Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board > Off Topic > Off Topic - Trading The Financial Markets


Reply
 
Thread Tools Rating: Thread Rating: 9 votes, 4.11 average.
Old 02-14-2022, 11:02 PM   #3256
geroge.burns99
Veteran
 
Join Date: May 2021
Location: NYC
Posts: 1,554
Quote:
Originally Posted by Rex Phinney View Post
Bond funds are an interesting play right now. They are dirt cheap because everyone anticipates higher rates, I have doubts on how long the fed can stick to raising. I wouldn't be surprised if they get through one or two hikes and then chicken out.


At any rate I moved on a couple Bond funds the last two days
I hope you have better luck than I do....

IGLB for past 7 months....loss of almost 11%

Also stay away from the so called Covered Call ETF's .....QYLD JEPI

loss of almost 4

Also stay away from high dividend stocks too...they are all SCAMS

IMO....

Mike
geroge.burns99 is offline   Reply With Quote Reply
Old 02-14-2022, 11:16 PM   #3257
Rex Phinney
Registered User
 
Join Date: Nov 2012
Location: Bakersfield, CA
Posts: 1,791
Quote:
Originally Posted by geroge.burns99 View Post
I hope you have better luck than I do....

IGLB for past 7 months....loss of almost 11%

Also stay away from the so called Covered Call ETF's .....QYLD JEPI

loss of almost 4

Also stay away from high dividend stocks too...they are all SCAMS

IMO....

Mike
I have one rule to buying individual stocks. Just one.

I only buy stuff that is so tried and true, so reliable, so bulletproof that if I woke up tomorrow and it was down 40% all I would want is to buy more of it.
Rex Phinney is offline   Reply With Quote Reply
Old 02-14-2022, 11:22 PM   #3258
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,757
Congressman James R, Langevin has bought call options in Alibaba, Generac, Block, Facebook, and Zillow.

this guy is on the Armed Service and Homeland Security committees.
lamboguy is offline   Reply With Quote Reply
Old 02-14-2022, 11:24 PM   #3259
ReplayRandall
Buckle Up
 
ReplayRandall's Avatar
 
Join Date: Apr 2014
Posts: 10,614
Quote:
Originally Posted by geroge.burns99 View Post
Also stay away from high dividend stocks too...they are all SCAMS
is 4% alright with you?
ReplayRandall is offline   Reply With Quote Reply
Old 02-15-2022, 01:16 AM   #3260
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,612
Quote:
Originally Posted by PaceAdvantage View Post
Short ES @ 4478
Stop = 4522.25

Target = unknown at this time
Stop has been moved since initial entry to 4437.25

I don't use hard targets for extended trades like this (which I rarely do)...I'll either get stopped out, or I will cover when conditions tell me I should cover (hopefully into the teeth of an extended drop). Trade is currently +86 points
__________________
@paceadvantage | Support the site and become a today!

Last edited by PaceAdvantage; 02-15-2022 at 01:20 AM.
PaceAdvantage is online now   Reply With Quote Reply
Old 02-15-2022, 07:40 AM   #3261
geroge.burns99
Veteran
 
Join Date: May 2021
Location: NYC
Posts: 1,554
Quote:
Originally Posted by ReplayRandall View Post
is 4% alright with you?
I know what your saying RR....

I was a little surprised too ....

But the road with these is as bumpy as it gets.....

In a few days it can change a lot....


PS- at 7:45 AM......Futures are looking GREAT!!!!

So far

Last edited by geroge.burns99; 02-15-2022 at 07:43 AM.
geroge.burns99 is offline   Reply With Quote Reply
Old 02-15-2022, 09:16 AM   #3262
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,612
Quote:
Originally Posted by PaceAdvantage View Post
Stop has been moved since initial entry to 4437.25

I don't use hard targets for extended trades like this (which I rarely do)...I'll either get stopped out, or I will cover when conditions tell me I should cover (hopefully into the teeth of an extended drop). Trade is currently +86 points
HAH!

Russia pulls back some troops and my trade is stopped out overnight

Entry = 4478
Exit = 4437.25

Profit = + 40.75

That's $2,037.50 profit per contract shorted.
__________________
@paceadvantage | Support the site and become a today!

Last edited by PaceAdvantage; 02-15-2022 at 09:23 AM.
PaceAdvantage is online now   Reply With Quote Reply
Old 02-15-2022, 09:21 AM   #3263
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,612
The real question now is, did anybody notice the PPI and Core PPI both came in about twice what Wall Street expected for January?

And we all know what inflation and the FED means to Wall Street, right?

This whole Russia troop movement bounce is probably nothing more than an excuse to sell and short more.
__________________
@paceadvantage | Support the site and become a today!

Last edited by PaceAdvantage; 02-15-2022 at 09:27 AM.
PaceAdvantage is online now   Reply With Quote Reply
Old 02-15-2022, 09:28 AM   #3264
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,612
I notice the futures market turned around when the PPI numbers came out.

Somebody noticed.
__________________
@paceadvantage | Support the site and become a today!
PaceAdvantage is online now   Reply With Quote Reply
Old 02-15-2022, 11:54 AM   #3265
Rex Phinney
Registered User
 
Join Date: Nov 2012
Location: Bakersfield, CA
Posts: 1,791
Quote:
Originally Posted by PaceAdvantage View Post
The real question now is, did anybody notice the PPI and Core PPI both came in about twice what Wall Street expected for January?

And we all know what inflation and the FED means to Wall Street, right?

This whole Russia troop movement bounce is probably nothing more than an excuse to sell and short more.

The nipple twisting that is going on with Wall Street and the Fed and the government at large right now is level 1,000.


The Fed is OBVIOUSLY, OBVIOUSLY, OVIOUSLY more concerned about the stock market than it is about inflation. These f*cktards have sat on their hands and done nothing for a year while inflation has gotten totally out of control. Most smart people now say we need 50 basis points at a time on the raise but these clowns won't do it. They are whores for Wall Street. We will get three rate hikes by June, the Market will slide 10% and the Fed will stop right there.



I'm convinced the government is fine with inflation in order to make most Americans poorer. Nothing else makes sense. They are doing nothing to combat it.


Wall Street is doing what they do, being fat and happy. "Responsibility? Noone is acting Responsibly"
Rex Phinney is offline   Reply With Quote Reply
Old 02-15-2022, 11:55 AM   #3266
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,612
Well, if the FED ended up crashing the markets, then Donald Trump's prediction would come true...and they can't have that.
__________________
@paceadvantage | Support the site and become a today!
PaceAdvantage is online now   Reply With Quote Reply
Old 02-15-2022, 12:13 PM   #3267
Rex Phinney
Registered User
 
Join Date: Nov 2012
Location: Bakersfield, CA
Posts: 1,791
Quote:
Originally Posted by PaceAdvantage View Post
Well, if the FED ended up crashing the markets, then Donald Trump's prediction would come true...and they can't have that.

They're operating like rates are the only thing that can crash the Market.


They seem to have forgotten the role that inflation and the economy play.



It's already over.
Rex Phinney is offline   Reply With Quote Reply
Old 02-15-2022, 01:55 PM   #3268
ReplayRandall
Buckle Up
 
ReplayRandall's Avatar
 
Join Date: Apr 2014
Posts: 10,614
Quote:
Originally Posted by PaceAdvantage View Post
HAH!

Russia pulls back some troops and my trade is stopped out overnight

Entry = 4478
Exit = 4437.25

Profit = + 40.75

That's $2,037.50 profit per contract shorted.
Well played trade....

You gave yourself every opportunity for a big score, with minimal risk, and cashed out decent...
ReplayRandall is offline   Reply With Quote Reply
Old 02-16-2022, 03:04 AM   #3269
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,612
Looking like 2007 again?

__________________
@paceadvantage | Support the site and become a today!
PaceAdvantage is online now   Reply With Quote Reply
Old 02-17-2022, 10:30 AM   #3270
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,612
I probably shouldn't have been such a pussy with my trade that I posted here recently.

Original stop of 4522 was never in jeopardy...and the indicators I use for getting out haven't been fulfilled yet...so it's no surprise it's heading back down again like a champ right now.

Since I usually don't hold trades overnight, my plan for such trades isn't as firmly established, and you should never trade without a firm plan in mind.

Oh well.
__________________
@paceadvantage | Support the site and become a today!
PaceAdvantage is online now   Reply With Quote Reply
Reply





Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

» Advertisement
» Current Polls
Wh deserves to be the favorite? (last 4 figures)
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 09:43 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.