Another day born from hell, designed to frustrate — false starts and oddball endings repeat over and over again. I am not exactly churning myself to death — since I was +4% for the week — but I haven’t been crushing either. I am currently FLAT for the month and some fucked for faces will believe it to be a good thing since “the markets have been soooo hard.” Please. This market is like cottoned candy clown shows in comparison to what I’ve seen. Back in my days, when I was starting out, we’d get our brains blown out for breakfast on $1 spreads and make up for it by lunch, only to lose 15/16s in a market order near the bell. This version of the market is much more conducive to making coin.
Imagine being old enough to have traded Intel Warrants.
Going forward, Stocklabs will be launched officially next week. We are running beta trials now and if you’ve used Exodu in the past — trust me when I tell you you will be extremely surprised and pleased at the upgrade. We have improved the algos, created new ones, portfolio functions, price target analysis based off valuation data + earnings and sales estimates, volume tools that flag for rapid increases to let nothing escape your greedy claws and much much more.
You’ve been reading for a while, or at least many of you have. At a minimum you see with 21,000 posts deep that I am passionate about this shit — being the most prolific finance blogger this country has ever known. Stocklabs is second to none in terms of being a VERY PC trading room, a place to bring the family for a BBQ, wolf down a few hotted dogs and fuck off for the balance of the day drunk off wine coolers.
Ciao
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Back in my broker days I witnessed a colleague get completely wiped out being stubbornly short Intel Warrants. First time I saw an account go upside down.
Mr. Fly was born in the fires! The Robinhood traders are playing with nerf pads.
*wined coolers
Back in my broker days I witnessed a colleague get completely wiped out being stubbornly short Intel Warrants. First time I saw an account go upside down.
I have learned that the Pelican Room welcomes a little chaos every now and then.
It’ll be interesting and maybe a little fun. I’m looking forward to all the new ideas and expertise that new membership will undoubtedly bring.
A more crowded trade does not make it a ‘bad’ trade now does it?
You are a sweetheart.
Our funding (and facilitating with weapons and silence) the slaughter in Gaza is bad.
American Corporations would not be able to make money on rebuilding if they don’t first make money on the weapons of destruction.
What a gig.
https://www.forbes.com/sites/joewalsh/2021/05/20/biden-promises-to-help-gaza—and-israels-military—rebuild-after-11-days-of-fighting/?sh=5866ab025d08
Biden Promises To Help Gaza — And Israel’s Military — Rebuild
The United States will help Israel replenish its rocket interceptor system and send humanitarian aid to the Gaza Strip
Biden promised to help Israel replenish its Iron Dome missile defense system, which uses pricey guided interceptors to shoot down up to 90% of the homemade rockets Hamas and other Gaza-based militant groups have lobbed at cities in Israel over the years.
Remember the USS Liberty