Economy stonks v26

[rob mafia]

I mean you can take the stance that those 2 stocks will not fall but you can't deny that the rest have. Amzn, fb, goog, shop, tsla, pypl, nvda, sq, etc have all fallen way harder and farther. Well see you could be right....but a few months ago tsla was another exception. Then it dropped 40%

dude, what?

nvda was $73 (well, adjusted for today's count [splits] ) before covid. tsla was like $50 (same, adjusted for splits). etc and etc. i don't know about pypl/shop/sq, but the rest are in substantially different positions. meta's collapse is because management is hung up on their stupid metaverse. tsla, while still WAYYYYYYYYYY up from 1/2020, also collapsed due to shitty management decisions. not just because.

i'm not saying msft/aapl can't fall, i'm saying that i don't see them falling to pre-covid pricing without some new horrible catalyst.

fwiw, i think nvda's way overvalued, especially in relation to peers. their multiple is about 2.5x amd's.

 

[kahiljabroni]

dude, what?

nvda was $73 (well, adjusted for today's count [splits] ) before covid. tsla was like $50 (same, adjusted for splits). etc and etc. i don't know about pypl/shop/sq, but the rest are in substantially different positions. meta's collapse is because management is hung up on their stupid metaverse. tsla, while still WAYYYYYYYYYY up from 1/2020, also collapsed due to shitty management decisions. not just because.

i'm not saying msft/aapl can't fall, i'm saying that i don't see them falling to pre-covid pricing without some new horrible catalyst.

fwiw, i think nvda's way overvalued, especially in relation to peers. their multiple is about 2.5x amd's.

What ya mean what?

Nvda went from 350 to 110.

Amd 160 to 50

Amzn 190 to 85

Adobe 680 to 280

Tsla 400 to 110

Fb. 380 to 90


Etc etc etc.


Aapl went from 180 to 125. Nowhere near as drastic as the rest of big tech but it recently broke the neckline of the same head and shoulder patter that took out every other stock.

Idk if msft and Apple will dump but nobody thought Tesla, Google, and Amazon would either. Apple to 100 or 80 does not seem that far fetched.

 

[rob mafia]

What ya mean what?

Nvda went from 350 to 110.

Amd 160 to 50

Amzn 190 to 85

Adobe 680 to 280

Tsla 400 to 110

Fb. 380 to 90


Etc etc etc.


Aapl went from 180 to 125. Nowhere near as drastic as the rest of big tech but it recently broke the neckline of the same head and shoulder patter that took out every other stock.

Idk if msft and Apple will dump but nobody thought Tesla, Google, and Amazon would either. Apple to 100 or 80 does not seem that far fetched.

so you think because amd and etc got absolutely hammered, msft and aapl should be valued at their 1/20 pricing?

also, you're conflating october to now. nvda is no longer 110 and etc.

nobody thought Tesla, Google, and Amazon would either.

wat

seemingly everyone thought tsla was going to drop.

 

[kahiljabroni]

so you think because amd and etc got absolutely hammered, msft and aapl should be valued at their 1/20 pricing?

also, you're conflating october to now. nvda is no longer 110 and etc.



wat

seemingly everyone thought tsla was going to drop.

I'm not conflating anything...I clearly stated that I'm talking all time covid highs vs their bear market lows since then. And not just amd....virtually every tech stock.

 

[rob mafia]

I'm not conflating anything...I clearly stated that I'm talking all time covid highs vs their bear market lows since then. And not just amd....virtually every tech stock.

but you're citing lows from semis/etc in october to support your argument that msft/aapl should crash now or the near future. it doesn't make a whole lot of sense.

saying nvda 110 = msft x doesn't make any damn sense when nvda is now 190.

 

[kahiljabroni]

but you're citing lows from semis/etc in october to support your argument that msft/aapl should crash now or the near future. it doesn't make a whole lot of sense.

saying nvda 110 = msft x doesn't make any damn sense when nvda is now 190.

I originally brought Microsoft and Apple up in the context that IF we are going to have another big leg down that it could be led by those two selling off hard.

Obviously if the market tanks then most tech stocks will tank. I think nvda, amd, shop, meta have already bottomed...aapl and msft may not have based on their charts IMO.

Imo ......IF we turn down. IF. AAPL and msft will make new lows and the others won't.

I think Tesla could go lower still too...sub 100.


These are just my opinions and I don't think they're that controversial or off base.

 

[BJ@LW&WW]

what the fuck happened at market open? several securities had massive swings and even trade freezes, including tsm, visa, exxon, walmart, jnj, unh, mastercard, merck, eli lilly, and coca cola

 

[brackis1]

what the fuck happened at market open? several securities had massive swings and even trade freezes, including tsm, visa, exxon, walmart, jnj, unh, mastercard, merck, eli lilly, and coca cola

very odd.
I wonder if it was a chance to fuck with trailing stops and such

 

[44nutman]

what the fuck happened at market open? several securities had massive swings and even trade freezes, including tsm, visa, exxon, walmart, jnj, unh, mastercard, merck, eli lilly, and coca cola

$T was halted, and at first I was thinking maybe an earnings leak, since earnings is tomorrow. It ran was up like 12% but dropped to roughly even.

 

[brackis1]

lol fuk I was fishing on IRNT around .3
Sold at .4 feeling like a genius
Now its at .52

 

[HOLA]

what the fuck happened at market open? several securities had massive swings and even trade freezes, including tsm, visa, exxon, walmart, jnj, unh, mastercard, merck, eli lilly, and coca cola

It was quite a lot. In my portfolio TT was also involved. Opened up with over an 8% gain. I couldn't see any news that would justify a move a like that. 15 minutes later it was back to flat for the day. Last 2 hours it's been holding steady with about a 2% gain. Weird.

Looking at VZ right now. It has a low of $32.76 and high of $44.73 today. Currently exactly flat at $39.63. Definitely bizarre.

 

[Chesten_Hesten]

 

[BJ@LW&WW]

It was quite a lot. In my portfolio TT was also involved. Opened up with over an 8% gain. I couldn't see any news that would justify a move a like that. 15 minutes later it was back to flat for the day. Last 2 hours it's been holding steady with about a 2% gain. Weird.

Looking at VZ right now. It has a low of $32.76 and high of $44.73 today. Currently exactly flat at $39.63. Definitely bizarre.

it was apparently a technical failure at the nyse

https://www.nyse.com/market-status/history#110000531402

 

[Gas121]

it was apparently a technical failure at the nyse

https://www.nyse.com/market-status/history#110000531402

Probably Algo's? Wonder if hedges scooped up on the dip and sold it off after. $MOS was down -11% at open. Missed it

 

[BJ@LW&WW]

Probably Algo's? Wonder if hedges scooped up on the dip and sold it off after. $MOS was down -11% at open. Missed it

the link might not have had their most recent update when you clicked it. if you click it now they give more information. the trades that occurred before the trade halts kicked in will likely be voided


"the NYSE did not conduct opening auctions in a subset of its listed securities [...] any trades in NYSE-listed symbols that did not conduct an opening auction and both 1) occurred after 9:30:00 but before the receipt of LULD bands (generally less than a second later) and 2) executed at a price further from the Reference Price, defined in NYSE Rule 7.10(d), than the Percentage Parameters, which are defined in Appendix A to the LULD Plan, will be declared null and void.

 

[Gas121]

the link might not have had their most recent update when you clicked it. if you click it now they give more information. the trades that occurred before the trade halts kicked in will likely be voided


"the NYSE did not conduct opening auctions in a subset of its listed securities [...] any trades in NYSE-listed symbols that did not conduct an opening auction and both 1) occurred after 9:30:00 but before the receipt of LULD bands (generally less than a second later) and 2) executed at a price further from the Reference Price, defined in NYSE Rule 7.10(d), than the Percentage Parameters, which are defined in Appendix A to the LULD Plan, will be declared null and void.

I seen it happened to quite a few stocks. When I checked my trading platform, the charts looked whack asf, figured something didn't seem right. I was more so thinking holy heck did I miss a flash crash on some stocks by algo's and missed that juicy dip. Guess that confirms I didn't miss anything.

In other news $MSFT pumps after hours, and is now plummeting. Picked up a small position in $SQQQ before close. Tesla will whack this market if they miss.

Unloaded my bags before close today, just couldn't risk it. So mainly popcorn for me 2moro, sit back and enjoy the earnings show.

 

[Chesten_Hesten]

 

[kahiljabroni]

I seen it happened to quite a few stocks. When I checked my trading platform, the charts looked whack asf, figured something didn't seem right. I was more so thinking holy heck did I miss a flash crash on some stocks by algo's and missed that juicy dip. Guess that confirms I didn't miss anything.

In other news $MSFT pumps after hours, and is now plummeting. Picked up a small position in $SQQQ before close. Tesla will whack this market if they miss.

Unloaded my bags before close today, just couldn't risk it. So mainly popcorn for me 2moro, sit back and enjoy the earnings show.

Very interesting price movement on msft. This is how major reversals start. We were slamming into a trendline on qqq.....everyone is watching the catalyst (msft)...and it pumps. And then it dumps.

Gonna need tsla, aapl and the fed to help but this could be the start of dump city

 

[Gas121]

Had a look at $MSFT earnings. Looked like stock mania was back for a moment there on an earnings miss. I suspect this pump was based on Chat

Very interesting price movement on msft. This is how major reversals start. We were slamming into a trendline on qqq.....everyone is watching the catalyst (msft)...and it pumps. And then it dumps.

Gonna need tsla, aapl and the fed to help but this could be the start of dump city

Helluva bull trap after hours. I guess once the earnings miss was digested, big players headed for the exit. Ran through the earnings quickly, miss on EPS and revenue. PE of 30 for slowing growth? Seems expensive imo. I'll get interested in $MSFT under 20 PE tops.

Logitech sales down -22% is concerning.. If that's anything to go by, maybe Apple could be in a for good smack if they miss, which is what I suspect.

I still think this market is trading at high multiples, it's tough to buy here still IMO but I'm more conservative.

 

[rob mafia]

I suspect this pump was based on Chat

Helluva bull trap after hours. I guess once the earnings miss was digested, big players headed for the exit.

sorta, not really. the spike was because of the azure figures. then the drop was because of guidance.