Official Investing Thread

I probably would have held a little longer if I had only bought calls. Since I played both sides of the trade I didn't have much of a profit and didn't want to lose any more of my gains in it.

 

Any suggestions on who to refi with?

 

student debt? yes. pm me

 

Was going to sAy mint

 

The Amazon chase card?

 

Check out wikinvest.com

 

Im all about that spreadsheet life

 

As a company - they have a few deals depending on your net worth, and theyre probably the best run company on earth. Would trust them with every dollar I have.

 

I wish I saw this discussion earlier, as a former options guy I could have helped suggest a creative way to go short via options (really just buy puts - unless the volatility blew out). I don't really go on this board that much anymore though...

In other news, my China investment plays made money (could have been so much more if I wasn't greedy) but I am bleeding out in LNCO. Bought some CLR but that might be pre-mature as well. Such a tough call, when everything is selling off people make it sound like it will never recover, when everything is breaking new highs, people make it sound like it will never sell off.

 

ha I know, but they kind of go hand-in hand. They've been doing well in all of their major target areas, and they really took off after 2008. Their investments mature in ~6 years generally, so their great post-2008 deals are starting to roll in. I bet you'll see good numbers.

 

What are you investing in for China, or were?
Edit: I've got positions in HKEX(388), Tencent(700), and Conch Venture(586) in the HK market. They are down about 15% at the moment, but I think the HK market has bottomed and will be buying more in the coming days.

 

Google added $50B in market cap today so that's something

 

Apple is projected to post 53B in profits this year. Most of all time.

 

I agree with this. Money could probably be made, but super risky in the short term. I think it's a relatively safe long term investment with good upside, but if my time frame was in weeks or months rather than years, I wouldn't be in oil

 

hi yes, just give me 500$ back for all the apple shit please, thank you. only $52,999,999,500 left

 

3D systems earnings report July 30th and I'm dreading it. I own about 100 shares in an old IRA that were bought in the upper $40s, with the stock now under $16. It's one of those things that no matter how much I want to ride it out, it'd be so satisfying to just cut and run and at least not have to stress it eventually going to $0. If there is any good news and the stock bounces after earnings, I'll be struggling with whether or not to sell. If it goes further down, I'll be kicking myself for not selling already.

On a positive note, ZOES, APPL and GILD continue to go the right way. AMC seems to be heading there now too and I'm excited about that earnings report in 2 weeks.

 

I've been shorting the hell out of it via triple leveraged bear ETFs and buying puts on other ETF indexes.

 

How long do you think before it rebounds? Do you think natural gas will pick up in Q1 when dominion starts exporting?

 

Thoughts on PYPL? I think it was first but not necessarily the best. Still think it might be a buy.

 

I dont know how long it will be. For the foreseeable future I would think that there has to be a ceiling on OIL around the $75 area as thats what it seems to cost to make a barrel of oil out of shale. The price will be under pressure while the industry keeps adjusting to that new reality.

I have never followed natural gas so no comments there.

 

I bought the AMZN 540 calls that expire on Friday. They have earnings Thursday after the close so I am once again rolling the dice.

 

I think AAPL reports after the close Tuesday?

What is your play there? Im thinking about buying some puts. I think the apple watch sales are going to be less than anticipated.

I might piggy back your AMZN play, but will probably wait until Wednesday to buy anything.

 

As of now I am staying away from AAPL but I agree that puts are probably the side to be on.

 

CMG has earnings after the close tomorrow but I always lose on that one so no options there for me either.

 

This was a great call by the way. It closed close to $115 on expiration and today opened up down 3.5% while the market is unchanged.

 

Gonna be watching AAPL today. If it trends higher before earnings i might buy some puts. The straddle was trading ~ $6.50 yesterday so its implying about a 5% move. My main reason for wanting to short aapl was because I think the apple watch is going to be a let down. However, I read that the watch wont have any significant impact on these earnings and sales figures wont be separated out, only aggregated into an "other products" category. Needless to say my short conviction is not strong here and any trades will probably be small.

Another thing i was wondering about is that AAPL iphones sales have been growing in china, yet the dollar has gotten stronger. Companies like IBM, KO (big multi-nationals) have cited currency headwinds in their earnings so curious if AAPL will face the same.

 

I own AAPL in real life, so I shorted it in the investopedia simulator, win-win right??

In the next week and a half or so, most movie theater chains will be reporting earnings. Pretty anxious to see if my predictions about huge box offices leading to profits will come true. Carmike is in my home town and the whispers on the interwebs are predicting a fairly big quarter. AMC is the only one I own unfortunately.

 

Closed at $131 and trading down to $120.5 after hours. Thats a huge move as the straddle was trading $6.3 on the close. Longs (options) win again. Unfortunately I was too busy with my day job to take advantage of this move.

 

I hope someone piggybacked this one.

 

You killed it on that one!

Unfortunately I didn't get a trade off.

Nice call!!

 

Fucking A... Amazon posted a profit.

 

What are people's thoughts on USO (etf)?

 

http://www.cnbc.com/2015/07/24/hill...crease-in-short-term-capital-gains-taxes.html

Hillary proposing to sharply increase short term capital gains rate.

 

Fucking cunt.

 

Not in the top bucket yet. How would this affect me?

 

You don't need to be in the top bucket to be affected. If you make any trade and hold it for less than 6 years you will pay more.

 

My knowledge on this is limited to strictly what is in the link above, but that article only discusses changes in the top bracket.

 

6 years is considered short-term?! Don't get me wrong, I buy into Buffet's buy and hold forever strategy, but if I buy something and hold it for 5 years then get heavily taxed for short term gains I'd be pretty pissed.

 

I'm not 100% sure either. As far as i know capital gains are not dependent on income level, except the 3.8% Obamacare tax that only kicks in on people with incomes over ~ $200k. It does say top earners so Im a bit confused myself. Maybe she has a way to implement it thats not in the article? Im sure we will get more details soon.

 

Yeah its another short -sighted solution. Who is going to want to commit capital to something for which you have to hold for 6 years? It will definitely reduce liquidity and risk taking and therefore hurt businesses.


In fairness it is a sliding scale so someone holding for 5 years will pay less than someone holding for only 2.

Wall street, i thought liked Hillary in general, but they wont take this lying down as it will signifigantly impact their business.

I prefer limiting risk taking by other measure that have been implemented recently. Make peoples pay packages tied to the long term success of a business by tying their bonuses up for 3-5 years.

 

I guess I got a little lucky with my AMZN 540 calls. It opened around 580 and is now down to 540.

 

It wouldn't.

 

tradercane tmbrules

Would it make sense for me to sell my oil stocks then buy them right back and claim the loss for taxes?

 

You can't claim the losses if you repurchase the stock within 30 days.