Today's Market 2/21-27

so helpful, thank you!

CAT DE CVX shot up a lot over the last few trading days. Have puny quantity of all threes.

Millennials strike back!

oh yeah. bought close to 20000 shares of AMC few days ago and dumb luck struck again. i’ll :pray: tonight to hold or pump up even more by tomorrow morning. some of my friends did even better with GME. :man_shrugging:

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Nasdaq below 50 day. Next stop: 100 day? That’s 600 points below.

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Paul answers your prayer. He said is 1-2-i-ii, now in powerful 3 of 3. That is, BUY with all your have. Today didn’t break below $79.36 so his view is still valid.

Please note above statement is my interpretation of what he had said, is not a financial advice to buy, sell or trade AMD.

Enjoy the pull back so far? :wink:

Delicious.

:yum:

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Actually down another 3% or so Nasdaq would officially be in correction territory. That would satisfy all the bears calling for a correction.

:thinking:

Hmmm, you may be right, there are chances for that…This is a nice entry position, every time I jump ahead not waiting the bottom!

Your or @Jil’s or my blood?

You’re as impatient as me? After so many years of trading?

I’m that one who said it first and his optimism influences me to sell SQQQs :face_with_symbols_over_mouth: Could have made a bundle. Adding salt to injury, you give him the credit.

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DASH is in trouble. Hope some of you bought puts 2 months ago. I did

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Fed’s balance sheet hit another record this week. Money printer still going brrrr…

Futures turned higher around the time news came out that the Senate parliamentarian has ruled against including $15 min wage in budget reconciliation.

Not good or bad policy wise, just an observation.

:thinking:

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The market’s ‘fear gauge’ is elevated. History says that could bode well for stocks

The spread between the Cboe Volatility Index, or VIX, and two-week S&P 500 realized volatility has widened to a point that historically has been followed by a volatility decline and stocks on average moving higher, JPMorgan Chase & Co. strategists Marko Kolanovic and Bram Kaplan wrote in a note Wednesday. Historically, three months after that spread moved this wide, the VIX fell 11 points and the market rallied an average 12% with a move higher 87% of the time, they said.

Above fundamentals justify below valuation?

Real turnaround today?

:chart_with_upwards_trend:

Or…

Massive bull trap for bloodbath next Monday?

:skull_and_crossbones: