OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[tupac003]

johnnyredstorm congratulations! Hope for a happy healthy baby.

Now....

Oh boy....

 

[tupac003]

This guy in our group plays spy everyday...and wins...everyday.

Here is his guidance for the day and I'll post his play.

@everyone good morning! SPY has been on quite the rally since 8am this morning and is heading for 342.20 like it's on a mission. On the shorter time frames we look a bit overbought so there could be some pullback before continuing higher today. Larger intervals show plenty of room to the upside if SPY can break 342.20. SPY PLAN: If SPY can break 341.80 I will go in with a 1/2 position on 345c for tomorrow's expy and will add another half (average up) if we can break 342.20 as well with targets at 343.37 and 344.16. If we open over 341.8 I will wait for 342.2 to break to take calls. If SPY loses 341.18 support I will take 338p w/ targets at 340.13 and 338.92. Good luck today! Trade smart, put some fun tickets in your account for the upcoming weekend! scalps https://www.tradingview.com/x/JXup8Bp5/

 

[tupac003]

@everyone BTO SPY 345c @ 1.05 9/11 (1/2 size)
@everyone you already know this, but we need 342.20 to break and hold.

 

[tupac003]

@everyone STC SPY 345c @ 1.2 (closing half)

 

[johnnyredstorm]

Grabbed back the 5 shares I sold in api. Market looks stronger so I’ll ride the wave a little higher here and let it work. saving rest of tm cash for snowflake.

 

[degenerate423]

Been dropping the ball this week on trading. Missed the morning dip on NVDA, so I’m probably done until tomorrow .

 

[johnnyredstorm]

Been dropping the ball this week on trading. Missed the morning dip on NVDA, so I’m probably done until tomorrow .

498 pivot yesterday was a great entry. Wish I just took some as a trade but at least my position is creeping toward break even. Finally break even on CRWD and TWLO again

 

[Bert.]

@everyone STC SPY 345c @ 1.2 (closing half)

does this mean cop?

 

[johnnyredstorm]

IPOB popping on rumor of buying Neuralink (musks newest company) grabbed 10 shares as a lotto

 

[tupac003]

does this mean cop?

Not any more. At that point it was good. I was driving to work when the alert came to get puts in spy. That's the only disadvantage for me sometimes. I'll miss alerts which is why I want to try to give you guys alerts but if I miss close alerts I would feel bad if yall lose money.

But If you see an alert BTO means buy to open, STC means sell to close. Alot of the alerts are scalps so mind your day trades.

 

[Bert.]

Not any more.

Welp, I copped and 5 min later everything tanked

 

[noskey]

IPOB popping on rumor of buying Neuralink (musks newest company) grabbed 10 shares as a lotto

Chamath buying Nerualink? I'll take a flyer on that. In for 10 also.

 

[tupac003]

Welp, I copped and 5 min later everything tanked

See...my bad man...if you see an alert that means I posted right when they did. He did say to watch resistance.

 

[johnnyredstorm]

Chamath buying Nerualink? I'll take a flyer on that. In for 10 also.

I hope it’s true lol if Neuralink pans out it’s a $1,000 stock. Military contracts, medical, **** could be the best and worst thing for humanity.

 

[noskey]

Also, in for this ****ing roller coaster looking day. Only hoping for CHWY to pop after earnings and PTON to do good things.

 

[Bert.]

See...my bad man...if you see an alert that means I posted right when they did. He did say to watch resistance.

nah you're good

appreciate you posting info

 

[noskey]

I hope it’s true lol if Neuralink pans out it’s a $1,000 stock. Military contracts, medical, **** could be the best and worst thing for humanity.

Does Thiel have any input/interest/anything at all to do with Neuralink? If yes, let's shift that to the "worst" side of things real quick.

 

[tupac003]

Bert. While driving he put out an alert about 335 put at 86. He just closed them at 1.60. I hate missing alerts while driving but you know gotta get to work. Off tomorrow so I'll try to keep everyone updated.

 

[johnnyredstorm]

Pton gonna either hit $100 and fade hard today or go to 120 after hours if subscription numbers are good

chewy should be fire. I should’ve grabbed some around the 58 pivot.

 

[noskey]

Guys, okay, let's take advantage of this NKLA bull****. They're a scam, obviously. They're down bigly today, but I dont think all the possible bad news has been accounted for. Right now they technically still have this pending partnership with GM. Those dip**** boomers in Detroit obviously didnt catch wind that NKLA was a scam at the same time as the rest of the world (months ago), but they have to know now. The GM legal team has to be looking for a way to backtrack right? So let's get in on this before GM pulls a France and cancels an upcoming partnership. Tiffany's stock stroked out yesterday after LVMH backtracked and called them useless... what will happen to a fraud company when a legacy Merican automaker backs out calling said fraud a complete fraud? Death.

This is the death of NKLA. 10/02 $30 put? 9/11 $35 put? What's y'alls ideas on this?

 

[johnnyredstorm]

Redfin motley fool pump

 

[lazyj10]

Thanks GM for the easy money - very happy to take a 25+% return on NKLA on what was a flyer when I was in the $30's.

Congrats @ johnnyredstorm your dedication to this thread in light of a newborn is 2nd to none.

529's been on my list but we're contemplating moving so I'm holding tight. Likely just doing Vanguard.

 

[johnnyredstorm]

Thanks man. She’s honestly an amazing baby so far so it’s been easy for now

 

[noskey]

Enjoy it. I've got a couple coworkers who thought the same thing. A month into each of their children being born they each looked like they might snap at any second

Congrats though, johnnyredstorm . Glad to see something good happening in this year

 

[tupac003]

Yikes...