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MDawg
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February 28th, 2021 at 7:44:19 PM permalink

I guess I like it fine...so far.

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SOOPOO
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March 1st, 2021 at 7:26:10 AM permalink
Opened up. Now around 2%. I just put sell order in on TSLA at 718. If I get out + $220 it will whet my appetite for more such follies!
DRich
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March 1st, 2021 at 7:31:05 AM permalink
Quote: SOOPOO

Opened up. Now around 2%. I just put sell order in on TSLA at 718. If I get out + $220 it will whet my appetite for more such follies!



I am impressed. Almost no one uses the proper "Whet" in a sentence. Usually people just use "wet".
At my age, a "Life In Prison" sentence is not much of a deterrent.
MDawg
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March 1st, 2021 at 7:45:17 AM permalink
Soopoo you have had 706 more than once, but you'll get the 718 sooner or later, although it might dip first.

I did just one trade today. I was being too cheap trying to get TSLA at 679, and I cancelled out all the subsequent AMZN orders.


When the market goes up like this typically I just watch my long terms go up anyway and don't trade. But AMZN is still weak, and dips a lot....
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MDawg
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March 1st, 2021 at 9:22:32 AM permalink
Soopoo, TSLA didn't quite make it there. 717 was the high for the day so far, it looks like.

Now, this may sound counterintuitive but I'd suggest RAISING your sale price, at least for today. If it makes it back to 717, it will take out 718 easily. And if it doesn't get back to 717 today then it won't make it to 718 anyway. That's Advanced Trading 301.
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SOOPOO
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March 1st, 2021 at 9:54:01 AM permalink
Quote: MDawg

Soopoo, TSLA didn't quite make it there. 717 was the high for the day so far, it looks like.

Now, this may sound counterintuitive but I'd suggest RAISING your sale price, at least for today. If it makes it back to 717, it will take out 718 easily. And if it doesn't get back to 717 today then it won't make it to 718 anyway. That's Advanced Trading 301.



Not sure why you are suspended again.... but it did make 718 and I'm out! Profit $240, minus 14 cents in some fees. I'm going to keep on trying. maybe not today.
MDawg
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March 8th, 2021 at 6:53:14 AM permalink
Quote: MDawg

Soopoo, TSLA didn't quite make it there. 717 was the high for the day so far, it looks like.

Now, this may sound counterintuitive but I'd suggest RAISING your sale price, at least for today. If it makes it back to 717, it will take out 718 easily. And if it doesn't get back to 717 today then it won't make it to 718 anyway. That's Advanced Trading 301.



Quote: SOOPOO

it did make 718 and I'm out! Profit $240, minus 14 cents in some fees. I'm going to keep on trying. maybe not today.



As you may see, TSLA did hit the 720s that day, March 1st, in the AH. You should have raised your sell price, but no matter - out at 718 with a profit, nothing wrong with that!
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MDawg
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March 8th, 2021 at 7:07:02 AM permalink
Quote: SOOPOO

Trying again. Bought 20 shares of TSLA for 697. Down to 694 a few minutes later..... Put in sell order for 707. Hopefully will skim another $200 from 'the market' again. If not.... i own 20 more shares of TSLA.....



Quote: SOOPOO

.So realistically I could be stuck with my 20 shares Ďforeverí. I think itís down to around 670. Picking a stock at 670 and hoping for 707 is generally (or should be!) a long term play! I was in at 697. MDawg would be buying more. Iím chicken.



Sorry I wasn't around to help you out of this one. This was on March 2nd? I wouldn't have approved of that trade for a number of reasons, but the main one being that you entered it too close to the bell. If you haven't noticed yet - first thing in the morning "anything goes" - the stocks I trade tend to exhibit the "elasticity" to rebound on dips, no matter what else is in store for later in the day. Closer to the bell it's more of a 50-50 crap shoot where it either sells off, or goes up - there are some advanced techniques I use to try to predict what will happen each day at the close, but it's by no means assured.

Next time you plan a day trade, try to get in earlier in the day - when the time is right, versus reverting to artificially set buy prices. The timing of the trade often matters more than the price. Think about it - 697 might have seemed like a steal in a vacuum, but at that point that you pulled the trigger, so late in the day, you didn't have much time for the stock to rebound...and indeed, instead, it tanked.
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MDawg
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March 8th, 2021 at 7:09:10 AM permalink
Booked an easy 1000 on TSLA. It went much higher, but it also went lower before finally filling at my target. And now it has sold off some again.



But you see how at that time when I pulled the trigger, TSLA was going both up, and down - the "elasticity" was there. People hadn't given up on the stock and were buying the dip furiously. As well, I pretty much caught the low for the day, so far.

Tech stocks are still in dicey territory. Firm recovery is not yet afoot.
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MDawg
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March 8th, 2021 at 7:13:13 AM permalink
I also was doing some more thinking about selling short. In the scheme of things, as I mentioned before, it does not affect the sales price. It is longs who abandon ship that drive the price down, not merely short sellers.

Does shorting a stock make it go down?
The simple and most practical answer here is NO.
Does Shorting a Stock Drive the Price Lower?
Does shorting a stock make it go down?
The simple and most practical answer here is NO.

Only 10-15% of shares in circulation are lent for short-sellers. That percentage is very low. This means that when the price drops, it has little to do with short selling. Rather, the real reason for prices dropping is long holders panicking.

Short sellers being able to depress share price is simply just a myth. One that is not supported by practical experience. Over the long term that is.

Short-sellers alone do not have the power to hold down the price of a stock for any significant amount of time. They can succeed in doing so in the short term. But the effects wonít last for long.
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MDawg
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March 8th, 2021 at 7:21:30 AM permalink
By the way, speaking of longs abandoning ship - that is happening today with CYDY, as it failed to convince investors that anything good is on the immediate horizon.

CytoDyn: Parsing Failure
Summary
The CD12 trial on severe-to-critical COVID-19 failed.
You wouldn't easily guess it from the 3 PRs CytoDyn issued on the subject.

The results released Friday, notwithstanding some naive CYDY "investors" who were fooled by the CYDY CEO's double talk, failed to impress. I noticed some of these hopeful amateurs posting on the CYDY message boards over the weekend. Absent something happening soon, CYDY may be bankrupt by year's end.
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darkoz
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March 8th, 2021 at 7:42:12 AM permalink
Quote: MDawg

By the way, speaking of longs abandoning ship - that is happening today with CYDY, as it failed to convince investors that anything good is on the immediate horizon.

CytoDyn: Parsing Failure
Summary
The CD12 trial on severe-to-critical COVID-19 failed.
You wouldn't easily guess it from the 3 PRs CytoDyn issued on the subject.

The results released Friday, notwithstanding some naive CYDY "investors" who were fooled by the CYDY CEO's double talk, failed to impress. I noticed some of these hopeful amateurs posting on the CYDY message boards over the weekend. Absent something happening soon, CYDY may be bankrupt by year's end.



You really need to stop looking to short investors like Adam Fueurstein for your advice.
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MDawg
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March 8th, 2021 at 7:50:01 AM permalink
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darkoz
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March 8th, 2021 at 8:09:35 AM permalink
Quote: MDawg



Why insist on these circles.

Price goes down you post.

Be a man and post when the price goes up as well instead of hiding

You have done this like five times now and price always goes back up.

Not one of your bankruptcy suggestions has come true
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MDawg
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March 8th, 2021 at 8:12:19 AM permalink
Penny stocks are not anything I usually think much about or follow. I probably would not be posting about CYDY absent your having brought it up. But otherwise, my comments on the stock are how I see it.

As well, this is the first time I have mentioned the possibility of bankruptcy for CYDY.
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SOOPOO
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March 8th, 2021 at 12:19:54 PM permalink
My recent buys have been, what is a good word for them?..... DISASTERS! I own 20 shares of TSLA at 697. And I forget how many or exactly what I'm in at but HERO down 5-10% in a few days. The "green" stocks I bought are all way down. I bought a 'hot' Alaskan mining stock.... sinking like an anchor..... I feel like I'm the guy hitting 16 against a dealer 2 because I have a 'hunch'.

But going to Florida next week so at least I'll be golfing and swimming and if I'm losing money I won't be noticing as much....
MDawg
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March 8th, 2021 at 12:27:40 PM permalink
Quote: MDawg

Sorry I wasn't around to help you out of this one. This was on March 2nd? I wouldn't have approved of that trade for a number of reasons, but the main one being that you entered it too close to the bell.


Of course to every rule, there is an exception.

TSLA at that price, for today, was too good to pass up. 1500 booked today.
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MDawg
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March 8th, 2021 at 12:28:57 PM permalink
Quote: SOOPOO

My recent buys have been, what is a good word for them?..... DISASTERS! I own 20 shares of TSLA at 697. And I forget how many or exactly what I'm in at but HERO down 5-10% in a few days. The "green" stocks I bought are all way down. I bought a 'hot' Alaskan mining stock.... sinking like an anchor..... I feel like I'm the guy hitting 16 against a dealer 2 because I have a 'hunch'.

But going to Florida next week so at least I'll be golfing and swimming and if I'm losing money I won't be noticing as much....



Everyone's tech stocks are way down from their highs.

DOW stocks I hold long term, especially financials, are actually doing quite well lately. And LYFT is making a comeback.
Last edited by: MDawg on Mar 8, 2021
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OnceDear
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March 8th, 2021 at 12:45:55 PM permalink
Quote: SOOPOO

My recent buys have been, what is a good word for them?..... DISASTERS!

Soopoo, you disappoint me. You should know the process by now. Pay attention to the great one. Report every success. Every post must show a profit. even if you have to invest a million to make 100. If you've got nothing good to say: Say nothing.

Don't get seduced into joining the "I win always club." unless you have some way of always winning.
Caveat emptor.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
MDawg
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March 8th, 2021 at 12:54:08 PM permalink
SP remember what I said...there is a learning curve to trading. And...some will never be good at it.

Long term I am sure whatever TSLA you bot will come back strong. Have fun in Miami (or wherever you'll be in FL). I'll be in Vegas, and by then the weather should be improving in Vegas too.
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MDawg
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March 8th, 2021 at 1:16:09 PM permalink
Yikes. Not good.


Many of my tech stocks went down today too though. But, they will recover. Will CYDY?
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MDawg
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March 9th, 2021 at 10:05:54 AM permalink
We're doing all right today, eh, SooPoo?

Haven't even traded - just watching the long terms go up.


On the CYDY front:
The issue is that CYDY failed to get any kind of FDA emergency approval absent further, expensive trials - and - the company has no funds to proceed without selling more stock and diluting current stockholders further.

Abandon ship!

What's interesting in these scenarios is that SOMETIMES shareholders take the actual news that they are about to be diluted as positive. For example each time TSLA has declared that it is issuing more shares to raise capital, even after a momentary dip the stock has roared. Whether that will happen with CYDY too, remains to be seen. For now, shareholders are dumping before the dilution happens.
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darkoz
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March 9th, 2021 at 10:08:10 AM permalink
Quote: MDawg

We're doing all right today, eh, SooPoo?

Haven't even traded - just watching the long terms go up.


On the CYDY front:
The issue is that CYDY failed to get any kind of FDA emergency approval absent further, expensive trials - and - the company has no funds to proceed absent selling more stock and diluting current stockholders further.

Abandon ship!



Meh, I am not worried.

You brag about booking a hunny a day and five hunny on good days.

I usually book about five grannies at my AP.

I'm not the one stressing
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MDawg
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March 9th, 2021 at 10:15:45 AM permalink
This is the MDAWG INVESTMENT thread. Don't mix apples and oranges. Do I talk about Baccarat in this thread? Do I mention that I can afford to lose money in the market? What kind of an attitude or statement would that be. Relevance?

And incidentally - when I trade my goal is a minimum thousand a day, with some days five thousand. I've booked twenty grand before in a day in trades. I've had some AH earnings plays where I have booked far more than twenty grand. Add a zero to those figures you mention.

But that's not the point.
CYDY is a loser unless at the moment it dilutes people somehow view that as positive. Which they might. In the meantime it's not just that you picked the wrong horse - it's that you failed to cash in your ticket at 7 and parlayed it further. Further into a LOSER. I don't say this just to taunt you. I say it so that it'll wake you up enough to learn from this experience and not do the same next time. If not, lotsa luck, you're destined to repeat the same mistake again.


I guess you was layin'.
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darkoz
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March 9th, 2021 at 10:23:26 AM permalink
Quote: MDawg

This is the MDAWG INVESTMENT thread. Don't mix apples and oranges. Do I talk about Baccarat in this thread? Do I mention that I can afford to lose money in the market? What kind of an attitude or statement would that be. Relevance?

CYDY is a loser unless at the moment it dilutes people somehow view that as positive. Which they might. In the meantime it's not just that you picked the wrong horse - it's that you failed to cash in your ticket at 7 and parlayed it further. Further into a LOSER. I don't say this just to taunt you. I say it so that it'll wake you up enough to learn from this experience and not do the same next time.


I guess you was layin'.



For a supposed stock market guru you don't understand that until the day I sell I haven't lost a Penny.

Funny thing is we both been here like five times already. Where you declare Cytodyn a loser, I don't sell and whoops, I'm back up.

Maybe that won't happen this time but I'm not scared money. I make too much at the Casinos to be scared.

You on the other hand always act scared. And I find it difficult to fathom a millionaire who brags about making hunnies.

Or that brags about making five grand bets at Baccarat but finds it incredulous that I can make so much AP'ing at the casino.

I literally have checked the stock price of Tesla zero times because I don't own it so don't care. Yet you check Cytodyn on a daily basis. Again someone who is so obsessed with other people's investment doesn't strike me as what millionaires do

It's simply not jiving with me.
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MDawg
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March 9th, 2021 at 10:31:57 AM permalink
The point is to win - no matter what, large or small.

And again, you don't need to introduce your alleged recent life story to defend yourself. CYDY is a loser, and you didn't sell at a double four or five times now. Until you come to terms with that, you're just going to keep hitting the same wall.

And that's part of why it's unlikely that you could be successful. One key component of success is the ability to adapt. To learn. You stubbornly insist that what you're doing here and have done with CYDY is the best and only way to go. I recall some statement you made to the effect of - why would I want to sell even one share, if it goes to _____ then I will have missed out. If you could just hear how far from smart trading OR investing that sounds, you'd perhaps reevaluate.

Anyway, carry on. You have it all figured out. No one can tell you anything.

You can't even seem to understand why the stock is falling. It didn't occur to you after reading the press release that they would have to sell shares to raise funds? DILUTION didn't scream out at you when you read the story?
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darkoz
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March 9th, 2021 at 10:38:04 AM permalink
Quote: MDawg

The point is to win - no matter what, large or small.

And again, you don't need to introduce your alleged recent life story to defend yourself. CYDY is a loser, and you didn't sell at a double four or five times now. Until you come to terms with that, you're just going to keep hitting the same wall.

And that's part of why it's unlikely that you could be successful. One key component of success is the ability to adapt. To learn. You stubbornly insist that what you're doing here and have done with CYDY is the best and only way to go. I recall some statement you made to the effect of - why would I want to sell even one share, if it goes to _____ then I will have missed out. If you could just hear how far from smart trading OR investing that sounds, you'd perhaps reevaluate.

Anyway, carry on. You have it all figured out. No one can tell you anything.

You can't even seem to understand why the stock is falling. It didn't occur to you after reading the press release that they would have to sell shares to raise funds? DILUTION didn't scream out at you when you read the story?



Lol, I really can't take stock advice from a guy who claims to beat Baccarat at a -EV
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MDawg
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March 9th, 2021 at 10:47:34 AM permalink
FAILED TO ADAPT could be written on some people's tombstones. Don't let it be that way with you.
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darkoz
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March 9th, 2021 at 10:56:34 AM permalink
Quote: MDawg

The point is to win - no matter what, large or small.



Nice sentiment. Is that why you insist you always win at both Baccarat and the market?

You don't believe in admitting defeat ever?

I can deal with losses and know how to overcome them.

Hell I was at my lowest in life, living on the street and still made a comeback.

There is no shame in taking a loss. It's why people have trouble believing your claims.

At any rate, you make hunnies and I make grannies. Hell even had grannies to invest in Cytodyn.
For Whom the bus tolls; The bus tolls for thee
MDawg
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March 9th, 2021 at 11:12:21 AM permalink
Correct, I trade additional shares - most days, not all - on top of my long terms. My long terms go up and down staggering amounts regularly. Trading wise my goal is about a grand a day. I haven't pulled anything out of my stock accounts in - I can't even remember the last time. That's not my source of income.

Anyway,

So what's the point of these...posts from today? To school DarkOz. No! It's to provide an example of FAILURE TO ADAPT and hope that others will learn from this. This is not about DarkOz at all.

1) Don't buy crap penny stocks.

2) If you do, at least sell them when they are up!

https://getyarn.io/yarn-clip/d1ed840c-5325-46eb-84c1-3e0e5c599ccd

https://movie-sounds.org/famous-movie-samples/quotes-with-sound-clips-from-the-wolf-of-wall-street/but-rich-people-don-t-buy-penny-stocks-they-just-don-t
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SOOPOO
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March 9th, 2021 at 1:41:39 PM permalink
Yes, MD, a good day! It seems I am more tied to NASDAQ than Dow, so up around 1.5% today. Thatís a BIG day for me, as my bonds temper ups and downs. I know it is more pride or hubris or whatever on my part... but Iím just emotionally tied to TSLA getting over 700 more than I should be! Even with big up today, I think Iím down around 3% from my all time high.
MDawg
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March 10th, 2021 at 6:21:04 AM permalink
Take a look at TSLA in the pre- SooPoo.

https://getyarn.io/yarn-clip/a0e39722-de1d-4007-b1f2-e3e4b3e220df
Back to 705.
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MDawg
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March 10th, 2021 at 6:26:17 AM permalink
On the other hand, CYDY is struggling to stay above 2 right now in the pre-.

Unhappy daze for CYDY. 😞
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MDawg
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March 10th, 2021 at 7:43:21 AM permalink
Booked my K for the day, felt justified in getting out of bed.

I had the bottom fishing TSLA @ 685 in a while and cancelled it out when it seemed like no way it would hit. I reentered it later when the Nasdaq started weakening badly.
Then it hit - and fell to 678 or so. Typical. Still came back to give me the intended dollars tho.

I also had a 3060 AMZN in, but I cancelled it out once the TSLA filled, didn't want to deal with it. That would have been a good trade too.

What's funny is that as the Nasdaq started to drop I noticed that CYDY actually started to go up a tad. I guess those penny stock players march to a different drummer.

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MDawg
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March 10th, 2021 at 7:47:20 AM permalink
I don't know why NFLX can't seem to get above 519 lately. I need that to get out at a profit of a NFLX trade I've been stuck in since last week.

We need another NFLX stock split! Those were the days and why I've held long term shares in that one for a solid ten plus years now. I bot NFLX and it PROMPTLY dropped to around 50% back then ten years ago, but has gone up magnificently since. Which is why you don't worry about TSLA SooPoo - it may have dropped below 700 again, but it'll be much higher eventually. HODL.
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darkoz
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March 10th, 2021 at 8:31:01 AM permalink
Quote: MDawg

On the other hand, CYDY is struggling to stay above 2 right now in the pre-.

Unhappy daze for CYDY. 😞



Lol you are clearly obsessed with me.

Why is that?

I suspect because when it comes to winning in casinos I am the real deal and winning every day Baccarat isn't.

Sorry for your jealousy
For Whom the bus tolls; The bus tolls for thee
MDawg
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March 10th, 2021 at 8:35:06 AM permalink
It's incredible how AMZN swings, especially these days. You see that SooPoo? 50-100 points routinely on dip days like today. Catch it right and there is a lot of opportunity.

TSLA too.
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AxelWolf
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March 10th, 2021 at 8:37:07 AM permalink
Quote: darkoz

Lol you are clearly obsessed with me.



Sorry for your jealousy

You know how these high-priced attorneys, high roiling, big stock trading, always winning multi-millionaires are.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
MDawg
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March 10th, 2021 at 8:45:21 AM permalink
Trouble in Paradise in the tech sector again.
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MDawg
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March 10th, 2021 at 8:58:55 AM permalink
Had another order in for AMZN 3041 and TSLA 673. Rebounded now. Cancelled the orders out. May be done for the day. Actually hope I AM done for the day. Would rather we rally back up from here. Have to get to some work anyway. Real world work. Sigh.
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JoanMetcalfe
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March 10th, 2021 at 9:07:59 AM permalink
Hah, nice one :Dh[Spam Link Redacted. ByeBye]
Last edited by: OnceDear on Mar 10, 2021
MDawg
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March 10th, 2021 at 11:06:35 AM permalink
Quote: JoanMetcalfe

Hah, nice one :Dh [spam link removed]


Do spammers pick the most popular threads in which to post?

Market's dipping. Have an order to buy AMZN at 3031. If doesn't fill soon will cancel it out. Don't want to get stuck too close to the bell.
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SOOPOO
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March 10th, 2021 at 11:34:43 AM permalink
Quote: MDawg

Quote: JoanMetcalfe

Hah, nice one :Dh [spam link removed]


Do spammers pick the most popular threads in which to post?

Market's dipping. Have an order to buy AMZN at 3031. If doesn't fill soon will cancel it out. Don't want to get stuck too close to the bell.

.

I am in TSLA again at 665. And I have AMZN order at 3030! I got greedy and put TSLA sell order at 702. That would be $700. And if it doesnít get there..... Iím long 20 more shares....
MDawg
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March 10th, 2021 at 12:45:02 PM permalink
Nice catch! on the TSLA. What did you let it go at? because as you know it went all the way back to 667 or so.

I don't think we'll be getting a fill on our AMZN orders today. lol, I even lowered mine to 3027.

Still, I booked my K for the day. That's the minimum I like to book as far as trading.
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SOOPOO
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March 10th, 2021 at 1:12:16 PM permalink
Quote: MDawg

Nice catch! on the TSLA. What did you let it go at? because as you know it went all the way back to 667 or so.

I don't think we'll be getting a fill on our AMZN orders today. lol, I even lowered mine to 3027.

Still, I booked my K for the day. That's the minimum I like to book as far as trading.



To use your phraseology, I guess I "booked" $740 today. I haven't sold the TSLA that I bought at 665 yet. I also bought Roblox. At around $69. Wife's daughter says 'everyone' will be playing it, or using it, or whatever they do with it. I am keeping it for long term, not trading.

To digress.... I own Oracle LONGGGGG term..... Just announced earnings..... beat estimates.... revenue growth..... beat estimates..... so...... down 3% as soon as the info came out....... It just never makes much sense.....
MDawg
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March 10th, 2021 at 1:35:25 PM permalink
I don't follow Oracle. However, in general when a company beats on earnings and revenue but still drops it might mean that no guidance was given. Or it could mean nothing at all and after an initial knee-jerk sell off the stock goes up.

Nice job! on the trades. Especially given that you buy very small lots 740. is great!

"Booking" as we know means open and closed trades.
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MDawg
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March 11th, 2021 at 8:16:23 AM permalink
Caught pretty much the bottom on TSLA but didn't let it ride for the full boat K. If the market continues to improve might return to 500 share lots for TSLA. Five hunny trading might be it for today absent another big dip.



Yesterday, SooPoo practically catches the bottom, today, MDawg catches the bottom. How dey do dat? Either MDawg is a good teacher, or this stock trading thing isn't so very hard if you know what you are doing.
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Gundy
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March 11th, 2021 at 8:51:15 AM permalink
Crazy market. Reminds me of the late 90s bubble. I sold half of all equities this morning. All were long-term holdings. Wanted to take profits before the coming crash (whenever it is).

Great thread guys.
MDawg
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March 11th, 2021 at 9:00:24 AM permalink
Thank you. Yes it has been a crazy market.

But for years now it has seemed like...if an atom bomb went off in San Francisco Thursday, the market would shrug it off and roar again by Tuesday.

Lately - and by lately I mean, just for a couple weeks or so - things have seemed a bit dicey though.

But when you think about it, the economy should be improving as coronavirus recedes and more people get vaccinated, so...why shouldn't we continue upwards?
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MDawg
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March 11th, 2021 at 9:17:58 AM permalink
Quote: MDawg

I don't follow Oracle. However, in general when a company beats on earnings and revenue but still drops it might mean that no guidance was given. Or it could mean nothing at all and after an initial knee-jerk sell off the stock goes up.

Nice job! on the trades. Especially given that you buy very small lots 740. is great!

"Booking" as we know means open and closed trades.



I looked into it further. As I suspected, Oracle provided poor guidance.

Nowadays people are really spoiled...a triple home run, earnings, revenue AND good guidance are needed to hit it out of the park and stay there. But as mentioned, you never know, I've seen so many times earnings are released and the stock goes up and down wildly until people decide what the data MEANS.

The stock market is run by the EMOTIONS of the traders - by the emotions of the people behind all those screens. Even the algos are programmed by humans...and to a certain extent those programs are designed to try and mimic or rather, anticipate what human traders will do.

What's really cool is to research how the stock market or the equivalent worked in the past...going back centuries. It gives a lot of insight into how it works today, just...today on a larger scale...and right into everyone's bedroom, lying on one's back on a smart phone (West Coast time...the East Coast at home traders are already up and about).
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