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Misc Stock Market

Seasonal downturn imminent. I bought some 3/18 SPY 507p’s. Everything just looks weird out there. TSLA and Apple getting smoked. Everyone piling into NVDA. Not buying this as the new normal yet
 
Jimmy Hypocracy said:
Seasonal downturn imminent. I bought some 3/18 SPY 507p’s. Everything just looks weird out there. TSLA and Apple getting smoked. Everyone piling into NVDA. Not buying this as the new normal yet
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I would love a multi-week consolidation with a sharp pullback. Problems...everyone wants that.
 
I feel like time has definitely expired on the Nasdaq ignoring Apple. It could ignore with it over $180, but no longer makes sense here if it's just going to keep trending down.

And it looks like it'll have help with a friend in Google (Tesla doesn't seem to push the Nasdaq around as much anymore). On that part, sigh.

Edit: I will say though that bad seasonality was supposed to begin in mid February and we've had nothing so far.
 
KyloG said:
I would love a multi-week consolidation with a sharp pullback. Problems...everyone wants that.
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A few big names slipping today. Waiting for everyone to pile in for that bounce and then it not be there
 
KyloG said:
I've owned some CRWD ($140's) for a while now but earnings tomorrow and it's not cheap. I took off 1/2 of my shares this morning. If it jumps big on earnings then I will probably just close my position and wait to buy a pullback. If it plummets on earnings I will just hold my shares and be patient and let things settle and then add some back.

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CRWD blew out earnings…shorts are trapped, I closed my position out at $375. Just a sick move. It’s very over valued still.
 
CLSD has spiked nicely....... up another 13% today earnings today going to close some and hope for a reentry 1709756378073.png
 
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gap closed on the NDQ .. dow seems shut out on the 9 day would love to see a lower high on NDQ SOXS dragged me down today

watching BNKD to break the 9day moving march 11th coming fast
 
Tradeveiw showing a huge gap up on all 3 investing shows them minus slightly red
 

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This was the only answer I've found
For anyone who cares.. was new to me
 

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The American Dream. The generation coming along now is the first in line that will never have the opportunity to achieve this. We have wrecked it for them. As I sit here and watch all the 80 year olds in govt, both political parties. I cant help but think of the damage they have left behind and how irreversible it is. They will all be pushing up daises here soon. But my kids and yours will be left paying the price for the many mistakes theyve made.

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NCSNOW said:
The American Dream. The generation coming along now is the first in line that will never have the opportunity to achieve this. We have wrecked it for them. As I sit here and watch all the 80 year olds in govt, both political parties. I cant help but think of the damage they have left behind and how irreversible it is. They will all be pushing up daises here soon. But my kids and yours will be left paying the price for the many mistakes theyve made.

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As I've said to everyone, the American dream is just for Boomers and is dead for everyone else. The younger generation is suffering and the answer isn't work harder it's fight to survive. Greed destroyed it. No business should own people/homes the way they do nor should the value of a house skyrocket nationwide like it did. We need a crash that brings those giants down.
 
ForsythSnow said:
As I've said to everyone, the American dream is just for Boomers and is dead for everyone else. The younger generation is suffering and the answer isn't work harder it's fight to survive. Greed destroyed it. No business should own people/homes the way they do nor should the value of a house skyrocket nationwide like it did. We need a crash that brings those giants down.
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In other words it’s time to eat the rich 🍽️ ! I call dibs on @Jimmy Hypocracy
 
Jimmy Hypocracy said:
Nikkei down nearly 3% this morning. Oof
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I closed soxs @ 7% should have held little longer decided to hold to see on CLSD its looking good ATM but hope we can break this dreaded $1.70 range LAC has done well first time playing a cup and handle or what I assume was one. semi SOXL looks like a double top and head and shoulders look on the 1hr
NDQ 1710166234299.png
 
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semi conductor still showing a possible head&shoulders trying to break the 200 on the hr charts 1710341179745.png
 
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Just putrid inflation numbers yesterday and today and now we getting another nice gap up...right into ATH's.

This market is getting just a little ridiculous, it's tough to stay long here, SPX has been straight up since mid October. But, I am long until market does something that says I shouldn't be.

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was thinking down to break the trend test the 200 on hr back to retest trend resistance then down we go
 
I did lighten up a lot on my longs when SPX took out yesterdays low and I added some SQQQ as a swing at $10.85.

I won't add back longs unless SPX closes above 5180. This market needs a prolonged correction...hard to come by though.

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