Zzen
Potato del Grande
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Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Blazin
Creative Title
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Going to be hard for market to recapture that level, and it's not going to make it easy on either side. Bulls would have wanted to hold consolidation closer to that level.
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Zzen
Potato del Grande
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Start a newsletter bro. I’ll pay for it.
Love the insights, even if I’m not trading right now
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What's the bear case on the big banks? Just dealings with Russia? One of the panelists on CNBC yesterday was short the banks but didn't really explain why. I'd think they'd be good long term buys here with rising rates.
I've started nibbling (JPM the other day) and wondering if I should hold off before buying some more.
I've started nibbling (JPM the other day) and wondering if I should hold off before buying some more.
Sanrith Descartes
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I was on the road all day and around lunchtime see the Nasdaq up 2% and thinking wow sort of a shocker. Then I get home and see red. lol.
Anyways, I wasn't feeling great about the market with Biden speaking and me being out of office so only put in a couple of orders and 1 hit. Grabbed AMZN at $2675
Anyways, I wasn't feeling great about the market with Biden speaking and me being out of office so only put in a couple of orders and 1 hit. Grabbed AMZN at $2675
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Sanrith Descartes
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Sanrith Descartes
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Big Phoenix
Pronouns: zie/zhem/zer
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What did they do to piss off the feds? Seems like small potatoes all things considered.
Jysin
Ahn'Qiraj Raider
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Ooops.
WSJ News Exclusive | Amazon Flagged to Justice Department for Possible Criminal Obstruction of Congress
A letter from bipartisan members of the House Judiciary Committee accuses the tech giant of withholding information during an antitrust probe. Amazon has denied any attempts to mislead.
www.wsj.com
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Sanrith Descartes
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Sanrith Descartes
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Shrug. What ya gonna do. Up over 2% in the pre-market. My guess is this gets bought off at some point.Ooops.
WSJ News Exclusive | Amazon Flagged to Justice Department for Possible Criminal Obstruction of Congress
A letter from bipartisan members of the House Judiciary Committee accuses the tech giant of withholding information during an antitrust probe. Amazon has denied any attempts to mislead.
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Sanrith Descartes
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Take this for what it is but the markets appear to be pricing in peace of some sort. Or at least a minimization of a shooting war. Defense stocks got clubbed yesterday and are getting clubbed again in the pre-market.
LMT already 11% off the high from last week, NOC off 11%, RTX off 9%, GD off 7%
LMT already 11% off the high from last week, NOC off 11%, RTX off 9%, GD off 7%
Sanrith Descartes
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Sanrith Descartes
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Zog
Blackwing Lair Raider
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Sold my sqqq shares at close yesterday and wake up to see this blatant manipulation.
To go from +7% to -7% with only futures trading... More than likely it'll get gap filled or worse but that's some crazy shit!
It's really amusing to see people come up with their own reasons to justify moves in the market, the volatility is just insane with 10-20% swings intraday people are going to get blown the fuck out playing options.
To go from +7% to -7% with only futures trading... More than likely it'll get gap filled or worse but that's some crazy shit!
It's really amusing to see people come up with their own reasons to justify moves in the market, the volatility is just insane with 10-20% swings intraday people are going to get blown the fuck out playing options.
Sanrith Descartes
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Zog
Blackwing Lair Raider
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You guys are probably right but my gut feeling is there's been heavy call ratios on everything compared to puts and they have been getting absolutely destroyed. A ton of money is being put to work to prevent that support from breaking.
Market rebellion puts out a list of options volume %s and it's been heavy heavy calls, especially apple.
I tried to trade logically with current events and basic economics but that just didn't seem to ever work, i haven't had a red day yet since just giving up on logic and day trading the "sentiment" for lack of a better word.
All i see now is desperation for saving the market, they try every day and it just doesn't hold, too much negative shit and for good reason. I still think we can have huge upside but it isn't right now. There's always some new fucking end of the world event lately.
It's all so tiresome, i really envy those of you who can just buy shit at support and not worry about it. My brother tried me the same shit but my reply is had i bought and held anything in the past year I'd be down pretty badly, which doesn't really help.
Sanrith Descartes
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