The Investment Thread (7 Viewers)

[bclemms]

Here is chart that shows covid crash (black), where the FED stepped in with by far the biggest money bomb in history (green). Red is where they announced they would begin tightening.



Historically, it's been a big trigger point for markets to sell off. Historically, some of the longest bull markets in history start after that fall but it tends to be a lot more gradual than what we have seen the last 18 months.

 

[efil4stnias]

A favorite of mine is trading at a really nice discount- WYNN.

Just picked up 150 shares.

 

[superchuck500]

A favorite of mine is treading at a really nice discount- WYNN.

Just picked up 150 shares.

I added another 150 of CCL when it went below $18. That one is just obvious to me - we don't know the timeline but people are going to go back to cruising.

 

[Turfie]

At this point my wife will kill me if I bought another GME. Going to clean the house. And then buy another.

 

[efil4stnias]

I added another 150 of CCL when it went below $18. That one is just obvious to me - we don't know the timeline but people are going to go back to cruising.

WYNN will accept crypto at some point as form of payment.

Crypto has to be a casinos wet dream....no actual physical money has to be exchanged for chips/tokens.

 

[St. Geezy]

At this point my wife will kill me if I bought another GME. Going to clean the house. And then buy another.

I would say right now, far-dated calls on just about any security that's gone through the type of dips we have seen are easy money.

 

[LonghornSaint]

Thinking about setting up an acct with Voyager for crypto. Any thoughts on that one vs Coinbase?

 

[mc4saints]

I added another 150 of CCL when it went below $18. That one is just obvious to me - we don't know the timeline but people are going to go back to cruising.

I am tempted by CCL but doesn't their books look awful? Debt load?

 

[El Caliente]

Happy 20th Anniversary to Enron going bankrupt.

 

[Turfie]

 

[Turfie]

I would say right now, far-dated calls on just about any security that's gone through the type of dips we have seen are easy money.

On Fidelity I went through with an application to do options. But I couldn’t do calls. I will call tomorrow.

If they crash the price to 150 after earnings next week then I would look into a January 2023 250 type of call. Probably just one contract.

 

[St. Geezy]

On Fidelity I went through with an application to do options. But I couldn’t do calls. I will call tomorrow.

If they crash the price to 150 after earnings next week then I would look into a January 2023 250 type of call. Probably just one contract.

Yeah that GME I.V. has its contract prices off the charts.

 

[bclemms]

Stocks are on sale again today. SP 4530 and 4511 are key support levels.

 

[bclemms]

Just grabbed some 3x small caps and 2x oil etf's. Felt like a double bottom and bounce. Got tight stop points just in case.

 

[Turfie]

At this point my wife will kill me if I bought another GME. Going to clean the house. And then buy another.

House cleaned. Dishes done.