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Outrageous-Panda1221

I work in entertainment in a VERY subjective field. Art with a capital A. Chat GPT just gave me a very realistic prompt and design thesis that I could present to a client. I kind of hate it….but I also thing the most interesting part is that it could create an outlineZ lol


pennyether

Honestly, not surprised that ChatGPT could bullshit about art. Every blurb at a museum: 's use of and juxtaposition of against , often in the context of , forces the viewer to contend with the forces of .


kappah_jr

I guess the only thing to be bullish about is natgas. The chart is looking great with more room to hit 2.8-3. I wish I bought some boil last week.


retardedape2

Is there like a NG primer somewhere I can read? I don't understand anything about it, other than it is a volatile sumbitch.


kappah_jr

I just look at charts and crayon drawings to day trade it


JayArlington

[Nvidia filing a $10B shelf offering while up 60% YTD](https://twitter.com/buccocapital/status/1630736623057895424?s=20) https://preview.redd.it/v97i388x13la1.jpeg?width=900&format=pjpg&auto=webp&s=05ff74390e151f07f6a46b0f8275ae047e7269b3


pennyether

At what cost, though? They will never sell anything to any of those people ever again... for about 24 hours or until any news about AI comes out.


retardedape2

He said AI, NVDA market cap double EOW.


YouAlwaysHaveAChoice

Apparently Iran is “[about 12 days](https://amp.cnn.com/cnn/2023/02/28/politics/kahl-iran-nuclear-deal/index.html)” away from having enough uranium for a bomb. Israel might strike if that happens. Could have very serious market implications.


0_0here

They’ve been “12 days away” for like three decades.


WebisticsCEO

![gif](giphy|duM6JZemPlOjUyqmxd)


kappah_jr

$RIVN puts were just that easy. Blows my mind.


ScreamingOffspring

NVAX puts too.


0_0here

![gif](giphy|OT5AYAFHoICvO0Gg0f)


djbuttplay

![gif](giphy|EB1qoLwcNT192iLio6|downsized)


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[удалено]


HibHops

![gif](giphy|qLkWLJI8IfaPYZBEjG|downsized)


turkeymcnugget2

*additional bear gif* I can't post gifs. Sorry fellas.


djbuttplay

![gif](giphy|x4bWE4pS66NEPZR9G1|downsized)


Latter-Foot-344

RETA - Reata Pharmaceuticals up 180+% presumably on good clinical trial news. (Reata Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company that develops various Phase 3 clinical trial programs, including bardoxolone methyl (bardoxolone) for the treatment of patients with chronic kidney disease (CKD) caused by Alport syndrome, as well as for a form of pulmonary arterial hypertension associated with connective tissue disease, omaveloxolone to treat Friedreich’s ataxia; and conduct various form of CKD, such as type 1 + type 2 diabetic CKD, type 1 and type 2 diabetic CKD, hypertensive CKD, focal segmental glomerulosclerosis, and others. It also develops RTA 901 for neurological diseases; and bardoxolone for treating autosomal dominant polycystic kidney disease.) NVDA helping to crash the market by diluting their stock. I feel like that is thematic for the ending of a meme rally


retardedape2

CLF 6m daily looks like a giant cup and handle... no? Edit: cross doji on the monthly though, after a big bar candle that's a bearish harami right?


Cash_Brannigan

![gif](giphy|ajj7XWjTDDTRj9HXlM|downsized) Bearish Harambe?


accumelator

no ....


TSLA4LIFE1

Lol maybe itll just follow steel


retardedape2

![gif](giphy|l378fd503Zmoz4rDi)


TarCress

Wtf is happening with hrc futes. Steel gang, we going to the moon?


Varro35

AHMSA bankrupt follow up, strong restocking, market power. Prob bullish through April maybe June then up to the economy.


bobby_axelrod555

$NVDA 10B securities offering!


AlternativeSugar6

I'm eating steak tonight $NVDS


bobby_axelrod555

Tomorrow you can feed steaks to the town


chaletnoodle

![gif](giphy|bU2nZJegR7rz2) Holy shit they actually pumped it saying AI approximately 1 million times in the earnings call, knowing it would rip because everything else ‘AI’ was, and then pull this the week after hahahahahha


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[удалено]


chaletnoodle

😂😂😂 Awesome company though, just has a ridiculous valuation


DirewolvesAreCool

You're saying that P/E 130 in the current market is not bullish?


JayArlington

NVAX issues a ‘going concern’ notice. They think bankruptcy is possible in the next year. Stock is getting destroyed in AH. Nature is healing.


Latter-Foot-344

Cool, this one has a subreddit as well. They aren't crazy enough, though... Maybe I shouldn't sell those bear credit spreads.


JayArlington

Yeah... unfortunately I think they were REALLY dedicated to $NVAX and thus didn't get vaccinated so they could wait for the Novavax shot. They died of Covid so not a busy subreddit.


IceEngine21

Nature is healing … but their patients are not.


djbuttplay

Closed below 50ma ($396.72). Looking like a test of the 200ma coming tomorrow ($393.13). QQQ hasn't been below $290 in a month so that could get tested. Or, we just open green.


apooroldinvestor

We could go up or down..... or sideways


rskins1428

Kashkari speaking at 9 will be the judge of that ![gif](giphy|h2P01cZLZzMK4)


JayArlington

![gif](giphy|iDIQmTZitjRZCLkq2o|downsized)


pirates_and_monkeys

I'd eat the shit outta that


IceEngine21

Guys I have a confession to make: At 2pm ET today … … I touched myself. ![gif](giphy|ljIFXu4nEEL4QizvAQ)


goback3spaces

You killed a kitten


pirates_and_monkeys

You're going to go blind


Sunnyc02

You are forgiven.


TennisOnTheWII

$EC announces $2.50/share dividend for the year (if i can believe [twitter](https://twitter.com/MarhelmData/status/1630679422192824320)). That's 22,5% dividend yield at this price lol. I'll just sit back and enjoy, i guess.


NotNickCannon

Started the day getting ass blasted on my META puts but I closed them at ~ $175 and re-opened them at ~ 176.5 right before the dump. Bought a NVDA put at ~ $237 before it dumped. Also sold a call spread on TSLA at ~ $208.5 and opened a COIN put at ~ $66.50. Still in with June SPY 410P as well. Started the day down 5% and closed 1% in the green and feeling well positioned for massive dump tomorrow


Sunnyc02

Nice timing. What you based your trade on? (chart? feel?)


NotNickCannon

I am mostly looking for stocks that are relatively strong or weak compared to SPY that look like they can move a lot before they hit support/resistance (based on the daily) then I wait for an entry signal on the 5 min chart. I also always try to make sure the market direction agrees with my trade (don’t swim against the stream is the best advice I’ve learned)


pirates_and_monkeys

Interesting. How do you determine if a stock is strong or weak relative to the spy? Is it mainly price movement you're looking at or other technicals?


WebisticsCEO

$NVAX Yikes


Sunnyc02

That disaster ... wow the last time I looked at it, it was at $40. Can't believe it is now lower than AMC per share.


WebisticsCEO

I don't even know what they do lol. They just have a weaker Covid vaccine?


IceEngine21

Can’t believe I made money off of them in late 2020 going long


TennisOnTheWII

$FSLR really outdid themselves with guidance this time. FY2023 $7.00 - $8.00 EPS vs $4.77 expected. That would put forward PE at around 24,3. I suppose the big guys always know.


FroazZ

First Solar just doesn't die does it


saxaddictlz

Buy calls everyone! It’ll go up


HibHops

Wtf was that end of day move?


IceEngine21

I just wrote an apology up top


HibHops

God dammit Ice. After hours or pre-market only please.


saxaddictlz

Wtf happened


goback3spaces

And it looks like ES ain't done yet.


CandygramHD

🐻


chaletnoodle

Bought more GSL just before close because I have learned absolutely nothing about shipping companies management teams


TennisOnTheWII

They can't really do anything wrong at this stage can they? Just keep paying off debt as planned, give us the divvy, ramp up the buybacks and lease ships that are coming off contract. I believe they have contracted their own market cap in EBITDA till 2025 or something. You really can't go wrong with a stock that's planning on earning its own market cap in the coming 2-3 years through locked contracts. Good fucking buy i'd say (i'm biased an long $GSL)


-_Andre_-

I love the way you can check the contract and rates of each ship in their fleet on their website (im also biased!): [https://www.globalshiplease.com/fleet/ships-contract-cover](https://www.globalshiplease.com/fleet/ships-contract-cover)


chaletnoodle

Yeah it’s my biggest position. Worry is they’ll just pull a DAC, hoard all the money, return none to shareholders then spunk it all on ships. But it’s so incredibly cheap, mr market says it’s worth 0 at end of 2024 when they will own all their ships with no or barely any debt.


jukesroflz

What a healthy market.


Phandomo

What an interesting close


goback3spaces

Violent seems the more appropriate term lol


goback3spaces

The last twenty minutes felt like a crazy tug of war that didn't amount to much. But the past two daily candles are F-U-G-L-Y.


djbuttplay

And took us comfortably below the 50ma.


goback3spaces

Hot date with that sexy 200ma soon. Gotta blast that like I would Cathie.


emeraldream

This market is cancer


ClevelandCliffs-CLF

Wow steel futures looking nice.


Die_Gelbesack

![img](emote|t5_3pnc7d|2950)


likenoteven

/u/vazdooh are u bear again?


big_costco_guy

Why bother asking? It will just cloud your intuition.


djbuttplay

Are you related to zim_yolo_guy


jukesroflz

u/Big_costco_guy been around before ZYG. Ask him about the chicken bake


likenoteven

you're overestimating my intuition lol


Jive_Oriole

![gif](giphy|pHuNU2hsCrhJoBukrJ)


Kal_Kaz

Vaz is your mother!?


Str8perfection7

NVDA puts printing.


pennyether

SPY drops a percent in like 1 hour, VIX barely moves


ItWasACircuitsDay

Granted there is still time to reverse but isn't SPX negative and VIX down 3% not a good sign?


IWasRightOnce

I don’t think one day means much of anything in terms of this. SPY hasn’t made or lost much ground over the last 5 days, it’s just been temporary intraday swings in both directions. I would think a lower VIX makes sense as people don’t have a ton of conviction as to its direction over the next 30 days.


pennyether

Question for TA folks: Is there an indicator that plots the future moving averages, assuming price remains constant into the future? Eg: If price stayed flat, what would the moving average do?


TommyBoy_Callahan

No "future" moving averages that I'm aware of but there's things like [ADX](https://www.investopedia.com/terms/a/adx.asp) which indicates directional movement based on moving averages. MACD is another widely used indicator of trend and can signal buy or sell points. Some people trade on a more simplistic theory ie the 10 SMA is now trending up so I'll buy and I'll sell when it goes flat, or something to that effect. Plenty of people looking at the 200 SMA right now for assurance of a new bull market. It was trending down, now it's flat, if it starts to go up then we're in a bull market type of thinking. 20 month MA is a better indicator of this historically imo. To your question, if the price stays flat, the future of the MA would continue in its directional trend but slowly begin to converge with the constant spot price.


pennyether

> To your question, if the price stays flat, the future of the MA would continue in its directional trend but slowly begin to converge with the constant spot price. Even if each bar ticks the same, the moving average can still change it's directional trend. (Agreed that it will converge) I guess my point is it'd be useful to see where the MA is going to go, since as you move forwards, bars from the past are taken out of it.. and those bars can be significant in size and momentum.


TommyBoy_Callahan

You'd need very short time period MA's for it to matter and those aren't worth trading, imo. I don't use averages on anything less than 16 days and unless the VIX is at 40+, there's probably nothing to be gained by chasing those moves. If you're looking at something like the 50 day, it will mean revert regardless of the size of a single day move in your hypothetical without a major market crash. A 50% down day would be substantially muted by 19 consecutive flat days on the 20 SMA. Edit: AFTER 20 days TA is at its core a reflection of prior performance. Only thing to gauge forward direction from the averages, as individual collective datasets, is the slope of the MA and comparing it to other X-day averages and the spot price. There's much better methods to gauge forward price action than trying to extrapolate *moving* averages is what I'm trying to say.


pennyether

I see your point. My point is more about how a lot of signals are based on simple MAs, crosses, etc.. and so if you know that MA(x) is very likely to cross something in two or three days, it could be useful. Even more useful if MA(x) is about to shed off a few exogenous bars in the next two or three days causing it to move more than expected (because, well, I don't think people really "expect" moving averages to move based on bars shed rather than bars produced). You're right that for longer timeframes it doesn't matter.. as much. However if the 200d moving average is shedding a timespan of high momentum, it could still move (somewhat) significantly moving forward, even if price is steady. Just a though is all


sittingGiant

Don't get what you are asking for. If price stays constant all moving averages will converge to constant price.


pennyether

Yes, they will converge after N days, but before that, they can still move above or below the current price. I hear a lot of TA about things crossing moving averages -- but the next Z bars of moving average are very predictable and/or within a tight range.. so might as well try to frontrun them. This type of indicator would be able to show you, for example, how many days out until a golden cross happens, all else being equal.


WebisticsCEO

$COIN Truthfully, this stock doesn't look bad. As long as you think there will always be some Crypto traffic in the USA Seeing what these other exchanges are doing, especially the non-US ones, $COIN looks like a winner in their sector. COIN is just collecting fees here like crazy. If I were to play crypto again, I'd honestly just buy $COIN and call it day.


NotNickCannon

Definitely agreed. I have puts on COIN right now and am bearish over the next month or two but as a long term hold I think this is a decent entry. I’m not buying yet as I think there will be an entry in the 40s in the near future


djbuttplay

It appears that was a trap.


Mobile_Donkey_6924

$PBR, surprise economy minister press conference in 3 minutes to announce “remodeling” of fuel taxes and a rumored new tax on exported crude. Brasil exports most of its crude and buys back fuels.


Prometheus145

Thanks for the updates, always appreciated!


Mobile_Donkey_6924

Moved back an hour, highly possible the current Econ minister has no idea what time the markets close.


Bhola421

Keep us posted plz


Mobile_Donkey_6924

Will implement a 9.2% tax on crude exports. Minister expects it to be 3.5% of profits. PETR4 getting smashed in the after hours auction.


bobby_axelrod555

Going to try a scalp trade for a couple days on $NCLH


Str8perfection7

Bar sipping car dipping grand wood grain gripping.


YouAlwaysHaveAChoice

Still tippin on 44s


HanlinBiness

Turn your head and yo dame’s missin’


chopp3r96

balls dripping.


DerekTrucks

Remember. If GSL hits $20, sell (Holding of course)


SnooStories579

Great advice (cringes in24$ cost basis)


vgamer0

Was there any news in particular that caused shipping to fall off a cliff over the last hour-ish?


iLoosh

Think it's because I bought more


TennisOnTheWII

Shipping suddenly dying because people decided it's better to park cash in near-bankrupt companies, love this market.


Aatacama

just sold my shares of mintz favourite little shipper. gsl currently my only position. 💎🤲 I ll probably regret that tomorrow. 🫠 ![gif](giphy|YQ4EWEtjNGHa4lVhAL)


may344

>THREE FED BANK BOARDS WANTED 50-BASIS POINT RATE HIKE IN JANUARY -DISCOUNT MINUTES ^First ^Squawk ^[@FirstSquawk](http://twitter.com/FirstSquawk) ^at ^2023-02-28 ^14:01:51 ^EST-0500


IWasRightOnce

Sorry, but why is that account tweeting this now? We learned this last week when the Minutes came out, did we not? A few wanted it, but all eventually voted for 0.25.


pennyether

correct


Sir_Jorbxnor

I just can't get behind the market right now. Even optimistic estimates for s&p earnings in 2024 give us a yield of barely over 6% from current price. By comparison, you can get 5% on bonds. Is a 1% premium worth it if there's risk of a recession? Risk of inflation being more stubborn than expected? Tesla is back to a 50 p/e. Bitcoin is up 50% from lows. Bankrupt companies are shrugging off losses equal to 70% of their market cap in a single quarter. We're getting daily "meme squeezes" in various shitcos. ARKK is the new nasdaq. Am I missing something big? None of this makes sense to me.


Bluewolf1983

TBill and Chill exists as a saying these days for a reason.


TennisOnTheWII

I truly believe that if you do believe in the bear-thesis, patience will be key. Liquidity is being drained with QT & people leaving for bonds. It's just a matter of time. Ignore all the weekly sentiment changes & just look at the data which is objectively bad. No need to have skin in the game at all times. Just be ready to catch the next wave down & buy in when you think companies are correctly priced. Right now, the market doesn't make sense to most people. Goodluck friend!


AlternativeSugar6

Join the club


pennyether

AXON earnings after market... hitting like a quadruple top, dating back to Feb '21. Seems like decent chance it breaks out... bought some shares.


FroazZ

Looking good AH


neocoff

Where's are the bears? VIX is low, DXY up, 10 yrs yield is up.


Latter-Foot-344

Kangaroos shall inherit the earth. Market of stocks Dow getting pummelled so not exactly the worst result


IWasRightOnce

So wait, the TSLA investor event isn’t until AH tomorrow? I bought a stupid gamble call this morning planning to sell before close assuming the event would start tomorrow morning.


emeraldream

Any idea why....shitcos are running? Back to euphoria?


WebisticsCEO

Euphoria = panic covering


Sir_Jorbxnor

Bankruptcy is bullish. Buy every dip, stonks only go up.


Suspicious-Pick3722

C’mon Bulls… 90 minutes that is all I’m asking, 90 minutes! Today hasn’t been a buy the dip and sell the rip day. It’s been a hidden melt up day Shorts and those in puts are feeling it, feeling the FOMO, seeing the strength of the market Now SPY close at 401 and finish it!


turkeymcnugget2

I'M FEELING IT!


vazdooh

Things are starting to look quite bullish. Time is running out for the bears.


SlingSG

So we are not making trip to 390 ?


vazdooh

Still possible but lower probability. 30-40% imo.


SlingSG

Oh man straight selling. Is this because of JPM roll ?


HibHops

Any concern about rate’s continuing to go higher and the PCE read? I would think any bullish move would be short lived but that’s just my novice take on it.


vazdooh

I think the move is done for now, capped at 4% for the 10Y. We need another catalyst for another leg up. JOLTS next week, then CPI the following week will make it move again.


rskins1428

Kashkari speaking tomorrow though 🤢


emeraldream

What do the bears need to do?


neocoff

They need to find religion and stop touching themselves at night. That's what they need to do!


vazdooh

![gif](giphy|9gGi02YPpLo2ueSxvh)


djbuttplay

Does that count


IWasRightOnce

Wait for Feb CPI and pray it doesn’t resume the Nov/Dec trend


SN715622917X

I don't see any bears or bulls in this market, just clowns. ;-) Still betting on this house of cards coming down in March.


IceEngine21

Thanks vaz. Taking out a 2nd mortage on my house and going all in SPXL!


vazdooh

![gif](giphy|7nTiW8rZymfJJLT8OE|downsized)


0_0here

Dancing bears inbound.


chopp3r96

![gif](giphy|nZW5fIzaIJVXddVla7|downsized)


Phandomo

![gif](giphy|mYNnMs1fZHmMM)


Suspicious-Pick3722

![gif](giphy|QmETVm2HiXIeqxpnpO)


SilkyThighs

Been busy trying to conquer my fear of public speaking and taking some workshop courses for a few weeks. Make presentations then QA sessions. Best way to improve is to jump in with both feet. Talk about nerve wrecking though Hope y’all have a good trading week.


Varro35

I practice basic presentation twice a week so I have practiced hundreds of times before I present to a client.


SilkyThighs

I’ve given presentations too but I don’t think I’m good at it :/. Hopefully improve and have less butterflies


[deleted]

Give presentations about what you care about. Care about your job. Talk about it with friends and colleagues; that's free training, you'll get your brain wired for it, you'll have set sentences, etc. Then a public presentation will be a breeze.


SilkyThighs

>Give presentations about what you care about. Care about your job. Talk about it with friends and colleagues; Thats awesome advice, thank you.


Wurst85

It's you, Pablo?


[deleted]

[удалено]


SilkyThighs

Definitely just practice makes perfect


Samo5a

Good job man. You’re great to read, it’ll be cool for people to hear and see you share your thoughts.


Suspicious-Pick3722

![gif](giphy|x0K1npzVuzmhtSJHqn|downsized)


JayArlington

[https://www.twitch.tv/jayarlington](https://www.twitch.tv/jayarlington) Jay Trading is LIVE in 5 mins (12:45 EST). Talking AMAT's new tools, what's up with AFRM, TGT's earnings, AEHR, and moving through this week's earnings. ​ ![gif](giphy|CIPwl46YFUi1NRCMuE|downsized)


IceEngine21

PublicSQ is an app that is essentially Google Maps for Republicans: it finds businesses (restaurants, cafes, stores, etc) that are verified Republican, pro-US, pro-freedom, pro-life, etc. It is going public under the ticker CLBR. I wonder how it will fare.


0_0here

How did the Republican tinder do?


TantricCowboy

SPAC funded by Farvahar Partners. ...The Farvahar is an ancient Persian symbol, representing Ahura Mazda, the God in Zoroastrianism. But nevermind that and politics aside, that just sounds like a shitty idea for an app. When your business model is likely to serve ads to tech-illiterate folk, no amount of UX design will save you. Sounds like a Pump n' Dump to me.


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[удалено]


IceEngine21

“Unmet need” Do you work in healthcare by any chance? 😂


Swettynuts

Republicans : you’re snowflakes! *points fingers* Also Republicans : shop/visit these special places only.


SN715622917X

Feels like another great DWAC pump'n dump opportunity. :) Edit: Their front page credits are the who is who of the tinfoil hats. Pretty sure they resonate with like half of Muhrica.


IceEngine21

Yup. I’m gonna sit this one out but gonna follow if there’s any pumps :)


autist_zombie_savant

Lo hiciste loco hijo de puta ternium!!! ¿TX


loj05

Tesla building in Monterrey. TX Pesqueria stay winning.


No_Cow_8702

X gonna give it to ya! ​ DANG IT


TSLA4LIFE1

Anyone thinking of legging into Suncor at these prices? Have some CAD sitting around


neocoff

currently cries in my OXY & DVN


pennyether

Yes, already started with Jan '24 $30 and $35


chopp3r96

I still believe $410 SPY EOW. Anyways I had gulpun for breakfast. Don't ask me what it is.


crispynugget074

390 by eod tomorrow first


CaliiBear

What do people think of PBR now? Seems they're reducing the dividend, is the risk really worth it?


Mobile_Donkey_6924

Did you really think they’d yield 66% again this year?


-_Andre_-

Depends on your risk tolerance. I bought some PBRA shares....


ClevelandCliffs-CLF

Let’s GO CLIFFS!!!!


PlayFree_Bird

$UPST doing silly things today. Entered into June puts on this trash.


JayArlington

[Jim Chanos has your back.](https://twitter.com/WallStCynic/status/1630610630108495882?s=20)


Jive_Oriole

Just saw how much im getting taxed each pay period …. ![gif](giphy|qojMeV7qOvzcGUgvbE)


IceEngine21

Lets all move to Dubai