Business & Investing
Sponsored by

Stock Markets

25,065,340 Views | 233826 Replies | Last: 6 min ago by FJ43
Heineken-Ashi
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:56a, 8/2/24
SMCI about to touch the daily lower Keltner band and its in the $600 range. Wait for confirmation a low is in.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
Reply Quote
1
Heineken-Ashi
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:02a, 8/2/24
SMCI, if you do jump in, keep in mind that this has formed a perfect downside setup. It won't invalidate at this point until above $774 and should it make a full 5-waves down, target would be $475-$525 on the low end.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
Reply Quote
1
FishrCoAg
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:09a, 8/2/24
AG
Thoughts on selling puts on SMCI? Right now the Aug9 495 is 9.60 bid.
Reply Quote
Heineken-Ashi
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:09a, 8/2/24


Pivot zones are outlined on the chart. The green is the important box should a bounce start. Need to get through that.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
Reply Quote
1
harge57
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:16a, 8/2/24
AG
For those holding a little bit of cash how do you start to enter and try to avoid catching a falling knife? Just stage your entry in with appropriate stops?
Reply Quote
2
Heineken-Ashi
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to harge57 • 9:18a, 8/2/24
harge57 said:
For those holding a little bit of cash how do you start to enter and try to avoid catching a falling knife? Just stage your entry in with appropriate stops?
Wait for confirmation of bottom and a non-overlapping move off of it. We are in a very short gamma regime with very high volatility. Front running a bottom right now is a death wish.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
Reply Quote
3
harge57
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Heineken-Ashi • 9:21a, 8/2/24
AG
Reply Quote
3
Heineken-Ashi
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:24a, 8/2/24
Up 800% on ZION puts. Man these ich cloud reversals really pay when they hit.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
Reply Quote
4
Aglaw97
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to harge57 • 9:27a, 8/2/24
AG
harge57 said:
For those holding a little bit of cash how do you start to enter and try to avoid catching a falling knife? Just stage your entry in with appropriate stops?
It depends on your goals and whether you are short term vs long term.
Reply Quote
2
TxAG#2011
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:28a, 8/2/24
Probably speaking too soon but Bitcoin is somehow hanging on here despite this bloodbath. Any other time in its hisotory and it would be a massacre.
Reply Quote
1
El Chupacabra
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:33a, 8/2/24
AAPL green in a sea of red.
Reply Quote
El_duderino
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:33a, 8/2/24
AMD as well for once
Reply Quote
2
harge57
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Aglaw97 • 9:38a, 8/2/24
AG
Aglaw97 said:
harge57 said:
For those holding a little bit of cash how do you start to enter and try to avoid catching a falling knife? Just stage your entry in with appropriate stops?
It depends on your goals and whether you are short term vs long term.
I am very long term (20 years). I almost never sell my positions, mostly just reallocate with limits and stops. I simply infuse new capital at a constant rate. Right now I am sitting at 20% cash in my brokerage accounts with the rest having heavy Tech exposure (MSFT, GOOG, AMZN, NVDA, SMCI, POWL, UBER), (401k just constantly maxing out and staying at 100% diversified equity).
The 20% cash is mostly new cash waiting to be deployed earning ~5% in a money market.
Reply Quote
4
2 edits
Heineken-Ashi
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:38a, 8/2/24
CLSK broke below the sideways box.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
Reply Quote
gougler08
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to El Chupacabra • 9:38a, 8/2/24
AG
El Chupacabra said:
AAPL green in a sea of red.
RKT is rocketing somehow
Reply Quote
Aglaw97
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to harge57 • 9:47a, 8/2/24
AG
harge57 said:
Aglaw97 said:
harge57 said:
For those holding a little bit of cash how do you start to enter and try to avoid catching a falling knife? Just stage your entry in with appropriate stops?
It depends on your goals and whether you are short term vs long term.
I am very long term (20 years). I almost never sell my positions, mostly just reallocate with limits and stops. I simply infuse new capital at a constant rate. Right now I am sitting at 20% cash in my brokerage accounts with the rest having heavy Tech exposure (MSFT, GOOG, AMZN, NVDA, SMCI, POWL, UBER), (401k just constantly maxing out and staying at 100% diversified equity).
The 20% cash is mostly new cash waiting to be deployed earning ~5% in a money market.
Just my $.02. Sounds like you are taking care of regular contributions to retirement without worrying about shorter market cycles. You correctly state that trying to catch a falling knife or timing a market is a dangerous game. Given your timeframe to retirement, I wouldn't worry about market cycles right now because your retirement horizon is still a ways off.

As for the cash, depends whether that's truly just gravy you want to use to take on a little more risk or diversify your overall portfolio. I'm a big believer is building your foundation and continuing to maintain that and then let excess cash be something you can 'play' with or use to explore other investment opportunities.
Reply Quote
Bob Knights Paper Hands
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:49a, 8/2/24
Once we lost the earlier lows yesterday, we were always gonna end up here.

What's crazy is knowing the Fed knew these numbers or had hints of where they'd be when they decided not to lower rates this week. I'm no economologist, but that seems like a poor choice.
Reply Quote
1
South Platte
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:52a, 8/2/24
American Tower, AMT, still rolling. That was a recommendation from OA a couple of months ago that has done really well.
Reply Quote
1
Heineken-Ashi
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:59a, 8/2/24
Market maybe trying to bounce here. Out of all short term puts. +$10k today after +$4.5k yesterday. But lose some O&G stocks to stops. Crazy two days.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
Reply Quote
Aglaw97
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Bob Knights Paper Hands • 9:59a, 8/2/24
AG
Bob Knights Paper Hands said:
Once we lost the earlier lows yesterday, we were always gonna end up here.

What's crazy is knowing the Fed knew these numbers or had hints of where they'd be when they decided not to lower rates this week. I'm no economologist, but that seems like a poor choice.
Go back and look at the policies of the 1970s that led to high inflation then stagflation. The Fed is between a rock and a hard place and has even less options to fix this. There is no good answer at this point. A 'soft landing' was always a unicorn that was extremely unlikely to be found.
Reply Quote
4
Brian Earl Spilner
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:13a, 8/2/24
AG
Up to 400 TNA.

Still got a bit of dry powder to average down some more, and also have plenty of BRK.B I can sell.

Did not expect it to get down below 38 so soon. Personally I think it's a gift at this level and think most of today is a huge overreaction, with rate cuts still on the table for September.
Reply Quote
Heineken-Ashi
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:18a, 8/2/24
Ok, Silver ticked the ideal low for a Wave 2 in the micro count. Needs to hold. Not end of world if it drops another 50 cents.

Hold here and start moving back up impulsively and the next 1-2 months could be massive.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
Reply Quote
2
M4 Benelli
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:19a, 8/2/24
Intel kid down another 27 percent. (Prob 200k)

My plan for today? Do nothing, practice stoicism.
Reply Quote
10
hedge
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:24a, 8/2/24
Would it be prudent of me to start throwing some money at VOO?
Reply Quote
El Chupacabra
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:31a, 8/2/24
40% cash...but damn, still tough to see months of gains wiped out in 2 days.

also, I hate vanguards platform.
Reply Quote
3
Petrino1
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to hedge • 10:31a, 8/2/24
hedge said:
Would it be prudent of me to start throwing some money at VOO?
The S&P is down over -6%. Now is about as good of time as any to buy.
Reply Quote
2
El Chupacabra
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to hedge • 10:32a, 8/2/24
hedge said:
Would it be prudent of me to start throwing some money at VOO?
I think the answer to that is always 'what's your timeframe?"
Reply Quote
3
Furlock Bones
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to hedge • 10:37a, 8/2/24
AG
the best way to buy VOO is on autobuys throughout the year.
Reply Quote
1
Nealthedestroyer
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:49a, 8/2/24
AG
Is Intel a buy today? Surely it would recover long hold?
Vae Victis
Reply Quote
1
I bleed maroon
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Nealthedestroyer • 10:54a, 8/2/24
AG
Nealthedestroyer said:
Is Intel a buy today? Surely it would recover long hold?
Maybe, if you want to risk changing your name from Nealthedestroyer to Wealthdestroyer.

I have owned it off and on over the years, and I just think there are better places to put your money near-term. They seem to have grown too dependent on big government-assisted home runs to work their way out of the doldrums, and competitors seem to be a lot more nimble and able to meet changing customer demand.

Just one Ag's opinion...
Reply Quote
5
El Chupacabra
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Nealthedestroyer • 10:54a, 8/2/24
Nealthedestroyer said:
Is Intel a buy today? Surely it would recover long hold?
I'm pretty bad at this game, but I'm starting a position...nibbling to start. I've bought about 15% of the position I'll end up with.

My hold timeframe is approximately 20 years if needed.
Reply Quote
WestTexasAg
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to M4 Benelli • 10:59a, 8/2/24
AG
M4 Benelli said:
Intel kid down another 27 percent. (Prob 200k)

My plan for today? Do nothing, practice stoicism.
Intel a buy at some point?


NVM. Saw some answers just above.
Reply Quote
1 edit
gggmann
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
11:09a, 8/2/24
AG
MELI up almost 10% today. That's good considering the rest of the market.
Reply Quote
EnronAg
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
11:15a, 8/2/24
AG
had a decent chunk of cash...just threw some on some buy/writes in MRNA and ARM...I know the board loves ARM long term...but thoughts on MRNA for long term??
Reply Quote
SF2004
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
11:32a, 8/2/24
AG
Some of you must ignore beer candle guy's post.

If you are investing just continue DCA.

If you are trading then you need to understand that rate cuts ARE NOT GOOD right now. That is what starts the sell off as money rushes to lock up long term yields. Watch bond yields.

Increase rates in these environments is to literally slow down growth, and most equities are for growth.

Rotation to bonds and value has just started.
Reply Quote
6
First Page Last Page
Page 6552 of 6681 ▼
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.