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01-11-2022, 08:43 PM | #12256 |
Veteran
Join Date: Oct 2002
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I picked up some Oneok (OKE) about the middle of last October. It's been rising fairly steadily since then. It also pays a decent dividend.
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01-11-2022, 08:46 PM | #12257 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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You'd have wanted to get in LCID using a buy stop market order at the high of 1-7 or 1-10 as it moved upwards today. If you bought in right now, your technical stop would be around 10%, which is too much risk given current market conditions.
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01-11-2022, 08:48 PM | #12258 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Here’s some setups I’m adding to my watchlist. I’m only trading if the market continues to look green and these confirm. That may happen any time this week but if it doesn’t happen, I don’t force any trades. Currently I will only enter positions with 5% stops or less given how tough the market has been to open the year. Many times after initiating a position, I set my stop to the low of the current day or the day prior, so I'm not using technical stops per say as I'd like to be more conservative currently and have smaller losses if I'm losing and positions move against me.
COOP 42.77 41.61 2.7 DGX 160 154.85 3.2 EXTR 14.67 14.26 2.7 LLY 262.50 255.63 2.6 Super performance is achieved by keeping losses small and preserving capital. I was reading about a professional trader who had 90% gains last year, in what was a tough trading year. He achieved most of those gains in about 6 total weeks, mostly all at the start of the year. |
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01-11-2022, 10:18 PM | #12259 |
MVP
Join Date: Mar 2019
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He probably had some GME or AMC to achieve those gains I would wager and bought and sold at key times.
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01-12-2022, 05:14 AM | #12260 |
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01-12-2022, 09:55 AM | #12261 |
Supporter
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Hard reversal from the open just hot in the last 30 min. Could be filling the gap from the open but not liking the price action. Especially in the QQQs.
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01-12-2022, 10:49 AM | #12262 |
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Join Date: Apr 2007
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Goddamn rain man. I looked at XOM which I had earlier. Guess I should have hung onto it. That’s a hell of a run since the first of the year.
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01-12-2022, 10:54 AM | #12263 | |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $1308491
VARSITY
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Quote:
1. They've been beaten down for about three years. (Ask me how I know that.) So they're cheap compared to other sectors. As money moves out of growth stocks, it's got to go somewhere. 2. The economic recovery is continuing, which is good for oil. 3. Apparently dividend stocks are seen as good hedges on inflation. The only headwind is the move toward renewable energy, but that's a known thing and is built into pricing, I bet.
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01-12-2022, 11:26 AM | #12264 |
Starter
Join Date: Aug 2019
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For those using TC2000 for screening & analysis, just curious which plan you are on? Is their gold plan pretty much required to get any value out of it?
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01-12-2022, 07:18 PM | #12265 |
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01-13-2022, 09:42 AM | #12266 |
Supporter
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Market appears to have rolled over this morning which I was afraid of. The last 3 days were too obvious. We could be in for another run to the downside.
FTR I am looking at the following levels for immediate-term support QQQ - $379ish SPY - $467ish We go below those and bad things man, bad things Last edited by petegz28; 01-13-2022 at 10:08 AM.. |
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01-13-2022, 02:47 PM | #12267 | |
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Quote:
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01-13-2022, 02:56 PM | #12268 |
Supporter
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01-13-2022, 02:57 PM | #12269 |
Kind of a mod
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AMC's almost to the point I could justify a share for the free popcorn.
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01-13-2022, 03:07 PM | #12270 | |
New and Improved
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Quote:
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