Investing General Discussion

Asshat wormie

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That face when you look at the IWM and see this...

View attachment 362469

frustrated kristen wiig GIF
It was probably a much smaller percentage prior to the price increase.
 
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Sanrith Descartes

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My gut is telling me to risk off, but then I see Janet Powell speak and its like

Buy Trading GIF by AvaTrade
 
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Jysin

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Travel stocks have been fairly beaten up. I’ve picked up small DAL (pre-earnings). I’d like to go bigger, but still cautious of an overdue market pullback.

*Disclaimer: I’m on vacation and unplugged from news 98% of the time here.
 
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Borzak

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LA county starting mask mandate again. Can see travel stocks taking a hit if this catches on again.
 

Sanrith Descartes

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No Nvidia in the top 5? Or did you sell before it tanked?
Sold on the way up as the split mania happened. I missed the top as it went crazier than even I imagined. I'll buy back in after the post split crash happens.
 
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Sanrith Descartes

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I'm definitely getting in soon.
I based my strategy on the two previous splits (AAPL and TSLA). Granted there isnt a lot of split data to track, so take it with a grain of salt. But so far NVDA followed the other two in the parabolic run up. Now we have to see if it seriously gaps down beginning next week. Pre-split high was about $650 and support low was around $525. Adjusted thats high of $162 and low of $131. That is my target trough to look for an entry.

1626440750988.png
 

Sanrith Descartes

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I haven't been paying attention to NVDA, are they doing a 4-1 split?
Yep. Record date was a while back (i think most retailers dont understand what a record date is) and the split happens before trading on Tues morning.
 
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Furry

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NVDA 10-day chart
NVDA just letting out some much needed gas. I like the company, but there's no question the stock is high.

Stocks have cratered almost a percent this week on a whole. My portfolio sure is taking a beating. Is it time to panic yet?!

wooop.png
 

Sanrith Descartes

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NVDA just letting out some much needed gas. I like the company, but there's no question the stock is high.

Stocks have cratered almost a percent this week on a whole. My portfolio sure is taking a beating. Is it time to panic yet?!

View attachment 362608
I wasn't dogging on the stock. I love it. I was showing how money is heading to the door with the split run up over. Bag holders who bought at $835 not in such good shape.
 

Jysin

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Some serious selling over the last few weeks in the travel sector. some airlines and cruise lines the lowest price since last year.
 
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Borzak

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Economy is roaring back with no inflation, no problems here. Trust me.