Boiler Room: The Official Stock Market Discussion

[winb83]

wish I woulda kept up with this Sprint Tmobile news

I don't like either of those. T-Mobile doesn't pay a dividend while AT&T and Verizon which I both own do and both pay damn good ones.

 

[the cac mamba]

i know no one can time the market, but im wondering if i should just take my 10k profit and run this is fukking ridiculous. every day the fed is pumping billions or trillions into it to keep this fukkin thing afloat

i might pull out around august, the election seems like a perfect excuse to let it correct itself. especially if a commie like bernie or warren wins

 

[winb83]

i know no one can time the market, but im wondering if i should just take my 10k profit and run this is fukking ridiculous. every day the fed is pumping billions or trillions into it to keep this fukkin thing afloat

i might pull out around august, the election seems like a perfect excuse to let it correct itself. especially if a commie like bernie or warren wins

You got something you gonna do with that money? I plan to leave my money invested indefinitely. Most of my portfolio is to collect dividends anyway. Uber is the only stock I own that doesn't pay one. Even if the market crashes it will recover unless the world ends. The 2008 crash was one of the worst in history and the market recovered and is higher than ever now.

 

[the cac mamba]

You got something you gonna do with that money? I plan to leave my money invested indefinitely. Most of my portfolio is to collect dividends anyway. Uber is the only stock I own that doesn't pay one. Even if the market crashes it will recover unless the world ends. The 2008 crash was one of the worst in history and the market recovered and is higher than ever now.

nah, i got enough for a down payment in one of those 2 percent online banks. ill probably just end up leaving it in there

we KNOW this fukkin thing has to crash at some point though

 

[NaijaProdigy Redux]

i know no one can time the market, but im wondering if i should just take my 10k profit and run this is fukking ridiculous. every day the fed is pumping billions or trillions into it to keep this fukkin thing afloat

i might pull out around august, the election seems like a perfect excuse to let it correct itself. especially if a commie like bernie or warren wins

unless you need the money or somehow see an asset class that will offer you a better risk-adjusted return, you might as well ride the wave

 

[ahomeplateslugger]

i know no one can time the market, but im wondering if i should just take my 10k profit and run this is fukking ridiculous. every day the fed is pumping billions or trillions into it to keep this fukkin thing afloat

i might pull out around august, the election seems like a perfect excuse to let it correct itself. especially if a commie like bernie or warren wins

bernie or warren won't hurt the market and if they do it'll just be a slight pullback. just gotta stay in it. money is just flowing in at this point.

i got a few contracts on microsoft calls and this is as easy as it gets. the only stock in my portfolio that's down is funko and 2 biopharmaceutical spec stocks. i bought funko at $15 thinking it was trending up then took a nosedive. i don't like selling for a loss but i might have to with this one.

 

[the cac mamba]

bernie or warren won't hurt the market and if they do it'll just be a slight pullback. just gotta stay in it. money is just flowing in at this point.

i got a few contracts on microsoft calls and this is as easy as it gets. the only stock in my portfolio that's down is funko and 2 biopharmaceutical spec stocks. i bought funko at $15 thinking it was trending up then took a nosedive. i don't like selling for a loss but i might have to with this one.

is trading calls easy? i see that like 90% of day traders lose money and im wondering if i should fukk with it, or just keep dollar cost averaging and holding

how much you up doing that shyt?

 

[ahomeplateslugger]

is trading calls easy? i see that like 90% of day traders lose money and im wondering if i should fukk with it, or just keep dollar cost averaging and holding

how much you up doing that shyt?

it depends on your risk level. i spent a few months studying it and played some small positions to get a good understanding of it. i'm picky about options so don't do too many and the ones i go into i research and examine the chart. i've made around 7k from it after maybe 12 options within a year. a majority of it came from uber puts and disney calls recently. you should study it for a little to understand the greeks and implied volatility then play small positions. just remember it should be money you are comfortable with losing.

 

[Futuristic Eskimo]

is trading calls easy? i see that like 90% of day traders lose money and im wondering if i should fukk with it, or just keep dollar cost averaging and holding

how much you up doing that shyt?

Don't trade options. Option dealers are much more sophisticated than you and I. You're in the wrong game if you're playing with assets that decline in value over time over stocks which go up over time if youre a retail investor.

 

[OfTheCross]

I've lost about $800 on options this month cause I waited too long to sell.

My own fault, tho. It's not hard if you got discipline

 

[CBalla]

Dont have a position in nexcf , the risk is crazy, but it could return to $2 fast

decisions decisions

 

[Futuristic Eskimo]

Oil bid even after massive inventory build and lowered demand forecast. Market pricing massive Chinese stimulus. Xi indicating they will hit their growth target this year.

Buy energy and copper while you can

If they disappoint, this thing is all going down though....

 

[analog]

Oil bid even after massive inventory build and lowered demand forecast. Market pricing massive Chinese stimulus. Xi indicating they will hit their growth target this year.

Buy energy and copper while you can

If they disappoint, this thing is all going down though....

Any particular plays you have your eye on?

 

[Futuristic Eskimo]

Any particular plays you have your eye on?

I purchased some COPX today to get copper exposure. I've never put on a pure play copper trade before so not sure if there is a better etf or if an individual miner would be better but this seemed suitable.

Looking at USO, XOP, XOM or something else for a trade on oil but not sure here. I want to put on a fair bit of risk so I am leaning XOP or even buying some shares in that piece of shyt CHK again. It's near bankruptcy but can probably go 4x if we get $70 wti this year. Good risk reward. Will look into it over the weekend, hard to trade at work.

ADRs of some commodity traders like glencore could also be interesting if one is trying to position for a commodity bull market.

 

[NkrumahWasRight Is Wrong]

Everyone needs to be positioning their portfolios to benefit from the massive Chinese fiscal stimulus incoming. Copper and energy are going to catch a massive bid and I imagine you will see positioning shift there before anything is announced. Probably still 10% downside from here but the next 20% moves are going to be up.

This is an existential risk for the party so they are going to come out with the big guns.

Also, OPEC is eager to tighten supply but their cut risks a supply shortage later in the year. I can see $90 a barrel in the second half.

Good looks

Unrelated, I was gonna cop CRSPR a little while ago and it hopped to 62 today. I think it still has a big climb ahead of it