Go $998 to beat the people who think like you.Update for @Tri4Cy --
Changed my sell to $999 for $GME.
Figured there would be a lot of jokers trying to sell at $1,000.
Gonna beat them to it when this thing pops.
Update for @Tri4Cy --
Changed my sell to $999 for $GME.
Figured there would be a lot of jokers trying to sell at $1,000.
Gonna beat them to it when this thing pops.
I tell my friends this all the time. Humans like "nice" numbers. Look at market "support" lines. It's almost never some completely random number based on valuations. It's often some nice pretty number that is a factor of 10. I try to avoid trades at those "pretty" numbers. If your selling on the down side, go up a couple bucks. If you're selling on the climb, go under a couple. If you look closely at some of these more volatile trades you'll often be able to pick out some volume spikes at those pretty numbers when peoples limit orders are triggered.Go $998 to beat the people who think like you.
I’m too afraid to look right now..Soooooo, where'd all my money go?
What?You don’t print and hand out that much money and not expect inflation to hit. Or shouldn’t.
Basic economics. Supply and demand.What?
The 1.9 is what is moving the market now. Powell talked about inflation today and needing to raise rates. (That is what increasing the money supply does). That in turn moved the market down. Sooner or later the Fed will have to do something with interest rates and that is what has the market concern. We are above numbers from a year ago but still have high unemployment. If interest rates start going up, we could have a slight 70s look to our economy.I'm a little concerned that the $1.9T stimulus and the $1,400 checks aren't moving the market. The uptick in rates is making wall street very nervous. Biden might want to start talking about the $2T infrastructure deal...
Wait until 1st quarter bond fund statements go out and those people who felt "safe" from stock market declines.You don’t print and hand out that much money and not expect inflation to hit. Or shouldn’t.
You can only do so much in the long-term to disconnect consumption from the productive capacity of an economy. We're starting to explore those outer limits now. When you hit them, something has to give, either raising taxes, reducing spending, more inflation (which itself is more-or-less a tax), or higher interest rates (ditto).The 1.9 is what is moving the market now. Powell talked about inflation today and needing to raise rates. (That is what increasing the money supply does). That in turn moved the market down. Sooner or later the Fed will have to do something with interest rates and that is what has the market concern. We are above numbers from a year ago but still have high unemployment. If interest rates start going up, we could have a slight 70s look to our economy.
Yep, tempted as well.AAPL under $120. I grabbed some more.
Yeah I was eye balling that. Going to do the same.AAPL under $120. I grabbed some more.