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Misc Stock Market

KyloG said:
You brave. I sold the 2000 shares of FRSX at 7.50...bought for 6.90. No clue what’s going to happen tomorrow. Thank goodness for PINS, DKNG and CCL.
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Jimmy likes to touch fire but not bathe in it ! He gotta stick out the whole way through not settle for losses . Losses aren’t realized till you sell!
 
Lickwx said:
Jimmy likes to touch fire but not bathe in it ! He gotta stick out the whole way through not settle for losses . Losses aren’t realized till you sell!
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I know. I’m bad about selling for a loss. I’m a better trader in a bear market. I can’t go perma bull. It’s just not in my DNA.
 
If this is early September, Apple and Amazon put in similar attempted reversals after Nazzie land was brutalized on day 2 and those attempts failed the next day.

But it feels as if that could be it as things aren't always similar, that first 20-30 minutes was probably capitulation by weak and late longs plus more margin calls.

Main thing that will matter though is that 10 year yield. If it pukes, selling is over most likely.
 
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I’ll just say this much, and this is the way I see it, things get sketchy when the market starts dumping with Bitcoin.
 
I think "they" have been smashing the VIX because of the amount of inflows in UVXY. So unfortunately I don't think UVXY would do you any good unless you move fast there.
 
GeorgiaGirl said:
I think "they" have been smashing the VIX because of the amount of inflows in UVXY. So unfortunately I don't think UVXY would do you any good unless you move fast there.
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Yep. Not a long hold. People get stuck over there. Decay is a killer.
 
They kept the SPY far away from the bottom of the 100 day moving average channel today. Money printer go Brrrrr. It will test it eventually. Where it goes from there? Who knows D197CDF1-FCA8-447D-A2D9-535D812C6D30.png
 
Jimmy Hypocracy said:
This is normal. Not top heavy at all lol

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I think this is going to get ugly this year...we don't have Trump to pump the markets with his tweets. I think we see the bottom support in this channel next couple of months. Once that black line support breaks it could come quick. I am thinking SPY 360...which gives back all the gains since August. Atleast, I hope that's as bad as it gets.

The red support line is the March highs and is the oh crap this better not break line.

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It always fascinates me when the algos nail the support lines on the nose. Today STIC hit that support line and bounced perfectly.

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Kobe dies in helicopter accident in LA last January and world/markets go to ---- shortly after. Tiger almost dies in car accident in LA in February this year. This is bad juju, I'm out for the foreseeable future. Good luck boys.
 
UCO,USO and SUNW killing it today,this week.
My golf stocks are floundering. Should have a great 2cnd and 3rd qtr. Ill be doing my part lol

Im gonna keep riding USO and UCO. Get greedy. I think theyll be $70+ range this year. Probably just jinxed
 
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metwannabe said:
GME
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Late day explosion for meme stocks. I knew it was just a matter of time. Beautiful charts for all of them
 
Flipped some options in a ten minute period on GME earlier right when it started to run . Also bought a $130 call at 2.40 pm . I also bought two $7 and $10 dollar amc calls earlier this week . It’s getting pumped as well .
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Sent from my iPhone using Tapatalk
 
Lickwx said:
I sold mine too for a gain of 10. Damn you jimmy!
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I mean I knew what it wanted to do. Chart was obvious. I was even watching on the job when it broke at $55 knowing good and godd**n well what it was going to do. I also had a $14 buy order ready to go for KOSS and shít myself before I could send it through. Now sitting at $28 after hours. It’s just hard for me trying to work and do the amount of trading I would like...from a cell phone. I know I have an eye for this sh**. I’m just lacking the balls lately. Execution is just piss poor and it has a lot to do with my equipment plus not having the time available to focus the way I need to. I know there will be more opportunities out there. But it hurts. I also blew big SNDL and NAKD trades in the last two weeks as well. I’ve got pillow hands. I do this all the time. I’m going to remedy this problem soon. Need to get these 2020 taxes paid so I can get back to where I feel comfortable losing everything again. That’s when I was at my best back in mid 2020.
 
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KODK will blow a lid soon enough. Support and resistance tightening up. Creeping back off support now. Next time it meets resistance there’s a good chance it’s gone. Good looking chart.22C642EC-088B-40D0-B3BC-DC9BCE9933E3.png
 
Looking for GME gains to cycle back into GBR. Same old playbook we saw several weeks ago. GBR ran as the meme stocks saw a pull back. I’ve got It charted to top out between 12 and 15 in the next 3-5 trading days. Maybe. Probably. I think. EC1FE495-AC56-4F03-AD53-F00C9F487989.jpeg
 
Check out the position cost distribution on GBR ? They want out. And they should get that opportunity soon. GME will be telling tomorrow. 9E38D9B6-B2F7-4321-9B90-45FB16B2698A.jpeg
 
Who's rocking the boat...every man for himself right now

I'm in mostly cash in my swing trade account. Not going to start abandoning ship in my IRA's just yet
 
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