Buffett is way better at this than I ever will be, if he thinks $9 was best place to get off, i doubt he is wrong.
However, there are a lot of unusual movements lately, so I imagine this will get another bump towards $21. Ultimately, it will come back, so I am looking to add this for a weekly scalp play.
This is insane, and the DP orders tipped me off. The chart from friday is working out quite well.
One note from yesterday, darkpool prints drove make the absolute strongest support i have ever seen, take a look:
297.89 58,262,698 / $17B / 58.04% of avg daily volume
297.38 34,388,050 /. $10B / 34.25% of avg daily volume
= 92 Million shares @ $27...
I closed out my short position after hitting my price targets, it just seemed too good to be true... and I think it is.
I noticed dark pool orders start flowing in this morning for $300.46, which makes sense considering the huge gap up. But they kept continuing... all day.
Here is what I noticed today that is cool:
48 total dark pool levels today for $3.6...
Planes are 80% full because the number of flights is minimal at best. Any meaningful travel rebound is going to take some time, to get to the level of travel accessibility before the virus might even take years.
Quite frankly the balance sheet is a disaster and their asset collateral is a bunch of depreciating planes, but who would even buy them if there is...
Starting my short on TQQQ because i want short exposure to leveraged funds.
I am pretty sure it is these funds that are responsible for the major gaps the last 10 min, and it does not seem like institutional investors are joining, but retail is almost at all time highs.
Meanwhile $DXY looks like it is ready for a face ripper :
I have been bullish on SNAP for years, was able to add a bit back in march.
I think their platform is the most attractive for young people and their event reporting was incredible. This was based off of coverage i saw from sporting events.
But I am noticing how the protest coverage is coming from SNAP. With the impending problems in $FB, i think SNAP is going...