Official Investing Thread

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

  1. Tug

    Tug Well-Known Member
    Donor
    Detroit LionsDetroit PistonsMichigan State Spartans

    Hello I am liquidity
     
    letan likes this.
  2. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Somebody upset the market
     
  3. ScFan27

    ScFan27 Well-Known Member

    Absolutely unreal. A straight line downward.
     
  4. Arliden

    Arliden Well-Known Member
    Donor

     
    Stagger Lee, letan and brolift like this.
  5. Ralph

    Ralph Well-Known Member
    Donor

    I'm just an idiot, but looked like everyone flipped to going short after spy kissed this upper line that started back in Jan.
    [​IMG]
     
  6. jcb-r

    jcb-r Back and better than ever
    Rutgers Scarlet KnightsNew York MetsBrooklyn NetsTennessee TitansNew Jersey Devils

    I was in a meeting and had SPX open on my second screen. If anyone was paying attention to my face, they would have seen the biggest "wtf is happening" expression.
     
  7. The Milkman

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

    Brick wall at 431
     
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  8. ScFan27

    ScFan27 Well-Known Member

    431.50 was the 200 day daily moving average. It sat there for a few minutes and then plunged.
     
  9. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

     

    Attached Files:

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  10. The Milkman

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

    Might be a good idea to sell some insurance.
     
  11. ScFan27

    ScFan27 Well-Known Member

    Some 430 spy puts would have been nice but couldn’t speculate if it would dump or pump after hitting that level. Market has been fairly irrational lately.
     
  12. The Milkman

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

    covered calls
     
    ScFan27 likes this.
  13. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    They like to nuke it around Labor Day to remind us who is in charge.
     
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  14. Jimmy the Saint

    Jimmy the Saint The future is a benevolent black hole
    Donor
    Penn State Nittany LionsGreen Bay PackersChelseaHartford WhalersUnited States Men's National Soccer TeamPhoenix Rising

    Ally update: Your Online Savings Account rate is increasing from 1.60% to 1.75%

    :rain::rain:
     
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  15. Whammy

    Whammy FAHR GOLDING
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    Heads up the FTX app offers 8% on dollars up to $10,000 and 5% on amounts after $10,000

    Not FDIC insured, but financially very healthy. Going on an acquisition spree and CEO is regarded as best in the crypto industry. Wouldn't put life savings in there, but the yield has been nice so far
     
  16. Tug

    Tug Well-Known Member
    Donor
    Detroit LionsDetroit PistonsMichigan State Spartans

    After Celsius took what little btc I had im gonna not “unbank” myself for awhile
     
    kinghill likes this.
  17. Whammy

    Whammy FAHR GOLDING
    Donor
    Alabama Crimson TideVanderbilt CommodoresNew Orleans SaintsChicago BlackhawksAtlanta United

    Totally understandable, just FYI
     
  18. letan

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

    I was just about to ask the thread about JMIA after seeing @Baseballman86’s post. You think it’s worth a bit of a gamble here?
     
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  19. Ty Webb

    Ty Webb Living rent free in Jigga's head
    Donor
    Nebraska CornhuskersChicago CubsChicago BullsDetroit LionsChicago BlackhawksTiger Woods

    Buy enough to push the price back up to ~$40 please
     
    Tug, brolift, letan and 1 other person like this.
  20. The Milkman

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

    I dunno man. It’s pretty hot from an RSI standpoint. I have stop loss set up on my option leaps, going to hold the shares regardless
     
    letan likes this.
  21. NothingIsOT

    NothingIsOT Prom pic
    Donor
    Miami DolphinsFlorida PanthersDetroit TigersMiami Heat

    Covered calls always.
     
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  22. NothingIsOT

    NothingIsOT Prom pic
    Donor
    Miami DolphinsFlorida PanthersDetroit TigersMiami Heat

    45 DTE, 20% OOM on a stable reliable stonk.

    sell out around 21 DTE. Rinse repeat. Theta gang unite.
     
    jcb-r and The Milkman like this.
  23. Sam Elliott

    Sam Elliott Job title: Assistant Bouncer at the Double Deuce
    Florida State SeminolesChicago BullsGreen Bay PackersTampa Bay LightningManchester United

    Lowe's and Target missed on earnings, market is probably going to get crushed today.



     
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  24. The Milkman

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

    30 minutes into trading today my stop loss was triggered on the Leaps.
     
  25. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    is there such a thing as a stop gain because I must have a lot of them
     
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  26. fish

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

    Bragging about picks that gain... how dare you!
     
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  27. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
    Staff Donor TMB OG
    Georgia BulldogsTexas RangersCharlotte HornetsCarolina PanthersGrateful DeadWu-tang

    I think we may be at a top on the current rally. I haven't sold much yet but certainly am not buying more until there's a better signal on direction.
     
    bcuga likes this.
  28. Sportfan

    Sportfan From Six to Dumptime

    all three major indices seem to be hitting a resistance wall. 34,000 on the Dow, 4300 S&P and 13,000 NASDAQ. There really shouldn’t be any major news for a while. All tech and now retail has reported to boot. Probably a good time to sell OOTM covered calls.
     
    Stagger Lee likes this.
  29. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    ITM tho.
    A stop loss you get paid for.
     
    Sportfan likes this.
  30. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    what’s the next BBBY

    thanks in advance
     
  31. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami HeatPoker

    Going the HSA route through employer was a bad idea. Employer switched providers after a fucking year and so the HSA relationship with employer no longer exists. It's my HSA account so I keep it of course, but now the HSA bank is changing the rules and fees and required minimum balance from what it was before. So now they're charging a monthly account fee just to keep the account open.

    If I close the account I then have to pay taxes on that money right? It's only about $3.5k but damn what a pain, I thought this was going to be a smart move.
     
  32. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    only taxed on it if you say you didn't have that many medical expenses
     
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  33. tjosu

    tjosu This is kind of like the breakfast club, huh?
    Donor
    Oklahoma State CowboysHouston AstrosHouston TexansTiger Woods

    Is there not a way to transfer the funds to a different HSA administrator, similar to rolling over a 401k?
     
    kinghill likes this.
  34. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
    Staff Donor TMB OG
    Georgia BulldogsTexas RangersCharlotte HornetsCarolina PanthersGrateful DeadWu-tang

    If you "say"
    [​IMG]
     
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  35. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    last chance to do light fraud before IRS has teeth again. get ya crimes in now!
     
    bcuga, Whammy, letan and 2 others like this.
  36. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
    Staff Donor TMB OG
    Georgia BulldogsTexas RangersCharlotte HornetsCarolina PanthersGrateful DeadWu-tang

    bcuga, kinghill and brolift like this.
  37. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    GM reinstating dividends
     
  38. Sportfan

    Sportfan From Six to Dumptime

    i should have listened
     
  39. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    I wouldn’t listen to me either mate
     
    The Milkman, Sportfan, jcb-r and 2 others like this.
  40. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    vol szn
     
    Sportfan likes this.
  41. Arliden

    Arliden Well-Known Member
    Donor

    to creative to not share




     
    #28191 Arliden, Aug 23, 2022
    Last edited: Aug 23, 2022
    brolift likes this.
  42. Arliden

    Arliden Well-Known Member
    Donor

  43. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    oh what we supposed to trust the feral reserve bc they got transistory inflation wrong and said sorry bout that? no thanks.
     
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  44. Arliden

    Arliden Well-Known Member
    Donor

    I just like to get lyrtch fired up on things I disagree with him about
     
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  45. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

  46. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    i'm still right

    #TeamTransitory
     
  47. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    the BETTER way to have done covid stimmy was with staggered payments and auto-renewing mechanisms based on broad economic indicators (basically the expanded UI mechanism but for the whole economy) but you'd have needed the Trump admin to be run by smart people from start.

    but I also think the reee M2 folks are morons because the alternative to going big balls fiscal policy was allowing incredible harm to tear through the country which would have obviously been a much worse option
     
    FelipeG likes this.
  48. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    right wingers have a singular joke
     
  49. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    And you've lost all of your sense of humor :(
     
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  50. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    or did I ever have one
     
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