USA Stocks discussion - Part 2

[havetheveryfun]

Mumbling to myself :
Look at US market performance overnight, what’s the point of ‘futures’ ?
It missed the DJ -700 2 days ago & wrong again overnight

to trap retailers and newbies la...

some ppl who buy futures at certain timings dont even know the US market not open at that time.. they just buy or sell only

 

[Kinetic88]

DOW did a fantastic turnaround from near 800 points plunge to 80 point down, making its most stunning reversal since March.

 

[peipei1]

Morning all....i spent last night buying and selling UVXY and now blurry but TGIF! Important thing i started with a realised 80 profit but called it quits to bed with a 60 realisd loss and a couple of commission paid. Phone is 3/4 battery left. I budgeted for this so the loss is accepted but should have bought back Amd and went to bed and see profits now!

I learnt something funny about this counter. IBk apparently lets me buy and sell same day over and over again immediately. I am on a cash account and certaintly do not have excess cash if a normal settlement is followed!

Do not use google finance to bet, haha later parts when i was giving back my wins, i tried hard to win again using google finance djia, vix, uvxy, nasdaq, ibk apps graphs, they were showing going downwards again, so i bought back in uvxy, and it went opposite way, 3 times it happened!

 

[NewInvestor]

Morning all....i spent last night buying and selling UVXY and now blurry but TGIF! Important thing i started with a realised 80 profit but called it quits to bed with a 60 realisd loss and a couple of commission paid. Phone is 3/4 battery left. I budgeted for this so the loss is accepted but should have bought back Amd and went to bed and see profits now!

I learnt something funny about this counter. IBk apparently lets me buy and sell same day over and over again immediately. I am on a cash account and certaintly do not have excess cash if a normal settlement is followed!

Do not use google finance to bet, haha later parts when i was giving back my wins, i tried hard to win again using google finance djia, vix, uvxy, nasdaq, ibk apps graphs, they were showing going downwards again, so i bought back in uvxy, and it went opposite way, 3 times it happened!

Pointless to trade unless u r a sakti trader like FCS.

Better to buy n hold. I sleep like a baby every night.

 

[peipei1]

Pointless to trade unless u r a sakti trader like FCS.

Better to buy n hold. I sleep like a baby every night.

It was not some thing i planned beforehand, i actually queued premarket after i saw futures red, got hit with 50 profit on open, and i thought it was over. Then later at home, i nothing to do and saw my IBk settled cash is already available, and djia still downtrend so i rebought uvxy and again hit with profit and again. That was that then and my buys started exiting with loss! I was then between a rock to buy amd when it was 20.60 or try my luck with uvxy again! A short paid up lesson at the end. Next time i will stopped on second intraday win if buying uvxy! This counter ibk allow immediate settlement and retrading any other stocks!

 

[Shiny Things]

What would u guys do if you think a recession is now inevitable? Really hold cash?

I'd buy govvy bonds. Recession -> interest rates get slashed -> bond prices rocket higher.

For what it's worth, that's not what I did: I net sold bonds and bought stocks today.

 

[peipei1]

I checked my ibk, now it shows i have negative equity loan! I no longer can queue position right now so buying uvxy is not free margin as i put it above!

 

[revhappy]

For what it's worth, that's not what I did: I net sold bonds and bought stocks today.

Congratulations!

 

[roflolmao]

Lmao at investment banking technical analysis

Just ****ing lol

 

[Mergui219067]

CNBC :
Trump is reportedly 'glued' to the stock market's fluctuations and worried he's causing them

HardwareZone Forums app

 

[Mergui219067]

Trump's trade war has cost the S&P 10% this year, JP Morgan estimates

 

[homer123]

This week he really screw up.. Disappointing!

CNBC ;
Trump is reportedly 'glued' to the stock market's fluctuations and worried he's causing them

 

[peipei1]

What caused last night crash again? There was no new news
Short covering?
Algo covering?
My Ibk account awaiting cash settlement so cannot load up last night, might be a good thing because i would have queued Amd premarket, at close of market, price is 19.25!

No more stock picking for me, to stick with Dca iwad and some fhlc, until turbulent times are settling down. Who is betting on Uvxy?

 

[atf0007]

What caused last night crash again? There was no new news
Short covering?
Algo covering?
My Ibk account awaiting cash settlement so cannot load up last night, might be a good thing because i would have queued Amd premarket, at close of market, price is 19.25!

No more stock picking for me, to stick with Dca iwad and some fhlc, until turbulent times are settling down. Who is betting on Uvxy?

Just overall bearish lah - The size of all the sell down candle and the volume accompanying has been larger than usual - so reading price action, its really bearish. On Thurs, where we had a u turn, the buyers were not able to push it to a positive close so that also gives us clues that there is definitely supply to the topside. I would like to see how the Oct low of 2603 gets tested.. would it hold or break? A break may bring out more panic sellers???

 

[revhappy]

What caused last night crash again? There was no new news
Short covering?
Algo covering?
My Ibk account awaiting cash settlement so cannot load up last night, might be a good thing because i would have queued Amd premarket, at close of market, price is 19.25!

No more stock picking for me, to stick with Dca iwad and some fhlc, until turbulent times are settling down. Who is betting on Uvxy?

The right question should be why was market going up all this while, against people's expectations. It is a bit like a car racing on a bridge that is broken will still carry on in the air because of its momentum for a while until the momentum loses and then the car crashes into the sea.

The markets were carrying on with their previous momentum even though most of the factors ( the bridge) had already gone. Fed QE is long over, rates were rising, trade wars. There was no reason for markets to carry on this long. Now there is no reason needed for this market to crash.

I say it again, expect data to become worse and worse over the next 2 years. Markets are now really going to fall. It is like the wolf story, nobody believed the wolf is coming. Now it is really coming.

 

[DukeCS33]

The right question should be why was market going up all this while, against people's expectations. It is a bit like a car racing on a bridge that is broken will still carry on in the air because of its momentum for a while until the momentum loses and then the car crashes into the sea.

The markets were carrying on with their previous momentum even though most of the factors ( the bridge) had already gone. Fed QE is long over, rates were rising, trade wars. There was no reason for markets to carry on this long. Now there is no reason needed for this market to crash.

I say it again, expect data to become worse and worse over the next 2 years. Markets are now really going to fall. It is like the wolf story, nobody believed the wolf is coming. Now it is really coming.

The Market has been talking about this being the late cycle rally... and like all late cycle rallies, no one will know when it will end. A few things can happen that may well prolong this late cycle rally - Fed can pause hikes, fiscal pump priming measures may be implemented etc. Already, we are hearing of the Fed softening on its stance and there may be another tax cut 2.0. As such, we may well see an increase in volatility. Despite the QE reductions, there is still ample liquidity - The other major central banks have not fully tuned out their QE programs. All these, (noting the background risk of rising trade tensions etc) do point to increased volatility. I am expecting some sideways trading, paying attention when the Market trades the ends of the ranges.
I do not have access to my charts but if memory serves me right, I believe we had a bearish change of behaviour in Oct where the weekly cumulative volume of sales has been the greatest in 5 years. This type of change always alert me to the possibility of an end to a rising market or a move towards more sideways consolidation.
For those who are asking me what this wave volume count is, please refer to this:

https://www.mql5.com/en/market/product/29677

I did not buy this but did some programming on my platform to replicate the indicator. I find this quite helpful as an additional filter before I take on any trades.

 

[roflolmao]

Just buy lah, scared what

Dollar cost averaging
Everything is on sale
Fundamentals no change
Buy no scare scare no buy

Buy more and huat big big

 

[focus1974]

If this is the last leg of the market rally before a bear come..
then expect at least 100% gain for most of your stocks.

 

[peipei1]

If this is the last leg of the market rally before a bear come..
then expect at least 100% gain for most of your stocks.

Oh? I queuing to sell Msft at the 1trillion mark, hope can escape before the crash.

 

[atf0007]

This fcs - sibei hao lian - your screenshot shows nothing also want to haolian - if later mkt up, you say buy call, if down say buy put...like that everyone also can be trader. show some standard lah… but if show side, use excuse that later people leech u - super fake IB - normally ib will release the call after they put on position so everyone follow and boost their position... cable also dun know - confirm u fake liaoz. Only thing I believe you is neber doctor - simply because u dun know how to use paintshop. wahahaaa

call youself sexpert? I think make up for the fact you cannot do it... all the imh like that one - in their brain fantasy.... no wonder on sat / sun so free coz no galfriend… maybe super ugly troll.