/smg/ - Stock Market General

Since nobody else will 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 [Open]
youtube.com/watch?v=SuTTzfa4ePE [Open]

Previous thread

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go back up

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AMD?

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GENERAL ELECTRIC

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When you buy the dip and it's actually the top.

ok now that goldman stole everyones oil memes, its time to go up again

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Happened to me more than enough time

Chad Staircase > all other meme patterns

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Take a look at MRNS
Staircase forming now

progressive

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Crash when?

UUP is the epitome of a chad formation

Shit its falling
Pull the plug

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welp that's it, short all the equities. it's all ogre friends.

Just a little tip, LB (Victorias Secret and Bath and Body Works) is going to have a 7% dividend and its not too late to get in. Its a pretty bad company though but maybe that means its a bargain. As long as your losses aren't >7 its a pretty safe risk. However if it booms you'll have icing on the cake.

>tfw still short TTWO
>yesterday afternoon
>find out ceo is appearing on jim cramer
>stocktwits fags talking about the "cramer bump"
>today
>TTWO down 1%

heh...

more like

cramer slump

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I prefer women who don't wear panties.

God damn Im not really making or loosing any money right now

>pull the plug
I'm already JUST'd pretty bad over here by TSLA. Can't get any worse, can it?

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>TSLA
memes and insane ceo aside, the volatility alone should be enough for nobody to ever buy the stock

You deserve it for buying TSLA

It could be slow bleeding back to the 250

I'm tempted to double down on BGFV shares but I have so much riding on this company

Based Consumers pumping in these hard times

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How much do you guys currently write off on your taxes? Could you write off more? Examples: Gas, Phone, Computer, Office Supplies, Literally anything you purchase for the purpose of accomplishing your work can be written off. If you keep receipts or track purchases you can save thousands in taxes every year.

long lingerie, you say?

Taxes? the women of the family do the taxes, I dont interfere

The women of the family could be saving you more if you would just hand them receipts for all the gas you pump, assuming you both work and drive for work. It never hurts to knock 5-10 grand off your report for the year. Unless you are making millions and thats nothing to you.

I literally do some of the most stupid shit to show losses when it's tax time. Fucking love losses.

USO no
come back

"Yea I bought the wrong size envelopes and then my secretaries dog ate them, a total loss"

"Overhead" is a magical thing ain't it?

AMRS is dying. get out while you still can, lads

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That one is weak.

SNES yesterday was a work of art

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Hey guys hgow come everytime i place a buy order a big red candle follows immediately.

You follow success instead of proceeding it.

Never seen ITM puts as cheap as SDRL 6/15 ones. 7/20 ones are completely normal. Shit is weird.

Looks like a bagholder has stepped out of Uso boys. Move in, anyone find out what happened?
>Buy The DipTM

*preceding, I'm a retard

The algos are always one step ahead of you.

What is a good return of investment percentage to aim for before selling off a profitable stock?

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Who /All time high/ here?

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shill me on HMNY

They're not really cheap, it's just a gigantic spread

Where's that dude who always shills Twitter, is he buying the dip?

That makes more sense.

i would fuck her ngl

Im trying to make a Volume % change filter for Thinkorswim and i managed to do that but is there a way i change it to the Last X ammount of minutes.. Looking for drastic changes in Volume in the past 5 minutes or so

there might be a short squeeze before the inevitable bankruptcy, or maybe not

what dip
its at 33 still

when it goes to 30 its a dip

dont worry. its goldman shorting errytang so they can steal peoples shares. we just broke 52wk high like an hour ago. build positions in the oil and gas exploration/equipment memes

earnings is tomorrow...
you're not trying to dump on us user... are you?

lol so there's zero chance of them staying in business?

>7% yield div bait to drag people into stock before ER
idk if user is shilling us, but it seems LB is

reminder of this latest rumor

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Nothing is ever zero, however, bet your lunch money not the house.

yea pretty much. were in it for a squeeze. some guy yesterday said he was long on them, but most dont think theyre gonna do anything but die and soon

100 shares of amrs here

how legit is this

Not without a massive change in how they operate. I'm really just waiting for the company to completely tank so I can spend an entire day making fun of smug, inexperienced ST users.

interesting. what would a realistic squeeze price be?

surely they will pump in power hour

Anybody else looking at how these GLD balls are cupped by the hand? This is like a lesson in memalysis.

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I don't feel comfortable investing in that without knowing the retardation index first.

Playing with fire user. Reverse h&s pattern about to play out. Take profit if you got it.

yeah
GLD has always been the most manually manipulated assets on Wall Street

not yet

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im not too sure. i was looking to get hopefully a dollar. but a third of the float is short right now. with a little pressure who honestly knows how high it could fly. it really depends on the depth of the bears margins more than anything, so i couldnt tell ya

careful. if FED hikes rates again tomorrow youll be destroyed on the long end. im out of metals, and treasuries till its clear whats happening tomorrow

Friendly reminder there no breaks on XLF

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>careful. if FED hikes rates again tomorrow blah blah blah

How many times do you have to be to0ld

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oh no BBY wat r u doin?

FED minutes release will create volatility in bonds like you rarely see, just set a high sell limit and then boom, some one bought your bags for more than you paid for them.

we are seeing retail die before our eyes

this will be the real cause of the next recession

They have 0 debt yet. That's amazing. Literally every company has debt.
I think the owner just needs to stop fucking around and monetize it properly.
I'd be amazed if that dumbass really lets the fucking thing go bankrupt.

They have earnings coming up in 2 days too. Somebody obviously wants out before then.

Weed.ca thoughts? Anyone know when it’s good to buy in again 36,37.

what? im telling him not to go long GLD on an FOMC day. better to sit cash and take your bets after the meeting lets out

sure, but thats implying it goes up at all
they could easily gap down. a lot of people might want out before the FOMC. and theres no telling yet whether the FED will pump treasuries or dump them HARD tomorrow (my guess is the latter). just wanna be cash for tomorrow, so i can take my pick then

Probably the fact they aren't doing too well with earnings. It's on of the reasons they dropped there Gamers Club Unlocked. It wasn't showing profits they wanted.

Sucks if you bought calls for them.

I always thought best buy was one of the few retailer that actually did well for themselves.

maybe him and his buddy execs are banking on the short squeeze too? like he pulls the ol short bait outta the box, shakes it around for a little, does nothing and lets it get worse, then releases a PR shitstorm and brings his company back from being delisted.

but more likely hes just a dummy

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nah, just buy your pepsi, coke, smuckers, and cambell's at your local wal-mart or online from amazon.

better to sell all your gold and never touch or look at it again

>careful. if FED hikes rates again tomorrow
What the fuck.
I thought the minutes weren't for another week or two.
June 12-13.
What the fuck are you talking about?

>How many times do you have to be to0ld
Tell me, fren.
I don't recall your opinion on this.
You have some powerful memetic skills too.

It should range regardless, if you're into day trading straddle them and set both the call and put higher than you paid and they should both fill. Yes it's literally that fucking easy.

the next recession will be caused by the great Robot takeover in 2050

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those are not retail companies
those are food producers
except walmart of course

im talking about bestbuy, gamestop, sears, macy's...

>Tell me, fren.
Im just saying they arent going to hike rates because it would destroy the world economy, so nobody is anticipating unusual rate hikes

Its not the actual hike, but the talk about talking about the hike.

thats what im saying. definitely dont long gold into tomorrow. and more than likely short gold for the next year. were expecting rates to hike at a reasonable level, so that means USD will get more oomph, and gold will fall into nothingness

youll still feel it regardless. watch CPI spike tomorrow

ehhem, i said buy all your shit at wal-mart or amazon.

Like half of my family builds display cases for major retail like Macys, JC Penny, Dillards. Its all going south, the stores are closing down and if they exist in the future it won't be as mass scale shopping centers. It will be small specialized stores.

so i googled this shit today, it's weird i've never seen it mentioned how the company operates.

They charge $10 a month, you get a debit card. Using the card, you can see 1 movie per day at any theater
They pay full ticket price to the theater each time you use the card, so 1 person could in theory cost the company $300 a month
Once a sizable portion of ticket sales are going through MoviePass, they threaten the theater with removing their location from the app so users can't see it, unless they are given a portion of concessions profits.
The users still could go to that location, because all it is is a prepaid debit card, the app isn't even needed

I could see it working, them forcing theaters to go to a subscription model, but it looks like a long shot. Time is certainly not on HMNY's side.

>but more likely hes just a dummy
Yeah.
That's really my concern here.
This is why I did a strangle.
It literally just depends on if this guy is fucking around or not.

Well, they have 2 hikes penciled in for the year, 5 meetings left, and right around .50 yield gap to work with, where their hikes have been by .25 so far.
I guess they could skip for another meeting, but Powell seemed eager to make the hikes happen so far.

I just got robinhood.

How much should my initial investment be to get good returns?

>im talking about bestbuy, gamestop, sears, macy's...
yea
amazon ate all of em
what did you expect?

>This is why I did a strangle
youre prolly gonna get bogged by that high IV