/biz/ - Business & Finance

earnings this week

ANY

>HMNY

F

DPW went crazy again

>>5025134
Are there still people unironically holding that pump n dump stock?

CPI data wasn't good. It may actually be a bit of a problem for the Fed if this sorta thing continues. My gold shorts got stopped out, managed to recover by buying the breakout. Gold is fighting to maintain these levels.

>>5025038
Gas and Oil stocks :)

>>5025168
No.1 trending on stocktwits so i guess

it was always a scamco

OH SHIT BOYZ!

WE UP 0.2% TO START THE DAY!

MOON MISSION INCOMING!

>>5025142
Bought ath last week at 4.40
Sold today at 5.50

It can probably go much higher but I'm happy with 20% profit and I'm scared of another huge dump by a whale

>>5025249
Does anyone think I can sell my advice to professional stock analysts? They would kill for these sorts of gains!

MARA. good to $20

name change soon, blockchain mining

>>5025249
>>5025274
you crypto niggers are so retarded

day of the rope coming soon. better get ready

>>5025327
check out the chart of HMNY if you want a glimpse of the future of crypto

I wonder if there any HMNY bagholders here...

>>5025327
>He can only make money at times specified by central bankers

HAHAHAHAHAH!

UGAZ holders getting gassed

>>5025566
Very nice

>>5025566
>>5025583

This is only the beginning

They're gona get fucking rekt when velocityshares reverse splits it :)

Why is IOTA trading in the markets?

>>5025635
Oh a lot fo thr cryptos are trading
Huh never noticed them before

>>5025669
what are you talking about?

Any JNUG/gold derivative traders here?

>>5025566
Natural Gas down .2%

UGAZ down 2.5%

cool trading instrument

>>5025730
wana get your thoughts because gold just can't seem to get a break, even with the basic fundamentals seem to be edging its way

>>5025791
not that guy but gold has great seasonality right now

low risk reward right here imo

>>5025730
Fed meeting today, JNUG could moon if they do something big money doesn't like

my balls arent big enough to gamble it tho

>tfw number 500 in line for RH options trading

Robinhood with options now.

>>5025931
saw this on leddit

>>5025038
hey guise
i got an idea last night.
one of the quickest ways to scalp for some serious profits is to find something that is up premarket for absolutely no reason (no news, shit company, all FOMO hype and no substance) and short it after the day traders pump it in the first couple minutes.

what i propose that we do is start getting these threads up in premarket, have all of us scan for shit that is tearing through premarket, then think tank together whether we think the run is legit or not, and check if there is actual news or
a reason for the run, or not. with a couple heads on this each morning we could very easily discern when a run is FAKE AND GAY, organize together after the daytrade ninjas leave and pump it, then collectively short the fuck out of it. anyone looking at level2 is gonna see it, fucking panic, and maybe we could cause a panic sell. then we simply cover our shorts and move on with the day, with a nice small profit to start the day on.

any thoughts? i think /biz/ would probably be really fucking good at calling out FAKE AND GAY bullshit stocks that are on a run for absolutely no fucking reason, and i think together, we would be really effective

>>5025833
i see

>>5025897
yeah, i'll be keeping an eye on that

>>5025931
awesome. we can finally short stocks wheneevr this is made available.

>>5026367

Credit spreads!

Any spicy memes about to moon?

I need another shitty pick from you guys to lose money on.

>>5026037
any thoughts on this plan? i could just do it myself, but i wanted to see if anyone here wanted to join in. it would work better if a swarm of us did it, and together we could much more quickly search for news, or lack thereof

>>5026722
VECO AXTI ASYS

>>5025038
Free as in, no trading fees? Or am I being retarded?

I made like 20 trades last year on Barclays and broke even, made no money because of the fees.

>>5026790
Yeah, no commission fees.

>>5026790
http://share.robinhood.com/bryane108
Use my code and we both get a free share :)

>>5026765
I almost always lose money when I listen to you niggers. People are more interested in shilling their shit or some retarded anon screaming "I told you X would moon/tank!" to a bunch of other anons who had no way to tell him apart from any other retard here.

Aside from one or two tripcoders nobody here is interested in helping each other out. This please is full of shills shilling to shills.

Why do I even come here anymore?

>>5026765
>i could just do it myself,

sure if you have the money.

>>5026870
fuck off David

>>5026882
>helping each other out

helping out is for commies lol

>>5026882
honestly i regret not listening to /rgt/ more. i missed out on ROKU MARA and CHFS

>>5026882
How about you do your own fucking DD on the picks here to determine if they're worth buying instead of taking everything at face value?

>>5026882
for meme magic :^)

>>5026930
Lol it sure is.

Bit how else are we supposed to compete with traders who have dedicated their lives to the stock market? Contrary to what the idiots scream, "doing your due diligence" doesn't mean shit when there is so much lies/misinformation out there and isn't gonna help you compete with they guys who have a doctorate in economics and a million dollar setup with contacts out the wazoo.

A community that works together and alerts each other on moon missions ect. would be beautiful thing but this place isn't it. You fuckers cost me one fifth of my portfolio and it took me months of doing the exact opposite of what /biz/ says to finally get back in the green.

>>5026882
>Aside from one or two tripcoders nobody here is interested in helping each other out. T

There's not a single good trip here anymore, except for Harblongdingdong

There also used to a be namefag that knew what he was doing, I think he went by faggydickmuncher or something, but that was it.

>>5027133
almost agree but
>guys who have a doctorate in economics

it meas nothing. I know some "economics doctorate" that put money on a ponzi scheme and lost. Others that are just wageslaves and dont even know.

>>5027150

You’re too kind. Took a loss on FET after open, got on VRAY and am trying to open a small position on SQ

Up goes gold.

>>5026982
"All you have to do to succeed is git gud! Be a good goy now and believe in yourself and you can make mad gainz!"


"You are capable of doing DD far better than the billionaire traders who dedicated their lives to this, you just have to be a good goy and believe!"

Stupid /biz/

>>5026825
That's pretty good.

Being British, though, I'm not too familiar with Burger companies, apart from the big name ones I'm not especially interested in. Looks like it's time to do some homework.

>>5027216
I talked to a driver recently, he was a PhD, doing about £70k a year trading from his car between jobs. I think that it at least gives an indication that the person is more likely to know what their shit.

>>5027240
Are you on /biz/ expecting handouts? Doing DD isn't some magical method exclusive to billionaires

>>5027133
there are no communities like that you are imaging some idealized stock trading forum or something. Most traders lose money and the real successful ones damn sure aren't giving away info

99% of all stock trading sites and forums are scams full of retards and get rich quick morons, at least here you can enjoy the banter

>>5027314
Sorry chav, US only.

Thank you Lord Jesus. I could fucking cry.

>>5027314
>he was a PhD, doing about £70k a year trading from his car between jobs.

sure but, Is not something they teach you in school. Economics is mostly useless degree.

>>5027330
Yeah I noticed lol. Trying to find stock Nirvana was hilarious, I found so many communities tweeting #moonmissionoftheday claiming they predicted it and to follow them or join their site. I found absolutely no evidence any of them called out a single moon mission beforehand.

>>5027217

Why didn't you sell that shit Tuesday like everybody else?

>>5027319
What methods do you use that make you so successful?

Avoid generic bullshit catchalls like "I do proper research" or "I buy low and sell high". I want to know what you specifically look for and exactly how you know when to buy/sell. Indicators, specific trends, ect.

>>5027217
>VRAY

what's your expectation here?

>>5027802

Insert generic meme into trading view. Check the different time periods, look at the indicators, learn what the different indicators are indicating, look at the gaps, make a plan, stick to the plan, profit.

>>5027975
Why that's just generic enough to not mean shit!

If I didn't know better I would suspect you are just a LARPer screwing around!

>>5028057
Are you retarded? Why are you even trying to trade?

>>5027948

Anon posted about a cup and handle formation, took a look, liked it and jumped in.

>>5027757

I let my losers run and cut my winners. Pretty much why I’ve been stuck in neutral the last two weeks

>>5025134
>>5025168
>$HMNY
got in at 6.54 up @ 7.10 I dont know who is jewing who right now? I'm all in and plan to swing it.

>>5028196
>"Learn what the indicators are indicating"
>Call others retarded.

KYS fag

>>5028249
My dude, what? Are you ok?

>>5028057

It has to be generic because you're going to get different information at different times from every chart. Its on you to figure out what all the information available is telling you about the company/etf/whatever's price and where that price is going.

If I had more money free, I’d recommend putting in .96 bids on LTBR and limit selling the next day at 1.01

Oh and to the idiots who were talking shit about robinhood being around in 5 years.

BUY XXII AND SELL AT 3.11 IN A FEW DAYS ill post TA in a second

>>5028249

I'm sorry if you know what RSI, Moving averages, bollinger bands, and every other indicator on those charts are showing you and still can't figure out how to make money. It's like ffs man, from your post it seems that you just blindly buy shit and then bitch when you don't make money.

DYSL

>>5026882
I come for names. THEN I LOOK THEM UP

>>5028669
what about MFIN?

>>5026882
the idea is not that we just yell MOON or TANK but that we simply post the premarket gainers in a list at the beginning of every thread (before opening bell) and everyone then looks for news regarding the stocks. if we cant find shit all about the company, and there is no reason for it to be up 40% or whatever, then we place shorts up at the peak when it begins to plummet, take some when it retraces 61.8% and then let the rest of the bet ride.

if we do this in a large enough swarm, we will cause a panic sell. i think it would be a good way for all of us to start making a quick buck as a tradition for opening bell. half the time there isnt even a thread up by market open.

>>5028669

kek

>>5028993
front loaded!!!!

CASHed out of bac+b yesterday. What do I buy with this160% profits

So now they are offering options trading, but they still have yet to allow people to set both a limit sell and a stop loss.

>>5029017

>>5029017
i really really really hate you.... But im not gunna lie... that actually looks like a good pick

>>5028669
>DYSL
this unironically looks like a good swing trading stock

When is the fed announcement? And what is the play, JNUG?

>>5029247

Be wary of leveraged metal

>>5029212
i think it can get above $2 pretty easy, check out the monthly

>>5029247
In about 1.40 hours. Up to you what you want to play with, I've been wrong too many times since yesterday, luck ain't with me on this one.

>>5029344
Thanks. I want to take the risk but I really don't think I can afford it anymore. I was just seeking other opinions

pretty obvious AMRS dip here folks.
should hit high 3.70 at least by end of day.

>>5029503
wtf stock is that lol

>>5029549
nvm im retarded

just hodl, a lot of tech is down today

>>5029549

$AVID

I thought I bought the dip, instead I have a new bag.

>>5029511
Scooped up 120 more at 3.52

Wondering if anyone else had this problem. When I go to connect my bank account, I enter in my login details successfully, but then it says "Code sent to xxx-xxx-xxxx". I never receive a code.

>>5029083
swing hmny

Anyone think its a bad idea to ride the AMD wave for up to earnings this quarter?
I think im going to pick up below 10 and cross my fingers that it takes off again.
I dont think it is going any lower so it should be a safe bet.

First

I have 35 million shares of AMRS and I gonna make it

>>5030964
Screenshot.

>>5030964
You're about to have a lot more.

>>5030964
*am I gonna make it

>>5031041
Oh wait, this joke would apply to a stock-split, not dilution.

CHEAP MARIJUANA STOCK ALERT

So, Isoldiol International (ISOL) is down 14% today for no reason aside from heavy shorting and I think some panic selling as well. Anyway, the support level of this stock is approximately 1.55-1.60. It is available for 1.40-ish right now. Potential to hit $2+ by end of year if not end of week.

>>5030964

Call option volume on NAK is picking up again. Is Santa Thiessen going to give us a partnership for Xmas?

>>5028669

This is a good Pepe. I'm going to save this Pepe for future use.

>>5031378
Lol filtered

>>5026870
Fuck you David

>>5031378
>Call option volume on NAK is picking up again
shorts hedging

>gold is going up.

>>5031312
level 2 on USMJ is thinning ALOT i've been watching it on the way down, looks like .0003 is loading zone

>>5031684

Doesn't add up, they're ITM calls.

>>5031722
You're gonna jinx it :(

I'm getting fucking JUSTed like a motherfucker right now

I'm down over $500 today

>>5026870

die in a fire david

>>5031750

Oof that share price. 0.0003. I'll gamble penny stocks sometimes but that's a little low even for me. Good luck though! Huge money if it's a winner.

>>5032027

I am exactly even on the day. One stock is very low, another is very high and the rest are within +/- 5%.

>>5032047
those are always gambles for me too, i watch certain ones to gamble on first though. there used to be huge walls at .0004 i've seen things like this run to .01 in a few days but of course it is a gamble and can go to .0001 with no bid real fast

>>5031722
(you)

When Robinhood implements shorting I'm just going to use my usual strategy of picking a stock but shorting it instead of buying, since all I seem to be able to do is fucking hemorrhage money

Yellen's news conference starts in about half an hour, expect some volatility in some of your stocks.

>>5032422
Watch bank/retail stocks particularly, they'll fly if she backs the claim that tax cuts will help with growth.

buying 1 year US treasury notes with 100x leverage

When will you accept that bond etfs coupled with memes is the patrician investment strategy?

>>5031868
It seems my karma is ok, sell soon and thank me later.

>>5031312
isol isnt on robinhood

>>5032632
I'm out already, met targets, focusing on the Dow/Nasdick now.

I trusted in Square, don't fuck up like I did

Why did BAC go down if the fed is raising the rate?

>>5032677
good. Im out too.
Too much emotions for today.

>>5032767
buy the rumor sell the news

hope you all loaded on BGFV Tax plan could be potential catalyst for short squeeze after this consolidation

don't miss out

>>5032552
COMFY

>>5032847
Comfy is my new investment strategy, I'm tired of being stressed.

Post comfy stocks/etfs plz everyone

>>5032807
Im in it, also ODP not really an attractive stock but it might have a correction toward the upside soon

>>5032917
MSFT
PLAY

>>5032917
HMNY or AMD your choice lad

>>5032917
fuck off pussy

>>5033001
AMD lol no

buy znga at 3.70

this is not a joke, look how reliable their supports are

>>5032917
whenever i have an extra grand i buy PGX

>>5033052
doesn't look too bad really

She's talking <3

>>5033191
post link to waifu nao

https://www.youtube.com/watch?v=Ga3maNZ0x0w

bloomberg

2.5% GDP GROWTH CONFIRMED

4% UNEMPLOYMENT

1.7% INFLATION

HERE WE GOOOOO

>>5033262
>>5033242
oops

>>5033302
things tend to start moving when questions are being asked directly to the chairperson (just in my past experience)

>>5031837
Are you looking at the Feb'18 1.50 calls? If so, I agree. It has nothing to do with shorts covering.

that was a really long winded way to say "its priced in"

>>5033349

That's exactly what I'm looking at.

>>5033464
kek

seems I was wrong about it causing a spike though upward though

>>5033464

Gotta pad out for time m8

>disturbingly low productivity grown
sell everything

>>5033578
>>5033464
gotta make it boring so nobody listen

>>5033661
is everyone becoming a comfy neet?

SQ is defnitely getting dropped from my portfolio tomorrow, glad I only put two grand on it

BITCOIN

HAHAHAHA

Yellen stop, I'm long, fuck off with the stock valuation FUD

>>5033756
what happened?

$RAD????? Should I keep holding? or should i sell?

anon got me to sell my $AMRS for $RAD a few days ago......

>when the baby boomers retire

More like when the baby boomers die amirite?

>>5033859

I didn't catch all of what she said, but something about a vital role regarding something or other.

>>5033859
someone asked a question like "Bitcoin keeps going up. Is the Fed doing anything about that?" waifu just said that the Fed isn't doing anything in relation to Bitcoin except working with banks in support of their anti-money laundering responsibilities

>>5033859
she said it made up a small amount of payment activity, not a stable store of value, highly speculative

central bankers are paying attention to it though, regardless

>>5033859
>>5033859

Momma yellen doesn't want her boys buying bitcoins from ((them))

>>5033891
>>5033910
>>5033919
>>5033934

Central bankers working the bitcoin marks

>US bond yields tanking
damn I really wish I did buy 1 year US bonds with 100x leverage

>>5032917
Visa. The stock literally cannot go down.

why isn't BAC+B going down like BAC?

BAC dropped 1% but B is only down 3%

We need to get a man running the fed if we're going to make america great again.

>>5032917

SVXY as long as the market stays irrationally bullish.

>>5034057
grandma yellen is not for bully reeeeeeee

>>5034057
Hello.

I'm thinking of buying some NVDA but it keeps tanking. When will it bottom out?

Guys I really want to buy some Berkshire but it just keeps gtting more expensive everyday. Should I just drop 1k on it every month? Im worried about big market correction

>US digital currency

Nani!?

are you guys not in OSTK

it accepts bitcoin, im pretty sure alot of people will be buying shit from OSTK especially now during christmas

>limited benefits to Bitcoin

SELL SELL SELL

>>5034177

How do we get in on the ICO?

>>5034125
I bought NVIDIA premarket at $194 yesterday because I thought it was gonna start rebounding

Yellen is making Watson red...

>>5029905
>>5029905
>>5029905
>>5029905

pls respond

>>5034324
check junk mail?

>>5034324
call them and sort it out

why does waifu want higher inflation? I'm happy with low inflation desu

>>5034568
only way out of retarded debts of western world is massive inflation, basically a currency devaluation without calling it that

>>5032917
My comfy picks. These are literally the only 2 places I keep my money with the exception of a couple hundred dollaroos to play with memes:
>DFEN (the only 3x ETF I trust. Go ITA if you want something even comfier)
>SOXX

>>5034568

because they don't give a fuck about you they care about the banks and themselves and higher inflation allows them to hold more debt cheaply at your expense

>>5034568
one reason is that it's a sign of growth through expenditure

you want to see a clear sign that expenditure is picking up, before raising rates, otherwise rate hikes can worsen already weak expenditure

hurting weak expenditure hurts growth

>>5034172
> Guys I really want to buy some Berkshire but it just keeps gtting more expensive everyday. Should I just drop 1k on it every month? Im worried about big market correction

I'd be more worried about sitting on the sidelines while the S&P grows by 25% next year. GDP is going to be YUGE under Trump.

>4% growth

Is Trump serious? Jesus christ.

>>5034611

So the fed is like TOPS? They just keep printing more shares (cash) and giving it to big partners (banks) who immediately dump it in the market for profit (loans) fucking over everybody else who's invested (literally anybody with any USD)?

>>5034668
thanks for a non-meme answer friend

she's explaining yield flattening thanks yellen

aaaand it's over. time to watch the Bloomf speach

FDA announced plan to reduce nicotine levels. XXII is a good a buy as ever right now

>>5034927
link?

>>5034382
It says it's being sent to my phone number, not my emails.
>>5034428
I'm too scared to use the phone.

>>5035279
>I'm too scared to use the phone.
why is this so funny?

>>5035279
you can do it anon

>>5035477
I can't, it takes me too long to come up and write the script.

>>5035537
pls be joking

>>5035279
maybe they have some sort of customer service chat bot you autist

>>5035537
try it without the script this time

>>5034613
>SOXX
How are you feeling about these last days of dips ?
Do you think the semi sector is still growing ?

>>5035605
>>5035680
I can't, last time my boss called me unannounced I heard her voice and immediately hung up. She was very angry with me the next time I came into work and asked me what my issue was.

>>5035738
yes but these people are your inferiors

did that guy delete his post saying to buy xxii and sell at 3.11?

cause i bought today

am i fucked

>>5035738
>having autistic boss on same level making life easy.

>>5035897
What
>>5035761
I still need to write the script. Whatever, I will post my script later here and ask for opinions before I call.

>>5036245

The script? Just call and say, ayo my shit's all fucked up, I need some help. They'll literally walk you through everything.

>>5033997
https://www.bloomberg.com/news/articles/2017-12-13/fed-raises-rates-while-sticking-to-three-hike-outlook-for-2018

>The yield on 10-year U.S. Treasury notes fell after the Fed announcement, as did the Bloomberg Dollar Spot Index. Trading at record highs recently, stocks jumped after the Fed’s announcement before paring gains

10 yr note yields are dropping (prices increasing as people buy more, likely due to inflation concerns - therefore, concerns over likelihood of future rate hikes). You wouldn't want to buy short term treasuries when the market has inflation concerns.

>>5036404
>You wouldn't want to buy short term treasuries when the market has inflation concerns.
why? didnt 1 year bond yields go down after today's meeting?

>>5036628
scroll down to look at historical data charts and you'll see how the yields have changed from 12 December to 13 December

http://www.macrotrends.net/2016/10-year-treasury-bond-rate-yield-chart

>decrease from 2.42 to 2.40 from the 12th-13th, indicating increase in treasury price

http://www.macrotrends.net/2492/1-year-treasury-rate-yield-chart

>1.68 on both 12th and 13th, indicating little to no change in treasury price

I could be mistaken if this data is delayed, but I don't think it is

someone tell me what's going on with nak

>>5036789
>>5036404
I can't seem to find a live 1 year treasury chart on tradingview, but the 2 year treasury chart is definitely showing an actual price increase today (along with the 10 year), so I could be mistaken about my "don't buy short term bonds" comment.

>>5036628
https://www.cnbc.com/quotes/?symbol=US1Y

you're right, 1 year yield did fall today

https://www.cnbc.com/quotes/?symbol=US1Y

Both short and long term treasuries moving the same direction likely has something to do with this talk about the yield curve flattening. A sort of indecision as to what's going to happen with rate hikes, going into the future.