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re: Stocks on your watch list

Posted on 5/1/20 at 9:04 am to
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35898 posts
Posted on 5/1/20 at 9:04 am to
Had a conversation with my brother a few weeks ago when we were discussing stocks, and it lead to me looking at how the market ended Friday for the past 8 weeks or so. What I found was that in 7 of the 8 weeks (and every week since) the market has been down, sometimes significantly at end of day Friday (just looking at up or down vs Thursday).

I know this is an oversimplification, but someone who was just buying Friday afternoon and selling Wednesday or Thursday afternoon every week would be rolling in it.

Not sure if there are any market masters who can confirm or deny my theory, but that's what it looks like.
This post was edited on 5/1/20 at 9:05 am
Posted by DawgCountry
Great State of GA
Member since Sep 2012
32474 posts
Posted on 5/1/20 at 9:07 am to
It mostly likely because of the weekend and chance for bad news to hit Friday afternoon to Monday morning...aka a lot of unknowns. That would be my guess
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35898 posts
Posted on 5/1/20 at 9:12 am to
quote:

It mostly likely because of the weekend and chance for bad news to hit Friday afternoon to Monday morning...aka a lot of unknowns. That would be my guess


That's what I was thinking too, people hedging against bad news coming out over the weekend. But patterns in the market are nice opportunities to make money...so long as they hold.

If I get bored (real bored), I'll do a more in depth analysis.
Posted by LSU Tigershark
10,000 posts
Member since Dec 2007
10568 posts
Posted on 5/1/20 at 9:26 am to
I just picked up a bunch of TUES at .50

It just had a big bounce to .80 a few days ago and I don't see why it won't happen again.


Eta: well that was a terrible call
This post was edited on 5/6/20 at 2:49 pm
Posted by Stastny
Member since Jul 2014
1077 posts
Posted on 5/1/20 at 9:32 am to
quote:

Took FET after hours


Took half the damn day to start though


Time to sell off?
Posted by hiltacular
NYC
Member since Jan 2011
20156 posts
Posted on 5/1/20 at 11:34 am to
quote:

Had a conversation with my brother a few weeks ago when we were discussing stocks, and it lead to me looking at how the market ended Friday for the past 8 weeks or so. What I found was that in 7 of the 8 weeks (and every week since) the market has been down, sometimes significantly at end of day Friday (just looking at up or down vs Thursday).


Haven't SPY calls hit just about every Friday for the last month or so with today being the exception?
Posted by reds on reds on reds
Birmingham
Member since Sep 2013
4790 posts
Posted on 5/4/20 at 11:55 am to
quote:

bleh looks like trash right now

eta: i'm a bitch and i hate myself


I'm up 31% on it today
Posted by The Egg
Houston, TX
Member since Dec 2004
83299 posts
Posted on 5/4/20 at 11:59 am to
Yep I held and still holding

Looks great now

Patience is key I guess
This post was edited on 5/4/20 at 12:00 pm
Posted by The Egg
Houston, TX
Member since Dec 2004
83299 posts
Posted on 5/4/20 at 3:15 pm to


Very nice surprise on MARK, I figured it would be only a matter of time
Posted by reds on reds on reds
Birmingham
Member since Sep 2013
4790 posts
Posted on 5/4/20 at 3:36 pm to
I'm very happy with it right now.
Posted by Jwodie
New Orleans
Member since Sep 2009
7362 posts
Posted on 5/4/20 at 6:23 pm to
CLVS may go on a run here. One to watch.
Posted by reds on reds on reds
Birmingham
Member since Sep 2013
4790 posts
Posted on 5/4/20 at 6:30 pm to
Expecting a good call tomorrow?
Posted by The Egg
Houston, TX
Member since Dec 2004
83299 posts
Posted on 5/5/20 at 8:09 am to
Took KTOV at .38 nice chunk
Posted by The Egg
Houston, TX
Member since Dec 2004
83299 posts
Posted on 5/5/20 at 8:35 am to
XSPA might get pumped here
Posted by dj30
New Orleans
Member since Feb 2006
29855 posts
Posted on 5/6/20 at 2:09 pm to
Still holding these 2?

Whats everyone else looking at these days?
Posted by The Egg
Houston, TX
Member since Dec 2004
83299 posts
Posted on 5/6/20 at 2:14 pm to
I flipped KTOV earlier but that's about it, looked at XSPA but didn't buy, so it's a no go

Holding MARK but it's kinda high now, jmo

Posted by Salamander_Wilson
Member since Jul 2015
8267 posts
Posted on 5/6/20 at 2:29 pm to
Sold enough MARK to cover my initial investment. Will ride freebies the rest of the way.
Posted by southernelite
Houston, TX
Member since Sep 2009
53561 posts
Posted on 5/6/20 at 2:33 pm to
PTON looking good headed into earnings this afternoon. I’m expecting good things.
Posted by PotatoChip
Member since May 2014
4808 posts
Posted on 5/6/20 at 5:19 pm to
TWLO, glad I picked some up before earninga today! I hope to hold this for a few years.
Posted by reds on reds on reds
Birmingham
Member since Sep 2013
4790 posts
Posted on 5/7/20 at 7:36 am to
What's everyone looking at today?
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