Stock Market/Investing/Day Trading/Speculative Trading Thread

[Red Finger]

It's pretty much like any other commodity/commodity-linked industry - real easy to get burned. I've thought about adding some energy to my port, but I think I'd stick to a broad basket, like a mix of oil and natural gas plus some clean energy stuff.

If i did it, which I probably won't, it'd be a short term hold. Might even day trade it. I day trade commodities occasionally, grains mostly. The potential volatility is appealing, but the fundamentals are what I'm wondering about. A chart can tell you plenty, but at the end of the day a spec trade's a spec trade. I thought the Iran news would give more clarity, but imo it hasn't yet. Puts and calls would be a way to mitigate some risk. The board basket makes plenty of sense if your holding for awhile.

 

[BingoDingo]

If i did it, which I probably won't, it'd be a short term hold. Might even day trade it. I day trade commodities occasionally, grains mostly. The potential volatility is appealing, but the fundamentals are what I'm wondering about. A chart can tell you plenty, but at the end of the day a spec trade's a spec trade. I thought the Iran news would give more clarity, but imo it hasn't yet. Puts and calls would be a way to mitigate some risk. The board basket makes plenty of sense if your holding for awhile.

Idk, the way the market has reacted to OPEC prod level announcements and previous recent conflict driven news, I don't know if it's much of an upside trade. Unless we get some absolute volatility and we get to 70 or 110, idk if you're getting much ..

 

[Faux Sean Callahan]

What’s your guys thoughts on LULU?

seems like a mix bag from analyst, but fundamentally it is a strong company. Also it is the best value it has been in the last 5 years

 

[2010sarenevercomingback]

What’s your guys thoughts on LULU?

seems like a mix bag from analyst, but fundamentally it is a strong company. Also it is the best value it has been in the last 5 years

View attachment 36117

View attachment 36118

I'd wait to buy until closer to the fall, when Dean is likely to place a new glove order.

 

[Toe]

Never ask a woman her age, a man his salary, or Lululemon how they got their name.

 

[Toe]

Investors increasingly expect 'no landing' for US economy

Thirty-six percent of respondents to Bank of America's Global Fund Manager's Survey said they believe the most likely outcome for the global economy is a "no landing," up from 23% a month ago.

finance.yahoo.com

 

[BingoDingo]

Investors increasingly expect 'no landing' for US economy

Thirty-six percent of respondents to Bank of America's Global Fund Manager's Survey said they believe the most likely outcome for the global economy is a "no landing," up from 23% a month ago.

finance.yahoo.com

"Recessions don't hit the US economy without a catalyst of some sort, and we just don't see what is going to stop consumer spending," Jefferies US economist Tom Simons wrote in a note on April 12."

The American Consumer is simply unwilling to accept defeat. Truly inspirational.

 

[Faux Sean Callahan]

 

[Faux Sean Callahan]

Can honestly say…. I’ve never had one

 

[iruletheskool]

Insane to me that people buy pre packaged pbnj

 

[slattimer]

Insane to me that people buy pre packaged pbnj

They are smart and got into schools....Plus the ones with nutella in them...tits.

 

[Faux Sean Callahan]

Not great if you believe lumber is a leading indicator

 

[BingoDingo]

Not great if you believe lumber is a leading indicator

I mean, lumber hits limits pretty regularly and volume has been moving at each leg lower recently. Low inventories + high demand means this is probably exactly what we want to see. Still about $130 above pre-pandemic levels and ~$70 above 1Y low. Also, have higher rates actually led to a meaningful drop in housing demand? Median days on market is still like 20% lower than pre-hike, so idk...I think it's more supply constriction and elasticities in play, right? So lower build costs is good?

 

[BingoDingo]

Oh hell no....

 

[LoudHogRider]

Oh hell no....

You can say "rise in retail investors" until you're blue in the face, but the best circumstantial evidence indicates that of the 32.5 billion trades made last week, 80% were completed by computers whose decision criteria was to buy or sell on one exchange and do the opposite at a different exchange. Another couple of billion trades were made by computers programed to trade based upon some trip wire word from the news feeds. There is a good chance they those shares were sold the same day. The big three discount brokers hold 85% of Main Street's assets. They executed 125 million trades for the week. That’s .0033 percent of the total volume.

Retail investors? Puhhhlease. We don't move the needle. At all.

 

[BingoDingo]

You can say "rise in retail investors" until you're blue in the face, but the best circumstantial evidence indicates that of the 32.5 billion trades made last week, 80% were completed by computers whose decision criteria was to buy or sell on one exchange and do the opposite at a different exchange. Another couple of billion trades were made by computers programed to trade based upon some trip wire word from the news feeds. There is a good chance they those shares were sold the same day. The big three discount brokers hold 85% of Main Street's assets. They executed 125 million trades for the week. That’s .0033 percent of the total volume.

Retail investors? Puhhhlease. We don't move the needle. At all.

Lol, especially funny when you see "Steve Cohen-backed proposal"

 

[Faux Sean Callahan]

Oh hell no....

 

[LoudHogRider]

Only if you want the algorithms feeding off each other trading us all down to zero with a piece of negative news. There's a reason for the markets to be closed "overnight" as it allows investors a chance to pause, reset, "cool off", and adjust their outlook after a good night's sleep. Given the fact that most of these algorithms are now either primarily controlled or 100% operated by AI, they have the potential to devastate the global economy and make all of us paupers in the blink of an eye. If that's not terrifying, I don't know what is.*



* besides another year with Jeff Sims as QB1

 

[Toe]

Also, have higher rates actually led to a meaningful drop in housing demand? Median days on market is still like 20% lower than pre-hike, so idk...I think it's more supply constriction and elasticities in play, right?

We're still building housing at about the rate we were in the 1960s, despite having double the population today and having about a fifteen year void in construction to fill. Demand would be plenty, if supply ever reached any sort of sanity...

 

[BingoDingo]

This is a pretty fun read...

Inside TSMC’s struggle to build a chip factory in the U.S. suburbs

Missed deadlines and tension among Taiwanese and American coworkers are plaguing the chip giant’s Phoenix expansion.

restofworld.org