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 USA Stock Discussion v8, Brexit: What happens now?

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yok70
post Oct 5 2020, 08:53 PM

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futures green.....come on bear bear, hold! hold.... cool2.gif
yok70
post Oct 5 2020, 11:10 PM

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QUOTE(danmooncake @ Oct 5 2020, 10:59 PM)
Here's we go,  sold another batch of TQQQ puts out of the gate.
4 days to wait.  Hoping to get angpow again by Friday.  sweat.gif
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if trump no hope, do u think market will up instead of down? i actually quite optimistic market may up with hope for biden.
yok70
post Oct 6 2020, 10:44 AM

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QUOTE(danmooncake @ Oct 6 2020, 10:32 AM)
Guys, you know what? They outta to make an ETF that tracks the infection rate of COVID.
This ETF will gain $1 for every new infection rate.

We will be very rich now if we can invest in this instrument.  tongue.gif
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OMG! stock market really becoming an online casino.....can bet on just anything....now covid infection rate, tomorrow might be number of seats for either party....officially a casino.... doh.gif
yok70
post Oct 7 2020, 10:24 PM

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bulls party on.... cool2.gif
yok70
post Oct 8 2020, 11:40 PM

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QUOTE(danmooncake @ Oct 8 2020, 10:17 PM)
Just 1 more day... I think the bulls can do. Still in control here.  biggrin.gif
*
what happen after tomorrow? laugh.gif
yok70
post Oct 10 2020, 03:17 AM

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QUOTE(danmooncake @ Oct 9 2020, 09:37 PM)
I think tonight I can keep my ang pau again.  TQQQ is 20pts above my cost.. so I think I'm saved.
The bulls holding the line very steady this week.  thumbup.gif
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bull is really steady....can't have much hope on bear bear so far......unless something dramatic happened.... laugh.gif
yok70
post Oct 16 2020, 07:41 AM

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QUOTE(danmooncake @ Oct 16 2020, 02:09 AM)
Oh crap......bears mounting attack again.

I need the bulls to hold the line for one more day, then I'm home free with ang pau again otherwise
it's going to be chap fan meal instead steak dinner.  sweat.gif
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bears are so weak without confidence. rebound so fast whenever bears tried to head up. laugh.gif
yok70
post Oct 17 2020, 12:02 AM

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what price is a good entry for TSM? I've been wanting to buy it since 3 years ago....damn....still don't know when should i pull the trigger....
38x PE is not cheap.....but NVDA is 102x now but it should be much lower by next year.....However, between these two, i prefer the more versatile TSM on its business perspective regardless of valuation.

This post has been edited by yok70: Oct 17 2020, 12:05 AM
yok70
post Oct 20 2020, 02:55 AM

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QUOTE(danmooncake @ Oct 20 2020, 02:47 AM)
We got another retreat. Bears roaming around, Time to sell some PUTs again to get premiums.
Looking pretty juicy tonight.  drool.gif
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you think so? i thought tonight's bear is still weak...the papa bear not out yet.... hmm.gif
yok70
post Oct 20 2020, 02:56 AM

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QUOTE(yehlai @ Oct 20 2020, 02:47 AM)
Trump admitted for then first time.. he might lose the GE
Will you cash out partial and re enter after GE?
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good for him rclxs0.gif
yok70
post Oct 20 2020, 11:59 PM

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QUOTE(jasontoh @ Oct 20 2020, 12:29 PM)
Why Biden's win will be better in long term?  hmm.gif

The way I look at it, Trump more towards business friendly while Biden is not
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Two things i look at Trump, low corporate tax and low interest rate (QE), are both sideline support instead of direct support of economy. Also, they can't overcome the damage made by his rise of international conflicts towards china, Europe among others. Secondly, his old school economy focus is bad for the future. He anti high-tech businesses, and he supports old economy businesses such as oil, property, physical retail businesses etc. Overall, the damage are way worse than contributions to the economy in long term.

However, i have no idea how Biden's economy strategy would be.

This is how i look at it.

This post has been edited by yok70: Oct 21 2020, 12:05 AM
yok70
post Oct 23 2020, 12:43 AM

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QUOTE(danmooncake @ Oct 23 2020, 12:10 AM)
One more day to go.... hopefully this continue to work.  sweat.gif
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your buy on dip game? so far so good laugh.gif
yok70
post Oct 23 2020, 12:44 AM

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QUOTE(yehlai @ Oct 22 2020, 10:51 PM)
watching AAPL.. might go below 110 this week
its time to top up smile.gif
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i am waiting below 106....fingers cross laugh.gif
yok70
post Oct 23 2020, 01:31 AM

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QUOTE(danmooncake @ Oct 23 2020, 01:12 AM)
Actually, I sell the dip.. hoping the dip won't go lower otherwise I'm committed to buy by the end of the week (expiration).
Now, the bulls are still holding it above the level I sold.. so maybe I can keep my ang pau again.

No wonder insurance companies can earn money this way. Just sell policies. Earn the premium collection every time they're due.
But, there's always one looming disaster which they dread. Hopefully, it will be very few and far between and can earn more than actual
payout.
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ya, sell the dip = bullish on market right? that's what i mean. haha!
yok70
post Oct 23 2020, 02:11 AM

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QUOTE(danmooncake @ Oct 23 2020, 01:47 AM)
Let's say I'm think the market can at least hold here but not bullish enough for it to balloon up much.
I think it's going to be range bound in middle to the upper part of the band (50ma).

Also, the market is expecting another stimulus plan (aka helicopter money) from the US govt for the COVID19 relief in 2 weeks.
I doubt the Congress/Whitehouse can agree on this prior to the Election. It could react negatively too if there's a major collapse.
*
Understood.
Lets see if the earnings season could push market up before it melt down if it would, which will somehow neutralize the market's final performance. In fact, quite a few stocks experienced this kind of movement in the past few years, for instance Apple. biggrin.gif

This post has been edited by yok70: Oct 23 2020, 06:18 AM
yok70
post Oct 23 2020, 11:42 PM

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QUOTE(danmooncake @ Oct 23 2020, 09:34 PM)
Woohoo! The bulls are still holding the line..time to move the chips off the table. Happy weekend!  rclxm9.gif
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thumbup.gif
yok70
post Oct 26 2020, 11:40 PM

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QUOTE(danmooncake @ Oct 26 2020, 11:17 PM)
Gotta to be careful this week... one more week to go for the US Election.  sweat.gif
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good duo, record breaking covid daily cases + election.....see if bear can stay for 1 week this time.... cool2.gif
yok70
post Oct 29 2020, 01:30 AM

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nice move bear bear, lets party for another 15% would be beautiful thumbup.gif
yok70
post Oct 29 2020, 11:33 PM

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once again, my wish didn't come true. bear bear hide from bull bull once again. laugh.gif
yok70
post Oct 30 2020, 10:41 PM

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QUOTE(Raymond_ACCA @ Oct 30 2020, 09:57 PM)
If it goes to 106, I will be allocated and be a proud owner of 100 shares of AAPL lol.
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maybe tonight can reach your target. laugh.gif

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