/smg/ - Stupid Morons General

List of popular brokers:
pastebin.com/mrSchZPg

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

Free advanced charting tools:
tradingview.com
koyfin.com/

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

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

Best free stock screener (the tradingview screener is also good)
finviz.com/

Premarket Data:
investing.com/indices/indices-futures

Earnings Report Calendars:
biz.yahoo.com/research/earncal/today.html
earningswhispers.com/calendar

Pump and Dump Advertising:
stocktwits.com

Boomer Investing 101:
bogleheads.org/wiki/Getting_started

Options Markets 101:
cdn.ymaws.com/afajof.site-ym.com/resource/resmgr/files/Historical_Texts/cox-rubinstein-ocr-1985.pdf

Suggested books:
pastebin.com/jgA5zTuC

List of hedge fund holdings:
fintel.io/

for SQQQ, SDOW, and SPXU bagholders:
suicidepreventionlifeline.org/

Previously thread:

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Threadly reminder:

Some of you guys are okay, buy NAKD at 0.29 tomorrow at open and sell at 0.50 on thursday after earnings

GALT = deep value

Write calls. Buy ETFs that write calls with leftovers.

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They're going to do an r/s

I told you guys to buy Tesla cheapies at 190 and I told you again at 180, who here listened?

I thought you went full cash??

So, did y'all BUY AMD before the current bull run? Added another 5k to my position at 28.

I got assigned friday so yea I was full cash on the weekend in case shtf.
yes

when the cotton #2 goes up

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You should consider diversifying with your call premiums into something to pay the bills. AMD will die one day soon and you'll get mauled by the bear

If they were going to do an RS they would have done it already, theres no reason to let their share price drag along the bottom of the sea floor for the better part of a year if that was their plan. It's stayed at this level because they have some half decent earnings news, and the pump last week was consequence of people in the know buying loads before the news

If you're not an end of day trader you'll never make it.

What do you guys think of NEPT? Am I just wasting my time?

Was thinking of getting NOK for under 5.00 for long term hodling dividends and potential growth from pending 5G.

first for fake hamburgers

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>All charts green but daily
No, I'd say you're fine

have anyone here tried it?

It literally couldn't hurt to throw 100 at NAKD, worst case scenario you lose $100, best you gain 50-100 bucks, gambling is fun anons
:^)

Well, that was the goal once I reached 1000 shares lol. I could diversify now if I‘m willing to forego higher premiums right now, but honestly, AMD is showing no signs of stopping anytime soon. Ryzen released 7/7, Msft using AMD cores now, intel scandals and poor finances, e3 and computex, etc. I may be fine with diversifying at only 500 shares tho, I‘ll look into acquiring my first diversification stock here soon (tm).

That's just the nature of the beast with tech stocks. Just take some profits and buy back in after the dip.

I don't believe long AMD is a bad position though, especially with all of the partnerships and Intel's impending reckoning. Why do you think they will "die one day soon"? Or you just mean the price normalizing after the hype dies down again?

>PROTIP

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First useful tip I have heard from Mr. B

I wish I wasn't a giant pussy and had a bigger position. Oh well. Gains =gains

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Mornin nibbas

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>heh-heh, n-no market moves in a straight line

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Lululemon earnings this week who is buying puts?

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

happy monday sonicbro

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stfu jew, AMD will go to 50 dollars a share before the end of the month

How do I git gud at swing trading brehs? I'm tired of wage cucking, and i'm only 23 years old

>betting against white women blowing their man's money on overpriced bullshit
don't do it, fren

Haven't tried their burgers but I saw some of their frozen taco "meat" at the store and tried it. No idea why it's valued so high. The texture was like rocks and the taste was underwhelming. Also it was 90 calories for a few tablespoons worth of food once it was cooked. I'll stick with chicken and turkey.

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Read up on momentum trading and maybe study up on price action/SMAs, crossover patterns on hourly candles and up. This book is pretty good for that.

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speaking of which, where is the THOT etf at?

If my calls get assigned is there any fancy way to avoid getting them taken from me besides buying them back?

Also this book, terrible hairstyles aside.

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>im not smart enough to get into a good college or learn programming, how can I beat hedge funds and harvard/MIT math PhDs in the most competitive market in the world?

>I'm tired of wage cucking, and i'm only 23 years old

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not really lol. You could roll them out into a spread of some kind, if the price is pretty close to your strike.

fuggin check‘d
get a job and put 10% of your paycheck into Spy or Vti. The digits confirm trading is not for you.

OH NO NO NO NO

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So I actually won my /ES short lol
Nice lil pullback

you don't even know what tired is faggot

>get a job and put 10% of your paycheck into Spy or Vti. The digits confirm trading is not for you.

Actually yes, this is very sound advice for a 23 year old. Follow this Study active trading and even paper trade to dip your toes and see if its for you later but let your money start passively growing asap. Time is on your side.

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>lose $600 on BSV
>Switch to stocks
>All in on NBRV
>Lose 12%
I just don't think I'm meant to make money.

>if I believe hard enough it might come true

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The price action today is blatant manipulation by shorts and market makers
The company's fundamentals are better than they ever have been

how is GALT down on such a green day HAHAHAHAHAHAH

Why SPY now? Shouldn't you wait until a dip? It seems a bit high?

if i knew the answer to that question i would be a literal billionaire within a month

C O P E
O
P
E

>>The price action today is blatant manipulation by shorts and market makers
just like every day, for the past few years huh?

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Shorts have control of it and are walking it down. They will burn sometime in the next few weeks.

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We're going to close red again. This market is a real bitch some times.

based and jewpilled

Stop going all-in on longshots for a while

I bought into GALT today without doing any due diligence of my own solely on the fact that "Pendulum" keeps shilling it here so frequently. I sincerely hope it performs well... for his sake.

Worst case it's a learning experience

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it feels bad that so many members of /smg/ will probably hang themselves in the next recession due to losing 90% of their portfolios while the crypto people will probably be dancing around in money

not when you have based divvies coming in every week.

this week I should have IBM, JNJ, MSFT, IP, O, and TAP pay me as well as my Capital Gains and Dividends from my Mutual Funds. should be a $4K+ month in passive income (one of my two big months out of the year).

Imagine unironically buying beyond meat right now

Haha nice

90% of posters here would panic sell in the position I'm in right now
I won't and it's going to pay off later, I'm concerned about fundamentals and not price action
The emotional fortitude of most people on here is laughable

What's this fixation with 90% all of a sudden?

retard level bait

GALT doesn't look good

You don't know anything about the company and are just looking at a chart

>losing 90% of their portfolios

i've lived through the nasdaq bubble, the great recession and the various corrections/bear markets. my portfolio has only gone up over time.

unless you rich in crypto in 2017, its not ever going to be like that again.

>buying a tripfags bags
What new level of findom soi cuck white knighting is this?

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exactly. and since its inception the indicators i have show bearishness. it will go to 1.6 or even 0.5$ imo

It will in the long term. Or possibly even the next few months. Put some in and forget about it for a while.

90% of the time it works all the time

Copeposting at all time highs. Drop the bags already and start writing calls on your bluechips.

Unironically, one of the first concerns that came to mind when Frendy posted about them being added to a new index was that it may now be more appealing to the MM's who love to mess with biotechs. Don't know if it's a candidate for P&D, short to shit, short then buy when it's $0.30, etc.

There are so many problems with biotech stocks that aren't even related to the companies.

the only thing GALT has going for it is whether its drug gets approved, just like the 234234 other penny biotechs you can gamble on

I would liquidate all of my possessions to buy it at 1.60 or 0.5

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Even though people are saying the pump of AMD is done i picked up some 35 dollar calls because of E3 later today. Could see it sky rocket tomorrow if they have a good showing.

Here's RKG's prediction

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well there is a high chance we'll go under 3$

>people unironically still holding stocks
this is when you exit the market folks

> Changing sectoral trends in the last 6 decades, translated through the economy’s production network, have on net lowered trend GDP growth by around 2.3 percentage points.

> The Construction sector, more than any other sector, stands out for its contribution to the trend decline in GDP growth over the post-war period, accounting for 30 percent of this decline.

Well, America stopped building long time ago. What's the latest infrastructure glory in there? They can't even build a high-tech wall, but some dumb fence.

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>Comfy thinking he can tell anyone what they should buy

kek

Beyond burgers aren't even that good, I had one a couple days ago and honestly it sucked. Why is it going up so much? Just the novelty?

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You can always wait, but look at all of these points where the market was at its highest point (at the time). Even if you bought and the market fell, it eventually was surpassed, over time. If anything, if you contribute a % of your weekly pay to the market, down periods will allow you to get more for your buck and ride it up to the eventual (in theory) rally back

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Rent free
I have no position on anything right now, that's just RKG's prediction

>that's just Rkg's prediction

Look at the post directly below rkg's

Nah, I'm holding my VGT, VT, and bank stocks. Those are long-term holds for me. Took profits on $IDN and others that I'm swing trading - I'll wait for a good reentry point from the sidelines.

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I since revoked that recommendation due to a giant 95% crash in the next month. however you would be green on that trade desu
You sure are seething on days like pic related

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4 hours until the AMD presentation at E3. Short AMD or HODL?

I think one of the main reasons they're up is that Microsoft announced their upcoming console (Project Scarlett) is using an AMD chip yesterday.

Dunno how any news out of E3 could make it go down, but who knows

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I doubt it. Will be more positive news before they can walk it down that far.

market doing a full retrace on todays pump. we will soon know if it was a dead cat or continuation to golden bull

news are announced at special price levels they are not random. feel free to hold bags

>it's already down more
Wonder if we can hit -10% today

I will gladly hold these bags, thanks fren.

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That was already more or less known, just official confirmation.

Many shareholders have high expectations in their new Navi GPU (because they're retards who ignore that AMD doesn't currently have the R&D budget to catch up with Nvidia), while it's probably overcosted, power-hungry garbage only good for console bucks.

The new 16 core CPU is going to be great, but probably costs an arm and a leg with probably 700+$. Still way better than Intel, but not cheap, either.

What do you dudes expect from AMRS earnings?