Falstaff
Ahn'Qiraj Raider
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Investing General Discussion
- Thread starter Furious
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Kirun
Buzzfeed Editor
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Big Phoenix
Pronouns: zie/zhem/zer
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Furry
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Dollar is weakening pretty fast. Stocks are the safe haven if it keeps moving this aggressively down.
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Sanrith Descartes
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I hope so. Also wrote covered calls on my AMD shares again. I love spikes like this. Even with shitty IV there is still money to be made on +10% days.
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Captain Suave
Caesar si viveret, ad remum dareris.
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No. The basic structure of LLMs does not process logic in the way that math requires. Everyone is working on the best way to integrate external calculation modules.
Sanrith Descartes
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tugofpeace
Pronouns: zie/zhem/zer
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Look how quickly the market plummeted earlier this year. It's a safe haven if things keep going well, but the whole thing is seemingly built on a house of cards. I only put in what I can afford to lose which is why I'm not lump summing all my funds in right now.
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Haus
I am Big Balls!
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Don't Doubt Dr Su.
I will go as far as to say my company does business with AMD, and that woman is a formidable force.
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Sanrith Descartes
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Asshat Foler
Potato del Grande
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So do you hold cash then to hedge if the market crashes? Doesn’t the notion that it’s a house of cards also have strong implications for the dollar as well?
Rangoth
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LULU(lululemon) is having a bad two weeks. Earnings and reduced forecast put them on the longest(10D now) losing streak in 3-5y from what I can tell. They are creeping past their support at around 240$. It has only been down at this level 3 times in 5 years and each time has a pretty good crawl back out of it.
I don't see this brand as vanishing but I think they got chewed up with everyone else recently on tariff's and bad earnings. I am picking up about 10k in calls (1 month exp, so July 18th) that are basically ATM(240$).
Obviously they play is they are way oversold and while struggling, probably not going anywhere in the long term and right now a pretty good value. All RSI's(from 6m down to 1d minute chart) all indicate oversold.
FYI it was 10 calls, 240 strike @ 9.75$ each, if up over 10% ill set a trailing stop, otherwise I'll bail if it goes below 230$ or if it's still lingering on the resistance line(240) by next Friday
I don't see this brand as vanishing but I think they got chewed up with everyone else recently on tariff's and bad earnings. I am picking up about 10k in calls (1 month exp, so July 18th) that are basically ATM(240$).
Obviously they play is they are way oversold and while struggling, probably not going anywhere in the long term and right now a pretty good value. All RSI's(from 6m down to 1d minute chart) all indicate oversold.
FYI it was 10 calls, 240 strike @ 9.75$ each, if up over 10% ill set a trailing stop, otherwise I'll bail if it goes below 230$ or if it's still lingering on the resistance line(240) by next Friday
Sanrith Descartes
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RSI is currently 27. It was as low at 20 in March. It could still have some falling to do.
Rangoth
Vyemm Raider
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sure could! It’s a gamble! But I don’t see why this one company is getting beat down more than others in this space, so I guess we’ll see. Pray for me smalls!
Keep in mind it's an options play. I don't need the stock to fully recover to 360$ to make money, a recovery to 250$ in 2 weeks would be way more than 10% up. One good positive single ATR day without another hard drop day and it could already be a win.
For context, I'm betting on one of the purple circles happening again:
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