Anybody Buying Yet? Where’s the Bottom?

[Sytes]

What the hell's up with ths massive Airline spike today? Moderna PR announce some positive possibilities for their phase I ( yep, simply phase 1 as in, numerous uno, one) and UAL skyrockets +15%?!?!

This market is flat out, off its rocker! Haha!

 

[Irrelevant]

This market is flat out, off its rocker! Haha!

x100

I keep looking and I just can't stomach throwing money at anything. Nothing seems palatable.

 

[jabber]

I saw NCLH at around +20% yesterday and figured that was a good spot for a Put. We will see.

 

[fmnjr]

I like Buffet's analogy of the stock marker acting like a voting machine over the short term, but over the long term value wins out.

 

[BigHornRam]

I like Buffet's analogy of the stock marker acting like a voting machine over the short term, but over the long term value wins out.

I think it's acting more like a casino.

 

[Sytes]

I believe it's somewhat casino like however the odds are stacked more in the player's favor (vs roulette)… there's available research, statistics, RSI (swing/intra favorite), that can be used before putting your chips on a hard line 7…

 

[Mallardsx2]

Does anyone on here think it would be a good idea to temporarily move 401K funds to a safer area right before until right after the election?

 

[NDGuy]

Does anyone on here think it would be a good idea to temporarily move 401K funds to a safer area right before until right after the election?

I'd probably move it sooner than that. Insiders and institutions will have a lot of insight as to who should win before us plebs. I am trying to hold around 10% cash for the time being in case we really tank again.

 

[homers]

Does anyone on here think it would be a good idea to temporarily move 401K funds to a safer area right before until right after the election?

Depends on when you need the funds.

 

[jabber]

I saw NCLH at around +20% yesterday and figured that was a good spot for a Put. We will see.

And now sold for a quick 37% profit. Lunch money is for steaks today.

Now if I could get the rest of my red ones to look green...

 

[noharleyyet]

For some, when the market's green....but I digress

 

[Mallardsx2]

I will need them in 20 years.

 

[Addicting]

I will need them in 20 years.

It’s the same boat I’m in, mine is on the bench until later this fall. I looked back at my Statements from the 3rd quarter of last year and I’m up over 30k with this wild ride. Benching it isn’t hurting my goal for the year. It taking another March dump with all this uncertainty will hurt the goal.

 

[Sytes]

I like Buffet's analogy of the stock marker acting like a voting machine over the short term, but over the long term value wins out.

• Berkshire Hathaway's Apple stake — which is now 40% of its equity portfolio — is up a whopping $40 billion since the bottom in March.

 

[SAJ-99]

Does anyone on here think it would be a good idea to temporarily move 401K funds to a safer area right before until right after the election?

Why? you have 20yrs. What is your concern about this Presidential election (which happen every 4 years) that would cause you to want to take risk off? When do you put it back on? Did you take the same action in 2016?
These are questions you have to ask yourself. Depending on your allocation, I will tell you that the answer is probably leave it alone and don't look at your statements for 12 more months because that is almost always the answer to that question.

 

[Sytes]

What do you make this article?
Tuesday AMC earnings released.

Implied Volatility Surging for United Airlines (UAL) Stock Options

Investors need to pay close attention to United Airlines (UAL) stock based on the movements in the options market lately.

finance.yahoo.com

The wonders of implied volatility...

 

[SAJ-99]

What do you make this article?
Tuesday AMC earnings released.

Implied Volatility Surging for United Airlines (UAL) Stock Options

Investors need to pay close attention to United Airlines (UAL) stock based on the movements in the options market lately.

finance.yahoo.com

The wonders of implied volatility...

Earnings are tomorrow. Maybe someone wants to hedge a big position through the earnings announcement, and that pushed up the implied vol in those options? The article is practically useless because it doesn’t give any context. I hate articles that create more questions that answers. A quick glance at the book shows a lot of open options at $30 (1650) but I don’t know if that is normal. It looks like they put on 30-25 put spread. Imp vol is high at over 100, but it is high in all the option. The article was posted early Friday so maybe an arb trader moved the curve back to normal.

 

[pointingdogsrule]

The time to buy is when there's blood in the streets - Baron Von Rothschild, I think?

Operation Petticoat... "in confusion there is profit"

 

[Sytes]

The article was posted early Friday so maybe an arb trader moved the curve back to normal.

Are you referring to a Synthetic Short Stock action? Remember, I'm just a hobbiest

 

[fmnjr]

Mr. Buffet's letters on all posted online for any who care to look:

Shareholder Letters

www.berkshirehathaway.com

Reading and studying them is generally acknowledged as being the equivalent of an MBA.