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Thread: **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition

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09-28-2021, 09:17 AM
#8401
Just when you think you are going to make it… God I hate red days
Dallas Mavericks
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09-28-2021, 09:20 AM
#8402
Bought 61 shares of MSFT$ @ $284.57


Set and forget on this one
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09-28-2021, 09:32 AM
#8403
Originally Posted By W1LLW⏩
No new all time highs in SPY until gov raises debt ceiling orrrr?

Pretty much


But we shouldn’t be increasing it imo for the long term good.


Short term I want my stonks to go up!
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09-28-2021, 09:34 AM
#8404
Originally Posted By MountainLion84⏩
Bought 61 shares of MSFT$ @ $284.57


Set and forget on this one
That's it?
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09-28-2021, 09:35 AM
#8405
Originally Posted By twovalvekid⏩
That's it?
I'm not a big fish like you mang
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09-28-2021, 09:36 AM
#8406
Originally Posted By MountainLion84⏩
I'm not a big fish like you mang
Im only trolling booface.
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09-28-2021, 09:37 AM
#8407
Originally Posted By twovalvekid⏩
Im only trolling booface.
Not sucking dik here but low key I like reading what you're trading….. seem to be level headed
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09-28-2021, 09:43 AM
#8408
Why is everything red today?
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09-28-2021, 09:46 AM
#8409
Originally Posted By MountainLion84⏩
Not sucking dik here but low key I like reading what you're trading….. seem to be level headed
Im a firm believer in slow and steady wins the race.
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09-28-2021, 09:48 AM
#8410
well next month is gonna be crap

October 18th looks like date when treasury will run out of emergency funds to pay off debt

debt ceiling was put back in place last month

if they don't increase it market is gonna implode

(they will come together last minute as usual to raise it but everything up to that october 18th might be nothing but volatility)






https://www.cnbc.com/2021/09/28/cong...len-warns.html
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09-28-2021, 09:52 AM
#8411
Originally Posted By Carbonfibre⏩
well next month is gonna be crap

October 18th looks like date when treasury will run out of emergency funds to pay off debt

debt ceiling was put back in place last month

if they don't increase it market is gonna implode

(they will come together last minute as usual to raise it but everything up to that october 18th might be nothing but volatility)






https://www.cnbc.com/2021/09/28/cong...len-warns.html
Sooooo wait for the next big couple of up days and unload, then sit on the sideline until October 19.
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09-28-2021, 09:55 AM
#8412
Originally Posted By Carbonfibre⏩
well next month is gonna be crap

October 18th looks like date when treasury will run out of emergency funds to pay off debt

debt ceiling was put back in place last month

if they don't increase it market is gonna implode

(they will come together last minute as usual to raise it but everything up to that october 18th might be nothing but volatility)






https://www.cnbc.com/2021/09/28/cong...len-warns.html

Yep


I’m not expecting anything amazing, but I think the market will bounce back a bit tomorrow.
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09-28-2021, 10:15 AM
#8413
Originally Posted By twovalvekid⏩
Sooooo wait for the next big couple of up days and unload, then sit on the sideline until October 19.

sure looks like that from that article



let me expand on this.

here is history of recent debt ceiling talk

(if keeping score republican presidents have raised debt 49 times / democrat 29 times)

never in history has there been default




https://bipartisanpolicy.org/debt-limit-history/


someone should look into those near misses and how market reacted leading up to deadline.

from memory 2019 we had pullback in market due to it.



if for whatever reason there was even default everything would be get massive haircut not just stocks / real estate etc

sp would be going -30 percent down

https://www.moodysanalytics.com/-/me...debt-limit.pdf


now that doom and gloom is out of way. (won't happen imo)


realistic path is probably few government shut downs here and there nothing but political fear and uncertainty till they agree last second.

republicans will say oh my god think of the children debt is too high etc. just political posturing





from today till that deadline we are gonna be having high volatility in stock market

probably dangerous game for anyone buying short options or quick swing trades.
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09-28-2021, 10:19 AM
#8414
Originally Posted By Carbonfibre⏩
sure looks like that from that article
Perfect timing. Can sell and get some new house upgrades done and not have to come out of pocket.
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09-28-2021, 10:31 AM
#8415
Nancy looking all you fools that didn't load up during the nvda dip…

"Paper money is going away" - EM
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09-28-2021, 10:41 AM
#8416
Just got in, Cliffs on what's happened today to bless us with another opportunity to load up on PLTR?
He/Him/Bro
Let's go Brandon!!
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09-28-2021, 11:43 AM
#8417
fk im down so much to afraid to log in to see my losses.. from my ATH im down like 100k USD which is like 1.5 years salary hold me brahs
will just hodl my ****ty growth, tech, meme and chinese stocks
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09-28-2021, 11:49 AM
#8418
"*Walter Bloomberg:
1m
REPUBLICANS IN U.S. SENATE BLOCK VOTE SOUGHT BY DEMOCRATS TO SUSPEND FEDERAL DEBT CEILING"

Thanks Biden…
"Paper money is going away" - EM
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09-28-2021, 11:54 AM
#8419
Originally Posted By camaleom⏩
"*Walter Bloomberg:
1m
REPUBLICANS IN U.S. SENATE BLOCK VOTE SOUGHT BY DEMOCRATS TO SUSPEND FEDERAL DEBT CEILING"

Thanks Biden…
of course.

























expected

opposition job is to disagree with everything


they will pass it last day or week just watch
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09-28-2021, 11:57 AM
#8420
Originally Posted By Carbonfibre⏩
of course.

they will pass it last day or week just watch
10000%
"Paper money is going away" - EM
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09-28-2021, 12:08 PM
#8421
I was avg 46 at bros now at 44… #feelsgoodmang

jfl if u are not selling your pltr to get in bros

jfl if u are not selling your pltr to get in afrm too
"Paper money is going away" - EM
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09-28-2021, 12:09 PM
#8422
Originally Posted By Carbonfibre⏩
sure looks like that from that article



let me expand on this.

here is history of recent debt ceiling talk
^^^Intredasting…..

Originally Posted By camaleom⏩
10000%
I dunno man…. these fuktards have consistently surprised me for almost 2 years now on almost every single thing they've done. Truly staggering levels of retardation.
Spoiler alert; you die at the end.
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09-28-2021, 12:35 PM
#8423
told ya boyos…tech gonna crash hard…buy commodities (Oil, gold, natty gas, uranium ect )
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09-28-2021, 12:49 PM
#8424
Just bought a Nov. put on CLF. I think it's definitely far from bottoming, especially seeing how it's rejecting prior support.
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09-28-2021, 01:01 PM
#8425
Originally Posted By VegasLifter26⏩
told ya boyos…tech gonna crash hard…buy commodities (Oil, gold, natty gas, uranium ect )
Yup! Just picked up some $OIL and $UCO options. They shall print. Bank of America is now predicting triple digit price per barrel, highest level since 2015 already. Demand is strong, supply falling, if this continues we see 100 I'm sure. Goldman guidance is 100+ per barrel. Winter will strengthen demand greatly and naturally sector will perform well. $GUSH is on my buy list as well. All options though so I'm just yolo'ing cause fuk it .
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09-28-2021, 01:12 PM
#8426
Let’s see how badly Harry regrets dumping his SU calls
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09-28-2021, 01:20 PM
#8427
Sold the last bit of Fern yesterday, up 15+% today LOL. I kept like $95 worth for chits and giggles = $14.75 today. going to buy me a 6" subway and a tall boy of PBR later to celebrate
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09-28-2021, 01:22 PM
#8428
If qqq breaks below major support at $348, itll be off to $295
https://imgur.com/a/L7wOYCH
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09-28-2021, 01:34 PM
#8429
Originally Posted By MotorCityCobra⏩
fk im down so much to afraid to log in to see my losses.. from my ATH im down like 100k USD which is like 1.5 years salary hold me brahs
will just hodl my ****ty growth, tech, meme and chinese stocks
I lost half my portfolio utilizing the "buy calls on the dips, free money" strat dead fkin srs
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09-28-2021, 01:39 PM
#8430
Still hovering 1% within all time high, why is everyone freaking out? Is it because they invest in nonsense “growth and tech stonks that don’t make any money” *laughs whilst hugging a barrel of crude*
STEM Wagie Brah
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