***Official*** 2018 Stock Market Thread

[dasherHampton]

Oil is still spiking.

Keep your eye on all things energy today.

 

[DietDrThunder]

What happens if you buy oil futures and forget to sell?

 

[dasherHampton]

Are you planning on buying oil futures?

 

[dasherHampton]

My Micron is finally up like $200.

yay.

Should I cash out?

 

[dasherHampton]

lol EEP got pump and dumped.

 

[dasherHampton]

At this point in time anyone who played OLED properly since the initial drop has probably doubled their money.

 

[FelixDeCat]

My Micron is finally up like $200.

yay.

Should I cash out?

Good. Because I just shorted 100 shares at $61.

 

[woodman1999]

Stupid ABBV.... largest holding by market value is getting smoked... gonna be a bad day...

 

[AznAnarchy99]

Market getting slaughtered today. Tencent is down almost 9%. I wonder if it's a good buy right now for gains.

 

[DietDrThunder]

This market is nuts. I was down $17K on Monday, up 22K on Tuesday, up $500 on Wednesday, and starting off down $12K on Thursday.

 

[woodman1999]

This market is nuts. I was down $17K on Monday, up 22K on Tuesday, up $500 on Wednesday, and starting off down $12K on Thursday.

Obviously tell me to pound sand if you don't want to answer, but are you very concentrated in certain positions/sectors that are driving the wild swings or is it just your portfolio in general tends to lean one way or the other? Or you just have a ton of money that those swings are actual pretty small on a % basis...

 

[DietDrThunder]

Obviously tell me to pound sand if you don't want to answer, but are you very concentrated in certain positions/sectors that are driving the wild swings or is it just your portfolio in general tends to lean one way or the other? Or you just have a ton of money that those swings are actual pretty small on a % basis...

Hmm, I guess it depends on what you consider a ton of money. I would give you percentage drops/gains, but now that I already posted dollar drops/gains, you'd be able to figure out exactly how much I have invested.

So I guess I'm going to answer all of your questions with one answer. Yes.

 

[JEDI]

ahh.. Trumps trade war might widen to include China in general.

drop drop drop.
as of yesterday, my long term corp bonds is down -4%.
if I didn't sell my large caps to buy those corp bonds in anticipation of a Trump stock market meltdown, I would be up 3.5%.

7.5% swing

down to 6% swing.

drop drop drop
dow 19.9k please!

 

[woodman1999]

Hmm, I guess it depends on what you consider a ton of money. I would give you percentage drops/gains, but now that I already posted dollar drops/gains, you'd be able to figure out exactly how much I have invested.

So I guess I'm going to answer all of your questions with one answer. Yes.

Fair enough.... I'll let my imagination run with it.

 

[FelixDeCat]

Covered my MU short. Long now w/covered call

 

[dasherHampton]

For anyone who believes in Micron - I hope you got in when it was threatening 58 just a bit ago. That was a good entry point.

I just want APA to stay above 37 until close tomorrow. It's all on margin, my cost basis is like 35, just buy me out.

 

[AznAnarchy99]

Tencent at 52, baba was at 185 not too long ago.. damn

 

[dasherHampton]

Professional day traders having a field day with MU leading up to the EC.

 

[JEDI]

and boom.. Dow freefall
-700 (-3%) w/15min left in trading day!!

please let corp bond funds climb today!

 

[woodman1999]

I wonder what happens with MU tonight. Even if the results are off the charts absurd, I bet any gains will be muted.

 

[dasherHampton]

It's a frenzy.

I'm preparing to buy tomorrow. Not saying I definitely will, but I'm preparing for it.

 

[AznAnarchy99]

It's a frenzy.

I'm preparing to buy tomorrow. Not saying I definitely will, but I'm preparing for it.

Huge drop right now but it's recovering.

 

[dasherHampton]

Yeah, if you work for a big player not selling off in step with everyone else can get you fired in a hurry.

If you make the call to hold a stock that plunges aftermarket you might be getting called in for a meeting at 7 AM the next morning.

 

[dullard]

and boom.. Dow freefall
-700 (-3%) w/15min left in trading day!!

This drop wasn't too hard to predict (the exact day was unknown, but the fact that it was likely to happen in March was not surprising). The double bottoms happen all the time:

My crystal ball is blurry, but I think that I'll wait to get in until we reach a classical double bottom (a big drop, followed by a 10% or so gain, followed by a big drop again about a month later). We might not get a double bottom, but it just feels like it will happen this time. I'll wait it out probably until March to see what the longer term direction seems to be.

 

[dasherHampton]

MU down big aftermarket.

Some info leaking out?