Surprised nobody has mentioned the real reason for the run up the last couple of weeks. george_92 apparently didn't come back with a new username after being banned.
What are you looking at, stock or options?Colt98 said:
I keep looking at COST. Think they make it back to 300, probably should have bought today before close.
This is one of the things that concerns me about this market. Global economies are slowing down and it will start to hit ours as well, yet our's is almost at ATHs. The graph of the markets last September are eerily similar to what we are now right before they began to slide hard last October. I'm starting to look at some put protection or at least getting into a more cash position before October.La Bamba said:
ECB cuts rates and re-starts bond buying program.
https://www.cnbc.com/2019/09/12/european-central-bank-launches-new-bond-buying-program.html
Was hoping to trigger an OA comment there.MidnightMugdown said:
Behaving very well this morning. When do you think you'll exit?
AgShaun00 said:
With Coop, what is the goal long term for this stock? I am up 25%, but curious how much more room is there to run.
Yeah...my only bad one today. Makes me sad in pants.gougler08 said:
DXC getting killed today
Why you trying to be like that on RIG man? What he ever do to you.Prognightmare said:
I bought puts on RIG, X, SQ and SPY.
Whitehouse just came out and said interim trade deal is "absolutely NOT true".oldarmy1 said:
I hope this flush was a shake before a bake but this is why I posted buying puts on movers at major resistance.
Ok, ok, ok. I too am watching it with my trading funds. I think it may see $5 from the profit takers.Prognightmare said:
Math brother, If you bought it 2 weeks ago at $3.85 wouldn't you be a seller at $5.50 with nothing major changing the market perception? I'm only trading them, I see it going below $5
Quote:
RH's stock halted for news pending
10:49 am ET September 12, 2019 (MarketWatch)
Hedges in place! We have interest rate cuts coming next week so the macro underlying fundamentals is positive, but just in case hedge because if we don't breakout right up against major resistance the drop will be fast.Prognightmare said:Whitehouse just came out and said interim trade deal is "absolutely NOT true".oldarmy1 said:
I hope this flush was a shake before a bake but this is why I posted buying puts on movers at major resistance.