Isn't 100% a double? 3.4 would be 100%, no?
Stock Markets
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Last: 8 min ago by El_duderino
4.25 is a 150% increase of 1.7BREwmaster said:well done doc! but, 250% per my maths!BaylorSpineGuy said:
Closed my HD puts. 1.7 > 4.25. 150%. Will take it.
yep, n/m I'm a dumbass. I was just taking 4.25/ 1.7 = 2.50. 4.25 being 2.5x his entry price
BREwmaster said:
yep, n/m I'm a dumbass. I was just taking 4.25/ 1.7 = 2.50. 4.25 being 2.5x his entry price
Also true!
At some level, everyone has to make an educated guess and noone is correct all the time. But I very much appreciate the insight these posts provide. We are in unprecedented times and every educated opinion is a valuable, even (or should I say, especially) when they differ.
If anyone followed me on SARK, I'm up 5% since buying shares on Friday.
cryption said:
give it a couple days to update chains, but also do you still have enough shares to sell CCs?
Unfortunately yes. It was nice to get the 1% CC premium a week for a while but that's all gone now after today
3920 holding
AMZN looks prime for another drop. I think 3920 might have been just a consolidate bounce up. Well that was wrong. AMZN getting back to 116 again.Danwell Home said:
3920 holding
JPM had a massive purchase between 11:10 - 11:20. 20 x the normal volume for a middle of the day. 2 MM vs 100k for that 10 minute period.
Hit a couple more buy limits.
UPRO - $38.70
GOOGL - $105
Averaged down to $108.62 on GOOGL with still 30 more shares I'd like to buy. Are we thinking $100? My next one is at $103 but thinking about adjusting down.
UPRO - $38.70
GOOGL - $105
Averaged down to $108.62 on GOOGL with still 30 more shares I'd like to buy. Are we thinking $100? My next one is at $103 but thinking about adjusting down.
texagbeliever said:
JPM had a massive purchase between 11:10 - 11:20. 20 x the normal volume for a middle of the day. 2 MM vs 100k for that 10 minute period.
My bad. My finger slipped.
I'm all seriousness, that chart is in no man's land, IMO. Large gaps above and smaller gaps below. I made good money on JPM in last couple months but it's not easy to call right now. My suspicion is down because no rally/recession will come to an end without the banks ready to run, but with gaps all over the place, tread carefully!
GOOG's earnings are after close today. For me, based on the general negative consensus for things not TSLA, I'd be worried some bad news could result in a gap down.
Anyone think CWH might be prime for a dump? It is sitting relatively high at $26 above 50,21 & 8 day EMAs. Higher interest rates, likely over-saturated market from covid boom, higher gas prices, plus a recession should be trouble for RV company.
Looking at the JPM chart it is rejecting pretty hard at the top of its channel (looking at 10 min). Interesting to see how the next 5 mins play out. I think market overall falls around the same time.
CWH could have the "falling 3 method" forming on the 10 min chart. The first big red followed by 3 small green candles is complete. Will need the final red candle to show up between 1:40-1:50. Didn't happen
Yes you're right. It's struggled to break above $115 for a while now and close above that range. There is a gap 105-106 and another gap in the high 80s.
What looked like maybe an inverse hammer for SPY/SPX/QQQ looks to be rejected on the 10 min chart. With the following candle red and a lower low.
On the radar: could be a sell off into earnings...
AMZN below 115
GOOG testing 105?
MSFT retesting 250
AAPL testing 152
SPX testing 3920
1:30pm update: All of the above have broken down. JPM also honorable mention broke below 113.5 which was its resistance earlier today.
On the radar: could be a sell off into earnings...
AMZN below 115
GOOG testing 105?
MSFT retesting 250
AAPL testing 152
SPX testing 3920
1:30pm update: All of the above have broken down. JPM also honorable mention broke below 113.5 which was its resistance earlier today.
qqq has been rejected multiple times 295.60-70. I had 295.70 as weekly high from 7/07 being past resistance. sqqq has been my friend today. Option premiums high, not trading those today.
To be fair, he was told there would be no math.BaylorSpineGuy said:BREwmaster said:
yep, n/m I'm a dumbass. I was just taking 4.25/ 1.7 = 2.50. 4.25 being 2.5x his entry price
Also true!
I was looking at CWH this morning also when I saw its 9% dividend yield and p/e ratio not outrageous. What scared me off was looking at its financials. It is highly leveraged with lots of inventory on its books which is probably backing up in this recession. Target, Walmart, and other retailers also had the same problem with inventory and the market punished them for it. I worry about CWH getting in a cash problem with them being so highly leveraged and declining sales.texagbeliever said:
Anyone think CWH might be prime for a dump? It is sitting relatively high at $26 above 50,21 & 8 day EMAs. Higher interest rates, likely over-saturated market from covid boom, higher gas prices, plus a recession should be trouble for RV company.
I don't think TSLA is moving anywhere any time soon, but if it drops below 763 i figure it is highly likely to magnet to 752 and fill that gap.
LMCane said:You mean the Fed is saying one thing to the public but doing the opposite in private?BaylorSpineGuy said:
Good morning! A question for you: you talk about QT replacing QE, but the Fed balance sheet is actually up since June if you look at the nyfed SOMA website.
Is this an accurate source for the Fed balance sheet? Seems they aren't tightening at all despite the language…
Would appreciate your insight.
I'm in shock!!
Relax the numbers are lagging. They just got started the run off….
Put volume high on MSFT. 17K vol on 4700 OI on the 240P strike.
High vol too on 260C (19.7K against 8200 OI).
High vol too on 260C (19.7K against 8200 OI).
if MSFT goes to 240 I'd rather have puts on some other tech stock without earnings this week. QQQ would get dragged down hard.BaylorSpineGuy said:
Put volume high on MSFT. 17K vol on 4700 OI on the 240P strike.
High vol too on 260C (19.7K against 8200 OI).
Charismatic Megafauna
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AG
Little pump into close. Cmon goog make us proud!
Charismatic Megafauna said:
Little pump into close. Cmon goog make us proud!
$GOOGL Spike lower in NOD as puts are bought and calls are sold going into the close. ER after the bell. pic.twitter.com/IF4EXdHSKI
— Theta Warrior (@ThetaWarrior) July 26, 2022
Odd action on a once popular board turd
MBIO
MBIO
$GOOGL controls the market here.
I don't think ad revenue is going to be good.
I don't think ad revenue is going to be good.
Charismatic Megafauna
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You're like the bear yang to my bull ying
That's a red beer candle officially. We're out of our short term longs. The goal was to ride the green trend and we did. Don't get cute. Wait for the new trend to show itself.
“Give it hell Heinekandle, I’m enjoying it.”
- Farmer @ Johnsongrass, TX
“No secure borders, no alpha military, no energy independence, no leadership and most of all no mean tweets - this is the worst trade I’ve ever witnessed in my lifetime. ***Put that quote in your quote/signature section HeinendKandle*** LOL!”
- also Farmer @ Johnsongrass, TX (obviously in a worse mood)
- Farmer @ Johnsongrass, TX
“No secure borders, no alpha military, no energy independence, no leadership and most of all no mean tweets - this is the worst trade I’ve ever witnessed in my lifetime. ***Put that quote in your quote/signature section HeinendKandle*** LOL!”
- also Farmer @ Johnsongrass, TX (obviously in a worse mood)
MSFT is a more highly traded (in $s traded on a day).SF2004 said:
$GOOGL controls the market here.
I don't think ad revenue is going to be good.
GOOG & MSFT both missed on earnings and revenue. GOOG slightly more so than MSFT. Not sure why GOOG is green AHs.
GOOGL $1.21 EPS vs $1.30 expected
And yet it's running?
And yet it's running?
Like a spotted ass ape. For now. Weird!
GOOG/MSFT both had earnings and revenue misses.
FOMC matters a bunch but this does not bode well for the market. I imagine guidance won't be flowery.
FOMC matters a bunch but this does not bode well for the market. I imagine guidance won't be flowery.
Possible retrace of recent highs?