Economy stock talk v7, meme stocks go up

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Ok, so what should us newbs be looking to buy for the upswing? Where's all the tips?
 
instead of selling off (earlier in the week), i pruned a bit and sold calls aggressively on the rest.

sold some puts at the morning dip, playing this one a bit conservatively for the moment.

there's the ps5 conference later today and some interesting semi catalysts... so i think i already missed the window to get some cheaper shares there.
 
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surrealworlds said:
Ok, so what should us newbs be looking to buy for the upswing? Where's all the tips?
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there's no tips bro.
Just hunches and arguments to make for why things will go one way or another.

I actually find this dump healthy since it's basically just in line with other world markets and all these drunk "gains" fools needed a good hand-to-stove moment.
For example, the easy money this morning was buying not shorting the open. I was too big a pussy and sit here with nothing, but I am just glad I closed my Zoom short at the open.

Hell My own NKLA advice around the $60 mark was ture, as it opened below that and then zipped north of it.
 
rob mafia said:
instead of selling off (earlier in the week), i pruned a bit and sold calls aggressively on the rest.

sold some puts at the morning tip, playing this one a bit conservatively for the moment.

there's the ps5 conference later today and some interesting semi catalysts... so i think i already missed the window to get some cheaper shares there.
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Yup I still have zero idea and a 2% move in either direction could easily humble me. Just sit and wait for moves for me.
 
surrealworlds said:
Ok, so what should us newbs be looking to buy for the upswing? Where's all the tips?
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It's difficult to say "where's the tips" because there's a lot more context to it. I'm fairly new as well but my advice would be to use all the online resources to read on investment, trading, puts/calls, etc and take it seriously. Then experiment, then feel comfortable with putting in more money. That's what worked for me at least, and then you'll understand a lot of the conversation here which is helpful as well. If you're just looking at the spikes and dips vaguely it's a step above gambling lol.
 
MMAisGod said:
It's difficult to say "where's the tips" because there's a lot more context to it. I'm fairly new as well but my advice would be to use all the online resources to read on investment, trading, puts/calls, etc and take it seriously. Then experiment, then feel comfortable with putting in more money. That's what worked for me at least, and then you'll understand a lot of the conversation here which is helpful as well. If you're just looking at the spikes and dips vaguely it's a step above gambling lol.
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A step below gambling otherwise.
Sports games and cards don't have algos playing; just expected payouts.
 
Well fuck. How many more weeks will the chatter about a “second wave” actually indicate a second wave. Shit better not happens as we get close to Q2 earnings calls. Perfect storm. Sub 20 Dow on its way
 
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brackis1 said:
A step below gambling otherwise.
Sports games and cards don't have algos playing; just expected payouts.
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Except things like fantasy football, FanDuel/DraftKings. Anyone who thinks they have a chance of winning the million dollar weekly pot by submitting "a few lineups" literally threw their money in the trash.
 
brackis1 said:
Yup I still have zero idea and a 2% move in either direction could easily humble me. Just sit and wait for moves for me.
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yeah, i'm mildly annoyed at where my target stocks were at 9-10am... they were in that weird range where i wasn't too sure i wanted to load up on more. apparently, i should have on 1 or 2. but whatever.

flipped more nkla puts. lolz. that's apparently my play of this week. it's just so silly.

dammit. sold puts on all of the semis i wanted more of. now i feel... bored, like i might not have much to do the rest of the day
 
rob mafia said:
yeah, i'm mildly annoyed at where my target stocks were at 9-10am... they were in that weird range where i wasn't too sure i wanted to load up on more. apparently, i should have on 1 or 2. but whatever.

flipped more nkla puts. lolz. that's apparently my play of this week. it's just so silly.

dammit. sold puts on all of the semis i wanted more of. now i feel... bored, like i might not have much to do the rest of the day
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I'm actually mad I didn't buy NKLA at the open. They will get another set of support imo thru Monday when their CEO is on CNBC.
I won't touch it till Friday afternoon probably, but they tweeted out about some other bullshit pickup truck release.


lol literally as I typed this it spiked another 5% fml lol
 
lol Tesla getting a whole special tomorrow on CNBC.
It's amazing how illegal these pump schemes should be.
 
rob mafia said:
lolz. so now we're supposed to care about covid again? this shit's so dumb.
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No. We're supposed to shake out dumbass money in line with every world market and recognize the idea that we just rush back to normalcy is stupid. The combo makes this extremely justifiable. We won't crash, but this will be a bitch for a lot of companies.
 
Looking at MYGN Myriad genetics down 20% on seemingly nothing this morning to huge lows. Thing was up in the 40s before.
 
brackis1 said:
No. We're supposed to shake out dumbass money in line with every world market and recognize the idea that we just rush back to normalcy is stupid. The combo makes this extremely justifiable. We won't crash, but this will be a bitch for a lot of companies.
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i meant the covid freakouts on tv from the same channels/anchors/people that were all praising the blm protests for the last 2 weeks... before today, apparently. today, suddenly covid is super scarrrrrey again.

and yeah, the market's gonna have red days/etc, i'm just referring to this commentary.

https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6

and the daily cases are still low, lolz.
 
asdffdsa said:
LOL no, but I did move most of my 401k into allegedly safe bonds yesterday. I guess that could save me a little bit.
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Nice timing bro, I feel like you did as well as anyone. I did the same back at high 23s so I missed out on the last run. Q2 earnings, 2nd wave, election. All this fake ass movement will unwind shortly unless the reopening happens without glitch. Q2-Q4 earnings will still be shit
 
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