Is it dumb money leaving the market?

[SteveH]

The Fear / Greed Index is getting super low. Won't stay in single digits for long. Key supports on the major indices should hold for a nice bounce at these F/G levels:

https://money.cnn.com/data/fear-and-greed/

 

[smallfil]

Now you can get some of the stocks at a much better discount compare to a week ago, 10 to 20% cheaper, not all of them but some of them. Like NVDA got up 19% in a single day yesterday (17.47% plus 1.63% after hours). Market going down because people sell, if at some point they figure that the value is valid and decide to hold them, then short has to cover.
IN time like this if people follow Mr. Buffett's advice that you pick those stocks based on the criteria that if the stock market is closed for ten years and the stocks would be doing fine, then no worries.

Love NVDA. If not for the very rich options premiums, I would trade it more often. NVDA is trading gold. One of the few stocks that can give you huge returns in a short period of time.

 

[themickey]

....China is the world. Without them all economies are worthless. Remember that......

.....Stop with this make believe garbage.
Everytime there is a virus that comes into play conspiracy theories run rampant. And thanks to social media it's even worse than ever before.

Ya, you said it well

 

[S2007S]

The Fear / Greed Index is getting super low. Won't stay in single digits for long. Key supports on the major indices should hold for a nice bounce at these F/G levels:

https://money.cnn.com/data/fear-and-greed/

Simply amazing how quick.it went from extreme complacency to extreme fear.

 

[jl1575]

Love NVDA. If not for the very rich options premiums, I would trade it more often. NVDA is trading gold. One of the few stocks that can give you huge returns in a short period of time.

The SP500 (SPY) that drops every day for a WHOLE WEEK is pulled down only less than 9% for the WHOLE WEEK, but NVDA is up 19% in a single day! Some of the tech got strong momentum because a huge future perspective and they would definitely bounce back stronger than most stocks. The shakes down would suppress most stocks down, but it offers an opportunity to buy solid stocks at a discount and those really have huge future potentials would definitely bounce back in an accelerating rate, this has been proved over and over again in stock history. The shakedown provided an opportunity to differentiate the strong from the weak.

 

[murray t turtle]

The SP500 (SPY) that drops every day for a WHOLE WEEK is pulled down only less than 9% for the WHOLE WEEK, but NVDA is up 19% in a single day! Some of the tech got strong momentum because a huge future perspective and they would definitely bounce back stronger than most stocks. The shakes down would suppress most stocks down, but it offers an opportunity to buy solid stocks at a discount and those really have huge future potentials would definitely bounce back in an accelerating rate, this has been proved over and over again in stock history. The shakedown provided an opportunity to differentiate the strong from the weak.

%%
QQQ is still above 200dma. I considered partial profits on TZA, but up over 43%in one week=time is not the bears friend even in a bear market. BUT if they keep gapping + grinding down, good daytrades if one like that sometimes + I do. QQQ still looks long + strong see, what the close is Monday/200dma...………………………………………………………………………………………….CNBC predicted a bird flu pandemic years ago it never happened but wash your hands + don't let a bird or any sneeze spray you LOL-LOL.

 

[Handle123]

I been shorting Index futures/hedged for past few years, and when that signal happens, long stocks get hedged by futures/hedged to secure open profits, take profit on 10% of short Long term future Indexes and rest go to better than breakeven PS. If a charting pattern happens to offer buys, reverse on stock hedges/and buy/hedge them but keep Long term Index futures shorts(different account).

Does my opinion factor into systems traded, heck no, it automated mostly, and most days have no clue what the symbols did. Life just seems so much less stressful having no opinion. If I had to guess how much longer, continued down move into next week, PE's way too high, good correction, maybe 2850-2800 area, but huge guess. And to me, my opinions are the worst.

Well, am keeping hedges on stocks, and short futures/hedges on futures were terminated soon after, taken 10% of position off in short Index futures, everything is happy. Signal comes in to reverse Short Index futures at approx. 1650.00. I lost track of how many times of hedging stocks and taking long term short index futures/hedged in nearly past 3? years. Have not sold any dividend paying stocks.

I have no opinions, just keep trading signals.