Bear thesis looks fkd for tomorrow

vanzandt said:
This came out at 5:05 eastern, and look at all the charts, they all dropped with it right when it came out...

Since we issued guidance on April 21, 2022, the macroeconomic environment has deteriorated further and faster than anticipated...


We remain excited about the long-term opportunity to grow our business. Our community continues to grow, and we continue to see strong engagement across Snapchat, and continue to see significant opportunities to grow our average revenue per user over the long term.
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It amazes me that a statement like that could cause all future indices to drop, considering the company that said it. Snap chat? Really? A photo-chat social media thingy?

Something else is behind the drop that we do not see. They are not Target/Walmart combined.
 
Overnight said:
It amazes me that a statement like that could cause all future indices to drop, considering the company that said it. Snap chat? Really? A photo-chat social media thingy?

Something else is behind the drop that we do not see. They are not Target/Walmart combined.
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pssss....words on the street is monkey pox...who knows?
 
vincentnyc said:
today 5/23/22 is my first time in a very long time buying and holding uvxy overnight for going long. it is a small holding...we will see what tomorrow will bring...
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I lost alot holding inverses over the weekend.

Futs down so I rebought 400 uvxy plus some sqqq etc
 
Jzwu2017 said:
If you shorted NQ you can get out now and take the profit. Nobody knows what’s gonna happen tomorrow.
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my broker td ameritrade let me sell sell uvxy after hour until 8 pm est tonight. so far i'm up 2.52% after hour. your broker must sux if can't trade after hour or premarket hour for uvxy.
 
vincentnyc said:
my broker td ameritrade let me sell sell uvxy after hour until 8 pm est tonight. so far i'm up 2.52% after hour. your broker must sux if can't trade after hour or premarket hour for uvxy.
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Tru.. I bought 300 uvxy at the close and just bot 100ah. I'm on the fence re buying more, uvxy under 18-21 is a bargain, but it's volatile.
 
Overnight said:
It amazes me that a statement like that could cause all future indices to drop, considering the company that said it. Snap chat? Really? A photo-chat social media thingy?

Something else is behind the drop that we do not see. They are not Target/Walmart combined.
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I agree. Unless the whale algos were planning to tank things tomorrow anyway. That would really surprise me though. That close was strong. Not just the $ amount, the strength of the incoming volume on every little dip in the last 50 minutes.
I dunno. Like I said, 11835 should hold. But I could be wrong.
 
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