July 9th: 1776 – George Washington orders the Declaration of Independence to be read out to members of the Continental Army in Manhattan, while thousands of British troops on Staten Island prepare for the Battle of Long Island. 1850 – U.S. President Zachary Taylor dies after eating raw fruit and iced milk; he is succeeded in office by Vice President Millard Fillmore. 1868 – The 14th Amendment to the United States Constitution is ratified, guaranteeing African Americans full citizenship and all persons in the United States due process of law. 1896 – William Jennings Bryan delivers his Cross of Gold speech advocating bimetallism at the 1896 Democratic National Convention in Chicago. 1900 – The Federation of Australia is given royal assent. 1943 – World War II: The Allied invasion of Sicily soon causes the downfall of Mussolini and forces Hitler to break off the Battle of Kursk. 1958 – A 7.8 Mw strike-slip earthquake in Alaska causes a landslide that produces a megatsunami. The runup from the waves reached 525 m (1,722 ft) on the rim of Lituya Bay; five people were killed. 1962 – Starfish Prime tests the effects of a nuclear test at orbital altitudes.
Probably. But AMD always bleeds out so I'd wait for a dip. It is almost always obvious
Hunter Barnes
We're very close to the 13-year high at 34.30$. Seems risky, but maybe it can break the previous high, now that Ryzen 3000 is out is selling like hotcakes.
Jack White
How do I invest in Vietnam? The market seems to be restricted to only citizens
Buy S&P futures. I need this shit to gap up like 8 bucks.
Dylan Butler
You don’t make a typo.
Dylan Turner
>gap up
I doubt that. I expect flat open and nothing until Powell starts talking, at which point the geiger counters, seismographs and polygraphs will begin to ominously twitch.
I expect Jerome to announce he will cut rates, and then while he's giving testimony we get Steve Merchant breaking news busting in, TRADE DEAL SECURED!
Wyatt Harris
OH MAN I was so close to being almost close to breakeven. I was only down like 2.4% All time this morning, then someone faded the crypto rally. Also faded: LPTX, MO, KSS, CHWY, CGC
Didn't this guy kill his wife or something?
I feel like I should read One Up on Wall Street or something first.
"Dark Pools" doesn't look like the type of thing to give me actionable information, just "You can't succeed" type FUD.
Does it tell you how to DIY or did you get any ideas from it?
Why do you all assume that Powell will say something that matters? He's testifying before Congress, won't he just say he has to wait to get the data and confer with the other fed heads and associates, etc.? You keep saying Merchant... do you mean Mnuchin?
Buy OTC company KBLB, which is opening up multiple factories in Nam and recently had a reasonable pullback. Wait for it to get pull back again though if it pumps.
how do you guys decide 1. how many stocks to buy/short and 2. when to sell/the stop limit on your order
Connor Roberts
normal stock is 5-7%, options are no more than 1% of my account
stop are normally somewhat arbitrary but i'd say i use on average like a 15% stop
Hudson Carter
Well, so yesterday, I went against logic, my gut, and Linus Tech Tips recommending the new AMD processors (they also sold out immediately) and I bought long put spreads. Basically once I hit 8% loss I knew it was time to cut and run and I managed to close before I lost about 15% on the option. If I had held on like a true brainlet, I would be down 50% as of right now. Will it recover? What if AMD crashes back down to earth? Time will tell, but I had to make the call to exit and I did. The chance also exists those options would have expired worthless.
5-7% of your current account for risk management reasons right? and a 15% both up and down of the original stock price?
Hudson Miller
Only otc i have right now is IVITF, betting on the new CEO. First time they've had a major stakeholder at the helm.
Kevin Phillips
Point is you have to make the call, and if you can minimize losses you can have a lot of them but then eventually land a nice W and you'll be back in good shape.
Joseph Perez
were you holding or did you screen a low float
Ian Martin
>Why do you all assume that Powell will say something that matters? He's testifying before Congress, won't he just say he has to wait to get the data and confer with the other fed heads and associates, etc.?
A lot depends on his wording. The market will be listening for subtle clues about the direction he is leaning.
Jason Sanders
on a scale of 1-10 how much can powell's word effect the market
Bentley Powell
TMUS addes to the S&P 500. Thank you TMUS for turning this week green.
Did you seriously not sell with the news yesterday?
This is the first stock in recent memory that could legitimately go to zero. I’d get out now.
Brandon Watson
lmao bruh you’re fucked
they’re going to lose their license from HC and if they don’t completely go under, they won’t see the other side of 6 CAD for years
Logan Young
Oi m8 you got a loisence for that pink?
KBLB, it keeps mooning, but not enough for me to sell, and then dipping, but not enough for me to buy. I'm getting impatient, almost bought more today. Buffett would tell me impatience is no good.
Can or will? He's not going to want to move it in any significant way. But if he just came out and said "Holy shit the economy is fucked. We just got the data and its REAL bad. We're gonna have to go to negative rates and talk to Kuroda about using better QE..." Well then people would probably panic sell, algos would panic sell, same with hedgies and institutional investors, and everyone's 401K's and pension plans would be fucked.
Lenders would start calling in their corporate debt, and many companies would be insolvent and dissolve. Massive layoffs would result, and we'd enter into a massive depression. I would expect riots in city centers, and Trump would fly off to a golf course and summon the national guard.
None of that is going to happen though. Powell may not be as good as Yellen, but he's not a total idiot.
Elijah Rodriguez
Who asx here? Anyone still invested in coal? Why is Whitehaven coal, something that HSBC owns 40% of, still considered a strong buy?
Kevin Cox
11 Powell's word is the markets
Jason Wright
I'm new to investments, but can someone give me their opinion on KMI? 7/19 22 calls in particular, seem cheap, stock looks to be breaking out of a bullish flag, earnings just before etc, thoughts?
David Anderson
>KBLB
Why does /smg/ like to speculate on penny shitstonks?
Thanks. Will probably take a look, although these growing eastern countries don't offer the best translation of value through capital markets, especially through the entire index. Not sure why that is the case
I'm not in a trade with them yet I'm just wondering if I should buy options now or place a random bid at like $2 and see if it gets filled. Seems too interesting to resist but maybe I just love the ride.
Chase Perry
Because their product is fucking cool?
Isaiah Smith
>Not including 1816, when Argentina told Spain to go fuck itself, after only telling it to kinda go fuck itself in 1810
Alexander Gutierrez
What high dividend stocks are you guys getting into? Also any emerging industry stocks like space?
Owen Martin
Test
Chase Turner
You passed!
Adam Hill
T and PM are pretty good
Sebastian Fisher
I checked the income statement for the last 5 years and it has losses. Throw your money into the dump instead. It'll be less painful and cheaper
Cameron Peterson
I'd stay away until it becomes clearer what Health Canada will do.
If they let them off easy it's a bounce, if they make an example out of them it's the end times.
Carter Rodriguez
...because they have losses?
Charles White
Kinder Morgan's numbers are going to be way off in a bad way. Chemical manufacturing is down, so their terminals are going to be making less money, and LNG numbers have been down. You'd be better off putting them on the puts.
Luke Cooper
Do you think PM is going to be able to main its value and divided as Tobacco sales fall and there are less tobacco smokers? I remember on some other board someone talked about OXLC and ECC, but don't know much about them.
Colton Stewart
got 2 high yields BGS and BTI. BTI is suave but BGS is hellish, like hell but when the divs come in the fears melt away
Thanks, I already have 85 contracts I got right before close at .04, I'll be sure to sell before earnings but I see a short term run up to earnings especially after today
Josiah Harris
Is 870 times revenue good value? Not to mention losses are 3x the revenue. Why do you buy junk?
Nicholas Cruz
HCC looks nice
agree/disagree?
Isaac Phillips
Sucky day but that's ok. Still up over 15% so I still got plenty of sweet gains.
July/August is a special time of year for me. Comcast/T/KDP/DIS all pay out you see.
AMRN is down a bit but that's ok, the real money is still on the way. T stock is down a bit but fuck that's ok to. All the more sweet divvy I'll get when it comes due. 194 shares now do I got, at the current price I'll add 2.94 more shares to my pile at payout time. Just one more payout looms this year after that, fuck man I ain't worried one bit I'll still clear 200 shares by years end.
NBY has fallen a bit, the fearful man would pull out while he still can. But there's sneaky shit going on behind the scenes. The China Pharma is loading up on NBY shares while they're cheap. A nice buyout is a coming; it's only a mater of time. This shit will be forking out least $8 per from what I've heard. Hell big time fat cats are piling in, Vanguard and Blackrock is just the tip. They know a big fat payday is cooking up soon. Surely you want a cut of that Profit to.
Henry Richardson
Companies like that don't just roll over and die without a fight. I figure they'll find some sort of new revenue stream down the line.
Adrian Baker
yeah, don't go all in on any single name
that 15% is mostly for down, I try to let the winners run
Dylan Nguyen
It’s an experimental technology. It’s extremely speculative, but I don’t think they should be aiming for profitability yet.
The new patents and factories are a good start, but it’s still early days.
Austin Smith
>Not Altria Literally why? Why go with any other tobacco company? Is it because you personally like those cigarettes?
Do any of them have vaping or cannabis exposure? Are you chasing an insane yield like Vector Group or something?
Altria seems like the best in the space to me. Go MO.
I feel the dividend giving stocks are too leveraged up and instead should reduce debt instead of giving big dividends. On an EV basis they are not at all cheap
Cooper Rogers
You know that smell when you open a new book? Like that but plasticky.
some coal CEO just died so theres room for psycho corporatism that coal companies do best and also Trump loves coal
Adrian Cruz
A freshly printed Excel spreadsheet
Kayden Wilson
why that coal ticker in particular?
Nolan Davis
Debt to equity is 2.1. They should really cut debt instead of giving dividends. Companies are holding onto debt because it is very cheap(due to interest rate scenario), but I like to avoid companies with large debt
Jaxon Gomez
Sorry, didn't realize MO actually has a higher div yield. In that case I would go with them.
Kayden Thomas
because nice name and like its the only coal company that isnt shitting the bed
Jayden Campbell
And actually now that I dig deeper PM has a slightly higher annualized payout
Cameron Bell
I mean you're up 5 and change, which apparently represents a 260% increase so I'd say that you're about $342 short of $350 total.
Brandon Flores
Im holding amd until late sunday. Hype will wear off and people will be done buying crap online for the weekend. I think after that they will stagnate or dip.
I like to check ROI instead, which is very healthy. It's just because of the interest rate scenario. Makes companies trickier to value as PE only takes into account MC. I think EV/EBITDA may be a better metric
Noah Barnes
I don't know much about that... but after some quick googling, seems like their EV/EBITDA is decent, better than PM worse than BATS
Nicholas Phillips
Financials are not the only way to value a company. Altria is doing great stuff with Juul. I wish they would buy them out entirely and list them separately
Jeremiah Brown
My only concern with that is that vaping has now come under attack from anti-tobacco lobbies. Look at what happened in San Francisco were they banned both tobacco and juul and ecigs. I believe that my generation's smoking habits are going to be heavily focused on smoking pot while tobacco smokers die off.
Justin Smith
Rock on, brother!
Adrian Anderson
smoking pot and tobacco go hand in hand, if you've ever been to Amsterdam they often sell and smoke mixtures of the two.
However I understand that fear, but I'm also excited for the THC vaping possibilities, which Juul could give MO a good way to enter into.
>Look at what happened in San Francisco Has any of this gone into effect yet? Also, they banned tobacco? I thought it was just e-cigs. However, Orange County did recently vote for some sort of ban on tobacco.
I'm not really concerned about the legal fights for some reason.
Leo Green
That'll never happen. It's akin to trying to regulate the big tech. At the end of the day too many addicts
Nathan Jenkins
Can: 10/10
Will: 4/10
The 200 day moving average on the S&P is flat mainly because of the decisions he made last year and this.
Jeremiah Morris
>smoking pot and tobacco go hand in hand
Can confirm as ex-smoker now degenerate vaper and occasional dude weed imbiber. Nicotine mixes with weed nicely.
Angel Ramirez
Smoking and drinking as well.
Bitches love those camel crushes. Buy a pack on Friday, lose it, buy another the next weekend.
