Double bottom 3973.31. Big buyer sitting right above the gap fill.

Yeah, I was watching that and I wonder if he's about to lose to the bears.

I don't see that pivot bounce making it further than model t 3988 area as max upside. This is a 3rd wave rule bounce.

Gap filled!

Spy bounced off the 21 daily at 395.60. I think we continue to go lower but something to look at.

Can anyone confirm Pelosi selling stocks at a loss?
Assuming this is true, likely implies a drop and they want the equity for the bottom of it.

Bought SPY 0DTE $396c and 1DTE $398C on the gap fill. Looking to trim at 397.24 (intraday MT)

Bonfire1996 and others might find this interesting:

Now to jump into the chart

The X-axis is unrealized losses as a percentage of Common Equity Tier 1 Capital (CET1) or highest quality of regulatory capital

The y-axis is measuring the percentage of deposits over $250k at each individual bank pic.twitter.com/MiAfLsdyJA

— Michael Burry Stock Tracker ♟ (@burrytracker) March 22, 2023

QQQ looks to be turning over. I bought a lot of June Puts on this sector after the big moves.

EngrAg14 said:

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Can anyone confirm Pelosi selling stocks at a loss?
Assuming this is true, likely implies a drop and they want the equity for the bottom of it.

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I checked the Pelosi stock tracker on twitter, no mention of it yet. although by the time we do catch wind of it, might be too late.

Just one guy claiming it that I see

W😳W Nancy Pelosi sold her stocks for a massive loss

🤔 Inquiring minds want to know Is a stock market crash imminent? pic.twitter.com/DtdfCqb9Sz

— 🦅 Eagle Wings 🦅 (@CRRJA5) March 27, 2023

All the stuff on Pelosi was about sales she made in January (or letting options expire, like RBLX).

We flashed above 3988 SPX Model T and rejected. Just like you'd draw it up!

The retest on it is looking like it's going to hold above it. What do you think?

Please say yes OA

You still in these?

If so, I feel you are about to be very happy with those decisions.

The 0DTE ones? No
Tomorrows 398C? Trimmed some, sold some 1DTE 399c to have free 398/399C verticals, holding onto another.

Congrats to you and your wife! What a blessing and really happy to hear mom and baby are healthy and all good.

Any thoughts on FCNCB having a $249.99 gain for the day with the news they are buying a lot of SVB's assets?

aggielax11 said:

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Any thoughts on FCNCB having a $249.99 gain for the day with the news they are buying a lot of SVB's assets?

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Enjoy your lotto winnings if you were in it.

I got into JPM hoping they would. Swing and a miss.

Yea I saw it late in the day and didn't trust it. I'm sure some people got some lotto winnings, but wasn't this guy

Congrats BSG!

Is anyone flirting with buying some of the regional banks that look "safe"? Obviously there is risk/reward, but hearing more and more that it could be a great time to pick some up. Thoughts?

HoustonAg_2009 said:

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Is anyone flirting with buying some of the regional banks that look "safe"? Obviously there is risk/reward, but hearing more and more that it could be a great time to pick some up. Thoughts?

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I'm accumulating $WAL across all accounts. I saw an analyst on CNBC say it's his top pick and why. I asked Bonfire to look at it and give us his opinion and it was positive. Another friend of mine with deep ties to that sector echoed both of them too. It's also paying 4.2% dividend at it's current price. I think it returns to it's previous trading range of $67-80 when this fear of banks collapsing subsides but you'll get 4.2% on your money while you wait. Here's the segment that brought it to my attention.

Question for our vet members. I've always had small dogs but my son wanted a German Shepard, so now we have one. He spends the days outside and with spring here I know fleas, ticks etc. will become an issue.

What oral monthly meds do you recommend that I get for him to control that? TIA

Brds making another ho at it this morning?

Charismatic Megafauna said:

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Brds making another ho at it this morning?

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2nd round trip for me. The last spike was driven by insider buying, not sure what's causing it this time.


In other news, the 6/21 VIX C30 has an OI of 425k. Something to watch

Thank you both

Any other thoughts on WAL?

...talking about the bank.