Economy stonks v23, santa claus rally or santa claws rally?

[Pride23]

there are hundreds of stocks making 52-week or all-time lows daily. some are rather deserved but a fuckton have just been collateral damage.

Reducing margin and buying puts/shorting in anticipation of tapering ending and rate hikes.

Like you said, a ton are oversold and decoupled from fundamentals. Opportunity.

 

[brackis1]

China slashes rates. Looks like a lil bumpski

 

[kahiljabroni]

China slashes rates. Looks like a lil bumpski

Yup they're mooning.

Not buying today's recovery as usual

 

[brackis1]

Yup they're mooning.

Not buying today's recovery as usual

I had bought for a scalp and am a happy man.

 

[kahiljabroni]

Idk this rally looks pretty strong

 

[44nutman]

Got back in $MRO when it got below 19 again. That with $CVX and my metal stonks have been cutting into the blood bath of my other stocks.

 

[86'd]

Idk this rally looks pretty strong

Honestly has anything really moved? We’ve had days of green, then days of red, seems like lots of movement all to go no where.

I could see earnings coming up at the end of the month and in February that drive it green. Followed by headlines of “we care about inflation and rate hikes again today.” The following day

 

[brackis1]

bahahah PTON

shorting LULU here

 

[brackis1]

bahahah PTON

shorting LULU here

in hindsight buying PTON at 24 would have been a tasty flip

 

[44nutman]

Got back in $MRO when it got below 19 again. That with $CVX and my metal stonks have been cutting into the blood bath of my other stocks.

Made quick 20% on those $MRO calls. Drive it back below 19 and I will be back in again. Not sure who the fuck is trying to drive down an oil stock when oil prices keep going up. Dividends on 02/2022 should be decent.

 

[Gas121]

Idk this rally looks pretty strong

Nah seems we will see the same ol next week. Probably dump and give up all gains like it has been for over a month now. If companies don’t crush earnings there going to get hammered. Sit patiently for now imo

 

[Gas121]

$SFT lulz. Might just be the most manipulated stock in the market. From 5% up down to -1%. Just madness.

Waiting for the $65 mark on WGO to swing it back to the $70s next week. Should be a lock IMO.

 

[kahiljabroni]

Honestly has anything really moved? We’ve had days of green, then days of red, seems like lots of movement all to go no where.

I could see earnings coming up at the end of the month and in February that drive it green. Followed by headlines of “we care about inflation and rate hikes again today.” The following day

I mean alot of things have moved alot in downtrend. It would take ten massive green days for many of these stocks to recover

 

[kahiljabroni]

Nah seems we will see the same ol next week. Probably dump and give up all gains like it has been for over a month now. If companies don’t crush earnings there going to get hammered. Sit patiently for now imo

We shall see. I didn't chase. I actually the rip on some positions.....bought another qqq put and a few cheap puts on individual stocks.

Today's move is wobbling hard...if this bitch closes red look out below.

 

[Gas121]

We shall see. I didn't chase. I actually the rip on some positions.....bought another qqq put and a few cheap puts on individual stocks.

Today's move is wobbling hard...if this bitch closes red look out below.

Market looking jittery. It will not hold. All these gains today will be wiped out either tomorrow or next week. It's to predictable. I won't be taking the bait. There is no reason for a market rally at this point until the FED face the music and tell us what's happening out there.

 

[kahiljabroni]

Market looking jittery. It will not hold. All these gains today will be wiped out either tomorrow or next week. It's to predictable. I won't be taking the bait. There is no reason for a market rally at this point until the FED face the music and tell us what's happening out there.

Agreed. Pissed I didn't buy a put on tsla at that 1040 level.

 

[Gas121]

Agreed. Pissed I didn't buy a put on tsla at that 1040 level.

And down the market goes. Strong signals were heading for a bear market here IMO. Slow, steady bleed to the bottom with a the odd green day. Next two months will be horrific if you aren't hedging. Small caps are a just a joke at this point.

$SFT now -4% from 5% up mid trading. New ATL's everyday LMAO. The worse stock I've ever held. -65% down at this point. Give me a break lulz

 

[Gas121]

NVDA - RIP. That's a solid cliff edge drop. Strong signals of a bear market here. Fasten your seat belts gents.

 

[kahiljabroni]

And down the market goes. Strong signals were heading for a bear market here IMO. Slow, steady bleed to the bottom with a the odd green day. Next two months will be horrific if you aren't hedging. Small caps are a just a joke at this point.

$SFT now -4% from 5% up mid trading. New ATL's everyday LMAO. The worse stock I've ever held. -65% down at this point. Give me a break lulz

Lmao @ horrific....so true. Probably trapped so many people today. I'm hedged well...I won't make money in a crash but I'll stay close to even so I can load the boat

 

[kahiljabroni]

Would be something if the market rallied huge into the close. Id throw my hands up and close my brokerage account