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24,764,362 Views | 233455 Replies | Last: 1 hr ago by agdaddy04
Dan Scott
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AG
We are headed for a weird recession. This war looks to be long and commodity prices are nuts, Oil, wheat, corn. Add increased interest rates.

It's a weird recession because labor market is hot.
Spoony Love
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AG
I agree. I think this will be a recession of debt. By that I mean that people will be working and the economy will look ok but the consumption will plateau so workers can get debt paid off.
Irish 2.0
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Thanks for this Bostic. Ticked my BAC calls
TecRecAg
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AG
I've been in the engineering contractor space for the last 10 years and I can tell you this is the craziest my business has ever been. Companies big and small hiring literally anyone they can get their hands on.

Labor market won't cool any time soon.
Irish 2.0
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I've had a recruiter call me 4x for four different positions the last 2 weeks. Every time he calls my asking price just goes up $10k. If I had a real job I wouldn't be able to do this *****!
Brewmaster
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AG
all out of UVXY, that was a nice and short swing
TecRecAg
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AG
You an engineer? Thought about being an engineer? Walked by a computer that had CAD software loaded on it? If so, there's a job for you!
Irish 2.0
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TecRecAg said:

You an engineer? Thought about being an engineer? Walked by a computer that had CAD software loaded on it? If so, there's a job for you!
International sales in feed additives. Since COVID I haven't had to travel so it has all been WFH and I'm not in a rush to hop on a plane for work again. I picked up three new customers the last couple years that 3x my division's sales that I started four years ago. Due to my commission structure in starting the division for this company, no one in my industry can really afford to try to get me to leave.

ETA:
Ha! Re-read your post and realized it was in jest. My bad. Been up since 3AM. Downfall of international business is the stupid hours.
98PercenterAg
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AG
Irish 2.0 said:

Alright, joined on the degenerate trade a little. Sold 9/16 1P on VEON. Got 30 at .65. I Guess I'll take an assignment at .35 avg if I must.


Genuinely curious as I know very little about puts. How did you decide on 9/16?
TChaney
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Farthest out option date you can purchase on that stock.
EDIT - I assume.
FTAG 2000
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AG
Man we are just getting jerked around in this 4280 - 4320 range.

Irish 2.0
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98PercenterAg said:

Irish 2.0 said:

Alright, joined on the degenerate trade a little. Sold 9/16 1P on VEON. Got 30 at .65. I Guess I'll take an assignment at .35 avg if I must.


Genuinely curious as I know very little about puts. How did you decide on 9/16?
I'd have gone out further, but they didn't have any further out. Worst case scenario is I'm out 1k if they go insolvent.
Bob Knights Paper Hands
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Is anybody else looking to play a State of the Union bounce? I expect COVID to be mostly defeated, but still remain vigilant. I expect them to magically not raise rates yet solve inflation. I expect them to ensure a quick end to the conflict in Ukraine without any US boots on the ground. The world will erupt in maddening euphoria at all of Biden's accomplishments.

I bought a few QQQ $350 weeklies just now.
Brewmaster
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AG
F it, I'm grabbing 1 TSLA call next week exp. It's been strong all day, lots of volume on call side (more so than put side).
Carlo4
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AG
TChaney said:

Carlo4 said:

Thoughts on EPAM?

This company is being hammered doing work in Russia, Belarus, and Ukraine. Stock has fallen over $400 a share YTD due to the conflict, with a massive drop today.

Company was doing very well prior to this it seems.
Some DD info

largest delivery centers are located in Ukraine, Belarus and Russia.

$232.6 million in cash and cash equivalents, or 16.1% of the total, in banks in Russia, Belarus and Ukraine.

14,000 employees in Ukraine,
9,416 delivery personnel in Belarus
8,933 in Russia.
more than half of their employee total of 58,800

$78.29 million in long-lived assets in Ukraine
$75.52 million in Belarus
$16.61 million in Russia,
a combined 72.1% of the company's long-lived assets of $236.21 million.

Personally
I would not touch this right now, but there are a lot brighter investment minds on this forum than me.


My goal was to wait and watch. Definitely not lighting money on fire by catching a falling knife.
Irish 2.0
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Out of my NIO 1/24 30C for a small gain. It isn't that I don't like the play, just think I can get back in for cheaper and do better with my capital elsewhere
Brewmaster
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AG
Bob Knights Liver said:

Is anybody else looking to play a State of the Union bounce? I expect COVID to be mostly defeated, but still remain vigilant. I expect them to magically not raise rates yet solve inflation. I expect them to ensure a quick end to the conflict in Ukraine without any US boots on the ground. The world will erupt in maddening euphoria at all of Biden's accomplishments.

I bought a few QQQ $350 weeklies just now.
Charismatic Megafauna
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AG
My only concern is that tsla's de facto monopoly on an ev charging network is a problem for every other aspiring ev manufacturer and the politicians on their payrolls. Stimulating competition to the tsla charging network always seems to be tucked in every green energy plan
98PercenterAg
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AG
Bob Knights Liver said:

Is anybody else looking to play a State of the Union bounce? I expect COVID to be mostly defeated, but still remain vigilant. I expect them to magically not raise rates yet solve inflation. I expect them to ensure a quick end to the conflict in Ukraine without any US boots on the ground. The world will erupt in maddening euphoria at all of Biden's accomplishments.

I bought a few QQQ $350 weeklies just now.


My concern is that he bumbles his way through it or that the war has a major development during it
Brewmaster
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AG
Charismatic Megafauna said:

My only concern is that tsla's de facto monopoly on an ev charging network is a problem for every other aspiring ev manufacturer and the politicians on their payrolls. Stimulating competition to the tsla charging network always seems to be tucked in every green energy plan
Yeah no argument from me. All I'm looking for is continued strength and a good bounce up and I'll sell my lone call for good $. It has been nails today, super strong in this dump and call volume looks good to jet.
JDTxAg98
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AG
98PercenterAg said:

Bob Knights Liver said:

Is anybody else looking to play a State of the Union bounce? I expect COVID to be mostly defeated, but still remain vigilant. I expect them to magically not raise rates yet solve inflation. I expect them to ensure a quick end to the conflict in Ukraine without any US boots on the ground. The world will erupt in maddening euphoria at all of Biden's accomplishments.

I bought a few QQQ $350 weeklies just now.


My concern is that he bumbles his way through it or that the war has a major development during it
^---- This! If you were Putin and wanted to give everyone the middle finger and planned on another escalation, wouldn't you do it exactly during this big speech that will include a spineless old man reading a prompter of tough talk about you?
Irish 2.0
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Irish 2.0
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Alright...Which one of you asshats fliped on trhe sell algo?
FTAG 2000
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AG
What a frustrating week so far. Think I will start posting my trades so y'all can fade them.
98PercenterAg
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AG
Entering those QQQ calls on this movement
Irish 2.0
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mazag08
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AG
Little bit lower today or tomorrow and that should be enough for a strong reversal and breakthrough above Monday highs.

Edit for green candles.. maybe that was enough.
$30,000 Millionaire
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AG
lets see how our SPY call does overnight.
Irish 2.0
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PLUG could begin a big squeeze. Been heavily hit for awhile
$30,000 Millionaire
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AG
Irish 2.0 said:

I've had a recruiter call me 4x for four different positions the last 2 weeks. Every time he calls my asking price just goes up $10k. If I had a real job I wouldn't be able to do this *****!
The struggle is real. I have a real job that I no longer enjoy, but I've got my organization on auto pilot, which is no small feat. I think I can always find time to trade the open and close, though.
Irish 2.0
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Naked puts won't get assigned.

Thank you and goodnight!

See y'all tomorrow!
ProgN
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Apple halts product sales in Russia (cnbc.com)

Quote:

Apple has stopped selling its products through the Apple Store in Russia, the company confirmed on Tuesday.

All Apple products on the company's Russian storefront are listed as "unavailable" for purchase or delivery in the country.

Apple also said on Tuesday that it has removed Russian state-controlled outlets RT News and Sputnik News from its App Store around the world except for Russia
Irish 2.0
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$30,000 Millionaire said:

Irish 2.0 said:

I've had a recruiter call me 4x for four different positions the last 2 weeks. Every time he calls my asking price just goes up $10k. If I had a real job I wouldn't be able to do this *****!
The struggle is real. I have a real job that I no longer enjoy, but I've got my organization on auto pilot, which is no small feat. I think I can always find time to trade the open and close, though.
I still have a lot of oversight, but my biggest crux has been delegating. I've gotten better at it as I realize I hate dealing with procurement people more and more everyday.
$30,000 Millionaire
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AG
procurement sucks to deal with, internal or external.
$30,000 Millionaire
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AG
50K account:

buying 1,000 shares of $GRIL.

You guys may not be degenerates, but this has the look of a mover. I'm not above playing the pumper plays.
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