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Griff 02-24-2022 03:32 PM

Funny thing is that the overall market has been going down hard for the last week over concerns about Russia invading Ukraine and then it happened.
Then, most stocks opened today around 5-10% below yesterdays closing prices and then most recovered and closed higher than they have been for a week.

Dow, Nasdaq and S&P500 all finished green today. Makes no sense. I know I can't figure out WTH to do now.

Wildman_grafix 02-24-2022 04:45 PM

I was thinking SpaceX.

only way to get to the space station for a while. :party-smiley-004:

28 V 02-24-2022 11:02 PM


Originally Posted by Griff (Post 4822871)
Funny thing is that the overall market has been going down hard for the last week over concerns about Russia invading Ukraine and then it happened.
Then, most stocks opened today around 5-10% below yesterdays closing prices and then most recovered and closed higher than they have been for a week.

Dow, Nasdaq and S&P500 all finished green today. Makes no sense. I know I can't figure out WTH to do now.

Interesting piece- short covering rally, "everyone" hedged for the big fall and forced to unwind their hedges-
https://www.zerohedge.com/markets/pu...raday-reversal

The S&P 500 hasn't traded below 420 since July '21- the area between 420 and 400 offers some support as we enter this distribution area (similar for Nasdaq). Fast forward to 15min (2-24-22) if interested (free daily tech analysis).
Trader Bite Daily Live Stream by FuturesTrader71 at Edge Clear

TYPHOON 05-02-2022 01:45 PM

This is painful !!!!!!!!

badmonkey 05-02-2022 07:22 PM


Originally Posted by TYPHOON (Post 4830806)
This is painful !!!!!!!!

understatement😞

Griff 05-02-2022 11:51 PM


Originally Posted by TYPHOON (Post 4830806)
This is painful !!!!!!!!

The last week has been in the toilet, but today was ok. Bought some HIBS and SPXS to reduce the sting a little. Some long PUT options may also be in my future depending on how the next few days go.

ICDEDPPL 05-03-2022 12:36 PM

My dividend stock just keep humming along .. balance only looking like down $5k

Wildman_grafix 05-03-2022 12:53 PM


Originally Posted by ICDEDPPL (Post 4830903)
My dividend stock just keep humming along .. balance only looking like down $5k

Which was that? My energy stocks are doing nice :)

ICDEDPPL 05-03-2022 05:36 PM

I should have said stocks as in plural. I only have a few 'regular' stocks that don`t pay dividends and I bought those during Covid cause they were cheap.
God I wish I could go back and leverage everything . march 2020 you could`nt buy a bad one.

gotime34 05-04-2022 08:33 AM


Originally Posted by Wildman_grafix (Post 4830906)
Which was that? My energy stocks are doing nice :)

Someone on this thread said buy HAL at $5.32...I did, and another person said buy PBF at $7.00 and I did. I want to hug both those people right now...however everything else I have has gone to hell.


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