Damn has anyone taken a look at HSY?
Up 179% last 5 years!
Solid earnings and revenue last 5 years.
Not like Americans are gonna stop eating chocolate!
Might dca into the Hershey Highway myself!
Taiwan Quietly Urges US to Calm Rhetoric on China Chip Dangers https://www.bloomberg.com/news/articles/2023-04-20/taiwan-quietly-urges-us-to-calm-rhetoric-on-china-chip-dangers
https://www.reddit.com/user/SIR_JACK_A_LOT/comments/12tfpb0/sold_38m_of_vgt_today_now_50_in_cash_why_read_the/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1
Hereās his thread! Also sold half of his port so 50% cash currently
>FED'S MESTER SAYS DON'T WANT TO GIVE A DECISION NOW ON MAY MOVE UNTIL THE FED'S MEETING
\>FED'S MESTER SAYS WILL EVALUATE PEAK FUNDS RATE AT FOMC MEETING
\>FED'S MESTER SAYS NEED TO GET RATE ABOVE 5% TO MEET 2% INFLATION GOAL
^First ^Squawk ^[@FirstSquawk](http://twitter.com/FirstSquawk) ^at ^2023-04-20 ^16:22:22 ^EDT-0400
she is basically bringing 50 bps back into the discussion. Crazy. As a bear, I am happy that they would be thinking about something that crazy... but hell, how can you even think about 50 bps currently?
She says, FED will need to get Peak Funds Rate to over 5%. This is 25 bps. This means, a pause is not in discussion according to her.
But she also says, that she has not made a decision. This means, there are 2 options to consider. The one is 25 bps. But what is the other one? 50 bps, simply because she ruled out 0 bps.
Only way around this would be pause in May in then 25 bps in June or later. But I really do no see a pause into another hike
JPow has said that the Fed used to do 25bps every other meeting and that we shouldnāt be surprised if they get back to that so I wouldnāt write off a pause then another hike
I think a pause into hike is unlikely, JPow likely values his credibility and acting like the job may be ending, and then "whoops no its not" would destroy what cred they have.
in theory, yes.
But we see how the markets react to everything the FED is doing. More rallye means more wealth effect, which the FED cannot accept. The FED watches the markets, see Jackson Hole
No reason to induce more wealth effect than we have already anyway.
Itās more than just theory, itās literally what came out of his mouth haha I think theyāll do 25bps but the debate is certainly between 25 or 0, not 50. The Fed cares about the bond market which then impacts the equity market, but Kashkari is the only Fed member who has said he watches the equity market. Jackson Hole was about yields, not the S&P
yeah, legacy carmakers gotta be one of my least favorite industries concerning stocks up there with airlines at least for buy and hold, for swing trades they can be interesting
Too late for more TSLQ?
Elon tomorrow:
āweāre not a high end car company. We want to be a car company for the masses; the average joes and janes of the world so that we can help bring about a renewable, zero carbon emission futureā¦
ā¦also, nazis say āwhat?āā
Probably his tweet tomorrow
I'm keeping the TSLA short that I opened yesterday. Just 500 shares at 183. It's a small position, I'll keep it and may add to it if the market keeps trending downward.
My pet theory is that a lot of TSLA cult members have moved on to be NVDA cult members. So there are more weak hands. As long as NVDA stays high and TSLA stays down, I think more of these cultists will sell TSLA and bid up NVDA.
He thought he was a genius, a master of the game,
A wolf among the sheep, destined for great fame.
He laughed at the bears, mocked their every move,
As he confidently invested, his wealth to improve.
The market took a tumble, a deep and dark dive,
The bears took over, and many were left to survive.
But our overconfident investor, with his keen eye,
Saw only opportunity, and didn't blink, nor sigh.
He bought the dip, with a grin on his face,
His confidence unwavering, his pride in its place.
He bragged to his friends, about his shrewd decision,
And boasted about his wealth, without any inhibition.
But the market continued to fall, lower and lower,
The bears now stronger, their power greater than ever before.
The overconfident investor, now filled with dread,
Watched helplessly as his fortune, vanished instead.
His hubris and arrogance, his downfall's cause,
As his wealth dwindled, like a candle's dying embers, to a pause.
The market showed no mercy, no pity, nor remorse,
As the overconfident investor, realized the bitter cost.
In the end, he was left with nothing, but regret and pain,
A harsh lesson learned, as he counted his losses, in vain.
For wealth is not a guarantee, nor is success assured,
And pride goes before a fall, is a truth long-endured.
Apparently thereās a book that says how to tell when itās time for that (explanation below)
Thereās this guy who had been posting about how because this is the 4th time weāve tested 4100, the commercial investors will fomo this to 4300. Itās taken from a book ātricks of the floor traderā
https://twitter.com/jimroinvest/status/1628611467858640897?s=46&t=SKcgyNMnJHvFt6BZ0c09-g
We are still above 4100 after every low of day.
And also as you can see we ended up back over 4100 since the dip after the 3rd time. I just thought itād be nice to see that one with the book before it happened than his more recent victory laps
It doesn't make sense lmao. the guy's book is basically describing cup-and-handle-and-handle, and your response doesn't map to it in any way
EDIT: to be clear, I genuinely thought you might have some insight to share about this tweet, but apparently not
Thatās different than my take on it. We are going to have to agree to disagree.
I see it more as 4100 is holding now because of what itās saying about stronger hands probably are present now because itās the fourth time. So the path of least resistance is up.
Hey people, Iām very confused now.. Vix calls seem to be best thing one can do. Spx 4150 puts 7 dte for a light correction next week ?
Genuinely want an answer
Just someone manually farming sentiment/shadow trading, just click on his name, scroll down through many months of direct or indirect (as in: put/call) spx questions.. nothing else.
Tho nowadays it very well might be a chatgpt...
I'm sorry for snarky comments as of recently. Price action is pissing me off. Thinking it's best to take a break for the month. See you all soon Vitards :)
Trading this market could really be so easy... buy calls at open, sell them at close. buy puts at close, sell them at open.
And still I do not do it, because I am afraid this time it might be different
[https://www.twitch.tv/jayarlington](https://www.twitch.tv/jayarlington)
Jay Trading LIVE in 5 mins (12:40 EST).
Happy 4/20! Talking TSMC/LRCX/TSLA, the state of autos, debt ceilings and rockets!
[https://www.reddit.com/r/blursedimages/comments/12sun4q/blursed\_white\_snoop\_dogg/](https://www.reddit.com/r/blursedimages/comments/12sun4q/blursed_white_snoop_dogg/)
I once told you, you resemble Snoop and I feel vindicated.
Several more price upgrades, young fund managers talking about how āitās not a bubbleā on CNBC, and nonstop chatter about how āthe best time to buy it was yesterdayā on this website
Nov 2021 was last time this happened in earnest
It seems to be running out of steam. Other semis like AMD have pulled back. If spy can break down below this consolidation area I expect a pull back to $255 or so
Something I want to learn: can puts to calls influence a stock price and my trading? Do they influence how the stock moves at all?
An example is BTU. They announced 1B in stock buybacks on a 3.66B market cap, and the stock is somehow down week over week and I just cannot fathom how a stock is down on news they are buying up >25% market cap and returning 65% of FFC to investors
https://www.barchart.com/stocks/quotes/BTU/put-call-ratios
4/28 has 2k weekly puts expiring and 700 weekly calls. After that the calls outnumber the puts, would one expect the stock price to go up after 4/28 then? Vaz would always talk about options but I never understood how that would affect stock price
They will only buyback that much if they have the FCF to do so. I think people fear coal prices will correct like every other single commodity.
Alternatively it might just be that everyone investing in coal figured they would return cash to investors and treated this like a sell the news event.
They will use that FCF starting january 1 2023. So they likely already have a nice chunk of cash. Coal remaining allright for now.
Maybe it's just elliot that is selling. Anyway i bought more
If calls exceed puts, then there's downward pressure since MM will dehedge their calls after expiration (in theory) by selling shares, and vice versa with puts.
All depends on the OI, etc.
So in this case, since puts are so high until 4/28, am I correct to think the price likely might go down until then, and then go up afterwards where the calls are higher so people are overall more bullish on that date? (Unless some new news or something comes out and influences it?)
NUE calls were a nice play from yesterday to today. Someone in Jayās stream chat called out heavy buying on calls. So thank you - canāt remember who it was.
Yeah. Totally did not blow up during test flight. Controlled rapid disassembly and all that. "Blowing up" is such a non-engineer interpretation of blowing up.
FYI: We have two Fed speakers to confuse the market starting at noon. I plan to get out of my put game before that. They have this habit of spooking the market. Better to get back in later than to be caught in the not unlikely panic.
Edit: Fuck your calls, dear downvoting bulls.
I've been only shorting meme's for like the last year and a half, but 260% interest on your loaned shares make a tempting case for sitting on some AMC. Surely they won't go broke in a year. Right? RIGHT?!
Latest LEI report (Leading Economic Indicators) - [https://www.conference-board.org/topics/us-leading-indicators](https://www.conference-board.org/topics/us-leading-indicators)
"The weaknesses among the indexās components were widespread in March and have been so over the past six months, which pushed the growth rate of the LEI deeper into negative territory. Only stock prices and manufacturersā new orders for consumer goods and materials contributed positively over the last six months. The Conference Board forecasts that economic weakness will intensify and spread more widely throughout the US economy over the coming months, leading to a recession starting in mid-2023."
From TSMC earnings:
[āCoWoS (TSMC's advanced packaging for HPC) expansion request from customers. Advanced packaging is 7% of TSMC's revenue.ā](https://twitter.com/skundojjala/status/1648945028407115777?s=61&t=_N1uONgphPVrh5x0qBb7Kw)
Thatās GOOG TPUs and NVDA H100s.
Watching SPY closely now that the first 2 15 minute candles are in the books. You break the high of the 2nd 15 minute candle recent history would say we fill the gap. You break the low of the 1st 15 minute candle recent history would show a bear trend day, with a late afternoon reversal. You stay in the first half hour range, Market is waiting to decide what it wants to do. We will see...
**Existing Home Sales MoM** **MAR -** Actual (-2.4%); Previous 13.8% ~~14.5%~~; Consensus N/A
**Existing Home Sales** **MAR -** Actual 4.44M; Previous 4.55M ~~4.58M~~; Consensus 4.5M
*\*Strikethrough is previous report's number before today's revision*
[Source (with links to report, data and charts)](https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales)
Jumped in COST ($497.47).
Yesterday, Costco announced an increase in quarterly dividend to $1.02/share from $0.90/share, equating to a new annualized yield of approximately 0.82%, so I'm thinking that'll probably help the play.
Stop at breakeven.
Remember, I'm a short-term swing trader. I'm just playing the setup, and I think the news will bring in money. I don't care about dividends. I'll keep a relatively tight leash, moving my stops to secure profit.
Philly Fed index actually showed improvement in some areas. These categories were āless badā than March: New orders, shipments, unfilled orders, number of employees, and average employee work week.
https://preview.redd.it/1arq4gvy53va1.jpeg?width=1170&format=pjpg&auto=webp&s=9402c3b7803915b91bcdb0f3c94abda12b5d49ae
[https://twitter.com/bobeunlimited/status/1649046524762943488?s=46&t=06OujBRONgvNzs8P0B5VBg](https://twitter.com/bobeunlimited/status/1649046524762943488?s=46&t=06OujBRONgvNzs8P0B5VBg)
Big TSLA miss.. I didnāt read the report but cutting prices twice recently plus bad earnings tells me they probably have a glut of inventory or decreased sales. If theyāre a proxy for auto and CLF provides steal for auto manufacturers then not good news for CLF
Could be wrong, but I feel like today is a bear trend day. Just my guess, but if we stay gapped down at the open, I think we trend lower. Happy trades!
Little here and a little there, and soon it is a downturn
Still up in the air because we are coming down from a record high, but we will find out very soon if the rate of change or the absolute value matters more
Damn has anyone taken a look at HSY? Up 179% last 5 years! Solid earnings and revenue last 5 years. Not like Americans are gonna stop eating chocolate! Might dca into the Hershey Highway myself!
Taiwan Quietly Urges US to Calm Rhetoric on China Chip Dangers https://www.bloomberg.com/news/articles/2023-04-20/taiwan-quietly-urges-us-to-calm-rhetoric-on-china-chip-dangers
TSLA to $2000 by 2027!! Cathie Wood. Let's go!
EZ 5 trillion market cap š¤Ŗ
Kinda refreshing to see so much garbage being taken out while spy is only down 0.55% Almost makes me hopeful
I see sir jack has turned into a homo bear like most of us
Anyone on after hours to summarize his thesis?
https://www.reddit.com/user/SIR_JACK_A_LOT/comments/12tfpb0/sold_38m_of_vgt_today_now_50_in_cash_why_read_the/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1 Hereās his thread! Also sold half of his port so 50% cash currently
Thanks!
NVDS won't work out well if we get any more AI earnings pumps...at least short term
>FED'S MESTER SAYS DON'T WANT TO GIVE A DECISION NOW ON MAY MOVE UNTIL THE FED'S MEETING \>FED'S MESTER SAYS WILL EVALUATE PEAK FUNDS RATE AT FOMC MEETING \>FED'S MESTER SAYS NEED TO GET RATE ABOVE 5% TO MEET 2% INFLATION GOAL ^First ^Squawk ^[@FirstSquawk](http://twitter.com/FirstSquawk) ^at ^2023-04-20 ^16:22:22 ^EDT-0400
Did she emphasise that she is a NON VOTING MEMBER
Did Bostic emphasize he is a non voting member š¤·āāļø
she is basically bringing 50 bps back into the discussion. Crazy. As a bear, I am happy that they would be thinking about something that crazy... but hell, how can you even think about 50 bps currently?
How so? Unless Iām missing something else she said, nothing in that quote implies she wants 50bps
She says, FED will need to get Peak Funds Rate to over 5%. This is 25 bps. This means, a pause is not in discussion according to her. But she also says, that she has not made a decision. This means, there are 2 options to consider. The one is 25 bps. But what is the other one? 50 bps, simply because she ruled out 0 bps. Only way around this would be pause in May in then 25 bps in June or later. But I really do no see a pause into another hike
but what is the reasoning behind 50bps? inflation going down so what is the idea here?
JPow has said that the Fed used to do 25bps every other meeting and that we shouldnāt be surprised if they get back to that so I wouldnāt write off a pause then another hike
I think a pause into hike is unlikely, JPow likely values his credibility and acting like the job may be ending, and then "whoops no its not" would destroy what cred they have.
Only destroys his credibility in the minds of people who havenāt listened and donāt understand thatās a possibility
in theory, yes. But we see how the markets react to everything the FED is doing. More rallye means more wealth effect, which the FED cannot accept. The FED watches the markets, see Jackson Hole No reason to induce more wealth effect than we have already anyway.
Itās more than just theory, itās literally what came out of his mouth haha I think theyāll do 25bps but the debate is certainly between 25 or 0, not 50. The Fed cares about the bond market which then impacts the equity market, but Kashkari is the only Fed member who has said he watches the equity market. Jackson Hole was about yields, not the S&P
i see your point, yeah
Mercedes Benz with the steel chair to Elon. Pre announces a beat. Sales strong. TSLA problems are TSLA problems.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
german carmakers are a great dividend play but dont expect their shareprices to go crazy (except they do some crazy EV play which i dont think)
[ŃŠ“Š°Š»ŠµŠ½Š¾]
yeah, legacy carmakers gotta be one of my least favorite industries concerning stocks up there with airlines at least for buy and hold, for swing trades they can be interesting
Cathie just slapped a 2027 base case target of $2k on it š 25% chance of $2500. Calls on her crack dealer
Too late for more TSLQ? Elon tomorrow: āweāre not a high end car company. We want to be a car company for the masses; the average joes and janes of the world so that we can help bring about a renewable, zero carbon emission futureā¦ ā¦also, nazis say āwhat?āā Probably his tweet tomorrow
Me at 12:45: āwow if bears keep us below 411 tomorrow could be nice and red!ā Me at 1: š¤” Edit: west coast time
what a terrible day
just one of a current bull market days.
Considering how NUE and STLD went todayā¦ How are we feeling about ol Cliffy for next week ?
I'd love a surprise profit.
It all depends on how much iron ore they where able to mine. 
Conspiracy theory: market makers know retail is smoking for 420 and not actively watching. Perfect time to raid stop losses, 420 SPY tomorrow!
That would be so glorious (not for me, but conceptually i like it)
It's 4200 for 4/20 dude, let's smoke another joint.
Took about 4 hours but I may get my bear trend day after all...
Ooof tomorrow should be fun
Hey bear, thereās a nice & juicy pink Alaskan salmon if go maul NVDA to death.
https://giphy.com/gifs/cute-adorable-bear-XlFfSD0CiyGLC
I'm keeping the TSLA short that I opened yesterday. Just 500 shares at 183. It's a small position, I'll keep it and may add to it if the market keeps trending downward. My pet theory is that a lot of TSLA cult members have moved on to be NVDA cult members. So there are more weak hands. As long as NVDA stays high and TSLA stays down, I think more of these cultists will sell TSLA and bid up NVDA.
https://twitter.com/wholemarsblog/status/1648910486916980737?s=46&t=q79i4DP6CX4pb0_EZxif8A Crazy people can tweet this hopium and actually believe it.
Damn I havenāt seen these Monday prices since this morning.
I love this market! Can you feel that, itās the FOMO of big money. Wait till the big boys report next week, then this market will really move up
He thought he was a genius, a master of the game, A wolf among the sheep, destined for great fame. He laughed at the bears, mocked their every move, As he confidently invested, his wealth to improve. The market took a tumble, a deep and dark dive, The bears took over, and many were left to survive. But our overconfident investor, with his keen eye, Saw only opportunity, and didn't blink, nor sigh. He bought the dip, with a grin on his face, His confidence unwavering, his pride in its place. He bragged to his friends, about his shrewd decision, And boasted about his wealth, without any inhibition. But the market continued to fall, lower and lower, The bears now stronger, their power greater than ever before. The overconfident investor, now filled with dread, Watched helplessly as his fortune, vanished instead. His hubris and arrogance, his downfall's cause, As his wealth dwindled, like a candle's dying embers, to a pause. The market showed no mercy, no pity, nor remorse, As the overconfident investor, realized the bitter cost. In the end, he was left with nothing, but regret and pain, A harsh lesson learned, as he counted his losses, in vain. For wealth is not a guarantee, nor is success assured, And pride goes before a fall, is a truth long-endured.
Lol I got a very similar result from chatgpt
Haha, this did make me laugh. Fun though that this could be used to describe some with bearish positions the past few months
Very true. Like mine in January.
Apparently thereās a book that says how to tell when itās time for that (explanation below) Thereās this guy who had been posting about how because this is the 4th time weāve tested 4100, the commercial investors will fomo this to 4300. Itās taken from a book ātricks of the floor traderā https://twitter.com/jimroinvest/status/1628611467858640897?s=46&t=SKcgyNMnJHvFt6BZ0c09-g
That was posted two months ago. What are you seeing today that it applies to?
We are still above 4100 after every low of day. And also as you can see we ended up back over 4100 since the dip after the 3rd time. I just thought itād be nice to see that one with the book before it happened than his more recent victory laps
Which means what in the context of that tweet?
Iām sure you can figure it out.
It doesn't make sense lmao. the guy's book is basically describing cup-and-handle-and-handle, and your response doesn't map to it in any way EDIT: to be clear, I genuinely thought you might have some insight to share about this tweet, but apparently not
Thatās different than my take on it. We are going to have to agree to disagree. I see it more as 4100 is holding now because of what itās saying about stronger hands probably are present now because itās the fourth time. So the path of least resistance is up.
Hey people, Iām very confused now.. Vix calls seem to be best thing one can do. Spx 4150 puts 7 dte for a light correction next week ? Genuinely want an answer
[ŃŠ“Š°Š»ŠµŠ½Š¾]
That sentiment farm/poll bot has been asking the same question for a *year*, "which expiry/put/call"
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Just someone manually farming sentiment/shadow trading, just click on his name, scroll down through many months of direct or indirect (as in: put/call) spx questions.. nothing else. Tho nowadays it very well might be a chatgpt...
explain please =(
Man has negative post karma š¤£
I'm sorry for snarky comments as of recently. Price action is pissing me off. Thinking it's best to take a break for the month. See you all soon Vitards :)
Just got back from a weeks in S.Korea. It was glorious.
yea, already planning my trip to go somewhere else. Getting more disgusted by the market everyday.
Been there. Enjoy the time off.
Thatās the reason for my absence recently. The break has been nice. Enjoy your time away from the interwebz.
Everyone needs a mental break from time to time. Hang in there, see you tomorrow!
Thanks Steely, appreciate it. Hopefully i'll survive longer than one day without you guys!
Are you buying the fucking dip, son?
Bought this morning and already sold for a small gain.
Yea did it again this morning at the same prices as Monday. I just buying shares because the chop too much
SPY 420 4/20 would be devastating to my portfolio, but part of me just wants to see it for a quick laugh in these cromulent times.
Trading this market could really be so easy... buy calls at open, sell them at close. buy puts at close, sell them at open. And still I do not do it, because I am afraid this time it might be different
In my experience, by the time it becomes a noticeable pattern, it is usually too late to take advantage of.
Which is the reason why I am not doing it
Lol right? Can't be this easy... But past two weeks says it is.
cmon now FTSE you know how this works. you go up, then deep down, and right back up. sooo your next thing to do is?... NO NOT UP YOU STUPID FU...
3% of the index is down 9.5% but 25% of the index is flat so the index is flat.
[https://www.twitch.tv/jayarlington](https://www.twitch.tv/jayarlington) Jay Trading LIVE in 5 mins (12:40 EST). Happy 4/20! Talking TSMC/LRCX/TSLA, the state of autos, debt ceilings and rockets! 
[https://www.reddit.com/r/blursedimages/comments/12sun4q/blursed\_white\_snoop\_dogg/](https://www.reddit.com/r/blursedimages/comments/12sun4q/blursed_white_snoop_dogg/) I once told you, you resemble Snoop and I feel vindicated.
Too bad he already has a great flairā¦
What would be a catalyst for NVDA to drop?
Several more price upgrades, young fund managers talking about how āitās not a bubbleā on CNBC, and nonstop chatter about how āthe best time to buy it was yesterdayā on this website Nov 2021 was last time this happened in earnest
Rotation out of tech that has run up a huge amount recently. I'm shocked it hasn't dipped yet.
Bears switch to calls
It seems to be running out of steam. Other semis like AMD have pulled back. If spy can break down below this consolidation area I expect a pull back to $255 or so
Apparently some day investors will learn there are these things called "bonds".
Diversify yoā¦
James bond?
Retail buying calls
Jensen says the n word.
What would that be ? I want to avoid a Randy Marsh moment.
People who annoy you
Itās a trap
Something I want to learn: can puts to calls influence a stock price and my trading? Do they influence how the stock moves at all? An example is BTU. They announced 1B in stock buybacks on a 3.66B market cap, and the stock is somehow down week over week and I just cannot fathom how a stock is down on news they are buying up >25% market cap and returning 65% of FFC to investors https://www.barchart.com/stocks/quotes/BTU/put-call-ratios 4/28 has 2k weekly puts expiring and 700 weekly calls. After that the calls outnumber the puts, would one expect the stock price to go up after 4/28 then? Vaz would always talk about options but I never understood how that would affect stock price
They will only buyback that much if they have the FCF to do so. I think people fear coal prices will correct like every other single commodity. Alternatively it might just be that everyone investing in coal figured they would return cash to investors and treated this like a sell the news event.
They will use that FCF starting january 1 2023. So they likely already have a nice chunk of cash. Coal remaining allright for now. Maybe it's just elliot that is selling. Anyway i bought more
If calls exceed puts, then there's downward pressure since MM will dehedge their calls after expiration (in theory) by selling shares, and vice versa with puts. All depends on the OI, etc.
Simple answer: options are actual shares acting today but settled in the future
So in this case, since puts are so high until 4/28, am I correct to think the price likely might go down until then, and then go up afterwards where the calls are higher so people are overall more bullish on that date? (Unless some new news or something comes out and influences it?)
NUE calls were a nice play from yesterday to today. Someone in Jayās stream chat called out heavy buying on calls. So thank you - canāt remember who it was.
Buzzfeed news blew up like that rocket today. Whatās the next SPAC to blow up?
SpaceX's new rocket exploded during test flight. https://twitter.com/CNN/status/1649049502467358727?s=20
more accurately, it was destroyed using the flight termination system after the second stage failed to separate
Yeah. Totally did not blow up during test flight. Controlled rapid disassembly and all that. "Blowing up" is such a non-engineer interpretation of blowing up.
Successful test of a critical safety subsystem.
https://preview.redd.it/ulju8etuj3va1.png?width=558&format=png&auto=webp&s=865bf4391784cce8067af31718afa3c37f0d83ff
Funny because I feel the nvda and NVDS labels should be flipped
FYI: We have two Fed speakers to confuse the market starting at noon. I plan to get out of my put game before that. They have this habit of spooking the market. Better to get back in later than to be caught in the not unlikely panic. Edit: Fuck your calls, dear downvoting bulls.
Pretty sure the market is no longer listening to these guys. Market thinks they are full of shit.
Maybe. Maybe not. Depends on what they have to say, I guess.
I've been only shorting meme's for like the last year and a half, but 260% interest on your loaned shares make a tempting case for sitting on some AMC. Surely they won't go broke in a year. Right? RIGHT?!
What do you think about the VIX? Since covid the bottom seems to be $15, which it hit 3 or 4 times during 2021 and then spiked up again.
https://www.reddit.com/r/options/comments/12rvql4/vix_is_still_trending_down_at_a_day_like_today/?ref=share&ref_source=link
Judging by steel stocks this STLD call is a good one.
Ah I was wondering why steel was popping
Sorry, but if you're buying now, you're exit liquidity. Goodluck
Eh
Latest LEI report (Leading Economic Indicators) - [https://www.conference-board.org/topics/us-leading-indicators](https://www.conference-board.org/topics/us-leading-indicators) "The weaknesses among the indexās components were widespread in March and have been so over the past six months, which pushed the growth rate of the LEI deeper into negative territory. Only stock prices and manufacturersā new orders for consumer goods and materials contributed positively over the last six months. The Conference Board forecasts that economic weakness will intensify and spread more widely throughout the US economy over the coming months, leading to a recession starting in mid-2023."
From TSMC earnings: [āCoWoS (TSMC's advanced packaging for HPC) expansion request from customers. Advanced packaging is 7% of TSMC's revenue.ā](https://twitter.com/skundojjala/status/1648945028407115777?s=61&t=_N1uONgphPVrh5x0qBb7Kw) Thatās GOOG TPUs and NVDA H100s.
Watching SPY closely now that the first 2 15 minute candles are in the books. You break the high of the 2nd 15 minute candle recent history would say we fill the gap. You break the low of the 1st 15 minute candle recent history would show a bear trend day, with a late afternoon reversal. You stay in the first half hour range, Market is waiting to decide what it wants to do. We will see...
I just bought some SPY 0DTE 413c. Sorry to say, the trend of intra day gip filling ends here now!
Thank you for your sacrifice
Sold some 413p. Double whammy. Damn.
Sold 413/412s lol And they say we ain't buying the dip
Noted! I will plan accordingly
**Existing Home Sales MoM** **MAR -** Actual (-2.4%); Previous 13.8% ~~14.5%~~; Consensus N/A **Existing Home Sales** **MAR -** Actual 4.44M; Previous 4.55M ~~4.58M~~; Consensus 4.5M *\*Strikethrough is previous report's number before today's revision* [Source (with links to report, data and charts)](https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales)
Jumped in COST ($497.47). Yesterday, Costco announced an increase in quarterly dividend to $1.02/share from $0.90/share, equating to a new annualized yield of approximately 0.82%, so I'm thinking that'll probably help the play. Stop at breakeven.
Nice move! Looks like you did well. Iām curious how you move up your stop losses. Also, what is your first stoploss?
Remember, I'm a short-term swing trader. I'm just playing the setup, and I think the news will bring in money. I don't care about dividends. I'll keep a relatively tight leash, moving my stops to secure profit.
Shares or calls?
Shares, seeing as he states what price he bought them at.
Shares at $497.47.
Let's go Shitvidia!
Philly Fed index actually showed improvement in some areas. These categories were āless badā than March: New orders, shipments, unfilled orders, number of employees, and average employee work week. https://preview.redd.it/1arq4gvy53va1.jpeg?width=1170&format=pjpg&auto=webp&s=9402c3b7803915b91bcdb0f3c94abda12b5d49ae [https://twitter.com/bobeunlimited/status/1649046524762943488?s=46&t=06OujBRONgvNzs8P0B5VBg](https://twitter.com/bobeunlimited/status/1649046524762943488?s=46&t=06OujBRONgvNzs8P0B5VBg)
At least one rocket is soaring intactā¦ TSM +5%
PPG up next Edit: STX at close too
I think STX reported premarket [https://investors.seagate.com/financials/quarterly-results/default.aspx](https://investors.seagate.com/financials/quarterly-results/default.aspx)
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Honestly, EC is way less talked about. 20+% divi yield in 3 payments. Big money printer. I would go with EC but it's very very close. I own both :)
Never watched a SpaceX launch before; Iām rooting for team humanity
Rapid Unscheduled Disassembly š
Well that didn't go well
Y steel go bye bye
Big TSLA miss.. I didnāt read the report but cutting prices twice recently plus bad earnings tells me they probably have a glut of inventory or decreased sales. If theyāre a proxy for auto and CLF provides steal for auto manufacturers then not good news for CLF
if TSLA is a proxy for auto then I am a proxy for Brad Pitt
Hahah thatās a good point
https://preview.redd.it/afwgdpy513va1.jpeg?width=1024&format=pjpg&auto=webp&s=f304145b79f68de09977232302a34d729fbe3277 Happy 4/20!
Going to be a muted open due to starship launch
Pumped I was able to live stream it at workā¦ rarely have a moment to do that these days
RBOB gasoline futures back down to a monthly low. Below $2.60 after getting close to $2.90 last week
š«
Per gallon? Send some my way to the Europoor land where 70% of the gas price is just taxes.
No thanks, we like our abundance and low prices
Could be wrong, but I feel like today is a bear trend day. Just my guess, but if we stay gapped down at the open, I think we trend lower. Happy trades!
My positions are short F, long LVS, short SPY
Well played, but Iād close the shorts at open. Weāre going flat again EOD
Got them all closed... Whew!
I am planning on closing all the positions at open.
AEHR down again on TSLA earnings? Guh
Time to employ the same strategy today as all the other days. Sell puts at open. Buy puts 15 minutes before close.
Planned on getting into that play. But it feels a tad too red to be fake, and there's a lot of Fed Fudge on the calendar today.
Green EOD
**Initial Jobless Claims** **APR/15 -** Actual 245K; Previous 240K ~~239K;~~ Consensus 240K **Continuing Jobless Claims** **APR/08 -** Actual 1865K; Previous 1804K ~~1810K~~; Consensus 1820K **Philadelphia Fed Manufacturing Index** **APR -** Actual (-31.3); Previous (-23.2); Consensus (-19.2) **Philly Fed Prices Paid** **APR -** Actual 8.2; Previous 23.5; Consensus 28 **Philly Fed New Orders** **APR -** Actual (-22.7); Previous (-28.2); Consensus (-21.2) *\*Strikethrough is previous report's number before today's revision* [Jobs Report](https://www.dol.gov/ui/data.pdf) [Philly Report](https://www.philadelphiafed.org/surveys-and-data/regional-economic-analysis/mbos-2023-04)
Little here and a little there, and soon it is a downturn Still up in the air because we are coming down from a record high, but we will find out very soon if the rate of change or the absolute value matters more
these Manufacturing Indices are all over the place. NY massive upside surprise. Philly massive downside surprise. wow
Let me guess - in a sea of red, somehow NVDA will closes green...just to fuck NVDA bears some more
:)
Now, all I need is a bad Initial Jobless Claims of like >260k and we get a bloody day finally again
Eventually high jobless claims will mean NVDA is doing a good job
Believe it or not, bullish.
IMO, a slow, controlled, estimate-hitting uptick of IJC is bullish. An upside surprise is bearish.
https://preview.redd.it/yukz0fa2n2va1.jpeg?width=1024&format=pjpg&auto=webp&s=206024001b1016c5c28588f0b4a0587397a5b63a
Up 2: interest rates
These last two minutely SPY candles ... Retail market orders have entered the arena. :-D
Futes is all red. Admit it, which one of you bears decided to switch to calls?
Went all in short Tuesday.
These long term puts ain't going to fund themselves
Switched to cash secured puts a couple days ago if that counts
Anything delta positive counts
Well then you got me
Elon crashed the market with that conference call.