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Member
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May 14 2024 02:04pm
Quote (Bazi @ May 14 2024 06:07am)
It took 6 trading days for Market to dump to correct meme stocks, and the dump was 4.4% back in 2021

Memes dropped 60% in that same duration, from their peak

Today will be rlly interesting, they are boosting a lot of small caps which is fine by me



I just find it interesting that 1 dude’s tweet moved billions of $

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May 14 2024 07:00pm
Quote (Pharaohmon @ May 14 2024 03:04pm)
I just find it interesting that 1 dude’s tweet moved billions of $


I don’t rlly believe it and don’t think retail has that much dry powder to cause that

Retail historically also does not impact after hours moves much



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May 14 2024 10:07pm
Quote (Bazi @ May 14 2024 06:00pm)
I don’t rlly believe it and don’t think retail has that much dry powder to cause that

Retail historically also does not impact after hours moves much



Yea it was definitely big money moving the market

Not sure but its another episode of market fuckery lol

Sometimes you catch a rocket and sometimes you get hit by a freight train
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May 15 2024 12:15pm
Hopping back on TQQQ for now
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May 15 2024 04:37pm
Quote (Pharaohmon @ May 15 2024 01:15pm)
Hopping back on TQQQ for now


I’m taking opposite in a few days

Looking for sqqq closer to 9
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May 15 2024 06:43pm
Quote (Bazi @ May 15 2024 03:37pm)
I’m taking opposite in a few days

Looking for sqqq closer to 9



I set my stop loss at break-even for now

If i get stopped out.. will wait to see direction of market

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May 15 2024 07:03pm
Quote (Pharaohmon @ May 15 2024 07:43pm)
I set my stop loss at break-even for now

If i get stopped out.. will wait to see direction of market


I think Nvidia will outperform again and break this 1000 threshold and then I think froth comes off shortly after

After PPI and CPI were both NOT good despite the reaction

I don’t see a rate cut this year anymore
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May 15 2024 08:07pm
Quote (Bazi @ May 15 2024 06:03pm)
I think Nvidia will outperform again and break this 1000 threshold and then I think froth comes off shortly after

After PPI and CPI were both NOT good despite the reaction

I don’t see a rate cut this year anymore




Agreed to Nvidia having another blow out qtr… might break 1000 this time

I can see possible q4 rate cut


This post was edited by Pharaohmon on May 15 2024 08:08pm
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May 15 2024 08:30pm
Quote (Pharaohmon @ May 15 2024 09:07pm)
Agreed to Nvidia having another blow out qtr… might break 1000 this time

I can see possible q4 rate cut


That’s where I’m at too vs holding
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May 15 2024 09:04pm
damn what a run up today

i got terminated at my job, so unfortunately it's time to hunker down and just contribute to the good old roth ira when i can

was fun for the past year or so. appreciate the financial converse with everyone! wish you all the best :love: . it's time for me to move on
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