The Grinch Who Crashed Wall Street... Santa Selloff

[Wide Tailz]

You must have a lot of confidence that the market will recover.
But not enough to mention which stocks.

Two of my favorites are MUH and DIK

 

[deaddog]

Two of my favorites are MUH and DIK

Well that explains why they're down.
Probably won't go up without some help.

 

[KCalhoun]

today = delayed reaction to yesterday's CPI

If the S&P loses 100SMA watch out below

#gobears

im long TECS TWM SPXU etc

 

[nitrene]

Looks like even the stalwarts of tech are starting to collapse like CRM & MSFT. Of course they have 40+ P/Es.

All that's left is for AAPL to drop. I still don't understand why it went from $150 to $180. It can easily get back to the $150-$160 area.

If AAPL does breakdown it will take DIA & SPY with it as well as the XLK which is 44.8% AAPL & MSFT:


As of 12/31/2021
Symbol Company Sector YTD Return
(as of 01/12/2022) % of Assets
AAPL Apple Inc Technology -1.15% 23.42%
MSFT Microsoft Corp Technology -5.37% 21.37%
NVDA NVIDIA Corp Technology -4.80% 4.39%
V Visa Inc Class A Financial Services -0.46% 3.20%
MA Mastercard Inc Class A Financial Services +2.22% 2.74%
AVGO Broadcom Inc Technology -6.52% 2.41%
ADBE Adobe Inc Technology -6.12% 2.37%
CSCO Cisco Systems Inc Technology -1.97% 2.35%
ACN Accenture PLC Class A Technology -9.01% 2.30%
CRM Salesforce.com Inc Technology -6.41% 2.19%

 

[KCalhoun]

today should be interesting, i'm swing trading 20k worth of inverses, plus daytrading of course VIXY SDOW SPXU TECS TWM etc

 

[kingtrade]

Wait until they start hitting the heavyweights in the nasdaq that have been holding up the index.

 

[Nine_Ender]

SCO 10.64 ... The Grinch is confident it will be 33 by Jan. 31st . Me, on the other hand, I called $82-$84 WTI this week on Sunday. Just hit $84.

 

[Nine_Ender]

Time for another update on the DOUBLE BY JAN. 31 guarantee. With all the excitement from Ken and his declaration we are in an "epic selloff" he must be doing well right ?

UVXY 23.52 --> 12.28 TZA 31.08 --> 29.93
SQQQ 34.55 --> 33.50, SCO 16.30 --> 10.52, KOLD 52.75 --> 44.63

Not doing very well.

ps Adjusted targets SQQQ 70, KLD 110 ( post reverse split ).

 

[KCalhoun]

lol... wait til 1/31... on track as usual and i never said guarantee, there's no such thing in trading... merely my humble forecast (not recommendations)

glad i bought more inverses last week, will scale out here soon premkt if they drop, or buy more if they keep running up

my anticipated selloff nicely underway here

SPY 7:05amET

 

[Nine_Ender]

lol... wait til 1/31... on track as usual and i never said guarantee, there's no such thing in trading... merely my humble forecast (not recommendations)

glad i bought more inverses last week, will scale out here soon premkt if they drop, or buy more if they keep running up

my anticipated selloff nicely underway here

SPY 7:05amET

View attachment 275589

Wow, you truly are delusional. WTI has rallied from $65-66 to $85 on your short call. That's an epic failure. Nothing is on schedule you seem to have no awareness of time or the scale of a move that was needed to move all 5 etfs to your targets. I have no idea what "anticipated sell off" you think you called because only a portion of US IT sold off and sectors like energy went to huge new highs. You were calling short everything. TSX is up 4% since you started this thread. That's some "sell off".