Stock Market/Investing/Day Trading/Speculative Trading Thread

[Faux Sean Callahan]

If you think that's funny, you should look at ARKK over the past two years...

When you can describe your hyper growth fund as a "deep value" fund things aren't going well.

 

[God is a Husker]

When you can describe your football team as a "deep value" things aren't going well.

 

[Faux Sean Callahan]

Haha no porn hub for you Russians

 

[jw3]

my dad does wheat but it never fucking rains so...

 

[KidsSeeGhosts]

Been surprising to me how much Russia-Ukraine has had a business impact. Didn't think about it when it first broke out, but I know a bunch of SaaS companies have had to exit Russia relationships as a result of the sanctions.

 

[Faux Sean Callahan]

Keep rolling up on $XOM calls.

Between that and TSCO not much green..

Eyeing some F and AMD calls

 

[BluesBucksNHuskers]

Keep rolling up on $XOM calls.

Between that and TSCO not much green..

Eyeing some F and AMD calls

I went hard on XOM, BP and COP on the last week of Feb. What indicators are you keeping an eye out for to tell you to take your money and run?

I’m usually a “buy it and forget about it” guy, but when I see I’m up about 20 large in this volatile of a market I’m sweating the shit out of it.

 

[Toe]

Somebody must've went hard on DGP (2x gold ETN) today - it shot up 18%, when gold was only up a tenth of that. Average daily volume is around 11k, but today it was about 427k. Sold some of mine just before new year, kicking myself for that right about now, lol.

Shot up even more this morning. DGP and UGL are both 2x gold, normally they follow about the same trend.

 

[Faux Sean Callahan]

I went hard on XOM, BP and COP on the last week of Feb. What indicators are you keeping an eye out for to tell you to take your money and run?

I’m usually a “buy it and forget about it” guy, but when I see I’m up about 20 large in this volatile of a market I’m sweating the shit out of it.

Basically for as long as the narrative remains the same I am rolling those calls. Trying to sell the spike and reinvest on the dips.

So last week I bought...
80c's for .6 sold them for 1.4
Waited bought 81c's for .54 sold for 1.3
Bought 82c's for .45 sold for .85 (this was Friday) got out of this too early IIRC, but on Friday's I am usually quicker to sell these.

I didn't love the price of the calls this morning, but I am in the 90c right now for a smaller cost basis given the OI was there and 87.5c.

I am basically using levels to justify my buys with. News is with the trade right now too.

I looked at Oil was up this morning an XOM was down. So bought it there.

 

[BluesBucksNHuskers]

Basically for as long as the narrative remains the same I am rolling those calls. Trying to sell the spike and reinvest on the dips.

So last week I bought...
80c's for .6 sold them for 1.4
Waited bought 81c's for .54 sold for 1.3
Bought 82c's for .45 sold for .85 (this was Friday) got out of this too early IIRC, but on Friday's I am usually quicker to sell these.

I didn't love the price of the calls this morning, but I am in the 90c right now for a smaller cost basis given the OI was there and 87.5c.

I am basically using levels to justify my buys with. News is with the trade right now too.

I looked at Oil was up this morning an XOM was down. So bought it there.

View attachment 8018

Beautiful, on 2/24 I moved about 80% of my “I’m a wannabe day trader portfolio to energy (oil), mining and crypto.

HLX which I’ve held a few thousand shares of ever since my idiot friend said it’s a “can’t miss” at the start of COVID is even doing alright for me.

Crypto continues to burn me every fvcking time - I just need to stay the hell out.

EQX has been killing it for me too thankfully.

 

[Faux Sean Callahan]

Crypto continues to burn me every fvcking time - I just need to stay the hell out.

Yeah I own Ethereum because @LoudHogRider told me it was can't miss.... 🤣

Thankfully I DCA down this run. It is a long term holding of mine so not shitting my pants yet.

 

[Faux Sean Callahan]

@God is a Husker

 

[BingoDingo]

USO just tickling my balls every damn day...love it.

 

[Faux Sean Callahan]

USO just tickling my balls every damn day...love it.

Xom calls have been great. 150% gain today when I bought the dip today.

 

[BingoDingo]

Xom calls have been great. 150% gain today when I bought the dip today.

Nice. I'm a coward so I'll take my 30% gain with a smile.

 

[God is a Husker]

@God is a Husker

I just found out the stupidest guy from my law school class got elected to be a Missouri state legislature. (I think in 2020 but I don’t keep up with alumni shit)

This idiot failed 3 classes (Contracts, Crim, Property) and had to take extra classes to get his GPA over the minimum level to be awarded a diploma. (He never even attempted to take the bar)



Anyways, the point of this story is that politicians are idiots… so Cathie Wood will probably soon run for office.

 

[Faux Sean Callahan]

Nice. I'm a coward so I'll take my 30% gain with a smile.

Yeah I use a small portion of my account and do some option trading. Otherwise I primarily hold common stock and leveraged etfs.

 

[Toe]

Grabbed a bit of SOXL and WEBL a week ago. Both are down about 15% today alone. 🤦‍♂️

 

[Faux Sean Callahan]

Grabbed a bit of SOXL and WEBL a week ago. Both are down about 15% today alone. 🤦‍♂️

I bought some AMD calls before the close.

AMD down in after hours. So fuck me

 

[God is a Husker]