ELON TUSK IS GOD

[Tellafriend]

some real halfassed swing predicts for friday;

htz 2.85

tna 22.5

pe 10.25

ar 3.8

slb 17.25

kos 1.75

ugaz 42

opk 2.6

again not to be taken seriously, just seeing how my swingish TA holds up. i might or might not sink money into any of these, depending on how the DJI acts tomorrow am.

AR is on fire. Been trading it and it's step-son AM for months.

[sonatine]

some real halfassed swing predicts for friday;

htz 2.85

tna 22.5

pe 10.25

ar 3.8

slb 17.25

kos 1.75

ugaz 42

opk 2.6

again not to be taken seriously, just seeing how my swingish TA holds up. i might or might not sink money into any of these, depending on how the DJI acts tomorrow am.

AR is on fire. Been trading it and it's step-son AM for months.

'fucking a nice' rather


it capitulated to the ema this morning so im holding off on taking a position until it reverses direction, but im glad you got a piece of this, it looks like its got a lot of momentum on the upside still.


morning action has taken some other players off the board:

htz trading kinda sideways

pe reversed trend early but ill keep an eye on it

slb dipped early but there might be confirmation on an upswing this morning

kos not much to get excited about in terms of moves and very little volume, ignoring

ugaz hard reversed trend in premarket and there might be a dece scalp opportunity on the bounce but im have bigger fish to fry



but we have real strong indicators on opk and tna so far. and opk just got an FDA nod plus they have earnings tonight. will probably long both.

[sonatine]

Tellafriend: agree, AR will hit 4 shortly


we might see a big jump after hours tonight.. its acting like its ready to run again. $4 by the 15th wouldnt surprise me at all.

[OSA]

Fake Shit Meat huge uptick 26% today.


Funny, all the recent news has been that people cant afford to buy their product because of how expensive it is, Wall Street had no faith in growth, supermarket chains are going to compete with them and put out their own line etc etc...and now its doubled in stock price in the last month.

[Sheesfaced]

Peloton crushing in after market after positive forward earnings revisions. Think I mentioned a couple months ago that is a stock that could benefit from Corona. Think it’s up over 50% since then.

[sonatine]

Peloton crushing in after market after positive forward earnings revisions. Think I mentioned a couple months ago that is a stock that could benefit from Corona. Think it’s up over 50% since then.

its also a classic Becky stock, hope you caught a piece of it.

[ErickAA]

I did a 5/8 289 SPY put on Monday that is well in the money, and I am holding onto it to see if we can get in the 270s. Will be nice if I can bag a big win with one of these options, as all of my forays into options so far have been either total losses or tiny wins.

Today I also did a 6/19 $20 Wendys put when they announced they ran out of meat and the stock inexplicably went up.

[Daly]

I did a 5/8 289 SPY put on Monday that is well in the money, and I am holding onto it to see if we can get in the 270s. Will be nice if I can bag a big win with one of these options, as all of my forays into options so far have been either total losses or tiny wins.

Today I also did a 6/19 $20 Wendys put when they announced they ran out of meat and the stock inexplicably went up.

Rep should read: Win some lose some

Chart is in no mans land right now.

[sonatine]

your spy put should be very strong, we punched through a few resistance levels already and their is a reasonable chance at us free falling into 270s by friday close.

i actually picked up a 286 strike today around 11am that was up +79% at close at 284.25 and weve been flirting with 282.x for the last 20 minutes.

[Sheesfaced]

Peloton crushing in after market after positive forward earnings revisions. Think I mentioned a couple months ago that is a stock that could benefit from Corona. Think it’s up over 50% since then.

its also a classic Becky stock, hope you caught a piece of it.

Ha no doubt. My wife and her friends schedule synchronized workouts on their bikes together. Very Beckyish. Or is it Karenish now? I went long end of last year. Their fanaticism is part of why I went long the stock in December. That and the fact the street seemed to be pricing the company as an exercise equipment company instead of a disruptive software enabled hardware company a la Tesla. Not saying it’s anything remotely close to Tesla but I still think there is quite a bit of upside to he had. Obviously the Rona has provided a nice tailwind too.

All that said they could be the next Fitbit or GoPro.

[sonatine]

its also a classic Becky stock, hope you caught a piece of it.

Ha no doubt. My wife and her friends schedule synchronized workouts on their bikes together. Very Beckyish. Or is it Karenish now? I went long end of last year. Their fanaticism is part of why I went long the stock in December. That and the fact the street seemed to be pricing the company as an exercise equipment company instead of a disruptive software enabled hardware company a la Tesla. Not saying it’s anything remotely close to Tesla but I still think there is quite a bit of upside to he had. Obviously the Rona has provided a nice tailwind too.

All that said they could be the next Fitbit or GoPro.

tsla and pton share a _lot_ of dna, very well bowled.

[sonatine]

your spy put should be very strong, we punched through a few resistance levels already and their is a reasonable chance at us free falling into 270s by friday close.

i actually picked up a 286 strike today around 11am that was up +79% at close at 284.25 and weve been flirting with 282.x for the last 20 minutes.

lolbrrrrrrrrrrrr

[ErickAA]

your spy put should be very strong, we punched through a few resistance levels already and their is a reasonable chance at us free falling into 270s by friday close.

i actually picked up a 286 strike today around 11am that was up +79% at close at 284.25 and weve been flirting with 282.x for the last 20 minutes.

lolbrrrrrrrrrrrr

[ErickAA]

So I guess the recession is officially cancelled.

I guess the new economy is as follows:

1. Government prints money to give to US corporations that used to make consumer goods, but don't anymore because no one is consuming anything.
2. Government prints more money to give to plebeians, who used to have jobs making consumer goods but don't anymore because noone is consuming anything, which plebeians put back into corporations via the stock market and paying loans.
3. Money has no real function anymore, which is fine because no one is consuming anything anyways.

-I guess as long as we all agree this is how things are going to be from now on than things are fine.

-I actually got an offer to do a consulting job for decent $$. But I feel I am almost a sucker for taking it. Because I don't consume anything right now anyways, with no expectation that will change anytime in the near to mid future, so I could just file for unemployment and make enough to get by that way.

[simpdog]

[Sanlmar]

So I guess the recession is officially cancelled.

I guess the new economy is as follows:

1. Government prints money to give to US corporations that used to make consumer goods, but don't anymore because no one is consuming anything.
2. Government prints more money to give to plebeians, who used to have jobs making consumer goods but don't anymore because noone is consuming anything, which plebeians put back into corporations via the stock market and paying loans.
3. Money has no real function anymore, which is fine because no one is consuming anything anyways.

-I guess as long as we all agree this is how things are going to be from now on than things are fine.

-I actually got an offer to do a consulting job for decent $$. But I feel I am almost a sucker for taking it. Because I don't consume anything right now anyways, with no expectation that will change anytime in the near to mid future, so I could just file for unemployment and make enough to get by that way.

I know you know but we all really gotta internalize that the stock market is not the economy. It’s a board game.

For instance:

Treasury announces record $2.99 trillion in April-June borrowing to cover virus rescue efforts

This is tremendous good news if you play the market. In real life, it indicates enormous problems and need.

It’s like a donk poker player returning from the ATM. Game gets juicy. All that credit ends up with those who own assets.

At the end of the game the widow with 3 children passes her $ to the 1%.

I have trouble separating real life from the market too. It’s hard.


I’ve been playing the gym stocks. PLNT & PTON especially. Keep an eye on PTON Peloton. They just announced. At some point in the near future this is gonna roll over. Wait til it does.

These are $2200 stationary bicycles (and overpriced treadmills). Subscription classes. You can get a stationary bike from Amazon for $250 and tape an iPad to the handlebars. I joke, they all have a little tray for your electronics.

People aren’t going to pedal in their basement forever. The huge sales that just occurred are not sustainable.

[ErickAA]

lolbrrrrrrrrrrrr

End of day Thursday market has dropped to 287 which is breakeven area. So do I bail now or stay in and basically have to guess whether some random good or bad news tomorrow causes the market to shoot up or down for no good reason.

[Daly]

End of day Thursday market has dropped to 287 which is breakeven area. So do I bail now or stay in and basically have to guess whether some random good or bad news tomorrow causes the market to shoot up or down for no good reason.

Daily Chart says more likely to go higher than lower from here. No guarantees tomorrow as an individual day in the overall trend will be an up day.

[Sheesfaced]

So I guess the recession is officially cancelled.

I guess the new economy is as follows:

1. Government prints money to give to US corporations that used to make consumer goods, but don't anymore because no one is consuming anything.
2. Government prints more money to give to plebeians, who used to have jobs making consumer goods but don't anymore because noone is consuming anything, which plebeians put back into corporations via the stock market and paying loans.
3. Money has no real function anymore, which is fine because no one is consuming anything anyways.

-I guess as long as we all agree this is how things are going to be from now on than things are fine.

-I actually got an offer to do a consulting job for decent $$. But I feel I am almost a sucker for taking it. Because I don't consume anything right now anyways, with no expectation that will change anytime in the near to mid future, so I could just file for unemployment and make enough to get by that way.

I know you know but we all really gotta internalize that the stock market is not the economy. It’s a board game.

For instance:

Treasury announces record $2.99 trillion in April-June borrowing to cover virus rescue efforts

This is tremendous good news if you play the market. In real life, it indicates enormous problems and need.

It’s like a donk poker player returning from the ATM. Game gets juicy. All that credit ends up with those who own assets.

At the end of the game the widow with 3 children passes her $ to the 1%.

I have trouble separating real life from the market too. It’s hard.


I’ve been playing the gym stocks. PLNT & PTON especially. Keep an eye on PTON Peloton. They just announced. At some point in the near future this is gonna roll over. Wait til it does.

These are $2200 stationary bicycles (and overpriced treadmills). Subscription classes. You can get a stationary bike from Amazon for $250 and tape an iPad to the handlebars. I joke, they all have a little tray for your electronics.

People aren’t going to pedal in their basement forever. The huge sales that just occurred are not sustainable.

San I know you know the exercise industry but I disagree on PTON. Care to make a friendly wager on if stock is higher or lower 6 months or a year from now?

[ErickAA]

End of day Thursday market has dropped to 287 which is breakeven area. So do I bail now or stay in and basically have to guess whether some random good or bad news tomorrow causes the market to shoot up or down for no good reason.

Daily Chart says more likely to go higher than lower from here. No guarantees tomorrow as an individual day in the overall trend will be an up day.

So fair it looks like you were right. Going straight up after hours. Decided to ride it out and looks like gonna take a big L. It is what it is. Looks like I need to stop paying attention to reality and start playing the game better (or probably smarter find a new game to play).