The Investment Thread (13 Viewers)

[St. Geezy]

Yep yep yep. I think that Fidelity isn’t as nice as we think. I’m pulling a lot of my shares out of FUDelity and into ComputerShare. They are starting to kick and scream about that lately.

There have been far too many instances where I see "Transfer to Fidelity" spammed all over social media at certain moments for me to not believe that it wasn't a hedge fund-centric marketing campaign.

 

[bclemms]

Dumped my leveraged oil ETF at the bell for a quick 4%. Grabbed a TSLA put at $700. If this mornings small rally fades then I fully expect things to be really ugly the next two weeks.

 

[Mr. Blue Sky]

Dumped my leveraged oil ETF at the bell for a quick 4%. Grabbed a TSLA put at $700. If this mornings small rally fades then I fully expect things to be really ugly the next two weeks.

Ive already lost over $500 on TSLA this morning, and the market hasn’t even been open for half an hour .

 

[bclemms]

Ive already lost over $500 on TSLA this morning, and the market hasn’t even been open for half an hour .

If you are unhappy with results just wait 5 minutes.

I don't think that option will get hit, just liked my risk/reward ratio. I still think the market will recover and run some more, just the risk of the bottom falling out is strong right now. If we see a continuation of the economy slowing then it's going to tank but I don't see that happening either. Too much frenzy buying going on right now both in the markets and by consumers in the economy.

 

[Mr. Blue Sky]

If you are unhappy with results just wait 5 minutes.

Truest statement in this thread .

 

[Saint_Ward]

I wasn't sure about it on Friday, but I doubled my position in AAL. I got caught up in the flights returning this summer, that I've been in the red with American since Delta reared it's head.

Today's 11% bounce helps fill most of that hole. They're still trading low.

Was deciding between them and carnival. Looks like either would have been good today.

 

[DaveXA]

I'm probably wrong, but this just feels like a dead cat bounce to me.

 

[bclemms]

I'm probably wrong, but this just feels like a dead cat bounce to me.

I don't know, the rotation towards risk seems to indicate a lot of confidence. We'll see.

 

[Mr. Blue Sky]

I'm probably wrong, but this just feels like a dead cat bounce to me.

Let’s be honest, you dont know, you just wanted to use the phrase ‘dead cat bounce.’

 

[DaveXA]

Let’s be honest, you dont know, you just wanted to use the phrase ‘dead cat bounce.’

Guilty...

 

[DaveXA]

I don't know, the rotation towards risk seems to indicate a lot of confidence. We'll see.

True, I do think this confidence is vulnerable to headline risk though. Whether it's another Covid shoe dropping or greater inflation/interest rate fears or something else, I just think that any of those can have an outsized effect on that confidence.

 

[Turfie]

I love the trolling

 

[Saint_Ward]

I'm probably wrong, but this just feels like a dead cat bounce to me.

Could be. Or could be a realization that omicron panic was potentially over blown.

 

[DaveXA]

Could be. Or could be a realization that omicron panic was potentially over blown.

Sure, but that just goes to show that headline risk is real.

 

[Turfie]

Sure, but that just goes to show that headline risk is real.

We still got Russia tension and the debt ceiling coming up for the market to “suddenly” react too whenever those headlines get blasted.