Stock Market is the bottom in?

[jsasker007]

They are tanking hard now, this market is so weird.

I think it's due to the fact that a lot of people don't know anything about the markets. Manipulated by media and fear/panic is driving "investors" now. I don't play the stocks themselves I play what I think the people will do. jmho

 

[farmlegend]

Reddit is the same if not worse. I'm banned for life from there. Apparently they didn't like my honest opinion about their love for trannies. Gotta be 90% from California in that zoo.

Collecting reddit downvotes is sort of hobby for me.
Got banned from r/energy on my very first comment there, where I suggested there was such a thing as a marketplace.

 

[bwoods11]

Microsoft, Meta, Nvidia all up nicely today ! It’s hard to bet against those cash machine companies !

 

[buckvelvet]

Microsoft, Meta, Nvidia all up nicely today ! It’s hard to bet against those cash machine companies !

Meta & Google could sure be affected if this ruling causes the giants to let go of assets to remove monopolies.

 

[bwoods11]

Palantir @ $122 and climbing ! Wow

 

[Buckly]

Everybody seems to say the target is $125. So when it gets there I’m not sure what I want to do with it.

 

[bwoods11]

What a great post that highlights the power of being an owner of a company like Exxon!

 

[buckvelvet]

Yes so happy I decided to move to a lot of US OIL in August of 2024, I own a good amount of XOM, was happy w/ the announcement earlier. :)

 

[SD51555]

Here's an example of a re-write on my VLO position.

First I buy back last week's calls at $225
Then I re-sell them for a week later and adjust price to get the payout I want
Then, take that money and buy something else, in this case EPD.

 

[hunts_with_stick]

Finally got power back after 3 days from the storms that rolled through on Tuesday

 

[bwoods11]

Here's an example of a re-write on my VLO position.

First I buy back last week's calls at $225
Then I re-sell them for a week later and adjust price to get the payout I want
Then, take that money and buy something else, in this case EPD.

View attachment 76897

Nice !

 

[buckvelvet]

Here's an example of a re-write on my VLO position.

First I buy back last week's calls at $225
Then I re-sell them for a week later and adjust price to get the payout I want
Then, take that money and buy something else, in this case EPD.

View attachment 76897

a 232% return in less than 24 hours? Damn...

 

[Barndog56]

 

[SD51555]

a 232% return in less than 24 hours? Damn...

I didn’t make that much. That was the close of one trade and opening of another. When you sells calls, you are “selling to open (begin),” and when you want to end the trade you “buy to close.”

The net payment after buying back the old calls and selling the new calls was 86 cents per share or 0.73% per two week period.


Sent from my iPhone using Tapatalk

 

[Brian662]

Good stuff, let's hope it stays going in the right direction.

 

[Jerry-B-WI]

View attachment 76984

Good stuff, let's hope it stays going in the right direction.

Yeah, let's hope. It's still down 458 points from Feb. 20.

 

[Foggy47]

Yeah, let's hope. It's still down 458 points from Feb. 20.

Considering all the changes that have occurred.....I don't think that is too bad at this point. The market was at a pretty high point a few months back....and I say you buy on the dips going forward.....and hope and pray the Donald and his minions pull these trade deals and wars to a better outcome(s). MAGA!

None of us like the gut wrenching of a market correction......still, they happen.

 

[bwoods11]

Warren Buffett is retiring .

 

[Foggy47]

Warren Buffett is retiring .

Well, he is old enough. lol......I don't think he could spend .001% of his wealth if he wanted to. I always wonder what makes folks like Buffet keep trying to add to his wealth? I suppose it's just who they are at some point.

 

[bwoods11]

Well, he is old enough. lol......I don't think he could spend .001% of his wealth if he wanted to. I always wonder what makes folks like Buffet keep trying to add to his wealth? I suppose it's just who they are at some point.

I heard he wants all the shares sold, or donated to charity ? That sounds a bit fishy ? He worked so hard all his life to give it all away ?

I assume his family will keep plenty? He’s already donated a bunch to charity !