Took SOXL profits too early. Thinking about some SOXS at the close today.
Stock Markets
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Last: 1 hr ago by Talon2DSO
Can anyone explain the rise and fall of FUBO to me over the past 5 years? Is it just extreme hype pushing the price up way past where it should be and down way past where it should be?
Feel free to tell me I'm an idiot for thinking it's valued incorrectly either way.
Feel free to tell me I'm an idiot for thinking it's valued incorrectly either way.
Broadcom $AVGO reports earnings after the close today.Brian Earl Spilner said:
Took SOXL profits too early. Thinking about some SOXS at the close today.
Thanks, good to know.
I jumped into AMD last year at $58. Jumped out at $61. Not my best effort. Well done.
I believe it was an Atlas pump briefly too, so post pump, those names always get absolutely crushed. Just ask WWR holders.Definitely Not A Cop said:
Can anyone explain the rise and fall of FUBO to me over the past 5 years? Is it just extreme hype pushing the price up way past where it should be and down way past where it should be?
Feel free to tell me I'm an idiot for thinking it's valued incorrectly either way.
but small caps got obliterated when the market started to sell off. Money at that point was only in the mega caps -- which is VERY similar to 2000 I believe. Market propped up by mega caps, then recession.
Well, I am in "don't lose your ass on Friday" territory with my week and month of May gains. Will probably take it easy tomorrow.
NVDA and TSLA are worth trading both directions.
NVDA and TSLA are worth trading both directions.
You don’t trade for money, you trade for freedom.
I've got a LinkedIn invitation from a financial advisor that went to A&M, probably a poster on this thread. I'm trying to decide what to say.
You don’t trade for money, you trade for freedom.
Ask him if he is interested in a one of a kind graphite stock. Prices will never be this low again!
pumpjack2 said:Stopped out for a quick 25% on thesepumpjack2 said:
ENPH breached the $177 level OA mentioned on twitter as the entry point for Jun 9 calls
Glad you made some quick money. One word on these key breakouts I give. Waiting for them is because I have calculated the supply zone ending and have high confidence of a significant run up the day it breaks.
I tried to convey that in the tweet reply to the person asking when to get in. This was the pullback to enter calls.
https://imgur.com/a/tf1uQFa
I'm going to ask how many WWR shares they own.
You don’t trade for money, you trade for freedom.
bmoochie said:
Ask him if he is interested in a one of a kind graphite stock. Prices will never be this low again!
Did you buy at .79 the other day?
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
I thought it was going down a little more so no. I'm realizing I could probably flip some shares buying there and selling in the $.90s-$1 range on the bounce back up to keep lowering cost basis.
I love those messages on LinkedIn and its always someone who is less then 3 years removed out of school...$30,000 Millionaire said:
I've got a LinkedIn invitation from a financial advisor that went to A&M, probably a poster on this thread. I'm trying to decide what to say.
FJ43 said:bmoochie said:
Ask him if he is interested in a one of a kind graphite stock. Prices will never be this low again!
Did you buy at .79 the other day?
4th time, even though you alerted the army. Frankly it's been one of the better ROI trades while waiting. I buy 50k shares. Sell 25k shares at $1.20 (higher one time due to news pop) and then sell $1 covered calls for extra premium that has expired worthless each cycle.
That's a cool approach and all.......but have you tried buying in at $5, buying in harder at $4, buying in harder at $3, then sitting on hands while you watch it plummet sub $1? Then continue to be afraid to sell CCs cause you know the second you do it'll pop and you'll end up getting called out at a third of your basis price?
wanderer said:
That's a cool approach and all.......but have you tried buying in at $5, buying in harder at $4, buying in harder at $3, then sitting on hands while you watch it plummet sub $1? Then continue to be afraid to sell CCs cause you know the second you do it'll pop and you'll end up getting called out at a third of your basis price?
I know that stinks. Timing was everything for early buyers. I can't tell you to hold on or not, only that I am in for the duration. And I'm with you on the no covered calls for long holdings.
Sorry to be sally-come-lately to the student loan discussion, but I'm a millennial that decided to HAMMER my student loans in the zero interest environment. Should be done in about 2 months.
I speak on student loans and personal finance at professional schools and conferences, and you wouldn't believe the number of faculty "advisors" that are encouraging students to NOT pay down/off their student debt. It warrants its own thread, but the students/recent grads are always amazed when they see how much interest you can save just paying a little extra. Makes the 10k Biden bailout seem like pennies.
I speak on student loans and personal finance at professional schools and conferences, and you wouldn't believe the number of faculty "advisors" that are encouraging students to NOT pay down/off their student debt. It warrants its own thread, but the students/recent grads are always amazed when they see how much interest you can save just paying a little extra. Makes the 10k Biden bailout seem like pennies.
reineraggie09 said:
Sorry to be sally-come-lately to the student loan discussion, but I'm a millennial that decided to HAMMER my student loans in the zero interest environment. Should be done in about 2 months.
I speak on student loans and personal finance at professional schools and conferences, and you wouldn't believe the number of faculty "advisors" that are encouraging students to NOT pay down/off their student debt. It warrants its own thread, but the students/recent grads are always amazed when they see how much interest you can save just paying a little extra. Makes the 10k Biden bailout seem like pennies.
Thanks for sharing. I boringly watched the bull market of the millennium pass me by while I paid down $335K of student loans. Pleased to be debt free. Realize I could've perhaps done better having put the money in the market, but I will never cry about being debt free.
I felt I couldn't fly higher if I was chained down by student loans. I dragged a lot of that debt from the time I started college (2002) until I finished Med school (2010). I was all square as of last July, and it's been the most satisfying feeling financially for me.
Fantastic! Well done and I can't wait to join the club. Graduated vet school in 2014. Not as much debt but in the 6 figures.
Just hanging out with my friend who only trades NQ and 0dte SPX pic.twitter.com/g0yThAJy5L
— AlgoFlows | Futures, Equities & Crypto (@algoflows) June 2, 2023
So uh, yeah and stuff.
You don’t trade for money, you trade for freedom.
I'm with you. Set alerts and keep playing the game. Just keeping building long holdings in it by managing the trading shares.
Net free is a thing ya know.
Net free is a thing ya know.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
bmoochie said:
I thought it was going down a little more so no. I'm realizing I could probably flip some shares buying there and selling in the $.90s-$1 range on the bounce back up to keep lowering cost basis.
Sorry for the rough phone chart. For me I bought at .79 at the play for double bottom/support. Tricky as it was but tight trying to peg a bottom. Risk off on this trade for me is .76. RR is worth the trade with my trading rules.
This one for me is keep building net free over and over. Not for everyone but has been a decently easy trade with patience.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
132 completed the extension of its move starting from October lows.Chipotlemonger said:
Anyone charting AMAT or AMD? I got in on both at good points last year and am sitting pretty. Wondering what everyone else is thinking about their price right now.
Farmer @ Johnsongrass, TX
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Good evening. Saw BSG mention me a couple pages back. I was out for 9 days. I didnt go go to catch up on all I missed. We took in the Coca-Cola 600 at the Charlotte Motor Speedway.
- XOM, still Long and getting longer.
- Small specs are being blamed for driving down crude paper. I'd say it's the NY Fed.
- Appears crude paper shorts started evening up today ahead of the OPEC meeting this weekend
- OPEC will cut production. OPEC getting Russia back in line ...who did not follow through on their announced cuts to punish the West
- Russian refineries were attacked by drones this week
- Saudi is telling the truth when they speak. Lies went a long way with them for years, but it appears they are having a cultural change. I dont think I'd be short crude paper going into this weekend.
- API & EIA showed massive draws 2 weeks ago and showed small builds this week. After you subtract out the congressional mandated SPR sales the build is small...and that is good because it shows demand is still high and growing. Congressional SPR sales should be complete by mid June.
- JB Administration is still trying to buy some crude to refill the SPR. This second round of bid requests were due May 28th (I think) and results announced June 8th (I think). This Administration will not refill the SPR.
- EIA reduced crude production numbers FINALLY. EIA kept reporting less production but never changed the forecast until now.
- Rig count continues to decrease.
- The bottomline,...U.S. Big Oil has no incentive to produce, Saudi was wounded from Covid as oil prices plummeted and their economy contracted. Saudi is trying to recover and need $80, or higher, oil price, U.S. is in heavy demand season and Big 3 draws will continue to be reported by EIA & API, Q3 and Q4 are shaping up for significant move upward in energy equities and paper crude. Those mass accumulation moves of energy shares continue, XOM had a 7.2 million adjustment 15 minutes after the final bell yesterday, other energy equities reporting the same type adjustments. WS big money is collecting energy shares IMO. A big move up is coming, share volume manipulation after the bell is telling. Same volume movements happened just before XOM hit the new ATH. Just way too many volume events not making sense as this is not After Hours trading..
They are adjustments. With the current WTI price XOM should have been in the low 90's by now......$102 is pretty rock solid support and it shows. The XOM:PXD spread broke $100 yesterday and that's a sign to add PXD. The closer you can buy PXD to a $95 XOM spread - it's pure money on the PXD side. Im not in the recession camp. Recession with these employment and jobs numbers?...i say no way. Highways were packed to and from NC. There was inflation everywhere, but I didnt see recesdion. $24.99 turkey legs and $11.78 for a 24oz can of beer at the Charlotte Motor Speedway didnt slow anyone down. I'm just "Moo X 2".
As for bourbon. I picked up 2 bottles of Rua in North Carolina. It's a single malt whiskey. Cant buy it outside of NC. Gave one to my local liquor store guy today and he got me an E.H. Taylor barrel proof. Before we left for NC he got me an Elijah Craig barrel proof. I gotta take care of my guy. He has a Pappy Van Winkle coming to me in Dec.
I hope this info helps in some way.
- XOM, still Long and getting longer.
- Small specs are being blamed for driving down crude paper. I'd say it's the NY Fed.
- Appears crude paper shorts started evening up today ahead of the OPEC meeting this weekend
- OPEC will cut production. OPEC getting Russia back in line ...who did not follow through on their announced cuts to punish the West
- Russian refineries were attacked by drones this week
- Saudi is telling the truth when they speak. Lies went a long way with them for years, but it appears they are having a cultural change. I dont think I'd be short crude paper going into this weekend.
- API & EIA showed massive draws 2 weeks ago and showed small builds this week. After you subtract out the congressional mandated SPR sales the build is small...and that is good because it shows demand is still high and growing. Congressional SPR sales should be complete by mid June.
- JB Administration is still trying to buy some crude to refill the SPR. This second round of bid requests were due May 28th (I think) and results announced June 8th (I think). This Administration will not refill the SPR.
- EIA reduced crude production numbers FINALLY. EIA kept reporting less production but never changed the forecast until now.
- Rig count continues to decrease.
- The bottomline,...U.S. Big Oil has no incentive to produce, Saudi was wounded from Covid as oil prices plummeted and their economy contracted. Saudi is trying to recover and need $80, or higher, oil price, U.S. is in heavy demand season and Big 3 draws will continue to be reported by EIA & API, Q3 and Q4 are shaping up for significant move upward in energy equities and paper crude. Those mass accumulation moves of energy shares continue, XOM had a 7.2 million adjustment 15 minutes after the final bell yesterday, other energy equities reporting the same type adjustments. WS big money is collecting energy shares IMO. A big move up is coming, share volume manipulation after the bell is telling. Same volume movements happened just before XOM hit the new ATH. Just way too many volume events not making sense as this is not After Hours trading..
They are adjustments. With the current WTI price XOM should have been in the low 90's by now......$102 is pretty rock solid support and it shows. The XOM:PXD spread broke $100 yesterday and that's a sign to add PXD. The closer you can buy PXD to a $95 XOM spread - it's pure money on the PXD side. Im not in the recession camp. Recession with these employment and jobs numbers?...i say no way. Highways were packed to and from NC. There was inflation everywhere, but I didnt see recesdion. $24.99 turkey legs and $11.78 for a 24oz can of beer at the Charlotte Motor Speedway didnt slow anyone down. I'm just "Moo X 2".
As for bourbon. I picked up 2 bottles of Rua in North Carolina. It's a single malt whiskey. Cant buy it outside of NC. Gave one to my local liquor store guy today and he got me an E.H. Taylor barrel proof. Before we left for NC he got me an Elijah Craig barrel proof. I gotta take care of my guy. He has a Pappy Van Winkle coming to me in Dec.
I hope this info helps in some way.
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AG
Farmer @ Johnsongrass, TX said:
E.H. Taylor barrel proof.
One of my very favorites...
Ha, that's kinda interesting for me to hear about it from that POV. I've worked in competing firms against him and was always jealous of how that MFer would jet in somewhere and close. Unlike Dell (who is a bit stiff in those scenarios)...$30,000 Millionaire said:Literally one of my least favorite tech CEOs. He personally really messed things up for me in a prior job. Helicoptered in and made all these promises for what Salesforce could do, completely brushed aside valid concerns with their plan, and hard committed to dates and scope. Anything to get the sale, I guess. Legitimate disaster and the last thing you want to own is implementation results for something you know isn't realistic.$30,000 Millionaire said:
Benioff is such a smug SOB. Love to see him take it in the shorts.
On the flip side, it was pretty awesome that every time their team couldn't deliver something I got to say "get Benioff on the phone and let's have a discussion on why you can't meet the dates he promised for you". Those poor guys worked 24/7 and still couldn't get it right.
Debt ceiling deal passes Senate.
All I know is that Arista has beat the pants off of Cisco at a few clients I work with...more technical folks than me are true believers with their software. I've been long with them ever since.LMCane said:
any thoughts on ANET and SMCI in the server storage field?
dreyOO said:All I know is that Arista has beat the pants off of Cisco at a few clients I work with...more technical folks than me are true believers with their software. I've been long with them ever since.LMCane said:
any thoughts on ANET and SMCI in the server storage field?
NOW you tell us.
Farmer @ Johnsongrass, TX said:
As for bourbon. I picked up 2 bottles of Rua in North Carolina. It's a single malt whiskey. Cant buy it outside of NC. Gave one to my local liquor store guy today and he got me an E.H. Taylor barrel proof. Before we left for NC he got me an Elijah Craig barrel proof. I gotta take care of my guy. He has a Pappy Van Winkle coming to me.
weekend trip to charlotte 2 weeks ago but didn't find anything noteworthy. if your guy wants to bootleg some E.H. (any of it) to UT, you know where to find me. I'm running low here… state run liquor stores are boring.
Farmer @ Johnsongrass, TX said:
As for bourbon. I picked up 2 bottles of Rua in North Carolina. It's a single malt whiskey. Cant buy it outside of NC. Gave one to my local liquor store guy today and he got me an E.H. Taylor barrel proof. Before we left for NC he got me an Elijah Craig barrel proof. I gotta take care of my guy. He has a Pappy Van Winkle coming to me in Dec.
I hope this info helps in some way.
Yeah, we need an intro to your liquor guy. EHT BP hookup? That's harder to get than Pappy. Enjoy.
Appreciate your energy insight.
Expecting profit taking at the open.
You don’t trade for money, you trade for freedom.
Waiting on reset. Maybe it's gap and go.
You don’t trade for money, you trade for freedom.
MongoDB shooooot