/smg/ Stock Market General

[Anonymous No.21378753]

Time to sell

>Brokers
https://pastebin.com/F1yujtVq

>Stock market Words
https://pastebin.com/VtnpN5iJ

>Risk Management
https://pastebin.com/sqJUcbjp

>Live Bloomberg Stream
http://www.livenewson.com/american/bloomberg-television-business.html

>Educational Sites
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain
https://nhentai.net/tag/nubile-nymph/

>Free Charts
http://www.tradingview.com
https://www.finscreener.com/

>Screeners
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Pre-Market Data and Live Data
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/

>Wife Market:
https://mangadex.org/title/99/billionaire-girl

>Bio-pharma Catalyst Calendar
https://biopharmcatalyst.com

>Boomer Investing 101
https://www.bogleheads.org/wiki/Getting_started

>Dividend Reinvestment (DRIP) Calculator
https://www.dividendchannel.com/drip-returns-calculator/

>List of hedge fund holdings
https://fintel.io/

>Suggested books:
https://pastebin.com/jgA5zTuC

>Misc
https://squeezemetrics.com/monitor
https://market24hclock.com/
https://tradingeconomics.com

Prev: >>21372377

[Anonymous No.21378783]

First for being absolutely and positively cucked by RKT

[Anonymous No.21378788]

Covered calls!

[Anonymous No.21378818]

>waiting for the pre-election dip
It's not coming, is it?

[Anonymous No.21378866]

WHY
DID NO ONE TELL ME FATBURGER WAS PUBLICLY TRADED??

[Anonymous No.21378878]

Any you lads looking into jr. jr. Miners?

Bnkr.ca and BHLL looking prime

[Anonymous No.21378884]

I accidentally fat fingered bought a 130/129 put credit spread fir TQQ when it was around today’s high. Will it end up printing or at least let me close without a loss or gain? Or am I just fucked

[Anonymous No.21378906]

Is the free retard money coming to an end? Market seems to be calming down. I need more free money and the ability to +10% my entire net worth in 2 hours.

[Anonymous No.21378924]

>>21378906
We will get a drop similar to the dot com bubble. If you look at the average P/E ratio in the US stock market today we have gains in stock price with no backing from fundamentals. There are still niche stocks which still are relatively fair priced from a value perspective (profitable, no/little debt, growth in sales + earnings despite covid, PE < 10).
.
As far as when - most likely in the next 18 months. The technical analysis of the stock market looks incredibly bullish in the short term. If stocks were to crash, we would need to have a large catalyst. The pseudo-cold war with China is most likely. If you've watched Defense stocks in the last few weeks, you would notice an huge increase in the number of government grants by the Navy. Lockheed Martin and MIND technologies received government grants for a combination of missile defense, sonar, and radar technology. We know something is coming and we will find it.

[Anonymous No.21378939]

>>21378753
retard
normies can't crash an index
if you think there will be a tqqq crash because "normies" are buying tqqq, then you mean the entire market
fucking embarrassing you can't think, retard. don't create a stock market general thread ever again

[Anonymous No.21378990]

think spy can hit 345 in a month?

[Anonymous No.21379016]

>>21378884
You can salvage the remainders or gamble on it rising past 130 and staying there. Since it's so close to ATM right now though, it'll probably blow through in one direction tomorrow anyways.

[Anonymous No.21379030]

>>21378878

Two words. Tinka Resources. Stock-price is exactly the same as it was in February, and yet:

1) Some of the best zinc deposits in the world, just as zinc is at a 7-month high;

2) 60 million ounces of silver in the ground;

3) Potential for an open-pit silver mine;

4) No debt, and 20 million in cash;

5) Located in a safe mining district, central Peru;

6) Has a competent management-team;

7) Strong exploration potential to find more silver;

8) Drilling begins this month.

The solitary reason why Tinka hasn't gone up 5x yet is because of a lack of PR. All it needs is the slightest bit of exposure to double or triple within a week. We saw this in the case of Gold Terra and Blind Creek Resources. The junior mining sector is so unknown to the general public that all you have to do is invest in these obviously valuable stocks before the herd rushes in, and remain patient.

[Anonymous No.21379085]

>>21379030
>valuable stocks before the herd rushes in, and remain patient.
thats what they thought about tanker stocks

[Anonymous No.21379094]

>>21378753
>reddit
>booklinks
>kimfag
imagine getting laughed off /biz/ anytime you post

[Anonymous No.21379096]

>>21378753
wow the booknigger kimfag is also a redditor?
who could have seen that the biggest faggot's to ever grace /smg/ was also redditor.
go sperg somewhere else

[Anonymous No.21379112]

Always be shilling NAK.

https://twentydollarsashareorbust.com/

[Anonymous No.21379116]

>>21378866
>Fat brands in buying Johnny Rockets
>Rockets up 100%
>Market cap: 83.38M
>That means it was 40M market cap yesterday
Lmao, ok. Not touching this trash.

[Anonymous No.21379121]

>>21379016
Hmm it’s only a max loss of $100, I just can feel my gambler psychology activating and telling me I’ll make some money and to try and get away with murder but my rational side is obviously saying to pay the $20 idiot tax to avoid the -$100 robindildo

[Anonymous No.21379185]

>>21378924
> If you look at the average P/E ratio in the US stock market today we have gains in stock price with no backing from fundamentals
Yes, for some companies. But entities like Apple or Amazon might as well be nations by now, not companies. The big guys are practically invincible.

The companies I fear for are the small caps, which could trigger a cascade of problems. From banks to stuff like Nike or Delta Airlines.
Won't stop people buying at Walmart or buying iPhones with their visa though.

[Anonymous No.21379219]

>>21379030
I looked into tinka.
I dont like that it is in Peru.

Bunker hill is a canadian company that is buying the rights to Bunker Hill Mine in idaho.

5th biggest zinc/lead/silver mine at one time in america and top 20 in the world.

They release deposit estimates here soon.

When they moon I will consider using a portion of proceeds on riskier continent miners for sure though.

[Anonymous No.21379265]

>DGAZF
wew how come no one's talked about this nightmare malfunction? I saw something about it on twitter recently.

>>21378939
>because "normies" are buying tqqq
your use of the word because is what makes your statement irrelevant

It's not that retail traders are the cause, it's just a consideration. It's like a pawprint in the woods. If you see a bear's pawprint, that doesn't mean you're about to be mauled by a bear, but it makes it likely that a bear is somewhere in the area, though it may be a good ways away.

[Anonymous No.21379271]

>>21379085

Silver was $18 in Feb., it's now pushing against $30 and is certainly going higher. And silver going up is a long-term trend which will hold. Nothing like tankers, which was silly and short-termist. Tinka's silver deposits have doubled in price since Feb., that's simply a fact.

[Anonymous No.21379277]

is tomorrow going to be a drop or a barely green day

[Anonymous No.21379295]

SRNE bros, got in at $17, hold me...

[Anonymous No.21379304]

>>21379277
Blood red

[Anonymous No.21379324]

>>21379219

>I dont like that it is in Peru.

Peru is one of the best countries for miners. There is no reason whatsoever to stay away from Peru. Don't be fooled into thinking that only first world countries are "safe." Canada's central bank, for example, has literally no gold reserves, and Canada may be one of the first countries to nationalize its mines.

[Anonymous No.21379335]

Help me /smg/. My Dad has been helping me invest but his methods go against the commonly accepted practices ive seen online. When he finds a stock he likes he basically goes ALL IN on it. He believes that a stock you invest in should be a full commitment where you put all your faith into a company. I recently began diversifying with more established companies instead of his method of only picking sub $15 beaten down stocks. He ofc hates the idea. Idk i think im making the right decision but I hate disappointing the old man

[Anonymous No.21379342]

>>21378788
Any sub $25 stocks to do covered calls on? I would obviously love to run the wheel on AMZN/GOOG/MSFT but I don't have that kind of money... well I could do MSFT but it would be 20k of my 23k portfolio

>>21378783
lost a quick 200 dollars on that one earlier this week

[Anonymous No.21379358]

>>21378753
NVDIA has their earnings next week right? anybody else debating on getting calls and playing the potential run up to earnings day?

[Anonymous No.21379367]

>>21379265
so wtf does tqqq have to do with it?
it crashes if the market crashes. so does literally everything else. so why single out tqqq

[Anonymous No.21379419]

>>21379085
Tankers dropped after Q1 because rates decreased in the short term. Shipping is a cyclical business on micro and macro cycles. In the short term, tankers trade with the seasons. Rates are highest in winter (heating) and falter in the summer when these is less demand for oil. On a macro scale rates are scaled to the supply of ships. Rates fall when there is an excess of ships on the water relative to cargo (supply and demand - more competition means lower cost for the customer and less profit for the company). Currently tankers are at near historic lows for booking orders to the point where some are trading for less than what the boats are worth.

The COVID scenario caused rates to skyrocket temporarily because we had a glut of oil which needed to be stored (so movement of oil AND storage of oil benefited tankers). The macro thesis is still plausible. Book orders are nearly nonexistant and many old ships will be removed from the water if they need to be upgraded to follow environmental regulations.

Of course, for tankers to do well oil would need to recover.

[Anonymous No.21379421]

why cant i buy TQQQ on degiro?
Where should i buy it as europoor

[Anonymous No.21379428]

>>21379324
I second this. Peru's economy has done extremely well in the past decade. Tons of ex-pats down there as well. wonderful country, tons of money to be made there. if I had the money, I would get into building development in Lima, but the germans and asians have that on lock currently.

[Anonymous No.21379439]

>>21379358
Won't IV kill your call?

[Anonymous No.21379448]

so do you guys do mostly options trading or do you actually just do stocks?

[Anonymous No.21379469]

>>21379324
BHLL s assets are in the United states. I dont trust peru, if it was Chile or Uraguay I would be more inclined.

[Anonymous No.21379475]

>>21379335
Listen to your elders child.

[Anonymous No.21379478]

fuck I should have sold my EMAN

[Anonymous No.21379491]

>>21379439
not if you sell soon enough(i think)

[Anonymous No.21379493]

>>21379439
>IV
I don't even know what that means

[Anonymous No.21379497]

>>21379358
What belongs to who in that image?

[Anonymous No.21379528]

>>21379342
Premiums get better the more expensive the stock. Just filter by price and high market cap. Then choose whichever one has a level of volatility you like. BAC is the only one that comes to mind recently. Maybe UAA if your feeling risky.

[Anonymous No.21379536]

>>21379493
based

[Anonymous No.21379541]

>>21379030

By the way, let me add to this: If anybody doubts me, see these posts >>21079091 >>21096010. I have been recommending three stocks, Fireweed Zinc, Bayhorse Silver, and Tinka Resources, for a couple of weeks now. FWZ and Tinka are up a little since I recommended them, but Bayhorse Silver is up 50%. Verify this for yourself if you don't believe me.

[Anonymous No.21379597]

>>21379358
I'm thinking of writing puts.
430 three weeks, close after IV crush.
Literally can't go tits up.

I am only debating because everyone expects NVDA to do well. So even if they beat they will drop probably
Just like MA or MSFT
>>21379421
On an American broker for big bois
>>21379448
Usually options

[Anonymous No.21379661]

>>21379185
>visa
psh
more like the Apple Mastercard from Goldman Sachs.

>>21379367
serendipity, the anon it was a reply to had seen a post on reddit that indicated a lot of "those" traders were piling in.

and that I don't see UPRO, UDOW, URTY, etc. on the Fidelity's list.

>>21379085
>thats what they thought about tanker stocks
god damn it.
That's actually a decent comparison. If you want to bet on the commodity, often there are better ways than the companies in the supply chain.

Fuck I should've dumped SOME of my SILJ at least...

>>21379094
>>21379096
>STILL seething
lmao
he probably just copied the old OP from several months ago. The OP is always evolving, deal with it newfags.

[Anonymous No.21379702]

>>21378783
how long is this shit gonna dip? i thought 20 was the bottom. i didn't think it would edge near its IPO price.

[Anonymous No.21379725]

>blew nearly 100 bucks on anime commissions again

I'm quickly parted with my earned money

[Anonymous No.21379806]

Oct 16 horse calls

[Anonymous No.21379812]

>>21378783
MOMMY ?

AAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.21379829]

>>21379528
fuck i'm just gonna run a little wheel on PLUG and hope for the best

[Anonymous No.21379853]

>>21379725
bro if ur horny just coom before you find some smut artist and make a long ass email describing ur degenerate fetishes.

[Anonymous No.21379858]

>>21379725
Bili bili down?

I'm buying in at $35 to support 2D and 3D waifus desu

[Anonymous No.21379888]

>>21379853
no can do anon

[Anonymous No.21379907]

>>21379185
>>21379185
Good point. ETFs and passive investing have contributed to this problem. FAGMAN made a majority of the profits in the market ETFs like SPY, VOO, and VTI. Meaning - ETFs give companies with debt and declining profits/sales a pump in share price and further push their buying price higher than their true value. Don't even bother with QQQ or SPY - just buy the top 5 largest holdings as stocks

[Anonymous No.21379989]

imagine being me buying microsoft over apple because i like windows over mac
but actually apple > microsoft

[Anonymous No.21380002]

>>21379806
strike price?

[Anonymous No.21380161]

>>21379888
Thats like $10 in real money...

Really not all that bad for something that is free i guess

[Anonymous No.21380199]

>TQQQ puts

[Anonymous No.21380231]

PSA to all the newfags and perpetual retards on smg.
>sell when you're up big, never ever hold on for "just a bit more".
>up big on that stupid prpl stock wsb
shilled.
>could've secured 300% profits
>doubled down on otm calls for later
>assreamed on the ER today
>debit spread and cheapo 8/21 calls are probably just going to break even with the september otm calls
Fuck me man, this one was an eye opener.

>>21379888
bro....

[Anonymous No.21380330]

>>21380199
smart money

[Anonymous No.21380332]

>>21379888

[Anonymous No.21380346]

>>21380231
w-whats wrong bro?

[Anonymous No.21380436]

>>21380199
Show us your puts so we can laugh at you

[Anonymous No.21380447]

[Anonymous No.21380466]

>>21380346
I'm just pissed that I made such a stupid trading decision. And your commission gave me a brief chuckle

[Anonymous No.21380474]

I gave up guys. I sold everything and spreading my little money around the ark. Any better ideas? I just suck at investing desu. Guess ill just go long and make a second retirement account baka. Maybe a college fund or something fuck it

[Anonymous No.21380478]

>>21379888
bro you didn't even label them
how is he supposed to know which one of these is Kuro?

CHECKED TRIPS

>>21380231
that's a tough one though
Sometimes you're better off letting the winners ride (I cut too soon all the time, and then AMD, TSM, NVDA, AAPL, etc. just kept pumping and pumping)

>>21379858
omjeez I want back in so bad after selling at $18 and $22

[Anonymous No.21380535]

>>21380231
>not knowing what a Pump and Dump is
>selling at a loss on a blue chip stock
>not knowing even bankrupt companies have a dead cat bounce
>not knowing basics of trading so does options instead

You only have yourself to blame for being that retarded and have a realized loss desu

Its hard to lose money in this market

[Anonymous No.21380543]

>>21380447
Good! They need bullying. Something that will sting this time. Not ask them some questions in Washington and then do nothing.

[Anonymous No.21380569]

>>21380478
I have a reference album of all three of them, I'm sure he'll figure it out just by searching. he's done me good in the past

>>21380447
good fuck em

[Anonymous No.21380572]

>>21379702
It will bounce back brother. The aerospace sector isn’t going anywhere and with all the SpaceX and launch hype, rocket technology will only advance further. RKT $50 EOM. Who doesn’t believe in rocket science and technology? I certainly do, that’s why I’m all in RKT

[Anonymous No.21380684]

>>21379335
your dad is absolutely based.

[Anonymous No.21380704]

>He went into PRPL after seeing 53 posts on Wall Street Bets Dot Com
Why?
Also remember when Workhorse was apparently shadowbanned or something on Wall Street Bets Dot Com on the basis that it was a penny stock or something weird? That's a funny one. I'm glad it didn't go mainstream on that end.

[Anonymous No.21380714]

>>21379475
You agree with his method of all in on 1 position?

[Anonymous No.21380727]

>>21380474
Make safe money, anon.
1. go to finviz
2. go to stock screener
3. go to fundamentals
4. PE < 15, low debt, increase in quarterly sales, increase in 5 y sales above 10%
This will give you a list of companies which have done historically well, have done well recently despite COVID, and should continue to do well.
From here you should narrow it down based on your own reading and knowledge of a field. When the price is low, but you know it should be worth more than its price, you should buy a small amount. Average down slightly if price falls. Then hold until you feel the stock is overpriced

[Anonymous No.21380735]

>>21380478
>(I cut too soon all the time, and then AMD, TSM, NVDA, AAPL, etc. just kept pumping and pumping)
other than AMD and NVDA which have scarily inflated valuations (heavily speculated into future growth with their PE ratios), why even try timing shit on these tech giants that have proven they can keep growing even through a huge lockdown crisis.

TSM is admittedly worrying because of china, but the actual danger itself is from china being retarded rather than china actually catching up to 5 nm (impossible for china without EUVL), let alone catching up to Intel.

[Anonymous No.21380769]

>>21380684
He was a used car salesman in the 80s. Real cocaine shit. Does NOT have a great track record with stocks

[Anonymous No.21380782]

>>21380447
[talking big intensifies]

>>21380478
>>21380231
>Sometimes you're better off letting the winners ride
But then there's shit like Kodak that you should've taken profits on quickly.

>>21380474
>spreading my little money around the ark
around the ark??

[Anonymous No.21380813]

>>21380769
is he all in DENN right now?

[Anonymous No.21380815]

>The food we eat is contaminated with COVID

circuit breaker tomorrow?

[Anonymous No.21380845]

>>21380813
Nah. He doesnt trade atm. Recently divorced a second time, just sells stuff on Ebay for money lmao

[Anonymous No.21380855]

>>21379335
I'm assuming he's doing proper due diligence unlike a lot of people on /biz/. I think there's a middle ground here. Stuff happens and you don't want to lose it all on a company making a wrong move. The money you have is a representation of all the time you've put in and the work you've done to accumulate it.

[Anonymous No.21380882]

>>21380535
>>21380704

Niggers. I went into prpl when 8/21 20 calls were a buck fify. I doubled my money on wkhs when I sold at 20. THE FUNDAMENTALS WERE GOOD, MAN. THEY WERE GOOD. fml

[Anonymous No.21380907]

>>21379478
This, I bought at the top like a retard.

[Anonymous No.21380940]

>>21380855
Yes he wholeheartedly thinks that when you decide to invest in a company you should pretend youre on the board and investigate every single aspect of the company. Future work, past work, business plans, etc

[Anonymous No.21380942]

>>21380845
>Recently divorced a second time

I guess you could say he went all in on his 2 wives

[Anonymous No.21380950]

>>21380815
>food borne illness happens everyday with simple bacteria, viruses, parasites, etc
>"its safe to eat with the Chinese army engineered virus that caused global turmoil"

So glad I haven't ordered take out and just make food at home since Coronita-chan started

Go all in on Ecolab?

[Anonymous No.21380960]

>>21379335
Generally you don't want to all in on anything (except ETFs) but you also don't want to open dozens of positions. Keep your portfolio tight, you only need a few position. Buy in lots of 100 so you can sell covered calls.

[Anonymous No.21380969]

>>21380942
Yes lmao he has that sort of personality. I love him but man is he stuck in his ways. No moderation. All or nothing

[Anonymous No.21380973]

>sell thing
>line goes up

[Anonymous No.21381002]

i'v been trying to get corona for months by suck dick, now you're telling all i had to do was order chinese food? FFS

[Anonymous No.21381007]

>>21378753
>plebbit
You cancerous faggots are cancer.

[Anonymous No.21381015]

>>21380960
I keep reading about having 10-30 positions. I have 5 currently.

[Anonymous No.21381020]

>>21378753
I fell for the HX meme too late in the day. I even put a 1k share buy for 2.30 at 3:59 PM. It didn't fill and I hit cancel after hours but my bank still shows "cancelation pending"..... its not gonna fill and fuck my boipucci is it? I'm only in for a very small amount right now an amount I don't even care about like $200 but I don't wanna get bungholed for like $800 tomorrow morning

[Anonymous No.21381022]

>>21380815
>>21380950

Yeah but our mighty digestive system seems to handle it well. Probably gets rekt by the HCl in the stomach.

Surface and fomite vectors are not the main route of infection. It’s airborne/droplet that are the problem.

[Anonymous No.21381026]

>>21380815
>No evidence of food transmission
>But the first person to get it, got it from EATING a bat

wtf They really expect us to believe that?

[Anonymous No.21381030]

>>21379335
Your dad sounds like your classic "I just found out about stocks yesterday so I'll go all in on options today" Robin hood trader

[Anonymous No.21381043]

just bought into $KTOV what am i in for

[Anonymous No.21381089]

>>21380002
all of them

[Anonymous No.21381095]

>>21380960
This is great advice

>>21381015
/biz/ is going to hate me for saying this, but unless you have actual education in finance, you will do better in the long term (that means over several years, not since March, First-Year-Investors) if you mostly stick with ETFs. Have some fun with single stocks\ if you want, but you will make more money if you stick with ETFs for the most part

[Anonymous No.21381108]

>>21381022
Anakaris, e-coli, Norco virus (literal flu)all transfer via food.

Those are your standard food borne illnesses that have a shorter surface lifespan than Coronita-chan

[Anonymous No.21381127]

>>21380940
It's your money. He's gonna lose a whole lot less sleep than you if it all gets lost. That said, he'll probably he'll probably say "told you so" if a missed opportunity takes off.
My own dad is very much a long player. Doesn't mind waiting for returns, but when he's seen a great opportunity he's gone for it. For example, he took out a loan to acquire CSL shares shortly after they listed. They're share price has done very well. At least with a loan versus your savings, you can take up other investment opportunities whilst paying it off if things go back.

[Anonymous No.21381150]

>>21381030
I think he just believes that his picks are ironclad and will go up as intended. Unfortunately it doesnt always work that way

[Anonymous No.21381178]

>>21381095
Which ETFs do you like? I'm planning on dumping most of my stocks for ETFs as I feel they're a better investment at this point than the shit stocks I bought and lost on. I only have $1k but if I can maybe turn that into close to $2k by the year's end that'd be cool

[Anonymous No.21381209]

>>21381015
I used to have a lot and it was stupid, just throwing change at random shit. Now I just hold a few key positions and sell covered calls and switch up when I find a new opportunity.

>>21381095
I generally suggest new people just buy SPY, QQQ, and SOXX. Or a "total market", "tech", and "healthcare" fund. That is my "hands off" portfolio.

[Anonymous No.21381234]

B U Y T H E D I P

https://www.youtube.com/watch?v=Y8Xxr53qWqI&feature=youtu.be

[Anonymous No.21381239]

>>21381209
Yeah im new to stocks. Dont really know anything about covered calls

[Anonymous No.21381240]

>>21380447
thank god.. I was at a 50% loss today on a GOOG put and coulda got out at like a 10% loss but I decided to hold. With this and the Epic Games thing they are gonna crash

[Anonymous No.21381244]

>>21381178
go all in on $25 oct 16 horse calls thank me later

[Anonymous No.21381246]

>>21381178
You're not that likely to double your money with ETFS but you're 10x less likely to lose it in gobs as well. Take this from a retard gambler full of great shame today

[Anonymous No.21381255]

>>21381178
VTI and QQQ are good bets

[Anonymous No.21381286]

>>21381178
SPY, QQQ, SOXX.
You will not get 100% returns in 5 months on anything, especially if you don't know what you are doing. Stop having unreasonable expectations.

[Anonymous No.21381303]

>>21381178
None. Look for your favorite ETF then buy the strongest companies they are holding. https://money.usnews.com/investing/funds/articles/do-index-funds-etfs-quietly-pose-a-systemic-risk-michael-burry-thinks-so

[Anonymous No.21381319]

>>21380960
I completely agree for trading, but not necessarily for mid sized long term investing.
If you have 500 bucks a month to throw at stocks and just buy whatever is low that month, then by all means go ahead.

[Anonymous No.21381336]

>>21379428

Thank you for sharing your thoughts, it was interesting to read them.

[Anonymous No.21381346]

>>21381178
I'd still have a few, like 3-5, pet stock positions. Not much of your portfolio but to make the market interesting. And make those 3-5 positions of companies you really like and would welcome having to read their financial documents or news about. Companies that do worthwhile things based on your experiences that have good management and direction. Not worried about "THE NEXT AMAZON" FOMO

[Anonymous No.21381386]

Anyone have option plays for anything expiring next week? Or options for earnings next week?

[Anonymous No.21381403]

>>21381303
This guy gets it
>>21379907

[Anonymous No.21381412]

>>21381346
I did this on an IPO this year and every once and awhile it will go up a tidy bit and I smile big. Most days I'm down like 20 bucks on 1500 but I truly expect it to at least 50% by next year

[Anonymous No.21381486]

>>21381386
NVDA
AAPL

Good premiums.

[Anonymous No.21381492]

>>21381020
If someone isn't going to answer my question can you at least ruthlessly make fun of my foolishness and call me a fag? I definitely deserve it i want to embed this as a sense memory so that I never break my rules again

[Anonymous No.21381527]

>EMAN almost 2$ already and still many months to go til eoy
>Dec. 2.50 option printing cash

Fuck me. why didnt I just load up on them and retire? It was a no brainer in June eman would reach 2.50 by Dec. At this rate its going to blow that number out of the water.

[Anonymous No.21381590]

>>21381486
whatcha got on apple?

[Anonymous No.21381600]

>>21381020
Depends on the cancel order going through before the buy

You can only hope

[Anonymous No.21381607]

Ask me anything, /ess emm gee/

[Anonymous No.21381636]

So is SPY going to rip to ATH tomorrow or what?

[Anonymous No.21381654]

>>21381636
does something big happen tomorrow or something?

[Anonymous No.21381669]

>>21381600
I called my broker and they said it should "most likely" cancel. Its basically just a hope at this point. I deserve to lose here id just prefer not to

[Anonymous No.21381773]

>>21381654
Hmm. I’m considering buying some SPY soon. It’s a safe bet for a long hold, and my portfolio has too many speculative stocks.

On another note: where can I find a quality Wolf/cat girl? I’m looking for one to settle down with and have a few kids

[Anonymous No.21381776]

>>21379907
You talk about fagman making most of their profits from passive investing, but then you tell people to buy the top 5 holdings in large ETFs. Those are the same fagman stocks.

[Anonymous No.21381783]

>>21379335
Your dad is actually right.
Warren buffet talks a lot about this. If you truly believe something is the best investment opportunity you go all in.
Diversification comes in two flavors
1) diversification as a hedge against ignorance. This is basically saying that you aren’t as sure of your investment picking abilities so you want to manage your risk.
2) diversification of uncorrelated assets. You can be “diverse” by picking different companies like coke AND Pepsi but they’re still just soft drinks. But coke and real estate are probably less correlated and if something happened to one industry it’s probably not indicative of something happening to the other.
Not the best example but I think it gets the point across.
Watch videos on warren buffet and Ray Dalit talking about it if you want to know more

[Anonymous No.21381802]

>>21381020
NEVER BUY ON A RUN UP IF YOU'RE MAKING AN IGNORANT PLAY DO YOU ENJOY KEEPING YOUR MONEY? THEN STOP DOING THAT.

[Anonymous No.21381827]

>>21381590
One put for 435
Wrote for 7.5
Now worth 2.5

The IV is through the roof. I mean how can you justify a 2.5 for a 435 8DTE?

[Anonymous No.21381847]

>>21381654
Yes, my options expire. I sold $340 calls

[Anonymous No.21381848]

>>21381636
conditions are worse than ever, how are we back to pre-Corona levels already

[Anonymous No.21381853]

Guys I accidently deposited more than I can afford into my robinhood account and now I can't pay my rent, how do i get our of this?

[Anonymous No.21381917]

>>21381853
Bet it all on an FD tomorrow. You'll either have a great weekend or a sad one

[Anonymous No.21381919]

>>21381853
You’re gonna be late on your rent. You can try calling Robinhood to see if they will release your money early, but there is about zero chance they will. It takes a week to get money from a broker Into your bank account.

[Anonymous No.21381924]

>>21381848
Pure delusion and fed printing money.

[Anonymous No.21381959]

>>21381776
Pretty sure this guy meant high performing FAGMAN holds up the low performing stocks in ETFs

[Anonymous No.21381965]

>>21381802
Yes I know and worse still I fomod because my limit buy missed by a few cents. I should've been up nearly 3k and I lost my cool and I'm likely down 50 bucks now

[Anonymous No.21381967]

>>21381853
Withdraw everything from Robin Hood and use a real broker.

[Anonymous No.21381979]

>>21381773
Bro, everything is speculative. AAPL isn't worth 2 trillion, you have to be actually a retard if you think it can be justified by anything other than wild speculation. It's gonna pop one day. Just rake up some fast cash until then.

[Anonymous No.21381997]

>>21381924
Stocks are not usually valued at what they are currently worth. They are valued at what people imagine they will be worth in the future. The entire reason people are buying stocks like mad is because everyone knows this virus bullshit will end.

[Anonymous No.21382019]

When is the market going to crash? All these evictions and business closures are piling up.

[Anonymous No.21382031]

>>21381853
that's what payday loans are for
to prey on idiots like you

[Anonymous No.21382039]

>>21381997
Pure retard take.

[Anonymous No.21382056]

>>21381919
>It takes a week to get money from a broker Into your bank account.
Hahahaha. My broker is my bank. Instant transfer.

[Anonymous No.21382059]

>>21381997
They are trading far above real value. You can't avoid fundamentals.

[Anonymous No.21382071]

>>21382039
Anon is absolutely correct and failure to understand this about the market will lead to your underperformance and possible loss.

[Anonymous No.21382102]

>>21381997
Pigs like >>21381997
deserve to be slaughtered

[Anonymous No.21382145]

>>21382039
>>21382059

Ok, let me ask you this. When you buy a stock what is the one question you ask yourself?

>Is this like to rise in the future????

So buy definition, you are buying stocks based of the imagined value they will hold in the future. If you don’t think it’s gonna have a significant rise anytime soon, you aren’t gonna buy that shit.

[Anonymous No.21382156]

>>21381997
then clearly the people are deluded.

[Anonymous No.21382174]

>>21379335
Middle ground is best. No single company should be less than 8% of your portfolio. What’s the point of buying a stock if it’s only 1.3% of your portfolio

[Anonymous No.21382187]

>>21382039
cope

[Anonymous No.21382189]

>>21382059
Oh I agree that many tech stocks are due for a nasty correction. But the entire reason people are buying is because they believe they value will rise in the near future

[Anonymous No.21382237]

>>21381997
>>21382071
>its future value
No. If that were true, why would stocks EVER go down? Its future value, future means it goes up! Thats just an infinite loop. The price is at what people think will make them the most money.

[Anonymous No.21382279]

>>21382145
Stocks are a business contract. You are buying a portion of ownership in a company. Ideally you should buy into a company which is fairly priced relative to its earnings growth, debt, and revenue increases relative to its share price.
Think like a business man and not a gambling junkie.

[Anonymous No.21382299]

>didn't buy the apple dip yesterday

too late to buy now? it seems price is going to keep going up

[Anonymous No.21382314]

>>21382059
What is a "real value"?
Look at MSFT. They will definitely grow in the future, their numbers look great and people think there is a future for this company.

Now what is a fair value for that company, including stuff like forwards pe, on ratio,etc.
180? 200? 230?
>>21381979
AAPL has cash reserves for decades and are a tech and consumer giant.
They can produce garbage and people will buy it.

[Anonymous No.21382326]

>>21382237
Stocks go down for two reasons:
>company is losing money, and losing more money with each quarter. Or, some news story has hit that indicates company is likely to start losing a lot of money for some reason. Meanwhile there is no cinderella story about it to entice speculative buys.
>people are selling so more people sell so more people panic and sell

[Anonymous No.21382332]

>>21381997
Cute cat

[Anonymous No.21382360]

Who else is ready for the SHLL moon mission? Should only be a few weeks away now. I've got a large chunk of change in that shit at $18.55 avg CPS.

[Anonymous No.21382374]

ANOTHER STRONG TQQQ\QQQ SELL SIGNAL. REDDIT HAS BEEN COOMING TO QQQ\TQQQ FOR THE PAST TWO WEEKS NOW

[Anonymous No.21382388]

Is MGM and carnival a buy?

[Anonymous No.21382407]

>>21382279
I’m not arguing with you. We are in agreement. People buy stocks because they believe they value is likely to rise. How many people buy stocks for voting rights or to control large portions of some corporation? Most people are investing capital for the sole purpose of making more capital.

I’m gonna post another picture of a cat in a life vest to prove a point.

[Anonymous No.21382448]

>yfw realizing options are literally applied TA thus proving technical analysis not only works but is the most efficient form of pricing yet discovered
Stay mad

[Anonymous No.21382450]

>>21382237
The reason why one asset drops is people believing they can make more money elsewhere or other companies or assets (gold, bonds, other stocks, USD, etc.) have more potential to rise.
When AMZN drops it doesn't mean that people believe that AMZN will go bankrupt, they believe that the price of another asset will rise more than AMZN.
That asset can also be money btw.

[Anonymous No.21382496]

>>21382448
>options are literally applied TA
It's 3:30am here and even I know that sounds retarded

[Anonymous No.21382515]

>>21382279
LMAO, no businessman would buy part of a company if it didn't offer any profit, only the chance that their stake is worth more in the future if they sell it to some other person.

People buy stocks because they think they'll be worth more in the future, it's an everlasting ponzi scheme backed by liquidity flowing in and no other good investment alternative. If you had to look at true value, you wouldn't even buy most dividend stocks.

[Anonymous No.21382525]

I bought PCG calls, based or cringe?

[Anonymous No.21382531]

>>21382496
>seething TA-let

[Anonymous No.21382579]

>>21382407
I mean if I was a multimillionaire and I could just buy 1% of a blue chip company just to own 1% of a blue chip company, I would

[Anonymous No.21382595]

>>21382515
Are you retarded? There are whole vast segments of the financial and business systems dedicated to doing exactly what you said: buying and selling bits of companies or whole companies to turn a profit. See: private equity.

[Anonymous No.21382599]

>>21382374
I think I'm more likely to gain money if I do the opposite of what reddit suggests

[Anonymous No.21382605]

>>21382071
Apple, Amazon, and any other big tech stocks are trading at or above pre-corona levels because of speculation on the effects that the corona-crisis, and ensuing government action, would have on their short-term profits. Shit got out of control and now Apple is now worth 2 trillion dollars even though its net income has been stagnate for the past two years. Are you too stupid to even realize the risk inherent in such a arrangement? Everything in this market is built on sand. You can make a lot of money in it, but that doesn't negate the underlying insanity and risk of it.

[Anonymous No.21382641]

Kek, a stock is only as valuable as what people will pay for it and the demand of it. Look at Amazon. Shits at over 3000 per w/a cap of 1.58T. Apple is almost 2T cap but is just 460 per share. MSFT is 1.58T cap but is just 208 a share. But in Apple's case on 8-31 that share price will drop to around 115 per. 115 per for an almost 2T cap company. Yeah... that's cheap. Absurdly cheap, which is why it won't last. It'll climb back up. All to your gain. 10,000 investment pre split = 10,000 investment post split. Just you'd have more shares post than you did pre. But cheaper shares. Which as I said will only go up. So lets say those shares double, 115 to 230. Well you've just doubled your investment. 10k to 20k. On nothing but demand.

[Anonymous No.21382653]

>>21379907
Then why not just get the FNGU etf instead of the individual stocks?

[Anonymous No.21382678]

>>21380572
Based retard

[Anonymous No.21382700]

>>21382579
Buy it in robinhood while you take a dump. Sell it for pennies more a share but thousands in profit. Resume coke and hookers

[Anonymous No.21382739]

>>21382641
>Shits at over 3000 per w/a cap of 1.58T. Apple is almost 2T cap but is just 460 per share.
Stopped reading right there. You have to have an IQ of at least 75 to post in /smg/.

[Anonymous No.21382745]

alright everybody. whats your plays from tomorrow?

[Anonymous No.21382754]

>>21382579
Well ok. Point taken. I’m just saying that the average guy is buying stocks to bear inflation and hopefully outperform the market. So he can retire at some point and get a sailboat or some shit. 99.99% of share holders don’t give a fuck about “owning a piece of the company.” They see the share as currency they can exchange for cash.

[Anonymous No.21382822]

>>21382407
Nice cat, senpai
I still don't understand why people invest in a company purely because they think others would invest in it... sounds like trying to time a pump and dump rather than trying to grow buying power through partial business acquisitions.
imo the way corporations invest and acquire other businesses should be the same way you invest your stocks

[Anonymous No.21382865]

>>21378753
>reddit bookbag kimposter is back
sorry, but /co/fags should be gassed

[Anonymous No.21382885]

>>21382745
sell everything and be capable of sleeping over the weekend

[Anonymous No.21382905]

>>21382595
Those are people buying businesses and directly receiving profit from it, retard, not just buying the ownership itself. There would be no reason to have minority ownership in any company without profit or at least the speculation that it will be worth more in the future as the company grows. Stocks absent dividends and buybacks is ownership without profit, they only rise in value because of liquidity flowing into them in the right market conditions and the underlying performance of the company.

The fact that there are tens of thousands of companies that aren't growing and not offering any dividends yet still go up in value because of the greater market shows that it's a giant ponzi scheme, only the scheme never ends.

[Anonymous No.21382907]

>>21382360
Got 8k in, just holding on

[Anonymous No.21382914]

>>21382314
Learn to read a balance sheet

[Anonymous No.21382924]

>>21379335
>When he finds a stock he likes he basically goes ALL IN on it.
Hey that's what I do.

[Anonymous No.21382949]

>>21382641
are you okay anon?

[Anonymous No.21382966]

>>21382641
Fucking retard. The price of the share literally means nothing, it’s cosmetic at most. It’s the exact same thing to buy 10 shares at $50 as buying 1 share at $500

[Anonymous No.21382969]

>>21382641
Go back to wall street bets you absolute fucking retard. The average IQ and portfolio quality of /smg/ seems to have drastically decreased exponentially since February.

[Anonymous No.21383002]

>>21382745
Let my OTM spreads expire worthless or try to flip individual legs for a quick buck, then write 0.9% return on 8/17 SPY weekend spreads

[Anonymous No.21383005]

>>21382314
>They can produce garbage and people will buy it.
They can produce one garbage product and people will buy if.
Two in a row and even Apple will start to lose it's luster. Not all at once, but it can turn.

[Anonymous No.21383013]

>>21382822
Thx fren

[Anonymous No.21383022]

Epic games is sueing google to

https://twitter.com/Slasher/status/1294073105376333825

[Anonymous No.21383051]

>>21382949
Well I am kinda fucked up now. took some pills and drank a bit so uh yeah. I don't got a fucking clue what I'm doing friday..

[Anonymous No.21383070]

>>21380161
no, thats about 92 usd
remember for yen to usd, just remove the last number if its hundreds, last 2 if its thousands, and so on, then thats generally the usd valuation

[Anonymous No.21383072]

>>21382189
Fuck back off to r*ddit

[Anonymous No.21383080]

>>21383022
Google is a giant and can fight off pretty much any lawsuit. The only real challenge would be the Federal Government/SEC.

[Anonymous No.21383114]

>>21383072
What is this r****t place you speak of? Never heard of it.

[Anonymous No.21383165]

>>21383022
>Epic games
>sueing google
>Epic games
>sueing
>google
wow I knew zoomers were dumbfucks but I never thought I'd see the day when epic thought they could go up against google and win.
for once I'm rooting for alphabet.
FUCK EPIC
FUCK TENCENT
FUCK CHINA

[Anonymous No.21383168]

>>21382189
>Tech stocks are due for a nasty correction
Is your only way of thinking "line go up fast so it must come down haha"?
Absolute fucking retard, I hope nobody on /smg/ actually reads your retarded posts ever

[Anonymous No.21383177]

>>21383114
This image is okay, but something stops me from really enjoying it.

[Anonymous No.21383198]

Good night
Going to bed frens

>>21382745
Nothing.
Made a dumb decision to write some FB puts today and I have to wait for them to expire now.

Maybe close my AAPL positions and open a NVDA put instead.
>>21382822
There is a difference between holding shares and actively running a business.
You buy shares because you think others will think the price will go up and buy so the price goes up.

You can't compare corporate take overs to small fry investing in KO or WMT. They have different goals and strategies than the shareholders.
>>21382914
Learn to trade.
Stocks is present and expectations. You attempt to remove 50% of that equation. People still buy TSM because they know that entry into the semiconductor market is getting harder every year and they see them getting closer to the US government.
Neither will show in the next revenue or income table. But hope for a better futurewill drive the price up.
>>21383005
I never owned an Apple product and never will because it's overpriced garbage. But the people I see buying them do not know what is a garbage product. They do not use the full power of a 2015 phone with their Instagram posts and the only important thing seems to be the camera.

Oh... And the logo naturally.

[Anonymous No.21383238]

my friend took his measly +6% profits on Tesla today so he's cursed it to pump tomorrow now.
you're welcome

[Anonymous No.21383266]

[Anonymous No.21383267]

>>21381043
Serious gains if the science pans out. The double edged sword are the greedy dumb jews running the company

[Anonymous No.21383312]

>>21383238
>Imagine SELLING TSLA of AAPL right now
IMAGINE

[Anonymous No.21383322]

>>21383266
Nobody fucking cares. Where are all these retards coming to /smg/ from with these retarded irrelevant sensationalist headlines?

You really think this is remotely relevant when we just had a Congressional hearing regarding anti-trust for these companies just some weeks ago?

[Anonymous No.21383333]

>>21382515
> no businessman would buy part of a company if it didn't offer any profit
>People buy stocks because they think they'll be worth more in the future, it's an everlasting ponzi scheme backed by liquidity flowing in and no other good investment alternative. If you had to look at true value, you wouldn't even buy most dividend stocks.
Reread your post. If people are buying stocks that are not fairly priced, far above what they are actually worth, what does that tell you about the market as a whole? It is over inflated because there is a disconnect in price of stocks versus actual earnings as a whole.
I think you could still find fair investments, just avoid the majority of pump and dumps on /biz/.
YOU are a small corporation acquiring pieces of larger corporations which should increase in measurable value by earnings. These earnings translate to a growth in the power of your ownership in the company.

[Anonymous No.21383337]

>>21383266
So does epic game store take a % off titles sold on it by others? Or do they take 0% forever?

[Anonymous No.21383403]

For any AAPL holders, here's some nice data to look at as you hold the stock for a company that is now worth 2 trillion dollars, putting on nearly a trillion in the last two years, but has yet to increase its net profit to accommodate that added market cap. And the corona-boon, if any, won't materialize that needed 50 billion profit boost either. I'm in favor of making money, but don't be a pig.

https://www.macrotrends.net/stocks/charts/AAPL/apple/net-income

[Anonymous No.21383439]

>>21383266
I hope Epic wins. Fuck Google and fuck Apple.

[Anonymous No.21383487]

Why don’t liberals own stocks?

[Anonymous No.21383488]

>>21383439
honestly fuck all 3. may they waste millions in litigation and solve nothing.

[Anonymous No.21383524]

>>21383487
Liberals don't have money.

[Anonymous No.21383553]

>>21382189
>But the entire reason people are buying is because they believe they value will rise in the near future
how new are you? October will be the biggest rugpull in history and anyone who has been trading for more than a year knows how shitty October is in general, let alone in election season.
>>21383238
>my friend took his measly +6% profits on Tesla today so he's cursed it to pump tomorrow now.
no one cares about your friend
fuck off.
>>21383266
Imagine the countersuit when epic loses. they're going to experience AT&T levels of analrape once it's all said and done.
fortnite and tiktok zoomers on suicide watch already. See >>21383439 for the beginning the salt mines.

[Anonymous No.21383612]

>>21383403
I was just looking at them. 10% sales yoy. 100% price increase.
fed prints money stonks go brrrr

[Anonymous No.21383619]

>>21383553
The fact that you think there will be a rug pull in October means that the golden bull run will begin in October to kick off the roaring 20’s

[Anonymous No.21383624]

>>21383403
>https://www.macrotrends.net/stocks/charts/AAPL/apple/net-income
Apple has 1.5 billion+ devices in the world and has been swapping to more non-device based income. Stop reading just the charts and look at the world first.

>>21383553
>biggest rugpull in history
Show me your puts then.

[Anonymous No.21383658]

>>21378783
On the plus side, there were some insider buys last week for RKT. The director bought almost 350,000 shares at $18.

[Anonymous No.21383685]

>>21380447
Last time they did this TQQQ went up like $20

[Anonymous No.21383694]

>>21383487
might be general here but the ones i know don't get the concept of "pay yourself" every dollar they get they give to somone else.

[Anonymous No.21383697]

Okay anons, don't stay up too late!!! Remember to drink plenty of water and get a healthy 8 hours of sleep for the big day tomorrow.

[Anonymous No.21383722]

>>21383553
What is about October that spooks investors?

[Anonymous No.21383726]

>FOR THE FIRST TIME SINCE 2016, U.S SENDS STEALTH BOMBERS TO COUNTER CHINESE THREAT
FOR THE FIRST TIME SINCE 2016, U.S SENDS STEALTH BOMBERS TO COUNTER CHINESE THREAT
>FOR THE FIRST TIME SINCE 2016, U.S SENDS STEALTH BOMBERS TO COUNTER CHINESE THREAT
FOR THE FIRST TIME SINCE 2016, U.S SENDS STEALTH BOMBERS TO COUNTER CHINESE THREAT

https://www.thetimes.co.uk/edition/world/us-sends-stealth-bombers-to-counter-chinese-threat-fc33g6jnf

[Anonymous No.21383739]

>>21383697
What’s happens tomorrow?

[Anonymous No.21383756]

>>21383198
Trading =/= investing
Yes, people buy shares of a company for speculative reasons. Speculation can be lucrative in the short term, especially when your portfolio is small and you have little to lose. But once your portfolio gets to big boy digits you need to be much more selective in how you approach your purchases. If you're not trading based on the balance sheets you're going to have a rough time in the future.

[Anonymous No.21383763]

>>21378753
BULLISH

[Anonymous No.21383768]

>>21383553
For what? I don't care about Epic either, but anything that fucks big tech is good.

[Anonymous No.21383771]

Put/Call ratio in Tech

[Anonymous No.21383803]

The market is in a bubble, but a very special bubble unlike bubbles of the past this, bubble is something im going to call a ''doomsday bubble''
the reason bad corona virus news causes the stock market to rise is because people can't work, so they need a source of income,so they buy stocks, if my theory is correct when the general economy comes out of lockdown we will see the crash so many bears say is going to happen because all those people will sell off their stocks.

[Anonymous No.21383827]

>>21383624
So where's that extra income you fucking moron? You may be allergic to charts, spread sheets, intelligent thoughts but others aren't. My God, the average IQ on this whole board has to be in the single digits, with this thread being a noticeable outlier in the negative region.

[Anonymous No.21383836]

>>21383333
How many stocks are fairly priced absent speculation that the price will increase in the future? If you look at true value of what you are buying, even most 'value' stocks are overvalued because most of them pay unimpressive dividends and offer very little for your ownership of them. That is why price increase is the key consideration to concern yourself with. It doesn't matter to me if a company has a great PE ratio and is growing rapidly if it's unlikely to increase in price. Fundamentals would only be the main consideration if the market was rational and people were focused on getting actual profit from their ownership and not speculating.

[Anonymous No.21383863]

>>21383726

[Anonymous No.21383866]

>>21383266
A 20-30% cut doesn't sound so bad for access to a massive audience. Now what is Epic going to do? Ask Android users to sideload? Heh.

[Anonymous No.21383896]

>>21382745
Buying GME and AMC. I'll play the long game along with a few airlines.

[Anonymous No.21383920]

>>21380813
>DENN
I have like 8 calls on DENN

[Anonymous No.21383936]

>>21381020
fag

[Anonymous No.21384021]

>>21383920

[Anonymous No.21384034]

>>21383619
>golden bull run will begin in October to kick off the roaring 20’s
Wrong, if trump wins the golden bull run starts on November 4th at the ding
>>21383624
>Show me your puts then.
I don't have any yet. I went to 100% cash at the high yesterday and will stay that way until September 1st.
>>21383722
>What is about October that spooks investors?
October 19th, 1987. Also its election season and if a president who implements taxes and regulations get into office you can expect the most whales pullback since cashflow will be down. I genuinely think that robinhood zoomers will kick the chair once SHTF since most of them have very little experience.
>>21383768
>I don't care about Epic either, but anything that fucks big tech is good.
anything the fucks china and gives american companies an advantage is good
I.E. Tencent & TikTok getting fucked out of datamining= less money and influence for china
never bet against america

[Anonymous No.21384044]

https://www.businessinsider.com/apple-walked-right-into-epics-antitrust-trap-by-banning-fortnite-2020-8

https://www.nytimes.com/2020/08/13/technology/apple-fortnite-ban.html

This is it. This is the catalyst that kills tech.

[Anonymous No.21384060]

>>21381997
Always hated this idea. By that logic everything should be worth 100 trillion dollars.

If everything is based on “forward thinking” then DIS should be 100000 a share because in 3000 years it will be fairly valued.

This is why I refuse to buy TSLA.

[Anonymous No.21384079]

>>21383658
...that's because he had to... nice bait

[Anonymous No.21384090]

>>21384034
Fuck Google.
Fuck Apple.
Fuck Epic.
Fuck Tencent.
And Fuck China!

[Anonymous No.21384104]

>>21383827
The market is forward looking and isn't only about income anymore, look at Intel for example. They still have great EPS, awesome PE, beat expectations and.. tanked because the future isn't looking bright for them. The future looks bright for Apple due to the increased business from the exponentially increased device footprints.

Like I said, show me your puts or shorts on Apple if you're so sure. You can't, because you're just blabbing nonsense. Shut the fuck up if you can't back up your ~theories~ without actual plays.

[Anonymous No.21384119]

>>21383756
If you're solely based on present balance sheets, disregarding future developments, then you can not buy any company as the price will always grossly exceed "fair value".
Trading solely based on balance sheets is idiotic and there isn't even a nicer word for it.
Stock price is present+future. A balance sheet is only half of the things that make a stock rise and fall.

>But once your portfolio gets to big boy digits you need to be much more selective in how you approach your purchases.
I'm trading mid six figures. And I am up six figures YTD.
Just in case you think smugly bragging about having more money is an actual argument lmao

[Anonymous No.21384131]

>>21383439
Shut up Chang.

[Anonymous No.21384146]

>>21383836
There aren't many businesses trading at a fair value desu. Speculation plays a part in this, but so does QE and the FED. The market has historically tried to maintain an average P/E between 10 and 15. We're not dotcom levels of stock price inflation, but we have been overextended for a long time. There's nothing wrong with a little swing trading, just make sure you have your stoplosses in place and don't risk anything you aren't afraid to lose.

[Anonymous No.21384164]

>>21384044
Apple doomsday Fortnite epic gamer turns out to be a..
>>21379112
>https://twentydollarsashareorbust.com/
NAK bagholding retard

Ignored as usual, fuck off back to /ptg/ please

[Anonymous No.21384249]

>>21383771
So a 0.8 ratio means .8 puts for every 1 call, suggesting that the overall sentiment is the market will go up?

[Anonymous No.21384296]

>>21383803
We've definitely seen an influx of cash into the market. Quantifying where it came from is the hard part. You've got to consider the negative real yields in bonds and treasuries. People want to at least beat inflation, and they want to do it safely, but their options are very limited. Tech has continuously been the backbone of this idealized security and positive real yields, both from the perspective of investors and traders.

But that is a problem, not in that they're wrong, they're entirely correct that it is secure and that it still remains a continuous growth sector. But the current valuations are a far departure - in many cases - from the reality of fundamentals. With that disconnect in mind, consider interest rates, and yields moving up at any point. The fed has so much control, and they've so far managed a decent house of cards, but any wrong step by them could be catastrophic, and it will send the far departed tech sector valuations to meet with their fundamentals.

[Anonymous No.21384302]

>>21384249
that's how i read it

[Anonymous No.21384310]

Epic doesn't even want money
Literally a nothingburger

[Anonymous No.21384336]

>>21383936
Ty

[Anonymous No.21384368]

>>21383827
You're kind of a jerk, dude.

[Anonymous No.21384448]

>>21383739
Tomorrow?
Sun rises.
Stock market opens and closes for the weekend.

Consumer sentiment index released (MCSI)

[Anonymous No.21384458]

>>21384060
It’s layman vs those in the know.

I’m an appraiser. I can ask any retards on the street if they think values are going up or down and get 50 different answers.

I can ask real estate brokers and they’ll give me a few different answers and information.

People pay for my opinion and use it as collateral. I’m supposed to be the most likely person to know what is happening in the market.

Stocks are just like this. There are people with firsthand knowledge of what is actually driving value and they will always beat everyone else. We’re all just trying to keep up depending on which way they move. The biggest bag holders go off that information that they pay tons of money for. When they sell, everyone sells. These are the people that determine actual value, everyone else is just hoping they get it right along with them.

[Anonymous No.21384494]

>>21384310
Don't they? This is great publicity.

Also, antitrust comes into the spotlight in full force, tech gets broken up and NASDAQ goes to 0

[Anonymous No.21384496]

This just in, a freak crab attack is rampaging through Asia.

[Anonymous No.21384514]

>>21384119
Proud of u big boi.
Nothing wrong with swing trading, but I worry about new retail traders on /biz/ buying into stocks purely on hype. There should always be a quantifiable reason for purchasing a stock

[Anonymous No.21384557]

>>21383756
Balance sheets are meaningless have been for decades

[Anonymous No.21384597]

>>21384514
>There should always be a quantifiable reason for purchasing a stock
Stock makes my peepee grow 10-30% when I think about buying it = slam the buy button.

[Anonymous No.21384719]

NES

[Anonymous No.21384792]

>>21384146
To summarize my point, I no longer believe that the fundamentals by themselves matters because even if the market had a great average PE or PEG, it would still be overpriced if you exclusively looked at stocks as 'how much money are these businesses going to give to me for my stake in them?'. It's all overextended and probably has been since the first stock exchange opened. It's a question how overvalued can the market get until people get concerned about it being overvalued and it crashes but it will probably never crash to a point where it's correctly valued. When it crashes, it will affect value stocks as well so I don't think your strategy offers much protection, it's a rock people cling to against a irrational machine. Getting overly concerned with fundamentals is in itself irrational.

I think the most profitable strategy is acknowledging it's like a never ending ponzi scheme and you should just look at the likelihood that a stock will go up and by how much. If the music ever stops, everyone is fucked anyway.

[Anonymous No.21384826]

>>21384557
I highly recommend looking at how a company financially performs before purchasing a share. There are cool ideas out there, but ideas don't make money. You can take advantage of others speculating on that idea to turn a profit, but understand what you are paying for.

>>21384597
big digg nigga

[Anonymous No.21384840]

>>21383763
>>21383726
DEFENSE STOCKS MOOING OPENING BELL IT'S HABBEING

[Anonymous No.21384879]

>>21384146
Are you using a weighted index as your average P/E model? Here's a quick list of familiar aberrations:

TSLA - 834
GLW - 321
SQ - 317
AMD - 162
HPE - 152
ADSK - 173
AMZN - 121
NFLX - 85
NVDA - 85

Of course there's countless thousands of others with astronomical P/E ratios. Personally, I don't see it as representative of a healthy market. I imagine we'll see slippage.

[Anonymous No.21384896]

Have 20k I can risk in credit spreads and I have a few questions for you anons familiar with this stuff.

1. How far out (date wise) should my credit spreads be?

2. Which is generally better in credit spreads, calls or puts?

3. What amount credit should I generally aim for in relation to the amount I'm risking and how soon should I close it out? Eg risking $1k collateral so minimum credit should be 8% ($80) and cashing out once I've made a return od 50% ($40).

[Anonymous No.21384899]

>>21384840
>DEFENSE STOCKS MOOING
Source?

It’s not even premarket yet, are you looking at some sort of LMT adr that trades on the Japanese exchange or something?

>>21384826
Nah, just a grower not a shower.

[Anonymous No.21384910]

OH FUCK I SAID SCREW THE GEOPOLITICS RISK AROUND TSM
BUT NOW THAT SHIT IS ESCLATING I AM GETTING COLD FEET

[Anonymous No.21384961]

>>21384899
Defense stocks always moon when it happens

[Anonymous No.21384968]

>>21381020
might just fill

[Anonymous No.21384974]

>>21384910
The Taiwanese don’t seem overly concerned.

Arkmommy cathy wood just added to her TSM position in ARKQ today.

[Anonymous No.21385034]

>>21384840
>ramp

Lol Asian carriers are fucking hilarious

[Anonymous No.21385061]

>>21384792
Who says when the music stops? If fundamentals are out the window at this point and individual investors are investing in the latest meme tech stocks without any research, why would it stop?

[Anonymous No.21385232]

>>21384792
I get where you're coming from, once it all fails we're all screwed. I'm just saying it's important to hedge risk by understanding the quantifiable metrics related to business operations.

>>21384879
Got the image from this article
https://seekingalpha.com/article/425081-10-gold-producers-with-undervalued-p-e-ratios
It's from 2012, I'm sure there is an updated graph out there somewhere.

[Anonymous No.21385266]

>>21385061
>Who says when the music stops?
Congress and the Fed, typically.

[Anonymous No.21385346]

I really want to get into investing but I have no Idea how to start now that I have my robinhood account

[Anonymous No.21385373]

>>21384879
Those stocks you listed have astronomical P/E ratios but reasonable ratios relative to the rest of the market if you include growth.
>>21385061
The fundamentals are out the window but people never truly admit to this and the market can correct to some still ridiculously overvalued level but that's not really the music truly stopping. For that I think it would take something other than humans looking at the situation objectively and seeing that we're basically trading baseball cards to each other and it only works because of money flowing into the game. Maybe our AI overlords will put a stop to it, but at that point money probably won't matter much because they'll be allocating resources directly to you.

[Anonymous No.21385393]

>>21384974
man, i mean i just dont want it to dip down to $75 because it'll make me sad for increasing my position too soon.
Other than that im pretty fucking confident on more upside on TSM once it's revealed how much intel paid TSM to get the massive capacity so fast, and whatever entire lineups (which will be dependent on TSM) intel will announce.

dont care about SMIC, just bullshit FUD scaring away people who don't actually understand they can't actually catch up to TSM. Maybe they can catch up to Intel but that's not saying much.

[Anonymous No.21385394]

>>21384896
that's a comfy pepe

[Anonymous No.21385402]

>>21385346
Buy some stock of a product you like. Literally step 1

[Anonymous No.21385421]

>>21385373
The market isn't really out of whack. Tech is still undervalued and will continue to rebalance towards more healthy valuations.

[Anonymous No.21385426]

short ebay....

[Anonymous No.21385529]

>>21385421
>tech is undervalued

LOL

[Anonymous No.21385558]

>>21385421
Undervalued how? Those P/E ratios are absurd >>21384879

[Anonymous No.21385639]

>>21385529
>>21385558
Wisdom

Just jot down qqq and soxx value right now and write "undervalued" and post it somewhere with "look st in jan 2021"

[Anonymous No.21385709]

>>21385639
This sounds like a fun exercise actually. Going to write down the prices of everything in my portfolio, what I think of their valulation, and check on it in 6 months.

[Anonymous No.21385745]

>>21385709
It's more of the fact human psychology is not swayed by argument. There is one way and one way only to keep score in trading.

[Anonymous No.21385763]

>>21385639
>Gauging sector values with ETFs, one a 3x leveraged.
Seriously, this thread is full of morons

[Anonymous No.21385785]

This is my life's savings. Please stop FUCKING SELLING R÷EEEEEEEEEEEEEEE

[Anonymous No.21385788]

What does this fox article mean?

Workhorse bid unclear?
Kind of obvious Ford is getting it.

[Anonymous No.21385822]

>>21382605
>Everything in this market is built on sand.
Of course. I don't dispute that at all.

[Anonymous No.21385826]

>>21385763
Hi. Im sorry. Your post mentally hurts me by how immensely ironic it is.

Actually the post-universe even cringed at the spectacular irony.

[Anonymous No.21385846]

>>21385785
post positions

[Anonymous No.21385850]

>>21382374
TQQQ is an index tracker and it doesnt fucking matter how many retarded retail redditors think theyre warren buffet by buying it, it will not have any effect on the fucking NASDAQ that is powered by FAGMAN. shut the fuck up with this shit

[Anonymous No.21385851]

The market is totally predictable.

[Anonymous No.21385857]

>>21385232
I agree. I still use fundamentals to aid in price prediction but I'm more considering how people react to their extremes rather than the fundamentals themselves.
>>21385558
You really need to use PEG if you're going to try to value something in this way. A company growing 50% each year and a company that isn't growing won't be treated the same way by the fewer people that care about 'value'.

This is outdated but I think the the PEG S&P versus tech are very similar.

[Anonymous No.21385870]

>>21385785
everybody has bad weeks, you're going to make it

[Anonymous No.21385872]

>>21383266
>battle royale
Cute. That's real cute, Marketwatch

[Anonymous No.21385877]

>didn't just go all in on
>zoom
>wayfair
>overstock
>nvax
what else did karens beat us with? 1000%+ returns right here. i even personally know a mom that just put everything into wayfair months ago and now she's rich as fuck.
meanwhile i've wasted months on this garbage and i'm like +20%

[Anonymous No.21385898]

>>21383726
FUCK YEAH ROCK AND ROLL DEFENSE STOCKS GOOOOOOOOOOOOOO

[Anonymous No.21385905]

>>21385846
Don't laugh at me

[Anonymous No.21385916]

>>21385857
People changed value of bigtech because of recession performance.

I hate netflix emotionally. But it performs better in any country in recession. Its recession resistant.

That increases the valuation on tech irregardle of events.

[Anonymous No.21385934]

>>21385905
You think BAC is dropping below $5?

[Anonymous No.21385962]

>>21385788
Obviously WKHS like a dark horse will come from behind and snatch that contract.

[Anonymous No.21385967]

>>21385905
Metal will bounce back but you should hold some steady positions to keep from getting suicidal.

[Anonymous No.21385980]

>>21385916
Tech is more than the market viewed it as. Its infrastructure like nature made it due for a multiple expansion.

How much % of world capital is owned by people who are under 50. Its tech illiterates driving tech investment. Its still not valued properly.

[Anonymous No.21385985]

>>21380727
BANKS??

[Anonymous No.21385994]

making new standby...

[Anonymous No.21386071]

You guys are so retarded when it comes to PE ratios.

If you are so scared of tech having ~insanely bubble popping 2000s dot com bubble burst PE ratios~ of 162 AMD, 121 AMZN, 85 NFLX..

Go all in on these amazing stocks with great PE ratios instead! Surely it'll work out amazingly for you.
XRX 2.90
NCLH 3.54
DAL 3.92
CCL 3.51
UAL 3.08
AAL 3.50
MGM 5.47
GM 5.96
ALK 6.06
WFC 6.13

Wow look at all those amazing PE ratios! Nothing can go wrong going all in on cruiselines or airlines right now. Nobody will go bankrupt, not the slightest chance.

[Anonymous No.21386075]

NEW NEW NEW NEW NEW

>>21386065
>>21386065
>>21386065
>>21386065

>>21386065
>>21386065


>>21386065

[Anonymous No.21386094]

>>21386071
Look at earnings, too. Dingus.

[Anonymous No.21386114]

>>21386071
Anon, I'm going to screencap this and post it again next summer to compare. I expect a portfolio of solely those stocks you listed will outperform the S&P over that time.

[Anonymous No.21386129]

>>21386094
But you guys wanted to just talk about PE ratios. You guys didn't want to talk about the future, or speculative things. You guys want solid stocks right? With good PE ratios??

[Anonymous No.21386143]

>>21385934
Great depression 2.0

The eurodollar collapses in September and bank of America with it. Get ready frens

[Anonymous No.21386227]

>>21385980
Nothing is valued properly but even if tech is overvalued relative to the rest of the market, it still will likely outperform because people are forward looking and they believe it to be the better investment so more money will flow into it. It's 2020, I don't want to own businesses with brick and mortar stores. I don't want to own oil. I don't want to own bonds with a 0.02% rate. My hand is forced into tech out of lack of better alternatives.

[Anonymous No.21386265]

>>21385980
I'm also inclined to pursue this line of reasoning. Imagine if its true for facebook and Microsoft how true it is for something like cloudflare

[Anonymous No.21386268]

>>21382388
idk lol
ccl looked cheap yesterday so i loaded up on weekly calls and they doubled in value today, never looked back

[Anonymous No.21386301]

>>21386143
yeah thats not happening by september at least

[Anonymous No.21386482]

>>21386301
Probably not till we are gone as a generation. I dont know after 2008 Europe is still somehow alive after the Mediterranean bank debacles from spain to greece.

[Anonymous No.21386543]

>>21386129
People with an IQ > 75 were discussing how we evaluate the value of a stock and whether a high stock price is justified when earnings are low. P/E is one metric - low PE = you pay less price for what the company earns. Quarterly earnings growth, annual growth, and lack of debt are just as important when you invest.
Or you could invest in meme pump and dumps. It sounds like it's working for you.

[Anonymous No.21386748]

>>21378753
>>Wife Market:
>https://mangadex.org/title/99/billionaire-girl
>ntrbait
This is shit