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Shonuff

Mr. Poopybutthole
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Now they are talking Tom Lee's "Everything Rally." He just said buy epicenter travel and leisure stocks and FAANG. Added XLI, some LVS , FB, Uber and XLF.
 
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Big Phoenix

Pronouns: zie/zhem/zer
<Gold Donor>
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Crossposting in both threads.

As of today's closing AMD is up about 6800% from its low back in 2014.

Also looks like holding LVS over the weekend. Lets get a few more good days before Tesla and Nvidia send the market down as they "correct".
 

Mist

REEEEeyore
<Gold Donor>
31,207
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As of today's closing AMD is up about 6800% from its low back in 2014.

Also looks like holding LVS over the weekend. Lets get a few more good days before Tesla and Nvidia send the market down as they "correct".
Yeah I was confused that AMD was left off that list too.
 

Zog

Blackwing Lair Raider
1,805
2,324
1636144637331.png


Im 100% cash and have been all week, filled with regret and lost in the circus that is the market.

I hope there is a crash because this shit just doesn't make any sense.

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The market wants a rate hike.

I can't have conviction without direction. This is just madness.
 
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Gravel

Mr. Poopybutthole
39,470
129,984
I think a crash is definitely on the table. It's not inevitable, but pretty likely.

The problem is, if we really are in a melt up, you're going to miss potentially a massive amount of gains we have until it does. It's the conundrum you'll always face trying to time the market.

There are people who've been waiting for a crash since 2012. That's an awful lot of missing out they've done.
 
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Shonuff

Mr. Poopybutthole
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791
The market isn't crashing this year. When you see the reaction on Fed tapering, and then the Pfizer news virtually eradicates covid, I'd rather be long everything but the pandemic winners.
 

Shonuff

Mr. Poopybutthole
5,538
791
The market wants a rate hike.
Sez who? The corresponding price action is not agreeing with your statement. Honestly, the Fed has spent so much time bracing markets for a taper that this is the result we are getting.
 
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Zog

Blackwing Lair Raider
1,805
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Sez who? The corresponding price action is not agreeing with your statement. Honestly, the Fed has spent so much time bracing markets for a taper that this is the result we are getting.

Bond yields spike lower,

MSFT
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NVDA
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TSLA
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FB
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AAPL
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BAC
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JPM
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Wheres the money going bro?


Its not in bitcoin either.

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DXY

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Shonuff

Mr. Poopybutthole
5,538
791
Bond yields are lower because the bond market is believing the Fed that inflation is transitory.
 
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Shonuff

Mr. Poopybutthole
5,538
791
If you went with me into the reopening trade last month (and stayed), you are being rewarded. I believe there is still room to run, as this is being seen as the death of covid. A lot of the reopening plays are gathering strength.

 

Shonuff

Mr. Poopybutthole
5,538
791
Tom Lee just said on CNBC

"...many of our clients — not most, but many — are sitting on very uncomfortable cash positions. They’ve been waiting for that 10% pullback, not that we’ve been calling it, but they’ve all had that as a consensus view, thinking the Fed was going to trigger it. Now that it doesn’t look like it’s happening, that money gets put to work.”"
 
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Zog

Blackwing Lair Raider
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Now the big question is: what will see the biggest pump? CAT? VMC? Rail? CLF/X? CHPT?

Broadband I am clueless on, not sure what companies will get exposure to it.
 

Fogel

Mr. Poopybutthole
13,163
52,202
I'd agree with Hateyou Hateyou and Blazin Blazin that we're around the disbelief/optimism area. Look at the chart and trends below, I can see the 20 MA have a little more room to move up before we get a week or two of a dip/consolidation, then the trend upward will continue.

1636212381523.png
 
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