Stock Market/Investing/Day Trading/Speculative Trading Thread

[Faux Sean Callahan]

Anyone getting nervous with Yields? Sort of not cool...

Ripping up



I am also not a technical analysis wizard, but it seems like we are at a critical level

 

[Toe]

Not great Bob

Correction: no one can afford to buy a house at those rates with home prices as over-inflated as they are. Our parents and grandparents had no problem with that - the prices of the houses themselves were low enough that they could afford the high rates and a 20% down payment much more easily.

 

[herbsinator]

Correction: no one can afford to buy a house at those rates with home prices as over-inflated as they are. Our parents and grandparents had no problem with that - the prices of the houses themselves were low enough that they could afford the high rates and a 20% down payment much more easily.

Now those same boomers can’t afford for the housing market to lose value because they’re all relying on that to retire.

 

[BingoDingo]

New home buyers are just absolutely screwed.

 

[skersker]

New home buyers are just absolutely screwed.

whole market is so fucked. we just had our 3rd girl a week ago.... we really need to move... but financially i cannot stomach going from a 3% rate to a 7+% rate when prices havent even dropped. ton of people out there like me too.

 

[skersker]

Correction: no one can afford to buy a house at those rates with home prices as over-inflated as they are. Our parents and grandparents had no problem with that - the prices of the houses themselves were low enough that they could afford the high rates and a 20% down payment much more easily.

boomers absolutely REFUSE to acknowledge this as well.

 

[Faux Sean Callahan]

New home buyers are just absolutely screwed.

For as long as inventory stays low you wont have to worry about price coming down... New home buyers are fucked for the foreseeable future though.

 

[Jim14510]

New home buyers are just absolutely screwed.

Down from a housing crash isn't all that concerning. Don't know how concerning down 75% is.

 

[Faux Sean Callahan]

Just bought some puts on NVDA to hedge earnings. Thinking of swapping into Nasdaq puts too as they seem to be a better value.

Hopefully what happens last time happens again (stock ripped).

Looking at estimates
Consensus EPS 2.09 Rev 11.2B

For context Q2 2022
EPS .51 Rev 6.7

Yes the picture has changed and they are the cornerstone of AI revolution, but man they need to absolutely crush it to hit those numbers.

 

[Toe]

For as long as inventory stays low you wont have to worry about price coming down... New home buyers are fucked for the foreseeable future though.

Gen Z is probably gonna be even more fucked than Millennials on home ownership, save for the handful who managed to buy when rates were low.

 

[LoudHogRider]

Gen Z is probably gonna be even more fucked than Millennials on home ownership, save for the handful who managed to buy when rates were low.

We're just giving our two kids pistols and instructing them to start back-to-back, march 10 paces, turn and fire to see who gets our house when we die.

 

[dsbigred1]

We're just giving our two kids pistols and instructing them to start back-to-back, march 10 paces, turn and fire to see who gets our house when we die.

Finally something in this financial world I can make sense of..

 

[Faux Sean Callahan]

Just bought some puts on NVDA to hedge earnings. Thinking of swapping into Nasdaq puts too as they seem to be a better value.

Hopefully what happens last time happens again (stock ripped).

Looking at estimates
Consensus EPS 2.09 Rev 11.2B

For context Q2 2022
EPS .51 Rev 6.7

Yes the picture has changed and they are the cornerstone of AI revolution, but man they need to absolutely crush it to hit those numbers.

As expected....


Apparently I need to buy puts ahead of earnings more often

 

[LoudHogRider]

As expected....

View attachment 26500
Apparently I need to buy puts ahead of earnings more often

Imma call you Jim Cramer from now on ...

 

[Faux Sean Callahan]

Imma call you Jim Cramer from now on ...

Actually $NVDA is my #1 holding. So I took a small portion of the position and hedge the position. Long story short, I am glad it went up, but didn't want to be caught with my pants around my ankles if the bottom fell out.

 

[Frogsker30]

not a huge stock guy. but I do have an IRA. Currently have VHYAX, Vanguard High Dividend Yield Index Fund Admiral and FAFFX

Fidelity Advisor Freedom® 2040 Fund Class A.

would love any advice to help boost my ira. I started about a year ago and currently have 1000 in unrealized gain. or about 10%

 

[Jim14510]

Not sure if this has been brought up but GWH is a long shot renewable energy company. They're basically working on making cheap alternatives to lithium like saltwater, iron, etc. Pretty interesting company.

 

[BingoDingo]

So this is basically matching Mester's recent comments.



Given the upward projections in growth (GDP now probably doesn't have enough data to be all that accurate now), seems like it's probably more likely:

Feel like another hike is gonna tip a lot of shit over...seems like maybe a big warning side on the market again? Idk...maybe consumption finally drops out?

 

[KidsSeeGhosts]

It seems like a small miracle that we've avoided recession to date, so of course the Fed would raise rates when we're looking at acceleration.

 

[Faux Sean Callahan]

Had a buddy text me the ETF TSLY.

YieldMax TSLA Option Income Strategy ETF. Current yield 69.97%. Only been around since 11/22/22 so it is new.

Basically is invested in Treasuries and Tesla options.