QQQ bearish megaphone... (or at least this pattern usually is bearish), who knows in this market.
That's very interesting. I wonder if it has anything to do with the vaccine mandate.BaylorSpineGuy said:
Hot off the presses….
I saw someone today who works at Lockheed. He says their union started passing out flyers today for their workers to prepare to go on strike in the Spring.
Is this knowledge something that can be applied to profit? Looks like their stock is already in a downward trend.
Thoughts?
So they're planning a strike 6-months out? Seems fishy.BaylorSpineGuy said:
Hot off the presses….
I saw someone today who works at Lockheed. He says their union started passing out flyers today for their workers to prepare to go on strike in the Spring.
Is this knowledge something that can be applied to profit? Looks like their stock is already in a downward trend.
Thoughts?
*WORKERS AT ALL OF KELLOGG'S U.S. CEREAL PLANTS GO ON STRIKE: AP$K
— *Walter Bloomberg (@DeItaone) October 5, 2021
BullSprig07 said:
The average twitter dolt following Zack wants him to literally spell out exactly when to buy and sell and they don't understand scaling in and scaling out.
My cost basis on the CEI I have left is $.42 and I took profits on the way up. Anyone holding a bag of $4 $CEI it's their own fault and hopefully they learn a lesson if nothing else.
BaylorSpineGuy said:
It also raises the question of whether it's already "priced in".
LMT is down significantly from its earlier year highs. Patient just told me that sounds like the union is getting ready for some negotiations with LMT and that things would likely be settling out in early '22. No idea when their contract is due for extension or whatever.
odds favor it, but who knows in this market. a downward megaphone is bearish and megaphones in general mean uncertainty. You have bulls buying the dips hard and bears shorting the heck out of the rips. I'm kind of paraphrasing from what I read earlier today on it.TMOOSE said:
Red tomorrow you say?
Peter Klaven said:
What's our thoughts on a buy/write on CEI? If I can buy the underlying at $1.25 or so and sell a 10/15 $2C for around $.25 that seems like a pretty low risk trade? I have the daily model T at $2.59 so a bounce back certainly isn't out of the question.
And if that fails then I assume come 10/18 I'll still have a stock with pretty high IV that I can fetch good premium on and further decrease my cost basis.
Any thoughts?
Pro tip: If you are considering taking stock tips by a 'Saved by the Bell' character on an app called 'Twitter' immediately close your computer and throw it out the window.
— Arun S. Chopra CFA CMT🧐 (@FusionptCapital) October 5, 2021
DubFalls said:Pro tip: If you are considering taking stock tips by a 'Saved by the Bell' character on an app called 'Twitter' immediately close your computer and throw it out the window.
— Arun S. Chopra CFA CMT🧐 (@FusionptCapital) October 5, 2021
$CEI We’re going back over $5 don’t worry.
— Zack Morris (@MrZackMorris) October 4, 2021
$CEI $10+ https://t.co/prI1EDwi0R
— Zack Morris (@MrZackMorris) October 5, 2021
I think we chop more this week but no I think the overall direction is down til we approach that 4237 area as the next gold dashed line below where we are. I've thought from the moment we broke below 4360 that was where we were headed. Until we spend a couple of days above the current level I think that has to be seen as resistance.TMOOSE said:
Loyal - thanks for your work as always.
You mentioned bullish (2nd to last post) - then you discussed headed back to support. Do you think we go up this week? The small pull back at the end of the day is usually healthy, right? Learning.. Thanks!