/smg/ - Stock Market General

(((Golden Bull))) Edition - Short the Banks

>where's the hedge fund?
A resident tripfag, obergruppenfuhrer (Comfy), requested that it be excluded until he gets the next version up and running. Will refund those involved. Stay tuned!

Popular brokers for stock trading:
Robinhood
>commission free and no minimum to open
robinhood.com

> How is it free?
Robinhood earns revenue by collecting interest on cash/securities and fees from their Robinhood Gold service

> It's been X days, why isn't my account verified yet?
Not being approved in 3 days seems to be the new norm. Nevertheless, call/email their support if you've been waiting more than that.

> When is it coming to my country?
The only "plans" are on an Australian and Chinese beta. Neither of which has gained much traction.

Interactive Brokers
>$1 commission per 100 shares. $10k minimum to open, $3k if 25 or under. Lowest margin interest. Free API access
interactivebrokers.com

TD Ameritade
>$6.95 commission per trade. No minimum to open. Fantastic data/charting through their free ThinkorSwim service
tdameritrade.com

Degiro (Cheap broker for Europeans)
degiro.eu

Free in depth charts:
tradingview.com

Premarket Movers:
nasdaq.com/extended-trading/premarket-mostactive.aspx

Earnings Report Calendar:
biz.yahoo.com/research/earncal/today.html

Biopharma Catalyst Calendar:
biopharmcatalyst.com/

Pump and Dump Advertising:
stocktwits.com

S&P 500 VIX Futures (For SVXY/UVXY, higher is better for UVXY, lower is better for SVXY)
investing.com/indices/us-spx-vix-futures

Basic rundown on Options:
youtube.com/watch?v=TBAQtjyqNHw
youtube.com/watch?v=SuTTzfa4ePE

Previous thread:

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Other urls found in this thread:

investopedia.com/university/option-greeks/greeks1.asp
twitter.com/NSFWRedditVideo

Kike free first post

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Buy AMRS dip

GOLDEN BULL (TM) market off to a great start this morning I see

Cutie chart for today!

Also reminder to buy AXU

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is IBM elite?

The banks & SPY failed to breakout, KTOS is mooning.

I could beat a brick wall down with my dick I'm so hard.

>id: moon
Golden bullshit confirmed

why are you such a faggot

did you really have to put your shitty Jow Forums cancer into the OP post

Jow Forums is Jow Forums, Jow Forums and /b/.

here's a nickel for the kikel

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DAT AMRS PUMP
LIKE CLOCKWORK

I hope AMD does it's normal cycle of bull rush before earnings and then massive selloff.
Neets who are trading for the first time will sell once it hits their original price because they can't afford to let their money sit as long as I can.

>>where's the hedge fund?
>A resident tripfag, obergruppenfuhrer (Comfy), requested that it be excluded until he gets the next version up and running. Will refund those involved. Stay tuned!
I FUCKING TOLD YOU FAGGOTS IT WAS A SCAM

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No, not really. He's working on making it better, it really wasn't ready for outside investment.

I believe he has already refunded 2/3 of the original investors, 1 of who did not want to be refunded. He chose to invest in (Comfy)

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the hedgefund is an obscure way of begging for money(which is against the rules of Jow Forums

the guy has said in the past that he had to sell his gains to make car payments
i wouldnt be surprised if the same shit happened again.

Kek
If you ever visit that site with own IP address you retard
Guy was obviously phishing

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Anyone ride? was mentioned on here yesterday.

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>implying investors weren't scammed.

Anyhow, the golden bull is stretching his legs. Been asleep for so long that he's got to take a dump on the market and trigger some stop losses before he runs up the prices on the equities.

damn baggy, you're being delusional

Did you relapse? :( :( :(

I am, sadly I didn't get in at quite the bottom. but Im still pretty happy

No I'm still fucked up from yesterday.

Not sure if you're joking or not

>Looked like it was going to be a red day
>Suddenly, The Pump

I'm going to work on a pasta with screencaptures warning newfags that the "official" /biz hedgefund is a scam until it gets taken out of the OP.

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>biz
whoops meant to say /smg/

Dont be fooled, its low volume, Block sells will be back dont worry. Its all a part of the golden bulls plan.

>Fully refunds those who sent him money
>Calls it a scam
>???

I swore off trading yesterday, but sometimes it’s just free money.

You don’t find a few hundred lying on the road.

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>>Fully refunds those who sent him money
and how do you know that?

Pretty sure two of the people who sent him money said they received, I know for sure one of them yesterday said he didn't want it back. I think comfy posted some screenshots as well.

>JNUG up 6%
Should I cash out?

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taking profits is never a bad idea

What he's doing is basically every hedgefund desu. He also paid back two and the other invested in comfy.

>GUSH
TO THE MOON BOYS, HOP ON!

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>Sunrun just hit the $9 mark again

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>tfw thought about buying GUSH at 25.40 but I didn't because thought I was buying at the peak
>Now it's 31.17

God damn. Why is oil still pumping after the Syria shit calmed down?

This is the best volume we've seen in almost 2 weeks? People are going to start FOMOing and the green candles are going to grow into a full blown tulip bubble.

Kek me have found ~$2000 waking streets

I feel like I'd be buying at the peak. Is Sunrun a good idea?

Seasonal play. Oil always starts to spike around this time of year.

>all my gold investments getting bumped on open

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Where is the teh profit at? Did that fuck sleep in again?

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Aaaaaaaa. Nothing like walking up to a green portfolio.

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>waking up 1.5 hours after opening bell

you're never gonna make it

>Silver right now

I don't even know what's making my portfolio green desu. Probably my AMD $11 call. Does the value rise greatly when it hits strike price?

The greek magic

learn the GREEK

no, it does not necessarily rise dramatically when it becomes ITM

here read this user

investopedia.com/university/option-greeks/greeks1.asp

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It's the legendary golden bull. The bear market is over and we are officially in a bull market again. This is a great time to start writing out of the money puts. SPY will be attempting to break through the $280 glass ceiling by the end of the month.

why is this thread so dead today?

Thoughts on buying Google now to hold through earnings

teh profit isn't here to shitpost ever 60 seconds

We're like the market; low volume.

The bull killed the bears. Pic related, bear head quarters right now.

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they lost 15% last earnings so good luck

Who here SLV? Loving these gains.

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>USLV

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I have no idea what kind of power I'm playing with.

Regulars seem to be busy and it's a good day.

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People talking about cheeto god emperor pulling some dumb shit at the end of the week, should I look to sell the more volatile positions on Thurs?

oh shit the banks are getting dumped hard right now

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>I have no idea what kind of power I'm playing with.
i hope you took profit then

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What dumb shit is that? There may finally be peace on the Korean peninsula soon including denuclearization of the North.

I am actually doing DD on KO instead of shitposting and shilling AMRS

5 minute candles lol hell WFC is still UP on the day

Rumours that Disney is buying a stake in HMNY movie pass? Do u bereave it???

>waking up 1.5 hours after opening bell
i do that alot, i base my trading around that, unless i have a big OTC position and i do alright

5 min candles are good for spotting trends & helping spot changes in 15min, 1hr, and ultimately, 1d.

don't worry i'm here to shitpost every 60 seconds now

Time to buy FAZ?

FUCKING HHHHHHHHYYYYYYYYYEEEEEEEEEESSSSS
BOYS

GET ON MY LEVEL BUY NOW OR GET RUN OVER BY GOLDENBULL

INCREASE SHITPOSTING TO MAXIMUM CAPACITY

Yes, my bias is that I'm shorting major banks, WFC & BAC right now, and think they won't stop bleeding until ~27.85 (200MA1d)

Quick rundown is that they have been subprime lending, WFC has $81B in exposure they don't have on paper, BAC $30B, at minimum. Loan defaults rising in auto, student, CRE. Loan & deposit growth slowing. Earnings not great when the tax rebate is taken into account. Autoloan defaults approaching ATH (08 Recession), student defaults approaching ATH

Idk it's probably just the dumb money talking

post complete break of 15min cloud supports

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World peace brought on to mankind by our savior the golden bull! Long live the golden bull.

WFC is so wild it alreayd had a death cross a few weeks ago and is way below even the 400 EMA, what a pathetic company

BAC hovering in the ichi cloud found support at the bottom, you think it will break downward at some point soon then? 200EMA is 28.25 instead of the MA of 27.85, not sure how big a difference that makes tho

>he fell for the crash meme

say it with me ALL.TIME.HIGHS.

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May the golden bull run wild for 1,000 years!

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I think it is going to break downward before EoW. I think we'll see a slow at 200EMA but it won't hold for long. I think 200SMA will be the hard support to break.

Does any body fee thing this Oil Rally is manufactured?

Draw downs are increasing but the demand has stayed the same.

you better get your wojaks ready user

Who gives a fuck nigha I'm making money lmao

AYYLMAO IM HARD FOMO MONEY ABOUT TO PUMP GOD ITS GOOD TO BE ALIVE

How does the SPY look today

Any good sources to learn how to trade? What broker I should use, what markets I should operate on, being european, yada yada. Textbooks, websites, everything is an option, Thanks.

lel im here/ just studying this ichimoku cloud stuff. i always thought it just looked like a mess, but its rather elegant. interested in putting it to work.

looks like the banks are diving as expected. not much bullish volume to back it up, this could be the dump were looking for

instead of fighting it join the good guys

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Investopedia has a college-level education right on its wiki style website, as for brokers, RH or TD Ameritrade. Degiru for Europoors.

theres nothing good about speculating everything to all time highs every 3 days. if anything, THATS the irresponsible thing to do, as it will eventually all go to hell anyways, but youll have way further to fall.

we ARE the good guys. or rather anti heroes kek

Those nip meme sudoku sushi TAs are surprising simple to learn and to use.
Of course, forecasting movement is an art that requires practice

HAS IT BEGUN?

MY HANDS ARE IRON.

oh fuck
BAC just tested below the sudoku cloud

Syria, Iran, and Venezuela are in tight positions. If any of those go down, oil price is going up, so there's some speculation on that end. Saudis have also spend the last two years trying to cut the supply glut with the explicit purpose of raising the price of oil. News came yesterday of crude and gasoline draws.

That said it feels like too much too fast. There's an argument to be had about how much of Syria's instability has already been baked into oil prices and how much is waiting to happen. US producers are ready to ramp up production with price.

Is /smg/ buying the IBM dip?

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yeah im gonna have to futz around with the settings on all the MAs and see what works best for me.