EPTPretty much flat for the day.
Trading/Investing Thread - Page 10
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CorsairHero
Canada9489 Posts
Pretty much flat for the day. | ||
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BerserkSword
United States2123 Posts
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Vivax
21799 Posts
9:30 AM, 3:30 PM, 7:30 PM the buy waves surge in precisely on the minute, about every four to six hours. You don't need a trading book here. | ||
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BerserkSword
United States2123 Posts
On January 17 2020 04:11 Vivax wrote: Fed is literally handing out free money on time today. 9:30 AM, 3:30 PM, 7:30 PM the buy waves surge in precisely on the minute, about every four to six hours. You don't need a trading book here. tfw sold my spy calls too early couldve nearly doubled my profits lmfao | ||
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BerserkSword
United States2123 Posts
first time riding this beast | ||
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RowdierBob
Australia12801 Posts
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BerserkSword
United States2123 Posts
On January 18 2020 09:32 RowdierBob wrote: I just can’t do Tesla. The valuation of the company seems insane to me relative to its output and losses. I'm just trading it, not investing it lol .......at least for now haha. Now, I'm not a long term investor when it comes to traditional markets, and I don't really know how to read financials, but I dont think the valuation of the company is that high for what it's actually doing. It is not your run of the mill business. It has massive visions, cutting edge technology, and a Titanic figure at the helm in Musk. This company is not just about raw numbers. The macro technicals itself point to ridiculous long term potential. It spent 5 and a half years in what is known as a Wyckoff re-accumulation range. This means that institutions - the big dogs - have spent almost 6 years shaking retail out and accumulating more shares. this run up is simply the markup, and it probably has a long way to go given the size and volatility of the reaccumulation range. If I were more interested in investing into stocks TSLA wouldve been at or near the top of my list. not financial advice | ||
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RowdierBob
Australia12801 Posts
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Vivax
21799 Posts
- The Chinese are trying to corner the palladium market. When it gets too out of hand like lately, the squeeze is put on their stock market, and *magic* palladium (and the lil bro platinum) stop the onslaught. - The US has trouble financing their deficit since the Chinese stopped recycling treasuries in 2017, so the course of action is to reduce their trade deficit and essentially send the world into a starvation of dollars. The reason it's mostly the US stocks bubbling is that you are at a disadvantage while investing in anything not denominated in US dollars right now. The joys of being reserve currency. - This bubble ends when China yields and resumes financing US deficit. Possibly never, so US stocks can actually go MUCH higher. Chinese food inflation is at levels last seen in 2k8, that's the price they are currently paying for not financing the US. The bubble also ends when the US dollar starts losing value, there will be a rush out of $-denominated assets into commodities. Dollar index isn't too reliable as measure of the strength given the coupling with NOK and Franc imo. I think I got into a good setup to short UK. Even better if the pound keeps getting hammered. Long nasdaq, us banks. Thyssen has a rock solid bottom I bought into. It's really really cheap imo. I wouldn't touch Tesla with an 8 foot pole. Some pretty shady shit going on around there but the stock price isn't in the hands of a free market. Pretty much a coinflip. Waiting for a crude dip to go long. | ||
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BerserkSword
United States2123 Posts
i have fib extension targets going to like 612 at least but im not gonna get too greedy. im happy with the profits Edit lmao Tesla dumped 30 bucks afterwards | ||
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Vivax
21799 Posts
![[image loading]](https://transportgeography.org/wp-content/uploads/stages_bubble.png) Seen on ZH: Bridgewater Co-CIO: "The Boom-Bust Cycle Is Over" New paradigm! Short TSLA now with the minimum amount. If this hellbeast goes down, it'll be in an insane overnight gap. I doubt it's going to happen considering that they already seem to fall into the too big to fail cat. Actually everything falls into that category at this point, so who knows where these policies will lead. But for the short term, I'd rather buy puts. | ||
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BerserkSword
United States2123 Posts
On January 21 2020 00:23 Vivax wrote: Some possibly crazy theories going through my head: - The Chinese are trying to corner the palladium market. When it gets too out of hand like lately, the squeeze is put on their stock market, and *magic* palladium (and the lil bro platinum) stop the onslaught. - The US has trouble financing their deficit since the Chinese stopped recycling treasuries in 2017, so the course of action is to reduce their trade deficit and essentially send the world into a starvation of dollars. The reason it's mostly the US stocks bubbling is that you are at a disadvantage while investing in anything not denominated in US dollars right now. The joys of being reserve currency. - This bubble ends when China yields and resumes financing US deficit. Possibly never, so US stocks can actually go MUCH higher. Chinese food inflation is at levels last seen in 2k8, that's the price they are currently paying for not financing the US. The bubble also ends when the US dollar starts losing value, there will be a rush out of $-denominated assets into commodities. Dollar index isn't too reliable as measure of the strength given the coupling with NOK and Franc imo. I think I got into a good setup to short UK. Even better if the pound keeps getting hammered. Long nasdaq, us banks. Thyssen has a rock solid bottom I bought into. It's really really cheap imo. I wouldn't touch Tesla with an 8 foot pole. Some pretty shady shit going on around there but the stock price isn't in the hands of a free market. Pretty much a coinflip. Waiting for a crude dip to go long. nice FA speaking of oil, i am keeping a close eye on WTI. it entered my "go long" zone (buy calls) | ||
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BerserkSword
United States2123 Posts
On January 19 2020 19:11 RowdierBob wrote: Interesting. Any views on Spotify? No views from a fundamental analysis perspective. I can char ti for you if you want tho | ||
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RowdierBob
Australia12801 Posts
On January 23 2020 16:59 BerserkSword wrote: No views from a fundamental analysis perspective. I can char ti for you if you want tho That would be excellent, thank you. | ||
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Vivax
21799 Posts
i dont know if the energy sector can take the hit Market just opened and my jaw fell off Just TSLA is not in freefall LOL, seems legit. Oh right there's a gap, wait until it closes. Still goes up, smh, that company must literally be a money funnel for the nasdaq. Alternate theory: Every short in the world is covering because fear of banking crisis. No idea how other economies keep afloat if the Chinese doesn't get saved. Today's proof that there's a printing press attached to every single market if you ever needed one. In a nutshell it means, currencies are on the chopping block and holding unleveraged stocks of tbtf companies is probably safer than holding cash, besides physical stuff. | ||
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BerserkSword
United States2123 Posts
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BerserkSword
United States2123 Posts
punted some 2/28 spy calls at end of day | ||
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BerserkSword
United States2123 Posts
instead yolo'd spy calls and got rekt by gap down closed spy calls at a loss | ||
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{CC}StealthBlue
United States41117 Posts
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FiWiFaKi
Canada9858 Posts
Still holding out for that crash to sub 26000 dow myself. | ||
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