Stock & Crypto Thread

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Re: Stock & Crypto Thread

Post by JBB2 »

Capitalist markets might be working against those puts this morning

The correction hit 20%~ in about 30 days. It has made a strong move up since then. I don’t know what Maverick is saying but it looks bullish to me
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Re: Stock & Crypto Thread

Post by JBB2 »

Tesla is trading up in pre market, now fully recovered from the 30%~ correction

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Re: Stock & Crypto Thread

Post by JBB2 »

Hey Kevin, looks like the puts are hitting this morning.
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Re: Stock & Crypto Thread

Post by kevin »

it's so easy it's almost stupid at this point.
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Re: Stock & Crypto Thread

Post by JBB2 »

What a reversal. Heavy volume poured in adding conviction to the afternoon rally.
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Re: Stock & Crypto Thread

Post by kevin »

Close to Put Season again. We shall see.

Buy the rumor (India attacking pakistan this weekend) sell the news (the fallout on monday) tomorrow.
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Re: Stock & Crypto Thread

Post by JBB2 »

Big oil is on a crazy ride this morning. 134 might be a good bottom. Profits from the sharp morning rally will be gone. Fundamental weakness is pulling down hard though.
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CVX goes X-date in mid May. At these prices it is paying a little over 5% and near 52 week lows.
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Re: Stock & Crypto Thread

Post by kevin »

spy continues climbing today.

u know what to do.
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Re: Stock & Crypto Thread

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They are following
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Re: Stock & Crypto Thread

Post by JBB2 »

Big oil finished a wild ride. The pattern - sharp draw down followed by recovery - repeated in a diminishing magnitude (higher lows, level highs) on a sharp upward trajectory until it faded-out consolidating in the afternoon. around the top of the first peak. it was a tradable pattern if you could see it coming.
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