That was quite a shake. I grabbed a couple xsp 415/416/417 flys
Stock Markets
24,922,646 Views |
233710 Replies |
Last: 9 min ago by South Platte
Charismatic Megafauna
Joined:
May 22, 2017
Posts:
7,979
How long do you want to ignore this user?
AG
Sidenote, how about NNOX?
Got their approval for the multi-image ARC this week. Announced a stock offering this morning, and it's already shaken that off to continue on.
Got their approval for the multi-image ARC this week. Announced a stock offering this morning, and it's already shaken that off to continue on.
Holy cow. Yes, still doing the corporate stuff in a C job now. Don't be a stranger!
How are you?
How are you?
I don't see anything that even remotely resembles a non random move. Premiums still through the nose. You gonna lose if you're playing options.
Violently sideways
No thanks
I think 30k needs to come tailgate with us this Fall. Don't you, Foggy?
How small . . . I bought a whopping 12 shares.
I'm game.
got out at b/ejimmo said:
XOM
took a small long here
will look for cleaner entry... maybe after JP st_u
50 
Mostly Foggy Recollection
Joined:
Oct 5, 2020
Posts:
7,771
How long do you want to ignore this user?
$30,000 Millionaire said:
Holy cow. Yes, still doing the corporate stuff in a C job now. Don't be a stranger!
How are you?
I'm good man. Outside of cutting way back online, I've started a similar role to you, moving to rural Colorado County and enjoying the kids more mature ages enormously.
Outside of that, 95% of my holdings (including retirement) are in commodities, mines, real estate, precious metals and Bitcoin.
I'll hang around more to offer thoughts but my equities trading is very very limited these days.
Don't see anything that looks high probability. They could still trap
SPY support level just under 408 could be a good trap
It's never good to look back but I started following SMCI a few months ago around $70 and didn't buy it. Seeing it's move today feels like I've been hit in the nuts with a bat.
Mostly Foggy Recollection
Joined:
Oct 5, 2020
Posts:
7,771
How long do you want to ignore this user?
My educated guess on future Fed actions…
May 2 to 3 - Hike
June 13 to 14 - Pause
July 25 to 26 - Cut
September 19 to 20 - Cut
October 31 to November 1 - Cut
December 12 to 13 - Cut
May 2 to 3 - Hike
June 13 to 14 - Pause
July 25 to 26 - Cut
September 19 to 20 - Cut
October 31 to November 1 - Cut
December 12 to 13 - Cut
Good news for bulls. Initial big break move is down side. See if the initial move is a premium eating stop trigger trap like usual. AAPL could start the rally.
true. past FOMCs saw big pushes up to Wed close; followed by bloodbath into the weekend.oldarmy1 said:
Good news for bulls. Initial big break move is down side. See if the initial move is a premium eating stop trigger trap like usual. AAPL could start the rally.
Yup. We dropped exactly to that new trend line channel support mark. I mean EXACTLY.
$SPX drew the lines for you and, big surprise, the selling ended right on the lower trend line support. Tell me that computers aren't running the markets... https://t.co/jwsj6IeskR pic.twitter.com/6rQ3TZ7HXk
— Disciplined Trading (@oldarmy1) May 3, 2023
PACW going bye bye
You want more inflation? This is how you get it.Mostly Foggy Recollection said:
My educated guess on future Fed actions…
May 2 to 3 - Hike
June 13 to 14 - Pause
July 25 to 26 - Cut
September 19 to 20 - Cut
October 31 to November 1 - Cut
December 12 to 13 - Cut
is WAL on the way out? or a good hold?
Wonder which mega bank will get free assets on the taxpay dime?
Mostly Foggy Recollection
Joined:
Oct 5, 2020
Posts:
7,771
How long do you want to ignore this user?
It wasn't until the past 12 months, that I realized the Fed operates well outside their two mandates and does so blatantly while trying to paper over their hot potato with a word salad about the actual mandates they should be paying attention to.SF2004 said:You want more inflation? This is how you get it.Mostly Foggy Recollection said:
My educated guess on future Fed actions…
May 2 to 3 - Hike
June 13 to 14 - Pause
July 25 to 26 - Cut
September 19 to 20 - Cut
October 31 to November 1 - Cut
December 12 to 13 - Cut
This Administration, Treasury and Fed is an absolute clown show.... if you believe they think their actions are what is best for the common individual. OR, they are truly destroying the last remaining fabric left in this country. If we had true representation in Congress, the Fed could easily go away, but alas, they all have puppeteers too.
I'm holding it and will add after the bloodletting.Towns03 said:
is WAL on the way out? or a good hold?
Their earnings were 2 weeks ago and it was a solid report.
The Fed's job is to protect the big banks and their masters, and socialize their risks and losses through the American taxpayer.Mostly Foggy Recollection said:It wasn't until the past 12 months, that I realized the Fed operates well outside their two mandates and does so blatantly while trying to paper over their hot potato with a word salad about the actual mandates they should be paying attention to.SF2004 said:You want more inflation? This is how you get it.Mostly Foggy Recollection said:
My educated guess on future Fed actions…
May 2 to 3 - Hike
June 13 to 14 - Pause
July 25 to 26 - Cut
September 19 to 20 - Cut
October 31 to November 1 - Cut
December 12 to 13 - Cut
This Administration, Treasury and Fed is an absolute clown show.... if you believe they think their actions are what is best for the common individual. OR, they are truly destroying the last remaining fabric left in this country. If we had true representation in Congress, the Fed could easily go away, but alas, they all have puppeteers too.
Nothing more, nothing less.
Gonna be brutal tomorrow at the open. Any chance we see SPY 400 tomorrow?
A lot can happen by market open tomorrow but need to break under $404 and then there's a good chance then to see $400
dayum! my first 7x put play, but if only I had re-entered! going to go vomit now, lol.ryanhnc10 said:
PACW going bye bye
With the Fed selloff today and PACW news and QCOM down big AH, it's gonna be bloody.Golf1 said:
A lot can happen by market open tomorrow but need to break under $404 and then there's a good chance then to see $400
yep this, take out April 26th low. and then this thing gets real ugly.Golf1 said:
A lot can happen by market open tomorrow but need to break under $404 and then there's a good chance then to see $400
another rate increase means more banks will go under, market is pricing that in now (and with individual bank names)
crude oil making a big swing...
not sure why
XOM following of course
not sure why
XOM following of course
Two days in a row with no trades. Hoping tomorrow has got something interesting.
Need to see FJ give us an evening update on his charts!
One I'm looking at closely is SPY March 2nd lows to March 13 lows($27 drop from highs) looks very very similar to April 26 to present.($12 drop so far)
One I'm looking at closely is SPY March 2nd lows to March 13 lows($27 drop from highs) looks very very similar to April 26 to present.($12 drop so far)
No magic.
406, 405, and 404 are the levels to watch.
406, 405, and 404 are the levels to watch.
Featured Stories
See All
A&M at risk of undercut when undertaking trip to underrated Auburn
by Olin Buchanan
48:02
10h ago
3.0k
5:59
7h ago
1.2k
16:53
11h ago
2.6k
Captain Hindsight 20/20
WTF is Texas Aggies United doing with this post….
in Billy Liucci's TexAgs Premium
63