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Yeah, he’s “done seen this many times before” $3t get beer bong funneled into the economy in 60 days.Quote:
Originally Posted by sonatine
Fintwit is Poison
Wayfair $25 -> $165 and they missed their numbers. I’ll give you more ex. if you require
This is a new board game.
If I had Twitter this guy would be fun to torment.
you and I know the HFT game is just a volume skim operation. it’s rake. they aren’t the ones who are rinsing or ripping
Quote:
Originally Posted by SanlmarYeah, he’s “done seen this many times before” $3t get beer bong funneled into the economy in 60 days.Quote:
Originally Posted by sonatine
Fintwit is Poison
Wayfair $25 -> $165 and they missed their numbers. I’ll give you more ex. if you require
This is a new board game.
it strongly appears that elon just fired thousands of employees via twitter.
gonna leave this back here for a 'this is interesting' picture...
granted there is a SHITTON that is going on that im not privy too so my 10,000 foot comment would be this...interesting that theres such a strong rally in gasoline for june delivery...I get it summer driving season and all that shit and reopening the country, people start to drive more...but in an economy that has lost what 30M jobs is there really gonna be that much demand to go places if shit opens up when people have no money to spend when they get to said place? more stimulus checks coming? jobs coming back quicker than expected? seems optimistic...
and the gasoline strip is about the same price throughout the summer months...
I know someone who saw $1.13 in West Texas yesterday
I flipped on CNBC a couple times today. I don’t know why.
Someone wailing about NVDA being “overpriced”. Trading @ 30x.
CNBC fills a great deal of their air time playing the fundamental analysis game. Endless worthless takes for hours. They are incapable of separating fundamentals from valuation. Not the first fucking clue why semis are running. Just useless if your goal is making money. It actually pisses me off to the point I can’t watch. It’s insulting to our intelligence.
The pretty new batch of 30 something female analysts. Def wanna hear their opinions honed of years of trading experience.
I heard Cramer before the bell. I wanted to put my fist thru the tv. Cramer’s idiot drug addict butt buddy Kudlow in the news today as well.
I really have zero tolerance for stupidity recently so I thought I’d come to PFA.
Quote:
Originally Posted by Sanlmar
people are positioning already for the earnings report imo.
Quote:
Originally Posted by Sanlmar
Guarantee you get a more honest take here. Equal guarantee it’s not going to be right half the time.
So I’ve written how my son graduates college only to get laid off by his own family.
As a concession, he moves back in with us. I kind of like the action.
Privately, I hope he gets a roll together and buys a foreclosure. Take a year and a half by my calculations. You want good things for your kids.
Kids got hustle so there’s hope. A little.
He’s hustling a little side money selling Chinese shit on Amazon. He buys ear pods for like $6 and sells for $30 something. He’s killing it. People love black ear pods he tells me. My daily job is to get his shipments out of the weather. Boxes straight from Wuhan
I’m asking him if he’s in the market last night. Right hand to Druff, he tells me he just bought NCL, CCL, MGM & AAL. I’m speechless.
This speaks to some public phenomena about perceived value. Of all the 1000’s of plays EVERYONE chooses the riskiest, most wretched 5 stocks. He echoes the same lame argument we’ve heard forever.
I expressed my view quickly and shut up. I stay out of his shit. It’s his life. You can imagine my frustration though. Gonna start charging rent. It’ll be the only money remaining.
Volume is contracting daily on your SPY tine
NQ filling February gap but volume not so swell
If you are liquid let it show you the way first.
Under Armour They may die. wow
Quote:
Originally Posted by Sanlmar
ehn honestly there is easier money to be made than tea-leaf'ing spy options rn.
$2.9t gonna splash the table. volume may be contracting but it may be fine waiting right here.Quote:
Originally Posted by sonatineQuote:
Originally Posted by Sanlmar
ehn honestly there is easier money to be made than tea-leaf'ing spy options rn.
Not for nothing but if
9/11 —> Iraq
2008 —> Trump populism
Can you even imagine what we will see in the 2024 election cycle? Practice your snap salute and marksmanship.
Hand sanitizer and guns are selling like hot cakes. Merica
Kid may be smarter than you think.Quote:
Originally Posted by Sanlmar
If it all goes to hell what does it matter. If it doesn’t MGM CCL and AAL are going to rebound.
I like MGM. I think that has double written all Over it.
the collateral damage has yet to show itself
https://www.msn.com/en-us/money/real...zlt?li=BBnbfcN
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Originally Posted by Tellafriend
I would be so tight if the woman with the 27 low income rentals kept seeing her tenants spend money on shit with their stimulus instead of their rent. Their is no reason why they wouldn't be able to pay rent.
Also most attractive places in BK to live that are in trendy neighborhoods are owned by Hasidic Jews or property management groups. Stop with this oh small business owner crap. There are more of them than there are of me renting my 1 bedroom in South BK.
Lets go back to the well
SPY 294 put 5/13
Wow, 15 min and already have a profit. If I was smart I would get out now. But we all know this isn't the case and we all know how this story is going to end...Quote:
Originally Posted by verminaard
Quote:
Originally Posted by verminaardWow, 15 min and already have a profit. If I was smart I would get out now. But we all know this isn't the case and we all know how this story is going to end...Quote:
Originally Posted by verminaard
im not trying to be unkind but are you doing any technical analysis behind these plays? have you studied indicators? entry points? or are you just looking to yolo 35% dog coinflips?
Mostly the highlighted. Although the fact that I am only a 65% dog in your estimation give me some hope that my W/L record will start improving.Quote:
Originally Posted by sonatineQuote:
Originally Posted by verminaard
im not trying to be unkind but are you doing any technical analysis behind these plays? have you studied indicators? entry points? or are you just looking to yolo 35% dog coinflips?
To be less glib, this isn't technical analysis, but with these short term puts I have been working under a theory that at some point there will be some negative short term news that the market will react strongly negatively too, and I can capitalize on with a big win that will erase a lot of small losses. But I admit so far it hasn't happened yet, which means I should maybe re-examing my theory.
FWIW I recently cashed out at 291 to capture a decent 100%+ return. But I have no idea whether this was the right play or not. Only time and hindsight will elucidate this.
the continuous put thing has equity imo.
Well, as you said with no technical analysis at all I am just guessing when to get in or out, which is probably mitigating most of this theoretical equity. Last week I had a nice score turn to nothing by staying in too long. Today I got out early and who knows if it was the right play or not. The market is down since I got out, so so far not looking like good timing.Quote:
Originally Posted by sonatine
if you hit youre looking at 50x returns but if we dont get there in 6 weeks you pretty much lose money.
Damn. 289 now. Even when I win I lose.
287.
5/13 287 CALL
-time to play the game. (Very poorly apparently)
Down to 285 already. Amazing. So bad at this.
Big AAPL seller was offering 10k repeatedly last hour and then just threw the rest at the bid when he saw market was busted at end of day
AAPL was a safe haven to this point.
That’s how I will remember today
Verm needs to watch a YouTube video about trailing stops or similar. I feel bad but valuable schoolin. Any profit is good profit
AAPL was going into today like >1% gain for 7 straight days which is a Michael Jordan kinda streak so I was looking for a trip wire all day
AAPL ain’t MJ
The physical wars I just saw in that MJ documentary. Let’s body this market like old school NBA
I am guessing this is analogous to rabbit hunting the river card after you folded.Quote:
Originally Posted by Sanlmar
No, it’s letting your winners run. But only giving back a small percentage of it reverses trendQuote:
Originally Posted by verminaardI am guessing this is analogous to rabbit hunting the river card after you folded.Quote:
Originally Posted by Sanlmar
I’m not trolling. You’re in the Elon crew
Yeah. Cost myself $1200 not just letting it run. The funny thing is it went straight downhill about 15 minutes after I sold. And I am not gonna sell when it is just straight dropping, so I wait 15 more minutes I make an extra $1200. Brutal.
pretty good day. scalped AMD for +12.5% then snuck in a strangle on spy thats already up +29% and a put on GRUB that should mature nicely, considering uber rejected their valuation at 4:10pm.
almost got out on some swings in a great place and then vix went tardshit and suddenly 233% profit was 89% profit and suddenly im feeling patient again.
....aaaaamd I think I found my AAPL seller.
Norway Shatters Wealth Fund Spending Cap Amid Pandemic
Norwegian sovereign wealth fund. That’s how you run a society btw. This is gonna be a huge fucking story. They hold all the sweet rebounders.
I missed this news Didn’t matter. Nice day
Here’s something fun
Imagine the crack epidemic in Florida when those $6000 retroactive checks land in the service workers hands. This is the result of Florida dicking around with processing.
I mean the whole Florida economy is service so your brain can’t even comprehend the windfall.
Gonna be low flying planes dropping cargo over the ‘glades that hasn’t been seen since the Marshall plan post WWII into West Germany.
284 now and still heading down down down. I am starting to get physically sick thinking of all the $$ I threw away, including the 287 call, which is already drawing dead.
Reminds me of the feeling I had in a 30/60 LHE hand from a few years ago. Long story short ton of action multiway the whole way and a guy who had been showing extreme strength the whole way bets the river, another guys calls and I throw away AQ on a Q high board, thinking no way I can overcall after all the action. Dude who had been betting/raising the whole way shows QJ and the guy CC'ing shows TT, and I actually physically felt like throwing up. Over $2000 pot, easy.
Quote:
Originally Posted by Sanlmar
Jealousy will get you nowhere San.
It’s a perverted way of delivering social welfare. I was just imagining how it will go wrong.Quote:
Originally Posted by DalyQuote:
Originally Posted by Sanlmar
Jealousy will get you nowhere San.
Everyone keeps talking about how people on unemployment are doing better than actually working. I mean EVERYONE. What nobody mentions is these people don’t have health insurance in the midst of a pandemic.
If they are paying for insurance isn’t that a thousand or two a month?
How are they better off? This is just lazy analysis. Druff would post something like this, for instance. Maybe those collecting do mistakenly feel Unemployment is a better deal but they are foolishly discounting the value of health insurance.
I remember providing a statement on my income tax a proving the number of months I had health insurance. Is there a fine for having less than 12 months? Again, who is making out?
People on welfare do lol. This is like hitting the lottery for most.Quote:
Originally Posted by SanlmarIt’s a perverted way of delivering social welfare. I was just imagining how it will go wrong.Quote:
Originally Posted by Daly
Everyone keeps talking about how people on unemployment are doing better than actually working. I mean EVERYONE. What nobody mentions is these people don’t have health insurance in the midst of a pandemic.
If they are paying for insurance isn’t that a thousand or two a month?
How are they better off? This is just lazy analysis.
Once the smoke clears the feds will be getting there money back. For now people can be N_GG_R Rich.
I like to buy a vowel Pat.