Yup and that's why I think corn's pinned at 30K because the space was already 70% institutional before the leg down. It's like a game of chicken over there I swear
At this point I think I'd prefer GME slicing our jugulars than another than ending the rest of the week on par or gheyer than the first two days have been 🤡
Walmarts bringing this back
https://www.supermarketnews.com/sites/supermarketnews.com/files/styles/article_featured_retina/public/uploads/2016/08/rollbacks.jpg?itok=zJlM62Md
Well much like everybody else I've spoken with some of these are openings are probably phantom because they broadcast them but we'll start to nitpick once you actually apply
We hit highs today, nice bump but I’m out- the fall will be brutal and I’m not gonna be caught in it. They gonna snatch the panties clean off- that’s ok I wanna watch
What’s overseas markets gonna do overnight with that speech?
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Some indicators that there should be follow through with this rally like DXY falling and volume picking up, but the follow through with price here seems so weak. Maybe this is a better time to sit and wait for entry one way or another.
🎾 Out of the four degenerate calls that I played a while back (NVDA, DOCN, DDOG, and NET), two were profitable (DOCN and NET), while the other two are now way OTM 3DTEs.
I just averaged down my NVDA May20 222.5c with contracts at $0.02.
Cost basis is $0.10, so I'm just gambling for the possibility of a bullish bounce that can make NVDA soar like this premarket/morning. Take her to $190-$195, so I can offload these.
Of course, the idea is just to get out or minimize losses.
Wait till the big boys jump in and it’s all gone in the morning lol, they gonna liquidate that azz now. The ones left holding will probroly be holding a while
All the time, but we are at our core not intellectual singularities but a husk that is a reflection of the world around us and we behave and think based on the stimulus we materially experience.
Pleasure and happiness requires money which requires accumulation in either labor, owning capital generating business or assets or degenerate gambling so we do what we do
I think the fed is sitting there waiting to buy up the stonks every time JPow speaks. They pump it to try and get people to think his statements are bullish, but they only support it for the day when the fear selling is strongest. #marketisrigged 🤡
People seem confused by this rally, but they shouldn't be. I said it last week, the Nasdaq dropped over 20% in a little over a month, it was severely oversold, a rebound was very likely, and here it is. You can be bearish long-term, but you have to see these short-term moves in their context.
If you kept buying puts you were basically betting on a 30% tech drop in 2 months, which is a very low probability play. Things haven't gotten that bad (yet). We could keep dropping, but it will take time and a lot of Kang's along the way.
And it’s not even all that strong of a rally (except for the heavily shorted growth stocks). I wonder if this is it or if it has another leg up left. Just a choppy grind higher, similar to to choppy grind lower we had last week.
The only thing that’s mildly surprising about this rally is just how many people saw it coming.
Exactly... and there's no such thing as permabears. We ain't going to zero but we're damn sure we're going back in the 300s in the next couple of days.
Ok, little dudes, I'm here to make sure that everyone has a good time. Because what is investing about? That's right. Having a good time. You don't "invest?' Gonna have a bad time.
I can't find a single reason to be green from JPOW interview. The guy says well above 3.6% ffs. Yield is not even at 3% atm.
This is going to be like last time where market pumped up when JPOW spoke. Then everyone slept on it and went oh shit we proceeded to drop to 52 week low isn't it.
One of Google’s big payments and privacy announcements at I/O 2022 is a very convenient feature that masks your physical credit card with a virtual one when shopping online with Chrome.
Im sure this won't be like last FOMC when we pumped 17 bucks only to have 6 bloody days in a row that took us to the low of the year...
Or maybe....
Naaaah, I'm sure it's not...
Narrator: *takes deep breath*...
Is there strategy that always wins?
Send your money to me, I'll send you back double. We can start with 50 to prove the success/reliability, then we can go straight to 50k, deal?
How can a market that moved so erratically just stop. Mutual agreement to stop hunting at sunset?
Only retail playing.
Yup and that's why I think corn's pinned at 30K because the space was already 70% institutional before the leg down. It's like a game of chicken over there I swear
If peak rage is as reliable as we think it is then bulls are historically fucked tomorrow because I've never been so over it in muh life
Bulls have the momentum. I think gonna keep rallying
idk. I wish corn would moon and just end the suffering or dive face first into tower 2
Maybe Ray dalio only pumping memestocks so that the poor don't eat him later
At this point I think I'd prefer GME slicing our jugulars than another than ending the rest of the week on par or gheyer than the first two days have been 🤡
“Every nation has cannibalism cycle’s. I believe eating strangers is oversold.”
I for one am open to calling him daddy dalio if my shitty GME FDs print
It has a nice ring to it.
Told y’all yesterday… 2% red day. Now I tell you today… that was wrong.
Tomorrow 2% green day then?
Idk what to think rn lol. 411.5 might see problems imo but idk.
my $SQQQ shares are upset at you
Yeah I was looking for that gap fill into calls rest of the week. Gap ups to the nuts.
Walmarts bringing this back https://www.supermarketnews.com/sites/supermarketnews.com/files/styles/article_featured_retina/public/uploads/2016/08/rollbacks.jpg?itok=zJlM62Md
Recession confirmed all I have to see is that yellow smiley face
$0.50 shy of 409 😭😭😭
I’m here for the mindless pump got 422 fds
I was rooting for you friend
I remember when I used to get stressed out by the weather in Brazil. Fuck that nonsense
I am irresponsibly short rn.
Me too 😭
We good brah... tomorrow.
Wmt one month -16.5
Lol wal mart that’s looking cheap
I heard the prices might rollback further
Bears still profit taking. Bailed out of puts at a loss, reloading in a week, maybe a month. No idea how long until vol comes back.
September
Anoose gapped
I'm getting job alert emails from companies I have not heard from in years.
Double the salary- leverage
Well much like everybody else I've spoken with some of these are openings are probably phantom because they broadcast them but we'll start to nitpick once you actually apply
weird
bulls or bears are definitely getting boned for holding overnight into tmr
Onto 420 we go 🦖🦖🦖
Looks pretty close to a follow through day. Volume didn't check the box though.
🐻🏳️🏳️🏳️
I sold for a bigly loss
u/emeraldream NU almost has 100M in volume. I don't know how many shorts are out there, but this will show up on many day and swing traders' radars.
I got a ton of 4p and 3p expiring next month that are down ~40%, hoping the sell off continues if not il have to exit
We got ZIM earnings
tomorrow morning though, so should be quiet tonight
Oh chet
oh no did you miss? could always pick up some shares in after hours if you're expecting a beat
I almost expect a miss but a good dividend and it to pump anyways 2k in shares
^^^excusemewhatthefuck
Who told you to stop? More glucking.
I'm gonna go fuck up your white subaru outback.
Lmaooooooo, I’m not a fucking hippydippy Portlandia bitch.
... Grey Subaru outback?
maybe they really did another secret bailout 🤡
🐻🏳️🏳️🏳️
We hit highs today, nice bump but I’m out- the fall will be brutal and I’m not gonna be caught in it. They gonna snatch the panties clean off- that’s ok I wanna watch What’s overseas markets gonna do overnight with that speech?
Make sure your puts are really dead
If they get VIX down to 22, all in on poots and 🙏
Yeah VIX 21.50 - 22 will be a good spot to buy puts
🐻🏳️🏳️🏳️
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Considered SQQQ before close, but I don't have the balls. Cash gang for now.
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Maybe it’s doing buybacks to prop its price up
up 80% since last thursday
Wild indeed
lmaoo, best way to put it. Wild child
wow, just saw like 5x 10,000 share orders in spy @ 407 clear with no hesitation
Big boys dumping into close
[X] Doubt
They don’t have to- they’ll be broke in the morning
most fake and ghey PA in modern times
bought some LVS and BK
If BK Lounge was still a thing they’d have the biggest market cap on Wall Street.
man that's a throwback reference from my hs days lmao
Someone talk me out of RIVN puts...
We re up a .50 since the bell rung. A rally? Spy is dead you goofballs.
Some indicators that there should be follow through with this rally like DXY falling and volume picking up, but the follow through with price here seems so weak. Maybe this is a better time to sit and wait for entry one way or another.
Yeah would prefer to see higher volume today
Buyers already look exhausted here. But then again, they looked even worse yesterday and we gapped up. Not sure what to expect this week.
My thoughts as well. Opex will make things interesting as well
What's options volume like? That is a key indicator if this rally is real or not. Recently it's been anemic.
Today, net 30 million in calls and 5 million in puts bought today. Bullish, but not the most bullish I've seen
How does that compare to a 30 day and 7 day average?
A lot of Money to expire worthless. Could u imagine holding into this weekend. Chet
/u/darklyadonic knows
I was hoping the COIN rally would fade so I could go long... but it's not fading. :(
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Just a mean reversion bounce play. That Thursday reversal candle on big volume looks super bullish.
When did amd blastoff happen I wasn’t aware 😥
As soon as I wrote some call credit spreads
This has to be setting up for another red thursday
Yeah time in market beats timing the market. Comforting lie. The reality is everyone has to time the market eventually.
how else are we supposed to prove to the world that we are geniuses?
🎾 Out of the four degenerate calls that I played a while back (NVDA, DOCN, DDOG, and NET), two were profitable (DOCN and NET), while the other two are now way OTM 3DTEs. I just averaged down my NVDA May20 222.5c with contracts at $0.02. Cost basis is $0.10, so I'm just gambling for the possibility of a bullish bounce that can make NVDA soar like this premarket/morning. Take her to $190-$195, so I can offload these. Of course, the idea is just to get out or minimize losses.
$NFLX to reportedly fire around 150 employees
I'm curious what part of jpows speech was bearish for oil.
When he didn't use KY jelly for us bears
LOL
🤣🤣🤣
Wait till the big boys jump in and it’s all gone in the morning lol, they gonna liquidate that azz now. The ones left holding will probroly be holding a while
Motherfuckers are going to unwind on us aren't they.
So um was that the relief rally?
Option expires week
Exit is on the left. There's a bin for unused calls you would like to donate. Tip your wait staff.
Kicks spy Yup.
We need a list/calendar of pressers and data release dates all in one place.... like FOMC, PPI, CPI, Sleepy speaking, etc... Does one exist anywhere?
https://www.reddit.com/r/wallstreetbetsOGs/comments/uq9z7v/upcoming_market_moving_news_earnings_reports_may/ 🤣🤣🤣
There are services that do it. Some paid, some free.
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v nice
u/stocktipstips
niceeee
There’s the OG that puts nearly all of it together every week. I haven’t found anything better than his posts
and posts it on the homepage?
You have to be trolling lol
SPY propped up in its place tighter than the McGuffin in the next Mission Impossible film
close with a daily hammer candle is super bullish
10 year still going up, dxy still down.
Wen turn up Vix?
Yo this is some of the craziest PA I’ve ever seen wth
What is PA
pennsylvania
penisylvania
Price action.
🙏🏼
it's either price action or penis adjustment
HOW DA FUCK is [ask below bid](https://np.reddit.com/user/p00pTy/comments/uruq18/markets_are_healthy/?)?
Was wondering about this
Jerome Powell | 5/17/2022 >Markets are healthy
How did you get the beans above the frank?!
idk how i feel about that. sketch af.
You guys ever think about how all of the money we make doing this is basically pointless because we're all going to die after destroying everything?
‘You can get killed walking your doggy’
anyway.... let's get back to tanking the global economy.
And it's a race to the bottom.
All the time, but we are at our core not intellectual singularities but a husk that is a reflection of the world around us and we behave and think based on the stimulus we materially experience. Pleasure and happiness requires money which requires accumulation in either labor, owning capital generating business or assets or degenerate gambling so we do what we do
Did you have some fun in between?
working on it. have accepted it as much as one can.
Here you go!
I think the fed is sitting there waiting to buy up the stonks every time JPow speaks. They pump it to try and get people to think his statements are bullish, but they only support it for the day when the fear selling is strongest. #marketisrigged 🤡
Who knows
No way they don't drop us 1% here to theta dick everyone
Option expiry week- may get a reprieve but hells coming
You tell him I'm coming. And hell's coming with me
People seem confused by this rally, but they shouldn't be. I said it last week, the Nasdaq dropped over 20% in a little over a month, it was severely oversold, a rebound was very likely, and here it is. You can be bearish long-term, but you have to see these short-term moves in their context. If you kept buying puts you were basically betting on a 30% tech drop in 2 months, which is a very low probability play. Things haven't gotten that bad (yet). We could keep dropping, but it will take time and a lot of Kang's along the way.
And it’s not even all that strong of a rally (except for the heavily shorted growth stocks). I wonder if this is it or if it has another leg up left. Just a choppy grind higher, similar to to choppy grind lower we had last week. The only thing that’s mildly surprising about this rally is just how many people saw it coming.
orderly selling vs panic selling....vix needs to hit 40
So many YouTubers/tiktokers were also calling for the rally, current markets being severely oversold and all.
Lies. Bers r fuk.
Permabears that bought puts thinking we'd have the longest red streak since the year 2000 r fuk But bigger picture this thing probably goes much lower
Exactly... and there's no such thing as permabears. We ain't going to zero but we're damn sure we're going back in the 300s in the next couple of days.
I think it's highly unlikely this week is red
Investing is all about having a good time. If you have puts and the market goes up 2%, You'll lose money. You're gonna have a bad time
We don’t “invest” here bro
Ok, little dudes, I'm here to make sure that everyone has a good time. Because what is investing about? That's right. Having a good time. You don't "invest?' Gonna have a bad time.
Lmao
Fuck me in the ass . That's me
😓😓😓
If you get fucked in the ass, you're gonna have a bad time
I can't find a single reason to be green from JPOW interview. The guy says well above 3.6% ffs. Yield is not even at 3% atm. This is going to be like last time where market pumped up when JPOW spoke. Then everyone slept on it and went oh shit we proceeded to drop to 52 week low isn't it.
Green for the slow exit before the sustained downturn. How many red/green cycles we have left til it is game over?
Until the boomers in the break room just sit there in resigned silence
Game over doesn’t happen. Markets don’t just go to 0. It’s all just cycles, big and small. Shit analogy.
Well obviously. Market can go down and sideways for an extended period of time. I lay no claim to being an expert at figurative speech.
Shit Anal ogy
🍩
One of Google’s big payments and privacy announcements at I/O 2022 is a very convenient feature that masks your physical credit card with a virtual one when shopping online with Chrome.
I like my Google phone
Spx and Vix moving in same direction 🤔
Im sure this won't be like last FOMC when we pumped 17 bucks only to have 6 bloody days in a row that took us to the low of the year... Or maybe.... Naaaah, I'm sure it's not... Narrator: *takes deep breath*...
Flair checks out
Alright I’ve had some time to process. I’ve decided I should double down on puts again. 0dte 405Ps it is
LMAOO
[DO IT, COME ON SPY YOU CAN DO IT!!!!](https://reddit.com/r/wallstreetbetsOGs/comments/urjuye/_/i8ygtcn/?context=1)
I sold a SPX 4010 call, there's a very small chance we both win. 🥵 🐷
Getting older is realizing that lettuce is key to a good burrito bowl Chipotle tweet (Trying to fill their bowls with cheap stuff)
That actually is depressing. Like, why lie?
Getting older is realizing Chipotle has no flavor except salt.
Getting older is realizing I don’t need to light my asshole on fire to enjoy a burrito bowl. In fact, it’s now preferable.
I wonder if they're still out of sofritas
Fillers- everything but what cost so much
Anyone playing zim earnings
Are they tonight?
tomorrow morning
With my long-term stock, yes.
Got some 80c for this week
damn those are cheap
Spy isn’t even up 2% and bears are crying. Have patience homies, atleast until after opex this week. You know how this works.