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Stock Market, where’s the bottom?

shintoooo

shintoooo

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Fed notes released in 3 minutes. Market can explode or implode. Let's see.
 
MPHSystems

MPHSystems

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MPHSystems said:
Possible short squeeze on RDBX. Get a little

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Well, I hope some of you cashed in on this one today.


I pussed out at the close and sold at $6.57. Got 200 free shares and stashed a few hundred bucks more in my cash arsenal.

First solid Green Day in a month.

I’m going to take a close look at it again in the AM, it has many of the makings of a GME like short squeeze.
 
shintoooo

shintoooo

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NVDA and SNOW had bad earnings and guidance and they are bleeding after hours. If it sticks, tomorrow could be another 1000 down Dow day.
 
shintoooo

shintoooo

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MPHSystems

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shintoooo said:
NVDA and SNOW had bad earnings and guidance and they are bleeding after hours. If it sticks, tomorrow could be another 1000 down Dow day.
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Over the last week I have dumped everything for cash. I’ve kept my DRIP +1 share if needed on most positions and kept my position in EGO. For some stupid reason, I think the massive inflation is going to help EGO.
 
MPHSystems

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NVDA dumped hard post

F8ED0372-246B-4BAF-AEC7-C070A035F6FB.png
 
Orange Juice

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There’s a lot of world fear priced into the market.
I think the only safe place is gold, silver, and farmland.
That said, I’m still averaging into the stock market.
 
MPHSystems

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Orange Juice said:
There’s a lot of world fear priced into the market.
I think the only safe place is gold, silver, and farmland.
That said, I’m still averaging into the stock market.
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My gold is struggling.


Only safe investment are in my gun safes.
 
COCA COLA COWBOY

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SQQQ tanked....about time to buy in! I'm going to wait until Tuesday, but I'm very tempted. Hell of a rally the last few days.
 
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Looking Glass

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Jamie Dimon, CEO of JP Morgan, stated this morning he had warned of a "Storm" brewing some time back but revised that to a "Hurricane" and "Americans" best Get Ready.

Everywhere you look, read and listen to, this may be way too late to salvage, before "?":oops:
 
shintoooo

shintoooo

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Looking Glass said:
Jamie Dimon, CEO of JP Morgan, stated this morning he had warned of a "Storm" brewing some time back but revised that to a "Hurricane" and "Americans" best Get Ready.

Everywhere you look, read and listen to, this may be way too late to salvage, before "?":oops:
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The writing is on the wall. This is the Fed's plan. Destroy the stock market, jobs, and the middle class. It's coming.
 
COCA COLA COWBOY

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SQQQ is popping...

I bought LABD this morning at 50, once the president started talking it took off.

Love me some inverse ETF's!
 
L

Looking Glass

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shintoooo said:
The writing is on the wall. This is the Fed's plan. Destroy the stock market, jobs, and the middle class. It's coming.
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No matter, what you may think of Glenn Beck or this Man, he was on the Show and reinforcing his
Strong Belief, that this IS going to be Very Ugly. He told Beck that this is his first time to be backing off his "Estimates" per Quarter several times in a row.


BUT!!, It's The "GUNS" Stupid!!


After 50+ Years of Washington Experience=, This is what you get.:(
 
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Gonefishin5555

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a moderate recession is already priced into the market. Anyone have a good oil stock to look at. all I have is oxy
 
MPHSystems

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I think it’s mostly bottomed out

It could take another dump but it seems to be running pretty even lately.
 
CLdrinker

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Has few bucks laying around and I scooped up Amazon this morning.
 
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Gonefishin5555

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Its already got the bad news priced in....for it to drop further you need worse news than expected. I'm sure there will be some over the next few months but summers are usually kinda slow so I expect it to settle down into a narrower range..

I bought some COIN late last week at 66 it bumped up into the lows 70s before settling back around 70 today. TSLA looked ready to break 800 until Musk opened his mouth last week there is no controlling him for good or bad.
 
MPHSystems

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Gonefishin5555 said:
Its already got the bad news priced in....for it to drop further you need worse news than expected. I'm sure there will be some over the next few months but summers are usually kinda slow so I expect it to settle down into a narrower range..

I bought some COIN late last week at 66 it bumped up into the lows 70s before settling back around 70 today. TSLA looked ready to break 800 until Musk opened his mouth last week there is no controlling him for good or bad.
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I’ve had TSLA in my mix for quite a while now. The thing you have to tolerate with owning TSLA is that Musk is always opening his mouth.
 
LargeOrangeFont

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Gonefishin5555 said:
Its already got the bad news priced in....for it to drop further you need worse news than expected. I'm sure there will be some over the next few months but summers are usually kinda slow so I expect it to settle down into a narrower range..

I bought some COIN late last week at 66 it bumped up into the lows 70s before settling back around 70 today. TSLA looked ready to break 800 until Musk opened his mouth last week there is no controlling him for good or bad.
Click to expand...

I don’t think anything is priced in because we don’t know what is gonna happen. We aren’t at the bottom of whatever correction is happening now. We are going to be on a downward slide for at least another 6 months to a year from now by the look of things.
 
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LargeOrangeFont

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GUSH up $18.22 today.... another 52 week high. I expect to give half of that back at least tomorrow though.
 
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LargeOrangeFont said:
GUSH up $18.22 today.... another 52 week high. I expect to give half of that back at least tomorrow though.
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What is Gush? an oil etf? It looks like a lot of its holdings are cash/treasuries per yahoo so I don't see why its gone up so much this year. Think I missed the boat on that one. I bought NOG today at 34.5 it finished at 36 so I at least made 4% there. COIN back down into the 60s oh well I coulda day traded it for 10% profit but I guess I'll hold it until some good crypto news hits.
 
LargeOrangeFont

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Gonefishin5555 said:
What is Gush? an oil etf? It looks like a lot of its holdings are cash/treasuries per yahoo so I don't see why its gone up so much this year. Think I missed the boat on that one. I bought NOG today at 34.5 it finished at 36 so I at least made 4% there. COIN back down into the 60s oh well I coulda day traded it for 10% profit but I guess I'll hold it until some good crypto news hits.
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Yes it’s an oil and gas exploration and production ETF that delivers 2x shares. It collapsed to .40/share in March 2020, did a reverse split to $11/share in April 2020, and is over $250/share now.
 
ElAzul

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LargeOrangeFont said:
Yes it’s an oil and gas exploration and production ETF that delivers 2x shares. It collapsed to .40/share in March 2020, did a reverse split to $11/share in April 2020, and is over $250/share now.
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Ripe for a hefty drop I'm watching it from the sidelines closely
 
MPHSystems

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nameisbond said:
I see a big crash coming, but not until historic market crash season in the fall. Its going to be a painful summer cumulating into a big crash end of September or October.................................. My HUV is doing well: https://finance.yahoo.com/quote/huv.to/
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8-10% inflation will do that. I’m hopping my PMs will hedge


In the mean time, I’ve hitched a ride on the RDBX express and all I can say is: Weeeeeeeeeeeeeeee!

my stake in RDBX has outpaced all my losses.

Wish me luck!
 
OldSchoolBoats

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Crypto got obliterated over the weekend. My accounts are down 70% on the year. Brutal, but going to just HODL at this point.
 
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