Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. ohhaithur

    ohhaithur e-Batman
    Donor

    Yeah, just playing around with it since you mentioned it (noting that you'd lose the dividend). Instead of buying 100 shares, you could buy two 1/15/21 20Cs. You'd have double the use of capital and would only be paying $260 extra for that plus all the downside protection
     
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  2. HuskerGuy99

    HuskerGuy99 Above Average Member

    They really like to moon BA on Mondays. Knew I should have just bought month out calls instead of lottos last week. Would have made a shitload of money Friday if they jumped up like this.
     
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  3. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    Because Investors are hopeful in a decline in COVID cases. :meh:
     
  4. RavenNole

    RavenNole Well-Known Member
    Baltimore RavensTampa Bay LightningChelsea

    Investors must be looking at NY and Europe only.
     
  5. Louis Holth

    Louis Holth David LaChapelle levels of not giving a fuck
    Donor
    South Carolina GamecocksAtlanta BravesCharlotte HornetsCarolina PanthersTottenham Hotspur

    It’s a global economy baby. We gone be dead and rich.
     
  6. pacey

    pacey Well-Known Member
    Donor

    DXD is starting to show some strength coming towards the end of the day. 5min is building a real nice positive TSI divergence.
     
  7. pacey

    pacey Well-Known Member
    Donor

    2min crossed and 5 is coming. if the 5 crosses i think we dip back and have run back down to end the day in the last hour.
     
  8. HuskerGuy99

    HuskerGuy99 Above Average Member

    SPY looking solid on 1hr+ time frames. Think it's a low volume grind up kind of week.
     
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  9. HuskerGuy99

    HuskerGuy99 Above Average Member

    If this EOD squeeze is nice I may just hop out here and rebuy tomorrow if everything is looking good.
     
  10. HuskerGuy99

    HuskerGuy99 Above Average Member

    Yes, AMD, you continue to do that.
     
  11. texasraider

    texasraider thanks
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  12. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    I mean...think of Lulu's target audience.

    A technology that allows them to look at themselves when they're not working out seems pretty fucking on point.
     
  13. texasraider

    texasraider thanks
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    Touché
     
  14. ohhaithur

    ohhaithur e-Batman
    Donor

    LULU - Lululemon Inc

    Minutes before the closing bell a player purchased 1,000 call contracts at the $305 strike for July 2nd expiration and a total premium of about 100k. Shortly after the close LULU announced they are acquiring fitness startup MIRROR. LULU is up 3% after-hours.
     
  15. ohhaithur

    ohhaithur e-Batman
    Donor

    Look at LULU when it hit $305 AH

    upload_2020-6-29_16-46-31.png
     
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  16. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Florida GatorsMiami MarlinsJacksonville JaguarsAvengersMiami HeatWu-tang

    Damn; where can I get some of that sweet, sweet insider tippage?
     
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  17. Tony Wonder

    Tony Wonder Well-Known Member
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    Michigan WolverinesDetroit LionsDetroit Red WingsNewcastle United

  18. ohhaithur

    ohhaithur e-Batman
    Donor

    If laws mattered that would be a pretty easy case you'd think
     
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  19. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Florida GatorsMiami MarlinsJacksonville JaguarsAvengersMiami HeatWu-tang

  20. southside

    southside Well-Known Member
    Donor TMB OG

    They need a content platform

    Alo has both content and apparel

    peloton has both content and apparel
     
  21. texasraider

    texasraider thanks
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    Texas RangersKansas City ChiefsTottenham HotspurDallas Mavericks altTexas Tech Red Raiders alt

    Buy tonal then. Mirror is trash
     
  22. southside

    southside Well-Known Member
    Donor TMB OG

    Why? Just curious. Ads are really my only exposure to it thus far
     
  23. texasraider

    texasraider thanks
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    Texas RangersKansas City ChiefsTottenham HotspurDallas Mavericks altTexas Tech Red Raiders alt

    Just look at the two products and tell me which one you’d rather buy
     
  24. Joe Louis

    Joe Louis no thank you turkish, i'm sweet enough
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    Michigan WolverinesDetroit Tigers

    i was thinking the BLM protests would be good for LULU sales cause all the white chicks I saw out in Charlotte were wearing LULU yoga pants :twocents:
     
  25. Baseballman86

    Baseballman86 Well-Known Member

    Arizona officially shutting stuff down again. Futures green
     
  26. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Anyone follow LCA today?
     
  27. ohhaithur

    ohhaithur e-Batman
    Donor

    [​IMG]

    Seems interesting but why is it double GDEN?
     
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  28. pacey

    pacey Well-Known Member
    Donor

    Comments 063020 - Tue, Jun 30th, 2020 -:- 6 : 48 : 23
    The market rose yesterday on weak volume. The Dow finished with gain of 580 points, closing at 25,596. The NASDAQ and SPX were up 117 and 44 points, respectively. Volume on the NYSE was light, coming in at only 83 percent of its 10-day average. There were 46 new highs and 2 new lows.

    Yesterday’s rally was the alternate scenario in the chart I posted this past weekend. The rally should be close to completion as I do not expect the gap that starts at the 26,000 level on the Dow to be filled. If that gap were filled, it would mean that the Dow would likely trade back to the 26,500 level before Wave 2 up is complete, but I believe the odds for this are low. Reversal gaps are strong resistance levels, and after yesterday’s low volume rally, it would take an extraordinary effort on the part of the Dow to move much beyond yesterday’s close. Because of this, I will be looking for opportunities to establish short or inverse positions on any negative turn in the short-term bars. A close below the 25,000 level in the days ahead should send stocks reeling. My target for the next leg down, Wave 3 of Major 3 down, is below the 23,000 level with 22,800 or below likely. Because this should be a wave 3 of 3, the move down should be impulsive and happen quickly once the 25,000 level is broken.

    The Market Timing Indicators for the Major Indexes are mixed after yesterday’s session. The Dow is Negative, but the NASDAQ remains Positive. However, yesterday Bloomberg posted an unusual chart that showed the combined MONTHLY Put/Call ratio of the five FANG stocks was at 2.79, which is the highest level since the February high. As most of you know by now, there is significant divergence between what the FANG stocks are doing and the rest of the market. The fact that these five stocks have reached EXTREME conditions again should be taken as a major warning.

    The Dean’s List is Positive while the Tide remains Neutral. The Hi-Lo indicator is keeping the Tide Neutral.

    The Sector Ratio strengthened to 21-3 Positive after Monday’s session. The top 5 Strongest Sectors were Autos, Energy, Retail, Material and Cap Goods. The three Weak Sectors were PharmaBio, Telecoms and Semiconductors.

    The Model continues to hold 800 shares of DXD, 400 shares of DUST and a lot of cash. It continues to look for opportunities to buy shares of inverse index ETFs IF the market moves higher. These purchases could begin within the next few days, especially if the Dow starts to decline below the 25,000 level.

    Gold and the miners rose fractionally yesterday and its possible that gold (the metal) is breaking out of its Bullish flag pattern and is about to rally to the 1,900 level as Wave 3 up unfolds. On the other hand, it still appears that mining stocks are forming wave ‘b’ within a complex Wave 2 pattern that still needs one more down leg to go. It’s still not clear if the miners are going to follow gold higher or make one more run lower, toward the 220-240 level. We should know within the next few days.

    I received an email from Gene S. yesterday updating the statistics since his initial trades with my new Scalp Trading System. Because many of you know Gene, I thought I’d share his email with you this morning. Here’s the email:

    Professor, I’m writing this email to again thank you for sharing your system and let you know how much I enjoy the process and results. My overall stats are 44 winners and 14 losers, or 75.86%. But since going 7 winners and 10 losers in my first 17 attempts, I have gone 37 to 4 (90.24%) after the follow on training and re-watching the video. I also have made $5,183 this month! Due to this success, I'm going to increase the amount I invest per trade, and as a result hope to make more money. I have traded individual stocks, but mainly I'm trading ETFs. I try to focus on the areas you highlight in your write-ups.

    Congratulations and thanks Gene! If I’m right and the Dow begins to fall below the 25,000 level, hopefully you’ll be able to keep your string of 90%+ successful trades going. Wow!!!!

    That’s what I’m doing.

    h
     
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  29. The Blackfish

    The Blackfish The Fish in Black
    Staff Donor TMB OG
    Alabama Crimson TideIndianapolis Colts

    D416B3F4-C94C-4938-B994-1CFD679ABAA1.jpeg

    Bill Kurelic clearly hasn’t seen our recruiting momentum.
     
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  30. Hawks11

    Hawks11 The arsonist has oddly shaped feet
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    Alabama Crimson TideAtlanta BravesAtlanta Hawks

    How did the morning market treat everyone? I sold out of AAXN with a nice profit. I may jump back in a week or so before the senate tries again with the police bill.
     
  31. ohhaithur

    ohhaithur e-Batman
    Donor

    Not bad, got out of Kroger with a nice win
     
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  32. gordon bombay

    gordon bombay magician's alliance enthusiast
    Georgia Tech Yellow JacketsAtlanta BravesAtlanta HawksAtlanta Falcons

    I am assuming NYC is going to announce they aren't moving to the next phase (indoor dining) as planned on 7/6, announcement will come this week. Is that enough to tank the markets or will it shrug it off?

    Isn't the day before 7/4 historically a very green day?
     
  33. HuskerGuy99

    HuskerGuy99 Above Average Member

    Watch for the fakeouts guys. They have been doing a bunch of them this week.
     
  34. HuskerGuy99

    HuskerGuy99 Above Average Member

    TSLA nearing 1100 dafuk
     
  35. dukebuckeye

    dukebuckeye P.G.I.T
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    GK is gearing up for their inevitable fall so he can buy his second mansion with cash.
     
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  36. HuskerGuy99

    HuskerGuy99 Above Average Member

    I can't wait to buy puts when the time is right. That time does not appear to be right now. Damn I sold my SPY calls too early it appears.
     
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  37. dukebuckeye

    dukebuckeye P.G.I.T
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    I’m just going to hand my account information over to GK so he can do it for me. I’ll cut him 5% of my profits for his troubles.

    Gallant Knight
     
  38. HuskerGuy99

    HuskerGuy99 Above Average Member

    Futures going up, VIX under 30 now, dollar depressed...broskis this is looking like that 320 moon from a few weeks back. Hope you are hedged or out of puts.
     
  39. HuskerGuy99

    HuskerGuy99 Above Average Member

    WOW def sold SPY calls too soon. Left a couple grand on the table there.
     
  40. southside

    southside Well-Known Member
    Donor TMB OG

    Top of the SPX range at 3110. Stopped on a fucking dime

    Got into selling some SPY puts right before that spike. 11% profit, time in trade: 2 minutes
     
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  41. southside

    southside Well-Known Member
    Donor TMB OG

    Going in hard on some VXX calls for 8/21
     
  42. HuskerGuy99

    HuskerGuy99 Above Average Member

    Saw that. Got out of my PEP calls real fast there as well. Gonna hold AMD tho I have a few months on those.
     
  43. southside

    southside Well-Known Member
    Donor TMB OG

    NASDAQ still has a little room to run. I'm going to trim all my tech positions once it hits 10100. Trimmed FB already today but letting QQQ and TWTR run a bit more
     
  44. southside

    southside Well-Known Member
    Donor TMB OG

    It would be lovely if we just sat in this range for the month of July.
     
  45. HuskerGuy99

    HuskerGuy99 Above Average Member

    Damn they really geared up for that at the end of the day. PEP looked like it was pinned at $131 all day then just shot up to $132.75 during that volume surge. Nearly 100% return day trade. That woke me up lol
     
  46. letan

    letan Just looking for the gator board
    Donor
    Real MadridJacksonville JaguarsFlorida GatorsTampa Bay Rays

    Someone tag me when it’s time to buy telsa puts. I too would like to make a small percentage of what gk will make
     
  47. momux

    momux AFAM Scholar
    Donor
    North Carolina TarheelsCarolina PanthersChelsea

    Somebody already posted about this I think but TSLA is soon going to be in the SP500 which means a lot of passive investing funds will be required to hold it. Probably accounts for a bit of the runup.
     
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  48. texasraider

    texasraider thanks
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    Don’t they have to post a profit first?
     
  49. southside

    southside Well-Known Member
    Donor TMB OG

    I wouldn’t dare touch TSLA

    there’s just so many trades with better conviction and probabilities of winning
     
  50. letan

    letan Just looking for the gator board
    Donor
    Real MadridJacksonville JaguarsFlorida GatorsTampa Bay Rays

    Just rolled the dice on some LCA after hours. Hope to get a bit of a jump with Portnoy buying and fertita going on CNBC tomorrow