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15min DelayTrading Jul 31 12:14 ET

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Chipotle Mexican Grill Stock Discussion

carlton griffiths

3 hours ago

$Chipotle Mexican Grill(CMG.US)$

105115143

4 hours ago

$Chipotle Mexican Grill(CMG.US)$ $Chipotle Mexican Grill(CMG.US)$

BelleWeather

20 hours ago

Learning to write contracts…

I’ve started using debit spreads and writing calls against shares that I no longer want to hold (largely purchased impetuously when I started.) I am also testing out aqcuiring shares by writing puts in papertrading. id like to test building a position in Microsoft to write OTM CCs for income and possibly CMG because IV is so high. Also testing writing against the volatile MSTR, but after the split so as not to risk all shares being called away.

Monthly Journal: Traders' Insights Wanted!

71724791

22 hours ago

$Chipotle Mexican Grill(CMG.US)$ now you are a man

10baggerbamm

Jul 30 04:26

$Starbucks(SBUX.US)$ let's just try to think about this logically two quarters McDonald's missed earnings Domino's used to beat earnings all the time now they're missing earnings Walmart says that consumers are stepping down meaning that they're seeing higher income people in their stores than before because they're transitioning from higher in stores to Walmart stores for shopping and other goods. every statistic shows consumers are tapped now more than ever before their savings are at the lowe...

MomentumPython1337 : i find it funny that mcd's stock actually rose. i expected it to tank like a rock given that LW's stock had a shocking drop to the abyss and LW frozen potatoes is in the same theme as McD. the only explanation is people already got the shock from LW that their expectations were low to begin with...

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10baggerbamm OP MomentumPython1337 : is expecting McDonald's to fall also but this is an example of sectors that get oversold is the only way to describe it when you have good news in a stock goes down that's an overbought environment just from a using a broad-based paintbrush approach and when you have bad news and sectors rise or companies rise those are indications of an ignored forgotten sector or company that's oversold. so I think this goes back to money rotating out of The magnificent seven at least portions of it looking for other places to put it however quite frankly I don't care for McDonald's food I haven't eaten there in about 12 years I think their food is disgusting I think it's overpriced it's no longer 99 cent small hamburger you know it's $4 it's $7 $8 for a filet of fish I think the average person that's an hourly worker is avoiding them because they're thinking I got to work 2 hours to eat lunch there after taxes so on my 8 hour day I'm only left with 6 hours that's just kind of how I look at it. but I think that's what everyone's looking to do is to reposition money managers I have no interest in owning McDonald's I have no interest in owning restaurants they face enough challenges on their own end without having to worry about the customer they have to worry about the commodity prices changing which are eat at margins. but I think that's what we're going to continue to see in the near future until this weekend Nvidia come out with earnings I think people are waiting to see you know what is Microsoft what is meta what is Amazon going to say and what is NVIDIA going to say. the last time I checked the future is not built around hamburger stands in golden arches it's built around technology

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MomentumPython1337 10baggerbamm OP : yea agree with you for sure. just good to keep an eye on these kinds of stocks to track how the consumer is doing and how the economy is doing
i still find it a bit hard to believe the 2.8% higher than expected gdp growth. i really really hope there's no recession coming.

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10baggerbamm OP MomentumPython1337 : so many people myself included have an economics degree and one of the first things that you learn in econ 101 in college is what is the definition of a recession. I had great professors several of them Art Laffer Julian Simon and several others that are at Wharton School right now Harvard obviously many of years have passed but most of these people find themselves on the top business channels at some point in time throughout the course of a year if they're still alive. the point is everybody is taught the definition of a recession is two consecutive quarters of negative GDP. what the Democrats do and what they have done is they rewrite history to conform to themselves. Obama had numerous definitions in Webster's dictionary changed and under the Biden administration you have the old Billy goat Janet yellen that decided to change the definition of a recession so that Biden would not have a recession under his administration because q1q2 of 2022 was negative GDP under his administration so technically he had a recession during his term
but Janet all of a sudden spins it and then the media promotes it oh you have to have negative employment. never in a million fucking years in any textbook did I or anybody else that have master's degrees c o you have to have negative employment. and clearly that was added when you have an open border millions of people coming over and it's post covid everybody's coming back to work it's impossible to have negative employment. so we already had a recession and the world moved on but they changed the definition and myself and many people believe that these numbers that come out on a daily weekly basis are all bullshit anyways because you see revisions take place all the time significant revisions which means their data they're collecting is not accurate or they just are publishing bullshit to push an agenda

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thoughtful Bat_8163 : Starbucks is down right now

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Thy GoD

Jul 30 00:57

July PnL, took a fat L cuz of Tech selloff.

To start off in July, i had a couple positions in tech stocks and due to sector rotation and the sell off, wiped out a large amount of my gains or amplified any losses.
(P&L is not 100% accurate as some options i sold/bought do not have proper pricing).
My largest loss was possibly my attempt at cost averaging $GraniteShares 2x Long NVDA Daily ETF(NVDL.US)$ , which didnt rlly go well but i managed to sell a covered call anyways.
I also lost some at $Chipotle Mexican Grill(CMG.US)$ cuz i tho...

July P/L Challenge: Which GIF best describes your trading journey?

TrendTrader

Jul 29 09:46

51 🎯 hit!

$Chipotle Mexican Grill(CMG.US)$

TrendTrader

Jul 29 09:45

Over 51 looking for 53 and 55

$Chipotle Mexican Grill(CMG.US)$

76545789

Jul 27 07:49

$Chipotle Mexican Grill(CMG.US)$
probably going to sell put elsewhere the price was pretty high when split it did take a long time to get there. was hoping turn around at earnings but these fast food places all in decline cuz of high prices people are starting to eat at home more

Chad Dunbar

Jul 26 23:34

Let’s hear from the CSCO & CPO, not the CEO…

$Chipotle Mexican Grill(CMG.US)$ I don’t want to hear anything more from the CEO. I want to hear from the CSCO and the CPO. Aside from short seller manipulation of the stock price, the company has a supply chain problem that is manifesting in customer service issues (shrinking portions while denying the obvious, slow follow up on social listening that allowed this outrage to go viral) and stockouts (stores constantly running out of sometimes as much as...

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