Don't fall for the head fake. Bulls just go out partying every night. Wait for them to wake up about noon and give them a bit to shake off their hangover…and then watch the rip to new ATH in the afternoon. It's like clockwork. Train keeps rolling!
📈 Gapping up / 📉 Gapping down pic.twitter.com/5x9sd0Vydw
— *Walter Bloomberg (@DeItaone) June 14, 2024
I like the stock.Heineken-Ashi said:
Bought a couple GME ATM lottos with profits from some weekly PLTR shorts. Let's see what happens.
Which means you should NOT like the stock.McInnis 03 said:I like the stock.Heineken-Ashi said:
Bought a couple GME ATM lottos with profits from some weekly PLTR shorts. Let's see what happens.
Dude is forcing delivery of a ton of shares. There's a chance this thing could spiral upward. Watching the gamma on calls closely for squeeze potential.McInnis 03 said:I like the stock.Heineken-Ashi said:
Bought a couple GME ATM lottos with profits from some weekly PLTR shorts. Let's see what happens.
I'm reading some educated opinions that he did not exercise, he sold all calls he had and then bought the 4,001,000 shares into the weakness he created with the sale of the options.Heineken-Ashi said:Dude is forcing delivery of a ton of shares. There's a chance this thing could spiral upward. Watching the gamma on calls closely for squeeze potential.McInnis 03 said:I like the stock.Heineken-Ashi said:
Bought a couple GME ATM lottos with profits from some weekly PLTR shorts. Let's see what happens.
bmoochie said:
keeeeeeeeep going CAVA, just ride the elevator down. you are doing great.
Not sure there's anything to that. Gray is after US market hours.McInnis 03 said:
my read on silver is that it does it's move over night with a little bit of tiddlywinks until 11am. After that it's typically pretty boring.
Sorry bro, I'm still on the other side of this one. It's been a good day for my $35 puts expiring next week.Brian Earl Spilner said:
Averaged way down on TNA.
Now at 250 shares @ $35.60, targeting $38 for a [hopefully] quick exit in my brokerage.
Still maintaining original targets in my Roth, of 40.95 and 41.80. Still got plenty of dry powder to buy if it keeps dipping; hard stop will be just below 32. Not too concerned with timeline in this account.
Not sure yet. Probably so, unless it takes another big dip today. It is a general hedge (I thought small caps were a bit overheated) that I've held for a couple months, so I'm not really speculating with it.Brian Earl Spilner said:
Nicely done. You gonna hold through the weekend?
closed the rest when it touched $.50 again. It ended up tapping $.65 a hot min later.McInnis 03 said:
Ended up taking the SHOP 67c for today at $.10 and closed half at $.50. Gonna see if we can get some more.
Good strategy to use the Roth to speculate.Brian Earl Spilner said:
I will say this will probably be my "last hurrah" of sorts with TNA, in my brokerage account anyway.
I've had a very good year swing trading it, but I've been going more and more conservative in that account as the market keeps climbing. I don't want to get greedy and risk losing those gains. (Probably gonna rotate all that capital into BRK.B, ISCG, and SOXQ as long term holds.)
Gonna limit my swing / leverage trading exclusively to my Roth, both for tax advantage and to minimize exposure, as it's my smallest account by far.
bmoochie said:
keeeeeeeeep going CAVA, just ride the elevator down. you are doing great.
Brian Earl Spilner said:El Chupacabra said:I bought some...sorry for tanking your account.Brian Earl Spilner said:Bought at $36.El Chupacabra said:Back in?Brian Earl Spilner said:
Took a big chunk of TNA, and all my remaining SSO off the table.
Solid 10% profit on SSO, fairly small one on TNA, but it feels like it has to drop back into the 36-37 range again before continuing. Will buy a lot of it back cheaper.
Well if we go down, we go down together.
Couldn't even make Model T back up! what a loser!Heineken-Ashi said:bmoochie said:
keeeeeeeeep going CAVA, just ride the elevator down. you are doing great.
This is what I get for voiding the rules. The rule: "Only close a trend trade when price breaks the 5-12 10min EMA cloud".McInnis 03 said:closed the rest when it touched $.50 again. It ended up tapping $.65 a hot min later.McInnis 03 said:
Ended up taking the SHOP 67c for today at $.10 and closed half at $.50. Gonna see if we can get some more.
There is a definite time vs value execution I need to behave better on. When you get one of those big spikes in the morning that leaves the price extended from the 5-12 10min EMA, you might as well close most if not all then and move on to the next one (if any). Because basing time eats premium and ends up requiring more muscle to hit again later in the morning/day.
I started buying in February...watched it go up to high 80's...now back at same levels I was buying at.Number Monkey said:
Yeah, I was up like 15% before they announced issuing the convertible notes. Ended up getting out at break-even at $78. Should a could a would a.
Heineken-Ashi said:
If TSLA $176 holds and it takes out $193 next week, you can buy with a free ride to at least $200. If you get really lucky, it could just keep going over the next couple of months and grab $225-$240 range.
Below $176 though and that bullishness takes a back seat to either more chop or even seeing $160 again.
Now watch $TSLA blow out the guided EPS till the end of 2024. People will look at the headline and ramp the stock up. But, how? Not possible? This guy is a random mad cuck. LOL. Here is why:
— Ganges Post (@theGangesPost) June 14, 2024
Tesla's 2023 10K pdf page 87: "As of December 31, 2023, we had $10.31 billion of federal…