Since SLV was down yesterday, proceeded with another bet on AGQ for today. Metals seem to continue their up one day, down the next pattern.
Stock Markets
24,950,722 Views |
233715 Replies |
Last: 17 hrs ago by Heineken-Ashi
I've read some different analysis that it is going to surge past 40 this year though.
The majority of success in trading is not the trades you make, but the patience between making them.Number Monkey said:
Since SLV was down yesterday, proceeded with another bet on AGQ for today. Metals seem to continue their up one day, down the next pattern.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
- I Bleed Maroon (distracted easily by signatures)
That's a hard lesson I've learned as a newcomer to this.
Is your high target for SLV $43? I backed out to the 15 year monthly chart and got $33 as my 100% extension and $43 as my 161% extension.
I used the low of 2020, high of 2021, and then the higher low of 2022. The recent high in May of $29.56 came within $.09 of the 78.6% level before retracing to the 61.8% level.
Is your high target for SLV $43? I backed out to the 15 year monthly chart and got $33 as my 100% extension and $43 as my 161% extension.
I used the low of 2020, high of 2021, and then the higher low of 2022. The recent high in May of $29.56 came within $.09 of the 78.6% level before retracing to the 61.8% level.
literally came here to check for chatter on it. Looks a bit like a H&S though going back a month. But pretty low risk entry here!Heineken-Ashi said:
Short timed trade. Buy POWL. Stop this mornings low. Target between $181 and $190 in 2-3 days
Reminder that market is closed tomorrow.
BLDE hath thou finally awaketh?
RAY DALIO talks about this exact same thing all the time in his videos.
the American Empire will come to an end
just as the Dutch Empire, the Spanish Empire, the Soviet Empire, the Nazi Empire, the Roman Empire, the Greek Empire, the Ottoman Empire, the Austro-Hungarian Empire, the French Empire, the British Empire
all came to an end.
the American Empire will come to an end
just as the Dutch Empire, the Spanish Empire, the Soviet Empire, the Nazi Empire, the Roman Empire, the Greek Empire, the Ottoman Empire, the Austro-Hungarian Empire, the French Empire, the British Empire
all came to an end.
Next it's the Texas Empire's turn at the wheel.
I still prefer keeping the SEC together. Locks up all the of ports from the Carolinas to Texas. Plenty of open land to expand manufacturing capabilities. Plenty of natural resources. And we have a top shelf graphite mining and processing company that the nation could fund sending the price to $90.flashplayer said:
Next it's the Texas Empire's turn at the wheel.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
- I Bleed Maroon (distracted easily by signatures)
adding some HUMA at 6.10, though high risk biotech may not be the optimal way to diversity a bit from tech..
Welcome to the casino.
flashplayer said:
BLDE hath thou finally awaketh?
Aye, yes thou hath
The volume on August VIX calls today far out of the money..
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
- I Bleed Maroon (distracted easily by signatures)
Moving stop up on POWL from this morning's entry to $159.50 from the morning low, guaranteeing small profit.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
- I Bleed Maroon (distracted easily by signatures)
Heineken-Ashi said:
The volume on August VIX calls today far out of the money..
What does that mean with VIX? People expecting a wild roller coaster swing by August?
Heineken-Ashi said:
The volume on August VIX calls today far out of the money..
Democratic national convention is in August. I don't think this is a coincidence and I bet it's when they bring in Gavin and give turnip brain the boot. Someone knows and is banking on that volatility or it's a hedge of some sort.
The 51K $16 calls mean expecting a semi typical volatility ramp.flashplayer said:Heineken-Ashi said:
The volume on August VIX calls today far out of the money..
What does that mean with VIX? People expecting a wild roller coaster swing by August?
The 63k $25 calls are expecting a dip likely bigger than any we've seen yet this year.
The 63k $45 calls are expecting something really really big.
The 36k $55 calls are expecting or hedging for something that has only happened twice in the last 15 years.. 2008 and 2020.
Most are sweeps and many are likely offset by other trades. Hard to tell.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
- I Bleed Maroon (distracted easily by signatures)
Could be. But I really don't like to predict catalysts that far ahead. You end up letting it guide your bias in your trading, based on nothing but "potential" future causality. It's best to leave the event predictions to when you have already determined high probability setups in a neutral bias trading regime. At that time, it can be fun to wonder what might be attributed to have "caused" such an event. But even still, it just doesn't matter, as the news will spin anything to fit the narrative. Case in point.. 9/11. Look back at SPX in 2001, without looking at dates, and see if you can spot 9/11 by looking at the chart.bmoochie said:Heineken-Ashi said:
The volume on August VIX calls today far out of the money..
Democratic national convention is in August. I don't think this is a coincidence and I bet it's when they bring in Gavin and give turnip brain the boot. Someone knows and is banking on that volatility or it's a hedge of some sort.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
- I Bleed Maroon (distracted easily by signatures)
So are all you NVDA holders buying Lambo's today?
SLV call option flow picking up
ARM can't stop won't stop.
PLTR touched 26
"Me not know, me not tell, me push button and run like hell."
PLTR moving up nicely above 25.40 resistance.
Beat me to it. Im moving up my stops. Hoping it keeps on moving.
Been buying July 26 23Puts as a hedge. $.38-$.40AgPT06 said:
Beat me to it. Im moving up my stops. Hoping it keeps on moving.
"Me not know, me not tell, me push button and run like hell."
What are you doing to prepare? What are some options to prepare? Cash and wait or something else?
I left the equities markets months ago with most long term positions, not counting metals and miners ETF's and some BTC plays like CLSK, IREN, and CORZ. I've been slowly adding to O&G positions over the last couple of months and have some buy orders I hope will trigger on a few more. Have about 15 currently. All with defined stops. Been playing promising short term setups here and there. Had some big winners, some still active, and a collection of very small losers (stops hit). I have a good amount invested in end of year downside options between XHB, XLF, IWM, PLTR, CAVA, and newly initiated very small put position in NVDA that I will add to if it hits more resistance levels. I'm 50% cash but recently rolled some into TLT. Everything else is in short term fixed income. Have dough ready to initiate shorter term downside setups for things like IWM and DIA once the setups are more promising. Might also do some VXX calls in the future. Right now is mostly wait and see. And I'll be going long BTC at some point. But I'm still not sold it won't come down further first, which is why I'm not currently in on MARA.Agsrback12 said:
What are you doing to prepare? What are some options to prepare? Cash and wait or something else?
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
- I Bleed Maroon (distracted easily by signatures)
flashplayer said:flashplayer said:
BLDE hath thou finally awaketh?
Aye, yes thou hath
End of the day rocket. Glad I didn't sell last week.
Just curious if you've ever calculated out the missed gains from leaving those longs?
BLDE with some volume
We get it, you're fully invested
wasn't meant as a jab just honest question for discussion/perspective of opposing viewpoints
odd day markets solidly up but pretty much all my individual positions (tech heavy) were red outside of PLTR and ETF's
odd day markets solidly up but pretty much all my individual positions (tech heavy) were red outside of PLTR and ETF's
This is pretty much the right question. I'd suggest that Heineken compare to the S&P500 returns as a benchmark. I'm fairly certain he already does. If he's in the ballpark of that, then he should continue to pursue his approach (despite reservations expressed by others).EliteZags said:
wasn't meant as a jab just honest question for discussion/perspective of opposing viewpoints
odd day markets solidly up but pretty much all my individual positions (tech heavy) were red outside of PLTR and ETF's
My approach is a combo buy-and-hold and speculative stuff. Probably 70% index-like investing (expressed by investing in a broad variety of high-quality companies), 20% speculative (including hedges on the 70% core holdings), and currently 10% in money market (don't have a strong conviction I can exceed 5% annual return until I find something compelling). More cash than normal, and more hedges than normal, and thus, my returns lag the S&P by a bit the last 18 months, BUT I'm comfortable with this approach, and if a sell-off occurs, I'll exceed the benchmark again.
Different strokes for different folks.
I get it, my apologies. I think calculating profits if fully vested vs taking profits is like thinking about that one girl who got away.
Featured Stories
See All
51:38
1h ago
2.3k
Learned, Loved, Loathed: Auburn 43, Texas A&M 41 (4OT)
by Olin Buchanan
12 Key Statistics: Auburn 43, Texas A&M 41 (4OT)
by Luke Evangelist
10:42
41m ago
368
TexAgs' TXHSFB Recap: Reviewing our coverage from the area round
by TexAgs Recruiting
irish pete ag06
We are a middle of the pack NIL roster in the SEC (hard truth in here)
in Billy Liucci's TexAgs Premium
106