Stock Market bubble - will crash

[easilyscan 902]

3 minutes ago, Cdub100 said:

The best thing to do is trade on emotion, clearly

I'd like your opinion on the following.  

I've held AWK since 2011. On March 10th I sold June 20, 2025 $165 calls because it looked like panic buying.
Looked like a genius because it dropped substantially over the next week or two. Then it started to recover. If I understand, a golden cross occurs when the 50 day MA meets & goes above the 200 day.

I don't know if the fact that the 50 has reached the 200, but not risen above, officially makes it a golden cross ? 
Does the fact that it had such a long red candlestick (Bearish) on Friday have any influence ? 

https://www.imagebam.com/view/ME10UWHQ

These are held in a taxable account, & in my situation, if all 400 shares were called away @ $165, it would be disastrous for my 2025 tax liabilities & health care insurance.

[Cdub100 3,871]

21 minutes ago, easilyscan said:

I'd like your opinion on the following.  

I've held AWK since 2011. On March 10th I sold June 20, 2025 $165 calls because it looked like panic buying.
Looked like a genius because it dropped substantially over the next week or two. Then it started to recover. If I understand, a golden cross occurs when the 50 day MA meets & goes above the 200 day.

I don't know if the fact that the 50 has reached the 200, but not risen above, officially makes it a golden cross ? 
Does the fact that it had such a long red candlestick (Bearish) on Friday have any influence ? 

https://www.imagebam.com/view/ME10UWHQ

These are held in a taxable account, & in my situation, if all 400 shares were called away @ $165, it would be disastrous for my 2025 tax liabilities & health care insurance.

Death/Golden Cross are lagging indicators. I assume you are using other indicators?

Not sure what you're asking. I think the market continues to go down and this stock will too.

ETA - Options are scary to me. I only gamble with them. Even if you're right the market can and will make you pay.

[easilyscan 902]

16 minutes ago, Cdub100 said:

Death/Golden Cross are lagging indicators. I assume you are using other indicators?

Not sure what you're asking. I think the market continues to go down and this stock will too.

ETA - Options are scary to me. I only gamble with them. Even if you're right the market can and will make you pay.

I just wanted your opinion on whether or not the chart looked bullish or bearish to you at this time.

You answered that in the 2nd sentence of line 2.

Thanks

 

[The Psychic Observer 498]

Another bloodbath.  Hate to say I told you so...

[seafoam1 2,867]

8 minutes ago, The Psychic Observer said:

Another bloodbath.  Hate to say I told you so...

You're so dumb. Keep sky screaming timmy 2.0

[Tebok 408]

On 12/18/2024 at 7:07 PM, Death said:

Yes, it dropped like 5 percent, and that was just tariffs announced on China.

I'd imagine it would at least do that again - around 2,000 points - but I would expect more if it's China, Mexico, Canada and other countries, which is why I guessed 4,000-5,000 points.

I hope he's doing his whole "Art of the Deal" schtick, throwing out something horrifying and then negotiating it to something less horrifying.

Today's drop was due to the fed saying it would only cut interest rates twice in 2025.

How can it know that sh!t now?

[The Psychic Observer 498]

12 hours ago, Horseman said:

The fundamentals of investing don't require any guesswork.  Saying things like I'll trust my gut tells everyone you really don't know what you are doing.  

[Horseman 2,433]

1 minute ago, The Psychic Observer said:

You missed my point, obviously.  You don't need to gamble if you follow the fundamentals. You're protected by diversification and the hundreds of years of the market increasing 10% per year on average. Then you tare advantage of market swings by rebalancing and dollar cost averaging in new monies and a whole host of other more technical proven techniques that you probably arent smart enough to understand. 

But hey, it's great you guessed right!!!!  Of course you won't post every time you've guessed wrong. But I have a bit of bad news for you:  You'll never get the best return being all cash when the interest rate is less than 10%.  Over time, never.  It's simple things like that that tells everyone you don't know what you're doing.  

[Tebok 408]

Dow futures down 1,600. Tomorrow is going to be a bloodbath.

[The Psychic Observer 498]

22 minutes ago, Horseman said:

You missed my point, obviously.  You don't need to gamble if you follow the fundamentals. You're protected by diversification and the hundreds of years of the market increasing 10% per year on average. Then you tare advantage of market swings by rebalancing and dollar cost averaging in new monies and a whole host of other more technical proven techniques that you probably arent smart enough to understand. 

But hey, it's great you guessed right!!!!  Of course you won't post every time you've guessed wrong. But I have a bit of bad news for you:  You'll never get the best return being all cash when the interest rate is less than 10%.  Over time, never.  It's simple things like that that tells everyone you don't know what you're doing.  

If investing for dummies works for you then great.

Those of us that have ability to read trends and macroeconomic events prefer to take a different approach and increase our returns.

[jbycho 722]

1 hour ago, The Psychic Observer said:

If investing for dummies works for you then great.

Those of us that have ability to read trends and macroeconomic events prefer to take a different approach and increase our returns.

And yet, you're a sky screaming liberal who's going to lose his shirt by making very bad financial choices in life. You go girl. 

[The Psychic Observer 498]

President Donald Trump said Sunday evening that he is not intentionally engineering the ongoing sell-off, “but sometimes you have to take medicine to fix something.”

[Cdub100 3,871]

all at once...

[Grace Under Pressure 84]

Your guy did this. Good job gullible dopes 

[The Psychic Observer 498]

Japan’s benchmark Nikkei index plunged more than 8% on Monday, deepening a global stocks rout triggered by US President Donald Trump’s trade war.

[jbycho 722]

3 minutes ago, The Psychic Observer said:

Japan’s benchmark Nikkei index plunged more than 8% on Monday, deepening a global stocks rout triggered by US President Donald Trump’s trade war.

You poor guy. You must be hurting. 

[The Psychic Observer 498]

19 minutes ago, Grace Under Pressure said:

Your guy did this. Good job gullible dopes 

Get ready for orange Monday 

[CaptainObvious1 358]

2 hours ago, Tebok said:

Dow futures down 1,600. Tomorrow is going to be a bloodbath.

Good luck with your 10 shares of stock in some cat food brand

[easilyscan 902]

Batten down the hatches

https://www.cnbc.com/pre-markets/

[jbycho 722]

13 minutes ago, CaptainObvious1 said:

Good luck with your 10 shares of stock in some cat food brand

He may lose his whole $12. 

[Tebok 408]

2 minutes ago, easilyscan said:

Batten down the hatches

https://www.cnbc.com/pre-markets/

Under Biden, we had the best economy since Reagan, with rock-bottom unemployment, inflation in check, exploding job growth, ass-kicking consumer confidence and GPD, a record stock market and all the important leading indicators underscoring the economy's awesomeness.

And it no time at all, that focking orange money destroyed it and put us on a course of worldwide economic hardship.

It's only going to get worse. Other countries will just start trading around us, and everyone else on Earth will benefit as we wallow in recession and perhaps even something to rival The Great Depression.

This is what you idiots voted for.

[jbycho 722]

1 minute ago, Tebok said:

Under Biden, we had the best economy since Reagan, with rock-bottom unemployment, inflation in check, exploding job growth, ass-kicking consumer confidence and GPD, a record stock market and all the important leading indicators underscoring the economy's awesomeness.

And it no time at all, that focking orange money destroyed it and put us on a course of worldwide economic hardship.

It's only going to get worse. Other countries will just start trading around us, and everyone else on Earth will benefit as we wallow in recession and perhaps even something to rival The Great Depression.

This is what you idiots voted for.

Same guy who for years claimed presidents don't affect the stock market. 

[Tebok 408]

15 minutes ago, CaptainObvious1 said:

Good luck with your 10 shares of stock in some cat food brand

I have a diverse, seven-figure portfolio that's expertly set up to take advantage of market downturns. 

Suck on that and swallow.

[CaptainObvious1 358]

1 minute ago, Tebok said:

I have a diverse, seven-figure portfolio that's expertly set up to take advantage of market downturns. 

Suck on that and swallow.

From your newspaper job in Beaumont?  LOLOLOL.  You probably have a 9 inch pecker and claim to be married to a super model too, right?

[jbycho 722]

2 minutes ago, Tebok said:

I have a diverse, seven-figure portfolio that's expertly set up to take advantage of market downturns. 

Suck on that and swallow.

 A failed newspaper guy now an old cat lady. 

[Tebok 408]

Just now, jbycho said:

Same guy who for years claimed presidents don't affect the stock market. 

Oh, so you're giving credit to Biden for the stock market hitting records during his administration?

 

[Tebok 408]

1 minute ago, CaptainObvious1 said:

From your newspaper job in Beaumont?  LOLOLOL.  You probably have a 9 inch pecker and claim to be married to a super model too, right?

Um, never worked for a newspaper. Never been to Beaumont. 

Stop fantasizing about my pecker.

[jbycho 722]

Just now, Tebok said:

Oh, so you're giving credit to Biden for the stock market hitting records during his administration?

 

You are the one blaming the president. Not me. 

[CaptainObvious1 358]

1 minute ago, Tebok said:

Um, never worked for a newspaper. Never been to Beaumont. 

Stop fantasizing about my pecker.

[jbycho 722]

3 minutes ago, CaptainObvious1 said:

From your newspaper job in Beaumont?  LOLOLOL.  You probably have a 9 inch pecker and claim to be married to a super model too, right?

She claims to have cats and lives off the government.

[jbycho 722]

2 minutes ago, Tebok said:

Um, never worked for a newspaper. Never been to Beaumont. 

Stop fantasizing about my pecker.

Poor Rusty is hurting bad. 

[Tebok 408]

Just now, jbycho said:

Poor Rusty is hurting bad. 

RDS.

[jbycho 722]

Just now, Tebok said:

RDS.

Ok rusty. You are very consistent with your ignorance. 

[easilyscan 902]

11 minutes ago, Tebok said:

Under Biden, we had the best economy since Reagan, with rock-bottom unemployment, inflation in check, exploding job growth, ass-kicking consumer confidence and GPD, a record stock market and all the important leading indicators underscoring the economy's awesomeness.

And it no time at all, that focking orange money destroyed it and put us on a course of worldwide economic hardship.

It's only going to get worse. Other countries will just start trading around us, and everyone else on Earth will benefit as we wallow in recession and perhaps even something to rival The Great Depression.

This is what you idiots voted for.

easilyscan: knock knock

tebok: Who's there ?

easilyscan: Go fock yourself

 

 

[easilyscan 902]

12 minutes ago, Tebok said:

I have a diverse, seven-figure portfolio that's expertly set up to take advantage of market downturns. 

Suck on that and swallow.

You seem to be getting awful emotional for a guy who has his finances set up so well. 

[thegeneral 3,065]

6 hours ago, Horseman said:

A - If it's not an opportunity why are you buying and advising others to buy. 

B - Other than a Gepetto conspiracy post you're the only one who has mentioned Trump on this page. You should get that TDS checked out.  

It’s an opportunity created by a fockup

Its like saying a car crash is a great opportunity to get some body work done.

Excellent work Donald!

[The Psychic Observer 498]

Japanese and Chinese markets are down 8% and 13% respectively. Black Friday in 1929 was -11%. Today could easily be the worst crash in American history.

The worst thing? It’s 100% intentional.

[The Psychic Observer 498]

Orange Monday: The global stock market is collapsing. 

Hong Kong -13.6%

Taiwan -9.6%

Japan -9.5%

Italy -8.4%

Singapore -8%

Sweden -7%

China -7%

Switzerland -7%

Germany -6.8%

Spain -6.4%

Netherlands -6.2%

Australia -6.2%

France -6.1%

UK -5.2%

[Maximum Overkill 1,851]

34 minutes ago, The Psychic Observer said:

Orange Monday: The global stock market is collapsing. 

Hong Kong -13.6%

Taiwan -9.6%

Japan -9.5%

Italy -8.4%

Singapore -8%

Sweden -7%

China -7%

Switzerland -7%

Germany -6.8%

Spain -6.4%

Netherlands -6.2%

Australia -6.2%

France -6.1%

UK -5.2%

You can take Taiwan off that list, we Won Taiwan!!! They folded like a cheap suit. 

[The Psychic Observer 498]

3 minutes ago, Maximum Overkill said:

You can take Taiwan off that list, we Won Taiwan!!! They folded like a cheap suit. 

You're saying the Taiwan market didn't lose 9.6%?