PLTR earnings on Monday.

Go Apple. How crazy would today have been if Apple's earnings were a disaster.

GKrebs17 said:

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If there was a fund that made the exact opposite moves I've made in my post-grad life, those that invested would be fabulously wealthy. As a result, I spent 2022-now just putting cash away into money markets. I found this thread a month ago and have barely dipped my toe in following ProgN & Heineken for the most part at a super low volume (hundreds of dollars) and it's been a good month percentage wise. I'm 99% cash just earning my 5% money market return on the sidelines and ready to buy some dips.

I want to be clear that I'm the idiot who invested into DKNG, Jumia, Bumble etc. at the peak of the market a couple years ago. I'll log into that account when I'm 70 years old and hope it's worth more than the 80% loss it was last time i checked Now that I've worked for a few years and taken 0 financial risk with a sum of cash in the MM account, I wanted to throw out some potential bargains that may already be addressed above and get any thoughts. I can't possibly do worse than I do following my own gut/ layman research strats...

Thoughts on GT?
Thoughts on CLOV?
Thoughts on RDDT?

Others besides the classic WWR, ARM, POWL, SLV types I've been reading about a ton (thanks for insight on those and others btw)?

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Never put WWR in the classic category and neither Heine or I brought that to the clubhouse.

ProgN said:

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GKrebs17 said:

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If there was a fund that made the exact opposite moves I've made in my post-grad life, those that invested would be fabulously wealthy. As a result, I spent 2022-now just putting cash away into money markets. I found this thread a month ago and have barely dipped my toe in following ProgN & Heineken for the most part at a super low volume (hundreds of dollars) and it's been a good month percentage wise. I'm 99% cash just earning my 5% money market return on the sidelines and ready to buy some dips.

I want to be clear that I'm the idiot who invested into DKNG, Jumia, Bumble etc. at the peak of the market a couple years ago. I'll log into that account when I'm 70 years old and hope it's worth more than the 80% loss it was last time i checked Now that I've worked for a few years and taken 0 financial risk with a sum of cash in the MM account, I wanted to throw out some potential bargains that may already be addressed above and get any thoughts. I can't possibly do worse than I do following my own gut/ layman research strats...

Thoughts on GT?
Thoughts on CLOV?
Thoughts on RDDT?

Others besides the classic WWR, ARM, POWL, SLV types I've been reading about a ton (thanks for insight on those and others btw)?

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Never put WWR in the classic category and neither Heine or I brought that to the clubhouse.

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But one of us knows $90 is coming at some point in our life and are bag holding until it does.

Heineken-Ashi said:

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Charismatic Megafauna said:

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In a contracting economy i don't see a lot of tires getting sold (on new cars or people driving a lot), the other 2 are meme silliness. Add smci and possibly alb to your classic (at least recent classic) list and keep watching. I still think crwd is going to be the buy of a lifetime when the bleeding stops

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I know a trader who works for a major tire manufacturer. He is bearish on manufacturing and has put on his bear suit.

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JW_TXAG13 said:

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Prog what you thinking on ALB after today

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I love it. It defended that $90 level everyday as the macros were going down and it took the worst day of the year (at the open) on a Friday and fear all around for it to break below it. This one isn't going to be a highflyer, but it's not going to hurt you at these levels and provide excellent ROI from here. IMHO

I cannot confirm the credibility of the source, but it's something to keep an eye on, especially because the market is skittish at the moment.

BREAKING:

🇮🇷🇮🇱 A massive ballistic strike is possible within hours on Israel.

Iranian state TV anchor:

"In coming hours, the world will witness extraordinary scenes and very important developments." pic.twitter.com/PdnIC4Sz3K

— Megatron (@Megatron_ron) August 2, 2024

Hope y'all are long oil!

Brewmaster said:

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confucius_ag said:

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PLTR earnings on Monday.

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some good volume into the close (buys). I added some shares.

SLV and GLD had quite a bit of call volume before the close. I added more SLV shares

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My PLTR puts finally paid off, and in grand fashion.

At this point, I'll be surprised if it makes a new high before seeing $13-$17 range first. I called a top before and it extended for one more, but didn't take out it's 2021 open gap at $31.50.

But the 144 EMA has defended it as support every single time dating back to September 2023. Go look. So make sure you set your daily EMA to 144. When that breaks, its going to be a full sell. 144 is sitting at $23 right now.with bottom Keltner band at $20. On weekly, the 34 EMA has been the support and its at $22.50. Below that, and it attacks the weekly 144 at $17.

So $23, $22.50, $20 and then $17 are the major supports. Through all of those and nothing until $13.

Back to daily, the 8 EMA is almost touching the 34. If that crosses down, you start to see the downward move.

On hourly and 4hr, the ich cloud upward reversal has $27 as the the bounce target resistance and all EMA's have crossed downward on the 4hr. So any move up you should be biased that its only a bounce until the EMA's can cross back up and realign. Only then can it attack a new high with ATH as next resistnace after $27.

Hope that helps. Pull up a chart in log mode and look at everything I said. Have 8, 21, 34, 55, and 144 EMA's showing.