Open Side Menu Go to the Top
FAQ Today's Posts Search Twitter Discord
Register
2024 Trading Thread 2024 Trading Thread
Post Reply Subscribe
...
Page 7 of 7
First
Page 7 of 7
Go to page:
Go
2 3 4 5 6 7
Last
Go to page:
Go
Page 7 of 7
First
Page 7 of 7
Go to page:
Go
2 3 4 5 6 7
Last
Go to page:
Go
Yesterday , 03:36 PM
#151
AllinPoker
View Profile Send Message Find Posts By AllinPoker Find Threads By AllinPoker
journeyman
Join Date: Nov 2012 Posts: 378
They were the first movers.. Now maybe it's a lot of the other stuff that lagged behind that will make the next move. Could very well be the index doesn't move much or stays flat. The people who come in late get crushed like usual in the high flyers but everything that lagged behind goes up a lot but doesnt move the needle much as like when the big tech stocks move.

Last time around a lot of tech, meme stocks, spacs, crypto made the first move too, then went nowhere/got crushed and a big rotation happened.
2024 Trading Thread Quote
Yesterday , 03:42 PM
#152
Maximus122
View Profile Send Message Find Posts By Maximus122 Find Threads By Maximus122
adept
Join Date: Jul 2013 Posts: 957
Very possible.

Big rotation today. It was nice to see it for a change.

2024 Trading Thread Quote
Yesterday , 04:10 PM
#153
Maximus122
View Profile Send Message Find Posts By Maximus122 Find Threads By Maximus122
adept
Join Date: Jul 2013 Posts: 957
A couple of stocks Salesforce, Adobe, Lululemon, they went back to their former high and even made a new high and they've given a lot of it back.

I think that thought maybe put a shiver, through the spine of a lot of tech investors today.
2024 Trading Thread Quote
Yesterday , 09:49 PM
#154
Maximus122
View Profile Send Message Find Posts By Maximus122 Find Threads By Maximus122
adept
Join Date: Jul 2013 Posts: 957
Quote:
Originally Posted by AllinPoker
They were the first movers.. Now maybe it's a lot of the other stuff that lagged behind that will make the next move. Could very well be the index doesn't move much or stays flat. The people who come in late get crushed like usual in the high flyers but everything that lagged behind goes up a lot but doesnt move the needle much as like when the big tech stocks move.

Last time around a lot of tech, meme stocks, spacs, crypto made the first move too, then went nowhere/got crushed and a big rotation happened.
I think what was also quit interesting about today, is that the market is obviously extremely aware, that the rally hasn't been broad.

It was so bizarrely out of tune, with what we've seen since the Sep 2022 low.

I also think the index kind of just stays flat until we get cuts.

I think the cuts could end up being a sell the news event.

I've given up on a broadening. I think this past year and a half has been a rally in a bear market, that will ultimately roll over next year.
2024 Trading Thread Quote
Today , 05:32 AM
#155
Maximus122
View Profile Send Message Find Posts By Maximus122 Find Threads By Maximus122
adept
Join Date: Jul 2013 Posts: 957
A couple of other stocks getting pounded after hours.

Dell down 16% Mongo DB down 25%.

Cyber Security has been rolling over for a while.

Technicals deteriorating under the surface.

Six stocks now make up 30% of the S and P.

They kill the troops first and the generals last.

The patient is sick.

Last edited by Maximus122; Today at 06:02 AM.
2024 Trading Thread Quote
Page 7 of 7
First
Page 7 of 7
Go to page:
Go
2 3 4 5 6 7
Last
Go to page:
Go
Post Reply Subscribe
...
Page 7 of 7
First
Page 7 of 7
Go to page:
Go
2 3 4 5 6 7
Last
Go to page:
Go
      
Feedback is used for internal purposes. LEARN MORE
Contact Us Privacy Statement TOS
Top
Powered by:  Hand2Note
Copyright ©2008-2022, Hand2Note Interactive LTD
m