Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes
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MSFT down below its intermediate support level and AAPL sitting right on top if its intermediate support. QQQ sitting right above its 100 DMA. Interested to see if tech makes a hold here.
Sanrith Descartes
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Dropped a chunk of cash in a relatively new ETF (formed Nov of 24) called TOPT. Its an iShares ETF that tracks the S&P 25 index (the 25 largest members of the S&P). I am not currently a fan of the environment of small/mid/large cap companies and instead am focusing just on the mega caps. All of my individual holdings are in TOPT, so I felt it made sense to just take a stake in TOPT rather than keep adding to my individual stock positions. I also considered XLG (The S&P 50) but it had a couple of no-go companies for me (like PM, DIS and PFE). The only downside is a .2 net fee but it is what it is.
Gravel
Mr. Poopybutthole
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Starting to think my 5500 end of year guess was overshooting it a bit, and I should've gone lower.
I expected us to keep crawling up until summer when we got a correction just bordering in bear, before pulling back up to 5500. This is looking more like the start of a bear year in totality.
I expected us to keep crawling up until summer when we got a correction just bordering in bear, before pulling back up to 5500. This is looking more like the start of a bear year in totality.
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Mist
REEEEeyore
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Blazin
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Not sure what you are seeing to say that? Market well above it's long term moving averages which are stacked and slopped upwards. No bear market in history looks like that. Does it turn into that? Maybe but sitting ehre today this is nothing more than a garden variety pullback within an uptrend.
I'm all for being bearish when the chart turns bearish. Good things happen above the 200d, bad things happen below the 200d. WOuldn't let a weak period (which we very much needed sour sentiment overly much.) Every correction has the set up to turn into something more...but it usually doesn't.
I'm all for being bearish when the chart turns bearish. Good things happen above the 200d, bad things happen below the 200d. WOuldn't let a weak period (which we very much needed sour sentiment overly much.) Every correction has the set up to turn into something more...but it usually doesn't.
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Sanrith Descartes
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Sanrith Descartes
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Falstaff
Ahn'Qiraj Raider
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Blazin
Creative Title
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I bought more IWM shares and calls this morning. Need to see some spreading strength into the close today, more names flipping red to green and some vix crush. Setup is there for this morning to be interim bottom with possible reflex rallying this week.
I'm already pretty heavy in RSP and really liking the chart if we get something going off this level.
I'm already pretty heavy in RSP and really liking the chart if we get something going off this level.
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Sanrith Descartes
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Sanrith Descartes
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Sanrith Descartes
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Rangoth
Blackwing Lair Raider
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I have a small DJT position as well(calls) but it's only about 5k. I plan on selling the night before or day of inauguration. I know the memelords will shoot this thing up for no apparent reason and today is proving that. I expect a continued rise until the 20th then probably back down to the shit where it belongs.
tugofpeace
Trakanon Raider
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I think last time SPY dipped from $565 to $517, that was a small term correction, roughly 9-10%. A real correction is 20% or higher IMO. I think we need one. Would love for us to hit $450-$480.