$30,000 Millionaire said:
imagine being Mark Zuckerberg with a 10-11 figures shift.
he is high 10 figure paper loss today and approaching 11...
Stock Markets
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Last: 6 hrs ago by ProgN
he is high 10 figure paper loss today and approaching 11...
FB right off the 200 EMA...time for calls?
Throughout the world (other than texags users) productivity today sees a 20% boost!
He sells $30M in stock everyday. He'll be okay.cjo03 said:$30,000 Millionaire said:
imagine being Mark Zuckerberg with a 10-11 figures shift.
he is high 10 figure paper loss today and approaching 11...
SKLZ flashing under 9
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How do we feel about the mortgage situation nationally?
Both RKT and UWMC are nearing 52 week lows.
Both RKT and UWMC are nearing 52 week lows.
Double_Bagger said:🚨BREAKING🚨
— unusual_whales (@unusual_whales) October 4, 2021
Data of over 1.5 billion Facebook users is being sold on a popular hacking-related forum. Data contains users’ names, emails, phone numbers, locations, gender, and user ID.
It appears $FB was hacked.
There are/were quite a few tech and communications companies with server issues today. Wonder if all were hacked during the outage?
woah that was quick pic.twitter.com/xt9IWCip5j
— Joe Groff (@jckarter) October 4, 2021
OA likes at least one of them as his trigger for IVR (
Invesco Mortgage Capital) went off today.
Invesco Mortgage Capital) went off today.
I don't think I have to share my thoughts on SAVA again. There was always a bear case to be made. It was practically flashing its lights at you while the bull case tried to grab your attention. Still lots to play out. But so far, nothing is surprising.
REI outperformed what I expected as it broke through major resistance and held through the end of the day. This is great for the short term, though I don't really think it changes much long term. One of its waves was going to need to extend to fit the larger count dating back to November of last year. I'm still eyeing $6.5 range for the top of wave 3 and $7.5+ for the top of Wave 5 likely mid to late next year.
REI outperformed what I expected as it broke through major resistance and held through the end of the day. This is great for the short term, though I don't really think it changes much long term. One of its waves was going to need to extend to fit the larger count dating back to November of last year. I'm still eyeing $6.5 range for the top of wave 3 and $7.5+ for the top of Wave 5 likely mid to late next year.
Double_Bagger said:He sells $30M in stock everyday. He'll be okay.cjo03 said:$30,000 Millionaire said:
imagine being Mark Zuckerberg with a 10-11 figures shift.
he is high 10 figure paper loss today and approaching 11...
oh on the list of people I am worried about, he is certainly right up there near the bottom. just a timely post with today's drop.
By the way, PROG hit a nearly perfect 61% retrace from its Aug 20 low to its high on Friday. Also lines up with the 161% extension of its Friday high and low. Would be very weird to see it break lower than that. If it does go lower, the common landing spot would be the 78% retracement at $1.06. But it looks to have closed waves 1 and 2 and should be on its way for wave 3 which ultimately points to $4.25 (after a completed 5-wave structure within the 3rd wave).
obviously a tough day to trade. Be patient, hard to keep it down like this in perpetuity.
Nasdaq is at -3
Nasdaq is at -3
You don’t trade for money, you trade for freedom.
Both the Qs and SPY are at -1 ATR on the weekly, -3 on the daily. This dip can end anytime it wants.
Random but does anyone have a good CPA or financial advisor in the DFW area? Hitting eject on my CPA as he screwed up some CA income tax stuff for me (I found the error after his army of worker bees couldn't). If I have to dig into my return to find the F up, time to find a new CPA.
Today ranks as probably the ****iest Monday that I can remember. The market decided to swan dive off a cliff during low tide AND my mother and I tested positive for Covid. I had a huge football cookout party day planned for Saturday that I had to cancel today. Today f'ing sucked, I need a beer.
AG 2000' said:
Random but does anyone have a good CPA or financial advisor in the DFW area? Hitting eject on my CPA as he screwed up some CA income tax stuff for me (I found the error after his army of worker bees couldn't). If I have to dig into my return to find the F up, time to find a new CPA.
My uncleis cpa out of Frisco. I use him (obviously). And gets great reviews
https://hockadaycpa.com/
Ouch! Praying you both heal well.ProgN said:
Today ranks as probably the ****iest Monday that I can remember. The market decided to swan dive off a cliff during low tide AND my mother and I tested positive for Covid. I had a huge football cookout party day planned for Saturday that I had to cancel today. Today f'ing sucked, I need a beer.
Thanks bud
Praying for you buddy. Hang in thereProgN said:
Today ranks as probably the ****iest Monday that I can remember. The market decided to swan dive off a cliff during low tide AND my mother and I tested positive for Covid. I had a huge football cookout party day planned for Saturday that I had to cancel today. Today f'ing sucked, I need a beer.
NIO trending the wrong way… haven't seen sub-30 since a year ago
Get well quick bro. Sorry to hear this.
Beer and Goodys orange flavored powder fixes anything.
Beer and Goodys orange flavored powder fixes anything.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Welp, since football sux I'm paying the Texags subscription for the stonks forum. I need to make $13 this month men….keep up with the nuggets please.
Take two months off, take the $26 and buy 8 more shares of WWR. If all goes to plan, sell those 8 shares for $160 in time for recruiting crunch time and you've almost paid for the entire year.
Can someone take a look at possibly chart CVS? Looks it could be breaking out of its long channel but I can't tell which way it might trend.
Also, if you're a degenerate like me always looking for the next big play…..and you can't afford the assignment of buying outs on AMZN, one may consider buying puts or spreads on AFRM. This company is basically linked at the hip to AMZN, and when AMZN takes a big tumble in the coming days/weeks, I'm guessing AFRM will fill those big gaps below.
Anyway….I don't have the time to trade options much this month, so I likely won't be doing any of the above but just trying to throw some ideas out there….
Also, if you're a degenerate like me always looking for the next big play…..and you can't afford the assignment of buying outs on AMZN, one may consider buying puts or spreads on AFRM. This company is basically linked at the hip to AMZN, and when AMZN takes a big tumble in the coming days/weeks, I'm guessing AFRM will fill those big gaps below.
Anyway….I don't have the time to trade options much this month, so I likely won't be doing any of the above but just trying to throw some ideas out there….
Sorry to hear Prog. I hope you recover quickly and feel better soon.
You don’t trade for money, you trade for freedom.
If you made me guess right now, I'd say it follows the macro market current trend lower and takes out the lower gap formed on May 5 at $78.22, with possible continuation to $77.35 which forms a perfect leading diagonal back upward toward $93 by the end of year / beginning of next year.BaylorSpineGuy said:
Can someone take a look at possibly chart CVS? Looks it could be breaking out of its long channel but I can't tell which way it might trend.
Also, if you're a degenerate like me always looking for the next big play…..and you can't afford the assignment of buying outs on AMZN, one may consider buying puts or spreads on AFRM. This company is basically linked at the hip to AMZN, and when AMZN takes a big tumble in the coming days/weeks, I'm guessing AFRM will fill those big gaps below.
Anyway….I don't have the time to trade options much this month, so I likely won't be doing any of the above but just trying to throw some ideas out there….
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https://www.cnbc.com/2021/10/05/china-property-default-risk-for-fantasia-sinic-amid-evergrande-crisis.html
Contagion is spreading after another large developer in China missed a bond payment.
Contagion is spreading after another large developer in China missed a bond payment.
no sh*t, sherlockQuote:
In a report released before the company's filing on Monday night, Fitch highlighted the existence of a private bond that was not disclosed in the firm's financial reports, and said Fantasia had made a late payment of $100 million due on this bond.
"We believe the existence of these bonds means that the company's liquidity situation could be tighter than we previously expected. The late payment also raises doubts about the company's ability to repay its maturities on a timely basis," Fitch wrote.
"Furthermore, this incident casts doubt on the transparency of the company's financial disclosures," it added.
U.S. faces recession if Congress doesn't address debt limit within 2 weeks, Yellen says
https://www.cnbc.com/2021/10/05/debt-ceiling-us-faces-recession-if-congress-doesnt-act.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Raising taxes guarantees a recession, with or without the debt ceiling being raised.
https://www.cnbc.com/2021/10/05/debt-ceiling-us-faces-recession-if-congress-doesnt-act.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Raising taxes guarantees a recession, with or without the debt ceiling being raised.
$ANVS (+15.3% pre) Annovis Bio (ANVS) Ticks Higher on Unconfirmed Report Claiming to Have Exclusive Drug Data - SIhttps://t.co/HOzSqjAB5i
— Open Outcrier (@OpenOutcrier) October 5, 2021
SAVA might see a sympathy run up today due to this news. These AD stocks have moved together.
BenRev09 said:
SKLZ flashing under 9
ARK sold about 1m shares of SKLZ eo Sept. Hopefully no more selling.
https://www.streetinsider.com/dr/news.php?id=19003479
Then pass a clean bill to raise it.ProgN said:
U.S. faces recession if Congress doesn't address debt limit within 2 weeks, Yellen says
https://www.cnbc.com/2021/10/05/debt-ceiling-us-faces-recession-if-congress-doesnt-act.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Raising taxes guarantees a recession, with or without the debt ceiling being raised.
But we all know Pelosi and Schumer are trying to use it as an excuse for another 3.5 trillion in spending.
REI trying to get it all at once.
REI through a June 2019 resistance level at 3.94.
Next resistance at 6.
Next resistance at 6.
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