Economy stonks v24, snakes in the ukraine

[boingyman]

Should be seeing a lot of volume on a triple witching day. I'm sure many are tempted to short the market with this long rally we're having.

 

[kahiljabroni]

I'm in a bad spot. My longs are crushing it but I think we're gonna get rejected at the 50. But I'm not confident enough to buy more puts are sell any shares. Still 50% cash. Can't decide if i want the market to crash or moon at this point

 

[HOLA]

The old miser Buffett is really loading up on OXY. Now owns close to 15% of the company, or 22% when you include the warrants he holds. Says he pounced after reading OXY's earnings call transcript. Haven't read it yet but it must be pretty enticing.

https://seekingalpha.com/article/44...vicki-hollub-on-q4-2021-results-earnings-call

 

[nostradumbass]

Good lord, wanted to catch a market pullback with some SQQQ calls when it hit $39 and they got obliterated within hours. Oh well, had some SOFI calls to balance it out and surely a sharp pullback is coming next week.

 

[boingyman]

Good lord, wanted to catch a market pullback with some SQQQ calls when it hit $39 and they got obliterated within hours. Oh well, had some SOFI calls to balance it out and surely a sharp pullback is coming next week.

I just bought some SQQQ shares AH at 37.25. I'm sure everyone is expecting a pullback next week. Either way it's just a hedge.

 

[nostradumbass]

I just bought some SQQQ shares AH at 37.25. I'm sure everyone is expecting a pullback next week. Either way it's just a hedge.

Would have though a pullback today was expected. Nasdaq running over 10% in 5 days in a little aggressive.

 

[boingyman]

Would have though a pullback today was expected. Nasdaq running over 10% in 5 days in a little aggressive.

That's the market for you. Did you see SHOP at the bell. I wonder if it was from options expiring.

 

[kahiljabroni]

Thinking everyone was loaded with puts to close on quad witching which was alot of buying pressure. Possibly to reset their shorts at the 200 which were sitting under.
Or that was the bottom

 

[nostradumbass]

That's the market for you. Did you see SHOP at the bell. I wonder if it was from options expiring.

Clearly the only thing that can stop the market now is me buying SPY calls.

 

[brackis1]

I just bought some SQQQ shares AH at 37.25. I'm sure everyone is expecting a pullback next week. Either way it's just a hedge.

same

 

[HOLA]

Berkshire buys Alleghany for $11.6 billion cash. 1.26X book value. Pretty good deal for the mini-Berkshire.

 

[brackis1]

im an idiot for not trying my hand at NLSN when it was down 18% premarket to $20 for rejecting a 24.5 takeover offer as "too low" lol.
Was afraid of a market dip that would take it further with.
I was right about the market dip at least.

 

[brackis1]

lmao I ended up being right about ROOT as a buy under 2 (for now at least)

 

[44nutman]

Looks like $ML getting ready to run. Thank goodness because I own a shit ton after averaging down for a solid month. They blew the doors off earnings. When it gets to 6 by end of year, it’s boats and hoes time.
$MRO running again after that dumb dip 2 weeks ago. 35 barrel is break even point for them. They are buying a billion back in stock and erasing debt. Glad I got some more July calls on the dip.

 

[rob mafia]

i think all of the shitstocks i'm in are being pump&dumped.

hlgn is up 20%

 

[Gas121]

i think all of the shitstocks i'm in are being pump&dumped.

hlgn is up 20%

Small caps are being played I think.

Su calls printing.

 

[BIKES!]

LMAO, AAL CEO on CNBC, "Demand is as high as its ever been."

meanwhile stock free falls. Stonks aren't smoke and mirrors dictated by the billionaire elite slash hedge fund masters

 

[Gas121]

Ended flat for the day. Made a little profit on ZIM.

Bought TFC for a swing balls deep 400 shares. Stock is kinda bullet proof around this mark. Solid buy at 56~58. Expecting 60s in a few weeks. Will average down if needed.

Waiting for NKLA to get around the 10 mark before shorting. Plenty of garbage needs to come back down!

 

[HOLA]

I've been looking through Seeking Alpha's quant rankings (which actually appear to have short but decent track record) and noticed ARKK is ranked 1944 out of 1972 haha.

 

[Gas121]

The old miser Buffett is really loading up on OXY. Now owns close to 15% of the company, or 22% when you include the warrants he holds. Says he pounced after reading OXY's earnings call transcript. Haven't read it yet but it must be pretty enticing.

https://seekingalpha.com/article/44...vicki-hollub-on-q4-2021-results-earnings-call

Financials aren't great on OXY. I get oil is hot property right now but this kinda rise is nuts. So tempted to short OXY and a few others but timing oil to short is difficult atm. The volatility is crazy but I think there is some money to be made going short soon.

We saw a 10 week decline with a 6% rise in the SP500, making half its gains back this year in a week. Seems kinda odd. Most think the bottom is now in but I dunno, could be a relief rally or dead cat bounce. This week will be telling.