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Stock Market
- Thread starter pmclaine
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Stock market is being manipulated, they buy, buy, buy, until the prices top out for the day, then sell, sell, sell...and blame it on the topic of the day. A new roan strain, OMG the fed is gonna raise interest rates...ect. They are skimming off the top, so us little guys take the hit. I don't trade daily, I let that shit ride.
Same here, though I did take a bath on Tesla a few weeks back. But it all feels like it's gonna come to an end some day soon. Just a vibe I get, nothing scientific about it.
pmclaine
Picking up where you left off two years ago..... You were correct. The market was due for a correction. What happened was the US Government funneled in Billions of USD's ($)..... That allowed the market to climb rather than correct.I have been watching how Hong Kong and Japan / Hang Seng (HK:HSI) moved during the past two years. The HSI did correct.
The chart below shows the HSI in Black and the SP500 in Gold color. If my hunch is correct, the SP500 will decline and the HSI will increase. Should be an interesting time when the two lines cross.
JMHO
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There has to be a radical correction, and soon.
Expansion is how profits are made, you have to sell more tomorrow than you did today.
With prices only going up, and fast, no one will be able to buy anything....very soon.
If no one is buying, no one is selling, does not matter the product, service, or resource.
Expect volatility first, big money will try to manipulate to keep prices on upward trend.
Prices will swing heavily then crash.....big money cannot fake it forever.
Expansion is how profits are made, you have to sell more tomorrow than you did today.
With prices only going up, and fast, no one will be able to buy anything....very soon.
If no one is buying, no one is selling, does not matter the product, service, or resource.
Expect volatility first, big money will try to manipulate to keep prices on upward trend.
Prices will swing heavily then crash.....big money cannot fake it forever.
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Two years ago I started that post with "I am optimistic".
Since than I have been fired, lost my pension, don't make enough money yet to contribute heavy in my 401K like I did,....life has basically changed much like I never would have guessed.
Had the gov left things alone in 2008......we might have some semblance of the country as founded.
Nope we wanted Hope and Change.
Perhaps you meant "Superstonk" (drop the plural 's" at the end).
I love it when a site is recommended and the first line I read while scanning the comments is:
I scraped together my last remaining disposable income for a buy on Friday.
Nothing there appeared to be eye opening.
Warren Buffett
Berkshire hasn’t bought a share of American Express since the late 1990s, but its percentage ownership has steadily crept up to 19.97%, as of Feb. 3, the date of American Express’s 10-K report, from 11% in 2002, as a result of stock buybacks by the big charge-card company. American Express had 759.4 million shares outstanding on Feb. 3.
Follow the money. With a recession looming, Warren knows consumers will be buying on credit.
www.barrons.com
Berkshire hasn’t bought a share of American Express since the late 1990s, but its percentage ownership has steadily crept up to 19.97%, as of Feb. 3, the date of American Express’s 10-K report, from 11% in 2002, as a result of stock buybacks by the big charge-card company. American Express had 759.4 million shares outstanding on Feb. 3.
Follow the money. With a recession looming, Warren knows consumers will be buying on credit.
Berkshire's Stake in American Express Is Nearing 20%. How That Helps Buffett's Flagship.
The rise could prompt an accounting change by Warren Buffett's conglomerate -- one that would boost annual profits by more than $1 billion.
Played INTC for many years. It's comfort zone is between $20 and $40. It will run there again.
Huge Capex taking place, ~$40B in FCF by 2025; it isn't going to $20 or near it.
We will see.... The INTC Specialist calling the shots is comfortable in that zone. If you follow it close enough you can tell when he steps out to have lunch and his assistant will run it flat until he returns.... The deck is stacked. The movement between 20 and 40 is way to slow for a trader to make money... Having worked inside the INTC fabs, I know the psychology being played out with the INTC employees... Watched INTC send out memos to older employees offering the golden Handshake.... Take this deal or your position will be eliminated... Been there, watched it unfold. WHIP turn time is what it's all about in the FAB's... It's your money to play with.
Nice "Dead Cat Bounce" for ENPH. 120 to 180 to 120....... Made a lot of money for the traders, both on the way up and on the way down... Now where will it go ? Perhaps plateau until the smoke clears.
Who knows... I don't find myself trying to time the market.
Today's TSLA purchases are up 6% and ENPH around 17%.
I bout so many 02/25 $425 spy calls at market open. Took profits at $427. Gonna have a good weekend.
ENPH interest me........ A lot of business competition, all basically selling the same products. Examples:
The main competitors of Enphase Energy include Eaton (ETN), Emerson Electric (EMR), Roper Technologies (ROP), Rockwell Automation (ROK), AMETEK (AME), Generac (GNRC), II-VI (IIVI), Acuity Brands (AYI), Vicor (VICR), and Franklin Electric (FELE).
It almost seems like there is one of the cult groups of day traders moving the share price simply to make a profit on the trades rather than the products ENPH offers. The moves it makes are contrary to the markets. Almost would fit with Cathie Wood / ARC portfolio.
The market must move (up or down) for the player's to make money. It will be very difficult for ENPH to get back to around 240 with the traders playing with it.
JMHO
The ideal situation is that I can continue to build my base in the $100-$140.
Today would appear to be the inverse corollary of the "buy the rumor, sell the news" theorem.
I like that zone... Should be comfortable. What perks my curiosity is looking back at 2/9/2022 and seeing a staggering amount of volume. I let all my technical charting programs go so it's difficult for me to see what happened that day. A big volume player like that spooks the long term holders... ENPH seems to ignore all of the news. With everything going on I figured it would run flat today... but it did not. Interesting
It will be interesting to watch ENPH navigate the mine field of inflation, government regulations / taxes and competition. I have not seen where their "process" is patented. The heavy hitter's of their competition could be waiting for ENPH to work out the bugs before they compete with them or simply buy them out. Batteries / storage is still the thing that hobbles all of the EV's and solar systems. Only the insiders will know. Watch their insider purchases for the tip off.
Tea leaves
www.zerohedge.com
ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
I would short ENPH @ 182.09.... Right where it is at the moment.
| Last: 182.09 | Change: 
| Open: 160.00 | High: 182.65 | Low: 158.95 | Volume: 4,002,931 |
| Percent Change: +14.66% |
Black Swans are circling...
www.cnbc.com
Two factors that could make the Federal Reserve do an 'about-face' on interest rate hikes
The Fed's plans to raise rates could get scuttled due to spiking market volatility and growing pessimism about the economic outlook.
LOL.... Follow the money
Caterpillar stock jumps to lead the Dow's gainers after Jefferies calls it a 'strong hedge' against commodity inflation
Caterpillar stock jumps to lead the Dow's gainers after Jefferies calls it a 'strong hedge' against commodity inflation
AMERICAN COMPANIES OPERATING IN RUSSIA | Association of Accredited Public Policy Advocates to the European Union
In total there are almost 3,000 American companies in Russia, and the U.S. is also the leader in terms of foreign companies in Special Economic Zones, with 11 projects.
www.aalep.eu
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I'm not sure this is always true on the 3rd part. During the great stock market crash some companies did not make it out the other side I am sure. I am sure some people weathered and hit the lottery, but I doubt that was the majority.
So to come out the other side of a huge downturn or depression you have to be able to ride it out and you have to guess correctly. Hardly a solid footing it sounds like.
Or, buy a broad index fund when it's all down. VTSAX or QQQ for example.
I'm not seeing anything. Looking at a 12 month down trend... but, another pandemic could change the picture. Is Cathie Wood looking at it ?
Goldman Sachs cuts its S&P 500 outlook for the second time in a month
Goldman Sachs cut its S&P 500 year-end target for the second time in a month because of slower-than-expected economic growth.
I haven't updated this since Sept. 2021... figured it is time for an update.
Cash/(Margin) = investment account holdings only
Cash/(Margin) = investment account holdings only
ENPH -14.5% today.. $155.46 daily lowI would short ENPH @ 182.09.... Right where it is at the moment.
Last:
182.09
Change:
+23.28
Open:
160.00
High:
182.65
Low:
158.95
Volume:
4,002,931
Percent Change:
+14.66%
No fear... ENPH will stair step down until sentiment improves...
The traders here will understand this... "I would play ENPH against the box"....
Cuts down on research to track one both up and down. I suspect there is a lot of that going on now.
It's all about movement.
OK, in general.... A lot of big money is poised to do well when the recession hits... Other big money is moving into recession proof areas of the market. The down trend started 11-15-2021 so it is established... Doubtful it will fall as quickly as people think. Probably take another 5 months for NASDAQ to drop to 10,000... JMHO
DOW will do better than NASDAQ because so much foriegn money is joing into things like DOW index funds.
Too many outside factors for anyone to pin it down.
Some interesting, long term hedging going on. A warning sign of times to come:
Reuters) - AMC Entertainment said on Tuesday it would invest $56 million in gold and silver producer Hycroft Mining Holding Corp along with Canadian fund manager Eric Sprott, a move the theater operator's CEO said would help the company diversify.
news.yahoo.com
Reuters) - AMC Entertainment said on Tuesday it would invest $56 million in gold and silver producer Hycroft Mining Holding Corp along with Canadian fund manager Eric Sprott, a move the theater operator's CEO said would help the company diversify.
Movie theater operator AMC invests in troubled miner Hycroft
(Reuters) -Movie-theater chain AMC Entertainment Holdings Inc said on Tuesday it agreed to buy a large stake in Hycroft Mining Holding Corp for $27.9 million, capitalizing on its popularity with retail investors to provide a financial lifeline to the troubled gold and silver mine operator...
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