The Investment Thread (3 Viewers)

[St. Geezy]

Can’t wait to read “Retail joined Cohen in jumping to Bed Bath and Beyond”

"Meme stock rally fueled by WallStreetBets"

 

[Saint_Ward]

Airline stocks... ouch...

 

[Turfie]

Airline stocks... ouch...

I wish I knew if it was a genuine sell pressure that did it, or if it was massive puts and shorts today.

 

[bclemms]

I wish I knew if it was a genuine sell pressure that did it, or if it was massive puts and shorts today.

It's been oil prices, longer routes due to airspace restrictions in Russia combined with overall market sell off.

I got taken to the clearners buying the dips in airlines the last two weeks. All the extra money they were going to make from travel demand the next 6-8 months is about to get destroyed by expenses from oil prices.

 

[bclemms]

Also, futures are testing 52 week lows on the SP, DOW, Nasdaq and R2k in overnight trading.

I think the next two days we see huge movement. It's either going to bounce and make a huge rally or break support levels and fill out a lot of air downward. If the SP gives up support and momentum gets going we could see circuit breakers hit. Indexes have about 10% before they see strong support below current levels.

 

[St. Geezy]

Also, futures are testing 52 week lows on the SP, DOW, Nasdaq and R2k in overnight trading.

I think the next two days we see huge movement. It's either going to bounce and make a huge rally or break support levels and fill out a lot of air downward. If the SP gives up support and momentum gets going we could see circuit breakers hit. Indexes have about 10% before they see strong support below current levels.

Yep...key moment coming up here. Either a sharp reversal or a sharp crash event is on the horizon. Signs are pointing to the latter.

 

[Turfie]

Yep...key moment coming up here. Either a sharp reversal or a sharp crash event is on the horizon. Signs are pointing to the latter.

I’m just going to keep holding and buying. Eventually things will go back up. Eventually. I think. Maybe.

 

[Turfie]

I will jump on that BBBY train next time it hits 16-17.

 

[Turfie]

Shots fired!

At the same time, 100% of my current non retirement portfolio is GameStop, and I wouldn’t mind a little more information from you sometimes about the transformation.

 

[bclemms]

Yep...key moment coming up here. Either a sharp reversal or a sharp crash event is on the horizon. Signs are pointing to the latter.

That rally was looking really strong and I thought we were about to see a week of big gains. The fact the SP gave up 104 points in the final 3 hours is not good. It did close above key support levels but only barely. This may play out over a couple of days but once it picks a direction I'm expecting huge moves.

 

[bclemms]

Futures up huge, oil and gold way down. Looks like support held and the rally is on. If it can extend through the day then stocks are finally going to have a technical headwind.

 

[Turfie]

This market is on a spring. It’s going to do something violent I think

 

[efil4stnias]

Ummm wow AmZN 20 for 1 stock split...woooow

 

[TXSAINTFAN]

Ummm wow AmZN 20 for 1 stock split...woooow

I've been wondering when this would happen. Been a long while for them.

 

[DaveXA]

I've been wondering when this would happen. Been a long while for them.

Yeah, I so want to get on the train, but I need the $ to buy a car. Meh.