Sanrith Descartes
Von Clippowicz
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It must suck to be one of the twenty-five or so companies in the entire S&P 500 to not be green today.
Investing General Discussion
- Thread starter Furious
- Start date
- 2,717
- 2,997
My XOM has already made me 40 percent.
Crazy the gains that are happening today. My individual YOLO account is almost back to where it was pre-crash, and thats after liquidating it after my IVV took a 20 percent hit. (liquidated the IVV to throw the dice on some individual stocks).
My 401k which I have left alone is fast catching back up too. Hope it just lasts and we enter another 10 year bull...
Blazin
Creative Title
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Next stop SPY 300, 200 day moving avg. This is a super frustrating market but I hope there is some reading that learn from it why I wouldn't abandon longs despite my feeling that the a move this far was unwarranted. If I just followed my feelings rather than the price action, I'd be worse off. I will be watching very closely at numerous indicators as near this long term average. We get up on top of the 200 day for an extended period then this was not a bear market but an extreme correction or we have just witnessed a massive bear market rally that stalls out. Either way it's record setting and has really stretched historical standards.
If you have too much cash don't panic, we have 7 months left in this year the market will have weak periods. You don't need to buy the top of a 30% rally in a month.
If you have too much cash don't panic, we have 7 months left in this year the market will have weak periods. You don't need to buy the top of a 30% rally in a month.
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Blazin
Creative Title
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This is why I was hoping for more pain a proper flush out and double bottom that could be built on. Traditionally this type of rally is not the thing decade long bull markets are built on. The Fed actions have really muddied the water, zombie companies dying is part of a healthy refresh of clearing out malinvestment.
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Sanrith Descartes
Von Clippowicz
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- 107,627
There really isn't a whole lot to buy right now. The shit that has prices down near the lows deserves to be down there and shouldn't be touched.
Big Phoenix
Pronouns: zie/zhem/zer
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Im rustled. AMD doesnt pull guidance and says China Flu wont have any real impact in 2020 yet it drops just as much as those retards at Intel pulling guidance.
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Sanrith Descartes
Von Clippowicz
- 41,535
- 107,627
I bought some Puts on FVRR. I like the company and had been looking for an entry point and then it went parabolic. No way it keeps this price level.
Sanrith Descartes
Von Clippowicz
- 41,535
- 107,627
Sanrith Descartes
Von Clippowicz
- 41,535
- 107,627
Sanrith Descartes
Von Clippowicz
- 41,535
- 107,627
Something really odd. XOM call options for May 15. $70 strike. 142 contracts were purchased. Thats 14,200 shares. At a strike of $70. Thats a 49% increase in 16 days. WTF? Only 27 contracts were sold at the lower strike of $65.
Big Phoenix
Pronouns: zie/zhem/zer
- 44,794
- 93,651
Very jimmy rustling. Very nice day all around and AMD kicked in the balls over nothing.
Blazin
Creative Title
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You would have to more info it could just be the person who sold those calls long ago "buying to close". For example I bought to close some puts on SPY today with a $270 strike at $0.04. If someone reads that thinking someone came along and bought those puts thinking the trader was making a bet on a large drop when in fact I was just closing a trade. (A very profitable one)
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Sanrith Descartes
Von Clippowicz
- 41,535
- 107,627
Sanrith Descartes
Von Clippowicz
- 41,535
- 107,627
Sanrith Descartes
Von Clippowicz
- 41,535
- 107,627
No dollar amounts, but here is my current portfolio if anyone has any questions or comments or suggestions. Sorry for the shitty phone pic.
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Sanrith Descartes
Von Clippowicz
- 41,535
- 107,627
Sanrith Descartes
Von Clippowicz
- 41,535
- 107,627