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Stock Market Today: June 22nd - 26th, 2020

Discussion in 'Stock Market Today' started by bigbear0083, Jun 19, 2020.

  1. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    So it appears that I suck at this swing stuff, lol. I hit my targets on my September shorts so I am all cash again. I'm supposed to be building a bigger short position, but (to my mind at least) I should be doing this on pops bigger than we have been getting, so no position now. :mad:
     
    T0rm3nted and stock1234 like this.
  2. Vdubman

    Vdubman Active Member

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    Deep selling into the close again. Typical Friday in these times
     
  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Futures usually open down on Sunday evening too :D
     
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  4. Vdubman

    Vdubman Active Member

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    Man can you believe I paid $10 for a pound of ground beef today. I had to ask myself, is this Kobe beef or something?
     
    anotherdevilsadvocate likes this.
  5. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    Wow, where are you? We are in the $4 range here in SW AZ.
     
  6. Frankenstein

    Frankenstein Active Member

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    Ok. I entered long position #1 at SPX 3008 today. I don't care if it goes up or not. But, if it collapses more, I shall enter lot #2. I expect the SPX to minimally go up to 3050 at some point. I mentioned I had exited totally at SPX 3050 a while back because I expected this retrace. So, stay in the game--but wisely!!!
     
    AverageJoesTrades likes this.
  7. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    Smart move, I was just telling my wife... that was the play. I had 3009, but I really should have bought some short term longs there. No doubt, hopefully I’ll see the bigger picture faster and sooner like you before long.
     
  8. Transparency Trust

    Transparency Trust New Member

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    You guys are brave going long right now, especially at these levels. What is your time frame?
     
    Vdubman likes this.
  9. A55

    A55 Active Member

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    Is this where the off color comments are made? $10!?!? American or 3rd world country?
     
  10. Vdubman

    Vdubman Active Member

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    Midwest and I realized the pre-made patties are a 100% markup for 80/20. Straight ground is $4.85/lb. flipping crazy when you do online ordering of groceries. Apparently the person either didn’t realize it was straight ground on the order or they were out so they got the pre made patties.
     
  11. A55

    A55 Active Member

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    Maybe you are ordering from the wrong store. $10 lb should buy steak, not hamburger.
     
  12. T0rm3nted

    T0rm3nted Moderator
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    Congrats on the win. If I'd known your september short positions were only 2-3% drops, I might not have "argued" with you earlier lol
     

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