What's new
By:
Filters

The Stock Market 2024 Thread

i can sleep a lot better now a days because i am not counting on that money to fund my retirement. loosing my dick in F at the moment. but i keep thinking about my buddie Serge telling me they are just numbers on a screen nothing more.
 
Everything is on fire!

Honestly, I am looking to grab some low positions.
 
Was looking at AAP puts for August 30th $54 strike. Placed an order at $0.50 and it didn’t fill. I missed a $0.43. It’s now over $1.85 to fill as of 10:27. For fucks sake
 
Weird things I noticed this week

Yields on US bonds dropped 500 basis points on wednesday
Nikki dropped 6% while Japan defends the drop in the Yen
Sahm rule was triggered - unemployment hit 4.3% ( really much higher as it's a BS number from the feds)

INTC is getting hammered ... might be a interesting play for a long position soon. They are stuck in retard land but usually have a good Q4.

I don't think this is the big drop yet, just some waves as we near the end of this bull run.
 
Norm said:
Weird things I noticed this week

Yields on US bonds dropped 500 basis points on wednesday
Nikki dropped 6% while Japan defends the drop in the Yen
Sahm rule was triggered - unemployment hit 4.3% ( really much higher as it's a BS number from the feds)

INTC is getting hammered ... might be a interesting play for a long position soon. They are stuck in retard land but usually have a good Q4.

I don't think this is the big drop yet, just some waves as we near the end of this bull run.
Click to expand...
Plus election year instability as we approach the big month. People will be diversifying into more secure money market plays until we get past the turmoil.
 
D_JEEPER said:
Plus election year instability as we approach the big month. People will be diversifying into more secure money market plays until we get past the turmoil.
Click to expand...
That is what everyone thinks but it never moves the market, just another day/ month.
 
gunracer1 said:
i can sleep a lot better now a days because i am not counting on that money to fund my retirement. loosing my dick in F at the moment. but i keep thinking about my buddie Serge telling me they are just numbers on a screen nothing more.
Click to expand...
More share when the dividend pays out, I have let this one accumulate too much.
I will cherry pick this one and take a loss at year end to offset my Roth conversation and other gains
 
Norm said:
Weird things I noticed this week

Yields on US bonds dropped 500 basis points on wednesday
Nikki dropped 6% while Japan defends the drop in the Yen
Sahm rule was triggered - unemployment hit 4.3% ( really much higher as it's a BS number from the feds)

INTC is getting hammered ... might be a interesting play for a long position soon. They are stuck in retard land but usually have a good Q4.

I don't think this is the big drop yet, just some waves as we near the end of this bull run.
Click to expand...
How about adding Gold at ATH when inflation is moderating?

I'm hoping this is just a healthy correction. I've held on too long to my winners. Took some profit last week in MSFT, GS and Ether. Used the proceeds to pick up some SOXX. So far that was a big mistake.....
 
Arps said:
same. I lost 10k in a week and hated myself for months
Click to expand...

I lost 9k today. The big number at the bottom at the bottom is still green though. You get used to it :laughing:

The real piss off is I've had INTC for a few years, it was finally a decent amount in the green when I checked on Monday and I thought I should really get out of that but I didn't do it. Fuck
 
I placed a stop limit orders last week on some of my holdings. I am crossing my fingers they don't get excutied. I tell you, ETF's are fucking things up. Shit that should't tank, tanks because it is blended with unrelated consumer industrie.. :flipoff::flipoff::flipoff::flipoff::flipoff:
 
Missed the boat on bunge. Went from 52 week high to damn near 52 week low overnight.

Everything I'm holding is down. Still on the positive side on everything if I were to liquidate, but damn, shed 15ish% overnight.

May watch it shed more weight and increase my holdings on it. Or diversify further with other grain processors and gold miners.

Or just let 'er ride and find something else to throw fiat fun bucks at.
 
Could just be a standard correction... Could be the first dip in a bad ride coming. Kind of hard to say. Lot of uncertainty in the world.

See how it goes after lunch. Everything was off 2.5% or so, but the DJI is pulling out of the nosedive a bit. NASDAQ is still way down.
 
rockota said:
I out a buy order in at 180… I’m not sure it drops that much
Click to expand...

that would be a nice buy-in point, wouldn't it? yesterday was looking a bit more grim, but it seems to have popped this morning. Now Alphabet enters the chat, so we'll see what happens next.....

A (perhaps poor) analogy is last years' banking crisis. If memory serves, Fifth Third was thought to be on the chopping block after SVB. Looking at it now, it has recovered everything and more, so having the stones to get in during the crisis has paid off handsomely. I guess I'll check back to this thread in 1Q25 to see if my CRWD prediction is correct. :laughing:

1722619281757.png
 
Rallye said:
that would be a nice buy-in point, wouldn't it? yesterday was looking a bit more grim, but it seems to have popped this morning. Now Alphabet enters the chat, so we'll see what happens next.....

A (perhaps poor) analogy is last years' banking crisis. If memory serves, Fifth Third was thought to be on the chopping block after SVB. Looking at it now, it has recovered everything and more, so having the stones to get in during the crisis has paid off handsomely. I guess I'll check back to this thread in 1Q25 to see if my CRWD prediction is correct. :laughing:
Click to expand...
I bought Truist all the way down starting Oct. '21 and was losing my ass for the last 2 years up until the last month or 2. Was sitting on a nice 10% gain plus all of the dividend yield up to 2 days ago. Now just a little over 1% and I don't expect that to last long.
 
Eh... Considering how bad it looked at 11AM, it wasn't the rout I thought it might be this afternoon. They took a beating for sure, but not what it could've been.
 
Just some panic selling....the experts will tell you not to panic sell.... while they are selling to get out before everyone else
 
actually took a look and everything I've got is doing fairly well
as compared to the last yr or so

as compared to pre-20 they're doing terrible
and as compared to actual inflation I've lost just about everything :flipoff2:
 
Rallye said:
that would be a nice buy-in point, wouldn't it? yesterday was looking a bit more grim, but it seems to have popped this morning. Now Alphabet enters the chat, so we'll see what happens next.....

A (perhaps poor) analogy is last years' banking crisis. If memory serves, Fifth Third was thought to be on the chopping block after SVB. Looking at it now, it has recovered everything and more, so having the stones to get in during the crisis has paid off handsomely. I guess I'll check back to this thread in 1Q25 to see if my CRWD prediction is correct. :laughing:

1722619281757.png
Click to expand...
I did well enough with banking during all that. Unfortunately, I'm still out of the stock thing until closer to the end of the year :laughing: need it to pop back and hang our over summer, then drop hard for fall :rasta:
 
I've been like 90% cash for the last two years, not trading at all. I saw the market shitting the bed and AAPL up decent, so I grabbed some NOV 190 PUTS before the close. Then Saturday I see my boy Warren has sold 50% of his AAPL holdings. Was already up 17% by the close. I'm fixing on making some money tomorrow morning. :grinpimp: Let's see if I can keep it this time. What to do, what to do...
 
WashingtonMatt said:
I've been like 90% cash for the last two years, not trading at all. I saw the market shitting the bed and AAPL up decent, so I grabbed some NOV 190 PUTS before the close. Then Saturday I see my boy Warren has sold 50% of his AAPL holdings. Was already up 17% by the close. I'm fixing on making some money tomorrow morning. :grinpimp: Let's see if I can keep it this time. What to do, what to do...
Click to expand...


At fucking $219 a share; you have some fucking balls playing options. Hope your not stuck holding a $22K bag o shit....:eek::eek::eek::eek:
Do you think the Fed is going to cut interest soon? :smokin::smokin::smokin:
 
Naw, just grabbed 10 @2.65. Talking PUTS here, they go up in value when the stock price goes down. With the treasury rates dropping and weak jobs, I figured I could scalp a little scratch real quick. I suppose with my luck the stock will hit ATH tomorrow, so I probably shouldn't count my eggs just yet. I expect the Buffet news is going to tank it at the open.

I do expect rates to be cut, but can't pretend to know when. I thought it would have happened by now. When it finally happens, fully expect the economy to take a shit.
 
gunracer1 said:
except i went all in on F biggly. damn im down 40k as of last friday. hang on boys its gonna be a bumpy ride.
Click to expand...
I was watching Ford premarket at 7. I was thinking I should grab some more but it’s been a two year nothing burger 🍔 for me

AMC also shitting the bed, I’ll never recover from that mistake (no tax advantage to sell)
 
You must log in or register to reply here.
Top Back Refresh