Proposal: Replace the stock market words pastebin by marketbeat.com/financial-terms/ >more terms >better explanations >every term links to a full explanation and tutorial
I'm finally taking the weekend cars out, assuming it doesn't rain.
Josiah Cox
As of now, there have been ~95k deaths related to CV in the US, and a total of ~1.63 million confirmed cases. Thus, of the known total confirmed cases, the case fatality rate, which is the number of fatalities from those diagnosed with a particular disease, is 5.8%. Consensus estimates for the case fatality rate globally generally hover around 1%, so in order for that to be accurately reflected in US numbers, the total confirmed cases would have to be closer to ~9.5 million. Either that, or the case fatality rate is much higher than being reported, globally. Given the lack of testing in the US, it's probably somewhere closer to the former, which would mean that up to now, only 2.9% of the total US population (as an upper bound) might have been infected. Good support for a quarantine being somewhat effective, given the extraordinarily high R_0. The problem is, what will those numbers look like once we re-open, and which way will the case fatality rate lean once containment is forfeit?
Are you retarded? The massive dip was caused by literally nobody using oil. Did you miss the negative oil price ordeal? Airlines are grounded, nobody is traveling, everybody is working from home.
fuck I can't think of anything to funnel my 50% cash into but more REITs. REITs still making same income thanks to all the government funds and shit yet its stock price has basically halved. I have oil shit in my watchlist but I was too pussy to buy into PSX 3 weeks ago.
What other sectors should I be looking into? FUCK tech stocks and FUCK airlines though. My heart can't handle that shit. I'll be happy with +20% over a few months
David Cruz
how are those puts big guy?
Charles Sanders
>it's may 2020 on /smg/ >we're still talking about the virus and not the unsustainable debts and cashflows
Yes. That's why all-cause mortality across the most heavily infected areas of the US shot up as compared to the last five years. Because of nothing. Note that this is regardless of reporting and identifying procedures for CV, and is simply the total number of deaths in a given time period compared to the historical average for the same time period over the past five years. Do you have an explanation? >archive.is/E2dPF
That's been the more serious underlying issue the entire time. The virus is just icing on the cake, but the credit and solvency issues that are going to spring up out of the economic downturn are going to be a major issue, only exacerbated by lingering virus effects on consumer sentiment, personal consumption expenditures and discretionary spending, etc.
Where in my post did it say that? I'll wait while you point it out.
Hunter Ortiz
>AHHHHH!!!! THINK OF ALL THE SPICS, NIGS, GERTRUDES, AND AIDS FAGGOTS!!!!!
oh wow would you look at this extremely low volume, just like 2008 slowly crabbing downwards, just like 2008 exactly on the same day as 2008 crash, may 22nd "return to normal", just like 2008 next thing remains to be just like 2008 is that it collapses over the summer
Christian Williams
Covered calls and cash covered puts.
Dividends are your friend
PREMIUM is your lover
Benjamin Cook
AND FUCK YOU
Gabriel Howard
Did anyone else see that 15 million volume spike earlier or am I just taking crazy pills? where the fuck did it come from?
How the fuck did tankers get memed into shitcoin status?
Isaiah James
O NO TANKERBROS WE GOT TOO COCKY
Ryder Reed
Blue chip stocks are small companies which became huge companies. They don't exist to entertain anyone with their movement (which don't go in the same direction)
What does /smg/ think of puts on Hang Seng ETFs? I think shit is about to hit the fan even worse for them continuing into next week.
Kayden Ortiz
Where? post a pic bud.
cheers to you, friend
>user posts a clip from mortal kombat video game >another poster comes in and posts clips of bums fighting eachother to the death >you: this is your fault you stupid murderous faggot
Another 100k average volume SPY candle day. Literally nothing happening.
Chase Perry
I'm just talking about the oil contango game that was going on, remember all the OPEC bullshit going on? They were legitimately a good opportunity. But again, bagholders and late comers just kept memeing it after smart money got out.
William Brooks
SPY pulling a bart right now and I bought the top. Fml
Oh no, they are starting to turn on Buffet. Who is next in line for them to worship as an investment god?
Juan Martinez
why are you assuming or projecting i've been long on wti and ndx since the dips
Josiah Clark
>low volume meme Yeah, compared to the volume in the middle of a fucking market crash maybe. Compare the volume to days when that’s not the case, because it currently isn’t.
