***Official*** 2018 Stock Market Thread

[dasherHampton]

It's the patents, bro. The patents.

 

[FIVR]

Intraday pattern on MU is bullish but that could change. Trump hasn't opened his mouth yet today.

 

[dasherHampton]

OK, I put some money where my mouth is. Sold 52.5 puts for 3/29.

I think it's free cheese.

 

[AznAnarchy99]

Anybody else buy the TCEHY dip?

I wanted to buy in at $52 but it opened up high this morning.

 

[FIVR]

OK, I put some money where my mouth is. Sold 52.5 puts for 3/29.

I think it's free cheese.

It definitely looks that way right now. Trump and this vol could grab you by the neck and bend you over any moment though.

 

[dasherHampton]

Anybody want to bet me anything for my 1000 GE shares? lol

 

[FIVR]

I wanted to buy in at $52 but it opened up high this morning.

It just bounced off 200dma and it's way below it's 50dma. I see it as a good long term play, but you might get a better price if Trump crashes the market again.

 

[dasherHampton]

Dammit, missed out on another BLUE bounce.

Gotta get my head in the game.

 

[AznAnarchy99]

How do you guys feel about JPM 's current pricing?


Sent from my iPhone using Tapatalk

 

[dasherHampton]

I've only ever held BoA, and that was a single hold.
I'm not a bank stocks guy so I probably wouldn't be much help.

Watching MU it's pretty clear this was a sophisticated pump and dump. It was pumped until the EC and then immediately dumped.

No matter. Life goes on.

 

[dasherHampton]

BLUE exploding. yuck.

 

[AznAnarchy99]

Did we miss out on DropBox? Just got the news alert.

 

[dasherHampton]

Whoever got in on that initial offering just made some serious coin for sure.

 

[DietDrThunder]

Probably a stupid move, bought 100 shares of Google at 1044.36. But I consider this a very long hold.

 

[AznAnarchy99]

Probably a stupid move, bought 100 shares of Google at 1044.36. But I consider this a very long hold.

Eh if I had that money right now I would have done the same with Amazon.

 

[FIVR]

Sold 52.5 puts for 3/29.

You gonna cover? March 29 seems a long way away...

 

[dasherHampton]

I have plenty of margin to cover.

 

[dasherHampton]

Probably a stupid move, bought 100 shares of Google at 1044.36. But I consider this a very long hold.

Did you buy those on margin or liquidity?

 

[DietDrThunder]

Eh if I had that money right now I would have done the same with Amazon.

It was a hard decision, but I’ve been watching Google for a while.

It makes it tough for me to add more Amazon. I have 100 shares of it with my cost basis of 47.47.

 

[DietDrThunder]

Did you buy those on margin or liquidity?

Liquidity. I’m sitting on too much cash.

Wait, isn’t liquidity selling assets to buy other assets?

 

[FIVR]

I see so much risk on the horizon. Every day Trump could announce some idiotic tariff on twitter. I wish I had pulled out of my long positions but I honestly didn't think Trump's handlers would let him crash the market. I should've known things would get real as soon as Cohn bailed.

 

[DietDrThunder]

I see so much risk on the horizon. Every day Trump could announce some idiotic tariff on twitter. I wish I had pulled out of my long positions but I honestly didn't think Trump's handlers would let him crash the market. I should've known things would get real as soon as Cohn bailed.

I have a different perspective. I didn’t sell off anything during the down turn of 2008, I actually increase my holdings. I would not be in the position I’m in if I had.

Ferengi Rules of Acquisition # 62 - “The riskier the road, the greater the profit.”

 

[AznAnarchy99]

It was a hard decision, but I’ve been watching Google for a while.

It makes it tough for me to add more Amazon. I have 100 shares of it with my cost basis of 47.47.

Both are great IMO. I just believe in Amazon a bit more to make bigger moves so I lean towards them but besides them I wouldn't hesitate to play Google for the long run either.

I see so much risk on the horizon. Every day Trump could announce some idiotic tariff on twitter. I wish I had pulled out of my long positions but I honestly didn't think Trump's handlers would let him crash the market. I should've known things would get real as soon as Cohn bailed.

I keep eyeing TCHEY today because I feel like they'll be great down the line but you're right that Trump can say something stupid about China any day and make it fall even more.

 

[dasherHampton]

Wait, isn’t liquidity selling assets to buy other assets?

I've always considered my liquidity the amount of cash I have on hand at any moment.

 

[DietDrThunder]

I've always considered my liquidity the amount of cash I have on hand at any moment.

Okay. There are too many definitions for the same term.