/smg/ - Stock Market General

No To Your Profits Edition

thread theme:
youtube.com/watch?v=ON-7v4qnHP8

Popular brokers for stock trading:

TastyWorks
>$1 entry for options, $5 for stocks, free exits
tastyworks.com

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

Interactive Brokers
>Cheapest trading platform for Europeans, very good API, anal registration process. $0.005/share, $1 minimum. 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)
>2nd cheapest platform for Europeans, they announced an increase of their commission fees. Very quick registration process
degiro.eu

Instant news:
thefly.com/index.php

Educational sites:
investopedia.com/
khanacademy.org/economics-finance-domain

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

Suggested books:
pastebin.com/jgA5zTuC

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Other urls found in this thread:

finance.yahoo.com/news/home-depot-stock-bound-crumble-154841409.html
youtube.com/watch?v=DZwPsYu8_1I&t=618s
bloomberg.com/news/articles/2018-08-09/asia-stocks-face-mixed-open-dollar-strengthens-markets-wrap
youtube.com/watch?v=5hFse8JhqfI
youtube.com/watch?v=0qOP3osFPe8
amazon.com/Reminiscences-Stock-Operator-Edwin-Lefèvre/dp/0471770884
twitter.com/SFWRedditGifs

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Comfy profits edition

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I can see ATVI hitting 150-175, maybe even 200 next year.

>mfw home depot starts dumping thursday evening

$200 calls for 8/31...big ass head and shoulders forming on the daily but the earnings estimates look good.

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I don't think the bubble is nearly done peaking, either. I can't rule out 250.

Why is pharma such a wretched hive of scum and villainy?

What’s happened to whoever it was that bough 47 mil I wonder?
You’re just borrowing energy from the future you, she’ll be mad!

*gasp* oh no me not want puss off future me
She scary @_@

Turning off phone

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I dunno but check out this huge low volume dump at the close of day. on the 15 min charts, it's the biggest low volume price drop i can see in the last year.

anyone with greater knowledge than myself have an idea? shakeout before earnings?

>this was also published today

finance.yahoo.com/news/home-depot-stock-bound-crumble-154841409.html

"Heading into the report, analysts are projecting earnings to rise more than 26% year-over-year to $2.84-per-share. Revenue is expected to rise 6.8% to $30.01 billion."

"The dilemma for HD stock investors is that Home Depot will more than likely post better than expected earnings due to the lag between new home sales and the impact on home owners buying new home goods. Guidance will likely be the big issue for HD stock.

This brings to mind the potential for $200 to act as a spoiler for any post-earnings Home Depot stock rally. Will the market bear $200 for the stock? Will guidance keep investors from pushing the shares any higher?"

I've been playing options with closely out of the money calls and selling in the earnings run up. managed to trade myself out of a big fucking hole after buying the top of some stupid comcast calls. learning more everyday. got a bit riding on this so i need to have a realistic stop loss.

also hope you niggers bought ENT this week.

1/1

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Dollar mooning. What is going on?

the whole market took a dump right before close today look at spy

GBR earnings on Monday AH. Who's loading up?

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AHHHHHH
LIQUIDATION ALARM JUST WENT OFF
WTF JUST HAPPENED WITH USD

HOW DID THAT GUY KNOW DOLLAR WOULD MOON TODAY !??

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WHO WAS THAT GUY AND WHY WAS HE SO GOD DAMN RIGHT

You think they're going to have a good earnings? I think it's more of a longer term hold. Only thing earnings will have is maybe guidance on the buyout. I don't think the company is going to be doing much more until after buyout happens.

they are among us. we are not alone.

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>walk away to play with my dog for an hour
>come back
>futures dumping again

Who /bloodyfriday/ here?

Should i put aome money on UVXY? I keep trying to time an entry and getting boned.

I got in UVXY @ 9.19 so you would be in a way better position than me if you bought in tomorrow below 9. But there's a possibility UVXY might open with a gap up to 10 or something. Today was a good day to get into it.

crude hanging out around 66.6

WHAT DID THEY MEAN BY THIS?! I'm getting scared now

Wew, glad I panic bought some at 8.23 just before close when I saw it start to pick up.

What the fuck man. Just as I'm falling to sleep this shit happens. Couldn't you wait until morning?

It's official though, some quite well informed anons shitpost with us

Talked myself out of it this morning and kicked myself in the ass after it shot up.

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Did anyone screen cap? Do we have big players lurking these threads? That would be cool.

Are you guys ready?

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How much are you guys up this month on stocks?
only +2%, thinking about going back to short/long BTC on bitmex.

PLEASE TELL ME YOU'RE READY

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I miss 2 scoops

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I was planning to go to sleep but this is just too good. Goddamn it.

pretty sure this spic trader shitposts here: youtube.com/watch?v=DZwPsYu8_1I&t=618s

screencap this post and $DXY will hit 150

He was here earlier today, I'm sure he'll be back silly

what the fuck happened
god damn it there's multiple intrigues going on right now
I'm trying to learn about the FED; what's the dollar doing?

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i can't wait for this shit to blow up

HOLY SHIT

I miss grim.

I should be sleeping right now.
Goodnight, grim.

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2 scoops!!!!!

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bloomberg.com/news/articles/2018-08-09/asia-stocks-face-mixed-open-dollar-strengthens-markets-wrap

>The euro slumped with emerging-market currencies and stocks declined amid concern Turkey’s problems are spilling over. The Turkish lira hit a fresh record low amid a souring of diplomatic relations with the U.S.

>The dollar extended gains and the euro sank as the Financial Times reported the European Central Bank was concerned about the Turkish exposure of some European banks.

Wut? Why is the yen not raising more? No yuan/aussie dollar increases? Are people betting that much on the US CPI?

Commence operation BACKFIRE.
Activate financial deleveragement.

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>futures dump
>I still have puts
Feels good. This week has been a crazy week, robintracker strategy is coming along fine, I'm in the green.
We're all going to make it lads

I think Turkey just flatlined.

Can someone please make dollar stop fucking pumping.

Rip. Makes me kind of sad, I have friends who live in Turkey. They've been talking about leaving for the US, thankfully they're extremely wealthy. But what sucks is most of their money is tied up in real estate. Shit's fucked, I talked to them and they were super scared after the """coup""", wouldn't even dare to badmouth Erdogan over the phone or in email. At least I got to go over there and see the Hagia Sophia, who knows how long things there will last.

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Is Turkey the next Lebanon?

I'll be pretty fucking pissed if it is. I was last there in 2013, tensions were already a little high, and Syria hadn't completely popped off at that point. Probably wouldn't visit there today. You're an /sg/fag, you'd probably know more about it than me, I only casually keep track of the war, livemap, etc.

I hope you all sold some of the AMC I told you to buy today.
Also giddy up on vol idiots.

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fuck money, fuck politics, fuck my internet addiction, fuck my new haircut and fuck saving on furniture.

What want is take you to Sankt Peterburg in the winter. I want to get high in Prague with you, I want to get lost in Fes with you, I want to ski with you in the Austrian alps, I want to pretend to care about wine with you in southern Italy. I want to hold you outside a bar at 3 in the morning and not feel my face, I want to see your favorite bands, I want to make friends with your brother and with your friends, I want you to want me, I want to take you climbing and beat you at chess. I want you to talk to me about brains and sophisticated data science, and perhaps I'll even understand. I want to dance with you to folk music, and get ecstasy at a rave, and then maybe love you. I want to share my fear, my adrenaline, my ambition, my sense of wonder and my ugly cynicism. I want to tickle you, I want to see you when you're cold, I want to share my books with you.

All I want is you you you.

Take your meds.

I go to bed in Los Angeles thinking
about you.

Pissing a few moments ago
I looked down at my penis
affectionately.

Knowing it has been inside
you twice today makes me
feel beautiful.

youtube.com/watch?v=5hFse8JhqfI
Long BILI

>the chinks even copied the american way of making propaganda movie

Jesus they've even got the white balance and camera movements right. 北京欢迎我们...

I have been to chinkland and I can assure you they make exact copies of Hollywood action/thriller movies (except with way less whities and niggers and way more chinks)

But the funny thing is those movies don't export well. Even poo in loo movies fare better abroad.

youtube.com/watch?v=0qOP3osFPe8

Going in big on the Dow, gambling on this being accumulation. Any CFD or Futures traders here?

Redpill me on SNAP

European futures traders, PLEASE fucking pump Her.

Looks like things might be going my way, pondering whether or not I should start scaling into this thing.

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Is it start shorting Europe and EMs yet?

*time to

Gonna start scaling in if the Dow breaks above that 25410 area of resistance.

Whats a good way to start and learn the basics ?

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investopedia, just looking at stockcharts, drawing lines and following them real time, zerohedge sometimes has ok articles that can be used for learning

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First learn about Margin and Leverage. Then learn about movement increments. Pips for forex, ticks/points for CFDs/Futures. Be clear on how to calculate your amount risked per movement increment.

I don't really know what entry/exit approach you'd prefer. But the the underlying idea behind trading is to cut losers and let winners run for as long as possible, and add to them when you can.

This Dow position, for example, was a winner, but is now turning into a loser due to the stop hunting that took place around Support, leading to a downward breakout. I'm going to assume it's a false breakout. If I'm wrong, then I have to get out.

you trade cfd?

I've traded both.

u millionaire? it must be funky to trade 1:10 lever, always was curious about trying on some stock like amd

I haven't become a millionaire from trading. Yet, if ever.

Thanks frens. Dads an accountant and i had management and finances classes in uni. Is that of any help ? What can the aforementioned help me with if anything?
Thanks again

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buy HMNY

read this amazon.com/Reminiscences-Stock-Operator-Edwin-Lefèvre/dp/0471770884

Accounting won't help you very much with trading, more for Investing. In finance you probably learned about Margin, right? Initial margin, Maintenance Margin, Margin Calls, Marked-to-Market. That'll be of help.

>buying blue chip dividend stocks
c o m f y

I am a Buffett-sama memester
I don't trade but invest in companies I like
I read financial reports, do models and try to guess the future narrative of companies

Being a seasoned accountant won't necessarily make you a good investor as fundamentally you have to feel if a business has a bright future and a competent and honest management

>buy ROAD

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I've watched enough of comfy's videos to know that the short squeeze is never happening.

>warning explicit language
Is this based on the rumours of Drumpf saying he will rebuild the infrastructure of the USA ?

The Dow staying in this is interesting because it indicates that someone doesn't want the market to go up, indicating their might be quite a big move if it does get some upward trend going.

Another thing to consider is the CPI number coming out soon, which might have people on edge. Too high a number may indicate increased Fed hawkishness.

*staying in this range

The squeeze is today. Make sure your are out by 11am. Cap this and check em

are you goldman sachs

erdogan is an economic expert

intc - 3% pre
nvda - 1% pre

kek

International weak points

Turkey, Australia

Jesse chris that SPY gap down kek good thing was hedged

But me so angry with self fir Forex
Ugh why am so stubborn

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Kill yourself

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Reminder to be nice to RKG (male).

CPI 2.9%, Exp. 2.9%
CPI Core 2.4%, Exp. 2.3%

Pls no ;_;
Yes! @_@

You have to know. It sucks ass but you can't be a weak hand in this game. If you spend the time and research it enough you'll know.

chips crash inc

I wonder if AMD will be hit hard or at all. The momentum is strong.

Bump for HEAR
Dip is about to end, be fast if you still want to buy

Goal is 40 dollae by end of month

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What's on the menu today boys? Capitalization and massive sell off #TheBigOne.

Roast Turkey

>when turkey announces emergency rates and martial law people will ignore inflation

And where will the money go? I hope you are prepared for being utterly cucked over the next 5 years if you keep up this bearish mindset.

The money is going to go to pay for health care, living wages, affordable housing and undocumented immigrants.

soon gangs of islamo nuts under erdogan are gonna inspect for proper patriotism and kill kurds randomly