Investing General Discussion

Blazin

Blazin

Creative Title
<Nazi Janitors>
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Tmac said:
Do you think it'll continue through the levels of resistance and buy for < 12.89 or do you think it's a good buy as it stands at 13.08? Or does it not matter?
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13s is closest support, again warning very volatile can easily move 4-5% in a day
 
Fogel

Fogel

Mr. Poopybutthole
12,266
45,840
Bought a little bit of KMPH, BCRX, and ASML, will average down more if they continue to dip. These are longish not swings/day trades
 
Jysin

Jysin

Ahn'Qiraj Raider
6,278
4,035
Jysin said:
Not touching either. I am mostly cash. QQQ under 311 has room all the way to the 100 day at ~306. SPY has broken through this macro support for like the 3rd time now in a couple weeks. This isnt a sharp over-reaction sell, this is a slow controlled bleed today, which is far more concerning.

At this point, I'd just welcome a full-on correction so we can move confidently in one direction or another. The day / swing trades are rough in this choppy indecisiveness.
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Jysin said:
Massive selling into the close for low of days. Happy to be mostly cash overnight!
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^^Posted Weds evening^^

Hate being right sometimes. QQQs blew right through 100 day yesterday and failed to reclaim it today. New lows hunting lower.
 
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Furry

Furry

WoW Office
<Gold Donor>
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People just had to come in and negative Nancy. Now my only green is my grandpa dividend ETF and my cciv puts.
 
Sanrith Descartes

Sanrith Descartes

Von Clippowicz
<Aristocrat╭ರ_•́>
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MSFT been large and in charge all day during the wreckage. Its like half boomer stock and half tech stock. Its a boomtech stock.
 
Sanrith Descartes

Sanrith Descartes

Von Clippowicz
<Aristocrat╭ರ_•́>
41,539
107,630
Words of wisdom for today...

1614967835432.png
 
Mist

Mist

Eeyore Enthusiast
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Sanrith Descartes said:
MSFT been large and in charge all day during the wreckage. Its like half boomer stock and half tech stock. Its a boomtech stock.
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Obviously. They're very strong in cloud/subscription, have a solid hardware division now, and yet still get tons of revenue out of their legacy licensing models.
 
Mist

Mist

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Why are people still buying dips with sleepy creepy joe at the wheel?
 
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Ravishing

Ravishing

Uninspiring Title
<Bronze Donator>
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This week has gut punched me. Red all 5 days, fortunately I'm still riding some big gains YTD.
I'm almost all cash right now, just a couple small positions.
I'm in waiting mode for now. This is week #2 of bearish activity. The market scares me right now.
 
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