/smg/ - Stock Market General

they mean a little more on Sundays, because it could cause a weekly candlestick gap

>TFW was planning to work on my RNN ML model this weekend, but ended up getting drunk and trolling newfags on /b/ instead

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>telling the autist posting in smg on sunday afternoon that he's not excited enough about futures

Whoops, wrong image. Meant this one.

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yeah I got a few of those
They work but Im too tremendous to daytrade

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I think you're going to carry that weight. They're in an upward trend for the year. What's your timespan?

>They work but Im too tremendous to daytrade
>what did he mean by this

Reminder 2 short SPY monday
Also buy Walmart

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>Also buy Walmart
Oh yeah, some fag on Reddit got super burned by WMT. Could be in a good position for a rally.

thanks for buying my walmart bags

Can you guys feel it? This is going to be HMNY's week. First a flash crash to get those shares extra cheap, then a short squeeze followed by a FOMO bullrun. We're all going to be so rich.

I'm sticking to my strangle.
They will go bankrupt if they don't do equity or debt based financing.
I'd be optimistic if they choose debt based financing.

weekly earnings gamble

Gona get rekt

>weekly earnings gamble
Oh, I see.
Good luck with that.
I'd recommend checking out the short interest and the open interest in puts and calls to see whether there's any chance of a squeeze in some direction like we saw with GPRO last week.

Absolutely DO NOT forget to buy Junk bonds this week, sell them next week
Free money

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i'm watching oil and gas.. could see GBR run or maybe even CEI

fucking LOL
>China Trade War haulted
its haulted guys, Golden bull is back on

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>CEI
Comfy, teh_profit, and I came up with a thing we call the retarded money index or faggotry flow index, and that company was at the top.
There's a fuckton of Robinhood users in on that and almost no institutional money.

>Free money
How so?
Fed shitpost play?

>how so
junk bonds pay dividends the end of every months and theres a systematic run up the week before everytime

Short float 10%, call vs put ratio in favor of calls, at least for the 5/25 expiration. And it just feels similar to the "beat earnings and crash anyway" pattern we've seen the past month. I dunno, I'll look more closely at the numbers over the next couple days

i don't really give a shit about the company

NO
Walmart $100 eoy

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you arent holding that to the end of year

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>theres a systematic run up the week before everytime
Ooooohh. Fun. What tickers are good for this?
I'm very skeptical that this pattern hasn't been exploited sufficiently to break it.

>i don't really give a shit about the company
I'm sure you don't. I definitely don't either.
Just saying it's a similar company to play as SDRL from what we found. So, playing it could be a game of chicken / pump and dump.

>dunno, I'll look more closely at the numbers over the next couple days
Sounds like a good idea. It does seem like a beat earnings and crash anyways case from what you've said.

>you arent holding that to the end of year
Kek. This.
The only shit that I'll hold off and on for months is tech-y shit

I do NBO
but I guess you could look at JNK or something
ex-div can be on the 25 - 1st, keep that in mind

and bonds have no games played like the forex or stock

Kek
Me not even have enough free money for buy Walmart
But it still good advice !

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>NBO
>JNK
idk man, that shit looks pretty hard to time.
I think I'd be better off buying a solid dip than trying to time it

>O, btw, I'm not even going to hold WMT
Kek.

they already had a solid dip
theres no losing here

Only 5 more minutes until the legendary next GoldenBull phase

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>theres no losing here
Kek.
Why you trynna push this shit, m80?
I just realized I don't even see Div/yield for NBO, but I see about 5.9% for JNK.

Nigger

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Prepare your anuses!
Just a few more seconds until the dawn of the golden bull!
New paradigm by sunrise Monday morning!

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NBO is a high yield non-muni bond fund, its 4% yield non taxable
Its based as fuck and its the next bitcoin

Exactly, buy this while its low

HOLY SHIT WE ARE MOONIG

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Kek.
Yeah, that's not a moon mission.
If you buy it at a 5 year low though, you're highly likely to turn a profit sometime within the next few months though.
Check out Zynga or GSK too.

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Oh, holy shit. You weren't kidding. Our memetic powers are dangerous.

>its the next bitcoin
Kek. You're probably the root cause of that faggot that was spamming "FUCK ALL OF YOU" on Friday evening. Either you or me.
I genuinely can't tell apart some of your shitposting from your genuine advice.

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good fucking christ!!! better than sex my lads. all of the money i put in during this shitty first quarter might actually have been worth it

>coinfags BTFO
This is one small step for man, one giant leap for mankind.

Anyone else hear fapping?

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Based trump ended the "Trade war"
2017 golden bull is back

confirmed

eur usd down 0.01%

here we go again, another week of purgatory of dollar indebted countries

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I wouldn't start partying yet. My 401k and investment dudes said not to get comfy until mid 3rd quarter. There's still some hills left on this rollercoaster. The end of the fake trade war with China will definitely help, but there's still some shit that needs to be dealt with before any serious bull action can take off again. The big red flag right now is oil. Are all of you youngfags who don't remember what happened the last time oil went sky high? The thing to worry about past the impact higher oil prices have on the economy is you know Trump is gonna pick a fight with OPEC now, and the market will shit the bed yet again. I'm hoping not, but that's probably what's gonna happen.

WMT is in a strong down trend.. its a 250b market cap with alot of sell volume at start of fall.. going to be awhile to turn around imo

I'm banking on Ross. Those stores are unkempt as shit and messy as hell, but they do very well.

>holding tvix over the weekend from 5.06
OU NONONONONONO

don't worry i'm sure we'll close down 1k

>Are all of you youngfags who don't remember what happened the last time oil went sky high?
Yeah. The housing market shit the bed as a result of credit swaps and CDOs falling apart.
Oil is scary but America has fracking now and if OPEC keeps pushing it, Texas will overtake California in economic output.

>alot of sell volume at start of fall
>sell volume
Puts?

>holding tvix over the weekend
Well there's your problem, senpai

>Metals still going down
commies rekt

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can someone rationalize why most car makers are trading at incredibly low P/E?

is it rising interest rates/late cycle/chinese competition or what

I have no fucking idea what half the shit is you guys are discussing but I wish I did and I'm happy it seems like you took advantage of a good opportunity

I think people dont like them because of the government bailouts

Auto sales are trending downwards. They flooded the market with easy financing, and it's getting harder to find new buyers. It's incredibly easy to buy a car right now, and they're struggling for sales. The last time it was like this they did the cash for clunkers program to destroy the used market and drive sales to low end new cars, and they flooded that market.
This is basic level stuff. If you're investing, or starting to, this is the easy, low hanging fruit you could have figured out yourself with 10 minutes and google.

>I wish I did
If OP had posted the full copypasta at the top of the thread, you might've had a better shot at getting started
Any specific questions?

>why most car makers are trading at incredibly low P/E?
Anything about a P/E of 30 is reserved almost exclusively for tech, semiconductors, and start-upy stuff.
Now, why it's so low proportionally to everything else...
US car manufacturing got JUSTd by the EPA regulations passed by Obummer administration and just haven't been the same ever since having to get bailed out.
EPA regulations still haven't been rolled back quite that well yet.
Foreign car manufacturers are kicking their asses and compete on an uneven playing field.

Also, Ford just cut their whole line of sedans, leaving just the mustang and one other model.
American car manufacturers rely heavily on their line-up of trucks.
I think people aren't a huge fan of buying new cars right now... Perhaps the typical consumer really does have enough wits to realize that cars are a depreciating asset, particularly american ones.

Anybody have a more informed opinion on this?

In addition to car sales being down, used cars last longer than they used to

Also gas prices are going up, which is usually a negative indicator for high-margin cars sold

>My 401k and investment dudes said not to get comfy until mid 3rd quarter.
Are those financial advisors?
I heard financial advisors aren't as helpful as you'd expect.

>cash for clunkers program
I've never actually read into the details of this.
It looks like the program actually ended up reducing new car sales too. Kek.
By the way, I like your posts, keep it up.

For F specifically: Ford's cars basically didn't make any money, all the profits are in trucks and compact SUVs, so the product line shift makes sense. The stock took a dive recently because they've been having production line problems with the F150, which is basically the product that makes them most of their money. I bought calls then because I thought it was more of a downturn than was warranted, but it's not a very large position

>Ford's cars basically didn't make any money
>the product line shift makes sense
I've heard this too.
I think it's roughly what GE is doing as well.
>The stock took a dive recently because they've been having production line problems with the F150, which is basically the product that makes them most of their money. I bought calls then because I thought it was more of a downturn than was warranted
Sounds smart.
Buying off of scandals and nosedives is super underrated.
I'm super surprised EFX recovered more or less from their huge data breach scandal.
I've bought calls on both FB and MTCH on their massive dips.

Cash for Clunkers was a stealth bailout of the auto industry, because nobody wanted GM to go bankrupt right after the bailout and besides, Ford and the dealer network were hurting too. All the environmentally reasons were just a political pretext.

If you bought and held F while that was happening you would have made a whole lot of money. I didn't because I was only doing index funds at the time

Just a brainlet wannabe day trader here, don't understand half the terminology or anything relating to real-world stocks. Only ventured into crypto so far

Any advice on a good way to learn actual useful knowledge for stock trading and investments? I need to learn the basics

Buy SJM Smuckers

Oh shit! /smg/ weekend!?! I can shitpost while I wait on dinner.

Okay but why? Seems like huge dip, what caused that and why do you predict a come back

Investopedia. Or find a book on the basics.

here
>What cause the great consumer crash?
-Rising junk bond yields, because they directly compete with high dividend consumers
-higher transportation costs
-consumers put themselves into big debt to make acquisitions

general mills and SJM acquiring pet food , spent many many billions
Expect a high yield on cost if buy now

>good way to learn actual useful knowledge for stock trading and investments?
I'd recommend just downloading Robinhood, putting money you can throwaway into SPY (ticker for the S&P 500) and then putting a little into companies that catch your interest in order to get a feel for things.
Some people recommend "paper trading" as a wise way to get started. I don't.
There's a tripfag named "teh profit" that is stocking up nice resources on a board we have over on 8ch called /tisminc/
Do a little research whenever people shill you something or you'll get JUSTd/memed.
There's a few stocks we like shilling to noobs depending on how helpful we are feeling.

No like this
No like this

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Kek. Were you still shorting?
You shouldn't be shorting SPY for extended amounts of time.

Time to suck off more tourists for funds.

get FUCKED faggot hahahahahahahaha

The Nikkei will hit 23,000 tonight

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I'm legitimately interested in this now.
I can't find a good means of investing in the Nikkei over Robinhood.
What platform are you using? Or what's with the interest in the Nikkei?

you can trade it on the Nadex or buy EWJ on robinfeels

40k soon

>EWJ on robinfeels
Close enough.
I've added it to my watchlist.

I can see it now
Tomorrow morning my portfolio will open at +1%
Banks and Consumer non-cyclical will begin their golden bullrun

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Oh baby.

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Any predictions on a bottom for WMT?

Short biased because it provides best leverage :P
Also (((pattern daytrader))) force me too

Nuuuuu not tourists! They more like kill me x.x
SPY ... o_-
Y-you t..oooh r-ough

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been investing since march last year and this is the first time i've been excited like this.

>it's going to crash isn't it...

Literally same. Started March 21st.

Never mind. I like your autism charts for pure aesthetics.
>I can’t understand shit about them though.

>it provides best leverage
I'm not sure about that.
You're on Robinhood and calls have just as much leverage as puts

>it's going to crash isn't it...
Nah, I think we got some fair slack to run. Just watch out for the fed shitposts.
If the market is feeling extra greedy in the morning, I'm going to deleverage a fair amount tho.

>I heard financial advisors aren't as helpful as you'd expect.
They're not hand holders, they're retail account managers who I pay to take care of my investments and my 401k and an inherited 401k. They pretty much just reinvest dividends and warn me if some investments are looking bad, I've done pretty well with them, they got me 17% last year, not complaining. I've worked with them for years and don't bother them, so once in a while we shoot the shit and they're pretty open about overall general market moods and what the next year looks like, and they're generally pretty spot on. As long as you don't expect them to walk you through day trading, they can be good for getting a pulse of the market.

realize that you just paid someone to underperform all 3 major indexes last year, and substantially.

stop that. don't do it again

This. It's one of the more bullshit moves by Obama, only topped by Obamacare, which was just handing billions to the insurance company. I knew Cash For Clunkers was bullshit when I found out they were chemically seizing the engines of perfectly good cars, causing all kinds of potential hazardous waste and pollution issues, and the guys doing it weren't told where to put the seized engines, so they sat in warehouses and fields for years. It was a complete waste of money and it gutted the used car market, they destroyed perfectly good used cars with plenty of miles left on them.

And it didn't fucking work. That's the enraging part. Obama didn't do shit during his Presidency for the greater good, it was all paybacks and bribes and he's a bigger corporatist than Trump could ever hope to be.

Fucking pisses me off, still to this day.

Oh, fuck off, memelord. They're set and forget accounts, for the long term, not trying to day trade above the median, you fucking retard. I have a quarter of a million invested for retirement, the percentage I got is fucking FINE, you insufferable douchebag.

I've been out of the game for about a month and a half due to school and wagecucking but plan on getting back in in June. What are some memes? Extra spicy.

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are you upset?

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Teekay Tankers

Is Walmart going to open up positive tomorrow or am i fucked?

that's what i mean dummy. had you just bought SPY set and forget, you'd have made 21.7% last year, on your own. wow dude, i thought this stuff was common sense but you just made me feel better about the path i'm taking. i thought with the internet everyone knew this stuff. i guess that's the real meme i fell for LMAO