Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. tradercane

    tradercane Well-Known Member

    I bought the AMZN 650 calls expiring tomorrow with earnings coming out tonight.
     
  2. tradercane

    tradercane Well-Known Member

    Well that didn't work out real well.
     
  3. je ne suis pas ici

    je ne suis pas ici Well-Known Member
    Donor

    oh good god AMZN is fucking dead
     
    Rabid likes this.
  4. * J Y *

    * J Y * TEXAS
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    What did you base the purchase on?
     
  5. tradercane

    tradercane Well-Known Member

    I bought the calls in AMZN the last 3 or 4 qtrs and done very well each time. I knew that it would backfire eventually but I had to keep pushing my luck until I was wrong which is exactly what happened today.
     
  6. Rabid

    Rabid Fan of: DQ Treats
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    Minnesota Golden Gophers

    Looking at AMZN intraday and after-market makes me feel like it is 2000 again.
     
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  7. DollarBillHokie

    DollarBillHokie Usher is the worst
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    It is crazy. You have the FANG stocks and then you have Pandora which grew revenue 30% yoy and dropped 50%.
     
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  8. RoyalShocker

    RoyalShocker But I don't wanna be a Nazi
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    Uh oh

    image.png
     
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  9. LSU90

    LSU90 Well-Known Member

    So I signed up for personal capital just to check it out. I like it but imo it serves a completely different purpose than mint. Personal capital is superior in that it has no ads and its investing support and features are phenominal for the casual investor. It terms of budgeting mint takes the cake. Thanks for the reference though I am going to use both.
     
  10. Corky Bucek

    Corky Bucek Placeholder for a Custom Title
    Staff Donor TMB OG
    Auburn TigersLos Angeles LakersLos Angeles RamsAnaheim DucksManchester UnitedLos Angeles Angels of Anaheim

    Need some details my friend
     
  11. je ne suis pas ici

    je ne suis pas ici Well-Known Member
    Donor

    The U.S. economy only grew 0.7% between October and December. It's the slowest pace since the first quarter of 2015, when the economy grew at a 0.6% pace as parts of the country battled with blizzards and businesses shutting down.

    ---
    yeesh, but dow opened higher after bank of japan is going with NEGATIVE interest rates
     
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  12. I'll Give You Asthma

    I'll Give You Asthma speak hate, get a plate, eat cake...bitch
    Donor

    What a time to be alive!
     
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  13. je ne suis pas ici

    je ne suis pas ici Well-Known Member
    Donor

    :ALLISWELL:
     
  14. tradercane

    tradercane Well-Known Member

    For those that question why I buy options in ultra volatile stocks check out LNKD and DATA.
     
    beist likes this.
  15. tradercane

    tradercane Well-Known Member

    Just for the record I wasn't in either LNKD or DATA but moves like that are why I trade options before earnings. I usually buy the put options in LNKD but I didn't even realize they were coming out today. Normally I research what earnings are coming out each week but I never got around to it this time.
     
    tmbrules likes this.
  16. je ne suis pas ici

    je ne suis pas ici Well-Known Member
    Donor

    The global economy seems trapped in a "death spiral" that could lead to further weakness in oil prices, recession and a serious equity bear market, Citi strategists have warned.

    Some analysts — including those at Citi — have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and the U.S.

    "The world appears to be trapped in a circular reference death spiral," Citi strategists led by Jonathan Stubbs said in a report on Thursday.

    "Stronger U.S. dollar, weaker oil/commodity prices, weaker world trade/petrodollar liquidity, weaker EM (and global growth)... and repeat. Ad infinitum, this would lead to Oilmageddon, a 'significant and synchronized' global recession and a proper modern-day equity bear market."
     
  17. Rabid

    Rabid Fan of: DQ Treats
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    Minnesota Golden Gophers

    See:
     
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  18. Doc Louis

    Doc Louis Well-Known Member
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    so amazingly glad i had tableau and sold once it started to drop under $100/share. some idiot somewhere still has it. SAP though should hold up.
     
  19. allothersnsused

    allothersnsused Wow that’s crazy
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    That idiot is my roommate, and he is a grump today.
     
  20. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    I'm young enough that I'm almost hoping for a recession of some sort. Of course, I'd hope it doesn't affect my job, but I really wouldn't mind seeing stocks drop significantly
     
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  21. Room 15

    Room 15 Mi equipo esta Los Tigres
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    I got close to buying it a while back, because I think they have a solid product. It's just not proprietary though so when Amazon comes in, bye bye.
     
  22. Doc Louis

    Doc Louis Well-Known Member
    Donor

    I'd signed on for the demo for Amazon's, but really feel like it has a long way to go to be as accessible as Tableau is as far as ease of use goes. Then again there are still some things about Tableau's that could be a lot better that otherwise require creative problem solving to figure out.
     
  23. pockets

    pockets Lesser-Known Member
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    Alabama Crimson TideNew Orleans PelicansNew Orleans Saints

    Your lack of upward mobility and stagnant wages will definitely outweigh an extra 3-6% in returns in a young person's portfolio. I'd hope the economy does better if I were you.
     
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  24. JohnnyChimpo

    JohnnyChimpo This man, Lenny Pepperidge, AKA Lenny the Pep...
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    I think it's natural to want a little dip in some stocks if you don't have a lot of capital deployed in the markets yet. However a full blown recession isn't good for anyone.
     
    High Cotton likes this.
  25. beist

    beist Hyperbolist
    Donor

    If someone lived rent free with their parents in metro Detroit and worked in bankruptcy and restructuring advisory in the automotive industry for the entirety of the last full blown recession, I think that person would say it was good for them.
     
  26. The Banks

    The Banks TMB's Alaskan
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    I assume he's referring to him having plenty of disposable income and hoping the market keeps dipping for the short term (18 months) so he can buy low on a lot of good stocks and make even greater investments than he would if he invested now. All the while knowing that hes not retiring for another 30ish years so might as well get a 10% or so head start on that compound interest. He's not wishing for a crash where he loses his job or such a stagnant market that he can't move up the ladder.
     
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  27. pockets

    pockets Lesser-Known Member
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    Yeah, but I'm not sure timing the market is a good strategy either. For anyone.
     
  28. tmbrules

    tmbrules Make America Great Again!
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    Recession is good for me. I tend to do better when the economy goes into recession and I get to average into my (long-term) investments at lower prices.

    Of course for the masses recession is not good but open your eyes a little and you will see pockets of opportunity.
     
  29. Joystick Izzy

    Joystick Izzy Well-Known Member
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    Does anyone here use Betterment? I read an interesting article about investing your safety net/emergency fund in a moderate risk portfolio vs letting it rot in a savings account. The odds that I need my safety net/emergency fund are pretty low, so it seems like a pretty good idea over the long-term for me. I was just curious if anyone had any experience with Betterment's safety net setup.

    Here's the article I'm referencing: https://www.betterment.com/resource...ty-net-funds-why-traditional-advice-is-wrong/
     
  30. Frank Martin

    Frank Martin tough love makes better posters
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    I would do wealth front because it's free for your first 10k
     
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  31. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    That's why I said so long as it doesn't affect my job, which I have no reason to think it would. As you guys pointed out, I reallly don't want the economy to go into a full recession, I'd just like to see stocks take a dip.
     
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  32. RoyalShocker

    RoyalShocker But I don't wanna be a Nazi
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    Chesapeake Energy is having an ORIG of a day today. Down 36% amid bankruptcy/selloff talks. One of the largest natural gas producers in the United States.

    Oil back below $30... Start to wonder if these companies are going to fall one after the other.
     
    watson likes this.
  33. TheDKALife

    TheDKALife Well-Known Member

    At what point do you bite the bullet and jump in? SDRL is only 1.86 (obviously a lot of risk/debt is why, but I still think they're too big to go bankrupt and other companies would buy them out.) I also like BCEI and APC.

    I don't know much about stocks. But I read somewhere that anything below $27 a barrel, companies don't see a profit. So they'd shut down. Lower the supply. Price goes up? :justsayin: Someone school me. Thanks in advance.
     
  34. tmbrules

    tmbrules Make America Great Again!
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    If you keep in mind that Saudi Arabias goal is to bankrupt some of these companies then I would bet several will go under. Only the ones with the strongest balance sheets will survive.
     
  35. Gotch Yarbrough

    Gotch Yarbrough Canada eh?
    Donor

    Deepwater drillers will be some of the last to recover. Their break even has to be higher than that.
     
  36. RoyalShocker

    RoyalShocker But I don't wanna be a Nazi
    Donor TMB OG

    So, Saudi Arabia dumping oil in the short-term to eliminate competition for the long-run?
     
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  37. I'll Give You Asthma

    I'll Give You Asthma speak hate, get a plate, eat cake...bitch
    Donor

    Yep. Also oil movements have had a very high correlation with the broad trade weighted dollar index since summer of 2014. Currency wars between US and China seem to be playing a role in driving oil lower lately as well.

    edit: correlation is inversely related. Dollar is pumping while oil is dumping.
     
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  38. RoyalShocker

    RoyalShocker But I don't wanna be a Nazi
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    Talks of the United States following EURO and China into a recession as well will be bad news bears for oil.
     
  39. tmbrules

    tmbrules Make America Great Again!
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    Well, yeah thats obvious. But How far and how long is the question. I personally think that until you see some of these companies go bankrupt the price of oil / natural gas will be under pressure.

    Also, yet to be determined is how much power OPEC still has. I think the cartel has lost a lot of power with the geopolitical changes in the Middle East.
     
  40. tmbrules

    tmbrules Make America Great Again!
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    From what I ve read, the cost to frack a barrel of oil is more like in the $50's $60's. This is backed up by the fact that the rig counts started free falling when Oil fell into the 50's.

    The supply is lower, but not low enough. Its going to take a year or two for the energy market to find equilibrium.
     
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  41. Rabid

    Rabid Fan of: DQ Treats
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    Minnesota Golden Gophers

     
  42. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Good news guys, as of today, all my current individually picked post-tax stock holdings are officially in the red. Please don't all PM me at once for stock picks.
     
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  43. RockHardJawn39

    RockHardJawn39 #FranklinOUT
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    My non retirement account is down about 50% from last summer. My O&G stocks tanked and my biotech mutual fund (fbiox) that I was up huge on completely tanked recently.
     
  44. Frank Martin

    Frank Martin tough love makes better posters
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    South Carolina GamecocksBaltimore OriolesBaltimore RavensLiverpool

    pretty much everyone is in the same boat if they're new to the market like we are.
     
  45. JohnnyChimpo

    JohnnyChimpo This man, Lenny Pepperidge, AKA Lenny the Pep...
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    Seriously fuck 2016
     
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  46. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    My post tax holdings (all purchased some time in last 18 mos) and current sentiment on them:

    AAPL: not worried at all
    GILD: not worried at all
    ZOES: not worried at all
    DIS: slight worry (feel good about everything except cable subscriber situation)
    COP: Not optimistic in near term, expect a rise at some point but not sure I'll be getting back to my starting point
    AMC and CKEC: worried, not optimistic about either over next 12 months
    SDRL: I've already written this money off.
     
  47. je ne suis pas ici

    je ne suis pas ici Well-Known Member
    Donor

    right on yearly lows

    netflix at 81 now, amazon done fucking dropped like a rock.

    :warn:

    doooom
     
  48. * J Y *

    * J Y * TEXAS
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    Texas LonghornsTexas RangersSan Antonio SpursDallas Cowboys

    Guys go find an advisor and quit throwing money away trying to time the market and pick stocks.
     
  49. JohnnyChimpo

    JohnnyChimpo This man, Lenny Pepperidge, AKA Lenny the Pep...
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    Nebraska CornhuskersCleveland BrownsCrystal PalaceCleveland CavaliersCleveland IndiansPGAGrateful DeadNebraska Cornhuskers alt

    Even the best advisors are bleeding money at the moment.

    Hiring an advisor would be just paying someone to throw money away that's trying to time the market and pick stocks
     
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  50. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Meh, I only pick my own stocks with money I consider expendable, and it's not much money. This is basically my blackjack money.

    All the money I actually need is properly diversified and under the supervision of professionals.
     
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