Daily Discussion - Main Discussion thread

Discussion in 'Stock Market Today' started by T0rm3nted, Feb 8, 2021.

  1. Rustic1

    Rustic1 Well-Known Member

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    Gonna be fun playing the minis .
     
  2. Syynik

    Syynik Well-Known Member

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    Oh my god, the memories! I was working part time so spent from 9:30 to about 1:00 in the chat M-F. MJOKE would regularly be arguing/complaining about someone..

    Awww, Just thought about Czar. RIP, Vlad.
     
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  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    I think we'll be up tomorrow (Friday), partly because we've been down 3 days in a row. Also so far futures haven't drilled down below today's low.

    But my opinion is we're going down some more after that. So not going to be buying this dip too hard.
     
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  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    In the good ol' days (i.e. before this year) when the market went down -1%, we'd be buying the dips.
    Guess we're working off the overexuberance now.
     
  5. Syynik

    Syynik Well-Known Member

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    Agreed. Something is telling me not to jump the gun.
     
  6. T0rm3nted

    T0rm3nted Moderator
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  7. gtrudeau88

    gtrudeau88 Well-Known Member

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  8. T0rm3nted

    T0rm3nted Moderator
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    Big gap up in the morning, followed by a very quick market sell-off
     
  9. gtrudeau88

    gtrudeau88 Well-Known Member

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    Most everything up for me, especially nvax and kmi. I'll enjoy the green today but will probably turn red tomorrow
     
  10. roadtonowhere08

    roadtonowhere08 Well-Known Member

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    The market is open on a Saturday where you are? :lauging:
     
  11. gtrudeau88

    gtrudeau88 Well-Known Member

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    Novavax up almost 8% (nice change for once) and GTN up by 2%. I'm up .91% overall today. If this holds I'll be up for the week overall, barely.
     
  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    A pretty wild day :eek: Looks like yields have stabilized somewhat and off the highs and we are seeing those beaten up tech/growth/momentum names rebounding
     
  13. removedatuserrequest

    removedatuserrequest Well-Known Member

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    ew's most anticipated er's for the week ahead:
    [​IMG]
     
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  14. Rustic1

    Rustic1 Well-Known Member

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    These 2 are on my high watch list. Earnings are not to be ignored, like charts they tell a story.

    Screenshot_20210306-083200_Gmail.jpg Screenshot_20210306-083249_Gmail.jpg
     
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  15. removedatuserrequest

    removedatuserrequest Well-Known Member

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    @OldFart if you're still out there and lurking (hopefully yes) first, i've missed you tons on here man. hope you can get a quick minute to log in here to say hi. ;)

    second, that infamous 666 has reared its ugly head again ... now showing up over on reddit this time :p

    2.png
     
  16. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Well possibly last week was the bottom.
    Growth stocks like SHOP tested the low for the year then bounced 10%.
    SPX is back above 3800.

    In the VIX, Thursday's candle has the long top wick. The weekly candle is a doji; red even, The last 2 weeks of volatility are just flat, opening at 24.5 two weeks ago then closing Friday at 24.7.

    Possibly need to get all the way back in this week.
     
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  17. T0rm3nted

    T0rm3nted Moderator
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    Tech continuing to significantly underperform

    upload_2021-3-8_6-58-55.png
     
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  18. Rustic1

    Rustic1 Well-Known Member

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    Yeah buddy, coming back to reality, I'm guessing the yield curve is rising? If it inverts, gonna be a panic selling event. :D
     
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  19. T0rm3nted

    T0rm3nted Moderator
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    Close to an hour later....

    upload_2021-3-8_7-52-9.png
     
  20. Rustic1

    Rustic1 Well-Known Member

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    See what 10am does.
     

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