/biz/ - Business & Finance

GREEN

I'm sitting in way too many Disney calls expiring this Friday banking on npc hype from the Avengers 4 trailer.

>Yield curve inverted
>S&P500 futures -0.30%
>NASDAQ futures -0.37%

It was a nice run while it lasted, fellas. Cashed out everything this afternoon. Will only buy back in at -40%.

>>11998745
>he didn't crash out at -0.1%
never going to make it

>they didnt buy Nasdaq sub 6600
Uh oh spagettioes

REMINDER /smg/ IS YOUR FREN

https://www.bloomberg.com/news/articles/2018-12-03/trump-s-advisers-struggle-to-explain-deal-he-says-he-cut-with-xi

There wasn't even anything done. It was all smoke and mirrors. Holy shit. Market will tank once this gets out.

tfw u try to get into stocks right when everything is humpty dumpty topsy turvy

>>11998745
S&P broke out descending trend last week and crossed above the 200SMA today. Fuck off.

>>11998782
cost average down

>>11998782
thats the best time to get in dood.

>>11998781
priced in

>>11998808
The best time to get in is months before a -50% recession. I love losing half my money too!!!

>>11998347
Delivery jobs are GOAT. Too bad they don’t pay more. It’s even better if you have a partner you like. Basically a paid road trip with your best friend everyday.

>>11998822
better now than when you've spent 5 years doubling your stack. you get the intrinsic value of learning how to trade in a recession. thats priceless.

>>11998791
how does cost average down affect me if im just trying to enter the market?

>>11998808
how so? people don't seem to be scared yet and i dont think this is a relative low

>>11998822
the only way to make money fast in stocks is a bear market, anon. Being a bull is boring.

>>11998802

I'm bullish on Canopy. Chart looks nice for continuation upwards along the long term trend. It broke above and kept the body of today's candle above the descending trend.

>>11998822
the point is that it doesn't matter where you enter in the long term as long as you cost average down

>>11998849
you're going to get fucked over in the long term

>11998851

That's old chart, sorry. Here is today's.

>>11998847
>how so?
the more churn, the more opportunity for profit and trading experience. steady bull/bear runs are boring and won't teach you as much. yeah there is more risk, but you are supposed to be a bit riskier when you are first starting out.

>>11998851
>tfw americans can buy weed stocks no problem
>but canadians cant buy weed stocks or they get turned away at the border

absolutely stupid

>>11998851
thanks for the thoughts anon. will continue to hold. $100 stock value in the next 3-4 years a realistic expectation? since the global cannabis market is supposedly projected to be worth 100-150 billion, it would stand to reason that canopy being one of the biggest marijuana suppliers could capture at least 1/4 if not 1/3 of that global market

>>11998923
>but canadians cant buy weed stocks or they get turned away at the border

That claim has been debunked for a while now. Update your fud.

>>11998933
>$100 stock value in the next 3-4 years a realistic expectation?

In Canadian leaf bucks, maybe. I don't know about US.

>old person unexpectedly dies of natural causes
>lets shutdown the markets for whole day!

>>11998933
midwest anon here. Illinois just got a pro-weed governor elected, and we already have medical. If we get legal weed, we will be the first state in the greater Chicago area to have dudeweed. The money has only started rolling in for the cannabis industry.

>>11998842
I don't even have a partner. I drive around by myself and listen to music haha. Stop by the house when i get a close delivery, blaze it. It's great. Ask tony the tiger

>>11998964
You should be thankful. Tomorrow will probably get ugly and impulsive. Wednesday will give the markets a rest and a chance to find its head.

what's up with APHA?
Big report published by these guys:
https://twitter.com/QCMFunds
and/or these guys:
https://twitter.com/HindenburgRes

Do you think the stock will wind up at $0? Might be a good short still.
Funny to see peoples reactions in comments on reddit and SA. Lot of people angry and losing money. Lot of denial and anger towards the shorters
https://seekingalpha.com/article/4225889-investigating-aphria-gabriel-grego-hindenburg-research

>>11998964
>shutting down the market for every holiday
>shutting down the market on weekends
>shutting down the market on natural "days of mourning" that nobody really cares about

>>11998980

Seems to me like red tomorrow on broader markets, probably green on Thursday.

>>11998987
Hopefully just one more flush for weak hands before be change the trend.

>>11998964
should've invested in crypto, boomer :^)

Buying and holding is your friend, especially if your stocks pay out divs or you get on the ground floor of a hot stock before it skyrockets. just my 02

>>11998992
can't have a recession if you just don't have an economy altogether, r-right? haha.

>>11999023
4d thinking here

>>11998976
yeah i agree with this especially with the pressure mounting on the feds to legalize weed with all these states dropping like flies. canopy just did a deal with a smaller producer 3 million equity financing in exchange for 4 million units of weed (im assuming unit=1 gram?) and with 5 billion in the bank from STZ theyll probably be able to get a huge foothold in USA after fed legalizes it.

>>11999018

>>11998987

Short attack complete with fancy and long smear article. Similar stuff has happened to most of the more popular weed stocks over the past year. One difference is that the allegations in the article are a bit more severe than shorts have previously had the audacity to claim.

>Do you think the stock will wind up at $0?

No. I think Aphria is mediocre but I don't think they'll go under. Might get bought out if some of the more severe claims are actually true.

>>11998999
Yup. If markets were truly bearish, the close today would've been much, much lower. The good news from G20 wasn't that good, and there was plenty of bad news over the course of the day that didn't disrupt the uptick. I'm expecting it to open low and end high.

>>11998987
>Funny to see peoples reactions in comments on reddit

Yes, Reddit has a teenage girl crush on Aphria for some reason I have never been able to fathom. Maybe back when they were one of like two weed companies in the country actually turning a meager profit.

>>11998957
>That claim has been debunked for a while now. Update your fud
literally happened to a coworker of mine, its not fud. And the dude is a white guy from the maritimes, as Canadian as you can get.

>>11998745
-0.3% is nothing

I'd be worried if it was like 1 or 2% down

Wow... I can't even go through the old threads.. the amount of shitposting makes my head hurt.

>>11999149
The point is the market is trending down after the bulls "BIG WIN". If you can't even maintain upward trend after good news then the market is destined to crash.

>mfw CRON after the Altria news

This is a big deal, legal weed in America by 2030.

>>11999163
The QQQ is up 6% over the past week. Almost every day a green day, A red day or two isn't a big deal

>>11999151
how old do you mean

seeing several bullish implications on BGS

>>11999151
im sorry i got drunk and kept replying to a commie

>>11999279
It’s ok. Just know if the revolution happens he’ll be shot for participating so much in the capitalist system.

>>11999174

>This is a big deal, legal weed in America by 2030.

I give it less than five years for federal legal. Weed is going to be a hot topic in the next election campaign.

>>11999411
I wish i had $19.7mil every time i heard this

>>11999417

Nevertheless, states keep going legal one after another.

>>11998987
>>11999012
>>11999044
>>11999054
APHA is a terrible short, and will find itself sitting at around $20 CAD in the next couple years, where it will probably wade for a while. Zero chance it goes to $0.

Also, reddit's crush might be for a reason - when I do the numbers on Canadian LP's they sit at #3.

>>11999174

That deal literally will not happen.

>>11999402
>All us oppressed workers are going to overthrow the evil system! And I'm going to be the one to lead them there!
>Oh wait, the coalition of sub-80 IQ mongrels that I gathered as my shock troops think I'M oppressing THEM just because I'm smarter and have more capability to succeed?
>No no, guys you have to understand, I'm the good gu- *BANG*

>>11999428
I agree, I was just trying to get some money.

how do I invest in pink wojaks

>>11999514
one week options on 3x bear etfs

>>11999458
Marxism is a lot more than just a political philosophy, at its core it’s a mystic attempt to bring about the third age of Joachim and immenetize the eschaton. A truly classless society is the end goal of global Jewry and Jesuits who are in direct contact with Ain Soph Aur.

>>11999514
play the bullish side

there's going to be a lot of pink wojaks from autistic bears that shorted the bottom in a week or two

>>11999532
I don't know what the fuck you just said but it sounded gay as fuck.

>>11999563
I don like gommies

is this inverse thing really bad or just overeating? someone educate me plz

>>11999628
overreacting

>>11999628
The yield curve has inverted 100% of the time months before a recession. It is a very good indicator of a looming recession.

>>11999628
The 10 and 2 have not inverted. It's FUD nonsense right now.

>>11999701
The recession can loom its ass into 2019. Gimme my Christmas gains.

>>11999638
prep ur anus bull

Frens a recession it's priced in, and so out of indexes NASDAQ 100 s&p 500 Russell 2000 and dow30, which one will outperform the others in recession?

So besides LCI what stock looks good right now?

>>11999990
Oil n Gas

>>11999993
I have some GBR and USO.. anything else?

>>11998865
>the point is that it doesn't matter where you enter in the long term as long as you cost average down
This. Dollar cost averaging is the way to go.

>>11999990
NBEV

>>12000003
VET, UNG

>>11999174
>tfw you just started investing a month ago
>tfw you were dumb and bought into dude weed right after sessions resigned in the middle of a big pot bubble
>tfw you've lost too much money on meme stocks
I'm dollar cost averaging index funds to make up for being a dumb speculator when I first started investing and hadn't read Graham.

Asian markets stopped rising.
Has the bear market resumed?

>>12000137
Can't wait for this recession to go full on depression AND result in the end of American dominance.

>>12000137
Macroeconomic outlook in China is becoming a concern. Their GDP is tapering off every year, and they'll experiencing growing pains of the transition from a producing to a consuming economy. It's nothing of immediate concern: just another barrel of oil that could tip over once actual economic collapse begins, much like corporate debt.

>>12000276
So, real question.
What is world leader's plan when EVERY economy becomes a consuming economy?

Just started reading some stuff on investopedia, and I'm looking to start getting into stocks. Anyone want to drop some knowledge they wished they knew starting off?

>>12000344
do research on the stocks you buy before you buy them, consider the timing of your entry before you buy in, and always do the opposite of what your emotions tell you to

>>12000350

Embarrassingly, my only only experience with markets is Warcraft. Made myself comfortable by watching auction house trends, buying low, selling high. Is this viable at all, or is the stock market too unpredictable? I'm just more lenient gambling real money.

>>12000400
Markets are significantly more unpredictable, though you can buffer it a little bit by using either long-term risk-averse strategies (long-term being over a course of years) or by sticking to and specializing on a specific sector you know a lot about. General market trends can still affect that sector however. And you never know when the kikes are going to pump or dump something.

Shill me a high risk stock I can waste $500 on that has a decent chance of mooning in the next month or so

>>12000436
SPY

>>12000400
technical analysis is a good way of predicting short term trends in the price of a stock, and fundamental analysis is good for predicting the long-term success of a company

>watching trends, buying low, selling high

That's the basic idea of the stock market, the only thing that varies is what trends you're looking for and what timeframe you're thinking in
The stock market is also much more unpredictable than Warcraft auction house trends
Find a sector (industry/"niche" of the stock market) that you're interested in or somewhat knowledgeable about, identify some stocks in that sector that seem like they might be good buys to you, and then do research on those stocks using fundamental and technical analysis to decide if you want to buy in or not

If you're thinking in the short term, technical analysis is more important than fundamental analysis
If you're thinking in the long term, fundamental analysis is more important than technical analysis

>>12000436
DRYS

>>12000429
I was thinking about buying some ATVI, since it looks like it took a huge hit from all the controversy. As much as everyone hates mobile diablo, I'm certain it will do phenomenal in China.

>>12000436
>>12000446
>>12000463
Also NAK. Mineless mining companies will be the new tech sector one day

So this is my simulation progress since the 27th.

I just longed futures for 3 days, sold them, made 300k, then dicked around with bottoms and dips and made another 140k today, keeping track of volumes and stuff. Obviously brokerage firms won't let me short stuff due to the risks, but so far so good (I think)

>>12000486
>Commission: 0.00

Anon, I...

RIP Tumblr

>>12000495
>tfw there are still people who don't acknowledge the existence of Robinhood and WeBull

>>12000495
Yeah I noticed it too, I'm going to try what >>12000507 said

Why do I even have money in the market right now, lmao.
The economy is either going to crash spectacularly or it's going to go up in a way I can't make money on it.

>>12000486
how you act in a simulation and how you'll act when your actual real money is at risk are entirely different

>>12000527
https://www.businessinsider.com/dollar-cost-averaging-into-a-stock-crash-2014-9

>>12000507
>Shorting futures with zero commission

ANON

I

>>12000539
Assumes American economy will recover.

>>12000539
>how you act in a simulation and how you'll act when your actual real money is at risk are entirely different
I'm fully aware; I'm trading in batches of 100's, and mainly my goal of doing the sim is getting comfortable with the layout, graphs, inputs, etc...

I can see how doing this all day would stress someone out though. I'm thinking of using a couple of hundreds here and there at some point in the following month.

>>12000344
>Anyone want to drop some knowledge they wished they knew starting off?

Regardless of what style of trading you choose to do (long term investing, swing trading, or day trading), don't try to be a contrarian and go after stocks on a descending trend fishing for the reversal back to rising trend. To start, you should pick well established companies with fairly consistent rising trends over the years. Then do research on how to time an appropriate entry in to those stocks as well as dollar cost averaging.

Don't mess around with high volatility sectors (weed, pharma, recently tech) until you have a general idea of how to read charts and basic TA. An ETF of a high volatility sector is sort of a half step to trading these kinds of stocks and will shield you from the worst of the volatility.

>>12000545
>retarded eternal panic and bear market memes
>can't greentext properly

>>12000566
>implying I meant to greentext

>>12000564
>don't try to be a contrarian and go after stocks on a descending trend fishing for the reversal back to rising trend.

Just to add to the obviousness of this, only buy an underperforming stock once it shows signs of life. If you see a stock you like performing like shit, put it on a watchlist and wait for price spikes with appropriate volume.

>>12000574
then why did you type out "Assumes American economy will recover"
who the fuck talks like that

>>12000539
stay in discord you attention seeking tripfag

>>12000582
Because I omitted the "that" before assumes.

>>12000436

TerrAscend. Broke circuit breaker this morning for rising too high too fast (it was 30%+ when circuit breaker popped). The red wave across weed sector caused by the Aphria short attack resulted in retrace of almost all of those gains by close. Chart still looks excellent for breakout. The conditions that caused people to want to buy it that bad have not changed.

>>12000591
>is incapable of contributing anything to the discussion other than calling me a "attention seeking tripfag"

why would I care about your opinion

>>12000436
>>12000436
LCI

This is what Guy Gentile has to say about it.

https://www.youtube.com/watch?v=Fi313ZjiQLo

>>12000457
> technical analysis
this approach goes against all modern academic finance research. markets are not inefficient. they're not perfectly efficient either, but they're certainly not inefficient. if they were, share prices wouldn't react to new information, which they do. technical analysis assumes share prices are based on past patterns, regardless of new information. but all empirical and academic research suggests otherwise. that share prices move at all to new information in the market is evidence against the efficacy of technical analysis.

>>12000125
something all should listen to, but won't.

>>12000597

I mean seriously look at this fucking candle. LOOK AT IT. The stock was holding steady after early morning profit grab at +15%, level 2 looked healthy- then the Aphria vomit splashed across the whole weed sector and everyone collectively ran to the bathroom to wash off the worst of it.

>crash

>>12000669
>technical analysis assumes share prices are based on past patterns

That's not quite true. The fundamentals of TA are directly tied to market psychology; support, resistance, and trend. These concepts are used as a way of gauging the ratio of people willing to buy against those willing to sell at a given price level.

>>12000718
Everyone is interested in getting rich fast but what they don't realize is that's the quickest way to end up in the poor house. I wish I had read Graham before I started investing. When I was speculating I was losing a ton of money. Now that I've started taking Grahams advice and buying the index I'm starting to make some of my money back. It's a good thing I only have about 600 dollars in the markets because I would have really felt like shit if I had invested in meme stocks with thousands of dollars.

>Invested few k in FB because of a YouTuber
>down 12 percent atm
Thanks "financial education"

>>12000904
>Invested few k in FB because of a YouTuber

YAMERO.

>>12000904
Never listen to the JewTube memesters.

>>12000904
it could have been worse

>>11999701
>7/9 = 100%
The premise is however correct. Lube up everyone.

>>12000926
>>12000930
He seems reasonable https://youtu.be/bRyassSex7Q

>>12000969
I am cost averaging down every month

>>12000985
Doesn't cost averaging not work for single stocks when we aren't in a crash yet?

>>12000617
Not a bad watch.

I'd like to know what he thinks would happen if LCI were to be dropped from the Small Cap 600. No idea what the criteria is for that though. And he seems to be expecting a moon mission in the next month or two.

>>12001040
why do you think it would drop from the Small cap 600? i've never understood why people think this, companies that drop from that are usually going down hill financially. LCI is not going down hill financially the fundamentals are still there. In this case the technicals don't represent the fundamentals well making LCI very very undervalued.

>>12001053
Because they lost their deal that put them down to 6 dollars a share. Like I said, I don't know the criteria for what is selected for the 600. But just because they are solid financially doesn't mean they are in the top 600.

It's an unknown. All I'm saying.

>>12001067
>Because they lost their deal that put them down to 6 dollars a share
they have already been replacing that revenue and cutting expenses.

Did you listen to the CC?? LCI is no where near bankruptcy.. the company is doing good and they are going to be doing even better. I don't see any reason why it would be droped

The technicals DO NOT reflect the fundamentals! There is a reason why there is such high institutional ownership. LCI is going to correct in a huge way.

>>12001082
All I'm saying is that if, IF, they are dropped then many of those institutional owners are selling some off. And part of Guy's thesis is that those that were going to sell already did for the most part. That may not be so.

>>12000985
>seems reasonable
You got memed by a literal retard

Are ETF's a good investment option for an investlet?

>>12001119
lol, he's right now. Tesla is a trillion dollar company

>>12001129
He literally panic sold at the bottom and bought back in at a peak a few days later

That's the type of guy you're taking advice from

>>12000000

>>12001121
Yes, they're the best investment option. Buy vanguard total stock market ETF if you want easy long term gains without all of the work of researching individual stocks.

>>12001119
In his other past videos he mentions losing over $100000 to playing with margin. He also made a big bet on gopro and lost big time. I remember seeing him buying alibaba at an expensive price.

But mainly he is using the youtube channel as a passive income stream source. He has these online stock market courses and fan club thing you have to pay to be in. I liked his videos but yeah you should dig deeper. It was funny when he went on a huge rant video with many fbombs because some people didnt even start the online course they paid for.

Good Morning

>>12001294
https://www.youtube.com/watch?v=VP3eiC2tcp8

AAAAAAAAAH THE NIKKEI, WHAT IS HAPPENING, IS IT THE RATES INVERSION

should I put in a stop loss before markets open?

>>12001396
Depends on your trading style but a stopp loss is generally a good idea.

>>12000000

>>12001389
China is green so the US might be ok

>>12001389
Nikkei is an hedge, you invest there when times are uncertain.

>>11998705
spotted the newfag

>>11999151
welcome to most of the /smg/ threads since the 4channel move

its getting bad now

>>11998964
>>11998992
>belittling the achievements of the leader of the free world who oversaw the end of the soviet empire

at least pretend you can show respect, ffs

>>12001389
regularly scheduled pullback (that weekend G20 meeting delayed)
do not worry, the rates inversion is not the real rates inversion
yet

>LCIguy !7SgaW5KMQI
what is your timeline for holding LCI?

>2scoops
Hope you had a good first day of work!!

and is it true that half of AMZN employees pay is in the form of stock? because that means i might have to finally jump off this AMZN stock ride, even though its been a crazy run

>>12001414
China already crashed 30% though. And even without taking this into account, unmatured marketplaces like China doesn't mean shit. There's a reason China is still considered EM.

>BBC headline:France to halt fuel tax rise

can a Frenchanon confirm?

what will this cause, just a tiny bump for oil prices? or broad market drop?

Already missed 3 good Dax future trades today. Being a fucking coward is ruining me.

>>12001581
Nvm, make it 4.

Man is this country gonna crash or what? I'm just here for the violence.

>>11998673
friendly neighborhood zoomer is back to remind you daily to buy Chainlink

What defensive company should I add my portfolio?

I'm looking for a business with:

-Many years of being publicly traded
-Moderate but steady growth YOY
-An revenue/earnings pattern that isn't cyclical
-A hard-to-replicate asset base
-Significant competitive advantages
-Trading on the ASX, FTSE, DAX or NYSE

>>12001733
Lockheed Martin

>>12001733
LMT

>>12001733
LMT will be the company that eventually discovers how to cold nuclear fusion energy

>>12001759
good man

>Yesterday, market operators freaking out because rate inversion
>''b-but its only the 2y abd 5y, who cares, there' s still time''
>Today the spread beween 2y and 10y is only 0.13%
Expect 2y and 10y invesion today, or by the end of this week at best. And prepare for 50% crash, don' t say you guys weren't warned

>>12001875
It seems the treasury short squeeze meme is coming

>>12001581
as a person in a third world country, how does obe invest in options, futures and forwards?

>>12001875
Long-needed market correction.

>>12001934
I can't help you with that, I'm from Europe. I found check out the big international brokers and see if they accept people from abroad to open an account.

>>12001875
Ok, now this is (going to be) epic

What's the average time from meme inversion to stock implosion, 30 days? 300 days? 30 hours?

>>12002245
6 months to a year

>>12002245
nobody knows, because in the past million of people didn't had a f. app in their phones to sell things wile walking the dog

Am I stupid or how isn't this cheap oil price hurting American oil producers

Surely if it was at USD 100 per barrel then you'd have oil drillers in the old abandoned gas station? as opposed to piss cheap oil where KSA can outcompete you

what is my nigger brain missing

>>12002350
drilling oil is still profitable at 30 dollars
and there is just too much of it

>>12002350
It is for sure hurting more expensive operations in the US like fracking. It's over-all good for the economy though, because 100% of industries use oil in some fashion while extraction is just a tiny piece of the GDP.
But consolidation should be largely over as we've now had years of relatively low prices compared to >$80 a few years ago, when a lot more operations were profitable.

>piss cheap oil where KSA can outcompete you
KSA is a non-factor. It's basically a meme.
https://www.eia.gov/dnav/pet/pet_move_impcus_a2_nus_ep00_im0_mbbl_m.htm
In September 2018 relative to the total US oil imports about 10% came from KSA, while 40% came from Canada.

what the hell happened with ATVI yesterday? it was fucking nuked. surely someone knows something we don't.

Someone explain to me why PEGI is bad? Low stock price and 8% dividends. Surely more people would be on that shit?

>>12002490
My guess is that most of the people who bought at the initial dip (when it became about $58) realized that its actually not at the dip, so they got out en masse. I honestly bought in at about $59 myself but quickly got out after thinking about it more (only lost a few cents). After researching more, I thought the floor was going to be $40 and it looks like my prediction is coming true.

>>12000000
WITNESS MY GET

>>12001875
I think sometime this month is a better time frame, I doubt it will drop straight down 13 points in one day, considering the 5 point drop between today and yesterday itself was pretty extreme.

>>12002541
>My guess is that most of the people who bought at the initial dip (when it became about $58) realized that its actually not at the dip, so they got out en masse
maybe it's that but i find it odd a major selloff during an overall green day. looking at the chart it's sitting on the 46 support if this doesnt hold there's a lot of buying interest in the 37-40 range.

>>12000478
>I was thinking about buying some ATVI, since it looks like it took a huge hit from all the controversy.

It's probably still going down further. The stock currently has nothing going on for it.

> As much as everyone hates mobile diablo, I'm certain it will do phenomenal in China.

The chinks hate it as much as Western people do if you look at their forums.

The rating process for games has also come to a grinding halt since September. If it doesn't go away, good luck with releasing the game.

>>11998745
Get invested in T-bills

>>12001875
>>Today the spread beween 2y and 10y is only 0.13%
i thought economy was good?

>>12002336
or thousands algos doing it automatically

Dumb ''investors'' with their Apps, algos and ETF will just make everything worse. Everything will be sold out en masse without any care for what's actually good.

Short AAPL.

I have some cosmic feeling that the 2 and 10 won't cross tomorrow. We will have a rally on Thursday and Friday will be flat. Either way I am not doing anything in my poopfolio.

>>12001450
I have 30% of my portfolio in BABA. should I sell the rest of my US stocks/ETFs and just keep that until the recession hits?

>>12002875
so courageous

Is there any possible downside to buying a company you want through cash covered puts at your desired price?

FUUCK, I'M NOT FINISHED LOADING UP YET BROS! DELAY THE BULL!!!

This is a big joke

>>12003005
What is?

>>12002913
Buy High sell low

Newfag /biz/kit asking for advice on what broker to choose (Scandinaviafag).
I plan to trade small as a side activity so 20 bucks more or less, since I'm new and don't wanna risk more than that at a time.
I watched a review of IB saying they have a lot of fees for trading, so that's why I'm here asking.

>>12003091
M8 im a fucking eastern euro poorfag and I use IB. Whats 20 bucks in scandiland, half a croissant?
I guess look into Webull or Degiro.

>>12003091
My take from last night: >>11997973
But do your own research. Look at the sites and their terms of service, look at the cost structure, consider your obligations under your domestic tax laws and see what is best for your intended use. Relying on others to make financial decisions can pretty easily fuck you over - better to confirm everything yourself. After all you'll want to stay with the same broker for a while probably.

I'll be honest though, trades of just 20 bucks each are going to be very very difficult to manage in Europe. Even with costs of just 2 bucks per trade it pretty much comes down to gambling to make >10% gains on your position every time.

Just make a test account and trade with fake money until you're read to come back with at least a few hundred bucks.

>>12003195
cheers

>>12003192
thanks for the kek Vasiliy
guess I'ma trade fake until I get good

>there's an entirely new wave of tripfags
The /rgt/ tripfag curse is busy at work I see.

>>12000499
They will likely die, given that IIRC around 25 percent of their traffic comes from porn consumers.

>lost a bunch of money in after hours trading

why is this legal again?

CERU my nigga

>>12003322
Because this only happens to small specs and daytraders

Big boys and long term investors don't give a fuck about after hours, and they have more money, and therefore, more weight when discussing what should be legal or not

>>12003337
Mah nigga , CERU

>>12003322
Porky gets impatient. Why should he have to wait?!

can't wait to spam pink wojaks

Make some money back yesterday, pretty good day, feeling good.

>Wake up
>grab the weights
>turn on Fox Business
>Futures down 100+
>Pull up schwab account between reps
>Several gains from Pre-Market trading starting the day off as gone.

>>12003621
short term is meaningless, what matters is profits in the long run

its a marathon, not a sprint

>>12002913
I don't man BABA might make it.

https://www.youtube.com/watch?v=SBX0kVkKiDs

>>12003641
investing is boring tho

Fellas, Do you think that I should be doing Dollar cost averaging on the way down this dive?

Or should I try to sell everything?

>>12003641
>tfw gambling is the most honest out of the 3

>>12003682
Yeah, but you can position trade and sell premium to feel some of the action.

NOOOOOOOOOOO

> 5 minutes

Reminder that burger markets are closed tomorrow

Easy 13 pips. I love daytrading.

Any cheap penny stocks to make a quick buck on?

>>12003847
PLUG

bull market btw

Thanks to the anon who dared me to short IVZ.

>>12001875
Not this week, but after the 19th of december shit will start rolling. The market is still complacent, trade wars, brexit, who cares? what matters is the interest rates, or the macro capital structure to be more precise.

>>11998673
what the fuck is happening to aphria

is the evidence of fraud really that strong, i bought in yesterday hoping for a quick bounce +5% todayfusdfisdjfklzsdjglsdfgdfsgsdfgsfgdfgdsfgsdf

Bought 400 stocks in FNKO. Not gonna have access to my account today so I won't be able to see what happens until I get back home before closing.

>right click -> inspect
>change svg elements
>???
>PROFIT

ONE MINUTE YOU'RE ON TOP
THE NEXT YOU'RE NOT, WATCH IT DROP
MAKING YOUR HEART STOP
JUST BEFORE YOU HIT THE FLOOR

>>11998673
Sell amd

fuck it. bought APHA tomorrow and averaged down today. I'm in TSX so I'll be in a much safer position if shit goes down tomorrow

im assuming trading is only closed on the NYSE side tomorrow for APHA so my stop limit will be ok???

GIS in free fall

God damn NBR

>>11998992
>>11999013
Always trading is literally the best part about crypto vs stocks. I get bored on weekends with stocks.

>>12004162
>not spending the weekends partying with your GAINS

>>12004178
>partying

Must be 18+ to post.

ONE NOTHING WRONG WITH ME

TWO NOTHING WRONG WITH ME

>>12004223
TWO NOTHING WRONG WITH ME

>>11999013
>"investing" in crypto
I would rather still have money in 5 years

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

Just added 10 shares of JPM to my portfolio and put my other $1K i would have invested in savings. I know the true inversion hasn't happened but pussy liberals will do anything to tank the market so trump doesn't get elected again.

>>11999013
show me your portfolio and net worth. i want to see what I could have gotten investing in crypto like you

Only losses today are in dollar general, which cut it's forecast for the year because of hurricane related costs, even though earnings and sales are up. Not too worried about it since it's a temporary kind of cost, and I intend to hold for another couple years.

Although, I think natural disasters could be more of a problem for brick and mortar retailers going forward. As they get more severe and numerous with climate change, both the cost of repairs and insurance will increase.

>>12004270
>so trump doesn't get elected again.

Speaking of that, I'm pretty convinced that the 3 year and 5 year inversion is a result of the market's fears about Republicans losing in the next couple of elections. It's the only event I can think of specific to the next 2-6 years.

>>12004270
Why the fuck would you buy now?

>>12004315
rates are flattening across the board, it just so happened those were the first to go. I think the underlying economic reality and the long view on the future of monetary policy have more to do with it.

>>12004071
Ballsy. Yes, TSX is open tomorrow.

I averaged down on Curaleaf this morning. The widespread effect of the Aphria short is surprising to me. There are good companies losing 15-20% here for no reason other than sympathetic panic selling. I got stopped oout on OGI of all things this morning. Their earnings call is Friday and it should be excellent. Now i'm stalking them with lowball bids in the high $4 range.

VOC and EVN on the watchlist. Might pickup some tomorrow.

>>12004342
>>12004342
I buy every pay period. dollar cost averaging takes the emotions out of investing. Plus i'll have increased my next dividend.

I don't sell unless the company is failing or cuts their dividend.

JPM currently seemed undervalued to me so, recession or not, I thought it was a decent buy.

Instead of investing 2K i just invested 1. I'll be setting aside more cash in case there is a market correction/recession I'll have more cash to deploy

Damn lads is this real life?

I have not felt a good green week in so fucking long.

>>12002400
>expensive operations in the US like fracking
Fracking isnt expensive anymore. Operators in bakken practically get every third well for free. Rigs are picking up dramatically for Bakken next year and Permian and Alaska are having shortages. The companies left over have adjusted to a new low oil for longer.

US market closed tomorrow bush memorial day

This is it boys, this is when we all go long and make a ton of fucking money. (They) tried to create FUD via the muh-inverted yield curve, but honestly it's time to fucking go in and grab some shekels.

>t. I am long SPY.

Well that was the easiest $200 I'll ever make. Time to figure out what's for lunch.

Man, I’m too jelly handed for options

Did that guy bet against the devils? Look they lost 5-1, free money betting against the devils this year.

WTF happened to this thread!?! It's like you all were making out with some one and then your hand reached down the pants and learned the hard way you were actually enjoying kissing a man.

so when is the next rate hike?

The going rake for SPY is going up as you watch right fucking now faggot.

>>12004735
seems like its going down mate

>>12004715
>>12004593
>>12004553
>>12004538
The rest of us don't treat this as a blog to post about our baby trades

>>12004739
oh in that case, go fuck your self and die.

The rest of you take care and do what ever you want. I know I will.

>>12004739
>talking about the stock market in the stock market general is blogging

>>11998725
nobody cares about your baby Disney calls stop blogging faggot

Is lunchbro dead?

O is the only thing green for me, i knew i should have 50%'d it

>>12004759
>>12004751

wow one attention whoring tripfag for another. You guys have each others backs huh?

Not as if I give a shit, filtering is ez with 4cx

>>12004778
no, his sector is getting liquidated and replaced by AI, so he said he may not be able to post as much.

Also its only 11:30 EST, not yet noon.

RKG may be dead tho, anyone know where he/she went?

>>12004759
>one joke post is equivalent to shitting up a thread with retarded unironic trades

Tripfags, when will they learn?

why are the tripcode individuals spamming and ruining the feeling of joy and relaxation we had here

>i can now trade crypto on robinhood commission free

Poverty here I come!

>>12004793
good job installing 4chanX, I'm sure it was hard for you

>>12004796
pic related

>>12004805
>e-everything that might make me look bad is just a joke

>>12004831
>e-everything that might make me look bad is just a joke

It was. What isn't a joke is you unironically thinking having a trip on 4channel is a good idea lmao

>>12004831
so she's alive but 4channel can't handle the trap? thats stupid. we should petition to get RKG back

>>12004847
tripfagging/namefagging has a purpose on /biz/ of putting a name behind trades and opinions
if a tripfag says something on here, you can recognize who they are and know if they're someone who you want to listen to or not, whereas if they're an anon, you have no way of knowing what level of experience they have with the market or their past track record is

I would never use a tripcode outside of /biz/

>>12004857
I think it's all the guro and murder porn she (I choose to believe it was a woman) posted

is $RIOT the best option for longing Bitcoin/crypto through a regulated equity right now? Is buying and storing BTC itself probably still a better idea tho?

>>12004868
>tripfagging/namefagging has a purpose on /biz/ of putting a name behind trades and opinions
>if a tripfag says something on here, you can recognize who they are and know if they're someone who you want to listen to or not, whereas if they're an anon, you have no way of knowing what level of experience they have with the market or their past track record is
>I would never use a tripcode outside of /biz/

Would be useful if anyone here ever made impactful trades beyond DUDE WEED or DUDE VIBEO GAMES. WSB has more activity than /smg/ for fuck's sake

reminder that if you're red today its mostly because the market is closed tomorrow and people are pulling stocks out in the event we get bad news tomorrow

>>12004895
If you're red it's because we're in a bear market, simple as. G20 was supposed to be the largest bull catalyst of the year and we got a shitty 1% rally for A SINGLE DAY. Shit's fucked.

>>12004892
Now's a good time to buy dollar general, the impact of the latest earnings report is almost certainly temporary and they would certainly excel in a recession. This is the best price you're probably going to get in a while.

Guys i have 40% of my portfolio split between Mega Cap Growth ETF and Consumer Discretionary ETF. Should I sell those? I am prolly 3% down between the two.

>>12004948
Should I take the hit and move into Dollar General and other recession companies? Maybe go Consumer Staple ETF?

I am brand spanking new into investing, the only stock I've bought is Nintendo, which is Japanese. Is this recession gonna affect me at all?

>>12004923
>It's the "anon that shorted near the bottom claiming we're in a bear market" episode again

I hate reruns

>>12004780
JNJ +1.6%
It keeps happening.

>>12004948
just wait. you can continue to invest or hold cash and try to time the market, but you an also cost average those ETFs down and back on the way up (which is what I would do personally)

>>12004956
Hasbro, McDonalds, several healthcare companies, Walmart, and several beer companies did above/average last recession. People need their escapism and cheap food. Food and energy costs are the two things people cut most during hard times.

Discount retailers, fast food restaurants, healthcare companies, and cheap escapism (beer, children's toys, maybe weed now?) are your best friends. Tech, energy, manufacturing, and entertainment are all industries asking to get justed. Even great companies like Visa and Mastercard (the two best long-term stock holds in my opinion) will suffer a 50% correction due to less overall consumer spending.

>>12004984
Prove me wrong. G20 was a wet turd. Tell me any bullish catalyst strong enough to stand against trade war + brexit + yield curve inversion + oil crash.

>>12005005
has anybody ever put together an ETF of the generally accepted 'defensive' stocks? Basically stuff that NPCs buy that always do well

>>12004956
Utilities, Consumer Staples, and Healthcare are the sectors that perform best during periods of economic downturn

>>12005019
SPHD

>>12005017
The Trump news conference for g20 and powell talking this week

>>12004956
see
>>12004931
This is literally the best time to buy DG. I also recommend Verisk Analytics.

>>12005005
I say be careful with a lot of those other recession bets, since they also have trade war risks associated.

>>12005019
I'm sure it exists. But there are so few companies that are "recession-proof" that also have strong debt profiles that you can probably count them all on one hand at this point. McDonalds for example has a horrid amount of debt right now compared to 2008 that I worry could ultimately fuck the company up in a recession, even though their business model is cheap food.

Anyone looking at ATVI...

Get SNE instead.

>>12005045
McDonalds also has big exposure to China at this point, which they could get punished for if relations worsen.

Golden bull, huh?

>>12005039
>>12005020
>>12005005


So I am going to be taking a 5% hit selling these two funds. Do you think it is wise for me to take that and attempt to time the market? I feel like no matter how well the market does in the next 1-2 years it will be below where it is now in the next recession.

>>12005017
Inverted yield curve was manufactured fud created to get cheap equities, the trade war is over, brexit isn't going to happen and may is going to resign, the oil crash is actually just the saudi's over pumping to get people to shut the fuck up about that guy they killed. This kind of recession fud is fake and gay, we're going to see 10% GDP growth after the terms of the Chinese surrender are negotiated.

>>12004892
just buy LCI and shut up faggot.

>>12005074
Maybe set up limit orders to minimize your losses anon, I think we may yet see at least 2% gains on those sectors before everything comes crashing down. We have a month or so, at the very least.

>red day for indexes

Fuck.

>>11998738
2008, buy the beef, milk cows now!

>>12005074
There's no reason the market couldn't do another 50% increase, then retreat 60% and end up where you are now. By the same token, it could enter freefall tomorrow. I think you should just remain where you are until you see real financial stress and your returns drop below 10%. Despite how fucked liquidity was in 2007, the market still pressed on another 6 months.

>>12004892
I too am a masochist and like to stick my dick in bee hives. Sell your DIS, and buy some FVE.

WOOP WOOP

WARNING TERRAIN.

>>12005112
BASED KO, PG and JNJ

Holy shit, this selloff.

>>12005127
>"buy this falling knife"
>BagholderExtraordinaire

>>12003682
is losing every day really more fun?

also just do as >>12003708
says

invest with 80% to 90%
swing with the remaining 10% or so of your portfolio

>>12005045
how does McDonalds have debt?? They literally just print money constantly, arent most of them franchises anyways?

2s10s 10.750%...

The only thing that makes me feel better about Aphria going down is that all these fucking retards are just going to smoke more weed to cope

>>12005157
Big buybacks, iirc

>ATVI is green

>>12005146
I was up 6% until today came
Holding is for my financial adviser, not for me I am too jittery for holding

>>12005157
Look at their balance sheet. I couldn't tell you why the fuck a company with practically the same revenue for 5 years needed to almost double its debt, but it did.

We perfectly bounced off support. If bulls can defend this level today I will be surprised.

>>12005191
>we
>tfw exclusively buy stocks in noncyclical sectors

>>12005158
There's 2 and 10 second bonds?

What's going on, someone give me a rundown.

>>12005222
hue

NO

getting YIKES'D brehs

FUCK THIS GAY ASS MARKET

>>12005223
https://www.youtube.com/watch?v=BhtYOvmPjCE

>>12005223

Lads are gonna sell any rallies we get.
Most likely going to stay that way so that write offs under a short term asset loss are locked in until the new year.

>>12005185
To "create shareholder value" anon.
>After a thorough evaluation of financial opportunities, management announced plans to optimize the Company's capital structure and increased the cash return to shareholders target to about $30 billion for the three-year period ending 2016 -- a $10 billion increase over the previous target with incremental debt funding the vast majority of the increase. This proactive move in the Company's leverage metrics and credit ratings still enables McDonald's to efficiently and cost effectively access capital globally, while allowing for continued investment in the business. These actions, together with the decision of the Board of Directors to raise the dividend in 2015, reflect the Board and management's confidence in McDonald's future
https://www.fool.com/investing/general/2016/04/06/mcdonalds-debt-increased-by-62-last-year-should-in.aspx

I feel as if I just got castrated.

>>12005191
That didn't last long. Bulls on suicide watch.

>>12004979
Well, what was your goal in buying Nintendo?

Calling it "investing" usually implies a long-term buy-and-hold strategy. What is your timeframe on that?

If you planned to sell it at a certain date and recession hits before that, of course it'll affect you. If your imagined sell-date is far in the future, a recession would be merely a small dip on a much larger upward trend.

If you are in it for the dividends you could maybe see a more direct impact. If Nindendo's sales are affected, they might scale back dividends for a few years.

Just as a general observation: As a tech and entertainment company you should probably be more worried about business factors like what consoles and games they launch than about the general market climate. If the core business screws up and Ninento in particular tanks it'll hit you much harder compared to a few years of recession after which your papers will recover anyway together with everything else.

In general a true recession affects everyone who holds any financial instruments. What happens is one of the most salient proofs that markets do not magically find a true and fair equilibrium price. Instead the prices are substantially driven by fears and hopes, not fundamentals. Rock-solid companies' stock will still tank during a general recession when the whole market collapses. Conversely during a bull market, even good companies don't suddenly quadruple in actual productivity output - it's just a general unfounded uptrend on the market. As a long-term investor you only care about the long-term *average* uptrend across decades, not about the peaks and dips inbetween.

Hello, bulls
>:)

MY SPY CALLS ARE RUINING ME. MAKE IT STOP!!!!!!

https://www.zerohedge.com/news/2018-12-04/stocks-sink-white-house-confirms-china-trade-war-will-re-escalate-if-no-deal-90

SKIPAPABAOAOOBPOPOABUTATABAPOU

"I'M A TARIFF MAN"

SKIBIBAPBAPDUDUDDAM

SKIBIBAPBAPDUDUDDAM

I'M A TARIFF MAN

>le ebin trade war with Ch*na is ogre XDD

>>12005125
>>12005081
I just sold half of those funds. I guess that gives me some relief should the market come tumbling down.

Still have 25K in BABA
and 14K in a Healthcare ETF

>>12005265
>>12005185

debt was cheap as fuck in 2016, why not load up on debt before interest rates rise, especially if you think you can get more money of new investments with the debt.

they could have just used it to buy back a bunch of shares and saved in dividend payments. debt isn't inherently bad and can be good if used correctly

Down almost 4% today lads

AHHH SELL SELL SELL I'M LOSING EVERYTHING

>>12005310
4% is nothing in the long term

>>12005294
This is by the funniest wojak.

>>12005314
i have over $1100 laying around my house im too lazy to pick up, grow up kid

get a real portfolio, 5 figures is where you can speak about it in public

>>12005335
By far

>>12005337
>implying dollars matter more than percentages

lol damn haha down 8% already...Wheres the bottom

>threatening to dip below the October downtrend channel now
LMAO

>>12005314
>tripfag is a literal 4-figure spaz

Shocking news. Thank god you have that trip so I can vet your trades

its over, isnt it? isnt it over?

The good news with Aphria is I’ve lost so much money there is no way I’ll owe any income tax next year

I'll ride the recession like the whore of Babylon. Instead of selling stocks I'll just get a few options

>>12005363
you can do that if you want, I don't care

>>12005363
pendulum doesnt trade. he holds shitty pharma memestocks.

>>12005363
>>12005337

>replying

You guys are not going to make it.

>>12005372

THERE IS NO BOTTOM

We in free fall boyos

Who is ready for the Power Hour Pump to save the day

This is what happens when you take wednesday trading away from us >:-(

uh when will the algos stop panic selling lmao

when is the first circuit breaker for today??

WE BITCOIN NOW, #HODLGANG

What happens when treasury yield curve inverts

>>12005380
I'm a position trader
My "shitty pharma memestocks" have science backing them, which is what matters in biotech
Please short my picks long term so you can lose your money and fuck off

Having fun yet?

>>12005405
>have science backing them

If you truly knew anything about the science behind any of your meme picks, you'd have a lot more than a fucking grand to work with, child.

>>12005402
Nothing happens, it's just that it's been a reliable indicator of recession in the past.
The yield curve doesn't cause the recession.

What's the reason for this? Any news yet?

>>12005405
>>12005412
You know what, I'll double down. List all of your positions and I will short every single one of them for shits and giggles.

You can have my daily gains, BUT DONT TOUCH MY WEEKLY GAINS OR THERE WILL BE HELL TO PAY

S&P500 will never go below 2723 again. Rock solid support.

>>12005422
GALT, VTGN, WTR

>>12005421
China isn't corroborating anything Trump has said.

AMZN down 3.65% so far today

JUST

Told you dummies to go all cash after yield curve inverted. Market is driven by emotions. Second yield curve is inverted a sell off will happen. The recession will be a self fulfilling prophecy. I cashed out my retirement yesterday. Waiting for the -40% drop.

>>12005442
Well best of luck to ya , the yield curve doesnt mean jack shit but it looks like alot of ppl think it does

>>12005454
if a lot of people think something matters int he markets, then it matters

>>12005454
All that matters is what people think. This is trading 101.

>>12005405
>have science backing them, which is what matters in biotech
wrong!!

the financing is what matters in those.

NEW BREAD?!?!

>>12005469
financing comes as a result of science
also, a company with bad science supporting its drugs but good funding won't get anywhere

Wow, who would have thought that the whole world would know if you lied about making a trade war deal with a large foreign adversary.

>>12005490
>also, a company with bad science supporting its drugs but good funding won't get anywhere
?

WHAT THE FUCKING FUCK?? It was fine yesterday. JESUS CHRIST!!!

Should I buy puts on Aphria to balance out my losses while I hold?

new bread when?

Make the new thread already so I can change my stance from bear to bull in my ongoing effort to antagonize everyone.

>>12005498
>Coke is a biotech company

I'm surprised you were even able to type that post, you fucking troglodyte

>>12005490
ok buddy. keep thinking that. can't tell you how many times i've seen companies with "science" flop because of terrible financing... but hey.. keep doing what you're doing.

LOOKS LIKE ITS OVER

Wew

>>12005532
it was a jok

Everyone having a good day so far today?

>>12005561
Even lunchanon didn’t show up for this shit show

>>12005532
Coca Cola was initially sold as a patent medicine for five cents[15] a glass at soda fountains, which were popular in the United States at the time due to the belief that carbonated water was good for the health.[16] Pemberton claimed Coca-Cola cured many diseases, including morphine addiction, indigestion, nerve disorders, headaches, and impotence.

>>12005574
>impotence
lol nice. all in coke.

>>12005572

lmao>>12005574

>>12002949
If it continues to fall you will incur a substantial loss upon exercising.

>>12005552
I'm not actually mad, I'm just being antagonistic because we're on 4chan

>>12005511
pumps on news of a trade detente then dumps the next day because everyone is jumping all over any decent exit point

"SPY going to 290," they said.
"Era of the Golden Bull™," they said.

TVIX SAVE ME LET ME AT LEAST GO EVEN

WHAT
THE
FUCK

>>12005546
>thinking its over

Welcome to the greater /depression/. Please leave your keys with the valet and feel free to hang your coats - we‘re gonna be here a while.

>>12005621
last chance to buy the dip if you missed it last week.

>>12005632
>>12005632
>>12005632
NEW THREAD

>For now it is unclear the catalyst for the latest leg lower
WHAT THE FAAAAAAAA

>>12005440
My puts on Amazon and Facebook are doing great today. Double digits green feel awesome.