Anyone investing heavily this year??
- Thread starter rph2005
- Start date
Read about ADTX after work today on SA. They completed a 1 for 50 R/S today and then it was up in the after hours. @Coldchi could you explain something to me? Are you saying it has a nice setup because the float is lower and folks that took a short position need to cover setting up a possible squeeze like GME?
the chart pattern for it is bullish
the reverse split should come sometime in pre-market. i expect it to be somewhere in the $25-28 range.
Still trying to learn all this stuff. Was looking at buying some QQQ last night. What do u mean by “break”
Support level for a possible bounce back to upside (buyers stepping in). If they don't and it breaks belown that, sellers could push the price down even lower.
I've been using the 15 minute candle and watching the buy/sell volume to see who is winning while keeping an eye on the overall trend of the stock I am playing. Since I'm trading META, If the $QQQ is approaching a possible bounce point I usually get out and wait to see whats going to happen.
**Additional info:
With 1 minute left in this 15min candle the sell volume was real low, around 10%. So 90% buying, thus the big green candle. The cyan line is the premarket high for the day. That can act as resistance also, which means the price could go back down from there. It would not be ideal if it "ranges" between those 2 prices for the rest of the day. I want to see it run or drop.
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below 17 and droping...where is this floor by your guess?
probably a good place to drop this video about candlestick tradingSupport level for a possible bounce back to upside (buyers stepping in). If they don't and it breaks belown that, sellers could push the price down even lower.
I've been using the 15 minute candle and watching the buy/sell volume to see who is winning while keeping an eye on the overall trend of the stock I am playing. Since I'm trading META, If the $QQQ is approaching a possible bounce point I usually get out and wait to see whats going to happen.
i got out at 29.....that 30 mark wasnt holding.
right now i got in HKD @73......currently at 126.
the chart looks just like what NRBO did on yesterday.
and ALT had a very big dip this morning from 22 to $7.....and this was after some good news.
i got in on that dip at 7.50 and sold at 16.
HKD @ $275......
easy muthafuckin money......
I see it but it seems like it already run its course.
Is this sustainable?...or can we catch some put money on the way down...?HKD at $346.....lol
Nigga whattttttt....
wow lolHKD at $346.....lol
Nigga whattttttt....
GOOGL has been ranging for a while now. The bottom is ~$102. If it can't hold, there is more downside $101 -> $97.25. If you are long term, you could dollar cost average at any time.
Yo what platform u use to trade with for daily playing like this?
You can trade on any platform for stock trading. Just understand that in order to short (catch the stock going down) you'll need to have a margin account. My favorite platforms are WeBull and ThinkorSwim (TdAmeritrade). Don't use Robinhood.
Stocks could be in for another 20% drop by mid-October, according to Scott Minerd, chief investment officer at Guggenheim Partners. He based his prediction on S&P 500 Price/Earnings multiple historically trending lower when inflation is higher. The annual change in the core price consumption expenditure index is currently at 4.6% and the S&P 500 is currently trading at 19 times.
Kinda OT, but interesting
thehustle.co
The people making millions off Listerine royalties
A little-known provision in a 100-year-old contract opened up the door for private investors to mint money from mouthwash sales.
thehustle.co
anyone trading options? this week I'm putting puts on SPY before fed announcement, and on KBH and LEN (homebuilders) because of houses being down and earning coming out thursday after hours. not an expert . open to thoughts.
My plan is to play the aftermath. Not sure what the rate will be or how the market will react to it. I've never played the housing stocks, but I do have a feeling their numbers will be down due to the excess inventory.
i feel you, and some analysts are telling people buy, and its going up. but with sentiment and interest rates, earnings has to be down. might take the risk. also fedex has earnings too. all puts, if i jump
FedEx already announced their numbers last week, thats why they dropped (and took UPS for a ride too). It would be shocking to see them fall further. I'm waiting and hoping for that 20% market drop, so a 100 basis point increase would print.