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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza

A place to talk about investing stuff.

Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 12-07-2021, 12:07 PM   #12061
lewdog lewdog is offline
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Pete, if you aren’t swing trading individual stocks, what index tickers do you trade?
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Old 12-07-2021, 01:02 PM   #12062
petegz28 petegz28 is offline
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Quote:
Originally Posted by lewdog View Post
Pete, if you aren’t swing trading individual stocks, what index tickers do you trade?
SPY, QQQ....I don't even really "trade" anymore. More like try to time when I put cash to work. Rarely take profits right now as I am longer term in all of this.
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Old 12-07-2021, 01:05 PM   #12063
petegz28 petegz28 is offline
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Today is a huge jump up..big gap....looks good on the ticker but the volatility is still high.

It could be a rare reaction that is the result of an overreaction to Omicron.

But bull markets don't happen when volatility is high. That being said, we got good bounces off the 50 days. Just need the volatility to come in now.
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Old 12-07-2021, 03:02 PM   #12064
lewdog lewdog is offline
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Originally Posted by petegz28 View Post
Today is a huge jump up..big gap....looks good on the ticker but the volatility is still high.

It could be a rare reaction that is the result of an overreaction to Omicron.

But bull markets don't happen when volatility is high. That being said, we got good bounces off the 50 days. Just need the volatility to come in now.
And it was less volume today right? So less follow through buying compared to yesterday which isn’t always a good sign and could mean volatility is still very much a factor.
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Old 12-07-2021, 03:26 PM   #12065
Hog's Gone Fishin Hog's Gone Fishin is offline
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Couple of my penny stocks had a really good day

CYBL up 43%
FERN up 33%

Disappointed in ILUS today. -1.16% It should have followed the other two.
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Old 12-07-2021, 04:13 PM   #12066
Rain Man Rain Man is offline
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Good day. Good, good day. I'm still about 3 percent off of my November 16 peak, but this makes up some notable ground.

It was a good day to own Trup and Nvax stock. I only have a tiny amount, but it's a much larger tiny amount after today.
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Old 12-07-2021, 04:21 PM   #12067
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Rain Man View Post
Good day. Good, good day. I'm still about 3 percent off of my November 16 peak, but this makes up some notable ground.

It was a good day to own Trup and Nvax stock. I only have a tiny amount, but it's a much larger tiny amount after today.
Oh my , those two stocks kicked ass!
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Old 12-08-2021, 10:23 AM   #12068
Hammock Parties Hammock Parties is offline
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almost time to take profits on AMC, LEWDOG YOU BITCH
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Old 12-08-2021, 11:56 AM   #12069
lewdog lewdog is offline
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almost time to take profits on AMC, LEWDOG YOU BITCH
Was this the to the moon move?
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Old 12-08-2021, 11:57 AM   #12070
Hammock Parties Hammock Parties is offline
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Quote:
Originally Posted by lewdog View Post
Was this the to the moon move?
I'm not MTG, don't put that evil on me ricky bobby!

Just want to be a filthy short and pump the dump!
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Old 12-08-2021, 12:09 PM   #12071
petegz28 petegz28 is offline
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And it was less volume today right? So less follow through buying compared to yesterday which isn’t always a good sign and could mean volatility is still very much a factor.
I have started piecing in this morning noting the lack of volatility and that it looks like it may have peaked. May have missed the bottom and may still get a bottom but I am in the ball park. And since I never sold anything I am no worse for wear.
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Old 12-08-2021, 01:58 PM   #12072
Hog's Gone Fishin Hog's Gone Fishin is offline
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I'm really happy I went in heavy on AAPL. After I dump AmC I'm moving that money there.
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Old 12-09-2021, 02:00 PM   #12073
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
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Pulled from stocktwits:

#Citadel has been shorting companies like AMC/GME and others. Hedge funds like Citadel suffered massive losses in the hundreds of millions . The company is said to even have taken action against it asking the broker to suspend trading. During a testimony Citadel CEO Griffin admitted the short positions were now closed. A search of Bloomberg however revealed that Citadel not only have failed to cover the short positions from January, but those have actually grown exponentially.

Citadel can use Chinese commercial paper and bonds as collateral. Once Evergrande is declared bankrupt and has a D status, the hedge funds can no longer use the Chinese paper and bonds as collateral. As a result, they are unable to meet multi-billion dollar margin requirements and must sell shares to cover margins or close short positions. In doing so, hedge funds must buy AMC/GME at any price. Even if the market collapses, AMC and GME shares will soar. Apes ... you are going to be filthy rich.
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Old 12-09-2021, 02:02 PM   #12074
Hammock Parties Hammock Parties is offline
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LET'S GOOOOO
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Old 12-09-2021, 02:06 PM   #12075
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
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LET'S GOOOOO
I think I'll buy 10 mores share later in after hours just to scratch my itch.
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