Stock Market (16 Viewers)

OP
AFL_ITALIA

AFL_ITALIA

MAGISTERIAL
Jun 17, 2011
31,834
  • Thread Starter
  • Thread Starter #1,127
    It's going to be all over the place I think, all dependent on news and Fed. Horrible to trade.

    I think I'm going to risk some g's in PLTR long-term calls. Maybe 15 of June 15 dollars which are going for 69 cents.
    You don't think rate hikes will cause more issues?
     
    OP
    AFL_ITALIA

    AFL_ITALIA

    MAGISTERIAL
    Jun 17, 2011
    31,834
  • Thread Starter
  • Thread Starter #1,129
    OXY and CSX trying their best to carry my portfolio on their backs, but there isn't close to enough of them.

    I know only pain.
     
    Last edited:

    campionesidd

    Senior Member
    Mar 16, 2013
    16,907
    You see it ending soon? I'm hesitant to throw in more money still.
    I’m gonna ride it all the way down.
    The ride up will be so much more worth it. It doesn’t feel like it when when you’re in the middle of one of them, but bear markets are the best way to make money in the market in the long term.
    I wouldn’t invest in speculative tech though. Mostly VOO, F, Disck. Maybe a little in BRK and PEP.
     

    Bjerknes

    "Top Economist"
    Mar 16, 2004
    116,277
    We are right at daily support on /ES currently. If it holds here it might double bottom, if not I think it might fill that small gap around 4000 (since all gaps are filled 99% of the time).

    With oil and wheat going parabolic, equities being stagnant, housing prices still out of control, and maybe some European bank failures incoming because of bad Russia debts, I'm getting serious 2008 vibes here. I just wonder what sort of defaults we're going to see across Europe and if people are going to start defaulting on mortgages here because it costs them $300 a week to fill up their gas tanks.

    All of this spells trouble IMO, so also curious if Fed ends up pulling a 180.
     
    OP
    AFL_ITALIA

    AFL_ITALIA

    MAGISTERIAL
    Jun 17, 2011
    31,834
  • Thread Starter
  • Thread Starter #1,139
    We are right at daily support on /ES currently. If it holds here it might double bottom, if not I think it might fill that small gap around 4000 (since all gaps are filled 99% of the time).

    With oil and wheat going parabolic, equities being stagnant, housing prices still out of control, and maybe some European bank failures incoming because of bad Russia debts, I'm getting serious 2008 vibes here. I just wonder what sort of defaults we're going to see across Europe and if people are going to start defaulting on mortgages here because it costs them $300 a week to fill up their gas tanks.

    All of this spells trouble IMO, so also curious if Fed ends up pulling a 180.
    Surely they can't at this point with inflation what it is. Have to fight the current scenario vs the hypothetical I would imagine.
     

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