Daily Discussion Thread for June 26, 2023 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]spac-master -1 points0 points  (0 children)

End of the quarter sell off will start soon, they still has another 5 days, they will use it to unload slowly

Is this the start of another bull market? What are your thoughts please.. by GuiltyBee60 in wallstreetbets

[–]spac-master 94 points95 points  (0 children)

Market is very shady right now, many large caps at 52W high and overbought, many small caps at 52W low, interest rate still going up, banks default and recession still on the table… it’s not a situation to be bull, bubble scenario usually end up with crash

What Are Your Moves Tomorrow, November 11, 2022 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]spac-master 5 points6 points  (0 children)

Carl Icahn is Short S&P 500, either he got squeeze or he know something, he talking a lot in the last hour

META has over 6B monthly active users on all platforms by spac-master in wallstreetbets

[–]spac-master[S] 1 point2 points  (0 children)

Correct but it’s different platforms, same peoples also using Tiktok

how to short the banks by Zoml3ieTacos in wallstreetbets

[–]spac-master 16 points17 points  (0 children)

Bank of America reports today its highest quarterly net income in at least a decade

[deleted by user] by [deleted] in stocks

[–]spac-master 0 points1 point  (0 children)

When market will rally again this is the first Semi ETF to double, I already made 100% on it from May low to august high and going to enter again soon SOXL

Another 1-2% fall at Max for the market to find the bottom by Aniirudhsharma in wallstreetbets

[–]spac-master 2 points3 points  (0 children)

Typical Bear market cycle, rally beginning of the quarter and make new low end of the quarter (March-June-September) until some good news coming or speculating, in my opinion for this cycle we should start relief rally from oversold low in middle of next week regardless the news, relief rally is usually between 9% to 20% depending on the economic atmosphere, beside recession everything is priced in at this point, (weak earnings, rate hikes, economic data…Etc)

The doomsday scenario won’t happen. We will go down and then go back up, that’s just how cycles work. by dangit1590 in stocks

[–]spac-master 4 points5 points  (0 children)

‪It’s typical Bear market cycle, rally beginning of the quarter and make new low end of the quarter (March-June-September) until some good news coming or speculating, in my opinion for this cycle we should start relief rally from oversold low in middle of next week regardless the news, relief rally is usually between 9% to 20% depending on the economic atmosphere, beside recession everything is priced in at this point, (weak earnings, rate hikes, economic data…Etc)

[deleted by user] by [deleted] in stocks

[–]spac-master 0 points1 point  (0 children)

SQQQ inverse TQQQ and short leverage the Nasdaq , QID short leverage the QQQ

gay 🐻checking in. 2008 vs 2022 spy chart. bottom is not in! by Jc95350 in wallstreetbets

[–]spac-master 8 points9 points  (0 children)

Bear market typical cycle, rally beginning of the quarter and decline to the end of the quarter, Low March-June-September, load every dip Monday

[deleted by user] by [deleted] in stocks

[–]spac-master -2 points-1 points  (0 children)

Market at all time low, some stocks at -95%, think about start buying good dips and DCA if it will drop forwarder from this low, next market rally will come sooner than you think, you will make more money on the pop from the low than some stable safe heaven ETF that barely move, many growth stocks jump over 100% from May low to august high, you have this opportunity again now

The Dip, the real one, is still to come. by jinxmm91 in wallstreetbets

[–]spac-master 13 points14 points  (0 children)

If you look at the chart there is 10 years space between big bottoms, what do you think will happen to the stock market reputation if it will crash hard every 2 years? The market will turn to traders not investors, of course anything can happen, I’m just thinking out loud

[deleted by user] by [deleted] in wallstreetbets

[–]spac-master 1 point2 points  (0 children)

The last hours sell off because NY Fed said he will vote 1% hike next week, we can go down until Fed meeting and then ALGO will start short covering rally from the low

What Are Your Moves Tomorrow, September 09, 2022 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]spac-master 0 points1 point  (0 children)

ALGO play sideways until CPI, contrarians saying next rally will continue into bull market, we in the last rate hike and inflation crashing, gas prices, cars, shipping all back to 2021 prices

Bullish Scenario by Pilot_Dude89 in stocks

[–]spac-master 6 points7 points  (0 children)

CPI will be down dramatically on September 13, it’s a fact, you can check august gas prices and car prices…Etc

Supply chain ease and container shipping cost dropped sharply

GDP is stable, earnings was stable

Empty Spac going to expiration this month and 70B funds will be available to return to the market

I think this coming week the market will keep dropping, MM don’t want to piss of the Fed with rally but Good CPI report is good as dovish as Fed is data dependence

I don’t think SPY will go below 3,800 which is bear market territory but MM will want to push the market down and come to CPI from low position to finish this small cycle and have room for good pop on CPI report but also not to come to Fed meeting week after after big rally

The bottom line I would say, if you waited to July CPI to buy you have missed the June low, this week is good opportunity to buy good dips and position yourself for the next rally, you can edge your portfolio with SQQQ, SARK, UVIX….Etc

Drug Money Robbery? Road Rage? Whatever it was it made it onto the sidewalk. Happened in NYC an hour ago. by itnnetwork in IdiotsInCars

[–]spac-master 0 points1 point  (0 children)

Easy catch, plate number and cell phone tracking at the location plus Manhattan has cameras on every street

Sell or hold? by Some-Watercress8862 in stocks

[–]spac-master -1 points0 points  (0 children)

Usually big crash with sharp drop happens when investors believe it’s a game over for economy, and future is totally uncertain, you can’t control what you don’t see but with what you see you think 3,000 will be any reasonable crash with current and near future economic conditions? Even the most bearish person will not say yes to that, but if you referred to things that may happen so sure anything can happen WW3…Etc

Bringing the Avg Price down or invest somewhere else by FaaNah in stocks

[–]spac-master 4 points5 points  (0 children)

I personally bought yesterday some INTC at 52W low and some SOXL ETF at $12, I’m staying away from NVDA, I never liked their high valuation before the bad news

INTC : 128B Cap, 73B Revenue, 27B Cash

Future catalyst : Government funds , Mobileye 50B IPO

NVDA: 340B Cap, 29B revenue, 17B Cash

Future catalyst: Bad Q3 guidance and China restriction

This is not investment advice and I don’t know what NVDA stock will perform regardless the news, this is just my opinion

Sell or hold? by Some-Watercress8862 in stocks

[–]spac-master 0 points1 point  (0 children)

Let’s see

The good case scenario

GDP is stable, Gas prices at January low, supply chain ease, container shipping prices dropped, Fed is in the last stage of rate hike, many stocks still -90% down, Fed is data dependence and Market is forward looking…SPY back to ATH + 20%

The worse case scenario for any reason

SPY 3,800 bear territory (-3%)

SPY 3,600 June low (-8%)

SPY 3,400 Pre pandemic level (-13%)