Posted on 02/22/2024 7:11:30 AM PST by Eccl 10:2
“So, about 2% on SPY, 3% on QQQ. Good week.”
My buy&hood portfolio is up 3% this week thanks to ETN (5%).
“It’s amazing. Two years ago, SQQQ was around 50.00. This afternoon it’s at 11.00. I think that is a good buying opportunity.”
We are still in a bull market.
Yes, I suppose a gap-down open liquidating below the Stop price at open could be followed by a trading day increase above the Stop value adding insult to injury.
I just see leading economic indicators heading down and R congress not gonna add Spread-the-Money around liquidity.
Maybe the next trick in their bag is loan forgiveness to circumvent Congress’s inability to provide spending. But it won’t be to homeowners imo, they have assets -which are targets for seizure. It’s all about having assets, not currency -which produces nothing unless you loan it. And that’s the bankers’ racket.
“Some markets have 24 hr. access.”
Stop-losses are not usually executable in after hours trading.
“A stop loss exit won’t execute before a gap down opening.”
If the stock gaps down on the open below the set limit, the stop loss becomes a market sell and can execute below the set limit.
Sweet ....
and tingly ...
and no smelly, slippery fish to clean ..
I hope I can close early tomorrow .. started to this am ..but hey ... what can I say ?
I need to pull the starter off my old tractor ... it’s a good thing the markets are closed on Saturday .
I have really been getting a kick out of the threads.
There were a lot of drop ins today ...hope they come back.
You know it seems to me your watching TLT for the same clues I get from DXY ... liquidity pushes ..
... hmmm ....NDX so close .... but no cigar.... makes we wonder
Well, I’m in where I’m in .... going to ride the horse I’m on
till 10:00 in the am .... I very rarely trade before 10:00
.... ISH ha ha
ha ha ... you did good take tomorrow off ...if you can ..ha ha
“That locks in a minimum “
You are not locked in. See the discussion in the few posts preceeding this post.
If your holding gaps down on the opening your stop-loss becomes a market sell order and will execute at the gap down price, not your set value.
Of course not, but I didn’t want to go into a tortuous explanation.
“$10k per year license now”
hmmmm .... that is very interesting little tid bit.
Can you give us a little more on that .... or a direction to look..
thanks
“bull market.”
I hope everyone knows sqqq/tqqq are not the kind of things you buy and hold .....
as far as “bear”market ... there are green AND red candles everyday.
so ......
swing for the fence .......
And it may be a good time to mention...
some of the topics discussed here are for “sophisticted”
investers ...
I mean that in the technical sence , not disparaging anyone.
margins
limits
stops
conditionals
straddles
options
.......... and that’s just a quick list of some of the tools
it can get very “entangled”
Never get financial advise from a cranky old man on the internet ... this is for ENTERTAINMENT only ..
buy the dip ... trade the tip ....and ride the rip
more fun than a bass boat
(I’m really enjoying the threads... thanks all)
“the next trick in their bag “
” loan forgiveness “
hmmmm ..... liquidity is liquidity ... had not really connected those dots...
thanks
AMD will hit $200 this year, $300 within 5 years. Palantir, Sofi still affordable.
“I’ve gone into SQQQ in expectation of that fall.”
SQQQ is not suitable for LT holdings. It is managed to inverse the SQQQ on a daily basis. Not in the long term.
You lose 1% as soon as you buy. When stocks are shorted one has to pay interest and the dividends for the shorted stock. SQQQ can go down even if their stocks go down.
Their is also a SQQQ options market.
The alternative is AMD. 90-100% of the performance for 1/3 the price.
“I hope everyone knows sqqq/tqqq are not the kind of things you buy and hold .....”
See my #92.
“The alternative is AMD. 90-100% of the performance for 1/3 the price.”
Misleading. If it is 1/3 the price and you buy 100 shares you are investing less money and make less $ profit.
If you buy 3x the shares you put up the same money and make the same $ profit.
Their chips are 1/3 the price. More attractive for scalability. #2 player in a $400 billion industry, not a bad place to be.
“Their chips are 1/3 the price. More attractive for scalability.”
That was somewhat true in the old days with 3% commissions on 100 lot orders and higher for odd lot orders.
Not anymore.
Some people who would like to jump in a little deeper can be intimidated by the learning curve and don't like to ask questions.
I know I try to learn something everyday ... and believe me ..there is plenty for me to learn.
” portfolio is up 3%”
and a green candle for you on that, a lot of people would like to be able to say that ... so keep sharing .
“I know I try to learn something everyday .”
Everday I learn something that yesterday I forgot.
“You know it seems to me your watching TLT for the same clues I get from DXY ... liquidity pushes ..”
###############
Yup. The Fed controls so much of the market action as you know. I should probably look at a shorter term govvy ETF as well to find their fingerprints (or lack thereof) in the market.
TLT is just one indicator, though. Nothing I would look at exclusively.
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