3 of my 4 (AAPL, MSFT, NVDA, LOW) trades were profitable.
I sold a put on Lowe’s at $180. Should I ‘Buy to Close’ the option and take a small loss OR get the stock assigned & sell July 15th monthly call for $180?
Hypothetically, if we were to not get fuel prices under control and if the Fed did 3 more 75 basis points what would your opinion be on how to best play this?
That’s a tough one bc really idgaf about the macro picture I’m week to week, focus on charts and that’s it. Up or down I really don’t care I will play either side, now is not the time to play the short side imo that’s played out mostly
If I was upper management at AMZN I might have more concern over looming labor issues than CAPEX and/or gas prices. Both CAPEX and gas prices are going to subside someday but labor issues such as lack of employees, union problems, high minimum wages etc. are going to be here to stay. But would like to get your take on this. Maybe I am being looking for too many bogeymen.
Labor issues will always be there too, amazon has a high turnover because its a tough job was over 150% at one point, its much easier to go do something less demanding for the same pay. Robotics will play a big part in the future but for today it is an issue. I still think at some point amazon will have to spin off AWS and at that point I would never touch the rest for the same reason i don't touch walmart,target,etc. Gas prices should be plunging soon, have you seen whats going on with WTI? Next week it will be a massive cost saving to amazon. So my answer is, for now, its talk, just like global warming talk has been going on forever and miami is still not underwater. Amazon will never run out of people looking for $20/hr jobs, is it hard today when everyone is paying like that? Sure, let's see what happens in the next slowdown.
Impressed with how fast you respond to questions. Anyway thanks for the feedback. Gives me some comfort. While I have quite a bid of AMZN stock none of it is underwater. I think AMZN is the greatest company in the world but can't wait for everyone else to see that also. Seems like the only people in the investment world who like AMZN are the analysts.
Thank you so much for the post on Monday!
3 of my 4 (AAPL, MSFT, NVDA, LOW) trades were profitable.
I sold a put on Lowe’s at $180. Should I ‘Buy to Close’ the option and take a small loss OR get the stock assigned & sell July 15th monthly call for $180?
I don’t follow low, does it not have weeklies? If so sell next weeks $180 at the close if you decide to take the shares.
Hypothetically, if we were to not get fuel prices under control and if the Fed did 3 more 75 basis points what would your opinion be on how to best play this?
That’s a tough one bc really idgaf about the macro picture I’m week to week, focus on charts and that’s it. Up or down I really don’t care I will play either side, now is not the time to play the short side imo that’s played out mostly
Understood thanks 🙏
Would love to get your take on this article on AMZN labor issues that just came out a little while ago:
https://www.vox.com/recode/23170900/leaked-amazon-memo-warehouses-hiring-shortage
If I was upper management at AMZN I might have more concern over looming labor issues than CAPEX and/or gas prices. Both CAPEX and gas prices are going to subside someday but labor issues such as lack of employees, union problems, high minimum wages etc. are going to be here to stay. But would like to get your take on this. Maybe I am being looking for too many bogeymen.
Thanks,
John Learned
Labor issues will always be there too, amazon has a high turnover because its a tough job was over 150% at one point, its much easier to go do something less demanding for the same pay. Robotics will play a big part in the future but for today it is an issue. I still think at some point amazon will have to spin off AWS and at that point I would never touch the rest for the same reason i don't touch walmart,target,etc. Gas prices should be plunging soon, have you seen whats going on with WTI? Next week it will be a massive cost saving to amazon. So my answer is, for now, its talk, just like global warming talk has been going on forever and miami is still not underwater. Amazon will never run out of people looking for $20/hr jobs, is it hard today when everyone is paying like that? Sure, let's see what happens in the next slowdown.
Impressed with how fast you respond to questions. Anyway thanks for the feedback. Gives me some comfort. While I have quite a bid of AMZN stock none of it is underwater. I think AMZN is the greatest company in the world but can't wait for everyone else to see that also. Seems like the only people in the investment world who like AMZN are the analysts.
It’s gonna be a long road till retail shows it can handle things again. Oil plunging this week is great, let’s hope it sustains
John, you made excellent points! Those are the reasons why I’m staying away from Amazon.
Actually James made these points. But thanks for the compliment anyway.
I will take it.