Investing General Discussion

Haus

I am Big Balls!
<Silver Donator>
14,754
60,165
Interesting little bit of statistical white pilling for you today... (although no comfort for the near term)
 
  • 2Like
Reactions: 1 users

Gravel

Mr. Poopybutthole
41,693
142,917
I mean, the market generally goes up.

I suppose it's notable that 100% of the time it's positive within a year, but maybe not unexpected when you just had a massively volatile event.

Plus, that thing is entirely 2008 and 2020.
 
  • 1Like
Reactions: 1 user

Khane

Got something right about marriage
20,889
14,714
I mean, the market generally goes up.

I suppose it's notable that 100% of the time it's positive within a year, but maybe not unexpected when you just had a massively volatile event.

Plus, that thing is entirely 2008 and 2020.

You're not supposed to look at the numbers, just the colors.

Noob.
 
  • 1Like
  • 1Truth!
  • 1Worf
Reactions: 2 users

Jysin

Ahn'Qiraj Raider
6,799
4,928
1744824481171.png
 
  • 2Worf
  • 2Like
  • 1Mother of God
Reactions: 4 users

Khane

Got something right about marriage
20,889
14,714
I kinda wish she leaned into it harder and the quote read "and he did a heluva job"
 
  • 1Hodjing
Reactions: 1 user

Haus

I am Big Balls!
<Silver Donator>
14,754
60,165
I mean, the market generally goes up.

I suppose it's notable that 100% of the time it's positive within a year, but maybe not unexpected when you just had a massively volatile event.

Plus, that thing is entirely 2008 and 2020.
The white pill is the comparison at the bottom which compares the above and below 50 closes.. .
1744825955175.png


That takes into account all the non 2008 and 2020 time.
 

Blazin

Creative Title
<Nazi Janitors>
7,405
37,289
Bad look we couldn't challenge significant levels. We needed at minimum a test of 5500 and 5600 was important to at least attempt even if it failed the first time.
 
  • 1Mother of God
Reactions: 1 user

Gravel

Mr. Poopybutthole
41,693
142,917
But how much of that is just the Trump administration piling more bad tariffs news anytime the market starts moving up, and then the Fed who has impeccable timing with tanking it as well?
 
  • 1Like
Reactions: 1 user

Blazin

Creative Title
<Nazi Janitors>
7,405
37,289
But how much of that is just the Trump administration piling more bad tariffs news anytime the market starts moving up, and then the Fed who has impeccable timing with tanking it as well?
Probably a lot. The price is what it is, not sure me knowing the why of it changes it one way or the other.
 
  • 1Solidarity
  • 1Truth!
Reactions: 1 users

Rangoth

Blackwing Lair Raider
1,925
2,010
I'm not sure I want them to at the moment. :) The volatility in this market has been great for swing trades.

Of course I'm biased because I've maybe had the best 2 months I've ever had....also had more time to monitor things/research due to life reasons. That will stop in mid-May when I'm forced into longer term trades.
 

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
46,745
131,359
I want a retest of the bottom we had a week ago or so. I missed my fill on AMZN at $160. I'd probably buy more NVDA back at that low.
 

Blazin

Creative Title
<Nazi Janitors>
7,405
37,289
At this point confidence has taken a hit, the market will move higher as that improves. Why it improves won't matter. Sometimes people get bored of doom, seller exhaustion. We aren't to that point yet, you'll know it when the market heads higher on bad news.

Not getting into politics but TDS plays a role here, libs are wealthy and orange man scares the shit out of them. People don't make risk on financial decisions when they are that scared. THe discussion of if they should be scared is irrelevant. This has been enough chaos to cause even the normally stalwart to become cautious and now daydream of fiery hellscapes.

It's why JPow matters, especially to that group, they need a guy on their side giving them confidence to invest and right now he is giving them nothing.

I try not to spend too much time on this type of why and what of it thinking, I trust that capital will want to find a home where it will be rewarded. That's going to be in risk assets. Ideology eventually will be pierced by something more primordial and that's greed. That could be 8 months away though.

In the nearer term corrective periods are still a cycle of vicious rallies, failure to make new highs, and make a new low and repeat until the above exhaustion dynamics come in. In a strong trend that doesn't take much and corrections are short. The market is behaving in a manner more consistent with a longer period of decline.

There is still time for the low to be in, but we must pressure the down trend line and soon. Red screens can suck but just have to take it a day at a time and pay attention to the price action week to week, not every 5m candle. We need a decent day today, no new lows, and then end the month challenging levels that pressure the down trend (5500-5600)
 
  • 6Like
  • 1Rustled
Reactions: 6 users