Boiler Room: The Official Stock Market Discussion

Macallik86

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Invited someone to get a free stock on robinhood


Got fukking Chesapeake energy for $3.77:martin:
You still in CHK? Stock is up 9% in 9 days

I need help to pick an index fund, but i'm nervous under Trump
Throw it in the SPY and forget about it I say. Or open an account with Vanguard and throw it in a (free) Vanguard Retirement Mutual Fund

For those of you who are learning or want to learn about chart analysis using candlesticks: Learning Center - Candlestick Patterns
This guide is meant mainly for their platform but you can gain a general understanding of candlestick patterns and which ones are bearish/bullish. When I get the time tomorrow I'll probably hop onto thinkorswim and try the stuff out, maybe even make some high value trades using my unrealistic PaperTrade account.

On my realistic account I've been gaining from 0.2-0.8% per day off of my meager holdings of RDS/A and XOM. I started it with $2500 worth of funds and wanted to see what kind of growth I could get from it. If I liquidate now I'm up to about $2620. What I need to do is add another couple hundred bucks in there to simulate monthly deposits. Within a few weeks I'm going to pull my initial investment out of those two stocks and let the remainder keep working, then find something else to get into for a few months. Not exactly long term but the more trades you make the more comfortable you'll get. When I first opened the account I bought like $18k worth of UPS before the holiday season got into full swing. I also put probably $12k into some biotech stocks that didn't pan out. I'd watch obsessively switching between :lupe: :smugbiden::damn: throughout the day. I'm training myself to forget about the market for a couple of days at a time so I don't fall into that emotional investor category.
Still in RDS? Price action not looking so meager at the moment.
 

Macallik86

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Copped some November HPQ calls and some October BMY calls. Liking how the chart plays out but the breakout is dependent on the SPY continuing to push higher. Relatively tight stops in place.
 

Obreh Winfrey

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Still in RDS? Price action not looking so meager at the moment.
Yeah for the time being. It's been rising a couple of tenths of a percentage each day, sometimes losing a little. I haven't paid too much attention to it lately. XOM on the other hand feels more volatile. Sometimes it has a lot of positive movement and then other days it drops. However I'm still positive in the P/L YTD.
 

Obreh Winfrey

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EFX up damn near 7 points today. I wonder if it'll rally back towards its pre-breach price over the next week or two. Looks like they were upgraded to outperform by Wells Fargo.
Chart with Bollinger Bands and Daily SMA
29d8cxu.jpg
 

Obreh Winfrey

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I pulled my initial investment out of XOM and have an order working to pull the initial out of RDS/A. Now it's time to find something else to get into.

Update: RDS/A order didn't fill. I was trying to dump at 60 even but it messed around in the mid 59.90s. RSI shows it'soverbought at the moment so I'll revise my order for tomorrow. Banks are up basically across theboard over the past few sessions so I mightsteer clear fora bit. I might try out buying in the shipping and logistics areas again since holiday season is approaching.
 
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Obreh Winfrey

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If you caught EFX at its low back on the 9/14 :whew:. I ran a quick analysis on a trade I considered; 22@90.00 would have made around $331 if sold today and like $375 yesterday. If you had money to play with, 1000@90.00 could have netted you a touch over $13,000 today and I think it was in the mid $14,000s yesterday.

My order to sell RDS/A went through this morning for -28@60.00. I still hold 3 shares of that and 2 of XOM. I'm eyeing FGP and RD because they have some earnings estimates coming up within the next few weeks. They're cheap as hell but consequently don't have a lot of potential upside.
 

N.J.stan

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If you caught EFX at its low back on the 9/14 :whew:. I ran a quick analysis on a trade I considered; 22@90.00 would have made around $331 if sold today and like $375 yesterday. If you had money to play with, 1000@90.00 could have netted you a touch over $13,000 today and I think it was in the mid $14,000s yesterday.

My order to sell RDS/A went through this morning for -28@60.00. I still hold 3 shares of that and 2 of XOM. I'm eyeing FGP and RD because they have some earnings estimates coming up within the next few weeks. They're cheap as hell but consequently don't have a lot of potential upside.

Regret not grabbing EFX, but I still think it takes another big drop once the news cycles back around to it. :jbhmm:
 

Obreh Winfrey

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Regret not grabbing EFX, but I still think it takes another big drop once the news cycles back around to it. :jbhmm:
You know that's what I thought too but the news dropped this morning, like 15 minutes before trading opened, that the CEO was booted. I figured it would take a bit of a dive but even though it opened lower than yesterday's close, it's up on the day. Then again the saga isn't over and you guys are playing with real money :whoa: so it's still up in the air.
 

Earnings

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Played it safe and threw the majority of my $$$ into AAPL and grabbed some NKE... keeping an eye on both... i know AAPL dropping once them phones come out
 

Obreh Winfrey

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My Rite Aid strategy ain't panning out. Bought $500 worth, 222@2.06. The target price got cut to $2.00 instead of $2.50 and people noped the fukk up out that bytch :russ:. Closed at 1.96 and RSI dropped to 29.24 today. Pharma retailers might be something to watch though, apparently Amazon is looking to break into the industry: Actionable Trading Ideas, Real Time News, Financial Insight | Benzinga
 
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