Investing General Discussion

Jysin said:

Which I also pointed out to Shonuff nearly a month ago. My bailing on travel plays in early Nov wasnt based on Omicron hard facts. It was knowing full well how the media and emotional investors would react to it. Here we are nearly 20%+ wiped off of some of those names since.

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These short term shocks make for great in and out options plays tho. If you pick the right direction of course

Mist said:

I would say that the biggest risk of Omicron is that the symptoms appear mild at first but it attacks the immune system long term because of some mutation it picked up from an AIDS patient in Africa.

That is an insane outside risk but technically a thing that could happen.

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My thought is that if it turns out to mutate into something like Ebola/HIV mix then my stock portfolio is the least of my concerns

Pour one out for the tesla, amd and nvidia boys.

Nasdaq getting butt fucked besides Apple.

AMGN moving bigly on GS initiating coverage with a Buy rating and $258 price target. +4%

Remember when ABBV was left for dead on the side of the road a few months ago?

DOCU +4%

Jysin said:

MTTR filled $23.01

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If my $20 strike puts fill then I am in around $18.50 a share so im good either way.

ABBV - New high
ABT - New High
UNH, CI, MDT, AMGN all running hot.

Blazin and I have touched on this many times. If you aren't seriously invested in the healthcare sector you are probably missing out long term. It is my second largest sector investment. I am not meaning the small micro crapshoot biotechs. I mean the big beastie healthcare companies. They aren't s3xy or snazzy, but they print money and as the globes population gets older and bigger, they just keep printing Benjamins.

A good long-term investment portfolio needs balanced beyond 5 different flavors of tech.

Circling back on NVDA, I think you have an entry area between the 50 DMA at $261.80 and some support around $270. IF it fails there then the 100 DMA at $235.30.
It hasn't broken down below the 100 DMA in 6 months. I will re-open a position somewhere in this 50 DMA area.

Jysin said:

Bookmap showing a ton of liquidity sitting on $280.

View attachment 386367

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Depending on how you estimate the charting, that trendline could have easily been right around $280 so I can agree with this. I still like the 50 DMA as an entry point if it falls this week.

Fogel said:

I sold my LCID puts on Friday as it was trending upwards end of day, missed out on another 100% this morning

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My MTTR puts commiserate.

Holy crap, even PYPL is green today.