All things STOCKS

#7,376
#7,376
$FUBO has me drooling right now. Only question is when to take profits? It could see $60+ again. Original plan was to ride it up to at least 35 and sell, but we've blown way past that much sooner than I anticipated. It hit over $40 right after the bell this morning before a healthy pull back. Looking for a close above $38 today to get the next FIB level running.
 
#7,377
#7,377
Firebirdparts said:
By the way, everybody following these SPACs talking about IPOC and IPOE, so I decided I'd be different and buy IPOD. I'm well ahead of the hype, but it's going up steadily. Maybe it's other people like me. Considering my extreme ignorance, I may just need to set a trailing stop loss.
Click to expand...

There’s really not much risk depending where you bought it. They fluctuate a bit between merger partner announcement and merger finalization date. People here are haters, but SPACs are easy money if you’re patient and they are so popular now.
 
#7,379
#7,379
POWW making me 💰 and I’m holding. I just left the gun store 13 minutes after they opened and they sold out of 9mm ammo in 5 minutes. Extreme ammo shortage right now and company is going to have a nice balance sheet in February
 
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#7,380
#7,380
I finally found something on ENG that is truly helpful to me, being a chemical engineer. I'm not sure how (or if) you can navigate to this on their website, and I can't tell who wrote it or when
ENGlobal revenue up 58%, $8.3M new business, $20M hydrogen plant contract for RD facility - ENGlobal.

So this answers the key questions about the hydrogen plant. It's Haldor-Topsoe technology, and as I mentioned earlier, they are building the modules for $25 million, so it's not a huge project. It is going into a renewable diesel project. This article includes revenue from Q1 2020 so it was evidently written about 6 months ago, give or take.
 
#7,383
#7,383
My goal for 2021 has been $300/day. That’s 6k a month and 72k in a year. Would put me in six figures. I can’t even imagine having that much to play with.

All a moot point if I win the powerball tonight.
 
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#7,385
#7,385
I’m also trying to buy LHX and ERX. LHX is closer to my limit ($185.81/$182.27). I think I’ll need to raise ERX to execute that one ($18.40/$13.27).
 
#7,387
#7,387
BigOrangeMojo said:
Nice, will admit I was wrong here.
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I lucked out on the trade because they lured away the VMware CEO. But I still like the 11x p/e, 2.3% yield, and that they do their own manufacturing rather than contract it out. Most of their competition relies on Taiwan Semi (including NVIDIA) for their production. I might raise my limit price to buy and increase the number of shares. INTC is still cheap. Young traders may not know who they are. Before FAA(N)G the 4 horsemen of tech were INTC, CSCO, MSFT, and Dell.
 
#7,388
#7,388
Thunder Good-Oil said:
I lucked out on the trade because they lured away the VMware CEO. But I still like the 11x p/e, 2.3% yield, and that they do their own manufacturing rather than contract it out. Most of their competition relies on Taiwan Semi (including NVIDIA) for their production. I might raise my limit price to buy and increase the number of shares. INTC is still cheap. Young traders may not know who they are. Before FAA(N)G the 4 horsemen of tech were INTC, CSCO, MSFT, and Dell.
Click to expand...

The bull case has always been INTC is really cheap if they can narrow the technology gap between them and NVDA/AMD. With the new CEO, I guess the market thinks that might happen. I doubt you will see a huge drop when they announce their earnings in a couple of weeks due to the new CEO.

Downside is AMD is getting beat up today.
 
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#7,389
#7,389
Got stopped out of my Tsla Puts....went in on Tsla Calls, made it all back already lol. This is ridiculous
 
#7,390
#7,390
CCIV with a couple of big jolts today. They started trading options; calls are very expensive FWIW.
 
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#7,397
#7,397
VERO! I actually prefer the steady climb to a huge breakout. It has made me at least a few hundred bucks each day without attracting attention from the shorts.
 
#7,398
#7,398
Tri-CitiesVol said:
My goal for 2021 has been $300/day. That’s 6k a month and 72k in a year. Would put me in six figures. I can’t even imagine having that much to play with.

All a moot point if I win the powerball tonight.
Click to expand...

I'd just like to average $300/month. That would nearly double my current portfolio. Again, this is a ROTH IRA I've started with an old 401k account from a company I worked at for 2-3 years, so there's a lot of restrictions for me.

So far, I've hit that goal in January (unrealized). May take profits from $FUBO today depending on price action.
 
#7,400
#7,400
I had a goal too when I started experimenting with active trading; My goal was to make 1% a week in a taxable account at fidelity. It hasn't been easy. I went through a long process of learning about options before I came here. I sold a lot of them, but I think that is one of those things that appeals to you based on personality and whether you can afford it. A lot of young guys cant' afford it. I have been trying to do like you guys do for about 3 weeks. I am not sure what to think about this swing trading, but I've made an awful lot of money. Just wondering what it's like to lose it just as fast.

I suppose that the hit rate on these swings could be evidence that Stock_Swing_Alert has enough followers to move the market. I don't know. In the options world, you certainly have to watch what r/wallstreetbets is doing, because they have millions of people coordinated who do nothing but trade options. In my arrogance I decided to sell options to these folks.
 
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