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05-26-2022, 01:56 PM | #13021 |
Fish are scared of me
Join Date: Nov 2001
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They just said on CNBC awhile ago the last 100 days of NASDAQ has been the Worst 100 days in the history of the NASDAQ
They mentioned some fool on Chiefsplanet apparently started a Stock challenge that sunk the ship. Well, not really but the 100 day part was really stated. Last edited by Hog's Gone Fishin; 05-26-2022 at 02:01 PM.. |
Posts: 40,779
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05-26-2022, 03:54 PM | #13022 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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My Ford options are doing very well.
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Posts: 52,112
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05-26-2022, 05:44 PM | #13023 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
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Quote:
That's the highest the 30 year mortgage rate has been since the GFC. In a matter of a few months from the lowest it'd ever been. It's higher than we got in the 2018 tightening cycle where they took FFR to 2.75%(?) - not sure on the exact number. I think the Feds rhetoric is definitely slowing demand and, sadly, I think if you flip that chart upside down it's my stock portfolio. Psychology is important for both the economy and stock market and I'm seeing recession references a lot of late. Nobody likes losing wealth I did get a .10% boost to my savings account though! hooray |
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Posts: 6,249
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05-26-2022, 06:06 PM | #13024 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
I had to go to the bank to ask my banker about some equipment notes I was thinking about doing. I told him I got my notice of the .5% rate hike in my LOC and asked when I was getting the corresponding one for my savings (LOC balance: 0, Savings account balance, >0), I like to watch him squirm. |
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Posts: 57,710
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05-26-2022, 07:42 PM | #13025 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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I moved 25% of my cash position in a rollover IRA into long positions today for VOO and VXF.
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Posts: 46,068
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05-27-2022, 02:01 PM | #13026 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Posts: 52,112
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05-27-2022, 02:13 PM | #13027 |
TACO SALAD
Join Date: Apr 2008
Location: yes
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We actually ran up into the close of a long weekend. Pretty nice day!
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Posts: 6,249
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05-27-2022, 02:14 PM | #13028 |
MVP
Join Date: Oct 2011
Location: Chandler AZ
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Wild day. Got my ass kicked right from the opening bell on BITO $19 calls and lost $1800, but made $1950 scalping BKSY and AVDL all day. Finished up $100 on the day, lol.
Could've been such an awesome day without those BITO calls and if I had held my original position on AVDL. Had 5k at $1.53 on the first dip after open, didn't like how the level 2 looked and sold at $1.55 for $100. Then watched it go over a dollar higher than where I sold. Turned a $5,000 trade into a $100 trade, something I seem to be very good at doing. |
Posts: 13,589
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05-28-2022, 08:47 AM | #13029 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Quote:
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Posts: 46,068
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05-29-2022, 12:15 PM |
Hog's Gone Fishin |
This message has been deleted by Hog's Gone Fishin.
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06-01-2022, 08:26 AM | #13030 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Okay so the headlines today are a good example of how ****ing stupid people on Wall St. can be.....
Couple of months ago: Market falls on inflation fears, economy growing too fast and Fed is not keeping up.. Today: Market falls on fears of weak economic growth |
Posts: 129,405
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06-03-2022, 05:21 AM | #13031 |
Veteran
Join Date: Aug 2004
Location: Indiana
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Posts: 1,803
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06-04-2022, 08:40 PM | #13032 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Only for entertainment value, and it's certainly not an exhaustive list.
Berkeley Lights -96% CytoDyn -95% Stitch Fix -93% Carvana -93% Peleton -92% Nikola -91% Compugen -91% Tusimple -91% Redfin -90% Beyond Meat -90% Teladoc -90% Pacific Biosciences -89% 2U -89% Tencent -88% Oatly -88% Robinhood -87% RingCentral -87% Wayfair -87% AMC -86% Snap -85% Rivian -85% Goodrx -84% Carnival -84% Ginkgo Bioworks -84% Roku -84% Coinbase -83% Zoom -83% Unity Software -83% Twist Bioscience -82% Bed Bath Beyond -82% Fate Therapeutics -82% Shopify -82% UiPath -82% DraftKings -81% Zillow -81% Roblox -81% Materialise -81% Pinterest -80% Chewy -80% This is why it's dangerous to buy a stock that's falling. What looked like a cheap stock at 20% down, was just a falling knife you bought. And this was with the market only losing about 20%. |
Posts: 46,068
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06-05-2022, 08:33 AM | #13033 | |
Fish are scared of me
Join Date: Nov 2001
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Quote:
Damn Lewdog , Your portfolio is looking rough. |
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Posts: 40,779
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06-05-2022, 08:38 AM | #13034 |
Fish are scared of me
Join Date: Nov 2001
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Anybody think AMZN will be a good swing in the morning.
Looks to open at 122.35 |
Posts: 40,779
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06-06-2022, 08:33 AM | #13035 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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I think this is a suckers rally
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Posts: 52,112
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