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Investments Pinglist: QQQ Daily at the close, 02-13-24
Stockcharts | 02/13/24 | self

Posted on 02/13/2024 6:39:08 PM PST by Eccl 10:2



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KEYWORDS: chat; investments
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Note the negative divergence. Price going up, RSI going down. TA would say this often means a decline in price is coming.

NOTE: I am not any sort of financial or investment professional, and I take no responsibility for any actions taken by you.

1 posted on 02/13/2024 6:39:08 PM PST by Eccl 10:2
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To: Eccl 10:2

It’s been breaking 52 week highs for at least a month. Definitely not a good time to buy


2 posted on 02/13/2024 6:43:22 PM PST by NWFree (Sigma male 🤪)
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To: Bob434; calljack; cgbg; Craftmore; DCBryan1; EEGator; Fireone; fretzer; hecticskeptic; ...

Please comment. Thanks!


3 posted on 02/13/2024 6:43:33 PM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: NWFree

Buy high, sell low has been my motto through the years.


4 posted on 02/13/2024 6:46:33 PM PST by crusty old prospector
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To: Eccl 10:2

I saw your post earlier. I’d love to get on your investment thread!


5 posted on 02/13/2024 6:47:40 PM PST by Alberta's Child (If something in government doesn’t make sense, you can be sure it makes dollars.)
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To: Ferndina

Sorry, I had your handle spelled wrong in my Pinglist. Corrected.


6 posted on 02/13/2024 6:47:46 PM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: Alberta's Child

Done!


7 posted on 02/13/2024 6:49:06 PM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: Eccl 10:2

I have one share to watch for daily entertainment.


8 posted on 02/13/2024 6:53:29 PM PST by Paladin2
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To: Eccl 10:2

please add me to your ping list ... I’ll give it a try ... thanks ...


9 posted on 02/13/2024 6:54:32 PM PST by bankwalker (Repeal the 19th ...)
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To: Paladin2

It’s a good fund to ride tech rallies and you can buy and sell real time instantly


10 posted on 02/13/2024 6:55:41 PM PST by NWFree (Sigma male 🤪)
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To: bankwalker

Added you are!


11 posted on 02/13/2024 6:56:02 PM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: NWFree

“It’s been breaking 52 week highs for at least a month. Definitely not a good time to buy”

##############

One could argue, though, that this was just an interim selloff. The moving average ribbon did not change, and we are still well above the 200 day moving average.


12 posted on 02/13/2024 6:59:07 PM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: Eccl 10:2

The MACD, however, did cross over to the downside.


13 posted on 02/13/2024 7:00:03 PM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: NWFree

I agree but I like xlk better ... it is heavier in tech and has outperformed qqq over the long haul.


14 posted on 02/13/2024 7:00:25 PM PST by bankwalker (Repeal the 19th ...)
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To: NWFree

Agreed, QQQ has good diversification (100 stocks and not all just tech), and the buy-sell spread is almost always just a penny.


15 posted on 02/13/2024 7:02:15 PM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: crusty old prospector

That sounds like a lot of the results when I follow the recommendations of my stockbrokers.


16 posted on 02/13/2024 7:02:33 PM PST by Maine Mariner
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To: bankwalker

“I agree but I like xlk better ... it is heavier in tech and has outperformed qqq over the long haul.”

$$$$$$$$$$$$$$$$

XLK is great for that, but almost half the fund is weighted to two stocks - MSFT and AAPL. I’d be a little skittish to put too much into XLK for that reason.


17 posted on 02/13/2024 7:05:15 PM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: Eccl 10:2

please add me to the pinglist, thanks


18 posted on 02/13/2024 7:09:27 PM PST by posterchild
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To: posterchild

Done!


19 posted on 02/13/2024 7:12:09 PM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: Eccl 10:2

There is a MAGS ETF available to see how the magnificent 7 do on an equal weighted basis.


20 posted on 02/13/2024 7:13:45 PM PST by Paladin2
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