Needs the bounce but I am watching if bear flagging intraday here.J.P. 03 said:I would agree with that assessment. However, looking at the 5-minute chart, if we touch 438.29 again and bounce up, it could be setting up a double bottom/really strange-looking inverse H&S heading into power hour. I'm hanging onto the calls I picked up earlier just in case.FJ43 said:
Below 438.29 and SPY 437.50ish incoming?
Think I will go pretty flat into close on trades.
Stock Markets
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Last: 57 min ago by HoustonAg_2009
He can only lockdown federal facilities. Blue state governors are on board but no red states will lockdown.agdaddy04 said:No way this will be allowed, right?CrazyRichAggie said:WH official this am: “B lockdown speech being drawn up this week…they’re planning to make it sound like one of the most solemn in history, real Bush on the night of 9/11 type stuff. Would start stocking up if I were y’all”
— Jack Posobiec (@JackPosobiec) August 2, 2021
What would you guys do to hedge this?
Totally for fun...if you think this will rip back up this week.
SPY 444c weekly.
.34
I took a few to hopefully give Momma FJ some spending money for the weekend. If not I will hide.
SPY 444c weekly.
.34
I took a few to hopefully give Momma FJ some spending money for the weekend. If not I will hide.
Look out belowFJ43 said:Needs the bounce but I am watching if bear flagging intraday here.J.P. 03 said:I would agree with that assessment. However, looking at the 5-minute chart, if we touch 438.29 again and bounce up, it could be setting up a double bottom/really strange-looking inverse H&S heading into power hour. I'm hanging onto the calls I picked up earlier just in case.FJ43 said:
Below 438.29 and SPY 437.50ish incoming?
Think I will go pretty flat into close on trades.
Bounced off.
Watching this little guy on 1 MinCrazyRichAggie said:Look out belowFJ43 said:Needs the bounce but I am watching if bear flagging intraday here.J.P. 03 said:I would agree with that assessment. However, looking at the 5-minute chart, if we touch 438.29 again and bounce up, it could be setting up a double bottom/really strange-looking inverse H&S heading into power hour. I'm hanging onto the calls I picked up earlier just in case.FJ43 said:
Below 438.29 and SPY 437.50ish incoming?
Think I will go pretty flat into close on trades.
Buying NVDA Sep $225's
FUBO
Anybody got a feel for FUBO earning's tomorrow?
Prog this is one you know well right?
Bob Knights Paper Hands
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If that rumor is true and we are in for a blue-state lockdown which companies does that help or hurt?
Hurt: airlines, oil companies, CX, X?
Help: zoom, AMZN, NFLX, food delivery services?
Does it help or hurt Disney?
Hurt: airlines, oil companies, CX, X?
Help: zoom, AMZN, NFLX, food delivery services?
Does it help or hurt Disney?
Hotels probably get hurtTomas Hermensa said:
If that rumor is true and we are in for a blue-state lockdown which companies does that help or hurt?
Hurt: airlines, oil companies, CX, X?
Help: zoom, AMZN, NFLX, food delivery services?
Does it help or hurt Disney?
DoorDash probably up
I'm not expecting any surprises. I'd like to see their subscribers continue to grow as well as an update on their live betting side they're working on. If that is live with the NFL season about to start, that will be huge.FJ43 said:
FUBO
Anybody got a feel for FUBO earning's tomorrow?
Prog this is one you know well right?
Thanks! I have a calls on for it but that is about it.Prognightmare said:I'm not expecting any surprises. I'd like to see their subscribers continue to grow as well as an update on their live betting side they're working on. If that is live with the NFL season about to start, that will be huge.FJ43 said:
FUBO
Anybody got a feel for FUBO earning's tomorrow?
Prog this is one you know well right?
Bob Knights Paper Hands
Joined:
Dec 22, 2010
Posts:
11,959
How long do you want to ignore this user?
FJ43 said:Hotels probably get hurtTomas Hermensa said:
If that rumor is true and we are in for a blue-state lockdown which companies does that help or hurt?
Hurt: airlines, oil companies, CX, X?
Help: zoom, AMZN, NFLX, food delivery services?
Does it help or hurt Disney?
DoorDash probably up
Yes, hotels. Good thought. Any restaurant chains heavy in Cali, NE or the NW? Some like DRI or something? Also what about LADR, would their commercial real estate be hit hard?
These are now 1.60 from 1.21. Trimming at bit at 30%+FJ43 said:These are back to 1.30 but needs to break 46.10 now.FJ43 said:
Watch NIO here pivoting at MT intraday.
Could be entry on 46C it bounces here. These were 1.80 earlier and now 1.21
Farmer @ Johnsongrass, TX
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austinAG90 - Are you guys thinking that the bank money being parked at the FED's RRP facility (...to the tune of $1 Trillion) would come out if/when the FED starts to taper on the large scale asset purchases and the debt ceiling gets raised? To me, that process basically leaves things unchanged for a period with the reversal of money coming out of the RRP to the banks and having banks handle the mortgage side. What say you?
I have no idea what you just said. Can I chart that?Farmer @ Johnsongrass, TX said:
austinAG90 - Are you guys thinking that the bank money being parked at the FED's RRP facility (...to the tune of $1 Trillion) would come out if/when the FED starts to taper on the large scale asset purchases and the debt ceiling gets raised? To me, that process basically leaves things unchanged for a period with the reversal of money coming out of the RRP to the banks and having banks handle the mortgage side. What say you?
Anyone in RIG? They are supposed to release earnings report today after hours....what are we anticipating?
Markets don't seem to give a **** about this so farPrognightmare said:He can only lockdown federal facilities. Blue state governors are on board but no red states will lockdown.agdaddy04 said:No way this will be allowed, right?CrazyRichAggie said:WH official this am: “B lockdown speech being drawn up this week…they’re planning to make it sound like one of the most solemn in history, real Bush on the night of 9/11 type stuff. Would start stocking up if I were y’all”
— Jack Posobiec (@JackPosobiec) August 2, 2021
What would you guys do to hedge this?
I believe the market has moved beyond Covid.
Markets had their COVID freak-out day last Monday
RKT took off. Any news on it? I saw some weekly 18.5 and 19 calls come in when it broke.
Absolutely nothingBosco said:
Anyone in RIG? They are supposed to release earnings report today after hours....what are we anticipating?
I plan to go net free if this pushes to NHOD. Should be close to double then.FJ43 said:Trimming here at 30% first groupFJ43 said:If this breaks 198 then 198.50ish should run back to today's high.FJ43 said:Bought lotto size at .90FJ43 said:
NVDA 205C not a bad lotto if holds here. Showing some strength with roll over in macros.
They are 1.03...wait for bounce on 2 min
Bosco said:
Anyone in RIG? They are supposed to release earnings report today after hours....what are we anticipating?
I'm in it and not sure if I should sell and take my loses today or ride it out. My entry is 4.23
SPY flagging, which way we going to end the day?
Im a little lower than you but I need to free up some money....got 15 contracts, prob drop em tomorrow.MOCO9 said:Bosco said:
Anyone in RIG? They are supposed to release earnings report today after hours....what are we anticipating?
I'm in it and not sure if I should sell and take my loses today or ride it out. My entry is 4.23
Announced today they are entering the solar energy businessjbeck3487 said:
RKT took off. Any news on it? I saw some weekly 18.5 and 19 calls come in when it broke.
My crystal ball says flat or downCrazyRichAggie said:
SPY flagging, which way we going to end the day?
Bosco said:Im a little lower than you but I need to free up some money....got 15 contracts, prob drop em tomorrow.MOCO9 said:Bosco said:
Anyone in RIG? They are supposed to release earnings report today after hours....what are we anticipating?
I'm in it and not sure if I should sell and take my loses today or ride it out. My entry is 4.23
Who knows..... All i know is if market reacts poorly I'm dropping it and eating my losses. If it goes up I'll sell cc's near the money out a few months
Rejected at long term trend but also bounced the 8EMA back test.CrazyRichAggie said:
SPY flagging, which way we going to end the day?
So far anyway.
yeah, hilarious to see CNN short vid on twitter, fear-baiting like crazy (Florida cases). Meanwhile in Florida, people are on the beach, tourism is good, no one is dying, life is great.Prognightmare said:
I believe the market has moved beyond Covid.
SPY RSI(9) has been pretty flat at about 60 for 5 trading days. Looks like consolidation up here.
Farmer @ Johnsongrass, TX
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LOL!
I don't know if it can be charted. I'm thinking that all this extra cash that banks are receiving from the FED/Treasury, they are parking it at the Fed Repo Facility to avoid the Gov't restrictions have on banks...and the banks are getting paid interest on the parked money (taxpayer dollars at work). Hell, even the bankers were commenting and surprised they were getting some interest payment as they initially thought it would be ZERO. Anyway,...I'm thinking after the FED announces they will begin tapering the mortgaged backed size of asset purchases - that to me translates as the FED is telling the banks, "Time for you banks to start getting back into the mortgage size of this equation because we/FED are exiting".
Should this be the case, it's just more of the same. I believe the FED mortgage side purchases are $120 billion a month. If there's over $1 Trillion parked by the banks, that's at least another 8 months of the banks stepping in and taking the place of the FED. So, to me, that's a no change and that's bullish stocks.
Seeking an expert (austinAG90) opinion.
Moving on,...
I still think a pullback is coming. If Posobieac is correct (I have little faith in that guy) and Biden decides to shut the economy down due to COVID 2.0, well I think that's the pullback signal for a buying opp.
Eventually, there will be a seismic crash in stocks, because the FED in all it's infinite wisdom of being the largest buyer of U.S. debt they sponsor and monetary policy of ZIRP - you know and I know that having your cake and eating too and then continually repeating the process in questionable, but what happens when you run out of cake? To continue the process only 2 things are left to occur that allow it to continue....and both are not pretty..
And here we go,...
Foreign ownership of Treasuries to May 2021 is near a record high.
Foreign holders of U.S. debt equals $7.14 Trillion.
Japan with the most at $1.27 T
China in second place with $1.08 T
The largest buyer of U.S. Treasuries this past year is the FED and they increased their holdings by $981 billion over last year so far.
Trade what's in front of you, right? Stocks never go down.(hysterically laughing, nervously thinking)
I don't know if it can be charted. I'm thinking that all this extra cash that banks are receiving from the FED/Treasury, they are parking it at the Fed Repo Facility to avoid the Gov't restrictions have on banks...and the banks are getting paid interest on the parked money (taxpayer dollars at work). Hell, even the bankers were commenting and surprised they were getting some interest payment as they initially thought it would be ZERO. Anyway,...I'm thinking after the FED announces they will begin tapering the mortgaged backed size of asset purchases - that to me translates as the FED is telling the banks, "Time for you banks to start getting back into the mortgage size of this equation because we/FED are exiting".
Should this be the case, it's just more of the same. I believe the FED mortgage side purchases are $120 billion a month. If there's over $1 Trillion parked by the banks, that's at least another 8 months of the banks stepping in and taking the place of the FED. So, to me, that's a no change and that's bullish stocks.
Seeking an expert (austinAG90) opinion.
Moving on,...
I still think a pullback is coming. If Posobieac is correct (I have little faith in that guy) and Biden decides to shut the economy down due to COVID 2.0, well I think that's the pullback signal for a buying opp.
Eventually, there will be a seismic crash in stocks, because the FED in all it's infinite wisdom of being the largest buyer of U.S. debt they sponsor and monetary policy of ZIRP - you know and I know that having your cake and eating too and then continually repeating the process in questionable, but what happens when you run out of cake? To continue the process only 2 things are left to occur that allow it to continue....and both are not pretty..
And here we go,...
Foreign ownership of Treasuries to May 2021 is near a record high.
Foreign holders of U.S. debt equals $7.14 Trillion.
Japan with the most at $1.27 T
China in second place with $1.08 T
The largest buyer of U.S. Treasuries this past year is the FED and they increased their holdings by $981 billion over last year so far.
Trade what's in front of you, right? Stocks never go down.(hysterically laughing, nervously thinking)
Nice email just now from Ohio State president -- masks are mandated again on campus for everyone, regardless of vaccine status, even outside. They also are now requiring you to report vaccine status by Friday or else.
This **** won't end
This **** won't end
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