/biz/ - Business & Finance

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/smg/ - Stock Market General Anonymous Tue Oct 1 16:43:28 2019 No.15782043 [Reply] [Original]

full English edition

List of popular brokers:
https://pastebin.com/Dar8zS0k

List of basic stock market terminology for newfags:
https://pastebin.com/VtnpN5iJ

Risk management:
https://pastebin.com/sqJUcbjp

Real-time market news:
https://thefly.com/index.php

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

Free charting tools:
http://www.tradingview.com
https://www.koyfin.com/
https://www.finscreener.com/

Stock screeners:
https://finviz.com/
https://www.tradingview.com/screener

Premarket Data and Live data:
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/

Biopharma Catalyst Calendar:
https://biopharmcatalyst.com

Pump and Dump Advertising:
https://stocktwits.com

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

Basic rundown on lean hogs:
http://www.theoptionsguide.com/lean-hogs-futures-buying.aspx

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

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

>>15779540

>>	Anonymous Tue Oct 1 16:47:17 2019 No.15782091 File: 516 KB, 1366x2048, KotoriFiredChiggin2.jpg [View same] [iqdb] [saucenao] [google] HAPPY BIRFDAY 4CHAN also I'm hungry

>>	BagholderExtraordinaire !kDjFcJuZkQ Tue Oct 1 16:47:24 2019 No.15782092 what are the burnt things?

>>	Anonymous Tue Oct 1 16:47:55 2019 No.15782100 >>15782092 Blood sausage.

>>	Anonymous Tue Oct 1 16:48:03 2019 No.15782102 File: 11 KB, 210x240, xosx.jpg [View same] [iqdb] [saucenao] [google] >no toad in the hole also buying Ameritrade after hours because it struck the Bollinger B free money strat. Free money up to 37

>>	Anonymous Tue Oct 1 16:48:20 2019 No.15782103 >>15782092 britsh "food"

>>	NakedMan !!EjrV6vxNB8q Tue Oct 1 16:49:17 2019 No.15782109 I'm gonna be laughing at you boomers until 2022 when NAKD is at $7.25

>>	Anonymous Tue Oct 1 16:49:34 2019 No.15782112 >>15782092 black pudding

>>	Anonymous Tue Oct 1 16:50:09 2019 No.15782117 File: 114 KB, 1920x1080, 0___063.jpg [View same] [iqdb] [saucenao] [google] >>15782102 holy hell that gap down tho

>>	Pendulum !!97YdFhwozvv Tue Oct 1 16:51:15 2019 No.15782129 >>15782117 Schwab is getting rid of commissions

>>	Anonymous Tue Oct 1 16:51:19 2019 No.15782131 >>15782102 That’s why I posted the chart for you :) But not confidant in the company. It’s no JACK

>>	Anonymous Tue Oct 1 16:51:53 2019 No.15782135 >>15782043 OP is a fag who makes new threads too early because MMEMEMEMEMEMEMEMEMEMEMEEMEMEMEM

>>	BagholderExtraordinaire !kDjFcJuZkQ Tue Oct 1 16:51:57 2019 No.15782136 >>15782103 oh yeah you're right, everything except the eggs looks overcooked as fuck.

>>	Anonymous Tue Oct 1 16:52:04 2019 No.15782137 File: 85 KB, 601x601, 1425343954999.jpg [View same] [iqdb] [saucenao] [google] >MY MONEY!!

>>	Anonymous Tue Oct 1 16:52:31 2019 No.15782140 File: 362 KB, 807x1286, something in the distance.jpg [View same] [iqdb] [saucenao] [google] >>15782102 whoah it dropped 25% cuz schwab is going commission free? You sure about this one? >>15782092 black puddi (v nummy)

>>	Anonymous Tue Oct 1 16:55:27 2019 No.15782167 >>15782136 >overcooked That's just called extra crispy recipe

>>	Anonymous Tue Oct 1 16:55:30 2019 No.15782169 >>15782131 >>15782140 I understand the fundamental reason but fundamentals do not stop the bollinger. If it doesnt hit 37, this will be similar to being hit by lightning

>>	Anonymous Tue Oct 1 16:56:31 2019 No.15782176 W-W-We’re going to be green tomorrow right biz?

Anonymous Tue Oct 1 16:56:39 2019 No.15782177
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>>15782085

Just because something is at ATH's doesn't mean it can't go higher. We're either in a 1998/1999 moment or a 2007/1929 one right now, where stocks will go FUCKING INSANE in the next 12 months in gains or drop considerably.

Here's the Case Shiller Index for the S&P 500, which is essentially a way of valuing stocks historically.

Anonymous Tue Oct 1 16:58:11 2019 No.15782189

>>15781938
I mean yeah, we're clearly heading to critical lows if this goes on. What most of us have expected for some time are starting to show, weakness every where and it's pretty safe to say that if nothing progresses between China-US, then we're heading towards a recession. This trade war is CLEARLY having an affect on consumers since they are willing to spend but doesn't because they fear the economy is going to take a shit soon, which the numbers yesterday showed us.
So I hope Trump comes up with a new chingchong agreement or fresh 2019 lows are upon us. We can still short the market for profits, but I think we all enjoy seeing a bullrun.. green is more fun.

>>	Anonymous Tue Oct 1 16:59:40 2019 No.15782201 >>15782169 Hmmm. I don’t know, I might have to wait for a second dove.

>>	Anonymous Tue Oct 1 17:01:54 2019 No.15782223 File: 235 KB, 624x557, 1557873160590.png [View same] [iqdb] [saucenao] [google] Green days are canceled!

>>	Anonymous Tue Oct 1 17:02:37 2019 No.15782227 Also, >all those large spec who were shorting vix How long will it take for them to be right?

>>	Anonymous Tue Oct 1 17:03:12 2019 No.15782231 File: 43 KB, 600x440, b83e3e944ef2c45af9de52260ebfe64d.jpeg.jpg [View same] [iqdb] [saucenao] [google] >>15782189 I don't think the Big Flush™ is nigh just yet. Moar crab.

>>	Anonymous Tue Oct 1 17:03:19 2019 No.15782232 File: 364 KB, 780x780, rumi lion of allah.jpg [View same] [iqdb] [saucenao] [google] >>15782169 ok we'll see I guess, copped 25 sharies

Anonymous Tue Oct 1 17:04:29 2019 No.15782241
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>>15782189

>but I think we all enjoy seeing a bullrun.. green is more fun.

Green is a slower grind upwards. There is nothing like the thrill from the speed from the onset of a bear market, because it's at that point the market goes fucking loopy and there is massive volatility day-to-day.

Note the dates on pic related.

>>	NakedMan !!EjrV6vxNB8q Tue Oct 1 17:05:48 2019 No.15782252 >>15782223 You cant touch me bobo

>>	Anonymous Tue Oct 1 17:08:33 2019 No.15782277 >>15782252 seriously hoping for another pullback on NAKD since I missed this morning

>>	Anonymous Tue Oct 1 17:09:59 2019 No.15782295 >>15782232 Wow big spender! I guess I could get a 5 or ten... it wouldn’t be so horrible if I had to then buy another 20.

>>	Anonymous Tue Oct 1 17:10:54 2019 No.15782312 File: 143 KB, 600x600, 1506209405435.png [View same] [iqdb] [saucenao] [google] >>15782140 People are probably worried that TD is going to lose clients to Schwab, I guess.

>>	BagholderExtraordinaire !kDjFcJuZkQ Tue Oct 1 17:11:15 2019 No.15782316 FUCKING CRAB MARKET!

>>	Anonymous Tue Oct 1 17:12:39 2019 No.15782333 >>15782043 Full Breakfasts are the shiznit

>>	Anonymous Tue Oct 1 17:13:07 2019 No.15782338 >>15782316 Baggie you have to be a Bull Chad SPY to 500

>>	Anonymous Tue Oct 1 17:13:43 2019 No.15782345 File: 2.37 MB, 1200x1748, 1515727789754.png [View same] [iqdb] [saucenao] [google] WHY DID I BUY ACB

>>	Anonymous Tue Oct 1 17:13:48 2019 No.15782350 File: 244 KB, 704x728, do_something_crab.png [View same] [iqdb] [saucenao] [google] >>15782231 I just want a mega crash to get cheap blue chips.

>>	Anonymous Tue Oct 1 17:14:10 2019 No.15782354 File: 338 KB, 1132x1600, 073 Odin.jpg [View same] [iqdb] [saucenao] [google] >>15782223 Green day TOMORROW

Anonymous Tue Oct 1 17:14:52 2019 No.15782360
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>>15782312
the point is that other brokerages will have to cut their fees and commissions, or lose all their clients.
TDAmeritrade and Etrade have more active traders than Schwab (right now), and get much more of their revenue from it. So they could be losing a large part of their entire business model if they can't make money from traders. That's why their shares are down so much. If all these companies lose, say, half or all of their trading fees revenue, TDA would be hurt the most.

>>	Anonymous Tue Oct 1 17:15:38 2019 No.15782373 >>15782232 Post position

>>	Anonymous Tue Oct 1 17:17:00 2019 No.15782384 >>15782345 My mistake wasn't buying it but doubling down on it multiple times expecting a reversal.

>>	Anonymous Tue Oct 1 17:17:02 2019 No.15782385 File: 63 KB, 650x990, guenon arabic.jpg [View same] [iqdb] [saucenao] [google] >>15782295 Detachment is not that you should own nothing, but that nothing should own you fren. Salamu alaykum

>>	NakedMan !!EjrV6vxNB8q Tue Oct 1 17:17:58 2019 No.15782397 >>15782384 This CHEAPIED

BagholderExtraordinaire !kDjFcJuZkQ Tue Oct 1 17:19:43 2019 No.15782415

>>15782338
If the $293 Resistance level becomes support level the march to $500 SPY has already begun. However things could get bumpy if Trump gets put in a peach before the Great Chinese Trade Dispute of 2019 is resolved. Either way once we defeat communism in the 2020 election we will get to experience our own roaring twenties, except this time the drugs are going to be better and the profits will be higher.

>>	Anonymous Tue Oct 1 17:22:06 2019 No.15782438 File: 21 KB, 916x320, ameritrade 10 1 2019.png [View same] [iqdb] [saucenao] [google] >>15782373 why wouldn't you believe me? The reward of patience in the face of misfortune is more than what has been lost habibi

>>	Anonymous Tue Oct 1 17:25:02 2019 No.15782463 File: 119 KB, 392x379, 1514159779927.jpg [View same] [iqdb] [saucenao] [google] >>15782384 I've been wanting to do that all the way down, but I was just too lazy

God of Calls !!oZXahFyAqDi Tue Oct 1 17:25:19 2019 No.15782468
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>>15782360
>>15782312
even schwab dumped
reminder that ICE is the ultimate casino and the house always wins. when it dumps during the next crisis those who are in it for the long term should pack some bags

Anonymous Tue Oct 1 17:30:06 2019 No.15782513

I just felt lonely after impulse buying, you and rat never show your holdings. Thanks bud.

I don’t trust the Quran’s teachings, though I don’t buy the racial inferiority arguments either. I am suspect of the wisdom of its proponents. every religion that’s lasted thousands of years surely hasn’t some wisdom worth heeding, but how much bullshit is mixed in with it?

>>	Anonymous Tue Oct 1 17:34:41 2019 No.15782542 File: 1.49 MB, 2048x1987, 909CCB1D-17F2-4A58-BF49-FC8A37DFBFE8.png [View same] [iqdb] [saucenao] [google] >>15782513 This for you >>15782438

>>	Anonymous Tue Oct 1 17:37:02 2019 No.15782565 >>15782513 The real question you should be asking is why Islam is an Abrahmic faith and why Iran doesn't practice Zoroastrianism anymore.

LCIguy !7SgaW5KMQI Tue Oct 1 17:39:26 2019 No.15782585

>>15782542
I once sat in a mcdonalds in the morning to do some homework and trade because the internet was out at my house. While I sat there for about an hour I made over $100.. I thought to myself.. wow.. I just made over $100 in one hour sitting here while these people around me that just served me food and will clean up after me haven't even made $12.....

It really changed the way i look at things..

>>	Anonymous Tue Oct 1 17:41:01 2019 No.15782598 dont ask to see people's positions unless your willing to show yours, and your tax returns, and who you voted for kthxbai

>>	Anonymous Tue Oct 1 17:41:41 2019 No.15782604 >>15782585 And now that $100 won’t even buy you a single share of based clownburger... really makes you think.

>>	Anonymous Tue Oct 1 17:43:49 2019 No.15782619 >>15782604 Do you know how many tendies I could buy with that?

>>	Anonymous Tue Oct 1 17:44:28 2019 No.15782623 >>15782585 Yes. But you could have also lost $100, and theyd still have their 12. Risk/reward

Anonymous Tue Oct 1 17:44:39 2019 No.15782624

>>15782513
shh don't tell anyone but Shaykh Sundown is just a holding pattern while I get enough information together to become a Vedic.
What you should know is that the only information in the world worth considering is either internally known (whether at birth or from past lives), or a derivative of a sacred text. It's crucial to remember that concepts such as dignity, truth, and value are all axiomatic, the persistence of any message makes self-evident its own value. Similarly, a debase concept will lead to debase traditions, did Christ not say "Ye shall know them by their fruits. Do men gather grapes of thorns, or figs of thistles?" [Matthew 7:16]? Look at the state of Western traditions, do they exemplify dignity? Can you name a living master of the esoteric traditions? Where then to turn for an authentic tradition of initiation? Sufism is the obvious, the silsila of Sufi masters can be directly traced back to Mohammed (PbUH). It's appealing.

Anonymous Tue Oct 1 17:45:19 2019 No.15782628
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>>15782598
Didn’t your mother teach you not to talk politics? It’s rude.

Who said I wouldn’t show mine? I split the difference. Looks like it just rose a bit on paper thin volume.

Anonymous Tue Oct 1 17:45:22 2019 No.15782629
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He is still standing nice and tall. The Writing is on the big fat wall. Surrender to Him now and be Saved! From this shat that we're in now ok. Surrender to Him and let that Fat Divvy protect you over the next 30 years while you muddle through the shat life tosses at you. Bag a nice Fund while your at it and wham your set for life while your time at your job just passes by. Your Wife may leave you and take all your shat but He will be with you for life till it's time for you to leave this shat hole behind.

>>	Anonymous Tue Oct 1 17:45:37 2019 No.15782632 >>15782619 Just one. If you wanna know why, buy my book! "How I made $100 selling one tendy"

>>	Anonymous Tue Oct 1 17:47:04 2019 No.15782642 >>15782628 >dont talk politics its rude In polite company yes. In literally every other circumstance, it's necessary in a nation who's citizens vote

Anonymous Tue Oct 1 17:51:10 2019 No.15782674

>>15782624
Perhaps, but that doesn’t mean that knowledge doesn’t ALSO exist outside of the self to be relearned, or in other texts that are less well-regarded. And it also doesn’t mean that numerous mistruths and adulterations aren’t lurking in the scriptures. How do I know this “King James” didn’t get something wrong, or one of his scribes miswrote something, or got up to deliberate mischief?

There are infinite paths to dharma.
Infinite books to search through, experiences to derive Truth from.

>>	Anonymous Tue Oct 1 17:53:25 2019 No.15782694 >NAKD up 50% >111 MILLION volume what. the. fuck.

>>	Anonymous Tue Oct 1 17:56:00 2019 No.15782714 I'm finna dump LPTX Very embarrassing

>>	Anonymous Tue Oct 1 17:56:41 2019 No.15782722 Options I should be making right now?

>>	God of Calls !!oZXahFyAqDi Tue Oct 1 17:57:43 2019 No.15782732 >>15782694 100 mio shares not usd

>>	Anonymous Tue Oct 1 17:58:04 2019 No.15782733 >>15782722 Putties on Tesla

>>	Anonymous Tue Oct 1 18:01:30 2019 No.15782761 >>15782714 Really? Stocks also go up, you know. The last time I lost faith in LPTX I regretted it. But now I’m not even following their drugs, I’ve gotten lazy and busy and that’s no good. Still haven’t seen any news though.

>>	God of Calls !!oZXahFyAqDi Tue Oct 1 18:01:35 2019 No.15782763 >>15782732 also the reported volume is wrong. it's 110 mio on the daily candle but on the 12h it's just 4 mio, so around 160k usd

>>	LCIguy !7SgaW5KMQI Tue Oct 1 18:01:50 2019 No.15782767 >>15782623 >not taking risk I guess that's what seperates the men from the boys. gotta take risk once in awhile.

>>	Anonymous Tue Oct 1 18:02:06 2019 No.15782775 >>15782732 That's still 100 million over average. And why is there like 0 information about this company? Is this a Jewish trick? Or some sort of reverse Jewish trick?

Anonymous Tue Oct 1 18:03:39 2019 No.15782788
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>>15782674
The King James is possibly a forgery! Probably should have gone to the Coptic septuagint or something.
The idea that there is truth in everything is completely compatible with all truth stemming from antique sacred texts, by virtue of being comprehensible at all there's some degree of lineage. Even pure glossolalia is too, all emanations differing only in proximity and magnitude.

>>	Anonymous Tue Oct 1 18:03:51 2019 No.15782792 >>15782775 It’s a biz ponzi

>>	Anonymous Tue Oct 1 18:04:55 2019 No.15782803 >>15782788 nah

Anonymous Tue Oct 1 18:05:21 2019 No.15782807
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markets just closed lads, how did everyone do today?

Up 1.04%, pretty quiet day. Made about $60 day trading some futures but lost some value on my overall portfolio because of drops in the $HII I'm holding.

>>	God of Calls !!oZXahFyAqDi Tue Oct 1 18:06:06 2019 No.15782812 >>15782775 there is not 0 info about this company it's your typical penny stock pump and dump with no volume

>>	Anonymous Tue Oct 1 18:08:01 2019 No.15782825 >>15782812 Stocktwits is shilling for 1.00 minimum What's your thoughts?

>>	Anonymous Tue Oct 1 18:08:36 2019 No.15782836 >>15782807 Sucks. But that's to be expected. Since most of my wad is in AMRN. Nothing happening till 11/14 so nothing to get the stock moving really till then. Unless they make an announcement that the Holy Buyout is happening before that date.

>>	Anonymous Tue Oct 1 18:18:03 2019 No.15782932 >>15782836 Down 11.48%. Red man. Meanwhile my T-babies have gained 20% thus far since I bought them. So.. yeah I'm out almost $2000. But it will all be meaningless once Nov 14th gets here. Then I'll be Green baby big time.

Anonymous Tue Oct 1 18:19:01 2019 No.15782949
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I forgot to post this, why is no one talking about NTDOY? Keeps giving up its rallies, even though Nintendo was up BIG last night in nihon.

Also:
>WASHINGTON, Oct 1 (Reuters) - Ukraine has agreed to buy 150 Javelin anti-tank missiles, in a deal worth $39 million, a U.S. congressional aide said on Tuesday, referring to a purchase that is separate from U.S. aid at the center of an impeachment inquiry into President Donald Trump.
>This sale, funded with Ukrainian government and not U.S. funds, was finalized in late June or early July, weeks before Trump's July 25 call with Ukrainian President Volodymyr Zelenskiy that was flagged in a whistleblower complaint.
>Javelin anti-tank missiles are made by Raytheon Co and Lockheed Martin Corp.

That’s probably just pennies for LMT and RTN, right?

>>	Anonymous Tue Oct 1 18:19:51 2019 No.15782960 File: 741 KB, 1280x720, 1569717664483.png [View same] [iqdb] [saucenao] [google] Shorting GM and gamestop, how fucked am i?

>>	LCIguy !7SgaW5KMQI Tue Oct 1 18:21:31 2019 No.15782985 >>15782960 why would you short GME right now?? It's squeezing and heading into holiday season......... grandma and grandpa don't know much about games but they know gamestop does....

>>	Anonymous Tue Oct 1 18:21:34 2019 No.15782987 >>15782043 Holy fuck, brits conquered the whole world to eat like this?

>>	Anonymous Tue Oct 1 18:26:44 2019 No.15783055 >>15782987 Go eat some more fake meat, you bloody poofter.

>>	Anonymous Tue Oct 1 18:29:52 2019 No.15783081 >>15783055 Ya! Got em

>>	Anonymous Tue Oct 1 18:30:46 2019 No.15783090 >>15782694 Imagine someone going all in at the absolute bottom with 30.1k. Thats 49.4k right now. That's half a years salary right.

LCIguy !7SgaW5KMQI Tue Oct 1 18:31:03 2019 No.15783097
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We all getting in on NAKD right?!?!

I really hope so.. really hope we don't have to deal with some faggots coming in here to bash it just because they are assholes..

against the grain mother fuckers!!

NAKD to the moon!!!!!!!

>>	Anonymous Tue Oct 1 18:31:18 2019 No.15783100 >>15782043 >beans for breakfast >hockey pucks for breakfast >not eating your eggs hard. The absolute state of Britain

>>	Anonymous Tue Oct 1 18:36:33 2019 No.15783163 File: 21 KB, 768x205, ameritrade comissions 10 1 2019.png [View same] [iqdb] [saucenao] [google] NANI???

>>	Anonymous Tue Oct 1 18:38:23 2019 No.15783182 File: 173 KB, 850x1202, 1551819890708.jpg [View same] [iqdb] [saucenao] [google] >>15783163 https://www.businesswire.com/news/home/20191001006211/en/TD-Ameritrade-Introduces-0-Commissions-Online-Stock The golden age of trading is upon us.

>>	Anonymous Tue Oct 1 18:44:34 2019 No.15783237 SGMO ANON WE'RE IN THE FUCKING 8'S NOW WHAT THE FUCKING FUCK???

>>	Anonymous Tue Oct 1 18:45:43 2019 No.15783244 >>15783163 Yay, more volatility!

>>	Anonymous Tue Oct 1 18:45:45 2019 No.15783246 >>15783097 Too much euphoria. Buying only if it craters.

>>	Anonymous Tue Oct 1 18:46:27 2019 No.15783254 >>15783182 >inb4 they tax every trade/transaction

>>	Anonymous Tue Oct 1 18:48:05 2019 No.15783268 >>15783097 Went in this morning. What color should I paint my Pinto with these gains?

>>	Anonymous Tue Oct 1 18:49:28 2019 No.15783281 >>15783254 Exactly, let's wait until some law dude reads through their new shit

>>	Anonymous Tue Oct 1 18:50:05 2019 No.15783285 >>15783182 Hmmmm... Maybe I should’ve bought more than 7 shares? Or... is this bad?

>>	Anonymous Tue Oct 1 18:50:52 2019 No.15783299 >>15782136 im eating delicious crispy sausage right now, fuck you

>>	Anonymous Tue Oct 1 18:52:20 2019 No.15783314 >>15783182 The golden age (for scammers) of scamming the poor via algo's and big companies that'll get bailed out if they fail at trading is upon us.

>>	Anonymous Tue Oct 1 18:53:04 2019 No.15783325 Tfw I wanted to buy turboshorts at the open, but feared that I just bought FOMO Would've been a 5x of my net worth

>>	Anonymous Tue Oct 1 18:53:58 2019 No.15783338 >>15783285 Seems to me like it'll be good for AMTD in the very short term, possibly bad for all brokerages in the future?

>>	Anonymous Tue Oct 1 18:57:13 2019 No.15783368 >>15783338 Yeah... I want to fomo in on my Schwab account now, but I don’t want to pay the FUCKING $5 FEE Hoping it does go two doves, that’s why I only bought such a tiny piece.

>>	LCIguy !7SgaW5KMQI Tue Oct 1 18:59:18 2019 No.15783390 >>15783368 >>15783338 >>15783182 this is fucking great, just wish they had after hours trading

>>	LCIguy !7SgaW5KMQI Tue Oct 1 19:08:47 2019 No.15783478 File: 343 KB, 1705x694, predictit.png [View same] [iqdb] [saucenao] [google] thanks to that anon that showed me that predict it site the other day... already up on my "investment" no way trump is getting impeached

>>	Anonymous Tue Oct 1 19:09:21 2019 No.15783484 File: 128 KB, 1080x716, original_179213681.jpg [View same] [iqdb] [saucenao] [google] This is fucking ridiculous

>>	Anonymous Tue Oct 1 19:11:37 2019 No.15783500 >>15783478 No problem lci guy, only fair i pay you back for lci...

>>	Anonymous Tue Oct 1 19:11:53 2019 No.15783503 File: 31 KB, 400x400, 1567012558394.jpg [View same] [iqdb] [saucenao] [google] >>15783478 Not exactly big money there.

>>	Anonymous Tue Oct 1 19:12:47 2019 No.15783512 File: 29 KB, 1097x340, ohnononon.png [View same] [iqdb] [saucenao] [google] >>15782043 It's officially over...

>>	Anonymous Tue Oct 1 19:12:56 2019 No.15783515 File: 11 KB, 216x114, Screenshot_20191001-153711.jpg [View same] [iqdb] [saucenao] [google] >>15783097 Imagine going all in this morning with more than 40k and selling near end of day.

>>	LCIguy !7SgaW5KMQI Tue Oct 1 19:13:31 2019 No.15783522 >>15783503 18% gain in a day... not to bad.. I only put $100 in... not going to put 1000s in only for the site to get shut down or some shit..

>>	Anonymous Tue Oct 1 19:14:38 2019 No.15783533 >>15782807 I lost 200 dollars today.

Anonymous Tue Oct 1 19:14:48 2019 No.15783535

This is why I like both my Funds. No Commission Fees, Great Lipper ratings, low expense fees, decent yields and great growth of capital over time. Just toss money into them each month and let it roll till I'm an old man at 65. Save all that Green that I can, hey 10 a month (Fees) adds up. Your basically giving 3 whole shares to the brokerage a year in Fees.

>>	Anonymous Tue Oct 1 19:15:52 2019 No.15783549 >>15783512 If you want to lose money play stocks, if you want to get ruined play options!

>>	Anonymous Tue Oct 1 19:16:37 2019 No.15783556 >>15783522 18% is great. 18 dollars is poo. You'd have more than your entire investment if you went with 1k, Mr. Risk.

>>	Anonymous Tue Oct 1 19:18:02 2019 No.15783572 >>15783512 Bro you just posted cringe

LCIguy !7SgaW5KMQI Tue Oct 1 19:18:51 2019 No.15783582

>>15783556
theres a difference between taking risk and being stupid.

I've never heard of the site so i used a credit card with low limit.. see how it all goes then i'll push on the gas some..

Had a friend lose 10s of thousands by carelessly putting money onto sites that werent reputable

>>	Anonymous Tue Oct 1 19:19:19 2019 No.15783586 File: 24 KB, 292x320, 1280.jpg [View same] [iqdb] [saucenao] [google] >>15783512 >mfw the kid blows up

Anonymous Tue Oct 1 19:20:15 2019 No.15783594

>>15783512
I'm out 2000. I don't care. I'll make it back. Time is your friend. The real suck bag is my 401k. The value of it is way more thus my loss this time will be very high. The last winter mega dip, while great for me buying stocks was bad for my 401k. I lost 5k value.

>>	Anonymous Tue Oct 1 19:21:32 2019 No.15783615 >>15783182 Well shit. That'll probably be a win for ratsu tomorrow morning.

>>	Anonymous Tue Oct 1 19:24:35 2019 No.15783642 Is it too late to short the market tomorrow morning?

Anonymous Tue Oct 1 19:24:58 2019 No.15783645

What’s this pattern called?

>>15783478
>in 2019
That’s insane there’s no way!
How many days of Congress are even left in the year?

Let me know if it dips and cheapies are on the menu...

>>15783535
Ah, but soon they’ll ALL be commission-free. I forget which of the Schwab funds you use besides SWPPX.

I REALLY WANT TO BUY MORE AMTD BEFORE AH CLOSESSSS!!! Is it worth it? Dang...

>>	Anonymous Tue Oct 1 19:25:05 2019 No.15783648 >>15783556 Profit is Profit. Anytime you can walk away with more than you put in you've done good. This includes those pesky commission fees. Costs you 5 to buy, 5 to sell. So you gotta make back your investment plus $10 in order to "break even"

>>	Anonymous Tue Oct 1 19:25:28 2019 No.15783652 >>15783594 I'm just a college kid so I won't be making it back for years to come

>>	LCIguy !7SgaW5KMQI Tue Oct 1 19:26:23 2019 No.15783660 File: 64 KB, 749x1069, 1513991868716.jpg [View same] [iqdb] [saucenao] [google] >>15783645 I think cheapies are on the menu right now.... just wait till I go to /pol/....

>>	Anonymous Tue Oct 1 19:27:58 2019 No.15783679 >>15783660 Why? They already been posting about that site for a while. And doesn’t the win get less valuable if you flood the trade?

>>	Anonymous Tue Oct 1 19:29:25 2019 No.15783692 >>15783652 what are u going to college for >>15783642 trade futures

>>	Anonymous Tue Oct 1 19:30:30 2019 No.15783699 >>15783645 I use the vanguard target 2050 fund & the SWPPX. Plus 8 individual stocks.

>>	Anonymous Tue Oct 1 19:31:27 2019 No.15783709 >>15783692 Accounting

Anonymous Tue Oct 1 19:31:51 2019 No.15783717

If TDA cuts fees and commissions to zero, they just lost all of their earnings (over 36% of their revenues) overnight

https://www.amtd.com/news-and-stories/press-releases/press-release-details/2019/TD-Ameritrade-Reports-Third-Quarter-Fiscal-2019-Results/

they need to find ~10 million a year just to break even now (to be able to keep paying their current dividend)
if their current traders stay on-platform, and trade more (because of no fees), then they have to worry about losing even more money

maybe they announced something that I'm not seeing but it looks worse than the -25% they had today. they're done

>>	Anonymous Tue Oct 1 19:37:46 2019 No.15783765 >>15783478 Would like to use the website but question legality so I just avoided it even though the pics make it look like easy money. Also this >>15783522, not gonna drop thousands and next thing you know site goes down or runs off with your money.

Anonymous Tue Oct 1 19:37:51 2019 No.15783766
File: 241 KB, 1333x1515, TDA_Haircut.png [View same] [iqdb] [saucenao] [google]

>>15783717
I was mistaken
they still have some positive earnings even after paying the dividend
cutting their fees and commissions to zero will leave TDA with $12 million per quarter, where before they had $500M
so their earnings decrease by 98%, but they can stay alive as a company, as long as their traders don't leave and don't trade any more (which would increase cost of revenue)

still seems incredibly difficult, impossible even, to value them at over $5billion right now

>>	Anonymous Tue Oct 1 19:39:38 2019 No.15783783 >>15783645 Not that dude but I personally use SWSSX, SWPPX, and SFENX

>>	Anonymous Tue Oct 1 19:43:48 2019 No.15783823 >>15783512 How much did you lose total?

Anonymous Tue Oct 1 19:47:34 2019 No.15783866
File: 17 KB, 416x416, 416x416.jpg [View same] [iqdb] [saucenao] [google]

>>15783823
Here's the story: I started off last year with about $500, made some, lost some, got cocky and put my life savings (6k) in and lost it all on amazon options, I was so defeated that it forced me to get a job, which was fine but it only last for 4 months. Now I put the last of what I had in to try and subsist for a little longer while I find a job, because I only worked 4 months and won't qualify for unemployment even though I made $4.5k in those 4 months.

>>	Anonymous Tue Oct 1 19:47:39 2019 No.15783868 >>15783766 We don't know how any of this is going to work. Have you ever played an F2P or Freemium game?

>>	Anonymous Tue Oct 1 19:50:52 2019 No.15783913 >>15783766 Any idea what that would make their current EPS? >>15783783 Yuck... all those mutties and exposure to EM and small caps... I was thinking more like SCHG, SCHD, MTUM, or SPLV

>>	LCIguy !7SgaW5KMQI Tue Oct 1 19:53:26 2019 No.15783946 File: 35 KB, 431x767, 1540880832274.jpg [View same] [iqdb] [saucenao] [google] >>15783866 damn son.. you don goofed

>>	LCIguy !7SgaW5KMQI Tue Oct 1 19:55:30 2019 No.15783963 File: 69 KB, 432x768, 1548298243034.png [View same] [iqdb] [saucenao] [google] >>15783946 >>15783866 just trying to make you feel better with other peoples portfolio that lost more

>>	Anonymous Tue Oct 1 19:55:47 2019 No.15783967 File: 173 KB, 1440x2880, Screenshot_20191001-185436.png [View same] [iqdb] [saucenao] [google] >>15783946 How do people blow themselves up like this? Honest question. If I wasn't such a fucking poorfag I swear to God. In due time I guess.

Anonymous Tue Oct 1 19:56:13 2019 No.15783970

>>15783868
I don't see much room for maneuvering -> they cut their fees to zero, so that money is lost from their revenues.
I don't think that they will suddenly make $500M/quarter selling skins.... if they try and impose any 'sneaky fees' that Schwab etc. doesn't, they will just lose many of their customers.

>>15783913
for their most recent quarter, (499-487)/560 = $0.0214 per share. 98% decrease in earnings, unless they can Houdini a MASSIVE amount of revenues out of a hat.

>>	Anonymous Tue Oct 1 19:57:03 2019 No.15783979 >>15783967 >think its a good idea to buy a shitload of the same option >CEO of company says something dumb on twitter >all your moneys gone the next day

>>	Anonymous Tue Oct 1 19:58:30 2019 No.15783992 >>15783765 Been around since 2015 and they work with lots of Colleges for “research” It’s legit

LCIguy !7SgaW5KMQI Tue Oct 1 19:59:07 2019 No.15784000
File: 114 KB, 1080x2160, 1547703736347.png [View same] [iqdb] [saucenao] [google]

>>15783967
the one you replied to i believe it was some girl that got inheritance and blew it all..

Pretty sure people that lose like that come from rich familys and don't think losing money is a big deal because mommy and daddy gives them more anyway

>>	Anonymous Tue Oct 1 20:00:40 2019 No.15784011 >>15783979 >MUSKED.jpg

>>	Anonymous Tue Oct 1 20:00:42 2019 No.15784012 >>15784000 >Pretty sure people that lose like that come from rich familys and don't think losing money is a big deal because mommy and daddy gives them more anyway call it "the bagholder effect"

Anonymous Tue Oct 1 20:02:00 2019 No.15784021

>>15783967
Options, bubbles (weed), pennystocks, FOMOing into the top of a shortsqueeze because someone on the internet said it was a good idea, biomeme pump and dumps, pharmas that get FDA'd, also this:
>>15783979
>CEO says something dumb
lmao @ Papa John and National Beverage

>>15783970
Huh. Who's to say Schwab won't be sneaking fees in? Though, how much money you can make for charging people for Level 2 is probably not much... but they run some ETFs and stuff.

Though ETF's will probably be going to 0% fees soon too, a la SoFi's etf's

>>	LCIguy !7SgaW5KMQI Tue Oct 1 20:02:51 2019 No.15784027 File: 331 KB, 1125x2436, 1547358085408.png [View same] [iqdb] [saucenao] [google] >>15784012 people just go to big into options without any knowledge of what they are doing imo..

>>	Anonymous Tue Oct 1 20:08:17 2019 No.15784067 >>15783582 This. Stick in $200 Gain $200? Withdraw original $200. Doesn't let you withdraw? You only lost the intial $200. Rinse and repeat if it does let you withdraw.

>>	Anonymous Tue Oct 1 20:08:48 2019 No.15784075 we going down tomorrow or more crab action back up?

Anonymous Tue Oct 1 20:11:45 2019 No.15784100
File: 65 KB, 613x500, Mini-Algae-Eating-Fiddler-Crab.jpg [View same] [iqdb] [saucenao] [google]

>>15784075
we don't always crab daily
we almost certainly crab weekly, and ALWAYS crab monthly

futures +0.35% right now, but we have a long way to go until open
I wonder if they have anything planned in HK tonight (day/afternoon for them)?

>>	Anonymous Tue Oct 1 20:12:16 2019 No.15784106 File: 37 KB, 1146x202, Screen Shot 2019-10-01 at 5.11.03 PM.png [View same] [iqdb] [saucenao] [google] >>15784075 there's a lot riding on Friday's job numbers and the fed So people will be watching tomorrow's ADP number as well

>>	Anonymous Tue Oct 1 20:13:31 2019 No.15784117 File: 47 KB, 586x302, 3594898C-0F6B-4543-8E85-965CF93CDAC9.jpg [View same] [iqdb] [saucenao] [google] YOOOOO THATS NOT GROOVY

>>	Anonymous Tue Oct 1 20:15:25 2019 No.15784138 >>15784075 Slow/low volume crab towards the upside until the unemployment #s on Friday, then the beginning of the October dump. Recession if earnings are bad and trade talks fall through. Both of which seem more and more likely each day.

>>	Anonymous Tue Oct 1 20:17:28 2019 No.15784164 >>15782767 I'm with you 100%. But I like diversifying my sources of income rather than diversifying my portfolio. 70% in LCI, couple memestocks, the rest in cash and options. I'm losing pretty hard on everything but LCI. Oh and GME. Sold yesterday.

>>	Anonymous Tue Oct 1 20:17:53 2019 No.15784170 >NK accidentally Japan with a test missile >Nobody says a thing I should just sell my Nikkei, shouldn't I?

>>	Anonymous Tue Oct 1 20:19:39 2019 No.15784189 >>15782949 >anti tank missiles made by Raytheon and Lockheed Martin Wtf so all I have to do to own and manufacture anti tank weapons is incorporate? sweet

>>	Anonymous Tue Oct 1 20:21:25 2019 No.15784207 >>15782987 No they conquered the world so they could have tea with sugar

Anonymous Tue Oct 1 20:22:20 2019 No.15784212
File: 660 KB, 2761x1381, GettyImages-521958542.jpg [View same] [iqdb] [saucenao] [google]

>>15784138
>Recession if earnings are bad and trade talks fall through. Both of which seem more and more likely each day.

my opinion right now:
no trade talk progress is 95% priced in
with the fresh political uncertainty in the US, China won't be folding, and the US probably won't be folding.
The US played our card this week (Chinese spies FBI announcement), China played their card this week (fresh oil reserves found). So that roughly cancels, and shows that each side is firing out whatever minor ammo they have going into the talks to show that they mean business.

=>If trade talks break down, and Chinese side flies out with negative comments from both sides (regression) we go down.
=>If some positive statement comes from both sides, we go up over 3000 (unlikely that this happens).
=>If talks end with a neutral tone (even early) things don't move very much.

Either way, a recession is a completely different thing. Remember that a recession is a description of economic conditions, NOT market conditions. Recessions take a longer time to realize, usually several quarters of slowing growth.

>>	Anonymous Tue Oct 1 20:24:59 2019 No.15784237 >>15783182 >https://www.businesswire.com/news/home/20191001006211/en/TD-Ameritrade-Introduces-0-Commissions-Online-Stock do you get options trading with this too? what about margin? Robinhood Gold has worked out well for me.

Anonymous Tue Oct 1 20:26:39 2019 No.15784254

>>15784212
>no trade talk progress is 95% priced in
So... if Xi cancels and doesn't send in reps for the 10th, the market only drops 5%?

>>15784189
Nah, the people running those corps and many of the employees probably have to get major security clearance.

Maybe just become a space engineer bro?

>>	Anonymous Tue Oct 1 20:28:38 2019 No.15784277 >>15784212 I was just shitposting when I said recession. Not bad, but you're forgetting about earnings though, fren. If they show slowing growth (MU's recently display) with all of the weight that's already on the market we're taking a dive.

>>	Anonymous Tue Oct 1 20:29:40 2019 No.15784295 >>15784027 Yikes.

>>	Anonymous Tue Oct 1 20:31:48 2019 No.15784315 >>15784254 So let's say someone who isnt me has a clearance, and they're hired at my corporation and a shareholder

Anonymous Tue Oct 1 20:35:57 2019 No.15784348
File: 83 KB, 800x536, imagecvcv.jpg [View same] [iqdb] [saucenao] [google]

>>15784254
>So... if Xi cancels and doesn't send in reps for the 10th, the market only drops 5%?
less than 5%, even, as long as there isn't any very nasty statement (or tweet) (and I mean truly nasty).
the market is already neutral about the trade talks, neutral-to-slightly optimistic about a 25bps cut at the end of the month, and neutral on the entire earnings season.

meaning, if the next 3 months there is no progress on trade talks, no significant market-wide earnings beat or miss, and around 25 bps cut +/-25bps, we will be at about the same point in the index levels. maybe a little melt up, depending on how smooth the headline cycles are.

NOW NOW NOW, all of that supposes a moderate political climate.Moderate in terms of the past 4 years, meaning a dull roar, a new minor scandal every day.
If things get really heated, then of course the market will react to it as well. One example, even if nothing happens with Trump, if Biden declines and Liz Warren and Bernie are the clear Democrat front-runners (not unlikely), then we might see some red.
Or something happens with Trump. Or China/HK. Or Iran. And don't forget the current Israeli election thing... etc.

>>15784277
an earnings season full of reasonable misses isn't enough to put us into a recession just yet, it would take 2 quarters of _bad_ earnings and some noticeable decline in employment.
If things start to look bad the market can certainly dump without a recession happening (just like what happened last year). I just want to be very clear about what a recession is (people losing their jobs, sustained negative earnings growth).

>>	Anonymous Tue Oct 1 20:36:57 2019 No.15784359 >>15783866 All of it? Ouch. I keep flactuating from about break even to a few thousand down. Hoping i can make massive gains like a few of those guys on wall street bets who throw in 20k and suddenly its 300k.

>>	Anonymous Tue Oct 1 20:40:24 2019 No.15784388 >>15782807 Up 0.43% my first day in the black in over a week.

Anonymous Tue Oct 1 20:42:51 2019 No.15784401

Always remember this: Pay yourself back first. Otherwise it ain't Profit. You invest $1000. Your first 1k you make you stick it right back into your bank account. Then anything your stocks make after that would be considered Profit. This way if everything else just goes to hell your ain't out anything. Also called "Covering your ass"

>>	Anonymous Tue Oct 1 20:43:54 2019 No.15784411 >>15784359 Me too, but that’s the type of short term thinking that got me in to this mess. Also I don’t visit reddit. I should though, probably more insightful than the poopoo pee pee posters around here.

>>	Anonymous Tue Oct 1 20:45:17 2019 No.15784421 >NAKD Dude they have lines in Macys and Saks Fifth Avenue? Why did it jump so hard on no news? Is it really going to 52 week high? Why did it drop so hard to begin with? I really wanna throw in a couple hundo just to see

Anonymous Tue Oct 1 20:49:24 2019 No.15784448
File: 114 KB, 1080x2160, Screenshot_20191001-204717.png [View same] [iqdb] [saucenao] [google]

>>15783967
RH has a weird way of tracking gains/losses. SPY had a very brief spike (I missed it and couldn't sell in time) so now it thinks I lost thousands from when it went back down. I didn't.

>>	Anonymous Tue Oct 1 20:50:10 2019 No.15784451 >>15784421 I'm a poorfag but bought 515 shares today lel

>>	Anonymous Tue Oct 1 20:52:40 2019 No.15784467 >>15784421 >I really wanna throw in a couple hundo just to see Could it be? Am I witnessing a P&D in real time?

>>	Anonymous Tue Oct 1 20:57:58 2019 No.15784492 File: 68 KB, 460x564, Norks.jpg [View same] [iqdb] [saucenao] [google] >>15784170 >accidentally Japan I see they accidentally a missile but nothing about Japan. Seems it went in the drink as usual?

>>	Anonymous Tue Oct 1 20:59:10 2019 No.15784500 >>15784451 Subject to regulatory circuit breaker

>>	Anonymous Tue Oct 1 20:59:11 2019 No.15784499 >>15784492 Oh wait I found it. One went in to Japan waters.

>>	Anonymous Tue Oct 1 21:04:10 2019 No.15784534 NIO PUTS= FREE MONEY

>>	Anonymous Tue Oct 1 21:06:13 2019 No.15784543 >>15784467 Theres like nothing on this company. Where did NAKD anon come from? Did that RCB kick in today? Had to right? 111m volume wtf?

>>	Anonymous Tue Oct 1 21:23:50 2019 No.15784656 >>15784543 >where did NAKDanon come from I think he just happened to discover the company was trading a three cents a share yesterday and went full autism, however he did BTFO the rest of /smg/ today

>>	Anonymous Tue Oct 1 21:30:04 2019 No.15784685 >>15784027 Lol but if that happened they'd be really rich.

Anonymous Tue Oct 1 21:47:39 2019 No.15784769

y'all ready for red october '18 2.0? writing is on the wall. don't give in to the volatility.
>>15784212
it's the muh impeachment inquiry BS dragging it down. trade war pressures have become status quo. yeah you have bad numbers coming out but the reactions are proportionately greater than the implied pricing effect of various metrics
comes down to fear fear fear
>>15784237
maybe I misread the materials but I thought I saw options were going to be like $0.60.
funny enough all the discount brokers took a fat shit over this even though this is the only way to save their business from RH in the long term. they just dodged a huge bullet. greedy fux will sell nonetheless because muh q4 revenues

>>	Anonymous Tue Oct 1 21:52:25 2019 No.15784793 >>15784027 >wrong >wrong >doble eet every time

>>	Anonymous Tue Oct 1 21:57:33 2019 No.15784818 >>15782354 Thank God Odin has a new design

>>	Anonymous Tue Oct 1 22:04:08 2019 No.15784840 >>15784401 Have attempted to do this but my account rarely breaches break even which is annoying.

Anonymous Tue Oct 1 22:07:27 2019 No.15784854

>>15784793
>I liked it up there, why wouldn’t I like it even more down here?

>>15784769
>>15784212 #
it's the muh impeachment inquiry BS dragging it down.
>Yeah you have bad numbers coming out but the reactions are proportionately greater than the implied pricing effect of various metrics
It was absolutely the collapse of manufacturing numbers, much worse than anticipated, yet no one knows if anrate cut can fix it.

It might only have been green at the open because of the bond disaster in Japan scaring people out of bonds.

>>	Anonymous Tue Oct 1 22:14:17 2019 No.15784889 so yeah, its options, stocks, margin, AND the cash management account. welp, looks like i'm transferring over to TD Ameritrade.

>>	Anonymous Tue Oct 1 22:16:15 2019 No.15784904 >>15784889 Are you the faggot talking about RH imposing fees I need sources, I will no longer use RH if this is true

>>	Anonymous Tue Oct 1 22:18:38 2019 No.15784916 >>15784904 RH doesn't impose fees that i know of, at least none that show up in my tax documents. TD Ameritrade just went free trades and i'm talking about moving everything over.

>>	Anonymous Tue Oct 1 22:25:52 2019 No.15784951 >>15784916 I meant an Anon earlier said RH was going to start imposing fees with the source of >dude trust me

>>	Anonymous Tue Oct 1 22:27:04 2019 No.15784956 Gimme REITs that I can blow money on and regret later.

>>	Anonymous Tue Oct 1 22:37:19 2019 No.15785013 File: 37 KB, 705x498, 20191001_223459.jpg [View same] [iqdb] [saucenao] [google] rate my graph

>>	Anonymous Tue Oct 1 22:41:39 2019 No.15785043 >>15782043 Sold my first cash secured put, comfy feeling desu.Getting paid to buy below market price is fine by me.

Anonymous Tue Oct 1 22:42:01 2019 No.15785048
File: 80 KB, 712x1031, Screenshot_20191001-194102.jpg [View same] [iqdb] [saucenao] [google]

>>15783866
Just noticed, you said it forced you to get a job. Were you a neet? Lived with your parents and just played around on rh every now and then, until that defeat?

>>15784411
Currently a neet and am hoping to succeed at this so I don't have to wagecuck. Doubt everyone there wins big on the stock market, only a few people have shown big wins. One of which shows up every now and then pic related.

>>	Anonymous Tue Oct 1 22:43:09 2019 No.15785058 >>15785013 Looks weird like you put funds in or something.

Anonymous Tue Oct 1 22:44:44 2019 No.15785073

>>15783766
I'm not an accountant, and not saying your point is wrong broadly speaking, but you shouldn't subtract the revenue for commissions and fees from the "net income line." If you look at the revenue portion, c&f makes up something like 1/3 of revenue. I don't know if they expect to cut on any other expenses, but at the very least, the revenue they are no longer making is revenue they won't be paying taxes on, so they'll be able to dip into that "provision for income taxes" line.

Anonymous Tue Oct 1 22:45:20 2019 No.15785078

>>15784951
>>15784904
that was like last thread
and it seems like it was completely made up
RH not imposing fees. everyone else is cutting fees, pretty much immediately.
There is even a startup talking about (slightly) negative fees, which means you get paid a tiny percentage of whatever they're making to front-run your trades. But it isn't out yet.

TDA with no fees has advantage over RH because of OTC trading (plus ToS, etc.)
I don't know if Schwab has the same range of OTC options as TDA. they probably do. So Schwab and TDA and IB roughly equal (we need some input and discussion on this from Schwab and IB users, so we can re-write the relevant parts of the OP)

Anonymous Tue Oct 1 22:51:09 2019 No.15785122

>>15785073
I understand that it's a simplification.
In their press release, they claim even better than that (massively so):
>“We expect this decision to have a revenue impact of approximately $220-240 million per quarter, or approximately 15-16 percent of net revenues, based on June Quarter fiscal 2019 revenue. We’ll have more information about our fiscal 2020 plan when we release fourth quarter earnings later this month.”

I don't know where they're getting the extra quarter billion dollars ever quarter from. We'll see. But even if we treat their estimate as the most optimistic case, their earnings are cut in half overnight. I think things are worse than that, but we'll see. Either way, the taxes aren't that big of a deal, I still think their share price could continue to slide into next earnings and decline even further.

They were hit with something unexpected overnight, they fumbled for a response on a -25% day, and I don't think it's enough. The writing was already on the wall, but now their entire business model has be undermined.
No shuffling around on the expense sheet can fix that, the best they can do (what they are doing) is trying to cut their losses and re-position.

>>	Anonymous Tue Oct 1 22:52:20 2019 No.15785131 I kinda want to all in with my 100k retirement money on puts for this recession but I'm so scared. I just want to be a millionaire :((

Anonymous Tue Oct 1 22:52:49 2019 No.15785134

>>15785058
putting funds in (and getting dividends) doesn't bump the line on RH.
EXCEPT if you put funds in on the same day sometimes it will show the +1000 in your daily graph.
But on the yearly graph, it doesn't. It could just be very small % movement, because it autoscales.

>>	Anonymous Tue Oct 1 22:53:31 2019 No.15785141 >>15785078 i'm just glad i can finally have a brokerage where i can do simple shit like inbound stock transfers. i have 3 different accounts i'm trying to consolidate.

>>	Anonymous Tue Oct 1 22:55:24 2019 No.15785152 >>15785131 just imagine, you could retire right now. do it.

>>	Anonymous Tue Oct 1 22:55:50 2019 No.15785156 Damn, guys. All these brokerages going with free trades. There's really no reason to use Robinhood anymore. TDA has ThinkOrSwim, which is arguably the best trading interface. I'm going with that.

>>	Anonymous Tue Oct 1 22:56:22 2019 No.15785162 >>15785058 sold my free stock and never did anything more until I caught the PLUG, LPTX, and REFR, bullruns fucked off for a while, now I'm back.

>>	Anonymous Tue Oct 1 22:58:15 2019 No.15785183 >>15785131 Just wait till it crashes and by calls. Way easier than timing a drop

>>	Anonymous Tue Oct 1 22:59:38 2019 No.15785193 File: 31 KB, 1080x209, Screenshot_2019-10-01-00-49-39-1.png [View same] [iqdb] [saucenao] [google] >>15785131 How many times to we have to post this? Options are a scam, expressly designed to funnel money from Joe Trader to the monied elites.

Anonymous Tue Oct 1 23:00:31 2019 No.15785204

>>15785141
man I went through all that consolidation in the past
I have my checking/credit card/mortgage/managed accounts all under one roof. Pretty nice. and then my main 401k somewhere else and my RH account... and my TDA account for OTC stuff. tempted to grab another chuck account for the hell of it.

>>15785156
ToS is nice, I advise getting a TDA account right now anyway. If you're patient you might as well wait a week for the dust to settle on all this stuff. No reason to get hasty, the entire brokerage industry is going nuts right now. Chaz Schwab is nice too. We could very probably see some M&A/consolidation in the segment over the next couple of years. Today really was a bombshell, it will change the way people are doing business.

>>	Anonymous Tue Oct 1 23:01:44 2019 No.15785212 >>15785156 They have apps with good UI?

Anonymous Tue Oct 1 23:03:19 2019 No.15785221
File: 34 KB, 1024x512, 1024px-Dreadnoughtus-Scale-Diagram-SVG-Steveoc86.svg.png [View same] [iqdb] [saucenao] [google]

>>15785183
timing the bottom (and making a bet on expected rate of recovery) isn't any easier than timing the top (and making a bet on expected rate of decline)

that being said:
>>15785193
claiming that "options are bad" is a simplification.
options are a tool, they do what they're supposed to. As long as the parameters of the instrument are properly described, there is no ethical fault in the marketplace. I personally don't use options very often because they don't suit my desires.

>>	Anonymous Tue Oct 1 23:04:52 2019 No.15785232 >>15785152 I'm literally shaking from the thought of losing it all or escaping the rat race

>>	Anonymous Tue Oct 1 23:05:36 2019 No.15785235 >>15785221 Everything always goes up long term. Just wait till a low and leverage the fuck out of yourself, when wouldnt that have worked?

Anonymous Tue Oct 1 23:07:44 2019 No.15785250
File: 63 KB, 1280x511, 1280px-Dreadnoughtus_Published_Reconstruction_(Version_2).jpg [View same] [iqdb] [saucenao] [google]

>>15785212
you have a powerful ID
UI is an opinion, and depending on your trading/research style you might have different opinions.
Now that everything is free, you can try the different services and see what suits you best (even when they weren't free, if you are trying to trade for real, you should either use the services or watch youtube videos to see which is best)

every investor or trader is different. for me personally, any of the services offer a completely acceptable interface.
remember that what we are getting now, in late 2019, is massively better than the brokerage experiences available 10, 20, 30 years ago (etc.) and still VASTLY, MASSIVELY superior to the brokerage experiences offered in the rest of the world (shitholes such as Europe, Asia, South America, Africa, Oceania, Antarctica, Mexico, and any others I forgot)

Anonymous Tue Oct 1 23:08:49 2019 No.15785257

>>15785221
Yeah, like I said, options are a "tool" to funnel money from Joe Trader to the monied elites. It's as fair and "ethical" as the payday loan industry. (Exaggerating a little bit. Even payday loans aren't as bad as options, but you get the point.)

>>	Op Tue Oct 1 23:08:55 2019 No.15785259 >>15785131 after it drops invest in ryvyx and watch it grow

Anonymous Tue Oct 1 23:10:21 2019 No.15785269
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>>15785235
you said
>by calls
by which I assume you meant "buy calls"
that implies timing
If the market goes down and then crabs sideways your calls are fucked
Options buys ALWAYS puts you at the mercy of old man time
of course things go up in the long term. that's why you buy SHARES. real, true equity. a claim on REAL productivity and future cash flows.
If you buy calls, you don't have anything REAL in your hand. you have a contract, a mathematical abstraction. it gets more valuable ONLY if the underlying goes in the proper direction and magnitude in the proper time interval.

>>	Anonymous Tue Oct 1 23:13:06 2019 No.15785285 >>15785250 I hope Fidelity gets on this bandwagon, I have 45% of my assets with them already. I have to pay $5 everytime I buy a new/smg/ meme stock. I kind of like the RH UI.

>>	Anonymous Tue Oct 1 23:16:21 2019 No.15785303 >>15785285 Honestly, if RH dropped their cash management right now, with that slick card, I’d stick with them.

Anonymous Tue Oct 1 23:16:56 2019 No.15785308
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>>15785257
"joe trader" can sell or buy options and the "monied elites" can buy or sell them.
either of these hypothetical actors you have conjured up can take either side of the trade. the marketplace is not at fault. if one of the actors doesn't do their proper diligence before entering the trade, the other party of the trade IS NOT at fault (ethically or otherwise).
it's a marketplace, and both sides are in agreement to exchange a contract at a given price.
If a certain "joe trader" outperforms "the elites" on a regular basis in the options market, does that make him unethical (from your point of view)? is the ethics of the situation determined by who has more money, or who ""wins"" the trade? (we can come back to the ""winning"" the trade part of things if we need to, which is a completely hypothetical construct and simplification, I've had to go over it with several anons before)

Anonymous Tue Oct 1 23:22:36 2019 No.15785338

>>15785122
Sure companies can be overly optimistic (i.e. lie), but I would acknowledge at least that they are in a better position to estimate how this would affect their revenues. Keep in mind that the revenue line is for both commissions and fees. TD is not (I think) eliminating any of their fees (e.g. https://www.tdameritrade.com/pricing/brokerage-fees.page)), just the trading commissions, and not even all the commissions. Isn't it just stocks on US exchanges? If they are doing the same as Schwab, it also doesn't cut the per-contract option commission. It sounds plausible that it leave half of their REVENUE on that line intact.

Anonymous Tue Oct 1 23:25:18 2019 No.15785356
File: 404 KB, 1536x1122, Screen Shot 2019-10-01 at 6.17.44 PM.png [View same] [iqdb] [saucenao] [google]

I was thinking of switching everything to Schwab after they pulled this, but everything has good things to say about TDA.

Do they have anything like the HYSA offered by Schwab, that comes with a debit card? Do they have IRA's, and rollover or Roth IRA's?

Fuck Wells Fargo though, gonna have to close my savings and checking accounts with them. Maybe keep the credit card.

>>	Anonymous Tue Oct 1 23:31:09 2019 No.15785382 >>15785356 Even if they get put out of business, imagine how fucking smug the RH guys are rn.

>>	Anonymous Tue Oct 1 23:33:14 2019 No.15785395 >>15785221 What's the evolutionary benefit to having a neck that massive?

Anonymous Tue Oct 1 23:34:40 2019 No.15785404
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>>15785338
I wouldn't say they're lying
I think this IB then Schwab thing is hitting them a little sooner than they thought and they had to call their finance department and get some kind of number out within a couple hours. A number that they have no contractual obligation to uphold.
TD followed the Schwab pricing exactly; free trades for US and Canada, $0.65 for options.
From a glance over their fees and their recent statements, I doubt so so much that they can possibly make half of their revenues in fees and massively reduced options commissions

>>15785356
between Schwab and TDA (and probably vanguard and fidelity too, but I haven't used those), the analogy I'd use is that it's like choosing between a Mercedes and a BMW. They're all very very good. BUT certain trading styles can be very specific. If you're a pretty normal investor or trader, using any of these brokerages will be fine, and will offer you more flexibility, information, and convenience than has been available to any pedestrian investors before now in history.
You will be able to move money in, and buy your choice of thousands of the highest quality investment products ever offered to anyone ever, all instantly and with wonderful clarity.
If you have extremely specific needs you will have to figure it out on your own.

Anonymous Tue Oct 1 23:37:54 2019 No.15785431

>>15785382
you mean, the guys who couldn't get their IPO together in time, and now probably won't be able to get their shares to market and make the money they've been looking forward to?

Other people getting BTFO: Jack Dorsey with Square. Sold my shares today for a modest profit. When I heard they were experimenting with stock trading, I got excited. No more. They still have potential with their current business model, but it's not what I was hoping for.

>>15785395
Smallneck BTFO

>>15785404
I do like all the reports offered by Schwab, Morningstar, Ned Davis, Credit Suisse, Argus, and some other stuff.

But the interface feels clunky, the iOS app has some drawbacks, and the charts also feel clunky. The CNBC stream is pretty nice on iOS though.

Actually I haven't found a charting interface I like yet.

Anonymous Tue Oct 1 23:39:40 2019 No.15785439

>>15785404
>>15785356
the other thing I would always point out about choosing between brokerages is that you're the customer
you can make them your bitch ( a little bit at least)
Don't ask /smg/, make an appointment to speak to someone at the brokerage. go in and talk to them, maybe it will be a cute girl, either way it will be someone nice who will probably give you cookies and coffee and tell you all kinds of nice things.
and they can also answer specific questions about exactly what their service will do for you. all for free. you can walk out of there and not use their service, whatever. that's their job.
that's kind of the boomer way of doing things. you also get the chance to evaluate their people and their offices (real or fake plants, what kinds of paintings they have, how their water tastes, how much "diversity" they have and where they have it)
you can also just review everything on the internet and make your choice like that (no cookies)

Anonymous Tue Oct 1 23:42:30 2019 No.15785455

>>15785439
what happened to bank-inspetor anon... I liked the updates on the carpets or what heels the teller was wearing, or how much stress was showing on the balance sheets and what the default rates were like.

Are people defaulting out there? That seems like a key indicator I never hear about.

Anonymous Tue Oct 1 23:43:40 2019 No.15785461

>>15785356
>>15785382
I dont trust these other companies suddenly having "commision free trading" fairly sure there is some underhanded tactic they'll pull such as once they get enough poor people on their they'll pull a fast one and slap commisions back on and thus trapping poor peoples funds on their exchange. Funny how there was so much anti robinhood shilling and they caved. Wouldnt be surprised if it was paid shill by those brokerages. They probably have more accurate data on their sites compared to robinhoods big incorrect information which costed me a bit when I bought GE shares thinking they had a high dividend and i end up getting 1 penny per share.

>>	Anonymous Tue Oct 1 23:44:47 2019 No.15785466 >>15785431 The fact that the RH team is a bunch of bush league amateurs makes the widespread disruption to an entire industry all the funnier.

Anonymous Tue Oct 1 23:45:49 2019 No.15785471
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>>15785395/
are you doing your neck curls anon?
(there are a million other comparison images that show the same thing, this is just the first one I saw)
thick strong neck = high power and very sturdy
weak skinny neck = could be killed at any moment

>>	Anonymous Tue Oct 1 23:48:36 2019 No.15785481 >>15785232 Don't get so emotional or your going to fuck up.

>>	Anonymous Tue Oct 1 23:49:54 2019 No.15785484 >>15785471 Oh shit I see the light. I will do shrugs every day so I can become a dino-chad.

Anonymous Tue Oct 1 23:50:16 2019 No.15785487
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>>15785455
>Are people defaulting out there?
do you even browse ZH breh?
they have 1-5 articles per week for years now about who is defaulting and why it means that Armageddon is coming

these are the ones from the past week:
https://www.zerohedge.com/economics/here-are-billions-loans-exposed-potential-wework-bankruptcy
https://www.zerohedge.com/personal-finance/consumer-stress-defaults-rise-highest-level-2019
https://www.zerohedge.com/markets/sound-familiar-banks-are-saddling-fannie-freddie-risky-mortgages-study-finds
https://www.zerohedge.com/markets/looming-wall-dollar-debt-2020-could-be-disastrous-year-chinas-domestic-bond-market
https://www.zerohedge.com/markets/miami-real-estate-about-collapse

>>	Anonymous Tue Oct 1 23:54:11 2019 No.15785507 >>15785466 But this is how it has always been in every industry

Anonymous Tue Oct 1 23:55:59 2019 No.15785516
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>>15785484
there are a bunch of other images that show the exact same thing. It's just a subconscious thing: the guy with the skinny neck looks frail, the guy with the thicker neck looks reliable. (same thing goes for your whole body of course. you want everything well developed and thick. neck is pretty easy though. doesn't require anything except to put the work in)
neck curls. morning and night, every day. add a little weight every week or every other week.

>>	Anonymous Tue Oct 1 23:56:54 2019 No.15785526 >>15785507 For real. It's always amateurs who light a fire under the asses of an old boy's club.

>>	Anonymous Wed Oct 2 00:01:30 2019 No.15785555 File: 506 KB, 1000x1000, x00xtenx.jpg [View same] [iqdb] [saucenao] [google] >>15785455 what is the next bank you want inspected

Anonymous Wed Oct 2 00:11:05 2019 No.15785609 [DELETED]

File: 240 KB, 1080x1920, Screenshot_2019-10-01-23-54-04.png [View same] [iqdb] [saucenao] [google]

>>15785404
Here's the breakdown from the 10Q for the quarter you highlighted. In that quarter, $326 million--roughly 2/3--of that $487 million is from commissions. You quoted an estimate earlier that eliminating commissions would cost them $220-$240 million in quarterly revenue. Assuming they would have before today expected similar revenue as the example ($487m), that leaves a difference of roughly $80-100 million. This seems like a plausible number given that (1) they are not eliminating commissions entirely, (2) they may have other plans to grow revenue in this category (3) the quoted cost to revenue was from overall gross revenue, and they may grow revenue in other categories.

Anonymous Wed Oct 2 00:13:07 2019 No.15785624
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>>15785555
Madre de dios, those digits
JPM, it looks like they were at the root of the repo crisis

>>15785487
>do you even browse ZH breh?
Absolutely not. It's actually Chicken Little, always screaming that the sky is falling. And since inception it's also been The Boy Who Cried Wolf.

>>	Anonymous Wed Oct 2 00:15:44 2019 No.15785645 Do you guys really wake up before market to trade?

Anonymous Wed Oct 2 00:16:08 2019 No.15785647
File: 205 KB, 1080x1371, Screenshot_2019-10-01-23-54-04-1.png [View same] [iqdb] [saucenao] [google]

>>15785404
Here's the breakdown from the 10Q for the quarter you highlighted. In that quarter, $326 million--roughly 2/3--of that $487 million is from commissions. You quoted an estimate earlier that eliminating commissions would cost them $220-$240 million in quarterly revenue. Assuming they would have before today expected similar revenue as the example ($487m), that leaves a difference of roughly $80-100 million. This seems like a plausible number given that (1) they are not eliminating commissions entirely, (2) they may have other plans to grow revenue in this category (3) the quoted cost to revenue was from overall revenue, and they may grow revenue in other categories.

[reposted with cropped image]

Anonymous Wed Oct 2 00:19:39 2019 No.15785659
File: 186 KB, 1296x860, K2 Challenging The Sky - The Great Serac Towers Over The Traverse And Bottleneck.jpg [View same] [iqdb] [saucenao] [google]

>>15785624
>JPM, it looks like they were at the root of the repo crisis
source?

you should at least browse ZH in your morning run-through of headlines.
Don't take all their articles "seriously" but understand what the general atmosphere of the site is like on a give week.
understand that some of their users take it pretty seriously. also it's very interesting to get a tab on boomer sentiment in the comments. they used to be very "Ron Paul" back in the earlier parts of this decade, now they are more vitriolic.

>>15785645
I wake up whenever, it depends on my work schedule. I don't trade though :P

>>	Anonymous Wed Oct 2 00:23:58 2019 No.15785676 >>15785647 To put this another way, they would have to keep (or make up) roughly 1/4 of their current revenue from commissions in order for today's estimate to work out.

>>	Anonymous Wed Oct 2 00:26:19 2019 No.15785688 File: 505 KB, 1125x2001, 001B1523-7729-4E4B-BEF9-7055A78243AA.png [View same] [iqdb] [saucenao] [google] >>15785659 Just what I gleaned from skimming this

>>	Anonymous Wed Oct 2 00:30:24 2019 No.15785709 >>15785645 I wake up at 5:30am Monday to Friday And yes I hate my life

Anonymous Wed Oct 2 00:30:55 2019 No.15785714

>>15785647
>>15785676
hey, I like the uncropped image better
some of that does paint a better picture for them; the Q3 release on their website did NOT show the order-routing revenue breakdown, which is much more substantial than I would have guessed.
On the other hand, I still am very doubtful that they can pull $100M /quarter out of the hat. They have about 3 months to start figuring it out, but either way that is a massive amount of money to try and squeeze out of their users in new fees, suddenly. They better hope Schwab and IB are trying to do the same thing.
remember, if anyone starts pulling accounts they start losing trading revenue as well as that deposit and interest revenue.
I still am of the opinion that their earnings have been ravaged to the tune of about 50% (their number) or more, so a stock price drop of MORE than the 25% they took today is justified.
And that is just based on what we're seeing in the calculator right now;; of the possible unexpected things that could happen in the future, I think more of these possibilities are negative than positive for TDA's cash flows.

>>15785688
I'll have to give Jamie a call and get to the root of all of this. I told him to be sure and keep cash on hand in Q3, but you know how he is with cocaine..

Anonymous Wed Oct 2 00:31:35 2019 No.15785720
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>>15785676
You think they’ll say they’ll make it up in volume? Maybe compensation from ETF managers and such? They’ll offer “premium” services?

Banks can’t make much on the usual bond plays, but they’re clever folks. Schwab might emerge from this stronger.

>>	Anonymous Wed Oct 2 00:35:26 2019 No.15785741 >>15785645 Only plebs do this

Anonymous Wed Oct 2 00:37:26 2019 No.15785754

>>15785308
The idea that everything is all good as long as it's a voluntary arrangement between two consenting adults is ludicrous and is one of the dangerous ideas that is ruining civilization (e.g. all manner of sexual deviency, homosexual so-called "marriage," prostitution, drug abuse). Certain kinds of contracts are intrinsically immoral. I don't think options belong to that category, but the current options industry is certainly set up that way. Some Joes may come out ahead, but on the whole, options are a scheme to transfer vast amounts of money from small money to big money, plain and simple. Options are not so much like usury, IMO since people aren't forced into options contracts out of necessity in the same way as loans, but maybe more like hard drugs.

>>	Anonymous Wed Oct 2 00:38:43 2019 No.15785763 File: 488 KB, 1125x1355, 0B4E189A-4C6C-47A3-AE97-5102ECC907CD.jpg [View same] [iqdb] [saucenao] [google] Oh no... now his lube factory caught fire? Things are getting tough for warren right now, but he’s been through worse.

Anonymous Wed Oct 2 00:45:41 2019 No.15785804
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>>15785754
nah
okay first of all small spec traders don't really have that much money
big players could take all their money and probably wouldn't even notice.
options give investors and traders options, opportunities, flexibility. you don't have to use them. but if you have the need for them, they offer something that shares and futures and other instruments do not.

I'm not going to worry too much about some parts of your argument, because I don't think that they correspond to the way a stock or options marketplace functions (anonymous trading with disjointed parties trading into the marketplace and not necessarily with the other party directly). you are trading with the market at large, you are putting orders in a book. you can choose all kinds of things: type of order, contract price, type of option, strike price and expiry date... then your order might fill or not. if it doesn't fill, nothing happens. there is no forced exchange where the big bad banks and rich people force the options buyers to pay high premiums...
there is no "vast amounts of money" being transferred lol

>>	Anonymous Wed Oct 2 00:50:41 2019 No.15785833 >>15782043 >this is a 10/10 meal in bongland revolting

Anonymous Wed Oct 2 00:52:00 2019 No.15785838
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>>15785804
>>15785754
And again I would restate the query about what your moral issue with the marketplace actually is:
if the [lower net worth] party in the options trade was generally coming out ahead, would that suddenly make things ethical (in your point of view) or would it make the [lower net worth] party the 'evil' one and the """loser""" of the trade the "victim"?

if you want I can walk you through the explanation of how two different sides in a marketplace exchange can both "win", even if the EV of the trade is zero-sum. Would that help?

>>	Anonymous Wed Oct 2 00:53:35 2019 No.15785847 How do I use Ameritrade?

Anonymous Wed Oct 2 00:56:32 2019 No.15785879
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>>15785847
https://www.google.com/search?q=How+do+I+use+Ameritrade
https://www.google.com/search?q=td+ameritrade+handbook
https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA066.pdf
https://www.tdameritrade.com/retail-en_us/resources/pdf/SDPS819.pdf

read these
then just market buy KNG and SPY and walk away

>>	Anonymous Wed Oct 2 00:59:27 2019 No.15785896 >>15785879 I can’t wait for Schwab to let me buy the Chad KNG instead of the virgin QYLD for no fees.

Anonymous Wed Oct 2 01:12:36 2019 No.15785982

>>15785688
Lol it's like they're skirting the minimum required to keep in reserves and then beg for loans to meet legal requirements. Then they fail and the government steps into give them money. Where's the money for small businesses that are failing?

Believe an organized bank run could easily collapse the US economy and stock market. Let that sink in for a bit, literally that simple.

Anonymous Wed Oct 2 01:23:02 2019 No.15786032

>>15785709
6:30 am here even though its proven that i'm wasting time staring at robinhood for like 1.5 hours without doing anything or rashly buying things i shouldn't have. It's been useful for fast spikes but that rarely happens and the one time i capitalized on it, it was midday. Hate having to wake up early cause i sleep late and Im a neet as well so im not even getting 8 hours sleep.

Anonymous Wed Oct 2 01:23:51 2019 No.15786036
File: 1.17 MB, 2048x1349, Nepal_Mount_Everest_And_Ama_dablam.jpg [View same] [iqdb] [saucenao] [google]

>>15785982
those dudes were bumping 75 Billion a night, and they could certainly do a lot more if they had to
a "residential customer" bank run doesn't even come close, it's sort of a historical thing to imagine. we should be imagining new and more creative Armageddon scenarios :P

there's some number like 50% of the population has less than $1000 in the bank
almost everyone with more than the FDIC limit (250k) keeps it spread between multiple banks, or is rolling bonds or T-bills, or some other method
even a substantial bank run on deposits wouldn't do very much, the repo window could handle it for a time

Of course the market would probably collapse due to panic anyway, if such a thing were happening. but if the question is "do the wheels fall off the rails of the banks from a pedestrian full deposit withdrawal", I don't think so. the banks could roll repo for months until people put money back in (it would be costly, sure, but rates are low, they'd survive). If people never put money back in, things would collapse, but they would probably already collapse everywhere else first because people wouldn't be spending money. There are monetary actions the fed could take to provide liquidity to help the banks at least. it's a very hypothetical situation though. I will ask Jerome what he thinks at our meeting later this month

Anonymous Wed Oct 2 01:37:10 2019 No.15786117
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Have I ever told you how incompetent I think our representatives and regulators are? Because it looks like they're real dumb to me.

But I guess they could be like China or India, totally corrupt and defending their own national tobacco industry.

>>15785982
>>15785461
>>15784359
You've got some pretty fanciful thinking there bud. I do too sometimes, but I thought someone should tell you.

>>15786036
Tell him I said they never should've chosen a little punk to do a man's job, and that he'll never fill Yellen's shoes. Heh, that ought to get to him.

>>	Anonymous Wed Oct 2 01:41:05 2019 No.15786137 >China Plays ‘Fight the Landlord’ to Tame Hong Kong https://www.nytimes.com/2019/09/30/business/china-hong-kong-li-ka-shing-business.html This is a good article that explain what China is thinking in English

>>	Anonymous Wed Oct 2 01:55:35 2019 No.15786217 If a Canadian brokerage would adopt this no fee meme I would appreciate. Not that discount bullshit startup, I am aware of that one already and am not interested. Real deal brokerage. Questrade would be great.

>>	Anonymous Wed Oct 2 01:58:24 2019 No.15786231 >>15786117 >Have I ever told you how incompetent I think our representatives and regulators are? Because it looks like they're real dumb to me. There is median level government incompetence and then there is California.

Anonymous Wed Oct 2 02:06:46 2019 No.15786277

>>15786231
>...and as more states have taken steps to protect youth from the harmful effects of vaping products, we need to support our state leaders and ask them to step in to protect the public," said Supervisor Hilda Solis in a written statement following the vote. Solis introduced the motion.
Gave up the game there, didn't she?
She's saying "oh shit, we don't want to be the last to act!"
Politicians nearly always have the most surface-level view of things, lacking any nuance or sophistication. I'd really like to see this "vaping illness" epidemic mapped out and compared to what it looks like when a tainted batch of drugs hits the street.

>>15786217
Canada? Isn't that the country banks are willing to just forgive loans so they can get the hell out? Maybe you should just take what you can get.

Anonymous Wed Oct 2 02:58:09 2019 No.15786501

>>15783766
Bullshit, that’s a suicide mission
>>15783967
There are people that hold shorts for long periods. There was this small fund prop trader who shorted allergan and tried to cover the leftovers of his position in ah when the buyout talks came out - lost 300k in 30mins. When it comes to shorting - it can get really ugly really fast.
>>15784021
IBKR also launched a new commision-free service. I use the regular and it’s fucking awesome - fast af, customizable, lots of free data and insights, paid subscriptions become less expensive as more you trade.

>>	Anonymous Wed Oct 2 03:06:53 2019 No.15786542 File: 835 KB, 669x770, image0.png [View same] [iqdb] [saucenao] [google] >>15781105 I'm still lurking. My recent plays are just too risky to be suggesting other people buy them. $VRUS is still based though. I've made lots of money on that PYT.

>>	Anonymous Wed Oct 2 03:15:28 2019 No.15786579 File: 109 KB, 1000x563, scarfacenew.jpg [View same] [iqdb] [saucenao] [google] Will ACB ever hit $10 again or should I just kms?

>>	Anonymous Wed Oct 2 03:17:00 2019 No.15786585 how does etrade puts at open sound?

>>	Anonymous Wed Oct 2 03:22:35 2019 No.15786612 ABANDON SHIP MAYDAY MAYDAY

Anonymous Wed Oct 2 03:25:05 2019 No.15786623

>>15786585

Why would you continue shorting when all the discount brookerages already took an initial dump and they have pretty sound fundamentals besides increased competition?

Honestly, it just might mean I buy more regular stocks on TDA just for ThinkorSwim with better tools and just trade options on RH because it is still the cheapest place. Had RH been public, that would be the place to get puts on because they lost their only real advantage.

On a somewhat related note Robinhood really should've IPOed last year, and now they will start losing marketshare unless they can beat other established brookerages on other features and good luck on that with how much time this took to unfold and the development time needed. The only niche I can see them doing well with is crypto but even then, anyone with a brain would use other platforms for that.

>>	Anonymous Wed Oct 2 03:30:35 2019 No.15786643 >>15786501 Any anons here use IBKR? I’ve always wanted to try CFD but as far as I’ve read the liquidity is awful, true or not? Any info regarding CFD using other platforms also appreciated.

>>	Anonymous Wed Oct 2 03:31:04 2019 No.15786648 >>15786542 Oof. Thanks for reminding me of my big heavy spider silk bags. They just sit there and crab.

>>	Anonymous Wed Oct 2 03:32:48 2019 No.15786655 >>15786117 Btw, happened to the Trump tax returns ballot ban thingy? That was one of the nastiest shit I’ve ever seen, ese

>>	Anonymous Wed Oct 2 03:34:23 2019 No.15786664 >>15786585 Too risky, looking at a bounce or red around 2%, basically there’s no money in it

SNSS Anon Wed Oct 2 03:58:31 2019 No.15786784

Just deposited more money into my RH account and set a limit buy order to nab 960 more shares of ADXS to bring my total to 3000. Lots of news coming this month for them, and the share price is at near all time lows. Hoping to make several grand on this one.

>>	Anonymous Wed Oct 2 03:59:12 2019 No.15786788 File: 136 KB, 960x960, image0-15.jpg [View same] [iqdb] [saucenao] [google] Thoughts on KDP? Seems like a comfy stock to own and write calls on.

Anonymous Wed Oct 2 04:23:44 2019 No.15786908
File: 246 KB, 1080x2280, 2C230CBE-553B-45F6-B0EF-691C9E26922B.jpg [View same] [iqdb] [saucenao] [google]

GHSI is going to EXPLODE in November. Now is the time to buy the dip like we’ve been waiting for. Buy in low and sell high. Moon mission is a go, astronauts get in

>>	Anonymous Wed Oct 2 04:26:25 2019 No.15786926 File: 124 KB, 1080x1503, E76818AE-F739-42F4-85E9-D3F2F4E4F3CC.jpg [View same] [iqdb] [saucenao] [google] Expect GHSI’s next earnings to be huge

>>	Anonymous Wed Oct 2 04:28:47 2019 No.15786936 File: 250 KB, 562x1029, 41A4E860-3AAC-41C2-AD1D-809B9EF97E63.png [View same] [iqdb] [saucenao] [google]

>>	SNSS Anon Wed Oct 2 04:31:03 2019 No.15786952 >>15786908 >>15786926 >>15786936 I have 800 shares of GHSI at an average of 0.63. I don't really want to make the position any larger but still I'm definitely on this ride

Anonymous Wed Oct 2 04:32:56 2019 No.15786960

Bytedance is now trying to sell its foreign news sites Topbuzz.
While Topbuzz itself seems to have failed, the website itself is a very direct and localized clone of their very successful Chinese news app Jinri Toutiao, which can be said as the #1 most popular news app in China right now. That is an app that mainly target what they call the "Sunken Market" in China together with other apps like Tiktok and PDD. The sunlen market is defined as Chinese residents living outside major cities. They usually have less wealth, and have more limited world view and received less education on average. I guess it is worth looking at the Topbuzz site to find out why the strategy succeeded in China while failed in the west.

Anonymous Wed Oct 2 04:40:20 2019 No.15786999

>>15786952
People are upset because they thought GHSI would put out news since the companies agreed quiet period has ended. It is still possible of fluff news this month but as far as anything substantial of the DD I’ve done, the company is holding off to announce anything at Earnings. So November is our month to launch

>>	SNSS Anon Wed Oct 2 04:47:05 2019 No.15787049 >>15786999 Trips don't lie. November is GHSI month. It is also AMRN month, by the by

>>	Anonymous Wed Oct 2 04:48:05 2019 No.15787056 FUTURES, WERE GOIN DOWN BOYS, HOLD ON

>>	Anonymous Wed Oct 2 04:48:36 2019 No.15787057 Don't look at futures, actually don't even open up your portfolio.

>>	Anonymous Wed Oct 2 04:49:28 2019 No.15787061 >>15787056 VIX CURVE IS FUCKED

>>	Anonymous Wed Oct 2 05:00:40 2019 No.15787128 >>15787049 Nice going to go together. I’m looking to start a position at ADXS too here

>>	SNSS Anon Wed Oct 2 05:06:35 2019 No.15787152 >>15787128 Yeah man they have 7 news hits coming soon, 3 this month. That shit is like a coiled spring made of money.

>>	Anonymous Wed Oct 2 05:07:35 2019 No.15787158 Some stat from Hong Kong - August 2019 Hong Kong retail sales dropped 23% YoY, biggest drop ever in the history - August 2019 overnight tourist in Hong Kong dropped 45% YoY

>>	MSFTPoster Wed Oct 2 05:09:55 2019 No.15787166 Buy MSFT Also threadly reminder to do the opposite of what Baggie does.

>>	Anonymous Wed Oct 2 05:11:41 2019 No.15787173 >>15787158 It would be interesting to see the 1960s stats from Hong Kong when the Communists were doing actual terrorist shit when the British were in charge. IIRC, it was 1968.

>>	Zero Replier !!3D9HUgymMct Wed Oct 2 05:11:42 2019 No.15787174 >>15787166 Doesn't he have a 6 figure account?

>>	Anonymous Wed Oct 2 05:14:59 2019 No.15787188 >>15786648 Didn't tell you to buy the top friend. I'm sitting comfy on $ODP collecting a 7% dividend and writing calls. Also buying risky penny stocks like a true patrician.

>>	Anonymous Wed Oct 2 05:25:42 2019 No.15787221 Are bad news over yet? I wanna do my quarterly ETF buy.

>>	SNSS Anon Wed Oct 2 05:40:15 2019 No.15787285 I refuse to be mad at myself for selling those 2000 shares of NAKD yesterday for a 50% profit. There is no way I could anticipate it would keep going up.

>>	Anonymous Wed Oct 2 05:54:42 2019 No.15787342 >>15787174 >Doesn't he have a 6 figure account? Maybe if the first 3 figures are zeroes

Anonymous Wed Oct 2 06:05:33 2019 No.15787392

>>15787173
Hong Kong was an export-oriented economy in the 1960s with manufacturing being the leading industry.
According to reoorts, disruption to Hong Kong economy in the 1967 riot mainly come from labor strike and China cutting off supplies of some daily necessities to Hong Kong. However the report I am reading claims those impacts are generally mitigrated, and the effect on Hong Kong economy at the time due to the riot was less than the effect caused by 14% depreciation of British Sterling that occurred on November 18 that year, which have also resulted in the delinking of Hong Kong Dollar from British Sterling a few years after that.

Anonymous Wed Oct 2 06:20:43 2019 No.15787463

>>15786217
Schwab is commission free for US and Canada (starting next week I guess)
IBKR LIte is commission free for US and India
TDA says just commission free for US brokerage firm, but this might include Canada, their announcement was a little rushed.

so you can make a Schwab account to get in on the no-commission action, or just be patient and wait for some other actors to follow their lead

>>15786542
howdy

Anonymous Wed Oct 2 06:25:36 2019 No.15787488
File: 1.26 MB, 1446x1012, 1563935311053.png [View same] [iqdb] [saucenao] [google]

omg some guy on Bloomberg discovered factors of 10
https://www.bloomberg.com/news/articles/2019-09-30/everyone-has-a-wealth-number-what-s-yours
"thousandaires" are now known as a class 3, according to this one bloomberg article.

also
>FUTURES

>>	Anonymous Wed Oct 2 06:38:08 2019 No.15787541 hey /smg/ how do you guys get over the stockmarket ponzi scheme while simultaneously calling crypto a ponzi please respond

>>	Anonymous Wed Oct 2 06:41:45 2019 No.15787556 >>15787541 >comparing stock markets to crypto it is like comparing any ferrari to a lexus lfa

>>	Anonymous Wed Oct 2 06:48:21 2019 No.15787597 >>15787541 Stockmarket has a lot more participants while crypto ponzi is just a bunch of guys with limited money supply to build the pyramid.

>>	SNSS Anon Wed Oct 2 06:51:11 2019 No.15787619 >>15787541 I don't see either as a Ponzi scheme. I just prefer stocks because all crypto investing is pure dumb luck but with stocks I can actually investigate and research companies before buying and greatly increase my chances of making a profit.

Anonymous Wed Oct 2 07:07:21 2019 No.15787718
File: 105 KB, 1410x217, Tether Ponzi.jpg [View same] [iqdb] [saucenao] [google]

>>15787541
>A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]; also a Ponzi game) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. The scheme leads victims to believe that profits are coming from product sales or other means, and they remain unaware that other investors are the source of funds. A Ponzi scheme can maintain the illusion of a sustainable business as long as new investors contribute new funds, and as long as most of the investors do not demand full repayment and still believe in the non-existent assets they are purported to own.

I guess in a way crypto isn't technically a ponzi scheme because you're all aware you don't own any assets but put money into it anyway. Pic related

>>	NakedMan !!EjrV6vxNB8q Wed Oct 2 07:08:05 2019 No.15787722 Holy shit I'm awesome

>>	Anonymous Wed Oct 2 07:09:23 2019 No.15787733 >>15787722 That or you're lucky. How did you stumble into this? Did you discover it and invest according to strategy? Digits checked.

>>	NakedMan !!EjrV6vxNB8q Wed Oct 2 07:09:55 2019 No.15787736 Buy the bear trap today

>>	NakedMan !!EjrV6vxNB8q Wed Oct 2 07:10:56 2019 No.15787741 >>15787733 Pure intuition

>>	Anonymous Wed Oct 2 07:14:59 2019 No.15787785 >>15787741 Got any other intuitionz?

>>	NakedMan !!EjrV6vxNB8q Wed Oct 2 07:16:24 2019 No.15787797 >>15787785 Probably an overall red day because DC is gonna be lit today

>>	Anonymous Wed Oct 2 07:17:34 2019 No.15787806 >>15787797 NAKD is RCBd now as well. They're not gonna let it rise

>>	NakedMan !!EjrV6vxNB8q Wed Oct 2 07:19:56 2019 No.15787830 >>15787806 They didnt trip a CB yesterday, is there breakers with criteria that run though the week?

>>	Anonymous Wed Oct 2 07:20:35 2019 No.15787835 Tick tick tick on Q3 earnings this month and trade talks with China. Something big is coming.

Anonymous Wed Oct 2 07:21:47 2019 No.15787847

>>15786579

Lol, I bought 300 of it at 6.69.

I had another order at 5.50 for 700, then 300.

I cancelled both of the additional buys, set it down at 4.50 instead.

That being said, right now ACB is at a major support point at 5.50. the problem is this isn't a natural dip. The big money is flushing marijuana stocks hard now that results have come in. Honestly I don't think ACB is doing that bad, they are selling more marijuana than canopy growth. The issue is their debt. It's a tough stock to own right now. I wouldn't doubt it goes down to like $3-$4 CAD. It's super super unlikely it goes to zero though. They have a huge infrastructure.

>>	Anonymous Wed Oct 2 07:24:01 2019 No.15787863 >>15787835 this tho

Anonymous Wed Oct 2 07:34:27 2019 No.15787945

>>15787863

I can't read the situation to know if it's going to the upside or the downside, but I think there's going to be massive volatility.

I can think of a few scenarios;

1. China talks are shit, Trump brings forward tariffs. Earnings are shit. Fed doesn't cut: MASSIVE stock correction. All three happening is unlikely.

2. Trade talks are "continuing", earnings are shit, Fed cuts: slighty negative for stocks?

3. China talks are great, earnings are great, Fed cuts anyway as a precaution: stock rally to ATH's.

>>	Anonymous Wed Oct 2 07:40:41 2019 No.15787986 new >>15787985 >>15787985 >>15787985

>>	Anonymous Wed Oct 2 07:44:22 2019 No.15788013 >>15787541 Shares are created by companies to fund their business. And companies listed on share market are actually doing things that can generate more profit

>>	Anonymous Wed Oct 2 08:09:38 2019 No.15788167 >>15787188 You sound like a rather based fellow. We should have lunch sometime.

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