All things STOCKS

[mr.checkerboards]

My 24 hour markets are ugly. Not looking good today.

 

[Jax_Vol]

My 24 hour markets are ugly. Not looking good today.

solid wall of red this morning.


But, we gonna close in the green this afternoon....right?

 

[DinkinFlicka]

solid wall of red this morning.


But, we gonna close in the green this afternoon....right?

If it's anything last year taught us, we very well could.

Or it could plummet much further.

Or it could retrace to Friday's close.

 

[BigOrangeMojo]

Why it's always good to have a little cash reserve with this admin.....

Might get to go shopping later today

 

[Vol737]

Looking at this pre market action, I’m gonna assume the position for today and go full ostrich mode.

 

[05_never_again]

This pullback might be a little different/deeper than the ones we've seen since last April. The Mag 7 has been underperforming since October and never made a new high along with the S&P.

I thought for a little bit that we were actually getting some rotation within the Mag 7 (i.e., look at AAPL vs. NVDA over that same time period), but now AAPL has rolled over fairly hard over since early December. Yields have also spiked today; that'll get the market's attention.

 

[DinkinFlicka]

ONDS loves global instability.

 

[Vol737]

Well, we’re off the bottom anyway…a little.

 

[Ernest T. Vol]

Well, we’re off the bottom anyway…a little.

Folks panic on days like today, but for the S&P, we are just where we were at Thanksgiving and again on December 18th. Not even big enough of a dip to buy. Less than 3% of the record high about a week ago.

 

[Ernest T. Vol]

Hyperspace post. GBO

 

[Vol737]

Folks panic on days like today, but for the S&P, we are just where we were at Thanksgiving and again on December 18th. Not even big enough of a dip to buy. Less than 3% of the record high about a week ago.

True. I did take a sneak peak at my holdings, though. At least my PM ETF's are still in high gear. It's been like shooting fish in a barrel for the past 6-8 months.

 

[Ernest T. Vol]

True. I did take a sneak peak at my holdings, though. At least my PM ETF's are still in high gear. It's been like shooting fish in a barrel for the past 6-8 months.

A few more days like today would be buying time for me. I'm looking at 6720 (Dec 17) as a marker and 6522 (Nov 21) on the S&P as a BTD. Those are recent lows, a pull back of about 7% and support if you "believe" we are not experiencing some sort of black swan or systemic problem.

 

[DinkinFlicka]

NVDA dragged down my port today. My covered calls on it helped offset a little.

Managed to make some positive moves but yeah, not the sale I hoped for.