Well, the super moon last night was a lock for investors to decide to sell their stocks I was told. Struggling to understand why we’re going higher this morning.
We’re running out of October days before its time to get bullish again. It seems the volatility is gone yet again, and the ultimate pain trade here into year end is for stocks to grind out the year – which seems to be exactly what they’ll do here.
Imagine that. You had a chance to salvage a shitty year, yet you waited – totally frozen. Now you have no fast price action to chase.
I see nothing on my screens yet that I like, but I am sure that will change in an hour. Only watching $BITA, $AMBA, $GMCR for now.
I need an awesome set-up. What are you watching?
More later,
OA
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JE$US @WallStJesus ·
$IWM WKLY CALLS ACTIVE
callate puta
top tick!
OA, what would be your stop on UWTI? Holding by the fingernails here. Thanks:)
What’s your basis?
9.25 and wondering how many days this thing can keep splattering down.
Hate to say it but anyone holding UWTI deserves what they are getting. Why on earth someone would try to trade oil on the long side is a real head scratch. Oil has been a short the bounces play for a very long time and the trend is down. $20 oil,coming to a theater near you in due time. Get out of UWTI and buy a lotto ticket instead. You will have better odds of making some money.
Yeah, people take the oil trade very personal. Almost like a personal attack around here.
No it’s just that I could not see how in the heck someone could see a bullish setup in oil over the past coup,e of weeks. Nothing I saw even remotely suggested that. I must be looking at better charts is all.
Maybe you have a superior skill set. Have you ever considered going pro?
Such a POS but $ZNGA may have a chance to make a run.
$PYPL
earnings right around the corner
$LUNA obvs
I like GNW and SDRL…
And I’m tempted by the bull flags in ABX,CLF and MCPIQ
KOL is at an interesting spot here as well.
It’s not the moon this time – it’s that planets are aligning. I can see them at this very moment, out my window, just past all the red on my screen.
$CALA
pair trade: long BX, short GS?
I may be biased as a parent of a two year old & two week old, but I am taking a gander at $CRI. Debating whether this is a spot of support to start something or I can wait it out for $81.00-82.50 range.
ADBE
JMEI…though this is one stock that always disappoints me in the end.
Watching for the next leg up on gold. Ready to pull the trigger on Gold short.
Patiently waiting..