Daily Discussion - Main Discussion thread

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

  1. Money123

    Money123 Active Member

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    Let's hope Biden uses the 14th amendment before default if Dems can't pass the bill.
     
  2. roadtonowhere08

    roadtonowhere08 Well-Known Member

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    0% chance of a default. It's all political theater.
     
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  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    AI stocks continue to go crazy :eek: Looks like people are selling value and rotating into tech now, energy and healthcare looking relatively weak.
     
  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    This AI hype is getting a little crazy, I wouldn't mind if it goes further since I do have some exposure to AI related stocks but I am getting a little worried when those stocks are going up like some penny stocks :lauging: I was hoping to add some more exposures to AI but I am not chasing it up here :lauging:

    AVGO and LULU earnings next week, both companies that I am interested in. AVGO will be especially interesting, if they say good things about AI like NVDA and MRVL did then I wouldn't be surprised to see this AI hype to continue
     
  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  6. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    I just took another look at LULU, it looks like the XRT ETF is ready to turn around now that it is at last year's bottom. LULU could have a big reversal to this month's range...they sold the Mirror, right?

    AI will be cool, we'll all have our own little army of robot slaves.
     
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  7. andyvds

    andyvds Active Member

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    Adobe could be a huge winner of AI. The new Photoshop beta AI features are amazing.
     
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  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yeah NKE weak lately while CROX and FL tanked after earnings, will be interesting to see if LULU will do better ;)
     
  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    AMBA down after earnings, let's see if it will slow down the semiconductor trades a little bit :eek:
     
  10. Money123

    Money123 Active Member

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    Sick it's not baked in debt ceiling is going to pass and markets go down. Worst president ever Joe Biden.
     
  11. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Well sold MU yesterday and sold ANET today, they had a monster run and I am taking some profits here, I hope I won't regret it later :lauging:
     
  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    TSLA had another strong day :eek:
     
  13. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    There was a story that the Model Y outsold every other car, EV or otherwise.

    AI is down -20% after hours, looks like that has peaked. Likely means NVDA's run is over for this month.
     
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  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I sold NVDS for a 5% profit today, maybe should have held :D
     
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  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    A good call on LULU :thumbsup:
     
  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Guess I was lucky to get out of NVDS yesterday, NVDA moving right back up today :lauging:The SPX finally closing above of 4200s, let's see if we will have some kind of breakout to the upside for the market and if we do then it looks like tech will be the sector leading the market higher.
     
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  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    AVGO moving higher after earnings, might see some more upside for the AI related stocks tomorrow :eek:
     
  18. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    9 red days in a row on LULU heading into ER, lost 15% in a month. And that got reversed with this evening's ER.

    Tech is definitely leading the market to the upside, which is bullish.

    I still like gold.
     
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  19. Money123

    Money123 Active Member

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    Good day to sell for a profit now. We will see what happens next few days.
     
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  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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