oh yeah? How much is referral bonus and are you sure we can combine both? I'm using tradeking right now and will be investing more money into the markets shortly so I was going to give optionhouse a twirl for free Fire
CrazierRus said: oh yeah? How much is referral bonus and are you sure we can combine both? I'm using tradeking right now and will be investing more money into the markets shortly so I was going to give optionhouse a twirl for free Fire I am not sure it can be used with kindle offer so be careful But referral info is here
In case you looking for a new broker, OptionHouse offers free Kindle Fire
If you're an active trader, I highly recommend you take the 60 days free trades instead of the Kindle Fire. I opted for that when I opened my OptionsHouse account and they ended up giving me 90 days commission free. If you make 3-4 trades per day it's worth much more than the $199 fire.
One of my students is studying abroad (i.e., vacationing abroad) in Athens right now. I've gotten some interesting reports back from her. I just hope she stays safe. Rioting in the streets is never a good thing.
But this market is crazy. I feel stupid for sitting on the sidelines, but there's nothing to justify this sort of move up. Housing is still a mess and the economic situation isn't getting any better (although it probably isn't getting much worse). But as long as a significant portion of our population keeps buying things they don't need with money they don't have, the market will keep going up. I just can't help thinking that some day soon the game of musical chairs with the credit is going to end, people here are going to have to learn to live on much less, and there will be similar problems as we're seeing in Greece right now. With the options prices they way they are, you can make a killing if you time it correctly. My hope is that we continue to move up through the summer. If so, I'll be loading up on puts come September/October.
People have been living on much less. It is what the last 3 years were all about. They have adjusted to $3.50 gasoline. They are mostly out of homes they cannot afford. Jobs are slowly becoming available. They have a pent up demand for goods. They are buying those goods without fear now. If gas spikes (war with Iran), it will have an effect on the market. Other than that, there really isn't much that is going to tank it. Europe noise is just buying opportunities in a bull market.
DavidScubadiver said: Apple busted through $500 this morning. Did not see what caused the move but it was trading up 5 in after hours and now up 8...
Wow...this stock is up over $20k for me and I've only been holding it since the middle of October.
I bought July $480 calls last week and thought I missed the boat and bought right before the pullback. So far these are doing very nicely (up about 20%) and the premium seemed quite low considering there's another earnings call before they expire.
defjukie said: Ugh, should've held off on WU. bought it at $18 and it's been in the red since.
I'll have to take the blame for this. I bought the 25 cent calls for $18, so it's going to creep up at 6-7 cents a day until friday and close at 17.98.
does anyone think the market will rollover anytime soon? its been a great start of the year... sometimes i get the feeling that its too good to be true.
huffboy said: does anyone think the market will rollover anytime soon? its been a great start of the year... sometimes i get the feeling that its too good to be true.
Barring any really bad news I think there will only be minor corrections. On a longer term I am wondering if these returns, Stocks like AAPL, GOOG, LNKD, ZNGA and the up coming FaceBook IPO are sowing the seeds of the next bubble. Anyone else hearing increase Stock chatter in everyday life?
AsylumBoy said: huffboy said: does anyone think the market will rollover anytime soon? its been a great start of the year... sometimes i get the feeling that its too good to be true.
Barring any really bad news I think there will only be minor corrections. On a longer term I am wondering if these returns, Stocks like AAPL, GOOG, LNKD, ZNGA and the up coming FaceBook IPO are sowing the seeds of the next bubble. Anyone else hearing increase Stock chatter in everyday life?
don't have any chatter to share
but I don't see a bubble across the board ... the PE ratios seem rather low on a lot of tech issues
I think we are just seeing a continuation of money moving quickly into certain things and indices ... we know that kind of money can quickly flow the other way
this is not a pleasant environment for a long term investor ... but it is great for those that run the machines
I wouldn't throw AAPL and GOOG in with LNKD and ZNGA. LNKD, ZNGA, and Facebook will all be dead in 5 years as the next hot thing replaces them. AAPL and GOOG have shown that they're willing to keep spending money on the development of new products that will keep them relevant while still staying true to their core business. It's a similar model to IBM and Microsoft. If I had unlimited time to short and wasn't worried about margin calls. I would short things like LNKD and ZNGA with my entire bankroll. The problem is that those options simply aren't practical. They're going to go to 0 (or near 0 eventually, see AOL), but they may double or triple before then.
I was saying long term, not that we would be in a bubble this year or next year or even the next. I did not mean that those businesses/stocks are any way similar, just that some people have made money on those stocks recently. It is just that over the few years stock talk has been almost zero. Now I hear a few people saying stuff like "My friend Joe made 2K in month investing in XXX" or asking "Are you going to buy Facebook?" I think a lot of people are still out of the markets but after they finish their Bankruptcy or Foreclosure or HARP they may downsize their lives and start looking for a place to put their meager savings. Unless banks start paying more I think more and more of that Money may be heading into the Stock market. This is not a position I am currently playing, I am just monitoring what I hear in everyday life and planning what to do if it starts to pick up momentum.
CrazierRus said: stepped out of DMND @ 23.74. Should've taken 24.4x when I had a chance but oh well
Good thing you didn't wait until now (22.64).
I think DMND is NOT done being pressed down yet... but when I think it is close, I may jump in for 50+ shares, and try to ride it back up into the 30's. Even if it takes a year...
AsylumBoy said: Unless banks start paying more I think more and more of that Money may be heading into the Stock market. This is not a position I am currently playing, I am just monitoring what I hear in everyday life and planning what to do if it starts to pick up momentum.
While I bet you're right, I think that number will be swamped by the amount of money being pulled out to pay for the baby boomers' retirements. That's an incredibly powerful piece of resistance for the next 20 years.
I've been reading this thread for about a year. I don't understand most of it. I actively tracked allr for months and never bought. I bought leveraged silver ETF funds both for and against in a period of 1 week last summer and made about 1000. Gamblers luck. The best advise I saw here though was buying agnc. It's up 5% since I bought and I've earned almost 20% in dividends since then. Big thanks, but has that fallen out of favor here, and if so, why?
What's on the earnings calendar for everyone this week? Not too much jumps out at me, but I am bearish on ANF which reports Wednesday; considering puts on that but the premiums look high. Perhaps an ITM put is appropriate.
NVDA also reports Wednesday, and DTV and JWN on Thursday. Thoughts on these?
skeemer said: What's on the earnings calendar for everyone this week? Not too much jumps out at me, but I am bearish on ANF which reports Wednesday; considering puts on that but the premiums look high. Perhaps an ITM put is appropriate.
NVDA also reports Wednesday, and DTV and JWN on Thursday. Thoughts on these?
Been looking at Zip (tomorrow morning), but having a rough morning and probably going to sit out today.
MVIS revesre stock split vote set for Thursday. Did word leak that it was approved? The stock jumped today. I was looking t make a little play on it tomorrow, but I might have missed the boat.
depalma13 said: MVIS revesre stock split vote set for Thursday. Did word leak that it was approved? The stock jumped today. I was looking t make a little play on it tomorrow, but I might have missed the boat.
Sorry if a totally nubby question, but isn't a reverse split bad? Why would it pop on that news (my only guess would be that it's otherwise going to be delisted?)
The massive short position will have to cover to protect themselves from the lack of available shares after the RS. So they cover before the announcement and the stock surges. It's up to $.63 (16.65%) and that's not counting that the stock was actually down to $.51 earlier today.
depalma13 said: The massive short position will have to cover to protect themselves from the lack of available shares after the RS. So they cover before the announcement and the stock surges. It's up to $.63 (16.65%) and that's not counting that the stock was actually down to $.51 earlier today.
umcsom said: depalma13 said: The massive short position will have to cover to protect themselves from the lack of available shares after the RS. So they cover before the announcement and the stock surges. It's up to $.63 (16.65%) and that's not counting that the stock was actually down to $.51 earlier today.
not how reverse splits and shorts work.
Why is the stock soaring. Since, I'm wrong, I'd like to know why my mistake is actually making lots of money. I'm not being condescending, I'd like to know.
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