The Rokslide Stock Traders Thread

[5MilesBack]

Anyone moving investments out of stocks?

I started in early November, and am glad I did.....except for the tax hit. Just finished with everything I want out last week and early this week. I'm keeping my oil stocks for now, some healthcare stuff, silver ETF, a REIT, and a high dividend ETF. Unfortunately, most of my Apple stock is gains and I don't want that tax hit so will hold it also and buy more eventually........maybe in a year or two....LOL.

I started looking at a bunch of charts of mutual funds back in Oct and Nov. And when you print out a 2+ decade chart of a bunch of them, they look like mirror images with now versus 1999/2000. The only difference is........we're still near the top of the chart with this run since Mar 2020. I'm afraid it might just look like the rest of the 1999/2000 chart when we're all done given the economic headwinds we're seeing. This could take 2+ years to shake out, just like 2000 and 2001. Or.........we could see record highs again later this year??????? Who knows. But I'm a probability guy.

 

[007hunter]

Added some to my long holds today. Started a small position back in LIACF.

Hoping for a bounce that actually holds next week. Although long term I think we are in for some pain at least for the tech side.

 

[Broomd]

Hang in there, fellas. How many times have we had this discussion? There is still a ton of cash out there, people want to get out, travel, spend. Buy cars, trucks, boats, cycles, homes. Try buying anything right now, people can't wait to get stuff that isn't on the showroom floor.

A reckoning is coming, this inflation is brutal; but personally I think it isn't just yet. Just MHO....
I hope to be tapered out by June. Earnings will mean a lot, unless the market is so depressed they don't mean sh t. Hmm.

 

[zalia]

I wonder if these damn countries that always seem to come out with "bad news" about crypto are just trying to buy low, or destroy it so there is no competition with their trash fiat currencies?

 

[Broomd]

El Salvador Purchases 410 More Bitcoins Amid Market Drop, President Bukele Says

The nation now has over 1,500 bitcoins and plans to issue a $1 billion, 10-year bitcoin bond this year.

www.coindesk.com

 

[MountainTracker]

El Salvador Purchases 410 More Bitcoins Amid Market Drop, President Bukele Says

The nation now has over 1,500 bitcoins and plans to issue a $1 billion, 10-year bitcoin bond this year.

www.coindesk.com

I read that the president of turkey is supposedly going to be meeting with the el Sal press to discuss btc as a currency. Turkey is having real inflation issues, also taking into account turkey has a much larger population then el Sal, if they were to go all in, it could bounce real fast.

I’m still buying btc. NFA

Also saw a report today, Wal-Mart is looking to start its own crypto, I would imagine they would be working with an existing chain to accomplish this.


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[Customweld]

State Department Tells Families of Embassy Workers to Leave Ukraine | National Review

The State Department will also reportedly begin telling American civilians in Ukraine next week to leave the country on commercial flights.

www.nationalreview.com

Things are starting to get ugly. Could see crude over $100 a barrel by next week!

 

[cgasner1]

So crypto


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[EastMT]

So what I hearing is the market is betting Russia invades Ukraine, unsettling the markets. If China decides to do something dumb in Taiwan we could be in for a real ride, it would be very difficult to manage 2 large scale problems like that without some major market problems. 1 will be bad enough.

 

[5MilesBack]

So what I hearing is the market is betting Russia invades Ukraine, unsettling the markets. If China decides to do something dumb in Taiwan we could be in for a real ride, it would be very difficult to manage 2 large scale problems like that without some major market problems. 1 will be bad enough.

Sure.......along with all the economic indicators pointing in the wrong direction as well. Also, look at all the stocks that are down 50+% from their all-time highs, yet the averages are still close to their highs comparatively. Lots of canaries out there fallen off their perches.

 

[EastMT]

Sure.......along with all the economic indicators pointing in the wrong direction as well. Also, look at all the stocks that are down 50+% from their all-time highs, yet the averages are still close to their highs comparatively. Lots of canaries out there fallen off their perches.

Oh yeah, all the runners from the last 2 years, meme names, etc. Those pretty much shut off last spring. I’ve been saying so much was in a bubble for over a year. I’ll give one example, PLTR is down 66% from its peak, at under $14 it’s still priced at 70x and 15x-18x range is considered normal. So based solely on that it could drop another 66%, and there are so many tech/spec names out there just like this.

Add on top of inflation, raising prices/rates slowing home apps 50% last month, I fell like we are in for some rough times with/without China Russia problems. I’ve been complaining about money printing/debt since the GWB admin, you can’t live on a credit card for 25 years without paying the piper eventually, but modern monetary theory thinks it can go on forever

 

[Outdoor Writer]

My head hurts from watching our modest IRA NASDAQ-heavy fund, lose $22K over the last couple weeks. But we'll ride it out a while before making any moves.

 

[neb34]

My Spy Put play paid out just over 1400% this morning. I'll take it! Was down to just over $1k in my TD Ameritrade account to start the year, now have just over $12k in it! Alot of that has to do with the suggestions in this thread, playing both sides of the ball, up and down.

 

[MountainTracker]

My Spy Put play paid out just over 1400% this morning. I'll take it! Was down to just over $1k in my TD Ameritrade account to start the year, now have just over $12k in it! Alot of that has to do with the suggestions in this thread, playing both sides of the ball, up and down.

Good for you man


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[MountainTracker]

Well I’m guessing this is going to continue until the fed talks this week and then go down more


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[5MilesBack]

Oh yeah, all the runners from the last 2 years, meme names, etc.

The meme trading doesn't even exist in my world. Not on the radar at all.

 

[EastMT]

The meme trading doesn't even exist in my world. Not on the radar at all.

I call a lot of the hyped stocks memes, if they get too much hype/pump or just people excited about them. I’ll play anything anytime, not picky whether it’s up or down. Shorted BBIG meme on the recent spike from $5 to under $3, made well. Today was all spy puts, only plays for me today. I’m getting to like puts on pumps better than playing upside!

 

[eye_zick]

Inflation is hovering around 7%

Nothing stable around that, so for the retired or soon to be retirees, what's should be the strategy?

 

[neb34]

I call a lot of the hyped stocks memes, if they get too much hype/pump or just people excited about them. I’ll play anything anytime, not picky whether it’s up or down. Shorted BBIG meme on the recent spike from $5 to under $3, made well. Today was all spy puts, only plays for me today. I’m getting to like puts on pumps better than playing upside!

I'm sitting on a pile of SPY MARCH 18 2022 300 Puts. So far I'm up 200% (but I'm gonna be greedy on these ones, with so much time before expiration) Russia, China, Inflation, piss poor earnings, money printer out of ink, inflation, rate hikes....all a perfect storm for a big drop by mid March. I'm hoping to cash out big on them. I've also got some April, May, and June Puts that I will hold onto for a while (they are all up 100+%). Also holding LCID both stock and calls, as well as some EEENF, CDEV, and a longshot CCL SEPT Call (thats down 50% so far)

 

[EastMT]

S&P is now at levels from June 6 last year, 1/2 of 2021 wiped in a couple weeks. If we get a real dip, it’s not gonna bounce back like 2020 I don’t believe will be more cautious.

Someone posted up a chart comparing all the hot traders, Kathy Woods vs Warren Buffer funds last 24 months. His funds just passed all the ones that were supposed to be the “new paradigm” lol. Don’t doubt the old timers way of doing things