Windergawx
Member
neckline broke on semi but the short trend has held, would open up a large position but the fed rate tomorrow has uncertainty written all over it NDQ
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Misc Stock Market
- Thread starter ForsythSnow
- Start date
I'm a terrible short....I should have held these but I have seen so many times the market rip 1-2% on terrible macro news. I don't mind missing out on gains or losing on longs but I hate losing money short.
Terrible price action...broke the low of the day and then ramped it right back up hard into the close. I hate when the market gets like this...I am still very light and not touching this when it gets like this.
RoddyPiper
Member
I cleared $1500 on TSLA calls at the open
Market is so brutal...3 days of heavy selling last week essentially erased overnight.
I'm not happy...I was 70% cash coming into today and now I have a decision to make. Chase this or wait...I am waiting for now.
I'm not happy...I was 70% cash coming into today and now I have a decision to make. Chase this or wait...I am waiting for now.
Still not chasing...this type of gap up after heavy selling last week is so difficult...aggravating. This is the 5th day SPY has rejected $515 the past couple of weeks. That doesn't scream breakout but if this closes on the highs today then maybe we get another gap up tomorrow.
My plan is if it breaks that trendline to add with a stop at LOD. I would much prefer this rollover hard though...
My plan is if it breaks that trendline to add with a stop at LOD. I would much prefer this rollover hard though...
Windergawx
Member
on the NDQ it went back to retest the fib zone and it was around the bottom of the short term trend
Brutal...was about to add but then didn't get the follow through 10min candle. So predatory...it looks like it's going to rollover. Today is why you can't short this market...you get to stare into a huge gap up like this and now they roll it over.
That TSLA move was disgusting this morning. Opened above 170 then they quickly yanked it below 166 and boom straight to 175
Windergawx
Member
LAC might have a good quick swing
Windergawx
Member
have a few limit orders in.. guessing after the ride back up to find resistance we will drift down this afternoon.
mm crow lol guess we didnt trend down
mm crow lol guess we didnt trend down
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Jumped back in some OTM TSLA calls this morning on the dip. Let’s see if I can blow an account.
Windergawx
Member
nice hit on LAC
Seriously...the DOJ is going after Apple because of this. If Apple loses it will set back innovation into the stone ages.
www.yahoo.com
Justice Department sues Apple, alleging it illegally monopolized the smartphone market
The Justice Department on Thursday announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors, stifles innovation and keeps prices artificially high. The lawsuit, filed in federal court in New...
ForsythSnow
Moderator
I for one hope Apple loses. They haven't actually innovatived for a long time. True innovation was at the beginning. Their practices as a business are becoming the epitome of bad consumer practices like always finding a loophole around right to repair.Seriously...the DOJ is going after Apple because of this. If Apple loses it will set back innovation into the stone ages.
Justice Department sues Apple, alleging it illegally monopolized the smartphone market
The Justice Department on Thursday announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors, stifles innovation and keeps prices artificially high. The lawsuit, filed in federal court in New...
I don't know enough about other smartphone models but do Android phones have the ability to run iTunes. I'm not sure what they want...Apple should just let other Mfgs use iTunes and iCloud and charge a healthy subscription fee per user. They can't make Apple give this away for free.