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22,166,213 Views | 224707 Replies | Last: 21 min ago by Heineken-Ashi
EngrAg14
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OA1 with the trade news, do you expect a retest of the 2800 resistance today?
oldarmy1
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$138.50 gets us $140 on NVDA.
BAC now in the money $27.11
oldarmy1
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EngrAg14 said:

OA1 with the trade news, do you expect a retest of the 2800 resistance today?


That would be the natural mark to look for on a rally.
IrishTxAggie
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STZ almost in the money for me on the weeklys
oldarmy1
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Even TRNX moving. Don't give up on that one. I'm telling you its going to shock everyone once they fully realize their strategic plan.

In the meantime we should continue to make it a forum must own for every new member.
IrishTxAggie
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NIO liked the China news...
IrishTxAggie
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oldarmy1 said:

Even TRNX moving. Don't give up on that one. I'm telling you its going to shock everyone once they fully realize their strategic plan.

In the meantime we should continue to make it a forum must own for every new member.
HAHA! Give them a taste of 'pain' early in the process. Lets toss in AVEO too!
oldarmy1
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SQ coming under $60 yesterday per target. All of these stocks everyone is posting will make good moves if the open profit taking sees buyer support push back upward.

Pretty typical open would be a quick further short covering pop followed by profit taking. Then traders sit and watch with baited breath, to see if major buyers flood in and we get a real short squeeze rally or if we trade sideways resulting in no new highs post open pop.

Fun stuff
oldarmy1
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BOX getting pummeled after beating expectations due to lowered guidance. That could be an opening to buy for long term accounts.

Major support was at $15.90-$16 area so I'd expect to see that today even if the bottom isn't in.
ProgN
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Quote:

UPDATE -- AMD to Present at Bank of America Merrill Lynch 2019 Global Technology Conference
6:45 pm ET June 3, 2019 (Globe Newswire) Print
AMD (NASDAQ: AMD) today announced that Ruth Cotter, senior vice president of Worldwide Marketing, Human Resources and Investor Relations, will present at the Bank of America Merrill Lynch 2019 Global Technology Conference at 9:30 a.m. PT on Thursday, June 6, 2019.

A real-time audio webcast of the presentation can be accessed on the Investor Relations homepage: http://ir.amd.com.

A replay of the webcast can be accessed approximately four hours after the conclusion of the live event and will be available for 30 days after the conference.
oldarmy1
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oldarmy1 said:

BOX getting pummeled after beating expectations due to lowered guidance. That could be an opening to buy for long term accounts.

Major support was at $15.90-$16 area so I'd expect to see that today even if the bottom isn't in.


And there's your BOX hitting above $15.90 already.
IrishTxAggie
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IrishTxAggie said:

STZ almost in the money for me on the weeklys
Out of these at $3.60. Not a bad one for a day.
YNWA_AG
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Facebook ousts zuckerberg as chairman
IrishTxAggie
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YNWA_AG said:

Facebook ousts zuckerberg as chairman
Link

I'm seeing they voted for it, but Zuck has voting control
YNWA_AG
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https://www.businessinsider.com/facebook-investors-vote-to-fire-mark-zuckerberg-as-chairman-2019-6
jtmoney03
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oldarmy1 said:

$138.50 gets us $140 on NVDA.
BAC now in the money $27.11

Ahh BAC...my one constant in this world lol. Nice 181% on the ones I took off the table and will let the remainder ride. Needed a win, been a rough couple weeks!
IrishTxAggie
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They voted for it, but it didn't pass. Zuck has the voting control
oldarmy1
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oldarmy1 said:

SQ coming under $60 yesterday per target. All of these stocks everyone is posting will make good moves if the open profit taking sees buyer support push back upward.

Pretty typical open would be a quick further short covering pop followed by profit taking. Then traders sit and watch with baited breath, to see if major buyers flood in and we get a real short squeeze rally or if we trade sideways resulting in no new highs post open pop.

Fun stuff
Ok, we had the "pop" and the initial pullback on profit taking. Expect another move down as a bear test. This is where we find out what its gonna be.
HoustonAg2014
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YNWA_AG said:

Facebook ousts zuckerberg as chairman
Way to get my hopes up... that vote is old news
ProgN
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https://www.cnbc.com/2019/06/04/powell-says-the-fed-will-act-as-appropriate-to-sustain-the-expansion.html
Quote:

Federal Reserve Chairman Jerome Powell said the central bank is watching current economic developments and will do what it must to keep the near-record expansion going.

Financial markets have been nervous lately over an escalating trade war that has spread from China and now could include Mexico. At the same, government bond yields are behaving in a way that in the past has been a reliable recession indicator.

Powell began a speech Tuesday in Chicago by addressing "recent developments involving trade negotiations and other matters."

"We do not know how or when these issues will be resolved," he said in prepared remarks. "We are closely monitoring the implications of these developments for the U.S. economic outlook and, as always, we will act as appropriate to sustain the expansion, with a strong labor market and inflation near our symmetric 2 percent objective."

Powell's comments came at the "Conference on Monetary Strategy, Tools and Communications Practices," a kickoff for an examination the Fed is conducting this year about the tools it has to meet its goals as well as the way it is communicating its actions to the public.

He did not address any other specific issues relating to current conditions. Market are broadly expecting the policymaking Federal Open Market Committee to cut its benchmark rate twice before the end of the year in response to current conditions.
IrishTxAggie
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Just jumped in on Jan 20 $5 leaps for NIO. Paid $.35
oldarmy1
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reverse H&S on S&P. NVDA popping.
oldarmy1
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Everyone see how the Fed signaling yesterday interest rate cuts in the mix forced China's hand? I swear if we had a government who could get over their TDS and "Orange Man Bad" disease, and actually work in sync, we would be crushing it.
CheladaAg
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oldarmy1 said:

reverse H&S on S&P. NVDA popping.
NVDA showing some good strength.
oldarmy1
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boyz05 said:

oldarmy1 said:

reverse H&S on S&P. NVDA popping.
NVDA showing some good strength.
We'll see $140 I think today
oldarmy1
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Our little CX showing signs of a breakout. Rethinking if I want to keep all the shares along with the 2021 $5 LEAPS bought at lows.
IrishTxAggie
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Sell half and half?
oldarmy1
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IrishTxAggie said:

Sell half and half?
I wouldn't sell half of the LEAPS. Those are worth gold next year. I was thinking of a covered call on the shares if they hit $4.50.
oldarmy1
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MOMO busted a move.

TEUM needs to finish its consolidation and get engaged so I can set another covered call on some shares.

TEUM clear as a bell Darvis Box underway. Buy under $4 and sale approaching $5. Covered call on 50% of holding shares.

Once she breaks out however the move will be pronounced. $7.50+ easy

https://imgur.com/h4o8gPa
rgag12
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If the past few weeks are any indication, the profit takers are going to come in the afternoon and clean up.
oldarmy1
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NVDA hit $140 and I cashed out.
oldarmy1
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Quite a move by DE
spud1910
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OA1, thanks for the Jun 14th, 140 call DE suggestion back in May.
oldarmy1
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BOX boom!

Or is that a Boom Box???
oldarmy1
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Decided to take CX shares off the table and will ride with the LEAPS now. No sense in tying up the capital when you make a great LEAP entry for the long-term.
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