|
fatal oopsie-daisy posted:trade wars are good, and easy to win  I got some cash ready to buy, but where is the bottom? Looking like tech misses will take us to midterms, and following that we will have the Chinese tariff increases/negotiations to look forward to bringing down the market
|
#
?
Oct 26, 2018 17:17
|
|
|
|
| # ? Jun 7, 2024 14:35 |
|
|
Treasuries are gaining significantly along with the drop in equities, and the 10-year yield has dropped nearly 15 basis points since Monday. If this was due to trade, I would expect both equities and treasuries to sell off simultaneously like they did earlier in the month over fear of inflationary pressures. In reality, this near correction reminds me a lot of what happened back in February. Tech is leading the sell off due to angst over forecasts and bringing the broader market down along with it. Tech has been the locomotive of the rally over the past few years, and now that it is starting to slow indicates that the expansion is reaching a more mature level where other sectors need to pick up the slack. If the trade concerns are having an effect, it is that those other sectors are currently handicapped due to increased producer prices; limiting their earnings growth. I also want to note that the S&P bounced off a 10% correction today, just like it did in February. Part of me wants to think these selloffs are just a way for investors to feel better about a never-ending bull market.
|
|
#
?
Oct 26, 2018 17:29
|
|
|
I want to ensure I understand. “Correction”=drop, right?
|
|
#
?
Oct 26, 2018 17:33
|
|
|
It's so tempting to pick up more Nvidia around 190 and AMD around 15-17 but gently caress I'm trying not to throw more cash at shares at the moment
|
|
#
?
Oct 26, 2018 17:41
|
|
|
Chakan posted:I want to ensure I understand. “Correction”=drop, right? A "correction" is generally assumed to be a 10% drop from market highs. However this is very CNBC-esque, as it makes a lot of good headlines.
|
|
#
?
Oct 26, 2018 17:44
|
|
|
Chakan posted:I want to ensure I understand. “Correction”=drop, right? You see, the stocks were incorrectly high, so they are being corrected to be lower When the stocks were lower, and were moving higher, that was an incorrection
|
|
#
?
Oct 26, 2018 17:53
|
|
|
Speaking of uncorrecting, I wouldn't be surprised if SPX finishes up today.
|
|
#
?
Oct 26, 2018 17:58
|
|
|
Another no volume melt up, this is such a retail trap its unbelievable
|
|
#
?
Oct 26, 2018 18:06
|
|
|
this poo poo's going green, went long when the Qs hit -1.5 and kept going Hope it makes up for trying to short TSLA, again.
|
|
#
?
Oct 26, 2018 18:22
|
|
|
bro.
|
|
#
?
Oct 26, 2018 18:30
|
|
|
All out of QQQs, another baller fuckin day tried to tell you that rally was a retail trap, no volume melt up trash the algos were ust sitting and waiting
|
|
#
?
Oct 26, 2018 18:37
|
|
|
Just out of curiosity, what's a retail trap?
|
|
#
?
Oct 26, 2018 18:40
|
|
|
Freezer posted:Just out of curiosity, what's a retail trap? general market sentiment right now is down, when you have a bounce on no volume intraday when most news out there is not great- its usually a setup. The trading money gets quiet for a bit and lets passive money trickle in. Maybe thats astrology, maybe not. 'retail' refers to amateur investors basically. edit: buying a bunch of CTL greasyhands fucked around with this message at 19:00 on Oct 26, 2018 |
|
#
?
Oct 26, 2018 18:58
|
|
|
Woodchip posted:this poo poo's going green, went long when the Qs hit -1.5 and kept going Hope you didn’t cover your short position today  FBI outta nowhere
|
|
#
?
Oct 26, 2018 19:17
|
|
|
Lote posted:Hope you didn’t cover your short position today https://www.cnbc.com/2018/10/26/tesla-faces-criminal-probe-over-allegedly-misstating-production-numbers-and-misleading-investors-wsj.html For context.
|
|
#
?
Oct 26, 2018 19:35
|
|
|
BAH GAWD, THATS DA POPO'S MUSIC!
|
|
#
?
Oct 26, 2018 19:35
|
|
|
Xae posted:https://www.cnbc.com/2018/10/26/tesla-faces-criminal-probe-over-allegedly-misstating-production-numbers-and-misleading-investors-wsj.html  October has been bad to me. I hope to end the year long and strong with a Christmas miracle.
|
|
#
?
Oct 26, 2018 19:39
|
|
|
let me get this straight, TSLA is being criminally investigated by the FBI and the stock is green on a massively red day?
|
|
#
?
Oct 26, 2018 20:25
|
|
|
Sometimes it seems like TSLA goes up even when it's got good reason to go down
|
|
#
?
Oct 26, 2018 20:32
|
|
|
greasyhands posted:let me get this straight, TSLA is being criminally investigated by the FBI and the stock is green on a massively red day? It's well documented that both the FBI and SEC are haters. Freezer posted:Just out of curiosity, what's a retail trap? Whenever you see someone saying they are glad they're buying stocks "on sale". Harry fucked around with this message at 20:59 on Oct 26, 2018 |
|
#
?
Oct 26, 2018 20:53
|
|
|
GoGoGadgetChris posted:Sometimes it seems like TSLA goes up even when it's got good reason to go down There has to be institutional buying, because if this is retail buying, this is a delusional level of confidence.
|
|
#
?
Oct 26, 2018 21:07
|
|
|
greasyhands posted:let me get this straight, TSLA is being criminally investigated by the FBI and the stock is green on a massively red day? Dr Nick says, "with numbers like these, it must be criminal!"
|
|
#
?
Oct 26, 2018 21:12
|
|
|
Lote posted:There has to be institutional buying, because if this is retail buying, this is a delusional level of confidence. Volume was really low on the buy side today if I’m reading this candle chart correctly
|
|
#
?
Oct 26, 2018 21:21
|
|
|
GoGoGadgetChris posted:Sometimes it seems like TSLA goes up even when it's got good reason to go down It’s insane and awesome. I somehow profited in each direction with puts and calls today but it was nothing more than dumb luck gambling
|
|
#
?
Oct 26, 2018 22:21
|
|
|
spencer for hire posted:it was nothing more than dumb luck gambling Story of my life, and a great thread title.
|
|
#
?
Oct 26, 2018 22:32
|
|
|
GoGoGadgetChris posted:Sometimes it seems like TSLA goes up even when it's got good reason to go down This is every day that it goes up.
|
|
#
?
Oct 26, 2018 22:45
|
|
|
Residency Evil posted:I've always wondered: do most of you dudes in here just see this as gambling/fun, or are you guys day-trading away non-trivial portions of your portfolios? I was putting away the maximum into my 401k and had money to spare, so I started a taxable account. I initially started with a mix of stock picking and ETFs, trying for half and half, but the stocks did so well that I was usually 75-90% stocks. In the end I sold my stocks for a down payment on my house and have now moved everything into ETFs. I feel like an adult.
|
|
#
?
Oct 26, 2018 23:11
|
|
|
Boooooooooooring
|
|
#
?
Oct 26, 2018 23:39
|
|
|
I'm a firm believer that anything other than a 3-fund portfolio is asking to fail, but just for fun I allowed myself $1,000 of fuckaround money. It's $2,000 now so I have no doubt it'll be $0 soon.
|
|
#
?
Oct 26, 2018 23:43
|
|
|
I think something happens to Tesla in the next two weeks that craters the stock price below $250. The 10Q gonna be bad. A major exec leaving or getting subpoenas. Credit rating downgrade. I’m just gonna leave this here for later and you can quote me when it blows up in my face.
|
|
#
?
Oct 27, 2018 00:03
|
|
|
Lote posted:I think something happens to Tesla in the next two weeks that craters the stock price below $250. The 10Q gonna be bad. A major exec leaving or getting subpoenas. Credit rating downgrade. I’m just gonna leave this here for later and you can quote me when it blows up in my face. TSLA to $500 confirmed.
|
|
#
?
Oct 27, 2018 00:07
|
|
|
CTL down for no reason, I think. Man
|
|
#
?
Oct 27, 2018 00:50
|
|
|
fougera posted:CTL down for no reason, I think. Man I bought a bunch today!
|
|
#
?
Oct 27, 2018 01:42
|
|
|
greasyhands posted:I bought a bunch today! Do you see a reason why its down? this is stupid. And I'm stupid for owning so much. Oh well. it's going back to 23.
|
|
#
?
Oct 27, 2018 02:03
|
|
|
Lote posted:I think something happens to Tesla in the next two weeks that craters the stock price below $250. The 10Q gonna be bad. A major exec leaving or getting subpoenas. Credit rating downgrade. I’m just gonna leave this here for later and you can quote me when it blows up in my face. All this (except the credit rating I think) has happened at least once in the past couple months and had no lasting impact. The stock is totally irrational. It is definitely going to eventually crater but I have given up on thinking any one normal thing will do it.
|
|
#
?
Oct 27, 2018 03:09
|
|
|
EAT FASTER!!!!!! posted:This thread's a lot more fun with all of this v o l a t i l i t y. This should be the current thread title
|
|
#
?
Oct 27, 2018 03:28
|
|
|
What I meant was: YOLO buy MU options
|
|
#
?
Oct 27, 2018 05:52
|
|
|
fougera posted:Do you see a reason why its down? this is stupid. And I'm stupid for owning so much. Oh well. it's going back to 23. I didnt see any reason, I think its just a victim of the market. Just think tho- that DRIP buyin cheapass shares
|
|
#
?
Oct 27, 2018 22:25
|
|
|
Yeah I bought some shares because I figured it's a safe bet with that dividend that even if it takes a while to recover I'll make some change in the interim. Put a limit sell order for 90% of the 52-week high and will just forget about it until it executes even if it takes forever.
|
|
#
?
Oct 27, 2018 23:00
|
|
|
|
| # ? Jun 7, 2024 14:35 |
|
|
Market already down 1% with 18 hours to go before market open. If Monday is a big down day we’re going to be swimming in delicious volatility and red days all week. Get your outs ready.
|
|
#
?
Oct 28, 2018 18:28
|
|
