Search results

Well, maybe the open was a tad optimistic. However, Nasdaq now green and S&P isnt far off either.

So.. green by the open?

MOC sale reduced to $500m

I will take the complete lack of profit taking into the close as a fairly bullish sign. I am holding fast through the weekend.

1B moc sale early look. Not much in the scheme of things.

You and me both brother. In my big account, I am right around flat on the year now and really struggling to decide to take the last 2 days profit here (removing ~50% cash buying power exposure too). We have moved a lot in the last 2 days, I'd think we are due for a pullback. Plus we are going...

Fed Bullard is one of the most hawkish, and also that isnt new news. He called for 100bp by July weeks ago. I still think the Fed uses the Ukraine uncertainty as an excuse to go dovish and hike 25bp next month. This would likely elicit a relatively bullish sentiment in the markets. They've...

I've said here many times. No shame in using paper trades to figure some strategy out if you are going to actively trade. This profession has quite possibly the steepest learning curves and the risk is taking yourself out of the game entirely. Think or Swim (and others) have a fantastic platform...

When I am playing with these, I typically just short TQQQ vs using SQQQ. Easier to just keep 1 ticker up and base entries on the QQQ pivots / MAs.

Insert comment #1286244 about whole dollar limits. Hah

Can I suggest: https://donate3.cancer.org

https://www.investopedia.com/articles/stocks/09/use-stop-loss.asp Save yourself!

That must be a crypto loss?

Another great Rothschild quote: Buy when the cannons are firing, and sell when the trumpets are blowing. — Nathan Meyer Rothschild

AMD $8B share repurchase. :oops:

You and me both.

Talking heads on Bloomberg confirming what I was talking about earlier. Many are now writing off the chance of a 50bp price hike by the Fed next month. If that is confirmed, we are back off to the races. (Russia escallation aside)

I am honestly surprised we haven't had more profit taking this close to the close. However, I think we are in FOMO mode where people are piling in thinking they missed the bottom. Basicaly the opposite of the buy low / sell high mantra.

As always, markets hate uncertainty. Russia threat or Fed the same. Will they / wont they? The uncertainty is the weakness. Now the market can process and move forward. Fed moving rates by 25bp next month would likely be considered dovish at this point and then that puts that uncertainty to rest...

TSLA SEC investigation.

As expected, harsh words and sanctions only. All comes down to Russia's reaction to the sanctions at this point, but this is basically a nothingburger speech.

Someone wake grandpa up and tell him to get on the TV already.

Was eyeing JPM earlier. Relative weakness to the rest of the market bounce.

Biden speech pushed back 1 hour. 1:30PM EST

Crossed below. Keeping an eye if it dips below the 200D over the coming month(s) is important. See: https://www.investopedia.com/terms/d/deathcross.asp

12:30 EST I honestly think it is a non-event. He will likely condemn and talk sanctions, but short of boots on the ground, nothing should be a surprise. There's about 0.01% chance any US or NATO country is going to involve any troops while this is contained within Ukraine.

QQQ on its 4th 5min attempt to break the low pivot of yesterday. (329.10)

SPY 50D has crossed over the 100D, for what it's worth.

1.35mil share block trade on PSTH at 19.80 Obligatory "someone knows something..."

Real of course! My paper trades I have always noted and they are usually outsized orders for funzies with 5 figure wins / losses.

Trade of the day so far:

For anyone playing along today with the normal retail brokers like TD Ameritrade, Fidelity, E*Trade, etc .. you're quite likely to see a lot of lag at the market open. Orders not filling or worse. We never suggest using market orders, but in today's heightened volatility especially, you should...

This kind of market doesn't typically follow technicals. We are in the stage of pure emotion / headline driven market moves. Any of your scenarios is possible. From a technical level, SPY 398-405 isn't out of the question. Or we wash a bit and find dip buyers. Keep in mind, there has been a lot...

If Putin decides to attack any NATO country, we have far bigger issues at hand. Short of Putin having dementia and completely insane, I can't see that happening as the act of attacking any NATO country immediately draws all NATO countries into war with Russia.

This. You don't have to find the exact bottom. Just scale into positions accordingly.

I think that a bit extreme. This whole Ukraine invasion has been telegraphed for weeks. If he also invaded, say Poland.. yea I think markets and the world would react differently. I am looking for a bullish bounce soon. Uncertainty / threat of an invasion that doesn't happen is far more...

TSLA under $700.

NCLH double miss. (Reported premarket today) Not the name to be in with such a weak market.

https://www.wsj.com/livecoverage/russia-ukraine-latest-news/card/russia-central-bank-bans-short-selling-as-stocks-plunge-SjQFvNNXoXUKE4lkESfe