Starbucks up 10% in premarket.
People are addicted to their overpriced sugar syrup coffee.
People are addicted to their overpriced sugar syrup coffee.
It is pumpkin spice latte seasonStarbucks up 10% in premarket.
People are addicted to their overpriced sugar syrup coffee.
The herd mentality surrounding ginger, cinnamon, allspice, and nutmeg this time of year is strong.It is pumpkin spice latte season
My lottery ticket is nwbo. If it hits im rich if not, meh.😆
Lottery tickets at least have some chance
I'll call your nwbo with my five $15 SAVA call options. Current price...$24.25.My lottery ticket is nwbo. If it hits im rich if not, meh.
I aint got time for all that, day jobs and what not... Either nwbo is a cancer killer or its not. Spin the wheel.I'll call your nwbo with my five $15 SAVA call options. Current price...$24.25.
When I buy calls to speculate (always small bets because you can lose your ass with options), I like to buy very deep in the money 6 month or longer term for liquidity and leverage. Buying near or over the strike means all the profit is usually already built in the price ($20 stock, $20 or $25 strike, etc). I don't buy those.
Let's say you can buy 200 shares of a company at $20 with $4000. But if you buy the $10 call at $10 each you have the leverage of 400 shares.
The trick is to pay just a whisker above cost and that's not easy the further out you go. There is always some idiot over bidding, screwing up the trade, so this "trick" doesn't work with all stocks.
If a stock is trading for $20 I won't pay more than $10.25 for the $10 call. This way when it hits $20.75 or more, I'm a seller at $11.
Lots of idiots will bid $11.20 for a $10 call when the stock is $20, effectively paying $21.20. Since these are long dated you still get leverage but that stock has to go over $21 before you start to profit.
Amen!Market is loving the jobs numbers. Quite the reversal from last week when the S&P was in correction. Bought quite a bit last week. Should have bought more.
Woulda shoulda coulda
Nearly at the levels from three weeks ago.
Even the words "rate cut" make me cringe. I want to see rates skyrocket to a 22% prime to bring about rapid deflation.Current odds have dropped for a rate cut in May. I remain unconvinced that the pivot is going to happen so soon.
Even the words "rate cut" make me cringe. I want to see rates skyrocket to a 22% prime to bring about rapid deflation.
So you want to crash the economy by killing consumer spending which would slash production and likely lead to layoffs? Why do you hate America so much?Even the words "rate cut" make me cringe. I want to see rates skyrocket to a 22% prime to bring about rapid deflation.
I'd need to build a bunker, store nonperishable goods inside, and stock up on ammo first.Even the words "rate cut" make me cringe. I want to see rates skyrocket to a 22% prime to bring about rapid deflation.
We got ourselves addicted to ZIRP which should have never been more than a short term solution, not a way of life for almost 14 years(2008-2022)! We also racked up $33 trillion dollars of debt by spending too much money and not having an adequate tax rate.US can't afford to keep rates high for long. And for sure can't afford 22%. Going back to zero is inevitable.
How would destroying the world economy make you richer?US can't afford to keep rates high for long. And for sure can't afford 22%. Going back to zero is inevitable.
Nobody knows. Some talking heads on CNBC and Bloomberg say 4800 by years end. Some were saying we weren't moving past 4200 a couple weeks ago. Then there are the bears that say we are moving back to 3800.S&P to 44 or 43?