/biz/ - Business & Finance

should i keep holding sunrun? bought at $8.

ALL GREEN ALL DAY

Deans

It's just a fart cushion, whats the big deal? Very considerate of him to not leave the public chair smelling like ass

NOOOOOOOOOOOOOOOO WHAT'S HAPPENING STOOOOOOOPPPPPPP

>>9748347
>4 inch booster seat
holy fucking shit, please tell me that's his wireless charging pad because this can't be real

Its already over

https://www.youtube.com/edit?o=U&video_id=Ezfkh9pTTpA

New Podcast! I had it made before the Zuck drama, but zuck is fucked

>>9748409
Fuck wrong link >:(

https://www.youtube.com/watch?v=Ezfkh9pTTpA

That beautiful last 1 or 2 minute power dump of TLT put me over 7k gains.

>>9748357
i think oil might stop falling for a little bit, so its probably not gonna get too much more ugly. but those alt energy memes are gonna be affected by the lower oil price if it stays down.

i was short oil on DWT since thursday but i covered today. im gonna wait until i hear what OPEC has to say before going really long on all of them again. but i suspect itll go back up at some point

>>9748430
did you sell em on the bell?
could still go either way, but im back in with a small amount

>>9748430
is that dump and pump when you started trading options?

>>9748423
>Dropped HMNY
Your gonna feel the FOMO EOY
Drop 100 bux and forget about it

$JD goin up niggers!

>>9748423
once the Normalfags watch the videos NWL is gonna moon

>>9748471
After I lose another 4k on my shares I'm sure that 19 Cent price is gonna look real alluring.

>>9748455
Nope. Holding.
The technical indicators on investing.com are making the classic "fuck you" line-up pattern.
Plus, open was easily the day's high and close was easily the day's low. That's a marubozu candle. This shit has more momentum left in the take to gap lower at open tomorrow.

NKTR absolutely rekt today,
down 41%

>>9748464
A few days after.
Called the hot air on the FB scandal too soon. More than made up for it though.

>>9748497
>trusting your gains on a chink tech company

>>9748533
The commie days will be fully ending soon! #ChineseAmazon

>>9748430
BULLISH

>>9748510
yeah i think itll dump thru that gap too

but im wary of going too heavy into the bond auctions tomorrow. stay on your toes. still think that people will choose the 10yr over the 30yr as its a way better deal. if that happens longterm treasuries are gonna get that kick in the teeth i was talking about. and if FED keeps on its plan of hiking rates, thatll also push it down

>>9748543
remember. when heavily invested in chinese memes, you have to deal with chinese shitposts.
tho desu one of my buddies was showing me that one too. it does look good

>>9748588
If people take a greater interest in 10Y, that would narrow the yield curve...
If they go after the 2Y instead, that's good for the yield curve. Also, a decreased interest in 10Y means a decreased price.

If there's an auction tomorrow... More treasuries are being introduced, possibly devaluing those already in circulation.

I think the auction is most likely to help our puts here. Why would people be eager to pick up new 10Y treasuries being freshly dumped on the market, particularly with a widely expected rate hike right around the corner?

I was not aware of the auction tomorrow, thanks a ton for bringing that up!

Alright my niggas, I'm changing the format of the podcast. Another Anon suggested this, and I think it's a good idea. Instead of doing youtube videos, every Friday at close I'm going to run a live radio call in show where Anons can call in and shill their stocks and generally be retarded on air.

I just have to figure out the set up, and we can go live soon

Thanks to the Anon who suggested it! It should be more fun than the 3 videos a week

I have some memes now. Let's see what tomorrow shall bring

>>9748667
>Why would people be eager to pick up new 10Y treasuries
these dudes who buy bonds at auctions do it in huge lots. if the yield on the 10yr is almost the same as the 20, theres no reason NOT to grab some of the shorter term ones while theyre cheap. especially so with an expected rate hike around the corner. the shorter duration bonds dont get exposed to NEARLY as much interest rate risk

>>9748739
I asked Warren E. Buffet, he said he would call in to shill

>>9748739
Oh that will be fun!

>>9748771
>if the yield on the 10yr is almost the same as the 20, theres no reason NOT to grab some of the shorter term ones while theyre cheap. especially so with an expected rate hike around the corner.
A rate hike would make them even cheaper.
When the bond yield goes up, the price decreases

>>9748739
>Instead of doing youtube videos, every Friday at close I'm going to run a live radio call in show where Anons can call in and shill their stocks and generally be retarded on air.
Dank.
>I just have to figure out the set up, and we can go live soon
Live talk radio?
Blog talk radio?
blogtalkradio.com?
Do you remember those raids that /b/ used to have where some dumbass would be letting people call in?
There was T-rucker, the Christian Bible talk studs, usually some nogs going on about "goin off tha grid"

>>9748822
yeah but like i said, these guys who buy bonds do it in huge lots and they "ladder" them. the idea being similar to dollar cost averaging, but with bond yields. the idea is to keep a constant stream of maturing bonds, while gradually increasing your avg yield on the way down as the FED increases rates. that shit compounds when youre buying in million dollar lots.

i agree that tomorrow will probably be a limpdick auction, but SOMEONES gonna buy some, and if they arent retarded, theyll probably go for the shorter term ones. the yields on the 20-30yr ones are about to get way jucier, so theyll probably just wait a month for another hike or two.

either way, since the hike is expected, itll be advantageous to shift OUT of longterm ones right now (as theyre still up from last week by a good margin) and buy up some more shorter term ones

holy shit I did it /smg/

>>9748904
Ok, that makes sense.

Where do you read about this shit?
I only get small amounts of info on this from WSJ on the rare occasion that shit's going down.

>>9748936
What the fuck.
Have you just attained 200k in your account?

>>9748936
God damn you have 200k and you hang out here?

Well back to January highs, altho I have tipped above $4,400 for like ten minutes a couple times since

Highest end of day ever, so I'll take it

>>9748936
gr8 job m8
is that a new ATH?

>>9748947
frank fabozzis book "bond market analysis and strategies". its in the /pdf/ thread in the bunker

or do you mean the treasury auction schedule?
i got it as a pdf right now. ill post it in the boiler room thread

aaand ath nasdaq

>>9748886
How did you do today mr 2 scoops?

>>9748963
>>9748998
yes, its been a long journey but here I am at 200k. today pushed me over the edge and I'll probably be blow it tomorrow but my sights are high, I'm going to at least 2.5 million.
>>9748965
/smg/ is the best thread on 4chan, of course I hang out here

>>9749040
Just dump all of it in SPY and forget about it man, why take any unnecessary risks at this point?

>>9749040
hey even if you "blow it" youre still doing damn good m8. keep doing what youre doing
>/smg/ is the best thread on 4chan, of course I hang out here
damn straight

as far as im concerned, this is the only thread on 4chan

>>9749026
Pretty good. Made 2% (pic related) and cleared a landmark:
>>9748430

Didn't end up dumping my TLT puts, but followed the majority of my plan for the day.

How did you do?

>>9749040
How long did it take you to make it to 200k?
Congratulations btw.

>>9749094
Almost exactly the same. I was at 3% but the closing bell sell off took me down a percent. dudeweedlmao still pumping up and my TWT is doing pretty dandy. When I sell my dudeweedlmao stocks I might look into buying some SNAP. Their recent gains kinda scare me though, I'll probably for a dip.

Why aren't options constructed so you could buy for 10 dollars. I just burned 1700 dollars on a 2 month put on netflix. this is fucking retarded.

>>9748936
Me jelly
But congratulation m8

What is your investment style ? (Buffett-sama style, macro play, day trading etc) What was your time-frame to achieve that ?

>>9749142
another one bites the dust

>>9749142
>this is fucking retarded
driver, not the car
shooter, not the gun
etc...

>>9749060
SPY is my biggest position and always has been, even when I just had a few hundred invested. this poster was me >>9746876
imo people should be 90% index funds 10% fun bets.
>>9749158
my fun bets are usually slow 'value' plays that most in this thread seem to reject, I have a stake in GE for example. but admittedly I've lost a few hundred on that.
>>9749120
thanks man. I've been a big saver my whole life, in middle school I had $800 stowed away and in college I was surprised that my mates were going paycheck to paycheck even though they earned more than me. so you could say I've been investing for a long while. trump helped of course.

>>9749142
Option spreads could help you, but your delta would be much less.
i.e sell the 250 put and but the 245 put
Max loss is 500-the credit you get.
Cons is you have to slowly wait for the theta to come in if the stock doesn't move much

Or use synthetic stock to lower the BP
Buy ATM Call/Sell ATM Put
cons max loss is undefined, but you can just have a stop loss or buy a further OTM put.

>>9748409
Based Comfy !!!

Also, I copypaste here the reply I made in the video comments about ROAD:

Based Comfy

The anon was from Georgia and in today's earning call, ROAD stated they acquired Scruggs Company. My guess is that anon worked for Scruggs.

I am dissapointed by today's price action on ROAD but my thesis still stands.

The acquisition is very beneficial in my opinion (ROAD paid $0.73 for $1 of Scruggs sales with a potential net margin of at least 5%) and those Alabamian hick management gave a very nice guidance for FY2018 (+23% revenue Y/Y, +50% net margin enhancement).

ROAD has now a solid foothold in Georgia and I expect them to gain market share there steadily.
Balance sheet is still clean and lean, which enables the potential for ROAD to get more aggressive if need be.

I, in the name of AUIC, reiterate my BUY rating with a price target of MID-TEENS™ ($16), with a time horizon of 6 months to 1 year.

>>9749135
Yeah, I don't trust SNAP.
The recent pump is from between the CEO saying "don't worry, I know what I'm doing, I swear" and an announcement of a partnership in India that's supposed to help them monetize.
I specifically remember seeing the word "help" in whatever I read about India and monetization... which implies they don't have a complete plan for being profitable yet.

>>9749142
>Why aren't options constructed so you could buy for 10 dollars. I just burned 1700 dollars on a 2 month put on netflix. this is fucking retarded.
>on a 2 month put on netflix
Well there's your first problem.
Short term put on a FAANG stock.
It is overvalued, but the market can stay irrational longer than you can stay solvent.
FAANG stocks are fucking memes. Their price growth is propelled by fucking magic.
But yeah, it's hard to play options with low capital.

>>9749277
snap is fucked imo, they've been outcompeted by instagram
facebook has infinite money to burn developing insta

>>9748886
I loved those raids desu, 10/10. I doubt we'll get raided, but if we do it'll be hilarious.
I'm just going to use twitch, but not post face because I'm not an attention whoring twitch thot. It'll be radio, but I'll put up a live stream of a fish tank or something for maximum comfy while you listen

>>9748936
Congrats Anon!!! I hope you're free from waging now

>>9749325
oh yes

>>9749222
>thanks man. I've been a big saver my whole life, in middle school I had $800 stowed away and in college I was surprised that my mates were going paycheck to paycheck even though they earned more than me. so you could say I've been investing for a long while. trump helped of course.
I've been a long term saver too. I think I just have nothing that I'd want to spend the money on.
It's mesmerizing how normie frequently seem to have no self control with money.
>my fun bets are usually slow 'value' plays that most in this thread seem to reject, I have a stake in GE for example. but admittedly I've lost a few hundred on that.
Nikkei bro and big5guy do value plays.
Most people only post their short term strategies. I hardly ever bring up the shit I've been holding for months.

>>9749342
Buy ROAD
See >>9749239

>>9749325
Just live stream 1m spy chart

oh lawd jesus buy the nektar dip

>>9749380
nah Lord Shkreli deemed it as a shit company

Fuck Big5Guy. I hope he gets hit by a bus

>>9749312
This. Bingo.
Also, FB is actually turning a profit AND rapidly growing it. SNAP simply hasn't figured out how to yet, and it really shows in their last few EPS.

>>9749325
I miss the good raids that /b/ used to regularly have.
I'm fairly certain they're mostly gone because the mods will ban you for participating in a raid thread now.

>>9749333
no lad I still wageslave but I like my job so I dont plan on quitting. a safe withdrawal rate is 3-4% per year so if I wanted to life off my portfolio, I'd only have 8k per year. a fair goal for financial independence is 2.5MM which is a little more comfy but I might not stop there

>>9749373
Road looks like a scam DESU.

Anybody else in ODP?

>>9749439

You’re an idiot desu

>>9749460
Why does a billion dollar company look like a penny stock?

>>9749003
Man, the last time Nasdaq diverged so much from the others was the dotcom bubble. So Dotcom Bubble Part 2: Electric Boogaloo?

>>9749439
I don't deny the "exit scam" risk because the management is composed of Alabamian hicks and there have been transactions between the Company and family members of some of the Directors.

I read their IPO prospectus. All in all, I found their business to be legit and for once literally down to earth. It is an under the radar company that actually turns a profit and generate positive free cash flows. They did the IPO for good reasons and it is a nice value play imo.

>>9749511

>>9749501
i really don't want to explain in detail or else people will just think i am ranting.

>>9749511
I keep saying it man.
June 13th Fed Shitpost will be carnage.
I sold all my tech stocks on Friday. (Really hurts too desu)
Not buying back into my tech stuff until the tech stocks correct.

>>9749529
ah so instead you want people to think you're shilling?

>>9749512
How do we know theres going to be a buyout?

>>9749528
3rd rate hike is slated for June 13th.
Both of the last 2 absolutely whipped the stock market.

woah check out this 3d yield curve chart
bretty gool

>>9749529
Tbh I've started buying whatever you say if it doesn't look like shit on my newfag stock screener
ALT obviously excluded :^)

Everything looks too toppy. Most of the options are stacked to the call side. I dont want to buy anything at this level but i dont have balls to short it either. It doesnt look normal. Nothing changed in the financial or political landscape so not sure where they are pulling all these green dildos from..

>>9749574
Has big5cuck ever posted his p/l?

>>9749571
christ I wish I could lend money to the feds at 8% per year
where is this from?

>>9749539
i really don't give a shit what they think.

>>9749571
I'm rock hard looking at that beautiful chart

>>9749561
Like a Cold Virus, every hit will be less
every less uncertainty = new moon mission

>>9749512
>It is an under the radar company that actually turns a profit and generate positive free cash flows.

for some reason this sounds like shilling jargon

>>9749590
i found it on zerohedge
also
>christ I wish I could lend money to the feds at 8% per year
well if things dont crash and burn, well probably get there eventually. weve had them so low for so long, it stands to reason that we would then have to raise them high after all that. you know how the FED has a boner for "equilibrium"

>>9749610
i know its really cool. so if you "turn it" to the left and look at it straight on, you see the yields on that specific day across all timeframes. if you turn it to the right, you see the short term yield curve over time, and by "moving inwards" on the z axis, youd be able to see the various bond maturities yields across time.

really wish i had a chart like this. i have the feeling that central banks are like holodecks and theyre all in there surfing the yield curve. fiscal policy is just an unintended side-effect

>>9749612
I just want tech stocks to dive so I can feel justified and not have to buy back in after missing out on gains :(

>>9749620
Everything sounds like shills until you personally make money off of it

>>9749551
I find it to be a very subjective matter. You really have to read the prospectus and "feel" the story the management is trying to tell.

In the case of ROAD, the balance sheet is very light and straight forward (not much goodwill or intangible, little debts)

Management gave out their strategies which I find sensible in their case (I usually hate growth by M&A but since they are buying out private companies which are family owned, I believe in their capacity to strike out a good purchasing price)

ROAD has a leader position in Alabama and they will get most of the bids there. They need money and access to the broader capital market to facilitate their M&A strategy and aggressively gain market share. Plus, their financial reports will be readable by everyone. ROAD's smaller competitors would know how formidable it is.

The CEO is the founder and I feel he is ambitious and wants to be a chad billionaire instead of a virgin millionaire.

>>9749675
>i found it on zerohedge
post the link

>>9749590
https://www.zerohedge.com/news/2015-03-19/visualizing-history-worlds-yield-curves-glorious-3-d
heres the article btw
meant to post it

>>9749620
lol you are righ
t
I sounded like I was talking about some other chink scam shitcoins

In the case of ROAD, it is really under the radar (recently IPOed, coverage silence period, small market cap)

I try to analyse and do coverage on companies because I actually want to work in the financial industry.

Besides, I really like to be right about something.

>>9749727
thanks
here's the interactive version
https://www.nytimes.com/interactive/2015/03/19/upshot/3d-yield-curve-economic-growth.html?_r=1&abt=0002&abg=1

anyone else having trouble take trader naps lately?
Cant sleep with Dean's on my mind

>>9749741
i know i just found it
its so fun

>>9749736
im interested in this ROAD but i cant get that pet semetary quote out of my mind
https://www.youtube.com/watch?v=rXgbUsuUcoo
>'you wanna watch out for that ROAD'
what did he meme by this?

>>9749460
Sure why not. $500 to ODP babyyy

>>9749741
holy shit that part about germany is ridiculous.
so they just QEd themselves into negative rates? i dont even understand how that happens desu

>>9749760
I;m thinkin about those Dean's

>>9749911
yeah the europeans have been paying negative intrest rates for a while now. japan started in 2016. not good or healthy

https://www.bloomberg.com/quicktake/negative-interest-rates

here's a viewer for yield curve in the US more recently. much worse than NYT but it lets you watch as the curve flattens. click "animate"

http://stockcharts.com/freecharts/yieldcurve.php

>>9749741
>mfw the 30 year yield is 4%
>tfw inflation is 2%
>real interest rate is 2% yield
sad

>>9749911
Why is it so cheap for the Japs to borrow money? They are literally over 200% GDP in debt, do people really believe they can carry that forever?

Why don't you stop trading your stocks and get your cock Zucced?

https://bitcointalk.org/index.php?topic=3761715

>>9749999
The yen was too strong, now they can print more money

>>9749976
Better than savings accounts or CD's right now.

Treasury bonds are really just a method to safely park cash and stay a bit ahead of inflation. When you generate a shitload of excess money (like China does) then you need to have some way to store it all while you try and figure out what to do with it.

>>9749999
QUAAAAAAAAAAAAAAAAAAAAAAAAAAAAADDDDDDDDZZZZZZZZZZZZZZZZZZZZZz

>>9750013
fuck off pajeet

>>9749958
very cool. its kinda spooky how accurate this stuff is in predicting macro economic trends

Twitter added to the S&P.

>>9750078
>tfw sold

>>9748515
>two cruz

what

How?

I hope you goys bought the Nintendo dip.

test post

There are now TWO (2)

T W O
W
O

days until Canadian senate votes to legalize recreational marijuana. Random bullshit tickers like TGOD are starting to pump on no news. Be advised.

>>9750147
I dont want to invest in twitter, kind of lame its in spy now.

>>9750917
why do you care what you're invested in as long as it makes you money?

>>9750947
would you invest in a company that triples your investment but traffics children?

>>9750963
As long as I wouldn't be held legally responsible for the company's actions, sure.

>>9750775
I heard they were going to grow their own

>>9750977

is it gay to buy stocks from another man

>>9750977
no but seriously, twatter censors the shit out of non liberal views, its a literal mouthpiece of pro liberal / marxist propaganda. id wager half its users are bots and it has always had problems making money. I dont want my retirement bundled up in that bullshit.

>>9751035
The sooner you get that stupid mindset out of your head the sooner you'll make money son.

>>9751035
>>9751049

this. get money who cares about that faggy shit? instead of caring about politics you could be making money for yourself off of lefties bitching online lmao.

I have a question boys.

What index is Canopy Growth Corp combined under?

Like, if I were to look at AMD. AMD is a member of the S&P 500, so I can take a look at the S&P 500 index.

What about Canopy Growth Corp? It's listed under the Toronto Stock Exchange but I'm not sure what index it is included in.

>>9751049
>>9751095
you fuckers would sell your own kids to make some quick cash, lmao

>>9751125
There is no difference between selling your own children to make money and buying a stock in Twitter.

>>9751120
CGC is on the NYSE

How can I take 50$ and it $500 with this? Give me the bog pill rundown.

>>9751095
This. Who cares what they think. I want to make $. Do you care what your cattle think?

>buy UAA at $18
>watch it lose 40% of its value
>now up 24%
the HODL meme really works

>>9749976
Are you still running Autism Inc?

>>9751211
yes

>>9751211
Deans's cares

So how do I even get started. I just opened a bank account and paypal.
I know nothing except that jews operate the little stock machines and little jew tokens come out that I can trade to slant eyed jews for gold or goods or maybe for a hamburger if I'm lucky.
Shit posting aside please give me the run down

>>9751579
>buy stocks
>get free money for life

http://www.businessinsider.com/starbucks-howard-schultz-steps-down-amidst-presidential-rumors-2018-6

can anyone tell me why pic related isnt the obvious outcome for the bonds market over the next few days? it seems the FED has kind of painted itself into a corner here. they have no choice but to dump on all the longterm bonds, and possibly pump up the notes to avoid letting the 2-10yrs yields look too attractive tomorrow at auction.

is there something im missing here? i know this is not what the yield curve is suppose to fucking look like, and i know they have a vested interest in keeping it healthy and curvaceous. the only other option would be to become more aggressive on raising rates, no?

>>9751035
wanna hear a seekrit?
everythings a psyop.
everyone and everything you see and hear is trying to make you polarized about everything.
political theater is the new bread and circus.
ignore it and you will suddenly find that it has absolutely no power over your well being. focus on making money instead.
youll feel a lot better
>you fuckers would sell your own kids to make some quick cash
nah kids are an extremely illiquid asset class, and hard to flip until close to maturity. not worth the effort, or the commissions desu

Big5Guy should rope his neck

>>9752061
kek
why tho?

>>9752081

He’s an insufferable imbecile that needs to be put out of his misery, and we need to be put out of the misery of his daily presence

>>9752122
did you miss out on BGFV? don't be a hater

>>9752175

On what? mid-teens?

>>9752212
my average cost was 5.50, sold at $7, but if i held to $9 that'd be 63%.
still at 27% that's better than 90% of smg did during that time period

>>9752122
idk
i dont think hes a bad guy desu
hes always been pretty straight up with me

did you get burned on an OTC meme or something?

Idea; Short hotel stocks. MGM looks ripe

>>9752260
>>9752212
Don't bully Big 5, smg is a safe space >:(

>>9752462
LOL
you need glasses comfy?
im sticking up for the guy.

>>9752491
I know, I just gave you a free (you) >:)

Is it wrong that I'm paranoid this guy is a false flag set up by Big5Guy so we like him more?

>see daddy long legs
>Take out my Johnson and Johnson brand Raid spray
>it doesnt kill instantly like the bottle says
>slowly chemical burns it to death

b-based

>>9752538
>killing daddy long legs
HOW MANY MUST DIE NEEDLESSLY BEFORE WE SEE THEY ARE A PEACEFUL RACE

Pretty sure I would be fomod into ROPE and KYSF if not for you fine gents, love you guys no homo. (Big5 too)
T.uso options faggot

>>9752666
you still trapped in the long USO position?

ive been digging around trying to understand the discrepancy between WTI and brent spot prices. i think ive got an answer, maybe. i think it has to do with us re-imposing sanctions on iran. obviously the OPEC FUD didnt help, but since that leg down, its continued.

its important to remember that US sanctions are essentially a way to attack a country (economically). irans economy DEPENDS on oil, and since theyve been bein "bad goys", we slapped sanctions on them (and their oil in particular). since oil is irans main (read: only) export, this will nuke their economy and leave them starving. and starving people make for angry, sometimes violent (with a little funding and some guns) revolutionaries. im sure you see where im going with this. same script as syria and all of the arab spring (and really the last couple decades).

so i checked the middle east for whats up. turns out iran is responding to the sanctions via upping their own production (1, out of neccessity, but i think 2, as a way to bitchslap OPEC/saudis as well as the US). not only THAT, but theres also news that the SAA is sending in troops to deal with the extremists that are posted up in golan (ie the place in syria with all the oil. the same place that GNE or genie energy (an israeli company), is trying to drill across intl lines, into a conflict zone). and on top of that, i also heard rumors that syria will be selling more oil to the kurds now that the kurds have been more or less hung out to dry by the US coalition.

so what we have is, initially, OPEC just doing what it does to manipulate oil and keep the prices from getting out of control and going into a speculative bubble. but then sanctions on iran (which the UK/EU does NOT have, thus the discrepancy) cause a further crash. and then syria crashes it further. i think OPEC will have no choice but to not increase production as they implied a few weeks ago. they still need it to go up.

>>9751120
YOu missed the boat on canopy. Canadian here. This summer the pot is supposed to be released to the masses and rumour is everyone will dump and take profits off the table.

>>9752854
yeah i dont think anyone here is enough of a stoner to think that all the weed memes are just gonna moon on the news of legislation. even if it DOES go great (which it might not), then it will still be months before most of these smaller companies that arent already established are even able to sell anything.

im probably gonna sell premarket thursday, or perhaps closer to the whole shindig (whatever time it is. i assume its during the market day)

>>9752854
tell you what though. i cannot wait to go troll all the stocktwits stoners who are gonna ride right over the top on that shit.

theyll all be like
>this is SO UNFAIR
>why is it going down?
>uggggh i thought we were going to 100
etc

>>9752851
I deeply hope you are right(Long on oil). However, if the price difference bewteen the WTI and Brent is caused by US sanctions, brent would be lower and WTI higher.

>>9752854

Right, just like when BTC had futures listed, then pumped to 20k.

There's so many examples in crypto where "buy the rumor sell the news" has not worked. Albeit, it does work sometimes.

I have a problem with these types of sayings as they are clearly confirmation bias.

>>9752901

This is literally a meme market again. HQY is at 100x forward P/E. All meme tech stocks are up 100%-200%.

I unironically believe CGC will absolutely hit $100 a share this year based on pure speculation. There are so many dumb fucks who buy memes it is unreal.

>>9752851
>the place in syria with all the oil
oh so that's why israel invaded

>>9752914

Yeah that already happened back in January. Every bubble is the same story. If you want to make money on weed you must understand going in that it will bubble and you must trade and profit take accordingly.

>>9752929
hmm maybe youre right. i dunno my heads spinning and i just kind of came up with this theory after looking at some news and getting some rumors from /sg/ (not this one). this shit is complicated

>>9752975
yes golan is a big reason that syria was destabilized imo

i also believe that a similar reason (oil) is behind the US coalitions alliance (no longer) with the rojavans/kurds. if you take a look at the land that the kurds were trying to claim as their own, youll notice that its pretty much ALL of the oilfields that are currently under the jurisdiction of shia crescent countries. i can only imagine that we were stringing the kurds along to "help them get their own country" (ie set up another puppet state who would be friendly and trade oil with israel/US/west exclusively, thus hurting all non OPEC countries). obviously thats all out the window right now as the syrians and the kurds are now trading oil and fuel with each other. they will likely be working directly alongside the SAA/russia to kill ISIS faggots and turks.

>>9753065
>Muhammad LLC
where do i buy?

>>9752961
>I unironically believe CGC will absolutely hit $100 a share this year based on pure speculation. There are so many dumb fucks who buy memes it is unreal.
lel
yeah especially with dudeweedlmao memes
im definitely expecting a fuckhuge pullback on news of legislation (regardless of which way it goes)

>>9753110
wait till you see this

>>9753065
Think about it: in your scenario, Texas faces a shortage due to sanctions and Europe faces a glut due to desperate and broke ME countries. However all of them face rumors of an impending OPEC glut, that seems to be the news that drove WTI down.

>>9753151
>in your scenario, Texas faces a shortage due to sanctions and Europe faces a glut due to desperate and broke ME countries
good point. im trying to think too hard about it and thinking all stupid-like.

so i think youre right that the OPEC FUD was the primary force on that first leg down (right after the ATH). but it looks like its headed straight for 60. and i know they dont want that at all as they need the dosh. there must be something else at play here that im missing.

>>9748347
Man, who the hell is selling AMD puts right now? 44% movement up in the past couple months and you get maybe 7-8% premium right now at strike 45 days out.

>>9753113
>im definitely expecting a fuckhuge pullback on news of legislation (regardless of which way it goes)

That will depend on how hard the pump is this week. We're not in mania territory yet. For the spring run, the only ticker showing real bullish strength is WEED/CGC. TGOD started pumping for no reason last week and continued today, which indicates to me the bulls are certainly coming back for the whole sector in coming weeks. The big drop will come when every shit penny stock in the sector starts to 2x+ over a couple days. Last December I hit a 4x on FFT of all things. Which isn't to say FFT is a bad company, it isn't, but it's a startup with limited revenue and a lot of uncertainty with the US market.

Anyway. I'm not playing the big LPs like Canopy/Aurora/Aphria/Cron this time. All of my holdings revolve around industrial hemp, oil extraction, and cannabis-centric biopharma. And FFT again too because I like them.

>>9753602
Any other red flags to look at for an exit ?

>>9753602

1755 shares of ACBFF, 500 shares of CGC and 500 shares of CRON

Let this meme market take us to the moon. Praise Kek for his blessing.

>>9753110
>>9753128
KSA
PAK
UAE
GULF
KSA
There you go, muhammad

silver is going to go up still, right??

>>9753628
Watch out when business media starts putting out articles warning retail investors that weed may be/is a bubble. There were lots of those in early January this year.

Basic TA will do you fine though. Overbought RSI, double/triple tops, bearish MACD cross on daily or weekly time frame. Trust those and you should be able to get out with lots of profit well intact.

>>9752249

It was $8/share when he first shilled it.

He did not say to buy it at $5.5 you dumb fuck

>>9749958
>tfw european
>tfw 1% interest fixed rate loan

>>9753925
You must be new

>>9754012

No, that would be you.

All of idiot tripfags need to pull a Jonestown.

>>9754067
its not done.. theres still 48% short interest and they are still buying back shares......

What to short I'm very long.
Like 80% long
Current long term shorts are:
IBM
OLED
DKS
VMW
BAC
MA

I don't know how greedy should I be on Soitec. Should I aim for +5% in 2 weeks and then sell, or should I wait longer ?

ENCE MUFFUGIN BOOMING

>>9754485
USCR

>>9754653
>it's over +5% already
oh god yes

>>9754830
are you warren buffett

>>9754901
Want to see my corporate policy ?

>>9754067
I'm up over 9% for the week bro

>>9754485
IBM is a retarded company. Good on you.
Maybe add a dirtbag healthcare company destined to get JUSTed by AMZN like CAH or ESRX. Maybe CVS or WBA.

>>9755239
>IBM is a retarded company
Agreed

In other news, Intel delayed again on the 10nm node, probably no performance gain as well on bulk silicon.

Any thought on AVP? Short?

>>9749239
Yup, I work for Scruggs. I'll be working hard to feed you guys any insider info i come across.

>>9752851
I got out the week it crashed on tuesday, and did the old put/call combo... I was gonna call it by Wednesday but I got out o.k. that hurt watching it sink but I wasn't hit by it haha. Hopefully wti spikes to catch up with Brent but in on the sidelines till I see a direction (occasional put here and there though couldn't resist) I'm hoping what you typed below plays out, and I feel like it's a false flag what with aramco ipo coming. Feels like it was a pleb shakedown honestly haha

>>9755918
What you typed above, I mean

Is AMZN's growth sustainable? Price has just rocketed up

>>9755872
Thanks bro

I looked more thoroughly into their financial report. I think market ignores ROAD because :
- small cap
- no coverage (analyst coverage silence)
- their Q218 revenues didn't show significant growth

I feel the market cares mainly about cash money and it still don't believe in ROAD management's guidance.
The guidance looks bright and I think they can deliver.

PLAN FOR TODAY:
Keep bagholding.

Treasuries are up on the futures market.
No plans for buying or selling any shit today.
I think TLT has more room to fall.
I think the dudes at the treasury auction will agree.

Sold Soitec at +6%
Tomorrow I get earnings from Valeo and the IPO for Kalray.
Still bagholding Bouygues waiting for ISP m&a and new housing law.

Are GIS and KHC good long term HODLs?

Wondering if i am a dumbass and just go with nvda and amzn calls. If you cant beat em join them

Good morning /smg/! How was your night? Back to 40° at night, it's super refreshing. Still got GBR and NOK, watching TLT and GLD/SLV.

>>9756199
>>9756512
TLT is dipping because of expectation of a more hawkish FED stance (good NFP data and higher inflation)
But on the other hand, there are many issues still ongoing : trade wars, the EU clusterfuck, EM dollar issue
Plus, shorting treasuries is a crowded trade
I am willing to bet on a TLT pump

Who here long term growth? Currently holding:

AMD
NVDA
AMAT
MU
CSCO
NATI
VMW
WMT
EMR
MMM
JCI

Only up 20% YOY, but considering I don't really manage my portfolio that much I'm pretty happy. Only thing I'm unsure of right now is JCI. Might drop them and buy more EMR instead.

>>9756557
Yes opening a short now is a fucking trap

Morning all

>>9756822
Morning

I was averaging a hundred dollars a week in gains on a 2500 portfolio by applying some simple rules and sticking to them on volatile stocks. As soon as I got lazy and started going long on blue chip my gains stalled, but are slow and steady. Was I getting lucky or what, complete noob here

>>9756685

>long term growth
>no ark

This is why you will not make it. You can look back in a few years and realize this was the exact point of failure that lead your life to sucking homeless' cock for a dab of heroin.

Don't forget it's Killdozer day today, buy stocks involving dozers like CAT

>>9757079
(Actually yesterday but I was busy)

Oils getting murdered.

>>9757044
No I think you hit the nail on the head. You are now smarter than the average financial advisor.

I sense a green day

Buy VIX

>>9757291
We are at a 12 VIX. It's going to pop.

>>9757306
Nope, its going back to 9

>>9757044
I took $45 and turned it into $170 range trading and sticking to a strict plan. Quickly lost 30% chasing memes. Discipline is the key I think. Gonna go back to what I was doing.

Im prob buy SBUX today
CEO is fucking GONE

>>9757270
Is he comparing translations?

Morning Bros. Hope you all do well with your investments

>>9757431
Time to smash some profit out of the market

Pre-hours are quiet on my portfolio.
Very very odd to see no fluxuation, earnings season over I suppose. Knew easy money was over, but the quiet is unnerving me.

>>9757338
Range trading is exactly what I was doing without even being fully cognizant of it as a strategy people actually use.

Got Robinhood, I’m planning on buying one share each of SPY, QQQ, and DIA. Should I wait until the 13th for a dip, or should I just buy now since these will be long term holds

Plan for today ;_;

man, poor scoops
i think we might be fugged
im holding TLT puts, but im not expecting anything spectacular. dunno what the squeeze happened for

>>9757457
I dunno. I earned 2K with SES last week. It went from 13.70 to 15.70

https://www.tradingview.com/symbols/EURONEXT-SESG/

People who bought Nokia (NOK) on or before 05/31, has your dividend appeared in the history tab?

>>9757463
Im surprised at how well you can do. I think I was averaging 20% a month, but that was with the occasional moon mission. I’m trying out the Schotastic indicator now. Think it’ll really help.

Not sure if I want to take the $300 loss on my crypto just so I can funnel my 4k into normal stocks, especially since there's a chance of breaking even in a month or two.

Thoughts?

>>9757464
buy VIX now sell VIX on the 12th and get 3 shares of each on the 13th.

>>9757469
rekt

Nintendo's still dropping, I'll probably double down if it hits $45.

*catches the Starbucks falling knife*

Well Anon and other tripfags, today I pull out of the market for the next 2 months while I go vacation in Korea to see my girlfriend. See you fags in August. Make gains while I'm gone.

>>9757615
weebs always lose in the end

>>9757557
Mine hasn't and I'm pissed

>>9757615
How are you buying nindendo? I can seem to find it on robinhood

General Mills nooooooooooo
Back to stage 1

>>9757647
OTC

>>9757631
Idk with the new pokemon games around the corner appealing to the GO market it may actually help nintendo jump. While they wont attract all the go players they will attract: nostalgia fags, casuals, some hard core fans and children

>>9757631
I miss the good old days where MU was my guaranteed money maker. Now it's scary and I gotta learn shit about companies. Ah well, easy ain't easy forever.
Current MarketMood™ :: https://www.youtube.com/watch?v=gre-o_tsumk

>>9757661
>OTC
Do you know how to do OTC on robinhood, sorry I'm really new to this

>>9757631
It's a great range/swing trading stock. Buy near $45, hold for a week or two, sell above $50.

>>9757647
I don't use robinhood. Nintendo, like a lot of foreign companies stocks, isn't listed on an American stock exchange but it has a reciprocal ticker (NTDOY) on the OTC markets.

>>9757639
https://www.google.com/amp/s/ledgergazette.com/2018/06/02/nokia-nok-to-go-ex-dividend-on-may-31st.html/amp
It's coming on the 18th. I guess we can sell and still collect dosh?

>>9757673
RH doesn't support OTC srocks

>>9757673
>>9757687
Okay thanks guys! I'll have to us my TD account then

>>9757685
You can sell the day after the ex-dividend date and still collect the divi, so yes.

>>9757685
Sick, yea. We can sell now and still get the dividend.

>>9757628
He's going to give her the chili pepper.

>another day Buffet neglects to pump brkb
I mean really?

>>9757628

Safe travels fren. Have a great time and enjoy your time there!

>>9757729
>thinking Buffet gives a shit about small-spec, virgin BRK.B shareholders

>>9757602
Dump to 266 any day now

When is some money going to flow back into the consumer goods sector? I'm ready for my JNJ to start pumping back up.

>>9757762
Yesderday

>>9757778
Well yeah, yesterday was nice but it's lost traction today.

good ex divs for this month:
KMB
TRV
KO
MO
WU
Mondolez
Air products

>>9757794
its probably going to be flat for over a year
Pep and JNJ will grow but others consumers probably not for awhile

>>9757794
theyre reallly big companies. it takes a lotta money to move em

RUN just keeps going holy shit

im new here

Based SMG

>>9757818
Yeah, you're probably right, the sector has been dead for a while now, there's no reason to pull money out of tech until it sees a big drop so I bet consumers are going to stay low until the next tech correction.

>>9757822
Fair enough, I'll just have to be patient with this one.

>>9757469
Whelp that was easy day, closed longs ;_;

G-gguys.... What if mr bones wild ride never slows down again? How will i safely get off?

Based JD pumping my portfolio value up over $37k

>>9757884
the point of the consumer memes is this stability and divs imo. if youre in it for a moonshot, id just get out right now desu

whens the shitpost? next tuesday?

>SUNRUN IS IN ANOTHER MOON MISSION

>>9757927
Not looking for a moonshot but I am hoping for JNJ to get back above $140-$145 in the next 3 months or so.

>>9757907
You eventually jump off when you feel like you've locked in enough return. It's better to secure the money then to risk a massive drop

>>9757410

Probably an original text and then an interpretation / analysis. If you read Plato straight you'll only pick up 60-70% without realising stuff you missed out on. Could be reading in Latin and then comparing to an English translation for what he couldn't pick up, but that's more commonly done with Iliad / Odyssey.

>>9757970
well so far this is the first green month all year (tho were only a few days in lel).
man, whenever i look at these consumer charts, i think
"wtf happened here?"

tempted to grab some stock on a few of them. cant be too much more downside left desu. unless there is something were missing

>>9748998
>pdf bunker thread
What's this?

>>9758061
Consumers are for Iron hands only

>>9757749
Bullshit pumping. We need a 273 retest.

Anyone else buy starbucks on the dip? I have 9 shares from the employee stock program and I just bought 20 @55.70. It seems like the company is going to be bear while they do damage control for the whole Phili thing plus the chairman is stepping down, but once that retard leaves the company will be doing way better

>>9758101
that was the point. thinking of em like junk bonds. similar yields. but with no interest rate risk like bonds. and coming off the worst fucking start of a year ever.

i trust your thesis, you know, nikkei

>>9758078
i made a board where we can collect books. we were using it when the site was going down too, but havent in a while. check pic related

and if you got any cool books to share in pdf format, post em

>>9758158
Should note in no way am I trying to shill here I don't want to come off that way

>>9758158
you fucking know it
Im not missing the chance to buy FUD on a new Dividend aristocrat

>>9758158
You work for Starbucks? Are you a racist or something?

>>9758165
Junk bond competition was a large factor in the consumers dropping
Now equities are more attractive because they have growth poteial which means higher and safer yields down the line than bonds, so Buy it NYA

>>9758184
Probably I browse 4chan. But I'm just here for the college program. I can get my acounting degree for free while making $3 over minimum wage and get free stock for the next 3 years while I finish school

The DOW just keeps gets bogged every day
JUST

>>9758265
Why not buy into stuff then? And short sell when it comes back up. A lot of the companies that are dropping will with out a doubt come back

>>9758205
yea im holding some JNK and VWOB right now. prolly wait till i get ma div and exit befiore next tuesday. im looking at JNJ in particular

SBUX can suck my cock. i dont care if they triple. JNJ atleast makes good products

>>9758281
>>9758265
i think its mostly just oil dragging it down desu

Would it be better to just buy SBUX or get a leveraged to fuck call?

>>9758281
my entire portfolio is and always has been Dow stocks

>>9758304
i tried it before. pretty underwhelming. if you do it, go DEEP ITM otherwise it moves so dreadfully slow, youll never beat theta

but the point of those things IS that theyre slow moving. and you dont get the divs which is the point

>>9755239
>I'm up over 9% for the week bro

That doesn't alter history fuckstain

>>9758304
IMO buying it, despite all of its recent controversies the company is about to roll out even more summer frapps that'll bring in more business along with now they're doing a shit ton of community out reach and re-branding. So they'll go back up plus their div yield is nice

>>9758312
Same here. Once the dow started going down last Tuesday I sold everything before a lot of stuff red candled down a lot and I re-bought at lower positions and with more shares to resell once the trade war threat passes

Who's the worse tripfag? Big5Guy or nokobro?

If you don't remember nokobro, you're a newfag and need not reply.

>>9758357
Was thinking g 6/29 $51

Is there any way the fed meeting doesn't end with a dip?

>>9758411
If Powell resigns and Mommy Yellen comes back

who else /comfy gains/ here?

>>9758411
If the large spec guys actually priced in the rate hike already and we're all actually on drugs. This may be the case since it seems over 50% of the people itt are actually on drugs.

>>9758400
Spread is too big, better off buying desu

>>9758400
id stay away desu
maybe its just my broker but im seeing NO open interest or volume

look for a contract thats traded, and remember theta is pretty negligable on deep ITM ones. look for one with a delta between 70-80

>>9758429
!!
comfy SHOP

>>9758446
id wager that a lot of the big guys are on drugs too. in fact it seems a great deal of the world is on drugs. perhaps THIS is the problem

>>9758450
I'm looking at the spreads and I'd probably be fucked on slippage so fuck it, I don't drink coffee anyway

>>9758482
Well if we're all on drugs, all it takes is for one guy to forget we already priced in the rate hike for another few months of fucking sideways bag trading.

>>9758446
can confirm, am on drugs rn

Also while I'm sitting here waiting for returns whats some companies I should add to my watch list. My trading strategy is to buy on bear and sell when profits reach 5-10% only holding 1/4 of my good div yield stocks

What's happening?!

>>9758543
Retest. Had to go to 273-273.5 for sure.

>>9758482
Also, nice to see you here again Profit, you add good content to the thread

Let the lunchtime buttfucking commence!

>>9758543
275's a bit too spicy right now

>>9758575
<3
yea i was out of town for a week playing gigs. looks like imma have a busy summer. got a whole weekend of gigs in NYC (5 in 3 days with 2 different bands, can you say $$$$?) coming up next month. and some weird degenerate redneck sk8r festival up in northern maine. then im heading south towards the end of the summer and were hopefully gonna loop around through texas, up through socal and go play a bunch of shows up in the mountains above sacramento during the dudeweed harvest (though this is still being planned).

im gonna have to come up with a nice set it and forget it type portfolio before i take off. no way im gonna be able to trade while im in a fucking van/sleeping on floors

>BrkB is now mooning
WHAT

First day of investing, tell me how retarded I am (going for long term growth with dividends, not day trading)

>>9758637
you're missing KO

Somebody is going to make a shit ton of money on this WTI Brent arbitrage play.

>>9758650
Just going with ETFs for now (using money from savings) but when I have a steady income I’ll put money towards individual stocks

>>9758637
enjoy the golden bull

>>9758628
Nice, Profit doing the opening song to Comfy's podcast when? Lol

>>9758637
Swap NOBL for SPHD, drop DIA for QQQ. OUSA drop that.

NEW THREAD

>>9758684
>>9758684
>>9758684
>>9758684
>>9758684

>>9758687
There’s no dividend yield or P/E listed for SPHD, guess I’ll just have to google it

>>9758632
>buffett-sama has unlocked risky options gambles
>buffett-sama casts deep OTM calls
>its super effective

>>9758637
i mean with one share its kinda silly, but youll get the feel for it, and youre not risking much (aside from total stock market collapse)

>>9758675
i might think about it. i got some old stupid jingles i was making for the fucking PBS show homework hotline (they didnt want it cuz theyre gay). ill have to see what i got laying around. my recording shit is scattered all over the state right now

>>9758637
and how much dividend (after tax) do you think that will gain you ?

DIA 8 bucks on average per year

OUSA. 0.86 per year on average.

and the rest I can't be bothered but similar. It's a nice mix of stocks, but forget about divends for the moment as we are talking about beer money.