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Who's gone Price is Right and bid $1?

So much mixed messaging out there for 2022 direction. https://www.bloomberg.com/news/articles/2021-12-27/it-s-december-1999-based-on-the-nyse-shares-touching-new-lows?sref=9HT8lz40 I had been talking about this for a while. Lots going on under the hood while indexes are breaking ath after...

Just goes to show you should be making orders at key price points, regardless of your feelings. I trimmed 1/3 of my SPY from the 100DMA purchase through the highs yesterday. I will trim another 1/3 position if we hit the macro ascending trend line on the SPY daily. My overall market feeling...

The fact Bitcoin keeps failing to hold the $50k level can't be very confidence inspiring. The more failures of this level is just going to cause further downward pressure.

It was probably me who dished that advice, and I strongly back that. If you arent positive trading common stocks, you shouldn't even be thinking about options. You can papertrade options in ToS. (perhaps some others too)

The problem I keep seeing repeatly with travel sector (airlines and cruiselines especially) is that people keep comparing pre corona stock prices to today's stock prices. The companies have fundamentally changed since then. Most have all taken on massive amounts of debt and/or also issued new...

Not sure what charting you use @Sanrith Descartes but someone trading at your level should be using something at least as good as TradingView. eSignal is top tier, but really expensive. TV is great for swing / investing. https://www.tradingview.com/ They recently did a 60% off Black Friday...

Never used them, let me have a look... Doesn't seem to work here either.

I think Sanrith mentioned Fidelity and some AWS issues linked. Using Fidelity's active trader pro platform, I just bought and sold 1 share without any issue.

I dont know how anyone trades small name bio stocks. ALLK failed some late stage trial drug. Immediately gaps down 87% overnight. This is what happens to bio stocks when they have nothing else in the pipeline. If you need any further confirmation "analysts" aren't worth a damn, Bank of America...

The real interest I have is seeing how China reacts to Omicron. They have basically held a zero tolerance policy on Covid and shut down anything and everything with the most minor of cases. Manufacturing, Ports, you name it. If they keep up with this extreme policy, supply chains are going to...

Eh... its mixed messaging everywhere. "It's not that bad.." to next, the WHO says dont dismiss it. Both from today (Imperial College London is reputable as it gets): https://www.imperial.ac.uk/news/232698/modelling-suggests-rapid-spread-omicron-england/...

There was (still is) a monster bid of liquidity of around 113k shares at $20 in MTTR. Slightly below the 100D SMA. Got a bit too greedy in my own bid today and missed the move.

Holy crap. Shock there's still all that PSTH hopium! More like lotto plays for sure, but that is a lot of worthless calls expiry.

Entire market is currently whipsawing.

@Shonuff If you really want to up your game and do some real reflection on your day trading, check out TraderVue. You can journal your trades, but the metrics they track are incredible. Import your year and you can do an in-depth analysis of what has / hasnt worked for you. This is a must have...

Keep in mind: We are still basically skirting all time highs on the indexes. If you are seeing big red, youre likely in some high growth names that are being sold as we rotate into value. Know what you own in these markets.

It's important to note that whenever there were previous bear market pulls like 2020, 2008, 2000... Fed always had room to lower interest rates and calm things down. If (big if and I am not convinced it happens) we get a huge bear market correction to the tune of 20%+, the Fed is now backed into...

$95.20 all time low for RIVN since IPO shortly ago. If it breaks that level, could see some continued downside.

SPY level premarket has given up the entire move of the post-Fed talk gain from Wednesday. A lot of inconsistencies out there.

Are you trying to convince the markets of that, or yourself? (My travel puts up are up 10% today)

Likely profit taking after yesterday's big run post-Fed.

Cathie sold yesterday. Time to buy?

@Sanrith Descartes I'd have thought you knew better re "analysts". I rarely pay any attention unless it is a double up / down grade. Or a a few big institutions all come out with the same guidance that fundamentally changes a stock. Might as well give darts to monkeys, for the most part.

https://www.bloomberg.com/news/articles/2021-12-16/citi-turns-bullish-on-china-high-yield-credit-evergrande-update?srnd=premium&sref=9HT8lz40 Ouch. Really interesting to see how this plays out.

I’m part of the problem reading the tea leaves because I happen to know a bit about market psychology and media sensationalism? This isn’t rocket science. But by all means hodl your 25%+ drawdowns because “the market got it wrong”. See how that strategy works out over a trading career...

I warned you off the impending travel cliff what, 25% downside ago? First week of November in PMs? By all means if you want to accumulate as an investor, all the power to you. I’ve got better places to tie up capital. For everyone’s safety, freedoms, and sanity I hope I’m wrong. The writing on...

It was 1.5B to the sell side 15mins ago. Volatility is fun!

https://www.bloomberg.com/news/articles/2021-12-15/canadians-advised-to-avoid-traveling-abroad-as-omicron-spreads?srnd=premium-europe&sref=9HT8lz40...

ill take that bet.

Side note for you travel longs. UK is absolutely exploding in Omicron cases. We just blew past the highest daily cases since the entire start of the pandemic and projections are doubling cases every 2 days. Fully expect futher measures of restrictions. This will be the US in some weeks time, as...

Doubles taper rate. And increase to 3 rate hikes 2022 vs 2 previous. Added 2x my JPM position for my long term account. (Banks prosper in higher rate environments)

Took a daytrade on RBLX liquidity sitting on $95 for a bounce scalp trade. Sitting the rest of the day until Fed meeting.

I think MTTR is getting hit on sympathy to RBLX. (RBLX down over 10% with some DAU negative numbers)

Same old thing with these high growth companies getting hit, despite great earnings. Rotation has been going on for just over a couple weeks now. High growth is not where you want to be parking your cash the last weeks. Value has been back in vogue. Nasdaq has been hit as the expected rate...

Seeing fairly low volume levels overall. Think market is in a wait and see / risk off a bit into Wednesday's Fed meeting. Lots of talk of moving the rate hikes up. We shall see.

F now up over 9% on the day.

I am still a bit baffled in some names. F has been moving like some new high PE growth stock. Up another >7% today. AAPL has had big inflows recently, despite recently reporting that chip shortages are affecting their lineup. Days later they also announce reduced iPhone 13 demand. Then just a...

Pour one out for the AMC clowns. CFO sold all his shares. CEO sold most of his the same day (yesterday). https://www.secform4.com/insider-trading/1411579.htm

Been the same here in the UK @Hateyou Just sporaic stock / lack of at any given time and of completely random items. Nothing at all drastic and whatever you don't see this time around, you're likely to see it in stock the next trip around.