Shonuff
Mr. Poopybutthole
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I have a half position combined, between CLF and NUE. I guess I can't add at this point.
The whole action alerts thing kind of pissed me off.
Investing General Discussion
- Thread starter Furious
- Start date
The whole action alerts thing kind of pissed me off.
Sanrith Descartes
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At this point I have stopped using their stuff. I had downloaded the portfolio and other stuff while Cramer was there and pretty much had made the moves I wanted to make before he bailed. I see some of their moves as just wtf and not worth my time at this point.
Sanrith Descartes
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- 46,738
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I mean like 18 months ago when I first spread the first 60k out to a bunch of mutual funds.
LachiusTZ
Rogue Deathwalker Box
- 14,472
- 27,162
Now do Sales to reach 1 trillion market cap
If you dive into that rabbit hole of cultists, the cars are worth near infinite dollars.
Hell, with whats going on re: inflation, economics, etc, that might not be far off.
Almost regret selling Tesla.
Sanrith Descartes
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Sanrith Descartes
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Futures are all green with the big dogs reporting earnings this week. This is not the week I would be short.
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Sanrith Descartes
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It's beginning to look like none of the analysts bothered to factor in the supply chain fiasco into the earnings estimates. I would expect every company that depends on supply chains (non tech software companies) to miss estimates. It could be ugly and at the same time present long term buying opportunities. Keep an eye on backlogs. That will tell you the amount of orders they have pent up.
LMT
LMT
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Jysin
Ahn'Qiraj Raider
- 6,792
- 4,911
I've been cautious this earnings season for this exact reason. For a long while, we have perfection priced into markets. The headwinds I see are inflation costs, supply chain issues, increased labor costs, etc. These are all things to listen for for Q4 guidance. I want to be more involved here, but I am taking the side of caution.
In its most simplistic form: upside potential vs downside risks.
I could be very wrong and we continue melting upwards. I just don't have conviction one way or another, so I am sitting on the sidelines except where great buying opportunities come from support levels for long term plays.
In its most simplistic form: upside potential vs downside risks.
I could be very wrong and we continue melting upwards. I just don't have conviction one way or another, so I am sitting on the sidelines except where great buying opportunities come from support levels for long term plays.
- 1
Sanrith Descartes
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Sanrith Descartes
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LMT sitting right around the intermediate support at $344. It "should" bounce here or at least find a floor. It could also meander down into the $330s as once a stock gets priced in the multi-hundreds a couple of percent movement is a significant dollar amount.
I'm not adding here, but if it dips under support and touches the Feb lows I will grab some more. Sub $330 I am a buyer.
I'm not adding here, but if it dips under support and touches the Feb lows I will grab some more. Sub $330 I am a buyer.
Shonuff
Mr. Poopybutthole
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I've bought some of their picks to take on trade. SBUX is up .35% in a week, AMAT up 4. If there is a rationale, I'm open to it, but I'll do my research and decide. I'm already paid up for the year.
Shonuff
Mr. Poopybutthole
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Big Phoenix
Pronouns: zie/zhem/zer
- 47,556
- 102,465
Shonuff
Mr. Poopybutthole
- 5,538
- 791
I finally figured out I need to not short it (for a few days anyway). $1,500 simulated profits (on 100k) in 31 minutes today. Yeah, I had to divorce fundamentals from technicals, because technically, it keeps getting stronger. Been trying to short it since it was 700 a few weeks ago.
The reason why I've had problems with day trading it, is that if you get confirmation of a short signal, it reverses quicker than you can react.
No more trading for me for the day, not one losing trade. Not doing real trades, I'm all in on investments and swing trades.
Scalping seems to always work better for me.
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Big Phoenix
Pronouns: zie/zhem/zer
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Shonuff
Mr. Poopybutthole
- 5,538
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Shorting TSLA is akin to throwing yourself on the traintracks in front of a speeding train lately. If you get confirmation of a short signal, its so fast it goes away before you can reverse your position.
Not been performing up to par because I've been shorting it the last week.
The news is good, but these guys are taking it to a whole 'nother level with the stupidity.
Not been performing up to par because I've been shorting it the last week.
The news is good, but these guys are taking it to a whole 'nother level with the stupidity.
Shonuff
Mr. Poopybutthole
- 5,538
- 791
