The shorts are pounding ATER.
Inv H&S, Cup & Handle, whatever you want to call it....break that line and it flies, at least that's how Goldielocks told the story.BREwmaster said:
QQQ, still respecting my megaphone! over the same time frame, SPY is basically a sideways flag.
$1-$1.05 - Here is where I take my $ for a scalpAG 2000' said:Yep, #shbmFJ43 said:You're up 20% bro....AG 2000' said:
Gonna do the FJ VIX put trade here.
10/19 $20Ps filled at .63 for me.
cageybee77 said:cageybee77 said:
FAMI, whatever it is, moving quickly atm
still rising.....
edit - up 19% now
I was actually just thinking whether to start some starter positions long in AMZN or AAPL. The fruit is 10% off highs.BREwmaster said:
don't know how many remember or saw it, but OA was eyeing $135 for AAPL before buying his trading shares back. It has hit around 138, but no 135 yet.
I day trade it with shares. so I closed out my position yesterday from the 1.70s in the high 1.20s and then I re-hit it today when it touched 1.30 and covered down in the 1.05 - 1.10s. I used about 3,000 - 5,000 shares on each trade. I don't like overnight exposure unless it's OA banging the table.BlueTaze said:
What's your target to close out short?
I tip toed in at 1.18 yesterday and looking for .50 to scale in a bit bigger. I don't think this pump is over quite yet. I don't think big shorts are holding out for $0.
Cem seems to think this week was made to run up due to a 3-factor deal about Ivol and some other stuff. But a bunch of vanna and charm come off on Friday so he's unsure if we can juice it enough to keep it going into next week. (OPEX)TMOOSE said:
Tics free trade plan for tomorrow!
FREE trade plan 10/7:
1. Orderflow pivot is 4327.25
2. IMO there are stops at 4362 which sellers are protecting
3. If we get to these stops 4392 can trade
4. If open is below 4327, then 4280 may trade . Now 4338.
JbKing45 said:
I'm surprised that there hasn't been any news from
WWR. Hoping we don't have to wait until December for the study to be completed. Really hoping to see the volume pick back up on this one.
As well as facing the headwinds of the checklist below-McInnis 03 said:Cem seems to think this week was made to run up due to a 3-factor deal about Ivol and some other stuff. But a bunch of vanna and charm come off on Friday so he's unsure if we can juice it enough to keep it going into next week. (OPEX)TMOOSE said:
Tics free trade plan for tomorrow!
FREE trade plan 10/7:
1. Orderflow pivot is 4327.25
2. IMO there are stops at 4362 which sellers are protecting
3. If we get to these stops 4392 can trade
4. If open is below 4327, then 4280 may trade . Now 4338.
another hard dip day and it should at least flash that 135.La Bamba said:I was actually just thinking whether to start some starter positions long in AMZN or AAPL. The fruit is 10% off highs.BREwmaster said:
don't know how many remember or saw it, but OA was eyeing $135 for AAPL before buying his trading shares back. It has hit around 138, but no 135 yet.
yes, you forgot to mention 1) our president is an idiot and 2) the congress is a disaster.Farmer @ Johnsongrass, TX said:As well as facing the headwinds of the checklist below-McInnis 03 said:Cem seems to think this week was made to run up due to a 3-factor deal about Ivol and some other stuff. But a bunch of vanna and charm come off on Friday so he's unsure if we can juice it enough to keep it going into next week. (OPEX)TMOOSE said:
Tics free trade plan for tomorrow!
FREE trade plan 10/7:
1. Orderflow pivot is 4327.25
2. IMO there are stops at 4362 which sellers are protecting
3. If we get to these stops 4392 can trade
4. If open is below 4327, then 4280 may trade . Now 4338.
-unemployment report out on Friday
-inflation
-talk of tapering
-talk of raising interest rates
-China melt (Evercleargrande)
-debt ceiling (btw, we busted through the ceiling and the roof long ago)
-default
-threat of the US credit downgrade
-Powell reappointment or ejection seat
-supply chain issues
-housing bubble or is it
-energy issues
-new tax laws
-more stimulus
-miss anything?
I am bullish to the end of the year, but this October month is acting like a gigantic wheel chock.
I'm beginning to think that JPowell will wait on tapering and/or raising interest rates based on if he gets reappointed. If the stock market reacts negative to tapering or an interest rate rise (and it should) why would Powell want his legacy remembered in this manner when he's walking out the door? Let the other guy/gal new Fed Chair do the dirty work. If this is the case, the stock market would be negative with a new Fed Chair and negative with a taper. A double negative. Otherwise, let Powell get reappointed, do the taper/interest rate deed and give him a chance to work through the mess with a good landing for the economy.
BaylorSpineGuy said:
You're probably right….because I almost never am.
Oh, and you forgot to mention violent crime is up for first time in 4 years.
You are the eternal optimist, friend! Your house could be on fire and you would be excited that it wasn't cold indoors haha jk.
For all the reasons you mentioned, I remain bearish, but the market makers suck premium like crazy based on market sentiment.
The debt ceiling thing is a big farce. Our dumbass leaders would never let us default on the ridiculous spending they've already promised and legislated.
This country has to wean itself from the heroin that is government spending. Or we will OD one day. The fact we keep having to raise the debt ceiling while not curbing federal spending is a complete shame.
There is a reason why some of them want to continue to spend money and hang us with things like the green new deal b.s. Their buddy (China) stands to benefit immensely (lithium and EV).$30,000 Millionaire said:BaylorSpineGuy said:
You're probably right….because I almost never am.
Oh, and you forgot to mention violent crime is up for first time in 4 years.
You are the eternal optimist, friend! Your house could be on fire and you would be excited that it wasn't cold indoors haha jk.
For all the reasons you mentioned, I remain bearish, but the market makers suck premium like crazy based on market sentiment.
The debt ceiling thing is a big farce. Our dumbass leaders would never let us default on the ridiculous spending they've already promised and legislated.
This country has to wean itself from the heroin that is government spending. Or we will OD one day. The fact we keep having to raise the debt ceiling while not curbing federal spending is a complete shame.
Congress needs better age diversity to properly balance short term and long term needs of the country. These ancient boomers keep kicking the can down the road.