I think we'll magically close right at the 200-ema (4415.32) or the 50-sma (4427). That makes the most sense to me. Tomorrow we red to green or we puke and don't stop puking until Baylor says "wow I didn't expect it to be THIS bearish!"
$30,000 Millionaire said:
50K: bought 2 XSP 442P at 0.25.
Max risk.
going to set a stop at 0.4 for the final to guarantee profit.$30,000 Millionaire said:
sell 1 at 0.36
Hold rest.
stop loss @ 3$30,000 Millionaire said:
50K, buying 1 SPX 4410P at $2.
hell of a trade! up to 3.50$30,000 Millionaire said:
50K, buying 1 SPX 4410P at $2.
I think we do see some continuation. under 4400 tomorrow seems like a given with the momentum down this afternoon, then rally tomorrow afternoonjwhitlock3 said:
I wish there was a way to play extended hours with options, would make it much easier. I would have bought itm puts with that loss of 4415.
can't wait for the new report of March 8.4% inflation rate in a few hours!!BaylorSpineGuy said:
Continuation for tomorrow? Anyone holding puts overnight?
LMCane said:can't wait for the new report of March 8.4% inflation rate in a few hours!!BaylorSpineGuy said:
Continuation for tomorrow? Anyone holding puts overnight?
bullish for stonks for sure.
Think about it, the bond rates have gone up significantly and it's effects can be seen in the drop of mortgage applications. The market has definitely been affected. People are tightening their belts already. The fed is getting all this from a mere 25 basis point raise.Spoony Love said:
I mean it's a plausible idea and you probably aren't far off from the truth if this isn't it.
I still think they have no choice but to raise rates. I'd rather they pull the band-aid off and let things get tough but that won't happen. We are a nation of entitled brats. Complaining about your Starbucks being expensive and it actually being too expensive to buy are two very different scenarios.
LOCKDOWN Shanghai 2022
— Yaxue Cao (@YaxueCao) April 9, 2022
This is a montage of 100+ video clips and still photos gleaned from social media platforms in China in recent days. 77 mins. Subtitles.https://t.co/s9bnQmD9ln No better way to study the Shanghai lockdown. It’s like having 100 cameramen on 100 scenes.
I think Prog is onto something, the Fed is good at spooking the markets when they want and inflation is going to reign in spending regardless of rates I think. I think we already saw it with vehicles, now it's hitting retail.Spoony Love said:
I mean it's a plausible idea and you probably aren't far off from the truth if this isn't it.
I still think they have no choice but to raise rates. I'd rather they pull the band-aid off and let things get tough but that won't happen. We are a nation of entitled brats. Complaining about your Starbucks being expensive and it actually being too expensive to buy are two very different scenarios.
They don't have a 2A. Things would probably be different if they did.BREwmaster said:
no, no, no I don't. horrible things are happening there. Regardless of what you think of the Chinese, their people deserve better. Everyone here say a prayer for them.