Stock & Crypto Thread

[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







In the end it’s always truth, justice and the American way. Buy low sell high. You can also sell high and buy low if your credits good.

[JBB2]

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

[JBB2]

Hey Kevin, looks like the puts are hitting this morning.

[kevin]

it's so easy it's almost stupid at this point.

[JBB2]

What a reversal. Heavy volume poured in adding conviction to the afternoon rally.

[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.

[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.



CVX goes X-date in mid May. At these prices it is paying a little over 5% and near 52 week lows.

[kevin]

spy continues climbing today.

u know what to do.

[JBB2]

They are following

[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.