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Message
re: Talk about a market turn around!
Posted on 4/4/24 at 4:18 pm to BourbonDad
Posted on 4/4/24 at 4:18 pm to BourbonDad
Don’t be soft. Mods aren’t picking on you there’s just a zero tolerance for 3rd party links like that to try and avoid promotions for self gain.
Keep posting; it’s clear you view the markets from an interesting standpoint. Whether you’re right or wrong, I haven’t a fricking clue.
Keep posting; it’s clear you view the markets from an interesting standpoint. Whether you’re right or wrong, I haven’t a fricking clue.
0
Posted on 4/4/24 at 4:42 pm to BourbonDad
Expecting more pull back?
Posted on 4/4/24 at 4:44 pm to BourbonDad
quote:
news doesn't matter
News is usually expected by at least some people and thus priced in. You need something out of left field to shake up the market.
Posted on 4/4/24 at 4:54 pm to Bestbank Tiger
So ...is the Market six months ahead or prone to daily happenings? True...both!
Posted on 4/4/24 at 5:08 pm to BourbonDad
quote:We'll try to manage.
Apparently listing my substack (without a link) twice in the span of a month or more is “promoting” it. Peace out, this board can figure it out on your own from now on.
Posted on 4/4/24 at 5:42 pm to BourbonDad
quote:
BourbonDad
They don’t believe you but will eat up the “market sells off because of random data point tomorrow headlines”
Posted on 4/4/24 at 10:06 pm to BourbonDad
quote:
Longer term call buying never came in post March opex. Nothing but 0dte and dealers had a MASSIVE bag of long hedge. Now they're caught short puts and the only way to hedge it is to short the market lower. Gamma squeeze works both ways.
Listen to this guy. He knows what he’s talking about. He chose SOXS as his stock pick of the year in January and is only down 39.5% YTD.
LINK
Also called a collapse in early March around 3/15 quarterly options expirations and short term lending program ending and which has come and gone with ATHs on 3/28.
LINK
Congrats on that substack though. Everyone should be allowed to make a buck.
This post was edited on 4/4/24 at 10:16 pm
Posted on 4/4/24 at 10:10 pm to BCreed1
quote:
Concerns over jobs report tomorrow per CNBC. So they locked in their profits.
Little of this, little of Kashkari saying “maybe no rate hikes this year”, a little ww3 taunting by bidens morons, and oil soaring. Basically take your pick. Fear is suddenly high.
Posted on 4/4/24 at 10:14 pm to Jjdoc
quote:
My uvxy and Sqqq started screaming!
Congrats jjdoc. You’re only down 84% and 63% over the last year.
Yall crack me up. 3% pullback and all of a sudden you were short on Friday at the close and didn’t tell anyone. Nice.
Posted on 4/4/24 at 11:06 pm to BCreed1
The market was up over 10% YTD today and ended up dropping 1.2%, since November up 21%. We dropped 1.2% and are still up over 8% YTD. People are freaking out about a 1.2% drop. If you are active in investing/trading you should've started to be cautious with a bunch of junk rallying and other signs of caution. We are now 3 days in a row closing under the 8ma and the first close under the 21ma since Jan. Expecting more pullback. Normal cycle of markets. we were not going straight up all year.
ETA Tax day is near and people are likely dumping to cover tax bills, once the market started diving it is the snowball effect. People are thinking time to take profits and wait for this to flush out
ETA Tax day is near and people are likely dumping to cover tax bills, once the market started diving it is the snowball effect. People are thinking time to take profits and wait for this to flush out
This post was edited on 4/4/24 at 11:13 pm
Posted on 4/5/24 at 1:04 am to slackster
quote:
Congrats jjdoc. You’re only down 84% and 63% over the last year
I had no idea I owned those for the past year. I could have sworn I had just purchased those! I could have sworn I'm up over 18%.
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