Boiler Room: The Official Stock Market Discussion

[Serious]

lots of growth names getting short term squeezes as algorithms react to weekly opex. Good time to hold cash imo.

I’m about 50% cash right now.

Still waiting for the next really red day, but also interested in the CPI numbers coming in a couple weeks.


As and if I see deals I won’t hesitate to pull the trigger.

 

[chineebai]

SPY with a bear flag with 380 as resistance, something to keep in mind in case of short squeezes. YOu'll see some of the biggest short squeezes in bear markets. This is why it's hard to trade in this market, you can't hold anything for too long.

 

[chineebai]

NET from green to red, nice little bear pattern confirmation if it can go below 41.30 and close there.

 

[Rickdogg44]

so glad i got out of Kohl's oh my god

I was wheeling it...

Now I'm holding the bag

 

[chineebai]

SE is already in a bear pattern and it tried to go above 70 but so far failed.

 

[chineebai]

meta below 158 is a good short set up if it can stay there. Next would be 148 then 142. I wouldnt make any moves today as it is opex and upcoming long weekend. jmo.

 

[Serious]

All ark stocks are green today but I’m looking at growth stocks on my watchlist and they’re basically all red

 

[Rickdogg44]

Did a quick scalp on Tesla. Sold $700c (naked ). I may just try to scalp in this market.

 

[chineebai]

i like dawn above 18.30.

really trying to get there, tried once today, rejected, trying again.

 

[chineebai]

There's a rule in futures that it usually takes a few days to follow through after a sell signal. Being patient and waiting for more downside to short. Jmo. Looking at aapl to fall first.

consistent sell signals.

 

[Serious]

Google consolidating is a good thing. In order for spy to drop.

We’re going need to see Appl, Microsoft, Tesla and google consolidate a lot more.

Reminder stock split is right after CPI news on July 15th.

So make moves accordingly

 

[chineebai]

AMLX trying hard to break out that wedge consolidation. One of the bio names I like. Bios are always riskier.

 

[chineebai]

DXY broke out a nice bullish wedge for those that invest in currency.

 

[chineebai]

Aapl level to pay attention to 136.25. I like puts below that. Again it's opex so it's not the best time to do that. Just my opinion. Always manage risk.

 

[humminbird]