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ProgN
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6:44a, 3/5/20
OPEC agrees to cut 1.5M barrels of oil per day.
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FrioAg 00
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In reply to WestTexAg12 • 6:49a, 3/5/20
AG
WestTexAg12 said:
thirdcoast said:
The market was due for a correction before COVID-19. It's normal.


Correct. IMO, there was already fuel (market needed a correction) and COVID-19 was the spark. Then came more fuel with the Bernie possibility. Now that the Bernie possibility has died down and COVID-19 is losing steam in the world of panic, the markets will slowly regain strength.


I don't believe COV19 panic is losing steam. Once it's tens of thousands people are going to serious freak and many will hunker down. For comparison, Flu infects 9-45 million people per year and hospitalizes up to 1 million - can you imagine the panic if we have 1 million hospitalized with COV19?

I agree it's an overreaction and markets will bounce back when it's over. I don't think that happens soon.
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Boat Shoes
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In reply to ProgN • 6:51a, 3/5/20
AG
Prognightmare said:
OPEC agrees to cut 1.5M barrels of oil per day.


Wow.
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IrishTxAggie
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7:10a, 3/5/20
AG
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gig em 02
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In reply to claym711 • 7:18a, 3/5/20
claym711 said:
Redirect doesn't make you any less wrong.

Good news is most or all of us will be alive in 4 months to find out what happens.


Redirect? You must be an engineer.
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tailgatetimer10
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7:43a, 3/5/20
AG
Whelp fortunately my Robinhood transfer executed in normal time. 3 days to respond, expecting 5 days to execute.

Glad to get out of there after Monday
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McInnis 03
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7:47a, 3/5/20
AG
ZM down back to $110 after a solid earnings release. Kind of interesting.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
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thirdcoast
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In reply to IrishTxAggie • 8:00a, 3/5/20
AG
IrishTxAggie said:


Sounds exactly like the headline you see when wall street wants to unwind long positions before retail.
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oldarmy1
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8:23a, 3/5/20
AG
OK $305.50 was just too good to pass up for a 2nd trade on SPY against the $305's. Another dollar and it pays for the Spread.
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oldarmy1
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In reply to thirdcoast • 8:24a, 3/5/20
AG
thirdcoast said:
IrishTxAggie said:


Sounds exactly like the headline you see when wall street wants to unwind long positions before retail.
Yeah, this concerns me of a failure on retest more than if he was bearish. Billionaire traders became so beating the market and then driving the market where they wanted for their own purposes, not yours/ours. Just like analyst ratings.
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oldarmy1
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8:27a, 3/5/20
AG
Give me $304.50!....taking it $304.30
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oldarmy1
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8:31a, 3/5/20
AG
ROKU held well above its equivalent at current market values. Markets climb ROKU will breakout.
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IrishTxAggie
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8:32a, 3/5/20
AG
S&P needs to hold here at 3050 and continue moving up. Back down to 3000 can come fast if not.
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ProgN
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8:46a, 3/5/20
SDC volume is heavy this morning.
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YNWA_AG
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8:53a, 3/5/20
AG
BAC
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McInnis 03
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8:55a, 3/5/20
AG
RCL is dropping like an anchor.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
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McInnis 03
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8:58a, 3/5/20
AG
$CAR and $HTZ getting big put sweeps.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
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oldarmy1
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9:06a, 3/5/20
AG
SDC was so undervalued
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tlepoC
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In reply to oldarmy1 • 9:10a, 3/5/20
AG
Was, or still is?
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Cromagnum
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In reply to oldarmy1 • 9:13a, 3/5/20
AG
oldarmy1 said:
SDC was so undervalued


Smile Direct Club?
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ProgN
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In reply to Cromagnum • 9:14a, 3/5/20
yes
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Harkrider 93
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In reply to McInnis 03 • 9:14a, 3/5/20
AG
McInnis 03 said:
RCL is dropping like an anchor.
some folks losing their aft!
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Carlo4
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In reply to Harkrider 93 • 9:21a, 3/5/20
AG
Harkrider 93 said:
McInnis 03 said:
RCL is dropping like an anchor.
some folks losing their aft!
Delta Gamma?
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ProgN
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In reply to oldarmy1 • 9:23a, 3/5/20
oldarmy1 said:
SDC was so undervalued
There goes SDC
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oldarmy1
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In reply to tlepoC • 9:26a, 3/5/20
AG
Aggierific said:
Was, or still is?
Was and Is

$10.50 area for Model T

All this of course assumes markets do not lose low level support. Everything will tank if it does.
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oldarmy1
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9:39a, 3/5/20
AG
CPB

Everyone stocking up on soup.
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Charismatic Megafauna
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In reply to YNWA_AG • 9:40a, 3/5/20
AG
YNWA_AG said:
BAC
Just bought June $33 calls
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fightintxag13
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9:42a, 3/5/20
AG
NET continuing the run from yesterday.

I have 8/21 17.50c that I can almost go net free on half. With so much time left before expiration, should I just keep letting it ride or go ahead and go net free if I can given the volatility of the market? Granted, NET hasn't had any kind of a pullback during the last few weeks.
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59 South
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9:45a, 3/5/20
AG
JD just beasting.
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59 South
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9:46a, 3/5/20
AG
ROKU Bart Simpson hair pattern continues. Still time... patience.
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Charismatic Megafauna
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9:49a, 3/5/20
AG
I just paid too much for a MTN (vail resorts) 3/20 $220 call.

Earnings Monday, they have been beat down hard and not bounced at all. Q4 earnings should be solid, guidance could hurt them but winter and season passes is their big revenue so most of that has already happened

Dividend at 4.5% if you prefer shares
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WestTexAg12
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9:58a, 3/5/20
AG
Anyone catch the huge V bottom on NIO? That's a huge green candle after the bottom.

Reverse H&S?
"Give me an army of West Point graduates and I'll win a battle. Give me a handful of Texas Aggies, and I'll win the war.”
- General George S. Patton
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McInnis 03
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10:01a, 3/5/20
AG
ZM sure decided to change direction at open. Was 109 in pre, 125 now.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
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Cromagnum
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10:08a, 3/5/20
AG
Got in on some of that Royal Caribbean at 68 before it bounced.
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McInnis 03
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10:20a, 3/5/20
AG
6567 vol on the KHC 27c for tomorrow all of a sudden. Current trade is 26.60
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
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