agip wrote:
Mouth Breather wrote:
?
That said, a market with valuations barely over 25 year averages is in no way 'the most unfavorable market valuation/structure in history."
You’re on fire today, my friend.
agip wrote:
Mouth Breather wrote:
?
That said, a market with valuations barely over 25 year averages is in no way 'the most unfavorable market valuation/structure in history."
You’re on fire today, my friend.
Mouth Breather wrote:
agip wrote:
That said, a market with valuations barely over 25 year averages is in no way 'the most unfavorable market valuation/structure in history."
You’re on fire today, my friend.
'on fire' as in 'you are flaming out and heading for a crash'
or
'on fire' as in 'en fuego mi hermano!' or 'man, you are making some incisive commentary today, guy named after an Italian petro company!'
The latter.
Well, I just sold the stuff I bought at open, 50/50 GDX and GDXJ, made a little bit. Was going to hold it longer but I think there are better buying opportunities coming today.
I will be buying tobacco today with the proceeds. Tobacco has gotten unfairly hammered recently.
B&H still positive for the year, even though I bought it a bit late.
I’m still holding that AAPL I bought just under 190, not looking good.
Will have to hold it longer and suffer watching, down something like 11%, lots of loss to make up
Maserati wrote:
Well, I just sold the stuff I bought at open, 50/50 GDX and GDXJ, made a little bit. Was going to hold it longer but I think there are better buying opportunities coming today.
I will be buying tobacco today with the proceeds. Tobacco has gotten unfairly hammered recently.
B&H still positive for the year, even though I bought it a bit late.
Gold? Not really any inflation pressures to make gold go up in my opinion. AAPL is a good buy here though. I'd save money to average down.
I'm probably going to go long on futures. Also shorting Nikkei futures is basically guaranteed money right now. They react hard to red days like this. I'm betting they'll be down 3%
Gold is about perceived instability also. China + Iran = gold winner today.
I agree about AAPL, bit I will wait to see where it goes. It has taken a big biff today
Racket wrote:
Maserati wrote:
Well, I just sold the stuff I bought at open, 50/50 GDX and GDXJ, made a little bit. Was going to hold it longer but I think there are better buying opportunities coming today.
I will be buying tobacco today with the proceeds. Tobacco has gotten unfairly hammered recently.
B&H still positive for the year, even though I bought it a bit late.
Gold? Not really any inflation pressures to make gold go up in my opinion. AAPL is a good buy here though. I'd save money to average down.
gold is really more a risk hedge than an inflation hedge. It may track inflation over decades, but certainly not over months or years. It also will be helped by lower interest rates, which we have now. lower storage costs, lower dollar.
So Trump is gonna bailout farmers again. Nothing against farmers and the 'ol American heartland, but at this point their jobs are basically just charity.
Anyone *not* think this market will fall back through the 200 day again? it's only 1-2% away now. The recent pattern has been to slice through it like butter and then rebound strongly. Whipsawing the people who sell automatically at 200 day violations.
My Uber trade lives. I'm basically even on it, after someone seems to have backed up the truck at the close, rocketing the thing up a percent or so.
agip wrote:
Anyone *not* think this market will fall back through the 200 day again? it's only 1-2% away now. The recent pattern has been to slice through it like butter and then rebound strongly. Whipsawing the people who sell automatically at 200 day violations.
My Uber trade lives. I'm basically even on it, after someone seems to have backed up the truck at the close, rocketing the thing up a percent or so.
Couldn't pass up that TDAmeritrade deal agip ?
https://pbs.twimg.com/media/D6dp1sCU0AErXM3.jpgla gente ésta muy loca wrote:
agip wrote:
Anyone *not* think this market will fall back through the 200 day again? it's only 1-2% away now. The recent pattern has been to slice through it like butter and then rebound strongly. Whipsawing the people who sell automatically at 200 day violations.
My Uber trade lives. I'm basically even on it, after someone seems to have backed up the truck at the close, rocketing the thing up a percent or so.
Couldn't pass up that TDAmeritrade deal agip ?
https://pbs.twimg.com/media/D6dp1sCU0AErXM3.jpg
You know it. $4 buys me, hook line and sinker.
All eight indexes on our world watch list posted gains through May 13, 2019. The top performer is the Shanghai SSE with a 17.78% gain and in second is Hong Kong's Hang Seng with a gain of 13.61%. In third is France's CAC40 with a gain of 12.22%. Coming in last is India's BSE SENSEX with a gain of 3.34%.
agip wrote:
la gente ésta muy loca wrote:
Couldn't pass up that TDAmeritrade deal agip ?
https://pbs.twimg.com/media/D6dp1sCU0AErXM3.jpgYou know it. $4 buys me, hook line and sinker.
I'm up $21 on my uber Uber day trade.
Gonna order a drink with my burger today with my winnings. I'm usually a free water guy.
Current plan is to sell if I'm up $50.
nah wrote:
mister wrote:
The market can't put itself in a downward spiral even when tries hard.
True
Lol free water guy, me too!
You have me thinking about burgers now. Still doing the flooring, wife is an architect and of course it has to be perfect. She left me rice and beans to eat, but I’ craving some saturated animal fat.
I’m breaking my back and she leaves me beans!!!
Not paying any attention to markets today, it’s nice.
Hey Racket did you short the Nikkei?
And what vehicle? Some ETF like EWV?
Maserati wrote:
Hey Racket did you short the Nikkei?
No I didn't, I forgot to set it up in time but it looks like they had a not terrible day. I short it through futures. They're cash settled in like Singapore or something weird like that but it's been lucrative for me before. Oil is at an equilibrium right now so I'd like to get into something but I haven't done research lately. I'll probably just wait for next earnings season. Summer tends to be boring anyways
aaaaaand I'm out of Uber.
in at 37.33
out at 39.56
26 shares, profit of around $50 after commissions. I rock.
Daddy gets a new pair of shoes.
agip wrote:
aaaaaand I'm out of Uber.
in at 37.33
out at 39.56
26 shares, profit of around $50 after commissions. I rock.
Daddy gets a new pair of shoes.
Where are we going, Shake Shack or Bareburger ?