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adnam
Aug 28, 2006

Christmas Whale fully subsidized by ThatsMyBoye

Agronox posted:

Been in this thread close to 17 years now, I will never stop posting :corsair:

But it's been pretty quiet lately. The things I owned a few months ago are largely the same things I still own now. I have a bunch of earnings coming up tomorrow, and one I'm particularly curious about is SOHO coming up on August 11.

Nothing's screaming at me to buy or sell it right now. I could be missing something.

What've you been up to, pastrami?

I spent a good 10 years looking at porn and psyop bs on reddit

I regret my time away from this place, I may have done my investments irrevocable harm (good?)

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Leperflesh
May 17, 2007

Hadlock posted:

Margin rates went up from 1.5% to, I think, 4.5% since February, probably for the best, is going to knock a lot of gamblers running around making bets with 200% of their money out of the market

the loss of the recreational robinhood speculator will destroy the economy!

Pastrami
May 27, 2004
Fear the Lunch Meat

Agronox posted:

Been in this thread close to 17 years now, I will never stop posting :corsair:

But it's been pretty quiet lately. The things I owned a few months ago are largely the same things I still own now. I have a bunch of earnings coming up tomorrow, and one I'm particularly curious about is SOHO coming up on August 11.

Nothing's screaming at me to buy or sell it right now. I could be missing something.

What've you been up to, pastrami?

Miss you in the discord agro!

Selling UVXY calls and VIX puts/straddles like I have been all year, rolling some of the premium into vti. Has been incredibly lucrative despite spx being down quite a bit this year.

Frontrunning TLT EOM window dressing flows. Been good so far in 2 months trying it.

Finally starting to do some earnings trades again (selling strangles or credit spreads mostly). Just started a few weeks ago, going well so far.

Have also dipped my toe into a managed futures ETF (DBMF) for something relatively not correlated with SPX. Slightly down on this.

VTI remains my core position. Down quite a bit YTD on this, as you might imagine.

I would love to say the market looks good and is resuming its uptrend but I am still cautious for now. Market seems to be falling over itself to price in dovish fed/pivot to rate cuts…. Which could be problematic.

Hopefully market is more cooperative to finish out the year.

drk
Jan 16, 2005

Pastrami posted:

People here still alive? Conspicuous lack of posting these last few months. Has everyone given up? Asking for a friend :angel:

My sick gains in distressed bank stocks have been consumed by my sicker losses in semis (past couple days have been good for the latter though)

edit: ask me how i feel about CET1 ratios or RoTE

drk fucked around with this message at 03:59 on Jul 28, 2022

pmchem
Jan 22, 2010


Pastrami posted:

Have also dipped my toe into a managed futures ETF (DBMF) for something relatively not correlated with SPX. Slightly down on this.

I tried to start discussion on that over a month ago here...:

pmchem posted:

not really a typical question for this thread, but has anyone here ever allocated to managed futures / cross-asset trend-following funds? what are your thoughts?

they've done great in 1H2022 (so it's probably too late...) but it's an interesting alternative asset class that may be of use in the future as they not strongly correlated to stocks and bonds. these funds typically take both long and short positions in equity indexes, bond futures, various currency pairs and individual commodity futures.

examples:

PQTAX, GMSAX, LFMAX, AHLPX, ABYAX (mutual funds)
DBMF and KMLM (etfs)



some financial advisors put these in managed portfolios.

Elephanthead
Sep 11, 2008


Toilet Rascal

The next goon people get in! Rich ducks need a place to hide cash. Not fixing the autocorrect.

Hadlock
Nov 9, 2004

adnam posted:



I regret my time away from this place, I may have done my investments irrevocable harm (good?)

There's still time to buy into $GOON before the big payday

Space Fish
Oct 14, 2008

The original Big Tuna.


Hadlock posted:

There's still time to buy into $GOON before the big payday

It has re-floored at $0.26, which is too far gone from $0.25 to catch a reasonable gain at this point.

*puts on goggles for the rocket launch*

Hadlock
Nov 9, 2004

A month ago, was not expecting to see $SPY above 400

Number happy about fed 75 bps hike?

Fireside Nut
Feb 10, 2010

turp


ARTPUP posted:

Bought another 380 shares of SESN @.65 today. It's a pile of cash selling below book.

:tipshat:

John F Bennett
Jan 30, 2013

I always wear my wedding ring. It's my trademark.

I became too much of a boomer investor to add value to the thread. I still read it all.

Landsknecht
Oct 27, 2009
I hope this person is trolling, nobody can be so unfunny and dumb
I just started playing natural gas futures, what a time

The Anime Liker
Aug 8, 2009

by VideoGames
I miss this time last year when someone would suggest a dumb penny stock and then I'd lose $150 because I'm a degenerate gambler.

pixaal
Jan 8, 2004

All ice cream is now for all beings, no matter how many legs.


The Anime Liker posted:

I miss this time last year when someone would suggest a dumb penny stock and then I'd lose $150 because I'm a degenerate gambler.

$TBLT -this is what you asked for a random stock

I call it, toasted bacon lettuce tomato

Scarodactyl
Oct 22, 2015


The Anime Liker posted:

I miss this time last year when someone would suggest a dumb penny stock and then I'd lose $150 because I'm a degenerate gambler.
CDTX is going all the way.

orange sky
May 7, 2007

Even if you're a cautious investor I'd love to hear what you're doing at the moment - we need a middle ground between the long term, everything on etfs thread and a superstonk experimental pharma only thread

Pastrami
May 27, 2004
Fear the Lunch Meat

orange sky posted:

Even if you're a cautious investor I'd love to hear what you're doing at the moment - we need a middle ground between the long term, everything on etfs thread and a superstonk experimental pharma only thread

Come to the discord for trade ideas, stay for the dump it gifs

GoutPatrol
Oct 17, 2009

*Stupid Babby*

Pastrami posted:

People here still alive? Conspicuous lack of posting these last few months. Has everyone given up? Asking for a friend :angel:

A couple months ago I had an extra 100 dollars in my Interactive Brokers account and I went looking for something dumb, I bought GBS and it is currently the only positive thing in my portfolio this year

SavageGentleman
Feb 28, 2010

When she finds love may it always stay true.
This I beg for the second wish I made too.

Fallen Rib
I'm way too dumb for productive short-term stock trading, I'm going with my doomer ETF portfolio, which I intend to sell in ~ a year as the supply crisis changes into a different gear. So I'm not really in the long-term investing and not in the day-trading niche.

My only stock was bavarian Nordic, and seeing that they are now ~ + 88% from where I bought 2 months ago, I regret just buying a symbolic amunt for fun speculation.

ohnobugs
Feb 22, 2003


GoutPatrol posted:

A couple months ago I had an extra 100 dollars in my Interactive Brokers account and I went looking for something dumb, I bought GBS and it is currently the only positive thing in my portfolio this year

I'd think BFC would be a little more reliable. You'd only get one share though with 100 bucks.

pixaal
Jan 8, 2004

All ice cream is now for all beings, no matter how many legs.


SavageGentleman posted:

I'm way too dumb for productive short-term stock trading, I'm going with my doomer ETF portfolio, which I intend to sell in ~ a year as the supply crisis changes into a different gear. So I'm not really in the long-term investing and not in the day-trading niche.

My only stock was bavarian Nordic, and seeing that they are now ~ + 88% from where I bought 2 months ago, I regret just buying a symbolic amunt for fun speculation.

So positioned in stuff that will do okay if Jim Cramer somehow called the bottom? Or do you need this to be a bear rally and another leg down or you lose a chunk? Risk management is the game.

You probably want to be positioned for SPX4500 or 2900 not wiping you. If your strat can handle both without being too horrific (these are both pretty drat large moves we're at 4100 or so) you probably have some idea about risk management. If you have no idea, you should check.

Oh thing you should have learned from the Covid crash, the bottom can come fast and rebound hard. As werid a spot as this seems to have bottomed every bottom seems like a weird place when you are in it. How many goons yelled as it went up that it couldn't go up there was a pandemic?

fougera
Apr 5, 2009
I'm now 20% cash, 10% gold, 1%ish eurodollar futures and the rest is equities.

Equities breaks down to roughly 2/3 defensive sectors, 1/3 growth stocks, and go in and out of short positions in IWM/XLF/META/DWAC.

Working backwards, I think the key is to avoid consumer exposure, so really focused on enterprise type growth stocks and avoiding anything staples. In stuff like defense primes, government services, waste services, tower REITs, rails.

This will change when we have more evidence that the market is pricing in the recession. In the meantime I'm toying with some more growth ideas, but not really in a hurry. Think growth does ok relative to the index, but not great from a risk adjusted measure.

I've owned gold forever and frankly I've lost a lot of interest in it, might increase exposure more into the front end of the curve. But still am wary about long dated treasuries.

pmchem
Jan 22, 2010


fougera posted:

I'm now 20% cash, 10% gold, 1%ish eurodollar futures and the rest is equities.

Equities breaks down to roughly 2/3 defensive sectors, 1/3 growth stocks, and go in and out of short positions in IWM/XLF/META/DWAC.

Working backwards, I think the key is to avoid consumer exposure, so really focused on enterprise type growth stocks and avoiding anything staples. In stuff like defense primes, government services, waste services, tower REITs, rails.

This will change when we have more evidence that the market is pricing in the recession. In the meantime I'm toying with some more growth ideas, but not really in a hurry. Think growth does ok relative to the index, but not great from a risk adjusted measure.

I've owned gold forever and frankly I've lost a lot of interest in it, might increase exposure more into the front end of the curve. But still am wary about long dated treasuries.

may I ask, why bother with 1% of the eurodollar futures when moves in that are generally small %-wise compared to your other holdings, and it adds complexity for little weight? I guess it's highly leveraged, but, still, kinda oddball there.

also if you're looking into defense/govt stocks, check $PPA. I've mentioned it here before, well-structured broad defense etf. I've swung trade that this year for some profits.

Michael Transactions
Nov 11, 2013

hope yall own RICK

fougera
Apr 5, 2009

pmchem posted:

may I ask, why bother with 1% of the eurodollar futures when moves in that are generally small %-wise compared to your other holdings, and it adds complexity for little weight? I guess it's highly leveraged, but, still, kinda oddball there.

also if you're looking into defense/govt stocks, check $PPA. I've mentioned it here before, well-structured broad defense etf. I've swung trade that this year for some profits.

Re: ED, I like sleeping at night. That 50 bps move this past month definitely moved the needle, and I plan on increasing exposure as we get more evidence that cuts are coming.

Not a fan of an A&D etf given it’s commercial exposures. Also think the smaller caps are generally not great businesses, so really I’m limiting myself to a few names.

George H.W. Cunt
Oct 6, 2010





Michael Transactions posted:

hope yall own RICK

Line em up

hot cocoa on the couch
Dec 8, 2009

Syrinxx
Mar 28, 2002

Death is whimsical today

I ain't sleepin on rick

Cacafuego
Jul 22, 2007

$GOON up to $0.30 today

Deviant
Sep 26, 2003

i've forgotten all of your names.


any idea why it's been trickling upwards?

Grem
Mar 29, 2004

It's how her species communicates

FDA approval is right around the corner!

John F Bennett
Jan 30, 2013

I always wear my wedding ring. It's my trademark.

Any day now!

Elephanthead
Sep 11, 2008


Toilet Rascal
Putting in my order for a new Porsche right now let’s go!!!

The Anime Liker
Aug 8, 2009

by VideoGames
Buy MORE, you say?

drk
Jan 16, 2005
4400% in 2 weeks since IPO?

This isnt some penny stock either, its some chinese metaverse thing that is for some reason worth tens of billions of dollars?

The only commentary I saw called it "the most incomprehensible set of buzzwords and hype I’ve ever encountered"

Hadlock
Nov 9, 2004

drk posted:

The only commentary I saw called it "the most incomprehensible set of buzzwords and hype I’ve ever encountered"

:f5: buy buy buy

Just don't hold it over the weekend

lurksion
Mar 21, 2013
I see the NYSE: AMTD ticker has also risen sympathetically

Baddog
May 12, 2001

drk posted:

4400% in 2 weeks since IPO?

This isnt some penny stock either, its some chinese metaverse thing that is for some reason worth tens of billions of dollars?

The only commentary I saw called it "the most incomprehensible set of buzzwords and hype I’ve ever encountered"



pretty wild. https://finance.yahoo.com/news/amtd-digital-inc-thank-note-043300185.html

"The Company’s ADS trading in NYSE is still undergoing our initial stabilisation period whereby the underwriters have been granted a green-shoe option, exercisable within 30 days from the date of the final prospectus, to purchase up to an aggregate of 2,400,000 additional ADSs at the public offering price"

Basically they are saying "uhhh.... you all are making our underwriter very rich... an almost 2B windfall on this deal". That is unless, they already sold those shares to their clients.

So who is the underwriter here?


edit - "AMTD Global Markets Limited, Livermore Holdings Limited, Eddid Securities and Futures Ltd. and Eddid Securities USA Inc. are acting as the underwriters of the offering."
Oh ok, they underwrote themselves, nice.

https://twitter.com/Samodh17/status/1554333497938288640

Baddog fucked around with this message at 07:15 on Aug 2, 2022

Hadlock
Nov 9, 2004

I guess they touched $1200 very very briefly

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Hadlock
Nov 9, 2004

$1450

:eyepop:

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