• 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

What was the predicted range for the July jobs gain? The 73K gain was a good bit higher than those of the two prior months.

The major indices are down sharply (~1%).
 
GaWx said:
What was the predicted range for the July jobs gain? The 73K gain was a good bit higher than those of the two prior months.

The major indices are down sharply (~1%).
Click to expand...
115k was the projection. There was also a downward revision to the May and June reports of 258,000 jobs.
 
Last edited:
KyloG said:
Very bearish candles today...SPY/Qs engulfed several days of gains and closed on the lows. But somehow futures probably pump tonight...I don't think we've seen a down open in weeks. Apple with very solid earnings but muted response....I closed my Apple long when market rolled hard. In fact I closed all my swings...been a crazy few weeks and need a reset.

View attachment 173772View attachment 173773
Click to expand...

Glad I closed my swings...I also went more cash in my IRA yesterday...back to 40% cash. Market in complete free fall..

Actually faded Apple off open from $212 and covered at $207. Won't do much else today....

sc.png
 
Snowfan said:
Click to expand...


This why I came in the year bearish...tariffs...govt layoffs...feeds into private sector layoffs but this market a clown show and just rips higher all the time. Well...tech earnings have been stellar for AI...without AI we would be in a severe bear market.
 
KyloG said:
This why I came in the year bearish...tariffs...govt layoffs...feeds into private sector layoffs but this market a clown show and just rips higher all the time. Well...tech earnings have been stellar for AI...without AI we would be in a severe bear market.
Click to expand...

Yeah, I know folks don't want to see it over at Reddit, hah, but another jobs reports like this with more revisions and I'm sorry to say, but rate cuts are absolutely on the table even with inflation stagnant.

If not the Fed, the treasury bond market will do it for them.

It's kinda strange. Consumption is declining in the US, yet SPX capex is going up, which usually doesn't occur. You can argue that the private sector is helping to juice things, but it's with something that could turn out to be iffy, and that's AI build out.
 
The Dawn of the AI age has begun.The Next 4 years is gonna see a epic overturn in jobs, careers. Got to be the biggest head scratcher moment HS/College age kids have ever faced. When I was coming up all we heard where computers where coming, even though we never had seen one.
 
Last edited:
KyloG said:
Glad I closed my swings...I also went more cash in my IRA yesterday...back to 40% cash. Market in complete free fall..

Actually faded Apple off open from $212 and covered at $207. Won't do much else today....

View attachment 173790
Click to expand...

I faded Apple all day...once it broke 207 and retest failed a few I shorted it again down to $203....also faded a few other things (AMD, SNOW). Probably my best swing day in some time just fading shares. NVDA been holding up well today and it it decides to roll then everythign rolls down more.


Screenshot 2025-08-01 at 12.52.20 PM.png
 
Fading some AVGO, 200 shares at 289.30 v/s $290.50. It was holding up too...retail loves these semi names. I am starting to get greedy and that isnt good when you are in short mode.

Screenshot 2025-08-01 at 12.59.16 PM.png
 
We got a full blown market crash and NVDA and AVGO haven't blinked...relatively. Have to think these rollover...but I won't short NVDA but let's see how AVGO/AMD shorts work out.



sc-3.pngsc-2.png
 
NCSNOW said:
The Dawn of the AI age has begun. Next 4 years is gonna see epic overturn in jobs, careers. Got to biggest head scratcher moment HS/College age kids have ever faced. O was coming up all we heard where computers where coming, even though we never had seen one.
Click to expand...
All of this is headed somewhere else too, but no one wants to talk about that. AI is nothing but trouble.
 
SPY barely pulled back, relative...it's not even to it's 8wema. I would like to see a 20 week ema tag..

Usually engulfing weekly candles at tops have follow through. Look at last July 2024...




sc-5.png
 
Closed my shorts and flipped long AMD at $170.50, OLKO at 71.55 and TQQQ at $72.20

Stops at afternoon lows.....if I get stopped out and then done for the day. Great day today...wasn't planning on fading so many names but all worked.
 
The BLS revisions this time were definitely extra bad, but I have no choice but to believe that the firing here is to fudge the numbers.

Maybe I'm wrong, but I'm certainly not confident.
 
The trick to the market is you just buy everything when it’s red and keep buying til you get old and only have a few years left to live. Then you dump your lifetime stonk earnings into a nice retirement home @ 7k a month. This should give you about 10-20 years to live comfortably playing bingo and eating meat&3 while your body and brain slowly (or quickly) begin to fail you. That’s the American dream baby.
 
JHS said:
All of this is headed somewhere else too, but no one wants to talk about that. AI is nothing but trouble.
Click to expand...
I try to research,listen,discern what The AI hoopla is all about. How much is hyperbole verse future reality. Its very doom an gloom mostly. But so was Y2K back inthe late 90's.
 
NCSNOW said:
I try to research,listen,discern what The AI hoopla is all about. How much is hyperbole verse future reality. Its very doom an gloom mostly. But so was Y2K back inthe late 90's.
Click to expand...
Fair point. That turned out to be nothing. AI is a lot more dangerous though with the potential to put 50% or more of us out of work in the future among many other things.
 
Huge gap up into the gap from Friday...almost filled. Market loves it's counter trades...

Only 2 swings today...faded AMZN from $217 to $213 and now have a small TQQQ short off 86.90 v/s the high of the day of $87. In and out of trades when volatility creeps up like this...

Nothing really to buy...everything was bid up in pre-market and now it's either chase, which I won't buy strength when market is like this or wait for some sort of gap fill below.

sc-1.png
 
AMZN was an easy fade off $217 but I covered near Friday's low...now I have fomo..should have left half on as it's below Fridays low. Ughh

sc-2.png
 
I think COIN is going much much lower...but it's tough to fade here...was hoping for $330'ish this week. It's earnings were horrific...

sc-3.png
 
Super ticked I missed the intraday double top on RBLX...I would have faded it from that.

Screenshot 2025-08-04 at 11.22.19 AM.png
 
KyloG said:
AMZN was an easy fade off $217 but I covered near Friday's low...now I have fomo..should have left half on as it's below Fridays low. Ughh

View attachment 173880
Click to expand...

Added AMZN long when it reclaimed Fridays low at $213...it's been relatively weak so will see. It's why I covered short earlier at just over $213...now lets see if it can get back to 215.

Screenshot 2025-08-04 at 12.05.46 PM.png
 
KyloG said:
Boom…ZETA crushed earnings…at 18.50 in pre market. To be honest, I totally forgot they had earnings yesterday and looked and saw
Click to expand...
Some 1/2 my ZETA into $20…from $15.60. Let the rest work
 
Apple woke up…rise from the dead on the news they will announce something that will make Trump happy

IMG_4257.png
 
Apple finally pushing this market higher. SPY with a reclaim of the 20dema Monday, tested yesterday and again today and now pushing higher. This market just won’t rollover.

I don’t have much on for swings….NVDA, SPY and added HOOD at 102.80. Hood has been very erratic today so tight stop.

Correction is coming…just not now it seems.

IMG_4258.png
 
KyloG said:
Apple finally pushing this market higher. SPY with a reclaim of the 20dema Monday, tested yesterday and again today and now pushing higher. This market just won’t rollover.

I don’t have much on for swings….NVDA, SPY and added HOOD at 102.80. Hood has been very erratic today so tight stop.

Correction is coming…just not now it seems.

View attachment 173939
Click to expand...
Sold HOOd into $111. Enough for me. That made my week.


IMG_4287.png
 
KyloG said:
Some 1/2 my ZETA into $20…from $15.60. Let the rest work
Click to expand...
Sold the rest of my ZETA at $20 when it gapped up over yesterdays high and then gave it up...classis sell signal. Cleaning up some longs too.
 
KyloG said:
Sold HOOd into $111. Enough for me. That made my week.


View attachment 173966
Click to expand...

Bought it back at $109.20, based nicely there mid day. Rumors are it could be added to SPX after close tomorrow...either APP or HOOD. That alone will keep it perky tomorrow I think. This thing moves so fast so tricky...

Double top looking...but macd starting to curl up and RSI in power zone in the mid 60's.

sc.png
 
You must log in or register to reply here.
Back
Top