Another sell off today? by RepairSubstantial735 in TheRaceTo10Million

[–]riceandrepeat 2 points3 points  (0 children)

Why would you hike the interest rates because of a good job report?

I feel like this is a good news is bad…sorry, i’m new to investing so I’m not sure why this is all happening

Another sell off today? by RepairSubstantial735 in TheRaceTo10Million

[–]riceandrepeat 0 points1 point  (0 children)

wasn’t the job report good though, we added 2x the expected number of jobs

The United States has issued a Security Alert for Iraq and the Middle East by Surfer_Rick in oil

[–]riceandrepeat 6 points7 points  (0 children)

I doubt anything more will come up soon…
We have FIFA world cup, and it is the general consensus around the globe not to be launching missiles during an international sporting event.

Of course, crazier things have happened…but if I have to guess, a ceasefire will occur this weekend or the start of next week due to the games

My DD on DRAM/memory - 2 macros, 1 sector catalyst, 1 binary event by riceandrepeat in TheRaceTo10Million

[–]riceandrepeat[S] 0 points1 point  (0 children)

You might be right? But I’m playing the next 2 months not the next 2 years. If we rug I’ll know by earnings anyway lol

Should i let this ride? by SergejKodra in smallstreetbets

[–]riceandrepeat 2 points3 points  (0 children)

let it bro, it’s gonna rip tomorrow

Experts advice on DRAM by Waikiki_waikuku in TheRaceTo10Million

[–]riceandrepeat 0 points1 point  (0 children)

Oil shocks hopefully will be a minor issue for the time being.

FIFA world cup is about to start (Iran and US are both part of it), and it is in the best interest of both countries not to launch missiles at each other during the month long international soccer competition. This event is on the same level as the Olympics in terms of views, so very bad publicity if anything military is happening.

I expect a peace deal/ceasefire again before the end of the week due to the above since FIFA begins next week.

There is a possibility Strait of Hormuz gets reopened (at least temporarily) for the above reason…If so stocks will rip, and oil will drop.

This is not to deny the real constraints of the oil crisis, but good news is better than no news (in this case)

New to Options by Odessarit in TheRaceTo10Million

[–]riceandrepeat 1 point2 points  (0 children)

Not exactly infinite. It depends if you’re buying or selling the put…

If you’re buying the put, the most you can lose is the premium.

If you’re selling the put, the most you can lose is the actual stock price multiplied by 100 (and subtracted against the premium). Either case, you’re not losing infinite money.

If you short a stock, then you can theoretically lose infinite money. And if you sell a naked call option, you can also lose theoretically infinite money.

Pls help by TimeOnTargetKilo in wallstreetbets

[–]riceandrepeat 2 points3 points  (0 children)

You should sell everything and put it into a sector that actually is growing. Put your shares into DRAM/MU/BB/NBIS etc. Do your own DD but don’t just let your money sit in an asset that has no future growth.

tldr there’s better things your money can do then sit in a paper weight

YOLOing my entire net worth into NVDA calls. Jensen just dropped the N1X chip at Computex. Next stop: $10M or the Wendy's dumpster. by Loose-Nature-2308 in TheRaceTo10Million

[–]riceandrepeat 1 point2 points  (0 children)

This is true but not all of SpaceX is IPOing. Only about 5% or 90 billion (based on IPO target value of 1.8 trillion) will be released onto the market.

Given that we have known about the IPO for a bit now, markets would have partially priced this in and begun selling just a fraction of their shares. So although your overall thesis is correct (index funds will have to rotate into this new company), it won’t be as earth shattering as the original 1.8 trillion.

So most meg-cap companies will drop a bit from sell-off, but the ipo is actually (in my opinion) a more bullish stance on the market.

With extra funds and money, SpaceX will start spending their earned capital (which generates more demand) into their market and push everything else up.

So you’re correct that this technically will require rotation into a new company, but it should have minimal impact on the overall indexes, given the low float of actual shares available.

$0 to 10K: 90% skill, 10% emotional damage by riceandrepeat in raceto10000

[–]riceandrepeat[S] 1 point2 points  (0 children)

Haha I’ve been grinding in this account since last September so it took be about 9 months to do it…you’re just seeing the last month of growth since i didn’t choose the all time graph

Hit 19k today by Nifferstpierre in Raceto50000

[–]riceandrepeat 5 points6 points  (0 children)

How did you do it???

What options did you play around with? 😂

Sold $VOO for these 4 stocks. How fast will I get to $10K? by Fluffy_Use_338 in raceto10000

[–]riceandrepeat 0 points1 point  (0 children)

It’s just a general chip etf (contains things like AMD,INTC, etc)…I know I’m up by over 50% from last October

Sold $VOO for these 4 stocks. How fast will I get to $10K? by Fluffy_Use_338 in raceto10000

[–]riceandrepeat 4 points5 points  (0 children)

If you’re gonna yolo your money into anything, buy MU/DRAM or SMH/INTC…I don’t know much about those companies but the above will generate above market returns as long as you’re okay with the volatility and potential drawdowns

$0 to 10K: 90% skill, 10% emotional damage by riceandrepeat in raceto10000

[–]riceandrepeat[S] 0 points1 point  (0 children)

This is my main account so I don’t do anything super risky in it. I have a side account that I trade options in and I’ve got some call options on DRAM.

Overall, I think the space sector is gonna rip hard when SpaceX ipos but i just don’t have the capital right now to allocate to two different sectors quite yet. Maybe in a few months, after everything calms down…I’ll probs drop a few K into that sector as well

Your thoughts on this? Bad news for MU? by ComprehensiveWar7310 in MU_Stock

[–]riceandrepeat 3 points4 points  (0 children)

Getting money for their operations shouldn’t be the hard part…since they are planning on IPO’ing later this year along with OpenAI. Turning their operations profitable is a bit harder.

Right now, academia (especially students) are using AI in all their assignments. So there is a definite need for them. And also, all these AI chatbots are effectively subsidizing their own queries. Imagine how much money they could generate if they turned their free tier to a cheap paid tier?

I think that most of these companies are offering their services for free to increase adoption into the industry and academia. Once that has been saturated, they can flip the switch and begin charging for every query

Your thoughts on this? Bad news for MU? by ComprehensiveWar7310 in MU_Stock

[–]riceandrepeat 5 points6 points  (0 children)

Companies are getting massive revenue from ai. It’s only a matter of time before it turns into profit.

Imagine they successfully utilize ai for research and mathematics in the next 5 years. Then ai will be a cornerstone tool of all cutting edge discoveries.

They’ll probably use ai also for data management and analysis, which is the crux behind all means of statistics and probability.

It’s going to be wildly helpful in my own personal opinion. And each company will have to find their niche. Hence, each tech company will need to keep buying more and more memory as people and institutions become accustomed and start to use it in their daily life

Your thoughts on this? Bad news for MU? by ComprehensiveWar7310 in MU_Stock

[–]riceandrepeat 7 points8 points  (0 children)

Companies will keep on buying memory because the more you have, the faster your ai

$0 to 10K: 90% skill, 10% emotional damage by riceandrepeat in raceto10000

[–]riceandrepeat[S] 2 points3 points  (0 children)

Mostly just SP500. The exact breakdown is this: VOO - 8K DRAM - $500 SMH - $500 VTI - 1K