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Misc Stock Market

$SNOW is the measuring stick for high valuation/growth and risk on...double bottom off $112, it's above it's 50dema. Have the high valuation/growth names given up enough now....

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$RBLX is another one of those trendy high valuation/growth names. It's up 80% off it's lows, retail loves this.

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S&P and DOW down big and tech up nicely. These divergences don’t last…something going to give.

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What is scary to me is this recession was so transparent and everyone should of known this was coming for 6+ months. My fear is what do not know and when is it coming. Maybe the Fed pivot comes before the really break something but if we get an inflation reading of 7+% again for June, they can't pivot and the market trying to front run fed rate cuts is going to have a problem.

Edit: Recessions in the US are very rare compared to many other countries. We really have to mess it up for a recession to happen.
 
First swing trades in a couple of weeks. I have $LCID at $17.44, AMD at $73.70 and $GOOGL and $2245.

LCID is a sympathy swing off RIVN which announced solid deliveries. $RIVN looks good too.

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I tried XBI a few weeks back at $70 area, got stopped out and never went back. Looks great.

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Scared to trim anything...day 3 up but it's breaking out.

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Bitcoin with another flag built...I think this time it may reverse higher, atleast in the near term. I don't think this is the bottom for 2022/23 though.

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Still not a whole lot of inventory in my neighborhood but the houses are still selling fast and for crazy high prices. These were the last 2 that went on the market last week.


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I closed $LCID yesterday but still have $AMD/$GOOGL on today. And i have AMD in my long term account.

AMD was down 35% over the past months while the Q's were down about 15%. Semi's led tech down but I think it could lead it back higher and out perform the Q's. Atleast in the near term. This year is going to be rough still.

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$AMD ripping...Samsung had solid earnings and guidance.

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Q's with a break of a long running trendline. A gift from god is when get a backtest of this in the next couple of days.

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Swing $META from $168.4...stop at $166.70. If it can get through $170 it can see $175 fast.

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probably should trim some $AMD from my swing account but I think it has more room to run

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I did trim 1/3 of $GOOGL here at $2340 from $2250. Split is next week...so want to keep some on. Have raised stop to just under $2300.

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$META with text book channel...breakout says $185 possible. I trimmed some here as I was way to big.

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KyloG said:
First swing trades in a couple of weeks. I have $LCID at $17.44, AMD at $73.70 and $GOOGL and $2245.

LCID is a sympathy swing off RIVN which announced solid deliveries. $RIVN looks good too.

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Closed $LCID here at $19.50. I think $20 could get taken out but picked up yesterday at mid $17's...it's enough for me.

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Yields up, energy up…tech up…everyone wins today.

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Maybe this rally needs a breather…when you see people chasing GME here. ?

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Closed out Google here at $2379 from $2250. Was planning to hold but I may just buy options for a couple of weeks out if it dips.

This is day 4 up in the markets.

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Only new position of the day is $COIN at $56.60. Not very big position but chart looks really good.

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I think $Q's can test that $310-$312 area. Tough to imagine it getting through that... economy/world still has some major problems.

Closed LCID/GOOGL today....sold 1/3 of AMD and 1/3 of META. Added small COIN. Been a great couple of days. CPI next week.

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Whoops...they announced CFO departure and layoffs after close so stops don't hit. This is such a cold blooded company.

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I have way to much $META.....I sold some into the close yesterday and bought it back and then some in the mid $168's. Feel like early next week we could see it finally get through $172 with power. Nice tag of the 8dema this morning and bounced where it had to.

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Been a long time since Q's got through it's 50d SMA. It's pierced it today...let's see if it can hold. Would expect some sort of sharp pullback on the first try but we will see....

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