market discussion

[tk[as]]

I've recently started trading. Seems like some others here are into trading as well. If you're into trading or even just investing feel free to hop in the discussion.

[tk[as]]

Anyone hear of SOLO? (Electrameccanica Vehicles Corp)  Price currently at $2.54

Friend suggested it to me.. its another electric car manufacturer that appears to be doing some good things.. and there's a lot of speculation it will make some moves because Tesla and NKLA have had a lot of interest lately. People predicting SOLO will get brought up with them.

It's already been pumped in the last day or two from mid 1.30's to 2.54. But i would be surprised it if gets another or two soon.

I'm looking at getting in to see if it makes a big move. hoping to take profits as soon as possible and gtfo of it. Havent made up my mind yet though.

[tk[as]]

Shit Tora will you move this. honestly thought i posted it in General Discussion

[tk[as]]

I'm not going to play SOLO. i dont have any more day trades left lol.

I will post it's progress.. assuming it gets pumped again in the next day or two.

[(PLS DELETE MY ACC)]

KURWA

MARKET IS A COOL IDEA, EXCHANGING OIL FOR GOLD OR WOOD FOR GOLD IN 8 PLAYER FFA MAPZ
OR SENDING RESOURCES TO UR ALLY IN TEAM GAMEZ

[tk[as]]

🤣🤣🤣

[tk[as]]

Glad I didnt play SOLO today lol

[tk[as]]

I have an AAPL put out for August. its way over extended in my opinion.

The whole market is really. Reality has to set in soon.  It's due for a massive correction

[tk[as]]

its important to know i will continue talking to myself here for ever and ever until others eventually engage in the discussion

[d0ng3rdik]

Shut up broke bytch

[Player]

Are you using margin?  If not, tell your broker you want a cash account and you don't have to worry about the day trade rule.

[tk[as]]

Are you using margin?  If not, tell your broker you want a cash account and you don't have to worry about the day trade rule.

yeah margin. i thought about cash but it takes like 2 days for funds to settle any way.. which for me doesnt really give me a big advantage over margin

[tk[as]]

Massive market correction starting today. It's going to be ugly for a while

my opinion

ive hedged myself pretty decently though. AAPL put. GM and GPRO vertical put spreads.

[tk[as]]

DOW jones lost 1861 points holy fuck.... but Green day for me. vertical put spreads and put options paid off.

if there's no type of intervention ... it's going to be a fucking mess again tomorrow.

i dont really see what type of intervention can be done. the FED has already pumped trillions into the market, they know they can't continue to do it without risking devaluing the dollar, driving our country further into debt, and possible hyper inflation.

the only thing i can see that would potentially turn it around is news related to congress coming together to pass another stimulus package.. and i don't think they're ready to do that just yet. but i do think we will see a 2nd stimulus package in the coming weeks/months.

until then, there will be a lot of red days.

[tk[as]]

got rid of a couple verticle call spreads. bought a HD put option out till august.

the spring rush is essentially over. people got their plants planted, grass seed spread, fences built...

the U.S. officially announced it's in a recession. Millions unemployed.

I dont see much money getting spent at Home Depot for "fun" projects. just the necessary stuff.

im convinced the entire market is going to take a big hit, but HD seems like it's more predictable.