/biz/ - Business & Finance

First for Boer independence

FNGU t-to 70

Green day tomorrow.

>>10803284
>First in own thread

sooo.. whats up with Harblongs LTBR? Are we taking off soon?

SELL AMD
Also, NLST is not a SELL until they can close $1 for 10 business days straight

>>OP
Any stocks/companies that perform similar to the SPX?

>>10803321
I wouldnt holding this uranium meme
TNK is a best "buy under 1 dollar, sell above 1 dollar" stock right now

>>10803332
Just dump 5 shares each into the Holdmoar forever portfolio.

Is any feeling more comfy than knowing you're making hundreds of dollars in a day while literally doing nothing?

>>10803293
FNGU is a dead-gu

>>10803284
I came here for dividends and slotting floppies, and I'm all out of dividends.

>>10803338
I'm asking since I want to short them. The SPX is gonna crash soon

>>10803336
the market cap though...

>>10803352
currently up 10% on fngu
Hodling until +30%

>>10803364
TNK is too high for your style?

>>10803361
When is soon nigga? If you say this Friday then maybe. But you're better off shorting CHYNA the slants about to get BTFO by tariffs today.

>>10803361
we heard you in the last thread
please take your retardation to a communist forum

>>10803393
I think that if we don't make a higher high this week, then the open of the next week will be carnage. We've got bearish divergence on high timeframes and we made a double top, also everyone is euphoric due to longest bull run meme

>>10803321
uranium is fucked rn imo
oil looks weak now too, w hardly anyone trading it
im gonna start watching natgas and see if theres anything worth doing there

>>10803405
fuck it
theres two ways we can deal w this imo

>>10803361
SPY
youre gonna want to short it immediately if not sooner
if it goes against you just HODL bro, youll be ok

Bears are Geniuses, wow

>>10803434
As a pro natgas trader
\Here is the rundown
Only buy at 2.6
Sell at 2.7+
End of story, it will range this area forever, ergo, natgas is untraceable at the moment

>>10803440
will recover and all the money will pour in. Everyone can hate Trump but his policies make USA the best place to park capital right now.

>>10803483
the spx is going to 3000 and beyond
not sure why ANYONE besides retard commies would consider a recession when 1. momentum up is so strong 2. the economy is booming 3. the yield curve hasnt even come close to inverted yet
its like Sorry Charlie, economic prosperity will prevail

>>10803456
sounds about right

i miss when silver was still ranging. i made good money on that, and the options premiums had almost no IV on em

>>10803505
if anything wouldn't we get a correction?

aren't recessions generally triggered by some external event? e.g. housing crisis, debt crisis

What are the conditions/factors necessary to make the dollar reach 120 and beyond?

>>10803551
>trying to predict based on insignificant macro trends
This is how you lose big time
First of all, we just had a correction in february because of a bond yield breakout, not seen since 1987, how often do you think that happens

We also had a MAJOR correction in 2014-2015, how often do you think that happens

>>10803556
120 whats?

>>10803551
housing decline is going to be generally soft which just means money into stocks
trade war will just be a dip not a crash

Whos still holding FNKO and AMRS?

>>10803505
i mean i got a thesis, but its not totally batshit and based off of a double top on the daily chart. and im also under no illusion of it happening any time soon either

>>10803556
moar rate hikes

continued QT, which will keep inflation capped and cause the dollar to "moon" against foreign currencies that are still inflating

and also panicking foreign investors buying up all of them leading to an intl dollar scarcity (its a meme, but i think its a possibility if EMs all shit themselves simultaneously)

>>10803551
credit crunch
if its anything its gonna be the corporate debt that has bubbled up due to the endless summer of QE/free infinite money glitch

but i dont see this affecting all stocks. only the super huge debthogs that arent even profitable w free money

>>10803585
120 niggawhats
DXY I meant

>>10803595
>>10803505
the economy will litterally collapse if online advertising becomes unprofitable

>>10803604
Isn't a USD shortage plan already in effect? And we're supposed to get a rate hike near end of Sept. and December is being considered. So not one, but two rate hikes this year. Pres. Trump sure likes his 2 in everything.

>>10803606
>online advertising

Good luck standing out compared to 10000 others on an amazon search, same for google. Online advertising is just too powerful to go to 0

Even netflix does good in recession (not relative to how overpriced it is but in # of subs)

A lot of tech is recession resistant because it's simply not expensive to begin with.

>>10803505
It would be perfectly natural to get a little pullback to 2780ish or so, just to rope in the double top retards

>>10803604
before another correction, we are going to moon way above allo timw highs, then maybe it will COrrect to where it is now

>>10803623
lol, not exactly a correction though...

2499 on the other hand would be, but we4 never double dipped, its the same as 1987
exactly the same

Please get out if you are a tsla long. Collapse has never felt so close.

>>10803630
Before any sort of real correction (5-7%, nothing major) I think this will get pretty fast to the upside

I could see 3100 EOY

>>10803643
supposedly it's relatively meaningless. The lines of the poem are used in some sci fi series he read as a kid and names things after. For instance the drone ship names are from the book series. I wouldn't read it as something negative.

>>10803643
agreed

i'm here just for TSLA collapse, it's time to end this wasteful fugazi

right now it is delaying the development of real "sustainable" tech

destruction of musk-run-TSLA is good for the world, despite what many brainlets still think.

people are waking up to this scam.

>>10803647
I agree
Also what many people dont seem to realize is the sp500 P/E ratio isnt that high, its only slightly above average lol, which is a bullish signal

AGEN bout to moon. Get it at $2 while you can

>>10803615
>Isn't a USD shortage plan already in effect?
i dont think theres a way to plan for a bunch of EMs eating shit all at the same time. especially since it hasnt happened yet.

2 more hikes has been the plan since like may. its whether were going to do it, and whether were gonna continue to do more after

>Pres. Trump sure likes his 2 in everything.
trump has absolutely no fucking say in this. learn more about the FED senpai. the FED is a private institution and answers to no govt. they control and manipulate everything in the markets and the world.

read the book "the creature from jekyll island" if you havent

>>10803625
m8 were printing a new ATH tomorrow at this rate

>but we4 never double dipped, its the same as 1987
exactly the same
i know weve discussed this, but i think it bares repeating:
i think that february was ENTIRELY done via manipulation by the FED

Should I wait on EZA puts or just go in tomorrow?

>>10803643
>>10803659


https://www.bloomberg.com/graphics/2018-tesla-tracker/

Idk anon, I'm not in because it's too volatile but Q3 might actually BTFO bears if production holds and continues to climb
Anyone holding ARRY? Looks promising, big pipeline of drugs, dip right now, have only done basic research so far though

>>10803695
i tell you what, all these small specs whining trying to get me to tell them when to short a country has me absolutely staying out of the trade for the time being

i might even go long

>>10803692
yah to be fair, we did need that dip in feb cause it was going up in a straight line all year

Bond spike + vix and fed was bizarre, but all corrections you cant predict

>>10803716
It's far too soon to get in anyway. If it goes above 15 dollars to the USD that's when you start thinking about it.

>>10803716
why are you being a dick about it? what do you think this board is for?

>>10803746
he isnt being a dick, he is being reasonable
Way too many small specs shorting 3rd world right now + news

>>10803723
>but all corrections you cant predict
true but i still think theres merit in trying to find out how they can happen. clearly, since this one was so similar to 87, they DO repeat somewhat

there cant be THAT many ways to crash the market. at least, not that many DIFFERENT ways to do it

>>10803739
he was talking about EZA, the SA ETF, not the rand.

>>10803746
>why are you being a dick about it?
because you dont know what youre doing, and are trying to play some super risky, geopolitical macro meme that just got spotlighted by the fucking US president.

you SHOULD feel stupid, and thus should try and prove me wrong by analyzing the ever loving fuck out of it on your own. when you can tell ME when to short the SA40, then its time to do it

>what do you think this board is for?
shitposting and judging market sentiment
and thats exactly what im doing rn
i hate a crowded short. especially a crowded short on some bouncy little EM like SA.

i just KNOW theres some cunt out there just waiting to squeeze the fuck out of all the channers and /pol/acks who try to LARP as soros

>>10803785
>i just KNOW theres some cunt out there just waiting to squeeze the fuck out of all the channers and /pol/acks who try to LARP as soros
you mean the anime neets lurking this board after getting rich from when crypto was really fucking high

>>10803708
I'd be surprised if the company is still around at the end of Q3. The bloomberg tracker is an estimate based on VIN registrations. It does not directly correlate with production and can be gamed. The factory has been low capacity/slowdown for 2 weeks now according to eye witnesses + photos. https://twitter.com/skabooshka

>>10803651
It's not just that poem. Every single fact is pointing directly to CH11. Every advising firm they have hired specializing in BK, them not retracting Musk's tweet (they are accruing liability on it to this day), the factory slowdown, the farewell concert, the extended delay for refunds, no one in texas getting cars, the cars in the lanthrop dustlot getting warhoused, the advanced SEC investigation putting a cloud over any capital raise, the divide between the board and Musk, not cash flow positive july,..they are basically stuck and the only way out is to shed debt/liability and restructure the company. Sure, they might get lucky and find a dumb money buyer to hold the bad but anyone with that much money has enough sense to not throw it away on a pile of debt and liability that burns cash. It's all a smokescreen for bankruptcy.

>>10803785
theres merit but the problem is
>to the day
The day that it really happens is completely random, like how last year the us dollar only TANK on super strong news then randomly decided to jump up late this year

also look, large specs starting longing the rand

who here /new semester starts on Monday/?

last one too btw :)

>>10803811
>who here /new semester starts on Monday/?

>school

>>10803716
>>10803760
as a small spec i've heard just be a contrarian on sentiment and you will make it. is this true?

>>10803811
I'm close, mine starts in middle of september

>>10803785
>not many different ways
>ridiculous derivatives, leveraged etfs, cdos and other strange financial instruments being created all the time

I remember this question being asked a while ago.
If you start with $50, and get a 2% return every single day with no red days, you will end up with $68,870 in 365 days.
It will never happen, like ever, but still pretty interesting

>>10803805
you make a compelling case anon, but bankruptcy by Q3 already? there's no way it happens that fast. From what I've seen, employee morale is quite high and optimistic. You are certainly right about VIN registrations possibly being gamed. The twitter acct you linked is some edgy chapo guy larping as an investigative reporter. There is enough optimism to carry it to Q3, but if that disappoints then I think the end might well be near

>>10803828
you have to be contrarian to other small specs not large specs
the COT can help but is delayed weekly

>>10803839
incredible

>>10803847
If you could squeeze 1,000 shekels into your starting position, you would end up with $1,377,408.
Pretty EZ m8, I'll call Soros and ask how he did it

>>10803746
you see, i was short on SA (and turkey) 3+ weeks ago when i heard the possibility of the govt passing this law allowing boer to be slaughtered. i talked about it here, but not too much

i covered after that BIG drop. prior to the event getting realized
why?
because i looked at the chart and determined that i DONT wanna be on the wrong side of that. at all

now everyone, even comfy is asking me how to short SA
so the best advice i can give you is dont do it yet

>>10803804
theyre here too
but youre kidding yourself if you think that this place isnt PERFECTLY set up for famous people to come in, stay anon, and fuck around and LARP like theyre a normal human bean. 4chan becoming completely mainstream has solidified this.

>>10803809
>also look, large specs starting longing the rand
ha
fucking KNEW it
i know the oppenheimers would be pissed if SA was to completely dissolve into chaos
theres a lot of platinum, silver and gold in there, and no one wants to pay for a full on mercenary outfit to guard the mines

>>10803828
its worked well for me so far
the problem is that its hard to tell what people are doing w out having a fucking bloomberg terminal

>>10803835
still, its not as simple as just pulling the plug on the drain. it takes an incredible amount of money and effort to stop the US markets. and theres SERIOUS risk involved w that. thus, the FED is the only one i can see as being able to do it.

>>10803841
i think it could happen sooner desu
look up how long it generally takes for the SEC to do investigations like this
if he goes to prison it will plummet, and the saudis will LET it happen because theyll get a better deal. they have no reason to lie to help elon out

is there any take on soros that isnt incredibly conspiracy filled? I feel like everything i read is mis/disinfo

>>10803862
>comfy is asking me how to short SA
Fuck off m8 I've talked about this off and on for the last 6 months

>>10803861
speaking of soros
in case you arent aware
he has been trading Fang like mad, switching positions around
this explains all the dips and pumps
fyi, Amazon is going to 1 trillion marketcap, dont even think of selling your FNGU until then

>>10803841
CH11 needs to be filed early because it has massive fees. They can barely support it with their cash on hand. If they don't declare now, they will be forced into CH7 down the line which is a lot worse.

Even if the company does somehow manage to turn a profit by some miracle, they are still fucked. I don't think you understand the legal ramifications of Musk's tweet. If he is lying, (which he is by any measure based on facts we know), Tesla is liable for every loss due to the tweet and every share traded based on information contained in the tweets. That is BILLIONS in class action lawsuits. That alone is enough to sink the company many times over. They people in charge know the end is coming and what they need to do to make the best of it.

A buyout does not work. Going private does not work. If anyone pays a penny for those shares in a buyout, they are liable for the damages from Elon Musk's tweets. The shares have NEGATIVE value. Buying this company at 0$ per share would be a mistake. I doubt anyone is making an even bigger mistake by actually paying for them.

>>10803870
kek
stop being so touchy
anyone who skims /pol/ occasionally has known about this for years

doesnt change the fact that you are not competent enough to be taking such risky macro trades like this. if you cant plan your own entry and exit by yourself, then you should not do it. period. the reason im being a "dick" about it is because im 100% certain that everyone who FOMOs into this play will get squeezed. fucking HARD too (see >>10803809 )

>>10803874
>raising shares in Salesforce

I wonder if he is also loading up on Docusign?

>>10803862
>LARP like theyre a normal human bean.
Nothing wrong with that. Hiroshimoot would be happy because he'd then get revenue from 4chan passes. William Shatner lurking in /tv/ can only be a good thing, gives the board some shitposting hauteur.

>>10803868
All you have to understand about Soros is how he played both sides during WW2. And by both sides I mean the Jews. He sold them off.

>>10803874
>LLC
I found that funny, usually when I see LLC tied to a pizza place or a local insurance company, but it's tied to Soros in this piece
I'd like the golden bull to continue forever now that I'm not a leveraged retard. However I will continue to cheer for the bear, because it's a better meme
>>10803903
I was paper trading it for the last little while and was short USDZAR and made some shekels. Luckily I close my position at like 3 today so I avoided getting justed by DRUMPF

>>10803874
>Soros
https://www.gurufocus.com/StockBuy.php?GuruName=George+Soros

>>10803907
i mean mainstream popularity like this is unironically what killed 4chan (see: everywhere outside of this bread), and ESPECIALLY this election

but the fact that /biz/ seems to attract some people who actually know their shit (and some who are DEFINITELY connected in the financial world), is enough for me to come back to this thread again and again

>>10803926
the guy knows how to stay hedged desu
i can respect that. even if he is absolute scum, hes talented. he wouldnt have got where he is if he wasnt

>>10803936
just promise me, if youre trying to do this, take your fucking time and study it. hyperinflation takes months, sometimes years to get going.

say it with me:
>i will not FOMO into macro memes

>>10803926
nice proofs

>>10803970
I'm not longing USDZAR right now

>>10803907
there are some /sp/artans that are professional nfl or soccer players abroad. also there are several college presidents, ADs and coaches on rivals.com messaging boards and others. this rings pretty true imo, musk lurks he has to.

>>10803985
youre missing the point lad
while i dont WANT you to blow up, it honestly doesnt matter to me personally. but even if it WAS time to short it forever, you are not ready because youre not trading/thinking for yourself.

go study weimar germany, and zimbabwe, and yugoslavia and venezuela, and whatever other cunt you can find that has had hyperinflation. study it. look at how it happens. look at WHY it happens. look for what sets it off etc

then go fill in the gaps on how the ANC works, and how the bushwars happened
once you know how and why it will happen, and you have a plan, you then sit and wait for that to become realized. NEVER act until you see it happen

Is MU the official algo rape dungeon now that AMD has some actual organic price action?

Look at this you can't make this shit up

Literally using #expropriation right after denying the validity of Trump's tweet

>>10803598
AMRS and Papa John Melo believer here

Good morning /smg/, time for a green day.

>>10804203
>#landexpropriation
Is it what I think it is ?

>>10804173
>MU
litteraly who ?

>>10804301
>#landexpropriation
Nig...
I mean Africans being africanish

>>10804313
I just checked, it is what I think it is.
BRICS are going to lose their plural.

>>10803615
lol just watched this gif
hahahahahaha

>>10804301

Good morning sir

Occupied Rhodesia liberated when?

>green CAC
lel at the trade war

>>10804427
https://www.youtube.com/watch?v=41-dLH5YqeU

Now

She what's the best plan?
Is it feasable to make more profits per month from extra knowledge, if I only have $5,000?

>>10804655
probably not worth 2.5%

Are any marijuana stocks worth buying for the long term?

>>10804796
yes

>>10804693
Wouldn't it be only 0.2% (Or 0.4% or 0.8%) per month?
Still, I am just using Robinhood, and I'm thinking of swing trading instead of just long term investing (since indexes have been sideways this calendar year)
But I'm not sure how doable it is with Robinhood as only broker, and such a low amount of capital

While I'd like to be able to plot more than 3 indicators at a time, I'm having trouble justifying the cost

>>10804796
SMG, and other gardening suppliers are a good choice, and it insulates you a little

>>10804987
i'm using tradingview

what about thinkorswim anon?

psure it's free but you have to call and ask them to turn off the 20min delay

>>10804796
Durance, you said you had to take a dump not go shitpost. We have a dragon to kill come on

>>10804014
what did you study in college? To form an understanding of both finance and current evens seems like a daunting task to me. What would you suggest I take

>>10805601
College won't teach you that imo
You go in with your money and your dick

The lesson always comes afterwards IF you have the right mindset too get it (and I would say most people may never have that mindset)

>>10804203
zuma is such a retarded piece of shit this should come as no surprise desu

>>10804327
lol
oh my sweet child...
if only

>>10805601
>what did you study in college?
ha i wish
i just autism out on teh innernettes for well over a decade.
steal as many books as i can off it, read a lot

growing up on /new/ and /pol/ (especially /pol/ and 8/pol/, given how its a breeding ground for interest/shilling groups) gave me a good understanding for disinfo and how to pick it out, so i guess i just got the feel for it. either way, it seems to have worked somehow (and im somehow still not a "literal nazi"), because a fair amount of my macro calls have been following through. from oils bullrun this year, to wheats last leg up, to turkey and south africa starting to explode

imo the best way to learn finance (or really anything for that matter) is to read as much as you can about it, develop an opinion, then fucking argue about it w people that are interested in it. if you can keep a level head, and your "opponent" isnt retarded, you can come out w a lot of things you could never learn any other way

im an argumentative and opinionated asshole irl too lol
my buddies cant stand it
but i still feel im better for it

>>10805601
w the current event things desu, i grew up during the whole 911/bush administration thing. when we ended up fighting the country that didnt do it (and friends of mine were going there and getting blown up), and no one could tell me why, i started digging on it since i had a computer.

that was my first dip into current events
when /new/ was here, it quickly became an obsession.

when i first learned how charts and the market had an almost predictive power (due to it being full of autists like myself) i was fascinated. i used to watch oil charts to monitor how the mideast was doing, YEARS before i ever thought to trade on it. the rest has been me filing the gaps because, unlike most folks these days, i like to read, and write and argue etc
its fun
everyone thinks that "everyones right" and "thats just ur opinion" and garbage like that, but it usually turns out that only one person is right, and theyre the ones spouting all the garbage that no one wants to hear. my joy in life comes from finding that person and listening to them for once

>>10803675
Seem like FOMO at this point fren

>>10804987
learn to code all of the indicators and overlay them senpai. thats what im doing. helps give a better understanding of the indicators themselves.

in tradingview, go over to the top right in the pine editor, and click "new". there should be simple scripts for basic indicators. copy the codes and re-write them so that they can be displayed togther

im working on one no that utilizes keltner channels and bollinger bands to look for reversal points

Rate my noob tier TA. Oil should pump soon, unless dollar pumps extremely hard, which would push it firmly out of the channel and into a new pattern below. I'm probably retarded but this feels right.

PZZA long
GPRO til after Christmas
HAS till they get fort nite toys
SWIR long

Gold is overbought on daily, and dollar will pump to some degree soon. The upside of this depends on how hard dollar pumps.

>>10805777
oh i have been, its just a pain in the ass to turn on and off so many things on a multi-indicator

>>10805778
>Rate my noob tier TA
bretty noob, but ur tryin
>Oil should pump soon,
i sold the last of mine off yesterday desu
i think it will collapse
>unless dollar pumps extremely hard
this will very likely happen due to not only rate hikes, but the intl panic that is caused by the rate hikes, drawing people to buy our dollar as hedge against their currencies
>I'm probably retarded but this feels right.
probably, but this is exactly how you learn imo
keep doing it

Dollar due for a new pump. If any of these indicators are correct it's obvious what happens next. I should probably sell my oil today, it will probably pump for the last time today or tomorrow. Will definitely sell at close on friday.

>>10805789
tis
but im a cheapskate and like doing things the hard way anyways

>>10805787
with ya on this one desu
tho im actually short silver as i find its more volatile
no denying that gold is way more overbought, but i feel silver is more volatile and has even less holding it up (other than libertarians)

I'll check over these charts on like wednesday next week and see how they held up kek

Anyone think NLST will suddenly r/s this week or next? They could literally do it at anytime.

BABA up 3.5% pre-market

EZA has to finish it's pump before starting a new decline, which will likely be deep, starting in the next couple of weeks as the farmer shitshow really heats up and hits the markets.

>>10803805
>for refunds, no one in texas getting cars, the cars in the lanthrop dustlot getting warhoused, the advanced SEC investigation putting a cloud over any capital raise, the divide between the board and Musk, not cash flow positive july,..they are basically stuck and the only way out is to shed debt/liability and restructure the company. Sure, they might get lucky and find a dumb money buyer to hold the bad but anyone with that much money has enough sense to not throw it away on a pile of debt and liability that burns cash. It's all a smokescreen for bankruptcy.

nicely summarised mate.

>LB down 10% premarket despite an earning beat
Whelp there goes another retailer. At this rate we will have to buy undies from Amazon.

>>10805878
>At this rate we will have to buy undies from Amazon.
first off, you a gril?
second off, thats exactly what you will be doing
go back to bed

Tryna use the app now. TLT overbought, and impending rate hikes point to both short term ans long term decline.

>>10804427
https://miltonfriedman.hoover.org/friedman_images/Collections/2016c21/NW_05_03_1976.pdf
They should've listened

>watch a ton of videos about TA, use it to trade amd
>make 2% gains over a week, end up pulling out early
>roommate reads about stocks "sometimes", ends up making 14% over the week on marijuana stocks
im not cut out for this

>>10805829
aaaahhh up 4.3%

Lots of green days for the SPY. Needs a pullback.

>>10805973
He'll die horribly once he gets cocky and gets caught on the wrong side of one of the memes he has been trading.

>>10805899
Shame. Its a decent company on paper.

>>10805915
I like to pick them out before buying. Looking at a screen is just not the same.

MARKET OPENS IN ONE HOUR AND FIVE MINUTES

AHHHHHHH

>>10805899
Remember that this is the absolute state of Big5Guy

WEAT is oversold, but dollar will pump soon, so likely some more downside. Probably a short term pump (double top?) before tanking vs the dollar. When dollar pulls back WEAT will moon.

>>10805869
my bet is that the saudis ARE interested in it, but will stand by idly and not lie to help musk out, in an effort to get a better deal when the company starts collapsing. its literally their favorite trick in the book

>>10805990
yeah but its time to pack up and wait for the dilution and go back in if you want. youre playing w a loaded gun

>>10805999
checked
way to dodge the question lol
>Looking at a screen is just not the same
i bet. doesnt help that womens sizing varies depending on what part of asia its made in.
whenever ive bought lingerie for any gril, its always been a fucking nightmare. usually resulting in me returning w her so she can get the correct size

Vertical farming it'a an industry that's supposed to start mooning soon, especially in Asia and Europe.

What stocks have you longed? And Why?

How do Roth IRAs work in terms of making active moves

can I only contribute money in them to one individual equity/index fund each year? Can I make moves within the IRA at will?


I feel like I should be doing mroe than dumping moeny into Robinhood and making gains there

X dumped hard last month and ia currently pumping. Position indicator marks my actual position which is green. RSI is approaching oversold but this pump should have momentum at least into Friday and probably beyond.

>>10806091
depends on your broker

tastyworks is one of very few that will let you have flexibility with options

>>10806034
this
im delta neutral currently on wheat

>>10806093
careful lad
trumps imposing more tariffs today, and china is expected to respond immediately
steel has been a battleground for this whole arc

>>10805778
Welcome to the world of TA brother!
>Noob tier
Yes, but your trying. Though, the best TA is the one you develop a winning strategy with. Don't underestimate the power of Trump want to keep the cost of oil at 70 maximum.

>>10805787
The invention of crypto officially killed gold. People have realized that '''gold backed currency''' is a meme and the shiny rocks only intrinsic value is its use in jewelry, electronics, and industrial applications. It's a meme. We decide what we value, and we don't value gold anymore. In event of what Gold Boomers say gold is a hedge to, essentials and vices would be of greater value. Food & water, cigarettes & whiskey.

>>10806113
if I start a Roth IRA for say 2019 with tastyworks and 2020 too, then they start to suck or shut down or whatever what happens if i move them over to Fidelity etc? I know I won't lose my money but can I lose flexibility and advantages depending on where I start roths?

>>10806115
>new tariffs
Probably a good idea to pull out of my position when it touches the SMA, then. That should be a nice 100 percent gain on my calls.

>>10806093
my charts and indicators says its a good time to short a strangle if premium were richer

>>10805973
Learn options, don't abandon the TA life brother. If your able to actually pull our at your target / stop losses you are doing better than 70% of people here

>>10806134
Dont have the capital for anything other than long options rn

>>10806123
yes. most brokerages have little flexibility with roth ira accounts.

>>10806116
>Don't underestimate the power of Trump want to keep the cost of oil at 70 maximum.
in trump vs OPEC, i side w OPEC desu in terms of having the power to change this
but trump has also cozied way up to OPEC (much to my dismay) so you might be right

theres also seasonality which is gong against oil as well at this point

>>10806131
better to lock profits than to lose em imo

>>10806134
did you choose the name cuz it shortens to SS officer?
be honest

>>10806143
>Everyone I don't like is a Nazi!
>The post

Stop projecting your gas-chamber fantasies.

>>10806141
alright so if thats the case then most Roth IRA's should be index funds or top tier blue chippers and nothing more? If i cant make many moves with them i dont want to own any meme companies, so I should just go 100% QQQ or SPY each year and wait until im 60+ years old to cash out?

>>10806143
he did apparently

>>10806172
I would go for dividends, instead. Preferreds more than common. Also selling calls against your common holdings.

Let's hope for another green day

>>10806180
can you give a few examples? wtf is a preferred stock? why would they be superior to the mass market index funds that everybody is recommeneded into like QQQ SPY DIA etc?

>>10806192
>wtf is a preferred stock
They refer to Buffett-sama's favorite stocks

I just remembered, LCI reported earnings last night.

>>10806192
no voting rights, has a call price (usually 25, 50, 75, or 100) which means the company will buy the entire class back at the earliest, but not always on that date. (this means implied equity gains getting in at 24 v 25) you get a better yield obv for getting in at discount prices. sometimes you can get in at super duper good times and get a couple hundred percent equity gains and also similar yields. the point is to capture capital appreciation and income, rather than just one.

>have a cheap call on for JWN at 70
>earnings surprise to the upside
>stock buyback announce

THANKS TRUMP
GOLDEN BULL INITIATED

>>10805960
best trade of the decade.

FUCK NIGGERS LET ME POST YOU FAGGOTS

>>10806248
thats better
suck cock google, you faggots

>>10806248
niggers and faggots will give you the virus...

Plan 4 2 day
Futures didn't bounce back like was expected
Short bias

>>10806302
>muh IP is sending suspicious queries
>this means we indefinitely ban you from captcha
i fucking hate this site desu senpaitachi

shorts hammering away at SPY before the bell
im sticking long desu
but i WILL be hedging

>>10806333
Checked. Cry more faggot

>>10806362
oh i will
i make sure to call out google and cuckchan whenever i can
if it wasnt for this thread id never be here at all

>>10806401
>not buying a platinum account so he can bypass the captcha

DING
I
N
G

game time

now to find a dead cat bounce before 10

>>10806343
i tke it back
HUGE buys coming in right on the bell

>>10806429
>giving hiroshimoot your data AND your shekels
he only gets one or none

When the FNGU reaches 67

>>10806458
wow wtf is this, a 3x leveraged FANG ETF? thats ridiculous lol

>MU
one hell of an open MU. Goddamn.

I'm sick of Wall Street dumping weed stocks every morning.

AAAAAHHHHHHH
SELL AMD
THIS IS TOO DAMN HIGH

Well started with a nice gap down, but most everything has been green since open

Still, not a bad way to start the day

>>10806495
why are you selling QQQ

grow up my man and accumulate for retirement

TOP KEK
FIVE DOLLARS

>>10806501
I have too many index ETF's

>>10806507
you can never have too many

that QQQ for $181 you sold will probably be $1,000 in a decade. Nice work though my man your accumulating a solid range of top tier shit, keep it up

God damn AMD is in full short squeeze. Fug.

goddam
the dollar opened up a half a %
as this ecedes, we should see continued bullishness
VIX is also lookign to get delisted

>>10806326
Bullish Bias

TBP broke 1.00 resistance at open. Pumping. Overbought but that won't be a problem until tomorrow. Entered hard for day trade. This should be a biggie. If there is midday technical fakeout the short squeeze could be considerable.

>>10806517
Yeah I think 24% of the float is short, so this may be interesting to watch.

>>10806503
ALL HAIL BIG5GUY

Rate my beginners $3k portfolio

Still trying to accumulate various blue chippers after I got a solid base of QQQ, next step is afford a full share of AMZN

>>10806514
eh, considering how similar SP500, DJIA, RUSSEL, and NASD are, (and how much AMZN affects SPY), i feel like im nowhere near diverse enough in my stocks

also DIA gives monthly divs, compared to QQQ's quarterly

>>10806554

fucked in the next downturn/10

>>10806525
that flash crash this morning triggered me short
am think in trouble today ;_;

>>10806554
needs more MU

Also, looking spiffy for a bull run today, lets see if it holds at 10:30

f-fgnu san
Im selling
Until next time FNGU

>>10806561
obviously once the charts go bearish i will sell off my leveraged shit and drop it into boomer DJI and more QQQ, but for now this is world class returns

>>10806554
Explain why TQQQ and QQQ I give it like a 5 out of ten, too much tech. Diversification motherfucker

>>10806554
>buying AMZN at ATH

nice strategy

>>10806562
we'll find out soon enough if it was a bear trap

>>OP
will hmny moon again?

>>10806572
TQQQ is 3x leveraged but I don't want to be all in on that, managing my risk with the retirement tier QQQ.

and I dont need to diversify with $3,000 and in the middle of a god tier bull run, if/when charts go bear I will change my holdings, its not like im stuck with my current shit forever

>>10806577
You realize its going to 1 trillion mcap right

>>10806562
Know your place!!

>>10806525
>>10806525
>>10806525
damn str8
looks like we were dead on about the foreign investors desperately buying into USD and then into treasuries and US stock
this is a lot of money flowing in all at once

also
fuck off google

>>10806562
yea you took the bait senpai
try not to be so gullible

>>10806596
Your portfolio, your call. But there's good money to be made outside of tech as well. I fucking love energy and retail.

>>10806577
I remember buying it at the all time high of $990, and just over a year later its now worth $1,917

just because its currently at an all time high doesnt mean that it cant keep going up

that being said i hate that 35% of my portfolio is one stock (one share too), i cant imagine how stressful it would be if that AMZN stock was worth 60% of my portfolio

im up like $1600 so far with baba spy and crm calls lul

sold long at VAH, sold short at POC. bigs starting vacation early.

>>10806602
well I am definitely buying like 10-15 more various blue chip companies with my next purchases, do you own stuff like WMT/COST? Thinkin of those, its not like WMT can ever go away there will ALWAYS be poor people that buy groceries there.

What do you own in 'energy'? Utility companies that presumably pay out great dividends?

>>10805822
NLST is worth jack shit unless it's already a dollar

A green close today for SPY would be very good. Market is definitely waiting for trade war talks to develop. Anything positive is likely to send us to the moon.

>>10806619
For energy I have a mix mlps that pay out great dividend, actual energy providers, sandshit, so on. I have small postions on wall Mart, Costco, and target, as well as the REITs that own the land they build on. I like student loan debt still. I think everyone should have some healthcare play and you should have some consumer staples.

>>10806619
>Thinkin of those, its not like WMT can ever go away there will ALWAYS be poor people that buy groceries there.
not him, but WM is wayyyy better than WMT
trash doesnt care about a recession or depression, and they pay fat divs (their price tends to be sideways though, but they dont dip when recession hits, so thats nice)

get some defense stocks, LMT BA or HON
the US military has been bull for a good 100 years, and they pay good divs too (LMT has a exdiv date coming up on 08/31 if you want a nice $2 soon)

energy companies are good long bets, but remember that oil n gas are volotile as fuck in the short term
then again my nuclear energy stuff has been weak the past year or two

ive also heard that utility companies like verizon and charter pay nice dividends, but i dont touch them since i (as a consumer) hate those companies

HORY SHET

>>10806652
this UNH chart looks great, you own any of that? I dont have any health care shit, wondering what should be my play in that sector

>>10806654
Waste Management, such a sexy play. This reminds me, is there any sort of ETF/REIT thing for strip clubs? Tits don't go out of style during a recession either, but I guess almost all of those are privately owned

TSLA still powering higher

>>10806654
Oh yeah if you don't have like water or garbage or some other never going away ultitity I don't even know why your bothering. Out of defense I went with LMT as I think they have the best current position.

Energy is a fickle bitch but it still trends upward if you have wode enough exposure to the entire energy ecosystem.

Are reits and real estate getting killed in value yet?

>>10806672
Rip every bagholder that doubled down.

>>10806685
UNH is a killer and has been a solid part of my portfolio. I also hold OHI which I have long term faith in. Either one of those will be successful as long as there are still boomers around. They might start seeing trouble if gen X just starts dropping like fly's after the boomers are gone. But for the next 40 years? Healthcare will most likely out perfoming the market.

>>10806672
Don't worry
Just double down you will be fine

>>10806672
To quote planes, "I like drugs."

>>10806686
Elon posted a sappy breakup tweet at 3:30AM

this is unironcally a bull signal

so thats a big fucking bullflag on SPY desu senpaitachi

>>10806713
F

>>10806672
Why did this happen btw? Earnings aren't until next week, right?

>>10806685
RICK for tits.

>>10806730
Big implied move on ES for tomorrow.

>>10806722
i'm about to do alot of them this weekend

>>10806768
how do you mean?
up or down?

>>10806778
Yes.

>>10806778
Higher fren

>>10806756
There's this from their 8K

PAMP ET

>NVDA

>>10806777
You and me both! I'm going to get high as a kite, and then hit the campaign trail, and fucking hahahahaha. It's going to be awesome. I'm going to change the course of history man.

Pump eeet

>>10806809
I remember seeing their goodwill jump in 2016; incidentally when they took on 1.2 billion dollars of debt
they're fucked

>>10806809
Wtf is goodwill and why do they have to post a trigger warning about it?
t. financially illiterate person

>L C I

>C

>I

>>10806827
Whatcha running for in our fine state?

>>10806686
The stock price is completely decoupled from the value of the underlying. Trade at your own risk to cash in on hype but do not baghold this stock, especially over a weekend.

>>10806826
We in the green. Bought some aug 31 calls for .69 yesterday.

>>10806848
please remember the world class research there is no way they aren't going under when losing 60% of their revenue

RIP 100% winning trade streak over past two weeks

>>10806848

>>10806895
dont cry because its over, smile because it happened

why would anyone EVER sell their Mcdonalds stock EVER

>>10806874
Now imagine if they pull a BCH

>>10806827
>then hit the campaign trail
? what campaign?

>>10806855
Sorry, I can't pay the extortion money to run for office, so I'm just volunteering on behalf of some one who wants to become a 1 of 50.

>>10806782
gud

>>10806790
kewl

>>10806895
dont get baited by PM action ever senpai
imo you should ALWAYS wait for the first 5mins
if you miss a huge pump because it just goes straight up, so be it. but its still better than taking the loss

>>10806922
Hmm, what's the better buy, McDonald's, or ADSK?
Keep in mind Autodesk has earnings tonight
But I am also going to get a meal at McDonald's soon for lunch

>>10806934
Bobby?

>>10806957
that boy aint right

>>10806895
This is
My
Bull
Story

>>10806895
You made completely the right decision for the conditions at the time. I was long at $35 a point on the Dow at market open. Could've made some really good money today, but chose to get out when I saw things turn for the worse at open.

how in the ever loving fuck is the VIX staying this low w everything going this crazy rn?

>>10807036
>w everything going this crazy rn

You haven't seen anything yet

>>10807036
>crazy
SPY has novolume

>>10806957
The one and only.

>>10807056
still, that +50cent drop on SPY moved the VIX up .02 points
thats a bit ridiculous

>>10807067
oh shit nigga
did you just get d0xed???

reminder that we have your face and your cock pics
tread carefully brother

>>10807036
Based Fed knocking it down for us

>>10806503
>>10806552
gonna start a reverse b5g strat to see how much money there is in it.

Let's get in on some UAMY today guys

>>10807084
indeed

>>10807096
post results please
very interested

NO THIS CANT BE HAPPENING
THIS WAS THE RUN

>>10807083
what's a dox? is that some exchange for limp dick liberal rapfugee loving eurocucks?

>>10807151
t. bought back at 50 after selling at 47

>>10807166
pretty much

Shorts back in profit :D

>>10807083
>tread carefully brother
Y I K E S
I
K
E
S

question big timers:

Is there anything wrong with getting to around a million or a bit more in equities and at that point switching over to dividend paying shit and taking the 10%~ annually and just living off that forever? You won't be able to grow your shit too much that way but you only need a million total to be able to easily survive off divvys. $10k a month is far beyond whats really necessary to constantly travel the world, you could probably do this with barely $750k in divvy stocks.

Whats wrong with this plan? That sort of savings is negligible desu if you work hard at it

>>10807203
>10% div yield
Are you retarded?

>>10807195
kek
why so serious lad?

he actually did post cock pics tho, and comfy being the degenerate closet case he is, saved them and backed them up

>>10807203
Good dividend stocks typically pay 2-5%. The current exception is T with 6%. You need significantly more than 1 mil to get 10k/mo. But if you do achieve that, this is what is known as "making it".

STOP SELLING

>>10807203
Bonds get preferential treatment in case of bankruptcy

>>10807151
Litteraly who

Fugggggg

>>10807231
Literally MU

>>10807220
>what is AGNC

HAHHAHAHAHAHAH
SELL AMD

so what the shit i going on rn?
is there absolutely any reason for this massive dump? i cant think of any and have to assume its fake and gay

>>10807186
Your life will end in 30 minutes

Why all these price jump today?

where is the guy who told me to buy GALT

this hurts anon


also

FUCK BILI holy shit

>>10807249
theres literally no reason as far as i can tell
id assume its longs trying to short it down to a better price

ITS TIME FOR THE DOWNHILL RUN

WHAT THE FUCK IS HAPPENING

>>10807249
or perhaps it has to due w how wildly the dollar is fluctuating
either way, im fairly certain it will reverse itself just as sharply

is this because of china tariff shit

well lunch time stock dump, means its time to shit, shower, and take hits from the bong

hope the recovery comes through soon

>>10807268
>>10807272
NONONONONO

SELL SELL SELL SELL SELL HOLY SHIT

>>10806872
>bought aug 31 call
>yesterday
haha nigga what
you're retarded

I was having a such a nice green day, now its red, WTF?

jesus fucking christ this general's full of pussies
it's not the fucking end when you go -5% you'll be fine

Why is this thread full of retards going apeshit over 0.2% moves again?

>>10807305
>>10807301
relax its just in fun

>>10807301
Aye, new ATH tomorrow.

>>10807305
that's 12% of the rate of inflation, this is big!

>do more research on NLST
>look at employee reviews, terrible
>rumors of a reverse split
>CEO pumps up the stock price by suing the everloving shit out of big companies even if he loses he gets publicity
It's a HMNY for the technological sector. They could be profiting from actual sales of their submemory shit but end up dumping all that money into their lawyers.

>>10807312
gotcHAAAA SELL SELL SELL SELL SELL SELL IMPEACHMENT ALGOS MARKET MAKERS AHHHHH

HE LIKES IT

>>10807342
>faces of NLST FOMO bagholders from yesterday right now

>>10807151

kek

what a piece of shit

FNGU you have my permission to drop back to 60 now

Which of you recommended LCI before the 60%+ drop? I warned you about that company and you're a real rude permabull nigger about it, too.

NOW it's a decent buy, though. It has like 40% shares held short and that distributor issue isn't worth a -60% drop. Maybe -20% or -30%.

Dumbass shorts think it'll go bankrupt and will keep piling int oshort positions below 5$. Same shit happened with MNK and it was an easy +300% short squeeze.

>>10806872
Just cuz your call was cheap per contract doesn't mean it wasn't a waste of money

>Micron embarking on a journey to the centre of the Earth again
Nice.

>>10807342
Have you liberals forgot the Trump card? Mike "take it in the ass and you're going to get gassed" Pence gets the almighty pen. Be careful what you wish for?

>>10807360
Big5goy recommended it

Too late to get into GLUU? What about Zynga? And is the nigger above me right? Should we scoop some lci for a short recovery

>>10807373
I’m in calls since this morning.

>>10807245
Please be true

>PSTG trying to keep my account green
A fucking storage company.

OK, market. You can stop tanking now.

>>10807353
>CEO
>Chun Ki Hong
come on guys that's not a real name, that's a character from donkey kong for fucks sake
you guys are investing in gorillas and apes now

>>10807373
LCI is 70% down since big bag fag started shilling it.

SHORRT EVERTHING

>>10807373
Avoid anything that stinks of big5

>>10807388
It's too fucking funny. Every time some faggot shills a penny stock on here like NLST, pull the company rug out and there's some funny shit under it.

Buy KHC again

>>10807360
im waiting longer but i kinda agree
whats the price to book now, like 0.2?

where do you guys find all this information like how many shares of a company are short, how you track IV and volume, etc
I can't find shit for it in tradingview

>>10803708
it will range between 300-400 for the rest of time

Is there any good recources for learning to trade options?
I need ot make some lunch money

somebody bake new bread

>>10807469
i am

>>10807482
NEW
>>10807482
NEW

>>10807467

Right here on /smg/

You have free access to some of the best trading minds in the world.

LCI is a penny stock now. MIDTEENS SOON! I was guaranteed

>>10807467
very plain language writing and will prep u for the McMillan tome of knowledge

Thoughts on CRISPR?