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Mist

Mist

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GameStop explored getting into TCG tournaments and decided against it.

They're surprisingly hard to manage, require a lot of floor space, and aren't profitable on their own.

That said, TCGs and tabletop games are still a business model they could explore given that games are going increasingly digital.
 
Kirun

Kirun

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Mist said:
GameStop explored getting into TCG tournaments and decided against it.

They're surprisingly hard to manage, require a lot of floor space, and aren't profitable.
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And they smell like the inside of a burned out butthole.
 
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Big Phoenix

Big Phoenix

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Mist said:
GameStop explored getting into TCG tournaments and decided against it.

They're surprisingly hard to manage, require a lot of floor space, and aren't profitable on their own.

That said, TCGs and tabletop games are still a business model they could explore given that games are going increasingly digital.
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With how expanded gaming as become(collectables, streaming, podcasts, conventions etc.) you would think theres something they could incorporate. Instead its just lets sell games and some misc merchandise in an increasingly digital world.
 
Blazin

Blazin

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Jysin said:
I am quicker to take some profit these days into strength. Trimmed a tiny little bit. Hoping we get a pullback to add back. Or perhaps fail these overhead resistances back to lows for more loading the boat.

View attachment 403769
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Will be tough not selling the resistance near 445. We obviously will have some backfilling but would have to be really watching for reentry which may not be much lower , or even lower at all from exit if the selling pressure just can't build any momentum. I don't see us just punching though it. I'm honed in on the vix because we need more decline to get the institutional money that simply won't move in with an elevated vix . Lots of big money out there that simply trades on a set of vol. rules and they'll gladly pay 5% extra and wait for calm waters. Today's vix decline % was a little disappointing and adv/dec volume was certainly healthy but just would have liked to see a few ticks higher.


FOFNVvkUcAUW4xf.png
 
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Borzak

Borzak

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Futures down across the board. Oil price is up. Of course that means probably a record breaking good day.
 
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  • 1Worf
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Jysin

Jysin

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SPY is down 5 points from the close. Oil is up.

Fri anything can happen. It would be far healthier to have a retracement test of support before just blindly heading higher after such a strong few days.

Then you get headlines like this that keep everyone on their toes. The cynic makes me think they want another dip chance to load the boat.


Goldman Sachs Says Market Now Too Relaxed on Ukraine Risk
Goldman Sachs Says Market Now Too Relaxed on Ukraine Risk
 
Blazin

Blazin

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Look at this change in behavior, people who are fast to adapt benefit the most. The chart I posted yesterday these kinds of move are often just the beginning. That doesn't mean up everyday, but when the market behavior changes you need to pay attention, both up and down.
 
Sanrith Descartes

Sanrith Descartes

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Blazin said:
Look at this change in behavior, people who are fast to adapt benefit the most. The chart I posted yesterday these kinds of move are often just the beginning. That doesn't mean up everyday, but when the market behavior changes you need to pay attention, both up and down.
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When EF Blazin talks... People listen.



Only boomers will get this.
 
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  • 1Worf
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Lightning Lord Rule

Il_Duce Lightning Lord Rule

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Update for the curious: ABBV sell order filled this morning at 158. Hopefully it doesn't take 6 months to find another good entry point, but we'll see. Either way, 46% in ~6 months isn't bad!
 
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Zog

Zog

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1647626486057.png


Think we talked about this a while ago about mcdonalds. First thing to go is eating out/fast food when the purse is pinched. Instead of Publix you might choose to go to Dollar General and that narrative has already happened.

Definitely see tech seeing much less demand going forward. Think they call it demand destruction.

1647626649560.png

What happened to your shorts man?

1647626709214.png


I dont want to talk about it.
 
Moglyzoke Moogleman

Moglyzoke Moogleman

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Zog said:
What happened to your shorts man?
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You use Webull right? I am done shorting on that app (and likely good on going short for a hot minute.)

Whenever I spot pump and dumps it always says "no shares available" so I end up shorting something stupid. Done with it.
 
Mist

Mist

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Zog said:
View attachment 403892

Think we talked about this a while ago about mcdonalds. First thing to go is eating out/fast food when the purse is pinched. Instead of Publix you might choose to go to Dollar General and that narrative has already happened.

Definitely see tech seeing much less demand going forward. Think they call it demand destruction.

View attachment 403893

What happened to your shorts man?

View attachment 403894

I dont want to talk about it.
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March and April are notoriously shit months for restaraunts. You get that mid February bump from v-day and then it's shit until May.

You can't just look at one year's worth of data, and you can't compare to the past 2 years either, so you need to look at average monthly restaurant spending from say 2013-2019 for comparison.
 
Zog

Zog

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Moglyzoke Moogleman said:
You use Webull right? I am done shorting on that app (and likely good on going short for a hot minute.)

Whenever I spot pump and dumps it always says "no shares available" so I end up shorting something stupid. Done with it.
Click to expand...

Honestly tho its not too bad, Options shenanigans today dictates price so I dont see this working out until next week.

Mist said:
March and April are notoriously shit months for restaraunts. You get that mid February bump from v-day and then it's shit until May.

You can't just look at one year's worth of data, and you can't compare to the past 2 years either, so you need to look at average monthly restaurant spending from say 2013-2019 for comparison.
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I just look at inflation, the real actual inflation not that 7% shit they put out. It's common sense that when necessities go up considerably, obviously that leaves less money for other things, if you want to save a bit, you need to reduce your luxuries, not much else can be cut out of the budget. If you really need a phone, you might just buy an older model or wait altogether.

Those who did get considerable raises transferring jobs obviously are on cloud 9 and will splurge with their newfound wealth but theres a large swath of people that are still working for under $15/hr all over that are stressed the fuck out.
 
Kiroy

Kiroy

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Zog said:
Honestly tho its not too bad, Options shenanigans today dictates price so I dont see this working out until next week.



I just look at inflation, the real actual inflation not that 7% shit they put out. It's common sense that when necessities go up considerably, obviously that leaves less money for other things, if you want to save a bit, you need to reduce your luxuries, not much else can be cut out of the budget. If you really need a phone, you might just buy an older model or wait altogether.

Those who did get considerable raises transferring jobs obviously are on cloud 9 and will splurge with their newfound wealth but theres a large swath of people that are still working for under $15/hr all over that are stressed the fuck out.
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according to mist there isnt inflation, only corporate greed
 
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