The stock market

[movetheboat]

First half of this year will be rough.....2nd half will be good...that's what I'm playing.

Good thing about a bear market is that they are fast and short....but they will drop like a rock until every last seller is out.

Long term my crap is all defensive...protect capital

SHORT TERM TRADING...short the rallys til it doesn't work

Contrary to popular belief markets historically went up on interest rate increases....not right away but the market eventually shrugs it off...just like with the pandemic

and that's that!!! IMHO...FYI...BLAH BLAH BLAH


CRYPTO will get slaughtered worse than the market if we are entering a BEAR

 

[OVERBORED]

IMHO Crypto=Enron

Everyone is getting sucked in....

 

[movetheboat]

Bitchcoin down 2000 this morning!!! Healthy market pullback continues

GETTING CLOSE TO A VIOLENT COUNTER RALLY TO FOOL EVERYONE THAT IT'S ALL OVER

Place your bets!!

 

[wader]

looking grim......

 

[OVERBORED]

As the famous saying goes:

"Bulls make money, Bears make money, pigs get slaughtered."

 

[movetheboat]

We will hit a temporary bottom today looks like......bought some 'STUFF" UNDER 4300 S+P

If it don't look good as the day goes on or some BAD NEWS comes out......I bail out

If I'm right...well.....

edit...first rally attempt FAILED

 

[movetheboat]

130 BILLION WIPED OFF crypto MARKETS IN 24 HOURS!! Yikes!

 

[dsedy]

130 BILLION WIPED OFF crypto MARKETS IN 24 HOURS!! Yikes!

Wish I could have shorted, but no derivative exchanges will allow it for NY residents. So all in cash (except for a quick trade on a 15 minute time frame) until I see bullish divergence on the 1-4 hour time frame......
could go much lower though

Short the stock market though with SQQQ and SPXU, up 20% since Thursday

 

[movetheboat]

S+p hit down 4% added a bit more....yikes!!!

I hate catching falling knives lol!!

 

[dsedy]

S+p hit down 4% added a bit more....yikes!!!

I hate catching falling knives lol!!

There could be a big reversal if the fed speaks a little dovish wednesday....who knows?? wild market

 

[movetheboat]

There could be a big reversal if the fed speaks a little dovish wednesday....who knows?? wild market

short the fed talk is the obvious trade...so you know what that means...plus we will have end of the month stuff soon....when the sellers are exhausted and the PUTS/SHORTS are too heavy to one side....ZOOOOOOM!!!!

 

[dsedy]

short the fed talk is the obvious trade...so you know what that means...plus we will have end of the month stuff soon....when the sellers are exhausted and the PUTS/SHORTS are too heavy to one side....ZOOOOOOM!!!!

I was on the street for 7 years as a trader...seems like another lifetime ago haha

 

[movetheboat]

Just sold half of what I bought earlier...locking in some nice cha-ching!

Need nerves of steel catching them falling knives....see how the close goes

 

[movetheboat]

Dumped the rest!!!! YOWSA!!!! Looks like a bullish close...but I'm taking the money and running!!! what a day! SOXL my big money maker today

all indexes GREEN now!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[dsedy]

Dumped the rest!!!! YOWSA!!!! Looks like a bullish close...but I'm taking the money and running!!! what a day! SOXL my big money maker today

all indexes GREEN now!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Nice trade at the 4 hour 12EMA

 

[movetheboat]

9/24/2020 Market Summary > Nikola Corporation
NASDAQ: NKLA
Follow

19.10 USD −2.05 (9.69%)
Closed: Sep 24, 7:59 PM EDT · Disclaimer

ANOTHER 10% haircut today I'm a buyer at 5 bucks!!

REACHED 6 BUCKS TODAY

 

[movetheboat]

Looks like the rally is over, futures are in the toilet.

Working a 12 hour shift today.....don't know if I'll bother with the market.

If we test yesterdays low...I'll see how that goes...I set up alerts on my phone

 

[BennyV]

Just picked up my first iBonds of 2022. They are yielding 7.14%. They keep up with inflation and are tax-deferred. Beats a savings account and the bond funds I have access to through my retirement plan at work.

 

[movetheboat]

long term FUND
chit locked into: until the carnage ends PERCENTAGES VARY FROM 5% TO 25%

BlackRock® Global Natural Resources
WMC Balanced
Mellon Healthcare Sector
Mellon Energy Sector
JNL Conservative Allocation
JNL Multi-Manager Alternative
JNL/Westchester Capital Event Driven
JPMorgan Hedged Equity

 

[OVERBORED]

Biden supposedly going after all technology companies. , Covid delayed things but I think this year he will.

I'm moving back to large cap and anything to do with travel/hospitality. This summer will be huge for that sector......if Covid takes a break....