/smg/- Stock Market General

Dead thread edition

>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:

wolfstreet.com/2018/04/11/how-much-are-banks-exposed-to-subprime-more-than-we-think/
finance.yahoo.com/quote/GE/
forbes.com/sites/tomangell/2018/04/19/top-senate-democrat-pushes-bill-to-end-marijuana-prohibition/#32dbaac96051
theatlantic.com/politics/archive/2016/08/dea-marijuana-schedule-decision/495458/
twitter.com/NSFWRedditGif

Previous thread:

After hours fun. Time to ckeck the nikkei

Should I buy GE, y/n?

wolfstreet.com/2018/04/11/how-much-are-banks-exposed-to-subprime-more-than-we-think/

They are lending to the loaners who loan to the subprime lenders. The big banks don't do subprime loans directly like they did in 08, when you didn't need alot of collateral. The 2nd and 3rd tier loaners are beginning to default.

Green Day tomorrow considering all the earnings next week?

leaning towards yes

Seems risky

You think the financial report tomorrow will turn out well?
>seems risky
The beta is .71. Barely any risk desu.

NO BULLYING

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MY ENTIRE WEEK OF GAINS
DELETED
REEEEEEEEEE

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>The beta is .71
What source did you get the beta from?

I'm feeling green.

>The 2nd and 3rd tier loaners are beginning to default
Fug.
Nnnooooo

Whats up with futures, everything is down. Even based coccoa

Just buying TZA every day it goes lower so i can ride the misery

>What source did you get the beta from?
finance.yahoo.com/quote/GE/

its probably n-nothing...

KHC is currently at their 52week low. Time to buy.

Thanks, senpai!

No problem. If yahoo is good for one thing, that would be their finance page.

GE is fucking dead

this thread is under the protection of the bully hunters

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I'd be making a killing if they can pull out of this rut.

PG and CLX are also at their lows.

That's true for everyone bagholding shit.

kek, woke up and my AAOI shares kept their gains
Either a pump and dump or the company is really underpriced despite the earnings expectations being low

Hopefully its pumped even harder till a short squeeze kicks it to the moon.

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PREDICTION: 1 SCOOP FOR SPY AND 1 SCOOP FOR QQQ
C'MON BABY, 2 SCOOPS!

be careful of a large selloff end of day

nobody wants to hold over the weekend in this Trump market

If Drumpf keeps this economy running at at least 3% growth for the rest of his presidency I'll be one happy man.

Google and Microsoft earnings monday which one do I all in so I don't get FOMO'ed like I did with Amazon.

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Microsoft.

Amazon hasnt posted earnings yet, google is going to miss and it will be a very sad day

I have some 1 year treasuries with ypur name on it.

New to options. What's the downside of buying a call below the share price? I'm seeing higher delta, lower theta, and lower strike price, but the only downside is a higher premium? Why not mitigate risks of the contract expiring (and potentially increase earnings)?

who /bgfv/ here

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A call below the strike will have intrinsic value always and wont expire worthless like one out of the money.

I bought a ton about a week ago. I'm sitting pretty but who knows what will happen tomorrow. Either way, I'm happy to be long on GE. It's ultimately oversold, whether the market reacts that way immediately or not.

Reminder to buy BP and XOM in the coming years. Renewable energy is the future.

I see. I think I was confused then - "out of the money" calls have higher rates of return but are riskier. Then that means a call below the strike price is instantly "in the money," but is only a loss until it breaks even. Do most people make "in the money" or "out of they money" contracts?

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Anyone have the Jow Forums required reading infographic? Would appreciate it thanks

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Prepare for some action tomorrow in the marijuana sector. Things are picking up momentum in the US much more rapidly than I expected. It seems that Jeff Sessions did indeed inadvertently accelerate political action on this issue. The democrats are now starting to make moves that indicate they may run of a platform that includes federal legalization in the 2019 election.

Two stories were reported today; 1. Senate minority leader Chuck Schumer (D) has gone on record saying he intends to introduce a bill to remove cannabis from Schedule I. 2, Bernie Sanders is co-sponsoring a federal legalization bill now. The Schumer thing is realistic. The Bernie thing is premature and will fail, at least on the first attempt.

forbes.com/sites/tomangell/2018/04/19/top-senate-democrat-pushes-bill-to-end-marijuana-prohibition/#32dbaac96051

Obscene amounts of money to be made from this. Once this thing picks up enough steam it will be unstoppable.

Personally I don't care at all whether weed is or is not legalized. I very rarely use the stuff. My interest in the sector is money. This is potentially the biggest bubble I have ever been in a position to capitalize from near the ground level.

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If you want to exercise the call ifs best to buy in the money, if you want opportunity for more gains on the option value then you can buy out of the money and hope for a reversal in your favor

>the biggest bubble I have ever been in a position to capitalize from near the ground level

do you know where you are?

also, spot on about Sanders, everything he touches seems to turn to shit. And you might not want to be so optimistic about MJ getting rescheduled: theatlantic.com/politics/archive/2016/08/dea-marijuana-schedule-decision/495458/

Left wingers talk big game to appeal to retarded single-issue stoners and swing lolbertarians, but nothing will be rescheduled.

>do you know where you are?

I was very late on the crypto thing. This one I think i'm early.

Don't be so sure about the rescheduling. It depends on the how the elections go this fall, what kind of numbers the dems ultimately have to push it through, and how many republicans they can pull votes from. Sessions' thing brought out a few from the GOP side crying foul as well, mainly from the position of protecting state's rights.

>do you know where you are?
I know that one of the new blockchain coins will inevitably take off, but I can't wrap my head around how many people are just blindly throwing there neatbucks at shit to see what sticks. This reminds me of a couple years ago when everyone was trading the McAfee stock and its not like the company was actually doing jack shit, it was just like, McAfee was this godly figure in all the shitposters minds and everyone was awaiting 'enlightenment' or something so he could take them to the moon. Maybe I'm out of touch or out of the loop, but I feel like I understand this side of the market to make money regularly Crypto is like buying lottery tickets. I maybe have 5% of my portfolio in bitcoin just for the hell of it

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BUY AMD

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I actually will tomorrow. moving averages look pretty good for the month and seems like some solid gap up potential in the short term. hafta watch for a good buy in

Whats a weed stock worth buying though?
Last time i had a look the hype was already priced in.

No.
I held for the first half of 2017. I've had my run, and you've picked up my bags. It's your turn to carry that weight now.

Nice premium for selling puts right now.

>business barely treading water for years
>gets pumped to the moon on the back of some intel fails
>now overpriced at >300 p/e despite being in roughly the same position against intel/nvidia as it was 3 years

I couldnt believe my eyes when i had a look this year thinking i could make a buck based on Ryzen 2 leaks. All these famous tech stocks are bloated as hell right now, but at least most of them have the success to back it up.

I aint touching AMD unless it dips back to $3

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You're right about the large caps, although i do think ACB, APH, and maybe CRON can 2x this year. Moon missions will be the domain of the secondary companies, things like grow equipment/greenhouse, vaporizers, chemical extraction (oils) and so on. A lot of those are still in penny stock territory but have deals in place with the large LPs.

Why don't you buy some $3 leaps then? Cheap as fuck right now.

Im still too new to this to play with options.

Id hop on if there was some real value player on the board. The fact they're all competing with each other as well makes me nervous.

Every 10 years. 1988, 1998, 2018, and then this year. This is just a tiny correction, right?

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dead cat bounce maybe

6 more hours boys

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