Just looking. Numbers looked good.
Guessing good news = bad news?
Guessing good news = bad news?
$30,000 Millionaire said:
Just looking. Numbers looked good.
Guessing good news = bad news?
I don't think so. It could, I just don't think soSpoony Love said:
I'm guessing we see 362 today with the way selling is going currently. That would be a good stop then reverse to 365-366 to end the day red.
I think that the reoccurring Fed pivot thesis is nonsense so I'm kind of enjoying today. I get it, people are getting desperate to see their portfolios turn around but this is going to take time, something that the QE generation is not used to dealing with.Bob Knights Liver said:
Yep. I'm not sure how much of the recent rally was Fed pivot hopes, but I guess we're going to find out shortly.
Yep, Fed is the market mover. Good jobs = more room for rate hikes. They'll keep going until something breaks.$30,000 Millionaire said:
Just looking. Numbers looked good.
Guessing good news = bad news?
Target?$30,000 Millionaire said:
I also bought 1,000 UPRO here.
My stop is 29.9. Risking $370
CC09LawAg said:
Not trying to humblebrag - my XOM play is up by X00%.
I've never rode the lightning before. For you more experienced guys - I keep moving my stop up to sell enough shares to break even, but am letting the rest ride. If I see a big negative day I plan on setting a fairly loose stop for the remainder of the shares so I can at least lock a big chunk of the profits.
How do you all normally play this situation? I am trying to not be greedy but I don't see any reason to start trimming or eject yet. I want to make sure I am not missing something obvious.