Official Short-term Investments Thread

[mr2mike]

Largest XEG drop since covid.

[max_boost]

I was gonna buy a massive chunk of xeg 1 year ago but bought tlry instead lol

[ExtraSlow]

What is bonus season?

[jwslam]

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TVE under $4 is a gift.

This gift kept on giving

[killramos]

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What is bonus season?

Comes every 2 weeks

[Ekliptix]

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I dumped all my Suncor back when they hit 34$, was in at 20$.

My SPXS is up 15% in the last 3 days. I'm expecting some big upside there in the next 6 months or so.

Interesting, I've never know about inverse ETFs. It'd seem if you're betting on markets going to hell, a recission, etc they're one way to profit.

[BavarianBeast]

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What is bonus season?

Throw me a frickin bonus here

[zechs]

LNG treated me well with the 30% odd gains over the past couple weeks so I got out. New focus is RUM as I think demand will continue to grow for a youtube alternative, and their backend services are top notch. Still need to work on the app, but they take direct feedback from their top content creators so I expect it to improve.

Does everyone do energy stocks (seem oil focused) in here simply because of your exposure to the industry?

[mr2mike]

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This gift kept on giving

Yeah, fucking politics and world sentiment. Nuttall needs to get more coverage on it.

[ExtraSlow]

Your short term investment may become a long term investment.

[BavarianBeast]

A couple years isn’t that long to hold anything

[zechs]

Elon Musk just reconfirmed his bid to buy Twitter at the original $54.20 price

https://www.bloomberg.com/news/artic...0-a-share-twtr

Not bad purchasing at $40

[killramos]

Is this the same as saying “you can’t fire me, I quit”

[mr2mike]

SPXS seems like a day to buy it if you wanted.

[dimi]

I would be very wary of leveraged ETFs with this much volatility. That thing swings the wrong way for a few days and you're royally fucked.

I do agree with the sentiment though.

[bjstare]

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I would be very wary of leveraged ETFs with this much volatility. That thing swings the wrong way for a few days and you're royally fucked.

I do agree with the sentiment though.

The main purpose for leveraged ETFs is for trading during high periods of volatility. They're not for hodling.

[Misterman]

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SPXS seems like a day to buy it if you wanted.

Yup, just keep acquiring more every time the market has these little bounces. There isn't going to be any new highs getting broken on the S&P500 any time soon. I'm just waiting for the likely inevitable drop, and then cashing out my 50-75% return.

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The main purpose for leveraged ETFs is for trading during high periods of volatility. They're not for hodling.

Seems to be a common perspective on them. Yet if you look at the all time chart on any of these leveraged bull etf's, they have some pretty strong returns over the long haul. I definitely wouldn't sit in a bear etf for any prolonged period of time though.

[ExtraSlow]

I'm not an expert on this, but no.

[Disoblige]

Leveraged ETFs ... "if you look at the all time chart on ANY leveraged bull ETF"... strong returns.. over long haul...



LMAO.

I want what this guy is smoking.

[bjstare]

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Seems to be a common perspective on them. Yet if you look at the all time chart on any of these leveraged bull etf's, they have some pretty strong returns over the long haul. I definitely wouldn't sit in a bear etf for any prolonged period of time though.

Of course it's a common perspective; it's objectively correct.