/smg/ Stock Market General

It's a meme you dip

Sorry user, i forgot to change it

some are on the NASDAQ, BILI for example or TCEHY. NIO is traded on the NYSE. thats all i know of. im sure you can research some more.

xDDDDDDD

And some 70 year old lucky strikes, ahhhhh

So who's buying the oil transportation and storage companies before their earnings are announced at the end of this month?

actually TCEHY might not be traded on the NASDAQ.. idk just do you own research man

Most of their space/storage was already under contract for the next 6 months, they won't be seeing too many gains user

5 hours and 5 minutes :^)

But it’s 10:25 pm user!!! I can’t have coffee now!!! But I want to...

Is everyone ready for some red numbers today?

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nah its gonna be a flat day

prolly offed himself

I have a feeling that when everything is "back to normal" is when all this bullshit market fuckery will take its toll.

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You mean BULLISH market

optimism will drive the market for at least a year after the lockdowns end

I don't think so user

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USO is at 2.5, used to be 12 not that long ago.

I think it's a smart move to invest a big chunk of my cash in it now or soon. What do you guys think?

Same. May is when people think we'll be back to normal but it won't be normal

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When are the mortgage default numbers released?

going to reverse split next week anyway, I wouldn't touch it until then

europe is meaningless

Do you know what USO actually owns?

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While i do agree, european numbers show what we're gonna be seeing in american output in the next coming weeks

That's exactly right
But it's already "known". It's only priced in with the smart money (ie, it isn't priced in).
When things start to normalize, the fed&treasury policy of "we gotta save everybody" goes right out the window. Over the rest of the decade, they will be raising rates and normalizing their balance sheet. They will do it incredibly slowly, but they will do it without mercy. Businesses with too much debt will slowly be strangled and bankrupted, the prices will be paid. But overall, the economy will be much healthier as a result of all of this.
The point of the overall strategy is to not have all the pain hit all at once (now) but to have it delayed over the next 5-10 years.

Also
>muh wrench

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