The stock market

[Snapprhead27]

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....

I'm still all in Fidelity in my deferred comp, large cap as well.

 

[movetheboat]

Fed policy decision 2 p.m. tomorrow...FUN FUN FUN

The HERD is thinking sell!!!!!!!!! So we probably rally...think like a crook

 

[BennyV]

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....

Not gonna happen because they are responsible for news these days. They are one of the new propaganda machines.

 

[movetheboat]

this is the STOCK MARKET thread....nothing else....including bonds...conspiracies,,,,and other noise

 

[movetheboat]

Hump day and FED day......all the sellers and those who went short get burnt today!!!!!!


up up and away!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[OVERBORED]

Gonna start calling you "The Prophet"....LOL

 

[movetheboat]

Gonna start calling you "The Prophet"....LOL

thank you....you should hear what some of dese guys call me lol!!

MEANWHILE!!! THE FED ANNOUNCED RATES COMING UP AND ZOOOOM GOES MR. MARKET

EDIT...RALLYS FADING A BIT NOW sigh!

Stocks hold gains as Fed promises interest rate hike 'soon'​

From CNN Business' Anneken Tappe

Wall Street defended its strong gains Wednesday afternoon as the Federal Reserve said it was getting ready to raise interest rates.
"It will soon be appropriate to raise the target range for the federal funds rate," the Fed's policy statement read.
That's good news for investors who have been desperate for the Fed to do something about the high pandemic-era inflation. But generally speaking, higher rates aren't loved by the stock market.
Either way, the rally remains on.

 

[movetheboat]

A thing of beauty today....killed the SHORTS and now trying to pull the rug out from the LONGS!!! DA BEAR IS RUTHLESS!!!!!!

 

[BennyV]

All red now.

 

[dsedy]

Still short and loaded up on the rally with more SQQQ and SPXU

 

[movetheboat]

Still short and loaded up on the rally with more SQQQ and SPXU

good move...going lower.....usually the market goes the opposite the day after fed.....so might be painful a bit for ya tomorrow


I'm not holding anything overnight for now

 

[CELLFISH]

OIL… $86.00 / barrel…

 

[dsedy]

good move...going lower.....usually the market goes the opposite the day after fed.....so might be painful a bit for ya tomorrow


I'm not holding anything overnight for now

I hear ya. I closed out my crypto longs at 10PM last night, made a little, but go figure they were all up overnight, which was an anomaly these past 10 days!

 

[BennyV]

I hear ya. I closed out my crypto longs at 10PM last night, made a little, but go figure they were all up overnight, which was an anomaly these past 10 days!

Only one I’m holding and adding every few weeks is Algorand. Pays 4% and compounds daily. Has a decent upside. Everything else is scary. Might grab some ethereum soon though.

 

[dsedy]

This is the daily on the S&P. We are below the daily 200 (long red line at the bottom) . Any rallys to the blue 12ma or red26, as well as the fibonnaci retracement (horizontal colored lines) are resistance/breakthrough levels. should be a wild ride who knows where. The price ranges on the right are the breakdown high to recent low levels for this financial cycle.

 

[movetheboat]

We have a date with around the 4000 level and see how that goes

 

[longcast]

This is the daily on the S&P. We are below the daily 200 (long red line at the bottom) . Any rallys to the blue 12ma or red26, as well as the fibonnaci retracement (horizontal colored lines) are resistance/breakthrough levels. should be a wild ride who knows where. The price ranges on the right are the breakdown high to recent low levels for this financial cycle.

View attachment 43623

Greatly appreciate the insight and analysis!

 

[movetheboat]

YOUR WELCOME!!!

U.S. economy likely regained steam in Q4, 2021 growth seen best in 37 years

reuters.com

LGB!!!!

 

[movetheboat]

FUTURES ARE UP S+P caSH at 4387.....That may be the high for da day...........

 

[movetheboat]

good move...going lower.....usually the market goes the opposite the day after fed.....so might be painful a bit for ya tomorrow

AND THERE YA HAVE IT......trapped traders who shorted the end of the day getting SQUEEEEEEZED