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Member
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Joined: Dec 21 2007
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Oct 11 2020 07:44am
Quote (Ghot @ Oct 10 2020 11:36pm)


nothing helps the market like giving tax breaks to rich and overheating printers..
It's ok a future D will try and fix it again.
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Oct 12 2020 10:32am
So tempted to buy SPY puts here but probably wont. Have repeatedly gotten run over when betting to the downside.
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Joined: Oct 25 2006
Gold: 260.11
Oct 12 2020 10:34am
Slowly increasing my capital as I figure out what I'm doing.

Bought some AAL in anticipation of holding 6-18 months, or cashing out on a stimulus.
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Joined: Sep 2 2004
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Oct 12 2020 10:43am
Quote (ofthevoid @ 12 Oct 2020 12:32)
So tempted to buy SPY puts here but probably wont. Have repeatedly gotten run over when betting to the downside.

djia keeps dipping each time it hits 29k or so, so not the worst idea
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Oct 12 2020 10:45am
Quote (ofthevoid @ Oct 12 2020 11:32am)
So tempted to buy SPY puts here but probably wont. Have repeatedly gotten run over when betting to the downside.


Same lol

Haven’t done options for a little bit, been trying to just get significant portfolio instead

But fk this is so high and it just sitting on the top bollinger band waiting for a retrace
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Oct 12 2020 11:01am
Q3 earnings being better than forecasted is priced in now, particularly in tech.

I'll be watching out for how much commercial bank profits have been hit from charge-offs and delinquency provisions, because a significant decrease would be an indicator of economic woes ahead

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Member
Posts: 40,047
Joined: Apr 14 2006
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Oct 12 2020 03:10pm
Quote (excellence @ Oct 12 2020 03:38pm)


Oof that feels good

Rlly good lol
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Oct 12 2020 03:57pm
Quote (Bazi @ 12 Oct 2020 17:10)
Oof that feels good

Rlly good lol



a very smart move by them. combined with being frugal this year they will be well positioned. think they got a ton of cash too - always a good thing
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Oct 13 2020 11:57am
Roku is like having a money printing machine.

A little white ago i gave my opinion on banks that they're probably not the best of investments these days. Seems to have been the right call. Large banks getting clobbered today. Some of them are beating the weak sauce guidance however you see ton of money dedicated to bad loan provisions and overall revenue down.

Maybe some value to be created in the space once people are done offloading shares? I might pick up Citi if it gets to 40 and BAC under 23.5.
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