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You are aware of what volatility halts are, right? No one is fucking anyone. It's built into the market for every ticker. Circuit Breaker Trading Halts U.S. securities exchanges have standing rules for market-wide trading halts in instances were dramatic price declines threaten market...

Not even tariffs can save this turd.

You have to dig into the reports vs just skimming the surface data.

@Rangoth you mentioned an options position and earnings. Just an FYI if you’re unaware, stops only work during market hours. Not only that, but options only trade during market hours as well (with a couple ETF exceptions). Holding options through an earnings event is gambling big time. If...

@Borzak Interest rate yields are all up!

No one pays full price for TV. They regularly run sales as cheap as 60-70% off annual sub prices. That brings the Premium sub down to about $18/mo. I have linked these deals in this thread a few times.

@Sanrith Descartes you of all people should know markets are always forward looking. An abysmal Q report is always looked past in favor of forward guides or new news. They basically said they are fast tracking new vehicle development and cheap model option as well as the FSD licensing. When you...

Finally, someone pointing out the cooked numbers bullshit: https://www.cnbc.com/2024/04/19/something-strange-has-been-happening-with-jobless-claims-numbers-lately.html

This. Apparently they have had no problems prereporting blowout earnings in the past, but their silence this Q is being assumed the worst.

@Blazin you had talked about implementing the show profit or take a ban rule a while back. Fantastic time to roll this feature out. At least for this thread.

MSFT was down today on the back of this news: 11:37 Reportedly Microsoft's OpenAI partnership could be subject to an EU antitrust investigation; No decision has been made yet as regulators are still gathering evidence - press - Regulators have reportedly decided against antitrust probe with...

Just another day on the street.

I’ve preached many times here, profit taking is equally important as entries. Neither has to be an all or nothing event. I would scale some profit off when you hit a target, but leave some skin in the game if it wants to run. If it pulls back, at least you took some profits and can simply add...

Live feed of the next CPI data being worked on:

Fed coming in to shit on the markets: FED'S KASHKARI: IT'S A QUESTION OF WHY CUT RATES IF THE ECONOMY REMAINS STRONG. 14:05(US) Fed's Goolsbee (non-voter for 2024): Inflation has been moving sideways and if it continues to do so it makes me wonder if we should cut rates at all this year Big...

The shares are in the shutter not only because of what Tuco said, but they diluted the fuck out of the shares with offering after offering and taking on mountains of debt.

That's exactly what this thread is for and it's far better to run those by some of us experienced like Blazin, Sanrith, and myself to take a look at and at the very least point out any glaring flaws eg: value traps, etc.

Fun times in crypto land.

Only 30%? Actual photo from my phone:

NVDA weekly RSI of 91. What could possibly go wrong?

@Ossoi

@Blazin Been saying this for some time in my trade circles. The only way out of the debt problem is to inflate it away. Makes sense on a government level, corporate level, as well as personal level. It just absolutely fucks anyone sitting in cash. I wish I had thrown more into hard assets like...

Glad to hear it man. You had some precarious timing for retirement. Stay the course amigo!

Not sure what kind of shape you are in, but my dad and I reshingled our own roof in a few days. Just get a good weather window and bang it out. It's not rocket science. That crew probably has a collective IQ of 90.

Meanwhile under the hood in reality land: "Hardship withdrawals from 401k retirement accounts hit a fresh record. Up 30% on the year and tripling the pre-pandemic rate. 1 in 7 Americans now has a loan against their 401k. Nearly half borrowed to avoid foreclosure. With medical bills coming in #2"

DXY dropping causes all commodities to price higher and is a huge driver of inflation. Dovish Powell with the outlook of rate cuts on the horizon is all downward DXY pressure. Not to mention the recent spike in crude prices/ XLE, which will drive costs up across the board for most equities.

My take is, buckle up for inflation round 2.

Newswire following the NVDA presentation:

You’ve also got the added pressure on the consumer who are being squeezed by debt and inflation. With borrowing costs increased, you don’t have consumers lining up with cheap Covid bucks to purchase new vehicles. Another major factor is the realization of extreme depreciation in the EV market...

Yea, no idea how west coast traders cope. Ideally want to be on EST. Upside trading here in the UK is markets open at 2:30pm. Downside is it closes at 9pm. Makes for long evenings and tough to turn your brain off immediately after to wind down.

-24% on SNOW after earnings.

A news headline yesterday tipped the cards as to who has been buying AI hardware behind the scenes. (Which should also be of no surprise whatsoever) https://www.thenationalnews.com/world/us-news/2024/02/26/us-ai-syria-yemen/

The PANW Pelosi squeeze continues. Up over 7% yesterday and up nearly 6% premarket as of writing.

https://www.ft.com/content/4114454c-a924-4929-85f4-5360b2b871c6 Nothing to see here. New ATHs here we come! ... followed by: https://www.reuters.com/markets/us/jpmorgan-ceo-dimon-sells-about-150-mln-his-shares-sec-filing-says-2024-02-22/ Some more macro color: I am still not fully cash...

A good free trader to follow on Twitter is @TheOneLanceB (Lance Breitstein) Consecutive 8 figure ex-prop trader. Basically retired himself following the covid market. He has some great insights. Here is a 3 part series of a trader interview with him. It's a great listen where he talks about...

It is extremely focused on technical levels. Even if you are a novice trader it should help to identify better levels to buy into and avoid things like trigger traps, etc. You should only really be trading when the EV (Expected Value) is massively in your favor. Trading every single day is just...