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

[TugOfPeace]

Puts are saved!

What kind of clown bs is this, SPY still trying to bounce back

[Destor]

I love that the express.co.uk link up there has "world-war-3 right at the end of the URL and then the article says nothing about WW3

This is media fukery of the highest order

[Carbonfibre]

it took shiiit site to report first

but yeah now credible source confirms it

https://apnews.com/article/russia-uk...1ee71b52ff9d52

basically stray rocket went across Ukraine border about 2-3 miles into Poland.


that amazing Russian rocket tech.


US defense companies are gonna be busy for several life times over to other countries for arm supplies, now that its been proven Russia military tech is pure shiiit.




edit:

word is that Ukraine shot down the rocket in their region but some of the fragments landed into Poland

no WW3


market gonna use this as

[Abzu]

Was about to say that folks need to wait for confirmation before they start to panic/buy puts lol.

[dankydank]

Days like today the rotation into boomer stocks out of tech is so blatant. Even with commodities tanking the stocks are turning green. Financials turning green also

[Destor]

Many of the talking heads seem to expect stuff like energy to become a higher % of the indices, energy already contributes an outsized portion to S&P earnings relative to their valuation

[401Delta]

Dear Diary,

I have a bunch of limit orders set @ SHTF prices, and yesterday one of them executed.

I had two limit orders set for this company (otc, precious metals miner), one to buy shares @ .41 or lower and the other to buy shares @ .36 ot lower.

The order executed @ .30, but only filling my highest limit order.

I pulled up the nasdaq website and it indicated that my order contained all of the shares traded up to that point (early am), and that the company's market cap had plummeted 60% just from my trade alone.

I was like, fukn market mover I am, bishes.

The price came back up later in the day as more shares were traded, and is back to even today (70% gain for me).

Still, tho...I was like wtf just happened .

[SipNPiz]

Dear Diary,

I have a bunch of limit orders set @ SHTF prices, and yesterday one of them executed.

I had two limit orders set for this company (otc, precious metals miner), one to buy shares @ .41 or lower and the other to buy shares @ .36 ot lower.

The order executed @ .30, but only filling my highest limit order.

I pulled up the nasdaq website and it indicated that my order contained all of the shares traded up to that point (early am), and that the company's market cap had plummeted 60% just from my trade alone.

I was like, fukn market mover I am, bishes.

The price came back up later in the day as more shares were traded, and is back to even today (70% gain for me).

Still, tho...I was like wtf just happened .

Sounds like very low liquitidy. Sometimes happens on meme stonks after hours when derps don’t do limit order on one side of the trade and the price temporarily goes to that price until another bid exists, can waste a lot of money

[Venom08]

I bought several Jun 2023 and Jan 2024 calls on NEM. It is looking beautifully set up for a strong rally.

[401Delta]

I bought several Jun 2023 and Jan 2024 calls on NEM. It is looking beautifully set up for a strong rally.

That ship has already sailed.

I got stopped out early at 44 and missed some of the rally, but I'm betting it's headed back down as the dollar heads back up.

I have orders set at 37 and below.

[2020Wellness]

Made a successful trade of TGT this morning after the 15% dump. They've lost 400,000,000 to shoplifting......JFC.

[SillieBazzillie]

Made a successful trade of TGT this morning after the 15% dump. They've lost 400,000,000 to shoplifting......JFC.

I'm surprised we haven't heard more about shoplifting impacting financial results. It's out of control and needs to be brought back in control. Was in Baltimore in a nice neighborhood in a liquor store and every single bottle of liquor had some type of anti-shoplifting tag or tracer on it.

ib4 I'm surprised you made it out of Baltimore alive and there are no nice neighborhoods in Baltimore.

[_zman]

Made a successful trade of TGT this morning after the 15% dump. They've lost 400,000,000 to shoplifting......JFC.

JFC indeed. Maybe they welcome it for a write off.

[TugOfPeace]

I'm surprised we haven't heard more about shoplifting impacting financial results. It's out of control and needs to be brought back in control. Was in Baltimore in a nice neighborhood in a liquor store and every single bottle of liquor had some type of anti-shoplifting tag or tracer on it.

ib4 I'm surprised you made it out of Baltimore alive and there are no nice neighborhoods in Baltimore.

Shoplifting is necessary to help with reparations. Don't be racist..

[Venom08]

My BABA calls are just powerhouses

[Carbonfibre]

market is just cooling off / consolidation for next push

buyers have 3 things working for them

dxy down (yes it bounce at 105 as expected)

yields down

crude down

would require something big maybe more stray missiles into Poland to get this below SP 3900.

market got 20 points within touching the 200DMA the holy grail for dip buyers and to not test it now, would be strange one.

SP 4070 (200DMA) is the target that buyers want to test badly.

[TugOfPeace]

That giant upwards candle this morning from 391.5 to 393.. fuark. Should've sold my puts before that. Probably will sell this afternoon, I don't see any reason spy would break 390 by tomorrow morning

[Carbonfibre]

huge fall off crude futures.

WTI under $80

crude stocks are not following yet.


gas at pumps should drop though



in before OPEC gets mad and does more production cuts.

give it week the oil cartel won't allow this below $70.

[Destor]

O&G stonks already weren't valued as if oil was trading at $80-90, what will help them outperform is the huge cash flow + lack of places to put it

The last dip was a buying opportunity, I'd think further dips will be as well. Canadian companies are on the verge of hitting their debt targets and returning 100% of a quarter's cash flow to investors.

[Carbonfibre]

lol at Tesla

good thing genius Elon is at the wheel and that twitter 4d chess play of burning $45B is gonna kill tesla share holders.


target down $140.

than eventually under $100.

[RobParks2M]

Perhaps I’m wrong but Starbucks puts seem like the guaranteed money buy of the year. PE of 30. Lots of China exposure, blue hair techtards main source of income, strikes and unionization happening, and recession coming with high interest rates(no one gonna buy for a 2% dividend). Seems like new low by February should be coming. Not sure why shares were in the 70s in July anyone know?

[lntense]

Choppy day as expected with all the options expiring.(record number of puts I think?)



Spy held 390 this week. Can test $400, 200 ema on daily next week.

[Arem24]

This market is going to get absolutely wrecked. 2023 there will be blood.

In recent news for any of the OG's that have followed my life path, took a job as a forecaster for a wealth management company.

[TrainLegsBrahs]

For a forecaster, you’ve certainly done a phucking horrible job of forecasting from what I’ve seen.

Lol

[Arem24]

For a forecaster, you’ve certainly done a phucking horrible job of forecasting from what I’ve seen.

You have a short memory, Palantir isn't doing the best... but I've also made some very solid calls.

LMT and DE around $90 each. Apple pre-split. WFC in the mid $20's.

I'm likely the only OG still in this thread TBH, you'd have to go back 10 years+ to see my full rolodex.

Either way, my Econometric abilities are second to none. When's the last time Jim Glassman asked you to lunch?

My entry point on PLTR is weighted in the $9.XX area, so I really don't have any complaints. While some of my exuberance about the short-term prospects for Palantir went too far, their long-term prospects are still very viable, and anyone that got in under $10 likely will have nothing to complain about 15 years from now.

My most recent portfolio drop a month ago has done quite well. I'd argue it was timed perfectly.

Check the 1 month returns on JPM, CSCO, WBA, UL, INTC, MMM, etc.

Accompanied by key entries on Google and Meta.

I anticipate a further significant drop in stocks in 2023, but at no point moving to cash. The dollar drop against the Euro is almost a surety.


What original and fresh ideas have come from you that have panned out?

My old banned account was ReyDelMundo.

[TugOfPeace]

I anticipate a further significant drop in stocks in 2023, but at no point moving to cash. The dollar drop against the Euro is almost a surety.

why?

[Carbonfibre]

who had this on their bingo card?

MBS is playing ball.


US will start to refill SPR when wti hits $72 btw.

Atm wti is $76.

[Destor]

China about to clamp down again on COVID

[Carbonfibre]

the bigger story is oil getting wrecked.

due to OPEC.

way bigger than china strange lock downs.




oil dropping like this is gonna help CPI big time.

[SipNPiz]

Great British bake off: Russia vs Saudi Arabia rematch! WTI heading down