Where's the top?

Discussion in 'Trading' started by Buy1Sell2, Mar 9, 2021.

  1. %%
    I MAKE sure to trade stuff like that smaller\because while i like XLE sector, they tend to be underperformers [except this year/LOL]. The oil/gas business is a fun read, made more with TQQQ,QQQ,QLD,sqqq,tecs............ Cut a partial loss on sqqq today\with low or no comissions it pays me to get out + maybe get back in late today of FRI??
    Strange but as of JAN 4th open to todays open/ QQQ was up;
    QLD = negative;
    TQQQ even more negative %, year to date/MAR 11,2021 .CUT a loss on SDS also,which was about[- 10]; +0 .3% gain on SPLV. SPLV doesnt move as much anyway, good bottom finder,this week anyway..................................................................................................NOT a prediction+ seldom buy underperformers like splv/LOL:D:D:D:D:D:D,:caution::caution::caution:
     
    #51     Mar 11, 2021
    KCalhoun likes this.
  2. Buy1Sell2

    Buy1Sell2

    Won't the money be worthless at some point?
     
    #52     Mar 11, 2021
    murray t turtle likes this.
  3. S2007S

    S2007S



    Yea but it doesn't matter. Stocks only go up and there is no such thing as inflation
     
    #53     Mar 11, 2021
  4. %%
    Could but most likely WOULD not. WHY?? Because bit con is a con,peso looks cool but not as liquid.
    Most of the world wants US dollars/besides sliver /gold , copper/nickel are easy to exchange for Fed reserve notes ,stocks,ETfs,or vice versa...................................................................................................Good question.
     
    #54     Mar 11, 2021
  5. Buy1Sell2

    Buy1Sell2

    What do you think-----is the top in now?
     
    #55     Mar 19, 2021
    murray t turtle likes this.
  6. %%
    WELL ,SPXL,upro, sure put in a weekly top/LOL But strong FEB ,MAR, uptrends,so far\about 5 hours until market close.
    QQQ , took out the monthly low/but looks good on weekly charts.
    [Dont know if this affects market?? But Dr/Senator Paul rebuked fake Faucci again, on wearing 2 masks;'' you are making policy on theater?,??? ''LOL:D:D:D:D] Good question.
     
    #56     Mar 19, 2021
  7. Nine_Ender

    Nine_Ender

    I suspect everything that occurred Thursday afternoon will reappear on Monday morning. Option expiry today is an issue but I'm seeing a slow creep up on Gold, Silver, Copper and Oil bounced back a little. Anyone without any metal exposure might look for any bargains at the close imo.
     
    #57     Mar 19, 2021
    murray t turtle likes this.
  8. %%
    Actually, buy monday[because its down\LOL] tends to be a stock index/ETF money maker over time. OF course we've seen SPY,QQQ/QLD .....gap up/close up 4 mondays in a row, also.
    I took a profit today on tech 3X l inverse etf.
    XME [metals + mining ] is still making a good uptrend/not in that right now..................
     
    #58     Mar 19, 2021