Search results

The SEC is a joke. They will do nothing as usual. I'm sure Gensler will prosecute his future employers. Get real. What is the AG doing beside twiddling his thumbs. Hard to believe that an AG from the Reagan era (Rudy Giuliani) did the most to get rid of malfeasance.

Cramer's understanding of short term market sentiment is incredible. If you watch the opening of Mad Money he has great insight about the day's trading. He is almost always right about why & what moved markets that day. He also sometimes on Squawk On The Street and has good insights about macro...

Business Insider was always a yellow journalism rag since day one. I remember reading it during the GFC and all they printed was rumors about Wall Street firms. No surprise since it was started by that scum bag "Analyst" who pumped every worthless dot bomb in 1999-2000.

Looks like the mood has changed on the negative infinity PE stocks. Large cap is under performing the QQQ. If the inflation numbers come in under the estimates I assume the hyper growth trade is back on. AFRM & SQ did well today but PYPL is still a dog with fleas.

Fintech stocks are dead. Too much competition among themselves. Better odds for tanking but I was surprised how much a POS like Peloton came back from the dead so who knows.

Looks like its going to $100 pretty soon. Some support there from 2019. At this rate looks like it will go to $82 like it did in March 2020. I should have kept my $150 puts instead of selling them at the open last week (2/2/22).

So you bought at $160 right at the time the markets decided to sell all high P/E stocks. This stock has $60 million in trailing yearly EBITDA and has a market cap of $4.5 billion. I'm surprised it stopped falling at $81. At least the 50-day SMA is right around the corner at $113. That's your...

Interesting that the equity markets didn't like the jobs data but BTC, ETH, etc. loved it. I guess the data was good news for the economy (vs. the ADP report which said 300K jobs were lost). ETH really skyrocketed (up +17%). These huge rallies are sometimes representative of bear market...

Is using the VIX as a signal to buy protection in your portfolio viable? I use deep out of the money puts as tail risk, however I noticed when the VIX becomes a buy using short-term TA that seems a good way to by pass buying protection all the time. Of course this depends on the market not...

What a disaster of a report. $132 and falling like a brick. It was $125 right before the pandemic. Looks like it will be there pretty soon. Doesn't bode well for the other fintech plays.

That was an amazing move. Lightning in a bottle. This stock goes nowhere between earnings report. FDX is easier to trade.

This usually means the move is over unless it is Enron, WorldCom, etc. Journalists who write for the retail crowd are reacting to a trend started long ago. The charts have been screaming sell for a long time. I remember I read a book on shorting in the early 2000s -- I think it was called How...

Some good ideas for tail risk hedging in this thread. I personally use 5% out of the money SPY monthly puts.

I'm pretty sure the only reason Macy's is up is because Kohl's got a buy out offer. Stocks with real earnings won't do too badly.

There is just relentless selling on the NQ. Better hope the TSLA & AAPL reports are okay or NQ will be in a bear market this week (-20%).

Amazingly its only 10% above the pre-Covid highs. There's a lot of support at $60. Below that comes $33 at the March 2020 lows.

If it is a real bear market with no support it is going to 10.5-14K if the previous collapses hold true. Probably sub-20K is worth buying. I'm still holding my BITO puts until I see a reason to sell.

Reminds me of the early 2000s when the dollar was declining, Mrs. Tom Brady wanted her salary in Euros because she claimed the dollar would soon be worthless. Celebrity knowledge rivals journalists knowledge of financial markets. Its like when journalists talk about a market move it is already...

Right. I meant they make a lot of money since they charge such a high commission to buy/sell cryptos. Eventually the commission will go to zero with competition just like it did with stock trading. Then they will just be another low margin financial. I still believe unless COIN becomes like ICE...

I still think Sunday is the key. If it doesn't tank immediately at the open, the selling might be over. The only problem is the Asian & especially the European bourses are surely going to tank at the open.