I’m looking for support. Just want to be clear.
Look at RSI for anything you choose. 10% lol. Somewhere someday we are gonna rally like a banshee. Don’t know when
Positivity is so lame. I know. Let’s fix that
You’re out, right GBCP?
Printable View
I’m looking for support. Just want to be clear.
Look at RSI for anything you choose. 10% lol. Somewhere someday we are gonna rally like a banshee. Don’t know when
Positivity is so lame. I know. Let’s fix that
You’re out, right GBCP?
I just got my piddly little boring ass dividend stocks and sold some vol this week...
second part not looking so good, but wings are wide...
basically just sitting back and enjoying the carnage cause im getting a sale price on shit...they want to sell me XOM at 7%-8%-9% yield who am I to say no to that...
If you run a heat map, you might have seen what I think was 4 Fed buy programs at various times. You can see it ripple thru. Levels are broken the boat just got swamped each time.Quote:
Originally Posted by GambleBotsChafedPenis
It’s so broken today. I see the CNBC crawl with Fed 50 basis point March. I must not listen to that. Such nonsense
Stamped ramble
I’ll get to gold in a bit Wild
yeah it is fucking nuts...that little ramp before noon I was thinking, 'holy shit somebody is fucking pounding this thing higher, we might actually get back to 3000 today'...Quote:
Originally Posted by SanlmarIf you run a heat map, you might have seen what I think was 4 Fed buy programs at various times. Levels are broken the boat just got swamped each time.Quote:
Originally Posted by GambleBotsChafedPenis
It’s so broken today. I see the CNBC crawl with Fed 50 basis point March. I must not listen to that. Such nonsense
Stamped ramble
then about 20 minutes later...
:anditsgone
think the gold is just liquidation...you would think flight to safety and all that stuff, but people are just coming in and getting the fuck outta everything...
makes those boring ass companies go on sale as well...buffett has something...just pick at the carcasses of all the companies that puke cash out when everybody else is in mass liquidation mode...XOM, yeah near term troubles, oil in the shitter and whatnot...but you want to pay me 7-9% a year to wait, sure...in a normal market (ie one where a company with an 11 figure market cap doesn't double in a couple of months) that's what dreams are made of...
I remember in '08 I bought a tiny amount of GE at like 8...back then GE was still something...shoulda loaded the truck up on that...GE going to 0 at that point didn't mean dick...if that happened there would be far bigger problems in the world...
panic selling is always a thing to watch...these new robinhood guys must be losing their fucking minds...YOU MEAN THIS SHIT CAN GO DOWN AND I CAN LOSE MONEY??!?!!? WTF!?!??!?!??!!
Every idiot is gonna bargain shop Monday.
Supposed to buy close but weekend risk and actual crazy Trump/Fed possible action buuuuut Kudlow says officially we good.
Ughhh
I might do some AMZN and other unoriginal stuff
Metals XME just to be a sicko?
I love vol expansion so fucking much...
they'll pay you roughly $2300-2400 to get long 100 shares of TSLA at $500...'tine if you want to sell options, this is the time to do it...vol is CRAZY expensive...
what a time to be alive!
EDIT: metals...……...ballsy san, ballsy...
Just fantasizing about hero plays. I mightQuote:
Originally Posted by GambleBotsChafedPenisI love vol expansion so fucking much...
they'll pay you roughly $2300-2400 to get long 100 shares of TSLA at $500...'tine if you want to sell options, this is the time to do it...vol is CRAZY expensive...
what a time to be alive!
EDIT: metals...……...ballsy san, ballsy...
Look up 3 gap plays
This is SPY. The legend has it that at worst you trade sideways after the formation.
Like metals, oil has a 3 gap play.
That’s what I’m screening.
Fucking Powell.
I’m wasting my time.
They rake Sanders but we already nationalized the market. Let’s us figure it out on our own.
It’s like your parents separating you and your brother. Let em pound it and become best friends after.
I fucking have to unmute CNBC. That’s the worst part.
if you trade sideways after that formation vol is gonna fucking puke itself so hardcore...doesn't take much at this level for the VIX to shit itself...
I sold a put spread on SVXY expiring in 3 weeks...VIX at 35 I sold somebody a bag of shit...
I love selling bags of shit...I worked for a company that did that for 30 months...AC is the biggest bag of shit out there...
I picture some Millenial on Reddit typing “tendies” after buying your shit on RHQuote:
Originally Posted by GambleBotsChafedPenis
id advise against it...it can only make you fucking dumber...Quote:
Originally Posted by Sanlmar
Gotta fade this for pennies.Quote:
Originally Posted by GambleBotsChafedPenisid advise against it...it can only make you fucking dumber...Quote:
Originally Posted by Sanlmar
here's another lesson to take from my TSLA post above...
if you are thinking about buying stock X at price Y now is a PERRRRRRRRRRRRRRFECT time to sell puts at the price you want to buy it at...if the market continues to go down you get the stock put to you at the price you were gonna buy it anyway...if the market rallies or stays where it is then you collect a fucking boatload of expensive premium for something you were gonna do anyway (buying the stock)…
when the VIX is at this insane level the price the market is laying you to do that is about as great as it's gonna get...
here just a small example of puts that expire in a month:
AAPL 250s $875 for 100 shares
AMZN 1400s $1100-1125 for 100 shares
FB 170s $400 for 100 shares
NFLX 300s $550 for 100 shares
there are people that are gonna make an assload of money from selling vol up here...
Did we talk about Yen dollar pair? Yen gold pair was nuts before the crash. Now everyone bailing everything.
Japanese kids sitting out a month from school?
That could happen in Los Angeles. Half those kids must be homeless. Spin that out.
Die market die.. idiot Powell
+130 ticks
I’m flat. Wanna buy those ideas. sPY
Lol ticks. My bad
Left 100 points on floor
I suck. Nit life
I like stock markets that go up
JPMorgan Shifts Scores of Workers to Mortgages to Handle Boom
Related
I have this crazy idea of looking at the retail mall owners who hold huge real estate and a refinance would crush. Simon Properties? I’m lazy though.
Quote:
Originally Posted by SanlmarQuote:
Originally Posted by sonatine
Wow. Surprised you don’t have it running on a dedicated machine. I know your ITSec but still. I don’t even do news search on my setup much less PFA
Nice hit on the SPY yesterday.
Please STFU Cramer. Historic shit and this idiot is on.
it was 100% server side issues. network connect was fine, cpu / ram fine. i just stopped receiving data or being able to send data within the platform. a few times actually.
I heard TDAmeritrade was down. 1:30 wait on phoneQuote:
Originally Posted by sonatineQuote:
Originally Posted by Sanlmar
it was 100% server side issues. network connect was fine, cpu / ram fine. i just stopped receiving data or being able to send data within the platform. a few times actually.
VA loan right now no money back 3.375Quote:
Originally Posted by Sanlmar
If we go to zero rates Freddie & Fannie May not lower rates from here. Does this hold water GBCP?
Wild new world.
10 year 1.12 To me that is the story. I can’t think what to do.
Just rip the band aid Powell and go zero
I did TOL Toll House Cookies Builders $36.70 100 shares.
KBH just now 32.14
Mortgage has NOT tracked the 10 & 30 year yet! There is room
Buying. Gonna ruin my weekend with SPY $290.70 (so u can mock me Monday)
Did we just shoot our wad at the close?
Heavy heavy buying at close.
that was 100 handles in the SP futures in the last 10 minutes...
what in the fuck is going on?
VIX slammed below 40...
yummy...
Did I just run with the institutions (dumb money)?Quote:
Originally Posted by Sanlmar
I could get killed Monday. FML Enjoy the schadenfreude.. I will shut up now. Sorry for hyper posting.
Warren Zevon’s excitable boy
san don't know enough about mortgages to comment if they'll keep lowering rates if we go to 0...
I keep checking, mortgage rates keep going down, so don't know if we've found the bottom yet...but view is faaaaaaaaaaaaaaaaaaaaaaaaaaaaar from being informed...
EDIT: love the hyper posting, san...if this shit doesn't get your juices flowing you are dead inside...
I close on a new house on Tuesday, should have floated, down to 3.125 here, got 3.375 and I am mad for some reason.Quote:
Originally Posted by GambleBotsChafedPenis
all im saying is
when people start getting turned away from hospitals because they are full, and footage of people collapsed in the street in midtown manhattan hits fox news, and every single plane seat in service tests positive for a virus that wont fucking die for 2+ weeks...
we are going to remember this dip fondly.
But this fixing Social Security, and transferring all that wealth to long-term HODL for their kids, is the greatest thing that will happen in market history.Quote:
Originally Posted by sonatine
Just remember that when trying to time the bottom.
I hear ya...you feel like you "lost" on the trade...still gonna be way ahead at 3 3/8...Quote:
Originally Posted by abrown83I close on a new house on Tuesday, should have floated, down to 3.125 here, got 3.375 and I am mad for some reason.Quote:
Originally Posted by GambleBotsChafedPenis
Quote:
Originally Posted by GambleBotsChafedPenis
:this
and when is that generation going to say that's all the pain I can stand??
I'll be interested in the news this weekend more than normal. Also excited for more guidance pulling.
so gap up monday -> fomo -> dogpile -> total carnage?
there are concepts of high finance that I could try to elucidate here, but why even bother.
You never saw such euphoria over -357. So ya, pretty standard barring any weekend surprises. That’s where I placed my bets. But we be livin in volatile times so trick or treatQuote:
Originally Posted by sonatine
harness your considerable resources to imagine a country where the 10YR is 0.8% cause that’s where it looks like it’s headed.
We broke major support. 10YR monthly below from earlier today
Grand economic visions aren’t my forte. I’m great at the next 5 minutes though
The market could go into ludicrous mode for a brief period before we break a transaxle.
One last real estate rush?
Currencies etc etc
Quote:
Originally Posted by SanlmarYou never saw such euphoria over -357. So ya, pretty standard barring any weekend surprises. But we be livin in volatile times so trick or treatQuote:
Originally Posted by sonatine
harness your considerable resources to imagine a country where the 10YR is 0.8% cause that’s where it looks like it’s headed.
We broke major support. 10YR monthly below
Grand economic visions aren’t my forte
The market could go into ludicrous mode for a brief period before we break a transaxle.
One last real estate rush?
Currencies etc etc
Then don't bother
Oh wait, have you got an in on the fighting Irish season?
pffffft, awful
the most pathetic thread second to Trump's train
Make Americans Cry Again
Whimpering p.o.s.
The last thing you could say about this site is that it's fun
Crying, scared and humourless
Whelp gg market, Corona is loose in the US
Quote:
Originally Posted by SanlmarYou never saw such euphoria over -357. So ya, pretty standard barring any weekend surprises. That’s where I placed my bets. But we be livin in volatile times so trick or treatQuote:
Originally Posted by sonatine
harness your considerable resources to imagine a country where the 10YR is 0.8% cause that’s where it looks like it’s headed.
We broke major support. 10YR monthly below from earlier today
Grand economic visions aren’t my forte. I’m great at the next 5 minutes though
The market could go into ludicrous mode for a brief period before we break a transaxle.
One last real estate rush?
Currencies etc etc
its just to bizarre, people are acting like The War Is Over because a plunge reduction team re-inflated the balloon like 3%, meanwhile no one bothered to patch up the hole.
the virus outbreak is at the 'conductor tapping his baton' phase of the orchestra.
supply chains with china remain broken, so our tech industry remains broken.
global shipping.. is broken.
it reminds me of that scene in that documentary about STUXNET where they talk about why people dont trivially knock down each others power grids; standing them back up takes months. this doesnt get fixed with 100 S&P handles in 20 minutes of trading.
history will not be kind to the last 72 hours here.
I don't ever try to predict the future...wouldn't surprise me if we were up 100 on Monday or down 200...
CNBC is hot garbage and verbal masturbation of the highest order...they will just sit on the air and panic people when the market is crashing and cheer it when it's at all time highs...
the question to ask is this...why would people who have the ability to move the market 100 SP points in 5 minutes be buying going into a weekend with all this terrible shit swirling around? it makes no logical sense...if the market went down 100 points in 5 minutes that makes total sense...that's a flight to cash/safety headed into a weekend, liquidations, margin calls, etc...shit that's easily explained...I haven't seen one rational explanation for this move...
month end rebalancing? nah, you don't see this kinda sharp sudden move every month end...
short covering? possibly...guys that took their pound out, didn't want to get caught short going into the weekend...
confluence of these two things?
a better explanation? i'd bet on that...
doesn't really seem like people with a shitton of money to play with really gave a shit about this virus and what could happen in two days with it...these guys didn't get to have all this money by being fucking stupid...it's very, very, very strange to say the least...
Quote:
Originally Posted by GambleBotsChafedPenis
someone posted this and it resonated, but i know nothing about whats being described of course:
perhaps the deflated market simply over-responded to positive stimulus (^^^) that would otherwise just get lost in noise?Quote:
It’s the end of the month, pensions funds and other funds have to rebalance their portfolios. It created inflow on equities, since they underperformed the other asset classes this month.
my assumption was, obviously, that it was deliberate and designed to end things on a less horrific note so they could use it to trampoline off of monday with whatever 'solution' they come up with before then but yeah a lot of people are scratching their heads, clearly.
i’ll give you guys a clue: shanghai accord