So when does OPEC come to an agreement? Is that meant to be today? I’m trying to figure out when I should try and sell my GUSH call, or if I should hold it.
Jacob Ward
But if SPY gets fucked doesn't everyone get fucked?
Jack Sanchez
Every time I listen to you guys I lose money need a SBIZ etf
Isaac Turner
All bullish and priced in.
Camden Davis
Just woke up. Am I on time for the OPEC shitfest?
Brody Phillips
Airlines have received 0 bailout funds. Haven't been approved for one penny yet
Jack Foster
Bros. I don't feel so good... Should I give up? Holding Gazpromneft right now.
Give it to me straight bros Are we headed for another great depression at this point?
16 million Americans filed for unemployment IMF claims we're about to hit the worst recession since the great depression Bloomberg says we have a 100% chance of a harsh economic recession
Jaxon Garcia
probably. I think this is a great time to lock in some of your gains if you have them.
>We're doing 20% Cuts? >15% Cuts? What do you mean? >10% would be the end of me >I would sell my own grandma before i'd cut 5% >Help, police! This maniac is trying to make me cut oil production!
Dominic Gonzalez
they debate since about an hour and a half, no results yet
Yes. But at this point depression does not equal stocks going down. We have a legitimate shot at having conditions worse than the Great Depression while simultaneously having a market back at its highs. This is the nature of the clownworld in which we live. Prepare for green days while we have riots in the street.
guys, im interested in buying stocks but im from the caribbean, anyone here knows how i can buy american stocks from here? i to want to live off chicken tendies and mommy's milkers
Carson Cruz
Do I just sit on UCO or am I retarded
Aiden Rodriguez
>he doesn't set OCO orders just come up with an exit plan bro lol just stop thinking about it and walk away bro
>depression does not equal stocks going down it'd be more worthless than paper at that point. no reason to play with stocks if they hit ATH before the end of Q2 without good guidance on opening up shop again.
Parker Phillips
>WHAT DO YOU MEAN A SHORT-TERM STIMULUS ISN’T SOCIALISM?? HOW ISN’T QE THE EXACT SAME THING AS NATIONALIZING THE MEANS OF PRODUCTION??? >IT WAS HIS TURN!!!!
Selling puts is such easy money, even if it ends up ITM you just get some cheapies and wait until the stock rises again. The only disaster scenario is when a stock goes full LK tier 80% dump overnight.
Adam Murphy
How long until these fucking OPEC talks are over? I'm getting nervous.
Blake Morgan
>10 M B/D isn't that just a drop in the bucket?
John Murphy
James Simmons is that you
Jason Sanchez
thank god I own none of these
Camden James
see
Xavier Cox
How much markets react to political unrest near political conventions? I wouldn't think much but I want other opinions
Sebastian Collins
I'm scared user. I just want to be able to live my life without the possibility of famine, homelessness, and civil unrest.
At this point if a great depression 2.0 does come it'll probably take more lives the corona ever could
Isaiah Gutierrez
>Bernie backs out of the race >Fed propping up the market with trillions >Stocks going back to ATH >bitcoin and gold also mooning due to inflationary pressures this will undoubtedly create >r*ddit bears left bagholding cash at the inception of the greatest rally in human history >trump gonna walk into November with the wind at his back as we defeat the Chink Flu and absolutely steamroll biden to a 2nd term
yeah i'm thinking this timeline is fucking based
Isaiah Sanchez
Were not even close to the bottom
David Bennett
>crude and USO still declining BROS WTF
Easton Perry
>political unrest near political conventions? what are you talking about?
Thomas Flores
>OPEC cuts >oil down Priced in.
Jayden Rogers
>V >KO >NVDA >RDS why not
Logan Peterson
Anyone here from Spain?
Should I go with Amundi for a global stock index exposure or is it worth it buying Vanguard?
Im asking because my bank already ofers me Amundi so I would need to open an account in another place to buy Vanguard
My secondary question is: Would you diversify between more index funds? What's the point? The global ones already have a reasonable diversification, so I wonder why people bother with buying different funds divided by continents, like one for US, other for Europe, a Pacific one (basically Japan)... why?
Also, how much should I put in variable income vs fixed income? Im 30 and have around 150k to invest.
Im gonna buy BTC too for a lower amount because I would like a shoot at being rich before im 100 years old (for me making it is basically having 20k€ yearly passively), so I guess I need around 1.000.000€... and I may have to sacrify still living with my mom for that since I can't spend my capital on a house if I want to make passive income.. just lol.
i'm poor and my money clears on Monday. might get NVDA when my money clears next week.
James Johnson
It's fucking nothing. It got priced in immediately. I'm getting out in the closing hour if nothing more happens.
Henry Taylor
I swear sometimes it's like the universe works against me. Dumped all my oil storage on that huge drop this morning and it fucking reverses on a time. Just scalped a bit back on SPY puts on that dip but mother fucking fuck I hate this sometimes.
Jaxon Morgan
Same. I bought in yesterday, put in a stop-loss for too high, triggering it at 2.30, bought back in at 2.49, thinking that it would shoot to 2.75, and now it's at 2.26. I can't even profit off the tanker stocks I bought since Trump tweeted about oil, cratering the stock and it never recovered back to where it was.
The cuts are way below what they'd need to be to stop the glut.
Isaiah King
...
Ethan Moore
>Saudis buy billions of oil majors >drop production 10 million a day WHY IS EVERYTHING DROPPING
Chase Rodriguez
go away Amena
Anthony Hall
He’s right I haven’t been spending any money since lockdown and I have so much
Elijah Foster
Clown market in a clown world. Just unbelievable.
Thomas Carter
So that makes 2 of us. I need a cool down break from this shit, way too stressful.
Oliver Diaz
because ppl predicted and estimated 20m a day, you fucking tard
Parker Hughes
any foreign investers here?
Grayson Martinez
what makes you so sure? dow bottomed out around 18th along with most stocks, everything is up like 20-60% since then and all the worst of the doomsday stuff seems behind us
Adrian Smith
I'm fine I sold at break even, could have been worse desu
Cameron Ross
>MRO at 4.19 when OPEC deal is about to make oil fucking moon again
Vanguard is the best of the best friend I would go with them
Cameron Gutierrez
Long and strong my friend
Asher Davis
I'm playing this up market right now, but that doesn't make it any less of a clown market.
Noah Long
unironically the oil traders on twitter hang on her every word. she seems pretty good
Charles Rodriguez
Didn't the deal was off? How is it a success?
Cooper Jenkins
Quick question. Why does the share price drop when people start selling? If someone is selling, that means someone else bought it at that price. So why do stock go down?
Jacob Hernandez
People sell after making profits > STONKS go down
Hunter Green
Amena I said go
Sebastian Parker
>Are you scared oil bros? nah, I'm in for long haul. Corona will end eventually Oil price war will end eventually There will be another middle eastern war eventually I bought at lows not seen for over 18 years.