-
Hello, please take a minute to check out our awesome content, contributed by the wonderful members of our community. We hope you'll add your own thoughts and opinions by making a free account!
Misc Stock Market
- Thread starter ForsythSnow
- Start date
Wonder how small caps will do going forward. They’ve had a heck of a run spurred by all the new retail traders but if many are going back to work then could these keep fading?
Looks like a little head and shoulders forming.
Yeah, it isn’t the most inviting stock chart. ?
Picked up Pfizer at $34 a few weeks ago...great dividend and a value play. They should blowout revenue next couple of years with their covid vaccine. Just broke the 100dma which it’s been fighting for a several weeks. Slow mover but going to hold.
snowlover91
Member
If y’all wanna see a monster stock check out RGBP. I’ve daytraded this one twice and made a killing off it. It has gone from .002 to a high over .08 at the peak today. If you invested $1,000 in this one a week ago it would have been worth 40k at the peak today... insane. Run might be close to finishing but it has had heavy buying pressure, over $100M in volume today. 
TDOC is getting very interesting. Had a huge run up but now way oversold. $2B in rev this year at $28B market cap. 14x multiple but is growing solidly.
Teladoc (TDOC) Q4 Revenue Tops Views, Offers Guidance
www.streetinsider.com
Filed my taxes tonight (what a ----ing task) so I feel freed up and ready to trade recklessly again. LFG
GeorgiaGirl
Member
If it isn't simply retail getting back to work and other things becoming more of interest, I think the fun growthy names getting taken out back and brutally beaten scared away a lot of retail (or even blew them out), as volume has been down.
If nothing really exciting happens when we pull back here, I'm guessing that a very 2017 like market is likely until either when the Fed says otherwise or September (which is pretty much aka: further notice as that's months from now) as long as earnings are what is expected (and they're expected to be great, there was one analyst that had a forecast that actually justifies where the S&P is at currently, at least in my opinion). No crash, minimal pullbacks (more of the same thing that's been seen so far), and just overall drift higher to who knows where while people worry about breadth, volume, etc...
Complete complacency will then sink in and then we'll wake up one day and it will be at a minimum, September 2020 for the market.
But have to get through the rest of this month first. The odds of an 8-10% pullback are as high as they've been in a while imo. MMs unwinding hedges has been problematic all year so far when they do and I believe taxes are due in May. If it doesn't happen here it's not happening for a while I think.
If nothing really exciting happens when we pull back here, I'm guessing that a very 2017 like market is likely until either when the Fed says otherwise or September (which is pretty much aka: further notice as that's months from now) as long as earnings are what is expected (and they're expected to be great, there was one analyst that had a forecast that actually justifies where the S&P is at currently, at least in my opinion). No crash, minimal pullbacks (more of the same thing that's been seen so far), and just overall drift higher to who knows where while people worry about breadth, volume, etc...
Complete complacency will then sink in and then we'll wake up one day and it will be at a minimum, September 2020 for the market.
But have to get through the rest of this month first. The odds of an 8-10% pullback are as high as they've been in a while imo. MMs unwinding hedges has been problematic all year so far when they do and I believe taxes are due in May. If it doesn't happen here it's not happening for a while I think.
J&J is down this morning.
$TDOC looks ready to reverse...going to see how it closes, but if it closes over the 8/21dema then will add to my long term account.
Yeah operation small cap obliteration still in effect
The last time I felt like the indexes were never going to have a red day was late August....I started taking profits in several holdings today. I am completely out of TSLA, picked up at $592 a couple of weeks ago...sold at $737. I sold 90% of $SQ, 80% of $APPL too.
This is getting nuts...everyone has completely sold out of small caps, bio's, and bought large caps. It's earnings seasons so not sure how much of a sell off we are going to get until after earnings season.
GeorgiaGirl
Member
QQQ got close enough to the $340 mark to where I think that's it for now here.
So, we saw what I was looking for. The Nasdaq did challenge its record high and actually made it in NDX today (finally making it over that 13.9k futures print), but I'm guessing at least a mild pullback here.
The question now will be is other stuff too broken to allow it to pause this time? Honestly that answer seems to be yes with smalls (even before the JNJ stuff today), but we won't know until it plays out elsewhere.
So, we saw what I was looking for. The Nasdaq did challenge its record high and actually made it in NDX today (finally making it over that 13.9k futures print), but I'm guessing at least a mild pullback here.
The question now will be is other stuff too broken to allow it to pause this time? Honestly that answer seems to be yes with smalls (even before the JNJ stuff today), but we won't know until it plays out elsewhere.
Cleary we are never going to get another red day again. Should just stop asking why and just ride these winners. I did add back some SQ earlier at $270...sold at $274 this morning. $DKNG has been solid, I added to a couple of small caps in hopes they rebound. My spec bio's are very weak still and thinking of just cutting, it's dragging down my strong green days.
I did add to my $FEYE position this morning, small position for shares. I do have Jan 2022 options too that I started up a few days ago.
Needs to get over $20.75 to make a run to $24.
Needs to get over $20.75 to make a run to $24.
GeorgiaGirl
Member
Sellers failed twice today on pushing the Dow harder than it had gone (which was -200 at session lows) and then after that it was showtime by the Nasdaq lol.
$CRWD looks really good. Cyber sec play. Had a great earnings and the sold off with rest of tech in Feb/March. Valuation isn’t cheap but I guess you pay for quality. The 30w reclaim should’ve been automatic buy signal. ?
Storm5
Member
My LGHL and PLTR calls printed today 
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
Dipping my nuts back into NKLA down here in the 10’s. Swing only. Mental stop set
It's a blood bath with small caps. $AMD finally got going, $SQ had a nice bounce back. I sold off all my $APPL today at $134.4, would love to add back at $131'ish. I started a new position in my IRA in XBI. $DKNG is lagging but holding this for the long haul.
I really want to add FUBO again down here. Watching small cap oil as well. Some cheapies floating around this week.
I am wondering if small caps start to bouncd next week. Option expiration tomorrow so large caps being propped up maybe. Although, I don’t see a big sell off in large caps, rates down, earnings have been good.
GeorgiaGirl
Member
If so, it’s the first time this has been the case so far this year. The script of the year has been when the MMs unwind their hedges, it’s been problematic, because they’re hedging for upside. I’m guessing tomorrow will be a down day in SPX, as that’s been a part of this pattern since November (OPEX Friday=automatic down).
Apparently, short interest is up in the Nasdaq though, which is interesting, obviously hasn’t been working outside of yesterday, and can cancel out other things.
Honestly, I’m surprised. I figured an ATH test and then back to $330 in QQQ before options expired as that is where calls outweigh puts this month. But they’re going to let those calls pay out. ?
If so, it’s the first time this has been the case so far this year. The script of the year has been when the MMs unwind their hedges, it’s been problematic, because they’re hedging for upside. I’m guessing tomorrow will be a down day in SPX, as that’s been a part of this pattern since November (OPEX Friday=automatic down).
Apparently, short interest is up in the Nasdaq though, which is interesting, obviously hasn’t been working outside of yesterday, and can cancel out other things.
Honestly, I’m surprised. I figured an ATH test and then back to $330 in QQQ before options expired as that is where calls outweigh puts this month. But they’re going to let those calls pay out. ?
10 yr had a big drop this week which just fueled the fire. If that keeps dropping this won’t stop.
Storm5
Member
drfranklin
Member
- Joined
- Dec 1, 2016
- Messages
- 491
- Reaction score
- 710
the crypto market is insane - I cashed out about a month ago and look what happened - the volume of DOGE on Kraken is even higher than BTC this morning! I refuse to buy DOGE! (am I crazy?)
I'd like to get back into BTC if it drops to < 55K
Love what happened to BTC overnight - almost hit less than 60K
Looking to get into a BTC Canadian ETF (SEC is so slow)
planning to also buy ETH but the price is too high ATM - should have bought less than 2K recently
I'd like to get back into BTC if it drops to < 55K
Love what happened to BTC overnight - almost hit less than 60K
Looking to get into a BTC Canadian ETF (SEC is so slow)
planning to also buy ETH but the price is too high ATM - should have bought less than 2K recently
Last edited:
Jon
Member
Lol. No way I’m touching this at .30 now. The chart just tried to retest .3314 and hit .3303 before going lower. Unfortunately this wasn’t a slow build up but a fast bullish pump much like GME. Remember when people thought GME was hitting $1000? I feel the same way about DOGE....and GME had the help of shorts!
Jon
Member
Since there’s no cap on Doge it will always move up and down, just like any other currency that’s printed. 90% of the word can’t pronounce it. It was made as a joke how is that transferred to reality?
I’m big on BTC although I haven’t bought yet. It’s the most respected and capped. I’m hoping for a dip after the recent hype dies down but maybe it doesn’t happen...since coinbase listed there’s going to be more institutional buying, and maybe it won’t get below 55k again. Not sure.
drfranklin
Member
- Joined
- Dec 1, 2016
- Messages
- 491
- Reaction score
- 710
DOGE is going crazy! BTC to DOGE! when will the balloon pop
the amount of posts on stockwits is insane
the amount of posts on stockwits is insane
Last edited:
Jon
Member
Wow. No words for this move.
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk