Economy stonks v18, stimutacs

[Gas121]

Market blows. Im averaging down slowly in my long-term holds....I think there will be much better sales in the next month.
60% cash atm.

Gme is down 20% and so is my gme put interestingly enough. 4-9 exp I'm probably fked

ill just nibble but agree feeling ultra bearish especially on tech/ev stocks. Time to sit cash heavy. Only have three long term holds. Will average down if they hit new lows though. Market getting wrecked lol.

 

[Wadtucket]

Blood in the markets, time to load up on shares

 

[nostradumbass]

All of my calls got obliterated. I thought I was buying the low point on like 7 different stocks, and boy was I wrong.

 

[BIKES!]

My "portfolio" looks like "shit" and it fucking "sucks".

You and me both

and last week I was going to sell SMSI $.90 July 16 $7 covered calls on SMSI and I got greedy...

I flipped some CPE after the fall. I'm debating if MEG has another run in her....

 

[Prefect]

i really hate this market.

my holdings get absolutely murked every day. it doesn't even make sense, anymore. financials? murked. tech? murked. semis? murked. solar? murked. metals? murked. biotech? murked.

10 year up? murked
10 year down? murked
10 year flat? murked

every fucking day, i'm pulling rabbits from my asshat in daytrades just to try to break even.

i keep looking at a flattish/green spy and the sector chart and get confused. i look at my watchlists and they're just bloodbaths... basically every day.

iv? murked. calls? murked. puts? murked. shares? murked. bonds? murked. dollar? murked. meme? murked. spacs? hahahahahahahaha (at least i'm not really in any, i guess). wtf? where the fuck is the money going? ally savings accounts? NFTs? everything seems retarded for the last ~2 months. and spy is basically unchanged, it's not like the market's collapsed. (shit, if the market collapsed, iv would be up and i'd be selling options...)

the irony is that i'm not even worried about any of my major holdings - i'm pretty particular about them and they all have an asterisk (buybacks, arbitrage, trading well under the price the parent paid a year ago - before industry run-up, etc), i just feel like i'm in bizarro world.

if it wasn't for the financials, i'd feel like it's just normal shifts from tech/growth to value. but my financials (hello, hedge?) are getting rekt. lolz.


for every $1k i make in daytrades i lose in underlyings somehow.

my portfolio:

The market is bloated as fuck. The average PE ratio is stupid. I think that just parking your money in legit money making companies is the only real bet. I am up a lot for the year but aren't many obvious winners and I think getting 5-10% won't be bad. My biggest winner for the year has been a company that is doing engineering projects for hydrogen production from renewables but even the future of that is murky.

 

[rob mafia]

The market is bloated as fuck. The average PE ratio is stupid. I think that just parking your money in legit money making companies is the only real bet. I am up a lot for the year but aren't many obvious winners and I think getting 5-10% won't be bad. My biggest winner for the year has been a company that is doing engineering projects for hydrogen production from renewables but even the future of that is murky.

rkt and uwmc literally have more money than they know what to do with (hence, sudden dividends and a sudden special dividend) - and they've been annihilated.

ffs, i think they have p:e's of like 4.

so it's not just unprofitable growth companies, it's... seemingly anyone not in the s&p that's not also in the energy/financial sector...

 

[Prefect]

rkt and uwmc literally have more money than they know what to do with (hence, sudden dividends and a sudden special dividend) - and they've been annihilated.

ffs, i think they have p:e's of like 4.

so it's not just unprofitable growth companies, it's... seemingly anyone not in the s&p that's not also in the energy/financial sector...

Renewables are booming. One big winner that I think no one is really considering is that electric cars are going to require massive investments in the grid and utilities are regulated and usually only give like a 4% dividend. They very rarely money and if you wait you can buy on the dips. They get paid on a percentage of their grid assets and there will be a ridiculous amount of money invested in the grid when electric cars start becoming very common in the next 10 years. It sounds like a really boring plan but it is nearly a sure thing. You're riding an industry wave. Wall Street won't put money into them until it starts happen and utility stocks are looked at as loser safe stocks, which they won't be when things are underway. You probably could pick out a lot of solar and wind stocks as well but I have a hard time sifting through them because there are so many bullshit companies and Sun Edison, the largest solar company, went bankrupt back in 2014. This is so much money thrown at renewables that the bad companies aren't weeded out.

 

[rob mafia]

Renewables are booming. One big winner that I think no one is really considering is that electric cars are going to require massive investments in the grid and utilities are regulated and usually only give like a 4% dividend. They very rarely money and if you wait you can buy on the dips. They get paid on a percentage of their grid assets and there will be a ridiculous amount of money invested in the grid when electric cars start becoming very common in the next 10 years. It sounds like a really boring plan but it is nearly a sure thing. You're riding an industry wave. Wall Street won't put money into them until it starts happen and utility stocks are looked at as loser safe stocks, which they won't be when things are underway. You probably could pick out a lot of solar and wind stocks as well but I have a hard time sifting through them because there are so many bullshit companies and Sun Edison, the largest solar company, went bankrupt back in 2014. This is so much money thrown at renewables that the bad companies aren't weeded out.

renewables are mostly rekt recently.

but now you seem to be talking about general energy companies, which are one of the exceptions i listed.

 

[mkess101]

I moved a lot from growth to more reopen and companies that produce actual goods on Tues, probably still too late. Took a solid beating for a few days prior to that.

This is why I keep most of my portfolio in boring ass index and target retirement date funds. I don't have the time or knowledge to figure out the swings in these markets and like most suckers I'm likely trading behind the curve by a wide margin. I'm still way into the green overall, but that's mostly dumb luck and riding general market momentum. It's damn sure not because I know how to pick stocks.

So now I'm long airlines and consumer staples like P&G and shit. Still holding DKNG and a few others that have been getting smoked lately.

You guys who earn a living trading...tip of the cap. No idea how the hell you do it.

 

[rob mafia]

I moved a lot from growth to more reopen and companies that produce actual goods on Tues, probably still too late. Took a solid beating for a few days prior to that.

This is why I keep most of my portfolio in boring ass index and target retirement date funds. I don't have the time or knowledge to figure out the swings in these markets and like most suckers I'm likely trading behind the curve by a wide margin. I'm still way into the green overall, but that's mostly dumb luck and riding general market momentum. It's damn sure not because I know how to pick stocks.

So now I'm long airlines and consumer staples like P&G and shit. Still holding DKNG and a few others that have been getting smoked lately.

You guys who earn a living trading...tip of the cap. No idea how the hell you do it.

to be fair, it's normally easier. the last week has been a real anomaly - normally iv is high with this kind of volatility. but most of the market's been rekt and also the iv's vaporized. it kinda makes no sense. so options got obliterated on both sides, which makes it harder to hedge and pointless to theta gang. which means i'm kinda bored. and buying options for once, like cheap scratch-offs.

 

[brackis1]

I moved a lot from growth to more reopen and companies that produce actual goods on Tues, probably still too late. Took a solid beating for a few days prior to that.

This is why I keep most of my portfolio in boring ass index and target retirement date funds. I don't have the time or knowledge to figure out the swings in these markets and like most suckers I'm likely trading behind the curve by a wide margin. I'm still way into the green overall, but that's mostly dumb luck and riding general market momentum. It's damn sure not because I know how to pick stocks.

So now I'm long airlines and consumer staples like P&G and shit. Still holding DKNG and a few others that have been getting smoked lately.

You guys who earn a living trading...tip of the cap. No idea how the hell you do it.

I called this months ago almost to a T (that Ark and growth would get wrecked in march).

I don't buy shit on momentum and faith and therefor I miss both a lot of the euphoria and a lot of the pain.
For example, for all this dumb bullshit, I told you to enter EHTH at a great price and while the market has gotten beat, that read has outperformed because patience rewarded an intelligent entry.

 

[rob mafia]

I called this months ago almost to a T (that Ark and growth would get wrecked in march).

I don't buy shit on momentum and faith and therefor I miss both a lot of the euphoria and a lot of the pain.
For example, for all this dumb bullshit, I told you to enter EHTH at a great price and while the market has gotten beat, that read has outperformed because patience rewarded an intelligent entry.

i dunno, a lot more got rekt.

the weirdest part to me is that i sold a lot of puts into it initially (a lot of 1/2023s)... and the underlyings got annihilated, but my puts are basically the same. i think i'm profiting off a bunch that should be costing me a lot. and it's not like time's running out.

admittedly, i sold them BECAUSE the iv was juicy... but still. it's fucking weird. the market seems to have treated the 3/19 date as if it was iv crush.

 

[MoparOrNoCar]

I got destroyed this week

 

[rob mafia]

this hearing is aids.

 

[brackis1]

Jesus I fucked up not shorting NVAX

 

[Wadtucket]

I called this months ago almost to a T (that Ark and growth would get wrecked in march).

I don't buy shit on momentum and faith and therefor I miss both a lot of the euphoria and a lot of the pain.
For example, for all this dumb bullshit, I told you to enter EHTH at a great price and while the market has gotten beat, that read has outperformed because patience rewarded an intelligent entry.

U didn't though, u just said ARK would get wrecked in March because of long term gain holders cashing out

That's not what happened - the entire market is slaughtered across all sectors

 

[brackis1]

U didn't though, u just said ARK would get wrecked in March because of long term gain holders cashing out

That's not what happened - the entire market is slaughtered across all sectors

lol what?
VTI total market index is 3% off it's highs.
ARK is literally 30% off its highs.

But hey maybe I'm just not a math guy; those do both have 3's in them.

 

[rob mafia]

lol what?
VTI total market index is 3% off it's highs.
ARK is literally 30% off its highs.

But hey maybe I'm just not a math guy; those do both have 3's in them.

indexes aren't telling the picture due to their weighting of msft/aapl/goog/amzn/etc, that aren't taking hits anywhere near that of smaller companies (they're not taking hits at all, these are flat over the last month)- esp those not in the s&p (or even russell).

most companies i watch (across all sectors) are down 10-20% (with many 30+ and some only 5%), while the s&p/etc have been basically flat. even with how red the nasdaq is showing, it's generally worse due to the aforementioned weightings.

energy/financials are generally ok, but even a lot of financials have been utterly decimated.

 

[brackis1]

indexes aren't telling the picture due to their weighting of msft/aapl/goog/amzn/etc, that aren't taking hits anywhere near that of smaller companies (they're not taking hits at all, these are flat over the last month)- esp those not in the s&p (or even russell).

most companies i watch (across all sectors) are down 10-20% (with many 30+ and some only 5%), while the s&p/etc have been basically flat. even with how red the nasdaq is showing, it's generally worse due to the aforementioned weightings.

energy/financials are generally ok, but even a lot of financials have been utterly decimated.

Wait so you mean to tell me the individual stocks that have experiences outsized growth compared to the market as a composite sold off harder?!!?!?!?!

https://investor.vanguard.com/mutual-funds/profile/portfolio/vtsax
-3% with 3300 stock basket despite Tesla being held enormously.
I think we flip flop around here and now that shit has shaken it's back to stockpicking.

 

[rob mafia]

Wait so you mean to tell me the individual stocks that have experiences outsized growth compared to the market as a composite sold off harder?!!?!?!?!

and individual stocks that haven't experienced that growth, as well... which is kind of the point. it's not just growth/tech that's been blasted. it's most of the market.