Daily Discussion - Main Discussion thread

Looks like the time for growth stocks again as the IVW/IVE ratio is likely bottoming.

 

There goes VUZI. One of my top picks for the year. Projected to double revenues each of the next 3 years.

 

Choppy waters my friend. Going to be like this for awhile longer.

About the only thing that is doing good is bitcoin.

 

Those high valuation tech stocks are getting hit with yields rising while those beaten down names like airlines and retail are having a pretty good day

 

Most of my stonks were up: SLV, Silver and Gold miners, integrated oil, oil refining, XLE, RAVN, even Ford.

Copper looks toppy.

Listen to me "Copper Top"

 

Looks like some of the big banksters did okay too. Higher rates must be coming, Tech don't like that, banks do, as do the commodes.

 

The PPT has been alerted and will be in full battle mode to bring the market back up. Question is will they be able to overcome the panic sellers as they stampede at the door. Enjoy the show, trade/invest safely. Dont be greedy.

 

You take the fun out of everything Rustic1.

 

I have my own style. When some scream BUY BUY BUY, I sometimes interpret BYE BYE BYE.
Especially when I make observations of the yield curves and some tell me its irrelevant. Obviously we see how the market is reacting. I'm holding all of my red positions and taking advantage of a few option plays that make up for the difference, so far. I go against the grain and NEVER fully invest just for days like this.

 

I invite anyone to read my silly thread " what is the birdie saying" comical but describes my views.

 

You know an experience makes me think you have some wisdom. I stupidly made some sells last month that violated good faith transaction rules on td ameritrade so I can only buy with unsettled funds until end of April I think. I sold some positions yesterday and I'm not sorry I did. I would like to expand some down positions today but I have to wait until tomorrow's settlements. Had I kept even a little cash, say 5% of my account value, I could take advantage of some opportunities today.

I had always intended on keeping some cash available but I didn't follow through.

 

SNAP very strong today

 

Tiger Woods injured in crash, jaws of life were used to rescue him (cnbc.com)

A little OT, hope he is ok. One of the greatest ever for sure

 

Pretty strong bounce here, NASDAQ is now just barely red

 

Choppy waters. Shaking the trees, knocking out stops and panic selling.

 

Looking for red in SPX tomorrow since it was up today.

https://twitter.com/michaelsantoli/status/1364213289710981126

 

The DOW definitely has outperformed lately, thanks to those boring and old economy stocks lol

 

Another day of tug n war. Choppy waters, ride the wave.