Money Investing megathread extravaganza - Page 183

**DaFace** · 06:35 PM

A place to talk about investing stuff.

**Buehler445** · 03-11-2019, 11:57 PM

Quote:

Originally Posted by Munson

I'm worried about companies around the world grounding their fleets of 737 Max 8's, or maybe even cancelling orders.

Dianne Feinstein is calling for the FAA to ground all 737 Max 8's in the U.S.

https://finance.yahoo.com/news/u-sen...222318008.html

Really? I don’t think there is the airline capacity on the planet to press pause on every 747 in service.

**Munson** · 03-12-2019, 07:04 AM

Quote:

Originally Posted by Buehler445

Really? I don’t think there is the airline capacity on the planet to press pause on every 747 in service.

True, but some countries are starting to ground 737's as a result of Saturdays plane crash.

https://finance.yahoo.com/news/boein...125507925.html

Quote:

Boeing shares dip again as 737 MAX groundings spread

(Reuters) - Boeing Co's shares fell more than 3 percent on Tuesday as more countries grounded the planemaker's 737 MAX 8 aircraft amid heightened anxiety among travelers about the safety of the plane.

Malaysia, Singapore and Australia became the latest nations to ground Boeing's best-selling line of jets, one of which also crashed in Indonesia in October.

DZ Bank became the first brokerage in nearly two years to place a "sell" rating on the stock, while setting a price target of $333 - the lowest on Wall Street.

The stock was trading at $385 before the opening bell. If Tuesday's losses, following a 5 percent fall on Monday, stick through regular trading hours, the company would have lost more than $21 billion in market value in two days.

"News that could really harm Boeing could affect markets," said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.

"On whether Boeing is responsible in some way or if there is a problem in its aircraft is something investors are still trying to digest."

The United States will mandate that Boeing implement design changes by April, but said the plane was airworthy and did not need to be grounded.

Safety experts say it is too early to speculate on what caused Sunday's crash and black box recorders were yet to yield the cause.

Amnorix · 03-12-2019, 07:30 AM

Quote:

Originally Posted by Rain Man

I don't mean to profit from tragedy, but I added a little to my position today. They'll fix the problem and things will return to the status quo.

I was thinking of doing the same, but it's tough to get excited about buying it at $400 when it was at about $300 as recently as December.

That stock has really taken off -- har har -- it was was barely over $100 in 2016.

**lewdog** · 03-12-2019, 08:51 AM

Bought T stock last Wednesday at 29.95 when it dropped and showed support near this level.

Sold today at 30.75 on an opening spike.

2.5% profit in 5 days. Not bad. Been reading about technical analysis of the financial markets by John Murray. Lots of good information and techniques to use for long term investing and short term trading.

**Buehler445** · 03-12-2019, 09:18 AM

Quote:

Originally Posted by lewdog

Bought T stock last Wednesday at 29.95 when it dropped and showed support near this level.

Sold today at 37.75 on an opening spike.

2.5% profit in 5 days. Not bad. Been reading about technical analysis of the financial markets by John Murray. Lots of good information and techniques to use for long term investing and short term trading.

This one?

Discuss Thrower · 03-12-2019, 09:23 AM

Quote:

Originally Posted by lewdog

Bought T stock last Wednesday at 29.95 when it dropped and showed support near this level.

Sold today at 37.75 on an opening spike.

2.5% profit in 5 days. Not bad. Been reading about technical analysis of the financial markets by John Murray. Lots of good information and techniques to use for long term investing and short term trading.

3.44% annualized return.

Shit's weak.

Git gud.

**lewdog** · 03-12-2019, 09:42 AM

Quote:

Originally Posted by Buehler445

This one?

Yes. Very surprised at how easy it is to read. Great book.

Quote:

Originally Posted by Discuss Thrower

3.44% annualized return.

Shit's weak.

Git gud.

WTF you talking about.

**DaFace** · 03-12-2019, 10:08 AM

Quote:

Originally Posted by Buehler445

Really? I don’t think there is the airline capacity on the planet to press pause on every 747 in service.

Not sure if you mistyped, but the 747 isn't affected. It's just the 737 MAX (specifically), which is relatively new and is in fairly limited use. It'd have an impact for sure, but it's not like Southwest's fleet of 737's would be entirely grounded or anything. Here's a list of 737 MAX deliveries by airline, and here's a more succinct summary from USA Today:

Quote:

4. A grounding would not cripple Southwest, American or United's operations, throwing the air travel system into chaos. The Max 8 may be Boeing's best-selling plane but it represents a small percentage of the fleets of Southwest and American. Southwest has 34 Max 8s in its fleet of more than 750 aircraft. American has 24 in its fleet of nearly 1,000 mainline aircraft. United has 14 Max 9s in its fleet of 779 mainline aircraft.

Discuss Thrower · 03-12-2019, 10:21 AM

Quote:

Originally Posted by lewdog

Yes. Very surprised at how easy it is to read. Great book.

WTF you talking about.

I ****ed up on the napkin math there.

Should have been [ (1+.025) ^ 1/.02 - 1 ] = 244% annualized return.

U gud fam I bad at maff.

Discuss Thrower · 03-12-2019, 10:27 AM

Jesus Christ BA $400 calls for Apr 26 are going for $1,005 per contract.

**Munson** · 03-12-2019, 10:31 AM

Quote:

Originally Posted by Discuss Thrower

Jesus Christ BA $400 calls for Apr 26 are going for $1,005 per contract.

Can you explain this for those of us who don't know shit about options?

Discuss Thrower · 03-12-2019, 10:38 AM

Quote:

Originally Posted by Munson

Can you explain this for those of us who don't know shit about options?

The right but not the OBLIGATION to buy 100 shares of Boeing at $400 per share on or before April 26, 2019 will cost you $1,005.

**Rain Man** · 03-12-2019, 10:57 AM

Quote:

Originally Posted by Discuss Thrower

Jesus Christ BA $400 calls for Apr 26 are going for $1,005 per contract.

I don't do options, but presumably that means that people are very bullish on the price, right?

Discuss Thrower · 03-12-2019, 11:05 AM

Quote:

Originally Posted by Rain Man

I don't do options, but presumably that means that people are very bullish on the price, right?

That might be a bit simplistic.

Options price tells you more about the value investors place on risk management moreso than how they value they have placed underlying stock itself.

**Buehler445** · 03-12-2019, 11:41 AM

Quote:

Originally Posted by DaFace

Not sure if you mistyped, but the 747 isn't affected. It's just the 737 MAX (specifically), which is relatively new and is in fairly limited use. It'd have an impact for sure, but it's not like Southwest's fleet of 737's would be entirely grounded or anything. Here's a list of 737 MAX deliveries by airline, and here's a more succinct summary from USA Today:

Nope. Misread. Because I'm a moron. yeah, I'm guessing those bitches get grounded. Might get ugly.

Quote:

Originally Posted by Rain Man

I don't do options, but presumably that means that people are very bullish on the price, right?

I'm a million miles from an option guy, but if I were trying to trade them I wouldn't conclude that. I'd conclude that:

1. They're out of the money by $30.

and

2. There is volatility.

That would be the end of what I would want to conclude from that tidbit.

06-27-2016, 11:23 AM
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03-12-2019, 08:51 AM	#2734
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-78100	Bought T stock last Wednesday at 29.95 when it dropped and showed support near this level. Sold today at 30.75 on an opening spike. 2.5% profit in 5 days. Not bad. Been reading about technical analysis of the financial markets by John Murray. Lots of good information and techniques to use for long term investing and short term trading. __________________ 2024 Royals game thread record 3-0 Last edited by lewdog; 03-12-2019 at 09:40 AM..
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03-12-2019, 10:27 AM	#2740
Discuss Thrower "You like to drink?" Join Date: Jun 2006 Location: "I like to drink." Casino cash: $1246869	Jesus Christ BA $400 calls for Apr 26 are going for $1,005 per contract. __________________ Chiefs 2016 Opponents: Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT Chiefs 2017 Opponents: Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South
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