We're all bulls again???

HARKER SAYS FED COULD DO 50 BP RATE INCREASE BUT HE IS A LITTLE LESS CONVINCED OF THAT RIGHT NOW

— *Walter Bloomberg (@DeItaone) February 1, 2022

HARKER SAYS FED WILL STOP TAPERING IN MARCH

— *Walter Bloomberg (@DeItaone) February 1, 2022

Thanks buddy, I'll go ahead and add some more before open
Edit:actually maybe a better strategy is to buy a bunch of the spinoff after it happens, treat it like an ipo

We could make a move either way today. Should be fun

I mostly post stuff so you all can see my ignorance. I don't trade much during the day... mostly look for weekly or places to enter oversold under lying's to try and catch the bounce.

4500 could be a brick wall today.

Still feels like they want to flush past the lows of last month before reloading long (front running retail).

My long term retirement accounts still look like a bloodbath.

Looks like UPS knocked it out of the park on earnings.

AMC moving pre market. Going to keep a close eye to enter some calls for another move up.

Saltyag15 said:

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Another big tech earnings day today. GOOG, PYPL, and AMD are up. All AH I believe.

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Man so tech is probably going to fly today then take a beating tomorrow after they offer tempered guidance. I'm thinking buy weekly puts on the qs around lunchtime

Charismatic Megafauna said:

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Thanks buddy, I'll go ahead and add some more before open
Edit:actually maybe a better strategy is to buy a bunch of the spinoff after it happens, treat it like an ipo

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That could very well be. Likely more successful to buy T at that time versus the WB/D. I don't trade T, it's a major holding in div portfolio. I'm not changing my position because I want the WB/D shares. A "Record Date" was not given for the T shareholders of date to receive the WB/D shares. I'm looking for a bidding competition for WB/D or a growing streaming company, either way I like what I see. As for T, it's solid as a rock and I'll sit back and relax and watch the up & down gyrations happen. The speculators expecting a SplitOff got their backsides handed to them this morning. AT&T Stankey/CEO really surprised me this morn with the announcement. Not that it was a surprise about the SpinOff, just the announcement overall. (To me, he had no choice but a SpinOff as a SplitOut would have stemmed class action lawsuits) Stankey might surprise me even more if the deal is finalized in March. Stankey pretty much just negated the chance for another $0.52 dividend by the announcement this morn. Historically speaking, AT&T announces Div amount for 2Q during the last week of March. I thought we would likely receive one more $0.52 Div. I was wondering how he would handle this scenario and keep the company forward progress going. I give him a good grade for this move...and he still has optionality as to how it could be paid, either $0.52 or $0.27..

My bull plays: NET if it reclaims and holds $100, TSLA if it reclaims and holds $932, AMD if it reclaims and holds $115.50, AAPL if it reclaims and holds $175. My gut wants me to play T $24 weeklies, but I think I'm going to sit this one out.

don't want to long here, don't want to short here. need trend to present.

I can't imagine the stress of that.

yesterday was also not the day for 45 trades

going AMC 2/4 20 calls.. small lotto size. 0.40 cents

I think it's fair to say that NUE has reversed it's trend. I think the bottom for it was around $90 on 1/24. It has increased everyday since. Price target was raised to $108 but I think it will get back in its rising channel around $113-114 over the next few weeks

Where's NVDA going?

very limited in my setup (one laptop). Apple has sold off $3. QQQ rejecting. We could get our dip.

$30,000 Millionaire said:

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very limited in my setup (one laptop). Apple has sold off $3. QQQ rejecting. We could get our dip.

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I agree. This is either a decent sized dip or a big RTG day. I'm leaning towards dip. My downside plays: NVDA if it breaks below $240.5, TSLA (really could be now) if I feel confident this is a macro dip and not a FH fakeout, AMD if it gets below $112.55.

we are only 17 minutes in, but right now, I'm in "do not long" mode.

Keeping an eye on NVDA. Would like to use a little profits on some NVDA 2/18 250C

if we establish below 4490, you have to consider shorts.

This is a really bad start for a really important day for bull thesis. Of course if I were able to control markets and wanted to get a lot of liquidity for me to buy, I'd have a bad first hour to see if I could get some bulls to capitulate.

$362.23 major pivot for Qs. right up against it now. If we don't break it by 9 central I think we shoot down.

still holding 4500 which is important for bulls. pressure down, though. i am not shorting yet.

going to try small feb 2 448P at 2.50.

Stop -20%

If we get a solid green day today, I believe we'll get VIX under $22, just like we did 12/7. I may have gone overboard on $0.01 VIX220202P $21 and $22, so I'm wishing in one hand right now.

SPY?

Bob Knights Liver said:

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This is a really bad start for a really important day for bull thesis. Of course if I were able to control markets and wanted to get a lot of liquidity for me to buy, I'd have a bad first hour to see if I could get some bulls to capitulate.

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Could just be some auction repair....

Could be a triple distribution day to fix that zone down there pic.twitter.com/DdTOxca4F4

— BitScalp 🦀 (@BitScalp) February 1, 2022

getting in uber. whatever happens happens.

Bob Knights Liver said:

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SPY?

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yes

BrokeAssAggie said:

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$362.23 major pivot for Qs. right up against it now. If we don't break it by 9 central I think we shoot down.

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here we go..

$30,000 Millionaire said:

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getting in uber. whatever happens happens.

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If you die, you die?