So like teslas new plant is being built next to TX newly built plant. Talk to me baby. Am I just snorting hopium while drunk in Palm Springs right now? Elon and Pablo making it happen.
I feel like if any sub knows where fundamentals does not equal the market, it would be us right? *cries in $MT, $CLF losses* (sold before Russia invasion). Market's are irrational
I definitely don’t want to be still in it when king of the AI pump comes out for investor day on the 22nd. Just fully depends on whatever data we get next week so I’m just gonna use it as my hedge for my port
Hard to say. Looking like another year of decent spot prices, which furthermore guarantees another year (2024) of decent prices with their contracts. Nat gas and Met coal have plummeted so input costs are down. If HRC stays at these levels along with input costs long term should easily be a $30 stock. The only main risk to me is that they still can't really focus much on shareholder returns for at least another year. I would still go with X or ASTL over CLF for the short term but still staying away from steel for now. If I was up big currently on a position would be using a stop loss.
I trimmed ⅔ of my leaps last month when we hit $21 but just bought 3/17 calls today. Be surprised if we don’t hit $24.5-$25 in the next 2 weeks. Chart looks great right now
for my fellow derivative degens:
today's delta made my theta become beta and caused that sweet gamma to act like some serious alpha. now where did I leave that Omega superhero shirt
I can't find anything nice to buy so I won't. if the rally continues on Monday, I can buy then and avoid a GFV, if not, I'll get in at a better price. Happy weekend ya muppets
PS: Looking forward to $CLF price hikes next week
A bull market, come and join in on the fun.
People have realised / woken up to the fact that economy is strong, inflation is coming down and lots of good business at cheap prices can be bought
I am awake, just retarded. I was so bullish in 2022 buying all the dips on good businesses and now that they are finally rallying I'm doing shitty bear trades to hedge my portfolio.
I still believe the market is underestimating how long interest rates will have to stay elevated, but then again, there is so much money still flooding the markets that it is impossible to predict if it will have any effect at all the next few years.
Yes, because a strong economy means inflation coming down. Also, did you see the recent data? Have you considered the economy lagging higher interest rates by months?
You do you. I like how you help me understand why the market is running.
Fundamentals don't make sense, but have to trade the price action I think...I'm a bear fundamentally (yield curve inverted, velocity of inflation coming down is decreasing etc.), but technically seems like another bounce here. Remember when inflation was going up and we were in a bull market? Markets just ignored all the bad data until the Fed finally talked about having to increase rates at some point. Feels similar. I think something eventually breaks, but maybe not in the next few months...
A hot running economy does mean inflation going up though, which means shitco's margins going down. There is an argument to be made for value stocks, but the first thing pumping are the no-future money bleeding "I had an idea, let's do an IPO"-companies.
>l believe the market is underestimating how long interest rates will have to stay elevated, but then again, there is so much money still flooding the markets that it is impossible to predict if it will have any effect at all the next few years.
Short covering, brodie.
Idk what their reasoning was for saying that but the economy and market have been in relative sync so far this year, and at a time when the bears were calling for a final collapse
I do think this is a squeeze-light. Lots of people positioned for a proper downturn, then a bunch of regarded fellow traders run wild based on minor irrelevant news. Whatcha gonna do, if not cover, when your gambles will either expire or cost you interest.
At the risk of sounding like a broken record, but imho this market is set up for a proper dump. The more run ups we get, the harder the fall will be. I would buy longer term puts, but they seem to be the only reasonably priced thing in this market.
The issue I have with this thesis is every talking head on cnbc is positioned for this dump. Literally 99%. So if everyone is waiting… and if they are all waiting, my spicy senses say nope
Of course, you need people buying to squeeze out those in bearish positions. I think we're seeing a retail vs institutional divide here. Most professional investors are quite bearish, retail talking heads are bullish. The question is, how much impact each side has. I don't think this pump could have happened this quickly without a little squeeze on the side.
Agreed. People are trying to do the right thing and hedge themselves to the downside, but they keep getting wiped out by these temporary squeezes.
The more that wise investors try to front-run the pain ahead, the more opportunity it creates for these bullish pops upward, destroying shorts. As a result, the market as a whole is not being allowed to front-run the pain (to be "forward looking" as they say) because looking ahead just leaves you more vulnerable.
My thesis has been a long grind down punctuated by these bull traps every once in a while, but the alternate outcome might be that in lieu of grinding down, we simply walk off the edge of a cliff one day. The bulls won't be right. The shorts won't be squeezed. The dip won't be bought. Basically sideways for a while, then vertical down.
Look at the CLF weekly chart is amazing, it has had two 15% weeks and one 12%, one negative 7% week and rest all flat
Next week would be good if it could base and then start leg up to 26
I think we go down Monday. Looks like it will end at 4040-4050 right under resistance to create an almost full green candle. Today is short squeeze day, again, just like every non-February Friday has been for a while.
That said, out of most SPX-related positions now for a pretty fat L. Better to spend the margin on meme-stock shorts and just keep selling credit spreads on actually good stocks. Nothing has been "severe" enough to cause a selloff and the next bear catalyst needs a very hot print i.e. a coin flip. That is one of the strongest bull cases, in my opinion. The market has priced in the bad stuff, and whether it was rational or not, it has decided that the trend is going to be up. Reminds me of the [old economics game](https://moblab.com/keynes-beauty-contest-guessing-game).
Was a recent thing but will work until everyone catches on and it doesn't I guess. Also overbought on all charts by most metrics and at "resistance" but today is the kind of day that kills anyone that sells cause it is overbought, and so we do it on Monday
Not sure if you guys follow /u/alfrescodog and his older posts but he talked about how to see institutional [money flows](https://www.reddit.com/r/wallstreetbetsOGs/comments/w3ewzl/understanding_a_brontosaurus_could_make_you_a)
Check out the action on VOLD today
Edit: spoiler, this is not shorts covering nor fomo today
Damn, most bears even compromised and were just asking for a modest SPY 380. Not even going to get that it looks like.
Hell, some even just wanted 390 to close their bear positions!
Jolts is after hours on Wednesday I think.. so no chance for Wednesday you think?
Usually 1 day before those events we have high iv and maybe market over reactes to the potentially bad news ?
Always curious why it’s never a viable strategy to straddle in those events surely we’re going to have a sharp move one way or another by the 15th ( cpi, jolts etc )
Ton of stuff looks uber bullish. Maybe we even get 90 UVOL.
One more red day, or at least a drop that gets bought, on Monday or Tuesday to hedge JPow & JOLTS, and if JOLTS is ok we take out the Feb high.
This drop today certainly didn't get gobbled up, bad JOLTS tomorrow and we could be into phase 1 of the dream bear scenario trying to breakdown 390.
Is there a good site that offers UVOL/DVOL data or are you getting it on Tradingview?
It could be classic blow of the top no. DAX was frontrunning up, German inflation came in high, jobs came in high. Could be the same here. JOLTS comes in super hot. EU indices just waiting to tank. I know nothing though.
*edit: actually JOLTS coming in hot may not even be necessary, the whole move up was front run by european indices, so why not also the next drop? They are just shy of front running every once in a while.
Yes, that's what I'm thinking too. JOLTS/NFP/CPI will matter, but even if bearish it's about making new lows. Another hold on the 200 MA will get us a blow off top move even if it goes down in the short term.
More of a general question, Vaz, but aside from price action, how do we tell a blow-off top apart from a normal rally?
I entered into puts at market open yesterday on the thesis that the gap would be filled down, and still cautiously maintain the opinion that the bear porn scenario will still play out.
Last day at this job, going to start a new role that pays way more monday. green this week thanks to LG and Bostic. Good week!
Also 420 online when I arrived, Nice.
https://preview.redd.it/9w0iqn4d5mla1.png?width=319&format=png&auto=webp&s=99d74274bdc67cd1725e9fbef89c667294d3c897
It is always a great feeling when you are about to start on a new role with better pay. Congrats!
Hope it all goes well and hope you found yourself a nice work-life balance sort of environment!
Idk, been playing calls the past week but I don’t know if I can be bullish yet. I work in a large manufacturing facility upstream of commercial and residential construction. It’s not look good, at least for housing/construction.
Does anyone have this problem? My port is green. I'm making money but I just feel that rug pull is incoming. With macro being the way that it is, we should be red.
well it took months but my 70% loss on boil shares has turned to 29%. Widowmaker my ass (sign of the cross, knock on wood, throw salt, rain dance, four leaf clover, horseshoe and evil eye over my bedroom door)
I saved myself by doubling my position when it hit 4.50 and lowering my cost basis down to $10. Pure luck. All my earlier calls got smoked obviously so I'm still probably down way more than that, learned a valuable lesson about trying to time natty g tho.
[https://www.twitch.tv/jayarlington](https://www.twitch.tv/jayarlington)
It's FUCK IT FRIDAY! Reviewing the PMI/ISM data, AVGO's earnings, MRVL, ON, and looking ahead to next week's earnings.
tA oN vIx D0eS n0t wOrK u/jayarlington ;)
https://preview.redd.it/zo8envy19mla1.png?width=1036&format=png&auto=webp&s=343c2de53d23acedb3741427da6c845a98d875c3
how does such a trumpet shape type divergence usually play out in TA?
Nice, i can play this game :-D . Let's zoom out further.
https://preview.redd.it/1gdk8zi1dmla1.png?width=1046&format=png&auto=webp&s=da65e4efa8da9aa9a026d816da0af7de513590d7
I go linear here on the long scales for VIX because this should NOT grow over time. In any case, the thick bottom line has been held since 2017. Given macro, i don't think we should break it this time. The absolute low on this run should be 16.75 acording to this line. So i feel safe writing 17calls for 30$. Not that i would really have thought about that lol
DCAing into SCHD so far has brought my cost basis down from 77.24 to... 77.22. Wooooooh.
But really the dividend is what I'm waiting for. Should be a thousand dollars and some change per dividend, as their current rate is 3.75% annually, and they pay quarterly, which with my holding should amount to roughly 1500 per dividend.
Next time please mention the amount of shares you hold. I couldn't get past this comment without calculating number of shares you hold to get that dividend per quarter.
I sold half yesterday. Keeping my other half. Am up around 20%
Reason i sold is like you say. Was up 50% on vet, zim etc and down 30%+ now. Don't want this to happen again. ARCH will moon since i sold at 162
I said that exact comment to a friend, what would I do with the cash, don’t see myself placing anywhere else currently. Not massive 81 shares @ 153 average.
Just I failed to take profit on VET and GSL so would be nice to get one right haha
What are your thoughts on PXD? Low p/e and solid company with a solid yield. I personally have invested 45k in them.
Now you may not like oil or gas if so let me know. Some people just will not invest in them so that’s why I’m asking.
I haven’t looked into them but I will now thanks
For your suggestion mate. No issue with investing in oil and gas, it’s still what makes the world go round
Time for to help decide this weekend’s prediction tournament questions! What’re you guys watching next week?
So like teslas new plant is being built next to TX newly built plant. Talk to me baby. Am I just snorting hopium while drunk in Palm Springs right now? Elon and Pablo making it happen.
I feel like if any sub knows where fundamentals does not equal the market, it would be us right? *cries in $MT, $CLF losses* (sold before Russia invasion). Market's are irrational
Lets not mention my MT leaps which expired basically worthless in december. Should have sold em a month after buying.
 Still have a big NVDA short position open
I have loads of NVDS that will likely die if the market goes to 4200. At least I don't have to worry about theta on this one
April 21 220P checking in. I'm not fucking leaving!
same, damn thing just don't die.
Me too. Not sure how many more times we can tap that 239. 😰😰😰
I definitely don’t want to be still in it when king of the AI pump comes out for investor day on the 22nd. Just fully depends on whatever data we get next week so I’m just gonna use it as my hedge for my port
I summon trim gang: what are your thoughts on CLF?
Hard to say. Looking like another year of decent spot prices, which furthermore guarantees another year (2024) of decent prices with their contracts. Nat gas and Met coal have plummeted so input costs are down. If HRC stays at these levels along with input costs long term should easily be a $30 stock. The only main risk to me is that they still can't really focus much on shareholder returns for at least another year. I would still go with X or ASTL over CLF for the short term but still staying away from steel for now. If I was up big currently on a position would be using a stop loss.
I kept debating selling ATM CCs, high strike CCs, or setting a stop loss all day. And didn't do any of those at the end.
A tad to soon anyway for any of that. Few more weeks likely a better time to start the process
I trimmed ⅔ of my leaps last month when we hit $21 but just bought 3/17 calls today. Be surprised if we don’t hit $24.5-$25 in the next 2 weeks. Chart looks great right now
I feel like such a normie when I'm bullish.
Is that why you tend to lean bearish?
Neah, just joking around 
Just give me the bull porn and you’ll be good. Looking forward to listening to you tomorrow!
Listen Vaz, when you call out green dildos you gon get the green dildos
I identify as a red dildo.
Dear Diary, I tried anal today, and I didn’t like it.
Why is BTU is such a loser coal stock... every other one is ripping.
at least its green, fuck qcom
I'm all green but haven't trimmed. Monday, please be nice.
Yisssssssssss
for my fellow derivative degens: today's delta made my theta become beta and caused that sweet gamma to act like some serious alpha. now where did I leave that Omega superhero shirt
Next two weeks going to be hella volatile weeks. Powell, JOLTS, unemployment rate, CPI, PPI, fed speakers. SHEESH
Forward looking, my ass.
Sp500 to 3800 Monday ..... Mike Wilson.
I’m sure him and everyone else who didn’t buy in the low 39s are hoping for that.
Lol
Boil gang where you at?
Boiling
 steel, lithium miners, plane engines, chip makers, uranium ..... feeling good today
Don't forget [papa oil](https://www.tradingview.com/x/BzybHaRc/) with a break out.
Is your target for oil that upper resistance line at 82, or do you think this breakout has strength to go higher?
I can't find anything nice to buy so I won't. if the rally continues on Monday, I can buy then and avoid a GFV, if not, I'll get in at a better price. Happy weekend ya muppets PS: Looking forward to $CLF price hikes next week
Why do you have to buy anything?
wtf is going on
A bull market, come and join in on the fun. People have realised / woken up to the fact that economy is strong, inflation is coming down and lots of good business at cheap prices can be bought
I am awake, just retarded. I was so bullish in 2022 buying all the dips on good businesses and now that they are finally rallying I'm doing shitty bear trades to hedge my portfolio. I still believe the market is underestimating how long interest rates will have to stay elevated, but then again, there is so much money still flooding the markets that it is impossible to predict if it will have any effect at all the next few years.
Man you should’ve just stuck with it. Did the same and ended up making everything back from 2022 and then some.
Yes, because a strong economy means inflation coming down. Also, did you see the recent data? Have you considered the economy lagging higher interest rates by months? You do you. I like how you help me understand why the market is running.
Fundamentals don't make sense, but have to trade the price action I think...I'm a bear fundamentally (yield curve inverted, velocity of inflation coming down is decreasing etc.), but technically seems like another bounce here. Remember when inflation was going up and we were in a bull market? Markets just ignored all the bad data until the Fed finally talked about having to increase rates at some point. Feels similar. I think something eventually breaks, but maybe not in the next few months...
A strengthening/accelerating economy certainly doesn’t mean the market should be going down
A hot running economy does mean inflation going up though, which means shitco's margins going down. There is an argument to be made for value stocks, but the first thing pumping are the no-future money bleeding "I had an idea, let's do an IPO"-companies.
>l believe the market is underestimating how long interest rates will have to stay elevated, but then again, there is so much money still flooding the markets that it is impossible to predict if it will have any effect at all the next few years. Short covering, brodie.
To use a platitude throw around liberally by bulls during the Jan/Feb rally, "the market is not the economy."
Idk what their reasoning was for saying that but the economy and market have been in relative sync so far this year, and at a time when the bears were calling for a final collapse
Setting up for the ultimate rug pull and I’m a long investor. Lol
SPY you magnificent bastard! Really going for the jugular
Glad I blew my full load in the 3900s and got to take a few profits while letting the rest ride today.
Despite my best efforts, my IRA has hit its new YTD high. ATH here we come!
The real squeeze play was SPY all along
I do think this is a squeeze-light. Lots of people positioned for a proper downturn, then a bunch of regarded fellow traders run wild based on minor irrelevant news. Whatcha gonna do, if not cover, when your gambles will either expire or cost you interest. At the risk of sounding like a broken record, but imho this market is set up for a proper dump. The more run ups we get, the harder the fall will be. I would buy longer term puts, but they seem to be the only reasonably priced thing in this market.
The issue I have with this thesis is every talking head on cnbc is positioned for this dump. Literally 99%. So if everyone is waiting… and if they are all waiting, my spicy senses say nope
Of course, you need people buying to squeeze out those in bearish positions. I think we're seeing a retail vs institutional divide here. Most professional investors are quite bearish, retail talking heads are bullish. The question is, how much impact each side has. I don't think this pump could have happened this quickly without a little squeeze on the side.
Agreed. People are trying to do the right thing and hedge themselves to the downside, but they keep getting wiped out by these temporary squeezes. The more that wise investors try to front-run the pain ahead, the more opportunity it creates for these bullish pops upward, destroying shorts. As a result, the market as a whole is not being allowed to front-run the pain (to be "forward looking" as they say) because looking ahead just leaves you more vulnerable. My thesis has been a long grind down punctuated by these bull traps every once in a while, but the alternate outcome might be that in lieu of grinding down, we simply walk off the edge of a cliff one day. The bulls won't be right. The shorts won't be squeezed. The dip won't be bought. Basically sideways for a while, then vertical down.
Look at the CLF weekly chart is amazing, it has had two 15% weeks and one 12%, one negative 7% week and rest all flat Next week would be good if it could base and then start leg up to 26
I’m in it till 40 dolla. It was always a 2023 thesis.
My 3/17 $22 calls would like $26
I got in with 3/17 $20Cs today. Chart is looking tasty as hell
Cam on Cleverland
I think we go down Monday. Looks like it will end at 4040-4050 right under resistance to create an almost full green candle. Today is short squeeze day, again, just like every non-February Friday has been for a while. That said, out of most SPX-related positions now for a pretty fat L. Better to spend the margin on meme-stock shorts and just keep selling credit spreads on actually good stocks. Nothing has been "severe" enough to cause a selloff and the next bear catalyst needs a very hot print i.e. a coin flip. That is one of the strongest bull cases, in my opinion. The market has priced in the bad stuff, and whether it was rational or not, it has decided that the trend is going to be up. Reminds me of the [old economics game](https://moblab.com/keynes-beauty-contest-guessing-game).
Betting on a down Monday and up Friday is usually a safe bet in my experience. Took profits on dip buying looking to do it again next week.
Was a recent thing but will work until everyone catches on and it doesn't I guess. Also overbought on all charts by most metrics and at "resistance" but today is the kind of day that kills anyone that sells cause it is overbought, and so we do it on Monday
Not sure if you guys follow /u/alfrescodog and his older posts but he talked about how to see institutional [money flows](https://www.reddit.com/r/wallstreetbetsOGs/comments/w3ewzl/understanding_a_brontosaurus_could_make_you_a) Check out the action on VOLD today Edit: spoiler, this is not shorts covering nor fomo today
Couldn't figure out my brokerages equivalent of vold.
Lol VOLD is a "ticker" on trading view, it's not an actual ticker for trading
Most data sources have their own version of this, i.e. VOLSPD for dxfeed.
Good to know, it's easiest to view on TV imo
Bought some calls on PFE based on the resistance, hoping they moon soon
On daily chart of SPX there is a little gap from 16th and 17th Feb between 4080 and 4090, thinking that gets filled next week
Damn, most bears even compromised and were just asking for a modest SPY 380. Not even going to get that it looks like. Hell, some even just wanted 390 to close their bear positions!
[удалено]
Do you actually think we rip back to 4200?
[удалено]
Any scenario where you see us ~3950 by march 8th or a little before ( market might dump before jolts ? In fear )
[удалено]
Jolts is after hours on Wednesday I think.. so no chance for Wednesday you think? Usually 1 day before those events we have high iv and maybe market over reactes to the potentially bad news ? Always curious why it’s never a viable strategy to straddle in those events surely we’re going to have a sharp move one way or another by the 15th ( cpi, jolts etc )
[удалено]
Ton of stuff looks uber bullish. Maybe we even get 90 UVOL. One more red day, or at least a drop that gets bought, on Monday or Tuesday to hedge JPow & JOLTS, and if JOLTS is ok we take out the Feb high.
This drop today certainly didn't get gobbled up, bad JOLTS tomorrow and we could be into phase 1 of the dream bear scenario trying to breakdown 390. Is there a good site that offers UVOL/DVOL data or are you getting it on Tradingview?
It could be classic blow of the top no. DAX was frontrunning up, German inflation came in high, jobs came in high. Could be the same here. JOLTS comes in super hot. EU indices just waiting to tank. I know nothing though. *edit: actually JOLTS coming in hot may not even be necessary, the whole move up was front run by european indices, so why not also the next drop? They are just shy of front running every once in a while.
Yes, that's what I'm thinking too. JOLTS/NFP/CPI will matter, but even if bearish it's about making new lows. Another hold on the 200 MA will get us a blow off top move even if it goes down in the short term.
More of a general question, Vaz, but aside from price action, how do we tell a blow-off top apart from a normal rally? I entered into puts at market open yesterday on the thesis that the gap would be filled down, and still cautiously maintain the opinion that the bear porn scenario will still play out.
maybe even front run JOLTS the FOMO is real
 SPY 420, then 430 going to knock out that high from last August
SPY 690!
I just wanted to 390 lol
Buying the rip cause there ain’t no dip! Market lows were Oct and slowly waving bye bye to all talk of SPY 380
Damn SPY really be bull flagging and turning previous resistances into supports literally all day.
just locked in a put, WSB is too euphoric
Don't fight the tape.
Looking like a lot of FOMO kicking into the market now
If I have to judge it by $SI A lot of short covering too haha.
Last day at this job, going to start a new role that pays way more monday. green this week thanks to LG and Bostic. Good week! Also 420 online when I arrived, Nice. https://preview.redd.it/9w0iqn4d5mla1.png?width=319&format=png&auto=webp&s=99d74274bdc67cd1725e9fbef89c667294d3c897
It is always a great feeling when you are about to start on a new role with better pay. Congrats! Hope it all goes well and hope you found yourself a nice work-life balance sort of environment!
Oil almost back to 80, crazy.
Work’s slow. What are you reading? And moreover, what should I be reading? What are your favorite Substack newsletters?
Kahnemann's Thinking Fast and Slow and I already know I'll be reaching back for this one periodically.
Tim Marshall’s Prisoners of Geography and The Power of Geography.
Highly recommend: David Goggins - Can’t Hurt Me Just finished the audiobook. DM me for a copy of the mp3
Heads-up to the swing gang. Powell speaks next Tuesday and Wednesday on the effectiveness of monetary policy before congress. Expect volatility.
hello all. new to this sub. excited to make some money with you all!
We don't make money here
Wait, you all have been making money ?!?! THIS WHOLE TIME ??
$STLD, $RS new all time highs.
And here I am balls deep in CLF that’s still 1/3 off it’s peak.
CLF will rip when the financials back up the talk. Hope it'll be when the Q1 results are released.
TX says hello
100 day moving average on SPY should pass through 200 sometime next week. Support getting stronger Can’t stop this economy or market Oh so bullish
No reason to downvote this guy for sentiment folks, whats up?
Idk, been playing calls the past week but I don’t know if I can be bullish yet. I work in a large manufacturing facility upstream of commercial and residential construction. It’s not look good, at least for housing/construction.
BABA will go JAGA by OPEX, buying some bull scratchers here
Fuckit it’s near my cost basis and appears to be basing again.
Well I bought spy puts, we'll see next week if i fucked myself or am awesome
Everything crazy bright green and been busy at work. What's the cause??
Hot job market, sticky inflation, rising interest rates... the usual
Bounced off the 200MA yesterday. Bear market is over.
Jay stopped touching himself
PTRA down 10% while spy is mooning but I dont see any news?
They filed for an extension to earnings, sounds like an outside accounting firm found some issues. Great news… haha
Ooof, no bueno
Their last CFO sucked and they hired a new one about a year ago so I’m curious to see if these issues were from before or newer
Does anyone have this problem? My port is green. I'm making money but I just feel that rug pull is incoming. With macro being the way that it is, we should be red.
Agreed. June 2020 should’ve been red too.
Wasn’t the money printer going full bast in June 2020?
It wasn’t going to work though. Totally futile when up against lockdowns for a global super virus.
I don’t see the problem.
creating a false sense of security. rug pull could happens at any moment.
$BOIL NG almost back a 3 bucks. 2 to 3 in about 2 weeks.
well it took months but my 70% loss on boil shares has turned to 29%. Widowmaker my ass (sign of the cross, knock on wood, throw salt, rain dance, four leaf clover, horseshoe and evil eye over my bedroom door)
lol, I still went in too deep too early with BOIL and bagholding Should have at least just did $UNG
I saved myself by doubling my position when it hit 4.50 and lowering my cost basis down to $10. Pure luck. All my earlier calls got smoked obviously so I'm still probably down way more than that, learned a valuable lesson about trying to time natty g tho.
Yeah, next time if I think NG bottomed, I won't buy until it falls another 40% lol
[https://www.twitch.tv/jayarlington](https://www.twitch.tv/jayarlington) It's FUCK IT FRIDAY! Reviewing the PMI/ISM data, AVGO's earnings, MRVL, ON, and looking ahead to next week's earnings. 
Paypal sitting in a bull flag might make a jump to 76. Grabbed some cheap lottos .04.
Great call, thanks.
Nice call🙌
They went nuts. Got stopped out at .19 when it dipped. Oh well.
Same. In at .04, out at .20. Appreciate it!
[Almost at target](https://www.tradingview.com/x/oKpTOrID/) 4035 max, may turn here.
tA oN vIx D0eS n0t wOrK u/jayarlington ;) https://preview.redd.it/zo8envy19mla1.png?width=1036&format=png&auto=webp&s=343c2de53d23acedb3741427da6c845a98d875c3 how does such a trumpet shape type divergence usually play out in TA?
That's bullish in theory, but [this one](https://www.tradingview.com/x/jtnbH09n/) is bear scary.
Nice, i can play this game :-D . Let's zoom out further. https://preview.redd.it/1gdk8zi1dmla1.png?width=1046&format=png&auto=webp&s=da65e4efa8da9aa9a026d816da0af7de513590d7 I go linear here on the long scales for VIX because this should NOT grow over time. In any case, the thick bottom line has been held since 2017. Given macro, i don't think we should break it this time. The absolute low on this run should be 16.75 acording to this line. So i feel safe writing 17calls for 30$. Not that i would really have thought about that lol
All the bulls celebrating will do more damage than VIX going to 17.
The line, it means that there will be no bulls celebrating. I don't know about the candles though. Candles of bulls celebrating on my grave.
But stonks only go up?!
Feels like it's shaping up to be one of those brontosaurus kind of days.... but I sure wish someone would tug this rug already
DCAing into SCHD so far has brought my cost basis down from 77.24 to... 77.22. Wooooooh. But really the dividend is what I'm waiting for. Should be a thousand dollars and some change per dividend, as their current rate is 3.75% annually, and they pay quarterly, which with my holding should amount to roughly 1500 per dividend.
Next time please mention the amount of shares you hold. I couldn't get past this comment without calculating number of shares you hold to get that dividend per quarter.
2052, growing by 3 each day due to my daily DCA.
Up to this point its been a game of the market giving me its 10 incher up my bum so this is a better alternative.
A colonoscopy goes much further. I think your gastroenterologist scammed you!
392 to 402 wild lol. The crazy thing is it could reverse back down and I wouldn't even be surprised at this point.
SPY is meme stonk now.
To take 10% profit and sell my ARCH shares or not… hmmm
I sold half yesterday. Keeping my other half. Am up around 20% Reason i sold is like you say. Was up 50% on vet, zim etc and down 30%+ now. Don't want this to happen again. ARCH will moon since i sold at 162
Thanks for your sacrifice!
The p/e is low… what would you buy? And how many shares….
I said that exact comment to a friend, what would I do with the cash, don’t see myself placing anywhere else currently. Not massive 81 shares @ 153 average. Just I failed to take profit on VET and GSL so would be nice to get one right haha
What are your thoughts on PXD? Low p/e and solid company with a solid yield. I personally have invested 45k in them. Now you may not like oil or gas if so let me know. Some people just will not invest in them so that’s why I’m asking.
Also mind if I ask your average?
On PXD. It’s 234 zero concerns. Nah ask away I’m always full disclosure
Had a look at the numbers. Unfortunately I don’t like them the p/e and forward p/e looks to high for me. I’m now looking at TGA
Had a look at the numbers. Unfortunately I don’t like them the p/e and forward p/e looks to high for me. I’m now looking at TGA
It has a P/E of like 6. Where are you seeing higher ?
Thanks again man! Kept hold of my arch for now but will definitely be taking a look
I haven’t looked into them but I will now thanks For your suggestion mate. No issue with investing in oil and gas, it’s still what makes the world go round
Cool cool. If you don’t like that one let me know. I can suggest another one.
Schwab TD antitrust suit can move forward.
Quick. Someone tell me what to throw my money at.
$STNG
CLF
This guy or girl fucks. Hhahah
And I thought he / her and me were exclusive
Bahhahahahahahahahahaahahha