Daily Discussion - Main Discussion thread

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

  1. Spud

    Spud Well-Known Member

    Joined:
    May 6, 2022
    Messages:
    627
    Likes Received:
    293
    Been a rug pull on the recent junk stocks "meme,etc", run em up and short em down.
     
  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,662
    Likes Received:
    4,684
    Google screwed up big time for sure this time around :popcorn:
     
    Smokie likes this.
  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,662
    Likes Received:
    4,684
    Got some GOOGL shares at $83.43 back in November, I doubt I will be averaging up but might add again if it drops below of the prices that I got in :D
     
  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,662
    Likes Received:
    4,684
  5. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,338
    Likes Received:
    3,384
    Disney got Enphase'd today. Up more than 10% after hours but when the market opens it goes all red.
     
    stock1234 likes this.
  6. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,662
    Likes Received:
    4,684
  7. Smokie

    Smokie Well-Known Member

    Joined:
    May 24, 2022
    Messages:
    1,432
    Likes Received:
    981
  8. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,338
    Likes Received:
    3,384
    Welcome to the club, NET.
     
    stock1234 likes this.
  9. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,338
    Likes Received:
    3,384
    CPI tomorrow.
    Last time was -0.1%, this time expected to be +0.5%.

    Also Core CPI. Last time was +0.3%, this time expected to be +0.4%.

    I lightened my exposure.
     
  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,662
    Likes Received:
    4,684
    Yeah I didn't do much today, if we rally hard on the number tomorrow then I probably will sell some more stocks to take some profits off the table.
     
  11. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,662
    Likes Received:
    4,684
    Strong retail sales this morning, it is not adjusted for inflation but still a pretty impressive showing by the US consumers despite high inflation :eek: I still think we will have another selloff later this year unless we get a FED pivot or inflation slowing down significantly all of the sudden but for now I am leaning slightly bullish with this market momentum despite some red flags such as rising rates and the rising dollar :D
     
  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,662
    Likes Received:
    4,684
    The rally continues for growth and Cathie Wood stocks :eek:
     
  13. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,338
    Likes Received:
    3,384
    Bears haven't been able to hold /ES below 4100 all week.
     
    Smokie and stock1234 like this.
  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,662
    Likes Received:
    4,684
    Smokie likes this.
  15. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,338
    Likes Received:
    3,384
    Yesterday's reversal took us right down to 4100 /ES at the close. And this morning we will be opening below that level; let's see if the bears can hold it below this time.
     
    stock1234 likes this.
  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,662
    Likes Received:
    4,684
    A typical OpEx day I guess, just moving up and down without a clear direction, I guess next week we should get a better idea on whether this is really the beginning of another selloff, at least bonds yields didn't spike again today.
     
  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,662
    Likes Received:
    4,684
    Well a pretty big selloff here. Down the road I think there will be an excellent buying opportunity for longer term investors but I still think we will see more pain before the better days for the market :popcorn:
     
  18. Frankenstein

    Frankenstein Well-Known Member

    Joined:
    May 18, 2016
    Messages:
    794
    Likes Received:
    404
    Ok. I'm back in long--not a lot, but at this level, can make some cash...better than nothing. In at SPX 3985
     
    stock1234 likes this.
  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,662
    Likes Received:
    4,684
    Nice, hope you will make some money with this trade :D
     
  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,662
    Likes Received:
    4,684

Share This Page