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one years worth of gains just got wiped.
https://i.imgur.com/mFuHQYE.png
the fed says fuck your contravirus…
side note, I love how this thread has gone from elon musk is god to 'tine's adventures in trading...top top!
:to
There prob should be a separate "stock market" thread.
There probably should not.
This is a Sonatine Is God thread
Kid puts in the work and mods his thread like a desperately needed syndicated column of curiousity and opinion. I like the freewheeling style.
I warn you, he may go on hiatus as he stops back testing and studies market psychology as expressed through Chinese Candlestick charting. Centuries of testing has already been done.
Nison - yw
If nothing ever comes of all this it’s still damn interesting and colors the way you view the world going forward.
In the spirit of his randomness - I just recalled reading and liking this book. Must’ve been a decade ago. Still remember fondly.
Something really damn different
Finish the HFT Michael Lewis first
im reading an insanely out of date overview of options trading thats apparently designed for people who use brokers but ill lean into the HFT book after.
i literally started an investment thread and already gave up on it.
ok back to finding chinese etfs to put-smash tomorrow.
when 'tine starts trading in live betting aussie open matches and betting on Filipino slap fighting in 2021, ill point to this thread as to where it all started...
1step - consider this my gift to you:
https://seekingalpha.com/article/432...=seeking_alpha
Jesus peaked at 735 today.
$1k by end of feb?
I don't know why people think weed is the sure bet. All kinds of fucked up shit going on in that industry (see MedMen, Canopy, Select/Cura)... Until shit goes federal, it is very difficult running multi state licenses under a single banner. Too many different laws and regulations state to state, makes it very difficult for those multi state license holders (why MedMen is selling licenses in 3 states currently).
Also, over taxation and regulation is killing the industry in Cali. Only 25% of the weed being bought is thru dispensaries and being taxed. The rest is on the traditional markets.
People are catching on and don't want to pay $60-$80 an eighth for some dried out, tasteless mids in a shiny mylar bag that was harvested a year ago and sitting on shelves for a few months. They rather go to their old homie down the block with the turkey bags of fire.
close 12/31/19: $418.33
so that be $836.66 for the full double...
gotta wonder if the people who bought btc at 18k+ are the same ones buying tsla at 700+.
I mean they are valued at double ford plus GM as of last night and just added another ford to the market cap today.
3 fords and 2 GM’s.
How about GE, Ford and GM?
3M, United Airliies, US Steel, Viacom and enough for a small bank.
The possibilities are endless with this game
What could go wrong?
china plant is being shut down, not selling dick there for the forseeable. perhaps thats going to be offset by model y sales in march but will it be enough to save the q1 earnings report? hard to say but ill likely smash a strangle plus a couple of 12+ month calls at the next dip.
wild card being wuhan virus slowing down dramatically, obv.
Tread lightly with that notion. People are taking a forward looking approach today.
Maybe its called investing. I don’t know much about that word or what it really means.
Take Wynn. Ugly pop today whilst Macau is a ghost town. Very similar to your idle TSLA plant. Go figure. Trying to shake me off my hand?
Time has value and I’m not one to get into long drawn out battles. Do I just take my (short) winnings and head for the cage and move on?
Tough decisions
What informs you about the difference between right and wrong is the chart. Chart patterns.
Yes, the tea leaves.
The Chinese giveth and taketh away. They formalize chart pattern theory and give us communism.
San, can I get the name of one of the medications you are on. I need to diversify so to speak since I am only taking caffeine +L-Theanine made with mct oil.
Thanks in advance
Have you used that as a pickup line before Step?
San -
I'm so jelly if you are still holding:
https://seekingalpha.com/news/353749...pha#email_link
Macau casino revenue drops 11.3 percent.
Sorry for the delay, I had to make more coffee
What makes Wynn uniquely poor is their operating income. It’s not even so much revenue. Interest costs are not gonna help
My renewed attention to Macau with the virus deal has resulted in the personal epiphany that other countries are hot on Macau’s heels. Vietnam to name one. (Vietnam is very trendy).
So like the domestic brick and mortar problem with never ending market share cannibalism and competition it is also present on a global scale.
Keep dumping billions in Macau expansion. Vegas was once the only game in town.
Casino companies are so fucking stupid. They are still using Steve Wynn’s 90’s model. Bigger Ferris Wheels.
consumer spending down like 1.4% in q4.
which totally explains why the market is going totally piss fucking wildasfjljasfdjklsdfjklsdjfkasdjfsdafjlksadjfkasjd klf
anyone want to explain how the fucking MSCI China ETF is up like 1.5% despite the underlying market bursting into flames less than 12 hours before?
My friend was saving to buy a house and late last year Im like whats your stategy? Hes like oh in the bank.
Im like why not invest in FAANG or Tesla etc? 30% gains.
Hes like I cant do that. Im saving to buy a house.
Im like but you can do it much faster this way. Hes like nah Im saving to buy a house lol. What if it goes lower?
Some people just dont want to make money.
so you think there is a logical explanation for tsla being this price?
so you think that accounts for a 19.7% rise in price on a random monday?
ok...
4000 people on Robinhood bought TSLA today for the first time.
i mean...