Investing General Discussion

Zog

Zog

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Im so sick of the "biggest/lowest since XXXX year" headlines every day. Started with the bond market yields... and people can't stop.

 
Furry

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This might call for a .25bp raise in interest rates in a month.
 
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Lejina

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Creslin said:
This has got to be the craziest market I have ever seen. Literal 5% swings in index’s daily
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Indexes are literally the items with the biggest daily swings in my portfolio right now.
 
Sanrith Descartes

Sanrith Descartes

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Zog said:
Guess a lot of people held through the open after buying the rally and are pretty mad. Lots of anger at "them."

I wouldn't be shocked at all to find out the rally was purely retail driven and the subsequent sell off.
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Buy the dip; Sell the rip. Welcome back to 2019
 
Sanrith Descartes

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Creslin said:
This has got to be the craziest market I have ever seen. Literal 5% swings in index’s daily
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first time GIF
 
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Jysin

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Nasdaq might want to try a breaker halt today at this rate.
 
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Zog

Zog

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I know i said 31/32 on tqqq but to actually see it becoming more likely is crazy
 
C

Creslin

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USD keeps surging too.

war would mean either we get nuked and none of this matters or it’s bullish for stocks because they will print money even faster.
 
Zog

Zog

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1651766910239.png


That is a massive range, fixing the bottom line of the range is not in the nasdaqs favor.
 
Furry

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Sanrith Descartes said:
Yup. This is why people are floating the war thing. Otherwise it's even more incompetent than normal.
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Ya know what, I'm pretty comfortable on just settling on extra incompetent the way this presidency has been going.
 
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Jysin

Jysin

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We have attempted a bounce here at the 411.21 pivot (May 2nd low). Bullish argument if this holds is we have a higher low on the daily.

I've got no real outlook on near-term market direction though.
 
Sanrith Descartes

Sanrith Descartes

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Its truly a sign of how jaded I have become during the Corona years that I honestly dont even blink seeing -5% on the indexes. Five years ago I would have been emotionally wrecked. Today though, Its more like "fuck, GOOGL still isnt under $2300 yet".
 
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Sanrith Descartes

Sanrith Descartes

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Jysin said:
We have attempted a bounce here at the 411.21 pivot (May 2nd low). Bullish argument if this holds is we have a higher low on the daily.

I've got no real outlook on near-term market direction though.
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Realistically, we are really only around the lows of yesterday. That is how we have to think about it.
 
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