Stock Market Prediction

[lamboguy]

https://www.zerohedge.com/markets/16...llocation-gold

[lamboguy]

this stock market simply doesn't look like its going down. when something looks so good, it makes it the time to be careful and put you thinking caps on.

the only unexpected thing that could bring this down now would be some type of a retaliation move from China.

supposedly they don't like Trump, i said supposedly because i really don't know one way or the other. but for the purpose of this discussion i am going to say they don't want him re-elected. now throw in this fiasco with TIK YOK getting thrown out here and there might be something that they will do. they could throw Apple and Tesla out of China, or they could dump their bonds. if they do either one of these moves your 401k will look like a 101k overnight. do it before the election and you could get the unexpected.

just food for thought

[lamboguy]

the market has been crawling up the last 3 days. this thing is going to get a good slamma jamma to the downsiide by the end of this week.

[lamboguy]

TESLA was up 84% on only a stock split. the split went off and stock has lost $100 billion in market cap. after the split, the company sold more shares.

this stock got to be heavily margined, Amazon got to be heavily margined, other stocks are heavily margined.

when 1 or 2 of these things have some bad news to them and selloff, the market will get killed on a ricochet effect.

[lamboguy]

all these stocks have gone straight up like a rocketship with no real good reasons.

in order to make any money on these things you have to short the stock itself. the implied volitility is so high that you can pick the right bet and still lose money with the options.

[lamboguy]

the main thing that should be in the back of everyone's mind is that the democracy of this country might be at risk in this election.

no matter who wins, the other guy will claim he got cheated out of it. the market does not like uncertainty like this.

it could be Russian's, Chineese, or just the mail in vote to upset this applecart.

[oughtoh]

If Biden wins I am changing over to all stocks that have a connection to China

[Ocala Mike]

Originally Posted by lamboguy

the market has been crawling up the last 3 days. this thing is going to get a good slamma jamma to the downsiide by the end of this week.

Great call!!!

[lamboguy]

i went in and shorted XLK an etf that has these high flyers in it. i covered at the end of the day and will try to get back in tomorrow.

[oughtoh]

Just hope the jobs numbers are good, don't want another day like today.

[lamboguy]

FVAC was one of the 2 stocks that i won that was green yesterday. MUX was the other one.

FVAC is a spaq. it will trade under the name of MP materials sometime later this year. its already 40% more than what the tock is going is going to be valued at when the reverse stock merger finally takes place.

i believe that the US government will throw as much money as it has to to get this company to speed up production of its rare earth materials. i also don't think they will have an enviromental problem with their mines in California.

[Ocala Mike]

I got stopped out of AMD - nice profit,though. I bought a little MUX and sitting on the rest.

[lamboguy]

Originally Posted by Ocala Mike

I got stopped out of AMD - nice profit,though. I bought a little MUX and sitting on the rest.

MUX will make a bum out of you and i.

AIM now under $2 and looks lower. maybe close to re-visit

[Ocala Mike]

Got out of AIM, too - small profit. Sold at a little over $3.

[lamboguy]

gold crawling down to 1908 soon. looks like that is number to load up on. if that don't hold $1830 (highly doubt that)