S&P at 3k

unfortunately so many small businesses will be permanently shuttered due to the lockdowns. too many big govt types favoring long-term lockdowns showing favoritism to big corporations

I stopped following for little bit

Pretty sure we going to all time highs soon lmao

If it gets to 340 I’m loading the boat,house, and wife all on puts

Do i average down my garbage Luckin coffee

This post was edited by Bazi on May 26 2020 03:27pm

i've been discussing with a couple colleagues over the last month+ saying that if re-openings happen without much of a hitch we could see djia back at 27k around Independence Day. i may be proven wrong in a couple weeks lol

Reopening now will be fine but it hasn’t gone around enough in the community yet. 2nd peak will inevitably and eventually happen and if it’s timed in winter with flu and the myriad of other respiratory illnesses ...
Negative catalysts still pending
- shutdown will be brought up again, if it happens who knows
- lingering job loss coupled with a wave of new job losses
- consumer spending dropping (q4 recovery priced in)

In the near term we are going to all time high again tho. I have monthly 340 spy calls for August so money where my mouth is here. At 340 I will be going ham with leap puts

Maybe I go bankrupt , higher chance of that probly

Markets grinding higher. I think we get some pullback once HK stories/US sanctions on China stories start to be in the headlines. I think a lot of FOMO has been happening.

There seems to be some market rotation from tech & healthcare into the cyclicals. I own BA, LUV, EDSY and have seen monster gains in the last 2 days.

My limit buy didn't hit on CMG puts but it's a company i'm pretty bearish short term into earnings. DIS imo is also way overpriced and have been day trading puts for 5-10% scalps.

yeah market going nutso but my prized AMD actually down quite a bit over the last several weeks. same with roku, in fact my biggest loser

Both of those pulled back nicely. I think ill start a small stake in Roku and trade some calls on AMD

roku has a gap to fill at 96, didn't think it would hit anytime soon but a level to keep eye at. I think more pain is coming still

Watching CRH Construction and Asgly Glass next week.

This post was edited by obisent on May 31 2020 08:09pm

Was also checking out Axon non lethal equipment and Digital ally body cameras but they both seem to have already pumped hard Pre market.