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I know one size does

Posted by RichieD on 22nd of Dec 2022 at 10:00 am

I know one size does not fit all,...but generally speaking and given the current bear market backdrop (big picture),  would I be right in thinking it is wiser to wait for a stock to break out of a bullish pattern/cross a trend line rather than buy it early (within the pattern) with a tight stop?  

Matt, What shorter timeframe are

Posted by RichieD on 17th of Nov 2022 at 10:20 am

Matt, What shorter timeframe are you using for a possible en try on GETY?

I agree but wasn't last Thursday's candle essentially the same as today's candle?  In which case, traders should have been out then.

It's not just the government.  Majority of businesses are just as bad these days.  No quality control or accountability.  

Paid a premium one Saturday to FedEx to deliver a package with time sensitive docs 1st thing Monday morning (east coast to west coast). Package delivered the following Thursday.  Money refunded but delay created problems.  Purchased a lawn mower online.  Unpacked and broken on delivery. Returned and replacement shipped next week; that mower was broken as well.  Returned for full refund.  Purchased different brand from Home Depot; that had to be shipped back as well.  Replacement finally worked.  

According to CNBC, Dow Jones estimate was for 275,000.  Market is so fickle that could make a difference in the reaction (miss vs beat). 

Been through it twice.  It's

Open System trades

Posted by RichieD on 22nd of Sep 2022 at 08:57 am

Been through it twice.  It's tough, hang in there, Matt.   All the best to you and your family.

Hard to believe food prices

DBA - Daily/Weekly ...  

Posted by RichieD on 16th of Sep 2022 at 10:15 am

Hard to believe food prices are about to break lower, but thats what the chart says. 

Concise, to the point newsletter

Posted by RichieD on 14th of Sep 2022 at 08:06 am

Concise, to the point newsletter last night.  Thank you, Steve.

For some reason, years ago

these comments are spot on

Posted by RichieD on 14th of Sep 2022 at 07:37 am

For some reason, years ago "Wall Street" shifted from reactive mode to proactive mode (trying to predict the future).  That meant a move away from trading based upon steps the Fed actually takes to a model that transacts based upon "expectations".   Similarly, analysts no longer evaluate company performance based upon a trend in earnings (actual v actual), but rather, compare actual earnings to expectations.  The problem is, Wall Street is anything but prescient.

Would like to buy ADPN

Posted by RichieD on 9th of Sep 2022 at 09:23 am

Would like to buy ADPN using a stop limit order.  Any suggestions on where to place my stop (buy) price?  Breaking the wedge or some horizontal resistance?  Wedge is steep - it's hard to find the breakout.

They all gapped higher at the open.  Assume I did the right thing by not chasing.

Could there be a re-entry if they pullback?

My thought about inflation is similar to yours (I believe): Even if inflation cools, all that means is that the rate of price increase (year over year comparison) slows but prices remain high.  Just like at the gas pump, prices are quick to rise when circumstances dictate, but are slow to come down.  Cost of living has ratcheted up and will likely remain high for some time.  How stocks react to that scenario I don't know.

Have noticed that for GDX

Posted by RichieD on 28th of Jun 2022 at 04:08 pm

Have noticed that for GDX and GDXJ, volume on the final 5 minute candlestick is significantly higher than at any point throughout the day.  Any insight into why or what's going on?  This has been the case for the last 10 days, perhaps longer, but I haven't checked.

Any idea what happened to

AZ comments

Posted by RichieD on 3rd of Jun 2022 at 08:54 am

Any idea what happened to this "story stock"?  At least two intriguing products/concepts they have developed.  Fell off a cliff the moment it was listed on the NASDAQ.

Thanks for posting.  My takeaway is different.  Essentially, the author argues that you can't judge bitcoin's energy consumption or environmental impact because we don't yet know bitcoin's full potential.  Feels more like a rationalization to me.  

Thanks for sharing.  Three questions:

1.  How is the interest rate derived at each 6 month adjustment?  What is the interest rate linked to?

2. Based on what I read at Treasury Direct, I assume a new I Bond will be priced in May since it currently states you can buy at 7.12% through April 2022.  Would that imply a higher interest rate at the May adjustment since the inflation #'s keep rising?

3. Is there any way to purchase an I Bond inside a retirement account?

Fascinating WSJ documentary about the

Posted by RichieD on 4th of Apr 2022 at 07:39 am

Fascinating WSJ documentary about the supply chain.  More fragile and complicated than most suspect.  Then you add in the effects of a war and a 2 year old pandemic.

https://www.wsj.com/video/series/chain-reaction/why-global-supply-chains-may-never-be-the-same-a-wsj-documentary/4EFE56B6-8A1D-4478-9F88-8F055AFBF675

Shouldn't market sentiment be measured by what people actually do (buy or sell), not how they say they feel?  If so, I'd argue that an overwhelming majority of investors have not sold much of anything since the start of the year; therefore sentiment isn't really negative. Watch what I do, not what I say.  Majority have their money in retirement accounts and if anything, have sat tight since the start of the year, as they've been advised to do for the last 15-20 years.  

If that's the situation, how low can "the market" go if those with  retirement accounts ever panic en masse?

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