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Misc Stock Market

Yolo poots after the fake rip at the bell ? ? hope they have good WiFi in Barbados ?
 
Bitcoin's suggesting that a lot of the cake may have been baked already to be honest right now.

Like I don't know, if there was still serious fear, it should be down another 1.5-2k points imo. It did spike down a bit on that announcement but what it's doing is just normal for it now.

Maybe it's just waiting for US futures to reopen.
 
GeorgiaGirl said:
Bitcoin's suggesting that a lot of the cake may have been baked already to be honest right now.

Like I don't know, if there was still serious fear, it should be down another 1.5-2k points imo. It did spike down a bit on that announcement but what it's doing is just normal for it now.

Maybe it's just waiting for US futures to reopen.
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It's just went sub 38k not sure how that suggests anything is baked in . Plus this conflict is closer to war today than it was Friday


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Storm5 said:
It's just went sub 38k not sure how that suggests anything is baked in . Plus this conflict is closer to war today than it was Friday


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I have Bitcoin down less than a percent from the Russia news now which is very meh for it in all honesty because it can react a lot harder than this.

But like I said, I suppose it could be waiting for stock futures to start tanking.
 
GeorgiaGirl said:
I have Bitcoin down less than a percent from the Russia news now which is very meh for it in all honesty because it can react a lot harder than this.

But like I said, I suppose it could be waiting for stock futures to start tanking.
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Or maybe you're correct with your assessment. Will be interesting to see what futures do . Down almost 2 percent in Germany


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I fill confident futures will tank tonight and tomorrow will be a blood bath but will it hold for the week? So far this market shows bad news doesn't have the staying power it once did (for now anyway), remember how we never recovered from the COVID crash, yeah me either.
 
Storm5 said:
Or maybe you're correct with your assessment. Will be interesting to see what futures do . Down almost 2 percent in Germany


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There's a Youtube channel called "Invest Answers" that is highly informative about large cap cryptos. He is my favorite person to listen to on crypto stuff. He is very "risk adverse" and provides a ton of actual data pulled from various sources and compiles it in easy to understand presentations.

He is pretty much saying that BTC is at the point right now where all of the short term retailers have sold what they are going to sell and the long term holders (and institutions) are keeping the price in the high $30's-low $40s because they will hold no matter what. I think that is a fair analysis of why we aren't dropping further with all of the negativity going on.
 
Storm5 said:
Or maybe you're correct with your assessment. Will be interesting to see what futures do . Down almost 2 percent in Germany


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

Gapping down tomorrow was what I expected regardless of what happened in Ukraine. This was the options expiry pattern the last two times, for reasons that others would do a better job of explaining.

What happens after is more interesting to me...

If this is what pushes the US market over the brink outside of a day, this was just the final blow to a move toward a flash bear market happening regardless.
 
GeorgiaGirl said:
Gapping down tomorrow was what I expected regardless of what happened in Ukraine. This was the options expiry pattern the last two times, for reasons that others would do a better job of explaining.

What happens after is more interesting to me...

If this is what pushes the US market over the brink outside of a day, this was just the final blow to a move toward a flash bear market happening regardless.
Click to expand...
so is SQQQ or UPRO a better play? Or both lol
 
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