/smg/ - Stock Market General

George edition

>I'm new to the stock market, what stocks should I buy?
Before you buy anything, make a brokerage account and read investopedia articles and/or the books in the OP list. If you don't have a broker, you can't buy stocks, and if you blindly buy things without understanding how the stock market works or doing any research on the individual stocks you're buying, you will lose money and it will be entirely your fault.

List of popular brokers:
pastebin.com/mrSchZPg (embed)

List of basic stock market terminology for newfags:
pastebin.com/VtnpN5iJ (embed)

Real-time market news:
thefly.com/index.php

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

Free in depth technical analysis charts:
tradingview.com

Premarket Data:
pastebin.com/y9PRQLR3 (embed)

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

Suggested books:
pastebin.com/jgA5zTuC

previous bread:

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Other urls found in this thread:

reuters.com/article/us-usa-stocks-trump-comment/trump-calls-stock-sell-off-a-correction-says-federal-reserve-is-crazy-idUSKCN1MK2TE?il=0
twitter.com/SFWRedditImages

OHNONONO!!!!!

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CHINA HACKED THE WORLD ECONOMY

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5 STRAIGHT DAYS OF BLOODSHED

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>crypto falling down as Nikkei opens

When will the bleeding stop?

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I HURT MYSELF TODAY
TO SEE IF I STILL FEEL

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With the market taking a big beating what are you anons going to snag on the cheap during the red days?

This is Jerome Powell, Chairman of the Federal Reserve! Say something nice about him!

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Why did you make another thread?

just fuck my stocks up senpai

everything. but only after another few percent like today. if it doesn't keep falling it was pussy shit better to be ignored anyway

The first goyim as fed chair, not off to a good start.

Beaten why for (why for)
Caaaaaaaaaaaaan't take much mooooore
HERE WE GO (x4)
ONE, NOTHIN WRONG WITH ME

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why the fuck are people feeling a bullish rebound tomorrow?
Won't it be a dead cat bounce and then further crash?

>that comfy feel when too old for armed forces but young enough to see and feel the carnage of World War 3

This time, we're finishing the job the Japanese started. That is unless the pussy Millennials refuse to fight because of muh Chinese are human beings with muh rights too

>having money left to buy

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>dead cat bounce
I'll take anything green right now.

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I’ve got a good 5K to throw in I’m thinking of jumping on ATVI if the market keeps running down.

I feel like call of Battle royale combined with big announcements in November from blizzcon would raise their share prices up up up

>Won't it be a dead cat bounce

the proverbial cat hasn't hit the ground yet.

Exactly this but I could see a nice rebound for whatever reason Friday is the worst day in the markets. So Thursday all stocks up 2%, then Friday all stocks down 8%. Into worst storm of all time, into Oil 120 a barrel, into Election causing Democrats to win everything, into Civil War 2.

Thanks Satan

Crypto

>reuters.com/article/us-usa-stocks-trump-comment/trump-calls-stock-sell-off-a-correction-says-federal-reserve-is-crazy-idUSKCN1MK2TE?il=0
>“Actually it’s a correction that we’ve been waiting for a long time, but I really disagree with what the Fed is doing,” Trump told reporters before a political rally in Pennsylvania.
what did he mean by this?

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Put those pink wojacks away. We green tomorrow.

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>That is unless the pussy Millennials refuse to fight because of muh Chinese are human beings with muh rights too
spoken like a true boomer

if thats how you feel maybe you should be the first to fight? instead of being a little bitch who lets others do the job for him?

this TBQH, I was 98% stocks/crypto, 1% cash today, $100, not nearly enough to buy a dip

glad i got a couple VXX before close, but im still going to be fucked tomorrow since im an Amazon shareholder...

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>tfw VTGN was green today

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If I had to describe today in a word, it would be yikes

He means the fed is being too aggressive with the interest rate hikes and risking damage to the economy for no reason. They're hiking because economy is strong and they want to curb inflation, but there is certainly a point where said hikes not only curb inflation but trigger a downturn, which you do not want.

you dumb cunts dead cat bounce is a spike in a useless security after a sell off where shorts cover their positions (that's the bounce) this is not dead cat bounce lmfao

My words are overreaction, panic, and correction

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I would say rate hikes being partial culprit for the DOW breaking intraday drop record twice this year indicates the fed being too aggressive.

Also HODL

all my stocks are in the red....

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What do I buy with 2k

This was the double top. I fear what tomorrow is going to look like. Could go down another 1000 points.

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Maybe Altria. There were credible rumors reported by the Globe & Mail today that Altria is considering buying a stake in Canadian dude weed Aphria. Or you could yolo and just go straight to the dude weed itself. Altria would be a slightly less risky move.

>mfw I sold YANG on Monday and could have instead enjoyed the mad gains made today
>mfw cucks on this board tell me to buy levered tech/FANG stocks
>mfw today happens
Feels good being balls deep in SQQQ though

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My entire life savings in AMD at $25, 3x margin.

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I think the double top meme is pretty damn weak in this case. probably the weakest single point one could make

why would you ever touch Activision or even EA if you were considering that too. It doesn't take more than a quick glance to see how out of touch they are. They're just running on inertia.

if it wasn't so risky to get into tech stuff right now, I'd just go all in into Microsoft instead. Always seems to be the black sheep in consoles, but I don't think many people realize what kind of monopoly they have on PC gaming with DirectX and Win10. In hindsight, Xbone's aim was probably to spread that to console gaming bit by bit too, with the console + PC combination.

add that to how fuckhuge PC gaming continues to grow compared to console gaming.

im not planning to buy microsoft though, I'm not entirely certain yet

Not yet fren, not yet. When it does I'm a sell out that spy put.

>2007-2008 crisis
>US and China save the world economy together
>~2020 crisis
>???????

ME SAVOR THE PAIN
THE ONLY THING THATS REAL

WHAT HAVE ME BECOME
AM OF EMPIRE OF DIRT

always glad to see some hearthstone

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That one faggot who shilled FNGU with smug anime pics probably killed himself today KEK

Poor Bud. He literally dindu nuffin
Also
TWO, NOTHING WROMG WITH ME

>super important test tomorrow
>cant stop to study because third impact is beginning

fugg

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It doesn't matter. In case you didn't realize. Today was predicted 30 years ago. It was manufactured, stocks are going to bleed for years on end. The money WILL be flowing into Bitcoin. This cannot be refuted.

Let the bodies hit the floor.
Let the bodies hit the floor.

poor kid. His original plan was to sell at 80 but he opted to hold to 100
now he's down 50%+

Yeah holy shit fuck that faggot. Anyone with anime reaction pics deserved this

>Nikkei 225

F

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is it just me or are corrections faster in general though? it used to take a lot longer for a 10% move but we've now had 2 this year that took less than 2 weeks. is this new algo etf shit or what?

Should I short JC Penny or Snapchat?

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Be nice to ratsu you fag >:[

So is this the dump they have all been talking about?
Are we gonna see a 50% dump?

you have to be full retard to buy into tech (especially FANG) at this point, desu
I considered buying into SQQQ a few weeks back, but I decided to wait until I reached a good point to close my current positions
Will hedge with utilities instead of going all in on small-cap biotech stocks once my GALT and VTGN positions close

I downloaded a few of his hat kid gifs
I found them annoying at first, but they grew on me

Your test is more important
You can see what's happening after you're done with it

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comfy did you just post you cat in ptg?

I find that studying makes me fail more, but I have (or maybe had) this weird autistic ability where if I wrote something down I’d remember it for months or years. In high school I took awesome notes but never reviewed them. I never brought homework home either. Failed two classes out of laziness and still graduated in the top 50 lel.

>The money WILL be flowing into Bitcoin
bad news user....

>>Should I short JC Penny or Snapchat?
yes

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Also is it too late to go balls deep into SDOW?

WHHHHAAAAATTT!?!?? ARE YOU FAGS TALKING SHIT ABOUT RATSU? HE WAS NICE.
I also like the Pop Team Epic guy even though he’s smug.

Nope... not too late for uvxy either

H-he’ll be okay right? He’s a resilient guy, and a great author... ;_;

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which is a better one to hold puts on? Im looking for a YOLO put

That FANGott is too ashamed to show up on this board today after his asshole got cheesewheeled

so is SQQQ a good investment now that we're entering a new depression?

This. Load up tomorrow for the bounce. Just make sure you arent left holding bags by Friday.

Ratsu always shilled not leveraging but then he went and levered himself. He deserves his loss desu

Going to 15 goyim... expect that margin call

>I find that studying makes me fail more, but I have (or maybe had) this weird autistic ability where if I wrote something down I’d remember it for months or years. In high school I took awesome notes but never reviewed them. I never brought homework home either. Failed two classes out of laziness and still graduated in the top 50 lel.
literally me, but college so its different now
i usually dont study and get strait c's, but machine design, this class is fucking me up, too much crap we wernt taught, not enough time to finish the tests...

i dont even know what I should or shouldnt put on my equation sheet, since cant fit everything ill need on one page

>>Your test is more important
>You can see what's happening after you're done with it
but i might be dead by then...

plus isnt now the best time to scalp crypto, since it can drop 5% in 30 seconds like it aint no thang?

>>which is a better one to hold puts on?
that one is a better buy

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Absolutely. Check all the indexes using weekly candlesticks. We’re looking at a February styled sell off. The Dow formed a double top with its Jan/Feb high and is now riding down the slope of hope

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Will he pick up?

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theres a few popuko posters, not just the one

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nah just investors are too rarted

you can (not) ignore the call

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>giving someone with a politics degree the position to manage the US financial policy

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>mfw when I react

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I say kill ‘em all

I know its the wrong thread, but oh shit, long term support might bottom out when china opens tonight...

we might be breaking the channel

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What is this? An image for pedophile ants?

>we might
Kek

>caring about bitcoin still

Yeah I might get fucked. My brokerage allows for 3x margin, and I'm holding in puts at $25 that are cash covered at 1/3, so I shouldn't get called unless I extend past that? I hope. Margin calculations are so fucking confusing when using options with questrade, my buying power swung $200k this week. Thankfully I do my own calculations to stay solvent, imagine a lot of guys got wiped this week.

>Bitcoin
who cares lmao

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>clicked the pic
was there something naughty you were hoping to see senpai?

It was my hedge since gold follows stocks more then a true hedge should

and I got a bank account for holding real cash-monies

breaking from its sideways sweet spot means something, even if it is more forex related than it is stock related

but it appears to be stock related

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>this class is fucking me up, too much crap we wernt taught, not enough time to finish the tests...
That sucks. Is this for engineering? I fucking suck at math and can barely into algebra. I’m pretty sure I have undiagnosed dyslexia for numbers.

Umm the image is literally 2kb I don't need to click it to know that it's a thumbnail sweetie

>US indexes crash
>Go into precious metals
>Metals stagnant and dipping lower
>Go into Bitcoins
>Bitcoin crashing

There are no safe havens anymore. You will be consumed. You cannot escape.

>HANG SENG literally IMPLODING

this tbqh
the idea that gold is a hedge is no longer true

OH NO NO NO

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NO MAN NO

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>bitcoin
>a hedge
nigger bitcoin provides no value, therefore it is the first thing to go in a true depression as people will sell off trying to live off of


a TRUE TRUE hedge will be something which provides value even as incomes go down

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see A safe haven will be something which has value even as income goes down

bonds are an example of this as the government will be unlikely to disappear during a depression (as long as it doesn't go bankrupt)

Utilities
No matter how bad the economy is, everyone will always need water, electricity, and garbage disposal

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TETHER UP LADS,
buy the crypto dip
Short SPY to hell.

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I didn't, but there are a lot of black cats ITT

>A safe haven will be something which has value even as income goes down

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