Thoughts on NCLH boys?
Compared to their peers they've taken on less LTD, and might be a good value buy with a quick sell 6-months after covid is "over"? Long-term I dont know how much FCF they'll have to repay the covid debt outside of nearly a decade, but I imagine this is near bottom right now. Plenty of cash to pay current portions for the next few years, which I imagine is beyond covid timescale, so minimal BK risk.
[QUOTE=Heaney;1631242043]Was gonna say this. PLTR seems like either a day trade or a long term hold at this point. It went from 8 to 40 in a few months so I think the huge pop potential is gone now but its something that you will likely be able to check in 5-7yrs and it'll be 100/share.[/QUOTE]
[QUOTE=TugOfPeace;1631242783]If you see gain then why not take profit and wait for another dip? I never hold it for more than a few days unless I'm in the red[/QUOTE]
Yeah imma start doing that, honestly might start buying weeklies again too. Just wanted to be "a proper investor" and literally just hold without trying to time the market or anything but fuk that.
[QUOTE=LCBOLeo;1631243533]Yeah imma start doing that, honestly might start buying weeklies again too. Just wanted to be "a proper investor" and literally just hold without trying to time the market or anything but fuk that.[/QUOTE]
Or sell some covered calls
[QUOTE=NoScrubz;1631243663]Or sell some covered calls[/QUOTE]
I actually wanted to get into this but last I heard PLTR has poor premiums I think?
[QUOTE=LCBOLeo;1631244083]I actually wanted to get into this but last I heard PLTR has poor premiums I think?[/QUOTE]
No just wait for a green day and make sure to choose a strike that you would be comfortable selling at if the shares get called away
[QUOTE=LCBOLeo;1631242163]That’s true but fuk it’s gets so tiring seeing somewhat of a gain then a 50% retrace, every single time.[/QUOTE]
you should stop with trading/investing srs, u obviously can't handle the market, can't imagine what you would do if the proper correction comes, you will probably rope yourself
brb complains about 20% pullback on a 250% gain stock
brb brb
Forget stock price fluctuations, what is the business actually doing in the real world? If it’s generating real value and you have confidence in its long-term prospects, crazy dips should be buying opportunities
[QUOTE=Heaney;1631242043]Was gonna say this. PLTR seems like either a day trade or a long term hold at this point. It went from 8 to 40 in a few months so I think the huge pop potential is gone now but its something that you will likely be able to check in 5-7yrs and it'll be 100/share.[/QUOTE]
These people don't understand that it's not normal for stocks to rise 400% in a few months.
Even a couple of years ago, if you made 10-15% gains on a stock YOY, you'd be happy.
This market has gone full retard and it's not going to be smooth sailing with nothing but green forever.
I did do a 5k yolo on aphria. Lost 5k. My biggest lost in a single trade so far yet.
[QUOTE=LCBOLeo;1631244083]I actually wanted to get into this but last I heard PLTR has poor premiums I think?[/QUOTE]
Check the i.v. on the options.
They're always high iv. Meaning always good premiums.
Right now it has earnings so especially good premiums ( just like any stock)
Sold 3 45$calls for .45
And sold 3 calls 36 3/12 for 3.25 just because I need to free up capital
[QUOTE=LCBOLeo;1631242163]That’s true but fuk it’s gets so tiring seeing somewhat of a gain then a 50% retrace, every single time.[/QUOTE]
It's gonna be a rocky road full of dips and pumps. As of right now, it seems PLTR is not fully understood by a lot of people. Only time it really pumps is when a new deal comes out. If you don't like holding long term then I don't think this is a stock for you but several years down the line you might be pretty pissed you never kept it. Insane amount of data and backed by the government? Sign me up.
Also, as someone else said this thing already skyrocketed from like $9 a few months back. That's already pretty crazy. Everybody spoiled in this insane bull market.
Been holding $GTHX since Jan. got FDA approved today and is jumping 21% after hours.
This is easily 40-50$+ per stock.
Bumble IPO this week. Already in $70s. Haven’t read much but new Ipo = high IV once options open and time to sell some puts
[QUOTE=Venom08;1631252633]These people don't understand that it's not normal for stocks to rise 400% in a few months.
Even a couple of years ago, if you made 10-15% gains on a stock YOY, you'd be happy.
This market has gone full retard and it's not going to be smooth sailing with nothing but green forever.[/QUOTE]
Don't worry - we'll crash down to 25K with stagflation before we slingshot to 50K by 2022 soon enough :D
[QUOTE=Harry362;1631254943]Bumble IPO this week. Already in $70s. Haven’t read much but new Ipo = high IV once options open and time to sell some puts[/QUOTE]
Got in and hot the am on on the pol but unsure about it long
[QUOTE=Venom08;1631252633]These people don't understand that it's not normal for stocks to rise 400% in a few months.
Even a couple of years ago, if you made 10-15% gains on a stock YOY, you'd be happy.
This market has gone full retard and it's not going to be smooth sailing with nothing but green forever.[/QUOTE]
I agree with this, but I don't see a catalyst for a correction anytime soon. Rates won't rise till 2023 at the earliest, yield curve is steepening, even Fauci is saying normies can probably start getting vaccined by April, etc. I don't understand how we ended up being 15% higher in a year where the world literally came to a standstill and is STILL operating materially below capacity as well. The fed injected so much money into the system and is doing even more of this chit that everything is expensive and we have mostly seen multiple expansion rather than true earnings growth. Sure, the earnings will catch up someday, but I do feel like we're inevitably going to trade sideways for a long time or there's going to be a huge crash that'll make last year look mild.
I know historical data isn't a predictor of what will happen next and P/E isn't the best metric in general, but pretty interesting chart here:
[url]https://www.multpl.com/s-p-500-pe-ratio[/url]
That chart shows earnings right now are eerily similar to that preceding the crash in the early 2000s. What's even scarier is the decline in the 2000s was led by overexuberance over technology after the index recovered from the September 11th attacks the prior year. Sound familiar?
[QUOTE=TugOfPeace;1631256223]I sure hope this isn't the case. I just don't see how it can ever go back to 10-15% gains in a year.. is there just insanely low volume and no people pumping stocks in that kind of market? How is it possible to stare at markets all day and come out with 15% after a YEAR of trading lmao.. I don't want to believe bro[/QUOTE]
Um, what? The 10-15% was for buying and holding. Most who were actively trading, including hedge funds, were underperforming that.
[QUOTE=TugOfPeace;1631262563]I believe you, I just can't comprehend it. I've gone from $20k to $70k in about 10 weeks with active trading; what you're telling me though is that in a typical market I'd be lucky to make $3k in an entire year with $20k.. (15% gains)..[/QUOTE]
Correct.
The downturn is when we all get fooked.
For now we can be glutenous nutjobs stacking benjamins.
[QUOTE=TugOfPeace;1631262563]I believe you, I just can't comprehend it. I've gone from $20k to $70k in about 10 weeks with active trading; what you're telling me though is that in a typical market I'd be lucky to make $3k in an entire year with $20k.. (15% gains)..[/QUOTE]
Brah my girl opened up a Robinhood account with $1k a couple months ago and she's at like $12k just buying chit her and her friends talk about or see on social media. Market is on full retard mode rn just take advantage while it lasts.
[QUOTE=TugOfPeace;1631262563]I believe you, I just can't comprehend it. I've gone from $20k to $70k in about 10 weeks with active trading; what you're telling me though is that in a typical market I'd be lucky to make $3k in an entire year with $20k.. (15% gains)..[/QUOTE]
It used to be that you'd plan on 4% return for retirement to figure out what you need for a balance to avoid eating into your principal. There's a lot of talk now that 4% is too high.
This market really does remind me quite a bit of the dot-com bubble years. Stocks would run up on no good reason other than "it's a dot-com". Fundamentals didn't matter one bit. Then everyone figured out that there was no there there . . . and it all cratered. Guess we'll find out soon enough.
[QUOTE=TugOfPeace;1631262563]I believe you, I just can't comprehend it. I've gone from $20k to $70k in about 10 weeks with active trading; what you're telling me though is that in a typical market I'd be lucky to make $3k in an entire year with $20k.. (15% gains)..[/QUOTE]
I would have been stoked to turn 15% yoy. I guess I’m a boring ass investor. I just buy my index funds and speculate with like 10% of deposited funds.
[QUOTE=TugOfPeace;1631273123]Yea, that's a big one. I have thresholds for when I take profit nowadays, I've adopted the mindset that there's always more money to be made, so lock in profits as frequently as possible. Better to make a small amount of money than nothing at all. No regrets at all leaving $ on the table[/QUOTE]
what threshold do you set yourself
Got absolutely raped the last two days but holding. For all my XMET brahs just remember up or down, nothing matters until reverse merger time. If you sell before that you’re a potato.
Any of you believe by the end of the year that your portfolio will be around or close to a million?
[QUOTE=MinisterOfLust;1631284023]Any of you believe by the end of the year that your portfolio will be around or close to a million?[/QUOTE]
If we're talking Rupes, maybe
I think we’ll see deflation as money leaves the market when the world opens up, QE ceases, and people have things to spend their cash on again
Or this plays out exactly like the 1918 Spanish Flu: pandemic hits, roaring 20s and market insanity ensues, and it continues until an equally insane crash similar to the one in 1929. The conditions are eerily similar, it’ll just be the roaring 2020s instead of the roaring 1920s
For better or worse, I think this is the future of trading. Institution and old schoolers probably hate it, but gone are the days when people are happy with 5-10% annual returns. There’s too much free and instantaneous information (no longer have to subscribe to WSJ or other financial periodicals) available for everyone. With commission free trading and stocks being more accessible to the average person, more and more will get into stocks, and allow for more people to make decent money trading. Might not be able to quit your job, but it can sure supplement a steady income.
Look how social media, which isn’t going away, has infiltrated our lives. This is a similar movement. Either adapt and try to take advantage or stick to your 5-10% returns. I think it’s great and will allow more people opportunities to better their lives. Of course, there will still be those who FOMO and get left holding bags.
[QUOTE=Heaney;1631285433]If we're talking Rupes, maybe[/QUOTE]
Pesos
[QUOTE=Heaney;1631285433]If we're talking Rupes, maybe[/QUOTE]
Lol, you are the spac king .
[QUOTE=BroncManiac;1631288373]For better or worse, I think this is the future of trading. Institution and old schoolers probably hate it, but gone are the days when people are happy with 5-10% annual returns. There’s too much free and instantaneous information (no longer have to subscribe to WSJ or other financial periodicals) available for everyone. With commission free trading and stocks being more accessible to the average person, more and more will get into stocks, and allow for more people to make decent money trading. Might not be able to quit your job, but it can sure supplement a steady income.
Look how social media, which isn’t going away, has infiltrated our lives. This is a similar movement. Either adapt and try to take advantage or stick to your 5-10% returns. I think it’s great and will allow more people opportunities to better their lives. Of course, there will still be those who FOMO and get left holding bags.[/QUOTE]
Honestly think this is just the inclination to feel like something is totally novel and unique. None of this is new, and the old schoolers would probably rattle off a story about some almost-identical event that happened in Sumeria 5000 years ago. We can easily draw similarities between current events and what happened after WWI / the 1918 flu pandemic: asset prices blew up with low interest rates and the stonk markets entered a speculative craze. Record numbers of new investors flooded in and that craziness ramped up until the Great Crash in 1929, which wiped out the markets and turned off that new generation of investors.
The more likely reality is that everything is cyclical and this is merely another ring around the rosie
Will the acceleration of novice retail investors entering the market vis a vis online casinos such as Robinhood, etc cause a catastrophic panic-sell type correction in 2021?