Some stocks experiencing quoting issues and appear to be down big & halted… No fundamental reason for this, likely a technical glitch.
$PLTR $NIO $SHOP $TDOC $UBER
$TSLA Amazing how many people got caught into this downtrend
Rule 1: NEVER hold a stock when it closes beneath its 200D MA consecutively
Rule 2: DO NOT try to catch a falling knife. These drops tend to be 50-80% minimum, or more
#Tesla#stock#ElonMusk
Being a profitable trader requires extreme patience, discipline, and perseverance. If you quit after one or two bad weeks, trading is not meant for you.
Crazy how Cathy Wood of $ARKK quickly flipped from biggest investing genius of all time to biggest clown of the year.
Cathy, how long will it take for you to realize $ROKU is NOT an innovative company?
#Stocks have been crazy lately. Long term positions bleeding nonstop… $NFLX puts really came to the rescue this week.
$QQQ closed below its 30wk, this may be the BEGINNING of a very large decline. “Buying the dip” doesn’t always work (believe it or not)
So as of now, 5% of the S&P 500 accounts for 40% of the index’s weight.
So basically if FAANG’s have a major correction next year, the entire index is going to crash.
We wouldn’t really call this a “market index”
Huge mess today in the market. Yesterday everybody decides they loved tech, today they changed their minds? Absolute mess.
Best thing to do in this market is to stay disciplined and collect premium. Likely more sideways chop to come...
#StockMarket#OptionsTrading
#Facebook decides to pursue a name change to incorporate the metaverse better supposedly..
Who else thinks this is just a stunt to confuse outsiders ahead of the next scandal that will pop up? Drastic pivots like this seem to be acts of desperation..
$FB #name#change
#Stocks still bouncing around resistance, still no clear direction….
Next looks like we’re either going to break above all resistance channels (my bias) OR continue to dip to 200D.
#stock#market#trading