ELON TUSK IS GOD

[Sanlmar]

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.

[sonatine]

by the way if anyone wants to feel like an absolute fucking genius, hang out in some facebook stock market groups.

[tgull]

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.

[Sanlmar]

by the way if anyone wants to feel like an absolute fucking genius, hang out in some facebook stock market groups.

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.

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.

[sonatine]

by the way if anyone wants to feel like an absolute fucking genius, hang out in some facebook stock market groups.

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.

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.

[Sanlmar]

You missed Dow +270 but there is still time to bulk up on your shorts.

[ErickAA]

I just did a 1 week 286 SPY put.

YOLO.

[ErickAA]

I just did a 1 week 286 SPY put.

YOLO.

This is retarded. I need a new hobby.

[simpdog]

I just did a 1 week 286 SPY put.

YOLO.

First rule is stocks go up. When your brain says put buy a call instead. Thank me later.

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?

[sonatine]

id also wager that doing absolutely no technical analysis before making contrarian trend option plays with almost no runway is not a profitable lifestyle.

[ErickAA]

[Sanlmar]

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

[sonatine]

welp, tomorrow morning, imma be really happy or a little sad.

[Sanlmar]

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.

[Sanlmar]

facebook announced they are rolling out a video-messenger room as some sort of zoom killer feature and this is what their stock did:

Missed this but I think the important story is ad spend.

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.

Look at Google today. It’s coming out this week too.

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

[Sanlmar]

Los Angeles Lakers always the scumbags

Jeanie Buss doing the perp walk over taking PPP SBA $

Maybe you are right about human nature Druff

[sonatine]

anyone not strangling goog, amzn, and tsla has a fucking deathwish.

[Daly]

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

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.

[Sanlmar]

anyone not strangling goog, amzn, and tsla has a fucking deathwish.

TSLA doubled in 6 weeks. $350 stock doubles - that’s somethin. Wish I didn’t have such a hard on. I’m incurable

[Daly]

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.