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

        

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