Posted by DigiNomad on 21st of Feb 2024 at 01:03 pm
Hard to understand the mindset where everyone waits for a single
Mega Cap to determine the direction of the overall market. There is
only so much capital in the world - if all of it is directed
towards a name or 6 names, it takes away from capital that could
potentially spread around to other names. Yes, the idea of limited
capital has been completely distorted by Gov deficit spending /
money printing. But that's like a neighbor that you know only makes
100K per year but has all the best toys, cars, clothes, etc. They
have a debt problem and it will come back to bite them.
So the big question for
Posted by hubrick on 21st of Feb 2024 at 12:18 pm
So the big question for today - do we dare hold our SOXS positions into NVDA earnings this afternoon?
Or do we dare hold
Posted by mastermind on 21st of Feb 2024 at 01:37 pm
Or do we dare hold our SOXL position, which is still long on the KISS STS? I am holding a half position after taking profits near highs.
Hard to understand the mindset
Posted by DigiNomad on 21st of Feb 2024 at 01:03 pm
Hard to understand the mindset where everyone waits for a single Mega Cap to determine the direction of the overall market. There is only so much capital in the world - if all of it is directed towards a name or 6 names, it takes away from capital that could potentially spread around to other names. Yes, the idea of limited capital has been completely distorted by Gov deficit spending / money printing. But that's like a neighbor that you know only makes 100K per year but has all the best toys, cars, clothes, etc. They have a debt problem and it will come back to bite them.
"There is only so much
Posted by mla127 on 21st of Feb 2024 at 01:08 pm
"There is only so much capital in the world" ... Fed be like .... hold my beer ....
Posted by DigiNomad on 21st of Feb 2024 at 01:11 pm