Economy stonks v22, infrastonksture

[kahiljabroni]

Theta killing it

Tell me you held your calls this morning.


I was was busy at open so I didn't make the dumbass mistakes I otherwise would have. I did make a bunch of moves around 9:55.

Been adding abnb since correction started paid off big today.

Bought heavy baba when it was up 4%....up 6% on it.

Bought calls on tiger. Holding

Bought nio calls...sold eod for even

Bought LAC down 2%....finished up 4%.


Sold my Mara shares down 12% and bought calls 3 weeks out


Not sure if today was an up swing in this back and forth pattern or not. I feel slightly more confident that this morning started ugly as if it was a shakeout. Also gives confidence that an actual rotation is occurring...as in overpriced big caps(etsy,enphase,amd) are selling off as small caps go up solidly.

Also closed my sq short at its lows for day.

Overall I killed it today. It could all be wiped out quickly tho if today was bullshit.

If that was truly the bottom for baba and bitcoin and small caps rally ill be flush with cash.

 

[Gas121]

Tell me you held your calls this morning.


I was was busy at open so I didn't make the dumbass mistakes I otherwise would have. I did make a bunch of moves around 9:55.

Been adding abnb since correction started paid off big today.

Bought heavy baba when it was up 4%....up 6% on it.

Bought calls on tiger. Holding

Bought nio calls...sold eod for even

Bought LAC down 2%....finished up 4%.


Sold my Mara shares down 12% and bought calls 3 weeks out


Not sure if today was an up swing in this back and forth pattern or not. I feel slightly more confident that this morning started ugly as if it was a shakeout. Also gives confidence that an actual rotation is occurring...as in overpriced big caps(etsy,enphase,amd) are selling off as small caps go up solidly.

Overall I killed it today. It could all be wiped out quickly tho if today was bullshit.

If that was truly the bottom for baba and bitcoin and small caps rally ill be flush with cash.

For me was the opposite, I was actually sleeping during deep red which I am kinda glad I did lol.

Had calls on PSFE, DKNG, LOTZ. All cashed. I actually bought BABA Friday at the bottom and sold. Wish I had held it. I mainly swing trade stocks but its just not conformable at the moment. Its a market for Kangeroo's. The bounces in stocks are just insanity. It's to unpredictable, its basically a gamblers market on a day-to-day basis atm.

Small caps to me seem the smart buy at this point. If your buying big tech your out of your mind IMO. So much value in beaten up small caps.

Bought RKLB, ASTR, LIDR, EXPR today. Bought calls on LIDR. Just strange LIDR never bounced like the rest of stocks. Let's see what tomorrow brings.

 

[kahiljabroni]

For me was the opposite, I was actually sleeping during deep red which I am kinda glad I did lol.

Had calls on PSFE, DKNG, LOTZ. All cashed. I actually bought BABA Friday at the bottom and sold. Wish I had held it. I mainly swing trade stocks but its just not conformable at the moment. Its a market for Kangeroo's. The bounces in stocks are just insanity. It's to unpredictable, its basically a gamblers market on a day-to-day basis atm.

Small caps to me seem the smart buy at this point. If your buying big tech your out of your mind IMO. So much value in beaten up small caps.

Bought RKLB, ASTR, LIDR, EXPR today. Bought calls on LIDR. Just strange LIDR never bounced like the rest of stocks. Let's see what tomorrow brings.

Nice...never go broke taking a profit. Good chance I might regret holding baba

 

[Gas121]

Nice...never go broke taking a profit. Good chance I might regret holding baba

I'm very tempted to load the truck but this China FUD scares the heck out of me. Good stock to swing though.

 

[Revolver]

lolz @ the cnbc 'young people's 50' index... and how the talking heads praise it...

because google and amazon are in it.

joe teranova, ladies and gentlemen (who just said to buy the same 2 stocks + ms/fb an hour ago).

lol, why do you even bother to watch cnbc?

 

[kahiljabroni]

I'm very tempted to load the truck but this China FUD scares the heck out of me. Good stock to swing though.

Right. The Chinese just made some positive comments over the wkend hence the rally. My thought is, half the market has been wanting to buy baba but have been too scared....if they start piling in it could compound quickly

 

[Gas121]

Right. The Chinese just made some positive comments over the wkend hence the rally. My thought is, half the market has been wanting to buy baba but have been too scared....if they start piling in it could compound quickly

Agree. Based on fundamentals this is an absolute buy. There financials are really, really good.

 

[nostradumbass]

Awesome, I held INTC $52 calls for 3 weeks waiting for a small bump just to break even, so of course as soon as I sell this morning for a 50% loss, it jumps up over 8% ah.

 

[rob mafia]

Awesome, I held INTC $52 calls for 3 weeks waiting for a small bump just to break even, so of course as soon as I sell this morning for a 50% loss, it jumps up over 8% ah.

yeah, they're quasi-spinning off mobileye. weird move. probably good for them, they'll likely get retarded money for it and they're maintaining majority ownership while securing their dividend. but it also shows how badly they need money if they're resorting to this.

lol, why do you even bother to watch cnbc?

because those clowns can move the market.

i prefer bloomberg, but i ditched my cable sub and i can stream cnbc easily from tos (which i already have running, anyway...). i should probably just pick up a bloomberg subscription or find another/better realtime market news source, though. i got kinda lazy/complacent since i got locked into this stupid play and basically took a sabbatical on trading to larp as an investor.

 

[Gas121]

Oh my market about to moon lol. RIP my HOOD puts I guess.

 

[HOLA]

Right. The Chinese just made some positive comments over the wkend hence the rally. My thought is, half the market has been wanting to buy baba but have been too scared....if they start piling in it could compound quickly

That basically is me. Looks tempting, but I'm too scared to do it. The fact that Charlie Munger dove in with his Daily Journal in definitely a good sign.

Now we're at $130, bouncing back up from $113 or so.



Obviously neither Munger or anyone else is omniscient, but it is a very solid vote of confidence.

With fractional shares and $0 commissions I guess there really isn't much of an excuse to be such a pussy. Maybe I'll dip in.

 

[rob mafia]

these futures...

 

[kahiljabroni]

yeah, they're quasi-spinning off mobileye. weird move. probably good for them, they'll likely get retarded money for it and they're maintaining majority ownership while securing their dividend. but it also shows how badly they need money if they're resorting to this.



because those clowns can move the market.

i prefer bloomberg, but i ditched my cable sub and i can stream cnbc easily from tos (which i already have running, anyway...). i should probably just pick up a bloomberg subscription or find another/better realtime market news source, though. i got kinda lazy/complacent since i got locked into this stupid play and basically took a sabbatical on trading to larp as an investor.

Investors business daily is pretty awesome for 40$ month

 

[Pride23]

I don't get why anyone would invest in a Chinese company. The political risk can't be overstated and the transparency we really have to company operations in China are limited.

There are plenty of companies outside of China with more transparency and without the political risk.

 

[BIKES!]

4:20 my time, get some

Pre market

 

[HOLA]

I don't get why anyone would invest in a Chinese company. The political risk can't be overstated and the transparency we really have to company operations in China are limited.

There are plenty of companies outside of China with more transparency and without the political risk.

That's all true, but something like Alibaba is down like 60%. That's a hell of a beatdown for a behemoth like that and something like a 140% return if it goes back up - a nice payday. I'm not putting more than like 0.1% of my portfolio in it, so even if it goes to 0 I'll live.

 

[Revolver]

Avgo with a price target increase to $620. This stock has been a beast for me and still has a yield of 2.5%

 

[HOLA]

Posco PKX currently has a P/E of 3.
Nice 5.9% dividend yield too.

Apparently they are planning some moves because of how undervalued they are. Don't see this covered in American media:

Spoiler

South Korea's largest steelmaker POSCO is considering splitting up the company to launch an investment holding firm as part of efforts to enhance its enterprise value.

Following the separation, the steelmaking unit and other current affiliates will be placed under the new holding company as subsidiaries, according to steel industry sources on Wednesday.

POSCO, the country’s sixth-largest company in terms of assets, will finalize its restructuring plan at a board meeting on Dec. 10 and put it to a vote at an extraordinary shareholders’ meeting in January, the sources said.

The restructuring is aimed at enhancing the company’s corporate value, which it judges as “seriously undervalued” by the market because of the investor perception that POSCO is a typical smokestack industry company.

A POSCO official said the company is considering various ways of restructuring to pursue new growth drivers, but “nothing has been decided yet.”

Currently, POSCO, the steelmaker, virtually controls its affiliates with major stakes in them. The company holds a 61.3% stake in POSCO Chemical Co., 74.7% of POSCO Energy Co., 52.8% of POSCO Engineering & Construction Co., and 62.9% of POSCO International Co.

....

Under the plan, the new holding company will also work as the group’s main investment vehicle, looking for M&A targets and exploring new business opportunities particularly in rechargeable battery materials and hydrogen projects, the sources said.

....

The company said in October its third-quarter operating profit soared to a record 3.11 trillion won ($2.6 billion) on a consolidated basis, a nearly fivefold increase from 670 billion won a year earlier.

For the first nine months of the year, its consolidated operating profit, including that of its affiliates, stood at an all-time high of 6.87 trillion won.

However, its current stock price is down 33% from a May high of 413,500 won.

https://www.kedglobal.com/newsView/ked202112010015

 

[kahiljabroni]

I don't get why anyone would invest in a Chinese company. The political risk can't be overstated and the transparency we really have to company operations in China are limited.

There are plenty of companies outside of China with more transparency and without the political risk.

Sounds like you're afraid. That means I should be brave and make tendies

 

[BIKES!]

All I do is WYNN WYNN WYNN no matter what