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Farmer @ Johnsongrass, TX
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7:02a, 7/28/22
Is the GDP fix in? (Side Note: Atlanta Fed finishing at -1.2% yesterday. They usually don't miss greater than 0.50%)

https://www.marketwatch.com/story/gdp-likely-to-show-u-s-economy-narrowly-avoided-recession-in-the-second-quarter-11658935388?mod=mw_latestnews
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Farmer @ Johnsongrass, TX
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In reply to gougler08 • 7:08a, 7/28/22
Was it more money than God?

<j/k>
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gougler08
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In reply to Farmer @ Johnsongrass, TX • 7:11a, 7/28/22
Red Pear Luke (BCS)
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7:31a, 7/28/22
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AG
WE ARE CRATERING ON THESE NUMBERS BUT WE ARE DOWN 9/10s OF A %.
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Red Pear Luke (BCS)
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7:32a, 7/28/22
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AG
Live Look At Washington This Morning:

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Farmer @ Johnsongrass, TX
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7:41a, 7/28/22
Not verbatim - Shell CEO says get used to high oil prices. Underdevelopment and less exploration resulted from C19 and the push for Green Energy.

Brent and WTI with nice green gains this morning.

"....And up from the ground came some bubblin' crude...."
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Farmer @ Johnsongrass, TX
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8:02a, 7/28/22
Quiet this morning in here.

I'm going to beat on my (Oil) drum.

BTW, I bought the winning Mega-Millions Lotto Ticket last night for Friday's drawing so y'all can all relax now.

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Ragoo
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8:18a, 7/28/22
AG
Tesla needs to take out 840. Could really move.
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$30,000 Millionaire
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In reply to Farmer @ Johnsongrass, TX • 8:20a, 7/28/22
AG
Farmer @ Johnsongrass, TX said:
Quiet this morning in here.

I'm going to beat on my (Oil) drum.

BTW, I bought the winning Mega-Millions Lotto Ticket last night for Friday's drawing so y'all can all relax now.



I hope you win. Seriously.
You don’t trade for money, you trade for freedom.
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Charismatic Megafauna
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8:25a, 7/28/22
AG
Is that enough money to do a hostile takeover of T and clean house?
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LMCane
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In reply to Red Pear Luke (BCS) • 8:29a, 7/28/22
Red Pear DFW Luke said:
Live Look At Washington This Morning:

But a second straight negative GDP reading meets a long-held basic view of recession, despite the unusual circumstances of the decline and regardless of what the NBER decides.

GDP is the broadest measure of the economy and encompasses the total level of goods and services produced during the period.
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CincySwimmer
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In reply to Farmer @ Johnsongrass, TX • 8:44a, 7/28/22
Farmer @ Johnsongrass, TX said:
Quiet this morning in here.

I'm going to beat on my (Oil) drum.

BTW, I bought the winning Mega-Millions Lotto Ticket last night for Friday's drawing so y'all can all relax now.



I guess you could say it was "rigged"…. Get it? Cus your bullish on oil! Okay, time to go back to lurking.
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texagbeliever
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8:53a, 7/28/22
Only took 15 minutes for the market to realize a recession is a bad thing.
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Ag13
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8:53a, 7/28/22
AG
Not sure if anyone cares, but I found out this morning I passed level 3 of the CFA and I'm excited about it
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texagbeliever
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In reply to Ag13 • 8:54a, 7/28/22
Congrats!
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Charismatic Megafauna
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In reply to Charismatic Megafauna • 8:56a, 7/28/22
AG
Charismatic Megafauna said:
$30,000 Millionaire said:
Everyone all bullish?

Yep manchin flipped to calls. Moon mission tomorrow. Scaling into vix calls for next friday

Hey dumdum. The green open would have been a great time to buy those vix calls
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TecRecAg
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In reply to Ag13 • 8:59a, 7/28/22
AG
Ag13 said:
Not sure if anyone cares, but I found out this morning I passed level 3 of the CFA and I'm excited about it
Tier 3 Chick Fil A member? Nice!

j/k. Congrats!
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Philip J Fry
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9:02a, 7/28/22
AG
If only this was my 401K and not my active trading account.
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BaylorSpineGuy
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In reply to TecRecAg • 9:03a, 7/28/22
My wife has bought so much, she recently informed me we hit Diamond status.

On my way to the poor house. And obesity house.
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FTAG 2000
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In reply to Farmer @ Johnsongrass, TX • 9:06a, 7/28/22
AG
Farmer @ Johnsongrass, TX said:
Senate passes Chip Bill and Pelosi got a pay day..
You think she was the only uniparty trash up there that bought NVDA ahead of time?
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Irish 2.0
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In reply to Farmer @ Johnsongrass, TX • 9:10a, 7/28/22
Farmer @ Johnsongrass, TX said:
Senate passes Chip Bill and Pelosi got a pay day..
I hate the *****, but her ******bag hubby dumped the NVDA for a loss.
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Txducker
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9:11a, 7/28/22
AG
I sold my sqqq from yesterday on the initial wave down. Unsure of direction from here. I am going to let that 302.87 am low be my guide. qqq
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Brian Earl Spilner
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9:18a, 7/28/22
AG
Really just want TQQQ to drop down to 28.80 today to hit my buy, and also take SQQQ profits.
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Irish 2.0
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9:30a, 7/28/22
If buyers don't start showing up soon, I'm seeing a whole lot of potential bearish engulfing candles forming.
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LMCane
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In reply to Triple_Bagger • 9:36a, 7/28/22
Triple_Bagger said:
$30,000 Millionaire said:
Last couple of fed meetings, this has been the script:

  • Gap up and some upward morning trading
  • Give up morning gains to trade flat
  • Doldrums until the fed announcement / presser
  • Trap move down 50-100 points
  • Recover par value and then soar 50-100 points
  • Close on or near highs
  • Gap up and sell off the next day
We didn't get much of a trap move down today, but I still think the sell comes soon.

Q2 GDP estimate tomorrow right? Yellen speaking after trying to convince everyone that 2 quarters with negative GDP isn't a recession (this admin loves changing definitions to fit the agenda). I'm going to lose it if they try to label the recession as transitionary.

of course it's not "transitonary"

it's "TRANSITORY"

DUH!!
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LMCane
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In reply to texagbeliever • 9:38a, 7/28/22
texagbeliever said:
Only took 15 minutes for the market to realize a recession is a bad thing.
"it's not a recession until the NBER says it's a recession based on other indicators!!"

Biden White House
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Buck Compton
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9:48a, 7/28/22
AG
Officially a recession you say? All leading indicators negative??

Trade flat!!! Bulls take the day!!!

This is why I shouldn't trade around major announcements. Idiots.
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ProgN
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In reply to Ag13 • 9:51a, 7/28/22
Ag13 said:
Not sure if anyone cares, but I found out this morning I passed level 3 of the CFA and I'm excited about it
That's impressive and congrats. I had a buddy going through that years ago and it's very hard from what I remember him saying.
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irish pete ag06
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In reply to Ag13 • 10:00a, 7/28/22
AG
Congrats man!. I'm way behind you. I take the SIE Aug 4.
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Brian Earl Spilner
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10:07a, 7/28/22
AG
Ah hell. Maybe I should've taken SQQQ profits early.
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Brian Earl Spilner
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10:17a, 7/28/22
AG
Bought some LUV in my Roth to try and swing trade on the dip.
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sts7049
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In reply to Farmer @ Johnsongrass, TX • 10:28a, 7/28/22
AG
Farmer @ Johnsongrass, TX said:
Was it more money than God?

<j/k>


must be because they gave the whole company a bonus
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Txducker
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10:31a, 7/28/22
AG
Today has me feeling more bullish after qqq held daily 5 ema. I went long tqqq on the 5min 9:40 pullback candle. Momentum had stalled going sideways for 30 min. The 9:35 candle also broke a upper trend line, low rsi, close to daily 5ema, and at lower linear regression line. Hopefully cup and handle the am high and then test yesterday high.
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59 South
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10:37a, 7/28/22
AG
Despite all the bearish stinch on this board, if QQQ takes out 308.55 tech is gonna run and squeeze.
If this post is on the B&I forum, lighten up it's just money!

Disclaimer: I'm not that smart.
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Irish 2.0
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10:40a, 7/28/22


The volume this month is anemic compared to the two prior months. July is currently at ~30.2MM with one trading day left. May and June volumes were 41.1MM and 39.1MM, respectively. Whole lot of people still not participating in this rally.
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