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Misc Stock Market

He's going to wait till after market close.
 
So, I need some noob guidance. What's the risk/benefit of holding leveraged etf's from day to day (in noob terms please)? If I believe there is a general sense of market direction over the course of the week, is it wise to buy, say SQQQ, UPRO, UCO, etc, and hold for a few days even if there is some fluctuation day to day? I dropped ECON 201 and took another elective back in school, so I'm challenged and have special needs when it comes to this stuff. Thanks everyone!
 
Broken024 said:
Up 100%, stop loss moved to 50% gain
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These ended up at 125% gain, my new stop loss was at 100% which it just dropped to. Not bad for an hour or so. Really wanted to hold through speech, but oh well.
 
Double bottom in QQQ...or is it only temporary. Buyers came pouring in as expected.

I added some Q's and SPY on that bounce.

Screen Shot 2022-02-22 at 3.01.04 PM.png
 
You can tell that the markets didn't believe there was much to the sanctions. Dow rebounded about half its losses and Russian futures up about 7%
 
Doesn't seem like the markets gave a rat's a** about Biden's response to Russia/Ukraine situation. Will be interesting to see the Fed rate hikes and Ukraine conflict do the tango.
 
S&P Futs for end of 2018 v/s now. It was a nice stick save today...is it going to provide support one more time or fail like it did in 2018. Who you got...



Screen Shot 2022-02-22 at 5.32.11 PM.png
 
KyloG said:
S&P Futs for end of 2018 v/s now. It was a nice stick save today...is it going to provide support one more time or fail like it did in 2018. Who you got...



View attachment 114236
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Long ago, I banned myself from the equities casino ;) and thus am sticking to no more than conservative long term stock market investing and possible slight nibbling at nicely discounted prices soon.
 
Cathy dumped 11m shares of PLTR today. She has now closed out her position which was 25m shares just a week ago. Talk about selling at the bottom…?

55CA07AA-9955-4245-8A63-F7887F5319BF.pngDF1144B2-DB61-41E5-9C74-70408AB8F4FC.jpeg
 
If always interesting when fib levels are respected. For NQ it was rejected perfectly at the .618 retracement level last week and then bounced right at the 1.0 extension yesterday. The yellow box is the .5-.618 retracement. Let's see how it respects that in the coming days...and with how fast this market moves it will probably this afternoon or tomorrow.

retracement:

Screen Shot 2022-02-23 at 7.33.36 AM.png


extension

Screen Shot 2022-02-23 at 7.33.56 AM.png
 
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