**OFFICIAL** Trading and Investing Thread: Part XVI -- BAG HOLDING EDITION

[HMFIC_BROWSIN]

Pull up a BROS weekly chart right now and look at this week's bull volume.

This is the beginning of a sustained and strong rally. I'm deploying all of my cash into it today.

Very reminiscent of the high volume weekly bullish candle we saw on COIN back in July 2023.

Fuark. This one seems like it's getting away.... I was hoping for some kind of retracement to $30 or so.... I bought 200 more last week, but still wanted another 300-400 shares. Might just have to be happy with what I got.

I've owned this since nearly it's IPO. Never sold a share. Just keep loading the boat lol. Don't even know what my DCA is anymore.

[RobParks2M]

Any new meme bagholders today?

[stockbruh]

Any new meme bagholders today?

Yea I got paid 800$ to take 200 shares of AMC at 10$ strike oh well I’ll just hold till the next rally

[SipNPiz]

Gold heading back up!

[SipNPiz]

Copper price all time high, doesn’t it always reach a new high right before a recession?

[Abzu]

Sold some puts on CCOI at an extreme premium.

Haven't bought more shares yet though.

Soon.

Copper price all time high, doesn’t it always reach a new high right before a recession?

The copper stocks pay pretty good dividends so I have my eye on them, theres at least one that is within about 10% of my 1st price target.

[NestBrah]

Copper price all time high, doesn’t it always reach a new high right before a recession?

Not buying the soft landing narrative?

[SipNPiz]

Not buying the soft landing narrative?

I’m a permabear

[NestBrah]

I’m a permabear

I have been too for the last 2 years but it has become exhausting

[BuckNakedinBama]

Hot ppi? Rally.

Hawkish Powell comments? Rally.

In line CPI? Rally.

What the hell. My only explanation is irrational exuberance.

[RobParks2M]

Hot ppi? Rally.

Hawkish Powell comments? Rally.

In line CPI? Rally.

What the hell. My only explanation is irrational exuberance.

Too much money sloshing around.

[Abzu]

Hot ppi? Rally.

Hawkish Powell comments? Rally.

In line CPI? Rally.

What the hell. My only explanation is irrational exuberance.

Lol.

I've been there.

We are almost there bro <3 I really believe that.

[Abzu]

Interesting thoughts Abzu. Thanks.

So you're personally very bearish currently?

No, I'm actually pretty bullish overall, most of the tickers I have posted have been plays to the upside.

I'll be posting puts soon I'm sure.

I'll rep you some juicy long calls.

[RobParks2M]

No, I'm actually pretty bullish overall, most of the tickers I have posted have been plays to the upside.

I'll be posting puts soon I'm sure.

I'll rep you some juicy long calls.

Hook me up too fam.

My searches have yielded mostly garbage that should be shorted to oblivion.

Nycb
DJT
CVNA
WBA
AMC


I’ve got a few long term holds but struggling to see long term bull case for markets generally

[NestBrah]

No, I'm actually pretty bullish overall, most of the tickers I have posted have been plays to the upside.

I'll be posting puts soon I'm sure.

I'll rep you some juicy long calls.

Thanks man. So pretty bullish then extremely bearish and you see the S&P 500 going off a cliff down to the high 3000s/low 4000s?

[BuckNakedinBama]

Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments

https://www.cnbc.com/2024/05/16/cred...cies-rise.html

Consumer is breaking down...

Doubled my SQQQ position today

[dopamine72]

And Venom's 40k Dow call finally hits

Wow

[RobParks2M]

And Venom's 40k Dow call finally hits

Wow

I think he called 2024 right?

[SipNPiz]

Gold, my latest call has spent 99% of its life in the red until today

[BBAckman]

No, I'm actually pretty bullish overall, most of the tickers I have posted have been plays to the upside.

I'll be posting puts soon I'm sure.

I'll rep you some juicy long calls.

Count me in too! The great misc pump of 2024.

That and Fannie/Freddie of course.

Side note, Ulta beauty might be good for a little run.

[_zman]

Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments

https://www.cnbc.com/2024/05/16/cred...cies-rise.html

Consumer is breaking down...

Doubled my SQQQ position today

I heard there's an uptick in underwater mortgages too.

[RobParks2M]

I heard there's an uptick in underwater mortgages too.

Fannie and Freddie both reported upticks. Not a significant amount mind you