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  1. #1
    Member
    Join Date
    Aug 2017
    Location
    Little Red River, AR
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    3,956

    What a glorious day in the market

    Hope everyone did well. I sold some and took profits. I’m still buying oil (PXD, DVN) on the dips and looking at a few commodities like CLF, FCX, and AA.

  2. Member
    Join Date
    Nov 2011
    Location
    Coral Springs, Florida
    Posts
    10,898
    #2
    I sold a put on HD yesterday and this big bounce was very helpful.

  3. Stocks/Investments Moderator boneil's Avatar
    Join Date
    Jul 2010
    Location
    Aberdeen, MD
    Posts
    12,190
    #3
    It's an interesting market for sure. The charts tell me the bottom is in, get on board or get left behind. My thoughts tell me this is a head fake, prepare for a recession, we'll get better prices in the fall and winter. I guess both can be right.
    Thanos was the hero

  4. Member
    Join Date
    Nov 2011
    Location
    Coral Springs, Florida
    Posts
    10,898
    #4
    Quote Originally Posted by boneil View Post
    It's an interesting market for sure. The charts tell me the bottom is in, get on board or get left behind. My thoughts tell me this is a head fake, prepare for a recession, we'll get better prices in the fall and winter. I guess both can be right.
    I think there was a jump in tax receipts as well so it pushed back the debt ceiling date to July 1. We borrowed a little more time.