Printable View
I am trying to improve your standard of living is allQuote:
Originally Posted by GambleBotsChafedPenis
lets see if I can get this one right:Quote:
Originally Posted by simpdog
hot item outta the gate because people stay at home and play online slots and bet on Russian table tennis (not that anybody here does that)...fast forward to Halloween and that thing falls like a fucking rock cause insiders dump the shit outta it...
Literally just finished a match
This was a classic literature . Helicopter money
and they got it.Quote:
And it’s clear now that regular old helicopters won’t cut it. The market wants a fleet of CH-47 Chinooks that can carry payloads of 50,000 pounds each to start dropping cash bales as soon as possible.
draftkings ipo is going greaaaaaaaat
Actually it seems the big problem with trying to do SPY options since ~April 8th, is there hasn't been much movement. We all assume there should be, but there isn't.Quote:
Originally Posted by simpdog
I looked and it has been trading ~$19 all day. Was it supposed to be higher?Quote:
Originally Posted by sonatine
Quote:
Originally Posted by verminaardI looked and it has been trading ~$19 all day. Was it supposed to be higher?Quote:
Originally Posted by sonatine
people stacked up on this ipo through the roof because its been hyped for years, combined with recent events making any online gambling opportunities a cash cow at face value.
herbs really did expect 70 price range by end of day and bought in accordingly.
this one will actually be interesting...obv wouldn't touch it with a 10 foot pole, but want to actually see their financials with sportsbetting coming online...and to see how much they're making from DFS still...Quote:
Originally Posted by sonatine
I only use 2 books regularly in NJ, foxbet (old stars) and DK and DK by far is the most aggressive with their limits on futures...don't know if it had to do with this impending IPO or what...i wanted to bet $500 on a NFL draft future they limited me to $36 and i was betting a -135 line...tried to bet like $50 on viktor hovland to win the masters...that was 80-1...they gave me like $15 right away and had to clear the other $35...tried to bet around $100 on the LAD under in baseball at -110...they gave me something like $40 right away and rejected the other $60...eventually got the other $60 down a few days later...id LOL if they had my account marked as "sharp", but to be so stingy on the amount im betting at the lines im betting at is really surprising...
Market been boring this week other than getting my face bashed in caught short early on.
Probably give it another week here but I may repurpose the account back to buy and hold.
facebook announced they are rolling out a video-messenger room as some sort of zoom killer feature and apparently it is in fact a zoom killer:
Missed this but I think the important story is ad spend.Quote:
Originally Posted by sonatinefacebook announced they are rolling out a video-messenger room as some sort of zoom killer feature and this is what their stock did:
Google is showing us the way. It’s a marketing/ad revenue story across the whole economy with an interesting trickle down. Ad spend is settled up months later.
If only the Fed wasn’t committed to unlimited stimulus we could get back to the game we love. This is bizzarro land.
NY Gov Cuomo taunting Mitch McConnell. He’s daring him to skimp on bailing out municipalities.
Municipal defaults would be a good look, per Cuomo.
Daly explained that unlimited stimulus is ok. Why doesn’t McConnell see this too?
We will prolly rally Monday.
Quote:
Originally Posted by Sanlmar
its difficult to make heads or tales of all this gamesmanship but if the rigt wing legitimately does want to provoke a civil crisis, forcing a city responsible for 10% of the gdp to declare bankruptcy sounds like a logical next step.
bullish.
spy 305.
Time to challenge the Fed.
Reality is not gonna square with hope.
Will start building my shorts starting tonight
We will see if this turns into a suicide note. I doubt it
Days were running together. Casino closed sat nite. Tonight, Sunday, we are up 270 on Dow.
I can’t push the buttons for you.
Quote:
Originally Posted by Sanlmar
:laterfag
Quote:
Originally Posted by Sanlmar
I'm out of green, but I love you in a non 1step way. A true PFA treasure.
Back to the topic at hand, I said the same thing following 2010 and it got me nowhere.
Never forget - The markets can remain irrational longer than you can remain solvent.
watching finbros try to TA tsla earnings is honestly making me weep for the species.
This is just a Fed story. You can see the momo chasing the old momo. It’s not small cap or value.Quote:
Originally Posted by TellafriendI had a COVID MOMENT. I thought this was Sunday.Quote:
Originally Posted by Sanlmar
I'm out of green, but I love you in a non 1step way. A true PFA treasure.
Back to the topic at hand, I said the same thing following 2010 and it got me nowhere.
Never forget - The markets can remain irrational longer than you can remain solvent.
You are correct that fighting the tsunami of stimulus is dangerous and can last longer.
I think optimism is about to get crushed by reality. IF openings were more widespread I would feel better about my short.
Just as we bought during the Ackman panic afternoon. We need to sell this moment.
Wife and I went for a walk this afternoon. Bumped into a neighbor who works for Regeneron Pharmaceuticqls.
He told the story of a visiting executive in early January coming to his building. She was coughing and hacking. People are like “what the fuck”. Fresh off the plane from China.
This neighbor got sick with what was then diagnosed as pneumonia. Chest X-rays for him and his wife. Said he was never so sick in his life. Came back after the episode as only part time. Completely wrecked.
He was talking about donating plasma and all that.
I ask him, “do you think you are now immune?” He insta-responds, “No”.
He said Regeneron is working on testing etc. Lotta smart people and lots being said in the office. Based on what he hears he is resigned.
by the way if anyone wants to feel like an absolute fucking genius, hang out in some facebook stock market groups.
Reminds me in my early 20s when I was part of a group, circa 1999 as part of a stock club picking life investments. We'd pick penny stocks and all dream of 100% gains. I spiked a couple but most failed. I have not daytraded since, except a trade here and there.Quote:
Originally Posted by sonatine
This is the poker boom for the millenials. All the same noise, all the nonsense. The communities aren’t hosted on vbulletin anymore, I guess.Quote:
Originally Posted by sonatine
A few will kill it. Most will go broke. A lot will withdraw from productive society. It’s an escape.
I wonder if the unemployment situation has grown the number of Robinhood gamblers?
I don’t ever want to find myself reading Facebook groups for info.
Quote:
Originally Posted by SanlmarThis is the poker boom for the millenials. All the same noise, all the nonsense. The communities aren’t hosted on vbulletin anymore, I guess.Quote:
Originally Posted by sonatine
A few will kill it. Most will go broke. A lot will withdraw from productive society. It’s an escape.
I wonder if the unemployment situation has grown the number of Robinhood gamblers?
I don’t ever want to find myself reading Facebook groups for info.
honestly you cant imagine the shit i read. like if you all thought i was a fucking downie when i was getting into options, wow. wow.
i swear to god i might start a youtube channel + pay per month slack room and just recycle buy low sell high because christ almighty these tards hate money.
You missed Dow +270 but there is still time to bulk up on your shorts.
I just did a 1 week 286 SPY put.
YOLO.
This is retarded. I need a new hobby.Quote:
Originally Posted by verminaard
First rule is stocks go up. When your brain says put buy a call instead. Thank me later.Quote:
Originally Posted by verminaard
Next rule is the cost of options is absolutely ridiculous now. Yolo'ing on options isn't profitable right now unless the market moves HEAVILY in your direction.
Basically you're playing 1/2 NL with $10 rake per hand. Now on the cruise ship there are a lot of donkeys so it's still maybe profitable for a week of cruising.
But for options we are the donkeys AND the rake is high. Is it beatable?
id also wager that doing absolutely no technical analysis before making contrarian trend option plays with almost no runway is not a profitable lifestyle.
Hope you got your short in today Daly
Failure of price and volume especially NDX @ close
There will be other opportunity at lesser price. Don’t fret
welp, tomorrow morning, imma be really happy or a little sad.
Small caps are supposed to lead the recovery. That’s the age old playbook
Remarkably, they actually showed a pulse finally.... so
I am unafraid like the bear though.
Look at Google today. It’s coming out this week too.Quote:
Originally Posted by SanlmarMissed this but I think the important story is ad spend.Quote:
Originally Posted by sonatinefacebook announced they are rolling out a video-messenger room as some sort of zoom killer feature and this is what their stock did:
Google is showing us the way. It’s a marketing/ad revenue story across the whole economy with an interesting trickle down. Ad spend is settled up months later.
If only the Fed wasn’t committed to unlimited stimulus we could get back to the game we love. This is bizzarro land.
FB no prize either
Amazon interesting too. -$28 is noise but earnings coming too. You got advanced game if you wanna bet earnings come up short. To be clear, not revenue but earnings
Don’t be a square bettor
Los Angeles Lakers always the scumbags
Jeanie Buss doing the perp walk over taking PPP SBA $
Maybe you are right about human nature Druff
anyone not strangling goog, amzn, and tsla has a fucking deathwish.
Quote:
Originally Posted by Sanlmar
Nope. Market may run to 3000. I’m not forcing a trade that isn’t there.
Valuable lesson in knowing what your stop is before getting into a trade. Selling SPXU last week saved me a LOT of pain. It’s ok to bank a loss every now and again.
TSLA doubled in 6 weeks. $350 stock doubles - that’s somethin. Wish I didn’t have such a hard on. I’m incurableQuote:
Originally Posted by sonatine
2970ish is the 200 moving day average.
We hit that and it’s going to be time to open up shorts with a stop around 3025. This should be an end to this madness..... unless it’s not and that’s what 3025 would confirm.