He's made some.good calls. Everyone has good amd.bad ones. Nature of the game just be ready to cut the bad ones. I agree with labu and uwti in larger downtrend. The xbi hit touching what I saw as pivots so I was trading it to the upside
I missed the better down swing with labd so figured I could catch some upside and for the past little while it's been so volatile that both sides see 10% swings intraday. The safer bet wild be trading the downswing in labd. Don't now why I play the other side. Maybe the psychological effect of trading a $6 stock versus one that is closer to 60 lol.
If u go to the game you gotta post a note on the board lol
Above snp 1900 (bear need to cover) , over 1920 ( up trend is underway)..
Below 1900 (down trend is underway, it will zigzag until 1850 is broken) , target 1776 ( as low as 1730)..
as for gold .. Bull market is underway..
Yep... But i am leaning toward the downside, cuz the fed doesnt backup the market anymore..
Clearly you have no idea what you're talking about. Spx is down 12% from the top. On the other hand uvxy has nothing to do with spx
The few sure bet big name "safe growth " stocks cracked and were hit. Alphabet, Facebook, Netflix, you know the rest. S&P closed at first "support level" 1880, after breaking below the 1900 psychological number.
Mom and Pop and 401K mutual fund holders still want out of the market. Transferring to Govt. bond funds as evidenced by Treasury yields dropping daily. Next S&P support looks around 1850-60 but only minor. Real support is a test of 1812 . Then a break down to 1780 -90 area. What does that mean for UVXY ? Depends on how fast it happens. This move for UVXY looks 50 next week and 60 soon. Could spike higher depending on momentum. JMO
Don't remind me. I was looking at puts in the 155 area then I was like lightening doesn't strike twice. Ended up buying DECK puts. I also looked at LGF and passed on that. All week I was buying out of the money puts without hitting.
LOL...I like Eli more but Peyton has to wrap it up this year. Win or lose he is done. If Denver wins it will be because of the great D they got.
Another of his classic calls. Your a pure tech guy. chart any of IDIIOT's calls esp URTY. He would screw up a perfectly good wet dream. See that's where I get screwed up with you. I look at LABU?UWTI and I see a downtrend. And GDX is approaching 18 which is where it has falied in the past for yrs. Unless a full blown currency way starts DUST could ve a nice return. If it doesn't run soon it will reverse split as it was the only one long or short that didn;t. I promise I will do whatever I have to get those signs on the air. If I do it will be brilliant.
You and the rest of the world seems to think so. I am taking the bronco;s and the pts as the spread has grown daily. Like to see Peyton out on top since he will probably me a hunch back in less than a decade with a new hip to go with the back and neck.
you should never trade what you don't understand
Based on today, this would maybe hit 52 in that scenario? WHat a joke. I am not sure it will ever get back up to 100.
You could have bought yesterday for .04 the LNKD February 5 140 put options.
The instinsic value is over $31.60 at close
That's 790 times your money.
$100 into $79000
$1000 into $790,000
$10000 into $7,900,000.00
LOL I will be warching for that. Gold right there. Put in URTY in there too.
Rich u know I avoid this argument non sense but dude that is funny right there
They might make a faint pop but other than goog and fb I will continue pressing. Read ART of WAR bro. Sometimes wars are won long before a bullet is ever fired. Watching US vs Canada in a friendly soccer match with my son. Good chance we might go to the bowl Sunday. If we do I will shoot you a note. I will hold up a sign with ETF n RICHO's name and my son will hold up a sign with NOT within a ghostbusters circle. I am counting on the girls I will take to get us on the board. Time to teach that stalking little HOLE a lesson on LIVE TV. Only a billion people will wonder who is the IDIOT they are referring to.
VOL is great for day trading but I kinda agree with ya. I feel like the 3x bears are showing better returns its just a matter of which ones to play. If the bios break down I will start to grab a swing in LABD although they are a beaten down sector already but there is always money to be made.
I took a look at TSLA today it's breaking down from the range it has been in since late 2013/early 2014. I wish I payed more attention to it. Would have made for a sweet short. You were right about the momentum stocks today. Man they all took a heck of a beating