2021 Stock Market
- Thread starter SoapyCy
- Start date
If anybody is into shorting stocks you might want to jump on shorting Delta Airlines a couple points. Their codeshare partner AeroMexico is dropping to Level2 which means Delta will lose them as a partner. The news accidentally leaked but hasn't been picked up broadly yet.
I’m not very familiar with airlines. Could you explain in a little more details what this means? What does this deal mean operationally to delta?
I'm not sure I'd short airlines with these strong TSA numbers coming in.. Yesterday, we cam within about 200K or 90% of the 2019 travel numbers on the same day in 2019
Basically AeroMexico will not be able to fly into the U.S., nor will Delta be able to use Aero's routes for their customers. Where Delta could fly customers from Atlanta (or wherever) into Mexico City and then put them on an AeroMexico flight to continue on to Cancun or South America or wherever, they can no longer do that. This essentially kills all of Delta's Latin America business.
I bought American at 10$ and I'm holding it until at least 30$. I have 125% return on it right now.
I'm not sure I'd short airlines with these strong TSA numbers coming in.. Yesterday, we cam within about 200K or 90% of the 2019 travel numbers on the same day in 2019
Current Fed money policy equals endless rally. No other way to look at it
What is everyone thinking about growth stocks right now? TDOC and Etsy are looking like decent buys coming 35-40% off all-time highs.
The ones I have have been beat up lately. My growth sector stocks only up .24% for the last 3 months. ABNB leading the way down 25.35% for the same period. ODFL is my best performer overall last 3 months +22%.
I've been adding to DKNG, PLTR, SNOW, and XLNX (for AMD post-merger) plus a few SPAC plays (IPOE and THCB). I let ETSY go after its huge rally last summer and haven't looked back.
No, you can't live on the moon. GME went there, circled the moon then came back to Earth. Now it's AMC's turn. It's probably too late to get on this rocket, it's already on it's way.
I bought in at $14 in February and sold in March for $10. I wish I would’ve held. #PaperHands
"If something cannot go on forever, it will stop."
~Herbert Stein
"In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could."
~Rudi Dornbusch
"But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions?"
~Alan Greenspan
Boy am I glad I kept buying all the way down to under $10 on AMC after jumping in at $13 during the meme stonk days.
edit: also saw yesterday that AMC cost the hedge funds 618 million. The squeeze cycle begins as they start buying more shares to cover themselves. It’s a beautiful thing.
In 6 months the stock market was back to all-time highs despite a global pandemic.. I'm a long term investor and don't see a 3, 5 or 10 year period of low to no gains for my holdings with modern monetary theory running the show..
Some day we are going to crash hard from the endless debt obligations.. But that crash isn't in the near/mid term
