Stock Market Era |OT3| Nobody expects the Spanish Inflation!
- Thread starter Sheepinator
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same, grabbed 100 shares at 141.50 yesterday
-part of me wants to just hold and write covered calls at 155-160
-part of me wants to sell today, make 50 bucks and get ready to pour everything in apple amazon later today
OP
OP
I was hoping for AMZN to be red today so I could sell a CSP. The more green it is today, the less confident I am it will be green tomorrow.
I think imma sell some stuff and buy 1,000 shares but I dunno...
View: https://www.youtube.com/watch?v=FCuz-y1n6rk
Seems reasonable if you're going long (and that's not too large a portion of your portfolio, I have no idea). I think they'll be growing for a while. I was just trying to flip the thing.
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Everything is more green rn than I expected, so assuming all incoming red tomorrow for sure now.
Edit: but left my votes of Amazon and Apple red, Meta green.
Yea it will be a long term position. About 5% of my overall portfolio so a little more than I'm usually comfortable with but nothing too serious, I don't think the stock would ever dip below 5 bucks again.
Stock is clearing being manipulated by traders (mainly analysts from financial firms aiming to please their daddy bosses by giving nonsensical downgrades to deliver on whatever their bosses short positions). I think volatility will go down over time as more institutions/funds pick up shares their profitability steadily increases.
The big banks don't like them taking any business away and they have the resources to fuck with SoFi's stock price. You don't see this kind of activity against Ally Financial (and this company isn't growing as fast). Therefore they might see SoFi as a future threat than a bank like Ally.
I also think that banking customers may actually tend to be sticky, even if it's with online banks. If you're always offering competitive rates and all these other services in one package a person is a more likely to stay and move their cash around those services (student loan, savings, invest platform, retirement, alternative investments/IPO). I think it's probably a limited amount of people who yield chase.
SMCI just keeps going and going. It was on my list of potential stocks to pickup back in 2020 but I passed on it for some reason. ;_;
It's rather ridiculous. For the growth its experiencing though, I don't even think its overvalued tbh.
Fortunate problem to have, but I regret getting 50 shares not 100.
OP
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Just before close, I sold an OTM AMZN put and OTM AAPL call. Unless Apple soars, that should be $200 profit tomorrow morning.
good thing i didn't listen to the second part of me 😌
i'd be out of google and have anything to buy
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QQQ's up 0.8%.
Apple has that strong support at $180 and the options market wasn't expecting it to drop below there.
It's interesting to see the algos at work. Apple instantly up $3, then within 7 minutes it was down $10 from there.
Apple has that strong support at $180 and the options market wasn't expecting it to drop below there.
It's interesting to see the algos at work. Apple instantly up $3, then within 7 minutes it was down $10 from there.
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New dividend and buyback mostly. Plus hitting earnings.
I hope Apple stays around 180 until tomorrow - feels like a good number to buy more at.
Oh thought you meant Meta. The Apple drop was China weakness with iPhones.
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So that analysts supply chain report was very accurate then?
I lol'd at some article yesterday saying that report was priced in... because it had been a day since that report came out.
I lol'd at some article yesterday saying that report was priced in... because it had been a day since that report came out.
I dunno. I feel like Apple hit the bottom and its just going to steadily go up the rest of the quarter.
Well as long as you don't invest based on feelings lol (we all probably do to some extent, unless you're purely a lazy 3 fund portfolio investor)
yeah 180 looks like a hard floor. my 180.50 extended hour limit order didn't even fill
i'll start scrapping some tomorrow
OP
OP
If the market starts to fade this opening gap, it'll be interesting to see if Apple can hold $180.
bounced off 180.30 again
i got my 180.50 buy order filled, gonna put some at 177-78, but doesn't look likely
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RIP March rate cut.
The US economy added a blockbuster 353,000 jobs in January, far exceeding expectations of 180,000. This is a really healthy economy. (December jobs revised up to 333,000)
Unemployment rate: 3.7%
Wage growth: 4.5% in past year —>far ahead of 3.4% inflation
The US economy added a blockbuster 353,000 jobs in January, far exceeding expectations of 180,000. This is a really healthy economy. (December jobs revised up to 333,000)
Unemployment rate: 3.7%
Wage growth: 4.5% in past year —>far ahead of 3.4% inflation
