Added 7500 shares of MBIO on the news this morning premarket.

Sad that I sorted all mutual funds on E*TRADE this morning by performance and bond heavily portfolios made up a substantial portion of the top 20%.

EBON is a tough one to hold onto. Cyrpto play from China. Not exactly comforting.

GVSI with some movement today.

AgEng06 said:

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GVSI with some movement today.

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My G's are the only thing looking good today for me.

Which one of y'all decided to **** on the market today... Sheesh!!

Regarding my comments on T, I forgot to add, over the course of the past couple years if any thing negative is mentioned, detected, published about the economy T moves up and conversely it moves down when positive things come out regarding the economy. Right now, it's up .62 and this is a huge daily move up. There's something pretty negative in the economy because T activity is telling me so. It's a very good barometer. (Yes, I think most here on this thread know that the current economic policies are no good.) Just more confirmation rolling in.

Looks like today is a great day to type some entries into my trade log on discord. Do some self evaluation and try not to trade into falling knives.

irish pete ag06 said:

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Looks like today is a great day to type some entries into my trade log on discord. Do some self evaluation and try not to trade into falling knives.

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The beauty of picking now as a time to learn.......paper trades hurt way less. Pride only!

McInnis 03 said:

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irish pete ag06 said:

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Looks like today is a great day to type some entries into my trade log on discord. Do some self evaluation and try not to trade into falling knives.

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The beauty of picking now as a time to learn.......paper trades hurt way less. Pride only!

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True. I'm more prone to real trading with just microscopic position sizing. I need to start paper trading more.

LPX just beating again.

irish pete ag06 said:

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irish pete ag06 said:

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Jumped onto some NKE puts (hope I'm not offending someone by buying puts) after it gapped up rocketed outside of +3 ATR. Looking for a scalp here. Could see a gap back down if it continues the trend and some potential stop losses happen or Biden decides cleveland steamer the markets during his speech.

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2 things.

I botched this "scalp" today. I sat there and watched this run up 20% in just a couple hours. But that's the problem. I just sat there. I never pulled the trigger and closed it... it slowly leaked back down to break even so now I'm overnighting this NKE put into Monday. Meanwhile NKE is up .55 after hours. WHAT AN IDIOT!



2nd thing, I've been wanting to create a trading log. And of course St. Ripster has what I think will be the best option.

#tradingtips
How Far will you go (I dnt mean buying alerts)
How much you want success?

Below is me in my Journal(like I teach to have your own personal discord) , shouting at myself alone on my mistakes and logging everything 3 years ago
What have you done different today?? pic.twitter.com/FpdvBTrqY1

— Ripster (@ripster47) May 7, 2021

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This trade turned quickly to green this morning with the gap down and I quickly took the 27% gain and got out.

Beginning to think I'm better off taking my lumps on a few positions like DPW and/or NXTD. Having the money tied up instead of redeployed elsewhere where it could possibly get me a positive return is a cost too. May as well throw it directly at crypto. The floor seems to be the same anyway. Zero. Easier decision for me as my average cost isn't near as bad as many of yours. I'm thinking it is more of a pride/ego thing that's been holding me back.

RenoAg said:

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Farmer @ Johnsongrass, TX said:

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Regarding my comments on T, I forgot to add, over the course of the past couple years if any thing negative is mentioned, detected, published about the economy T moves up and conversely it moves down when positive things come out regarding the economy. Right now, it's up .62 and this is a huge daily move up. There's something pretty negative in the economy because T activity is telling me so. It's a very good barometer. (Yes, I think most here on this thread know that the current economic policies are no good.) Just more confirmation rolling in.

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The one time we all want some Low T?

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<laugh/cry emoticon>

If T ends up $1.00 today, I'll be chasing the wife around the house tonight..

Good lord MGNI. Earnings AH though!

Sold my SPY 420P for a profit on the 421 test.

Just bought some 5/14 422P now.

The ARKK chart looks like a ball bouncing off a cliff

So is anyone playing any of the materials?
Last week I thought of jumping into X and LPX particular with about 2 or 3 spots OTM options out to July but figured that was chasing....nope! They've continues up. Do we think there's more room here?
If so what do y'all like?
What are some tickers I'm missing?

Went ahead and took my proft on the TSLA puts at 30%, don't want to get theta decayed

Danwell Home said:

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Good lord MGNI. Earnings AH though!

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Needs to hold the 200 EMA (successful at first try)

FJ43 - If SPY trades down and a bit through 419, ending the session below 419, will you call this a double top?

trip98 said:

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So is anyone playing any of the materials?
Last week I thought of jumping into X and LPX particular with about 2 or 3 spots OTM options out to July but figured that was chasing....nope! They've continues up. Do we think there's more room here?
If so what do y'all like?
What are some tickers I'm missing?

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Been working LPX, X, and FCX.

Sure there's many more in those spaces, the supply issues aren't going anywhere.

playing small, entering SBUX May 28 110/125C @ 5.41. Want to see if SBUX charges up from here. Stop $113.

Farmer @ Johnsongrass, TX said:

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RenoAg said:

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Farmer @ Johnsongrass, TX said:

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Regarding my comments on T, I forgot to add, over the course of the past couple years if any thing negative is mentioned, detected, published about the economy T moves up and conversely it moves down when positive things come out regarding the economy. Right now, it's up .62 and this is a huge daily move up. There's something pretty negative in the economy because T activity is telling me so. It's a very good barometer. (Yes, I think most here on this thread know that the current economic policies are no good.) Just more confirmation rolling in.

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The one time we all want some Low T?

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<laugh/cry emoticon>

If T ends up $1.00 today, I'll be chasing the wife around the house tonight..

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this is one of the most poorly run companies in America.

Farmer @ Johnsongrass, TX said:

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FJ43 - If SPY trades down and a bit through 419, ending the session below 419, will you call this a double top?

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I would watch that as a possibility but would be more of a double top to me if we had a day (or two) in between of consolidation at 420ish or lower first. It is back to back trading days with new ATH so far so technically not rejected after consolidation.

This may continue up to 426+ but I am in your camp way more cash and just playing levels. Each time this makes a new ATH I buy weekly puts.

I would really like to see us back test the 419 low of Friday and even the support level 418.25. Without that I at least feel I need to be very flexible with trades.

Man W has been solid....

https://www.thestreet.com/phildavis/stocks-options/here-comes-the-squeeze-goldman-prime-says-hedge-funds-shorted-tech-for-9-of-the-past-10-days

Here's the article on the tech stocks getting shorted.

Got it. Thx!

What's the move with WWR right now? Is it time to load up more under $4 or are we going lower?