Daily Discussion - Main Discussion thread

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

  1. gtrudeau88

    gtrudeau88 Well-Known Member

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    Having a pretty good day. Fluctuating being up from .70%-.97%. Not as good as the day's DJIA but just ahead of S&P and way ahead of NASDAQ (which is in the negatives today)..
     
  2. gtrudeau88

    gtrudeau88 Well-Known Member

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    The nosedive has begun, mostly in DJIA and S&P. Nasdaq has been down all day so nothing new there.
     
  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Slowly picking up some big cap tech stocks like AMZN, NFLX and FB, etc. Feel like the rise for bonds yields have to pause for a day or two pretty soon :p
     
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  4. Rustic1

    Rustic1 Well-Known Member

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    You should know the bond yields have absolutely nothing to do with the markets. :D

    Noticing NASDAQ just puked up 3 months of gains, some stocks are on sale. I'm greedy, I want more blood before I get excited.
    :popcorn:

    Hanging out with my little red birdie and the hawks for now. :cool2:
     
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  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I might be early but some big cap tech stocks start to look pretty interesting now :popcorn:
     
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  6. Rustic1

    Rustic1 Well-Known Member

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    Longterm, if you buy in tiers you will be fine, you know the routine.

    I gotta get the most bang for my buck w my 200 dollar robinhood account. :D
     
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  7. sam_volton

    sam_volton New Member

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    I wish the whole money taken out from tech stock by investors go to Dji. The correction would come in next 15 days but I do not think it'd come before sp500 makes 2-3% return. Then the market will sell more as the bonds will join the rally. I think if the bond yields surpass 1.67.. Then we will see them reach higher. This would happen in April but before we reach up to April. We'll see the real correction. That is my idea and I hope it won't happen.
     
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  8. T0rm3nted

    T0rm3nted Moderator
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    Tech showing relative strength. Have we found a bottom?

    upload_2021-3-9_6-56-46.png
     
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  9. spindr0

    spindr0 Active Member

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    If you compound that at 10% a year for the next 25 years, with $2k+, you'll be a wealthy man among those who sleep beneath the underpass on the interstate.;)
     
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  10. Rustic1

    Rustic1 Well-Known Member

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    :rofl:

    I will just hold my BTC, CASH, draw my weekly dividend from TSLA and trade the trends. May not do the buying stocks thing anymore. Just me and my options. :D
     
  11. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    OK today is pretty much the exact opposite of yesterday. Growth is getting bought and value is underperforming. Guess bonds yields will continue to drive the action for awhile to determine whether value or growth will outperform. We get the CPI tomorrow and it could move the bonds yields a little bit
     
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  12. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Strong finish by QQQ; bears have lost control for now.
    Still think % of stocks above 200 sma is too high to get a real long run, but market selloff not coming til next month imo.
    As whipsaw as last week was, SPY was up.
    Be careful what growth stocks you buy right now.
     
  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Guess the real rollover won't start until value rolling over along with growth if yields continue to spike :p
     
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  14. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Yeah a lot of bank stocks (eg value stocks) have RSI over 80 right now. Another month of this, and value and growth will be primed to drop together.
     
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  15. Rustic1

    Rustic1 Well-Known Member

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    I have been waiting for the big KABOOM. then I might decide to go long on a few. Until then yall have at it.
     
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  16. TGInvesting

    TGInvesting New Member

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    • User warned multiple times
    All in on Tech
     
  17. Rustic1

    Rustic1 Well-Known Member

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    Another one bites the dust? :rofl:
     
  18. T0rm3nted

    T0rm3nted Moderator
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    To be fair I used the warming system on that one. Accruing points increases suspension/ban times.
     
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  19. gtrudeau88

    gtrudeau88 Well-Known Member

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    Looking forward to the open. My positions are quite positive so far.
     
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  20. Rustic1

    Rustic1 Well-Known Member

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    USER WARNED MULTIPLE TIMES. !
    Can I get one of those cool,neat thingys? :lauging:
    Much like Johnny Cash, I walk the line and dance the ring of fire.

    Had a nice rebound from the recent selloff, curious if we hold and move forward or retrace and get a better feel. Yields are cooling off but for how long.
     

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