/biz/ - Business & Finance

TESLA will go down soon r-right bros? I have June puts 400 strike im getting raped

>>16788082
so what now when ww2+1 is cancelled for good
is oil still a good investment?
up-and-coming oil companies such as AOI?

>my QLD pays a dividend of .15 a year
BASED

I'll never get tired of Trump being my President

>>16788106
>oil still a good investment?
Has oil even been a good investment in the last 5 years?

>>16788095
>>16788095

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

The head of Tesla AI is awesome. Hope that helps.

COCO-NATSU

Heh. I didn’t get past the first episode of that anime because I didn’t want to be tempted to eat junk food.

>>16788111
I would be remiss if I did not check those fine digits and extraordinary based post content, so here I go

>having puts in a bull market
lmao

>>16788095
good luck but i would never touch tesla, never underestimate the markets ability to remain delusional longer than you can stay liquid. and this is the final boss of cult stocks here, maybe it drops this month maybe it goes to 800 dollars who fucking knows, all i know is the company doesn't make any fucking money and it keeps going up and i don't want to touch it either way because holding companies that don't make money is a great way to get burned.

I love you guys...

COCONUT!!!

TSLA bears make sure to watch this
https://www.youtube.com/watch?v=oBklltKXtDE&feature=emb_title

>>16788116
BP dividends have been pretty ok for a while, at about $.6 per stock
considering a stock price increase of about 25% over the last 5 years, combined with the dividends, i'd say it looks safe at the very least

>>16788095
Not looking good at the moment but you’re way out in June. If this war meme doesn’t happen my intuition says Tesla bubble isn’t popping until big competitors come out with nice EV vehicles to compete and they are a lot cheaper

>>16788131
lol

>>16785961
lmao why would you be long on this chart? call me if and when it bounces off of somewhere in the $12-16 range. the top of that range is so clear it fucking hurts, dude.

I hate being patient. Can't into CDs cause rate non-existant. Can't into stocks because that rambling hobo at the gas station was saying now is the time to invest in SPY.

I'll just wait a little longer...

>>16788095
>I have June puts 400 strike
Kek. Great bait, m8.

>ford wont go below $9

>>16788197
assets, especially IQ-ones are relatively going to win. The macro forces are too good for stocks over the next 20 years to not be all in even given possible pullbacks.

>>16788167
Sounds like you have your answer already. I won't touch the sector, best of luck.

Any day now GALT. Any day now.

>Ctrl + F
>no mention of BYND
thoughts on this long term anons? I think BYND has a lot of upside.

>>16788212
I hope it goes bakc under 9 so i can bring my avg cost closer to 9 but if it doesn't oh well.

Can some of my anons holding the weight of these GALT bags help me out on if I should sell or not today?

Bought at 2.80, could sell now for $200 profits, just don't know if I should keep holding?

bp got wrecked from oil spills, its good value fast value

>>16788106
>>16788157
>>16788167
I want to rub my hands all over a naked anime girl's smooth soft body.

>>16788212
Same. I got yappy and the bogendoffs got annoyed of me. Now they are bogging all my plans. Would of liked to sit on Ford shares that were below $9 this year

So my stocks shed between 7-10% today for no fucking reason at all which is neat. Especially gold companies losing 3x more than they gained yesterday. I guess the fact WW3 will literally never happen is now priced in.

>>16788262
wow 2% wicked cool yeah zzzzz

>>16788157
Based AF
>>16788167
aren’t you supposed to wear something under those?
>>16788262
>THE ALMEU
POWERFUL ID

>>16788252
It does if McDonalds suddenly expands them to all stores.

>>16788254
When they get the P3 under way it will trend up. And that's if there is no other partner or BO news.

So hold for a couple months at least imo.

>>16788254
This would be the worst possible time to sell galt

>>16788262
>>16788167
this meant for this

>>16788275
nothing wrong with 2%

>>16788116
>>16788167
Oil is only a good investment if you own working interest and get a cut of each producing wells profit. Oil stocks have always been terrible investments.

>>16788197
Same. Every streetwalker has the stock scoop

>>16788277
she clearly has shiro pantsu on baka

>>16788296
That's not a wrecked though. That's just a basic day change.

>>16788305
Oh yeah good eye!
>>16788254
No rule that says you can’t take partial profits. No opinion on the stock just saying.

>>16788299
>Oil stocks have always been terrible investments.
please explain

>>16788309
Oh Im talking about the spill years ago, they still get lawsuits

So I was just in the ghetto going to salvage auto parts places looking for some stuff for my truck... being in the ghetto reminded me of being on drugs and the people i delt with.. and i'm here to say... everyone here is going to make it.. you have all found this place due to your want for more.. you have a brain that can understand that there is more.. you're all going to make it

>>16785951
>I don't know what to say to your message
>proceeds to post what he should say to my message

that's basically what i wanted to know lol. im on AMTD and they sent me an email about /MES so i got curious. idk how reasonable it would be for me to switch from screening for stocks to day trade and instead solely day trade the /ES but my initial impressions are that it basically solves the problems of liquidity (enough volume to trend and to be able to get in and out at the prices i want with however many shares/contracts/whatever i want to trade), time restrictions (normal market hours vs. 24/6), and news (it's the S&P500 so it should be active pretty much all the time instead of a lot of stocks which are hot some days and then go nowhere for a long time with few trades happening). the 24/6 is the biggest deal for me, i have a full time job and i don't like forex because the big banks control price there instead of people (fiat currencies don't have intrinsic value and the supply is limitless), E-mini's are looking like a great alternative that I could potentially day trade before or after work, that would still work basically like stocks do.

also the HFT stuff, i meant that HFT's can fuck with price trends making things less predictable, not that I would personally use an HFT or something. i was mostly wondering how much trouble they cause or if they're not really a big deal and i shouldn't worry about them.

found this guy while looking for more info, let me know what you think: https://www.youtube.com/watch?v=i8y3VvyQZ38&list=PLZpt37abrD9FuCt6blOvO7Own1XB9xVRt [Embed] only half way through the first video on the playlist and i like the way he thinks so far

>first day in a long time I haven't jerked it
>first day in a long time I've actually made some profit

What does God mean by this anons?

>>16788199
?

>Coconut edition is perfect for today being I’m in shambles and port is wrecked

>>16788291
Did you get nervous for a second there when sava dropped under 7, or did you never lose faith?

they're quick

>the uptrend in the last two hours means I’ve only lost 3.5% on AMRN today, not 6%

Later, losers. I’m off to buy my lambo.

>>16788422
based fish oil merchant.

>>16788401
1/3rd of my days gains just vanished guess thats why

>>16788422
Can I ride in your Lambo? What kind are you getting? Diablo? Murcialago? Aventador?

j-just another pullback, r-right, guys???

RING! RING! RING! How did everyone do today? Another flat 0% for me since I sold all my Robinhood stocks.

tht fucking slide at the end

>>16788447
7.2%

>>16788401
> God I ask you into my heart and that you keep me safe. I love you and all you do for me.

This is why you don’t sell the dip boys. Speculation play may have not ruined me just yet.

Ding ding ding! How did everyone do today? I'm up .51%, good enough, was doing a lot better until 15 mins before close. Was that rockets hitting the S&PeePee? Everything did good though aside from BA and 'chup, it's okay KHC take your time I still love you.
Love coconut edition, I'm currently sipping some Kettle & Fire beef bone broth with coco aminos and lime, sooo nummy

>>16788396
No stopping till new results are out. And to be honest I would prefer it dumping to 5 for no apparent reason to get cheapies. It's best if there is no need for 'faith' in a trade at all, and sava is one of those cases, at least up to 25.

>>16788481
they shill that shit on a lot of podcasts and some YouTube fasting channels...
>>16788447
Based RingAnon!

Could have been much worse
And it probably will be

>>16788498

https://www.cnbc.com/2019/01/08/bp-just-discovered-a-billion-barrels-of-oil-in-gulf-of-mexico.html

Wahey. My BP stocks will moon tomorrow when LSE opens.

>>16788422
actually a surprisingly good sign for you. above average volume day with a nice down wick and small body representing strong rejection to the downside? i'd still be worried because it's in a downtrend but $18.61 might very well be the bottom currently. would be interesting to see history repeats itself like the 11/20/19 rally which matches support nicely with today's price action.

>>16788481
Second month investing, down 1.15% today, 2.56% total. Selling my first AMD share was a mistake, but then buying back in so close to the ATH was probably a worse one. Gunna hold onto it until 50, though, at least.
The only other stock I have is BGS, more of which I plan to buy next month. Down over 6% on that alone, but I have doubts it'll stay that way all year.
Am I on the right track to learning?

>>16788365
>It's not bait
LMAO.

You're basically fucked. Unless there's a war or a huge Tesla fuck up, I think it's very unlikely it will go below 385 even if there's a massive correction. It probably wouldn't even reach your strike price. I don't know what possessed you to try to go against this company but good luck trying to get out of that mess without taking a major loss. You may want to try to get out before earnings because I think they're going to have a surprise higher than predicted profit.

>>16788481
Feeling fine. Last night's aborted crash scared the hell out of me.

>>16788524
>Selling my first AMD share was a mistake
selling stocks usually is a mistake.

>>16788498
it's pretty good, very expensive but my local SFM had a buy one get one free going on so I scooped a couple. Store brand bone broth plus a little lime, lemmygrass, coco amino, maybe coconut cream n star anise would probably be better.

>>16788422
I'm only down 14% now hell yeah.

Thoughts on NLTX or PILL? I bought a lil of both at their peak around christmas. It's hard to stomach selling at my current 25% and 10% losses but I want to free up the money and don't want to wait months to sell a few percentages higher.

I'm so thankful for SAVA, it cancels out the losses of the rest of my memes.

oh no oh no oh no oh no
how the FUCK are these guys still managing huge hoards of cash?

>>16788481
Did well today. Pulled a 180 on my strategy. Went from long range calls to hit and run puts. This is the way.

>>16788481
Up 2.83%, sold SPY early unfortunately tho. Got more ONTX, still have an average of .31 so I'm more than happy to accumulate

>>16788536
Yeah, but I had a 5.7% gain and was worried about losing it, so I rushed to realize it. Gunna try to take my losses as learns. Hopefully, I won't have too many.

>>16788447
+1.23%, thanks to based MAXR that keeps mooning.


Thoughts on IBM? Hasn't moved up or down and has okay divvies, but since the Red Hat trade and Google doing beter with supercomputers I've been thinking If this company has a future.

>>16788524
BGS is a hellish grind, but I'm right alongside you with that one. I never trade AMD but it's possible to win (or lose) bigly. Good luck, you can do it!

>>16788544
memes and scams basically. to be fair, hedge funds underperforming the SPY has been a thing for literally years now, so it's hardly a secret or anything.

i feel like if you have billions and billions of dollars you should probably just DCA the SPY. if you only have tens of thousands of dollars like me you get much better gains actively daytrading. of course you can't actively day trade with a billion dollars though, big difference between the tutes and retail in terms of what you can get away with consistently.

>>16788321
Just look at performance of oil stocks for their lifetime. ExxonMobil was $36 at bottom of dotcom burst. At its peak it was like $90 something. So 3x over that period. Now consider literally any tech stock. Far higher gains for that time period. The benefit of oil is suppose to be the dividends hence offering profit in a key component of the country (energy). Except as soon as oil tanks they all cut their dividends. So you dont get the dividend benefit and you get poor growth.

>>16788481
added to Unilever and QSR, qsr looking bad downtrend
Alright, its the last day to get a Smog Check, Im out of here

>>16788569
if you have a quality stock and it generally goes up keep it.

AAAAAAAAAAA fuck my lungs AAAAAAA
I just want to inhale menthol juulies until I die

https://www.aol.com/article/lifestyle/2020/01/07/harvard-researchers-discover-toxin-in-juul-pods-that-can-cause-long-term-lung-damage/23896463/

>>16788544
how do they do in a recession?
i'd assume that's what's important in their case
if they can have positive returns in a recession i'd gladly have them manage my funds in a boom even if they underperform slightly
>>16788591
good point, thanks

>>16788544
Is there any historical data on hedge fund performance? I'd like to see if these guys makes the same returns when the indexes are down which would obviously mean they come out better off in the long term

>>16788594
Where r u goin :o

>>16788610
literally just google that shit, hedge funds underperforming indices is common knowledge for a long time now. lots of stuff written on it if you want to delve deeper.

>>16788587
you should probably still just buy levvy index funds I doubt that you're going to outperform a 50/50 SPY/SSO portfolio

>>16788329
:)

>>16788621
it's an extremely important distinction to make, between funds that manage literally BILLIONS of dollars that they're trying to get that percentage on, vs. a retail trader with THOUSANDS of dollars.

indices are where you want to be if you just give 0 fucks about any of this trading nonsense and just want consistent but smallish gains over 30+ years. if you honestly don't think you can't get more than 10% a year trading actively with an account in the tens-hundreds of thousands range, idk why you're even here tbhwy.

Thoughts on CCL?

So what happens tomorrow? More green on a mostly flat day? What is there for the news cycle to try and move?

>>16788583
Thanks, I found BGS when I looked for divvy stocks with a big return (according to Fidelty's filters), but what sold me was when I saw Ortega was one of their brands, and Green Giant to a lesser extent. I don't see the company that owns those going under anytime soon, so that should be a safe bet, right?

>>16788661
if they cut the divvy it's all over
if they maintain the divvy we're all gonna meet at the yacht club

>>16788540
>PILL
Dangerous, but I like it. I'd have to see how much resistance the underlying is under, but I'm very bullish on big pharma. I would like pill maybe into the conference next week, and before whatever the next big dem poll is. I suspect Biden may rise and warren may fall after all this shit.

Anyone know if there's a schedule for the important polls, and when they start collecting data?

>>16788528
June is a long way away, a lot can happen. I expect volatility... this may be a good strangle candidate but I'm sure IV is already huge.

>>16788604
>find "a toxin"
Yeah fuck that I'm not clicking that shit.
You know how many "toxins" they'd find in just plain air walking around outside? Of course they found "a toxin" in it.
>>16788620
True but. We've basically. Been in a. Constant bull market. With a few big drawdowns. What I'd hope for in an actively managed fund might be less downside rather than more upside.

Obviously, there's no guarantee of that.
Yeah, this:
>>16788608

>>16788660
Tomorrow you get drafted. Check the news boy

>>16788481
AAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>16788654
my 5-figure account is my robinhood meme money account, sure
I'm here mostly for entertainment, it's really fun to see other peoples' attitudes about investing up close. And to watch other people have their emotions turn so violently and rapidly.

>>16788706
I just want Juuuul to fix their menthol pods so that they don't have that toxin
poor Juul has already been through so much the last two years...

When will things go back down?

>>16788758
Was it gold?

>>16788481
Lost 7% overall on goddamn AMZN monthly debit spread piece of shit, might have just hit the jackpot on BBBY Jan 17th 12.5p, made enough to be up big. On small account.

>>16788824
yeah lol

Making 18 dollars on BBBY spread lads, that's at least 3 meals at mcdonalds

>>16788797
who can say
after trump finishes his 2nd term maybe?
maybe before?

current bubbles include:
debt (europan bonds with negative yields especially)
housing
tech

choose your poison

>>16788868
Depends on what meal you get.

>>16788872
I pick up a mcdouble and a large fry, just under 5 dollars. I ask the lady for a water but fill it with sprite anyway

>>16788274
Yeah I got torched on MUX. What a faggot stock. CCW is my safe haven tho.

>>16788882
You’re stealing from my bottom line. Give the lady the dollar next time.

>>16788882
>Fill it with Sprite anyway
This is exactly what I'd expect from you, good job anon.

>>16788333
Yeah they are better than specific stocks, having to look for daily stocks to trade takes time and that's why I also started trading e-minis back when I had a job. It's basically like having a "main" to trade rather than several "alts". I don't know if you have ever touched Bitcoin with thousands of altcoins behind it tracking its every move, but it's roughly the same feeling.. much more comfy to simply sit there and trade the MAIN one that controls almost the entire market rather than small specific ones.
I watched parts of that video and I guess there's some good information but I have a feeling what he's doing is more of a short term thing since the ranges he keeps on showing can happen within a few minutes/hours. If you're working for example you won't have time to check for patterns and keep a track of what's happening on the charts. What worked for me was to learn price action trading, how to locate trends and strong resistance/support levels. As soon as I learned that along with risk management and to have a good overall trading mentality it went straight uphill. Personally, I would never take the time to look for things like double tops and almost purely patterns. I'm not saying it won't work, but for me some of his ideas about trading would break some of the rules I have which in my eyes would make even a successful trade an unsuccessful trade.

Sorry it takes some time for me to respond, doing shit on the side

>>16788899
you're a nice guy anon, get out of mcdonalds, i'm going hog wild on free sprite for 2020

>>16788882
>I ask the lady for a water but fill it with sprite anyway
One day you'll grow up

>>16788287
>>16788291
>>16788318
>>16788291

Kind anons, good karma means good markets, keep it green bois!

>>16788859
You just had to fall for Jewish tricks, didn't you?

>>16788912
you know they can call the police on you for that

you know what i'm
i'm ganna call the police on u

Thoughts on lptx?

>>16788859
No worries. They're just keeping prices low for accumulation. No normies hold more than 5% gold. We're going to make it.

who else /magic analysis/ ?

today's card of the day is STRENGTH

>This card symbolizes the epitome of the saying, "strength comes from within." As it appears, it's time to gather your emotional resources and face the challenges in your life with power and grace. Brute force won't get you where you want to go. A strong vision and belief in yourself, however, will take you far.

>The woman represented on this card comes forth with a lion by her side—representing zodiac sign Leo. The lion isn't forceful or cruel as it's calmed by Strength's kindness and compassion as she shows the wild animal that love can soothe even the most savage beast. This is especially true when that savage beast is made up of your own fears or insecurities.

>>16788992
It won’t work if you just choose the cards you like and try to divine anything from them

>>16789005
I did not choose this card, the magic powers chose it

>>16788898
Glad that at least one other Junior Mining brainlet visits /smg/.

The problem with MUX is that it's the Bogdanoff's personal dumping ground. It will dump on good news and dump harder on bad news. Their fundamentals are in their best state in a long time amidst it all. Of course I'm all in.

>>16788930
>>16788946
I'm not actually too worried, I'm holding several small mining companies for the long term. Taking a 5% hit always sucks though

>>16788882
that ratio of fries to burger is absolutely fucked
you need at least 2.5 mcdoubles to match the large fry

>>16788944
Wish I’d have hodled, my account would be very very moneyful.
Similar with VSTM but eh, I’ve got enough tickers and companies and shit to deal with.
>>16789045
Gold still looking bullish long term trend, but this recent pump on uncertainty needed to be sold off when trump said “lol no I won’t fall for it war is not declared I need to check my polling numbers first”

Is there a way to search for companies with more than one phase 3 drug on https://biopharmcatalyst.com(or some other site?). Very tedious manually looking, thanks frens.

Iran is getting soft. At this point I might pull my investment and start buying shipping containers from the oil companies and selling them to make money

>>16789108
Uhhh... Explosions heard in Iraq Green Zone and "air raid sirens" heard at the US embassy in Baghdad...

Could be a drill? No details yet but that's from the top of the hour NPR newscast... last hour

>>16788944
Cancer targets are always good to invest in, low cap, good results, first-in-class drug, also good available biomarker. It is worth the deep dd dive, I think.
However galt can do things in cancer indications very similar to lptx, some aspects are even better. And you get many more as an added bonus. Galt is better value for now I think.
But I can imagine lptx getting approval at one point, which you could foresee with high probability. I don't have the time to check it thoroughly though

>>16789108
Iran has Hormus. If they're too chickenshit to play that card or even realistically threaten to, there's no quick money to be made in military right now.

>>16789133
>yeah your company looks interesting, but the one I’ve already been shilling is a better value

>>16789142
Saudis still gonna be feeling the need to beef up security around their oil sites. I think they already have some Russian military tech (it’s okay when they do it, but not when those Turk bastards do. Saud can take a shit on the US’s chest and we’d thank them)

>>16789133
Seems like some solid advice, I'll look into galt.
I got a good bit off of the lptx spike, think that's good enough for me, not going to tempt fate.

>>16789108
I don't even understand why they responded at all for, they had the upper hand and even intended to take it to court for the world to see. But then they just casually bombed american bases which was a complete failure. Like.. what was the revenge? To somewhat damage concrete? This to me proved they are dumb, they had the victim card and threw it away

>>16789163
Well, I am up for a debate. But obviously I have to choose one company over another at one point

>>16788770
i can understand that. i've been trying to find a good place where professionals (or at least serious retail traders) congregate and share ideas and strategies, but this place is mostly just people trying to pump and dump their meme penny stocks unfortunately.

LCI to $6

TA Bros. give me a hand... today's only big candle was massive green around donnie's speech and I thought that was a good sign, BUT that's actually only 1/7 of today's volume which was massive, 3X average. And it was a very RED day.

Is this what bearish reversals look like? How's it looking for my boy MRK?

I hope. You're okay, gold trading TABros! I. Hope you got stopped out with comfy gains!

>>16789221
LCI to $60

>>16789203
For the cancer indication check papers. The management sadly is very silent about cancer. For example recently prostate cancer came strongly as a very good target for galectin 3 inhibition

>>16789221
/smg/ is great for what it is
but it is not a place full of professionals.
we do have a few industry people (single digits) who lurk and comment infrequently, but the main discussion should not be considered serious.

>>16789133
SAVA has been kind to me. Thoughts on VTVT?

>>16789207
I feel the same way. It doesn’t make sense at all. A smart country would of took it to Court and media’d the shit out of the killed general and their people sad/outraged. Nooooo they rather spaz out like an autist and for what!? To damage American side walks and risk getting their oil fields leveled or war while losing the upper hand. What a joke

>>16789247
March is pretty much the deadline for GALT before it's too late, right?

>>16789275
You forget that they have extreme internal problems as well. They need to appear strong after losing a man who was a hero to many of the people.

They have been shooting protestors dead. An external enemy is great for rallying the people and getting them to fall in line.

>>16789132
Markets not reacting to this at all

feels fake

>>16789254
As for their alzheiemer's drug? I didn't check it much so don't give me much credit here. Funnily it seems to do things to a similar effect as the galt drug would do in alzheimer's. Well, to an extent at least. It seems to target the metabolic issues of the disease, which are only a subset and i think it is far from the core problems, so a no-no. Some results are possible, just not too great ones, not anything near sava. Also, sava can solve the similar metabolic problems as well

>>16789248
exactly. it's fun, though. i enjoy reading charts and making predictions on the memes people are involved in sometimes.

>>16789240
look at the chart, it's far more likely to hit $6 before it hits $60.

>>16789287
I don't know. Sava has to announce full enrollment first, then it's one month to complete, then some time to analyze. But it could start to ramp up after the enrollment announcement.

>>16789287
Oh you mean just the galt catalyst? Yes march is probably is. When they start phase2/3 they will be considered big boys, and the 'they failed phase2' bashing won't make sense anymore

>>16789221
>i've been trying to find a good place where professionals (or at least serious retail traders) congregate and share ideas and strategies
That place does not exist
>this place is mostly just people trying to pump and dump their meme penny stocks unfortunately
everyone is trying to do this. If it's not penny stocks it's seeking alpha shilling some reit no one has any business putting money in.

>>16789310
they reacted at 3:50pm >>16788401

>>16789338
$60

https://europe.autonews.com/automakers/bmw-rd-chief-sees-rising-demand-diverse-multifunctional-powertrains

BMW picks its hill to die on and says that they're going to keep making engines for the next 30 years instead of converting to BEVs and that there's no market for electric cars globally.

>>16789376
Are you the type to rub it in people's faces? Galt does get a lot of shit, would be instant vindication.

>>16789240
>>16789409
>LCI to $60

>>16789376
If they addressed funding for P3 with no dilution it would double. If they did that plus got funding for more indications, it would triple or more.

>>16789418
Nah, I only watch from the sidelines. It will be fun though

>>16789221
You won’t find anywhere better than smg. I been to all of them and they only get worse.

>>16789391
>That place does not exist
ehh, i'll just say you'd be surprised.

>everyone is trying to do this.
im not. i don't try to spread misinformation on social media to try to artificially manipulate stock prices, i just use FA and TA to make my trades. you don't have to cheat to make a profit in this game. people do, though, that's absolutely true. but not everyone. i'd go as far as to say most people who are serious about trading for a living aren't trying to scam people, and those that are trying to scam people aren't really trying to trade they're just conning people. you could do that by just getting 10 people to pay you money for signals and have half go long and half go short for some news event, and that actually happens frequently.

>>16789426
We will make a believer out of you.

LCI to $60

>>16789416
EV is the most overrated retarded meme right now

As soon as any tax credits are pulled sales fucking disappear to 0

>>16789480
LCI to 6.0 lmao

LCI to $61

>>16789451
It was trading above 4 before the previously intended start of the phase3 without anyone addressing the funding. Since they have enough money for the phase2 part with an upgraded design, I think it will trade near 6 just by telling the 1st patient got the dose.

>>16789495
You might be right. They are supposed to begin by the end of March so that's more than doubling in three months. Entirely possible. The adaptive trial spooked the market, even though it's only better.

>>16789465
Until then, every day we gotta pray it will be GALT day.

>>16789492
>>16789485
$600.00

>>16789310
That's why i said maybe a drill or something?
it conflicts with the current narrative of Iran "backing down"

>>16789338
Hey.... how about that Merck chart, thatt sure is a fun one!
Jeez I didn't realize how much of its gains it gave up so quickly... pretty sure it'll pop off after earnings but who knows

>>16789391
Anyone who talks about a stock here that isn't a large cap is almost definitely looking to trick someone into giving them a few extra %

Welp, thanks to all the assholes in this thread, I need to go masturbate to anime girls. In future threads, cease posting semen demons.

>>16789567
Hold strong brother it’s 2020
The year of whatever the fuck you want it to be the year of

Pretty sure you can disable thumbnails

...undervalued?

Are there any good newsletters you guys follow about stocks? I've been inactive lately and also haven't been on /biz/ a lot because a lot of the talk is about crypto which I don't know much about. Just looking for something I can read on the daily to get me updated about stocks and investment ideas

>>16789546
honestly wouldn't be surprised at all to see it bottom out here, likely will enter into consolidation/indecision for a bit which is pretty much what it did today. i just want you to note how obvious that orange line i drew at $88.5 is. if you zoom out farther you can see it's had this area as a floor like 4 or 5 times, probably a low risk long trade atm (assuming the fundamentals are strong, again im just looking at the price action).

for the adjustable awesome oscillator i basically made a duplicate of the AO indicator and made it so you can set the 2 MA's to whatever type and whatever period you want, you can even mix and match. it measures whether the distance between 2 MA's is expanding or contracting and thus measures momentum.

>>16788481
Mixed. I think slight green but I haven't checked the overall number. BILI continues to set fresh highs, +3% today. Stopped out of my last gold position, Kirkland Lake, for less profit than you'd think considering what the benchmark did (7%? something like that?). MCD up. New Flyer up slight. Lockheed Martin down. Dollarama down slight. I have quite a bit of free cash now and am waiting to see how tomorrow looks before I commit to anything new.

CLDR will be $20+ eoy, uncle knows how to pick em. FOllow the MOney!

>>16788882
i wonder if everybody just eat bicmacs as whenever i order something else the burgers are barely warm anymore, clearly been waiting some time for a customer :) not case with bicmacs they always fresh from a pan

>>16789236
Merck is a sell according to my stuff.

Heh, had a few bucks left over so I bought some ONTX Warrents. Already doubled my investment during after hours. ONTX is holding in the 0.40ish range and is trying to break out. Big buys are still coming in. God please let the good news drop soon. I've got bags to stuff full of cash.

>>16789691
Remember to sell the news this time...

CLF AKS merger. wat do?

>>16789685
You’re just momentum and not levels or anything like that?

>>16789730
Sure, that's accurate enough.

>>16789738
K tnx

>>16789685
>>16789730

notice anything?

im currently using robinhood and the charts fucking suck. what would you guys recommend? im new to investing and want something i can actually read

>>16789771
tradingview

>>16789753
Yeah I don't trade on support and resistance in this way. Maybe that holds maybe it doesn't. Volume is sell side at the moment and that's enough for me to say no go get out.

I want to recognize and congratulate all the big dicked bulls who didn't capitulate even when the bears tried their most audacious stunt in living memory. The golden bull lives on.

Trump should tweet tomorrow morning nonstop about the stock market

>>16789753
I don’t daytrade so I see this as concerning... the strong resistance that should provide support is 85...

This would probably have looked better if i did 88.5 but I’m not an expert with this stuff.

>>16789790
while we're on the subject because again i know nothing of the FA for the company, what caused it to spike down all of a sudden? but i mean you can't tell me it isn't awfully suspicious that it bounced along 88.5 literally all day today and is now going up in AH.

trading is just about high probability setups and risk management, anyways. the nice thing about buying around $88.5 is that you are incredibly de-risked. depending on your time horizon you could just look to sell at the top of the current range (around 89), or the next level up (around 90), or scale out around there and see if it gets all the way back to 92. if it breaks and holds under 88.5 just cut your losses. go 0.50 for a stop loss roughly. this is of course assuming the indicators agree and tell you it's going back up, depends how aggressive you'd want to be with it. you can have a much tighter stop loss at 88.5 is the main point.

not like im in it, just doing this for fun. we'll see if im right or not in time. main reason i ask about what caused it to plummet is that usually spikes are the result of news events, and spikes completely fuck up TA for the most part. averages don't like big outliers, but then again that's always why i go by the midpoint of the bars instead of the close.

>>16789839
Mixed results from breast cancer drug trial

>>16788280
Surely now would be the time to buy then? Seems to have bottomed out

>>16789839
Oh you mean today?
Not sure

>>16788440
What indicators are those? Can you explain their meaning?
t. ta beginner

>>16789839
Say you're using support to set your stops, first theoretical support down from here is the old resistance at ~86.50. Below that you're looking at anywhere down to 78.60 or so. If you want to do a semi knife catch here and on expectation of that 86 level holding, with stop loss set a hair below, that relatively small risk. I prefer to wait until after support has been tested and held, with volume returning to the buy side on the rebound, enter thereabouts. I'm not a day trader and I look for entries on things that may hold a rising trend for a while from my entry.

>>16789847
ah, thanks

>>16789838
yeah i tried going down to the 30m chart to provide more granularity. the buy at 88.5 would be very aggressive right now, it depends whether you like having a tighter stop because you get in early at a better price, or you wait for confirmation to the upside but thus get in at a higher price.

>>16789858
no i meant yesterday that huge red candle lol.

>>16789865
you can google "awesome oscillator" and "ttm squeeze" and "zig zag high low"

>>16789884
thanks bro

>>16789883
the main thing to remember about support and resistance lines is that they work because people think they work. they're a self-fulfilling prophecy. a lot of things work like this in the markets because people move price: everyone else can see that "floor" that the price bounced off of before. the more times it has held, the more obvious it is, the better (the more relevant it is). so it's not surprising to see that when it dropped so much, it just "coincidentally" happened to bounce off of that floor repeatedly today.

mind you, it's hardly a guarantee or anything, nothing is. but it's a low risk high probability setup if the fundamentals can back it up. but i trade on tick charts and 1m charts and scalp, so my feeling would be that i would buy at 88.5 and if it starts to even look like it won't hold, i'd cut my losses on a candle that closed below support. cut your losers short and let your winners run, as the saying goes.

on the other hand, waiting for confirmation to the upside means the market is proving to you that buyers are stepping up, but you'll get in at a higher price. it means that price could retrace back to 88.5 and if it breaks it and holds beneath it, you lose more than someone who bought at 88.5. but you have the confirmation to the upside behind you, so it's more likely that it will continue up, whereas right now it's still unclear, but that's how getting in early works.

honestly both ways work, you just have to adjust your risk accordingly. if i feel like a price level is strong and the price action is respecting it, i'll often get in early and be willing to cut my losses quickly if necessary. i'll accept a higher likelihood of being wrong because my loss won't be as big as the guy waiting for confirmation, that's one of the major upsides to learning how to use price levels. which are really just about price forming "floors" and "ceilings", where you round to psychologically relevant levels and the more obvious they are the better.

>>16789884
Ta bro, can you care to take a look at the daily for CCL real quick? pic related is my very simple chart. I'm waiting for the price to find support on the 200 ma (black line) before entering for a short term trade. What do you think? Thanks

https://twitter.com/search?q=TSLAQ

>>16788656
Tried swing trading the downtrend. Scooped up the div and sold the last pump. Took longer than expected and nearly sold early. If you want to give it a go you could start averaging in from now until the end of March or the next pump, whichever comes sooner.

>>16789965
Sacrilege.

>>16789953
>they work because people think they work
I always thought of it more like that is where people set there limit orders.
I have caught myself doing it as well, I have to see where it’s dipped to before and think “wow it would’ve been great to get in there” and set a buy order a little below or above that point.

Then suddenly, months later, I’m a proud owner of a bunch of NRZ shares and collecting that sweet divvy

NVDA 300 when?

>>16789884
Heh that’s actually where I added to my calls and opened up put credit spreads, 11:40 and 12:40

>>16789954
30m seems good so far for looking at the recent price action tbhwy, i can look at the daily too if you really want though. it's currently uptrending with the MA's flipped positive today so that's good at least.

okay so i looked at the daily, and... you're kinda at the top of the range right now. idk what your time horizon looks like but im not a fan of going long at these levels. your absolute bottom is $40, you really wanted to have gotten in around $43. right now you're in an uptrend that's losing momentum hard. i'd like to see it retest and hold above 48-ish. for a longer term swing play if you could get around 46.5 that'd be great. in the 40-43 range would be pretty ideal.

Hokie dokie just plowed through my gigantic watchlist and did a quick glace TA assessment of all. Today I opted to stay on the sidelines and just let my existing positions do their thing. I want some kind of indication we're back in risk-on bullish conditions here and the Iran thing stalls out. Of course Trumper could very well blow all that out of the water with a tweet over the weekend, like Friday right after close just to be extra trolly, so so so. So! Anyway, there are lots of companies sitting around in early rising trend states that could convert to nice lengthy ups in coming weeks. If tomorrow is green again on the index I will commence the nibbling.

>>16790073
Holy moly anon that's a lot of STUFF on your chart there. Way too cluttered for me. Are you able to read that quickly?

>>16790012
all support and resistance is telling you, is where buyers and sellers are. once you see it it's really hard to stop seeing it all the time on every chart. like i said, the more obvious the better, so clearly the most important levels will also be the easiest to see. i'll also round a lot (usually moving it up into price instead of away to a point it has yet to hit), people don't care about $43.17 they care about $43 or $43.5. again, obvious. remember, everyone can see the same charts you see. the stock market is moved by people, it's not RNG.

>>16790077
I want to give her the hat dog mr. dubslel-o-seven

>>16790096
Cool!

what's the best way to calculate iv rank without dough?

>>16790085
yeah, i don't really need the lines i can just see them. normally looks like this usually, honestly it used to be a lot worse before i put effort into simplifying it.

basically you have two EMA's which show the average price, one quick and one slower. the special AwesomeOscillator (AO) measures whether the faster MA is moving up or down in comparison to the slow, so it shows momentum. blue bars means up purple means down, which side of the zero line they're on tells you whether you're in an uptrend or downtrend (or ranging/flat if they flip a lot without going anywhere). the TTM squeeze is a volatility indicator that is a lot more complicated but basically also shows momentum (the two oscillators are actually pretty similar if you look), and im just trying it out for now. i've heard good things and it looks pretty interesting so far, but it still requires testing from me. the bars being painted red and blue are the TTM trend, they're supposed to show trend direction and also seem interesting. basically im trying out a lot of the TTM stuff now lol.

honestly you can trade just with the 2 EMA's and the momentum between them, but im always looking to see if something can give me a better edge than that.

is QD a meme stock?

Is dividend capture a viable way to make money or is it just a meme strategy

>>16790216
Well, it's a volatile tech stock and they've missed their last several earnings. Interesting the earnings expectations were around 4x what they actually reported on a few of those. The most recent earnings have expectations closer to what they're actually capable of managing but they still missed that one, too.

They are profitable though, so that's at least something. I wouldn't touch. Too twitchy for me.

BASED MERCK DRIPPING ON THE DIPPING!!!

>>16790414
Backtest it and tell us!

...honestly I have no idea how to go about backtesting it though.

>>16790023
June, book it

>>16790422
Well the fundamentals look attractive, even if it's a chinese company

DDD
NVDA

2020 train

How bullish are we on re-election? That's probably the most important thing this year.
>Warren wants a progressive tax worse than FDR's during the Great Depression

>>16790531
DDD is a rotational play into the worst sentiment "tech" area of the market. 3D printing. DDD has the highest chance to go up in early/mid 2020 so I chose it: total research time about 3 hours. Mostly a correlative to market play on trash sentiment.

Looking to ride to 15+

NVDA: 7nm Node and 2nd Gen RTX play. This one is braindead obvious. Only roadbump to 300 is earning reports, which will have zero impact once 7nm 30XX cards come out and it will moon to 380+ even if it goes lower from here. Easy returns play.

Looking for 300+

Easiest trades of 2020, plz post feedback. These are conservative goals on price. Not trading advice, I'm retarded.

>>16790554
trump could break a mexican baby's neck and drink its blood live on stage and he'd still be re-elected. dems needed someone like oprah to even have a shot at it.

Any takes on OGEN? I think they're gonna be at stage 2 trials in the coming months but its a funky looking stock

>>16790554
98%

>>16790554
70-80%

>>16790554
the dem convention shitshow prolly seals it for trump

Delagates

>>16790554
Trump to win by a larger margin than last time. All the dems have done these past three years is make themselves look worse than they did in 2016. Meanwhile Trump has proven he's alright for the economy, pretty cautious when it comes to military conflict, and generally stable choice. Despite his twitter shitposting I consider him a reasonable politician in terms of policy. And he does at least try to do the things he says he wants to do. A vote for a democrat this time is a vote for all kinds of experimental changes to the economy that will cost taxpayers billions and trillions for questionable results.

>>16790642
The odds market isnt factoringin how bad the dem convention will be if contested with superdelagates, real chance 2020 is decided then by a shitshow

>>16790666
Satan agrees

GLAXO!?

>>16790554
Bull. Always with an eye out for the black swan. If Germany managed to set us up the global economic downturn by DB collapse or something weird like that, all bets are off. Also skeptical about his health.

>>16790666
Sure. But I keep coming back to their frontrunners and I think none of them appeal much to moderate democrats. They definitely can't rely on minority vote if they run Joe Biden, for instance. Elizabeth Warren's platform is horrifically expensive, as is Bernie's. So... who? lol Yang1K? Hilldawg last minute announcing another crack at it?

>>16790642
No politic the exploder...

>>16790694
Yeah its at most 35% for dem actual. Its tough not to bet trump

i wan free run fousand dorrah

>>16790554
Might be the most important thing this year, but it doesn't matter until like the last month before the actual voting happens. Me as neutral as I can be as a non-american (even though I'm probably way more active on this subject than most americans either way) can say Trump will win by probably an even larger margin than before. People EXPECT Bernie to do well against Trump if he actually wins the dem primary, but they also expected Corbyn from the UK to do very well against Boris. Keep in mind that Boris has been in politics for a while and has all kind of bad rumors floating around him, not as bad as Trump but still bad.. but he absolutely crushed Corbyn which people claimed would put up a fight. The truth of the matter is that there's the right spectrum of voters and the left spectrum of voters and then we have the centrist voters in the middle, the centrists are always the tie breakers in elections for obvious reasons and as soon as they realize/understand (if they haven't already) that Bernie will actually increase their taxes by probably double + annual tax increases to support the ideas he has promised because everything can't come from the rich.. they will turn to Trump in an heartbeat even though some of them might not even like him. Nobody except dumb people wants to cut their paycheck by 20-40% depending on how much Bernie would actually increase it, nobody.
Also, people have to keep in mind that Bernie has never been very clear that he will increase taxes on everyone. There's tiny interviews about it as far as I know but he haven't stood on stage in a debate and said it to the people directly. As soon as he brings it up or Trump brings it up then it's just game over.

That's my hot non-american take on it. Oh and just to add, imagine the markets if Bernie wins. Less money for consumers, extreme restrictions on banks and way higher taxes on wallstreet, etc etc. The markets would tank harder than AMD tanked during the fucking dot-com bubble

>>16788613
I got my smog check

Someone needs to explain stockwits posters to me. I go there to see any news posts I may have missed, but holy shit these type of people baffle me:

1. This stock is going down hard! Ride it down to zero losers. How much longer can you hold out?

2. Short this shit! I'm selling 10k shares tomorrow! Enjoy the collapse, you deserve misery while I enjoy my profit!

This is just unhealthy in my opinion.

>>16790863
They're lunatics.

>>16790554
If yang wins the democratic nomination there might be a real competition, but the DNC will make sure that trump wins.

So how does it work when oil price pumped and oil stocks SP pumped. If everyone is selling you should buy right? But since this was pumped off of a war meme should you still buy after the war meme didn’t happen and everyone is selling?

Dumb question I'm sure, but should you just have all your bucks with one broker or does it make sense to split it up after a certain amount, like you need to do with banks because of insurance and whatnot

>>16790863
>1.
"Us true longs" are fond of shaming people who sell the stock. These are Buffett memers who try to trade the cost average and long hold method but are obviously lacking the mental fortitude to do it, they agonize over daily moves and shitpost accordingly.
>2.
Schaudenfraude. Mean spirited shitposting. Might actually believe that talking mad shit about any given stock might shift the sentiment negative.

Disregard both of these. In fact, disregard all opinions about a stock, including from the media and pro analysts and Morningstar ratings, entirely. Do you think it's a good buy? Do you think you should sell? That's the only opinion hat matters.

>>16790985
>If everyone is selling you should buy right?
No? Oil jumped on escalated risk of war. If that catalyst has lost steam, and it appears it has at this time, the reason for the inflated prices has somewhat evaporated. Water metaphors! It may be flat or may be bearish until such time as buyers become interested for whatever reason again. Same deal for precious metals.

>>16790863
That place is a disaster and it has very uneducated people. You’d think it’d work because of not being able to delete posts and able to research the poster, if it’s to be trusted, but no. The place is complete chaos and what I’ve witnessed, has caused more people to lose money than anywhere else.

>>16791017
Thanks anon. My thinking was aligned with you on the oil meme but it’s nice to be able to see another’s point of view and if I’m truly understanding the market.

>>16791056
Sure. Now natural gas is worth paying attention to. It's maneuvering in a way that might be worth a ride up to the upper range of the range at 2.60. Not quite ready for entry from my perspective but getting there.

>>16790992
If you like to day trade. Multiple brokers are a way to get around the day trade rule, so you can make more than 3 day trades a week. Just make sure you only make 3 day trades per week per brokerage.

>>16791077
That....never occurred to me.

DDD $10.00

Burger pattern day trade rule is so dumb. They're not protecting smol specs at all with that.

GALT director bought 28k shares today.

>>16791120
Where do you see that?

>>16788440
>tfw sold the top
feels ok. only bought 5 at 30.

What price should I buy BSV at?

>>16790720
Uhhhhh scuse me but what the fuckies is dat??

When is ONTX taking off bros?

>>16790554
the democrats don't want to beat Trump. The DNC politicians and admin people are rolling in easy money right now.
They don't have an Obama-teir personality candidate to throw at him. So they could all bust their asses to try and get some second-rate like Biden elected... or they could just mouth off a bunch and collect plenty of contributions and easy campaign wins in blue seats, which is exactly what they're doing.

Leaker here, GALT aquisition to be announced tomorrow. Buy up as many shares as you can during the day, price doesn't matter just have them. When it happens I request my dick to be properly sucked for helping you nerds make it.

>>16791486
hope not 2bh
I hope GALT goes it alone, stays an independent company, and keeps developing and licensing gally-3 inhibition usages

the long, beautiful road to 50. fuck a buyout

>>16791486
My mouth only accepts Pussy. So I’ll make it the hard way, on my own.

bogged every time

>>16791486
How much time do we have. I have a small position but if this is legit I'll load the fuck up

>>16791552
Do you honestly think that's a legitimate post anon

>>16790863
Some of those fuckers come here occasionally. Like one guy bragging about his expertly timed SPY puts.

>>16791486
>>16791515
>>16791120
>>16791552

>>16791572
The way i see it. Im already in on GALT. Might as well double down just in case hes legit. Plus GALT bros have been waiting on news for a while.

I made enough from McD this week to finance my 2020 daily tendy fund.

>>16791486
I'll consider it if you are legit. Otherwise, no sucky sucky.

>>16791572
He’s a plant. Notice how he has only two posts and only posts about that one stock?

It’s like if you’re running a three card money street scam, you want someone in the crowd to be in on it, and you’ll let them win, just to show everyone it isn’t rigged. But really, they’re in on it and you’re just giving them their cut. It’s all arranged beforehand.

These people probably have discord groups or some shit.

Christ Elon is such a meme. How have I not seen this!

Also RIP grimes lithe and supple body. It’ll never be the same after this, if she’s actually pregnant.

https://twitter.com/dumbmackenzie/status/1197756064923566080

>>16791609
Nice! The mgdonal is good feels.

>>16791609
Just think, you could have a few dollars more if people like me weren't filling their mcdonalds water cups with sprite :^)

How does everyone feel about antero resources? stock is low, they are pulling out of ohio/wv from major losses and liquidating. Will this give them a stock bump?

>>16791725
CEO of McDonalds said he will be cracking down on that.

>>16791374
>Designed for long-term investment, point and figure (P&F) charts have been described as one of the simplest systems for determining solid entry and exit points in stock market trading. This charting system monitors supply and demand of each issue while keeping an eye on developing trends. What makes P&F charts unique is that they do not account for the discrete passage of time as most other types of chart do along their x-axes.
https://www.investopedia.com/articles/technical/03/081303.asp

>>16791737
Sounds like a pr nightmare waiting to happen. Only nigs do that, one dindu nuffin moment later and......well you can short the stock.

>>16791753
CEO banning nigs too. (and homeless)

>>16791737
I have also stolen the giant rolls of toilet paper out of the stalls during desperate times
I'm ten steps ahead of mcdonnans CEO

>>16791753
They could just move the soda fountains behind the counter. Force customers to hand the cup over to employee for refill. Problem mostly solved.

>>16791676
We don't have enough people to move the price at all. He's likely just fucken around if anything. Not for personal gain.

I've already got my shares of GALT anyway.

>>16790694
Michael Bloomberg? Eh? Eeeeehhhh?

>>16791797
Zero chance.

>>16789426
>>LCI to $60
why do you offend LCI holders? Maybe they have a good reason to hold that stoc?

Geez palladium is going nuts.

>>16791737
Based.

Actually I need to read that latest expose. Apparently there was a big party culture there and the new guy is cracking the whip.

>>16791749
Thanks anon

>>16791780
Just how large do you think the market cap is?

And once people are shareholders, they become shills as well. This is how the stocktwits armies recruit more weirdos.

>>16791866
>Just how large do you think the market cap is?
>And once people are shareholders, they become shills as well. This is how the stocktwits armies recruit more weirdos.
We're not on Stocktwits. No one on ST said there would be a buyout tomorrow. He only said that here and even if everyone here bought it tomorrow it wouldn't do much.

>>16788654
>idk why you're even here tbhwy
/smg/ investor only in mutual funds and boomer shit. I'm mostly just here for the memes.

alright goys what else should i add to the approved /smg/ meme list?

would it be worth adding CERU (or whatever its called now, i think its DARE) for meme legacy purposes?

>>16789608
same

>>16791845
>Geez palladium is going nuts.
tell me why

>>16792040
I have no idea.

>>16789133
>first-in-class drug
what is the meaning of this?

Hey guys just scheduled a wire transfer over to TD Ameritrade to add +40%~ give or take to my AMC purchase. Bought it at $8.16 and hoping I can grab some more sub $7 when markets opened I set my alarm bright and early so I'll be ready for it.

FWIW this is the only stock I've ever purchased most of my money is in crypto

>>16792130
What's your interest in AMC? The stock looks very bearish.

>>16792152
I really hope he’s memeing us...
He makes me think of ETSYanon...
See:
>>16791361

>>16792152
So I'm an AMC A-list subscriber. Over the summer I was at AMC on a weekday afternoon and noticed a whole bunch of solo flyers, much like myself, many of whom indulged in the $9 popcorn or however much it costs. Thought to myself that this subscription seems to be the right direction, and AMC is doing it sustainably (I was a moviepass subscriber previously). Thought popped into my head that this company, which I also really enjoy, might also be quite undervalued. Did some digging and saw AMC had a pretty impressive dividend. Told myself I'd keep researching and stay sidelined to see if it fell around the $8 (10% yield) mark (was about $12 over the summer iirc).

Well, as I watched I got increasingly bullish: all the fundamentals are there. Attendance at all-time high, profits up, debt refinanced, everything adds up. Icing on the cake is the sunset of the bill that prevents studios from acquiring theaters. I think there has already been some acquisitions of smaller corps, and if Disney or Netflix bids on AMC, it'll be a huge payout. If AMC gets bought out at a similar cost/screen, that's a share price of around $25.

And I'm a firm believer that streaming is a bubble. Netflix quality of experience continues to decline as they replace TV and Hollywood films with first party bullshit. Everyone is trying to replicate this model with increasingly low quality productions. I don't see the trend sustaining itself, and all the research suggests that streaming doesn't endanger theaters.

Not to mention theaters boom during recession, which might come sooner rather than later.
>>16792224
Not a meme I'm pretty retarded at trading tho. Need high risk thrill of crypto but wanted to diversify some.

>>16792224

That other comment was me too, yes.

>>16792273
Hmmm... thanks for the explanation. I'll trade it if it goes bullish.

>>16792286
Maybe this is different between crypto and stonks but don't you want to get in before it starts pumping again? The R:R is there, it /might/ drop into the $4 range but it could also do a 5x.

>>16791736
Anyone? does an asset sale drive up stock?

>>16792305
Nope, I don't trade that way. Not for stocks or crypto. I wait until there is a sufficient build of volume on rising price, at which point I hop in, ride it up until I get a sell signal or get stopped out. Rinse and repeat. I have learned that trying to time the bottom is low percentage and runs contrary to my main trading rule: no bagholding. By that I mean I set a stop loss immediately upon entry to give it the amount of space I think it needs and am willing to give it. If the price hits that stop, I'm out at a small loss end of story.

>>16792324
Selling assets is a fairly neutral scenario. Neither bullish or bearish unless the company is giving up an important revenue source to avoid bankruptcy (which is super bearish).

>>16792335
>By that I mean I set a stop loss immediately upon entry to give it the amount of space I think it needs and am willing to give it. If the price hits that stop, I'm out at a small loss end of story.
Also further to this, if the amount of wiggle room I think it needs to do its thing while still in whatever trend it's in is greater than amount of risk (as a percentage) I willing to take with any amount of money, I don't do the trade. Say if the stock is some small cap that regularly engages in 20% swings up and down, I will usually skip it.

reminder that earnings season starts monday

>>16792373
Dang I’m going to be busy and stressed... may have to take some profits and free up some dip-buying cash.

Any calls you’re looking forward to?

>>16792395
not really no, all food stocks in February

Did you make money today?

>>16792648
What is this?
How come only credit spreads?

Looks like uhhhh dark pools are sitting this one out so I might close a lot of my calls tomorrow if they open green.

Think I’ll let my put credit spreads ride, DCA if I get the chance... this looks like a sell options kind of set up.

Might get fucked on this call credit spread in CRM...

>>16792648
I did a little bit. Mostly thanks to BILIBILBILBILBILBIBLI. Also the good ship MgDonalds did a nice move up.

>>16791456
The DNC politicians and admin people are rolling in easy money right now
I heard something like this the other day. No refunds on those donations either. Kek.

Yep yep gold run over for time being. Everybody pack it up go home thanks for playing.

>>16792700
Anon, you post this graph every day. Have checked out the link and still don't understand what it is. Can you help me out?

NEW NEW NEW NEW NEW

>>16792822

>>16792822

>>16792822

>>16792822

>>16792822

>>16792066
It means they are the first to use that mechanism of action. Which is good, because they have no competition in that regard, but you would have to check things more thoroughly, like how good it is compared to similar mechanisms, or what unforeseen side effects could it have

>>16792700
What is dark pools and how do you use it for trading?