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Max Stonetrail
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JDTxAg98 said:

Max Stonetrail said:

JDTxAg98 said:

Max Stonetrail said:

Max Stonetrail said:

What is everyone thinking on positioning for tomorrow?

I am torn between nothing and continuing the exuberance by buying calls in all my favorite high beta stocks - AMD, TSLA, NVDA and of course some SPY for good measure. It just feels crazy on a 3.4% move from 410 - 424 in SPY.

I guess we go back to worrying about the Fed...


I ended up with 1 TSLA, NVDA and GOOGL call for tomorrow.

You know, just to keep the morning interesting without worrying about it tonight.

I bought some $425 SPY with 3/4 expiration this morning when pricing was around 412. Up nicely. I've got one hold over for tomorrow.
Not sure if you held on to the SPY C still, but that would be a nice gain!

I will post from yesterday. This isn't really an indicator of my stock picking prowess or lack thereof, as you could have bought pretty much anything yesterday at the close and made money today.

3/4 TSLA 850 C - in $10.95 holding currently at $8.20 (missed the window to sell due to real job)
3/4 NVDA 240 C - in $7.15 out $8.65 + $150
3/4 GOOGL 2710 C in $27.30 out $40.70 + $1,340

I held through first hour this morning and sold. In at $2.90 and out at $10.00 I wasn't trusting a sell off not about to happen so I could have enjoyed another 400 bucks but happy with this profit in crazy market conditions.
Taking a Triple-Plus is never a bad thing!
Irish 2.0
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For anyone that followed me on CROX, I'm out of it for now
JDTxAg98
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AG
Could be that the next resistance on $SPY is a gap fill from back on the 16th/17th @ $446?? On the 15th that was top resistance from what I see.
Diggity
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AG
Funny. Got dragged to an outlet in Orlando and am currently on a bench staring at the line to get into the Crocs store. Was thinking about you guys.
Seven Costanza
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AG
Jet Black said:

I know a few people that are selling their houses even though they don't really want too. The money is to good to pass up.
And then what? Where are they going?
Spoony Love
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AG
Standoff on SPY at 437.5

Literally as I posted this it dropped 1 point. Crazy
Farmer @ Johnsongrass, TX
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China will not invade/take Taiwan this year.
Diggity
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So do you have a source for your original statement or is this anecdotal?
Diggity
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AG
Seven Costanza said:

Jet Black said:

I know a few people that are selling their houses even though they don't really want too. The money is to good to pass up.
And then what? Where are they going?


https://texags.com/forums/50/topics/3274025
Ragoo
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Jet Black said:

I know a few people that are selling their houses even though they don't really want too. The money is to good to pass up.
where are they living?
Engine10
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AG
Oh ****
Brewmaster
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Engine10 said:

Oh ****

Citron is short and hired russian hackers? LOL
tailgatetimer10
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I am struggling to find news on this, anyone got a link other than the twitter account.
Farmer @ Johnsongrass, TX
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$30,000 Millionaire said:

Since we're slowing down a bit, I want to go on record and say that Citadel and Elliott Management is are a bunch of crooks. These jerks unfairly manipulate prices in order to fill their own trades. They can go to hell. I hope they go bankrupt.
FIFY
FTAG 2000
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tailgatetimer10 said:

I am struggling to find news on this, anyone got a link other than the twitter account.
Story at the Telegraph (UK), but behind a paywall.
tailgatetimer10
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Sorry, I also meant from another source other than one paywall'ed
SF2004
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Big money really going to hold long over the weekend?

I have to think they are trapping retail here.
$30,000 Millionaire
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Kind of surprised we're not rolling over here. At resistance, huge move. Profit taking has to start sooner or later.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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AG
50K account:

OK folks - we're going to get assigned on NEM.

I'm going to take the money and run with KO. Out 100 shares at $62.85
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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Quick recap:

  • Will be assigned on NEM
  • Sold KO
  • about $50 on XSP
  • Sold puts on ENVX for March
  • Holding DKNG, LGVN, ESSC, CWH, MTTR, and APA

We aren't using much of this account, so, I think it's OK if we have a drawn down in the market.

You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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I think the market *wants* to go down, but you have these buyers. VIX starting to go up, Ticks making lower highs. If this gives up - watch out. Will be a quick 20 points.
You don’t trade for money, you trade for freedom.
Brewmaster
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AG
$30,000 Millionaire said:

I think the market *wants* to go down, but you have these buyers. VIX starting to go up, Ticks making lower highs. If this gives up - watch out. Will be a quick 20 points.
How about now? were the buyers just a bunch of hedge unwinds?
Bob Knights Paper Hands
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Diggity said:

Funny. Got dragged to an outlet in Orlando and am currently on a bench staring at the line to get into the Crocs store. Was thinking about you guys.

We expect to see pics of the 10 pairs you bought today.
Bob Knights Paper Hands
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I still believe we get a TSLA blast. Has to be in the next 15-20 minutes because they won't wait for them last half hour of the week.
$30,000 Millionaire
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AG
this is crazy movement. Literally crazy movement.
You don’t trade for money, you trade for freedom.
ProgN
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Farmer @ Johnsongrass, TX said:

China will not invade/take Taiwan this year.


Alrighty then
Engine10
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AG
Re entered ASO for another run
$30,000 Millionaire
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50K account - last trade: XSP 437C. Got at 1.16. Accepting full risk.
You don’t trade for money, you trade for freedom.
Brewmaster
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$30,000 Millionaire said:

this is crazy movement. Literally crazy movement.
they loaded some shorts on the dip then shooting it to 438 looks like. incredible
Farmer @ Johnsongrass, TX
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I love you man. No homo. Hope to meet you some day.
wanderer
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If you're on the website or using the TD app, you'll have to use "$XSP.X". You can use "XSP" if you're in TOS or the TOS app. (or at least in my experience)
ProgN
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Farmer @ Johnsongrass, TX said:

I love you man. No homo. Hope to meet you some day.
Likewise brother
Carlo4
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AG
Why is my gut telling me to sell out of my positions/cash going into the weekend… regardless of gains/losses.
BayAg_14
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Do it.
ProgN
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MGNI just methodically doing it's thing! Just broke 14 and looks great on the charts on the heels of strong earnings and guidance.
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