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AMZN down over 4% again, who would have thought you would be losing money holding for AMZN for a year :eek:
BTFD certainly not working out too well this year so far lol. Sold CRM for about 0.5% profit earlier today. Still in profit with LOW but probably...
Yeah the banks are starting to look weaker lately although the DOW and value stocks have outperformed the NDX and the SPX :eek: We probably will...
DIS moving lower as well after the earnings from NFLX
Looks like the NASDAQ has turned from up over 1% to down over 1% intraday for 2 days in a row, wow :eek:
I haven't looked at the earnings but NFLX currently down over 8% AH, maybe they miss or disappoint on subscribers :eek:
The FED could be in a tough spot next Wednesday if this market continues to sell off until their announcement on rates next week :eek:
Wow a big intraday reversal here :eek:
LOL I am far from an active day trader, pretty sure a lot of people on this forum are daytrading a lot more than I do, some people get in and out...
QQQ in correction territory now I think, IWM not too far away from the bear market territory :eek: The banks are breaking down a little bit, value...
PG is a monster :eek: Who doesn't need Tide in their households I guess lol :p
CME pretty close at 52 week highs, it might benefit from the volatility that we are seeing right now :eek: VIRT is another name that could benefit...
Short term the market might go down more but we can always use the pullback as an opportunity to add to some long term positions :D
Got out of some long positions mostly at tiny 1% profit earlier today, didn't want to hold anything for too long now due to elevated volatility :p...
Gold is having a very good day too and so does GDX :eek: I kinda like gold here, the US dollar has priced in the rate hikes and more hawkish FED...
Maybe the FED should consider hiking rates next week when they meet, not sure if it is good for the market when everyone knows the rate hike is...
The SPX still just down about 5% from its ATH, seems like 10% correction is likely unless we begin to see signs of easing inflation or the FED all...
XHB down over 2% again today, it is not a sector that would love a rising interest rate environment for sure :eek:
Happy Birthday Cy :D Market bouncing off the lows a little bit but I guess today is the day both value and growth are weak, usually one of them...
:D
