Yeah bix is actually broken as heck, not really being used properly anymore as the big guys have found other sources of buying/selling volatility. Vix is being used only intermittently now whenever other sources are not available. That being said, i think the Vix is braking out. I wouldn't touch it though due to the reasons i mentioned above. I've opted into...
SPY is overcooked or close to being overbought. Usually we'd like to see SPY in the actual oversold area of the RSI before going short, but i think even if we breach $420 by a bit, we'll end up closing below it. SPY would not be allowed to close (Markets Closed) above $420. So i'd be building a short position here already all the way up.
Peloton still has tons of debt, failed management. Sure it has its scrubscriptions to it's classes, but is this company really gonna grow? Covid striken times were good for this company, what's gonna happen next to bring value to what they're doing? Overbought. Should have a pullback eventually.
Due to today's pump, entering today is not that nice, so i'd wait a little bit for the next pullback and buy this one.
Tripadvisor is extremely overbought along with the whole market. A healthy pullback should happen regardless of the status of flights in the future. Earnings should also bring this stock back to reality.
Teladoc Overbought. SPY reaching $420, unsustainable rally, the entire market is overbought.
I just think SPY is gonna go down for the next 15 to 45 days. One last visit to $405.
I spik very best London *Claps hands* Price go down *Claps hands* Overvalued. About to post profits/losses, whatever, won't matter. Overvalued. I have a short position in CLF.
Probably, i dunno really. Imagine doing TA on Vix. That's me.
Enjoy the new GME basket. One stock was removed and was replaced with MARA a couple of weeks ago. I would've added APE as -APE in the formula that makes this basket, but Tradingview only allows up to 10 symbols to be combined into 1 ticker and APE is the 11'th ticker in this so... Down to business, i have literally no clue what's going to happen. imgur.com Data...
Not based on any data. I fudged my connection to my data source today and i have no access to actually look things up. This one's purely on intuition. Tesla causes the market to go down, that's it. The top is in. Big downs. My entire port is riding this. I'm ready to get rekt by sudden IV to price conversion shock. TLDR: Big downs
Not trading off my data anymore. Here's my thesis. -Large option OI expiring this week for GME and a lot of other stocks due to leaps bought in 2022/2021. -Going back to my old ongoing theory about SLD Tuesday (Next Week's Tuesday) where the Opex week's options e.g this week's expiring options will settle on Monday and shares on Tuesday. The bigger the amount...
Basically since early December, there's been been around $1 billion in $COIN swaps per day. Last time i saw something of this scale happen was with GME & XRT in August 2020 and again on Jan 4 2021 for the same symbols and even then, the amounts paled compared to what's being traded on $COIN. TLDR: Buy COIN Shares or contracts 8 months out. Contracts over 6 months...
This week's gotta be a down week for the entire market. At least that's what the data i have says. Meme stocks, fundamentally strong stocks, everything should be down and that includes CROX/DDS/KO etc which will provide a nice buying opportunity at their new lows. The Bank Holiday Monday provided a nice opportunity for ESand US100 to flip over and an opportunity...
Be sure to load up responsibly at the correct zones. $19.5 and $17.xx are decent prices to get in. Always save some cash to buy more later at lower prices. Don't go all in at current prices. I've loaded up on March calls $20c for around 1/4 port value. I'm ready to get more if we dip more at $17.xx will probs get $18c for the same expiration. Sorry for switching...
Not looking good... there could be another leg down for XRT which would drag stocks like GME to $16.4 An imminent market crash could support this move...
To add a good approximation of what the current meme basket looks like just copy this and add it as a new symbol. AMC+CHPT+COIN+DT+F+FIVN+GME+GRAB+HOOD+LUMN This is the current basket and someone's sold $166 mil worth of spreads ranging between $0.4 up to $6.3 in spread on this basket on the 7'th of Dec and 15'th of Nov. There's around 78 transactions worth $2m...
Tesla's oversold by quite a bit. Last time it was this oversold was Aug 20 2020 where a lot of things happened with TSLA's price if you remember. That's it. No data, no nothing. Just TA and some fundamentals with it's incoming earnings for EOY which are expected to be at $28 billion, a record high. Not to mention they're starting production of Teslas at the...