McInnis 03 said:
Easy day to make money on the indicies. Just had to hit the buy button at any time between 8:30-9:20 this morning.
I' mwatching the russel because if it gets through 2266 it could really giddy up
Stock Markets
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Last: 4 hrs ago by Quacked
Farmer @ Johnsongrass, TX
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How long do you want to ignore this user?
I know this isn't the crypto thread, but the info below impacts banks and JPM is discussed here.
Per this article, Dems are no friends of Crypto. ... Jamie Dimon got the diamond hands protecting the banking fiefdom. ... Elon Musk wants/wanted to transact Tesla's in Bitcoin. ... Maybe this has some negative impact on crypto miners, but I don't know.
Here's the link
https://www.marketwatch.com/story/yellen-to-name-michael-hsu-as-acting-comptroller-of-the-currency-11620396225?mod=mw_latestnews
Entire story below so you don't have to leave site.
Per this article, Dems are no friends of Crypto. ... Jamie Dimon got the diamond hands protecting the banking fiefdom. ... Elon Musk wants/wanted to transact Tesla's in Bitcoin. ... Maybe this has some negative impact on crypto miners, but I don't know.
Here's the link
https://www.marketwatch.com/story/yellen-to-name-michael-hsu-as-acting-comptroller-of-the-currency-11620396225?mod=mw_latestnews
Entire story below so you don't have to leave site.
Quote:
U.S. Treasury Secretary Janet Yellen announced her intention to appoint Federal Reserve bank regulator, Michael Hsu, as acting Comptroller of the Currency Friday.
Hsu currently serves as associate director of the Fed's bank supervision and regulation division. Yellen will appoint him to the role of first deputy comptroller, after which he will assume the role of acting comptroller of the currency.
"Mike has devoted his career to the stability and supervision of America's banking system," Yellen said in a statement. "He is among the most talented and principled regulatory officials that I have had the pleasure of working with, and I am confident he will execute this role with integrity and efficiency."
The Office of the Comptroller of the Currency is an independent unit of the Treasury Department that oversees federally chartered banks, including Goldman Sachs Group Inc. GS, -0.36% Wells Fargo & Co. WFC, -1.67% and Bank of America Corp. BAC, -0.57%
The regulator has been the subject of recent controversy, after current Acting Comptroller of the Currency Blake Paulsen wrote to lawmakers last month defending a rule that enables nonbank companies to partner with national banks to issue loans, a policy that critics say enable predatory lenders to evade state laws capping interest rates.
The so-called "true lender" rule was finalized in the final months of the Trump administration, and Democratic lawmakers have been working to overturn the regulation through the Congressional Review Act.
The cryptocurrency industry is also watching developments at the OCC closely, after the agency, under the Trump administration, developed a new fintech banking charter that could enable crypto firms to offer lending and payment products and offered guidance that gave the go ahead to nationally chartered banks to offer cryptocurrency custodial services.
NIO breaking trend line up.
UncleNateFitch said:consider:AG 2000' said:Happy to be wrong on that one, still a long way to go to get back to my entry price.Slappy007 said:It's funny how that "Model T" thing works.Slappy007 said:AG 2000' said:All the streaming services that have announced earnings in the last month have tanked after earnings. So I think it's likely this drops to your target area as mentioned.Thundergon said:
$ROKU
A test of the 200SMA around $290 seems imminent and might be a good place to get long for a bounce as that's also -3 ATR.
Signed, a ROKU bag holder.
Model T on Roku from the 2020 low is $272ish. Anywhere between there and $290 is a good entry imo.
a) unloading it (if you don't believe in the stock)
b) getting cost average down if it drops like a rock (if you do)
I believe in them. Just wish the price reflected how much I do. Have been looking to average down where I can too, good suggestion.
I'll be glad when this week is over. It's been a doozy for me.
You don’t trade for money, you trade for freedom.
I can speak for all of us (not just all the McInnis') when I say keep your damn chin up. You're a general on this battlefield and despite taking one to the leg, we can't have your confidence slip. You've worked too hard to get where you're at.
With that said, just a few more hours.
Come paper trade with me. It cures what ails you lol
With that said, just a few more hours.
Come paper trade with me. It cures what ails you lol
Who broke IMMR?!?!
thank you. you have to take a macro lens on things, in my opinion. Still up bigly for the year, just hate to give a bunch back. I do think the market has changed and to use tic's language: sell will come.McInnis 03 said:
I can speak for all of us (not just all the McInnis') when I say keep your damn chin up. You're a general on this battlefield and despite taking one to the leg, we can't have your confidence slip. You've worked too hard to get where you're at.
With that said, just a few more hours.
Come paper trade with me. It cures what ails you lol
You don’t trade for money, you trade for freedom.
They're sending MVIS again.
this is my favorite part of thisMcInnis 03 said:
I can speak for all of us (not just all the McInnis') when I say keep your damn chin up. You're a general on this battlefield and despite taking one to the leg, we can't have your confidence slip. You've worked too hard to get where you're at.
With that said, just a few more hours.
Come paper trade with me. It cures what ails you lol
Russell / IWM is going to go, I think. I lost bigly on it this week when it gapped down on Monday (I could have bought a porsche with the losses). I am also going to upside a little bit for June expiration with a very tight stop.
You don’t trade for money, you trade for freedom.
I added some CCXI 6/18 12.5C at 1.8 here. Only 3 contracts. This is a hero or zero play for me
Too also use Tic's language.$30,000 Millionaire said:thank you. you have to take a macro lens on things, in my opinion. Still up bigly for the year, just hate to give a bunch back. I do think the market has changed and to use tic's language: sell will come.McInnis 03 said:
I can speak for all of us (not just all the McInnis') when I say keep your damn chin up. You're a general on this battlefield and despite taking one to the leg, we can't have your confidence slip. You've worked too hard to get where you're at.
With that said, just a few more hours.
Come paper trade with me. It cures what ails you lol
Many will be f***ed.
McInnis 03 said:
I can speak for all of us (not just all the McInnis') when I say keep your damn chin up. You're a general on this battlefield and despite taking one to the leg, we can't have your confidence slip. You've worked too hard to get where you're at.
With that said, just a few more hours.
Come paper trade with me. It cures what ails you lol
Decent earnings report
Another fun day in the life of LPX'ers
Just sold the last of my BGFV 5/21 $25 calls for an even $5.00. I wish I could say this was some great TA approach, but I simply got lucky on an earnings lotto. I didn't have a ton of calls, but this is probably the biggest multiple I've had. (25x in 3 days)
I just wished it made up for the other losses in that same time frame....
I just wished it made up for the other losses in that same time frame....
Up 15% on these today. The way things have been I'm having to resist taking that gain and running. However; by gosh I'm going to trade my plan.irish pete ag06 said:
They say trade what's in front of you. I've been locked in on small caps too much, so trying to dip my toe into looking for call or put options of large and mega caps trading in a channel.
Looking at microsoft... please any of you elders scrolls please point out something to me that's dumb.
On the daily MSFT has tested the blue (34/50) ribbon and rebounded each time since COVID crash.
I like those long wicks at the bottom of the daily touching the 34/50 too.
On the weekly I MSFT has rebounded each time it's dipped into the green ribbon (8/13). I've drawn channel lines to help pick a strike.
Gonna attempt to enter into the $270 calls for JUN in the morning for 1.25. Looking for a triple, stop loss set at .75.
Fun to follow....
Started following VS Options and her private Twitter and Discord. She is pretty nails on levels.
Really made for the options trader and especially weekly.
You might try her 3 day free trial and see what you think. After that $99 Month.
Paper traded futures today on /MES, /MNQ, and /M2K......started at -$600 or so on a pre-market /MNQ stop......finished with a +$1283 day if I call it here.....
Goal is to master a plan that is repetitive and precise that can then be put into live action and eventually move away from options and whatnot. We'll see if that's a realistic goal.
Goal is to master a plan that is repetitive and precise that can then be put into live action and eventually move away from options and whatnot. We'll see if that's a realistic goal.
What did they think was going to happen?
U.S. CHAMBER OF COMMERCE SAYS CALLS FOR ENDING $300 WEEKLY SUPPLEMENTAL FEDERAL UNEMPLOYMENT BENEFIT TO ADDRESS U.S. LABOR SHORTAGE
— *Walter Bloomberg (@DeItaone) May 7, 2021
Jump horses to NRG - on a tear atm
any other idiots still in the MOS calls?
I know it's not really something anyone here recommends but I think I'm fixing to move into bonds out of stock funds in 401k today and wait for the dip here soon to reallocate back j to stock funds.
My 401k version of going to cash
My 401k version of going to cash
$SPY getting tight on the 5-min, which way will she go..
We are rejecting an upper resistance line from 4/16 & 4/29. May push through but may cool off. Its right at a line I had drawn as resistance.Thundergon said:
$SPY getting tight on the 5-min, which way will she go..
USCOC isn't a governmental organization, in case you weren't aware. But yes, fairly obvious...
Yes, Lobbyist.PeekingDuck said:
USCOC isn't a governmental organization, in case you weren't aware. But yes, fairly obvious...
Rolled mine to June.Cloud said:
any other idiots still in the MOS calls?
Inflation is real, those shortages aren't going anywhere, just needs more time to run (IMO).
President Biden To Deliver Remarks On April Jobs Report (Live Stream Link) $SPY https://t.co/uxPB748sJc
— PSK2329 - JHC (@psk2329) May 7, 2021
What's the shortage you're referring to here?
SELL SELL SELLCrazyRichAggie said:President Biden To Deliver Remarks On April Jobs Report (Live Stream Link) $SPY https://t.co/uxPB748sJc
— PSK2329 - JHC (@psk2329) May 7, 2021
It's time to add more
X with another nice move today. Sold those calls to soon, oh well.
Probably should have said demand, not shortage.Danwell Home said:
What's the shortage you're referring to here?
But their earnings report and guidance indicated demand pressure for lots of their products. And then you step back across all of agriculture and the challenges there, and I expect them to continue upward.
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