Stock Market (23 Viewers)

[AFL_ITALIA]

We could use a thread for general discussion of global markets, as it doesn't quite fit with existing threads.

We saw a bit of a rebound today after the big selloff that happened in the days prior, including Tesla dropping a whopping 21% in a single day.

Spoiler

Will COVID tank markets again? Does Jerome Powell's printer ever run out of ink? Will the bubble finally burst like Vesuvius and kill every bull within a 2,000 mile radius of Wall Street? Stay tuned to find out, welcome to the casino.

Getting started:
https://www.nerdwallet.com/article/investing/how-to-invest-in-stocks
https://www.nerdwallet.com/best/investing/free-stock-trading

Event calendar:
https://research.tdameritrade.com/grid/public/markets/calendar/calendar.asp

Some free news sites:
https://www.reuters.com/finance/markets
https://www.bloomberg.com/
https://www.ft.com/markets
https://finance.yahoo.com/

 

Buy on AliExpress.com

[lgorTudor]

Nice bread

check out Tesla build quality
https://teslamotorsclub.com/tmc/threads/found-this-little-gem-on-my-55k-model-y.205922/

Here's your $60k car, bro

 

[AFL_ITALIA]

Nice bread

check out Tesla build quality
https://teslamotorsclub.com/tmc/threads/found-this-little-gem-on-my-55k-model-y.205922/

Here's your $60k car, bro

What even is that?

They sell flamethrowers and shorts too so it's ok.

 

[campionesidd]

Never got the hype behind Tesla's cars.
They're doing some really smart stuff with grid energy storage though- that's going to be much more impactful than EVs imo.

 

[DAiDEViL]

Nice bread

check out Tesla build quality
https://teslamotorsclub.com/tmc/threads/found-this-little-gem-on-my-55k-model-y.205922/

Here's your $60k car, bro

"A lot of "engineers" in this thread lol"

Sounds like an apple forum. Gotta defend ma baby.

 

[lgorTudor]

What even is that?

They sell flamethrowers and shorts too so it's ok.

By the looks of it, that big silvery box (LCC) 'ended up' too heavy so it either pulled on other components too hard or wasn't perfectly horizontal like it needed to be in order to function. As 'solution' they put a strap around it and pulled it real tight to increase stiffness but now the strap isn't supposed to touch the edges because vibrating metal parts could cut through it so they literally sent some intern to home depot to buy 25c faux wood bits in the garden decoration department.

"A lot of "engineers" in this thread lol"

Sounds like an apple forum. Gotta defend ma baby.

Soi bois are coping hard

That shit wouldn't pass QA of any car brand

 

[DAiDEViL]

Soi bois are coping hard

That shit wouldn't pass QA of any car brand

Imagine your local TÜV guy bursting out in laughter seeing this. That diy hack reminds me of the only in russia videos on youtube.

 

[ALC]

Tesla does a lot of things they shouldn’t in engineering. They do end up improving on later iterations so I guess it’s to be expected with new products but they’re still going up against companies that don’t do that bullshit so they need to be held to the same standard.

it’s especially shameful that they don’t list the components used in any process or assembly documentation. That’d be a failure from the regulatory bodies in most manufacturing places.

 

[lgorTudor]

Tesla does a lot of things they shouldn’t in engineering. They do end up improving on later iterations so I guess it’s to be expected with new products but they’re still going up against companies that don’t do that bullshit so they need to be held to the same standard.

it’s especially shameful that they don’t list the components used in any process or assembly documentation. That’d be a failure from the regulatory bodies in most manufacturing places.

That's because they are running a car company as if it was a tech company and don't see the difference

They have part catalogs, what they do not have is mechanical engineers kek look at the absolute state of that heat exchanger
https://teslamotorsclub.com/tmc/attachments/lcc-drawing-png.586432/

 

[AFL_ITALIA]

By the looks of it, that big silvery box (LCC) 'ended up' too heavy so it either pulled on other components too hard or wasn't perfectly horizontal like it needed to be in order to function. As 'solution' they put a strap around it and pulled it real tight to increase stiffness but now the strap isn't supposed to touch the edges because vibrating metal parts could cut through it so they literally sent some intern to home depot to buy 25c faux wood bits in the garden decoration department.


Soi bois are coping hard

That shit wouldn't pass QA of any car brand

Imagine your local TÜV guy bursting out in laughter seeing this. That diy hack reminds me of the only in russia videos on youtube.

Could be worse




I know absolutely nothing about cars, all I know is Tesla's are really nice on the inside at least.

 

[Bjerknes]

I bought Tesla calls the other day on the dip and then said I was going to close them at 400, stock price hit 400 today and I didn't close them because I wanted them to fill the gap, then it sold off fast and I lost all my gains. In fact, I lost more than my gains because my options expire tomorrow. I'm a fucking retard and need a break from this.

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Video of me from earlier...

 

[AFL_ITALIA]

I bought Tesla calls the other day on the dip and then said I was going to close them at 400, stock price hit 400 today and I didn't close them because I wanted them to fill the gap, then it sold off fast and I lost all my gains. In fact, I lost more than my gains because my options expire tomorrow. I'm a fucking retard and need a break from this.

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Video of me from earlier...

That is why I will probably never in my life fuck with options, it's terrifying. I don't think I could mentally handle a loss like the kid in that video. You seem to know what you're doing though, so I'm sure you'll make it back relatively soon at least.

 

[lgorTudor]

That is why I will probably never in my life fuck with options, it's terrifying. I don't think I could mentally handle a loss like the kid in that video. You seem to know what you're doing though, so I'm sure you'll make it back relatively soon at least.

You'll learn to cope. My biggest daily loss in cryptaw was $237k in paper gains and my coping mechanism was that the taxman wasn't gonna get half of that at least

 

[Mr Chocolate]

working in wealth management is cancer, the amount of rules and regulations regarding how i can invest is horrible, in regards to reporting everything and getting approval before i buy etc.
Really makes me not bothered trying to actually invest, might have to stick to ETFs

 

[Bjerknes]

That is why I will probably never in my life fuck with options, it's terrifying. I don't think I could mentally handle a loss like the kid in that video. You seem to know what you're doing though, so I'm sure you'll make it back relatively soon at least.

It's been only losses for me the last two weeks. Good thing I learned to take profits out of the account before putting everything back on the table.

I think it's going to be very choppy and volatile up until the election, so I'm probably not going to trade as much. As bad as it is, I wish we would have another crash so that way we could buy the major dips again like in April. Much easier to make money back then.

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You'll learn to cope. My biggest daily loss in cryptaw was $237k in paper gains and my coping mechanism was that the taxman wasn't gonna get half of that at least

Yeah that's a good way to look at it, not looking forward to cap gains next year. Trump needs to rescind them, plz.

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working in wealth management is cancer, the amount of rules and regulations regarding how i can invest is horrible, in regards to reporting everything and getting approval before i buy etc.
Really makes me not bothered trying to actually invest, might have to stick to ETFs

No doubt about that. The SEC and FINRA would have your ass. Luckily I work for an IT firm so I don't need to deal with any of that nonsense.

ETF's are definitely a cool instrument, maybe not so much the leveraged ones though.

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The only methodology that seems to be working right now is orderflow, which is the notion that the market trends to where the largest buy/sell orders exist. I need to buckle down and learn this because I've seen people make a killing using it, especially in S&P emini futures. People are calling daily tops and bottoms to the tick.

 

[Bjerknes]

If we don't bounce here on the 50-day moving average on SPY/SPX we're going a lot lower and starting a new downtrend/bear market. I can't imagine they would let that happen right now, but who knows. I'm probably buying SPY calls at close.

Need to get back above 3340 on SPX for a move higher next week.

 

[AFL_ITALIA]

I have a feeling it's going to get ugly leading up to the election too.

 

[lgorTudor]

looks like a solid ascending channel.....too solid

 

[JuveJay]

Nice bread

check out Tesla build quality
https://teslamotorsclub.com/tmc/threads/found-this-little-gem-on-my-55k-model-y.205922/

Here's your $60k car, bro

Lmao, they just installed it with the protection still on?

 

[lgorTudor]

Lmao, they just installed it with the protection still on?

no their original construction wasn't working so they installed this to support the heat exchanger's weight

and then sold it to their bitch ass faggy sillicon valley customers that obviously don't care despite the fact that construction might kill them but who cares

3 months down the road: Tesla Model Y explodes in Palo Alto, nobody knows why