Google cutting marketing budget by 50% and implementing a hiring freeze, market rips!
Stock Markets
25,857,038 Views |
235272 Replies |
Last: 3 min ago by PeekingDuck
Anyone see TRIP?
Huge $3.6MM Call purchase on 10,000 1/01/2021 - $21.5 strike for $3.46 per
Huge $3.6MM Call purchase on 10,000 1/01/2021 - $21.5 strike for $3.46 per
Anyone looked at DCP Midstream (DCP)? Looks like gas/midstream is moving upwards, maybe due to oil being down. DCP was down as far as $2.20, but has rebounded into the upper $8s, with a gap up and ~27% increase today.
gig em 02 said:
Google cutting marketing budget by 50% and implementing a hiring freeze, market rips!
If you're trading then you have to leave logic and reasoning out of your equation. On principle you're right, but betting against the market will crush your portfolio and spirit. The market is building into a massive bubble so use that to make money with the current. When it turns, you'll already have the reasoning to flip to the other side when it pops. Just don't die on your hill of righteousness because the market DGAF and will bankrupt you, but at least you'll still have your principles. Not judging, just offering an opinion because I don't want anyone here to lose. JMO.
"With this margin thing, I'll have like $12M in play most of the time"
Lots of good sound bites, especially his BA story on mistiming.
That's certainly a good point, but the market also seems to appreciate when companies trim some fat.Prognightmare said:gig em 02 said:
Google cutting marketing budget by 50% and implementing a hiring freeze, market rips!
If you're trading then you have to leave logic and reasoning out of your equation. On principle you're right, but betting against the market will crush your portfolio and spirit. The market is building into a massive bubble so use that to make money with the current. When it turns, you'll already have the reasoning to flip to the other side when it pops. Just don't die on your hill of righteousness because the market DGAF and will bankrupt you, but at least you'll still have your principles. Not judging, just offering an opinion because I don't want anyone here to lose. JMO.
Yes it does, because trimming fat, stock buybacks etc. will make future earnings beats easier thus creating upward pressure on those stocks.GreasenUSA said:That's certainly a good point, but the market also seems to appreciate when companies trim some fat.Prognightmare said:gig em 02 said:
Google cutting marketing budget by 50% and implementing a hiring freeze, market rips!
If you're trading then you have to leave logic and reasoning out of your equation. On principle you're right, but betting against the market will crush your portfolio and spirit. The market is building into a massive bubble so use that to make money with the current. When it turns, you'll already have the reasoning to flip to the other side when it pops. Just don't die on your hill of righteousness because the market DGAF and will bankrupt you, but at least you'll still have your principles. Not judging, just offering an opinion because I don't want anyone here to lose. JMO.
Prognightmare said:gig em 02 said:
Google cutting marketing budget by 50% and implementing a hiring freeze, market rips!
If you're trading then you have to leave logic and reasoning out of your equation. On principle you're right, but betting against the market will crush your portfolio and spirit. The market is building into a massive bubble so use that to make money with the current. When it turns, you'll already have the reasoning to flip to the other side when it pops. Just don't die on your hill of righteousness because the market DGAF and will bankrupt you, but at least you'll still have your principles. Not judging, just offering an opinion because I don't want anyone here to lose. JMO.
So, treat it like a woman.
khaos288 said:fightintxag13 said:Took advantage of the sell off and got in at 51.50McInnis 03 said:
COF (Capital One) lost $1.3B
Still can't believe it was 40 a few weeks ago, what a deal.
I'm in at $41
I was just joking, I'm not touching google (or apple or amazon) and I learned the hard way that even when the market should be going down, the fed will come in and destroy your shorts no matter how in the money they are. These days I'm hesitant to trade anything that isn't a weekly.Prognightmare said:gig em 02 said:
Google cutting marketing budget by 50% and implementing a hiring freeze, market rips!
If you're trading then you have to leave logic and reasoning out of your equation. On principle you're right, but betting against the market will crush your portfolio and spirit. The market is building into a massive bubble so use that to make money with the current. When it turns, you'll already have the reasoning to flip to the other side when it pops. Just don't die on your hill of righteousness because the market DGAF and will bankrupt you, but at least you'll still have your principles. Not judging, just offering an opinion because I don't want anyone here to lose. JMO.
Should have kept some puts on with that finish. Just hate keeping anything overnight in this market.
We all knew it, but essentially confirmation of JC Penney filing for bankruptcy in a few weeks.
https://www.marketwatch.com/story/jc-penney-seeking-around-1-billion-in-bankruptcy-funding-report-2020-04-23?mod=mw_latestnews
https://www.marketwatch.com/story/jc-penney-seeking-around-1-billion-in-bankruptcy-funding-report-2020-04-23?mod=mw_latestnews
texagbeliever said:
Translation?
Basically it means there are more calls than puts being bought. Once most get long and there's nobody else to buy, the market will fall. It's not an exact metric but it does work eventually. Check out what is was before the market dropped
AgEng06 said:
Anyone looked at DCP Midstream (DCP)? Looks like gas/midstream is moving upwards, maybe due to oil being down. DCP was down as far as $2.20, but has rebounded into the upper $8s, with a gap up and ~27% increase today.
Bought @2.40, probably my my largest buy when I got into the game. Backbone of the company is enbridge and p66 so I've been following closely.
Apparently there was a considerable amount of JCP call buying around .50, is JCP a candidate for the model T up to about .72 if it reverses?Carlo4 said:
We all knew it, but essentially confirmation of JC Penney filing for bankruptcy in a few weeks.
https://www.marketwatch.com/story/jc-penney-seeking-around-1-billion-in-bankruptcy-funding-report-2020-04-23?mod=mw_latestnews
Good call.
Interesting Bull vs Bear Market comparison video
https://www.reddit.com/r/wallstreetbets/comments/g6wbth/the_bear_case_vs_bull_case_argument/
https://www.reddit.com/r/wallstreetbets/comments/g6wbth/the_bear_case_vs_bull_case_argument/
S&P futures have been straight down all night and stressing that 275 support level. I think we wake up with a huge gap down to the 271-272 level tomorrow morning. F*** me for not closing out my long positions during the initial bounce following the Remsedivir news. It has been nothing but downhill for the S&P. This was the pullback that I was looking for and did not capitalize on it. Good luck to all tomorrow.
Yes. Once I saw some tweets about his conflicting background I stopped following him.
fightintxag13 said:
Anyone else see this? Apparently Will Meade is posting some other guy's material.
New follow. Thanks!
***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
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
La Bamba said:
S&P futures have been straight down all night and stressing that 275 support level. I think we wake up with a huge gap down to the 271-272 level tomorrow morning. F*** me for not closing out my long positions during the initial bounce following the Remsedivir news. It has been nothing but downhill for the S&P. This was the pullback that I was looking for and did not capitalize on it. Good luck to all tomorrow.
278-9 right 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
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
McInnis 03 said:La Bamba said:
S&P futures have been straight down all night and stressing that 275 support level. I think we wake up with a huge gap down to the 271-272 level tomorrow morning. F*** me for not closing out my long positions during the initial bounce following the Remsedivir news. It has been nothing but downhill for the S&P. This was the pullback that I was looking for and did not capitalize on it. Good luck to all tomorrow.
278-9 right now
280 and climbing
BREwmaster said:I believe it. He's been called out for a lot of things (not actually attending Johns Hopkins, etc.). I'm sure he steals a lot of his info elsewhere.fightintxag13 said:
Anyone else see this? Apparently Will Meade is posting some other guy's material.
I only recently (past 2 weeks) started using twitter. Meade's stuff is crap.
I'm brand new to Twitter as well. Been on it for a month now (I'm using it to subscribe to Manic). I don't follow Will Meade, but I've seen his stuff posted here a lot lately.
I follow and post a little bit of his stuff, but I think he's the Darren Rovell of the stock market.fightintxag13 said:
I'm brand new to Twitter as well. Been on it for a month now (I'm using it to subscribe to Manic). I don't follow Will Meade, but I've seen his stuff posted here a lot lately.
***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
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
Apologies, it was late last night and I was obviously a bit grumpyjnathan10 said:
Lol, I just need 1 slightly decent day to close out positions and then prep for the fall.
SPY 285 today??
***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
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
McInnis 03 said:
SPY 285 today??
Inshallah
Featured Stories
See All
Best & worst moments from Texas A&M football's 2024 campaign
by Olin Buchanan
22:50
16h ago
2.2k
Reed Report: Preparing for Aggieland's first top-10 hoops showdown
by Luke Evangelist
5 Thoughts: No. 10 Texas A&M 80, No. 17 Oklahoma 78
by Luke Evangelist
10:08
22h ago
5.0k