glassbd86’s Activity

Mon Sep 29

CAPS Outperform Pitch Reply

glassbd86 commented on glassbd86's pitch for GPRO. 2:33 PM

Caveat - I didn't expect this to bounce up so fast. Still a company with interesting potential, but not at this price. Sell @100.

Caps Pick

glassbd86 made a pick in CAPS. 2:32 PM

ProShares Ultra VIX Short-Term Futures ETF (UVXY) will Underperform the S&P 500

Caps Pick

glassbd86 made a pick in CAPS. 2:30 PM

iPath S&P 500 VIX Mid-Term Futures (VXZ) will Underperform the S&P 500

Caps Pick

glassbd86 made a pick in CAPS. 2:30 PM

ProShares VIX Short-Term Futures ETF (VIXY) will Underperform the S&P 500

Caps Pick

glassbd86 made a pick in CAPS. 2:30 PM

iPath S&P 500 VIX Short-Term Futures (VXX) will Underperform the S&P 500

Caps Pick

glassbd86 made a pick in CAPS. 2:30 PM

VelocityShares Daily 2x VIX Short Term ETN (TVIX) will Underperform the S&P 500

Mon Jul 28

Caps Pick

glassbd86 made a pick in CAPS. 3:48 PM

Blucora (BCOR) will Underperform the S&P 500

Sat Jun 28

Caps Pick

glassbd86 made a pick in CAPS. 8:12 PM

GoPRO (GPRO) will Outperform the S&P 500

Wed Nov 30

NL

Watercooler Post

glassbd86 wrote 7:59 PM

So a few years ago, I looked at the economy and invested in companies that served as macro plays. Companies like Ford, LCAV, etc. My time horizon was long and I thought recovery would happen. I still own Ford and it's a heavy part of my portfolio, and I would buy more if it wasn't. However, I think recovery is not happening and policymakers do not understand the fundamentals of what will induce economic recovery. While I still haven't abandoned my philosophy of investing rather than trading, I've been allocating more and more funds for short term trading plays. Currently, I've been trying to do a bit of "good news / bad news" arbitrage. The latest happened in the last couple days - 7% swings on Europe seems overblown. Essentially, central bankers gave passengers on the titanic larger buckets to bail themselves out. That's fine if all you have is a rowboat worth of problems, but doesn't do a damn in the grand scheme of things. I leapt into one of the levered VIX ETFs because that seems like a profitable metric of macro assumptions. The value investor in me cringes, because I'm now fully in the world of derivatives, and not linked to any fundamental economic value, but the strategy has been wildly profitable in the past and serves as a nice cash generator during this yo-yo period.

CAPS Stats & Trivia

CAPS Player Rating 90.80
Player Rank 6907 out of 75065
Score 884.87
Score Change Today +83.71
Accuracy 57.53%
Active Picks 32
Total Picks 73
Best Pick TVIX (+107.24)
Worst Pick DAL (-176.89)
Average Score per Pick 12.12
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