I got bored so I took out a 5% position on SPAQ and sold it 5 mins later for an 8.9% gain. See pal, there are many types of people out there, but mostly two. I am the type of person that drives a fucking RAIL-NAIL thru your head for making fun of portfolio. Sure these stocks are degenerate and not the type of stuff a gentleman of my standing and stature should be seen with, let alone invest. But we’re living in NEW TIMES now where anything goes and nothing can stop us.
My booked trades so far.
NKLAW +12.8%
GLUU +6.6%
QFIN +8.2%
HMI +4.1%
(NK -1.6%)
(IDEX -4.5%)
(APRN -4.9%)
SPAQ +8.9%
See, you have several choices in front of you as a young aspiring man in business. Starched collars, stiffened neck, soft bellies. You can head out there into thew wild and brave it on your own — ill equipped to fend off the winter elements. Or you can simply sit down and eat fish, like a good patron, and shut the fuck up.
Why, if I could take stock picks from someone like me, without being someone like me, I’d jump at the chance, an automatic money printer — a person gifted with talents of coin production — a regular man about town picking stocks so that the masses do not need to bother.
A man, such as this, dare I say, is a national treasure.
The Nasdaq reversed a 100 point deficit and is now up 25.
If you enjoy the content at iBankCoin, please follow us on Twitter
I put 3k in a Robinhood account.
33/33/33
TMF/TQQQ/cash for options on XLK
XLK calls everytime nasdaq opens negative.
Any profits get shoved back into TQQQ/TMF. You can buy fractional shares and buy $5 bucks at a time.
Too fucking easy. This ends horribly.
Put half of my IRAs on the TMF/TQQQ train also. Fuck it.
Half my net worth is in gold. I got a career in tech.
Whatever happens I win.
OK peaches I’ll play, minus the RH fuckery. 25% of my retirement account into TQQQ/TMF (2/3 / 1/3 split). I’m 31. The cash was just sitting there so who cares
gotta be 50/50 and u gotta rebalance otherwise youll end up losing everything when reality strikes
Reality is out the window. I’ve been stubbornly patient for the V to revert and pullback, with a few shorts on (slightly net long on investments but really mostly cash) for 3 – 4 months. I’ll take some ups and downs on the ride when TQQQ is a 30 year bet on tech which has proven to be pandemic/riot-proof and fundamentals are out the window. What is going to change the psychology of the unsophisticated RH trader who knows all he needs to know is the entire system has an infallible FED backstop. Large-cap tech will continue to lead the way for years while the majority of the little guys sputter along (hence short RTY, TZA).
How often will you rebalance?
3 months
Or NASDAQ goes vertical.
TZA was up and TQQQ was up on the same day.
But that’s no surprise.
Back in early March I said many times that the COVID pair-trade of the year would be long-NQ-short-RTY and all the decent/good traders I know are still balls deep in it.
Just that one trade has made us huge profits in the last 4 months.
I saw you said it yesterday or the day before.
It’s really breaking out now.
How much longer can this happen?
Does it mean nobody is buying stocks and that all the momentum is futures and options on N100?
https://ibankcoin.com/flyblog/2020/03/11/are-you-not-entertained-3/
That’s one of those earlier days. But I’m sure I first brought that up at least a week before that.
Re: How long this can last… The answer is longer than we believe it can last.
The smart money will push this to the limit until this whole thing crashes–but that may never happen because the COVID narrative (on the many good reasons to long NQ and short RTY) is still intact.
damn… nice homie!
Thieves and whores is all in a zero sum game here. This can’t be helping anything.
They never meant to help.
@Cain
When I say “current demographic trends” without bringing up immigration, I mean the following:
1. The Republicans have won the white demo while losing every nonwhite demo by increasing margins in every election since 2000–with the exception of 2016 when Trump did slightly better than Romney because a significant number of minority voters opted out of the election instead of voting for Hillary.
2. Every nonwhite demo has a birth rate greater than its death rate. The opposite is true for whites. Both facts contribute to a more “hostile” electorate for the Republicans. (That’s why non-white voter suppression is so urgent for the GOP.)
3. Look no further than Jacksonville, where the GOP is (still?) planning to have its national convention next month/September. It has been reliably Republican for decades until the city fell below 60% white, then it turned Democratic and will stay that way:
https://www.jacksonville.com/news/20181106/how-duval-conservative-county-turned-purple-with-shade-of-blue-in-2018
Trump has only made things much worse for the GOP. Now even fewer nonwhites will ever vote Republican. And you still haven’t got your wall. Immigrants (both legal and illegal) will still come and stay and reproduce.
That’s why I love Trump.
BTW, gotta love how his own SCOTUS appointees (Gorsuch and Keg-Bro) told him to surrender his tax returns. That made me real-life smile.
Heads up –
when a president enters office, they are given a list of appointees from which to choose. Obama was given his list, Trump was given his list.
The point is he chose the ones who don’t really like him.
No you’re mistaken. Every racial category except asians have a death rate greater than their birth rate.
No, you and the morons who upvote your comments are proven incorrect, as usual:
“In 2017, the Hispanic death rate stood at 3.346 per 1,000 of Hispanic population.”
https://www.statista.com/statistics/260394/death-rate-of-the-hispanic-population-in-the-us/
“In 2017, about 15.2 children were born per 1,000 of Hispanic population.”
https://www.statista.com/statistics/260380/birth-rate-of-hispanics-in-the-united-states/
I must remind you that Trump has done ABSOLUTELY NOTHING substantive to reverse the demographic trends since 2017. He talked about a great wall but gave you a douchehenge:
https://twitter.com/therickwilson/status/922630954958643200
Here’s for you to educate yourself further:
http://i0.wp.com/www.brookings.edu/wp-content/uploads/2018/03/20180910_metro_Frey_census-datacharts-revised-Fig4.png
https://www.brookings.edu/blog/the-avenue/2018/03/14/the-us-will-become-minority-white-in-2045-census-projects/
42% of All COVID-19 Deaths Occurred in Nursing Homes
https://articles.mercola.com/sites/articles/archive/2020/07/10/coronavirus-in-nursing-homes.aspx?cid_source=dnl&cid_medium=email&cid_content=art1HL&cid=20200710Z1&mid=healthrtlucm20200710z1&rid=913397471
Obviously reasonable intelligent, the board’s permanent victim class shill, Narcist, is likely aware that immigrants to our welfare state are more likely than natives to vote for free lunches for anyone who under-achieves …thereby assuring that they and their children will, on average, remain forever of lower IQ and lower in accomplishment. And so, forever dependent on the political whims of those on whom they depend.
Peoples and races are lifted by struggle. Celebrating Trumptardation or Demtardation is buying into the happy distractions of those who are only concerned with their own short-term benefit and not with the health of our people and our country.
The “victim” class is winning, dear Fly.
Another thing, the members of the “victim class” will never agree with your assessments about (native or foreign-born) non-whites having lower IQ and being otherwise inferior–unless the American citizenry chooses to keep them that way.
I do feel the need to reiterate that I personally feel blessed and not at all victimized to be who and what I am in America in 2020.
Also, most of the indirect “victims” (as in the descendants of slaves) are indeed celebrating the permanent demise of the Confederate legacy that (the new) America no longer should feel obligated to protect–and plenty of “woke”/”liberal”/non-deplorable whites are doing the same.
Fly I’m going to send you my q2 exodus trade returns via email. From a guy who tries to trade from the emails while working a full time job.