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» **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
10-25-2021, 10:33 AM
#9721
back in PHUN ~280 @ 8.68.
Can this bs just pop like $5-8 for me please….
Can this bs just pop like $5-8 for me please….
10-25-2021, 10:35 AM
#9722
everything in my list green af - can't complain
thanks Biden :P
thanks Biden :P
"Paper money is going away" - EM
10-25-2021, 10:37 AM
#9723
Originally Posted By TugOfPeace⏩
Yea, I know short sellers are needed for an efficient market but sometimes it just makes me rage seeing such selling pressure close to a target. I mean, it's going to hit $1000, why not just let it run and join in on the uptrend. Instead they have to be ****g0t bears lol
I think shorts will step in once it's past $1000. It's not ridiculously shorted right now.
10-25-2021, 10:46 AM
#9724
Originally Posted By Carbonfibre⏩
We have massive inflation going right now. Obviously not hyperinflation in the US yet, but given the current road we are going down without proper shifts in policy we are running straight for it. But lets keep passive multi-trillion dollar bills through congress for all sorts if idiotic plans. If we just give everyone enough money everything becomes ok right???
I mean VIX is dead. Its pre covid level.
This is the new norm until fed stops holding market up.
Also how did we go from inflation to hyperinflation now? The phuck.
Transitory and now inflation and that twitter twat says hyperinflation and people now believing it?
This is the new norm until fed stops holding market up.
Also how did we go from inflation to hyperinflation now? The phuck.
Transitory and now inflation and that twitter twat says hyperinflation and people now believing it?
I see it in every facet of my life right now and its pretty horrifying. Wages are skyrocketing because no one wants to work in whole sectors. Costs of goods are going up dramatically. Housing is nuts, food is getting expensive even at grocery stores, and even fuel/utilities are going up. Before the last 5-6 months OT at my fortune 50 company was more or less strictly forbiden to keep costs down. Now it is a free for all get as much OT as you want because there is a fukton of work that needs to get done and not even close to enough people. 1.5x earnings for 10-30 hours a week when previously they didn't allow any OT.
I've been going on and on about inflation being worse than anyone believes, but most of what I said has been ignored. This is why I am heavily invested in oil right now even though people ITT seem to think I am incredibly wrong for doing so.
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10-25-2021, 11:05 AM
#9725
Originally Posted By TugOfPeace⏩
They will jack up interest rates. Fast.
There have to be some smart, smart economists giving out all kinds of warning signals to the decision makers that we're in a bad spot. There has to be some kind of checks and balances to prevent us from entering hyperinflation.. surely someone knows where the limit to this kind of policy is and our government will take action accordingly.. right guise?
Fitness connoisseur
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10-25-2021, 11:12 AM
#9726
I was told QQQ was gonna roll over today
10-25-2021, 11:15 AM
#9727
Originally Posted By RobParks2M⏩
We have massive inflation going right now. Obviously not hyperinflation in the US yet, but given the current road we are going down without proper shifts in policy we are running straight for it. But lets keep passive multi-trillion dollar bills through congress for all sorts if idiotic plans. If we just give everyone enough money everything becomes ok right???
I see it in every facet of my life right now and its pretty horrifying. Wages are skyrocketing because no one wants to work in whole sectors. Costs of goods are going up dramatically. Housing is nuts, food is getting expensive even at grocery stores, and even fuel/utilities are going up. Before the last 5-6 months OT at my fortune 50 company was more or less strictly forbiden to keep costs down. Now it is a free for all get as much OT as you want because there is a fukton of work that needs to get done and not even close to enough people. 1.5x earnings for 10-30 hours a week when previously they didn't allow any OT.
I've been going on and on about inflation being worse than anyone believes, but most of what I said has been ignored. This is why I am heavily invested in oil right now even though people ITT seem to think I am incredibly wrong for doing so.
I see it in every facet of my life right now and its pretty horrifying. Wages are skyrocketing because no one wants to work in whole sectors. Costs of goods are going up dramatically. Housing is nuts, food is getting expensive even at grocery stores, and even fuel/utilities are going up. Before the last 5-6 months OT at my fortune 50 company was more or less strictly forbiden to keep costs down. Now it is a free for all get as much OT as you want because there is a fukton of work that needs to get done and not even close to enough people. 1.5x earnings for 10-30 hours a week when previously they didn't allow any OT.
I've been going on and on about inflation being worse than anyone believes, but most of what I said has been ignored. This is why I am heavily invested in oil right now even though people ITT seem to think I am incredibly wrong for doing so.
Inflation is here and always been here the word 'transitory' is just used to prevent panic but this is not hyperinflation.
Hyperinflation would be 50+ percent increase price of goods month over month.
Is every metric increasing here? month over month?
https://www.bls.gov/news.release/cpi.nr0.htm
Next week Fed will announce taper very likely.
Interest rate hike next year probably q4.
They have been removing money from the market with repo for while.
Btw guess what happens when oil goes $100+ ?
We go from inflation to stagflation.
Its easier to swim with the current than against it.
Atm market is printing why get scared because one guy is saying otherwise.
If market is green you ride that train if its getting overbought or you feel like this will crash pull out and wait.
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10-25-2021, 11:23 AM
#9728
Originally Posted By thatsnarf⏩
back in PHUN ~280 @ 8.68.
Can this bs just pop like $5-8 for me please….
Can this bs just pop like $5-8 for me please….
RIP in peace
-always pick 4 crew
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10-25-2021, 11:25 AM
#9729
Originally Posted By monty097⏩
don't worry, once panic sets in i can double down, or even triple down and bag hold.
RIP in peace
we're just gonna ignore TSLA is straight murdering???? 250% crew
10-25-2021, 11:34 AM
#9730
here we go again shades of 2020 repeating here.
There is massive gamma squeeze on Tesla. 2 million (not error) calls opened today in tesla vs 700K puts.
This is looking like short cover of those that had $800C/$900C and now rolling them or closing them.
$1000C
$1050C
$1100C
All have gigantic volume with small OI.
If this continues they could ram this to $1200 in days time.
There is massive gamma squeeze on Tesla. 2 million (not error) calls opened today in tesla vs 700K puts.
This is looking like short cover of those that had $800C/$900C and now rolling them or closing them.
$1000C
$1050C
$1100C
All have gigantic volume with small OI.
If this continues they could ram this to $1200 in days time.
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10-25-2021, 11:38 AM
#9731
After I sold my BKKT $10c for $2.75 I bought 200 warrants for $3.80 then paper handed them away for $3.90… holy fuk lmao
EDIT: Imagine thinking markets go down lmao
EDIT: Imagine thinking markets go down lmao
Fitness connoisseur
0.4 mg of party's over wake the FK up!
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10-25-2021, 11:43 AM
#9732
the gain porn wsb is gonna have on tesla is gonna be nuts.
$1000C expiring this Friday were ~$1-1.5 this morning
they peaked today at $60 each lmao
$1000C expiring this Friday were ~$1-1.5 this morning
they peaked today at $60 each lmao
- Carbonfibre
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10-25-2021, 11:44 AM
#9733
Originally Posted By thatsnarf⏩
dats it mane
don't worry, once panic sets in i can double down, or even triple down and bag hold.
10-25-2021, 11:53 AM
#9734
AMZN has become 20% of my portfolio (srs) my largest holding by far
hoping for another leg up here if AWS can keep growing at 30% YoY…
I've actually been selling some QQQ and VOO today to buy more AMZN (srs)
hoping for another leg up here if AWS can keep growing at 30% YoY…
I've actually been selling some QQQ and VOO today to buy more AMZN (srs)
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10-25-2021, 12:00 PM
#9735
Originally Posted By SouthDakotaBrah⏩
don't forget NVDA for a behemoth/obvious/safe play.
AMZN has become 20% of my portfolio (srs) my largest holding by far
hoping for another leg up here if AWS can keep growing at 30% YoY…
I've actually been selling some QQQ and VOO today to buy more AMZN (srs)
hoping for another leg up here if AWS can keep growing at 30% YoY…
I've actually been selling some QQQ and VOO today to buy more AMZN (srs)
Spoiler alert; you die at the end.
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- Buy high, sell higher.
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10-25-2021, 12:09 PM
#9736
Originally Posted By RobParks2M⏩
its time
Why does everything feel euphoric? Everything is going to the moon allllll at the time same. Hyperinflation doesn't exist though right? Just checking for the Libs controlling monetary policy/government.
10-25-2021, 12:20 PM
#9737
Originally Posted By HMFIC_BROWSIN⏩
if u are not in nvda are u really investing? that is like a 401k stonk lol u can't go wrong - plus Nancy is heavy on that one hahaha
don't forget NVDA for a behemoth/obvious/safe play.
"Paper money is going away" - EM
10-25-2021, 12:29 PM
#9738
Just got back into DWAC at $85 lol, in4 another run.
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10-25-2021, 01:06 PM
#9739
More days like today please; lettuce finish out OCT.
BTFO all the "omg it's like October 1929 or 1987"cels.
BTFO all the "omg it's like October 1929 or 1987"cels.
Spoiler alert; you die at the end.
- HMFIC_BROWSIN
- Buy high, sell higher.
- HMFIC_BROWSIN
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10-25-2021, 02:24 PM
#9740
Citadel vs SEC today
Citadels lawyer lol..
Citadel attorney: “latency arbitrage is absolutely no issue”
Judge: “Are you arguing latency arbitrage isn’t an issue?”
Citadel attorney: “No maybe it was a decade ago”
Citadel a decade ago said it was an issue.
Citadel said payment for order flow was an issue in 2004.
Now that they make billions from it, it is no longer an issue. Lol wtf
God forbid high frequency traders have a tiny delay and can’t front run retail traders as much.
Citadels lawyer lol..
Citadel attorney: “latency arbitrage is absolutely no issue”
Judge: “Are you arguing latency arbitrage isn’t an issue?”
Citadel attorney: “No maybe it was a decade ago”
Citadel a decade ago said it was an issue.
Citadel said payment for order flow was an issue in 2004.
Now that they make billions from it, it is no longer an issue. Lol wtf
God forbid high frequency traders have a tiny delay and can’t front run retail traders as much.
10-25-2021, 04:51 PM
#9741
Originally Posted By Carbonfibre⏩
Think of Tesla as a software company more than an automotive company. If Hertz was smart they would have Tesla re-program the vehicle's power output pretty easily for their fleet.
lmao this article is pretty funny
Hertz is what 2-3 months out of bankruptcy and makes $4+ billion order
What happens when retard customers run out of charge?
or
They imagine the amount of tires they will burn testing that 0-60 time
https://www.bloomberg.com/news/artic...p?srnd=premium
Hertz is what 2-3 months out of bankruptcy and makes $4+ billion order
What happens when retard customers run out of charge?
or
They imagine the amount of tires they will burn testing that 0-60 time
https://www.bloomberg.com/news/artic...p?srnd=premium
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10-25-2021, 05:25 PM
#9742
As an oldcel I remember all this hyper inflation talk since before many of you were born…
Take that talk with a grain of salt.
Not saying it’s not gonna happen, but just sayin.
I remember all these morons like Peter stiff and Robert Kawasaki or whatever, screaming about inflation telling people to buy gold, dismissing bitcoin… these retards cost lots of people lots of money.
Take that talk with a grain of salt.
Not saying it’s not gonna happen, but just sayin.
I remember all these morons like Peter stiff and Robert Kawasaki or whatever, screaming about inflation telling people to buy gold, dismissing bitcoin… these retards cost lots of people lots of money.
10-25-2021, 05:38 PM
#9743
Originally Posted By kusok⏩
100% this.
I remember all these morons like Peter stiff and Robert Kawasaki or whatever, screaming about inflation telling people to buy gold, dismissing bitcoin… these retards cost lots of people lots of money.
Even Buffett was an inflation paniccel at one point, but he still invested lol.
I read a lot of old market analysis books from 40-50 years ago and there's always a chapter dedicated to inflation fear mongering. I LOL every time.
Spoiler alert; you die at the end.
- HMFIC_BROWSIN
- Buy high, sell higher.
- HMFIC_BROWSIN
- Buy high, sell higher.
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10-25-2021, 06:22 PM
#9744
What are the most common 2-3 technical indicators you guys who day/swing trade use?
10-25-2021, 06:33 PM
#9745
Originally Posted By HMFIC_BROWSIN⏩
why would you not be invested if you think inflation is worse than admitted? Assets are the name of the game. property, equity, oil, bitcoin.
100% this.
Even Buffett was an inflation paniccel at one point, but he still invested lol.
I read a lot of old market analysis books from 40-50 years ago and there's always a chapter dedicated to inflation fear mongering. I LOL every time.
Even Buffett was an inflation paniccel at one point, but he still invested lol.
I read a lot of old market analysis books from 40-50 years ago and there's always a chapter dedicated to inflation fear mongering. I LOL every time.
I'd be out here crushing it if I wasn't paper handing my winners like those BKKT $10C I sold this morning.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
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10-25-2021, 06:36 PM
#9746
ok srs
when do we start shortin chit and what are we shortin
when do we start shortin chit and what are we shortin
10-25-2021, 07:06 PM
#9747
Originally Posted By TugOfPeace⏩
It's likely why institutional investors and billionaires are buying land like they're MAD. And it's for a reason. They know what's coming…
if you took a stock like amazon for example, which has a massive amount of physical assets - distribution networks, offices, vehicles, warehouses, products, etc - and let's say hyperinflation finally hit one day - theoretically wouldn't the dollar value of those physical assets moon to something crazy, thereby increasing the valuation / stock price of amazon by an equally substantial amount? so if someone were shorting amazon at that particular moment they could be in big trouble? makes me second guess shorting overnight atleast, if true
IDK if we'll see hyper inflation where the dollar becomes worthless, but it's seeming more likely by the day. I think we will see a mass amount of inflation tho.
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10-25-2021, 07:17 PM
#9748
Originally Posted By slr3016⏩
Honestly, I would strongly discourage you from attempting to day trade. You will consistently lose money for the first 3 years unless you have an excellent trading platform, can process information efficiently and stick to one or two tickers. Any ******* who says Oh I made x% trading the last 2 years, come at me in a few years when were not deep in a bull run and see where youre at. Daytrading is not fun.
What are the most common 2-3 technical indicators you guys who day/swing trade use?
Having said that 20 ema and macd and Heiken Ashi candlesticks are all you need. The rest is studying, plotting and exit strategies.
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10-25-2021, 07:19 PM
#9749
Originally Posted By TugOfPeace⏩
I did in fact say that we aren't yet, but whatever. I guess double digit inflation % gains in multiple categories doesn't qualify as anything but transitory. Believe what you want, but it is getting worse.
Thought I'd chime in - don't think Rob was saying we're in hyperinflation right now.
@slamt shorting is hard AF right now. If I had to pick my top 2 are Target and Apple.
1. Target cannot pass on added costs on fast enough. Chartering ships to move product into alternate ports, added fuel costs, and added labor costs all are unusual expenses and they cannot jack their prices up fast enough to accommodate these. In addition- they STILL cannot get product on the shelves fast enough. Sales should drop due to this. I don't know how the next quarterly will look if it will reflect the struggles to keep product on the shelves, but I think their guidance is going to reflect a massive cut and profits might miss as well. Target has had a pretty solid run up so could try getting the timing right and hope for the best there.
2. Apple's only issue is shortages of products due to power problems in China and perhaps a drop in profits from app store after losing their lawsuit. Also, likely low short interest so potential for any issues to be a surprise and lead to profit taking/people piling into short positions.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
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10-25-2021, 07:35 PM
#9750
Originally Posted By topperstyle⏩
What is on the top of the WSB page.
Green candle
Bigger green candle
Bigger green candle
Fitness connoisseur
0.4 mg of party's over wake the FK up!
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