Economy stonks v26

RDFN looking tempting here.
So absurdly low.
I bet if they announce job cuts this thing will rip.
 
Well nobody saw that ripper after open today. Not convinced of any super rally tbh. Probably dumps next week. A real gamble down here either way.
 
Gas121 said:
Well nobody saw that ripper after open today. Not convinced of any super rally tbh. Probably dumps next week. A real gamble down here either way.
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I did; been saying!


Going to gold now tho; prolly was a lot of squeeze.
 
brackis1 said:
I did; been saying!


Going to gold now tho; prolly was a lot of squeeze.
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My only regret was not buying at the lows of the dump. I saw a few stocks on my stock list hitting 52 week lows and all time lows.. Looking to get in some swing trades around here, $NU is my bet with earnings coming soon.

$ERO copper has been on fire, up +45% on this one.
 
Gas121 said:
Well nobody saw that ripper after open today. Not convinced of any super rally tbh. Probably dumps next week. A real gamble down here either way.
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People are trying to come up with 5 billion excuses as to why, but the general consensus is that its so bad that its good.
 
Apparently I'm dumb money. I didn't buy the dump yesterday....I even bought a put around 10 am thinking it was meltdown time.

I ignored the vix barely being up....I ignored the spy was just below major support....I ignored the fact that everyone and their mother was probably short going into to cpi and would be looking to cover.

I thought I had a knack for this game but maybe not.
 
Market opened up with so much hope. So close yet so far. UAL earnings next Monday is going to be important. Mah airlines have been butchered to peak pandemic levels for no other reason other than macro bull shit.
 
kahiljabroni said:
Apparently I'm dumb money. I didn't buy the dump yesterday....I even bought a put around 10 am thinking it was meltdown time.

I ignored the vix barely being up....I ignored the spy was just below major support....I ignored the fact that everyone and their mother was probably short going into to cpi and would be looking to cover.

I thought I had a knack for this game but maybe not.
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you did fine it seems
 
also lol @ Musk being under Federal investigation; shocker.
 
#godsplan

PLwOBE2.png
 
This market is legit schizophrenic. I just knew it would dump again. Just constant traps. A tough market to hold any kind of stock.

just waiting for a few more haircuts. Hope dummies keep selling AMD, ready to clean up and dump 50k and retire happily ever after! Some stocks are becoming oversold. Max fear not in yet but many heading for exit = time to buy the dip.
 
brackis1 said:
#godsplan

PLwOBE2.png
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The fact Cathie says 5 years outlook yet has negative returns is astounding. She is in over her head me thinks and she’s in deep. She has sold some stocks at huge losses and pivoted in to others only to get hammered there too.

Looks like she is buying a lot more lotto stocks in biotechnology. She is gambling that one moons I suspect.

Will be interesting to see how it unfolds next year for ARK but looks doomed with Tesla getting hammered. I’m more surprised with someone as experienced as Woods she blew it after insane gains in two years.
 
Gas121 said:
The fact Cathie says 5 years outlook yet has negative returns is astounding. She is in over her head me thinks and she’s in deep. She has sold some stocks at huge losses and pivoted in to others only to get hammered there too.

Looks like she is buying a lot more lotto stocks in biotechnology. She is gambling that one moons I suspect.

Will be interesting to see how it unfolds next year for ARK but looks doomed with Tesla getting hammered. I’m more surprised with someone as experienced as Woods she blew it after insane gains in two years.
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Yeah and if one goes up we won't hear the end of it lol
 
Gas121 said:
This market is legit schizophrenic. I just knew it would dump again. Just constant traps. A tough market to hold any kind of stock.

just waiting for a few more haircuts. Hope dummies keep selling AMD, ready to clean up and dump 50k and retire happily ever after! Some stocks are becoming oversold. Max fear not in yet but many heading for exit = time to buy the dip.
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I'm kinda torn. If you look at 5 year charts the bubble is obvious in every stock. Stocks like meta and shop have given it all back and then some. Apple and Tesla were the two techy Stocks still holding on for dear life and they're finally breaking. Amd has given back alot but if it follows every other tech stock and it goes to precovid numbers it could go sub 20$. Its currently following the pattern perfectly.


As stated earlier I've been losing confidence. That said I don't believe the 08 crash is coming now. I've been eying the 335-340 spy level for a push allin and I think I'm sticking with it.
 
kahiljabroni said:
I'm kinda torn. If you look at 5 year charts the bubble is obvious in every stock. Stocks like meta and shop have given it all back and then some. Apple and Tesla were the two techy Stocks still holding on for dear life and they're finally breaking. Amd has given back alot but if it follows every other tech stock and it goes to precovid numbers it could go sub 20$. Its currently following the pattern perfectly.


As stated earlier I've been losing confidence. That said I don't believe the 08 crash is coming now. I've been eying the 335-340 spy level for a push allin and I think I'm sticking with it.
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Agree somewhat, I think the issue is Apple and Tesla are still over valued and the potential for them to sell off heavily will impact the whole market.

My only regret was not going ape shorting the market more. It was obvious the market was pumped up but hindsight is 20/20 eh. I said years ago how insane this bubble was and how junk like UPST, CVNA to name a few somehow reached crazy levels.. It’s all unfolding now and folks have or are preparing for exit.

Seems like a slow bleed to me. Everybody are waiting for the big crash but I don’t see it either. I’d happily see this market trade sideways for a year so I can get positions set and fill my bags.
 
Gas121 said:
Agree somewhat, I think the issue is Apple and Tesla are still over valued and the potential for them to sell off heavily will impact the whole market.

My only regret was not going ape shorting the market more. It was obvious the market was pumped up but hindsight is 20/20 eh. I said years ago how insane this bubble was and how junk like UPST, CVNA to name a few somehow reached crazy levels.. It’s all unfolding now and folks have or are preparing for exit.

Seems like a slow bleed to me. Everybody are waiting for the big crash but I don’t see it either. I’d happily see this market trade sideways for a year so I can get positions set and fill my bags.
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Yep I have the same regret. 6 months ago we were talking about how everything was going to tank. Back then it was the zooms and docusigns but the amds and nvdas looked untouchable. Now its the amds and nvdas but the aapl and tslas look untouchable.

Thing is that tsla is the most speculative head and shoulders pattern and still deserves to be cut in half. Aapl would probably have to dump to 100 to be considered crashed. Like u said...that would drag the market down massively..
 
Looks like a lil bouncy boo starting the week.
Between that and me finding out I estimated my tax payments to within .5% on a huge basis on my extended filing due today = happy boy
 
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brackis1 said:
Looks like a lil bouncy boo starting the week.
Between that and me finding out I estimated my tax payments to within .5% on a huge basis on my extended filing due today = happy boy
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We got our running shoes on.
My biggest short was garbage overbought biotech that is down 10% on an up day while my other shit be popping
giphy.gif
 
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