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Joined: Aug 2018
Posts: 559
Campfire Regular
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Campfire Regular
Joined: Aug 2018
Posts: 559 |
Selling index and ETF funds this week sweeping out profits.50/50 chance S P moves higher next 2 months just mhop.Moving to cash sic money markets.I do believe we will a recession by the end of the year.
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Joined: Mar 2008
Posts: 5,335
Campfire Tracker
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Campfire Tracker
Joined: Mar 2008
Posts: 5,335 |
I’ve just been day trading for the last 10 months. Usually SPX ODTE, not for everyone. My .02, look at the 10yr, every time the yield looks like its gonna take off it get s smacked down. Only one with that fire power is the FED. So balance sheet increases while they raise and supposedly do QT lol. So this “not QE” is driving this market, treasury is backdooring the fed, dogs and cats living together etc.
This doesn’t end well, there is going to be a debt market implosion and we’re going to see bailouts like never before. But until then I’m fully expecting all time highs and playing it that way via index derivatives, things could get crazy to the upside before the house of cards folds, so I sure as hell wouldn’t be short right now. I’m Hedging via 3x bears DRV,FAZ,JDST (might want to pull up a chart on those going back to 2008,seriously might be the best tip you’ve ever got) .
After that, and who knows when it will be I plan on loading up on commodities and precious metals,oil etc. I’ll be buying TLT and more bitcoin too. Become your own central bank because it doesn’t look good, at a scale we can’t even begin to understand. The 5 largest banks currently have over 100 TRILLION in derivatives. We are in big trouble, when? idk this is a traders market, invest with care.
Edit to add my bank derivative estimate was wrong. It’s actually over 150 trillion for the top 3 banks. Wow.
Idk what will happen and these things always take a long time to play out, but it seems the writing is on the wall. I fear we might be in a situation like Japan in the late 80’s-90’s. Not to scare people but after that crash they didn’t reach those highs again until this year.. so if you’re a guy that cost averages indexes, which most are even “money managers “ , something to keep in mind.
Last edited by rosco1; 07/04/23.
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Joined: Dec 2022
Posts: 41,140 Likes: 51
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2022
Posts: 41,140 Likes: 51 |
Riot Platforms Inc 13.59 USD +10.22 (303.26%)year to date
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Joined: Dec 2022
Posts: 41,140 Likes: 51
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2022
Posts: 41,140 Likes: 51 |
Amazon.com, Inc. 130.38 USD +44.56 (51.92%)year to date
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Joined: Dec 2022
Posts: 41,140 Likes: 51
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2022
Posts: 41,140 Likes: 51 |
Fidelity® Contrafund® Fund 14.94 USD +2.89 (23.98%)year to date
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Joined: Mar 2008
Posts: 5,335
Campfire Tracker
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Campfire Tracker
Joined: Mar 2008
Posts: 5,335 |
Beautiful correction in progress, love 1% or more daily moves in indexs. Any day traders in here?
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Joined: Dec 2013
Posts: 13,273 Likes: 15
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 13,273 Likes: 15 |
Natural resources, EIS the Israel etf, gold and silver mining, oil, AI, RIOT, TH, PBR, 3 commodity ETFs, Carvana, Hertz warrants, POWW, and a few others. 25% in cash. Self directed IRA, not all that big. My wife has the big one, at least for us it's kinda big.
Our best asset is land that is raising mostly trees and a few cows, but mostly has appreciated probably 8 to 10 times over what we have in it.
We are not wealthy and don't use credit.
Patriotism (and religion) is the last refuge of a scoundrel. Jesus: "Take heed that no man deceive you." Hebrew Roots Judaizer
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Joined: Jul 2010
Posts: 8,580 Likes: 7
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2010
Posts: 8,580 Likes: 7 |
Look for bargains: guns, old cars , trucks , boats, atv's, tools, etc...........
something bought right is half sold. $$$CASH$$$
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Joined: Mar 2008
Posts: 5,335
Campfire Tracker
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Campfire Tracker
Joined: Mar 2008
Posts: 5,335 |
CVNA still looking squeezee. 1/24 90-100C getting heavy bids. With its short interest it could get interesting. A lot of it is open interest so looks like a good chunk of it is nothing but gamma traders. Interesting nonetheless
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Joined: Dec 2022
Posts: 41,140 Likes: 51
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2022
Posts: 41,140 Likes: 51 |
Riot Platforms Inc NASDAQ: RIOT 15.48 USD +1.94 (14.33%)today
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Joined: Mar 2006
Posts: 519
Campfire Regular
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Campfire Regular
Joined: Mar 2006
Posts: 519 |
Fidelity® Contrafund® Fund 14.94 USD +2.89 (23.98%)year to date I've been in the Contrafund for years....it has served me well.
Last edited by remington; 07/08/23.
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Joined: Dec 2022
Posts: 41,140 Likes: 51
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2022
Posts: 41,140 Likes: 51 |
Riot Platforms Inc 16.86 USD +13.49 (400.30%)year to date
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Joined: Mar 2008
Posts: 5,335
Campfire Tracker
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Campfire Tracker
Joined: Mar 2008
Posts: 5,335 |
Riot Platforms Inc 16.86 USD +13.49 (400.30%)year to date Are you selling these when you post or just posting paper gains in a bull run?
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Joined: Dec 2022
Posts: 41,140 Likes: 51
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2022
Posts: 41,140 Likes: 51 |
Making a metric shiit ton of money
Riot Platforms Inc 17.51 USD YTD +14.14 (419.58%)
Riot Platforms Inc 17.51 USD +0.65 (3.86%)today
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Joined: Dec 2022
Posts: 41,140 Likes: 51
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2022
Posts: 41,140 Likes: 51 |
Been buying and selling this for years.
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Joined: Mar 2008
Posts: 5,335
Campfire Tracker
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Campfire Tracker
Joined: Mar 2008
Posts: 5,335 |
Nice. Riot should be an easy hold too, I think $BTC is just getting started. My personal favorite crypto follower is COIN, but might grab some 1/24 cons on Riot too.
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Joined: Dec 2022
Posts: 41,140 Likes: 51
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2022
Posts: 41,140 Likes: 51 |
Riot Platforms Inc NASDAQ: RIOT 20.29 USD +2.64 (14.96%)today
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Joined: Mar 2008
Posts: 5,335
Campfire Tracker
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Campfire Tracker
Joined: Mar 2008
Posts: 5,335 |
Coin 100C 6000%. Went 10,000% if you bought at open
Last edited by rosco1; 07/13/23. Reason: Wrong strike
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Joined: Mar 2008
Posts: 5,335
Campfire Tracker
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Campfire Tracker
Joined: Mar 2008
Posts: 5,335 |
Speaking of coin XRP got re-listed after wining the sec court case. Made 90% on it today. Holding on to that one though
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Joined: Dec 2022
Posts: 41,140 Likes: 51
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2022
Posts: 41,140 Likes: 51 |
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