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oldarmy1
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I went $417's as I exited the $414 puts out to next Wednesday.
DeangeloVickers
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I'm buying up FUBO. Path is clear to profitability in 2025. They're making deals with MLB teams for exclusivity. It's below two bucks and all-time high is in the 30s. Anyone else?
irish pete ag06
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Welcome to the party!
oldarmy1
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DeangeloVickers said:

I'm buying up FUBO. Path is clear to profitability in 2025. They're making deals with MLB teams for exclusivity. It's below two bucks and all-time high is in the 30s. Anyone else?
Heck if you're a believer buy a bunch of shares and enter 2025 $3 covered calls at $0.90 to either be quasi-net free + added gains on remaining 50% or you reduce your $1.75 entry by $0.45/share on all 100 shares.
$30,000 Millionaire
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notice how as soon as price bids it gets held back?
$30,000 Millionaire
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i'm surprised we aren't selling into the close.
$30,000 Millionaire
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Just sell it already. Sheesh.
$30,000 Millionaire
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Waiting for 2:50 it looks like
Spoony Love
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Wonderful pitching game going on over in the baseball forum.
South Platte
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DeangeloVickers said:

I'm buying up FUBO. Path is clear to profitability in 2025. They're making deals with MLB teams for exclusivity. It's below two bucks and all-time high is in the 30s. Anyone else
Price might drop more. I think the concept is cool although we're sadly tied to DirecTV still.
Ag13
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DeangeloVickers said:

I'm buying up FUBO. Path is clear to profitability in 2025. They're making deals with MLB teams for exclusivity. It's below two bucks and all-time high is in the 30s. Anyone else?
Is this what you are referring to with MLB deal? https://thedesk.net/2023/03/fubo-major-league-baseball-mlb-tv/

Doesn't seem to move the dial much and it is certainly not an exclusive product.
Farmer @ Johnsongrass, TX
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Congratulations to you XOM Longs out there. I don't post much anymore because there's no need. If you're Long XOM or energy, you're in a winning position. Have fun on the free ride up as slow & steady wins the race. (Remember I don't comment on Nat Gas and still don't)

Today,...API numbers reflecting the Big 3 in a DRAW of like 15 mil barrels....Yep! ....Wow!....got freakin' demand? Demand destruction my azzz.

Can't wait for EIA numbers tomorrow. (Those EIA jockey's will be working overtime with their monthly "adjustments" trying to balance the books after the fact, cuz we can't have this Administration looking foolish.)

Saudi oil minister said to the Crude Paper Shorts today...I wouldn't be Short.. <<<< He's right you know..

Figures can lie and liars can figure, but if you torture the data long enough, it's bound to confess. Last year the figures told me the truth. There was a crude short and a refined products short, but I didn't figure JB would try draining the SPR...I missed that one. I'm not missing this year. JB can't flood the market with physical crude. JB and his gang can try to manipulate Crude Futures prices downward, but that's a short term play at best. Saudi is going to show JB how the cow ate the cabbage. I'm on the road the next 10 days burning as much fossil fuel as possible. Y'all have fun and make a bunch of money! $10.00 per gallon gasoline, give it to me. I was adding to my XOM position on that ride down over the last coupla weeks. Gotta buy the dips if you want to sell the rips.

Have a great Memorial Day! Never forget.
Red Pear Luke (BCS)
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Farmer @ Johnsongrass, TX said:

Congratulations to you XOM Longs out there. I don't post much anymore because there's no need. If you're Long XOM or energy, you're in a winning position. Have fun on the free ride up as slow & steady wins the race. (Remember I don't comment on Nat Gas and still don't)

Today,...API numbers reflecting the Big 3 in a DRAW of like 15 mil barrels....Yep! ....Wow!....got freakin' demand? Demand destruction my azzz.

Can't wait for EIA numbers tomorrow. (Those EIA jockey's will be working overtime with their monthly "adjustments" trying to balance the books after the fact, cuz we can't have this Administration looking foolish.)

Saudi oil minister said to the Crude Paper Shorts today...I wouldn't be Short.. <<<< He's right you know..

Figures can lie and liars can figure, but if you torture the data long enough, it's bound to confess. Last year the figures told me the truth. There was a crude short and a refined products short, but I didn't figure JB would try draining the SPR...I missed that one. I'm not missing this year. JB can't flood the market with physical crude. JB and his gang can try to manipulate Crude Futures prices downward, but that's a short term play at best. Saudi is going to show JB how the cow ate the cabbage. I'm on the road the next 10 days burning as much fossil fuel as possible. Y'all have fun and make a bunch of money! $10.00 per gallon gasoline, give it to me. I was adding to my XOM position on that ride down over the last coupla weeks. Gotta buy the dips if you want to sell the rips.

Have a great Memorial Day! Never forget.


ProgN
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Farmer @ Johnsongrass, TX said:

Congratulations to you XOM Longs out there. I don't post much anymore because there's no need. If you're Long XOM or energy, you're in a winning position. Have fun on the free ride up as slow & steady wins the race. (Remember I don't comment on Nat Gas and still don't)

Today,...API numbers reflecting the Big 3 in a DRAW of like 15 mil barrels....Yep! ....Wow!....got freakin' demand? Demand destruction my azzz.

Can't wait for EIA numbers tomorrow. (Those EIA jockey's will be working overtime with their monthly "adjustments" trying to balance the books after the fact, cuz we can't have this Administration looking foolish.)

Saudi oil minister said to the Crude Paper Shorts today...I wouldn't be Short.. <<<< He's right you know..

Figures can lie and liars can figure, but if you torture the data long enough, it's bound to confess. Last year the figures told me the truth. There was a crude short and a refined products short, but I didn't figure JB would try draining the SPR...I missed that one. I'm not missing this year. JB can't flood the market with physical crude. JB and his gang can try to manipulate Crude Futures prices downward, but that's a short term play at best. Saudi is going to show JB how the cow ate the cabbage. I'm on the road the next 10 days burning as much fossil fuel as possible. Y'all have fun and make a bunch of money! $10.00 per gallon gasoline, give it to me. I was adding to my XOM position on that ride down over the last coupla weeks. Gotta buy the dips if you want to sell the rips.

Have a great Memorial Day! Never forget.


Safe journey my friend.
BaylorSpineGuy
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Is it time to get long IEP? Double bottom with RSI divergence? It out in a red hammer candle today. Ex div was last week but is this stock done being tortured?

The long term chart doesn't look super good, but certainly the financials of IEP can't be worse than CVNA, right? Is it going belly up? Pays a $2/share quarterly divvy.
ProgN
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Howdy doc

I have no advice regarding IEP because I've never researched it. That said, Icahn has long been a heavyweight on Wall Street, whose opinion on individual corporations move their stock price. Of course, Bernie Madoff was too and look where he is.

I wouldn't apply any technical analysis trying to pick an entry price because it's not relevant. This would be an all or nothing type of play. If he's innocent and vindicated, then it's more than a homerun, but if he's guilty you'll lose everything. That's too risky even for me and I'm aggressive. I'm reminded of the saying 'if you come at the king, best not miss". The accusations against him isn't based on hearsay because if it can't be proven, they will be destroyed. I'd set this one out my friend and grab some popcorn because it's going to be a hell of a show.

How's baby bear doing? I hope everyone is doing great.
BaylorSpineGuy
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ProgN said:

Howdy doc

I have no advice regarding IEP because I've never researched it. That said, Icahn has long been a heavyweight on Wall Street, whose opinion on individual corporations move their stock price. Of course, Bernie Madoff was too and look where he is.

I wouldn't apply any technical analysis trying to pick an entry price because it's not relevant. This would be an all or nothing type of play. If he's innocent and vindicated, then it's more than a homerun, but if he's guilty you'll lose everything. That's too risky even for me and I'm aggressive. I'm reminded of the saying 'if you come at the king, best not miss". The accusations against him isn't based on hearsay because if it can't be proven, they will be destroyed. I'd set this one out my friend and grab some popcorn because it's going to be a hell of a show.

How's baby bear doing? I hope everyone is doing great.


Thanks for your input, chief! Baby boy is doing great. Growing like a weed! Just stacking my chips to buy a home later this year. Taking it easy on the markets these days. Trying a trade here and there but not feeling like I'm missing too much. My heart is for my family, so all my extra money is earmarked for a home. The market will always be around.

Hope you're well. Golf and dinner when you're up my way!
ProgN
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South Platte
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WTH are we supposed to do with MARA? Chart looks like the Grand Tetons. Is this just gambling?
txaggie_08
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Farmer @ Johnsongrass, TX said:

Congratulations to you XOM Longs out there. I don't post much anymore because there's no need. If you're Long XOM or energy, you're in a winning position. Have fun on the free ride up as slow & steady wins the race. (Remember I don't comment on Nat Gas and still don't)

Today,...API numbers reflecting the Big 3 in a DRAW of like 15 mil barrels....Yep! ....Wow!....got freakin' demand? Demand destruction my azzz.

Can't wait for EIA numbers tomorrow. (Those EIA jockey's will be working overtime with their monthly "adjustments" trying to balance the books after the fact, cuz we can't have this Administration looking foolish.)

Saudi oil minister said to the Crude Paper Shorts today...I wouldn't be Short.. <<<< He's right you know..

Figures can lie and liars can figure, but if you torture the data long enough, it's bound to confess. Last year the figures told me the truth. There was a crude short and a refined products short, but I didn't figure JB would try draining the SPR...I missed that one. I'm not missing this year. JB can't flood the market with physical crude. JB and his gang can try to manipulate Crude Futures prices downward, but that's a short term play at best. Saudi is going to show JB how the cow ate the cabbage. I'm on the road the next 10 days burning as much fossil fuel as possible. Y'all have fun and make a bunch of money! $10.00 per gallon gasoline, give it to me. I was adding to my XOM position on that ride down over the last coupla weeks. Gotta buy the dips if you want to sell the rips.

Have a great Memorial Day! Never forget.
things are weird in the O&G market. Let's see where it goes.
Brewmaster
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South Platte said:

WTH are we supposed to do with MARA? Chart looks like the Grand Tetons. Is this just gambling?
it looks better than I thought it would... stuck in a box range for the last month too, here's hourly chart, stuck between 8.50 and 10.70 (roughly).

on the daily, it could in theory, complete a cup like formation back to 15's, going back to October last year.



although, trade it as long as you believe in Bitcoin. It's not for me! but just my 2 cents. Sell CC's like Ragoo, sell em on the rips buy back on the dips.
FishrCoAg
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Brewmaster said:

South Platte said:

WTH are we supposed to do with MARA? Chart looks like the Grand Tetons. Is this just gambling?
it looks better than I thought it would... stuck in a box range for the last month too, here's hourly chart, stuck between 8.50 and 10.70 (roughly).

on the daily, it could in theory, complete a cup like formation back to 15's, going back to October last year.



although, trade it as long as you believe in Bitcoin. It's not for me! but just my 2 cents. Sell CC's like Ragoo, sell em on the rips buy back on the dips.


Or sell close OTM puts when it is in the lower end of the range, then CC's if you get assigned.
Heineken-Ashi
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Or stop wasting time and energy trying to find ways to make pennies on burst bubbles. Find the ones the wind is carrying up and profit.

Gotta admit. That analogy worked better than I expected when I started typing.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
$30,000 Millionaire
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Kind of looks like a day to avoid, at least for indexes.

Zero interest in the 4130s again on ES for me.
FJ43
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FJ43 said:

Trimming 25% more of June VIX calls here at 19.


Trimmed 25% more June VIX here at 20
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

FJ43
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Needs to bounce right here.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

irish pete ag06
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Towns03 said:

irish pete ag06 said:

XOM opening above the 8 day and about to tap the 21
What's the translation for the lurkers/learners here? does that mean we're up against resistance or something is about to blow?
To answer your question better. I use the 8/21 like OA uses model T. These 2 lines are usually points of resistance/support and how they are stacked indicates momentum.

XOM rejected off the 21 yestertday, but closed above the 8. Gapped up this morning and looks to be re-testing the 21 again today. If it can move above and stay above the 21, we should see those 2 EMAs cross to the positive and indicate an uptrend.



Edit to say by no means am I within any realm of a trader that OA1 is. I just focus on the 8/21 and the beer candles. Most of my trades are swings. I'm long XOM and ERX currently.
$30,000 Millionaire
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Played small. Made money.

Let's see if a fake breakdown happens

$30,000 Millionaire
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Adaptability is important in trading. Maybe the second most important thing besides risk Mgmt.
Towns03
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thanks!
Spoony Love
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I've got a SPY downward trendline from when it broke through last week that it has bounced off of twice today. If it loses that trendline, nothing stopping it until around 408
Farmer @ Johnsongrass, TX
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Good morning. North side of Omaha NE.

EIA says 12.5 million barrel DRAW on crude alone.

Wowzer!

Saudi will cut in first week of June with announcement. They have been truthful going on 2 years. Saudi said yesterday not to be short crude.

Me likey!
Rydyn
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408 is also the 50day MA (407.92)
Towns03
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Farmer @ Johnsongrass, TX said:

Good morning. North side of Omaha NE.

EIA says 12.5 million barrel DRAW on crude alone.

Wowzer!

Saudi will cut in first week of June with announcement. They have been truthful going on 2 years. Saudi said yesterday not to be short crude.

Me likey!
What oil stocks do you buy into besides XOM?

Is Permian Resources a good way to take advantage of oil price?
South Platte
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sts7049 said:

SF2004 said:

$XOM pumping did not age well on here.


would rather listen to that "pumping" than your never ending complaining
I wonder if SF jumped into XOM anyway. Slow upward crawl has been nice.
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