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Irish 2.0
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In reply to Carlo4 • 10:23a, 5/4/21
Carlo4 said:
Irish 2.0 said:
Yellen needs to shut her ****ing trap. She is driving this next leg down right now
Got a quick summary? Stuck in meeting.





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BrokeAssAggie
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In reply to Carlo4 • 10:23a, 5/4/21
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Carlo4
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In reply to Irish 2.0 • 10:25a, 5/4/21
AG
Thank you and crazyaggie.

yikes i see why now.
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ClutchCityAg
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In reply to Irish 2.0 • 10:25a, 5/4/21
**** that *****
Let it ride
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2wealfth Man
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In reply to SF2004 • 10:27a, 5/4/21
AG
SF2004 said:
This is absurd. Companies have good earnings and tank. Companies have ex dividend dates coming up and....tank.

Makes zero sense.
Yep, such a herd mentality now it is ridiculous.
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FTAG 2000
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In reply to cageybee77 • 10:28a, 5/4/21
AG
cageybee77 said:
Wtf LPX...., not ready!
Beat estimates by 10% on earnings per share and revenue, and guided higher for rest of 2021.

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Carlo4
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10:29a, 5/4/21
AG
Ok sold out of most of my speculative plays last 2 days to free up some cash on this dip. Market should be turning around in 10 minutes.

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Ornithopter
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In reply to ClutchCityAg • 10:34a, 5/4/21
AG
ClutchCityAg said:
**** that *****


Do you honestly think our current monetary policy is healthy in the long term?
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Farmer @ Johnsongrass, TX
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10:38a, 5/4/21
Out of SPY shares. Holding cash.

My dividend stocks, T, XOM, ABBV are holding up well. If there's a rotation going on into value, I'm all for it.

TSLA put its toe below $660 today
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ClutchCityAg
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In reply to Ornithopter • 10:40a, 5/4/21
No, but I don't think she is gonna make it better
Let it ride
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mazag08
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10:41a, 5/4/21
AG
Today just won't make up its mind.
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LOYAL AG
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In reply to 59 South • 10:41a, 5/4/21
AG
59 South said:
Nobody else still in $CWH? That's all I'm watching today.
Been in weekly CC since early April. My entry was $42.93 and original CC was $43. Two weeks ago I got lucky in that it closed Friday at $43.09 and I'm guessing the platform for the buyer was one of those few that doesn't auto assign below $.10 so I got to keep the shares. Last week and now this week I've raised by CC to $45. Looking good so far. Long way to go til Friday.
A fearful society is a compliant society. That's why Democrats and criminals prefer their victims to be unarmed. Gun Control is not about guns, it's about control.
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ClutchCityAg
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10:42a, 5/4/21
So SPY is at -3 ATR on most intraday charts, but only at the mean on Daily and +2 ATR on weekly.

hmm..
Let it ride
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BlueTaze
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10:47a, 5/4/21
SKLZ is my only green holding today
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BrokeAssAggie
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10:47a, 5/4/21
X volume spike.
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Ornithopter
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In reply to ClutchCityAg • 10:48a, 5/4/21
AG
I don't care for the democrats at all, but there is no making it better.

The Fed is in a box and the only way out is through pain.
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FTAG 2000
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In reply to mazag08 • 10:52a, 5/4/21
AG
mazag08 said:
Today just won't make up its mind.
John Carter concepts applied (Squeeze, Wave, carry trade, TRIN / Tick) say we are still going lower.
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ClutchCityAg
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10:53a, 5/4/21
Tic Toc update:

Let it ride
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Irish 2.0
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10:57a, 5/4/21
I'll look to get long in some stuff around $325 on the QQQ. That is where this last breakout started on 4/5
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FJ43
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10:58a, 5/4/21

SPY 311.45 I have a big spot to hold.
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FJ43
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11:01a, 5/4/21

I bought weekly SPY 415c at the 411.45 pivot. Will be out quick should it fail.
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59 South
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In reply to Irish 2.0 • 11:09a, 5/4/21
AG
Irish 2.0 said:
I'll look to get long in some stuff around $325 on the QQQ. That is where this last breakout started on 4/5
Same. It's also 50% retrace / Model T 3/25 low to 4/29 high and the 50 SMA.

ETA, low could be in as well... today's low right on rising support channel 3/5 & 3/25
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cptthunder
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In reply to FJ43 • 11:09a, 5/4/21
FJ43 said:

I bought weekly SPY 415c at the 411.45 pivot. Will be out quick should it fail.
Pulled the same move but since Im broke had to role with the 418c
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FJ43
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11:13a, 5/4/21
Come on SPY. Get through 413.74 ish and we head above 414.
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cptthunder
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11:13a, 5/4/21
Finally got to go NetFree on the X 30c

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ClutchCityAg
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In reply to FJ43 • 11:14a, 5/4/21
FJ43 said:
Come on SPY. Get through 413.74 ish and we head above 414.
I have Model T at 414.1 on 1min chart
Let it ride
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spud1910
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11:15a, 5/4/21
AG
GVSI green today. Hopefully net free day.
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FJ43
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In reply to FJ43 • 11:18a, 5/4/21
FJ43 said:

I bought weekly SPY 415c at the 411.45 pivot. Will be out quick should it fail.
Took off the table already at the 413.44 pings. 20% only quick 15 minute trade but I'll take it today.

Will reenter on confirmation above this.
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FJ43
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In reply to ClutchCityAg • 11:20a, 5/4/21
ClutchCityAg said:
FJ43 said:
Come on SPY. Get through 413.74 ish and we head above 414.
I have Model T at 414.1 on 1min chart
Momentum stopped and on a scalp premium on weekly I find moves quick. Took this off for 20% already.

Gets past 413.44 and I will reenter but also be quick with the trigger.
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J.P. 03
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11:24a, 5/4/21
AG
Side note on those Yellen comments. I didn't realize this part:
Quote:
"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat, even though the additional spending is relatively small relative to the size of the economy," Yellen said in a taped interview with The Atlantic, which aired Tuesday.

I'm not naive enough to believe I'm not playing a rigged game when I put money in the stock market, but this just seems like an additional middle finger to the little guy. I wonder how much money the people made this morning who knew this was coming?
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Ornithopter
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In reply to J.P. 03 • 11:28a, 5/4/21
AG
J.P. 03 said:
Side note on those Yellen comments. I didn't realize this part:
Quote:
"It may be that interest rates will have to rise somewhat to make sure that our economy doesn't overheat, even though the additional spending is relatively small relative to the size of the economy," Yellen said in a taped interview with The Atlantic, which aired Tuesday.

I'm not naive enough to believe I'm not playing a rigged game when I put money in the stock market, but this just seems like an additional middle finger to the little guy. I wonder how much money the people made this morning who knew this was coming?


Look at the overnight action on ES. Someone big knew.
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RigsTx
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In reply to cptthunder • 11:35a, 5/4/21
AG
cptthunder said:
Finally got to go NetFree on the X 30c

Are you in the 5/21 $30C or the 6/18?

My 5/21 $30C are right around breakeven right now.
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FJ43
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11:36a, 5/4/21

Let's see if SPY can make an inverted H&S on a 5 Min chart. If so and that confirms we could go back up some.

Needs to fall a bit more here and pivot again with continuation to do so.
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ClutchCityAg
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In reply to FJ43 • 11:36a, 5/4/21
FJ43 said:

Let's see if SPY can make an inverted H&S on a 5 Min chart. If so and that confirms we could go back up some.

Needs to fall a bit more here and pivot again with continuation to do so.
Per Tic: Volatility crush may happen today if we are able to take out 4150 today. But longer we remain below orderflow pivot 4150, bigger the chances of volatility expansion in power hour. Now 4138.
Let it ride
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FJ43
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11:39a, 5/4/21

He preaches this non stop.

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