Omg. I need to sleep, but this is my best day in the market ever probably and that’s considering I’m down big in some stocks, but no big deal on those.
Some of us are holding BTC, ETSY and UPS, bro. You're bringing hamburgers to the homeless shelter and eating them in front of us.
AMC up 64% today! Too bad puts are looking expensive cuz I don't see how it holds up given that the majority of the US isn't going back into movie theaters for at least another 6 months, if not more.
Well, I bought some puts today, so prepare for the market to spike up another 10%. I'll start a gofundme for you to share your winnings...
CRWD had gained ~ 20 pt in the previous 5 trading days. MACD has just crossed-over zero. then the vaccine announcement this AM all the technical indicators remain positive, CRWD will report on 3 Dec in view of these developments----concluding that the stk price will bounce of the blue trend line---I constructed this credit spread w the 4 Dec expiration options buy 126 PUT / sell 132 PUT; collecting a net premium of $2.60, defining my max risk of $2.4
Well, the market is a discounting tool for future results. People now have the beginning of the end they can begin pricing in...whether its 4 months or 9 months. (More likely a rolling improvement.) Its also not the only vaccine that is probably going to have good enough results to get approved this year, so every approved vaccine probably shaves off a month or two until everyone has at least their first vaccine. Its also a reaction to the efficacy. Over 90% is a dream. You can actually END a disease with above 90% efficacy if people take it. People are beginning to price in ENDING COVID, not CONTROLLING COVID.
Damn JPM's are looking mighttyyy fine today. I got in heavy with LIT in March.. I have been tempted to sell the past few months but I think I am holding this for quite a while now.
Went ahead and bought some right at the close...singles day is coming up so maybe a bounce. But regardless it's a name I am comfortable holding for a while...
If mobile gaming stocks keeping coming down, I'm going to look to get back into Zynga. It's not like this pandemic is anywhere near over and people don't stop playing casual mobile games even if there is no pandemic.
in that vein, been watching this one, it is in the intersection of online gaming / gambling and e-Commerce (a la Baba/Amazon) targeting the Indonesian / Malaysia markets, to a much lesser extent, Singapore, mushrooming into VietNam and the Phillipines, looking to double my options position. was on my watch list in late 2019 when it was in the hi 30s. missed the takeoff in Mar. got in late Apr, got in w a 75 CALL calendar, been rolling forward the front leg to higher strike, every month, to where my Jan 2021 75 CALL has become a no-cost CALL option.
It might sound crazy but i’m actually not a big fan of days like this...at least as far as trading goes. First it can be hard to avoid FOMO. Then I have to re-evaluate all my entry and exit points for the names I normally follow. And i have to live with selling KBE a week too early...lol. Oh well now I will just wait for more opportunities.
Welp, I was so ecstatic early this morning, I didn't sleep until around 10am today, I think. lol. Alas, it wasn't to be. One of the biggest portfolio gains I've ever had evaporated as the day wore on, so OMGI'MUPHUGE became ehdecentday thanks to the NASDAQ/stay-at-home sell-off. Luckily I'm still in stocks. I usually try not to trade in the mornings, but did dip my toe into DCA'ing my CRWD position and into PYPL. Maybe too early on both, but we'll see. My NFLX that had recovered to well over 500 got beat up with the other stay-at-home stocks. Down big : NFLX, MRVL, GRWG, SLV, GNRC, CLOU, GLD, CRWD Up big : BA, PLUG, SPCE, KO, O, BRK.B, SBUX, F, GM, FCX Everything else I own is either up or down 2-3% or flat. This translates to a flat to a bit above day for me. Looks like the banks, energy, travel, etc. were the big winners even though I'm not sure what will change considering even if they get the vaccine out by the end of the year, there's only enough for around 25 million people globablly until next year. Looks like BYND was brutalized by the market, their earnings and by MCD's announcement of their McPlant offering (what a name... lol). AXP was up huge, too. I'm still deciding what to do here. I'm guessing there'll be some volatility incoming.
