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1/26 Thread (General):
Yi haww 🏇🚀
9/15 Thread (BC):
Just got nokia this morning...
Any thoughts on Iron Condors on DOCU?
4/14 Thread (General):
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SoFi and PLTR look intriguing
Mentor
Take a chance on it if you’re willing. There is more meme following in the name than money managers
Mentor
Finally XLE takes a breather!
Subject Expert
If NDX finishes the week down after the earnings MSFT and AAPL had, we’re probably not seeing new ATH for a while.
Subject Expert
SF1, we could get green weekly next week, but a 10% rally seems very unlikely.
On the weekly chart the candle looks like a hammer and cold be bullish. We also have decent implied volatility premiums this. Add in month end close on Monday and you have some decent tailwinds.
On the other hand, VIX is still elevated and the VIX futures curve is flat FEB to MAR and backwardated after that. Today had the lowest volume since last Thursday.
Mentor
Green Friday followed by Red Monday to green Tuesday, Wednesday for relief rally
Coach
I agree 100% with this. I’ve looked at past data around first week of Feb and the probability is on our side. Plus it’ll be a new month Tuesday, it’s like everyone will forget.
I’m assuming markets open deep red Monday and climb there way up to green. Or if they open green, it will pullback.
Feeling like MM will try to shake some people out of trades before reaping the rewards Tuesday
Mentor
Lots of my covered calls got called with that EOD move. Didn’t expect thing to flip green so fast. Bought some back in after hours for exposure Monday if we gap up.
Mentor
Limit buy just in case is a good idea thanks. I should have done that..
Mentor
I guess I missed when AMD crashed from 164 to 100. I hope no one bought in during those ridiculous 140 price points for the long term.
Mentor
I don’t know. AMD usually has bullish ERs with strong moves, but with high expectations, they have many of the same supply chain risks as INTC because TSM is going to hike prices on them. I don’t think they’ll move up much on a beat unless they put forth a strong guidance.
But I’ve been wrong all week so don’t use my analysis to make your trading decisions.
I kept myself busy today by shorting . However in the second half of the day, they became all negative.