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    Wednesday, January 24, 2018

    Stock Market - A bitcoin horror story, and one every trader here can related to!

    Stock Market - A bitcoin horror story, and one every trader here can related to!


    A bitcoin horror story, and one every trader here can related to!

    Posted: 24 Jan 2018 08:41 AM PST

    This was a painful read, but almost every trader I know has been through something like this, just not this extreme!

    I feel bad for the guy, I can imagine there will be hundreds of more stories like this as time goes on and volatility and margin trading in crypto does its job.

    Here is the story, link to OP is included at the bottom:

    So, long story short, I started trading a year ago, been margin longing the whole run from 1k to 19k ( sometimes closing the top, sometimes closing too early or too late, but always making profit)

    I turned 3 lowly btc which I had from playing poker (at the time 3k) into nearly 200 BTC which was almost 4 million at the top and would be 2 million at current prices.

    I thought I was a trading genius, a god, whatever. Anyway, this is where the sadness starts.

    After the dump from 19k to 11k I went long at the bottom, and kept adding to my position on the bounce to 12k 13k, 14k. Then, at the 16k dead cat, my position was a further 100 BTC in profit. Instead of closing then and having a total 300 BTC, I increased leverage and increased my position size. This entire position was liquadated on the drop back to 12k, because my entry had moved up so much. I lost 100 btc paper profit and nearly 50 BTC margin. I was devasted, and down to 150 BTC total.

    After evaluating the situation, I came to the conclusion that the pump to 16k was a dead cat and that we are going lower. Therefore I shorted. At 12k. Added at 13k. Added at 14 and 15k. Got liquidated at the top at 17k. Another 50 BTC loss. Down to 100.

    Think, ok we made a higher high at 17k, uptrend back on. Went long. Got liquidated at 13k.

    50 BTC left. Devastated, unsure, no clue whats going on. Sat through the drop to 9k, when we bounced I thought it could be the bottom. Longed at 11500, panic closed 10500. When we went to 13k I was kicking myself for panic closing, went long at 12800.

    Liquidated this morning for my last bitcoin.

    3 BTC to 200, to 0

    At this time I am still in shock, the last few months Ive neglected relationships and school, and Ive been daydreaming about living the high life rich as fuck with my millions.

    Now, I am nowhere.

    Posting this so others dont gamble away life changing money. Dont want donations or tips not posting an address dont PM me. I never want to hear the word btc again because I want to forget

    https://www.reddit.com/r/BitcoinMarkets/comments/7s8umm/how_i_lost_nearly_200_btc_trading_this_past_month/

    submitted by /u/StockJock-e
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    New trader tips ?

    Posted: 24 Jan 2018 10:12 AM PST

    I am new to trading and I am very eager to get involved. I've been watching a few trading 212 videos and I have the app, practicing with fake money. I ament really used to all the stock market terms yet. Could any of you more experienced traders give me a few beginners tips ? Thank you

    submitted by /u/waterbottle78
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    How is a company whose stock is worth less able to purchase a company whose stock is worth more?

    Posted: 24 Jan 2018 07:04 AM PST

    Might be a dumb question but I'm relatively new to the stock world. If Company A is worth $10 a stock and Company B is worth $20 a stock how is A able to purchase B?

    submitted by /u/dunesix
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    1/24 - Wednesday Pre-Market Stock Movers & News

    Posted: 24 Jan 2018 05:46 AM PST

    Good morning traders of the r/StockMarket sub! Welcome to Wednesday! Here are your pre-market stock movers & news this morning-


    (CLICK HERE TO VIEW THE FULL SOURCE!)

    Frontrunning: January 24

    • Trump Team at Davos Backs Weaker Dollar, Sharpens Trade War Talk (BBG)
    • Dollar skids to three-year low as Mnuchin welcomes currency weakness (Reuters)
    • State Tax Workarounds Could Mean $154 Billion Lost to Treasury (BBG)
    • Truck Shortage Forces Firms to Cut Shipments or Pay Up (WSJ)
    • Dalio Warns That Rise in Yields Could Spark Bond Crash (BBG)
    • Great Ormond Street to return donations from men-only dinner (FT)
    • Amazon agrees to turn over third-party seller data (CNBC)
    • This Is Why the Pentagon Isn't Happy With the F-35 (BBG
    • Founder and Protégé Clash, Pushing Och-Ziff Into Crisis (WSJ)
    • GE posts $10 billion loss as quarterly revenue drops 5 percent (Reuters)
    • Beleaguered GE Sticks to Full-Year Profit Forecast (BBG)
    • Comcast tops profit estimates even as it sheds video subscribers (Reuters)
    • Carles Puigdemont has right to lead local government: Catalan parliament speaker (Reuters)
    • Mexico's drug cartels, now hooked on fuel, cripple nation's refineries (Reuters)
    • Trump's Wall May Not Be a Big Obstacle in Immigration Debate (BBG)
    • Brazil braces for ruling that could bar Lula from 2018 race (Reuters)
    • New Life for Kushners' Troubled N.J. Towers After Meeting With Mayor (BBG)
    • If You Drink Coffee in California, Be Warned: It May Cause Cancer (WSJ)
    • Toys "R" Us says to shut a fifth of its U.S. stores (Reuters)

    STOCK FUTURES NOW:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    YESTERDAY'S MARKET HEAT MAP:

    (CLICK HERE FOR YESTERDAY'S MARKET HEAT MAP!)

    YESTERDAY'S S&P SECTORS:

    (CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)

    TODAY'S ECONOMIC CALENDAR:

    (CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

    THIS WEEK'S ECONOMIC CALENDAR:

    (CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

    THIS WEEK'S IPO'S:

    (CLICK HERE FOR THIS WEEK'S IPO'S!)

    THIS WEEK'S EARNINGS CALENDAR:

    ($NFLX $GE $HAL $INTC $CAT $LRCX $JNJ $CELG $VZ $F $CLF $PG $STM $ISRG $ABT $PETS $FCX $WDC $AAL $MMM $TXN $UAL$RTN$BIIB$LUV $CMCSA $KMB $ALK $UTX $CBU $SBUX $BOH $AMTD $JBL $WYNN $URI $BMRC $HON $SWK $ITW $PGR $OPB $STT $TRV)

    (CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ($GE $ABT $UTX $CMCSA $SWK $ITW $GD $PGR $RCL $GWW $RES $NVS $ROK $NSC $NHGE $NTRS $APH $TEL $MPX $CVLT $USAP $ROL$AUDC $BOKF $HZO $PB $CPF)

    (CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

    EARNINGS RELEASES BEFORE THE OPEN TODAY:

    (CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

    EARNINGS RELEASES AFTER THE CLOSE TODAY:

    (CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #1!)
    (CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #2!)

    THIS MORNING'S ANALYST UPGRADES/DOWNGRADES:

    (CLICK HERE FOR THIS MORNING'S UPGRADES/DOWNGRADES!)

    THIS MORNING'S INSIDER TRADING FILINGS:

    (CLICK HERE FOR THIS MORNING'S INSIDER TRADING FILINGS!)

    TODAY'S DIVIDEND CALENDAR:

    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!)

    THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

    • VRX
    • GE
    • CMCSA
    • TXN
    • UAL
    • GLD
    • QCOM
    • PBYI
    • CERS
    • DGAZ
    • CREE
    • SLV
    • NVS
    • UTX
    • SPY
    • JNUG
    • MDR
    • SBUX
    • UUP
    • AG
    • GDX
    • RES
    • RCL
    • MPX
    • MAT
    • ROK
    • AMZN
    • NUGT
    • GD
    • USLV

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    Comcast – The NBCUniversal and CNBC parent reported adjusted fourth-quarter profit of 49 cents per share, 2 cents a share above estimates. Revenue topped forecasts, as well, and Comcast announced a 21 percent dividend increase. The company also said it would repurchase at least $5 billion in stock this year.

    STOCK SYMBOL: CMCSA

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    General Electric – GE fell 2 cents a share shy of estimates, with adjusted quarterly profit of 27 cents per share. Revenue also missed expectations, however GE said its cash flow was improving and it gave an earnings forecast for 2018 that falls largely above Street forecasts.

    STOCK SYMBOL: GE

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    United Technologies – The defense contractor reported fourth-quarter profit of $1.60 per share, beating estimates by 4 cents a share. Revenue also beat consensus and United Tech said its organic sales growth in 2017 was its fastest in three years.

    STOCK SYMBOL: UTX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Stanley Black & Decker – The tool maker came in 4 cents a share above estimates at an adjusted $2.18 per share. Revenue also beat forecasts and the company made upbeat comments about this year as it integrates recent acquisitions.

    STOCK SYMBOL: SWK

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Valeant Pharmaceuticals – Goldman Sachs initiated coverage on the drugmaker with a "sell" rating. Goldman said Valeant has made progress in executing growth initiatives, reducing debt, and moving past legal issues, but adds that Valeant still faces litigation risk and a highly levered balance sheet.

    STOCK SYMBOL: VRX

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    United Continental – United reported adjusted quarterly profit of $1.40 per share, 6 cents a share above estimates. The United Airlines parent's revenue came in just slightly above forecasts, however the shares are under pressure after United said it planned to increase capacity in a move which could impact its profit margins by keeping price wars in place. That's hurting shares of other airline stocks like Delta Air Lines, JetBlue, American Airlines Group, and Southwest Airlines.

    STOCK SYMBOL: UAL

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Wells Fargo — The bank increased its share buyback program by 350 million shares.

    STOCK SYMBOL: WFC

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Texas Instruments – Texas Instruments matched Street forecasts, with adjusted quarterly profit of $1.09 per share. Revenue was in line with forecasts, as well. Revenue growth was the slowest in four quarters amid expectations that increasing demand for automotive-related chips would drive growth.

    STOCK SYMBOL: TXN

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Sirius XM – Sirius XM added $2 billion to its stock buyback program, bringing the satellite radio operator's buyback program to a total of $12 billion since it was begun in 2013.

    STOCK SYMBOL: SIRI

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Valero Energy – The energy producer increased its quarterly dividend to 80 cents per share from 70 cents, and also approved a stock buyback program worth up to $2.5 billion.

    STOCK SYMBOL: VLO

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Capital One – Capital One reported adjusted quarterly earnings of $1.59 per share, missing the consensus estimate of $1.88 a share. The credit card issuer's revenue was slightly below forecasts. Results were impacted by credit losses, and the company reported an overall loss on a $1.77 billion charge related to the recent tax law change.

    STOCK SYMBOL: COF

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Cree – Cree lost 1 cent per share for its latest quarter, compared to expectations of a 1 cent per share profit. The maker of lighting products did see revenue beat forecasts. The company said strategic moves are beginning to take hold and that it sees meaningful upside in future results.

    STOCK SYMBOL: CREE

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Qualcomm – The chipmaker was hit with a $1.2 billion fine by European regulators for paying Apple to exclusively use Qualcomm chips in its products.

    STOCK SYMBOL: QCOM

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Facebook – Facebook bought Boston-based Confirm for an undisclosed amount. Confirm specializes in identification authentication technology.

    STOCK SYMBOL: FB

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Microsoft – Microsoft was rated "buy" in new coverage at Nomura/Instinet, saying the software giant is poised to benefit from the business world's digital transformation trend.

    STOCK SYMBOL: MSFT

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    FULL DISCLOSURE:

    /u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. /u/bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.


    DISCUSS!

    What is on everyone's radar for today's trading day ahead here at r/StockMarket?


    I hope you all have an excellent trading day ahead today on this Wednesday, January 24th, 2018! :)

    submitted by /u/bigbear0083
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    Best Android widget to track major indices like the DJIA, S&P 500, etc.?

    Posted: 24 Jan 2018 08:30 AM PST

    I'm looking for a widget to pop on my home screen that I can quickly glance at and be able to gauge how the market is doing, in general on a given day. Preferably something that's light on battery. Does anyone have anything that they would recommend?

    submitted by /u/showmeurknuckleball
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    Best stock screeners that incorporate upcoming news releases? (Like FDA announcements for biotechs)

    Posted: 24 Jan 2018 01:48 PM PST

    What stock screeners do you guys like to use? I was looking at finviz but had trouble coupling that with other sources like the FDA announcement calendar.

    I have a stupid 10 week long investing challenge where we need to invest in single name equities to produce the most alpha which is stupid because you can't value invest on a 10 week horizon so its pretty much all dumb plays and betting on what will have big moves.

    submitted by /u/klausshermann
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    If you knew a 10% to 20% correction is coming what stocks would you buy ?

    Posted: 24 Jan 2018 12:30 PM PST

    Let's say you have to use 100% of your portfolio . I'm thinking of keeping 75% of my current portfolio and going 25% into positions such as $IEP, $TLT and a half position in $VIXY.

    submitted by /u/Poopeyejoe_44
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    New Howard Marks Memo

    Posted: 24 Jan 2018 12:21 PM PST

    It's a long one.

    Kinda of the same tone. Everything is expensive but you have to stay invested because the economy is solid. Tough place to be, but tougher to be out of the market, it seems.

    There is a good amount on the new tax plan in there. Always a pleasure to read.

    https://www.oaktreecapital.com/docs/default-source/memos/latest-thinking.pdf

    submitted by /u/StateofCaptial
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    What is the best time to realize gain?

    Posted: 24 Jan 2018 12:02 PM PST

    What is the best time to realize gain on non-dividend stocks (for now just in retirement accounts so it won't affect current year income tax). I have some tech stocks, some of them with 100-150% gains on, others 20-50%. Realize and reinvest? Or keep them till the end of time?

    submitted by /u/Hacapesy-Makie
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    Question about investigation on HTM

    Posted: 24 Jan 2018 07:32 AM PST

    I own stock (477) shares of US Geothermal - HTM Stock. Today the price jumped up to 5.41 per share. I checked the news on the stock and found this.

    SAN DIEGO, Jan. 24, 2018 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of U.S. Geothermal Inc. (NYSE: HTM) ("U.S. Geothermal") breached their fiduciary duties in connection with the proposed sale of the Company to Ormat Technologies, Inc. (NYSE: ORA) ("Ormat").

    On January 24, 2018, U.S. Geothermal announced that it had signed a definitive merger agreement with Ormat. Under the terms of the agreement, U.S. Geothermal shareholders will receive $5.45 per share in cash.

    The investigation concerns whether the U.S. Geothermal board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for U.S. Geothermal shares of common stock. Nationally recognized Johnson Fistel is investigating whether the proposed deal represents adequate consideration, especially given the Company's projected revenue and earnings growth and one Wall Street analyst has a $6.00 price target on the stock.

    If you are a shareholder of U.S. Geothermal and believe the proposed buyout price is too low or you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.

    About Johnson Fistel, LLP:

    Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

    My question. Should I sell at the $5.41 a share? I just don't know how much of a hassle it will be to get the money back into my account if they issue me a check. I don't know how common it would be for one of these law suits to actually yield positive results.

    submitted by /u/thesunscreen
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    Starting trading, what graph analysis program should I go for?

    Posted: 24 Jan 2018 09:45 AM PST

    Iam reading books and starting to trade stocks, what would be the best graph analysis program that I should use? And will it show the company profit/circulation? Im new to this.

    submitted by /u/KneeGearsCX
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    Emerging Markets Shift

    Posted: 24 Jan 2018 09:20 AM PST

    I've decided to begin shifting my exposure into more emerging markets with the hope that if we take a hit in the US, there will be a rise in select emerging markets. So far, I have began to shift money into: VWO, SMIN and SCHE. Anyone have any other emerging market ETF picks that: 1. Have a low gross expense ratio 2. Is in an emerging market that you believe would rise in the event that the US markets began to correct?

    submitted by /u/Esc00
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    How much of an increase to NYSE since the QE?

    Posted: 24 Jan 2018 12:04 AM PST

    I'm just amazed how explosive the low interest rate can cause the increase in the stock market....

    submitted by /u/Tc0008
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    Watchlist 01/24/2018

    Posted: 24 Jan 2018 05:55 AM PST

    Watchlist Wednesday 01/24/2018:

    $SPI $CERS $SQNS $CVRS $TEUM $OHGI $GGB

    submitted by /u/AsumTrading
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    Good time to get into AMZN

    Posted: 24 Jan 2018 01:58 AM PST

    Hi all,

    I know this is a bit of a redundant question in many ways, as there are so many elements involved and also no one knows the answer. However, I would like to get a view of all your individual opinions.

    I've always wanted AMZN and GOOG stocks while in University (2-3 years ago) but couldn't afford them. I made my first entry into the stock market this December with BAC, JP Morgan & Citi Group shares. They're all doing pretty well. BAC is on 7-8% growth at the moment.

    I also want Amazon shares, but I feel like I may be purchasing at a weak time because I'm not buying at a dip (albeit a minor/temporary one). I should have bit the bullet in December but made a mistake. I wonder if there will be some sort of price correction in the near future or dip that I can capitalise on. I'm struggling to make the necessary logical deductions on this particular piece.

    Would be helpful to know your thoughts/opinions on this so I can flesh out my perspective on this particular question.

    Thanks, 5DYL7

    submitted by /u/5DanaYuktiLabha7
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