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Misc Stock Market

Nasdaq right at the 50 month ema. It broke this ema in dotcom bust, but you had many companies going out of business. It broke it in 2008 when our financial system collapsed....big financials bankrupt. We don't have anyt of that....atleast not yet.

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Fidelity says you can buy physical metals....anyone familiar with this on there?
 
Such fomo on Luna...was looking at this yesterday morning and was going to try it again but chickened out.

Really don't have any fomo on missing a big crypto rip as a whole but Luna is moving so fast.

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uk.news.yahoo.com

A $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest Eggs

(Bloomberg) -- The world’s richest nation is waking up to an unpleasant and unfamiliar sensation: It’s getting poorer.Most Read from BloombergWalmart’s Troubles Should Have Everyone on High AlertA $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest EggsHow an Energy Expert Triggered Vladimir...
uk.news.yahoo.com uk.news.yahoo.com
 
KyloG said:
Such fomo on Luna...was looking at this yesterday morning and was going to try it again but chickened out.

Really don't have any fomo on missing a big crypto rip as a whole but Luna is moving so fast.

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I bought $10 worth. If it jumps back to where it was I'll be rich. But, I figure I'll probably lose it. I also figure the odds of me becoming rich are better than a lottery ticket, so why not.
 
Futures are up nicely but semi's (AMD/NVDA/AVGO) are all down 1-2% and so is Tesla. Going to be tough for the market unless those reverse. Something isn't right...
 
Amazon wrecked
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Rookie question for the experts ..... what happens to my spreads after a stock split ? Should dump them prior ?


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Storm5 said:
Rookie question for the experts ..... what happens to my spreads after a stock split ? Should dump them prior ?


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They will adjust them. You don't have to dump unless you want.
 
Tough day and markets are up solidly. AMD with a intraday megaphone pattern.

Higher highs and lower lows intraday is always tough.

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S&P guts pushed through $3950...which was big resistance. ?‍♂️

I'm down a little today because I traded like a dummy but just watching now. Not chasing this.

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SPY with 6 straight green candles...large cap tech strong (Apple/MSFT/Google) and financials and energy. It's a buying spree...

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Apple buyback starting up soon? It's up $10 from Friday afternoons low....it had no bid last week and now calls are flying and stock straight up.



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Here we go....the only thing I have on that is working is NVDA from $165.50.

Tech looks like it's finally going to catch up to SPY.

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Tech hasn't been able to push through any major resistances for weeks, even months it seems.

$12560 rejected hard 3 times....$12560 rejected hard 3 times....now what about $12050?

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$1345
 
$AAPL might short again if this gets to $148-$150 this week...tough though if they have started their buybacks.

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Can see the levels here better...Q's rejection.

$348....$330....$306...and now $294. I shorted a little Q's at $293.50 just to track. I think it does get through it but just in case....

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NVDA has traded very nicely today...been selling into $168 and adding back on dips. Raising stops along the way.

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Storm5 said:
So blood bath tomorrow ? Turnaround Tuesdays haven't been paying off lately


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My offical forecast- Open +1.5%. Drop to negative 3.5% by lunch. Back to +2% by 2pm. Drill down to negative 1.9% by close.
 
Hopefully we get a small gap down tomorrow, these big gap ups really suck.

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At what point does economics 101 say times up? Is this the leverage to get us to the digi dollar and off the/ away with the US dollar.?


America's stunning $30.4 trillion national debt now exceeds the size of the entire U.S. economy and is expected to total 102% of the US gross domestic product by the end of this fiscal year.
 
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