Investing General Discussion

  • 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!

Jysin

Ahn'Qiraj Raider
6,600
4,616
Beneath the surface, stagflation (consumer staples & utilities) are ripping green. This is really a story of overweighted tech bloodbath.

1741619010504.png
 
  • 2Like
Reactions: 1 users

Jysin

Ahn'Qiraj Raider
6,600
4,616
I dont see support on SPY under 560 all the way to 540. There is the arbitrary -10% from highs level at 551 though.
 
  • 2Like
Reactions: 1 users

Lambourne

Ahn'Qiraj Raider
3,037
7,242
Bought back into the S&P 500 ETF that I sold for 109 early January. Might be early but my crypto trading experience has shown me that I usually wait too long and miss out on most of the recovery.

This was never intended as a flip but I felt that the tech pump after the election wasn't going to hold with all the spending cuts Trump planned, so I rotated the profits into blue chips in January.

View attachment 576751

Narrator: He did not, in fact, miss the recovery
 
  • 1Like
Reactions: 1 user