Any day now... It's going down like 1920s
When my family asks how my stocks are doing:
Buying Credit Default Swaps on the Avocado Market from Deutsche Bank - I already shorted the Avocado Market heavily since 2021. Especially $CVGW. It's a sh\*t stock and i love seeing it go to the ground. But with the recent developments in the Avocado Market it looks even worse than ... See More i initially expected. This sh\*t fruit (yes it's a fruit not a vegetable) will go to 0. Literally 0. They are already burning Avocados in Mexico and Colombia. The Avocado PPI is already at the bottom, but the companies haven't defaulted yet. Banks will sell you Credit Default Swaps without even asking. The only question they ask is if you want to buy more. They are stupid. They all love their avocado toasts so much that they ignore the bubble. $CVGW will default. They most likely have forward contracts with farmers. What they don't realize is that Avocados grow like mice in size. They don't understand that all the South American cartels are using the Avocado Market to launder money. There are already far more Avocados than needed and thus the price for Avocados shrink massively. The forward contracts will ruin them, even without the forward contracts the stock is ruined. **Yearly revenue down 26.17%!!!** I called this in 2021. The avocados are done. Same with literally all the other Avocado focused companies. It's a downward spiral. Nobody sees it because everybody is blinded with their Avocado Toasts. But they will soon not exist anymore.
Only 7 Stocks Are Powering the S&P 500 (The Myth of the Diversified Portfolio):
Held on to TSLA & SPY puts for far too long. - Had a dividend portfolio worth 6k at the time before I decided to sell it all and bought TSLA and SPY puts and deposited extra funds. At its peak it was worth 20k and I really thought it ... See More was going to go higher but it went down instead. I thought that the rally wouldn't last but I was wrong. I don't know why I didn't sell when it was at 20k. Could've re-bought my positions plus more.
TSLA gain going for 10x this can’t go wrong
276% profit on BUD puts, now up 220% on INTC calls - Bought $17 K in puts a few days after the boycott began, cashed out for $64 K a couple of weeks ago. I didn’t post this when it was happening because I didn’t wanna jinx it. $95k was ... See More the highest day. Everyone told me to cash out on this day, but I thought I would keep earning. I was wrong. But I still made 47K profit, so not a bad month. Wish I would’ve also bought Target puts. Since cashing out of bud, I’m at $32 K on a $10 k Intel call option. And up $4k on an EVGO call. A TD Ameritrade rep told me that for one of my $BUD calls, I was the only person who bought that call. And for another call, I owned more than half of the contracts at that strike price. I found it surprising that after seeing the gravity of the boycott, with shelves full of bud light, more people hadn’t predicted the seemingly imminent dip. The stock is literally named after the beer.During the frenzy on regional banks, I didn’t want to miss out, so I made a snap bet that the banks would recover. I was wrong, and it cost me. Now I try to avoid making snap decisions. It seems pretty easy to make money on options if you are patient and wait for the right opportunity.
When in doubt, inverse Cramer it out
Is this supposed to be reassuring? Jack Ma can disappear just as easily as your BABA shareholder rights
This happens every couple months, I’ll be fine.
One of us regards
Guess who had the last laugh
Trading in a nutshell
Bears never learn
"Is the soft landing in the room with us right now, Jerome?"