Boiler Room: The Official Stock Market Discussion

[Serious]

One of my favorite things to do is read old discussion in this thread. I saw someone discussing NVDA back in 2016 or tsla back whenever. Wonder if they sold . I want the same in the future...5-10 years down the line. I hope I can do the same with $sofi $nu and more .

There's people who were buying tesla and Netflix 10 years ago

 

[Rickdogg44]

This $MANU news / fake news is pissing me off lol

 

[Forsaken]

Congrats to the NVDA stock holders

 

[Serious]

@Rickdogg44 keep waiting for that perfect moment

 

[Kuro]

Hasnt nvda revenue jumped 100% every year since 2020? Companies have been eating real good since the pandemic. I wonder if ceos doing the birdman at the thought of another pandemic

 

[chineebai]

This is quite a fade. This has been the same selling after a rally for the past week or so. Personally I would look at QQQ and anything below 364 means we have a higher probability of more selling. Currently support at 50dma at 365. Tomorrow I bet Powell will talk about higher rates, sending the market more into the red. Just my prediction.

The moves in bonds over the last few weeks indicated that a higher market was difficult to sustain especially in tech where a rising rates environment is not conducive to what tech has traditionally enjoyed with growth. It could get painful. Just my opinion!

 

[The Fukin Prophecy]

Blood bath incoming...

Better have that exit strat ready...

 

[Serious]

Dollar Tree sighting trouble

• Dollar Tree beat Wall Street’s fiscal second-quarter earnings and revenue expectations.
• The discounter joins a growing group of retailers catering to consumers who have become more price-sensitive and selective about spending
• Its shares dropped as the discounter said consumers are spending mostly on food and essentials.
• customers’ shopping patterns reflect a tougher economic backdrop and a reversion to pre-pandemic spending habits.
• saw a nearly 10% jump in traffic, but the average amount spent by customers who visited the stores dropped by 1.6%
• The company raised its sales outlook but narrowed its profit guidance.

• Dollar Tree's shares sink, as CEO says 'challenging' economy is pressuring discounter

 

[chineebai]

nvda is really disapointting because it cant even hold the psychological level of 500, also to note divergent

 

[chineebai]

waiting for amd to go below 100 before shorting, just my opinion

 

[Serious]

nvda is really disapointting because it cant even hold the psychological level of 500, also to note divergent

I noticed that yesterday. The way NVDA was hyped you would have Thot it jumped 10% post earnings.

Can’t tell if it’s the bearish sentiment from the Jackson Hole or something else.

Either way I figured the gravy train wouldn’t last more than a day.

 

[Doomsday]

I'm steady eating off of PRAX.

Quiet money.

 

[Domingo Halliburton]

It may sound cliche but - What was your plan when you bought it?

It was hot and I could tell they'd have a blowout quarter....reading financial/economic/wall st. news everyday

Don't get me wrong, everything was saying it's overvalued and overbought but there was too much hype....you could just see the momentum you know what I mean.

I bought last week when it was 430 something

If I had done it correctly I probably should have sold out of it this morning at the opening at 500 something. And then buy back in. I think it's still going to go up

 

[Domingo Halliburton]

Do not take me as some financial advisor. Savings accounts are now yielding close to 5%

If you don't want to take risk then invest on that for guaranteed returns

While I have worked for investment banks and similar firms I am actually more in real estate and insurance now. I wish I could follow stocks and bonds like I used to.


Still you could have made 15% on PRAX in a couple days if you would have listened to me

 

[Reality]

This is quite a fade. This has been the same selling after a rally for the past week or so. Personally I would look at QQQ and anything below 364 means we have a higher probability of more selling. Currently support at 50dma at 365. Tomorrow I bet Powell will talk about higher rates, sending the market more into the red. Just my prediction.

The moves in bonds over the last few weeks indicated that a higher market was difficult to sustain especially in tech where a rising rates environment is not conducive to what tech has traditionally enjoyed with growth. It could get painful. Just my opinion!

You mean treasury bonds? I understand what you mean in looking at treasury yields. But if you're talking corporate bonds, interested in hearing your thinking.