/biz/ - Business & Finance

MUSK IS A FAGGOT

SHORT TESLA

sorry sir but I only purchase memes

NIO

MOON

OR

CRASH

Seriously considering buying disney. Can they keep the marvel money machine printing?

>>13466746
name one chinese car brand that is succesful in the west

What's the meme stock of the week?

>>13466767
chinese cars too small for american bodies

I can't wait for a vol event to btfo all of the volatility shorts

>>13466790
I want to go long VIX, sort of,...
depends how we open Monday, then depending on that, how the rest of Monday/Early Tuesday go

If we open low VIX Monday I buy some calls

>>13466768
AMD

they're going to fill in the hole Intel left when they report earnings Tuesday

>>13466712
I'm unironically going 50% cash until February 2020

>>13466809
bought some vxxb the other day. I'll probably get assblasted, given that all the huge hedge funds are mega short vol right now, but its so fucking low I feel like its a good value

>>13466820
not even bonds?
not gold?
not bitcoin?
I like cash
I mean, I love cash, but cash is a short term position
hold cash on the weekly/monthly at max, for buying opportunities
don't hold cash for a year (IMO)

>>13466831
VXXB decays. It's precursor, VXX, split about every year or two.
so don't buy it just because it seems cheap: you have to buy it as a timing play/hedge, but with a specific (short) time period in mind, a couple weeks at absolute most.
That's why you might as well go really balls to the walls and buy options on things like VXXB, it's necessarily a timing play

>>13466864
>Bloomberg says Etrade is close to launching crypto with Bitcoin and Etherium
>trying to keep up with Robinhood

Is it time? Should I get some crypto? I just don’t trust this shit.

>>13466896
you shouldn't trust it, it's speculative
but you shouldn't necessarily trust anything else either (USD, equities, bonds)
If you go say, 2% - 5% crypto, maybe you'll make some money
just be sure to start selling out as it goes up, don't be too patient to sell out. I lean towards 2%. some in BTC/ETH, some in a small alt-coin. worse case you lose it all

Give me some clownworld stocks

>>13466916
HSY
SIRI
NSP
CONN
MERC
AMGN

>>13466916
LCI
GALT
NMM
YUMA

You guys are OK.

Don’t go to the Nikkei this week.

There are so many factors I have no idea what to pay attention to...
>Sell in may and go away?
>Low expectations on earnings keep leading to upside surprizes
>US businesses slowing in China
>China juicing the economy -> surging in China
>Retail investers FOMOing into the market as it breaks records
>Institutional investors on the sidelines until we get a trade deal confirmation
>If trade deal is well received, tutes likely flood in and economy races to new highs (ROCKETFUEL)
>if trade deal is poorly received... it's going to be real bad

FTSV. New groundbreaking Cancer drug. Famous Stanford oncology team. I’m doing you guys a favor.

So what's the plan for this week, lose money, or lose A LOT of money?

>>13467123
Going to need more words than that and some links as well

>>13467123
100% buy rating by 8 analysts.

I'll be watching, thanks anon

>>13467123
on 3rd clinical trial and a new price point set 30% higher than where the stock is currently. yeah, I'm in.

>>13467165
>>13467201
>muh analysts

analysts are wrong all the time, especially when it comes to biotechs where a seemingly promising stock can be completely demolished by bad clinical trial results

>on 3rd clinical trial
progressing to phase 3 doesn't mean the company will succeed in phase 3
what matters more than the stage of development a company is at is the actual results of the clinical trials

>After 5 days of having to watch call and put videos on youtube because I'm a retard
I know options

>>13467249
I'm not sure if he's shilling, sarcastic, or naive.
But Robinhood's analyst metric is super sketchy.
Check out any of those other pennies I posted?

>>13467255
I don't, post the good ones please.

>>13467265
start with the khan academy videos, the man essentially knows he's teaching to a brainlett like me and dumbs it down enough for me to keep up

>>13467249
a combination of these things is a good indicator the stock is going up

>progressing to phase 3 doesn't mean the company will succeed in phase 3
no shit

idk what has made you so cynical but take care of it

>>13467265
that analyst metric really is sketchy
it's only useful to the most clueless of normies who are just getting into investing (who are part of robinhood's target audience)

>Check out any of those other pennies I posted?
assuming you're >>13454105

>CPRX
I have this one on my personal watchlist of random small cap biotech stocks, but I don't actually know anything about it

>AMRN
this one is a wall street biotech darling
really good results in its clinical trials, but there are a lot more normies and boomers in it than you would see in most biotechs

>YTEN and ZYNE
don't know anything about these, but I notice ZYNE is going up a lot without a major catalyst
in general, you should avoid buying biotechs when they're going up on hype and try to buy in low when nothing is happening
don't know anything about ZYNE's long term prospects, but this short term action reeks of a pump and dump to me

>>13467289
If you aren't just messing with me, I really think you shouldn't mess with biotech
There are a lot of differences between clinical stage biotechs and most other stocks, it's easy to lose money on biotechs if you don't know what you're getting into

ex: all the people who bought into VSTM and LPTX without doing research of their own beforehand

Where my foodbros at? We hyped for the Kraft Heinz earnings Tuesday?

I got a great feeling even though I had a good feeling going into last quarter as well. I doubled down at $32 so my average buy is only $39.

>>13467347
oh thank you, yee who is all knowledgeable of thy market, for your unsolicited advice on trading biotech. how ever may I repay you?

is the market opened yet guys?

jfc I already sense a mass wave of normies because of the post showing a guy making 160k off of disney options

the market opens 9:30-4 normally I believe, but robinhood gold users can trade from 9 to 6

>>13467359
Kraft and other companies who are in the dumps (NWL, DF, etc.) usually don't just turn it around in one quarter. They're on a longer rebuilding period than that. There might be a small pump with earnings, but KHC is a multi-year investment from now on.

CAG did dump one quarter and pump the next, but that isn't the norm.


>>13467382
Hang Seng/Shanghai are open. Basically the Asian markets that aren't the Nikkei (which is closed all week for very special circumstances).
Europe it's almost 5 in the morning, so they'll open in 4 hours or so

>>13467397
leddit was a mistake

>>13467403
I don't think they are in the dumps. Earnings were still strong last quarter and all the bad news was immaterial financially. The write down in Oscar Meyer (wasn't buy the company for that garbage brand anyways), the cut of the dividend (saw it coming and wish they cut it more honestly to pay down debt faster), and the SEC inquiry which was already resolved. None of that is impacting their bottom line and it's all overblown.

All the bad news was priced in and the drop was a major overreaction. The core business model is still strong. And I like the business's they did decide to shop to help pay off the debt.

If it does take a while to recover I will just enjoy accumulating the cheapies and reinvesting the dividend.

>>13467397
>9:30-4
>normally
>I believe

hahahahahaha I'd take a bunch of reddit normies over a fucking retard in an stock market thread who is unsure when the fucking market opens lmao

this place is a fucking joke

>>13467440
>this place is a fucking joke
no shit and it's getting worse...

>>13467440
he sounded like he was unsure of normal hours because he always trades on robinhood gold

here isn't worse than other communities like wsb and yahoo finance

>>13467403
make the nasdaq/nyse open up im tired of waiting

>saying you don't know when you don't know is a bad thing
>Expressing uncertainty when you are uncertain is a bad thing

It's like you think everyone should be a conman
fucking normies I swear to god

>>13467440
it still cracks me up when people post times here that arnt in the only timesone that matters: EST

there is usually a bunch of salty westcoast and mountain time noobs in these threads

>>13467491
wish I lived in mountain time zone

time zone rankings by where I would want to live:

MTN > PST > CST > EST

EST has TN and the Carolinas, those are nice, never been to the northeast

one nice thing about PST and MTN is the market opens earlier in the morning

>>13467486
there's nothing wrong with not knowing something, but it lowers the quality of discussion when the thread is flooded with people asking questions about basic things, so I think some degree of elitism has a legitimate purpose here

>>13467491

>>13467460
It doesn't matter. the fact you are trading but dont even know when the markets open is mind boggling

>>13467522
>newfag trying to make himself look better by belittling someone else

>>13467551
>a tripfagging jannie trying to control the the thread by replying to everyone

>>13467620
>stating my opinion is trying to control the thread

>>13467620
Easy. Some of us are socially disabled and somewhat obsessive.

>>13467454
Thanks for making is so much better.
Also considered selling puts on LCI, why does the options market for it suck so hard

Thoughts on AMN for this week?

>>13467654
>why does the options market for it suck so hard
imo everyones wacking the bid

>>13467647
that wasnt an opinion, it was a statement.

how fucking old are you? serious question. youre in every general and post numerous times, i never read your shit but have just assumed you know your stuff but god damn im coming to the conclusion you're just another retarded teen faggot.

I mean...
>>13467347
>I really think you shouldn't mess with biotech.......ex: all the people who bought into VSTM and LPTX without doing research of their own beforehand

....

>CPRX. I have this one on my personal watchlist of random small cap biotech stocks, but I don't actually know anything about it

4chan is fucking gay as fuck. youre all LARPing faggots and I enjoy bullying you losers

>>13467691
>4chan is fucking gay as fuck. youre all LARPing faggots and I enjoy bullying you losers

>>13467701
it's pretty obvious he's just fishing for replies at this point, just ignore him

>>13467691
he a zoomer don't let him bother you too much

how old are you ? what kinds of things are you buying ?

Will YUMA keep pumping?

I want to get back in cheap but it's not dropping.

If I wanted to make $10 a day in profit, roughly how much money would I need to play with in order to do that?

This is so I can fund my weed and fried chicken addiction.

>>13467719
just get a job tyrone

>>13466764
I would own a shitload of Disney in a heartbeat. Disney is one of those buy and hold forever stocks because it isn't going anywhere. At the very least, buy some option calls for it this week. Avengers is absolutely huge. And Star Wars is on the distant horizon too so keep an eye out for that.

>>13467735
Ayy fuck you white boy

>>13467669
>mfw selling September 20th $15 puts

>>13467719
the issue isn't you not having enough money, it's the market/your performance not being so consistent that you can make a set amount every day

>>13467709
makes sense. im 28. I only trade options. I have calls on DIS, SIRI, HSY, and PFE right now. I'm selling my HSY tomorrow morning and DIS tomorrow afternoon. SIRI is going to go back up to $6 this month and I'm betting Pfizer will beat earnings projections

>limit buy triggered...

Oh shit shit shit shit I just bought some bitcoin and now my portfolio is moving a bunch even thought the market’s closed.

I think I just made my taxes unnecessarily difficult next year. And I just bought a speculative asset I don’t fully understand but find fascinating.

Tell me dr. /smg/, what’s the damage?

>already lost 14 cents
AAAAAAAAHHHHH

>>13467739
What’s stopping you?

>>13465954
> Inflation is "low" right now apparently
if one ignores the massive stock market growth and asset price inflation, to which the QE and bailouts contributed ever since 2007.

2000-202X should in history probably be treated as two decades that were lost, and one continuous economic zombie era in USA.

>>13467777
The robbery in plain sight, here. Tax payers paying for all of it. It's just a joke.

>>13467775
nothing. I do own Disney shares (though, I want more). I was just giving my opinion to the other anon.

>>13467359
Bull type feel

>>13467769
gotta be careful with all calls like that: as earnings season starts to wind down this week, the market could decide a direction. I don't know how secure your position is if we hit some turbulence

>>13467787
>robbery
if we play our cards right, zoomers will pay for it all in 100 years

>>13467818
>, zoomers will pay for it all in 100 years
or, unlike the current generation they wise up to the plan and then there's just a lot of meatbags hanging from lampposts. Communists and National-Socialists tend to share that attribute.

Which should I start trading, crypto or stocks?

Warren and Charlie are so cute :3

https://www.youtube.com/watch?v=5ioeNrmn4eY

>>13467777
Four same numbers!
Good post!

>>13467789
Oh. Same here. I also own disney and want more. This me:
>>13466647

>>13467787
>>13467818
>>13467831
I do not understand what this graph is trying to convey. Maybe I should just give up on understanding macroeconomics. Seems important though.

I'm fairly confident that boomers have things orchestrated perfectly so all the shit will hit the fan and bubbles will burst when they die.

Make no mistake X'ers, millenials, and zoomers: we're in for a bad time.

>>13467831
the populace lacks the strength of will to fight and kill
they'll sit on their couches right up until the moment that the supermarket shelves are empty. They won't have enough sugar in their blood to do anything but fester and die where they sit.
country has been 99% feminized, it will die the same slow pathetic death as every other country that emasculates itself

>>13467844
most of us got our start selling drugs. once you get a handle on that, the bond market and forex should be your next steps before you try and touch stocks or crypto

>>13467869
>I do not understand what this graph is trying to convey
do you understand what the concept of inflation means in the general, classical sense?

>>13467881
> inflation in the general, classical sense
classical: money supply growth (but the fed completely lost track of that in 80s)

>>13467741
bullish move.. do you hold till expiration?

>>13467881
I understand inflation to mean money buys less. Savers lose and spenders win.

y'all go look at Five Below (NASDAQ: FIVE) and read this

https://tradingnewsnow.com/2019/04/24/valuation-now-five-below-nasdaq-five/

TL;DR the stock is overvalued by 151%

seasoned traders, tell me what you think about it. It has flown under the radar HARD

>>13467932
so 'traditional' inflation that you learn about in a basic macroeconics class does mean that.
if there is more money in circulation (called the 'money supply'), but the same amount of resources, each unit of currency is worth less, so it takes more of it to buy the same amount of assets.

The federal reserve has a mandate from congress to keep money supply and asset prices stable, while keeping unemployment low.
But they realized a trick to get around this: if they print money and directly buy equities and other financial instruments, the money doesn't get out into the pedestrian money supply.
In this way, 'they' can increase the price of things like the S&P, through a quasi-inflation (an inflationary process), but the price of a loaf of bread doesn't increase as much.

does that kind of make sense? the money directly goes into financial assets, not 'real' assets. So it's a targeted inflation, to try and keep the financial system from collapsing, to try and keep pensions and municipalities afloat, etc.
No one knows the long term consequences, if it can be stopped or normalized, etc.

>>13467844
both

>>13467719
JUST I've seen the story behind this crazy bitch. There's no way she didn't know her company was a fraud. Look at those eyes!

>>13467967
>read this meaningless bot article

>>13467970
Interesting. I am curious what the consequences of this economic model will be in the future. Odd that other societies and ancient world economies didn't have something similar. Was gold backing the key difference?

>>13467975
>the numbers are pointless
this is why you'll fail at trading

>>13467971
I’d rather do one to start. Do you recommend one over the other? Crypto looks like it’s a pain in the ass having to figure out the “wallets” and taxes and all that fun stuff.

>>13468006
these articles are actually generated by bots
they consist solely of plugging numbers into a template regardless of context

>Based on the latest filings, there is 150.50% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

>>13467987
financialization of everything is a completely new concept, only a couple decades old.

inflation has only been around since currency was used that could be easily replicated, IE paper money. Even with paper money, if it is backed by a tangible asset (IE gold), then high inflation isn't really possible.
So 'normal' inflation as a concept is something that is only a couple hundred years old.
But quantitative easing (the inflation of just financial asset classes, but not normal consumer goods) is much newer, only a few decades old.

>>13468006
What he means is that is a bot-written article. There is a template and then a webscraper finds and fills in the details, a human glances over it, and it gets published on a website to generate ad revenue. Many such articles

>>13467970
> federal reserve has a mandate from congress to keep money supply stable
lost track of in the 80s
> asset prices stable
lost track of in 2007
> nominal interest rate policy
not working despite being at zero lower bound under Obama (so their argument is counterfactual: we avoided Great Depression)
> targeted inflation, to try and keep the financial system from collapsing, pensions and municipalities afloat
comes unironically at the expense of the future, mainly the taxpayers getting hollowed out.

trying to control emergent system like economy with extra-market institution just means that now the economic actors first have to buy the people in control of these institutions and then they might think of producing something real of which economic value can be extracted.

>>13468022
no shit. it compiles the numbers and makes it easy to digest and understand where the company is headed. the fact I have to explain this to you is mind boggling. do you only read articles that have fun words and colorful pictures?

>>13468024
and?

>tfw some 3rd world poo in the loo citizen
>wanna talk about stocks with /smg/

>>13468031
In fact, let's have some more fun and imagine /biz/ as a microcosm of our twisted economy.

how many of this board's users are interested in putting their capital towards investing in productive businesses?
everyone just wants to gamble and get rich.

Obviously outside of these threads it's mostly a crypto wasteland, but even within it's a bunch of kids who just want to trade options.
Very few are interested in actual economic activity, real production of value. Few even would understand what you mean if you told them that the purpose of financial markets in a healthy economy is to facilitate such investment.

>>13468058
Why, yes, I am European myself too.

>>13467970
That kind of makes sense but that sounds... I don’t have the right word for it

Isn’t the US always bashing state owned enterprise like Chinese steel manufacturing, Petrobras petroleum in Brazil, Venezuelan govt owning farms and power companies, etc.? If the govt is buying equities, however you slice it that’s govt ownership of the “private” sector, increasing overtime.

Jesus Christ these fucking baby boomers I swear to god

>>13468018
>Do you recommend one over the other?
I like stocks so i'd recommend stocks.

>>13468018
>Crypto looks like it’s a pain in the ass having to figure out the “wallets” and taxes and all that fun stuff.
it all becomes second nature

>>13468060
> investing in productive businesses
Classicals, real classicals like Ricardo and Say considered the link between saving - investment that of prime importance and economic engine. When you saved (by investing, these were the same thing to them) you deferred consumption so you could consume more in the future period (meaning: amount of items you could buy with money had grown, your purchasing power had grown, there had been deflationary effect through economic growth).

But Keynes subverted all of that: to Keynesian economics savings = hoarding = stuffing money into sock & Investing = investing into new productive capacity. Now you have 'deficit' appear here since according to Keynesians S doesn't match I. So the government has to come out and help investing, from which, terrible amount of terrible consequences follow, such as crowding out investing, replacing it with government intrusion funneling tax moneys to projects which were not explicitly chosen by saver-investors (in the Ricardian sense) in the first place and wealth is destroyed; now long term saving has been completely fucked by (forced) low interest rate policie , which is a huge opportunity cost we are going to pay as time goes on.

When one reads Keynesian economics or monetary economics, the psychological trauma caused by the irreducibility of Say's Law is the more or less implicit and explicit red line.

>>13468061
I'm not even European

>>13468133
>Keynesian economics
Forgot: it's not economics. It's political economy and mass psychology.

>>13468114
Do you day trade stocks or go long on them? The volatility of crypto makes big gains and loses possible. Stocks are definitely more safe and I wonder if day trading stocks is worth it. Seems like long term picks are better. Thanks for replying btw.

>>13468109
but the government isn't running the companies.
The federal reserve is 'just' injecting value into the market as a whole
technically it's a gray area because they have to chose which assets to buy, but if they buy the broad US market it's not the same as a state-run business

this all happened a decade ago
yes it is all baby boomers, and will only continue through the next 10-20 years to try and keep their pensions and social security afloat.
boomers are like pic related, but at the same time they are like the opposite of a cute anime girl. truly the worst creatures God ever brought to walk upon this earth

>>13468133
that's a lot of fancy terminology right there

>>13468114
How much money would you need to trade with in order to make easy 10$ profit a day. Im not looking for that much of an accurate answer just a rough idea of the risk involved.

>>13468148
>Do you day trade stocks or go long on them?
Depends.. I usually like longer time frames but sometimes when I see an opportunity in a stock for the day i'll make a day trade.

>The volatility of crypto makes big gains and loses possible
If you don't think stocks have crazy volatility then you haven't been around for long. If anything this past 6-8 months have been better for trading stocks than crypto. Pink sheets climb 300% a day all the time... options on bigger stocks can easily gain 100% in a day... Don't be fooled by those crypto traders saying that you can get bigger gains faster. Trading is trading.. crypto took off because it was new.. it's now trying to find an equilibrium. I fuck with crypto here and there.. but stocks/corporations make more sense to me.

to each their own

>>13468164
Thank you for the lesson.

Perhaps I really should get some physical gold and a gun at some point. They couldn’t just let the cycle of boom and bust continue naturally?

>>13466916
Long Blockchain, formerly known as Long Island Iced Tea

>>13468164
Classical economists
> Saving = Investment

Keynesians
> 1. Savings are leaks removed from economy.
> 2. Investment (funding) is given.
> Once investment drops, you have deficit appear in Keynesian aggregate accounts.
> Which justifies government and extra-market intrusion since market cannot match savings to investment (because: savings are defined as leaks away from economy)

>>13468169
<- annual yield vs amount needed to have 3650 gain per year

'easy' depends on you
if you need to ask a question like that, you probably won't have an easy time
I could tell you about current bond yield, expected stock market returns, but you should read the sticky first

>>13468212
It'll continue to boom and bust, but when it booms the numbers will be higher, and when it busts they'll be throwing your future money at banks and finance people trying to keep the ship afloat

>>13468169
>How much money would you need to trade with in order to make easy 10$ profit a day.
I haven't a clue... it all depends on how good you are. Do you think you can swing 10% a day? then you'll need $100.. Do you think you can swing 5% a day? then you'll need $200.. and so on..

If you make $20 in one day will you count that as $10 split between two days? then you just have to make $30 to be satisfied for the week? If so then you'll need to just make $50 in one day to satisfy your want/need for that weeks worth of $10 a day.

A lot of it has to do with % check the stock that you are interested in with trading.. does it make that % move everyday that you could catch the wave?

Check out what beta is on a stock..

>>13468225
Whats your average % growth per day and how long does it take you to finish trading for the day

>>13468247
>Whats your average % growth per day and how long does it take you to finish trading for the day
I don't trade every day.. I sometimes go 1-2 weeks without trading at all. There is such thing as over trading, I try to focus on 1-3 stocks and trade around them. Right now I'm really focused on LCI

>Whats your average % growth per day
hard to say.. there have been times i've made over 500% in a day and there have been times where I drop 30-40% in a day.. as long as I beat the market over the course of a few years i'm happy

>>13468220
I know it’ll still boom bust. But if the boom is being propped up by printing money straight into the S&P, feels like a bust could be pretty apocalyptic.

Not sure how it’d happen though.

>>13468286
So its between -50% and 500% gee thats helpful.

>>13468195
Thanks for explaining your thought process. I don’t disagree and no I haven’t traded stocks much just dabbled a very small amount over the years. Thanks again for the info.

>>13468058
I don't know much about the british stock system but I'm sure someone can help you

>>13468294
no one knows !
we're sort of hoping that we can find out by watching Japan or Europe collapse first, but it might all come down on top of itself.
Every developed nation has the same issue with elderly population (boomers) that we have right now, most have the same issues with debt, etc. Japan has much more debt. EU has comparable federal debt to the US, but oddly distributed (one central bank and currency, but then a bunch of governments with different economies)
You know about a thousand years ago, in Christendom, usury was seen as a sin... then some friendly merchants came along and the rest is history. Certain people intend to financialize everything.

>>13468301
if you want consistent, reliable gains, you have to 'pay a premium', basically you returns will be lower. more risk -> possibility for more reward, but less consistency.
for reliable returns, a 3% bond (for example) will result in an equivalent gain of 0.00822% per day. but the bond doesn't pay out every day, it pays out at the end of its term. So you'd have to be buying rolling 3month bonds (for example) to try and approximate that return.

>>13468301
Theres a story of 3 old guys at a fancy resort, they're all pretty wealthy men. Each man was asked if he ever beat the average yearly return on the stock market. The first guy says, yeah.. plenty of times... The second guy says, no.. i never beat the average yearly return.. The third guy goes.. I don't know... I don't care.. I'm here aren't I?

The point is.. it's not how much you are going to make a day.. it's about longevity. there are a lot of traders that hit it big in a 1-3 day span mainly because they got lucky.. but can they replicate it? Most of the time no they can't. I have a friend that turned 10k into 100k in a few months trading crypto at the start of the boom. Guess what.. he no longer has that 100k he still doesn't really know how to trade.. he had to go back to work after he thought he was "retired" and a master day trader.

So the point is.. I don't look at day to day.. I look at it over a longer period of time. What you are asking is strange, i'm not going to go back through my years of trading and calculate it all out for you to get an "daily average".. thats a fools errand imo..

>>13468353
since 10$ is peenuts money what if I traded on volatile stocks you would sell in the hour or within minutes? Is that possible?

>>13468371
>since 10$ is peenuts money what if I traded on volatile stocks you would sell in the hour or within minutes? Is that possible?
yes.. but you're gunna have to be good at it.. if you're coming into this expecting to hit a home run everyday you're gunna have a bad time...

>>13468390
alright thanks for info gonna start reading about this stuff.

>>13468344
I didn’t realize sceneryposter and cute anime girl poster were the same person.

I don’t know why, but I just don’t buy into the whole “it’s (((them))) who caused all of this!” Argument. Seems too simplistic and appeals to primitive tribalism. But I know I’ll get “I wonder who could be behind this post”ed so whatever. Maybe it’s the edgy teen who things religion and by extension religious affiliation is dumb.

If we’re all doing the same risky shit (EU, US, and Jap) and hoping we don’t collapse first, considering how massive and interdependent those economies are, seems natural to think they’d fall like dominos.

>>13468412
(Also, weren’t the knights templar the first banking institution?)

Futures looking fresh af

>>13468418
They definitely weren't the first, but they essentially had a racket going that closely resembles today's central banking. Basically they made a shitload of money doing stuff national governments couldn't do without pissing off the populace. They'd collect taxes+tithes, participate in foreign wars, and provide loans with interest. This led to them completely balling out of control and becoming a class of rootless cosmopolitans with more money than they knew what to do with. Europeans historically hate people who do that, and they all ended up getting killed or tortured. Also they were woke to the hermetic tradition, but that's a little bit of a secret.

It's my birthday what ETF should I purchase today.

>>13468560
You need China exposure.
Purchase YINN and YANG for maximum decay gains.

>>13467347
Everyone please remember that this is a literal faggot who enjoys putting his penis inside men's asses.

>>13468573
>implying he's not a virgin
I literally don't care if he helps me turn a profit.

I think my life would be better if that were my outlook more often.

>>13467111
Trump has surrendered, oil going down and markets up up up up

Anyone buying AT&T?

What calls should I be making Monday morning bros? I've lost $200 on bad calls this month, I need to make my lunch $ back.

>>13468964
DIS, TGT, UNH, ANTM, PFE, and MRK are what I'm looking at
I'm also looking at TIDDIES
:^)

>>13469064
What strike for mrk, anthem and tgt?

>>13469103
I don’t do options, but those are the ones I’d be looking at. Seems like target got punished too harshly on friday, I expect it to bounce back a bit, probably not the whole 5% drop, not sure. Haven’t been reading the amazon coverage this weekend, so maybe I’m mistaken.

>>13468964
TQQQ. Google (alphabet) earnings after the bell. Ride or die.

>>13468964
AMD puts.

>>13469195
What makes you think that and will tank?

futures light red
tradingview and CNN put the VIX at 13.2 right now

>>13469195
I've got AMD calls

May the odds be ever in your favor, nigger

>TPNL delisted from robinhood
What the fuck? They can just do that without notice?

>>13468947
yes

>>13470091
https://www.youtube.com/watch?v=mv_ylVWNVWo&ab_channel=TheFinancialReview

Threadly reminder this contract expired below the price anon bought it at, and it was never more profitable than when screen was taken

What's the best way to find the best online brokers both for my domestic markets and US/euro/Japanese market?

I'm from NZ and I just can't find anywhere online that shows a simple comparison of what's available. What's the best way to go about finding the best without being scammed.

are you guys daytradining or anybody just building a portfolio for passive dividends?
ETF or stockpicking?

>>13470290
https://www.benzinga.com/money/stockbrokers-new-zealand/
https://brokernotes.co/new-zealand/
https://www.nzx.com/services/market-participants/find-a-participant

signs point towards Interactive Brokers (not NZ specific, it's an international firm)
I don't use it but I think some people in these threads do

also consider https://www.directbroking.co.nz/DirectTrade/static/home.aspx

>

>>13470337
>>13470290
I'm not seeing NZ prices on the Interactive Brokers list, but it should be available:
https://www.interactivebrokers.com/en/index.php?f=7021

You can probably contact them and ask how much they want for NZX trades

Fees at FNZC (the directbroking webpage) look pretty steep IMO, if the interactive brokers fees are the same as they are for AUS it is probably a better choice, and will allow more international market coverage, which is what you mentioned

Taking short here, if it breaks through then going long

>>13470017
>asking 4channel before asking google

>>13470394

>>13470359
?
I feel like that chart is trying to anticipate an upside that the fundamentals can't support

trying to say we're about to have another 2017

ya I don't see it happening. can't trust the chart

>>13470405
This is any financial instrument during parabolic movement chart you idiot. It's not just "stock market".

>>13470413
yes but it's the stock market in 2019, unironically. we're on borrowed time and flying by the seat of our pants. the only thing keeping the economy afloat is sheer willpower.

I think AMD earnings are going to be shit and the stock price will tank then recover in a couple days time.

>>13470422
>sheer willpower
That's all that has ever kept the economy afloat. It's what separates us from the niggers. Planet Amazon is upon us. Baldy will carry me into tomorrow on the golden bull. I wish I could take you with me.

>>13470442
I'll take a guess that their earnings will be in-line, and they won't lower guidance as much as Intel. Which is (I assume) what Wall Street expects as well, so not too much price movement.

>>13470422
the first chart you posted shows all indicators moving the way they were in late 2016, into 2017. If you're in a cautious mood, which I agree in, did you see that in the chart you posted or is there something bearish in that chart I'm not seeing?

>>13470471
amazon is fine. they sell goods and services and will always be in demand since they're already the bottom line in cost. the mortgage bubble, auto bubble, revolving/personal debt bubble, and student loan bubble are not fine. middle class is going to change big time over the next decade.

>>13470477
just that it's all a fucking joke. I work for a major mortgage lender so I see the real life aspect. prices are out of control fueled by boomer greed and the solution is looser credit guidelines and bigger loan programs to keep up with runaway prices, also non-banks serving them up because real banks are losing their appetite for such risk. the younger gen will never, ever be able to afford to buy boomer mcmansions when they want to retire, there will be a harsh snap back in that respect. most americans are poor so most housing needs to be affordable. bay area and the like will probably implode when the employees get offshored, and take the rest of the market with them.

Are there any good stock broker phone apps? Sick of having to go in browser if I'm out and about

>premarket: Dis and Tgt moves like I thought they would

Why am I such a pussy? I should’ve just set the limit orders and slept through all this.

>>13470539
I was just curious because you post bearish sentiment, with a chart that shows (as far as I can see) bullish indicators

I think housing markets are already correcting/starting to correct in super expensive places. This will be a more gentle of a correction than 2008, and don't expect too much price movement outside of major cities.

if you can give a hint about geographically where you are and what you're seeing in terms of
>looser credit guidelines and bigger loan programs
it would be interesting. If you cna't disclose anything I understand.

I don't agree that cheaper housing will necessarily just happen the way young people want, because they need it. The big boomer houses (500K+) will lose value, but smaller houses is cities and suburbs will continue to be in demand. But the solution for millennial seems to be to keep most of them in apartments (the ones who aren't in their parents' houses).

>>13470589
>>13470539
Ah, one of my sentences isn't exactly clear.
I meant "I don't agree that cheaper housing will necessarily just happen the way young people want, -just- because they need it."
as a response to
>most americans are poor so most housing needs to be affordable

That's like saying education, transportation, and healthcare need to be affordable. Well it's easy to say but it isn't just going to happen. People's standards for these things have been inflated, you can't have all of these things, on the scale Americans are used them at, for cheap.
If you take low-tiered options for them (used car, community college, apartment or small house outside of cities, etc.) it's affordable. But people would rather have mid-tier or high tier options and then complain (IMO)

lets get a nice clean Golden Bull run today

>>13470634
>If you take low-tiered options for them (used car, community college, apartment or small house outside of cities, etc.) it's affordable.
Maybe if Lors Angleors weren’t such a great sprawling mess, that’d be true. But you’ve gotta get a real roach infested shack right with constant highway noise to find something that doesn’t cost your whole paycheck every month.

I guess that’s the low end option. At least, when you have 7 families in the apt next door, you get good street food from the tamale vendors.

my cock is fully erect waiting for tsla to keep getting destroyed.

>>13470589
i see every market, it's national lender. and I see detailed borrower income/asset/credit documentation and I can tell you the average person is living hand to mouth at the mercy of their monthly obligations. rural/flyover markets are pretty stable. 2008 was caused by fraud which is gone now, so that won't happen again, but the prices have far out paced what people can reasonably pay in the long run. everyone thinks it's 2006 again and they're automatic millionaires. but non-banks are the real risk:
https://www.marketwatch.com/story/these-risk-taking-mortgage-lenders-could-trigger-the-next-housing-crisis-2019-04-09

prices are not reflective of the income gap. these boomers will only be able to sell to each other at the inflated prices since 30yo mandy and rosa, millennials who work at a colored pencil sharpening factory, can't qualify for a $800k mortgage, even from a shady non-bank. so high tier housing will be pretty stable as it has been, but everything else will need to correct since there won't be any buyers when the hype dies off. if they don't, people will simply leave to a new market with lower prices, something boomers would never consider.

>buying the Disney high
I’m gonna get wrecked today I just know it

i suppose smg has already piled in intel after -9% closing...

>>13470697
you still probably have a week or two of endgame hype

>>13470697
even if bullish on disney, its 3 deviations above the monthly bollinger, this is really bad entry

>>13470701
the -9% doesn't even get it back to 'fair' book value. Semi's were booming so hard, that drop doesn't make INTC a cheapy.

>>13470687
I hope people continue to move away from the expensive markets. I think the current trajectory is for millennial to live in apartment/parent's house for a while longer. They won't all need houses the same way boomers all needed houses. The millenials who do want and can afford housing will slowly trickle into the markets.
I read an article a week or two ago about how a lot of home refinancing debt from a decade ago is still on the books, it'll take me a while to find it.

So in response to that article you posted, why is it a problem if the non-bank lenders lose profit or even go bankrupt?
the loan itself is still a real thing, on the books, and can just be serviced by another party. I don't see where the risk to the economy comes in.
The article is written by someone who works for one of these loan-servicing businesses, it seems like he is basically saying 'hey banks, help us by lending us money cheaper while we take your business'. And then he asks for government subsidies (from what I can tell)

forgot to check if I had day trades left and it seems that was not the case...

Should I sit with 700 YUMA shares at .35 until Thursday? Or should I take the 90 days ban?

Yuma has been pretty stable the last few weeks don't think it will plummet.

>>13470802
Also, is it 100% certain that if I do the 4th day trade I'll get banned from robinhood? Or is there a chance it'll go unnoticed.

GIVE YOUR ENERGY TO SPY \o/

>>13470807
>Also, is it 100% certain that if I do the 4th day trade I'll get banned from robinhood
why

>>13470821
because if there is a chance I wont get banned I'll take it.

>>13470758
large banks can easily weather harsh economic conditions since they have customer deposits and and many revenue streams. non-banks do not have that luxury and could topple if the economy and interest rates starts to constrict on them - they aren't too big to fail. the non-banks used to get their credit from the larger banks but that seems to be changing and funding is harder to do on jumbo mortgages (greater than $420k loan amount) and they are using non-traditional sources of credit like private investors.

long story short, they're not too big to fail like the banks were

INUV

who here /NBRV/?

Better get my approval

>>13470818

>>13470717
I didn't know Bollinger's Bands, looks like it's just SMA with a std deviation, neat!

And yeah, you're right, I just lost a pile of monies, even worse that I thought I didn't do limit order on RH. Whoops, so I bought twice as much as I meant to. Using RH and a real broker is getting confusing.

I just gave back a lot of the gains I made in Disney, feels bad bros.

>>13470834
yeah. So I don't see how they are a threat to the economy or 'could trigger the next housing crisis'. That's just a headline that the pajeet who wrote the article used. Then he uses the article to say that banks and the government should provide liquidity to companies like the one he is CEO of.

So he is using the empty threat of a housing crisis, just because it is a meme that still weighs on the boomer's minds, to demand that people loan easy money to him so they can continue to profit.
While he is stealing the mortgage business from traditional banks, he asks that they be required to lend him money cheaper. THEN he says the government should get involved with pumping money into his shoddy mortgage business, which he even admits in the article moves us CLOSER to a 2008 situation, where FM&FM are securitizing more and more loans. It's extremely sleazy. Makes me glad that I got my mortgage through a traditional bank.

>>13470896
45% of mortgages are now non-banks. if they hit a speed bump lending will effectively stop and slow down the whole market and likely trigger a panic. then people will come to their senses in the panic and realize how insane the market is.

>>13470888
bollingers are the only indicator worth using in my humble opinion

been using the monthlys for years exclusively and have have backtested since 1930s, it never fails

Recent good news about Fannie Mae & Freddie Mac... looks like Trump is serious about taking them out of government hands...these companies manage trillions of dollars worth of assets... the ultimate cheapies trading at sub-$3 right now because they fucked up and got bailed out during the 2008 financial crises...

$FNMA
$FMCC

>>13470915
The CFPB or other government agency should be stepping in to limit the amount of mortgages that these non-banks are allowed to service.
But even if they fail, I think everything gets re-packaged and sold to existing, non-failed loan servicers.

Banks will still be there to loan people money even if all these non-banks implode, I don't see where the greater risk is for the real estate market.

>>13470932
Hmmmm
Don't know what to think about this one

>>13470923
be careful with basic technicals you are easily looking having curve fitting bias. like you see most common and simplistic moving average / rsi representations on daily level in media where they have fitted the indicator to past data, these are not forward tradeable really. also since 2000 market dynamics changed you could not systemically trend follow anymore indecies, then after 2008 market dynamics changed again to quicker and adaptive that is why both hedgies and ctas are having hard time

>>13470923
Make sure any backtest is causal (only uses data before that point in time) and define failure as a next candle before outside of the previous BB, not the current one. Any one month drop > 1 std should break the BB which I am sure has happened in the past at least once.

>>13470946
CFPB manages complaints, the OCC and FHFA/GSEs would probably be the correct governing bodies, but non-banks are now "unregulated"

>>13470946
I picked up ~40,000 FNMA at nearly 50 cents... 10 YEARS AGO...
It's like getting lost at sea and finally seeing land...

If they go private and raise new capital I could see it shooting up to $20-30+ or it could go back to $60 pre-2008 levels.

I'm bagholding simply because this could be my lucky shot of being a millionaire. I'm having to constantly remind myself that if you act early, you pre-empt everyone acting on the good news hitting the newspapers and by then it will be too late to jump in...

Remember everyone knew that $DIS was releasing a streaming service 1-3 months ago... anyone with half a brain knew DIS was going to kill it... yet some people were still left out...

OK this is the TSLA bounce to get back inside the descending wedge.
I'm still thinking a price under 230 is where it will settle to.

careful not to buy in too quickly, it should crab softly downward for a week (ex-market)

>>13470975
https://www.consumerfinance.gov/policy-compliance/rulemaking/final-rules/code-federal-regulations/
https://www.consumerfinance.gov/policy-compliance/rulemaking/

and if you want the Obama propaganda:
https://obamawhitehouse.archives.gov/blog/2012/01/04/consumer-financial-protection-bureau-101-why-we-need-consumer-watchdog

There is even a section in that webpage specifically about regulating non-bank financial institutions.

>>13471004
still the CFPB would only manage customer complaints for the non-banks in theory, they just want the authority to do that. OCC would manage the actual operational regulations of the bank itself.

hey/baka/ i think i may have found an exploit that could be an infinite well of money. I've been buying and selling calls of an obscure stock that expire in a few weeks; the volume is so low (robinhood always warns me that im the only buyer) that whenever I buy 20 shares at .02, the value goes up to .03. The stock has been staying pretty steady, and seems like there's barely enough interest to sustain this, but I've managed to buy and sell around 25 calls at a time to make a small profit every day. Is this kind of thing normal with options trading, or have I stumbled onto a miracle

>>13470951
I dont a see a possibly for it not to continue working, it already worked again in december and 2015. any indice cant drop below the monthly without a large bounce its just not possible, ok 99.5%

>>13470954
the only time it didnt seem to work was the nasdaq in 2008 but it actually did if zoom in and was a case of it dropping back the final week of the month

>>13471034
remember me in a year when you're heading to Hawaii on your yacht, neet-chan

>>13471023
Maybe, sounds like you're in the field so you would know better than me. But just from reading the webpages, the OCC just regulates banks, so regulating non-bank lenders would fall outside their jurisdiction.
Oh well. I got my mortgage back when rates were really good. Hope all these zoomers don't get left out in the cold

>>13471034
Give stock pls.

>>13471034
How much have you made by doing this so far? $20 each day? Has it ever failed you?

THANKS FOR THE STOCK TIP ROBINHOOD!

>>13471065
I'm worried if I give the stock it will ruin this system I've got going... Unless someone who know options better than me could explain otherwise

>>13471075
I just checked and I've made $125 so far, but I've been buying more than selling and am still holding a lot of the calls so if I sold everything I would make $450

>>13471034
I don't understand. How are you selling if you're the only buyer?

20% SDY
20% SPLV
20% IEF
50% TQQQ
Use options to trim and grow your TQQQ position
find a flaw

Wow, I just JUSTed myself! I forgot how tricky extended hours trading is.

I don't deserve qt anime girls today

>>13470923
thanks! I'll start playing around with them.

>>13471121
* 10% IEF

Another good day in penny land friendos.

>>13471122
THEY JUST KEEP SELLING DISNEY!?

They keep buying GDOT though? Interesting...

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

FDP potentially starting its golden bull run
just a little more for gap up

>can't invest until end of may
y-you guys think it's too late to hop on the QQQ train?

>>13471179
>Banana republic

>>13471118
The stock is pretty unassuming, and it just seems like there's not much of a volume of peoole trading It right now. The people buying from me probably also get the (you're the only buyer) message. But I'm also not 100% sure how it all works

>>13471122

NAO

this a buy?

>>13471184
No, you should max out on QQQ OTM calls that expire in a week.

>>13471293
i lost a fuckton on crypto FOMOing in so i've been playing super safe with stonks. obviously beat the market in 2018 but this year playing safe has just been a lot of missed gains and i'm starting to get greedy...

>>13470923
They are extremely powerful indicators. the BB rabbit hole goes very deep

>>13471112
>>13471084
Can you tell how you found it or what sector? Market cap?

>>13471302
33% TQQQ
33% SPLV
33% SDY
Just make sure to keep it balanced

What's the best legitimate broker for day trading and swing trading, if I'm from EU?

I'm trading Stocks, Indexes, Forex.. but there's a very limited edition with my broker (XM). You can't just buy some penny stock for example or do calls/puts.

Which broker offers for EU people a lot of things, while having commisions low?

>>13471352
I guess Degiro if you are from one of the supported countries.Havent used it since mine isnt, but the commissions seem pretty cheap. Or you can just use Interactive Brokers. It requires you to do a 100 trades before you can do penny memes though.

>>13471352
brokers that offer cfds then

>>13471331
>TQQQ
s-so much leverage owo. 3x etf scare me.
what's wrong with going equal parts SPY and QQQ or maybe a 2x on the qqq like a greedy bastard?

>>13471179

got a dangerous idea creeping around in my head: shorting GOOGL into these earnings
building my case now

>>13471400
i wouldnt necessarily pile at ath levels 3x qqq but that is just me :)

>>13471400
Because you just keep it a smaller %
instead of looking at it as a way to get 3X the returns of the QQQ you look at it as investing 1/3 the capital to get the same returns while keeping the rest in low volatility and income investments so you can buy the dips

>>13471416
i'm just afraid of decay as well. i want to go normal QQQ but afraid of being greedy and too dumb to hedge

>>13471400

I just went in for 1,000 shares and did a buy/write for the friday expiry. Come on in anon. The water's fine.

>>13471426
that just means you don't understand the way that the daily leverage works
if the market crabs you lose. if it goes down continually you really lose, more than 3x because of compounding
you only make nice gains if there is a continuous, uninterrupted uptrend (in this case you can make more than 3x, because the leverage compounds).

>tfw making poor decisions
B-but Revengers:Redeath of Marvel blew past the predictions... no one thought it’d hit 1.2 bills!

Ugh it hurts.
They’ve gotta secure the rest of hulu and announce a great deal or I’m effed.

>>13471433
pdt until may 31 so i can't even buy yet. just afraid of another tech bubble
uber better not fuck us all

>>13471426
>>13471448
i can't hold 3x lev long term though because it'll decay won't it? tqqq is still worth less than ATH even though qqq is at it's high
i read somewhere that 1.5x and 2x funds are the most efficient long term holding, but i didn't really look too into it

Looks like I'm done feeling the BERN. NVTA is back up almost 4 percent and this is one of my biggest positions. Also waiting for NBRV to have their FDA approval so I can catch the top.

Today is a good day.

looks like retail longs are BACK on the menu!!

>>13471428
>>13471448
>>13471495
decay is not a problem if you invest new money which is why you have the other 66% in very conservative funds

>>13471525
oops

>>13471495
>i read somewhere that 1.5x and 2x funds are the most efficient long term holding,
I agree you shouldn't just park money in a 3X fund you need to trim it when it gets to big and reinvest when it gets to small of a %

>>13471538
Yeah... no shit... it's such a relaxing activity... driving out... physically picking stuff you need... and whatever else you happen to see... plopping it into your cart.... then going home with all your stuff in the trunk of your car...

a million times better than autistic clicking on images on the internet and receiving them the next day...

LOTS of buyable dips in healthcare this morning!

I bought Disney premarket instead. Because I am a certifiable retard.

>this Boeing press conference
BRUTAL
British reporter lady stands up and “have you considered resigning, because of, you know, all the people dying and shits so bad and it’s under your watch”
He does not look happy

>>13471586
imagine being this much of an npc

>>13471593
Boeing just needs to make a rule niggers can’t fly their planes. Stock would skyrocket

>>13471586
I prefer the autistic clicking on images :p

>>13471601
he always sarcasm posts like that

Yes I bought HEXO on 4/20, what made you notice?

>>13467347
>LPTX without doing research of their own beforehand
LEAPERS UP 5% GIT SUM

>>13471538
dropshippers have ruined the EZ online buy experience, now like 10% of an order is going to be used or a cheap chinese knockoff

its much easier to buy from best buy, especially if you get an defective part

>>13471601
>>13471607
Man I work on a computer screen all day... last thing I want to do when I get home is sit in front of another screen...
This is why I don't watch TV... I just fucking hate the passive mindless attention...
Try shopping for leisure for stuff YOU WANT.. no joke it's a relaxing meditative practice... this is why women like it

>>13471619
Awwww yeah. Did a little trimming and we’re still climbing.

Also, pendy was one of those folks who bet on VSTM as well, but got out after the catalyst flopped, can’t take him too seriously.

pumpe et arkk lady

>>13471625
I don't know dude, I kind of like how flooded american online retail has gotten with cheap chinese shit. Basically all the clothes and small electronics I've bought for the last few years have been from those generic chink brands on amazon with nonsense names, they're pretty good tee bee aech

>>13471659
The thing about Elon Musk is this,
fuck him.

Bought 50 GE shares. Meh

>>13471678
>tfw TSLA singlehandedly constitutes a fifth of my losses
why can't i just be his boimaid?

>>13470017
>PAYS drops 10% this morning when retards forget it was changing ticker symbols
>back at 0%
>I bought $0

The long term S&P chart looks frothy. Thinking I’ll let my emotions get the best of me and move my 401K to money market for a while. What does SMG say?

>>13471625
I've had nothing but luck with Amazon warehouse deals.
+ Ebay for photography stuff

Amazon warehouse deals is basically perfectly good appliances and stuff like that for 20%-50% off.

>>13471669
In retail store you pay more for stuff made in the exact same factories, nah?

>>13471633
I don't shop for fun. If I need something, I search, buy it, and receive it
I don't watch TV either, but I could probably live better if I used a PC less around the house... been doing some minor woodworking recently

>>13471711
full sell? nah, just go 75/25 if you've got cold feet

I put money in SENS specififically only because they make products for diabetics and people gonna need more of this so they can keep eating unhealthy. Already up more than any stocks I did more research on...

>>13471694
Why would you not sell into earnings? Inliterally bought in right before and cash when it pumped 10 bucks. Anyone with a brain knew their earning would be abysmal

His looks sustainable, right?

>>13471694
He doesn’t care about any of us, he got his anime waifu and isn’t funding the good shot we need. It’s just rockets and robot cars.

Fuck Elon.

>>13471714
>In retail store you pay more for stuff made in the exact same factories, nah?
Yeah I'm sure they're all made in the same facilities in Shenzhen, I think it's called white-labelling. There isn't really a reason to get them from a retail store, I should probably be trying to get them direct from Aliexpress but fuck month long shipping times.

Alright, guys. I finally researched and put together my well diversified and defensive dividend portfolio of 31 stocks. The average starting yield is 3.2%. Is that decent enough for an income investor?

>>13471799
Lot of factors can go into it. Not like I'm an expert. But how do you have your stocks split?

>>13471799
Div growth> current yield

Tesla bonds are yielding 8.3% on a coupon of 5.3%. Should I buy and hold until they mature in 2025?

>>13471799
look into the companies and how they've grown their dividend over the years and if they've cut, halted or didn't increase their dividend.

CAGR, future growth, future P/E, FFO for REITs and other things are important.

Let me see if I did this correctly...

Bought 1,000 shares of TQQQ at $67.40 entry.

Wrote 10 Each Friday Calls at the $70.50 Strike Price for a $0.40 premium received.

Bought-to-Open 5 Each Friday Calls for $1.40 premium paid.

I am betting we will continue to raise throughout the week but not to the point where the $70.50 Strike Call I wrote will be ITM.

What kind of anal destruction have I set myself up for this morning, /smg/?

AMRS has a nice dip after apparently making a big hit to their debt, which means any BK fears are now about officially dead.

I would consider getting in pretty heavy.

>>13472016
hope apple and google earnings don't fuck you

Mornin /smg/!

So the only forms of investments I really dabble with are stocks, dividends, and crypto on weekends when I'm bored. What are some other good investments I should familiarize myself with? Don't really know much about bonds, know a little about mutual funds, but that's all I really know

Which one?

>>13472132
For someone with your level of knowledge I would suggest binary options. It couldn't be any simpler.

>>13466778
This. Chinese cars are literal knockoffs of American cars but American cars are also too small for American bodies.

looks like RH added more in-depth charts for the desktop user.

Looking forward to playing around with this, hopefully lose some more money

>>13472028
https://finance.yahoo.com/news/amyris-announces-closing-34-million-123000798.html?.tsrc=rss

what's happening here exactly?

>>13472028
>>13472206
People still touch this literal trash? Fucking kek

Is this guy a scammer or does he know what he's talking about? (Not this particular video)

https://youtu.be/5vfDBBHSbb0

PFE Fixing to moon hard tomorrow hope you bought some calls
I keep telling people what to buy here and no one is listening

>>13472188
just use tradingview

>>13472346
not even gonna give that video a view
if he could make 2% a day he wouldn't be making Youtube videos, he'd be on a yacht somewhere

>>13472357
i don't know how to do options but thanks

GALT. Taking profits and shorts having a field day? I guess if you want to be in you already were so few buyers.

Seems fucked up to short a healthcare stock during a money raising rights offering. But expected.

>>13472346
https://youtu.be/PbbsNsdwjLM

Look at the comments for the multiple timestamps when he's asked a simple question and weasels his way out of it.

I doubled down on Galt. Time for y'all to short

>>13472386
Do you know any good youtubers that are not scam artists?

>>13472379

You buy low and sell high, duh.

>>13472414
Chef Jack Scalfini

Naked calls and dividends for your friends

>>13472414
Depends on what you're looking for. What are you lookin for exactly?

>>13472420
What?

>>13472391
I have a ton in it and am sitting on what I need for the RO. It's like the ugly duckling of the Nash stocks and yet easily the most promising.

>>13472357
I bought a put, looks like a shitty stock. Ezzz

>>13472443
A good trader. I want to learn the basics before breaking out the textbooks.

>>13471778
>Fuck Elon.

How dare you.

ARK mommy will be on CNBC soon to discuss $4000 TSLA price target

>>13471659
Did she already appear on cnbc?

thought it was about to start

WHY IS DISNEY GOING DOWN

How high can fb stock go? This rally has been beautiful.

$4000 PRICE TARGET!

Is she insane or correct? She has a large 1b+ ETF

>>13472661
Call me a traditionalist but I believe the in order for a company to be successful it must figure out a way to profit from its investments. TSLA going to 0

>>13472661
It will happen during the gigabull

>>13472634
everyone quit giving a shit after Avengers ended

>>13472661
Look at her. She oozes insanity.

>>13472661
Well idk anon let's see
>The $2.15 billion in finished goods inventory Tesla carried as of the end of March was up 36 percent from the end of last year and up 91 percent from a year ago. In a regulatory filing, the company blamed the increase on the longer time it takes to deliver Model 3s outside North America.
It's a growth company still unable to make money while inventory is piling up, gee what could go wrong. Been shorting Tesla today for nice money

>>13472357
Oof. Earnings play on a stock I haven’t been following... why haven’t they come back from the Bernie blues like the rest of them? Something I should know?

Oh shit it just triple dipped and triggered my trap card. Well I’m in it now, let’s go big pharma!

thoughts on apple?

>>13472725
Bristol Myers I 20% of my portfolio I believe in BMY a lot. BMY had ER last week and they grew profits on major products. Thing is, Pfeizer has joint production on some of these products that showed profits for BMY. Can't go wrong if you know half of puzzle hehehe

>>13466916
FUN

>>13472382
I'm not seeing any significant short interest, where are you seeing that?

>>13472830
>>13472830
>>13472830
>>13472830
>>13472830

New Thread
Google rising into earnings
GALT down : (

>>13472482
I have a list of resources I've put together over the years that I've used when I was a scrub. I always recommend them to newbies, check em out:

https://www.investopedia.com/university/stocks/

^ Full site can teach you everything you need to know about the market from 0 knowledge, with tutorials: https://www.investopedia.com/university/

Best place for 24/7 news on the markets: https://www.wsj.com/news/markets
(If WSJ needs paid subscription, a good free alternative is: https://www.marketwatch.com/ )
See also: https://www.investing.com/ , https://www.fool.com/

Best place to learn how to read charts and use technical analysis from no knowledge: http://stockcharts.com/school/doku.php?id=chart_school

----------
Youtube Channels:

https://www.youtube.com/user/FidelityInvestments/playlists
https://www.youtube.com/user/YourTradingCoach/playlists
https://www.youtube.com/user/tradersfly/playlists
https://www.youtube.com/channel/UCFLJzFo4dMSN3NZQ9O50FRQ/videos
^ Good YT chans for video basics on trading


https://www.youtube.com/channel/UCK-aOjEvZNJl3HINja0gAiQ/videos
^ For more advanced technical strategies

https://www.youtube.com/user/TraderUserGroup/videos
^ Weekly market round ups

https://www.youtube.com/user/DaytradeWarrior/playlists
^ A lot of day trading knowledge, but also much knowledge that can be applied to non-day traders as well, Warrior Trading channel has taught me a lot about technical market terms and aspects

https://www.youtube.com/user/madaztrader/featured
^ Mainly day trading strats

https://www.youtube.com/channel/UC8gjB1PSXv_oAUSAQ16S0fA/videos
https://www.youtube.com/channel/UCnMn36GT_H0X-w5_ckLtlgQ/videos
https://www.youtube.com/channel/UCVJalJNQWimC2zWrIHR_bSQ/videos
https://www.youtube.com/channel/UCp6aBHRM6ZS_kLeC57HV4kg
https://www.youtube.com/channel/UCLJiSMXJ9K-1AOTqIqdXJgQ
^General market and investing knowledge channels
----------

/smg/ how can i realistically become a day trader?
>be me
>unemployed for 4 months now
>manage to scrape by spending 8 hours each day looking at charts
>Return on my $2300 about $30 a day
>earning less than minimum wage at $4/hour
seriously after going through the numbers on this it seems my hopes of never working again was pipedream

Also eyeing GALT, VKTX, APHA, GMO, GBT, and TSN at these levels.

>>13472768
This reads like a troll post, but I’ll take it. It feels very cheap at these levels.

>>13472842
>https://www.youtube.com/user/DaytradeWarrior/playlists

>https://www.youtube.com/user/madaztrader/featured

nice will check this out

>>13472851
If you're making $30 a day off of 2300 consistently, that's 1.3%.
Starting with 2300, in one year (~250 trading days), you will be up to just under 60K if you can really make that amount every day.
After 2 years, 1.5 million
that's pretty good, those are extremely enviable returns for 8 man-hours a day


Also : new thread
>>13472830
>>13472830
>>13472830
>>13472830

>>13472724
The Ark model is based on robo-taxis

>>13472842
Much appreciated mate, cheers

>>13472903
That being said it's extremely unrealistic to achieve that