• 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

Financials have held up well past few months with the prospect of rate hikes but neg divergence is showing up now.

6666B775-D56D-493B-BBFD-A2151CB52D25.jpeg9E6555EA-5A33-4B45-BE52-BBB045C9298B.jpeg
 
Does tech break up and out this week. Should get a death cross this week. Should be another wild week.

8DE75E0F-6AAA-45A3-83B3-DC9FFA49D117.jpeg
 
Storm5 said:
So the market rallied when the sanctions came out and were not very strong .IF Russia is kicked out of swift what will they . They alone has far reaching impacts outside of Russia . Thoughts.


Sent from my iPhone using Tapatalk
Click to expand...
Swift sanctions are what the market was afraid of. The last two days traded as if those are off the table. So those are not priced in.
 
Man are y'all typing while riding a bicycle on train tracks?? Lol

If Russia gets kicked out of swift, the market will drop and then "realize" it's not the end of the world like everyone will say ot is.
 
Storm5 said:
So the market rallied when the sanctions came out and were not very strong .IF Russia is kicked out of swift what will they . They alone has far reaching impacts outside of Russia . Thoughts.


Sent from my iPhone using Tapatalk
Click to expand...
I’d expect a short term drop based on it. May not last, though
 
7aba81ebfc4c3a022d8db8b9ba7786ee.jpg

12735faa711e5e3501cc0c6443d9ff57.jpg


Lots of news ongoing


Sent from my iPhone using Tapatalk
 
Storm5 said:
Obviously take with a grain of salt . But this was -39 two hours ago and now it tanked
3232b97918b6b7162adb28f053aaab83.jpg



Sent from my iPhone using Tapatalk
Click to expand...

This is the first time I’ve ever seen a stock index quote during the weekend before Sunday evening. I wonder how this is calculated. Anyone know?
 
GaWx said:
This is the first time I’ve ever seen a stock index quote during the weekend before Sunday evening. I wonder how this is calculated. Anyone know?
Click to expand...

This is lightly traded when futures aren’t open.

That’s about all I know. Most just look at it for kicks and giggles. I use the website to have the Russell 2000 futures up in another tab at nights when futures do trade (I know, I really shouldn’t…).

Bitcoin is more interesting for me and I feel like it has been moving a touch more than a couple of weekends where I’ve given it a glance here and there. There were a couple weekends where it pretty much did nothing at all until Sunday night.
 
GeorgiaGirl said:
This is lightly traded when futures aren’t open.

That’s about all I know. Most just look at it for kicks and giggles. I use the website to have the Russell 2000 futures up in another tab at nights when futures do trade (I know, I really shouldn’t…).

Bitcoin is more interesting for me and I feel like it has been moving a touch more than a couple of weekends where I’ve given it a glance here and there. There were a couple weekends where it pretty much did nothing at all until Sunday night.
Click to expand...
Sounds like it's a stock market for degenerates. How do I sign up?
 
The only scenario I see that could trigger a big sell off is if Putin brings out the nukes. Of course our screwed up market probably rallies on that.
 
Storm5 said:
I just don't understand the mentality that out market will just go up regardless of news


Sent from my iPhone using Tapatalk
Click to expand...

Past 12 years if you loaded up long when Q’s tagged the 100wema you would be crushing it. People know if you buy every large dip it will get rewarded.

Looking at that chart it seems $318 low won’t be hit again. It’s time to buy every dip aggressively.

6625ECA5-76D1-453A-8162-9A82A1460D88.png
 
Storm5 said:
I just don't understand the mentality that out market will just go up regardless of news


Sent from my iPhone using Tapatalk
Click to expand...
It's not logical, if you look at historical market function and behavior. But I think a lot of regular traders/market participants fail to take into account several highly impactful things that are at play with markets today that didn't used to be:

1) Passive investing. Broad ETFs that soak up shares.

2) Central Banks. Easy money and liquidity excesses for many years have fueled speculation market ascension.

3) Mechanical trading. Algorithmic trading has become widespread and exacerbates moves in both directions. Creates a huge opportunity for manipulation.

4) Ease of market manipulation. Stoke the algos, move the markets creating a positive feedback loop that fuels investor sentiment and further market increases.

5) Plunge Protection Team. Or whatever you want to call it. Can easily buy illiquid futures at off-hours to activate #4 and turn the tide.

6) Unspoken mandate. The market has become the symbol of economic health. The directive has been to elevate markets at all costs. Frequently using #4 and 5 above.

7) Investor conditioning. This is not new, but against the backdrop of all the others, it creates an extended sense of FOMO, TINA, and that the market will only move up. Excessive speculation and risk-taking remains in place in the face of historically poor fundamentals.

It will end when they (governments) are ready for it to end. That's when #7 will reverse. My guess is that they want to have more control in place first. You've seen some pretty giant steps toward that objective with the Covid situation. They've created a monstrosity of a market and a financial system. Neither can be maintained in perpetuity. You need to have control well in place before you can allow either or both to significantly degrade. This is why you will see more social unrest, pandemic-like issues, and geopolitical events. My advice is, strap in.
 
A nuke could be launched toward New York and before it got leveled, the S&P would be up 2%.

In all seriousness, I would not be surprised if futures were useless again tonight and early tomorrow morning. They were pretty ugly early Friday morning and about 6 hours after they were as ugly as they were (as I was asleep when they were ugly), I was shocked (it's crazy how similar Friday was to 12/6/21 at least for me, early in both sessions I was a little up in arms about tech lagging and then later the Dow had me pretty surprised).

That's my feel (I think my breaking point would be -2%, -1% would be a normal retrace and it's close to what happened early on Friday) and I'm still probably going to have the Russell 2000 up in another tab because I've become a degen. But I'm more interested in what happens to the ruble. Hopefully the speculation I've seen is true (the ruble may half when currency markets open again), because if it is, it's a big-time blow.
 
Storm5 said:
We Weill open red , all this news seems different but I will 100 percent dump all my pits at open and go long for the face melt


Sent from my iPhone using Tapatalk
Click to expand...
Futs were down 1.5% Friday pre market and we saw how that closed. Our clown shows of a market rallies on chaos.
 
KyloG said:
Futs were down 1.5% Friday pre market and we saw how that closed. Our clown shows of a market rallies on chaos.
Click to expand...

Totally agree . I expect something like Thursday though not that red . Where it opens red and then rips . Market always seems to do the opposite of what everyone says . So if it's red I'm dumping puts . It's funny watching both bears and bulls give their cases for tomorrow as to what will happen . Listening to both sides and there is at least a 15 percent spread


Sent from my iPhone using Tapatalk
 
You must log in or register to reply here.
Back
Top