With payments of only $263 per month you should be treating yourself to lobster lol
I made quite a bundle on ARNA trading both ways. VVUS also. Shorted VVUS at 26 after FDA approval using puts. MNKD is another but still holding onto until they get FDA Approval. Bought some JCP a few days ago. Get it while you can before private equity and hedge funds go back into it. Scale in and don't buy all at once. Buy Puts or a spread for protection. You can sell the $5 Put and pocket that money with the premiums so high. Only trade what you can afford to lose.
When you trade TZA on a daily basis your chance of failure is about 99.99% in the long run.
Melford Jack will have to pass out farm animal to those in need if this is true
Bernanke will not taper when he is about to leave office. That will be up to his replacement.
Anyone who actually goes all in on one stock should not be allowed to have an account. I was just bringing back some Jack "Farm Animal" Melford with his all in headlines. I am in TLT and buying more on the pullback today. There is no way yields go back up to 3% now. Buy some call spreads if you want to risk less money.
I like the mortgage REIT's at these levels. They have been beaten up so badly there is so much bad news priced in. I would probably buy the REM with a 15% yield coming off a bottom. Take the basket of the whole sector and you should do very well with less exposure to volatility and dividend cuts from individual companies.
Watch bond yields move even lower over the next few weeks with the debt ceiling coming ahead soon. I did not think the Fed would taper, and still think bonds are a bargain at these levels. The 10 Year should head to 2.50 or even lower if it overshoots. Buy some TLT. Massive short covering in bonds underway.