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FTAG 2000
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11:16a, 5/10/22
AG
I could only take a few minutes of Biden, but summing it up:

- Inflation is at a historic high across the world, nothing we could have done to stop it (lol)
- Energy prices are high due to evil oil companies, called on oil cos. to increase production to lower prices
- Inflation is his top domestic priority the rest of the year
- GOP is to blame, obstructing his agenda and bills like Build Back Better (because printing trillions would totally help inflation)!

In summary: lots of gaslighting, GOP bad, oil companies bad, nothing he can do about inflation before now but he's going to start!
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BrokeAssAggie
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In reply to FTAG 2000 • 11:17a, 5/10/22
We have been waiting on some BLM permits for over a year to drill 20+ wells
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SF2004
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In reply to FTAG 2000 • 11:18a, 5/10/22
AG
FTAG 2000 said:
I could only take a few minutes of Biden, but summing it up:

- Inflation is at a historic high across the world, nothing we could have done to stop it (lol)
- Energy prices are high due to evil oil companies, called on oil cos. to increase production to lower prices
- Inflation is his top domestic priority the rest of the year
- GOP is to blame, obstructing his agenda and bills like Build Back Better (because printing trillions would totally help inflation)!

In summary: lots of gaslighting, GOP bad, oil companies bad, nothing he can do about inflation before now but he's going to start!
Careful. You will be told that this isn't the politics board.

Even though we have people on this thread trying to make money when they voted directly for what is happening.

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utah, get me two
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11:20a, 5/10/22
Time to start buying more tqqq
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wanderer
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In reply to texagbeliever • 11:21a, 5/10/22
texagbeliever said:
wanderer said:
Look at that pretty (or not so pretty) downward channel on SPY this morn.
Maybe a breakout of the channel here looking at the 3 mins?
Now serving as support
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FTAG 2000
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11:23a, 5/10/22
AG
Okay, one other thing, he said GOP doesn't have a plan to fight inflation.

Dude, you're in control of the WH and Congress. Solve the problem and quit gaslighting.

Okay, back to stonks (only go down).
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$30,000 Millionaire
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11:37a, 5/10/22
AG
long TQQQ again.
You don’t trade for money, you trade for freedom.
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Bob Knights Paper Hands
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11:56a, 5/10/22
I'm ****ing horrible at this. I want to nut punch the stock market right now. How could I be down on a day like today? Open gap up above the 5-min BB and immediately come down, retest the top BB and then come back to the bottom. So ****ing simple yet I've failed to capitalize on this. I've really been disappointed with my trading recently.

I think SPX and TSLA touch that upper BB again shortly and then leg down again, but I have no certainty so I'm out right now.
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BrokeAssAggie
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In reply to Bob Knights Paper Hands • 11:59a, 5/10/22
Right there with you. Some really hard trading these last few days/weeks
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Brewmaster
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12:05p, 5/10/22
AG


looks pretty ominous here... bear flagging, but bulls trying hard to reverse trend here.
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BrokeAssAggie
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12:07p, 5/10/22
Health Insurance premiums went up $1,000 a year. Guess it could've been worse.
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ProgN
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In reply to Bob Knights Paper Hands • 12:21p, 5/10/22
Bob Knights Liver said:
I'm ****ing horrible at this. I want to nut punch the stock market right now. How could I be down on a day like today? Open gap up above the 5-min BB and immediately come down, retest the top BB and then come back to the bottom. So ****ing simple yet I've failed to capitalize on this. I've really been disappointed with my trading recently.

I think SPX and TSLA touch that upper BB again shortly and then leg down again, but I have no certainty so I'm out right now.
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Ragoo
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12:29p, 5/10/22
AG
Let's get a TSLA breakout here
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EngrAg14
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12:30p, 5/10/22
AG
We filled a week gap when we hit 396.
I expect some sideways fight before the climb back up.

no other majors gaps for a while and we needed to fill that one.
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BrokeAssAggie
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12:30p, 5/10/22
Aaand it's green again
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BrokeAssAggie
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12:36p, 5/10/22
Need VIX below $32 for any real momentum to pick up .
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Brian Earl Spilner
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In reply to utah, get me two • 12:36p, 5/10/22
AG
utah, get me two said:
Time to start buying more tqqq
Sadly out of cash but still riding quite a few shares
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irish pete ag06
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12:37p, 5/10/22
AG
QQQ 305 will be interesting on this run...


Edit... if it even gets there.
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Brian Earl Spilner
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12:41p, 5/10/22
AG
Anyone still in SAVA? Thinking about taking today's run and cutting losses.
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BrokeAssAggie
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12:50p, 5/10/22
ok, now we are moving. might been in for a rippy close.
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Bob Knights Paper Hands
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In reply to Brian Earl Spilner • 12:54p, 5/10/22
I got out ofb$SAVA shares except for my MA IRA that I've brutalized. I'm continuing to acquire 1/2024 call spreads between $50 and $150 strikes where I can get >75:1 r/r including fees. Today is kind of right back to the 5-day, so I don't see it as a big move. It might be a good place to book losses though, if that's your intention.
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Brewmaster
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12:55p, 5/10/22
AG
hold above 4030 and we may see a massive squeeze
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Bob Knights Paper Hands
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In reply to ProgN • 12:57p, 5/10/22
I don't need zen. I want to destroy something beautiful.
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cptthunder
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12:59p, 5/10/22
$MSFT is right at its 30min ORH
Could get jiggy if it can break
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Bob Knights Paper Hands
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1:06p, 5/10/22
If we don't hold 4035 and come off the top of this BB, I think we'll head back down at least to the mid point of today's range. I might try 1 SPX or TSLA put. If we get back to the upper BB I might try one call.
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BrokeAssAggie
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1:15p, 5/10/22
She's about to blow.
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ProgN
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In reply to BrokeAssAggie • 1:23p, 5/10/22
BrokeAssAggie said:
She's about to blow.


You rang
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Bob Knights Paper Hands
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1:23p, 5/10/22
Im out of the put, made $400. If we get back to the upper BB here (4059SPX, 821TSLA), I'm going to give it a minute to see if we ride the BB up or power down to the lower BB (3953SPX, 782TSLA)
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utah, get me two
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In reply to ProgN • 1:26p, 5/10/22
Right on time
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BrokeAssAggie
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1:30p, 5/10/22
gotta hold this level for any hope.
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Brewmaster
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1:49p, 5/10/22
AG
Mancini thinks it's likely we clear 4020's soon and start a multi day relief rally.

I kind of doubt this will be the bottom though!
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irish pete ag06
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1:55p, 5/10/22
AG
Algo battle on QQQ coming to resolution at none other than algo o'clock (2:30 pm)

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Bob Knights Paper Hands
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In reply to Brewmaster • 1:57p, 5/10/22
BREwmaster said:
Mancini thinks it's likely we clear 4020's soon and start a multi day relief rally.

I kind of doubt this will be the bottom though!

I think we may touch close to 4000 again and then head back up.
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Bob Knights Paper Hands
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In reply to Bob Knights Paper Hands • 2:06p, 5/10/22
No, I think we go now.
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TecRecAg
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2:08p, 5/10/22
AG
With 52 minutes, SPY volume is only 74% of 10 day avg.

Be careful.
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