Bob Knights Liver said:
S&P futures up, ViX down. Count me as interested but skeptical. I'm ready to make back last week's money, but feel like I'm going to get catfished at any moment by thehot babemarkets I met online.
Quote:
Overstock.com Initiated at Buy by Needham
Damn this is still a possibility? Amazing how long it's taking the UK to do anything with BrexitRice and Fries said:
One thing to keep on radars is another no deal brexit....
The UK apparently isn't united and the Eurozone is playing hardball with Boris. So potentially could impact markets alongside everything corona related.
CreakinDeacon said:
I think Monday we reclaim the 50DMA. Like I said, wasn't impressed with the bears given their inability to sell this thing and keep it sold towards the end of the day. They had everything in their favor to do it; gap up to trap bulls, multiple 50DMA tests and an overextended sentiment on tech. The volume flush just never came to push this thing lower. Which it absolutely should've come after the technical damage to the 50DMA. People are still too scared to short right now IMO. I think we see a pretty decent green day Monday. Technicals say more selling, but this close turned me off of it due to capturing back 3.5pts from the lows in the last 90mins and finishing closer to the 50DMA than the daily low. Buyers stepped in. Time will tell. Play the value. Don't try to guess it. I caught the QQQ short for a nice day and got stopped on my last piece at b/e. Finished the day flat due to some premium decay on my leaps.
Aggie_2463 said:
OA,
Seeing MGNI at $5.65 and how you've promoted this stock in past, are you loading the boat at this price?
Instead of adding more shares I bought back all of the covered calls I had on 50% of the shares. Above $7.50 and I re-enter $10 calls out to 2021 next time.ranchag04 said:Aggie_2463 said:
OA,
Seeing MGNI at $5.65 and how you've promoted this stock in past, are you loading the boat at this price?
OA, is $1.40 still the target on the UBER 9/25 $37.50C?oldarmy1 said:
Even with UBER I ended up with losses last week. Pennant breakout on macro markets took longer than I expected. But the 100 SPY calls kick things off nicely.
Buying PINS Oct 16, $38 or $39 calls at open if no further pop than now or if pops will grab a few but load on any initial pullback aided by early anticipated SPY profit taking.
It looks like today is a top on UBER, so either exit or use a trailing stop.Dale Earnhardts Stache said:OA, is $1.40 still the target on the UBER 9/25 $37.50C?oldarmy1 said:
Even with UBER I ended up with losses last week. Pennant breakout on macro markets took longer than I expected. But the 100 SPY calls kick things off nicely.
Buying PINS Oct 16, $38 or $39 calls at open if no further pop than now or if pops will grab a few but load on any initial pullback aided by early anticipated SPY profit taking.
CreakinDeacon said:CreakinDeacon said:
I think Monday we reclaim the 50DMA. Like I said, wasn't impressed with the bears given their inability to sell this thing and keep it sold towards the end of the day. They had everything in their favor to do it; gap up to trap bulls, multiple 50DMA tests and an overextended sentiment on tech. The volume flush just never came to push this thing lower. Which it absolutely should've come after the technical damage to the 50DMA. People are still too scared to short right now IMO. I think we see a pretty decent green day Monday. Technicals say more selling, but this close turned me off of it due to capturing back 3.5pts from the lows in the last 90mins and finishing closer to the 50DMA than the daily low. Buyers stepped in. Time will tell. Play the value. Don't try to guess it. I caught the QQQ short for a nice day and got stopped on my last piece at b/e. Finished the day flat due to some premium decay on my leaps.
I'm watching DXY/ USD too. It is amazing when it goes up, there's a delay, then SPY dumps, if it drops (like this morning), SPY runs. There's a guy in HP's room that swings SPY calls and puts off DXY. He's been crushing it.McInnis 03 said:
Good gap up but audjpy is at LOD, could be head fake
Dollar up, equities cheaper so they drop.BREwmaster said:I'm watching DXY/ USD too. It is amazing when it goes up, there's a delay, then SPY dumps, if it drops (like this morning), SPY runs. There's a guy in HP's room that swings SPY calls and puts off DXY. He's been crushing it.McInnis 03 said:
Good gap up but audjpy is at LOD, could be head fake
Philip J Fry said:
Anyone following Takeda Pharmaceuticals? Saw an article yesterday that claims they may have found root cause (Bradykinin Storm )for the damage Covid causes and these folks already have a drug out there that addresses it.
McInnis 03 said:
MBIO pushing to the top of the Darvas box.......no significant volume today. If you want to go with Mr. Darvas' approach, you know what to be ready for.
Think of resistance (top of the box) to be a levee. If the water stays at normal levels, the levee holds fine. Now if a flood comes, the levee risks failure. The flood is equivalent to high volume, need it to break it.zwhag2010 said:McInnis 03 said:
MBIO pushing to the top of the Darvas box.......no significant volume today. If you want to go with Mr. Darvas' approach, you know what to be ready for.
With little volume does one expect it to go back down typically therefore staying in the box... Or does it indicate a breakout
McInnis 03 said:Think of resistance (top of the box) to be a levee. If the water stays at normal levels, the levee holds fine. Now if a flood comes, the levee risks failure. The flood is equivalent to high volume, need it to break it.zwhag2010 said:McInnis 03 said:
MBIO pushing to the top of the Darvas box.......no significant volume today. If you want to go with Mr. Darvas' approach, you know what to be ready for.
With little volume does one expect it to go back down typically therefore staying in the box... Or does it indicate a breakout
