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Misc Stock Market

Going to get a weekly save to stop the bleeding for a while. Should get a nice multi-day/week rally.
 
KyloG said:
People are shoving into tech like it's not up 6% from this morning. ?
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That is surprising but it is still 17-18% below the high of just a few months ago and bottoms are very hard to predict. Was the bottom this morning? If so, the full drop would be 23%.
 
When Q's had the great run in early Nov it moved 6% in a couple of weeks....it just bounced 6% intraday and still pushing higher. ATH by Monday...?

I am a little bitter, I sold 2/3 of my positions earlier so missing a lot here. ?‍♂️
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metwannabe said:
It's funny, the markets weren't concerned so much with the invasion but more so with the sanctions and any disruption in the money flow. I say it's funny but if you think about it, it's kind of sad
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Seems to be the case. Clearly, some harsher sanctions were priced in earlier, then the market realized the sanctions levied out were a joke.

I still would be wary on trading this. The bottom could easily fall out tomorrow, or any day as this drags on.
 
Whereas NASDAQ’s current intraday point range today is by far the largest on record (at 860 vs prior record of only 656), it is nowhere even close to the highest intraday % range, which is at least the 17.4% of 4/4/2000. Today’s intraday % range is “only” 7.2%, well under half the record.
 
One of my accounts was down 4.5% at open this morning. Just went green now. Insane.
 
metwannabe said:
It's funny, the markets weren't concerned so much with the invasion but more so with the sanctions and any disruption in the money flow. I say it's funny but if you think about it, it's kind of sad.
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Most of the time, when you get a big snap-down in futures because of a news story, event, geopolitical situation, etc., you get an intra-day reversal, especially after a few down days. It happens like clockwork. If you have the grapefruits to bet the house (with 90% odds of success in your favor), you could be very rich very quickly. One could have taken sp calls at open for pennies on the dollar and retired by 4:00 pm.
 
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