/biz/ - Business & Finance

earnings casino for this week

>>9533354
time to buy the Retail store dip?

>>9533454

unironically buy cracker barrel

>>9533454
I'm thinking puts on BBY

Its time to buy the SJM dip.
They,are the next big consumer to enter the fast growing pet food industry, making aquistions (exactly what general mills is doing) and tanking their stock price to unreasonable levels

BUY BUY BUY

>>9533046
>3 more hours
Until what?

>>9533622
for futures and asian markets to open DUH
its actually 1 hour and 20 minutes now

>>9533622

futures in 1:15. not that futures mean shit

>>9533638
Futures might not mean all that much, but they are still fun to watch

>>9533638
they mean a little more on Sundays, because it could cause a weekly candlestick gap

>TFW was planning to work on my RNN ML model this weekend, but ended up getting drunk and trolling newfags on /b/ instead

>>9533667

>>9533667
>>9533694

>telling the autist posting in smg on sunday afternoon that he's not excited enough about futures

>>9533711
Whoops, wrong image. Meant this one.

>>9533711
yeah I got a few of those
They work but Im too tremendous to daytrade

>>9533508
I think you're going to carry that weight. They're in an upward trend for the year. What's your timespan?

>>9533760
>They work but Im too tremendous to daytrade
>what did he mean by this

Reminder 2 short SPY monday
Also buy Walmart

>>9533846
>Also buy Walmart
Oh yeah, some fag on Reddit got super burned by WMT. Could be in a good position for a rally.

>>9533846
thanks for buying my walmart bags

Can you guys feel it? This is going to be HMNY's week. First a flash crash to get those shares extra cheap, then a short squeeze followed by a FOMO bullrun. We're all going to be so rich.

>>9533942
I'm sticking to my strangle.
They will go bankrupt if they don't do equity or debt based financing.
I'd be optimistic if they choose debt based financing.

>>9533821
weekly earnings gamble

>>9533942
Gona get rekt

>>9533982
>weekly earnings gamble
Oh, I see.
Good luck with that.
I'd recommend checking out the short interest and the open interest in puts and calls to see whether there's any chance of a squeeze in some direction like we saw with GPRO last week.

Absolutely DO NOT forget to buy Junk bonds this week, sell them next week
Free money

>>9533667
>>9533638
i'm watching oil and gas.. could see GBR run or maybe even CEI

fucking LOL
>China Trade War haulted
its haulted guys, Golden bull is back on

>>9534074
>CEI
Comfy, teh_profit, and I came up with a thing we call the retarded money index or faggotry flow index, and that company was at the top.
There's a fuckton of Robinhood users in on that and almost no institutional money.

>>9534073
>Free money
How so?
Fed shitpost play?

>>9534130
>how so
junk bonds pay dividends the end of every months and theres a systematic run up the week before everytime

>>9534067
Short float 10%, call vs put ratio in favor of calls, at least for the 5/25 expiration. And it just feels similar to the "beat earnings and crash anyway" pattern we've seen the past month. I dunno, I'll look more closely at the numbers over the next couple days

>>9534130
i don't really give a shit about the company

>>9533876
>>9533907
NO
Walmart $100 eoy

>>9534265
you arent holding that to the end of year

>>9534160
>theres a systematic run up the week before everytime
Ooooohh. Fun. What tickers are good for this?
I'm very skeptical that this pattern hasn't been exploited sufficiently to break it.

>>9534227
>i don't really give a shit about the company
I'm sure you don't. I definitely don't either.
Just saying it's a similar company to play as SDRL from what we found. So, playing it could be a game of chicken / pump and dump.

>>9534188
>dunno, I'll look more closely at the numbers over the next couple days
Sounds like a good idea. It does seem like a beat earnings and crash anyways case from what you've said.

>>9534294
>you arent holding that to the end of year
Kek. This.
The only shit that I'll hold off and on for months is tech-y shit

>>9534314
I do NBO
but I guess you could look at JNK or something
ex-div can be on the 25 - 1st, keep that in mind

and bonds have no games played like the forex or stock

>>9534294
Kek
Me not even have enough free money for buy Walmart
But it still good advice !

>>9534374
>NBO
>JNK
idk man, that shit looks pretty hard to time.
I think I'd be better off buying a solid dip than trying to time it

>>9534408
>O, btw, I'm not even going to hold WMT
Kek.

>>9534486
they already had a solid dip
theres no losing here

Only 5 more minutes until the legendary next GoldenBull phase

>>9534497
>theres no losing here
Kek.
Why you trynna push this shit, m80?
I just realized I don't even see Div/yield for NBO, but I see about 5.9% for JNK.

>>9533603
Nigger

>>9534522
Prepare your anuses!
Just a few more seconds until the dawn of the golden bull!
New paradigm by sunrise Monday morning!

>>9534552
NBO is a high yield non-muni bond fund, its 4% yield non taxable
Its based as fuck and its the next bitcoin

>>9534570
Exactly, buy this while its low

HOLY SHIT WE ARE MOONIG

>>9534570
Kek.
Yeah, that's not a moon mission.
If you buy it at a 5 year low though, you're highly likely to turn a profit sometime within the next few months though.
Check out Zynga or GSK too.

>>9534617
Oh, holy shit. You weren't kidding. Our memetic powers are dangerous.

>>9534606
>its the next bitcoin
Kek. You're probably the root cause of that faggot that was spamming "FUCK ALL OF YOU" on Friday evening. Either you or me.
I genuinely can't tell apart some of your shitposting from your genuine advice.

good fucking christ!!! better than sex my lads. all of the money i put in during this shitty first quarter might actually have been worth it

>>9534672
>>9534673
>>9534637
>coinfags BTFO
This is one small step for man, one giant leap for mankind.

Anyone else hear fapping?

>>9534712
Based trump ended the "Trade war"
2017 golden bull is back

>>9534734

confirmed

eur usd down 0.01%

here we go again, another week of purgatory of dollar indebted countries

>>9534673
I wouldn't start partying yet. My 401k and investment dudes said not to get comfy until mid 3rd quarter. There's still some hills left on this rollercoaster. The end of the fake trade war with China will definitely help, but there's still some shit that needs to be dealt with before any serious bull action can take off again. The big red flag right now is oil. Are all of you youngfags who don't remember what happened the last time oil went sky high? The thing to worry about past the impact higher oil prices have on the economy is you know Trump is gonna pick a fight with OPEC now, and the market will shit the bed yet again. I'm hoping not, but that's probably what's gonna happen.

>>9534265
WMT is in a strong down trend.. its a 250b market cap with alot of sell volume at start of fall.. going to be awhile to turn around imo

>>9533354
I'm banking on Ross. Those stores are unkempt as shit and messy as hell, but they do very well.

>holding tvix over the weekend from 5.06
OU NONONONONONO

>>9534907
don't worry i'm sure we'll close down 1k

>>9534863
>Are all of you youngfags who don't remember what happened the last time oil went sky high?
Yeah. The housing market shit the bed as a result of credit swaps and CDOs falling apart.
Oil is scary but America has fracking now and if OPEC keeps pushing it, Texas will overtake California in economic output.

>>9534866
>alot of sell volume at start of fall
>sell volume
Puts?

>>9534907
>holding tvix over the weekend
Well there's your problem, senpai

>Metals still going down
commies rekt

can someone rationalize why most car makers are trading at incredibly low P/E?

is it rising interest rates/late cycle/chinese competition or what

I have no fucking idea what half the shit is you guys are discussing but I wish I did and I'm happy it seems like you took advantage of a good opportunity

>>9535119
I think people dont like them because of the government bailouts

>>9535119
Auto sales are trending downwards. They flooded the market with easy financing, and it's getting harder to find new buyers. It's incredibly easy to buy a car right now, and they're struggling for sales. The last time it was like this they did the cash for clunkers program to destroy the used market and drive sales to low end new cars, and they flooded that market.
This is basic level stuff. If you're investing, or starting to, this is the easy, low hanging fruit you could have figured out yourself with 10 minutes and google.

>>9535259
>I wish I did
If OP had posted the full copypasta at the top of the thread, you might've had a better shot at getting started
Any specific questions?

>>9535119
>why most car makers are trading at incredibly low P/E?
Anything about a P/E of 30 is reserved almost exclusively for tech, semiconductors, and start-upy stuff.
Now, why it's so low proportionally to everything else...
US car manufacturing got JUSTd by the EPA regulations passed by Obummer administration and just haven't been the same ever since having to get bailed out.
EPA regulations still haven't been rolled back quite that well yet.
Foreign car manufacturers are kicking their asses and compete on an uneven playing field.

Also, Ford just cut their whole line of sedans, leaving just the mustang and one other model.
American car manufacturers rely heavily on their line-up of trucks.
I think people aren't a huge fan of buying new cars right now... Perhaps the typical consumer really does have enough wits to realize that cars are a depreciating asset, particularly american ones.

Anybody have a more informed opinion on this?

>>9535467
In addition to car sales being down, used cars last longer than they used to

Also gas prices are going up, which is usually a negative indicator for high-margin cars sold

>>9534863
>My 401k and investment dudes said not to get comfy until mid 3rd quarter.
Are those financial advisors?
I heard financial advisors aren't as helpful as you'd expect.

>>9535445
>cash for clunkers program
I've never actually read into the details of this.
It looks like the program actually ended up reducing new car sales too. Kek.
By the way, I like your posts, keep it up.

>>9535467
For F specifically: Ford's cars basically didn't make any money, all the profits are in trucks and compact SUVs, so the product line shift makes sense. The stock took a dive recently because they've been having production line problems with the F150, which is basically the product that makes them most of their money. I bought calls then because I thought it was more of a downturn than was warranted, but it's not a very large position

>>9535599
>Ford's cars basically didn't make any money
>the product line shift makes sense
I've heard this too.
I think it's roughly what GE is doing as well.
>The stock took a dive recently because they've been having production line problems with the F150, which is basically the product that makes them most of their money. I bought calls then because I thought it was more of a downturn than was warranted
Sounds smart.
Buying off of scandals and nosedives is super underrated.
I'm super surprised EFX recovered more or less from their huge data breach scandal.
I've bought calls on both FB and MTCH on their massive dips.

>>9535568
Cash for Clunkers was a stealth bailout of the auto industry, because nobody wanted GM to go bankrupt right after the bailout and besides, Ford and the dealer network were hurting too. All the environmentally reasons were just a political pretext.

If you bought and held F while that was happening you would have made a whole lot of money. I didn't because I was only doing index funds at the time

>>9535467
>>9535467

Just a brainlet wannabe day trader here, don't understand half the terminology or anything relating to real-world stocks. Only ventured into crypto so far

Any advice on a good way to learn actual useful knowledge for stock trading and investments? I need to learn the basics

>>9535712
Buy SJM Smuckers

Oh shit! /smg/ weekend!?! I can shitpost while I wait on dinner.

>>9535766
Okay but why? Seems like huge dip, what caused that and why do you predict a come back

>>9535794
Investopedia. Or find a book on the basics.

>>9535794
here
>>9533603

>What cause the great consumer crash?
-Rising junk bond yields, because they directly compete with high dividend consumers
-higher transportation costs
-consumers put themselves into big debt to make acquisitions

general mills and SJM acquiring pet food , spent many many billions
Expect a high yield on cost if buy now

>>9535712
>good way to learn actual useful knowledge for stock trading and investments?
I'd recommend just downloading Robinhood, putting money you can throwaway into SPY (ticker for the S&P 500) and then putting a little into companies that catch your interest in order to get a feel for things.
Some people recommend "paper trading" as a wise way to get started. I don't.
There's a tripfag named "teh profit" that is stocking up nice resources on a board we have over on 8ch called /tisminc/
Do a little research whenever people shill you something or you'll get JUSTd/memed.
There's a few stocks we like shilling to noobs depending on how helpful we are feeling.

>>9534672
No like this
No like this

>>9535887
Kek. Were you still shorting?
You shouldn't be shorting SPY for extended amounts of time.

>>9535887
Time to suck off more tourists for funds.

>>9535887
get FUCKED faggot hahahahahahahaha

The Nikkei will hit 23,000 tonight

>>9535958
I'm legitimately interested in this now.
I can't find a good means of investing in the Nikkei over Robinhood.
What platform are you using? Or what's with the interest in the Nikkei?

>>9536117
you can trade it on the Nadex or buy EWJ on robinfeels

40k soon

>>9536143
>EWJ on robinfeels
Close enough.
I've added it to my watchlist.

I can see it now
Tomorrow morning my portfolio will open at +1%
Banks and Consumer non-cyclical will begin their golden bullrun

>>9534712

Oh baby.

>>9534866
Any predictions on a bottom for WMT?

>>9535907
Short biased because it provides best leverage :P
Also (((pattern daytrader))) force me too

>>9535921
Nuuuuu not tourists! They more like kill me x.x
>>9535945
SPY ... o_-
Y-you t..oooh r-ough

been investing since march last year and this is the first time i've been excited like this.

>it's going to crash isn't it...

>>9536588
Literally same. Started March 21st.

>>9536571
Never mind. I like your autism charts for pure aesthetics.
>I can’t understand shit about them though.

>>9536571
>it provides best leverage
I'm not sure about that.
You're on Robinhood and calls have just as much leverage as puts

>>9536588
>it's going to crash isn't it...
Nah, I think we got some fair slack to run. Just watch out for the fed shitposts.
If the market is feeling extra greedy in the morning, I'm going to deleverage a fair amount tho.

>>9535568
>I heard financial advisors aren't as helpful as you'd expect.
They're not hand holders, they're retail account managers who I pay to take care of my investments and my 401k and an inherited 401k. They pretty much just reinvest dividends and warn me if some investments are looking bad, I've done pretty well with them, they got me 17% last year, not complaining. I've worked with them for years and don't bother them, so once in a while we shoot the shit and they're pretty open about overall general market moods and what the next year looks like, and they're generally pretty spot on. As long as you don't expect them to walk you through day trading, they can be good for getting a pulse of the market.

>>9536903

realize that you just paid someone to underperform all 3 major indexes last year, and substantially.

stop that. don't do it again

>>9535693
This. It's one of the more bullshit moves by Obama, only topped by Obamacare, which was just handing billions to the insurance company. I knew Cash For Clunkers was bullshit when I found out they were chemically seizing the engines of perfectly good cars, causing all kinds of potential hazardous waste and pollution issues, and the guys doing it weren't told where to put the seized engines, so they sat in warehouses and fields for years. It was a complete waste of money and it gutted the used car market, they destroyed perfectly good used cars with plenty of miles left on them.

And it didn't fucking work. That's the enraging part. Obama didn't do shit during his Presidency for the greater good, it was all paybacks and bribes and he's a bigger corporatist than Trump could ever hope to be.

Fucking pisses me off, still to this day.

>>9536938
Oh, fuck off, memelord. They're set and forget accounts, for the long term, not trying to day trade above the median, you fucking retard. I have a quarter of a million invested for retirement, the percentage I got is fucking FINE, you insufferable douchebag.

I've been out of the game for about a month and a half due to school and wagecucking but plan on getting back in in June. What are some memes? Extra spicy.

>>9536992
are you upset?

>>9537021
Teekay Tankers

Is Walmart going to open up positive tomorrow or am i fucked?

>>9536992

that's what i mean dummy. had you just bought SPY set and forget, you'd have made 21.7% last year, on your own. wow dude, i thought this stuff was common sense but you just made me feel better about the path i'm taking. i thought with the internet everyone knew this stuff. i guess that's the real meme i fell for LMAO

>>9533046

>too lazy to CTRL+F/smg/ in the archive to get the full template

kys

>>9537034
down to 80

>>9537193
>>9537034
I told someone earlier this year it's going lower.. they didn't want to believe me

>>9537053
>had you just bought SPY
You're a fucking retard.

>>9536938
Yeah, I kind of agree with this anon.
Warren Buffett won his bet about indices beating hedge funds or actively managed portfolios.

>>9536951
How could market intervention go wrong? Kek.
It's almost like the market naturally arrives at the most efficient allocation of resources.

>>9537021
SDRL, HMNY, and CARV are the latest drama.
SDRL is supposed to tank.
HMNY is probably gonna hardcore fuck some shorters, but also could totally just go bankrupt if the owners aren't paying attention.
CARV probably was a classic example of some nogs running up the tape.

>>9537022
Kek. Nikkei bro / Nico poster confirmed for troll.

>>9537034
You could just HODL or buy more if it does? I don't think they're going anywhere. WMT is a solid business.

>>9537241

bro i know you're angry, but use it to learn. you could have gotten substantially higher returns last year by buying index funds, and all without paying additional fees to some "advisor" just to underperform the S&P by nearly 5 full percent. you got cucked. there's no other way to look at it

>>9537220
>they didn't want to believe me
Too much of that shit on here. It's fucking wild. You CANNOT be an investor if you hide from reality.
>Case in point: StockTwats
I only trust WSJ to tell me what's going on in the world because good investors know the dangers of being fed lies.

>>9537241
You should chill out, dude. This general thread is full of gamblers that are out to roast anybody that doesn't chase penny stocks.

loading up on ACB puts.

LOADING UP!!!

Buy Kraft Heinz
Buffet wont let this monster fail

>>9537297
>without paying additional fees to some "advisor" just to underperform the S&P by nearly 5 full percent
Basically this.
I really ought to switch my 401k over to just SPX or QQQ
Indices outperform everyone else if you want to put it somewhere and "forget about it for 5 years"

>>9537322
>I only trust WSJ to tell me what's going on
i only trust my own DD desu

>>9537372
Holy shit. That's hard to look at.
Why are they bombing so hard?

>>9537374

this dude has seriously convinced me that being a financial advisor is not a dead career. would honestly consider it after what i've learned here, but the hassle of getting the certs and shit, on top of my income being based on fleecing clients i know damn well could learn this shit on their own, makes me just want to continue investing my own money from my job and forget about it.

Im tryna keep my money in some stock for the summer, so my money doesnt stay in limbo and has a chance to grow. I've been waiting out BRZU for a bit now, waiting to enter when it feels right. Hope I dont get raped.

>>9537416
all the worlds biggest food and drink brands plummted 40%
why do you think Ive been shilling so hard? its historical drops, bigger than 2008

they drop becuz high transportation costs/higher bond yields compete blah blah blah, aquistions blah blah its all explained up there in my posts

Buy all these:

Cambells soup
Kraft heinz
CAG
SJM
MKC
PEP
FLO
BGS
GIS

Are there any public companies involved in the sex doll industry?

>>9537480
I heard Playmates Toys Ltd make dolls

>>9533046
this is a crypto board. get out
sage

>>9537579

any others?

Sex Dolls/Companion Dolls are the future, especially A.I based ones.

>>9537433
>this dude has seriously convinced me that being a financial advisor is not a dead career
Kek.
Yeah, Wall Street thinks it knows its shit, but quants with untraditional experience paint the wall with their stupid cert.s

>>9537409
>only trust my own DD desu
I meant more for the news.
I can't stand all the fucking sensationalism that's pushed in my face all the time. I first noticed it with CNN and the New York Times, but now I'm noticing it in MarketWatch and shit like Forbes or business insider.

>>9537448
>Brazil
Kek.
>BR?
why. explain yourself.
You may want to wait another week or at least don't go ALL IN just yet, judging from the downward momentum

>>9537457
>>9537478
Ok. You've got my interest.
>they drop becuz high transportation costs/higher bond yields compete blah blah blah
Probably not going to touch that shit till at least September though.
2 more fed rate hikes are coming, and the market is not looking forward to it.
Sounds like a beautiful opportunity for value investing though.

>>9537640
Mattel

>>9537609
Kek. Down on your ChainLink investment again, soiboi?
I doubled what I put into BTC before taking it out, but that bear market has another few months of burning before I'll even think about touching it again.
>t. Software Engineer

Nikkei hits 23,000

>>9537657
>I meant more for the news.
i only trust my own DD desu

>>9537374
my 401k is 100% s&p index
no idea why you'd make it anything other than that unless you're about to retire.
they default you to a "target fund" so they can collect more fees while under performing the s&p

>>9537680

They make kids toys

>>9537713
>I meant more for the news.
>i only trust my own DD desu
Kek. So you go out and do your own investigative journalism?

>>9537716
>they default you to a "target fund"
Yup. It's high time for me to go weeding.

>>9537733
and theres nothing wrong with that

>>9537746
personally, I stalk my local rite aid to see whats selling

buy procter and gamble

>>9537746
>Kek. So you go out and do your own investigative journalism?
i actually just drove up and down the coast of California checking out Big5s on my way.. i even took a picture of one and shared it on this thread..

I do alot of talking with other people really though and go through filings, i don't trust any news source really

>>9537782
>stalk my local rite aid to see whats selling
Oh right, were you the one ripping on my GE short?
Kek. Full on The Big Short style of due diligence.

>>9537782
>personally, I stalk my local rite aid to see whats selling

LOL

>>9537782
>I stalk my local rite aid to see whats selling
>>9537836
>drove up and down the coast of California checking out Big5s on my way
I'm pretty convinced now that you guys aren't meming.

>>9537836
>i don't trust any news source really
I get that, but you have to trust some base amount of the info to extent, right?
Like that Trump is the president.
They certainly didn't want to report that.

>>9537839
Buffet checked trashcans thats how he discovered coke

>>9537879
This isnt a game
you have to think outside the box and go the extra length

>>9537891
>Buffet checked trashcans
I haven't established you as a reliable source of information yet. I'm going to look into that.

>>9537879
I also drive by the Big5s by me frequently to see if there are customers. I've even been to the new one they just built

>>9537891
>Buffet checked trashcans
Ok, I can't find anything on that. I'm not buying it.
I still like the consumer goods idea that you're pushing. Those look like ripe value investing stocks if a near term stock market crash occurs.

>>9537891
>Buffet checked trashcans thats how he discovered coke
Usually people discover coke before checking trashcans

>>9537940
I dont joke
My Golden Income strategy will L I T E R A L L Y be yielding me 1 million dollars per month in 65 years. the math has been done

>>9538047
>1 million dollars per month in 65 years
in 65 years that'll be like minimum wage..

>>9537478
Currently holding BGS and GIS. Definitely looking at PEP at these prices.

>>9538007
He was apparently recycling the discarded bottles. Noticed most were Coke.

>>9537782
make friends with the shelf stockers and get them to feed you info on hot sellers

>>9538058
>in 65 years that'll be like minimum wage
Kek. That's what I was just thinking.

>>9538066
Careful not to get meme'd by Nikkei bro.
I'm thinking more and more that he was the actual cause of that cuck that was melting down on Friday evening. Kek.

>>9538058
I guess I could settle for Leisure World

>>9538107
You cant be memed by me
All my picks are value Megacaps, its impossible to lose money on these the next 2 years

>>9538066
GIS I think will be the angel
and Im accumulating Pep, I think it will pump after ex div like what wmt and C did

>>9538121
Ok, I confirmed that KHC is one of Buffett's holdings. I'm believing more of this now.
PEP, BGS, and GIS do look like incredible prices, but PEP's last earnings concerns me.
I'm totally getting back in on AAPL tomorrow. Going back through my trades, I managed to offload my AAPL call right ATH on May 10th. Totally getting back in that shit tomorrow.

>>9538267
Buffet and 3g bought Kraft and heinz, and merged them, made it private, created mondelez, paid themselves an 8% preferred dividend for 2 years, then brought the stock publicly as kraft heinz, he owns it

>looking at Peps last earning
my nigger pepsi owns all the food in the world you know

>>9538314
>my nigger pepsi owns all the food in the world you know

Has never heard of Nestlé S.A.

>>9538314
>bought Kraft and heinz, and merged them, made it private, created mondelez, paid themselves an 8% preferred dividend for 2 years, then brought the stock publicly
Shit.
That's cool.

>>9538314
>pepsi owns all the food in the world
I forgot about that. I bet they are totally fine.

>>9538382
>Nestlé
I heard that's OTC or pink sheets. You can't trade that very easily.

>>9538382
yeah but their stock sucks
Pep has better growth and acquire almost as much

theres almost Tyson but I dont know much about the meat industry

>>9538399
>I heard that's OTC or pink sheets. You can't trade that very easily.
wat?

>>9538433
OTC = over the counter
There's some term for companies that are small, super illiquid, basically penny stocks.
It's mentioned in the wolf of wall street as the stuff the dude started breaking out with as basically a con-artist salesman instead of an investor.

Ha! Check this shit out.
I FUCKING KNEW IT!
I FUCKING CALLED IT!
All that hype over Cambridge Analytica was hot air that didn't effect Facebook's bottom line

>>9535835
>>9535838
>>9535886

Okay boys, I'm back after some studying for uni. I downloaded robinhood and waiting for verification. Going to look at the food companies like Kraft, SJM, etc and throw a few bucks in here and there.

I realize playing with $100 isn't much and mostly earning pennies compared to a lot of you guys but I'm here to start learning

Also bookmarked and looking over investopedia, the lingo and all sorts of stuff.

>>9538501
i know what it is you tard I mainly trade OTC pennystocks.. i don't get why you are saying it is hard to buy? NSRGF?

>>9538501
lol

>>9538520
>I realize playing with $100 isn't much
I started with just $500 to see where it went, that was just a year and a half ago.
Bumped up to $1k soon after. Currently trading with $25k.

>>9538520
lol you can only afford 1 share

but thats ok. Buffet says you only need 1 share of KO and in 80 years you will make 1 million per year

For poorfags: Try these Tankers with high divs and all time lows

TNK
FRO
SFL
NAT

>>9538542
>>9538542

Would have been better to go back in time and invest then, the future of his fever dream KO shares is silly

Then again wtf do I know. I'm only used to seeing crypto where a 500% increase in 1 hour isn't unheard of.

>>9538541
>>9538541

It's a step in the right direction I hope

Better to make a little here and there than to make nothing at all

Make back my original investment, turn the rest into more diversified pickings

>>9537716
The S&P500 contains a lot of shit companies. Same is true of every index.
My company's 401k has pretty limited options but there was one tech fund I put most of my money into that had a 40%+ return last year.

The rest of my money went into developing market fund (which was really just more asian tech companies).

Sure, funds on average will underperform indexs, but that doesn't mean they always will - you just have to find the ones that don't hold shit companies.

>>9538631
Ko is one of the best stocks of all time
You can buy now and sell at 44, thank me later

>>9538664
I'll look that way and check it out

/biz/ has made me greedy, why cant we all get rich bros :(

>>9538762
because the jews keep the white man down

>>9536571
source

Futures mooned
Green day boys

GAP UP NIGGS

>>9538526
>don't get why you are saying it is hard to buy?
It won't be on Robinhood or many other platforms, typically.
Plus, the lack of liquidity means you MUST use limit orders and will probably have to wait a while for your orders to go through.
There's a lack of transparency.
It's also easier to play games like running the tape (which we recently saw with CARV), do pump & dumps, fuck around with market making, etc.

>>9537241
Could have bought basically any s&p 500 index and beaten your gains. Shows that you underperformed as a trader, and you paid to do so.

Don’t get a financial advisor if the cost of management is anywhere near or over 1% of your investment.

>>9538815
T O T H E M O O N

>>9538648
>there was one tech fund I put most of my money into that had a 40%+ return last year.
This is why I like the NASDAQ. It's tech heavy.

>>9538566
>NAT
~20% dividend
Wow.
SFL looked pretty good though. I'm still not touching it.

>>9538848
you sound like a complete fucking newfag. Alot of solid companies are traded in OTC markets.. sounds like the only thing you heard about OTCmarkets is what ((they)) told you. the lack of liquidty ((they)) are talking about aren't stocks like Nestle ((they)) are mainly talking about stocks sub penny and even most of those have good liquidity. ADRs are common.. maybe you should do some research before discrediting something you don't know anything about.

Stop talking as if you know what the fuck you are talking about when you've only been trading for a few months with robinhood newfag.

>>9538904
they need your money

>>9538925
i'll just leave this here

>>9538925
Wtf is Big 5? I know big 4 though. R u from mazars or some shiet

Buy the ETF FONE
and one day you can have one of these

buy Mcdonalds, it dipped agaiun
I dont think we hit 150 again

>>9538925
Kek. What the fuck?
>There is less transparency and less stringent regulation on these exchange, so unsophisticated investors take on additional risk and could be subject to adverse conditions.
>OTCBB stocks are often either penny stocks or are offered by companies with bad credit records.
>Stocks are usually traded OTC because the company is small and cannot meet exchange listing requirements.
>American Depository Receipts, which represent shares in an equity that is traded on a foreign exchange, are often traded OTC, because the underlying company does not wish to meet the stringent exchange requirements.
These are facts.
OTC securities tend to be illiquid and less regulated.
Thus, harder to cash out whenever you want, harder to daytrade, and less regulated means more susceptible to gaming -- like what we saw with CARV, which is rare outside of OTC.

>>9539127
you seriously are a fucking idiot. I can tell you have never ever traded OTC markets. it is actually a bit cringe worthy to hear you talk about it as if you know anything about it.

MKC (owner of mustard) has not dropped much compared to other consumers, perhaps they have a more robust potfoliolo

>your payment of 29.99 to trading view has been sent

WTF I CANCELED THAT MONTHS AGO FUCK

>>9539160
>I can tell you have never ever traded OTC markets
No, I have not.
>to hear you talk about it as if you know anything about it
Well, I know that the options market is much less liquid than trading shares, and my experience with that is consistent with what I have said so far about OTC.

So, what exactly do you disagree with?

>>9533046
>Big green dildo on canopy growth

Laughingjew.jpg

>>9539185
Chargeback and delete your CC from their website

>>9539209
I do alot of business in OTCmarkets through the company itself, i buy and sell convertible debt, convertible preferred shares and other types of shares that you have to sell through broker dealers, these are fresh shares that come straight from the transfer agent that haven't hit market yet. Before i got into the business i thought the same fucking thing as you because of what i read online until i actually started trading them and that was over 4 years ago.. so i find it very aggravating when someone such as yourself will want to put down OTCmarkets without ever actually trading it a day in their life. If you actually go on ihub and read through some of the DD on some of these penny stocks i think you might be surprised at how much more sophisticated the investors are there then most other places in the markets. You're dealing alot with shell companies that have very unique financing, this type of financing is very critical to learn in OTCmarkets imo. Sure it's a bit more risky than stocks trading on a major exchange but the gains are alot larger. The trading is mostly done by broker dealers and indvidual investors so you don't have a bunch of algos and investment banks fucking with the order flow. Sure you have manipulation on the tape but it's easy to spot if you have some actual experience in the market.

>So, what exactly do you disagree with?
the part where you will talk shit on it but never actually traded in it.

Fuck Amazon Ive been waiting 2.5 weeks for my dolls to arrive it better come tomorrow

Short this shit company

>>9539257
I wouldn't say that I'm necessarily talking shit about it as much as saying that it's not for everyone and particularly not a "newfag" like me, as you said.
>The trading is mostly done by broker dealers and indvidual investors so you don't have a bunch of algos and investment banks fucking with the order flow
I'm sure that you can't keep algorithmic trading from being performed. High Frequency Trading, sure, that's gone with OTC though.
You can always manually punch in numbers for doing some algo.s like momentum trading though.
>you actually go on ihub and read through some of the DD on some of these penny stocks i think you might be surprised at how much more sophisticated the investors are there
I'll check it out. It sounds interesting.

>>9539334
if you are going to try and have an algo trade for you in OTC you better be really fucking picky of what stock you pick, like you said they are thinly traded theres a reason why they aren't traded with algos.

>>9539267
>Short this shit company
They do more than their online retail.
AWS is the big thing driving their profits to my understanding

>>9533942

I have a .30 buy order and a $5 limit sell.

Either way I win

>>9539352
I've never intended for my algorithms to be entirely automated.
99% of algorithmic trading does occur with time spans of under a couple hours. I'm shooting for more like something that I run once a day that screens with >95% accuracy what it thinks will go up by more than 5% within the month.
So, calling short squeezes, calling a solid recovery after a massive drop in price, and stuff like that. Then, I go through the list of high confidence candidates that it screened and pick the ones I like on a roughly daily basis.

>>9539385
Up the sell to $7. I doubt the crash is going to happen tomorrow, probably Tuesday.

>>9533942
I feel like HMNY and SDRL are going to be a game of out-wait the other faggots / almost a game of chicken, considering how CARV didn't completely shit the bed the day after, even with the company confirming that people were running the tape.
I've got an iron grip on my options, they're for several months out, and I'm not letting go until they go to 0 or I make some fucking money here.

Smuckers own Meow Mix, Kibbles and Bits, Dunkin Donuts, Pillsbury, and Folgers coffee

Buy this shit

>>9539498
>Dunkin Donuts
Dank.
There's one of those on basically every corner in Manhattan. Shit's impressive.

>>9539445

It would have to jump over 1,000% for that.

>>9539490
CARV is complete bullshit and I dunno what SDRL is. Doesn't look like something I'd be interested in.
>>9539557
Well, it's going to go down to $0.25, then over $7, so it's actually somewhere north of 2800% in a matter of days. You're going to want to strap in for this rocket ride. If I'm correct on this long shot, you're going to want to get in on RIOT. It's going to the moon very fast as well.

>>9539602
>CARV is complete bullshit
It is.
It randomly hopped about 200% last week and it hasn't come down yet, despite the company announcing that there was no reason for it to do so and the SEC taking an interest.
It's absolutely going down, but it hasn't moved much yet.

>>9539022
GTFO

>>9539717
There's a fair share of newfaggotry in this thread.

>>9539498
I’ve already been eying KHC I think you memed me into SMJ too.

Kiss your money goodbye Goldbug fags

wat happened to target? seems yesterday they were the butt of every joke.

waiting for my questtrade account to go through then im buying some KHC and SMJ. any advice? im opening a tfsa to do it

>>9540076
oh also Campbell and hmny cause yolo lol

>>9540076
youre doing the right thing
Throw in a growth stock like BRKB

>>9540087
word! sounds good. is questtrade a good call? i realize a tfsa is pretty standard for this kind of investment. questtrade seems decent enough. i just hope they process my accounts before the markets open

>>9540132
never heard of it, as long as theres no commissions its good

>>9540132
dont go all in because consumers are still technically on a downtrend, although its very late stage
buy like 1 share per day

>>9540087
>growth stock
>BRKB
Kek.

>>9540019
>wat happened to target?
No idea. I sure as fuck don't shop there.

>>9540170
yeah lol brkb is a gay stock and thats coming from a trans girl

>>9540170
it is by definition
it also outperforms the dow and sp every year, and its not right now, which means its time to buy it

>>9540193
Alright Ill just keep all the money to myself you freak

What's the best direct access broker software you can use?

Has to support shorts and access to the TYSE market as well (along with the main European and American ones)

>>9540201
o i mean thats a fair point tho

>>9540214
u kno it

imagine buying 500 dollars of nvidia in 2014

Its bed time
See you in 5 hours

>>9540264
sleep tight dont get 2 sticky w all that jam

>>9540278
i should be getting my account in 5 hours time. a fucked time to start buying stocks lol

>>9540201
>it is by definition
Ok. I guess it fits the definition, but it's run off of value investing.

>>9540264

goodnight lad

>>9536571
>Also (((pattern daytrader))) force me too
Lol, poorfag with less than $25k

>>9536903
>getting raped by fees
>shoot the shit once in awhile so feelz good about it
>they can be good for getting a pulse of the market
>aka getting bullshitted
>they pretty much just reinvest dividends
>mutual funds do this automatically
>could buy vanguard funds yourself for 0.15% expense ratio + $20/year

>>9540640
>shoot the shit once in awhile so feelz good about it
Exactly what I was thinking.
Just sounds like parasites / leeches trying to make you feel good for letting them ride off your money

Another day, another time for me to tell you lads to buy ENCE

>>9541452
>buy ENCE
Sounds gay.
You're not a homo tho, right?

>>9541460
Straight as Eucledian geometry friendo.

>>9538384
>Shit.
>That’s cool.
Means nothing good for you though.

>>9538566
GMLP

>forex margin trade fubar
>crypto margin trade fubar
>stock margin trade fubar
>huge SPY gap up
>huge RKG tushy gap up
It going be one of those weeks ;_;

>>9542015
>forex margin trade fubar
did you short the CNYJPY pair ?
fucking chinks

>>9542015
>RKG
hmm what stock is this?

>>9541481
There we go.
I was worried people had suddenly started thinking that the internet is super serious business.

>>9541897
>Means nothing good for you though
I mean, if I ever get stupid rich, I could do something like that.

Not gonna be super active today again until AH. Sorry famalam.
Happy trading. May the gains be with you.

>>9542037
Me know this blue board and no one like guro but....
Me was once 200+ pips on EURUSD... why me not close at 200 pops u.u

Good morning Smart Meals General, how was your weekend? Got any fun weekend plays to execute today? I got some calls on SLV and TLT to watch.

>>9542220
On ZeroHedge during the weekend, it seems EURUSD is having a very high short positions among specs.

The main issue with EUR weakness is Italy.

Knowing the guidos being the niggers of Europe and hand-talking faggots, they make a lot of noises and threats but will probably end up folding. And the EU bureaucrat fags will once again kick the can down the road. And that would be the catalyst for the unwinding of the shorts.

There was also an interesting article about USD strength and what it means for EM markets.

Morning all

>>9542521
good mornin', fren

i wanna make some kind of convergence play on italy but options on bonds or bond etf's are non-existent or extremely illiquid. shorting dutch/german and buying italian mite work but i prefer a less capital intensive strategy

thoughts?

>>9542249
Morning, anybody see that GLDen Knights sporting event? I'm long GLD all week. Probably should wait to average down, but this dollar is smoking crack right now. The way things are going pretty soon a dollar is going to be able to buy 2 dollars worth of shit. It does not make any sense at all.

>>9542621
They're going to win the cup while my calls are going to shit the bed lol

>>9542249
GE shareholders will own 50.1 percent of the combined company. Who holding on for this ride?

>>9542621
>>9542715
Isn’t it the first expansion team to get this far since the 60s.

ENCE giving you guys a chance to buy cheaper for today

GLD is down, but SLV is up. This doesn't make any sense to me. Fucking market, am I right?

>>9542883
Did you check the historical gold to silver price ratio ? Maybe there has been an imbalance during the previous weeks ?

Today will be a fun day.

>>9542734
Yea, I'm rooting for them

>>9542883
Good news for me

what calls should I buy to profit off this run?

I'm thinking short bonds is still safe. I heard something about an OPEC shit post from Moscow or some damn thing this week, so watch your oil positions, there's definitely going to be some movement. I'm liking this IWM, definitely going to go long on that. Short volatility should be ok. I don't know how I feel about getting into tech this week with the FB shit post coming, could bring the whole sector with it as we've seen in the past. Going long financials (XLF), long China (FXI), long SPY.

>>9542249
After AMAT had a post-earnings crash on Friday, I bought calls. I wonder what they'll open at today?

Also I bought calls on RGR and AOBC after the shooting, but the media isn't making a big deal out of this one because the fuckboi used a shotgun instead of an AR, so I dunno, I might have a small loss on those

>>9534486
bonds are going up this week. get on the boomer bond train unironically. its not gonna be a fucking blast off to the moon, but they should absolutely go up.

>>9543027
You think yields will fall?

>>9543016
I bought a block of XLF on Friday. Anticipating a smooth move short term to 31 then 33+.

>>9543016
>I'm thinking short bonds is still safe
you still talking treasuries?
all of my research is indicating otherwise.
i think FED is gonna pump this week, in addition to lots of bond boomers coming back to buy that dip

>>9543033
the 30yr (closest to TLT) yield WAS down to 3.2% last night. it popped a little because it looks like people sold off the bell at 8:20. but i suspect theyre gonna run up in anticipation of monthly divs as well. and if equities is flat or red, even more so

its almost time

>>9543033
check OBV (on balance volume) on TLT. its increasing for the fist time in a while. thats usually a sign of a pump

Plan for today
Too depressed for draw penises:(

Amd gonna break 15. Screen cap it

>>9542971
BAC and C. Post trial T.

>>9543038
33 soon

>>9543058
Ok, I'll stay out of the bonds for this week.

>>9543108
i mean they move so slow, you might be right, and it might not matter. im just saying, i was looking at them a lot this weekend, and i think its pump time

You held on to your MU stock, right anon?

>>9543122
No it could be pump time. I mean long term shorting bonds is a great move for probably a few years at the least, but that doesn't mean there isn't going to be sideways action at times from week to week.

>>9543122
>>9543108
bond master here

Buy junk bonds this week for the div run up

>>9543145
I DID I'VE BEEN HOLDING SINCE 59.37 but on Friday I bought some more lowered my average price to 57.18 I can see the light!

>>9543153
im looking at doing calls for essentially the same thing all week. ex day aint till next week anyways

Let the week of HMNY begin

IT BEGINS

>>9543153
If all I have is Robinhood, should I buy JNK?

>>9543196
It's Mommy Yellen's 2017 again, so yes
GO ALL IN

>>9543196
VWOB or JNK are good

XOP
get the fuck in goyim. were gonna go explore for some gas and petroleum products... on the moon

Yeeeeeeeeeeeeessssss

>>9543070
I've actually been too afraid to ask you, or anyone in this general. I'd assume you'd know how to read this, so how the hell do you read a chart like this, and what is this chart?
Today's going to be a massively green day for me today. I can read the news and world events like a motherfucker and it's looking like another safe 5-8% increase in portfolio. Everything is green.

MU guide us.

>>9543213
lmao that made me laugh. Have your (you)

>>9543235
its for real though
its an oil week. check XLE too. nice liquid options, both going on a moonshot this week.

UVXY's COO was found in Florida this weekend and got arrested

What does this mean for the TVIX buyout?

I knew AMD would fuck me over god damnit su

MU to the moon

also

pretty entertaining to watch
twitch tv / tradestreams

heh, this is going to be a great week to short the market.

Fake tradewar headwinds. Make money on this rally and sell when we hit resistance again, just like last week.

REAL cheap calls on uvxy today. Buy them to hedge your portfolio.

>>9543196
VWOB is a better yielding one if you can buy it
it aint gonna make you fucking rich, but its some pretty safe money imo.

>>9543294
was thinking about picking up a couple moonshot calls on UVXY

>>9543311
Go waaay out to like September and buy ones that will always be in the money like a strike of 7 or 8, the greeks will hurt you less as the options age. Youll get nice spikes on selloff days as IV increases to hedge your longs against.

>>9543330
thats an interesting way to avoid theta. i normally just get some that are like 2-3 strikes OTM. but thats a good point anon

made a tidy 51% on AMAT calls held overnight. Why does the market overcorrect like this, so predictably?

Pepsi will reach 100 today

>>9543226
Those horizontal volume bars you see makeup an indicator called the Volume Profile. Each separate profile applies to a different trading day.

I think her strategy is based around looking at where the US session opens. This open is being used in combination with Volume Profiles of the past several days, she highlights Points of Control (price level areas where most of the volume is traded).

She's opening positions (short or long) based on where price moves, relative to certain areas on the relevant Volume Profiles.

>>9543368
yep its already time to swap strategies, this is what happens when big money is no longer a part of the bull rally.

>>9543226
Ok will explain next thread when reposting

>>9543393
Where price opens, relative to certain Points of Control, is key to understanding what positions to take, once price moves to certain other areas.

DOW 25k the orange fuck actually did itm

>>9543435
energy sector moonshot helps a lot, id say

anyone have some good solar memes other than RUN? i wanna draw some lines

>>9543294
>fake trade war headwinds
100 times this

>EGY

WHAT THE FUCK MAN
WHY DOES IT KEEP GOING UP

>>9543482
>>9543482
>>9543482

Fresh bread

BIDU getting boggggged. I'm about ready to buy calls, how far can it possibly go?

Quick reminder, that Steinhoff will recover