What price you looking at for FB?Reasons I don't like it is poor breadth and positive vix
These things can change rapidly but need to see some improvement
edit.. I did just buy some DIS @ $129.75
I have orders in on NVDA, FB, AAPL, MSFT, GOOG, CRM, and AMZN but at conservative bids here until I can see some better buy signs.
I wanted 185 but I dumped all the individual name trades and just bought QQQWhat price you looking at for FB?
This is the way to play when markets get really beaten up. Forget trying to pick the winner and get on the index.I wanted 185 but I dumped all the individual name trades and just bought QQQ
I had $185 on my dance card as well the last week or so and wanted to see if you were in the same ballpark.I wanted 185 but I dumped all the individual name trades and just bought QQQ
There is a consensus that the market prices in "expected rate moves". So on any given day you can find the percentage estimates on rate moves. Last I recall is 7 rate hikes priced in by the end of the year. So its when the Fed changes this narrative somehow that the market readjusts.Fed has to continue on their plan with rate hikes, right? Question is, does that tank things or is it already priced in?
I've seen a few predictors state that the fed announcing rate hikes plus tapering is what gets us the leg down to S&P 3800 to fulfill the prophecy of 2018... so to speak. I think that makes sense, which is why I'm extremely skeptical that it might actually happen that way: nothing makes sense it seems.
It's unpredictable at this point. The Fed message however is predictable, they are going to raise and give us lots of language about data dependent. Not on autopilot etc. May be some drama over the dot plots. I think the market might rally after the raise, sentiment is very low. I'm trying to position for both binary reactions tomorrow.Fed has to continue on their plan with rate hikes, right? Question is, does that tank things or is it already priced in?
I've seen a few predictors state that the fed announcing rate hikes plus tapering is what gets us the leg down to S&P 3800 to fulfill the prophecy of 2018... so to speak. I think that makes sense, which is why I'm extremely skeptical that it might actually happen that way: nothing makes sense it seems.
Me cutting bait at $190 doesnt feel so bad now. And this is yet another reason to cut your losers short.Man BABA is back at its 2016 price. That’s one giant turd of a crown jewel you have there China.
Unless theyre down 75 to 90%.Me cutting bait at $190 doesnt feel so bad now. And this is yet another reason to cut your losers short.
Not sure what you are saying exactly.Unless theyre down 75 to 90%.
I'm saying if one is already down 90% the remaining 10% isnt going to make much of a difference elsewhere (considering it could go to 0 somewhere else just as likely.)Not sure what you are saying exactly.
Ahh. I saw the 75 and was thinking dollars and got confused with the 90%I'm saying if one is already down 90% the remaining 10% isnt going to make much of a difference elsewhere (considering it could go to 0 somewhere else just as likely.)
That was not a bar to sell, but I guess you know that now. When you see you were wrong why didnt you just buy back? Don't ever let an exit from a previous trade play into what you do after it.Looks like I sold too soon... but it is what it is. Tomorrow will be an interesting day, I think were going to have a crazy rally tomorrow.
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