The Investment Thread (2 Viewers)

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Well I had straddles either way on Netflix.. Be interesting where the market decides to go in the after hours plus pre market tomorrow. The initial pop wasn't too high, but overall it really wasn't good at all. Their projected numbers don't look good either. Just a wait and see how the market digests it.
 
SaintInBucLand said:
Don't want to wait and see what Netflix and Tesla earnings do to market? Plus we have GDP numbers coming.

Was more easy money today scalping at levels as they broke them. The algos will do that for you on days like this prior to earnings.

Could be a massive rug pull tomorrow.
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I was straddled on Netflix and Tesla.

Economy is cranking. Gas came down a little and now it feels like it roaring.

We are in that window where it appears inflation has peaked and the consumer is going to power through. We are going to see inflation come down next month but the Fed is going to have to really crank.
 
I am wondering why Rivian(RIVN) didn't bounce with the rest of the market. Both Tech and Automakers did well along with the market. Something going on behind the scenes at Rivian that has investors worried? I know they technically haven't made a dime yet, but when the entire market was green it's not a good look when you are red for the day and it wasn't from earnings or any kind of guidance.
 
Checked ComputerShare. I’m green at the moment with GME. Looks like my CB is 140 or so.
 
TBLT has had 138 million shares traded in the last 8 days.

The total number of outstanding shares (reported by Yahoo) is 2.1 million.
 
Opened long positions on Intel, Nvidia, and AMD this week. Nancy and her hubby have invested heavy, best to follow the top trader in Congress lol.

In my group of trading/options friends, we have a pet name for Nvidia, it's Nancy.
 
SaintInBucLand said:
Opened long positions on Intel, Nvidia, and AMD this week. Nancy and her hubby have invested heavy, best to follow the top trader in Congress lol.

In my group of trading/options friends, we have a pet name for Nvidia, it's Nancy.
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I saw this a couple days ago. I don't do calls and all that, how long are they usually good for? But he exercised it on the last day.

Nvidia (NVDA)​

As a leading manufacturer of graphics cards, Nvidia shares have had a solid bull run over the past decade. But that rally came to an abrupt stop towards the end of 2021. In 2022, the stock has fallen about 47%.

Nvidia’s plunge is substantial even when compared to other beaten-down stocks in the semiconductor sector.

The business, though, is doing well, making the stock a particularly intriguing contrarian idea. The chipmaker generated $8.29 billion of revenue in its fiscal Q1.

On June 17, Paul Pelosi exercised 200 call options on Nvidia (that were expiring on June 17) at a strike price of $100, valued at between $1 million and $5 million.

The transaction comes at an interesting time. The Senate is expected to vote on a bipartisan competition bill that includes a $52 billion subsidy for domestic chipmakers. Voting could begin as early as Tuesday.
 
SaintInBucLand said:
Opened long positions on Intel, Nvidia, and AMD this week. Nancy and her hubby have invested heavy, best to follow the top trader in Congress lol.

In my group of trading/options friends, we have a pet name for Nvidia, it's Nancy.
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I had actually bought Nvidia back when it hit $149. It was one of my few direct stock purchases (instead of my preferred funds). It finally hit a PE ratio that seemed to a good value, and it has very good long term prospects.
 
UncleTrvlingJim said:
I had actually bought Nvidia back when it hit $149. It was one of my few direct stock purchases (instead of my preferred funds). It finally hit a PE ratio that seemed to a good value, and it has very good long term prospects.
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Agree, plus with the backing of the CHIPS legislation it becomes a no brainer. I'm in both long options and equities in both Nvidia and AMD.
 
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.
 
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Stair stepping and scalping today taking 10-20% per step. Now that the market has picked a direction has been easy. Earlier was a mess. Baring any news that throws things off. All the solid companies trading nicely above VWAP.
 
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Green. Woohoo

Looks like it was in response to a new SEC filing. Someone bought 4.5 million shares and just reported it
 
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