Investing General Discussion

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Blazin

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Wow super fast statement, I've added to yesterday's long.

Bought another 400 shares of SPY. Short leash while we are below resistance
 
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Sanrith Descartes

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SPIR +12%
Fuck I love Janet Powell now.

edit: +15%
edit2: +18%
An assload of shares just got bought (assload by SPIR standards)

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Blazin

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FN74arqXMAYzz_r.jpg


The Vix losing 30 level after an extended period above has very strong forward returns. I'm still leaning towards the first part of this correction is now behind us, how far can it go before losing steam is a big unknown. Next few inflation reports going to be important to see if it's losing steam. Do we run to SPY 350s and then do it all over again? yeah that's certainly possible.
 
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Blazin

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dumbasses at zerohedge may have stumbled on a valid concern. It's going to be difficult to tap dance these rate hikes and not invert the yeild curve if the long term growth rate expectations stay low. On the positive side, I think this may be corrected by better long term growth than the bond market is expecting. We are so long removed from a substantive economic expansion that people have trouble seeing one.

Thanks Janet!
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Sanrith Descartes

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dumbasses at zerohedge may have stumbled on a valid concern. It's going to be difficult to tap dance these rate hikes and not invert the yeild curve if the long term growth rate expectations stay low. On the positive side, I think this may be corrected by better long term growth than the bond market is expecting. We are so long removed from a substantive economic expansion that people have trouble seeing one.
One thing I truly find interesting about the financial markets is how they are designed to move in relation a certain way. Ideally there should always be a counter to a move and parts should move in the correct direction to those moves. When it works and isnt manipulated its a thing of beauty.
 

Blazin

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I'm now up on the year, I don't want to reflexively lock that in but obviously that's tempting considering the 12 weeks of weakness we've gone through. Really need to be patient here which can be difficult. These entry points have a good chance of looking really nice in the rear view mirror, if I could get up 10% it will get even harder for me not to just start locking it in.


Would love to see SPY close above the 20 sma today, would be the first time since 2/16
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Zog

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My cat got out and I missed the dip :( Looks like he just got added to the apocalypse menu.
 
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Moglyzoke Moogleman

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My cat got out and I missed the dip :( Looks like he just got added to the apocalypse menu.
Hey at least it was circumstances beyond your control. You could always be a stubborn retard like me and know what to do, yet not follow through.
 
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Blazin

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Capture.PNG





Okay all thanks for the fish, I'm going back outside. Hope everyone is happy with their positioning, other than poor zog, damn cat.
 
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