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I have the same problem while on the phone/ ihub app.. a message seems generated by imgur... so I downloaded imgur app but it didn't help
There was a surge in volume on tvix for the last two days.. no doubt market has been feeling more 'iffy' imo
Thanks for posting. We are going to see interesting days ahead for sure.
Volume was higher on TVIX also the last two days..
I think yesterday dip on SPY showed weakness and how quickly people can get in panic mode.. Data coming out is bad and there is no way to spin it around into positive imo
Yes, states are opening up but I believe people will stay cautious and place remain empty which is only going to show that recovery is going to be slow and painful imo
You clearly have never tried personally CBD and have no interest in it whatsover. My husband hurt his back few years ago and the only remedy for him is full strength 60mg of Charlotte’s Web. Yes it's $270 price tag that is steep but it's either this or pain killers with side effects and long term addiction. We pretty much always buy at the local store and even though we thought that it's expensive, it happened twice that it was all sold out.. the owner of the store says that it's his best seller. First time when it was out, we bought 3 different brands and none of them worked for him. Two of them gave him red eyes as if he smoked weed. It was bad experience.
So the second time when they were out, we just bought 50mg Charlotte’s Web that I actually always wanted to try it because it's their original formula with different type of processing and taste is different.
That to be said.. I believe market is still not discovered and FDA does good job to keep it this way as long as they can..
Also I believe that people who rely on CBD daily, they know which product to trust and quality absolutely matters in this sector.. so yes, I'm not surprised at all that all farmers that have zero experience with crop and strains and processing and CBD.. are out of buisness because they should be.
Just sold all at 194.. I think I'm done for today.. so much pressure LOL
Sorry that I always ask you about it.. how are volumes on SPY looking? Is turning red or green?
Thanks for sharing
Yes! Finally good trade here today.
With equal parts of THC? And FDA is totally OK with that? Looks like they must know someone in FDA because seriously I don't know how else you can explain that
LOL good comparison
Customer data is a king these days. Company has huge advantage to know what customers are buying and what's desired on a market instead of blindly producing SKUs that sit on shelves.
True. Charlotte’s could have access to sales data via Nielsen and they saw that it could be worth to sue them.
They pushed SPY higher. I'm out here for now. Will wait again on sideline.
OK.. I just grabbed a little bit of tvix at 149 here for some quick trade.. unless they will break down below that MA200.. than I'm out
SPY on fire.. or at least they want us to think so.. haven't trade tvix for a while now.. keeping eye when SPY shows weakness
Great. No wonder why we filed lawsuit against #1 UK seller that uses our Charlotte’s Web name.
And just like that United flight is fully booked.. people have no choice but fly. There is no other way around it.
https://abc7ny.com/is-it-safe-to-fly-social-distancing-flights-united-coronavirus-airlines/6169245/
I'm surprised that Lord Jones made them only $2mln in 1st Q. I thought the brand was recognizable but apparently I was wrong..aren't they in Sephora? Not sure how many SKUs they have..
Anyway $300mln was absolutely crazy price that they paid for..
But when it comes to their valuation they do show over $1.1B cash and pile of assets (no idea what's included and if they are real) that gives them together $1.9B.. which is exactly their current MC at todays pps..
So I guess they trade at this pps because of their pile of cash and nothing else.
Btw. How come that they own Lord Jones selling CBD products and yet trade on Nasdaq? TLRY is another one.. with Manitoba .. talking about TLRY.. I haven't followed them for a while. I remember they did got also GRAS and were about to launch tinctures.. wondering if anyone knows how their sells are looking.
They paid a lot of Manitoba as well but it was probably better deal then Lord Jones.
It can go either way.. but if Feds continues to dump $ into market, it will go up .. until it won't, right?
I have a feeling that they want to touch that MA200.. but what do I know?
Very flat trading. How are the volumes looking on SPY? Which way is this going to go into the close?
I meant AAPL.. ;)
APPL is nose diving now..
I think they did succeeded in creating this fake euphoria and optimism with this rally from the bottom and probably made a lot of folks into believing that SPY 300 is on a table... especially with Amazon and Apple earnings.. Bezos was soberly honest though and market has a little reality check.. is this going to be short lived or not?
not sure what kind of really good news market needs to keep it going now though..
Is there any official link to this information? Btw. Very intersting and thanks for sharing
Thanks for posting. Perfectly within blue lines.. if that's in play, we will see one more run up with higher highs.. amazon apple earnings could help them to do just that..
based on that chart blue lines intersect next week Tuesday/Wednesday? I'm going to bet on SPY going down but what do I know?
Thanks for posting! I see still there is a room for upside on SPY. My gut is telling me, they will go for at least that MA200..
That to be said, I just sold my premarket TVIX @ 197 (from 183).. could be too early, could be not.. let's see
Ok, looks like SPY may gap up but TVIX remained flat over night. I was afraid to see gap down.. that to be said, just grabbed half position premarket and will look to add lower if SPY wants to test that MA200 today. Betting on pullback on SPY after
Yes, airlines has had very good last 2 days
Out 178 AH. No gain, no loss.. some big ticks Microsoft and others rally hard AH. SPY has a test of MA200 within a reach now.. BUT watching TVIX to reenter once bulls run out of steam and more reality kicks in
I got 190 yesterday and was out at 210.. grabbed again today at 178 with sharp stop.. I think we will see strong move again.. either up or down so I'm either going to make some trade again or will out with no gain.. wondering if SPY is trying to go for MA200..
Yes, they are .. I'm looking forward to consumers spending report tomorrow.. could be intersting.. the one at the of May for April is going to be ugly and reality will kick in sharply then imo.. and there is nothing Feds or Trump can do to prop those numbers.. one time $1200 check is doing nothing
U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Recession... and here we are SPY hitting 293..
https://www.bloomberg.com/news/articles/2020-04-29/u-s-economy-shrinks-at-4-8-pace-signaling-start-of-recession
Are you able to tell approximate date when these two blue lines are going to intersect?
Interesting indeed. Previous tops tagged the upper blue line only once.. so are we having pullback?
We should find out soon enough.
How are advancing/declining volumes look so far today?
Would you mind posting a link where I can check that? I hate asking you all the time
And SPY keeps climbing without showing weakness. Interesting.
Your 292 is within reach now. Will they squeeze shorts and push it all the way to 297 to touch upper BB and MA200?
Crazy shit
Yeah very tricky when you look around and logic tells you that it's bad and then you look at chart with bullish candle after candle and trend upwards.. like what is going on?
I don't think Q1 reports will do any major damage to SPY.. Q2s are going to be different story but if majority of states open by then, nobody will pay attention to ugly Q2s..
Market doesn't even react to growing unemployment numbers any more.
I'm wondering if bad consumers spending numbers could kick in some realty.
Next one is this Thursday but this one is for March so I wouldn't be surprised if this one is actually good with all people buying big for doomsdays LOL the one for April is going to more telling since people would go into preserving cash mode.
Btw. This is going to be first time since last 3 years that we won't be coming to Utah in May for family trip. We are truly missing it. Kids are not happy.
TVIX can go 50/50 up or down.. what concern me is SPY chart because it looks bullish at least for now which would bring another drop here tomorrow.
When you look at daily SPY, there were two waves up from the bottom with small pullbacks.. is it possible that we are in the middle of the 3rd wave up? Could they run it all the way to MA200 or at least close 1st gap? Earnings are start dropping but since pretty much already all companies gave heads ups that they are going to be ugly, can market still react negatively?
I mean everyone expects bad numbers but what if they are not As bad as market expects since companies got hit with closures at the end of Q1 period. Are we going to actually some positive surprises that would add temporary fuel to SPY?
Small businesses are hurting the most but they are detached from Wall Street so yeah I guess SPY can keep rolling up.
Just my thoughts :)