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Misc Stock Market

Did not expect that open, but I'll be fair and say that I felt that if Russia got the boot from SWIFT, that we'd see 4040 trade on Thursday.

Then we saw the EU and US impose what seem to arguably be even more brutal financial restrictions on Russia's central bank then just certain banks being dropped from SWIFT.

I'm in full support, but it's going to be genuinely interesting to see how this plays out. I think Russia is in a better spot with their debt, but back in 1998, when the Ruble collapse forced them to default, it exposed a big cockroach in LTCM (this is something that I know just through reading btw), which led to a bailout because of concerns over contagion from it.
 
Broken024 said:
I quit if this opens green
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Keep in mind I bought EOD SPY 419 puts for the next day after the melt up Thursday around 428. Futures dipped under 423 that night and I was counting my stacks...in the end it opened well above 430 and I sold that morning at the bell for a 55% loss. This market hates bears.
 
Jimmy Hypocracy said:
Keep in mind I bought EOD SPY 419 puts for the next day after the melt up Thursday around 428. Futures dipped under 423 that night and I was counting my stacks...in the end it opened well above 430 and I sold that morning at the bell for a 55% loss. This market hates bears.
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It's different this time ???
 
Storm5 said:
Ripping is a bit extreme but it was a nice bounce. Still down almost 2 percent . Probably will wake up to all Russian troops out of Ukraine and Powell saying no rate hikes ever


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We wake up to a “ceasefire” or “withdrawal” headline it’s going to be a limit up kind of day.
 
KyloG said:
We wake up to a “ceasefire” or “withdrawal” headline it’s going to be a limit up kind of day.
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I don't think there is any chance of either but crazier things happen . For sure zero chance of withdrawal. Ceasefire is possible


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buckinbronco said:
What strike expiration you thinking?
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Depends on where we open anything sun 430 and I'm buying weekly spy 430 calls . Huge risk with a fed meeting this week and the state of the union Tuesday night . Probably buying march 25th Amazon $3000 calls and Tesla 850 calls

Of course we might wake up to a peace agreement and green markets lol


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S&P futs bounced where it had to last night to continue the momentum from last week...$4250-$4270.

We got Fed speakers all week, CPI next week, PPI/Feb meeting the following week. It's going to be crazy next couple of weeks...

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