I mean in theory yea but QQQ would have to drop by more than 33% in a single day and circuit breakers would prevent that, no ?
Out of my 374 calls for 1/28. May look to short for the afternoon if this rounded top doesn't break higher at the 38.2. Nothing wrong with taking profits.OutlawAG04 said:Sitting on the 38.2 right now (slightly under). See if this holdsOutlawAG04 said:
QQQ fighting to get through the 61.8 fib on intraday high/low. Cutting my entry if it can't hold
Irish 2.0 said:LUCKIN COFFEE PLOTS RELISTING IN US TWO YEARS AFTER $300M FRAUD - FT
— *Walter Bloomberg (@DeItaone) January 19, 2022
It is back!!
just a side note here but is that price adjusted for all the splits and reverse splits these levered etfs do?hedge said:
I get that they get smoked but if you hold long term, they go up considerably more than QQQ. A five year comparison of TQQQ Vs QQQ Shows it up more than 5 times qqq since 1/23/17. It seems like a no brainer if your comfortable with that kind of risk.
This is a large part of how Cramer built his wealth, not stock picking.hedge said:
Anybody want Cramers exclusive picks
Work meeting just hosed me... I am now down on what was a lucrative SPY P trade. I had a target set but we didn't get to it.Irish 2.0 said:OPEX is this week. We should start to see the fireworks one way or another on Monday. I'm in Atlanta basically all of next week, so I won't be able to play.Max Stonetrail said:Thank you.Irish 2.0 said:You're welcome...Irish 2.0 said:
Remember, do not buy this gap up. I would not look to get long anything, even for a scalp, unless we can take out yesterday's opening high. 460 SPY and 376.50 QQQ is what I'll be watching and waiting on
I think SPY is going into the 454's. It was there and below overnight.
I think between now and the end of January, if it looks like a bull, it's a bear.
The Covid narrative is crumbling due to fatigue. I imagine it will focus on the federal takeover of elections. The Russian continued buildup is what I'm worried about the most.AG 2000' said:
Biden going to speak and tell us all we're racist and going to die. Just a heads up, more market turbulence potentially coming.
ProgN said:The Covid narrative is crumbling due to fatigue. I imagine it will focus on the federal takeover of elections. The Russian continued buildup is what I'm worried about the most.AG 2000' said:
Biden going to speak and tell us all we're racist and going to die. Just a heads up, more market turbulence potentially coming.
If Russia invades Ukraine with 100K troops and we follow up with delivery of lethal weapons, there is a threat of definite escalation which will more than likely tank the markets hard.Talon2DSO said:ProgN said:The Covid narrative is crumbling due to fatigue. I imagine it will focus on the federal takeover of elections. The Russian continued buildup is what I'm worried about the most.AG 2000' said:
Biden going to speak and tell us all we're racist and going to die. Just a heads up, more market turbulence potentially coming.
Me too. Seems like Brandon is bending over backwards to secure the Russian gas monopoly.
$SPY g/r/g/r/g/r pic.twitter.com/UVNn2HbIwH
— PSK2329 - JHC (@psk2329) January 19, 2022
Biden won't do a damn thing about Ukraine.ProgN said:If Russia invades Ukraine with 100K troops and we follow up with delivery of lethal weapons, there is a threat of definite escalation which will more than likely tank the markets hard.Talon2DSO said:ProgN said:The Covid narrative is crumbling due to fatigue. I imagine it will focus on the federal takeover of elections. The Russian continued buildup is what I'm worried about the most.AG 2000' said:
Biden going to speak and tell us all we're racist and going to die. Just a heads up, more market turbulence potentially coming.
Me too. Seems like Brandon is bending over backwards to secure the Russian gas monopoly.
AG 2000' said:Biden won't do a damn thing about Ukraine.ProgN said:If Russia invades Ukraine with 100K troops and we follow up with delivery of lethal weapons, there is a threat of definite escalation which will more than likely tank the markets hard.Talon2DSO said:ProgN said:The Covid narrative is crumbling due to fatigue. I imagine it will focus on the federal takeover of elections. The Russian continued buildup is what I'm worried about the most.AG 2000' said:
Biden going to speak and tell us all we're racist and going to die. Just a heads up, more market turbulence potentially coming.
Me too. Seems like Brandon is bending over backwards to secure the Russian gas monopoly.
I think this is a good place to start a position. $38 has been S/R over the past year with $35 being significant support below.Engine10 said:
When markets stabilize I'm considering adding ASO. Taken a 20%+ haircut from highs and (anecdotally) should have a great run into the spring/summer season. Want to look more into their recent results to see how they are performing under the hood.
Spoony Love said:
$455 is going down.
FJ better be watching, we may visit $453.50 today.