I'm reposting this since the old thread is dying. I guess since we still have 3 hours to trade here's Baggies trading ideas of the day. This is the part of the thread where Baggie gives you some free picks and we basically all make a pile of money. So today's idea is to go long on thhe nasdaq composite futures. Baggie got his buys averaged in at the 10353.1250 level. We're looking to grab a few points on this before we go to the store and pick up american made alcohol, and some meats to put in the smoker and have a good time and then light off some explosives tomorrow after dark. So go in grab a few points get out and go celebrate America.
Don't expect silly +100%/week stuff like WKHS, on the other hand do expect more stability if you want a place to park your money at what I think will be a nice growth rate.
Carter Morgan
Previous /smg/:
Carson Mitchell
No one gives a fuck
Ethan Reyes
I'm still hoping, I thought the market would react pretty strong to news that countries are slowly closing up again but they just kept on pumping
Jayden Nelson
I do, fuck you.
Parker Bailey
AHHHHHH I CANT BUY ANYTHING I WANT MORE HORSE AHHHH
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The personal savings rate among Americans surged from 7.9 per cent at the start of the year to more than 32 per cent in April, before falling to 23.2 per cent in May, according to the Bureau of Economic Analysis.
REEEE I don't want normies to save their money. They are supposed to remain broke while I get rich. Fuck normies for saving so much money.
Gavin Perry
Economy is fucked. New printed money with no home will go into markets. Especially large and mega tech caps to push them even further beyond all economic reason. Any uncertainty will be a rotation out of everything else. Main vehicle to abuse this is TQQQ and TMF (anti-correlated with TQQQ, also limits the bite of beta slippage). Profits shifted eventually into gold and gold mining. TQQQ will fail only when the market is in flames and the money is dumped into the actual economy.
at this point everyone knows about the market being held up by the fed and it's money printer and we've had hundreds of people saying "Crash is anytime guys", however it's not going to happen, the mass doesn't predict crashes. The fed has shown to not give a shit and will pump forever.
Carter Harris
>What do you feel like buying today Mr. P? >K-mart
Crash no but definitely pull backs we had a pretty big one 2 weeks ago
Jordan Hill
Brokers aren’t allowed to allow poor people to gamble their money on day trades. SEC rules.
Brayden Ramirez
I'm buying PUTS on WKHS very soon. Just need one more big pump.
I work in the logistics field so i know my shit. I'm betting Workhorse will only get 5-10% of the contract TOPS. Should send Workhorse back down to $7 terroitory.
Why only 5%? FedEx and UPS only bought a small share as a test trial. No big purchases from them since. Ford is also a metric ton bigger than WKHS.
PUTS WKHS....Like stealing money from a baby.....a baby horse....
Adrian Murphy
It's the price we pay for 0 commissions, fees, and no currency conversion hassles.
Jace Thompson
Guys, this was my first ever option. How did I do?
I’m buying CALLS on WKHS very soon. Just need one more small dip. I work in the logistics field so i know my shit. I'm betting Workhorse will only get 5-10% of the contract TOPS. Should send Workhorse up to to $30 territory. Why only 5%? FedEx and UPS only bought a small share as a test trial. No big purchases from them since. Ford is also a metric ton bigger than WKHS. Calls on WKHS....Like stealing money from a baby.....a baby bear....