Boiler Room: The Official Stock Market Discussion

chineebai

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potential profit taking into the close, maybe a call option could be a good risk reward play, jmo.
edit: stopped out
 
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KING WILL

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chineebai

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TNX reaching 5, last time that happened was 2007, which was not a good time if i recall. Not causation, just a bit of history lesson. ALthough todays world is completely different from that time.
 
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chineebai

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markets are getting used to a new normal with these rates so it'll be choppy . We've been so used to 0 rates for so long that we forget that 5% is normal and the markets need to adjust for that. What's not normal is the speed of the rates changing. If you look at the 10 year rate, we went up 20% in about 3 months while bonds going down which isn't something that is supposed to happen. BOnds are for those looking for safety, so for it to go down that fast isn't normal. My finance classes during college is finally paying off a bit.
 

chineebai

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TSLA looks weak to me, I still think it will go below 242. Getting a few puts with a stop at 259. JMO.
edit; stopped out
 
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