The futures opening could be worse.
Stock Markets
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Last: 5 hrs ago by Heineken-Ashi
Just opened where spy traded down to AH Friday,
But DOW futures lost the critical 34000 support line. Get your popcorn ready.
Around 33630 is the bigger area to watch on that.
It is Sunday night and the market is closed tomorrow. Chill.
Yep, futures are meaningless right now especially since we can't trade until Tuesday but damn they took a huge **** right out of the gates.
BaylorSpineGuy said:
But DOW futures lost the critical 34000 support line. Get your popcorn ready.
Seems too easy if the markets just follow the H&S that everyone can see. Normally when everyone is bearish it goes the other way (full scale invasion withstanding)
BaylorSpineGuy said:
But DOW futures lost the critical 34000 support line. Get your popcorn ready.
33000 and then boom boom up
Sure….but the whole idea of a H&S pattern is a function of fear and greed in the market in general. Certainly it can rally but all these prices are a function of buyers and sellers. Increasing spread on the B-A only leaves more doubt for the buyers.
It seems hardly anyone is talking about it anyway. Fear index isn't that high as we saw last week that someone posted. It needs to forcefully recapture 34,000 or I think the trend formally changes.
We will all look back and "the top of the market/bull run" was $3T AAPL.
It seems hardly anyone is talking about it anyway. Fear index isn't that high as we saw last week that someone posted. It needs to forcefully recapture 34,000 or I think the trend formally changes.
We will all look back and "the top of the market/bull run" was $3T AAPL.
Just trade futures. Kidding sort of, but I love trading futures.
BaylorSpineGuy said:
Sure….but the whole idea of a H&S pattern is a function of fear and greed in the market in general. Certainly it can rally but all these prices are a function of buyers and sellers. Increasing spread on the B-A only leaves more doubt for the buyers.
It seems hardly anyone is talking about it anyway. Fear index isn't that high as we saw last week that someone posted. It needs to forcefully recapture 34,000 or I think the trend formally changes.
We will all look back and "the top of the market/bull run" was $3T AAPL.
I'm also bearish as I think all of the global unrest + Covid money is finally coming home to roost and I'm only looking at long positions right now, but I also have thought this many times over past 2 years and we just ripped instead so what do I know
Substitute Diet Coke for your Vivarin and that's me. No coffee unless it is freezing cold, and then it's just to warm me up a bit. I take my caffeine cold.ProgN said:
I'm weird I guess because I don't really like coffee and maybe have like 3 cups in a year. I do take a Vivarin when my alarm goes off every morning but I don't like drinking hot liquids except for soups.
Yeah….the last time I felt like this was Oct 3…..a massive rip then took off and a new high was reached by month's end.
I think it plays out differently this time. The last three giants still standing broke their support lines on Friday: AAPL, MSFT, and TSLA. Once these go down, it'll bring the rest with them.
Seems AMAT, MCD, HON and a few others have only mildly corrected, so I bet we get more excitement this week.
Did everyone see news that Credit Suisse has held over $100B worth of investments and cash across 18,000 accounts from some of the more nefarious characters this world has to offer.
Wonder if we find out more exciting stuff. They got rocked by Hwang hardly a year ago.
I think it plays out differently this time. The last three giants still standing broke their support lines on Friday: AAPL, MSFT, and TSLA. Once these go down, it'll bring the rest with them.
Seems AMAT, MCD, HON and a few others have only mildly corrected, so I bet we get more excitement this week.
Did everyone see news that Credit Suisse has held over $100B worth of investments and cash across 18,000 accounts from some of the more nefarious characters this world has to offer.
Wonder if we find out more exciting stuff. They got rocked by Hwang hardly a year ago.
Times like this technicals go out the window. There's too much uncertainty and too many variables. Look back at 9/11, Lehman's implosion, Covid and now, there isn't support, resistance, H&S, RSI, oversold, falling wedge, bear/bull flag, animal sacrifice, Jobu, banging a slump buster, etc. The market is trading on emotion and doubt. I'm a huge proponent of technical analysis but it really is useless in times like this. The bright side is that fear will lead to capitulation and that will let us know we're close to the bottom.
Also, if that lying crying ******** Bill Ackman goes on CNBC and says to sell everything, then that definitely means the bottom is in. I can't stand that lying dick.
Also, if that lying crying ******** Bill Ackman goes on CNBC and says to sell everything, then that definitely means the bottom is in. I can't stand that lying dick.
I have a bottle of vivarin in my nightstand and a glass of water. When my alarm goes off I hit snooze and take a pill. I'm ready to get up when it goes off again. It's worked for me for years. I do like Diet Coke though.KT 90 said:Substitute Diet Coke for your Vivarin and that's me. No coffee unless it is freezing cold, and then it's just to warm me up a bit. I take my caffeine cold.ProgN said:
I'm weird I guess because I don't really like coffee and maybe have like 3 cups in a year. I do take a Vivarin when my alarm goes off every morning but I don't like drinking hot liquids except for soups.
Technical patterns are just setups and have to confirm with volume to be valid.
I wouldn't worry about the low volume action right now. I won't be surprised to see a dip into the 4200s overnight and for us to be right back at Friday close by the morning.
I wouldn't worry about the low volume action right now. I won't be surprised to see a dip into the 4200s overnight and for us to be right back at Friday close by the morning.
The nice language I use for this is that the market is in price discovery. I think that's true. I think sentiment net leans bearish right now. That itself tells me there is likely to be a retracement above here before a hard plunge.
So I'm looking at ideas and I came across $SKLZ. Obviously it can go lower but it's darn close to zero now. Thinking of picking some up and just seeing what happens. Earnings is this week, so we could see another 20-30% shock in either direction.
I agree with this and the market over corrects so targeting the bigs at a big discount is my primary focus.$30,000 Millionaire said:
The nice language I use for this is that the market is in price discovery. I think that's true. I think sentiment net leans bearish right now. That itself tells me there is likely to be a retracement above here before a hard plunge.
Based off GOOG, AMZN and TTD earnings, I'm looking to buy a chunk of MGNI. They report earnings Wednesday and I think they'll be solid and I don't see that much downside risk at it's current price but if the market pukes Tuesday morning then I'll definitely take advantage of it. It's now a cheap stock with YUGE upside potential.$30,000 Millionaire said:
So I'm looking at ideas and I came across $SKLZ. Obviously it can go lower but it's darn close to zero now. Thinking of picking some up and just seeing what happens. Earnings is this week, so we could see another 20-30% shock in either direction.
PALL, a palladium ETF, could breakout if the Ukraine-Russia fallout deteriorates further.
Worth keeping an eye on. GLD has also broken out and gold is over $1900/oz now. Mancini is bullish on gold if the breakout holds this week. He's made several Twitter posts about it this week.
Worth keeping an eye on. GLD has also broken out and gold is over $1900/oz now. Mancini is bullish on gold if the breakout holds this week. He's made several Twitter posts about it this week.
Japan's Nikkei 225 drops 2% as investors continue watching Ukraine crisis
https://www.cnbc.com/2022/02/21/asia-markets-russia-ukraine-tensions-china-loan-prime-rate-currencies-oil.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
I like Mondays more than Fridays because of the market. I really don't like a holiday Monday when chaos is everywhere.
https://www.cnbc.com/2022/02/21/asia-markets-russia-ukraine-tensions-china-loan-prime-rate-currencies-oil.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
I like Mondays more than Fridays because of the market. I really don't like a holiday Monday when chaos is everywhere.
Futures blasting green all of a sudden
Wait, vivarin is just a caffeine pill with some branding and an upcharge? Why can't I ever think of these basic product ideas to slap some fancy marketing around and make some easy money to dump into WWR.
JUST IN:
— unusual_whales (@unusual_whales) February 21, 2022
Biden and Putin agree to meeting organized by Macron, to be held if Russia does not invade Ukraine.
Holy *****.. that green boner on the 5min...
P.S. I am a real degen for watching futures when our markets are closed tomorrow
P.S. I am a real degen for watching futures when our markets are closed tomorrow
Yes, and I just buy the generic HEB brand because it's the same *****tlepoC said:
Wait, vivarin is just a caffeine pill with some branding and an upcharge? Why can't I ever think of these basic product ideas to slap some fancy marketing around and make some easy money to dump into WWR.
[url=https://ibb.co/cJd92mv]
[/url]
[/url] SF2004 said:
Holy *****.. that green boner on the 5min...
P.S. I am a real degen for watching futures when our markets are closed tomorrow
Watching futures is how I follow the potential war. The markets will let me know before the media.
Just a graphical representation of what I posted a couple of weeks back - the liquidity in ES futures is the lowest since Covid crash.
It was interesting watching ROKU and SHOP Thursday. They were bidless.
It was interesting watching ROKU and SHOP Thursday. They were bidless.
Bob Knights Paper Hands
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With very low liquidity, if we get big selling, it quick drop quickly, right? However, if we get big buying pressure would it also tend to jump quickly?
Dan Scott said:JUST IN:
— unusual_whales (@unusual_whales) February 21, 2022
Biden and Putin agree to meeting organized by Macron, to be held if Russia does not invade Ukraine.
I still think this is going to end up being a whole bunch of nothing and the Donbas region will just become independent / part of Russia and we all move on with life
Bob Knights Paper Hands
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Dan Scott said:JUST IN:
— unusual_whales (@unusual_whales) February 21, 2022
Biden and Putin agree to meeting organized by Macron, to be held if Russia does not invade Ukraine.
Who saw this coming? The unbiased US media as well as Biden continued to constantly stoke the Russia invasion story. Now Biden will fly in and magically save the day? Give me a break. I may have been born at night, but I wasn't born last night.
I realize this was a political ****-post and not market related, but I couldn't help myself.
Bob Knights Liver said:Dan Scott said:JUST IN:
— unusual_whales (@unusual_whales) February 21, 2022
Biden and Putin agree to meeting organized by Macron, to be held if Russia does not invade Ukraine.
Who saw this coming? The unbiased US media as well as Biden continued to constantly stoke the Russia invasion story. Now Biden will fly in and magically save the day? Give me a break. I may have been born at night, but I wasn't born last night.
I realize this was a political ****-post and not market related, but I couldn't help myself.
It's definitely market related as the constant stoking of this fire from our leadership is pressuring markets down
Yes, ostensibly that's correct. But low liquidity tends to lean towards the downside.
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