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

[Kane_89]

So wheres the next support level?

Its over lol

[A0wner21]

Holy **** I only started getting into options this past week with chump change and making mad gains, time to drop more.

[WhAtNoWbChSs]

So wheres the next support level?

Its over lol

I'm only looking at qqq but it needs to bounce here. 150 is the line in the sand. Below 150 takes out February lows and wipes out over 2 years worth of gains in short order.

[mike.hunt]

Guess my UPS and JNJ calls have bottomed at -50% lol they are going green today somehow while market is dumping

[mike.hunt]

I like watching CNBC try to find a new reason for declining market every single day lmao


The selloff is 99% because of Donald “Tariff Man” Trump with his failed trade war and pending political & business legal issues. The US economy is more than fine, China and EU were fine until Trumps retarded orange ass fuked it all up.

Mr Trump got the snowball rolling and now it’s an avalanche. Gg

Oh yea almost forgot Fed is doing their job, trumps dumb tweets not helping anything. He can’t tell the Fed what to do that is not good for anybody.

[ghostfacedup]

I like watching CNBC try to find a new reason for declining market every single day lmao


The selloff is 99% because of Donald “Tariff Man” Trump with his failed trade war and pending political & business legal issues. The US economy is more than fine, China and EU were fine until Trumps retarded orange ass fuked it all up.

Mr Trump got the snowball rolling and now it’s an avalanche. Gg

Oh yea almost forgot Fed is doing their job, trumps dumb tweets not helping anything. He can’t tell the Fed what to do that is not good for anybody.

libs are going to lib. Look around at the world and stop focusing on orange man.

[HMFIC_BROWSIN]

libs are going to lib. Look around at the world and stop focusing on orange man.

Lmao this. Feds raising rates due to the fukin economic boom are causing the drop. Not a hilarious Trump tweet.

[WhAtNoWbChSs]

The market moved directly from crash master powell. Dunno why you guys are fixated on trump. It's the fed. High interest rates are like gravity for stocks.

[Venom08]

The market moved directly from crash master powell. Dunno why you guys are fixated on trump. It's the fed. High interest rates are like gravity for stocks.

High interest rates correlate to a good economy and bull market in stocks.

Just lol at people who think we're entering a bear market. Is there a bubble anywhere? Yes. In government bonds.

DJIA support: 22415, 21600, 19135. If one goes, then the target becomes the following number. Bear trap is gonna be if we get to 21600. The slingshot up will be spectacular. I'm going all in if 21600 holds. It'll either make or break me. I'll enter 30% in 3x leveraged ETFs of SPX and DJIA and then 70% in SPY, DIA, and QQQ calls which expire in 2020.
SPX: 2420.5, 2240

[dopamine72]

Its a combination of allot of things and now we're experiencing a mad snowball effect like someone else said

I never said amazon couldn't go back to 1000 either whatnow you cheeky kent, please don't put words in my mouth

Do I think its more likely to go over 2k again? Yes

Anyone else's weed stocks surging right now? Some of mine are saving my ass with this correction we have going lol

NOUV +166%
PURA +20%
USMJ +60%

all in one day

[WhAtNoWbChSs]

High interest rates correlate to a good economy and bull market in stocks.

Just lol at people who think we're entering a bear market. Is there a bubble anywhere? Yes. In government bonds.

DJIA support: 22415, 21600, 19135. If one goes, then the target becomes the following number. Bear trap is gonna be if we get to 21600. The slingshot up will be spectacular. I'm going all in if 21600 holds. It'll either make or break me. I'll enter 30% in 3x leveraged ETFs of SPX and DJIA and then 70% in SPY, DIA, and QQQ calls which expire in 2020.
SPX: 2420.5, 2240

Agreed. We are overdue for a bounce. Even the chit coins are rallying. lol.

[Bar182]

High interest rates correlate to a good economy and bull market in stocks.

Just lol at people who think we're entering a bear market. Is there a bubble anywhere? Yes. In government bonds.

DJIA support: 22415, 21600, 19135. If one goes, then the target becomes the following number. Bear trap is gonna be if we get to 21600. The slingshot up will be spectacular. I'm going all in if 21600 holds. It'll either make or break me. I'll enter 30% in 3x leveraged ETFs of SPX and DJIA and then 70% in SPY, DIA, and QQQ calls which expire in 2020.
SPX: 2420.5, 2240

You are in for a very rude awakening. high interest rates correlate to a bull market in stocks? might want to rethink that statement lol.

The market top is definitely in and 2019 will be a bear market, there will also be worldwide recessions.

In saying that im going long on SPY here with a bull debit spread 255-260 with Dec 28 expiry.

And its not Trump or the Feds fault, the rate hike was already baked in ffs. Now if they keep raising next year thats a different story.

[smallmeatchamp]

Lol, this economy is strong RN, buy the fuk outta this dip. This is a gift from the algorithms... People have money, everyone has a job, people are quitting incredible positions because theres a million other options right now.

Its like the 90s again. Buy buy buy. I have another ~$10k cash going in before jan 1st. Im thinking AMZN/twtr/sq

Do you not see the potential massive head and shoulders on twitters weekly chart with a neckline at roughly $28? Sounds crazy but I have an $8 target if it confirms lol.

[WhAtNoWbChSs]

Do you not see the potential massive head and shoulders on twitters weekly chart with a neckline at roughly $28? Sounds crazy but I have an $8 target if it confirms lol.

I took my lumps on Cuckbook. in 150 out 137. fuk these bullchit social media stocks. Id rather buy cloud computing companies.

[aleeboy]

You are in for a very rude awakening. high interest rates correlate to a bull market in stocks? might want to rethink that statement lol.

The market top is definitely in and 2019 will be a bear market, there will also be worldwide recessions.

In saying that im going long on SPY here with a bull debit spread 255-260 with Dec 28 expiry.

And its not Trump or the Feds fault, the rate hike was already baked in ffs. Now if they keep raising next year thats a different story.

Although we will see a staggering growth in defaults and more volatility, I think the US will be protected this time around. EU and Asia and Banking stocks I would not invest in. US is the way to go (apart from Banking sector). I do not see a recession. I see this as a rotation and fee income drive by the wire houses and investment management industry. US stocks will bounce back strongly in the short term with a moderately strengthening USD.

[Bar182]

Although we will see a staggering growth in defaults and more volatility, I think the US will be protected this time around. EU and Asia and Banking stocks I would not invest in. US is the way to go (apart from Banking sector). I do not see a recession. I see this as a rotation and fee income drive by the wire houses and investment management industry. US stocks will bounce back strongly in the short term with a moderately strengthening USD.

My view is the global drain will then eventually bring down the US as well. USD will pump for the next 6 months, US equities will go down.

[smallmeatchamp]

I took my lumps on Cuckbook. in 150 out 137. fuk these bullchit social media stocks. Id rather buy cloud computing companies.

Lol I'm not buying anything right now except puts and maybe GLD.

[Bar182]

Lol I'm not buying anything right now except puts and maybe GLD.

Lots of vega risk in buying puts at these levels

[iifymbro]

markdown has begun boyos, unless it's a trap of peace

[smallmeatchamp]

Lots of vega risk in buying puts at these levels

Depends on the stock. Twtr is just starting a massive down trend imo.

[Bar182]

Depends on the stock. Twtr is just starting a massive down trend imo.

Paying out the ass on your options premiums for Twtter though, any normalisation in vega will eat you up.

The asymmetry isn't in the trade to short where current price is, need to wait for a bounce, unless you got in a week a go that was a good spot.

[tunafish01]

Crazy that so many people gamble on stocks (including myself) and we have 0 control over it.

[WhAtNoWbChSs]

wow, the bears are ruthless

[tunafish01]

wow, the bears are ruthless

this is why for me.. Real Estate ? Stocks.

[smallmeatchamp]

Paying out the ass on your options premiums for Twtter though, any normalisation in vega will eat you up.

The asymmetry isn't in the trade to short where current price is, need to wait for a bounce, unless you got in a week a go that was a good spot.

well was waiting for a bounce to 30 or 31. It doesn't look likely though so still waiting for a good set up. If 28 breaks this week I'll wait for a retest of that.

[WhAtNoWbChSs]

and semi conductors are up as usual. lmao. the market manipulation knows no bounds.

[Venom08]

https://www.cnbc.com/2018/12/20/the-...d-in-2018.html

93% of asset classes are down this year. So tell me, if stocks have entered a bear market, where has the money been flowing into? Where CAN it flow to?

[iifymbro]

https://www.cnbc.com/2018/12/20/the-...d-in-2018.html

93% of asset classes are down this year. So tell me, if stocks have entered a bear market, where has the money been flowing into? Where CAN it flow to?

I mean... personally the fat stack of stocks I liquidated back in August have been chilling in USD this whole time, I'm sure I'm not alone.

[Bar182]

https://www.cnbc.com/2018/12/20/the-...d-in-2018.html

93% of asset classes are down this year. So tell me, if stocks have entered a bear market, where has the money been flowing into? Where CAN it flow to?

Bonds. Cash.

[Venom08]

Bonds. Cash.

Who in their right mind would invest in bonds with rising rates?