Today's Market 1/24-30

Investors are far more fearful. He was supposed to have the opposite effect. He signed a bunch of EOs that are supposed to save us.

Biden has been in office for merely a week. Let’s revisit this in 2025. You can always to go all cash if you are so fearful.

If the market softens in the next couple of days. might be a good time to pick up some “value” stocks like Twilio, CRWD, etc. the hedge funds that have to cover their short losses are all long in like the same 8 stocks, so guessing those might drop a bit.

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Everyday Biden is trying to reverse everything that Trump did that helped the economy.
It is like murder by a thousand cuts. I doesn’t look good. Biden is just pandering to liberal hysteria. Probably will go off the rails on climate change regulations. Gas Tas next?

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Biden barely warmed his seat after being in office for only one week. Let’s see. Obviously I am much more optimistic than you guys on the right. I think the economy will soar like an :eagle: this year and the next. We are entering the new Roaring 20s.

One good thing. The Democrats can’t get Trump convicted in the Senate. Actually might help end the Washington chaos. Just censure him and move on. But killing Keystone was just stupid. All it did was piss off Canada who will just ship their oil to Asia. Biden needs a strategic plan not just pet liberal projects.

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We are aiming to buy the same stocks :roll_eyes:

@Jil

Ants eat up elephants :slight_smile:

https://finance.yahoo.com/news/cohen-sundheim-lose-billions-reddit-022818276.html

But that crisis helped push thousands if not millions of retail traders into the U.S. stock market, creating a new force that for now the professionals seem powerless to combat.

:+1:

Professionals are not invincible.

I hate (naked) short-sellers. Totally anti-thesis of why stock exchange was set up for.

My wish for 2021 is for wsb guys to bankrupt all these short selling hedge funds.

The struggles at some of the biggest hedge funds may have contributed to Wednesday’s 2.6% drop in the S&P 500, its worst decline since October. One theory behind the decline is that funds are selling long bets to get the cash they need to cover their shorts.

My puny brain is not able to deduce this :face_with_symbols_over_mouth:

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Bought SNDL and NAKD overnight at low. Doubled so far. Market is insane. :exploding_head:

You are acting, for argument sake, but in reality you know what it is.

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where do you trade after market? Schwab won’t let me, Actually considering a play account at Webull…:exploding_head:

You have special tab/menu in schwab as “Extended Market”. You need to use it.

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Any one with this bet ? I sold “PUT (AMC) AMC ENTERTAINMENT JAN 20 23 $2 (100 SHS)” for $1.15.

This mean, you get $115 for $200 lock (100 shares at $2). If I get assigned, it is fine as $2 is multidecade low. If puts are worthless, just buy back with profit. More than 50% gain for small sum.

You have options on every platform but I wouldn’t chase too much now. I got out of all speculative positions (AMC, SNDL and NAKD) after a massive run. It seems institutions are coming after those stocks and they are doing it aggressively by restricting access, etc.

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Most of them play with margin money. When such stocks crash, they are bound to make multi-million loses and even go bankrupt. Sensing that issue, Institutions restrict trading on margin, esp for Robinhood.

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No, it’s more than that. You cannot even search on RH for those stocks. They can easily stop margin trading, but they are freezing everything up including basic discovery functions.

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We continuously monitor the markets and make changes where necessary. In light of recent volatility, we are restricting transactions for certain securities to position closing only, including $AAL, $AMC, $BB, $BBY, $CTRM, $EXPR, $GME, $KOSS, $NAKD, $NOK, $SNDL, $TR, and $TRVG. We also raised margin requirements for certain securities.

That’s not fair! Abuse of monopolistic power and info! SEC should investigate!

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