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Misc Stock Market

Next time Tesla goes full on crazy to the upside, remind me to sell all of my long term stuff.

Kthxbai

It's pretty likely at this point that it's signalled a medium term high for the Nasdaq, and it could turn out to be long term.
 
This is my one swing on...NVDA from $128's a couple of weeks ago. Powerful candle...see how it closes. I plan on holding these shares until it breaks $127.

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Bought some SPY/Qs on that morning gap fill...the SPY, outside of tech, is very oversold. Maybe we get some short covering into the new year.
 
2025

The revenge of the oil stock.

I don't expect something so big, it's truly bad, but I think crude can threaten $90.
 
KyloG said:
Bought some SPY/Qs on that morning gap fill...the SPY, outside of tech, is very oversold. Maybe we get some short covering into the new year.
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Alright...gap filled, SPY is very oversold..outside of tech. Let's see if it can test the 8/20demas above...that would be my target for these shares.

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KyloG said:
Alright...gap filled, SPY is very oversold..outside of tech. Let's see if it can test the 8/20demas above...that would be my target for these shares.

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Well this didn't work out...got stopped out. So dumb...rejected the 50dema again. This looks so bad...it's primed to see a huge gap down on Thursday to create an island top.

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More likely than not IMO that TSLA deliveries is a bearish event on the stock.

Might not be meaningful for the whole year in 2025, at least, I'm not sure yet, but I think it sees at least $375 and it's likely we see tech continue lagging to open 2025.

The faint hints are there. Next meaningful up day probably ain't tech stock led.
 
One reason Iā€™m not super bullish 2025. This market is so top heavy and yes they can continue to keep it like this but the piper will be paid.

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This is so gross....market had 4 very bearish days in a row...closed on the dead lows into a holiday and now a huge gap up. Sometimes I hate this market...only thing I have on is a NVDA swing from 128'ish. I am not chasing this gap up...I imagine this probably gets filled hard tomorrow or early next week.

I won't do much, I've learned not to trade when the market is aggravating.

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Here we go with TSLA I think...although the miss not producing that much of a move (at least not yet), might be a sign that it's just more prudent to watch to see if Elon can hold up his relationship with Trump.
 
KyloG said:
This is so gross....market had 4 very bearish days in a row...closed on the dead lows into a holiday and now a huge gap up. Sometimes I hate this market...only thing I have on is a NVDA swing from 128'ish. I am not chasing this gap up...I imagine this probably gets filled hard tomorrow or early next week.

I won't do much, I've learned not to trade when the market is aggravating.

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Yep...absurd market rolled over hard. My only long is NVDA and it's still green though.

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Since December 19th:

XLE: +3.4%

XLK: -0.81%

Subtle, but the trend is very much there and likely to continue at least into April to make people squirm.
 
Futures pretty muted . Still think we gap up in am then fade as the day goes on . Opens red Tuesday then rips green after jolts for a huge bull trap . Market closed Thursday so another screwed up trading week
 
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