Money & Economics

The SPCX game ..

Passive buyers of the index are gonna need to buy in ..



Which is partly why I’m not holding. Like dancing on a land mine.

I got lucky yesterday, saw the relatively low key blurb about release of earnings early, guessed they would only do so if earnings were great, and timing, tech stocks in general needed a boost to keep the charade going until after the midterms.

This will pressure the passive buyers to buy in as the video suggests. That should push it even higher.

I probably missed upside for today (Wednesday ) but when you make roughly 10% in a day in anything let alone a tech stonk, in current markets, taking profits is a comforting feeling

At 6:10am I’m seeing futures at $160.34 just slightly above my sell point at $160.25

I’ll buy back in below $155 if they let me

Like to see @MikeLud1 ’s analysis about where he sees it going
 
 
  • Sad
Reactions: johnfitz
Out of SCHD at $34.61
I just cant watch that slow drop again right now and tie up money

Still in IBIT
 
No, I'm still in it :)
 
  • Like
Reactions: Chokolinho
Should I buy another 100 or 2?
 
Which is partly why I’m not holding. Like dancing on a land mine.

I got lucky yesterday, saw the relatively low key blurb about release of earnings early, guessed they would only do so if earnings were great, and timing, tech stocks in general needed a boost to keep the charade going until after the midterms.

This will pressure the passive buyers to buy in as the video suggests. That should push it even higher.

I probably missed upside for today (Wednesday ) but when you make roughly 10% in a day in anything let alone a tech stonk, in current markets, taking profits is a comforting feeling

At 6:10am I’m seeing futures at $160.34 just slightly above my sell point at $160.25

I’ll buy back in below $155 if they let me

Like to see @MikeLud1 ’s analysis about where he sees it going
I am thinking it is going to pullback to about $152-153

1792607745692.png
 
  • Like
Reactions: bigredfish
We're not far apart
 
  • Like
Reactions: MikeLud1
 
  • Wow
Reactions: johnfitz
New lows every day

 
  • Wow
Reactions: johnfitz