Man MSFT, - yeah I pretty much played trash and it worked, MSFT still kind of surprised me for last few weeks, I'm going to look at MSFT next week again. Are you in anything currently on it?
my limit sell order of $2.2 credit---defining my max risk to be $2,8---was filled. bto Aug 22 CALL sto Aug 17 CALL
Don't think you understand the naivety of retail investors... american airlines is in shambles and will be halfed short, short, short naive investors are driving this past overextension and have no intention of looking at the balance sheets market makers patiently waiting to put the hurt on them when reality hits
Have y’all see the top tickers traded by Robinhood users?? I am scared. https://robintrack.net/leaderboard Almost every large cap in the travel/dining industry has sky rocketed. United was 20s for weeks and got to almost 50 I think. Q2 earnings will be fun. Get your puts ready lol.
Also MITT. According to seeking alpha REIT message board or whatever those two were rated the worst under their metrics. They went up 30% and 18% yesterday.
which comes first, the chicken or the egg.? think this came first the best eg has been AAL, as evidenced by Thu's trading volume, ~ 10 X normal. on the next day, more retail investors jumped in driving up the price of AAL some more, then the institutions started to sell or short AAL; the heavy selling started to drive the price down, as evidenced by the red candle w a large body Fri's closing price of AAL was much lower than the opening price, but still higher than Thu's closing w the profit from selling the cyclicals like AAL, institutions went back to the old reliables, quality growth stocks such as MSFT and AAPL, both of whom popped on Fri after wks of consolidation
The only single stock I am long on is MSFT. It's been stuck in the low 180s for a quite a few days now. I was sure it was going to go over 200 soon but I am also glad it's a slower organic growth. Retail investors who are going long on AAL, HTZ, BA, F...man I hope they know what they are getting into. I flipped PLAY, UAL, DIN for a bit of profit in Apri/May. Capital was tied up in WTRH and some other penny plays when large caps dipped couple of weeks ago...so I completely missed out on this bounce. I am sure there will be another drop soon.
I've been hanging on to my Microsoft shares, but also putting in more funds into "trash". Some of that trash has actually been quite lucrative....such has RCL. Big time jump this past week.
Damn very nice move on RCL, yeah I moved contracts on GE/F not as exciting as RCLs jump but was making some stupid high returns % wise.
Unfortunately I don't think they do... Ford and GE seriously made no sense until I saw your link, I was aware of their Twitter account but didn't know they had an API running w/ the data for it. It was very easy to move call options some people way over paid too... I didn't exercise any of them and just took profits during the day Thursday and into Friday open. Some GE calls were purchased at 0.05-0.12 and sold for 1.01-1.03 at open that were all expiring. Whoever got them hopefully exercised or moved because they fell down to 80 range fast iirc. Ford was similar 0.05 to 0.70 overnight. Seriously couldn't believe it. I should have kept more but only kept a handful to move. I knew it was risky but it worked. I'm looking at Puts soonish on some of these based on RH data. MSFT I had the same feeling and have been in/out on 185-190 calls. I kept feeling few weeks ago it'd go up decently but hasn't happened yet. I'm hoping I can get in some calls on MSFT because I know there's money to be made there.
There's been a lot of trash plays, I literally will buy into contracts to go along with things but I have a feeling people are going to get stuck with hot garbage soon. Hopefully it's not major money they have get tied up.
Any thoughts on AMD? Fundamentally it’s expensive but it’s always expensive. They are still gaining market share. Technically it hasn’t done much during the past 2 months...but I can’t tell if it’s coiling for a big pop or about to roll over. I have it as a possible catch-up trade.
AMD has been producing quality products again and seems overdue for a solid pop -- I'd read up on their new chips and schedule before pulling the trigger. Edit: Forgot about all the game consoles being released later this year -- gaining foothold in mobile as well... AMD was garbage not long ago... Hmmm.
I remember when this thing was left for dead around $2 about 5 years ago. Ugh. It was doing well before the COVID collapse and is really trading around pre-COVID prices right now. It actually recovered pretty quickly to those prices (back in April), but then it wasn't completely wrecked to begin with. The only issue with the price trajectory is that they were headed up before the collapse, but they've kind of flat-lined around the peak afterwards. Their 1Q earnings looked pretty good considering the economic climate, Amazon just hooked up with them to power more of their AWS servers, Microsoft and Sony both will be using their chips in their gaming consoles, companies/users possibly investing in laptops for WFH scenarios, etc. The only problem is how the unemployment/economic issues worldwide are going to affect all this. Are people still going be upgrading video cards and CPU's when they can't find jobs or are trying to save in case they lose theirs? Long-term I'd say it's a good play, but be careful short-term. The PHLX Semiconductor Index has exploded up during this recovery. I bought into MRVL because of it. I just don't know if there will be a sell-off of the semis that also will toss out good stocks like AMD with it. That and economic issues may hinder the stock a bit.
Amd looks like they will have a significant tech advantage over Intel in the CPU category till at least end 2021, lots of potential to capture market share (esp in laptops, servers/workstations), and I like their prospects, but the qn is at a whopping 127x p/e; is it all priced in already? In contrast intc is trading at 12x Amd, tsmc and intc (they do more than just CPU) are on my watch list, but waiting for another dip to enter. Half cash atm; don't see that changing unless there's another dip.
My cuz has been right a lot of times in land, stock deals. He told me to invest in airline stocks instead of medical stocks (where he spent almost a decade to master). Rich gets richer.
