I've been nervously following the market since around 6 am and things weren't looking so hot. So I got ready to do another expensive buyback spree before things could get worse.
But I held off, and now just a half hour later a lot of my stuff is in such better shape. I was down like $12000 at open and now its like $3000. Some of my junk even turned green after being down big.
Sometimes the best move is no move at all
True. But the market is at nosebleed levels. One sneeze and we could be looking at gigantic SHORT TERM sell off.
I would unwind some of your short puts just in case to leave some elbow room.
Take profits when times are good.
Just my 2 cents.
What levels you looking atTrue. But the market is at nosebleed levels. One sneeze and we could be looking at gigantic SHORT TERM sell off.
I would unwind some of your short puts just in case to leave some elbow room.
Take profits when times are good.
Just my 2 cents.
What levels you looking at
Bloomberg - Are you a robot?
www.bloomberg.com
Apple is reinventing Layaway. That's not going to be a problem...
God am I glad I took profit on those AMC puts.
They would surely cost me thousands to buy back now.
Ive been kind of surprised at the breakdown of AMC from the mid $50s to the mid $30s. Although its stunning rise to $70 in the first place from $11 was equally surprising. It looks like they are letting the floor on GME also come down, from the $200s to the $170s.
I wonder where these stocks are headed in 6 months.
I think 2008 has made the fat cats wary of going off the deep end and causing yet another crash. So far, the environment has built up a very stable business engine.Hey Fellas, I'm not a major day trader or anything, but have a general question about the markets that you guys might have a better opinion on. I have a 401k with the majority held in the vanguard s and p index trust. It used to be in one of those target date funds, but a few years back I had this idea trip off that a bet on the s and p is a bet on the good ol US of A. I feel like the only way this bet fully fails is if the US fully crashed. Like great depression crashed and even then if time is on your side it'll still build back up. What do you guys think? Is this a dumb idea, is my money better off in the mixed automated target date funds. I have about 25 years of working left I think. So, lots of time on my side I'd say.
Hey Fellas, I'm not a major day trader or anything, but have a general question about the markets that you guys might have a better opinion on. I have a 401k with the majority held in the vanguard s and p index trust. It used to be in one of those target date funds, but a few years back I had this idea trip off that a bet on the s and p is a bet on the good ol US of A. I feel like the only way this bet fully fails is if the US fully crashed. Like great depression crashed and even then if time is on your side it'll still build back up. What do you guys think? Is this a dumb idea, is my money better off in the mixed automated target date funds. I have about 25 years of working left I think. So, lots of time on my side I'd say.