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Misc Stock Market

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Oh ......


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Uh oh…only 1 trade today. Bought AMD pre market at $88.60 and closed at $91. In and out.

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Margin call this afternoon ?‍♂️

Indexes are quickly extended to the downside. SPY down 7% in 3 days. Eyeing some dip buys for scalps.

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It's amazing watching the qqqs get pumped to 28 , down to 22 and now pumping again all within an hour


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SPY had 15 straight hourly red candle. Hard to fathom.

Buyers aren’t gobbling up the dip now either. ?‍♂️

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So can't we buy twitter now for $52 and then get $54.20 when transaction is final. How is this not free money? Is it just the risk that transaction falls apart?
 
So can't we buy twitter now for $52 and then get $54.20 when transaction is final. How is this not free money? Is it just the risk that transaction falls apart?
Yes, there’s still the risk the deal falls apart. I must admit it’s a tempting trade, though. I’m not sure the timeframe in getting your $54.20, though. It could be a while to have your liquidity locked away.
 
Amazon calls ripping from this am


Man this market chop . Down ten points one day with a 10 point swing the next


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Amazon calls ripping from this am


Man this market chop . Down ten points one day with a 10 point swing the next


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It’s tough right now. We are a headline away from 2-3% index swings.
 
A who’s who reporting tomorrow. With Fed meeting next week with a certainity of 0.5 rate hike and continued hawkish tone I don’t know what to expect. I do expect we are green tomorrow. I have a few dip buys today but I was very tentative so it’s not much.


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The entire month of April you got punished if you bought any strength. But, with that said this usually likes to test the 20dema…so I do expect that to happen.

These daily candles are meme stock candles…nuts.

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Tesla chart is tight…big move one way or another is coming.

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Sitting on my hands today....I got stopped out of a couple of small longs I added yesterday. Market is broke as ....
 
AXSM if you want to buy on oversold reaction (smaller drug got delayed) small cap biotech stock with a drug as close to FDA approval as you can get.

AX05 should be approved within a month
 
Wouldn't be surprised to see the classic dump n pump scenario play out todqy through the next day or two...down today, blast higher off of great earnings.
 
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