forums

Off-Topic Stock Market & Crypto Discussion

CFLCane said:
Nvidia has earnings next week. Seen a few chipmakers run up recently heading into earnings than sell off. AMD being the recent example. Ran up to 58-59ish than sold off to 49 within a few days. I scalped 4% on a bounce from the high 49's.
Click to expand...
love amd and NVIDIA
 
Advertisement
D.L.I.N.K.D.A.GR8 said:
Cryptocurrency digital assets

Bitcoin halving coming may 12th

Huge bull run coming soon

Buy ****load of coins mainly on coinbase (mainly xrp xlm link eth zrx atom xtz )

Go to crypto.com buy a ****load of cardano vechain enjin icon mana bnb

Other coins would be hbar ziliqua nem tron waves lisk binance.us have those on the exchanges good luck gentlemen
Click to expand...

looks like coins are starting a little run up here
 
Bird4um said:
I can agree with you.. I've sold lots.... Just dropped my REIT... which was a 10% divi..Iv'e had over 15 years..

Are you dropping safe plays like an Amazon or Microsoft, NVIDIA? or more speculative players?
Click to expand...

I made my kids rich with Amazon (when they grow to adults), but I’m going to be 70% cash pretty soon and just hunt and peck for good opportunities, so I’m going conservative but vigilant for the next few months.

I’ve traded in and out of Apple for the last seven years, and made an absolute killing just following chart trends and oversold vs overbought. Honestly, though, I got into Apple at around $60 in 2013 and rode it up to around 300 pre covid crash (sold all earlier in year). As far as my buy/sell strategy, tbh, I would have made an almost identical return (just a few % less) just having bought and hold, but I loved the juice of trading in and out at certain times, and trying to outguess the market. I don’t recommend anybody do what I do.

I also used to get a thrill making plays around earning calls using hedges to mitigate my risk. It’s like being in Vegas...the thrill of the earning calls, the feeling when you score. The kick in the *** when you get a haircut.
 
Advertisement
OriginalCanesCanesCanes said:
I made my kids rich with Amazon (when they grow to adults), but I’m going to be 70% cash pretty soon and just hunt and peck for good opportunities, so I’m going conservative but vigilant for the next few months.

I’ve traded in and out of Apple for the last seven years, and made an absolute killing just following chart trends and oversold vs overbought. Honestly, though, I got into Apple at around $60 in 2013 and rode it up to around 300 pre covid crash (sold all earlier in year). As far as my buy/sell strategy, tbh, I would have made an almost identical return (just a few % less) just having bought and hold, but I loved the juice of trading in and out at certain times, and trying to outguess the market. I don’t recommend anybody do what I do.

I also used to get a thrill making plays around earning calls using hedges to mitigate my risk. It’s like being in Vegas...the thrill of the earning calls, the feeling when you score. The kick in the *** when you get a haircut.
Click to expand...
I think I enjoy the excitement the same way. I’ve always wanted to be a buy and hold guy, but it’s hard not to react to what you see as obvious. I have a passive money manager. His job is the long term 70/30. Sometimes I’ll have him move me into cash, but it upsets him. I know when he becomes income driven, I’ll step away 100%. For now I trade almost double what he has of mine. I think when I turn 50 or maybe 55, if my wife lets me hold out that long, that will be the age I stop and give him what I have allocated for capital markets. I just enjoy trading too. FWIW I still think amazon and gold are undervalued long term, regardless of what this current economy does going forward. I think 2900 and 2100 are fair and reasonable by years end for the two of them. I think they’ll both dip with the market and create another opportunity
 
Last edited:
OriginalCanesCanesCanes said:
I made my kids rich with Amazon (when they grow to adults), but I’m going to be 70% cash pretty soon and just hunt and peck for good opportunities, so I’m going conservative but vigilant for the next few months.

I’ve traded in and out of Apple for the last seven years, and made an absolute killing just following chart trends and oversold vs overbought. Honestly, though, I got into Apple at around $60 in 2013 and rode it up to around 300 pre covid crash (sold all earlier in year). As far as my buy/sell strategy, tbh, I would have made an almost identical return (just a few % less) just having bought and hold, but I loved the juice of trading in and out at certain times, and trying to outguess the market. I don’t recommend anybody do what I do.

I also used to get a thrill making plays around earning calls using hedges to mitigate my risk. It’s like being in Vegas...the thrill of the earning calls, the feeling when you score. The kick in the *** when you get a haircut.
Click to expand...

OCCC , you have the stones to play the Casino which you know when to fold good for you , I myself went Mutual Pioneer funds Roth and a pretty good Annuity Alianz with the bulk of my bank always made 3-4 points every year solid even now 2-3 point never loses .
Our company Profit Sharing is pretty impressive and most recently a 401k about 6 years old added.

I paid myself first from 20 years old till now 621/2 "compound interest ) brother a great thing I'm drooling for 66.6 to start SS and hang it up Jan. 2024 , house has 3 year left to be paid for worth $500K plus.

Boy I spilled the beans here but it's OK it all VERY VERY good , but it was UNGODLY tough on me 45 year working none stop (6-7 days a week) off the chain to get to this point, THERE WAS / IS ABSOLUTELY NO FREE LUNCH...BUT

I can retire soon and live like no other :)
 
Advertisement
OriginalCanesCanesCanes said:
I made my kids rich with Amazon (when they grow to adults), but I’m going to be 70% cash pretty soon and just hunt and peck for good opportunities, so I’m going conservative but vigilant for the next few months.

I’ve traded in and out of Apple for the last seven years, and made an absolute killing just following chart trends and oversold vs overbought. Honestly, though, I got into Apple at around $60 in 2013 and rode it up to around 300 pre covid crash (sold all earlier in year). As far as my buy/sell strategy, tbh, I would have made an almost identical return (just a few % less) just having bought and hold, but I loved the juice of trading in and out at certain times, and trying to outguess the market. I don’t recommend anybody do what I do.

I also used to get a thrill making plays around earning calls using hedges to mitigate my risk. It’s like being in Vegas...the thrill of the earning calls, the feeling when you score. The kick in the *** when you get a haircut.
Click to expand...

You could classify playing the market as a form of gambling....Informed gambling
 
Quick story:

Hundred years ago a former Cane player asked me if I'd invest with him in a new restaurant starting up called "OUTBACK STEAKHOUSE" well I was struggling at the time didn't have anything liquid but $50K-70K in my profit sharing at the time and NO WAY would the wife go for it so I passed.

That same ex-player I think has 6 or so restaurants that I know of up the West Coast of Fla and a 65' yacht on the inland waterway in back yard.

OH WELL
 
GOCANES05 said:
Quick story:

Hundred years ago a former Cane player asked me if I'd invest with him in a new restaurant starting up called "OUTBACK STEAKHOUSE" well I was struggling at the time didn't have anything liquid but $50K-70K in my profit sharing at the time and NO WAY would the wife go for it so I passed.

That same ex-player I think has 6 or so restaurants that I know of up the West Coast of Fla and a 65' yacht on the inland waterway in back yard.

OH WELL
Click to expand...
Funny how economics is quite like gambling...
 
Advertisement
CFLCane said:
Let's hear you unpack your conspiracies about us not being 25+trillion in debt with 16% unemployment. Or let's hear literally any of your equity knowledge besides your generic gambling response. The same one usually muttered by people who don't know wtf they're talking about.
Click to expand...

Actually, we are about +/- $60T+ in debt when Federal, State, and Local UFLs are taken into account.

Unemployment has already been announced at/near 25% as of earlier this week.

Our public fiscal outlook over the next 25 years is not good.

We need to start annexing other countries or printing funny money (like we don't already).

No other way possible.

I suppose undersea and/or off-world mining might get it, but almost laughable (at this time) to consider.
 
Advertisement
Empirical Cane said:
Actually, we are about +/- $60T+ in debt when Federal, State, and Local UFLs are taken into account.

Unemployment has already been announced at/near 25% as of earlier this week.

Our public fiscal outlook over the next 25 years is not good.

We need to start annexing other countries or printing funny money (like we don't already).

No other way possible.

I suppose undersea and/or off-world mining might get it, but almost laughable (at this time) to consider.
Click to expand...

So you're saying we should put a bid on greenland ?🤣🤣. Or maybe we can lease the louisiana purchase back to the french?

Space force towing service for double parked ateroids? Towed to earth for impoundment/mining? I like where your head is at.
 
CFLCane said:
So you're saying we should put a bid on greenland ?🤣🤣. Or maybe we can lease the louisiana purchase back to the french?

Space force towing service for double parked ateroids? Towed to earth for impoundment/mining? I like where your head is at.
Click to expand...

All options are on the table.
 
Advertisement
Back
Top