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techno-ag
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AG
Heads up BOIL fans.

https://www.stocktitan.net/news/BOIL/pro-shares-announces-etf-share-p6jtspqrq2y3.html

Quote:

.ProShares, a premier provider of ETFs, announced today reverse share splits on three of its ETFs. The splits will not change the total value of a shareholder's investment.

The ETFs will reverse split shares at the following split ratios:

Ticker
ProShares ETF
Split Ratio
Old CUSIP
New CUSIP

VIXY
ProShares VIX Short-Term Futures
1:5
74347Y854
74347Y789

UVXY
ProShares Ultra VIX Short-Term Futures
1:10
74347Y839
74347Y771

BOIL
ProShares Ultra Bloomberg Natural Gas
1:20
74347Y870
74347Y763

All reverse splits will be effective prior to market open on June 23, 2023, when the funds will begin trading at their post-split prices. The ticker symbols for the funds will not change. All funds undergoing a reverse split will be issued new CUSIP numbers, listed above.
$30,000 Millionaire
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ZM has done it today.
You don’t trade for money, you trade for freedom.
EngrAg14
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30k and OA.
Assuming CPI is as expected and Feds pause but keeping open for further rates next meeting.
Do we see 4370 being the current cap or do we test higher?

And what is the lower bound. I still think we go down to refill the 3980 gap before fall and could be the drop point (~10% drop) if CPI and Fed increase occur.
ProgN
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I'm not saying this is true, but it's something to be aware of if it is true.
$30,000 Millionaire
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This is insane action.
You don’t trade for money, you trade for freedom.
Brian Earl Spilner
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Well I certainly took profits way too early today.
Buck Compton
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ProgN said:



I'm not saying this is true, but it's something to be aware of if it is true.
If true, hopefully it's by a different part of the administration than was responsible for evacuation of Americans from Afghanistan…

Also makes all the hardline posturing about never abandoning Taiwan a year or so ago pretty funny.
Boy Named Sue
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$30,000 Millionaire said:

This is insane action.


Just logged on for the first time today. FOMO is strong lol
techno-ag
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Only one paper talking about it atm.

https://themessenger.com/news/the-u-s-is-preparing-evacuation-plans-for-american-citizens-in-taiwan-exclusive
Buck Compton
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techno-ag said:

Only one paper talking about it atm.

https://themessenger.com/news/the-u-s-is-preparing-evacuation-plans-for-american-citizens-in-taiwan-exclusive
Yeah. I was just saying if true. Lots of trolling these days
techno-ag
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Something to keep an eye on for sure.
Red Pear Luke (BCS)
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Buck Compton said:

techno-ag said:

Only one paper talking about it atm.

https://themessenger.com/news/the-u-s-is-preparing-evacuation-plans-for-american-citizens-in-taiwan-exclusive
Yeah. I was just saying if true. Lots of trolling these days
I bet you that lots of the major's are scrambling to verify before they release any articles
Buck Compton
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Red Pear Luke (BCS) said:

Buck Compton said:

techno-ag said:

Only one paper talking about it atm.

https://themessenger.com/news/the-u-s-is-preparing-evacuation-plans-for-american-citizens-in-taiwan-exclusive
Yeah. I was just saying if true. Lots of trolling these days
I bet you that lots of the major's are scrambling to verify before they release any articles

I just saw the time stamp on the tweet. In my opinion, if it was true, there would be a second verification already. Too many government employees that would need to be involved could be paid for confirming info quicker than this.
oldarmy1
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EngrAg14 said:

30k and OA.
Assuming CPI is as expected and Feds pause but keeping open for further rates next meeting.
Do we see 4370 being the current cap or do we test higher?

And what is the lower bound. I still think we go down to refill the 3980 gap before fall and could be the drop point (~10% drop) if CPI and Fed increase occur.
The squeeze up is real, and remember we went through all of April and May basically in a sideways pattern, so a clean breakout can run 150 points easily. That would place us just below 4500. I sure wish there was a gap upside, to help spot potential pivots. When will markets pause? No idea
$30,000 Millionaire
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really hard to say what happens tomorrow with CPI.

I'm flat and will evaluate after, whatever happens. I do think we are extended and a retrace tomorrow *should* happen, even if it's only a dip.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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I personally don't like new longs in this situation.

You don’t trade for money, you trade for freedom.
gougler08
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$30,000 Millionaire said:

I personally don't like new longs in this situation.


I've seen a couple stocks that thought had good entry points, but with how extended we are right now...I'm holding off

Trying to learn more patience in this
Brewmaster
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if this ends up like the past few weeks, pull back earlier in the week, then squeeze rest of the week (but it's OPEX!) CPI etc tomorrow.

AAPL been in a channel up for a while, good spot for a pullback?

agdaddy04
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What are y'all's thoughts on RIG? Pretty big red day even with other oil stocks going down as well. I'm still in at $4.66, so thinking of exiting here.
jetescamilla
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Excellent, I've signed up myself and looking forward to it. I've stuck to long term MF's and would like to explore more short term trading strategies. Thanks for putting this on. Does the 30 day trial start when we sign up or does it delay until after the training seminars? Also, I believe I read that it's recorded, correct? I will most likely not be able to watch live.

Thanks again!
dreyOO
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oldarmy1 said:



WHOOP! On the way. Former seminar attendees need do nothing. We will have an email sent to you early next week and if you changed your email address, I'll provide an email to give an update.

In. Thank you for offering a beginner seminar and recording these suckers.
Red Pear Luke (BCS)
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Sponsor
AG
agdaddy04 said:

What are y'all's thoughts on RIG? Pretty big red day even with other oil stocks going down as well. I'm still in at $4.66, so thinking of exiting here.


I'm HODL and will use the opportunity to add to my position. Long term - oil goes higher and RIG will benefit 10x more vs a SDRL or whatever else is out there.

Have a buddy who works for CVX and talks about using RIG platforms for drilling.
ProgN
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BaylorSpineGuy
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ProgN said:




Reminds me of the Kingpin quote:

"Ish, you've got a gift. It's round, and you put your fingers in it."

"Hey, you leave Miss Rebecca out of this!!"
oldarmy1
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jetescamilla said:

Excellent, I've signed up myself and looking forward to it. I've stuck to long term MF's and would like to explore more short term trading strategies. Thanks for putting this on. Does the 30 day trial start when we sign up or does it delay until after the training seminars? Also, I believe I read that it's recorded, correct? I will most likely not be able to watch live.

Thanks again!


Much appreciated. 30 days is once service launches day after the advanced trading tactics seminar. Yes, both are recorded and able to be viewed any time.
agdaddy04
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Did the email go out yet to past participants? Hadn't seen it.
wanderer
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OA, curious why such the strong optimism/outlook on ASAN? Is it experience with the software/company? More based on technical analysis? Both?

oldarmy1
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agdaddy04 said:

Did the email go out yet to past participants? Hadn't seen it.


Tuesday night. Would that be today now? 12:57. So yes, tonight.

Futures +9 it can go on like a Chinese water drip against bears. You've seen this before. Just look for stocks to one by one break out that have gaps to fill.
oldarmy1
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Both
oldarmy1
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China stocks are oh so close to reversing trend. BABA JD NIO

Either wait for confirmation or do what I suggested yesterday and buy calls 45 days out.
Farmer @ Johnsongrass, TX
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Getting a little SEC help. It's more rampant then they know.

https://www.sec.gov/news/press-release/2023-107#:~:text=The%20Securities%20and%20Exchange%20Commission,as%20other%20violative%20trading%2C%20that
Red Pear Luke (BCS)
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AG
Inflation at 4.0%

Core CPI is 5.3% or 0.1% higher than expectations
$30,000 Millionaire
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Let's see if first move gets faded
You don’t trade for money, you trade for freedom.
Farmer @ Johnsongrass, TX
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fedwatch just bumped up to 97% pause
Farmer @ Johnsongrass, TX
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NVDA looking hot this morning
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