/biz/ - Business & Finance

>>19373294
https://www.direxion.com/products/direxion-daily-aerospace-defense-bull-3x-shares?keyword=aerospace%20stocks&gclid=Cj0KCQjwn7j2BRDrARIsAHJkxmzMMPQ9rY1bl-Qfv-FhugTBvS52F_svTVk82FBlGoI5H40lAnPE9QoaAmPPEALw_wcB

Read the contents of the fund, it doesn't hold any SpaceX. I doubt the launch will affect price negatively, only positively.

>>19373362
t. I bought into the fund myself for the first time today. Regardless of SpaceX it's easily mooning to $80 & beyond once airlines return to normalcy and the saber rattling between the US & China continues. Buy buy buy.

>>19373294
>>19373362
>>19373386
I bought. Will be back here in 5 years

>>19373621
You're going to make it anon, godspeed. A word of warning though, given its 3x leverage I wouldn't but a blanket on it for 5 years. When it comes to Direxion 3x's I think they're best for swinging. Check back in quarterly at least.

>>19373715
Thanks for the advice. I was planning to hold at least till things get back to normal. Who knows when that will be. But it has been in an upward trend in the last couple of days and it seems to be heavily impacted by COVID. It was trading at $70 before COVID

It just passed it's peak since the bottom in March, looks like a recovery from here, I can imagine bumpy roads ahead but I saw the holdings of the Index.

Index Top Ten Holdings %
Lockheed Martin 17.33
United Technologie 15.76
Boeing 13.48
General Dynamics 4.73
Teledyne 4.57
L3 Harris 4.53
Northrop Grumman 4.39
Transdigm Group 4.01
Raytheon 4.01
Huntington Ingralls 3.14

Seems solid in the long run from here because all these stocks were affected by COVID

>>19373294
Launch is offffff

>>19373294
gutted mate, i was so excited to see the launch as well

>>19374053
>>19374075
Why did it pump after the news that the launch was off though? Lol

>>19374156

>>19374156
launh was off due to weather, rather than an internal problem
dunno why it would actually pump though

>>19373294
launch was cancelled. Great, more time to ride on the hype train, just went all in DFEN

>>19374331
What hype? Did you see the holdings of DFEN? >>19374007

Those are not hype stocks

>>19374344
You do realize once the airline industry recovers they're going to moon, right? They are absolutely hype stocks.... and if shit pops off with China, or Iran, or Venezuela, or North Korea... then we're going parabolic.

>>19374439
Ah. Maybe I took it the wrong way, by hype stocks, I was thinking “meme stocks”, in a negative sense. Anyway, I think I’ll hold till we recover. As tensions increase with China, Iran, or Venezuela, maybe it can push it to higher highs.

>>19373621
based as fuck

>>19374544
That’s the first time I got called based. Cheers.

It’s fucking mooning
>14.67
Already up 11% today, Cheers MIC Chads we’re going to make it.

>>19374708
OP here, whew, the green candle came out of nowhere! I bought 10 minutes before closing lol

>>19373294
>>19373621
>>19374850
The balls of this man, going all in of DFEN. You will make it.

>>19374898
Thanks man! Since I’m a poor fag, I do have to take some risk like that to see some gains, but I’m still a young student so I can afford to lose it, I have a lot of time ahead of me. About to graduate Mech E, so right now this is play money compared when I get a salary wage

Bought 10 min before closing

>>19375269
based and 69 checked

>>19373621
>100%

>>19375583
he's literally the most based&chad person i've seen on /biz/ in weeks

>>19375583
Yes I know. I’m poor. I need to do that to see some gains. I had holdings in most of those companies anyway, just decided to put it in a Index. >>19375034

>>19375628
Thanks, I want to make it. I took a screenshot of your post, it will get me through a dark time, if I ever go through one

Investing in companies who make bombs that blow up innocent children is well on the side of immoral, in my book. Doesn't it bother you?>>19373362

>>19375800

>>19375800
Big fag

>>19375800
Lmao not at all. I live in the most powerful empire in the history of the world, I shall revel in its conquest and subjugation of inferior insect countries.

>>19375269
Based

Agree >>19375628

we are going to the moon again with women as pilots in 2024. Of course you hold this.

>>19373294
Thoughts?

>>19375800
i invest solely in defense companies and geo group. fuck brown people and fuck niggers. i enjoy profiting off of both of them

>>19376460
Seethe more

>>19376538
Fucking based, make sure to add CXW to that Chadfolio fellow private prison investor.

>>19373621
>Avg 13.72
>AH 15.01
you are gonna make it anon

OP is a mad man. You crazy bastard

>>19377686
Lol I did not expect this pump. Glad I bought early. Hopefully we reach pre corona levels which was trading at $70!!! I will be putting more money in when I get paid!!!

>>19373621
>leveraged etf

>5 years

Anon...I

>>19378764
How long is he supposed to hold? It is an aerospace and defense stock, it seems pretty solid to hold. Defense and aerospace ain’t going nowhere and he bought it at an incredible discount.

>>19379040
Etf*

He should hold at least till those stocks in the index reach pre corona levels

>>19379040
it literally says "daily" in the name....