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24,950,366 Views | 233715 Replies | Last: 16 hrs ago by Heineken-Ashi
irish pete ag06
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AG
Full disclosure, I have a position, but anyone messing with LQDA



Seems like it's building to pop at some point. Large goal post day July 18.

It's also a biotech with a patent catalyst, so could go to 0
$30,000 Millionaire
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$30,000 Millionaire said:

You want this level, right here, to hold. I'll be getting short if we lose the LOD.
So far so good.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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Charismatic Megafauna said:

$30,000 Millionaire said:

You want this level, right here, to hold. I'll be getting short if we lose the LOD.

4115? What's the significance?
Low of the day big boy and it's support.
You don’t trade for money, you trade for freedom.
Charismatic Megafauna
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AG
Am i the big boy or is the lod? Lol
Just asking because mancini has been saying 4105, which jives with friday's low, but if i draw support between there and tuesday's lows we wanted to hold more like 4120. Or is a 15pt range just noise?
KT 90
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FJ43 said:

Looks like OA is back from ban camp on Twitter.

yep...


wanderer
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Gotta be some noise in that. 15pts on the SPX is .3%
$30,000 Millionaire
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AG
Noise. 4100 area is the key level.
You don’t trade for money, you trade for freedom.
BaylorSpineGuy
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SARK on a good pump today. Up almost 6.5%.

I'm not sure I get Cathie Wood's strategy at this time. Diamond hand a company till it's at the breaking point then cut it only to see it rip 30-40%.

The darling of the pandemic is now roadkill in this market.
Lake08
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If numbers are good tomorrow we rally. Bottom will be "in".
Brian Earl Spilner
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Quote:

Bottom will be "in".
That's what she said.
$30,000 Millionaire
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I'm really shocked at Cathie's behavior. It's inexplicable.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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AG
Ok, if we want to do a zoom, i need to find someone to host it.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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AG
Really boring day.
You don’t trade for money, you trade for freedom.
topher06
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$30,000 Millionaire said:

Really boring day.
People just waiting on the inflation number.
Brewmaster
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AG
peaking out of the intraday downtrend

E
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AG
Hell yeah! TTD with some good results... about time one of my 1/23 leaps has some good news

https://www.marketwatch.com/story/trade-desk-stock-shoots-more-than-13-higher-as-ad-tech-powerhouses-sales-forecast-top-expectations-11660076006?siteid=yhoof2
$30,000 Millionaire
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Today is the first day I've really traded much in more than a month. Went small because the day was small range.

It requires taking profits fast when you see a day like this.


You don’t trade for money, you trade for freedom.
Brewmaster
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Lake08 said:

If numbers are good tomorrow we rally. Bottom will be "in".
not initially. If numbers are good, we will tank. They always pull the opposite, if numbers suck, we will rally. Retail put buyers will get slaughtered, lol

but where we're at, within this range (near the bottom) I bet we rally.

edit: to clarify I just meant near the bottom of the range we've been stuck in for all of August now.
$30,000 Millionaire
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AG
I'm pretty careful about calling bottoms being in. Honestly, don't really care.
You don’t trade for money, you trade for freedom.
One time at Banned Camp
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https://www.foxbusiness.com/economy/democrats-add-stock-buyback-tax-inflation-reduction-act-what-know
Quote:

The sweeping climate, health care and tax bill that Senate Democrats passed Sunday includes one of the biggest tax hikes in decades, including a new levy for corporations that repurchase their own stock

The Inflation Reduction Act of 2022, which passed along party lines with Democrats employing the budget reconciliation process, would raise an estimated $739 billion over the next decade, with the revenues going toward initiatives designed to combat climate change and curb pharmaceutical prices, as well as efforts to reduce the nation's $30 trillion debt

It includes about $433 billion in new spending, while roughly $300 billion of the new revenue raised would go toward paying down the nation's deficit.

Some of the main revenue raisers stem from new levies on wealthy businesses, including a 1% excise tax on corporate stock repurchases that is poised to take effect in 2023. Democrats, who estimated this new levy will raise about $74 billion over the next decade, are hoping to slow companies' tendency to buy back their own stock from investors with the tax.
$30,000 Millionaire
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I'm not opposed to this. I'm thinking about airlines that have bought their stock back and crapped the bed after.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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AG
Those AMD covered calls not looking so stupid, eh?
You don’t trade for money, you trade for freedom.
Charismatic Megafauna
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AG
So you haven't bought yours back yet?
lobwedgephil
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Charismatic Megafauna said:

Am i the big boy or is the lod? Lol
Just asking because mancini has been saying 4105, which jives with friday's low, but if i draw support between there and tuesday's lows we wanted to hold more like 4120. Or is a 15pt range just noise?
Mancini is looking longer term for his support.resistance line. 4101 has been the place of monster moves, so no surprise to be back here. Bounced 100 points off it in Feb, almost 500 point move in June off this area. Big move coming.

$30,000 Millionaire
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No. I think it can decay a bit more.
You don’t trade for money, you trade for freedom.
CheladaAg
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AG
SoTXAg09
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AG

Interesting…
Brian Earl Spilner
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AG
CPI 8.5%

TQQQ +7% pre, and climbing...
$30,000 Millionaire
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AG
Well then! Just unloaded some longs.
You don’t trade for money, you trade for freedom.
Ragoo
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AG
TSLA rippy
irish pete ag06
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Can I do my best 30K impersonation real quick?


So is everyone super bullish now?
$30,000 Millionaire
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irish pete ag06 said:

Can I do my best 30K impersonation real quick?


So is everyone super bullish now?


If you were long, congrats! I'm going to do nothing for a couple of hours to let the market digest a 2% move that happened in 2 minutes.
You don’t trade for money, you trade for freedom.
Lake08
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Bottom is in.
Brewmaster
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AG
Lake08 said:

Bottom is in.
still flagging within a range actually.



but VIX drop to 20 and you may have your wish

Bob Knights Paper Hands
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Did any of you TTD ****ers have calls?
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