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24,642,639 Views | 233293 Replies | Last: 3 hrs ago by Heineken-Ashi
flyingaggie12
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AG
Did you get in on BARK?
Touchless
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VLO up against some strong resistance on the 2 year daily. Pushes through and it could run. Conversely, could be a spot for a March $75P for around $1.75. Not a lot of volume, but decent open interest compared to other weeklys or regulars.



cageybee77
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Talon2DSO said:

Anyone jumping on NVDA, AMD, or AMZN? I'm still snake bit from losses last week
in AMD. Currently up 2.3% since I bought in. Also in KNDI, up 8.81% so far

stopped out of BTCS after 9.8% gain.
FTAG 2000
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flyingaggie12 said:

Did you get in on BARK?

Was in and out, quick trade, stopped out.

I entered when it broke the ORH at 4.73, set a stop at 4.73, it ran up to 4.78, then came back down to 4.73.

Nothing gained, nothing lost.

Diggity
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denied said:

If anyone wants a long position, Philips (PHG) might be for you. Price is down ~15% on the morning and over 50% from its 52 week high.
why the huge drops?
Talon2DSO
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Exited SPY 470c
Charismatic Megafauna
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ATER seems to be riding support, bbs tightening. I suppose the bottom could fall out again but seems like a good shares play
Everybody loves a dirt road
FTAG 2000
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All the macros look bad on the five minute.
Spoony Love
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I exited a $470C overnight hold this morning on the open push. I think we will both look back and wish we would have held it. I'm thinking it closes around $473 and I may test it with a lotto today.
Irish 2.0
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AG 2000' said:

All the macros look bad on the five minute.
This is why I always say don't go long in the first hour. You can trade the first hour, but going short or long can kill ya
Of course it was for that. In what universe did you think it was okay to post a naked man spreading open his butt cheeks on our platform?
-Moderator
ProgN
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Philip J Fry said:

And with that, I'm fully exiting WHD. Hit my profit target. On to the next candidate.

I have to say, this taking profit idea is way more fun than watching unrealized gains go back to zero.
Good job. Try to hit just for singles on your next 10 trades and see how you feel about your account.
Talon2DSO
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I think if it holds here above 170, it would. I'm going to wait and see which way it goes.
FTAG 2000
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I will say the other high level tip is you have to be an ******* about protecting your capital. Cut losses quickly if they don't work out. Don't try to rationalize why it will come back.

Get out before the down elevator button gets pressed.
Spoony Love
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I went in as it looked like it was going to hit $470 for a lotto at .41.
OutlawAG04
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Took the 1/21 475 spy calls at $1.91 for a bounce
denied
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The reduced their Q4 sales outlook overnite (Dutch company) caused the drop this morning. But I would say what started it is a product recall from June 14 of last year then got hit again when they updated the recall notification in November (didn't make the recall any worse). People have just been slamming them, but most of you understand markets a lot better than I do.

PHG is a major international company on the Euro Stoxx 50, has a P/E close to 7, an EPS of 4.68, and a yield of close to 3%, and a beta <1. I bought in before the dip in June (bought the dividend) with the thought that if the price fell it is a good long position because it is a company that isn't going anywhere.
M4 Benelli
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Cheers mate, I dove in. Looks like a recall and supply chain issues boning them. Good P/E and Dutch ran, in for 250 commons.
Brewmaster
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OutlawAG04 said:

Took the 1/21 475 spy calls at $1.91 for a bounce
same here, just went closer to the money, LFG!

LOL, now rug pull, nevermind.
Irish 2.0
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QQQ could test the 5 here. ~383
Of course it was for that. In what universe did you think it was okay to post a naked man spreading open his butt cheeks on our platform?
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Philip J Fry
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And that's when FOMO really hurts. Most of my losses last year were WWR related. I knew it was going to the 2s, but didn't want to sell in the off chance they had a big announcement.

Strategy this year is:

1). Make spreadsheet of invested stocks
2). Determine acceptable risk for each stock
3). Determine expected gains from each stock
4). Exit like a robot when 2 and 3 are met.
OutlawAG04
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BREwmaster said:

OutlawAG04 said:

Took the 1/21 475 spy calls at $1.91 for a bounce
same here, just went closer to the money, LFG!

LOL, now rug pull, nevermind.


That's why I bought some time. I have to get better about taking profit when I hit a 8-10% pop in the first 5 minutes of a trade. Going to stay in this one for a bit.
Talon2DSO
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My SPY alert just went off at 469.60. I bought into the 475c 1/21. Will sell on spikes. Thanks for heads up
Spoony Love
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I'd caution you about leaving a runner. By this time next week we could see a drop during OPEX. If you're happy with the gains, take it.
Spoony Love
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It's really testing the 20EMA right now around $469.50. It's gotta stay above it.
Charlie Conway
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hedge said:

I assumed the market would drop cause of inflation news. Obviously don't listen to me, given how often I'm wrong
lol imagine being so wrong you're even wrong about being right, classic
irish pete ag06
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McInnis 03 said:

Any of y'all subscribe to Drippy's Youtube?
I did, but didn't utilize it appropriately. I feel like it will get back burnered with his discord being created.
McInnis 03
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irish pete ag06 said:

McInnis 03 said:

Any of y'all subscribe to Drippy's Youtube?
I did, but didn't utilize it appropriately. I feel like it will get back burnered with his discord being created.
Was it like a youtube live, or night before prep videos or what?
irish pete ag06
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QQQs trying to bounce off yesterday's resistance and potentially turn it into support. Will see if this is just the beginning of a h pattern or if it's being turned into real support.

Also trend line from yesterday looks intact at the moment...

Talon2DSO
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SPY back into green
irish pete ag06
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McInnis 03 said:

irish pete ag06 said:

McInnis 03 said:

Any of y'all subscribe to Drippy's Youtube?
I did, but didn't utilize it appropriately. I feel like it will get back burnered with his discord being created.
Was it like a youtube live, or night before prep videos or what?

It was mostly access to extra videos that he records daily. I under utilized it so much that I wish I could say more. Haha. It's pretty cheap I think.
McInnis 03
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I see a gap fill.
irish pete ag06
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BAM
TexasAg2017
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Talon2DSO said:

My SPY alert just went off at 469.60. I bought into the 475c 1/21. Will sell on spikes. Thanks for heads up


In and out for a quick 20%
irish pete ag06
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QQQ take out 386.67 and it can have on e more big push methinks
Diggity
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thanks for the background. always appreciated.
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