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goodetrades.com
Penny stock trader. Short seller. Aficionado of stock fraud. AM in Cognitive Psychology. || Terms of use: http://goodetrades.com/terms-of-use
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Two months ago I got into the credit card points game hardcore. Eight new credit cards later I have business class tickets for two to Europe for my upcoming food tour, a bunch of hotel bookings, and 500k points across CapitalOne, Chase, and Amex. If anyone wants to play the game, some advice: 🧵

Good advice on figuring out very complex stocks

Vinay Prasad took biotech 🤮

This is your friendly reminder that GLP-1 agonists are still amazing drugs. This is on the starting dose of tirzepatide (Zepbound). At this rate, I will achieve negative weight in 12 months.

One nice thing about having much of my money at #$IBKR is that they have cross-margining across currencies (minus a very small allowance for liquidation). As a day-trader I keep most of my money in cash and this allows me to park that cash in Euros and Yen to reduce my exposure to the dollar

It's worse than this, because the stock market keeps *predicting* that T will pivot, and that resilience emboldens him to persist. The stock market being resilient will not save the economy, so it just deepens the recession. When the market catches up to reality, perhaps T will pivot. Way too late.

I can't name which broker because of their social media policy and me being an affiliate marketer of them, but one of my brokers just started offering a route that will fill just above the bid on SSR stocks. TradingAlpha is the only retail broker that previously offered this.

Steve Usdin writing in BioCentury: “It’s official: FDA says its cuts are delaying drug regulation — Layoffs, lack of access to journals slow response FDA says”

Jarring but certainly justified

#$XIN Xinhua Real Estate is now the second involuntary bankruptcy of a public company in the last 5 months ( #$MIGI filed in December 2024). I can't remember the last time I saw one prior to then || Disclosure: Short and actively trading it