earnings in the week ahead: SYY Tencent JD LAN HUYA YY TLRY CSCO A CGC M LK GOOS BABA WMT NVDA AMAT DE
August 12th in History: 1898 – The Hawaiian flag is lowered from ʻIolani Palace in an elaborate annexation ceremony and replaced with the flag of the United States to signify the transfer of sovereignty from the Republic of Hawaii to the United States. 1914 – World War I: The United Kingdom declares war on Austria-Hungary; the countries of the British Empire follow suit. 1981 – The IBM Personal Computer is released. 1992 – Canada, Mexico and the United States announce completion of negotiations for the North American Free Trade Agreement (NAFTA). 1994 – Major League Baseball players go on strike, forcing the cancellation of the 1994 World Series.
Chinese government now blame protestors at Hong Kong mental, said "sign of terrorism have appeared"
Owen Long
Also on August 12th: 1978 - The Treaty of Peace and Friendship between Japan and the People's Republic of China is concluded. 2017 – That one guy ran that fat lady over with his car in Charlotte during the "Unite the Right" rally. Two whole years ago. Two state troopers also died in a helicopter crash.
George Soros turns 89 today, Sir Mix-a-Lot turns 56. Cleopatra died either on August 10th or August 12th, 30 BC
The United Nations (UN) call August the 12th International Youth Day It's Sea Org Day for Scientologists. I'm actually old enough to have been involved with project Chanology, I went to the local Scientologist temple in the city that I grew up in with my high school friends. It was cringe, but there you have it. That was in February 2008. One of our teachers was there (?) and we went out for White Castle afterwards. Those guys were the coolest, I'm sorry that I don't live near them any more. It's World Elephant Day
>That one guy ran that fat lady over with his car in Charlotte during the "Unite the Right" rally.
Huh. You forced me to google her, I didn’t know she was fat. But there you have it. Who knows how many blowjobs the world has been deprived of because of this stupid dumb thing. Bj’s increase the total happiness of the world, and should be considered a net benefit in terms of utilitarianism, hedonism, economics, finance, capitalism, communism, and many other theories and schools of thought. Not solipsism or any school of thought that says orgasms are only beneficial if they’re for procreative purposes.
Basically, bjs are good for the morale of humanity as a species, and she looks like she’d put in some effort.
Is this bond rally going to continue? I don’t want to have to apologize to Schiff AND Gommie.
>Is this bond rally going to continue? I don’t want to have to apologize to Schiff AND Gommie. I think only news carries the bond momentum much farther. I mean it's still riding a little bit, but without bad news in the market and economy it should stabilize and re-trace a little.
Germany and EU both reporting GDP on Wednesday early. Could turn bloody, or it could be a fake meat nothingburger. Lots of CPI reports, I don't think those will matter too much
That being said, if you have been rude to either PSchiff or Gommfag you should apologize regardless of what happens with the bond market. We're all in this together.
hey you too
James Scott
you dont have to apologize to doomertards when the stock market rallies 25% in a year
Jacob Thomas
Why's she sticking a Monster drink up her ass?
Juan Nguyen
Well, that’s it, Cramer says shit’s going down. Will this lead to cheapies in Lam research? Probably not, the name is just a coincidence.
Nice 5’s I assume she’s practicing for me, loosening up a bit, dilating.
You forgot about about Brexit, and you forgot about HK, the PRC/CCP May want to have their crackdown before... October 1st I think it was? Big anniversary, want to say it’s their July 4th kind of thing?
I wasn’t actually rude to them, but I DIDNT LISTEN.
And yet, my gains have vanished. As long as I don’t sell at a loss, I can’t lose, right?
I've said it before a couple times, but it seems that the Chinese and HK government are pretty much directly playing out the 1989 protests. I'm not an expert, I only have the basic western understanding of what is happening now and what happened in 89. It seems like they are just saying: "the government didn't do anything wrong, the protesters did everything wrong and are criminals. Stop protesting now." I don't understand how they expect that to work. The things that the Chinese and HK government are saying just seem ignorant and inefficient to me, if they were more conciliatory I think they could have a better chance for a good outcome. It's just like: en.wikipedia.org/wiki/April_26_Editorial
But again, I only have a western point of view. I don't know how the government messaging looks from an Eastern point of view, maybe it makes more sense to you.
One example of the western point of view from the last decade is the Ferguson Riots. Right around five years ago*. Anyway, a bunch of rowdy n-words got stirred up by Soros assets and burned down a couple dozen buildings. No one in the government said: "These rioters are criminals, the police did nothing wrong, go home and stop protesting". They would never say anything like that (though in that case, they would have been right to say those things). Basically everyone in the government had to make ameliorating statements about "broadening the conversation" and "demilitarizing police" and whatever buzzword of the day would calm down the protesters but in the long run not mean any concrete action. The western way is completely superior IMO, tell the people what they want to hear and then do whatever you were going to do anyway.
*In fact, I had graduated University and was living at my mom's house in St Louis at the time. I was listening live to the police reports on a radio, watching livestreams, and browsing
its your second year trading, youre still learning.
Actually Im really sorry to say Im a fortune teller, and your future looks very bad. Im not trying to be offensive or anything, I just did a reading. Its like really bad
It seems reasonable at this point to assume that Jimmy C stays up late night lurking these threads. Maybe he has an intern do it for him. Is it you? are you Jim Cramer or the intern of Cramer? Does Jim Cramer also get all of his opinions about East Asian politics from HongKongAnon? probably.
I feel like Brexit is a lot of wind. It isn't really going to be a big shock to the global finances or economies. If we were living in a more peaceful and civilized time, Brexit would be a huge deal. It would be top headlines all summer. But we live in some crazy accelerationist twitter world now where everyone and everything is trying to do something crazier than the last guy and steal the headlines. And so Brexit just doesn't seem like such a big deal. The median expected values are priced in, we'll see how it goes.
HK is obviously a bigger deal, but I can't really mark a PLA crackdown on my calendar. They'll cross that bridge when they come to it...
Dude... are you sending waves at me? This is the first I’ve heard of your fortune telling.
I’m getting that feeling about my life myself sometimes, but less about my life as a trader, and more just generally.
No, he doesn’t even respond to my twitter inquiries. But, it could be because that account has no tweet history besides @ing a few questions. Or maybe he doesn’t like smug lolis?
Jason Hernandez
>buy calls >9am: stock market opens shares go up by 1% >9:45am: company raises earnings forecast drops 3%
But I can’t let FUD hold me back anymore. It was instilled in me at a very young age, those seeds of doubt. Fuck that I’m rising above it. Your FUD won’t stop me either.
Futures have had a rough couple of hours downward on no major news open down and recover during market hours? Or maybe we fall down through 2900 and everyone pretends the sky is falling.
Hunter Brooks
Just stop trading options.
Lucas Nguyen
CRAASH ITT
Noah Ross
I've been out of the loop for a while, can anyone give me a rundown of the market as of late?
Samuel Jenkins
It's not like she would have lasted much longer. Cause of death was a heart attack, after all.
Justin Sanders
>I think only news carries the bond momentum much farther. Would further fed rate cuts not pump up the value of existing bonds, though?
Everything's moving down but absolute no volume today. Feels weird
Joseph Harris
No volume acts as an accelerant for explosive pumps and terrible dumps
Ayden Adams
I guess you can explain that by saying there is a different version of social contract. At least in mainland China. All form of protests or unrest against the government, no matter how good their intention might be, can be seen as a challenge against the state's monopoly on power and thus shall be eliminated. The government's role is to suppress anything that threaten the society, so that citizen can also live their life in the society, as long as citizens does not threaten the government. From this perspective, China is rather similar to Ancap, where the government function like a company with its own police and court and rule and military to maintain the social order, and the people are allowed to live in the society as long as they didn't interfere with the interest of the company known as the government.
>2017 – That one guy ran that fat lady over with his car in Charlotte during the "Unite the Right" rally. Two whole years ago Literally never happened. She was never touched by a car. She died because she was a landwhale and got a hard attack when the crowd pushed her.
Brayden Parker
whom is ready to defy the dirty jewish tricks today
Matthew Rivera
Daily events always seem more exaggerated near the end of a stock market run because the instability of the system is apparent and people are trying to keep things going as money pours out of assets.
Nobody cares about anything during the inflation of a bubble. They are all getting rich. It's the deflation that is the killer.
That said, if Trump and China come to terms there is going to be a massive buying frenzy.
Aaron Green
The closure of Hong Kong airport today due to protest is indeed significant. Chinese government's description on the protest saying that it have "sign of terrorism" will probably have some implications also. Military gathering near the border is something they have been doing to a varying degree in the past few weeks that I don't think that signify anything that's going to happen imminently.
Juan Phillips
China's rule is more direct than that.
Honestly, I wouldn't be surprised if they were bolstering HK police with mainland counterparts. It doesn't sound far fetched desu.
David Price
>That said, if Trump and China come to terms there is going to be a massive buying frenzy. Not going to happen anytime soon when both sides accuse the other party walked back on their Osaka G20 promises.
Bentley Long
China won't enter with troops, no way
Anthony Garcia
hey mark. will SNSS pump today?
Wyatt Allen
I don't think so either, but it's certainly possible.
Trump has a history of posturing and then compromising for a deal. He's done it on pretty much everything except for China.
You can't leave it off the table that he is cynically stirring up shit just so he can get Fed rate cuts and then do a deal with China in early 2020 in time for the election.
Jack Robinson
>Honestly, I wouldn't be surprised if they were bolstering HK police with mainland counterparts Might have already happened
Nathan Cox
>You can't leave it off the table that he is cynically stirring up shit just so he can get Fed rate cuts
It's too late for that. Any fed rate cut from here on out will be seen as a sign of weakness.
Trump's best hope was for the market to crap through 2020, but that is looking less and less likely.
Chase Perez
Alright time for stonks! Missed you smg. Been listening to all these whiny babies cry about their shitcoins. Only good thread on this board.
Whats a good swing to buy and hold for a few days while I wait for my day trade allowance to come back?
Austin Sullivan
how much do you want to bet that WMT misses earnings and blames it on their lack of video game sales?
Jordan Lopez
>and then do a deal with China in early 2020 in time for the election. Won't happen, there's no way China would waste ink on a deal when Trump might be gone after the election. Sure Trump might push for a deal just before the election just so he can tell the voters "hey look, market is going up", but China will 100% just wait until after the election. If Trump wins, there's literally no reason for China not to sign a deal since another 4 years of problems is probably not in their interest.
Wyatt Clark
Just go away
Sebastian Brooks
have sex
Lucas Ross
If Trump is willing to make concession then China could also sign that, and then use that as ground to further negotiate with next American president in case Trump lose, and then use that as propaganda if the next one refused.
Angel Campbell
5 stocks I'm looking at today gentlemen and transgirls. >OSS >BIOC >RKDA >VISL We'll see if anything starts popping off after 6:31am. Remember, never FOMO because you'll be in a vortex. Good luck and stay safe.
Or they could wait and negotiate to get the tarriffs removed with a president that is against the tarriffs to begin with. There's no way they will sign a deal with Trump just before an election, no way.
Evan Martinez
Silly me, I only put 4. I forgot >FBIO But that Flt Shr is a little too high.
Chase Miller
>>RKDA what exactly happened here?
Tyler Wood
"If Trump is willing to make concession" It is unlikely but not 100.00000% impossible yet
Bentley Garcia
So is 2900 the support for SPY today? Or does the market want lower right now.
Camden Johnson
Market seems skittish and is waiting for news to feed off of, either bearish or bullish.
Gavin Hughes
Bonds continue mooning
Brayden Rodriguez
AMDCHADS RYZEN THE FUCK UP! I love you /smg/ I hope we all make smart moves today whether that be buying, selling or holding. X is very close to a buy point.
Landon Barnes
Morning /smg/ get your coffee and buckle the fuck up because we're in for another wild week.
I bought an NVDA put, so you just *know* they are going to have great earnings. I think my earnings plays this quarter have had about a 30% success rate.
Let's have a regret discussion - what are some picks you decided not to buy, but wish you had? Pic related. Just kept waiting for a more significant dip, but just kept going up.
How are my fellow Office Depot shareholders doing today? I have some excellent news. This morning the dividend yield suddenly jumped to over 6.5%! What a deal.
I tried to explain to one dude that if every lender resorted to negative interest rates to compensate for deflation, or if the fed rate was way negative, then you'd see inflation again (Since you can't actually put parts of the economy into a vacuum).
