/smg/ - Stock Market General

just hold as long as your companies have sound fundamentals 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

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

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

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

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:

shortvolumes.com/?t=IQ
nasdaq.com/symbol/bzun/short-interest
youtube.com/watch?v=G567YbonYGs
twitter.com/NSFWRedditVideo

First for Electronic Arts

>just hold as long as your companies have sound fundamentals
Should be renamed to: Shit advice from a tripfag edition. Don't marry your stocks. Eliminate your drawdowns, anons.

>holding is shit advice

you're going to get absolutely fucked over the long run, my man
enjoy this downturn while it lasts

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China is flying so far green tonight.

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first for neet

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unless you are a master day trader with lots of capital.. good luck.. you're going to find your self cutting off all your "drawdowns" and your portfolio is going to be in a "drawdown" all the time for always realizing losses... but hey.. keep watching your youtube videos.. keep up the good work.

the real shit is holding a base position in a stock that you never sell and using leverage to scalp swings because you autistically stalk the company.

Stay poor fagboy

>Tell anons to reduce drawdowns
>The two bonobos with their biggest holdings in biopharma tell me im wrong
Why am I not surprised.

This is the correct play. Good job user.

Is silver deded?

>sell when your stocks are going down, regardless of if those stocks are going down for a reason or if they're just going down on natural market fluctuation

this is a good strategy in a bear market, but in a bull market, all you're doing is locking in losses from positions that would go back up if you had just held
the stock market is invariably bullish in the long term, bear markets are just intermediate term interruptions

t. only owns one stock (KO)
you can act smug now while the market is shitting itself, but this won't last forever, and you'll see the error in your approach eventually

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All this because they said they were communicating. Truly amazing.

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the only thing i ever sold at a loss. how do i into PMs?

IIPR

>The two bonobos with their biggest holdings in biopharma
umm.. whoever said my biggest holding is in biopharma?

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you seem to assume that the stock market will always act like it has recently because you started trading recently and this is all you know so far
you're wrong, though
in a bull market, your investment philosophy will fuck you over unless you get a lot better than you likely are at technical analysis (mostly important in the short term, which appears to be the only thing you're concerned with)

>the real shit is holding a base position in a stock that you never sell and using leverage to scalp swings because you autistically stalk the company.

user shush! That's the secret special trick.

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based

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i guess i shouldn't start talking about how DRIP is a waste of the utility value of cash then either?

my portfolio is weighted heavily into volatile stocks because I'm young (20), I don't invest money I can't afford to lose, and my portfolio is fairly small
if my main concern was saving money, I would be weighted mainly into safer stocks like utilities and consumer staples

Nothing wrong with volatile stocks. But when you literally burn money by buying +100 shares of memestocks, that's just kinda dumb. Like I said previously, I hope it works out for you. But companies like GALT are unironically trashtier investments.

SSSSSHHHHHHHHHHHHHHH STAHP GIVING AWAY THE SECRETS

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the table of wealth has 3 legs

robinhood just hired a Amazon vet of 20 years to be their CFO for their upcoming IPO


also crypto is shooting up, great for scalping

>AMZN and LMT are also partnering up

damn life is good

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golden bull effect

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>two dubs in a row
>green ID's

golden bull erect

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god damn it mastercard, pull yourself back up

Don't take the bait

>small-cap biotech companies are bad investments because I don't understand them

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Are there businesses that buy apes? Are apes a natural resource?

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Probably not (public companies, anyways). But there are apes who buy businesses.

Sell them under the table to small-cap biotechs

it is too late, the bait has already been taken

>CERU muh nigga

>wanting to invest in an animal that cant even pass the mirror test

invest in crows instead you noob

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pls be the return of the bull. This correction was too long.

Orangutans are undervalued desu

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How many bags are you holding my man?

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I'm sorry anons. But you know it is what I must do. Prepare for the 10 year bear market while you still have the capital to participate.

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the bubble is popping, everyone knows it but is in denial.

>TBRA muh nigga
>GILD muh nigga
>ILMN muh nigga

I thought this nigga was chained to the docks when I saw this.

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>there are people who actually think we are about to depression

there have so many over the years, but CERU will always have a special place in my heart

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LEVERAGE!
Above related!

If you already have that much debt, but can still invest in the risk, I would invest in the risk personally.
It's always said that risk leads to reward.
That's what rings true to me.

what do you mean by this

i have no debt personally and am just buying allt he shit i can, wish i was working more so i could buy even more tbqh

>How many bags are you holding my man?

Oh, i'm fine in that regard. It's just less fun to trade in this limbo between resumption of bullish trend or extended bear market. I can't get anything going the way I'd like so i'm hedging a lot. In full bear or full bull I can short or long, respectively, with less uncertainty and quicker turnover on my swing trades.

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No debt?
No credit cards? No auto loans? No mortgages?
What I mean specifically is leveraging a margin account in a brokerage to buy many shares in much stock.
It sounds like a confident strategy in any times of loss, growth, volatility.
My understanding is to believe that taking leverage will allow a person to have more opportunity towards larger rewards.
The thing is, a person has many options available to fund a brokerage account beyond a simple margin brokerage account. Taking debt on to provide capital that way has more risks, but if someone takes a mortgage on a $1,000,000 home and can buy 1,000 shares of Amazon, maybe 500, not sure, well that is a lot of shares of Amazon to own in a quick instant.
If Amazon's price moved more than my comfortable limit, up or down, I would sell fast, move somewhere else, and diversify.
Maybe buy about 10 oz. of gold.

Leverage is a great way to lose everything you own. And the fastest way too.

You can plan revenue in stable markets that accurately? Enough to pay rent and utilities?
What?
It sure is. That is very true.

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how loose are is the leverage outside of Robinhood? I only get 1x my account and thats more than i'm willing to use on one stock.

Outside of robinhood? It largely depends on your broker and what markets you invest in. Most stockbrokers generally offer 4 to 5 times leverage, but shit like forex can take you up to 1000 (read, one thousand) leverage. Fucking insane.

what about using leverage to get a ton of short term options?

only alpha chads use max leverage to day trade triple ETF options (after getting a fourth mortgage on their house of course)

you should forex, currency brokers give you 1000x leverage

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So there are 5 main "triggers" I'm keeping my eye on to exit before any significant crash:

>Bid-Ask Spread increasing
>SOFR / LIBOR suddenly spiking
>Yield Inversion
>HY Corporate Bond CDSs spiking
>Inflation hitting 4-5%

All coupled with keeping an eye on the Fed's actions and rationales each quarter. Am I missing anything? I'm most moved by metrics that can asses liquidity. Once I see 3/5 of those signals light up, I'd give the market up to a year before it over corrects.

you should keep an eye on black swans too

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Buffett-sama has some great quotes on this.

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>You can plan revenue in stable markets that accurately?

Over the past four years seen i've been trading, my gains have largely been made during either some of the drop of a bearish trend (like shorting the most of the big hump in 2016) or aggressively chasing small cap spikes in the bull run since then prior to February's dump (battery metals and then weed). As in 2016, I did the worst during the spastic nature of the markets coming off the low.

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based and buffetpilled.

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Is the corporate debt bubble too obvious to be considered a black swan?

thats not what mine says

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Does anyone here correlate their gains and losses to their drug use?
If you smoke a bowl of some of the kindest bud you've seen,
do you still buy stock?
Alcohol is always one I'd consider.

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shouldnt matter unless the 10ryr/corporate credit spread jumps up to like 3-4

Yes, black swans are specifically things that you can't see coming, often because people think they're impossible. They're the unknown unknowns.

>corporate debt bubble
is this why commercial and industrial capital funds have been doing so good?

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if you can predict it then its not a black swan, so no


Jow Forumsing the one where he shows a female the "company policy"

LSD is best for making long term holding decisions, truly transcendent tier, the very best for building a long term portfolio

weed is good for preventing panic selling, because you stop giving a fuck

alcohol is good for losing money

adderall is good for daytrading and TA, and so were bathsalts

mushrooms make it impossible to trade anything at all

not sure about any other drugs

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Here, in pic related the circled section (pretty well all of 2016), that period of time was a fucking shit show for the markets. So much uncertainty, supports melting like paper for no reason, then recovering a week later; reverse barts, essentially. Barts in both directions, very hard to predict back then.

I dunno. I need to figure out a strategy specific to this type of limbo market period. Probably a lot more of this to come in the next 10 years.

the chart

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HE'S UNSTOPPABLE.

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NICE

Pic related.
>Shrooms
I don't know how you can log in.

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Hey LCIguy can I get a quick take, this stuff is usually what you talk about.

shortvolumes.com/?t=IQ

My only thought is that on a reversal that shorts covering could pump it close to 30's.

are you looking for a squeeze? could get a small one.. You want high short interest, low short ratio... buuutt.. it looks like there is a lot of shares outstanding.. don't know if those shares are ready to sell or not.. would have to read the filings.. i usually look for float and outstanding to be pretty stagnant for awhile.. Also i don't usually go by the daily volumes on shorts..

i think 30s is a little high for that market cap on
a short squeeze.. but maybe around 25 to that resistance than after that i think shorts will wait it out and at that point it's just retail trading and new shorts piling in... but you never know...

I see, I guess BZUN has a lower volume and higher short interest.. Gonna ride it out anyway.

exactly

the egodeath and perception overload on LSD make it truly the best when you want to "see through the bullshit" as cliche as it sounds

the loss of self and loss of abstract thought with shrooms make it so you dont even know what "you" is, you cant even tie your shoes, not to mention understand the concept of "money" or "business" when its good

pic almost related

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>sports crowd poster
It's good to see you, my friend!

nasdaq.com/symbol/bzun/short-interest

interesting.. they have more shares short than their float. I'm going to look more into this...

I don't worry about volume too much.. when shorts start to pile in the volume usually spikes

I'm here basically every day

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Best of luck guy, I've traded BZUN off and on for close to a year and it moves faster than most, both ways.

Hell Yeah!
I played $4 on scratch offs, and I won $1.
I don't know if Russia or Chinese play the scratch off lottery, but it can net about $10 or $100 in pocket quickly.
It's legal gambling.

Someone told me I am ruining the moment.

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it has a beta of 3.7?!? damn.. thats high.. i'm gunna watch it

Its one of the best of the ADRs, if shit goes well it could run 20 bucks in December.

Sidenote, everyone watch for Powell today, its gonna be a huge influence for the rest of the week.

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>day of reckoning
appropriate filename. Here's to the quantitative tightening tomorrow, lads.

I think those automobile manufacturing numbers will go up, but the buying numbers won't keep pace. They will need to hold back on the automobile numbers while the buying numbers catch up.

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>bible poster is sports poster
unironically mind blowing

How high will NVDA go?

Honest to God, I didn't expect it to close even higher. The chinks are spinning it as the trade war will "most likely" be resolved; way more positive about it than we are. Could be a maneuver to boost how their economy looks in the wake of Trumps strong-arm tactics so its not worth looking too deep into, but it does give off a certain vibe.

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analysts have about 200 average or so.
More concerned with what the market is going to do I expect 1 more major dip. It will scare everyone from buying the dip or planning on which nice company to buy.

I don't see that on the table. With China and Powell its quite simply up or down at this point, at least for the next couple months.

Good morning /smg/
Euro futures green, also weather has cleared and there's snow on the mountains so it's not so bad.

youtube.com/watch?v=G567YbonYGs

Old news but if your making any short term (1-2 month) trades not watching this would be retarded. This is our current China posturing,

WHY IS EVERYTHING GREEN I WAS PROMISED A CRASH

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lol never knew that before?

im in easily 4/5 threads a day

you might be surprised ;)

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based bible poster

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Listen to what I've been saying. Positive China sentiment is powerful right now, and people are hopeful about the Fed..

Until someone spills the spaghetti this week could actually be pretty good. Powell could even go forward with December hike but plan less next year for a neutral overall result.

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Because the world hate bobos.

I'm kinda betting on brexit deal to fail and stocks taking a dump for that. However, Italy came back to reason and that was my main fear.

GE is still gonna tank, right?

If we had to rate impact on our markets with a numeral for the next month.
China 5
Fed 4
Brexit 2

Never gonna get anywhere if you're not in crypto, pussy. The old boomer fucks in this thread will tell you otherwise, because they NEED people our age to buy their bags so they make money. Then you have to sell it off to the next generation. Good luck with that.

If Steel tariffs don't go down ya sure. Then again we could obliterate tariffs but Donald could hold a grudge and fuck them in particular out of spite.