Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

[ChuckyTheGoat]

because of SEC suing Binance

I get it. Who cares? Buy sign, in my eyes.

A few things have become obvious to me:
1) Literally all these Exchanges are a joke. Bitcoin is built for self-sovereignty.
2) In the next 24 months, coins available for sale on exchanges are going to be minimal. If there's any Demand at all, the BTC price goes north (if not nuclear).

[Slurry Pumper]

Now that I have a day to research stuff, I will be taking the bit coin drop as a leading indicator. Buying PUTs that expire on Friday in the QQQ, and yesterday right before the close, I bought some PUTS in everyone's hot stock NVDA at 15 bucks a contract with June 30 expiration. Every player for about a half position for me.

[ChuckyTheGoat]

Two questions/requests:

1) If I wanted to FADE Cathie Wood...what would your best stock pick be?

2) If I wanted to add one more metal stock, what would it be? Holding a nice mix of Lithium, Copper etc.

[d2bets]

Two questions/requests:

1) If I wanted to FADE Cathie Wood...what would your best stock pick be?

2) If I wanted to add one more metal stock, what would it be? Holding a nice mix of Lithium, Copper etc.

There are ETF's you can use to short ARKK. Obviously those are down a lot so far this year because ARKK is up 38% YTD.

[ChuckyTheGoat]

There are ETF's you can use to short ARKK. Obviously those are down a lot so far this year because ARKK is up 38% YTD.

Thanks, d. Does this ETF have a stock-ticker?

I'm perfectly good going against the grain. I've come to believe that Cathie Wood can predict the future IN REVERSE. I am looking forward to fading her.

[Madison]

Thanks, d. Does this ETF have a stock-ticker?

I'm perfectly good going against the grain. I've come to believe that Cathie Wood can predict the future IN REVERSE. I am looking forward to fading her.

DNA ... Been on a roll. I've been in for the fall. Hope she doesn't curse. LOL

[Slurry Pumper]

Now that I have a day to research stuff, I will be taking the bit coin drop as a leading indicator. Buying PUTs that expire on Friday in the QQQ, and yesterday right before the close, I bought some PUTS in everyone's hot stock NVDA at 15 bucks a contract with June 30 expiration. Every player for about a half position for me.

A couple days later and those NVDA PUTS are above $22, so it was time to take a few off the table as price is right at a level of support and with NVDA things can get explosive. Still have quite a bit but its never a bad thing to nibble some profits when you can.

[Slurry Pumper]

As I wake and bake up this morning and look out at the apocalyptic sunrise, I can't help but think that the these are the days to make money. The markets are rotating with the qqq taking a breather. Well really only about 5 stocks have been holding that up. Rotating where? Hoe about banks and oil. Also the small and mid caps are showing a little life.

[Madison]

S&P reconstitution 6/23-26. Anyone play around with this. VERY high volume expected. You can find the companies leaving and joining but I don't know how to play it? Supposedly many companies move prior to the actual reconstitution as the preliminary list gets published in March.

[d2bets]

As I wake and bake up this morning and look out at the apocalyptic sunrise, I can't help but think that the these are the days to make money. The markets are rotating with the qqq taking a breather. Well really only about 5 stocks have been holding that up. Rotating where? Hoe about banks and oil. Also the small and mid caps are showing a little life.

Two days behind. Yeah, the small and mid caps hugely outperformed the last two sessions. Opposite today.

[Slurry Pumper]

Little bit of a bounce and pullback. I'm taking it as stuff going on sale probably will continue tomorrow

[Madison]

S&P reconstitution 6/23-26. Anyone play around with this. VERY high volume expected. You can find the companies leaving and joining but I don't know how to play it? Supposedly many companies move prior to the actual reconstitution as the preliminary list gets published in March.

Brain fart ... Russell 2000. Apologies.

[Madison]

Joby

Been here for quite a while. Right now my DCA getting close to even. Futuristic EV play. Take a look.

[Madison]

Been here for quite a while. Right now my DCA getting close to even. Futuristic EV play. Take a look.

Just bought more. Actually up 39%. Passing all the critical cert's.

[homie1975]

melt up continues

[Slurry Pumper]

Another pop and drop day for NVDA as it pounded the tape up to $397 to start out the day. I bailed yesterday when we saw $388 and I didn't want to make this trade a loser so took that pocket change and walked away slightly happier. I'll probably wait for the FED pause play here. I loaded up on banks stocks earlier in the week and when the fed trouts on out Wednesday and says those magic words of skip or pause, the financial community will rejoice as a pop in stock prices happen and I'll exit that trade soon there after. Then again there is always a chance the Fed will come out and say yeah another 25 basis points and we'll keep looking to see if something cracks in the economy.
I think its going to be 1 hell of a slide when it does crack probably after the summer melt up situation in late September or even October.

[milwaukee mike]

I get it. Who cares? Buy sign, in my eyes.

A few things have become obvious to me:
1) Literally all these Exchanges are a joke. Bitcoin is built for self-sovereignty.
2) In the next 24 months, coins available for sale on exchanges are going to be minimal. If there's any Demand at all, the BTC price goes north (if not nuclear).

this is all bad news for crypto/sportsbook funding/etc though

people can no longer deposit $$$ into binance

[homie1975]

this is all bad news for crypto/sportsbook funding/etc though

people can no longer deposit $$$ into binance

Yup, and BTC, ETH etc are feeling the pain.

[Slurry Pumper]

Patiently waiting for the bicoin to come back to 10000. That's my by in level. Sure it's been 3+ years, but it will get there.

[d2bets]

Rocket fuel in the markets lately. 52-week highs and climbing broad-based rally. Are new all-time highs even possible this year. Only like 11-12% or so away.

[Poker_Beast]

I know Slurry mentioned Sept/Oct timeframe for something to crack with the stock market. What do others think?

[Madison]

S&P reconstitution 6/23-26. Anyone play around with this. VERY high volume expected. You can find the companies leaving and joining but I don't know how to play it? Supposedly many companies move prior to the actual reconstitution as the preliminary list gets published in March.

Haven't seen much interest but here's a brief article worth a read if you have any interest. Russell not S&P.

https://view.exct.altimetry.com/?qs=22bb9c0f1fc4277eed31660693d57b2ef1b74a463176beefa4ddd0281d98764c2c37d2b988bc9d65a66aa7608fc88be8fd88b8ec50e6229efbb296ea06c36698739f46d4ebfe3b5dda9bb71d595d1f497afe20ee97c1f492

[milwaukee mike]

Rocket fuel in the markets lately. 52-week highs and climbing broad-based rally. Are new all-time highs even possible this year. Only like 11-12% or so away.

and yet i can still find tons of cheap/undervalued stuff... stocks/bonds/preferreds

"it's not a stock market, it's a market of stocks"

amcx trading at a p/e of less than 2... btu less than 3... lol

[Snowball]

I know Slurry mentioned Sept/Oct timeframe for something to crack with the stock market. What do others think?

If you pull up a 2-year chart of spy, you'll see that the index is moving to form a cup & handle. So, the high before it turns is probably around 350 or as high as 370.

[d2bets]

Another pop and drop day for NVDA as it pounded the tape up to $397 to start out the day. I bailed yesterday when we saw $388 and I didn't want to make this trade a loser so took that pocket change and walked away slightly happier. I'll probably wait for the FED pause play here. I loaded up on banks stocks earlier in the week and when the fed trouts on out Wednesday and says those magic words of skip or pause, the financial community will rejoice as a pop in stock prices happen and I'll exit that trade soon there after. Then again there is always a chance the Fed will come out and say yeah another 25 basis points and we'll keep looking to see if something cracks in the economy.
I think its going to be 1 hell of a slide when it does crack probably after the summer melt up situation in late September or even October.

NVDA keeps cranking higher. $500 coming.

Nobody really knows what this is worth. It's an AI arms race and NVDA makes all of the bullets.

[d2bets]

If you pull up a 2-year chart of spy, you'll see that the index is moving to form a cup & handle. So, the high before it turns is probably around 350 or as high as 370.

Rally continues. 4,400+ on the S&P. Summer could be a repeat of 2021. ATH by Labor Day?

[Madison]

JPMorgan Says Stocks to Suffer $150 Billion Rebalancing Sales (msn.com)

JPMorgan Says Stocks to Suffer $150 Billion Rebalancing Sales

(Bloomberg) -- The relentless rally in equities faces a fresh threat over the next few weeks with the world’s biggest money managers set to unload as much as $150 billion of stocks.
JPMorgan Chase & Co. projects real-money portfolios, including those of sovereign wealth and pension funds, will tilt back in favor of bonds to meet allocation targets, in the largest rebalancing flows to the asset class since the fourth quarter of 2021. The periodic rejigging could knock off as much as 5% from the price of global stocks, according to estimates by JPMorgan strategist Nikolaos Panigirtzoglou.

[ChuckyTheGoat]

Looking to buy more: 1) MSTR...and 2) one more Metal stock.

[Slurry Pumper]

Quite the run up here lately. I would almost call this irrational exuberance. At this point allot of indices are well above the 20 week moving average, which is what I consider the spot that is magnetic. How long can this go on? Well probably longer than I think, but while taking advantage everyday with very short term rises, I do keep mindful that the overall economy is still going to shyt. I know I'm on record for a summer melt up operation, but I don't think it can continue at this pace. Things will either correct or stall, and I'm gonna move up my estimated time of breaking down from Sept / Oct, to Aug / Sept time frame.
I think a good catalyst will happen when the world realizes that all that effort tossed at the Ukraine is really a complete failure. The fact that the world doesn't already know this is amazing. As it turns out Russia is in total control and I hope the U.S. stops the escalation for humanitarian reasons, but I do fear that the Biden Crime family will keep on stepping in to the conflict instead of admitting that their efforts for the last 1.5 years is and was a complete failure. Right around the Aug / Sept it will be almost impossible to hide the Ukraine from the world and at that point I think the real estate crisis will also be hitting. Until then enjoy the run up, but please keep yourself near the exit so you can get out when the time is right.

[Madison]

I think a good catalyst will happen when the world realizes that all that effort tossed at the Ukraine is really a complete failure.

Humans = Chess pieces. Goal is to weaken Russia at all expense.

[ChuckyTheGoat]

Give me an opinion on Tesla stock (TSLA). Buy, Sell, or Hold?

Bought this one on Friday. Fingers crossed: EKWAX. Allspring Precious Metals Fund.

[d2bets]

The recent 52-week high on the S&P 500 took more than a year to reach. That has happened 15 times in the past. Out of the those 15 times, the market was higher a year later 15 times. 15 for 15. Averaging 17% higher. Everyone waiting for a crash that's probably not gonna happen. I'd be surprised if the ATH is not taken out next year, if not this year.

[ChuckyTheGoat]

and yet i can still find tons of cheap/undervalued stuff... stocks/bonds/preferreds

"it's not a stock market, it's a market of stocks"

amcx trading at a p/e of less than 2... btu less than 3... lol

Thanks, Mike. I always consider your stk-tips.

BTU: Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, and internationally.

[Slurry Pumper]

The recent 52-week high on the S&P 500 took more than a year to reach. That has happened 15 times in the past. Out of the those 15 times, the market was higher a year later 15 times. 15 for 15. Averaging 17% higher. Everyone waiting for a crash that's probably not gonna happen. I'd be surprised if the ATH is not taken out next year, if not this year.

Well you may have the stats on your side, but I just can't see how the markets keep up this BS. Things are slowing down and everything except for the markets is telling you so. Oil production is being slashed and prices are not spiking. That lets me know energy demand is going down. The yield curve has been super inverted for a while now, short term treasuries are filling up even my investment portfolio. The national truckload index has been steadily decreasing all year and is still getting lower.
unless there is something on the horizon that can keep this I-Beam of bullshyt going, I just can't see why the markets would be able to power up to the ATH. While I wait for the turn, I'll sit here with my finger on the sell button and enjoy the melt up, but I can't help but think there are some rough slides coming.

[guitarjosh]

The recent 52-week high on the S&P 500 took more than a year to reach. That has happened 15 times in the past. Out of the those 15 times, the market was higher a year later 15 times. 15 for 15. Averaging 17% higher. Everyone waiting for a crash that's probably not gonna happen. I'd be surprised if the ATH is not taken out next year, if not this year.

The majority of those times we were coming out of a recession, and none of those times had an inverted yield curve, not to mention the 2 year roughly 1% higher than the 10 year.