Stock Market Discussion

[bubbie]

He is long.

[mr_rugby]

He is long.

Correct, long on NIO

Edit: I think NIO, AMD & PYPL were all over sold. I would buy the fudge out of AMD at high 70’s

[bubbie]

^ The market is drymounted on the “hyped” stocks (and many others, really). Fundamentals don’t matter. NIO will come back, rather sooner than later, IMO. Probably will bounce back some tomorrow (edit: looking at the futures, maybe not). I am not in that game myself.


Lol at the CCIV. Some will have seen some rude awaking tomorrow:



Not sure what people have been thinking. One of the dumbest “plays” in a while. Well, maybe quite a bit shorter than a while with what’s going on. Good for those who made a quick buck on it though.

[davemfan]

oof, looks like the market is having a correction. hopefully that's all it is. on the plus side, everything is on sale. if you're looking to add this is a great time. the days / weeks ahead may even provide better buying opportunities.

[cktbreaker]

He is long.

Correct, long on NIO

Edit: I think NIO, AMD & PYPL were all over sold. I would buy the fudge out of AMD at high 70’s

I understand the position was a long and DCAing it, I was wondering if there was also a short to cover the DCAing. That's the scary part where DCAing without a short to cover could = rekt, because there is only hopium if you're DCAing to the bottom.

Good entry spot here on NEE 73-74 range. NEE is one of my investment stocks.

[cktbreaker]

NIO looking okay here on 15min. If it can gain 52.08, I might long a retest of 48.90-.60. I have a NQ short from yesterday to cover the NIO long if it gets stopped.

[bubbie]

^ That’s a solid strategy. I got a couple of stops triggered at the morning dump today.

Got some puts on AMC earlier today that I think (actually pretty sure) will make a solid profit. Some doubt because betting against the diamond hands, lol.

[bubbie]

Any predictions/thoughts on btc?

[cktbreaker]

Really matters what exchange you're trading BTC on. I am on Kraken, currently looking for a higher local high (so 15 min chart) first close above 47565 then 49316. I got another long the other day when Krak dumped to 45k took profits and today just added on the higher low at 45820. It's def a little sketchy, but I have a short on btc as well from 56162. So I have protection if this current long gets stopped. But yeah just predictions, I have no bias on which way anything will go. Always be the bear and the bull.

[bubbie]

^ Not bad for an electrician (joke).

I was just thinking to make a play here before the close, but passed. Way too much uncertainty, even for my tolerance.

[bubbie]

buy this penny stock $ALYI you guys can thanks me later

So it’s about back where it started after your post (maybe still a little higher? Not sure).

Is this the news you were referring to? That’s from yesterday. Pretty unusual source to find this info at, but that’s what google threw at me, lol.

The Cowboy Channel (luls): Alternet Systems Shares Rally As RevoltTOKEN ICO Nears; Token Is Expected To Offer $100 Million In Financing

P. S. I can’t play even if I wanted to. None of my current trading accounts allow me to trade US OTC stocks (not eligible under the tax rules due to the nature of accounts). It has my interest though. Maybe I will resurrect one of my older “regular” accounts with no restrictions.

P. P. S. Still laughing about the cowboy channel.

[mr_rugby]

Nice little run on NIO today +5.59%. GME part II is underway.

[bubbie]

Crazy run today!

And these guys are back, lol:

[cktbreaker]

The weak hands in GME capitulated. They prob sitting there wondering why it pumped after they sold, now they will fomo buy the impulse up, not take profit, because well moon and get rekt again when price falls and they sell lower.

Got a nice pt on FSR-Fiskar today then bought some GOEV-Canoo at 14.05, not best entry but I missed the perfect price action at 12.50.

[bubbie]

Got some puts on AMC earlier today that I think (actually pretty sure) will make a solid profit. Some doubt because betting against the diamond hands, lol.