**OFFICIAL** Trading and Investing Thread- Part -X-

[Humungus]

what is the general play of this? from what i gather a hike is probably going to be announced.

Hike priced in. Will see your standard market tiny dip/dip bounce/close positive we usually get on big Fed days.

[Venom08]

Grab a brew and wait for it to blow over

Yeh, I'm not positioned at all even though I feel like gold will tank.

Edit: Glad I didn't get positioned, lol.

[WhAtNoWbChSs]

Yeh, I'm not positioned at all even though I feel like gold will tank.

Edit: Glad I didn't get positioned, lol.

Im wishing I bought gdx right now @ 21.30.

Looks like we're having a green. I thought rate hike was supposed to send everything red?

[residesinAZ]

i was hoping to get out with a little profit and then play both sides. oh well...at this point i may just keep averaging down. if it opens with a dip i may try to average down to ~$6.

Dang bud, did you hold on? I stopped out of JDST before losing anything.

[WhAtNoWbChSs]

How reliable are chart patterns?

RGR has a double bottom.

http://finviz.com/quote.ashx?t=rgr&ty=c&ta=1&p=d

I sold at 53. Dumb move? I suppose it's going to surge now because of the double bottom.

[CDub73]

what is the general play of this? from what i gather a hike is probably going to be announced.

Obviously, you short gold into it :/

Interest rates affect the US dollar. From a simple point of view, this will increase the value of the USD as entities wish to invest in it to get a ROI. However, this also increases prices within the US relative to other nations so our exports decrease. So from a macroeconomic scope, USD will rise in value and usually the market will pullback.

The other part relative to this thread is that the USD negatively correlates with gold better than other commodities. The big play was gold and getting on the right side of the volatility. It looks like the USD had some "sell the news" type of reaction which blew out us (yeah, I got rolled up lol) shorting gold. Add that gold was at some key levels to bounce anyways and it gave a nice catalyst for bulls. I imagine gold will start selling off after things settle down, but damn lol.

[hardestgainer]

Got in on INCY @91.2 last September when I was researching it for my final project for a corporate finance class. Gilead rumors of buying them continue but its @152 now. Any other bio guys been watching them?

[Venom08]

Obviously, you short gold into it :/

Interest rates affect the US dollar. From a simple point of view, this will increase the value of the USD as entities wish to invest in it to get a ROI. However, this also increases prices within the US relative to other nations so our exports decrease. So from a macroeconomic scope, USD will rise in value and usually the market will pullback.

The other part relative to this thread is that the USD negatively correlates with gold better than other commodities. The big play was gold and getting on the right side of the volatility. It looks like the USD had some "sell the news" type of reaction which blew out us (yeah, I got rolled up lol) shorting gold. Add that gold was at some key levels to bounce anyways and it gave a nice catalyst for bulls. I imagine gold will start selling off after things settle down, but damn lol.

The reason gold rallies 09-11 was because people thought QE and low interest rates would cause hyperinflation. That clearly never transpired hence why Gold's been declining for six years. We've had deflation. The fed sees markets rising and economic optimizing expanding, so they fear if they don't raise rates then they'd be blamed for creating an asset bubble down the road. Now, when rates rise they do so with inflation so now higher rates means there is expected inflation (rise) in stocks, and the US$. We'll see gold join in on the mega market rally in time too. Everything will rise while government bonds collapse.

[Nara62629]

Dang bud, did you hold on? I stopped out of JDST before losing anything.

i'm still in! sold 1/3 of my shares at 7.73. still holding for another big push...

[Slamt]

TSLA offering news out.

stock is up on news of TSLA diluting the stock, now THAT is some shiz

[residesinAZ]

How reliable are chart patterns?

RGR has a double bottom.

http://finviz.com/quote.ashx?t=rgr&ty=c&ta=1&p=d

I sold at 53. Dumb move? I suppose it's going to surge now because of the double bottom.

Its approaching overbought though, I'd expect a pull back to the 50 day before it really start moving.

[WhAtNoWbChSs]

Its approaching overbought though, I'd expect a pull back to the 50 day before it really start moving.

Ok, thanks. All the people saying that gun stocks will return to preobama prices with republicans in the white house was starting to rattle me.

I decided to just take the 50 bucks I made off it and run.

Maybe I will buy back in later.

[ifitness1]

Got in on INCY @91.2 last September when I was researching it for my final project for a corporate finance class. Gilead rumors of buying them continue but its @152 now. Any other bio guys been watching them?

Yep, bought in at 89 last year. Jakafi is already a $1B drug and growing. More indications to come. Strong overall pipeline

[RobParks2M]

How reliable are chart patterns?

RGR has a double bottom.

http://finviz.com/quote.ashx?t=rgr&ty=c&ta=1&p=d

I sold at 53. Dumb move? I suppose it's going to surge now because of the double bottom.

IMO I look at trends/ranges more than those stupid patterns because everything conflicts when I add those in. To me, I see a downtrend and it is at the top of it's current range ready to drop, but I am not great at chart analysis.

TSLA offering news out.

stock is up on news of TSLA diluting the stock, now THAT is some shiz

Been happening for years. I've never met stockholders happier to have their share value decrease. But then again, those people give 0 fuks about fundamentals so they are probably just happy to think that TSLA will be solvent for a couple more years and won't have to contend with taking on expensive debt.

Got in on INCY @91.2 last September when I was researching it for my final project for a corporate finance class. Gilead rumors of buying them continue but its @152 now. Any other bio guys been watching them?

Portola bb. I've been pumping it since it was $25 dollars a share and even when it went down to $15 a share. Sitting at $40 now that their anticoagulant reversal drugs hit the market. I knew they would since the data was strong and providers wanted them real bad so they didn't have to keep everyone on warfarin and have to get INR checks weekly or every other week. I haven't bothered looking myself, but if there is a drug maker that has a lot of DOAC or other anticoagulants they would be a strong buy as these reversal agents will expand their market.

[hardestgainer]

Yep, bought in at 89 last year. Jakafi is already a $1B drug and growing. More indications to come. Strong overall pipeline

Yeah, Ive got some extra cash to invest again and was thinking about grabbing some more shares. Just wish I could have bought more last year

Portola bb. I've been pumping it since it was $25 dollars a share and even when it went down to $15 a share. Sitting at $40 now that their anticoagulant reversal drugs hit the market. I knew they would since the data was strong and providers wanted them real bad so they didn't have to keep everyone on warfarin and have to get INR checks weekly or every other week. I haven't bothered looking myself, but if there is a drug maker that has a lot of DOAC or other anticoagulants they would be a strong buy as these reversal agents will expand their market.

Thanks, I'll have to do some more research

[Slamt]

How reliable are chart patterns?

RGR has a double bottom.

http://finviz.com/quote.ashx?t=rgr&ty=c&ta=1&p=d

I sold at 53. Dumb move? I suppose it's going to surge now because of the double bottom.

Dunno wut RGR is, but the chart looks bullish.

Yeh, I'm not positioned at all even though I feel like gold will tank.

Edit: Glad I didn't get positioned, lol.

TLT shorts are up next.



yep 21.30 was the spot

Obviously, you short gold into it :/

Interest rates affect the US dollar. From a simple point of view, this will increase the value of the USD as entities wish to invest in it to get a ROI. However, this also increases prices within the US relative to other nations so our exports decrease. So from a macroeconomic scope, USD will rise in value and usually the market will pullback.

The other part relative to this thread is that the USD negatively correlates with gold better than other commodities. The big play was gold and getting on the right side of the volatility. It looks like the USD had some "sell the news" type of reaction which blew out us (yeah, I got rolled up lol) shorting gold. Add that gold was at some key levels to bounce anyways and it gave a nice catalyst for bulls. I imagine gold will start selling off after things settle down, but damn lol.

only problem is when you get the media pumping these plays for months now. long banks, short bonds, long dollar.

Euro looks like it's about to lift off, yen looks like it's about to lift off.

I think we should watch for an XLF unwind soon here too



EURUSD

Tried to buy some calls, but my ach dont clear till the 16th

aaaaaaaand its gone

[ifitness1]

Yeah, Ive got some extra cash to invest again and was thinking about grabbing some more shares. Just wish I could have bought more last year

I'd watch out, right now it's being propped over 150 because of GILD B/O rumors. If that falls through, it's back to 130 in a heartbeat

[RobParks2M]

Just got all read up about the fed decision. Why did the dollar drop when the 0.25% hike was anticipated? Also, anyone playing miners/pumpers/high debt companies concerned that interest will start to affect these companies more and more?

I gotta assume too if we go up to near 1% by year end that mortgage rates are gonna be up and the demand for houses will drop and rental demand/prices will go up. Not a terrible thing imo. Hopefully I can get into the housing market in a bit of a slump and manage to find a decent rate still. Although lately I've had schit luck trying to find a place to rent in the city I am moving to in May. You would think someone with a 700+ credit score, no criminal history, salary x10 cost of yearly rent (professional job), and looking to stay somewhere 2 years + would be a highly desirable tenant...

[Slamt]

Just got all read up about the fed decision. Why did the dollar drop when the 0.25% hike was anticipated? Also, anyone playing miners/pumpers/high debt companies concerned that interest will start to affect these companies more and more?

I gotta assume too if we go up to near 1% by year end that mortgage rates are gonna be up and the demand for houses will drop and rental demand/prices will go up. Not a terrible thing imo. Hopefully I can get into the housing market in a bit of a slump and manage to find a decent rate still. Although lately I've had schit luck trying to find a place to rent in the city I am moving to in May. You would think someone with a 700+ credit score, no criminal history, salary x10 cost of yearly rent (professional job), and looking to stay somewhere 2 years + would be a highly desirable tenant...

More info coming out basically saying there's no way we're gonna get more than 3 rate hikes, if we even that. Dollar got smashed on that. The hike today was already 99% priced in and those were the odds before the decision today. GDP numbers coming out and they are wack, not even close to the 3-4% GDP Trump was hyping and what we were running on. I have no idea why the SPX ran up today, which was weird. Bonds, stocks, gold up all on same day, don't see that too often.

Basically today was a sell the news day for the Dollar.

[RobParks2M]

More info coming out basically saying there's no way we're gonna get more than 3 rate hikes, if we even that. Dollar got smashed on that. The hike today was already 99% priced in and those were the odds before the decision today. GDP numbers coming out and they are wack, not even close to the 3-4% GDP Trump was hyping and what we were running on. I have no idea why the SPX ran up today, which was weird. Bonds, stocks, gold up all on same day, don't see that too often.

Basically today was a sell the news day for the Dollar.

Huh. Well I am sitting here trying to decide if people are going to start a panic sell after seeing tons of media spewing "omg record # of days without a 1% correction!!!!! 22 year record smashed@@@#!$#$@%!" Or if it will keep going up because there really aren't a whole of negatives thus far. Jobs are actually very solid still, default rates are still low on cars/houses, energy costs are still reasonable, and cost of living holding tight thanks to competition in food markets. Only big problems I see are pretty far on the horizon such as student loan debts, US debt concerns, and loss of jobs to technology/efficiency.

[BurningHeart]

Huh. Well I am sitting here trying to decide if people are going to start a panic sell after seeing tons of media spewing "omg record # of days without a 1% correction!!!!! 22 year record smashed@@@#!$#$@%!" Or if it will keep going up because there really aren't a whole of negatives thus far. Jobs are actually very solid still, default rates are still low on cars/houses, energy costs are still reasonable, and cost of living holding tight thanks to competition in food markets. Only big problems I see are pretty far on the horizon such as student loan debts, US debt concerns, and loss of jobs to technology/efficiency.

That's the thing. There's nothing on the recent horizon that people perceive as impending doom (although that's the case in any bubble).

For this reason it is quite possible the market keeps going up. However the higher it goes, the less stable it will be and more prone to significantly correct on just the slightest news.

I've personally been actively trading both bullish and bearish positions. I hold either for only a short enough time to gain a small profit. In this type of market one needs to be agile with his cash.

[Venom08]

The 50DMA on /GC is 1222.89. Hit a high of 1223.5 a bit ago.

[thetrebel]

put a order for tomorrow morning for some AMD puts

[CREDITCOUNSELOR]

Lmfao I bought jnug at 5.95 and gold is ripping


Meanwhile jdst got raped wow! Stay out of shorts with gold

[CREDITCOUNSELOR]

The 50DMA on /GC is 1222.89. Hit a high of 1223.5 a bit ago.

Isn't it at 1225 lol

[Gringo12]

Alcoa shares have gone from $8 to $38 in 2 years

[GabrielNovar]

Even though I dislike the gun trade (for stawks at least) AOBC seems like a potential turnaround or buyout IMO

edit: motif investing anyone do it. Seems interesting as you could specifically create an ETF with more direct holdings of your choosing to diversify. I'm at the point where individual stock picking just isn't worth it anymore

[Big B Bro]

I'm in on;

Aphria, Aurora, Nemaska Lithium, MGX Minerals, Nutritional High (EAT), and Hydro-One

[thetrebel]

Gotta a **** price couldn't hit the limit (**** u bid motha****a)

But I'm on $13 amd puts

[Barn01]

Even though I dislike the gun trade (for stawks at least) AOBC seems like a potential turnaround or buyout IMO

edit: motif investing anyone do it. Seems interesting as you could specifically create an ETF with more direct holdings of your choosing to diversify. I'm at the point where individual stock picking just isn't worth it anymore

I agree and I think it looks great from a value POV but the only thing I can see that's a negative is that it's holding a high SI% of float right now, and it's EPS est is low. Sign of negativity in the market. Honestly that's not enough to make me back away if I like everything else.

8/10 stock in my books.

Too bad you missed LCUT, that one is a perfect 10/10 for me but the offer came out Monday.