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24,038,906 Views | 231645 Replies | Last: 22 min ago by ProgN
BrokeAssAggie
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TSLA headquarters moving to Austin

https://www.cnbc.com/2021/10/07/tesla-moves-its-headquarters-from-california-to-texas.html
ProgN
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CrazyRichAggie said:

TSLA headquarters moving to Austin

https://www.cnbc.com/2021/10/07/tesla-moves-its-headquarters-from-california-to-texas.html
No surprise, Musk went off on their Covid bs restrictions.
GreasenUSA
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AG
Didn't someone post in this thread a week or two ago that the gigafactory in Austin was suspending/shutting down? Seems like they may need to ramp up.
ProgN
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GreasenUSA said:

Didn't someone post in this thread a week or two ago that the gigafactory in Austin was suspending/shutting down? Seems like they may need to ramp up.
He's in the process of doubling the size of SpaceX in McGregor right now.
McInnis 03
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AG
CrazyRichAggie said:

TSLA headquarters moving to Austin

https://www.cnbc.com/2021/10/07/tesla-moves-its-headquarters-from-california-to-texas.html


As long as they don't California my Texas.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
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R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
Charismatic Megafauna
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AG
Slappy007 said:

SNDL with an acquisition. Looks good at first glance.

https://finance.yahoo.com/news/sundial-growers-acquire-alcanna-inc-220000676.html

Crazytown. Every other stock dips when it makes an acquisition, weed stonks go up. Maybe i can go net free on my .5 jan 2023 leaps at open
FJ43
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McInnis 03 said:

CrazyRichAggie said:

TSLA headquarters moving to Austin

https://www.cnbc.com/2021/10/07/tesla-moves-its-headquarters-from-california-to-texas.html


As long as they don't California my Texas.

Good luck with that. Austin is Eastern California already.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

FJ43
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Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

wanderer
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NRD09 said:

Maybe i can go net free on my .5 jan 2023 leaps at open

I'd love to join you, but I wouldn't expect those calls to be much higher than ~.46-.47 tomorrow morning (up from .33)
Charismatic Megafauna
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AG
Nothing wrong with selling 2/3
Spoony Love
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AG
I've been watching $X all week and see the call lotto as a good option first thing in the morning. It mirrors $NUE but cheaper. I'm in a $105C 10/8 for NUE. I should be able to turn it green in the morning. It's been in a wedge from Its earlier run in the year and the trend lines I see converge next Friday at around $100, approximately. I'm hoping it breaks out early next week.

I wish I could post the image a little better to see if y'all agree with it but I'm mobile right now.
tam2002
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AG
What happened to ELOX AH?
$30,000 Millionaire
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I missed a good day today. Will be out of pocket most of next week
You don’t trade for money, you trade for freedom.
mazag08
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FJ43 said:




XOM with some juicy looking lower gaps.

Then again, UBER has been staring at a significant sized lower gap for months and doesn't seem to ever want to get it.
Philip J Fry
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AG

H-town ag
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tam2002 said:

What happened to ELOX AH?
They announced an investor call next Tuesday ...

https://investors.eloxxpharma.com/news-releases/news-release-details/eloxx-pharmaceuticals-host-investor-and-analyst-call-and-webcast


"Eloxx Pharmaceuticals, Inc. (Nasdaq: ELOX), today announced that it will host anInvestor and Analyst call and webcast on Tuesday, October 12, 2021. The event will include an update on the company's cystic fibrosis programs and will feature Dr. Eitan Kerem, a globally renowned CF expert. The event is intended to provide insight into Eloxx' CF programs, as data from the ongoing Phase 2 trials in CF are expected in the fourth quarter of 2021."

Maybe there is disappointment that the data / report is not coming sooner.
TMOOSE
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ESF up - looking like a green Friday?
RenoAg
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Typically companies set up these calls including some sort of expert to announce bad news, right?
H-town ag
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AG
RenoAg said:

Typically companies set up these calls including some sort of expert to announce bad news, right?



That's my feeling. Praying not so.
$30,000 Millionaire
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AG
TMOOSE said:

ESF up - looking like a green Friday?


Probably. Look for it to clear 4400


You don’t trade for money, you trade for freedom.
BlueTaze
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gig em 02 said:

Did t Zack say he got stopped out around 2.50?

2.70
https://twitter.com/MrZackMorris/status/1445710326129840129?t=-tk0Fb-Hzec9C68rGnISYw&s=19
Philip J Fry
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AG
So the 1 month SAVA is showing a clear cup and handle. Are we about to go to the moon?
Charismatic Megafauna
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AG
Philip J Fry said:

So the 1 month SAVA is showing a clear cup and handle. Are we about to go to the moon?

Who was it that had hypothesized an indicator for meme stonks mooning? Lemme see if i can find it
Charismatic Megafauna
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Tomas Hermensa said:

Some chart porn for you. Yes I know these meme stocks haven't followed TA much, but above and beyond the great price action I see several things I like today.

First this move up was so fast that it blew past the 5-day and 50-day MAs today and touched the 20-day SMA.



Moving averages haven't held much support or resistance for AMC, but it's nice not to have to cross these potential resistance points again. Also note how the previous 9 days the lower end of the daily price honored that lower 2-sigma boiler band? Trading psychology and TA still are somewhat relevant for AMC.

The next thing to point out was the decent volume today on a green day. In fact the DMA + (green line on the bottom plot in the chart below) jumped up quite a bit. Notice how before both of the big previous moves for AMC the DMA+ crossed over the DMA- (the red line) and also the ADX and ADXR were making upward moves. The higher the ADX and ADRX go the more likely the price movement indicates a trend and the less likely it's simple chop. All of these things happened PRIOR TO both of the previous moves, so maybe we get a DMA+ push and then are ready for another launch? Speculative at this point but fun to consider. If that DMA+ goes above the red line and the ADX and ADXR continue moving up, I'll probably double my shares or buy calls a month out (if premiums aren't too juiced).




The last thing I like to see is on this 15-minute chart you can see the consistent march up today, only pausing twice for some flagging.



Notice that volume nearing the close. This thing wasn't running out of energy after such a huge price move - it was gaining it. No guarantees obviously, this is about as risky as you can get this side of pennies, but I'm stoked after today and can't wait to see what happens over the next 1.5 weeks!

I guess it was this one. I understand some of these words! Maybe after coffee...
tam2002
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AG
ELOX up good pre market
ProgN
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I'm not in it but CEI is like dancing with a rattlesnake.
gig em 02
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ProgN said:

I'm not in it but CEI is like dancing with a rattlesnake.


All these memes are, anyone that bought at $1 is crazy because most of the time they just continue their descent
Dr. Not Yet Dr. Ag
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My 1500 shares of CCXI at a $13 basis are doing quite well this morning. Thank you FDA for being the rubber stamp I knew you would be.
No material on this site is intended to be a substitute for professional medical advice, diagnosis or treatment. See full Medical Disclaimer.
ProgN
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Dr. Not Yet Dr. Ag said:

My 1500 shares of CCXI at a $13 basis are doing quite well this morning. Thank you FDA for being the rubber stamp I knew you would be.
Happy Friday to you sir!
Bob Knights Paper Hands
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Lol. That AMC move peaked right at the end of that chart. Never continued and spiked again in July.
austinAG90
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AG
We have been doing this a long time.... And our observations are that many times we have seen rates rise to the brink of a breakout to higher yields right before the employment number... It usually plays out where something happens to disappoint the bears/hawks and treasuries rally back into the range.. As much as we are a bear on treasuries and still think 1.25 5 years and 1.95 10 years, we are not sure that this is the time... Nonetheless, this is where we are... Four times last night 10 years tried to break above 1.60 yield and they could not do it... The high yield according to the BB GIY overnight chart was 1.5995... 5 years hit a new high that we have not seen pre-pandemic, February 2020... The front end, even the 10 year, are all showing that they could break a head and shoulders. The 10 year is close to completing the right shoulder of an inverted head and shoulders pattern. The neckline is at 1.70.. We will see..

The whisper number for employment is higher, but the scenarios are important...

Scenario 1... Number is at the high end of the range...BB Intelligence is at the high of 750,000...MS is 700,000...GS at 600,000... We think the bar for the Fed to taper is much lower so any number above 400,000 will cause Powell to start tapering in November... 10 years break 1.60 but buying comes in... Equities will crack if the 10 year exceeds 1.70, so rates will be tempered...

Scenario 2... Number is less than 500,000... Less than 400,000, but BB economics say the Fed danger zone is 238,000... How they got that precise number is uncertain... But it makes sense... So above 300,000 but below 500,000 will raise a yellow flag for the Fed, but they will still taper... 10 years hold 1.60, and may rally back to 1.52, but supply is looming Tuesday and bonds are closed on Monday.

Scenario 3...Oh Oh... Number is low... Say under 200,000... Maybe even negative.. Fed starts to rethink their tapering... But the good thing is the Fed can mumble through their next meeting waiting a few days for the October number to come out... They still taper, but may wait until the middle of November but tapering is coming... Tapering is currently a waste of resources and the Fed has to do it now or their window will close in 2022... Rates rally but again run into selling...

Rates...we are still a bear regardless of the number today... 5 years are going to 1.31 and 10 years will exceed 2%... Inflation is still out of control, and even those that still cling to transitory should see the latest Manheim numbers where used car prices are up 5.3% month over month and the used vehicle index is up 27.1% from a year ago... Add in housing and rental inflation, and ridiculous supply chain issues ,and you see where current treasury yields make no sense... There was a BB story yesterday saying that wealthy individuals have exited both treasuries and munis, due to the negative real returns... And we have started to see exit outflows from Funds... Expect that to accelerate... Question is at what level will equities start to get concerned.

New issues...still solid demand but cracks are starting to show.. Yesterday about 8 billion was priced bringing the week to date above the initial expectation, 27 versus 20 expected. Issuers seemed to forfeit pricing leverage, paying more than 8 basis in concessions to outstanding deals... Most have been priced through outstanding issues...Junk came with 6 issuers raising 2.7 billion...

Lots more we could talk about, but the key number is only 30 minutes away.. Fade the first move, but go with the second move around 9.15... See what stocks do... Higher rates are coming, but it could be held off until the real tapering starts, and then it will be ugly
Bob Knights Paper Hands
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I have one each of TSLA 790/800/810 and 795/800/805 left for today. Other than that I'm just sitting around waiting for SAVA and WWR to get to $120 and $30. Or vice versa.
Bob Knights Paper Hands
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Dr. Not Yet Dr. Ag said:

My 1500 shares of CCXI at a $13 basis are doing quite well this morning. Thank you FDA for being the rubber stamp I knew you would be.

Is this going back to $70?
FJ43
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Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Michael Cera Palin
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AG
Philip J Fry said:




This has been like me waiting for the first real cold front of the year to hit Texas. It hits September and I start checking the weather consistently only to be disappointed for 2 months.
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