Tomorrow will be interesting.
Next week I will be out of cell range, so I hope nothing but good things happen ?. I will leave no orders open.
Who was taking profits this morning, and why? And what did they do with their money? Hmmmm
Tomorrow will be interesting.
Next week I will be out of cell range, so I hope nothing but good things happen ?. I will leave no orders open.
Who was taking profits this morning, and why? And what did they do with their money? Hmmmm
Maserati wrote:
Who was taking profits this morning, and why? And what did they do with their money? Hmmmm
it's just the machines doing what machines do.
We gave back a week of advance in the SPX...hardly of note.
Yeah but it makes for drama! Plus a nice 5-10% sale on some things.
i sold a good bit today locking in some gains. I will probably buy back in if we put in a near term bottom.
seattle prattle wrote:
i sold a good bit today locking in some gains. I will probably buy back in if we put in a near term bottom.
Good stuff. I know a guy who sold a lot early this morning, he does the same thing every year the day his kid starts school. Many things were already down substantially when his MARKET ORDER was executed. He has done well on the year anyway, but he’s a bit peeved.
Maserati wrote:
seattle prattle wrote:
i sold a good bit today locking in some gains. I will probably buy back in if we put in a near term bottom.
Good stuff. I know a guy who sold a lot early this morning, he does the same thing every year the day his kid starts school. Many things were already down substantially when his MARKET ORDER was executed. He has done well on the year anyway, but he’s a bit peeved.
I read somewhere that if you add all the Septembers together for some ling period of time...you get a negative result in the stock market.
Not really sure what this is - seems to be a total non-sequitur. Did you mean to reply to someone else perhaps?
agip can explain, since he appears to get it. Graphically it looks like below, from a historical perspective, which doesn’t really matter. Anyway....
https://mobile.twitter.com/jsblokland/status/1301610367790067714/photo/1
Fwiw, after-hours is down significantly for many things, including the 3 I bought today.
I might have to do some buying tomorrow, too.
All these theories circulating about bsd’s fighting amongst themselves, dragging the markets with them. Trader I know says a committee at his firm thinks they know, he will be briefed tomorrow before open. Fwiw they are closing on some private purchase deals for a major client after hours, so it can’t be all bad. He wouldn’t tell me what, but of course I had to ask?.
I have zero idea what is going on, I feel frozen out, and it makes me uncomfortable.
Conference call with Trump and Biden at 5:00 am ET in the morning will decide the market’s fate. Either thumbs up or down. We’ll know at the open.
Maserati wrote:
Fwiw, after-hours is down significantly for many things, including the 3 I bought today.
I might have to do some buying tomorrow, too.
All these theories circulating about bsd’s fighting amongst themselves, dragging the markets with them. Trader I know says a committee at his firm thinks they know, he will be briefed tomorrow before open. Fwiw they are closing on some private purchase deals for a major client after hours, so it can’t be all bad. He wouldn’t tell me what, but of course I had to ask?.
I have zero idea what is going on, I feel frozen out, and it makes me uncomfortable.
We're not even at a ten day low. Days like today are just the norm now, it's really not a big deal
agip wrote:
Ghost of Igloi wrote:
Let me get this right. I could buy a 20 Year Treasury in 2010 at 7% yield. Today we value that same instrument at a 1% Yield to Maturity with 10 years to go. I suppose in our growing wisdom of how to value investments we now accept less yield and higher prices. Oh that’s right you are talking stocks, and that is something entirely different. Discounting major events that happened last summer of course. History is bad, cancel culture. :-)
proof?
This says that bond yielded around 4.5% in 2010.
https://www.multpl.com/20-year-treasury-rate/table/by-year
Oh, snap!
No, it’s more than that, it’s the vix. I jumped in too early today.
Turn those machines back on!
Proof!
:-)
Reference Vix:
Futures are pointing to another bad day for big tech. Will Igy be proven right and get the respect he deserves as he sails into retirement? Stay tuned folks...
VS-SJW-IR-TS idiot wrote:
Futures are pointing to another bad day for big tech. Will Igy be proven right and get the respect he deserves as he sails into retirement? Stay tuned folks...
futures just about a percent down on the US Tech 100, and that is not too big considering what it's following. I am thinking that since it isn't bigger, it might point to a general loss of the downward momentum and a turn around after an hour or two of the open.
seattle prattle wrote:
VS-SJW-IR-TS idiot wrote:
Futures are pointing to another bad day for big tech. Will Igy be proven right and get the respect he deserves as he sails into retirement? Stay tuned folks...
futures just about a percent down on the US Tech 100, and that is not too big considering what it's following. I am thinking that since it isn't bigger, it might point to a general loss of the downward momentum and a turn around after an hour or two of the open.
It's actually a little worse than yesterday's pre-market futures for the NASDAQ. ~ 1% negative futures yesterday led to ~ 5% losses. Extrapolating from today's futures could easily mean > 5% decline today.
Or, maybe not...
yeah, well Dow and SNP futures already turned positive and the Tech 100 is only down 0.33%.
I'm telling ya, on the back of that massive slide today, anything modest points to a reversal.