Talking Stocks 2.0

[7sins]

Thought this was a good read on corporate taxes and what it means for the equity market, worth reading: https://finance.yahoo.com/news/corpo...095741542.html

Rough start to the week. Travel oversold today. Looking to add to my SABR position (leaps down 30% on zero news), I think this is a steal under $14 and COTY as it gets near $8 again, easy to ride this up and down then trim profits along the way. Also looking to initiate position in NKE (should not be down 4% on china boycotts, this is an over-reaction), BA and AFRM, just waiting for the dust to settle and see support in pricing. Some good opportunities arising this week to put cash to work, IPOE is another one to keep your eyes on, been down substantially as the merger with SoFi is delayed but in the long term this is a great entry point for a highly disruptive company with plenty of future upside - @ $15 that is a ~$13B valuation which is grossly undervalued. Nice hidden gem, for what I believe, will be the bank of the future.

Originally Posted by peacocknation

Anyone else here hoping oil and the oil majors rips in the next month or two?

Fingers crossed, I would suspect over summer. Keep adding to my RDS and BP LEAPS, both still well under pre-covid levels. ERX and GUSH also down significantly this week for leveraged etfs.