/smg/ - Stock Market General

Checkerboard edition

Popular brokers for stock trading:

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:

cnbc.com/2018/08/21/china-economy-biggest-risk-may-be-property-market-not-trade-war.html
twitter.com/NSFWRedditGif

1st for no debt and saving half your pay no matter your income

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

Why would you save only half if you have higher pay?

Third for 600k debt and desperate margin trades

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What will happen to AMD tomorrow?

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perfect desu

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none of you guys understand

I put .007% of my 9-5 40k per annum managerial job income (regional co-manager of Applebee's™. it took me a long time to get here but I worked my way up the corporate ladder for 15 years right out of a STEM degree starting out as a restroom executive) into low-yield federal reserve IOGs (I owe goyim). I would round up to .01% but I've had several discussions with my wife's boyfriend and it's really a matter of logistics because of his claim over that portion of my income as more efficiently spent towards his operations (I finance his rap music production group)

I then reinvest the profits into cross diversified chinese ETFs for those sweet, sweet divvies for 2% quarterly growth. this is what peak performance looks like and what all you gambling traders with your algorillas, linear depressions and nick nightingales don't realise is the second your order is executed for legalised gambling devices (AKA "derivatives" and "integrals") you lose it all instantaneously. and that's straight out of the mouth of the broker I pay 20$ commission for each entry, so you know he's legit. his name's kyle and he's 22 and fresh out of harvard. or sorry, haverford. I'll literally be able to retire with 1.3 mill by 87. Joke's on you. I did the math (calculator app).

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is that so

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where's the guy posting "this market has gone X days without a major correction" with the touhous on it

is this fuckin thing really gonna keep pumping? was February honestly the correction and we're going to the moon until the next one? well i hope you all got in during all those whipsaws

SPX futures 2900
3k end of year

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unironically though

mfw TLRY hits 100

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isn't today the first day we're out of correction territory?we're back above what we were when it went down in Jan

very impressive strong growth in all the areas. adding more of BILI.

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>chinkshit

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Does anyone do commodities? The idea of owning oil and gold sounds cool to me, but I don't know if it's a smart move.

I trade both, but you should wait until you are more experienced. Commodities can be less random than stocks, but their prices are affected by a huge range of variables, which you will need knowledge and experience to gauge accurately. I would paper trade based on news and see where that gets you.

china is the largest internet market in the entire world so BILI is worth buying.

>chink c-tier NYSE notes
>ever worth buying for any reason

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fuck china

>when it sinks in could have LITTERALLY bought anything and made money today

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Commodities are hard because people actually use them and their price an no abstraction
Train paper them for no less than year before using real money you gotta observe full yearly cycle

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Okay! Plan of action for tomorrow. I'm going to try the same strategy I used back in January when the great dumpening occurred. Low ball bids ~20% below today's close, try to snag the low before V bounce. I expect a flash crash incoming to lead in to it. As in January, with this much retail fomo people don't want to let go right away, don't want to let a bearish reversal happen and don't want to admit bearish reversal is in fact in progress. So bouncy bounce. Live cat bounce first, which I will trade, then sell and see what the story is from there.

That is plan. I am placed low orders for the following:
>Green Thumbs Industries
>Ianthus Capital Holdings
>Tetra Biopharma

Tetra has catalysts coming up soon with their clinical trials and North Bud shares dispersal. GTII and IAN have financials releasing end of day tomorrow. The latter two are US companies which investors continue to sleep on somewhat. Financials are rumored to be good.

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you still should be able to spend some of your cash as you make more of it and saving half means you get to retire in not even 2 decades, no matter what

theres more to investing than living on 15k a year and dying with 65 million in brokerage accounts

Are you guys seeing futures? Jesus

Futures dump already
... the NAFTA news was NEGATIVE ;_;

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Yuuuuuuge stock rally

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She's cute

bear party is over for the next year or so folks

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How is it going to hit $100 on $20 Million in sales?

>he is unironcially a bear

Very very sad

So how me play bull market >_>
Me want volatile back

I've never once shorted SPY desu, but my condolences to those of my disposition who for some reason prefer trading spy

just buy it nya

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I've been buying a small amount of SQQQ every day. Surely this won't kill me r-right?

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do you mean you are buying 1 share a day or less than that

>shorting the trump market

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Like 1-2, just a hedge against the ATH of the Nasdaq

Futures are ridiculous right now. I really want to know who is pumping this. It's like free money.

Something is up. This feels like a trap. No way it's that easy.

One more thing about V bounces. Speculative market has a quirk when it comes to dumps off the top. I once read, and have found to be true, that a rapid decline in share price is more likely to hold low support than a slow decline. Slow bleeds drop through support more readily. Fast gushers hold support and bounce before resuming downward trajectory.

I like this strategy as I'm not planning on buying anything anywhere near current market value in weed sector so I can either wait and see how the story plays out with no orders, or I can low ball and trade V bounces. If I'm wrong about the speed of the drop, my orders won't fill and I'll be sitting in cash same as I would have been doing nothing waiting for conventional entries.

Bull run until December. Massive sell-off in January.
>It's science.

the tarrot gypsy tried to warm you!

shortin market long term is a bad bet, especially when rates are this low and pension funds etc. buybacks have no choise than buy s&p. some exceptional traders might be be able to do succesfully very short term shorting but usually it is better just not be long, not short if you have idea market going down

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Not even I can stop the Golden bull run
Sad

this is a really bad idea due to the leverage and theres absolutely no indication anywhere that the charts say anything will go down anytime soon

this is why you fail, trying to countertrend and basically call the top down to the point on the NASDAQ which is impossible and will never succeed

buy TQQQ until the charts say bear then buy SQQQ

this is crazy. i got so used to buying through all this chop that to see it actually paying off doesn't seem right.

>ftw scared of success

How are people feeling about the pot market tomorrow?

I'm holding a very small amount for less than a week.

This not fair
Why did volatile die RIGHT when me got 25k

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Dump. Hard and fast. It could be tomorrow or Wednesday or Thursday after a bit of volatile movement along roughly flat average. It's coming though. Have a look-see at January/February on the charts. We could either be in that scenario, or in the November 2017 scenario where bull run resumed after the dump.

Pls be real
Me need just ONE MONTH
No
Two more weeks of violence for make it

dont worry accumulate and it will be back hard within a year or so and you'll have a lot more money to play with

I have a friend who is playing that character in one of my campaigns. Either I posted it or you are a middle aged man named Josh.

>It could be tomorrow or Wednesday or Thursday after a bit of volatile movement along roughly flat average.
I have a feeling that it's going to be tomorrow after hours because of Tilray.

Oh, I dunno wtf is going to happen with S&P. My prediction is about the marijuana sector only.

Hi Josh :-)

I have that image saved from months ago you fucking larper lmao

Your friend am playing corn :O ?

Me dont know how play anything but bear and volition markets
Am scared
And need make like $100 daily

R_T

Just a chick with a corn familiar that she is terrified of. It was a weird campaign.

>he fell for the trade war meme

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So with this crypto breakout, I made the move to cash out half my crypto to put in to a hedge of some form.

Decided I want to invest in to some stocks and see where it takes me, so, 2 questions:

1. Is today a good day to buy, or are we currently at a peak where I should wait for a dip?

2. What are a handful of stocks I should pay attention to, and buy in to at the next opening?

do you even have the means to produce that image?

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>haha he formats his posts he must be a redditor

actually reply to my questions or fuck off, retard.

I
G
C
190% gains over the last couple days and no one is in this shit?

I'll short it later

I'm doing both fag :-)

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my stomach hurts eating to much vegan chocolate ice cream

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Kek what game am this?
Me Got that pic for Corn trader pics no clue where got it from

Me trading to become corn trader ^_^

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Oh boy, tomorrow is going to be interesting, starting out with 5k.

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wait for a dip if you're not retarded

>1st day of trading
>Buy at ATH
>5k gone

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No one knows
It looks like we pumping eternal now

>MU above 52 already
>sold AUG31 53 calls on friday last week

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Only slightly, going to start with some cheaper weed stock like ACB.TO and ORGMF and definitely not with the full 5k.

I don't know why this of all things demands proof.

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All MU ever does is languish in mid-50's hell. If it hits $60, I'm dropping it like a bad habit.

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Some australian housing data, slightly old but informative.

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More

Housing is going down down down worldwide wise (doesn't mean local areas can't go up)

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australian home declines continued

"A number of regions have already recorded larger falls than in the GFC or post 2010." (Peak to trough dwelling value)

follow @cmkusher for good housing talk, he does residential research in australia

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Kek
Guess Tomo am me new corn trader familar

Draw more pictures of him !

cnbc.com/2018/08/21/china-economy-biggest-risk-may-be-property-market-not-trade-war.html

Nobody really gives a fuck. Don't plug your shit here David.

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>no one here gives a fuck about australia property market
uhh

I decided it's not time to be retarded again and closed my 1broker account
My gambling has been suppressed for another month

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The housing markets getting BTFO in tons of places is pretty important signal

Tell me more

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LITTERALLY just followed that Twitter before your post
Me care

nice dubs nice post fren

f what user?

same here

been bagholding that trash since $30

China housing market

Did I miss another mid-trader crisis?

And why do I care about the chinese housing market? Come on, you've almost got your dam point out finally....

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