/biz/ - Business & Finance

>nobody who insisted they knew what they were talking about posted portfolio
Really makes ya think.

>>16635674
GIVE ME FUEL, GIVE ME FIRE, GIVE ME THE GAINS WHICH I DESIRE!

>tfw like a junkie hooked on smack, you cannot wait to hear the "ding, ding, ding, ding, ding" of the opening bell day in and day out.

>some people only come into this thread to bash and troll people
>they never ever post a stock pick
>if they do post a stock pick and it fails they cower away
Really makes ya think.

>>16635769
Filtered

>>16635761
Fuck yeah

Damn I'm so comfy right now. Let's hope for some action on the indexes so I can get a trade in before bed

Retard and poorfag here

Still $600 down on AMRN, I'm ready to lose my last months wage on meme stocks, Any recommendations?

>>16635794

There was an anon on vacation who said he would post his trades if he felt like it. Are you here anon? Do you feel like it?

>>16635785
B I G D I C K E N E R G Y

>>16635813

>>16635802
Sent ;)

going to buy 2 shares of SDS (2x leveraged short S&P 500 ETF) with some money I got from my grandma for christmas
will make this my "learn how to day/swing trade" money to mess around and learn with

>>16635847
Could be a really nice hedge considering where we are today, thinking of doing the same as soon as we get close to breaching key levels downwards while hunting long positions.

>>16635847
I mostly focus on much longer term trades like hodling GALT for years

What do UK/Eurofags use to buy and sell shares?

I'm currently using Hargreves Landsdown but I'm paying £12 each trade and another exchange fee if I want to buy American shares.

Any free ones I can use until Robinhood is avalible in the UK?

>>16635867
when the market starts hitting record high levels and has been rallying for weeks, it's time to consider hedging, imo

Learning here. If I wanted to look into a company to see if it is good, where would I look or what would I look for?

I’m buying calls on SPY monday. Then, flipping them depending on what the chart looks like and how satisfied I am on profits I make. Could be a swing or day trade.

>>16635881
Heard eToro is nice, might want to try that one

SOXL continues to get mentioned here. I'm looking at those YTD gains and they are calling my name. Will I be FOMOing if I take up a position at these highs?

>>16635847
>gambling with grandma's money
Filtered

>We open up strong again
0.50-1% retracement, at least? Please?

>>16635890
depends on what kind of company it is and how long you're planning on holding it for
generally, stuff like earnings and dividend growth are good bets

>>16635935
it's going to happen eventually, just a matter of when
this can't go on forever, I personally think we're going to get some sort of correction/retracement sooner rather than later

>>16635947
I think a major correction similar to the one that took place last year in December will take place again this coming January.

>>16635900
I been watching SOXL for awhile now and I’m really thinking of investing too. I’m going to look into it more and keep watching it for now though.

>>16635947
>>16635882
Meh, it's a strong bullmarket that is showing no signs of slowing down. I will probably enter my hedge after they sign the agreement in January

>>16635963
>last year in December

those were very fun times in /smg/
I was being contrarian and making bullish posts the entire way down and back up

>>16635982
>it's a strong bullmarket that is showing no signs of slowing down

this is how you know you should start hedging, imo

I have GBR in my ID.. i also have a position in GBR.. GBR has been one of my favorite go to stocks to trade for years... GBR just got issued a letter that they aren't up to NYSE standards... dip then rip or dip and dip and dip?

>>16635947
Okay so let's say GALT which I saw you mentioned. What was it that you liked that I should look for in other things?

>>16635874
Based buy and hold Master race.

>>16636022
Dip and dip and dip but then will rip right before it’s R/S

>>16635963
>I think
Is this based on nothing but hopes and dreams of cheapies, or do you think something as massive as the FED hiking rates and liquidity drying up is going to happen?

>>16635982
This is much more sensible.

Trying to call the top because “it can’t keep going up, it’s gone so much up” hasn’t been a very unprofitable move for almost all of 2019.

The market needs to digest its gains, but that doesn’t mean we need a “correction”. A 21% gain over 2 years is great, but it’s not unreasonable.

Please, let’s consider that everyone who is measuring YTD is seeing an exaggerated move due to the Powell selloff.

I’d expect some churn from large caps to small and mid caps, but there’s no real reason to start calling for a top. It certainly doesn’t look like the big boys are preparing to crash the market.

>>16636033
GALT is a biotech company, so in the instance of that company, I liked their science and the backing from the billionaire COB (Richard Uihlein)
You probably shouldn't mess with biotech companies (especially small ones) when you're just starting out, though, they're risky and extremely volatile, with the potential for you to be holding at a loss for extended periods of time before things go your way

I would recommend reading the books in the OP list, starting out with a small amount of money to minimize the impact of your early mistakes, and learning from experience

>>16636003
Yeah, I'm not really arguing against it. But I don't think we will see any major moves to the downside until after the deal is signed, that's probably when the markets will calm down for a while which might lead to a retracement (which I hope is a decently large one).

>>16636092
>>16636033
I'm still holding GALT, btw, but that's just me
If you're just starting out I would go with something more low-risk

>>16636073
what trips me out is that last time they were issued a letter i believe it was due to lack of share holder equity which they then issued restricted shares at 1.50 to bring up share holder equity but yet those shares have not been sold into the float...those shares would've had to abide by rule 144 but even then that time period should be up... the not being profitable for 3 quarters is understandable.. i mean.. the stock is mainly just for trading... but what the fuck.. something weird is going on.. the corporation is so damn fucking clean and yet they sit there holding those shares at 1.50?!??.... weird

>>16636076
JOBS JOBS JOBS! 25 years ago people were making more money and under Trump’s guidance we are pulling back up financially. This isn’t the top.

>>16636103
>He thinks the fed won't step in after the market drops 3% off the top

It's rigged brehs

>>16636103
Are you trying to trade reversals instead of trends?

>>16636125
They’ve admitted that they were totally wrong with that whole laffer curve, and that employment doesn’t seem to have a big effect on inflation anymore. Interesting times.

Very interesting work on demographics shows that millennials are about the age boomers were before the period of massive economic prosperity they experienced. Everyone’s looking for a top but this could be a real bottom, the stock market may never see a low like Dec. 2019 ever again. It’s bizarre, but it’s entirely possible.

>>16636134
It’s not just the fed, it’s the central banks the whole world over. The only one tightening is Sweden, and I don’t know what the fuck their deal is. Their government policies don’t seem to have done great for their economic prosperity, but those northern countries are supposed to be among the best places in the world to live
...unless you have seasonal affective disorder.
You don’t have SAD, do you /smg/?

>>16635794
Sell and buy SOXL and PILL and you can make up your losses in a reasonably timely fashion.

>>16635972
>I'm just going to watch
You will never make it.

What I learned about 2019 is that it's all about liquidity. The Fed CAN move markets, but they can't counteract policy developments if that is seen as a negative.

The market is held captive to the Fed's actions on interest rates/REPO and the developments on the US-China trade deal. Macro does come into play eventually, but macro will hold up if lending holds up.

2020 will be interesting to see if the US-China actually sign their "deal" and when/if they stop the Repo interventions.

>>16636134

Of course it's rigged. Asset prices are a function of monetary inflation.

>>16636125

You may be right. Valuations are higher than at any point in history except for the year 2000.

>>16636198
Trend as in overall trend? Then both. I don't trade with trend lines because I don't really see it as necessary at all, if that's what you mean

Will AMRN ever go back up to around $24? I want to pull out without losing a lot of money

>>16636267
Deals that mean nothing will be signed.
Substantial progress in 2020, especially the first 3 quarters, seems very unlikely.
And yet it could be a very good year. Some of the economic data from this year has been revised higher, and no one has taken notice. I’d be curious to see how earnings forecasts have been revised.
>>16636284
Trend as in overall trend yes.

>>16636222
You’re right. What am I doing watching SOXL gain and gain? It’s something I been wanting to jump in on, so this week I’m going to start a position.

>>16636303

I've said it before on /smg/: I have a feeling we're either in a 1999 or 2007 scenario.

Or I'm completely wrong and December 2018 was a 1987 type situation and we have another decade of good market gains to be had. Monetary policy be damned.

>>16636303
>Trend as in overall trend yes.
Well both then

>>16636367
>I've said it before on /smg/: I have a feeling we're either in a 1999 or 2007 scenario.
Yes. You and many others have said it before and will say it again. Dalio and however many others were saying we’re gonna crash at the beginning of 2019. People have been saying a recession is around the corner for about 10 years now.

I don’t see the dot com bubble or subprime lending bubble you do. The selloff in cloud companies and eventual end to the massive short squeeze that was beyond meat are good signs that the market doesn’t want to go crazy.

People, especially millennials, were really scarred by the financial crisis. There just isn’t the same tendency to borrow massive amounts of money and live way beyond your means there once was.

The median age of homebuyer is 47, and the median age of first time homebuyers is 33. These aren’t people who are crazy overleveraged, or massive amounts of speculative home flippers.

>>16635890
Bruh, Yahoo Finance. google the ticker, you'll see. Look at its stats, the chart, wheres the price moving, where has it been, hows the debt? are they making profit? Take a look at apple, see what decently run company looks like

>>16636438

Yeah, I'd argue it's the most anticipated recession in history. Still doesn't make those fears invalid, but that liquidity is just going to push valuations higher: until they don't.

If the Fed starts to think they've engineered a soft landing, they are going to start throwing out media thought bubbles on stopping the REPO intervention. If they successfully do that, then they'll start chattering about possible rate hikes.

>>16636286
All it takes is a buyout rumor from a credible source, a legit buyout happening, or more good news comes out. The best part?. All three things could happen. Two of three will happen. Hang in there. The Profit Ride is just getting started. The hard part is over with. AMRN is legit now. Nothing but Profit lies ahead.

>>16636316
I'm waiting for January 2nd to get my SOXL bag. I want it in my Roth.

Trying to predict a crash when the context is so different this time is probably nigh futile. The tax cuts alone make the economy way more durable than it was in those earlier recessions.

ESTR looking like its calling me for a juicy swing trade this week.

>>16636657
I look at a buyout myself. It'll happen without warning to. (aka Google buying Fitbit). Gotta give it time. This is the holidays. People are getting drunk and spending time with family and/or a mistress on the side. Plus you know a lot of fine details have to be hammered out before any formal deal gets announced. Like how many Green Bags will it cost for one.

>NTDOY seems to have found a bottom in Japan
>I sold most of my positions at the beginning of Friday’s session
>LMT found support in the US at the end of the session
>I sold 80% of my position at the beginning of the session
Welp I’m financially ruined.

Fuck my life I’m gonna hit the gym.

>>16636794
Bing Bing wahoo is eternal, it will come back

Help me... I can't even face the one day work week coming up

>>16636794
>Not believing in Nintendo
I mean, what the fuck

>>16636657
>>16636749
I really hope your right, I hope it happens soon because my money is stuck in that stock

>>16636839
>>16636803
I still have... 11 shares

FUCK
>sell low buy high
AAHHHHHHHHHHHH

LMT too to be quite dessu
I gotta buy it back bros...

>>16636917
Also...
>sold Nintendo
>bought the Nikkei
I think I fucked it up...

Is savanon around? Was hoping he could show me the sava docs he read that convinced him to go hard.

>>16636198
>. Everyone’s looking for a top but this could be a real bottom, the stock market may never see a low like Dec. 2019 ever again. It’s bizarre, but it’s entirely possible.
>new paradigm
Market selling soon as markets open this Is the top.

>>16635800
Exactly. Sell lci.

Why is it so hard to get rich legally?

>>16636841
>>16636749
>buyout
Didnt the CEO literally say on record he doesn't like big pharma and wants nothing to do with them? Why would he accept a buyout?

>>16636438

I've been listening to stuff recently and it kind of sounds like the 2008 housing market was prevented from having a proper correction. Pic related. Things like bad mortgages were rolled over with the interest moved over to principal and are redefaulting, and there are tons of people that just aren't being foreclosed on even though they are in default. I'm assuming that if they actually were foreclosed on the housing price would actually crater to an affordable level but who knows.

>>16637088
It's not hard, it takes time.. and money.

>>16637094
Whaaaaat
Idk what is this
Source to stuff you’ve been listening to?

>>16637006
https://www.frontiersin.org/articles/10.3389/fnagi.2018.00118/full
This is what i checked today for example. It addresses the issues of recent trials and reviews the role of pathogens in AD, especially herpes. Lots if very useful references.
The sava drug targets a modified conformation of a harmless structural protein in the cell body: filaminA. What can modify filamin A in particularly elusive ways? A virus! Why does it do it in an evolutionary viewpoint? Amyloid beta actually can bind the virus and remove it. The modified filaminA makes lots of receptors able to bind amyloid beta forever (and induce a toxic cascade and kill the cell eventually which is the main problem of the disease). But this way the virus got some of its enemies and boosted its survival. It had millions of years to evolve like this. It all fits, it's just beautiful.
I don't get though why haven't the sava authors addressed the virus thing in their paper. You should also read those as well. So no secret docs, just read as much papers as you can.

>>16637137

https://www.marketwatch.com/story/why-bubble-era-home-mortgages-are-a-disaster-waiting-to-happen-2019-02-25

This is the article the chart was from. The author of the article recently had an interview as well.

>>16637006
So basically their 100% response rate and the filaminA - herpes link were the things which made me look very hard

talk me out of quitting my shitty finance job so i can continue to trade unimpeded by finra regs

>>16636747
I swung ESTR last week, it was good trading.

>>16637203
Quit and run your own operation/small partnership. You work at a bulge bracket?

>>16637006
Also, if you check the company and trial specifics: NIH funded, just 2 pills a day, no multiple year long struggling, no 1000s of patients needed, no costly MRI, PET, just a blood test, spinal tap and questionnaire. Oh and no side effects because the drug doesn't really bind to much else and is a small molecule.

I can only get so erect

>>16637152
>>16637168
>>16637245
If you had 10k right now, would you use it all on more sava?

What market/trading/economic shit should I watch/listen to while doing muh cardio?

>>16637053
There’s still PLENTY of FUD out there...
>investors are concerned about a repeat of last year
Classic recency bias, but I will probably be dumping my profitable calls tomorrow. Probably. Some of them at least.

>>16637091
Pretty sure he did not. I might’ve exaggerated what he said, be wasn’t full on “money bad, free medicine” or anything
>>16637155
Thanks bud

This seems too obvious but there’s this company that the current market value is around a dollar after news of a merger but this news does not disclose information on how much the private company that is merging with them is worth (the private company is bigger). A sec filing is out now and says they payed a placement agent fee in warrants for $10 to a company. This company couldn’t of fucked over someone that bad by paying them $9 over the price of their current stock price, right? This has to mean the company they are merging with is going to send this stock parabolic and jump the stock price at least near the $10 range, right?

Reminder that manufacturing is in a recession.

>>16637091
No he didn't say that. He just didn't mention anything about it. He said that they were looking into going at it alone. But saying "going at it alone" and turning down several large Green Bags when they are put in front of you is two very different things. Also it don't mater what he wants. If the board members vote for it and shareholders sign off on it then a buyout is a done deal. Going at it alone involves a partnership deal. That has not happened yet. You would think that such a deal would be locked in place before the FDA final ruling came down so that right afterword they could start mass production of the drug. That has not happened. In fact nothing has happened other than more sales reps being hired. (Which in a buyout deal they could be fired rather quickly cause these are like your modern temp workers;low on the hiring pole)

>>16637380
Unironically Bloomberg. You will get a good general picture of macro trends while killing your gains.

Stonks better dip a bit tomorrow OR ELSE

>>16637433
>China will lower import tariffs on over 850 products from January 1, finance ministry says
>PUBLISHED 1 HOUR AGO UPDATED 9 MINS AGO
>REUTERS
Not looking likely...

>>16637426
Unironically just listening to this right now until... Joe Wiesenthal starts speaking. GODDAMN what an annoying fucking voice. Poor guy, people must punch his face constantly when he opens his mouth.

>gains
Gone. Injury. Realizing form is shite so I need to get a few sessions with someone who knows their shit to tell me what to do. Until then, work on increasing aerobic capacity for heart/brain health and longevity gains.

>>16635847
shorting the s&p generally doesn't go well for everybody who tries it, it tends to go up in the long-term..... always has...

>>16637094
I hope the Hawaii real estate market collapses so I can buy a cheap house there from some boomer.
Gonna get me a brown islander bitch yeah.

>>16637421
Once the litigation overhang is dealt with then the buyout or whatever will be done. Cause if your the buyer why would you want to get in the middle of a legal dispute if you didn't have to? You wouldn't. You'd wait till it was over with then make your move. Which happens in Jan. This case involves generic companies stealing AMRN's drug (aka Profit). Small fry companies at that. They have zero chance in hell of winning. Teva tried. They failed. A settlement was hashed out. So it will be again.

>>16637535
Last thread someone said amrn was dead, now suddenly its happening again?

>>16637532
wait I can't buy cheap Hawaii boomer houses yet... they have a low delinquency rate overall...

damn you boomers !

>>16637559
Lol, why would they be dead? They're raking in Profit. Now if they'd gotten screwed by the FDA then yeah they'd be dead or at least setback a ways but that didn't happen.

Do you guys think NVO will be able to break above the 58.50 level sometime soon?

How much longer is this bull run gonna last?
t. bearcuck

>>16637495
I hope you get better. I've been in your situation before. I wrecked my left knee and shoulder in a hiking mishap a couple of years ago. It was tough getting back in the game. Shit still hurts in the winter.

I believe in you champ.

>>16637672
Prep the BVLL and say you're sorry.

>>16637570

Yeah, from looking into it more it looks like the percentages listed are leftover delinquencies from the 2008 financial crisis still hanging out there that were never properly refinanced or refinanced and redefaulted, sometimes repeatedly. It seems crazy to even think about that this would be allowed or tolerated by banks.

Anyone visiting their family or having them visit you for Christmas? How are you coping with your boomer parents?

I'm convinced that my boomer dad is a narcissist. But then again, aren't all boomers?

>>16637672

The market can stay irrational longer than you can stay solvent.

>>16637767
He has mini fits when the attention isn't on him. It's laughable now that I am an adult. Some of the childhood anxiety makes its way back up though.

>>16637525
I'm not concerned about the long term in this instance
It's supposed to be a swing trade based on the market currently being a bit overbought

im 50% stock 50% bond allocation right now.

>>16637767
I have to work all around Xmas and New years
I had to work yesterday and today. I have to work M-T, then I get Wednesday off, then I have to work Th-F.
Then I have to work M-T, Th-F again next week, again only getting New Years Day off.
No family in town.

>>16637752
Yeah but I guess those are only a small percentage of loans? I cannot believe anyone has been allowed to not pay anything on a mortgage for 5+ years... that's insane. I couldn't imagine what I would do if I didn't have the money to pay my mortgage for even one month

>>16637767
My dad's nice but also thinks he's hot shit after winning big in '08 and watching the Big Short. Which was kinda based until he started believing the moon landing was faked and Qanon is going to expose the pedo elites

>>16637767

My stepdad is dying of lung cancer and watches Fox News all day. I don't even care about the politics as much as it makes me sad that the man is using the last few months of his life to make himself constantly mad instead of doing things that make him happy.

>>16637799
The moon landing wasn't faked, but it was unintentional. They only planned to do some orbital work but they ended up on the moon by accident and ran with it.

If you believe "the official story" of the moon landings you're delusional, there are way too many holes

>>16637776
The s&p500 rallies typically around 5% every year to the holiday season and we're over 7% I think? Havent looked at the chart. I just don't know if we're going to be topping this in February or into the summer.

Treat yourself to some Amazon stocks this Christmas!

Decent chance the shorts organize a gap down bullshit selloff for LCI tomorrow. There was a Shelf Offering but they will say it is dilution even though its not that simple. If you want in, you may get a good chance.

Where were you when my calls launched their moon missions?

>>16637819
>They only planned to do some orbital work but they ended up on the moon by accident and ran with it
This HAS to be bait. Literally everyone knew they were headed to the moon before takeoff you colossal retard.

>>16637828
Brokers are beginning fractional share investment programs, slashing fees to zero, and doing other things to make onboarding the normies a much easier feat. The next 2-3 years are going to be interesting for asset prices. Where is the tarot card reading anon? What can he tell us about what the future holds?

>>16637874

Wasn't there a supposed major breakthrough and a deal to be signed very shortly...like two weeks ago?

>>16637945
It's the same news rehashed with an extra bit of detail on China's tariff reduction.

>>16637945
A real deal wont be signed or even be considered until after the 2020 Presidential Election. Ignore everything that has been said/will be said regarding it until the election passes.

https://www.youtube.com/watch?v=LnE-gnG9Xzc

>>16637938
The propensity for new investors to create assets bubbles when they initially enter a market has been empirically demonstrated, but the effect is weaker if there are experienced investors in the market.

>>16637967
I don't think there will be an all inclusive deal. Probably more incremental stuff rolled out in phases like this. Then maybe the last phase they'll say this is the balance of it and we're done.

gold etf?

>>16636741

>The tax cuts alone make the economy way more durable than it was in those earlier recessions.

Bush tax cuts, anyone?

>>16637874
>pharmaceuticals
this is good news for drug companies like LCI

Hey all, long time scamcoin trader first time in the stocks.

I put half my savings account into AMC at $8.16.

Tell me how it is: am I fucked?

>>16638001
>AMC
>10% divvy
actually looks tasty
I don't even go to movie theaters so I dunno
might buy some

to answer your question, putting 50% of you stack into any stock is pretty suspect. Even if you find a stock that you LOVE, something amazing, you should be going in max 10% of your whole stack.

Even in my robinhood "for fun" account I don't have any position over 10% of the total allocation.

You asked a yes or no question, so I'll answer with a "no".

>>16637986
GLD is the biggest one. If you want to be more specific about how you want to long gold, there are other options. It depends. You may also consider just going long on a couple large cap miners

>>16638057
Good word brother.

AMC's attendance is at an all-time high as well. And movie theaters do well in recession. All the fundamentals point in the right direction.

>>16638001
You realized that currency backed by nothing is a scam. You’re going to make it , welcome to stonks.

Anyone buying puts in RAD? This baby's gonna burn, right?

>>16638093
This is a cool interface. What platform/tool is this?

>>16638093
Think or swim friend

>>16638080
yeah you should still diversify though

one of the important things about stocks is that you can buy all kinds of things! don't just fall for one pretty girl, get yourself a whole harem!

no matter how good any single position looks, it can turn bad on you. If you're a real nerd you can use math and stuff to optimize risk profiles across different time scales etc....
that's just nerd shit though
I usually advocate primal investing, where you try and use non-quantitative means as much as possible. you should *feel* like having 50% of your stack in a single stock is wierd and not good. you don't have to set any rule for max allocation, but 50% in a single stock isn't OK

GRPN, DBX Puts?

>>16638123
Sweet. I hope we get this when the Chuck Schwab acquisition is complete.

Why are you anons wasting opportunity on outsize risk when the comfy, safety, and fat gains are all in SOXL? Face it, semiconductors are crack in all but name. The desire for newer, faster, more is insatiable. Computers, GPUs, self-driving electric cars, AI enhanced smartphones, medical devices, microcontrollers, networking gear, machine learning, surveillance, infrastructure, it's endless. It doesn't matter how many there are, how fast they are, or how efficient, the demand is for more, bigger, better, faster. What delights the most on Christmas day? A semiconducter blinken the lights.
So what is SOXL? The triple levered ETF with first class tickets for the only game in town to the tune of 42x returns over the last 7 years and 420x returns over the next decades. Buy it now.

>>16637874
has the MOO bull finally arrived?

UNIRONICALLY want to buy PILL and... fuck it SOXL or TECL

>>16637954
Details = increased certainty = cap ex growth, hiring, new business initiatives

Market likes this

>>16637967
This is known. Has been long known. Phase 2A(i) and 2A(ii) will roll out this year, but no "all inclusive" trade deal, maybe ever.

>>16637874
This could actually be big for the big pharma companies with good oncology drugs that China wants... Merck, Bristol Myers, Astellas, Glaxo, AstraZeneca... I haven't been following SGEN or Lilly long enough to be sure about them.

>hurr durr generics moon mission
laughable

>>16638170
I WAS JUST ABOUT TO CONGRATULATE YOU
SOXLanon, you made it.
I can't decide between SOXL, TECL, and PILL right now, but I think I'll grab the chips premarket if they're not too rediculous. They'll already have pumped, most likely. Shit. I knew I should've bought SOMETHING when I saw the DIX on friday, but I didn't. Because we're overbought.

How will this effect my Bili calls?

>>16638187
Last time I had this feeling was when I was holding crypto in 2017. 2020 is our year and we're gonna make it. Can't hold too long this time though

>>16638242
Good trade news is good news for chinese stonks i figure. Even if the tariffs involved aren't directly related.

Wtf am I doing wrong, SOXL is not appearing on HL

>>16638314
Strange. Shows up everywhere I check.

>>16638314
Try SOXX. That's the unleveraged version. Also S M H without the spaces is an unleveraged semiconductor ETF

>>16638343
Get nothing with SOXX and

>>16638395
Is borked.

>>16638395
That's weird man.

>>16638415
Thanks for trying anyway:)

Damn it. Call spreads are WAYYY too wide on XPH... think I do have to buy some PILL instead.

>>16638263
>I'm about to buy the top
fuck... maybe I gotta play it safe and just buy a big chunk of SOXX or AMD/NVDA or something...
Skyworks, Xlinx...

Maybe CSCO and MRVL could finally do something?

>>16638278
Let's hope! I sure wouldn't mind getting assigned

>>16638419
fuck maybe small/midcaps even could work

Muh landlord dropped off a Yule Log for me this evening. I mean he unzipped and... Anyway, the Yule Log is a vanilla and strawberry cake from Costco. Pretty yummy. The frosting isn't disgusting sweet, which I appreciate. Even if he is a chinese immigrant homeowner who I, a native leaf, am renting from.

>>16638444
damn how expensive is a cake from a Canadian costco? 30, 40 CAD? That's a pretty nice gift

https://www.youtube.com/watch?v=AnS1i9bVGHU

>>16637730
Thanks my man.
We’re all gonna make it (not bears and mostly not shills/biotech gamblers)

>>16637774
God damn it.
This feel is familiar.

>>16638444
Easy on the racist undertones... merry leafmas

>>16638471
It was 8.99.

>>16638472
>Easy on the racist undertones... merry leafmas
Racism has nothing to do with it. Canadian housing prices remain crazy high in part because of wealthy Chinese willing to pay whatever the fuck to buy property here.

>>16638495
At least they actually live there

I’m very curious how much of LA is empty homes and apartments that chinese, Hong Kong, Russian, Ukrainian, uae, Saudis etc just buy and leave empty to get their money the hell out of their countries and currencies.

>>16638531
>At least they actually live there
True. The government has been talking about setting up some kind of tax or law or something to discourage the practice of buying house here then going back to home country leaving the house vacant for much of the year.

>>16637818
Dude, no lie that was my father-in-law. He had aggressive lung cancer that spread to his brain and abdomen, was doing treatments but of course was on the way out. Except he watched CNN literally ALL DAY and always wanted to talk about “Trump bad” stuff.

It sucks because that channel is designed to aggravate people. That’s the way they get so many viewers- by enraging them with the next Trump thing.

It seemed odd to me that he just wanted to feel political rage in the last month of his life, but hey whatever he wanted to do was fine by me.

>>16638596
>that channel
It’s all of them. The cable news networks are poison, because people have a tendency to choose things that are bad for them.

The ragefuel is the flaming hot Cheetos and takis of television.

Even I have to admit that the CNBC is basically pablum that triggers my “you can make money with this information!” Button.

People steer the media as much as the media steers the people. But let’s not get doom and gloom about it, shit always seems like its scary and getting worse, even when it’s not.

It’s when people talk about how great all the progress is and there’s no drawbacks to it that you have to really get worried.

HAPPY CHANNUKAH TO THE BVLLS!!

>>16638664
it's Hanukkah time already?
I'm in a very 17th/18th century Germanic mood right now... dunno if I'm going to really get into the kosher holidays this year
https://www.youtube.com/watch?v=m7_6ebDkink

>>16638695
Not sure what the 1600's and 1700's in germany have to do with it. Are you implying you usually get into the kosher holidays on other years?

>>16638745
ya
I'm busy this year, I don;t have time for holidays

Redpill me on stocktwits

>>16638806
Sad little men fight and clamour for the title of most right and "I told you so" points

>>16638806
imagine a million monkeys typing on a million typewriters for a million years
So I guess it's basically like /smg/ but with more posters

ohaiyo

>>16638863
what a time to be a bull
:3

>>16638806
It's like this but without anime.

Gold moving up! Break out will be above 1491 (currently 1483).

>>16638989
That’s odd, I was thinking my boy Barrick was about to take a pounding.

God I’m so bullish on equities it should be illegal.

>>16639016
>That’s odd, I was thinking my boy Barrick was about to take a pounding.
Watch the gold USD/oz. prices to get a better feel for the way the miners may move. If miners go down a bit (on no bad news) with the price of gold remaining steady, that's buy time. Assuming of course that you don't think gold's steadiness is about to break downwards.

>>16635881
Etoro doesn't have any fees for dealing in American stock markets but if you read the small print they charge you per withdrawal on the account by about $20

>>16638806

You can sniff out a few leads on moon missions and the place itself is pretty funny if not a bit sad. It’s hard to explain, the desperation and cope is almost surreal. They aren’t unlike us though, lot of mental illness goin on there too.

>>16639108
Ah fuck that then, they have bad reviews on playstore too. Thanks anyway mate

>>16639034
Thanks I will keep a closer eye on it. I’ve tended to view it more as a hedge than a trading vehicle, but all the liquidity that’s boosting stocks is likely to keep boosting gold, I’d wager. And a well run mining company could preform better than just rocks sitting in a box (paper gold). Will keep an eye out.

I’d previously thought the reduction in trade uncertainty might slow the rush into gold, but on the other hand, people are really stressed out when the bull charges this hard, and there’s no telling if repo is really solved yet. I’ve gotta look more into that.

>>16638989
Oh sheeet am I going to be able to unload my 2020 Summer silver calls at a profit? Holding heavy negative deep red bags atm

>>16639448
Certainly looks positive for that right now. Currently trading about +1.1%

>>16637395
Something seems off anon. More details.

>>16639747

>>16635674
i dont buy stonks but damn he cute

>>16635674
You guys ready to make some money today?

>>16639799
Nigga call your broker immediately what the fuck are you doing posting your account numbers and shit

Good luck on the job hunt

>>16638806
Saw the set up, hit the pip on the 0.25 raise, but some big cat pinned the stock all day. Fishy ass movement. Pulled out playing it safe. Remind myself to follow my strategy at all times: follow me at twitter strategicswingelitetrader

>>16639821
Shut up goober ain't none of these faggots gonna do anything with that information. Chump.

>>16639799
>65.71

PLEASE /biz/ I am looking for the a list of energy companies based in California but the websites that have the info either require payment or are down. I just need the name

>>16640004
Pg&e

>>16637767
My dad always tries to convince me to stop gambling on stocks and make wealth the way every normal person on earth does: shiny boomer rocks.

>>16639232
I use degiro. It is ... ok.
It isn't regulated for more than 20k of losses so I'd be wary of holding more than that in it. It also has low cash flow/cash assets in case of a run.
I don't know how much you are fucking with, but I'd recommend holding a lot of your portfolio in a vanguard ISA split between stocks and bonds depending on your risk tolerance and using degiro for your fuck around meme trading so 20k should be plenty starting out. Vanguard is cheap as to be free and tax free wrapped in an ISA.

Firstly degiro has fees. You get a reduced rate for your 'home' market and currency as well as free live market feed, but for UK stonks you can expect to pay £1.75 a trade + tax for big stocks on major exchanges. The tax sucks, but it is compulsory on the big indexes, shit like the AIM index is exempt.

The american market which I suspect you are interested in are very low, like 25c/trade min + 0.001% per stock. The feed is 15m delayed unless you want to pay 7.50 euro a year per exchange for live access. Every exchange outside of your home country you trade on will cost you 2.50 euro a year payable in advance one month after you first trade on it.

Deposits take about 1-3 days to clear. Usually a weekend deposit will clear monday. Monday wednesday and wednesday the following monday from experience.

Leverage is basically 1:1 if you enable it, there is no account minimum as far as I can tell to do so and you must enable margin to trade options and puts. CFD's can't be held on the same account as other stuff. Uncovered puts can't be placed on cat D assets.

It is not good for scalping as it won't let you trade units smaller than 0.01 of a penny. It will however not jew you too badly if you place market or limit orders close to the fraction. It also won't let you hold more than 2 orders on a stock at the same time which makes some strategies quite involved compared to a more automated broker.

>>16640081
Also you have to start thinking about your reasons for holding certain stuff because their tax system is a nightmare for dividends and they aren't going to be as lucrative as you think. They basically withhold tax on dividends at the rate of the issuing country at the point of paying it and then if you want that money back you are on your own. I *think* I can reclaim it from HMRC when doing my end of year tax returns depending on the country and if the UK has a double taxation treaty in place, but good luck because I've no faith in degiro after speaking to them on the phone that they are even paying the withheld tax to the country of origin. They are SUPER fucking weird about talking about it too.

>>16635674
I got 150 in my account to spend should I buy ESTR or OCGN this week ?

>>16635778
Rightfully so

>>16639799
>uncropped screenshot
>$65.71
Lmao. Why would you even....

AT LEAST GET UNDER THE VWAP YOU DAMN INDEX SHITS

>>16639991
>>16640326
We all gotta start some where.

>>16640471
You are a gem my friend. Keep on being you. God this board keeps getting better and better every day.

Will Tesla push up to 420 today? 2% when the market opens, I swear it will

>>16640497
All of biz will spark ye magic grass if it does

>>16640495
https://www.youtube.com/watch?v=WyFwjHQhlgo

CRASH WHEN

>>16640586
20-30 years

>>16637938
If they need fractional shares to buy stocks then I don't think that their 20$ will move anything.

>>16637998
>this is good for bitcoin

why is /smg/ the only intelligent convo in /biz/? I hate cointards so much

>>16640650
Yes we are truly intelligent.
CRASH WHEN.

>>16635761
How many anons here actually day trade vs swing trade?

>>16640657
from what i can tell, most people are swing trading with fun money, not trying to scalp intraday.

>>16640650
i think the average age skews higher here.

t. 37

>>16640702
Lmao 27 fuck off boomer

>>16640704
Get off my lawn you little shit, I just overseeded and fertilized it.

SAVA signals a buy for me today

KO is thin in premarket. Preparing for the substantial dip starting today. Gonna ride it back up too. Food is recession proof. Fatties gotta fat.

>>16637986
Like someone else said, GLD is the biggest one. I use IAU because the share price is lower so it makes my DCAs more convenient, and will get me to covered-call range faster. Those are both just side effects of bring a poorfag, though.

How come there aren't any synthetic stock markets? Imagine 100x leverage, no KYC. Would be glorious.

>>16640586
1 year from now. screencap this post

>>16640711
I like the play anon. I shall watch for a KO dip with you. Then we’ll ride the angered bear attacked bull back up.

>>16640739
So you are saying the markets will crash right after Trump gets re-elected?

>>16640711
>Food is recession proof.
can you recommend a good buy and forget long term food ETF?

>>16640750
No, 3 months after Trump is elected. Interest rates are going up at that point.

>>16640752

>>16640752
There's a bunch. Idk. Look into PBJ

>>16638806
DANGER TO MANIFOLD

>>16640752
Just go with fast food. Cant go wrong with MCD.

WHO’S RIDING THE TREND WITH ME? SPY is at the bottom, only up from here, 10-20 points EOY,

https://www.prnewswire.com/news-releases/lannett-receives-fda-approvals-for-two-dosage-strengths-of-butalbital-acetaminophen-and-caffeine-capsules-300978773.html

Where's LCI guy?

>>16637874
>Where were you when my calls launched their moon missions?
I was in kitchen eating smegma butter.

BOEING SHARES HALTED

news pending

>>16640812
Stuck at $14

>>16640893
>BOEING ANNOUNCES LEADERSHIP CHANGES
>Muilenburg out: BOEING SAYS DAVID L. CALHOUN NAMED PRESIDENT, CEO

Boeing CEO resigned

>>16640263

Estr

>>16640711
will be looking too, thanks

Guise, educate me please.
Since I am not daily trader, I am trying to build good dividend based portfolio.
I got 50 STM - about $100 in green on the stock.
I am thinking to switch STM to F (Ford Motors) - checked investment calculator, dividends will be better for sure.
Would that be a good idea? What to look at when considering dividends, other that dividend amount and previous dividend date?

>>16640728
Non-burgers get to trade in CFDs, which basically are synthetic stocks that run parallel to the real things. You get to use yuge amounts of leverage, but I think they also tend to have big spreads. I wish I could get in there but I can't because burger.

>>16640989
>I wish I could get in there but I can't because burger.
Don't you just love your freedumbs?

>>16640988
dividend amount, ex-div date, payout ratio.

>>16640989
so trade futures

>fucking SAVA

Dip damn you!

>>16641017

Thank you.
I will check what does payout ratio means.

>>16636198
>someone took the time to draw this
wtf anime?

1 minute get your clickers ready. We are SMG, we are the chads of /biz/. Let’s make this brea.

>>16641030
Eh, that's a good idea. I need to figure out how to search for the tickers.

>>16640728
The banks would either cut you off or just refuse to cash you out, if you made too much money on them. With CFD's you are essentially betting against the bank and not other share holders.

SAVA just keeps going up. I actually want to kill myself.

I decided a dip wasn't gonna happen anytime soon on SAVA so I bought back in at 2.84 a share.

So fuckin sick of lci disappointing every day

>>16641136
I heard your dad say something similar

>>16635847
2 shares of SDS bought at 24.98
Have a limit sell set at 26.23

>>16641165
kek

all my pharma stocks are down (except fucking SAVA of course), what gives? I thought muh trade deal was good for pharma?

>>16641136
They were definitely going to short it with the Shelf Offering. Just means more of them are getting trapped with the good news and outlook. Those fuckers still want to believe its going bankrupt. Be patient.

ACB wishes you a happy xmas

>>16641210
My buy area is 15% further down, let's get to it!

>CORV
Not a bad start.
I hope the fda doesn't kill it.

...so NO ONE has anything to say about itci?

Da fuk is wrong with the Russell 2000 today? Did Staples report some bad earnings or some shit?

>>16641243
aaayyy glad someone's getting a christmas miracle

>>16641243
thanks sold 100k

EVERY stock I own just spiked up. What headline happened that got algos so bullish?

>>16641274
Everything got bullish because of CHINESE LOWERED TARIFFS.

Thoughts on CORV

>>16641243
I had no shares and wasn’t watching it to no anything but congrats, anon. Those are some sick gains

Fuck this gay life.

I took profits way too early last week.
And I fat fingered a call. Wanted to buy it, thought it’d be lucky if the sellers went that low. Accidentally SOLD THE BARGAIN BASEMENT CALL FUCK. Cucked myself selling a covered call.

AMDCHADS RYZEN THE FUCK UUUUUUUUUUUUUUUP!

I need some boomer advice. I profited 25k off bitcoin a few years ago and cashed everything out and put all my networth in the s&p and BABA. This has only gone up and I am currently sitting on 85k (all invested). I'm am starting to feel tempted to sell because I'm scared of a crash, but at the same time I don't want to try and time the market.

>U.S. new-home sales rise, capping best three months since 2007

>>16641360
how old are you? and keep in mind even a 2% correction would be considered a "crash" lately.

>>16641360
sell enough to make you comfortable with the position, keep some powder dry in case there is a dip. it doesn't have to be a binary in|out decision.

>>16641355
I wish I had stayed in my mostly LK/AMD portfolio instead of jumping into pharma bullshit and weed stocks.

Is plus500 good? Thinkin about doing some trading with em but afraid of gay asf hidden fees.

I been telling you niggas about NRZ.
Best housing numbers ever YUGE gains!

Leaps are only about 30 bucks rn.
The train is leaving anon...

Puts on Netflix a good idea?

>>16641366
I'm 22

WE BROKE $45 LADS IT'S ONLY UP FROM HERE! AMDCHADS and WKHSCHADS we are fucking making it.

>>16641368
Thank you. The problem is that if I sell part, what do I do if it keeps going up? Do I wait patiently, or should there be some point at which I buy back in

>>16641402
what you really should do is have a plan. i.e., keep 80% in the market, 20% in cash/bonds. should you obtain additional income, you use your pre-determined ratio of cash to investments to figure out where that income goes. you force your hand to either hold the cash or invest it, rebalancing at some consistent duration. taking the emotion out of this shit makes it a lot easier.

It’d take something YUGE to happen, how would we crash when we are at the bottom but you do you. Also, why go solvent if you’re worried? Why not hedge?

>>16641430
GRIMES DID IT!!!

>>16635794
Buy feb calls on amrn to get your money back

I....I can't get over how bad SAVA is fucking me.

Holy SMG meme to the moon, I’m about to 200% on SAVA. What a Chad Indonesian marble collecting forum this is. WOW

>>16641360
Just take like 25k out and buy gold and let the rest go

So glad I didn't wait for a dip and bought back in to SAVA immediately.

>WKHS

Neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds.

BEEP BEEP

Does anyone know a good christmas present to buy for a 19 year old boy?

>>16641519
.22 rifle

>>16641519
Some v-bucks for Fortnite.

>>16641519
a trip to the strip club

I was posting the other day about SAVA fucking me on the 6th @ 2.30 a share and how I was hanging on in there tempted to sell to cut losses over the last two weeks and fucking hell boom.

I'm just saying ... it is likely to fucking dump when somebody wants to take profit so don't get too excited dreaming of those moon lambo's just yet.

>>16641519
What your willing to spend, all in however many shares it buys of a stock

>>16641519
After comrade Trump’s new nanny state laws, you’re going to want to get him some Juul. If you can order some mango Juul online, that’s even better.

>>16641532
>>16641533
>>16641540
He plays WoW classic. Should I buy him a WoW giftcard?

>>16641551
yeah, that would be a pretty good bet

Sold my SAVA again for 30% profit. That's twice I've made 30% on it.

>>16641546
>it is likely to fucking dump
Nah, I wanted to buy more while protecting my cost avg of 1.75 so it will never dump just to fuck me

TAKES 660 GALLONS OF WATER TO MAKE A BURGER
UN PREDICTS THE WORLD WILL ONLY HAVE 60% OF REQUIRED WATER BY 2030
BUY $PHO

>>16641548
$50-100 is my budget. I'm willing to spend a bit more if it's something expensive with a huge discount.

>>16641519
A gym membership, lessons in any of the martial arts, handgun shooting lessons

>>16641568
>PHO

that was the first stock I ever bought

>>16641568
>UN PREDICTS
Thanks ill do the exact opposite

>>16641568
i remember when i used to think the UN was a good thing

>>16641390
Anyone have any better ideas for puts?

>>16641571
I don’t know what he’s into but cool new shoes or boots or shades. One of those weighted stands to put your gun in to shoot it in are nice. Rangefinder would be cool.

>>16641597
But Anon...
...the teacher told us in school that it is...
..have you slept again???..XDXDXDXDDX lolololololol What a dumbo..

Day traders are selling SAVA now, it might be a good dip to buy more.

>>16641355
I'm up 9.88%so far today (just jinxed it I'm sure) mainly because of AMD. My 1/03 $42.50 strike is up 241%. Set my stop and limit so at least getting out with God money no matter what if RH doesn't screw me

>>16641646
Yeah I'm waiting until around lunchtime altho I got a limit rebuy in for $3 in case it pops down there for just a second so I don't miss it. I bought at 2.84 this morning and sold at 3.73.

Jeez. What a way to get promoted to CEO: your predecessor oversaw the deaths of 100’s and an estimated 0.5% shortfall in us GDP. Fuck Boeing.

>>16641623
Taught you about the role it played immediately after WW2? Bureaucracies are necessary evils, should never have let china in to this and given them so much power. Fuck Nixon for supporting that shit.

420, BLAZE IT FGGT

>>16641519
Power rack plus barbell and plates.

PRTK just got a contract worth 2x it’s entire market cap, in addition to another contract, this shit should be trading at $9-$10 based on these contracts alone (not even accounting for future growth, earnings multiples etc.) Wedbush raised their price target to $11 from $9.

I see an imbalance here, going 50% in on $5 calls. Am ritardando, plz help. Thnx! oWo

>>16641688

Waiting for the drop in this jam

>>16641688
he actually did it, the madlad

>>16641658
Nice play! I got in at $2.61 and out at 3.69. Already 100% on this with the last move then short sellers decided the news wasn’t good, now here we went again. kek.

>>16641688
Called it >>16640497
Absolutely ridiculous

Who is baking?

If a company is bought out, how much do shareholders get?

>etf gaps up above my average price
>finally in the green on it
>but won't get to DCA it lower any more
Th-thanks, SLV.

>>16641704

.............you mean a $59.4M contract. With options that may or may not be exercised for up to 284M. Over 5 years. On a company that burns through 100M a year.

GREAT PICK

GALT making a move.

>>16641798
FUCK silver
ain’t never breaking even on this shit, can’t decide to take the hit or hodl forever

NEW
>>16641851
>>16641851
>>16641851
>>16641851
>>16641851
>>16641851

Was I dumb to buy back in to sava at 3.30?

>>16635674
cryptofag here. buying crypto is so easy, I don't want to sign up to any new platforms or buy the top of the boomer market but am persuadable if we ever get another crypto bull run

>>16641934
no one cares

>>16639799

Dude, why you posting your accounts numbers??!! Get this changed immediately.

>>16635881
I use share.com. Fixed monthly fees works out cheap for my 100k portfolio vs HL's % based fees. Can't remember trading fees but I'm a long term holder so doesn't matter. There is a frequent trader option that gives you cheaper dealing fees for a fixed monthly fee.

>>16640988
dividends can be a retard trap, sometimes a dividend will be high because the stock is in the shitter. I look at the company's fundamentals, and for a record of consistent (and rising) dividends.

>>16641402
It's real easy to beat yourself up for selling a rising stock. But that stock could have gone down too. Like another anon said, just have a plan and keep mechanically following it and de-risking by rebalancing your portfolio.