The Investment Thread
AAL play almost roasted me. Sold all of my calls yesterday and bought a sheet ton of stock so I wouldn't be holding options during market close. Dumped it all after the UAL earnings. Would have been catastrophic had I not done that.
AAL earnings were actually really good. Stock down almost 10%. The whole airline industry is stuck with not being able to get planes or pilots to grow.
I'm really not sure which direction this market is headed. SPY 410 or will FED meeting spark a big sell off?
Stocks have recovered really nicely and we are in that window where the consumer can try and save the economy but nothing has really changed. If the consumer is buying everything they can then inflation isn't going to go down and the fed will have to keep tightening.