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24,643,312 Views | 233293 Replies | Last: 4 hrs ago by Heineken-Ashi
agdaddy04
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AG
McInnis 03 said:

FB killed the stonk monkets

Should be a quick recovery, right?
ProgN
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McInnis 03 said:

FB killed the stonk monkets
FB, SPOT, QCOM and QRVO are running a train on tech AH tonight.
BrokeAssAggie
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Damn.. just saw futures. Should've held my Q puts.
ProgN
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BrokeAssAggie said:

Damn.. just saw futures. Should've held my Q puts.


The markets at the open.

BrokeAssAggie
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I sold them after close today for a small gain. I don't like holding calls or puts over night in this market.
gougler08
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AG
So I was in a team meeting all day, what broke the markets?
McInnis 03
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AG
Irish 2.0
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FB
gougler08
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AG
Irish 2.0 said:

FB


That's AH but what about to start? Futures were way green and then I open my account to a bunch of meh. Jobs?
Irish 2.0
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gougler08 said:

Irish 2.0 said:

FB


That's AH but what about to start? Futures were way green and then I open my account to a bunch of meh. Jobs?


QQQ basically closed at a model T with in the positive a hammer. FB, SPOT, and QRVO are what happened. Your individual stocks may have just had a bad day.
BrokeAssAggie
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gougler08 said:

So I was in a team meeting all day, what broke the markets?


It was that lib Zuckaberg
gougler08
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AG
Thank you sir
Charismatic Megafauna
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AG
Dammit. Watched qqq 160p expire worthless this afternoon
SF2004
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AG
Are we surprised by this drop? It was a ridiculous pump starting about 2 days ago.

Just needed one company to miss to pull the rug. There was no volume and just a bunch of hopium for "another leg up".
lobwedgephil
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Yeah, that's a bad look. Was watching for it on ES, but should have been on NQ.
Brewmaster
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AG
SF2004 said:

Are we surprised by this drop? It was a ridiculous pump starting about 2 days ago.

Just needed one company to miss to pull the rug. There was no volume and just a bunch of hopium for "another leg up".
not really. I'm all cash, but long some SARK. and seasonality says tech dumps here through February and doesn't recover til March. It's going to be a bumpy ride gents!

I think someone said AMZN earnings tomorrow, should be interesting.
Spoony Love
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AG
I think I may have pulled off a lucky bad habit.

Held on to a couple SPY 2/4 $450P. Thought there may be a dip tomorrow to claw back some cash but it may actually play out here.

Not going to keep SPY options overnight as a habit unless it's obvious. This was not obvious.
$30,000 Millionaire
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AG
Patience will pay off yet again.
Touchless
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AG
More bad publicity for FB on the way??

https://www.vice.com/en/article/3abpg3/woman-says-she-was-virtually-gang-raped-in-facebooks-metaverse?utm_medium=vicenewsig&utm_campaign=later-linkinbio-vicenews&utm_content=later-24300500&utm_source=linkin.bio
mazag08
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AG
Yikes..



oldarmy1
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AG
Ok, so the flash extended slightly further above Model T than posted. But don't mess with going long when above Model T after a harsh drop. In fact, be put hedged and trimmed as usual.

Now wave Model T achieving and if into a retest it may or may not hold. Back on volume capitulation bottom watch.
McInnis 03
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AG
My backyard weather station looks exactly like yesterday's futures chart
sts7049
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AG
ES-F still around 4520 which is mancini's big level. so we aren't dead yet
ProgN
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UK energy bills to rise by over 50% in April as regulator announces hike

https://www.cnbc.com/2022/02/03/uk-energy-bills-to-rise-by-over-50percent-in-april-as-ofgem-announces-hike.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Not good news for our brother, 59South, across the pond.
Bob Knights Paper Hands
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cgh1999
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AG
ProgN said:

UK energy bills to rise by over 50% in April as regulator announces hike

https://www.cnbc.com/2022/02/03/uk-energy-bills-to-rise-by-over-50percent-in-april-as-ofgem-announces-hike.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Not good news for our brother, 59South, across the pond.

Unless he's invested in gas companies and exporters?
Bob Knights Paper Hands
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Yeah, he's in oil and gas. He's the one that decided to raise those prices. Here's actual footage of 59S.

https://images.thestar.com/uiLUOeSLqPMeTQuoAlXh_m90HnM=/1200x877/smart/filters:cb(2700061000)/

59 South
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AG
ProgN said:

UK energy bills to rise by over 50% in April as regulator announces hike

https://www.cnbc.com/2022/02/03/uk-energy-bills-to-rise-by-over-50percent-in-april-as-ofgem-announces-hike.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Not good news for our brother, 59South, across the pond.
Insane as the prices have already gone way up over the past year. Last month my bill was 450+ GBP for electricity + gas.

But I can't really complain since I just forward it on to my company to pay. I highly recommend expat life if you can pull it off

59 South
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AG
We have seen quite the uptick recently after several years of underinvestment in the space.
ProgN
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Bank of England hikes rates in first back-to-back rise since 2004

https://www.cnbc.com/2022/02/03/bank-of-england-hikes-rates-in-first-back-to-back-rise-since-2004.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

And the hits just keep on coming.
59 South
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AG
ProgN said:

Bank of England hikes rates in first back-to-back rise since 2004

https://www.cnbc.com/2022/02/03/bank-of-england-hikes-rates-in-first-back-to-back-rise-since-2004.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

And the hits just keep on coming.
UK policy seems to be about 6 months ahead of the US recently on just about everything. Never in my wildest imagination would I ever have predicted that to be the case, but here we are. On the bright side, you all can expect covid to be over by June or so if recent history holds.
ProgN
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Covid has been over for me when the "2 weeks to stop the spread" expired.
59 South
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AG
ProgN said:

Covid has been over for me when the "2 weeks to stop the spread" expired.
Ha, yea same here. Was talking more about the whole country at the national level and the impact of that trickle down. UK is now about like Texas & Florida have been for a while.
ProgN
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I do miss the days of being accosted by mask nazis at HEB and Walmart. It never went the way they envisioned in their minds it would go and they abruptly retreated. They realized they chose poorly.
gougler08
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AG
I went on a business trip to New Jersey in late 2021 with one of our GMs who is British, and the whole time she just complained about the "****ing mask policies" and "why the hell is the US like this when the UK has already put COVID behind them". Both funny and sad at the same time
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