Not having enough ARM
agdaddy04 said:
Any thoughts on RIG? I've stayed in at a $3 average, but really have regretted riding it back down. I understand the state of O&G right now tho.
Spirit earnings call is at 9 central today, but they have released the report. Adjusted EPS: $(1.36). Here's a link to the report: https://ir.spirit.com/files/doc_financials/2023/q4/Earnings-Release-4Q23.pdfHeineken-Ashi said:
SAVE at significant resistance. Breakdown from here and bottom might not be in. Needs to get through $7.75 for real confirmation of bottom.
bought shares yesterday, but also 18C's next week on the dip. Net free now on them riding the rest to ValhallaBrewmaster said:
MARA is going to fry short sellers tomorrow if this bitcoin rip holds.
Your theme song for this ride Viking Rise - Peyton Parrish (VIKING RISE Mobile Game Theme Song) Music Video (youtube.com)Brewmaster said:bought shares yesterday, but also 18C's next week on the dip. Net free now on them riding the rest to ValhallaBrewmaster said:
MARA is going to fry short sellers tomorrow if this bitcoin rip holds.
You still holding these big dawg? You were caught driving by a Ring doorbell camera.confucius_ag said:
I have 20 contracts PLTR 2/9 18 calls @ . $59 avg. I sweated all day, trying to decide to sell them or keep through ER.
Red Pear Jack said:
Citadel Among Hedge Funds That Got Morgan Stanley's Block-Trading Leaks https://www.bloomberg.com/news/articles/2024-02-07/citadel-caas-and-other-hedge-funds-got-morgan-stanley-s-block-trading-tips
"The block-trading probe exposed a type of leak that has long been suspected on Wall Street. It was widely known that banks engaged in delicate conversations with hedge funds to gauge their potential interest in slugs of stocks that could become available. The question was whether those conversations effectively tipped off hedge funds."
Yeah I expect to see a chart like this, what a sad reality. However, nominal vs real dollars makes it not look near as bad. I'm waiting for a day of reckoning but the government refuses to let anyone fail, especially those who take too much risk. It's like the more irresponsible you are the more you get rewarded.BlueTaze said:
Interesting chart on credit card debt. When does a consumer economy turnover? Is it $1.5Tor $2T?
Just think how much of this credit card debt was inspired by a glimpse at their bloated 401Ks. I'm more of a TA guy, but hard not to see a notable crash in near term (prob post election). Maybe S&P hits $6K first, but once it turns over its gonna be nasty, and not sure the Fed is gonna QE anywhere near as hard as COVID.
Powell just got celebrated on 60min as the soft landing savior, retail is getting complacent, rug pull might be on the horizon.
I sold those and my 5/17 20C I had as well..ProgN said:You still holding these big dawg? You were caught driving by a Ring doorbell camera.confucius_ag said:
I have 20 contracts PLTR 2/9 18 calls @ . $59 avg. I sweated all day, trying to decide to sell them or keep through ER.
Find me a time in history where there were bailouts with the FED remittances to the treasury in such a hole.Chef Elko said:Yeah I expect to see a chart like this, what a sad reality. However, nominal vs real dollars makes it not look near as bad. I'm waiting for a day of reckoning but the government refuses to let anyone fail, especially those who take too much risk. It's like the more irresponsible you are the more you get rewarded.BlueTaze said:
Interesting chart on credit card debt. When does a consumer economy turnover? Is it $1.5Tor $2T?
Just think how much of this credit card debt was inspired by a glimpse at their bloated 401Ks. I'm more of a TA guy, but hard not to see a notable crash in near term (prob post election). Maybe S&P hits $6K first, but once it turns over its gonna be nasty, and not sure the Fed is gonna QE anywhere near as hard as COVID.
Powell just got celebrated on 60min as the soft landing savior, retail is getting complacent, rug pull might be on the horizon.
I have an opinion the government could not let Baby Boomers lose massive amounts of their portfolios close to retirement so we had bailouts. Now that most have retired, left the workforce and are more likely to have a higher share of fixed income in their portfolios, the QE/bailouts aren't going to be near covid levels. I have no evidence of it but it makes too much sense to me haha.
Heineken-Ashi said:Find me a time in history where there were bailouts with the FED remittances to the treasury in such a hole.Chef Elko said:Yeah I expect to see a chart like this, what a sad reality. However, nominal vs real dollars makes it not look near as bad. I'm waiting for a day of reckoning but the government refuses to let anyone fail, especially those who take too much risk. It's like the more irresponsible you are the more you get rewarded.BlueTaze said:
Interesting chart on credit card debt. When does a consumer economy turnover? Is it $1.5Tor $2T?
Just think how much of this credit card debt was inspired by a glimpse at their bloated 401Ks. I'm more of a TA guy, but hard not to see a notable crash in near term (prob post election). Maybe S&P hits $6K first, but once it turns over its gonna be nasty, and not sure the Fed is gonna QE anywhere near as hard as COVID.
Powell just got celebrated on 60min as the soft landing savior, retail is getting complacent, rug pull might be on the horizon.
I have an opinion the government could not let Baby Boomers lose massive amounts of their portfolios close to retirement so we had bailouts. Now that most have retired, left the workforce and are more likely to have a higher share of fixed income in their portfolios, the QE/bailouts aren't going to be near covid levels. I have no evidence of it but it makes too much sense to me haha.
Wish I had listened yesterday!ToddyHill said:
ARM up over 40% today. Just my opinion, but if you like NVDA, ARM should be a no brainer, long term hold
Heineken-Ashi said:
MARA - $21.25 first target for new shares (excluding long time hold) once over $19.75. Can either take some profits there or move stop to $20 range. Next target would be $23-$23.30 range.
big cup n handle since August, thank you sir for postingHeineken-Ashi said:
RBLX is a bullish chart. Any retrace should hold $40. If so, it should at least get to upper $50's with most bullish target $80.
ETX_Ag_22_24 said:
Long time lurker, but this thread has been phenomenal lately! Prog and Heineken have been spot on and extremely helpful. Curious if anyone else is still Holding FSLY after today's action? Also, would love to hear thoughts on BLZE. I have been trading this stock since mid December and it looks like it may finally have some real life!
at least you had some, I'm all legs, lol.Ranger222 said:
Not having enough ARM
Ranger has the armsBrewmaster said:at least you had some, I'm all legs, lol.Ranger222 said:
Not having enough ARM
Time to short itlck90 said:
Cramer touting ARM as a buy at these levels... Run or?
The FED nor the treasury has any ability to bailout anyone without creating massive amounts of inflation.Chef Elko said:
Not sure what you're asking, but you sound smart!