Discussion ***Official*** 2022 Stock Market Thread

[FelixDeCat]

SHOP gets smashed and grabbed.

Roblox implodes.

So much for the metaverse.

 

[Lost_in_the_HTTP]

Upsies, downsies.

Downsies, upsies.

 

[FelixDeCat]

Upsies, downsies.

Downsies, upsies.

Great environment to sell calls (short upside vol).

 

[njdevilsfan87]

Gold is ripping (well, for gold at least). I'm finally getting called on a position I was selling at/near strike for over 2 months now. Not even sure doing this options strategy was worth it in the end, but it gave me something to do. Back to selling some slightly OTM puts on it soon, and repeating this all over.

 

[Roger Wilco]

Thanks for the cheap stocks Russia.

 

[AdamK47]

Russia isn't done with the market yet.

 

[FelixDeCat]

Sadly this market is so threadbare, there is not much reason to buy here. Just look at ROKU, it is getting its head and face bashed in. This reminds me of what the stock market used to be like a long time ago. Dramatic 20+% sell offs if stock even slightly missed expectations. It kept you on your toes and kept the market healthy.

Considering it went from $46 in 2018 to $446 by 2021.......lots of stocks of were up 10X or more in the last few years....we were definitely in a bubble. A year 2000 style bubble created by excessive Fed money printing.

 

[FelixDeCat]

And now the Fed is taking money out of the economy, the only sensible thing to do is be short. However, its hard being short as well when the slightest bit of good news sends stocks flying.

Then all of a sudden you have panicky bears™ trying to all flee the same exit.

Its a treacherous market for everyone.

 

[dullard]

And now the Fed is taking money out of the economy, the only sensible thing to do is be short. However, its hard being short as well when the slightest bit of good news sends stocks flying.

Then all of a sudden you have panicky bears™ trying to all flee the same exit.

Its a treacherous market for everyone.

Your other option when the market is down to flat is to buy something that you are confident that has a good long-term viability. Then let shorts pay you to borrow it.

 

[FelixDeCat]

Your other option when the market is down to flat is to buy something that you are confident that has a good long-term viability. Then let shorts pay you to borrow it.

Name a stock that you think would work in that scenario? In most cases bears want volatile names. You cant buy Coke or McDonalds and expect to lend your shares out.

You need to buy overvalued garbage stocks that are in high demand. I've seen some lending rates exceed 100% in names name BFRI and ISPC. In the meantime they quickly lost 75% of their value. And once the need to borrow goes down I suspect your lending rate does the same.

The only way I can see that working is maybe Tesla.

 

[dullard]

Name a stock that you think would work in that scenario? In most cases bears want volatile names. You cant buy Coke or McDonalds and expect to lend your shares out.

You need to buy overvalued garbage stocks that are in high demand. I've seen some lending rates exceed 100% in names name BFRI and ISPC. In the meantime they quickly lost 75% of their value. And once the need to borrow goes down I suspect your lending rate does the same.

The only way I can see that working is maybe Tesla.

With Russia threatening Ukraine and inflation and feds taking off the gas, you'd be surprised at what you can do with stable companies right now.

Also you are thinking way too risky. Or if you don't like it, there is nothing wrong with a similar strategy of covered calls. Earn 5% here, 10% there as the market is flat. It adds up nicely over time. You can do that today with Coke and McDonalds.

With the right strategy, you should be able to profit in any stock market: bull, bear, or flat. No need to just write things off as being treacherous. You just won't have get rich quick schemes in all markets.

 

[biostud]

My dividends and auto reinvest index funds are happening Friday.

It seems like the stock rebates just keeps growing...

 

[Roger Wilco]

Dow futures down 400. Thanks for the cheap stocks Vlad.

 

[brianmanahan]

Dow futures down 400. Thanks for the cheap stocks Vlad.

vlad the on saler

 

[jpiniero]

Now they can blame Pooty Poot instead of the Fed!

 

[FelixDeCat]

Right now, not looking too bad. Nasdaq down only .5%


The Russian Stock Market is now down 17.50% in one day!

The equivalent one day move in the DOW would be down 6,000 points.

Of course circuit breakers would be on and off all day long. The COVID crash of 2020 was not that long ago. 5% down day after day.

 

[AdamK47]

It was at least nice of Putin to wait until after the Olympics. World unity through the Olympics. Until it's over with.

 

[KB]

Right now, not looking too bad. Nasdaq down only .5%


The Russian Stock Market is now down 17.50% in one day!

The equivalent one day move in the DOW would be down 6,000 points.

Of course circuit breakers would be on and off all day long. The COVID crash of 2020 was not that long ago. 5% down day after day.

Only going to hurt Russian citizens. Putin and the Oligarchs have most of their money in London property and markets and Swiss accounts.

I have some Russian stocks in some EM ETFs I own. I am curious as to how they will be affected this morning. Pre-market doesn't look like much change.

 

[KB]

It was at least nice of Putin to wait until after the Olympics. World unity through the Olympics. Until it's over with.

Pootie wouldn't dare interrupt the olympics. He would piss off his close closest ally, Xi, taking attention away from China.

 

[FelixDeCat]

Only going to hurt Russian citizens. Putin and the Oligarchs have most of their money in London property and markets and Swiss accounts.

I have some Russian stocks in some EM ETFs I own. I am curious as to how they will be affected this morning. Pre-market doesn't look like much change.

As it turns out the sanctions arent as bad as expected, the Russian market back up several % and US futures are positive.


For now.

 

[FelixDeCat]

Horrible market. And the Fed technically hasn't done a thing yet.

 

[jpiniero]

Only going to hurt Russian citizens. Putin and the Oligarchs have most of their money in London property and markets and Swiss accounts.

The thing you should really worried about is that this is RussiaChina testing Biden to see if this is the correct time to invade Taiwan. That's what really matters for anything international, and regardless of the outcome would be super bad news for Tech Companies.

 

[biostud]

The thing you should really worried about is that this is RussiaChina testing Biden to see if this is the correct time to invade Taiwan. That's what really matters, and regardless of the outcome would be super bad news for Tech Companies.

Or rather US should move troops into Taiwan and do a Putin. How do you like that China?

 

[FelixDeCat]

Or rather US should move troops into Taiwan and do a Putin. How do you like that China?

We need troops on the moon to secure its resources for development.

It's only a matter of time before we start to hear about it.

The valuable mineral Felixonium is quite abundant there.

 

[brianmanahan]

We need troops on the moon to secure its resources for development.

too late