*TRADERS SEE 100BPS OF FED HIKES BY SEPTEMBER VS NOVEMBER PREV.
— *Walter Bloomberg (@DeItaone) January 28, 2022
BrokeAssAggie said:
Looking red*TRADERS SEE 100BPS OF FED HIKES BY SEPTEMBER VS NOVEMBER PREV.
— *Walter Bloomberg (@DeItaone) January 28, 2022
McInnis 03 said:
London sold hard
ProgN said:McInnis 03 said:
London sold hard
Not too many people want to have too much risk on over the weekend with Ukraine tensions escalating.
We probably have a weak close too.
$30,000 Millionaire said:
4270 is the key level. Has to hold.
YepMcInnis 03 said:
PCE bounce. Probably a first move fade coming.
FED'S KASHKARI: WE NEED TO BRING THE ECONOMY BACK INTO BALANCE BY RAISING INTEREST RATES A LITTLE BIT: NPR NEWS INTERVIEW
— *Walter Bloomberg (@DeItaone) January 28, 2022
FED'S KASHKARI: WE DON'T KNOW HOW MANY INTEREST RATE HIKES IT WILL TAKE
Think you mean 45mins...BrokeAssAggie said:
Already big moves and we still have 15 minutes to open
Irish 2.0 said:Think you mean 45mins...BrokeAssAggie said:
Already big moves and we still have 15 minutes to open
$30,000 Millionaire said:
4270 is the key level. Has to hold.
Textbook trap for #ES_F following AAPL earnings with bounce then drop, but since Mon ES stuck on repeat, making the trip between 4280 and 4420 *4x*. Coiling for massive move
— Adam Mancini (@AdamMancini4) January 28, 2022
Plan today: 4280 support, 4320 now res. Could chop more, but unless 4320 clears, 4220 then 4160 in play https://t.co/kLO1KkGz1F
jj9000 said:
Look at the 5 and 15 min candles at 7:30 on the Russell. Grab your seatbelts.
planoaggie123 said:
Will be interesting....Q1 and Q2 could drop for a lot of companies when refunds are lower due to child credit prepayments in 2021 and people going "oh crap, I usually get $4K but now owe $500" and having to stop that "free spending"....might see people drop subscriptions, etc.
Wow. It looked like it had.. then reversed hard.mazag08 said:Broke the trendlineJP_Losman said:
Classic AAPL.
Boom there she goes
ProgN said:McInnis 03 said:
London sold hard
Not too many people want to have too much risk on over the weekend with Ukraine tensions escalating.
We probably have a weak close too.
Dan Scott said:
Woke up DOW down 400. Took a shower and now we down 100
There's still free money programs happening, but it's more State specific. Hard to hear about if you're not living there. A good example, I can be in the state of MN faster than a round trip from College Station to Snook and I had not heard about this program in MN until a contact in MN sent it to me. I heard MI has a program too, but haven't verified.LMCane said:planoaggie123 said:
Will be interesting....Q1 and Q2 could drop for a lot of companies when refunds are lower due to child credit prepayments in 2021 and people going "oh crap, I usually get $4K but now owe $500" and having to stop that "free spending"....might see people drop subscriptions, etc.
great point.
also, no more free bennies for "rent free holiday" and no more direct payments for extended unemployment/taxpayer debt covid payments
my guess is all the millenials were shoving that "free" money into crypto and stocks while not paying back their college loans (still in deferral!) and not paying rent.
Did well with this last year... but right now my account is in trouble with the steep decline right now.$30,000 Millionaire said:
folks, something I've been thinking about doing to help some of you is funding a $50K account and making trades against it that are maybe a bit easier to be in with less risk. In the spirit of that, I've decided to do it. You are free to participate if you want or just follow along, but I will post all the results here.
First trade:
sell Feb 4 COIN 167.5 put for $9.90
Rationale: I'm willing to own COIN at these levels. BTC is near support and they have earnings on 2/8, so it would not be unreasonable to get a rally. In the event I am assigned, premium tends to be good and I should be able to get out break even eventually through selling premium. Everyone hates it right now too.
