Sold half at $15.50 and will sell the rest at $15.75 or $15.30....whichever comes first. I am in scalping mode. I bought $STIC at $11.40 in PM too and sold that $11.80. In and out. I think more pain in March for the market.
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Misc Stock Market
- Thread starter ForsythSnow
- Start date
Sold half at $15.50 and will sell the rest at $15.75 or $15.30....whichever comes first. I am in scalping mode. I bought $STIC at $11.40 in PM too and sold that $11.80. In and out. I think more pain in March for the market.
Don’t check your 401k’s for a while after today
Yep going to be a bloodbath in some of these small names. Mvis probably going back into the single digits. Forget about Marijuana plays for a while. Going to get really ugly probably. But it will present some good buying opportunities.....hopefully.
Any sales I should be looking for today? Looking to establish some some solid long growth positions before the end of the week.
GeorgiaGirl
Member
Serious chance you're going to see smoke about YCC today in a couple hours, even if they don't actually really want to do it and from the things I see, many will be ****ed when announced (there are many short treasuries and it looks like in tech, the thoughts that it was retail that was net short was likely wrong).
But if not, this here is an absolutely massive market risk:
Edwin Dorsey on Twitter: "ARK Invest trades just posted. https://t.co/kZVTdP6BlW" / Twitter
I haven't looked since this weekend but they have to be just about out of all of their big caps, and what's going to happen if everything keeps dropping? They have to sell Tesla and the mid/small cap stuff. Nuclear bomb type stuff.
But if not, this here is an absolutely massive market risk:
Edwin Dorsey on Twitter: "ARK Invest trades just posted. https://t.co/kZVTdP6BlW" / Twitter
I haven't looked since this weekend but they have to be just about out of all of their big caps, and what's going to happen if everything keeps dropping? They have to sell Tesla and the mid/small cap stuff. Nuclear bomb type stuff.
Thor
Member
What sector are you targeting?
All sectors
I will say this about MVIS...the mm's are highly manipulative. Tough to get orders filled...they yank the ask up anytime a bid is placed. I had to place stop/buys above the ask when it dipped.
No idea brotha! I'm mostly in cash right now.
GeorgiaGirl
Member
OOF
The Vol Plateau on Twitter: "$ARKK billions lost at the top: https://t.co/yPhcYluW7Y" / Twitter
Major inflows usually don't work out well. Billions have been lost.
In fact, to add onto that, there was a lot of inflows in February in general.
The Vol Plateau on Twitter: "$ARKK billions lost at the top: https://t.co/yPhcYluW7Y" / Twitter
Major inflows usually don't work out well. Billions have been lost.
In fact, to add onto that, there was a lot of inflows in February in general.
VegasEagle
Member
Maybe, Apple ?!?
That's how @Rain Cold rolls
GeorgiaGirl
Member
I think we're close to this tech stretch being over based off this thing that I saw trending:
Now, let's put on our thinking caps...do we really think that you're going to see a trend the way many are seemingly starting to expect? That answer is no lol so if this isn't all she wrote in tech, I'd be looking for this morning to have been a selling climax (find out by the end of the day). Still could see QQQ at 303 though and it wouldn't surprise me, then it'll likely be a couple months and we'll find out it's back at its old ATH with not as much attention being paid.
Now, let's put on our thinking caps...do we really think that you're going to see a trend the way many are seemingly starting to expect? That answer is no lol so if this isn't all she wrote in tech, I'd be looking for this morning to have been a selling climax (find out by the end of the day). Still could see QQQ at 303 though and it wouldn't surprise me, then it'll likely be a couple months and we'll find out it's back at its old ATH with not as much attention being paid.
Looking at previous big corrections...2018 we had a 30% correction and then bounced hard. If we had a similar correction this go around that puts us at $293 on the QQQ which is last summer high weekly support.
GeorgiaGirl
Member
When you have all bears.
That usually does not work out, which is why I'm looking for this to slow down soon, and believe it or not, we're getting to where it's mostly bears already.
Although it remains incredibly strange that the Dow has essentially gone absolutely nowhere after the first week of February. As it took a very hard shot in September itself and here it is, outside of a false breakout, just hanging around 31000-31500 and bouncing around there for weeks pretty much. Does it need an overdue move lower itself? Or is it just trying hard to correct via time?
That usually does not work out, which is why I'm looking for this to slow down soon, and believe it or not, we're getting to where it's mostly bears already.
Although it remains incredibly strange that the Dow has essentially gone absolutely nowhere after the first week of February. As it took a very hard shot in September itself and here it is, outside of a false breakout, just hanging around 31000-31500 and bouncing around there for weeks pretty much. Does it need an overdue move lower itself? Or is it just trying hard to correct via time?
Bought 110 shares of TQQQ at $80. Couldn’t pass it up. Long