Daily Discussion - Main Discussion thread

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

  1. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Shoot looks like I am dead wrong lol although I didn't like the setup as much anyway after seeing the market rallying straight into the event today. Market down big AH :eek:
     
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  2. T0rm3nted

    T0rm3nted Moderator
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    I think people assumed he'd cancel them, as that had been previous practice the last few times
     
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  3. Money123

    Money123 Active Member

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    American people don't know this but where in 20 trillion in national debt because of dems forcing sub prime loans on Fannie and Freddie and taking us to hell 08 09. Rest is added on to 36 trillion. Many Republicans dont talk about this.

    This is nothing.
     
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  4. Frankenstein

    Frankenstein Well-Known Member

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    Ok. April 3. I entered long with the SPX at 5405
     
  5. Frankenstein

    Frankenstein Well-Known Member

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    The 5400 level is better than at the 6100 level
     
  6. Frankenstein

    Frankenstein Well-Known Member

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    If the SPX collapses more, then just add in...this is a buy zone for me
     
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  7. Frankenstein

    Frankenstein Well-Known Member

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    Man, did not expect this Friday morning to have this complete gap down
     
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  8. Frankenstein

    Frankenstein Well-Known Member

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    but I am adding in. I believe the price will be much higher, according to my theory, and must believe in that, but trade management is crucial in these situations, I've learned
     
  9. Money123

    Money123 Active Member

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    I need some capitulation then will buy in.
     
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  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    At least 10% for pretty much everybody, yeah I guess it caught most people off guard :popcorn:
     
  11. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Bought some today but my gut feeling is the short term bottom probably isn't in today but probably at some point next week :D
     
  12. StockJock-e

    StockJock-e Brew Master
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    Rough few days, but not sure we see a swift reversal, this kind of thing can grind lower.
     
  13. StockJock-e

    StockJock-e Brew Master
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    Ackman says Lutnick is leveraged long bonds and loves tanking the stock market.

    upload_2025-4-7_7-33-17.png
     
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  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Got some NVDA at $96.32, we will see if we are close to a short term bottom for the semi :D
     
  15. T0rm3nted

    T0rm3nted Moderator
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    Make your predictions. Tariffs go into effect at midnight tonight, or does he walk them back?
     
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  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    No walk back for sure at least for China. I have heard people buying the iPhone now since they think the next model could be more expensive due to the tariffs :eek:
     
  17. roadtonowhere08

    roadtonowhere08 Well-Known Member

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    I predict...
    [​IMG]
     
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  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Trump is destroying the market and potentially the economy and the consumers down the road with his aggressive tariffs policy while manufacturing would never come back here for the most part due to high wages and I doubt too many Americans want to work for those manufacturing jobs :lauging:
     
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  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Sold for 3% profit. Will look to enter with lower entry if I get it at all. Can't get too heavily invested at this point
     
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  20. roadtonowhere08

    roadtonowhere08 Well-Known Member

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    Lutnick: "The army of millions and millions of human beings screwing in little screws to make iPhones -- that kind of thing is going to come to America."
     
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