market pricing 12-18 mos from now so they are jumping ahead of the daily headlines.andrew4321 wrote: ↑ Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates. Definitely bullish.
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Mar 30th, 2020 1:38 pm
market pricing 12-18 mos from now so they are jumping ahead of the daily headlines.andrew4321 wrote: ↑ Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates. Definitely bullish.
Mar 30th, 2020 1:47 pm
sounds like great numbers, will buy moreandrew4321 wrote: ↑ Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates. Definitely bullish.
Mar 30th, 2020 1:47 pm
Mar 30th, 2020 2:11 pm
Mar 30th, 2020 2:21 pm
That's what they want us to think imo....sucking in shorts
Mar 30th, 2020 2:32 pm
Mar 30th, 2020 2:44 pm
Mar 30th, 2020 3:08 pm
how is the correlation of cheaper WCS good for suncor? it's pushing to 20 today....almost 20% up...and no news headlines...andrew4321 wrote: ↑ Western Canadian Select (WCS) @ $4.00 a barrel, $3.80 earlier
Mar 30th, 2020 3:13 pm
Mar 30th, 2020 3:17 pm
I understand. And just to give some background. I sold all my positions about 4 weeks ago. Thats when I took some put positions in RY, TD and DOL. DOL I have exited for 350% gain.margincall wrote: ↑ That's great for you...however there's no need to post the same thing in every thread.
Also, if you don't post your entry, the exit does not add value to any thread.
I don't mean to be harsh as I see you're new...but we have too much nonsense in the investing forum as it is...just trying to keep this thread on point especially during these turbulent times.
Mar 30th, 2020 3:50 pm
Mar 30th, 2020 3:50 pm
who's your broker?gohabsgo99 wrote: ↑ I understand. And just to give some background. I sold all my positions about 4 weeks ago. Thats when I took some put positions in RY, TD and DOL. DOL I have exited for 350% gain.
I also must say that the puts are only about 2% of my portfolio ( now more ) and my shorts are about 5% of my portfolio. I am sitting in money market for the time being as see no need to be a hero long or short. My view is that we could potentially be down a lot more over the next 2 years. Market timing and going long is as good a bet as going to the casino at this point as there is no way that the economy will get back the way it was in short order.
Mar 30th, 2020 3:54 pm
Mar 30th, 2020 3:56 pm
you said you are now sitting in a money market. I'd like to know if your broker provides that as mine does not.gohabsgo99 wrote: ↑ why do you want to know
Mar 30th, 2020 4:02 pm
Mar 30th, 2020 4:56 pm
Mar 30th, 2020 5:22 pm
seems like it.. terrible for the industry / economy.
Mar 30th, 2020 5:31 pm
Mar 30th, 2020 5:41 pm
when you do it a year or so ahead isn't it prohibitively expensive?
Mar 30th, 2020 5:49 pm
For buy and hold FOTM, your main cost would be theta. If the underlying is not bouncy enough, it may become ATM but contract worth a lot less due to shorter tenure.
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