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Misc Stock Market

Everyone selling everything to pile into NVDA....this isn't going to end well

I am super light right now...I closed a lot of positions, this isn't healthy at all.
 
I am 100% cash...sold ARM for a nice gain, been holding for a week or so and scalped GME today for a quick few $. I was light today anyways but sold rest.

PCE on Friday and I think that will need to be good to make new highs.

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I bought the heck out of this dip today...not often we get a 1% gap down in the Qs. I also added Tesla at $175. It hasn't done anything in 4 years...summers can be bullish for Tesla, I hope, atleast that's what I am telling myself.

Note...the weekly macd cross is nice.

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I bought the heck out of this dip today...not often we get a 1% gap down in the Qs. I also added Tesla at $175. It hasn't done anything in 4 years...summers can be bullish for Tesla, I hope, atleast that's what I am telling myself.

Note...the weekly macd cross is nice.

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Still have Tesla from $175...looks good to me. Going to try and let the shares work.

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SPY gap filled today...right at it's 20dema...I added some today on this dip. I'm not super long on anything though.

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These megaphone patterns are very difficult to trade against....higher highs and lower lows. Can't buy strength have to trim into any.

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Been watching SMCI for awhile. Started position at $802 this morning.

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Nothing working for me...stopped out...back to 100% cash. Ugly looking market. Of course everytime I start to think that it rips higher.
 
Brutal bearish engulfing candle. Bears are clearly in control.

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One of the craziest days I've seen in a while...they absolutely flushed so much today and then ripped it hard into close.

I put some SPY back on when it reclaimed $521.50.

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One of the craziest days I've seen in a while...they absolutely flushed so much today and then ripped it hard into close.

I put some SPY back on when it reclaimed $521.50.

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I closed out this when $525 gave. I got no swings on right now.

Past couple of weeks of price action is what you see in bear markets or bearish periods.

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I’ve been fairly quiet the past week or so. Bought back some TQQQ today in low 67’s and also nibbled some GME today.


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I closed GME at $31 last night...I wasn't going to wait for another pre-market sell off. Obviously market ripping with CPI coming in light...Jay this afternoon.

Tesla looks real interesting...it's tough with Elon's pay package vote soon. If that fails this could really rollover.

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Apple: holy sheet. Up 7% today to a record high 207! AI!
Apple up another 4% today and a total of 11% the last two days to 216! After lagging other techs badly for several months, it has come back bigtime the last month.
 
Got it right around the time of this post on SHOP. Up almost 15%. Sure looks like it has room to run, but thinking of locking in gains before a pull back...

I sold my shares into $61.50 last week...like a dummy. I should have been a little more patient. I think $70 is on the table the next 2-3 weeks.

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Been busy with work so just been in Qs/SPY past 2-3 weeks. I actually bought NVDA last night when it dropped to $116 and closed it out today at $124. July is usually very bullish so going to be a lot more active the next few weeks.

I do think sometime between mid-Aug into the election we could see a significant prolonged correction, like last year.

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I want to like Tesla...it's been trading sideways for sometime but just needs a bit of good news to send this running over $200. Earnings in a few weeks...if it can even report a mediocre earnings with OK guidance that would be enough to send this running.

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I want to like Tesla...it's been trading sideways for sometime but just needs a bit of good news to send this running over $200. Earnings in a few weeks...if it can even report a mediocre earnings with OK guidance that would be enough to send this running.

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I did a few TSLA this morning as it pushed through $188...I am going to give this until earnings to see how it works. I have a stop but it's generous.

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I did a few TSLA this morning as it pushed through $188...I am going to give this until earnings to see how it works. I have a stop but it's generous.

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Sold my Tesla here at $202...thats enough for me from $188'ish. I probably should hold as it's probably headed much higher but got enough other things working.

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Ford is such a $ maker....range bound for years.....can easily turn 60-100% profit in a year buying under $11.90 and selling over $13.20. Enjoy!!
 
Been a great summer...everything seems to be working. I took a small caps position today into CPI. Something going to give soon on small caps...

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SPY with a daily RSI of 80...thta does make me worry but we got such a big binary event. That could trigger a short term top or could trigger a big squeeze higher resulting in a blow off top.

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Been a great summer...everything seems to be working. I took a small caps position today into CPI. Something going to give soon on small caps...

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IWM hit...one of my biggest trades of the year. I closed it out here at $210...that was my target. Tech is getting ran over which is causing SPY to be heavy. We haven't had a day like this...Q's super weak and IWM super strong...in some time.

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I am 80% cash right now and plan on staying there..I don't think this is the top for the summer. But at my highs of the year and going to wait and watch.

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IWM hit...one of my biggest trades of the year. I closed it out here at $210...that was my target. Tech is getting ran over which is causing SPY to be heavy. We haven't had a day like this...Q's super weak and IWM super strong...in some time.

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This was a good call. I bought a few puts on IWM at close today expiring next Friday. No way this doesn’t drop after running 10% in a week right?

Probably should have just lit the money on fire. 🤡
 
Nasty price actioin the past couple of days...Qs getting chopped and then flushed today. IWM/DIA went parabolic...market is a total freakshow right now. Luckily I got stopped out of a lot of stuff yesterday and today was a complete flush so didn't buy any dips.

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SHOP with an ugly bull trap...I exited a couple of weeks ago.

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I own CRWD in long term account $150’ish avg. today hurt. The brand damage could be bad. Not ready to exit but I may.
They are not getting out of this easily. That stock will probably lose a good bit more ground before this is over. If enough companies sue them, they may even be forced out of business.
 
I own CRWD in long term account $150’ish avg. today hurt. The brand damage could be bad. Not ready to exit but I may.
They messed up a lot of stuff. I wasn't able to finalize purchasing a new vehicle yesterday which is just small stuff compared to what else happened.
 
They messed up a lot of stuff. I wasn't able to finalize purchasing a new vehicle yesterday which is just small stuff compared to what else happened.
It was bad at my place of employment. Thousands of PCs and servers down. Basically, everything customer facing was down early in the day and we still have many remote employees struggling to get their PCs going again. Huge mess.
 
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