Daily Discussion - Main Discussion thread

I've been holding UUUU, uranium stocks are hot. I think UEC may have been the hottest in the last couple of months.

https://finviz.com/screener.ashx?v=111&f=ind_uranium&o=-change

 

I completely missed out on CCJ, wanted to buy it but I kept waiting for lower prices, now it is running away

 

VIX got under 13 this week...we need a pullback to reset that a bit higher before we make a move for 2023 highs.

 

I entered long on Friday at SPX 4450. This morning Monday, I exited, for profit taking and risk management at 4460.

 

Since I'm all out, I'd like the SPX to crash as much as possible for a nice long entry

 

double post

 

Well I hope you will get your entry point soon, September and October are known for pretty volatile for the market so it could work in your favor

 

Maybe NVDA has peaked after that blowout earnings report, looking pretty weak lately

 

Well over 500 billion market for LLY, this stock might be in a bubbly territory

 

I entered my first long entry at SPX 4425...I don't care which way it goes...up and i profit...collapses, I can add more

 

I exited at SPX 4440. I prefer risk management and profit taking

 

I'm in my first long position at SPX 4430

 

I'm still looking for SPX to get down to 4325, just below the low for the last 3 months.

 

The recent IPOs aren't doing all that great, CART and ARM both moving down and KVYO pretty much went straight down after it opened for trading

 

Lots of charts setting up for bulls. We will see.

 

Closed at 4330, getting close to your target

 

MGM Restores Casino Operations 10 Days After Cyberattack (darkreading.com)

Took them 10 days to fix the problems The stock is down over 4% today but maybe mostly due to the market selloff anyway

 

So far the US economy continues to hold up pretty well. Some more tests are coming up for the economy though with student loans coming back, mortgage rates going up and oil prices are going up, etc.

 

NVDA continues to pull back, still at over 1 trillion market cap while the second biggest semiconductor TSM is at just over 400 billion

 

Didn't waste any time getting there, it's been a good week on the short side.
Looking to get back on the long side now, after resetting oscillators.