Boiler Room: The Official Stock Market Discussion

FreshFromATL

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Halarious that TLRY saw 5 days of good accumulation and then today congress sends their first cannibis bill for biden, someone always knows,

Just look at the price action and volume today. Something is definitely coming but they will not let that joint run until banks/politicians/etc can buy in.
 

247Alex

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damn intuitive missed by a smidge and got smacked.
pe is still kinda high
but last qtr wasnt the best either
increased their buy back allocation tho
 

Serious

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Snap getting murdered is also dragging down Google pretty fukkin hard :beli:
The guidance was bad from what I've looked into, which is potentially a sign of things to come.

There's a lot of big shyt popping next week though.
We should know about a rate hike next week.
The PCE drop next Friday

At least big tech reports next week, so we can get it out of the way.

FXuBZfrVEAEQ1Oe


Alas I think there's still some potential to rally again.

I know a few people I follow are saying there's a good chance that if SPY doesnt clear 405, with heavy volume, then it'll scale back down to 360....

I'm hedged either way. I got my trades going on both sides of the market. With a surplus of cash to deploy in either direction.


With that said, I'm not a financial advisor and I'm usually wrong. :hubie:
 

chineebai

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buyers had momentum and they lost it today. Poor showing. Remember things are still bearish. Next week is FOMC so market makers are probably hesistant to take new long positions. We could see profit taking going into next week. The higher probability is that things start to go lower whether in a choppy way or quick way. But then again, anything can happen, just manage your risks.
 
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