I wish I would have gone short SPX or TSLA coming off the top of those channels. Now I'll wait for some direction while I play some long toss with my son.
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Bob Knights Paper Hands
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This market sucks and searching for a bottom so I've made one trade in over 2 weeks so not much for me to post about.Bob Knights Liver said:ProgN said:
Are you related to McInnis?
Which one? None of you *******s post much anymore so when I have time to trade and post here I have to talk to myself. Otherwise it's just me and the naughty teachers apparently.
More Numbers Indicating RECESSION...BONDS RALLYING AGAIN
The latest economic number are out and continued to show the slow down the Fed has been trying to achieve. Even ISM prices paid was better... Treasuries are soaring with the long end catching a bid... We blew through our resistance of 2.875 10 years and are through our 2.78 2 years... The BELLY OF THE CURVE IS BETTER BY 24 BASIS POINTS...we are BUILDING OUT THE 75 BASIS MOVE IN JULY... Equities are noticing and catching a bid, as we suggested this morning... SHORT COVERING...
For history buffs
Over the past 21 years from 2001-2021 July's first trading has the second-best record up 85.7% of the time on the S&P 500
Rates... 2.71 is a key objective /resistance point for 10 years... That is where the legacy shorts start to lose big money... Can we reach it today?? Doubt it but liquidity is poor to begin with, and in a shortened pre holiday, does anyone want to be short over a long weekend????
The latest economic number are out and continued to show the slow down the Fed has been trying to achieve. Even ISM prices paid was better... Treasuries are soaring with the long end catching a bid... We blew through our resistance of 2.875 10 years and are through our 2.78 2 years... The BELLY OF THE CURVE IS BETTER BY 24 BASIS POINTS...we are BUILDING OUT THE 75 BASIS MOVE IN JULY... Equities are noticing and catching a bid, as we suggested this morning... SHORT COVERING...
For history buffs
Over the past 21 years from 2001-2021 July's first trading has the second-best record up 85.7% of the time on the S&P 500
Rates... 2.71 is a key objective /resistance point for 10 years... That is where the legacy shorts start to lose big money... Can we reach it today?? Doubt it but liquidity is poor to begin with, and in a shortened pre holiday, does anyone want to be short over a long weekend????
So for the first 6 months of 2022 my realized loss is 8.77%
If this continues I may change my username to dustbowl.
Really having to reevaluate my strategy for the next 6 months.
If this continues I may change my username to dustbowl.
Really having to reevaluate my strategy for the next 6 months.
GOOG is having problems today. Broke yesterday's lows.
Charismatic Megafauna
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Charismatic Megafauna said:
I think I'm going to buy Crwd 202.5 calls 2 weeks out. Possibly spreads for earnings eom
Wtf, I'm supposed to be getting an entry, not fomo
Bob Knights Paper Hands
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Is it wrong for me to he taking the bonds rallying as a sign that big boys think all of the rate hikes are known? That we'll have no more surprises to higher rates, but may have surprises to less than expected hikes? Or is this simply finding a less evil option than stocks and a place to store investment dollars a bit longer term than in cash?
What's outlook in TTD? It did great for me at first, but lately it's been a beat down. Fidelity has it as a very bearish outlook as of today. I don't mind being patient, but I don't want to ride it all the way down either.
Bob Knights Paper Hands
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That's not bad for how volatile the market has been, especially if you're including swing trades or longer in your account. If just a trading only account, take a look at it on a monthly timeframe and see if you've already adjusted to this market.
Bob Knights Paper Hands
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Any growth or speculative stocks have been hit hardest. They might also be a bit slower to begin heading back up, until people feel more certainty again. However, when they do come back up from apparently oversold positions for many of them, it should be aggressive. That doesn't tell you what to do, but you have to consider why you're selling and what a target to buy back would look like.
Worst first half performance since 1962. 60 years. It's 25% down on average. You kicked butt man. Historically, things rebound well in the second half, but I don't feel very confident... which means we will probably go up 100% from hereTumble Weed said:
So for the first 6 months of 2022 my realized loss is 8.77%
If this continues I may change my username to dustbowl.
Really having to reevaluate my strategy for the next 6 months.
. My Edward Jones accounts are down 25% in step as they are all tied together at the hip. My 401k is down 5% because a commodity based bond saved my butt big time (no longer doing well so switched back into equity).
Tumble Weed said:
So for the first 6 months of 2022 my realized loss is 8.77%
If this continues I may change my username to dustbowl.
Really having to reevaluate my strategy for the next 6 months.
You don't have to flex so hard on us
Realized loss isn't very telling. You could easily be up 50% or down 50% YTD and your realized loss/gain could be 0%
If you are up 50% right now you should sell everything.
Bob Knights Paper Hands
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My 401, excluding contributions, is down 11% since it's peak. I feel really pumped about that honestly.
The only saving grace for our portfolio so far this year is that 1/2 of it is in a single defensive stock. I'm thankful (this year at least) that it's not in a single tech stock.
Sad state of affairs when "positive" posts on this thread are how "relatively little" various posters have lost in their portfolios.
Good times.
Biden's Raid on the Permian Basin - Carbon Neutral Coalition
I guess gas prices aren't high enough yet.
I guess gas prices aren't high enough yet.
Bob Knights Paper Hands
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I think SPX will close near the 10-day again. That will give us the same miss-direction going into Tuesday when hopefully the volume returns. I was trying to fill some XSP 379/380/381 butterflies again but could not get them to fill at $0.10 or $0.11, so I cancelled the orders.
Yep. My stab wound is bleeding less than your gunshot wound.
Made money today!! (don't ask about the last few days though) Have a great holiday weekend everyone!
Well TSLA is not playing along with the rest of the class today
they want to force EV on all of us. that is the end game, 10% for the big guy from China (since they own a huge percentage of EV battery minerals).ProgN said:
Biden's Raid on the Permian Basin - Carbon Neutral Coalition
I guess gas prices aren't high enough yet.
Farmer @ Johnsongrass, TX
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Oh hell yes! Keep given me that Lib policy because you're making my day and my account freakin' green! Bought more XOM today.ProgN said:
Biden's Raid on the Permian Basin - Carbon Neutral Coalition
I guess gas prices aren't high enough yet.
Pre-Guidance from XOM likely today or Tuesday the 5th. XOM's CFO,...she's crafty and could hide Q2 results (that should be monster $) in the mystery of accounting entry's, but I'm not sure they will. All I know is my XOM bull horns are on and I'm feeling great. The OPEC+ verified they can't help boost crude production - they didn't meet May quota goal and will not meet June quota goal, XOM refinery in France went on strike today, Norwegian oil company went on strike today, Libya halting exports, Nigeria not contributing...and the beat goes on. Go ahead and whip TX oil to the floor mat using some Fed Agency strong-arm tactic and presto....$10 gallon gas. Keep it coming. In my opinion, XOM is a bargain today.
Last note, check out the YouTube video by The Fast Lane Truck titled "How Far Can A Gas Truck & an Electric Ford Lightning Go Towing the Same Camper on ONE Fill-up?" You can find it in a thread on the TexAgs Politics Board too. Great video with real life test by my standards. EV pickup is not for me, maybe when the battery technology gets better. But wow! What an eye-opener. I think I posted on this thread about the 51 page TXDOT document I read regarding the EV Charging Station Plan for TX....there's a reason you need a charging station every 50 miles....the TXDOT document states it and....the YouTube video verifies it. This makes me wonder about EV stocks and Chip stocks. All I know is, it's a helluva tug-of-war going on between Fossil Fuel and Greenies. Money talks, so I'm friendly to the Fossilites. Folks complain about having to fill up more often with multiple stops when using e85 (LOL!) can't wait to read the comments about constant stops and time spent at recharging stations (superchargers or not).
Have a great Independence Day!
July 5th will be green.
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BaylorSpineGuy said:
I mostly get draft kings ads and sometimes Rebecca Creek whiskey (no Rebecca's Creek is not a vague porn reference).
Sounds like me and tumble weed are cut from the same cloth haha.
You're thinking of Rebecca's Cheeks.
as opposed to say...gas stations?Farmer @ Johnsongrass, TX said:I think I posted on this thread about the 51 page TXDOT document I read regarding the EV Charging Station Plan for TX....there's a reason you need a charging station every 50 miles..ProgN said:
Biden's Raid on the Permian Basin - Carbon Neutral Coalition
I guess gas prices aren't high enough yet.
Setup is there for close above 3820 today. Obviously don't be a dummy with large size 0 DTE.
You don’t trade for money, you trade for freedom.
Charismatic Megafauna
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Charismatic Megafauna said:
I think I'm going to buy Crwd 202.5 calls 2 weeks out. Possibly spreads for earnings eom
7/15 195/210 for 2.12
Bob Knights Paper Hands
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cptthunder said:
Well TSLA is not playing along with the rest of the class today
I just hopped in, scalped TSLA calls for 1 point and I'm out. That will fund a lot of beer and meat for the weekend. Upgrading to prime cut Ribeyes.
Bob Knights Paper Hands
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Red Pear DFW Luke said:BaylorSpineGuy said:
I mostly get draft kings ads and sometimes Rebecca Creek whiskey (no Rebecca's Creek is not a vague porn reference).
Sounds like me and tumble weed are cut from the same cloth haha.
You're thinking of Rebecca's Cheeks.
See I'm scared to even star this out of fear of what ads Goggle will send me next.
Farmer @ Johnsongrass, TX
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Can't tell if you're normal, snarky, or sarcastic, just words on a screen. However, to answer your question as it pertains to me; I don't need to refill anything I drive with a worry of a having a gas station every 50 miles and that includes a 1985 Chevy Dooley 454 auto with a 410 rear axle AC running and maybe 10mpg fuel economy. I'm good with a 200 mile separation. EV's don't have that choice. If EV's get the choice of multiple charging stations, it'll be like a 1970's gas line on a good day no matter how many charging stations exist...as only so many charging stations can get plugged into the grid. The folks filling up their Tesla's at the Collins Street Bakery in Waco, TX could bring a sleeping bag and alarm clock for a good nap. I guess that's a plus. But, it makes me wonder about the e85 comments of having to fill up extra times/exta stops...is that really a problem. The Buc-ee's pumps for gas and diesel, imagine that set-up for EV's, you're gonna need it X100....everywhere. Anyway, back to trading, XOM, buy it and you'll like it.Diggity said:as opposed to say...gas stations?Farmer @ Johnsongrass, TX said:I think I posted on this thread about the 51 page TXDOT document I read regarding the EV Charging Station Plan for TX....there's a reason you need a charging station every 50 miles..ProgN said:
Biden's Raid on the Permian Basin - Carbon Neutral Coalition
I guess gas prices aren't high enough yet.
Farmer @ Johnsongrass, TX
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Star it for me..Bob Knights Liver said:Red Pear DFW Luke said:BaylorSpineGuy said:
I mostly get draft kings ads and sometimes Rebecca Creek whiskey (no Rebecca's Creek is not a vague porn reference).
Sounds like me and tumble weed are cut from the same cloth haha.
You're thinking of Rebecca's Cheeks.
See I'm scared to even star this out of fear of what ads Goggle will send me next.
take it however you like, but guidelines suggesting stations every 50 miles doesn't imply that this is the maximum distance EV's can travel.
additionally, we already have gas stations on the corner of every block. Doesn't mean ICE vehicles cannot cross the street without a fuel up.Diggity said:
take it however you like, but guidelines suggesting stations every 50 miles doesn't imply that this is the maximum distance EV's can travel.
Charismatic Megafauna
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Bought some vale 14.5 for next week too
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