Author: pluginever
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r/Stocks Daily Discussion & Technicals Tuesday – Jul 30, 2024
This is the daily discussion, so anything stocks related is fine, but the theme for today is on technical analysis (TA), but if TA is not your thing then just ignore the theme. Some helpful day to day links, including news: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider…
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Fucked up and sold some shares of VTI
Hi all, I am new to this and I think I made a terrible mistake. I sold some shares of VTI that I bought in 2022 at a share price of 190$ thinkig that market will be crashing soon and I wanted to save my gains. Long term tax is around 15%. I thought I…
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Stocks to make a profit when America goes to WAR with Iran
I firmly believe that America might soon find itself in a war with Iran. As someone looking to capitalize on potential market shifts, what stocks or sectors could see significant growth in times of war?
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Google at $164, 2.05T MC. Generational entry or the start of the end?
After the announcement of SearchGPT and recent earnings, Google retraced back to April 21 ATH. Are we gonna see the start of the downfall or one of the best entries for this stock? Personally, I'd be buying more. There's no way this behemoth will be left behind the AI race. Hell, it'll probably be the…
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Buying stock outright vs with options contract
So, say I want to buy CSCO. There are call options with a strike price of $35. It’s currently trading around $47. Why wouldn’t I buy (and exercise) the call option? Ok, so I actually did this… and when I called Fidelity to exercise early, he said I’d be better off selling the calls and…
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Anyone else bullish on Kellogg?
Around the beginning of the year there was a boycott on Kellogg(KLG) over the CEO's comment that poor people should eat cereal for dinner to save money. Over that time the stock has dropped from 25$ to 15$. The boycott ended earlier this month and as of today its up to 17$. What are your…
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SPY past 30 year drawdowns – useful for position sizing
I've built and automated these charts as part of my own trading and risk management system (see below for chart – apologies as sub doesn't allow images) This sort of analysis is very easy to do but also very useful for anyone running any book that resemble a BTFD-style strategy. Hint: figure out a mapping…
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Wash rule – how does it apply when the same stock is sold within 30 days?
Newbie trader here. I’m trying to understand the Wash rule. I’m looking to sell shares of the same company stock I acquired on 6/28 and 2/29. At the current prices, the 6/28 lot would be sold at a gain and the 2/29 lot would be sold at a loss. If I sell both lots on…
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US stocks with European listing and US ETFs
What are the downsides of buying American companies not on NYSE/NASDAQ provided that I'm European resident? That's what I managed to find: Quotation will be in EUR Less liquidity A bit higher fees for transaction but no fees for currency conversion Different trading hours I'm also curious regarding: What currency dividends are paid? How dividends…
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M&Atterport Arbitrage
Position disclosure: I own 1,060 shares of Matterport. Just wanted to share my thoughts—not financial advice. TLDR: I expect a 17% return by the end of the year with low risk (as I believe the deal is likely to close), but deep exposure (if the deal fails, I could lose at least 50% of my investment). CoStar,…