***Official*** 2018 Stock Market Thread

[dullard]

Look at a guy like me. I don't add value. I don't invest in companies because I believe in them in the long term. I circle like a vulture, extracting value from the market wherever I can, and I rarely lose money.

I'm part of the problem.

You are not part of the problem. If you buy low, then you help to minimize lows. If you sell high, then you help to minimize highs. You are part of the mechanism that prevents most of the wild stock market swings and helps bring a bit of sanity to the market. You play a vital role in the stock market stability.

That said, if you happen to benefit on taxes (long term capital gains for example), I see no reason that you should get lower tax brackets as you have no net benefit to companies or towards helping the economy.

 

[dasherHampton]

Now of course MU is going to make my October calls look like shit.

Thanks.

 

[AznAnarchy99]

Kinda wish I bought some more nvdia when it tanked to $210. It's up and over my initial buy of $244.

 

[DietDrThunder]

Kinda wish I bought some more nvdia when it tanked to $210. It's up and over my initial buy of $244.

I have a bunch of different should haves.

 

[Ns1]

I have a bunch of different should haves.

Should've bet the bank when ETH went to $360

 

[FelixDeCat]

The stock market should close higher today, because, welp, it hasn't gone high enough.

 

[DietDrThunder]

The stock market should close higher today, because, welp, it hasn't gone high enough.

You just jinxed it.

 

[FelixDeCat]

You just jinxed it.

Looks flat so far.

 

[dasherHampton]

I'm sitting here kind of nervously waiting for the clock to run out.

I sold weekly WDC 76 puts and it seems like a sure thing now at 2:20, but I've seen the market do pretty weird things.

 

[FIVR]

Why won't intel go down?




Pretty sure it's the stock illuminati manipulating my stocks. Otherwise AAPL would have gone to 200 last week.

 

[dasherHampton]

OK, I feel comfortable banking the option fees now.

I probably sold more contracts than I should have lol. All good.

 

[FelixDeCat]

OK, I feel comfortable banking the option fees now.

I probably sold more contracts than I should have lol. All good.

Im starting to really like Fridays. Shorted Amazon calls then shorted puts. Made 30% today.

 

[dasherHampton]

Not a bad start to the week.

I was able to snag a couple of risers early and cash them in.

 

[dasherHampton]

Lol

My ATM BLUE is getting ready to spew out money again.

 

[njdevilsfan87]

Anyone here back in weed stocks? Canada is supposed to make legalization official this summer, and it's probably only a matter of time before the US, and then rest of the world follows. It's been a very green week for them (http://www.cannmarketcap.com). I'm expecting (or should I say, hoping for) "crypto-like bubbles" in this sector as each of these happens.

 

[FelixDeCat]

Anyone here back in weed stocks? Canada is supposed to make legalization official this summer, and it's probably only a matter of time before the US, and then rest of the world follows. It's been a very green week for them (http://www.cannmarketcap.com). I'm expecting (or should I say, hoping for) "crypto-like bubbles" in this sector as each of these happens.

The demand for altered mental capacity and states might not be as big as expected. I also doubt more states will let their population get stoned.

 

[dasherHampton]

They really shook the tree for a long time on MU, didn't they? That's one of the longer tree-shakings I've very seen. They got every sucker they could to dump MU.

Problem is - they got me too. My October 55 Calls are looking dreadful right now. My basis is around 52 so I'll still make money but I might have blown it big time.

 

[dasherHampton]

Any thought on whether I should dump my GE?

I bought it at around 14.40.

 

[FelixDeCat]

They really shook the tree for a long time on MU, didn't they? That's one of the longer tree-shakings I've very seen. They got every sucker they could to dump MU.

Problem is - they got me too. My October 55 Calls are looking dreadful right now. My basis is around 52 so I'll still make money but I might have blown it big time.

Anytime I sold calls more than a month out I usually got into trouble because I gave in and bought them back at a loss.

 

[woodman1999]

Just throwing out TRXC.... having watched what ISRG is/was able to do, my hopes are high and it's a relatively cheap lottery ticket. I make absolutely no promises, but it's hopefully starting to gain some traction.

 

[njdevilsfan87]

The demand for altered mental capacity and states might not be as big as expected. I also doubt more states will let their population get stoned.

Thats THC. CBD on the other hand hardly alters mental capacity or state. It's on its way to becoming an anti-axiety, anti-depressant, pain, and blood pressure reducing medication. Millennials already dont eat at McDonalds, and I also don't see them taking the artificial white pills with death as a potential side effects when something like CBD is becoming very easy to obtain.

 

[FelixDeCat]

Thats THC. CBD on the other hand hardly alters mental capacity or state. It's on its way to becoming an anti-axiety, anti-depressant, pain, and blood pressure reducing medication. Millennials already dont eat at McDonalds, and I also don't see them taking the artificial white pills with death as a potential side effects when something like CBD is becoming very easy to obtain.

Tell us all you know. Your stock picks in this space and why. No, really.

 

[woodman1999]

No takers on my TRXC lotto ticket?

Thread has been pretty quiet of late...

 

[zinfamous]

Tell us all you know. Your stock picks in this space and why. No, really.

You're a true believer of decades of propagandized FUD. You'll never except the real benefits of compounds that your preacher and chosen political idiots have long convinced you are "the Devil's weed."

What's the point in trying to convince you of tested, observed, and real benefits to things that your faith tells you otherwise?

 

[Cal166]

I took a gamble and bought a few hundred shares @2.96 on Friday since I was working from home.
Thank you!