Actually fairly surprised (honestly relieved) that oil is rebounding so well. I am hopeful that alt energy and marijuana will continue climbing since I added to my existing positions in both today.
I am not adding any more airline shares but continue to sell puts against them while IV is high. JBLU and SAVE have been major money makers. Still wouldn’t touch AAL. I’m hoping for a few more red days before I consider adding any more.
PLUG and BE have been bread and butter. I sold out of PLUG and consolidated into just BE, though. I opened small at a $14 cost basis and have added weekly since. Not adding any more this week since we already had a huge boost.
For the other green, I also played CGC but sold out and consolidated into APHA since I think it’ll grow quicker. APHA IV shot up after the merger announcement end of last year so I’d probably stick to common stock or short puts.
JD and SE have not at all dipped (unless you know something I don’t – I’m up double digits since I posted that). SE is one of my strongest performers since November, up 34%.
I haven’t regretted reloading on BABA yet . Time will tell what happens there but you know what they say about scared money.
BABA has! I’d be nervous about having cash in those listings, even on NYSE.
Sorry, meant to add: wouldn’t worry about SE, that’s Singapore and even though their gov’t is authoritarian, they deeply respect capitalism because otherwise they’d just be Malaysia.
I’m taking a break. I’ve been buying TSLA puts all week, down 7.5k. This stock has retard strength, no technicals. Made 8k from Amazon the day after Christmas but it’s pretty much gone now . On to the next one!
Never fight the Fed. Never fight the gov either. Or play with fire and water. There will be pumping all 2021. I predicted DOW 30k under Trump. I see DOW 35k to 40k under Biden. Maybe even in 2 years. Big business has bought and paid for it. The lemmings of middle class and lower income will get the same they got before. They just do not know it yet. As much as i feel the music will stop at some point, not sure i can say it is time yet and hope i am right. This is one of the best countries in the world.
I kept investing in Obama time, did same under Trump, and will adjust accordingly under Biden. Good luck to all.
Don’t be greedy. Market sell off will be coming in fast and furious when you least expect it. Stocks are way overextended and anyone believing that stocks can just keep creating unimaginable gains is being very foolish.
Don’t get caught in the euphoria of the hype.
You trade what you see not what you think. It’s hard to do because your brain will work against you but it’s the only way you can make money on day and swing trading. The above TSLA trade is a prime example as to why you need to wait for reversal before buying puts.
I don’t get the hype with GME. I’m a video game addict (drives the wife crazy) that doesn’t see GameStop doing anything particularly well…except rip people off. If I’m betting on video games - I’m putting my money towards $TTWO.
. Time will tell what happens there but you know what they say about scared money.
. On to the next one!