Some levels are magical and these levels happen again and again.Every time big moves happen from these levels.
3025 = 55*55
2916 = 53*53
2888.8 well that's 4 8s
So the next possible levels are 2777.7 and then 2666.6 in very quick time.
I am holding volatility calls
You bunch of idiots will anyways lose money because you don't understand how the markets work. I don't either but who cares I know to make money because I understand options and I will not do what 99% of you are doing
SPY is ready for the next ER.Wall street was busy last month in buying back shares at cheaper interest rates.Once FED policy came we had a little cool off period.The general environment and news about trade war and other needless cotroversies distracted us.Now we are ready for the next run.We are going higher and Wall street will have a stellar quarter and we are...
All bubbles are same.They go higher and higher and squuezed out all shorts and new Price targets come thick and fast.But think about this, Netflix is not an elixir of life.You just chill on a Saturday.Forget technicals and fundamentals for a minute if a stock is so valued why does it not reach 500 today? FYI all long term investors have exited now.
Here is my...