All things STOCKS

#14,326
#14,326
Velo Vol said:
They were just talking about this on Tasty Trade. Relatively speaking Google, natural gas, and the yield spread (not sure how one trades that) seem like the only "cheap" things in this market.
Click to expand...

Natural gas is crazy cheap like....unreal.

Knock on wood....mild winter
 
#14,328
#14,328
Unsure if anyone follows the health care companies.

Last summer, one of the big boys Encompass (EHC) separated their home health business into new company called Enhabit. EHAB Last evening, they issued a somewhat woeful quarterly report. Small volume / small market cap.

From the experienced folks, is that a short play?

Or, not enough volume to work?

Bet it drops 8-10% today.
 
#14,331
#14,331
I sold GOOGL puts and MSTR calls yesterday.

The puts are hitting. The (covered) calls are now in the money, but the strike plus the premium is still more than the underlying quote.

But I’m not going to worry if my MSTR shares are called away next Friday. Bitcoin is overdue for a pull back. I’m not sold on the LT prospects of crypto. But even getting back to all time highs would be an excellent return.
 
#14,333
#14,333
mrorange211 said:
ever since I stopped day trading, my happiness level has increase 5 fold.
Click to expand...

Yeah,,,,I did it 20 years ago. Found out that it consumed my days. Spent way too much time on that

Looks like the market is wanting to ease up today. What are the Data Points remaining for this week? Sometimes those numbers spook the market.
 
#14,334
#14,334
Jax_Vol said:
Yeah,,,,I did it 20 years ago. Found out that it consumed my days. Spent way too much time on that

Looks like the market is wanting to ease up today. What are the Data Points remaining for this week? Sometimes those numbers spook the market.
Click to expand...

Hot Inflation Data........just killed that thought. Plunge
 
#14,335
#14,335
I wonder how much of the inflation number is actual current inflation vs how much of it was a result of "smoothing out" (i.e. catching up manipulated/underreported 2022 inflation numbers)....
 
  • Like
Reactions: tbh
#14,336
#14,336
BigOrangeMojo said:
I wonder how much of the inflation number is actual current inflation vs how much of it was a result of "smoothing out" (i.e. catching up manipulated/underreported 2022 inflation numbers)....
Click to expand...

I don't know what's included in the PPI, so I'm not in a position to determine whether the extraterrestrial pedophiles or the double secret Donald-Trump-is-really-still-president government are reporting it correctly.

I work for a producer, and I can certainly say that prices of a lot of things have been disturbingly low depending on what you wish they were. The 4th quarter was atrocious. That begs the question of how much it fell from its height. The answer is tremendously. Producer prices are REALLY HIGH but they also have fallen 11% from the peak back in June. The uptick in question is clearly visible here.


1676559148777.png

Link if you want to play more:
Producer Price Index by Commodity: All Commodities

Producer Price Index by Industry: Total Manufacturing Industries
 
  • Like
Reactions: tbh
#14,338
#14,338
mrorange211 said:
ever since I stopped day trading, my happiness level has increase 5 fold.
Click to expand...

I’ve never day traded by the strictest definition. To me, day trading is making dozens of trades in a day and closing out every position before the final bell.

I do get more active at times trading a stock that I may not be interested in keeping after it makes a big move. But so often a stock that quickly falls 10-20% will lose 50% or more before it hits bottom. Now I almost always only trade a stock that I won’t mind holding for a few years if it goes against me. I’ve never used a stop loss which a highly disciplined trader will always utilize.

I now prefer to sell options and always end up better off. Underlying stock moves one way and I keep the premium. If it goes the other way I get in or out of the position at a better price than just a limit order on the underlying gives me.
 
#14,339
#14,339
Firebirdparts said:
I don't know what's included in the PPI, so I'm not in a position to determine whether the extraterrestrial pedophiles or the double secret Donald-Trump-is-really-still-president government are reporting it correctly.

I work for a producer, and I can certainly say that prices of a lot of things have been disturbingly low depending on what you wish they were. The 4th quarter was atrocious. That begs the question of how much it fell from its height. The answer is tremendously. Producer prices are REALLY HIGH but they also have fallen 11% from the peak back in June. The uptick in question is clearly visible here.


View attachment 536530

Link if you want to play more:
Producer Price Index by Commodity: All Commodities

Producer Price Index by Industry: Total Manufacturing Industries
Click to expand...

This is very interesting. How do I make money off the information? Buy / short a manufacuring index fund?
 
#14,343
#14,343
For some context, in 2007 consumers had the highest credit card default rate in history, foretelling what was to come with the housing/financial crisis the following year. Their next move was, of course, defaulting on their mortgages and mailing in their keys ("Jingle Mail") to the mortgage companies. This article ONLY notes consumer credit card debt level, now reaching $1 Trillion, its highest in history. As inflation continues to be problematic for many, one would have to assume the possibility for another sizeable default on credit cards is in the making.

Troubling signs emerge as credit card debt hits record high
 
#14,347
#14,347
wondering the same thing. Bonds and Stocks moving the same way (therefore expected interest rates are doing the moving).
 
#14,349
#14,349
Long shot here...

Does anyone follow Axcelis Technologies (ACLS)?

It is crashing hard today and is a company I've been wanting to buy / hold long term.

Trying to find why it is dropping so fast? Never try to catch a falling knife.
 
#14,350
#14,350
I know nothing. It was $50 a few months ago, so I think it's entitled to lose a few dollars. Insiders are entitled to sell. It's almost tripled in 4 months. The robot "rating" thing on yahoo calls it undervalued. S&P global calls it undervalued. What it lost today is less than it gained on earnings last thursday. FWIW.
 
  • Like
Reactions: Jax_Vol
New posts
You must log in or register to reply here.

VN Store



Back
Top