Financial Markets Around World

Are you interested in club-talking about financial markets and stocks here?

  • Yes

    Votes: 32 86.5%

  • No

    Votes: 5 13.5%
  • Total voters
    37
  • Poll closed .
L

luminary

Senior Member
Registered Member
Some these unrelated drops is due to many funds getting margin called and forced to sell their assets to cover losses. Everything is going to drop as a result, even hedge stocks like gold or China stocks.

Monday I'm predicting a continued drop. We haven't found the bottom yet, it might not even be close to it.
 
ficker22

ficker22

Senior Member
Registered Member
lube said:
It's liberation day, week, month.
I've sold 90% of my holdings already.

I'll rake in my profits in BYD now, hopefully time getting back into the market when the stimulus bazooka hits....
Click to expand...
Haven't sold most positions, but surely buying puts or hoarding cash for a while.

Nasdaq and s&p need to be harvested
 
4Runner

4Runner

Junior Member
Registered Member
I think the bottom is likely in. For clarification, the bottom is most likely a process, not on any particular trading day. When I say bottom is likely in, it means a trading bottom is forming, like in some typical historical pattern. I would put likeliness at 70% at this juncture.

I am buying, incrementally ......
 
Maikeru

Maikeru

Major
Registered Member
4Runner said:
I think the bottom is likely in. For clarification, the bottom is most likely a process, not on any particular trading day. When I say bottom is likely in, it means a trading bottom is forming, like in some typical historical pattern. I would put likeliness at 70% at this juncture.

I am buying, incrementally ......
Click to expand...
Indeed, S&P slightly up, NVDA up 4-5%. Could be a dead cat bounce or a 'retracement' for TA purposes and decline will resume tomorrow?
 
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