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

[CanuckG]

Market has been very green this week so far. I love it.

[HockeyRocks]

SQ up over 10.00 after the bell as they announced earnings a day early for some reason...Nice surprise..

[milwaukee mike]

gold and silver still moving right along

m/jwn/kss ripping on huge volume after jc penney "buyout"

[CanuckG]

GAN earnings Aug 20th now.

[Iona]

Earning after the close today:

[JayLA]

Square (cashapp)
has been good to me lately....wonder if i should cash out..

What yall think about AmBev? South americans love their beer and one of my clients was their director of personell or some shit, reported only to top dog....he said the company is well run

[navyblue81]

I think I got minimal response , but still think BLNK is worth a look and comment. I'm in around 9 CB.

I wish I would have gotten in on BLNK. I chose AYRO as my EV investment and hasn't really done much. I've actually lost a little since I invested so may just try and get back to even and then sell for something else.

[navyblue81]

Short plays...dropped SNSS this morning. No gains on that. Picked up IBIO and HMHC to go along with ZVO. Going to prolly keep these three stocks for awhile as I think they have solid growth potential throughout the month. HMHC and ZVO should continue to surge with school starting up.

Still holding onto DKNG and GAN but losing my patience with those.

[trobin31]

Square (cashapp)
has been good to me lately....wonder if i should cash out..

What yall think about AmBev? South americans love their beer and one of my clients was their director of personell or some shit, reported only to top dog....he said the company is well run

I’ve mentioned ABEV multiple times.

I have over 1000 shares avg price 2.5. Balance sheet is immaculate loading up every time it dips below 2.6. Don’t expect to see profit unti next year and don’t be tempted to sell at 3, could be 10x after the world goes back to normal

[JayLA]

I’ve mentioned ABEV multiple times.

I have over 1000 shares avg price 2.5. Balance sheet is immaculate loading up every time it dips below 2.6. Don’t expect to see profit unti next year and don’t be tempted to sell at 3, could be 10x after the world goes back to normal

I talked to Mauricio and he says it's the fkn virus holding companies in brazil hostage..

lol actualy gave me a prop, buy 100 shares each month and if when this shit all ends it isn't at 5, he'll invite me to a nice dinner for me and my wife

[Iona]

Earnings before the open tomorrow:

[KVB]

Thinking of picking up SQQQ.

It's 3 times the inverse of the QQQ, some players in here have already been in and out of it.

It's getting buy time, maybe a small gambling unit or two worth of it.

[trobin31]

I talked to Mauricio and he says it's the fkn virus holding companies in brazil hostage..

lol actualy gave me a prop, buy 100 shares each month and if when this shit all ends it isn't at 5, he'll invite me to a nice dinner for me and my wife

That sounds like a deal. Unless they are falsifying financials they have plenty of money to make it through the pandemic, looking for these type of companies is the way to go imo.

I also like LQDT and have mentioned it several times. Lots of cash on hand and once companies start going back to buildings they'll be looking for ways to get rid of stuff they realized they don't need. They have large amounts of government contracts as well for even more financial security. Most of all, if lots of businesses close doors permanently this will sky rocket.

[trobin31]

Thinking of picking up SQQQ.

It's 3 times the inverse of the QQQ, some players in here have already been in and out of it.

It's getting buy time, maybe a small gambling unit or two worth of it.

I usually wait until confirmatory rise, I got stuck bag holding an inverse leveraged etf once and that was not pleasant. Made myself a promise to never be in one of those for more than 1 hour win or lose.

[KVB]

I usually wait until confirmatory rise, I got stuck bag holding an inverse leveraged etf once and that was not pleasant. Made myself a promise to never be in one of those for more than 1 hour win or lose.

Correct. They really are meant for day trading. Because it's basically rebalanced every day, and the effects of that can compound, longer term hold won't provide the return it suggests.

I'm watching in closely but not going to buy in this last hour today.

[trobin31]

That 11k nasdaq wall is made of titanium, will be interesting to see if this stimulus gives it the breakout it needs to leap over and sustain it

[KVB]

SQQQ up a few cents in the last hour, from negative to positive.

I was flirting with the seemingly right idea...lol.

[Madison]

Fsly

Did a cursory amount of research based on recommendation's here and it sounded ok. Took small position. Realize it's had nice gains. Getting pummeled today and after hours. Anyone want to offer whether this is buying opportunity or ???.

[navyblue81]

Did a cursory amount of research based on recommendation's here and it sounded ok. Took small position. Realize it's had nice gains. Getting pummeled today and after hours. Anyone want to offer whether this is buying opportunity or ???.

Called this two days ago. Got a tip from a friend to take my profit and pull the f*** out of that stock. Phew. Glad I did.

[mjsuax13]

Zovio ☺️☺️☺️☺️☺️☺️☺️ Called this last month. What a nice reward.

Navy, I didn’t thank you for this tip. I bought about $10k/$3.20 a share of this stock after seeing your post and doing some research. It’s rewarded nicely. Are you still sitting on yours? Thanks again.

[Goat Milk]

I wish I would have gotten in on BLNK. I chose AYRO as my EV investment and hasn't really done much. I've actually lost a little since I invested so may just try and get back to even and then sell for something else.

Bro I've had blnk on my ticker before anyone knew about it, didn't check stocks for a few days then it exploded and I said f it lol

[Iona]

Earnings after the bell today:

[Iona]

Earnings before the open tomorrow:

[chico2663]

need fb to hit 300. sold some shares to buy 5 units of tesla and is not working out.

[trobin31]

need fb to hit 300. sold some shares to buy 5 units of tesla and is not working out.

I don’t understand, why you need Fb to hit 300 if you sold?

[trobin31]

Hey Gueys

Next company I’m looking at is Cerence; CRNC

looks like it checks all the boxes from a fundamental standpoint.
innovative-> SaaS AI for Vehicles
Moat-> only company providing this service in automotives
management-> need a deeper look
margin-> cash flow/revenue increasing annually/debt isn’t horrible. But this isn’t my strong suit so any insight would be helpful?

I still have to dig deeper into financials and chart technicals but if anyone has thoughts or time, i am looking at this as a potential Twilio but for vehicles. And if so...10-100x

Here’s a look at Cerence technology


https://youtu.be/yncLVt61rgs

This gapped up to 55 this past week, so I think market agrees with me here.

have to move my add prices up a bit to 41-44, hopefully a pullback soon

[trobin31]

Starting to get lonely, thinking the more this social distancing goes on the more ppl will be flocking to online dating sites. Match? MOMO? Any other online dating stocks to look at?

Only thing I bought this week BAC, GMBL, ABEV and AT&T.

Letting the stimulus do its thing and build up some cash.

watchlisting CCI & pagerduty closely as getting close to entry prices

[homie1975]

I don’t understand, why you need Fb to hit 300 if you sold?

Chico loves FB and likely still has a handsome number of shares. Since he put the monies into TSLA and it is not moving, he is hoping to make up the gap by having his FB shares rise.

Chico is this correct?

[Slurry Pumper]

OK the futures are pointing down this morning but no worries we have the employment numbers coming out at 8:30 and they will undoubtedly be more rigged than the stuff in the video below.

Off topic paragraph ahead, so skip to under the video for the rest of the stock market stuff.

Yes rigging is a actual job, and one that I say I like because all you need to do is tell them where the lift points are on an object, how much the object weighs, and the center of gravity of the object and these people will figure out how to lift it for you. But the best thing about the rigging profession is that even if you don't know the 3 basic things they require, the riggers will still do it, although they will make you take all the liability if they fuk up.

Speaking of RIGging, my RIG play is starting to work for me ever since I doubled down and bought more after breaking the rules and buying before the earnings report.

How about gold huh. Yeah I just knew it was going to pop with all the money being tossed around. The miners are actually pulling back a little bit in the last couple of days so there is some definite profit taking, and some of my plays have been stopped out while some like GLD keep going.

I'm breaking the rules again this morning as I didn't get out of AU before the close yesterday and they report before the bell this morning. This gold miner worries me as they have been making the head and shoulders pattern, and I think there is a possibility that a short term short will be in the cards after the open this morning. A long squeeze if you will. We'll see if AU found a way to miss on earnings with gold at all time highs.

I started to buy small amounts of SQQQ over the last week, so i'm betting that the QQQs will turn around in the near term so I'm willing to pile a couple of grand on the line and watch it until it does before I hammer it on a pull back.

The stimulus package is not going to come together until the market weighs in and drops the S&P around a couple of hundred points or just enough to scare the shyt out of congress so that they cough up the cash we don't actually have. Until the market weighs in, both sides will just posture and talk about how the other side is whacked out and unreasonable. Congress always needs a little kick in the pants to get it to move and until it does they wont do anything. Of course that won't happen today because we have the fake jobs numbers to look at so again it is off to the races with the market as they will probably hit the all time high and have a party this weekend. Next week will be the pullback and a little reality check.

[trobin31]

OK the futures are pointing down this morning but no worries we have the employment numbers coming out at 8:30 and they will undoubtedly be more rigged than the stuff in the video below.

Off topic paragraph ahead, so skip to under the video for the rest of the stock market stuff.

Yes rigging is a actual job, and one that I say I like because all you need to do is tell them where the lift points are on an object, how much the object weighs, and the center of gravity of the object and these people will figure out how to lift it for you. But the best thing about the rigging profession is that even if you don't know the 3 basic things they require, the riggers will still do it, although they will make you take all the liability if they fuk up.

Speaking of RIGging, my RIG play is starting to work for me ever since I doubled down and bought more after breaking the rules and buying before the earnings report.

How about gold huh. Yeah I just knew it was going to pop with all the money being tossed around. The miners are actually pulling back a little bit in the last couple of days so there is some definite profit taking, and some of my plays have been stopped out while some like GLD keep going.

I'm breaking the rules again this morning as I didn't get out of AU before the close yesterday and they report before the bell this morning. This gold miner worries me as they have been making the head and shoulders pattern, and I think there is a possibility that a short term short will be in the cards after the open this morning. A long squeeze if you will. We'll see if AU found a way to miss on earnings with gold at all time highs.

I started to buy small amounts of SQQQ over the last week, so i'm betting that the QQQs will turn around in the near term so I'm willing to pile a couple of grand on the line and watch it until it does before I hammer it on a pull back.

The stimulus package is not going to come together until the market weighs in and drops the S&P around a couple of hundred points or just enough to scare the shyt out of congress so that they cough up the cash we don't actually have. Until the market weighs in, both sides will just posture and talk about how the other side is whacked out and unreasonable. Congress always needs a little kick in the pants to get it to move and until it does they wont do anything. Of course that won't happen today because we have the fake jobs numbers to look at so again it is off to the races with the market as they will probably hit the all time high and have a party this weekend. Next week will be the pullback and a little reality check.

have you held a leveraged etf like this for over a week before? I tried applying gamblers falacy into tvix once and it didn’t end well. Told myself to always look at chart and wait for confirmation and only trade these for an hour at most. The exponential decay you need a 30% drop in Nasdaq for an inverse leveraged etf to profit If you’ve been holding for a week a bull markets, wouldn’t you?

[Slurry Pumper]

have you held a leveraged etf like this for over a week before? I tried applying gamblers falacy into tvix once and it didn’t end well. Told myself to always look at chart and wait for confirmation and only trade these for an hour at most. The exponential decay you need a 30% drop in Nasdaq for an inverse leveraged etf to profit If you’ve been holding for a week a bull markets, wouldn’t you?

I'm holding a small position and I know it works against me with a leveraged ETF like this, but it also stays on my radar to watch. It looks like today may be the day for a Nasdaq plunge. It will happen, it has to so that the stimulus package moves through. We'll know by 1 today, if not I can withstand some pain until around mid next week when I'll cost average down again. I can't do this forever but I can last through the month of August with periodic buying of more shares. So far with 3 buys at 6.25, 5.60, and 5.40 of 100 shares each, my losses are manageable. I will admit that it sucked when the Nasdaq made new highs, but my patience will pay off. If not I'll get out at the 4.00 level and take my losses of around a grand.

[CanuckG]

PENN

[KVB]

I'm holding a small position and I know it works against me with a leveraged ETF like this...

Correct. They really are meant for day trading. Because it's basically rebalanced every day, and the effects of that can compound, longer term hold won't provide the return it suggests.

I'm watching in closely but not going to buy in this last hour today.

That's what I was talking about the rebalancing having a compoinding effect. As long as you know and are aware I don't mind the holds.

I haven't picked up any yet, I really didn't want to hold too long and I wanted to buy the whole position at once.

Seems like less than 5.60 is a good spot, it seems.

[Slurry Pumper]

That's what I was talking about the rebalancing having a compoinding effect. As long as you know and are aware I don't mind the holds.

I haven't picked up any yet, I really didn't want to hold too long and I wanted to buy the whole position at once.

Seems like less than 5.60 is a good spot, it seems.

SQQQ sits at 5.65 right now, I probably should take my very small profit going into the weekend and just leave 100 shares on the table, which is probably what I'll do. Going into the weekend I don't see the short players keeping their plays on the table so it will probably spark a short covering rally gooing into the close.

[navyblue81]

PENN

Of course I have DKNG, GAN and LCA haha

Then again, I sold FSLY at 104 and now
Look at it. Talk about timing a stock right.
Wow. That’s the definition of a plummet.