Economy stonks v26

[Gas121]

BOIL seems like a buy.
Nat gas leveraged down like 45% in 2 days lol

$BOIL is wild atm. Thinking about getting in if it tanks again 2moro. Had a feeling there was a sell off coming, what a bloodbath for smaller/med caps today lulz.

 

[brackis1]

$BOIL is wild atm. Thinking about getting in if it tanks again 2moro. Had a feeling there was a sell off coming, what a bloodbath for smaller/med caps today lulz.

I loaded up premarket with it down another 6%.
We shall see how much money I lose lol

 

[brackis1]

I loaded up premarket with it down another 6%.
We shall see how much money I lose lol

It appears I have lost negative money, which I believe means a gain.

 

[brackis1]

It appears I have lost negative money, which I believe means a gain.

I sold half my position when it was back to even on the day; tanked again. Bought again.
Up a bit after hrs.

 

[HOLA]

I had a very very bad day. I get some free time a little after 3:30 and the dopamine starts to flow as I'm getting ready to buy. I have a new phone with a new phone #. Interactive Brokers has the mandatory 2-step authentication thingy, where you need the 6 digit password sent in text to sign in. I'm sitting there waiting for the text for like 4 minutes before It clicked it must be trying to send it to the old #. I have no idea how to switch it to my new phone, and I can't sign in. Oh, well, I think, I've also got some cash in my Schwab account, I'll go there and worry about IB later. So I sign in... but everything is in Chinese. I don't know what damn button I could have pressed and can't figure out how to get out of it.

By the time I figure this all out it's already 4:00. Needless to say, I felt pretty dumb.

 

[Wadtucket]

LMT almost hit $500 today...I'm making all kinda gainz.

Fuck yeah WAR STONKS~!!!!!!!!!!!!!!!

 

[brackis1]

I had a very very bad day. I get some free time a little after 3:30 and the dopamine starts to flow as I'm getting ready to buy. I have a new phone with a new phone #. Interactive Brokers has the mandatory 2-step authentication thingy, where you need the 6 digit password sent in text to sign in. I'm sitting there waiting for the text for like 4 minutes before It clicked it must be trying to send it to the old #. I have no idea how to switch it to my new phone, and I can't sign in. Oh, well, I think, I've also got some cash in my Schwab account, I'll go there and worry about IB later. So I sign in... but everything is in Chinese. I don't know what damn button I could have pressed and can't figure out how to get out of it.

By the time I figure this all out it's already 4:00. Needless to say, I felt pretty dumb.

For a while I thought this was about you getting hacked and your account drained

 

[Gas121]

$AMZN might be worth taking a closer look soon. Waiting for the low 70's to back up the truck. $NU under sub $4 I'll be taking a stab to add longs.

 

[BIKES!]

Fuck this shit.I bought BOIL at opening and cashed out. But fucking A, why the fuck are the airlines falling after LUV announces dividends and the future is bright. Ugh.

 

[brackis1]

Fuck this shit.I bought BOIL at opening and cashed out. But fucking A, why the fuck are the airlines falling after LUV announces dividends and the future is bright. Ugh.

I just closed a bunch of boil.
Made myself an assload of cash today

 

[Gas121]

Starting to fill bags on #NU stock. I’ve been waiting for 6 months for this stock to tank back under $4. Not a chance I miss this opportunity again! In for 3000 shares.

 

[HOLA]

$AMZN might be worth taking a closer look soon. Waiting for the low 70's to back up the truck. $NU under sub $4 I'll be taking a stab to add longs.

Just bought some more at $88.37.

 

[brackis1]

lol fuck thought I had a buy-on-close on RENT...didn't....is up 25% AH -_-

 

[Gas121]

Just bought some more at $88.37.

Have done a deep dive into their statements as of late. I think AMZN is a solid buy long term tbh, the AWS tech is a monster earner and I can only see this only growing. A friend of mine who works with it thinks its big business. My question was if Microsoft may take a lot of their lunch but he believes that is unlikely to be the case and AWS is going no where fast, will continue to grow albeit may slow down a little.

 

[HOLA]

Have done a deep dive into their statements as of late. I think AMZN is a solid buy long term tbh, the AWS tech is a monster earner and I can only see this only growing. A friend of mine who works with it thinks its big business. My question was if Microsoft may take a lot of their lunch but he believes that is unlikely to be the case and AWS is going no where fast, will continue to grow albeit may slow down a little.

It's a very "sticky" business. Once you decide to go with AWS or Azure (or even Google) it's really cumbersome to change. We're still in the early innings, so even if AWS market share declines, they'll still be making solid $ off of it. There's enough there for them all to enjoy. AWS had $450 million in operating income in 2014 and last year had $18.5 billion. It's impressive stuff.

 

[Gas121]

It's a very "sticky" business. Once you decide to go with AWS or Azure (or even Google) it's really cumbersome to change. We're still in the early innings, so even if AWS market share declines, they'll still be making solid $ off of it. There's enough there for them all to enjoy. AWS had $450 million in operating income in 2014 and last year had $18.5 billion. It's impressive stuff.

He said the same thing that once your locked in, it's more than likely you'll stay put and its a pain in the arse to change. The numbers are pretty impressive tbh. Amazon have a lot going for them, I think its a solid bet long term. The stock is back at 2019 levels now. I am not invested yet but ready to pull the trigger and add to my longs. I prefer $AMZN at current price than any other bluechip tbh. Under $80 would be pretty juicy.

 

[Pride23]

Bought some more Open shares today, $1.28. Price action makes zero sense.

 

[HOLA]

BABA staging a nice comeback. Up 41% in the last month. Most volatile stock I've ever owned, although AMZN is actually giving it a run for its money lately.

 

[HOLA]

Activision Blizzard stock (NASDAQ:ATVI) saw some volatility on reports that the Federal Trade Commission has filed suit to block Microsoft's (NASDAQ:MSFT) $69B acquisition of the videogame publisher, but has largely made up a decline on the news and is back to a 1.4% decline for Thursday's session.

The commission voted to go forward with a lawsuit after a few hours of meeting, according to media reports, despite a full-court press by Microsoft in recent days to try to fend off such an effort.

It would mark the biggest regulatory threat to Microsoft in 20 years, since the DOJ's landmark antitrust suit against the company. Microsoft stock (MSFT) has pared some gains and is up 1% Thursday afternoon.

The FTC is seeking to block the deal saying that it "would enable Microsoft to suppress competitors to its Xbox gaming consoles and its rapidly growing subscription content and cloud-gaming business."

“Microsoft has already shown that it can and will withhold content from its gaming rivals,” said FTC Competition Bureau Director Holly Vedova. “Today we seek to stop Microsoft from gaining control over a leading independent game studio and using it to harm competition in multiple dynamic and fast-growing gaming markets.”

The FTC says its complaint notes Microsoft's record of acquiring and using gaming content to suppress rival console competition - including acquiring Bethesda Softworks parent ZeniMax, after which Microsoft made several titles Microsoft exclusives despite assurances to the contrary.

The FTC's vote came on party lines, with three Democrats in favor of the complaint and one Republican against, according to The Washington Post.

"We fully expect Microsoft to fight for this Activision deal and not back down," Wedbush analyst Dan Ives said in response to the FTC's action. "Likely now heads to court with FTC lawsuit. Sets up battle between Redmond and FTC to save the Activision deal which remains very important to [Microsoft CEO Satya] Nadella and MSFT. Setting up for 2023 court battle."

“This is the boldest move that the Biden administration antitrust agencies have taken to police mergers,” Willam Kovacic, a former FTC chairman, said in an interview on CNBC.

Updated: "We have been committed since Day One to addressing competition concerns, including by offering earlier this week proposed concessions to the FTC. While we believed in giving peace a chance, we have complete confidence in our case and welcome the opportunity to present our case in court," Microsoft President Brad Smith said in a statement.

Activision Blizzard CEO Bobby Kotick sounded upbeat in a letter to staff, saying "This sounds alarming, so I want to reinforce my confidence that this deal will close."

"The allegation that this deal is anticompetitive doesn't align with the facts, and we believe we'll win this challenge."

The competitive landscape is "shifting" in the industry, Kotick reportedly said, and "We believe these arguments will win despite a regulatory environment focused on ideology and misconceptions about the tech industry."

Microsoft's efforts included reportedly sending Smith to Washington to urge commissioners not to block the deal.

 

[Gas121]

Might be a good time to start thinking about oil stocks again for a swing trade. $PBR looks decent. The fears of demand destruction is probably overblown, the oil saga is a lot more complex than it has been before. I still think oil is still in for a bumper few years going forward. Another bloodbath would get me very interested.