/biz/ - Business & Finance

>>12313362
As someone just starting to look into trading and investing, is now a bad time to start putting money in? Is a recession/crash guaranteed, and how long do they last? Are we at the bottom or is there a long way to go?

it is time.

>>12313391
fuck off

>>12313388
The best time to invest is yesterday - all traders / investors always regret not starting sooner.

There are no bite-sized answers. Read, watch, and listen.

>>12313388
I don't think you can pick a bad time.

>>12313388
>Is a recession/crash guaranteed
>Are we at the bottom

the reason many people lose money on the stock market is because it's impossible to really know what's going to happen next
if you buy good, proven companies and dollar cost average over time, then it's hard to lose

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

All of the bearfags already sold. It's time to sit back and enjoy banks' gradual buys that will btfo all of the shorters in 2019.

>>12313388
>Is a recession/crash guaranteed
no one knows. Literally, no one knows and can't know. We can just look at the now and hope we guess correctly.

>is now a bad time to start putting money in
see above, you can't really time the market. If you buy too early you do what's known as "catching a falling knife". Too late and you miss the bottom.

The best strategy is to buy into the stocks you want to purchase over a period of time, known as "dollar cost averaging'. That way any rapid fluctuations in price are averaged out.

personally, I would wait a bit more before putting any cheddar on the table.

>>12313388
honestly biggest advice i can give you is ignore the memes and hype and start looking at financial statements.

>>12313426
Actually, these numbers are memes in itself. Value is whatever that anyone is willing to pay for.

Anybody get any cheapies this morning? I made sure to get some of that TQQQ stuff since I ain't got time to watch shit today and want to get a start on my taxes today.

>>12313443
this. also financial statements don't tell you the expectations baked into the current prices, which are already risk adjusted.

Yeah no
Me shorting hard @ 249
See you back at 245

GE is doing me right this morning

can someone post that big tl;dr on bigguy5?

uht oh

>>12313493
oh no not zerohedge
i-it's truly all over bulls, please stop buying now

i sleep

Anyone else long Facebook

UHT OHH

This old permabull on CNBC is pumping the market. It won't last.

>>12313524
zerohedge lost all credibility with me during the 2016 presidential election

>>12313551
remind me? wasn't zerohedge right about the tax cut bullrun?

>>12313523

>>12313523
shorting FB is the only position I'm considering opening today

CRUDE ABOUT TO BREAKOUT OF CONSOLIDATION RANGE TO 50 AREA GET IN WHILE U CAN EVEN IF ITS ONLY A DAYTRADE, UWT EZ +20%

>>12313493
>>12313524
>zerohedge
this guy has no credibility he has been going on about impending collapse for years and years and it has never happened. I rather listen to real professionals at cnbc or bloomberg then some basement dweller that gets a few ad bux by writing sensationalist doom stories

>>12313493

>GARTMAN

holy shit forget about the 260 test, we're going to 271

>>12313579
Nah fuck 270. We going straight to 300 to make up the lost time over literally concerns over memes.

>>12313570
This rally will fail like the others.

ZeroHedge is peek /bizpol/
Therefore it is based and redpilled

>>12313592
based and cyclepilled

>>12313575
> it has never happened
It's already happened though. What do you not understand about the economic collapse of the middle class? What do you not understand that the US is insolvent and will one day be bankrupt?

>>12313565
>>12313569
FUCK I'm gonna lose 50 percent of my liquid net worth if fb goes to $1

>>12313603
>What do you not understand that the US is insolvent and will one day be bankrupt?
lmao

>>12313523
>long Facebook
gross

>>12313603

>>12313575
I'm pretty sure it's a collection of several people. Some posts are clear higher quality than others. I really like their analysis of bond and equity correlations backed up by detailed chart descriptions; so you can pick and choose what to read. The most annoying thing I find about ZH is the terrible grammar and spelling in nearly every article. The only mainstream financial media I get anything out of is Bloomberg Surveillance. The cringe factor is over the top watching the hotshot wannabes in suits on a tv set throwing around lingo and going where the wind blows.

>>12313603
US can pay off its debt anytime it wants but there is no reason to do so

>>12313620
You will see

Benjamin Graham said: invest in companies the majority of people feel bad about

what's happening? is it bull run?

>>12313624
>>12313618
0 financial understanding and unwilling admit it.

>>12313635
At least you gave a proper response that can be reasoned with. Can you describe how they can do this?

>>12313636
Good luck!

what the h*ck is going on with the market, crazy action man

>>12313603
American Soverign debt is meaningless, no force on earth (military) has the means to collect that debt

Euro is the real shitshow that is about to begin

and china will eventually have a crisis too, its mathematically impossible for them to never have a down year forever

>>12313594
>redpilled
>only 2 pills
disgusting, you reveal how small-minded you are (pretending to be of course?)

>>12313570
based oil, been long WTI since $1.95!

WTI fighting through 46.50, up to 46.70 ??!

all in on black

>>12313603
Countries can't go bankrupt, unless they're in the EU. US can always print money out of any debt situation.

The middle class is fucked tho.

>>12313575
>real professionals at cnbc
Always do the opposite of what cnbc says for profit. Never fails.

>>12313652
yeah, but you get hyperinflation which essentially destroys your country, so I guess you officially paid it back, but you destroy the currency

go fucking long idiots, it literally doesn't get easier than this

>>12313663
b-b-b-but 4chan told me there was going to be a recession

>>12313645
>0 financial understanding and unwilling admit it.
yeah, pretty amazing how i was able to retire early considering

>>12313650
>no force on earth (military) has the means to collect that debt
US Financial Leaders would sell out its citizens as long as it means they get to keep their position at the top, meaning that you're going to be the one paying that debt by the US Military's orders.

>>12313652
>US can always print money out of any debt situation.
Again please describe how they would go about this.

>>12313668
4chan is the cnbc of financial forums?

>>12313661
Point being don't worry about the national debt. Fix household debt first. The rest takes care of itself.

>>12313663
I can memeline too and my memelines say otherwise

>>12313670
Any proof of that claim or are you just pulling shit out of your asshole?

>>12313663
THIS

In the longterm we bulls will ein. Facebook changed the world

>>12313673
There's a big printer inside the fed. Turn it on and collect the dollars in a large sack.

tasukete

holy heckies
me shorted EURO last night but jesse christ made same mistake always do then LONGED EURO

why cant this stupid currency not poop the bed for 1 freaking day when me long it

>>12313681
>Point being don't worry about the national debt. Fix household debt first.
Household Debt includes National Debt through taxes. You won't be able to fix one without the other being fixed.

>>12313687
Ah so you really are all in one having bread cost $5,000. I see now. Reminder that the rich are eaten too unless they flee the country.

Short
P
Y

Long
C
I

>>12313706
based & redpilled tbqh

>>12313663
meme-lines are in the eyes of the beholder

>>12313703
inflation of capstone currencies (like USD) means inflation of all dependent currencies

if we are buying bread at $5,000 a loaf, then the rest of the world is paying far more for loaf, so the impact is muted for those that use USD, compared to those who do not

>>12313695
you'll be fine, that's not much money
just read up on actual trading strategies and learn from this mistake

buy

SPY QQQ SSO QLD

if you want to retire

>>12313716
so you're saying we should be buying wheat since bread is going to 5k per load?

>fell for the SQQQ meme

>>12313720
>no DIA

>>12313724
no, buy beer, since it is wheat derived, and much more tasty

or buy flour and yeast, so that you can become the new bread manufacturer, to profit from the hyperinflation :)

>>12313729
This is a sick market brother, The Fear should set in soon.

>>12313716
>>12313683

>hehe xd meme lines loL!!!!!

could you fucking imagine trading blind? these are the retarded faggots who believe you can't get 10% in a year LMAO. I feel so fucking sorry for you losers tbqh

post the positions of the based

>meme lines

>>12313736
theres no need to have DIA when you have SPY

its just slower moving and more boomer-y, unnecessary and useless in modern times

GE making me pp hard

>>12313775
>GE making me pp hard

Missed out buying it when down to $6.66 the other day.

>>12313767
What do meme lines say about Facebook

>>12313775
GE to 30 in the next 3 years, think it's possible?

Bullish Bias

>>12313706
When will LCI be mid teens? Tempted to sell it now for small gains desu

FUCK BULLS

>>12313775
It's a trap
Don't do it.

>>12313805
/smg/ is a bull thread take this hate speech somewhere else

>>12313788

i hope ur not trying to """""invest""""" in stocks during a bear market??? If u mean for a swing trade, facebook ain't going higher than 140 for a while, it shows no promise. shit stock unless we enter another golden bull market that makes everything go up

>>12313796
you can do whatever you'd like... I'm holding for much higher

>>12313788
anon i...

>>12313805
you've fallen for my trap bear

>never buy options
>buy a DB put
>it moons minutes later

Not sure why I bother anymore desu, can't time the market any worse lately.

>>12313829
DB will be the best performing stock in the world this year cap this don't fall for the muh derivatives bullshit

Looking like a bull market again. I can now relax.

>>12313827
>total smooth penis index

is this BB/keltner channel spread or something?

>>12313852

//@version=3
study("total smooth penis index ", overlay=false)
fast=input(XXX)
slow=input(XXX)
sig = input(XXX)
v1=security('AMEX:HYG',period,ohlc4)
v2=security('CBOE:VIX',period,ohlc4)
v3=security('NASDAQ:NDX',period,ohlc4)
v4=security('SP:SPX',period,ohlc4)
v5=security('NASDAQ:TLT',period,ohlc4)
v6=security('AMEX:IWM',period,ohlc4)
v7=security('DJ:DJI',period,ohlc4)
HYG=tsi(v1,fast,slow)
VIX=tsi(v2,fast,slow)
NDX=tsi(v3,fast,slow)
SPX=tsi(v4,fast,slow)
TLT=tsi(v5,fast,slow)
IWM=tsi(v6,fast,slow)
DJI=tsi(v7,fast,slow)
v11 = ema(HYG, sig)
v22 = ema(VIX, sig)
v33 = ema(NDX, sig)
v44 = ema(SPX, sig)
v55 = ema(TLT, sig)
v66 = ema(IWM, sig)
v77 = ema(DJI, sig)
plot(v11, color=#0044FD, title='HYG', style=area, linewidth=2, transp=50)
plot(v22, color=#FFFFFF, title='VIX', style=histogram, linewidth=2, transp=40)
plot(v33, color=#00FD2A, title='NDX', style=line, linewidth=2)
plot(v44, color=#EEFD00, title='SPX', style=line, linewidth=2)
plot(v55, color=#FD0000, title='TLT', style=area, linewidth=2, transp=65)
plot(v66, color=#00F6FD, title='IWM', style=line, linewidth=2)
plot(v77, color=#FD0000, title='DJI', style=line, linewidth=2)
hline(0, title='zero line', color=#FFFFFF, linestyle=dotted)
hline(0.5, title='upper extreme', color=#FFFFFF, linestyle=dotted)
hline(-0.5, title='lower extreme', color=#FFFFFF, linestyle=dotted)

Wait, are you faggots not actually accumulating Barrick after their acquisition of Rand????? Stay poor!

I really hope this shit can hold up, 11:00 is usually where we invert for the day

>>12313868
thanks

>>12313790
It's possible but I don't know how likely it is. I got in around $7.00 and plan to hold it to a long time.

>>12313845
>down across the board

AHAHAHAHAHA Oh no no no

>he didn’t buy GE at $7

How do bulls trade stock? Do you just buy a bunch of shares at close or open then expect the stock to go up?

>>12313874
it has plenty of room for improvement, thats just the (partial) third beta version

>>12313872
11am is not the time to look towards

Based Financial sector

Guy I just bought a huge put position in DJ, I have a feeling I might get rekt. Will it go further up?

>>12313896
Yes

>>12313362
>if you blindly buy things without understanding how the stock market works or doing any research on the individual stocks you're buying, you will lose money
not true if you legitemately buy blindly. your chances are just as good as everyone elses to pick a winner. endless studies have shown that. denying that would be just a sign of a lack of knowledge

>Free in depth technical analysis charts
while trading view is nice to keep an overview of what one is interested in technical analysis is another thing nobody who has legitimate knowledge about finance takes serious. this debate isnt even worth having anymore since it has been proven to be worthless more than one could count

>>12313388
questions where you wont get any specific answers beacuse nobody can tell. everybody who acts like he knows whats going to happen is lacking knowledge and a fraud who is after your money at best

The fuck has GE done to earn this growth? is it just trader autism

>>12313931
people buying in before the spin offs happen

>>12313562
everyone was right about the tax cut bull run? you give huge corporations tons of free money, they're gonna spend it (on buybacks).

>>12313931
They're going to be relisted on the dow next week at this rate.

>>12313788
You deserve to have lost your money. Why the fuck would someone listen to Jeremy? All you can talk about is Facebook, because you invested too much into it without even thinking about consequences. Remember myspace? Me neither. Now fuck off and kill yourself.

Wee woo wee woo Green day alert

>>12313931
The satanic wall street cults got their $6.66 print GE bear debt has been paid off

>>12313962
Once FB started censoring users, and admitted they were profiting off of the data their users entrusted them with it was only a matter of time before they went the way of altavista.

I didn't buy TVIX on monday!!!!

Dubs I'm all in sqqq

>>12313990
good job, grim

Up 5% with my mining stocks.
How you all doing today?

>>12313983
FB is sick stock.
News don't even correlate with the stock price.

Short
P
Y

Long
C
I

Massive gapdown met with immediate buying, doesn't get much better than this for us bulls

Little mid day fade followed by a close at the highs?

>>12313993
Sucks to be you if u ever buy sqqq until tqqq tests 72$ again

>>12314006
The Barrick Gold Merger broke my degiro. Otherwise pretty comfy desu.

2019 will be the year APHA goes back to 15 bucks

Wtf this means?

>>12314035
I wouldn't buy any SQQQ until the chinks start a hot war over Taiwan, which at this rate could be as soon as next week..

>>12314053
The boys are back in town.

>>12314031
i dont know any bull who likes whats happening atm... are you high?

getting real sick of this sideways bullshit

>>12314088
it means you can keep buying at these low levels to get a really good entry price when we moonshot in the future

recessions are good becuase it gives you cheapies

>>12313990
>BASED grim

>I didn't all in TVIX this morning
We really are going to make it!

>bulls desperately clinging to these weak ass upswings
Just wait how 2019 will play out

HAHA DUMP IT

>>12314139
?

I've been trying to come up with a way to purchase some decent stocks that pay dividends for a cheap price. Does anybody have any idea how I can get the markets to go lower so that I can get some cheapies?

>>12314143

MR BOBO IS BACK

BULLS ARE TRAPPED

>>12314144
fly an airplane into a building

>>12314144
Bog law says just Post the ticker here and watch the Cheapies come to you

>>12314144
Be a trillionaire.

>>12314144
>buy DIA
>buy DOG
>buy more DOG on green days
>sell more DOG on red days
>get dividends from DIA once a month
>accumulate DIA long term while swinging DOG short term
>???
>Profit!

is it lunch time yet?

>>12313388
no dude go all in, the golden bull run cometh, no trouble at all in markets until 2024.

>>12314180
so what would you call today? a sell more DOG day or a buy some DOG day?

Healthcare taking a beating. Hologic needs to change it's name

>>12314204
>at 9:30am
>buy DIA, sell DOG
>at 11:20am today
>buy DOG, hold DIA

it all depends on your timescale, but if you can day trade, it becomes much more easy

the real trick is knowing how much of your portfolio should be weighted in either one at any given time

>>12314231
so you buy your dia when you can get some cheapies, and then trade dogs to accumulate more capital for cheapies?

>>12314242
exactly

use short term hedge to cushion yourself in downturns, but sell them for profit when you can, use profit to either buy more long term cheapies when they dip, or buy more hedges when the hedgies get to a cheaper price to buy in


imagine one is a sine wave, one is a cosine wave
buy the dip, sell the peak, of each one (one thing's dip will be roughly equal to the other thing;s peak)

ride the waves like a surfer

pushing higher still probably

>>12313362
that cartoon was so comfy

>>12314231
The inverse etfs are great for day trading when you have pdt and less than 25k.
Lock in gains by buying the equivalent of the inverse as opposed to selling what you have that day and getting flagged. Buy more of the initial investment to go long again. Next day sell and buy in the opposite direction. This works great for eod exiting index positions when you don't want your account to lock up.

>>12314268
how much $$ has this surfer strategy gotten you

>Had ABX
>Sold at 12.97 when made a 1%+ profit
>Now it's 13.40+
Why does this always, always happen to me SMG?

Booyah Jim!

>>12314318
because you care about a 1% profit on a memeequity

>>12313388
Just buy VT and BND every month.

>>12311725
>>12311863

If this anon is still here, I believe this how many people use the Volume Profile (and, to an extent, the Market Profile) to help determine how to position themselves.

The Value Area on a Volume Profile is where the highest percentage of trading has taken place (usually something like 70%).

Points of Control (those red lines) are prices which most of the trading has taken place, in a given Session. They can act as Support/Resistance.

DOUBLE TOP


DUMP NOW!

>>12314268
this is a fine until there is no wave, that's why people get btfo in bear markets, they say they will get out of positions when it bounces a bit, but it doesn't

Oh no no no no

wait was I supposed to have bought some dogs 20 minutes ago?

Whelp China started to bite in
Full yield invert
No stopping the rape train

>>12314282
yes, and multiple ETF's that track the same thing are better still for doing this to avoid PDT lockup

>>12314295
ill let you know when its the only strategy i use for a set timeframe

>>12314350
yes, i found it, thanks!

>>12314360
the longer you have consistently green days, the less often you buy your hedge

>>this is a fine until there is no wave, that's why people get btfo in bear markets, they say they will get out of positions when it bounces a bit, but it doesn't
thats why sideways markets are incredible for gains
just look at a strategy of JNUG and JDST durring 2016, it was incredible, until after the election

>>12314394
yes, unfortunately TA is a lagging indicator by definition
helpful because it provides hindsight, terrible for "knowing" the future

Oh, what's that Bullc ucks? You thought I was dead and gone? Oh sorry, but we're back baby and there's nothing you can do to stop us.

>>12313362
why do people use trips when they make these threads? why use trips at all?

>>12314413
but even though I didn't buy any dogs like I was supposed to, can't I just buy some DIA cheapies when the time comes to sell the dogs I didn't buy? How is this any different than trading waves on jnug/dust or spxl or spxs?

anyone else find it ironic that people who don't meet the $25k PDT requirements are dishing out guidance and advice on trading? if they were successful traders, they'd have money. it's the blind leading the blind in here.

>>12313493
>Believing a guy that posts himself shirtless as his avatar.

>>12314428

based

>>12314443
>How is this any different than trading waves on jnug/dust or spxl or spxs?
it isnt, except you never sell the DIA shares
its basically a handicapped ETF/inverse EFT juggling act, where you wont make as much as a pure juggling act in a sideways market, but you will make more if market is slowly moving in the right direction (up in DIA's example)

its safer long term, but less potential profits, and just like everything else, it does not work 100% of the time

they are all real world examples of a Parrondo Paradox

12314446
anyone else find it funny that people with over $25k never post guidance or advice at all, not to mention proofs of their big balla' status?

>>12314446
People take advice from here? If I do anything because of biz it is doing the opposite.

>>12314482
people with more than $25k are real investors who buy and hold, they dont need to post any guidance

we all know how to make it, just buy and hold SPY QQQ and thats it and you're done

>>12314492
this guy gets it

>>12313663
The market always foes up the first days of January. People flood the market with 2019 contributions.

>>12314038
Barrick is shit, sold it earlier. SSR mining is top-tier for the last week. First Majestic is also waking up

>>12314515
wait so the aggressive selling was so people could write it off on their taxes, then take the money and get more tax breaks for 2019?

>>12314590
it explains everything in the Bogdabook section 3 paragraph 5

>>12314559
Noted. I do not know a lot about miners, but I also don't plan on buying them after they rose. Let's see how Barrick fares after the merger and with lower oil prices. Maybe I'll buy into those you mentioned. Thank you.

>>12313899
I like this indicator, pls post updates when you make them.

>>12314429
Because when you gargle cock like Comfy and Pendulum, you're also an attention seeking whore

>>12314638
I feel bad for pendelum
poor guy is holding ONE stock for about 3 years now. When is he going to take a hint and just sell his bags?

>>12314644
Whenever he stops posting homosexual anime

>>12314648
That's his MO
It's who he is as a person
His BUSTED faggot ass is leaking with nigger sperm and the only way he gets relief is watching anime. It's a coping mechanism that helps him forget the years of being violated by inner city youths.

>>12314635
It was one of RKG's better indicators
Unfortunately now that she doesnt do it fir free anymore she cant go out giving stuff like that anymore

>>12314648
some people happen to like stuffing stuff up their ass while watching cartoons. It's 2019, times are different now. Take me for example. I haven't even had any coke or booze all year.

>>12314661
He doesn't want to forget. He'd post cute smugs instead of dudes kissing anime if he wanted to forget

>>12314682
>all year
Kek

>>12314685
the only thing that help me forget am dead anime girls T_T

Anyone here ever heard or 'raging bull' or 'warror trading'? These financial education services seem sorta like a scam to me, but they seem to talk a good game.

The Bogs want you to buy, don't fall for it

>>12314706

Never heard of them but imagine sitting behind a computer looking at meme charts all day and calling yourself a warrior, fucking lol.

>>12314644
>poor guy is holding ONE stock for about 3 years now

I've been holding GALT since August, and it isn't my only position
This would be a terrible time to sell GALT, there's a lot of stuff on the horizon in the near future for them

>>12314638
>mfw I see a big black cock to gobble up

>>12314695
Why the fuck does that clock have an am\pm indicator if it's in 24 mode? That's the kinda redundancy and waste I'd only expect from my government.

>>12314706
if their services worked, why dont they just keep it a secret and put the strategy to use making money instead of selling the magic formula? i mean to sell it requires even more work and money (marketing, etc.).

>>12314709
>thinking you can read the Bogs god-mind
whatever you're thinking, its what they want you to think

>>12314706
It's a scam
literally all of them are noob traps

all the info they give is freely available

fuck it im buying dust, i like this price level

Damn this battle for 250, intense as fuck.

>>12314793
That's actually a pretty nice set up

>>12314754
ugh
she can easily get the cheese

>>12314732
she was a mid tier government official woman staying at a cheap hotel
their air conditioner am also in stupid place

the whole piece is unironically a critique on the Japanese government
there is a reason she ended up as food for Alres

>>12314673
yeah X_X sorry
me cannot go out giving free stuff like that anymore basically because >>>>12314733

>>12313490
>>12314872

turns out it was just a glitch

>>12314891
wtf lmfao

>>12314891
what does that even mean

>>12314850
its actually a matter of perspective, me made infograpthic explaining it!

>>12314889
me longed this morning from 246 to 250 kek

>>12314909
well the glitch thing can be ignored, but it's good that he's coming to realize that the market wants some certainty with trade deals, and if he wants a recovery then they better get done soon.

>>12314927
>more people sell than buy
>price goes down
that's what's supposed to happen where is the glitch part coming from

>>12314891
Its true
Looks like the Golden bull run just activated too

>>12314921

Gopro couldnt even beat Deans today lolol

>>12314951
shut up
GoPro will put the "Go" in Golden Bull Run

the market is after major correction from q4 2018 so it's time to buy

>>12314951
yeah for some reason i'm in dust and tqqq, i think you might be right ratsu.

>yfw market movements are just HFTs pumping dumping on you

fuck fuck fuck fuck

why the fuck do I always do this

AMRS guy came on a few days ago and said buy, some idiot argued with him so I didn't do it.
This is literally the 4th time I didn't buy after he said to buy, and it skied

I bought TVIX at open sold it 3 seconds later. I have successfully tricked the market into a bull run today!

it's time boys and girls

>>12314993
Amrs is easy you fucking cuck. Just load up and wait.
The avg PT is around 13 still.

nice MOONSHOT today for all my perma long positions

if you dont own SSO and QLD then your just wanting to fail buckos

holy shit SGYP mooning
putting in a 5k order now
hopefully it will reach .50 by eod
wish me luck /biz/!

>>12314993
Same with YTEN

yeah, im thinking we are back

>>12315009
everything green. brk,b going red. took the boomer pill and now it's shitting the bed because i'm holding it.

Is oil coming back up?
Im thinking CVX and PSX just for the sake of gambling on oil going up since why the hell did it go down in the first place.

i have too much cash. should have bought more cheapies. dont want to chase now.

>>12314921
>m-me am never lose money, please believe me

why am I the only tripfag/namefag/avatarfag here that actually posts their returns

Is Bayer too big too succeed? Im in awe of these brands, and they bought all of monsanto too

>>12315083
SGYP is your meal ticket
you're welcome!

CGA is green

>>12315104
only boring index funds for me

where's that anon who called OHGI

I just made my yearly salary thanks to you

>>12315116
based CGA bro. I have to admit I was worried this morning

>>12315087
you stupid idiot!!
Me LITTERALLY posted trade with accompanying chart this morning >:(

Why you so salty all the time

>>12315104
Quick rundown? My 5 min research tells me the company filed for Chapter 11 but the shareholders are challenging the move and they might hold off on restructuring via bankruptcy?

BGFV

>>12314726
I think GALT is a good hold, their line of credit just got increased and it points towards good company health

Does anybody else have a piece of this HCLP shit? Like I only bought it for the cheapie dividend, but my average cost is $3.40 and we're up to $4.30.

>>12313683
Gee Billy, your mother let's you have two dead cat bounces?

>>12315167
where

>>12315238
thanks, I also think the line of credit is a bullish indicator
I'm holding it mostly because of the science
I think they're going to announce a partnership or BO by the end of Q1 2019
They've had this company on their payroll for like 6 months now, and they haven't released new PR for a long time, which makes me think they're in negotiations for some kind of deal

https://bblsa.com

>>12315203
>BGFV

yuck

$PRAN

GET IN LADS

GOING TO MOON ANY MINUTE NOW

I'm fucking bored, yesterday I couldn't even look at liquor, now the liquors is talking to me.

>>12314726
something like a bo or partnership could be announced as soon as the jp morgan healthcare conference next week. Selling now would be stupid.

>tfw paper trading a mix of stocks I researched and meme stocks is working out decently
wew lads, AVDL is by far the biggest winner and I could've timed my entry better at 1.74

Threw some Dividend income on Surveymonkey
Already seeing returns.

>>12315320
I fully agree
Even without a BO or partnership, they still have potential catalysts, namely phase 3 NASH trial design and expansion of their melanoma trials

2 MINUTES LEFT TO GET IN PRAN

>>12315373
100%. And i know you couldn't average down but if you could that was a perfect stock to do it. Idk why it gets so much hate here.

>>12315272
>>12311725

>>12315392
I would have if I had had the extra money, this recent dip was a great opportunity
I think the main reasons people talk shit about GALT on here is because it's a biotech company, which people who don't understand them automatically assume are all memes, and because it's associated with a tripfag who keeps posting gay anime pictures

>>12315490
>should be easiest short in life
did you mean this ironically

will it hold 250 for the day?

>>12315537
Anon, it's going to hold 250 for the whole fucking year.

>>12315537

Just picked up some Canadian LBS. Roughly 20% dividend if you get some shares now. They have a good track record missing a couple months over a period of over 10 years. The trick is to get shares these split share companies at a discount. Been buying low, and now I make 50% of my regular salary in dividends. Pretty comfy stuff.

feeling good about the future of this country bros

DUDE WEED GOING HAM

>>12315632

>>12315632
can you translate those pinata runes for me

>>12315654
>rah rah feminism fuck men we stronk

>>12315654
yes, you can

>>12315654
It says "No wall for you, drumpkins"

>>12315654
"you can do it"

>>12315632
They claim to want gibs for the poor and uneducated, but they really just want other people to take responsibility for their constituents terrible life decisions.

>>12315532
How like you to go straight to the negative instead of congratulations on good trade

If it cools your butt blast me did lose tiny bit of munbeans trying short 249.50

>>12315532
I'm a bit confused, GALT has failed to meet their primary endpoints for their NASH-related trials. Why would you have confidence in that? There are other NASH solutions out there that have faired better...

>>12315676
NAFLD (Non-Alcoholic Fatty Liver Disease) is a very common and often symptomless disease caused by the buildup of fat in the liver. In some cases, people with NAFLD will develop NASH (Non-Alcoholic Steatohepatitis), in which inflammation and liver cell damage are present in addition to the buildup of fat in the liver. In its later stages, people with NASH can develop fibrosis (scarring) in their livers, which can in severe cases progress to liver cirrhosis, an extremely serious and life-threatening condition. The NASH market is forecasted to be worth $20-$35 billion dollars by 2025, and most large players in the NASH space (MDGL, ICPT, VKTX, etc) are focused on treating fibrosis and preventing progression to cirrhosis. One example of a company focused primarily on treating cirrhosis, however, is GALT.

>>12315694
GALT's sole competitors in the NASH cirrhosis space are CNAT and Gilead. CNAT missed primary endpoints in its most recent clinical trial, and Gilead's NASH drug has shown mixed results in clinical trials. GALT's primary drug of interest, GR-MD-02, works by inhibiting the action of galectin-3, a molecule implicated in a wide variety of diseases, including NASH, cancer, fibrosis, endometriosis, and asthma. In a phase 2 clinical trial of GR-MD-02 for the treatment of NASH cirrhosis, GR-MD-02 showed a statistically significant and promising effect in the reduction of hepatocyte ballooning (occurs when hepatocytes, a type of liver cell, increase in size and then explode and die) and in preventing the formation of esophageal varices (enlarged veins in the esophagus that can rupture and cause life-threatening bleeding). It did, however, miss its primary endpoint in the reduction of HVPG (hepatic venous pressure gradient). This may have occured due to an error in trial design. Per recently published FDA guidelines, phase 2 NASH clinical trials should last 12-18 months, which GALT's trial did not. Additionally, its effects in the reduction of hepatocyte ballooning and preventing the formation of esophageal varices were promising enough that GALT has moved onto Phase 3 clinical trials in NASH. In addition to NASH, GR-MD-02 has shown promising results in the treatment of melanoma and head and neck cancer, significant increasing Keytruda's response rate in a recent combination trial. GR-MD-02 is safe (producing little to no significant side effects) and relatively inexpensive to produce (being derived from apple pectin).

>>12315676
>>12315694
>>12315701
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5855601/
http://investor.galectintherapeutics.com/news-releases/news-release-details/galectin-therapeutics-inc-announces-positive-preliminary-results
https://www.streetinsider.com/Analyst+Comments/Galectin+Therapeutics+%28GALT%29+PT+Raised+to+%2412+at+H.C.+Wainwright/14192136.html
https://seekingalpha.com/instablog/47560554-vision-and-value/5210387-gr-mdminus-02-keytruda-s-partner
https://seekingalpha.com/article/4202616-nash-cirrhosis-real-nash-epidemic

>>12315674
good job rkg

OH NO OH NO HEHEHE HOOHOOHO BAHAHAHAHAHAHAA

>>12315031
I picked up 3K myself. Looks like another upswing is on the way.

>>12315701
I'm not a doctor, but wouldn't it make more sense to test for and treat the NAFLD directly, therefore skipping the NASH phase and avoiding it from manifesting into full blown cirrhosis?

Guys, I'm scared shitless. Stocks are going to tank during this next year. The rest of the world is quickly moving away from dollars/ treasurys, and people want them less even as other economies are turning sour. The only good buyer left for them is Saudi Arabia, who is looking to deepen ties with US adversaries. We are going to see the dollar collapse, and my family is too broke to do anything about it. Industry in this nation is already rotten and the remainder will fall in on itself as soon as the effect of a worthless dollar settle in. What the fuck do we do? All I really want is a comfy little portfolio and some employable skills, but both of those look father away every day....

>>12315759
recessions happen over and over over and over over and over over and over over and over over and over over and over over and over over and over and people like you are who lose all their money by having no hands at all, while pros like me take all your money by buying your panicked market sells

>>12315746
that's probably not as profitable long-term

>>12315694
>>12315701
I see, thanks for the clarification. However, I imagine missing a primary endpoint would stall the pipeline, no? What happens if they miss it for phase 3?

>>12315759
>Guys, I'm scared shitless.
You should be, but not for any of the reasons you listed.

>>12315759
Shut up and buy it nya. That FUD is leftist (communist) propaganda set to undermine quality investments from innocent people who are being manipulated to be spiteful of a healthy economy because they didn't get any cheapies. It's all part of a larger plan to keep people poor and voting in opposition of our president.

>>12315746
NAFLD is like being prediabetic, and NASH is like diabetes
Type 2 diabetes can also be prevented during the prediabetic stage, but that still doesn't stop people from developing it
Cirrhosis only comes into play in late-stage, severe NASH cases that could either kill the patient or force them to get a liver transplant

NAFLD -> NASH with fibrosis -> NASH with cirrhosis

why is healthcare getting rekt today?

Facebook has a great future

I'm long, fuck you bears

>>12315802
defensive equities in general aren't very green today, considering a long position on UNH or PEP before eod


>>12315809
hope you take your profit before the next scandal

>>12315802
works on my machine

>>12315802
all low beta sectors doing poorly. high beta catching a bid. investors moving to risk-on plays. bullish overall

>>12314180
Imagine looking at this and not feeling horror. Most humans are monsters.

>>12315838
It makes me hungry/ imagine what's it's like feeding humans to that machine / imagine what it's like to be a crab there

>>12315798
but wouldn't a company that comes out with a treatment option for NAFLD hurt the market share for the guys going after the NASH? I mean it's like you're trying to get water out of the faucet from the bottom of the stream when some asshole can just go up stream and then you only get to have what he spills.

>>12315849
vorefags fuck off

>>12314459
>himself shirtless
tyler durden is literally tyler durden confirmed

NBR going to $9. Cheap as fuck right now. Jump on it.

Golden Bull Power Hour coming in Hot

>>12315777
Them missing phase 3 primary endpoints would be bad news
Missing primary endpoints in clinical trials is among the worst news you can get from a biotech company, it's what causes them to plunge 50+% in one premarket session
Only afterwards do people calm down enough to see if there was any other good news there to balance out the primary endpoint miss, like there was with GALT

>>12315809
wouldnt bet on that
it's bleeding users in Europe

>>12315890
>>12315824
Guve me hope my cost average is 164 dollars

>>12315859
>but wouldn't a company that comes out with a treatment option for NAFLD

NAFLD is usually symptomless and can be treated with exercise and a diet
It's not something a company could profit from, it only needs to be treated when it progresses to NASH

sorry, I'm shorting all of US tech

POWER HOUR!

>>12315890
>it's bleeding users everywhere

ftfy. Zoomers don't even use Facebook.

>>12315861
vore am pure though
the best way for look at markets is one giant vore fest of people eating eachother

>>12315905
that's why you just advertise doom and gloom, put adds all over the place saying 1 in 4 people have this shit that they don't know could kill them, and you all have to get tested, then just sell the fucking test kits.

GREEN DAY!

>>12315915

>>12315905
>>12315859
it only needs to be treated with drugs when it progresses to NASH*

>>12315890
didn't growth investor leave FB? all you have is value investors.

>>12315789
It's working because even if I so much as ask leftists about the market, I can tell they are disgusted and skeptical of stocks. They start talking about knowing people who lost their life savings and getting robbed by corporations. I usually say that if these people held, they would have probably doubled their money in a few years. Cue extra scrunched frustrated face.

>>12315915
we're about to have flying cars and chore doing robots, but ok

>>12315838
you mean
>>Imagine looking at this and not feeling hunger. Most animals are monsters.

those crabs are killed fastest, humane, and when they fulfill specific criteria

>>12315008
Thankyou grim!!!

im glad i didnt go all in SQQQ, im having a green day without it!

>>12315241
nice! how long you been holding it?

im almost sad that all my meme stocks are up 10% or more, but my holdings are so small that it doesnt matter anyways

>>12315939
proper commies know how to short stocks

>>12315949
like a week...

C'mon you gay ass market. Go up.

Trump signaled his intention to end the trade war by admitting it's hurting the potential growth of the market.

Get up there.

>>12315920
They all use Instagram you fucktard. And boomers are the most important group in Europe and the US.

I'm hodling

>>12315973
>>12315973

body horror edition !

>>12315238
>>12315272
i was thinking about getting some GALT since it keeps coming up here(red flag already), but then i read this and im not sure

https://simplywall.st/stocks/us/pharmaceuticals-biotech/nasdaq-galt/galectin-therapeutics/news/have-insiders-been-selling-galectin-therapeutics-inc-nasdaqgalt-shares/

>>12316089
I don't take sites like that very seriously, there are quite a few of them that all publish the same thing based on a common template
I think you misread the title of the article, though
I won't try to convince you to buy something you aren't comfortable with, though
It's your decision, and you should make it on your own terms

>>12316122
huh, the chart made it look like there was more selling in the past 3-6 months than there was buying at any point in the last 12 months

>>12314806
what are these numbers i keep seeing without context? are they just from specific indexes?

>>12316145
oh wait, that is the case, theyre saying insider buying picked up in the last 3 months by a bit

>>12316160
they're talking about SPY, which is an ETF of the S&P 500

>>12315838
you're personifying them too much. crabs rip off their own arms at the slightest provocation. when you apply that to human standards thats excruciatingingly awful, but isnt the case for crabs. theyre also killed instantly

>>12315789
>>12315939
People retiring right when crashes happened get incredibly fucked, it's not like they have much of a choice, they simply have to keep working many times.

>>12316246
A good reason to increase your bond holdings as you approach retirement. The problem is fomo. People who cant afford to take risk shouldn't.

>>12316222
a dead human being ripped apart like that also wouldn't mean any suffering, but it would still be horrifying to watch. watching a body being ripped apart is horrible, or at least should be

>>12316515
watching animals eat a still alive animal is much worse. but its teh natural state of things. what we have is much more humane and preferable

>red day, down by $460
And let me guess, in two days there will be a bounce back again. Holy shit this volatility is kind of annoying for long-termers.

>>12315630
>doesnt trade on robinhood

AAPL fucked the market again with it's shitty iPhone.

>>12314993

Betting against Bill Gates?

https://markets.businessinsider.com/commodities/news/bill-gates-amyris-enters-health-sweetener-skincare-2018-12-1027839234