The Market 2021

Discussion in 'Finance, Investments, and Careers' started by Folster, Jan 7, 2021.

  1. BigRedRage

    BigRedRage Reckless Contributor

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    I definately do the same with certain stocks. When BA was around 260/270, I saw that as max growth for some time and time to take profits and move them elsewhere. It paid off well as it dropped to 220 later one and buying back in at 220 isnt worth it to me if I think it will pause at 260 again anyway so the money went elsewhere.

    Speaking of tsla...that accidental limit purchase I just posted about...yeah lol
     
  2. BigRedRage

    BigRedRage Reckless Contributor

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    Dropped AMC at 13.82. what a thrill.
     
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  3. dscher

    dscher Registered

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    On everyone's favorite show....
     
  4. Finito

    Finito Registered

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    so I’m just curious what do make day trading? Do you do it full time?

    That AMC move yesterday get you a couple hundred? Couple thousand?
     
  5. Finito

    Finito Registered

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    doesn’t mean a damn thing to me.

    oh the middle class and poor are going to end up on the wrong end of the stuff going on in Washington....shocking. Welcome to the last 50 years. Republican or Democrat it’s the same song and dance.

    Tucker: omg inflation is going to kill the middle class

    viewer: we can make these big corporations pay more taxes and raise employees pay so they can actually make a decent living

    Tucker: Na
     
  6. Russ Smith

    Russ Smith The Original Whizzinator Contributor

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    Bad week for me had a stock I've been holding hoping to get some of my losses back. After 2 great days I decided to wait one more before selling and now its' back down.

    And I was going to buy Snowflake(SNOW) as it actually went below the IPO price briefly this week. So of course Motley Fool did a big writeup on stocks that you should snap up now, SNOW was one of them, and it's up almost 5% this morning and I didn't buy it.

    Still might buy some it's under 200 now the all time high is over 400 and their earnings have been terrific since the IPO. they're still way overvalued in the traditional sense but it's very much a growth stock.
     
  7. BigRedRage

    BigRedRage Reckless Contributor

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    I don't think I've ever done a single day trade, I bought into amc back at $8 ish in early 2021 and bought a call options a month or so ago with a $10.81 breakeven. Amc had hit 14 and dropped before so as soon as we were hitting 14 again I didn't want to miss that boat a second time. If it comes down in the 9s again I'll pick it up again. Hopefully for you a moass comes though.

    Sent from my SM-G998U using Tapatalk
     
  8. Finito

    Finito Registered

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    Oh ok I though you day traded. My boy is talking my ear off about it.
     
  9. BigRedRage

    BigRedRage Reckless Contributor

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    my entire watchlist is green this morning. Weird to see. Its usually primarily red!
     
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  10. BigRedRage

    BigRedRage Reckless Contributor

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    AMC stock holding still in the 13-14 range this time vs the last time when it went down to $9. Hopefully it keeps spiking for you @Finito
     
  11. Devilmaycare

    Devilmaycare Registered

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    AMC needs one more big push so that I can get rid of these bags that I've been holding.
     
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  12. Folster

    Folster he/haw

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    Big Market news with AT&T and Discovery merger. It seems AT&T will spin off Warner Media and form a new company with Discovery. AT&T will remain with a business more aligned to the Verizon strategy while Warner/Discovery would rival Netflix and Disney, cementing itself as a top 3 media company.

    I think this is a smart move and like it a lot. I currently have a position in T.
     
    Last edited: May 17, 2021
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  13. Finito

    Finito Registered

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    0A0823F8-DE04-43A9-B922-74765137A4EF.png

    Up, Down, Sideways I’m only in this for 1 reason and 1 reason only. I’m selling at 100k.

    I will say this I don’t think I’ve ever talked to my little brother more than this last year with the Suns and this
     
  14. BigRedRage

    BigRedRage Reckless Contributor

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    100k total cash out?

    Sent from my SM-G998U using Tapatalk
     
  15. Folster

    Folster he/haw

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