/smg/ - Stock Market General

Filthy Commie Edition

Popular brokers for stock trading:

TastyWorks
>$1 option entry and $5 stock entry, 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

Previous thread:

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Other urls found in this thread:

rt.com/news/435730-turkish-lawyers-us-soldier-arrests/
twitter.com/NSFWRedditGif

So are we gonna talk about AIRG or what?

Where my /KR/ niggas at?

is this the only general that has a movie night? if so, im impressed.

movies and trading, what more is there to life?

looks like its gaining momentum
if it gets shilled on sunday, monday will go like this
dip at open
goes back up to 10.50-11.50 range, might oscillate a bit
closing close at 10 or less

fuck bernie. disgusting fucker wants to rob the population for something the majority don't want.

markets going to be so boring after TSLA goes bankrupt. were going to need a new meme.

More bad news out of Turkey
rt.com/news/435730-turkish-lawyers-us-soldier-arrests/
Watch market futures tomorrow, imagine it being Turkey that wakes the bear kek

good, fuck turkey

What apps do you guys use for tracking?

Getting ready to take a position on Monday.

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Look man I don't like the smelly turks either, but Euro banks are really exposed to Turkey, and inturn American banks are really exposed to the EU.
I hear on the radio that European countries central banks are freaking the fuck out over this.
Mr ERGO threatens the independence of the central bank of turkey, which needs to raise interest rates a fuck ton just to get people to give them money. Ergo might just be like LMAO no thanks, then turkey can't get more money to pay off it's past money. If they default on their mountains of liabilities, then Euro banks (especially already retarded ones like DB) are screwed.
The turkey has killed the golden bear

BUY AMD
SELL INTEL
BUY HI SELL LO
>apps
on desktop using tradingview + finviz + oilprices.com + 3 banks delayed tracking software for that slowpoke feel

Pier 1 Imports stops paying dividend
I thought real life stores dying was just a meme

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What do you guys think about that Movie Pass company HMNI? I bought 30 shares because why the hell not?

HMNY sorry

Buy DRUS, not HMNY.
Former has contracts with US gov and a pretty secretary, company is trying to reverse an old curse from the 1970s.
HMNY has an old moron in charge. Also, will get delisted since they're never going to get to $1 for 10 days straight.

DRUS?

Drone USA Inc, formerly Texas Wyoming Drilling
somebody was shilling this here a few threads back mentioning how it was going to moon

Not available on Robin Hood :(

Must be restricted on RH then, it's listed on the OTCMKT. Too bad.

What's your preference for total market health S&P 500, W5000, or NYSE?
pic absolutely unrelated

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30.5 calls for the end of september.

hope the IV isn't too rough.

really hoping for a moon mission.

also the entire turkish stock market has the same valuation of netflix.

turkey crisis is a front for profit taking.

none of those user, your pic is unironically and absolutely related
peg the total market health on the price of fast food and the lowest kind of food commodities, like the humble potato
sunrun frogposter's ready for it, so I guess this is the next one

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kek you may actually be right

Don't take my word on fast food or food commodities though, because one way to maintain the same or a slightly lower price is to shrink the serving size. Yes, corporations have figured out how to downsize food.
So if you find yourself buying very smol potatoes in a big bag, you're being taken.

I actually don't buy potatoes because the US produces an ungodly amount of rice so it's way cheaper in terms of calories/$
seriously I get half a month's calories for less than 3 bucks
the little joys of living life as a poorfag :p

I've never bagheld a Chinese scam before, should I buy some SORL before earnings?

>TTM PE: 4
>TTM EPS: 1.33
>SP: 5.23
Source: Yahoo Finance

Looks like an overly undervalued gem

Let's take a look at its financials:
>growing revenues : nice
>positive margins: nice
> receivables are growing and is nearly the same size of the revenues: is SORL really getting paid for their shits ?
>growing debts
>an explosion of payables

Oh it's just another chink exit scam shit and Wall Street is thinking the same
I have no words as to how to describe the ridiculousness of the chink way of running public company. Even niggers have some kind dignity.

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Fuck.
Why can't we have this kind of due diligence more often?
That's beautiful, user, thanks.

Are there any good resources out there on how to read balance sheets and spot fraud red flags?

true. I will take a break at that point

I missed all the fun tonight

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I wrote the Autism Inc. report on ROAD (which I am still bagholding)
I could have done many more DDs and share it here but I am just a lazy bastard

You go to the SEC website and pick 10-Qs and 10-Ks. Whenever you stumble upon something you don't understand, you go to Investopedia. Red flags are spotted when you can picture the reality of the lines you see in the balance sheet.

I wanted to work in the finance industry but I am afraid I might be too old (34 yo) to enter that field. I am comtemplating the accounting path.

>I wrote the Autism Inc. report on ROAD
That was a nice read.
Bought at 11.56 dumped at 12.00 made a smol profit.

It's ok grim, we'll have more movie nights and stuff!

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You did good
ROAD is a highly illiquid stock and it ofter has wild intraday swings
Sometimes, it dips below the $11 mark, which is a good entry point imo
The road (kek) to MIDTEENS™ is still long because I think the market is worried about the margins and their M&A strategy.

I believe they can save on the SG&A expenses of the acquired company, making this strategy viable.

I am an insider at a large wall street firm that is well known.
I am overhearing talks about crashing the microprocessor market to the ground with no survivors. It will begin within the next 3 days. You have been warned.

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I'm an insider at a bigger firm than yours.
We've been fudding in your firm to screw you over. Next time you'll think twice before wronging us.
Microprocessor market is about to moon.

would you guys hire a 34yo neet as an analyst ?

Only if you give me ball massage while doing market analysis

I'm the director of Micron's skunk works department.
The AI will be coming on-line on Wednesday.
Short at your own peril.

are they shaved ?

so how hard are we looking to get it tomorrow morning

The majority don't want health care?

Why are you so stupid and ugly, mentally and physically damaged both here and in reality? I have literally never seen you post anything remotely intelligent, original or funny here. All you do is shit up the place with you 8 syllable sentences and let everyone know it was indeed you who dropped that turd of a "thought" on this board.
Thanks to you I have started to advocate for euthanasia to be accessible without any specific reason to everyone, so you could freely end your existence on this planet, because you will NEVER EVER find happiness nor wealth with your cruel handicaps.
Everyone wishes you were dead, ESPECIALLY your family, nobody loves you and nobody likes the idea of having deranged cripple who only produces debt, misery and uncertainty in their family. They might never say it out loud but everytime they look at you they wish you would die already and would stop being a baggage of depression to them.
Maybe you think you are strong just by virtue of existing - but you couldn't be more wrong, the people around you tolerating your existence, the family of yours who carries you as an emotional and financial burden, the doctors pointlessly trying to cure you, THEY are strong. You however, are just a rotting, retarded waste of oxygen and protein.
Do one good and brave thing and end the suffering for them and for you.
Kill yourself

buy all the TSLA puts and you'll be fine.

Living past 50 should be illegal anyway.

stop this plz. these people thrive on attention and you are just feeding them. it is embarrassing.

Just ask um on a date already

>Bernie
This worst thread every

;_; pls no me still sad from forex and crypto dying

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Die you retarded hateful bagholder. Choke on your fun and ripple bags, cripple.

Nuuuuu ;_;
You will be wrong, FUN & XRP LITTERALLY only crypto with use case

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>not wanting to buy crap quality decorative furniture at 3000% markup
idk famalama I can't fathom why they aren't doing well.
Kek. turkey is literally who. Will cause a panic dip and introduce good buying opportunities, if anything, before people realize that if turkey fell off the planet tomorrow no one would notice for several years.

based janitor-kun
now go fetch an adult and get it banned before it recovers

>>Bernie
>This worst thread every
Yeah I agree, it don't make sense. This like the most capitalist board there is

long Mattel

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Load up on TVIX and Depends underwear.

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ironic shitposting

Socialism is unironically the future.

That said, I've been investing a lot in robotics process automation stocks. I really think they're going to take off. Data analytics (Alteryx and Tableau) are also good bets.

>Socialism is unironically the future.
Get off this board now

Automation is going to replace almost all of the workforce. You can't have capitalism without wage labor. There will have to be socialism.

Nah just put everyone that can't afford slave robots in the space force, problem solved. How are we gonna conquer space if we have people leeching off the system at our home base planet Earth?

Yeah, just ship the scum of the Earth off to the colonies, what could possibly go wrong.

Can someone red pill me on Puts over just buying and holding a stock

there will be capitalism, but the 90% of people who can't work a useful job will have poverty-level UBI that they'll use to buy legalized fentanyl. maybe some people will call this "socialism"? hard to tell what the word even means these days

but yeah if you think there's a wealth gap now you ain't seen shit.

what

There will be socialism. Ocasio-Cortez and Bernie are just the beginning. Ocasio-Cortez is actually a socialist. Bernie is just a social democrat.They're popular because we are in late stage capitalism. The corporate democrats are comprised mostly of boomers, so the long-term platform of the Democratic party will be socialism. Republicans will likely never be in control again after the mid-terms.

I keep seeing people here saying stuff like like what's the point in a Put?

Sorry english isn't my first language so I have issues wording

There's even an index for this, CBOE PutWrite.
And long story short the market is efficient and you can't cheat your way into excess gains by simple sleight of hand.

keep dreaming commie

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Wrong reply

puts mean shorting the stock

>They're popular because we are in late stage capitalism.

>They're popular

user...

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Nice rebuttal. Capitalism is on the decline.

Youve already lost, no rebuttal is necessary :)

if Kroger failswithin the next 30 days I can finally fuck off to comfy ETF stocks

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What do you mean by this?

Based kroger owns ralphs

how many hundred points will the markets fall monday

I look at food4less instead.

It's a much cheaper version of Ralph's and they carry more Kroger based products which are about 30% cheaper than the brand cost

Part of DD is going out there and doing actual research.

GTFO faggot
we dont want to talk about socialism
theres better places t do this shit
so fuck off and stop trying to bring up socialism in our comfy weekend bread
you know damn well what youre doing here

for my fellow cruisers
looks like DRUS was heavily shorted all week
judging by fridays close a lot had to cover
im betting were gonna regain our trend line at the very least next week

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this is why I scout all the isles at every store

What is the 1981 apple of 2018?
I need a 1000x

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looks like the action i noticed on VIX this week was from commercial specs stepping up their positions

large specs continue to short
alongside small specs
very strange imo
large specs can obviously hold through anything, but i could see small specs getting squeezed desu. looks like they were almost net long by the middle of the week, but then shorted this friday spike

i currently have a couple VIX puts i bought for the weekend
planning on vol dropping back down monday, and ill take my lunch money and go long IWM this week till i see a sign

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>pic
FBI pls go
fucking degenerate

It's the big one

VIX to 9
rarara

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Delete that image fag

lol not yet
this is the part where small specs think its all ogre, then short too early and lose fucking everything

i agree actually, and that would pay me very nicely, so i can only hope
i see it going back to 10-11 tho imo
that VIX backwardation that user noticed months ago for midterms is almost here (though it has steepened a bit), and midterms tend to be generally bullish
this is prolly the last of the bull well see for a bit tho, so take advantage of it desu

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the contango for the end of august is extremely steep tho, so be prepared imo
september looks almost like backwardation tho. well have to see when we get closer

If the US collapses it's game over for everyone else too, right?
There's no point in making contingencies for a scenario that's not survivable anyway.

Now that crypto is dead been looking for local jobs that have for do with trading (before me give up and just do disability)

There are actually surprising amount of grain / oil storage companies looking for people O.O

Will 3 months of positive S&P trades + corn & cattle futures knowledge impress ne of these people?

So, tell me /smg/, is Turkey about to trigger another 1997-style Asian crisis over the Emerging Markets, while also spiraling Europe in it and then the whole world?

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Forgot pic @_@

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Take a guess
Hint: Soros never loses

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Refer to