Economy stonks v23, santa claus rally or santa claws rally?

Worked from a hotel today and watched CNBC with commercials, which is rare for me, and holy fuck what a trash heap.

No wonder they pimp SBEA so often: black rifle coffee ads all day.
Even better is Matt Damon telling me that buying bitcoin on Crypto.com is basically the bravest thing I can do and equivalent to the Wright Brothers, Magellan, or Tenzing Norgay

Oh and Qualcomm buying shitty ads where they have an actress pretend to be in a TV telecast interviewing their CEO. Straight up informercial level content. So cringe.
 
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Positions pretty much set for 2022: SOFI, EXPR, WGO, MOS, PLTR, BABA, TELL, UEC, WOOF, SFT, PSFE. Picked up calls for a year out on PSFE, SFT, TELL.

Sitting some cash for any dips from here.

Happy holiday's y'all. Take care for now. See ya in 2022.
 
Gas121 said:
Positions pretty much set for 2022: SOFI, EXPR, WGO, MOS, PLTR, BABA, TELL, UEC, WOOF, SFT, PSFE. Picked up calls for a year out on PSFE, SFT, TELL.

Sitting some cash for any dips from here.

Happy holiday's y'all. Take care for now. See ya in 2022.
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weird, i just got out of pltr (again) but looking for another entry. the rest are mostly antonyms to my tickers. lolz
 
You could actually time the market off my emotions, since I read CNBC almost every day. On any day that I have an overwhelming urge to buy or sell based on my emotions from the news, the market does the opposite. Now, I don't day trade. I'm all in with diamond hands, committed to ignoring my emotions, however it feels as if they are out to get me.
 
Just curious…some of y’all post and sounds like you”re active day traders…do y’all also have regular jobs? I”m curious to understand how well y”all do as compared to my 401K….I’m on track, especially if next week is a continuation of this week…to hit 14% ROI which is somewhere between $45K-100K…(without getting too specific)….granted it’s not profit as I’ve not “sold”…how does that compare to y”all? Truly, curios as I stopped trading when I lost a shit ton of money when The market crashed on the tech bubble…
 
milkmandanl said:
Just curious…some of y’all post and sounds like you”re active day traders…do y’all also have regular jobs? I”m curious to understand how well y”all do as compared to my 401K….I’m on track, especially if next week is a continuation of this week…to hit 14% ROI which is somewhere between $45K-100K…(without getting too specific)….granted it’s not profit as I’ve not “sold”…how does that compare to y”all? Truly, curios as I stopped trading when I lost a shit ton of money when The market crashed on the tech bubble…
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I'll tabulate it in January. I'd estimate maybe 15-16% return this year, which I'm not happy about, since it will be another year of underperforming the market.

Mastercard is over 20% of my portfolio, and it's only up 1% this year. That's what really hurt me. My largest newer investment in Lockheed Martin is also just about flat so far, so that didn't help either.

Not a day trader. IIRC, I haven't even actually sold anything in 2021. 3 largest holdings - Berkshire Hathaway, Union Pacific, Mastercard - I've owned for 10 years or more. I usually hold on for the very long-term.
 
milkmandanl said:
Just curious…some of y’all post and sounds like you”re active day traders…do y’all also have regular jobs? I”m curious to understand how well y”all do as compared to my 401K….I’m on track, especially if next week is a continuation of this week…to hit 14% ROI which is somewhere between $45K-100K…(without getting too specific)….granted it’s not profit as I’ve not “sold”…how does that compare to y”all? Truly, curios as I stopped trading when I lost a shit ton of money when The market crashed on the tech bubble…
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i fucked up by getting locked into a long-term arbitrage and subsequently deciding to 'just be an investor' this year (and ate some losses [less gains, really] this month as a result)... but i'm still up ~100% for the year.

if i decided to trade through it, i'd probably be ~150-170%. shit, if i just held the other side and sold weekly calls like i had been doing and planned on, i'd probably be up 200%
 
kahiljabroni said:
So we got bear trapped or what?
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Looks like it albeit I think small/med caps are a buy here. Not buying any mega caps, they need to come down for me to take any position. Seems illogical to buy at highs when the value is not there.

milkmandanl said:
Just curious…some of y’all post and sounds like you”re active day traders…do y’all also have regular jobs? I”m curious to understand how well y”all do as compared to my 401K….I’m on track, especially if next week is a continuation of this week…to hit 14% ROI which is somewhere between $45K-100K…(without getting too specific)….granted it’s not profit as I’ve not “sold”…how does that compare to y”all? Truly, curios as I stopped trading when I lost a shit ton of money when The market crashed on the tech bubble…
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Erm work from home in a flexible job which allows me to start/finish at any time which benefits me to trade. I mainly swing trade though with larger positions for a few days/weeks sometimes months.

I was up around +70% for the year until the last two, three months odd.. the slaughter in small/med caps hit me bigly. A few stocks killed my gainz. Topped out just over 35% for the year atm. Got hammered on a few small caps which wiped out some big gainz lolz. I will probably amend my strategy next year a bit, going heavy ITM leaps and just chill. 14% is a great return though. Especially if your investing and just chillin. I'll probably be looking to hold my positions longer next year. Day trading is a pain in the arse at times; its more of a hobby these days.
 
10% on qqq calls
10% on grtx
5% on reto

not a bad morning.
 
milkmandanl said:
Just curious…some of y’all post and sounds like you”re active day traders…do y’all also have regular jobs? I”m curious to understand how well y”all do as compared to my 401K….I’m on track, especially if next week is a continuation of this week…to hit 14% ROI which is somewhere between $45K-100K…(without getting too specific)….granted it’s not profit as I’ve not “sold”…how does that compare to y”all? Truly, curios as I stopped trading when I lost a shit ton of money when The market crashed on the tech bubble…
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I pulled all of my 401k out of mutual funds and into T bills when the Dow was at 24k. I only lost about $2M and $6M before I retire assuming historical annual returns. I thought about killing my self but I plan to make $150k on airlines in the next 12 months. So I may still kill myself
 
@44nutman

what do you think about mvis now? i stopped paying attention to the whole sector after the last batch of earnings reports. might put money in one/some soon. maybe.
 
rob mafia said:
@44nutman

what do you think about mvis now? i stopped paying attention to the whole sector after the last batch of earnings reports. might put money in one/some soon. maybe.
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They are hiring engineers and set up an office in Germany. Europe is going all in on EVs. Rumors are they are working with German car companies.
The problem they have is revenue is shit. They have a working product but sold none, nor is it in production. The other problem is they have gone all in on LIdar but the Hallolens product is phenomenal but have a shit deal with Microsoft on royalties. I started buying under $1 as a high risk high reward and roughly 2 years later still high risk/reward. They are making the right moves but we need to see some fucking revenue.
I sold enough at 23 to put money in my pocket and have free shares, but looking back should have unloaded it all.
 
44nutman said:
They are hiring engineers and set up an office in Germany. Europe is going all in on EVs. Rumors are they are working with German car companies.
The problem they have is revenue is shit. They have a working product but sold none, nor is it in production. The other problem is they have gone all in on LIdar but the Hallolens product is phenomenal but have a shit deal with Microsoft on royalties. I started buying under $1 as a high risk high reward and roughly 2 years later still high risk/reward. They are making the right moves but we need to see some fucking revenue.
I sold enough at 23 to put money in my pocket and have free shares, but looking back should have unloaded it all.
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*hands on hips at the cricket match guy*
 
BIKES! said:
I pulled all of my 401k out of mutual funds and into T bills when the Dow was at 24k. I only lost about $2M and $6M before I retire assuming historical annual returns. I thought about killing my self but I plan to make $150k on airlines in the next 12 months. So I may still kill myself
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Sometimes Life’s hard knocks keeps on knocking
 
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