These are hard days to get it right. I'm going to watch the IB period for a bit to try to distill direction.
You don’t trade for money, you trade for freedom.
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Last: 27 min ago by ac04
I have been selling off parts of my VGT holdings to buy individual company stocks at their 52 week lows (Netflix, Paypal, Walmart, now Target, Palantir, FB, Microsoft)
anyone see a downside to this?
My thought is that VGT is still likely heading down and I am selling at a profit,
and I already have my corporate 401K is all mutual funds so why not take from an ETF and buy more individual diversified stocks at their lows..
anyone see a downside to this?
My thought is that VGT is still likely heading down and I am selling at a profit,
and I already have my corporate 401K is all mutual funds so why not take from an ETF and buy more individual diversified stocks at their lows..
what is quite amusing is that for a year the analysts on CNBC were stating that Target was a better stock than Walmart.$30,000 Millionaire said:
No, not touching Target.
now look at the last two days when Walmart missed, and Target missed worse and is getting crushed.
I opened a position with Walmart yesterday and will add today, and open a position with Target.
sure, it may take a few years- but Target and Walmart (Dow component) aren't going to collapse over the next decade. they will be back in the next bull market.
M4 Benelli said:
Jackson Hole is a great destination, hope you have fun doc.
OT: ZIM destroyed earnings
ZIM Q1 EPS 14.19 vs 12.53 estimate.
Rev 3.72 bil vs 3.49 est
$2.85 q1 divy announced
Popping like a cherry on prom night in pre.
ZIM is Israeli correct?
what happens when the next war breaks out in the Middle East?
SPY and Qs still above yesterday low's..for now.
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So glad I sold the wife's TGT holdings in her roth last month at $220!
Sold my SPY $398 puts for a slight gain and quick $500 so I'm out for the day! Trade wisely everyone
Sold my SPY $398 puts for a slight gain and quick $500 so I'm out for the day! Trade wisely everyone
ASO getting spanked today. I'm sure it's a result of the WMT/TGT news. May be an opportunity to add some shares if you're a long term believer in it.
Shoulda played my gut. Oh wellz.McInnis 03 said:PEAD candidate. Drifting down is a real possibility here.aggies4life said:
Any touching tgt?
Thanks for the lesson on PEAD Daniel, wherever you are.
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Feel like a Champ at the moment. The four XOM 1/19/24 Calls $90 I tried to sell yesterday at $15.10, then $15.00 sold this morning at $15.25...so far I am the Volume of the Day, High of the Day, Low of the Day, and the Contract High. Don't believe I ever hit the cycle before..
Yep.Brian Earl Spilner said:
Aaand I'm finally green on my TQQQ.
Now the trouble is I feel like we're sure to give it all back tomorrow...
TSLA is going to have to pick a direction soon. Could be a massive move which ever way that is.
Biden admin risks Americans' retirement accounts to push climate agenda, GOP leaders in 24 states warn | Fox Business
This is disturbing. Corporations should also offer self-directed 401Ks so people like the one's in here could buy/sell individual stocks on their own.
This is disturbing. Corporations should also offer self-directed 401Ks so people like the one's in here could buy/sell individual stocks on their own.
I went puts. So it will probably go to the moon.Ragoo said:
TSLA is going to have to pick a direction soon. Could be a massive move which ever way that is.
300 on QQQ see if it breaks below otherwise in a tight channel.
ProgN said:
Biden admin risks Americans' retirement accounts to push climate agenda, GOP leaders in 24 states warn | Fox Business
This is disturbing. Corporations should also offer self-directed 401Ks so people like the one's in here could buy/sell individual stocks on their own.
The regime's absolute war on the middle class continues.
Again, I had the right move and saw the right direction. I simply chose an expiry poorly. Bought the options a day too soon and and chose an expiry a day too short.
May have to roll my 398P expiring today out to next week. They're up 350% today but I'm overall down big on them cause I chose a crappy expiration.
Ugh….
May have to roll my 398P expiring today out to next week. They're up 350% today but I'm overall down big on them cause I chose a crappy expiration.
Ugh….
SPY needs to bounce here or loses a trend line break I had drawn.....
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Big level on VIX
Lol. Gotta love em! Oil and gas is one of the industries actually making money. A very wise investment.
UPST chart looks to want back to 72...ish
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
I really hate to buy oil and gas stocks as I already have too much exposure to the price of oil, but…..
I decided that oil is a good hedge against inflation.
Bought some FANG ( diamondback energy ticker symbol not fruit company) and cvx and DVN
I decided that oil is a good hedge against inflation.
Bought some FANG ( diamondback energy ticker symbol not fruit company) and cvx and DVN
This move seems over cooked. Different product line in my head and all the stores Ive been in have not had empty shelves except for AmmoSaltyag15 said:
ASO getting spanked today. I'm sure it's a result of the WMT/TGT news. May be an opportunity to add some shares if you're a long term believer in it.
Anyone else seeing something different.
Anyone here still a believer in NET? Hit $200/share now it's back in the $55/share range.
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BaylorSpineGuy said:
Again, I had the right move and saw the right direction. I simply chose an expiry poorly. Bought the options a day too soon and and chose an expiry a day too short.
May have to roll my 398P expiring today out to next week. They're up 350% today but I'm overall down big on them cause I chose a crappy expiration.
Ugh….
I'm currently in the process of re-teaching myself this lesson, feel like i have to do it 2 or 3 times a year. If you have a high level of confidence buy an extra strike or two worth of time, the move always happens later than you think it will
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Now is the time to be greedy in net and crwd, imo
in Israel? not much chance of that happening. You realize Israel basically has state of the art U.S. weapons? No one wants to screw with themLMCane said:M4 Benelli said:
Jackson Hole is a great destination, hope you have fun doc.
OT: ZIM destroyed earnings
ZIM Q1 EPS 14.19 vs 12.53 estimate.
Rev 3.72 bil vs 3.49 est
$2.85 q1 divy announced
Popping like a cherry on prom night in pre.
ZIM is Israeli correct?
what happens when the next war breaks out in the Middle East?
ZIM chart... I thought this might be happening, it bounced off bottom trend line this morning. So from here as long as we hold this trend line we continue up.
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Charismatic Megafauna said:
All this talk of shenanigans makes me glad i picked up a couple fri spy puts today
I took my .5-1x on all these, ready to roll some profits into an xsp play this afternoon...
Edit: dammit
SPY broke.. lookout below.
More good news for oil and gas stocks
U.S. CRUDE STOCKS IN SPR FELL LAST WEEK TO LOWEST SINCE NOV 1987 - EIA
— *Walter Bloomberg (@DeItaone) May 18, 2022
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Stores?
VIX gets above $28 we will see another push down.
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To me - its the greater trend. There weren't less shoppers in Walmart or Target. It was the costs on the back end and the increased fuel and transports costs.cptthunder said:This move seems over cooked. Different product line in my head and all the stores Ive been in have not had empty shelves except for AmmoSaltyag15 said:
ASO getting spanked today. I'm sure it's a result of the WMT/TGT news. May be an opportunity to add some shares if you're a long term believer in it.
Anyone else seeing something different.
To me - I would be surprised if ASO didn't have the same or similar issues affecting their earnings.
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I also wonder if this is a canary in the coal mine of discretionary spending being reigned in. Consumer spending numbers are being propped up by higher prices despite less actual purchases being made, possibly tgt and aso margins are in a tight spot between the consumers and suppliers
SHOP wants to go.
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