good luck - drink market is highly competitive
I am in KO, BUD & STZ all solid companies with good positive cash flow paying a dividend

ZVIA has negative cash flow, not a great sign

Thanks for the tip! I literally just made 10% in 2 hours.

Solid green all over, all the reopening names are kicking ass....LVS is up 15% in 2 days. Najarian was saying Royal Caribbean might pop due to unusual option activity. MRNA is down, so I bought some today hopefully for a swing trade.

PS: Ares Capital ex dividend date is 9-14-2021 it pays almost 9% annually....the stock is currently under 20 bucks, they have a great track record..so if you want a good dividend stock, take a look at ARCC

FSK is the 2nd largest BDC after ARCC their yield is almost 11%, it's also a pretty good dividend play when tapering comes calling.

YW, but this is a years-long game with much higher potential upside. Stay the course.

Either meme stocks like gme are about to do something crazy after a collective pop, or they won't, I know at the very least there's a few things at place that may be getting people to fomo, so far the volume isn't too crazy, yet. Place your bets if you've got some free cash you aren't worried about losing.

That was a wild day. I bought some LVS in the morning and sold it in the afternoon. Hoping to get in to LVS and WYNN a bit lower for a longer swing.

I'm back at all time highs for the first time in about 6 weeks, up 15k since the dip on Thursday. And I'm still around 85% cash. I swing trade the other 15% while waiting for the big dip that seems it will never come. It's been something like 9 months since a 5% correction, which is crazy.

As soon as the taper talk begins, they'll freak out again and sell off, after a week they'll rally again....after that in 2022 with the interest rate hike talks, rinse, repeat but that one will be a little more serious, if you can wait it will be sizeable drop.

I have been waiting since January as well for a good pullback. It just keeps climbing.

I've been in FSK for a month, up 8% in that time, thinking of buying it's next dip.

I bought 100 shares of LVS at 38 based on the article someone posted here. Should I sell it or hold?

Hold till 46 maybe. 48 tops.
All the gaming stocks on a run. You know how this always pans out. Drop 10% next week.

Ok. I figured this was coming. With the U.S. Labor shortage and companies terrified of a covid outbreak wiping out there entire workforce for weeks or months, it makes sense to offer incentives rather than threats. many more companies will follow. I think there will be a lot of new buying power in this country, followed by more inflation.

Oh and I took the night off because a billiards place right by my house added a bunch of pinball machines for the first time. Woohoo!
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For now the bulls are back in charge...I'm thinking it should be the usual gyrations till the Fed meeting in early Nov, that's when everyone is betting they will talk tapering. So you might want to be in some cash when that happens.

Everything is looking green today except for vaccine stocks. Not sure why Pfizer and Moderna are both dropping with FDA approval and talk of boosters, one would think that would help their bottom line. But tech is flying.

SPRT!
Thanks Reddit

Woah, that's flying. Jump off before it crashes.

Day traded sprt a bunch today, despite knowing nothing about the company, just reading momentum, worked out very well. I DO NOT recommend trading this way.

And yeah, it's a falling rock now. EOD Friday is not the time to buy these things.

I have to pop over to Reddit to see all the suckers that YOLO'ed it on the way up and then didn't sell, just like GME. I love some good loss porn.

I admire the testicular fortitude of day traders, but I wouldn't be able to sleep at night doing it. I only buy stuff which I personally understand (or just like) and only niche positions at that.

Very difficult to beat the quants over time. Even fleets of experienced traders at Goldman Sachs with rooms of HDTV's flashing stock information can rarely beat them consistently. That's why prices are generally what they are... the research, speculation, hunches, earnings, estimated growth potential, competitive risks, etc. are all factored in. Thus everyone looks like a genius in a bull market and you *almost* can't lose buying into the momentum. Of course the opposite in a bear market.

Meme stocks are really only the latest version of squeezing the rumor mill, pump & dump, etc. Has been a thing for many decades. Good if you're clever and understand the game you're playing... but even then greed has a tendency to blindside the best speculators over time. Always looking for one more high.

Question for y'all... what percentage of your total investable assets (not car, home equity, etc.) do you usually play around with? I feel like I'm pretty conservative with only 3% of my total holdings in non-diversified speculative buys. I don't do options.

Less than 1% here. I like staying active so I can choose when to up my 'other' contributions (kid's 529, etc). I play around with options and have had mixed results. I've learned a lot, and really enjoy it.

Everything else is in a mix of ETFs, target funds, and managed funds.

Of my invested money, I do 80% passive 20% active. The 20% works out to about 5-6% of my net worth. But Im also completely debt free(own my house, cars, etc) and spend less than 40% of my income a month. The 60% has to go somewhere.

Return to your normally scheduled trading.

Source? All the results I'm seeing show he was vaccinated in March and received his second dose...

Edit: oh, I just learned what bitchute is.... yikes. Looks like you probably got duped by him stating he wouldn't take it in December until those that really needed it got the first doses. Released today and cleverly edited and I guess you can get people to believe it's current and sending a different message. Remember to be careful where you get your news.

Continuing to ride the DKNG train. I hope it can break out now that it has crossed $60. I add and then add some more!

Nothing here.

https://www.google.com/amp/s/amp.usatoday.com/amp/5524692001

You cited a nutty wildwest video site to claim that the Pfizer ceo stated plainly that he won't take the vaccine (false), so what is it exactly that you're holding back?

.

Dude is a conspiracy theorist anti Vaxer. I’ve seen his posts in other threads. These guys never do well in life and end up blaming “brown” people for their shortcomings.

So let me get this straight. Are you saying that because someone chooses to not get a vaccine that they are racist? I know nothing about this guy but just trying to follow your logic.

.

Let's not derail this thread again.. I finally pulled the trigger on some Amazon stock. Even though I'm mainly a dividend investor, I've been adding some growth stock to my portfolio.

My career was with a Global Company and I count as good friends people from Africa, India, Palestine and South America. I have few white friends, most are "brown", as you put it.For some reason I never see the color of a Friend.
When randos attack people like this sorry, it won't stand.
I made a mistake in the above posts and deleted them. Not afraid to admit I was wrong.
I will hold my breath waiting for you to do the same.
Sorry to further derail, take it to PM if you have further unfounded accusations, thanks!

Considering day traders rarely carry anything overnight, they probably sleep better than the rest of us!

Racist f’kng assholes is the cominality that traitors have
to their country. I’m proud to be American where at least I know I’m free. I will. Defend my country against idiots that are trying to destroy it by not getting vaccinated.

Wow….You sound like you have more issues than tissues.

Yeah its a valid point to keep in mind. Day trading vs. Swing trading vs. Playing earnings. I did pretty well day trading...but it requires your full attention. It is....a lot of work. Swing trading imo sucks and is harder and basically taking a guess that some a-hole wont tweet something stupid or blow somethng up before the market opens. Swings often become longs in my experience lol. That being said..it is almost the same as playing earnings ...but ppl play swings various ways depending on what metrics they choose to follow.

Nice commentary....day trading is tough and time consuming, you literally have to be wedded to it. Swing trading can be dangerous due to unexpected news or market conditions. Long term investing is damn boring, so you try to combine all 3 for best results.

Curious if there is software or platform that will guide you for easy money trades? I’m not talking about making a living from day trading but if there was some software that would point out the easy trade that you could grab and go without me actually doing a ton of research and being glued to a monitor.

Currently I do some low risk option trades not making a living but just pick up a few hundreds here and there.

There are some platforms (E-Trade, Ameritrade) that are advertised as being able to highlight technical events such as Trap doors, Golden cross, head and shoulder etc. but they don't really work that well. The one that has worked well for me has been unusual option activity...I've never made big money because I don't put up a big bet with those trades but often in a bull market it works. Lastly, if you're serious about day trades or swing trades as a strategy look into a service, such as Wall St Jesus, it helps with the noise and they teach you a lot.

I won't get into my day trading strategies as I am a bit of an amateur and don't want to lead people down a bad path even it has been going well so far.

Currently debating if I should actually hold either bbig or sprt overnight as they have been popping big overnight. The sensible side of me, that is going to keep me from generational wealth, says no.

With the MEME stocks, I find it hard to time the fall. If you are already up over 100% on either, I'd consider bailing. BBIGs product is barely used at all, so you are just hype riding for quick gains.

I listened to my sensible side, so far he was right. Though usually he just makes me sell too soon.

Lot's of rumors about Apple's new phone being a game changer, it may ripe for a big move if true....Baba is being taken up by the Redddit Apes so they may try to squeeze the shorts on that stock.

Is it the rumor that phones may have satellite connection capabilities for areas where there is otherwise no signal?

Yes....that's it. There's been some option activity as well....so it's all speculation as this point but if there is an official word it may pop on that news. Now bear in mind 98% of us will use these devices in cities and metro areas so it won't make any difference to us, however it is still tech news and a positive buzz for stock, it may not translate to big sales but then again this stock doesn't play on fundamentals anyway.

Anyone else in on that sweet, sweet $AMC?

I mentioned not too long ago people should keep their eye on these stocks. I've been mainly day trading it, all that stock and GME needs is a major volume spike and here we go again. No guarantee it happens, but so far the price action shows a lot of strength.

I think a bunch of us bought and sold AMC back when it was first hyped and most for a nice profit, much like I did with GME. But only a few people have the patience to daytrade it and I can't see holding it still at this point.

My biggest earners over the past few months are: AAPL, PYPL, FSK, PFE, and BITF