OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

Thinking of going heavy on sq tomorrow if it drops to 200ish and PTON if it dips to 100

Loaded up some tesla but at 700’s smh, but gonna let that ride for years.

loaded apple & walmart too, even tho I think they may dip more. Microsoft found a nice support of 230 that i need to dip some more.

All my stuff is long term but wish My timing was better. Been reading up on a money flow strategy to better understanding reading these charts
To my benefit
 
Disney has been strong through all this.

I have limit buys set for SQ and AAPL at another 5% dip. If it hits I’d be shocked.
 
Thinking of going heavy on sq tomorrow if it drops to 200ish and PTON if it dips to 100

Loaded up some tesla but at 700’s smh, but gonna let that ride for years.

loaded apple & walmart too, even tho I think they may dip more. Microsoft found a nice support of 230 that i need to dip some more.

All my stuff is long term but wish My timing was better. Been reading up on a money flow strategy to better understanding reading these charts
To my benefit

you will never time the market perfect
 
:lol: :pimp:

Nasdaq shorts go BRRRRRRRRRR

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Bubblicious
 
Okay, yesterday I was half kidding about PMing me the right time to buy, but now I'm 100% serious. If any regular ( johnnyredstorm johnnyredstorm , アミーゴ アミーゴ ) feels strongly about buying one stock that is really down right now, please let me know. I just don't have time to analyze things right now, but I have a few grand in my Roth IRA waiting for a dip. It's just really bad timing, but I don't want to miss this opportunity. SQ? Apple? Nike?? I used to own a ton of Nike and it did great until Covid. I sold like a fool. Maybe I'll rebuy now.
 
Definitely not telling anyone what to buy in the middle of a big correction :lol: buy the stock you think has the strongest fundamentals.

Fair enough. I just can’t look at stocks right now. If things get to a place where you feel very confident then please let me know. I would never get mad or blame you if it didn’t work out. But if it does work out then I’ll be happy to repay the favor.
 
There’s two things you can do:

buy ATM straddles in volatile tech stocks at the close and sell Monday morning (what Ophir has mentioned)

buy the weakness today (what has worked in the past on Friday’s but may not work today?)

I’m hoping for one last flush off the open to fill another PLTR options play and fill the put spreads I’m trying to sell in TDOC to lever up
 
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Going to be putting a few dollars in my RH account to pick up some REIT’s and other monthly dividend stocks
Was doing this last year before Covid but ended up folding which I should have kept on buying at the time because damn near all of the tickers I was buying doubled since their low from last year

As far as the option side of me
Y’all already know what it is if the setup is there for me I’m playing it
It can go either way

Saw this on WSB yesterday

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like I don’t understand :smh: :smh: :smh: :lol: :lol:

even saw a dude buy calls on GME for the strike price of $800 that expire next week and he was up pretty good while they were surging up 100% but it closed at only 18%
that’s a 82% decline from that days high:smh::smh::smh::lol: and he didn’t sale
And theta is going to take more than half starting today if GME goes red those contracts might be worthless even though they don’t expire until next week

like homie spent less than 3k on options turned it into 75K watched those profits split and half and still didn’t sale
Like why bro why :lol::lol:
 
At 9:50 I plan to unload a little cash if the setup is right. I am not holding any stocks into the weekend so everything I buy will be sold by close.
In the same vein, I’ve been waiting till today to buy stuff I’m long on because I expect a bigger bloodbath headed into the weekend. Cash ready to be deployed :hat
 
Looks like Draftkings smashed their earnings and raised guidance for the year. That's what I'm talking bout! And Rocket killed earnings this week and declared a dividend (which I hope they start doing qrtly) so after the horrible week so far this morning got two doing alright and loved the report. Gonna dabble a little bit into some others and build stronger positions with this sell off but not alot. I figure Monday being the start to a new month we may pop outta this down trend for a bit. So I'll confirm then and see if I wanna put more out there or not.
 
Can we please form a prayer circle before the bell?

I'm gonna need the great god of equities to smile down favorably on our portfolios today for we have been greatly humbled.

We get the message.
Today will just be a further buying opportunity. Can’t see the market recovering today and if it does, it will be just noise imo.
 
I sold a SPY 353 put yesterday near the bottom for April. Deployed that cash....finally owned up to not having a clue and letting the chips fall where they may. Feel like I got a weight off my shoulders.
 
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