Two Plus Two Publishing LLC
Two Plus Two Publishing LLC
 

Go Back   Two Plus Two Poker Forums > >

Notices

Business, Finance, and Investing Making money, investing in markets, and running businesses

Reply
 
Thread Tools Display Modes
Old 12-29-2019, 02:53 PM   #1
Morishita System
old hand
 
Morishita System's Avatar
 
Join Date: Jan 2011
Posts: 1,387
2020 Stock Trading Thread

Setting it up for the new year.

Want to buy KRUS after the stock market crashes, but that may take awhile.

Do we crash in 2020, or does this mark the start of a new secular bull market?
Morishita System is offline   Reply With Quote
Old 01-01-2020, 01:46 PM   #2
A_C_Slater
Carpal \'Tunnel
 
A_C_Slater's Avatar
 
Join Date: Oct 2004
Location: Beware of microchip vaccine
Posts: 8,136
Re: 2020 Stock Trading Thread

Dwindling global fish stocks don't look good for the future growth of KRUS. They market themselves as cheap sushi, I don't know how that can continue when your fish supply becomes more scarce.
A_C_Slater is offline   Reply With Quote
Old 01-01-2020, 02:52 PM   #3
Morishita System
old hand
 
Morishita System's Avatar
 
Join Date: Jan 2011
Posts: 1,387
Re: 2020 Stock Trading Thread

Quote:
Originally Posted by A_C_Slater View Post
Dwindling global fish stocks don't look good for the future growth of KRUS. They market themselves as cheap sushi, I don't know how that can continue when your fish supply becomes more scarce.
Most of the fish they use is very sustainable and KRUS are logistics gods, so it is not really a concern to me.
Even if fish stocks collapse, they still have Kura Burger.
Morishita System is offline   Reply With Quote
Old 01-02-2020, 10:48 AM   #4
coordi
Carpal \'Tunnel
 
coordi's Avatar
 
Join Date: May 2007
Location: On the shorter side
Posts: 20,677
Re: 2020 Stock Trading Thread

Happy New year Boyz. Hope you don't have any open positions on TD!
coordi is offline   Reply With Quote
Old 01-02-2020, 11:15 AM   #5
CandyKreep
Carpal \'Tunnel
 
CandyKreep's Avatar
 
Join Date: Apr 2008
Location: Orlando, FL
Posts: 6,234
Re: 2020 Stock Trading Thread

Quote:
Originally Posted by coordi View Post
Happy New year Boyz. Hope you don't have any open positions on TD!
Nope, but hooray for being long AMD going into this morning
CandyKreep is offline   Reply With Quote
Old 01-02-2020, 11:18 AM   #6
ToothSayer
Carpal \'Tunnel
 
ToothSayer's Avatar
 
Join Date: Jul 2015
Location: BFI Thought Leader
Posts: 11,078
Re: 2020 Stock Trading Thread

Short all the crap this year (this is moving against me about 1% since pre-open so entry is fine). 100% short.

AMZN
CMG
FB
MU
NFLX
TLRY
TSLA
WYNN
DGLY
GBTC
ToothSayer is offline   Reply With Quote
Old 01-02-2020, 11:20 AM   #7
Shuffle
Carpal \'Tunnel
 
Shuffle's Avatar
 
Join Date: Jan 2011
Posts: 10,394
Re: 2020 Stock Trading Thread

Everything will keep going up as long as the Fed is printing money.

Balance sheet and liquidity are all that matters.
Shuffle is online now   Reply With Quote
Old 01-02-2020, 05:00 PM   #8
Shuffle
Carpal \'Tunnel
 
Shuffle's Avatar
 
Join Date: Jan 2011
Posts: 10,394
Re: 2020 Stock Trading Thread

Dow 30,000 next two weeks.
Shuffle is online now   Reply With Quote
Old 01-02-2020, 05:09 PM   #9
TeflonDawg
Pooh-Bah
 
TeflonDawg's Avatar
 
Join Date: Oct 2006
Location: RetiredExtremelyDangerous
Posts: 5,219
Re: 2020 Stock Trading Thread

I was just talking about this today. The market is a lock to keep climbing, at minimum, through the 2020 election is it not? Trump will manipulate it as best he can until then for obvious reasons.
TeflonDawg is offline   Reply With Quote
Old 01-02-2020, 05:09 PM   #10
Clayton
Carpal \'Tunnel
 
Clayton's Avatar
 
Join Date: Oct 2004
Location: San Diego
Posts: 31,589
Re: 2020 Stock Trading Thread

agree that as long as this fake-QE thing keeps going, stocks prob gonna go up also

don't wanna macro-tard this thread up too much but to have any opinion on when this party ends seems foolish. this could end in 3 months and it could just as easily end in 9 years
Clayton is offline   Reply With Quote
Old 01-02-2020, 05:12 PM   #11
Clayton
Carpal \'Tunnel
 
Clayton's Avatar
 
Join Date: Oct 2004
Location: San Diego
Posts: 31,589
Re: 2020 Stock Trading Thread

Quote:
Originally Posted by TeflonDawg View Post
I was just talking about this today. The market is a lock to keep climbing, at minimum, through the 2020 election is it not? Trump will manipulate it as best he can until then for obvious reasons.
i dont think having a macro opinion hinges on trump anymore. he talked his book, so to speak, on the tax cuts and the trade war. the easing of trade war tensions has been bought up since the first week of october. he can't really talk it up any more.

to me it's a) does fed continue this repo market QE b) FOMC future rate policy adjustment c) economic data. i dont think there's any big "gotcha" moment unless powell gets off his uberdove phase. frankly i think you can point more to powell than china if you were trying to explain the december 2018 crash. thus it's fair to argue that he alone has the power to rock the boat at this point.
Clayton is offline   Reply With Quote
Old 01-02-2020, 05:26 PM   #12
the pleasure
Pooh-Bah
 
the pleasure's Avatar
 
Join Date: Oct 2012
Posts: 5,075
Re: 2020 Stock Trading Thread

Quote:
Originally Posted by ToothSayer View Post
Short all the crap this year (this is moving against me about 1% since pre-open so entry is fine). 100% short.

AMZN
CMG
FB
MU
NFLX
TLRY
TSLA
WYNN
DGLY
GBTC
yeah. no. dont do that. youre literally telling people to burn money.
the pleasure is offline   Reply With Quote
Old 01-02-2020, 05:35 PM   #13
Nonfiction
Carpal \'Tunnel
 
Nonfiction's Avatar
 
Join Date: Aug 2006
Location: Penis
Posts: 12,454
Re: 2020 Stock Trading Thread

insane just pure melting up
Nonfiction is offline   Reply With Quote
Old 01-02-2020, 08:34 PM   #14
turtletom
old hand
 
Join Date: Aug 2015
Posts: 1,676
Re: 2020 Stock Trading Thread

Quote:
Originally Posted by turtletom View Post
Short pretty big position in the S&p's at close today, but not so big I can't take heat. Upside likely very limited from here.

Also, still in my slv position. Lost a little bc of option decay but turned most into an equity position. Still sitting around breakeven.
Still in this from 12/19. Got about 20% smaller in the S&P's because I was a little early imo.

I don't see any compelling reason to be long this market. Obvi I've been wrong so far but my slv position is making up for any losses I've had in the ES short.
turtletom is offline   Reply With Quote
Old 01-02-2020, 08:42 PM   #15
ToothSayer
Carpal \'Tunnel
 
ToothSayer's Avatar
 
Join Date: Jul 2015
Location: BFI Thought Leader
Posts: 11,078
Re: 2020 Stock Trading Thread

Quote:
Originally Posted by the pleasure View Post
yeah. no. dont do that. youre literally telling people to burn money.
Posted this in the wrong thread. That was for the 2020 stock contest, not a trading recommendation.

And Amazon will go a lot lower before it inevitably goes higher. The loss of cloud to Microsoft, predicted years ago by yours truly, will hurt their multiples badly. As will any correction in the market. Amazon is probably the only one on that list that's a great long term investment even at these highs. But it will see much lower than its current $1900 first.
ToothSayer is offline   Reply With Quote
Old 01-02-2020, 08:43 PM   #16
SuperSwag
Pooh-Bah
 
Join Date: May 2012
Posts: 5,090
Re: 2020 Stock Trading Thread

SuperSwag is offline   Reply With Quote
Old 01-02-2020, 08:45 PM   #17
Shuffle
Carpal \'Tunnel
 
Shuffle's Avatar
 
Join Date: Jan 2011
Posts: 10,394
Re: 2020 Stock Trading Thread

Speaking of AMD ...

Shuffle is online now   Reply With Quote
Old 01-02-2020, 08:51 PM   #18
Shuffle
Carpal \'Tunnel
 
Shuffle's Avatar
 
Join Date: Jan 2011
Posts: 10,394
Re: 2020 Stock Trading Thread

Fed term repo operations are on auto-pilot until they announce their next schedule on Jan. 14. The market should continue to go up nearly every day until then, and probably through opex unless the Fed has a surprise when they do the next update.
Shuffle is online now   Reply With Quote
Old 01-02-2020, 09:16 PM   #19
turtletom
old hand
 
Join Date: Aug 2015
Posts: 1,676
Re: 2020 Stock Trading Thread

So up ~8 days in a row minimum? Lol, nah. Wouldn't bank on that pal.

That's like saying you know your royal flush is coming in runner runner. Also, when you say **** like that it is clear you just want to make some outrageous call that will come in 1% of the time and then proclaim you are a genius for "predicting" it. I'm just going to let you know that no one cares about predictions and anyone with a clue knows that nobody can make them with any accuracy. Making a guess based on probabilities is doable when the market is set-up in an inefficient manner.

The only time making predictions is positive EV is if you are selling a newsletter because if you are right you can run with it for 20 years like all the perma bear newsletter writers. You writing a letter shuffle?
turtletom is offline   Reply With Quote
Old 01-02-2020, 11:32 PM   #20
the pleasure
Pooh-Bah
 
the pleasure's Avatar
 
Join Date: Oct 2012
Posts: 5,075
Re: 2020 Stock Trading Thread

I bought in at AMD for like 24-25$ and im a ****ing btich for not buying in more at liek 19$ i told everyone to get the **** in a year ago when it bottomed out to 18 but I didnt
the pleasure is offline   Reply With Quote
Old 01-03-2020, 09:14 AM   #21
Throw Away Your TV
stranger
 
Join Date: Jan 2020
Posts: 1
Re: 2020 Stock Trading Thread

Exciting times ahead. Could I ask BFI for advice? I was a prop trader in mainly equities and energy. I finished up a couple of months ago, and I'm seeking new opportunities. Up until now my resume said I was still at my former workplace. I thought it made me more hire-able.

I feel though, after the current events that I any application I make will look strange. Why would anyone be seeking to move at this time? Do I hold off applying for a while, or do I change my resume? I think both open up questions, but the latter is the better choice?
Throw Away Your TV is offline   Reply With Quote
Old 01-03-2020, 09:16 AM   #22
turtletom
old hand
 
Join Date: Aug 2015
Posts: 1,676
Re: 2020 Stock Trading Thread

Quote:
Originally Posted by turtletom View Post
Still in this from 12/19. Got about 20% smaller in the S&P's because I was a little early imo.

I don't see any compelling reason to be long this market. Obvi I've been wrong so far but my slv position is making up for any losses I've had in the ES short.
Just doubled my short at 3227. Have a feeling we are going to **** into the weekend because of the uncertainty that is going to surround this WWIII stuff. Crazy things are possible like 3150.

Of course I could be wrong and the market shakes it off but no one is really positioned for bad news. Risk Reward is very skewed here.
turtletom is offline   Reply With Quote
Old 01-03-2020, 10:40 AM   #23
Shuffle
Carpal \'Tunnel
 
Shuffle's Avatar
 
Join Date: Jan 2011
Posts: 10,394
Re: 2020 Stock Trading Thread

Think market goes green today, lots of hot money chasing yesterday. Then some profit taking at the end for a small decline.
Shuffle is online now   Reply With Quote
Old 01-03-2020, 11:47 AM   #24
Shuffle
Carpal \'Tunnel
 
Shuffle's Avatar
 
Join Date: Jan 2011
Posts: 10,394
Re: 2020 Stock Trading Thread

Bought 20 SPY 323.5 calls expiring today for a gamble @ 0.22
Shuffle is online now   Reply With Quote
Old 01-03-2020, 12:43 PM   #25
Shuffle
Carpal \'Tunnel
 
Shuffle's Avatar
 
Join Date: Jan 2011
Posts: 10,394
Re: 2020 Stock Trading Thread

Bought 323 @ .24 sold .38 probably should have let it run
Shuffle is online now   Reply With Quote

Reply
      

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Forum Jump


All times are GMT -4. The time now is 11:24 PM.


Powered by vBulletin®
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Copyright 2008-2017, Two Plus Two Interactive
 
 
Poker Players - Streaming Live Online