/smg/ - Stock Market General

What's a Fish's Favorite Day? 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

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 lean hogs:
theoptionsguide.com/lean-hogs-futures-buying.aspx

Biotech Catalyst Calendar:
biopharmcatalyst.com/calendars/fda-calendar

Suggested books:
pastebin.com/jgA5zTuC

Previous Thread

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Should I sell Ford at the bottom for rent money or will it recover?

1st for gangweed gamers rise up

What's going to be the best performing stock of 2019 and why is it LCI?

Fishy's favorite day is every day.

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I learned something today. Never trust your instincts and always, always take advice from anonymous people that you meet over the internet.

I FOMO'd in on LCI, I hope you guys didn't meme me

I'd probably go for the option that puts a roof over my head. Ford has a lot of big money betting on the call side right now at it's price. The put/call ratio is 0.39.

If you want to make $500, invest $1500 into LCI

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Neither. Trust math and you can't go wrong. But most you fuckers here want the easy way

I messed up, I meant least favorite day ;_;

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based gangweed bros. we're going to be rich

>Should I sell Ford at the bottom for rent money or will it recover?

TA wise I say hold for now. But you gotta pay rent.

I have other stocks to sell, but I'd rather sell something that doesn't pay back to me in the long term. I already made a mistake by selling GE.

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No memeing. It's gonna go higher from shorts having to buy. Could be erratic for a while tho.

#BEL
He didnt invest in African Safaris

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2 months ago I started investing. it has been a wild ride.

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You started in the middle of a crash so if you just hold out Youll be doing pretty well by spring time. even better by summer, few addictions by fall, in rehab by winter.
Enjoy partner

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

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You got in at a good time to learn
Especially if you have been cost averaging, not just buy all in at once

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I figure Ford will probably make its way back up to mid $9 range before seeing any meaningful resistance. That is if the indices stay flat or bullish in the mean time.

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G-good luck user...

I'm glad to see the funds from baggie transfer into mine.

Muh math!

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How much of that is your losses?

People are way too bullish we are due for a reversal back to mean. Seems like futures agree with me. Futures are red. We will retest December lows by end of month. Do not fall for this trap.

this *is* banks buying up oversold shares. there's no reason to drop lower.

your portfolio looks like a bubble

They're not bullish enough.

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>Seems like futures agree with me. Futures are red.

Futures were red yesterday too.

well I'll be deducting >revenue per tax payer

We're definitely due for at least a few solid red days. The daily price action for the last 11 days has been unusually bullish--there's normally a few more red bars in the mix on the way up.

Got a $1000 one year ride from AMZN

Sold half my crap in September though, and now hoping to buy the next huge AMZN dip, if they drop enough

AMZN was over 33% of my portfolio, and the gains we're good
But the liquidity from selling it has been comfy, and now I don't have a single stock that can rise or fall $100 in a day, so that's nice

Time will tell if selling it was a good idea to drop or not

Also lost a good $100 or so from cryy in September too

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>cryy
crypto

damn phone posting

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They have to prop it up one more day because I went all in with more shorts at the bell.

The rise on this side of the V pattern is just a reflection of the rapid fall on the red side. Lots of gaps in there with thin resistance built up on the way down. I expect more consolidation and twitchiness around the $2630-$2700 range.

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>just noticed my peak was 363 days ago

Wow that's depressing

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You should diversify into cargo pants and speedos.

I'm tempted to get SPY puts ending next Friday. Next week is earning and I cannot imagine they will be all to good. I think everyone knows earnings will be sub par so I am uncertain if it is baked in already.

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AHHH FUTURES ARE DOWN .13%
SELL SELL SELL

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If you were doing that, I'd go with longer dated puts or a put ratio backspread. Short dated options have toxic amounts of theta, but they're not worth selling because you'd get toxic amounts of gamma instead.

holy shit week 3 could be brutal

also friendly reminder that AMZN reports after hours Jan. 31

so expect to begin feburary with some big movement (ill let you speculate what direction)

anyone got good gmail name ideas so that i can revive the stickerbitch memes and dreams calendar with?
im not going to use my real gmail to do it

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If I went next week it would be on the pray that banks somehow missed earnings. I might just put my money into things like KO that don't move much or sit in cash.

NO NO NO NO NO NO

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I think companies like AMZN or ones that do most business online will be okay. America is lazy and everyone gets everything shipped to their house it seems.

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Ahhh, earnings season. The degenerate gambler's holidays. I'm actually bullish on a few things. Specifically McDonald's and telecoms.

jesus kid, 1st rule of /smg/ is don't fall for the bullshit stock memes

reminder that this is the guy who started the LCI meme

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I think B&M stores are going to have it rough.

No idea why anyone would buy a meme stock on smg

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It's at 2 cents now KEK

Matters little when the short squeeze thesis is solid.

lol

Serious discussion time. How do you think the banks earnings are going turn out? It's what will make or break the market.

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>fuggin didnt buy amrn at $14 but got all the other memestocks
>mfw AMRN today
>mfw when pfizer buys them out and i still dont have AMRN
>fug

Filtered

I have no idea to be honest. I just think if the banks come up short on earnings it will have a lot more negative impact than other sectors.

The VIX is under 20 for the 1st time in awhile.

what utility stocks are you all looking at in case of a volatile or bear 2019?

any thoughts on WTR, AWK, AEE, D, PPL?

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For me, its NAK

>NAK
It's 60 cents a share....

my dad works for Nintendo he said it will be $400 by February

KO is pretty reliant when tech and everything else sells off. They have divvies as well. I notice when other sectors sell off KO and other stocks like it tend to go up a little.

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What the FUCK is up with nvax? Is this what stock manipulation looks like?

WTR, AWK, WM

I like water companies, and both WTR and AWK are attractive options
AWK is the dominant player in the US water utility industry, and WTR is the closest second by size
Buy AWK if you want to buy a behemoth that's very well-established, and buy WTR if you want a company that's large, but also growing more quickly than AWK

KO is a consumer staple, not a utility

The Vix being where it is means that the rout of December is over. Its time to cautiously accumulate shorts for the remainder of the month. The Dow and the nasdaq is going to make up 50% of what it lost, and then it's gonna go sideways until capitulation.

Next dummy spit is brexit or fed rate hikes.

We won't go above October 1st levels again for a long time.

Would Robinhood be good for US trades for ukfag? Am I even able to use the app

>tfw £11.95 per trade with hl

Yeah I have KO, but was more curious about simple I-gotta-pay-the-bills tickers. I get that KO is steady but it isnt a utility. Looking for Gas, Electric, Water. Especially ones with good entry points, which is why im waiting to get back into AEE, but am buying alot of WTR.

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For me, DRYS will always be queen

Interactive Brokers is your best option

Probably won't pump until it is middle February at this point. People will keep it down and accumulate until then. RSV phase 3 results are coming out around then.

in your expert opinion, why has the market turned bullish?

That's why you'll never make it Comfy

American only, there's Eueo brokers that have very cheap commissions though.
>11.95 per trade
Yikes

I have been watching WM, seems ridiculously steady, should have bought it in December :(

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>mfw i thought they were slowly making it back up and i see your post

fuck

because there was no real macroeconomical reason for it to be bearish in the first place
the entire correction was based on fear

Cause more people are buying than selling

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Everyone in the world was bearish for a mild slowdown in economic numbers

largest ever retail outflows from stocks

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Oversold. Realized that the situation isn't as bad as initially surmised. Panic is over for now.

It will go sideways and slightly up til Trump ends the trade war. Fed situation is good for now.

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XEL

weak ass volume no thanks.

AMRN is rising! At this rate by friday close I'll be sitting on 1K profit. Talk is there is a buyout rumor in the works. The company who's interested, they're stock is going for $42 at the moment. Even more Profit in the wings if this happens.

Praise AMRN! Start Praying NOW! Mega Profit is at stake!

>Talk is there is a buyout rumor in the works
>The company who's interested, they're stock is going for $42 at the moment

I'm neutral on AMRN, but I will say that you don't seem to know very much about the biotech industry
If AMRN goes well for you, don't go buying into other ones randomly based solely on hype without knowing what separates a good biotech stock from a bad one beforehand

everyone knows its pfizer, why didnt you just say pfizer?

applying now thanks

nice, not to be confused with pepco/excelon

I will check it out

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Natural gas appears to be coiling up for a push off the lows.

He's right though. However, the fear wasn't about a potential crash (outside of the doomer contingent). It was fear that the relatively strong economy could not endure the rapid rate hikes by the fed. Fear that the fed was behaving irrationally + the trade negotiation situation providing kindling to the uncertainty.

Now I'm not saying the indices won't/can't eventually drop down to 2018 low this year. The fear remains and a couple sufficiently bearish news events could easily snap the current rally in half. I'm keeping my stop losses tight until government shutdown ends and some kind of China deal gets hashed out.

You're edgy asf when you add the image to feel wise,peasant.

welcome to europe. insane fees for brokers

Yes! if this deal happens say cash or stock swap, at $42 per share offer that means I'd make $2100 in Profit. Bag Amazon on the dip for $1600, put the remainder in the bank. Then when Amazon climbs to 2K or more, sell for even more Profit. or maybe hold Amazon for a while, see if it hits 3K. Be sweet. at 3K profit I'd have made back my whole portfolio amount. The remaining stocks would then be gravy, to keep or sell as I see fit.

I believe the word you were looking for was Plebian.

this is the only correct answer:

Nothing edgy about my boy Marcus.

But I may just take the Profit and run. Deal or no Deal. If the AMRN stock hits 23 range that would give me $1150 ballpark. If it hits 30 the profit hits $1500. The average price I paid for my 50 shares was just slightly over 13 per

Rebound is imminent

>Natural gas appears to be coiling up for a push off the lows.

Pic related. Futures chart. I know this thread doesn't follow energy sector all that closely but the gist is nat gas prices got a little crazy back in November. Had equally crazy sell off and now settling in around short/medium term mean support level.

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"Stocks in a Cash account requires your Liquid Net Worth to be at least GBP 15,637"

Fuck IB

Rumors that Ruth bader Ginsburg will resign soon.

This might help the market. Supreme Court infighting means less time to fuck everything up otherwise.

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F
IB is the cheapest broker I know of for Euros, can't help you