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What a week! Thanks OFG, you're the best indicator out there!
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Fake pump closing at usual. sell off at opening. No reason to buy.
1
bears paying off my penthouse in Dubai it seems friends.
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revisit 3840 to fill the gap (5min) and then go to 4090 to close the daily gap?
2
Yes. 3840 next. Current price is rigged by market. Not the actual valuation
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Bard Slayerkids like you do not belong. Market is not rigged
2
Been at work all day.. now i get to post news and updates to the peeps :)
2
Doomer = Realist
1
Totally. Like mentioned below, nobody WANTS the market to tank. But it is simply too high at current interest rates. And if rates are going to drop big, then you are going to have crazy inflation again. Reality may be a hard pill to swallow, but lying and deluding others, or simply being blissfully ignorant are all recipes for disaster.
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Parma Tard kid been calling realists doomers while getting smoked for 15 months now....LOL.
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looks like the doomers and gloomers are still around..like OFG say they need to be deleted lol..have a good weekend .. get out of the basement lol
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Haha. Its the same fail drama here since 2015 when the shadow and a few others pushed insane bearish agendas
2
Default swaps going bananas these last few lol
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What happens when CRE price discovery vanishes into vacuum? We’ve no idea how to quantify downside.“The cost to protect debt of Lincoln National, MetLife & Prudential Financial from default jumped Friday as concerns about financial-sector stability weighed on insurance firms.
0
Perfect storm.. debt ceiling drama will rear its ugly head right when too big to fail banks start to imploding
$NVDA revenue Q1 2022: $8.30B$NVDA revenue Q4 2022: $6.05BThis is not a growth story.At PE 156, it isn't a value story either.And it's WAYYYY overextended.And the CEO is a scammer.
0
That stock price is nuts. A testiment to just how big the everything super bubble is.
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The FDIC has already blown through most of its $128B reserve.The debt ceiling prevents expansion of the FDIC.The government will shut down over the debt ceiling right when the banking crisis hits, critically delaying any emergency response.
Yeah, and Janet stepped back on her warning that everyone is insured to calm the markets. The short termism of these officials is eye opening. Just like the words contained, transitory and safe are. Such words give everyone a false sense of safety with a high cost in the long run.
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*not insured
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Just held on today to not give money to both 3900 puts and 4000 calls.. Game resumes next week and this will go down to 3850 on Monday itself
2
will be going up on Monday and possibly Tuesday, then down
1
Big banks aren't at material risk.....Ugh ok...then the 'market' is wrong......LOL.
John Richardsonyou are arguing with the gloomers who think market is somehow should be where they think it should be..oh not to mention armchair fed board members lol
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Perma NeutralWhy gloomers? Nobody wants the market to tank but on a valuation basis it is too high. It is that simple. Unless rates go back down to zero, which would probably reign in more inflation, then that is the fact. Otherwise the returns on stocks are going to be poor for a while. If you dont know that, like 90% of people in markets these days who have never seen more than a very brief bear crash in early 2020 then you ought to avoid markets. Never mind that stocks like NVDA have ridiculous prices that as sure as the sun comes up with come down to earth. That is a whole other can of worms.
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Parma Tard kid.......How much have you lost over the last 15-18 months?...LOL.
0
Biden needs your vote. He dropped 7 points to 38%. please help this great president
2
Until Apple crashes below 146, this is not going down regardless of all the bad data coming out. Compare the charts on AAPL and S&P monthly and weekly timeframes, eerly similiar.
What I mean is, be careful what you take as a canary in the coal mine. APPL or anything, for that matter, may not be as reliable as you think it is.
0
indeed, big cap tech makes up a hefty chunk of s&p, as we all know. Russel feels like this 'flight to safety' getting long in the tooth. Russel 2000 made a lower low today, obviously a big buy indicator, but then again, everything is a buy indicator to the bull happy crowd. Get yur red hots! as American as apple pie and stock speculation by public.
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david, apple is the market, so heavily weighted, but it's a bellweather and unless that AAPL is sold off then the public is not going to redeem their mutual funds, which means the market can't crack lower by big amounts until 146 is broken, that would explain there is some real sellers out there, i am gonna agree with you on your statement, but there's this ''travel'' range going on, and the market had another up week after 5 more days or trading compared to the previous week also doing that too, but a break below would set off the sell bells, until then it's a semi-wide travel range and that is anticipated, and if i had to guess you'll sell your longs at that target you mentioned and likely go short, to me that just says wide range trade swings... my real question to you is what number to the upside that has to break to be a continue to hold the longs bull market that would be above your target long bail point, cuz that's the one that can trick us... pretty good question don't ya think?... see ya sunday night or monday morning... model is short with a turn to long pending on certain indicators but i suspect it will go long if the market doesn't drop hardly at all monday, but lately the model is stuggling cuz its more of a wider swing trade set of data... have a good weekend
0
Look at that fing 1D chart. Yea, no government buying there. NOPE
0
seriously, hope all of you took screenshots of this crazy fraud
0
ChatGPT said it's over. Like for real this time.
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ChatGPT has serious probleam with basic calculation- Just saying
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And unfortunately, no one in retail can really profit off the free money because they have not been trained or prepared, but losing money is worse than not collecting the free money
3
Largest deposit outflow at US banks ever in a week. Now you know why they pumped the sht out of this.
0
I actually took a future after option settle to collect these remaining 10pts because MMs were forced to buy, its just free money, every move is easy and free money since MMs are in a hole
2
Seems a risky move, back in 2020 when market was in freefall, i saw s&p have a green day at 3pm close only to dump 100 points in 1 hour from 3 to 4 pm
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all my short vertical spreads expired OTM. another successful week selling premium then hedging exposure
0
Easy day for me, but as ive said, this is my time. Youd be much better off waiting until June to trafe much, we’ll all be on vacation and you can go back to pure algos - but you wont, check your accoint today, then take a look in June if you keep trading this