For funz, here's how we reacted the previous 2 Fed days:
6/15
5/4
6/15
5/4
Farmer @ Johnsongrass, TX said:
Senate passes Chip Bill and Pelosi got a pay day..
YNWA_AG said:Farmer @ Johnsongrass, TX said:
Senate passes Chip Bill and Pelosi got a pay day..
Didn't she sell the nvda at a loss?
I stand corrected.YNWA_AG said:Farmer @ Johnsongrass, TX said:
Senate passes Chip Bill and Pelosi got a pay day..
Didn't she sell the nvda at a loss?
quick violent pullback, then short squeeze to 4k, would be my vote!Brian Earl Spilner said:
Hit my UPRO stop loss at $40 on my brokerage.
Set a buy for $39.
Kinda banking on a flash dip with the Fed and a rally into the finish. Seems to be the pattern this year.
Hey Farmer! Since your around today any thoughts on this? You seems to always have a finger on the pulse of this areacptthunder said:
I might be way over my skis on this but with the extreme heat, lack of rain, high cost of fertilizer, high diesel cost is there a projected shortage in hay for the coming winter?
If there is would it be significant enough to cause a decrease in beef production resulting in increased beef prices? I have zero back ground in this area but figured this would be a place to throw out the idea. Anyone know a etf such as $CORN or $WEAT for cattle?
All I have found at this point is $COW
irish pete ag06 said:irish pete ag06 said:irish pete ag06 said:
Played tiny... snagged a 303P on QQQ early in the day. Sold half at 100% rode the other down to about a 400% victory. Was probably the most stress free trading day I've just about ever had.
Just base hits you moron, it's that simple.
At Jamaica Beach RV Resort. Made 2 scalps. One laying down relaxing and one on the crapper. In and out. Best way for me.
Still at the red neck haven of Jamaica Beaxh RV Resort.
Played a QQQ call early and cut it for loss. Flipped to puts after a retest of former support and made it back plus some.
I'm proud today of not holding that first play too long and then averaging down, etc. I made a semi-decisive cut and moved on.
3 green in a row.
+0.84% on the day.
Same.. pounded my fist for months about hitting SPY $350 and we never quite got there.Bob Knights Liver said:
I'm positioned more bull, but for some reason I wanna see blood. One more plunge to a lower bottom before we begin our recovery. There's probably something wrong with me
I think we see a push to somewhere between 4050-4100, before beginning one more leg down to the top of the pre-Covid highs.TecRecAg said:Same.. pounded my fist for months about hitting SPY $350 and we never quite got there.Bob Knights Liver said:
I'm positioned more bull, but for some reason I wanna see blood. One more plunge to a lower bottom before we begin our recovery. There's probably something wrong with me
Not familiar with COW, but your logic in that second paragraph is correct.cptthunder said:Hey Farmer! Since your around today any thoughts on this? You seems to always have a finger on the pulse of this areacptthunder said:
I might be way over my skis on this but with the extreme heat, lack of rain, high cost of fertilizer, high diesel cost is there a projected shortage in hay for the coming winter?
If there is would it be significant enough to cause a decrease in beef production resulting in increased beef prices? I have zero back ground in this area but figured this would be a place to throw out the idea. Anyone know a etf such as $CORN or $WEAT for cattle?
All I have found at this point is $COW
Someone did respond saying there are a number of cows being sold right now because of projected lack of hay/grass. Could this end up adding more product in the short term pushing prices down and offer a chance to buy in at a low price?
Thankfully I exited my puts at a small loss on the last drop. I was about to have FOMO if it went through the floor.mc_shipman said:
Still accurate if you were holding some puts. Like me.
Forget touch....let'em grab hold!Saltyag15 said:
Somebody touched somebody's special area...look at that puppy run!
Brian Earl Spilner said:
Grabbed 100 SQQQ. Gotta come back down tomorrow right?
GreasenUSA said:
I've realized one of my problems is I also tend to start tracking how many days green in a row I am. After a certain amount of days, I stop making good trading decisions (letting winners run, tight stops, etc), and just start trading to preserve a green day at whatever costs.
I'd like to get a point where I don't even track my P&L, and just focus on making good trades. It's hard though, when it's really the best way to gauge our success.
$30,000 Millionaire said:
Yes, I believe in it.
GreasenUSA said:
I've realized one of my problems is I also tend to start tracking how many days green in a row I am. After a certain amount of days, I stop making good trading decisions (letting winners run, tight stops, etc), and just start trading to preserve a green day at whatever costs.
I'd like to get a point where I don't even track my P&L, and just focus on making good trades. It's hard though, when it's really the best way to gauge our success.
Well I'm in on some Aug 5th - $92 strikes.Farmer @ Johnsongrass, TX said:
XOM ER is Friday. I think they announce the Div a couple days in advance. I am looking for the announcement today. Historically, XOM increases the Div at Q3. I'm thinking they might surprise shareholders today or tomorrow with a Div increase. Regardless, monster quarter awaits.
Check that Aug 19 - $100 Calls. Open interest remains at 45,000. Big bet. 20,000 bought on 4/27. I think the share price is going past $100 by Aug 19th.Red Pear DFW Luke said:Well I'm in on some Aug 5th - $92 strikes.Farmer @ Johnsongrass, TX said:
XOM ER is Friday. I think they announce the Div a couple days in advance. I am looking for the announcement today. Historically, XOM increases the Div at Q3. I'm thinking they might surprise shareholders today or tomorrow with a Div increase. Regardless, monster quarter awaits.