/smg/ - Stock Market General

> holding $50,000 of MU calls that I bought when it hit $47 on friday morning

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PM for MU is looking good m8

Xi speech tuesday, it will pop the market up

Expect +1000 points between now and wednesday close

First

exactly, i'm either gonna moon or bust if trump puts out a shit tweet

>NVCN up 25% on premarket

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Nothing in Trump's recent tweet says anything about easing his stance.
He is just saying the ball in Xi's yellow hands now. Whether it will be paradise or a scorched earth is now depending on him
China will keep on playing the victim and justify his toughening up its stance. Xi should speak tomorrow before the US market open.

I gonna buy some puts on SPY today.

Cutting losses is death by a thousand cuts. You should be smart and diversify to cover for any ignorance you bring to the table when you buy. When you buy you dont buy ath. You wait for a dip or crash if it just mooned. Better to potentially miss the next moon then fomo in because 99.9% of the time you will lose.

;^)

Good morning!

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anyone know when zuck cucks for congress?

Don't get baited by futures. JPM and Citi report on Friday. Market will move sideways until then.

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So sell at open?

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also did anyone hear about israel attacking syria with jets and tomohawk missiles? increased conflict in mideast means rising oil in the near term, correct?

you also have opec scaling back production everything is pointing to a rise in oil prices for the near to mid term future.

sick those OTM calls are looking good then. i thought id have to eat em, as i only had to friday

It also means a massive tumble for the Russian stock market...

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Always sell the open. There's been a clear pattern for the past few weeks.

I think tomorrow at 3.

yowch.

fuck israel anywho. heard the bastards were trying to frame the US, but both the whitehouse and the pentagon denied it outright within an hour after the attack. fucking false flagging cunts can fight their own goddamned war this time

which group of complete imbeciles pushed futures green?

cnbc.com/2018/04/09/china-blames-us-for-trade-frictions-says-negotiations-impossible.html

Today will be a retards push the market green day. Tomorrow Xi is giving a speech...hehehe

Let's Shake & Bake!!!

So buy the open?

>imbeciles
some very crafty mofos manipulating futures right now as they have been for the past couple months. set it up in th AM and knock it down the rest of the day

I had a feeling it would be a nice calm weekend

thank you China

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Futures look nize today, don't zey?

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doubtful this is a response to a syrian airfield being bombed lul come on

you should be cheering for israel in this instance
>hurr false flag Assad dindu nuffin

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>hurr false flag Assad dindu nuffin
as near as i can tell, assad does not have gas weapons over there anymore. the turks however do, and so did the FSA.

either way, why on earth would i cheer for the literal aggressor in all of these shitty desert wars? so i can get drafted into the shitty ass third sequel to desert storm? no fucking thanks. not a goddamned one of those baathist leaders weve knocked down has been replaced by a "democratically elected leader". this is entirely to do with threatening saudi oil hegemoney. it happened in iraq (twice) and now in syria.

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neat graph
can you do one for Saudi Arabia vs Iran

fuck off with your fucking pajeet shit datawallet

i think you know what itll say. i dont want to start off the general on a political note though fren. we can talk about it afterhours

can you give me the site you used to make the graph then so I can do it myself

shill me more

Hello new friend. Welcome to Jow Forums.

didnt make that pic myself. ill try and make one, but i can try and make one thats a little more pretty and accurate. its fascinating how all these petty squabbles over GDP and hegemoney damn near ALWAYS translate into some sort of "freedom fighting" from our military.

makes me sick to my stomach, and im glad the pentagon/whitehouse was quick in denying it this time. say what you will about trump, but if we were still under the bush dynasty, this wouldve been an entirely different story

ok fair enough thanks

this is my feeling as well

im closing my QQQ longs today... probably at open

Morning amerifriends

over here waiting for LFIN to unhalt like happy_merchant.jpg

So close longs before 10:30 and open some shorts at that time?

You already have puts on it or are you waiting until they resume trading?

opening shorts is a gamble based on what china decides to say

i might sit mostly cash overnight tbqh

O God I hope you're not long

I have puts. I estimate a 400% return

Nice hopefully it opens back up or they are useless

i think he was implying he has puts out on it.

im with ya there. gonna save my cash for when its more clear whats going to happen

>merchant.jpg
Happy for you my man

fantastic work buddy

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If they get delisted and go bankrupt the puts will be fine too, they're just in limbo during the halt

the longer they are halted for, the more likely you are gonna get max profit. the SEC having a lot of things to go through is a VERY bad sign for those idiot shareholders. i cant believe people will FOMO into these kinds of things

Oh, I literally have no idea how options work

man oil looks fucking HUGE in PM

check out USO right now

>LG: VOO | NG: BGFV | CG: TVIX
>LN: BNDX | TN: GLD | CN: SLV
>LE: FB | NE: SPOT | CE: LFIN

What do you guys think?

oh shit.

took me a while to figure out what was going on.
>LE: FB
zuck is definitely chaotic evil at heart. hes about to break alignment for sure. as soon as he talks to congress. i would also swap TVIX and SLV. TVIX is all over the place all the damn time. SLV is about to make me a ton of money though, so maybe im biased

BIOTECH

ITS A BIOTECH BULL DAY

WHATS IT GONNA BE TODAY BOIS

Just when Wall Street got bored of the quietness on the M&A front
We have Novartis buying out AveXis, another gene therapy biotech
I am long QURE ONCE SGMO BMRN and I was getting everyday for the past weeks.
But hands of steel baby.

look at TRPX wew

also newfags I am NOT saying to chase TRPX right now

although you can probably make money scooping any washouts (buy the violent dip)

Pick related.

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Guys! I'm using Robinhood and my order to sell 10000 shares of a stock got completed at 0.75 and it says that my account was credited 750$. But when I look at my buying power it only says 748.86 WTF? Why do you guys think that happened? Help please!

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because you didnt actually sell 10000 shares at .75

you sold some at .75, some at .74, some at .745....

for an average price of .74886

judging by the last couple of weeks, it seems those bigboys lighting up futures every morning think all retail traders are retarded or something. and judging by how its been every single day, they are absolutely correct

this is why you use limit orders

Morning /smg/. We need to have earler threads, there was lot to talk late sunday. Lets have a small futures workshop, shall we?
>Shangai 3,138.29 (+0.23%)
>CSI 300 (April Futures) 3,845.80 ( -0.02%)
>China A50 12,511.18 (-0.07%)
This is at the end of the day today China. Numbers started lower but ended like that on the eve of Xi Jinping speech tomorrow - I have no idea what they mean really. Do chinks believe everything will continue as usual? Every news coming their way looks to be negative (no news of negotiations, posibility of devaluation).

It seems today might be a good day for daily traders to buy short-term futures but the big day will be tomorrow.

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You surely have the Chink National Team buying up the chink stocks in order to show patriotism for the motherland

>can trade options now
what are your strategies for calls & puts?

just pulled the trigger closing my QQQ long @ 158.14

I will surely regret this within the hour

yep, two minutes later its already at 158.30

fuck my life

I never do that but I am considering buying the 4/23 259 SPY put before close today...
Gotta be patient before pulling the trigger...

indeed patience is the most important thing

theres two kinds of 'strong hands'
1. to not sell when you are holding something you believe in long term
2. to not sell when you have a winner that is starting to run

check out oil, silver, gold and copper.
oil and silver in particular (USO SLV).
decide which way its going and give yourself some extra time

WEW
E
W

youtube.com/watch?v=70I2JcZHn6c

Yeah true
I have biotech memes
It is hard watching them dip but their fundamentals are solid

And for letting the winners run, I learned to always to take some profits (sell half when your initial price target is met)

Don't hold them until expiration and check out what theta decay is!
Got justed so hard on my first few trades.
My current strategy is do 3-4 month out options recommended by Robinhood and sell them in a month.
If you're going to daytrade any options, you should still have their expiration date for about a week out.
And don't start out with dumping your money on them! It's so easy to have them expire worthless.

FYI China will probably respond to Trump's threat of more tariffs at the Boao Forum tomorrow at 8:00 their time.

Is someone holding OHI (healthcare REIT) for dividend meme play here ?

It is trading at 52weeks lows. I think investors are spooked by 2 lawsuits aiming at the management not disclosing the financial quality of their tenants.

I think they are just unlucky that 2 bankrupcies happened within months among their tenants.

So close to 265 Already.
We Might see 270

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>US markets dumps hard
>ASX moves sideways
>US markets pumps hard
>ASX moves sideways
life is boring

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sup maricon
You think SPY will end that high today ?

8am?
thats at least well after close today, right? that means today is fine and tomorrows fucked

Anyone else having a shit month?
>down 35%

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you aussies deserve it for 911

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Yes, 8am. Sorry.

Short CRSP?

Yeah 8 fucking am
Them chinks are sure early birds.
You are the leader of China. But you have to get up early to shitpost.

I'm trying out credit sales on high IV strategies.
Just did an IC on BBBY
5/18 P @ 15 Buy
5/18 P @ 20 Sell
5/18 C @ 27.5 Sell
5/18 C @ 22.5 Buy

Gonna try TSLA next since IV is at 70