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22,087,930 Views | 224474 Replies | Last: 15 min ago by EliteZags
ProgN
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Inverted yield curve is NOT a positive for the markets. This might trigger sell programs.
ProgN
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NVDA reports earnings ATC today.
IrishTxAggie
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AG
Prognightmare said:

If shorts hit it hard at the open and markets open lower, it could spike to 17.5. JMO


Looks like you may get your wish. I really hope it's just a flash.
UpstateAg
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AG
Set my buy limit at 18.
ProgN
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IrishTxAggie said:

Prognightmare said:

If shorts hit it hard at the open and markets open lower, it could spike to 17.5. JMO


Looks like you may get your wish. I really hope it's just a flash.
I already have a small order in so we'll see what happens. I'm not chasing any stock with yields signaling a recession, automatic sell programs could make this an ugly couple of weeks if they kick in.
Aggie_2463
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AG
OSTK - $17.91 pre
IrishTxAggie
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AG
Apparently this is tied to Pat Byrne running his mouth about his involvement with the FBI on some 2010 election crap
Maximus_Meridius
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AG
Yeah, I'm not sure if I want in on the OSTK bandwagon given both the indicators and the nutjob CEO. About the only positive news I've seen this morning is WPM trading a little higher pre-open.
ProgN
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If anyone isn't familiar with hoe inverted yield curve affects trading, then you might want to look into this webinar. Dan is a very good trader, even OA interacts with Dan.
jj9000
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AG
Question for the chart analysts.

What is the next resistance level below 2,750?
ProgN
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I'll be nibbling on OSTK if it hits $17.50 but it will be with the stock, not options.
oldarmy1
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AG
Prognightmare said:

I'll be nibbling on OSTK if it hits $17.50 but it will be with the stock, not options.


I could see flashes towards $15's with this market meltdown.
oldarmy1
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AG
My best move yesterday was selling $29 JD covered calls out to 23rd before the close and the ROKU Puts after posting it looked done.
IrishTxAggie
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AG
ProgN
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Thanks, it's lower bollinger band is around 15.5-16 and I too think it could hit it if a big down open. My small initial buy is at $17.5 and I'll wait. If it goes lower, I'll add to the position.
ProgN
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Whitetail
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AG
Prognightmare said:


claym711
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AG
These are very very rare and odd occurrences we have going here, from the initial drop on Aug 1, to that pop yesterday, to this gap down today. I think liquidity is really low right now and wont be surprised if we see a flash crash sometime soon.
EngrAg14
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AG
Damn I was planning to sell today in preparation for a fall back down due to HK.
Just needed today to open a little up or flat.
EngrAg14
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AG
Just gonna put this here... think its a bit easier to tell which way this Monday's record is leaning.
https://www.reddit.com/r/RobinHood/comments/cpinkh/results_from_the_sp_500_dropping_1_on_monday/
claym711
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Gap down of this size rarely result in further sell off on same day.
ProgN
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I'm going back into RIG at this level for a trade.
AgShaun00
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AG
ugly ugly ugly
Aggie_2463
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Prognightmare said:

I'm going back into RIG at this level for a trade.
What's your target exit price to sale ?
ProgN
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4.25-4.40
ProgN
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Going back into SFIX at this level for a trade.
mrad85
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AG
CX at record lows. $2.94 now. Of course, since I'm in heavy with them.
Aggie_2463
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mrad85 said:

CX at record lows. $2.94 now. Of course, since I'm in heavy with them.
Everything I own is record lows, I suck.
Brewmaster
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AG
Prognightmare said:

Thanks, it's lower bollinger band is around 15.5-16 and I too think it could hit it if a big down open. My small initial buy is at $17.5 and I'll wait. If it goes lower, I'll add to the position.
inching closer... damn their idiot CEO needs to quit talking! Back to 22 end of the week I bet.
oldarmy1
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AG
TRNX almost eclipsed $1
tramaro1
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AG
This one is your baby OA, what are you thinking keep holding or sell?
pacecar02
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Claym711

You mention rips all the time but I haven't heard how you trade. Are you a premium seller or what?


no sig
george_92
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Prognightmare said:

I'm going back into RIG at this level for a trade.
I just bought 2000 shares. I've got my lucky pair of dirty underwear on today. Lets see what happens.

I also loaded up on some more TVIX, UVXY and VXX. I will start selling the TVIX and UVXY if the market continues its downward trend and add VXX which is not as volatile so I don't miss out on any major declines but also don't lose all my profits once the market does a huge move upwards.
aggiepaintrain
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APT is bailing out today.
IrishTxAggie
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AG
It's flat...you get your symbols mixed up?
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