Investing General Discussion
- Thread starter Furious
- Start date
- 10,531
- 54,313
I think I'm selling MPC. I had intended to hold for longer but I'm up over 20% in such a short time frame, I'm going to exit the trade and if a opportunity to re enter presents in the high 60s I'll jump back in.
- 2
- 1
- 1
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,513
- 107,577
Just moved out of NOC again at $403. I like swing trading industrials for those pretty consistent troughs for about 15-20% gains. I will move back in when it turns back south at some point. Companies like NOC and LMT have been good to me with these 2-3 month trades.
Blazin
Creative Title
- 6,411
- 33,642
- 10,531
- 54,313
I'm out @ $74.28
EDIT: Jokes about being a
Blazin
bot aside, selling here does make sense based on the chart, and it also gives me some powder to potentially buy anything if the market keeps dipping.
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,513
- 107,577
My LCID puts are going up in price even though the stock is moving up. People are pricing in the expected share dump methinks. 5 separate blocks of 50 contracts have been bought at 2 cents when it was 1 cent yesterday and the stock is up 2% today.
- 1
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,513
- 107,577
UNH sitting at the 50-DMA. I think its a little overpriced and might keep falling a bit. The 100-DMa is $443 and that might be a better entry if it falls that far.
- 10,531
- 54,313
Can you remember to post here when you see a good reentry point so I can
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,513
- 107,577
On "average" a solid low beta industrial value stock can turn 10%+ appreciation a year with dividends reinvested. I like to flip them around 15% with an assumption of 3-4 months of hold time. This flip I was in just under $350 and out at $403 plus I bagged a $1.57 dividend. Depending on how long it takes for the downward shift I would look at the $345 - $360 ballpark depending on market conditions at the time.
- 1
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,513
- 107,577
MSFT outperforming the market on well above average volume. I think maybe Wallstreeters are reading our thread now.
- 1
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,513
- 107,577
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,513
- 107,577
JPM is tempting here but I really want it at the $150 price but thats a tough sell. I might grab at $155 and eat the 5$ a share.
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,513
- 107,577
Yeah i unload if MSFT touches the $291 mark. IT hasnt touched it since black Monday tho which is why I am nibbling here around $300 - $305
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,513
- 107,577
Jysin
Ahn'Qiraj Raider
- 6,275
- 4,027
Historically whenever this has been so far extended below the 20D, there's been quite a rebound.
Sometimes, you just gotta roll the dice.
On a serious note. LABU is putting in the biggest volume on the daily, seemingly ever. On a big green dildo candle. This could be my best timed trade ever.
- 1
Jysin
Ahn'Qiraj Raider
- 6,275
- 4,027
Equally, being Fri going into a 3 day weekend and the last 2 days of weakness, I expected risk-off sentiment. SPY daily candle actually looks fairly healthy here, nearly testing the macro ascending trend again for the bounce. Next week could be continuation, unless some Ukraine nonsense kicks off.
- 1