Boiler Room: The Official Stock Market Discussion

[dora_da_destroyer]

just salesforce and adobe...got lucky here as i worked for a company that followed their move to subscription, so i knew about the margins and potential for growth. but i just recently started buying individual stocks, so some of the big (FANG) was priced too high for me to make any meaningful investment.

Do you have any tech stocks now?

 

[levitate]

the reverse split on TVIX i spoke about a few pages back. bought like $1200 worth of it not knowing how volatility indexes work, did a reverse split and ended up with 1 share worth $35

at least i could claim the loss against my taxes

Damn...


We live and we learn...

 

[88m3]

have fun tomorrow guys

 

[levitate]

Futures down...

 

[Big Jo]

any good buying opps right now?

i know there's no telling where the bottom is but in relative terms what's the most undervalued/ likely to rebound stocks taking a hit lately?

 

[Perfectson]

Look at the chart, we are in a down cycle, i wouldn't be buying anything right now short term. Everything I'm playing is neutral or puts. Wait for at least some consolidation or if the market moves bullish a few days in a row. Rather make 20% then be holding a bag for months.

 

[Futuristic Eskimo]

Look at the chart, we are in a down cycle, i wouldn't be buying anything right now short term. Everything I'm playing is neutral or puts. Wait for at least some consolidation or if the market moves bullish a few days in a row. Rather make 20% then be holding a bag for months.

I'm probably a bit too risk averse for my age, so I am not looking to make any speculate bets right now, but this are looking a bit oversold to me. A surprise 5%+ reversal wouldn't surprise me and I am getting tempted to buy some SPY calls.

 

[Perfectson]

I'm probably a bit too risk averse for my age, so I am not looking to make any speculate bets right now, but this are looking a bit oversold to me. A surprise 5%+ reversal wouldn't surprise me and I am getting tempted to buy some SPY calls.

lol - that's not being risk averse. What are you using to say things are oversold, there has to be some technical or fundamental analysis you're doing. If it's your gut that will get you in trouble. And you could be 100% right, because there are some indicators stating this...but the trend, chart, momentum is saying otherwise. Every bump is being sold off, Dems aren't passing a border wall bill, so government shut down, interest rising, no trade deal, and globally China and other markets are reporting slow economic data. Not to mention Fang is doing awful and Apple isn't selling phones like they use to (lol). You have so many headwinds - your gut better be iron clad.

 

[TDOT4LIFE]

Buy some SPY puts and ride the bloodbath.

 

[Berniewood Hogan]

 

[levitate]

I say cot damn!!!

Y'all we're fukked!

 

[Perfectson]

Made money short term playing puts, Monday should be another blood bath. Imagine shorts will run stops before the holidays

 

[Futuristic Eskimo]

lol - that's not being risk averse. What are you using to say things are oversold, there has to be some technical or fundamental analysis you're doing. If it's your gut that will get you in trouble. And you could be 100% right, because there are some indicators stating this...but the trend, chart, momentum is saying otherwise. Every bump is being sold off, Dems aren't passing a border wall bill, so government shut down, interest rising, no trade deal, and globally China and other markets are reporting slow economic data. Not to mention Fang is doing awful and Apple isn't selling phones like they use to (lol). You have so many headwinds - your gut better be iron clad.

Trouble is what I'm after

 

[88m3]

I wonder if someone told Trump firing Powell would help turn the economy around

 

[Perfectson]

I shorted TSLA a month ago and it kept popping so I got out of my short and it dropped $50 since I got out. Sometimes you have to stick with your thesis