Definitely not over. But if one is down 20% the opposite should be up close to that amount.I've been averaging down whenever it gets around 10. Do you really think volatility is over?Bull#### Pro shares 3x VIX
SVXY up only 4.5% yet UVXY down 20%.
That's what I said when this first happened.Today's big question: Is this a short covering rally? Or do the talking heads come out and say, 'you know China doesn't really matter because the US is doing just fine' and 'This was the buy of a lifetime'. That's the one we will hear about 3 months from now if this goes back up.
CNBC is pimping NFLX...I just hate the company.If this is indeed a correction before another leg up I think it's a good possibility we will retest the lows of yesterday. At least I hope so. I did take a small taste of 250 UCO @ $18.42 for 1450 @ $31.21.
Looking to add AMZN, NFLX, DIS
Looking to add more GILD, GOOGL, LLY, TGT, BIDU, PG, IGR
My parents offered to pay to send my family to Disney and of course come along. I showed my boys this. They have no interest in going to Disney World now.Buying DIS as a hedge against my wife's inevitable, "You know where we should go on vacation next year."
Still waiting on this one. It sliding negative today is an indication that it has more downward slide to go. I have gotten options enabled on my account and if I find a good spot I'm going to buy some leaps here.grabbed a little more FCX... @ $8.97, might as well and look for a long term payoff.![]()
Why would you hate Netflix? It's a fairly priced, awesome service.CNBC is pimping NFLX...I just hate the company.If this is indeed a correction before another leg up I think it's a good possibility we will retest the lows of yesterday. At least I hope so. I did take a small taste of 250 UCO @ $18.42 for 1450 @ $31.21.
Looking to add AMZN, NFLX, DIS
Looking to add more GILD, GOOGL, LLY, TGT, BIDU, PG, IGR
No question volatility is around for the next several weeks.
And the gains evaporate....and I run back to safety of the money market.Goldman sees 11% gain in S&P. That's not good when those hammerheads start spouting off. I'll be surprised if these gains hold on to the end of the day.
Thanks - TVIX Just made up all my losses (and then some) on UCO in ONE DAY.Biggest new play for me today, I bought 1600 shares of TVIX pre-market at 12.56 each
I think its going to be pretty volatile...
A lot of people thought this today and got absolutely crushedThat's what I said when this first happened.Today's big question: Is this a short covering rally? Or do the talking heads come out and say, 'you know China doesn't really matter because the US is doing just fine' and 'This was the buy of a lifetime'. That's the one we will hear about 3 months from now if this goes back up.
The list i gave you earlier returned about 50% today. I only got about 30, since i held overnight and had higher basis. This morning's really was a great buying opportunity for inverse etfs.last half hour overall wasn't very fun.
yeesh
The list i gave you earlier returned about 50% today. I only got about 30, since i held overnight and had higher basis. This morning's really was a great buying opportunity for inverse etfs.last half hour overall wasn't very fun.
yeesh
I continue to believe the next few weeks will be bearish and volatile. I'm up 23% in the last 5 days, including a lot of really poorly timed ins and outs
Ugh. How bad was it?This is what I get for finally convincing my better half to put a bunch of $ into stocks. fml.
Good advise. I have been burnt on this before. I always keep some cash in the account now.SmackTripper and BuddyBall
My advice for you all right now (not that I should be giving advice) is to just make sure your accounts are funded (whomever you choose). You don't have to buy anything but throw it in a Fidelity Trading Account or TDAmeritrade (or whatever you prefer). I missed out on a good opportunity yesterday by not having my wire go through instantly. They held it until the market closed.
The next 2 months are notoriously bumpy anyway and with the ups and downs I see, you're going to want to be fast with your fingers and fully funded when the next dip comes (and it seems it will).
I will never give any advice about what funds to buy because you're better off getting a tip from a stripper at your favorite Gentleman's Club, but I did want to pass that along to you as I missed out yesterday morning on a bunch of solid stuff I really wanted a chance to bite at.
I'm still waiting, but at least now I'm fully funded.
I missed the overnight sell on TVIX but put in a limit order this morning at $14.10Man, this overall market's so crazy, I'm tempted to just speculate on crude because it seems stable by comparison.
Speaking of which, I'm in DTWI at 213 and making buys at 210 and under to average down.
I think the new day trade window is 205 - 235
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FInally hit up a penny. Here's to a rocket launchI missed the overnight sell on TVIX but put in a limit order this morning at $14.10Man, this overall market's so crazy, I'm tempted to just speculate on crude because it seems stable by comparison.
Speaking of which, I'm in DTWI at 213 and making buys at 210 and under to average down.
I think the new day trade window is 205 - 235
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Here's to hoping. And then I'll buy some more tomorrow when it dips again (you weren't kidding - very volatile)
I think you are correct on bull etfsI'm afraid this market exposes the soft underbelly of ETFs. If ETFs are primarily held by amateur investors and they all just panic sell you end up with a fund that is undervalued to the price of the security.
And here we go...FInally hit up a penny. Here's to a rocket launchI missed the overnight sell on TVIX but put in a limit order this morning at $14.10Man, this overall market's so crazy, I'm tempted to just speculate on crude because it seems stable by comparison.
Speaking of which, I'm in DTWI at 213 and making buys at 210 and under to average down.
I think the new day trade window is 205 - 235
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Here's to hoping. And then I'll buy some more tomorrow when it dips again (you weren't kidding - very volatile)
If you want to play, DWTI at 210ish is much more likely or RUSS at 52.00And here we go...FInally hit up a penny. Here's to a rocket launchI missed the overnight sell on TVIX but put in a limit order this morning at $14.10Man, this overall market's so crazy, I'm tempted to just speculate on crude because it seems stable by comparison.
Speaking of which, I'm in DTWI at 213 and making buys at 210 and under to average down.
I think the new day trade window is 205 - 235
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Here's to hoping. And then I'll buy some more tomorrow when it dips again (you weren't kidding - very volatile)
someone bought my order at 14.14
Up to 14.60
I'll get back in if it dips below 11.00 again
Added to watch list. The RUSS volume is so low. Might be a freaky ride. I like it.If you want to play, DWTI at 210ish is much more likely or RUSS at 52.00And here we go...FInally hit up a penny. Here's to a rocket launchI missed the overnight sell on TVIX but put in a limit order this morning at $14.10Man, this overall market's so crazy, I'm tempted to just speculate on crude because it seems stable by comparison.
Speaking of which, I'm in DTWI at 213 and making buys at 210 and under to average down.
I think the new day trade window is 205 - 235
![]()
Here's to hoping. And then I'll buy some more tomorrow when it dips again (you weren't kidding - very volatile)
someone bought my order at 14.14
Up to 14.60
I'll get back in if it dips below 11.00 again
DEFINITION of 'Death Cross'Please explainAAPL death cross has formed.
That happens to me A LotThere's some technical ####storm with oil that just happened today too. I'm not smart enough to understand it.
Not long...we're soaring now.How long will this drop last (started about 1:25)?
Figures. As soon as Schiff and Marc Faber come out saying the end is here, the markets take off.Not long...we're soaring now.How long will this drop last (started about 1:25)?
Those two have called nineteen of the last two recessions. When a permabull like Cramer says to sell, wade in and buy with both fists.Figures. As soon as Schiff and Marc Faber come out saying the end is here, the markets take off.Not long...we're soaring now.How long will this drop last (started about 1:25)?