/biz/ - Business & Finance

I’m ready for Monday already

Therefore, if you be risen with Christ, seek the things that are above; where Christ is sitting at the right hand of God:
Mind the things that are above, not the things that are upon the earth.
For you are dead; and your life is hid with Christ in God.
When Christ shall appear, who is your life, then you also shall appear with him in glory.
...
Bearing with one another, and forgiving one another, if any have a complaint against another: even as the Lord hath forgiven you, so do you also.
But above all these things have charity, which is the bond of perfection:
And let the peace of Christ rejoice in your hearts, wherein also you are called in one body: and be ye thankful.

>Therefore, if you be risen with Christ
thank you for your service, but as a Jew I must refrain from enjoying any of this....

Is everyone ready for all the damage control excuses for why MUH CONSUMER isn't spending as much and Black Friday falls under expectations?

>>16409817
Pls no. Muh Shopify long.

>>16409817
are you seriously this bad?

>>16409817
this graph was written 2 months ago... that was in august....

Imagine going to college for finances or reading gay books about stock trading when black magic and fortune-telling works just as well.

>>16409817
>only 0.3% """growth""" in retail
>only propped up because of auto-related expenses, gasoline, and food
>all other non-essential discretionary product sales down
>even food services down
Holy shit

>>16409817
I think it's because the deals aren't that great.
I only wanted some cheap 2TB SSDs but they aren't any cheaper than they were on Prime Day, months ago.
On the other hand, people still will feel the need to buy the requisite amount of plastic crap that they do every year.
So it might be OK consumption levels even if Black Friday sales are soft.

>>16409830
obviously Black Friday weekend sales numbers aren't out yet...
anon wasn't trying to claim that they were.
You don't become /smg/ material unless you're speculating before the news. If you just wait for the numbers to come out and react to them, you'll never beat

>>16409841
i happend to be part of that club

>>16409830
It's the October retail report, came out just a week ago or so

>>16409839
Yeah. No worries they'll just charge to their 29.99% APR Target/Walmart credit card even though they still haven't even paid off principal from last holiday season

>>16409817
https://finance.yahoo.com/news/china-financial-warning-signs-flashing-210000536.html

AAAAAAAAAHHHHHHHH
I sure hope our financial institutions aren’t in any way connected to these houses of cards...

>>16409837
Does biz school even teach how to trade or is it all fundamental analysis long hodl stuff?

>>16409837
Imagine learning magick when you can just throw darts at a board.

I’m going to draw a bunch of ticker symbols on my shower wall and just coom hard and buy whichever one gets the lion’s share of the load.

I keep working extra to stack those dividend consumer staples but it all seems so pointless. I'll never have enough money to retire off dividend income. Even with all the extra work I put in this year I was only able to save 8k to put into dividend stocks and they only pay me like $500 a year and that's chasing yield.

I shouldve bought some options for this monday. totally forgot about black friday nonsense. There's no way this black friday is going to do well. Have barely heard friends and family talk about buying shit. Think some puts would've been the call here

>>16409869
Mine taught discounted cash flow and other value techiques

>>16409837
you have to pay for books and the shit posting teachers... the qualifications become judgement for as far as teachers are... then you get broads like Elizabeth Warren, teaching law, using a native american cusp, and using lies to invest in her self.

So is SPY gonna be up or down tomorrow fellas?

>>16409928
>shit posting teachers
lmao imagine taking a class on an image board... I wish teachers knew how to shitpost

>then you get politicians using lies to further their agendas
sometimes you sound like you were just born yesterday

>>16409936
>futures

>>16409939
i think you missed the whole purpose and point of that BEAUTIFUL shit post....

>then you get politicians using lies to further their agendas

>>16409936
sell off with oil... stop being bad.

>>16409918
They killed black Friday when they got greedy and moved all the sales to Thanksgiving Day. As if everyone would just tell their family to fuck off one of the three or four times a year they get to see each other so they can save $100 on a TV. Not only did they not go but they boycotted other sales because their nephew couldn't come to dinner because they were getting trampled by the literal niggers trying to buy a TV for minimum wage.

They moved most of the sales back to Friday but it's not the same anymore. Everyone will shop online if available or not go out at all. It used to be a major event for most of my friends and relatives where they would wake up early and spend all day shopping and going out to eat. Another fun event ruined by greed.

What are you thankful for /smg/?

>>16409936
Futures are mild red

12 people and a US soldier died.... thanks. I am sorry one family has a fallen soldier today.

>>16409961
Money

>>16409972
If you spent any time around modern day vets you wouldn't feel sorry. Literal negative IQ welfare niggers gaming the system. Maybe if more died to sandniggers in some godless shithole so many people wouldn't enlist thinking it's a free ride on easy street.

Reminder - VIA/CBS merger is a done deal Dec 4th. So both companies will be a single unit and have just two stock classes (A & B). VIA stock is a hell of a lot cheaper than CBS and after the deal only the new company stock will be used. Why pay more for CBS when they are gonna do away with it (and VIA) and use the new stock name anyway. So bag the cheap stock, reap the rewards later cause you know at the very least you'd see the value double right from the get go on Dec 5th. (CBS is at $40+ a pop, VIA is 24 a pop).

man lci looks damn good, but galt will go bankrupt, in q1 of 2020 and lci has a better balance sheet.... the fact you really need a reply from me... i love this market stuff... it's true, im going to work tomorrow and basically fuck you.

>>16409992
It's not a full on merger, Viacomm will be getting fractional shares you brainlet.

>>16409989
no you're right... i've got experienced vets, but it's dishonorable discharge.... and the marines, knowing you're going there..

>>16409949
>reading a manga just for the qts
What kind of sicko does this?

>>16409992
>tfw VIAB bagholder
I’d like it to dip back a little bit so I can build my full 100 share position.

>>16409989
ii have to treat this asshole, who ran like a bruised dog tail between the legs, and had to get kicked out, and not welcomed back.

>>16409918
>There's no way this black friday is going to do well

Disagree. Gonna be a record breaking black friday.

>>16410017
a true sicko (me) reads books and pamphlets just for the QTs

>>16409958
>Another fun event ruined by greed.
I mean, the event was created by greed... you know how the old saying goes

>>16410047
what did you buy ~ ?

>>16410047
this, and it will precipitate the utter collapse of the market when next year's tax returns fail to ease lower-middle class and lower class debt burdens sufficiently. there's something in the air, you can just feel that this is a year of buying retarded shit you cannot afford, maybe because the market is doing so well.

so buy CURE and short semi-conductors...

Any Ausfags here? How does one get into all this without easy to access market tools like robin hood and the like? I don't mind paying fees like commsec and what not but I feel as an aussie my options are limited.

>>16410058
>bear
disgusting.
Alright, explain to my how "tax returns" are going to crash the stock market or economy. Do you mean tax refunds? Still doesn't seem plausible

>>16410056
>what did you buy ~ ?
Nothing

>>16410111
anon! we can't break the sales records, pump the markets, and defeat the Chinese if you don't buy anything!
get out there and buy buy buy

>>16410118
if you retards don't think this futures sale is an opportunity to buy longs... you must be retarded. enjoy.

>>16410126
how many futures did you buy ~ ?

Rate my portfolio

MAG
FIRE
WAT
ICE
CURE
LIT
BIO
SOL
WIZ
TARO
DEF
KO
ULTA
LMT

>>16410169
is that really your portfolio or a list of moves from a gameboy RPG

>>16409961
I'm thankful for DF teaching me an expensive lesson about going in hard with pennystocks.

>>16409992

To give the disgusting bears here some perspective, give this a watch. You’ve got some of the facts right, but you come to all the wrong conclusions.

https://youtu.be/C4QjDJuyfek

>>16410187
>he doesn’t own KO or LMT
A lot of those are ETFs with “clever” names.

>>16410056
What a strange man you are, to do such things for a bunch of lines and squiggles!

>>16410187
Holy shit.

I hope youre mentally prepared for CPb earning next week

what are we buying

>>16410278
are they having a black friday sale

>>16409885
You either have to take a risk to make it, or just learn to be content with the fact you're just creating wealth that you'll never actually use. I honestly sometimes wonder why I'm even trying to earn so much too.

I don't even hate working that much.

>>16410353
AMRN and GALT

>>16410101
Yeah I meant refunds, sorry honestly too much doc review lately. I think househould spending will constrict after refunds are lower than rust belt families expected two years in a row. I monitor rural area strip clubs across three states through a few friends for signs of slower refund spending and last year was remarkably low for all of them. If we have a repeat we could be headed for some trouble.

I'm not over here doing rocket science level trend analysis or anything, I'm an overconfident clown like most of the posters here.

>>16409869
Anyone worth a damn just says "learn accountancy" in my experience.

>>16409928
>investing lies into yourself
definitely stealing this for my next self-help book, this is solid gold

>>16410397
>I monitor rural area strip clubs across three states
Very interesting. I bet you could get some interesting data that way, though I don’t know how you got so well connected in that industry. And tax refund season is usually a good time for business? Very interesting...

Tax refunds are just interest free loans to the govt though, if they’re paying less in taxes but getting less back in refunds, well I guess people aren’t rational beings after all.

Learn accountancy? To what, evaluate balance sheets and free cash flow and such?

>>16410567
>Learn accountancy? To what, evaluate balance sheets and free cash flow and such?
I guess? The earnings reports are so standardized you can pretty much get a feel for how to interpret them in a few hours though. Honestly though, with the way stocks trade around earnings, sometimes up sometimes down in loose or non existent correlation with the actual health of the company, I'm not sure how much that would help. That'd be a long hold fundamental approach probably.

>>16409992
This post has to be a joke

VIX below 12, no fear in worrying and uncertain times. What the fuck is going on?

How can I recognize an overreaction of the market in regards to a stark fall or rise of a stock, /smg/?

>>16410619
Anon everything the market does is an overreaction

>>16410631
Accurate. Imagine that wall street is pic related and everything starts to make a kind of sense.

You see, a big hurdle for the rational individual to overcome when playing with the market lies in the stark contrast between what you think it ought to be doing, based on your facts and your numbers and what have you, versus what it's actually doing. You'll scream and shout IT OUGHT NOT BE BEHAVING THIS WAY BECAUSE FACTS AND NUMBERS AND RIGHT AND LOGICAL REASONS. But it is. So whaddya gonna do about it?

Whaddya. Gonna. Do?

>>16410693
REEEEEEEEEEEEEEEEE
the market
REEEEEEEEEEEEEEEEEEEE
the government
REEEEEEEEEEEEEEEEEEEEEEEEEE
the China
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

etc.

>>16410693
B-b-buy and h-h-hold senpai..

>>16410353
NVDA: 215 or 212.50 puts til it fills the gap to 210, then go long for the ride to 250.

SHOP: holding 340, 350, and 390 calls in deep profits since underlying was 317, but might cut them loose if Black Friday numbers seem dicey/Friday performance is flaky. Still, expect this name to cross 350 easy and make a run for 400 within the next 30-60 days.

SQ: looking for a modest pullback to 65/66 range, then long. I want to own this for the inevitable recovery to its former 100 level. Cash app just introduced free, fractional normie-digestible stock trading, plus SQ terminals are still literally everywhere in small biz retail and mobile/event/festival/convention environments. Cash app has a lot of room to grow and when I put on my normie-cap, it really is the least-effort digital payment app around, with the best extra features. This is what kills RobinHood, with the exception of Options. Would be best for the bottom line for Cash to stay the fuck away from options and margin though.

GILD: attempting another breakout from its virgin-tight 60-69 trading range that it's been stuck for a year now. Keep a close eye on it, set alerts, as soon as it breaks over 69 with a close, nigga gon' run. Very solid 3.7% yield, and has yet to participate in the pharma rally that's been going on for the last month. Oh, and AIDS.

MO: tobacco ain't going nowhere, son. Looks to be recovering from its own personal long-term bear market, although we can't be sure until it retests the lows or gives a solid couple weeks over the 52.50 resistance zone. Fundamentals point to it being ready, as the company is positioned well either way the Feds decide on vaping. MO owns 35% of Juul, as well as stakes in some other small-fries, dudeweed, and I believe PM Intl. Nearly 7% yield with plenty of upward range to grow, too. Finally, if you're concerned about a recession, MO is actually a defensive play. Nothing to dislike about this company, smoke more goy. Buy.

>>16410355
no, the campbell cream of mushroom sale ended today

>>16410353

Also DYOR on smaller/regional banks/financials. The likes of RF, FHN, HBAN, etc. I think these names are looking severely undervalued and have a few things going for them compared to their hyper-kike big boy brethren (GS, BAC, C, JPM, WFC, etc). Stock prices have been relatively low beta recently. The companies themselves have been merging, while simultaneously not exposing themselves to the same level of TBTF high-risk behaviors (they still do, just not as much, because they know their chances of getting gubmint bailouts in another financial crisis are low compared to the Multinational Jew Corps, because they mostly got ignored in 2008/2009, too). Div yields are good on these names, too. My only concern is they are not doing enough to innovate and separate themselves from the big dogs and fintech in the services arena. The first one to acquire a quality fintech or de-fi company and merge traditional banking with the new school could see some major gains...but that is all speculation. For now, they're fairly boring, safe plays that have been mostly ignored in favor of big shiny and blue chips. Smart money is probably quietly accumulating as we speak.

Unironically TSLA: you all laugh now, but the Cybertruck is going to change the game by the time it hits the streets in 2 years. Musk is about 5 steps ahead of the old boomer managed jewmobile companies. Keep laughing, bears will continue to fuel the pump to $1000.

TTD, PAYC: the best in online advertising, and the best in payroll management. Both seem frothy and expensive. But they both do what they do exceedingly well and are making some major inroads into the incumbents' territory. TTD is probably a future takeover target for GOOGL, FB, or another player entirely that needs to up its online ad game to compete with the former. PAYC, same deal, different industry. Don't go all-in, but a low single-digit allocation of your portfolio would be wise.

>>16409817
Just got off work from retail. Was literally a busy saturday essentially. USA confirmed for recession if tomorrow isn't busy at work.

>>16410989
What store? I'm talking to a friend who used to work at the same retail store I did and she's saying it's packed a ton more than last year. A lot of online orders too. Any other retail anons wanna provide some insight?

>>16410919
I see...
I suppose I will have to acquire CoM soups through other, less traditional means...

>>16409751
If Black Friday is YUUGE then Trump wins 2020

You heard it here first

>>16410943
> Unironically TSLA: you all laugh now,

You nailed it! I’m laughing myself sick anon.

A I gonna get v& by government or MPAA agents if I watch the bloomberg livestream in the OP?

>>16411511
Yes

>>16411561
fug

ACB up big this morning for some reason. goodbye my puts!

Good news out this morning for Roche, AstraZeneca, and Regeneron!!

You might notice that all these names are COMPETITORS with my pharma holdings. FUUUUUCKKK!!

Today might be a bad one for your old friend, me. But it could be a very good one for LABU or possibly PILL.

Big news on AMRN, script numbers are still climbing without the FDA label expansion happening yet. It might have a good day today while everything else suffers

>Biden back to #1 with a commanding lead over Warren, Pete sandwiched between them
Holy shit CURE may really be the play, baggie is perhaps not a retarded alcoholic shitposter THIS TIME.

Also perhaps YANG or SOXS...

>>16411978
Who the fuck is Pete? Did he just pop up?

GALT today!

>>16411696
This here is even more proof of what I've been saying. Buyout or no buyout after Dec 28 it maters not. Cause Profit is gonna be pouring in like mad and the stock price will climb nice and steady. All we have to do is get our Green Bags ready.

Btc on a 3 month pivot, maybe long term, bough in last night I'm up almost 2 percent, resistance assumed by analysts at 8000 to 8100 if we break that it's a potential BLACKED BULL

What a time to be alive...

>Just bought a triple-leveraged inverse semiconductor etf premarket
I AM NOT A DEGENERATE GAMBLER

>namefag posting about crypto 1 hour before market open
Knock it off, new fag.

>>16412036
He was a nobody, just another background candidate. He could be having his Herman Cain moment, you know how the electorate is. They get excited about one candidate and then move on to the next one.

Will the dip get bought today?

trying my hand at some $6.5 12/6 PCG puts

which one of you niggers crashed muh oil?

>>16412405
i fucking told you

$GOOG is about to moon. @ me when I end up being right.

Myov is on fucking fire AGAIN

Holy shit lads I’m getting the absolute fuck bogged out of me.

I hope it’s just this weird fucky zero volume day.

who /greenday/ here

>>16409817
>>16409839
Fuck CNBC, they told me retail was doing great.

>be me
>wake up
>still not a millionaire off AMRN
im beginning to think moving from ironic shitposting to ironic investing was a mistake

>>16412596
MYOV up 9% tho.. MTNB and AMRN both up too

Buy REFR

>>16412567
The fuck channel have you been watching? They’ve been saying only online and discount is doing well. If you’re not amazon target Walmart Costco or Home Depot, you’d better be tj max or burlington.

You’d better not be Macy’s jcpenney or fucking Kohl’s...

>>16412608

Oh I forgot

Accumulate REFR

>>16412608
>>16412616

$REFR From an investor on SI on short interest. It has gone from 350K a year ago when the stock was $1.40 to 11/15/19 reporting of 3.3M when the stock closed at $3.16. Something to think about:

Short Interest up significantly to 3,369,333 up 277,850FWIW, figuring 241 trading days (holidays excluded) from this time last year, the short interest has risen an average of just over 12,448 shares per day.

>>16412620
Do they have any products on the market?

Get your cheap AMRN calls asap..

Market pumping. Send some new bears hiro, these are broken

Anybody else here scalp futures? Dam I make a shit load doing that and I never in a million years thought I'd end up a scalper. Started out "investing" then swing trading, then day and now I scalp making more with the latter than ever before. Shit's ridiculous

Ok, VIX traders had their fun. Time for SPY to go uP!

Why aren't all my retail stocks going green? I was promised big black Friday returns

>>16412684
they go green after black friday reports, not during the actual sales

>>16412693
BRB going ghost

>>16410263
>wrong conclusions
as like?

Anyone have any experience owning a Limited Partnership?

I want to buy FUN. Seems like a great long term investment but the thought of a K-1 is scaring me off.

>>16409854
>No worries they'll just charge to their 29.99% APR Target/Walmart credit card even though they still haven't even paid off principal from last holiday season
This is exactly what my dumbass sister is doing.

>>16412567
Short retail amazon will make them obsolete nigger wtf are you doing buying retail

>nbrv calls expiring July 2020, yeah or nay?

>>16412709
Did you watch it?
>>16412759
Your dumbass sister is a true American hero. We’ll pave the road to the future on her and other debtor’s bones!

Hope you bought your bit tendies last night I'm at 3.5 at market open it's at least going to bounce have a limit sell at 8000

Another biopharma ASLN just mooned. My brother was watching it but didnt buy cause he's a faggot

>>16412781
y
so usa will stay solvent forever?

>>16412800
Kek I have that one my watch list too.

>>16412835
They can always print more money no?

>>16412533
>>16412605

>MYOV

I had a 14.50 limit buy in on wed ended up loading up in the 17's cause didn't want 6k anon to feel lonely Glad we making some memebux

Any cheapies?

>>16412835
Forever is beyond my comprehension.

Central banks all over the world are dovish. Interest rates are shrinking while balance sheets are expanding, and until that stops the bears will continue to suffer.

AMRN suddenly feeling very comfy going into the weekend.

>>16412900
I m 6k anon fren.. It's went down a little bit but Im going to hodl it until AMRN buyout I think.. I was up $500 earlier now like $250.. AMRN n MTNB is mooning.. My portfolio is only down like 9.5% now whereas it was around -25% a week n a half ago

>>16412924
We are going to be comfy all December as this puppy climbs

Bought myov at 15 stop loss at 18 should I take money like this or let it ride

Did you guys see London police just open up on a terrorist with a sub machine gun? lol

#EatLeadAchmed

>>16412944
I'm letting it ride.. It's going to double

>>16412935
I hope so because I have had a stressful November

MTNB is tracking with AMRN.. which is, whatever.. Im assuming AMRN will go up more than MTNB does when the holy buyout happens, but interesting nonetheless

imagine being so cucked that you waste your time on stocks

learn to code faggots

>>16412962
My stop loss triggered already shouls I buy back in

Reminder: March 2020 is the cheap T-baby share cut off date. Upcoming revenue drivers will be kick starting in march which will push the stock to new highs. The Streaming Service, 5G both will be rolling out. Also the big thing holding the stock down, the debt, is falling like hell. Look at DIS stock, it's up as high as ever due to one thing; Streaming. While T's stock may not hit that lofty high, it sure as hell won't hurt it any. Fat Divvy hunters may want to focus on Bagging as many T-babies as they can before March hits. Or watch as that window slams shut forever more unless the market just shats biggly.

>>16413028
God damnit.. It's giving up all ym gains.. Freaking AMRN and MTNB gaining more than MYOV right now.. Buy back in eventually yes.. I couldve sold at the top there but whatever

>>16413010
Don’t tell me or my wife’s son what to do bigot

>>16413034
I gonna put around 50k into T once I get that AMRN nut

>>16413028
A bunch of people prolly took their profits when it was up 10% on the day

>>16413036
>>16413050
Get on my level I think I got like 14 or so percent return in a week on it its losing momentum, falling decently pass few blocks today

Btc starting to sell off? ceiling at 7780 roughly?

>>16412670
zoomers finding out retail "scalping" in 2019 :D

>>16413010
coding is horrendous. probably oversaturated by now too as all millenials even with no talent think it's easy money, probably 5% of coders are good and talented and 95% are useless

>>16409751
Try to buy on the offer a small 100 share starter position size on SBGL. Interactive Brokers is showing 800 offers at the NBBO...I'm sitting there not getting executed...buying on the fucking offer...The NBBO starts lifting, I miss the trade, fucking thing takes off with my ass now sitting on the bid as price runs away. FUCK Interactive Brokers. I don't even know what the fuck that even was. How can they be displaying real prices if you try to execute buy on the offer (or sell into the bids) and the trade doesn't go through? Like, there is no way those prices are real because taking liquidity should be instant if the offers or bids are there. Seriously, fuck Interactive Brokers.

Look at this here:
report back from Jefferies call with Patent Lawyer

From dough
@semodough on twitter


$AMRN Key Takeaways from Call w/ Patent Lawyer + Preview of Upcoming Competitor Data-came away (+), with many of generic claims already abandoned or invalidated by court&view of settlement as probable or a high ~85% likelihood AMRN could win outright,potentially pushing it $25-30


expert $AMRN would likely win case outright (high probability, in his view) as many of generics' claims have been weakened Our DCF suggests stock is worth $30 on peak sales of $3-4B, every $1B higher peak flows to bottom line is worth $5/sh upside.
JEFF $AMRN Monday (11/25) at 1pm ET, we will be hosting a conference call with patent lawyer Jacob Sherkow to discuss the ongoing Vascepa patent litigation with Dr. Reddy and Hikma. We will discuss the recently published summary judgment and scenarios for upcoming litigation
9:38 PM · Nov 28, 2019·Twitter for iPhone

MTNB up 2% more than AMRN, it's all so tiresome

Whoever bought CLVS at the top, I pray for you.

>>16413111
nvm AMRN is higher than MTNB now

Robinhood pattern day trading warning should I disable it I am not trading on margin but have less than 25k equity and making lot of moves today

>>16409839

Best Buy beat earnings by 10% Predictions are nothing more than predictions.

If you faggits want a good Black Friday deal see if you have Klipsch S1 True Wireless headphone on sale for around $70US .. We jsut got ours and theyre sick.. I think they trottled them too cause they have a premium set for liek twice the price and I put an EQ on them and they still sound crisp as fuck but twice as loud

>>16413147
Disabling the warning won't stop you from tripping the day trade rule. It's federal law, not RH.

>>16413010
Programming is one of the worst fields to get into currently. You work absurd hours, command zero respect, and compete with a flood of Indians.

What does our resident wizard recommend?

>>16413028
>>16413036

I've been watching MYOV chart it's been doing this all week. Daytraders dream with 2 more ph3's coming up in 1st half of 2020. Some conference in december. NDA for their prostate ph3 coming up. Roll with the flow

If you can swing trade it until it steadies out then up to you to hold or not. Nothing wrong with making $ multiple times or selling some keeping some...fuck stop losses we going $20+ in 2020 anyways

>>16413171
>Daytraders dream
yep, it moves a lot

>>16413178
It just jumped like 2% in 5 seconds after going down 5-6% in half n hour

>>16413161
But im not on margin why cant I make many trades why do I have to have 25k

>>16413214
Also will selling crypto apply to my day trade limit

>>16413214
Cause the SEC wants you to stay poor

WTF jsut happened to MTNB? It was at 1.23 then it started plunging and got frozen at 1.18

>>16413228
>Also will selling crypto apply to my day trade limit
no

>>16413256
bull trap

>>16413214
because the SEC is cucked as fuck and they realized that too many dudes in 1999 were able to make a living from trading so they created bullshit rules to prevent them from daytrading

it shouldnt apply to crypto

>>16413256
You got dabbed on

Are you guys buying the dip today or are more cheapies in store next week?

>>16413168
Wizard here (id changed because Im using my work computer)

Very positive reading. One of the best cards for signifying financial abundance appeared in the future placement of the reading, while the other two placements signify steady growth. I went ahead and bought some PRNB myself.

>>16410989
Oh fuck it's only modestly busy and not slammed. It could be the sales we ran before today, but I think we're gonna die. Managers freaking out, short the market.

> """"""""""""Black"""""""""" Friday

>>16413342
People are online shopping.. I spent a couple of grand, finished my new rig(Ryzen 5 3600 wirh rx 5700 xt) among other things.. My wife went out and I dont even know if she bought anything but I'm also ordering a few articles of clothing online and have no desire to go to a mall

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

AMRN with the precum rn

>>16413320
Is it safe enough to be hopeful for 20%+ growth?

I missed out on that call and I’m kicking myself so hard

>>16413352
Heh, I spent a bit a while back myself. Bagged 6 x 8TB hdds for my server. Just waiting for the current ones to die and/or end of year to get here first.

>>16413513
There's good deals on HDDs rn you should get some. I got a 500GB m.2 for $70 and a 1TB SSD for the same

>>16413513
I just moved to France and shit is usually more expensive here than Canada or the US but I still managed to get all my shit at discount prices compared to the US.. I got the Ryzen 5 3600 for $160US on 11.11 and I havent seen it cheaper anywhere today

>>16410693

All you can do is look at past performance and use that as a guide.

Since WW2, the stock market has been in a bull market with some significant pullbacks along the way.

Generally it's safe to continuously put money into the S&P 500, but every so often a market correction happens that wipes out the gains of the last decade within the space of a small amount of time.

Happened in 1974. The S&P went to levels last seen in 1963. 45% drop.

Happened again in 2009. Went back to levels last seen in 1996. 56% drop.

And there are corrections all throughout the 60s, 80s, 90s that are pretty sizable.

Based black Friday 25 minutes to go just picked up a few more MYOV

What u guys getting for yourselves for a good new year?

>>16413424
>tfw some monopolyman shitposter has influenced your investing strategy

>>16413649
it dont got to be like this but it do

>>16413652
kek

>>16413652
hes in every /smg/

>>16410693
Ignore what governments and central banks are saying, pay attention to what they are DOING, accumulating physical gold. The global economy died in 2008, we are in a zombie NIRP system living on borrowed time. Neither stocks nor bonds will survive the next reset.

PHYSICAL
PRECIOUS
METALS

It’s a take profits day, what to sell? I think I might finally cash or my bags of
LPTX AAAAAAAAAAAAAAAAAAA

and take a little bit off the table in ATVI. What you think?

>>16413680
>physical precious metals
isn't there a reputable ticker symbol doing this for us?

MTNB shot up again somehow

Damn this sour hour sucks

>>16412631
Their revenue is basically 0 and their income negative but their mcap is 100mio

>>16413679
I know. That is why I finally caved and got myself some divvy stocks.

>>16412670
How are you doing it? Trendlines, sup/res, sup/dem, the heart of the cards?

>>16413733
Discretionary on support. It drops below support and the DOM looks right, i.e., I see lots of volume and the movement just looks *right* I go in. Stops are discretionary too. I do the same thing with bitcoin and turned 2500 into several hundred thousand but bitcoins moves a lot more so it's easier to do. The key is that support though. And I rarely buy precisely at support, usually when it breaks below so mean reversion rather than trying to catch a trend.

Got a 3.5 gain on coin btc, bought last night, sold earlier I think its ceiling, what u think long bull trend or just a spike

>>16413759
Just got out of that trade on the chart in pic. Easy money all day long

>>16413760
Relief rally, will last until about 9k

>>16409751
Recession is coming 2021 at the latest. Slowdown already begun and smart people will enter the bear market before it is too late by next week and the gold price will skyrocket.

If you want less risk by not getting into early or perhaps feel unpatriotic while increasing possible gains in the bear market then short the EU euro stock markets, Dax oxm and stoxx. Europe is more sensitive to American economy, you got brexit, the banks in Europe are barely scraping by and the euro currency is gonna blow up before 2025 according to all in the know. Plus much more difficult for Europe to come up with unified countermeasures and bail outs and to make matters worse, a few countries have negative interest rates and no room to maneuver. Bear the fuck out of Europe!

Unlike America that can lower interest further, easily throw bailouts and has stronger economy with less debt to gdp. China is also bad because they have massive reserves and ability to survive a depression and a central planned economy. Anyway, if you wanna get rich guys.

>>16413759
Thanks for the info.
Isn't DOM spoofed?

>>16413686
GORO has dividends that pay towards their gold/silver coins, that's about it. Put about 20k into the stock and you could get 1oz of silver a quarter based on my basic understanding of it

>>16413803
>Isn't DOM spoofed?
Sure, but that's part of the overall pattern too. I look for what is there rather than try to rationalize the why's of it. If large orders are on the board whether they're spoof or not it has meaning. Crypto same way except there it's more rampant due to being mostly legal

>>16413469
No. I'd say 8-9% growth.

>we're in after hours already

Completely slipped my mind what day it is. Finished with exactly a 1.00% growth today.

finally found a way to safely deposit and withdraw crypto with minimum fees!
btc,ltc,xrp,eth,usdt,zcash,btc cash,
you can also withdraw with cash
tinyurl.com
uxkx43t

>>16413818
>Put about 20k into the stock and you could get 1oz of silver a quarter

Topfuckingkek

>>16413586
Difference of composition of the S&P then vs. now.

>>16413864
Gained like 4% today, portfolio only down 9% now. Thank u Black Friday

>>16413864
Up 3.5% so go me. All mostly thanks to AMRN

In one year I've turned 70 dollars into 98 dollars.

>>16413935
Better than the alternative; losing $70

>>16413935
Pretty good gain in terms of percentage.

>>16413864
me too anon.

Anyone have some good tech stocks recommendations? Preferably under $200

>>16413889
The story so far...

>>16413818
that's strange... is there a regulatory compliance issue preventing a company from IPO'ing on nothing but a huge storage of gold and silver that they'll only release to stockholders in certain market conditions?

Seems like a nice opportunity to scam lazy zoomers.

>>16413970
I put some money into CLDR today since their earnings are coming up and this is their first red day in a week.

Outside of your price range, but I would also consider buying one share of AAPL as they are the clear winner of black friday and I can see them moving up soon.

>>16413935
Not bad anon, how'd your first blackpill taste?

People are the top suck dick at this without all of their insider trading and marketing making, but we start out with so little that it doesn't matter. Get cozy, you'll be here... oh, about 40 years.

>>16411413
Stay poor, nigger.

>>16413935
>40% increase

That's great, anon.

I wanna see Nokia at 6$ end of 2020

>>16413935
Not bad anon, how'd your first blackpill taste?

People near the middle and middle-top suck dick at this without all of their insider trading and marketing making, but we start out with so little that it doesn't matter. Get cozy, you'll be here... oh, about 40 years.

>>16412036
Manufactured CIA plant like Obama

>>16412152
can craig really handle another lawsuit?

>>16413935

If you can keep that up for 30 years you'll be a millionaire.

>>16413652
based and divvypilled

>>16414060
even better, he only needs to keep that up for 27.433299 years

>>16413652
>>16413424

I have family that literally lives off their dividends

>>16413801
I guess nobody here actually want to get money, either that or they don’t have a broker lol

Noobfag here, looking to start investing. Should I wait for a bit into December to maximize my potential? There's usually a dip for some time after Thanksgiving, right?

>>16414115
The best time to start investing is immediately. Don't try to time the market.

>>16414060
>>16414087
Too bad that in 30 years you'd actually need $10 million to have the equivalent purchasing power of a million today. Assuming the USD is even still relevant by then

I feel like I'm commiting a crime when I trade crypto on robinhood and sink it right back into stocks
I'm not right?

>>16414115
Jump in as soon as possible. Time is your friend. The older you get, the more "seed" money required to earn anything worth a damn later, unless you manage to strike it rich with a bio company that skyrockets, but the odds of that is nuts v.s index funds that will fork out the green to you.

>>16414103
>Believes people will listen to random ass "muh recession markets will collapse in approx 391.5 days"-posters
Not to mention that you claimed this is a bear market, which makes no fucking sense at all..

>>16414115
>>16413801
If no idea what to do just buy some ETF for bear market against one of the big European indexes.

>>16414190
It this week for europe, America is slowing down and will go red next week, at worst delayed to January if trade deal gets made and tariffs don’t get enacted early December. Recession for sure coming at the latest 2021. Things like Brexit, trade war and election can cut that time in half or even more. Europe is fucked already however. Enjoy being wrong though, I just wanted to spread the wealth to my fellow autists.

HELP

>>16414223
How fucking retarded are you? I mean seriously what the fuck

>>16414223
What option did you buy?

>>16414223
No

>>16414223
You are a real man, you can only get rich by trying! Keep it up, go for that infinite leverage.

>>16414223
Whoa, does this mean your in the hole almost 192,000? Damn if so.

>>16414223
That doesn't even seem possible

>>16414304
only on wallstreetbets it's possible

Attaboy Kirkland Lake!

>>16414319
go back

>>16414340
im not the sperg posting others losses.

>>16414340
When 4chan became more lame than reddit?

I wanna buy ACB so bad rn but last time I got fucked

>>16414367
>weedstocks

Stop gambling, and start investing

>>16412559
Me. I was really surprised to see red on nearly all markets when I'm green almost everywhere. I've been adjusting the geographical split on a bunch of my portfolio and re bought lower today as well so lol.

Took a long break from trading this year, came back and decided to try out options. Made 190% profit in 1 week. Is this normal for options trading?

>>16414367
Don't do it! When/if weed has another bull run you will have some warning. There are zero technical signs of trend reversal yet. To give you some perspective on my advice here, I often will bite on some pretty flimsy bullish evidence and it's a habit I am working hard on curtailing. ACB doesn't even have that yet.

>>16414419
One defensive measure I have adopted recently is the idea that you should move a percentage of portfolio away from index correlated sectors to non-correlated sectors, like utilities (especially water and electric, less so gas) and certain commodities when the bullish feel on the index begins to weaken. It's working out quite well indeed. Better than anticipated.

>>16414444
yes, but equally as normal to lose everything

>>16414444
Numbers! Your portfolio will begin to resemble a seismograph chart after a while if you're mainly trading options. It's more stable to trade primarily trade safe-ish options like selling covered calls on existing positions for a little extra money, little lower cost basis, potentially less upside on the underlying position.

>>16414444
Checked and yes this is very normal. we all trade options here and we are all millionaires

>>16414549
>>16414549
>>16414549

>>16414367
Do me a solid one and look at the ACB chart, put on the weekly and zoom out. What do you see? You should see a huge accumulation area that happened back in 2016-2017, that's where price will have the largest chance of bouncing from. We tested the highs of that area but looks to be going down if we don't make a higher low, but you still have that area to buy at.
That's how I entered my position in CGC

www.reuters.com/article/us-china-banks-analysis/specter-of-funding-crunch-looms-over-runs-at-chinas-small-banks-idUSKBN1XZ0Q5
AND ANOTHER ONE GONE, AND ANOTHER ONE GONE
ANOTHER ONE BITES THE DUST
HEY, I'M GONNA GET YOU, TOO
ANOTHER ONE BITES THE DUST

just went short with 45k (35k cash 10k margin)

betting we pull back to 300-302 before christmas rallying to ATH around 330ish. I think that is THE top before the "recession" everybody keeps talking about

what are the best calls/puts to buy on the spy? How far out?

>>16414223
Nice reddit larp

>>16414674
Screenshotted. You'll eat your words. 400 by Xmas. Trump doesn't get impeached. Trump does get an apology from Congress. Schiff resigns. Biden arrested. KAG

>>16413852
How does one get into tarot card reading and synthesizing it with market analysis? I know there’s a practical way to approach stock trading but there are so many unknown unknowns (Not to mention thing you can’t control) that I feel like the average person is almost better off throwing darts or consulting tarot cards.

>>16413781
I've been watchin it off and on it was rising steady I dont see it breaking 7800

>>16414748
>How does one get into tarot card reading
I bought a pack of cards online one day

>and synthesizing it with market analysis?
I don't know

>>16413099
$25-$30?! Thought this was gonna be like $60

lol Kirkland Lake casually rolling on up another 3%.

>>16414946
That is wishful thinking if there was a buyout. The hype may push it well over 30 at the end of December, but it probably belongs at around $30 until the market potential is better established.

>>16414223

I wonder about retards like this. Like I have a pretty comfy middle class job and in order to sock away ~$25k per year I still have to be somewhat frugal. Who the hell just decides to gamble with $190k like that and is okay with losing it all?

>>16414914
Could you do a reading for either DB or ATT?

Ding ding ding! How did everyone do this week? I’m down .56% today, solid red with no covvies :(
This week we’re going to the Romano’s in St. Louis, Missouri!
Forgot it was a half day lol, late again! Very glad to see somebunny else here knows the tarot!

>>16413424
What dividend funds should I invest in and how much principal should I have

>>16415192
1% week, Im buying DLTR for a bounce to like 95.. And I got my christmas tree today

>>16414719
>Trump does get an apology from Congress. Schiff resigns. Biden arrested.
Have you been paying any attention to American politics for the past 30 years? None of this shit is going to happen.

Do you understand the difference between impeachment and conviction or removal?

NONE of that shit will happen, and that’s okay, it doesn't matter at all. What matters: The Fed. Then Corporate Tax Cuts/Trade Deal/Tariffs

Biden winning the primary will be the biggest bull indicator of all time, right

>>16415252
Biden means Trump wins 100%. Minorities will not vote for an old white man. Very easy to predict this.

>>16415252
Of course, considering Trump would bend him over and fuck him raw

>>16413454
imagine MTNB coom session once AMRN gets FDA approval

>>16415295
Biden is winning the dem primary because of the support of blacks.

>>16415252
Once the crazy “wealth tax” and “medicate for all” leftists are off the table, that will be a major bull signal for big money. Do you really not realize what a threat to the economy and the markets warren and sanders (kek) are? Money managers take that shit seriously.

>>16415295
>>16415300
>>16415325
Doesn’t matter, either trump keeps the economy and stock market in full bull until November 2020, or whatever dem is put up wins.

He will ALMOST CERTAINLY succeed in this because the fed and tax cuts. But if unemployment spikes -> market panics, then the economy could take a hard downturn and trump could lose.

Doesn’t the census start next year though? That’s even more jobs “created” even if they’re temporary. They still get counted in the labor statistics for 2020, though that could be rough in 2021 when they finish.

>>16415192
Red week
Rough day because GEO and MCD make up a large chunk of my portfolio,
Also VIAB.

Got spooked and sold my MRK call for a $16 loss... how embarrassing. But it was too big of a gamble with a 12/6 expiry.

Made some dough selling some KO and PEP calls! Those were a good buy!

>>16413099
So you’re saying these $27 calls for 12/27 should pay off?

>>16415393
Geo goes to 12

>>16415406
What makes you think that?

>>16415440
Because I want it to.
I feel safe enough in this region to buy a ton of it.

>>16415459
Eh... it sounds like that asshole who was saying MO to $30, right before it rallied $10 from 40-50 in a month.

I’m not selling. I want that yield.

Who's on the AMD moon ship next week? I'm on it. I'm on it.

>>16414628
Have you tried adding volume profile to your setup?

Let's say Bernie wins, what would your day 1 trades be?

>>16415192
Up a few percent. Good week although selling on mcd, ko, air canada, and shop soured it a bit. No sell signals on the latter two so holding. Mcd and ko are long hodls.

>>16413970
NET seems like a safe long term hold.

>>16415325
What reason do they have to support him?

>>16415572
his best friend is a black person

>>16415397
Cutting it very close. I have a few 1/17's for the breathing room.

>>16415560
The nomination? I'd wait for health to tank them load up on cheapies. Theyll rebound when the public is reminded who is in charge.

(It's healthcare, not Congress or the POTUS).

>>16415620
B&R
The boomers will not allow someone who threatens their healthcare into office. And if Bernie somehow made it into office, no way he could get congress to go along with getting rid of all private insurance.

Bernie Cheapies this past April were an absolute gift.

>>16415642
boomers are on medicare and Bernie wants to give medicare to everyone

>>16415695
Many of them, sure. Bernie wants to take away all private insurance providers, that’s a big threat to anyone who uses Anthem blue cross Kaiser United Health, etc. especially if they’re already old and thinking about end of life situations.

>>16415695
>he doesn't understand selfishness is the defining characteristic of Boomers

Not gonna make it. They'd tear it down rather than let anyone else have it.

(they're also spiteful)

Does AMRN still have the possibility of a buyout?

>>16415777
Yes, a possibility exists. That is all there has ever been and no one can say for sure how likely it is.

Come on media give me news stories about record black Friday crowds!!!!

>>16415606
The popcorn fella?

>>16415733
I work for a large health insurance company and i can 100% confirm that it’s all a scam. MedSup plans especially. I’m not voting for warren or Bernie, but they are right...

>>16415863
>Come on media give me news stories about record black Friday crowds!!!!
Or say there's less interest in brick n' mortar because everybody is buying online. That would be good, better even.

>Online consumer spending on Thanksgiving day came in this year at $4.2 billion, up 14.5 percent from a year ago and the first time above $4 billion, according to Adobe Analytics.
Ooh! Yes. Yesssss moar like this.

https://news.yahoo.com/black-friday-becoming-shadow-former-self-us-165854513.html

>>16415777
Thing is, it don't mater. Sales are and will skyrocket after Dec 28th. Profit will be flowing in like mad. So all that a buyout will do is see you get a fat wad in 2020 instead of 2021. Either way you win.

>>16415950
It may also work out better for you. Consider; your flush with green from AMRN, then the market just shats big time. Cheapies everywhere! There you sit with your Fat Green Bag. Like a sign from God saying "Go forth and make insane wealth my son"

>>16415892
Single payer and public options are good ideas if implemented properly. But banning the private insurance industry is just wild.

What's shaped like a choke holder but makes someone look like an angel?

>>16409751
I got a 150 bucks spare (poorfag) what’s a good stock I can throw at

I lost a lot of money on a meme stock, I'm still up this year but wow that doesn't feel good.

>>16415998
Wut?

>>16416314

>>16416314
I'm just gonna have to outright say it
If we haven't decentralized cp securely, we haven't decentralized enough

>>16416306
Bumping

>>16416347
NTDOY

>>16416306
honestly with such a pathetic amount of money, id go all in on AMRN

GEX dipped pretty hard but still fairly high, DIX shot up a bit. Gonna be an interesting week on the S&P boys. There’s a good chance we’ve heard the last from China on this HK bill for now. All bark and no bite?

>>16416311
Should have went with AMRN like we told you

>>16416311
How much did you lose?

>>16415192
Up 6.47% for the day thanks to my AMRN calls. Which puts me up a mere 1.23% for the week. Not great, not terrible.

NEW NEW NEW

>>16417016

>>16417016

>>16417016

>>16417016

>>16417016