Investing General Discussion

  • Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!



    Go here and give us your nominations!
    Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,603
120,947
ShakyJake said:
wonder how to play this. Was thinking of buying some January DIA, SPY, and QQQ call options. This seems like an overreaction.
Click to expand...
That's a gamble. You are playing against governments, big pharma and the media. They are not going to give up this cow without a fight.
 
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,603
120,947
The irony is algo selling driven on the word "variant" is both delicious and frightening at the same time.

Looks like it's black Friday sales in the blue chips today boys.
 
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,603
120,947
This is the real way to get oil under control. Announce a new "variant". Oil down 8% a barrel.

edit: Added to BA at $195. Long term move.
 
Last edited:
Borzak

Borzak

Bronze Baron of the Realm
25,464
33,218
Sanrith Descartes said:
This is the real way to get oil under control. Announce a new "variant". Oil down 8% a barrel.

edit: Added to BA at $195. Long term move.
Click to expand...

No way oil comanies are going to drill for anything now. They were already very gun shy to spend money drilling. Oil release will be very short term. The end result will last, less drilling and we'll be back in the same place again. Top refineries can refinine 500k barrels a day so let's release a few barrels lol. The large companies are still in 100% asset protection mode. On top of that the largest in the world is fighting off a green energy takeover on the board. I love politicians that think the whole thing has a giant switch to throw it on/off and that's it lol.
 
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,603
120,947
Blazin said:
I have bought back my MRK shares at $78 this morning
Click to expand...
Curious, why do you like MRK over AMGN?

1637942123689.png
 
Blazin

Blazin

Creative Title
<Nazi Janitors>
6,954
36,159
Just increased my IWM position, orders in on AMZN and MPC. Going to sell puts on SPY to buy back the shares I sold at $470+
 
Blazin

Blazin

Creative Title
<Nazi Janitors>
6,954
36,159
Sanrith Descartes said:
Curious, why do you like MRK over AMGN?

View attachment 384540
Click to expand...
whynotboth.gif

Amgen is more expense on several metrics, EV/Sales, Price/Book being a big one. Three year CAGR on MRK is better 3.38% vs 8.03%. I'm bullish on both LT, MRK chart looks better. As long as I have room I will likely be adding some AMGN at some point to go along with ABBV, MRK, and CAH. Now if I could just have my UNH back
 
  • 1Like
Reactions: 1 user
You must log in or register to reply here.