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OT: Stock trading

I hope Bitcoin goes to a dollar
I don’t care so much what Bitcoin does other than the fact that it impacts the price of other crypto. ETH is a pretty solid play in my opinion, especially because I bought more around $2350 and I think there’s more upside from here than downside
 
guy I follow on twitter thinks all this selling is about leverage and margin, not fear selling. Yet.
 
guy I follow on twitter thinks all this selling is about leverage and margin, not fear selling. Yet.
"all"? Nah, not all IMHO. Deleveraging/margin calls play a role, but other pretty obvious factors exist: inflation/interest rate increases (US, UK, EU likely to come), continuing pandemic impacts (disincentives for some people to return to work or seek work nationwide until some run out of money, current hospitalization rates still rising nationwide vs declining rates in some areas, e.g., Tri-state and MA, etc, Russia-caused instabilities, unclear mainland China instabilities, over bought US equities of all cap sizes across most sectors (less so in old energy, some financials, cyclicals), broad inexperienced trader reactions (cough, investors) and some more experienced LT investors alike, un-/underhedged investors jumping out, some institutions CYAing or capitulating, etc etc etc. Others, some nibbling. Just one broader opinion
 
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In smallish, aggressive self-managed accounts this morning, bought 1st ETH and more LINK <14 thanks to some exercised SPY and QQQ put profits. Hah, they'll probably tank more ST. ;)
Do you trade options?
 
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That was me. They've got a game changing photonic process that will allow for faster data transmission using less electricity. Anyone in a data center will tell you the "less electricity" part is huge. Those of us that have it are hoping to hear about sales. This is currently a no revenue business that is between R&D and commercialization.
Is it a buy at his time? Seems to have dropped significantl.
 
Is it a buy at his time? Seems to have dropped significantl.
Everything has dropped significantly, unfortunately. In their case, their price went too high considering they haven't announced any deals yet. I would say do the research into their product and decide. I'm not a financial mind so I wouldn't feel comfortable saying it's a buy, but I whole heartedly believe in their product and that it will eventually be a game changer for data centers.
A snip from the 2nd link below. "Our technology is applicable to shorter reach datacenter operators, for whom decreasing power consumption is imperative to the bottom line of a facility."


 
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crazy earnings season
Yeah man. Stocks that have reported are trading like crypto afterwards. Seeing things up or down 10-30% after earnings is probably unprecedented. I think trading is the way to go now, with all this volatility.
 
Buy and hold solves volatility nicely. Just have to take a deep breath on bad days and not get excited on good days. I knew I needed to buy more crypto a few weeks back but didn‘t.
 
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Another bloodbath. At least it's Friday. I feel like Uncle Vernon. It's best if the markets are just closed.

serious days of the week GIF
 
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bear market. Won’t be surprised if it drops further.

Not sure about a bear market, too early to tell, but definitely we're for a big correction. If the market gives back 10 to 15 percent of last years gains, and the Fed can tame inflation, companies have healthy balance sheets to weather the coming storn.

It's a strange environment. If the yield curve inverts, it's another story.
 
Not sure about a bear market, too early to tell, but definitely we're for a big correction. If the market gives back 10 to 15 percent of last years gains, and the Fed can tame inflation, companies have healthy balance sheets to weather the coming storn.

It's a strange environment. If the yield curve inverts, it's another story.
I don’t think it’s a bear market either, there are just too many issues at the moment between inflation and Russia. Prior to the red hot CPI number, the market looked ready to run again, buoyed by strong overall earnings. Either we just hold and close our eyes for a while or take advantage of all the volatility and make a lot trading. I know there are a lot of great buys down here, but having the remaining capital to pounce is the challenge.
 
SENS - anyone else still in this? Dropped 27% after GETTING FDA approval?

I'm in it, got stung.......it's probably been a "buy the rumor, sell the news" stock all along and today's negative Russia/Ukraine news didn't help any I'm sure.
 
I don’t think it’s a bear market either, there are just too many issues at the moment between inflation and Russia. Prior to the red hot CPI number, the market looked ready to run again, buoyed by strong overall earnings. Either we just hold and close our eyes for a while or take advantage of all the volatility and make a lot trading. I know there are a lot of great buys down here, but having the remaining capital to pounce is the challenge.

There are a lot of uncertainties, especially if the Fed doesn't act appropriately, like shrinking its balance sheet and not moving fast enough on rate hikes. There indeed some positives that you mention, I'll add sttong recent employment numbers.

If the Fed makes the right moves, the tightening might not be that bad by the end of the year.

We could be wrong and headed off a cliff. So much uncertainty is crazy, the huge daily swings are brutal for casual investors.
 
There are a lot of uncertainties, especially if the Fed doesn't act appropriately, like shrinking its balance sheet and not moving fast enough on rate hikes. There indeed some positives that you mention, I'll add sttong recent employment numbers.

If the Fed makes the right moves, the tightening might not be that bad by the end of the year.

We could be wrong and headed off a cliff. So much uncertainty is crazy, the huge daily swings are brutal for casual investors.
Right, very dangerous for the casual guys, especially those with high margin. For some of us who went through The Dot Com selloff, this isn’t easy to handle but softens the blow a bit. This time around though I think fundamentals are a lot stronger, optimistic we’ll be on solid ground by early Summer at the latest.
 
SENS - anyone else still in this? Dropped 27% after GETTING FDA approval?
Eventually, SENS finished -33% Friday contrary to approval expectations for the company's 6 month monitor. Inconveniently, the CEO's reasonable (conservative?) 2Q profit forecasts spooked some institutional and retail investors alike. However, 2Q profits are primarily or entirely dependent on SENS' pre-existing/ prior-approved 90-day monitor.

3Q-4Q, the newly US FDA approved longer-term monitor (180 days) is projected to markedly increase SENS' profit upside. Doubled up Friday when SENS hit 30% down. When/if it drops more, I plan to add more based on perceived mid- and LT upside potential.
 
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