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Old 05-12-2021, 08:32 AM   #2176
Clayton
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Re: 2021 Trading Thread

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oh damn CPI is tomorrow too, getcha popcorn

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Old 05-12-2021, 08:57 AM   #2177
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Re: 2021 Trading Thread

yawn

flights, car rental, used cars, accommodation and other such prices are not gonna keep rising rapidly

Last edited by chytry; 05-12-2021 at 09:05 AM.
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Old 05-12-2021, 02:20 PM   #2178
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Re: 2021 Trading Thread

If you're looking for a long term hold in cleantech my two biggest holdings are PYR and HPQ.V but it'll be some time before they blow up for real, the feb highs were all off hype. PYR just made a 20% intraday swing, will be super volatile until they close a major contract.
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Old 05-12-2021, 02:25 PM   #2179
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Re: 2021 Trading Thread

Jerome Powell is going to become a weekly contributor on 60 Minutes at this rate.
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Old 05-12-2021, 02:51 PM   #2180
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Re: 2021 Trading Thread



There is no inflation, there is no inflation...
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Old 05-12-2021, 02:54 PM   #2181
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Re: 2021 Trading Thread

Real talk though- need a good 10% correction under 4k then long the market. Can't hold cash vs. double digit inflation prints that are coming. Market doesnt sell off because of inflation, it sells off because it fears the Fed will tighten to fight inflation.

But the Fed has made abundantly clear they aren't tightening. Inflation or no inflation, they are going to print more money.

Yield curve control before rate hikes imo
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Old 05-12-2021, 02:59 PM   #2182
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Re: 2021 Trading Thread

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There is no inflation, there is no inflation...
haha great

performance isn't just a brag anymore. it's a matter of life and death. this is a whole new decade. you could 10x your portfolio in the next 5 years and still starve to death. no joke, the rake just went up. gamble gamble is the only chance. people who just have paychecks and retirees are screwed
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Old 05-12-2021, 04:24 PM   #2183
karamazonk
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Re: 2021 Trading Thread

Well, those XRT puts paid very nicely; the ETF is down over 6% since my post. I'm still in a bunch but am freerolling now.
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Old 05-12-2021, 05:04 PM   #2184
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Re: 2021 Trading Thread

Last time I checked GME was 6% of the xrt etf and now it's not even in the top 10. The biggest holding now is VRM and it's up 10% after hours on earnings release.
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Old 05-13-2021, 06:48 AM   #2185
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Re: 2021 Trading Thread

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Real talk though- need a good 10% correction under 4k then long the market. Can't hold cash vs. double digit inflation prints that are coming. Market doesnt sell off because of inflation, it sells off because it fears the Fed will tighten to fight inflation.

But the Fed has made abundantly clear they aren't tightening. Inflation or no inflation, they are going to print more money.

Yield curve control before rate hikes imo
If jobs data does not improve how will Powell rationalize not tightening going forward? At least if the UE rate keeps going down he can point to that as a trade off for inflation. Same goes for ridiculously loose fiscal policy.

And then there are tax hikes incoming. That is how inflation is controlled in MMT.
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Old 05-13-2021, 08:24 AM   #2186
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Re: 2021 Trading Thread

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Same. What names do you like?
Couple of the beat up hydrogen plays come to mind, but honestly I'm just starting to look at this.

Hey do we talk crypto miner symbols in here or another thread? MARA, RIOT, etc.

That's another sector I'm bottom fishing soon.
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Old 05-13-2021, 11:59 AM   #2187
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Re: 2021 Trading Thread

best way to invest into copper, nickel, palladium, lithium, cobalt and such?
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Old 05-13-2021, 12:22 PM   #2188
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Re: 2021 Trading Thread

Depends on your risk tolerance, the Jr explorers will have the highest exposures but you're a bit late on that trend tbh

Getting flow through shares that explore in your area can give great tax benefits. Until you have to sell that is, capital gains are pretty massive when your cost basis is reduced to 0.

It's extremely risky and that's why the gov wants to incentivize investments in the space.

A mine that's already in production is safer but won't shoot up like 700% the way the Jrs do as commodity prices increase and projects become economical.

Look up Lassonde curve so you have an idea of where the play is in the life cycle.
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Old 05-13-2021, 01:03 PM   #2189
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Re: 2021 Trading Thread

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best way to invest into copper, nickel, palladium, lithium, cobalt and such?
On the equity side, Iíve been in COPX since last summer, much to my delight. Can pair that with something like BATT perhaps.
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Old 05-13-2021, 02:07 PM   #2190
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Re: 2021 Trading Thread

For Copper I've been waiting for FCX to dip a bit more.
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Old 05-13-2021, 02:17 PM   #2191
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Re: 2021 Trading Thread

Barrick Gold is essentially Gold/Copper play that many only know as a Gold Play. Stock probably would be higher if it was named Barrick Copper today.
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Old 05-13-2021, 03:00 PM   #2192
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Re: 2021 Trading Thread

GME, confirmed safe haven.
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Old 05-13-2021, 03:08 PM   #2193
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Re: 2021 Trading Thread

Had 20 blink weekly puts from two days ago at close for $27.50 at $.50 that finally went in the money. I do plan to hold overnight here.
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Old 05-13-2021, 03:35 PM   #2194
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Re: 2021 Trading Thread

I don't know too much about the company but this WISH sell-off seems overblown. Long WISH via shares at spot 8.13 and some December calls (10c for 1.4).
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Old 05-13-2021, 08:42 PM   #2195
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Re: 2021 Trading Thread

No luck on my blink earnings play, so I guess it did dump over 8% today so I will be happy with that, if we can drop a few percent tomorrow I’ll take that too. Might have to settle for 1 bagger for getting greedy.
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Old 05-14-2021, 02:28 PM   #2196
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Re: 2021 Trading Thread

In case anyone followed that WISH, fyi I went ahead and took 30% profits on the calls already. Will probably set a breakeven stop on the shares and let it ride with target price of 11-12.
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Old 05-15-2021, 12:50 AM   #2197
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Re: 2021 Trading Thread

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In case anyone followed that WISH, fyi I went ahead and took 30% profits on the calls already. Will probably set a breakeven stop on the shares and let it ride with target price of 11-12.
you still playing baba? I am in 100 shares are 209 now, will hold long time.
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Old 05-15-2021, 12:59 AM   #2198
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Re: 2021 Trading Thread

i got heavy into baba/baidu/viacom after their tumble, showed a big profit for a while but now all even lower than when i bought
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Old 05-15-2021, 02:46 AM   #2199
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Re: 2021 Trading Thread

I don't know, baba seems to have a lot of value at the current price, mohnish pabrai took a decent sized position in it, I am a little unclear on all of the potential risks of these Chinese companies but have been researching a lot. i see enough potential upside over the next few years that it outweighs the risk.

Also Cathie Wood selling BABA is a good sign.

Last edited by snowie963; 05-15-2021 at 02:52 AM.
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Old 05-15-2021, 09:53 AM   #2200
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Re: 2021 Trading Thread

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I am a little unclear on all of the potential risks of these Chinese companies.

https://www.reddit.com/r/investing/c..._shareholders/

from the above reddit Post:
Reminder: BABA stock does NOT entitle shareholders to equity in Alibaba

Chinese law forbids foreigners from owning strategic assets in the country, ... Basically, the Alibaba stock will buy you a stake in a Cayman Islands-registered entity that is under contract to receive the profit from Alibaba's Chinese assets but will not actually own them. This structure is called a VIE.

Is this VIE structure even legal in China? Beijing has never acknowledged the legality. According to Harris Bricken, an international law firm:

" VIEs are illegal. We disagree with those who are saying that what is proposed is a two tier, foreign/Chinese system. "

We don't know the true answers to the above questions. BABA could easily be worth 0$ if investors one day decide that the "contract" to receive profits from Alibaba is basically BS.

Alibaba and Chinese executives come out a winner either way. Alibaba was able to raise billions from foreign investors without giving up a single bit of ownership.

... all Chinese listed companies on US exchanges are listed as Cayman shell companies, this isn't specific to Alibaba. Baidu and JD are set up the same way
.
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