Business & Investing
Sponsored by

Stock Markets

24,633,701 Views | 233277 Replies | Last: 11 min ago by Joseph Freshwater, Sr
$30,000 Millionaire
How long do you want to ignore this user?
AG
BaylorSpineGuy said:

TLT appears to have reached a double bottom as well around 108ish. Interesting to see if this bottom holds. Will be curious to watch what Fed does next week.


I don't think we've seen the bottom but it won't go too much below.
You don’t trade for money, you trade for freedom.
topher06
How long do you want to ignore this user?
Damn GOLD had a bad opening 10 minutes
Ragoo
How long do you want to ignore this user?
AG
$30,000 Millionaire said:

Not taking long trades up here. Maybe post gapfill.
4070 on SPX?
HtownAg92
How long do you want to ignore this user?
AG
Edit: Wrong Thread
$30,000 Millionaire
How long do you want to ignore this user?
AG
This is like panic buying.
You don’t trade for money, you trade for freedom.
Chef Elko
How long do you want to ignore this user?
AG
$30,000 Millionaire said:

This is like panic buying.

I refuse to be cannon fodder
Brewmaster
How long do you want to ignore this user?
AG
$30,000 Millionaire said:

This is like panic buying.
this is nuts. and RSI almost meaningless now
topher06
How long do you want to ignore this user?
Sold 420 9/16 calls on my SPY shares and bought a handful of puts.
Golf1
How long do you want to ignore this user?
AG
I'm to the point where I wish I could forget anything I know about TA and start over
topher06
How long do you want to ignore this user?
Golf1 said:

I'm to the point where I wish I could forget anything I know about TA and start over
Saturday has had that effect on many of us.
topher06
How long do you want to ignore this user?
topher06 said:

Sold 420 9/16 calls on my SPY shares and bought a handful of puts.
Just sold the puts.

EDIT: And bought back the calls, mostly cause I don't want to deal with realizing SPY gains in 2022. Would leave these in place otherwise.
$30,000 Millionaire
How long do you want to ignore this user?
AG
its opex, just remember that.

Nothing wrong with buying time with your options. easier to hold that way.
You don’t trade for money, you trade for freedom.
Bob Knights Paper Hands
How long do you want to ignore this user?
I made ~$100 on TSLA calls this morning. Big spender there. I got in late when the RSI dipped and started curving back up, but went lotto size. Sold at a good spot as well. Very small green day is probably fine for me today.
Ragoo
How long do you want to ignore this user?
AG
I made $160 selling TSLA short at 304.50
irish pete ag06
How long do you want to ignore this user?
AG
Waiting to see how SPX responds to 4100. I think it's gonna reject it like Mutumbo.
Golf1
How long do you want to ignore this user?
AG
spy going to fill the gap down today?
Lake08
How long do you want to ignore this user?
Any economic or fed news this week?
ProgN
How long do you want to ignore this user?
CPI
Lake08
How long do you want to ignore this user?
ProgN said:

CPI
topher06
How long do you want to ignore this user?
Making another run at 411. May load some puts to hold overnight. (edit: didn't do it, unfortunately)
BaylorSpineGuy
How long do you want to ignore this user?
VIX up like 4% today and SPY also up. Interesting given financial news this week, etc.
FJ43
How long do you want to ignore this user?

Not saying it will but typically an extension this far above the 5EMA backtests within 2 days.

Lots going on this week though.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

BaylorSpineGuy
How long do you want to ignore this user?
Gonna hedge a 9/16 415C against my longer dated 400P. Don't wanna get burned unidirectionally - getting burned bidirectionally is much more pleasant.
Charismatic Megafauna
How long do you want to ignore this user?
AG
I got a couple wed 405 puts and a couple 415 calls, hopefully both sides pay in the morning
topher06
How long do you want to ignore this user?
Charismatic Megafauna said:

I got a couple wed 405 puts and a couple 415 calls, hopefully both sides pay in the morning
How do you figure both sides pay? Just volatility spike?
Charismatic Megafauna
How long do you want to ignore this user?
AG
Big news days usually swing both ways, fakeout move then the real one. Believe that's an old oa1 play. Usually i cut the "real move" side too early, we'll see how tomorrow goes
BaylorSpineGuy
How long do you want to ignore this user?
Edit: n/m.
topher06
How long do you want to ignore this user?
Going with a few puts overnight, if only to hedge the potential bloodbath on long SPY shares.

EDIT: This are 9/16 405 puts.
Charismatic Megafauna
How long do you want to ignore this user?
AG
I gradually cut all but one of those calls after close, couldn't pass up 20-25% in 30 minutes
topher06
How long do you want to ignore this user?
Charismatic Megafauna said:

I gradually cut all but one of those calls after close, couldn't pass up 20-25% in 30 minutes


Well done. Market does seem to be expecting good news on inflation - I'm not sure what that means in our current bizarro world but whatever is good the market is expecting it
Ag CPA
How long do you want to ignore this user?
AG
Tomorrow should be interesting, have no idea how the markets are going to react given how the past couple of months have gone.
Brewmaster
How long do you want to ignore this user?
AG
topher06 said:

Charismatic Megafauna said:

I gradually cut all but one of those calls after close, couldn't pass up 20-25% in 30 minutes


Well done. Market does seem to be expecting good news on inflation - I'm not sure what that means in our current bizarro world but whatever is good the market is expecting it
I like Mancini's thesis, he thinks we initially rocket on CPI, then dump after the rip fades. (regardless of news) and that could push us to 4150 area (his next target I think).
BaylorSpineGuy
How long do you want to ignore this user?
That's my guess. Which means it probably won't happen that way lol.

I have calls and puts bath in place
Bonfire1996
How long do you want to ignore this user?
AG
4115-4119 is decision making time. Upper bound of 9 month descending channel, but still in mid range of 3.5 month ascending channel.

It's the perfect day for it too, with CPI.
topher06
How long do you want to ignore this user?
Watch China pull some **** and CPI become "other news"
First Page Last Page
Page 5683 of 6666
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.