Damn. Blood in the streets this first hour.
woah. Hell of a flush.after this.McInnis 03 said:$ARM going.McInnis 03 said:
$ARM could be looking at a bull flag break. If Semis go strong today this could be a play
saw that. Thought might be a good hedgeBrewmaster said:HOOD or GME calls... and here's an interesting one, but tread lightly, lolMcInnis 03 said:
First friday in a while that I don't have a good grip on things to watch at the open. If anyone has any lotto ideas I'd love to hear them.
Maybe DJT?$NVD
— trader (@TicTocTick) May 31, 2024
The 2X $NVDA short ETF down over 95% in a year.
It’s practically free now at 2 dollar.
Better than expensive PUT options?
I guess nobody followed, but right when I came to terms with accepting a double I closed the spot and now the very next candle breaks teh ceiling.McInnis 03 said:Star this if anyone followed. Otherwise I won't update much on it.McInnis 03 said:Still gonna hold runner, but 9am-9:30a is important to decipher daily direction. It's holding the 5-12 10min EMA so still lightly bullish here.McInnis 03 said:
Gonna try LULU long here.
I'm on 310C as a lotto and you can enter cheaper than I ddi right now.
Quote:
It would not surprise us to see average house prices in the USA to peak at or even below 5,000 oz silver vs average US house price. At today's US dollar price that would require a silver price of over $80 USD oz.
Of course this silver vs house spike could go lower than even the 1980 price peak. Yet we feel it conservative to presume the silver vs home price ratio will eclipse its 2011 high before this 21st Century Gold Rush fully plays itself out.
Been bearish for a couple months. Sometimes things dont seem to make sense until they do.TTUArmy said:
Dell....yikes.
ATH is probably your upper target. $120 is what I think it's starting a path on right now. And I think the next couple of years likely takes it lower than that. I'd be very careful.cptthunder said:
I would be interested in hearing the groups thoughts on $GRMN
I've been a holder for a couple years now(mid 2020) and it's gone on a roller coaster ride to say the least. It's up close to ATH again which looks like a massive nearly 3 year cup completion.
Strange to me action since a huge jump after earnings and it looks to be consolidation going on now.
deddog said:
CRM getting slammed today.
Down 20%, is it a buy at this point for a short-medium term trade?
txaggie_08 said:
It's been working well, playing it as it has these ups and downs. Last time I sold at $200 and looking to load up again here.
McInnis 03 said:
the range on POWL is glorious, I have yet to play it at all but this may have to go on my watchlist.
13% drop on zero news is just wild to me.
I've started to see POWL mentioned outside of Texags, people love the backlog and the fact that electrical infrastructure demand is only going to go up, MASSIVELY. POWL seems to be in a position to capitalize so long term Prog's love for it seems hearty, but if this ATR keeps up the daytraders will love it too.M4 Benelli said:McInnis 03 said:
the range on POWL is glorious, I have yet to play it at all but this may have to go on my watchlist.
13% drop on zero news is just wild to me.
175 was what it hit post earnings pop. Then it see-sawed between 160-170 for a hearty spell. 175 seems like a fair value price considering they crushed earnings. Hence I got no apprehension buying within this range. If it goes back to 160 I'll be loading up. If it goes beneath that to pre earnings range I'll be selling my kidney.
They say don't fall in love with a stock, but Romance is in the air.
check out the b bands or ema's on the daily, it's a wild range. Heck the 100 day is 144. 179 is previous resistance (now support)... I could definitely see it breaking back into this range:McInnis 03 said:
the range on POWL is glorious, I have yet to play it at all but this may have to go on my watchlist.
13% drop on zero news is just wild to me.
bigger balls than me, be careful amigo. It is a volatile one.bhanacik said:
just bought more shares of POWL and also have an order to sell a 6/21 170 put for 5.50
the bid/ask spread on options is large
Popping some off here at .30.McInnis 03 said:
SPY 520P at .22 right here could be a lotto treat for end of day.
Fundamentally, POWL is golden and LT investors just have to stomach the violent swings, but they don't need to worry about losing money. Their volatility is only due to their extremely small float. It's currently being manipulated by short sellers using it as their own personal ATM/casino. I actually emailed their investor relations and informed them of that. They never replied, but hopefully my email created some watercooler discussion. Honestly, if I had FU money, then I'd probably be doing the same, but I don't have FU money. I see what they're doing and it's easy and very profitable. Their only major risk is if POWL out of the blue declared a 5:1, 10:1 stock split, then they'd be curb stomped if they were on the wrong side at that time.McInnis 03 said:
the range on POWL is glorious, I have yet to play it at all but this may have to go on my watchlist.
13% drop on zero news is just wild to me.
Stopped out on the rest at .23.McInnis 03 said:Popping some off here at .30.McInnis 03 said:
SPY 520P at .22 right here could be a lotto treat for end of day.
Not sure why a $170 entity would go 10:1 or even 5:1. Honestly splitting at all seems silly in that price range?ProgN said:Fundamentally, POWL is golden and LT investors just have to stomach the violent swings, but they don't need to worry about losing money. Their volatility is only due to their extremely small float. It's currently being manipulated by short sellers using it as their own personal ATM/casino. I actually emailed their investor relations and informed them of that. They never replied, but hopefully my email created some watercooler discussion. Honestly, if I had FU money, then I'd probably be doing the same, but I don't have FU money. I see what they're doing and it's easy and very profitable. Their only major risk is if POWL out of the blue declared a 5:1, 10:1 stock split, then they'd be curb stomped if they were on the wrong side at that time.McInnis 03 said:
the range on POWL is glorious, I have yet to play it at all but this may have to go on my watchlist.
13% drop on zero news is just wild to me.
here's a chart from the article... I added the text and arrows! Interesting times ahead!Brewmaster said:
interesting article on silver vs home prices. It's from 2018, but it's looking at the time frame I've been curious about. Silver peaked vs real estate peaked in 1980 (real estate was weakest and silver was strongest).
https://sdbullion.com/blog/silver-vs-home-pricesQuote:
It would not surprise us to see average house prices in the USA to peak at or even below 5,000 oz silver vs average US house price. At today's US dollar price that would require a silver price of over $80 USD oz.
$SLV silver, history repeats. pic.twitter.com/ZqW9bppqf4
— Brewmaster (@Rudder32) May 31, 2024