Money Investing megathread extravaganza - Page 863

**DaFace** · 06:35 PM

A place to talk about investing stuff.

**Buehler445** · 05-26-2022, 06:06 PM

Quote:

Originally Posted by ChiliConCarnage

That's the highest the 30 year mortgage rate has been since the GFC. In a matter of a few months from the lowest it'd ever been. It's higher than we got in the 2018 tightening cycle where they took FFR to 2.75%(?) - not sure on the exact number.

I think the Feds rhetoric is definitely slowing demand and, sadly, I think if you flip that chart upside down it's my stock portfolio. Psychology is important for both the economy and stock market and I'm seeing recession references a lot of late. Nobody likes losing wealth

I did get a .10% boost to my savings account though! hooray

LOL.

I had to go to the bank to ask my banker about some equipment notes I was thinking about doing. I told him I got my notice of the .5% rate hike in my LOC and asked when I was getting the corresponding one for my savings (LOC balance: 0, Savings account balance, >0), I like to watch him squirm.

**lewdog** · 05-26-2022, 07:42 PM

I moved 25% of my cash position in a rollover IRA into long positions today for VOO and VXF.

scho63 · 05-27-2022, 02:01 PM

Quote:

Originally Posted by wheeler08

I’ve got $20k to reinvest. Is Amazon a buy before the split?

I hope you didn't pull the trigger.

ChiliConCarnage · 05-27-2022, 02:13 PM

We actually ran up into the close of a long weekend.

Pretty nice day!

JohnnyHammersticks · 05-27-2022, 02:14 PM

Wild day. Got my ass kicked right from the opening bell on BITO $19 calls and lost $1800, but made $1950 scalping BKSY and AVDL all day. Finished up $100 on the day, lol.

Could've been such an awesome day without those BITO calls and if I had held my original position on AVDL. Had 5k at $1.53 on the first dip after open, didn't like how the level 2 looked and sold at $1.55 for $100. Then watched it go over a dollar higher than where I sold. Turned a $5,000 trade into a $100 trade, something I seem to be very good at doing.

**lewdog** · 05-28-2022, 08:47 AM

Quote:

Originally Posted by JohnnyHammersticks

Wild day. Got my ass kicked right from the opening bell on BITO $19 calls and lost $1800, but made $1950 scalping BKSY and AVDL all day. Finished up $100 on the day, lol.

Could've been such an awesome day without those BITO calls and if I had held my original position on AVDL. Had 5k at $1.53 on the first dip after open, didn't like how the level 2 looked and sold at $1.55 for $100. Then watched it go over a dollar higher than where I sold. Turned a $5,000 trade into a $100 trade, something I seem to be very good at doing.

Stock trading really is one of the biggest mind ****s out there. It takes discipline to not give up green trades in hopes of achieving more but at the same time letting good trades run without closing prematurely.

**petegz28** · 06-01-2022, 08:26 AM

Okay so the headlines today are a good example of how ****ing stupid people on Wall St. can be.....

Couple of months ago:

Market falls on inflation fears, economy growing too fast and Fed is not keeping up..

Today:

Market falls on fears of weak economic growth

wheeler08 · 06-03-2022, 05:21 AM

Quote:

Originally Posted by scho63

I hope you didn't pull the trigger.

Why??

**lewdog** · 06-04-2022, 08:40 PM

Only for entertainment value, and it's certainly not an exhaustive list.

Berkeley Lights -96%
CytoDyn -95%
Stitch Fix -93%
Carvana -93%
Peleton -92%
Nikola -91%
Compugen -91%
Tusimple -91%
Redfin -90%
Beyond Meat -90%
Teladoc -90%
Pacific Biosciences -89%
2U -89%
Tencent -88%
Oatly -88%
Robinhood -87%
RingCentral -87%
Wayfair -87%
AMC -86%
Snap -85%
Rivian -85%
Goodrx -84%
Carnival -84%
Ginkgo Bioworks -84%
Roku -84%
Coinbase -83%
Zoom -83%
Unity Software -83%
Twist Bioscience -82%
Bed Bath Beyond -82%
Fate Therapeutics -82%
Shopify -82%
UiPath -82%
DraftKings -81%
Zillow -81%
Roblox -81%
Materialise -81%
Pinterest -80%
Chewy -80%

This is why it's dangerous to buy a stock that's falling. What looked like a cheap stock at 20% down, was just a falling knife you bought. And this was with the market only losing about 20%.

Hog's Gone Fishin · 06-05-2022, 08:33 AM

Quote:

Originally Posted by lewdog

Only for entertainment value, and it's certainly not an exhaustive list.

Berkeley Lights -96%
CytoDyn -95%
Stitch Fix -93%
Carvana -93%
Peleton -92%
Nikola -91%
Compugen -91%
Tusimple -91%
Redfin -90%
Beyond Meat -90%
Teladoc -90%
Pacific Biosciences -89%
2U -89%
Tencent -88%
Oatly -88%
Robinhood -87%
RingCentral -87%
Wayfair -87%
AMC -86%
Snap -85%
Rivian -85%
Goodrx -84%
Carnival -84%
Ginkgo Bioworks -84%
Roku -84%
Coinbase -83%
Zoom -83%
Unity Software -83%
Twist Bioscience -82%
Bed Bath Beyond -82%
Fate Therapeutics -82%
Shopify -82%
UiPath -82%
DraftKings -81%
Zillow -81%
Roblox -81%
Materialise -81%
Pinterest -80%
Chewy -80%

This is why it's dangerous to buy a stock that's falling. What looked like a cheap stock at 20% down, was just a falling knife you bought. And this was with the market only losing about 20%.

Damn Lewdog , Your portfolio is looking rough.

Hog's Gone Fishin · 06-05-2022, 08:38 AM

Anybody think AMZN will be a good swing in the morning.

Looks to open at 122.35

scho63 · 06-06-2022, 08:33 AM

I think this is a suckers rally

neech · 06-06-2022, 08:40 AM

Quote:

Originally Posted by scho63

I think this is a suckers rally

I don't trust the market one iota. Gas prices keep trending upwards and taking inflation with it I don't see that changing anytime soon.

scho63 · 06-06-2022, 08:51 AM

The 10 year Treasury is back above 3% and climbing. All this news about gas supplies improving isn't doing much to drop gas or oil.

scho63 · 06-06-2022, 12:55 PM

The S&P has held 4117 about 6 times today - hanging on for dear life

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $66899	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 52,545

05-26-2022, 07:42 PM	#12932
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-28100	I moved 25% of my cash position in a rollover IRA into long positions today for VOO and VXF.
Posts: 46,148	1 0

05-27-2022, 02:13 PM	#12934
ChiliConCarnage TACO SALAD Join Date: Apr 2008 Location: yes Casino cash: $-151532	We actually ran up into the close of a long weekend. Pretty nice day!
Posts: 6,474

05-27-2022, 02:14 PM	#12935
JohnnyHammersticks MVP Join Date: Oct 2011 Location: Chandler AZ Casino cash: $1301004	Wild day. Got my ass kicked right from the opening bell on BITO $19 calls and lost $1800, but made $1950 scalping BKSY and AVDL all day. Finished up $100 on the day, lol. Could've been such an awesome day without those BITO calls and if I had held my original position on AVDL. Had 5k at $1.53 on the first dip after open, didn't like how the level 2 looked and sold at $1.55 for $100. Then watched it go over a dollar higher than where I sold. Turned a $5,000 trade into a $100 trade, something I seem to be very good at doing.
Posts: 13,767	2 0

06-01-2022, 08:26 AM	#12937
petegz28 Supporter Join Date: Feb 2005 Location: Olathe, Ks Casino cash: $834127	Okay so the headlines today are a good example of how ****ing stupid people on Wall St. can be..... Couple of months ago: Market falls on inflation fears, economy growing too fast and Fed is not keeping up.. Today: Market falls on fears of weak economic growth
Posts: 130,088

06-04-2022, 08:40 PM	#12939
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-28100	Only for entertainment value, and it's certainly not an exhaustive list. Berkeley Lights -96% CytoDyn -95% Stitch Fix -93% Carvana -93% Peleton -92% Nikola -91% Compugen -91% Tusimple -91% Redfin -90% Beyond Meat -90% Teladoc -90% Pacific Biosciences -89% 2U -89% Tencent -88% Oatly -88% Robinhood -87% RingCentral -87% Wayfair -87% AMC -86% Snap -85% Rivian -85% Goodrx -84% Carnival -84% Ginkgo Bioworks -84% Roku -84% Coinbase -83% Zoom -83% Unity Software -83% Twist Bioscience -82% Bed Bath Beyond -82% Fate Therapeutics -82% Shopify -82% UiPath -82% DraftKings -81% Zillow -81% Roblox -81% Materialise -81% Pinterest -80% Chewy -80% This is why it's dangerous to buy a stock that's falling. What looked like a cheap stock at 20% down, was just a falling knife you bought. And this was with the market only losing about 20%.
Posts: 46,148	1 0

06-05-2022, 08:38 AM	#12941
Hog's Gone Fishin Fish are scared of me Join Date: Nov 2001 Casino cash: $-129523	Anybody think AMZN will be a good swing in the morning. Looks to open at 122.35
Posts: 40,647	0 1

06-06-2022, 08:33 AM	#12942
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $811110	I think this is a suckers rally __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
Posts: 52,899	1 0

06-06-2022, 08:51 AM	#12944
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $811110	The 10 year Treasury is back above 3% and climbing. All this news about gas supplies improving isn't doing much to drop gas or oil. __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
Posts: 52,899

06-06-2022, 12:55 PM	#12945
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $811110	The S&P has held 4117 about 6 times today - hanging on for dear life __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
Posts: 52,899