Traders Cooperative

[Wishthiswasmyjob]

Right here / Right Now -
Great opportunity to start scaling into the short ETF's -
SPXS at 5.87
SQQQ at 28.74
and FNGD at 11.94

Buy 50% here and wait -
Then when a top is confirmed, not only add the remaining 50%, but
also then going with the puts on the QQQ and IWM.

[Wishthiswasmyjob]

What a complete insult -
Democrats, like Rep D Dingell, coming out and saying,
"We need to reach agreements which put Americans first."

After 4 years of the Dems, the leftists, shitting on the citizens and the Constitution -
They act like we don't comprehend what is occurring.
FUKKEN ASSHOLES.
They try to push through a monster bill, full of shit -
Big raises for themselves, blanket immunity from investigations, pork projects, more big money to Ukraine, etc...
These criminals try to push through a 1,000+ page document and only give other Rep's 48 hours to read it.
It's all grandstanding, just like the J6 committee, making decisions, then destroying their records.
Worst admin ever and most corrupt setup ever.

And every inch of the way, they keep whining and complaining that
others are demanding accountability, efficiency, and responsibility.
They are fully aware of all the criminal actions already done.

It's an insult that they even utter a word, after dementia Joe issued a blanket pardon
for his crackhead son.

[Wishthiswasmyjob]

just bought a couple of
the Feb 21st QQQ puts -
the 540's at 18.05
Portion buy and will watch to add.

I don't even want to look at these for a week or more -
these carry into any solid selling in early January that the market may see -
to grab gains and not pay taxes for 16 months.
Or uncertainties occurring with the new admin.

[Wishthiswasmyjob]

It's truly astonishing that
Biden has pardoned his son - a blanket pardon.
It shows the level of corruption and criminal actions.
And now we're seeing possible pardons for others - pre-emptive pardons??
For those everyone knows have lied and been the root of criminal actions -
Fauci, Hillary, Mayorkas, etc...
Are you kidding me?!?!
Here we have dementia Joe, just signing sheets - his cognitive abilities have been gone for 2+ years.
the swamp and criminals running the show -
And others think Trump is a threat?!?!
Unbelievable - morons - naive - believing the main stream media -
Pathetic.
We are already in a recession - a hard one - when we take away the gov't spending and hiring -
Last thing this country needs is bigger gov't.

[Wishthiswasmyjob]

here and now, the SPY Not
bouncing off 603.
bad sign - even a small amount of overhead supply here can create solid downward pressure -
especially on a Friday when many will want to get back to cash.

terrible looking candles getting set up everywhere, here and now.

[Wishthiswasmyjob]

Right here and right now -
on the 15 minute candle charts, we have
solid downward channels formed on IWM, RSP, and MDY -
While the SPY and QQQ are still holding upward channels -
The reason for the difference?
Everyone has crowded into the darling stocks, which put in a topping doji today - FNGU -
Recipe for disaster - It would not shock me to see a solid red Friday -

[Wishthiswasmyjob]

It's coming and It'll be great!!
The Trump presidency -
Gaetz will be a sledgehammer -
I truly hope he goes after all the pieces of feces,
Mayorkas - send him back to Cuba - to Guantanamo -
Schiff - Strzok - Brennan - Holder - even the Biden crime family - Blinken -
Pelosi for the Jan 6th fiasco -
Hillary for the Steele dossier -
and even Obama for spying - and the FISA court lies.
and so many others -
It's not shocking they are already scrambling for lawyers.
It's over, they're toast, and they know it -
Time to take care of the corrupt swamp.
America is so tired of the weaponized agencies and others in DC acting so untouchable.
The Federal gov't should NEVER have gotten this large -
It's outrageous.

[Wishthiswasmyjob]

So many Bulls now trapped and
Completely dis-oriented...
"Where's our bounce? This isn't normal."
the next 12 months will be grueling -
It'll be about good timing and shorting the spikes -
It's going to take solid devastation to get the Bulls to figure it out.
FORGET BEING LONG. IT'S OVER.
The only thing that's been holding everything up has been
Government irresponsible overspending. It's going away.

The only thing I trust being long here is the miners -
With all we see on the global econ picture - the debt - the fiat currencies -
It's going to be about the TANGIBLE ASSETS.
Excellent dip to buy into on the miners -
GDXU at 31.80 might be about the best buy out there.
You know - those with their raw material and their finished good rising in value -
What better scenerio could there be.

[Wishthiswasmyjob]

QQQ under 496 and so
the Nov 15th puts that I recommended,
the 515's at under 6 bucks....
Helluva return.

[Wishthiswasmyjob]

Excellent point, Right here, Right now,
To start buying into the GDX calls
the Jan 17th 34 calls are at 2.65
with the current price of GDX at 35.48

Time to really start watching the miners, GDX, GDXJ, SIL and SILJ.
Plenty of solid, very undervalued miners -
FNV, AEM, GFI, WFM, AGI, KGC, SSRM, HMY, EXK, CCJ,

[oleskool]

sitting quiet ..... $MEIL

https://www.otcmarkets.com/stock/MEIL/news/Methes-MEIL-Introduces-BiodegradableBio-based-High-Performance---High-Oleic-Hydraulic-Fluids?id=457386

[Wishthiswasmyjob]

added a few QQQ puts here -
the Nov 15th QQQ 515 puts at 5.80
before the Fed info -
I don't think the Bulls realize how vulnerable they are here.
So T won....
does that mean everything is fixed?
Shiller PE at 38, monstrous debt, Inflation is a juggernaut, caused by gov't spending,
Discretionary income of both individuals and companies has been devastated -
Market acting like a bull just started -
Gold continuing to be strong, like there's a global currency issue still brewing -
Oil dropping like inflation is tamed and we're in a recession -
Treasury yields falling and sounding alarms...
KRE is an item to watch here - solid red today - the regional banks know how insane the situation is.

[Wishthiswasmyjob]

Couldn't help it -
just grabbed a couple of puts here -
IWM Nov 15th 240's at 5.55
and looking to build a position

[Wishthiswasmyjob]

Let the charts develop and play out here -
when I look at IWM and the QQQ here,
I have seen bottle rockets which act "more stable",
but there's no need to jump right in.
Let the irrationality develop and mature.
IWM and QQQ will be great shorts,
GDX and GDXJ will be great longs.

[Wishthiswasmyjob]

Wow... The amount of deranged chatter
and posts saying all chaos will begin is astounding.
No need to even go into specifics.
Soo much fear mongering being pushed already by the Left -

[Wishthiswasmyjob]

Ukraine has been in a war for over a decade -
Since the US overthrew an elected gov't - because they were working with Putin -
Just like Syria, before the US destroyed it - over the pipeline and who would control oil to Europe.
Biden's second day in office he put US boots back on the ground, back in Syria.
Why do we do that? Why did we put bio labs and military into Ukraine and run military operations on Putin's border?
Victoria Nuland admitted that, because she was under oath.
Eastern Ukraine wanted to be working with Russia, so we funded a civil war, western Ukraine attacking eastern Ukraine -
and it's well known the whole thing has been a financial laundromat -
Do we want to talk about Burisma and Hunter the genius on their board?
Maybe Hunter's laptop and how 51 experts said it was Russia -
Talk about blatant election interference.
Maybe Nordstream -
Maybe the Afghan pullout, that was purposely botched, in order to leave billions of weapons in the hands of radicals -
to ensure a never ending war.
So many other instances of this administration killing this nation.
None of this has been by accident.
Do we even have a POTUS here and now?
They all knew he was gone a couple of years ago - we all know it.

[Wishthiswasmyjob]

Election is tomorrow -
At this time, we have huge gov't, and outrageous spending, holding it all up -
Soon it will end,
If Kamala wins, we continue on the path of the last 3 years - destroying the nation.
If Trump wins, the "powers that be" will do everything they can to destroy the nation and blame it on him.
Either way, I see the market is done / topped....
And the next 2 years will be brutal.
I will be looking to be short, or strategic buys of puts on spikes,
and grabbing huge profits, step by step.
Shiller PE at 37 is unsustainable -
Debt loads crushing everything -
Open border destroying everything -
So many other items - we don't even bother to try to form a balanced budget anymore.
Insanity.
It's sad that many can't see that the elite are putting the majority into poverty,
because they're easier to control.

[Wishthiswasmyjob]

It's astonishing that so many
would rather listen to the biased media narratives,
than to simply go back to actual quotes.

“You know they’re all war hawks when they’re sitting in Washington in a nice building saying, oh gee, well let’s send 10,000 troops right into the mouth of the enemy,” Trump said.
The former president continued: “She’s a radical war hawk. Let’s put her with the rifle standing there with nine barrels shooting at her. OK, let’s see how she feels about it. You know, when the guns are trained on her face."

https://www.pbs.org/newshour/politics/trump-says-liz-cheney-might-not-be-such-a-war-hawk-if-she-had-rifles-shooting-at-her

I hope you are aware that a top advisor of Kamala, behind the scenes, is Dick Cheney.

It's just like when Ukraine is brought up -
T's comment was that he just wants to Stop the Dying.

It's terrible that so many are so mis-informed -
and the media is so completely controlled,
along with so many in DC being controlled by corporations and the elite.

Big government is killing this nation -

[Wishthiswasmyjob]

Soo many are already anticipating a bounce -
MORONS.
Shiller PE above 37 and Bulls wanting more.
Reminds me so much of the Internet bubble, just no grasp of reality, econ conditions, and valuations.

So many just expect the gov't to not allow a significant drop.

[Wishthiswasmyjob]

it still astonishes me how naive
some people are -
To believe Trump is a Putin Puppet.
To believe the gov't is benevolent.
To believe it hasn't become completely corrupt.

Fukken gullible morons.

We are finishing the most corrupt admin this country has ever seen.

I have no doubt "the powers that be" will do everything they can to destroy the nation,
rather than let the people have power again.
If Trump wins, then will burn it down and blame him.
If Kamala wins, they will continue the path of the last 3 years -
heading towards bankruptcy, a planned invasion, and taking freedoms.

[Wishthiswasmyjob]

Best way to play it from here -
start scaling into these -
buy 33% here and now, and then add another 33% in a week or two, etc...

SPXS at 6.43
SQQQ at 6.94
TZA at 13.15
FNGD at 18.18

These are going to bounce and run upward quickly -
Easy 25% gain at some point over the next 6 months.
Possibly a much larger return.

[Wishthiswasmyjob]

Breadth is terrible -
weak bounce in the SPY and QQQ -
Terrible bounce / Non existent bounce in IWM, RSP, and MDY -
Bad Signs.
the Nov 15th QQQ 495 puts at 10.40 are solid risk/reward.

Step by step, the bounce will fail -
The Retail Bulls will stare at their screen in disbelief,
the sell orders will overwhelm the bids -
Overhead supply will drive it all down, hard and fast.
Get Ready.

[Wishthiswasmyjob]

The indicators I follow -
the charts I look at -
We're ready - down hard, fast and vicious.
on the SPY and QQQ, we have weak volume, no confidence,
MACD crossover to the downside, ready to occur.
Casino market and the gamblers will quickly bail -
Retail, small traders are stuck here at the top.

Recipe for disaster.

[Wishthiswasmyjob]

CVNA top is in,
and I am saying the very top, not a short term one.
It's at 167+ here - could not hold above 170.
This one is going to fall back to 50 and below.
Once this scheme is revealed, it'll crumple.

SMCI being investigated -
Once they turn to CVNA, the reckoning will be brutal.

[Wishthiswasmyjob]

Right here, Right now -
We're overbought, way overvalued, and overextended -
IWM puts here, the Oct 18th, the 225's are at 8.25
The QQQ puts, the Oct 18th, the 480's are at 12.20

[Wishthiswasmyjob]

IWM at 208.35 is a great, long term, SHORT and HOLD
Such a bearish pattern, hard time even clawing its way back to green on the day....
Ominous signs, no support buying by the 'tutes.

[Wishthiswasmyjob]

Doubled the QQQ puts here -
The Sept 20th 460's @ 7.86

Check an hourly candle QQQ chart, this bounce was expected back to the top of the downward channel.
So if the CPI comes in HOT tomorrow ??
It actually doesn't matter - no way rate cuts will stop the coming Juggernaut that the debt will bring.

[Wishthiswasmyjob]

Bought QQQ puts here -
The Sept 20th 460's @ 8.52

[Wishthiswasmyjob]

Charts look terrible -
Econ data is weak and contracting -
Buying the puts, a month out, will be big gainers.
SPY at 547.00 here
QQQ at 456.50 here
IWM at 207.00

[Canna_Business]

Save cash for the crash...

[Wishthiswasmyjob]

We're ready to tumble -
Fear is back -
SPY back to even at the 411 and the QQQ up 2 bucks at 323.75
go with the May 19th at the money puts,
here and now.
the upward momo is stalling, again.

[Wishthiswasmyjob]

I'm watching the equal weight
Indexes here and IMHO, they're
ready to break like a dry twig.

Here and now, we have such a dramatic difference between the SPY and RSP, and the QQQ and QQQE.
It shows how the indexes are propped up by "safety", the darlings.
The breadth is poor and the market illness is much worse than many think.
It's all going to break, here in May. pic.twitter.com/BfI0meoZdY

— Jeffrey Lebowski (@to_borg) May 7, 2023

[Wishthiswasmyjob]

Great time, here and now,
to start scaling into SDS @ 39.80
Buy 50% of position wanted and wait a week to add.
Easy 25% gainer at some point this summer.

Also gotta like the QQQ puts here -
the May 19th 324's at just below 5 bucks (4.90)
Another portion buy scenerio - buy now, wait for confirmation.

We'll revisit this in a week or a month or so - and see results.

[nowwhat2]

3 days ago

[Wishthiswasmyjob]

Hard upward pinch -
right here, right now, 10 minutes before the close -
the Boyz, the sharks, clearing out the shorts -

Good sign tomorrow they will take it down -
Punish the longs....
Always pain both ways if they can.
I see a probable heavy red day tomorrow.

No one trusts earnings and forward info here.

NVDA ready to snap like a dry twig -
the 270 puts - April 28ths @ 7.40 are a good buy.
I am in.

[Wishthiswasmyjob]

and again we see the
levitation act continue...
Blind faith and no fear.

[Wishthiswasmyjob]

Right Here, Right Now -
We're ready to crumple -
I can feel it - no upward strength -
SPY at 411.33

Added to these Big - from last week -
Added at 4.94
Bought April 28th SPY 415 puts here - at 5.40
portion buy - building a position

[Wishthiswasmyjob]

Bought a couple of QQQ puts here -
the May 19th 320's @ 8.40
QQQ at 319.30

Buy them at or in the money and far enough out
so that there's little time decay.
Building a position, portion buy -
Dip a toe and watch to see what develops.
China / Taiwan is a huge tech risk here.

[Wishthiswasmyjob]

Ultimately, EVERYONE knows
the economic conditions DO NOT justify the valuations here -

https://www.multpl.com/shiller-pe

Especially with so much debt and contraction looming.
This is just a situation of irrational buying and FOMO (fear of missing out).
Risks are just being ignored, but as long as buyers aren't being punished,
there seems to be no worries.

Soon enough though, we'll see a hard break and fall back to the 400 level.
Irrational moves, both ways.

It seems no one is concerned about the reality of economic issues
and lack of discretionary income -

https://www.multpl.com/us-real-retail-sales-growth

[Wishthiswasmyjob]

Here we are at SPY 413.40
and we're tremendously overbought....

Bought April 28th SPY 415 puts here - at 5.40
portion buy - building a position

also starting to look into the QQQ or top weighted stocks to go with puts.
Even considering going with the May 19th positions.
SPY May 19th 415 puts currently are 8.25 and a
very good risk/reward point.

[Wishthiswasmyjob]

Happy Easter

Interesting

[Wishthiswasmyjob]

Very concerning


The Kobeissi Letter
@KobeissiLetter
A week ago, France settled their first gas trade using the Chinese Yuan.

This has always been done using US Dollars.

Today, France's President Macron said Europe must reduce its dependency on the US.

There have been 20+ events challenging the US Dollar in a month.

Inflation and the regional banking crisis have people challenging the system.

[Wishthiswasmyjob]

So when will we get answers
And repercussions.

If you recall, the efforts by
"The powers that be"
To cover up the truth were everywhere.
All the experts, all the media, the FBI, CIA, DOJ, etc.
Did everything possible to bury the truth before the election.
It's a good example of how vast the power is, to make sure they stay in control.
It's also an ominous sign of how difficult it will be to try and take power away from "them".

https://trendingpoliticsnews.com/kevin-mccarthy-to-subpoena-51-intel-chiefs-who-called-the-hunter-biden-story-misinformation/?utm_source=collin&utm_medium=twitter

[Wishthiswasmyjob]

Standard Operating Procedure

Newly elected Mayor of Chicago Braindead Johnson's first line of business is to release all prisoners housed in correctional facilities throughout the city.

It seems obvious to me,
Create chaos, so those in government can declare a serious issue, and of course, then "be forced" to implement rules and laws and sieze tight control,
"For the good of the people"

[Wishthiswasmyjob]

And another
Direct result of weak leadership.
There is no respect for this administration.

https://watcher.guru/news/brics-countries-overtake-g7-nations-in-global-gdp-to-become-economically-more-powerful?c=413

[Wishthiswasmyjob]

China has surrounded Taiwan.
fighter jets, 9 destroyers and an aircraft carrier.

It has started.
This is a direct result of weak leadership.

[Wishthiswasmyjob]

Trump at a UFC event tonight
And a Huge reception!
No way he lost the election.
No way dementia Joe got 81 million votes.
Everybody knows the 3am vote count shutdown was a coup.

[Joe Stocks]

DHC bonds-

Their 2028's have a current yield here of 6.52% but the held to maturity of 11.65%. The 2031's have a yield to maturity of 9.60% and a current yield of 6.24%.
2024's current yield of 5.1% and yield to maturity of 9.2%.
per Schwab bond page
I would much rather hold the 24's here maturing in less than two years with the 9.2% yield to maturity than the 2042's DHCNI's with a current yield of 8.97% and have the long tail risk.

Just noticed the 28's have a yield to maturity of 11.65%

I own the 2024's

[Joe Stocks]

$SRG Bot another position at 10.04. Sold the August $10's calls at $1.45. Bit better than what I could do in just selling the puts outright.

Thinking the 25% short interest will pt a floor under the stock. That said, volume could indicate that they already covered large positions.

[Joe Stocks]

Check out $SRG. They are having shareholders vote on liquidating. Stock is up 66% but still some nice upside. From Proxy "Distributions Range will be between $18.50 and $29.00 per share." Bot some at 10.08.
Read the proxy. https://www.sec.gov/Archives/edgar/data/0001628063/000119312522189568/d384540dprem14a.htm

Based upon management’s review and evaluation with its advisors, including CBRE Group, Inc. (“CBRE”), and with input from the Special Committee’s financial advisor, Barclays, if the plan of sale is approved by our shareholders and we are able to successfully implement the plan of sale, we have estimated, based on data and information reviewed by Company management as of or prior to early June 2022 (without taking into account macroeconomic, market or other factors after June 7, 2022), that the net proceeds that will be distributed to our Class A shareholders over time (directly or through a liquidating trust or other liquidating entity) from the plan of sale and taking into account: (a) repayment of our Senior Secured Term Loan, (b) the redemption of the Company’s outstanding Series A Preferred Shares, (c) an estimated amount of settlement of certain financial obligations, (d) the estimated debt service and dividends on Series A Preferred Shares prior to repayment and redemption, (e) the estimated fees and expenses incurred in connection with the sale of our assets, (f) an estimate of the expenses and capital expenditures to be incurred and revenue to be generated from our properties prior to disposition and estimates of the general administrative expenses, (g) wind-down costs of the Company and (h) the Company’s estimated taxes, will be between $18.50 and $29.00 per share (our “Estimated Total Shareholder Distributions Range”), as described in more detail under “Proposal Four: Plan of Sale and Dissolution — Estimated Shareholder Distributions — Calculation of Estimated Shareholder Distributions.”

Yesterday I bought SRG beaten up preferred shares at $16. SRG-A. Today SRG (Eddie Lampart) announced that they are looking to sell and for the dissolution of the company. Preferreds ran up to $22.00. This looks so much like CDR that I sold my shares quick! Lesson learned. FWIW, SRG is up 66% to 10.08. Book is 14.53.