badharambe said:
One key level I'll be watching is around the 50-day moving average (SPX ~2640), which coincides rather nicely with resistance tracing back to mid-November AND ~2640 is the 50% retracement mark.
just my two cents, we will see what ACTUALLY happens, if we even get to this level.
Thank youDan Scott said:
I'm looking at the 142 January 25 puts. Premium
Is so cheap. The 139 is only .70
even with earnings season coming up?Dan Scott said:
I'm looking at the 142 January 25 puts. Premium
Is so cheap. The 139 is only .70
drill4oil78 said:
Need a retest of the lows over the coming weeks/months. That would be the healthiest thing to happen for continuing the major bull market forward. Need a base formed for a powerful move up. Personally I am fairly confident we have seen the lows. We just need to retest the 2350 low in the SP500. Negativity would increase even more if we get a retest. The bears would come out of every crevice spouting how smart they are.
I think we give back some of this recent move off the lows. If that occurs, then I'd take some long positions that I want to just hold onto.infinity ag said:
I think it's a great time to buy and hold. Markets are at a low and looking for a reason to jump up.
I hate Citi.Quote:
Roku (NASDAQ:ROKU) is down 0.5% after Citi trims usage forecasts and cuts its price target to $44 from $60, pointing to higher costs.
Analyst Mark May says competition will hold down active account growth, and he's forecasting higher expenses in accounting for international investments.
He's Neutral on the shares; the $44 target now implies 11.8% upside.
update: sold this position on the spike this morning at $9.25. $200 profit or ~28%. Tomorrow the IPO lockup expires and I decided not to gamble through that.Ragoo said:
Bought a TLRY call this morning out 2/15 for 7.25. Already up over 8.35.
I'm not saying the growth will continue to be the same or improve, but did they not see the announcement on account growth and streaming hours last week? I wonder if this is only due to the Amazon IMDb announcement last week.Prognightmare said:
https://seekingalpha.com/news/3422713-citi-trims-roku-target-forecastsI hate Citi.Quote:
Roku (NASDAQ:ROKU) is down 0.5% after Citi trims usage forecasts and cuts its price target to $44 from $60, pointing to higher costs.
Analyst Mark May says competition will hold down active account growth, and he's forecasting higher expenses in accounting for international investments.
He's Neutral on the shares; the $44 target now implies 11.8% upside.
Prognightmare said:I think we give back some of this recent move off the lows. If that occurs, then I'd take some long positions that I want to just hold onto.infinity ag said:
I think it's a great time to buy and hold. Markets are at a low and looking for a reason to jump up.
Pay a lot of attention to OldArmy1. You will learn a ton and profit more than not if you do.infinity ag said:Prognightmare said:I think we give back some of this recent move off the lows. If that occurs, then I'd take some long positions that I want to just hold onto.infinity ag said:
I think it's a great time to buy and hold. Markets are at a low and looking for a reason to jump up.
Yes, there's been some gains YTD and I think some of it will be given back, but then I don't think we go below where we were on Dec 31. So if you buy now and hold through, you should be up after 3-6 months.
From this year, I have started an account purely for playing momentum. This is outside my IRA and my regular trading account. The plan is to use the short term gains for things like vacation, home improvement, kid's expenses and other short term needs/luxuries. Let's see how it goes.
