Stock discussions

[argadorn]

Just now, VictoryTDP said:

@argadorn JMIA 47

i am expecting more dip bro ... something is not right 

[VictoryTDP]

2 minutes ago, argadorn said:

i am expecting more dip bro ... something is not right 

inka rakthapatham aa saar, migiledhi boodide 

[argadorn]

1 minute ago, VictoryTDP said:

inka rakthapatham aa saar, migiledhi boodide 

correction oh emo antaru ga adhi ...

[sri_india]

ARKK / ARKG / ARKW anni bokka ... Cathy aunty high growth stocks ani lollipop ichi andharini lagesukundi 

 

[sri_india]

On 1/20/2021 at 12:23 PM, sri_india said:

festival coming soon 

January 20th ....oka 1 month late ayyindi but festival vochidni 

[Somedude]

7 minutes ago, argadorn said:

cathy aunty kuda tappulu cheyachu 

Agreed. But ekkado read their earning next quarters +ve ga expect cheyyocchu ani. And long term lo good company ani.

[VictoryTDP]

7 minutes ago, argadorn said:

correction oh emo antaru ga adhi ...

yes adhe adhe

[Anta Assamey]

18 minutes ago, argadorn said:

i am expecting more dip bro ... something is not right 

Ninna chesina same mistake ivvala chestunava malli ...

[Anta Assamey]

Na portfolio lo BNGO and MRNA tappa anni red...

[Scurvy]

20 minutes ago, sri_india said:

ARKK / ARKG / ARKW anni bokka ... Cathy aunty high growth stocks ani lollipop ichi andharini lagesukundi 

 

Genome idustry boom avtundi ani sollu..

[lovable]

Hardly 2-3% correction in progress... expecting up to 8%... 

[argadorn]

7 minutes ago, Anta Assamey said:

Ninna chesina same mistake ivvala chestunava malli ...

already chesesina ... 

[argadorn]

Just now, lovable said:

Hardly 2-3% correction in progress... expecting up to 8%... 

ok boom boom up  .... manchidey ga 

[pandemkodi]

Pypl  2022 330 calls 10M sweep any one take .. I took 2 

[lovable]

Another market update/reminder: a correction is 10% or more down from recent highs. The S&P is not even 3% down yet. This could get much worse. As we've been saying for over a month, make sure you have stops set on your risky positions. If you bought long term stocks on the dips then you should be fine in the long term. The higher you bought them the more pain you will feel here obviously. 

It is very plausible that the S&P retests its previous resistance as support, which would entail a 10% drop from highs, and an official correction. If the market does correct you will want to work on rebalancing your portfolio. Instead of buying the tops and selling the drops, the drops is when you want to do your heaviest buying generally. That way the adverse effects of the next drop aren't as drastic.

How long will this choppiness last? Probably until the next stimulus bill is announced and the lead-up to a summertime recovery, where we will also get a new round of earnings. Stocks HAVE to correct here if they are going to continue up when the economy fully recovers. The good news is that COVID cases are 60% - 70% in decline. A recovery is around the corner. I am not of the belief that we get another bear market (20% or more drop). We'll be good; we already saw a double dip correction in Sept/Nov and we all survived it to see all time highs achieved once again. Sit tight.