bmoochie said:
Wtf kind of day was this?!
I need the Morpheus (matrix) gif here… "What if I told you interest rates are going to be cut soon!" Maybe the markets know cuts are coming
bmoochie said:
Wtf kind of day was this?!
You'd be wrong. The markets and it's participants aren't even as accurate as weathermen. That's why the majority of money managers rarely beat the S&P. They've been predicting cuts for how long now? If you told them in January that the best we would get is a single cut in December, how many of them would have predicted 5300?Brewmaster said:bmoochie said:
Wtf kind of day was this?!
I need the Morpheus (matrix) gif here… "What if I told you interest rates are going to be cut soon!" Maybe the markets know cuts are coming
FishrCoAg said:
Just sold a June 160 put for 2.25. Spread was .75 bid 4.xx ask
Friday we dropped into a very supportive gamma zone circa 5200 as @optionsdepth pointed out on their feed
— VolSignals (@VolSignals) June 1, 2024
Moving from neutral gamma to dense long gamma is a very very stabilizing thing for markets during a selloff
very
Suddenly,
dealers "WAKE UP"
...and start adding size to… https://t.co/b6ZwDgJ0ZP pic.twitter.com/f7cGxpCDbu
McInnis 03 said:
the problem is number 3 usually sides of number 1
PALL over $97 and I like its chances for $120 before one more possible selloff. There's potential for metals to come down a little more. If so, Palladium won't be sitting there making gains when that happens. Right now, you'd be safe with a stop at $78.50. Just watch out for overnight selloffs as the world market and futures drive this one.BaylorSpineGuy said:
HA, you've been in a run with metals. Palladium didn't get the memo. Is it almost time? PALL is the ticker.
As an aside, I found PDYN, an AI company in a rounded base with some cup completion. Curious for ur thoughts….
No worries. I very much appreciated the initial reply.McInnis 03 said:deddog said:
CRM getting slammed today.
Down 20%, is it a buy at this point for a short-medium term trade?
My reply to you on this (at least today ) was wildly wrong. I hope it didn't affect you.
WARNING: the Money Supply is officially contracting. 📉
— Nick Gerli (@nickgerli1) March 8, 2023
This has only happened 4 previous times in last 150 years.
Each time a Depression with double-digit unemployment rates followed. 😬 pic.twitter.com/j3FE532oac
HOLY SHIT!
— unusual_whales (@unusual_whales) June 3, 2024
I have been reporting on a GameStop, $GME whale buying $20 calls expiring June 21 over last seven days.
DeepFuckingValue aka RoaringKitty just disclosed he was the whale on Superstonk.
This is insane.
His position value is over $200 MILLION in $GME. pic.twitter.com/UtheyMxp9v
No one is an oracle and don't believe anyone that says they know the top. That said, what I'm about to post is my own opinion and it will contain some politics but it's what everyone should be mindful of. It's obvious how I'll vote but in all honesty, it's really not going to matter and there's a good chance that whichever party wins, they'll wish they hadn't in hindsight because they'll take the blame. Zoom out and look at what we face ahead of us on a macro level.flashplayer said:
I am not an oracle but I do have faith in our money grubbing DC friends that they will keep this house of cards gravy train going as long as they can, and whatever potential next crisis is probably not within a year or two but likely further out with whatever bow on a turd idea they think of next to prop things up for just a bit longer.
It's kind of like setting sail on a slower moving Titanic knowing it's going to go down at some point but realizing there's a great deal of fun and high life to be had in the meantime. I have decided to put on my tux and enjoy the fun while it lasts, then hope there's a lifeboat for some of the women and children.
Watch things closely, know your stops that you're willing to swallow, and let things ride in a balanced way. I have lost a good bit of money listening to the bears lately and parking too much cash in the 5% money market.
I think it's because the only relationship they have with each other is that one tends to be accumulated preceding and during the period where a highly leveraged cycle comes to an end, and the other is a byproduct of the highly leveraged cycle that can only go down when leverage is removed or the rate of payment on leverage rises.Brewmaster said:
thanks for your thoughts and insight here amigo. Hope your life is calming down a little.
I didn't get any replies on my real estate vs silver chart, but the prices of metals vs real estate fascinates me. In particular, 1980, real estate plummeted, and silver spiked at the same time. This will happen again and might be more pronounced this time and on the rebound, inflation could get nasty.
I got calls and shares, LFG!Red Pear Luke (BCS) said:
My reaction waking up to seeing GME this AM