Imagine unironically putting your precious wagebux into the stock market, without having the slightest idea of how things works. Read this book for the ultimate gains. It’s the only way you’re ever going to make it.
+14% yesterday +3% today Fucking nice. Prepared to lose it all after I post this though.
Jonathan Miller
AMD and NVIDIA are topped out
Logan Anderson
shitty
>no meme share of UUUU >RTX instead of LMT >BP/RDS instead of CVX/TOT >no EPD >no FANG >no PSX >no COP >no MSFT >no NEE
Benjamin Rodriguez
>went all in on HAL a couple weeks ago >compare it to MRO, MPC, KOS, etc >so far up 11% with HAL >but with any other oil stock I could be up 15%-25% if I instead bought them the same day.
Definitely backed the wrong horse. Sonovabitch.
Jaxon Stewart
I expect the rally to continue untill the world economy is reopened. People will flood the market with their savings. That's the signal to sell all stocks you have and buy gold or commodities (if you know how to trade them)
Blake King
I am switching my portfolio to cash. I will enjoy the reckening from the sideline.
Jordan Sullivan
I love how the thread goes quiet as anons are covering their shorts and panic selling
Chase Peterson
>Held DHT overnight AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH MAKE IT STOP
its gonna go back up and higher than ever before... this is a BUYING opportunity newfag
Luke Hughes
i bought the top of spy last week how much longer till i break even
Julian Richardson
HOLD ON TANKER BROS. DONT GIVE IN
Eli Gray
should have sold DHT pre market fml
Thomas King
DHT MOONING BACK UP BUY BUY BUY
Jace Diaz
Most likely. There will be a correction after reopening.
Zachary Bell
I'm green as fuck on my BRK.B, me and my new buddies Warren and Charlie are going to go rail some coke and bang a couple hookers. For 90 year olds they sure know how to party.
So is MVIS going to mirror UAVS? 4-5 dollars on the table?
Oliver Hughes
Why the fuck is Donald Trump fucking with the market????
Logan James
I know you retards aren't going to have anything to say about this but I will ask anyway.
How do you estimate the expected return for an asset class for the next month? As opposed to the next eternity. Which is what you are doing when you take a mean of historical returns.
This is an important question because, sure if I buy the SPY and hold it for 5 decades my return might be about 7%. I'm comfortable making that estimate. But to say the expected return over the next month is 7% p.a. is absurd.
I have three (or more) potential methods I am considering >Using a moving average, then calculating the uncertainty of the estimate and then making my investments risk-adjusted to the measure of returns. >A model which is based on both a moving average and the Buffett indicator. >A model which is based on a total average and Ray Dalio's 4 economic cycle theory I am hesitant to use any method based on fundamental analysis because as the saying goes, the market can stay irrational for longer than you can stay solvent. I could also set up a Bayesian optimization which just throws every machine learning algorithm at it.
I already have a good model for expected volatility. But the optimization problem of allocating my resources can't be solves unless I have an expected return estimate.
No one here has balls enough to short anything. Bears are larping.
Tyler Morales
He needs this. I don't think he can keep it up till election day though. He'll need a scapegoat which will fuck oil either way. Apart from that we are only barely opening up and the crisis still needs to begin. Tankers need patience. As I said before it might even take till Q3 when other companies have even worse earnings for it to really moon.
Gavin Kelly
yeah I did the same thing, I'm happy with my $400 and not getting hit with the dump when it comes
Jeremiah Stewart
IMAGINE BEING A FUCKING BEARKEK IN THIS CURRENT MARKET COULDNT RELATE YOU LITTLE BEARS BETTER CASH OUT YOUR PUTS RN BECAUSE LEMME TELL YOU YOURE GONNA HANG YOURSELF BY THE TIME NOON ROLLS AROUND HAHAHAHAHAHAHAHAHAHAAHAA
Jobs report Friday morning. When the worst unemployment rate in the history of the country is officially announced, reality will start to sink in. Until then, enjoy the rest of the week
Easton Flores
Just remember to always do the opposite of what biz does >everyone bullposting Have fun
Robert Russell
Nice cope, fag.
Sebastian Thomas
It's just a go to boomer stock for low information wannabe oil tycoon boomers
Jonathan Miller
Because zoomer or dick cheney when they all own big oil
Colton Robinson
>we're bagholders for 6 months now hoping that oil goes back to record lows thats not a good sign, id rather take my losses now and move on
You guys are Grade A idiots. Even Saudis and Russians aren't going to be able to stomach $10-15/barrel gas. The tanker meme was just that: a temporary meme while the market realized the true effects of the global lockdown, which is currently being UNWINDED. You bought the news retards.
>low information wannabe oil tycoon boomers Literally me, I even moved to boom town USA North Dakota 10 years ago to chase the oil money.
Jack Nguyen
Nobody cares about fundamentals, when do you start grasping your head around this,
Long the fucking market as long as you can make free money.
Tyler Diaz
Tankerbros... I... I can't take it anymore
Xavier Baker
Newfag here. Using a 20% Trailing stop loss is a good Idea to use with this, right?
Wyatt Kelly
wtf jobs reports and unemployment is bullish enjoy those expired spy puts
Cameron Sanders
what was your plan? was it successful?
Ryder Anderson
dont listen to this guy, he's autistic.
Nolan Lopez
Unemployment is an unironic non-factor at this point. Get it through your skull.
Jacob Diaz
But the dip
Noah Carter
Need some serious advice anons.
I've ridden MRO 8$ July 17 calls from 11cents to 45 cents its at currently.
Tmrw is the earnings call. Sentiment is bipolar in terms of the articles, and I don't know that EPS models have any relevance in a situation like this, as most models break down in several standard deviation events.
You bought the absolute fucking PEAK of low demand you mongoloid. It is only up from here, and producers have drastically cut supply to boot. At some point the price is going to rip in the next month or 2 and you're going to be left with the bag.
Mason Robinson
don't be greedy: take your gains and run
Grayson Rivera
It's going to $2.50 at least
Aaron Martinez
GRWG IS POOOOMPING!!!!!
Jaxon Martin
oh nononononononoonono
Joseph Gray
APT earnings tomorrow morning. finna ride one last time.
made some gains today but market is uncertain and took my gains. good luck to everyone and don't be greedy user
Jackson Lewis
SOXL having a nice pump, glad I DCA'D down yesterday now for sure!
Benjamin Roberts
yeah, what's the deal with this? forward looking or not, it's going to take a lot of work to deal with re mobilizing. the depletion of funds in state UI accounts and municipal accounts sounds like there will be unrest soon.
Caleb Wood
I'm still here, own two houses (one rental) and work in an essential non oilfield industry. Mild success but took a lot of hard work and patience.
Connor Bennett
THIS The earnings will show the real truth.
Parker Rodriguez
>drastically cut Kek
Adam Sanchez
lot of risk to be taking on two 90 (one closer to 100) dudes continuing to wake up the next day.
You know it'll crash when one of them drop, and the other won't be far behind. Then that'll be that.
>Everything up except DHT . Lol, almost fell for the meme myself.
James Williams
>producers have drastically cut supply to boot this is where i know you're retarded. they haven't cut shit. 11 Million BPD? is that a big number?
Hudson Ortiz
already priced in bought at the top and is now coping bro
Ayden Reyes
Im immune to loosing money now
Justin Jones
The only time you hold thru earnings is if you’ve got some legit badass insider info. AKWAYS take profit NEVER hold through earnings arent quite golden rules but if making profit is important to you it’s pretty good advice:
Parker Morris
no way it's not up too high though? There is literally no way.
