So for the folks who posted earlier in the week about having their money on the sidelines in the face of the uncertainty. Wtf do you do now?
Market is on fire today. Picked up some ARKQ recently, looking good over the past couple weeks and continuing to rise.
Picked up some FSLR $110 Calls 2 days ago when the stock was down 7-8% with the anticipation that the dems winning in GA would boost the stock. Up 281% so far. Only wish I put more in.
At this point I will follow that man to the ends of the Earth. TSLA is so damn dumb I absolutely love it.
I realize I misspoke. I have 1/3 cash; 2/3 positions. I'm still up 1.8% today. SMH up 3.8%, AAPL up 3.3% and XHB up 1.3% today are my 3 positions. At this pace, the 250 2/19 covered call I sold against SMH is going to called on me. I'm still going to hold this cash for a pullback in January or February, but hey, early signs say I'm the stupid one.
I still have 20% on the sidelines and had like 50% up until 11,000 NASDAQ all year so I’m not throwing stones. Just curious if you plan to wait it out or having FOMO.
I had big time FOMO last year. I want to try out finally having a thesis and seeing if it works. Elon Musk becoming richer than Jeff Bezos just blows my mind.
i thought we all knew timing the market is a fools errand not that a little up rush here means it won't pull back later
hey i had a robinhood account for like two weeks, buying puts/calls, was up 50%. i've been in the trenches. then remembered that I hate gambling so just cashed it all out (really though I just fear some people in here don't understand the split between the empirically grounded investing and the gamblers which could cause them to set money on fire they need)
i bought it a week ago. Been buying Hanks watch list off and on. Hit on DDD, PLUG and MRO. No real losers lately. His prognostications suck, or have sucked lately.
trying to short a stock that seems to operate largely due to a cult of retail investors seems to be even riskier than normal (im talking about TSLA, not BTC, but same)
DDD is up 110% now. I want to just sell and take the profits but then again I will kick myself when it doubles again. Why can't stocks just go up 1% everyday. Slow and steady please. Also, going to kick myself when it comes all the way back down.
Take out your principal investment and you’re playing with house money. I’ll tell you this but I never do it either...
more risk more reward, basically an option with 1 year expiry. typically the right to exercise at $11.5 so long as merger happens within 1 year of issuance of the listing
once IPOC merger got announced i bought warrants for everything left. he just executes, i see very little risk of them expiring worthless.
Action starting to remind me of late July/August. Just squeezing up. If you look at VIX the last month or so you see what's going on though. I think someone in here asked about buying VIX at 21/22 and selling high and that would have been a slam dunk strat for the past few weeks.
I'm not as bearish as Hank. A correction is not a crash. And maybe we don't have one this month if we go by the August script. Just a nasty squeeze up to 400 would have a lot of people sweating.
IPOD got a boost from that as well, despite having no merger Everyone wants in since he's just printing money with these things.