• 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

AMD should be fine tomorrow unless another sell program hits the Nasdaq-100 right at market open (reason why I have that catch here is NXPI had a good earnings report but ended up down due to that sell program), but boy, because of what's been going on, you sure have people doubting this based off my lurking.
 
KyloG said:
One of my biggest positions. It had held $75 multiple times over the past 6 months so I added at $76 a few weeks ago. Don't plan on selling, they almost doubled rev and guided to 50% growth this year.
Click to expand...
I've just got a October 77 call. Hoping it gets over 100 by mid summer
 
$PFE another bio I purchased back in March. Once it cleared $36.50 it opened up a path to $40. Its revenues will be off the charts for the foreseeable future due to its vaccine. It had a nice run from $34-39.80 and now 2nd week of consolidation. I sold a bunch at $39.50 but started adding back today.

FC70926E-5999-420F-8374-4301AA9A73B6.jpeg
 
No position...but market at all time highs and Tesla about to drop below its moving averages. If market pulls back this could get ugly.

B7E98442-66FB-4369-A25B-24CD4836B957.png
 
NDX dumped a little this morning after trying early, which explains most of what's going on today.

At least it's at 14k and not 13k where it is having problems (it had problems around 13k until it broke out last month) but I think it's officially stuck. If AMZN isn't splitting, my guess is that QQQ is going back to $325 next week. The cup and handle idea would be valid there, but given that April was a nice run, what would help cause another run?
 
Into more cash today after $AMD, $MSFT disappointment. Took a lot of profits from the past few weeks and closed some positions. Both AMD/MSFT crushed earnings and sold off...how is $QQQ going to make new ATH's with the best companies blowing out earnings and then selling off.
 
The Dow is OK today given the amount of pressure 3 of the 30 stocks is applying (which is why it's a silly price-weighted index lol) but I'm starting to get frustrated again with what's going on with tech.

Not the first time I've seen the Nasdaq red with GOOG/GOOGL doing very well (if this goes the way it looks like it's going to, this will be the 3rd straight time they were positive with the Nasdaq red after their earnings) but this index is just completely stuck in the mud right now. If the AMZN split rumor isn't true, it's likely going back down...
 
Last edited:
The NYSE advance/decline line looked great (it was 2 to 1) and the S&P couldn't hold its gains, I feel like that's not a good thing.
 
Aaannnddddd Apple seems likely to go green to red based off how XLK is behaving. Unfreakingreal.

I almost think that "they" might be manipulating this stock because if they allow something like that large IHS to play out, that will help drive the Nasdaq forever considering what we have seen before.

Going to end up being a frustrating summer I think. I don't see a crash but we are likely going to be stuck forever in a range.
 
ARKK is -2.1%

Not a great sign that it can't break out and more credence to "it will be a summer stuck in a range", but at least I was able to avoid the FOMO there.
 
GeorgiaGirl said:
Aaannnddddd Apple seems likely to go green to red based off how XLK is behaving. Unfreakingreal.

I almost think that "they" might be manipulating this stock because if they allow something like that large IHS to play out, that will help drive the Nasdaq forever considering what we have seen before.

Going to end up being a frustrating summer I think. I don't see a crash but we are likely going to be stuck forever in a range.
Click to expand...
Damn lizard people at it again
 
GeorgiaGirl said:
Aaannnddddd Apple seems likely to go green to red based off how XLK is behaving. Unfreakingreal.

I almost think that "they" might be manipulating this stock because if they allow something like that large IHS to play out, that will help drive the Nasdaq forever considering what we have seen before.

Going to end up being a frustrating summer I think. I don't see a crash but we are likely going
VegasEagle said:
I saw Apple consolidate at $116 , with earnings in a few weeks.and people perception of not wanting to miss out on big numbers.... I decided to buy the rumor to sell the news
Click to expand...
Long term, Apple should be a very good investment.
Click to expand...
 
Still sitting in more cash today. Nothing exciting about tech right now...$NKE has been doing well for me. Not in many things. I want to see $QQQ close over $342 or test the 21dema of $335 before I get back. Right now it's chop city.

sc.png
 
As of my last look:

ARKK: -2.87%

QQQ: +0.42%

yikes, I thought a nice rally by the Nasdaq would help ARKK a lot more this month based off what happened initially in March, but that answer looks like it's no.

Edit: I have no position, but I've found it interesting to follow what ARKK does at times as an indicator for appetite for risk.
 
EXLA was a big penny mover today, multiple pennies ran over 100% today. Seems things might be trying to heat back up over the past week or two. It’ll be interesting to see if that becomes a trend or just a blip.
 
NDX futures have played ping pong between 13880 and 14000 a bit too much I'm afraid (so it plowing through an important area early this morning isn't that surprising). Probably after the first of the month buying (if there is like there has been for the past few months), it will need to test last week's lows at a minimum...

Unless something really wild happens today, we're set up for an up move in May if it's wanted in the major averages but I doubt it'd be as good as April turned out to be.
 
$CPSL former $AWGI with the big ticker change spike. Happens a lot because people can't sell their shares during the transition. I've been loading on dips and selling on bounces for months on that one. $kosk same deal load dip, sell bounce
 
VegasEagle said:
Click to expand...


Everyone panicking about the capital gains rate proposals are the ones that will never be affected by them. Sad. The majority of the wealth is owned by the top few in this country, that won’t change unless you make the person making 500k pay more than 15%, the same rate single teachers pay on capital gains. Also Biden closing the inheritance loophole will help. Unless you have a problem with billionaires paying no taxes on their fathers stock holdings....(who ALSO never payed taxes on them because the gains were never realized)
 
Jon said:
Everyone panicking about the capital gains rate proposals are the ones that will never be affected by them. Sad. The majority of the wealth is owned by the top few in this country, that won’t change unless you make the person making 500k pay more than 15%, the same rate single teachers pay on capital gains. Also Biden closing the inheritance loophole will help. Unless you have a problem with billionaires paying no taxes on their fathers stock holdings....(who ALSO never payed taxes on them because the gains were never realized)
Click to expand...
The wealth gap won't go away even if you raise the cap gains tax to 60% for them. I guess maybe everybody else will feel good about it, though.
 
Rain Cold said:
The wealth gap won't go away even if you raise the cap gains tax to 60% for them. I guess maybe everybody else will feel good about it, though.
Click to expand...

Step-up in basis loophole closure will help more. But yeah as long as capitalism exists the wealth gap will, but we can try and make it not so gappy.
 
Jon said:
Step-up in basis loophole closure will help more. But yeah as long as capitalism exists the wealth gap will, but we can try and make it not so gappy.
Click to expand...
If you really want to move the needle, you need to develop a sound monetary policy. We won't. But more importantly, you need to break the connection of the wealthy to the political process. That's the primary issue. They influence policy, and policy benefits them. That's not going to happen either. So, we're left with emotionally-driven show-boating and window-dressing.
 
You must log in or register to reply here.
Back
Top