/smg/ - Stock Market General

What did he do now?

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Exactly what he should have, he interpreted Kim's gesture of good faith as a sign of weakness, and wiped his ass with the paperwork that would remove sanctions.

When you look at previous "evil" regimes
Having nuclear weapons is the only way for them to not get JUSTed.
Look at Gaddafi or Hussein
There was absolutely no way for Kim to stop his nucear program

Hey ass holes, can we talk stock picks of today here instead of all the bullshit politics surrounding this non-existent government. Kim isn't going to nuke shit because it's hard enough to keep a government going who's profitable ventures in the black market. You can't collect taxes on black market shit so the government pretty much has to act like a mafia in order to function, Kim has to deal constantly with being toppled or replaced from inside of his country. Kim literally is tossing around empty threats because he has to because otherwise he will seem soft and be taken out for someone gunning for his position. All this news about what's going on with North Korea is a waste of time and will result in nothing--not at all surprised to see Kim caved to Trump just because we had a president with enough balls to call this fool out on his bluff.

Is that it? North Korea trade doesn't seem to justify the descending red dildos I'm seeing.

Buy Citibank and Berkshire

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load up on more short positions

It's not a waste of time, it speaks to the defense sector. If you didn't buy calls on the defense dip this week you're a fool. I'm up 25% on RTN and HII

Looks like it, so far I'm seeing a lot in the red.

RIP ME
got distracted and lost long possition & missed out on glorious short

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Real world events greatly affect the market though user, I hate politics but shit like this generates FUD, and is thus relevant.

Not to mention things like the MIC are wholly dependant on war.

It's FUD look at China (FXI), they're getting completely bogged, down 1.25% since the news.

I toss money at memes on the stock market because I love talking about the economy and geopolitics
My conclusion over today's events is to buy the dip if you were short yesterday

Hey guys can we not talk politics?
>proceeds to talk about politics.

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True but I'd just rather talk about the economic implications versus actual politics. We know we have a bunch of normies freaking out over nothing, time to make money off of nothing.

good

REEEEEE DONALD WHY ARE YOU TANKING THE MARKET

covered my TTWO short too early it seems

DRUUUUUUUUUUUUUUUUUUUUUUUUUMPF

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Is fucking Lefty Pol back again? Can we gas those faggots?

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If anybody has LFIN puts that haven't expired yet, they just went OTC today

I was like "all my stuff outside the defense sector is getting murdered so why does RH think that I just made a thousand dollars" and that was why

tqqq and spxu both split last night, my options are in limbo right now....

With the whole Trump tariffs things, I bought some Eramet for sale. Sitting on 20% of the world's stock of chromium and nickel, plus it's in EUR so it's going to keep on trucking as long as ECB rates stay low.

getting alittle "cocky" are we?

do you actually use those volume histograms for anything

how the fuck can you read this chart

The boggs picked a great day to freeze your shit didn't they. I'm sorry user.

>WEED
fuck, it was sell on news after all

Damn, that was some new and innovative way to get JUSTed
The Bogs sure are some crafty fellows

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Oil calls?

>master the market
Your not going to do that. You can take legendary traders that have ruined themselves like Jesse Livermore. You're going to have ups and downs. You will need self control.

Now... Books and other resources... What works for me may not work for you. Some things that are constant: How a market works; What is level 2 and how to read it; Getting better charting software (RH is shit); The ability to stay on top of news (Like North Korea).

I'd try to watch some traders on Youtube or read books on it to try to find your own way honestly.

Today is gross.

Well the good news my options are now ITM at least but I cant get me gainz

>sleep in late
>check the market

God fucking damn it, and just when I broke even with my losses.

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Never sleep in late user, the early bird gets the worm.

the red dragon

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>have stock
>quarterly report is good
>for some reason the stock tanks anyway
Why? What the fuck is this? I spent all month holding just for today and a good earnings report made it go down.

>entire portfolio in the red
>except BGFV

happens every time for the past 80 years

Which one? BTW, it's normal for stocks to go down even with good earnings report. They literally almost all do.

well yea.. it's gunna kinda be green for awhile.. it needs to get to mid teens

But I just finished my finals.

Reminds me of going all in on AMD once, never again.

Its going to 79 today, isnt it?

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Ughhh yea
Probably just got tricked into baghold SPXL all way down 268....
Yes, volume profile only useful way for look @ SPY

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>But I just finished my finals.
Honestly, you should have known money was more important than paper that says you are educated.

we are living in a Drumpf economy where his cheetoh fingers can tank your whole portfolio with a simple tweet

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Guys. I got 72% gains on the day from this shit, all my spreads got fucked, but I broke them and it's like working.

post pics or gtfo

That has literally nothing to do with it, companies stocks almost always tank by 10% after their earnings report (even if they are good). That's been going on for way longer than Trump, please fuck off with your leftist bullshit.

tell me how you read it pls

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wow someone else in here uses volume profile?? i thought i was the only one

Why wouldn't you? Volume is pretty important.

golden bull... any day now

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>Whole market down on summit news
>Get triggered when people point that out

4 dollars end of year tho

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wait.. what volume profile are you talking about? the one on the side of the chart or at bottom?

fuck off commie
Go buy gold or some shit

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>yfw the Korea summit was a key event in starting the golden bull run and by canceling it we have shifted from the golden bull timeline to the sideways forever timeline

Even the most entry level job here requires a bachelor's or associates with 2 years relevant experience minimum.

I can't always be at the mercy of the market, especially when anything political or from the fed can fuck shit up.

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;_;
Too emo for explaining right now but mainly pricing around HVN & LVNS

Me chart 2day sucked though
Short range were spot on but should have started sooner

KO is fucking trash, dumb boomer trash.

I'm putting my money in 3x defense etfs, SQ, and residential property holdings.

I'm a commie but would never buy gold, get fucked

>going to school
go work at mcdonalds and put that shit in the market if you want to actually make money in life

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Is this the BGFV squeeze that was foretold?

I'll post the week tomorrow after close once everything has been securely sold and I'm in cash again.

ignore the trump incel
idiot doesnt understand that politics play a huge part in the stock market

>It's not like kikes haven't devalued college degrees to the level of a second high school degree for jobs so they could reap a shit ton in student loans
Dude no matter what you are going to be at the mercy of the market. You really just have to have plans ready for when shit tanks because that is inevitable.

siiiick bro wow

the squeeze is going to be a long one.. it has about 10,000,000 shares to cover look at the volume.. theres still ALOT of shorts that need to cover

lol this i fell for the school meme now i work a shit job and put it all in the market hoping to make it one day

Mainly use orderflow but cant chart that XP

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>Having a basic understanding of the market reacting to political events makes someone a commie

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just buy GE you fuckers

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Wow Im so sorry you fags get to buy in Low
Impeachment when?

>+2% already
Merci les bogs.

He'll announce that the summit is back on, and your stocks will rise HIGH! R-right?

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fuck off commie
Go buy the TVIX

Retail/Apparel seems to be up across the board today. It's just following the herd.

How y'all doing?

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im talking about this volume profile

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I think I’m gonna develope a strategy around Trump tweets. I’ll call it the Trump Dip. Short everything when he so much as farts then buy the dip.
>tfw economists will study and write papers about a poor rural retard from Texas who posts on a 18th century wig trading forum

Damn dude what you doin?

Aaaaaand we're back

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GERN

>tfw you realise when bogdanoff says "push it sideways until he sleeps", he means the eternal sleep

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Just what I wanted to hear

it's ok

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>He said his decision was because of "tremendous anger and open hostility" in a recent North Korean statement.

In a letter to Mr Kim, he said he was still looking forward to meeting him "some day".

It came hours after North Korea said it had dismantled tunnels at its only nuclear test site.

did Kim just get Jebaited?

>ID RoPE

Kek
Have 2 degrees
Thinking about seeing if any companies will hire me just for more starting capital

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