**OFFICIAL** Trading and Investing Thread- Part -IX-

[Ice-9]

Fun fact: market has only been negative in three election years since 1932.

[White-Belt]

Futures considerably down, Chinese markets reacting poorly to another weak round of manufacturing data.

This could be setting the tone for the year.

Imo this is the year for selling the rip on the main indices - obviously new highs invalidate that lolz

[TradingDreams]

Just do it

Srs

I have a mentor and this is what he told me to do.

[KingsBruh]

China down 7 percent pre open. Absolutely insane.. Would the next couple days/weeks be the time to buy some stocks for long term?

[lowstrife]

China closing below support in what looks like a pretty nasty bear flag.. not a good way to start the week. I wonder if they have more to go in blowing off this bubble.

https://www.tradingview.com/x/1VtsK0In/

lmao Venom banned.

New Year's resolution: Make a $1,000 w/ options


I think we will be in for a volatile week that will set the tone for the next couple months. Some earnings reports coming out as well as some economic data. Historically January is typically a down month right?

$1000/week?

@OP....

Setting an arbitrary goal of returns is a recipe for failure. Setting expectations to get returns from the market never works, you only trade opportunities as they come up. You can't force them. The moment you start chasing daily or weekly goals is when you loose sight of a good trade.

[poopman123]

Alright start the new year and continue my portfolio in the red!

And my question of the year continues;

"Will the Dow ever hit 18k, Nasdaq 5k, s&p 2.5k and just stay/go up?"

[bee su]

havent posted here in awhile. rip trebel ban. what he do? rip gab too.

have healthcare and medicine in ports currently.

[ifitness1]

This is just giving the funds a chance to stock up on cheap shares for the year

[KingsBruh]

Pulled the trigger. Bought a bunch of NFLX and AAPL. Will hold and sell once they hit 120. At 102.80 and 106.60 respectively at this moment. No stop loss

[mk8]

Bloody day

[SwissRicola]

going on a spree right now, feelsgoodman

[White-Belt]

going on a spree right now, feelsgoodman

Will it feel good a week or month from now. Errrryone feels good entering a position

[hippoknees]

If I hit 50 ticks this week (on sim) on CL I will go live in my account the following week. Pretty nervous brahs.

Don't you have a tiny account? A good losing streak will wipe you out if you trade the big CL contract. Or at least hurt you psychologically.

[cnatboy]

GSI and SYPR had pretty crazy moves this AM, lot of halting going on.

[White-Belt]

havent posted here in awhile. rip trebel ban. what he do? rip gab too.

have healthcare and medicine in ports currently.

He prob asked for the prime minister of a sex tape lol

[BlondeRod]

He prob asked for the prime minister of a sex tape lol

My inbox is peppered

[jackedguy87]

smart money has been selling. btw u.s. data has been just as bad as china's an industrial recession is here manufacturing contracting for months last chicago pmi came in at 43, 48 before that. new york, philly, dallas manufacturing all contracting for months. industrial production negative for 11 months straight. national manufacturing PMI started at about 55 jan last year has slowly been weakening today came out at 51 lowest in 4 years. ISM manufacturing nationally contracted today second month in a row. service sector has also been weakening now, add to that falling earnings, productivity this means future job losses.

recession is looming and all this data was pre the rate hike the data has never been like this outside of a recession...perfect time to hike rates!

atlanta fed now estimates .07 4th quarter gdp growth. that would be a total annual gdp growth of 1.5% well below 2014's 2.4% and of course there will be revisions

[fadetoblack1]

smart money has been selling. btw u.s. data has been just as bad as china's an industrial recession is here manufacturing contracting for months last chicago pmi came in at 43, 48 before that. new york, philly, dallas manufacturing all contracting for months. industrial production negative for 11 months straight. national manufacturing PMI started at about 55 jan last year has slowly been weakening today came out at 51 lowest in 4 years. ISM manufacturing nationally contracted today second month in a row. service sector has also been weakening now, add to that falling earnings, productivity this means future job losses.

recession is looming and all this data was pre the rate hike the data has never been like this outside of a recession...perfect time to hike rates!

atlanta fed now estimates .07 4th quarter gdp growth. that would be a total annual gdp growth of 1.5% well below 2014's 2.4%

15% of my portfolio is in gold/silver (over $12k+ in metals) So I am all for metals. I agree with a lot of what you say.

From street level the economy looks great. Everyone I know is buying new cars, houses, boats, fancy restaurants are 2 hour waits in the weekends. A few years a go it was the opposite.

Just loaded up $5500 worth of VTSMX today.

[TradingDreams]

Some nice moves to be had on CL today. Ended up +50 ticks, so Im happy.

[Solidarity]

I am skeptical about getting into AAPL until it breaks out of the pennant and shows strength. I can see it testing the fib support @ ~95 if it breaks downward.

[ctownballer04]

Down >1K on first trading day of the new year. Great start!

[Slamt]

BTFD!!!! Just not on AMZN rofl

[woodbarry]

Yeah lmao what gives with Amazon??

[jackedguy87]

its no coincedence the stock market has been in a downtrend since the fed ended qe, raising rates will just exacerbate the situation. if you contrast the s&p 500 to the feds balance sheet since 2009 youll see they moved in tandem.

reality is even though we had that rally off the lows last year, the market failed to make new highs and has rolled over again ended the year negative. today is the worst start to the new year in 84 years. I would not go long until the fed changes course or hints they are changing course we could easily drop another 10% from here over the next few months.

[mk8]

its no coincedence the stock market has been in a downtrend since the fed ended qe, raising rates will just exacerbate the situation. if you contrast the s&p 500 to the feds balance sheet since 2009 youll see they moved in tandem.

reality is even though we had that rally off the lows last year, the market failed to make new highs and has rolled over again ended the year negative. today is the worst start to the new year in 84 years. I would not go long until the fed changes course or hints they are changing course we could easily drop another 10% from here over the next few months.

relax boo

[TradingDreams]

Took another trade, made another 9 ticks. so +59 on the day. Nice start to the week.

This is my thread for those interested.

http://forum.bodybuilding.com/showth...hp?t=170002523

[lowstrife]

S&P 500 at 2000 highs when adjusting for the CPI (aka inflation). Now THAT'S interesting. IMO a drop below 1800 (August 24th lows) would be a very bearish signal for the markets.

[woodbarry]

Well I bought an Amazon call early today @a strike of 662.5. Hoping the bftd will work and by Friday it will take care of itself. Luckily I bought near the low so I haven't lost too much on it yet. Tempted to put a stop on it, but I think market swings would reck me and take out almost any stop I put in place. Already set alerts and I'm going to try to keep my losses below 20% of initial investment. Upside I would sell at 100% or if I think it could run(highly doubt it) I'd set a sell trigger at 75% win. In my thinking there should be a decent bounce tomorrow to hopefully 650+ and I should be able to lock in a decent profit. Kicking myself now for choosing Amazon instead of Apple or Netflix but you never know and I didn't want to have too much money sitting in my options. Still holding Walmart which fared well today.

[Virus4762]

Seriously don't know what to invest in this upcoming year...everything looks so bearish...won't even be able to get any respite from bonds

[ifitness1]

Added more Apple and valeant today