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Misc Stock Market

Charts are a mess when trying to find key support/resistance with this many gap up/downs but $297 is a pivot. Was resistance back in June.

Can't imagine the market all of a sudden reclaiming $400/$300 in the coming days. I have nothing on and going to wait a few days before I start trying. Been a good few months.

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KyloG said:
Here we go...White House and always commented on the previous CPI reports on them being very elevated. Now we getting the opposite...if CPI comes in light next Tuesday it's going to be chaos.

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So now that we know the truth, was this a pump and dump move by the tres sec? I figured today was going to be a big move one way or the other. I don't trade, just watch things pretty closely for long stuff in the 401k. I just don't see how people can make decisions in this environment.

Fed members speak and the market crashes 3%. WH rumors maybe cooling cpi and we rally, then crash again when it turns out to be false. I guess we'll see if 3900 S&P gets tested and holds this time.
 
Nomanslandva said:
So now that we know the truth, was this a pump and dump move by the tres sec? I figured today was going to be a big move one way or the other. I don't trade, just watch things pretty closely for long stuff in the 401k. I just don't see how people can make decisions in this environment.

Fed members speak and the market crashes 3%. WH rumors maybe cooling cpi and we rally, then crash again when it turns out to be false. I guess we'll see if 3900 S&P gets tested and holds this time.
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The headline trades is making a mockery of the market. Though, I guess you can say JayP was super hawkish and he hasn’t wavered. Just nobody believes him.

Housing is going to implode. How does he get out of that. So much of the avg persons net worth is wrapped up in their house. Plus retirement accounts getting clocked. ?‍♂️
 
Some big sweeps for AMD...I want AMD at $75, would add shares/calls. Hoping that comes this week.

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$AAPL new lows on the day...gap fill down to $154.50 could come fast.

But this looks like it could be a quick roundtrip down to $152.7 this week.

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KyloG said:
The headline trades is making a mockery of the market. Though, I guess you can say JayP was super hawkish and he hasn’t wavered. Just nobody believes him.

Housing is going to implode. How does he get out of that. So much of the avg persons net worth is wrapped up in their house. Plus retirement accounts getting clocked. ?‍♂️
Click to expand...
Bubbles pop and new ones form. Unfortunately, we have markets that don't function properly anymore. It all revolves around monetary policy. There is nothing else that matters.
 
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META/NVDA right at it...if Apple breaks $150 the market is going to get even worse.

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salvaged some of today with Q's short from $298.50. Will cover some soon.

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Sold some of my 9/16 402 puts up 380 percent . Left two runners .

Opened 385 10/21 puts this am and still holding

388 puts for 9/19

Hopefully can scalp calls throughout the day tomorrow

What a wild day


Sent from my iPhone using Tapatalk
 
S&P with clear wedge built and $3900 is the line in the sand. Trendlines aren't the end all be all but....do you feel lucky...

It's difficult to imagine $3640 not being tested before EOY.

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