Larry

Active Trader. Stocks/Options Trader, Dividend Collector. Always learning. NFA. (Primarily a scalper)

[unusual_whales @unusual_whales]

Retail traders rushed in to buy Nvidia shares following Jensen Huang’s resignation, with the stock drawing the biggest opening bid from individual traders ever recorded by Vanda Research.

In the first 30 minutes of the regular session, retail traders bought a net $111 million of Nvidia shares, more than 40x a normal open.

[Fidelity Investments @Fidelity]

The IRS just announced the retirement contribution limits for 2027:

IRA
Under age 50: $7,500
Age 50+: $7,500 (w/ a $1,100 catch-up)

401(k)
Under age 50: $25,500
Age 50+: $25,500 (w/ a $8,500 catch-up)
Ages 60–63: $25,500 (w/ a $11,750 catch-up)

If you’re 50+ and your Federal Insurance Contributions Act (FICA)-taxable earnings are $155k or more (as indexed annually), any catch-up contributions to your 401(k) will have to be made to a Roth 401(k) with after-tax dollars.

[Tape to Edge @tapetoedge]

My flight got delayed, so I had enough time for two trades this morning 😂

MU and NVDA, +$699 net.

Really happy with how the Edge Trader and AI Journal integration is working. Seeing my executions, stop/target changes and trade reviews together makes a big difference.

If you trade with Schwab, give it a try. Both tools are free and open source.

[The Hormuz Letter @HormuzLetter]

BREAKING: Trump abandons talks with Iran, declaring the US no longer needs a deal with Tehran.

"We don't need a deal with Iran. Those days have long since passed. We've got their money, hundreds of billions of dollars, and we've got their Strait," he says.

Iran told Qatar in the past 24 hours that it would not negotiate over its nuclear program at all under any circumstances.

Qatar then relayed the message to the US, prompting Trump to say he no longer needs a deal, senior officials involved in the negotiations say.

Trump also told Vance to now "focus his complete and total attention on the massive corruption."

[Larry @_TraderLarry]

@AraInvestHQ @RealSPXSniper Great work Ara!

[Ladylawyer @Ladylaw31256058]

Shareholders have filed a class-action lawsuit against NVDIA.

[Larry @_TraderLarry]

$SMCI

[Fidelity Investments @Fidelity]

Did you know about our tax-loss harvesting tool?

You can use it to find unrealized losses in your accounts and see how selling those investments could affect your taxes.

There’s also step-by-step guidance, and you can harvest losses across multiple Fidelity accounts at once.

Link ⬇️

[Larry @_TraderLarry]

@tradepatiently @tastytrade for sure. when they told me about the 'TOD', I thought, how does that help me verify who is listed?

[Larry @_TraderLarry]

I find it hard to believe that an account holder @tastytrade cannot view their own beneficiaries in their online account once they are submitted and processed, to verify they were processed correctly. EVERY other broker account that I have has the ability to do so.

[Larry @_TraderLarry]

@galvatron261 I am guessing that the put spread funds will underperform in prolonged bear markets, but, combined with other funds may balance out a smoother long term return. Will have to do some more research.

[Larry @_TraderLarry]

Closed my $OVQ position a little while ago for a small gain. Part of my income portfolio reconfiguring moving forward. Will be reducing some overlap between holdings and adding more non-correlated positions.

[Larry @_TraderLarry]

@cvarela If price stays low overnight, I will target $120-$130 I think. $100 may be pushing it.

[Larry @_TraderLarry]

$NVDA

[Fred6724 🍥 @DumbleDax]

A look back at my most distinctive TradingView scripts: the IBD RS Rating.

The concept: assigning a relative strength rating to a stock to quickly identify those that are outperforming the market.

But there's one thing I want to share about its history and what makes it unique.

[Larry @_TraderLarry]

@NoobTheta hey @grok help this guy out with an inidcator

[Larry @_TraderLarry]

@tradepatiently @tastytrade Customer support told me the same thing about the 'TOD' on the statement. They said they are working on adding it to our profile online so we can see it also.

[Larry @_TraderLarry]

@OptionGrowth My decision wasn't based on long term. I think it will do well 'longer' term. We all have different plans for allocation, and I make mistakes. Who knows, I may wind up entering again in the future.

[Larry @_TraderLarry]

@tapetoedge 'Headline risk' will be in play for a while on $NVDA, likely at least until earnings, maybe longer due to investigations. Still opportunities, just have to keep that in mind

[Larry @_TraderLarry]

@Soph1ku8 I should have said 'easier'. lol

[Larry @_TraderLarry]

@Soph1ku8 easy to manage with less. I just always find myself going thru the motions of seeing what works for me and what doesn't. That involves too many positions at times

[Larry @_TraderLarry]

I originally gave more weight to non-correlated fund strategies themselves, but as the market pulled back recently I decided to try and give more weight to overlap in holdings, so cutting some 'nasdaq' funds was the step I took, 'for now'. I have been adding to these later: $IWMI $IYRI $UTG $MLPI $BINC $SCYB and will be on the lookout for others

[Larry @_TraderLarry]

@OptionGrowth My thinking was to reduce nasdaq related holdings after seeing how they performed with the recent pullback.