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Misc Stock Market

Feel like going all in on puts here. Seems like free money.
Calls it is. Unloaded into SPXL today. Got my average into the 76’s. No way SPY loses this weekly candle. The Fed will reverse their policies to keep that from happening. Market is throwing a tantrum. I buy
 
AAPL is no longer the world’s most valuable company. Saudi Aramco surpasses it in market cap.
 
Q’s broke last March’s low and now next support is low $260’s. Down 29% from ATH. Would need to rise 40% to reach ATH. ?


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Think I may grab some Dec spy put spreads. $380/$310 for net cost of about $1.7k. Kind of want to wait for the next bounce up though.

??
 
I fortunately waited until this morning but I'm sure it won't take long, somehow this thing was 6 bucks yesterday
I sold mine lost like 20 bucks, somethings up WLUNA being so much more than LUNA on Coinbase. Seems odd and I think they may drag it down once people stop buying WLUNA
 
Tether/USDT as low as 0.98 this morning - watch Tether
LUNA is done for now - algorithmic stable coins are also over - incredibly brilliant team - perhaps a Phoenix will emerge (not for me at this time)
high-risk/"risk on"/speculative assets will be shunned in 2022/23 until inflation is under control
blockchain technology will ultimately transform banking, etc (lots of money to be made) but this will be at the expense of many high-risk, retail investors
 
With liquidity coming out of the market you are seeing who has been swimming naked. What is happening right now (subject to change) is P is coming down (price to earnings) as rates heading higher so you have multiple contraction. Earnings are still growing, but not at the same pace they have been in previous years. Right now credit spreads are pretty well behaved and is not showing a recession is coming. But don't be a hero here as the Fed can't save you as inflation is running at 8.3%, they will actually get more aggressive as inflation hurts everyone, recessions only really hurt the bottom 15% (sorry but true). Also all of this ESG stuff in the words of Obama pastor, the chickens are coming home to roost. The under investment in "dirty" energy for the last 12 years is about to hammer you in your wallet and cause a real problem for the US but a real lives in danger for the rest of the world. Sadly you are about to witness mass starvation in the middle east, Africa, and south Asia like nothing we have ever seen.

Good luck out there and like I said, don't be a hero because you don't have a cape
 
No bottom in sight. I did add more Q’s to my long term account at $285. But it sure looks like it’s going lower…much lower.

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I went all cash in long term IRA to end 2021. I had sold Q’s at just under $400 and sold SPY at $458. I started adding back Qs and SPy at $320/$420 respectively and been adding just Qs this week. I probably should wait but feel like I stole something with the move to cash and buying back in 25% less is good enough. I am really unsure on what to do…these both could drop another 20%.


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I went all cash in long term IRA to end 2021. I had sold Q’s at just under $400 and sold SPY at $458. I started adding back Qs and SPy at $320/$420 respectively and been adding just Qs this week. I probably should wait but feel like I stole something with the move to cash and buying back in 25% less is good enough. I am really unsure on what to do…these both could drop another 20%.


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Yes, you did very well to go cash at the end of 2021. Because of that you are ahead of the game. Your strategy of adding on the downslope is a good one in my opinion. I plan on making weekly purchases in my IRA's; I will continue to contribute to 401k out of every paycheck as well. Gotta buy when blood is in the streets; timing the bottom is an exercise in futility in my opinion.
 
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