I can see how it keeps going. I was watching KBTX last night and they were talking about all the infrastructure funding about to hit BCS. 25M here, 15M there, etc. That's happening all over the US. That one trillion dollars is going to re-heat everything back up again. Biden is so dumb.Quote:
Think it will rebound on the next inflation print, at least until Powell opens his mouth again. Can't see how inflation accelerates with the recent energy crash.
Bonfire97 said:I can see how it keeps going. I was watching KBTX last night and they were talking about all the infrastructure funding about to hit BCS. 25M here, 15M there, etc. That's happening all over the US. That one trillion dollars is going to re-heat everything back up again. Biden is so dumb.Quote:
Think it will rebound on the next inflation print, at least until Powell opens his mouth again. Can't see how inflation accelerates with the recent energy crash.
At some point the people with cash on the sideline will start averaging in. We are oversold, even if you think it might go down a bit more and don't want to dive back in all the way yet.BREwmaster said:
if we keep testing SPY 362, eventually it will give, but bulls are fighting here, volume picking up
Out for a few days. Nice whip action to sell some stuff early. Fell back below puts so bought back 50%.
— Freedom Costs More Than Being Concerned... (@oldarmy1) September 27, 2022
This only ends one way. One major final flush.
Until then… Conroe! pic.twitter.com/WcgNnN7f0e
BaylorSpineGuy said:
Are any banks gonna full on puke? CS and DB charts look dog crap.
I remember 30K telling us that he went obnoxiously long on C when it crapped in 2008. Are any of the banks gonna be treated with the same mercy this time around? Is it gonna get to that degree? CS is at $4 and DB is under $8. Their charts look like dog Shiite and their red volume is wild this week.
Central banking digital currencies (CBDCs) and social credit systems explained. Show this to anyone who still thinks this is a conspiracy theory. It’s time to take the blinkers off before it is too late. #CBDCs
— James Melville (@JamesMelville) September 27, 2022
pic.twitter.com/KT2Yubr4FK
It's bad now,but there is a huge difference between what you consider digital currency today and CBDCs pic.twitter.com/uVt78qiO9N
— __hodl__running #btc (@__hodl__) September 27, 2022
Show off$30,000 Millionaire said:
Bought Nov puts on todays flash into 34. They were up over 10% quick but I will hold. We could very well get another spike to the moon and I will probably add.FJ43 said:
Possible trade. I'll be taking this one at some point.
VIX puts on a push over 32. Out to Oct monthly or even November. For me 27-30p.
Energy has been down some. But the entire world needs energy and there is a supply shortage. I have not bought back into energy but I will very soon.topher06 said:
Think it will rebound on the next inflation print, at least until Powell opens his mouth again. Can't see how inflation accelerates with the recent energy crash.
The Dollar is at the upper band of the well-defined channel in which it’s been ascending the past 12 months. We’re thinking a check back to at least the middle of the channel (and quite possibly to the lower band of the channel) is likely. $DXYhttps://t.co/RRxJAeLcgO pic.twitter.com/op7Io8NJQV
— Carter Braxton Worth (@CarterBWorth) September 27, 2022
FWIW if VIX opens/gets to around 30 or just above tomorrow I will take my 50% and my toys and go home for the day.FJ43 said:Bought Nov puts on todays flash into 34. They were up over 10% quick but I will hold. We could very well get another spike to the moon and I will probably add.FJ43 said:
Possible trade. I'll be taking this one at some point.
VIX puts on a push over 32. Out to Oct monthly or even November. For me 27-30p.
Trade only. I'm a redneck so don't follow me.
Oh…I don't think the bottom is in yet but could also be very wrong.
The DJIA has large gap from 2 years ago around 28,000. I doubted it'd ever fill it but I'd bet money it does now.BlueTaze said:The Dollar is at the upper band of the well-defined channel in which it’s been ascending the past 12 months. We’re thinking a check back to at least the middle of the channel (and quite possibly to the lower band of the channel) is likely. $DXYhttps://t.co/RRxJAeLcgO pic.twitter.com/op7Io8NJQV
— Carter Braxton Worth (@CarterBWorth) September 27, 2022
CNBCs top TA guy is predicting a USD reversal AND also a market crash to pre-covid highs. I don't see how both can happen.
Ripped off BIIB news.ProgN said:
SAVA spiking hard really late tonight AH and I can't find any news.
This is how.BlueTaze said:The Dollar is at the upper band of the well-defined channel in which it’s been ascending the past 12 months. We’re thinking a check back to at least the middle of the channel (and quite possibly to the lower band of the channel) is likely. $DXYhttps://t.co/RRxJAeLcgO pic.twitter.com/op7Io8NJQV
— Carter Braxton Worth (@CarterBWorth) September 27, 2022
CNBCs top TA guy is predicting a USD reversal AND also a market crash to pre-covid highs. I don't see how both can happen.
SAVA would be down on positive BIIB news, not up 6 at 8pm. I suspect it's something else and tomorrow might be very interesting.lobwedgephil said:Ripped off BIIB news.ProgN said:
SAVA spiking hard really late tonight AH and I can't find any news.
Biogen Announced Lecanemab Confirmatory Phase 3 Clarity Ad Study Met Primary Endpoint, Showing Highly Statistically Significant Reduction of Clinical Decline in Large Global Clinical Study of 1,795 Participants With Early Alzheimer's Disease
APPLE DITCHES IPHONE PRODUCTION INCREASE AFTER DEMAND FALTERS $AAPL
— FXHedge (@Fxhedgers) September 28, 2022
Thank you, then I retract my previous statement lobwedge.Bob Knights Liver said:
I'm hearing the same reason for SAVA spiking https://www.reuters.com/business/healthcare-pharmaceuticals/eisai-biogen-alzheimers-drug-success-follows-many-failures-2022-09-27/
The thought is that here was so much negative press in general about treatment of Alzheimer's that any positive phase 3 results proves that benefits can be had. SAVA had much more success in not only slowing decline, but even restoring cognitive ability during phase 2. Consider what a positive phase 3 results would give for SAVA and I think some of the shorts may have started closing out.