10YR yield - You couldn't design a more "full" pattern. If this thing goes up much farther, we start getting to the point of freaking out. I fully expect this to rollover soon. But I thought that last week. It just keeps going. Similar to PLTR on a shorter term.

The nature of the drop is going to tell us exactly what is coming next. If it's impulsive downward, like a lightning bolt, that's GOOD. That means a setups is there for rates to move to new lows. If it's choppy and corrective with lots of overlap, then the chances the bottom is in grows immensely. And that's very very bad.

FED decision Thursday. FED historically follows the market. Market is telling FED to just stay put. But FED can't exactly afford to. Treasury has rolled a lot of long term to short term bills. Betting on lower rates. If those lower rates don't materialize over the next 6-12 months, then those short terms can't be rolled any longer. They take a loss. FED is going to do everything in their power to force rates lower. They still think they control the market. As of now, market is ignoring them and demanding higher return, just as predicted. Only question is short term - does market stay steady or give in and let rates drop? We will see.

SLV seems to be the only thing down right now

Rip

Will SMCI hit 0 today or tomorrow?

TNA
SOXL
TQQQ

BRK.B

I did tell y'all.

Quote:

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Berkshire Hathaway Inc. Class B (BRK.B) is currently at $462.31, up $17.25 or 3.88%
--Would be highest close since Oct. 21, 2024, when it closed at $464.16
--On pace for largest percent increase since Nov. 10, 2022, when it rose 5.04%
--Currently up three of the past four days
--Currently up two consecutive days; up 4.53% over this period
--Best two day stretch since the two days ending Nov. 11, 2022, when it rose 7.3%
--Up 29.62% year-to-date; on pace for best year since 2013, when it rose 32.17%

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El Chupacabra said:

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Will SMCI hit 0 today or tomorrow?

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Is there any value there?

Sold half of my PLTR. Letting the rest ride.

Any thoughts on ASML?

POWL more or less reaching my max target. Curious to see how much further it runs. My dumbass sold on the earnings pop at $180

I was joking with my buddy when I was moping about getting out of my October calls too soon I should've been buying November 320 calls for what probably would've been dirt cheap...now do we buy December $500 calls?

This thing has been on an absolute tear.

If they follow through with Prog's wish and do a split on their next earnings, who knows what is going to happen.

Same boat, got PLTR at $16, and Powell at 110ish. What can ya do? Green over red is a plus regardless. Just gotta plan accordingly.

I sold all of mine. Risk/Reward. If it all comes out clean then it may make some big moves but Ill just make sure clearly moving back up before re-entering. For me I just feel that money I took out of it can be better used elsewhere.

I made $30k when I sold my October calls and had the same issue of greed previously so I was being "smart" - would've been worth $150k when I finally stopped looking.

And when I did sell my October calls, I bought puts thinking surely this heater will end. Should've bought some cheap calls but I didn't think there was any way it would've climbed this high.

I want to say lesson learned, but I think if I try to extrapolate anything from this it'll just cause me to make poor decisions in the future. I doubt I'll have many opportunities play out like this in my lifetime. I made a good profit so I have moved on. It ate at me pretty bad for about a month.

I'm still in it with shares in my IRA. Sold non IRA shares early in the drop. Looking to add more at some point, it's not a failing company in a dying industry.

Profit is profit

Yep!

I think my biggest takeaway is I should've set aside some profit for a "don't fight the trend" November call in addition to the puts I bought.

Would've made sense to throw 5% of my gains for the upside and the downside - it was obvious (in hindsight) it wasn't going to go sideways for a month and would have volatility one way or the other.

Heineken-Ashi said:

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BLNK, I'm lowering my net free target to $2.35-$2.40 range from $2.50. Could also take all profits there and add back on a retrace, but no guarantee you will get under $2.00 again for an entry.

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Any thoughts here with today's movement?

ReturnOfTheAg said:

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Heineken-Ashi said:

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BLNK, I'm lowering my net free target to $2.35-$2.40 range from $2.50. Could also take all profits there and add back on a retrace, but no guarantee you will get under $2.00 again for an entry.

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Any thoughts here with today's movement?

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I was stopped this morning to not take a loss. It needs to aggressively attack $2.50 and certainly has a chance to do so. But at this point, the move down overlapped. It has higher lows, but the significant overlap with the highs gives pause as to how impulsive it can be. The fact that it couldn't keep trending up means I'm putting my money to better use.

still following a lot of the races, so haven't had time to look...but what is the market pricing for Fed decision tomorrow?? JPow gonna just go ahead and send this sucker to 6,000 tomorrow?? or do we just get a slow meltup thru year end??

I'm buying $ARM here. They report AH today. I'm snake bit so, I wouldn't rec anyone following me.

House money today, I'm in!

ProgN said:

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I'm buying $ARM here. They report AH today. I'm snake bit so, I wouldn't rec anyone following me.

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I bought calls yesterday. They were up nearly 30% at mid day I I just went ahead and sold them. Might regret it. But I'll take it.

Not the most scientific. But we have an island gap now that last showed in February with a very similar pattern. Was closed a couple months later. You can see my scientific blue projection based on that same pattern playing out (it's purely a guess, dont think Im making a call here).

Certainly interesting.