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ManianFH
living in perverty



Registered: 07/06/04
Posts: 14,741
Last seen: 1 day, 5 hours
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Baby_Hitler]
#27322656 - 05/25/21 01:53 PM (2 years, 8 months ago) |
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nice. how long were you out of it for?
I havent yet put my 6k contribution into anything, though its sitting in my account ready to go. Was kind of hoping AMZN would fall to 3k flat. Already own 5 shares which may be enough exposure anyways.
-------------------- notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... " ChrisWho said: "It's all about the journey, not the destination."
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Baby_Hitler
Errorist




Registered: 03/06/02
Posts: 27,587
Loc: To the limit!
Last seen: 2 hours, 11 minutes
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ManianFH]
#27322690 - 05/25/21 02:14 PM (2 years, 8 months ago) |
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Geez. I got out back whenever that crash happened right before Christmas, then got back in about 3 weeks before they announced the pandemic and bailed again. Been out ever since. I'm down by about 10%, whereas if I had just left it alone, I would have been up by at least 30%.
So I'm just gonna spread it out over a bunch of different kinds of funds and keep my dirty mitts off it.
-------------------- Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ (•_•) <) )~ ANTIFA / \ \(•_•) ( (> SUPER / \ (•_•) <) )> SOLDIERS / \
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ManianFH
living in perverty



Registered: 07/06/04
Posts: 14,741
Last seen: 1 day, 5 hours
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Baby_Hitler]
#27322695 - 05/25/21 02:22 PM (2 years, 8 months ago) |
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hard shit trying to time the market. if Geo says he cant, theres no chance in hell for a guy like me. but eventually everything (that isnt pure shit) ends up higher
-------------------- notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... " ChrisWho said: "It's all about the journey, not the destination."
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Ahab McBathsalts
OTD Windmill Administrator




Registered: 11/25/02
Posts: 35,107
Loc: Wind Turbine, AB
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Baby_Hitler] 1
#27323399 - 05/26/21 03:12 AM (2 years, 7 months ago) |
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Yeah. Just buy a mutual fund and don't look at it.
-------------------- "Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."
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Fiery
Sword of Fire


Registered: 12/24/12
Posts: 36,574
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Ahab McBathsalts]
#27323400 - 05/26/21 03:14 AM (2 years, 7 months ago) |
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metals looking pretty strong.
Try taking away the value of a metal.
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Ahab McBathsalts
OTD Windmill Administrator




Registered: 11/25/02
Posts: 35,107
Loc: Wind Turbine, AB
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Fiery]
#27323406 - 05/26/21 03:20 AM (2 years, 7 months ago) |
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gone.
-------------------- "Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Ahab McBathsalts]
#27324955 - 05/27/21 09:06 AM (2 years, 7 months ago) |
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Been sittin' out of trading for a stretch, but the S&P is starting to tighten up again, and as a result, is beginning to draw my attention. Government spending proposals are getting closer to reality and the inevitable devaluation of the dollar continues, thus perpetuating the drive toward risk assets. I'm not really any screaming buys right here, but I was amused by an article that I read this morning about Apple posting a casting call for a new employee who will specialize in alternative payments, with an explicit nod toward cryptocurrencies. Now of course, AAPL does a whole lot of exploring and is generally rather conservative with what they ultimately roll out in prime time. Nevertheless, crypto integration on Apple products is an interesting proposition, one that could add a lot of value to their ecosystem depending on how far they lean toward offering exchange related services.
Of course... all of that is just conjecture at this point, based on one lone employment offering, however AAPL stock is firming up above its 200 day moving average (tagging the 200 day EMA three times this month) after trading in a choppy albeit tightening sideways range for the past 8 months, give or take. $124-$129 is the short-term range, and as the daily bollinger bands continue to tighten, I would set some alerts and consider incrementally building a position in anticipation of a bounce higher from this level. I have picked up a few calls today, but frankly, there is no rush. With the 50 day just under $128, a move above $128 would be an appropriate actionable alert level. Alternatively, another test of ~$124-$125 could offer an opportunity for a purchase, with aggressive stops just below $122 and more patient stops below $118.
I am also buying a small initial position on SQ, as it has done a nice little touch and go off of its 200 day moving averages, and I would expect, will find its way to test $245 sometime in June. After a little post-earnings washout, volume has been good, however it's also up for the fourth day in a row. If I'm lucky, I'll be able to build up the position by catching a minor 5% pullback/bounce @ $211 (presently trading just under $223), but as this issue tends to move with some momentum, I want a little piece.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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ManianFH
living in perverty



Registered: 07/06/04
Posts: 14,741
Last seen: 1 day, 5 hours
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#27325133 - 05/27/21 11:57 AM (2 years, 7 months ago) |
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This has been my rationale for exposure - you just put it more eloquently. If inflation is going to do its thing, I would rather not be sitting on a pile of cash watching it happen. May pan out, may not, but might as well put those dollars to work.
I didnt have a proper target with my 6k contribution, so it just went into VZ which is bouncing between $56-$59 consistently enough for my comfort. Am not married to it and may look at other options soon.
In order of exposure currently:
AMZN AAPL VZ BA MSFT TLRY CGC
-------------------- notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... " ChrisWho said: "It's all about the journey, not the destination."
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 11 days
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ManianFH]
#27325429 - 05/27/21 03:52 PM (2 years, 7 months ago) |
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PLUG TLRY PLTR LAC
-------------------- Within You , Without You
      
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 11 days
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Enkidu]
#27325482 - 05/27/21 04:34 PM (2 years, 7 months ago) |
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Oh and shoulda held amc
-------------------- Within You , Without You
      
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connectedcosmos
Neti Neti



Registered: 02/07/15
Posts: 7,426
Loc: The Pathless Path
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Enkidu]
#27332112 - 06/02/21 03:58 AM (2 years, 7 months ago) |
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Just bought some amc yesterday at 30.10
--------------------
 54. The true nature of things is to be known personally , through the eyes of clear illumination and not through a sage : what the moon exactly is , is to be known with one's own eyes ; can another make him know it?
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Brian Jones
Club 27



Registered: 12/18/12
Posts: 12,340
Loc: attending Snake Church
Last seen: 9 hours, 15 minutes
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: connectedcosmos]
#27332233 - 06/02/21 06:32 AM (2 years, 7 months ago) |
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-------------------- "The Rolling Stones will break up over Brian Jones' dead body" John Lennon I don't want no commies in my car. No Christians either. The worst thing about corruption is that it works so well,
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plasma
ɹoʇɐɹǝpoɯ

Registered: 09/17/08
Posts: 10,001
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Brian Jones]
#27332624 - 06/02/21 12:30 PM (2 years, 7 months ago) |
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How high is amc projected to go?
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Mojo
Stranger

Registered: 07/12/07
Posts: 1,676
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: plasma]
#27332679 - 06/02/21 01:12 PM (2 years, 7 months ago) |
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Quote:
plasma said: How high is amc projected to go?
$100,000.00/share
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plasma
ɹoʇɐɹǝpoɯ

Registered: 09/17/08
Posts: 10,001
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Mojo]
#27332681 - 06/02/21 01:12 PM (2 years, 7 months ago) |
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/bust nut
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ManianFH
living in perverty



Registered: 07/06/04
Posts: 14,741
Last seen: 1 day, 5 hours
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: plasma]
#27332838 - 06/02/21 03:52 PM (2 years, 7 months ago) |
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Good upward movement across the board today. TLRY and CGC seem to be strong right now. I halved my exposure to AAPL, which has been slowly bleeding out. Am looking to allocate more into the aforementioned pot stocks.
I also grabbed a few shares of ARKK - though my intent is to probably grab something that this ETF is connected to. More of a placeholder and reminder with the potential to work while I do more research. We’ll see if that’s smart or not...
Also, yeah that AMC. I remember buying like 20 shares @ 12$ then selling when it dipped thinking I missed the squeeze. This is a lesson to be more patient. One I am continuously learning.
-------------------- notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... " ChrisWho said: "It's all about the journey, not the destination."
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plasma
ɹoʇɐɹǝpoɯ

Registered: 09/17/08
Posts: 10,001
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ManianFH]
#27332938 - 06/02/21 05:26 PM (2 years, 7 months ago) |
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Is it too late? I think it’s slated to hit $250
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: plasma]
#27333012 - 06/02/21 06:32 PM (2 years, 7 months ago) |
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CCIV MP
-------------------- Within You , Without You
      
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#27338636 - 06/07/21 09:03 AM (2 years, 7 months ago) |
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Quote:
geokills said:
... buying a small initial position on SQ, as it has done a nice little touch and go off of its 200 day moving averages, and I would expect, will find its way to test $245 sometime in June. After a little post-earnings washout, volume has been good, however it's also up for the fourth day in a row. If I'm lucky, I'll be able to build up the position by catching a minor 5% pullback/bounce @ $211 (presently trading just under $223), but as this issue tends to move with some momentum, I want a little piece.
Revisiting SQ: This could be the "pullback/bounce @ $211" that I mentioned keeping an eye out for on May 27th (hit a low of $211.25 on Thursday that has been tested twice since). In keeping with my trade plan, I have doubled down on my position via July $220 calls and have a hard stop at $211.14. A move above $218 will confirm and provide an opportunity to add a third tranche, while setting a higher partial stop at VWAP to mitigate the risk of the outsized position.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 4 hours, 15 minutes
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#27338640 - 06/07/21 09:11 AM (2 years, 7 months ago) |
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MNMD, a funky little thing in the psychedelic medicine space that we've spoken about here on occasion, recently listed on NASDAQ and is optionable (although with shares so cheap, I would really only use options to sell premium against common or short puts with the intent to accumulate at a discount). Appears to have worked off its blowoff from the NASDAQ listing announcement, and is threatening to breakout. Volume is good today. Not a lot of opportunities to invest in the space, however it is high risk as it is still early in the pipe with regard to proven therapies, and regulatory issues present hurdles with regard to potential adoption of said therapies. Nevertheless, the space is making some waves and is also the kind of stock that I could see the WSB/social investing crowd getting behind.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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