Official Investing Thread

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

  1. momux

    momux AFAM Scholar
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    Sir this is a Wendy’s.
     
  2. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
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    fine may I at least make an order? Baked potato and chili
     
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  3. letan

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

    I don’t doubt that Biden winning will be fine for the market in the long run but the potential change for capital gains taxes doubling could lead to some selling to lock in the lower rate on the huge tech gains people are sitting on.
     
    brolift likes this.
  4. RockHardJawn39

    RockHardJawn39 #FranklinOUT
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    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpoolWrexham AFC

    Hi people smarter than myself.

    If I wanted to dump 10k into apple should I do it now or wait until after the split?
     
  5. Oranjello

    Oranjello Well-Known Member
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    This is an emotional, fear based post not grounded in reality. It's not like capital gains rates would double overnight without warning
     
  6. letan

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

    I’m just trying to prey on some fears and make some money but figured I’d throw it out there for people’s thoughts so I do appreciate the response
     
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  7. Bo Pelinis

    Donor TMB OG
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    The thing about Biden is he doesn't really have anything guiding him internally. He'll go with the wind and that will probably be some from the left but a lot of corporate democrats that won't be into that sort of thing. He's no crusader.
     
  8. Oranjello

    Oranjello Well-Known Member
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    The Tax Cuts and Jobs Act was passed on 12/22/2017 and most of it was effective after 12/31/2017. That is an extraordinarily quick window but it's still a ~week.

    I don't know for certain obviously, but if there were going to be rate changes I'd bet they will be more targeted towards wealthy earners given how disproportionately the wealthy benefitted under the TCJA. So long term capital gains rates for the middle class may remain the same: 0-15% unless you're earning ~$450,000 or more
     
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  9. ohhaithur

    ohhaithur e-Batman
    Donor

    I would do it $1k at a time over the next 10 months or $2k over 5. Might help you, might hurt you but it's way safer to the downside
     
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  10. Sportfan

    Sportfan From Six to Dumptime
    San Antonio SpursHouston TexansNew Mexico State AggiesTexas AandM Aggies

    Added to VTI at $170.72
     
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  11. Paddy Murphy

    Paddy Murphy Well-Known Member
    Atlanta BravesCarolina PanthersUnited States Men's National Soccer TeamLiverpoolCharlotte FC

    Setting aside whether this is true or not, institutions are definitely pricing in the probability of Biden/Trump. At the retail level, you might see some selling leading up the election but in the vast majority of flows, this is already accounted for.

    I do think if Biden wins you will see a big sell off the day after, which I (hope) to buy the shit out of. Biden will be different from Trump in a lot of ways, but capital gains / tax reform is going to be way down the list. He’d be getting an economy on the thinnest of ice, he isn’t going to drop a rock under his feet.
     
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  12. HuskerGuy99

    HuskerGuy99 Above Average Member

    Biggest thing I see with Biden/Harris is that Harris has said she wants to tax every single trade you make. The other thing I see is massive regulation of the markets and fraud snapping back into play. Markets right now are a complete free-for-all. Believe I mentioned the fraud, etc. a page back or so. Just seems like Trump's admin has neutered the SEC and most oversight. If that should continue, I definitely see that as a positive for all markets. Biden/Harris slightly negative for markets but you know they are all controlled by big money anyway.

    Something to watch in the next week is if this week's trend of ramping up mid-day and then selling off into the close continues. Today was the worst volume day for SPY that I can remember before the last 2 hours of selling started. We finished 42M total volume but were on track for a little over 30M. To give you an idea of how bad that is, Christmas Eve saw 20M total trading volume.
     
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  13. Kevintensity

    Kevintensity Poster/Posting Game Coordinator
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    Nice green candle to end the day in the green!!!

    Nothing fishy imo
     

    Attached Files:

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  14. HuskerGuy99

    HuskerGuy99 Above Average Member

    lmao yeah it looks super-suspect. I believe a lot of it was just shorts covering though. They are so used to taking it with no lube for the past few weeks. High risk to hold through the weekend and get gapped-up on some BS like an Amazon 5-to-1 stock split.
     
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  15. Oranjello

    Oranjello Well-Known Member
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    Harris’s proposal as a presidential candidate to fund M4A was targeted towards the wealthy/Wall Street, I believe. And it was really low - like 20 cents per $100
     
  16. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
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    Yeah fuck that. That’s beyond retarded, even for her
     
  17. burnttatertot

    burnttatertot butt tuck zoomies
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    Washington State CougarsSeattle MarinersNew York MetsSeattle SupersonicsMetal

    This past weeks new positions:

    KSS
    DBI
    BSX
    SPG
    FRT
    MDT
    SABR

    Sit back and watch the magic happen kids.
     
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  18. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    NVDA earnings this week, up 135% from March lows. Up over 50% from pre COVID highs, nearing 300B market cap, tech been squirrelly, I’m taking a lotto put option.
     
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  19. gordon bombay

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

    SE earnings tomorrow
     
  20. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Riding the gap up run on WMT calls into ER tomorrow.
     
  21. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
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    TDA down. Having flashbacks to my experience with Robinhood.
     
  22. letan

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

    My 9/18 7.50 Kodak puts are up 50% now and just slightly out of the money. Should I keep riding these things or just take my profits and move on? Leaning towards profits since I’ve watched my other options turn red from holding too long
     
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  23. fish

    fish Impossible, Germany
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    Los Angeles DodgersLos Angeles RamsLos Angeles KingsSouthern California Trojans

    That’s the age old question, innit?
     
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  24. letan

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

    lol yep. fuck it. I’m selling and just taking a profit
     
  25. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Can always sell enough to get your money back and let profits ride
     
    letan likes this.
  26. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Toying with holding WMT through earnings unless things pop off pretty bigly over the next few hours. They haven't had near the run that a lot of big names got prior to earnings and a beat could shoot them up pretty drastically.
     
  27. Louis Holth

    Louis Holth but we also just might be those motherfuckers
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    South Carolina GamecocksAtlanta BravesCarolina PanthersTottenham Hotspur

    I’ve set a few price triggers for today. I’ve held pretty steady with them, so hopefully it pays off.
     
  28. gordon bombay

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

    GRWG is the latest "growth" stock I am seeing fintwit jump all over
     
  29. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    I'm working in a few calls. Have a 131 8/21 that I've held for weeks that turned green by a decent margin today...and a 134 8/28 that is looking pretty good from where I bought it.

    Might sell one and hold one.
     
  30. Louis Holth

    Louis Holth but we also just might be those motherfuckers
    Donor
    South Carolina GamecocksAtlanta BravesCarolina PanthersTottenham Hotspur

    I have a 134 8/28 too. That’s the one I’m looking to move. I have two 135 12/20 that I intend to hold.
     
  31. southside

    southside Well-Known Member
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    I closed my WMT calls just now. They were short term 9/18 though
     
  32. NothingIsOT

    NothingIsOT Prom pic
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    Miami MarlinsMiami DolphinsFlorida PanthersDetroit TigersMiami Heat

    Yep. I was the one that sold that 9/18 7.50 put to you. Sold at 3.27 on 7/30 and BTC at 2.26 on 8/11. I'd take whatever gains or losses you have in Kodak today, and move on. I always manage at 50%.
     
    letan likes this.
  33. RockHardJawn39

    RockHardJawn39 #FranklinOUT
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    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpoolWrexham AFC

    Have you seen any targets for this? Cnn money has a high of $17, which i think is out of date.
     
  34. Sportfan

    Sportfan From Six to Dumptime
    San Antonio SpursHouston TexansNew Mexico State AggiesTexas AandM Aggies

    Lmao TSLA just unreal
     
  35. gordon bombay

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

    I haven't. I got in this morning at $14.20.
     
  36. HuskerGuy99

    HuskerGuy99 Above Average Member

    WOW volume DEAD in the SPY. 38M was the previous low of the year set a week or two ago. Today was 28M. Not much to say outside that.
     
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  37. HuskerGuy99

    HuskerGuy99 Above Average Member

    Oh, I do have one other thing to say: check out OSTK price since March.
     
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  38. ohhaithur

    ohhaithur e-Batman
    Donor

    We could've retired on that
     
  39. The Milkman

    The Milkman Send lawyers, guns and money, shit has hit the fan
    Donor

    Interested to see BABA earnings on Thursday morning. They’re going to crush it I feel. JD paid me handsomely today.
     
  40. RockHardJawn39

    RockHardJawn39 #FranklinOUT
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    Holy shit tesla puts are expensive
     
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  41. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Just your average 45xer over 5 months
     
  42. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    I guess TSLA just gonna go up $100 a day between now and the split. Up to $1925 in PM
     
  43. RockHardJawn39

    RockHardJawn39 #FranklinOUT
    Donor
    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpoolWrexham AFC




    Yesterday's numbers may not be accurate anymore
     
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  44. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Eli vaulted to 4th richest person on earth yesterday when it passed 1800, a day later it’s over 1900. No end in sight
     
  45. gordon bombay

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

  46. RockHardJawn39

    RockHardJawn39 #FranklinOUT
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    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpoolWrexham AFC

    It may hit $20 before market opens
     
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  47. RockHardJawn39

    RockHardJawn39 #FranklinOUT
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    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpoolWrexham AFC

    jk i shouldn't have said anything
     
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  48. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    TOS down again. Ridiculous.
     
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  49. momux

    momux AFAM Scholar
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    Down for me too. TDA website is up and running though.
     
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