/biz/ - Business & Finance

first fuck the free world

first for SEAS

>>10255798
>Enemies of the free world

First for uhhh
SPY still not break 280 yet

Daily reminder that these threads have been
ruined by dumb weabs and larping tripfags who don't know how to trade

PAMP IT

>he fell for the bear market meme

Fucking ALT is on crack. This thing is mooning.

>>10255831
You will NEVER break even
rah rah rah

>>10255831
>tfw No retarded GF who tries her best and fails anyways but never gives up.

blood. BLOOD. BLUUUUUUUUUUUUUUD.

Cheap shares available today on lots of stuff. Weed sector has been pissing me off with the low volatility lately. Only reason I trade the dude weed is the volatility. I need the swings or my trading strategy is for shit.

Thought about EMH knife catch again this morning. Declined again. Something is going on with that stock and it's not just a garden variety short attack. Bad juju. Not touching.

Yes, so back to old thread. There are no PDT rules on futures, its traded 23 hours a day. Commissions are super cheap and leverage is good. Taxes are flat 60/40 and there are no options greek bullshit.

Cons are that your gain/loss are realized daily, and as such there are generally larger margin requirements.

>>10255873
sure am glad i bought a thousand.

ALT just broke 50 SMA

Did the algos find this shit and start pumping?

Holy fuck.

ALT

>>10255910
>tfw only 500 @ $.42 average
I don’t even know what to set my limit sell to

Weebs gassed when?

>>10255924
I was gonna go for .6 but now idk

aaaaaaaand right back down
fucking ALT

LOL
anyone see that fuck huge dump on ALT?
i think someone has to cover lol. poor guy must be sweating bullets that its taking off rn

BUY CISCO RIGHT NOW

>>10255970
that was desperate as fuck my dude.
this is literally shorts last stand

>>10255970
>>10255974
These sell offs are getting devoured no worries mate

>>10255978
CSCOs ERs are such a fucking crapshoot lad
fuck that

>>10255993
oh im not
this is moving bigtime, and SOON

>>10255974

Poor souls that shorted ALT. They got fucking JUST'D today.

ALT

>>10256003
maybe if they opened their shorts literally yesterday but even people who shorted as little as a month ago are still in the green

>>10256003
i think these are guys whove been in for a while. especially judging on how they keep dumping a million or so shares at a time. theyre trying to get their two scoops.

the good news is that these bid smashes are hardly keeping it down. the buy pressure is outweighing the overwhelming short pressure

FUCKING WHEAT
DRUS
ALT

ABANDON THE MARKET
LONG MEMES
SHORT EVERYTHING ELSE

also, for continuities sake
the 5min rkg penis index has been performing quite well today. called the reversal of junk bonds, SPY and QQQ

i sold 1000 short of each at first sign, and then doubled in for another 1000 of each on confirmation
the drawdown was pretty negligible, but im gonna adjust this a little more so that theres less false signals near the 0 line

>>10256001
cisco just got amazoned
sell at 42

>>10256148
im never touching it again desu
that shit fucked me so hard last ER
i got my bear plays in anyways, so i dont need anymore rn. long bonds and VIX

Faggot stop fucking up the op you stupid nigger

srsly tho
wheat is looking good rn
/ZW futures finally got back up into the channel they were in before the tradewar FUD hit

Futures and Forex 24/7 markets?

>>10256196
be nice to Grim

>>10256219

>spy still can't break 280

we going bear soon

I'm gonna hold tvix over the weekend

Is this a awful idea?

>>10256196
what is wrong with it

>>10256266
holding TVIX itself is almost always a bad idea

i AM long vol tho
buy month out VIX calls. theyre cheap today

wtf JPM?

>>10256266
I'm gonna too

It's not advised, but I think we're in for some shit next week

I have about $2K in it

>>10256337
seriously nigga, buy ONE VIX call instead of holding TVIX desu senpai

your cost basis is much lower, your rate of return is higher, and your loss is capped at what you spend on the premium.
dont listen to the retards that say VIX is going to 9 during ER season. it obviously wont

>>10256326
yeah i dumped that bitch

>>10256326
i'm sure it'll pump before closing, and after-hours

>LCI

top kek

yet another great call you stupid faggots

>>10255889
T_T
one day all me hard work will pay off and ship will come in, not worried at all!

>>10255876
Am
Master of breaking even
It just turning profit hard part

Common doesn't it worry you just small but that spy has failed break 5 separate days, and 4 times today alone?

>>10255978
>Cisco one of only two stocks me own
Screw Amazon ;_;
Why can't they let Cisco hold the switch market.;_;

>mfw SPY

>>10256398
My average cost is 14.49 i'm getting dangerously close to bagholder territory but was planning to hold it long term anyway. Funny thing is I was bagholding ALT and now i've turned a large profit on that. So the big 5 cycle continues.

>mfw all these faggots bought ALT without knowing any basic facts about it

>>10256422
>doesnt it wor_
No
>but_
No. Because I know where its heading EOY

>>10256398
>i bought a stock on someone elses advice w out looking into it
>and can you believe it? it went DOWN
>i was told it was going to go up
>i was lied to
>better whine on /smg/ about it
>tfw

>>10256441
i assume youre probably mostly underwater by now
i say hold it m8, shit is definitely not looking good for next week. junk bonds did the same thing as last time
whats expiry?

>>10256451
I know nothing about it and made 18% profit. No complaints from me.

>>10256451
doesnt matter too much when you got a squeeze set up like this tho. it closing above that trend is gonna be pretty huge. wouldnt surprise me if we saw them covering into close

>>10256422
>Am
>Master of breaking even
>It just turning profit hard part
if you had just bought and held SPY you'd be up 10% by now, you know

>>10256463
I still have 10 days, I think I can break even and maybe walk away with a few shekels

>>10256479
/smg/ short squeezes are the biggest memes on the planet

>>10256469
You beat the odds, congratulations

>>10256364
I'm on RH like a pleb. What broker has VIX options and low/no commissions?

>>10256530
Expecting a long apology this podcast for what you said about the DOW last week

>>10256536
Use a vix ETN on robinhood

>>10256451
Jelly tripfag with a shit post yep sounds about right, kys faggot

Been bagholding, watching and researching this ticker since PIP so fugg off mate

>>10256530
>I still have 10 days,
shits going down monday
i wouldnt worry
i also have a deep OTM put on SPY rn. bought it with some of my scalping wins the other day, so im holding it till its nothing, or something

>/smg/ short squeezes are the biggest memes on the planet
comfy, watch the depth chart. youll see the difference. shorts are VERY worried right now and it shows. thats why they keep whacking the bid a million shares at a time

I hope you bought your hats

Considering jumping in sqqq but leery of earnings season. Thoughts?

>>10256530
I know you have a dislike for ALT so i'll ignore the smuggies.

>>10256539
S-shut up, the d-dow is broken
>>10256544
No u, st00pid faggot. Have fun when ALT gets delisted. Big 5 doesn't even hold it anymore

>>10256540
no dont use VIX ETNs cuz they always go down due to their holdings being worthless options contracts

>>10256536
i used to think i couldnt trade VIX directly either. try putting a "$" in front of it like
>$VIX
that worked for me

>>10256561
2800
2900
3000

Looks like a Friday Power Hour.
RIP Gomfy and RKG may you have better luck on your next positions.

motherfucking POWER hour

>>10256398
Wew lad glad I checked this thread when I did didn’t have a stop loss set, never doing that again. Got out at 13.85 instead of 14.00 but still made profit

>>10256569
>>10256559
hehe bought 124 shares of ALT post moon, AMA

>>10256616
you holdin over the weekend breh

>>10256630
Anyone not holding over the weekend is allergic to making money.

>>10256616
>post moon
?
m8 it hasnt mooned yet.
those shorts still need to cover

>>10256616
>post moon
which date was the moon, again?

if we can pump it and close convincingly above 2800 we could get to potentially 3200 or so before the crash on momentum. if not, 2800 is where the bear begins

>>10255761
problem with Forex & Futures is how extremely risky they are
day trading stocks relative safe unless using margin
Also if you using the SPXL vs SPXS hedging method of daytrading you bypassing taxes AND pattern daytrader

have wiped out 2 accounts trying 2 learn forex, am agreeing that Forex godlier daytrading but it extremely hard & painful learn

alright DRUS
lets close out the day on a high.
make those shorts sweat

>>10256616
I make really bad trades that lose piles of money just to post on reddit for the attention. AMA

>>10256616
>>10256697
Let the shit talking begin lads.

>>10256616
>>10256697
BTFO

>>10256674
>SPXL vs SPXS hedging method of daytrading
Which is?

>>10256710
>>10256720
You're right, I'm sorry :(

>>10256398
Fuck it I'm hodling

>>10256750
He is right though, have any of your options contracts actually been profitable?

ALRIGHT FAGGOTS

WHO ELSE IS SHORT NETFLIX WITH ME THROUGH THE WEEKEND

NFLX BEARS REPORT IN

>>10256750
dont let those niggers talk to you like that comf

>>10256763
My UVXY contracts made me $1000 back in the volpocolypse! Now I'm trying to replicate that

>>10256768
if we close below 2800 you might not be a retard

>>10256768
sold puts today. no postion for er as it tends to pump. i can only hope it pumps up to 500 post er so it can be my short of the century

>ALT REICH

>>10256454
kek apparently foolish question

>>10256511
you guys under mistaken impression that am not longing ever.... me plans 4 day have longs in them for raisin

its just am very short biased, and am longterm holding 25% SPXU

what rekt me was buying BTC on RH kek

Guys they're going to impeach Trump, get out of the market we're going down!

>>10256850
>russians getting arrested
literally nothing to do with Trump besides the based DOJ finally cracking down on marxist cultural subversion plots

>>10256422
It's a friday and trump is on TV parading around

>>10256850
>Guys they're going to impeach Trump
lol
how many attempts has it been this year?

tho i do hope SOMEONE is stupid enough to fall for it. id love to collect on my VIX plays

In the OP it says Degiro (for Europoors), one anon mentioned Saxo Bank some threads before. Opinions which I should prefer? Both look interesting so far, but I've not practical experience with either one.

>>10256894
try early in the morning (EST), like right before US markets open, or late at night. theres more euros on then

>>10256794
HBO budget is going way up and they are being ordered to do more shows
Disney launches a streaming platform next year
Amazon has twitch and their videos with LOTR series coming
Google has youtube with youtube TV

I want to short netflix bad but I'm not sure the timing is right. Feels like it will be 1-2 years and they have the sector growth of online streaming in their favor. More and more people including the cable holdouts are switching to things like roku and they all get netflix subs.

hahahahahaha

>>10256850
For the third fucking time today, the Russia story is kayfabe. I fucking wish it wasn't, because I'm long vol and I'd make a bunch of money, but it is. Unless you're long $NYT, ignore it

>>10256919
So basically I see their subs continue to grow. I think the problem for netflix will be converting the subscriber base and making profit at higher and higher prices as competition increases.

I don't see those negatives starting to hit it anytime soon though to a point where a short makes sense.

>>10256441
misery acquaints a man with strange bedfellows!!

>>10255836
You're doing God's work Anon.

hi yield bonds dumping into close again
directly against what the markets are doing
lets see if the pattern continues

>>10256616
so you bought like 50 bucks worth? O wow

>>10256935
This picture should be the next thread OP pic. The guillotine should have a green SPY written on it too.

>>10255836
Tripfags are cancer.

>>10256935
IT GOES IT GOES IT GOES

Dont forget to try your best :)

>>10256960
agreed

>>10256935
Luv u bby, plz gib femine pee pee in all my holes :))))))))))

>>10256960
>>10256973
FUCK OFF

>>10256986
KILL YOURSELF

>>10256934
this and don't forget to mention their large debt obligations
https://seekingalpha.com/article/4186996-netflixs-silly-price

>>10256634
What to hold?

>>10256988
>>10257001
Rude!

>>10257005
ALT

>>10257001
hehe anon iz agry >:))))
Plz hate fuk me

>>10257023
Careful, you're teetering on the edge of becoming an insufferable faggot.

The final pump

>>10257023
notice how 90% of all off topic posting is done by tripfags circlejerking
kill yourself

>>10257032
>>10257038
SPY TANKING BEFORE CLOSE

Fuck Chillies we are going to Romanos Macroni Grill in celebration of Bears losing

>>10257038
I enjoy watching anon's and tripfags sperg at each other because you autists don't know how to interact with people. I hope it continues.

>>10257050

i still don't get it why would anybody would buy HMNY

Will oil go down further or should I sell my puts and flip positions?

>hmny 0.15

on my watch list just so I can laugh.

everyone else must be wrong
getting tvix so I can get JUSTED over the weekend boys

watching the 1 minute candles as the market closes is so comfy

>>10257073
>on my watch list just so I can laugh
me too desu

>>10257073
https://robintrack.net/symbol/HMNY
>another set of bagholders created literally this morning

Baidu (largest Chinese search engine) which has a major stake in IQ ALWAYS has streaming searches lead to IQ as the first results. When did the Chinese learn these Jewish tactics?

>LCI still sellling off
>triptard delusion still increasing

comedy gold

never change smg!

Theres going to be a gap up monday too btw

>>10256988
>>10257001
you seem like a pretty serious guy anon
i can tell cuz the capslock

>>10257113
please

>>10257113
better order your hats now

Ding ding ding! Happy Friday gentlemen, how was everyone's week? I'm down 2.23%, this could have gone better.

>>10257096
well it's ROBINHOOD isn't it? at least someones havin a good day kek

>>10257121
That Anon is beak boomer posting, probably uses multiple !!! and ... too

>>10257098
IQ should rally next week, Rap of China (their #1 show) is starting season 2, July 14th, 2018

In other news

PG one, a huge rapper in china, is back on social media after getting slapped by the gov.

http://www.sixthtone.com/news/1002614/the-rap-of-china-returns-after-off-beat-year

Careful to avoid the now-sensitive word, the new Chinese name for the second season has changed from “China Has Hip-hop” to “China New Rap.” The show now promises a new look, more Chinese elements, a more diverse cast of contestants, and an emphasis on quality music over reality TV-style drama. The show is also bringing in extra judges, including the show’s first female judge — Hong Kong pop singer G.E.M. — and U.S. hip-hop trio Migos, who were invited to judge the show’s overseas selection round in Los Angeles.

if the newly branded rap of china does well even with government telling them to clean it up, IQ could go up a good bit

>>10257129
I made 96 dollars

I work for deloitte as an auditor, what do you guys reccomend for me? most blue chips are out of the question and some mid markets because we audit them, but I don't want to put my money in the bank and get a shitty return.

>>10257056
Can some one cover my tab? I didn't make any money on TLT this week.

>>10256956
Kek! Yessss!

the penis index looks absolutely flaccid on this fake and gay pump into close.

prepare your angus bulls

>>10257098
>he doesn't know chinks are the jews of Asia

>>10257154
only if you order off this menu

How did you guys do today?

>>10257174
down $8

>>10257174
got paid today, went down by like .71% waiting on wednesday to buy an etf I had my eye on, since it usually goes down that day.

>>10257188
I am down 7. Quite the rollercoaster today

>>10257154
i gotchu m8
did you cover your ass on those puts? i think itll be worth it desu. if things go as i see them going, TLT will certainly break 123

+$420 on the week

>>10257172
What kind of drink menu is that? Where's the scotch!

EDZ and SPXU are worth looking into after Monday's trading is over. Looks like we have approached another peak in a small cycle of a sideways moving market

>>10257158

>>10257174
Down $12.
I'm literally shaking.

>>10257159
Youre going Down Town

>>10257174
More importantly, how did YOU do?

>holding hmny over the weekend

How do I buy hay?

>>10257215
I am down .37% so nothing really happened today. I was down 3% earlier. I am unsure if I should have sold my MSFT call today. JPM was very rude to me today as well.

big buys on ALT in AH
or maybe its shorts covering. either way, looks good going into next week

>>10257215
no u

>>10257216
what were you thinking?

ALT pumped back up AH. Monday will be glorious.

>>10257158
Fucking hot desu
>>10257174
Down 6.5%, it could have been much worse

>>10257257
You live and you learn.

>>10257216

Imagine buying during the October peak

>>10257174
Down .02%, pretty boring day overall.

>>10257174
pretty well

>>10257246
That it's going to gap up on Monday and I'll get out with quick gains.
>>10257269
I'm glad I'm only slightly retarded and not full blown retarded.

>>10257279
Good job!
>>10257276
Better than down 2%

Writing the podcast right now, comment with anything you desire in it and it shall be done

>>10257302
Apologize for your comments on the Dow, you have to be sincere and apologize to all the Dogs and Golden Bulls and admit total loss

>>10257289
true

>>10257302
hi mom

>>10257302
You need to ask those college kids about seizing the means of reproduction.

>>10257302
dont do this >>10257324
and instead double down and continue talking shit

>>10257165
The Chink government has publicly stated on record that they have seen how the Jews control the media and banks in America and that they wish to learn and adapt these techniques for their own use. Its just fun to see Chinese businesses finally getting a more modern Jew feel.

>>10257144
It would be good PR, but they always have like half of the top shows these days anyway. I'm just hoping netflix doesn't shit the bed monday because the residual effect it would have.

>>10257266
Out of everyone here, you losing money hurts me the most.

>>10257372
>The Chink government has publicly stated on record that they have seen how the Jews control the media and banks in America
lol this never happened

is there an index that tracks corporate debt? or perhaps just their yields?
HYG is too susceptible to momentary buying and selling. need something that isnt directly traded

Is TLT mooning because of the tariffs or something, people afraid of buying equities and thus purchasing bonds?

>>10257372
>The Chink government has publicly stated on record that they have seen how
sauce

>>10257448
its because were going down next week
thats literally it

sad part is, as soon as they realize that the shit yields arent even beating inflation, theyll probably dump em again, but who knows when thatll be? i hedged with some 123 calls desu

how long you got on your puts? i got a few months so im not that worried, but i hate watching it dwindle away, so i evened out the deltas

>>10256734
basically, instead of closing short by selling SPXS, just buy SPXL
or vice versa

>>10257159
rkg index oscillations are getting tighter and tighter and same with SPY hurst channel, very atypical symptoms of false breakout pattern

>>10257174
SPY never broke 280
am doing amazing
pic related SPY next week

>>10257144
sounds good, but if China really is slowly moving towards the cliff wouldn't it scare off a lot of buyers?

>>10257491
>>10257419
http://www.mei.edu/content/map/china-s-ambivalent-attitude-towards-judaism

You guys are so lazy, this shit is fairly well documented. They have a love hate relationship with Jews. They think of them as diplomatic gods of manipulation, but at the same time are super careful about them. Thats the first thing that came up with a basic as fuck google search. Paragraph 12 more or less sums it up if you are too fucking lazy to spend 5 minutes reading.

>>10257509
i got like 2 months and 1 week, my break even is like 119.50 Sept 22nd

>>10257561
I still think bond trading is way more complicated that trading equities
I am too brainlet to touch

>>10257448
>tripfag
>Posts normalfag image macro memes likely taken from social media

KYS

>>10257448
>>10257510
Disgusting. KYS

>>10257491
>sauce
https://en.wikipedia.org/wiki/Currency_Wars

China has a ton of bestsellers on the subject of how Jews dominate the west.

>>10257591
The yellow Jew will be our greatest obstacle in the next century.

>>10257560
non believers BTFO
bretty funny how chinese state media gets away w saying whatever they want

>>10257586
Fuck you, I bet you couldn't pour piss out of a boot with instructions on the heel.

>>10257560
article does not support your claim in the slightest

>>10257628
The more truthful analysis is usually from some foreign entity on a subject. There is always enough ugly things to just say the truth to smear them. Whereas lies are usually used to describe your own.

>>10257628
>>10257591
Fun fact angel cop is actually a warning about chinks

>>10257510
after hours isnt quite over yet

>>10257628
Trade War is real because Chinese have been preparing for a moment like this all their life!

people not understood how serious this is!
was teached how to trade by Chinese aristocrat who literally got his kicks from destroying american mmo markets
We are fked!!!

Le podcast
https://www.youtube.com/watch?v=DctNGQjGVMo

>>10257745
I hope you're right >:(

I don't know much about stock but someone was talking about Ethopia and the fact that the peace that was made there would be good for investing.

I'm willing to but a small amount in something to see if it works but not sure where to put it.

hmmm I prefer NASDAQ you poor S & Pee pee Traders are less than human. hm,
pesants

>>10257591
bbbut they have cult following for almost everything, especially for some kind of authority figure, but ok i get, sold

>>10257819

>>10257819
nice

>>10257896
>>10257898
Someone is browsing on their TV because they watched it on their TV. AMAZING

>>10257908
May have been me

>>10257916
BASED TV POSTER

As far as I can tell, the bear case for Netflix is growth slowing down. But they are still seeing rapid growth everywhere but the US. Am I wrong?

>>10257819

YES

Does /smg/ dab every time they make 1 dollar?

>>10257745
They need us more than we need them. Their economy is an actual Ponzi scheme. Without a consumer to buy their dogshit China is actually fucked. They will bend first. I guarantee it. They're also stealing from the US blind and prohibiting competition in their market from US companies. FUCK CHINA. They're going to bleed and die a painful death. This trade war is going to be amazing to watch as the world falls to it's knees, reaches to unzip Trumps pants and try to suck his dick for forgiveness just to be rejected and laughed at until the leaders of these inferior countries are replaced by people who /get it/. RIP China. Rot in hell.

>>10257928
there is no bear case, only small spec
1000 it goes

>>10257934
>making money

>>10257934
do you dab every time you post this

>>10256398
I accidentally bought LCII and made money. Thanks

>>10257908
I watch youtube on the TV all the time

>>10257870
Never, EVER invest in anything involving Africa unless it's a western company that's only in Africa to extract their natural resources.

>>10257928
India growth slowing

>>10257725
demark, kenter, and hurst channels all saying 279.8 the top on many time frames

this price so wrapped up tight here, can sleep on that!

>>10257939
it's true!
https://www.youtube.com/watch?v=XopSDJq6w8E

>>10257939
Trump is experiencing pressure from pretty much all manufactures to resolve this. China does hurt more, but with Midterms coming soon, Trump will pull a "win" out of his hat just before the cycle starts to help along his party. His base already views him as winning, but now he was to actually win. He has a few months to do it at best.

>>10257928
the bear case for netflix is content providers squeezing out all of Netflix's profits by threatening to remove their content from the streaming service
hence why netflix has been desperately shitting out their own content for the past two year

video streaming industry could easily go the same way as music streaming: full of competitors and dictated by media conglomerates

>>10257870
>Ethiopia
it's already full with multinationals and chinese corps that work for them, I don't any local yet, but https://finance.yahoo.com/quote/USDETB=X/?guccounter=1

>>10257965
Invest in rape. Africa a best sector

>>10257965
based

>>10257986
Too bad their content sucks, and content production is a big quagmire

>>10257970
You still dont get it do you
I dont even need to glance at the chart to know it closed at 279, as a psychological barrier for small specs that didnt want to close their shorts

In other words, gap up monday

>>10257986
Fair enough, if growth keeps pace I don't think investors will care too much, but I'm not in the know enough to anticipate what growth numbers will be. It will be interesting see the results since they are a leader in the industry of "Lose money but don't worry we will make it later" based on huge growth and market shares.

>>10257939
>They're also stealing from the US blind and prohibiting competition in their market from US companies.
This. The Chink cycle is as follows:

>ok, you can operate in Chinkland but only if you hire 1 mirrion Chinese workers and train them in the ways of AI and censor everything the way we want to and pay all your profits to China
>ok, we steal all your technology and use the workers you trained to duplicate your services in a diffrent Chink owned compnay
>now u cant operate in China anymore permit revoked so sorry thank u goodbye

>>10258052
The Chink middle class is apparently the group that gets the short end of the stick in these trade wars. I would say Xi will cave in for his people 100% but the guy is pretty damn headstrong. I feel like the only resolution is both nations feel like they win, or one is subjected to a death strangle.

>>10257982
Muh blue wave isn't going to happen. Trump knows this. As he said before the presidential election, he could kill someone in the middle of 5th avenue and it wouldn't make an ounce of difference. Manufacturers are already pulling out of China. They're not re-shoring manufacturing because of patriotism. Costs of service is getting out of hand in China. Companies that are still there are retarded dwindling.

>>10257908
CHAD INVESTOR

I will buy these ashes when the time comes. Daily RSI is now 20. One more stiff kick in to the gutter and it'll be ready.

>>10258052
>and train them in the ways of AI
Even amazed they even have some original companies that aren't nflx, aapl or any others cheap copy or funded by the gov, oh wait..

>>10257208

Highly underrated comment. EMs are going to GAPED

>>10258111
Looks interesting. Thanks for this.

BLOOD FOR THE BLOOD GOD
SKULLS FOR THE SKULL THRONE

>>10257819
c o m f y

>>10257950
I think you solved the puzzle.

Well today was a mixed day
On the plus side, I made money without making a single trade
But unfortunately I slept in until 3pm, ignoring a dozen alarms set between 8 and 11

And it looks like I broke the $1,5XX profit resistance line finally

>>10258174
I just had the crazy urge to get into candle-making and make a red/green candle every week that's to scale and based on on the price movement of the S&P 500. I would get wall-mounted candle holders and arrange them on my wall to mimic the S&P's chart.

>>10258159

Sure but don't buy this shit until bounce chances look good. There is a reason the SP is falling. EMH, a BC based producer, did not receive a supply deal from their own province. That's why it's on fire.

>>10258025
am understanding more than you think! \

have been seeing /gap up/ to 283 since Tuesday
.... and you right, am not even thinking about closing short until above 280!

but Bulls amazingly complacent right now!
they are complacent because there are no /real bears/ in the market ATM

bulls NEED a gap up to 283 to keep bullish!
this should make you worry!

>>10258257

do it and post pics pls.

>>10258257
Damn thats a fun project. I make candles with beeswax pretty frequently but don't color them. Some red and green dye might be a nice purchase.

How was your week smg?

>>10258257
Your time might be better spent trying to get laid. But, please post pics if you decide to make candles.

>>10258257
S&P 1D has been aesthetic as heck since the crash

>>10258300
>complacent
Ah yes, you are too easy to read. Daily Forex videos I presume? Those idiots

You dont seem to understand the real game
We dont need anything, because its going to 2900 eoy, then 3k
Then 4k

>>10258361
I have a GF and get laid more or less whenever I want. Sometimes my 'tism flares up and I want to do weird shit like make a real life candlestick chart of the S&P using actual candles though.

>>10258257
This would be a cool art project desu! just don't use them or the data would become inaccurate

SPY crashes on Monday. (((they))) can't hold up this market with such low volatility for much longer in earnings season

>>10258499
heh heh heh
Thats what you think
VIX 11-10 next week

>>10257928
the bear case is they are billions of dollars in debt and increasing their spending by borrowing even more
in an environment where they are losing their first mover advantage as the real media big boys embrace the digital age
on a stock that has run harder than basically other this year so far and is now reaching absurd levels of 80x times future expected earnings.

Mark my words. Moon by late July .

>>10258499
kek

>>10258561
>80x
probably more than that

>>10258561
>>10257928
See hmnys model

>>10258615
One has/had the capitol to grow. One is funded by fucking investors in the ass. Netflix all depends on growth from this quarter and how closer those profit margins have gotten. HMNY has low prospects because they don't have the backing or market share to make those big boy moves to secure a future. Without fucking over investors that is.

>>10257928
same case against amazon. Priced to perfection. No one is asking "how much can these companies really grow?" People are just accepting the 200+ P/E. They are both still burning cash to expand and hoping it to recoup it later by raping customers. Has everyone already forgotten how many customers netflix loses each time it raises prices? Can amazon's stock really survive another year of shitty prime days, making barely any from acquisitions and promising delivery by Christmas then not delivering?

>>10258689
Once investor trust is broken in even one of these companies we will see valuation drop across the board, the only question is when will it happen if it all.

>>10258570
you are delusional and on fucking who knows what drugs, man sort yourself out. I swear to god if ur more than 10$ down im gonna fucking loose my mind.

>>10258663
Netflix started by taking the market share from blockbuster. No streaming until 2006. Hmny is competing with fandango to eliminate the cost for moviegoers and subsidize the theater industry. Every theatre has A comparable gimmick to hmny. But hmny has The best deal and the most structured system . Every theater is bending over to get beat movie pass , helping create demand for a product that hmny basically owns

>>10258733
My bet is on TSLA setting off the chain reaction.

>>10258570
Fucking saved, see you on the 22nd you madman

why does the russell lead the market so often?
also
i made the penis index even more incomprehensible. enjoy
>light blue area is TLT tsi (true strength index)
>dark blue area is HYG tsi
>white histogram is VIX tsi
>yellow line is SPX tsi
>green line is NDX tsi
>baby blue line is IWM tsi (couldnt use RUT as i dont have smaller time periods)
>red line is DJI tsi

>>10258414
>inb4 none of that happens

>>10258733
judging by the total penis index, it couldnt be more obvious
the results are in
....soon....

>>10258780
The amount of hit pieces on Musk and Tesla makes me agree. The media wants Tesla to fail probably so Bezos can run space

>>10258414
kek have never watched video about trading in me life & never will
this comes from pure watching tickers & charts & reading tons of TA generated by plebs every day


also think we hitting 3k EOY but it gonna be like BTC
also the ranging to 3k will be boring

>>10258799
Make sure to post it in every /smg/ I want to be on the podcast

>>10258801
The 2000 is a better measuring stick of the market
If it could go down in the next 8 days, that would be great

>>10258801
Any leveraged exchange products that track it?

>>10258570
28,000/250=125

125x$2= $250
That's what your HMNY shares will be worth by eoy 2018
Screen cap me

>>10258859
Your math is make me think you work for hmny

>>10258809
>still uses TA
wan wan
You still havent realized that naked trading is the Superior method
not even a chart is necessary, only one number

>>10258885
I think he's saying there will be a 250x r/s so you'll end up with 125 shares and he's also predicting an share price of $2

>>10258885
Your English makes me think you will lose a lot of money holding HMNY

>>10258885
He just did a reverse split and shat on its value?

>>10258359
Much, much worse than that

anyone elese make 2k+ profit off a 1400$ investment this week ?

>>10258924
Oof, but you can make that back quick enough fren

>>10258805
my theory is the hit pieces are actually preferable for elon. he makes a big shitshow, gets retail scalpers to flip short, writes a bajillion puts, blows them the fuck out, then uses his gains to buyback the stock.

theyve done it like 4 or 5 times this year. im totally convinced its a coordinated effort. the only thing holding that stock up is well timed FUD and subsequent short squeezes

>>10258833
according to the total penis index,russell is headed STR8 down currently.
SPY and DIA havent heard the news yet but are about to jump, corporate debt is headed directly for the center of the earth, VIX is coming back, and treasuries are mooning while all of this is happening

hold onto those puts, i got a good feeling about this desu

>>10258856
>Any leveraged exchange products that track it?
the total penis index?
sure, the non leveraged one is COCK and the 3x lev one is BBC

>>10258570
Behold the Superman! He is this madness! He is this lighting!

>>10258801
you could change your henki green bars 2 white 2 make it alittle more visible!

oh man you really going all out on this thing!

If you want look so many stocks at once there are thing that can do 2 make more comprehensible

Krivo Index style!
Or
We could use ACTUAL correlation index (but this will take out some of spikes you loo for)

also did you see remade Penis Strength Index, programmed in SMI instead of TSI

>>10259010
ive actually been turning off the price indicator entirely and just trying to place papertrades on the indicators signals alone

if you see that tiny little red arrow at the top, thats where i noticed HYG was falling against the market (i was testing 5min one), so i sold short. when HYG crossed zero i doubled in. i left all the shorts on over the weekend as the indicator told me to, to see how they fare on monday.

i also added treasuries the russell and the dow too. that way i kind of have a birds eye view of the whole markets penis

but yeah, russell and nasdaq lead the markets usually, TLT usually goes opposite, HYG usually leads the market too, and in a strong uptrend, all indexes move together pretty closely

literally none of that is happening on any timeframe, so im happy im long vol desu senpai

>>10258890
>naked trading
kek!!!!
me only need tape for trades

visual representation of price is a crutch

>>10259010
what does SMI stand for?
if i wanted to change the plots, all i have to do is change "tsi" to "smi", right?

do i have to mess w the "fast" and "slow" values?

>>10259084
geez you seeing alot of stuff, you might just want to stick with TSI!
you seeing ALOT of stuff with HYG me no see

have you tried using Alerts? you can set up some pretty sophisicated alerts with TV, maybe you could set up something with HYG so you not even have to watch it. IMO Alerts on Indicators are what make Indicators worth it!
>>10259101
https://www.dailyfx.com/forex/education/trading_tips/daily_trading_lesson/2013/04/11/StochasticMomentumIndex.html

>if i wanted to change the plots, all i have to do is change "tsi" to "smi", right?
kek no but it should be that easy

but SMI is literally and EMA'd TSI, so....

/
study("Penis_Strength_Index")
hline(0.5)
hline(-0.5)
fast=input(5)
slow=input(15)
sig = input(5, minval=1, title="SLP)")
v1=security('TVC:VIX',period,close)
v2=security('NASDAQ:NDX',period,close)
v3=security('AMEX:SPY',period,close)
VIX=tsi(v1,fast,slow)
NDX=tsi(v2,fast,slow)
SPY=tsi(v3,fast,slow)
v11 = ema(SPY, sig)
v22 = ema(NDX, sig)
v33 = ema(VIX, sig)
plot(v11,color=black, title='SPY',style=line, linewidth=2)
plot(v22,color=gray, title='NDX',style=line, linewidth=2)
plot(v33,color=red, title='VIX',style=histogram, linewidth=4)
/

>>10259204
word
i was using alerts too, but i just noticed the HYG cuz i was looking at it all day.

>but SMI is literally and EMA'd TSI, so....
i could stand to clean it up a little

imma learn how to code reel quick and b rite back (in a few days)

>>10258499

Dubs confirm. Fuck SPY

>>10257665
"The Chinese government’s interest in Judaism derives from political considerations, such as obtaining the support of the American Jewish community in order to gain influence over the United States..."

$1000 on Amazon calls, gimme some ideas frenz

https://www.zerohedge.com/news/2018-07-13/what-can-qe-tell-us-about-qt

*QTs your path*

>>10256058
Looking forward to a meme based economy

>>10257986
NFLX has cult problems
Pedo problems
Will probs buy some nov puts way otm

I'm officially all in on LCI with an average of 14.25, wish me luck.

>>10258359
Not too bad

>>10258924
Looks like my chart for last week

>>10259527
>wish me luck.
you deserve none, you should just buy lotto scratch offs
Have you ever even listened to Wu-Tang Financial's advice?

>>10259692
Believe me, I know what I'm doing with this and I know the risk. I know it will work out long term. I have never lost money on any of big5's picks. People shit on him, but aside from BGFV, his picks have always made me money period. And I never bought BGFV.

Good morning /smg/
It's a beautiful, humid and hot day in Japan

reading through /smg/ i am certain there are alot of newfags that came in from crypto.. there are some serious retardation going on in here.

>>10259781
>>10259692
>>10259527
i'm dollar cost averaging on LCI i'm in 400 shares and sold 2 puts. It looks like shorts are really trying hard to hammer that stock, most of their debt isn't due till 2021. they have willingly been paying off that debt early, they are a profitable company with more drugs coming out. If you don't understand how dollar cost averaging works or how to look on a longer time frame then just one day you might want to move on.. I'm holding LCI till atleast over $18.. there is a gap to fill, Since i'm going to be holding it would be nice if there werent a bunch of limp wrist pussys holding it so these little shake outs to get the newbs out is just what it needs.

Thank you based GBR and IQ

>>10259817
>alot of newfags that came in from crypto
>alot

Anyway, I am indeed new but not dare touch crypto for now. Stocks only.
I definitely have read about other newfriends in the last days.

>>10259872
I got 250 shares for now, even if I think they look good pharmas are something I play super safe on. I lost 10k my first year on em. Maybe eventually I will work up to embracing more than a 4% position on them.

>>10259267
>mfw popular sentiment against TA growing
This.
So.
Much.

>>10259229
imo best way 2 understand TA and charting is 2 understand how 2 program indicators

once you do, the smoke and mirrors behind TA is lifted
>>10259372
>clean out your crusty smelly yeast infested pussy you filthy whore

>>10260016
i have a feeling when the trend finally reverses it's going to be huge. shorts have awhile to cover but at this point they are really getting greedy. If any big player is accumulating the shorts can be fucked in a flash. If any good news comes out and brings in buying those shorts are going to bring in some huge volume. by the way its trading it looks like shorts are really trying to keep it down, they keep stacking the ask then whacking the bid as soon as the ask comes down they stack that ask but as soon as ask gets eaten it's a .10 spread.. someone is trying real hard to keep it down..

>>10259817
thanks for the update. please keep us posted about your dinner, sleeping positions and other incredibly uninteresting aspects of your life.

>>10260082
cool post bro.

>>10260055
Omfg meant to say popular sentiment against SPY

What should I pay attention to when investing in stocks quoted in a foreign currency?

>>10260221
And this how it ends if anyone wondering!

Good week everyone !
Reminder SPY never broke 280

Gonna go find penis 2 suck now ! Bye

>>10256768
>shorting a meme
RIP. Good luck, senpai

>>10257002
That's not really an issue unless you're Tesla (not making money; negative EPS), in which case it's a liquidity problem because you're going to run out of cash and struggle to see a dime without taking out even more fucking debt

I'm not saying NFLX is a fucking buy; it totally is overvalued. But, I am saying that it isn't facing any financial issues that would force it down aside from simply being over-inflated.

>>10257096
That's fucking mesmerizing.
Users only going up even as the price goes fucking down.
Usually they only chase it up, like with IQ.
What the fuck.

>>10257560
Yeah, shit's great. They don't have any of that PC shit over there. Instead PC just means suck Xi Jinping's dick.

>>10257908
Dank.

>>10257934
My fucking shit swings several hundred bucks per day, at dozens of dollars per minute even on calm days, so no :(

>>10257939
>FUCK CHINA
I didn't even read your whole post and I already knew I agreed with it lol
Their whole fucking economy is a fucking facade.