Talking stocks, trading, and investing in general

[Piobaire]

I just closed out for a $282 loss. Take your lumps and move on is how I work. Last week I collected nearly 3k in tendies and you have to take the good with the bad.

 

[Piobaire]

Slipped in some last minute tendies with a call on TOL to fill out my last PMCC on those longs.

 

[usctrojans31]

FWIW, I think snowflake will be successful as well, and now of several F500 companies that either use, or are in the process of preparing to use it

Perpetual idiot / blowhard Jim Cramer actually once said something smart, "just because it's a bad stock doesn't mean it's a bad company." I also trust Frank Slootman. Same reason I was long ServiceNow when Donahoe left and McDermott came in.

 

[Omega Male]

This is quite persuasive.

The Best Macro Indicator

mailchi.mp

Figure 3: Real GDP Growth, High-Yield Spread Signals and Top Performers by Business Cycle Stage

 

[brokencycle]

This is quite persuasive.

The Best Macro Indicator

mailchi.mp

Figure 3: Real GDP Growth, High-Yield Spread Signals and Top Performers by Business Cycle Stage

View attachment 1611169

What has this persuaded you to do?

 

[Omega Male]

Make more coffee and go take a dump.

 

[Piobaire]

Thinking about moving 20% out of the S&P and into a high yield bond fund...except there are none of those at this moment. Also thinking about some protect puts. Think I need to go price them today.

 

[brokencycle]

I'm thinking about burning cash as a hedge against inflation.

 

[gnatty8]

I'm thinking about burning cash as a hedge against inflation.

I'm thinking about spending as much cash as I can as a hedge against inflation

 

[Piobaire]

SPY puts are surprisingly costly. Jan 21 300p for about $520. Makes ya wonder what the market is indicating there...

 

[Omega Male]

I'm thinking about burning cash.

LMK if you need any consulting support. Kinda my life's work right there.

 

[brokencycle]

I think you are all misunderstanding me. I'm thinking about literally burning cash.

 

[lawyerdad]

I think you are all misunderstanding me. I'm thinking about literally burning cash.

View attachment 1611191

Don’t forget the frozen banana stand.

 

[Piobaire]

Okay, Aug 300p for about 160 a contract. That's basically about the dividend pay out is every six months for a contract of SPY. Free 25% downside insurance?

 

[HRoi]

I'm thinking about burning cash as a hedge against inflation.

I'm thinking about spending as much cash as I can as a hedge against inflation

I gave my cash to the IRS as a hedge against inflation