So... basically... don't FOMO till yo money's NOMO'
Same on UVXY.Mostly Foggy Recollection said:
I have shares of UVXY. Good hedge instrument. In March of last year (COVID dump), it shot from 10 to 110.
VIXY is another decent one. SPXU is another for S&P. SQQQ for the 'Daq. DOG for the DOW30.
Mostly Foggy Recollection said:
We could definitely melt up through the rest of Q1. Anyone who says they can time the top is lying out of their ass.
With that said, there are warning signs flashing out there, and now is the time to prepare. If you don't want to liquidate your swings/options/YOLOs (AMC/GME), please do the simple math on what you need to do from a hedge perspective.
I say to expect at least a 30% draw down on your portfolio, and it can be 50 plus. So if you have a 100K portfolio and you don't hedge, expect that value to drop to at least 70k in a large correction. If you hedge properly, you'll be minimally red, if at all, and you will be better off than 80% of the market.
When we had the rug pull yesterday, I never went red. That was a great test of my downside plan and now I'm much more confident.
Mostly Foggy Recollection said:
WSB banging the pot on CLOV.
AG 2000' said:
$CLOV
Seeing some buzz they will be a joint partner in an announcement with Walmart and one other to be announced retail partner (CVS? Walgreens?) tomorrow at the Medicare Advantage Leadership Innovation conference.
AG 2000' said:
$CLOV
Seeing some buzz they will be a joint partner in an announcement with Walmart and one other to be announced retail partner (CVS? Walgreens?) tomorrow at the Medicare Advantage Leadership Innovation conference.
From what I saw this didn't leak until AH closed. Premarket tomorrow will be interesting.gigemJTH12 said:AG 2000' said:
$CLOV
Seeing some buzz they will be a joint partner in an announcement with Walmart and one other to be announced retail partner (CVS? Walgreens?) tomorrow at the Medicare Advantage Leadership Innovation conference.
Wonder why it's doing nothing AH. I am seeing a lot of buzz too
Mostly Foggy Recollection said:
It was more of a "we are moving to this soon" post... but yeah. It came across my twitter feed.
tam2002 said:
The amount of run $AMC is getting on twitter is insane. I'll genuinely be surprised if it isn't over 10 at open
tam2002 said:
The amount of run $AMC is getting on twitter is insane. I'll genuinely be surprised if it isn't over 10 at open
David_Puddy said:tam2002 said:
The amount of run $AMC is getting on twitter is insane. I'll genuinely be surprised if it isn't over 10 at open
Guess which dumbass sold today at $5? I got in at $2.77 but......ugh
Robinhood after hours trading ends at 5, and doesn't open until 8. That means the Robinhooders are going to be fired up and ready to rumble in the morning!Spaceship said:tam2002 said:
The amount of run $AMC is getting on twitter is insane. I'll genuinely be surprised if it isn't over 10 at open
It basically doubled in AH. That's unheard of.
David_Puddy said:tam2002 said:
The amount of run $AMC is getting on twitter is insane. I'll genuinely be surprised if it isn't over 10 at open
Guess which dumbass sold today at $5? I got in at $2.77 but......ugh
Aggies75455 said:David_Puddy said:tam2002 said:
The amount of run $AMC is getting on twitter is insane. I'll genuinely be surprised if it isn't over 10 at open
Guess which dumbass sold today at $5? I got in at $2.77 but......ugh
I was in at 2.19 and sold at 2.40
David_Puddy said:Aggies75455 said:David_Puddy said:tam2002 said:
The amount of run $AMC is getting on twitter is insane. I'll genuinely be surprised if it isn't over 10 at open
Guess which dumbass sold today at $5? I got in at $2.77 but......ugh
I was in at 2.19 and sold at 2.40
Ouch.....well honestly I don't think it's too late to get back in. Seeing all of this GME craziness, I'm ready to gamble a small piece of my portfolio
gigemJTH12 said:
So if buying more CLOV in the morning would March or May 30's be the way to go?