Shonuff
Mr. Poopybutthole
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I'm honestly afraid to flip it, because I don't want to wake up and its at 30, and I'm not in it.
Investing General Discussion
- Thread starter Furious
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Fogel
Mr. Poopybutthole
- 13,951
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I'm only out because my stop loss triggered. Interesting to note was before it bounced off of the 100 MA but today it bounced off of the 50 MA, though they're pretty close.
Big Phoenix
Pronouns: zie/zhem/zer
- 47,556
- 102,465
Pigs get fat, hogs get slaughtered and sometimes mommy su takes you home and just feeds you and feeds you and feeds you.
I bought AMD at $3.07 share, sold at $107.30. $158932 profit.
Ive kept 1 $3.07 share for memory sake.
I bought AMD at $3.07 share, sold at $107.30. $158932 profit.
Ive kept 1 $3.07 share for memory sake.
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Sanrith Descartes
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Big Phoenix
Pronouns: zie/zhem/zer
- 47,556
- 102,465
Not going to enjoy having to write $30,000+ check for taxes come next spring.
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Sanrith Descartes
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I know a good CPA.
Not going to enjoy having to write $30,000+ check for taxes come next spring.
Shonuff
Mr. Poopybutthole
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Big Phoenix
Pronouns: zie/zhem/zer
- 47,556
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I dont like whats going on in Afghanistan. People seriously dont appreciate how insanely precarious that hole thing is right now.
Worst comes to worst I rebuy on a dip.
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Shonuff
Mr. Poopybutthole
- 5,538
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Interesting, Cramer says to expect MA to go down if they talk taper tomorrow, and for banks to go up, but ready to buy the dip on MA.
Also, listening to the Fed comments, the market isn't the only thing looking past covid; so is the Fed. Bullard said it, covid has had negligible effects on the Economy other than travel and leisure.
Also, listening to the Fed comments, the market isn't the only thing looking past covid; so is the Fed. Bullard said it, covid has had negligible effects on the Economy other than travel and leisure.
Kiroy
Marine Biologist
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Shonuff
Mr. Poopybutthole
- 5,538
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Shonuff
Mr. Poopybutthole
- 5,538
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The question, is it all priced in or is there more to go? Cramer thinks if Powell cosigns Bullard, MA and PYPL selloff for the next 10 days.
Shonuff
Mr. Poopybutthole
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MA goes up when covid goes down. Covid is going down. MA should go down if the Fed tapers. So who knows?
Shonuff
Mr. Poopybutthole
- 5,538
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Ended my trade on MA at a slight loss, kept the core position for the long term hold. I get nervous when Cramer sends out in the newsletter saying if the Fed tapers, expect a 10 day selloff in financial services. When the facts change, I change with them.
I had 30k sitting in it...too much risk for me. Took a $200 loss, still own shares in it though.
I had 30k sitting in it...too much risk for me. Took a $200 loss, still own shares in it though.
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Sanrith Descartes
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Shonuff
Mr. Poopybutthole
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I own both long term. But my trade in MA is over until we see if Powell agrees with Bullard. If so, reading between the lines of what Cramer said in the video, you'd buy the banks and short MA for awhile, and then sell the banks and buy MA.
At least that's what I took from the video today. Did you watch it?
Shonuff
Mr. Poopybutthole
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How the financial markets may react to Powell's big speech Friday
Fed Chairman Jerome Powell is expected to say the Fed is closer to tapering its bond buying, but markets could be rocked depending on how he says it.
"If Powell suggests the Fed could announce a plan after its Sept. 22 meeting to end bond buying, that could be seen as “hawkish” and trigger a market reaction.
“If he specifies a time frame, I suspect it would be fairly soon. That’s probably a pretty significant move up in yields and a pretty rough day in the equity market,” Wells Fargo director of rates Michael Schumacher said. “If he just leaves it open in one of his usual comments, actually giving no timing, that’s what most people expect. That’s probably viewed as dovish.”"
Sanrith Descartes
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