the Q
Yowie Wowie. We’re gonna have so much fun here
- Joined
- Mar 28, 2017
- Messages
- 7,019
- Reaction Score
- 11,234
I added some more ETH to my crypto portfolio…hoping this is near the bottom.
I hope Bitcoin goes to a dollar
I added some more ETH to my crypto portfolio…hoping this is near the bottom.
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 downsideI hope Bitcoin goes to a dollar
"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 opinionguy I follow on twitter thinks all this selling is about leverage and margin, not fear selling. Yet.
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.I added some more ETH to my crypto portfolio…hoping this is near the bottom.

Do you trade options?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.![]()
Is it a buy at his time? Seems to have dropped significantl.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.
Trading, heck no! Far from it, know my limits. Just bit of generic calls, puts, and far fewer straddles from time to time.Do you trade options?
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.Is it a buy at his time? Seems to have dropped significantl.
Picked up 2 @ 2939 and 2929Google 20:1 split
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.crazy earnings season
Welcome to the current market, where when you report good news your stock gets hammered.SENS - anyone else still in this? Dropped 27% after GETTING FDA approval?
bear market. Won’t be surprised if it drops further.
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.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.
SENS - anyone else still in this? Dropped 27% after GETTING FDA approval?
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.
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.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.
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.SENS - anyone else still in this? Dropped 27% after GETTING FDA approval?