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Started By
Message
Market getting slaughtered again today
Posted on 5/12/22 at 9:05 am
Posted on 5/12/22 at 9:05 am
Depressing
Posted on 5/12/22 at 9:47 am to Double Oh
Depressing? I have been making bank. I buy SPY puts every day at close and wake up with $$$$
Posted on 5/12/22 at 11:30 am to CouldCareLess
SARK has been absolute money for me. Almost up 100%. Bought in first week of April. I'll sell if it gets to $86 for a legit double-up
Posted on 5/12/22 at 11:42 am to Old Money
quote:
I buy SPY puts every day at close and wake up with $$$$
Nothing wrong with that, since it sounds like you have a consistent plan and you have a maximum defined risk. Until this downtrend peters out, I think that you’ll keep stacking chips. Bravo, playa.
Posted on 5/12/22 at 1:20 pm to LSUcam7
quote:
close green
My post aged like sour wine. Underestimating the negativity out there.
Posted on 5/12/22 at 1:25 pm to LSUcam7
quote:I read a prediciton that QQQ will find a more reasonable P/E ration at $237.
My post aged like sour wine. Underestimating the negativity out there.
Posted on 5/12/22 at 1:27 pm to bayoubengals88
I find it actually scarier that we're not getting those huge intraday swings like we've had during Covid and prior.
For the most part it is just dull pain, day in and day out.
For the most part it is just dull pain, day in and day out.
Posted on 5/12/22 at 1:44 pm to bayoubengals88
That’s near tech bubble downside for the Nasdaq
I think that’s just it. COVID sell off was worse.. yet it only lasted a few months. This has been drawn out all year. Hits the psychology worse IMO.
quote:
For the most part it is just dull pain, day in and day out.
I think that’s just it. COVID sell off was worse.. yet it only lasted a few months. This has been drawn out all year. Hits the psychology worse IMO.
This post was edited on 5/12/22 at 1:46 pm
Posted on 5/12/22 at 1:59 pm to Double Oh
This isn’t a correction anymore, time to consider it a bear market?
Posted on 5/12/22 at 2:54 pm to FlyingTiger1955
Technically, not yet. In the S&P or Dow.
S&P value only down 8.5%
S&P value only down 8.5%
Posted on 5/12/22 at 3:01 pm to LSUcam7
quote:
Will close green
Wild. Nasdaq flipped positive.
S&P nearly went green.
Small caps rallied.
Don’t pay too much attention to intraday moves right now, folks.
Posted on 5/12/22 at 3:14 pm to LSUcam7
LSUcam7
Good call, you nailed it
Good call, you nailed it
Posted on 5/12/22 at 3:16 pm to LSUcam7
quote:
S&P nearly went green.
It was definitely trying at the end…. Here’s hoping it continues tomorrow, becuase, honestly- the only way i wont go into the weekend pissed off is if we somehow rally and finish 2,000 points or greater in the green… wont be holding my breath though .
.
.
This post was edited on 5/12/22 at 4:07 pm
Posted on 5/12/22 at 6:18 pm to Double Oh
What I find interesting is that the Nasdaq and Russel rebounded while Dow and sp500 were down
Are we seeing a bottom in small cap and tech?
Are we seeing a bottom in small cap and tech?
This post was edited on 5/13/22 at 10:19 am
Posted on 5/12/22 at 6:37 pm to SlidellCajun
Growth is showing signs of short term bottom. It’s been hammered for nearly a year now
This post was edited on 5/12/22 at 6:38 pm
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