/smg/ - Stock Market General

I'm looking to open a third position. I've got KO and RTX and I want to use the rest of my cash to put into one more company until I can add more cash. I was thinking about going into MRVL seems like a decent company and a 5G play

Redpill me on the “biblical” crash on Monday.

Attached: F4B7FED7-FDD9-4F55-9D96-ED20EC04E33D.png (477x284, 6.27K)

I have never read a quarterly earnings report. I have no idea what any of it means.

Attached: 1585779750257.png (500x585, 286.93K)

It's going to crash so hard it will go up

continuing with

You seem to be butt frustrated by the fact that the economy does support your short-to-medium term bullish outlook. I hope you take your profits when the time comes.

Based and gamblerpilled

Attached: dice.jpg (600x518, 27.38K)

Why do people here think it's gonna tank Monday? The market is detached from reality, explain to me how, outside of some select stocks and even some industries to an extent, it's possible to predict what happens next

>Why yes, I did purchase $3000 of RTX when it was just $60 a share. How could you tell?

Attached: tenor1.gif (406x204, 1.13M)

Morgan Stanley rose the S&P 500 target to 3000 before the Gilead news.

Monday is gonna be green.

Go all in on NET.

Bears have been screeching black monday big red since they had 2-3 in a row a month ago. Its not happening anymore. Been like a month where there wasnt a red monday but theyre clinging to those Monday gap downs.

Beartards have lost everything and the only thing they can do now is hope. Well, I say fuck 'em.

Attached: 1587010974254.gif (480x360, 1.23M)

I'm sure sooner or later we'll test and even break those lows from around March 20th, I just don't see how that happens Monday. Though the irony is on one hand I want stocks to go up for one account, while I missed the 3/20ish bottom for buying back into my mutual fund so I'd like that to go down again

strawpoll.me/19802880
DO YOUR CIVIC DOODIES
strawpoll.me/19802880
VOTE ON MY ERECTION
strawpoll.me/19802880
HIGH QUALITY MARKET SENTIMENT ANALSISSIES

based

it was so beautiful....
why did it have stop....

Attached: 1585270111348.jpg (600x450, 48.79K)

>bought my first stocks a couple of weeks ago
>up $1000

Attached: 1524711483392.jpg (600x630, 190.56K)

seconding NET, alternatively CARR looks good, Brookfield is always solid, or if you're feeling spicy maybe MRO

based

Yes great time to buy stocks, nothing to worry about here buy up goyims

real bears became bulls when the trend changed, all thats left are retards longing inverse ETFs and wondering where all their money left

t. rooiner who missed the bottom

Attached: 1586874565207.png (680x564, 119.93K)

bruh give me a ticker

get a job

blessed

>quantitrader.com/algorithms/stop-losses/
>I used to always put in stop loss orders.
>It was just part of the trade.
>I would enter a trade and then immediately put in a stop loss order.
>It was as second nature to me as slipping my little pinkies into soft slippers before touching the hard, cold, tile on the bathroom floor in the morning.
>But I was getting stopped a lot so started to pay more attention.
>I would watch my stop loss order being filled then, in pure and utter amazement, watch the price reverse course and take on the characteristics of the Dukes of Hazzard running from Sheriff Rosco P. Coltrane.
>I was immobilized with a feeling of a bride left at the altar. I was just as angry as the aforementioned bride would have been so I set out to answer the question:
>What the heck was happening?
>Here is Bruce Robinson’s response when I posed the question to him (Bruce is also a personal friend of Howard Bandy’s ).
>“Early on, I did quite a bit of testing with stop-loss orders (and trailing stops as well). My conclusion was that they hurt the results of the vast majority (almost all) trading systems, or resulted in over-fitting of stop parameters. So, I decided not to use them, and not to incorporate the option into systems. I later confirmed this with others. Howard (Bandy), for example, also says that they almost always hurt performance.
>Please note the above statement is talking about perfectly executed stops where:
>-other participants such as brokerages or ECN’s did not have knowledge of stop points
>-stops were triggered by executed order prices
>In practice, stops perform even worse because the above two conditions do not hold true.”
>I’m sure I’m getting some head nods in agreement, however, I’m just as sure there are more out there ready to tar and feather me who still believe stop losses are as necessary as the air you breathe. If you are in the latter category, please read on.

Is he right? SLbros, i don't feel so good...

Attached: 1581391545074.jpg (750x1000, 84.39K)

you should be mostly cash and bluechips with low P/Es right now

I’m buying 1,200 worth of Xom on Monday. Who’s with me?

I really wanna sell my rtx profits and buy back if it drops again. But we live in a clown world and none of this shit makes sense

Which stocks should I buy if I don't want to end up like this?

Attached: simp.jpg (800x500, 45.98K)

Partly true. If there's a rally or a sell-off you can piggyback off of, you might as well make what gains you can. Make money on the way down, and make money on the way back up. But it pays to keep an eye on what will move the markets in more than just the next couple of days and weeks.

Holy shit i lost money on 2 stop orders today

Stop loss is for fucking low IQ retards who don't even know why they are buying the stock they are buying

I only buy stocks where I'm confident the value will eventually go up, and only set a stop loss once it's passed above my cost average, so "stop loss" is more like "minimum profit"
>but what if stocks go down
don't buy stocks that could realistically go to zero and they'll EVENTUALLY go up

Today I sold some RTX to go all in on NET. I'm pretty content with my portfolio right now and will just sit for a while. Hopefully I played my cards right.

eventually can be a long, loooong time, user.

I hope the S&P dips some monday. I got 2000 more to dump into my funds and the lower it goes the more "shares" and more divvy I bag. I'm kinda done chasing OTC stocks. I've had fun,made some green (only lost 700 thank god) but thanks to events (virus) I'm in a perfect spot to make epic gains over the next decades as the market surges higher.

Respectable, but I'd jump back into RTX as soon as it's below $64-65, this shit is on a one way mission to $100sville

Stop loss orders are for "people" with no brains and no balls.

RTX

If you're Canadian, you should buy Canadian Tire.

tradingview.com/symbols/TSX-CTC.A/

I bought some when it was around 82 and now it's going to the moon.