Well they pushed to $180...glad I lowered my other bids. I have a nice position at $180.77 avg. I have a stop of $178.
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Misc Stock Market
- Thread starter ForsythSnow
- Start date
NQ futs top wicks 3 out of past 4 days...they had this solidly negative today but had a quick ramp into close.
This is hinting at momemtum lost but big cap tech earnings next week so I don't expect this to have a correction until after Apple reports, which is next Thursday. I am relatively light but I could totally see them gap things up again tomorrow, this market has been so relentless.
This is hinting at momemtum lost but big cap tech earnings next week so I don't expect this to have a correction until after Apple reports, which is next Thursday. I am relatively light but I could totally see them gap things up again tomorrow, this market has been so relentless.
Don’t remind me. Lack of patience is a killer in the stock market. @Nerman had a bunch at one point idk if he’s still holding or not. Nerm?I still can't believe we had several us that owned CPE at the bottom and then we sold it for pennies...?
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GeorgiaGirl
Member
Pretty good chance yesterday was finally a blowoff top for now for semiconductor stocks, which removes a major reason why the Nasdaq had been rallying hard.
Only thing I gotta say there though is I’m salty I don’t have even more exposure. I hold 50 shares of AVGO from early 2020 (which is a great price even pre crash), but I wish I had more because I’m greedy (and really if I just sat on my hands, I would have more, but I exited AMAT).
Only thing I gotta say there though is I’m salty I don’t have even more exposure. I hold 50 shares of AVGO from early 2020 (which is a great price even pre crash), but I wish I had more because I’m greedy (and really if I just sat on my hands, I would have more, but I exited AMAT).
Sold my tesla into $186...5 pts...I'm out. Not fooling around with it anymore for now.
Out of Save...hit my sell order at $6.33...quick 10%. I ain't fooling around with this one today either.
Haha...I literally told you guys to put bids in Tesla at $180'ish and get out at $185-186.
The Save trade came fast and it's because someone I trust tweeted about it.
I did get stopped out of DWAC yesterday...I am not fooling with that one today, not even going to look at it.
I sold some XXXX (4x leveraged SPX) into $31.35 this morning. I have bids to add some back at $31.03. I started trading more TQQQ/XXXX, leveraged ETFS so I can leave more cash in my IRA as cash is getting paid out at 3.5% with yields so high.
I lightened up yesterday afternoon, bought the pre-market dip and sold into the pop. Large cap tech earnings next week, going to be very tricky. I am much lighter than I had been and going to only buy dips. I think after Apple earnings we could see a shart pullback...that I will buy.
Alright...watching tesla...if they undercut $180 and then reclaim I may add shares then.
Old timers talk about the "3 day rule" for stock that tank after earnings. Buy on the 3rd day...that would be Monday. I'm only going to buy if $180 breaks, reclaims.
Old timers talk about the "3 day rule" for stock that tank after earnings. Buy on the 3rd day...that would be Monday. I'm only going to buy if $180 breaks, reclaims.
AXP big breakout...AMD is my largest holding and AXP is my second largest, owned them both for years. Only other stock I own and hold in my IRA is CRWD but that's small position I started last summer.
Weekly chart.
Weekly chart.
Windergawx
Member
As mentioned yesterday, tech looked exhausted, momentum shifting. Top wicks and any strength being sold. With that said I added some X4 and TQQQ back here.
Like I mentioned last week..."3 day rule" for Tesla....up almost 3% today. Not in it though.
I think a big pullback is coming soon. Substantial