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What are you buying today?


LowIQinvestor

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I bought a couple of LEAPs on CPNG.  Added a little PM, which is down on no news for some reason. 

 

Trimmed some GOOGL on the pop this morning to keep at it the weighting that I am comfortable with. 

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1 hour ago, WFF said:

Very bullish! Is there something particular that is making you so optimistic?

The stock trades very stupidly. Sells off good on earnings and then takes time to recover in time for next earnings. For the past few months, I've been selling puts and buying calls monthly. I also have a core position here too and don't mind if I get shares put on me.

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Added to my JD, PDD and BEKE leaps.

 

Will probably add to Metaplanet in the morning, this sell off makes no sense. Shareholders want the company to mimic MSTR and when they announce they will do so by issuing shares, the stock sells off for 40%!

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2 hours ago, Paarslaars said:

Added to my JD, PDD and BEKE leaps.

 

Will probably add to Metaplanet in the morning, this sell off makes no sense. Shareholders want the company to mimic MSTR and when they announce they will do so by issuing shares, the stock sells off for 40%!

Any concerns about pdd and the potential tariffs?

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While that only impacts export to.US, we don't really know what Trump is going to do here. Let's not forget he is president because people want to see things cheaper again... Making all imports more expensive is not going to get him there.

 

In any case I do believe the chinese goverment is not just going to roll over in that case.

Edited by Paarslaars
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7 hours ago, Paarslaars said:

While that only impacts export to.US, we don't really know what Trump is going to do here. Let's not forget he is president because people want to see things cheaper again... Making all imports more expensive is not going to get him there.

 

In any case I do believe the chinese goverment is not just going to roll over in that case.

No, they are going to put tariffs on agricultural goods and a few other things.

 

The problem the Chinese have is that they export so much more than they import that anything they do to counter tariffs can’t reciprocate.

 

If you look Mr Market seems to anticipate this scenario already, because agricultural good related business have not participated in the Trump rally at all.

 

FWIW, Farmers vote for Trump, but it’s likely that his policies are not good for them at all. This is nothing new, same was the case in 2016.

Edited by Spekulatius
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