MA

Big-Radish

I’m still struggling to understand. Stocks have been obliterated in the past few months with only blue chip keeping the market up. Even traditional solid stocks have struggled. 3M down 20% in 6 months. BA down 30%. V down 20%. The list goes on and on. The blue chips that were holding the market together have all dropped 10% in a few weeks time. I viewed, and many like me who got burned, that this was all priced into the market. What I heard was- we arnt doing much now but come March be ready. No new news. Nothing nobody didn’t already know. No huge revelations. Awesome! Wait for support and do calls on this overreaction- tomorrow will be green. Big bounce off SPY 200MA. Great now heavy in tech sector on those blue chips that have been beat down with ITM calls that I will make an easy 20+% off of by lunch tomorrow. What did I miss? I am still struggling to understand. Ending of easement and interest hike in March- that’s not new.

No_Obligation_3184

Just realized V, MA and MCD report tomorrow, should probably be a good tell of what's to come.

KOBA-fight-4-Ape

When's the next NO MA'AM meeting :/

PierreEscarg0t

My personal "blue chip " stocks are MSFT, AAPL, MA, COST, GOOG, which all outperform SPY, which is why I hold them. Out of what you named, no, I don't see any point in holding stocks that underperform the index they're apart of.

MarijuanaGrowGroup

You don’t know what a 200MA is do you?

cbass1980

I don't TA .. but the 200MA as resistance can't be good.. or am misunderstanding

PorkchopSquats

Bounced off the 200MA like 5 times today in PM and normal hours.

Various-Ad-3969

Volatility is high af and not a lot of good news coming out on the economy. If we break the 200 MA then sure, I'll be back on the bull train. Short term? A bad day could send us to 410 on SPY. There's the dip to fucking go long on.

Various-Ad-3969

Not sure falling below the fucking 200 day MA on everything is a bear trap. Pretty sure the bears have won this round.

thisMonkisOnFire

More like, we six feet deep already and SPY keeps tryna one-inch punch itself out of this 200MA coffin.

Turd-Lipstick

it's MA'AM!!!!

basketballerina1234

Thanks so much! Which do you like more b/w V or MA? Maybe I'll replace a big chunk of FB with GOOGL.

MarijuanaGrowGroup

LMAO - I’m bearish and didn’t even realize SPY couldn’t close above the 200MA. Holy shit the bulls are fucked. Might even test $420 Friday

Fantasyball8

I’d be kinda nervous holding AMZN and FB through earnings (mostly FB, I don’t know how they’ll adapt to the new apple privacy policy). Also not a fan of INTC and because of that I’d replace SOX with SMH as well since it doesn’t hold any INTC. Personally I’d replace Intel with QCOM. Furthermore, I’d probably choose either V or MA doesn’t make sense to hold both imo. Other then that your positions seem fine, but I’d look to add GOOGL.

SullyBrr

It’s MA’AM!!!

AmbitiousBasket0

My account swung +/- 15%, burned both available day trades & logged a $900 wash sale by mistiming the SPY crash, and still ended up positive 1.5% due to $V and $MA. adding to my $V $MA positions at every opportunity.

PorkchopSquats

Lost track of how many times SPY got rejected by the 200MA today. Gonna track that as my put-buying point from now on.

hodlforlyfe

Make no mistake...even if rate hikes are only .25% and they reiterate 4, we will plummet. SPY under 200 day MA and sentiment completely changed. If it's more than .25%.....well godspeed bears, we eating steaks tonight!!!

Grouchy-Background81

What’s 200 MA on SPY?

smellz45

If it cracks the 200 MA might have to buy calls

PorkchopSquats

200 MA rejected for like the fifth time since PM opened. This is going to get ugly if JPow doesn’t deliver.

neighborhoodasshole

Spy break 200MA I retire from trading for a month

PorkchopSquats

SPY keeps touching dicks with the 200MA and getting rejected. If you were gonna buy puts, now is the time. If not, then ignore me I don’t care lol.

Ernest_EA

Get rejected on 200D MA and pumping on low volume too 🐻🌈 My bear senses are tingling

vegasandre

$AMC resistance 18 then 21 day MA at 21 then 50 day MA at 28 $GME resistance 115 then 21 day at 124 then 50 day at 157 Happy Anniversary!

vegasandre

GME next resistance is 115 the 124 which is the 21 day MA..

NoManchesSoyYo

People are really taking a risk buying puts while Spy is under the 200 MA and oversold as indicated by the RSI

kswissreject

MA doing what I thought it would do yesterday after AXP

PorkchopSquats

As long as SPY keeps rejecting the 200 MA, I wouldn’t sweat it yet

jfnc

Im really feeling MA calls but definitely missed some serious gains not buying yesterday.

scodagama1

But how come it be a fallacy? I honestly don't understand. DCA vs lump sum can be thought of like you buy at current market price vs you buy at future moving average So obviously if you buy index for a price of MA100 of index in 100 days \_on average\_ you'll make less than if you buy it at current price - given that the index grows 8% yoy, waiting these 100 days you're lose - on average - somewhere around 1% (more or less half of 8%\*100/365) But it's still an average. Buying at current price you can as well buy 5% above future MA100. Or 5% below. Yes, you are expected to lose, but by buying at MA100 price instead of current price you're reducing the risk. So I get it, _if_ you invest your inheritance as a lump sum multiple times, say 100 then you'd better invest immediately, you will on average beat the alternative by 1%. But most of the investors will invest big lump sums 2, maybe 3 times in their life, they will never have enough data points to guarantee that they will actually hit that average 1% gain. For them trading off 1% of gains in exchange of reduced risk might still be a good idea - DCA sounds a lot like insurance. Yes, buying insurance is _not_ profitable, it costs you premium which is specifically calculated by actuaries so that in the long run, on average, payouts are lower than sum of paid premiums. But still - if you don't anticipate the insured event to happen hundreds of times so that you don't expect the law of big numbers to kick in - you'd still better buy insurance

PorkchopSquats

SPY still bouncing off the 200 MA at $442, puts still in play at open. Disclaimer: I’m fucking terrible at this, y’all do you.

tanuge

Well, the 2600 thing will have to wait for now. The short-term capitulation looks right. If you did lean in to it, I'd take some of the hot money out as soon as S&P gets back to the 100 day MA, assuming the rally survives the Fed statement today.

cryptoETH_jazz

VIX 28…… we sure could swing toward 100MA that’s like 455 🚀🚀🚀🚀

cryptoETH_jazz

🌽 green… futures creeping up to 200MA… I think we are tired of this DIP…. 🥂🥂🚀

PorkchopSquats

SPY bouncing off the 200 MA, wish I could buy my puts right now.

erepir

MA and V bearish or bullish?

PorkchopSquats

SPY 442 and QQQ 365. Watching to see if the 200 MA’s can be reclaimed; if so, bull run is back in. If not, puts are still on the menu. Good luck y’all.

I_whip_idiots

The next person that jerks off to that MA thing should get hanged, drawn, and quartered

JStevie105

Lol. I thought we were gonna bounce off that 200 MA too. Calls would have worked on every dip but this one, so don't kick your own ass too much.

AmbitiousBasket0

$6k in shares. too scared for options but I keep tracking $V 1/28 $195C & $MA 1/28 $330C

AmbitiousBasket0

buying $V and $MA until i'm broke or lambo

Arctic_Snowfox

I bought 100 shares of $AMD today at $112. It’s at 200 day MA.

AshanFox3

Breaking up through the 5M 200MA late afternoon and then a pull back to the MA near close? Looks like they're doing a bullish feint to imply a continuation upward. My two cents.

Various-Ad-3969

Now I'm pissed I even bought a call as a hedge to the puts I bought at the top today. Fuck the 200 MA. This is going to the 300. Wherever that is.

bonghits96

lol if you think V and MA fees are high try buying something with ETH

dansdansy

V and MA seem like obvious buys with AXP's huge beat and forward projections

AmbitiousBasket0

tried to tell y'all to buy $V & $MA. Gonna continue to range up tomorrow before earnings.

Dat_Speed

I was going to buy TSLA on a retrace to $420 last year, and it bottomed around $560 ish. In hindsight, buying off the 200 MA at -50% down was indeed a good short term entry point. Going into rate hikes and a more 2-sided market, my next buy point is $250 lol. It sounds drastic but these mega runners often retrace -80% from peak, often simply because it starts downtrending hard. NFLX in july of 2011 very similar move.

Semithedog

Oof is TSLA reclaims the 100MA on the daily… 🚀🚀🎆🪐

Coffeepillow

I remember seeing a video over the weekend where a guy said we’d blow past the 200 MA, correct up to around the MA and trade in that range, then strong recovery after the FOMC. Seems to be what’s happening, but I was also high and drunk so we may just be fucked as well.

SharksFan1

Yes, very healthy. Market was way over extended and still has just barely broken the 50 Weekly MA.

KOBA-fight-4-Ape

Remember when Al Bundy formed NO MA'AM ... We got to fight back!

Whichwhenwhywhat

The real question is: what was the reason for the rate of growth and will we see a continuation of these growth rate or a return to average or even a correction to the rates that are historically the average ? In numbers 16% from here on if it’s the new growth on average or 10% from current levels if we had just better than average growth for the last 5-10 years. If the rate of growth was too much for the last 5 year on average we could see a 30% correction or 4-5 years sideways markets. If it was too high for the last 10 years there is a chance of a 50% correction or 6-7 years of sideways market performance. Can be also a complete different scenario,because using past performance as a guideline for the future is only an assumption, but then all reference to a historical numbers for the s&p 500 are questionable and you could also argue if the s&p 500 is as good as an index to invest in as it was for the last decades. Even with the correction we see right now, we are well above average growth for the last years and I would be very careful to invest more than on average to buy the dip to dca. The markets have more risks downward than upward at the moment. Timing the end of the correction is nothing but timing the market in order to beat it. The 200 MA is only a reference for the almost 30% growth we had lately so as much as it is a support, it is only valid if you believe the growth rate will remain as high as it was.

AmbitiousBasket0

Good luck out there today, fellow retards. I'm slowly rolling the gains from $VXX into $V & $MA shares ahead of earnings

xupamos87

death cross MA50 and 200 on 1min time frame about to explode up or down

xupamos87

200MA oN 1mIn bROkE uP, ATH bY EOD

xupamos87

uh oh, "200 MA on 1min time frame about to break"

ChrispyChicken1208

Pretty good odds we rejected the 200MA

stargunner

i'm betting AAPL will go lower and tickle 200MA's asshole like the rest of the tech stocks (MSFT, GOOG, AMZN, et al)

RangerGripp

Short term it has zero effect on the companies I decide to invest in. I don’t buy shit and I do thorough research. If someone wants to borrow MA or DAR shares to make a quick buck or bet against a earnings call, fine.

stockhackerDFW

I think it was a combination of technicals and geopolitical news that caused today’s insanity. The futures were positive Sunday night until news that the US state department told people in the Ukrainian embassy to get the hell out. The S&P also closed below the 200 day MA on Friday and crashed through 4300 today. It bounced around of 4250. Both 4250 and 4300 were support for prior minor pullbacks last year and I wouldn’t be surprised if those levels are retested. Be ready to buy but don’t be over confident either.

Enough-Profile-935

People panick sold during a huge cliff off past 200MA on tech and rest of market. Weak hands sold. Little strong hand bought. Will it test it again? Sure. Is it the end of the world? No.

zg44

You can draw any conclusion you want from a day like today where the Nasdaq goes from near -5% to a positive close: It happened before the '98-99 tech bubble went vertical. Happened again after the bust when tech stocks bottomed. Happened twice in '08 as the bottom was falling out of the markets. But I think the most important correlation between all those events is probably that this generally happens at important turning points for the market. We're probably not on the verge of tech stocks going vertical (or obviously in the midst of a bust). The market's problem right now is just the disconnect between wildly optimistic valuations/assumptions of economic growth and the underlying reality when you remove stimulus (Fed monetary/government fiscal) from the equation. This feels like 2014-2016 or 2018. Maybe 2018 is the best analogy here: we had a wildly optimistic market in 2017 go vertical by Jan 2018 due to the corporate tax cuts and then corrected and spent 6 months around its 200 day moving average before falling well below in late 2018 in a tantrum until the Fed relented. Right now we're at the stage of removing the wildly optimistic assumptions from the equation. It's going to be a process. You have blowhards like Cramer telling everyone to buy every dip, and yes there will be rallies that likely go over the 200 day MA during this process. In fact, if this looks like 2018, then yes we'll likely return to the SPY 470 area somewhat soon before dipping back to SPY 440 as the rate hikes begin; and then we'll likely face a steep selloff at one of the later Fed meetings in the year if the Fed has already implemented 3 or 4 rate hikes and markets fear another may be too much for markets to bear. It's a pretty plausible scenario for a situation (2017-2018) that looks similar to what we face now in terms of how this retrenchment might play out without necessarily a recession but a cooling off period needed after a big run in markets.

ChrispyChicken1208

This mornings dip was likely because of russia and fed rate hikes we bounced in the afternoon because of oversold conditions most likely. The trend is likely bearish thru the fed meeting because we rejected the 200MA

kn1f3party

The bounce for QQQ off the 50 MA on 1 month candles was violent, up or down from here that’s clearly a response. Still think bulls and bears are underestimating what’s happening. NDX doubled before correction to 50MA leading up to dot com bust. It then quadrupled before the pop. I think things could get A LOT crazier.

smellyfussy_parts

Haha maybe. Believe me, I’ve been there. It also could 3x by end of week. 200 day MA is as good of an entry point as it gets.

Puzzleheaded-Ad319

SPY is near MA200 so it's reasonable to bounce back here. It gonna try to test the low again. If double bottom confirms, it gonna shoot up. If not, it gonna drop like a rock. Should wait for the double bottom pattern confirm before buying anything

oobraphone

I did the exact same thing. I was so excited about the possibility of a big correction today (based on Friday afternoon's plunge) that I couldn't sleep and stayed up all night. Nevertheless, there was work to be done. At 6:30 sharp bought SQQQ calls, TZA calls, MA puts, and a DASH put just for shits and giggles. The market went down magnificently and SQQQ went way up. I was feeling sleepy so I sold the weeklies and kept the longer term plays, just as insurance against a sudden reversal to the upside, which is exactly what happened. I went to bed at maybe 10:30 AM Pacific and didn't wake up until shortly after market close. Needless to say as soon as my head hit the pillow the market zoomed back up. Good thing I ditched the weeklies and the puts when I did. Paid some bills, which was my original objective for the day.

ChrispyChicken1208

Even with todays "rally" we still rejected off the 200MA

Atom1cAnus

Europoors? Where were the Europoors when the 50 day MA broke? Where were the Europoors...no we are alone in this fight.

_CtrlZED_

This is wrong! I learned TA from YouTube and I can tell you that we are in a Double Reverse Spider Wave Progression, which means you just need to wait for a golden zigzag, which is when the ratio between the 7 and 25d MA hits 1.333, then throw all your money in because that means we're going to the moon (not a financial adviser, info is for educational and entertainment purposes only).

hypertr00per

Time to close the gap and proceed to 50MA where Jpow opens his mouth

ideapit

SPY or QQQ 50 day MA drops under 200, grab your helmet. Until then, it's a correction.

banditcleaner2

QQQ right now is below every single time period MA (5 day+) Its a good buy right now even if it goes to 320 which is possible.

toolbox_financial

All 3 markets are well below 200 day MA and dropping. Nasdaq was down 5% earlier today. I would not go long right now

GivemetheDetails

Spy gap fill and test 200 MA?

Ennartee

In addition to V, as you probably know being a COIN holder, MA partnered with COIN on some blockchain deal (NFTs?). So both the major credit cards are getting into it. SQ is heavily into blockchain/BTC and has taken an absolute beating. They’re also working on building a cheap, consumer mining rig to sell to Joe Schmo.

whiskytangofoxtrot08

does spy have to touch the 200 MA? sorry im dumb

toolbox_financial

I zoom out and I see the 3 major indexes never ever crossing their 200 day MA except march 2020, 2018, and 2008. Thanks!

lookingatstocks

Eh, MSFT is only down 1.4%. Until that giant dies and falls below 200MA I’m not seeing any crash. Hopefully it crashes Tuesday

Itsagiantleaf

A spy drop down to the 200MA would bring it to 335 :-)

MakinDePoops

Just like the little bull trap last March, the day after we closed below the 200 MA

zg44

Just feels like algos want to check off the box on the -10% correction on the S&P 500 here. We're just -1.2% away from that level as of Friday's close. Sometimes these types of things happen, remember in September when the meme was "it's been 12 months since the last 5% correction", and guess what happened, we touched -5% intraday on September 20 before rallying for a week and then closed below that -5% in the following 2 weeks. Same thing happened on Thursday-Friday with the 200 day MA on Nasdaq 100/S&P 500, they hadn't touched their 200 day MA's in 18+ months, and were just hanging a bit above, but it felt like algos kept selling until we breached those levels (and a ton of sales hit the moment each hit their 200 day MA). It's just difficult to avoid testing important levels when you're that close to them; algos will sell to them and then rally (look at the straight up 1% rally on Friday after we initially touched the 200 day MA on S&P 500; did not even spend a full 5 minutes under the 200 day MA initially). So if we open within 1% of the -10% correction level on the S&P 500, it's generally going to be hard to avoid at least testing it, if we don't close in the -10% correction territory we may see a solid dead cat bounce like we saw in September off the -5% level.

OnotagreatnameO

My 2 cents... I could be totally wrong. The market is totally un-predictable. The reason lately money has been moving to one direction is because this correction is long overdue and people are all waiting for it to happen. However, getting the time right is so difficult, when we did not break 200 MA, it could be just a normal pullback like back in late 2020 and 2021. However when it broke 200 MA, people were more certain it could be a big real correction so people started to sell big time. Unless they are a hedge fund, they should not try to predict the market using speculative trading strategies. Shorting is still mainly a hedge fund tool. And hedge funds, since 10 years ago, have not been very successful and we have see net redemptions from hedge fund continued every year.

Devinnn1

I wouldn’t risk 40% if you aren’t extremely familiar with individual stocks and know what you are doing. This game is hard, especially over 20 years. My advice would to consider add some US Small Cap Value. Over a 20+ year timeframe it is the best performing asset. AVUV is my favorite. Just simply do 80% VTI, 20% AVUV. Or just 100% VTI if you would like, that works too. If you absolutely cannot resist individual stocks maybe just do something like 5-10% into stable names like GOOG, MSFT, AMZN, V/MA, DIS, COST, HD, you get the drill.

BullishBearishBiz

Look up Insa in Springfield or Easthampton MA, if they have one of their premium strains it’s 480/oz, before your 20% sales tax, 600 total.