/smg/ - Stock Market General

Based Boomer 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
youtube.com/watch?v=0auyx6MlUEM

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

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=0auyx6MlUEM
twitter.com/realDonaldTrump/status/1016079192604139520
twitter.com/NSFWRedditGif

derp

First for LTBR
I also formally endorse all pic related
ALO may dip this week, just buy it niggas

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...

ninth for the silent movie era

I’m too brainlet to trade stocks. Should I just funnel my money into mutual and index funds?

T-that might be a little high of an average buy in price, user

Thats the lazy way to do it. Dumping into index funds without trying to time still gives you good growth.

Important video for all beginning traders:

youtube.com/watch?v=0auyx6MlUEM

SPY with DRIP

>Normie youtuber
No thanks.

Im not clicking that

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I know I listened to user and fucked up. Bought AMD under 11 so it almost evened out.

Some guys read playboys, i read reports.

VOOG > SPY for the last forever

It's kind of funny, sort of!! Because TA is a meme??

AMD is a top tier meme, good job user

I bought a shitload of UPRO senpai. Fuck your false dilemma.

B-but muh decay

You fool you were supposed to buy GPRO not UPRO

How do we cope with the NASDAQ beating the shit out of everything else for the last forever?

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I honestly can't understand why someone would be in anything besides tech.

every /Dog/ has its day
the Dow will reach 1 million

C O P E
O
P
E

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Wut dat mean

How much more steam is left in this train?

>29 year old boomer that just got into stocks after getting in to crypto late 2017

Why must I miss all the golden bull runs

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There is way more steam left. Tech is just beginning to take over. It's mostly only fucked with IT and advertising so far.

The switch from labor mattering to tech mattering is only increasing. Imagine being on board with the capital that will replace truck drivers. The returns will be enormous for that alone. Tech is still poised for huge runs.

the chad 2000 index is superior in every respect to the virgin S&P

pic fucking related
imagine being a virgin S&P HODLer
>b-but m-muh 1.83% annual divs!
meanwhile the chad 2000 index has almost the same yield, but consistently outperforms the weak, beta-bitchboy S&P

you dont have to wait at all bruh
just make the chad decision and buy the chad 2000 index an laugh at all the virgin S&P HODLers

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Anyone wanna pitch some solid meme picks for tomorrow?

tsla

I need something to give me exposure to the Industrials sector, anyone have anything they like there in particular?

What do you guys recommend for laptops and software?

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LTBR is looking really nice

SPY is the correct answer. Or VT.

It’s called CY

i like the way 3M looks. i dont expect a moonshot or anything like that for obvious reasons, but its hardly recovered at all from february, and its not in any danger of falling anymore imo

industrials bore me to piss tho

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leveraged ETFs y/n


also
how soon are we expecting this market correction

>There is way more steam left. Tech is just beginning to take over.

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Microsoft obviously, you dumb fuck

explain how any traditional company fucks with tech. They just lose. The takeover has only just begun.

Imo no point in buying ETFs unless they leveraged

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XLI CMI GD

ALT

Second time trying to hold resistance at .40 If it holds this baby is going to pop.

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okay lets take every trucking company on earth

Self-Driving Trucks, how do they respond? They can't do jack shit. Amazon or Google will literally take a shit on them and their drivers.

Who here in drus?

Buy Africa Oil Corp (AOI)

Cheers, I'll give these a look

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We'll either get government protecting drivers by suppressing the tech, or a lot of pissed off and heavily armed fat guys, many of them veterans, with a lot of free time all of a sudden. Personally, I have my doubts that self driving trucks will be able to deal with weather any time soon. And maintenance on all the sensors they'll have might not make them cost-effective. But what the fuck do I know? I thought trucking seemed like a good idea when I saw the writing on the wall for video store managers. RIP Movie Gallery, you were a sweet gig.

dont buy and hold w them
unless the market/sector youre trading trades unusually calmy in one way or another. internal reset fucks you up due to institutional buying and selling

choppy volatile markets suck for leveraged ETFs unless youre just swinging w em

i think all industrials are overweight garbage desu, but theres a very clear bottom on a lot of these. theyve been whacked by tradewar FUD for some reason, and should have some room to go up

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why tho?
also that ticker doesnt work

>i think all industrials are overweight garbage desu, but theres a very clear bottom on a lot of these. theyve been whacked by tradewar FUD for some reason, and should have some room to go up

Any opinion on WM?

where the fuck is the guy who tipped HPPI, i need clarification

CMI is pure value right now, even if you don’t get the bottom. WM is similar with room to grow.

Nice! There is still an active /smg/ thread on a sunday. This thread has really turned a corner.

Why do you say that?

looks like someones accumulating rn (check CMF and to a lesser degree, OBV)
but it also looks like it just hit resistance desu (look at CCI and candle formation)

i know literally nothing of their financials, but it looks like their ER estimate is set rather high this quarter. if they beat that (and provided it does what its supposed to when it beats, which is kind of a crapshoot imo), then this thing will probably move

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It needs to hold god damn it!

i dont think its just yet desu
but im watching that one

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We're dangerously close to a 52 week low the bounce is coming.
So are we buying Aug $80 puts then in time for ER. I love a good ER gamble.

theres a green day on the horizon

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Early entry could produce life changing gains. Also check em.

Mainly because me retard and not know anything, but...

Logic is you can just buy ETF index in pure form stock by stock & not have deal with ETF manipulation

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"Chad" 2000 still gets rekt by the bugman NASDAQ
My next deposit gets here Tuesday, I'M STILL CONSOLIDATING

spy will make one last push to 300 and then crash hard af you've been warned

TSLA should have shitty bonds. This is a feature.

>why are the bonds bad
Because it's not campbells soup
>why are the sales low Q2?
Because the 360+ million dollar tax credit loss if they sold to capacity in q2

I swear to god analysts have no brainpower.

Your charting is pretty good, it's just unfortunate that you haven't seen the light and continue to get butt blasted by the golden bull.

but if the market crashes now it will rebound in time for trump to take credit for it in 2020

twitter.com/realDonaldTrump/status/1016079192604139520

This what LITTERALLY everyone thinks therefore it not happening

Pump to 300 cancelled!


Straight to 219 bear market new paradigm !

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/Blog/ hhaha I just saw an ant and it was caryying a Tiny pebble, and it got its leg stuck in a baby spider web, and the baby spider came out and tried to grab the rock from the ant instead of the ant hahaha it was the funniest thing Ive ever seen /blog

what does Jow Forums think about investing in marijuana?

so, memes aside, what's the mood for tomorrow? Green day or red day?

tech is for useful idiots and aspiring decade long bagholders who like buying the top. for now at least

lol TSLA has terrible bonds m8
the reason is because lending them money is a bad idea. ive always found bonds to be rather honest in this respect

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its gotta be a green day

big money is going to come in and destroy all of them.

Actually I got no idea but I don't think the money is on the growing side.

Green duh

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the Hilla lost a thrilla to the orange gorilla

Green, people coming back from 4th weekend.

bonds don't care about growth of the underlying, just if it stays in business, it's logical tesla has shitty bonds. It would be extremely strange if they didn't.

>useful idiots
>has kicked the shit out of the pleb boomer SPY for the last 30 years
I just can't wait for the dump to buy the bottom with options on leveraged QQQ

I liked your blog, fren

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come on no memes, you gotta justify it

>He hasn't heard of the based golden bull run

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Dividends, lower risk profiles

It doesnt need to be explained for the umpteenth time
lurk more, golden bullrun
SPY 300

I've been getting drunk on a sunday but I'd like to thank everybody in this thread for having a really good conversation last thread about china, it was really nice and renewed my hope for /smg/ and I'm really looking forward to monday
Why shouldn't I buy a lot of OTM straddles for this upcoming earnings barrage? Seems like ez money to me

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Kek stupid spider !
Sometimes it nice to root for the little guy but usally enjoy watching spiders win

Me will have you know haven't lost single penny shorting SPY & never will

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Here's your proof, I just bought this, green day confirmed.

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Buy blockbuster while it's cheap

All in on Bearsterns too

The shift is in already dude.

Waymo is going to be doing 1 million rides by this time next year and has huge orders. That's by conservative as fuck waymo.

The world is shifting. If you aren't getting aboard and sticking to shit like housing or autos you're fucking crazy.

Yes
The volatility is the point. Good swigs to be had on the reg
This

wait how much money have you made reluctant kneepads; I've always wanted to ask you that but i never did

Wm is an amazing buy and hold. Excellent div, very stable slow and steady growth, superb management and financials, sector never disappearing

Why do you think it's a bubble?

Housing was a bubble because it produced nothing. A fucking house generates nothing. The technology wasn't even better and locations meh.

Tech is not like any of that.

>I just can't wait for the dump to buy the bottom
just please do
tech gon git the shit ripped out of it. half that index isnt even "tech"
>options on leveraged QQQ
incorrect.
buy options on $NDX
much better return. and for the low price of $23350 per contract, you too can be the proud owner of a 100day ATM $NDX call and LARP that you have around $720k betting on the nasdaq once it goes ITM

Don't you get it kneepad, the bogs are trying to kill you with diseases because you are a bear.

i agree, but ive heard people buying and holding this shit. thats retarded in any market thats not 2017

It doesn't matter though. If it has exposure it's a decent investment. You want to bet on tech and short labor.

>me havent lost a single penny
>spiders are good people
darling....

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What is 1999 pets.com
Yeah of course, people that long term hold them are stupid

>Tech is not like any of that.
>You want to bet on tech and short labor.
youre like a fucking cultist

I'm pretty sure a diversified investment right before the .com boom would have have been a good one if you held to today.