Seraphicall : Still going up high? Crazy eh

搞经济 抄底 加仓 OP Seraphicall : FED don't have a choice i guess. Holding the interest rate high got to pay some price..

Seraphicall 搞经济 抄底 加仓 OP : I thinking of buying $ProShares UltraPro Short Dow30 ETF (SDOW.US)$

搞经济 抄底 加仓 OP Seraphicall : base on books US index upside % higher . if you talking about stock then 50.50 is your choice cuz you never know

razo2 : you think that is crazy see the technical on IWM. lol. I love those crazy buying.

ZAC_DESTROYS_ALL : well in 2021 he said spy would close at 2021 at new highs he was wrong

MomentumPython1337 OP ZAC_DESTROYS_ALL : 2021 did end on a high?
or you mean 2022

Raj Minnakanti : Which app is that ?

Salmon Klein : the earnings does.not matter looks asml today. They beat expectations and raised guidance. Still, the market is a blood bath, particularly semiconductors, because of whatever Biden said that I don't know. amd suffered for 4 months the thing with China and look at today, down a 9% unbelievable. this is very annoying, very very

10baggerbamm OP Salmon Klein : that's not true as forward guidance was less than expected (Asml) read the story their forward guidance is why the stock is getting butchered and it should not be a surprise because last quarter when the stock was taking apart they said that this is going to be a second half story that they will experience their growth in Q3 and Q4 of this year so nothing has changed with the company

Salmon Klein 10baggerbamm OP : I read they say they will be at the higher end of their guidance? so what's the problem with that? asml is the only company, or the one that sells 90% of the machines used to fabricate chips, I don't see the problem to butchered that way, especially when they say AI is growing demand...I dont understand markets too greedy and no rational for me

10baggerbamm OP Salmon Klein : 90% of their guidance that's a 10% shortfall . you cannot miss at all that's why I say you have to knock the cover off the ball you see you have revenue numbers then you have whisper numbers you have earnings per share you have whisper numbers for your earnings per share and then you have your four guidance that you announce last quarter you have to raise that and you have to raise it higher than the highest expectation if you look with AMD they raised it 4 billion the streets high for forward guidance was 6 billion that's why it got taken apart not because it's a bad company it's a great company second to Nvidia it's the best company to own for the next several years. if you're going to rotate into the Russell you got 10% of that in biotech companies that are waiting FDA approval that'll never get it cuz they're in phase one you got to go phase two phase 3 human testing you're going to run out of money long before you ever get to that level they're not profitable those are the ones that when they have bad news or down 90% then you got the regional Banks which I've made a lot of money in but they're still sitting on a trillion dollars worth of commercial loans that every expert said come 2025 is going to be a train wreck for them so 20% of the Russell are the regionals. 70% of the Russell have no earnings so you tell me what companies to buy because my experience tells me you buy the ones that are the market leaders making the money with little to no debt with enormous barriers to entry and you buy them when Wall Street marks them down and puts them on sale.

104642775 : how much can buy?

10baggerbamm OP : well you have to determine your risk parameters because understand right now this is in a declining trend but there is near-term support approaching and it doesn't always touch those lines that's why I say you put a tow in because if there is a reversal chairman pal for example is speaking today if something is said where he's perceived more dovish all the interest rate sensitive stocks will immediately reverse. and the irony is this Bank stocks and you can look at my post early last week where I told everybody when to enter bnku and DPS in retrospect I made a nice profit but I sold early and they're still rallying so they are highly interest rate sensitive which tells me that at some point these are going to reverse too this basket.

10baggerbamm OP 104642775 : so you see the price you have to decide how many shares you want to buy but you need to be patient this it has the ability to reverse and put $10 on in a day but that's not the trade that I am looking for I'm looking for a multi-month movement back to probably around the 130-140 level

10baggerbamm OP : how I am going to do this is not suitable for everybody but I am going to sell out of the money naked puts so I am looking right now at the 74 July 19 puts and collect 2.10 per contract. and I'm perfectly fine getting put the ETF at 74 I don't think it's going to hit it I think they're going to expire worthless so I collect the premium and I will now commence doing this every cycle of the options to collect the premium because I think we're approaching a bottom. and then I will just like I said put my toe in the water and nibble on the stock I think there's maybe a couple dollars downside from here but I'm willing to take some risk and buy a few shares just to take an initial position