No sir.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
No sir.
There is something comforting about this in a sense...
I am speaking with fellows in my current gig field, and when I say to them that the markets are doing this or that, they look at me like I have ten heads. They are the epitome of obliviousness.
Whee.
For every one person that makes sense of it, there are ten that do not.
I know people now who were trading meme stocks and options literally trading nvda and other high flying options today.
Some guy I kmow who got in and slowly got out of the markets 2 yrs ago after the meme hype, is now back in. He is literally printing free money with nvda call options. He just put another on today for 1010 call I believe expiring next week. I told him you got this free money!!!
What did you tell him in Jan 2022?
You told him either nothing, or the same thing. Either way, he lost his shit.
You can just go THE FUCK three times up your bunghole with that nonsense.
You are like all the rest of the fakers around here. All is good when is good, but the losses from the past do not matter. To you all, 2022 did not happen.
Fuck off, mate.
.
I have been around well before the 2022 nonsense .....even at that time everything was the best ever until it wasn't. And the same thing will happen again, until then everything and anything is in party mode.
Tomorrow's jobs numbers will skyrocket the markets to another historic return even though some major companies announced after the close and all 3 stocks fell after hours.
Costco earnings were blah
Miss on revenue
Mrvl had a weak forecast
Avgo semiconductor solutions revenue missed...
So all 3 weak, yet tomorrow after jobs report stocks will rally again.
I wouldn't doubt if bitcoon tops 70k and nvda closes above 1000. ..
Gravy train is riding heavy on this market!!!!
Now such thing as fear and complacency is primed to perfection!!!
Costco earnings were blah
Miss on revenue
Mrvl had a weak forecast
Avgo semiconductor solutions revenue missed...
So all 3 weak, yet tomorrow after jobs report stocks will rally again.
I wouldn't doubt if bitcoon tops 70k and nvda closes above 1000. ..
Gravy train is riding heavy on this market!!!!
Now such thing as fear and complacency is primed to perfection!!!
Great. The SPX pattern completed this morning. The top is in and we will decline starting today/next week.
One can look at the 4 hour chart and see a clean controlled channel on SPX that just touched the upper limit. What a clean and obvious top. Now pull up the linear scale monthly on SPX and connect 2000 top to now. Do the same for Microsoft. Others. Nvidia just blew off this morning. And so on.
Still watching Bitcoin and Ethereum closely for signs of a reversal. More of a wild animal than stocks, obviously.
ZERO RISK IN THE S&P 500
It’s just a matter of time until the Essen Pee Five Hundred will be Risk Off. That time is now, today and going forward from here.
I’m very confident that the stock indexes will begin their decline now.
Those NVDA 0DTE puts today, wild. I gambled and boy did it pay off. Shocking from a perma bull, but I couldn't resist. Don't get many setups like that. I sold too early, but I had the feeling it was going to reverse today. Q's showing some weakness for a change. Will have to hold here and not V in the next 2 hours like it most likely will.
NVDA is done selling for the day. I bailed when it broke 900, but this 870s level (the 5ema) was this selloff pattern, it's nearly impossible to get much lower for the day.
Big IF (QQQ) can actually hold this area and not magically V like it always does, that 426 gap could be a real target. Shocking for me to say, but again it has to hold here and not V back to 441-442 etc.