What this action is continuing to show is that the market will not put up with the rate hikes they're suggesting. Also, Bullard should be taken out back and have his ass beat.
almost time to hide yo kids! under 4490, no buyers hereBREwmaster said:
need to bounce hard off 4490
Charismatic Megafauna said:Charismatic Megafauna said:
Grabbed some weekly vxx 20c for .24
Dumped half at open for .46 and the rest a few minutes later for .4 when i saw green spy candles and started hearing "bulls on parade" in the back of my head
Edit: hell i may buy them back
Fed should announce a surprise return to the gold standard. Will fix the inflation problem in 15 minutes
— zerohedge (@zerohedge) February 10, 2022
$2B TO SELL
— JE$US (@WallStJesus) February 10, 2022
January 20th SPY rallied to 458 and ended the day at 446.75. The next day opened at 445 and closed at 438 the 200EMA. The RSI was already oversold territoryDan Scott said:
Kinda feel like 2 weeks ago. It was a Thursday where the market again rejected SPY 458 after gapping down and rallying. We broke down below 450. Friday was a down day, and then we remember what happened the following Monday,
They were 2/18 50p, and look where that crap turned on the dump......ProgN said:
I the McInnis posted earlier that someone bought a large number of puts BEFORE the tweet.
AgEng06 said:
I won't be adding more, but I appreciate that you are.
Whispers Of An Emergency Fed Rate Hike As Soon As Tomorrow
— The_Real_Fly (@The_Real_Fly) February 10, 2022
McInnis 03 said:
if this happens any long psoition is ****EDWhispers Of An Emergency Fed Rate Hike As Soon As Tomorrow
— The_Real_Fly (@The_Real_Fly) February 10, 2022
McInnis 03 said:
if this happens any long psoition is ****EDWhispers Of An Emergency Fed Rate Hike As Soon As Tomorrow
— The_Real_Fly (@The_Real_Fly) February 10, 2022
Not gonna happenMcInnis 03 said:
if this happens any long psoition is ****EDWhispers Of An Emergency Fed Rate Hike As Soon As Tomorrow
— The_Real_Fly (@The_Real_Fly) February 10, 2022
I think all eyes on TSLA, cracks under 900 and that may open the flood gatesDan Scott said:January 20th SPY rallied to 458 and ended the day at 446.75. The next day opened at 445 and closed at 438 the 200EMA. The RSI was already oversold territoryDan Scott said:
Kinda feel like 2 weeks ago. It was a Thursday where the market again rejected SPY 458 after gapping down and rallying. We broke down below 450. Friday was a down day, and then we remember what happened the following Monday,
Today, SPY rallies to 458 and breaks down. The 200EMA is at 440. The RSI is 46 which is almost neutral. After hard rejection of the 50 and breaking below the 8 and 20, it's possible we test the 200.
I didn't have time to trade today, and I'm glad I didn't.$30,000 Millionaire said:
I missed the initial move, but I am careful during the IB period.
Now, SPX is clearly bull flagging, but I think they're going to rug pull at some point. Trade your own plan, but I'm not convinced this is a mega rally starting (yet). Need to see big tech move IMO.
Quote:
Watching Cassava Sciences Shares; Traders Circulate Jones Research Note Reiterating Buy Rating, $215 Price Target
12:07 pm ET February 10, 2022 (Benzinga)
Latest Ratings for SAVA DateFirmActionFromTo
Jan 2022B. Riley SecuritiesMaintainsBuy Jul 2021HC Wainwright & Co.MaintainsBuy Jun 2021B. Riley SecuritiesMaintainsBuy
That's cool, we've already blamed the selloff on your absence.$30,000 Millionaire said:
the fed is not going to do an emergency rate hike. That's ridiculous. One month will have zero bearing.
Quote:
Watching Cassava Sciences Shares; Traders Circulate Jones Research Note Reiterating Buy Rating, $215 Price Target
Part of me is a little leery, but the other part is licking my chops because I missed the bottom before the earnings rocket. I wouldn't mind owning a couple shares of GOOG for a long term hold.Dan Scott said:
Something is not right with GOOGL. Gave up all post earnings gains.
it is the opportunity of a lifetime. They've just begun to invest in cloud. YoutubeTV is still in its infancy of profitability. You can't find a company on the planet making more money with those two sectors still subject to insane growth.Dan Scott said:
Something is not right with GOOGL. Gave up all post earnings gains.
MSFT, AMZN, AAPL all still trading at least 5% higher after earnings.
The fed has the potential to do anything while the media will start to hyper focus on the truckers. Slip it by superbowl week while no one notices.$30,000 Millionaire said:
the fed is not going to do an emergency rate hike. That's ridiculous. One month will have zero bearing.
BaylorSpineGuy said:
You bulls have been swing your meat sticks for a couple weeks making us bears to feel left out.
Newsflash: inflation has never been addressed successfully without a real turn back in the economy/market.
The Fed is screwed. If they bump rates, we won't be able to afford our debt. If they leave inflation unchecked, we will be at 15-20% inflation, and this country and the world over will feel the burn.
I have no idea how the thing shakes out….but I'm guessing a turn back in the economy is coming. I'm not buying any dips right now. I'm short on pullbacks and on the sidelines on bear flags until the chart/trend shows otherwise.