Stocks today 1/25

Anonymous
Anonymous wrote:I’ve been having fun with swing trading these past few months, just a few hundred dollars but if I’m averaging up about 500 bucks a day that’s pretty sweet! What are some stocks that you’re looking at and recommending? Please share why and how long are you looking to hold


Stocks in my watch list that are doing well today: GEVO, AI, AMTX, PLL, FUBO, ALRN, CHEK, AMC
Anonymous
Anonymous wrote:Op here. Yes Robinhood and Webull. My retirement investment is obviously separate. $500 a day is more than my current salary so yeah I’m feeling pretty good about it! I understand long term investments are smarter but for now this is what I’m into.

Is GME still a good buy?


Hmm did you make $500 today?
Anonymous
It's ok, OP, I'm with you. I needed something to distract me from the election last year and WSB it was. I have a notional goal of 1k gain a day with my play money. I'm ahead of the goal so far for 2021, but obviously know it can end at any time. Obv don't play with any money you aren't prepared to lose. Most folks here are more conservative.
Anonymous
Anonymous wrote:
Anonymous wrote:Truly amazing. Got my hands on 2 1/29 $115 calls on GME. Made $11k in 1 hour. Closed them out when the stock hit $130s. Gambling? Yeah it is. Odds are much better than a casino though.


Lol. You are going to have to cite some statistics on that.


Because I can sell at any time with a stock. Gambling at a casino is a binary proposition. I lose it all or gain. I can at least cash out a stock before a lose it all. Plus, even if I lose, guess what? I still get a tax write off for losing on a stock, so in reality, I really come out with a push if I write my losses off against my taxes.
Anonymous
ESPR was up 11% today and no one knows why. Watch Invitae, it swings a lot from day to day.
Anonymous
Anonymous wrote:It's ok, OP, I'm with you. I needed something to distract me from the election last year and WSB it was. I have a notional goal of 1k gain a day with my play money. I'm ahead of the goal so far for 2021, but obviously know it can end at any time. Obv don't play with any money you aren't prepared to lose. Most folks here are more conservative.

What is WSB?
Anonymous
Anonymous wrote:
Anonymous wrote:Op here. Yes Robinhood and Webull. My retirement investment is obviously separate. $500 a day is more than my current salary so yeah I’m feeling pretty good about it! I understand long term investments are smarter but for now this is what I’m into.

Is GME still a good buy?


Hmm did you make $500 today?


Not op but I gained about 11k today.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Truly amazing. Got my hands on 2 1/29 $115 calls on GME. Made $11k in 1 hour. Closed them out when the stock hit $130s. Gambling? Yeah it is. Odds are much better than a casino though.


Lol. You are going to have to cite some statistics on that.


Because I can sell at any time with a stock. Gambling at a casino is a binary proposition. I lose it all or gain. I can at least cash out a stock before a lose it all. Plus, even if I lose, guess what? I still get a tax write off for losing on a stock, so in reality, I really come out with a push if I write my losses off against my taxes.


So no statistics then? You are more than welcome to invest in this way, but don't pretend that you have the data to prove it is any different than gambling. You sound like an addict, btw.

P.S. You can only deduct $3000 of capital losses each year on your taxes.

Anonymous
Anonymous wrote:It's ok, OP, I'm with you. I needed something to distract me from the election last year and WSB it was. I have a notional goal of 1k gain a day with my play money. I'm ahead of the goal so far for 2021, but obviously know it can end at any time. Obv don't play with any money you aren't prepared to lose. Most folks here are more conservative.


1K gain a day with options?
Otherwise it's hard to get without at least $25K per daytrade.
Anonymous
Anonymous wrote:
Anonymous wrote:It's ok, OP, I'm with you. I needed something to distract me from the election last year and WSB it was. I have a notional goal of 1k gain a day with my play money. I'm ahead of the goal so far for 2021, but obviously know it can end at any time. Obv don't play with any money you aren't prepared to lose. Most folks here are more conservative.


1K gain a day with options?
Otherwise it's hard to get without at least $25K per daytrade.


Not recently. Lots of opportunities for larger than 4% daily gains.
Anonymous
Anonymous wrote:
Anonymous wrote:It's ok, OP, I'm with you. I needed something to distract me from the election last year and WSB it was. I have a notional goal of 1k gain a day with my play money. I'm ahead of the goal so far for 2021, but obviously know it can end at any time. Obv don't play with any money you aren't prepared to lose. Most folks here are more conservative.


1K gain a day with options?
Otherwise it's hard to get without at least $25K per daytrade.


Buy options occasionally but have lots of things going. Not saying I always realize the gain - sometimes I do - but looking at the year to date gains to average 1k a day. Agree with pp that there are a lot of runners at the moment.
Anonymous
Anonymous wrote:
Anonymous wrote:It's ok, OP, I'm with you. I needed something to distract me from the election last year and WSB it was. I have a notional goal of 1k gain a day with my play money. I'm ahead of the goal so far for 2021, but obviously know it can end at any time. Obv don't play with any money you aren't prepared to lose. Most folks here are more conservative.

What is WSB?


Wallstreetbets on reddit
Anonymous
Anonymous wrote:
Anonymous wrote:Go here if you want to babysit your investments all day, every day: https://www.reddit.com/r/wallstreetbets/

The rest of us set it and forget it.


What is going on with WSB on reddit? They keep making the front page. Someone paid off their student loans?


Wsb is moving the market. It's insanity.
Anonymous
Big article about it on the original WSB (Wall Street Breakfast) on Seeking Alpha website today.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:It's ok, OP, I'm with you. I needed something to distract me from the election last year and WSB it was. I have a notional goal of 1k gain a day with my play money. I'm ahead of the goal so far for 2021, but obviously know it can end at any time. Obv don't play with any money you aren't prepared to lose. Most folks here are more conservative.


1K gain a day with options?
Otherwise it's hard to get without at least $25K per daytrade.


Not recently. Lots of opportunities for larger than 4% daily gains.


But not today, right?
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