Misc Stock Market

[KyloG]

$AMD breakout...still my biggest holding

 

[KyloG]

Computers ain't dumb...mid-morning low at roughly 11am at $384.30...they took it below at roughly 1pm to clear out stops and then grinded it higher.

 

[severestorm]

more things breaking...

 

[No snow for you]

SNB bailing out CS

 

[Rain Cold]

SNB bailing out CS

Yep. That's why I don't worry too much when they hype up all these bank failures. Anything that is material to the broader economy is just going to get bailed out, 100% of the time.

Everybody is looking for ripple effects and contagion and dominoes. It all ends with bailouts. That's the formula to fix anything that breaks. And when you think it can't possibly work anymore, it still does. And it always will until they change the rules or change the game and implement the next fix that nobody saw coming.

 

[VegasEagle]

 

[severestorm]

Building permits spiked to highest since September of last year.

 

[drfranklin]

ECB raises rates another 50 basis points

 

[KyloG]

Tech probing that 2 month trendline resistance.

 

[KyloG]

Financials still so weak

 

[KyloG]

Nothing like a financial crisis to trigger a big rally in tech

 

[KyloG]

$AMD - trimmed 20% of my position in IRA. $95 was my target.

Tough selling any here as tech seems so strong but a plan is a plan.

 

[severestorm]

New Fed Bank Backstop Has Scope to Inject as Much as $2 Trillion

 

[severestorm]

 

[KyloG]

FRC ripping...all is forgiven is what I am seeing. Can't believe we let these guys do a terrible job at running a bank...cash out millions in stock knowing it's about to crumble and than our govt comes in and rescues them. I should have gone into banking...make a ton of money for doing a terrible job.

 

[KyloG]

FRC was down 40% at one point this morning and now it's doubled up in the same day. People love bailouts..

 

[No snow for you]

And there are the big banks bailing out the regional guys. Crisis obverted.

 

[Metwannabe]

FRC ripping...all is forgiven is what I am seeing. Can't believe we let these guys do a terrible job at running a bank...cash out millions in stock knowing it's about to crumble and than our govt comes in and rescues them. I should have gone into banking...make a ton of money for doing a terrible job.

View attachment 134357

Like meteorologist? Lol j/k

 

[KyloG]

I can't find another setup like this on the Q's over the past 20 years...3 consecutive weeks of a higher high and lower low on the weekly candles. Incredibly difficult...last week at this time we thought we were heading for multiple bank failures with market heading much lower, shorts piled in...now it looks like Q's is going to march to ATH's by end of 2023.

Very difficult market...next week at this time it could be anywhere.

 

[KyloG]

Fed ATM open up for all...

FED: WE STAND READY TO PROVIDE LIQUIDITY TO ELIGIBILE INSTITUTIONS.