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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
A place to talk about investing stuff.
Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 06-18-2021, 11:11 AM   #10171
Buehler445 Buehler445 is online now
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What about nuts?
I’m married. Don’t need them anymore.
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Old 06-18-2021, 12:26 PM   #10172
scho63 scho63 is offline
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I hope Im wrong but looking over the next 2-3 months I see nothing positive for the market
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Old 06-18-2021, 02:03 PM   #10173
MTG#10 MTG#10 is offline
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I thought something had to happen today with AMC? Curious to hear Trey's spin.
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Old 06-18-2021, 02:14 PM   #10174
petegz28 petegz28 is offline
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Broke through some key levels today on the SPY. Looks like the beginning of a correction.

10% down would put us right around the 200 SMA. There is some support about 2.5% below where we are today but if that doesn't hold hang onto your hat and build up some cash for the upcoming dip.
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Old 06-18-2021, 02:48 PM   #10175
displacedinMN displacedinMN is offline
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What Is going on? Dow down 500
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Old 06-18-2021, 02:53 PM   #10176
eDave eDave is offline
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Death Cross is imminent. Crypto getting wrecked.
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Old 06-18-2021, 02:57 PM   #10177
lewdog lewdog is offline
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Things don’t move linear.

News at 10.
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Old 06-18-2021, 05:05 PM   #10178
Halfcan Halfcan is offline
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Originally Posted by scho63 View Post
"St. Louis Fed President James Bullard told CNBC he sees an initial interest rate increase happening in 2022 as inflation picks up."

And that's why the market is tanking today.
Total shit week across the board.

If their goal was to tank the stock market, they have done a great job.
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Old 06-18-2021, 05:47 PM   #10179
Hog's Gone Fishin Hog's Gone Fishin is offline
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What Is going on? Dow down 500
It's common knowledge that the whole stock market will tank for the hedge funs to cover their AMC short positions.
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Old 06-18-2021, 05:53 PM   #10180
eDave eDave is offline
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Haha, Hog Dude.
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Old 06-18-2021, 06:25 PM   #10181
scho63 scho63 is offline
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Someone sold a HUGE block of Apple about 4-5 minutes before the close. Looked like 35 million shares in a single trade. Volume went from about 62 million to 97 million shares in a blip and stock lost like .40 on one down tick.

Not too many people or mutual funds control that much stock.
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Old 06-18-2021, 06:36 PM   #10182
lewdog lewdog is offline
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Originally Posted by scho63 View Post
Someone sold a HUGE block of Apple about 4-5 minutes before the close. Looked like 35 million shares in a single trade. Volume went from about 62 million to 97 million shares in a blip and stock lost like .40 on one down tick.

Not too many people or mutual funds control that much stock.
Nah, it was me.

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Old 06-18-2021, 07:15 PM   #10183
MTG#10 MTG#10 is offline
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Really hope my COIN investment pays off someday, up to 55 shares now. They make so much money from people buying AND dumping crypto I don't see how it can't if I hold it long enough...
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Old 06-18-2021, 07:36 PM   #10184
philfree philfree is offline
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My big account tanked about $20,000.00 this week.

The other Nasdaq heavy accounts not so much but still not good.
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Old 06-18-2021, 09:49 PM   #10185
Buck Buck is offline
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I sold all my AMC today to buy more GME. Hope it was the right call.
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