I think it will fall but logic isn’t something that’s happening in the market as a whole right now. Some individual stocks are behaving logically but the market as a whole really isn’t. People are trading based on 2021 revenue projections and acting like the coronavirus impact is done. It’s not logical. Also impossible to predict when good/bad news that is moving the market will come out.
I think the illogical movements of the market support the case for retail investors using technical analysis over fundamentals. Follow the money flow and momentum, not the earnings and balance sheets. As I mentioned before, I believe the US equity markets will continue to trade at a premium for the foreseeable future. Where else are people around the world going to put their money? In bonds with negative interest rates in Europe and Japan, and starting to gain traction in the US and other countries? GTFO. Conservative investors are being forced to play the market just to beat inflation.
We're close to correcting a bit. Top end of the range is 9287 Morgan Stanley trading desk said yesterday was one of the largest short covering rallies they've seen this year
Wholeheartedly agree. Not much changes until we see solvency issues. The strong dollar is only exacerbating the flows to US assets
i really should follow the dont try to time it, dollar cost averaging is usually a negative, when you have money to invest get it in framework
Stagger is it me or are the squeeze and TSI just getting really tight and there should be a pop today
We're expecting a drop in the Nasdaq. We typically play this by buying inverse Nasdaq ETFs. There are several options that give you 1x, 2x and 3x exposure. I'm in on SQQQ (3x). Pacey typically plays QID (2x)
going to just put the rest i have currently in over the next week and not look at it for a decade feels like the odds i miss the rise up is equal to the odds i miss a future down so better to just get it in no one tag me if we sink below 22k again
On QID 1 min? I see it for sure. Not sure how much of a pop would result from a 1 min. squeeze and divergence.
never bet against Dave, I set a stop loss I am ready to get out of it. Has been a really nice rebound from $4 or whatever
Yesterday was fun. Made some good coin in my play account and the Roth IRA continues to bounce back. I also threw $5K in Charles Schwab last week to open one of their new Intelligent Portfolios. I answered about a dozen questions to determine my risk appetite and it placed me in 20 ETFs and kept a little in cash. Interested to see how that does over the next year.
My Intelligent Portfolio has lost 0.89% since account inception on October 4, 2017. The S&P 500 is up 24.47% over the same time frame. Got a lot of financial moving parts right now, but getting out of the Intelligent Portfolio is something I will be doing soon. I had better returns using Betterment's robotrader. ETA in February it was up ~16% since account inception, when the S&P was up 41% over the same time frame.
Well shit. I thought it was a new offering. I guess Intelligent Portfolios have been around since 2015 and Intelligent Income began in January 2020. If it's possible to be over-diversified then I definitely am. Really should look at combining some of my accounts. Roth IRA, two 401(k), play account, intelligent portfolio and a pension.
I just did this. Like the ROI proposition. It's still available if anyone wants it. Buying a $100 call, selling a $102 call
It's going to work its way back to the VWAP, and then we'll see where it's heading. What was the catalyst for that? Any news?
My financial planner is with Ameriprise. We really like him but I don’t like Ameriprise’s online platform. Wife and I have our IRAs and two brokerage accounts with him there along with my stock awards. I use Robinhood to fuck around with day-to-day trading though - Ameriprise’s online and app platform sucks.
Yeah sounds like a UGA season, don't forget a loss to UF. So much promise but in the end a crushing defeat.