All things STOCKS

#12,702
#12,702
I believe this is the most up I have seen in a single day. I didn't check.

I certainly hope we're rallying, because as the market stayed low I am buying stuff and getting more and more leveraged all the time.
 
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#12,710
#12,710
Jax_Vol said:
Wow wow wow....ballsy! I like it. Without China, can Apple even make enough phones for Christmas 2022...

Definitely a big surge today.
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Yeah and I cleaned up real nice today on Jblu and Dis. Figured shorting Apple after a NINE PERCENT day shouldn’t carry too much risk lmao
 
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#12,711
#12,711
I would agree. I posted the other day about AMAT getting out of control (I had sold a covered call). It went up 11% in one day. just nuts. I may roll my call tomorrow, but I'm very much out of control.
 
#12,712
#12,712
P.S. Some old wag said the most you can spend on a car is the most your net worth ever went up in one day. So today is going to be that day that determines what kind of car I can buy, I would think for a very long time.
 
#12,714
#12,714
VolAllen said:
Yeah and I cleaned up real nice today on Jblu and Dis. Figured shorting Apple after a NINE PERCENT day shouldn’t carry too much risk lmao
Click to expand...

Did you end up with the 1000 shares of Disney?

If it had reached 86, I was manually planning to grab. Got busy & ended up missing the big fish.

Yes, 9% in one day for Apple is way too much gain for one day.

I don't think tomorrow will probably any clarity on the election, so probably a down Friday. Many people off for holiday. Those type days tend to be low volume, little movement
 
#12,715
#12,715
Jax_Vol said:
Did you end up with the 1000 shares of Disney?

If it had reached 86, I was manually planning to grab. Got busy & ended up missing the big fish.

Yes, 9% in one day for Apple is way too much gain for one day.

I don't think tomorrow will probably any clarity on the election, so probably a down Friday. Many people off for holiday. Those type days tend to be low volume, little movement
Click to expand...

I actually grabbed 1400 shares of DIS at 88.96 and was losing on them until today. But…..I had 13,000 shares of JBLU at 7.57 💰

Sold all but 1,000 of Jblu
 
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#12,716
#12,716
VolAllen said:
I actually grabbed 1400 shares of DIS at 88.96 and was losing on them until today. But…..I had 13,000 shares of JBLU at 7.57 💰

Sold all but 1,000 of Jblu
Click to expand...

Well played!!! I picked a bad day to be out and about for some other matters. Will regret it tomorrow probably.
 
#12,719
#12,719
I still prefer gridlock. At least with the wild spending that’s happened over the last several years.

Morgan Stanley:

2. A Republican Win Could Introduce New Risks
Investors often associate split government with benign neglect, but that won’t necessarily be the case if Republicans take control of one or both houses of Congress.

Republican leadership could bring new risks in the form of U.S. public policy choices. Following the 2010 midterm elections, for example, gridlock led to protracted debt limit standoffs and government shutdowns. The resolution to one such standoff was the Budget Control Act of 2011, which implemented contractionary fiscal policy while the economy was still weak. Indeed, when the legislation was passed in August of that year, the unemployment rate stood at 9%. The result was weaker growth and a slower economic recovery, which partially explains why the Fed delayed raising rates until 2015.

At present, Republican leadership is signaling its intent to deploy the same tactics if the party wins majorities—in other words there is the potential for gridlock. While markets could easily dismiss these negotiations as political theater, as they have in recent years, if the economic outlook sours in 2023 in unexpected ways, the specter of the Budget Control Act could weigh on risk markets such as growth stocks and higher-yield corporate bonds. At the same time, Treasury bills could be under pressure this time around at the same time as quantitative tightening is being executed, further pressuring market liquidity.
 
#12,720
#12,720
Thunder Good-Oil said:
I still prefer gridlock. At least with the wild spending that’s happened over the last several years.

Morgan Stanley:

2. A Republican Win Could Introduce New Risks
Investors often associate split government with benign neglect, but that won’t necessarily be the case if Republicans take control of one or both houses of Congress.

Republican leadership could bring new risks in the form of U.S. public policy choices. Following the 2010 midterm elections, for example, gridlock led to protracted debt limit standoffs and government shutdowns. The resolution to one such standoff was the Budget Control Act of 2011, which implemented contractionary fiscal policy while the economy was still weak. Indeed, when the legislation was passed in August of that year, the unemployment rate stood at 9%. The result was weaker growth and a slower economic recovery, which partially explains why the Fed delayed raising rates until 2015.

At present, Republican leadership is signaling its intent to deploy the same tactics if the party wins majorities—in other words there is the potential for gridlock. While markets could easily dismiss these negotiations as political theater, as they have in recent years, if the economic outlook sours in 2023 in unexpected ways, the specter of the Budget Control Act could weigh on risk markets such as growth stocks and higher-yield corporate bonds. At the same time, Treasury bills could be under pressure this time around at the same time as quantitative tightening is being executed, further pressuring market liquidity.
Click to expand...

I voted for gridlock
 
#12,721
#12,721
Velo Vol said:
When did you buy it? Doesn't it decay over time (unless the market is going up)?
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Well....... It CAN decay. But whether it does or not depends. It's been around for about 14 years now, so you can see what it's capable of doing for you or to you.
 
#12,724
#12,724
I can't find anything about it. I'm not sure that actually occurred, but if it did, I would think eventually her comments will exist somewhere in the digital universe.

I will say IF she said the Fed is going to continue selling off its balance sheet, then I would say good for you. They need to. That's what not-clueless-idiots would be doing.
 
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