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STILL N OF PIKE

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  1. Yields rising very fast in every country . Europe central bank “ we are monitoring this very closely “ United States Central Bank “ this can be seen as a sign of confidence Lol . So much liquidity in this market that it will go anywhere money can be made and highest volumes are showing traders are driving them up . Powell somehow talked for 6 hours last two days without one moron from congress asking him a direct question about what he is willing to do to keep Business and consumer borrowing costs (Tied to 10 year yield )accommodative . Amazing . Nasdaq down 1% and other markets Just Turing red . Not much wiggle room Here between down Big and up To new all time high depending on when this is answered by fed .
  2. What a hilarious timing coincidence as GME soars once again hahaha. They can't handle paying out options again if this closes above 150 on Friday.
  3. I always trim my position by at least half if a stock doubles within a week or so on no major news . Because usually day traders will sell it off (unless there was major news) . And then if i like it a lot i buy it back when it comes down to it's 20 day moving average. But anyway ya i think many of these will go up for a while over time and watching these and trading em is time consuming. That has happened in literally 50-100 lithium /graphite / uranium and nickel small caps in last month. My watch list has grown so long that TD won't update my watch list with real time quotes until i cut it back by like 10 names.
  4. The market seemed to digest the higher yields so far by selling off E comm/ TECH (and Utilities today) especially in names w super high valuation like AMZN/ SHOPIFY / MELI but Energy Sector has really been a Beast lately. Its interesting how BIG money is always rotating into different sectors as the market makes it's journey and it seems many long time successful traders have tracked Big money inflows by sector and made moves when the SP 500 bounces off lower resistance bands within uptrends or breaks above resistance levels (and bought at those times into the hot sectors) . Its one of the tried and true strategies (i.e profitable long term but not infalliable). Most predictable within established Bull markets like now. DNN is a miner and the small caps in the energy sector have been red hot. You have commodity prices increasing at a time when small cap stocks have been making new highs and money has been flowing into Energy. Money is also JUST NOW ready to flowing back into Semiconductors. China has recently threatened to withhold rare earth miners and Semi conductor chips so really any small to micro cap mining stock for lithium, graphite, uranium, nickel has done well ..its actually hard to find ONE of those miners's that hasn't tripled in last 4 months so at this point you gotta actually look to find one that still has much room from here. Regarding Semi conductor manufacturer stocks ..any (with a recent earnings beat) (AMAT/ AOSL/ FORM/COHU has been a primo risk -reward today. You have the administration focused on preparing to focus on amplifying our Supply in case China acts on veiled threats . Here .. Your entry price is a huge deal ...and ridiculously so when buying options..so the dip yesterday am and this morning were exceptional opportunities. Some fell 20% on the panic selling....so that was the time to buy ..when there was "blood in the streets" . *There is just still such a high risk because the 10 year bond yields are like 3% away from a key 1.44 level and FED CHIEF Papa powell didn't do squat to lower those yields (i.e say the fed was going to step in to monetize them to cap the rates and keep main street borrowing costs lower for a favorable recovery) but it's like the market which wants to run higher (because everyone is long) just likes to hear his soothing voice the last two days (he had two 3 hour scheduled speaking engagements) and he literally soothes the markets. The markets fell HARD both mornings for the 30 minutes after open before he began yapping at 10am. Now the markets are going the next few days without him to talk them up for 3 hours a day and if yields rise fast (which they are steadily and can turn on a dime ) we WILL sell off again (Maybe in more than just tech stocks) extremely fast. Historically stock prices fall 7-8 faster than they rise. I.E a few months gains can be wiped out in a few days. Its madness right now.
  5. There was none...just like last time. Just a planned attack. I'm looking at FUBO calls tommorrow. Stock popped( doubled ) last time there was GME run up (from 28 to 62 $) and not only did it not fall back much but it stayed above it's 50 day moving average... is 40$ currently and has a 50$ price target due to increased revenue from Sports gaming and it just is about to bounce as it's at its 50 day moving average. This thing could go to 70 easily should the shorts close shop and this see near the volume it did last time. Calls expiring this Friday are cheap so it would be a 2 day play . Also PETS
  6. i can't believe game stop again. Its all in the call options . Forget just buying the stock. Millionaires made again today with 10 thousand dollars. I don't know of any other way to do that legal or not in this world. GME has done it twice now. Was 50$ this morning...call options w 100 strike price expiring this friday were like 25$ per option. If this opens at 170$ Thursday... those calls w 100 Strike should open at 7000$ per option. This was driven by insane volume and some folks bought Hundreds of calls today for 25$ per. Do the math . Now whoever bought at the BOTTOM will get the reddit retail traders to be future bag holders as they buy late. IF Robinhood allowed call options in GME again they will probably go bankrupt now.
  7. https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx&mod=home-page Futures from green to red on ...rising 10 year
  8. Powell in his testimony Did NOT directly address the current elephant in the room regarding recent stock market Instability . I.E rising bond yields on 10 year He did not say anything to the effect of we will watch that That it doesn’t run too much Bc that will hamper recovery efforts in so much as the rising 10 year is tied to borrowing rates for businesses and consumers . He is a very intelligent guy so that tells me he is willing to let more “Froth” come out of the market . I.E further stock falls Until he addresses directly capping 10 year yields which could be as quick as a random sound bite I would treat any bounce as temporary He didn’t even talk the 10 year yield down during his testimony, this levered market can get away from the fed fast and he would then step in , this is a not a system on firm footing . That being said if he comments they will use tools to keep 10 year yield accommodative ...we make new all time highs within a few days Edit. There is not a ton of middle ground in the market...the one thing he did take off the table was tapering ...which to anyone w a idea of what is supporting this market ..is just saying i won't shoot the patient in the head. If the 10 year can fall below 1.30 we can see a rip higher in stocks...Powell didn't say what he could have to do this ..so it's sort of annoying and a wait and see
  9. As I posted Sunday nite . This sell off is about 10 year yield rising . Rising yield is a knife cutting extreme extended historic valuations that are found everywhere in this marker . It also erodes T.I.N.A (there is not another ) option to put you money than stocks . Jay Powell has a chance today at 10am to calm markets ! and I believe he understands the systematic importance of simply saying they are watching the yield on 10 year and they are going to extend the current fed bond buying (yes we buy our “own debt in massive numbers” ) maturities out further on the Yield curve . I.E we will buy/ cap the yield on 10 year because we have said over and over the 10 year remaining accommodative is imperative for economic recovery as it relates to interest rates to businesses and consumers . He has stated also they are committed to the recovery . If he can’t do this stocks have a long way down And things may get ugly fast given the leverage in this marker and the Pavlovian response of buying the dip that has made folks huge money this year if he is successful , we make new highs And we kick the can AND anyone going long this am makes money Lithium miners and rare earth mineral miners have help up well . The lithium , nickel and graphite miners are the safest and best plays in EV explosion , the manufacturers are a crap show of over valuations and too many are entering market and all promising gigantic growth . Wouldn’t touch them
  10. The best refinancing rates are G O N E as the yield on the 10 year bond rises quickly . That rate is tied to many borrowing costs and likely if you take a looksie at average mortgage rate its gone up considerable since early January... This is chart of 10 year (click drop down menu to adjust from 1 day to about 6 months) https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx&mod=home-page Also in the U.K the move is even faster (click dropdown to 6 month chart) that pace is a issue. https://www.marketwatch.com/investing/bond/tmbmkgb-10y?countrycode=bx .Generally that is not a good thing for stock markets...as rising rates start to hurt the appeal of Record valuations (everywhere) AND it also as it starts to give investors another option as bond's are beginning to yield a bit more interest but not much more than inflation. The Federal reserve is buying Gov't debt hand over fist but most of the maturities it's buying is on the very short end (3 month, etc) ...what they can do is increase or at least "talk about increasing the maturity dates they are willing to buy " to keep that 10 year rate down (and especially the SPEED of the rise) because lowering the 10 year would continue to support the housing market, low borrowing costs for business and consumer loans. (many tied to 10 year bond yield (interest rate) The stock market has formed a bit of a bearish head and shoulders pattern in the short term and as we have been moving within a bullish upward channel since early November ..we could easily see a 4-5 % fall and test the bottom rail of that upward channel if Bond Yield don't take a pause and that would stun a lot of retail investors . Rates are rising because the Fed is saying they are wanting inflation to "run hot" ...and Gov't spending is forecast to grow quickly ....and by that measure GDP growth as well (as Gov't spending directly effects GDP).
  11. Musk, just bought 1.5 Billion. I wouldn't sell Bitcoin at all. The key with bitcoin is the Supply is very limited, if Large Institutions decide to allocate even 2% of their funds into Crypto (like Kathy wood-top money manager of 2020 is) then this literally goes to the moon, and is likely the reason it is already heading there. Steady accumulation buy Huge institutions just grinds this higher . The top for Bitcoin is so far up it's hard to see. 200,000 is very doable as institutions with billions invested begin to allocate Cyrpto in small amounts, as opposed to having never had any.
  12. snowing in nashua with some moderate snow near 128 Burlington. What is this feature
  13. We don’t jack but we stack outside enjoying the last of this band in Nashua
  14. good call Have been 100% away from weather last couple hours and wow, nice event right now
  15. Sounds like Close the shades on the last week of Feb? , let the snow melt (next week ) and see if we are allowed to enjoy ourselves outside In 2 weeks
  16. This IS a important story for 2021 and more data is coming in daily . Total cases are falling in every country including *S Africa so it would appear to me the daily numbers show the current vaccines offer protection even at reduced antibody levels . https://www.nbcnews.com/news/us-news/pfizer-says-south-african-variant-could-significantly-reduce-vaccine-protection-n1258198
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