Daily Discussion - Main Discussion thread

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

  1. StockJock-e

    StockJock-e Brew Master
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    Growth stocks should not be down since Feb, the S&P is making new highs, you stocks should not be lagging! :D
     
  2. andyvds

    andyvds Member

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    Yes that's true - and I do not understand why f.e. AMD is not up. Best results ever.
     
  3. StockJock-e

    StockJock-e Brew Master
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    Buyers coming in ahead of results.

    Its no surprise that every gpu and cpu gets cleared out, they are out of stock everywhere!
     
  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Ethereum up big again :eek: Outperforming bitcoin lately
     
  5. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    AMD has severely underperfmed the semiconductor sector.
    [​IMG]

    RIght now it is in a trading range 73.75-95.75[​IMG]

    Buy (more) when it goes below that range. Eventually it will break over that.
     
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  6. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    CVS reports tomorrow morning. It is on the verge of breaking out to highest price in 5 years.
     
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  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Have held CVS for a few years. Has been dead money but at least I got some dividend payments :p Let’s hope it will really breakout after earnings :D
     
  8. bearmarketcrash

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    Hey all long time. Hope all are doing great. Just thought to chime in here for a quickie.

    So is it just me, or is anyone else also feel like the market (as whole) generally speaking has been about the most mundane as ever?

    I was chatting about this with my old man earlier today, kinda joking with him about how this year is looking an awful like 2017 in a way, where the markets were just kind of pegged at the highs, and not seeing any real large price pullbacks. Basically chopping sideways to higher for the whole doggone year.

    Sure, there are things out there that could pop up at any time, that is totally out of left field that completely surprises everyone and their cousins. Cue the black swan.

    But, seems like absent something entirely different from anything that we’ve ever seen before, whatever that can be (and I don’t believe any variants of covid is it), then could it be possible that the remainder of this year, will be a lot like 2017? A really uneventful year with practically zero market volatility.

    It sure does make for super boring markets though. I won’t lie, but admittedly I really miss the volatility spikes around covid last year. Waking up to lock limit down/up in the futes was amazing! I’m holding out hope that there will be yet another scary market moving event like that, but nothing so bad like on the magnitude of covid or course.

    I just wish these dang markets would snap outta the doldrums already!
     
    #528 bearmarketcrash, May 4, 2021
    Last edited: May 4, 2021
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  9. T0rm3nted

    T0rm3nted Moderator
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    Good to see you Cy @bearmarketcrash! Hope you are doing well. It is indeed a market that's just chilling here. I'm prepared for the market to pop, or to continue slowly grinding higher. I'm in no rush!
     
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  10. T0rm3nted

    T0rm3nted Moderator
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  11. bearmarketcrash

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    Mornin’ Chris! Thx bigly for that btw! Same to you as well. You da man. :worship:

    Interesting dip off the open on the majors this AM. Kinda ironic too that we’re seeing this odd red color, not even 24 hours removed from my post in here late last night taking about “mundane” markets haha. :p

    Might this dip actually have some staying power for a change? Or will this turn out being yet another BTFD back to new highs for the umpteenth time rinse and repeat? We shall see, but a nice little dip in the majors thus far this AM, which is admittedly refreshing to see for a change, not to mention quite healthy for this market imho. :p
     
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  12. StockJock-e

    StockJock-e Brew Master
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    Everything on sale here, good stuff like NVDA, AAPL, maybe some TSLA
     
  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Good call. Now my CVS position is in the green lol after holding it for a few years
     
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  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Picked up XM at $35.35 today since growth stocks were tanking, so far pretty happy with the entry :D Also picked up a little bit of PYPL so I hope growth will bounce somewhat tomorrow or later this week. Have added more value stocks to my holdings for the last couple of months but definitely still prefer growth stocks to do well :D
     
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  15. StockJock-e

    StockJock-e Brew Master
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    Cramer in Robinhood

     
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  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  17. T0rm3nted

    T0rm3nted Moderator
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  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Growth stocks continue to get hammered :eek: A lot of the speculative money probably have moved to cryptocurrency :p Banks, Materials and Industrials continue to look pretty good
     
  19. StockJock-e

    StockJock-e Brew Master
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    Thats right old man! Why bother with 2% annual gains if you can make 1000% next week with superDOGE?
     
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  20. Rustic1

    Rustic1 Well-Known Member

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    This is the way. Screw the markets, crypto is the new daddy, open 24/7.
     
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