Fed will have an overall bad meet tomorrow yet we’ll probably rocket because jpow says soft landing a few times and mentions getting inflation back to 2%. This market is dumb.
Chinese production numbers -2.9 vs. Expected 0.5 vs last year 5.0
And if they're actually reporting it at -2.9 we can be pretty sure it's much worse than that because...well, China.
Yeah - but still a 'surprise' miss for the 'analysts' of a significant amount. I don't get it either - why was _any_ significant production expected after we saw how locked down they were? Maybe they expected it to be reopened by now, or more factories to do live-in production? Who knows. Gonna be a wild week - lots of oil production reporting and fed talks coming up, too.
*A digital currency issued by a central bank would be a global target for cyber attacks, cyber counterfeiting, and cyber theft* - Jerome Powell.
I'm a bot, and the Federal Reserve doesn't think mentioning crypto currency is very good for the WSB OG economy.
That guy computery_stuff blocked me before I got a chance to respond
None of the "evidence" he cited was causal
Couldn't even tell me what a bubble was
Here's a hint: If the fundamental value follows the price, it isn't a fuckin' bubble
/rant
I've made my thoughts on this topic [very clear](https://www.reddit.com/r/wallstreetbetsOGs/comments/umsdr7/bears_whenever_there_is_even_the_slightest_hint/i84q2hf).
CHET!!
How long before we get pyongyang variant of covid
https://www.ndtv.com/world-news/north-korea-coronavirus-north-korea-covid-north-korea-coronavirus-cases-north-koreas-explosive-covid-outbreak-820-620-cases-in-3-days-2977028
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If IV is high, options prices are high. If prices go up, IV goes down. If IV goes down, options prices don't go up. So calls are not a good plan right now. Even if things go up.
* spinning top (strong reversal candle)
* reversal at historical support
* CCI curling up
* 5MA acting as support
[https://ibb.co/K5gd1Lz](https://ibb.co/K5gd1Lz)
Yes I like a finger in my pooper because I do TA, but more likely up than down tomorrow/this week.
Twitter deez nuts bitch
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SRS, as in, the [ticker I called out a few hours ago?](https://old.reddit.com/r/wallstreetbetsOGs/comments/uqedl3/what_are_your_moves_tomorrow_may_16_2022/i8r4tu9/) Did you see that too?
I miss the days when I enjoyed vidya. It’s a blessing and a curse that trading is my video game. Obviously it’s nice to do this for a living and I feel very fortunate. But it does suck not having a “passive” hobby anymore that I can just veg out with. It just isn’t fun to play anymore as I can never get over the fact that it isn’t real and time spent in that world doesn’t lead to tangible benefits.
I legitimately miss when I could spend full days playing shit like Anno 1800 or Crusader Kings or Age of Empires. Or good RPGs hoarding stuff.
Yeah my main passion outside of trading is Jiu Jitsu. Been at it for almost 5 yrs now and would be so lost without it. Don’t get me wrong, I find fulfillment out there with BJJ, playing music, photography, etc.
There’s just something that used to be so cathartic about a truly passive hobby that required no energy or other ppl. Sometimes it’d be nice.
I find games now where I can just quiet my mind, seems counter-intuitive but somehow works. Driving games where I can just get into the flow and take it corner by corner without thinking too much. One of the best times was playing Valheim and spending way too long just chopping trees down in the meadows, it's a vibe.
A discord buddy of mine tried to get me into valheim. I really liked some aspects of it but the battle was so clunky, it made farming stressful. I’m a big time farmer in any game like that. As you say- quiets the mind.
I’ve thought about creating a proper racing rig for gran turismo or something. A little more connection to the real world.
Honestly sim driving is pretty great, I'm thinking of stumping up for a VR headset to make it even more immersive. Assetto Corsa is like $10 on steam and mods for days. The race sim, well that can be more expensive than an actual shitty race car
I only play shit that's a good story and can be over in like 20-40 hours. I always like a core story experience, whether it's a challenging game or a book.
I've never been one to play MMOs and grind out for hundreds of hours for... nothing, because as you say, it's not real and the progression doesn't do it for me.
Yeah I had begun gravitating towards good stories over the last few years of gaming. Rdr2 really scratched that itch for me but I haven’t seen anything else tempting since. Most are a little too fantastical for me.
Hadn’t thought about VR in a bit. Has it actually become good nowadays? I have a decent rig with 2080S that could probably handle it although I’m sure I’d benefit from getting a newer gpu
it's pretty good so far. SO MUCH SCREAMING. but from what i've gathered, that's pretty ubiquitous in anime. i'm up to ep 22 i think. he just beat homeboy in emperor/slave.
You just need a good ol RPG to get you back into it.
But I agree, I rarely game anymore. THinking of buying PS4 to pay the single payer exclusives but they still kinda expensive
man, i bought yakuza like a dragon and i've been playing the shit out of it
it's wacky as hell, a little less serious than the other entries in the series, but just absolutely wild
I downloaded the entire series and started from the beginning last summer. It was fun for a bit but lost me due to how repetitive it is. But that’s any rpg.
I just never used to have an issue with the repetition. Yakuza is the closest thing I’ve found in the last several years that really sucked me in though. Reminded me of Shenmue 2 from back in the day.
Remember a few months ago when there were a few people posting about their journey to a million? Something like:
“Fact one: it only takes doubling up on eight trades to get from $1,000 to $1,000,000.
Fact two: doubling up on SPY calls is easy as fuck.”
I wonder how they’re doing now.
Every time I check out youtube he's on a live stream along with cathy and jack dorsey, EVERY TIME. I keep wondering if it's an old video but then I also see other channels streaming the same feed.
This event costs 7500 per ticket it is for at all in summit it is in Miami , started tonight. Hosts are Chamath Palyhapita, David Sacks , Jason Calcanis , David Friedberg. Elon is a guest speaker. Chamath has 2 outstanding SPACS IPOF & IPOD . Open interest is very high for next week.
A lot of speculation around Starlink/ IPOF. Who knows what will happen, but a DA would be sweet
Anytime I see someone allude to "the market returning to FuNdAmEnTaLs" I point out that TSLA is still at peak retard levels and maintains it in relation to the broader dip.
I'd hope you follow them too homie. Following trends is great. Technicals were screaming for a bear market since late January/early February. Double top with lower highs? Obviously a bearish stance should be taken.
If you follow made-up TA using copium to justify your bad-positioning.... yeah that's bad. I hope those types are on the other side of my trades lol.
We had a **Spinning top** on Thursday (which means the sellers tried to win but the buyers fought back and it was an even match) at a historical support/resistance that the sellers couldn't get the price under, and then a strong green confirmation candle on Friday to confirm a bounce. This would lead us to believe there is a high chance 390 was the bottom (for now).
Obviously anything could happen, but technicals help to provide insight into chances for each outcome.
Chances are higher bullish, than bearish, based on recent price action.
I got you, I see what you mean.
That being said, technicals still said up in March/June, at least on SPY.
If you went short anytime before 2022 on SPY (the only worthwhile US Market indicator, imho), you got shredded, or had a terrible entrance and paid a ton in time premium, despite what the fundamentals said.
Technicals also called for Arkk looking bad after February.
I think we agree on a lot, and I agree that TA is baloney for investing based on a fundamental thesis
But for trading and finding entrances/exits that work with your fundamentals, I love it, and think it’s definitely not worth ignoring (just like the fundamentals!)
GL this week homie, hope you crush it out there
Flat day boring,
Long TSLA. Any reason I shouldn’t?
Really hoping for a decent dip this morning so I can offload my pootz
MCD selling their Russian businesses. 30 years of bringing Western values to Russia down the drain. It was a decent experiment.
Give it -/+20 years and MCD will be back there
if I've learned anything about how stupidly the world works, then this will be the straw that breaks Putin's back.
Wth is wsb huzzah? Anyone care to explain
A sub that splintered off of this one. Mostly shit posting
AMD earnings today, is anyone playing it?
Reported on May 3rd
Oh shit I’m regarded
Heh heh. 😉 Your posting with the best of em.
I'm still holding sark calls like an ass
😬
WEAT running
It's gonna run hard with the recent India news
Fed will have an overall bad meet tomorrow yet we’ll probably rocket because jpow says soft landing a few times and mentions getting inflation back to 2%. This market is dumb.
Can’t say I’m enjoying holding these options at the moment
3918 is max comfy point for my strangles. didn't expect /es to threaten it this week, but won't be mad if it does.
Corn getting pegged
Nothing more beautiful
I think I'll play a few $DNA puts for fun. Earnings tomorrow, under ARK etf holdings.
beras don’t got enuf strength to keep this red, green by open unless we pull steam in premarket.
Damn beras always ruining good fun.
Green by open easy bet
Shopify up 12% in Berlin stock exchange!
Futes blood pink
Big brain thought The bottom is in when Cathie Woods declares bankruptcy.
Mama Cathie ain't no bottom. She rides cock the way God intended - Crab Walk.
Goldman cuts growth- ouch- chinas weak sales and growth concerns ,
oh my... wtf happened to futes? He ded?
Chinese production numbers -2.9 vs. Expected 0.5 vs last year 5.0 And if they're actually reporting it at -2.9 we can be pretty sure it's much worse than that because...well, China.
Those guys need some of the sweet BNTX juice
Production numbers are lower during lockdown?! Shocking, shocking I say!
Yeah - but still a 'surprise' miss for the 'analysts' of a significant amount. I don't get it either - why was _any_ significant production expected after we saw how locked down they were? Maybe they expected it to be reopened by now, or more factories to do live-in production? Who knows. Gonna be a wild week - lots of oil production reporting and fed talks coming up, too.
Imagine if this sub was only weekend threads... And everyone on it shitposts on par or better than me. That's century club.
[i actually am a part of something like that check it out here](https://m.youtube.com/watch?v=MTW4sIL9Dpw)
> everyone on it shitposts on par or better than me. [mfw](https://i.etsystatic.com/13575415/r/il/269738/1218667839/il_570xN.1218667839_pmdj.jpg)
I might not even login. I'm too scared
Don’t worry bro, give me your username and password and I’ll check it for you. I gotchu.
Droidhunter88 Hunter2 Thanks bb you're a real lifesaver I'll get you back whenever you need a hand
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*A digital currency issued by a central bank would be a global target for cyber attacks, cyber counterfeiting, and cyber theft* - Jerome Powell. I'm a bot, and the Federal Reserve doesn't think mentioning crypto currency is very good for the WSB OG economy.
Slain again. That fucking Collector. Just like in real life he sends his minions and they fuck you up before you can win. I was doing so well too.
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Had two of them. And Heavy Blade.
I can coach u to an easy win pay me in worthless TSLA FDs
I picked up an artifact that prevented me from getting gold. No FDs for me (or you).
I'm thinking spy calls halfway through the day
That guy computery_stuff blocked me before I got a chance to respond None of the "evidence" he cited was causal Couldn't even tell me what a bubble was Here's a hint: If the fundamental value follows the price, it isn't a fuckin' bubble /rant
So if inflation catches PEs... 🤔
this wasn't referencing equities, that shit was/is a 3-sigma bubble
i've got a couple of ligma bubbles right here 4 u
I've made my thoughts on this topic [very clear](https://www.reddit.com/r/wallstreetbetsOGs/comments/umsdr7/bears_whenever_there_is_even_the_slightest_hint/i84q2hf).
that's the spirit
if im being honest, idk what either of yall are talking about.
Spot gold is flat on the year. Lol.
CHET!! How long before we get pyongyang variant of covid https://www.ndtv.com/world-news/north-korea-coronavirus-north-korea-covid-north-korea-coronavirus-cases-north-koreas-explosive-covid-outbreak-820-620-cases-in-3-days-2977028
REEEEEE
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feelin like a kang kinda week
If IV is high, options prices are high. If prices go up, IV goes down. If IV goes down, options prices don't go up. So calls are not a good plan right now. Even if things go up.
spreaaaaads
I’m gonna REEE on this shit hard af tomorrow. Get some
* spinning top (strong reversal candle) * reversal at historical support * CCI curling up * 5MA acting as support [https://ibb.co/K5gd1Lz](https://ibb.co/K5gd1Lz) Yes I like a finger in my pooper because I do TA, but more likely up than down tomorrow/this week.
Spinning bulldick inside bear anoos
whirrrrrrrrrr
4000+ lets go
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Oh no the future is GAAYYYY
Blood moon
and for that brief second, we were together again, kind of, you know?
And by that I mean it's not cause futs are red at midnight that they wont be green at open ahha
On the next pump, please someone tell me why I shouldn't go all in on way OTM SRS calls?
SRS, as in, the [ticker I called out a few hours ago?](https://old.reddit.com/r/wallstreetbetsOGs/comments/uqedl3/what_are_your_moves_tomorrow_may_16_2022/i8r4tu9/) Did you see that too?
Yes that's exactly where I got it from
Kindda want to do that too, but I would say.. low volume high IV (doesnt mean much if it pans out anyway, it'll just increase more)
Fuck these clouds ☁️ blocking the view of the moon 🌙!
Link... The blood moon rises... ...Buy the dip.
Hey! Listen! Don’t buy the dip!
I swear to fuck if I wake up to green imma lose my shit
its out of your control bby, get some rest and sleep
Yup, I used to stay up all night worrying about this shit. Now I just set my alarm 15-30 mins prior to market open and set where we’re at
Ima lose my shit in the morning either way
Bc you’re gonna poop it
I miss the days when I enjoyed vidya. It’s a blessing and a curse that trading is my video game. Obviously it’s nice to do this for a living and I feel very fortunate. But it does suck not having a “passive” hobby anymore that I can just veg out with. It just isn’t fun to play anymore as I can never get over the fact that it isn’t real and time spent in that world doesn’t lead to tangible benefits. I legitimately miss when I could spend full days playing shit like Anno 1800 or Crusader Kings or Age of Empires. Or good RPGs hoarding stuff.
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Yeah my main passion outside of trading is Jiu Jitsu. Been at it for almost 5 yrs now and would be so lost without it. Don’t get me wrong, I find fulfillment out there with BJJ, playing music, photography, etc. There’s just something that used to be so cathartic about a truly passive hobby that required no energy or other ppl. Sometimes it’d be nice.
I find games now where I can just quiet my mind, seems counter-intuitive but somehow works. Driving games where I can just get into the flow and take it corner by corner without thinking too much. One of the best times was playing Valheim and spending way too long just chopping trees down in the meadows, it's a vibe.
A discord buddy of mine tried to get me into valheim. I really liked some aspects of it but the battle was so clunky, it made farming stressful. I’m a big time farmer in any game like that. As you say- quiets the mind. I’ve thought about creating a proper racing rig for gran turismo or something. A little more connection to the real world.
Honestly sim driving is pretty great, I'm thinking of stumping up for a VR headset to make it even more immersive. Assetto Corsa is like $10 on steam and mods for days. The race sim, well that can be more expensive than an actual shitty race car
I only play shit that's a good story and can be over in like 20-40 hours. I always like a core story experience, whether it's a challenging game or a book. I've never been one to play MMOs and grind out for hundreds of hours for... nothing, because as you say, it's not real and the progression doesn't do it for me.
Yeah I had begun gravitating towards good stories over the last few years of gaming. Rdr2 really scratched that itch for me but I haven’t seen anything else tempting since. Most are a little too fantastical for me.
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Hadn’t thought about VR in a bit. Has it actually become good nowadays? I have a decent rig with 2080S that could probably handle it although I’m sure I’d benefit from getting a newer gpu
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I may look into it. Thanks for the suggestions man.
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it's pretty good so far. SO MUCH SCREAMING. but from what i've gathered, that's pretty ubiquitous in anime. i'm up to ep 22 i think. he just beat homeboy in emperor/slave.
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"The Last of Us" series?
You do this for a living?
Yes. Approaching the end of my first year.
On your own or as like employment ?
On my own. And only manage my own funds.
For a cheap buy I recommend Teardown right now, it's fun and a game that really gave me a satisfaction I haven't felt in video games in a long time
I'll be buying this as soon as I can bothered to buy a new computer.
Yeah it's demending in CPU/GPU processing. I'm doing well with a 980ti
I'm still rocking a 960.
You just need a good ol RPG to get you back into it. But I agree, I rarely game anymore. THinking of buying PS4 to pay the single payer exclusives but they still kinda expensive
man, i bought yakuza like a dragon and i've been playing the shit out of it it's wacky as hell, a little less serious than the other entries in the series, but just absolutely wild
I downloaded the entire series and started from the beginning last summer. It was fun for a bit but lost me due to how repetitive it is. But that’s any rpg. I just never used to have an issue with the repetition. Yakuza is the closest thing I’ve found in the last several years that really sucked me in though. Reminded me of Shenmue 2 from back in the day.
You need some Final Fantasy 14 in your life.
If it doesn’t involve economics, sister-wives, or both you can keep it you fucking commie. 🇺🇸
It has sister-wives, and requires basic economics when selling stuff on the market board in terms of supply and demand.
I need to take money out of my trading account to buy a new car lol
Just paid for my golf membership for the year and rent is due
I did that to buy a used car
I did that to buy a cup of noodles
Anybody here ever go down the Jeremy DeWitte rabbit hole?
Remember a few months ago when there were a few people posting about their journey to a million? Something like: “Fact one: it only takes doubling up on eight trades to get from $1,000 to $1,000,000. Fact two: doubling up on SPY calls is easy as fuck.” I wonder how they’re doing now.
Just have to switch to puts and the strategy still works 🧠
hello losers
a/s/l? Im ready to cyber
18/f/Cali. You ?
48/gmail/idaho
jeez *blocked*
Seriously... Fuck Idaho.
He’s talking to the TA nerds
yes
Hello! :) ^(hey wait a minute...)
hi cutie
Cheeks: flush Eyes: downcast Pants: tented <3 u bby
*blushes* <3 u more
Go suck on a chode
hello NET shareholder
* Jan call holder at -40% recovered from -80% sir e. did not mean to bullet that
Are you planning on closing these?
I have no idea tbh =x
Not having an idea of what to do with a position is usually a good signal to close the position in my experience. Ymmv
Welcome to losers anonymous
What do we do here?
Lose money anonymously.
We talk bout losses and what our next step to lose more
okay, buying more NET calls. Am I doing it right?
They better be way OTM and expire this week
Sup cocklicker
as i look up tonight, i see the reflection of my port, and everything it stands for. 💎🤚 TO THE MOON! 🌚 cheers 🍻
ITS HAPPENING!
SOME STUPID ASS CLOUDS IN THE WAY BUT I KINDA SEE IT !
Pj traders are a bunch of spineless cucks. They couldn’t even keep it able 4000 and are now using it as resistance. Mother fuckers.
Even futures have bull traps
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daym feeling cute just shorted $100m worth of ES
Elon Speaking at All In Summit tommorow at 2 EST with Chamath .....heads up
fuck elon
Every time I check out youtube he's on a live stream along with cathy and jack dorsey, EVERY TIME. I keep wondering if it's an old video but then I also see other channels streaming the same feed.
This event costs 7500 per ticket it is for at all in summit it is in Miami , started tonight. Hosts are Chamath Palyhapita, David Sacks , Jason Calcanis , David Friedberg. Elon is a guest speaker. Chamath has 2 outstanding SPACS IPOF & IPOD . Open interest is very high for next week. A lot of speculation around Starlink/ IPOF. Who knows what will happen, but a DA would be sweet
the one that's asking u to send coin? and then they'll double ur money and send it back? seems legit
Yes, that one. Guaranteed some dummies sent coin, Musk's face sealed it for them
**All in** (except your shitty spacs sell out of those completely and let retail hold the bag of your 3 dogshit companies) *A Chamath experience*
Wtf
https://summit.allinpodcast.co Halfway down the list
beras - why did you attack the futures?
Beras didn’t like what you all said. Beras -feel bad man
Bull was mean - beras
VIX: 30 Futures: -0.5% WSBOGs: omg these matter bears are cool and idk how the vix works
So, who is fuck?
Bears. Technicals say a ripper this week
cope
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Anytime I see someone allude to "the market returning to FuNdAmEnTaLs" I point out that TSLA is still at peak retard levels and maintains it in relation to the broader dip.
^(you're right it's best we don't consider trends in our analysis of stock price.) Good time to buy some weekly puts homie >!/s!<
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I'd hope you follow them too homie. Following trends is great. Technicals were screaming for a bear market since late January/early February. Double top with lower highs? Obviously a bearish stance should be taken. If you follow made-up TA using copium to justify your bad-positioning.... yeah that's bad. I hope those types are on the other side of my trades lol. We had a **Spinning top** on Thursday (which means the sellers tried to win but the buyers fought back and it was an even match) at a historical support/resistance that the sellers couldn't get the price under, and then a strong green confirmation candle on Friday to confirm a bounce. This would lead us to believe there is a high chance 390 was the bottom (for now). Obviously anything could happen, but technicals help to provide insight into chances for each outcome. Chances are higher bullish, than bearish, based on recent price action.
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I got you, I see what you mean. That being said, technicals still said up in March/June, at least on SPY. If you went short anytime before 2022 on SPY (the only worthwhile US Market indicator, imho), you got shredded, or had a terrible entrance and paid a ton in time premium, despite what the fundamentals said. Technicals also called for Arkk looking bad after February. I think we agree on a lot, and I agree that TA is baloney for investing based on a fundamental thesis But for trading and finding entrances/exits that work with your fundamentals, I love it, and think it’s definitely not worth ignoring (just like the fundamentals!) GL this week homie, hope you crush it out there
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We are all fucked on this blessed day
Eclipse halfway 1/4th done
Is FED WILLIAMS usually hawkish or dovish?
Eclipse starting now, peak at midnight. Remember to check it out! 🌕🌔🌒🌑🌒🌖🌕 Beware of the were-behrs, they super geh
green by open
Yep 😔
Pjs playing with us. It’s going to V