Investing General Discussion

R

Rais

Trakanon Raider
1,283
637
I’m praying for a 1 for 10 split. Give it a year and it’ll be back up to 800-1000 again. Why? Because fuck why.
 
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Big Phoenix

Big Phoenix

Pronouns: zie/zhem/zer
<Gold Donor>
44,797
93,652
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Aldarion

Aldarion

Egg Nazi
8,964
24,527
ShakyJake said:
Oil is suddenly up 3%. Not seeing any news, though.
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Oil falling back below $100 was one of the most ridiculous things I've seen since I started watching the market. I don't see that it takes any news for it to go back up, just traders remembering what they apparently forgot over the past week or two.
 
Gravel

Gravel

Mr. Poopybutthole
36,591
116,641
Aldarion said:
Oil falling back below $100 was one of the most ridiculous things I've seen since I started watching the market. I don't see that it takes any news for it to go back up, just traders remembering what they apparently forgot over the past week or two.
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I don't get why it can't be that the sudden jump up above $100 isn't the reactionary part, and dropping back down is the market being rational?

"Oh shit, war with Russia!" and oil prices get a massive shock, and then they realize that eh, this is just more of the same global panic and maybe the jump didn't really make sense.
 
Aldarion

Aldarion

Egg Nazi
8,964
24,527
Gravel said:
I don't get why it can't be that the sudden jump up above $100 isn't the reactionary part, and dropping back down is the market being rational?

"Oh shit, war with Russia!" and oil prices get a massive shock, and then they realize that eh, this is just more of the same global panic and maybe the jump didn't really make sense.
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Because the news that prompted the rise was long term and remains in place, while the news that prompted the drop was specifically short term.

Imo of course, who knows. Just explaining the reason for my comment
 
Sanrith Descartes

Sanrith Descartes

Von Clippowicz
<Aristocrat╭ರ_•́>
41,535
107,627
Good chance we saw last week the impacts on fund rebalancing and now that the new quarter is with us the stocks are acting without that influence.
 
Zog

Zog

Blackwing Lair Raider
1,729
2,250
Big money knows democrats going to get destroyed this year and ez money biden will come to an end. Bullish.
 
Sanrith Descartes

Sanrith Descartes

Von Clippowicz
<Aristocrat╭ರ_•́>
41,535
107,627
QQQ pushing up into the convergence of the 100/200 - DMA and long term resistance. If it can make it and hold it there are clear skies ahead. The problem now is the funds are continuously selling the rips for profits here. Until they get burned I expect us to play around in this zone a while.
 
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Zog

Zog

Blackwing Lair Raider
1,729
2,250
Sanrith Descartes said:
QQQ pushing up into the convergence of the 100/200 - DMA and long term resistance. If it can make it and hold it there are clear skies ahead. The problem now is the funds are continuously selling the rips for profits here. Until they get burned I expect us to play around in this zone a while.
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Puts are going to get destroyed...

gate.jpg
 
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Borzak

Borzak

Bronze Baron of the Realm
24,704
32,096
Watching a few minutes of CNBC this morning which I never do someone was saying people wanted twitter to be a safe space and he should hire Dorsey to get it back in shape lol. Didn't know who it was but kind of lost interest in anything he had to say.
 
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