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Forum » More General Categories » Education/Career/Finance » **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
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07-08-2021, 11:50 AM
#4981
Originally Posted By Destor
Seems like bank stocks are largely tracking the 10-year yield? And that has plummeted back down

Interesting when big names were calling for 2% by the end of the year. If we believe that will still be the case, they would definitely be a good buy
I believe in 2% by eoy.

I have my eye on the financials right now as well.

I'm glad it's getting pushed down right now, it will just make the reversal that much stronger. Some people are going to get hurt bad though. Gotta keep a cash reserve.
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07-08-2021, 12:02 PM
#4982
Originally Posted By MinisterOfLust
Pre market sucks ass. My body ain't ready for what's to come


Palantir, AMC, CPE, GME. AHT. RIP to me
If you opened short positions instead of longs at all of your meme buy ins you'd probably be a multi millionaire at this point.
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07-08-2021, 12:32 PM
#4983
Originally Posted By Heaney
If you opened short positions instead of longs at all of your meme buy ins you'd probably be a multi millionaire at this point.
sad but true… let them run up then buy at least puts…
"Paper money is going away" - EM
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07-08-2021, 12:49 PM
#4984
Sold mrin at 18.30, didn't want to stay in it





Damn. Don't fuk with Nike

https://www.wsj.com/articles/michael...ke-11625743801
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07-08-2021, 12:52 PM
#4985
who in his right mind would try to do something like that to a company like nike? lol dude is turd
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07-08-2021, 04:01 PM
#4986
Originally Posted By camaleom
who in his right mind would try to do something like that to a company like nike? lol dude is turd
No idea. His entire career(as an attorney anyway) threw away.

Best bet is to get out and write a book lol.
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07-08-2021, 04:09 PM
#4987
Originally Posted By lntense
No idea. His entire career(as an attorney anyway) threw away.

Best bet is to get out and write a book lol.
That's his only hope. It'll do numbers though.
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07-08-2021, 09:09 PM
#4988
If this is like the last dip they’re going for max pain to fuk us over. Sideways theta rape day before the big dump Monday. They already cucked us with the after hours bull hit let’s see what they pull tomorrow
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07-08-2021, 09:59 PM
#4989
Originally Posted By W1LLW
That's his only hope. It'll do numbers though.
It would be an easy play.
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07-09-2021, 03:33 AM
#4990
Tech growth futures looking solid
See title.

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07-09-2021, 04:23 AM
#4991
still waiting for a pull back - yesterday was mehh/10
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07-09-2021, 04:32 AM
#4992
Originally Posted By lntense
Sold mrin at 18.30, didn't want to stay in it



Small moon mission ahead
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07-09-2021, 04:39 AM
#4993
Originally Posted By Venom08
Neat little triple top on DJIA.
Slingshot move up to 40k imminent
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Let's go Brandon!!
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07-09-2021, 05:16 AM
#4994
feels so weird buying stamps.com at $200 and waking up to buy out news at $330, never had this happen… feels good though
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07-09-2021, 05:27 AM
#4995
So what happened to cannabis stocks? A few months ago that was the talk of the town
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07-09-2021, 06:45 AM
#4996
Originally Posted By MinisterOfLust
So what happened to cannabis stocks? A few months ago that was the talk of the town
Still great buy and holds as more and more states approve cannabis laws, but that's really sort of a boomer way of investing. Most people ITT are doing swing trades, momentum trades, or downright daytrading.

Most of the momentum and swing potential of cannabis stocks were back when the elections were going on and people were getting in position to ride the wave of a democratic party that would lead to more lenient cannabis laws. That is to say, people have already taken profits and now looking into the next promising sectors to ride.
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07-09-2021, 07:13 AM
#4997
I hit that dip perfectly yesterday so far. Mirin myself.
See title.

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07-09-2021, 07:16 AM
#4998
Oil back up brahs

Forecasting hitting pre-pandemic demand by Q1 2022 and supply will be nowhere near pre-pandemic levels. Labour market here has been highly disrupted since 2014 and even moreso since COVID, I sense some good times coming in the oil patch for those of us that are still around.
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07-09-2021, 07:18 AM
#4999
Originally Posted By lntense
Prob not the best idea to **** with a company powerful enough to run modern-day slave shops and no one cares.
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07-09-2021, 07:25 AM
#5000
Originally Posted By Destor
Oil back up brahs

Forecasting hitting pre-pandemic demand by Q1 2022 and supply will be nowhere near pre-pandemic levels. Labour market here has been highly disrupted since 2014 and even moreso since COVID, I sense some good times coming in the oil patch for those of us that are still around.
excited for the supply squeeze and cheap V8 powered cars in 2022
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07-09-2021, 07:31 AM
#5001
Originally Posted By MinisterOfLust
Small moon mission ahead
I don’t doubt it at all.
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07-09-2021, 07:32 AM
#5002
Originally Posted By Lefticle
I hit that dip perfectly yesterday so far. Mirin myself.
i timed perfectly but with the wrong toll… puts lol
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07-09-2021, 07:51 AM
#5003
Originally Posted By camaleom
i timed perfectly but with the wrong toll… puts lol

See title.

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07-09-2021, 08:21 AM
#5004
Originally Posted By Destor
Oil back up brahs

Forecasting hitting pre-pandemic demand by Q1 2022 and supply will be nowhere near pre-pandemic levels. Labour market here has been highly disrupted since 2014 and even moreso since COVID, I sense some good times coming in the oil patch for those of us that are still around.

Absolutely no one saw this coming
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07-09-2021, 09:39 AM
#5005
Picked up FARYF and DNUT yesterday morning and just sold for some quick gains. Second round with DNUT lol
I probably banged your mom.

Eat the whole animal like a real man.
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07-09-2021, 09:51 AM
#5006
Brutal for bears.

Getting flashbacks to when I used to be a fkin perma-bear back in early Jan 2018.

Gettin anal'd every day and then flipped sides at the very end and bought AAPL calls before XIV exploded in Feburary.

Thankful for getting out of that mindset.

Originally Posted By W1LLW
Spy puts go brrrr
lulz
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07-09-2021, 10:30 AM
#5007
Originally Posted By MinisterOfLust
So what happened to cannabis stocks? A few months ago that was the talk of the town
As someone on the ground regarding recreational cannabis, it’s laughable to think anyone will let some Canadian soy boys penetrate the US market meaningfully and exist for a decade plus.

Just wait when they find out the US won’t legalize federally and will leave it a state issue.

People already running ops to expose companies run by ex-law enforcement, white trust fund kids, etc.

We haven’t held the game for over 5 decades to loosen the grip now. It’s kartel $$ flowing into state legislatures to legalize.

Companies like Reef, Cookies, Jungle Boyz, etc. will control the market with some medium sized local players. Fuk, I’m wearing a Jungle Boyz hat right now that I wore to the gym this morning, srs.
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07-09-2021, 11:08 AM
#5008
Originally Posted By Arem24
As someone on the ground regarding recreational cannabis, it’s laughable to think anyone will let some Canadian soy boys penetrate the US market meaningfully and exist for a decade plus.

Just wait when they find out the US won’t legalize federally and will leave it a state issue.

People already running ops to expose companies run by ex-law enforcement, white trust fund kids, etc.

We haven’t held the game for over 5 decades to loosen the grip now. It’s kartel $$ flowing into state legislatures to legalize.

Companies like Reef, Cookies, Jungle Boyz, etc. will control the market with some medium sized local players. Fuk, I’m wearing a Jungle Boyz hat right now that I wore to the gym this morning, srs.
I agree with you on the Canada soy boys, but you don't think the big boyo MSO's will come out on top? TerrAscend, Curaleaf. Green Thumb Industries?
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07-09-2021, 11:09 AM
#5009
Think I might move my entire portfolio into a cash position. My wife and I aren't getting the vaccine, and soon might be stuck with a choice to either get it, or lose careers. In this case, we still aren't getting it and If I need to tap into my investments to sustain for a few years, I don't want it to be at a time when the market crashes, which seems almost guaranteed to happen within the next year. Its been a good run, and maybe once the threat of "Get the vax or have your life ruined" is over, i'll dump it all back into index funds, 10k a month until its all back in.

IDK, starting to get a little nervous about this country's future, and more importantly, my own.
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07-09-2021, 11:20 AM
#5010
Originally Posted By PermaBulk610
Think I might move my entire portfolio into a cash position. My wife and I aren't getting the vaccine, and soon might be stuck with a choice to either get it, or lose careers. In this case, we still aren't getting it and If I need to tap into my investments to sustain for a few years, I don't want it to be at a time when the market crashes, which seems almost guaranteed to happen within the next year. Its been a good run, and maybe once the threat of "Get the vax or have your life ruined" is over, i'll dump it all back into index funds, 10k a month until its all back in.

IDK, starting to get a little nervous about this country's future, and more importantly, my own.
Just two more weeks bro
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