STOCK MARKET: Let's talk stocks and investing

Seems like an easy play but I'm SCARED. Lol.

 

I mean, it kept going up while US cities were burning over the summer. It went up in the day that a bunch of idiots stormed the capitol. It went up when it thought Trump was going to win the election and it went up when Biden did when the election. It went up when everybody thought the Republicans would control the Senate, and then it went up when the Democrats got the Senate. It keeps going up when a 9/11 worth of people are dying every day from COVID. The market tends to look past all the BS and its on a high from all the free money being pumped in and the possibility that we get back to normal later this year.

Like someone said, short of an actual war, its going to look past all the BS.

 

Zm wow what a monster. Should have played this instead of roku smh

 

Opened up my first ever investmenty account with Fidelity. No clue what I'm doing. Please advise.

 

if u r brave and want quick $ just buy whatever @davidio840 tells u to.

 

I don’t see this as a D&D issue. Political issues matter when it comes to the market. “Debating” who is “wrong” is when D&D comes into play.

For me I don’t see it as a major market issue. We went thru major sustained civil unrest last summer and this current one seems relatively minor compared to that. Different age demographics with different energy levels and motivation levels as well.

Fwiw I do have an old trader friend who bought into all the conspiracy bs and loaded up on VIX calls prior to the 6th. I told him that his conspiracy stuff had no legs to it but his trade still might work for various reasons. Anyhow, he got lucky and took his money from that vix pop and ran and he’s over that conspiracy theory. Anecdotally everyone I know that was in the Trump camp seems unhappy with him to close out his term.

More major political issues for me are what exactly the Biden stimulus will look like, how a min wage hike will be structured, and what the Biden budget will look like. I believe he’s already indicated he’s going to continue to ramp the military spending as well. Hopefully we can figure out how to get a few of those dollars via the markets.

 

It went up 40% to up 60% since time of posting lol.

 

speculations abound that YaoMing may be involved in a SPAC in China.

if you have a high tolerance for uncertainty / volatility, you may want to take a flyer on that, as the payoff could be GREAT


but, first, you must consult w your financial advisor at Fidelity

 

90% now. What in the.... @saitou

 

hmm jan options expire tmr. feb options are too far/expensive. sitting out.

 

think the pop today is an over-reaction

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sold bearish CALL spread (synthetic short) on INTC, 55/60 CALL, for a credit of $2.55, defining my max risk of $2.45

use the proceed to buy more AMD CALLs on the dip (unjustified)​

 

!!! insane

 

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feb expiry?

 

best is ~ 45 days out

 

was gamestop the one scalping playstations and xboxs??

 

Dumped BABA at $238 today. Took the small L to free up cash to play other SPACs, and Petco/Playtika IPOs if they don't open at a stupid valuation.

 

BABA is on its way back UP.

 

Gelsinger is what many wanted for Intel - an engineer to run the show. His story about how he got this far is kind of hilarious and incredible -- he grew up dirt poor on an Amish farm, from what I recall and almost went into farming instead, but worked his way up from an associates degree to a bachelors and a masters at Stanford in EE while working full-time. Andy Grove even mentored him because he thought that highly of him. He's highly thought-of in the industry, and I think I read he was rumored to have been in the running to take over MSFT at one point. I hope he does well.

 

Watching the Fed respond to how inflation creeping up is another issue, because it's creeping.

 

Got in URG today. It's up 20%+. What yall think? Yall penny-stockers have me buying new lotto tickets every week for no good reason, but they all go up anyways.