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25,811,263 Views | 235222 Replies | Last: 7 min ago by zgolfz85
sts7049
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AG
not much of a rejection of 4040 so far...maybe a good sign to continue squeezin' green
BrokeAssAggie
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sure seems that way. VIX dropping, SPY flagging.
$30,000 Millionaire
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AG
Traveling so not really active. I think we are at a resistance point. I would trim here. For new longs, consider over 4050 if it bases
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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AG
Uptrend may break but I probably wouldn't short unless clear downtrend establishes
You don’t trade for money, you trade for freedom.
LMCane
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Can anyone explain why with the revised GDP figures today showing a larger contraction in the first quarter-

that is bullish for stocks?
$30,000 Millionaire
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AG
LMCane said:

Can anyone explain why with the revised GDP figures today showing a larger contraction in the first quarter-

that is bullish for stocks?
i think you're new to this and i'm somewhat convinced you're really MF Barnes, but ask yourself what drives stocks up.

The biggest hint I can give is that revised GDP figures are now in the past.
You don’t trade for money, you trade for freedom.
BrokeAssAggie
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VIX curling back up.
texagbeliever
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AAPL: top 143 bottom 142.5
MSFT: top 265 bottom 264.5
Trading very tight
texagbeliever
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texagbeliever said:

AAPL: top 143 bottom 142.5
MSFT: top 265 bottom 264.5
Trading very tight
Both broke up, 4050 on SPX as well. Think we pull up to 4060 here.
sts7049
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AG
BrokeAssAggie
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TSLA keeps ripping
Brian Earl Spilner
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AG
Set stop limit on TQQQ at 30 for half, and a limit sell at 31 for the other half.
Brian Earl Spilner
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AG
Switched to a 1% trailing stop on TQQQ. Looking pretty rippy.
Triple_Bagger
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Saltyag15 said:

That ASO rebound...woah!
I just sold the shares I bought yesterday for a 37% return. Holding core position.
Ragoo
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AG
BrokeAssAggie said:

TSLA keeps ripping
yeah fck me. Made 50% on 10 calls that would be worth so much money now.
ProgN
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https://www.nydailynews.com/news/national/ny-ray-liotta-dead-goodfellas-20220526-5qa4dvoqwfcejlmz7faya45wza-story.html

Quote:

Newark native Ray Liotta, best known for playing Henry Hill in "Goodfellas," has reportedly died.

He was 67.
TecRecAg
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AG
Saw that. Loved everything I ever saw that he was in.
BrokeAssAggie
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On one of the days I choose to short they rip our faces off. Figures..
texagbeliever
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BrokeAssAggie said:

On one of the days I choose to short they rip our faces off. Figures..
Rough. I now believe that NVDA was shorted like crazy overnight under the "lower guidance" to get people out of their semiconductor calls. It should have opened at 180.
cptthunder
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$LUV looking like it could really pop if it can break through the $45.50 range
Double top resistance from 5/11&5/18. Next resistance looks to be around $46.25
Jet Black
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Sure feels like tomorrow should be a blood bath which means it won't be.
Philip J Fry
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AG
Am I dumb for holding on to TQQQ expecting it will go back to all time highs in the next few months?
texagbeliever
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QQQ was rejected at 300.75. Let's see if it wants to regroup and give it a 2nd try
EnronAg
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AG
QQ - with Fidelity showing AMZN record date 5/27 for the split and a pay date of 6/6, when does will I see the 20-1 share adj. in my account?? I really want to start selling covered calls on them, but confused with the whole record date/pay date...like you would see with dividends.
texagbeliever
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TD says 6/6 for split date.
Jet Black
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Philip J Fry said:

Am I dumb for holding on to TQQQ expecting it will go back to all time highs in the next few months?


You could be dumb like me and sell at $29.60.
ryanhnc10
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AG
I'm an idiot so I have a high likelihood of being wrong, but I'd be surprised if late last week / early this week was the low of the overall move. Bear markets usually last a painful amount of time. We could certainly get a 'rip your face off' rally though, but I'm betting we at least test these recent lows again. I have no clue when though
texagbeliever
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AMD & NVDA could be ready to run. QQQ is over 300.

Will be looking for momentum for QQQ to go over 300.75.
$30,000 Millionaire
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AG
volume or rather lack thereof worries me.
You don’t trade for money, you trade for freedom.
BaylorSpineGuy
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Mode T rally should carry until about SPY 420 or so. Above that, it will largely be sentiment driven.
$30,000 Millionaire
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AG
if TSLA breaks 700, 690 is inevitable.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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AG
BaylorSpineGuy said:

Mode T rally should carry until about SPY 420 or so. Above that, it will largely be sentiment driven.
what's 38.2%?
You don’t trade for money, you trade for freedom.
J.P. 03
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AG
Is it just an error on my TradingView, or was there a massive volume spike on the SPY 1-min candle just now? Price didn't move much, but curious if y'all are seeing the same thing.
sts7049
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AG
it was a bigger candle but i wouldnt say massive
texagbeliever
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I don't see a volume spike. Maybe computer lag?
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