Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
 
  • Post
  • Reply
Combat Pretzel
Jun 23, 2004

No, seriously... what kurds?!
Ugh, I kind of wanted to buy in like 3 days ago, but expected it to drop some more. Now it looks to be rising again. Damned if you don't, damned if you'd do.

Adbot
ADBOT LOVES YOU

orange sky
May 7, 2007

Yeah I guess it's a bit over the top, but I thought it was full on gambling.

Rocks
Dec 30, 2011

Bitcoin and crypto is so volatile and retarded. Shorting, or even holding any crypto is basically like putting money on roulette. Better chance of getting your money out of a casino too lol

Rocks
Dec 30, 2011

I was doing some research on companies I actually work with, and I can confidentially say both Johnson Controls $JCI and Alexander Baldwin $ALEX are not good. FYI

Rocks
Dec 30, 2011

What about the stock $ALGN?

PROS
- beat financials last few years
- increasing net profits over last few years
- growing market (boomers getting older)
- lots of cash not much debt
- just starting distribution in China and Europe
- 1 million teens use them, assume lots of growth there too

CONS
- PE ratio is 81 pretty high already
- I’ve never used this product before, don’t know much about it
- lots of institutional investment already in it

Thoughts?

Avian Pneumonia
May 24, 2006

ASK ME ABOUT MY OPINIONS ON CANCEL CULTURE
I don't think buying a whole boatload of GE stock about three weeks ago was a very good idea.

Risky Bisquick
Jan 18, 2008

PLEASE LET ME WRITE YOUR VICTIM IMPACT STATEMENT SO I CAN FURTHER DEMONSTRATE THE CALAMITY THAT IS OUR JUSTICE SYSTEM.



Buglord
Kodak can't be stopped

So lets talk earnings

EAT FASTER!!!!!!
Sep 21, 2002

Legendary.


:hampants::hampants::hampants:

Avian Pneumonia posted:

I don't think buying a whole boatload of GE stock about three weeks ago was a very good idea.

No, I ate poo poo on that trade.

Mea culpa.

Edit: but if I liked them at 19, I LOVE THEM AT 16 :getin:

Elephanthead
Sep 11, 2008


Toilet Rascal
What price should I love GE enough to buy some? If they break up will I then own a bunch of stocks to love? They have cash flow to pay dividends right? (Assuming the reinsurance doesn't keep bilking it all away)

Rocks
Dec 30, 2011

Elephanthead posted:

What price should I love GE enough to buy some? If they break up will I then own a bunch of stocks to love? They have cash flow to pay dividends right? (Assuming the reinsurance doesn't keep bilking it all away)

They cut the dividend by 50% in November lol

Risky Bisquick
Jan 18, 2008

PLEASE LET ME WRITE YOUR VICTIM IMPACT STATEMENT SO I CAN FURTHER DEMONSTRATE THE CALAMITY THAT IS OUR JUSTICE SYSTEM.



Buglord
I wouldn't buy GE at any price, long TQQQ / AMD / SHOP / WEED STOCKS

Syrinxx
Mar 28, 2002

Death is whimsical today

Do not buy GE

jvick
Jun 24, 2008

WE ARE
PENN STATE
WTF is Kodak doing?!

I’ll post the current positions this afternoon when I get back to a computer but we need to figure out what to do with this short. We are also up a nice amount (~5%) on AMD, may not be a bad time to cash that one out.

Michael Transactions
Nov 11, 2013

Elephanthead posted:

What price should I love GE enough to buy some? If they break up will I then own a bunch of stocks to love? They have cash flow to pay dividends right? (Assuming the reinsurance doesn't keep bilking it all away)

Idk this price seems good. I don't see it dropping below 10 but who knows. I also don't see it hitting 30 any time soon. Seems like a decent investment with those caveats in mind.

Risky Bisquick
Jan 18, 2008

PLEASE LET ME WRITE YOUR VICTIM IMPACT STATEMENT SO I CAN FURTHER DEMONSTRATE THE CALAMITY THAT IS OUR JUSTICE SYSTEM.



Buglord

jvick posted:

WTF is Kodak doing?!

I’ll post the current positions this afternoon when I get back to a computer but we need to figure out what to do with this short. We are also up a nice amount (~5%) on AMD, may not be a bad time to cash that one out.

I'd sell AMD on the 31st or at market close on 30th, earnings Jan 31st AMC

I'm holding through with 4/20 calls :pray:

Rocks
Dec 30, 2011

I wouldn't touch GE. They may seem just like a motors, appliances and light bulb company, but their financial services arm has hosed them royally ever since the crash of 2008. they are also losing a ton of talented people. source: i know someone that worked for them for years and just quit

goons, any thoughts on ALGN??? No one responded earlier. seems like a good stock. What is PANW by the way... what do they do? Also seems like a good one

also why is everyone bullish on AMD... is it just like "crypto is cool" or what

Rocks
Dec 30, 2011

Risky Bisquick posted:

I wouldn't buy GE at any price, long TQQQ / AMD / SHOP / WEED STOCKS

what is the best weed ETF to get into, is MJX really all that

Syrinxx
Mar 28, 2002

Death is whimsical today

Rocks posted:

what is the best weed ETF to get into, is MJX really all that
HMLSF is the best one but if you don't want to gently caress with OTC or are using Robinhood you can just get MJX which has less miracle gro and more tobacco

Risky Bisquick
Jan 18, 2008

PLEASE LET ME WRITE YOUR VICTIM IMPACT STATEMENT SO I CAN FURTHER DEMONSTRATE THE CALAMITY THAT IS OUR JUSTICE SYSTEM.



Buglord

Rocks posted:

also why is everyone bullish on AMD... is it just like "crypto is cool" or what
AMD had a foot in the wading pool of enterprise revenue and Intel followed up by making GBS threads their pants very publicly. That said the stock has a beta near 2.5 so trade at your own risk.

Rocks posted:

what is the best weed ETF to get into, is MJX really all that
WEED ETF :smug: Order executed: Buy MJN.VN @ 9.25 Limit

Rocks
Dec 30, 2011

I don’t understand TQQQ, what kind of sorcery is going on in their ETF and how do they achieve 3x Nasdaq

Droo
Jun 25, 2003

Rocks posted:

I don’t understand TQQQ, what kind of sorcery is going on in their ETF and how do they achieve 3x Nasdaq

It is basically trivial to do with futures contracts - you can buy $132k worth of nasdaq futures and only put up about $4000 in margin. Then they just rebalance every day to keep the 3x ratio correct and adjust the margin they have in the account as necessary based on performance.

paternity suitor
Aug 2, 2016

Glad about my Weed position.

This year is off to a fast loving start, hold onto your butts

Less Fat Luke
May 23, 2003

Exciting Lemon

paternity suitor posted:

Glad about my Weed position.

This year is off to a fast loving start, hold onto your butts
Mine's up 60%, my only regret is not dumping more into it. I'm pretty sure though it's going to keep going strong and up through next year though so I might move a bunch of safe stuff into it.

Accretionist
Nov 7, 2012
I BELIEVE IN STUPID CONSPIRACY THEORIES
Implications for anyone?

https://twitter.com/CNBC/status/955558494224121856

Maaaybe some goons with FSLR?

Edit:

This one isn't paywalled

Article: First Solar shares jump 8% after White House OKs tariffs on solar-panel imports

quote:

Shares of First Solar Inc. FSLR, +3.84% jumped 8% late Monday after news that President Donald Trump has approved trade protections on imported solar panels and modules as well as imported washing machines for home use. The solar tariffs are approved for the next four years, with a 30% tariff on the first year diminishing to 15% by year four.

Accretionist fucked around with this message at 23:08 on Jan 22, 2018

melon cat
Jan 21, 2010

Nap Ghost

Risky Bisquick posted:

AMD had a foot in the wading pool of enterprise revenue and Intel followed up by making GBS threads their pants very publicly. That said the stock has a beta near 2.5 so trade at your own risk.
I just sold my AMD at an ever-so-slight loss since I just didn't like the way the share price and leadership was behaving in the wake of the whole Meltdown fiasco ("We're not affected Intel is LOL... okay maybe we are affected we dunno"). But yeah- it is indeed trade at your risk with those guys.

paternity suitor posted:

Glad about my Weed position.

This year is off to a fast loving start, hold onto your butts
I'm really wondering how Canada's legalization in July will impact weed stock. Sustained growth, or straight to bubble territory, who loving knows.

orange sky
May 7, 2007

Grump posted:

I just got into buying Bitcoin and I have quite literally no other experience in investing in things.

How do I calculate how much money crypto-currency will make me if Bitcoin goes up to x dollars?

Are there any calculators out there where I can say "I bought X amount of Bitcoin at Y dollars. When Bitcoin reaches Z dollars, I will have this much money?"

An actual post

I want to believe it's true

Josh Lyman
May 24, 2009


Guess who had a meme about forgetting to buy NFLX options ahead of earnings, then owned NFLX underlying for a while but forgot he doesn't currently own it, and despite wanting to get back into options trading forgot to buy options again ahead of earnings?

That's right, a loving moron.

dougdrums
Feb 25, 2005
CLIENT REQUESTED ELECTRONIC FUNDING RECEIPT (FUNDS NOW)

Rocks posted:

I don’t understand TQQQ, what kind of sorcery is going on in their ETF and how do they achieve 3x Nasdaq

Droo posted:

It is basically trivial to do with futures contracts - you can buy $132k worth of nasdaq futures and only put up about $4000 in margin. Then they just rebalance every day to keep the 3x ratio correct and adjust the margin they have in the account as necessary based on performance.

Also they come in doubles, TQQQ vs SQQQ or VIX vs XIV, so one fund balances out the other ... I assume

Cheesemaster200
Feb 11, 2004

Guard of the Citadel

vaginal facsimile posted:

Idk this price seems good. I don't see it dropping below 10 but who knows. I also don't see it hitting 30 any time soon. Seems like a decent investment with those caveats in mind.

The market doesn't like uncertainty and I think GE is proving that fact.

That being said, I read a few articles on GE today. While the financial press tends to be useless, it was interesting to note that the vast majority of what was written about GE's past stock performance, analyst downgrades, and speculation about doomsday breakup scenarios. Little was written on why GE's fundamental underlying problems. GE has underlying problems, but it has also lost half of its value in the last year. The "narrative" frenzy has currently taken hold, and if you are looking for a value investment with a longer term time frame, it might be a decent choice. However I would recommend waiting until after earnings; the market is likely to thrash them regardless of what is said.

Fundamentally, GE's forward PE is less than the broader market. That's also based on some pretty lovely forward earnings that equates to roughly 60-70% of FY2016. Unless you think the company's operations are going to collapse I wouldn't get too carried away.

CloFan
Nov 6, 2004

Avian Pneumonia posted:

I don't think buying a whole boatload of GE stock about three weeks ago was a very good idea.

Yeah, oops. I mean whatever, I didn't throw that much at it, but I really wish they would come out with a news conference saying something something blockchain so I can sell on target

Jack Daniels
Nov 14, 2002

Rocks posted:

I don’t understand TQQQ, what kind of sorcery is going on in their ETF and how do they achieve 3x Nasdaq

:google:

Jack Daniels
Nov 14, 2002

Jack Daniels posted:

$GOON - 1x bull
$GOND - 2x bull
$GONZ - 3x bull

$NOOG - 1x bear (inverse)
$DNOG - 2x bear (inverse
$ZNOG - 3x bear (inverse)

:shepspends:

speaking of 3x ETF, are these up and running yet lol? :newlol:

LiterallyAnything
Jul 11, 2008

by vyelkin
TD Ameritrade announced it will be the first US-based 24/7 trading broker-

https://www.cnbc.com/2018/01/22/investors-can-trade-the-stock-market-24-hrs-a-day-with-td-ameritrade.html

Josh Lyman
May 24, 2009


Ameritrade Bestitrade :smug:

Trading these ETFs is fairly pointless round the clock. Even as a hedging mechanism against overnight news, futures would be more effective.

LiterallyAnything
Jul 11, 2008

by vyelkin

Josh Lyman posted:

Ameritrade Bestitrade :smug:

Trading these ETFs is fairly pointless round the clock. Even as a hedging mechanism against overnight news, futures would be more effective.

Yeah, seems you can't even try and scalp by placing GTC orders, limit only. Aside from it being (select) ETFs only right now, I'm excited that they might expand the program-

quote:

The e-broker also told CNBC that trading individual stocks around the clock may not be too far away.

Seems they already have this planned for popular stocks-

quote:

He said that TD Ameritrade would enable 24-hour trading for popular individual stocks, like Apple and Amazon, once liquidity for the SPY and other ETFs during the new session became large enough.

LiterallyAnything fucked around with this message at 02:26 on Jan 23, 2018

Josh Lyman
May 24, 2009


LiterallyAnything posted:

Yeah, seems you can't even try and scalp by placing GTC orders, limit only. Aside from it being (select) ETFs only right now, I'm excited that they might expand the program-


Seems they already have this planned for popular stocks-
That's gotta be only within Ameritrade's customer base though, right? After hours trading on the exchanges only gets you to 4am-8pm.

Solice Kirsk
Jun 1, 2004

.
Can't wait for the stories of the overnight shift trader making $12/hr getting screamed at by a coked up drunk guy at 3am on a Tuesday trying to sell off all his Apple holdings because he left his iPhone in an Uber and "that's why Apple loving sucks!"

Femtosecond
Aug 2, 2003

https://twitter.com/serkantoto/status/955651548779982850

Neat!

shame on an IGA
Apr 8, 2005

3am sunday morning short squeezes are gonna be fuckin hilarious

Adbot
ADBOT LOVES YOU

LiterallyAnything
Jul 11, 2008

by vyelkin

Josh Lyman posted:

That's gotta be only within Ameritrade's customer base though, right? After hours trading on the exchanges only gets you to 4am-8pm.

Depends on which market those trades are routed to, and that depends on the specific security being traded and who TD uses to route the trades. The article didn't give many specifics but TD has that info on their site.

While it would definitely be convenient for someone with a schedule like mine, monetarily it likely won't be advantageous for US consumers compared to trading during normal market hours. I would imagine you'd want to treat it the same way as trading Forex majors. Lower volume, higher volatility.

  • 1
  • 2
  • 3
  • 4
  • 5
  • Post
  • Reply