Today's Market 1/17-23

You have become RHer now !

Buy GME and FUBO !!!

RHer wannabe. Can’t fight them, join them. Think and do like them until the bear market comes.

Btw, Paul is a dumb-dumb. FDX is crashing down. So much for his 1-2-1-2 pattern. His EWA is so-so.

Might as well trust my EWA.

Hmmm, when it went up 40% you did not sell !
I sold FDX for good profit and buying back again !
You are holding options like stocks !!

See is bad to follow! Say buy but didn’t say sell.

I say buy when possible low, but sell is up to individual comfort level, some may accept 10% others 100%…

When I saw 39.5% profit, even though too early, I thought enough for me, never know it will be down later. Since it came down, I started buying.

Same is the case for FB, already sold took profit. It does not mean FB is bad or going down, but I am fine with whatever FB gave return.

If it goes up, I do not regret, but if it comes down, I will buy again !

Anyway, I sold covered calls :slight_smile: and bought back at the profit, now riding the next wave up. Not as dumb as you might think. Different approach :slight_smile: Just messing with you :joy:

So edgy? Thought you would wait for earning.

Ok, just sold FB calls for 53% gain over a few days. Try your approach of bang in bang out.

If FB comes down, I will buy again ! Very likely it may come down, hoping wave 1 over and wave 2 will kick off !!

These are just for fun play, not a serious stuff !!

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Look like is wave 123 completed, now in wave 4. If I’m correct, should decline to $264 before continuing wave 5 which should complete an impulse wave one :slight_smile: Anyhoo, today is my lucky day, BTC covered calls of FDX in the morning, now it is rallying, and STC FB calls around $270 and now is dropping. Everyday like this, I’m happy. Anyway, so far, I am achieving avg of $10k per week for this calendar year - my stretched goal :money_mouth_face:

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$520k per year then ?

Yes, I was also thinking whether it is worth holding mRNA BNTX for long.

If I release that money, I can make better return, but some how I feel that is not right, holding it.

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Your conviction is shaking. @wuqijun holds TSLA for 4-5 years with negative return and in 2020, made 7x :slight_smile: (12x from Mar 20 bottom).

I hold AAPL bags from 1997-2003 before it starts to rocket!

This is buy n hold approach :slight_smile: die-die hold till it rockets or go to zero.

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There are no GME shares to short in many brokers…why?

Already Shorted 69% of stocks

You can do puts. I hate the concept of shorting.

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I just want to short only one stock to see where it stops (for monitoring purpose). However, I got put finally.

Normally, I want to avoid puts as it is better to buy calls for growth.

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Wow. Huge jump of 13 points in one day. Just one point shy of Extreme Greed.

America is in a good mood. Who can blame them?

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Yes, all the masses are convinced a bunch of ineffective and worthless “action” is going to help them and improve their lives. They’re in for a world of disappointment if they are depending on government effectiveness to improve their life. Oh, their feelings are better though, so there’s that.

Or ride it into oblivion

Glance through the charts of mega cap, all have awakened from the sleep since Sep.

FB AMZN NFLX GOOG AAPL MSFT NVDA CRM.

Sell medium and large cap cloud stocks, buy mega cap is the new game?

@Jil
Btw, I have bought big into NVDA and CRM. Charts look about the same.

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Will never go to zero if you know who’s running the company. Limited downside but unlimited upside.

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Refer to buy n hold approach in general not talking about TSLA or AAPL in particular.

Only genius like SJ and Elon Musk can pull a rabbit out of a hat. Most CEOs & founders are merely very intelligent, doing well in the right environment and collapse in a difficult environment.

Most of the success stocks I bought but never held, i.e., TDOC($40), SHOP ($50-$90), NVDA ($55), VEEV…many I traded, not held.

If you focus on fundamentals, you will come to know.