/smg/ - Stock Market General

Finally Correct OP edition

Popular brokers for stock trading:

Robinhood
>commission free and no minimum to open
robinhood.com

> How is it free?
Robinhood earns revenue by collecting interest on cash/securities and fees from their Robinhood Gold service


> When is it coming to my country?
The only "plans" are on an Australian and Chinese beta. Neither of which has gained much traction.

Interactive Brokers
>$0.005 commission per share (minimum $1 per trade). $10k minimum to open. Lowest margin interest. Free API access
interactivebrokers.com

TD Ameritade
>$6.95 commission per trade. No minimum to open. Fantastic data/charting through their free ThinkorSwim service
tdameritrade.com

Degiro (Cheap broker for Europeans)
degiro.eu

Educational sites:
investopedia.com/
khanacademy.org/economics-finance-domain
khanacademy.org/economics-finance-domain/core-finance/stock-and-bonds

Free in depth charts:
tradingview.com

Premarket Data:
nasdaq.com/extended-trading/premarket-mostactive.aspx
money.cnn.com/data/premarket/
cnbc.com/pre-markets/

Earnings Report Calendars:
biz.yahoo.com/research/earncal/today.html
earningswhispers.com/calendar

Biopharma Catalyst Calendar:
biopharmcatalyst.com/

Pump and Dump Advertising:
stocktwits.com

S&P 500 VIX Futures (For SVXY/UVXY, higher is better for UVXY, lower is better for SVXY)
investing.com/indices/us-spx-vix-futures

CNBC Live:
livenewson.com/american/cnbc-america.html
Fox Business Live:
livenewson.com/business/fox-business-network-fbn.html
Bloomberg Live:
livenewson.com/american/bloomberg-television-business.html

Basic rundown on options:
youtube.com/watch?v=TBAQtjyqNHw
youtube.com/watch?v=SuTTzfa4ePE

Previous thread

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Other urls found in this thread:

youtube.com/watch?v=9Y1Ql-MnxIE
twitter.com/SFWRedditGifs

First for red close

>TSLA

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First for LCI

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first for BAC

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I wonder what ever happened to lolq, he was wrong about everything and is definitely broke now.

Im telling you guys... that was Elon

>I will never be fast enough to make an anime edition for /smg/ that is not part of a thread split.

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>optinose is in red all day, barely even now
>the one I dropped yesterday to pick it up is 10% and climbing
>Mexican oil I keep on watch to see crash is up 10%
Fuck my life

hes here AH

i almost think he was that orange id FUD faggot from last thread desu. what he lacks in ability to do DD and understanding of the markets, he makes up for in droves w his ability to shitpost

i wouldnt doubt that he works for the tho
hes much ore active during west coast times

If that is how Elon behaves, that is really unfortunate.

Another one bites the dust

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bueno

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Sorry I was wrong, they're 11.4 each now...

To be fair, every trip/namefag here is.

Good luck anons, I have to go meet with someone who wants to sell me life insurance. Little does he know I put all my money in memes

it would honestly explain a lot tho

is this the same kot?

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True, none of us have a networth over 100 dollars.

I have admitted many times that I'm just throwing darts at a board. So far, it's worked out.

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youtube.com/watch?v=9Y1Ql-MnxIE

I was referring to the being wrong about everything part.

I'll give you some credit for being honest.

i do.... NOW

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Any memes today?

I think l they are, crazy

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>263▶
>Any memes today?
DRUS is on sale bigly

Look up tgs

scalp into close, maybe?
idk desu

i guess tabbys are like asians tho
all rook same

i think XXII is about to break out to higher levels

Look at the fudging PUTS on SPY
most insane have ever seen them

Who buying all these puts!
As 2 b sum sport slog hedge

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>puts
open interest or volume on the puts?

>DRUS
>not on rh
why did you do this to me specifically?

not everyone here uses RH

ok, Im gonna buy the STZ dip. bring it on

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im not buying anything today desu senpai

i dont trade on holidays

It rose 600% yesterday.

Use a real trading platform, pleb

Buy the drus dip

Anyone makin that sweet SDRL money right now or what? shares are moving. what the fuck happened

There is no sweet SDRL money, just r/s pain.

just remember, average in on it goyim
this shit will suddenly jerk down like 50%, so you wanna have cash available to average in

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What do you make of the sudden drop in oil price? Not so much what precipitated it, probably Trump's Tweet. But what effect, if any, will this have on the SP500 and the dollar?

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OH MY FUCKING GOD I WAS SERIOUSLY GOING TO BUY THIS YESTERDAY

kek
i love that chinaman
the way he speaks during the whole doc, makes me wish people were more upfront w their opinions here in the states

it does this literally every tuesday

Sauds are delivering as promised

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i hope i was able to convince you not to

those financials alone shouldve told you they were headed for a r/s

seriously leave the market and take your federal reserve notes and burn most of them. then use the rest to wipe your ass and flush them down the toilet. you're a retard

You dodged a bullet.

i bet you will all miss the XXII run and then come in and cry about it

Would I not be able to dump em now or what?

so far right, this isnt a big pullback at all. its hardly down on the day. however, i might start building short position. i expect a bulltrap at some point and will double into my short there.

as for how it effects the S&P
when oil REALLY crashes (or corrects violently like we saw a few months ago) it translates into much higher vol in the S&P
>pic related

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BLFS is happening

You would but at a massive loss.

>tfw closing green for the holiday

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I'm confused I guess. They have a reverse stock split or what?

I've missed alot. I don't cry about it. I would much rather play safe until I know what I'm doing. The one thing I do know is not to get excited about something. I've watched enough things go by and found I was better not going in.

CHECKED

PRAISE BE

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see that price it got squeezed up to? that is literally the same price as close of yesterday

anything below that, we are now entering the subpenny world

if youre playing penny memes youd do well to learn all about r/s's and why they happen etc.

we will likely see a similar thing happen to HMNY

XXII building up, earnings coming soon

Yes, they reverse split and then continued to tank.

When they auction off barrels or something?

This is what I figured.

Dope! This is the insight I wanted. Thanks.

Who wants to bet Tesla will drop below 300 before the month is over?

What's up with TGC today?

yea its pretty cool. also notice that these short term peaks are generally buying opportunities, as vol quickly comes back down after the oil peak.

the difference is when it is a major peak
>pic related

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What's stopping non burgers from using Robinhood? Can't you just use a vpn?

social security number?

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I think you would have to have cash in an American bank too.

I mean sure if you have an American bank account to transfer money in and out with

pretty sure its how it works w SEC shit

we cant have people outside of SECs jurisdiction, trading directly on our exchanges, and paying no taxes to federal govt

you also need US SS# and bank

If that happens I'm buying calls

Okay then, time to become an illegal.

Ask IllegalAlien, he finds a way

who the fuck even wants to use robinhood? What is even the appeal?

taxation
only paying 25% on all stock revenues in Deutschland

i dont think the time is just yet desu

people still probably see it as oversold. plus theres a lot of tutes still trapped in it from march. they CANT sell when theyre this far down or they get fired

i expect more rallies that will be sold off AH and PM

>freedom day tomorrow
>everyone is selling

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I like the color changing

Dollar still rising, this could be a good opportunity.

You don't get raped by trading fees. The trade off is, the platform is shit.

OI @ 264

That I don't pay commission. I don't know what the fuck I'm doing yet so I don't want to add other stuff to it. I just let my stuff sit right now, why get a real broker for that.

its unironically bretty gud if youre a wagie and just want to buy some ETFs a little at a time and do the buy and hold meme

you dont get commission slippage when you average in over 1000s of transactions. you still get frontrun'D by citadel, but if youre just an index fag, it doesnt matter

Market closes early today and will be closed all day tomorrow. There's always a selloff going into a market holiday, just like there's usually a selloff on Fridays because people don't want to hold over the weekend in case some shit pops off when the markets are closed and they won't be able to dump for another day or two.

so that means go long
short puts are a bullish move
theyre trying to bait retail into buying their puts for extra cash for freedom day

>Dollar still rising
id argue that its just been inflating
commodities have mostly been oving up in tandem w the dollar. if you notice on that chart, this coincides w a sudden fall in the dollar, and then the legendary commodities golden bull

once THAT peaks its tie to sell ALL commodities, and short literally everything in the market

>sell gld calls
>it gaps up 1.2 percent the next day

No commissions, supports crypto and options, simple interface. Great for self managing with independent research. If you care about integrated analysis tools, fast executions/ data, or setting complex levels of stops it sucks

You just got Murphy's Law'd.

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lol
why did you short the bottom tho? this is the most oversold metals have been all year

I think my favorite thing in a while was this weekend when alpha put out an article saying not to buy into Nike because earning, they rose what 7% so they came out saying they've never been so wrong, and then Nike dropped like a rock the whole day so they were really right the whole time.

Don't you know about the Bogdanoffs ?

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kek
the site is literally a bagholder factory.
and so is most of financial shitsites (outside of investopedia i guess).

anyone who trades on what financial sites tell them to do, must lose fucking everything in their first year of trading

>id argue that its just been inflating
That's what I've been trying to figure out for a while now and I'm erring towards agreeing with you.

>this coincides w a sudden fall in the dollar, and then the legendary commodities golden bull
>once THAT peaks its tie to sell ALL commodities, and short literally everything in the market
duly noted!

>anyone who trades on what financial sites tell them to do, must lose fucking everything in their first year of trading
basically this. Do your own DD, just listen to peoples views that are opposite than yours and look into their "views" and decide if they are right or wrong.

I know a company is going to do a hostile takeover of a smaller pharma company. Should I buy stock in the small one or the company taking over? I know if I buy the smaller company then the large one buys all of its stock for a small premium, but the large company should increase in value after the take over, increasing stock price right? I need help deciding how to take advantage of this

What if TSLA hit the 5K goal and nobody gave a shit?

>the large one buys all of its stock for a small premium

The large company will be overpaying for the small company's stock so the large company's stock price will actually go down. Always buy stock in the company that is getting bought out / taken over.

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:(

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