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Misc Stock Market

I've been 80% cash for a couple weeks now but now 100% cash when 5180 got taken out. Brutal past couple of days....rug pull late yesterday and then they gap it up almost 1% today and then another rug pull and market is in in free fall. I don't know whether to buy or run and hide. If this doesn't start a multi-week correction then I give up.
 
Bnkd looking nice on the break
 

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TSLA down sharply on the news it's not going to come out with a "cheap" EV instead focus on developing robo taxis.

It's going to take a lot for me to get into a car without a human driver.

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Nice rally today, but in this case, the jury is going to be out for longer than today, since the uptrend was broken, and volatility is a bit jumpy.

It'd be a different story had we closed on session lows on Tuesday instead and had the +1% day the next day, or what was pulled in early March with a two-day rally.

If nothing special occurs in geopolitics land this weekend and core inflation isn't surprising, then vol probably gets crushed a bit.
 
Another bearish engulfing candle which usually means by the dip. I still haven't done anything...been almost all cash for a couple of weeks now and market just won't go down.

Looks like NVDA could rollover here....or is it buy the dip...

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I put some cash to work this morning. This market has had plenty of opportunities to break down and hasn’t. I may regret not being more patient but Qs was about 3% off highs so maybe that’s all we get. 🤷‍♂️
 
I put some cash to work this morning. This market has had plenty of opportunities to break down and hasn’t. I may regret not being more patient but Qs was about 3% off highs so maybe that’s all we get. 🤷‍♂️
Needless to say I went back to all cash real quickly, lost a few $ but not a biggie. Should have been more patient. This market desperately needs a prolonged correction but the dip buyers are relentless so we will see.
 
Qs 8dema crossing below the 20dema...that has been typically bearish for obvious reasons...but these dip buyers are relentless.

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Qs 8dema crossing below the 20dema...that has been typically bearish for obvious reasons...but these dip buyers are relentless.

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Earnings season coming up in a couple weeks for a lot of chip/AI themed stocks. I imagine the dip this week and maybe into next week is to load up on stuff before earnings start rolling in again.

One of my favorite AI/chip type plays is CLS, I’ve had it since $34 and started watching it around $23. Still undervalued imo with a forward PE of 16. Also ASPI is a speculative uranium play of mine that’s done really well recently. APP and VRT are two others I really like that I have in my portfolio.
 
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