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

[_zman]

Draftkings finally making some progress

[RobParks2M]

Sold them for 110% gains. It’s probably gonna keep skyrocketing though lol

Thots on hopping back on the BABA train?

[Lefticle]

This thread is so much better without carbondumbass regurgitating news headlines that may result in the market going either up or down!

[stockbruh]

Pltr 🚀 🚀 🚀

[SipNPiz]

Wow my credit card company says they are going to lower my credit limit, first this this has ever happened to me

[Lefticle]

Wow my credit card company says they are going to lower my credit limit, first this this has ever happened to me

What was your limit?

How much did you typically spend per month?

What is your new limit?

[SipNPiz]

$20k limit
Usually spend 1-2k each month

They said they will adjust it down in September but did not give the new limit

[Destor]

Could that actually be a sign of banks tightening up their lending? Not sure what else a bank would have to gain from removing unutilized credit capacity on a card.

[SipNPiz]

Could that actually be a sign of banks tightening up their lending? Not sure what else a bank would have to gain from removing unutilized credit capacity on a card.

It’s happening big time with auto loans, banks used to loan like 130% ltv now it’s down to 100 ltv or they just don’t offer loans altogether

[Lefticle]

$20k limit
Usually spend 1-2k each month

They said they will adjust it down in September but did not give the new limit

Strange. Curious to see what they lower it to. Which CC company?

[RobParks2M]

This thread is so much better without carbondumbass regurgitating news headlines that may result in the market going either up or down!

Yeah thank god we go 3-5 days in a row without posts regularly now. This thread was getting waaaay to congested.

[Lefticle]

Yeah thank god we go 3-5 days in a row without posts regularly now. This thread was getting waaaay to congested.

Agreed and repped!

[2020Wellness]

SWVXX master race checking in.

Just did some checking. SWVXX is definitely not master race. Just lol @ 0.34 expense ratio and poverty sub-5% yield.

[Lefticle]

Just did some checking. SWVXX is definitely not master race. Just lol @ 0.34 expense ratio and poverty sub-5% yield.

Yeah VMFXX looking a little better for sure

[2020Wellness]

Yeah VMFXX looking a little better for sure

I still repped for money market crew, but ya.

[Venom08]

Hnnngggg just sold my HLLY calls for a 700% gain. In at 0.10 and out at 0.77. I found my niche: buy very far out calls on extremely oversold companies and wait for a spike off some lows.

[SipNPiz]

Nice play on Holley, I got out of them when I realized long term their total addressable market shrinks every year

Wow vix headed to single digits this year?

[RobParks2M]

Nice play on Holley, I got out of them when I realized long term their total addressable market shrinks every year

Wow vix headed to single digits this year?

Yeah. I’m pretty certain it’s due to having 1DTE SPY options Monday through Friday

[Venom08]

Hnnngggg just sold my HLLY calls for a 700% gain. In at 0.10 and out at 0.77. I found my niche: buy very far out calls on extremely oversold companies and wait for a spike off some lows.

I bought far out calls on these companies today: CSTL, NET, ATRA, LNSR

[MinisterOfLust]

Added more FUBO, VROOM, and RAD.

[Destor]

I'm losing track of all the strikes that have happened this year as people fight for more wage increases that will then end up working their way through the economy, now have a big one at a major port in BC

[SipNPiz]

I'm losing track of all the strikes that have happened this year as people fight for more wage increases that will then end up working their way through the economy, now have a big one at a major port in BC

Doesn’t the prime minister just freeze everyone bank account until they do what he says?

[Azrairc]

core inflation still chit

soft landing or no?

Do you guys know of CIT bank's 4.95% savings APY? I will be parking my money there. My broker doesn't allow purchases of VMFXX. I haven't seen any places that offer higher rates besides CDs.

why not just get 1 month t-bills at over 5%

[Bingo559]

anyone trading past the market hours on RH?

[Crazy_Desi]

Is UPST a buy now? Don't know if there is any price target

[Destor]

I would always recommend not buying anything on the back of a 250% 6-month rally, but who knows

[Crazy_Desi]

I would always recommend not buying anything on the back of a 250% 6-month rally, but who knows

But it keeps going up lol

[thatsnarf]

who else putting life savings into arkk

[taf1968]

Is UPST a buy now? Don't know if there is any price target

I sold some this week that was up about 130% on . . . trying to learn my lesson and be pretty happy with returns like that. Still have some that I'm letting ride, but I know that I wouldn't be comfortable buying after the run it's had. If it pulls back, I might get back in for some shares.

[Destor]

But it keeps going up lol

Things always go up until they don't

What's a reasonable valuation for the company?