January 6, 20214 yr 3 minutes ago, GRHorn said: Started a position today in MP. Largest rare Earth miner in Western Hemisphere. Will be critical going forward. Should also benefit from continued monetary expansion and resulting commodity boom. A mining company in California. Yikes. It's a good investment though. If I remember correctly, most of the REM's are mined in China.
January 6, 20214 yr 2 hours ago, hornbri said: I can see why people would support increasing LTCG (kinda) but why would you support LTCG be greater than ordinary income (top bracket 37%)? I don't think he would have the votes to do that. hes also pushing the top bracket up to 39.x so both would be at parity trying to atleast
January 6, 20214 yr 33 minutes ago, Cheeseweasel said: A mining company in California. Yikes. It's a good investment though. If I remember correctly, most of the REM's are mined in China. They’re going to be supported due to strategic importance.
January 7, 20214 yr 20 minutes ago, Anastasis said: Name something that could cause the markets to go down. Mutation that none of our current vaccines protect against and spreads 70% faster than the original strain and is 10x as deadly...until the afternoon session and then we claw back to even by the closing bell.
January 7, 20214 yr 25 minutes ago, Anastasis said: Name something that could cause the markets to go down. Good news?
January 7, 20214 yr 28 minutes ago, Anastasis said: Name something that could cause the markets to go down. Jeff Bezos dying on the shitter while eating a peanut butter and banana sandwich?
January 7, 20214 yr 34 minutes ago, Anastasis said: Name something that could cause the markets to go down. Interest rates begin to increase. Significant increases in capital gains tax rates
January 7, 20214 yr 4 hours ago, EuroHorn said: Significant increases in capital gains tax rates Where would the capital go - offshore and sheltered? Probably most will still stay in the US equities market (earnings 20% interest sitting on the beach...)
January 7, 20214 yr 1 hour ago, 52-80 said: market is fucking gangbusters apparently the market likes a coup, or maybe it really likes a failed coup
January 7, 20214 yr i need a few more days like this to delude my ego into thinking im a trading god, before i lose the entire house and the kitchen sink
January 7, 20214 yr 13 hours ago, Anastasis said: Name something that could cause the markets to go down. The Fed raising interest rates to 13%. Us old guys remember.
January 7, 20214 yr 35 minutes ago, Wally Fairway said: apparently the market likes a coup, or maybe it really likes a failed coup What about a failed fake coup, like Turkey a few years back? Can't remember how the market reacted to that one. Edited January 7, 20214 yr by Trey3216
January 7, 20214 yr 1 hour ago, Cheeseweasel said: The Fed raising interest rates to 13%. Us old guys remember. Is that yield for a day, or a week? Any longer than that and I’m not interested
January 7, 20214 yr 12 minutes ago, 52-80 said: Is that yield for a day, or a week? Any longer than that and I’m not interested WallStreetBets has entered the chat
January 7, 20214 yr 14 hours ago, 52-80 said: Where would the capital go - offshore and sheltered? Probably most will still stay in the US equities market (earnings 20% interest sitting on the beach...) Right now with negative real interest rates, there isn’t really any good alternatives besides taking risk in the market. Especially given how much money has been printed. So you’re probably right.
January 7, 20214 yr 6 hours ago, Wally Fairway said: apparently the market likes a coup, or maybe it really likes a failed coup Stupid me blowing up money buying SPY puts again. Markets only go up.
January 8, 20214 yr 34 minutes ago, Anastasis said: Stupid me blowing up money buying SPY puts again. Markets only go up. #MeToo But I have some 2022 calls that offset those losses
January 8, 20214 yr 17 hours ago, Anastasis said: Stupid me blowing up money buying SPY puts again. Markets only go up. ThanK you for your contribution.
January 8, 20214 yr On 1/7/2021 at 12:35 PM, Cheeseweasel said: The Fed raising interest rates to 13%. Us old guys remember. concur I had friends who made money by arbitraging their student loans, those were locked at 3-5% and they would buy 6-9 month CD's at 15-17%. These guys were happy to borrow the maximum amount allowed, to earn risk free income.
January 11, 20214 yr So y’all that are long the stock market, do you sleep well at night? I mean, this is the weirdest stock market I’ve seen since I started paying attention to markets in the 90s. This past year the lockdowns gutted a large part of the economy...and we make all-time highs every day.
January 11, 20214 yr 6 minutes ago, XYZ said: So y’all that are long the stock market, do you sleep well at night? I mean, this is the weirdest stock market I’ve seen since I started paying attention to markets in the 90s. This past year the lockdowns gutted a large part of the economy...and we make all-time highs every day. The market is irrational. I observed my parents' portfolio starting in the 80s and have observed what happened. Theirs was mostly a "couch potato portfolio." It got beat, like everyone, in all of the booms and busts since that time. But the next run-up always outstripped what they lost. Had they attempted to move to cash, and get back in, both at the right times, there was significant risk that the run-up would not have benefited them. Had they been able to time it right, sure it would have been fantastico, but that's a big maybe. As long as you're well diversified and have no immediate need to pull a chunk of your portfolio into cash to spend on something, hold fast.
January 11, 20214 yr 37 minutes ago, XYZ said: So y’all that are long the stock market, do you sleep well at night? I mean, this is the weirdest stock market I’ve seen since I started paying attention to markets in the 90s. This past year the lockdowns gutted a large part of the economy...and we make all-time highs every day. stocks only go up.
January 11, 20214 yr On 1/8/2021 at 1:01 PM, Wally Fairway said: concur I had friends who made money by arbitraging their student loans, those were locked at 3-5% and they would buy 6-9 month CD's at 15-17%. These guys were happy to borrow the maximum amount allowed, to earn risk free income. I was a dumbass and just bought kegs with mine. Sub 2% though.
January 11, 20214 yr I predict the dart board theory that worked so well since March 2020 is about to come to a screeching halt. Hopefully it won't be a painful retreat and just a boring up a few points down a few points every day until the markets feel out whether or not this administration is going to throttle Corporations with lots of neckholds.
January 11, 20214 yr 8 hours ago, XYZ said: So y’all that are long the stock market, do you sleep well at night? I mean, this is the weirdest stock market I’ve seen since I started paying attention to markets in the 90s. This past year the lockdowns gutted a large part of the economy...and we make all-time highs every day. I'm long bluechips and if those goes down, there's no hope for the rest of the market. My main account is now slightly bullish selling options, but on those trades I can pick the risk levels, and it demands active monitoring which I consider fun, not a chore. The bigger worry is that all the gains are illusory if the USD will be worth as much as a german Papiermark
January 11, 20214 yr 13 hours ago, XYZ said: So y’all that are long the stock market, do you sleep well at night?
January 11, 20214 yr On 1/6/2021 at 10:05 AM, hornbri said: I can see why people would support increasing LTCG (kinda) but why would you support LTCG be greater than ordinary income? Incentivize investment in the actual economy rather than the casino investments. 13 hours ago, 52-80 said: The bigger worry is that all the gains are illusory if the USD will be worth as much as a german Papiermark It is always a worry that the USD loses its reserve currency status. At this moment, the US economy faltering is the greatest risk to the USD’s status. Both China and crypto-currencies are betting on replacing the USD as the world’s dominant currency. If we lose that, we lose it all.
January 11, 20214 yr 41 minutes ago, washparkhorn said: Incentivize investment in the actual economy rather than the casino investments. Capital Gains rates apply to value business owners create when they sell a business. Not sure whats more “actual economy” than starting a business.
January 12, 20214 yr 4 hours ago, Incredulity said: Capital Gains rates apply to value business owners create when they sell a business. Not sure whats more “actual economy” than starting a business. https://www.cbpp.org/research/federal-tax/substantial-income-of-wealthy-households-escapes-annual-taxation-or-enjoys The scope of the issue for most looking at the issue is above. The situation you describe represents the ideal situation where one might treat capital gains differently than Wall Street wagers and capital gains from those winnings. Hook 'em.
January 12, 20214 yr 4 minutes ago, washparkhorn said: https://www.cbpp.org/research/federal-tax/substantial-income-of-wealthy-households-escapes-annual-taxation-or-enjoys The scope of the issue for most looking at the issue is above. The situation you describe represents the ideal situation where one might treat capital gains differently than Wall Street wagers and capital gains from those winnings. Hook 'em. Mark to market taxation of capital gains(as proposed by your link) is nearly as stupid as a wealth tax. Accountant and Appraiser job creation project is what it would end up being.
January 12, 20214 yr 12 minutes ago, Incredulity said: Mark to market taxation of capital gains(as proposed by your link) is nearly as stupid as a wealth tax. Accountant and Appraiser job creation project is what it would end up being. Big Data + AI will eliminate most of those accountant/appraiser jobs, unfortunately for humans. Efficiency, efficiency, efficiency. Until the mythical day when the big boys surrender their tax breaks (never happen), use those advantages and follow what the big boys do. With this market, the USD's dominance as the world's reserve currency is our most important economic concern as a nation. Lose that and we lose everything else. The US will go to war to protect that status.
January 12, 20214 yr Hell, I'm nervous as hell that next week will be worse than last week. But just based on the reports of planned riots. I have not changed anything on my long term strategy yet but still kicking myself for not going to cash last January when the first reports were coming in from China and Senators were lying to us.
January 12, 20214 yr 32 minutes ago, TexasEd said: Hell, I'm nervous as hell that next week will be worse than last week. But just based on the reports of planned riots. I have not changed anything on my long term strategy yet but still kicking myself for not going to cash last January when the first reports were coming in from China and Senators were lying to us. If you’d gone all cash in January, when do you think you’d have gotten back into the market ? The market is currently up about 63% since the March dip and about 10% since last January
January 12, 20214 yr 1 minute ago, EuroHorn said: If you’d gone all cash in January, when do you think you’d have gotten back into the market ? The market is currently up about 63% since the March dip and about 10% since last January probably after the market was up 10% from the bottom or around the time people could find toilet paper I'm in 20% cash since October
January 12, 20214 yr 12 minutes ago, HiggyBaby said: Anyone catch SIGL ride?https://apple.news/AKRl--My3RiunvgW3Z1Bqtg Sounds like something the SEC will jump in on and cancel all trades.
January 12, 20214 yr 1 hour ago, Cheeseweasel said: Markets don't care until they riot the Fed and hurt the printer.
January 13, 20214 yr 21 minutes ago, Eastwood said: Woe unto those who shorted GameStop. 309% increase in E-commerce sales doesn't seem sustainable and I'm guessing most of that is traffic from people trying to get the PS5. But well done, anyone who was playing this long. Sell!!!!
January 13, 20214 yr 122% institutional ownership with 160% short float. The naked shorting of this stock will be eventually investigated, IMO.
January 13, 20214 yr gme is deadass business but the short squeeze was inevitable, that thing was a powder keg
January 13, 20214 yr took me getting my hands burned on bbby, jwn, and gsx, to not touch shit with high short interest
January 14, 20214 yr 20 hours ago, 52-80 said: took me getting my hands burned on bbby, jwn, and gsx, to not touch shit with high short interest That's one of the reasons why I am waaaay overweight in LGND. Volatile stock, but an interesting pharma play due to all of their partnerships. Went a bit overboard when it dipped down to the $80-85 range, so the recent run up is nice. I'll sit on this one as long as it takes, but they are always one of the most heavily shorted stocks around. Healthy balance sheet and a pipeline full of possibilities.
January 14, 20214 yr Happy I bought my SPCE lotto ticket around $18. Potential to be the next TSLA w fan boys. Also gave in and bought TSLA at the split. Makes zero fucking sense but what does these days? Anyways, you should all sell these names because me posting is the kiss of death.
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.