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22,081,388 Views | 224431 Replies | Last: 43 min ago by nortex97
moses1084ever
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AG
Stocks up. Gold up, silver up, oil up. I try to avoid rationalizing the day to day movements of markets but hmmm ::chin scratch emoji::

Trump going to release a stimulus package that involves refilling the SPR AND Fort Knox?
Rice and Fries
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Ragoo said:

Rice and Fries said:

This is literally the worst unemployment crisis in US history and it astounds me that people are so chipper when corona is going to keep us closed until May. Meaning many Americans will be TWO months behind on rent, mortgage, debt payments.

And we are expecting the ability to just jump back to the same level of consumer spending to sustain life as before?

The biggest difference between now and Sept. 11 is that 9/11 didn't happen ~11 years into a record Bull Run market.
worst?

Might read some History comrade
https://www.wsj.com/articles/jpmorgan-ceo-writes-in-shareholder-letter-expecting-a-bad-recession-11586176451

gig em 02
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No capital gains taxes on any investments made in the next 6 months and held for over a year. Rrriiiiiipppp.

Just something I'm hoping for.
Ragoo
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Needed a winner after Friday. Took spy $260c for a quick $260 winner.
BB675
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AG
What's the play today?
McInnis 03
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HUGE freaking block of AAPL 270C's for this Friday just went through.
AnyOtherName
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LADR crew that went in during the 3.00s from Friday...I chickened out. well done. Let LK yank on my chain for too many days.
McInnis 03
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LK has gone completely toxic, anyone bailing out on these lotto tickets?
AgOutsideAustin
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AG
The bottom is in so buy buy buy !
gougler08
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McInnis 03 said:

LK has gone completely toxic, anyone bailing out on these lotto tickets?
Bleh, glad I didn't play much on it...will probably hold in case they do announce earnings this week as was indicated and see how it goes
thirdcoast
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McInnis 03 said:

LK has gone completely toxic, anyone bailing out on these lotto tickets?


Just heard Goldman had a margin loan go into default and they had to sell 76M ads on LK.....
La Bamba
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SPY on 260. Let's see what it does versus 263.
Carlo4
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La Bamba said:

SPY on 260. Let's see what it does versus 263.
Ditto. Figure it's off to test it again and see what happens.
AnyOtherName
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thirdcoast said:

McInnis 03 said:

LK has gone completely toxic, anyone bailing out on these lotto tickets?


Just heard Goldman had a margin loan go into default and they had to sell 76M ads on LK.....
what does that mean? "76M ads on LK"
thirdcoast
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AG
https://www.investopedia.com/terms/a/ads.asp

My guess is that LK ADS selling could have impact on sp...
Charismatic Megafauna
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well my teva buys from friday were an easy/quick 60%

anybody who knows bio tell me what's fundamentally different between codx and lmnx, and the emergency authorizations they both got friday? could lmnx be a sleeper?
Chipotlemonger
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AG
claym711 said:

It is, by far, the worst 2 weeks of unemployment data ever. Higher by around 900%.

The only thing holding the market up is the Fed's printer press, and a hefty helping of socialism.


I thought you just said % +/- doesn't matter on that other thread.
Charismatic Megafauna
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McInnis 03 said:

LK has gone completely toxic, anyone bailing out on these lotto tickets?
mine will unload themselves on friday
Aggie_2463
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I haven't been following LK but is there a point to buy or is this one just a stay away at all costs?
ProgN
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If TLRY hits $7.30 on good volume it could fly
leoj
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There are hundreds of stocks to trade, I don't know why you would mess around with one that just committed massive corporate fraud by making up revenue.
ProgN
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Aggie_2463 said:

I haven't been following LK but is there a point to buy or is this one just a stay away at all costs?
IMO, LK at these levels is relatively safe. The physical stores are still operating and growing in China. They will still be a competitor for Starbucks. The shorts will have to cover when it recovers.
ProgN
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They're buying the hell out of the semis today.
drill4oil78
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gig em 02 said:

No capital gains taxes on any investments made in the next 6 months and held for over a year. Rrriiiiiipppp.

Just something I'm hoping for.
Keep hoping .... Demwit controlled House would never let that happen and there is not 60 votes in the Senate.
Fightin_Aggie
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Exsurge Domine said:

thirdcoast said:

Remember that guy who had a live panic attack on CNBC and claimed millions would die ...




He closed out his short positions
Can this guy get the Crassus treatment for his troubles?

What a complete and total asshat.
The world needs mean tweets

My Pronouns Ultra and MAGA

Trump 2024
jh0400
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This market is nuts.

I put on a trade of long SPY 0619 $251 call and short SPY 0619 $248 put for a net premium outflow of $18 on Friday and closed both sides this morning for a $5,000 profit.
ProgN
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I wish she would STFU
McInnis 03
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jh0400 said:

This market is nuts.

I put on a trade of long SPY 0619 $251 call and short SPY 0619 $248 put for a net premium outflow of $18 on Friday and closed both sides this morning for a $5,000 profit.
I bought some IWM puts this morning and am up $14.50.
Exsurge Domine
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Wew. Out of everything and up $4,200 today. Going to wait for another panic news sell off
aeroag14
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So is the consensus that the bottom is in? Or is that just a select few here who believe that?
Exsurge Domine
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aeroag14 said:

So is the consensus that the bottom is in? Or is that just a select few here who believe that?


I think 18,200 was the bottom, but we'll have at least another few big red days.
Ragoo
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Exsurge Domine said:

Wew. Out of everything and up $4,200 today. Going to wait for another panic news sell off
sold the HP calls?
IrishTxAggie
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aeroag14 said:

So is the consensus that the bottom is in? Or is that just a select few here who believe that?
Personally, I believe the bottom is in. But with the caveat that it will be revisited.
Ragoo
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jh0400 said:

This market is nuts.

I put on a trade of long SPY 0619 $251 call and short SPY 0619 $248 put for a net premium outflow of $18 on Friday and closed both sides this morning for a $5,000 profit.
awesome
Exsurge Domine
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Ragoo said:

Exsurge Domine said:

Wew. Out of everything and up $4,200 today. Going to wait for another panic news sell off
sold the HP calls?


Yes, mainly because they popped a bit this morning and I think Russia is going to rope a dope one more time, and send things back low, so will be a chance to buy back.
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