Stock Market/Investing

HearshotKDS

Well-known member
Joined:
Sep 9, 2012
Posts:
7,728
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Location:
Lake Forest
Here's the daily chart.
1744230790217.png

I was lucky in that I saw the premarket price (sub 490 until last 30 minutes) and thought we were going to open super low so I didnt trade at open. Came back from a meeting at work and saw one of the biggest green candles on SPY ive ever seen. Im hopeful the administration comes to its senses on the tariff plan but I will be keeping almost all of my cash on the sidelines for now - I cant trade in a market where a random tweet at any time can cause historic price swings in a 15 minute period. I do suspect we will see an upwards trajectory until the next stupid thing happens (who knows when that will be), but I need a few more days to allow a new channel to develop before committing to anything.
 

Szlachcic

Well-known member
Joined:
Oct 29, 2020
Posts:
2,069
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Location:
Georgia
My favorite teams
  1. Chicago Cubs
  1. Chicago Fire
  1. Chicago Bears
  1. Georgia Bulldogs
Market Manipulation at its best.

If tariffs are good then why pause? If they are bad, then why this is so much drama.
 

Ares

CCS Hall of Fame
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CCS Hall of Fame '19
Joined:
Aug 21, 2012
Posts:
42,688
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I am waiting for all my cash to settle then I'm transferring my full balance out of Schwabb.

Why play this market, perfect time to find a new trading platform.
 

Szlachcic

Well-known member
Joined:
Oct 29, 2020
Posts:
2,069
Liked Posts:
1,919
Location:
Georgia
My favorite teams
  1. Chicago Cubs
  1. Chicago Fire
  1. Chicago Bears
  1. Georgia Bulldogs
I am waiting for all my cash to settle then I'm transferring my full balance out of Schwabb.

Why play this market, perfect time to find a new trading platform.
While back, I have moved all to Edward Jones, and never looked back..
 

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