I took the over today and it worked!!!
a bad news headline, load shorts, then short squeeze would be hilarious.$30,000 Millionaire said:
market needs a news catalyst to start the move, I think.
EngrAg14 said:
Anyone have the earnings whisper calendar for this week and next if its out?
#earnings for the week https://t.co/lObOE0dgsr $AMZN $MSFT $META $FRC $KO $BA $VZ $GOOGL $UPS $ENPH $CLF $HAL $MCD $GM $GE $MMM $PEP $XOM $SPOT $INTC $AAL $V $ROKU $RTX $NEE $PHG $CAT $CVX $SNAP $LLY $VLO $LUV $BOH $MA $CROX $SIFY $JBLU $CMG $DOW $MO $ABBV $NOW $DHR $DX $NET… pic.twitter.com/XwpWMeSZbn
— Earnings Whispers (@eWhispers) April 21, 2023
I know you are in something similar, but this was interesting.FJ43 said:
Rangers MDXH held MT from recent low to high.
I have an IRA I trade a little.Boy Named Sue said:
Newbie questions I have that some others might benefit from: What, besides tax implications and liquidity, are the pros and cons of trading options in an IRA account? Do the same Pattern Day Trader rules apply? I'm googling and reading, but thought y'all would probably have other ideas beyond the basics.
lobwedgephil said:I know you are in something similar, but this was interesting.FJ43 said:
Rangers MDXH held MT from recent low to high.
topher06 said:
FJ, have a prediction for the day? Spy looks like it'll open up down 2.00 after the futures market recovered a bit this morning. Seems like every day has gone red to green lately.
$30,000 Millionaire said:
I'm downward biased unless we recapture 4150 and 4160 on ES
FJ43 said:$30,000 Millionaire said:
I'm downward biased unless we recapture 4150 and 4160 on ES
I'm with you. I could argue a recent double top. But…the inverted H&S I could also argue.
How's that for being a fence rider
I know you do your own DD, but here's some freebie - so take it for what it is worth.. XOM has & is experiencing some mass accumulation. First event March 15th to 21st and volume purchases were made at $99 to $107. Second event happening now. Current event is a little more distorted. Reason for the distortion, volume shares aren't available at sub $120 in the Regular Trading Session, regardless what the End of Day Volume reflects. When there are multi-day after hours adjustments made totaling of 2.5 million to 6.0 million in a single day, availability is a problem. Couple the volume tightness to XOM entering daily between 3:50 to 3:54pmET for their buyback of 580k to 640k shares (these are one tick trades and you'll see them if you look at one minute volumes...been happening everyday for over a year). Last, and I think this one is key for the nearby and your setup. MOPEX on Friday with XOM appeared to be pinned at $116. Share price settled at $116.01. I have no idea how many shares got Called away or Exercised, but it was cheaper to source shares in the Options arena then in the open market and Monday's price action proved that. That Friday "$116.01" Settlement was a thing of beauty. Look for $116 as some major support. Dips below $116, if it gets there, will be bought without doubt. I hope this helps you in some way.FJ43 said:
Looking for the play on this. I'm thinking starting a vertical spread by buying the calls on any dip into support then selling the higher strike on any push into resistance. Maybe out to June. Slower moving but could make a buck.
User name checks out.Saltyag15 said:
Dang UPS is getting hammered this morning. Earnings look pretty good, but they are starting to forecast some slow downs in the future.
This one chaps me pretty good. I bought this in 2020 in the mid-90s and panic sold it on a macro tank. Would have doubled my money, and then some, on a great company. Knowing what I know now, I would have never sold a company like them on a macro pullback when positioned so well. Live and learn!
$30,000 Millionaire said:
I want to try a long bit just feel so low probability
FJ43 said:$30,000 Millionaire said:
I want to try a long bit just feel so low probability
At about 408.76ish I could see a bounce there. Close anyway.