Some days turning it all off, taking a walk, and doing nothing is best.

Weekly options closed, I'm done.

Maybe (?) see you all Monday (it's gonna be a LONG walk)...

Generated a little cash with SPX puts but this sucks.

ZEST-Mania feels like 5 years ago

Opinions on best WWR $5 put play. Can get .75 for 3/19, 1.25 for 4/16, 1.85 for 5/21, or 2.35 for 8/20.

If the pump at 11:05 by Powell doesn't put in support then maybe we have peaked....will be tuning in.

Also, Tom Lee looks like a genius after calling a shift from tech to industrials/commodities yesterday.

mazag08 said:

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OutlawAG04 said:

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Looks like a lot of traders are becoming hybrid investors today. Trust your plan on MAs. Trim and nibble. Our board veterans have been reminding all of us to have cash on hand and this is a perfect example of keeping cash available.

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A lot of people on this thread seem to have exhausted their cash thinking they caught the bottom.

That's why there's so much pain.

If you're looking at your account and see less than 10% in cash right now, hopefully this is a learning experience.

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Maybe you can help me out... what's a margin call?

I work in Oil and Gas and WTI is close to $63, so i got that going for me.

AgEng06 said:

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mazag08 said:

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OutlawAG04 said:

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Looks like a lot of traders are becoming hybrid investors today. Trust your plan on MAs. Trim and nibble. Our board veterans have been reminding all of us to have cash on hand and this is a perfect example of keeping cash available.

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A lot of people on this thread seem to have exhausted their cash thinking they caught the bottom.

That's why there's so much pain.

If you're looking at your account and see less than 10% in cash right now, hopefully this is a learning experience.

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Maybe you can help me out... what's a margin call?

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Think of it like owning an investment property that you put 5% down on. After a year, you have 6% equity, and you leverage the entire amount into a new property. The following year, you borrow money from a hard money lender for another property at a 12% rate. Then real estate values take a dive and the rental market dries up.

If powell comments today settle nerves on bond rates won't that have negative impact on BTC short term?
I still see BTC as couple years play but think of fed helps bond stability that will further pressure BTC plays

Anyone of same thought process?

$PLTR making a little move back up

SPX back to opening level, let's run this *****.

That's another thing. So many people jumped into the crypto related stocks when BTC went above 50k.

Regardless of whether you believe the BTC pumpers or not, it was due a major correction. Now you will have to wait for the next BIG pop before those stocks recover their value. A slow incremental rise won't do much.

21 periods exponential and factor (aka standard deviation). I haven't tried on Yahoo but I can.

Cut CLOV and tech to add to WWR and DNN.

My peak was about +18% YTD... tech sell off has me at +2.5% YTD this morning.
I think this volatility should be expected, the market had a steep rise the last two months. Everything I've held through past volatility has worked out, and the one thing I sold for a loss, ended up sky rocketing 40% on an acquisition two weeks after I sold it (Slack).

I feel good about the fundamentals of my portfolio, so I'll let the market shake some people out. Tech is a little overvalued though, especially with the EV bubble and COVID bubble, so some pull back or sideways movement for a while shouldn't shock anyone.

Look at VPU and VDC, the utility index and consumer goods index vanguard ETFs. They are up today > 1%. VPU was mentioned in the long term holding thread as a way to reduce tech exposure with a non-correlated sector ETF.

Lol I thought I would buy the dip in TTD yesterday without reading any news related to the stock. Bought 125 shares at 762. Now trading at 652. Took the loss on 75 shares and reinvested back into PINS at 72 and plantar fasciitis at 23.59.

this could be capitulation panic that just abated.

Hot damn I might've exited my hedges at the right time today. Pretty well caught the bottom on my SPY puts.

fightintxag13 said:

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Hot damn I might've exited my hedges at the right time today. Pretty well caught the bottom on my SPY puts.

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Although if I was smarter I would've turned around and bought SPY calls....baby steps.

Bought the dip on PRNT and AMC.

$WWR whiplash off of $5 was real, following right along w/SPY

$QQQ failed at $311 again