patrick.net

Logan Mohtashami says

Volatility Index has dropped 39% thus far this week. 4-day biggest drop in history

So how do we capitalize on a lack of volatility :-)

BayArea says

So how do we capitalize on a lack of volatility :-)

Ticker symbol above with the chart

ACWV

The investment seeks to track the investment results of the MSCI ACWI Minimum Volatility (USD) Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The index measures the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility.

VIX inself.. when she is a teenager or younger.. that's when you want to get in but when she is a becoming a 30 something ... that's when she has no more legs...

TWTR and GPRO are moving ... only plays I have left, everything else I have talked about have had big moves already... UNXL still a spec play under 1.50 secondary pricing but that had a massive move early on

Stop loss DB .. 13.08.. about the only thing I can think up to play Bretexit...

"Sell Everything" - RBS (Jan 11)
Returns since...
Oil: +47%
EM: +18%
S&P 500: +11%
US High Yield: +10%
$RBS: -43%

You're ignoring that there was a mini crash between Jan 11th and now... fair points in general however Logan 👍

BayArea says

You're ignoring that there was a mini crash between Jan 11th and now...

No crash... No Oil $16.. the only thing that Crashed was RBS it's down 43%

A lot of the doom thesis for 2016 was based on a dollar parabolic push higher... that makes sense in theory but the Dollar never tends to do that after the first rate hike, biggest moves % wise happens before the first rate hike

Logan Mohtashami says

TWTR and GPRO are moving

BayArea says

So how do we capitalize on a lack of volatility :-)

Play the Forex. Plenty volatile there. I just made some good money on the £.
Problem is you need BIG money to make it worthwhile.
And as the guy from Mitch and Murray said, "You need brass balls..."

Strategist says

Strategist says

House Sold for $1,775,000 took contingencies off today

Sold 50% TWTR trade... now let the rest ride for as long as it can.. buy back at $14

Logan Mohtashami says

buy back at $14

Let's see how long it takes to get there... Hasn't dipped below 15.77 in the past month.

BayArea says

Hasn't dipped below 15.77 in the past month.

Its not going to either, after that ugly report and the price action...

This is a tough stock for the bears because some would say to short it $14 but this company can be taken out at any second, so it's not worth the short here either

ATEN has acted well but Different at $8 than at $5

GPRO is up

Not much out there unless someone wants to take a shot a Grains right now

Ya pretty much...

I pulled out my entire 401K into a money market temporarily... With my personal brokerage I'm sittin on precious metals, bonds, and oil at the moment.

BayArea says

Ya pretty much..

This is just the trading account

Always fully invested in the retirement $$$

Always investing MASI each month

Came out just now with SOLID earnings into a all time high as well

Trading account of course is much different

By the way, had a question for you in another thread... /?p=1292086&c=1293848#comment-1293848

BayArea says

By the way, had a question for you in another thread

Yes Conventional loans above 417K can do 10% down loans to $625,500, in fact my most popular loan this year is a loans between $417K-$625,000 non 20% down with no PMI attached

Logan, what do I need to show to get a 10% down loan at $625K with no PMI and the current conventional 30yr interest rate?

Do you know of anything under 20% DP for over $625K loan in existance?

BayArea says

Do you know of anything under 20% DP for over $625K loan in existance?

Yes there are 80% first 10% 2nd loans and the rest can be a 2nd lien heloc up to 1,100,000 million now if you're talking about over $625,500 that was my most popular loan in 2014 when that loan came out

Logan Mohtashami says

Yes there are 80% first 10% 2nd loans and the rest can be a 2nd lien heloc up to 1,100,000 million now if you're talking about over $625,500 that was my most popular loan in 2014 when that loan came out

And what sort of PMIs would we be talking with that and where can I find more info?

BayArea says

And what sort of PMIs would we be talking with that and where can I find more info?

No PMI you're taking on a 2nd loan Heloc starting rate was 5.99% it's probably higher than that now with the Fed raised a .25%

Its what I a call a Rich man's loan because you really need to make money to be able to afford this.

Only primary resident loans only

MASI 58.50 print ... sold little here ... new all time high.. chart is pretty.. so pretty

Nice pop... 52wk high...

I'm just sitting back and collecting dividends, like I mostly just do.

zzyzzx says

I'm just sitting back and collecting dividends, like I mostly just do.

on what?

Logan, does your family's Co directly offer loans, or do you work with a separate loan company?

If you guys are offering loans, and can do 10% down up to $625K at current conforming 30yr fixed rates with no PMI, I'd be interested in talking to you at some point... Not quite there yet however.

mell says

Throwing in ARRY, a biotech stock - high risk as with any but with real revenues from collaborations - into the mix. Currently priced at $3.50/share.

Now at $4.50/share, still a decent time to buy. Gonna be yuuugee.

BayArea says

Nice pop... 52wk high...

I only have 5,300 shares that are part of the non long term invest able shares left to sell, so for example only 200 shares sold this morning, the rest are just small investments each month,

If this stock can hit $70 with the big move in UNXL this year and selling at $2,70 ish.. that will be 2 investment ideas over 100% returns as MASI got to mid 30's earlier this year

BayArea says

Logan,

We have had our own mortgage company since 1987, I just don't talk about in terms of promotion, I think that takes away from my economic discussions, just call me whenever you want.

Logan Mohtashami says

I only have 5,300 shares that are part of the non long term invest able shares left to sell, so for example only 200 shares sold this morning, the rest are just small investments each month,

You have $250K invested in MASI?

mell says

You have $250K invested in MASI?

This is what I have left that I am willing to depart with

2,500 at $37,84

1,600 at $21.69

800 at $19.90

400 at $20.19

The under performing of the stocks in prior years gave good buying points, this year when it wen under $40 I picked out another investment point.

The problem going forward is that unless it really takes a dip, I might not have a investment point to buy back in.. the monthly addition is just long term investing thesis

My 2016 selling points outside today 200, this has been a big selling year as you can imagine

07/14/2016 07/14/2016 200 MKT S $53.1160
06/08/2016 06/08/2016 200 MKT $52.1555
05/16/2016 05/16/2016 400 MKT $48.0545
04/25/2016 04/25/2016 200 MKT $43.3010
03/21/2016 03/21/2016 590 MKT $40.0150
03/21/2016 03/21/2016 1,000 DAY $40.12 $40.1322

Logan Mohtashami says

This is what I have left that I am willing to depart with

2,500 at $37,84

1,600 at $21.69

800 at $19.90

400 at $20.19

That's a lot of money to have in one stock. You're a high roller, enjoy the money til you have kids ;) I don't see the problem with the investment point. Sell 50%-75% and let the rest ride forever. Free roll.

mell says

til you have kids ;)

I have money because I have no kids, evil to say that I know, But hence why I have my condo as my primary resident for the rest of my life, 2 bedroom 2 bath for 2 people and 5 pets and my rental is a 1 bedroom condo roughly half the size

Think small... grind it out...

As you can imagine, MASI is a unknown, even though they won a $487 Million lawsuit case against Phillips recently, medical device company, people think I talk about the Surfing shop MASIMO

I did F up my sell today though, I thought I had 58.50 limit order but that had expires sold at market right in the open at 56 .. oh well... stupid mistake on my part

Question is now where can TWTR and GPRO go... ATEN has already had it's run on the year, not sure how much upside is left

Logan Mohtashami says

Question is now where can TWTR and GPRO go... ATEN has already had it's run on the year, not sure how much upside is left

I trade almost biotech only. But TWTR is toast unless they get acquired. No ways to generate money, censoring of free speech and a general PC approach (vs meritocracy) has taken its toll on this stock. I'd assume GRPO will get more and more competitors. But I don't trade these anyways.

mell says

GRPO

I will sell some GPRO above 14 and then let the rest ride, I did that with TWTR already, Not much else out there

BIOTECH land, Gale and MNKD were old trades of mine, but long out them, that sector High Beta, but have a stop loss for sure or else ...