Investing General Discussion

swayze22 · Jan 13, 2022

Sanrith Descartes said:
I make no claims as to the validty if this substack article. Decide for yourselves.

Economist Michael Hudson explains inflation crisis and Fed's secretive $4.5 trillion bank bailout

Economist Michael Hudson discusses the global inflation crisis and how the US Federal Reserve quietly (and apparently illegally) bailed out big banks in 2019 with $4.5 trillion of emergency repo loans

benjaminnorton.substack.com

there are other articles some dating back to 2020

JPMorgan Chase, Goldman Sachs, and Citigroup

The Fed Is About to Reveal Which Wall Street Banks Needed $4.5 Trillion in Repo Loans in Q4 2019

By Pam Martens and Russ Martens: December 29, 2021 ~ The conventional wisdom is that the Fed’s recent emergency lending facilities to Wall Street were

wallstreetonparade.com

Fed's dilemma: Picking winners for $4 trillion in credit

When the Federal Reserve polled Wall Street about financial stability risks last fall, "global pandemic" didn't make the list.

www.reuters.com

Shonuff · Jan 13, 2022

Now you can trade with the real insiders LOL

EXCLUSIVE: Unusual Whales Creates 'Nancy Pelosi ETF' So You Can Track Her Trades - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

Members of U.S. Congress are permitted to buy and sell stocks and options in public companies as long as they publicly disclose their trades. The rule has come under scrutiny recently and became one of the focuses of the online platform Unusual Whales.

www.benzinga.com

Shonuff · Jan 13, 2022

Double beat. No one has stopped traveling.

Delta Air Lines Stock Gains After Q4 Results, Expects Strong Spring, Summer Travel Season - Delta Air Lines (NYSE:DAL)

www.benzinga.com

Sanrith Descartes · Jan 13, 2022

Sanrith Descartes said:
Share lockup expiration on the 19th. With the Delta and a decent drop I double or triple my money. Maybe more if it crashes hard.

LachiusTZ was up 200% this morning

at 3 cents.

Sanrith Descartes · Jan 13, 2022

Sold my BA for a 15% profit. It has been bouncing off over-head support here for a bit. I might circle back on it if it runs back down near $200 again which it tends to do.

Shonuff · Jan 13, 2022

Sanrith Descartes said:
Sold my BA for a 15% profit. It has been bouncing off over-head support here for a bit. I might circle back on it if it runs back down near $200 again which it tends to do.

I'm holding until it gets completely cleared in China (the rumor). Could probably let it run a couple of more weeks.

Jysin · Jan 13, 2022

NCLH on a tear today. UK Omicron numbers falling off for days now. Officials claiming we are past the peak.

As I said days ago in this thread, my guess is the US follows in 1-2 weeks.

Travel all seeing a boost on this news.

Sanrith Descartes · Jan 13, 2022

Jysin said:
NCLH on a tear today. UK Omicron numbers falling off for days now. Officials claiming we are past the peak.

As I said days ago in this thread, my guess is the US follows in 1-2 weeks.

Travel all seeing a boost on this news.

MA and V ripping as well.

Shonuff · Jan 13, 2022

Gottlieb says it may peak in February. We'll see. My bets are placed, I have probably 140k sitting in airlines, cruise, banks, oil, hotels, ABNB and MA.

Sanrith Descartes · Jan 13, 2022

Shonuff said:
Gottlieb says it may peak in February. We'll see. My bets are placed, I have probably 140k sitting in airlines, cruise, banks, oil, hotels, ABNB and MA.

Just in time for discussion of the March rate hikes to begin rising.

LachiusTZ · Jan 13, 2022

Sanrith Descartes said:
LachiusTZ was up 200% this morning at 3 cents.

I thought about following, but was too big brained for me.

You close them out yet?

Jysin · Jan 13, 2022

Shonuff said:
Gottlieb says it may peak in February. We'll see. My bets are placed, I have probably 140k sitting in airlines, cruise, banks, oil, hotels, ABNB and MA.

Per your posts, you were "deep into reopening" plays back in first week of Nov when I PM warned you about the sector on new variant news.

How much drawdown have you taken since then?

Jysin · Jan 13, 2022

Speaking of drawdown. Below illustrates the importance of cutting losers. Especially when the thesis behind your original trade plan has changed.

Full read:

http://shurwest.com/wp-content/uploads/2013/08/The-Math-of-Gains-Losses.pdf

Sanrith Descartes · Jan 13, 2022

LachiusTZ said:
I thought about following, but was too big brained for me.

You close them out yet?

Nope, it drifted back down a penny. The lockup ends on Monday. My battle plan is to see a significant move down when lockup expires and to try to get 5 cents out of them. The Delta is obviously shit since I am so far out of the money but the IV is 110 right now

Sanrith Descartes · Jan 13, 2022

DWAC hit $75 today.

Sanrith Descartes · Jan 13, 2022

Jysin said:
Speaking of drawdown. Below illustrates the importance of cutting losers. Especially when the thesis behind your original trade plan has changed.

View attachment 392723

Full read:

http://shurwest.com/wp-content/uploads/2013/08/The-Math-of-Gains-Losses.pdf

so my SPIR position only needs to go up 185% to get me back to zero? No problem

Sanrith Descartes · Jan 13, 2022

MTTR is fully shorted now. No shares available. Of course that wont stop those who naked short.

Shortable Stocks

Available borrow, fee, and rebate rates for all US-listed stocks. Updated every 15 minutes during market hours.

www.shortablestocks.com

Tmac · Jan 13, 2022

Jysin said:
Speaking of drawdown. Below illustrates the importance of cutting losers. Especially when the thesis behind your original trade plan has changed.

View attachment 392723

Full read:

http://shurwest.com/wp-content/uploads/2013/08/The-Math-of-Gains-Losses.pdf

Oof.

Jysin · Jan 13, 2022

Sanrith Descartes said:
MTTR is fully shorted now. No shares available. Of course that wont stop those who naked short.

Shortable Stocks

Available borrow, fee, and rebate rates for all US-listed stocks. Updated every 15 minutes during market hours.

www.shortablestocks.com

Not sure about the validity of this site? Where is that info pulled?

My broker has no issue finding shares to short. (And quite cheaply too)

fris · Jan 13, 2022

Shonuff said:
Now you can trade with the real insiders LOL

EXCLUSIVE: Unusual Whales Creates 'Nancy Pelosi ETF' So You Can Track Her Trades - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

Members of U.S. Congress are permitted to buy and sell stocks and options in public companies as long as they publicly disclose their trades. The rule has come under scrutiny recently and became one of the focuses of the online platform Unusual Whales.

www.benzinga.com

politicians have 30 days to report their stock trades, and many fail at that. any ETF based on those trades will have that huge latency and as a result have far lower earnings. Gram Stephen covered this in one of his videos recently.

i fully support restricting politicians ability to invest anywhere but a primary residence and large index funds. Pelosi funneling info to her husband's investment firm should be criminal.

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