Thank you to those that signed up for this weeks event. I’m looking forward to working with you guys.
If you haven’t signed up yet, you can at any point this week. Again, for those that can’t make the live sessions, I will be sending out all recordings for you to download as well as PDF’s of the slides.
The most exciting part of this is that the timing couldn’t be better to work the process in real time.
Here’s a link to sign up, last call.
OA
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Numerous folks on my Twitter stream talking about how nobody is bullish so they are. I mean lots of people, not just permabulls. Haven’t seen that kind of unanimity in this view before.
Bought CAT.
TRTC rippage
Love $CANV
DEA supposed to comment on weed reclassification “in first half of 2016”. Could be any time now.
TRTC is not only involved with Cannabis…. today’s move was courtesy of SUPERLEAF
http://finance.yahoo.com/news/terra-tech-subsidiary-edible-garden-120500054.html
Tip of the hat for that one, jumped on last week. Bought CANV too, debating AERO…
If you google SUPERLEAF it directs to a rolling paper website hahahahah
Specifically, the DEA memo said that it “hopes to release its determination in the first half of 2016.”
If they said that they “would release” first half of 2016, I’d be skeptical that a Federal Agency would make a deadline it feels is unimportant and has dragged its feet on before
Because they used the word “hope” – as if it wasn’t 100% under their control – I take that statement as a *gurantee* that we will NOT receive weed reclassification in the first half of 2016.
In all likelihood, we will see reclassification after the presidential election, and the result will likely be highly dependant on the President-elect’s views on marijuana.
If you knew for a fact that the Euro was heading up, what would you guys do?
I would buy Euros
+1
Thought I’d get that response from someone. Phrased differently: if you knew for a fact the Euro was heading up vs. the dollar, what would you view as the best way(s) to maximize profit coming from, or even coincident with, that move?
Currencies have many 2nd and 3rd order effects that are hard to predict.
If you *knew* the Euro was going up vs. the dollar, then the best move would to establish a position directly based on that. If your question is, “How do I bet directly on the euro?”, then no offense, but I’d probably question your information source because of your limited investment knowledge.
However, the answer is to establish an Forex trading (currency) account and buy Euro futures. Some common brokers such as Ameritrade let you do this. Warning: this method is highly leveraged: you can bet 1000 and lose 10x that.
Another method is to purchase shares in the “FXE ETF”. This is a low-leverage bet, so risk is much more limited. If you don’t buy on-margin, then your loss is limited to 100% (although it would be doubtful to lose more than 30%, IMHO)
If I were to bet on the Euro, I would buy FXE call options, but you shouldn’t trade options unless you really undersatnd them
Thanks — I’ll try this again. I know how to invest directly in the Euro, as well as in related ETFs, futures, and option contracts. I thought people would know I wasn’t asking about those, but that was a poor assumption on my part and I appreciate your honest and well-thought out reply.
What I’m curious about is whether anyone sees any relatively clear derivative / second order plays based off a Euro move that would be more lucrative and might lend themselves to, e.g., investment vehicles that would be accessible in a 401(k)..
E.g. — as a hypothetical — if the Euro moved up 10%, whether anyone here expects to see, say, a 25% move up in EMs or, perhaps, a 30% move in gold miners.
I know the second- and third-order effects are difficult to predict, and we could discuss the predictability of any such moves, or the lack thereof.
Dead in here today. Nothing to talk about? No trolls?
not even a bchu comment.
Was seriously going to comment earlier but day seems dead. Didn’t think I would get an audience. Always heat warming to know you been thinking of me tho
Look at the close: no one knows WTF will happen this week, but everyone knows the markets are sitting at critical levels.
long June TGT calls and WMT puts as hedge that TGT is relatively undervalued given the pop in WMT, drop in TGT, PE ratios, and foreward earnings of the pair.
More baseless bearish drivel out of The Fly….what has Princeton done to you??? Seriously this ZH bullshit is an embarrassment to the fine IBC institution you created. Perhaps the site should be renamed “I Used to Bank Coin”…
TWTR setting up for a rip higher…use this morning’s downgrade to purchase shares / call options.
Not sure about this one – if it had been behaving bullish, then yes, but here, will want to watch price action, especially if it goes back to test 14 Downgrade doesn’t seem to have moved it at all, so maybe 14 is the floor
Have to agree the sentiment is pretty fucking negative in this name although I am still not sure how they will ever monetize.
I really like FIT for the long term, wearable health tech is in the early innings imho and as far as I can tell this is the only pure play.
yeah, if this is a sentiment play, then yeah, pretty bad and may be worth a few calls – weekly 14.5s are .20, next weeks are .40
FIT is faux wearable health tech. Does anyone really need to know how many steps they take in a day? Stopped using mine after a week. Will go the way of GPRO.
So I looked at pre-market price action and this did rally from the low 14’s to back around the closing price from yesterday – may be a good spot to take a swing, especially with today’s market action and snapchat valuation news
Doesn’t look promising in the early going
Tough to warm up when shares are making all time lows…regardless I like it below 13.9 and believe we will see a hammer by the close of the day
There’s the price rejection below all time lows…next stop 14.22 open / HOD
I took a flyer in this weeks 14.5s @.09
Just bought the 14’s @ .22
There is some traction now….looks like 13.96 is the level to get above
CYNO rippage
Good to see continuation in last week’s earnings winners – AMAT, CRM, WMT. I also like EA for a move out of this congestion.
NFLX has resistance at 98ish – I had some 96 calls I took off this morning and am watching price action now