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12-18-2020, 11:24 AM | #6406 | |
Supporter
Join Date: Aug 2005
Location: Hermosa, SD
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Quote:
Could see a huge dump by the hedgies after that is my guess. S&P tends to bring in funds at the top. Could still be a good long term bet, but medium term, I think i goes back to 400s maybe. |
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Posts: 44,355
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12-18-2020, 11:31 AM | #6407 |
Buddy Christ is a Chiefs fan
Join Date: Nov 2008
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Going here in an hour to sign my life away. We are taking a good chunk of our retirement money and investing it in our own business. It is a site with 5 cabin rentals with hot tubs up in the mountains. It makes a small fortune already, we are hoping to expand that some.
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Posts: 10,777
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12-18-2020, 11:51 AM | #6408 | |
Spooky Action
Join Date: Dec 2003
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Posts: 6,404
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12-18-2020, 11:54 AM | #6409 |
Andy Reid Supporter
Join Date: Apr 2012
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Monday should be the big day for Tesla. Stimulus will be done over the weekend, Moderna will also be approved and ready for rollout this weekend and Monday’s opening bell is when index funds can officially buy Tesla.
Gonna be a fun day |
Posts: 47,670
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12-18-2020, 11:58 AM | #6410 |
MVP
Join Date: Sep 2004
Location: San Diego, CA
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Posts: 5,165
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12-18-2020, 12:07 PM | #6411 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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I'm a bit cowardly in these situations where a stock skyrockets. I keep fighting the urge to hit the 'sell' button on some of it, but man, it just keeps going up. I need to learn from the mistakes I've made before and just keep riding, but if that JP Morgan guy is right and it goes to 90 that would really hurt.
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Posts: 142,644
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12-18-2020, 12:08 PM | #6412 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Posts: 142,644
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12-18-2020, 12:09 PM | #6413 | |
Woman should only make babies
Join Date: Nov 2003
Location: Apartment "G UNIT!"
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Posts: 54,560
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12-18-2020, 12:47 PM | #6414 |
Supporter
Join Date: Aug 2005
Location: Hermosa, SD
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Im getting smoked trying to short DASH today. HODL for monday drop.
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Posts: 44,355
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12-18-2020, 01:00 PM | #6415 | |
Fish are scared of me
Join Date: Nov 2001
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Quote:
BUT, my gut feeling is people will be buying after hours today trying to get in before Monday. With all the shares that are being required to purchase from the index funds I would think Monday it just HAS to go up but then again there might be a ton of people taking profits at the same time. |
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Posts: 40,769
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12-18-2020, 01:08 PM | #6416 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Quote:
I have no idea of legalities and stuff, but if I was an index fund manager I would've found a way to buy the stock early even if I can't yet do it in the index fund. But it seems like they could buy it into some other fund that they manage to hedge, right? I just keep wondering if the S&P runup is what happened over the past year. But then again, I know nothing about how those funds operate. |
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Posts: 142,644
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12-18-2020, 01:18 PM | #6417 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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I see Congress's bullshit is about to wipe out the gains for the week......
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Posts: 129,393
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12-18-2020, 01:30 PM | #6418 | |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,769
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12-18-2020, 01:32 PM | #6419 |
Fish are scared of me
Join Date: Nov 2001
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Avg volume 10 days is 53m. Right now it's already at 63m
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Posts: 40,769
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12-18-2020, 01:59 PM | #6420 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Quote:
https://www.cnbc.com/2020/12/18/trad...he-sp-500.html |
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Posts: 142,644
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