**Un-OFFICIAL** Trading and Investing Thread: Part XIII -- Robber Baron Edition

[topperstyle]

You gents think when the stimulus bill gets voted and passed in the house that it will reverse the downtrend?

It’s bigger than that.

[PermaBulk610]

My portfolio is down 23%, lost all my February gains. Feel like complete chit. And just the other day I bought myself a Rolex for $15k.. basically lost that money, fuk.

If we bounce back somewhat I may gain back 14%..

Take the Rolex back. Two week Buyers remorse period.

[NoScrubz]

You gents think when the stimulus bill gets voted and passed in the house that it will reverse the downtrend?

1) Market took a dive due to a spike in bond yields
2) Bond yields are spiking because markets are dumping bonds
3) Markets are dumping bonds because of inflation fears, which would lead to the Fed hiking rates
4) Inflation fears are due to how much money has been pumped into the system over the past year
5) A new stimulus would increase that money supply, right before the economy fully reopens
6) Back to step 1?

[USAPump]

Discount brah? Apple was trading for $56 (post-split value) not even 12 months ago. NVDA was at $212, AMD was <$40, and FSLY was at $14, all less than a year ago


I'm bearish on this chit but these companies have had insane runs and are still almost at all-time highs, Intel is the only one that looks reasonable and even it had dipped to like $44 recently. Maybe these are good valuations, but calling it a discount seems like a stretch when these are up +100-300% in less than a year

Intel hasn't even recovered from March 2000 yet

[taf1968]

Ooof . . . my Etrade was down $8,600 for the day.

Not even gonna look at my 401k.

[Arem24]

I would love to see a 20-30% broad market pullback, lmao.

Seeing piggies squeal is my deal.

[Arem24]

I'm up 216%.. but after this week I'm up 166%. If we have even a minor recovery I'll be back up 180%.



Nah, I'm keeping it. I'm actually planning to buy one more as well. My finances are in good shape, just pissed I didn't pull out sooner. I'll make back the $16k and more, assuming we're not going into a bear market.

Bruh, there's some legitimate long term concern on watch valuation, most ballers I know even just go straight with an Apple watch. They haven't liquidated their collections, but it's not the same anymore and it's a building trend.

Personally, I have a few cheap quality watches like Timex and a couple Movados because I like the aesthetic.

[MediocreGains]

You gents think when the stimulus bill gets voted and passed in the house that it will reverse the downtrend?

Mostly priced in.

The crash continues boyos. Who knows how deep it will go. Bear market perhaps?

Doubtful. Just the same kind of volatility we've been seeing every couple months after a massive runup. We saw an even bigger correction in September, and look at where we're at now. The market has been in a constant state of worry for the past year because no one wants to be caught standing when the music stops, but I don't think this is it.

[meep316]

Sold 80k shares of AWGI yesterday to "buy the dip" on XMET when everyone said the R/S document was fake. Was about $500 worth. Planned on buying back into AWGI by adding between now and Wednesday.

Today AWGI went up 80% and XMET dipped even further. I may not be able to even get my original 80k shares back of AWGI without paying triple the price. Fukking want to die right now.

[Travis99]

weren't you making long DD posts about XMET.. is it not a good play anymore? I'm down 50% but put in $500 for the lols. there were multiple times when I could've cashed out with $500 profit but decided to wait.. rip

I got $50.50 in XMET. That’s probably why it crashed.

100% srs

[Arem24]

I do have an apple watch, but I've waited for nearly a decade to own my first pricey watch; been waiting to be debt free before buying it and I finally got there. It's a reminder to me of how far I've come, because I started my adult life deep in the red (student loans). Not too concerned about its long term value. I have precious metals already and figure Rolexes will never lose too much value, it's also a store of wealth for me.

I only want one more Rolex and I'm good for a long, long time.

For sure, that’s reasonable. Also, still a good hold of value, that and guns.

99% of humans would find a worse way to spend the money.

[SouthDakotaBrah]

For sure, that’s reasonable. Also, still a good hold of value, that and guns.

99% of humans would find a worse way to spend the money.

who needs guns when you have these? (see avi)

[PositiveCrew]

How are you guys standing YTD? I'm showing 9% return, need to know if I need to make any adjustments if there is some doom and gloom coming, might buy some more ARK on the cheap.

+175% YTD, +300% 1 year

#GME

have been averaging like 30% the last 3 years

[johnnyboi123]

thanks biden!

[Destor]

As of close today I'm sitting at about +45% YTD (unrealized)

[Heaney]

People in here are becoming panicky weirdos. The market did this exact same thing in June, Sept, Oct and Jan. Not every day is going to be green.

[Destor]

Wasn't day trading but while hodling my P/L went from something like +$16k to -$20k between June and Oct

[Heaney]

I wasn't nearly as leveraged in January; wasn't even day trading in June/Sept/Oct. Were the dips this bad back then?

Dow dropped 1200pts in a week in January, 2000pts in 17 days in October, 2500pts in 3 weeks in September.

[SipNPiz]

Yea today was meh/10 bought some GO since I shop there a lot, it’s busy all the time and they’re growing, peep the revenue growth.

Also a lot of their products they get for nothing since they are overstock or label change or seasonal change items, huge profit margin.

See chit their for .99 that sells for 4.99 at Whole Foods

[AverageKenneth]

The crash continues boyos. Who knows how deep it will go. Bear market perhaps?

Liquidated like 85% of my portfolio last week so I ****ing hope so.

[Bingo559]

Is there any point in signing up for thetagang website? Besides being able to post your own trades?

Seems like it's just a long wall of randoms posting trades they setup.

[Lefticle]

Ooof . . . my Etrade was down $8,600 for the day.

Not even gonna look at my 401k.

Lucky. I’m down $11k today for a total of $21k this week.

[USAPump]

Anyone want to pray together for whats coming today ?

[MinisterOfLust]

Anyone want to pray together for whats coming today ?

Lol

[USAPump]

Lol

bruh im holding so many rn that they're starting to have their own gravitational fields

[MediocreGains]

People in here are becoming panicky weirdos. The market did this exact same thing in June, Sept, Oct and Jan. Not every day is going to be green.

Exactly. Hurts more though since we all have larger accounts now, and many of us are taking on more risk now (well, I am).

Was down 10% today because I'm mostly in growth stocks, and even my "safe" theta plays are getting killed because the puts I sold are now in or almost in the money. They expire 3/19 though, so I still got time.

I wasn't nearly as leveraged in January; wasn't even day trading in June/Sept/Oct. Were the dips this bad back then?

Worse. You can take a look at the charts.

Futures are looking ugly tonight though, and if support breaks we might see another September.

[Schnitzl]

People in here are becoming panicky weirdos. The market did this exact same thing in June, Sept, Oct and Jan. Not every day is going to be green.

Lol this. People who jumped in at the end of last year or this year have only seen green so as soon as there's a day or a week of red dilderidoos it's panic market crash we gon lose everything.

Relax and learn delayed gratification.

[slavko]

Anyone want to pray together for whats coming today ?

Father, who art thou in heaven. I pray for thy and the misc brethren. For you said your yoke is easy and your burden is light. Take these heavy bags and do not allow Satan to steal our gains, Amen.

[Lefticle]

Father, who art thou in heaven. I pray for thy and the misc brethren. For you said your yoke is easy and your burden is light. Take these heavy bags and do not allow Satan to steal our gains, Amen.

Ye though I walk through the valley of the shadow of panic sells, I fear no losses, for Thou art with my portfolio.

[USAPump]

Exactly. Hurts more though since we all have larger accounts now, and many of us are taking on more risk now (well, I am).

Was down 10% today because I'm mostly in growth stocks, and even my "safe" theta plays are getting killed because the puts I sold are now in or almost in the money. They expire 3/19 though, so I still got time.



Worse. You can take a look at the charts.

Futures are looking ugly tonight though, and if support breaks we might see another September.

Futures looked like they picked up a bit as of now.


There might be hope. Keep praying with me brahs.