/smg/ - Stock Market General

MEGA BULL edition

>I'm new to the stock market, what stocks should I buy?
Before you buy anything, stop making the general with trips, 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:
calendar.google.com/calendar/[email protected]
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

past life of /smg/:

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All the SPY puts above the $262 strike price are like free money right here

Buy PCG

Commiefornia won’t let them fail

Inb4 pg&e gets a bailout next week, stock jumps by five to ten bucks overnight and bears get liquidated for shorting the bottom.

IT WAS OUR TURN

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This. Or wait a week or two to let it fall a bit more

>tfw when cute analyst gf to get gains with

THIS

MARKET

WANTS

HIGHER

I'm holding 100 shares, feels bretty comfy desu

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NO NO NO NO NOOOOOOOOOOO

THIS CAN'T BE HAPPENING

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First

Wait you actually found a broad that's responsible with her money? I thought those only existed in fairy tales.

aaaaaand we are back!

You are correct that CA will not let PG&E fail. That would be highly irresponsible because people need the power provided for by PG&E. However, CA will not let PG&E succeed, either. In CA, any fire started by electrical equipment is the fault of PG&E, even if PG&E could not have reasonably prevented it. So PG&E will go bankrupt every 10 years or so.

PG&E may eventually recover and resume dividends, but not for months or years.

please delete

kek
Call TDA customer service and ask her on a date

They want to let them fail, but enough people realize that you literally cant let the only electricty provider for half the state fail, break the power grid, and then have no recourse for paying back the people impacted by the fires. They also cant let a bunch of idiots take control of the grid by 'nationalizing' it just to spite the company, since that'd be a recipe for 10x worse wildfires with the state themselves being held liable next year.

>wait a week or two
They're going through bankruptcy procedures on the 28th. Enough people will realize what the jig is by then. I'd get in now, or at least set some limit orders. We'll probably test a $4 bottom at worst over the next week, assuming we havent tested the true bottom already. Then its largely just gonna move upward from there.

They can be a good stock for short-term and mid-term gains

>short term gains
the hedge funds are all busy selling a chuck of their holdings daily, there are no short term gains

ABIL trying to go higher. Wants to go to the moon

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They're also getting delisted from the S&P soon. A bunch of ETFs are going to sell their shares too

go all in bro

Bears are back in town, look at the price movement.

MDA pump incoming on Binance, look at the depth!

QLD and SSO lets go boys, 2x is the patrician leverage

keep up or get left behind with your boomer shit

I would say up until the 28th you could use PCG for some nice proft by shorting it then afterwards maybe buy it because i'm 95% sure commiefornia won't let it fall and it will quickly rebound

very boolish chart

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Let's get at er

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>leveraged ETFs instead of options

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vix bottom is getting higher and higher. get ready bullcucks.

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>only down $15 today on LCI
This is what making it feels like

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Why won't it let me borrow PGE stocks from Etrade and Fidelity? I am noob and trying to short help?

Just got done going through their financials and went through a very long process of DD (3 days)
I've decided to go all in, wish me luck!

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Check those spikes. Another is coming. get it now, wait for spike, dump your load

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>tfw missed the dip on amd even though I had it all planned out

I had a put option open on AMD to cover my buy at $19.00 just in case I was wrong.

I put in my order to buy at $19.03, but had insufficient funds and my fucking broker is dog shit enough to allow you to place orders like this in the first place. Then the order was rejected and didn't even state why.

Now I missed the dip, AND didn't sell my put options.

LOL

I'm in cash and shorted IQ at $17.75 bearnigger

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I'm prepared for sudden volatility in the upwards direction.

>IQ
rest in peace Calculated Gamble

me too!

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sometimes I like to put on a 220 Hz tone on repeat. its very calming.
is this autism?

They're protecting you from your own stupidity.

I would call you a retard but I just bet my entire life savings on MNGA

I hurt myself today.

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what's your favorite hz? 440 A? that's too high imo.

I'm glad to see this thread getting back into meme pump and dumps, we went boomer for about a year
>LCI
>MGNA
>other random shit
So happy, we're all going to make it

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Threadly reminder that companies who participate in share buy-backs and dividends are not your friends as they have given up on ideas of ways to grow their business through their working capital.

based and repilled

vix bounced off 18.2

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or they're trying to get cash away from chickenhead ceo's on frivolous projects

Based. SPYB is an index that tracks buy back stocks, and you can see it significantly under preform the overall market

Based and saved
I've seen people on here talking about 270 being long term resistance, maybe we'll see some volatility around that point

Lol fuck their buisness. They need to pay me my Cut of the crop or I walk

reminder to open an IRA for 2019
reminder you can still open an IRA for 2018 until April

I was getting real tired of this thread talking about lame boomer stocks and indexs.. Jesus Christ it's like every opened a brokerage account and started watching jim Cramer and reading seeking alpha thinking they are now masters of the market buying GE... incredible really

reminder hoarding the cash instead of distributing it to shareholders in the form of dividends is more tax efficient.

I don't give a fuck how the company is taxed, I need my divvy gibs you filthy communist
checked. admittedly most of my portfolio is still boomer, but adding memes is important

Dont care, just make the price go up, give me money

why are you holding bags? just take the optionspill and bet that basedbois wont sell their bags and dab on them.

Where is a good place to open one? No idea why I haven't done this yet.

based

maxing my 18 and 19 ROTHs soon, pure VTSAX. You got any issues with that if im in my mid 20s?

What was your conclusion after your DD? All of it seems absolutely garbage to me.

Yeah, nah. Fuck you, pay me.

Fiscally responsible women don’t exist.

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If they don't pay you the dividend they can use that money to make even more money. You're just going to blow it on trap hookers and cough syrup with codeine.

come on Colgate
move out of 62 this century

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>If they don't pay you the dividend they can use that money to make even more money.

Sounds like a them problem and not a me problem. Fuck you, pay me or you are gonna get cratered like GE.

vanguard is the classic among enthusiasts (RIP Bogle). fidelity if you want to go the boomercore route. your bank probably supports it if you just want convenience. always check expense ratios.
very fine if you're willing to accept the risk. keep in mind tax efficiency of your accounts though.

LCI STOP DUMPING FUGG

Just hopping in this thread to say YOU WILL MAKE IT. You just have to keep trying, keep improving, and be kind to yourself.

Making any money at all whatsoever is less tax efficient than making nothing.

Bogle was a massive faggot that cost 1000's of mutual fund managers hundreds of billions in fees over the years.

s

I have a buy order for 6.50

James Cordier is that you?

It's just a little pullback user

Nothing to worry about :^)

the great dump or banks faking us out?

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There's bullet proof glass resistance at the $262 and no real support level until we get down to the $210s

this is the beginning of the end user

i think Netflix is gonna moon and pump us
In 2015 the first correction had a 1 month that was double what we have experience so far, it could happen again and SPY goes to 280 this month

I wish I had ten times more money.

I wish you had ten times more money too user.

Suck my dick and I'll give you a tenner.

Thank you friend.

How much money do you have?

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im not sure what you mean by tax efficiency

isnt ROTH basically the best option every tax year up to the maximum for damn near everybody? I make sub 50k annually so i will pay low taxes on my contributions, and will be using more than I currently do per year in retirement. current < future pay means that ROTH is ideal yes?

News? All of my shit just lit up in an instant.

I wish equities values fall to one tenth the price they currently are now in the next two weeks.

Golden Bull Run

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WHAT'S HAPPENING

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nooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo

reeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

$32k

WTF JUST HAPPENED!!!!

Stock market is doing Bart's now. Lmao.

lets say you have a roth and a regular account.
your roth is the more tax efficient account, so put your most tax inefficient stuff there.

And by "shit" I mean long positions on well respected and responsible publicly traded companies

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Take the Yolo 420 meme stock pill:
SMG (official company of /smg/)
MRMD
ACB
IIPR
KSHB

Put these memes in your portfolio and smoke it :^)

TQQQ

Hey did ya'll see this shit? An autist on WSB managed to get a naked ~250K in box spreads on Robinhood. Robinhood once again setting themselves up for a lawsuit; the dumb fucks sent an email out (check for yours) declaring they closed box spreads due to undisclosed risks. And they closed his account and exited his position without his permission.

This is like when you could day trade options with a sub 25K account on their platform expect much, much worse

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WHAT THE FUCK ?!?!

L M A O