• 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

I haven't done a thing today...not sure what to do. SPY $427 level has held many times over past year. A close below that it seems like $400-$410 coming.

Screen Shot 2022-03-07 at 10.07.30 AM.png
 
Watch, rare item today. MXC Shares outstanding is 2.12 million. Volume at 9:30 central time is over 3 million.
Public float just over a million
 
I'm scared to buy puts down here I feel like as soon as I do a peace agreement will be announced but I also know this is going much lower if one isn't announced


Sent from my iPhone using Tapatalk
Agreed. Similar situation for buying more oil ETFs. I think if the war continues it will continue to inch up further, but if there’s a peace agreement it’s going to collapse so quickly. And good chance it happens overnight here so a stop loss wouldn’t save me from the massive limit down overnight.
 
Thoughts on $COM as a broad unleveraged commodities play? Seems a bit lower risk, so it’s something I may feel more comfortable adding more dry powder, too. I am so tempted to add to my $UCO position, but it seems so risky now.
 
Agreed. Similar situation for buying more oil ETFs. I think if the war continues it will continue to inch up further, but if there’s a peace agreement it’s going to collapse so quickly. And good chance it happens overnight here so a stop loss wouldn’t save me from the massive limit down overnight.
While the price of oil has skyrocketed and could probably make a significant pullback on some kind of Russia news, the risk of it getting back up here in the not-to-distant future is pretty high, IMO.
 
Apple just won’t roll over. The last domino to fall…or can it keep the markets from really water falling.

BC3C1B3B-0756-4F0A-8042-6A5B62065C59.png
 
Back
Top