/smg/ - Smash Market General

Just 3 contracts, but excited to finally be back in the green if this goes right.

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5/11? Damn that's close I gave till July 20th

I think I'm starting to enjoy this new meme.

Damn fellow coinfags I went through the books and it turns out I made a -99.999% gain last year on my stocks, what an insane bull market!

I bought at $13.90 yesterday afternoon for .15 - couldn't pass it up. Just wish I bought more. Guessing it'll open around $14.40 (.40?)

I bought SOXL and SPXL end of yesterday. I'm feeling irrationally exuberant today.

New paradigm by Friday!

I’m 5/18-8/4

To 8/17. Still early.

I honestly think /smg/ should create a coin and shill it to coinfags because they will literally buy anything. Then we exit scam them.

We could use coingen to make it.
We just need a sick logo and name.
How about we call it VIX? And the logo could be a red arrow facing down and to the right?

I agree with that I bet it will dive on market open for a few though as some ppl get out more go in and we make gainzzz. That's my guess

I went from July 20 to Aug 18. And one fomo in Jan 2019 just to see (theta makes a HUGE difference)

Then mention it has something to do with screwing over "boomers" and it's game on kek.

Need to open above 2685 for true bull
Very short bias today!

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Morning all

Absolutely, yesterday I made 7% on day trades of LPI and MRO. I'm looking forward to another day of green.

Then we can all go out screeching during AH "Why haven't you bought VIXcoin yet? You're not a brainlet boomer like Buffett or Gates, are you?"

Are those Japanese clouds that I see? Dank. I need to learn how to leverage this new meme.

Same menu for the past few weeks. Long oil, short bonds, short gold.

Convince me not to short TSLA

Fingers crossed. Markets love the prospect of war, get a Uso call going too! And more dick charts I kekked so hard at work I had to show my normies coworkers

You can't short a meme. You underestimate how stupid and gullible Californians are.

Musk owns 20% of shares after buying more following the earnings call.
Short interest is at 33%ish -- possibly the most shorted stock out there.
If you're up for getting squeezed though, go for it. I'd personally wait for it to start popping from the squeeze first though if I were you -- like we're seeing with P and GPRO.
I'm personally holding a few TSLA shares with the intent of profiting from a short squeeze.

"The market can remain irrational longer than you can remain solvent."

Cmc might be promising, scrap metal season is coming up what y'all think I might get a call on payday.

To clarify I would not be shorting naked but rather buying puts

get off your high horse, your stocks and options are as worthless as crypto

First

so long as youre good for total liquidation of one of those contracts (to big for my tastes or id be right behind ya), i say fuckin DOIT. if one contract isnt too much risk, just think of the reward if it DOES fall.

Dumbest comment of the day, your altcoins will end up worthless and you will be broke.

non-dividend paying stocks are greater fool just like crypto

T. Pajeet

>your stocks and options are as worthless as crypto
No. The US dollar is as worthless as crypto.
Stocks are literally ownership of part of a company.
This is why stocks pump so hard under hyperinflation -- they maintain their inherent value even as a country's base currency is intentionally depreciated.

10 Year auction today boys!!! Will we see a surprise 3% coupon? Consensus is 2.75%, though I'm thinking we might see 3%.

When I trade non-dividend stocks, I just buy something I'm really hyped up about with the hopes that I can sell it later to some one who's even more hyped than I am.

it IS incredible the amount of money that just goes POOF cause of those things. id argue long options are actually riskier than a lot of alts. but the reward is comparable. but options markets arent nearly as manipulated as most alts, even with the MMs taking dollars instead of cents

but i would say us options slingers are definitely the cryptokiddie bunch of /smg/. i can live with that

AMDA

oh shit, fed is shitposting today at 1pm est

We're going to see 4% within the next year.

Prophet, I responded to ur question in last thread up top about my calls (2 job working poorfag) i fell asleep. I think natural gas after oil season for winter gainzzz and maybe ride the xmas shopping season via tech. Not sure though. Oil and ABX have saved me past few shitshows

Call it Boomercoin since they call us Boomers all the fucking time, but honestly I think you could call it Scamcoin and they’d still buy it.

>The US dollar is as worthless as crypto.
Stocks
I would argue crypto is even more worthless because you have to convert it to currency to even buy anything, unless you are buying drugs or children online.

Well thats definitely way safer, I think its just good to remember that Tesla has a cult following that allows it to maintain its ridiculous price

No, that's the 10 year auction. Bostic is at 1:15

But is this the "magic" 3% threshold we haven't seen for almost a decade? I'll agree that a 4% coupon is entirely likely by July of next year.

rully?

what is it? a minutes release? or another meeting?

word
do you have a good resource for seasonal plays? i want to add it to the library

Is it really this easy? We just trade oil up till the summer then switch over to nat gas for the inevitable build up over the cold months?

They would definitely buy boomercoin just for the irony.

OOOH FUCK
i forgot i was shorting papa johns
FUCK YAH

if we see 3% on the 10yr, thats gonna mean total destruction of the equities market again. remember last time?

please describe the exact benifits your 'ownership of the company' gives you.

Yeah buddy, let's hope for a Papa John's to tank today.

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anybody else here trade forex at all?

Or is it just all equity memes

Oh fuck I'm conscious again. While I can FUCK GPRO! Looks like my gold short s going to be comfy today. I need it because I'm hurting here.

When I feel like flushing money directly down the toilet I trade 5 minute forex binary options.

Depends on what equities we are talking about and the time frame. I plan on finishing trading by 10:30 today. AMDA on watch for continuation.

This one might be a little tough for you since you can't even spell 'benefits'.
en.wikipedia.org/wiki/The_Wealth_of_Nations

Usually you get to vote at shareholder meetings

Unless you own SNAP kek

is dat john?

and yeah, i dont see how itll do anything but go down. still absolutely no PM volume. something tells me there will be a lot of market sell orders at the bell. the folks trying to use limits are gonna get trapped for an UGLY leg down

>Depends on what equities we are talking about and the time frame
check the major indexes the last time the 10yr yield was above 3%. almost everything went straight down ALL day.

lmao im not doing that shit

I just trade purely based off TA on the daily charts, seems to work really well, nothing Trump does seems to make too big of a change like it can tank the equities markets seemingly every week

>nothing Trump does seems to make too big of a change like it can tank the equities markets seemingly every week
i think we successfully LIQ'd all the idiots that were jumping on every trump tweet

Isn’t crypto private companies though?

I actually don't, I'm going off of intuition. I know it's insane. but after 2008 (I just started working career then) I vowed to never get rekt again and have watched market/ME ever since. So far 4/5 accuracy. My buddy at monrovia asks me about resource based stocks regularly.

Yes that is John's greasy drunk ass.
Yeah I was usually really drunk and bored AH when I used to so it. It usually ran me on average $250 in losses. I stopped doing that, but it was fun as hell because it's literally gambling.

smallcaps/microcaps not indexed into a big index. I remember 2 weeks ago man. It wasn't all bad; there were some advancing stocks, but not many.

God, SNAP is such a shit company. I should just iron hands short it to death.

What a bunch of ugly mutts.

I think there was a couple of anons talking about trading forex late last year. Sounded like they were making decent gains.

commenting on irrelevant typos, then linking to a 200 year old book as an answer to a practical question regarding the contemporary state. classic boomer
does it actually make a difference unless you hold a significant % of the shares?

I think so, trend has been gas rise for summer, then lowers during fall because ppl buy heating oil in bulk, they love to sell it in bulk because it's easier so they give us a break during winter. So my guess is they make most in summer then coast through so they can sell heating oil at "cheap" price. After past few winters ppl been crying about heating oil so they have an image problem now as well. (Joe4oil etc)

if i find a resource ill post here and upload it to the bunker.
im interested in getting into more of these seasonal plays with long options. /CORN/ has worked out great thus far.

good point
i forgot you were a smallcap guy

>classic boomer
I knew it, coinfag confirmed. Go to one of your containment threads to circle jerk the newest pajeet scam.

Also scrap metal usually spikes up mid to late August so I'm gna look into that soon (used to scrap for living 8 yrs ago)

> containment threads
this thread is containment for stockers since this board was overrun by crypto, if you haven't noticed

i wonder if john is gonna be selling today too?

>scrap metal usually spikes up mid to late August so I'm gna look into that soon (used to scrap for living 8 yrs ago)
kek
i used to do that a while ago too, but the prices fucking collapsed near me

Yes it does

>Please explain to me why I would want to own a company
Well I don't know user... Why would anybody want to own a literal money machine?

No really, if you buy all of a company's outstanding shares, you own the company. This is how buy-outs and hostile take-overs work. One company literally puchases 51% of the shares of another company.
You can fire the CEO and install your own into the company -- yourself.
Their profit is literally yours. You can put it all in your pocket -- this is called a dividend.
You can do whatever you want with it. Fire any employee. Make the strategic calls about their products. Lay everybody off and take out enormous amounts of debt in their name.
The company is literally yours in the exact same sense as a start-up that you personally founded on your own.

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He got cucked out of his own seat in the company. For barking at a bunch of chimps in the NFL. I'm sure he's dumping.

hey guys,
im the user with 600k€ invested in the market. I asked for some advice, as I was getting 3% / year and teh profit advised me to check about REIT's.

My bank has 39 index funds, 13 ETF's, and 69 stock options in the REIT sector.

Are these some of the stuff you guys were talking about?

>Janus Henderson Horizon Pan European Property Equities Fund A3 EUR
>NN (L) European Real Estate - X Cap EUR
>AXA World Funds - Framlington Europe Real Estate Securities E Capitalisation EUR
>Parvest Real Estate Securities Europe N-Capitalisation

Didn't quite like the ETF's and stocks performance over the past few years.

Are these good options? Should I stick to index funds only?

that's only true if you hold a significant % of the stock. if you're a small shrimp the fact you hold 0.0001% of the company has no practical implication

You have 600k and you're coming here for advice? Congrats on the 600k by the way.

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Try opening the book. Read the words inside. It explains some phenomena that happens even today. Like imports, exports, bonds, trading, cost of living in a city vs. the rural countryside... The underpinnings of trading, tariffs, monetary policy...
Try reading it.

Unless you're a commie. I'm sure there's a helicopter nearby that'll give you a ride...

Good ill check it out haven't been to bunker yet but got the link. Corn should be good, I used to work on massive blueberry farm In maine, and the trends you were talking about are definetly correct, late July to mid_late August harvest. So subsidized that paying private farmers doesn't hurt the bottom line. I wish I could invest in that place, oxford frozen. (We did global market biggest supplier out there)

Trying to teach a coinfags stocks is like trying to teach a fish calculus. Just ignore and move on.

well, I know that the banks I've invested the money in invest in the stock market, index funds, ETF's etc, but their fee is very high. A friend invested in REIT's through his bank and they are taking 4% in commision fees.
Mine only takes 1%-2%, that's why I'm only getting like 3%-4% in returns.

Lol it was comfy 6 to 9 years ago holy shit the copper piles I sold.... good times, I bet well see new highs over next 3 to 5 yrs. Especially now that the 3rd world's expanding lol

They made that book into a movie, you can watch it up on youtube.

Wait? What? Seriously? I just finished it in March.

hahah
for the take an knee stuff? is that what made them lose the NFL partnership?

gotta say, on one hand i understand how some people saw it as disrespectful to take a knee during the anthem (people get butthurt about that kind of shit), but on the other hand, folks always get pissed off when blacks do ANYTHING to stand up (and usually, rightly so, as its usually a bunch pointless rioting and destroying their own neighborhoods). but the take a knee thing was so tame, by comparison. yet it caused an even LARGER reaction.

dat MLK was a smart fella. peaceful resistance ruffles SO many feathers. too bad the CIA fucking shot him

corn has its run from april to mid june, so im about ready to move on. i got a put or two hedged against my calls right now because i think it could pullback a little. if it does, you should get on

Why don't you try actually answering the question instead of writing that whole irrelevant speech.

>checks statute of limitations
kek, i remember GUTTING this old abandoned hospital a couple towns over. made like 10k between a couple of us in a night. that shit is so fun. i honestly miss being a degenerate sometimes

That definitely led to them losing the NFL contract and now pizza hut took their place.

Good Morning everyone. Thinking about shorting Papa John's. Anyone here have a price target for today? Thinking on doing a small position so I don't get Bogged.

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