ELON TUSK IS GOD

[sonatine]

crossposting because honestly this is becoming an insanely useful resource:

https://www.stockamets.com/focus/

every night i compile a list of the top gainers, top losers, and top volatility. i then remove anything with less than 1m volume and selling under $10 per share.

then i format it so you can literally copy it and paste into ThinkorSwim as a watchlist.

not terribly useful for extended holds but if youre looking for candidates for scalps or swings, honestly this shit is working out pretty well.

[sonatine]

uber closed their AI labs today.

[OSA]

uber closed their AI labs today.

My VP of sales goes AI is short for what?

Me: Artificial Intelligence

Him: Yea, Artificial, meaning not real.

I almost had to mute my Zoom meeting cause I was dying laughing. Mind you I work for a software company.

[ErickAA]

crossposting because honestly this is becoming an insanely useful resource:

https://www.stockamets.com/focus/

every night i compile a list of the top gainers, top losers, and top volatility. i then remove anything with less than 1m volume and selling under $10 per share.

then i format it so you can literally copy it and paste into ThinkorSwim as a watchlist.

not terribly useful for extended holds but if youre looking for candidates for scalps or swings, honestly this shit is working out pretty well.

OK. I copy pasted the 5/26 stocks into the watchlist. Now what do I do?

[sonatine]

roll out some indicators, do some technical analysis, then yolo all the money by ignoring everything you ever learned because stonks... always... go.. up.

[Tellafriend]

Embedded Tweet

https://twitter.com/morningbrew/status/1265321405786308608

[Daly]

Lolz, Stonks

[Dan Druff]

Here you go Daly

:stonks





:notstonks

[simpdog]

[ErickAA]

Fuck.

I did it again.

Had some SPY 302 puts, sold at 299, and it bumped up to 300 and I was feeling good about my choice, but now it has dipped back down to the 297 area.

Just can't get out of my own way with these.

[Daly]

The 50% i sold off I rebought at SPY 297 via SPXL.

[OSA]

No it's actually better, there's such a glut of oil that they are paying the ships to sit off the coast and store it.

So they are getting the daily rates without having to burn any fuel by actually having to move product.

I see. And the alternative is they ship them around per business as usual

Much appreciated for the tip. Up 14% since purchased

[OSA]

Thoughts on Spirit Airlines? Still trading around $10 and has been as high as $80 and came into the virus at $43. From my understanding it's a shitty budget airline in good shape as far as cash and my guess is they come out of this ok. Considering tossing some money at it.

Didnt want to saturate my port with too many airlines since I have enough with BA but scooped up some and already up 18%. Marvelous

[ErickAA]

I see. And the alternative is they ship them around per business as usual

Much appreciated for the tip. Up 14% since purchased

I got some EURN, and doing equally well. Abrown, do you recommend cashing out now, or do you think there is more room for upside?

[ErickAA]

If market opens tomorrow about 303 tomorrow morning I imagine 5/29 SPY puts will be very +EV.

[Daly]

The 50% i sold off I rebought at SPY 297 via SPXL.

[peter mcneil]

Much appreciated for the tip. Up 14% since purchased

I got some EURN, and doing equally well. Abrown, do you recommend cashing out now, or do you think there is more room for upside?

Not sure about Eurn but I'm holding my FRO for awhile. Nice momentum up, getting a bit of media attention, pays a fantastic dividend and Q1 profits look to improve q2 and 3.

[abrown83]

I got some EURN, and doing equally well. Abrown, do you recommend cashing out now, or do you think there is more room for upside?

Not sure about Eurn but I'm holding my FRO for awhile. Nice momentum up, getting a bit of media attention, pays a fantastic dividend and Q1 profits look to improve q2 and 3.

I am going to see if I can ride the momentum through a Dividend Capture (meaning it should open $.70 down on the EX Div Date) but see if we can squeeze that margin out maybe it only moves down .5-.6 and we can get a bit more out of it.

Probably not holding much after 6/5 though, just cause this is in my action account and I get bored if I am not trading.

[ErickAA]

The 50% i sold off I rebought at SPY 297 via SPXL.

Whats the advantage/disadvantage/logic of trading S&P via SPXL vs SPY?

[abrown83]

I am almost break even on RCL lulz, now if it can just not go above 81 till after January so I can make a lot more money.

I think I am going to move out of this position tomorrow.

It will end up somewhere around $12k-$15k in profit.

I had about 110k in it and at one point I was down >$60,000. It was legit not good for my head space but so is life.

I probably won't be taking major gambles to this extreme again anytime soon. Feels better making 15-20% annually and having a fuck around account instead.