Economy stonks v21

brackis1 said:
lol NVDA wtf
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ain't it grand?


edit:

the funniest part about this is... it's intel's launch day (alder lake).

nvda moons, amd's up 5%. intc... flat.

power companies/energy sector should see crazy gains based on alder lake's specs. short heating companies, though.
 
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NKLA mooning. Unbelievable lol. May consider shorting this garbage. I hate to short as I trade on the long side but NKLA is a scam! May look at buying puts.
 
boingyman said:
Zestimate is a joke. The owner who bought my previous home in 2017 put her house on the market a few months ago. I was alerted because Zillow thinks I'm still the owner. Even with the recent crazy home prices she priced it way above market value. Guess what happened to the zestimate? It went up significantly the day it listed and It was above their exaggerated asking price. I should have put my home on the market, price it 20% above the comps and then uses the zestimate to sell it to Zillow.....
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Zillow is not bad if you are located in a subdivision that is built after say 2005. The GLA adjustment is easy to figure out using regression analysis. Plus the typical owner is not doing a ton of remodeling, so other than flooring and paint, most of the homes still have builder kitchens and bathrooms.
Where Zillow sucks is rural markets or in my area I cover in cities that have downtown areas where the homes were built pre WW II.
I have appraised homes built in the 1910's whose effective age would be like 5 years old, then the house next door built in 1910 has an effective age of 70 years. Those downtown areas, also quality of upgrades can drive value. The underlying land values are so high, the typical buyers, have resources to pay for quality and expect quality. That is the problem with the computer programs to value properties. There is a company that is using realtor comments to determine condition adjustment for their software, but if you have read as many realtor comments as I have, most of them puff the shit of the home. My favorite was one I recently did that said no rear neighbors on the listing, I guess the 8 lane toll road the house backs does not have a house on it, so technically no rear neighbors, but a shit load of semi trucks. There was a negative market reaction to that view.
 
Good Christ did I get lucky, picked up 1dte puts for PINS this morning figuring they'd tank earnings, but was already up 40% by the end of the day so I took the W and sold them, and it spike 7% right after close.
 
Fuck was going to short Peloton and shorted NKLA instead.

Peloton tanks 25%. This stock was in the 160s. Its now sitting in the 60s. Ouch.
 
Gas121 said:
Fuck was going to short Peloton and shorted NKLA instead.

Peloton tanks 25%. This stock was in the 160s. Its now sitting in the 60s. Ouch.
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Peloton commercials were annoying as hell. Fuck em!

Now if only we could do something about this:
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damn shoulda kept the faith against MRNA jesus christ
 
UAL bless, who holds fucking bags.
<20><20>
 
Up over 680 percent on my nkla put baby
 
rob mafia said:
and it's still 28% above nav.
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Makes no sense to me. I think it’s heading back to single digits soon though.

Sold OPFI for another 7 percent gains. Rebought the bottom up another 4 percent. Rinse and repeat.

Also in EXPR for a swing and it’s cashing as well.

bought BFLY for a swing near bottom today. Should head upwards for earnings for next week

Cashing bigly today
 
MA up 4.2%. Like the good old days. <mma4>
 
Gas121 said:
Up over 680 percent on my nkla put baby
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I very rarely use options or short something. But I was tempted after NKLA stock jumped yesterday. Shit should be at $0. Down 15% today, looks like It would have worked out if I did it.
 
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