/smg/ - Stock Market General

[Anonymous No.52211733]

Hat edition

>Brokers
https://pastebin.com/F1yujtVq
https://brokerchooser.com/

>Risk management:
https://pastebin.com/sqJUcbjp

>Live Streams:
http://www.livenewson.com/american/bloomberg-television-business.html
https://watchnewslive.tv/watch-cnbc-live-stream-free-24-7/

>Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain
https://www.thebalance.com/

>Options (do not trade these just because you read all these links)
https://www.optionsplaybook.com/options-introduction/
https://www.optionsprofitcalculator.com
https://optionstrat.com/
https://www.optionistics.com/quotes/option-prices

>Free charts:
https://www.tradingview.com
https://www.finscreener.com/
https://www.koyfin.com/
https://www.portfoliovisualizer.com/

>Screeners:
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Pre-Market Data and Live data:
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/

>Bio-pharma Catalyst Calendar:
https://biopharmcatalyst.com

>Boomer Investing 101:
https://www.bogleheads.org/wiki/Getting_started

>Dividend Reinvestment (DRIP) calculator:
https://www.dividendchannel.com/drip-returns-calculator/

>Calendars
https://www.earningswhispers.com/calendar
https://www.federalreserve.gov/newsevents/calendar.htm
https://www.investing.com/dividends-calendar/
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

>Misc:
https://squeezemetrics.com/monitor
https://market24hclock.com/
https://tradingeconomics.com

Previous:

>>52209986

[Anonymous No.52211753]

2 hours until the lottery

[Anonymous No.52211759]

>>52211753
bought ten tickets
if i win i will fund the /smg/ vegas meetup

[Anonymous No.52211762]

>>52211753
Yet another inflationary Biden handout...

[Anonymous No.52211778]

How long until the next fed talk? It's the only non-pozzed live event with real stakes in current year, every sport is ruined, this is all I've got to watch

[Anonymous No.52211780]

>>52211753
congratulations on wasting your money

[Anonymous No.52211789]

>>52211753
>>52211759
T&P for you brehs.

[Anonymous No.52211793]

https://youtu.be/zsplm4pTYIE
Since i got the new job running radiology i havnt been able to say it much but LOVE THY CHAD! GOD IS GOOD BABY!

[Anonymous No.52211806]

>>52211778
If the next cpi and pce come in hot, then maybe like 30 days.

[Anonymous No.52211808]

>>52211778
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

The CME really deserves prop for this site imo.

[Anonymous No.52211813]

my voice sounds like Jerome Powell

[Anonymous No.52211829]

>>52211793
You're a radiologist, Brainardcoomer?

>>52211813
Vocaroo something, nigga.

[Anonymous No.52211838]

>>52211813
delusions of grandeur

[Anonymous No.52211844]

It's literally over tomorrow isn't it bros
https://www.youtube.com/watch?v=2VgdtTRZhag

[Anonymous No.52211845]

>>52211829
Clinical Engineeringfag

[Anonymous No.52211854]

>>52211753
megagorillian gang gang

[Anonymous No.52211862]

Once a stock gets in an bearish algo channel, its fucken over.
I really think algos are going to end up being the death of the market down the line.

[Anonymous No.52211864]

futes are recovering

[Anonymous No.52211881]

>>52211862
people said that in 1987, really all algos do is create massive inefficiencies that humans can take advantage of

[Anonymous No.52211890]

>>52211864
BUDDY LOOK AT YIELDS

[Anonymous No.52211892]

>>52211808
Based CME group, focusing on what really matters.

[Anonymous No.52211906]

>>52211829
I fix what the techs fuck up. I will be scooping the Stryker dip, that and 3m and medtronic.
https://youtu.be/CmX2kyL2gks

[Anonymous No.52211931]

>>52211829
Maybe some GE as well, as long as the hospitals dont get nuked they should be good, just need to get through some lawsuits, so they are all on watch right now. MMM has a decent divi which is nice

[Anonymous No.52211929]

>>52211808
Refer to my earlier posts about violence against fed funds futures speculators

[Anonymous No.52211941]

>>52211881
They were right then, but the technology is starting to get better.

[Anonymous No.52211946]

>>52211845
>>52211906
Nice. Extremely Lynchian.

[Anonymous No.52211956]

>>52211829
Forgot my song for that post:
https://youtu.be/CmX2kyL2gks

[Anonymous No.52211966]

Why is VIX futures not skyrocketing... is this a bear trap?

[Anonymous No.52211969]

Bulls really are the coomers of the investing world. They have to coom constantly. Line MUST go up, no matter what. They don't care if we have record inflation, they NEED the up line, they need the infinite QE and 0% interest rates. They'd do anything for one more hit of green, and they'll never sell because line ALWAYS goes up.
I'm here to tell them that their cooming days are over. Its time to go cold turkey and touch some fucking grass, mumu.

[Anonymous No.52211972]

This song is guaranteed to make the market go up

https://www.youtube.com/watch?v=JnqQ8n06-0A

[Anonymous No.52211974]

buy buy buy buy

[Anonymous No.52211981]

>>52211974

[Anonymous No.52211992]

>>52211972
you stole my image and erased the pitbull cock

[Anonymous No.52211999]

>>52211992
yes

[Anonymous No.52212001]

>>52211969
Digits checked and 69 pilled

[Anonymous No.52212014]

>>52211972
good song. now bring mr. FAUX bobo to scare away the real bobo.

[Anonymous No.52212034]

>>52211906
I'm interested in Medtronic. I dont have any healthcare stocks because they just basically all seem like faggot shit

[Anonymous No.52212035]

>>52211956
I am drink, please forgive

[Anonymous No.52212044]

>futures

[Anonymous No.52212072]

>>52211946
Thank you, its time to take the investment game up a notch or two.

[Anonymous No.52212088]

>>52212072
welcome back retard, finally brave enough to show your dumb bobo face again? how much money have you lost?

[Anonymous No.52212096]

>>52211966
No, we are taking china back to 1995.
https://youtu.be/3sO-Y1Zbft4

[Anonymous No.52212101]

>>52212014

[Anonymous No.52212117]

>>52212101
has this fat bitch died yet?

[Anonymous No.52212125]

>>52211966
ask the gook poster

[Anonymous No.52212137]

>>52212088
Last real play on the market. Got a new job so i have been a little busy. With the new 401k ill be lurping all the dips and ill see how i can molax that over the next year and as per the bobo i truly i am ill hedge with massive puts when ever we get your gay ass melt ups within this bear market. Love yah though :)

[Anonymous No.52212148]

>>52212117
Still going strong

[Anonymous No.52212160]

How much would I have in a year if I get 5% a day? I have 7000 now. This is realistic right?

[Anonymous No.52212173]

>>52212160

[Anonymous No.52212180]

>>52212160
aiming kinda low. why not put in the work and get 10%/day

[Anonymous No.52212197]

>>52212160
>This is realistic right?
5% everyday? no, unless your last name is Pelosi

[Anonymous No.52212201]

futes

[Anonymous No.52212206]

>>52211753
thanks fren i went and bought some. i'm gonna get lucky i feel it


when i win, which penny stock should i become majority stakeholder in pals?

[Anonymous No.52212212]

>>52212088
For you and your wasted digits.
https://youtu.be/14ggk1p0IUE

[Anonymous No.52212216]

>>52212148
I am vomit

[Anonymous No.52212218]

>>52212197
>find some stock going in a predictable direction
>buy weekly calls
>sell immediately upon 5% gains
>repeat

???

[Anonymous No.52212219]

Low vol futures pump as is custom

[Anonymous No.52212221]

we green, you will not escape the pivot

[Anonymous No.52212222]

>>52212160
You're too retarded to compound 5 percent into an annualized rate and you really think you'll be able to do it? Just for comparison, the best investors of all time average 20%+ a YEAR

[Anonymous No.52212224]

>>52212160
Anon pls if you got 5% per day in a year you would multiply your money by 42 million excluding holidays

[Anonymous No.52212237]

>>52212218
How didn't we all think of that. You're a genius

[Anonymous No.52212240]

>>52212101
ok I like pizza but what the fuck man

[Anonymous No.52212241]

>>52212221
Go Dollar! Go! Go! Go Dollar!

[Anonymous No.52212247]

What the hell is so appealing about ROKU to Cathie "Meme" Wood? It is the 3rd top holding of ARKK
>ZM is number 1
Jesus christ

[Anonymous No.52212254]

>>52212247
She's stuck in 2020

[Anonymous No.52212255]

>>52212218
Well memed

[Anonymous No.52212256]

>>52212222
checked, but please don't stroke my ego like this

[Anonymous No.52212257]

>futures

still trying to prop the market up with a dead cat huh?

[Anonymous No.52212268]

>>52212218
nice bait 10/10

[Anonymous No.52212270]

>>52212256
Pretty good. Do you know your Sharpe ratio and information ratio by any chance?

[Anonymous No.52212272]

>>52212257
boj

[Anonymous No.52212280]

>>52212270
no, half of that was GME. I have no idea what I am actually doing

[Anonymous No.52212283]

>>52212257
Its the last resort when the jews are about to lose money. So..... yes.

[Anonymous No.52212286]

ummmm this is not looking to good bobobros.. vix futures and dxy keep going down despite the fed being so hawkish..

[Anonymous No.52212287]

>>52211753
Times are bad when /biz/ is having lotto threads. Just waiting for /ltg/ to start up with anons talking about strategies to dig through the trash or work at 7-11 and get the good tickets before customers can get them.

[Anonymous No.52212290]

>>52212280
Still good though. Try to preserve it

[Anonymous No.52212291]

I slurped Google. I slurped Facebook. Next I'll slurp Citigroup or Crox. Yup. I'm a slurper. Nope, this has not aided me financially in the last year. Nope, I will kot stop slurping.

[Anonymous No.52212296]

>>52211778
>hard times create bad entertainment
>bad entertainment creates bored men
>bored men watch educational television and read books instead
>book reading men realize who caused the hard times and remove them, creating good times
>good times creates trash media that causes the cycle to repeat

[Anonymous No.52212307]

>>52212237
>>52212222
>investors

if you can rub two braincells together while looking at a chart you are doing more due diligence than 90% of the "get paid in my sleep" crowd and you have a profitable edge and can take advantage of market moves on pretty much any timeframe. change my mind

[Anonymous No.52212323]

>>52212291
>Panties

[Anonymous No.52212324]

Futures are up. I closed my SQQQ position thinking we're going to get a recovery before an epic dump on Friday.

[Anonymous No.52212326]

>>52212307
I want to see smg's first self made billionaire bro. Please go for it.

[Anonymous No.52212329]

I did not short airbnb
or amazon

[Anonymous No.52212331]

>>52212307
You are not wrong, now say heikenashi.
https://youtu.be/aVAKT9UxJMI

[Anonymous No.52212332]

>>52211778
I feel your pain living in homo clown world bro

[Anonymous No.52212333]

Stop coping bulltards

[Anonymous No.52212342]

>>52212324
I held my puts since Jpow castrated the pivot bulls so hard, I think we'll have an opex rally on friday and tommorow will still be red.

[Anonymous No.52212343]

>>52212326
Its in the works, we will see a few.

[Anonymous No.52212375]

>>52212342

That's probably more likely. Maybe I should look to buy back in EOD Friday.

[Anonymous No.52212377]

>>52211969
Inflation is a meme. Nobody cared when the dollar lost 98% of its value the past century, why does 8% inflation mean anything after that point?

[Anonymous No.52212388]

>>52212331

[Anonymous No.52212397]

Boys...am I gonna make it?

[Anonymous No.52212405]

>>52212333
https://www.youtube.com/watch?v=8DyziWtkfBw

[Anonymous No.52212416]

>>52212397
>-3.9k
How many hours of burger flippin is that?

[Anonymous No.52212423]

>>52212397
Margin loans were a 2020 idea. You're gonna get eaten by interest trying to pull that shit today.

[Anonymous No.52212433]

Seriously, there's no way government doesn't do everything in their power to PUMP markets before election on Tuesday. After that is anyone's guess.

[Anonymous No.52212450]

>sold some calls at a loss
>dumped them into puts
>market closes
i am here
>market opens green
>market pumps past its previous close
>my puts become worth less and i have an even bigger loss on my portfolio
>sell puts at a loss and dump into calls again
>market closes
>future to be decided

[Anonymous No.52212455]

>>52212324
Payroll down and unemployment up. Expecting a pump

[Anonymous No.52212461]

>>52212397
Nice, but check out MY Halloween costume.
>>52212416
For me 3.9 is about 230.

[Anonymous No.52212466]

>>52212433
They did everything in their power to pump the markets when Biden got placed into office. Now they can't do anything, and especially so because the government doesn't have power over the Fed.

[Anonymous No.52212475]

>>52212433
>biden cares about the market
>biden is capable of caring about the market
>dems care about the market
>dems assume they have any ability to prop the market
>dems are the ones with the capital
>dems are winners
>trump pumped the market they want to prove they can too

[Anonymous No.52212485]

>>52212148
whats the appeal with this fat retard do you other lard arse anons relate?

[Anonymous No.52212492]

We might actually pump if the election results in a split Congress. The market loves when nothing gets done.

[Anonymous No.52212496]

>>52212450
>bought a call this morning
>up 120%
>go to make lunch
>come back
>Powell speaking
>calls are almost in the negative
>SELL
>buy puts
>both puts underlying stocks are down over a percent from where I bought them
>sitting slightly negative on them at close
Im pissed

[Anonymous No.52212498]

>>52212283
why are nordic countries trying to speedrun social degradation?

[Anonymous No.52212505]

>>52212485
Have you seen his butthole? Pretty funny stuff

[Anonymous No.52212521]

>>52212475
>dems start occupy v. 2.0

[Anonymous No.52212523]

>>52212291
crox
>>52212291
leisure chic is out anon and everyone has at least 5 pairs of crox already they are pretty washable and sturdy

[Anonymous No.52212527]

>>52212160
>how to lose 7k the post

[Anonymous No.52212528]

>>52212498
>estonia
>nordic

[Anonymous No.52212536]

>>52212466
>and especially so because the government doesn't have power over the Fed.
This is what they want say in theory, but clearly it's not true. (just look at Fed interest rates under Clinton, Bush, Obama, Trump, and Biden).

Obama got literally two straight terms of 0% interst money creation cocaine to pump up the economy. Fed has certainly not been easy on Biden which does break the mold so maybe it's true again, or maybe just the situation is so damn fucked that they had to do it anyway to prevent total and complete hyperinflation of US dollar.

[Anonymous No.52212542]

>>52212498
They swallowed the full jew sadly

[Anonymous No.52212544]

>>52212423
>paying interest
Just defer it on your taxes.

[Anonymous No.52212545]

>>52212433
The backbone of the Democrat Party is welfare recipients. They don’t invest in the market nor work in meaningful jobs that are likely struggling to get people to work there anyways. They don’t give a fuck about the stock market

[Anonymous No.52212546]

>Futures

[Anonymous No.52212547]

>>52212528
ever looked at a map before?

[Anonymous No.52212557]

>>52212521
"occupy" was a tiktok bit compared to what they'll attempt next, emphasis on attempt

[Anonymous No.52212575]

>>52212557
Nothing can beat occupy v.1.0. No amount of tranny idpol nonsense the left swims in will ever be taken as serious as the first one.

[Anonymous No.52212583]

>>52211733
futes

[Anonymous No.52212588]

>>52212575
i totally disagree but we may not see anything like it for a while and maybe not in the usa maybe uk

[Anonymous No.52212589]

>>52212547
That's Russian clay

[Anonymous No.52212602]

>>52212544
You'd have to pay 13k in interest too itemize that shit. I'm close to that level after rolling it over for several years, but even then it's only the additional interest beyond the standard deduction limit that really adds anything, so I'd want like 20k+ for it to be worth declaring.

[Anonymous No.52212607]

>>52212547

[Anonymous No.52212609]

God I can't wait to pickup some cheap LRCX. If you want semi exposure it's so much better than SOXL. The company just shits out money, has a decent divvy, and is growing just as fast while crashing less than the others in the industry.

[Anonymous No.52212616]

>>52212547
Have you?

[Anonymous No.52212618]

>>52212583
>a small pump led by the Nasdaq

Gee, I wonder how this will end….

[Anonymous No.52212624]

>>52212618
+2% at open tomorrow

[Anonymous No.52212634]

>>52212589
In your dreams maybe. Estonians are more finnish than russian

[Anonymous No.52212641]

>>52212588
The uk may have something colse to occupy v.1, i can agree to that. The left in the us has shown themselves as the boot licking big corpa faggots they always have been. Obama was always the mkddle man between the votes and wallstreet getting their cut.

[Anonymous No.52212663]

>>52212496
it just keeps happening, yet i never learn. today could possibly be the only red day until midterms are over. or who knows, maybe it was the right move. time will tell

[Anonymous No.52212668]

>>52212547
Man I was looking at a map the other day and I remembered Indiana has ocean access. That's fucked up.

[Anonymous No.52212676]

>>52212641
all the old dems are entrenched and won't entertain that stuff. obama is one of them. if he could run again they'd keep him there. but if they are gonna lose the next few cycles a lot of the new members are simply just going to be concerned for their seats and they are going to appease the nonsense the left swims in

[Anonymous No.52212680]

>>52212634
Finns and slavs are Mongol rape babies. They're not different just because you say so.

[Anonymous No.52212688]

>>52212616
That's scandinavia

[Anonymous No.52212696]

>>52212505
fatass man asshole isnt really my thing but i can see how some anons would be well into it

[Anonymous No.52212697]

>>52212676
And the left will become a dead party on the national stage, which is a good thing.

[Anonymous No.52212706]

>>52212663
Dude for your own sake just buy JEPI or VTI and never touch the account. For fun you can paper trade your crazy option strategies as a game and keep browisng /biz/ for fun and laugh at how much money you would have kept losing if you kept playing with real money

[Anonymous No.52212708]

>>52212688
Yes anon good job.

[Anonymous No.52212721]

>>52212697
is this country prepared for the two party system to disintegrate? maybe it will happen but the bifurcation and lack of alternatives leaves you asking what is going to fill a vacuum if not chaos

[Anonymous No.52212723]

>>52212602
Never paid that much myself, I just hold onto most of my stocks indefinitely and count the money I make in annual dividend income towards the interest, free money essentially even if most of them are down this year.

[Anonymous No.52212727]

>>52212697
dont' get cocky. you will be like a cocky bobo who gets heemed by a rally

[Anonymous No.52212742]

>>52212680
So russia is rightful mongolian clay then?

[Anonymous No.52212758]

>>52212742
Technically yes.

[Anonymous No.52212763]

>>52212721
After Biden we will get another Trump for 4 and then hopefully, please God, a legit 3rd party revival if the neocons still survive after the second Trump term. Is the country ready for it, no not really. Will they cope and bend, good chance. If they dont, then we will see how high we can stack bodies.

[Anonymous No.52212774]

>>52212727
I do expect a christmas exit rally, the market cant break my ankles bro.

[Anonymous No.52212794]

>>52212742
600 years ago it was before they got beaten back.

[Anonymous No.52212803]

>>52212706
i bought JEPI shares long before anyone talked about it here, not that it means anything, and now that i'm employed again i'm going to start throwing some cash at it monthly until it pays me a dividend that gives me a bigger cushion when unemployed again. i haven't done any crazy strategies other than straddles. i've been lucky with some trades and unlucky in others, moreover i don't go all in with every trade, thats just retarded.

[Anonymous No.52212807]

>>52212492
Even a red senate doesn't remove gridlock. Since McConnell won't have 60 seats, he'll just have his dick in his hand for the next 2 years.

[Anonymous No.52212813]

it's gonna keep going down right?

[Anonymous No.52212814]

>>52212807
That probably makes McConnell happy.

[Anonymous No.52212815]

>>52212668
Not if the Mississippi drought worsens and the treacherous Quebecois cut them off. The Hoosiers are weak and soon it will be time to strike.

[Anonymous No.52212816]

>>52212807
And that is a good thing. Stagflation/fed induced recession is better than a depression and more spending.

[Anonymous No.52212828]

>>52212814
There's a reason they call him Cocaine Mitch.

[Anonymous No.52212830]

Bros...
Today was not good, in multiple ways, not all of them financially related

[Anonymous No.52212838]

>>52212830
you gotta take the good with the bad. when you win it will feel even better.
just keep going

[Anonymous No.52212868]

>>52212815
God I hate those fake french fags even more than the real French. They will need to be genocided when we annex canada.

[Anonymous No.52212870]

>>52212794
so getting pushed out of a territory means you lose right to it? Then that would mean russia has no claim to estonia.

[Anonymous No.52212872]

>>52212830
Chin up anon. We still love you. Just make tomorrow better than today.

[Anonymous No.52212882]

>>52211733
this is the most "if you know you know" pepe image in existence

[Anonymous No.52212902]

>>52212830
And find one reason to smile tomorrow.

[Anonymous No.52212908]

why am i blocked from cnbc

[Anonymous No.52212922]

>>52212908

[Anonymous No.52212929]

>>52212908
jimbo is that you? listen we'll leave your stuff in a box by the valet, also morgan brennan is going to take over your show, its going to be sponsored by LULU

[Anonymous No.52212935]

>>52212830
Did you get fucked up by JPow crashing the market?

[Anonymous No.52212944]

>>52212908
The MarketWatch intern found a new job.

[Anonymous No.52212946]

>>52212838
>>52212872
I'm just disappointed in myself, I cannot stop failing at life
>>52212902
Well I guess I can look forward to shitposting on /sp/ while watching my Eagles destroy the Texans
>>52212935
Yes, among other things that went wrong today

[Anonymous No.52212947]

So when will Evergrande officially announce their bankruptcy?

https://twitter.com/zerohedge/status/1587992238004621313

[Anonymous No.52212951]

>>52212947
blessed image

[Anonymous No.52212959]

The funniest thing about today's presser is Jerome wouldn't even have had occasion to spout giga hawkish rhetoric except that every fucking boomer in the room kept asking him leading questions trying to goose him into saying something dovish to pump the markets for midterms / save their 401ks. He had to breathe fire on those cunts to put them in their place. If they'd just asked him softball questions/talked shop with him he would have just gone over the numbers, said nothing scary and then markets would have taken the dovish press release as gospel and pumped hard. Fucking hilarious watching these dem reporters dig their own grave with their trick questions. And that faggot who lied about the market reaction to powell's comments gets dunce of the year, yeah, tell daddy MID CONFERENCE that the stock market is retard pumping off his remarks, that definitely won't elicit any hawkish rhetoric or anything.

[Anonymous No.52212981]

>>52212959
>every fucking boomer in the room kept asking him leading questions trying to goose him into saying something dovish to pump the markets for midterms

is this surprising even in the slightest anon? why do you think their handlers own these papers if not to get front seat access to the pivot meme

[Anonymous No.52212994]

I have some incredibly basic questions about futures, the answers to which are bafflingly nonexistent anywhere on the fucking internet. Can someone help me?

My questions are specifically about stock index futures. Let's just say /ES. So I understand a futures contract is an agreement to buy an asset at a specific price on a specific date. So if you enter into a corn futures contract, you are agreeing to buy corn at X price in the future. My question is, for a /ES contract, WHAT FUCKING PRICE ARE YOU AGREEING TO BUY AT. I understand the notional value of the contract, which is the contract size times the CURRENT MARKET VALUE, but disregarding the notional value of the contract, what price is specified in the contract itself?

And my other question is, when you open up your brokerage and you go to /ES and you click "Buy," is it creating a brand new contract from scratch? Or are you buying an existing contract? Or what? And either way, what is the price specified in the contract? When I buy, am I just agreeing to buy 50 shares of the S&P 500 at the end of the quarter at whatever the price is at that instant?

Humans are so fucking horrible at explaining things. I swear to christ, once a person learns something, they become incapable of passing the knowledge on. I am losing my mind trying to find answers to these incredibly basic fucking questions.

[Anonymous No.52212998]

>>52212959
As i recall it had already barted by the time that guy asked the question, so i was confused.. was he just behind and didnt know or was i mistaken

[Anonymous No.52213009]

>DXY

[Anonymous No.52213012]

>>52212998
Yeah, SPY was well into the red when the question was asked.

[Anonymous No.52213017]

>>52213009
>maybe i should become a namefag

[Anonymous No.52213019]

>>52212998
Are you allowed to stare at your phone in a press conference with the Chairman of the Federal Reserve? Or does someone have to run over and tell them the market is rallying?

[Anonymous No.52213029]

>>52213019
delete this

>Verification not required.

[Anonymous No.52213036]

>>52212870
No it's only a part of it.

[Anonymous No.52213037]

>>52211733
lmao /smg/ unknowingly use LINK memes kek

[Anonymous No.52213042]

>>52211753
the last mega millions ticket was sold in my town 5 miles away from me after I bought 5 tickets.
I think thats as lucky as I get when it comes to the lottery

[Anonymous No.52213045]

>>52212946
Anon, i have been there. I was almost homeless, and a drunk at one point in my life. I cant say how you will pull yourself out of the funk, hopefully its before you spend a few nights in jail though but all i can say is, being tossed around by the market may not be the best for you right now. What ever plays you had that got fucked by powpow were fucked once you made them. You were llayed by the market makers, the hedge funds and the greddy faggots that dont mind seeing you fail. Step away from the market and work on yourself, the market and the greed will always be there for when you have some money to really just throw away. Anon, life isnt about the money, life is anout not getting to the point where you feel right about now. Im not sure what the issues are that you are having but go focus on them and fix them before fucking with the market again. After i got the dui and hit rick bottom i knew i needed to make a chanhe so i gave up the herb and drinking. Went back to school and got a house and a new job just last month. If its as bad as you say it is, you will make a change for the better, if not, then well, we will be here when you hit your bottom. Good luck fren.

[Anonymous No.52213050]

>unknowingly
shut up stinky

[Anonymous No.52213052]

Anyone else still DCAing through all this bullshit?

[Anonymous No.52213055]

>>52213037
>unknowingly

[Anonymous No.52213057]

>>52212994
I think you can find out what you're asking on the /ES contract's specs page under Settlement Procedures: https://www.cmegroup.com/markets/equities/sp/e-mini-sandp500.contractSpecs.html

They calculate what the S&P 500 is on/at the end of the contract's expiration date. That index is calculated Wikipedia's explanation for how that's calculated is decent: https://en.wikipedia.org/wiki/S%26P_500#Index_value_calculation

[Anonymous No.52213062]

You will not find a more poorly timed trade in this general.

I am also still bagholding the ibuy

[Anonymous No.52213066]

>>52213052
martingaling

[Anonymous No.52213079]

>>52212815
you don't need to cross into the st lawrence in canada to reach the atlantic.

[Anonymous No.52213087]

>>52212280
lol, bless your honesty

[Quasar !!7McZD6mb6Mp No.52213089]

>>52213050
I have no idea if this post will go through so I must be brief
Niggers and jews or even faggots are the problem. The problem is deciding where the should be going, and the answer is to actually look further into defense spending and stuff, but the government is the biggest spender in history

[Anonymous No.52213106]

>>52213057
So essentially, there is no price specified in the contract itself, but rather, it settles to whatever the market value of the S&P 500 is on the expiration date? But how does that make any sense? Why is it called a "futures contract" when you are not agreeing on a price ahead of time? LIke corn futures make intuitive sense; the two parties of the contract agree on a price ahead of time to reduce risk and uncertainty. The same evidently cannot be said of an /ES contract. An /ES contract shouldn't be called a futures contract at all, but rather, just "a commitment to place a market order on a specified date." It just doesn't make any sense to me so I feel like I must be missing something.

[Quasar !!7McZD6mb6Mp No.52213107]

>>52213079
You understand that's under a mountain range and giant fault line right?

[Anonymous No.52213111]

>>52213079
Dammit, you're right. We'll need to get the key city of Utica on our side.

[Anonymous No.52213113]

>>52213037
we're using it ironically, as a joke

[Anonymous No.52213122]

>>52212723
> I just hold onto most of my stocks indefinitely and count the money I make in annual dividend income towards the interest
I do that too, but I'm pretty sure there's a limit to offsetting dividends?
Idk. I don't actually pay that much attention. I just let turbotax handle it.

[Anonymous No.52213127]

>>52213106
It's a gambling contract, taken up with other traders in the market (or market makers). If you prefer the fancier terminology, it's "financially settled" rather than "physically settled".

Worth noting here that our beloved lean hogs futures contracts are also financially settled. You cannot actually order 40,000 pounds of bacon through the CME: https://www.cmegroup.com/markets/agriculture/livestock/lean-hogs.contractSpecs.html

[Anonymous No.52213135]

i wont $500 on the national lottery once, now i dont play anymore. thanks for the shekels

[Anonymous No.52213150]

>>52213127
>You cannot actually order 40,000 pounds of bacon through the CME
FUCK I invited a bunch of people over for a barbecue this Spring.

[Quasar !!7McZD6mb6Mp No.52213153]

>>52213122
You got Dub2s. But chasing dividend is literally only worth if you're chasing companies that grow dividend, but you see lots of companies go bankrupt that way. They liquidate and leave naf holders, buy the shit that has positive revenue, and growth in some form

[Anonymous No.52213154]

>options? that's insanely risky dude
*buys lottery tickets*
*deposits money into draftkings*

[Anonymous No.52213173]

>>52213127
Financial settlmenet is nothing fancy or unusual. The vast majority of physical commodities are financially settled by most brokerages. That doesn't change the fact that physical commodity contracts have a price specified in the contract itself, and thus, serve to mitigate risk and uncertainty. Those contracts have utility. /ES contracts have literally no discernible purpose that I can see. They don't mitigate risk or do jack shit because they settle at the market price on the date of expiration, so I just don't fucking get it. I kind of understand the utility in the sense that you can't actually buy "shares" of the S&P 500, so a /ES contract essentially serves as a proxy for "shares" of the index. But I don't understand why in the fuck it's called a "futures contract." It lacks a forward price, which is one of the fundamental specifications of EVERY other futures contract.

[Anonymous No.52213174]

I CAN'T DO THIS ALL ON MY OWN
NO I KNOW

[Quasar !!7McZD6mb6Mp No.52213175]

>>52213154
I've lost over a quarter million in a single day

[Anonymous No.52213180]

>>52213174
you have capitulated into communism as many others will come 9:10 tomorrow eastern standard time

[Anonymous No.52213187]

>>52213180
I'M NO SUPERMAN

[Anonymous No.52213191]

>>52213045
Thank you. Most of my life is going fine, but every day I'm more and more sure that I'll never have another real world friend again.

[Anonymous No.52213193]

>>52213135
I thought of buying powerball tickets today. I got a couple burgers from Red Robin instead. For all I know those may have been the most expensive burgers I ever ate.

[Anonymous No.52213195]

>>52213173
Well they're traded continuously, both in the sense of being 23/5, and in the sense of trading well before the expiration dates themselves. That enables traders throughout the world to continuously weigh in on the strength or weakness of US equities. ">futures" became an /smg/ meme partly because sometimes shit happens outside of 9:30am-4pm Eastern Standard Time.

[Anonymous No.52213196]

>>52213187
no you aren't being a hero you're being eminently sensible unlike many of the buy the fucking dip shits Verification not required

[Anonymous No.52213204]

>>52213193
>red robin

[Quasar !!7McZD6mb6Mp No.52213205]

>>52213173
Foreign money gets tied to betting on it and it ties up derivatives that you don't fully understand, but the futures market is the only truth in relevance and shit

[Anonymous No.52213209]

>>52213127
I highly doubt I'm ever going to get an answer to the settlement price question unless I talk to a college professor of finance, but while I have you here, do you happen to know the answer my other question? Namely, when you click "buy" or "sell" in your brokerage when trading futures (lean hogs or /ES or anything else), are you bringing a new contract into existence, or entering into an existing one? Is there like a finite quantity of contracts created at the start of each quarter?

[Anonymous No.52213216]

Posted from other thread for you retards. Don't buy you bhenchods.

"
It was a fake pump based on retared pivot rumour. You dumbfucks there is not going to be a pivot while inflation is at 8%+. Also going from .75% increase to .5% increase is not a pivot you morons.

I have done some back of the napkin math but if you buy stocks above SPY 320 level then you are a literally throwing money away. You are better of getting investment grade bonds.
"

[Anonymous No.52213217]

>>52213204
$6.99 Tavern double with unlimited fries used to be god tier. It's like $10.99 now and not at all worth it

[Anonymous No.52213219]

henlo
why did stock markt go down 2day pls?

[Anonymous No.52213223]

>>52213173
Futures original utility is for hedging outside of RTH, much like every other futures contract, it's become its own thing but that original purpose is still served

[Anonymous No.52213225]

>>52213209
i don't know the answer but is there an angle behind your question or are you just curious about esoteric shit

[Anonymous No.52213226]

Token not needed

[Anonymous No.52213230]

>>52213204
First time i ever ate there. That campfire mayo is fucking good with the garlic fries dipped in it. Burgers were okay.

[Anonymous No.52213231]

>>52213219
bepis too high
scary birds fly

[Anonymous No.52213236]

>>52213195
Futures are not called futures just because they're traded continuously. You can trade shares of lots of shit around the clock. Futures are called futures because they are an agreement to a transaction on a future date.

[Anonymous No.52213235]

>>52213219
we forgot JPow existed and was committed to fighting inflation until he was trudged out and forced to remind us all, yet again

[Quasar !!7McZD6mb6Mp No.52213249]

>>52213219
We told you before lucky star went offline, the printing of money out of thin air is the worst thing to happen, why is Rand Paul's father the face of what we were warned about?

[Anonymous No.52213251]

>>52213209
>the settlement price question
Uh, I think I answered that one. Read the Settlement Procedures section of the Contract Spec I linked: https://www.cmegroup.com/confluence/display/EPICSANDBOX/E-Mini+Standard+and+Poors+500+Futures

And no, the number of contracts isn't finite. Just like when you trade options on a stock, there may be a trader or market maker on the other side of the trade who may or may not already have the contract in question. They'll just have orders sitting open at either a bid price or an ask price then, once you hit that price, the CBOE/CME/whatever other exchange does it shit. This and settlement time are also when clearinghouses do their shit. And because I know you're going to start asking about that, I'll just refer you to Investopedia for everything else: https://www.investopedia.com/terms/c/clearinghouse.asp

[Anonymous No.52213255]

how could people put jpow at the center of the money printer go brr meme and then not expect him to take some exception to this when it just so happens he still has a job all this time later?

[Anonymous No.52213256]

>>52213225
I guess I'm just curious. I mean I've traded SPY before and I understand that futures are functionally identical from a trading perspective, other than having more leverage. But I like to understand the instrument I'm dicking around in. But I have literally spent 3 hours looking for these answers and cannot fucking find it anywhere, so I'm guessing I'm gonna have to just be an ignorant degenerate and trade without knowing these things.

[Anonymous No.52213259]

>>52213209
The answer is both. Market makers know how many actual people hold contracts and contracts are created and destroyed in real time based on traders opening and closing positions. That's what open interest is. Contracts are just positions, they're entirely virtual and not at all like stock which has a specific supply and has to be issued.

[Anonymous No.52213265]

>>52213256
my approach is to gamble on it and ask questions when it starts losing me money

[Anonymous No.52213268]

https://twitter.com/andycwest/status/1587912245656551425 (embed)

>powell becomes visibly angry when told people think him trying to crash the market is bullish and are pumping it

Powell is in this thread right now calling bulls fucking retards. I know it. He is sick of your shit. Sell.

[Quasar !!7McZD6mb6Mp No.52213276]

>>52213265
Yo you can't won you only lose. You wanna win with great shit, and you just have a terrible strategy

[Anonymous No.52213279]

>>52213236
Yes, and in this case it's a financial transaction. That contract/transaction is, like, "I will give you $1234 now and you will give me the dollar value of 1 share of the S&P 1234 as of the end of November". If you hold that contract and the S&P 1234 drops to $1000, you paid $1234 for something that gets you $1000 a month later.

[Anonymous No.52213281]

>>52213193
lottery is kinda like Schrodinger's cat. if you dont play you dont win but also if you play you likely wont win as well

[Anonymous No.52213284]

>>52213251
Yeah you answered the settlement question sort of, but not the "why" -- I want to know why index futures only have their settlement price determined when the contract expires, whereas commodity futures have their settlement price determined at inception of the contract (which makes a lot more fucking sense because then the contract actually serves a purpose, namely, mitigating risk and uncertainty).

[Anonymous No.52213285]

>>52213268
never selling

[Anonymous No.52213289]

>>52213231
>>52213235
But evn eye new that jerome chan was goign 2 do more bepis and eyem dumb lole
did the markte relly was surprise by this?

eye thoutgh there waz some sekrit reesin i missed that maed thign go down

[Quasar !!7McZD6mb6Mp No.52213292]

>>52213281
I already won it and I gotta buy another ticket

[Anonymous No.52213300]

>>52213276
i learned it from george soros tripshitter

[Anonymous No.52213305]

>>52213216
beartard

[Anonymous No.52213308]

aren't the retarded pumps kind of a money sink though? shouldn't that help?

[Anonymous No.52213309]

>>52213289
Yes.

[Anonymous No.52213315]

>>52213289
It was probably when he brought up that the terminal rate is going to be higher than he previously expected

[Anonymous No.52213317]

>>52213268
fuck you jpow

[Anonymous No.52213322]

>>52213284
Buddy, you'd love to learn about bond pricing. Just be a pig in slop.

The short answer is that they're completely interchangeable, whether the deal is "X pounds of orange juice at this date" or "X pounds of orange juice at this date for Y dollars". The market dynamics and benefits of futures are exactly the same.

[Anonymous No.52213323]

>>52213309
wowe
mabye eyem actually smart!!!

[Anonymous No.52213325]

jpow pwned us

[Anonymous No.52213329]

>>52213325
https://www.youtube.com/watch?v=8js3H3zhhdc

[Anonymous No.52213331]

>>52213315
LOLE
what a idiot
i dab on the fed

[Anonymous No.52213332]

>>52213325
The look on his face when that reporter asked him about stocks

[Anonymous No.52213333]

hello jerome powell here; i am very disappointed in all of you frogs for starting this pivot rumor. i will not be backing down i have told you several times already. inflation is too high and employment too tight. i want to see the capitulations start rolling in or ill just keep hiking. ok buddy?

[Anonymous No.52213336]

https://youtu.be/mGToOeOjL3E

I"M GONNA COOOOOOOOOOLLLAAAPPSSEE

[Anonymous No.52213337]

So what's the news today? Are we still heading for a recession/depression?

My short positions need everyone to suffer so I'm still hoping for it.

[Scoopsicus, The Black !!DU22SQMj6dQ No.52213340]

Today I will remind them:
no niggers allowed on /smg/

>buy soxl

[Anonymous No.52213341]

>>52213333
Impressive,mr J pow

[Anonymous No.52213344]

>>52213333
i'm pretty sure these quads means he's about to pivot

[Anonymous No.52213348]

What happens if Employment doesn't go down and everyone keeps there job?
Will the Fed just keep hiking?

Oh yeah, great economic system. Print money for two years then try to fix it by throwing people on the street.
Lol. Lmao, even.

[Anonymous No.52213350]

>>52213333
Good. Hikes are important and an excellent way to stay fit as a senior your age.

[Anonymous No.52213355]

>>52213333
checked
>>52213333
bullfucks? kill yourselves

[Anonymous No.52213356]

>>52213153
If you hold a dividend stock for 60 days before/after, you get a qualified dividend. There are a few exceptions, but that's the general rule.
Harvesting divvies can be a decent a way to reduce your taxable income to that sweet 15% rate instead of the 24/32% rate you'd likely otherwise be hitting.

Buy stocks with high yield on margin, then sell covered calls like 10% OTM. Then after the ex-div date, the stock will drop by that dividend amount and you can sell it for a short term loss. This will offset other short term gains and leaves you with just a qualified dividend.
If the call gets exercised early you might miss the dividend payment, but in the rare case that happens it's a quick 10% profit anyway.

It's probably not worth the effort, but I made some money doing this on margin last year when margin rates were 1.5% in interactive brokers.

[Anonymous No.52213359]

>>52213340
shouldn't you wait to shill SOXL for when the fed stops hiking rates?

[Anonymous No.52213360]

>>52212998
It barted 5 seconds after Powell said "we would rather overtighten than risk doing too little".

I smashed the sell button and two seconds later everything crashed hard

[Anonymous No.52213365]

>>52213333
Impressive

[Anonymous No.52213368]

>>52212333
Checked & based

[Anonymous No.52213369]

>>52213235
Maybe we should go five weeks between FOMC meetings

[Anonymous No.52213372]

>>52213348
Employment is going down .1. payroll too. Rally eow

[Anonymous No.52213373]

>>52213348
Alternatively if the proletariat gets off their ass and starts working for once in their life, job openings will plummet, higher productivity will dampen goods and services inflation, and nobody needs to get fired from anywhere.

That would legitimately solve this as well.

[Scoopsicus, The Black !!DU22SQMj6dQ No.52213379]

>>52213359
I only type that so that I can’t be banned for “off-topic” bullshit.

>buy soxl
brought to you by Carl’s Jr

[Anonymous No.52213386]

>>52213337
already in a recession. Depression could very well happen in 2023 if they keep fucking it all up.

[Anonymous No.52213388]

>>52213373
>the proletariat
what jobs are there for them? mcdicks or amazon warehouse? fuck that, i'd rather be homeless if i were in that position

[Anonymous No.52213387]

>>52213359
]David Soxl has killed himself by rope during jerk off session. Soxl will never recover.

[Anonymous No.52213391]

>>52213373
>if the proletariat gets off their ass and starts working for once

[Anonymous No.52213395]

>>52213386
>already in a recession.
Recession ended. 3rd quarter was positive GDP

[Anonymous No.52213397]

>>52213259
>>52213279
I think I might finally fucking get it... I think the problem is not that I was misunderstanding index futures, but that I was misunderstanding commodity futures. So I'm guessing even commodity futures actually don't have a settlement price specified at inception of the contract, but rather, you buy the contract now for a price based on the current market price, and comoddity futures, too, are held until expiration if you're hedging. So you don't hedge by picking the settlement price; you hedge by picking the notional price you pay for the contract itself, by jumping in whenever you think the market price is fitting for your purposes. I had it backwards, I thought the settlement price was fixed and the notional price is what you're guarding against, when in reality, the notional price (that you paid) is fixed and the settlement price is what you're guarding against.

Ok thanks bros, sorry I came in so hot into this thread

[Anonymous No.52213398]

>>52213391

[Anonymous No.52213404]

>>52213387
still waiting on the inevitable reverse split

[Quasar !!7McZD6mb6Mp No.52213411]

>>52213356
Look I should be in jail and unable to attain great things, but you'd never know because I'm the worst person you've ever had to interact with me.

[Anonymous No.52213413]

how do i into treasuries
i’ve got like 600k coming in a lump sum at some point next year
i want to dump it all into treasuries, then take out a loan for 80% and buy up some real estate when the prices crash and become a do-nothing-whatsoever landlord

[Anonymous No.52213415]

>>52213373
>Employment is too high according to the Fed
>enter boomer
>comes into conversation
>ignores all the facts
>"not enough workers are working, lazy young kids, lazy workers, get back to work"
>leaves

There is something wrong with Boomers, has there ever been a generation that has been so determined to leave things so shitty for their offspring?

[Anonymous No.52213417]

>>52213388
Well then I guess you'll just have to be buck broken.

[Anonymous No.52213420]

Fed mandate #1: Don't fight the fed
Fed mandate #2: Every recession has been caused by rate hikes
Fed shadow mandate: Fed funds rate > inflation rate

[Anonymous No.52213425]

[Anonymous No.52213434]

>>52213411
That's ok. I interact with terrible people on a daily basis.
One last thing I feel I should note - when selling covered calls they must by OTM. If you sell an ITM covered call, it's considered hedging and changes tax treatment.

[Anonymous No.52213435]

>>52213395
>Look guys, one quarter was good!

>W-w-w-wait a minute, why are we getting 3 more bad ones noooo not like this

peak clown world economy.

[Anonymous No.52213436]

>>52213397
>Verification not required.

[Anonymous No.52213444]

>>52213420
Volcker did what was necessary
i dont know why normies hate him

[Anonymous No.52213445]

just did the math on the raise i got a few weeks ago. basically a 6% raise or $245 more on the paycheck.

[Anonymous No.52213447]

>>52213404
For real tho, the semi-conductor industry will ofcourse thrive in long term but if shit gets volatile, ETFs like SOXL could get liquidated or stop trading.

[Anonymous No.52213448]

>>52213397
Like I said, very similar to bonds. Coupons and fixed repayments are traded continuously. Then they get chopped up into swaps, bundled into ETFs, all kinds of fun, complicated, and ultimately helpful shit.

[Anonymous No.52213451]

>>52213355
noted and observed. i'll be retiring from this thread now with my quads

[Quasar !!7McZD6mb6Mp No.52213452]

>>52213413
So you need a broker, for this cargo lock up I don't have proprietary or priority but you set date to time frame and lock interest we want best Interest MD it's us t bills

[Anonymous No.52213454]

>>52213445
now adjust for inflation

[Anonymous No.52213458]

>>52213425
Anyone that pays for a blue checkmark is going to be relentlessly bullied and It's really amusing seeing Elon be so out of touch.

[Anonymous No.52213459]

>>52213445
Sounds like you just got a 2% paycut lol

[Anonymous No.52213460]

>>52213454
it ain't shit nigga

[Anonymous No.52213465]

>>52213458
8bux the new 10bux

[Anonymous No.52213472]

New

>>52213466
>>52213466

[Anonymous No.52213474]

>>52213472
EARLY

[Anonymous No.52213475]

>>52213415
If you read their statements and transcripts, the problem isn't that employment is too high per se. It's the inflation, which they can only fight using the FFR to kill employment to kill wages to kill inflation.

But if you waved a wand and everyone was suddenly 10% more productive or took up some extra shifts on the weekend, you'd see inflation plummet due to increased supply of goods and services. More homes built, more haircuts done, more goods chasing the same number of dollars.

[Anonymous No.52213478]

>>52213474
That's what she said

[Anonymous No.52213479]

>>52213425
Do Starbucks drinks really cost 8 dollars in the US? They sell them for 3 dollars in my shithole

[Anonymous No.52213486]

>>52213413
I buy my treasuries in TD ameritrade. Just browse the "Research and Ideas" tab for "New Issues" , then select treasuries and pick the duration you want. Do this on the day before the auction for the specific duration you want, otherwise you can't actually select it.

I'm sure there are better ways to do this, but this works for me.

[Anonymous No.52213491]

>>52213445
Statistically you'd get an extra 2 or 2.5% from changing jobs, I think. They track wage data separately for job switchers vs job stayers.

[Anonymous No.52213495]

>>52213479
for a Venti with an extra shart probably, which is what most of the dumb whores that frequent that place get

[Anonymous No.52213523]

>>52213458
every major celebrity and corporate account will pay for it by default

[Anonymous No.52213581]

>>52213523
Yes but they're not people.

[Anonymous No.52213603]

>>52213475
Also consider the following, if we delete niggers from America that’s 10% more goods and services chasing the same dollars

[Anonymous No.52213726]

>>52213603
https://www.youtube.com/watch?v=QuHw5ivCs1A&t=32s