wait why do people think monday will be red? What's the news?

>only bought 1 (one) $500 put on shell on thursday because I wasn't sure about how long saudis would let orangeman pump before they drop the mother of all dumps
I'm a fraud

retard

every time i read FA posters' posts i laugh. you guys should really join the TA side instead of being confused and losing money all the time. let the market tell you what to do, don't try to tell the market what it should be doing. the only times i lost money when i was a noob was saying this phrase, and let me know if you've ever said something along these lines yourself ever as a FA trader: "BUT THE COMPANY IS SO GOOD IT'S GOT X,Y, and Z GOING ON, IT SHOULD GO UP! WHY IS IT GOING DOWN IT SHOULD GO UP?!?!?!" this is the cry of the FA trader losing money when the TA trader just took a short when he got the signal, got his profit, and got out.

GE is one of the most horribly mismanged companies of the last thirty years.

>oil gets pumped by a tweet
>up for the week
>weekend goes by
>news that trump faked any talks
>oil will drop next week
I'm going long on oil on Tuesday, I think
USO is a bit risky, imo, considering that the price is so reliant on futures prices, and contango *can* have an effect
I'm thinking GUSH, IEO, and OIL? any recs?

No, really guys, White diamond analysts posted TWICE on seeking alpha that the fair value of the stock is 1 USD. The long term value now is 20+
seekingalpha.com/symbol/CODX?s=codx
Daily reminder not to blindly trust (((analysts))).

The US is going to have 40k new cases of Coronavirus either today, tomorrow, or both.

yeah
they still have lots of assets though

Airline stocks are shit in general
they'll continue hemorrhaging money until coronachan goes away, they'll get bailed out, learn nothing, and continue being zombie organizations.
I'd rather not touch it, you could probably make money swing trading it though.

if it was one guy doing it rarely i'd agree with the bait proposition but we get people here every day talking about buying the dip, it's getting really annoying and it's not bait they actually believe this shit. and even if you want to go as far as saying literally everyone here is only baiting and never serious, you should at least be able to agree that there are certainly millions of people out in the world who do believe that sort of stuff.

Nobody is flying right now, but what about tomorrow? Next month? Next year? Huh?

Supply chains have not 100% stopped, how are you supposed to import face masks and medical supplies to another country faster then?

Any advice for selecting ETFs? for example, if I want to buy an ETF that follows S&P500, what would the difference be between vanguard, Spider and shares ETFs?
Should I look at cost, volume and/or price?

that's the same few people lol

why the fuck would you buy a company that has just lost 80% of its revenue sources at BEST for the next YEAR or longer? who is in debt up to their ears? who could likely go bankrupt or get nationalized if it's FUBAR but the country needs it? fuck off kid i hope you lose all your money just so that there is some justice in the world.

all i can ask is if you think people will be flying in a year, but not until then, why the fuck would you buy now? for all you know it'll drop another 50% or more before things get better, why wouldn't you wait and buy THEN instead of NOW when it's going down? why can't you just fucking wait for the start of a recovery instead of trying to catch a falling knife? this isn't hard and yet here i am, explaining something a 5th grader could understand.

I called the bottom at 18500, TA traders shorted the bottom and lost thousands. Nobody is a smartass in this market. TA/FAfags, Cramer, Schiff, Powell, Trump, Buffett, etc. never had perfect calls in their life. There is NOBODY who can beat the market. NOBODY can dictate the market. Faggot.

>"BUT THE COMPANY IS SO GOOD IT'S GOT X,Y, and Z GOING ON, IT SHOULD GO UP! WHY IS IT GOING DOWN IT SHOULD GO UP?!?!?!"
The fundamentals of a company is still important, especially their earnings report.

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Should I buy this week? Or is it going lower, got 60k in dry powder to use

spdr sector etfs are great.

That's just you being fearful but I doubt the market will go down for another 50%. Fed won't allow that, nope!

Good chance to get oil stocks for the next decade. But it wont be a quick recovery. There is way too much supply and its not going away for several months at least. Good chance to slowly get oil for after.

there are a handful of things to consider, including the cost of investing into it—some of them have a cost related to being able to state that it follows a certain index.
look at the holdings of the fund and invest accordingly—while schwab's fund (SWPPX) has had higher returns than the S&P, the holdings are considerably smaller than others (around $35b); compare VOO, which matches the S$P very closely, and manages almost $400b. Given that, I would consider something like a 75/25 between these two funds—investing more into the Vanguard for stability, less into the Schwab, but with potentially higher returns.
Other index funds can be googled, of course. I think that asset management is probably the most important thing to me.

Depends on what you want to do with it.
If you want to long term hold just find the one with the smallest expense ratio.
If you want to swing trade it, find one with high liquidity.
If you're confident in a certain sector, get one that tracks that sector

maybe you're right, im mostly just railing against the boomer concept of buying cheapies in this extreme situation the world is currently in. the concept of it, rather than any given individual talking about it. the idea is what pisses me off not the person saying it, know what i mean? but yeah i'll probably just go back to ignoring them now, i've said my piece.

To be honest, you retards losing hope in this market is making me more bullish than ever!

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kek

Aren't index funds risky in the current environment? Shifting into companies with rock solid balance sheets seems like a safer play.

I want to make the birdmaid mine

Rate my Boomerfolio:
>Ford
>General Electric
>GM
>Exxon
>Chevron
>Disney
>Raytheon
>Boeing
>Delta Airlines

Anything else I should add?

just came across the bloomberg financial series of books today while exploring my amazon rpime account.

is this worth reading or should i just get hot tips from wsb?

Where do you check them?

only plebs ignored this

KHC and MO

>boeing
>delta
>chevron
>Exxon
>ford

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Is Monday isn’t bigly red I’m blowing my brains out

KO

KHC

why so sure about that?
OPEC is postponed to 8th/9th i guess

Nice

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SPY $180 PUT 4/17
how fucked am i

Like I said it's a boomerfolio, I'm thinking I'll drop like 2-3K in it just to see how it goes.

Thanks

Investopedia has a whole section on just that. Personally, I have heard from a friend that is basically only invested in ETFs that he always checks for what is called "tracking errors", because there's ETF's out there that doesn't track their underlying indexes as well as they should be doing and that clearly seems like an important part of what to look at when picking an ETF

i hope youre short on DIS, BA, DAL
maybe think about CLX, SBUX, AAPL, AMZN

i've said it multiple times but i've got thousands in RDS.B but i'll welcome any drop. PLEASE let me buy this golden moneymaker at a discount.

Hold cash. Can't say when, but it's going down in the upcoming months for sure. If you're antsy and feel like firing away then do so with a small amount. I'm 80k cash and waiting myself

ask your magic 8 ball if SPY will be red this next week
you are pretty fucked otherwise, you're 70 points OTM, and depending on the premium, your breakeven might be another 10 points

Holy shit lol

what the fuck is wrong with you

DIS, BA, and DAL definitely have room to fall I'll probably hold off on those, might even exclude DIS entirely.

>Boeing
>Delta
Delta might honestly get bought out or pillaged after bankruptcy followings and then your stock will be worthless.
Boeing is going to be a zombie corporation. It was fucked even before this started. Look at GM's stock price if you want some indication of what can happen with that (you'll have to find archives since their current listing is after they reissued stock)

Trade certs too, gonna buy some oil bull certs for the OPEC meeting, looking at 100% gain.