GBA Presents: THE BARE ESSENTIALS

vanzandt said:
Stoney..
On April 12th when you made that post QQQ had a range of $338>>>$348
Today the range is $337>>> $346.50

No movement whatsoever in 9 days.
This is how you get famous on Robinhood?!
They should be erecting statues and re-naming Sherwood Forest for me then.

Tech is gonna drop like a rock. Today's run is in anticipation of TSLA's earnings.
The whales just wanted to sell lots of calls on tech stocks at a premium. :sneaky:
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I think the thin volume driving up trash stocks caused me to sell my TECL, SOXL and FNGU in to this fury.
 
All I know is the following. A ways back a month or two they wanted me to buy tech and I said no. Tech went down alot. Instead I made good money in oil and gas, commodity plays and reopening plays.

Now I am switching sides and back to tech- I bought 3.That's a big change for me.

For a guy that does as much business as I do, to have six accounts all down to zero tech was a pretty bold move and it saved me relative strength and I am out preforming hedge funds because of this.

Now as growth slows I am back to high growth ideas. The big argument I am still having with the market is in the consumer space.
 
stonedinvestor said:
All I know is the following. A ways back a month or two they wanted me to buy tech and I said no. Tech went down alot. Instead I made good money in oil and gas, commodity plays and reopening plays.

Now I am switching sides and back to tech- I bought 3.That's a big change for me.

For a guy that does as much business as I do, to have six accounts all down to zero tech was a pretty bold move and it saved me relative strength and I am out preforming hedge funds because of this.

Now as growth slows I am back to high growth ideas. The big argument I am still having with the market is in the consumer space.
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Stoney, apparently Wall Street is jumping in high dividends like DVY, HDV, ect... They took out their All Time Highs today.
 
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