acestocksplayer
MAY 2020

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
Congratulations to ALL Board Contributors....!  ðŸ˜Š

The month of April was the busiest month EVER for the Talking Stocks Forum! We had nearly 35,000 views of the Forum in the month of April--that is an average of better than 1,150 views a day! The previous record was a little over 33,000 views in February 2018. Nice Job, everyone! 

Here's to a great month of May!!!  ðŸ¾ðŸ¸
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Littleshark
Friday 4:06 am CT 5-1-2020 ...

Did end of Month have anything to do with Thursdays market action ? ...

Was Weds. FED meeting a distant memory on Thursday ? ...

Now that they got money out to their buddies the Banks and the businesses ... ~ they want to pause on getting more money out to the people ... and try to re-open the country instead ...

USA & other Countries in Europe trying to re-open is the theme now ~ that is raising oil prices slowly on hope for rising demand ...  USO ...

How long will that last ?
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Littleshark
X reported after the close Thursday with muted continued down price action in the after hours :

http://U.S. Steel's 1Q Sales, Profits Plunge 4/30/2020 (Dow Jones)

> US Steel Selling Stake in Ore Mine -- Market Talk 4/30/2020 (Dow Jones)

> US Steel Idles 2 More Furnaces -- Market Talk 4/30/2020 (Dow Jones) < ... 8 of 10 idled now on reduced demand for steel ...

Will my PUT's increase in value ? ~ or will the premium drop now that the earnings report is old news ? ...

Let's see what the price re-action is after this mornings Conference Call ...
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Littleshark
$GOLD futures under $1700
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Littleshark
Ace ~ RIG options are very active ~ PUTs & CALLs ... May 15 & June19 contracts ... if you can guess the direction right ... or play one of you trades both ways ...
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umunver




                                                     FAZ:    SOLD   400 Shares at    $25.77 for   $740 in Profit.

                                                                     Thank you God for this Morning Glory.
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PLAY_HRD

umunver wrote:




                                                     FAZ:    SOLD   400 Shares at    $25.77 for   $740 in Profit.

                                                                     Thank you God for this Morning Glory.

Good morning Doc, I was just going to ask if anyone was planning to buy the morning dip, the trend lately on red opens is to rally.   Selling your Bearish trade makes me think buying the morning dip could work this time too.  What's your plan for today?

 

MAY we all have green trades this month!

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umunver


                                                   P_H   To buy a few Things.

                         LABU:    BOUGHT    50 Shares at     $34.29.

            ADBE:    SOLD   2 Shares at   $347.10   for   $120 in Profit.
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Littleshark
Friday pre-market:

> Stocks headed for lower open amid tariff threat, earnings 9:18 am ET (Briefing.com) [BRIEFING.COM]

S&P futures vs fair value: -59.60.
Nasdaq futures vs fair value: -190.00.
< ...
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Littleshark
http://UPDATE: States start to reopen, ending coronavirus lockdowns: Texas leads slew of states on Friday, more to follow on Monday 8:59 am ET (MarketWatch) < ...
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umunver


                                                       AMD:   Bought 50   Shares at     $51.12.

                                     LABU:    Bought     100 Share at    $34.36

                        ETHE:     Bought    30 Shares at   $ 97.75
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umunver


                                                AMD;   BOUGHT   50   SHARES AT     $50.03.
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acestocksplayer
Happy Friday....spring is in the air finally in the Great Lakes region!

I took profits of $175 on 100 shares of SDOW in the pre-market....!🤑🤑🤑

Also took $123 profits on 22 shares of UVXY in the pre-market...!🤩🤩🤩

Still holding 100 SQQQ with only a small gain there....

Also added a 3rd EEM put...I began this trade a couple days ago to short emerging markets...it did a pSar flip this morning and broke below critical support....this is a trade intended to last at least into next week. 😉
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
Littleshark wrote:
Ace ~ RIG options are very active ~ PUTs & CALLs ... May 15 & June19 contracts ... if you can guess the direction right ... or play one of you trades both ways ...


Thanks  for that insight SHARK...I wasnt thinking of options on such a low priced stock, but maybe that is something to look at!😉
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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umunver



                                         IIPR:    BOUGHT   25   Shares at     $75.17.

                              IIPR:    Bought 25 More at       $74.55
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umunver


                                                          WDC:    Bought 50   Shares at      $39.87.
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umunver


                                              Sam, Can you Pl. Post a 5 Min. CHARTS ON   DOW   &  S&P?
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CMAC38
Screen Shot 2020-05-01 at 9.37.49 AM.png Doc, until Sam posts, here is what I have open for 5minute Dow and $SPX.

Screen Shot 2020-05-01 at 9.38.21 AM.png click to enlarge
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old Mal
Sold FAZ in AH yesterday 449 profit. Would have done much better if I waited for today but wanted it to show in April numbers.  
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PLAY_HRD
SQQQ - short 100 @12.40, looking for a scalp to average down my cost basis, my original short position from yesterday was @ 11.75
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old Mal
Happy Friday....spring is in the air finally in the Great Lakes region!

I took profits of $175 on 100 shares of SDOW in the pre-market....!🤑🤑🤑

Also took $123 profits on 22 shares of UVXY in the pre-market...!🤩🤩🤩

Still holding 100 SQQQ with only a small gain there....

Also added a 3rd EEM put...I began this trade a couple days ago to short emerging markets...it did a pSar flip this morning and broke below critical support....this is a trade intended to last at least into next week. 😉
Ace Congrats on the two hits. Nice way to start a day.
I'm still holding SDOW. Is up 1,290 on the day. Watching the chart for signals.  
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PLAY_HRD
As of now, the markets are basically flat for the week, an interesting fact I thought I'd share.
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old Mal
PLAY_HRD wrote:
SQQQ - short 100 @12.40, looking for a scalp to average down my cost basis, my original short position from yesterday was @ 11.75
PH I'm confused or reading it wrong? Are you saying you "shorted" SQQQ which is a short stock? Was 12.58 last I looked.
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PLAY_HRD
old Mal wrote:
PH I'm confused or reading it wrong? Are you saying you "shorted" SQQQ which is a short stock? Was 12.58 last I looked.

Yes, I'm shorting a short stock. LOL  While it seems silly, decay eats away at TQQQ and SQQQ, meaning that even in a time of sideways movements in the market being short can make money in these ETFs  A week or so ago I made a post that showed that SQQQ is down over 10% while the stock market is down over 15% in the same time.  If you're a strong believer in a market move that will last days or weeks then being long TQQQ will surely pay off more.  If you're not as convinced about the duration of the market's next move then let decay work for you and be short ETFs, in general.  In a similar post Littleshark pointed out that gold miner ETFs have lost money despite gold's run higher.
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