/smg/ - Stock Market General

Is the bull ever coming back in full or is it time to do gay 4 pay

at least for a little while

If oil still looks good, buying dips on GUSH and HAL

If defense stocks are still down, grabbing calls on Lockheed and Northrop to compliment the ones I've got on Raytheon and HII

What's a good furyos

whats RKG

The opportunity of small investors is in the mental pressure being Nil. You play with small tools, and with no shaking in your hands you render such wonderful endings to your hobby. Be smart.
The opportunity of large investors is in the potential your money reveals to you. You must rely on methods of keeping your hands still, and when you find your courage you can bring the world to your knees (kneepads included).

Lo, our holy congression yields shitposts and the attention of silent titans, fabled conjuring of memes so stirring that it causes billions in losses.

...think TVIX is a good plan for tomorrow?

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>If oil still looks good
im not shook by a bad day. this is how oil moves. if it crashes for two more days, ill buy some. we just hit ATHs for the year again. thats a very good sign. but its expected to pullback at such a level, ya know?

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TVIX is always a good plan for tomorrow.

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dawww

some sort of hedge would be wise imo

Please no buy ES_F ;_;
Everyone sell ES_F >:D

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Wakara
But I bought a June 1st call, so I still need to sell

I'm still bullish in oil, I'm just even more confident that the defense stock dip is going to go away fast, you know what I mean?

nice Id

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The slightly mentally ill namefag reluctant kneepad girl

LOL literally no idea what I should do. SELL SELL SELL SHOP and OKTA!!
market is rekt.

buy mcdonalds now below 160

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marketwatch.com/story/the-stock-markets-broken-leg-is-nearly-healed-analyst-says-2018-05-21

Vs

marketwatch.com/story/why-the-end-is-coming-soon-for-the-biggest-tech-bubble-weve-ever-seen-2018-05-22

Kek

Making a watchlist of companies you like really helps I just cycle through it and see if an entry looks good.

theres a bunch of things that i dont want to happen (that im certain will) that will cause both oil and defense to go up. its all just about patience and iron hands. when we get shorted through that much bullish volume like we had today, you know were dealing with goldman. they will keep shorting it to assault you mind, and your soul, and your wallet (and shares). they prey on the weak. stand strong user.

take the consolidation/red time and figure out where to put your stuff for the next run. accumulate, and then sell the next rip. this is how they do it, and this is how we do it too. were gonna make fucking bank on oil runs. just follow the manipulators. they know its going up, as oil just broke out. so they nuked it (watched 700,000 shares get sold on USO at the beginning of that dump). now they will suppress it for a little while, dump it a little more to scare anyone else off, then BOOM. lambo. just gotta find the best things to put our money in by the next week or so

In all seriousness, I just bought 150 shares of SAIL and 65 of EDIT (biotech company). I'm in it for about three weeks then I'll see what happens. Also holding WTI and BIDU for a little while.
What are you guys planning to do?

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I shilled it for a while pre earnings report. Still waiting for that pump to sell my bags. I have a feeling RS or delist might come before that.

Yeah that's what I've been doing for about a month and it really paid off.

Total shit show in the sector today. Shorts were having fun as it seems like a lot of people were diverting funds away from small/mid caps to FOMO in to Canopy. I was on a buying spree all morning. Got stopped out on my Namaste Tech position and used the proceeds to buy more stuff I think is on the verge of breakout. The contrast between US OTC trading yesterday and Canadian open market trading today was interesting. It seems the burgers are more bullish on the sector right now than the leafs. Maybe a good sign in coming years as US federal law on cannabis loosens up? Who knows. I will be watching and I will be riding that wave if/when it happens.

This week should be fun. My biggest position is now CRON and hopefully that'll get a nice bump when it uplists to the TSX main exchange from the TSXV here in Canada tomorrow.

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Pls delte this user. This is a blue board.

Been watching BRZU for some while, looking to enter in when it hits bottom

I bought at the bottom and only have a couple thousand shares, guess I should dump em while its a profit

All market journalism is bullshit

Good catch, I don't think I could handle another ban. Probably going to catch one anyways because the mods are fags.

im gonna take that one further and say nearly all of journalism is bullshit. its all "writers" (ie creative writing majors/lib arts majors) writing about subjects they dont understand/arent involved in. then the whole thing is sent to an editor to be dumbed down to a literal 3rd grade level. then they attach a misleading/catchy headline, and most people just look at that, or link it to each other and base all their opinions off of that.

journalism is fucking poison

I averaged up like a dumbshit when it got to 17 so I'm sitting at a small loss. Under 1k shares so I think I'll keep some in case it jumps before dying.

About to watch some whales accumulate

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sea werld is so awesome
not as nostalgic as Aquarium of the Pacific though

hmm
so memes for tomorrow?

im gonna wait till the meetings out (or rather just before), but im thinking a strangle on vol with limits on them, then probably (assuming FED does what they said they were gonna), ill short the everloving christ out of bonds.

if oil continues to fall (which it probably will if DOW tanks), ill do some DWT and i guess ill just wait and see if the bottom is found on the XLE and XOP till tomorrow before i decide to double into my calls.

very interested in OXY as well for oil plays.

Buy Johnson and Johnson

>sea werld is so awesome
i remember thinking it was kinda depressing when i went there as a kid desu

kek i remember Jow Forums coming up with some excuse for why sea world was part of an international child prostitution ring

i might as well get some consumers desu (was looking at some historical graphs during late/end bullrun for consumers and it checks out). whats the best yielding one on your radar?

buy S&P on open
golden bull run continues

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It's cool, I was here just a couple months ago they built a new ride electric eel that my girlfriend really wanted to go on. We have annual passes to six flags sea world and universal studios.. so we are always at theme parks it seems

the internet made facts free, so the traditional news media dove head first into opinion and entertainment

>Aquarium of the Pacific
BASED

I used to go there all the time

ill wait till after the meeting to take that one honestly
i think its gonna be flat all day, then pump at 2 and dump at 3 (cuz thats what happened last time). but if they DO decide to scale back on planned hikes, then that will definitely make em pop

>best yielding
General mills, Pep, and Clorox have dank yields for their growthj and your yields on cost will double anyway

...

same thing w most of the alt news too
i always saw AJ/infowars as a kind of pro wrestler version of the news. nowadays hes more or less some sort of GOP mouthpiece, which is fucking goofy considering his whole 911 arc

RT cant shut about how stronk ivan and his friends are

the only one i really watch with any frequency is zerohedge, and thats obviously hit or miss as the articles are all written by different people.

dont they normally slash yields if the stock starts to crush it though? or is that just the point of consumers? consistency?

to be fair, most of us were just trading the volatility of it (which was fun as fuck, and i miss it already). i wasnt too concerned with how it all ended up desu

Went in GIS BGS CPB PEP
Increased T and VZ.

>dont they normally slash yields

No, thats the whole point of being a dividend aristocrat
They raise them each year

welcome to last week

>No, thats the whole point of being a dividend aristocrat
>They raise them each year
makes sense, since they generally underperform

whats your bullcase on em though (golden bull memes aside)? a lot of them look like theyre heading for darker days. what makes you think the reversal is now?

Im not saying the reverdsal is now, but a 40% drop in the biggest companies in the world over 2 years makes me think its pretty much over

Literally biggest drops ever seen historically on Gis

>Literally biggest drops ever seen historically on Gis
that is pretty fucking ugly

i guess im gonna have to keep an eye on em for now, but im hesitant to jump into any more bags. working on buy up lots of oil bags rn.

Buybacks and dividends are essentially the same thing except that buybacks are tax advantaged

Dividend portfolios are the original Boomer Meme

Over done sell offs with fundamentals for the most part in tact, barring some issues with Campbell’s. The sector also hasn’t a lot of room for M&A now.
Entries now have a better yield on cost for the long game.

buybacks mean you have to sell your stock to make profit
Dividends is free cash

Has a lot of room for M&A.

Is that a turd coming out of her ass?

But I can't buy groceries with the buyback without selling my shares and losing my tax advantage.

there is also Mondelez, which doesnt ave the highest starting yield, but they make a lot of big products I personally consume like (nabisco) Oreos
and they also trade like the KO stock

Close call lol

Very fun, are you with the family like how pooh bear poster goes to disneyland?

HMNY TO THE MOON

THE MORE WALL STREET BOOMERS TRY TO SHILL IT DOWN THE STRONGER MY HANDS BECOME

HODL STRONG

OUR DAY WILL COME

HPE had the most boring ER out of all of them I have ever bet on. Even the AH movement was abysmal

PF and K have some good brands in their portfolios to ride the growing veg/vegan rates.

buybacks are tax deferred
dividends are taxable the year they happen

Im too oversaturated in consumers already, but I want K very badly, so I dont know , theres too many things on sale

I dont give a fuck
Its not like they are taxing 50%

I'm willing to bet that fed meeting wont tank equities like Jow Forums is predicting. even if I'm wrong it'll be a small blip in the big picture. I'm taking a multigenerational investment horizon.
I do pretty well betting against Jow Forums in general.

I don't think it'll tank oil or defense, which is my entire long term portfolio right now. Could give a fuck what it does to the rest of the market, desu

I’m leaning towards PF myself, but K makes a lot of sense.

taxes matter if you're truly trying to build a golden income fund that earns you $1M per year
you'll pay 40% on taxes per year that compounds. you shouldnt neglect that

SPY most obviously short of earth

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Wording Modelez Option volume is decent too.

yeah our motivations/timeframes for tomorrow are totally opposite. im looking to make some quick daytrades tomorrow desu. maybe take up another longterm bearish position on treasuries again

if dow gets pulled down it will almost invariably be another red day for oil
>Could give a fuck what it does to the rest of the market, desu
this
nothings really standing out to me really

oh shit youre saying double top?
either way, i dont see the indexes moving really at all until the meetings done

False
Because my profits go to NBO which is Non-Municipal

Eventually all the golden income will be tax deffered, that is the true nature of the Golden bull

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long if I've ever seen one.

>NBO
???

in your dreams ,Slut

reminder to always inverse /smg/

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NYS municipal bonds

im still saying tomorrow is flat and not gonna be worth trading until after

Nice, 15% discount.

you dont know about the Non-Muni meme? Well I guess thats natural, considering banks are doing their best to hide it

NBO, you heard it here first

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he'll get taxed on the dividends no matter where he puts them ...

Double bottom breakout.

are these non-muni bonds exposed to serious interest risk? i think im gonna have to read through my bond books again to understand them and their pricing more desu

no not on no-muni bonds. thats literally the point

wrong

Muni bonds and ROC dividends are tax free.

Ahhh I remember when VHC was shilled like this...

the yield outweighs ithonestly I dont agree with the "bond bear market" its all dried up and will go sideways from here
NBO will double after the FED reads this post

>the yield outweighs ithonestly
i thought it was only like 4% though
maybe im mixing it up

>I dont agree with the "bond bear market" its all dried up and will go sideways from here
i mean the economy is not in the position to take FED hiking rates up to 1970s levels, so i dont see it as one of those straight down for ten years type things, but theyve pretty much moved sideways for a couple years now. i think they have a bit more to fall (atleast until this current batch of hikes gets outta the way).

but i know for sure that as soon as FED says theyre dialing back (or just not hiking stuff anymore), im going all in on bonds for a bit

also EM bonds will spike HARD if they dont hike rates, no?