I hope some of you can enjoy red lobster on $30K
You don’t trade for money, you trade for freedom.
Stock Markets
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Last: 6 min ago by Talon2DSO
So is everyone going long now or what? I've been on the sidelines for a long while expecting SPX to get to at least 3600 but I don't think our govt is going to allow that with all the fake numbers out there.
When is Red Lobster going to sponsor this board?
See why I bailed?
You don’t trade for money, you trade for freedom.
BOIL looking like it wants to recover from today's dip.
Lotto tomorrow spy calls. Use 40% stop
You don’t trade for money, you trade for freedom.
Freeport got FERC approval
"The FERC has formally granted Freeport LNG approval to "commence commissioning, including cooldown, of Loop 1 LNG transfer piping and commissioning and reinstate service of the boil off gas (BOG) management system." The letter was dated January 26, 2023 and the approval was based on an inspection conducted by the FERC and PHMSA onsite on January 25, 2023.
Moving forward, Freeport will need to request and receive approval for any further activity. This includes securing permission to "reinstate service for Loop 1 LNG circulation to enable ship loading to Dock 1 and to cooldown, recommission, and reinstate service of the liquefaction trains, including rundown piping to tanks."
Based on Freeport's initial request this week, the Loop 1 and BOG work will now take 11 days, placing the completion of that process on Monday, February 6, 2023."
"The FERC has formally granted Freeport LNG approval to "commence commissioning, including cooldown, of Loop 1 LNG transfer piping and commissioning and reinstate service of the boil off gas (BOG) management system." The letter was dated January 26, 2023 and the approval was based on an inspection conducted by the FERC and PHMSA onsite on January 25, 2023.
Moving forward, Freeport will need to request and receive approval for any further activity. This includes securing permission to "reinstate service for Loop 1 LNG circulation to enable ship loading to Dock 1 and to cooldown, recommission, and reinstate service of the liquefaction trains, including rundown piping to tanks."
Based on Freeport's initial request this week, the Loop 1 and BOG work will now take 11 days, placing the completion of that process on Monday, February 6, 2023."
$30,000 Millionaire said:
Lotto tomorrow spy calls. Use 40% stop
Trim and move stops. Congrats.
You don’t trade for money, you trade for freedom.
Boom
You don’t trade for money, you trade for freedom.
Get me back to HOD
No more from me until 2:30 or so
You don’t trade for money, you trade for freedom.
Also going to put a hero or zero 4060C on
You don’t trade for money, you trade for freedom.
Up 20%. You can take the base hit or hold for the home run
You don’t trade for money, you trade for freedom.
So someone explain MSFT to me...not a great earnings call, huge fall and now above where it was pre-earnings, all in 2 days?
Are your EMA lines showing the close, middle or weighted?wanderer said:Doing a post analysis on the day and realized that the downtrend break also coincided with the 8/21ema cross (which is probably no coincidence)$30,000 Millionaire said:
Had an OK day but should have gone nuclear long on the downtrend break
We never got a back test of the 21 until ~1:30p
50%
You don’t trade for money, you trade for freedom.
65%
You don’t trade for money, you trade for freedom.
I'd like to see this cross $2. I wouldn't let it go red if you haven't already made money today
You don’t trade for money, you trade for freedom.
I think they're shaking out weak longs
You don’t trade for money, you trade for freedom.
I know this wants to rip
You don’t trade for money, you trade for freedom.
Touched 70%
You don’t trade for money, you trade for freedom.
Touched 95. Disappointed it didn't continue
You don’t trade for money, you trade for freedom.
This isn't going to work. Closing even
You don’t trade for money, you trade for freedom.
Farmer @ Johnsongrass, TX
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Yes it does.$30,000 Millionaire said:
I know this wants to rip
No great EOD ideas guys. We are at the HOD and it rejected. Could dump but you'd be fading momentum
You don’t trade for money, you trade for freedom.
Check out that LNG candle and volume. Somebody must know something
Well, 4/4 for you guys today. Everyone, even if they did one contract should have enough for salt grass. So congrats. Will see if i can do some tomorrow.
You don’t trade for money, you trade for freedom.
are you leaning bullish or bearish after that close??
I was slow in seeing your posts today, unfortunately. But I appreciate the lessons anyway, as I go back and recreate the situation at the time.
For those using the 8/21 ema lines, is there any benefit or downside to having a longer ema to look at as well? I added a 35, and it seems that when the 8 crosses both it's almost always a tradeable event or start of a trend. Only exception seems to be when it gets choppy, but it seems that can be managed
For those using the 8/21 ema lines, is there any benefit or downside to having a longer ema to look at as well? I added a 35, and it seems that when the 8 crosses both it's almost always a tradeable event or start of a trend. Only exception seems to be when it gets choppy, but it seems that can be managed
Does the hanging man die tomorrow? Most classic hanging man I've seen in a long while.
I'm watching right now. Too busy to trade.
I'm watching right now. Too busy to trade.
Excellent news.
/NG options expired at 1:30 ct today and the current futures contract is also expiring.I know nothing but suspect that movement was likely repositioning. Kind of like monthly OPEX cycles.
Boy Named Sue said:
I was slow in seeing your posts today, unfortunately. But I appreciate the lessons anyway, as I go back and recreate the situation at the time.
For those using the 8/21 ema lines, is there any benefit or downside to having a longer ema to look at as well? I added a 35, and it seems that when the 8 crosses both it's almost always a tradeable event or start of a trend. Only exception seems to be when it gets choppy, but it seems that can be managed
No, depends on objective. I use the 20/50 on the 30 minute chart for stocks.
You don’t trade for money, you trade for freedom.
EnronAg said:
are you leaning bullish or bearish after that close??
It's a bullish close and bulls are in control right now. We are in a zone that has failed a couple of times in the last few weeks including that wild 4100+ day we had with one of the inflation data releases. Can't remember if it was cpi or ppi.
4090 will give some resistance I think if we get there. Volume is slightly down.
Gun to head, I think tomorrow will be consolidation.
You don’t trade for money, you trade for freedom.
VLO earnings call:
Will increase dividend in coming months once the reach zero net debt, meaning cash and equivalents = long term debt.
Surprise was the new diesel upgrades to Port Arthur refinery. They basically said they are going to make a fortune on it starting in 3Q23.
If you watched stock price today during the call:
1. Down when no increased dividend announced
2. Stabilized when increased dividends promised later this year
3. Rocket ship rest of day after refinery discussion.
Will increase dividend in coming months once the reach zero net debt, meaning cash and equivalents = long term debt.
Surprise was the new diesel upgrades to Port Arthur refinery. They basically said they are going to make a fortune on it starting in 3Q23.
If you watched stock price today during the call:
1. Down when no increased dividend announced
2. Stabilized when increased dividends promised later this year
3. Rocket ship rest of day after refinery discussion.
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