What are you doing into this, if anything?
When I look at the action on the indices, I feel like I am being lied to.
Are you liquidating longs here?
Selling short?
Buying protection?
Getting long?
Fetal position?
Doggy-style?
Any comments from the gallery are appreciated here. I’m trying to decipher the pain trade right now.
Thanks much,
OA
If you enjoy the content at iBankCoin, please follow us on Twitter
I sold off a few tech run ups, FB, TWTR, Z (I think I am going to regret this one post Apple earnings) today. Bought a starter in RGLD
How pissed would you be if they all gapped up tomorrow?
very, but should have said sold down, still holding those, just much smaller
having sellers regret, I bought back some of the Z shares I sold
In which case you’d be pissed into a gap down tomorrow…
Holding..SINA,TWTR,AAPL,FEYE,ADHD
ridin the storm out
So a gap down would ruin your day tomorrow…
ruin?? nah…seen it before..bump in the road to higher highs!!
For those that are BIG on FEYE take a look at SPLK instead. Although i knew most of you are aware of the company, it is a security company that has ZERO competition and a 5-6 month waiting period just to get an app install unless you go through a 3rd party re-seller.. the stock doesn’t lose and the model is killer (as the company grows, they pay more for date but r locked in)
I think poor earnings from AAPL and a gap down would hurt a ton of people.
Unless they already liquidated into this.
I dont think the selling today was enough to scare enough people out. So many look at the broad indexes which aren’t down much. Also have to see what the Fed has in store Wed.
Just took $RUT 170s for fri ……..fade the fade
PUTZ or CALLS?
Calls
Good divergence here into the close. You may have a winner.
Sold one position and am holding the another. Also, bought small GDXJ.
very informative H5O
Went from net invested last Monday to net cash today. Still on 2-3 May positions. Watching SWIR, GOGO, X, and BOX long. UAL short.
I bought JDST and puts in SLW – looking for metals to defy logic here and cause suffering. I am looking at the market to go down this week and have not initiated anything other than the aforementioned positioning. i am holding some long call positions that I am holding in FB, VA and EXAS, two slightly in the money, one definitely far far away…..have some powder for later in the week.
Had several stops hit on my biotech holdings. Everything else is holding up relatively well. JDST is kind of disappointing right now but I’m still holding a small initial piece. I’m not buying anything down here but not selling anything either unless its biotech.
talk about a bone kill, started today up 1.7%, limping in at .4%
That pick on the front page was illustrating said BONE-KILL in my account too.
waiting, and holding i still think we trade up from here, good chance we rip 2moro, that being said i did not buy anything today either. HMMMMM
Too many negative 1000 Ticks. This may be slow death for next two weeks.
Which means that there was long liquidation in today’s price…which ALSO means that the pain trade is UP.
interesting
I am mostly fascinated with watching MDXG at thsi level. But earnings before open tomorrow.
Leave me alone OA, I already have a case of the yips
LOL, I am just kidding. I am really trying to figure out what the crowd is doing/thinking.
time for the AAPL freak show – everyone have their nickels ready?
Bought some IWM puts and booked them, put some QQQ puts on overnight. Sold some longs with profits in hot sectors (BLOX, SPLK), put on WBAI calls. Still pretty long with hedge now. More selling hurts more participants IMO.
We also had our first close below the uptrending support in the Russell dating back to Oct 2014. Volume was pretty decent. We should at least consolidate for a few weeks.
gap DOWN tomorrow would be painful for me…well, not really painful, I’m position sized, but to answer your 1st question, YES, but I prefer not having them cut off. Currently subscribed to the book of DANG, BITA, CRM, GMCR
Holding with stops in place. Don’t expect any major buying before the Fed meeting.
Don’t trust market …went to mostly cash …in summer 1997.
Dude. Epic. Not sure what has to happen here to piss you off…lol.
Hah, that’s funny purdy.
Bought dips in GBX and VA. Likely too early.
Out of $BTE and $MOMO for gains. Holding onto everything else, good buddy. The sky isn’t falling in my universe.
Thanks for MOMO OA… took awhile to get there but booked gains. You’re that dude!
I honestly don’t know right now. What I do know is that every nice winning streak turns into pressing bigger bets, and my entire stable of trades go 0 on me and I blow a hole in the account. Friday was that feeling for me. I got out of YY this morning, and stopped myself from taking positions. It felt I was about to repeat the usual, so I am paused for the moment.
Same here, matt. A great two weeks. Sell the pops, don’t get cute. Rinse and repeat. Would like a pullback on a number of prospects. If we get two or three days back, there will be a number of great setups in play. Lightened my load considerably the last three trading days.
Break the style and limit positions.
PM doesn’t mean a great deal , however , MGM IMO looks to make a very strong run into and more importantly post earnings .
decoupling from Macau news should move this one to 24 by May week 2 expiry
Can’t bode well when burritos and bioteach are down together.
this action in VA is peculiar. The stake holders remove their sell offer on friday….then analyst gives big downgrade from Buy straight to Sell. Wonder if this is monkeying around before a big move up?
If VA can do what JBLU just did I’d be very pleased
OA,
Did you see buyers emphatically show up for $SUNE?
I haven’t looked at that chart in at least a month.
Was it exciting?
Picked up some $AAPL weeklies on the dip.