Investing General Discussion

Sanrith Descartes

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<Gold Donor>
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SPY just dropped back below the intermediate support level (thick blue line)

1722885078172.png
 

Blazin

Creative Title
<Nazi Janitors>
7,388
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bought $50k of S&P

QQQ chart is looking better than S&P, this purchase is an account I don't have a QQQ option (which irks me)

even worse this is a mutual fund so it will purchase at the close. So archaic...
 
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Fogel

Mr. Poopybutthole
13,890
56,251
bought $50k of S&P

QQQ chart is looking better than S&P, this purchase is an account I don't have a QQQ option (which irks me)

even worse this is a mutual fund so it will purchase at the close. So archaic...

Is this how they get the closing price?

1722887277539.jpeg
 
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Mist

REEEEeyore
<Rickshaw Potatoes>
31,799
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bought $50k of S&P

QQQ chart is looking better than S&P, this purchase is an account I don't have a QQQ option (which irks me)

even worse this is a mutual fund so it will purchase at the close. So archaic...
Why not use ONEQ?
 

Blazin

Creative Title
<Nazi Janitors>
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Why not use ONEQ?
It's a self directed brokerage within a 403, mutual fund only and Schwab and many of the non Schwab funds have fees. It's completely idiotic and nothing I can do about it for the time being.
 
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Blazin

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so they rebranded we aren't getting "Markets in Turmoil" but we are getting a special "Market Sell Off" on CNBC tonight 7pm
 
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Khane

Got something right about marriage
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You guys can get whatever you want. The only thing I'm getting is a pantry full of rice and beans.

It's time to panic!!!!
 
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Blazin

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<Nazi Janitors>
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It's days like today that I miss the guy "You'll never see Dow above 20,000 again in our lifetimes" though to be fair he may have been listening to the other Mr Salt guy Khorum? who thought covid would wipe out most of the earths population. Fear is easy and intellectually lazy.

I am officially satisfied reviewing today's volume numbers was bugging me in its absence.
 
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Edaw

Banne̶d
<Gold Donor>
14,350
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What I learned today.

Fear works.

Crypto can be manipulated to weaken confidence in already unstable world markets.

Some of these people don't like each other very much and that is likely to escalate.

Screenshot 2024-08-05 161235.png


 
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Khane

Got something right about marriage
20,844
14,640
It's days like today that I miss the guy "You'll never see Dow above 20,000 again in our lifetimes" though to be fair he may have been listening to the other Mr Salt guy Khorum? who thought covid would wipe out most of the earths population. Fear is easy and intellectually lazy.

I am officially satisfied reviewing today's volume numbers was bugging me in its absence.

I don't think he ever left. He's now a leader of the new FoH party which is gaining traction in the general forums as a legitimate contender for president in 2028.
 

Creslin

Trakanon Raider
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1,153
so biggest crash since Covid. Full recovery in 24 hours? That’s some record yo-yo.

next major catalyst maybe smci earnings tomorrow, a strong result may pull Nvidia back up to 115 and take the qs back to 460 with it.
 
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Gravel

Mr. Poopybutthole
41,570
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I mean, if you limit it to today, maybe. We're still down like 3% though. But this downturn started a week ago and we've fallen like 10% now. So not really a full recovery, and it'll take quite a bit to regain that.
 
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Mist

REEEEeyore
<Rickshaw Potatoes>
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so biggest crash since Covid. Full recovery in 24 hours? That’s some record yo-yo.

next major catalyst maybe smci earnings tomorrow, a strong result may pull Nvidia back up to 115 and take the qs back to 460 with it.
You mean biggest crash since the Ukraine invasion maybe. I'd consider that post-covid.

Anyway, this seems more like deep profit-taking after a sustained irrational melt up to me.