Unfortunately I’m restricted in trading due to the nature of my job so will probably be going general market ETFs. May put some fun money money into a tech sector ETF but will look at it more closely over the weekend.
We get the benefit of both the virus being 17 hrs ahead of us as well as those markets. We’ll have a good idea of where Monday will be heading.
I’m playing with 10s of dollars here, and very little experience. Biotech vaccine maker I bought at 0.76 tripled overnight.
I bought some index ETFs yesterday and today. Didn’t have the courage to buy options or put much money in for the wkd. I think I’m going in big Monday too.
Up about 12% for the week. Took most out for the weekend. Figured why be greedy. I think there is a bounce and then a free fall again.
I'll be buying the whole way down, although I did sell Novavax once it went beyond $17.00 today. Was purchased for $4 and some change and I think the profits will be better suited in Apple and Microsoft (especially Micro, Apple has more falling to do before I push my dick any further in that.)
Gonna get me more of that VIAC too at $24.00. A sweet P/E of 4.51 and a Dividend of 4%, hard to pass on that.
Micro has the new gaming system coming out in December also. They are also have one of the best game subscription offerings out there. Between CPU and console they are quickly cornering the market. If PlayStation doesn’t really impress I think they could go the way of Sega. Microsoft has been rumored to be working on a handheld as well. The future is bright for product expansion for them.
Yeah you just need to liquidate the card collection and free that cash up then deposit it in a brokerage account and start trading!
School me. Lets say I bought 1 telsa put (500 on 3/6) at 7.63. Thats 7.63 x 100 = $763. That's the most I could lose right? Or am I actually responsible for the 100 shares themselves. ie. 100 x stock share price of lets say 600... =60K Not knowing this is the only reason I didn't jump in with you Gallant Knight . Gracias
Spend a number of hours learning what these transactions involve if you’re not using play money. Kahn academy was the one provided by my supplemental pension. They’re boring videos, but might save you from getting over your head.
I wouldn’t do any trading on there now that most of the brokerages have no trading fees. I moved all my holdings into my primary bank, Charles Schwab, when they went to no trading fees.
I'd just stick with whatever brokerage you use currently now that they all have zero comission trades. Robinhood frontruns your orders. https://www.google.com/amp/s/seekin...illennial-customers-to-high-frequency-traders
I use Schwab for everything but my savings. Their customer service has been top notch whenever an issue has come up.
How excited are we for the market to open? C'mon media, do your job, I need more panic from the public. What do you guys have your eye on this week?
Only following the Nikkei but it appears to be turning down on the news of North Korea test firing a couple missiles. Giving back a bunch of gains in the last 20 minutes. EDIT: Gave about a third of that peak back quickly and now seems to have settled in nicely at about +1.3%
What's everyone's guess for what will happen this week? I'm guessing gains today followed by 4 days of losses.
Christ, I just went full retard trying to execute a MSFT option. I clicked the wrong strike price and paid about 10% over market.
I’m probably wrong, but my thought was between the Boeing stuff + virus/travel restrictions, there’s a “cause” for it to dip. Can’t see it not recovering at some point before I die.
Margin calls on you or on others? I wouldn’t be surprised at all if they’re insolvent soon. The only check they do on margin is if you have X in your account then you can get a multiple of it in margin. There have to be soooo many fucking kids on there who don’t have the money available if they get a margin call
Couldn’t pull the trigger today on getting back in but I do think we are getting close to the bottom. I think the broader COVID healthcare impacts will resolve this week in a positive manner, but I’m not sure if all the lagged supply chain items are fully baked in. Going to target a limit order buy about 6-8% below current trading levels.
Does anyone know if you can amend your purchase lot for a sale of securities after settlement for tax purposes? My entire brokerage account consists of SPY shares which were purchased at various times within the last six years. When I sold some last year to buy my house I mistakenly sold a portion of shares which were purchased within the last 12 months and thus subject to short term tax considerations. It sucks considering I’ve got plenty of shares purchased more than 12 months before the sale which would garner long term treatment, but Fidelity is telling me there is nothing I can do post settlement.