iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

FOMO RECOGNITION

Based on market participant positioning this year, Merriam Webster thought it would be funny to add “FOMO” to the dictionary.

When we trade to ATH’s, they told me that they’d add FIMO too.

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25 comments

  1. UncleBuccs

    OA – MUR, MRO, HES all flagging overbought on the Oscillator, and on the sentiment cycle, due for an Aversion move. Would you consider puts in any of these guys or similar names?

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    • UncleBuccs

      OA – I just saw your reply. Thanks. These blog posts not appearing in chronological order absolutely drives me NUTS!!!!!!

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  2. Jersey whale

    Prince died

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  3. kidstockibc

    Covered GM short…bought BAC

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    • jewishmantis

      Bought weekly puts on BAC for a small trade. Basically put 1/4 of the nice win from BAC calls

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  4. bchu

    dam Webster! they’ve marked the top

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  5. kidstockibc

    About time for the sellers to chop another $20 off of gold contract

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    • kidstockibc

      Fear trades are coming off (TLT, GLD) yet major indexes are trading near lows of the day. The teflon Nasdaq is absorbing the supply and strength in the financials is good omen for the bulls.

      What is the pain trade?

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      • Option Addict

        Flat tomorrow and make them pick a side into next week.

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      • greenlander1

        Kid, you holding your DIA puts? Little weirded out by QQQ strength and march down tape so just closed shorts.

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        • greenlander1

          long QQQ a/h, pretty nice tight consolidation so far on 30 min chart

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        • kidstockibc

          Yes, I own DIA May 178 Puts. MSFT bust will help the cause tomorrow.

          Market has limited support now that our non-shellfish eating friends have checked out for Passover and the retail guys cashed out their winnings to pay the tax man this week.

          Thesis thru Brexit deadline: Fade rallies — chase gaps lower.

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  6. kidstockibc

    I love two way markets…something for everyone

    BOT SQ

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  7. Jon v

    The old random selloff in MTCH. This stock is beginning to piss me off. Getting me interested in trading it, probably right before it makes a big move.

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  8. purdy

    You are now immortal.

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  9. thegametheorist

    not kidding on the FOMO…. priceless

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