/biz/ - Business & Finance

Re brexit boat. Passed easily.
https://www.bbc.com/news/uk-politics-50866177

If you aren't accumulating shares of SNSS at this price, you are wrong.

Or—Jesse fucking Chris— that volume on Pfizer?

Could the absolute cuck of the Dow have put in a bottom?

>>16618809
That is a lot of volume

What’s that pattern called?

>>16618805
How much are you down again?
Why would I buy snss when loxo completely btfos them?

Speaking of volume...

>>16618797
Well yeah, they have no choice now that the people clearly showed them what they wanted. They will pass everything Boris wants them to pass now

>>16618842
Oops!

Are mergers normally good for stock price? What’s the play on a merger?

>>16618805
I'll wait until it comes down to 10 cents :^)

>>16618769
Lci rip

$1800 for college tuition next semester, or should I put that into my portfolio instead?

First of the year I'm maxing out my ROTH. What do with 6k?

Lmao Cramer
Got a call about this while I was evaluating.

Should’ve bought more than 5 shares tho...

What brokerage should I use if I just want to invest in some blue chip companies whenever I have money to spare? I also want to keep all my money in the brokerage account, so having some card benefits is a plus.

How the fuck do these clickbait articles claim to know that the shorts are net losers? What about all the gains before covering?

>>16618856
Depends. Wall Street is fickle
Wall Street has just now stopped selling viacomcbs into the ground since the merger was announced like 6 ~ 9 months ago.

>>16618856
Depends on the terms of the merger.

>>16618927
I use Charles Schwab, they give you your money on the spot so you can invest right away.
Unlike TD Ameritrade or Fidelity who tell you "it needs to clear", after they told you that you can start investing right away.

>>16618868
Salty coins and milk

What do with my yearly bonus

>>16618967
Chuck was the one I was looking at as well. Because of their attached checking account with great benefits. So I can use it to invest every once in a while and as a replacement for a bank. Though I'm not sure how easy it is to open account if you're not a US citizen, I'll look into that.

>>16618863
Gotta spend money to make money
:^)

>>16619024
That's a tricky question, i wonder if the U.S. charges you tax based on their rate.
They have the new dual citizenship filing just for this.

>>16619042
newfag here, what did he mean by this?

>>16619056
Looks like they have some minimum requirement for international account, $25k, so that's out of the picture, at least for now.
I've heard good things about Interactive Brokers, anyone here use them?

Ontx has news out on Jan 2. Something dealing with phase 3. Hope it's good. Give the stock a kick up the ass.

>last thread someone mentions black cube of Saturn
>wut
>search
>find out about it
>6 sides
>Saturn is 6th planet. Sabath is 6th day, day jews pray. 6 sides to star of david which jews wear.
>black cubes all over the world governments put up
>recall Kubrick's movies were all whistleblowers about things he knew about
>he a jew said hitler was right
>they say there is a base on the moon where aliens watch over us
>in 2001 there is a base on the moon where they find a black monolith which is the source of alien energy and wisdom, which now makes 2001 another whistleblower movie
What the fuck.

>>16619088
shit that sucks, use whoever benefits you then.

>>16619122
there is a wormhole on saturn thats why saturn eats his children, it is inside of the gas giant and creates the hexagonal vortex due to gravity from the exit. an old astronomer saw a moon of saturn become engulfed by this wormhole and thus Kronos eats his children

>>16619122
Sabbath day is 7 day you faggot

>>16619068
It means when the shills come here trying to get you to buy it, you should apply doubt liberally.

>>16619122
>he doesn’t know about building your hotel on an Indian burial ground
Never gonna make it desssssssssuuuuuu

>waiting for lci to come down
> fuck it, looks like it won't come down from 9.15
> buy
>goes under 9
I am actually starting to get sad.

>>16618997
Speculation

Anyone bought Grayscale Investment trust?

Another massive dix. Gex halved but still high. Quad witching+spy exdiv day today, still closed green. I don't know what's going to happen, but I'm ready for it.

>>16619261
Goddamn that’s thats fuckhuge
That’s IT I’m printing out the paper and reading through it until I understand it.

I suspect we’re in for a “blowoff top” but it’ll really just be a beartrap. Gotta check out the COT too if it’s updated.

>>16618927
etrade

>>16619122
>he thinks planets are real
>he thinks the jews are real

don't believe the lies
wake up to the truth
the STOCKs will show you the way

Realistically how do I, as a poor, only putting in 50-100 dollars extra bucks in their invest fund month, get rich without a loan? I don't mean quick

>>16619354
Still short.
Small specs went wayyyyy long

I don’t like it

>>16619377
send me pictures of your armpits
no one has EVER sent me pictures of their armpits and not became rich

>>16619354
COT might have something tangible. It's more of a lagging ind. from my perspective

>>16619399
I like money

>>16619503
I rate your pits 3.5/10

But that's not really the matter at hand here. What's important is that you have a daring, entrepreneurial spirit, and that's what counts for making money.

>>16619503
>passable

>>16619503
I really fancy girls who look like this, I don't even know why but I find her very attractive.

LONDON
O
N
D
O
N????

>>16619527
>>16619543
>>16619565

This is the face of someone who's going to make a million dollars or die transitioning.

>>16619575
>tranny

For FUCKS SAKE NOT AGAIN. My statement stands. Be in London.

>>16619068

It means its a theoretical dilution that hasn't happened but could happen in the next three years. Its a gigantic nothingburger but the short sellers will try and gap the stock down because of it on Monday.

If it were that bad it would have sold off huge in the AH today.

>>16619575
Don't do this here, go start another thread or something and self-fellate there but don't shit up /smg/ with this

>>16619543
...

>>16619565
>>16619612

>>16619626
Understood

>>16619170
>It means when the shills come here trying to get you to buy it, you should apply doubt liberally.

You should definitely buy LCI now and should throw large quantities of money at it if it dips down next week. And I am the guy in the screenshot you took.

This /smg/ is tainted by tranny faggotry.
And for that reason I'm out.

>>16619612
>FUCKS SAKE NOT AGAIN
Hate to break it to you, but this shouldn't be a common experience.

>>16619646
Is LCI going down? I might sell now and buy at lower price.

>>16619741
If it does go down it will be a gap down right at the opening on Monday. Given how heavily manipulated it is, maybe?

mfw pic related

Buy Tesla stock today or in 2 years?

>>16619780
release the CYBER TRUCK so I can buy it already
REEEEEEEEEEEEEEE

I want my CYBER TRUCK right now
I don't wanna wait

>>16619720
this is what you get for starting it off with a cartoon drawing

>>16619763
You asshole why didn’t you post this 15 minutes earlier when I could’ve done an after hours trade.

My exposure to tech and semis (excluding VTSAX) can be summed up by the following:
1 (one) share of NVDA

am I gonna make it?

Does this mean I'm now filthy rich?

>>16619815
only when you get into real estate

>>16619803
congrats, you own 1/35th of that company

in
a
ROBINHOOD
account

lol

I keep telling you'll cowards about CVM but no one listens

>>16619828
Will it count if I buy a share of a REIT fund?

>>16619797
Oh I forgot... I bought some Marvell and Cisco calls
...fuck whyd I do that?

>>16619794
Low t as fuck
Go to another website trannyloving animehater

If you don’t want to fuck drawings there’s something broken in your brain.

>>16619860
Exhibit A.

>>16619870

>>16618797
Based and Boris pilled. HE PUT IT ALL ON HIS BACK.

>>16619888
>>16619860
Soft

>>16619122
Checked.

That was me anon. Welcome to the rabbit hole.

>>16619888
Now you're just crying for attention. Typical coomer mentality.

>>16619122
>>16619923
I'll add by saying that not all occultists are evil. Some of us are good people. We don't choose what we're drawn to. I, for one, am drawn to finance, computer science, politics, rocketry and the occult.

>>16619947
>I only speak in meems
>>16619923
In other words: turn back now

You like the new MSFT American gaming utility vehicle?

>>16619967
>he isn't evil
being evil is cool
being not evil is lame

claiming to be a "good person" just means that you're probably boring; not the good kind of boring (quiet) but the bad kind of boring (talking about nothing)

Based The Onion

>>16619968
Lad. Once you're in, you can never go back no matter how much you want out.

And no, the new cubical gaming utility by the American software/cloud-computing multinational corporation Microsoft (NYSE:MSFT) is not for me. Not into bing bong wahoos.

>>16619980
It's literally the opposite. Every dumbass grug brain calls themselves an asshole and says "i'm evil heheh" with a huge dumb grin on their face and then the dumb bimbo nearby will laugh and say "i know you are hehhehe its okay i'm evil too" while thinking they are being unique. It's like how people think they are going against the system by attacking racism when in reality they are going along with the system.

>>16620008
That’s not even what bing bing wahoo means...

>008
>Trevelyn
>Janus
Two-faced as fuck.

>>16619803
Anon, I...

>>16619833
He has a few board seats now.

>>16619763
Damn it feels good having gotten in on this at $14.95 in my first investment ever (other than 401k shit I don't manage). Wish I had bought more when it dropped to $9 shortly after I bought in. Feels good being up damn near 200% though.

>mfw I'm 23% up on SAVA even after buying at 2.13
>mfw I refused to panic sell when it dipped to 1.50
APOLOGIZE TO SAVAanon right now.

>>16619377
From what it looks like, you like risk and living on the edge somewhat. This would make me suggest buying ProShares UltraPro S&P 500 ETF (UPRO) and/or ProShares UltraPro QQQ (TQQQ) both are in your price range.

Both provide 3x leveraged exposure to the index they track compared to their non leveraged counterparts SPY and QQQ. Simply put, you are seeing bigger gains when the times are good and bigger losses when the times are bad. Since the times are good right now, it makes for a good time to be in them.

Canon still suggests you buy SPY as a beginner. Always buy SPY until you know what you are doing. Even if you know what you are doing, have some SPY in your portfolio.

>>16619909
Based and BoJo pilled

>>16619923
Is that Kubrick’s monolith?

>>16620263
It does look like it, doesn't it?

Any Foodchads in the chat?

>>16620293
I bought 100 shares of Tesco and 100 shares of General Mills earlier today. What are ya holdin' mate?

Neat! I can’t wait for my 5 shares to moon!

>>16619503
Because you're using such low dollar amounts id recommend a brokerage that doesn't rape you with a fee for trading. Robinhood if you can, otherwise Questrade doesn't charge a trade fee for ETFs. Also because your poor, you probably cant afford high value blue chips, particularly if they're just going up ( see APPL ). So i recommend using your money to accumulate shares in an ETF with holds a basket of bluechips, preferably one that pays a dividend, then reinvest the dividends.

>>16619741
My TA from 2 weeks ago still stands. LCI is not a buy until it dips into the 7-7.50 range.

Once it touches the bottom of the channel it's been in for months, which is the range I mentioned above, it will be ready to begin its moon mission.

Anyone buying above 7.50 just likes to burn money. In that case, just give it to me. I will cherish and treat it right by buying at 7.25

>>16620317
Took profits on some Apple and went for some divvys instead. I don't believe Apple will have a good Q4 and can get back in next earnings calls dip. Tesco is aggressively expanding as of late. Q4 shall be good for them if Satan wills it. General Mills is General Mills. No explanation needed there. All signs point bullish even after they've lagged.

>>16619092
bought some solely for the PT's which I normally ignore, couldn't resist.

>>16619860
CSCO lol, what a slug. Useless stock. May as well buy bonds.

A friendly reminder to all. Even if you've burned your money YTD, know that managing a portfolio "for fun" makes you an outlier and better than the rest of the normies who are not trading their own stonks, let alone thinking about their personal finances. In the long run, if you keep at it. You will make it.

>>16620338
That drug sounds so Japanese. Say it with me senpai. ENHERTUUUUUUU

>>16619860
i got out of marvell because they just announced that if you dont buy shares before december 24th you won't get dividends which are $0.06 a share.

>>16620317
KHC and CAG. Probably will buy some KO when it's low along with GIS.

>>16620410
thanks fren

>>16620380
It's still outperformed the S&P over the past 5 years

>>16620410
I still feel like a poorfag

>>16620444
Do you think KHC can regain its former glory? (Millenials keep killing great American companies). I see them crabbing for the next few years unless they can revamp their product line or buy back their stock and acquire smaller more "health conscious" food companies. I've read that they are thinking of starting said revamp by changing their look to a more "eco-friendly" one (think green leaves on their packaging, more earthly tones and colors, etc). The theory goes that this alone would capture the eyes they've lost in the shelf-space they already occupy. Millenials like commie block bland utilitarian aesthetics (pic related). 2008 fucked us up real good.

>>16620516
Needless to say, tha KHC dividend yield is still thicc. I pray they don't take out from underneath the investor.

>>16620380
Sh-shut up

>>16620432
Apparently it’s named after the type of cancer HER2 (hertu)

>>16620438
You got out... because they declared their ex-div date?

>>16620149
whats the point of blacking that stuff out

wew lads always fun to see when you lose an iron condor over the weekend

Ugh. I let this Boeing fuck up FUD me out of LMT. Right before turampo announced this defense bill space force thing. I hope I didn’t fuck it up toooo hard.

Lmao at food”chads” missing the big ice cream opportunity.

>>16620577
He doesn’t want anyone to know how much of his net worth those 2X shares of AMD make up. It’s considered a little tacky to brag about one’s wealth.

>>16620594
Rite aid is only good for getting Gin for $8 instead of $9

>>16620663
Seems like it’s also good for ice cream
And getting +85.34% in a week on an earnings beat

>>16620689
Fuckin' rekt

>>16620689
thanks to me spending a fortune there

>>16620753
Still pounding that gin all day everyday?

Why are there so many black people in the new Witcher tv series? The one thing that annoys me the most about this diversity shit is that they ALWAYS cast ugly black people, have you noticed that? All black females have short stubby hair, massive forehead and a mouth that pokes forward. Why is that?
Man I hope Netflix gets shorted to the ground. 100% gonna short next earnings call..

What is the most patrician FoodChad ETF? Best gains, lowest expense?

Only two weeks till new IRA contributions.

>>16620585
Well. Looks like I’m the retard. Should’ve held strong or bought the dip instead of selling out of 80% of my LMT position and 62% of my Nintendo position... I feel stupid

This spending bill is massive, and the Japanese defense bill is also pretty huge. Might not be baked in to LMT yet.

Congress added an extra fucking billion dollars worth of F-35s than the pentagon even asked for.

>>16618830
Double saggy tits

>>16620788
sure do

>>16620574
yeap because people want dividends and if you do shit like cancelling it, it means you can't pay for it so when the yearly financial results come out it's negative and the stock drops and it's not worth the risk honestly.
I still made money off it, if i see it go above $27 i might reconsider.

This country just got a bit more fucked up. Soon you gotta be 21 before you can buy a cig. Same age to buy beer. But hey you can join the military/police at age 18 and kill people and shoot guns,etc with no problems. It's in the must do spending bill so yeah it'll pass.

>>16620985
Did they cancel their dividend, or just declare their ex-date? Are you new to this?

>>16620920
You’re a beautiful creation of the cosmos

>>16621012
Because kids in America are retarded.
They go out "to get DRUNK" instead of having fun.
Their way of fun is getting fucked up, beaten up, and vomiting by the side of a homeless man, blacking out, and waking up with bleeding ass.
In europe a lot of Americans ask for blended drinks, because they don't care about the taste they just want to dude weed lmao.
I've never seen this shit from other europeans, Americans are spoiled, they need to be parented, but since boomers and gen x are retards the government has to do it for them.
Why would the government raise the ages if they make so much money off these taxes?
Think about it, if the drinking and smoking age was 16, how much more tax revenue would they get...a lot more.
>>16621036
Just the ex date (December 24th so buy before), i don't have nearly the amount of shares to even care about the dividend, the stock is moving too slow for me, i'd rather put my money elsewhere.

>>16621012
>Soon you gotta be 21 before you can buy a cig
I think this is Trump's way of placating the vaping hysterics.

I was wondering if we could have a discussion. Every time someone brings up a crash, they are dismissed. But shouldn't we learn from our past? Every time a crash happens it is due to stocks going so high and everyone thinking nothing can go wrong, which is when things go wrong. It could happen tomorrow, next week, next year, we don't know. But shouldn't we acknowledge it can happen and try and predict when it could happen as signs begin showing up? What do you guys think.

>>16621155
The crashes happen as a means to take money away from the people.

>>16621155
Sure. There are already some signs of weakness. SPY flashed a sell signal at me just yesterday. Today was quadruple witching day so things were kinda wonky. I am now mild bearish on spy and expect some pullback although probably nothing scary or even enough to signal short term bearish reversal.

>Bloomberg podcast says: the one thing I’m most certain of for 2020 is ko recession
Well shit now I’m scared.

>reduce your market exposure if you’re in your seventies
Fuckers

>>16621104
It’s been talked about for years. MO, BTI, Juul, as far as I know it the whole industry has been lobbying in support of it. Probably to avoid a ban.

>>16621155
I only want it to happen to get cheepies.
>apple at 60
>amazon at 100
>Microsoft at 20

>>16621177
checked, juul needs to be banned, shit has more nicotine than 7 magnum cigarettes.
Also bitcoin futures are up, not sure if it's a bait and dump, but with the halvening coming soon, it's price might end up shooting so high it will replace most currencies.

>>16621183
>juul needs to be banned, shit has more nicotine than 7 magnum cigarettes.
You can select the amount of nicotine you want in those, from lots all the way down to zero.

>>16621183

>>16620970
>>16620997
>>16621008
>>16621083
>>16621085

>>16621183
How long have you been investing in or following the stock market?
How old are you and what social media do you consume?
Is there a brand of energy drink you prefer or purchase most often?

>>16621183
>it's price might end up shooting so high it will replace most currencies.
Nope. Something really nasty on an international scale would have to happen. Even then I imagine the default at that point would still be gold, not bitcorns.

Daily reminder to not listen to any name/tripfags on smg, specifically SNSS anon and LCI anon I am financially ruined thanks to them.

>>16621246
lol
hopefully you learned from your experience, maybe SNSS anon and LCIguy gave you a valuable gift for the rest of your life.

>>16621246
Indeed. Valuable lesson not to gamble on shitstockz, not to fomo in to Internet shills. Not to gamble your renbts

>>16621213
thx for the link bro
>>16621246
don't put all your eggs in one basket, chin up, at least you're not dead. Claim the loss on your taxes.
>>16621226
nonsense, the current plan is that all forms of physical currency are to be replaced so that only credit exists.
Then they put the microchip in you, and if you go against your government they turn it off, and you won't be able to buy or trade anything, it would as if you don't exist. It's mentioned in the book of revelations, and the bible, and it's actually been in progress for a long time now.
I know for a fact they've been opening up BTC banks, now they're doing Coin Funds and coin exchanges backed by FDIC like Coinbase.
it might not be bitcoin, but heck they could definitely do it if they wanted.

>>16621246
>The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact. Wew lad

>>16618805

Give it up

Time to get some Amazon stocks under your Christmas tree!

>>16619122

Based and checked. Infinitely better and more interesting than the usual politics and shilling that passes as content when the market is closed.

>>16621246

LCi is legit at least hold it or average down it’ll go back up anywhere between a month or a year. Wouldn’t touch SNSS with a 10 foot pole though if you’re in and stuck average the fuck down and pray for a catalyst pump like the rest of the Stocktwits weirdos.

>>16621395
You mean its time to buy some puts because Amazon is gonna shit the bed the this Christmas after fucking dropping Fedex.

>>16621535
>no concept of opportunity cost

>>16621601
fuck off bezos. stop fucking your maids.

>>16621179
silicon valley could be hit by a fucking meteor and the prices wouldn't be that low.

>>16621155
This is not why stocks crash.

>>16621155
You could continue to be a based retard...or you could read up on the Austrian business cycle theory. Your choice.

>>16621155
Yes, it could happen. In fact it definitely will, probably within the next year or two if the the Fed keeps pumping. This is what you can do: 1) De-risk your portfolio. 2) Hold cash, wait for cheapies. 3) preserve capital using gold.

You cant and wont predict the fall. You can however have a list of companies you'd like to own, and also have the means ready to purchase them at a glorious discount

>>16621179
I worked at AMZN when it was @ $50. Never thought of buying a single stock. Sad!

>>16621601
This for
>>16621486

>>16621173
>SPY flashed a sell signal at me just yesterday
I'm going to bed but I want to reiterate this again. So don't go all pink wojack next saying you weren't warned. The last time SPY gave me a sell signal was September 26th. SPY would proceed to drop as low as -4% from signal day close over the following four days (final day set the low and initiated the recovery bounce in same day). The previous sell signal was July 17th. Closing price for the 17th was 298.83, it rise to a nominal higher high on July 26th at 302.23, then dumped to a low of 281.72 on August 5th. That was a 6.7% drop, peak to valley.

That's all. My assumption is minimal further rising price action until Christmas but no determined selling without bad news. Serious business starts boxing day.

>>16622099
What sell signal? Some sort of moving average crossover? Some sort of move on volume or readjustment if short volume? Some sort of option hedging appear on your radar?

I imagine we’re overbought, but I’m not seeing anything bearish.

Do you usually post here?

What % dividend yield should I shoot for if I'm just starting out with dividend growth investing? Is going for $100k/$3k/yr too ambitious?

>>16622099
You can't just be this cryptic and leave >>16622139 unanswered. Wtf.

>>16622279
And you were also asked some questions
>>16621223

>>16622264
No way, man.

Is it stupid to be paranoid about a broker going bankrupt?

>>16619803
Sell on the next pump.

>>16619377
get a real job you won't be young forever

>>16621486
>average the fuck down
Are people seriously this retarded?

>>16620293
Never done food before, but bought TSN for the Chinese pork shortage, before Cramer shilled it.

>>16620516
What do KHC own that hasn't been replaced by cheaper supermarket own brands?

>>16623045
There are many different kinds of traders, and we all think differently. Day traders and swing traders aren't gonna average down, but long term investors absolutely do.

>>16623173
>but long term investors absolutely do.
That's not what he suggested.
>hope for pump and get out....

>>16621177

Bloomberg is running for PRESIDENT

You should not trust anything from Bloomberg until after the election, period. Some of them even went to straight up work for Bloomberg's campaign.

>>16619122
Check out the Saturn hypothesis. Saturn may have been much closer to Earth in the not too distant past.

>>16621246

all you had to do was buy real stocks anon.........

>>16623240
Hell, even shiny rocks would've preserved your wealth better.

Which of those stock brokers are available in Canada?

Is anyone else like way the fuck up on everything? I might actually get to move out of my parents house in a couple years
>>16623284
Just use Questrade

>>16623296
As some who knows jack shit about trading, how do i get way the fuck up?

>>16623305
It takes a while. I've been at it for 6 years, I got my first start with crypto shit and then moved onto stocks. With stocks you need some capital, when you get at least 40K or so you can start making gains way easier. My biggest suggestion is don't buy into hype unless you know what you're doing. Study basic TA and understand fundamentals and valuation of companies so you can make better decisions. Study risk management and learn about market psychology. You have to develop your own 'system' that makes you money, but it does get a lot easier after a while. You will make mistakes along the way.

Post dumpster fires you got out of just in the nick of time before they crashed. All I can say is thank god for TA for saving my ass on this one, no idea why people are investors instead of traders when shit like this happens all the time lmao.

Last night I had a dream snss jumped up to 5 a share.

>>16623305
just watch literally all of no nonsense forex's videos if you're a noob. best foundation you can get in trading and you can apply his algorithm to any market (mostly just a matter of understanding where supply/demand matters and where it doesn't). after that it's just about months and months of backtesting and then paper trading to make sure your edge on the market is good enough to be profitable.

it's basically a lot of up-front work but once you have a reliable system it's just a robotic process of grinding out wins with it over and over and strictly following the rules, remaining disciplined. if your money management and trader psychology are rock-solid you could be profitable in the long run by just flipping coins on every trade, that's a lesson that should have a big impact on you. creating a system is about improving your odds better than 50/50, the better your odds the more money you'll ultimately make in the same amount of time.

>>16621246
>SNSS and LCI
are they not legit ong term? why?

>>16623305

Make your investments on objective facts. Really all there is to it. Not just metrics, but how the business actually functions, where it can grow, etc.

People shit on analysts all the time, but the ones that write a narrative like morningstar are a good starting point for this. Just... take their ratings and price targets with a grain of salt because they're always wrong.

JNJ is a good example. It's a very old company, one of the most solid in america, member of the Dow Jones. But for the last year its performed like absolute trash because people were afraid of the baby powder talcum lawsuit caused by chinaman supplier doing shitty quality control. People are starting to realize being down for the year when its doing fine aside from a lawsuit is wtf and its rallying harder end of year than the rest of the market.

>>16621486
what will be the catalyst pump?

>>16621535
>dropping Fedex
just means Amazon are ready to ascend another tier

>>16619170
>It means when the shills come here trying to get you to buy
why would they do that? this board has no sufficient traffic

>>16618769
https://twitter.com/zeroabsolutes/status/1208390740860121088

I've been thinking about opening an IB account, I see it has API access. Any other benefits?

>>16623186
>You should not trust anything from Bloomberg until after the election, period.
This

But don’t trust anyone except family anyway so yeah
>me against my brother
>me and my brother Hades against my pater Saturn
>me, Hades, and Saturn against the incel Titans
>me, Hades, Saturn and the Titans against mommy Gaia
>me, Hades, Saturn, Titans, and Gaia aganst grandma Ur-Dragon of the Chaos Ocean

>>16623426
Shirley, you can't be serious...

TURN THE FUCKING MACHINES BACK ON WTF AM I SUPPOSED TO DO ALL FUCKING WEEKEND I NEED MOVING CHARTS AND CANDLES FUCK YOU REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Suggest something to invest my remaining $20K with

>>16623974

Austrian 100-year 1.2%

>>16623974
LK, McD, SAFM, NSRGY, K, NKE, SNE, SPY, BABA

Me will hit Grand Mashral in 5 weeks then WoW grind finally ova

>>16624096
Call me when TBC arrives

>>16624107
I don't understand vanilla nostalgia. The itemization was complete shit for ages. High level gear had lots of garbage stats that were inappropriate for your class

WoW was nothing more than an addiction for me and i'm really glad I quit that shit

>>16624128
I love MMORPGs that are not as balanced as the creators can make it, it creates fun opportunities that is needed in a game like WoW. Look at retail, no fun allowed and the game is pure dogshit. Instability and unbalance makes classes more unique, hence enhances the entire experience. The problem with classic WoW is the lack of content, you clear the raids in one single night and then you're just sitting there farming gold because there's nothing else to do for an entire week. Sure you can farm for pvp ranks, but the hours you have to put in in order to not plateau at rank 9-12 is not exactly worth it considering BWL comes next month, phase 4 with ZG will probably release 2 months later because it's pretty much a catch-up phase and phase 5 with Ahn'Qiraj will arrive 2-3 months after that. So is it worth the grind? Considering BWL gear is equal to the epic pvp gear and you'll need a mixture of items to mix-max in pvp either way. So the people that actually manage to get the epic pvp gear might have fun for 2 months before everything catches up again.
Also, other than having fun in open world pvp.. what's the point in spending 8+ hours a day farming honor when there's nothing to do with it? You won't get an advantage over players in arena rankings because it doesn't exist, so.. why? I think everyone knows arena is the reason pvp survived in WoW, without arena pvp is bland as fuck.

I love classic WoW for the simplicity and how much fun you can have fucking body slamming players with bad/average gear if you put the hours into getting the best gear. But even that gets boring after a while, which is why I want TBC. TBC is just a perfected classic WoW if you ask me, I know classic people will disagree but.. come on now. I still rank classic above every version of WoW except TBC just to point it out.

>>16623720
Based drebin poster

>>16624417
How do you care about a video game this much
Lol

>>16623974
I'm pretty sure GILD will be an extremely nice stock for 2020 and forward (not to mention the dividends you get on the side). The new CEO made some much needed changes that dragged the sales down for the past few years but it seems like they are ready to step it up now with the change in product portfolio which they think will set them up to become an largely "independent entity". Also the price is down by roughly 50% since its peak back in 2015 so there's that.

I haven't bought yet but I'm strongly considering it, mostly because they have now proven to stay profitable for the entire year. Beating earnings and more, for example.
Earnings 2019 Q1-3:
>9.30% 5.80 0.60%
>Was -15% in 2018

Sales growth
>5.00% 0.60% 0.40%
>Was -1.60% in 2018

>>16624692
All I do is trade, invest and play games

>>16623350
Most recently Loblaw. It's not really a dumpster fire but it did drop a decent amount after i pulled out.

>>16623912
Speaking of which, 24th is early close, closed all day 25th, and leaf markets closed 26th because it's a stat holiday in leafland.

>>16624750
>closed all day 25th

>>16624759
Sone kinda norman holiday i dunno

Try not to forget to do your dd on sava! If you want to get rich, that is.
Also the galt ticker won't exist for too long, this is the last time to get these for christmas!

>>16623350
my grandpa bought some funds for me in a Morgan Stanley account when I was <5 years old. I took ownership of the account in 2018 and told the advisor to sell everything and send me a check of the proceeds because I was recently Vanguard-pilled about expense ratios and advisor fees
I got out of the market with $45k right before the slide down except for some of the $10k I had immediately put into VTSAX

>>16619803
absolute madman

>>16624904
Why VTSAX over VTWAX?

Hey faggots, I'm a corporate accountant. I'll answer the first 5 questions anon asks. You probably remember me telling everyone to buy TRQ when it was $0.42. Might take a minute I'm busy teamkilling in a CSGO game.

>>16625131
Highest reward/lowest risk thing to do at open Monday?

What is the entry point for BYND anons?

>>16625131
Fucking ball fondlers

>>16625225
May 1st 2019

>>16618864
yea fuck school

>>16624417
What's the saying?
Fun when new, boring when established.

>>16625218
That's the million-dollar question isn't it haha. I'd tell you to choose risk or risk adverse.

Reward and risk are related, you can't have both. If you want risk I'd go for PCG, if you are risk adverse I'd tell you to continue to dollar-cost average NOBL, or your selection of that etf's holdings. Not a crazy answer, I know. You have to know your risk tolerance and your risk appetite for your goals and where you are in life and invest accordingly.

>>16625235
They pay me too much not to fondle their corporate balls.

>>16625293
Tell me a good technical indicator

>>16625323
Technical indicators are a self-fulfilling prophecy at best. In the finance field they write entire dissertations on how fucking retarded TA is, and how the proponents of it are just the result of survivorship bias. Don't listen to me though, look that shit up.

That being said TA works because all the fucktards that buy into TA make it work as a self-fulfilling prophecy. Financial institutions program the TA in now for trades to fuck these guys and trust me you aren't faster than the computers.

>>16625359
thats a great technical indicator, thanks anon

>>16625372
That was the answer, there are no good TI's. Sorry but the get rich quick scheme is just that.

What are some fool-proof stock investments for babbies first trade?

>>16625375
Do you trade?

>>16625382
Buy stocks that have symbols consisting of only one letter.

Happy winter solstice, /smg/.

>>16619503
Man
Ugly man too

>>16625388
Yes, my main port is 400k. Last buys were into VEU, CGC, and CRON at 30k, and 10k respectively.

>>16625417
Do you pick your stocks just on fundementals? What do you look for?

>>16620594
>ice cream soaring
>too late for DF

>>16625435
Fundamentals and market sentiment. I buy into the efficient market theory shit they peddle in reads like "a random walk down wall street", but I don't buy the hard theory. The market is efficient, but not perfectly efficient and I capitalize on over-reactions and underpriced stocks. It's harder to fine underpriced companies these days since everyone has the information, but buying calls of PCG a few weeks ago was not a hard choice. If you think the trade deal with china is going through for example buying MMM, ADM, and X will make you a huge fucking return. I'm in all 3 with calls and actual stock right now. It is not as risk in this case =/= reward since I think the inefficient market has underpriced these companies.

>>16625390
That's not bad advice tbqh.

>>16625477
Market sentiment as in the reaction of people in news etc right? Any good reads on this?

>>16625390
I don't quite get it.
Are you talking about their value or the name of the stock?

>>16625536
>Market sentiment as in the reaction of people in news etc right?
Yeah that's exactly right. People are not smart and freak the fuck out all the time over everything in every direction.
>Any good reads on this?
Not that I know of. I guess I'm a contrarian investor at least partially., and it makes cheap buys easy you just have to have patience. I just blunt my huge risk appetite with diversified ETFS like VT/VTI/NOBL/VEU and bonds.

>>16623974
LSE

Growth over the past year has been insane

Next thread should have OP image of clown pepe and his trans gf.

>>16624816
How much would I need? I'm actually going to borrow money from my rich bitch sister and she wants to know how much i am asking for.

>>16625589
For example the company Microsoft has a symbol of MSFT. Then you have companies like AT&T which have a symbol of just T

>>16625700
Thanks, fren.

>>16625131
Any upcoming moon missions you heard about. This place also has sava, snss, and lci shills, should they be listened to? Pick up a trip btw.

I had a dream I should keep 5% of my portfolio in crypto

>>16625756
5% is fine, but only buy bitcoin. Nothing else

>>16625714
Speculative amateur tip: Blackberry. They're undervalued for the niche they have opted to occupy after losing the smart phone wars. Blackberry is now about security software mainly and they have government contracts in place. Also just beat earnings last week.

I/we have no current position in Blackberry.

Who all 100% on SAVA? Thank you savaanon I hope you get sucky ducky long time

>>16625756
Fuck crypto

>>16625131
First off forgive me, I'm 3 weeks new to trading so my question might seem a little dumb.

Do you feel like buying shares for short term (day trading/swing trading) is less effective than option trades? I've been doing a lot of research and this week I learned about calls/puts since I saw some really impressive portfolios in a group I'm in from guys that almost strictly option trade.

I think I'm a little too impatient when it comes to buying/selling shares, at least in the short term. I'd rather have a set call/put and watch my stock price/theta closely and either win or lose quickly.

Just wanted to know your opinions on all of this. I use Think or Swim to look for entry points (poorly, mind you. Trying to improve.).

>>16625714
TRQ is going to at least $1 in the next 12 months, and best scenario $4 in 3 years. If you look at why the price took a shit its because of some accounting witchcraft that the parent company was burying in a sub. The mine is going to get up and running and then off we go.

>>16626140
>37% in 12 months
Whew

Are you guys feeling Bearish about RAD? This is purely my speculation but I see no real reason the price holds here. Thinking I might buy some Puts for 27 Dec.

>>16626123
>Do you feel like buying shares for short term (day trading/swing trading) is less effective than option trades? I've been doing a lot of research and this week I learned about calls/puts since I saw some really impressive portfolios in a group I'm in from guys that almost strictly option trade.
I'm gunna start this with pic related. If you don't know who the "Oracle of Omaha" is it should be a message to yourself right now because he's a legend in the investing world.

Go google survivorship bias. Go read "A Random Walk Down Wall Street". Don't listen to anon. Don't listen to me. Educate yourself and realize that the get rich quick scheme is just that. Self-discipline and patience make a good investor. Intelligence helps, don't get me wrong, but there's a fucking formula that virtually guarantees a comfy life at a certain net worth. Do you think you are smarter than the market? Do you think you are smarter than the assholes like me that went to college for way to goddamn long and did way too fucking many consolidations and M&As to count? You might be. Patience and self-discipline trump knowledge and intelligence sometimes in this field. Some fucking retard following the 100-age rule for stock/bond allocation in index ETFS will statistically beat your fucking ass in the long term with returns. I'm being serious. Most professionally managed accounts fail to even beat the S&P 500. That 1/3 that do is what you are looking for though.
>
I think I'm a little too impatient when it comes to buying/selling shares, at least in the short term. I'd rather have a set call/put and watch my stock price/theta closely and either win or lose quickly.
Dopamine is a hell of a drug and it doesn't last long.
>Just wanted to know your opinions on all of this. I use Think or Swim to look for entry points (poorly, mind you. Trying to improve.).
I'd tell you to invest 50% into NOBL or VTI and do whatever the fuck you want with the rest...

ONTX, posed for some good news early jan which will send the stock flying (I hope). Hell even if it hits 4 I'd be 8000 richer than I was before. Dare to hope that my 2000 shares will one day be worth 20 a pop. 40,000 in an eye blink.

>>16626240
Your short term wins are cute. Understand that in the long term you get FUCKING DESTROYED by a goddamned index.

>>16626267
>>16626123
...cont
Take the returns over 10 years and see how you did against those ETFs. Statistically you will not beat them. Even as a professional 2/3 of the time you will not beat them. This drops even farther the longer you take the time frame out to single digits. Do the litmus test for 10 years and if you are in the top 15% of professionals that are smarter than the market, which is less than 1% of Joes (I stand behind these %s), then say "fuck anon" and do your thing and hope fuck it isn't a narcissist complex or survivorship bias or just a hot streak.

1/3 professionally managed account beat the market every year. Less than that beat it over 10. Much less than that beat it over 20. Half of the ones that do in my best guess are insider trading. There's a LOT of insider trading still going on ahead of earnings. It will always be there.

Godspeed anon. Read "A Random Walk down Wall StreeT". It will do you good. I agree with 90% of the author's sentiment.

>>16626305
>Understand that in the long term you get FUCKING DESTROYED by a goddamned index.
What do you even mean?

>>16626267
I'd like to own a share of brk.a someday

>>16626327
Most professionally managed funds fail to even beat the S&P 500 index with returns on average. That's just for a year. Even less over a longer time span. You are not a professional.

Either you are some kind of fucking rocket surgeon genius that is in the 15% of professional financial managers that beat the the index for the given year (emphasis on the GIVEN YEAR) or you are lucky. IDC about your 30% return. Fuck I don't care about your 300% return this year. Let's see how you do over 50 years and the facts are you prolly don't even beat SPY.

That's what I mean and those are the statistics and that's how it is. If you actually had the magic answer for a 300% you wouldn't fucking post it on /biz/ that would cut into your profits. The formula for investing is pretty simple and you can improve it slightly with way too much fucking research/DD/education/intelligence.

You are the dogs of the dow at best, but you are punching so fucking far up you don't even understand what I'm talking about.

>>16626369
Buffet might be past his prime. He missed some huge opportunites for his beloved BRK since he is a value investor and didn't evolve with the market tech he is losing returns annually. BRK is almost TLT at this fucking point.

Guy has some great messages though. He's right about a lot of things but I think value investing is on the down right now due to information exposure. DotD syndrome.

>>16626267
>>16626305
I'm the anon you replied to. I have reason to believe you know what you're doing. You definitely know more than me. I think I'm a smart guy. I know I'm not a stock genius. I'll buy Burton Malkiel's book this week, probably works best for me if it's an audiobook but that should do.

Listening to him now he seems like a learned/experienced man with a lot of respect in the investment world. I'll start taking a look at index funds and allocating at least half of my portfolio there.

Do you just hold your shares in VTI/NOBL/etc. indefinitely? Looking at MDY, they just keep going up every year, looks promising.

Thanks for your responses. Again I'm 3 weeks new to this, but it fascinates me so here I am.

>>16626327
He's talking about compound gains, contributions, and time all racking up loads more value for you. But the catch is two fold. One is time. The other is the initial seed money. The older you are, the less time you have to rack up value. Also the more upfront money required to create value. Cause you know since your older, you have to play catch up v.s some dude who started at age 18 with less seed money required. Ex: Your age 30. Roughly 35 years till retirement. You start investing. Other dude who's age 18. He starts investing. He's got 47 years to let his investments grow. His seed money requirement is less than the 30 year old cause that 18 year old has 12 more years of investment time than the 30 year old has.

>>16626401
Or maybe his strategy is one that minimizes the damage during periods of large drawdowns rather than maximizing the gains from bull runs.

The guy was buying the hell out of financials when everyone else was running scared because of muh yield curve. And now they’ve had a massive run since then.

>>16626446
Why would anyone retire at 65? I'm gonna retire before 30.

>>16626430
>Do you just hold your shares in VTI/NOBL/etc. indefinitely?
Yes, it's usually called "dollar-cost averaging". It's a "never keep all your eggs in the same basket" strategy designed to mitigate risk. Diversity = less risk. Diversity past 50 or 60 securities does however give such small diminishing returns that it isn't worth it in some people's opinions.
>Looking at MDY, they just keep going up every year, looks promising.
Be careful since everything is going up every year right now. We are in the middle of a huge bull run that might keep going for years. MDY is nice. It's a good pick. Look at the expense ratio (0.09% VT is your gauge) and decide if it's worth investing in vs a standard all market index with lower fees. Those fees compound over time and although it isn't much it's worth considering.

As far as index or full market ETFs go it depends on your strategy. Small-cap beats large-cap over time usually for returns. That extra return bears risk though. MDY is the middle of the road for everything it seems. Not a bad way to go. Me, I'm really a sucker for dividend aristocrats like NOBL but the expense ratio is high af. I also have a HUGE risk tolerance for the other 50% of my port, so I'm very conservative with my ETF picks. MDY is nice dude.

>Again I'm 3 weeks new to this, but it fascinates me so here I am.
If you take accounting 201 and 202 (introduction and managerial) or educate yourself on those basics it will help a lot. That's about 70% of accountancy in 2 classes instead of like 20. I bet you can find free classes online and then the P/E ratios and shit and how they write off intangibles to sink assets thus lowering SE and then price will make sense to you. I'm a corporate accountant and I literally help make the financial statements of a fortune 100. I don't trust financial statements completely. That should give you some indication of their relevance.

>>16625131
You got two more boiz or until this thread dies. I'ts 5.

>>16623186
>>16623686
It’s just shit about reallocating funds to bonds or small caps or whatever. Not everything is about the election, and I’m not sure Bloomberg even wants to win. Running might be profitable enough.

Suspicion is good, always wise to think about the sources biases and interests, but I wouldn’t assume you know what’s driving the big boys to make their decisions.

>>16623541
Is this a joke? You can’t think of any reasons? These are small timers too so they benefit from any other small timers taking the other side of the trade. Especially during what’s about to be a very low volume period, the more moves can be exaggerated by a few fools making poor decisions.

Not to mention: you’re assuming that these are well considered rational moves, and not people who are deluded into either thinking their shilling has a lot more benefit than it does, or are irrationally in love with their stock, or just enjoy seeing others suffer from making bad trades.

>>16626521
eh, 50 sounds nice. I need at least 100k USD passive adjusted for inflation to feel gud.

>>16626554
Best big pharma to buy at these prices and write calls off of?

Which sectors you have most conviction over/under weighting into 2020?

>>16626583
Holy shit that's a loaded question, you gunna make me do math. I'm not confident with my pharma since the industry is so fucking unpredictable and I avoid it. I'll tell you when I don't know my shit and that's one of them.

>Which sectors you have most conviction over/under weighting into 2020?
If the trade deal goes through steel and agriculture skyrocket. I'm heavy into X calls and ADM right now.

>>16626577
Same. I will probably go work for one of those prop shops like Jane St when I graduate. I don't know that much about trading but it seems to me the only ones that are making money trading are market makers and arbitrageurs. Also those firms have some insane salaries like $300k for a new grad.

Anyone got some good DD on SPCE and the cool cat Branson?

>>16625131
I've been capturing a bunch of data for the 8 biggest gainers and 8 biggest losers on the market every day with the intention of feeding it into a machine learning algorithm - so that I can know if a given stock is one of those top 16 whether or not it will go up or down on the following day. Am I going to find anything of value or is it all just noise?

>>16625059
I don't wanna deal with form 1116

>>16626659
fucking kek

>>16625059
Why VTSAX over VTWAX?
say them both out loud and ask yourself which one you'd tell ur mum you put money in.

>>16626607
You're like that one bigtime lawyer that used to post here when /biz/ first started. You are giving the same advice

>>16626583
>>16626607
is writing calls really that good? i see a few anons mention it every so often

>>16626264
Hard to say, it did break the upper support during extended hours which means the 12-11.50 area will be tested next. The thing is though, if they decide to pump it from somewhere it will be at the 12.11.50 area so you might end up getting screwed since your entry will be where they are going to aim for.. if traders sees it as bullish they might even blast it from the swing high of 12.50.
Pretty much just a gamble honestly, up to you.

>>16626380
I "whew'd" you because you're talking about a 30% move during a 12 months time period in a stock that has done 80% moves in a matter of days. But let's put it like this, you're going to INVEST in a penny stock over a period of 12 months in hopes of it increasing roughly 30% in value and average out at around $1, right? Why? Why not invest in solid companies like Microsoft, Apple, Visa, etc etc.. that will probably make the same returns or even better? I mean the list is almost endless of solid companies with a structure that can be trusted. What if the penny stock screws up? What if something changes that forces them to lay low or whatever? It's both a penny stock and a mineral company after all..
I don't see the sense in that, holding a penny stock for 12 whole months in hope of it increasing a mere 30% is not something I have ever been recommended by experienced investors, kek'd. I mean I guess I get it if it's a fun investment with money you don't really care about and will just sit around either way, but 12 months for a penny stock..? I don't know man, you do you.

>If you actually had the magic answer for a 300% you wouldn't fucking post it on /biz/ that would cut into your profits
300% is excessive. I have posted about certain trades for a couple of months here though. GME, CGC and EFR for example as the most recent ones. All of them have done over a 20% return. EFR was even a service for a guy here, which he made 21% from in 3 days (19% if you count the first trade that stopped him out).

>>16626656
If you think goldman-sachs didnt do that shit already and do it better idk who u fooling. Not being an ass, jus a reality check.

>>16626240
It's not unheard of for mining stocks to violently pump out of nowhere.

>>16625951
I really need it to go back down and get some. Then just forget about it for a year or two.

>>16626801
Imagine being such a faggot intimidated by other men you end up too pussy to even try. Slit your own throat if you're that scared

>>16626801
This. Top investment banks are orders of magnitude ahead of us in terms of: # data points, # of quants, level of education of each quant, leverage, etc etc.

This is an asymmetrical battle you're fighting. Your best bet is to capitalize on their own limitations by investing in value picks based on underlying fundamentals. Large institutional investors are at a disadvantage with what companies they can buy, and when they have to sell.

>>16626856
Faggot number two. You should both go suck each other's pussies

>>16626852
I’ve never seen someone get this angry at a LARP lmao

>>16626852
Imagine being this bent out of shape by a basic observation. Not going to make an edgy suicide comment, just get a grip.

>>16626837
TRQ didn't "violently pump out of nowhere". TRQ stock got fucking destroyed by the parent company rio burying their losses and the market over-reacted as usual so buying at $0.42 was not a terribly unsafe purchase and it paid off just like my pcg and x calls. I stand by my TRQ calls in this thread, it's one of the few undervalued companies in the market rn. Unless mongolia fucks me but that's a totally calculated risk my nillas.

>>16625131
You guys got 1 more and I've done my turn. Anon helped me out, I help anon out.

>>16626865
>>16626866
Shut up bitches. Go give your money to your wife's bull

>>16626865
>>16626866
imagine imagine-posting.

>>16626871
How are you structuring your portfolio into 2020?

>>16626852
I didn't try, I did and I've done pretty fucking great. I do tell people what the rules are though. I didn't write them, but for fucks sake you got to know how to play.

Stop being a dumb faggot and contribute something past a shitpost.

>>16626862
>Go suck a pussy
Of course you'd consider that insult

>>16626871
Least we don't code a 201 level scraper then go into hysterics at being told how silly it is. You fucking moron. Please respond with another plebbit insult those are always fresh.

>>16626801
My goal isn't to beat the big firms. I'm fully aware that the amount of data/time/effort I'm able to put into this is kindergarten-level compared to their resources.

Instead, I started this because I have a margin account that I haven't been using and I realized that if there were some sort of algorithm that I could use that could reliably get me *something*, rather than the current nothing I get, from that money, then I come out ahead. Starting with the day's top movers seems reasonable because they all seem to move a whole lot the day after too. I just need to figure out which direction they move, that's all.

>>16626871
>>16626886
>>16626862
>>16626852
4/10 for two responses. You did good.

>>16626305
>Read "A Random Walk down Wall StreeT". It will do you good. I agree with 90% of the author's sentiment.

oh great, it's one of YOU people... complete bullshit btw, the market isn't random it's closer to a force of nature like the flow of a river. and i say this as someone who day trades for a living but hey you do you. there's a huge difference between a retail trader trading tens or hundreds of thousands of dollars vs. buffet controlling literally BILLIONS of fucking dollars, of course the liquidity simply isn't there to do short term stuff with that, easiest apples to oranges comparison of my life.

>>16626884
>How are you structuring your portfolio into 2020?
All in SOXL and /ES giving no fucks and not even remotely afraid to take every dime GS and JPM are willing to give me in the process of algorithmically shaking out weak handed little fagggots like >>16626886, >>16626888, and >>16626900 who are so scared of what another man might do you're too pussy to even punch buttons on a keyboard and are arrogantly stupid about it

I gotta admit I had a greedy thought. Thought about selling my AMRN, buying 10,000 shares of ONTX, stuffing a bit into my SWTSX and the rest (16,000) into the bank. Then even a spike of 4 would've netted me $40,000. But then common sense prevailed. There's more upside still to come with AMRN so if I sold I'd miss out. Also better to have two things that could make you a nice pile than just one.

>>16626889
Well if you goal is to beat the average Joe (SPY) that is pretty hard. Not impossible but the time/knowledge/luck or whatever in the formula is difficult. You could be one of the guys that beats him. You probably aren't but people are resistant to that kind of retoric.

I think your best, highest profit chance to beat the market aside for insane options trade is to just ride IPOs desu. Normies are retards. You have to always put yourself in the place of a 100 IQ normie on facebook and the average 110 IQ wall street trader reading the WSJ and know what's going through their mind to to beat the market imo. look at so many IPOs like BYND. Buy in at market open ride that shit shit out and just creep up your stop loss. If I had more time and trusted it more I'd just follow IPOs and biomed companies.

>>16626917
Go read what I said about the parts I didn't agree with (idk why I'm asking bc I doubt you ever read it) and you will understand the statement. The market IS rational.

Yes there is noise.

Yes it over-reacts.

No, stock price is not a perfect valuation of a company.

But you didn't read it and you don't know the differences between the difference efficient market theories and you are mad someone challenged your TA or whatever. Please let me be wrong. I like to be wrong. I don't think I am in this case though.

>>16626955
>Aborting the AMRN babies before the HB
Don't do it bro! You know there is a law now that you have to look at an ultrasound image of the baby before you abort it (KY is so fucking based for that law)
How sad would you be if the holy buyout happens after you sell your AMRN?

>>16626930
>>16626930
I do like SOXL... if i had to buy and hold and couldn’t buy the lows of the day and sell on later rallies.

But I prefer calls for leverage. Any reason you’d rather buy SOXL than SOX calls? Is it just easier?

>>16627049
>But I prefer calls for leverage. Any reason you’d rather buy SOXL than SOX calls? Is it just easier?
Yep. I like SOXX and have quite a bit of it in my back-up non-leveraged retirement IRA but for trading I prefer not dealing with Theta and the non-linearity of options though I do dip into some SPY calls when the dip gets real good and juicy. For what it's worth though I highly encourage a skilled trader to use options and if you're really skilled make it the core of your strategy.

>>16627020
Yeah I know. That's why I didn't do it. More upside still to come. Can always add more ONTX with some of my payoff money.

>>16627077
Great to hear
I'm always hoping for the best for you and your future retirement income : )

Anyone else in SGEN? We’re gearing up for a pullback, or can this baby still run? Hitting those upper bollingers is generally a dangerous place to be.

>>16627066
>highly skilled
Kek no definitely not me. I’ve had a nice +45% move in my portfolio since I started fucking around with calls, but I need to slow down or I seriously might blow up my portfolio.

If you’re the same guy that always posts about soxl, im the one who’s been dying to buy TECL SOXL and PILL, but we never get a pullback and we’re too damn close to the top of the monthly bollinger for me.

But January will be the time for PILL, LABU, and/or IBB/XBI calls.

Pic related.

>>16626882
>he doesn’t imagine

>>16627139
Thanks. Good luck to you as well. Hell I've got 2000 shares of ONTX now. Even a small spike would be good. To say nothing if a large one happened. Say 20+ a share.

Anyone want to run some TA on CRM or LHX? The hedgies were getting in pretty hard Q3 and they haven’t run THAT hard. LHX been stalled for some reason, maybe Boeing related. But CRM maybe just profit taking.

There’s too many interesting stories out there... I’m not sure IFF deserved to take that hit either. LMT, NTDOY, BMY, LLY, MRK, BRKB, NVDA, MRVL, CSCO, BLUE, SGEN... I like stocks

>>16627007
>Burton G. Malkiel, an economics professor at Princeton University and writer of A Random Walk Down Wall Street, performed a test where his students were given a hypothetical stock that was initially worth fifty dollars. The closing stock price for each day was determined by a coin flip. If the result was heads, the price would close a half point higher, but if the result was tails, it would close a half point lower. Thus, each time, the price had a fifty-fifty chance of closing higher or lower than the previous day. Cycles or trends were determined from the tests. Malkiel then took the results in a chart and graph form to a chartist, a person who “seeks to predict future movements by seeking to interpret past patterns on the assumption that ‘history tends to repeat itself’”.[5] The chartist told Malkiel that they needed to immediately buy the stock. Since the coin flips were random, the fictitious stock had no overall trend. Malkiel argued that this indicates that the market and stocks could be just as random as flipping a coin.

You're backing a guy who thinks coin flips are the same exact thing as a market of real people (or to a larger degree, programs which are created by real people to react to what real people do in the market), I mean... I rest my case?

That's just false, I don't even know what the argument is supposed to be? If you're going to argue hedge fund returns vs. index, next time make a distinction between someone trading tens or hundreds of thousands of dollars vs. someone who has to manage literally HUNDREDS OF BILLIONS of dollars.

>>16626967
I don't even need to beat the SPY (although that would be a best-case scenario). Ultimately my goal is to make money with my margin account, even if what I do underperforms the market; after all I have over $100K of margin buying power and it sits there unused, earning me $0.

>>16623912
Sports betting/Poker is how I fill the void

>>16627280
What do you pay for the margin? Any reason you couldn't just dump that $100k into SPY and match the market by default?

>>16626401
He's not past his prime mate. That has been his strategy forever.

"Charlie and I have always preferred a lumpy 15% to a smooth 12% return" is a classic Buffett one line zinger that explains why Berkshire's premium growth graph over the years has looked "sawtoothed" when compared to the S&P or others in the industry.

>>16626727
if you like money, yes. Write covered FD's, and let the degenerates have fun with their moon missions.

>>16627148
Yeah I go on and on about SOXL and UPRO/SPXL et al on here and laugh at the efficient market hypothetards and you're definitely onto something with PILL. A good dip there next year will be basically free money. Ultimately what kills retail traders' is not Goldman Sachs or the EMH boogeyman or what have you. Despite what the clowns in this thread think, the number one problem is a simple lack of consistently. Pick a strategy with some edge and keep doing it. Simple as that. If the strategy is all in 3x ETFs then as the price drops, buy more. The only thing JPM and GS can do is dump the price and that's where retailers get screwed. They panic, capitulate, and sell. Then you get jokes like guys in this thread mewling about efficient markets and shilling trash like Random Walk down Wall Street. As long as you stay consistent, dont get scared out of your statistically likely winning position, you'll wipe your ass with the paper the EMH and modern portfolio theory are written on, and make it.
If you lack consistency though you will never make it.

>>16623350
Stocktwits has become a personal favorite source of intel for me as of late. Always be contrarian and go against the crowd.

>>16627260
You missed the entire point of that experiment.

> I don't even know what the argument is supposed to be?
You are taking the efficient market theory at face value because you know so little of it. I don't think I can articulate it any clearer than what I have before in this thread. Enjoy your losses. Keep moving the goalposts tho and investing your hundreds of billions of dollars. What a fucking shame.

>>16627295
My money's in Fidelity, so 7.825%. I haven't really thought through the ramifications of just dumping it into SPY and letting it sit while racking up interest. It could work, I guess. I'll have to read more about their margin policies.

>>16627419
>Always be contrarian and go against the crowd.
This guy half gets it.

>>16627280
>I don't even need to beat the SPY
I mean, no you dont NEED to but if you don't at least match you are fuckin stupid. That's pretty established.

>>16624417
>bwl

FUCK
wonder if the FDA is biased against GSK because they’re Uk based and this would compete with US based GILD. Well it’s not like it’s their only drug.

>>16627411
>your statistically likely winning position
Heh heh I really can’t make any claims to that. Haven’t refined my strategy and I’ve backtested jack shit.

I’ve capitulated at the wrong times, but I’ve also held much longer than I should have. Fighting the tape is a bitch.

>>16627450
What is the other half that I am not getting senpai. Please do tell. Baka!

>>16627425
do you think the market is entirely random and unpredictable or not? simple question. i say this as someone who day trades for a living with TA so im curious how im doing this on a daily basis if that's the case.

when i see a self-described "corporate accountant" on an anonymous imageboard telling people to give up trying to do better than "the professionals" it makes me more than a little concerned. what's your game? i'd also like to just throw out there that you're referencing a book that was published in the 70's and it's currently almost half a century later. i don't know if you've noticed, but quite a few things have changed in that time.

>>16627656
>>16627656
>>16627656

>>16627656
>>16627656

>>16627656

post in the new thread NOW
the SOLSTICE has arrived

>>16627656

>>16627656

>>16627598
Ive been making money off the same TA strat for 4 years now, just ignore brainlets that dont understand how to invent new TA

>>16627598
>do you think the market is entirely random and unpredictable or not?
no lmfao, that was obvious through my previous posts.
>i say this as someone who day trades for a living with TA so im curious how im doing this on a daily basis if that's the case.
survivorship bias in the biggest bull market in human history maybe idk haha
>when i see a self-described "corporate accountant" on an anonymous imageboard telling people to give up trying to do better than "the professionals" it makes me more than a little concerned.
Why? It's just a statistical fact. On a side note, some of us actually aren't larping and it should be evident through posts. Sift through the pile of shit and find diamonds amiright?
>what's your game?
I don't have a game I help anon bc anon helped me.
>i'd also like to just throw out there that you're referencing a book that was published in the 70's and it's currently almost half a century later. i don't know if you've noticed, but quite a few things have changed in that time.
your quick google search was cute. I'ts been updated every few years. Last version I PERSONALLY READ was 2012. Come on dude. Just throwing that out there haha....