6/16 Thread (BC):

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Oof gonna take a hit ST. What a terrible day to be a bear. Fed can keep trying to prop the market but eventually its gotta come down

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Zero chance it passes. Dems won’t give him something to rave about.

So I said 2920 target yesterday. We hit 2923.75 overnight on the /ES futures. At that time, the Fed announcement broke and created today’s rally. Expect to grind higher with the Fed’s additional backstop with a further correction at Q2 earnings. Let IV drop over next week or two and then look to reenter puts near S&P 3300. It should get a boost here and try to close the gap. Once that gap is closed, load up longer term shorts.

likeuplifting

Aug/Sep but I prefer Sep

Diamond top pattern on MSFT. Expecting it to turn to the downside within next few days. Could be worth a Friday lotto play.

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🙏 6/19 190p: got in at 1.15 and out at 1.9

Thinking about jumping right back into AAPL 8/21 320p

Quick ins and out today. Not holding anything overnight

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You think we continue green this week?

Yes

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BC are you still holding the UVXY calls?

No - see today’s thread.

What are you up to, BC?

Now

Spot on analysis for today’s action. Sitting tight tomorrow and possibly rest of the week. Shorting Friday or Monday if price action doesn’t suggest doing so earlier (claims data Thursday will be a driver as will covid news)

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Someone is retiring. 💎🖐✌️🚀

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crwd 4/17 $60 calls... you heard it here first

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