I've been adding to my SCO position and USO puts for a week+ now. I was not expecting the jump from $100 to $130 to happen as quickly as it did (or at all, frankly)...so my entry timing was too early. But, with today's move I'm basically break-even on both, and therefore very well positioned since I believe this is only the beginning of the downside. We'll see...
Top of the morning Stockaholics! Happy Thursday to all of you! And welcome to the new trading day and a frrrrrrrrrrrrrrrrrrrrrrrrresh start! Here is a quick check on those futures as we are a little over 3 hours from the cash market open. GLTA on this Thursday, March the 10th, 2022.
I should be interested in the SPX 4210 level this morning--for a long trade...but I'm not. I don't know if the SPX will take off to the north, because it's in a certain range box, but I'd rather see the SPX around 4150 to 4170 or even 4180 to be interested now [if it happens]. I guess a problem is that the SPX, if truly bullish, should be in the 4300 to 4400 range or even above 4400--but it's not. It doesn't smell right.
Got back into FCX today at $46.82, find myself playing a lot of these commodity trades lately Bought some ENPH at $179.31 to average down, my initial entry was pretty poor and my average now is $212.65, still long way to go to breakeven
Yeah, it can be kind of tricky--but, I truly believe it's a skill and one can start to really get the hang of what to do after a while
Top of the morning Stockaholics! Happy Friday to all of you! And welcome to the final trading day of this week and a frrrrrrrrrrrrrrrrrrrrrrrrresh start! Here is a quick check on those futures as we are a little over 2 hours from the cash market open. GLTA on this Friday, March the 11th, 2022.
here is the quick sneak peek at next week's notables on the ER front for any of you's lookin' 'round for it. have a great weekend.
The NASDAQ falls deeper into a bear market I am hoping to see a washout day soon, these orderly red days and slow bleeding don't bode well for us to find a short term bottom soon
Analysis: Investors shift to Latam amid war in Europe, but risks remain | Reuters The Brazilian market has easily outperformed the US this year
Gooooooooood Friday evening and a happy weekend ahead to y'all's here at the Stockaholics community! Bit of an earlier posting for me here as I'm going to be super slammed with activities this weekend. In any event, in case any of you missed it in here earlier today, here are the most anticipated earnings releases as well as the highest volatility earnings releases courtesy of Earnings Whispers for next week: Meanwhile, here is the trading week ahead thread which is now up on Reddit for anyone looking for a quick read over this coming weekend: https://www.reddit.com/r/StockMarket/comments/tc4b3n/wall_street_week_ahead_for_the_trading_week/ Have yourself a wonderful weekend Stockaholics! And here's to another terrific trading week ahead! Get that moola! Will catch up with y'all's same bat time, same bat channel bright and early in the AM on Monday.
Top of the morning Stockaholics! Happy Monday to all of you! And welcome to the new trading week and a frrrrrrrrrrrrrrrrrrrrrrresh start! Here is a quick check on those futures as we are under 3 hours from the cash market open. GLTA on this Monday, March the 14h, 2022.
Morning Lineup - 3/14/22 - Up (For Now) Mon, Mar 14, 2022 It's a new week, and while it has been typical to see futures lower on the first trading day of the week so far this year, the S&P 500 and Dow are currently indicated higher. Nasdaq futures were higher earlier but have given up those gains. The catalyst for the weakness in tech stocks this morning is likely due to new COVID lockdowns in China and the impact that these shutdowns will have on tech supply chains. Crude oil prices are down over 5%, and the cause for that decline seems to be tied to some positive sentiment related to cease-fire negotiations over the Russia-Ukraine war, but it could also be related to concerns over demand as China starts new rounds of Covid lockdowns. One thing for sure, is that a new wave of lockdowns in China, will not be good for global economic growth. It's a new week for the markets in what has been a lousy year. Heading into the week, all but four sectors are oversold, while Energy and Utilities actually finished last week at overbought levels. Consumer Staples (XLP) was the big loser last week falling close to 6%, while Technology (XLK) and Communication Services (XLC) fell more than 3%. On a year-to-date basis, the performance disparity between Energy and everyone else continues to widen. While XLE is up over 38% YTD, no other sector is in the black, and Consumer Discretionary (XLY), XLK, and XLC are all underperforming the Energy sector by more than 50 percentage points YTD. Gaps in performance of that magnitude are pretty much unprecedented.
Ok, entered long at 4170 [first entry]. So, it goes up, good. If it collapses, I can enter some more.
Well looks like the slow bleed continues for this market, we still haven't seen the big washout day that @bigbear0083 has mentioned I am thinking we might not see any meaningful bottom until we see a day that even the biggest bulls are gonna sell on panic
Hey everyone! I couldn't figure out how to make a thread so posting here. I used to follow closely here when TTT was around. Miss that guy. Anyway, Ive only been about 20% invested over the last 6 months (luckily considering I'm generally a heavy tech investor). Looking for advice on reinvesting. Tentatively I think my plan is to slowly invest over the next 6 months into more conservative funds like VTI, VTUS, SPHD...etc. Then, if i feel we are nearing a bottom and want to leverage more once fully invested start shifting money out of conservative funds back into tech. Thoughts? Part of me almost wants to just go heavy into tech straight away with stocks like PayPal, meta (FB), and NFLX being down 60% from ATH.
