1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

STOCK MARKET: Let's talk stocks and investing

Discussion in 'BBS Hangout' started by SWTsig, Jun 2, 2008.

  1. noscrusir

    noscrusir Contributing Member

    Joined:
    May 20, 2002
    Messages:
    1,784
    Likes Received:
    430
    Bought a couple CRM 6/05 calls as an earnings play following @adoo . Up 15% on the day so far. Risky options plays have been hitting lately. This one looks solid hopefully.
     
  2. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    9,511
    Likes Received:
    6,049
    so, that's how you spend your stimulus check

    just to clarify, i don't give tips/advise; but i share information
     
    #10082 adoo, May 22, 2020
    Last edited: May 22, 2020
    noscrusir likes this.
  3. noscrusir

    noscrusir Contributing Member

    Joined:
    May 20, 2002
    Messages:
    1,784
    Likes Received:
    430
    Haha I dabble in short term options which are pure gambling. In equities, I've been looking for value & dips in solid companies to add to my long positions. Both have been working so far and I'll keep adjusting as I keep learning. Just a novice retail investor and appreciate all the info shared on this board.
     
  4. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    45,156
    Likes Received:
    31,111
    I don't know anything about when Stripe is going to IPO, but people have been waiting on it for a while, but then they've been waiting for Airbnb, Instacart, etc. to do it, as well.
     
    saitou likes this.
  5. peleincubus

    peleincubus Member

    Joined:
    Oct 26, 2002
    Messages:
    25,313
    Likes Received:
    13,165
    Does anyone here use M1finance? How is money allocated when you buy? For example you have 50% On both Amazon and AT&T. You put $1000 into that or whatever amount does it split $500 each. I assume not.
     
  6. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    45,156
    Likes Received:
    31,111
    I thought that's what it would do on the initial funding. I looked at it a while back, but never started an account. I thought the biggest reasons for using it were for people that don't want to be bothered with details or want to take advantage of fractional shares in stuff they couldn't buy a whole share of. It seemed kind of like robo-investing.

    You're talking about their "pie" investing, right? If so, this is how I understood it, but you should ask them : if you have $1000 and you want to go in on a 50/50 allocation of AMZN and T, your initial split would be $500 into each. From that point on, if AMZN takes off and T tanks or stays where it is, let's say your balance in your account becomes $600 AMZN and $500 T. Your next automated deposit or whatever wouldn't necessarily be 50/50, since you're no longer at 50/50 weighting. I believe from this point on, they'll try to bring your portfolio back to a 50/50 weighting by dumping more of your deposit into T than in AMZN. But again... ask them to be sure.
     
    peleincubus likes this.
  7. saitou

    saitou J Only Fan

    Joined:
    Jul 20, 2003
    Messages:
    3,490
    Likes Received:
    1,503
    Started a position in UNA today. Will accumulate if it goes down:
    - price recovery is lagging slightly behind peers like PG
    - Dividend for May was uncut
    - they've been quick to switch and ramp up production lines for sanitisers which have been selling out
     
  8. KingCheetah

    KingCheetah Contributing Member

    Joined:
    Jun 3, 2002
    Messages:
    55,911
    Likes Received:
    47,623
    [​IMG]

    Still just sitting there.

    @Oil_Witch
     
    Buck Turgidson likes this.
  9. Air Langhi

    Air Langhi Contributing Member

    Joined:
    Aug 26, 2000
    Messages:
    21,617
    Likes Received:
    6,244
    Driving looks like it is getting back to normal. US companies aren't drilling. Shale wells decline about 30%/y. All the middle eastern countries are cutting like crazy. I bet we have a massive swing the other way.
     
  10. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    9,511
    Likes Received:
    6,049
    in addition to monitoring BX, CRM MSFT, SBUX,

    have constructed a LEAP calendar call spread, awa a bullish Put spread on JPM,
    the best in class in an out-of-favor industry.

    always admire its CEO Jamie Dimon, who, after announcing a ~$5.7 B writeoff for potential bad debts, painted a bleak picture for 2020;
    the most optimistic scenario calls for a 2021 recovery

    [​IMG]

    gonna use time to work for me; constructed these plays

    • buy this call calendar spread, net $9.00
      • sto july 2020 95 CALL
      • bto Jan 2022 95 CALL
    • sell this bullish put spread (credit of 2.15)
      • sto Jul 2020 85 PUT
      • bto Jul 2020 90 PUT
    the goal is to keep rolling up on the front leg of the calendar, awa the bullish put spreads---collecting more premiums---
    such that by 2021, the back leg of the calendar spread will be all paid for.
     
  11. astros123

    astros123 Member

    Joined:
    Mar 28, 2013
    Messages:
    9,415
    Likes Received:
    6,766
    Just like I predicted. Latam airlines was going file for bankruptcy. I predicted this and everyone thought i was crazy. Massive gains $$$
    https://seekingalpha.com/pr/1788086...ganization-to-ensure-long-term-sustainability

    Oil on its way to 40 dollars before OPEC meeting before we see a sell-off. Man what an amazing few months. Best few months of my trading career. Holla trolls
     
    CCity Zero and saitou like this.
  12. saitou

    saitou J Only Fan

    Joined:
    Jul 20, 2003
    Messages:
    3,490
    Likes Received:
    1,503
    Very nice. Did you short LTM?
     
  13. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    9,511
    Likes Received:
    6,049
    the dow is up > 500 on a day when the 3 horsemen (AAPL, AMZN, MSFT) are down, albeit slightly, suggesting that
    the market is broadening.
    the market broadening says that BX is not in a triple top formation.

    the 3rd time is a chime, on the 3rd try in 3 wks, BX is breaking away from the 100 DMA, ~ 53.4,
    • it'd not be far-fetched to say that BX is gonna be > 60 soon

    [​IMG]
     
    whag00 and CCity Zero like this.
  14. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    45,156
    Likes Received:
    31,111
    Damn, everything's going up. Especially the recent "garbage". :D
     
    CCity Zero likes this.
  15. astros123

    astros123 Member

    Joined:
    Mar 28, 2013
    Messages:
    9,415
    Likes Received:
    6,766
    I'm holding a huge majority of the put options out there for ltm lmao. Like I said there was no country that had money to give them for a bailout. Chile was going through massive left-winged protests and they weren't going bailout a billion-dollar company. Brazil was going to favor their domestic airlines before Latam and Colombia and Mexico had no money to bail out Latam. I have 35k contracts(technically 3.5 million) of put's and up 4x on my investment. I use to play poker high stakes and play options market as a high stakes game. I have a pretty big appetite for risk and like to play big on 3-4 plays. I'm still big on Caterpillar and loaded up again today for November call options. I think we get a big infrastructure bill.

    Whats funny is that for the past 3 weeks every major investment website has been pumping articles about buying Latam because it had so much "value" as it was trading at a 70% discount. Hedge funds trying to pump their bags before the capitulation. I think Azul comes out of this as South America's largest airline in 5 years and will be
     
    #10095 astros123, May 26, 2020
    Last edited: May 26, 2020
    saitou likes this.
  16. whag00

    whag00 Contributing Member

    Joined:
    Jun 19, 2003
    Messages:
    5,611
    Likes Received:
    3,587
    Banks broke out today. What do yall think is the best way to play it? I like kbe personally because it's a good blend of big banks and regionals. JPM is probably the way to go if you are looking for individual companies.
     
  17. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    45,156
    Likes Received:
    31,111
    I like JPM simply because I like Jamie Dimon, but I've owned BAC for a while and bought more a month or two ago during the downturn just to DCA. I'd be careful. When you say "banks broke out", keep in mind everything broke out and many have been breaking out recently. Most of the breakout has been around "value" stocks or stocks that have been beat up like casinos, oil, automakers, banks, cruise lines, etc. All the stuff that did well during the downturn like tech stayed flat or fell back a bit in a bit of a rotation of sectors. If you're into big banks like JPM, I don't think KBE is the way to go, though. I don't think they have much, if any exposure, to those types of banks. KBWB is a better play on the big banks.

    Also keep in mind, just like everything "broke out" today, everything can just as easily break down tomorrow. lol.
     
    #10097 Dr of Dunk, May 26, 2020
    Last edited: May 26, 2020
    CCity Zero and whag00 like this.
  18. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    45,156
    Likes Received:
    31,111
    Edited my above post to change KBW to KBWB ... letters matter in this stuff. :oops: Sorry!
     
  19. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    9,511
    Likes Received:
    6,049
    not really

    [​IMG]

    this is the bank/financial ETF. the COVID-19 peak-to-trough decline was ~ 15 pts. even w the 5+% gain today,
    the financials has retraced only ~~ 1/3 of the COVID-19 decline started in early March


     
  20. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    45,156
    Likes Received:
    31,111
    The XLF is more of a "financials" ETF than a pure bank play. About 15% of it is Berkshire Hathaway stock and another 20% of it is in JPM and BAC. So that's about 35% of its value tied up in 3 stocks of which 15% is some type of conglomerate with a ton of non-banks in it. Also, the majority of its non-Berkshire holdings is heavily-weighted towards huge banks. I'm always wary of banks, but XLF is more "financials" than banks (though in many cases they're performing similarly). KRE, KBE, and KBWB may be better indicators, although all their charts probably look the same about now.
     

Share This Page

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now