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Misc Stock Market

Seasonal downturn imminent. I bought some 3/18 SPY 507p’s. Everything just looks weird out there. TSLA and Apple getting smoked. Everyone piling into NVDA. Not buying this as the new normal yet
 
Jimmy Hypocracy said:
Seasonal downturn imminent. I bought some 3/18 SPY 507p’s. Everything just looks weird out there. TSLA and Apple getting smoked. Everyone piling into NVDA. Not buying this as the new normal yet
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I would love a multi-week consolidation with a sharp pullback. Problems...everyone wants that.
 
I feel like time has definitely expired on the Nasdaq ignoring Apple. It could ignore with it over $180, but no longer makes sense here if it's just going to keep trending down.

And it looks like it'll have help with a friend in Google (Tesla doesn't seem to push the Nasdaq around as much anymore). On that part, sigh.

Edit: I will say though that bad seasonality was supposed to begin in mid February and we've had nothing so far.
 
KyloG said:
I would love a multi-week consolidation with a sharp pullback. Problems...everyone wants that.
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A few big names slipping today. Waiting for everyone to pile in for that bounce and then it not be there
 
KyloG said:
I've owned some CRWD ($140's) for a while now but earnings tomorrow and it's not cheap. I took off 1/2 of my shares this morning. If it jumps big on earnings then I will probably just close my position and wait to buy a pullback. If it plummets on earnings I will just hold my shares and be patient and let things settle and then add some back.

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CRWD blew out earnings…shorts are trapped, I closed my position out at $375. Just a sick move. It’s very over valued still.
 
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