Economy stonks v25, return of the fedi

Bought 2525 shares of TQQQ at $25 and was rewarded with a nice scalp :)

Really hope we dump again hard then I'll buy a bunch of shit more confidently, but looks like we bottomed here.
 
Sold my DM shares, took profits and wanted the extra cash on hand.
 
Boeing seems tempting here on reopen plays if China comes in with a buy
 
Pride23 said:
Sold my DM shares, took profits and wanted the extra cash on hand.
Click to expand...

Bought back 25% of my shares, it's just so cheap in my eyes and want to be invested in this one, added cash still, more than I put into the position and will be looking to potentially buy more at a later date.

This honestly feels like it's going to drag on for a while. I imagine undisciplined traders and just retail in general are getting slaughtered out there between the market, inflation, interest rates rising, layoffs/hiring freezes, and probably making mistakes when seeing their portfolio in the red.

I think a lot of people will be pushed out of the market whether by choice or not, companies will be flushed out too, and then this thing is going to flip, a bull market that will be really massive historically. Tech I believe will lead the way.

Just have to be smart enough to position yourself for the upside and weather any storm.

Mid June CPI and FOMC meeting loom.
 
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On top of all the other issues we have, I can't help but wonder how much Biden's blunder to seize Russian assets will effect US markets going forward. US was a safe haven for foreign investors but not so much nowadays when they start seizing assets if you run afoul with the State Department.

In related news China are selling off investments to limit exposure and they have trillions in US stocks bonds and land. https://www.businessinsider.com/china-protection-overseas-assets-us-sanctions-russia-2022-5
 
Monkey Business seems hot.
Monkeyspox stocks busting out in AHS
$SIGA +20%, $TNXP +8%, $CMRX +6.5% $AEMD +4% $EBA +2.3% $NNVC + 2.2%, $GOVX + 2.8%

I'm still inverse 100% ETFs tho as i'm not a part time stock broker and dont wanna be.
 
12ga. said:
On top of all the other issues we have, I can't help but wonder how much Biden's blunder to seize Russian assets will effect US markets going forward. US was a safe haven for foreign investors but not so much nowadays when they start seizing assets if you run afoul with the State Department.

In related news China are selling off investments to limit exposure and they have trillions in US stocks bonds and land. https://www.businessinsider.com/china-protection-overseas-assets-us-sanctions-russia-2022-5
Click to expand...


Will definitely help usher in dropping the dollar as the reserve. Wouldn't be surprised if China saw this coming long before mush brain even conceived it
 
Pride23 said:
Bought back 25% of my shares, it's just so cheap in my eyes and want to be invested in this one, added cash still, more than I put into the position and will be looking to potentially buy more at a later date.

This honestly feels like it's going to drag on for a while. I imagine undisciplined traders and just retail in general are getting slaughtered out there between the market, inflation, interest rates rising, layoffs/hiring freezes, and probably making mistakes when seeing their portfolio in the red.

I think a lot of people will be pushed out of the market whether by choice or not, companies will be flushed out too, and then this thing is going to flip, a bull market that will be really massive historically. Tech I believe will lead the way.

Just have to be smart enough to position yourself for the upside and weather any storm.

Mid June CPI and FOMC meeting loom.
Click to expand...


so what do you consider to be good strong positions in the tech sector for that time?
 
This month:
sold KHC 4% profit (after dropping 9% in one day)
sold NRG 5% profit (nat gas input prices to high for me)
bought and sold XOM 6% profit
bought JPM -5%

Still holding:
lots of EPD
lots of XOM (beginning to sell covered calls strike $100 and up) - will move into EPD
PBFX - looking to sell around $19
JPM (selling covered calls until assigned)
VLO (selling covered calls until assigned)
30% cash
 
Grassshoppa said:
What's everyone's opinion of Ekso Bionics (EKSO)?
Click to expand...
<FookIsThatGuy>

if you're going to post obscure as fuck tickers (their market cap is $24M), you're probably the one that should have the opinion. i doubt many of us are going to be familiar, but biotech is not my sector. so... i have no idea. never heard of them.
 
Broadcom is making a move to buy AV ware. Might happen as Broadcom is an acquisitive company.
 
lovely day to arbitrage: Got to short AVGO above 520 then bought a little VMW when it sunk to 112 for some scalps.

First day in a while where markets and solid stocks are up while trash is down.
 
Markets are nuts up and down and up. Seems like an announce of the new trading zone with irrational moves in stonks both directions.
 
Well Snap just going to kill the market after hours just like that I guess. Rip
 
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