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Thinking it doesn’t happen until next week... if at all... but... There’s a few charts I’m watching that thinks that’s a decent call... of course we shall see... I’m doing the usual vxx straddle dealio I usually do.... got out of the vxx positions I was carrying all week this morning and got into a fri exp 33.5c 33p and still holding the 38c... spy
$319 or $309... pick your poison...! Gla spy
Sorry meant... please apologize the error... gla spy
I’d do the thumbs up emoji if I could... but can’t I don’t think... so thumbs up to this post... lol glty spy
I’d do the thumbs up emoji if I could... but can’t I don’t think... so thumbs up to this post... lol glty spy
Hmm... interesting lol... spy
Totally yawndi.... might as well just go to the lake/beach/creek... use yo signal and just chill ax ain’t nothing happening on these summer low volume days... lol.. same old same ol... shame on you spy... so predictable... unfortunately.... I want more spy... I want more....! Lol... spy
Yeaup... that’s about what I was thinking for today... not necessarily enough to say this number or that number... just it’s about the action I figured... gla spy
Pretty much exactly what I’m talking about with lock step action... and burning out positions on low volume... the schedule hasn’t changed just because it’s a new year... gla spy
Just getting home and wanted to report in...
Closed 319c and 312p for tomorrow expiry... held onto 309p and also Vxx 38c 32c 31p for Friday... we shall see... gla spy
Holding:
Spy 309p 07/08
Vxx 38c 07/10
Vxx 32c 07/10
Vxx 31p 07/10
Volume picking up a bit..? That would be cool... spy
Got some bearish tones to it... but hasn’t confirmed sell off yet imo... gla spy
Lock step...! Lol
Yeah... prob right about there percentage wise... but I’ll tell you this... that last 5% is a doozy... lol... glty spy
Nice chart... spy
Too lazy to log on atm... but wanted to add for explanation... not being sarcastic at all... I really did laugh... because I agree... have a fun one... spy
Ya made me laugh out loud... literally... thank you 4 that... have a good one..! Spy
So when you go to the store... and the week before the price was... $1.20... and then they say... well gas price went up today so transport prices have gone up and so now today it’s $1.35.... ok cool... well let’s see gas prices have receded... price should go down... uh nope... that’s inflation... guess what... scarcity is causing inflation...! Be scarcity... i mean skerred... lol... j/k... just having fun... but not really... look around... it’s happening... spy
Agreed... big money wants to mount the mountain... but what are they wanting to show us ultimately..? Do they want to show us resilience against all odds...? Or is this the OMG ultimate inflation protection... because gold and bonds and the dollar and the what not have been showing holy hell inflation... we are underlying skerred... but we just haven’t realized it yet... but but but... it all really don’t mean chit in this environment... but again... commentary against charts... what wins..? Lol... thank you for the chart my friend... glty spy
That’s awesome man..! Heck ya... I’ll be on the look out for those kinds of opps myself..! Thanks for the share..! Spy
Bouncing here off that 8 sma... looking to break higher here imo... still have some time to go... gla spy
Man if I can say one thing...! If anyone is looking for a place to park some cash through this COVID... SBUX... I’ve worked at so many of their locations and oh my goodness... if you have to work in one of their drive thrus... (like outside... I don’t work for Starbucks) lord help you...! It is always full... of course during full on COVID it was a gamble... but now that they have a handle on it... hey Zeus christo... can’t believe how many people love their $9 coffees with one add of this and two adds of that... take away this... but please make it iced... like wow..! I brew my own.. and I’m good... lol... yeah they closed a few stores... but they were spread thin anyways... prob good for them to concentrate customer base.... lol gla spy
Spy (R1) on the 1 HR is 315.34... (R2) being 319.30... of spy doesn’t break that (R1) value... then we’ll we need to test it at least but it may warrant a test of that (R2) first... we shall see on that... but we have the 8 sma at 315.91... it’s a good first indicator imo... but it doesn’t hold much clout in the long run... so be careful putting too much faith in it... however with longer time frames it gains more relevance imo... but anyhow.. we are testing it atm and looking to see how it reacts... mid bb is 313.73 on the 1HR... gla spy...
Nice..! Glty sir... l8r spy
Yes sir..! Have a nice day..! We shall see..! spy
Lol... no silly... it’s the 7/8 319c and the 7/10 vxx 31p... I gave up on the 38c last week... that ones a lotto... so it’s pretty much a straddle I guess... but We are running hot... don’t mean chit for spy.. I know we can continue this charade for as long as they want... they have a tendency to just burn out put holders and shorts with low volume this time of year... so I’m expecting that to be the same game this year also... but we are running hot..! Why should I get away from what my chart is telling me... I’m playing to the downside but protected to the upside... but my premium prices are pretty much equal..! As long as they don’t burn me out...! Just saying... sorry for all the exclamations... just for sake of convo..! Lol glty spy
Here’s where I say... oh but it’s got to come back and retest that breakout...! And blah stuff like that... I get the breakouts happening all around.. and the 8th may be just a bit too close for comfort but hey... ya never know... I’ve got protection... as long as they don’t lock step it I’m good with my expos... I’m planning on trying a new strategy and not trading as much... so you may still see me post da charts.. just may not see me post position changes as much... FYI... missed out on some decent gains last week if I’d had just held till Friday.... live and we learn my friend... chart on...! Spy
Yes yes yes... I get it... I know... I know... just let me stoopid for once... or twice... or third times a charm..! Lol... ;-$ thank you for the heads up...! Glty spy
Ain’t got much to say atm... just checking in... gla spy
Spy 07/08
319c
312p
309p
vxx 07/10 <— bought last week..!
38c (Premium burned)
32c
31p
Gla spy
yeah... it does has some refining to do to it... thanks..! spy
Ya know... one concern of mine going into the rest of the years earnings... well has anyone been in a Home Depot/Lowe’s..? Sporting goods stores/Walmart’s..? Some of the grocery stores also... some areas in these stores have bare shelves... or very limited stock... this imo will hurt the balance sheets going forward... the level of impact is up to debate imo... but this isnt the same level of panic buying if you ask the stores employees... they say it’s a supply issue... just can’t get some of this stuff in... some people are preordering items before they hit the shelves so it’s not all bad imo... but it shouldn’t be ignored... and it’s easy to track..! Lol... well visually anyways... truly it’s not... it feeds back up the supply chain and we will just have to wait and see how/where this impacts earnings the most going forward... but of course as the economy gets back rolling hopefully it’s one of those... oh what do the BTCrs say..? “HODL” scenario...! Lol... we shall see... gla spy
Ps. Expect the worst and hope for the best... that way you can never be disappointed..! Lol
Speaking of observations... So here’s a chart that I just made up today..! Does this mean anything to anyone..? Can anyone discern anything of meaning from this..? Should I keep this one proprietary..? Lol... idk.. looking for feedback... but it’s a fun one if you ask me... hope you all enjoy it as much as me... happy 4th! Spy
I can tell you this from experience today... well if you’re looking for people to adopt proper procedure around these here parts... well it ain’t happening today... I’ve seen masses without their maskes all day long... unfortunately... does it matter..? Well that’s up to debate... but this is just an observation made today... gla spy
Hope everyone is having a safe happy holiday today...! Ended my excitement early...! Spent some time in the country in a van down by da river...! Lol just kidding... enjoyed some nice creeks outdoors though...! Target plinking... fireworks... and a couple brewskis/and what-not... can’t beat it on a day like today..! Be safe all..! But enjoy your holiday..! You’ve earned it...! Spy
If you’d like to hear what I do... well I use echinacea for one week... and then off for two... continue until not worried any further... which hasn’t happened... not only that but take your omegas full spectrum... and not fish oils becuz of da heavy metals.! Rock on...! Well not really... don’t want to be preachy but... it helps with inflammation in your body... actual helps fight free radicals and reverse oxidization in your cellular system... but anyhow... that’s just me... plus wear da mask and blah blah blah... have a nice evening all... spy
Fair imo... thank you 4 da post..! Have a nice evening... spy