Maximus_Meridius said:Just a point of note:krosch11 said:
thanks, trying to get better at reading options flow
I really suck at this. Like, "worst trader on this thread" kind of suck at this. Take anything and everything I say with a mountain of salt.
some food for thought - typical bear market rallies are ~35 days, I believe this one is now at 41. I think the early '08 bear market rally was longer, something like 47-48. Ironically, I remember thinking at the time that the Q1 2008 drop was just a blip to recharge off of October 2007 ATH. I learned otherwise when Lehman collapsed.IrishTxAggie said:2965 is my line in the sand for tomorrow.$30,000 Millionaire said:gap up of at least 1% tomorrow.jbeck3487 said:
If the rug pull happens for some reason tonight, its going to be no bueno for me.
I don't think we can compare what is going on now to 08. Market fundamentals and overall health was great until they dropped the COVID bomb into the mechanism. I still think we see a healthy pullback, but I think that it pushes passed 3000 before we do. The fed backstop and prop also wasn't nearly as huge as it seems it is now.$30,000 Millionaire said:some food for thought - typical bear market rallies are ~35 days, I believe this one is now at 41. I think the early '08 bear market rally was longer, something like 47-48. Ironically, I remember thinking at the time that the Q1 2008 drop was just a blip to recharge off of October 2007 ATH. I learned otherwise when Lehman collapsed.IrishTxAggie said:2965 is my line in the sand for tomorrow.$30,000 Millionaire said:gap up of at least 1% tomorrow.jbeck3487 said:
If the rug pull happens for some reason tonight, its going to be no bueno for me.
you mean bad news. Remember, bad = up, good = down.topher06 said:
Looks like we will need some pretty good news for that to happen.
Anything under $28 buy with confidence. The example I posted actually pulled back to the mid-range line before exploding upward. Darvas Box is my favorite set up because its like pent-up energy coiled and ready to explode.jbeck3487 said:
BJ flashed back to 28.10
lol I posted this not realizing it was running up to earnings. hope my pep talk worked anywayPoopyPullup said:you and I are not even in the same ball park as far as experience, etc, but I'd hold. That's a lot of time to play with, and I assume ddog is running on strength not hype. I have september calls for another company that went into the money today and I'm not even thinking about selling for exactly the same reason, it's finally coming into favor and I think it's the start of a good run.Ranger222 said:
Going to have a tough decision here on whether or not to take profits on my long dated DDOG calls here before close...only have 1 contract in OCT strikes
Exsurge Domine said:
TSLA dumping as ELON jumped the gun on reopen
TSLA crushing dreams today.Exsurge Domine said:
TSLA dumping as ELON jumped the gun on reopen
IrishTxAggie said:
Elon is slowly becoming a folk hero amongst the small government types. TSLA will see $850 before it sees $750 again.
It's pretty obvious after his "price is too high" comment the market doe got give a rat's ass what he says or does
Exsurge Domine said:IrishTxAggie said:
Elon is slowly becoming a folk hero amongst the small government types. TSLA will see $850 before it sees $750 again.
It's pretty obvious after his "price is too high" comment the market doe got give a rat's ass what he says or does
Will be interesting to see what happens if he does get arrested.
PuryearAg98 said:
NVAX.... Thank you! for a kick ass Monday!
Up a cool $16, almost 50%Quote:
Novavax stock surges after hours on coronavirus funding, results
4:35 pm ET May 11, 2020 (MarketWatch)
Novavax Inc. (NVAX) shares rallied in the extended session Monday after the biotech company said it received a big investment for its COVID-19 vaccine candidate and topped Wall Street expectations for the quarter. Novavax shares surged 16% after hours, following a 31% rally in the regular session to close at $24.50. The company said the Coalition for Epidemic Preparedness Innovations will invest up to $384 million in the development of NVX-CoV2373, Novavax's vaccine candidate for SARS-CoV-2, the coronavirus that causes COVID-19. Funding will be used for combined safety and effectiveness testing of the vaccine, Novavax said. The company also reported a first-quarter loss of $25.9 million, or 58 cents a share, compared a loss of $43.2 million, or $2.11 a share, in the year-ago period. Revenue declined to $3.4 million from $4 million in the year-ago quarter. Analysts surveyed by FactSet had forecast a loss of 69 cents a share on revenue of $1.9 million
topher06 said:
Back to 293 in AH
gougler08 said:
ERI seems to have picked up steam
