• 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

Storm5 said:
Serious question . If Russia goes in by the weekend what does the market do ?


Sent from my iPhone using Tapatalk
Click to expand...

There isn't any good news on the horizon for markets...QE ending, QT starting, rate hikes, multi-decade high inflation, now Russia. But, I am still not sold that S&P is going to drop another 10% for a 20% correction. Feel like some headline is coming to save the market...
 
Natural gas (#natgas lol), despite being down from the high of today, is still up 2% for the day despite significantly warmer US weather (very bearish for NG demand) (including an even warmer 12Z EPS just out) because of the threat of a drop in Russian NG supply to Europe and the fact that would mean increased demand for US LNG. Germany delaying certifying Nord Stream 2 is a big factor. Otherwise, NG would now be sharply down for the day:

www.investing.com

Natural Gas Futures Price Today - Investing.com

Explore real-time Natural Gas Futures price data and key metrics crucial for understanding and navigating the Natural Gas Futures market.
www.investing.com
 
Storm5 said:
Serious question . If Russia goes in by the weekend what does the market do ?


Sent from my iPhone using Tapatalk
Click to expand...
Short term tank 5-20% IMO (probably 5-10%). Probably will be short term and bounce back, though. Problem from there is that war will only make inflationary issues even worse.
 
There is absolutely no world where the Dow being under 34k is bullish anything based off the way it has traded since May of last year. It is why I was looking for it to gap down and reverse yesterday, the absolute last thing that it needed was a close under 34k.

32k incoming pretty soon. Should provide at least some short-term relief as it's the backtest of the 2017-2020 range, below though and it's going to round trip to February 2020 where it was in the mid 29000's (although it did take a while for it to set a new record after crashing in 2020, so maybe that standard needs to be set a bit lower).

Edit: If Russia invades tonight, you might get the capitulatory gap down and reversal, but that doesn't matter with where the indexes are at.
 
Q's going to get the always fun death cross....last time it happened was end of 2018 and the bottom dropped out.

Screen Shot 2022-02-23 at 4.28.52 PM.png
 
buckinbronco said:
Well my brokerage (Fidelity) no longer allows 0 DTE options unless you have $1M in the account, which I do not. Probably for the best I suppose.
Click to expand...
Really? I was selling 0 dte calls against my SPY shares today in my Fidelity IRA.

Edit - I do not have a million in there unfortunately
 
Broken024 said:
Really? I was selling 0 dte calls against my SPY shares today in my Fidelity IRA.

Edit - I do not have a million in there unfortunately
Click to expand...
They probably allow it since you have the shares to cover if the option is exercised. I believe they took it away because they had users that would buy 0 DTE and they would end up in the money but their account didn't have enough money to actually exercise the option.
 
buckinbronco said:
They probably allow it since you have the shares to cover if the option is exercised. I believe they took it away because they had users that would buy 0 DTE and they would end up in the money but their account didn't have enough money to actually exercise the option.
Click to expand...
Ohhh naked, yea I could see that.
 
Who got wrecked today because of this...why I don't like trading/owning bio's. Down 80% today, all in pre-market.

Screen Shot 2022-02-23 at 4.37.22 PM.png
 
Is it time to btd in PYPL...

Screen Shot 2022-02-23 at 4.40.20 PM.png


They have solid rev growth, net income growth is slowing but they still bank cash.

REV
Screen Shot 2022-02-23 at 4.41.15 PM.png

NET INCOME


Screen Shot 2022-02-23 at 4.41.33 PM.png
 
KyloG said:
Who got wrecked today because of this...why I don't like trading/owning bio's. Down 80% today, all in pre-market.

View attachment 114321
Click to expand...
I tried trading a bio company last year and at first it was up 80%, then overnight after a drug trial failed I was down 90% on my initial investment. Never again. ?

Fortunately, it wasn’t a lot of money.
 
Food for thought for longer term investors: DJIA at today's close is almost 10% below its 1/4/22 record high meaning it is almost officially in "correction" territory: I'm not yet nibbling as I think more drop is coming but will start slowly nibbling at some point:

im-491469.png
 
GaWx said:
Food for thought for longer term investors: DJIA at today's close is almost 10% below its 1/4/22 record high meaning it is almost officially in "correction" territory: I'm not yet nibbling as I think more drop is coming but will start slowly nibbling at some point:

View attachment 114325
Click to expand...
I fear it hasn't got a European invasion against which to "correct" on a programmed basis ... :eek:
 
pcbjr said:
I fear it hasn't got a European invasion against which to "correct" on a programmed basis ... :eek:
Click to expand...

Yeah, I think the downside risk is still too high now to even just start nibbling with new money. But at some point the bearishness will be baked in and it will start rising even on bad news...the nature of all markets. It often hits a longterm low when things look the most bleak. It takes a lot of guts to get lucky or be "skilly" enough to buy a bottom. Nobody can predict that and that's why nibbling/dollar coast averaging is best in my mind as opposed to trying to pick THE bottom with all of one's new investing.

Could this be the bottom already? Of course it can, as nobody or nothing will ever be able to tell us, but.......
 
You must log in or register to reply here.
Back
Top