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Started By
Message
Dow Jones closes down "ONLY" 357 points!
Posted on 2/28/20 at 3:04 pm
Posted on 2/28/20 at 3:04 pm
What a rally!!! 
PS-Hussssssssssss, you were wrong, AGAIN, about the market today.
PS-Hussssssssssss, you were wrong, AGAIN, about the market today.
4
Posted on 2/28/20 at 3:08 pm to LSURussian
I told them boys the smart money was about to move. I went from down 1K in SPY about 3 minutes before the bell to down $150
ETA: had a limit order on SPY at $287, closest I saw it get was 287.08
ETA: had a limit order on SPY at $287, closest I saw it get was 287.08
This post was edited on 2/28/20 at 3:22 pm
Posted on 2/28/20 at 3:12 pm to Thib-a-doe Tiger
I’m aggravated we recovered
I bought plenty of other names, but damn mutual funds!
I bought plenty of other names, but damn mutual funds!
Posted on 2/28/20 at 3:12 pm to Thib-a-doe Tiger
640+ swing in the last 15 mins. I was watching the entire time. Billions of cash dumped in. That was impressive.
This post was edited on 2/28/20 at 3:14 pm
Posted on 2/28/20 at 3:13 pm to TigerDeBaiter
quote:
but damn mutual funds!
Wait until retail catches on late next week. Rally cap time
Posted on 2/28/20 at 3:13 pm to Thib-a-doe Tiger
I believe you're in the brokerage business so maybe you can answer this question: why did MSFT rally to close near its high for the day, up $3.80+/share?
I don't see any news anywhere to justify it as an outlier on the DJ30.
I don't see any news anywhere to justify it as an outlier on the DJ30.
Posted on 2/28/20 at 3:14 pm to TigerDeBaiter
quote:Me too. This thing won't last, and I'll miss out yet again. Just like I did in December of 2018.
I’m aggravated we recovered
Posted on 2/28/20 at 3:15 pm to LSURussian
quote:
I believe you're in the brokerage business so maybe you can answer this question: why did MSFT rally to close near its high for the day, up $3.80+/share?
I can't explain it. But, XOM (3%+) closed positive to!
This post was edited on 2/28/20 at 3:16 pm
Posted on 2/28/20 at 3:18 pm to LSURussian
quote:
I believe you're in the brokerage business
Was, but I actually have more time to watch the market in my new role
quote:
why did MSFT rally to close near its high for the day, up $3.80+/share?
I don't see any news anywhere to justify it as an outlier on the DJ30.
Call volume suggest someone believes something is coming to get it back above 170 in 3 weeks
ETA: or r/wallstreetbets went nuts on it again
This post was edited on 2/28/20 at 3:20 pm
Posted on 2/28/20 at 3:18 pm to LSUBanker
I'm happy with my calls and I was able to double new positions on long term diviS.
HAPPY HAPPY
HAPPY HAPPY
Posted on 2/28/20 at 3:19 pm to Jjdoc
Plunge protection team has assembled!!
Posted on 2/28/20 at 3:20 pm to bayoubengals88
quote:
This thing won't last, and I'll miss out yet again
you can still get in with 10% upside baked in
Posted on 2/28/20 at 3:26 pm to Thib-a-doe Tiger
Thanks for your comments. I want to believe that MSFT is a leading indicator early in the recovery cycle. XOM, too.
Posted on 2/28/20 at 3:30 pm to Thib-a-doe Tiger
Spent some today with some juicy covered calls on positions due to volatility priced in right now. Hopefully put to use some cash on the sideline but time is the only indicator if you were too early or too late.
Posted on 2/28/20 at 3:31 pm to LSURussian
quote:
Thanks for your comments. I want to believe that MSFT is a leading indicator early in the recovery cycle. XOM, too.
If I had to guess, big money was happy to lock in gains last week/early this week, and now expand their positions, especially in blue chips
I try to get folks to realize that we (retail investors) are generally the last to have an idea of what is happening, and we just ride the waves of institutional money
This post was edited on 2/28/20 at 3:34 pm
Posted on 2/28/20 at 3:31 pm to LSURussian
Most semi-conductors finished solidly in the green today. The top 5 companies with the most China exposure are all semi-conductors. That may be another decent sign. SOXX was up 2.25% today.
Posted on 2/28/20 at 3:35 pm to Janky
quote:
Most semi-conductors finished solidly in the green today. The top 5 companies with the most China exposure are all semi-conductors. That may be another decent sign. SOXX was up 2.25% today.
This sounds complicated. I'm gonna stick with "stonks only go up"
Posted on 2/28/20 at 4:23 pm to LSURussian
The market bounced back at exactly 2:45
Posted on 2/28/20 at 4:27 pm to Janky
I don't pretend to know if there's any significance to it but every one of my stocks except for one are UP nicely in after-hours trading.
By "nicely" I mean up by about 1%, or more, since the market closed. I've never noticed that happen before.
Somebody please hold me. I'm skeered...
By "nicely" I mean up by about 1%, or more, since the market closed. I've never noticed that happen before.
Somebody please hold me. I'm skeered...
Posted on 2/28/20 at 4:42 pm to LSURussian
I'm finna be heated if I missed out on this.
Got a ton of cash we're planning for a reno, but we aren't liking the bids we've gotten so I've been trying to convince my wife to say frick the reno and dump it all in equities. That was BEFORE the 14% discount that appeared this week. I'm gonna be salty if our indecision to do the reno costs us a rare opportunity to hammer a dip
Got a ton of cash we're planning for a reno, but we aren't liking the bids we've gotten so I've been trying to convince my wife to say frick the reno and dump it all in equities. That was BEFORE the 14% discount that appeared this week. I'm gonna be salty if our indecision to do the reno costs us a rare opportunity to hammer a dip
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