ELON MUSK IS GOD

[Tellafriend]

While gambling I mean trading right now on the ranges, I’m also building long positions I may come to regret in oil related stocks and weed, both of which have been beaten down badly and neither of which are going away - at least the ones I’m buying aren’t.

shhhhhhhhhhhhhhhhhhhh don't tell anybody that they're paying you 6-10% in some of these names to sit back and wait for the inevitable uptick...

Couldn't agree more. The new world remains thirsty. And like i said a few pages ago, ET is paying 11%, has their dividend covered 1.9x, and the real owners are buying more. I'm truly calling a hopping hard 12 with this, but I've got a good bit of AM which is paying 27%. Don't see that they can cut the dividend b/c their master, AR, is too dependent on the cash flow. TBD.

[GambleBotsChafedPenis]

juicy juicy prems in RCL, abrown…

can get some sweet, sweet action 30% below the market a month out...

LoL I actually just called my dad and asked if he would cover some insane margin account trade that I don't have the account to do but he does.

Looking at selling September Puts, thinking maybe like about 250k of risk for a $60,000+ sale. If I get bought into it I am sure I can still make money on it, just might have to wait till market recovers a bit.

He told me he would call me back in 10 minutes .... fingers crossed.

good luck...the insanity of selling puts if you are actually willing to take the long side of the trade is fucking insane...

[abrown83]

juicy juicy prems in RCL, abrown…

can get some sweet, sweet action 30% below the market a month out...

LoL I actually just called my dad and asked if he would cover some insane margin account trade that I don't have the account to do but he does.

Looking at selling September Puts, thinking maybe like about 250k of risk for a $60,000+ sale. If I get bought into it I am sure I can still make money on it, just might have to wait till market recovers a bit.

He told me he would call me back in 10 minutes .... fingers crossed.

The more I look at this, the more I think it might be one of those few times in a lifetime opportunities. The fundamentals of RCL are just way better and this is a short term issue.

[abrown83]

LoL I actually just called my dad and asked if he would cover some insane margin account trade that I don't have the account to do but he does.

Looking at selling September Puts, thinking maybe like about 250k of risk for a $60,000+ sale. If I get bought into it I am sure I can still make money on it, just might have to wait till market recovers a bit.

He told me he would call me back in 10 minutes .... fingers crossed.

good luck...the insanity of selling puts if you are actually willing to take the long side of the trade is fucking insane...

Mid 59s would be a bad day, but then I hold a company that I think is easily worth $100+ a share, just happens to dominate my account.

[Sanlmar]

Airlines getting punished quite a bit. I feel stupid for not being involved in their demise.

Imagine somehow airline stocks were still up.

That is how I felt about casinos. I somehow felt like the only human alive who linked Macau to Vegas. People are idiots.

Oh wow, Vegas has a case. What a fucking shock. MGM down 9%.

I feel like I’m doing something illegal.

I’m actually about to go long for a Trade. This is panic

[OSA]

Cancelling an event thats supposed to draw 400k ppl is insane. This might be a start for them cancelling EDC in May which is another 300k etc. Will be a disaster for summer tourism.

[Sanlmar]

I’m feeling down

3030 is the low to watch. That was 61.8 retrace

3060 next level,up

Open interest all bonds blows

Gonna follow my days plan. We shattered 3030.

Gonna practice my swing with my new driver in back yard.

Good luck

[GambleBotsChafedPenis]

shhhhhhhhhhhhhhhhhhhh don't tell anybody that they're paying you 6-10% in some of these names to sit back and wait for the inevitable uptick...

Couldn't agree more. The new world remains thirsty. And like i said a few pages ago, ET is paying 11%, has their dividend covered 1.9x, and the real owners are buying more. I'm truly calling a hopping hard 12 with this, but I've got a good bit of AM which is paying 27%. Don't see that they can cut the dividend b/c their master, AR, is too dependent on the cash flow. TBD.

yeah for as much everybody wants to talk about less reliance on oil that's fucking bullshit...

gonna give ET a look...as long as there is coverage there that's good enough for me...first thing that will go on any of these companies will be the divi...just too easy to raise cash from that if need be...

EDIT: should say that yes we are getting less reliant on oil with companies like TSLA, etc...but not to the point where the major oil guys aren't gonna keep printing money...

[sonatine]

Couldn't agree more. The new world remains thirsty. And like i said a few pages ago, ET is paying 11%, has their dividend covered 1.9x, and the real owners are buying more. I'm truly calling a hopping hard 12 with this, but I've got a good bit of AM which is paying 27%. Don't see that they can cut the dividend b/c their master, AR, is too dependent on the cash flow. TBD.

yeah for as much everybody wants to talk about less reliance on oil that's fucking bullshit...

gonna give ET a look...as long as there is coverage there that's good enough for me...first thing that will go on any of these companies will be the divi...just too easy to raise cash from that if need be...

EDIT: should say that yes we are getting less reliant on oil with companies like TSLA, etc...but not to the point where the major oil guys aren't gonna keep printing money...

fyi no major hedgies are long on oil anymore, buffett wont touch it, etc.

[sonatine]

check out the big brains on cnbc

[Sanlmar]

yeah for as much everybody wants to talk about less reliance on oil that's fucking bullshit...

gonna give ET a look...as long as there is coverage there that's good enough for me...first thing that will go on any of these companies will be the divi...just too easy to raise cash from that if need be...

EDIT: should say that yes we are getting less reliant on oil with companies like TSLA, etc...but not to the point where the major oil guys aren't gonna keep printing money...

fyi no major hedgies are long on oil anymore, buffett wont touch it, etc.

It’s a proxy on the economy. You wanna call a bottom?

There is treacherous OPEC style negotiations currently me thinks.

Bowel reconstruction is a very tricky surgery.

[Sanlmar]

check out the big brains on cnbc

Graduate of the CNBC clown college, smooth talking Larry Kudlow.

“US has contained the coronavirus”

Can you find a cut of his performance at the White House Feb 25?

Any Cramer video on Feb 24 advising us to buy the dip would be a special favor too. Buffet was on that morning. Was amazing nonsense

Reality tv

You got advance skills tine

[simpdog]

San thanks for pointing the S&P downwards again.

[Sanlmar]

San thanks for pointing the S&P downwards again.

If you can hold Jays under 12.5 we’ll just do the Wuhan shake and forget about it

[sonatine]

+ 66.6% today and i have calls on costco that are already itm and they have a earnings report in 55 minutes that should be hot, hot fire

[sonatine]

[GambleBotsChafedPenis]

yeah for as much everybody wants to talk about less reliance on oil that's fucking bullshit...

gonna give ET a look...as long as there is coverage there that's good enough for me...first thing that will go on any of these companies will be the divi...just too easy to raise cash from that if need be...

EDIT: should say that yes we are getting less reliant on oil with companies like TSLA, etc...but not to the point where the major oil guys aren't gonna keep printing money...

fyi no major hedgies are long on oil anymore, buffett wont touch it, etc.

im not trading it...im buying for long term...like I said you want to pay me 6-10% to sit in the majors for 5+ years that's fine by me...the diversified majors will survive dislocation...now will the price of XOM shares go down 20% or more if shit hits the fan? yeah that's a distinct possibility...but they're already paying me 7% right now to take that risk...in 5 years I would like to think if I scaled into XOM at around 8% yield that I would make out...

[Sanlmar]

Longest bull market of all time.

10 year bond yield has NEVER been lower.

You want to call a bottom?





I see no reason why we can’t test Dec 2018 SPX 2400. Trend line broken. You look for your own bad self


I don’t know what you did wrong but you better atone for your sins and stop listening to Larry Kudlow

[sonatine]

i feel like spy is going to leap up in premarket like shitty cold toilet water and soak my balls.

[GambleBotsChafedPenis]

i feel like spy is going to leap up in premarket like shitty cold toilet water and soak my balls.

this shit is immensely fun...beats the dogshit 8 point "range" in the SP futures about a month ago...

now we get 3% swings from day to day...what a time to be alive!