When I did have money, I invested opposite of Cramer and had some nice gains.xc_hide_links_from_guests_guests_error_hide_media
Same for this guy. It's pretty funny. He's a good follow. I definitely believe in contrarian indicators.When I did have money, I invested opposite of Cramer and had some nice gains.
The delay in investing, maybe you don't make the same gains as the inside trade timing of the actual ones made by congress people?I just bought into the Unusual Whales ETFs KRUZ and NANC.
NANC and KRUZ ETFs
The Unusual Whales Subversive KRUZ Republican ETF and NANC Democratic ETF allows you to invest alongside Republicans and Democrats in Congress as they trade, in a low cost, simple ETF, tracking their trades as they are revealed.unusualwhales.com
They're delayed a bit. I think up to a month but don't quote me on that. When it comes to congressional stock reform I think a minimum change should be requiring same day or at most next day reporting of trades. If they're going to get to insider trade then they should be immediately transparent.The delay in investing, maybe you don't make the same gains as the inside trade timing of the actual ones made by congress people?
I took advantage of the banking instability to open and build a position in SCHW. I've been wanting to own them for a while as they are considered the market leader of the discount brokerage industry. I started buying at 55 and was able to add at 52.50, 50, and 47.50. I have another open limit order for 45 if it gets there.
They are being impacted by the banking fears and to be fair they do have some duration issues, but banking is only a portion of their business and they reportedly have had significant deposit inflow since this all started.
I plan on this being a long term core position for me.
Gambling indeed.I was watching PACW but I didn't have money in my account and was too cautious to put some in and pull the trigger. So of course PACW went up 82% on Friday.
Some of these banks are good long term buys, some of them are amazing short term buys but it's pure gambling to try and guess which ones.
I took advantage of the banking instability to open and build a position in SCHW. I've been wanting to own them for a while as they are considered the market leader of the discount brokerage industry. I started buying at 55 and was able to add at 52.50, 50, and 47.50. I have another open limit order for 45 if it gets there.
They are being impacted by the banking fears and to be fair they do have some duration issues, but banking is only a portion of their business and they reportedly have had significant deposit inflow since this all started.
I plan on this being a long term core position for me.
I bought Comerica CMA a month ago because the speculation was that it was being unfairly punished by "general" weaknesses in the banking sector that aren't nearly so bad. Since then, it's down 7% (edit: oops, make that 9%, I was looking at an old quote), but it should still be a good prospect to bounce back.
One of my more speculative plays is paying off, CRSP Crispr Therapeutics, a gene-editing technology. It was on my radar because the technology was developed by an alum of the school where I teach, who won the Nobel for her work. It's a Cathie Wood favorite, which isn't exactly an endorsement, but the price had gotten low enough that I took a shot. It was at 220 in January 21, I got it at 42.7 two months ago, and now it's at 62. It's not enough to offset my slew of recent bad calls, but it helps.
I took advantage of the banking instability to open and build a position in SCHW. I've been wanting to own them for a while as they are considered the market leader of the discount brokerage industry. I started buying at 55 and was able to add at 52.50, 50, and 47.50. I have another open limit order for 45 if it gets there.
They are being impacted by the banking fears and to be fair they do have some duration issues, but banking is only a portion of their business and they reportedly have had significant deposit inflow since this all started.
I plan on this being a long term core position for me.
Lock in those profits or set a stop loss...Looks like we're both doing okay on these bets. SCHW is back to 53 and CMA is +5% from my purchase. Way to go us!