Boiler Room: The Official Stock Market Discussion

Serious

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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

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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.
 

Serious

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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
 
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