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

  1. T0rm3nted

    T0rm3nted Moderator
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    So far you're looking good with this call
     
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  2. Rustic1

    Rustic1 Well-Known Member

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    No sir. I make observations, I read,study and try to plan accordingly. Been watching the yield curve intensely and the waves it created. The FED controls money not the yields, when they want to run, they run. Making a speech or two only builds temporary confidence that draws in the buyers so the sellers can cash out at higher prices.
     
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  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Not liking this bounce that much so far, yields down but SPX barely up. If we see little bit of a spike in yields then tech could begin to drag this market down again :p
     
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  4. T0rm3nted

    T0rm3nted Moderator
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    Well I was looking good on this until the last 10 minutes...

    upload_2021-2-26_14-58-45.png
     
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  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Pretty poor price action into the close, sold into the close despite TLT finished near HOD :eek:
     
  6. StockJock-e

    StockJock-e Brew Master
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    Next week goes higher
     
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  7. Rustic1

    Rustic1 Well-Known Member

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    Well, I got close but 2 out of 3 still don't make it a win.
    Sometimes when you mess with the bull, you get the horns. :D young-man-runs-away-angry-260nw-1790220548.jpg
     
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  8. removedatuserrequest

    removedatuserrequest Well-Known Member

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    ew's most anticipated er's for the week ahead:
    er1.png
     
  9. T0rm3nted

    T0rm3nted Moderator
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    Welcome to the new trading week all!

    upload_2021-3-1_7-10-51.png
     
  10. Rustic1

    Rustic1 Well-Known Member

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    May our bags recover and our futures brighten up.:lauging:
     
  11. gtrudeau88

    gtrudeau88 Well-Known Member

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    If premarket is any indication, we could have a nice day on our hands. However I have seen in the last 2 months plenty of days that starts direction x and the day utterly ends up facing direction y.

    Good luck to all.
     
  12. T0rm3nted

    T0rm3nted Moderator
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    The market is just absolutely ripping today
     
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  13. Rustic1

    Rustic1 Well-Known Member

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    Yields took a break. We are recovering lost ground, my bags are looking better. :booyah:
     
  14. gtrudeau88

    gtrudeau88 Well-Known Member

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    Assuming this nice run lasts the day, I think this will be the largest single day gain I've seen since I started on this journey back in November.
     
  15. gtrudeau88

    gtrudeau88 Well-Known Member

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    Yields could be the reason. It could equally be that the White House changed brand of toilet paper (no idea), the former french president Sarkozky is heading to jail (true), or any other "fact", true or false. With rare exception I don't think there is a reason for what the market does on any given day.
     
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  16. Rustic1

    Rustic1 Well-Known Member

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    Yields were 100% the main reason. Overlay the charts. Looking back in history it matters more than most realize.
     
  17. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    If SPX 3800 was indeed the low for now...
    When you hit the extreme low then there are no more sellers and everything can bounce. We'll see what keeps bouncing this week.
     
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  18. Rustic1

    Rustic1 Well-Known Member

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    I closed out all longs except TSLA, PLTR and BITCOIN. Most were in the green.

    Hanging out for now and making a few plays.
     
  19. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    VIAC strong, with Paramount+ premiering this week.
    [​IMG]
     
  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Taking some profitable positions off the table today, didn't buy anything just yet today and pretty doubtful I will be a buyer at all today :p
     

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