bmneveu's Account Talk

[bmneveu]

And crypto has to be adding a little bit of nitrous oxide to your accounts. :headbang:

Not sure if it was here or one of your videos, but I thought it was something like 10% of your net worth was in crypto. How's it looking now with bitcoin taking a stab at 50,000?

Ya my crypto gains are up something like 500% over the last 6 months between coins and crypto stocks. It's been a wild ride! It wasn't 10% of my assets before, but might be around that range now. Might need to start taking some profits to trim the exposure back a some.

 

[bmneveu]

Okay that's enough pullback. Time to head up again now!

 

[bmneveu]

Holy Small Caps!

S&P 500 is around flat line, R2K is around +2%.

 

[Cactus]

Yes, the S Fund is still the place to be for now. Today we made up half of the losses from the previous three days. Hopefully it doesn't bounce down further from here. :suspicious:

 

[bmneveu]

It's days like these I wish my monthly contribution was timed up perfectly to buy the dip.

 

[kportra]

It's days like these I wish my monthly contribution was timed up perfectly to buy the dip.

That would be nice! Mine looks like it goes in the Monday before Thursday payday. So for this time, I did get in at a small dip.

 

[bmneveu]

Nice tail on yesterday's candlestick. I like to call them pogosticks because we tend to bounce off them at the bottom of pullbacks. Bullish indicator for today.

I believe it was System of a Down that said it best:

 

[bmneveu]

Here's everything you need to know about GameStop:

 

[bmneveu]

The S Fund lost 4% last week. Now it is trying hard to make that all back in one day.

 

[nasa1974]

The S Fund lost 4% last week. Now it is trying hard to make that all back in one day.

Lets hope we don't give it all back tomorrow.

 

[bmneveu]

Like clockwork, the market bottoms at 10:30 and heads up from there. I wonder if I made a bot to enter a short on S&P 500 every morning until 10:30, then went long until the close, every single day, how well that would perform...

 

[rangerray]

Like clockwork, the market bottoms at 10:30 and heads up from there.

I hope that happens today. Suddenly, something seems different. I'm not sensing too many hopeful dip buyers right here at 1030.

 

[rangerray]

I hope that happens today. Suddenly, something seems different. I'm not sensing too many hopeful dip buyers right here at 1030.

I guess I have to circle back on this statement. Moments after posting that comment it looks like the pendulum swung the other way. Since when do we have to worry about predicting a "V" bottom for the day?

 

[bmneveu]

I guess I have to circle back on this statement. Moments after posting that comment it looks like the pendulum swung the other way. Since when do we have to worry about predicting a "V" bottom for the day?

Since TSP implemented the silly rule of having our IFTs submitted prior to noon if we want them processed that day, ugh.

 

[bmneveu]

Inverse H&S on 15 minute of small cap index Russell 2000. Suggests a very bullish week. Upside target of 5% from here (for small caps).

Edit: Image here -- https://www.tradingview.com/chart/IWM/HZmV1TLE-Inverted-Head-and-Shoulders-on-Small-Cap-Index/

 

[bmneveu]

The market is closed? What am I supposed to do all day now? Work?

 

[weatherweenie]

No sports to follow either. WTF?!

The market is closed? What am I supposed to do all day now? Work?

 

[bmneveu]

No sports to follow either. WTF?!

The Rays won on opening day. I'm still riding that high.

 

[bmneveu]

The S&P 500 is extremely overbought. Small caps are heading that way but not there yet. We might need another breather soon.

 

[bmneveu]

Thank you Papa Powell!

https://www.cnbc.com/2021/04/27/stock-market-futures-open-to-close-news.html