It is pretty clear on a variety of metrics this is the most speculative stock market ever. The fact that there are mostly deniers argues to the extent of investor mania.
It is pretty clear on a variety of metrics this is the most speculative stock market ever. The fact that there are mostly deniers argues to the extent of investor mania.
Maser wrote:
I am at a pizzeria, high on vin chaud, peeking at this thread, being reflective.
Many times I have been tempted to give Igy a few parameters, have him design me a broad-brush portfolio, and dump in an actual hundy or half.
I would be tempted to write something up but Noob and Swag might latch on a little too tightly.
Turkish Lira appreciates as much as 25% from Friday’s close.
Pretty good idea for a 75 IQ:
Interesting to see how TUR trades into year end.
I'm now only down 1% with SARK now. I feel good about holding this, great hedge.
Hoping VTI drops below 230 soon, missed it by 7 cents today. I have buy orders for 230 and 225.
Maser wrote:
I am at a pizzeria, high on vin chaud, peeking at this thread, being reflective.
Many times I have been tempted to give Igy a few parameters, have him design me a broad-brush portfolio, and dump in an actual hundy or half.
That’s obviously the vin chard talking. Take a nap.
* vin chaud
Lots of truth to that.
And the thing is, while missing the big single day moves can sideline an otherwise good portfolio, the sad truth is even if you are jumping in on these big market days, you will see as I have, that the big move is very very often made overnight, and you can see it in the futures market, but unless you have some kind of special trading account, you can't react until the market has gapped way up (or down, as the case may be).
There were other studies done about what a outsized proportion of the market gains occur overnight. So even if the investor was astute in trading those days, much of it is occurring when us retail investors have no real-time access.
Don't believe me?
Nasdaq futures currently up 1% overnight. But all you can do is watch.
Happy trading.
The price of options is insane right now. I guess when every other day the nasdaq swings 1.5% this is what happens. The fed picked the perfect time to announce these rate hikes
Lots of truth to that.
And the thing is, while missing the big single day moves can sideline an otherwise good portfolio, the sad truth is even if you are jumping in on these big market days, you will see as I have, that the big move is very very often made overnight, and you can see it in the futures market, but unless you have some kind of special trading account, you can't react until the market has gapped way up (or down, as the case may be).
There were other studies done about what a outsized proportion of the market gains occur overnight. So even if the investor was astute in trading those days, much of it is occurring when us retail investors have no real-time access.
Don't believe me?
Nasdaq futures currently up 1% overnight. But all you can do is watch.
Happy trading.[/quote]
Between 10 and 12 ( CT ) yesterday, if you knew where to look, markets sent out Buy Signal.
https://www.barchart.com/futures/quotes/SQZ22/technical-chart?plot=LINE&volume=contract&data=I:1&density=L&pricesOn=1&asPctChange=0&logscale=0&im=1&startDate=2021-12-20&endDate=2021-12-21&daterange=specific&sym=SQZ22&grid=1&height=500&studyheight=100&axis1=false&axis2=false&overlay3=ZNH22&axis3&isComparison=1https://www.barchart.com/futures/quotes/GEZ25/technical-chart?plot=LINE&volume=contract&data=I:1&density=L&pricesOn=1&asPctChange=0&logscale=0&im=1&startDate=2021-12-20&endDate=2021-12-20&daterange=specific&sym=GEZ25&grid=1&height=500&studyheight=100&overlay1=GEZ22&axis1&axis2=false&overlay3=GEZ24&axis3=false&isComparison=1https://www.barchart.com/futures/quotes/ESH22/technical-chart?plot=BAR&volume=contract&data=I:5&density=O&pricesOn=1&asPctChange=0&logscale=0&im=5&sym=ESH22&grid=1&height=500&studyheight=100Doesn't always work, but this time, textbook.
Nullius in verba.
Between 10 and 12 ( CT ) yesterday, if you knew where to look, markets sent out Buy Signal.
https://www.barchart.com/futures/quotes/SQZ22/technical-chart?plot=LINE&volume=contract&data=I:1&density=L&pricesOn=1&asPctChange=0&logscale=0&im=1&startDate=2021-12-20&endDate=2021-12-21&daterange=specific&sym=SQZ22&grid=1&height=500&studyheight=100&axis1=false&axis2=false&overlay3=ZNH22&axis3&isComparison=1https://www.barchart.com/futures/quotes/GEZ25/technical-chart?plot=LINE&volume=contract&data=I:1&density=L&pricesOn=1&asPctChange=0&logscale=0&im=1&startDate=2021-12-20&endDate=2021-12-20&daterange=specific&sym=GEZ25&grid=1&height=500&studyheight=100&overlay1=GEZ22&axis1&axis2=false&overlay3=GEZ24&axis3=false&isComparison=1https://www.barchart.com/futures/quotes/ESH22/technical-chart?plot=BAR&volume=contract&data=I:5&density=O&pricesOn=1&asPctChange=0&logscale=0&im=5&sym=ESH22&grid=1&height=500&studyheight=100Doesn't always work, but this time, textbook.
Nullius in verba.[/quote]
Interesting, but over my head, frankly.
Down 5% with SARK again. Hype stocks look bullish.
investing noob wrote:
Down 5% with SARK again. Hype stocks look bullish.
You said that a couple of days ago. Up 1.09% in aftermarket.
Ghost of Igloi wrote:
investing noob wrote:
Down 5% with SARK again. Hype stocks look bullish.
You said that a couple of days ago. Up 1.09% in aftermarket.
I should stop looking haha. Both ARKK and SARK are green aftermarket. Weird.
Flip a coin for now I suppose.
Meanwhile in the crypto world:
https://twitter.com/AndrewPGregory/status/1473482844005715968
I bought my first NFT today, Bob Ross packs from Funko Pop. Paid $120 for 4 packs of 15. Pulled a "grail" one which is 1 of 999 available. It's currently selling for $200+.
IMO a sustainable collectibles market needs to evolve over time, not erupt by fiat. Also it should evolve with supporting structures—eg art has museums and public funding, among other things. Even baseball cards have HoF, MLB, and gov monopoly.
Yes I recognize the possibility of value, certainly it is there—but I doubt its durability, because its rise seems to me to have been too recent, and the base not sufficiently diverse.
All the best, though—you might score big as an early adopter! I would sell immediately and pocket that $80. Excellent ros