Official Short-term Investments Thread

[Disoblige]

There is an earning report tomorrow apparently?
LABD could spike up a bit if results are bad I guess?

[Vanish3d]

^ it's just roulette at this point. Put your money on red or black..

I just picked up some LABD at 21.05. Come ooonnnn red

[bspot]

Switched to LABU after it broke $46

[bspot]

Alright, that's enough LABU. Hoping this is a double top on the daily.

LABD at close for the morning action. One day this will work... one day.

PE ratios are stupid in Biotech right now, so I don't even know if earnings matter.

[Marsh]

Originally posted by Marsh
bought some DWTI @129. planning to hold for 2 weeks max.

Ahh hit my stops today at 123. Came out relatively unscathed 4.5% loss. could have been worse

[Vanish3d]

I think from now on I'm going to decide on a direction and do the exact opposite - guaranteed to work this way....

[bball2]

Nice movement on both crude oil and gold this morning.

[Disoblige]

Yeah, should have went in on UWTI.
XBI really doesn't want to go under $64!

[bspot]

I'm really hoping for some massive "Sell the news" with XBI tomorrow.

If I was smart, this is exactly when I would have held my LABU until.

[riander5]

Whats the matter? Labu is down today and post market

[bspot]

Originally posted by riander5
Whats the matter? Labu is down today and post market

I sold at $34.90.

That's what's the matter.

Bought at $22. Could have been epic.

Looking through the LABD lens, the LABU exit is so much clearer.

Still learning with every trade.

I'm holding LABD now, I just need to figure out a price target. There will be some support for XBI around $62.50. If it falls through there I may just rely on fib retrace targets.

[bjstare]

Originally posted by bspot


I sold at $34.90.

That's what's the matter.

Bought at $22. Could have been epic.

Yeah 50% gain, you must be pissed.

I also hate leaving profits on the table, but just try to look at the bright side. It's not like you lost on the trade, you still did really well haha.

[bball2]

My first two trades of this year; put a big chunk of my portfolio in BRZU and BTE right at the very bottom:

BRZU - bought at ~$20, sold after 10% gain

BTE - bought at $1.85, sold after 30% gain

BRZU is now at $144 and BTE is now at $6 (did go as high as $8.50 in early June). Man probably 200+ trades since then and if I had done nothing since those two purchases I would be laughing.

[bspot]

^That's my biggest problem. I trade too much.

There's been times where my portfolio value has gone way up and I've thought "I should just sell everything here and sit on cash until next year"

I'd be ahead of where I am now

I hate how much I like having trades in so I can watch how the do. It's like watching sports at work

[bball2]

Damn, gold just fell off a cliff

[bjstare]

Originally posted by bball2
Damn, gold just fell off a cliff

I knowww I'm holding YRI and ABX

[el_fefes]

Probably from good job data in the US? Buying opportunity? Miss SilverRex haha

[bball2]

Originally posted by cjblair


I knowww I'm holding YRI and ABX

Holding NUGT / JNUG and lots of Barrick call options

[ercchry]

I've been pretty upset with such a sideways week on gold, but with the drop this morning I'm kinda happy to have a buy order finally go through on something... I'm halfway into my position now... Hopefully we have a good week next week

[bjstare]

Originally posted by bball2


Holding NUGT / JNUG and lots of Barrick call options

Haha, well I could be worse off then, is that what you're trying to tell me?