OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[johnnyredstorm]

JMIA looks strong here so far. Let's see if we can get a good follow through day in tech.

SE earnings were solid, tuck that one away and check it in a decade.

ROKU offering is good and smart, gives them some cash for the Nielsen deal. Hopefully it sells off.

 

[crownedhead]

Ok that word is over used

Don't mind me. I absolutely get what you're saying.

I hold a good amount of Nio still and it's been kinda very meh in the past few months.

 

[johnnyredstorm]

Couple of tweaks today: Sold my $CURI shares and instead bought a risk reversal. August 15-25 call spread, selling the 15-10 put spread for .60. $TDOC bought the Jan 22 280-300 call spread, sold the 200-195 put spread for 2.50.

This increases my r/r in CURI, obviously increases risk in theory, and gives me more exposure in TDOC.

Main goal was to create some cash while staying long and getting longer.

 

[206to813]

Listened to the new Pounding The Table pod this morning... got me wanting in Lucid

 

[johnnyredstorm]

Honestly, $30 is the most I'd pay for Lucid. I'd prefer 25 or less. But if you start into it with a starter and gauge it's performance, it could work. Cult following. Hasn't had it's bounce yet. Jony Ive is associated so all you need is one Apple Car rumor to spike it.

 

[frankmatthews]

So what we doing today? Market feels shakey. I watched the volume on individual names yesterday across the board and it was noticeably low. Good breakouts, low volume. I cant call it.

But man I'm starting to get good at calling bottoms. Unfortunately it's my stop losses and not my entries smh. Drives me crazy every time.

 

[B Sox]

TTCF seems decent from a growth standpoint but margins are always tougher on non tech stocks. Not a bad idea at a smaller allocation.

Speaking of non-tech, UTZ has done well for me since their IPO.

 

[atransta]

Don't mind me. I absolutely get what you're saying.

I hold a good amount of Nio still and it's been kinda very meh in the past few months.

I only have 94 shares of Nio but i'mma hold and keep adding on the dips

 

[johnnyredstorm]

Listened to the new Pounding The Table pod this morning... got me wanting in Lucid

Yeah I might become a buyer here

 

[dragonnife]

After listening to the podcast, I’m considering on selling all of my Nio and buying lucid instead.

 

[cragmatic]

After listening to the podcast, I’m considering on selling all of my Nio and buying lucid instead.

Are we talking CCIV when referring to Lucid?

 

[johnnyredstorm]

CCIV starting into this slowly by selling the Jan 23 20-15 put spread for 3.60. Very small position on this (sold 3 put spreads). Will be looking to enter into some stock at some point.

 

[thekillerj23]

Added some PTON as it’s dipping again, missed boat on SQ last week smh.

 

[essential1]

Student loan debt making me put a few months pause on going in as hard as I want to on some stuff.
(I’m doing pretty well with my positions too).

Somebody cue the McNulty gif.

 

[noskey]

Thought the markets had gotten a foot hold to climb more today. Nope. So far SQ and GME only things looking good for me.

 

[johnnyredstorm]

Careful out there, still not out of the woods. Need to see QQQ hold 318.62 to feel confident

25 shares of CCIV at 28.82. Will leave it forever.

 

[atransta]

Added some PTON as it’s dipping again, missed boat on SQ last week smh.

Yeah regretting not getting SQ last week at $230 ish range. dropped $2k in other things but maybe should have diversify

 

[wballz]

Thought the markets had gotten a foot hold to climb more today. Nope. So far SQ and GME only things looking good for me.

Yup, sq bouncing off nicely from its bottom channel. It should reach $270ish by April. Good time to buy some May calls for this. Easy $$$.

 

[dragonnife]

Are we talking CCIV when referring to Lucid?

Yeah.
If you go to the 24” he explains his stance on CCIV.

 

[Beruseruku Desu]

$RKT just blew

 

[Beruseruku Desu]

Thank u $RKT

 

[noskey]

Wow the squeeze actually hit. RKT to the moon.

 

[GreenNGold89]

Dumped RKT on Friday.

Wasn’t it in long term so whatever but smfh.

 

[southernhospita]

I thought AMD share holders had it bad
But TWTR has to be a easy short

 

[skaterplayer808]

Damn, I didn't believe in RKT. No FOMO'ing now, but wow. I'll be cheering from the sidelines