• 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

That Google news is essentially rehashed stuff from last week and came at a convenient time (lunchtime) for someone to hammer the entire market with a big sell (you had a -1100ish TICK off it).

It isn't as powerful as using Apple (although I suppose the idea here would be to use it to buy time and pray TSLA craps the bed so you can go off the wind of them getting hammered and pound the Nasdaq back into the downtrend) but it's clear that the Nasdaq has big guys squirming this week. It shouldn't have broken the downtrend, but it did and clearly has folks off balance.
 
Shorted some Q's at $302.1....stop at $302.40. I really don't like shorting when I am near term bullish but swing trade might work down to $300.

Screen Shot 2022-07-20 at 1.59.16 PM.png
 
Oscillator over 50...overbought for sure but that doesn't mean it can't go higher. Might see some divergence soon...osc falling and tech still going up.

sc.png
 
I closed SHOP swing from $34 to $37.80 yesterday but on watch. If it closes over $40 it can fill the gap fast.

I will add back on dips over the coming days, if it dips.

Screen Shot 2022-07-21 at 8.33.41 AM.png
 
Futs ripping...ECB hiked rates .5% which I guess is bullish for US markets.
 
Apple with 2 red candles in the past 3 weeks. Geez....

My son told me to buy Apple in the low $130's and I told him..."no, it's going to $120, I will buy it there in my long term account". ?‍♂️?


Screen Shot 2022-07-21 at 9.12.38 AM.png
 
You can feel the buying pressure building a bit the past few weeks. I think its just pent up investors dying to get back in the game. Any bit of positivity and we could have a nice bull run but unfortunately hasn't been enough of that lately.
 
NFLX had mediocre earnings and took off....TSLA missed earnings, would have been FCF negative without selling it's BTC and we get this response. Next week going to be nuts with big tech reporting.

Screen Shot 2022-07-21 at 10.00.19 AM.png
 
Added $META at $179.20 on the back test of trendline breakout. Already sold 1/3 at $182.90, stop low of day so it's a free trade now.... it wants higher.

Screen Shot 2022-07-21 at 10.02.19 AM.png
 
Semi's led things down and now are leading things back. GOOGL/MSFT are lagging but if market wants to go higher they will need to start contributing. MSFT starting to get tight...

I added shares of $GOOGL at $112 and have bids down to $110. I got stopped out last week but made some money this week...no denying the relative weakness but hoping it get's going.

Screen Shot 2022-07-21 at 10.20.49 AM.png
 
Just straight up last 3 days . Wonder if we get a pullback tomorrow or if they pump it more heading into tech ERs next week


Sent from my iPhone using Tapatalk
 
Q with the red dongs after hours. Snap spooked market. Overnight crash incoming. Puts will print. Jk green by open.
 
agreed. We cleared a lot of resistance this week. I don’t see a big drop in the cards
I'm hoping for a 2% drop by EOD Monday. Should be enough for me to get out of my puts for a little profit. My only reasoning behind this is people will sell the run this week before big earnings next week. I have no scientific reason behind doing this, just a tingling in my balls. Could be testicular cancer. Who knows.
 
agreed. We cleared a lot of resistance this week. I don’t see a big drop in the cards. Any gap down will be eaten alive
I think we rally through August and then seasonality takes over midSept into October.

But, do think we test $296-$300 in Q’s before next leg higher.
 
Semi's led things down and now are leading things back. GOOGL/MSFT are lagging but if market wants to go higher they will need to start contributing. MSFT starting to get tight...

I added shares of $GOOGL at $112 and have bids down to $110. I got stopped out last week but made some money this week...no denying the relative weakness but hoping it get's going.

View attachment 120076

MSFT working…looks like that trendline gets taken out today or early next week.

Google been a real pain but I am sticking with it.

F55E202C-E6B3-4A64-B71B-32BB2A0703AB.jpeg
 
Back
Top