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FTAG 2000
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Txducker said:

Brian Earl Spilner said:

Did the fed just say something?

That volume at 12:35 on spy and qqq. What is going on?


That was the sound of my lotto xsp puts being set on fire and repeatedly napalmed.
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CheladaAg
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Fake breakout?
Brewmaster
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boyz05 said:

Fake breakout?
certainly could be, but still in a channel, could see 4000 (roughly top of channel now).

Premium
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Charismatic Megafauna said:

What are the chances elon flubbed his interview on purpose yesterday? Might be worth picking up some tsla lottos on today's rug pull


I didn't watch, but know a little through a news article. What part do you think he flubbed and what was damaging to cause a big stock drop?

I'm thinking it's a good buying opportunity. Still lots of people out there wanting to short and find reasons to do so, so I think buying the drops is a good idea. Just my opinion
wanderer
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SPY chopping around MT of 396.54 (MT from 12/22 to 2/2). Coincidence? maybe, but probably not.

The green line was a S/R line I've had drawn in since September. I guess it's still relevant too.
SF2004
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SF2004 said:



Looking at this Tesla Daily. Wouldn't this roll over signal a retrace and be ripe for some puts or selling calls?

Looks to be headed towards the model T on the daily.


You are such a paper handed *****.
Farmer @ Johnsongrass, TX
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Holding my PXD.
Red Pear Luke (BCS)
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Farmer @ Johnsongrass, TX said:

Holding my PXD.


Wish I would have bought calls over shares for the price I spent. But I'm not complaining!
Farmer @ Johnsongrass, TX
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I think the PXD $5.58 div drop tomorrow will be short lived. Rather be Long, either shares or options.

Moving on,....

I figured you bought Calls regarding my XOM post. :- ))

Should see $114 for XOM next week.
ProgN
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Red Pear Luke (BCS)
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Farmer @ Johnsongrass, TX said:

I think the PXD $5.58 div drop tomorrow will be short lived. Rather be Long, either shares or options.

Moving on,....

I figured you bought Calls regarding my XOM post. :- ))

Should see $114 for XOM next week.
I already own a fair clip of $XOM and am probably too overweight on O&G stocks right now but I'm ok with clipping some dividends.

I had some of the March 3rd XOM $110's but I sold those for a 25% gain earlier in the week and took the risk off the table.

DRILL BABY DRILL
ProgN
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Red Pear Luke (BCS) said:




DRILL BABY DRILL
I was saying the same thing as I was posting rally ass gifs.
bmoochie
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Farmer @ Johnsongrass, TX said:

I think the PXD $5.58 div drop tomorrow will be short lived. Rather be Long, either shares or options.

Moving on,....

I figured you bought Calls regarding my XOM post. :- ))

Should see $114 for XOM next week.
I have done Well on XOM this week so thank you!!
spud1910
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Farmer @ Johnsongrass, TX said:

Holding my PXD.
I sold my calls. Did well, but could have held a little longer.
Farmer @ Johnsongrass, TX
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Farmer @ Johnsongrass, TX
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Farmer @ Johnsongrass, TX
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Boy Named Sue
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Today was the first day this week I was able to trade. Bought some SPY calls this morning. I hit the gym around lunch time, so I set some meager profit exits. Then the big run up happened and I missed most of it. Oh well, still did well during the final hour.

Bought some XOM 112Cs for tomorrow. They were cheap enough to be lottos, but 112-113 sure seems easily doable.

I'll be on the beach for most of next week. Still not comfortable trading from my phone, but may play around with it a little bit.
FJ43
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Charismatic Megafauna said:

FJ43 said:

Just a redneck guess. We could see SPY 392.70-393.30…ish tomorrow.

Trade wisely!

I'm looking for 387.37 today. But what's the right answer?


Sorry for the delayed reply. Didn't check the board all day until now. Alerts went off for me today and flashed below my 392.70 range and recovered. Went right into the trend line and lower SR within a few cents.

Here was my chart I set alerts on. Rough chart on phone. Let's see what tomorrow brings.




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

ProgN
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https://www.cnn.com/2023/03/02/business/zoom-bomb-christopher-waller-federal-reserve/index.html

Quote:

A virtual event with Federal Reserve Governor Christopher Waller was canceled on Thursday after the Zoom videoconference was "hijacked" by a participant who displayed pornographic images.


"We were a victim of a teleconference or Zoom hijacking and we are trying to understand what we need to do going forward to prevent this from ever happening again. It is an incident we deeply regret," said Brent Tjarks, executive director of the Mid-Size Bank Coalition of America (MBCA), which hosted the event via a Zoom link. "We have had various programs and this is something that we have never had happen to us."

He said that he suspects one of the security switches that mutes those watching an event was set incorrectly, but he was not yet sure of the details. The decision to cancel was made in consultation with the Fed after the intrusion.
Boy Named Sue
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Admit it, you hacked them ProgN
ProgN
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Boy Named Sue said:

Admit it, you hacked them ProgN
I wish I was that tech savvy because I'd most certainly do it and tell this board to tune in to watch the fun.
Charismatic Megafauna
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Wonder if waller's selection started with rafiki too?
Charismatic Megafauna
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Premium said:

Charismatic Megafauna said:

What are the chances elon flubbed his interview on purpose yesterday? Might be worth picking up some tsla lottos on today's rug pull


I didn't watch, but know a little through a news article. What part do you think he flubbed and what was damaging to cause a big stock drop?

I'm thinking it's a good buying opportunity. Still lots of people out there wanting to short and find reasons to do so, so I think buying the drops is a good idea. Just my opinion

I didn't listen, i just heard that he did a lot of bumbling and saw that the stock didn't like it
I agree, I think every tsla dip is a buying opportunity
Boy Named Sue
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Farmer @ Johnsongrass, TX
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The WS hit piece just before the market opened about the UAE potentially leaving OPEC+ is bull. Buy the dips, sell the rips.
Farmer @ Johnsongrass, TX
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UAE openly disputes WSJ article

Russian exports down 20%

Buy the dips, sell the rips

PXD looks great

Been a great week! Going to the post office, liquor store, and the Summit League Basketball Tournament....here I come!

Y'all make a bunch of money today.

Later!
EngrAg14
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Anyone have a graph of our current channel and key supports?
Looking to see if it's worth investing in some puts out to 3/20 time frame.
Especially with Waller not having spoken
Charismatic Megafauna
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Poor hairy is catching hell today
Boy Named Sue
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SPY about to rip again?
Charismatic Megafauna
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This exact level has brought the smackdown 4x since January on the hourly and it doesn't seem to be showing a lot of conviction right now, so I've got a couple 399p
Spoony Love
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I agree but that usually wasn't on Friday if I'm not mistaken. Fridays are different. SPY is above 400.5 and below 405. This is a trading zone it likes to dip in and out of.
Charismatic Megafauna
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Aaaand that's why i suck at this
Boy Named Sue
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I think it hits 403 today
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