I got drilled this week
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Misc Stock Market
- Thread starter ForsythSnow
- Start date
Mahomeless
Member
Ford is a massive buy at this point.
Storm5
Member
So is google
Windergawx
Member
need to break the 9 day on the 4hr and this will be a good short on the dow 
Windergawx
Member
Windergawx
Member
just opened under if retest and wicks back 
What a pump these past couple weeks. Gaps everywhere left behind. Won’t end well
Windergawx
Member
Windergawx
Member
Well that was wrong ?
Retail traders have been bent over going on three weeks now
severestorm
Member
This all feels like a Hollywood movie
MORE THAN 90% OF OPENAI STAFF THREATEN TO QUIT OVER ALTMAN EXIT
MORE THAN 90% OF OPENAI STAFF THREATEN TO QUIT OVER ALTMAN EXIT
Windergawx
Member
still short and added today feels like a dice roll.... still think we are pulling in retail traders 
Prestige Worldwide
Member
Sure things in life: death, taxes, and buying puts in BOIL every November and December. Easy money
NCSNOW
Member
Warren Buffett selling $28.7 billion in stock rings alarm bell over economy
Buffett's Berkshire Hathaway has sold $28.7 billion in stocks during the first three quarters of 2023. Why?
www.newsweek.com
Mahomeless
Member
Anybody follow?
Thor
Member
Didn't do as much Day Trading this year but my long positions I feel really good about. Can't sell them because of tax implications before end of year but still, solid year for me.
Windergawx
Member
why buy and hold in and out money up money down
ForsythSnow
Moderator
Please remember to keep the political attacks out of this thread. Keep it civil and about the market, not about political figures.
Leave Milk And Cookies
... but don't believe; Santa is mythical, of course.
The market, that is. Santa appears to be here, with a ~13 handle overnight move. Am I supposed to be surprised? No. But the yield inversion continues to be nasty, with the TNX under 40 this morning and the IRX at 52.2.
Its always a sign of strength of the economy when the 13 week T-bill trades more than a full point of yield higher than 10 year money.
But... but... but... who says,, time is valuable?
Some time is just more valuable, obviously!
I guess somebody did put time in a bottle.
Need to have gray hair to appreciate it ~
Sold Too YOU!
... but don't believe; Santa is mythical, of course.
The market, that is. Santa appears to be here, with a ~13 handle overnight move. Am I supposed to be surprised? No. But the yield inversion continues to be nasty, with the TNX under 40 this morning and the IRX at 52.2.
Its always a sign of strength of the economy when the 13 week T-bill trades more than a full point of yield higher than 10 year money.
But... but... but... who says,, time is valuable?
Some time is just more valuable, obviously!
I guess somebody did put time in a bottle.
Need to have gray hair to appreciate it ~
Sold Too YOU!
severestorm
Member
Wow!
thehill.com
Nike to cut $2B in costs, including layoffs, due to predicted decrease in consumer spending
Nike announced it will cut costs by $2 billion over the next three years on Thursday, including layoffs, amid a “softer second-half revenue outlook” for early 2024. The shoe manufacturer said it an…
thehill.com
What a great 2023...my best year ever, mainly because I did tech all year. I did go all cash mid-December as I was traveling over the holidays and didn't want to watch. But SPX ended the year 9 weeks up in a row and the last time it did that was over 20 years ago. Needless to say I am going to stay all cash probably until mid-January and then assess.
I expect a good year for the markets this year but not nearly as good as 2023 nor as easy. I expect a lot of chop and mis-direction and it will be much more difficult to make money. My plan as of now is not to buy strength, last year you could...and wait for sharp pullbacks to to buy, which I think we get a lot of.
I expect a good year for the markets this year but not nearly as good as 2023 nor as easy. I expect a lot of chop and mis-direction and it will be much more difficult to make money. My plan as of now is not to buy strength, last year you could...and wait for sharp pullbacks to to buy, which I think we get a lot of.
Windergawx
Member
CLSD has
been on my radar for sometime. look into this company would be a long play
been on my radar for sometime. look into this company would be a long play
I got smoked on options to close the year. That SPY 410 to 475 move was just disgusting
Windergawx
Member
we went on vacation and i left my shorts opened.. lol just now even from back on dec 15th
Windergawx
Member
Windergawx
Member
Kylo try inverse etf's
Like Sdow
Like Sdow
They’ll throw a magic upper wick soon don’t worry.
severestorm
Member
Would be stunning to see 30k employees laid off with the intent of AI being the reason. That’s 15% of it work force. I’ve said this before but technology shifts create tech jobs not destroy them.
severestorm
Member
GPT has coding in it. Only thing it really needs is you to ask it the question a certain way and with certain parameter's and the program can write the code itself and perform instant data analysis and visualizations. It can walk someone step by step on Github.
Can someone that doesn’t understand code, data analytics just blindly use AI?
AI will change how we work.
severestorm
Member
Actually yes. And GPT can teach you. I'm using it to learn Javascript and it's easier than taking a class IMO
Exactly ?
severestorm
Member
That doesn't mean jobs are gained though domestically. You can hire a foreign worker in India at a much lower rate now to write code that takes a fraction of the time it did before. I even expect my rate to decline with AI to compete internationally.
Tech companies tried the “let’s hire cheap labor” in India thing and it blew up in there face. All the workers did was use big tech to get “paid training” and then they left for higher paying jobs immediately.
We still don’t know how AI will evolve, we got a ways to go before that’s determined.
severestorm
Member
I worked for one of the biggest Indian tech firms in the world. I know what i'm talking about.
I'm still all cash in my swing accont and I lightened up in my IRA as I really thought we would see a larger pullback in January but so far I am wrong. Nasty looking double top on the SPX and negative divergence is glaring. NVDA is single handily keeping this entire market up...how long can that last...
Or, maybe I am just wrong and SPX pushes through ATH's and market takes off in which I will have to chase.
Or, maybe I am just wrong and SPX pushes through ATH's and market takes off in which I will have to chase.