AriGold2.0 Posted November 2, 2020 Share Posted November 2, 2020 22 minutes ago, Boudrias said: Drops below $3000 and I buy more. Get your funds ready.. haha... Link to comment Share on other sites More sharing options...
inane Posted November 2, 2020 Share Posted November 2, 2020 1 hour ago, AriGold2.0 said: I'm very much watching Amazon to see if it breaks below 3000. It's only done it 1 time since July. Feels like not long ago I didn't buy Amazon cause I thought $1700 was too pricey Link to comment Share on other sites More sharing options...
AriGold2.0 Posted November 2, 2020 Share Posted November 2, 2020 15 minutes ago, inane said: Feels like not long ago I didn't buy Amazon cause I thought $1700 was too pricey Ahhh yes.. The good old days of 6 months ago haha Link to comment Share on other sites More sharing options...
NucksPatsFan Posted November 2, 2020 Share Posted November 2, 2020 Good bye baseball! (Very good food company) Link to comment Share on other sites More sharing options...
nuckin_futz Posted November 2, 2020 Share Posted November 2, 2020 Market is acting a little weird lately. Companies that report and disappoint get beat to death with little to no reprieve. Usually there's at least a dead cat bounce in there but that doesn't seem to be happening lately. It's odd market behavior. Some examples. FSLY drops from 130ish to 84ish on earnings and outlook. Then trades red for another 12 consecutive days down to $62. INTC drops from $54 to $49 on earnings. Then bleeds with no real bounce to sub $44. SAP drops from $150 to $120. Then bleeds in a straight line to $105. The selling looks entirely algorithmic so that would indicate hedge funds and institutions are selling. Not quite sure what to make of this but it would make me a little weary to pick up bargains. 1 1 Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted November 2, 2020 Share Posted November 2, 2020 20 minutes ago, nuckin_futz said: Market is acting a little weird lately. Companies that report and disappoint get beat to death with little to no reprieve. Usually there's at least a dead cat bounce in there but that doesn't seem to be happening lately. It's odd market behavior. Some examples. FSLY drops from 130ish to 84ish on earnings and outlook. Then trades red for another 12 consecutive days down to $62. INTC drops from $54 to $49 on earnings. Then bleeds with no real bounce to sub $44. SAP drops from $150 to $120. Then bleeds in a straight line to $105. The selling looks entirely algorithmic so that would indicate hedge funds and institutions are selling. Not quite sure what to make of this but it would make me a little weary to pick up bargains. Intel is losing the fight vs AMD and Nvidia.. They are getting hammered but maybe a little bit disproportionately. That chart looks dreadful. SAP is nearing March lows as well. This is going to be a very interesting week.. there is some big red to come imo. I think major players are also protecting profits going into the uncertainty of what this election is going to hold + the rising virus cases. Link to comment Share on other sites More sharing options...
skolozsy2 Posted November 2, 2020 Share Posted November 2, 2020 27 minutes ago, I.Am.Ironman said: Intel is losing the fight vs AMD and Nvidia.. They are getting hammered but maybe a little bit disproportionately. That chart looks dreadful. SAP is nearing March lows as well. This is going to be a very interesting week.. there is some big red to come imo. I think major players are also protecting profits going into the uncertainty of what this election is going to hold + the rising virus cases. AMD hasn't been doing to well either ever since the Xlinix deal. Link to comment Share on other sites More sharing options...
Boudrias Posted November 2, 2020 Share Posted November 2, 2020 3 hours ago, AriGold2.0 said: Get your funds ready.. haha... Done! Also added to my RTX. Link to comment Share on other sites More sharing options...
NucksPatsFan Posted November 2, 2020 Share Posted November 2, 2020 Gonna hop in a 329 expiration today put on the SPY I don't think it breaks 330 .. filled at 52 cents Link to comment Share on other sites More sharing options...
NucksPatsFan Posted November 2, 2020 Share Posted November 2, 2020 Sold at 68 cents on the rejection. Now I can go buy lunch yay. lol Link to comment Share on other sites More sharing options...
NucksPatsFan Posted November 2, 2020 Share Posted November 2, 2020 The SPY is legit gonna open at 335 tomorrow isn't it? Wow lol Link to comment Share on other sites More sharing options...
filthycanuck Posted November 3, 2020 Share Posted November 3, 2020 16 hours ago, NucksPatsFan said: Good bye baseball! (Very good food company) yeah its sky rocketing right now but i think it may be too fast. I still think its a good company for long term. Even just getting a few hundred long term, with all the stuff the growth happening, i think theres money to be made. Like you said, profit is profit right? Im waiting for a drop and planning to buy a few more to just play around and sell on really high jumps Link to comment Share on other sites More sharing options...
NucksPatsFan Posted November 3, 2020 Share Posted November 3, 2020 Look at the spy go. 336 and then going to go for 337. Election? What election? What’s a corona? Virus? No, no that’s a beer isn’t it? Link to comment Share on other sites More sharing options...
AriGold2.0 Posted November 3, 2020 Share Posted November 3, 2020 Never expected this day on election day. Made an entry into IPOB and WKHS Link to comment Share on other sites More sharing options...
NucksPatsFan Posted November 3, 2020 Share Posted November 3, 2020 1 minute ago, AriGold2.0 said: Never expected this day on election day. Made an entry into IPOB and WKHS Me neither. Im now hoping for a very contested and ugly election because I missed on some dirt cheap entries on Friday thinking this week would be worse and now I regret it lol. Link to comment Share on other sites More sharing options...
themcdeal Posted November 3, 2020 Share Posted November 3, 2020 get your VIX ready for end of need week Link to comment Share on other sites More sharing options...
24K PureCool Posted November 3, 2020 Share Posted November 3, 2020 Damn, what is happening. I was expecting it to tank today. Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted November 3, 2020 Share Posted November 3, 2020 Well if Biden wins tonight, as he is expected to, there is probably a pull back tomorrow. Any unrest or contention will probably exacerbate this. But at this point who really knows. Link to comment Share on other sites More sharing options...
nuckin_futz Posted November 3, 2020 Share Posted November 3, 2020 China suspends $34.5B Ant Group IPO in shocking move Tue 3 Nov 2020 14:03:29 GMT What is going on here? Ant Group's $34.5B IPO would have been a world record but it was suspended in Shanghai and Hong Kong today. Top executives were summoned on Monday and that meeting was cited as a reason to halt the IPO, which reportedly had at least $3 trillion in orders. "Your company has also reported significant issues such as the changes in financial technology regulatory environment. These issues may result in your company not meeting the conditions for listing or meeting the information disclosure requirements," a statement from the Shanghai Exchange said. The market has not taken kindly to this news. Alibaba Group owns about a third of Ant and it fell 8% in US premarket trading. Company controller Jack Ma recent criticized domestic and global regulators for stifling innovation in financial services. Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted November 3, 2020 Share Posted November 3, 2020 35 minutes ago, nuckin_futz said: China suspends $34.5B Ant Group IPO in shocking move Tue 3 Nov 2020 14:03:29 GMT What is going on here? Ant Group's $34.5B IPO would have been a world record but it was suspended in Shanghai and Hong Kong today. Top executives were summoned on Monday and that meeting was cited as a reason to halt the IPO, which reportedly had at least $3 trillion in orders. "Your company has also reported significant issues such as the changes in financial technology regulatory environment. These issues may result in your company not meeting the conditions for listing or meeting the information disclosure requirements," a statement from the Shanghai Exchange said. The market has not taken kindly to this news. Alibaba Group owns about a third of Ant and it fell 8% in US premarket trading. Company controller Jack Ma recent criticized domestic and global regulators for stifling innovation in financial services. So CCP nixed it? That IPO was highly anticipated.. I'm not very familiar with Ma's criticism. Link to comment Share on other sites More sharing options...
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now