The Rokslide Stock Traders Thread

[Pharmseller]

PLTR is pulling back, not a fan of that.

 

[HuntHarder]

Markets looked "cautiously optimistic" right now. I'm sensing we are close to some big swings here in the near term..

 

[MountainTracker]

It does seem like markets are waiting to see what the fed says this friday.


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[Pharmseller]

PLTR is pulling back, not a fan of that.

Another ouch day.

Shoulda sold last week.

 

[HuntHarder]

Another ouch day.

Shoulda sold last week.

Will you sell yours, so mine goes back up! . So hard to time this market or any for that matter.

 

[mountainman406]

Down bad today, holding on a hoping for the best


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[Poser]

Just holding. Bought some more XRP o the dip.

 

[SWFLhntr]

I'm with you on MSTY. I think it is still leveling out of the hype phase. I've had good luck with UTLY and YMAX instead.

I'm giving MSTY the stink eye right about now lol.

 

[stevewes2004]

Buy day!


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[HuntHarder]

MSTY has been on my shit list since I bought it. I'm gonna dump it here soon. Plenty more money to make with other options at the moment..

 

[eddielasvegas]

I got this tip at the poker table last week. It's a lock right, since poker players never lie. The symbol is VKTX (biopharma company).

I was looking at it since last week and decided to buy a few hundred shares since it tanked today. It's truly a roll of the BP dice, but a 10 or 20 bagger is not out of the question if their drugs (two, I think) are approved.


Eddie

 

[HuntHarder]

I got this tip at the poker table last week. It's a lock right, since poker players never lie. The symbol is VKTX (biopharma company).

I was looking at it since last week and decided to buy a few hundred shares today since it tanked today. It's truly a roll of the BP dice.


Eddie

Hell, you were gambling when you got the tip! What's another gamble?

 

[eddielasvegas]

Hell, you were gambling when you got the tip! What's another gamble?

Now that is fall over funny and that did not even occur to me and I usually pick up on these things.

Gettin' slow (and I don't mean the 100 yd dash) in my old age.


Eddie

 

[MountainTracker]

Get ready to buy, things are on sell…. Again


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[NDGuy]

I haven't done much money movement lately, the story of my life the last 5 years has been sitting on the sidelines waiting for a crash or at least a major pullback, and the only one that happened, albeit very quickly, was beginning of April when I was out in the NZ mountains totally unaware.

Market technicals, P/E ratio, blah blah none of it matters anymore. Can’t time the market either way, all we need to know is the market is designed, encouraged, and will continue to go up long term.

 

[Sawitrightoff]

Lot of money leaving tech lately.

 

[BBob]

Lot of money leaving tech lately.

Been flying high, the profit reaper has to come to town

 

[Hydra6]

I buy dividend stocks. Bought UPS while it is down. Any insights into UPS?

 

[007hunter]

I buy dividend stocks. Bought UPS while it is down. Any insights into UPS?

Not sure if you look at charts at all, but looking back a couple years, it’s ugly!

 

[fmyth]

I haven't done much money movement lately, the story of my life the last 5 years has been sitting on the sidelines waiting for a crash or at least a major pullback, and the only one that happened, albeit very quickly, was beginning of April when I was out in the NZ mountains totally unaware. I will say I'm quickly learning some lessons about MSTY. I added some to my Roth IRA several months back and I'm getting the feeling that it makes the most sense for people that want to use the monthly dividend as income due to the yield and the declining ticker price basically zeroing each other out. So it's not functionally showing up as any growth in my Roth IRA balance despite the flashy yield. I also can't really make sense of the share price/yield either, which is a little unnerving -- I've read on the Yieldmax website that MSTY is supposed to perform its best when the MSTR price is pretty stable or even slightly declining, but best I can tell the share price of MSTY on the day directly tracks the MSTR share price trend. So again, maybe you wind up with good yield due to MSTR decline (which is inside their black box and you're just hoping til they actually publish the monthly dividend), but at the same time the MSTY share price dropped by the same amount. So my summary feeling of MSTY so far is meh for my purposes as someone that wants long-term growth in their Roth and I'm not trying to live off the monthly dividends right now.

It appears that you did not read the prospectus or Yieldmax's fund description (https://www.yieldmaxetfs.com/our-etfs/msty/) before purchasing MSTY.

MSTY is not a growth fund; it is an actively managed derivative income ETF that uses options strategies to generate high monthly income from Strategy stock (MSTR), rather than focusing on long-term wealth accumulation.