-
Ever wanted an RSS feed of all your favorite gaming news sites? Go check out our new Gaming Headlines feed! Read more about it here.
Stock Market Era |OT2| Taking SPY private at $420. Funding secured.
- Thread starter Sheepinator
- Start date
- OT
- Status
my nintendo stock is the only thing green today. its actually the only thing keeping me above an all-time loss right now. lol.
Got some put credit spreads on FB and NVDA. Also a call on INTC.
I bought NVDA at open, which was absolutely stupid on my side....
FB expires tmrw, which means no chance for recovery unless tomorrow reverses today .
NVDA expires next week, so there is still at least some hope...
I missed this, but it's jumping because they're doing a SPAC with a Bill Gates-backed solid state battery company.
Someone spoonfeed me info on when the dip is done and what to buy tia.
Ah ok.
My entire portfolio is tech and it's all red, except AMC, which I invest a measly $25 in as a "what if" last week That's up 30%. I'm mad I didn't throw a lot more at it...
I really should balance out instead of being all tech
I really should balance out instead of being all tech
So I've never actually sold stocks before.
If I wanted to sell my Tesla shares only if it hits $400/share, what type of order type would I do?
If I wanted to sell my Tesla shares only if it hits $400/share, what type of order type would I do?
A stop sell order. As soon as it goes below $400 it will trigger a market order, so you may lose a little as it's executed but should be close provided it's not a monumental drop.
You can also look into stop-limit orders to prevent this if your broker provides it.
Problem with stop limits is if it keeps plummeting and never hits $400 again you don't limit your losses.
But yeah, if you want exactly $400 this is the way to go, it does carry a lot more risk though.
MrBob
Nasdaq 100 up-trend still in place? What do you think? It's another 2.5% drop to the 20d and the bottom of the channel.
Yup, the up trend hasn't changed yet. This is only a pullback for now. If the up trend breaks that would be another signal that perhaps yesterday was potential a major top in the nasdaq (whether short term or long term to be determined). But I usually don't get too worried about an overall trend until the 50 day moving average is breached at the very least. Problem for the nasdaq is the 50 day is still very far below.... could see a decent size correction in the nasdaq and still technically be in a longer term uptrend.
Yup. It could be the top, but so many people know about the megaphone top it makes me think that isn't the actual top. Could just be a reactionary pullback from hitting that level. We had the fastest drop ever followed by the fastest recovery ever that pierced the top of the megaphone. Doesn't seem too strange to me to see a reaction in the other direction. Typically the faster the market moves towards a target, the better chance of a bounce in the other direction. Doesn't mean it's over. Just means the sp500 was going too fast at this megaphone and will need to reset. If SP500 keeps falling, well, another story potentially then. Still in the pullback/correction camp versus a crash, but will just have to look at the new data every day..
Last edited:
That's atleast pretty good, I was scared you had like weekly options that were otm.
With spreads, you need to make sure you have enough money to buy back the options. If you leave them to far gone, you can end up losing more because you couldn't execute them. I can't really tell you to sell or not cause even right now i'm not sure if this holds. I'm cautiously a bear, pending tommorrow's price action. You can hold those next week options to see if there is a follow through to the down side, or a move higher.
You are looking for a stop limit, but 400 is bad number to do it on. It's probably flooded with both buy orders and countless other sell orders. So if your limit hits it would sell in the chronological placement in which you placed it (probably late to the party on that one) and possibly bounce right off of 400 to a higher valuation due to existing purchase orders in place.
If you're feeling bearish on TSLA place your stop limit above what you're willing to lose and capture some gains, if you're still bullish place it below hoping to hold onto your shares in the case of a bounce. Either way try and stay away from really nice numbers [in the current TSLA case meaning cleanly divisible by 100].
Yeah, for me I'm just eyeing the hourly trend change. With a possible confirmation tomorrow. What makes me lean more bearish atleast was that rejection finance had. If QQQ is pulling back and the market can't even get finance in order, we'll probably see much lower. All i know is, if we end the week here, it's a pretty bad look for S&P.
People love the rises and want to get in only to realize they don't have the heart to stomach the dips! Rinse and repeat.
I dunno about you but my personal strategy is buy high sell low.
Yeah, I shouldn't have been sleeping... Not a huge loss today but I could've gained more than I lost had I been awake for it. >_<
I don't think it's a headline or a big news story that did it. Seems like some firms are just looking to take some money off the table while we are at the highs. Or is there something I am completely missing?
September is historically a rough month with some dips. It's particularly bad this year because the market has been red hot all summer.
I'm too tech heavy and have been thinking about this for a while. I'm up over 200% on AMD, up 100% on MSFT, 150% on NVDA, 100% on JD (ecommerce). I need to diversify and today just reinforced that.
Any good non-tech sector plays you're looking at for the recovering economy? I missed out on HD that I wanted to cop and CAT that I was thinking about. I have some BAC at 18, but I'm thinking JPM instead with it's 3% div, but I know banks are going to hurt for a while given what Powell has been preaching about rates.
Any good picks my friends? This place, like my portfolio seems to skew tech heavy, but looking for more diversification.
Any good non-tech sector plays you're looking at for the recovering economy? I missed out on HD that I wanted to cop and CAT that I was thinking about. I have some BAC at 18, but I'm thinking JPM instead with it's 3% div, but I know banks are going to hurt for a while given what Powell has been preaching about rates.
Any good picks my friends? This place, like my portfolio seems to skew tech heavy, but looking for more diversification.
Doubt.jpg.
At this rate we may see an even further drop. Tesla might end up below $400.
OP
OP
wow, :(
Fastly is below my buy price. Glad I went out earlier.
MS is nearly down to it. Sold them as well.
Should have done this earlier today though :D
Red Robin is kinda stable today, interesting.
Fastly is below my buy price. Glad I went out earlier.
MS is nearly down to it. Sold them as well.
Should have done this earlier today though :D
Red Robin is kinda stable today, interesting.
So like a pull back, was coming eventually, now the question is if this is the start of a trend change. too early to call yet tho.
- Status