Investing General Discussion

Furry

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<Gold Donor>
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Quick run to the store and buy all the bags of 25lbs of rice!

Bankers closed their long positions Friday, now theyre all in short positions.
My covid parlor is still completely full. How long will 200 lbs of rice and two cabinets full of spam last me again?
 

Blazin

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<Nazi Janitors>
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Wife picked an interesting week to take off work. Been working at property but trying to keep an eye on market. Would like to see us break below this level otherwise not really interested to make any more trades at this level. Apple is getting closer to where I would buy. Have SPY options expiring this friday @ $420 strike
 
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Shonuff

Mr. Poopybutthole
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welp, out of Facebook after being on it long term. This may be the one time they don't duck the government.
 
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Shonuff

Mr. Poopybutthole
5,538
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Wife picked an interesting week to take off work. Been working at property but trying to keep an eye on market. Would like to see us break below this level otherwise not really interested to make any more trades at this level. Apple is getting closer to where I would buy. Have SPY options expiring this friday @ $420 strike
I've been eyeing Apple too
 

Sanrith Descartes

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Wife picked an interesting week to take off work. Been working at property but trying to keep an eye on market. Would like to see us break below this level otherwise not really interested to make any more trades at this level. Apple is getting closer to where I would buy. Have SPY options expiring this friday @ $420 strike
I have an order in for $135 and I don't "think" it will hit, but crazier things have happened.
 

Big Phoenix

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1633377563897.png
 

Jysin

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MOC has been pretty meaningless the last couple weeks. We had a particular day last week with a 1.5B to the sell side and then had 30 minutes worth of green 5min SPY candles into the close. We did see a monster 6-7B sell side once last week (highest I have seen), but we didn't give too much.

Market is still in the precarious place. If we give up this low again, we likely see an accellerated move towards the 200D. There are some pivots along the way, but people are going to start getting emotional if we keep with this downward trend. Conversely, we have held this rough double bottom from Friday and can equally just move back higher.

Take some nibbles at levels, but the time now is for patience until we get a clear direction. Same thing I have been saying for a while now.
 
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Sanrith Descartes

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<Gold Donor>
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MOC has been pretty meaningless the last couple weeks. We had a particular day last week with a 1.5B to the sell side and then had 30 minutes worth of green 5min SPY candles into the close. We did see a monster 6-7B sell side once last week (highest I have seen), but we didn't give too much.

Market is still in the precarious place. If we give up this low again, we likely see an accellerated move towards the 200D. There are some pivots along the way, but people are going to start getting emotional if we keep with this downward trend. Conversely, we have held this rough double bottom from Friday and can equally just move back higher.

Take some nibbles at levels, but the time now is for patience until we get a clear direction. Same thing I have been saying for a while now.
Yep. With all the shit going on, if we can maintain this range the externalities will clear themselves. If you like a stock for the long term and its at the 200-DMA, why not take a bite. Definitely dont go wild with a big gulp, but a quarter position is a good entry.
 
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