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Yeah, I’m too chicken to do anything right now. It’s best for me to hang out on the sidelines for a while so I don’t do something dumb!!
I’m usually pretty good about looking at the economic calendar so I know what’s coming, but I’ve been screwed up this week because the 4th fell on a Wed. I woke up on Thurs thinking it was Mon! Haha!!
Crap... hopefully it’s not a big position... I off’d half of my position on accident right before close yesterday, or it woulda been worse. I got lucky, but still ticked off, lol.
Good point.... I have that one and other SPY sectors on my watchlist but I don’t watch them nearly as close as I should...
Gonna keep a closer eye on it! Thx!!
Now.... do I walk away for today or try to recover....? Hmmm..... revenge trading is dangerous.
He’s been tweeting them some of his ideas. Who thinks of this stuff??
I never cared for Musk, I always felt like he was too arrogant. But the guy is a damn genius.
I have them at .59 though, lol.... SMH!
Why XLB in particular? Just a technical thing or are home builders gonna get slammed by something coming down the pipeline? High interest rates on loans maybe?
I’m actually surprised that my $272’s still have a bid... It’s only .02, but it would usually have been no bid by now....
Algo’s gone wild!!!
There’s still hope!!! I gave back about $400 on this one, but I’m still working with $2k.... Still ahead of my plan, but I still don’t like giving $400 back, lol.
And a trade war, lol
Nice! Mine will probably expire worthless. They’re just about there. I don’t feel like fighting this beast today.
Ugh... =( At least you got out. I still have mine.
SPY used my puts from yesterday for TP today, lol
The tariff issue is probably already priced in for the most part. I shoulda known better than to go with puts. We’ll see what the day brings.
Jobs report:
213,000 jobs in June, while economists polled by Reuters expected a gain of 195,000.
I keep reading about how everyone’s nervous about the whole trade war thing... Sure doesn’t seem like the market’s too worried....
Futures shot straight up... green....
Well, as of now it hasn’t... Only half way through their trading day...
What will futures do after midnight when the U.S. tariffs on China go into effect?? China said they’d retaliate immediately....
I’d like to say that I’m confident that tomorrow will be red.... but I’m not. We’ve seen SPY rally many times when one would have expected a tank...
To be continued....
Everyone wants jobs, jobs, jobs!!! Well, the jobs are here, now where are all those people that wanted them??
The U.S. labor shortage is reaching a critical point
https://www.cnbc.com/2018/07/05/the-us-labor-shortage-is-reaching-a-critical-point.html
China’s market didn’t seem to concerned with the tariffs in Fri’s trading session. I wonder how much the Chinese gov’t propped it up? ;)
Yuck....
Trump says China could face more than $500 billion in US tariffs
https://www.cnbc.com/2018/07/05/trump-says-us-will-impose-16-billion-in-additional-tariffs-on-china-i.html
Ah chit.... I actually have 6 cons... I forgot that I had a sell order in to reduce my position, and it filed at 3:14. Sold some @ .42, from .59, for a loss. So, not much $$ on the line o/n....
Kinda thinking I’d like them back now....
Lolzzzzz.... I can’t stand that guy, I think his heart is made of stone... But in the back of my mind, I think someone has to fix this trade imbalance, although it may be a painful process.... Maybe there’s a method to this guy’s madness?? I sure hope there is, because it’s starting to get ugly. Canada doesn’t even want our toilet paper!! Haha!
Unicorns & rainbows.....
You may need to dump them.... for a big fat green payday =)
Someone had friends in the right places ;)
Bring on the 2720’s baby! Even if it’s just a quick drop at open...
Liking the chart! Thx!! =)
What strike did you go with? I went with $272
I have a decent sized position considering the small total balance that I’m playing with. This pos is 11 cons... I have about $650ish into it.
I’m looking for China to nail us with those retaliatory tariffs and send the world into mass chaos, lol....
SPY to da moon.....
Lol, I sure hope we get some luck!! I can’t ruin the Million dolla plan this early in the game!
AH’s looking good...but I guess that doesn’t mean much when it’s SPY....
I’m screwed, lol.... Abort $1M dollar plan!!
I was debating selling too just because I hate holding o/n... I like to be allll cash by close =)
If I had them, they’d be brass ;)
ANG forgot about NFP day!! SMFH!!
Ah chit! I hate that report!! I forgot about it because the ADP payroll report came out today, and that usually comes out on Wed. It’s gonna burn me....damn it...
My decision to hold my puts o/n was based solely on the looming Chinese tariffs....
You’re welcome call holders ;)
I held some Fri $272p @ .59 o/n. I’m in the red as of close.... I hate holding o/n... but I have a feeling, lol....