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Misc Stock Market

Another week of trading left in April but Q's have closed this low on a monthly basis since March 2021.

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Start zooming out on the monthly chart of the Q's....somewhere between the 30-40 month ma is bottom in maybe a worst case scenario. That's $290-$310. $290 would be 30% off ATH's. ?‍♂️


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KyloG said:
TGT is straight parabolic...probably a good short down to $240...but not in the mood. Such a momemtum driven market.

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This was another all time dumb move...could have bought some cheap puts when this was $252. Easily been a 3x trade today and it's got more to fall.

Today's $250's were a $1 yesterday...now they are $5. But no...I thought, let's lotto SNAP calls. ?

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Amazon 2900 break . Gonna fall fast soon . Can't wait puts are banking . Hopefully er sucks


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Really bugs me that TSLA hasn't rolled over....absurdly over valued. Elon's groupies just won't give up...

Apple/TSLA the last 2 large caps that haven't rolled over.

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Googl died

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Storm5 said:
Amazon 2900 break . Gonna fall fast soon . Can't wait puts are banking . Hopefully er sucks


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I just have a feeling Amazon is doing fine. With inflation where it is, people are doing a lot of shopping online to cut costs and also save on fuel. I still think Amazon prime membership is a must. I feel like Amazon is positioned well here. But my gut is probably wrong. Feelings can get you in trouble.
 
TWTR green today...what the heck is wrong with people....just buy anything that Elon's wipes his butt with. So frustrating.
 
Jimmy Hypocracy said:
I just have a feeling Amazon is doing fine. With inflation where it is, people are doing a lot of shopping online to cut costs and also save on fuel. I still think Amazon prime membership is a must. I feel like Amazon is positioned well here. But my gut is probably wrong. Feelings can get you in trouble.
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I'm skeptical. Their last ER was propped up by their RIVN investment which is down over 60 percent since amazons last ER . So unless sales were at an ATH I don't see how they don't report ER under what they did last quarter . I'm wrong most of the time just like in weather


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People usually look like fools(i look more like a wart hog) when they predict the market but my guess is it will be on a downward trend the rest of the year but not so bad as to induce mass suicides.
 
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