Comments on: Stock Market Analysis & Trading Tips 4-21-20

By: G-Trader

G-Trader — Wed, 22 Apr 2020 06:23:01 +0000

In reply to rsotc. It had nothing to do with being patient. I just thought we were now in a bull market. YEs of course I anticipated we would have a pull back but the uptrend is still intact. We should see a good rally and good short squeeze that will prove to be a bear trap.

By: G-Trader

G-Trader — Wed, 22 Apr 2020 06:21:08 +0000

For those of you who are short I hope you set your stop losses and you don’t get squeezed. The bull market was still enforced. We just took a pause.

By: wilhud

wilhud — Wed, 22 Apr 2020 05:12:54 +0000

In reply to wilhud. Hong Kong oil ETF (Samsung S&P GSCI) -45% over night.

By: wilhud

wilhud — Wed, 22 Apr 2020 05:04:47 +0000

@rsotc Interactive Brokers $IBKR blew up $88M as their clients went in to negative equity being long USO as no one was prepared for crude to trade negatively. Which may explain why margin requirements are being increased. "Interactive Brokers lost -$88mm yesterday on CLK0 May Contract from clients being liquidated at negative -37 dollar price... amazing" Take a look at RobinHood stats on USO (suspended -25% yesterday pending a change in rules presumably to get around taking delivery)

By: bransth

bransth — Tue, 21 Apr 2020 22:01:59 +0000

In reply to cityseeker. When the market is going down, you have to be short. Buy inverse indexes.

By: cityseeker

cityseeker — Tue, 21 Apr 2020 21:33:47 +0000

In reply to gthompson333. I have a cash account I have no way to do 99% of his trades they are all shorts. I tried to buy puts but you get hammered with the time decay following randys trading style

By: gthompson333

gthompson333 — Tue, 21 Apr 2020 20:55:35 +0000

In reply to Action_Jackson. The earnings expectations for Netflix are sky high.

By: pmtob

pmtob — Tue, 21 Apr 2020 20:41:19 +0000

In reply to Action_Jackson. Spiked briefly AH but has come back down close to the close price. Thinking of shorting a little bit of SNAP after this 20% spike AH on earnings.

By: Royden Morgan

Royden Morgan — Tue, 21 Apr 2020 19:31:22 +0000

I heard someone speaking about the present situation as being perverted government intervention.

By: TJS

TJS — Tue, 21 Apr 2020 19:30:06 +0000

In reply to venetiandog. he already covered this in a post yesterday