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24,928,068 Views | 233714 Replies | Last: 4 hrs ago by jamey
$30,000 Millionaire
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see why i waited?
$30,000 Millionaire
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i tend to think bulls defend here.
Golf1
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Not a bad idea with Powell speaking to house again tomorrow also. If spy can hit $401 again today I might jump in some 396s tomorrow.
Brewmaster
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bulls need volume, they seem to be taking the day off
$30,000 Millionaire
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watch for a stop raid and then rally as a sign to go long.
Spoony Love
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I hope this happens
$30,000 Millionaire
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it would look like this. don't go long yet. wait for recovery.
Charismatic Megafauna
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What if you already drew a level at 400.62 and went long at the first flash under and recovery?
(asking for a friend who sucks at trading. Totally not me)
ProgN
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Spoony Love
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Can't tell if its bulls or algos defending 400 right now. But come to think of it, how would you tell?
$30,000 Millionaire
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wait for 15 minute close above 4010.
bmoochie
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Not a peep about WWR up 11%?! only about 17 more of these days and we will be golden
Saltyag15
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bmoochie said:

Not a peep about WWR up 11%?! only about 117 more of these days and we will be golden
FIFY
FTAG 2000
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$30,000 Millionaire said:

wait for 15 minute close above 4010.
Well, we are there, thirty minutes now.

But I thought we are in the don't trade window over the lunch period?
wanderer
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Would take 15 more days of 11% growth/day to get back to $5
$30,000 Millionaire
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Well, I got smoked. Didn't take profit fast enough.
Spoony Love
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Me too but I still have the 395p for tomorrow that can maybe cover the loss.
cjo03
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bmoochie said:

Not a peep about WWR up 11%?! only about 17 more of these days and we will be golden

shhhhhhhh..... because we don't want to jinx it.
wanderer
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$30,000 Millionaire said:

$PPG looks outstanding on a pull back to 130-132. Would not buy here.
We're there. At 130.45 now
FTAG 2000
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Anyone in SE?

Time to head to the Red Lobster if so.
Fightin2010
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Is WWR up because the thinking is that there will be a hostile takeover? Wasn't there an offer at like $1.40?
Rydyn
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Fightin2010 said:

Is WWR up because the thinking is that there will be a hostile takeover? Wasn't there an offer at like $1.40?
No. I think it's because they finally got solid financing to finish construction.

Once the stock dropped below ~$5, they didn't have enough shares to sell to finance it so it's been a big question whether they could.
Fightin2010
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Thank you. Must've missed that.
Carioca Corredor
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Bulls best get some backbone, soon!
FJ43
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FJ43 said:

Charismatic Megafauna said:

FJ43 said:

irish pete ag06 said:


I want to see this happen and VIX crush down into the mid to low 18s or even 17s. I will be a buyer on calls out 45-60 days as a trade.

We buying vxx calls yet?


I started scaling in for April monthly today.

I vote tomorrow is a sell..ish day. Probably just a backtest but not expecting more move up.





Yep….sell day. Backtest of 200

VIX calls are green but I'm holding given April monthly.


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

FJ43
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If you like risk 405c for Friday aren't bad for a bounce in next day or so.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Ag CPA
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2-yr over 5%, cray-cray.

And probably bigger news is that the 2-10 inversion is now 100 bps.
Brewmaster
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FJ43 said:

If you like risk 405c for Friday aren't bad for a bounce in next day or so.
in! I like the volume coming in here too, the buy side that is
Dan Scott
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I guess it all comes down to Friday jobs report to reverse this move in rates
LMCane
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after hours

Rivian $14.48

in 2021 it was $129 at one point
Charismatic Megafauna
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Charismatic Megafauna said:

Jpow speaking tomorrow and wed, swangin a couple puts

Sold these for +50%, last time i checked they were 4x. Ouch.
ProgN
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You can bet your ass Jpow's family and friends held them.
FTAG 2000
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I'm bullish for tomorrow.

No other reason than everyone expects JPow to tank it more tomorrow.
Red Pear Luke (BCS)
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This just leaked - JPOW was found listening to this prior to his meeting on Capitol Hill....

Farmer @ Johnsongrass, TX
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API reports a draw on crude oil today.

Quote:

    Stocks of crude oil in the United States fell by 3.835 million barrels in the week ended March 3rd, 2023, following a 6.203 million barrels gain in the previous week, data from the American Petroleum Institute showed. It was the first decline in crude oil inventories since the week ended February 3rd, 2023, and the biggest drop in crude oil inventories since the week ended December 2nd, 2022, while the market expected a 0.308 million barrels fall.


We'll see what DOE/EIA reports tomorrow.

Crude down today based on Jerome Powell's comments and US$ strength.

Tomorrow, I say crude is going up. At some point, Powell's comments and interest rate hike talk and a stronger dollar will not be enough to fend off crude. That part will not be tomorrow, but it's coming. That's my bet.
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