Sorry not sorry. I moved a bunch of cash I have been hoarding since new years into stocks yesterday and I know that when I buy the market tanks so sorry for reviving the bear market.
you decided to buy stocks when the market has been ripping for weeks straight? QQQ is +27% since Mar 30 lows..
I got a new cat to tell me when to buy. Normally, he says "meow" but, when time to buy, he says "now". It works well for me. It's the hair. I've been there. We all have.
on 1 April today, when sats was trading ~~ 137, the short leg to my bullish PUT spread ( 150 strike PUT ) got assigned. the $150 strike PUT contract that i sold obligates me to buy the stock at the strike price; the other side wants to assign me the stocks. my broker bought the stock for me, at the strike price. since i don't want to own the stock, i immediately sold the stock then, i sold the long leg to my spread, the 110 strike PUT contract, closing the spread with the 110/150 PUT spread closed, net, net, i made a profit of ~~ $2.1 on each share of SATS stock that the bullish PUT spread controls
held NBIS for 7 months. went up a little, sideways a lot...never down. then i sell. it doubles...fml.
Well, I've sold all my CVX and PLTR.... My plan was to buy UBER on the earnings sell off. I've sold the tops and bought the dips during consolidation (not always gracefully), adding more UBER each time. I'm maxed out now, with a cost basis around 74.00. All in. Ready for the elevator ride....
actually, it was the 5-15-26 expiration, yesterday, when COST closed at ~~ 1,048, thus, both of the PUT spreads, on COST, i sold became worthless, i get to keep all the premium ($15.85 + $14.50) that was collected in advance.
in retrospect, i spoke too soon on 5 April then, CEO Reed Hastings announced his retirement. NFLX gapped down immediately, the stock price has been hovering around the mid-80s ever since today, it is up 2.5, on strong volume, suggesting that---heading to the July ERS---it may be ready to close the 86-97 gap. bought a 96 strike CALL, using Sep expiration, costing me $5.05
1. Iran War 2. Energy prices go higher causing inflation pressure 3. Buyers of Gov Debt (Bonds) need a higher return because the value of future money will be watered down because of inflation 4. Could/should cause lower prices for Dividend stocks such as in the REIT Sector to maintain the premium - incentive over Gov Bonds 5. Could/should cause higher mortgage rates which is a negative for housing stocks and home buyers 6. Those that bought stocks with Margin Loans will need to reevaluate their holdings because Brokerage companies will nudge Margin Loan interest rates higher. If some reduce or eliminate their Margin Loans by selling stock, then even those that aren't using Margin could start selling also because their Stop Orders get hit. So a decent sized Correction in the Stock Market is possible. I will look around for recent writeups that addresses some of these issues.
US Government Sold $691 Billion of Treasury Securities this Week, 10-Year Yield Spikes to 4.6%, 30-Year Yield to 5.12% as 2nd Wave of Inflation Takes Off
His usual writeups tend to be about the Federal Reserve, Banks and similar.......but he does touch on stocks as well. From a few weeks ago... The Wrap: FOMC Rejects Rate Cut; Mag7+ Dominates Equity Markets Markets moved down during the past five trading days, with gold and silver off single digits and crypto tokens sagging. Stocks were mostly lower most of the week, but surged on Thursday within a highly concentrated group of technology stocks. Charlie McElligott at Nomura (NMR) described the market action earlier this week: "Mutual funds are getting crunched because they can’t / don’t own enough of what matters—As ten Tech stocks account for ~75% of the 12% SPX rally since March 30th—and officially killing-off the brief 4Q25/1Q26 “Dispersion” out of MegaCap Tech AI into “Everything Else.” Instead, it’s now “back to the future”: Mag7+ in total control of index returns yet again, where due to the return to “extreme concentration of returns,” these structural underweights in the largest Index market cap stocks sees performance pain further compounded by legacy “Funding Shorts” (INTC, AMD, QCOM, analog chip makers, power names) also booming higher and creating what’s been a nonstop scramble to close the undercapture." Some call that Hot Money sloshing around chasing immediate results rather than the actions of Buy & Hold investors.
CME FedWatch The current expectation is that Federal Reserve will decide to leave Interest Rates unchanged at their next meeting in June. Federal Reserve Meeting Schedule. 2026 June 16-17* July 28-29 September 15-16* October 27-28 December 8-9* * Meeting associated with a Summary of Economic Projections.
COST earnings will be next Wed, after market closing. the chart looks great---now trading 1,088---my amateurish read is that it will trade above 1,150 sold this 30-point bullish PUT spread, using 29 May expiration buy to open 1,075 strike PUT contract sell to open 1,105 strike collected a premium in advance of $15.70, which defines my max risk to be $14.3 willing to assume the max risk of $14.3 to win $15.7
Indie semiconductor is giving me Navitas/ampx vibes. Located in cali, lidar sonar tech for cars but now getting into robotics,photonics, and quantum? Sheeeshh...say less baby.
Been messing around in UBER..selling tops buying on the drop to support just below 70. Bought into NVDA at 209. These are my only two holdings at the moment.
