/smg/ - Stock Market General

When is the trade deal happening?

>5% gains in the S&P
Trump's pumping the stock market so he won't lose in 2020. We're gonna keep going up each quarter by 5%.

A month or more. You'll hear about it

every weekday for the next 3 years

chicken is terrible to grind, it shreads, it doesnt look like ground meat no matter how you grind it, which is why many places wont even bother trying to sell it (despite what anyone says, 99% of customers shop with their eyes)

i worked at a small local grocery store, and i hated when people would ask for ground chicken, because it means spending 20 cleaning the damn grinder after you spend 5 minutes preparing $8 worth of food (at most, usually it was not even $2 worth of chicken)

you can just get a small meat grinder for home use, and shred your chicken at home (CLEAN THAT SHIT AFTER EVERY SINGLE BATCH THOUGH, chicken is the absolute worst meat for bacteria, frozen fish doesnt even get you as sick when cross contaminated as chicken)

as an added bonus, you can make delicious sammich spread at home with various meats, to prolong shelf life

im dead serious though, if you use a grinder for chicken (uncooked chicken) and you dont wash it within an hour, then you need to soak that shit in bleach overnight, or torch the grinder in an oven for a few hours, because you will get more sick from chicken contaminating other food than if you had just sucked some shit out of a dirty prostitutes leaky asshole

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Then why don't people just max their 401k at the start of the year, and not put anything in it for the last 6+ months of the year?

Lots of fuding this weekend on the finance news sites.
finance.yahoo.com/news/whoever-behind-stock-market-rally-140646372.html

Dialing back my bullishness. Although if hedgies already sold two weeks ago, they're not gonna drag us down as much this week, presenting an opportunity. Also if sentiment is beating hedgies, that could also be real good sign that we're going high short term.

Irrational bullishness may be more of a selloff signal. Things seem to be calming down and everyone is concerned with yield curve and China. Could be good for stability.

Boom. Fucking demolished. Could you honestly write a more convincing rant than this, /smg/?

I'm sure you fuckers don't appreciate this, but I know some overpaid asshat at Google has to figure out what the fuck to make of this

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Irrational bullishness is great for short term options, if futures pumps the S&P my calls are gonna open 100-200%.
There's definitely no way I'm longing anything.

Russel 2000 still hasn't recovered from decemeber, could be a nice opportunity there.

Tell me about it
My MVALX still hasn’t recovered

>There's definitely no way I'm investing long term in companies that demonstrate strong growth and resilience.

I fundamentally do not believe in America's longevity.

how do you guys stomach buying options? i know most people don't execute and just sell when it's profitable, but there's a chance it doesn't become profitable before expiry. how do i become a degenerate gambler? i can't shake this mindset yet because i don't have enough cash to blow to lose hundreds to thousands nonchalantly.

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ATM is basically just buying an amount of shares that you usually couldn't afford to buy with a limited amount of time you can hold those shares.
I cant afford to buy 1000 shares of Apple, but I can afford to buy 100 contracts to buy apple. If Apple increases by 1 dollar, I can sell those contracts for the relatively same amount of money I would make if I had bought 1000 shares.

OTM is more gamblish, betting on a stock's increase with a chance of the options expiring worthless if your predictions are wrong.

NEON

NTGN

VYR

PLUG

LYFT

>i can't shake this mindset yet because i don't have enough cash to blow to lose hundreds to thousands nonchalantly.

I think this week I lost 900 selling options at a loss, but made 1900 in profit. My max risk was ~2500.

The most degenerate gambling I do is buying a couple hundred dollars in biotech options for 0.05-0.10 before catalysts and just wait and see. Hit a 2500% return on one of them last week.

>NEON & Neon Therapeutics

Did you not know which was which and bought one of them by accident?

no

i bought both because they are money makers

youtube.com/watch?v=bSXJATcC2dI

is this legit? what are the downsides?

what if the price goes up? will i have to close the position? how long will i have to close the position if all goes according to plan?

Anyone use one of those robo advisors with auto tax loss harvesting?

College is a big joke anymore. The value is about gone unless your wanting some high brainy type job (scientist, physicist,etc).

You go, 4 years later tossed out neck deep in debt, that framed paper degree you busted your ass over gets tossed in a box never seen again once you land your first job. HR Types don't even bat an eye anymore when you say "I'm a college grad" on the application form.

Again; you bust your ass for a piece of paper that winds up in a dusty box.

Go to community college

Nah, I don't need it. I'm pretty set in my current job. Doing pretty good to despite not having any college degree to my name. Hell with the spread of Online College now you could just get a fake degree w/transcript and long as you showed a bit of common sense and know how about the job in question you'd never get caught.

>HR Types don't even bat an eye anymore when you say "I'm a college grad" on the application form.
That's because it has become an expectation for white collar jobs -- "of course you have a college degree... (because you wouldn't even be here if you didn't)"

It depends on the online college.
Georgia Tech does have a solid online master's program, supposedly

I feel like the social benefits of college are the only important thing to experience. I didn't go to college but now I'm going to community/online college, but I really feel like I missed out on some normie experiences. Making friends seems impossible at this point in my life, since it just doesn't happen organically anymore and everyone already has existing college friend circles.

>I thought what I'd was, I'd pretend I was one of those perma-bulls

>Or should I?

You won’t have to have any goddamn stupid useless conversations with anybody at least.

Also I can’t host movie night tonight, and comfy is nowhere to be seen. Typical

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Of you don’t get the degree and have those people skills polished, you’re gonna be shining shoes or valeting cars. Trust me, I’m just cobbling together my life now after finding that out the hard way.

>I feel like the social benefits of college are the only important thing to experience.
it is pretty important.. the only reason I got into stocks is because i was bored and went to school. Since meeting that person that got me into stocks i've got a business that deals with small publicly traded companies.. all because I went to school.

>College is a big joke anymore
It is kinda a joke.. I don't think people should really go full time to college unless they are pursuing something they are either passionate about or that demands a lot of schooling. I think work is more important. Imo majority of people should work full time and school part time.. unless of course they are going to college for some really special shit then they should focus entirely on school.. but lets face it.. most people go to school for stupid ass degrees then complain about them afterwards.

>movie night is officially dead this weekend

disappointing

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if you want friends you should first try not being a self-depreciating sad fuck

>movie night am dead

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My public-facing personality is a usually obnoxiously cheerful or mirror image of my conversation partner's own mood/manner.
But I'm dead inside.

New to stocks (but not crypto) I dont really want to day trade or anything, but my funds are going to be low (~1000$) what is my best bet? I want to buy some of the recommends here such as big dividend ones, pharma, maybe gold stocks etc. What is the best broker? I know people recommend RH but I dont like the idea of using my phone, would prefer my computer. Any good broker with zero fees (and access to otc etc.?)

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Torn between these. Convince me which one is best to invest in right now.

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I’ll get it next week, but my dad is back in town so I’m hanging out with him. I might even torrent Air Bud...

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yay air bud

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My thought process is AMD now until computex, then dump, then pick up blizz just in time for wow classic launch, the dump, then pick up AT&T for the foreseeable future as the 5g infrastructure meme could become a reality.

AMD. When crypto is pumping again, and that's good for GPU/CPU sales.

Most brokers have a phone app and web portal including RH.
AMD options in 33s have some of the highest implied volatility on the market. Could be a good signal that people are eyeing a breakout

But Crypto isn't even mined with gpus anymore right? Or is that only late stage Cryptos such as btc?

are there any charts that include dividend reinvestments?

me too, you should embrace it though

>going on a date with a cutie with dyed hair, tattoos, and piercings whos 5 years younger than me tomorrow
being dead inside can be a huge advantage if you use with the right leverage

it can lead to wonderful, awful, glorious things

>but my funds are going to be low (~1000$) what is my best bet?
SPY, DIA, QQQ, IWD if you are a uber noob (SPY and DIA if you cannot afford one of each)

some better stocks are SMG, WM, LMT, HON, AMZN, but if you are financially illiterate, than you might want to wait, or just watch those at first
>I want to buy some of the recommends here such as big dividend ones, pharma, maybe gold stocks etc. What is the best broker? I know people recommend RH but I dont like the idea of using my phone, would prefer my computer.
RH works on computer too (anything that works with a web browser). you can get an android emulator for pc to run the robinhood app if you wanted too
Any good broker with zero fees (and access to otc etc.?)
not besides Robinhood, so pick your poison: paying $5+ a trade, or being forced to use limit orders on an app with bad graphs

protip: just use something else besides robinhood to check stock prices

do a throwback, The Big Lebowski

or we can finally fucking watch Wallstreet if comfy is done being tsunder for bigplaneslci

microsoft Excel is a good one

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>me too, you should embrace it though
I literally cannot, my body unconsciously forces a smile and faux interest. Curse evolution and the adaptations that ensure my survival within communally driven societies.

Although I've noticed the bigger my gains are that week, the less my brain forces this behavior. It's probably a subconscious equation where I'm assigning survival value to being seen favorably in the eyes of society, then weighing it against the actual dollars i make,
aahhh I just want to be rich enough to be an asshole.

>I feel like the social benefits of college are the only important thing to experience.
A lot of the people that I referred to the companies that I've worked at full-time have been college friends, and as soon as I came to Seattle, the first people that I've tried to hang out with have been college friends.

Otherwise, a lot of the shit that I've done on the job have kind of been shit that I've picked up on my own.
Aside from those networking opportunities, college seems like it has primarily been just a very long, drawn-out test of whether or not you'd be able to handle your shit in the industry that your major is intended for and pick things up.

>but I really feel like I missed out on some normie experiences.
What you missed out on are commonalities (common courses at the college required for graduation and common places that people would hang out) and bonding experiences (such as hazing for a fraternity).

>Making friends seems impossible at this point in my life, since it just doesn't happen organically anymore and everyone already has existing college friend circles.
A lot of the people that I've referred to my new workplace have been people that I enjoyed/tolerated working with at my previous company.
Was there a chill dude that you enjoyed working with at McDonald's? When you switch to working at Chipotle, you might try to bring him over.

>>I literally cannot, my body unconsciously forces a smile and faux interest.
thats what im talking about you scrub

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Robinhood has a website.
At least for a while, that website had some features that the phone app didn't

Do the mods still insta-ban any posts with RKG set as the name?

Blizzard just had a fuck ton of lay-offs
AMD is lame and cyclical
T apparently owns fucking crunchyroll. I think they own the yahoo website too and a bunch of other small-fry shit like fucking tumblr.

you've been hitting a home run with those pics, fren

hows that Jow Forums+++ but not just Jow Forums overlay/extra extension going?

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T is based investment for boomers and zoomers. This is the one that you'll be happy you bought in 2025 when the market sees doooooooooom

>hows that Jow Forums+++ but not just Jow Forums overlay/extra extension going?
oh shit, I forgot about that.
I have too many fucking ideas, dude. I got other shit to do tonight too, like taxes, but I'm way to lazy to do that either

as much as I fucking hate this guy and the type of investing... i think he is absolutely right about FB

youtube.com/watch?v=bRyassSex7Q

June 4 1989 tiananmen square

I do not understand.
There is nothing remarkable about the statement that you have made.

somebody fucking respond

>synthetically short a stock with options (put options)
>Babby's first options market
Okay, I didn't watch the whole thing and maybe he math'd this shit out more than that you can simply do a synthetic short with put options, but yeah, that's a thing you can do.

>is this legit?
Yup. Just like how you can go long with bare call options, you can go short with put options.
>what are the downsides?
Well, first of all, there's theta decay.
Second, you're trying to short the fucking market, which rarely makes money.

>what if the price goes up? will i have to close the position? how long will i have to close the position if all goes according to plan?
Well, if you're just buying options, then you'd never be forced to close your position unless you somehow managed to buy options on margin.
Following, the actual instructions from the video, which I don't think you even fucking watched, you might actually be forced to close your position if you actually do literally sell a fucking naked option.

The guy in the video explains exactly what the risks are, user. Your questions are just basic options trading. Recommend you thoroughly understand how options work and how they move before attempting this type of trade.

theoptionsguide.com/option-trading-strategies.aspx

>these are the people you share a board with
learn to read you fucking nigger, you are asking things that are covered in the first 2 videos on introduction to options in the OP. Idiots like you are begging to lose all your money playing with things your IQ is too low to comprehend.

>Idiots like you are begging to lose all your money
it's more fun to just tell them how to fire that loaded gun in their hand.
At least a few times now, there's been a dude that comes in holding bags or looking to make cash a little quicker than SPY/QQQ, and I just point them at SPXL.
We've all been there.
Were we smart enough the first time around? Almost nobody was.
Some lessons simply need to be learned the hard way.

>learn to read
this needs some more reinforcement for sure though.
He hardly even watched the fucking video he posted

24 hours 24 hours

all the news stories I can see are super cheerful
cnn.com/2019/04/05/investing/stock-market-ahead/index.html

markets keep pushing up
no way they could go down this year
for sure things will be steady and upward today, this week, this month

straight through ATH and then 5%, 10%, 20% beyond

everything is 100% great
bears are fools who don't understand anything
don't miss out on these great, certain gains that 2019 will offer!

based Drumpf is going to pamp zee market with QE

>guys my Dopamine system isn't irretriveably fucked help
If it doesn't agree with your brain don't fucking do it.

>QE
[SUSTAINED SWEARING]
QE should be regulated like Heroin.

boomer pensions and retirement funds are second only to Israel in the US Government priority list
how could it go any other way?
maybe the market will continue to rise on it's own; but if not, it will be made to rise

up up up

IT DIDN'T HAVE TO BE THIS WAAAAAYY
FUKKKK
Just imagine where we'd be today if the Fed hadn't QE'd us into this mess for the last 12 years.
What we could've had accomplished.
The sheer level of innovation and growth we'd have now.
The wages. The costs of living.

FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUCCCKKKKKKK

no no no
that would be to hard
if the government and federal reserve can't explore new and unconstrained monetary strategies, what will they do to pass the time?
all of the old growth of the economy in the past was a lie.
QE is the truth, the real economic growth
join us
put those silly childish thoughts out of your head.
remember
1. Israel
2. Boomer retirement funds

nothing else is real. nothing else is the truth

We aren't going to make it, are we?

Just stuck all alone in our small apartments being a wagie.

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>Was there a chill dude that you enjoyed working with at McDonald's? When you switch to working at Chipotle, you might try to bring him over.
My coworkers include and are limited to a single Jewish rightwing boomer and his thai illegal immagrant girlfriend that can barely speak engrish.

Just buy a house?
still alone, and my house is too big for just me
but at least I'm not paying rent :)

>Puts - limited upside
>Calls - infinite upside
>2008 - once in a 100 year market event
>December correction - once every 5-10 year market event

Stop buying puts on US markets, it doesn’t make sense statistically. I usually tell people that the world’s only good bear market is Japan but those days are coming to an end.

Puts are really only good to hedge your calls. Buy some puts as we struggle against ATH just in case we fly down to the 270s because of the precedent set by the previous ATH.

A house is more money than $600 a month.

Why is your bed so small? Are you a fucking hobbit?

Hey that actually looks pretty com-oh wait that's the entire apartment not just the bedroom isn't it?

It isn't my apartment. Just saw it in my apartment search in the Pittsburgh area.

$600 a month, not bad.
but if you can get a house with a nice loan, under 4% fixed interest, you're basically paying yourself.
If I could have rented in my area for 600/month I might not have bough my house. but the way things were, rent/buy were pretty much the same monthly price, os I might as well be building equity and hedging inflation by buying a house.

>>December correction - once every 5-10 year market event

Your "December Correction" was Top Frothiness.

If the market doesn't crash this year, it'll be due to Trump forcing the Fed to rape the Dollar to keep it propped up.

>If the market doesn't crash this year, it won't crash this year
The market thrives on crooked big money keeping it afloat, that's a given.

>$600 a month, not bad.
Neighborhood is probably unsafe as shit. Look for apartments where white people were murdered if you're looking for a deal.

Based Papa Johns pizza with the 3000 p/e

I HATE IT

did you bet against the big green boys
did you put your money on a fantasy of rules and rationality? in the economy? in 2019?

honestly just look around you at the world. things are getting less and less reasonable every day. there is no reason that markets should go up. so, they'll keep going up until every last bear gives up. only then will they fall.
just ask yourself every week 'will the markets go down this week? is it possible for the markets to go down ever again?'
and if the answer is yes, don't short. the markets will go up

bearish capitulation should continue over the next few weeks until everyone is bought in

>Not being manly enough to survive a bad area

Honestly Pittsburgh real estate is different than most of the country. It isn't that bad an area as you describe.

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Just funded my questrade account. Should I go 100% VGRO or 70% VGRO and 30% something else? Ideas?

Lost 800 on puts on cron. It went sideways all last week

hasnt VGRO been stagnant for like 5 years tho?

I lost like $80 on TLRY calls (bought a total of 5, sold 3 for small gain, 2 expired)

I should have known at the time to chill
so I sort of learned from it, but mostly I already knew the things I needed to know to not buy those contracts, I did it anyway because I'm stupid.
I need to re-organize and re-focus my whole portfolio over the next couple days. Whenever I get too spread out my decision making gets worse.

Up 45 dollar for me 2 weeks ago with 17.5 and 18.5. Was down 400 but I bought 18.5 when it spiked into the 19s and turned a tidy break even/small profit.
The 18 support is really strong, you shouldn't have bought puts this week if you'd watched the charts after earnings (unless they were old ones then nvm).
CRON and ACB perform very similarly, ACB followed the same movement post-earnings.