nuckin_futz Posted February 25, 2021 Share Posted February 25, 2021 (edited) 1 hour ago, skolozsy2 said: Is it safe to assume that GME, AMC, etc... is gonna wreak havoc on the rest of the market? I wouldn't think so. I doubt this is a multi day move in these stonks. I think this version of the Reddit Rebellion is a one day wonder. Edited February 25, 2021 by nuckin_futz Link to comment Share on other sites More sharing options...
GetFocht Posted February 25, 2021 Share Posted February 25, 2021 13 hours ago, Elias Pettersson said: r/wallstreetbets is predicting GME to go back up to $400. Let's see what happens... Europe Link to comment Share on other sites More sharing options...
GetFocht Posted February 25, 2021 Share Posted February 25, 2021 1 hour ago, skolozsy2 said: Is it safe to assume that GME, AMC, etc... is gonna wreak havoc on the rest of the market? It has that feeling. Link to comment Share on other sites More sharing options...
nuckin_futz Posted February 25, 2021 Share Posted February 25, 2021 (edited) US 10yr T-Bill yield is now 1.46%. The yield is up 45% this month. S&P dividend yield is 1.54%. If you can get the same yield within the relative safety of bonds why would you take the risk in equities considering the elevated levels they are at? ^^^^^ TLT = 10 yr US T-Bill ........ Currently trading at levels below the pandemic lows. At the pandemic lows Nasdaq was approx 7000, now it's 13,600. It might be time to sell what you want (speculative junk) and buy what you need (oil, consumer staples). USD/CAD is at a 3 year low. The Loonie is loving a weak USD and higher oil prices. Edited February 25, 2021 by nuckin_futz Link to comment Share on other sites More sharing options...
AriGold2.0 Posted February 25, 2021 Share Posted February 25, 2021 I took the day off and declined all my inspections (Home Inspector). I'm ready to scalp GME all day long.. Targeting 5K Link to comment Share on other sites More sharing options...
Russ Posted February 25, 2021 Share Posted February 25, 2021 16 minutes ago, AriGold2.0 said: I took the day off and declined all my inspections (Home Inspector). I'm ready to scalp GME all day long.. Targeting 5K Damn you're really gonna diamond hands this today! Link to comment Share on other sites More sharing options...
Canadian Posted February 25, 2021 Share Posted February 25, 2021 I’m still in on GME and AMC from the last run. Waiting this out - no paper hands until 10k! Link to comment Share on other sites More sharing options...
AriGold2.0 Posted February 25, 2021 Share Posted February 25, 2021 1 minute ago, Canadian said: I’m still in on GME and AMC from the last run. Waiting this out - no paper hands until 10k! Hard to buy when all it does is drop.. Might be too volatile for me and that's rare.. Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted February 25, 2021 Share Posted February 25, 2021 2 hours ago, nuckin_futz said: US 10yr T-Bill yield is now 1.46%. The yield is up 45% this month. S&P dividend yield is 1.54%. If you can get the same yield within the relative safety of bonds why would you take the risk in equities considering the elevated levels they are at? ^^^^^ TLT = 10 yr US T-Bill ........ Currently trading at levels below the pandemic lows. At the pandemic lows Nasdaq was approx 7000, now it's 13,600. It might be time to sell what you want (speculative junk) and buy what you need (oil, consumer staples). USD/CAD is at a 3 year low. The Loonie is loving a weak USD and higher oil prices. Does it not depend on what you're looking for? SPY has the opportunity for more growth + the 1.5% yield. If an economic restart of sorts continues (decreased restrictions, increased travel, restaurants etc)in the summer would that not have a positive impact on SP500 and commodities? Appreciate your input. Link to comment Share on other sites More sharing options...
nuckin_futz Posted February 25, 2021 Share Posted February 25, 2021 32 minutes ago, I.Am.Ironman said: Does it not depend on what you're looking for? SPY has the opportunity for more growth + the 1.5% yield. If an economic restart of sorts continues (decreased restrictions, increased travel, restaurants etc)in the summer would that not have a positive impact on SP500 and commodities? Appreciate your input. How much of that is priced in? Gotta think a lot of it is. 1 Link to comment Share on other sites More sharing options...
CBH1926 Posted February 25, 2021 Share Posted February 25, 2021 20 hours ago, themcdeal said: I feel ya 200k in unrealized gains lost for me in 2 weeks because of 2 stocks If you don’t mind me asking, but which 2 stocks did you buy? Link to comment Share on other sites More sharing options...
themcdeal Posted February 25, 2021 Share Posted February 25, 2021 7 minutes ago, CBH1926 said: If you don’t mind me asking, but which 2 stocks did you buy? GME and DMGI Link to comment Share on other sites More sharing options...
CBH1926 Posted February 25, 2021 Share Posted February 25, 2021 1 minute ago, themcdeal said: GME and DMGI Yeah, I didn’t get caught in GME mania. I did buy some AMC and BB but got out as fast as possible after losing hefty sum. Link to comment Share on other sites More sharing options...
AriGold2.0 Posted February 25, 2021 Share Posted February 25, 2021 TMTS warrants are dirt cheap for a 250M SPAC. Currently 1.34 Link to comment Share on other sites More sharing options...
AriGold2.0 Posted February 25, 2021 Share Posted February 25, 2021 Down about 13K on the day.. SPAC's are getting smacked down hard.. All my warrants are down substantially.. I feel like the CCIV train is the straw that broke the camels back. SPAC's aren't what they used to be and I hope that changes soon. Most of the recent announcements have tanked stocks, not sent them higher. Non Spac related. PLTR price is excellent. Link to comment Share on other sites More sharing options...
nuckin_futz Posted February 25, 2021 Share Posted February 25, 2021 2 hours ago, AriGold2.0 said: I took the day off and declined all my inspections (Home Inspector). I'm ready to scalp GME all day long.. Targeting 5K If you're still in there the $200 calls for tomorrow's expiry are doing very abnormal volume. Link to comment Share on other sites More sharing options...
themcdeal Posted February 25, 2021 Share Posted February 25, 2021 26 minutes ago, AriGold2.0 said: Down about 13K on the day.. SPAC's are getting smacked down hard.. All my warrants are down substantially.. I feel like the CCIV train is the straw that broke the camels back. SPAC's aren't what they used to be and I hope that changes soon. Most of the recent announcements have tanked stocks, not sent them higher. Non Spac related. PLTR price is excellent. Just loaded up on some more PLTR - Got in originally at $14 and Ive been waiting for a sale to add to my position Link to comment Share on other sites More sharing options...
nuckin_futz Posted February 25, 2021 Share Posted February 25, 2021 Bond market just flash crashed. Treasury held a 7 yr auction that was a disaster. The Fed is losing control. Rates surging. Link to comment Share on other sites More sharing options...
TGokou Posted February 25, 2021 Share Posted February 25, 2021 5 minutes ago, nuckin_futz said: Bond market just flash crashed. Treasury held a 7 yr auction that was a disaster. The Fed is losing control. Rates surging. Tell me what this means in general layman's terms. Link to comment Share on other sites More sharing options...
nuckin_futz Posted February 25, 2021 Share Posted February 25, 2021 (edited) 30 minutes ago, TGokou said: Tell me what this means in general layman's terms. The Fed has been buying bonds hand over fist in an effort to drive rates lower. That's the whole point of their bond buying programs. Inflation is what will bust this equity rally. The market sensing inflation is coming will bring rates higher, which will drive bonds lower. During that crash the yield on the 10 yr note briefly hit 1.536% that's about where people who manage a lot of money start to hit the panic button and things get disorderly. The bond market hasn't been this disorderly since the pandemic lows. The Fed has to be panicking. Their only option left is to buy bonds like there's no tomorrow. As you can see. Moves in interest rates like this are highly undesirable for the Fed. Edited February 25, 2021 by nuckin_futz 1 Link to comment Share on other sites More sharing options...
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