Stock Market/Investing/Day Trading/Speculative Trading Thread

[God is a Husker]

got 340 of US Steel on Monday and just picked up another 30


only current positions: 370 of US Steel and 100 of Ford

 

[BingoDingo]

got 340 of US Steel on Monday and just picked up another 30


only current positions: 370 of US Steel and 100 of Ford

I made so much fucking money on F over the past year...I kept trying to find an exit position but it just keeps going. Insane.

 

[God is a Husker]

I made so much fucking money on F over the past year...I kept trying to find an exit position but it just keeps going. Insane.

@Faux Sean Callahan

 

[Faux Sean Callahan]

@Faux Sean Callahan

Yaaa I got dumb and started buying calls. I am up like 250% over the last year without the calls.

 

[LoudHogRider]

got 340 of US Steel on Monday and just picked up another 30


only current positions: 370 of US Steel and 100 of Ford

Today was a good day for one my holdings from our "neighbors to the north": NMG (Noveau Monde Graphite, Inc.). They mine graphite, in case you didn't pick up on that. Gonna need a lot of that stuff (plus lithium) going forward.

 

[God is a Husker]

Yaaa I got dumb and started buying calls. I am up like 250% over the last year without the calls.

I have stayed away from Autos for the most part because I got BURNED on Tata Motors a few years ago.

2nd vote on Brexit caused the price to drop so I buy at 36.88

Was I a genius?

 

[Faux Sean Callahan]

I have stayed away from Autos for the most part because I got BURNED on Tata Motors a few years ago.

2nd vote on Brexit caused the price to drop so I buy at 36.88

Was I a genius?

I just took a shot on F when it was around $4.74 (iirc) a share. I have made a ton of money off of it and now practically have the stock for free

 

[slattimer]

I bought some Ford call options today. If that makes anyone feel better.

Got some SOS and Walgreens calls that are performing well that I bought this week.

 

[Faux Sean Callahan]

COIN-DKNG-IMBI-ZM-IPW-LOVE

That is an interesting basket. I need to do more research.

DKNG is one of my holdings

 

[slattimer]

My SOS $3 calls are looking nice...SOS up to 2.97 in after hours, closed at 2.71....hopefully doesn't tank pre-market, should get a nice big pop in the AM.

 

[Woodrow F Call]

I cant recall as I don't post in this thread often enough, we got any CME players in here?

 

[LoudHogRider]

I cant recall as I don't post in this thread often enough, we got any CME players in here?

Former CME shareholder here (in hindsight, I'm not real sure why I sold that stock 🤔 ). The last time I traded commodities was in the mid-80's. Made a small fortune (to me at that time) on sugar; lost it all on cotton.

 

[Toe]

The last time I traded commodities was in the mid-80's. Made a small fortune (to me at that time) on sugar; lost it all on cotton.

“It is a fact that 90% of all people who play the commodities game get burned. I submit that you have now read all you ever need to read about commodities.”
- Andrew Tobias

 

[Toe]

I've thought about adding a bit of a China-focused ETF to my portfolio for diversification, but... yeah....

This is your final warning --- Chinese stocks listed in the U.S. are dangerous to hold

A dark cloud hanging over Chinese stocks listed in the U.S. could lead to a storm that washes away investors' funds, even those who are invested passively...

www.marketwatch.com

 

[iruletheskool]

I've thought about adding a bit of a China-focused ETF to my portfolio for diversification, but... yeah....

This is your final warning --- Chinese stocks listed in the U.S. are dangerous to hold

A dark cloud hanging over Chinese stocks listed in the U.S. could lead to a storm that washes away investors' funds, even those who are invested passively...

www.marketwatch.com

Stay away.

$LK was a good example of the norm

 

[Toe]

@iruletheskool Yeah, I mean there's clearly a lot of money to be made there, but there's clearly a whole lot of money to be lost there. They ain't playing by the same rules as everyone else, both the companies and the government. Good luck navigating all the bullshit.

 

[Faux Sean Callahan]

Stay away.

$LK was a good example of the norm

Don't trust the fucking Chinese with your money. Yes there is big money to be made but you are playing Russian roulette.

I only hold a handful of foreign holdings. They're all in the Americas too.

Not a fan of international because you are essentially adding risk without adding appropriate return.

 

[Toe]

@Faux Sean Callahan Yeah, from what I've seen most foreign stuff doesn't really have the returns to be worthwhile. Mostly just looking for a bit of diversification/non-correlation benefit. Thinking stuff like TSMC and Samsung, maybe a South Korean or Japanese-focused ETF or something.

 

[Toe]

Continuing the news from China...

A selloff in Chinese private education companies sent shockwaves through the equity market Monday, as investors scrambled to price in the growing risks from an intensifying crackdown by Beijing on some of the nation’s industries.

Stocks slumped on the mainland and in Hong Kong, with the benchmark CSI 300 Index dropping 3.2% and the Hang Seng Index tumbling 4.1%, the most since May last year. Steep losses in education stocks in the wake of a sweeping overhaul spilled over into other areas, with technology, health-care and property-related stocks falling.

“I see panic selling in the market now as investors are pricing in a possibility that Beijing will tighten regulation on all sectors that have seen robust growth in recent years,” said Castor Pang, head of research at Core Pacific Yamaichi. “I don’t think investors can do any bottom fishing at this point. We don’t know where the bottom is.”

China Stocks Tumble in ‘Panic Selling’ Amid Broad Crackdown

(Bloomberg) -- A selloff in Chinese private education companies sent shockwaves through the equity market Monday, as investors scrambled to price in the growing risks from an intensifying crackdown by Beijing on some of the nation’s industries.Stocks slumped on the mainland and in Hong Kong...

finance.yahoo.com

 

[BingoDingo]

Ford folks. What you thinking post-earnings? Feeling like I'm gonna start offloading some here...but looks good.