Investing General Discussion

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Big Phoenix

Big Phoenix

Pronouns: zie/zhem/zer
<Gold Donor>
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Mist said:
lol mine is 291.42. I suck.
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Salvation awaits us all;

1644436349452.png


MSFT, GOOG and AMD all had fantastic earnings. No way Nvidia doesnt also....right?
 
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Sanrith Descartes

Sanrith Descartes

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Posting this to reinforce the concept of buying when blood is running in the streets. This is why I buy on technical levels and do my best to ignore the noise. I didn't hit the bottom on any of these buys but you dont have to. All of these are dollar cost averages in the last couple of weeks adding to positions I already own (except FB which was a new position). Add on the 200-DMA, add on the 100-DMA (for some stocks), add on the intermediate support levels. Even FB was bought on old support lines after it crashed all the moving averages. Sometimes simple is the best answer to investing.

Yes we might retest some lows, but so what. Long term you want to be buying on the downturns and letting the market do what it does. Trust the algos to buy on the technical lines and get carried by them.

1644436413734.png
 
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Blazin

Blazin

Creative Title
<Nazi Janitors>
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Blazin said:
Chart Update, so far playing out exactly as described above.
View attachment 397380

I don't trade chop, it will ruin you. Like that fake break down this morning the afternoon declines, all to go nowhere. Sometimes the best course is to do nothing. My default read is that we make another attempt up to the 457 target, too difficult of an environment to see beyond that.
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Playing a very dangerous game, SPY hit the $457 target I've been talking about and I sold. There is a risk playing for alpha here that you get left behind but I put my big boy pants on today.

edit...forgot pic. talk is cheap.
Capture.PNG


I know what your thinking.."blazin fucking stop with the round numbers!"

 
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Blazin

Blazin

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I guess word of me selling spreads quickly.

Watching closely for buyback in or if I'm going to sell puts. We have CPI print tomorrow which could be a catalyst
Capture.PNG
 
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Sanrith Descartes

Sanrith Descartes

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WMT has earnings in 8 days. Thinking of cutting bait on it. It has woefully underperformed. I don't expect a lot but I have a 6.5% return (with dividends) in 11 months, and the last 6 month's chart isnt inspiring me.
 
Lightning Lord Rule

Il_Duce Lightning Lord Rule

Lightning Fast
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Hello Stonks? Is there someone in management I can talk to? There seems to be some sort of glitch in this whole thing: ABBV is slightly red today. Obviously this must be some kind of mistake, please get back to me at your earliest convenience once you've done some research. Thanks!
 
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Sanrith Descartes

Sanrith Descartes

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Lightning Lord Rule said:
Hello Stonks? Is there someone in management I can talk to? There seems to be some sort of glitch in this whole thing: ABBV is slightly red today. Obviously this must be some kind of mistake, please get back to me at your earliest convenience once you've done some research. Thanks!
Click to expand...
Its all Blazin Blazin 's fault. He put the voodoo curse on ABBV until options expiry next week.
 
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Sanrith Descartes

Sanrith Descartes

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<Aristocrat╭ರ_•́>
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+9% and climbing

130m Dis+ subscribers.

FQ1 Park Revenue. $7.2b, EST $6.13b

 
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Sanrith Descartes

Sanrith Descartes

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