Here's the thing, if appl drops that low, the market is in for some real pain.This what I’m waiting on. My trade price 100.
I doubt Apple will get that low but I’ll take some in the 120-130 area plz.
That's 7% of the S&P right there...
Here's the thing, if appl drops that low, the market is in for some real pain.This what I’m waiting on. My trade price 100.
I doubt Apple will get that low but I’ll take some in the 120-130 area plz.
Apparently the open house guy Keith Roboias, after arguing with anonymous accounts in finance Twitter for the last week , when Ron cnbc fast money today talking hella shyt about being”we are profitable on a gross margin basis!!!”
I feel the opposite because with the quarter end we will see more shifts from stocks to interest beating yields instead. Markets are oversold right now so there should be the bounces here and there. Overall you have to take it day by day but the trend is very bearish imo. The flip side is that funds are sitting on a pile of cash so they'll likely do dip buying in quality names like fedex costco, etc. Managing risk and capital preservation is the most important thing for any trader.Imo everyone here should be preparing for a rally back up. I don’t think it’s going straight back to 460 on spy but I think a bottoming out will come sooner than later.
However be aware that, there will probably be bulltraps along the way so manage risk accordingly.
Also Vix is at 30+ no excuse for people not to be buying and going long in their favorite and must trusted stocks.
This what y’all want cheap stocks.
Apparently the open house guy Keith Roboias, after arguing with anonymous accounts in finance Twitter for the last week , when Ron cnbc fast money today talking hella shyt about being”we are profitable on a gross margin basis!!!”
Rabois stay popping shyt on Twitter, him and Scott Galloway be sending mad shots at each other.
Figured he wouldn't be able to shut up and be humble after all ish he was talking earlier.
Atleast Chamath fell back after racking up L's
I been eating off of ProShares inverse ETFs for the last 2 months....SQQQ today was glorious... .
Apparently the open house guy Keith Roboias, after arguing with anonymous accounts in finance Twitter for the last week , when Ron cnbc fast money today talking hella shyt about being”we are profitable on a gross margin basis!!!”