/smg/ - Stock Market General

Kek
I can't believe it fucking pumped when the CEO left.
The guy was a moron, but a CEO leaving should never make a stock fucking pump. Who's going to lead that shit now?

Is there any good place to check the upcoming IPOs for the month? All the worldwide markets, not 'murica only

Does /smg/ dab every time they make 1 dollar?

Attached: 1524118670774.png (1902x705, 624K)

congrats to the winners (the golden bulls)
Better luck next time to the losers

Attached: 1528204343826s.jpg (250x166, 8K)

Bought some ATM UVXY calls 2 weeks out at close today. Don't fail me, Trump-sama.

Attached: 1527307954744.jpg (1200x1200, 133K)

Reverse splits shit on value because it's a signal that the company's stock is too low; e.g. it's in danger of delisting, can't get analyst attention, etc. Rs is not neutral

I feel determined. I never felt this way, but I feel I'll be hanging out with /smg/ for quite awhile. Just looking at the stock market and learning about it makes me want to do it and become a trader and invest my money. I never felt so motivated in my life, has anyone felt this feeling?

Attached: 1516475846028.jpg (640x640, 80K)

Failure is not an option

Attached: 1527474813948.png (628x504, 311K)

Attached: jm37vGT.jpg (780x439, 98K)

I watched my $160 gains from yesterday pretty much just evaporate today. So lame, but it's what is. Still up $20 though, so...a-awesome!

Attached: 1478052658444.png (625x616, 150K)

Do people even make money on IPOs? I thought most of them dump

>crypto fag so I'm new to stocks

zerohedge.com/news/2018-07-13/what-can-qe-tell-us-about-qt

Also the ultimate evidence of a market’s end is when random normie cucks all open up their trading accounts for the first time and invest after a 10 year bull market has been running
>look mom! My first $100 gain! I’m a genius investor! I’ll do this forev-

Take zerohedge doomporn with a grain of salt. Just because the market is overvalued, doesn't mean it won't go higher for two more years. There's literally no where else to put your money except the US market. The rest of the world is shit.

if you want to get into IPOs look at why they are having an IPO sometimes the corp is loaded with debt sometimes the corp wants to grow.. theres always a reason for IPO.. find it..

Then once you do find it, IPOs usually have about 6 months of trend up or down, some do well out of the gate and some flop. Whatever trend it is on it usually takes about 6 months

The rising dollar is killing the EMs and China too who have loaded up on cheap debt which is getting more expensive now. They are the smaller bubbles which have burst and it is reverberating back into America as foreign cash flow dries up as those assets burn. Institutional investors have fled (SMART money index is back at 2008 levels) and corporate buybacks won’t keep up much longer since they’re all financed on debt too. The Fed is pulling the plug, Powell himself has admitted this a while back; this is the result if QT and rate hikes occur together

im starting to think rkgs true value is possessing a high level autism w indicators

>Institutional investors have fled (SMART money index is back at 2008 levels)
b-but muh golden bull
>corporate buybacks won’t keep up much longer since they’re all financed on debt too
even worse, now that debt that they use to finance more debt is about to collapse again into nothingness

the credit risk in this market is fucking palpable.
i keep kvetching about hi yields diverging from the indexes, but i mean really. look at it. they usually move similar to one another. since about december '17, january '18, junk bonds have been in a bear market, and stocks have ignored all of it. if its not smart money pumping the indexes, then its retail and pensioners and low hanging fruit hedgies. and if THATS whats happening, then its literally all ogre. someone had to hold the bags. and it explains all the shut up and buy it nyyaaaaa prop we see everyday

im just glad i dont own any fucking large bank stocks.

> hi yields diverging from the indexes
can you explain this? i'm intrigued. the last time SMI dipped like this was 3 months before the collapse.
SMI dip was reported in may so we're talking about 2 weeks before a collapse

What's the thesis here? What do you feel is overvalued? Most S&P 500 companies have been flat since 2017. It's literally just tech thats pumping it.

If you see there being a credit crunch because of increased fed tightening, I could see that. Are blue chip reasonable P/E companies going to be the ones hit by that? No, it's going to be debt burdened stocks that bet big on growth. All those stocks are also expensive as all fuck because they don't split anymore. That could explain the lower SMI and lower volume.

Ok, some of you are cool so I`ll let you in on a secret. I`d rather you guys get the money than these dicks. AMDA. Take a small position. put it under your bed and don't look at it until we're rich.

Here's the deal with them. The CEO jerks his dick in his office when he bothers to show up quarterly. Their stock is at .50 but was once trading at $1,500. Warren Buffet says the market is a way to transfer from patient to impatient. So they took that $1500 and invested into FDA approvals and factory equipment. It's a planned buyout so they want to run everybody away from the stock. Don't have to buy out shareholders if you already own stock. They`ve been doing this for years and AMDA can't get funding from the market, so they`re having to take money from the guys that are fucking them for % of the co. those % also come with stock conversions. In the fine print is says .48 cents is the bottom price they`re allowed to convert these stocks. So no problem, since they're running the short attack. They`ll just make it go to .48. I`ve noticed if too many people notice stuff like this they`ll let it go a little above and not fully to .48 to leave those guys behind or make them chase a little so I`ve already taken my position here and forfeited the few cents mark up.

Ok, so last time a Co. like this got bought out it went to a hedge fund and got plumped before getting sold off and merged with a leading implant CO. the price of sale was 30 billion. That was biomet. Now maybe biomet had a bigger market in sales, but they didn't have any ground breaking tech that would be superior to a competitor. AMDA, according to 3rd party clinical studies has that. Any bio stocks usually are waiting for FDA approvals and clinical studies to rocket ship, but for some reason AMDA tanks and the CEO jerks his dick.

Attached: 3q9EKNw.jpg (225x225, 15K)

Those post-market blues.

Daily reminder that these threads have been
ruined by dumb weabs and larping tripfags who don't know how to trade.

Attached: smgfamilyportrait.jpg (733x597, 232K)

I`m thinking this is all an inside job and they dont care about their stock and just want to write in the buyout "You owe me 100 MILLION" and take wall streets money to develop tech. and run clinical studies, then buy back the stock at chump change and pay the CEO a bonus for developing it.

Now current market cap. is 3.5 mill. Anybody who bought this co. could make this back in 4 years of their spinal implant sales and own the equipment and all their patents. Warren Buffet says look at the market cap and if you would pay more for the Co. buy it. J&J not being in talks for a buy out is a huge indicator that this is all an inside job.

The company looks like a giant trash fire. Throwing $ at a trash fire seems like a bad idea. But two philosophies say different. 1. gaming theory. When the market does one thing do the opposite. 2. Warren Buffet says buy when there's blood on the floor. I wouldn't put any money here I where not fully willing to lose and I`m not. I also wouldn't take a position I wasnt willing to hold into retirement or watch at least half either. Nobody can predict the future and these guys seem pretty cunning, so they might have a trick to drop even the die hard holders like delistment or something. But I fully believe this will get bought out and bloated before converting to a industry player or directly to industry player conversion and could pull a hefty profit for those that ride along with the guys up top pulling these strings.

Attached: 1520926699697.png (713x611, 26K)

its something ive been watching for a while since someone pointed it out as a sign of credit risk.
more recently ive been using it to predict large down moves and VIX spikes.

but i assume you understand how corporate debt works, so i wont bore you too much, but theyre interest only generally. no principal paid, and then they just roll it into more debt/isue more bonds etc...

so none of that shit ever exists anyways (just more keynesian kick the can faggotry), but since the bonds market got neutered, theyre the last stand for a lot of fixed income guys (but still no one trades them cuz they know theyre garbage. and who wants all that credit/interest risk in their port for a measly 5-6%?). so where did all the big guys go? well they left the bonds market to just pump equities. the FED essentially bribed them w QE and the corps kept it rolling w endless buybacks (really the same exact fucking thing mechanically). well they were just fine and dandy with trillions of dollars of large money in the equities market during the easiest market in history. except these are fixed income guys. the only reason they made money in the market in the past is cuz yields. so feb came and trapped a lot of them in fuck huge positions in shit "tech" companies like FB NFLX etc FAANG shit stocks. gloriously overvalued, but muh buybacks and lemmings buy it, so it goes up. and low cost of borrowing means anyone can take out as much as possible infinitum.

now we QT nao, so margins are tightening, obvious credit risks like TSLA, NFLX etc start coming to the surface. meanwhile big money is like you said, been in sell the rally mode since feb.

i kinda got off topic but pic related is what im watching (yellow vert lines are points of divergence. white bars are VIX spikes. its literally every time, go look for yourself). me and rkg are (no joke) collaborating on an indicator to be able to watch the direction and strength of different underlyings where scaling is an issue

Attached: HYG tea leaves.png (1420x688, 125K)

>What do you feel is overvalued?
a majority of the equities market
they got pumped because big boy bondtraders knew theyd never see yields ever again, and left for greener pastures. 30% a year is GR8 and kicks the shit out of bonds, but unlike bonds, this rate isnt fixed. now theyre all running for the hills, but thankfully weve had more money pouring in thanks to things like RH and the "accessibility" of wall st these days

>It's literally just tech thats pumping it.
divergence between major indexes is another thing i watch like a hawk. you are correct. i think were actually more out of whack than it was in dotcom. most of the market is a zombie because ALL the money goes to the few tech memes and FAANG stocks that actually go up. its even worse post feb.

>If you see there being a credit crunch because of increased fed tightening
i do see a credit crunch. but im actually of the camp that thinks that powell can see all of this, sees us in a precarious position where things, economically speaking, are stable enough to try and deleverage and unretard the market from its unreasonable levels.
>Are blue chip reasonable P/E companies going to be the ones hit by that
i mean if it gets bad, everything is going down. but lets say they manage to let off some steam. youd think wed see smart money moving to those things. but we dont. theyre just leaving. thats it.
i think the reason these seemingly safe stocks w low P/Es are avoided is because the low P/E doesnt indicate theyre cheaply valued, but that they have little opportunity for growth (and like i said will be dragged down by market). as to them being affected by a credit crunch, it depends. overweight highly leveraged industrials w tons of debt, fuck yea. consumers w low debt and tons of cash flow, prolly not so much. but idk, and dont take my word for it. im no professional, just an autist who likes charts and numbers and shit

Set up my first TD Ameritrade account, now to learn the game of stock market. Are Dividends really good with passive income? Any links for beginners?

Attached: 1516812074086.jpg (850x944, 152K)

Just how knowledgeable are the /sig/ regulars?

tools.finra.org/knowledge_quiz/

*/smg/

i hope amz and googl fb falls to 100 usd per share
the shareholders are bunch of assholes.

i dont know shit about mutual funds so i missed that one. totally fell for that one trick question about the insurance against losses. i also never even considered college and most of my friends are fucking dropouts who do trades and shit, so ive never even heard of a 529 desu

but i guess im not a total fucking chump for having literally no educational background in anything even remotely related to finance. i do read a lot about it on my own time tho

i do too desu senpai
once the investor trust/sentiment is broken on one of these major FAANG stocks, were gonna see it chain reaction to the rest of them, which will likely drag down the entire market

whats your experience w the actual shareholders?

Kek on at the Robinhood chat on Crypto. It’s all about why HMNY is or isn’t a good buy. It’s a goldmine.

I got 80% 12 out of 15 correct, i don't fuck with mutual funds or bonds

>are dividends good for passive income
not at first, you have to reinvest them for 10-20 years and they will eventually pay your bills

their celebrity mentality makes me sick
"look i bought at 30 usd now i am fucking rich respect me wagecuck"
i hope Fed raise 10yr bond to 8% to wipe out these arrogant "entrepreneur assholes"

What chat is that?

93%
got the class A, B, C mutual fund thing wrong

really curious why people think its a good buy

New thread theme

youtube.com/watch?v=pqP3GHD3QJQ

Are Tesla puts a good idea? Kinda want to short that and all the tech stocks really..

no
Telsa is a meme company but never bet against delusion. Same for tech stocks. The market can remain irrational longer than you can remain solvent.

gib screencaps ma dude
i dont got RH

but do those niggers actually think buying in before a 1:250 r/s is a good idea?
its not even a high risk/reward. its all risk. like, they could easily go find an OTC meme thats a fraction of the price, that ISNT headed for a r/s and play that instead and likely get many multiples over their invstment if they pick a good one and are patient.

>celebrity mentality
>"look i bought at 30 usd now i am fucking rich respect me wagecuck
easy money has a way of doing that
see: the entirety of american consumer culture

modesty is something learned through struggling to get what you got. haughtiness, self importance and narcissism are what happens when it all just gets handed to you

>i hope Fed raise 10yr bond to 8% to wipe out these arrogant "entrepreneur assholes"
sadly i dont think the global economy could ever stand the US central banks raising rates anywhere NEAR that high ever again. but to be sure, im fairly certain that powells whole thing is to deleverage our markets to get us back to a baseline where we can build it back up (and not this phony fake money QE bribery that got us to where we are now. its all phony as hell). the first to fall will be these massively overleveraged "tech" companies w P/Es of over 9000, so you may get your wish sooner than later

its hard to say
elon has been the one writing a majority of those puts, and he does seem willing to go the extra mile for his shareholders (the rest of his incompetence aside). its a high risk/reward play

personally if i was to short one of these kinds of memes, id probably go w NFLX. maybe FB. but im gonna watch how all these ERs pan out before deciding to gamble on equities (something i swore off last ER season)

>really curious why people think its a good buy
same reason anyone ever buys shit thats retarded like HMNY.
they think its gonna go up

welp thats enough internet for the day

>short netflix fb
smallllllllll

Attached: 1523556583012.png (750x750, 787K)

is elon really writing puts? isnt that sort of insider trading?

If you want to profit from the popularity of esports in Asian buy $BILI. Asians even get mad pussy for being good at esports.

Attached: esport.png (1298x752, 1.26M)

who else will be /buying the dip/ after earnings
(assuming it doesnt moon to 450 99% probability)

Attached: 1531549271324.jpg (931x524, 21K)

lol yea the legal reported kind
its literally his job. hes da CEO
when all small speccs get liquidated from buying his puts, he takes the gains and does buybacks

weve been over this nikkei, im not gonna jump the gun. i can be very patient when it comes to choosing shorts. something i learned the hard way.

i dont doubt we see some of these FAANG stocks shit the bed by EoY desu
netflix and facebook in particular due to the repeal of net neutrality. ive been waiting since that happened in april for this quarters ERs to see if it shows up. i have a feeling that they will either have to bounce the cost to their consumer (which would be catastrophic for NFLX due to new, possible competitors like DIS) or take the hit. they arent in a position to keep rolling out more debt, so its going to be interesting for sure.

Usually Bitcoin or Litecoin. I’ve seen it on Bitcoin Cash too.
Most of them aren’t even aware of their business model kek or don’t even know the possibility of a reverse split being very real. (They don’t really know what that is too sometimes)

It’s a goldmine like I said, someone said that they lost 200 bucks off HMNY today.

Sadly brainlet is not a meme

This is thew new technological era
prepare for a shocking reality check as Netflix hits 700 EOY

Attached: 1449376806351.png (645x719, 28K)

WHICH ONE OF you faggots is Jon Y.
This can’t be serious.

Attached: B5D1876C-FECB-4158-B4CD-5D5706E8C66C.png (1242x2208, 360K)

Sometimes I feel pretty bad for these people. I hope he does make it.

Attached: 2FF39FB8-ECB1-479A-9924-36842F093CAA.png (1242x2208, 254K)

i normally dont like hearing people lose all of their money. but HMNY was a reddit stock and most of reddit deserves to be outright gassed. its amazing that people will invest in pennystocks and not understand basic shit like r/s and a companies fundamentals. one glance at HMNYs financials and its clear they have less cash on hand than most welfare recipients at the end of the month.

i guess someones gotta hold the bags. i still stand by RH being a wall st scam that was concocted to bring in a whole new wave of low hanging fruit to hold the bags for this next crash

if that happens and it goes to 700 im absolutely FOMOing into a multi year OTM put

to put it simply
Apple will breech 1 trillion market cap and 999 billion will become the new psychological support. when the time passes in 4-5 months from now, 1.1, 1.2 trillion and no overhead resistance in sight will become the norm. This ties in with the rest of faang because money will be diversified into all of these. Faang has no choice but to fill the shoes of the futur

Attached: hambaga.png (605x508, 248K)

>buy it now its a $10+ security
gotta be a bagholder trying to get out
or maybe hes just retarded. either way, i can almost taste the total loss from here

"i really want free movies to be a thing, such a great business idea!"
"it's really cheap I'll be a millionaire if it goes to a 50 dollars like normal stocks"

looks like they underwent a couple reverse splits in the past. they were never actually trading at $1500 per share. What makes you think they won't just do another reverse split to stay above $0.48 per share?

lol
judging from historical data youre probably right

but i say that the FAANG gravy train is on borrowed time. all that needs to happen is a fallout in investor trust. even in just one of them. this will cause a chain reaction

Your analysis of Robunhood being low hanging fruit is accurate. It gives access to psychological plebs.

Also veryyy good point about the new psychological support of trillion. That may be the precursor to a major correction/crash

i've seen anons like this, even with the same pepe image, right before a company declared bankruptcy shilling stock.
must be insider trying to dump backs.

NSPR & EVEP for examples. NSPR split after user shilled, then EVEP went bankrupt
wish i could say i was smart enough to not buy but i learned my lesson

BTC chat is full of normies.. i can feel it

>It gives access to psychological plebs.
its not even like everyone who uses it is retarded. like its actually pretty useful for buy and hold memes where you just avg in a little from your wagie check to put in there (i just dont think this part of the market cycle is when one should be doing this desu).

its definitely a trap. a great example (which i sadly lost the pic of) is RH crypto. they launched that shit on a day where crypto had just crashed HARD, and was showing a sign of forming an uptrend (dead cat bounce in hindsight). the day 1 traders that got access had literally one measly rally where they wouldve been able to cash out on top, and that was it. all downside after that. this is also at a time (late feb if i remember right) where the whole market was crashing.

help

Attached: 1513405460197.jpg (1280x720, 106K)

Here, drink some of this

Attached: 380789-bleach_urahara0197.jpg (400x300, 24K)

heres a hastily put together picture of it
dont have the exact date on hand, but the red line is somewhere around where it happened

Attached: RH users assraped by crypto.png (1412x659, 47K)

no

Attached: Untitled.png (149x126, 43K)

Golden Goose egg
Compare the Faang marketcaps
Think about what will happen when that money gets allocated

Futures is the worst thing to happen to crypto jfc

Kek very sad

Attached: E7F30D65-C701-4AA7-AFC0-76A91FAF071F.jpg (1242x2208, 443K)

You can rest easy this weekend, the golden bull is here

Attached: 1999.jpg (408x876, 148K)

okay ty. I have calls on JPM and MSFT please make them go up, also do NOT make SNAP go up. ty

Attached: 1524491529133.jpg (1000x750, 87K)

lol
its funny too if you go back and look at the articles right when futures came out, no one was trading them (because obvious end of market cycle). then they all hopped short and it became much more popular. fucking surprising innit?

>Think about what will happen when that money gets allocated
how do you mean?

>the markets are virtually the same
wew
cryptards are fucking delusional
my buddy trades crypto. hes obviously down about 70% but, hes up in sats from where he was. he always says the same thing
>its all charts
>i can read crypto charts (not well enough to see its a bear market tho lol)
>the stock market is the same thing, no different
i was trying to convince him to come to the stock side, but after he told m that i told him to stay put lol

how long expiry?

Last one. Will this guy be another reluctant kneepad girl?

Attached: 5DDA2BFE-964E-424C-BFB7-A3ACBB641D00.jpg (1242x2208, 991K)

BABY NUMBERS

Attached: 2018-07-14_00-19-57.png (143x162, 4K)

heres the thing
You went against Buffets wishes and used leverage
When BAC and GS roll next week, they could begin the real fakeout breakout
But, wishful thinking is good

Attached: 1470994627601.png (234x215, 5K)

>how mean
I mean the funds that divy up into all the faang stocks

But I have BAC too!

Attached: 2018-07-14_00-22-29.png (84x46, 1K)

buffet wouldnt have /700 million shares/ if it didnt perfectly fall into his plan for the upcoming years

We're going to make it with BAC
Just buy more!!!

Attached: buffet holdings.png (858x458, 92K)

New golden bull video 19 minutes ago
youtube.com/watch?v=C_z71KmdLc8

i have a single melon too!! i am going to make it!!!!

Attached: 2018-07-14_00-34-00.png (82x164, 2K)

based
unironically going all in

>ADX CCI, PPO
spends 10 minutes on 100% worthless lagging oscillator indicators
might as well be using horoscopes

Any Straya cunts here?
Looking to get started into the ASX with about 1-1.5k AUD, dont feel comfortable with anything larger at the moment.

Whats some good shit to be looking for?

those are pretty far OTM desu senpai
if i was you, and provided they dont get nuked from some sort of crash id rollout to closer strikes

like, when i trade options, i like to put my strikes RIGHT in the middle of all the price action. this way theres less of a chance for it to expire worthless. most of your contracts have strikes that are outside the extremes of usual price action (a good way to choose options strikes imo is to use point and figure graphs. this eliminates time axis, and allows you to focus on price action).

you did ok choosing options w a little time on them, but many of those moves are 2+ standard deviations away. in general, unless youre confident in a moonshot or breakdown, you should keep strikes inside of regular price action, and inside of 1 standard deviation away.

the bright side is, with options, the returns can be so great that you only have to be right once in a while, you just need to be really right and hold for the massive gains

but look at pic related.
your break even at expiry is 120.27
JPM hasnt come close to that in months and according to the probability graph, you have around 5% chance of that even happening. those are not good odds.

if we look at the point and figure chart, and the volume at price indicator, we can see where the stock is heavily traded. if i was very bullish on them, and expecting a large move, id place my strike somewhere around 109 or 110, as i see its heavily traded around there, and its within the historical range of the stocks

if your broker doesnt have these (the standard deviation graph thingies), look around online for one. they are invaluable. i only take positions within +/-1 sigma as a rule. anything outside of that is just gambling

Attached: probability.png (1599x767, 192K)

i mean ciovacco is a macro guy, what do you expect? he doesnt concern himself w short term noise. lagging indicators are perfectly suitable for his purposes imo senpai, in fact, theyre probably preferable

so where does someone with $1k to invest begin

depends on your goals and time horizon

all in deep OTM weekly VIX calls

Thank you very much for telling me all of this. Is there a name for standard deviation graphs? I have no intention of exercising these options, just selling them on a strong green day. I'm trying to make a few bucks here and there while I am learning along the way. But this information you've given me really helps man thanks!

Attached: 1482993816921.png (1200x1000, 102K)

these arent your parents candlesticks