Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

**trobin31** · 06-05-20, 09:24 AM

Industrials, finance and Energies all running today

**trobin31** · 06-05-20, 09:32 AM

Current orders for day trading CJJD @1.51 & XSPA @2.55

**Slurry Pumper** · 06-05-20, 10:03 AM

I'm putting my toes in the water and shorting NFLX here for a few shares (10) at the $415.01 level.

**Snowball** · 06-05-20, 10:13 AM

MSN

https://www.msn.com/en-us/news/opinion/ignore-paul-krugmans-conspiracy-theory-that-trump-manipulated-jobs-report/ar-BB155AlD

Validity of Trump's job numbers are questionable.

Anyway so much has run up, it's been a frenzy. I was looking to buy some cheapies but won't now.
I went ahead and got PENN puts and F puts. Nothing huge, just really think the charts are unsustainable.
I believe in a bull market but don't feel comfortable getting long anymore yet.

**milwaukee mike** · 06-05-20, 10:18 AM

Originally posted by Snowball

https://www.msn.com/en-us/news/opini...rt/ar-BB155AlD

Validity of Trump's job numbers are questionable.

Anyway so much has run up, it's been a frenzy. I was looking to buy some cheapies but won't now.
I went ahead and got PENN puts and F puts. Nothing huge, just really think the charts are unsustainable.
I believe in a bull market but don't feel comfortable getting long anymore yet.

i would still rather sell puts on penn than buy them... almost every regional casino that has opened has numbers HIGHER than last year... horse track handles are through the roof too

at $40 this morning the stock seemed pricey but i would buy some more at 25-30

**navyblue81** · 06-05-20, 10:22 AM

Originally posted by trobin31

Current orders for day trading CJJD @1.51 & XSPA @2.55

I bought at 2.50 and it's just not going anywhere. I put the navy curse on it, I guess. Want to get a little profit out of it and waiting for it to get back in the 2.60s, but it just seems stalled. Just my luck.

But everything has come down pretty much over the last hour, not just XSPA. All early gains are gone.

**milwaukee mike** · 06-05-20, 10:25 AM

big short squeeze going on in pei

half the stock is shorted... the preferreds pay 30% dividends if anyone is interested, i think that is still the way to play it

**jm8122** · 06-05-20, 10:26 AM

Airline stocks has been blowing up lately specifically AA and United

**KnuckleHeadz** · 06-05-20, 10:28 AM

Originally posted by navyblue81

Everything coming down from pre-market. I'm holding and waiting for the turn.

MPC continues to gain ground. We got one of our major units back on line after a explosion set us back. We have two major overhauls starting in July that will last towards the end of year so gas prices will soar here in the LA Basin. Because of the pandemic, a fire and a explosion it’s been a tuff year to say the least. With all the overhauls and repairs they have pushed all other outages that were scheduled next year to 2024 so they should be running wide open until then

**navyblue81** · 06-05-20, 10:31 AM

Originally posted by jm8122

Airline stocks has been blowing up lately specifically AA and United

I missed the boat on that although I still think LUV has a good chance to see major gains.

**Slurry Pumper** · 06-05-20, 10:38 AM

I think we see some profit taking today going into the close. This week has been so disjointed from the realities of life in the market. It may be one of the best weeks in terms of gains ever which is amazing since all the cities are burning, half the states are stilled closed for business, real nasty stuff happening in China, and the fact that I ran out of weed. I smell a pull back next week.

**navyblue81** · 06-05-20, 10:39 AM

Xspa going to make me go back to the JW Blue tonight.This is ugly.

**milwaukee mike** · 06-05-20, 10:47 AM

Originally posted by navyblue81

Xspa going to make me go back to the JW Blue tonight.This is ugly.

and gnus now UP on the day, after being halted down at 5

strange things afoot at the circle k

**navyblue81** · 06-05-20, 10:51 AM

Originally posted by milwaukee mike

and gnus now UP on the day, after being halted down at 5

strange things afoot at the circle k

Imagine my reaction when I step away from my desk and see xspa at 2.60 (bought at 2.47) and I earned a few hundred bucks and then come back five minutes later and it’s 2.02.

**SBR_Guest_Pro** · 06-05-20, 10:56 AM

So happy I jumped in Spirit Airlines. Missed it 10 years ago. Not missing it this time. Great return this week

**Goat Milk** · 06-05-20, 11:13 AM

0% chance this is sustainable in the coming weeks

**navyblue81** · 06-05-20, 11:27 AM

Originally posted by Goat Milk

0% chance this is sustainable in the coming weeks

Depends on the stock. With sports opening up, now may be the time to invest in new sportsbook markets. I still like BETZ and GAN to both explode over the course of the next couple months. I think airlines and cruises will go up a bit more. Also, I would keep an eye on vaccines for the COVID-19 for short term plays. I sold Moderna but am ready to jump back on it as I think it will explode very soon, but I think it may drop a little more first. Waiting for it to go down to 55.

Also, really like TTD and NKLA moving forward. I think both have a lot of growth in them. Read some good articles on NKLA and how they want to really rival TESLA. They're a good investment.

**Snowball** · 06-05-20, 12:05 PM

**navyblue81** · 06-05-20, 01:18 PM

Disappointed in xspa but at least got it back to even for me. Ready to buy GCI. Wish I would have yesterday but I still think the company has a lot of growth in it. Peaked at $3.41 earlier today but came down to $2.71 so now I think worth a look. Can see it getting back over 4 in the future. Was at 6 just a few months ago. Just read a few articles on it and seems to be a good buy for a penny stock.

**homie1975** · 06-05-20, 01:21 PM

Originally posted by Goat Milk

0% chance this is sustainable in the coming weeks

China tension and negative news on vaccine trials could derail the market.

right now the story of reopening economy and "getting back to normal life" as much as possible is driving the market up up up

**KVB** · 06-05-20, 01:32 PM

Originally posted by homie1975

China tension and negative news on vaccine trials could derail the market.

right now the story of reopening economy and "getting back to normal life" as much as possible is driving the market up up up

Is it though? I feel like the thoughts of stimulus are really holding things up. This market just seems so technical, not fundamental.

I suppose it's more speculative as well. Volatility down, relative strength is up.

Starting to really look at Tesla thse days. It's expensive but I think they are doing a hell of a lot more than cars and batteries. Not sure of any other way to invest in Space X but the two are interwined.

I think many are things are priced too high, but that doesn't mean they can't stay there. I'm expecting today's gap up in the S&P to be covered on a down day soon enough. It seems like we're right back into the low volitilty trading from before the Kung Flu hit.

Not sure where I'm going from here as we have blown through even micro levels of resistance lines that I've been putting up on my screen.

We need more info on Tesla, just what the fuk are they doing overall in those factories? Anyone know any employees? Though that will only get us so far I suppose.

I want to invest more in space, rocket, satellite, and battery tech. Space X, starlink, etc. can all be "invested in" via TSLA.

I think I want to be long there but want to be familiar enough to swing trade as well.

**milwaukee mike** · 06-05-20, 01:36 PM

Originally posted by Goat Milk

0% chance this is sustainable in the coming weeks

many people said the same thing a few weeks ago, and yet here we are

**navyblue81** · 06-05-20, 01:45 PM

There’s still a lot of great stocks for long term growth. Like I’ve said, I really like the new sportsbooks with new states legalizing gambling. It’s gonna explode. I’m ready on BETZ. Banking on the explosion this summer. Also,
NKLa and TTD should see growth over time.

Slack another company that may have dipped to the point where it’s time to jump back on board.

**KVB** · 06-05-20, 01:56 PM

Originally posted by milwaukee mike

many people said the same thing a few weeks ago, and yet here we are

I suppose the fed picking up corporate debt trumps literally everything here.

There's so much drama around it all. It's amazing we've seen headlines like "oil makes biggest jump in history" or "stock market has best week in 80 years" or today's "unemployment numbers have never seen such a decrease in all of history"

It's all technically true, but it all feels so fake, not genuine in intent. Let's see what a return to volatility brings, if we get one.

**dlowilly** · 06-05-20, 02:01 PM

Another day another 40k

Never seen anything like this in my lifetime, just wish I would have had the guts to invest more.

PLAY being down is a real bummer though

**milwaukee mike** · 06-05-20, 02:27 PM

Originally posted by dlowilly

Another day another 40k

Never seen anything like this in my lifetime, just wish I would have had the guts to invest more.

PLAY being down is a real bummer though

that's because those damn tvs have been off at the milwaukee location! i'll fix that tonight... while i'm drinking coronaritas (hopefully virus free), eating chocolate cake, and watching the fights

**navyblue81** · 06-05-20, 02:32 PM

I’ve had bad luck this week with short term. Keep jumping on them too late and then selling too late. Actually lost a couple grand because of that. Xspa today a perfect example. Caught it at what I thought would be its lowest price and then kept dropping.

**dlowilly** · 06-05-20, 02:33 PM

Originally posted by milwaukee mike

that's because those damn tvs have been off at the milwaukee location! i'll fix that tonight... while i'm drinking coronaritas (hopefully virus free), eating chocolate cake, and watching the fights

Mike I could be mistaken but isn't the UFC tomorrow?

Also, a little tip I picked up at D & B. When playing down the clown, it's much more effective to use a basketball shooting motion than a baseball throw to knock them down. Good Luck!

**KVB** · 06-05-20, 03:03 PM

Originally posted by dlowilly

Mike I could be mistaken but isn't the UFC tomorrow?

Also, a little tip I picked up at D & B. When playing down the clown, it's much more effective to use a basketball shooting motion than a baseball throw to knock them down. Good Luck!

Building out a D & B in my town. Thanks for the tip.

**navyblue81** · 06-05-20, 03:18 PM

Sticking with GCI. Getting some good after hours trading thus far. Bought at 2.70. Up to almost $3.

**KVB** · 06-05-20, 03:47 PM

Originally posted by navyblue81

Disappointed in xspa but at least got it back to even for me. Ready to buy GCI. Wish I would have yesterday but I still think the company has a lot of growth in it. Peaked at $3.41 earlier today but came down to $2.71 so now I think worth a look. Can see it getting back over 4 in the future. Was at 6 just a few months ago. Just read a few articles on it and seems to be a good buy for a penny stock.

What changed with GCI?

It's been on a decline, price wise, since 2015 with a really steady decline since 2018.

This thing is all institutionally owned and a huge volume upswing today. There's a dividend too. Was thinking not a bad time to snatch it up for that.

But why the jump today?

**milwaukee mike** · 06-05-20, 03:48 PM

Originally posted by dlowilly

Mike I could be mistaken but isn't the UFC tomorrow?

Also, a little tip I picked up at D & B. When playing down the clown, it's much more effective to use a basketball shooting motion than a baseball throw to knock them down. Good Luck!

yeah i don't know wtf i was thinking

day drinking isn't always good

my tip on down the clown is work from the top row down... only throw at the bottom row if the others haven't popped up yet... pretty good game to get 500+ tickets on

my main tip is get on the email list, they send $20 for $20 all the time... turn those in any day other than wednesday, and then use everything on wednesday (1/2 price day) so you're essentially paying 1/4th for all the game credits

**Slurry Pumper** · 06-05-20, 04:08 PM

This covid thing has made me into almost a day trader at this point. Laid off with almost no hope in sight of being let out of the house here in PA until today (although just slightly). I have moved from long term trades of stocks every couple of months usually using primarily a weekly chart with long stochastics for trends, to now looking hard at the 5 day 15 minute chart looking for quick 1 hour, 1 day, or 1 week trades max. Making shit loads of cash too, I know this can't continue but I'll play along while it last. Of course it is easy to make money in this market when it is rigged to go up. We'll see how it goes when we should start shorting again. The last couple of months is like always putting money on the fav and forgetting about the dog. I really think next week will be a pull back week but I have thought that before so we'll have to let the charts decide what my opinion is so I can lose the opinion before losing my money. Still think there will be a giant crash back down to the 2200 on the S&P, not next week, but this summer sometime, or after the election in Nov, but sometime in the next year or so because this is all as fake as any CNN news story. Fundamentals are now not even a concern as earnings plummet while the stock prices soars, and really on no volume to note. So when it turns, I'll be ready to make the money on the way back down also and by then, maybe I won't want to get another job. Although I do miss inventing new processes to do shit that haven't been done before.

**milwaukee mike** · 06-05-20, 04:18 PM

keep grinding slurry

as you said, everything works until it doesn't... but while it works it's a beautiful thing

**navyblue81** · 06-05-20, 04:25 PM

Originally posted by KVB

What changed with GCI?

It's been on a decline, price wise, since 2015 with a really steady decline since 2018.

This thing is all institutionally owned and a huge volume upswing today. There's a dividend too. Was thinking not a bad time to snatch it up for that.

But why the jump today?

I read an article on it last night and then saw a motley fool article on it today that was a great buy. Waited for a dip today and got at 2.70. Wish I would have bought earlier but I still think it can shoot up. It was at 6 just a few months ago.