Was waiting for a long time to go in and went in big yesterday…tempted to sell today!
OT: Stock and Investment Thread
- Thread starter RU05
- Start date
Selling some longs over the next few weeks and hedging what’s left is not a bad idea.
No. Go back in this thread. I bought Amazon, apple and Disney Wed afternoon at the lows…
That's funny because it's Sam Jackson more than funny due to the silly manufactured point it's trying to make. As if folks who spend a bunch of time arguing online over when to buy or sell their stocks are suffering greatly from inflation.
"Look here! Look at the price of this Filet Mignon and Lobster! And the Caviar? (sigh) Ah well, I suppose I shall only get dozen of each instead of the usual thirteen, this week. This inflation is crushing us, Muffy. Just crushing us. "
Ew. Vegetables aren't food. They're what food eats.Crudités....
Dr. Oz disagrees, per his infamous campaign stop at a supermarket in PA. LOL. He'll have some time to discuss it with you, now.... I believe you'll find him back "home" in NJ, now....
Another nice day. Up around 1%. Lagged the nasdaq but inline with the s&p.
Have a few positions called away and got put back into the SQQQ. I’ll sell puts on the positions i lost and calls on the SQQQ.
I have been tinkering with the idea of buying calls instead of selling them when the premium doesn’t seem worth it for a desired strike price. Reasonable idea?
Have a few positions called away and got put back into the SQQQ. I’ll sell puts on the positions i lost and calls on the SQQQ.
I have been tinkering with the idea of buying calls instead of selling them when the premium doesn’t seem worth it for a desired strike price. Reasonable idea?
Hopefully some of you guys followed me into this trade. Made insane amount of money the past 2 days. I see a nice rebound and strong rally for the next 6 weeks. The big thing that can derail this rally is Powell coming out and saying something stupid. I would look to buy out of the money call options on the most beaten down and high beta stocks and keep rolling them. Any dips for the next 6 weeks should be considered strong buys.
I bet Powell is going to try to say something stupid, but sooner or later, the market is going to call his bluff. The data rules the day. Unfortunately, I didn't buy LABU on Wednesday. However, since I work at a biotech company, I got to enjoy my options and RSUs blowing the f up!
I will start a LABU position at the slightest dip.
Tom Lee is not wrong.
Inflation on housing, durable good and medical decelerating. But Lee still sees inflation settling at 3.5%. I been saying 4%-5% over the next couple of years. I guess we will see. However, last weekend after a soccer game in upstate NY we stopped at a pizzeria to get four regular slices and a Sicilian (no drinks). The price $24. The pizza guy was a little surprised by the look I gave him and pointed out that the slices were big and yes, they were at least 20% bigger than your normal slice. Last night (again coming from soccer) called in a pepper steak and onions (combo) and a can of soda … $18.25. I also need to find a better place to buy me some free range chicken. I’m paying $12 a pound.
Lee also sees the next hike at .25/.50 instead of .50/.75 bps and possibly done after that. I been saying fed does not have much room to raise and that rates have pretty much peaked.
Tom Lee is now 2 for 2.
Tom also says we may be looking at a 25% spike from the lows to S&P 4400. He’s right again. Well, possibly. Bear market rallies (10%-25%} are the norm. As a matter of fact, fast 25% moves (weeks to a couple of months) only happen in bear markets.
Now, Tom says that we may go even higher than 4400. Well, I’m not so sure about that one Tom, but I’ll still give you a 3 for 3. Well done.
Disclaimer: These comments are not trading or investment advice, but for general entertainment purposes only. You are solely responsible for making your own investment decisions. Consult with your financial advisor.
True, Tom pumped FANG for years, but never gave you an exit strategy. That’s a problem.
No it's not. The market can go up as inflation goes down or stays low. Years and years and year of data on this happening.
Buying Big Tech (I don't say FAANG since I mean MSFT instead of NFLX) has been the right move for years. If you did this, you made lots and lots of money even with this temporary dip. These are the most important companies in the entire world and impact day to day life. They are going nowhere and will be back at ATHs soon enough (well, perhaps except META, that one may take a while, LOL!).
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I’ll be in Big Tech, no argument there. However, Not expecting insane returns with the mega caps. Monster returns will come from new companies over the next decade or two. I prefer AAPL, AMZN, GOOG, etc. 15%-20% year. I’m good with that.
Unfortunately with many big tech names down 30%-60% YTD many will stay away. Sad.
Unfortunately with many big tech names down 30%-60% YTD many will stay away. Sad.
As growth rate/margin grow at a slower pace, PE will come down. That’s why portfolio allocation is so important.
Not necessarily. After the Volker bear market, through the rest of the 80s.....market went up 230%, but earnings only grew at 8%. Value is in the eye of the beholder.
Detailed analysis on inflation over the next 4 years (hint.....it will fall like a ROCK). Plan accordingly:
If gold is about to go on a nice run I'll sit in a lazy boy and be a curmudgeon.Meh, gold is for old men in lazy boy chairs!
As long as energy doesn't go on another run, the yoy comps fall dramatically come February.Detailed analysis on inflation over the next 4 years (hint.....it will fall like a ROCK). Plan accordingly:
If inflation falls like Morningstar and many others predict, you want to go heavy on big tech once again.
Define run? In a market where inflation is going down, there will likely be much better opportunities to take advantage of. Keep an eye on biotech. That HC sub-sector has been crushed beyond logical rationale.
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Given the current state of crypto, the relative recent decline of the dollar, and a peaking market, gold is positioned nicely. IAU, GLD, BAR....
