Investing General Discussion

Sanrith Descartes

Sanrith Descartes

Von Clippowicz
<Aristocrat╭ರ_•́>
41,591
107,705
Lightning Lord Rule said:
There has been lots of signals and hints about more lockdowns coming in September, so I think the question is: Does the market go up or down should that materialize? Is there really that much more to take out of main street that wasn't taken out last year? Does that mean more QE/stimulus is on the table? That would definitely send things up again IMO. Failing that, I think the aforementioned shorting of airlines and cruiselines and travel related industries like casinos are a good play. I wonder how much pain all of those guys can take before some of them start to go under? Unlike banks I don't think any of those players other than maybe Boeing or maybe Lockheed is in the 'too big to fail' category...
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So many unknowns. The Israel and UK data is beginning to look like cases have peaked. Estimates are we peak in 2-3 weeks. If they do try lockdowns, they will time it so they can try to claim the lockdowns caused the peak and downturn. Either way, I don't see lockdowns if they stick being a long term thing like 2020. So that needs to be factored on.
 
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Haus

Haus

<Silver Donator>
11,314
42,824
Borzak said:
Any ideas on where I can put 6 figures of cash I'm getting on a house sale. I'll do something more permanent in the next 6+ months but for now I need to keep it liquid enough I can get to it within a month. Money market? In the past any large amounts of money I brought in work wise went back into the business or other things I already had planned out.
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If you were dabbling in crypto I would say look into a stablecoin like DAI, then head to polycat.finance , and drop it in an AAVE vault. I'm making 10%+ on my DAI over there right now.
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Borzak said:
Yup, inherited from my grandmother that died at 100. Till the day she died she never let you forget about the time she got 18% in CD's in the early 80's.
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I too remember getting stupid rates on CDs in the 80's. I was in high school at the time.

Gravel said:
I'm still predicting a correction in September or October. But at this point that only brings us down to where we were around the beginning of April.
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Yeah, my Haus-sense has been tingling which usually means I need a soothing ointment , or there's going to be a market correction. I'm thinking a 25% pullback between now and Dec 1.
 
Shonuff

Shonuff

Mr. Poopybutthole
5,538
790
Gravel said:
I'm still predicting a correction in September or October. But at this point that only brings us down to where we were around the beginning of April.
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Could be August if CPI numbers are too strong. Remember last month, market sold off for four days on a hot CPI number. Jeremy Siegel from Wharton says August is where the market should start to see inflation.
 
Borzak

Borzak

Bronze Baron of the Realm
24,815
32,294
Oil is down, precious metals down. All must be because the dollar is so strong lol.
 
Sanrith Descartes

Sanrith Descartes

Von Clippowicz
<Aristocrat╭ರ_•́>
41,591
107,705
Put a limit order in for WYNN at $92.50 which I think is too deep for a one day drop but perhaps it catches it on a gap down. $90 is my ideal price and it may grab there later this week on Coronachan fear porn. If $92.50 hits today I wont be unhappy though.

edit: On second thought $92.50 might actually hit today after all.
 
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Wingz

Wingz

Being Poor Sucks.
12,546
38,761
Draftkings to but GNOG.

www.marketwatch.com

DraftKings to acquire Golden Nugget Online Gaming in all-stock deal valued at $1.56 billion

DraftKings Inc. undefined said Monday it has entered an agreement to acquire Golden Nugget Online Gaming Inc. undefined in an all-stock deal valued at about...
www.marketwatch.com www.marketwatch.com

Under the terms of the deal, Golden Nugget shareholders will receive 0.365 DraftKings share per each share owned. The deal is expected to close in the first quarter of 2022.
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Guess i'll continue to hold my 1200 shares for a bit.
 
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Sanrith Descartes

Sanrith Descartes

Von Clippowicz
<Aristocrat╭ರ_•́>
41,591
107,705
Sanrith Descartes said:
PLTR doing PLTR things today. -3% on no news. Part of me wants to bank all the profit I have on this and another part of me knows the minute I sell it will become the new GOOG and shoot to $1000.
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And... +4% today.

+6%
Da Fuk?

Earnings before the bell Thursday.

Ryan Reynolds Reaction GIF
 
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Fogel

Fogel

Mr. Poopybutthole
12,303
47,034
Doing more swing trading on CWSFF. Bought for .90 a few weeks ago, sold at 1.10 last week, will be buying more around and under 1.0
 
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Shonuff

Shonuff

Mr. Poopybutthole
5,538
790
$738 profit for the day, and I'm done. All trading AMD. Signals are starting to get choppy, so its best to sell and lock in profits. Made 328 in a few seconds, got blasted on a few trades, but pulled it together.

Not bad for about an hour in the markets.
AMD 8-9.JPG
 
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