I always hated musicals.
I closed my today. Hope to have a good re-entry before tariff talks get serious. I have a RUM play working.
Not sure if anyone else here is active in trading and if they are what angles I might be able to benefit from.
Not sure if anyone else here is active in trading and if they are what angles I might be able to benefit from.
Always wanted to get serious about it but never had a mentor to help me to avoid expensive rookie mistakes. I was seriously burned in the .com crash. The market seemed rigged to me long ago but the .com cycle lured me back in and you know the rest. So I've pretty much stayed away from the market ever since.
Fair enough.
A lot of good videos out now about it. It used to be more closely tied to P/E but now the markets are a bit detached from reality.
markets are a bit detached from reality.
The Inverse Cramer Fund would still be doing really well if they didn't shut it down.
MSTR, COIN, PTON are my top 3 holdings.
You trading or holding long?
Mostly hold. Only trade a few times a year. I sold a bunch of MSTR and COIN back when BTC topped in March and over the next several months I reaccumulated and diversified a small portion out of crypto. BTC is looking like it's breaking up and will probably reach a top sometime in the next 3-12 months where I plan to sell more.
PTON is a decent company that was a steal of a price due to massive recalls a couple years that nearly pushed them into bankruptcy. It looks like it's breaking out of its downtrend and can easily see 5-10x growth in the next few years.
PTON has seen a nice jump in the last few months.
I've got a lot of long holds, like 20 year holds. I've been buying more for dividend income instead of growth.
I'm feeling dividend stocks are kind of meh, when I'm getting 4.25% in my savings account.
But long term holds are good for sure. I have some of that as well.
It's certainly a tossup right now, but with rate cuts rearing their ugly head, we'll be back down to .75% on HYSA again soon.
Which would mean buy into growth now. And bonds if you're into that kind of thing.
I'm about to short Tesla. TLSQ
What's your thesis on this? I'm bullish long term on Tesla, but it is volatile. I don't have a position.
Poor valuation. P/E of 81 Daily rsi of 75 , weekly rsi of 67 Way over bought Trades at 115x expected earnings per share. I think we're going to see a cool off. I'm going short. We'll see
If you think it is overvalued look at wingstop stock. These valuations aren't logical, but stock still goes up.
I burned selling some calls on PLTR and the thing just keeps going and going....
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