Any other O/O’s deep in the Stock Market?
Discussion in 'Ask An Owner Operator' started by supergreatguy, Dec 10, 2021.
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I don’t understand puts and calls a s all that crap. I’m in the market long . And like 2 months ago I couldn’t take the heat a d put almost everything in cash .
I’ve still got a ton of Oracle and smaller positions in Ford ,Tesla and Martin Marietta. But everything else was sold. Still made over 4K Friday for a change. Total for the year is very good tho. And the 600 down days don’t bother me as much now ….
They have turned the market into organized gambling……Last edited: Dec 11, 2021
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Traded options into being an MC and keep far away from it now so I don't give it all back. When you know you're a degenerate you've got tk keep yourself in check or risk losing everything.
feldsforever Thanks this. -
TD Bank, Enbridge and Suncor pay pretty good dividends.
supergreatguy Thanks this. -
Right now through about next September 2023 is a good time to be invested. Have your finger on the escape button right before the election season kicks off. I see a lot of things that remind me of 1998 all over again, such a banner year. My portfolio had gains in the 48% that year. Times like these come around very rarely and they leave very quickly, but savvy folks can cash in!
supergreatguy Thanks this. -
Sounds like you’re aware. The market is an absolute wash. Especially since Jerome powell did the easement pumping billions into the market each month. SPY options, buying calls almost guaranteed you a 100% each week for a year. It was literally printing free money if you bought calls (betting it would go up)
Hedge funds literally run the show. The GameStop saga crushed one temporarily.feldsforever Thanks this. -
feldsforever Thanks this.
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I've had good luck with Charles Schwab. I had the same broker for twenty years and when he retired his daughter took over a lot of his accounts. I'm doing better with her than I did with her Dad.
The only drawback to Schwab is that unless you keep at least a half a mil in your account and churn it frequently they don't take you seriously. My broker and I talk at least once a week and if things are moving we might talk every day. I like that kind of attention and I really like the results.Midwest Trucker, SL3406, feldsforever and 2 others Thank this. -
Buy the dip.
Buy the turd.
Buy the turd dip.
Buy the dipped turd.
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