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sts7049
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In reply to Spoony Love • 8:24a, 7/13/22
AG
owning people on the internet... serious business
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ProgN
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8:38a, 7/13/22
Does anyone have a link that tracks how many trillions of wealth that has been wiped our since Jan 1 of this year?
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sts7049
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8:45a, 7/13/22
AG
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TecRecAg
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In reply to ProgN • 8:55a, 7/13/22
AG
I can just send you some links to some government officials twitter pages. Same thing, right?
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Spoony Love
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In reply to sts7049 • 8:56a, 7/13/22
AG
Bulls having a hard time breaking 3775 at the moment but we are only 30 min in.
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texagbeliever
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9:01a, 7/13/22
O&G reversed in the past 5 minutes. That might have been propping SPX above 3775.
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ProgN
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9:04a, 7/13/22






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ProgN
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In reply to TecRecAg • 9:05a, 7/13/22
TecRecAg said:
I can just send you some links to some government officials twitter pages. Same thing, right?
Perfect, thank you.

I'd like that info for a friend of mine.
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texagbeliever
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In reply to ProgN • 9:06a, 7/13/22
GOOG looks like it has room to run up. AAPL looks like it had trouble and might be rejected at 145.
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Spoony Love
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9:06a, 7/13/22
AG
I'm looking for SPY 374. That's the top of a down trend I've been watching. SPY has broken above it just this once since 6/8. If this gets back in that channel, we have lower lows coming.
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wanderer
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In reply to ProgN • 9:06a, 7/13/22
ProgN said:
Does anyone have a link that tracks how many trillions of wealth that has been wiped our since Jan 1 of this year?
I keep hearing people refer to values of wealth being wiped away but I don't really get that. For every dollar lost (by someone going long) in the market there is a dollar gained (by shorts) and vise versa. Where is the wealth being lost?

If you want to refer to market caps of companies being lost I get that, but I'm not understanding where the wealth is being lost.
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ProgN
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In reply to wanderer • 9:10a, 7/13/22
Yeah, it's really just a huge wealth transfer from small investors (IRAs, 401Ks, mutual funds) from the middle class to the Blackrocks of the world. I'm looking at it from the that perspective.
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BaylorSpineGuy
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In reply to ProgN • 9:13a, 7/13/22
The only irony is that most of the last 15 yrs have been that. With 0% interest rates. It's only created more inequality. Not the Fed's problem but it will be the government's!
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texagbeliever
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9:15a, 7/13/22
JPM is close to a new LOD and with that a new low for the past 3 months easily. They have earnings before market opens on Thursday.
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9:16a, 7/13/22
texagbeliever
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In reply to [removed post] • 9:19a, 7/13/22
jj9000 said:
Really surprised we're hovering around -1% on S&P. Logic suggests tanking. 9.1% wasn't priced in. I'm not buying it.
I have a trendline from 3/29 & 4/19 close on SPX. SPX rejected on the 3 min that line (it was around 3790). I think it is setup for a fall.
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Bob Knights Paper Hands
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9:19a, 7/13/22
I hope you covered your shorts, everyone. I made a bit cycling TSLA calls. 3 winners and 1 loser. Enough to call it a day for now. The loser was one I shouldn't have gotten into in the first place after looking at my 5-minute chart. Oh well, live and learn.
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Spoony Love
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In reply to [removed post] • 9:20a, 7/13/22
AG
jj9000 said:
Really surprised we're hovering around -1% on S&P. Logic suggests tanking. 9.1% wasn't priced in. I'm not buying it.
Here's you're problem, it's mine as well. Everything points to a flush, but still hovering around the premarket gap down.
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Brewmaster
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In reply to Spoony Love • 9:27a, 7/13/22
AG
Spoony Love said:
jj9000 said:
Really surprised we're hovering around -1% on S&P. Logic suggests tanking. 9.1% wasn't priced in. I'm not buying it.
Here's you're problem, it's mine as well. Everything points to a flush, but still hovering around the premarket gap down.
yep, may rip first and bury all the shorts, then when least expected they'll rug pull.
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TecRecAg
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9:30a, 7/13/22
AG
Is anyone still following MTTR? Down at this $3.75 level I'm thinking about taking a big chunk. Would be a long term hold of course.
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Jet Black
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9:32a, 7/13/22
Amazing manipulation
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Brian Earl Spilner
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9:33a, 7/13/22
AG
Didn't quite hit my big orders but glad I made some smaller buys in pre-market.
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Charismatic Megafauna
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In reply to Spoony Love • 9:41a, 7/13/22
AG
Spoony Love said:
I'm looking for SPY 374. That's the top of a down trend I've been watching. SPY has broken above it just this once since 6/8. If this gets back in that channel, we have lower lows coming.

Looks like she served as support
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sts7049
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In reply to Bob Knights Paper Hands • 9:42a, 7/13/22
AG
yeah i made a nice 70% on some calls riding TSLA from 680 to 705ish
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Jet Black
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9:48a, 7/13/22
Nasdaq green. Makes sense.
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Brewmaster
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In reply to ProgN • 9:57a, 7/13/22
AG
ProgN said:







damn son!

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Brewmaster
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10:02a, 7/13/22
AG
AAPL, if it can hold this trendline, could get back near yesterday's highs.

edit: bounced nicely so far

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Brian Earl Spilner
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10:17a, 7/13/22
AG
Sold today's UPRO for a quick 4% profit in Roth. Ready to jump back in if it poops again.
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mc_shipman
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10:17a, 7/13/22
Sold my $Spy puts this morning on the CPI news dump fully expecting to leave some money on the table, but, apparently, I should have bought some calls.
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BaylorSpineGuy
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10:25a, 7/13/22
Apparently people don't think the fun is done yet for the day. SPX 3700P expiring this afternoon has 25K vol 6.5K OI.
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Bob Knights Paper Hands
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10:37a, 7/13/22
I got popped going in big on TSLA calls for a scalp. It looked bullish AF and QQQ did as well. The SPX chart looked like it would support another move up through the top of the channel, but then we pushed down pretty quickly. Still green for the day, but that one stung.
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Golf1
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10:45a, 7/13/22
AG
I think my new trading strategy will be anytime Tesla is in the $600s then you buy every dip possible.
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BDJ_AG
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In reply to BrokeAssAggie • 11:17a, 7/13/22
AG
BrokeAssAggie said:
9%

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BrokeAssAggie
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In reply to BDJ_AG • 11:18a, 7/13/22
sts7049
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11:30a, 7/13/22
AG
i'm going in on some TSLA 750Cs. ready for an afternoon scalp
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