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

[CanuckG]

out at 1.90.

[Shafted69]

Jerome is dumping ETF's and moving our money to corporate bonds.

[navyblue81]

Idex exploding again. Might break $2.

[Snowball]

UNG is done with its rolling period so I got some calls Oct.
BOIL calls and KOLD puts are too expensive.
UNL same thing, no action on the options but it's probably a buy
you have to know what you're doing with natural gas etfs and etns.
I could talk about this if anyone wants to.

[navyblue81]

If IDEx can hold it will be a $10k payday for me. Unreal.

[whydubya]

If IDEx can hold it will be a $10k payday for me. Unreal.

You holding thru the close? Where do you see this by weeks end

[CanuckG]

I read the DD on IDEX. This thing hits compliance Monday and looks to be doing some good business in China. Worth a hold IMO

[navyblue81]

You holding thru the close? Where do you see this by weeks end

Yeah holding for a while. Not selling it. It helps boost Tesla so it still has room to grow. Never know with the market but I’m holding out til at least $3. May make it $5 by end of summer if things go well.

[d2bets]

UNG is done with its rolling period so I got some calls Oct.
BOIL calls and KOLD puts are too expensive.
UNL same thing, no action on the options but it's probably a buy
you have to know what you're doing with natural gas etfs and etns.
I could talk about this if anyone wants to.

Weak trading today?

Looking for another leg down either the next couple days or early next week and the question is whether or not we see another quick bounce off 3,000. If not, then next leg down to low 2800's could commence in short order. Disagree?

[ex50warrior]

Wish you'd be right....

[Snowball]

Weak trading today?

Looking for another leg down either the next couple days or early next week and the question is whether or not we see another quick bounce off 3,000. If not, then next leg down to low 2800's could commence in short order. Disagree?

After a great May, I am up in first two weeks of June, however I paid too much attn to the indexes which were very skittish with too much off-market time volatility for my taste. So now I'm focusing more on nat gas and commodities, pm's.
The companies are significantly valued compared to their financial situations and bad quarters will persist. Fed is holding it all up but that doesn't mean it won't get choppy or boring for a while. The Dow is still under it's 200 MA again. S&P is getting close to falling under again also. We might see another flush because earnings for most will continue to be bad.
There is a lot of value in semi-distressed retailers and restaurants, but they have bad earnings still to report, so they are mid-long term holds as long as they have resilience and cash on hand with Debt Ratios reasonable.
For example I can rattle off many retailers and restaurants that are buys but they will be vulnerable to overall market trends. It's a tug of war between known bad reports to Aug then the likely positive swing coming especially by August when I expect a broader rally for these, after their bad earnings are finished.
Banks are dead because rates are too low and homebuilders are overplayed.
Casino and gambling is mostly overplayed also, however there are big values under the radar. WIMHY for instance. Longer term the gambling app and bookmaker stocks everyone likes - but the earnings again will stink for months. So it's not easy to hold the whole time.
Copper, Aluminum, Rare Earths and Lithium, Zinc, etc. are probably solid with upside. Steel and Concrete will need an infrastructure bill to pass before the election, which is iffy. Gold needs a weaker dollar such as if another huge stimulus is passed, now that appears iffy again. Silver is a better buy, based on industrial demand and the gold/silver ratio being expressed at 100-1 which is an abberation. Airlines will continue to struggle on losses a bit more, as will cruise/entertainment/travel, then rally later in the summer pending Covid liftings.
The 5G stocks of which I have a nice list are going to have fantastic 2021's. Same with electric cars and depending on who wins the election, perhaps green energy. You can go to FIVG etf website and download a list of their components. or KARS, EKAR same thing for those.
The longer the averages survive without a correction, the more likely the correction will only be within certain sectors and not broad. Small caps are fully developed in general and their future performances will depend on individual results, not broad accumulation as was the case in the last 2 months. The big players see more value in emerging markets now than in the U.S. So, it's a good time to consider foreign stocks on valuations.
I think the Covid rebound is going to become more selective and the averages seem confused right now.
Technicals say lower until 200 MAs can hold convincingly.

[navyblue81]

Idex still going up after hours. Already up 10% in 15 minutes.

[MinnesotaFats]

https://www.google.com/amp/s/www.forbes.com/sites/sergeiklebnikov/2020/06/17/20-year-old-robinhood-customer-commits-suicide-after-seeing-a-730000-negative-balance/amp/

You guys see this story?

Kid killed himself thinking he was out $750k whereas the stock simply hadn't hit his account....

Crazy

[milwaukee mike]

So what happens if the warrants go higher than strike point?

the warrant gives you the right to buy the stock for $11

so if the stock is trading at $30 then the warrant is essentially worth 19

if the stock is trading at 10 then the warrant is "worthless" but still holds value for the future possibilities... it's like holding a call option

[CanuckG]

BIOC with some good news. Big partnership brewing. Its going off AH.

[CanuckG]

and I have 50k shares of BIOC so I am a believer this can reach $1. Got in again today.

[navyblue81]

I hate when good news comes AH. I can only place hours from 9-4. Damnit.

[CanuckG]

I hate when good news comes AH. I can only place hours from 9-4. Damnit.

Robinhood? Not a fan of them

[navyblue81]

Robinhood? Not a fan of them

Yeah, that's my short term trader. Might switch over to WeBull. Can you trade after hours with them?

I just started using TDA for my long-terms (AAPL, TTD, FB)

[CanuckG]

Yeah, that's my short term trader. Might switch over to WeBull. Can you trade after hours with them?

I just started using TDA for my long-terms (AAPL, TTD, FB)

Yes webull has afterhours

[navyblue81]

Yes webull has afterhours

Can you instantly deposit with them? That's one thing I liked about RH is money goes in right away. Not sure if WB has that. I tried depositing there one time and after three days it still hadn't gone through.

[CanuckG]

Can you instantly deposit with them? That's one thing I liked about RH is money goes in right away. Not sure if WB has that. I tried depositing there one time and after three days it still hadn't gone through.

Cannot confirm that. Just heard good things.

[trobin31]

Can you instantly deposit with them? That's one thing I liked about RH is money goes in right away. Not sure if WB has that. I tried depositing there one time and after three days it still hadn't gone through.

Webull deposits take forever, made 1st deposit which took 5 days.
made another deposit, which you’d think be automatically credited once they know you have a legit bank account, but still took 3 days. Haven’t deposited since, just use the profits to trade. I like webull for the format and research links in their app. If it weren’t for their slow deposit I’d use them more.

[zam77]

Schwab is good and has extended hours. Great app., great products, customer service, etc... assuming they will complete eventual buy of TD but with Covid shit is still on back burner

[navyblue81]

Webull deposits take forever, made 1st deposit which took 5 days.
made another deposit, which you’d think be automatically credited once they know you have a legit bank account, but still took 3 days. Haven’t deposited since, just use the profits to trade. I like webull for the format and research links in their app. If it weren’t for their slow deposit I’d use them more.

I do like their app and format. I've used them to look at trends on stocks. But yeah, the deposit thing drove me nuts. I borderline on PTD with RH. That prevents me from making some trades that I want to make. Hate that rule sometimes, but I get why they do it.

[JayLA]

Thinking of selling my 10 shares of COSTco. not doing much and could use that little 3k for playing around with cheap, more volatile stocks.

[navyblue81]

IDEX going insane again. Up 25% early.

By the way Canuck, i bought some shares if BIoC at .70.

[Snowball]

grabbed some July DDM puts.
Dow is weak

[Shafted69]

IDEX on fire still

[CanuckG]

Got out of IDEX at 2.49 today. Holding BIOC. Lets get a rise up!

[navyblue81]

Looks like BIOC also starting to take off. Bought back just in time. Hoping for a big day from BIOC/IDEX today.

[CanuckG]

Looks like BIOC also starting to take off. Bought back just in time. Hoping for a big day from BIOC/IDEX today.

crazy. up 8k usd on bioc so far. We want $1!

[navyblue81]

Got out of IDEX at 2.49 today. Holding BIOC. Lets get a rise up!

I'm holding on IDEX. I think it gets up to $3 but also on the sell button if it goes down to $2. Will see where it is at end of day and may get out but I think it's more likely to go up than down. As long as it is tied with Tesla, it's a good company to be in.

[whydubya]

Big VISL bounceback today

[CanuckG]

I'm holding on IDEX. I think it gets up to $3 but also on the sell button if it goes down to $2. Will see where it is at end of day and may get out but I think it's more likely to go up than down. As long as it is tied with Tesla, it's a good company to be in.

was tempted to get in on that dip when it was around 2.10. I'll monitor it.