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Quote:
Originally Posted by badguy23
People on welfare do lol. This is like hitting the lottery for most.Quote:
Originally Posted by Sanlmar
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.
You want to buy a vowel on credit?
LOL yes plz. I like a O!! Then $795 a week plz.Quote:
Originally Posted by SanlmarQuote:
Originally Posted by badguy23
You want to buy a vowel on credit?
Credit peter mcneil, baron and other usual suspects
Peloton PTON ran and ran since I expressed my short idea. I know it’s PFA but I took it seriously when everyone I know says they are going to relapse. You will note I didn’t argue.
Saved me some dough. I prolly would have taken a stab.
Strong stock on bad day today.
to your point;Quote:
Originally Posted by Sanlmar
crossed under SMA tonight, MACD crossover, RSI dipping offa overbought..
but... BUT... how much of this was just fauci tanking the market? plus the 180 sma is reeeeal strong uptrend still soOoooOOooOO
IBMs about to fucking explode..
This is the one case where I’m going to ignore technicals. I will be punished I’m sure.Quote:
Originally Posted by sonatineto your point;Quote:
Originally Posted by Sanlmar
crossed under SMA tonight, MACD crossover, RSI dipping offa overbought..
but... BUT... how much of this was just fauci tanking the market? plus the 180 sma is reeeeal strong uptrend still soOoooOOooOO
I’ve opened the store. Did it for a quite a while at one point. I liked the quiet.
Fade in
New England winter morning. 5:15am. 15 degrees light snow.
Exterior shot
7 members lined up outside of locked glass double doors. Each is clutching a gym bag. Some hold fresh dress shirts on hangers under plastic. Their expressions are hopeful yet anxious.
The gym doesn’t open til 5:30am. First spin class is 5:45am. The opening process requires lights to be turned on and it’s impossible to leave the members outside in the cold. I let them in early. Gradually, that early entry starts to creep earlier and earlier.
Seconds count. These people do their spin, shower, put on their business dress and join the traffic into the city. It’s a rush but they are committed.
I used to joke with the women about “the transformation”. I am dreadful with faces and literally don’t associate the woman leaving with the unmade-up woman who entered. Woman loved hearing the “transformation” rap.
I am going to be curious whether this morning spin ordeal will survive. Spin is filthy. I am not getting in front of Peloton til I collect some anecdotal evidence. How many already have PTON? These people already proved how committed they were. They didn’t just quit cycle during the lockdown. Right?
EVERYONE is doing online spin.
I might scalp but I ain’t stepping in front of the train. Not yet. We will know soon.
so if you want to talk holistics, try this on for size.
credit card debt just imploded. everyone paid off the cards.
why?
because everyones terrified of losing their jobs, or has already lost their jobs.
id say 80% of everyone who will own a pelaton in the next 12 months already owns a pelaton.
it had a huge run up because it was undervalued given current circumstances and because everything that happens in the market is dramatic overreactions, there will be a pullback.
looking at you zm.
that said when i talk about actionable TA im always talking short term. jim simons didnt get his groove back until he started focusing on big volume / huge cap / short term movement.
when we talk about a return to the organic mean, i mean, that could be a slow dive through winter.
who the fuck wants to have their capital tied up in PTON earning 1-3% a month and constantly worrying that kendall jenner is mention them on IG and run their stock up 15% in an hour?
spce is being weird again. branson selling 12% off to fund the rest of his crumbling empire.
That’s a company that like, has profits and stuff and like pays a dividend.Quote:
Originally Posted by sonatine
Take these boomer stonks TF out of here
Invisible hand of the fed trade is on.
Gambling the Fed makes the 2840 S&P resistance point hold and pushes us up past the quickly sinking 200 day moving average at mid 2900’s and onto 3000.
Few hundred billion takes us over 200 day MA and takes out the market sub 2600 for a long time barring another full on crash.
Makes too much sense.
You just made me consider something I had not before. Wow.Quote:
Originally Posted by sonatine
Can you link me something?
I know people are hoarding and saving. Not spending. Did not consider consumer credit. I believe you.
I will tell you business cards have got to be experiencing the opposite. If you are running a service business you are holding onto cash.
Our business cards are maxxed
If you decide to BK with a maxed card. That’s the game
ZM, that guy stepped on his dick more than once. I was always refreshed with his candor. Genuine respect. I tip my cap but no fucking chance with that land mine.
Quote:
Originally Posted by SanlmarYou just made me consider something I had not before. Wow.Quote:
Originally Posted by sonatine
Can you link me something?
I know people are hoarding and saving. Not spending. Did not consider consumer credit. I believe you.
I will tell you business cards have got to be experiencing the opposite. If you are running a service business you are holding onto cash.
Our business cards are maxxed
If you decide to BK with a maxed card. That’s the game
ZM, that guy stepped on his dick more than once. I was always refreshed with his candor. Genuine respect. I tip my cap but no fucking chance with that land mine.
https://news.google.com/search?q=cre...S&ceid=US%3Aen
isnt it curious how google's algs buried this. one might wonder why
Quote:
US credit card debt suddenly reversed course in March and fell by the largest percentage in more than 30 years. At the same time, savings rates climbed to levels unseen since Ronald Reagan was in the White House.
When this virus was first made official by Sonatine you might recall those who forecast the return to normal & timeline.
“People will resume exactly the same behaviors and preferences as before. Everyone will return to work”.
Obviously, this was stupid. Behaviors are always changing. Sometimes the change accelerates. While I’m getting kicked in the balls in some areas I am absolutely fascinated and excited trying to noodle out the new trends.
This is an exquisite moment. It cannot be overstated.
The only anxiety I feel is that I will be filled with regret in 2 or 3 years for missing something obvious now
I want to immerse myself and mine for ideas. I also want to go dark and try to be original and unadulterated. Lately, leaning toward shutting down the noise.
Hermit millenials. Is this going to be a thing?
I will still wager personal debt is greater now than then. Especially amongst millenials. Maybe not revolving credit but plenty of student debt etc.Quote:
Originally Posted by sonatine
credit card companies are lowering available credit so I read. paying those things off seems short sighted.
shorting illegal in 3... 2.....
Did a 285 put at market opening. In same boat as yesterday. Do I take the small win now or let it run. I am sure whatever choice I make will be the wrong one.
sounds like you should ask in the DrUFF StOCk MaKrET inVEstmENt ThREaD
Dr. Rick Bright, the ousted director of a key federal office charged with developing medical countermeasures, will testify before Congress on Thursday that the Trump administration was unprepared for the coronavirus pandemic and warn that the the US will face "unprecedented illness and fatalities" without additional preparations.
bullish imo
And my dick got blown off.Quote:
Originally Posted by Daly
~2820 is the floor here. We blow through that to the downside and we going to get that correction we have been waiting for.
Quote:
Originally Posted by DalyAnd my dick got blown off.Quote:
Originally Posted by Daly
~2820 is the floor here. We blow through that to the downside and we going to get that correction we have been waiting for.
thug life
Quick newb question about the mechanics of straddles
I assume when you buy a straddle it operates as 2 independent options (one call and one put) and you can choose to exercise the options (or not) independently at any time up until expiration?
Quote:
Originally Posted by verminaard
this is a really good question and ive wondered the same myself. i place my straddles/strangles as two unique plays for the simple reason that i see no good reason to execute a contract on an option worth 2% of its original value when its got time left to rebound.
that said i can see it being useful to have it stay a single transaction for PDT reasons but im not even sure it would under the circumstances you describe.
Powell TKO'd the market a bit today.
Is he on team bear market now? Or is he going to rev up the printers?
Tine, how long we hodl CLX for?
the only reason to get off clx's dick right now would be if you felt you had a read on something better than it elsewhere. pending macro trends drinking its milkshake it looks like its probably going to keep on keeping on pretty much indefinitely.
plus they just signed a contract to supply goods for uber drivers, ubers closing with grubhub possibly, so yeah lotta good vibes plus im not seeing any negative holistic shit anywhere on my radar.
What’s gotta concern your kind is that on a big down day bonds couldn’t catch a bid. What that tells you is that .gov is the only player.Quote:
Originally Posted by Daly
That’s a little creepy even for me.
We failed on volume up a long time ago and now we have expansion of volume down.
The NDX tried to run this morning and got sold into. Was that Norway again?
Understood. was thinking exact same way. Thinking of dollar cost averaging Costco since its been shitting the bed recently and earnings is EOM and I have to assume they gonna have a good report but might just add to CLX instead.Quote:
Originally Posted by sonatine
Oh, more is coming and more after that. It’s just a question of how much.Quote:
Originally Posted by simpdog
Trump crying about shorts is such blatant campaigning to his dopey populist core. Bad bad 1%’ers.
It’s patronizing and shallow.
2820 you say?Quote:
Originally Posted by DalyAnd my dick got blown off.Quote:
Originally Posted by Daly
~2820 is the floor here. We blow through that to the downside and we going to get that correction we have been waiting for.
As JCPenney struggles with missed debt payments and prepares for a possible bankruptcy filing, it approved bonuses of $1 million or more to its top four executives.
I mean why not the ship is going down and the government will give you millions.
Got in on TVIX @ 224. Please dont fuck me.
Yessss... 237 and climbing... lets go....
Out at 237. Nice morning profit.Quote:
Originally Posted by OSA
10:05pm Eastern. Printers started.
Quote:
Originally Posted by simpdog
makes sense, its literally 5m after rick bright started talking sense to congress re covid.