OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[lazyj10]

Entered some $14 Sept 18 calls for Caesars yesterday. Promptly closed them this AM at about 6:45 pacific for a nice 36% return. Not a ton $ wise since it was a pure spec play but nice to ride the gamblers wave.

Closed Uber position with a mediocre 6% return, but glad to be out and free up the capital for other ideas.

 

[Los Angeles]

$MARK IR technology bout to be everywhere

 

[shibadekobe]

Can't wait for Macau to Open $WYNN

 

[GJ93]

China orders state owned companies to stop buying US agricultural products and the market doesn't even blink an eye. Get ready for SPY 315 EOW. Hoping we get somehow get a little presser dip to scoop some more calls.

319* lol

I wish I held calls through this fake *** jobs report they put out, shoulda knew they would rig it again after doing the same thing to the April one. How do you make the same "mistake" twice?

DIX down a good amount today, sub 45 is usually pretty bearish, think we get a healthy pullback next week before breaking out of our current trading range. Stocks only go up.

 

[GJ93]

$DGLY better

*I was promised on StockTwit

Agree, I stay away from meme stocks

https://pbs.twimg.com/media/EZwnCPcWkAITWnm?format=jpg&name=900x900

DGLY went to $30 back in 2014 when Ferguson protest riots were going on. Lot of room to pop again.

 

[noskey]

PINS (thank you again johnnyredstorm ) and STWD both up close to 25% after this week. Crazy this wave.

 

[johnnyredstorm]

Glad y’all made some money today.

added work back last night after hours at 31.85 and 32.40. Starter position only 10 shares. Gonna just dca over time. Would like to see 24 but that amazon partnership will probably keep it above 30.

added very small into roku and fsly today.

lots of rotation into value and beaten down names. Retail, casinos, airlines,sheesh. Careful chasing those sectors but probably some money still to be made.

 

[GreenNGold89]

LK

 

[truss]

If DGLY popped to $30 during Ferguson riots wouldn’t DGLY have already popped? Look they’ll get a lot of contracts from municipalities but that’s gonna take 6 months to a year

 

[johnnyredstorm]

If DGLY popped to $30 during Ferguson riots wouldn’t DGLY have already popped? Look they’ll get a lot of contracts from municipalities but that’s gonna take 6 months to a year

Your bet on DGLY would be the morons on Robinhood getting roped into a pump and dump. The fundamental story behind it is strictly one that gets sold in a newsletter. Having said that, the risk-reward could be favorable for another GNUS like trade. I'm not touching it because I'm already leveraged with the assets I own and I rather continue building them up, but I could see the argument for speculating here. Tight stop, have a plan if you want to trade DGLY. Don't think it has to go back to 30 because it happened last time. No cops had body cameras then, things were a little different. But this could be a trading vehicle if a buyer steps in to take advantage of greed and stupidity.

 

[GJ93]

Your bet on DGLY would be the morons on Robinhood getting roped into a pump and dump. The fundamental story behind it is strictly one that gets sold in a newsletter. Having said that, the risk-reward could be favorable for another GNUS like trade. I'm not touching it because I'm already leveraged with the assets I own and I rather continue building them up, but I could see the argument for speculating here. Tight stop, have a plan if you want to trade DGLY. Don't think it has to go back to 30 because it happened last time. No cops had body cameras then, things were a little different. But this could be a trading vehicle if a buyer steps in to take advantage of greed and stupidity.

Yea I agree, I threw the 30$ out but I don't think it has room to run that much again. It's still kinda a meme stock but I think it keeps pumping esp through the weekend when DC planning the biggest protest yet. Only half the police stations in the US have any kind of recording tech at all, I think riots could push some big state legislation to force implementation.

I'm holding a few 6/19 5C's but nothing crazy. I mostly stick to SPY & large caps

 

[アミーゴ]

100k on TSLA lets ride

 

[johnnyredstorm]

100k on TSLA lets ride

You ain’t about that phantom order life and riding NKLA to the moon

 

[アミーゴ]

You ain’t about that phantom order life and riding NKLA to the moon

If you ain’t BUYING you will miss out





*runs to order more puts*

 

[xbiker47]

We really shooting to the moon now?

 

[andycrazn]

bro i watched this over like 5x already.

 

[アミーゴ]

Please keep Barstool out of this thread

 

[southernhospita]

What I was going to post yesterday :

ain’t no way in hell im going to accomplish what I want using Robinhood
Like at all
I’m transferring some funds to ameritrade and using that and Webull

Today :
To put into perspective how good SPY did today
I bought some 312 calls that expired today for .92
If sold at the high it was worth 875.

Calls on ZM came through in the clutch bounced from 196 to close at 207

i wanted to exclusively trade SPY but after seeing today it seems more difficult to only have that on the watchlist I didn’t think it would continue going higher from 318 but it wasn’t a short opportunity insight imo
But I did slim my watchlist down though
If I don’t see any opportunity with those than **** it
I like trading the SPY reversals

 

[southernhospita]

Oh and Apple has a new ATH

 

[HNL HI]

 

[bballkid11]

What’s up ppl! Total newbie here in this thread, but without giving you all the long story, over quarantine I’ve wanted to research how to do this really bad, had my second son n it just hit me. BUT, I’m like starting from 0 lol, now knowledge of how to at all. I know you all are experts and If I came anywhere to ask this was gonna be it (online has so much bs for beginners I wouldn’t dare)!

asking my NT ppls could anyone help me start with some good reads or advice on where to begin to learn? If you needto PM me feel free I don’t wanna clog the thread. Just trying to change some of my ways and stop buying bs when I could be doing smarter things.

i have beginners money also LOL nothing huge

Edit: anything other than the first page? I just saw that I’m on itttt just wasn’t sure if those were old references or not on that page from 2014.

 

[coolcool]

100k on TSLA lets ride

glad you’re back to the bull side

#2 hero next to kap

 

[johnnyredstorm]

What’s up ppl! Total newbie here in this thread, but without giving you all the long story, over quarantine I’ve wanted to research how to do this really bad, had my second son n it just hit me. BUT, I’m like starting from 0 lol, now knowledge of how to at all. I know you all are experts and If I came anywhere to ask this was gonna be it (online has so much bs for beginners I wouldn’t dare)!

asking my NT ppls could anyone help me start with some good reads or advice on where to begin to learn? If you needto PM me feel free I don’t wanna clog the thread. Just trying to change some of my ways and stop buying bs when I could be doing smarter things.

i have beginners money also LOL nothing huge

Edit: anything other than the first page? I just saw that I’m on itttt just wasn’t sure if those were old references or not on that page from 2014.

Buy William oneills book how to make money in stocks or whatever the title is. If you aren’t comfortable with the potential of losing money, just buy three mutual funds: large cap growth, smid cap growth, dividend equity. Look for a 4 or 5 star Morningstar rating and a performance record of at least 10% a year and in the down years which do happen you want to see small losses. You don’t want a 50% up year and a 40% down year. Too much volatility.

if you’re comfortable trading individual stocks do as much research as possible. Don’t buy cheap stocks because they are cheap. A $6 stock is that price for a reason. Buy good companies with strong earnings and/or high revenue growth. Balance your portfolio with a couple of blue chips, a couple of mid caps, a couple of small caps (high revenue growth for the smid caps) and a couple of dividend plays that have plenty of cash on hand and won’t need to cut their dividend and can actually grow it.

stay off of Robinhood. Don’t buy what those idiots buy unless it’s a quick trade which I don’t recommend for your experience level. Don’t buy and hold, you want to be buying and holding, dollar cost average into your positions every month or week whatever you can afford and consistently add into them. This will cut down on volatility risk and allow you to compound your gains over time. Only own what you are comfortable buying for 1-10 years. Don’t sell a stock unless the fundamentals change if you don’t need the money.

don’t follow random people into trades. See what they’re doing, research it, understand why they’re buying and if it makes sense for you, then go ahead and buy.

 

[nflowshoe]

great advice!

 

[shibadekobe]

What’s up ppl! Total newbie here in this thread, but without giving you all the long story, over quarantine I’ve wanted to research how to do this really bad, had my second son n it just hit me. BUT, I’m like starting from 0 lol, now knowledge of how to at all. I know you all are experts and If I came anywhere to ask this was gonna be it (online has so much bs for beginners I wouldn’t dare)!

asking my NT ppls could anyone help me start with some good reads or advice on where to begin to learn? If you needto PM me feel free I don’t wanna clog the thread. Just trying to change some of my ways and stop buying bs when I could be doing smarter things.

i have beginners money also LOL nothing huge

Edit: anything other than the first page? I just saw that I’m on itttt just wasn’t sure if those were old references or not on that page from 2014.

Just follow johnnyredstorm as he is the Warren B/ C Munger of NT Finance...
& アミーゴ as he is the AXE Cap of NT Finance