It's because I was playing the downturn. I sold off my holdings in February and missed almost all of the crash. Then I flipped SQQQ and SDOW for a decent bit of profit. I was then planning on staying in cash until I felt comfortable averaging back in, but there was a huge rally and I tried one more SDOW play. I ended up selling out at a 25% loss on that, because the rally continued. Then last week, I shorted oil (SCO) at the top of the rally on Trump's tweet. But then it rallied more, and so I lost another 25%.
I've been concentrating less and less on it, cant be bothered when it moves erratically. Not about to get /1929'ed/ by going all in and it ends up dumping hard
WOAH WHAT A GENIUS SURELY NO ONE COULD HAVE PREDICTED THAT!
Asher Flores
Already priced in, today's gains are tracking the economic recovery. Tomorrow will be even more gains, echoing the future golden bull.
Jason Sanders
What a useless asshole. >in a recession >recession coming guyz!
Gabriel Russell
financial news is literally just telling people what happened, after it happened. or the classic "im not saying it's going down, but if it does, let it be known that i once said that it might go down before it did"
Hunter Young
what a genius
Dylan Harris
what do you guys think about LK, will there be a short squeeze in a couple of days?
Wyatt Thompson
guys i figured out if i buy 22 more shares of SPXS now the markets only have to fall 16% from here for me to break even haha is this a good idea haha
Liam Smith
Sure. A short squeeze into the toilet.
Jason Sanders
Why is TLT still over $100.
Carter Thompson
Japan buying more LTTs
Luis Jenkins
it's probably more likely that it will bounce off of the top of the channel or at resistance and continue the downtrend, especially considering the fundamental story of them literally lying about their revenues.
if you wanted to play a short squeeze, the short float is definitely ripe for it (almost half the shares are shorted atm). the problem is that for that to happen, you'd need a strong gap up to cause shorts to cover their positions at a loss, but wtf is going to be the catalyst that causes it to gap up significantly in this environment? the answer is none, so no short squeeze.
Nah RTX has more room to fall with aerospace part of collins. Ill grab at that point.
Landon Hernandez
ugh I think I caught it
Matthew Adams
>more room to fall >single digit P/E on a company with $70B in government backorders The way I see it you're buying Raytheon and getting Pratt and Collins for free at this price
Joseph Reed
That's what I was thinking.
Landon Cruz
Not if Pratt and Collins cost you money, then it isnt free. But if i had money available id be happy to buy here anyway. I just dont have much.
Ryder Williams
>Not if Pratt and Collins cost you money, then it isnt free. What I'm saying is I'd pay the current price for just Raytheon, therefore, Pratt and Collins are purely value added
Tyler Hall
I sold Friday and bought 200 just now I’ll see what tomorrow holds
William Gonzalez
Could be a dangerous path tho. But don’t give up on your gut feeling because of clown market
Oh fuck I did not see that. I just bought 40 shares of OKE today in addition to other energy and oil companies. Also thanks for the RTX tip based Tomahawk poster. Did I fuck up if I intend to hold these positions long?
Look into blue chip tech stocks or consumer goods.
Jaxson Brown
I'm hoping to catch the oil rebound but don't know if thats going to happen.
James Edwards
Has a SQQQ buyer ever opened up its long term chart to get an idea of how it actually performs, or do they just see a picture of Bobo with some shill writing two sentences about how they bought it so they run out and buy it themselves?
Is this bait? It's meant for intraday trading and has reverse split many times. It would take our country turning into The Road to make it hit 200 kek.
Jason Nguyen
This is market is tower we are climbing on to jump off and end it.
the market unironically does the opposite of what the consensus is. the fact taht you are asking this shows it's about to tank. bear confidence has been shaken to the core.
Only saving grace for them is their military contracts although they fucked up their tankers. Wonder how their drone programs will be handled.
Anthony Parker
are you implying the brazilian real will overtake usd at rate of 99 usd to 1 real?
John Garcia
one final bulltrap
Joseph Ortiz
My puts being toast aside, does anyone else feel weirded out by all the optimism? Have I become depressed or is everyone else going fucking insane? There is literally no reason to celebrate. Especially in the US. Wtf is going on?
Dude I'm fucked because of listening to retarded bobos like you. I had to sell SQQQ today and I fucking bought in at 29.05 you massive stupid cunt!
Bentley Carter
>corona, hereditary Vertigo (my mom has it), or low blood pressure (physical last week showed 90/60) all the above
Logan Allen
OK biz I opened a account for us, we have 100,000 to spend.
pick our positions.
Noah Hall
>how the fuck are they building a rocket every 72 hours Because they're building them out of stainless steel rings in a shipyard in Texas. Elon has said, rightly, that 10% of the problem is designing the rocket, and 90% of the problem is designing an efficient mass production line. >Starlink Starlink will be huge and profitable, largely driven by the fact they can build and launch the satellites for pennies on the dollar compared to anyone else. The profits are earmarked to colonize Mars. You didn't think Elon was joking about that, right? He's building super rockets every 72 hours for a reason.
People /need/ it to work out too bad, to get back to the highs quickly, the markets will torture these people
James Garcia
Sold my CCl, DIS, BA, and MGM today. Only down $2k now overall for this year vs the $20k I was down three weeks ago. You all would be wise to take your profits and wait for the midweek dump. Nobody wants to hold over a 3 day weekend. Also earnings reports start next week. Cash is king right nowv
You ass holes had me convinced everything was going to crash. Why the fuck is everything going up?
Leo Carter
I DRINK IT ALL UP
Jason Rivera
I've been observing reality since Janurary, you tard.
Easton Price
The sheep have been led to the slaughter. Israel thanks you for helping them unload their bags
Chase Green
never
Evan Diaz
I don’t know about you all... but because of Corona this is the first time since college that I’ve felt alive. I have lots of silver and been waiting for something like this to happen for 5 years. The point where things get so bad that 1 silver Roosevelt dime will buy me a blowjob from a formerly well to do housewife and her 18 year old daughter at the same time. I’ve been waiting in the shadows laughing at these cuck husbands who buy their wives range rovers instead of buying silver bullion... knowing that I’ll be face fucking their wives mouths for the 1.30$ it cost me to buy that silver dime. Just yesterday at Whole Foods I seamlessly entered into conversation about Corona with a roastie milf that had a ring on her finger in the water aisle... and I said this is all a cover for trump to bring us back on a gold standard. She started looking at me in amazement like she wanted me to paint her lips in cum. At the end of the conversation I’m like take my number l have plenty of protection and freeze dried food if you ever need it and she took it from me.
Luke Rivera
>lk Fuck off.
Jack Barnes
>he bot da poots? >pumb et
Ayden Powell
satellite internet is shit tho
Gabriel Ortiz
Should I buy into XOM or is too late
Dominic Ward
- find good divvy stocks - buy lots of them - watch lots of anime
Right now OKE, XOM, CVX, tanker stocks could be really good this quarter.
If we were wrong this would be the shortest bear market in history. If infinite QE is so great, why did it take untill 2013 to recover from 2008? The age of tourism is over, more and more planes are being grounded. People think they can magically wish coronachan away by buying the dip. Nothing is solved, shit is still fucked. People are just coping.
Colton Kelly
I have $300 can someone tell me which options contract to buy to turn it into like a modest $900 or something
Christopher Allen
LOL
William Peterson
This place is filled with the scummiest of niggers doing nothing but shooting dice in the ass hole of the internet. I hope you meme spewing retards pay and lose money for the shitty karma you just racked up with me. Seriously I lost 20 grand over nothing.... I feel like killing myself.
Luis Lee
> actual quote > one bad quarter followed by biggest bull run in history to end stable around where it was last december before the end of summer
Alexander Brown
LITE GEO LDOS TDOC CCOI EXPO POR FCN REXR
Julian Hernandez
Big sell signal
Tyler Perez
Old satellite internet is, because the satellites were in very high orbits. Starlink is in a much lower orbit, and should have much lower latency, comparable to broadband
Not that they think they can magically wish it away, just most of the surviving population knows it will end which means the world will keep spinning and profits will return.
Isaac Barnes
What if you are holding long term? Just buy one or two when it sinks.
James Murphy
Bottom only happens when the bulls capitulate, until then we're still good to go. Likewise, when bears capitulate, you know it's about to go down hard.
Owen Perez
50% on SQQQ 50% on GUSH guaranteed profits baby!
Christian Gomez
i can draw random lines on graphs too
Colton Stewart
i don't want to watch market any more should i play video game or watch movie