Thoughts on the upcoming market crash everyone is predicting anyone?
hold and buy more tesla, nvidia, tech, and sleep aid companies. also dating apps. s*** that only gets better with covid still running around. when that cure hits and people have social lives again then think about flipping.
Thoughts on the upcoming market crash everyone is predicting anyone?
USA still has the most amount of covid-19 cases in the world.
i'm sure you can predict what will happen to cause the stock market to crash again
I got 2K that I can play with but most companies I looked at are like $400+ a share gotta keep looking I want a lot of shares
Makes no sense tbh. I know the whole point of the "market" is to predict down the road, but tesla's revenue is a fraction of a Toyota's. Got mfs talm bout an "ev bubble"
EVs are the future. And the future is here.
Also Tesla is not only a car-maker. They are a lighting years ahead in terms of software, tech development , material innovation, energy, battery, storage, solar etc
Elon Musk hints at new Tesla factory in Asia — but not in China
electrek.co/2020/07/06/elon-musk-hints-tesla-factory-asia
Tesla ramps pace of construction at German factory site: July update
teslarati.com/tesla-giga-berlin-july-update-flooring
Tesla could soon open another factory in the United States
edition.cnn.com/2020/06/16/tech/tesla-new-factories/index.html
Tesla can afford to quickly ramp up and build a lot more factories all over the world. Long term Tesla will do fine. Short term it will dip imo
EVs are the future. And the future is here.
Also Tesla is not only a car-maker. They are a lighting years ahead in terms of software, tech development , material innovation, energy, battery, storage, solar etc
Elon Musk hints at new Tesla factory in Asia — but not in China
https://electrek.co/2020/07/06/elon-musk-hints-tesla-factory-asia/
Tesla ramps pace of construction at German factory site: July update
https://www.teslarati.com/tesla-giga-berlin-july-update-flooring/
Tesla could soon open another factory in the United States
https://edition.cnn.com/2020/06/16/tech/tesla-new-factories/index.html
Tesla can afford to quickly ramp up and build a lot more factories all over the world. Long term Tesla will do fine. Short term it will dip imo
I'm hoping for a dip to buy fwiw sunrun is buying vivint solar to challenge tesla's residential solar
I got 2K that I can play with but most companies I looked at are like $400+ a share gotta keep looking I want a lot of shares
index funds and etfs if you're in it long term also robinhood let's you buy fractional shares after a waiting period
I got 2K that I can play with but most companies I looked at are like $400+ a share gotta keep looking I want a lot of shares
You wanna see it grow but fairly slow but safely? Or you wanna go risky but get a few bands possibly?
You wanna see it grow but fairly slow but safely? Or you wanna go risky but get a few bands possibly?
Prob first option right for now till I get more experience
Prob first option right for now till I get more experience
i'd tell you buy 500$ worth of SPLG. It mirrors the S&p 500. And then maybe another 1000 on QQQ. QQQ mainly follows tech which is leading the rally rn. Id advise keeping the 500 and watching SPLG and if it drops back to 31-33 buy another 500 more. If you wanna let the whole 2k ride, 500 on AIQ. AIQ tracks companies that are interested in AI & Big data.
You wanna see it grow but fairly slow but safely? Or you wanna go risky but get a few bands possibly?
what would you suggest to go risky?
just transferred 3k to Robinhood
If you wanna do options which I don’t recommend you could do something like this.
Avoid Tesla and amazon options. I haven’t looked but the implied volatility it probably 200%. Meaning your paying 200% more then what it’s worth.
I’d tell you to buy 3 jul/24 120 TQQQ calls. Gonna run you about 900. Idk how risky you wanna play it so I’d tell you to hold those 3 for a few days and see how they play out.
Me personally I usually buy the stock and bet options against it. My bigger positions. So you could buy 10 TQQQ gonna run you around 1100-1200. And then buy some puts to hedge in 2 week intervals. So buy the TQQQ jul/24 100puts. 2 of those will run you about 1100.
So if you execute those that would limit your risk a little bit. If you wanna talk more lmk
If you wanna do options which I don’t recommend you could do something like this.
Avoid Tesla and amazon options. I haven’t looked but the implied volatility it probably 200%. Meaning your paying 200% more then what it’s worth.
I’d tell you to buy 3 jul/24 120 TQQQ calls. Gonna run you about 900. Idk how risky you wanna play it so I’d tell you to hold those 3 for a few days and see how they play out.
Me personally I usually buy the stock and bet options against it. My bigger positions. So you could buy 10 TQQQ gonna run you around 1100-1200. And then buy some puts to hedge in 2 week intervals. So buy the TQQQ jul/24 100puts. 2 of those will run you about 1100.
So if you execute those that would limit your risk a little bit. If you wanna talk more lmk
appreciate this fam
definitely about to spend a good portion of the night researching this
I’m gonna frequent this thread a lot more often now. @TopDawgKenny made me a quick $200 today from with his Nio posts
if I have any questions I’ll be sure to hit you up
appreciate this fam
definitely about to spend a good portion of the night researching this
I’m gonna frequent this thread a lot more often now. @TopDawgKenny made me a quick $200 today from with his Nio posts
if I have any questions I’ll be sure to hit you up
Stocks not options fam. Options look cool and make money fast but it’s complicated and they can change day to day by massive amounts.