/smg/ - Stock Market General

Crazy Glue 2 edition

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

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Other urls found in this thread:

streetinsider.com/Corporate News/Carver Bancorp (CARV) Says it Hasnt Taken Any Corporate Action that Would Explain Trading Activity/14210503.html
twitter.com/AnonBabble

Give me another one like SDRL or CHK to make fucking money off of or fuck off.

If youre in CARV get out tomorrow lmao


Carver Bancorp, Inc. (the "Company") (NASDAQ: CARV), the holding company for Carver Federal Savings Bank, has noted increased trading activity in the Company's stock. While the Company's general policy is not to comment on market rumors or speculation, including market activities, the Company confirms that it has not taken any corporate action that would explain the trading activity and is not in possession of any material, non-public information that would prompt the trading activity. Further, to the Company's knowledge, no insiders have sold or acquired any of the Company's shares recently. The Company is committed to working with regulatory agencies and professionals to insure a fair and efficient market for its securities.

who the fuck bought shopify?

Attached: shopify.png (180x180, 5K)

Nobody that app is shit, and the stock is overpriced.

Cashed out 30k today for the down payment on a swanky downtown condo. Feeling very comfy.

up 2.6% today

Buy NWL
Summer is the discount before school kids and stuff buy elmers glue

They are using it to make this goo shit now too. Its like fidget spinners all over again.

>swanky
how old are you

For a feature segment for the smg weekly podcast, I'm going out tomorrow and interviewing dumb college kids about investing.
What questions should I ask them to get the best material?

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25

ask if they are going to have Pets or Kids

HMNY and RIOT will unironically make all those with strong hands rich. There's going to be a lot of blood for sure, but that's just fuel for the rocket to the moon.

lol no, fuck that.
It's, like, not even 3 months since IPO.

Oh fuck lol where'd you get that?

Heard some stuff from the CEO of my company yesterday that was very insider info.
Sitting on 5k of stock from ESPP that I almost cashed out a week ago and I'm now super happy that I didn't.

so i accidentally'd my whole settled cash today

but it gave me time to think about something. obviously, vol has calmed down a bit. for whatever reason it hasnt returned yet, but i was thinking of a non idiot way to short VIX.

basically, rather than getting on the leveraged rollercoaster that is UVXY, you buy up 100 lots of SVXY. when vol starts to pop (making the IV on the ETN pop) you sell covered calls against it. if it looks like were getting another volpocolypse, you can always get a protective put too. but failing that, it should be a relatively foolproof strat.

anyone see any logical flaws in this? obviously low return, but i mean thats kinda the drawback with these "safe" strats

Ask if they believe married couples should share their finances.

If they say "yes" ask them why, and really press them for an answer.

it actually IPO'd about 3 years ago now. will be 3 years on may 22

>if it looks like were getting another volpocolypse, you can always get a protective put too.
The put would be extremely expensive from IV tho, right?

I bought BABA biz, am I done for?

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i mean thats like ABSOLUTE worst case scenario and it looks like the ETNs gonna get LIQ'D (which may or may not be possible now thanks to SVXYs deleveraging)

showed up on my IB newsfeed, thought it was hilarious

streetinsider.com/Corporate News/Carver Bancorp (CARV) Says it Hasnt Taken Any Corporate Action that Would Explain Trading Activity/14210503.html

That is 100% incorrect.
Are you sure that you're thinking of SPOT -- Spotify?
They IPO'd just a few months ago, after doing some kind of wild convertible debt to equity deal for quick marketing growth within the last year

yeah it shouldnt be possible.
it was when it was -2x VIX
but now its -0.5 VIX. worst that can happen is that it crashes down 49.999999999% in a day. fuck, thats better than most of my options plays

I don't have much time for it, but I'll go out and film tomorrow

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holy fuck please ask them about shitcoins
we need more material to poke fun at cryptokiddies

Lmfao, trolled nicely. Read the file name carefully

Hey shit I'm dumb. Fucking nicely played.

vol is down and the market has been trend-less for a long time. after a long listless period, the market will go with the path of least resistance, which, historically, is up. to go down and break the long-term trend, there must be a reason. absent a compelling reason, listless markets return to uptrend

CEI

>thanks to SVXYs deleveraging
What are you talking about? I'm pretty sure it was never deleveraged.
After the VIXplosion, XIV was delisted because they either went below 0 or felt bad about investors that got screwed.
SVXY's backers, on the other hand, were like "Yeah, it did what it's supposed to do. Shit sucks, but it's on you." I think some dumbasses tried to start a lawsuit, but there's no substance to it. kek

Ask them if the means of reproduction should be seized by the state and redistributed to the people. If they say no, ask them why they're okay with incels shooting up schools.

>after doing some kind of wild convertible debt to equity
how do i buy this?
ive been fucked by convertibles before on AMRS
i wanna wield that power

no my dude, pay attention to what I said

oh my fucking sides

no SVXY is definitely deleveraged now. it wasnt directly afterwards, but it is now i assure you. i was just looking at it. kinda bummed as its options were way pricier when it had the lev

kek. everyone gets them conused so i thought id fuck around a little. even andrew left, when he came out with citron researches report shorting Shopify, on the headline of their first article, they mistakenly called it "Spotify"

trips demand this

You're doing God's work there Mr. Comf cannot wait to see this

When the fuck are my Telstra shares going to go back up?
I'm basically just holding out for 5G at this point.

They are too fucked to come back. At least SDRL was sitting on billions of dollars worth of assets.

when the reverse split happens and no sooner

Ask a girl if she knows what a short squeeze is.

The what?

kys

B A K A
A
K
A

Added
excellent
I have to go wage cuck now, but I'll try to get the "documentary" published by wednesday!

dis gon b gud

Oh shit, you gotta ask them something about savings accounts or cryptocurrencies.
Savings accounts don't outpace inflation and nobody seems to fucking realize that.
There's so many brainlets out there with not a fucking clue about how economics or currencies work, even in my own fucking company.
>"I want a cryptocurrency that I can just buy and hold for 5 years and forget about"
>buying cryptocurrencies that pay "dividends"
It's the most brainlet shit out there.
Then, whenever I confront them about how absolutely stupid these ideas are, this one fucking dumbass will say
>lol let's all just admit that none of us understand how cryptocurrencies work
I also hate the kikes that go
>Bitcoin is a meme but the (((blockchain))) will actually be useful

I'm obviously the inflammatory autist of the group

futues in the red
Nikkei Gap down imminent. Its a sell short term

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anyone else thinking of buying HMNY tomorrow?

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Should I just fomo into oil? BTE and OAS havent mooned yet.

Fuck no, their stock could suck it up even more until like 0.20

Why the fuck would I want to lose money on that retarded shit. I want another fucking SDRL or CHK

Tomorrow may very well be the best time to buy in. There's still a good chance of it going down to $0.25, but we could damn well be hitting he bottom tomorrow before the short squeeze. Besides, if you have strong enough hands to hold through a 66% loss, it wouldn't even matter when you bought in. It's definitely going up to $7 before the end of the month.

>Bitcoin is a meme but the (((blockchain))) will actually be useful
im unironically one of these kikes

i think this iteration of crypto is doomed to die a fiery death. this iteration will NOT be the one that ends up replacing currencies. however, after BTC collapses and the alt/NEETpocolypse happens, there will be tons of people trying to use the tech for SOMETHING. and so a couple of years go by, blockchain becomes commonplace tech that everyone accepts. THATS when there will be a serious concentrated effort on making a stable currency thats backed by the tech.

as it stands now, a couple more spikes and horrendous dips, and ONE big crash will be all it will take to shatter an already stressed out market imo. at that point, the bankers will deliver the final blow and itll be like the IMF w gold.

but really, when in the history of any invention/idea ever, has the first iteration been the one that succeeds forever

Kek that's great.

>trolled nicely
Trolled nicely indeed.
Yeah, I'm holding SHOP right now.

Looks fucking good, senpai

I'm going to look into that.
I'm still skeptical.

>everyone gets them confused
Shit sucks, senpai

Kek that sounds glorious.

could you... uuhh.. like.. include previous thread in the OP? thanks

I think coffee futures are the play these comming months. It should start going up due to hawaii shenanigans

Ok buddy, end of the month isn't that far away.

>I'm going to look into that.
>I'm still skeptical.
i mean i think youre correct about them being able to throw out lawsuits etc, but im pretty sure either the SEC, or the fundmanager was like "huh, maybe we shouldnt 2x back our ETN on a thing that can triple in minutes?"

the surprising thing is that they got away with it for so long

comfy doesn't even know what a short squeeze is tho

too poorfag to play futures
is there anything/any ETFs optionable? ive been doing alright on all of my seasonal plays (corn and oil). dat inflation

shits a pain

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this is entirely beside the point
the point is to see comfy ask women what a short squeeze is

What's even the benefit of blockchain itself? It doesn't seem like it could really be used for anything. Obviously that's how a lot of great tech starts, but I really just don't see the potential of it actually becoming useful. Bitcoin is going to stick around for a while, but that's just because everyone thinks of it as the original cryptocurrency and an easy way to make money, rather than it actually having any real use. Also calling $36k by January.
Yeah, shit's going to happen fast as fuck. Up and down 100%s in just a couple weeks.

come on teh profit do the golden bull dance
like so

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yeah but when they ask what it is then whats he going to say?

>but really, when in the history of any invention/idea ever, has the first iteration been the one that succeeds forever
That's a good point.

>there will be tons of people trying to use the tech for SOMETHING
There already is. That is literally right now. And it's not useful for shit. Anybody that tries to use the shitty alt-coins for what they claim to solve will see this.
Back in 2013 in the Mt. Gox run, it was just a fuck ton of currencies with no differentiation between them aside from the name and logo.
This current run has various spins of the tech -- thus all the stupid white papers packed with buzzwords.

hodling shopify since double digits (canadian version) not selling till 2023

>Ask a girl if she knows what a short squeeze is

"yeah, like literally, its when, like, that creepy indian dude on the bus grabs your boob, and squeezes it really fast, like half a second, literally, then runs off"

BJO

Not tons of volume though

>What's even the benefit of blockchain itself?
oh holy shit a bunch of stuff.
form encrypting and transmitting data, to the next level of user forum/imageboard, to kodaks idea of getting artists paid for their IP, thots/camwhores getting paid on a coin based website. so many fucking ideas. the problem is that everyone is focused on making the coin (mostly so they can just exit scam etc) and doing that aspect, or worse, some billion dollar NEETs pump the thing to the moon, it crashes and then youre stuck with a good idea on a dead coin. so many of these crypto ideas would be better off (and probably more profitable) sans the crypto coin aspect of it

>yeah but when they ask what it is then whats he going to say?
again. missing the point.
the point is the spaghetti that will be spilled. it will be tremendous

>This current run has various spins of the tech -- thus all the stupid white papers packed with buzzwords.
thats the part im saying it needs to grow out of first. theres good ideas that get drowned on shit coins. its gonna take a few years before everyone forgets and it goes back to being legitimate in many peoples eyes (which is the thing that a currency/tech/idea needs more than anything: legitimacy in the eyes of the public)

What happened to the Walmart hype?

i cant dance m8
its no use

No one cares about comfy, give me better picks.

Dish network

>What's even the benefit of blockchain itself?
Exactly.

First, it creates an immutable write-only database. Which can be done other ways much more efficiently.

Second, you can use it to perform transactions in which neither party trusts the other
This is rarely ever necessary.

However, the technology requires an incentive (currency pay-out) for keeping the show running. A consequence of this is that blockchain technology is really only applicable when used in a currency.

im gonna write covered calls against SVXY when vol spikes. if vol continues as normal, it should give me a couple percent a day on the stock, and i can squeeze a couple extra percent out of the trade when it moves against me via the covered calls (which will have inflated premiums due to high IV). worst case is the stock gets called away (which is fine by me)

>However, the technology requires an incentive (currency pay-out) for keeping the show running
this is where i think that the seperation of the two ideas (blockchain and currency) is gonna be crucial. theres certainly other ways to keep the lights on rather than transforming your tech into some depraved asset class

>again. missing the point.
>the point is the spaghetti that will be spilled. it will be tremendous
he should still know the answers to the questions he is asking...

random questions brah: in 2140 after the last BTC is mined (i know the difficulty will be insane and it ill take a long time) where th incentive to keep the netwirk going? miners no longer get payouts, why would they keep the network going? will it die? or is this irrelevant because sometime in the next century someone is bound to crack the codes of BTC seeds and be able to hack into dead wallets that have been dormant since 2010? that would make it irrelevant also.

DRYS
I heard they're getting bought out by CARV soon

CARV $20 tommorow

Cap this

Futures mooning now
We did it!

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hmm
now im really thinking. lets say im doing this SVXY thing. vol starts to pick up, i write some high IV cocksuckers ATM (or maybe a little ITM). then i turn around and use the credit to buy OTM calls on UVXY, which due to its 2x leverage, will outpace the rate of SVXY. then i sell the calls on UVXY when the vol is calming back down, and use my gains to buy more SVXY. rinse repeat. basically get myself free calls for UVXY, rather than using real money on them

Why is CARV going up?

>where th incentive to keep the netwirk going?
I believe all transactions will require some kind of fee to the miner, like at the peak in December -- it cost something like 20$+ to make a transaction. That extra cost was in pay-outs for the miners

>again. missing the point.
>the point is the spaghetti that will be spilled.
This.
comfy doesn't have to say anything about what a short squeeze is.
You'll get to hear a vapid cunt giggle and say something atrocious. What comfy understands about short squeezes is immaterial here.

>rather than transforming your tech into some depraved asset class
If only.
If any project is able to use the blockchain without a currency, it would restore some of my faith in humanity. I have yet to see such a project tho.

>If any project is able to use the blockchain without a currency, it would restore some of my faith in humanity. I have yet to see such a project tho.
then keep it in mind. youre more savvy than i am with tech of all sorts. i guarantee that this is where the moneys at (sans if youre just making a coin to do the ol' pajeet exit scam). the digits weve both been getting about this strengthen my resolve and my boner

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we memed irresponsibly

leveraged volatility options lol just give the money to charity

SVXY is actually inverse VIX and its been deleveraged to -0.5VIX
also im writing the contracts

where is your god now?

>leveraged volatility options lol
I was kind of thinking this desu

meme magic

Buying more SDRL, might as well take my chances until this shit hits dollar.

oh i get it, you were talking about using the credit to buy options on UVXY
my bad

that was just an idea that popped in my head
the primary reason i was coming up with this is because i wanted to find a safer way to short VIX

I'll take it

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Was there some news, there doesn't seem to be a reason.

lost 6.7% today. fucking CSCO
ive learned if you just relax and push out like youre taking a poop, it doesnt hurt as much

people with enough money can just write contracts and mangle futures any which way they please. thats why they get so weird all the time

Thats true, most of the big moves this year have been future blind.

I put $1000 in a lifecycle fund. maybe that triggered the bots?