Investing General Discussion

Borzak

Borzak

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Lanx said:
lulz
Fidelity is launching new credit and debit cards, along with investing and savings accounts, to teenagers aged 13 to 17
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So a 51 year old gets to open 3 stolen identity accounts. Cool.
 
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Sanrith Descartes

Sanrith Descartes

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Between the different accounts I manage, plus watchlists, I have a shitload of symbols on my board covering just about all the sectors. Out of more than 50 symbols I see one in green. It is an ocean of red this morning. No safe havens.
 
Sanrith Descartes

Sanrith Descartes

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Here is the FTEC chart for 2021, which gives a solid look at pure Tech, not Tech plus Comm (GOOG, FB etc). $104.35 is support and then its air down to the 200-DMA at $101. Except for the couple of runs up, we have been trading in the $108 - $103 range. With earnings behind us, unless there is some external driver I could see us trading sideways in this range for the summer.

1621428002033.png



edit: Same chart with QQQ overlay

1621428088575.png
 
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Sanrith Descartes

Sanrith Descartes

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TSLA trading at $550 pre-market. There is literally nothing but air between $550 and $425 if it cant hold $550. That BTC investment is now working against it with BTC plunging.

1621428563161.png
 
Sanrith Descartes

Sanrith Descartes

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Gravel said:
I'm not posting in the crypto thread anymore because it just turns into a shit show, but this is why I don't consider these an "investment." There's nothing backing any of these up except speculation. What's the bottom for Ethereum? Is it $2k? $1k? $25? Could it evaporate tomorrow?
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I view it the way I view art. It does have a value, but it cant be quantified. Its whatever someone is wiling to pay for it at any given point in time.
 
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Furry

Furry

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I'm gonna hit up a nice place for breakfast and sit this day out. I'll watch the crypto markets and chortle away. Meanwhile, I'm sure my investments in stocks wont do that bad. It can't be that bad and I definitely wont look until its all over.
 
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Fogel

Fogel

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First time in awhile I have some cash laying around for these red days, switching back to selling puts paying off.
 
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Zog

Zog

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How far will CLF fall? my god man, if i can time this ill be very very happy.
 
Blazin

Blazin

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I went full cash yesterday morning, now full back in selling puts that expire next week. Sold 40 contracts on QQQ
 
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