Sanrith Descartes
Veteran of a thousand threadban wars
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Investing General Discussion
- Thread starter Furious
- Start date
Loser Araysar
Chief Russia Correspondent / Stock Pals CEO
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Mist
Eeyore Enthusiast
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Gravel
Mr. Poopybutthole
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Damn, thought about tossing some in when I saw last night it was around $15. Figured I didn't wanna gamble on another short squeeze though.
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karma
Molten Core Raider
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Lol. I picked up a few shares on my small webull account at 4.75 when it started gaining chat momentum on the offchance it moved. sold for a small profit a few days later at 5 and change. Think it was 12-13 percent profit. I wasn't unhappy, but.. would have been more happy if I wasn't paper hands mcgee
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Sanrith Descartes
Veteran of a thousand threadban wars
- 41,467
- 107,518
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,467
- 107,518
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,467
- 107,518
Jysin
Ahn'Qiraj Raider
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Just lightened my positions by a fair bit. We are so very well extended in a very short period of time. Expecting a pullback of some sort in the coming days/weeks.
Look at your charts and keep an eye how far away the SPY / QQQ gets extended (either direction) from the 20D EMA. Whenever we get too far out, we typically snap back like a rubber band. The further the extension, the more voilent the move back.
Just a way to trade around positions and generate better returns on actively managed portfolios.
Look at your charts and keep an eye how far away the SPY / QQQ gets extended (either direction) from the 20D EMA. Whenever we get too far out, we typically snap back like a rubber band. The further the extension, the more voilent the move back.
Just a way to trade around positions and generate better returns on actively managed portfolios.
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Sanrith Descartes
Veteran of a thousand threadban wars
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I have been looking to trim some stuff but kept missing the sell prices as I saw this run going a little too far too fast without any real externalities being addressed. AMZN was the first I finally got to hit. I have been looking to trim by half my TSLA at $955. Also might be trimming V in the near future.
Sanrith Descartes
Veteran of a thousand threadban wars
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First time in a while I am starting to see price target increases instead of decreases.
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Jysin
Ahn'Qiraj Raider
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Jysin
Ahn'Qiraj Raider
- 6,273
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Nice homerun trade. 60%+Up 10% on those puts already.
**edit** ~20%
**edit** 30%
**edit** 40%
Really only need one of these a month.
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Sanrith Descartes
Veteran of a thousand threadban wars
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While not as chunky as yours, AMZN did exactly what I expected it to do. Profits banked and will begin looking for a landing area to buy back in.
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Sanrith Descartes
Veteran of a thousand threadban wars
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Jysin
Ahn'Qiraj Raider
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14:00 *(US) FOMC JULY MEETING MINUTES: OFFICIALS SAW ONGOING RATE HIKES AS APPROPRIATE; SAW RISK IF PUBLIC QUESTIONS FED'S INFLATION RESOLVE
- Moving to restrictive stance is required
- Participants 'concurred' future rate hikes would depend on incoming information, judged that 'at some point' it would be appropriate to slow pace of increases
- Many officials saw risk Fed could tighten more than necessary
- Some officials say appropriate to maintain restrictive policy 'for some time'
- Pace of increases and extent of tightening dependent on economic outlook
- Participants agreed there was 'little evidence' inflation pressures were subsiding and that it would take considerable time for situation to be resolved
- Participants noted recent readings on inflation expectations were 'consistent' with long-run expectations anchored at 2%
- Strength of labor market suggests economic activity stronger than implied by weak Q2, raising possibility of upward GDP revision
- Moving to restrictive stance is required
- Participants 'concurred' future rate hikes would depend on incoming information, judged that 'at some point' it would be appropriate to slow pace of increases
- Many officials saw risk Fed could tighten more than necessary
- Some officials say appropriate to maintain restrictive policy 'for some time'
- Pace of increases and extent of tightening dependent on economic outlook
- Participants agreed there was 'little evidence' inflation pressures were subsiding and that it would take considerable time for situation to be resolved
- Participants noted recent readings on inflation expectations were 'consistent' with long-run expectations anchored at 2%
- Strength of labor market suggests economic activity stronger than implied by weak Q2, raising possibility of upward GDP revision
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