Investing General Discussion

sleevedraw said:

Makes me worry. AMD overpaid for ATI, and it very nearly killed them. Hopefully AMD's negotiators are proceeding more cautiously this time.

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This sounds more like a knee-jerk reaction to NVDA's purchase.

More down than up. No stimulus (again), Coronachan cases rising in Europe and parts of US as te weather cools off and now three different vaccine trials on hold because 1 person got sick in some way that may or may not be influenced by the vaccine. Unemployment numbers ticked up too. There is basically no good news so far today (except earnings which are getting overshadowed).

Indyocracy said:

Well decided to double down on my post election market bet. Spy puts with a strike of 330 for November 20th Alex!

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Cashed out today for a 27% gain. I am a coward at heart and never go in deep on my gambles heh

NFIN since the first analyst started coverage and gave it an $18 price target.

10-day chart

Unidin said:

The democrats having congress and the presidency = stimulus.

If they get the White House, but not the Senate, Republicans will all the sudden want to be fiscally responsible again.

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#Fact

Retail sales number up. I predict a last push upwards for the markets before a tank due to a combo of the election and the weather pushing up Coronachan numbers that spook people.

Cruise is a wholly owned subsidiary of GM. They have been doing the autonomous thing and almost no one knows who they are.

NKLA down 10%

NKLA is almost back to where I bought in at!

The $17.5 HYLN puts are starting to look tempting.

As I've mentioned before, I deal with money to south america a lot, so figured I'd mention that Argentina is up to its usual tricks. The official exchange rate hasn't moved much, but the unofficial one is flying out of control. 1664% yearly inflation over the past month, that's worse than Venezuela for the past month. The country is definitely on the path of becoming the start a total mess within a few years. Companies with factories in Argentina (like toyota) or industries tied to their major export (soy beans) could be affected. When the unofficial and official currencies diverge so much, it really is mostly just a disaster for anyone who wants to do legitimate business there.

Argentina is a shithole, but a nice shithole, so sad to see it happen.

I started scrapping some chips off the table. Some positions are up against resistance and have had a nice run this year. I am still real bullish but for the next few weeks I am pulling off some profits so I can drop the hammer on an election confusion correction if it happens.

I did a side-by-side comparison of QQQ vs SPY (IVV) and was truly shocked how far the IVV lagged the QQQ over the last 10 years (from the 2008 crash). I have decided to swap out the IVV and move it into the QQQ. Tech heavy and less companies, but those increased returns are staggering.