DY agrees... I personally agree, no idea where we land, but the lack of volume on this run is concerning. I'm pretty confident we run more up to the election, but get some recount or voting fiasco and that could be the catalyst.$30,000 Millionaire said:
Edit - I may not trade much between 10/16 and the election. I expect us to decline sharply somewhere between now and early Dec.
Stock Markets
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Last: 1 min ago by Moy
So 1/16 SPXS calls then? Perfect
So the bubble may "burst" in the "near future".
I am 100% positive it will rain in the near future. Could come in 3 months, could be 6 months.
I am 100% positive it will rain in the near future. Could come in 3 months, could be 6 months.
Questions for y'all. I have my setting set to FIFO on a tax lot basis in my TDA 'fun' trading account. Any recommendations as to switching to any of the following:
Tax lot ID methods we support: First-in, first-out (FIFO)
Last-in, first-out (LIFO)
Highest cost
Lowest cost
Specific lot
Tax efficient loss harvester
Average cost
Tax lot ID methods we support: First-in, first-out (FIFO)
Last-in, first-out (LIFO)
Highest cost
Lowest cost
Specific lot
Tax efficient loss harvester
Average cost
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Just remember: stocks go up, stocks go down, our job is to put money in the account and keep it there.
Yeah, pretty funny that the guy is basing it on his sister asking him about stocks. I'll just continue to trade based on what is actually happening, and not what I think might happen.Proposition Joe said:
So the bubble may "burst" in the "near future".
I am 100% positive it will rain in the near future. Could come in 3 months, could be 6 months.
I'm not certain how the markets will react but I'm now in the camp that there will not be a stimulus before the election.
My roommate from college works for Cornyn and he said the majority of GOP senators wouldn't sign the mnuchin deal
Politically speaking, R's in close races can't support bailing out blue states and justify the spending. Dems don't want to let Trump have a victory before the election. For these reasons I don't think a deal gets done but the market reaction in unknown but I'd lean to the downside.YNWA_AG said:
My roommate from college works for Cornyn and he said the majority of GOP senators wouldn't sign the mnuchin deal
Agree with you Prog....
A few weeks ago I was in the camp something would get verbally agreed to and both would claim a victory. With the election just weeks away (and early voting) I too think unlikely for the reasons you stated. Republicans have the momentum IMO regardless of what the media portrays and cannot risk losing fence riders.
A few weeks ago I was in the camp something would get verbally agreed to and both would claim a victory. With the election just weeks away (and early voting) I too think unlikely for the reasons you stated. Republicans have the momentum IMO regardless of what the media portrays and cannot risk losing fence riders.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
How are futures looking?
Let it Ride
pretty flat honestly. DXY moving up a little, but nothing concerning. I bet the pre-market melt up continues, but probably get a little pullback soonlal4l said:
How are futures looking?
This. Ditching a few speculative things at the open, but might be a few fun things this week with Apple Event + Amazon Prime day.
SHBM 10/16 calls! Edit: USPS decision due by end of year, but I could see administration pushing them to announce as early as possible as a feather in the cap for election run.
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AG
AAPL up over $120 premarket makes me smile.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Engine10 said:
This. Ditching a few speculative things at the open, but might be a few fun things this week with Apple Event + Amazon Prime day.
Nasdaq already up 1.4% for I guess this reason and the fact Europe is about to shut down again... doesn't care that Europe will sue most major tech companies.... that never mattered much in the last.
Wow.. if JD can hold this premarket move into trading hours.. that would be sick. Currently $81.64.
techs are ripping this morning
I don't know about you guys but I am having a blast sipping my coffee and scalping profits from premarket day trades with my little slush fund. Man a win on Saturday makes you brave on Monday.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
If I didn't have to drop my kid off at daycare I'd be rippin with you
Remember yall, with aapl and Amzn having hype days this week.....those are two of the biggest of the big dogs......if they run QQQ will too. They carry that much weight.
Wait you mean to tell me that Trump wouldn't agree to a deal with Pelosi only to have the Republicans in the senate undercut it with a no vote. The optics of that would have been terrible and Trump would have been better off keeping a hard line and not coming to an "agreement".
Imma cut some of those Trump covid shares I bought. Those were not meant for long term anyway
AMD?!?gig em 02 said:
techs are ripping this morning
Only slightly. Those rumors put a weight on it for near term
I'll be selling all 10/16 expiration calls at open and waiting for pullback to reposition. I'd rather secure profits and wait then hold at open and hope we continue the rise up.
CreakinDeacon said:
Are they not uncertain?
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