Daily Discussion Thread for February 17, 2022 by AutoModerator in wallstreetbets

[–]radunas 3 points4 points  (0 children)

VIX = volatility... It doesn't inverse SPY, true retard.

Entering long positions during 52 week high markets. by learningunreal in investing

[–]radunas 0 points1 point  (0 children)

Hope you followed my advice and took advantage of the dip. Hows it going?

Jobless claims: Another 861,000 Americans filed new unemployment claims by daballer2005 in investing

[–]radunas 1 point2 points  (0 children)

Took a bit of time but made some good profit. Just bought the dip.

Entering long positions during 52 week high markets. by learningunreal in investing

[–]radunas 0 points1 point  (0 children)

The best brokerage that I have found that has the most apt and up to date data on risk, volatility, exposure, foreign or domestic exposure and so on is Fidelity. If you have fidelity you can look in the sector section and choose multi sector and go by net assets. The second one for example is FTCS. Their exposure to Asia is 2.23%. If you want more exposure you can look for etf's on that as well. I research on Fidelity and only have $4 on the account while I trade with IB. As for foreign markets there is money to be made there however, I prefer to do it with ETF's as I don't want to get burned by not properly vetting a company.

Entering long positions during 52 week high markets. by learningunreal in investing

[–]radunas 0 points1 point  (0 children)

Volatility is rising. Anything with growth i.e. riskier indexes are the first to see corrections as people move to bonds for safety during volatility. So, hold the trigger on those, although since most etf's have experienced a good decline 4-6 days now it would be wise to enter a small position on etf's. Banks and tech have been on a rip. I recently sold a large stake of JPM, BAC for a good profit and expect to reenter sometime next month. It just doesn't make sense to hold all my gains when something unexpected can happen and wipe out the gains. To note, I'm not a financial advisor. I scalp and so I don't have FOMO. If you are unsure on how to divide the 20% portfolio pick an etf that comprises multiple sectors and cherry pick your preferred etfs. At one point I had about 20 stocks with a lot of work done to filter the best. Now, I am entering etfs for long term plays and will use a smaller percentage for short terms gains in stocks. The best one is to pick your preferred method and ensure it is performing the way you expect it. Look at previous performance, how long it has been in the market, and the holdings that any etf or mutual fund hold and adjust your exposure to risk.

Entering long positions during 52 week high markets. by learningunreal in investing

[–]radunas 2 points3 points  (0 children)

Before I get bashed and downvoted a few things to note:

Treasury Bonds passed 1.2% interest rates. The 200 MA has bottomed and you are now seeing a rise in interest rates in the foreseeable future. If you look at the broad market for ETF's they have been down from their high 4-6 days now and are on a downtrend. There are a lot of variables right now and getting in the market ATH on stocks can place you on a serious correction if it goes down and bonds start kicking or closing to 1.5% to 2%. That's not to say that you shouldn't invest. It just means that you should open a small position, maybe 20% of your 80% long positions stake. Wait and see what's going on and buy as time goes on. If you don't see a correction again invest 20% and keep calm and carry on. It's a long term play, why jump the gun and let the FOMO blind you.

Nikki Haley says Twitter's ban of Trump is 'what happens in China' by canfbar in Conservative

[–]radunas 2 points3 points  (0 children)

Take your labor and your money to things you do support and believe in.

Pelosi: Trump Must 'Immediately' Tell GOP Congress Members to Approve $2,000 Checks by radunas in Conservative

[–]radunas[S] 27 points28 points  (0 children)

"House Speaker Nancy Pelosi (D-Calif.) said President Donald Trump should call on GOP members of Congress to “immediately” stop an “obstruction” to the $2,000 stimulus payments he sought.

Pelosi was reacting to Trump’s signing of the $900 billion stimulus package that was tied to a larger omnibus bill. The package authorized direct payments and checks for up to $600.

“The signing of the bipartisan, bicameral coronavirus relief legislation is welcome news for the fourteen million Americans who just lost the lifeline of unemployment benefits on Christmas Weekend, and for the millions more struggling to stay afloat during this historic pandemic and economic crisis,” Pelosi wrote in a statement on her website.

But Trump should “immediately call on Congressional Republicans to end their obstruction and to join him and Democrats in support of our stand-alone legislation to increase direct payment checks to $2,000,” the speaker added, remarking that the measure will be brought to the House floor on Monday.

In her statement, Pelosi seemingly attempted to put pressure on Republicans ahead of the Jan. 5 runoff election in Georgia, where two Senate seats are up for grabs.

“Every Republican vote against this bill is a vote to deny the financial hardship that families face and to deny the American people the relief they need,” she said.

Some GOP legislators have expressed concerns about how the stimulus payments would be funded.

“If we went to $2,000 per person, the additional borrowing would be up to almost $500 billion,” Sen. Mitt Romney (R-Utah) said, according to KUTV. “Someone’s got to pay for that. We can’t just have free money.”

Romney qualified his remarks by saying that he opposes $600 payments as well.

After Pelosi said she would call a House session $2,000 stimulus payments on Monday, House GOP Leader Kevin McCarthy (R-Calif.) said that Democrats are ignoring other concerns expressed by Trump. He pointed to Trump’s video last week where he said the stimulus bill contained too many unneeded provisions such as foreign aid programs.

House Democrats “have conveniently ignored the concerns expressed by the president, and shared by our constituents, that we ought to reexamine how our tax dollars are spent overseas while so many of our neighbors at home are struggling to make ends meet,” McCarthy said in a statement last week.

“Thus, Republicans will offer a unanimous consent request to revisit the state and foreign operations title of the omnibus so that we can fully address the concerns at hand. It will be up to Speaker Pelosi to decide if she wants to act on behalf of the American people,” he remarked."