what was working well for the last 6-8 months isn't working well now. i decided to average-down rather than sell... hopefully not a big mistake. i can't figure out what the play is. looks like a mix of big-tech and quality is outperforming.
Freakin Nailed It! Sprout Social, Inc. (SPT)- $3 scalp! NasdaqCM - NasdaqCM Real Time Price. Currency in USD Add to watchlist Visitors trend2W10W9M 55.30+1.41 (+2.62%) As of 3:10PM EDT. Market open.
Well nailed the concept I clumsily only got $2.20.... WELL GUESS WHO JUST GOT A PHONE CALL AND APOLOGY FROM CHASE BANK -!!!! TURNS OUT THEY DO WANT ME. THEY DO WANT ME.... BUT really curious they called and asked for my 17 year old son. The system is so backwards he's listed first? And then they kick me out? WEIRD! I went on a major 2 minute rant... very nice lady we had a chuckle together after... I told her no one ever calls my son here I thought he might have a girlfriend...I mean that as a compliment (I could tell she was 45+) I'm back on board w/ Chase... WOW WHAT STRESSFUL WEEK!!!! TIME FOR A WEEK IN THE COUNTRY AND THAT TRICKY SEPTIC SITUATION Now I just hope that email to Jamie Dimon REALLY didn't get through....
I sold my PRGR $10s at $1.75-$1.85(only 4 on Philly). Might hit $10 AH, holding some common if it pumps. How did GME work out, insane stock! Adding to LH than.
I think this is a dead cat bounce and tomorrow is going to be red af. Never catch a falling sword. Or chainsaw for that matter. Tech is going lower tomorrow.
There is this feeling that stocks that are heavy industrial, cyclical stand to benefit here. We are in the dying throes of this bull rally. Some time ago when we had a first sharp break we said this is it if you expect to buy and hold and make money over the year... Spasmodic rotation from here until the whole house goes down. GDP is going to be VERY hot the bond yield thing will happen again and Oil should go way up. Kind of watching Oil as a tell.. Nucor is it sexy? No. But we have to change the type of stocks we are buying and buy some that might get swept up in infrastructure spending or our Economies show of strength & healthy GDP-- Exports... I'm still trying to figure it out. Luckily I have guys that buy all these boring names. Allowing me to fixate on the Phantasma what's concerning is truly good earnings are being sold off now.. so you can't win. And the IPO market needs to be taught a lesson... so that all has to blow up. It's unfortunate. What I don't like is I've already heard the first idiot say on CNBC pocket your gains and take the summer off.. we don't need that kind of thought-! It's dangerous, it's tempting and leads to cascading summer selloffs... Of which I have lived through MANY!! <-- worst time. Much prefer the term " summer rally. "
You mean PRQR right? I looked at it and I should have listened. It held the $8's just like you said. I had a chance to get in right at that little dip below $8 and didn't. These bio's scare me, but as usual, you were right on this one.
When the options were pouring out it was time to exit. Same thing happened with SVRA last week. The $2.50s grabbed at $.2-.$40 stock goes from $2-$3.30, options stall out at $1.30 drop to $1 even after SVRA took out $3.50 options just sat. End of the day they were $.15 eventually $0. Options tell a story I am learning.