Prognightmare said:
Glad I didn't play SFIX earnings. You can'tdisappointwin earning plays at all in this type of market.
FIFY. bad earnings, stock goes down. great earnings, stock goes down.
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Last: 13 min ago by El_duderino
FIFY. bad earnings, stock goes down. great earnings, stock goes down.
can someone explain the chart McInnis posted? These companies aren't apples to apples, so I'm failing to understand what conclusion to draw for something on the left vs. right.
You don’t trade for money, you trade for freedom.
That's accurate, especially with the stocks we all favor.cjo03 said:Prognightmare said:
Glad I didn't play SFIX earnings. You can'tdisappointwin earning plays at all in this type of market.
FIFY. bad earnings, stock goes down. great earnings, stock goes down.
Ok. I can't stand the heat - back out of NIO but still made money today (besides NIO).
Prognightmare said:I think AAPL will enter this range over the next few days. I want $112 but will begin buying shares in that range.Prognightmare said:I'll take $112-115 for entryFbgTxAg said:
Ok, at this point all we can do is laugh - Can we place bets on the bottom for fruit stock? There's no F'ng way it can get below $130, right? This thing has to bounce pretty soon....
I'm calling the bottom $130. And I'm calling $170+ by the end of April.
What is driving it down that low?
Sector rotation and an overreaction to the rise of the 10 yr treasury. IMO, if you're in AAPL or other techs that were performing a month ago, now isn't the time to sell them. The stocks that benefitted from the rotation are becoming extended. The fed isn't raising rates anytime soon so I expect a rotation back into tech shortly.agdaddy04 said:Prognightmare said:I think AAPL will enter this range over the next few days. I want $112 but will begin buying shares in that range.Prognightmare said:I'll take $112-115 for entryFbgTxAg said:
Ok, at this point all we can do is laugh - Can we place bets on the bottom for fruit stock? There's no F'ng way it can get below $130, right? This thing has to bounce pretty soon....
I'm calling the bottom $130. And I'm calling $170+ by the end of April.
What is driving it down that low?
Man, work went back full time last week. Every day I think CLOV will pick up and, oops, hitting new lows.
Makes sense. Had been in it, but bought another 1000 of AAPL this morning prior to it dropping. In hindsight obviously I should've waited but just wasn't sure if there was something I should've seen to lead me to hold prior to another entry.
I don't understand airline valuations. Their balance sheets are wrecked. On it best day when fuel cost are low the planes are full and the unions aren't *****ing it's a highly competitive commodity with low margins. Good luck to y'all but the airlines seem like a **** investment right now especially with recent run up.
Prognightmare said:Sector rotation and an overreaction to the rise of the 10 yr treasury. IMO, if you're in AAPL or other techs that were performing a month ago, now isn't the time to sell them. The stocks that benefitted from the rotation are becoming extended. The fed isn't raising rates anytime soon so I expect a rotation back into tech shortly.agdaddy04 said:Prognightmare said:I think AAPL will enter this range over the next few days. I want $112 but will begin buying shares in that range.Prognightmare said:I'll take $112-115 for entryFbgTxAg said:
Ok, at this point all we can do is laugh - Can we place bets on the bottom for fruit stock? There's no F'ng way it can get below $130, right? This thing has to bounce pretty soon....
I'm calling the bottom $130. And I'm calling $170+ by the end of April.
What is driving it down that low?
Agree.
Re AAPL: I'm holding out for 110, and would want to see some deceleration in its decline. Prolly too much to ask.
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I'll start buying more at 110-112 as I have plenty.
If it were to fill the gap back to 96-100, then I'd probably make my largest buy ever.... on anything.
If it were to fill the gap back to 96-100, then I'd probably make my largest buy ever.... on anything.
cageybee77 said:
Re AAPL: I'm holding out for 110, and would want to see some deceleration in its decline. Prolly too much to ask.
Nobody knows exactly what price a stock is going print but I believe it enters the range I mentioned a few weeks ago and I'm comfortable taking positions there. We have capitulation on the nasdaq, you might get AAPL below $100. $100-$120, you'll be happy in a few months.
I think holding 3820 was important.
You don’t trade for money, you trade for freedom.
I bought 1 tranch today at $117.Prognightmare said:cageybee77 said:
Re AAPL: I'm holding out for 110, and would want to see some deceleration in its decline. Prolly too much to ask.
Nobody knows exactly what price a stock is going print but I believe it enters the range I mentioned a few weeks ago and I'm comfortable taking positions there. We have capitulation on the nasdaq, you might get AAPL below $100. $100-$120, you'll be happy in a few months.
I sold puts for another tranch at $112
If it keeps coming down, I will buy/sell puts at $105, and then again at $100
You don’t trade for money, you trade for freedom.
If I somehow end up ahead on FUBO and NIO, I might get diamonds tattooed on my hands or four leaf clovers. If not, then the word bufued.
It's painful to watch daily when you're in it, but AAPL is on sale at these levels and we'll see a lot of "SHBM" posts before Christmas.
One sure way to turn things around is for me to sell some at a loss. As soon as I do, **** will take off.
Well I sold NIO at a slight loss - I hop that heps ya.
Slight gap up tomorrow to open...followed by a little pullback then back up?$30,000 Millionaire said:
I think holding 3820 was important.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
That's more indicative that we haven't found a bottom. It would be better to open up down huge, but recover during the trading session.FJ43 said:Slight gap up tomorrow to open...followed by a little pullback then back up?$30,000 Millionaire said:
I think holding 3820 was important.
Interesting .. the QQQ and the 300 level
AAPL appears to be at key level right here
AAPL appears to be at key level right here
I hope aapl tanks this week. I'll be buying more and more the lower it gets.
$30,000 Millionaire said:
can someone explain the chart McInnis posted? These companies aren't apples to apples, so I'm failing to understand what conclusion to draw for something on the left vs. right.
Nailed it
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What is Apple's growth story the next few years? I think the roll out is more about chasing yield versus growth.
Who knows but I'm sure they have something in the pipeline. AAPL is sitting on about 300 Billion in cash and almost every mutual fund, ETF and pension plan own/buys it. I'm not looking to own this forever, but it's probably good for a 50%+ return from these levels within a year.Ragoo said:
What is Apple's growth story the next few years? I think the roll out is more about chasing yield versus growth.
The M1 chips are game changers. Maybe growing their fitness platform? EVs?
I think we'll retest the past few days lows at some point but not convinced we're headed lower yet. SPY anyway. Qs....well not so sure.Prognightmare said:That's more indicative that we haven't found a bottom. It would be better to open up down huge, but recover during the trading session.FJ43 said:Slight gap up tomorrow to open...followed by a little pullback then back up?$30,000 Millionaire said:
I think holding 3820 was important.
Just my opinion anyway.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
McInnis 03 said:$30,000 Millionaire said:
can someone explain the chart McInnis posted? These companies aren't apples to apples, so I'm failing to understand what conclusion to draw for something on the left vs. right.
Nailed it
Got out of PLTR today but still hold NIO and FUBO. Obviously, it was based on this information, me understanding it and putting it to the proper use.
Not saying you're wrong, but capitulation and fear occur more often at the end of corrections. I'd like to see more fear and retail investors swearing that they'll never buy stocks again. That's usually closer to the bottom.
what I cannot wrap my head around is all of these institutions buying AAPL yet there are more sellers willing to lower their ask to get their sell orders filled.Prognightmare said:Who knows but I'm sure they have something in the pipeline. AAPL is sitting on about 300 Billion in cash and almost every mutual fund, ETF and pension plan own/buys it. I'm not looking to own this forever, but it's probably good for a 50%+ return from these levels within a year.Ragoo said:
What is Apple's growth story the next few years? I think the roll out is more about chasing yield versus growth.
Why?
This!Prognightmare said:
Not saying you're wrong, but capitulation and fear occur more often at the end of corrections. I'd like to see more fear and retail investors swearing that they'll never buy stocks again. That's usually closer to the bottom.
I could sure use to do without the mob. Would bring some degree of TA back to this game anyway.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
we need to hit 3650 for fear. I still think this is energy for 4,400.
You don’t trade for money, you trade for freedom.
Who knows but I believe AAPL is a victim of sector rotation but their fundamentals remain strong, plus their balance sheet. Everyone wanted to own it at $140 but no one wants to buy it when it's cheap.
Bought more APPL today, will keep doing so the lower it goes!
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