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Sanrith Descartes

Sanrith Descartes

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ShakyJake said:
wonder how to play this. Was thinking of buying some January DIA, SPY, and QQQ call options. This seems like an overreaction.
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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

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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

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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.
 
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Borzak

Borzak

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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.
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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

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Blazin said:
I have bought back my MRK shares at $78 this morning
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Curious, why do you like MRK over AMGN?

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Blazin

Blazin

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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

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Sanrith Descartes said:
Curious, why do you like MRK over AMGN?

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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
 
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