Boiler Room: The Official Stock Market Discussion

Serious

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1st Round Playoff Exits
Word. I've got 15k just sitting in my Schwab brokerage. I had it ready because I was expecting to finish out the week in the red. Wanted to load up on TSLA and then it ran up.
Should have copped Thursday.

Thursday mornings are usually red, we might get a weekend sell off, before 5pm, pst.
 

funkee

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thats my preferred day of the week for weekly contributions in M1 Finance but by the time my transfers go through the market is already green :francis:

just put money in there early, it doesn't auto-invest unless you have it set that way. do a transfer request either on a friday or on a monday. when the money hits your account, you can choose to invest in on thursday or any day you want when you see shyt go red. that's what i've been doing weekly sending on average $500-1000 and then when shyt goes red is when i trigger it to go ahead and invest.
 

mannyrs13

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Hopefully this momentum keeps going into next week. My IRA needs to recover from this horrible month. I've lost like 5 grand this month on it and money issues plus no stimulus got me unable to load up on any dips. Hopefully things get back to normal soon and I can buy some more and catch another decent run up. Hopefully I recover that 5k by Halloween atleast.
 

Starski

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King dollar and bonds didn’t buy the news today :sas1:

last time equities, dollar, & bonds were up w/ gold and silver down?
:sas2:
 

Ohene

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This honestly could have just been a lot of stocks bouncing off being oversold prior to the next leg down.

I'm only looking from a technical standpoint because fundamentals haven't changed
Thing is stocks aren’t technically over sold yet. Not on any time frame
 

Starski

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This is actually more interesting than I though :ohhh:

if I switch the parameters to (SPY / DXY / TLT - 10 year bond etf) close on Day 2 > close Day 1

mans Gold and silver futures day 1 close > day 2 close

we get....
Sept 2nd (the top)
June 15th (the bottom on the June crash)
March 4th (top of the rally heading into massive sell off).

My thesis is still the same, I’ve come to realize everything that is happening post Covid is tied to the dollar.

still calling a deflationary bust where people move away from risk assets and into safe heavens (not gold or silver) but bonds... dollars and real assets.

highkey been right so far since original post in this thread :yeshrug:

but fukk it.... Tesla calls.
 
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