OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[lazyj10]

Anyone use the chat room stuff on ToS?

Edit: TSLA >$500!

 

[2163O1baller90]

Very close today...

500 after-hours today

 

[degenerate423]

There goes TSLA. Should have picked up that $560 options call.

 

[degenerate423]

From one of the mailing lists I’m subscribed to (I won’t be shorting though):

 

[アミーゴ]

You’re all welcome - send me my gawd damn 3%

 

[johnnyredstorm]

ZM with 355% revenue growth yoy. Jesus.

 

[xbiker47]

This market does not stop

Wow at zoom

 

[noskey]

ZM holy ****.

 

[johnnyredstorm]

Man I should’ve bought some ZM at 353. Thought it was done running for the day.

also passed on DOCU today because of earnings and wanted to be a little conservative. Welp. Onto the next one.

 

[DeadsetAce]

5 day crossed the 13 day on PINS today....

 

[johnnyredstorm]

So reflecting on ZM and why I don’t own it I can across two things I need to consider doing:

If I see a strong fundamental growth story be in it and don’t get shaken out

in order to take advantage of as much opportunity as possible, open my book up to 20 names (currently 15) with an average size between 1-3k. This way I get exposure to every great stock I see that I like fundamentally and I manage my risk upon entry with no one position being too high and capable of bringing down my whole book

 

[johnnyredstorm]

5 day crossed the 13 day on PINS today....

40 this week if the market doesn’t pull back.

 

[heatpinoyboy]

Man ok. I work in tech and im clearly behind on understanding stock. I have a Charles Schawb account and auto sell my RSUs and a healthy 401k but that's it.

Where can i get started understanding all of this stuff. I'm clearly missing out. Reading materials? basic 101s? do i just throw everything at FAANG? Any help would be appreciated

 

[ShoeGod1423]

After the earnings ZM reported last time that were CRAZY and now seeing this earning reports.... can they make it 3/3 next earnings?

 

[tomdiginson]

After the earnings ZM reported last time that were CRAZY and now seeing this earning reports.... can they make it 3/3 next earnings?

With everyone working from home, more than likely. Schools and organizations that haven't already will be moving towards using video conferencing software and right now, Zoom is it. Most retailers are out of equipment for work telecommuting/working from home. Headsets and other equipment are sold out at big retailers and are being sold at a higher markup by 3rd party sellers. Reached out to a rep to order some equipment and they were telling a number of items are back-ordered.

 

[tay1]

Tsla can just never chill. Damn.

 

[drefromjersey]

I think I will pass on buying $AAPL right now until after Nov. I don’t see it moving crazy by then but could drop for the low depending on the outcome of the election.

 

[iheartboost]

ZM... mother of GOD

Copped a 3 piece of both AAPL and TSLA this morning. I also made moves on PTON, ETSY, FVRR, CHWY and RKT. Plotting my next move...

 

[johnnyredstorm]

I think I will pass on buying $AAPL right now until after Nov. I don’t see it moving crazy by then but could drop for the low depending on the outcome of the election.

Make your decisions on fundamentals and price action and not on what you think stocks should do. Read and react don’t predict and expect.

 

[johnnyredstorm]

Keep an eye on AYX PYPL and BABA today.

 

[tupac003]

From the group:

Here is a fun NFLX 9/11 spread. 350% profit if you hit jackpot $580 target on 9/11, but guaranteed 126% gain no matter how high it runs when it comes down that slope. Breakeven is at $548. Around 240% profit at $570.

 

[jrp44]

ZM calls up like 2500-2000% lmfao

CHWY looking good

 

[jrod54life]

are we finally gonna see PINS and FSLY go ?

 

[DCAllAfrican]

At this point should I even bother with Zoom? This isn't sustainable is it?

I come in ignorance.

 

[tupac003]

PayPal finally running. Glad I averaged down on my contracts yesterday when they hit .76. Up to 2.50 and counting.