Investing General Discussion

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Lightning Lord Rule

Il_Duce Lightning Lord Rule

Lightning Fast
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Sanrith Descartes said:
They are all good stocks long term. I flipped WYNN and FDX and might jump back in on weakness. ABBV and UNP are in my portfolio.
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Ya, I remember. For WYNN I'm at 87 cost basis, so I'm waiting since I think it can get better. For FDX, I'm at 227 and I think the long term outlook is pretty good, as its recent highs are over 300 which I don't think is out of the realm of possibility again. Hope and foolishness spring eternal.
 
Sanrith Descartes

Sanrith Descartes

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Lightning Lord Rule said:
Ya, I remember. For WYNN I'm at 87 cost basis, so I'm waiting since I think it can get better. For FDX, I'm at 227 and I think the long term outlook is pretty good, as its recent highs are over 300 which I don't think is out of the realm of possibility again. Hope and foolishness spring eternal.
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WYNN has failed like 5 times to break overhead resistance at $91-$92 and hold it. That is why I flipped out of it. If it can, then its got some clear air to around $103. The problem is it keeps getting sold off when it hits that resistance. And it keeps making lower highs when it fails.

1642707267715.png
 
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Sanrith Descartes

Sanrith Descartes

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QQQ getting close to testing the after-market lows from last night.

The last hour of QQQ

edit: Blazin Blazin Jysin Jysin what are your voodoo charts telling you? Are we going to rollover from that +2% morning high?

1642707476972.png


edit: WTF was that just now? The Plunge Protection Team?

1642707764981.png
 
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Lightning Lord Rule

Il_Duce Lightning Lord Rule

Lightning Fast
<Charitable Administrator>
11,013
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Sanrith Descartes said:
WYNN has failed like 5 times to break overhead resistance at $91-$92 and hold it. That is why I flipped out of it. If it can, then its got some clear air to around $103. The problem is it keeps getting sold off when it hits that resistance. And it keeps making lower highs when it fails.

View attachment 393880
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But but but Morgan Stanley recently adjusted their price target to 117 from 114... I mean they're good, right??

dd0.png
 
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Sanrith Descartes

Sanrith Descartes

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Im sorely tempted to double my GOOGL stake I bought yesterday if it bottoms again today. Once you dance with the Devil it really dont matter how much you dance, amirite?

Edit: I did. Bought another share at $2699
 
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karma

karma

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Despite how many times we talk about the market, and timing it.

I looked at that FTEC batch I grabbed yesterday this morning 2% up, and looked at the indexes, something told me to sell it, but I went out and did things that needed doing. Not worried about it being red other than I could have grabbed some free money and just re bought today. There is that hind-sight monster rearing its ugly head!
 
Sanrith Descartes

Sanrith Descartes

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karma said:
Despite how many times we talk about the market, and timing it.

I looked at that FTEC batch I grabbed yesterday this morning 2% up, and looked at the indexes, something told me to sell it, but I went out and did things that needed doing. Not worried about it being red other than I could have grabbed some free money and just re bought today. There is that hind-sight monster rearing its ugly head!
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I got my shares at $123 after all.

Put an order in to add another tranche at my original $122.
 
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