I don’t believe it is all relative
I guess we would have to compare the house price/income ratio not the house price alone
OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
I guess we would have to compare the house price/income ratio not the house price alone
Sounds like the will, but I haven't followed the story much. What's the issue between the 2 countries anyway?
I don’t know much other than Russia doesn’t want Ukraine to join NATO since it shares a border with the EU and Russia. Also has something to do with Crimea.
I still lean towards no, especially towards a full scale assault on major cities etc.., but what's the move to save face for Putin? Small scale invasion? But what does that actually mean? I don't know. What's the out?
MSFT closed below 300...move to retest the 275-low 280s level? Sold all the shares I bought in a recent trade at 307 and 310 but willing to possibly reload some in that area if it gets there. Maybe even higher depending on what's going on. Last time I got in 285. GOOGL, AMZN on the radar too.
FB came close to their recent lows too. Some support in the 215-220 and so far has held. Wasn't sure it was going to on the trip down. Thinking about nibbling a little there to average down a bit but haven't yet and 190-low 200s isn't off the table especially if the market remains volatile.
NKE...wondering if that will finally take a little bit of leg down off UAA earnings which were actually good but guidance murky due to inflationary/supply chain factors. Been keeping an eye on that waiting to see if it'll come to me.
FB came close to their recent lows too. Some support in the 215-220 and so far has held. Wasn't sure it was going to on the trip down. Thinking about nibbling a little there to average down a bit but haven't yet and 190-low 200s isn't off the table especially if the market remains volatile.
NKE...wondering if that will finally take a little bit of leg down off UAA earnings which were actually good but guidance murky due to inflationary/supply chain factors. Been keeping an eye on that waiting to see if it'll come to me.
This talk about "holding" support is mostly voodoo. Emotional investors don't care about TA. Also, for the big boys, if the algorisms say sell, they will sell.
You're job is to buy went the price makes no sense (as it doesn't now for most quality companies).
I remember when I first started trading there were a good number of pundits/experts and such that came on tv who said the same. Technical analysis and charting and the rest is all voodoo and mumbo jumbo…I rarely see any of those types now and most everyone probably uses some amount of TA, including the algorithms.
In a down and volatile market, it’s even more prevalent and everyone suddenly becomes a chartist.
I’ve told you before TA, charting and candlesticks etc…if anything can be graphical depictions of that emotion you speak about.
I have a friend who is a lobbyist in DC. As of early in the week he thought it was mostly posturing and was hopeful it would be diffused. Fingers crossed he is right. We don’t need this.
Someone used the analogy of it being the same as Canada joining an anti US Union based on the size of the shared border between Russia and Ukraine. We’d probably have an issue with such a thing
Nay, not really for me. Obviously, I look at charts, but other metrics like PE, PEG, rev, etc. are more important to me that 50 or 200 dma. TA is very big in crypto. I hear about it more there than with the regular market.
That’s part of it too. I don’t use TA alone it’s in combination with metrics like those and fundamentals. Do you not see my posts talking about things like that as well. It’s all in concert not one or the other.
Without it though, I consider it flying blind. You see some examples here of some trades I posted. UL at 46 and thats about where it stopped and I got out of most of it at 51 and 53 areas and where it’s had trouble getting beyond for now. T at 23.65 (around 24 area I mentioned) also about where it stopped and again it’s bounced of that level for a second time. MSFT at 285 (mentioned 280s) slightly above where it bottomed and then I said it could have trouble in the low 300s and sold some at 307 and 310 and it didn’t break out of that area. Now below 300 again. AMZN out of it in 3200s in 2 separate lots. Again an area it wasn’t able to breakthrough. During the pandemic crash I mentioned DIS in the 80s could be a spot to nibble and it bottomed just below in the high 70s. Others like FB and PYPL I gave where they offered a little support but then broke and now hovering in the vicinity of a lower support area. You think these are all coincidences and just random areas. Looking at metrics like oversold conditions or possible divergences can help too with trend changes. Without TA it’s harder to figure out what might be good entry and exit points from a trade. It doesn’t mean you can’t breakdown or breakout but there’s a little bit of a guide of potential spots to pick.
But your MSFT example doesn't make sense. It didn't "hold" because the Fed and Russia tanked the market for the past 2 days. It had nothing to do with MSFT itself.
Obviously, I'm a long holder at heart. I'm keeping MSFT for years and years and years, so getting more at $305 or $295 doesn't matter too much. My stocks only make up 3-4% of our portfolio with funds and ETFs making up the rest. I bought 6 stocks a few weeks ago, but now I'm focused on those leverage ETFs since I believe the entire market is oversold and undervalued, especially established tech.
I'm just not a trader! :)
So when you are adding at $305 or $295 how many shares are you buying at a time?
I have it as well and core positions at much lower levels of stocks I have had for many years, some of which I mention here. I trade in some of those same stocks on top of that. If I’m wrong for the time being they are stocks I’m willing to own if necessary at the prices I bought them. Like I said, I stick with large/megacap names often. I have been tempted by SOFI because of the the many mentions here and love for it and have been observing a little how it’s been trading but so far haven’t taken the plunge. It would also be small amount of capital but I’m conservative by nature so that’s always a psychological hurdle for me if veering away from my profile. Also all this stuff is outside of the usual mutual funds and the like.
As to MSFT, that wasn’t breaking out of the low 300s range even before the last couple days. There were some very strong Nasdaq trading days in there since their earnings and their earnings were good so plenty of gas to move but it didn’t. Frankly, I think that’s a whole market issue rather than a MSFT specific issue. I thought the range of 305 to low 310s could be resistance so first lot I kind of split the difference and sold at 307. Waited a bit to see if it would breakout and it didn’t so next lot I sold into strength at 310. Same kind of deal for AMZN. It doesn’t mean they won’t breakout in the future but I’m looking more in the short term for my purposes of trading.
This kind of market and volatility is good for trading and having some TA knowledge is very helpful. It’s also gives you a good idea of where to put stops should you choose to use them.
That was just an example. I bought about $10k more of MSFT last month (just a couple grand at a time). I started around $305, but got some real cheap in the $280s. My original MSFT purchase last March was $228'ish.
Putin feels threatened by any nearby democracy because basically he’s a dead man if he is ever forced to leave office. Word is that Putin’s goal at a minimum is regime change in Ukraine along with Russia annexing eastern Ukraine.
Oligarch’s gonna oligarch…
So far this war seems to be being pushed by the incompetent Biden administration to distract from their failures.
Why would Putin want war with the West? He's the richest man in the world and has everything to lose. He also know Europe needs the gas so all this posturing around the pipeline is a show.
Why would Putin want war with the West? He's the richest man in the world and has everything to lose. He also know Europe needs the gas so all this posturing around the pipeline is a show.
Last edited:
It’s 2022 - who the hell invades countries?! Seems like posturing and Putin knows Biden Admin is incompetent.
I'm sure things will be figured out with less drama than expected. In the meanwhile, buy the dip and take advantage of irrational emotions.
How would you describe Crimea? More like a merger and acquisition?
Must have been Biden’s fault.
Very different situations but they do share one thing. Neither one is a threat to the US. This a European problem and they should deal with it themselves.
100,000+ troops at the border with Ukraine would argue otherwise, unless you believe that is made up as well.
You advocating for war with Russia?
Also, we didn't defeat Germany alone, the European countries of Great Britain and the USSR played a big part.
West Europe totally dependent on Russia gas and they aren't doing anything about Ukraine. They should be a lot more concerned than we are. Biden is playing this up as a distraction and he wouldn't hesitate to go to war because he is an incompetent sociopath.
We are now officially in bizarro world. Dem wants war and GOP doesn’t. Next you’re going to tell me GOP is for my body my choice.
The parties have merged on most issues. The uni-party wants war, like they always have.
But agree, its interesting that the Dem voters seem to support this while the Rep voters do not.
I think you are mis-reading the situation. WH already said how they will respond. War is not an option. It will be interesting to see how the WH react when China invades Taiwan
I don't think we are going to war with Russia, but I do think the Biden could push it there if he keeps up the BS.
He won't do anything to China if they invade Taiwan besides mean words and sanctions.
Interesting take. I think we get more EU support on Taiwan (against China) than Russia. Let’s hope common sense win out.
”Incompetent sociopath”… I think you got the 45th and 46th president confused. I am not sure if you are one of the ones who think that 45th president is running a shadow presidency.
In the modern day of globally linked economy, strong sanctions can be devastating for a country. Though this has never been tried on this large of a scale, so we shall see.
They will all support Taiwan but I will be surprised if anyone wants to go to war with China on their home court.
Who invades countries ? Russia when the y annexed Crimea a few years ago. Putin is looking to bring back Russia to what it was before they lost the cold war.
None is going to war with Russia in Eastern Europe. My guess is that the US will make sure that US citizens are out of harms way
+1
Guys - stick to the market and don't dive into politics.
Latest posts
-
-
FB Recruiting 2026 ATH Amari Sabb Recaps B1G Visits, Closing In On Decision
- Latest: Christian0007
-
