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Misc Stock Market

Oscillator headed to -120 where the market has bounced hard all year at this level...

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Really feels like AMD will break $71.50 to make a new 52w low and head to $60 but I added more to my long term account. If it breaks $71 I will probably close half and wait for $60 to add back.

Monthly chart

Screen Shot 2022-09-22 at 9.56.49 AM.png
 
Geez

*U.S. MORTGAGE RATES JUMP TO 6.29%, HIGHEST SINCE OCTOBER 2008
 
Waiting on SPY to hit $372 to put some swings on. Some support in that $368-$372 area.

But I think market going to break the June lows "soon".

Screen Shot 2022-09-22 at 10.30.06 AM.png
 
10yr is headed to 4%, easy....which means Q's is going to be 50% off ATH's which is $200 and SPY is probably headed to 35-40% down which is roughly $300. Cash is going to be great as that only loses 9% with inflation.

Screen Shot 2022-09-22 at 10.47.18 AM.png
 
I closed out 1/2 my long term position in $AMD at $71.44...this is going to hit $60 by 1pm.

Screen Shot 2022-09-22 at 10.59.20 AM.png
 
Yep...I ain't moving until I retire and house is paid off, mort rates won't matter then. I don't know how they fix this.

 
Really want that $370 level on SPY....although there is no bid and it's probably heading to June lows very quickly.

Screen Shot 2022-09-22 at 11.22.59 AM.png
 
Looks like SPX will go 3 consecutive red quarters...and would guess it will end being 4 in a row.

Screen Shot 2022-09-22 at 11.49.31 AM.png
 
FdRTk2macAAkUW-
 
I wanna full port swing idea for tomorrow . Just on my wife's swing account . If we flush end of day I might grab calls for the Powell pump tomorrow .


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Time for the end of week pump let's go!
 
Still no swings on...just a brutal close. The ran it up and then el dumpo the last 10 mins. Very predatory, they suck you in and the rug pull....

Screen Shot 2022-09-22 at 4.11.51 PM.png
 
Jimmy Hypocracy said:
Crowded tradeView attachment 121770
Click to expand...

Us bears have been hearing this for weeks . " no way they pay all those puts" and they've printed for two weeks . Not saying same happens here but big boys have been loading outs for week if you look at the flow . It's not just retail


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Storm5 said:
Problem is I was working and missed it and couldn't sell it . So now I'm sure it will be worth zero at open tomorrow .

Looks good now though


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Click to expand...
Going to have a big pump tomorrow.
 
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