man ive never owned a stock this insane before lol. i usually miss these hyper momentum stocks cause im always late to the party, glad i got in this one and stuck with it months ago. TSLA and SQ have been amazing so far. but in the back of my mind i know the day will come when the momentum will stop, will be interesting to see how much the air gets deflated out the balloon.
Thank you @stock1234 I really appreciate you asking. Means a lot. Yes, really enjoying this downtime from the markets and the daily grind quite a bit actually. So much so that I’m not even actually really looking forward to returning back in the saddle next month lol. I’m starting to slowly get used to this and kinda liking it. It’s admittedly been a super nice break for a change for me from what I was used to for so long. It’s really been soooo refreshing haha. This past week was actually really the first time in a loooong time that I hadn’t even checked up on the markets for a whole week long. Yep, I didn’t event check the market from my phone or nothing. It was actually amazing too! I’m glad to see the market didn’t really do much of anything in the past few weeks. Seems I picked the right time to go AWOL haha. Woulda sucked if it happened while the market was crashing. I’m really looking forward to this fall though when I strongly feel that we’ll finally see some nice swings in both directions. Admittedly this market right now has been boring me the fuck out. It will be super nice to see some good ‘ole volatility in this market as we enter September and October. Which I’m still thinking will finally happen. I would personally be very shocked if we didn’t see some kind of meaningful pull before November. We will see. Might not last long though or even be that deep on a correction given QE-infinity and BTFD. But seriously, really hoping next month we’ll see a return to volatility. It’s been missed bigly. If I’m being wholeheartedly honest with you, I really hate the market right now. I’m not a big fan of this sideways rangebound shit. But hopefully that will change in the Fall. I’m actually secretly hoping the next correction will be as bad if not even worse than the March correction. But yeah the FED and brrrrrrrr won’t allow that to happen. Anyway, hope you guys been well. I should be back to some normalcy again by the start of next month. Have a great weekend @stock1234 and everyone else.
finviz shows 67% of all stocks are down today. Can also see the heat map right now, with an hour left of regular trading. Yet all 3 indices have been moving steadily up today
The Top Stock to Own right now on barchart.com is freakin' AAPL. Usually that list is topped by the biotech du jour or DKNG or OSTK etc. https://www.barchart.com/stocks/signals/top-bottom/top?viewName=main What a time, the world's biggest company is also the hottest momentum stock.
I honestly wouldn't be surprised if I wake up on Monday morning and TSLA is up 100%. I'd just be like, meh it's not even a billion market cap yet. Of course we all know that won't happen, because TSLA needs to hold $2100 for the split to take it back to 420.