Daily Discussion - Main Discussion thread

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

  1. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Starting to pullback, looking ahead to Santa Claus rally in a couple of weeks.
     
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  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Hope so, I want another rally that would allow me to close more positions by EOY before the market will begin to go down again in Q1 2023 :D
     
  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    The banks are selling off hard, BAC is down big 2 days in a row :eek:
     
  4. Spud

    Spud Well-Known Member

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    If anyone follows the yield curve and inversion that is most likely why. Historically it means the obvious signs. Sum Ting Wong
     
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  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    MDB doing well after earnings :eek:
     
  6. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    The energy (oil) trade might be done unless China is reopening their country quickly :eek:
     
  7. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    I've been watching oil and noticed it wasn't getting off the floor recently.
    But Cramer had a technician (Carly Garner, the Nov 22 show) that said oil would recover in January, it was a seasonal thing.
     
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  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    China PPI and CPI just came out and they pretty much matched the estimates, now we will see the PPI in the US tomorrow morning :eek:
     
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  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    The PPI was hot, doesn't bode well ahead of the CPI next Tuesday :popcorn:
     
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  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Pretty big selling into the close :eek:
     
  11. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Pretty interesting we are seeing a nice rally going on just ahead of the CPI and the FOMC :eek:
     
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  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    TSLA continues to roll over here, not really following the overall market higher :eek:
     
  13. sam_volton

    sam_volton New Member

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    what are your guy's expectations for core CPI ? Santa rally or going down again ?
     
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  14. sam_volton

    sam_volton New Member

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    sold crypto after that pump, thx CPI
     
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  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Slightly leaning bullish for rest of the year but I am bearish for Q1 2023., I could be dead wrong though :p The FED announcement tomorrow could be the last big market mover before we move to 2023 :D
     
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  16. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Guess we had to go back to fill the gap today. Bears got lucky.
     
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  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    SPY up less than 0.4% now, let's see if we can hold onto the gains :eek:
     
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  18. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Stocks took a dip back to where the week started; bouncing back now.
    The week's high was made in extended hours (CPI data came out pre-market).
     
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  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Huge volatility and not surprising on the FED day :eek: I didn't do much since I was watching the World Cup match but I did manage to sell MRNA in my short term trading account, still holding shares in my longer term account though since I got in at $29.66 :D
     
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  20. sam_volton

    sam_volton New Member

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    short, short and short.
     
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