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**OFFICIAL** Trading and Investing Thread: Part XVI -- BAG HOLDING EDITION
05-29-2023, 03:28 PM
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#3541
- 2020Wellness
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- 2020Wellness
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Originally Posted By baroni01⏩
Hustle and grind.It's Memorial day, take the day
trainingwithryan.substack.com
05-29-2023, 08:44 PM
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#3542
- SaviorSelfJT
- clownslayer
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- SaviorSelfJT
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Anyone else thinking the market is going to the moon soon?
The concessions on the debt ceiling seem like they will be great for bringing inflation down. Student loans resuming, and additional work requirements for certain handouts. We’ll see if they pass
The concessions on the debt ceiling seem like they will be great for bringing inflation down. Student loans resuming, and additional work requirements for certain handouts. We’ll see if they pass
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05-29-2023, 10:27 PM
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#3543
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By SaviorSelfJT⏩
Everything from finance media has been bullish lately. Therefore I am bearish.Anyone else thinking the market is going to the moon soon?
The concessions on the debt ceiling seem like they will be great for bringing inflation down. Student loans resuming, and additional work requirements for certain handouts. We’ll see if they pass
The concessions on the debt ceiling seem like they will be great for bringing inflation down. Student loans resuming, and additional work requirements for certain handouts. We’ll see if they pass
Except on O&G. For real though student loans kicking back in is gonna suck a lot of $$$ out of the markets in one swoop AND will likely lower money going into indexes on a weekly basis. So based on this assumption short the big names that are heavily indexed.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
05-30-2023, 04:01 AM
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#3544
- MinisterOfLust
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Bag holders of Palantir, SOFI, IDEX.
SOON! Mp3
SOON! Mp3
05-30-2023, 07:41 AM
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#3545
05-30-2023, 08:04 AM
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#3546
- johnjohnforward
- Registered Phaggot
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- johnjohnforward
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nvidia bros where we at
Bills mafia
05-30-2023, 08:21 AM
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#3547
- SouthDakotaBrah
- SUPERNOVA
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- SouthDakotaBrah
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fuark brahs AVGO crushing it, up 100% from the dip last October, feels good brahs
05-30-2023, 08:45 AM
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#3548
05-30-2023, 09:17 AM
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#3549
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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remember late 2020/all of 2021.
where hedge funds created Meme basket of stocks that they would pump (all the charts would look same gme/amc/bbby/pltr/rkt etc)
there is now algo running on any stock that has anything to do with AI
msft/nvda/amd/c3ai/meta/pltr/(any semiconductor stock)
I dunno how far this can go because on one hand msft build conference was phucking insane (impressive) but on other hand you can feel FOMO is out of this world.
Everyone wants ride to heaven on AI.
Rug pulls tend to happen on fomo.
where hedge funds created Meme basket of stocks that they would pump (all the charts would look same gme/amc/bbby/pltr/rkt etc)
there is now algo running on any stock that has anything to do with AI
msft/nvda/amd/c3ai/meta/pltr/(any semiconductor stock)
I dunno how far this can go because on one hand msft build conference was phucking insane (impressive) but on other hand you can feel FOMO is out of this world.
Everyone wants ride to heaven on AI.
Rug pulls tend to happen on fomo.
05-30-2023, 10:04 AM
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#3550
05-30-2023, 10:09 AM
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#3551
- Lefticle
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- Lefticle
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Originally Posted By 5x10⏩
I have a feeling you'll be perfectly fine waiting. Likely even in a better spot.I’m up 165% of nvidia but I need to wait till July 16th to sell for long term capital gains vs short term
Tech will be the first sector to recover.
Always Neg Back Crew.
05-30-2023, 10:28 AM
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#3552
- hardestgainer
- Squats Barefoot
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- hardestgainer
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Nvidia hit one trillion Lolol the 2020’s will go down as the era of blatant and wreckless stock manipulation. No clue how long they can keep this going so I’m not even going to touch Puts but the entire stock market is basically a meme market fueled by Monopoly money
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05-30-2023, 11:08 AM
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#3553
- Carbonfibre
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- Carbonfibre
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Originally Posted By hardestgainer⏩
look at their ceoNvidia hit one trillion Lolol the 2020’s will go down as the era of blatant and wreckless stock manipulation. No clue how long they can keep this going so I’m not even going to touch Puts but the entire stock market is basically a meme market fueled by Monopoly money
selling the pump
he knows it too
05-30-2023, 11:10 AM
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#3554
Originally Posted By SaviorSelfJT⏩
Feels that way. Then recession is still on the horizon.Anyone else thinking the market is going to the moon soon?
The concessions on the debt ceiling seem like they will be great for bringing inflation down. Student loans resuming, and additional work requirements for certain handouts. We’ll see if they pass
The concessions on the debt ceiling seem like they will be great for bringing inflation down. Student loans resuming, and additional work requirements for certain handouts. We’ll see if they pass
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05-30-2023, 12:19 PM
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#3555
05-30-2023, 12:42 PM
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#3556
05-30-2023, 12:46 PM
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#3557
- SaviorSelfJT
- clownslayer
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- SaviorSelfJT
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I’m thinking longer term than that
So far the only “inflation fighting” our country has done has been in the form of monetary policy, raising interest rates. The fed really didn’t even do much QT like they said they would since they just bailed the banks out. Fiscal policy has been inflationary over the past few years, PPP loans, student loans paused, child tax credit etc. just giving money away like a firehose
As far as I can remember this will be the first bit of action on inflation done through fiscal policy done yet. I think it will have an impact. And then interest rates can stabilize or even come down some. If it causes a recession then we needed one anyway
So far the only “inflation fighting” our country has done has been in the form of monetary policy, raising interest rates. The fed really didn’t even do much QT like they said they would since they just bailed the banks out. Fiscal policy has been inflationary over the past few years, PPP loans, student loans paused, child tax credit etc. just giving money away like a firehose
As far as I can remember this will be the first bit of action on inflation done through fiscal policy done yet. I think it will have an impact. And then interest rates can stabilize or even come down some. If it causes a recession then we needed one anyway
Best lifts:
Bench press: 315x5
Squat: 465x1
Strict press: 205x5
Deadlift: 405x13 (conv tap'n'go with straps)
05-31-2023, 09:36 AM
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#3558
- 2020Wellness
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- 2020Wellness
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Had to scoop some TGT shares on sale this morning.
trainingwithryan.substack.com
05-31-2023, 09:42 AM
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#3559
- Carbonfibre
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- Carbonfibre
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imagine buying nvda at $400+
lmaooooo
lmaooooo
05-31-2023, 01:20 PM
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#3560
- RobParks2M
- mad hatter
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- RobParks2M
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Finally unloaded my sofi $6 CSP for june(was anticipating assignment). I had 12 CSP at various strikes and dates. Sold some $8cc for July for $38 and $9 CC for Oct at $55. I might have started selling CCs too early, but it’s only 1/4 of my position in total. If it hits 8 I’ll probably roll it out a little and add more CCs. This move higher has been a long time coming, but I won’t be floored if it stabilizes closer to $6. Seems like they always jump hard initially then grind lower over a couple months.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
05-31-2023, 01:40 PM
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#3561
- taf1968
- RIP GST
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- taf1968
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Originally Posted By RobParks2M⏩
The student loan moratorium and forgiveness shenanigans should get some clarity soon. Sounds like the debt ceiling bill has an end defined for the moratorium (60 days after it's signed) and then the SCOTUS should come out with a decision on the loan forgiveness fairly soon. And they haven't been very sympathetic to govt overreaching on creating new mandates via order/interpretation vs requiring congress to act. I would imagine all of that bodes well for SOFI.Finally unloaded my sofi $6 CSP for june(was anticipating assignment). I had 12 CSP at various strikes and dates. Sold some $8cc for July for $38 and $9 CC for Oct at $55. I might have started selling CCs too early, but it’s only 1/4 of my position in total. If it hits 8 I’ll probably roll it out a little and add more CCs. This move higher has been a long time coming, but I won’t be floored if it stabilizes closer to $6. Seems like they always jump hard initially then grind lower over a couple months.
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05-31-2023, 02:59 PM
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#3562
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By taf1968⏩
Something interesting I had read about the situation was that some silly people don’t care about what the interest rates are they just care about their monthly payments. I’m guessing even if their rates jump 1-3% they’d rather stretch their payments over more years than have the higher monthly payment they’ve been happy to live without the last 3 years. Almost all my loans have interest rates lower than Tbill interest rates so I’ll probably just pay minimums until I can’t make easy money loaning it out.The student loan moratorium and forgiveness shenanigans should get some clarity soon. Sounds like the debt ceiling bill has an end defined for the moratorium (60 days after it's signed) and then the SCOTUS should come out with a decision on the loan forgiveness fairly soon. And they haven't been very sympathetic to govt overreaching on creating new mandates via order/interpretation vs requiring congress to act. I would imagine all of that bodes well for SOFI.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
05-31-2023, 03:45 PM
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#3563
Originally Posted By RobParks2M⏩
I know a handful of people that bought at the absolute top price, and a family member just bought too. They have little financial literacy and yes, as long as they can afford the payment and the bank makes the loan, they couldn't care less. They don't care about timing or even understand interest rates, historical housing prices / interest rates. They were simply done renting. And I'd say this is the majority of people in our age group. I doubt they even realize they can refinance at a later date.Something interesting I had read about the situation was that some silly people don’t care about what the interest rates are they just care about their monthly payments. I’m guessing even if their rates jump 1-3% they’d rather stretch their payments over more years than have the higher monthly payment they’ve been happy to live without the last 3 years. Almost all my loans have interest rates lower than Tbill interest rates so I’ll probably just pay minimums until I can’t make easy money loaning it out.
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06-01-2023, 08:09 AM
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#3564
- GreatReset1
- Biden's America 🤡
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- GreatReset1
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Do you enjoy record inflation?
Do you like losing $$$ in the stock market?
Do you support Biden and Trudeau?
If you answered yes to these questions, you are most likely an CarbonCuck.
You deserve to live in misery and agony for existence because you voted for this.
Biden's America.
Do you like losing $$$ in the stock market?
Do you support Biden and Trudeau?
If you answered yes to these questions, you are most likely an CarbonCuck.
You deserve to live in misery and agony for existence because you voted for this.
Biden's America.
06-01-2023, 09:02 AM
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#3565
- SouthDakotaBrah
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- SouthDakotaBrah
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Japanese stocks taking off (srs). Love seeing my Daikin (DKILY) and Sony (SONY) stock go up, two great companies
06-01-2023, 01:23 PM
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#3566
- MinisterOfLust
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- MinisterOfLust
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Originally Posted By GreatReset1⏩
Who hurts you?Do you enjoy record inflation?
Do you like losing $$$ in the stock market?
Do you support Biden and Trudeau?
If you answered yes to these questions, you are most likely an CarbonCuck.
You deserve to live in misery and agony for existence because you voted for this.
Biden's America.
Do you like losing $$$ in the stock market?
Do you support Biden and Trudeau?
If you answered yes to these questions, you are most likely an CarbonCuck.
You deserve to live in misery and agony for existence because you voted for this.
Biden's America.
And
Go fist yourself ph0ggot
06-01-2023, 04:44 PM
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#3567
- sebackers
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- sebackers
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Originally Posted By sebackers⏩
Dear diary...
I can feel the gains coming soon boyos, of course I can also see the possibility of the market crashing a bit further down (15-20% ish more), but I'm leaning moreso towards some srs gainzz..
Had around 1.9 million ish a year ago, and obviously now I'm down to 830k, I've even dumped another 200k into the market since last year but most stonks only go down now :*(.

I recently YOLO'd HEAVY AF into options ayyyy lmao. You only YOLO once boyos.

Cheers boyos, hopefully this ****ty red tide turns green soon.
I can feel the gains coming soon boyos, of course I can also see the possibility of the market crashing a bit further down (15-20% ish more), but I'm leaning moreso towards some srs gainzz..
Had around 1.9 million ish a year ago, and obviously now I'm down to 830k, I've even dumped another 200k into the market since last year but most stonks only go down now :*(.

I recently YOLO'd HEAVY AF into options ayyyy lmao. You only YOLO once boyos.

Cheers boyos, hopefully this ****ty red tide turns green soon.
Originally Posted By Arem24⏩
Bro.... Move out of those positions NOW. You literally might have a 5 figure trading account shortly.
Immediately sell and take the tax benefits, and move the remaining cash into consumer defensive and 3%+ high yield blue chips. I don't want to see you rope.
Immediately sell and take the tax benefits, and move the remaining cash into consumer defensive and 3%+ high yield blue chips. I don't want to see you rope.
Originally Posted By Arem24⏩
This is the textbook on how idiots keep the IRS FAT, and themselves poor.
Originally Posted By Arem24⏩
Lulzzzz so much for all that bearish talk, more than doubled my account from back in October to about 1.8 mill, and just withdrew around 500k for some side shenanigans, sitting at 1.2 now and am in some safer plays but still have a couple yolos in there. I didn't hold onto that exact portfolio, I switched some things about but SOXL CALLS, and TQQQ CALLS, TESLA CALLS, were some major hitters for me.You might as well post a time stamp of 6/1/2023 and the number ZERO.
06-01-2023, 05:00 PM
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#3568
06-02-2023, 09:46 AM
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#3569
- sebackers
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- sebackers
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Originally Posted By Destor⏩
No idea if he does, but he ate his words and proved him wrong pretty hard.Does Arem even post here anymore?
How did your portfolio recover so strongly in "Biden's economy"
How did your portfolio recover so strongly in "Biden's economy"
I bought heavy soxl, tqqq, and tesla calls when they were dirt cheap, also did some easy yolo flips on the banking sector with the leveraged etfs like DPST.
also keep in mind things like soxl, tqqq, and dpst, are 3x leveraged stocks, so when you get calls on them its like 4.5-6x+ leverage, sold out of some over those leveraged ones way too soon and left way too much meat on the bone.
06-02-2023, 10:22 AM
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#3570
- Destor
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- Destor
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Originally Posted By sebackers⏩
The fact that this is still happening speaks to how much work remains for the higher interest rates and QT, there is still far too much money floating aroundNo idea if he does, but he ate his words and proved him wrong pretty hard.
I bought heavy soxl, tqqq, and tesla calls when they were dirt cheap, also did some easy yolo flips on the banking sector with the leveraged etfs like DPST.
also keep in mind things like soxl, tqqq, and dpst, are 3x leveraged stocks, so when you get calls on them its like 4.5-6x+ leverage, sold out of some over those leveraged ones way too soon and left way too much meat on the bone.
I bought heavy soxl, tqqq, and tesla calls when they were dirt cheap, also did some easy yolo flips on the banking sector with the leveraged etfs like DPST.
also keep in mind things like soxl, tqqq, and dpst, are 3x leveraged stocks, so when you get calls on them its like 4.5-6x+ leverage, sold out of some over those leveraged ones way too soon and left way too much meat on the bone.
You could have thrown a dart from October 2022 and be up 2x, or throw one dart at Nvidia and be up +250%
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