Shonuff
Mr. Poopybutthole
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These travel and leisure stocks are up 5%...glad I snatched more up before the open.UAL now 6.6%.
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Investing General Discussion
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Sanrith Descartes
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Shonuff
Mr. Poopybutthole
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There would be no confirmation to do so, the signals have said to buy past 10 AM. You'd have to be an idiot to short the market today.
Shorting a little Zoom. Its up because the acquisition failed, but its still facing horrible comps and reduced growth. The Merck news is not a plus for it. All the ending the acquisition did was fatten it up for dinner.
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Blazin
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Sold 17 put contracts (~$700k) on SPY this morning. Over $5k day so far. Character of the market noticeably different today.
Plus the SPY and IWM shares I decided to take yesterday are now seriously printing. I make so much of my money each year during these periods, it's the one thing I have down pat market likes to leave me starving with long boring melt ups.
Plus the SPY and IWM shares I decided to take yesterday are now seriously printing. I make so much of my money each year during these periods, it's the one thing I have down pat market likes to leave me starving with long boring melt ups.
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Blazin
Creative Title
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We are going to have a 100M share big up day in SPY those are quite rare and when they happen they normally mark a bottom. Advancing Vol on NYSE is 80% would like to have seen 90% for a proper breadth thrust but parts of tech still acting weak holding it back. So this is not a slam dunk, but there is now a considerable shift that the bottom may be in . The bears will likely test the close , bulls really need to avoid one of those waterfall red closes then next week need to hit 437-8 base for a day or two and then push through it.
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Sanrith Descartes
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Sanrith Descartes
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Sanrith Descartes
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Shonuff
Mr. Poopybutthole
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Sanrith Descartes
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Sanrith Descartes
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They had been on sale the last 3-4 weeks but many have bounced back. Depends on the specific stock and sector to be honest. Some are still decently discounted. Just remember they are boomer stocks and don't tend to move a lot. I like them as a hedge against my tech heavy portfolio.
Big Phoenix
Pronouns: zie/zhem/zer
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So between SNDL and now UAL, ive missed out on close to 100k in profit this year. Real easy to see why people go off the deep end with trading and blow themselves up.
Im thinking of jumping into WYNN next week, with the killing it took over the past two its looking very attractive;
Im thinking of jumping into WYNN next week, with the killing it took over the past two its looking very attractive;
Sanrith Descartes
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Look at the brightside, with the tax bill you have this year on the AMD killing you made, that extra 100k would have all went to fund the $3.5t infrastructure bill
I think WYNN is a good play but it can still be choppy with Macao and it might take a while to get its legs back. I can easily see 40-50% return from this level in 12 months.
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