No position in it, tempted though, because I think based on the chart, could easily go to $70, there's nothing stopping it barring general interest and a ton of liquidity, which is everywhere these days. Fundamentally, fawk who knows, if you can retire in the Maldives on this instrument good on ya. Ironically, I think DOGE actually breaks out while the S&P takes...
she's clamped, ready for a nice free fall. No idea why fried chicken & shi shi burrito joints trade at their insane valuations but it warrants a head check and we all know this shit can't last in the face of rising input costs. Either capitalism comes nose-to-nose with sanity or Christ returns. One or the other, people... Sold my puts into a knee-jerk rally tape...
I've been beating the drum on this garbage; I told you the transports were the biggest f ing wannabe chase in the market today; they led the S&P up, they'll lead them down. Bigger than expected loss into earnings. My guess is that the dummies will still throw money it if the transport ETF catches a bid manana. You thought TSLA was overbought, this rental turd...
I'm not huge relier on this formation, but the historicals suggest its bullish. 50/50 this can rally back to ATH
derp. respect the trend ya filthy animals 🤙🏽 the only trade I'm not trading, just buying dips atm...
IWM is establishing a new structure only a professional fortunate teller could spot. Wish I sold my puts into weakness this morning; looking for a deeper plunge and didn't draw enough on the Russell to see this thing is predestined to pivot accordingly....
looks like it's about time to re-price this sh*t... wing expert or no expert at cooking bone in bone out, your game doesn't need to be priced like a biotech phase 1 bangin' results. wtf. Loving how they price stocks like this to sideline a lot of players in the options market. 👌
No position in BTC sans proxy trades in TSLA, TSMC & COIN, NVIDIA. Generally curious on the health of this one going into June, hoping it gets pumped so my underlying picks & shovels in turn are pumped. So it rallies to 71K, maybe onto 100K in a quick run up, cool. Wonder if this shit will become a snooze fest. Like, I zone-out whenever I hear people talking BTC...
she want's break out of this bull flag, haven't pulled the trigger tho, still think it's another head fake. Gold is stead eddy strong tho, I'm buying dips in the GLD. Tempted to let SIL fade here, bounce off its year-long support then she climbs like a hellcat as bond yields rip the face off this market later this summer...
wave trading in here today on the 15s. plenty of volume, buyer frenzy..
earnings this week setting up to be a sell the news event, the buy action past two months was a race in ahead of liquidity, crowding out the weak hands, gonna be a race out as well. Russell double topped and there looks like some murky under the surface choppy positioning taking place while the ^TNX has started to tick back up. There's still largely pumping this...
money comin' in hot on this COVID trade. Stuck underwater on it last night in the AH but looking like a rally underway 🤙🏽
Transports haven't rallied like this since the Roaring 20's. I'm seeing some blatant money grabs going on in the IYT, names like CAR, a turd rental company reporting negative earnings and up 500% since pandemic lows, stupid chases into cruiselines, etc. The shit is not real, this economy is not that good, business travel will likely never come back pre-pandemic,...
solid day trading this thing, mostly from the 15s charts 🤙🏽On my radar for tomorrow as well...
near term 30,000 ft view: I looking at COIN like an overbought tech name, which it is, f ing way overpriced during it's DPO day #1. Nice work jagoffs who priced this garbage like Mastercard.. IMO, it's retraced into a bull flag...You could argue a bear flag but the clients they serve are in a frenzy to access these crypto asset classes, which are all raging...
Let's pump as much f ing liquidity into S&P risk assets then pretend there's additional room to run whilst simultaneously holding on every position and then going public stating you're not putting new money to work here. Ya makes sense. So this shit just goes UNCH forever, got it 👍🏽
remember when everyone bitching for a dip so they could enter while it ripped 14% everyday? Now's your chance! yew! $1050/share PT. Re-accumulating just south of this level. Momma Kathie got my back.