Buy an etf that has shorts in it. Buy SQQQ today and dump it tomorrow after unemployment numbers get released. Theres NO WAY we don't see a dump tomorrow of some sort. Am I crazy? Im putting 20k on it. Obviously I wouldn't recommend shorting it just to short but with unemployment numbers coming out tomorrow we will see a selloff. Its money in the bank IN MY OPINION.
In this sentence....then (incorrectly used) can cost someone money. It's THAN. better to short when it's at an all time THAN when market is down 30%. Sorry to be that guy but you gotta learn the diff man.
I am debating whether to buy SQQQ or put SPY puts (not experienced enough to be confident in my options trading ability).
Yeah, these ones are a lot easier to play with vs options. I was feeling more confident on options but didn't place any once the gov started doing all this stuff. I mean I expected they would, but didn't do my options when I should have... Although.. now that stimulus is on, options will be easier, just don't want to place wrong here
question: bought MSFT at 137 in September, didn't sell at high of 187 (idiot me) and now it's back down to 150ish. should i sell and buy more when (if?) it reaches 130s again?
The "jobs report" you're thinking of is the non-farm payrolls report, and it's released once a month. You can find the schedule here : https://www.bls.gov/schedule/news_release/empsit.htm What comes out every Thursday is the "initial jobless claims" report. It'll be out tomorrow morning.
Dont beat yourself up over not selling. You will just burn yourself out. Better to learn and move forward. No one could have seen this meltdown coming. I bought MSFT yesterday morning @ $142.XX. I'm sure we get a retest of the low or possibly a lower price but it is a price I'm comfortable with long term. I now own 2 stocks. Goog and msft. HON, UNH, AAPL, AMZN, VZ, JPM are all on my watchlist.
Wow, big market selloff towards the end of the day. Good thing I shorted before this close. We're going to have a big selloff tomorrow. With that sort of selloff it had to have been hedge funds taking profit off the table.
This is a bit of a risky move, like MSFT has been hit but I don't think as hard because of potential gov contracts coming and now everyone working from home I think it helps them for cloud plans/future products/services, but with that said if you sell at 150 and rebuy at 130 is the amount significant that you will be able to get a lot more shares of it? I think if it's a significant amount go like 1/2, currently it's trending down so could rebuy in lower but you just want to be careful as some of these stocks are doing odd things, ie if court stuff goes as planned for more contracts and services continue to grow it could be interesting. Like looking at volume moved today it seems to be trending down but I just don't want to tell you something bad and be way off. Like airline move was perfect this, depending on number of shares and length of investment will really determine how to do this. Man didn't hit submit, blah now volume trades happen... Watch AH and news
This is me daytrading (*chuckle*) out of 210 shares of Amazon because it went down $3 back in 2007. Kill me :
I've been mainly watching chase the news, visl / capr today. On visl there's stupid amount of accumulation but these are junk investments typically so you just take profits, unless you spend ton of time researching and plans are really good etc. Just be careful as these are always dangerous. Definitely not saying go in, but visl looks interesting since double volume but all controlled
It's all hype atm, so most likely a pump and dump, or waiting on pr for new gov contract or a move in hopes of new management (iirc ceo). I think between now and early April first week it'll jump but you must be ready to bail... Or really research to get more confidence. And again I'm not saying buy it, but I've seen this plenty of times
If only I had "let it ride"... instead... *sigh*. Tried to find my buy of Apple at around $9 or $11 that I sold at $19 because I had made a lot of money on it. Kill me again. Couldn't find the trade because it was back around the early 2000's or late 90's before I got to TD Ameritrade, I think.
I hope you do understand it now BTW, any one here has active trader status! any benefits ,is it worth it?
