Investing General Discussion

  • Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!



    Go here and give us your nominations!
    Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,452
120,409
For anyone curious, FTEC chart. Getting close to the 50-DMA at $132.59. The 100-DMA is $127.98 and I might add some at the 100 if we see it this week.

edit: looks like it bounced off the 50-DMA

1641394292254.png
 
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,452
120,409
MSFT heading toward the 100 DMA of $315.63. It hasn't breached it in a year. Keep an eye on this. if it doesnt bounce above it, we could be looking at multi-month consolidation. Its the second most influential stock in the indexes.

1641394976867.png
 
Tmac

Tmac

Adventurer
<Aristocrat╭ರ_•́>
9,968
16,976
1641395742247.png


Do you guys ever get worried about the parabolic growth? Like 2014-2016 FTEC growth seemed steady. 2017-2019 growth seems more aggressive. And obviously in 2019/2020 that growth exploded and is close to vertical as far as stonks go.

When do these trends change? Like if the first or second growth angle/trends are normal, do we see a correction? We have to right? Or will it just slow from where it is without a correction?

I guess I should look at 2008-2019 stonks and compare.
 
  • 1Like
Reactions: 1 user
Fogel

Fogel

Mr. Poopybutthole
13,121
51,888
Tmac said:
View attachment 391190

Do you guys ever get worried about the parabolic growth? Like 2014-2016 FTEC growth seemed steady. 2017-2019 growth seems more aggressive. And obviously in 2019/2020 that growth exploded and is close to vertical as far as stonks go.

When do these trends change? Like if the first or second growth angle/trends are normal, do we see a correction? We have to right? Or will it just slow from where it is without a correction?

I guess I should look at 2008-2019 stonks and compare.
Click to expand...

Over a large enough timeline, these growth spikes and inevitable corrections aren't an issue. They're only an issue for actively traded stuff, not long term holds. SPY is up almost 50% from the Pre Covid high, and almost 100% if you count the Covid Low. It had a similar rise in the lead up to the 02 dot.com bust and then the 07 housing crash, and within a year or two its recovered.

1641396689621.png
 
  • 1Like
Reactions: 1 user
wormie

Asshat wormie

2023 Asshat Award Winner
<Gold Donor>
16,820
30,968
Tmac said:
View attachment 391190

Do you guys ever get worried about the parabolic growth? Like 2014-2016 FTEC growth seemed steady. 2017-2019 growth seems more aggressive. And obviously in 2019/2020 that growth exploded and is close to vertical as far as stonks go.

When do these trends change? Like if the first or second growth angle/trends are normal, do we see a correction? We have to right? Or will it just slow from where it is without a correction?

I guess I should look at 2008-2019 stonks and compare.
Click to expand...
I would worry about it if I could do something to change it. But I cant so I don't.
 
  • 2Like
  • 1Solidarity
Reactions: 2 users
Jysin

Jysin

Ahn'Qiraj Raider
6,456
4,345
MTTR under the 200DMA and below the ascending TL support from months back. Careful if you're long.
 
Jysin

Jysin

Ahn'Qiraj Raider
6,456
4,345
Jysin said:
MTTR under the 200DMA and below the ascending TL support from months back. Careful if you're long.
Click to expand...
And FB just denied the earlier news leak of their VR/AR OS.

MTTR might pick back up, but it is below all of the support levels right now.
 
Big Phoenix

Big Phoenix

Pronouns: zie/zhem/zer
<Gold Donor>
46,364
98,427
Jysin said:
And FB just denied the earlier news leak of their VR/AR OS.

MTTR might pick back up, but it is below all of the support levels right now.
Click to expand...
Of course they would.

But considering every vr project that promised to be the next big thing has failed, Id say its likely they actually have.
 
Blazin

Blazin

Creative Title
<Nazi Janitors>
6,936
36,085
So many of my divy holdings ripping:
MRK, MPC, CLF, CAH, VZ, MDT all some strong moves up

MTTR sucking wind, PYPL holding up well given the tech drop, DKNG big laggard.


Sold a bunch of covered calls which right now looks like it's going to cost me (opportunity) . THe move up on these names just more aggressive than I was looking for, my CLF and MPC calls are now in the money with 2 1/2 weeks to go. MRK, VZ, CAH all near strike. I don't want to lose them but will have solid returns on anything called away so not exactly upsetting.
 
  • 2Like
  • 1Solidarity
Reactions: 2 users
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,452
120,409
Closed out my PLTR calls. it was throw-away money on a gamble that failed miserably. Lost about 55%
 
  • 1Thoughts & Prayers
Reactions: 1 user
P

Pharazon2

Trakanon Raider
671
1,048
Jysin said:
Just hit the newswire:



This changes the MTTR trade for me. Not looking for that support entry and going to wait and see how this plays out.
Click to expand...

I don't think this reflects some new view that AR / VR won't be as big as they'd hoped. They're probably just admitting that iOS / Android / Windows will still be the dominant OSes and its just a waste of resources to try to create their own OS for this future. Meta still investing tons of money into the hardware, they just need to figure out the best way to position their services for the HW inside Android and / or Windows. Maybe the news is affecting MTTR, but I don't think it should.
 
You must log in or register to reply here.