Bought a couple BYND 135 weekly puts. Chart looks nasty after it broke 140.
I thought about posting this earlier, and since you alluded to it, I will go ahead and ask.Prognightmare said:tamc1956ag said:
If you had one stock to buy with 1500 dollars and expect growth inn the next few years..what would it be?
in other words ... I have that much to invest
I'd hold off for just a little bit. The markets are on shaky ground IMO. Keep your powder dry and keep accumulating cash for when your ready. Ask for a list of stocks to follow and research. I'll try to find some later but I'm in a meeting right now.
9.50 would be a double bottom, has support around 10.50.spud1910 said:
Looking at charts, there still appears to be room for ostk to fall?
Thanks for the figures. I thought that keeping 25% cash was high, but I appreciate other perspectives. It kills me to keep any cash on the sidelines.Prognightmare said:
I'm not concerned about the possibility of a recession but I suspect a buy the rumor sell the fact scenario is taking place with respect to a trade deal with China. I wouldn't be surprised to see a market selloff if a deal is announced. I currently have my trading account in 50-65% cash and move into short term trading ops.
Thank you.BREwmaster said:9.50 would be a double bottom, has support around 10.50.spud1910 said:
Looking at charts, there still appears to be room for ostk to fall?
UGAZ (next few months not years)Prognightmare said:tamc1956ag said:
If you had one stock to buy with 1500 dollars and expect growth inn the next few years..what would it be?
in other words ... I have that much to invest
I'd hold off for just a little bit. The markets are on shaky ground IMO. Keep your powder dry and keep accumulating cash for when your ready. Ask for a list of stocks to follow and research. I'll try to find some later but I'm in a meeting right now.
Prognightmare said:
Futures down 300, be ready for Trump to jack up tariffs tomorrow or Friday.
Agreed and even if a deal is made I expect it to be a mini-deal and the markets will selloff on the announcement.oldarmy1 said:
I'd expect continued push upward on short covering/squeeze followed by late day selling and unless something tangible manifests tomorrow an attempt to hold serve but likely selloff. Monday will be glorious or disastrous off of this.