Comments on: Swing Trade Ideas & Market Analysis 3-10-23

By: Mikeflegel

Mikeflegel — Sun, 12 Mar 2023 23:04:44 +0000

In reply to Mikeflegel. Correction. The fed just said that depositors are protected it's silicon but bond and equity people are wiped out. So therefore watch the open and go from There. In other words wait for Randy. Thanks Randy

By: Mikeflegel

Mikeflegel — Sun, 12 Mar 2023 19:24:04 +0000

In reply to ajp17. I'm going to re enter short At the open in free market Monday morning. It looks like another 2008 is developing starting with the crypto banks and spreading Because even solid companies have crypto on their balance sheets at this point... Even after last year's plunge that could mean and all out deluge of selling. But that's just Me

By: Mikeflegel

Mikeflegel — Sun, 12 Mar 2023 00:50:50 +0000

It was the 1st trading day of the year 1/3/:23. At 6:23 you hit my inbox with a bicygnal and backed it up with your Favorite lungs. Apple Tesla. I took you up on Tesla figuring that Elon had done his worst to the company with this testimoney and with margin long. A month into it I was Up 850. Thank you Randy

By: Mikeflegel

Mikeflegel — Sat, 11 Mar 2023 01:02:56 +0000

In reply to ajp17. I thought of buying some TNA myself but don't wanna Fight a water shed fall.

By: ajp17

ajp17 — Fri, 10 Mar 2023 21:37:04 +0000

In reply to jmccallum. I don't know about face ripping but I agree about a bounce on Monday. I closed all my shorts today and added some TNA right before close. IWM looks to have done a perfect back test of the long term down trend line and it is extremely oversold with positive divergence on the 1 hour and shorter charts. That would also potentially be a back test of the trend line SPY broke today, too. But, that's about all I'm going to hold out for.

By: Jspassar767

Jspassar767 — Fri, 10 Mar 2023 20:01:52 +0000

Randy would love to see updates on some of the other commodities you have covered recently NG, UNG , WEAT , CORN etc. Looks lIke Weat made a positive retracement today and was wondering if you were getting back in and your thoughts on Oil and Natural Gas.

By: mSquare

mSquare — Fri, 10 Mar 2023 18:59:37 +0000

In reply to shannonp. Schwab is too big to let this one go below $1 but their yield may go lower (if they have to liquidate the short term stuff it holds with rates moving huge). Many investors (me included) liquidated some of SWVXX and similar money market funds to buy other stuff as it goes down and thus larger than anticipated redemptions of the high yielding paper

By: shannonp

shannonp — Fri, 10 Mar 2023 18:22:04 +0000

I have 250K invested in swvxx, Schwab mutual fund that pays 4.47% yield. Looking at Charles Schwab dropping a lot more than other banks. Should I be concerned owning SWVXX? The fund survived dot com bubble and always stayed at $1.00.

By: George

George — Fri, 10 Mar 2023 16:24:21 +0000

In reply to jmccallum. It's still holding

By: jmccallum

jmccallum — Fri, 10 Mar 2023 15:58:48 +0000

In reply to George. i know you're not asking me but yes i did a bit above that thinking we're gonna get a face ripping rally. just fwiw