Boiler Room: The Official Stock Market Discussion

[Hiphoplives4eva]

It's still early. Offering was on Friday. I'm hoping for good earnings with low fuel prices

I'll look into it.

Honestly looking at buying more AMZN or NFLX this month. I might scoop some of this though if there is enough promising trends.

 

[Creeper]

When is the virgin lender IPO?

Sorry for sounding ignorant but, are you asking when the first day of trading was?

 

[Domingo Halliburton]

Sorry for sounding ignorant but, are you asking when the first day of trading was?

My bad I thought you were talking about a different virgin IPO...

I really don't know much about branson
...all I know is he made a bunch of money in music which there's no money to be made there now

 

[Snoopy Loops]

What do y'all think of leveraged ETFs?

 

[Liu Kang]

You want to do a simplified dollar/yen trade just buy Toyota or Honda...

USD/JPY is going to 120.

A one handle move on the yen means a billion dollars to Toyota.

I see. HMC seems to be bottoming so I'd place some low buys around 30.7 and try to catch some then.

Though after watching some charts, I'm not sure about USDJPY touching 120 because it seems like USD is losing steam from the look of it, don't you think ? EURUSD may have found a bottom at 1.25, GBPUSD seems to be doing so too at 1.56 and USDCAD is topping at 1.13, same as USDCHF at 0.97. You know better than me so I might be wrong but if I was by myself, would not trust a long entry on USD

I feel like a long on EURUSD and/or EURGBP could be more profitable in the coming weeks. What do you think ?

 

[Domingo Halliburton]

I see. HMC seems to be bottoming so I'd place some low buys around 30.7 and try to catch some then.

Though after watching some charts, I'm not sure about USDJPY touching 120 because it seems like USD is losing steam from the look of it, don't you think ? EURUSD may have found a bottom at 1.25, GBPUSD seems to be doing so too at 1.56 and USDCAD is topping at 1.13, same as USDCHF at 0.97. You know better than me so I might be wrong but if I was by myself, would not trust a long entry on USD

I feel like a long on EURUSD and/or EURGBP could be more profitable in the coming weeks. What do you think ?

I'm not much of a forex trader... but I don't really want to be long european currencies right now.

 

[Domingo Halliburton]

Hang Seng down 500 points since they've opened up the China mainland shares to foreigners

 

[Domingo Halliburton]

RCube says we're seeing an expanding wedge pattern form (never heard of these guys):

 

[Domingo Halliburton]

@Liu Kang maybe you're right about the euro

http://www.cnbc.com/id/102193051

 

[Domingo Halliburton]

not enough inflation so they just changed the calculations.

 

[Liu Kang]

@Liu Kang maybe you're right about the euro

http://www.cnbc.com/id/102193051

Honestly I'm just looking at charts lol. I kinda feel that I need some more context (news mostly) because I'm being too theoretical but there's so many different stuff to follow and that makes me too lazy to search.

 

[Domingo Halliburton]

What do y'all think of leveraged ETFs?

short term they're alright. you're magnifying the losses or gains. so you better be right in the direction you think the market is heading.

 

[Futuristic Eskimo]

What do y'all think of leveraged ETFs?

As @Domingo Halliburton mentioned, they're ok for short-term use, but the compounding effect can produce wild returns if you hold them for too long. There are better ways to make leveraged trades.

 

[Snoopy Loops]

As @Domingo Halliburton mentioned, they're ok for short-term use, but the compounding effect can produce wild returns if you hold them for too long. There are better ways to make leveraged trades.

Like?

 

[Futuristic Eskimo]

Like?

Trade on margin or options.