I want some of what he's smoking! Mother of God if he's right!

sounds like a cheap(ish) spread would be my play (after the drop). I won't touch those calls! (out of my league and comfort zone)

Piggybacking off the earlier chart but it's not impossible

$TSLA is the $QCOM of this generation's tech bubble.

$10K + in 2021 is doable.

See the thread below and judge for yourself.

1st comparison: Accumulation and breakthroughs of all major resistance trends on linear scale. https://t.co/xDjo8NzU83

TSLA dropped model Y price by $3000.

As if they need anymore good news

I have 1350 TSLA calls.

Careful w NQ equities. It's detached by nearly 3 SDEVs from long term MAs to the upside. We sent a warning to investors in January when S&P was similarly detached after the Fed initiated "not QE" and Fee-free trading rolled out.

djmeen95 said:

---

Grown Pear said:

---

ONTX - what's the best way to look up or verify trading by insiders? For example, on ONTX all I see is relatively small purchases from May and nothing more recent.

---

I just go to this page: https://sec.report/CIK/0001130598/Insider-Trades

Looks like a few happened July 10th

---

This is fantastic, thank you!

Just a heads up it looks like those transactions are stock appreciation rights given as a form of compensation and not outright share purchases by individuals. Could still be a good signal but not totally sure - They vest fully over 3 years 1/3 each year

Grown Pear said:

---

djmeen95 said:

---

Grown Pear said:

---

ONTX - what's the best way to look up or verify trading by insiders? For example, on ONTX all I see is relatively small purchases from May and nothing more recent.

---

I just go to this page: https://sec.report/CIK/0001130598/Insider-Trades

Looks like a few happened July 10th

---

This is fantastic, thank you!

Just a heads up it looks like those transactions are stock appreciation rights given as a form of compensation and not outright share purchases by individuals. Could still be a good signal but not totally sure - They vest fully over 3 years 1/3 each year

---

Yeah, probably just an LTIP.

My company 401k plan is changing and I just realized they are allowing us to more actively manage it now and actually invest/sell covered calls, etc.

Looking forward to taking a chunk out of the terrible Fidelity life fund and managing it more actively (only like 1/3, will leave other 2/3 in S&P500/Tech ETF)

Anybody here use Elliot wave? I don't but when I see it just seems like voodoo and only ever makes sense in hindsight. The forward projections just always seem like they could be literally anything with squiggly lines going anywhere. Seems to overcomplicate stuff but admit I'm pretty ignorant to it. Also seems to be stocktwit's technical of choice so not sure I could ever trust it.

gougler08 said:

---

My company 401k plan is changing and I just realized they are allowing us to more actively manage it now and actually invest/sell covered calls, etc.

Looking forward to taking a chunk out of the terrible Fidelity life fund and managing it more actively (only like 1/3, will leave other 2/3 in S&P500/Tech ETF)

---

I did this in Fall 2018. Best investing decision I've ever made.

Moved half to Fidelity brokerage link and left the rest split between S&P and blue chip fund. Kept maxing out contributions plus company match into the S&P and blue chip part. Brokerage link part is up 114% and now about 61% of the total even if you account for all the contributions and the gains of the other part.

I use an incredibly easy and simple strategy with it too. I think I've made less than 10 trades and they don't even allow covered calls in my plan.

59 South said:

---

gougler08 said:

---

My company 401k plan is changing and I just realized they are allowing us to more actively manage it now and actually invest/sell covered calls, etc.

Looking forward to taking a chunk out of the terrible Fidelity life fund and managing it more actively (only like 1/3, will leave other 2/3 in S&P500/Tech ETF)

---

I did this in Fall 2018. Best investing decision I've ever made.

Moved half to Fidelity brokerage link and left the rest split between S&P and blue chip fund. Kept maxing out contributions plus company match into the S&P and blue chip part. Brokerage link part is up 114% and now about 61% of the total even if you account for all the contributions and the gains of the other part.

I use an incredibly easy and simple strategy with it too. I think I've made less than 10 trades and they don't even allow covered calls in my plan.

---

I think in my fidelity brokerage link I am pretty restricted on what I can buy. I think it's just various fidelity funds. What are you able to dip into with brokerage link?

59 South said:

---

gougler08 said:

---

My company 401k plan is changing and I just realized they are allowing us to more actively manage it now and actually invest/sell covered calls, etc.

Looking forward to taking a chunk out of the terrible Fidelity life fund and managing it more actively (only like 1/3, will leave other 2/3 in S&P500/Tech ETF)

---

I did this in Fall 2018. Best investing decision I've ever made.

Moved half to Fidelity brokerage link and left the rest split between S&P and blue chip fund. Kept maxing out contributions plus company match into the S&P and blue chip part. Brokerage link part is up 114% and now about 61% of the total even if you account for all the contributions and the gains of the other part.

I use an incredibly easy and simple strategy with it too. I think I've made less than 10 trades and they don't even allow covered calls in my plan.

---

I know this is a trading thread but: I've got some old 401k's from previous employers that I need to: keep where it's at, roll over into current employer, or roll into a Roth. Reading all this makes me want to Roth it......

Literally any stock or ETF except my company stock.

astroaggie13 said:

---

59 South said:

---

gougler08 said:

---

My company 401k plan is changing and I just realized they are allowing us to more actively manage it now and actually invest/sell covered calls, etc.

Looking forward to taking a chunk out of the terrible Fidelity life fund and managing it more actively (only like 1/3, will leave other 2/3 in S&P500/Tech ETF)

---

I did this in Fall 2018. Best investing decision I've ever made.

Moved half to Fidelity brokerage link and left the rest split between S&P and blue chip fund. Kept maxing out contributions plus company match into the S&P and blue chip part. Brokerage link part is up 114% and now about 61% of the total even if you account for all the contributions and the gains of the other part.

I use an incredibly easy and simple strategy with it too. I think I've made less than 10 trades and they don't even allow covered calls in my plan.

---

I think in my fidelity brokerage link I am pretty restricted on what I can buy. I think it's just various fidelity funds. What are you able to dip into with brokerage link?

---

Not sure yet...just opened it up today so funds from the crappy Fidelity LifeFund haven't transferred over yet

It really depends. I have an old one but it is also fidelity and also allows brokerage link that can buy anything so no benefit to do anything for me and I can always do it in the future. I called fidelity and talked to someone for about 30 minutes a couple years ago and they ended up telling me it was no benefit to do anything with it at that time.

My Fidelity chat came off more like a sales call, to Roth it and for them to manage it.

HAH. In no way am I handing the keys over unless I have solid referrals.

59 South said:

---

Y'all are really trying hard to get me to buy a penny stock again aren't you with ONTX? I said I'd never.... now I'm gonna do some chart study on it tomorrow....

---

Yea the technicals look good. Look at those 21 EMA tests after big volume breakout June 11. Next breakout will probably go to $1+. Still could go sideways a while for extended handle of cup and handle. Momentum started getting right in late May when 8/21/50 EMA's all 'got right' and started fanning out in the bullish order stack. That was a nice predictor of more to come while it steadily rode the 8 up till the big breakout. It has been following technicals way better than most penny stocks do. But still probably needs some sort of news catalyst to get $1+. If it takes out .75, $1 is about as guaranteed as it gets. I'll watch it, but I'd be patient with it. Could easily see it getting back down to test .50 at the 50 EMA. If it loses .55 again, I'd say that .50 test is almost guaranteed and would be a great entry for a bounce and watch...

What's the history on this thing? My chart has it going back to $4000 a share back in 2013. How many reverse splits have they done since then to fund their pet research projects that didn't pan out? I'm always so skeptical of these penny stock especially in pharm... I'll keep an open mind though.

tailgatetimer10 said:

---

My Fidelity chat came off more like a sales call, to Roth it and for them to manage it.

HAH. In no way am I handing the keys over unless I have solid referrals.

---

Ha yea, not surprised. Had a few calls go that way in the past. You just have to set them straight and make them fully aware that you know more than they do and you're not interested (not their experts, their call center team that you're talking to). You can also ask to talk directly to a portfolio specialist or something like that...

If you get a real stinker call rep, you just say thanks and hang up. Then call back and hope you get a good one. It may take a few calls, but I've found if you call really late at night, you end up with better ones. Not sure why. They also sound more like older retired people who are just doing this as a side job. I got a guy like that once about 11pm, and there was no BS. There's a wide range with them.

Are you McIniss' sock?? You reply to yourself just as much as he does.

TxAG#2011 said:

---

Piggybacking off the earlier chart but it's not impossible

$TSLA is the $QCOM of this generation's tech bubble.

$10K + in 2021 is doable.

See the thread below and judge for yourself.

1st comparison: Accumulation and breakthroughs of all major resistance trends on linear scale. https://t.co/xDjo8NzU83

---

I don't think you'll see Tesla become a $2T company In the next year. I could see low 2000s in price.

anyone subscribed to Sam "smartertrader" still? I think I am going to give him a month. I had a great month so far so I can use some profits for this.

AgShaun00 said:

---

anyone subscribed to Sam "smartertrader" still? I think I am going to give him a month. I had a great month so far so I can use some profits for this.

---

From what I've seen. Every major service has had success recently. If you want someone to watch charts and make picks for ya, you just have to find one that fits your risk tolerance and overall jive. Elite options is great for learning, but requires setting orders as drafts and hovering your finger over the button or else you'll miss it. Manic was good as a service with a nice setup and smaller plays.

Touchless said:

---

Are you McIniss' sock?? You reply to yourself just as much as he does.

---

This would be absolutely wild.

This seems......aggressive

yeah. it wouldn't surprise me - last surge to drive capitulation.

I can see NDX hitting 11,500

That's the trillion dollar question right?!

There is a general expectation that there will be another round of fiscal and possibly even monetary stimulus coming up here in the near future. As long as there is money being printed out of thin air, I don't expect a market crash. Sure, there will be some 5-10% pullbacks here and there, especially in some Nasdaq names which are way over overextended and showing strong bearish divergence.

This week should be very interesting. All the major banks report Q2 earnings and financials have been huge laggards in this recovery. If the reaction to their earnings is good, then expect us to keep chugging along upwards.

As I mentioned somewhere in my previous ramblings, a directionally neutral, long volatility portfolio should be profitable. Like something along the lines of long calls on financials and long puts on certain tech.

We just had a major rug pull in February and it is still fresh on everyone's mind and people are on the lookout for it. That's usually not when Wall Street does an encore. It's when you get complacent and forget that it can happen.

For those who play, I like to think of a Texas Hold 'em analogy regarding rug pulls. Let's say you flop a straight flush, and are first to act, what are you going to do? I'd say you are going to check and slow play the hand showing weakness to try and suck as much money into the pot and then crush the others at showdown.

I am not sure if/when this will happen, but can I put SSFT on Goal Post watch with the board? The first of the goal posts (I believe) was on June 11th - daily volume is generally under 500K, but for a few days was through the roof (29 million on June 11). Thoughts on this? I have a good chunk of shares, and might be adding more now that it has consolidated back towards $0.15/share.