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Misc Stock Market

What the heck does this company do? Or does it even matter in this market. ?‍♂️

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If the same thing that’s worked for the last two options expirations happens again, buy is probably Tuesday midday around 4280-4300 or so instead of anywhere around here.

There’s something with monthly option expirations that has caused lows for the time being on the day after options expire at times. Worked December, worked last month, this month… ????

Feels 50/50 though. Either that works or the next time Powell speaks, SPX will be at 3800 and because of the jitters over what stocks are doing, they will have likely made no more progress in tightening financial conditions (raising the Fed funds rate is one thing that you can do, but they likely would like for TNX to go higher, which is why there has been so much talking by them, but it is not happening if stocks see a fast move down).
 
That red candle
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These mother ******s gapped it back up into the wedge Tuesday premarket and lost all control today A2A0040C-3D47-4534-A434-312BECA4A89D.jpeg
 
What do we thing tomorrow ? Monthly OPEX and mounting Russian tension . Regardless if you believe they are really gonna invade the narrative remains and the market reacts to every bit of news


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Unless there is another news report about Russia deescalating late tonight, tomorrow is going to see a lot of hedging (which drags the market lower) or outright selling, and possibly a lot of piling into bonds and gold, out of fear of what might come over the weekend. Probably end at 4300 then (and bottom on Tuesday).

There is some positive divergence between SPX and the VIX, but a positive move tomorrow would likely rely on what happened early Tuesday morning happening again.
 
GeorgiaGirl said:
Unless there is another news report about Russia deescalating late tonight, tomorrow is going to see a lot of hedging (which drags the market lower) or outright selling, and possibly a lot of piling into bonds and gold, out of fear of what might come over the weekend. Probably end at 4300 then (and bottom on Tuesday).

There is some positive divergence between SPX and the VIX, but a positive move tomorrow would likely rely on what happened early Tuesday morning happening again.
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What is Reddit saying?
 
My thoughts. …



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r/stocks • 5 hr. ago
Posted by antibody339
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Current federal funds rate is .25%. Yet, 30yr fixed is now 4%?! Are they profiting hugely from this discrepancy?​



30 year fixed national average is now 4%. Which in itself is insanity to me because last year I was approved for 2.5%, no points needed. I understand that JPOW is going to raise the rates to combat inflation (any day now…..) but in the mean time banks are capitalizing off this huge discrepancy. Are they in for a stellar report come earnings season
 
Rain Cold said:
What is Reddit saying?
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Honestly think retail is getting close to being blown out completely. Reddit didn't have much traffic for the kind of day that was seen (at least what I look at as I don't do WSB) and at least on the Nasdaq (not checking the others), there was low volume (apparently the lowest volume in 15 months) for what was a 3% drop.

Buyer's strike.
 
GeorgiaGirl said:
Honestly think retail is getting close to being blown out completely. Reddit didn't have much traffic for the kind of day that was seen (at least what I look at as I don't do WSB) and at least on the Nasdaq (not checking the others), there was low volume (apparently the lowest volume in 15 months) for what was a 3% drop.

Buyer's strike.
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Question is will we get any follow through to the downside. Right now people are buying the dip after these big down days. A close below the 50wma could open up a waterfall.

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Seeing a lot of frustration on social media with these gap ups after big down days. To really change sentiment we need a big down day with follow through to the next with a gap down and push down. These pre market bids are very frustrating if you got stopped out yesterday afternoon.
 
Does anyone know where to get PSEC, Prospect Capital Corporation, DRIP through DTC" that issues shares based on 95% of the market price (a 5% discount to the market price)?

I’ve checked Ameritrade and Robinhood with no luck. While they provide the DRIP, they don’t provide the discounted reinvestment.

Thanks
 
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