These are all liquidity grabbing moves, folks. They're just trying to get your options or shares.
You don’t trade for money, you trade for freedom.
irish pete ag06 said:
As in, we are likely continuing up?
4125 then bounce, Let's see if I'm right.BREwmaster said:
interesting... just noticed this. flag upward, we keep bouncing off this trend line. Currently it would be around 4125 (spx).
the other bounces were August 2nd (twice) and August 5th (twice).
That would be quite the move down in the last hour.Spoony Love said:
Just for grins and perhaps sacrifice, I picked 0DTE 410P on SPY. Enjoy all who profit from the opposite. This is my tribute.
This is called unpaid correctness.Charismatic Megafauna said:oldarmy1 said:
I was eyeing OSTK Sept 16 $30 strike calls Friday. Wanted to wait to see macro direction out of the box first.
Wowzers
Confirmed move upoldarmy1 said:
Reverse head and shoulder on macro's
Looks like we're going to screw around in and around the box until CPI Wednesday
I bought 3,000 more shares. Really working to get my cost basis below $2oldarmy1 said:
5 minute volume spike alert went off on WWR
Good day for Allbirds, but it's giving it all back after hours.Dan Scott said:
A stock to look at going forward is Allbirds (BIRD). Stock closed at $5.27 Friday. It went public at $15 in November. They have earnings tomorrow. Stock has been crushed because they forecasted low 20% revenue growth vs. high 20% for 2Q. International sales went to crap with Russian invasion and China lockdowns. I think they underestimated the spending of middle to high income individuals and will show sizeable beat. Also their shoes launched in Nordstroms in June who themselves raised 2022 guidance beyond expectations during their 1Q call. I recently bought a pair and think they are the most comfortable sneakers I've owned.
I think Allbirds can become the Lululemon of shoes. Risk reward around $5 I think is good.
Troglodyte said:Good day for Allbirds, but it's giving it all back after hours.Dan Scott said:
A stock to look at going forward is Allbirds (BIRD). Stock closed at $5.27 Friday. It went public at $15 in November. They have earnings tomorrow. Stock has been crushed because they forecasted low 20% revenue growth vs. high 20% for 2Q. International sales went to crap with Russian invasion and China lockdowns. I think they underestimated the spending of middle to high income individuals and will show sizeable beat. Also their shoes launched in Nordstroms in June who themselves raised 2022 guidance beyond expectations during their 1Q call. I recently bought a pair and think they are the most comfortable sneakers I've owned.
I think Allbirds can become the Lululemon of shoes. Risk reward around $5 I think is good.
Dan Scott said:
Buffet bought more OXY. If you're selling OXY below 60, you're selling to Buffet.
https://occidentalpetroleum.gcs-web.com/static-files/852e82c5-4874-4f1d-92c9-75db7a9f2186
You are catching on! hahairish pete ag06 said:
So with the way this market goes, we will see inflation print lower than expected...
then sell off.
Right?