Apologies Agdad, please read my edited reply from earlier this morning. My brain processes faster than I can type. I'm sorry if it was misleading.agdaddy04 said:
At this point do you even sell a long term hold like TTD?
Stock Markets
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Last: 13 min ago by El_duderino
Just woke up for work to see AMD pushed all the way up to $227 this morning?
Go look at a graph of almost every AI / chip stock today. They all look the same. Profit taking cashout today for spring break.
AMZN tapped its high of 178.73 that it hit the week before today (high on the day was 178.79). It has sold down to 174.5 by time of this post.
Ah I completely forgot spring break next week
Pin NVDA at $900?
Pretty happy I got out of the last shares of AMZN at $180 a few days ago...will hop back in if/when it cycles down again
I had my finger on the sell button for SMH then some jackwagon came in my office and I had to do my job for an hour. SMH was around 235 at that point.flashplayer said:
Go look at a graph of almost every AI / chip stock today. They all look the same. Profit taking cashout today for spring break.
Thanks! Was confused the way it was written originally
does Pin mean that is your price target for NVDA?Chef Elko said:
Pin NVDA at $900?
options talk for 900 by close (usually pinned via a Butterfly).
https://www.investopedia.com/terms/b/butterflyspread.asp
https://www.investopedia.com/terms/b/butterflyspread.asp
He's saying that the market makers might pin at $900 at the close, meaning that will be share price when market closes today.ravingfans said:does Pin mean that is your price target for NVDA?Chef Elko said:
Pin NVDA at $900?
IWM needs to see above $209 for me to lean back in on this drop merely being a buy the dip. If it hits it head there or lower, this has potential to dump.
We need McFly back :/ I miss the Friday lotto butterflies!
I just didn't understand shorting SOXL when you could just buy SOXS.Brian Earl Spilner said:ProgN said:Or you could just buy SOXSBrian Earl Spilner said:
The only thing that scares me more than a selloff is trying to short SOXL.
The second I do that I know it's going to backfire badly.
That's what I'm talking about. Tried that once, did not go well.
Not for me...
The FOMO is strong with this market, all dips open the flood gates for people that don't want to miss the next run up.Heineken-Ashi said:
IWM needs to see above $209 for me to lean back in on this drop merely being a buy the dip. If it hits it head there or lower, this has potential to dump.
$19.25 MARA and I will jump in with a small long position.
In case my message wasn't clear, my approach takes advantage of 3x ETF's natural time decay and provides more leverage for price movement. I cashed out 1/3 of my puts at a 47% gain for the day.ProgN said:I just didn't understand shorting SOXL when you could just buy SOXS.Brian Earl Spilner said:ProgN said:Or you could just buy SOXSBrian Earl Spilner said:
The only thing that scares me more than a selloff is trying to short SOXL.
The second I do that I know it's going to backfire badly.
That's what I'm talking about. Tried that once, did not go well.
Not for me...
i nibbled at 22 yesterday. Don't love it but flashed below the 50ema and closed right on it. Figured we would get a pivot back green.Heineken-Ashi said:
$19.25 MARA and I will jump in with a small long position.
ProgN said:I just didn't understand shorting SOXL when you could just buy SOXS.Brian Earl Spilner said:ProgN said:Or you could just buy SOXSBrian Earl Spilner said:
The only thing that scares me more than a selloff is trying to short SOXL.
The second I do that I know it's going to backfire badly.
That's what I'm talking about. Tried that once, did not go well.
Not for me...
Again, that is what I was talking about...
I mean extra leverage on a 3x leveraged ETF is way more risk than I'm willing to play with. Especially when shorting.
Even a bear 3x ETF makes me nervous in this market.
But, vaya con dios.
Even a bear 3x ETF makes me nervous in this market.
But, vaya con dios.
I wasn't talking about your trade man, and great ROI.I bleed maroon said:In case my message wasn't clear, my approach takes advantage of 3x ETF's natural time decay and provides more leverage for price movement. I cashed out 1/3 of my puts at a 47% gain for the day.ProgN said:I just didn't understand shorting SOXL when you could just buy SOXS.Brian Earl Spilner said:ProgN said:Or you could just buy SOXSBrian Earl Spilner said:
The only thing that scares me more than a selloff is trying to short SOXL.
The second I do that I know it's going to backfire badly.
That's what I'm talking about. Tried that once, did not go well.
Not for me...
Not so fast, my friend. I only sold 1/3. The final tally may indicate it was a poor ROI, not to mention a stupid trade.ProgN said:I wasn't talking about your trade man, and great ROI.I bleed maroon said:In case my message wasn't clear, my approach takes advantage of 3x ETF's natural time decay and provides more leverage for price movement. I cashed out 1/3 of my puts at a 47% gain for the day.ProgN said:I just didn't understand shorting SOXL when you could just buy SOXS.Brian Earl Spilner said:ProgN said:Or you could just buy SOXSBrian Earl Spilner said:
The only thing that scares me more than a selloff is trying to short SOXL.
The second I do that I know it's going to backfire badly.
That's what I'm talking about. Tried that once, did not go well.
Not for me...
I hold several AI stocks, and this is purely as a hedge due to the overheated nature of the sector. I have a bit of ARM, NVDY, MSFT, and AVGO, not to mention the AI-heavy QQQs, and am getting a bit nervous. Brian - my trade is actually quite conservative, as it's a hedge. I would advise no one to trade it standalone (although my downside is limited to the premium paid to buy the puts).
Luke, although not market related, I'd be interested in your reply. Please read just the OP when you have time this weekend.
Not Really Political | TexAgs
I ask because when my father died 3 years ago his body wasn't even room temperature and vultures were blowing up my phone for his land. How did they get my cell number that fast? Thank God he gave me his name and they called me instead of mom because she was hurting so bad. It pissed me off because it would've caused her more pain. She'd have just said no it's not for sale but I'm a dick and went off on their sorry asses. They were married for 53 years until his death.
Not Really Political | TexAgs
I ask because when my father died 3 years ago his body wasn't even room temperature and vultures were blowing up my phone for his land. How did they get my cell number that fast? Thank God he gave me his name and they called me instead of mom because she was hurting so bad. It pissed me off because it would've caused her more pain. She'd have just said no it's not for sale but I'm a dick and went off on their sorry asses. They were married for 53 years until his death.
I checked out early this morning when I scalped NET calls for over 2x
I couldn't pin today. Way nutty
NVDA $100 swing, are you kidding!?
I couldn't pin today. Way nutty
NVDA $100 swing, are you kidding!?
No kidding, it's trading at prices not seen since (checks chart), Wednesday.McInnis 03 said:
NVDA $100 swing, are you kidding!?
There is a massive cottage industry of turnkey providers set up to service people who want to make blanket offers to purchase land at 30-50% of market value (including scrubbing and skip-tracing contact info). It's only going to get worse unfortunately.
Thank you! I'm not listed as an owner on my parent's land, so I was curious why they were calling me, but I'm glad they did. My mom couldn't emotionally handle those calls at that time. She's old but not desperate and never would consider selling, but it pissed me off something fierce. I wondered how many grieving families they've essentially stolen land from because they were felt lost. They'll have to answer for that one day, but I do feel for those that have been taken advantage of.Stan Crowch said:
There is a massive cottage industry of turnkey providers set up to service people who want to make blanket offers to purchase land at 30-50% of market value (including scrubbing and skip-tracing contact info). It's only going to get worse unfortunately.
This series has been phenomenal for digging into jobs reports. Inside The Most Ridiculous Jobs Report In Recent History: Record 1.2 Million Immigrant Jobs Added In One Month | ZeroHedge
ProgN said:No kidding, it's trading at prices not seen since (checks chart), Wednesday.McInnis 03 said:
NVDA $100 swing, are you kidding!?
IWM - I am NOT saying to short this. And I am not saying get bearish. But I've been clear about it coming close to a significant resistance zone. I even mentioned earlier today that it's overlapping choppy nature upward from the January low should give you pause. It signals bulls having a really tough time getting back going strongly.
So move to today. It's very intraday and can be easily overcome, but a bearish setup is strongly in place. Bulls are going to have to fight for this one. They've been winning for over a month, even if they keep punting on 3rd down while slowly gaining field position. But there's a chance to lose some of that field position. Defense held after the selloff mid morning at $205. Offense has to get over $210.50. First and 10 was a good 4 yards. Lost a couple yards on second down. 3rd and long coming on Monday. If the can't convert and price hits it head below $209, bears get the ball and could take it to $204 or lower on first down. Below $202 with the next move up not getting above $206 starts to form the downward lightning bolt which would be a big uh-oh.
Russell usually leads the other indexes downward which is why I'm watching it closely. But SPY is looking very very similar with an even tougher 3rd and long coming up Monday. Next week is pivotal for more immediate upside, otherwise, we could be entering a significant correction at best. One where I wouldn't buy the dip until I see a support hold and multiple resistances taken out.
Head on a swivel. Have stops in place on longs with significant exposure. Each chart on their own, so good looking setups can still work even if markets are going down. But flailing or hopium setups need to be careful.
So move to today. It's very intraday and can be easily overcome, but a bearish setup is strongly in place. Bulls are going to have to fight for this one. They've been winning for over a month, even if they keep punting on 3rd down while slowly gaining field position. But there's a chance to lose some of that field position. Defense held after the selloff mid morning at $205. Offense has to get over $210.50. First and 10 was a good 4 yards. Lost a couple yards on second down. 3rd and long coming on Monday. If the can't convert and price hits it head below $209, bears get the ball and could take it to $204 or lower on first down. Below $202 with the next move up not getting above $206 starts to form the downward lightning bolt which would be a big uh-oh.
Russell usually leads the other indexes downward which is why I'm watching it closely. But SPY is looking very very similar with an even tougher 3rd and long coming up Monday. Next week is pivotal for more immediate upside, otherwise, we could be entering a significant correction at best. One where I wouldn't buy the dip until I see a support hold and multiple resistances taken out.
Head on a swivel. Have stops in place on longs with significant exposure. Each chart on their own, so good looking setups can still work even if markets are going down. But flailing or hopium setups need to be careful.
Ready for TNA to come on down.
I really don't like the overlapping the last two weeks on OXY. If you ask me, this has to see significantly over $62.. $63-$65 would be ideal, and not dip under $60 again for me to stay immediately bullish.
But if worst case scenario happens and we get a dump into low $50's, I'll probably back up the truck.
But if worst case scenario happens and we get a dump into low $50's, I'll probably back up the truck.
Brian Earl Spilner said:
Ready for TNA to come on down.
Better look into if SMCI will still be in the Russell when they jump to the SPX because they're the driver of the Russell.
And Prog, if the obituary had already come out they could get your name from.
They then call you assuming you will be handing your parents' affairs.
And now it's easy to get cell phone numbers.
They then call you assuming you will be handing your parents' affairs.
And now it's easy to get cell phone numbers.
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