The Investment Thread (4 Viewers)

[Turfie]

I have seen that before. March 10 2021. Hmmmm

 

[Turfie]

Today is the day. May the forth be with us.

 

[bclemms]

When the market opens I’m buying some calls and puts that expire Friday well out of the money for pennies. If Fed comes out and scares the markets into a sell off the puts hit. If Fed comes out and presents a slower tightening plan markets will soar. Even if Fed comes out and raises .50 and starts to reduce balance sheet like everyone is expecting then the market is likely to react violently one way or the other. Basically I’m just betting the market isn’t going to stay flat. I’ve been doing these straddles on FED day the past few months and it’s been paying out big.

 

[St. Geezy]

SOFI putting together a little rally following this news drop:

 

[SaintInBucLand]

Powell's comments on inflation saying it surprised them... Only you Fed, only you.

 

[St. Geezy]

 

[St. Geezy]

How does a stock with a float of 125k have 145m shares traded in a day??? https://finance.yahoo.com/quote/RVSN/history?p=RVSN

 

[Turfie]

How does a stock with a float of 125k have 145m shares traded in a day??? https://finance.yahoo.com/quote/RVSN/history?p=RVSN

You know exactly what the secret ingredient is. CRIME

 

[Swamprat]

That’s one serious game of hot potato..

 

[Saint_Ward]

So, how is the market going to react tomorrow? Today was pretty much up.. but...

 

[Turfie]

Burry tweet. He thinks these are all dead cat bounces.

I’m not sure what to expect moving forward. I wouldnt mind if a new stock market opened up. One that used blockchain technology to enable instant and credible trades. All while demonstrating a ton of transparency.

 

[B4YOU]

Anyone out here buying I-bonds? They are exempt from state taxes and I’m seeing 7.12% rate. That rate is expected to rise to between 8.5 and 9.6% next month. It seems like a reasonable place to park 10k with the early withdrawal penalty being only 3 months of lost interest. That’s still a 7.2% return after 1 year if 9.6% next month.

I-bonds are now 9.62%.

Individual - Series I Savings Bonds Rates & Terms: Calculating Interest Rates

 

[St. Geezy]

HYMC is off to the races again after a good earnings AH yesterday. It'll be interesting to see where this one tops out at.

AMC, the company, owns a significant stake in HYMC (23.4 million shares), so this will also improve the bottom line for them as well if this run persists.

 

[St. Geezy]

Similar to HYMC, MULN is another one of these high short utilization stocks that is now sort of laying in the weeds, AND is on the threshold list.

I may take a small position in it, but want to do some more research first.

 

[Turfie]

Some big fat red candles this morning. Bought the dip. But missed out on the dippidy dip that immediately followed.

I may catch the dip of all dips later.