What stocks are you trading today

[YancyW]

Buying the S&P index, looking to make a quick flip off the Senate passing the House stimulus bill.

This did around +2.25% this morning. Hell of a lot better than a kick in the ass.

 

[mikecatt13]

Thought I would dip my toes in the water today using a very small amount of money just in case i messed up...shorted HOG at open based on their announcement of an Infected employee and closing production...and made 8.9% in about 16 minutes

Maybe I'll stop while I'm ahead...not just for today, period

 

[YancyW]

Thought I would dip my toes in the water today using a very small amount of money just in case i messed up...shorted HOG at open based on their announcement of an Infected employee and closing production...and made 8.9% in about 16 minutes

Maybe I'll stop while I'm ahead...not just for today, period

It's house money now, don't stop! Plus, you have to share that shit, I am up to my eyeballs in work and three screaming kids, I need all the help I can get.

 

[mikecatt13]

It's house money now, don't stop! Plus, you have to share that shit, I am up to my eyeballs in work and three screaming kids, I need all the help I can get.

Didnt want to steer you wrong, I was basically using it as a test just to learn my trading software/app. Looking back about 10 posts can summarize my experience level lol. I dont like being the new guy into things that knows next to nothing and comes across as a know it all after basic research either

But if I find anything else I'll be sure to post and copy and paste the caveat "I am almost clueless but I might try this because..." lol

I'm thinking about buying a bit of DAL at some point before the stimulus package gets voted on next week. Might sell a portion for a quick profit of the package passes, otherwise hold it longer term. They're going to be around a long time, im sure they will have some pretty bad quarters in 2020, at least one anyway, but seems like a pretty safe long term play at the right price. Reference the above cautionary statement lol, just based on my personal inexperienced logic and I'm not risking a ton of capital on it if I try it

 

[Wheels]

Thought there might be price support at DOW 20,000. That didn't happen so not sure where a floor would be. I also don't really trust large up days right now. I can't tell if the momentum is good or if one of the massive players is caught in a short squeeze and calling Mnuchin for money.

Digital currencies have mirrored the stock market when it doesn't seem like they should. Digitals were probably a bubble also and needed some air released. Yesterday it looked like XBT might start separating from the DOW. Today it looked like they separated until the last 20 minutes of the equity market.

I stuck my toe in the water and picked up some XBT. For the last week it has been in a narrow range (relatively). If it breaks out north I will add to the position. If it breaks south I am out of it.

If equities wallow or fall some more, XBT may have some upside possibilities. I still am not big on digitals and wouldn't put a large percent of net worth in them. It just provides a trade that might run counter to the market.



We should resurrect this thread in a year. I am sure it will be good for a bunch of laughs.

This trade, XBT, broke out of its trading range and I have added to the position.

 

[Roddy]

I am looking a ccl. Down 82%

 

[YancyW]

I am looking a ccl. Down 82%

That is bold. My fear is there will not be a bailout, if there is, you will make a couple 100%.

 

[YancyW]

I am betting on a national announcement on travel restrictions, so I am going heavy on the index short funds. Likely will hold until Monday. I am guessing a Sunday announcement, if they don't close the market, it will freefall.

 

[Chukar]

That is bold. My fear is there will not be a bailout, if there is, you will make a couple 100%.

My thought also. I bought as a gamble and also with a long time frame in mind, the dividend will likely get slashed and this isn't an essential to business, whereas airlines I would think are more likely for a bailout. Carnival did a good thing today in offering their ships as floating hospitals. That may garner some favor.

I am betting on a national announcement on travel restrictions, so I am going heavy on the index short funds. Likely will hold until Monday. I am guessing a Sunday announcement, if they don't close the market, it will freefall.

Bold move and I can't really argue with that. With all the local restrictions in place (as of today, I basically can't go to work) coupled with the international travel restrictions, it would follow suite that an internal travel ban is really not unlikely.

 

[mikecatt13]

I am betting on a national announcement on travel restrictions, so I am going heavy on the index short funds. Likely will hold until Monday. I am guessing a Sunday announcement, if they don't close the market, it will freefall.

Such as SQQQ that you referenced earlier in the thread? Excuse me in advance for some silly, basic questions...much like hunting africa and safari planning I enjoy learning and go all out to learn all I can when I get interested in something!

I'll do my best to return the favor someday!

 

[Wheels]

This trade, XBT, broke out of its trading range and I have added to the position.

XBT broke out again and I added to the position for a second time in the last 15 hours. So far it has stayed above the breakout. Perhaps it has decoupled from the market.

USD will probably continue to be the currency of choice going forward. For people other than Americans that don't have great Forex options, XBT might be the answer. Up 17% in the last 24h. Digitals have all moved well today.

 

[375 Ruger Fan]

The VIX or volatility index is starting to drop, perhaps a return to normalcy.

 

[YancyW]

The VIX or volatility index is starting to drop, perhaps a return to normalcy.

View attachment 337105

I still think the national travel ban is going to knock the socks back off everything. But being wrong about that isn't the worst thing, I will lose a ton I have in the index shorts, but overall things will take off.

 

[Roddy]

That is bold. My fear is there will not be a bailout, if there is, you will make a couple 100%.

Looking pretty smart this morning.
Thinking of bailing on my 25%

 

[YancyW]

Looking pretty smart this morning.
Thinking of bailing on my 25%

Take 25% all-day long. That is a couple of years of good return in a week.

 

[Wheels]

XBT broke out again and I added to the position for a second time in the last 15 hours. So far it has stayed above the breakout. Perhaps it has decoupled from the market.

USD will probably continue to be the currency of choice going forward. For people other than Americans that don't have great Forex options, XBT might be the answer. Up 17% in the last 24h. Digitals have all moved well today.

Added to position again on XBT today. Wasn't on a breakout as there doesn't seem to be resistance until around 8000. Just bought on dip. Crypto seems to have severed itself from the markets. This may become a decent upward play if equity markets have issues. The virus may push more people in third world countries away from their sovereign currency.

This isn't a recommendation. Just something to ponder of interested.

All the best.

 

[Roddy]

Ended up selling at 22%. Probably jump back on it later, May or June or when they come up with an effective treatment or vaccine.

 

[YancyW]

Added to position again on XBT today. Wasn't on a breakout as there doesn't seem to be resistance until around 8000. Just bought on dip. Crypto seems to have severed itself from the markets. This may become a decent upward play if equity markets have issues. The virus may push more people in third world countries away from their sovereign currency.

This isn't a recommendation. Just something to ponder of interested.

All the best.

That is a very good point. I would also point out, this global crisis has made clear, the US dollar is the currency the world runs to when they are truly fearful.

 

[Wheels]

That is a very good point. I would also point out, this global crisis has made clear, the US dollar is the currency the world runs to when they are truly fearful.

Agree about the USD. Much of the world doesn't have access to it however. Thus the reason that crypto may actually find a wider footprint than it has in the past.

 

[YancyW]

I am betting on a national announcement on travel restrictions, so I am going heavy on the index short funds. Likely will hold until Monday. I am guessing a Sunday announcement, if they don't close the market, it will freefall.

I jumped back out of the shorts, travel isn't going to happen over the weekend.

When my costs were all averaged, I did around 10% gain.

So right now, I am only sitting on McDonalds and Microsoft.