/smg/ - Stock Market General

How did you do today and how will we do tomorrow?


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 Calendars:
biz.yahoo.com/research/earncal/today.html
earningswhispers.com/calendar

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

CNBC Live:
livenewson.com/american/cnbc-america.html
Fox Business Live:
livenewson.com/business/fox-business-network-fbn.html
Bloomberg Live:
livenewson.com/american/bloomberg-television-business.html

Basic rundown on options:
youtube.com/watch?v=TBAQtjyqNHw
youtube.com/watch?v=SuTTzfa4ePE

Previous thread:

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first to post

hope you did your buying during the dips. today we resumed the bull

In about 5 minutes this thread is going to be about politics and shit posting. But for now it's time to let the green candles grow!

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FUCK YOU MARKET

FUCKING BULL RETARDS
YOU WILL BUY AT ANY PRICE SO WHAT THE FUCK IS THE POINT
WAHTS THE GOD DAMN POINT OF THE MARKETS AAAAAAAAAAAAAAAAAAAAAAAA

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Friendly reminder that the Bogs have just baited many people to enter back into the market and will crash this coaster with no survivors tomorrow.

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>he didnt buy the bank dip

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who else sitting at 10 this afternoon?

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don't bet against winners commie. you'll lose :p

better luck next time

I bought the JNJ dip instead

god I hope Italy crashes this market with no survivors

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Went long on amazon (call option 12/2022 @1100) and tencent (50 shares) today

reminder, this market is smoking crack and will gap up tomorrow.

I bought both

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bruuuuhhhhh all my shit's pumping last 5 mins just went to a 10

small specs absolutely panic covering their shorts

>Down 4.5 Yesterday
>Hold
>Up 8% Today
Yay!

>Went long on amazon (call option 12/2022 @1100)
did you drop ~70k in a call ?

Whelp look like going be carrying bags awhile RIP, today was worse trade in journal



Yes! Me I.Q. ~85 kek
Me only have bfs whose expecting over 3.2% and winning trade over 62%


This good or bad for CAD?

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Good.

Iron Mike just did a hostile takeover of box.

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>amazon (call option 12/2022 @1100)
I dont trade options but this seems like a really weird option

>This good or bad for CAD?

The currency? I dunno. I don't think it will help it much against USD but may have benefit for some of the other forex pairs.

buy from the bears sell to the bulls

It is a very safe contract in fact
But from my option screeners, I can't view post-2020 expiration. 70k is my guess for the cost of this contract

I remember talking about having enough capital to buy 100 AMZN shares and sell weekly OTM covered on them. A simple strategy that nets you 1k$ per week

he already sold everything to the bulls and is crying cause what he sold wasn't his and the bulls aren't giving it back so Lenny the Loan Shark is going to fucking murder him.

News stations speaking of absolute recovery
Completely
Time for a Golden Bull sandwich followed by a Golden Bull Coffee and maybe later, a Golden Bull nap

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Hahaha I hope you hold your retarded shorts through the whole golden bull run like the faggot cu ck you are.

>85 iq
rofl

couldnt you just be sort VIX for a similar effect?

>I remember talking about having enough capital to buy 100 AMZN shares and sell weekly OTM covered on them.

I remember you talking about that. Did you decide to proceed with that plan? How is it going?
Why did you change your plan from short term (weekly) to long term (2022)?!?

50 bux EOY

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>Golden Bull nap

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I bought 2020 AMD calls 15 when it was 12.50

It's finally paying off. How long should I sit on them? I can sell or buy any amount of times I want, it's in an IRA

Bullshit, there ain't no rest for the wicked.

ok fuck it applying to trade options

will this get me approved?

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You guys buy some really fucking weird options.

Anons who don't understand the greeks go for LEAPS to try and avoid them entirely.

>adds CNBC, fox and bloomberg
>removes my autistic podcast
WHAT THE FUCK, MUH VIEWS
Grim, you are objectively the worst tripfag we have, you've never done it correctly

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should I check all of this garbage?

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This isn't some anime kid, we are betting real fucking money here kid with real world consequences, kid. Quit being such a weirdo and take your medicine.

That's fine.

I gave up trying toe predict this market. It's a rollercoaster. I was sure that the news of tariffs being back on last night would cause a tanking, but it's roaring back. And it could retrace all gains back down tomorrow. Worst market i've seen in a long time, this is bear country, gotta start rethinking my distribution.

Are you retarded or just plain stupid?

lol

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News station economics is devoid of reality, it's puff pieces to fill the time slot to sell for advertisers.

You can't call a recovery in one day, dummy. You look at AT MINIMUM one business quarter.

>he didnt buy the Trump dip
>he didnt buy the tariff dip
>he didnt buy the italy dip

Dont you get it yet?

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I'm not getting approved am i?

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Ive never been more confident in my trading career and analysis of the SP500 that a golden bull run will occur since the 1950s
SPARE ME

I'm pretty sure that credit is still pretty easy to obtain, and that means golden fucken bull!

Fucking trip fags on /smg/ seriously need to get their shit together. First fab5guy gets banned for posting gay porno and now reluctant kneepad girl is posting weird necrophilia type shit. Y'all need Jesus.

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Dude stfu you are. Just finish the damn thing and gamble with your online friends on /smg/ friendo. What's the worst that could happen?

thanks based
if I get approved what should my first options trade be? I'll let /smg/ decide

In a way, you are right
But I think selling covered call on a stock you are bullish on and you want to hold for a long-time is safer.

nah I wish I had that kind of capital (163k$ as of today)
I just noticed that with AMZN, even selling predictable weeklies calls can net you 1000$. The kind of money you can definitely live off on.

It was just a remark on the strategy of this user If I understood right he spent ~70k for a long term call on AMZN...

get paid tomorrow should i yolo pile everything in golden bull style or wait for a meme dip

Don't let /smg/ decide, you don't want pajeet or the untermensch giving you a meme stock portfolio. Put your larger amount of cash in safe stocks that will grow and gamble with what you feel comfortable with, Jow Forums always does the opposite of this.

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RKG just got Btfo
RIP

Just go weed lmao stocks bro if you don't know. 6 business days later and the ship will launch to the moon.

set a limit order

thanks for the advice sempai

hahahahaha

>retarded tripfag on chinese cartoon forum daytrades with 400 dollars and finds it's harder than it thought

my noggin

just buy the end of august calls on spy that are closes to 10 cents each.

I bought MJ calls today, I hope this works. I don't even like pot.

It wasn't even the plethora of penis charts, but dead hooker anime that lead to the ban.

Why are you checking the wrong box there? You know those questions are just them saying "hey, wanna play with options? ()No () Yes () Very Yes"

cant wait to be called 10 cent by boomberg

Hahahaha holy shit I hope nobody here had CRSP.

kek

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holy shit

Not so crisp anymore

FDA trials flunked, looks like. Gonna have farther to drop.

I think CNW.V could get you more returns but it should be ok.

What was the post?

Meant CBW.V

I can't re-post it for fear of being b&, but there was anime of what looked like hookers and I don't think they were breathing.

I don't think it is that drastic

It might be a buying opportunity if one can understand the science and unravel the clinical trial reports

I remember ICPT getting bogged to 54 because of unrelated deaths of patients who happened to also take their Ocaliva drug. Lord Shkreli triggered a buy rating from his cell and it was a very good call

If I'm doing a macro play I don't want to bet on a specific company, especially not a weedstock. And if I was, it wouldn't be that one, because it's not optionable, it would be Canopy or something

Weird necrophilia type shit... We have some of the weirdest tripfags on Jow Forums who love getting banned posting stupid shit like gay porn like Big5gay.

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fuck company travel i literally missed out on selling at 10x returns because of one
should i just dump my bags right now or what

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funny that people that weren't even in the thread i was b& in talk as if they were there lol.. it wasn't gay porn you gullible fucking sheep

it's okay Big5Guy we won't judge you
It is already 2018 ffs

So many haters and liars on this board. Mine as well be Reddit.
Big5 did nothing wrong

Nothing gay about admiring the rippling muscles of another mans thighs right?

hindsight is 20/20
its not like you could have sold at the exact peak anyways
place limit orders but then you'll be all 'oh no my limit order was slightly too low or slightly too high' or 'oh no I market sold right before the pump'

holy kek hahahaha

Oh my, what happened to Teekay Tankers today?
>look up tanker rates
>up across the board
>suezmax rates up 160% over last week

Goddamn. Is this the beginning of the long awaited rebound?

If that wasn't gay porn I don't want to know what is.

we support you b5. come out of the closet its not healthy to deny who you are. this is a safe space

I should have bought more is what happened

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>trust me i would know what gay porn is

looks like this image is no longer needed

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Are they going to profit on some rich oil guys arbitrage play on the difference between wti and brent?

No resolution in Europe. GDP and consumer numbers revised down. Market up. Makes perfect sense.

I hope so
If they could actually make money for once that would be cool

It's the sign of a healthy economy.

NAME FAGS

The robots interpreted it as no new rate hike. They will be in for a surprise.

What is this?

anyone subscribe to bloomberg? shit is like $60/mo