Stock market investments now or later and who?

Well, no real drop materialized. The market has gone sideways for about 3 weeks or so. I won't be surprised if we see a 10+% correction at some point this year though.

I just sold my Costco stock for about a 105% gain. I still love the company and believe in it, but think it has had a heck of a run.

I sold my Jets stock for about a 0% gain, LOL after holding it for a few years.

BUD is working out as I expected so far.
 
This could be the start of the 10% correction.
 
Sold BUD this morning. I wanted to buy it under $50 and sell it over $60 and I did.
 
Tariffs going active. I think we are going to see a 10%+ correction.
 
Post the trade or you’re all full of shit like everybody else on TV.

Hit a partial position buy order yesterday on UPRO (just a leveraged SP500). Today was good confirmation. Several reasons to get long…3rd leg down daily, trading range failed breakout, high 2 at the bottom of the range, decent close on both futures and cash charts, inside day makes it I higher change of solid swing point…

This buy order was a 1:1 measured move short from last 2 weeks price action and around a 5% pull back from last swing high.

Need a good close tomorrow to see if I hold it.

Screw your TV. Price action is king.
 

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SP500 and ES futures weekly failed short break out of the range. Today was pretty much a stop run on weak daily and weekly bulls. Took out several stop levels then closing decent bullish. First target long is 594.00 (to be fine tuned as a couple more days print) then on to 610.00 if you're playing it weekly. Shorts from the past few weeks have made their money but likely looking for retrace to get some more if they want to push short more. 594 looks like a good place to do that as well.

Edit: A close over 584.88 on Monday would bring more bulls to the table.

Now let's see if i shoulda watched the tweeter and cnn instead of using my tape measure...
 
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Will Carter said:
Post the trade or you’re all full of shit like everybody else on TV.

Hit a partial position buy order yesterday on UPRO (just a leveraged SP500). Today was good confirmation. Several reasons to get long…3rd leg down daily, trading range failed breakout, high 2 at the bottom of the range, decent close on both futures and cash charts, inside day makes it I higher change of solid swing point…

This buy order was a 1:1 measured move short from last 2 weeks price action and around a 5% pull back from last swing high.

Need a good close tomorrow to see if I hold it.

Screw your TV. Price action is king.
Click to expand...
Will Carter said:
SP500 and ES futures weekly failed short break out of the range. Today was pretty much a stop run on weak daily and weekly bulls. Took out several stop levels then closing decent bullish. First target long is 594.00 (to be fine tuned as a couple more days print) then on to 610.00 if you're playing it weekly. Shorts from the past few weeks have made their money but likely looking for retrace to get some more if they want to push short more. 594 looks like a good place to do that as well.

Now let's see if i shoulda watched the tweeter and cnn instead of using my tape measure...
Click to expand...
I recognize these as words but hve no idea what is being said here.
 
Will Carter said:
Post the trade or you’re all full of shit like everybody else on TV.

Hit a partial position buy order yesterday on UPRO (just a leveraged SP500). Today was good confirmation. Several reasons to get long…3rd leg down daily, trading range failed breakout, high 2 at the bottom of the range, decent close on both futures and cash charts, inside day makes it I higher change of solid swing point…

This buy order was a 1:1 measured move short from last 2 weeks price action and around a 5% pull back from last swing high.

Need a good close tomorrow to see if I hold it.

Screw your TV. Price action is king.
Click to expand...

Will Carter said:
Price action said to sell the last of it back in February.

I make myself stay long only in the 401k…
Click to expand...

Will Carter said:
ed the tweeter and cnn instead of using my tape measure...
Click to expand...
So are you buying stocks or placing bets? Like @RatLabGuy I'm not too familiar with the terminology that is going on here.
 
I trade ES (sp500) futures most days. Intraday transactions on the 5min - 1hour price action.

I trade the sp500 (SPY) on the daily and weekly price action (equities market, like stocks yes) on the longer term ‘retirement’ accounts.

Everybody likes to talk about the chart to the left. But the money is made making educated guesses on what’s going to appear on the right and controlling your risk so if you’re wrong you can still make another educated guess tomorrow.

I’m about 6 years into my trading journey and am just now starting to get a slight feeling like I know what I’m doing. I probably have more study, practice, experience hours in this field than the last surgeon you let operate on you has in theirs.

I can’t explain the whole operation. But if you can read one chart of your favorite stock you can read them all. Price action is human psychology with the occasional insider surprise.

I don’t trade stocks but throw me a symbol and I’ll give my own bullshit opinion (since I’m not going to buy or sell it anyway) of the chart.
 
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