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23,992,604 Views | 231574 Replies | Last: 2 hrs ago by EliteZags
gougler08
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AG
Entering SHOP as a long for 401k account...tight stop loss at $30
Brian Earl Spilner
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AG
Yeah, for some reason I thought those were coming in tomorrow and the huge dip was due to the Cineworld news.

But hey glad I bought the dip.
Triple_Bagger
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Brian Earl Spilner said:

Yeah, for some reason I thought those were coming in tomorrow and the huge dip was due to the Cineworld news.

But hey glad I bought the dip.
Be careful buying shares today. It's still unclear how much APE is worth. It could be a 2:1 stock split/spin-off. Shares purchased today won't give you the APE dividend.
TChaney
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Triple_Bagger said:

Brian Earl Spilner said:

Yeah, for some reason I thought those were coming in tomorrow and the huge dip was due to the Cineworld news.

But hey glad I bought the dip.
Be careful buying shares today. It's still unclear how much APE is worth. It could be a 2:1 stock split/spin-off. Shares purchased today won't give you the APE dividend.
You can waste 12 minutes of your life watching this if you want. It still makes no sense in the long run.



AMC total value = 95% $AMC 5% $APE

So as usual with meme stocks it's pure gambling.
irish pete ag06
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Bam, net free on 8/24 317 P on QQQ
irish pete ag06
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Maybe not.
Triple_Bagger
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Thanks
Bob Knights Paper Hands
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Got in TSLA puts earlier. Half sized. There's a lot of bearish divergence here shown on between price and RSI, but it has been looking like it wants to go bull for the last 10-15 minutes. Hiding for now. My sell target will hit of we get down close to $850 today.
Spoony Love
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SPY is getting dangerously close to the 408-414 trading box. I suspect we trade there again by month's end. Fed meeting this week may put us there.

Also, there is still a gap to fill down to 412.75
Golf1
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I'm to the point where I believe this fed meeting can say whatever it wants bad but the market will get pumped back up some how.
BaylorSpineGuy
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It'll be manna from heaven if we get one more touch of the 200. I will become obnoxiously bearish at that point (see all my posts from Jan-June for reference.
sts7049
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sts7049 said:

sts7049 said:

i'm buying a few 410Ps in SPY for wednesday expiry
closed all but a couple runners. in at .29, out at .77
closed runners at .86 and 1.04. will now wait to see what to do next
FJ43
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Did a quick SPY 0DTE call scalp on the small bounce. 20%. Now sitting on hands again.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

FJ43
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sts7049 said:

sts7049 said:

sts7049 said:

i'm buying a few 410Ps in SPY for wednesday expiry
closed all but a couple runners. in at .29, out at .77
closed runners at .86 and 1.04. will now wait to see what to do next


Good trade.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Buck Compton
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Ford announces layoffs, too. Not just tech companies anymore.
irish pete ag06
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irish pete ag06 said:

Bam, net free on 8/24 317 P on QQQ
Bought 5 at 2.62
Sold 4 at 3.29

SL on last runner set to break even (currently @ 3.52)

Considering closing this at the end of the day no matter what happens... don't think overnight theta is worth the hold.
Bob Knights Paper Hands
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Potential double bottom on QQQ at the 100-day. My puts hope not, but beware.
Farmer @ Johnsongrass, TX
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Buck Compton said:

Ford announces layoffs, too. Not just tech companies anymore.
....to pay for EV transition..

https://www.marketwatch.com/story/ford-confirms-job-cuts-to-pay-for-ev-transition-wsj-2022-08-22?mod=mw_latestnews

ProgN
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BaylorSpineGuy said:

It'll be manna from heaven if we get one more touch of the 200. I will become obnoxiously bearish at that point (see all my posts from Jan-June for reference.




Well it's almost football season so we expect you to be obnoxiously bearish.
Buck Compton
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Farmer @ Johnsongrass, TX said:

Buck Compton said:

Ford announces layoffs, too. Not just tech companies anymore.
....to pay for EV transition..

https://www.marketwatch.com/story/ford-confirms-job-cuts-to-pay-for-ev-transition-wsj-2022-08-22?mod=mw_latestnews


Yep.

They're just identifying where their extra OPEX spend came from that they're having to offset with 3,000 HC reduction. Trying to spin it. EV isn't cash flow positive (and won't be for awhile), but this is a direct response to economic conditions.

3,000 white collar HC reduction doesn't come without economic downturn or severe mismanagement.
Bob Knights Paper Hands
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Bob Knights Liver said:

Potential double bottom on QQQ at the 100-day. My puts hope not, but beware.

QQQ touched that 100sma for a third time while RSI was near bottom of bull demand zone. That looks bullish to me. Let's see if it was a trap. Or if bulls will take back some of the gains made by the bears.
ProgN
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I'm gambling on $ZM earnings. I bought 1 88p, let's see what happens.

This is just for pure entertainment. 1 put doesn't make or break anyone.
Bob Knights Paper Hands
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Puts we're stopped and I bought some TQQQ ~10 min ago. Now the market collapse may continue.
Golf1
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AG
Should be finding out where we are heading for the rest of the day soon
Brewmaster
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Very oversold now, we will get a squeeze at some point in the next day or 2 I think.

4160 lost again here though and uptrend lost...

sts7049
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AG
little to no movement off of 4150 area. probably means another leg down is in order.
Farmer @ Johnsongrass, TX
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I agree with your reply.

It's insanity, IMO. I don't own any Ford, but my BTI has been smoking all day (pun intended). Green is good on a day like today.
Buck Compton
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Farmer @ Johnsongrass, TX said:

I agree with your reply.

It's insanity, IMO. I don't own any Ford, but my BTI has been smoking all day (pun intended). Green is good on a day like today.
Spoony Love
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SPY might be forming the right shoulder on the 5 min chart for the day. Right shoulder might be a little high. Watching for confirmation.
irish pete ag06
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Something I am bullish on for the longer term and is showing major relative strength today is LAC.

No position yet. Watching.

Brian Earl Spilner
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Have my TQQQ limits set, but also starting to think about starting to rotate back into QQQ for my long term investing.

Will probably start doing that if it hits $312 or so.

My original target was $290 but that may be too hopeful.
$30,000 Millionaire
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Gross day.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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I actually think SPX is going to get going a little bit to the upside. It's heavy, but it's not breaking down either from the 4160 area.
You don’t trade for money, you trade for freedom.
Brewmaster
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I dunno, looks like domed and doomed to me... but super oversold here

Golf1
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As I was typing to tell y'all to get puts in spy because i just got out and it decides to finally break support and drop..
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