Economy stonks v9, bubble yum

today's weird. not sure if it's because it's another jpow red day or what, but yesterday was red and i was quite up. was expecting a flat/green day and i was down while the market was up.

point being: on weird days, i apparently end up making uranium/vix plays.

EndlessCritic said:
Boys... I'm sitting on piles of cash (>$100,000). What am I supposed to do with all of it?
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...have you thought about uranium?

dc39eea9611156c892ef04cbf6baf434.gif
 
BIKES! said:
If Apple drops to $100 I’m going big too. I don’t see it happening though. The next iPhone is just around the corner...
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The 50 DMA is $117.05 and the 200 DMA is $88.61. I agree it is unlikely but it’s a great entry point and not out of the realm of possibility given the averages. Let’s see how they end September.
 
lolz.

so rh's default is FIFO. you can actually use LIFO/selective lots if you email them (and get someone competent). i flipped some MAXN yesterday. i'm also holding some MAXN at a higher price, so just in case, i thought i'd LIFO it. maybe i'll actually long something/partial ACATS out...

here's the brilliant response i got (my email just said open/close with the ticker, prices and times)

Thank you for contacting Robinhood. My name is Jordan and I hope you are having a great day. I understand what you are asking about your stock but it cannot be done.

Once you buy the stock they go into a general pile with the same price, so the $13 and the $12 are in the same pile and the avg cost is $12.50. Then, when they get sold there is no difference in the cost of each stock. If the market goes up to $15 any share sold will bring you a profit just as if the market price drops to $10 every share sold is at a loss.
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<WhatIsThis><Huh2><JagsKiddingMe>
 
We can all agree Tillman Fertitta has the most annoying voice possible and the world would be better without him, right?
 
brackis1 said:
We can all agree Tillman Fertitta has the most annoying voice possible and the world would be better without him, right?
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i don't understand why they have fertitta on every week.

that said, i guess their guests/etc have been reallllllllllllllllllllly bad lately. ie: yesterday's rambling 130 year old who (toward the end of a 20 minute tirade about the 'comony) said he didn't follow stocks.
 
rob mafia said:
i don't understand why they have fertitta on every week.

that said, i guess their guests/etc have been reallllllllllllllllllllly bad lately. ie: yesterday's rambling 130 year old who (toward the end of a 20 minute tirade about the 'comony) said he didn't follow stocks.
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Probably because he offers to do it and is begging for attention.

eVERY WEEK: "MEEE YUNNNN MAHH WESTAWANTS BOO CUOMO AND DEEBLAZIO, WE JUST ENED TO TWY OUT, RUN THE BUSINESS, OPEN IS PERCENTS"

Some elmer fud goof.
 
dammit, i hate you. now i'm paying attention to his voice and i'm going to be annoyed from now on.
 
rob mafia said:
imo, both of them look pretty good right now. i actually have 100 shares of rkt from one of my puts getting assigned on friday, and i'm debating selling more puts on them (also, i sold/bought back a call on that lot 3 times today [25/10, 20/10, 20/10 - all @ $24 weekly], so it's delivering consistent smallball tardgains in its one day of being held. of course, if i was daytrading it, i could have easily sold at 22 and bought at 21, so... )

msft is obviously solid. the sp might drop more, but msft isn't going anywhere. i should probably have been longing it (especially since the msft 200 meme), but... yeah, i don't like longing much. and today's news is weird. buying out bethesda/etc is/could be kind of a big deal, but $7.5B seems like an insane overpayment.
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So I've only been in the market for a year. During that time one pattern seems extremely consistent to me and here's my thoughts on capitalizing on it.

The trend is the market finishing where it starts. Today is perfect example. All 3 major indexes start out green, they spike slightly at open, those gains fade towards lunch, market rallies back in afternoon.

The opposite is also reliable. Futures down 2% premarket.....pares losses by lunch 12-2....market dives in afternoon.

It has to be an 80-90% reliable trend. Now when the market opens mixed or flat, I wouldn't even fk with it. Also if the market has been going one direction for a while, and its due to turn, its even more accurate.

So today for example....i checked at noon and the Nasdaq had gone from like +.8% at open to -.3%....something like that. I know its going to end green...my guess was up 1%. Why not buy 100k worth of tqqq around lunch, and sell at 3:59? It would have netted me 4-5k.

I'm not saying it will work every time. But if it even works 60% of the time then its profitable. Thoughts?


Edit....seems to be most reliable when futures are down or up a fair amount....+.5-1.5%. Then the gains are pared on no meaningful negative news. Especially reliable when the market is due for movement in current direction.
 
$APT announced a stock buy back today. Been in and out of this one. The buyback was a nice surprise today. For a company that has great earning there were a lot of shorts who I assume now are scrambling.
 
Plays for tomorrow

JWN sitting almost at all time lows $12.97. In for 100 shares. Target $16

WKHS $27.00 in for 50 shares. Target $35.00
 
Gas121 said:
Plays for tomorrow

JWN sitting almost at all time lows $12.97. In for 100 shares. Target $16

WKHS $27.00 in for 50 shares. Target $35.00
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Youre gonna get your shit pushed in omn WKHS, TSLA is taking the EV space down. reconsider at 25.

I hate myself for going to the gorcery store and only getting somne TSLA to short at 436 and couldnt get more on my app at 442. Now at 413 lol/
 


Model S Plaid is real and they are now taking orders but will only be shipped at the end of 2021. Quarter mile 9 seconds and ran a record breaking 1:30 at Lagunia. Plus 16 percent storage increase but using 320 fewer parts to make the battery pack.


Tesla-4680-battery-cell.jpg
 
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brackis1 said:
Youre gonna get your shit pushed in omn WKHS, TSLA is taking the EV space down. reconsider at 25.

I hate myself for going to the gorcery store and only getting somne TSLA to short at 436 and couldnt get more on my app at 442. Now at 413 lol/
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Kinda got FOMO on WKHS, been watching for a few weeks. Let's see what happens tomorrow. EV could get crushed for sure.

Tesla almost at 400 now. Looking forward to see the open! EV could be all red tomorrow lol
 
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